FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-190246-11 | ||
Free Writing Prospectus dated December 5, 2014 | ||
The depositor has filed a registration statement (including a prospectus) with the SEC (SEC File No. 333-190246) for the offering to which this free writing prospectus 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 Web site at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-400-7834 or emailing cmbs-prospectus@jpmorgan.com. | ||
The information in this file (the “File”) is an electronic copy of the information set forth in the Appendix titled “Certain Characteristics of the Mortgage Loans and Mortgaged Properties” to the free writing prospectus and/or prospectus. This File does not contain all information that is required to be included in the base prospectus and the prospectus supplement. This File should be reviewed only in conjunction with the entire free writing prospectus and/or prospectus. Prospective investors are advised to read carefully, and should rely on, the free writing prospectus and/or prospectus relating to the Certificates referred to herein in making their investment decision. | ||
The information in this File may be amended and/or supplemented prior to the time of sale. The information in this File supersedes any contrary information contained in any prior File relating to the subject securities and will be superseded by any contrary information contained in any subsequent File prior to the time of sale. | ||
Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the free writing prospectus and/or prospectus. The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value. | ||
Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, the email communication to which this material may have been attached 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 email system. | ||
ANNEX A-1 | |||||||||||||||||||||||
Number of | Property | Property | |||||||||||||||||||||
Loan # | Seller | Property Name | Street Address | City | State | Zip Code | County | Properties | Type | Subtype | Year Built | ||||||||||||
1 | Column | 500 Fifth Avenue | 500 Fifth Avenue | New York | NY | 10110 | New York | 1 | Office | CBD | 1931 | ||||||||||||
2 | JPMCB | 1515 Market | 1515 Market Street | Philadelphia | PA | 19102 | Philadelphia | 1 | Office | CBD | 1960 | ||||||||||||
3 | JPMCB | Wells Fargo Center Tampa | 100 South Ashley Drive | Tampa | FL | 33602 | Hillsborough | 1 | Office | CBD | 1985 | ||||||||||||
4 | JPMCB | Heron Lakes | 7840-7908 North Sam Houston Parkway West | Houston | TX | 77064 | Harris | 1 | Office | Suburban | 2001-2008 | ||||||||||||
5 | JPMCB | Shaner Hotels Limited Service Portfolio | Various | Various | Various | Various | Various | 7 | Hotel | Limited Service | Various | ||||||||||||
5.01 | JPMCB | Holiday Inn Express - Charleston | 100 Civic Center Drive | Charleston | WV | 25301 | Kanawha | 1 | Hotel | Limited Service | 1978 | ||||||||||||
5.02 | JPMCB | Courtyard - Mechanicsburg | 4921 Gettysburg Road | Mechanicsburg | PA | 17055 | Cumberland | 1 | Hotel | Limited Service | 2007 | ||||||||||||
5.03 | JPMCB | Courtyard - St. Augustine | 2075 State Road 16 | St. Augustine | FL | 32084 | Saint Johns | 1 | Hotel | Limited Service | 2009 | ||||||||||||
5.04 | JPMCB | Fairfield Inn & Suites - Augusta | 2145 Gordon Highway | Augusta | GA | 30909 | Richmond | 1 | Hotel | Limited Service | 2009 | ||||||||||||
5.05 | JPMCB | Courtyard - Jacksonville - I295 East | 9815 Lantern Street | Jacksonville | FL | 32225 | Duval | 1 | Hotel | Limited Service | 2009 | ||||||||||||
5.06 | JPMCB | Fairfield Inn & Suites - Lakeland | 4307 Sterling Commerce Drive | Plant City | FL | 33566 | Hillsborough | 1 | Hotel | Limited Service | 2008 | ||||||||||||
5.07 | JPMCB | Fairfield Inn & Suites - St. Augustine | 305 Outlet Mall Boulevard | St. Augustine | FL | 32084 | Saint Johns | 1 | Hotel | Limited Service | 2009 | ||||||||||||
6 | Column | St. Louis Premium Outlets | 18521 Outlet Boulevard | Chesterfield | MO | 63005 | Saint Louis | 1 | Retail | Outlet Center | 2013 | ||||||||||||
7 | GECC | Centergy One | 75 Fifth Street Northwest | Atlanta | GA | 30308 | Fulton | 1 | Office | CBD | 2003 | ||||||||||||
8 | JPMCB | The Outlet Shoppes of the Bluegrass | 1155 Buck Creek Road | Simpsonville | KY | 40067 | Shelby | 1 | Retail | Outlet Center | 2014 | ||||||||||||
9 | Barclays | United Healthcare Office | 2716 North Tenaya Way | Las Vegas | NV | 89128 | Clark | 1 | Office | Suburban | 1998 | ||||||||||||
10 | JPMCB | 117 Kendrick Street | 117 Kendrick Street | Needham | MA | 02494 | Norfolk | 1 | Office | Suburban | 1955 | ||||||||||||
11 | Column | The View & Legends | Various | Dallas | TX | Various | Dallas | 2 | Multifamily | Various | Various | ||||||||||||
11.01 | Column | View at Kessler Park | 2511 Wedglea Drive | Dallas | TX | 75211 | Dallas | 1 | Multifamily | High Rise | 1964 | ||||||||||||
11.02 | Column | Legends on Lake Highlands | 11201 East Lake Highlands Drive | Dallas | TX | 75218 | Dallas | 1 | Multifamily | Garden | 1971-1979 | ||||||||||||
12 | RCMC | Arbor Gate | 2501 & 2601 West Beltline Highway, 2801 & 2821 Todd Drive | Madison | WI | 53713 | Dane | 1 | Office | Suburban | 2008 | ||||||||||||
13 | Column | Threshold Multifamily Portfolio II | Various | Various | Various | Various | Various | 3 | Multifamily | Garden | Various | ||||||||||||
13.01 | Column | Gable Oaks | 752 Patriot Parkway | Rockhill | SC | 29730 | York | 1 | Multifamily | Garden | 1997 | ||||||||||||
13.02 | Column | Sharon Pointe | 5626 Sharon Pointe Road | Charlotte | NC | 28215 | Mecklenburg | 1 | Multifamily | Garden | 2001 | ||||||||||||
13.03 | Column | Woodbrook | 2525 Woodbrook Lane | Monroe | NC | 28110 | Union | 1 | Multifamily | Garden | 1997 | ||||||||||||
14 | JPMCB | Columbia Centre I & II | 5600 North River Road | Rosemont | IL | 60018 | Cook | 1 | Office | CBD | 1986, 1988 | ||||||||||||
15 | Barclays | Holiday Inn & Suites Across from Universal Studios | 5905 South Kirkman Road | Orlando | FL | 32819 | Orange | 1 | Hotel | Full Service | 1971 | ||||||||||||
16 | Barclays | Belford Towers Apartments | 6731 New Hampshire Avenue | Takoma Park | MD | 20912 | Prince George’s | 1 | Multifamily | High Rise | 1968 | ||||||||||||
17 | JPMCB | Hyatt Regency Lexington | 401 West High Street | Lexington | KY | 40507 | Fayette | 1 | Hotel | Full Service | 1977 | ||||||||||||
18 | Column | Threshold Multifamily Portfolio III | Various | Various | NC | Various | Various | 4 | Multifamily | Garden | Various | ||||||||||||
18.01 | Column | Huntersville Apartments | 300 Hunters Road | Huntersville | NC | 28078 | Mecklenburg | 1 | Multifamily | Garden | 1989 | ||||||||||||
18.02 | Column | Wexford Apartments | 1811 Wexford Meadows Lane | Charlotte | NC | 28262 | Mecklenburg | 1 | Multifamily | Garden | 1996 | ||||||||||||
18.03 | Column | Davidson Apartments | 100 Horizon Court | Concord | NC | 28027 | Cabarrus | 1 | Multifamily | Garden | 1994 | ||||||||||||
18.04 | Column | Marion Ridge Apartments | 1829 East Marion Street | Shelby | NC | 28152 | Cleveland | 1 | Multifamily | Garden | 1999 | ||||||||||||
19 | Barclays | West Shore Plaza Shopping Center | 1775 South Avenue | Staten Island | NY | 10314 | Richmond | 1 | Retail | Anchored | 1990, 2008 | ||||||||||||
20 | RCMC | 543 Howard | 543 Howard Street | San Francisco | CA | 94105 | San Francisco | 1 | Office | CBD | 1920 | ||||||||||||
21 | Barclays | International Corporate Center | 555 Theodore Fremd Avenue | Rye | NY | 10580 | Westchester | 1 | Office | Suburban | 1988 | ||||||||||||
22 | JPMCB | Marriott Fort Lauderdale | 6650 North Andrews Avenue | Fort Lauderdale | FL | 33309 | Broward | 1 | Hotel | Full Service | 1986 | ||||||||||||
23 | Barclays | Dedham Place | 3 Allied Drive | Dedham | MA | 02026 | Norfolk | 1 | Office | Suburban | 1987 | ||||||||||||
24 | RCMC | Eagle View Apartments | 84 Silver Maple Ridge | Charleston | WV | 25306 | Kanawha | 1 | Multifamily | Garden | 2013 | ||||||||||||
25 | RAIT | Newington Commons | 196 Kitts Lane | Newington | CT | 06111 | Hartford | 1 | Retail | Anchored | 1996 | ||||||||||||
26 | JPMCB | Florida Multifamily Portfolio | Various | Various | FL | Various | Various | 13 | Multifamily | Garden | Various | ||||||||||||
26.01 | JPMCB | Lakeland Manor | 929 Gilmore Avenue and 730-810 East 1st Street | Lakeland | FL | 33801 | Lake | 1 | Multifamily | Garden | 1972 | ||||||||||||
26.02 | JPMCB | Kings Trail | 3770 Toledo Road | Jacksonville | FL | 32217 | Duval | 1 | Multifamily | Garden | 1968 | ||||||||||||
26.03 | JPMCB | Rolling Hills | 5402 Pine Chase Drive | Orlando | FL | 32808 | Orange | 1 | Multifamily | Garden | 1995 | ||||||||||||
26.04 | JPMCB | Bella Mar I & II | 12406 North 15th Street | Tampa | FL | 33612 | Hillsborough | 1 | Multifamily | Garden | 1973, 1974 | ||||||||||||
26.05 | JPMCB | Jacksonville Heights | 8050 103rd Street | Jacksonville | FL | 32210 | Duval | 1 | Multifamily | Garden | 1969 | ||||||||||||
26.06 | JPMCB | Del Rio | 5013 East Sligh Avenue | Tampa | FL | 33617 | Hillsborough | 1 | Multifamily | Garden | 1982, 1983 | ||||||||||||
26.07 | JPMCB | Lago Bello | 13533 Gragston Circle | Tampa | FL | 33613 | Hillsborough | 1 | Multifamily | Garden | 1984 | ||||||||||||
26.08 | JPMCB | Tanglewood | 2811 Ruleme Street | Eustis | FL | 32726 | Lake | 1 | Multifamily | Garden | 1972, 1986 | ||||||||||||
26.09 | JPMCB | Mount Dora | 3001 Northland Road | Mount Dora | FL | 32757 | Lake | 1 | Multifamily | Garden | 1986, 1988 | ||||||||||||
26.10 | JPMCB | North Washington | 1877 19th Street | Sarasota | FL | 34234 | Sarasota | 1 | Multifamily | Garden | 1961 | ||||||||||||
26.11 | JPMCB | Brandywyne | 418 19th Street Southeast | Winter Haven | FL | 33884 | Polk | 1 | Multifamily | Garden | 1980 | ||||||||||||
26.12 | JPMCB | Landings | 102 Landings Way | Winter Haven | FL | 33880 | Polk | 1 | Multifamily | Garden | 1984 | ||||||||||||
26.13 | JPMCB | Country Place | 3950 Country Place | Winter Haven | FL | 33880 | Polk | 1 | Multifamily | Garden | 1984 | ||||||||||||
27 | Barclays | St. John Knits Campus | 17522, 17572, 17622 and 17632 Armstrong Avenue | Irvine | CA | 92614 | Orange | 1 | Mixed Use | Industrial/Office | 1969 | ||||||||||||
28 | Column | Westview Apartments | 201 West Southwest Parkway | Lewisville | TX | 75067 | Denton | 1 | Multifamily | Garden | 1986 | ||||||||||||
29 | JPMCB | 1019 Market Street | 1019 Market Street | San Francisco | CA | 94103 | San Francisco | 1 | Office | CBD | 1909 | ||||||||||||
30 | Barclays | Fordham Road Business Park | 100-110 Fordham Road | Wilmington | MA | 01887 | Middlesex | 1 | Industrial | Flex | 1968 | ||||||||||||
31 | JPMCB | Renaissance Boca Raton | 2000 Northwest 19th Street | Boca Raton | FL | 33431 | Palm Beach | 1 | Hotel | Full Service | 1982 | ||||||||||||
32 | RAIT | Broadway Marketplace - Parcel 2,3,4 | 303-487 South Broadway | Denver | CO | 80209 | Denver | 1 | Retail | Anchored | 1994 | ||||||||||||
33 | Barclays | Staybridge Suites Savannah Historic District | 301 East Bay Street | Savannah | GA | 31401 | Chatham | 1 | Hotel | Extended Stay | 1871 | ||||||||||||
34 | JPMCB | Metro Centre | 4700 North University Street | Peoria | IL | 61614 | Peoria | 1 | Retail | Shadow Anchored | 1971-1985 | ||||||||||||
35 | JPMCB | Hilton Garden Inn Tampa Riverview | 4328 Garden Vista Drive | Riverview | FL | 33578 | Hillsborough | 1 | Hotel | Limited Service | 2009 | ||||||||||||
36 | GECC | Whispering Palms MHC/RV | 10305 US Highway 1 | Sebastian | FL | 32958 | Indian River | 1 | Manufactured Housing | Manufactured Housing | 1969 | ||||||||||||
37 | RCMC | Hilton Garden Inn Westampton | 111 Hancock Lane | Westampton | NJ | 08060 | Burlington | 1 | Hotel | Limited Service | 2009 | ||||||||||||
38 | GECC | Riverstone - Deer Creek MHC | 7051 Daniel Drive | Stockbridge | GA | 30281 | Clayton | 1 | Manufactured Housing | Manufactured Housing | 1970 | ||||||||||||
39 | RCMC | Eastwood Village Shopping Center | 1604-1624 Montclair Road | Irondale | AL | 35210 | Jefferson | 1 | Retail | Anchored | 2007 | ||||||||||||
40 | JPMCB | Hilton Garden Inn Houston | 750 West Texas Avenue | Webster | TX | 77598 | Harris | 1 | Hotel | Limited Service | 2009 | ||||||||||||
41 | RCMC | Westview Business Park | 5119 & 5123 Pegasus Court | Frederick | MD | 21704 | Frederick | 1 | Industrial | Flex | 2006 | ||||||||||||
42 | RCMC | 10 New Road | 10 New Road | Rumford | RI | 02916 | Providence | 1 | Industrial | Warehouse | 1958 | ||||||||||||
43 | GECC | Residence Inn - Dover | 600 Jefferic Boulevard | Dover | DE | 19901 | Kent | 1 | Hotel | Extended Stay | 2007 | ||||||||||||
44 | Barclays | 33 Boston Post Road | 33 Boston Post Road | Marlborough | MA | 01752 | Middlesex | 1 | Office | Suburban | 1983 | ||||||||||||
45 | RAIT | Hampshire Park Apartments | 400 North Lake Park Avenue | Hobart | IN | 46342 | Lake | 1 | Multifamily | Garden | 1972 | ||||||||||||
46 | GECC | 100 Provena Way | 100 Provena Way | Bourbonnais | IL | 60914 | Kankakee | 1 | Office | Medical | 2004 | ||||||||||||
47 | Column | Forest Cove | 3001-3061 Miller Road | Ann Arbor | MI | 48103 | Washtenaw | 1 | Office | Suburban | 2000 | ||||||||||||
48 | JPMCB | Guardian Self Storage | 1555 South 76th Street | Superior | CO | 80027 | Boulder | 1 | Self Storage | Self Storage | 2013 | ||||||||||||
49 | JPMCB | Summer Chase | 3952 Horseshoe Road North | Little River | SC | 29566 | Horry | 1 | Multifamily | Garden | 2000 | ||||||||||||
50 | Barclays | Walden Park Shopping Center | 10900 Lakeline Mall Drive | Austin | TX | 78717 | Williamson | 1 | Retail | Anchored | 2003 | ||||||||||||
51 | Column | Candlewood Suites Indianapolis Airport | 5250 West Bradbury Avenue | Indianapolis | IN | 46241 | Marion | 1 | Hotel | Extended Stay | 2007 | ||||||||||||
52 | RAIT | Lyncourt Apartments | 1210 Southwest 3rd Avenue | Gainesville | FL | 32601 | Alachua | 1 | Multifamily | Student | 2014 | ||||||||||||
53 | RCMC | Mill Creek Crossing | 1935 Buford Mill Drive | Buford | GA | 30519 | Gwinnett | 1 | Retail | Shadow Anchored | 1999 | ||||||||||||
54 | RAIT | Cypress Pointe | 1020-1090 East Cypress Avenue | Redding | CA | 96002 | Shasta | 1 | Retail | Unanchored | 2002 | ||||||||||||
55 | RCMC | American Water Works | 7303 Plantation Road | Pensacola | FL | 32504 | Escambia | 1 | Office | Suburban | 1977 | ||||||||||||
56 | JPMCB | Gander Mountain | 700 Council Drive | Lebanon | IN | 46052 | Boone | 1 | Industrial | Warehouse | 2000 |
A-1-1
ANNEX A-1 | |||||||||||||||||||||||
Number of | Property | Property | |||||||||||||||||||||
Loan # | Seller(1) | Property Name | Street Address | City | State | Zip Code | County | Properties | Type | Subtype | Year Built | ||||||||||||
57 | GECC | 153-157 West Ohio St | 153 West Ohio Street | Chicago | IL | 60654 | Cook | 1 | Office | CBD | 1906 | ||||||||||||
58 | JPMCB | 3445 North Causeway | 3445 North Causeway Boulevard | Metairie | LA | 70002 | Jefferson | 1 | Office | CBD | 1972 | ||||||||||||
59 | Barclays | Rockaway Shopping Center | 14-59 Beach Channel Drive | Far Rockaway | NY | 11691 | Queens | 1 | Retail | Anchored | 2006 | ||||||||||||
60 | RCMC | 701 Martinsville | 701 Martinsville Road | Liberty Corner | NJ | 07059 | Somerset | 1 | Office | Suburban | 1964 | ||||||||||||
61 | RAIT | ATR Transmissions | 401 Terrace Drive | Mundelein | IL | 60060 | Lake | 1 | Industrial | Flex | 1998 | ||||||||||||
62 | Column | Northridge Plaza | 17062-17092 Devonshire Street | Northridge | CA | 91325 | Los Angeles | 1 | Retail | Unanchored | 1973 | ||||||||||||
63 | Column | Copper Creek Apartments | 6666 East Golf Links Road | Tucson | AZ | 85730 | Pima | 1 | Multifamily | Garden | 1973 | ||||||||||||
64 | RAIT | Cottages at Hooper Hill | 2905 South Lamar Boulevard | Oxford | MS | 38655 | Lafayette | 1 | Multifamily | Student | 2014 | ||||||||||||
65 | RAIT | Tractor Supply - Flagstaff | 2020 East Route 66 | Flagstaff | AZ | 86004 | Coconino | 1 | Retail | Single Tenant | 2014 | ||||||||||||
66 | GECC | Colonial Manor MHC | 525 Airport Boulevard | Watsonville | CA | 95076 | Santa Cruz | 1 | Manufactured Housing | Manufactured Housing | 1965 | ||||||||||||
67 | Column | Mobile Gardens MHC | 1901 North Glasscock Road | Mission | TX | 78572 | Hidalgo | 1 | Manufactured Housing | Manufactured Housing | 1968 | ||||||||||||
68 | GECC | Lakeshore - Summit Village/Blue Coral MHC Portfolio | 8461 Perry Highway & 411 Kelso Drive | Erie | PA | 16509, 16505 | Erie | 1 | Manufactured Housing | Manufactured Housing | 1971 | ||||||||||||
69 | Column | Harvard Court Townhouses | 1324 Harvard Way | Reno | NV | 89502 | Washoe | 1 | Multifamily | Garden | 1964 |
A-1-2
ANNEX A-1 | |||||||||||||||||||||||||||||
Original | Current | ||||||||||||||||||||||||||||
Year | Unit of | Occupancy | Appraised | Appraisal | Current | Original | Balance | Current | Balance | ||||||||||||||||||||
Loan # | Seller(1) | Property Name | Renovated | Units(2) | Measure | Occupancy %(3) | Date | Value ($)(4) | Date | LTV %(4) | Balance ($)(5)(6) | per Unit ($) | Balance ($)(5)(6) | per Unit ($) | |||||||||||||||
1 | Column | 500 Fifth Avenue | 2012 | 712,791 | Square Feet | 92.3% | 10/01/14 | 600,000,000 | 08/13/14 | 33.3% | 100,000,000 | 281 | 100,000,000 | 281 | |||||||||||||||
2 | JPMCB | 1515 Market | 2007 | 502,213 | Square Feet | 88.7% | 11/20/14 | 87,000,000 | 10/31/14 | 73.3% | 63,750,000 | 127 | 63,750,000 | 127 | |||||||||||||||
3 | JPMCB | Wells Fargo Center Tampa | 2013 | 389,524 | Square Feet | 93.1% | 11/01/14 | 78,000,000 | 10/29/14 | 76.7% | 59,800,000 | 154 | 59,800,000 | 154 | |||||||||||||||
4 | JPMCB | Heron Lakes | 314,504 | Square Feet | 98.2% | 12/01/14 | 71,000,000 | 11/01/14 | 73.2% | 52,000,000 | 165 | 52,000,000 | 165 | ||||||||||||||||
5 | JPMCB | Shaner Hotels Limited Service Portfolio | Various | 732 | Rooms | 73.4% | 08/31/14 | 72,250,000 | 09/01/14 | 68.9% | 49,750,000 | 67,964 | 49,750,000 | 67,964 | |||||||||||||||
5.01 | JPMCB | Holiday Inn Express - Charleston | 2013 | 195 | Rooms | 68.6% | 08/31/14 | 14,000,000 | 09/01/14 | 9,640,000 | 9,640,000 | ||||||||||||||||||
5.02 | JPMCB | Courtyard - Mechanicsburg | 91 | Rooms | 75.8% | 08/31/14 | 13,000,000 | 09/01/14 | 8,950,000 | 8,950,000 | |||||||||||||||||||
5.03 | JPMCB | Courtyard - St. Augustine | 98 | Rooms | 76.5% | 08/31/14 | 10,750,000 | 09/01/14 | 7,400,000 | 7,400,000 | |||||||||||||||||||
5.04 | JPMCB | Fairfield Inn & Suites - Augusta | 82 | Rooms | 72.3% | 08/31/14 | 10,500,000 | 09/01/14 | 7,230,000 | 7,230,000 | |||||||||||||||||||
5.05 | JPMCB | Courtyard - Jacksonville - I295 East | 97 | Rooms | 74.0% | 08/31/14 | 9,250,000 | 09/01/14 | 6,370,000 | 6,370,000 | |||||||||||||||||||
5.06 | JPMCB | Fairfield Inn & Suites - Lakeland | 87 | Rooms | 72.1% | 08/31/14 | 8,000,000 | 09/01/14 | 5,510,000 | 5,510,000 | |||||||||||||||||||
5.07 | JPMCB | Fairfield Inn & Suites - St. Augustine | 82 | Rooms | 80.0% | 08/31/14 | 6,750,000 | 09/01/14 | 4,650,000 | 4,650,000 | |||||||||||||||||||
6 | Column | St. Louis Premium Outlets | 351,462 | Square Feet | 100.0% | 07/08/14 | 132,600,000 | 08/18/14 | 71.6% | 47,500,000 | 270 | 47,500,000 | 270 | ||||||||||||||||
7 | GECC | Centergy One | 253,435 | Square Feet | 99.2% | 10/01/14 | 61,000,000 | 10/13/14 | 75.0% | 45,750,000 | 181 | 45,750,000 | 181 | ||||||||||||||||
8 | JPMCB | The Outlet Shoppes of the Bluegrass | 374,683 | Square Feet | 97.5% | 10/01/14 | 123,000,000 | 11/02/14 | 63.0% | 45,000,000 | 207 | 45,000,000 | 207 | ||||||||||||||||
9 | Barclays | United Healthcare Office | 204,123 | Square Feet | 100.0% | 12/06/14 | 60,000,000 | 07/09/14 | 70.0% | 42,000,000 | 206 | 42,000,000 | 206 | ||||||||||||||||
10 | JPMCB | 117 Kendrick Street | 2001 | 212,846 | Square Feet | 100.0% | 11/01/14 | 53,000,000 | 09/26/14 | 74.6% | 39,560,000 | 186 | 39,560,000 | 186 | |||||||||||||||
11 | Column | The View & Legends | 2013 | 655 | Units | 90.8% | 10/16/14 | 51,000,000 | 08/04/14 | 75.0% | 38,250,000 | 58,397 | 38,250,000 | 58,397 | |||||||||||||||
11.01 | Column | View at Kessler Park | 2013 | 299 | Units | 90.0% | 10/16/14 | 30,000,000 | 08/04/14 | 22,500,000 | 22,500,000 | ||||||||||||||||||
11.02 | Column | Legends on Lake Highlands | 2013 | 356 | Units | 91.6% | 10/16/14 | 21,000,000 | 08/04/14 | 15,750,000 | 15,750,000 | ||||||||||||||||||
12 | RCMC | Arbor Gate | 216,612 | Square Feet | 95.9% | 10/01/14 | 52,740,000 | 08/25/14 | 72.2% | 38,100,000 | 176 | 38,100,000 | 176 | ||||||||||||||||
13 | Column | Threshold Multifamily Portfolio II | 610 | Units | 95.1% | 09/01/14 | 47,550,000 | 07/28/14 | 80.0% | 38,040,000 | 62,361 | 38,040,000 | 62,361 | ||||||||||||||||
13.01 | Column | Gable Oaks | 252 | Units | 96.4% | 09/01/14 | 18,300,000 | 07/28/14 | 14,640,000 | 14,640,000 | |||||||||||||||||||
13.02 | Column | Sharon Pointe | 190 | Units | 93.2% | 09/01/14 | 15,500,000 | 07/28/14 | 12,400,000 | 12,400,000 | |||||||||||||||||||
13.03 | Column | Woodbrook | 168 | Units | 95.2% | 09/01/14 | 13,750,000 | 07/28/14 | 11,000,000 | 11,000,000 | |||||||||||||||||||
14 | JPMCB | Columbia Centre I & II | 2011 | 370,775 | Square Feet | 92.0% | 10/08/14 | 53,200,000 | 08/14/14 | 70.0% | 37,240,000 | 100 | 37,240,000 | 100 | |||||||||||||||
15 | Barclays | Holiday Inn & Suites Across from Universal Studios | 2010-2011 | 390 | Rooms | 88.1% | 09/30/14 | 58,600,000 | 10/02/14 | 61.4% | 36,000,000 | 92,308 | 36,000,000 | 92,308 | |||||||||||||||
16 | Barclays | Belford Towers Apartments | 467 | Units | 96.8% | 09/01/14 | 69,100,000 | 09/17/14 | 50.6% | 35,000,000 | 74,946 | 34,953,152 | 74,846 | ||||||||||||||||
17 | JPMCB | Hyatt Regency Lexington | 2008 | 366 | Rooms | 66.1% | 09/30/14 | 43,000,000 | 10/20/14 | 79.1% | 34,000,000 | 92,896 | 34,000,000 | 92,896 | |||||||||||||||
18 | Column | Threshold Multifamily Portfolio III | Various | 620 | Units | 94.5% | 09/01/14 | 41,650,000 | Various | 79.3% | 33,038,986 | 53,289 | 33,038,986 | 53,289 | |||||||||||||||
18.01 | Column | Huntersville Apartments | 174 | Units | 97.1% | 09/01/14 | 12,900,000 | 08/01/14 | 10,320,000 | 10,320,000 | |||||||||||||||||||
18.02 | Column | Wexford Apartments | 142 | Units | 97.2% | 09/01/14 | 9,850,000 | 07/28/14 | 7,880,000 | 7,880,000 | |||||||||||||||||||
18.03 | Column | Davidson Apartments | 2005 | 156 | Units | 98.1% | 09/01/14 | 9,300,000 | 07/30/14 | 7,440,000 | 7,440,000 | ||||||||||||||||||
18.04 | Column | Marion Ridge Apartments | 148 | Units | 85.1% | 09/01/14 | 9,600,000 | 07/28/14 | 7,398,986 | 7,398,986 | |||||||||||||||||||
19 | Barclays | West Shore Plaza Shopping Center | 255,902 | Square Feet | 88.4% | 11/12/14 | 48,200,000 | 08/18/14 | 66.4% | 32,000,000 | 125 | 32,000,000 | 125 | ||||||||||||||||
20 | RCMC | 543 Howard | 2002 | 72,987 | Square Feet | 100.0% | 09/01/14 | 54,800,000 | 08/22/14 | 56.2% | 31,000,000 | 425 | 30,798,301 | 422 | |||||||||||||||
21 | Barclays | International Corporate Center | 168,585 | Square Feet | 98.2% | 10/15/14 | 41,000,000 | 10/21/14 | 72.3% | 29,625,000 | 176 | 29,625,000 | 176 | ||||||||||||||||
22 | JPMCB | Marriott Fort Lauderdale | 2008 | 315 | Rooms | 73.7% | 09/30/14 | 41,200,000 | 10/16/14 | 63.0% | 25,950,000 | 82,381 | 25,950,000 | 82,381 | |||||||||||||||
23 | Barclays | Dedham Place | 2004 | 160,910 | Square Feet | 88.4% | 07/02/14 | 33,000,000 | 08/08/14 | 72.7% | 24,000,000 | 149 | 24,000,000 | 149 | |||||||||||||||
24 | RCMC | Eagle View Apartments | 214 | Units | 100.0% | 09/30/14 | 33,000,000 | 08/13/14 | 72.7% | 24,000,000 | 112,150 | 24,000,000 | 112,150 | ||||||||||||||||
25 | RAIT | Newington Commons | 2010 | 189,864 | Square Feet | 100.0% | 09/16/14 | 32,300,000 | 07/31/14 | 74.3% | 24,000,000 | 126 | 24,000,000 | 126 | |||||||||||||||
26 | JPMCB | Florida Multifamily Portfolio | Various | 2,198 | Units | 94.1% | 08/25/14 | 86,670,000 | Various | 66.1% | 22,300,000 | 26,069 | 22,300,000 | 26,069 | |||||||||||||||
26.01 | JPMCB | Lakeland Manor | 2012 | 373 | Units | 94.4% | 08/25/14 | 13,800,000 | 09/03/14 | 3,580,000 | 3,580,000 | ||||||||||||||||||
26.02 | JPMCB | Kings Trail | 320 | Units | 94.7% | 08/25/14 | 13,400,000 | 09/03/14 | 3,465,000 | 3,465,000 | |||||||||||||||||||
26.03 | JPMCB | Rolling Hills | 240 | Units | 91.3% | 08/25/14 | 12,000,000 | 08/27/14 | 3,090,000 | 3,090,000 | |||||||||||||||||||
26.04 | JPMCB | Bella Mar I & II | 264 | Units | 93.2% | 08/25/14 | 9,150,000 | 09/03/14 | 2,350,000 | 2,350,000 | |||||||||||||||||||
26.05 | JPMCB | Jacksonville Heights | 2013 | 173 | Units | 93.1% | 08/25/14 | 7,600,000 | 09/03/14 | 1,960,000 | 1,960,000 | ||||||||||||||||||
26.06 | JPMCB | Del Rio | 160 | Units | 96.3% | 08/25/14 | 6,100,000 | 09/03/14 | 1,570,000 | 1,570,000 | |||||||||||||||||||
26.07 | JPMCB | Lago Bello | 120 | Units | 97.5% | 08/25/14 | 4,850,000 | 09/03/14 | 1,250,000 | 1,250,000 | |||||||||||||||||||
26.08 | JPMCB | Tanglewood | 138 | Units | 93.5% | 08/25/14 | 4,500,000 | 09/03/14 | 1,160,000 | 1,160,000 | |||||||||||||||||||
26.09 | JPMCB | Mount Dora | 2012-2013 | 132 | Units | 94.7% | 08/25/14 | 4,400,000 | 09/03/14 | 1,160,000 | 1,160,000 | ||||||||||||||||||
26.10 | JPMCB | North Washington | 118 | Units | 94.9% | 08/25/14 | 5,300,000 | 09/04/14 | 1,270,000 | 1,270,000 | |||||||||||||||||||
26.11 | JPMCB | Brandywyne | 2011-2013 | 82 | Units | 92.7% | 08/25/14 | 2,780,000 | 09/03/14 | 720,000 | 720,000 | ||||||||||||||||||
26.12 | JPMCB | Landings | 2011-2013 | 60 | Units | 95.0% | 08/25/14 | 2,220,000 | 09/03/14 | 570,000 | 570,000 | ||||||||||||||||||
26.13 | JPMCB | Country Place | 18 | Units | 100.0% | 08/25/14 | 570,000 | 09/03/14 | 155,000 | 155,000 | |||||||||||||||||||
27 | Barclays | St. John Knits Campus | 1998 | 178,372 | Square Feet | 100.0% | 12/06/14 | 32,800,000 | 10/06/14 | 61.0% | 20,000,000 | 112 | 20,000,000 | 112 | |||||||||||||||
28 | Column | Westview Apartments | 2014 | 335 | Units | 91.3% | 10/07/14 | 26,150,000 | 07/01/15 | 75.0% | 19,600,000 | 58,507 | 19,600,000 | 58,507 | |||||||||||||||
29 | JPMCB | 1019 Market Street | 2013 | 75,523 | Square Feet | 100.0% | 10/20/14 | 48,250,000 | 10/17/14 | 40.0% | 19,300,000 | 256 | 19,300,000 | 256 | |||||||||||||||
30 | Barclays | Fordham Road Business Park | 301,932 | Square Feet | 81.7% | 06/01/14 | 26,500,000 | 08/08/14 | 69.8% | 18,500,000 | 61 | 18,500,000 | 61 | ||||||||||||||||
31 | JPMCB | Renaissance Boca Raton | 2008, 2013 | 189 | Rooms | 75.4% | 09/30/14 | 31,100,000 | 10/15/14 | 59.3% | 18,450,000 | 97,619 | 18,450,000 | 97,619 | |||||||||||||||
32 | RAIT | Broadway Marketplace - Parcel 2,3,4 | 122,803 | Square Feet | 100.0% | 10/10/14 | 23,600,000 | 08/20/14 | 70.5% | 16,660,000 | 136 | 16,638,691 | 135 | ||||||||||||||||
33 | Barclays | Staybridge Suites Savannah Historic District | 2014 | 104 | Rooms | 79.4% | 10/31/14 | 23,800,000 | 10/14/14 | 62.4% | 14,850,000 | 142,788 | 14,850,000 | 142,788 | |||||||||||||||
34 | JPMCB | Metro Centre | 2013 | 155,657 | Square Feet | 93.4% | 09/12/14 | 21,000,000 | 08/29/14 | 70.0% | 14,697,000 | 94 | 14,697,000 | 94 | |||||||||||||||
35 | JPMCB | Hilton Garden Inn Tampa Riverview | 2013 | 119 | Rooms | 73.4% | 09/30/14 | 18,200,000 | 07/16/14 | 79.1% | 14,405,000 | 121,050 | 14,405,000 | 121,050 | |||||||||||||||
36 | GECC | Whispering Palms MHC/RV | 2014 | 572 | Pads | 81.3% | 09/01/14 | 19,600,000 | 06/06/14 | 71.1% | 14,000,000 | 24,476 | 13,927,793 | 24,349 | |||||||||||||||
37 | RCMC | Hilton Garden Inn Westampton | 113 | Rooms | 76.2% | 08/31/14 | 20,000,000 | 09/03/14 | 69.0% | 13,800,000 | 122,124 | 13,800,000 | 122,124 | ||||||||||||||||
38 | GECC | Riverstone - Deer Creek MHC | 1983 | 525 | Pads | 92.0% | 09/30/14 | 19,650,000 | 08/05/14 | 69.3% | 13,650,000 | 26,000 | 13,616,381 | 25,936 | |||||||||||||||
39 | RCMC | Eastwood Village Shopping Center | 134,256 | Square Feet | 97.9% | 09/28/14 | 17,250,000 | 08/20/14 | 74.8% | 12,900,000 | 96 | 12,900,000 | 96 | ||||||||||||||||
40 | JPMCB | Hilton Garden Inn Houston | 126 | Rooms | 67.1% | 09/30/14 | 19,200,000 | 10/08/14 | 59.9% | 11,500,000 | 91,270 | 11,500,000 | 91,270 | ||||||||||||||||
41 | RCMC | Westview Business Park | 122,840 | Square Feet | 84.5% | 10/17/14 | 15,700,000 | 09/23/14 | 70.0% | 11,000,000 | 90 | 10,984,927 | 89 | ||||||||||||||||
42 | RCMC | 10 New Road | 2013 | 339,952 | Square Feet | 94.7% | 09/11/14 | 13,500,000 | 08/29/14 | 72.2% | 9,750,000 | 29 | 9,750,000 | 29 | |||||||||||||||
43 | GECC | Residence Inn - Dover | 98 | Rooms | 81.3% | 08/31/14 | 13,000,000 | 06/04/14 | 75.0% | 9,750,000 | 99,490 | 9,750,000 | 99,490 | ||||||||||||||||
44 | Barclays | 33 Boston Post Road | 106,348 | Square Feet | 89.5% | 08/01/14 | 12,500,000 | 07/01/14 | 72.0% | 9,000,000 | 85 | 9,000,000 | 85 | ||||||||||||||||
45 | RAIT | Hampshire Park Apartments | 186 | Units | 93.5% | 08/22/14 | 11,725,000 | 09/11/14 | 76.8% | 9,000,000 | 48,387 | 9,000,000 | 48,387 | ||||||||||||||||
46 | GECC | 100 Provena Way | 39,590 | Square Feet | 100.0% | 12/01/14 | 12,500,000 | 08/06/14 | 69.8% | 8,750,000 | 221 | 8,720,789 | 220 | ||||||||||||||||
47 | Column | Forest Cove | 82,870 | Square Feet | 96.0% | 09/28/14 | 14,500,000 | 08/20/14 | 57.6% | 8,350,000 | 101 | 8,350,000 | 101 | ||||||||||||||||
48 | JPMCB | Guardian Self Storage | 638 | Units | 84.2% | 10/31/14 | 12,900,000 | 10/30/14 | 63.6% | 8,200,000 | 12,853 | 8,200,000 | 12,853 | ||||||||||||||||
49 | JPMCB | Summer Chase | 168 | Units | 95.8% | 09/12/14 | 11,150,000 | 09/26/14 | 69.6% | 7,760,000 | 46,190 | 7,760,000 | 46,190 | ||||||||||||||||
50 | Barclays | Walden Park Shopping Center | 57,569 | Square Feet | 86.0% | 10/17/14 | 11,900,000 | 10/22/14 | 63.0% | 7,500,000 | 130 | 7,500,000 | 130 | ||||||||||||||||
51 | Column | Candlewood Suites Indianapolis Airport | 125 | Rooms | 85.3% | 07/31/14 | 10,090,000 | 08/21/14 | 73.0% | 7,370,000 | 58,960 | 7,370,000 | 58,960 | ||||||||||||||||
52 | RAIT | Lyncourt Apartments | 110 | Beds | 99.1% | 10/16/14 | 10,000,000 | 10/10/14 | 73.0% | 7,300,000 | 66,364 | 7,300,000 | 66,364 | ||||||||||||||||
53 | RCMC | Mill Creek Crossing | 51,235 | Square Feet | 91.6% | 10/01/14 | 9,750,000 | 07/25/14 | 71.1% | 6,930,000 | 135 | 6,930,000 | 135 | ||||||||||||||||
54 | RAIT | Cypress Pointe | 29,627 | Square Feet | 84.9% | 10/31/14 | 9,700,000 | 08/22/14 | 68.0% | 6,600,000 | 223 | 6,600,000 | 223 | ||||||||||||||||
55 | RCMC | American Water Works | 2005 | 64,053 | Square Feet | 100.0% | 12/05/14 | 8,440,000 | 08/28/14 | 74.6% | 6,300,000 | 98 | 6,300,000 | 98 | |||||||||||||||
56 | JPMCB | Gander Mountain | 226,756 | Square Feet | 100.0% | 07/01/14 | 10,950,000 | 09/19/14 | 56.9% | 6,228,750 | 27 | 6,228,750 | 27 |
A-1-3
ANNEX A-1 | |||||||||||||||||||||||||||||
Original | Current | ||||||||||||||||||||||||||||
Year | Unit of | Occupancy | Appraised | Appraisal | Current | Original | Balance | Current | Balance | ||||||||||||||||||||
Loan # | Seller(1) | Property Name | Renovated | Units(2) | Measure | Occupancy %(3) | Date | Value ($)(4) | Date | LTV %(4) | Balance ($)(5)(6) | per Unit ($) | Balance ($)(5)(6) | per Unit ($) | |||||||||||||||
57 | GECC | 153-157 West Ohio St | 2005 | 40,318 | Square Feet | 100.0% | 10/16/14 | 8,200,000 | 10/01/14 | 74.1% | 6,075,000 | 151 | 6,075,000 | 151 | |||||||||||||||
58 | JPMCB | 3445 North Causeway | 1998 | 130,417 | Square Feet | 87.2% | 08/01/14 | 10,200,000 | 06/25/14 | 55.9% | 5,700,000 | 44 | 5,700,000 | 44 | |||||||||||||||
59 | Barclays | Rockaway Shopping Center | 20,300 | Square Feet | 91.4% | 06/25/14 | 8,450,000 | 09/02/14 | 61.5% | 5,200,000 | 256 | 5,200,000 | 256 | ||||||||||||||||
60 | RCMC | 701 Martinsville | 31,441 | Square Feet | 100.0% | 12/05/14 | 7,800,000 | 09/08/14 | 63.9% | 5,000,000 | 159 | 4,982,871 | 158 | ||||||||||||||||
61 | RAIT | ATR Transmissions | 92,636 | Square Feet | 100.0% | 12/01/14 | 6,000,000 | 06/06/14 | 68.4% | 4,125,000 | 45 | 4,105,812 | 44 | ||||||||||||||||
62 | Column | Northridge Plaza | 23,810 | Square Feet | 100.0% | 09/30/14 | 5,850,000 | 08/12/14 | 68.2% | 4,000,000 | 168 | 3,990,108 | 168 | ||||||||||||||||
63 | Column | Copper Creek Apartments | 107 | Units | 92.5% | 07/31/14 | 4,940,000 | 08/01/14 | 76.9% | 3,800,000 | 35,514 | 3,800,000 | 35,514 | ||||||||||||||||
64 | RAIT | Cottages at Hooper Hill | 72 | Beds | 98.6% | 10/31/14 | 4,700,000 | 09/26/14 | 71.3% | 3,350,000 | 46,528 | 3,350,000 | 46,528 | ||||||||||||||||
65 | RAIT | Tractor Supply - Flagstaff | 22,870 | Square Feet | 100.0% | 12/01/14 | 4,800,000 | 10/11/14 | 64.5% | 3,100,000 | 136 | 3,096,114 | 135 | ||||||||||||||||
66 | GECC | Colonial Manor MHC | 72 | Pads | 100.0% | 06/01/14 | 3,750,000 | 06/30/14 | 73.3% | 2,750,000 | 38,194 | 2,750,000 | 38,194 | ||||||||||||||||
67 | Column | Mobile Gardens MHC | 182 | Pads | 95.1% | 10/07/14 | 3,700,000 | 06/18/14 | 71.5% | 2,655,000 | 14,588 | 2,645,310 | 14,535 | ||||||||||||||||
68 | GECC | Lakeshore - Summit Village/Blue Coral MHC Portfolio | 172 | Pads | 73.8% | 10/08/14 | 3,600,000 | 08/04/14 | 69.6% | 2,510,000 | 14,593 | 2,506,888 | 14,575 | ||||||||||||||||
69 | Column | Harvard Court Townhouses | 44 | Units | 97.7% | 06/13/14 | 3,100,000 | 05/22/14 | 66.8% | 2,070,000 | 47,045 | 2,070,000 | 47,045 |
A-1-4
ANNEX A-1 | |||||||||||||||||||||||||||||||
Net | |||||||||||||||||||||||||||||||
% of Initial | Crossed | Related | Interest | Admin. | Mortgage | Monthly Debt | Annual Debt | First | Partial IO | Partial IO Loan | |||||||||||||||||||||
Loan # | Seller(1) | Property Name | Pool Balance | Loan | Borrower(7) | Rate %(8) | Fee %(8) | Rate %(8) | Accrual Type | Service ($)(9)(10) | Service ($)(10) | Note Date | Payment Date(11) | Last IO Payment | First P&I Payment | ||||||||||||||||
1 | Column | 500 Fifth Avenue | 6.9% | No | No | 3.58000 | 0.01030 | 3.56970 | Actual/360 | 302,476.85 | 3,629,722.22 | 10/03/14 | 11/06/14 | ||||||||||||||||||
2 | JPMCB | 1515 Market | 4.4% | No | No | 4.30450 | 0.02030 | 4.28420 | Actual/360 | 315,649.02 | 3,787,788.24 | 12/02/14 | 01/01/15 | 01/01/20 | 02/01/20 | ||||||||||||||||
3 | JPMCB | Wells Fargo Center Tampa | 4.1% | No | No | 4.72150 | 0.01030 | 4.71120 | Actual/360 | 310,918.66 | 3,731,023.92 | 11/25/14 | 01/01/15 | ||||||||||||||||||
4 | JPMCB | Heron Lakes | 3.6% | No | No | 4.48500 | 0.01030 | 4.47470 | Actual/360 | 263,013.11 | 3,156,157.32 | 11/14/14 | 01/01/15 | 12/01/16 | 01/01/17 | ||||||||||||||||
5 | JPMCB | Shaner Hotels Limited Service Portfolio | 3.4% | No | No | 4.52700 | 0.01030 | 4.51670 | Actual/360 | 252,874.70 | 3,034,496.40 | 10/31/14 | 12/01/14 | 11/01/16 | 12/01/16 | ||||||||||||||||
5.01 | JPMCB | Holiday Inn Express - Charleston | 0.7% | ||||||||||||||||||||||||||||
5.02 | JPMCB | Courtyard - Mechanicsburg | 0.6% | ||||||||||||||||||||||||||||
5.03 | JPMCB | Courtyard - St. Augustine | 0.5% | ||||||||||||||||||||||||||||
5.04 | JPMCB | Fairfield Inn & Suites - Augusta | 0.5% | ||||||||||||||||||||||||||||
5.05 | JPMCB | Courtyard - Jacksonville - I295 East | 0.4% | ||||||||||||||||||||||||||||
5.06 | JPMCB | Fairfield Inn & Suites - Lakeland | 0.4% | ||||||||||||||||||||||||||||
5.07 | JPMCB | Fairfield Inn & Suites - St. Augustine | 0.3% | ||||||||||||||||||||||||||||
6 | Column | St. Louis Premium Outlets | 3.3% | No | No | 4.06100 | 0.01030 | 4.05070 | Actual/360 | 228,445.89 | 2,741,350.62 | 09/11/14 | 11/06/14 | 10/06/19 | 11/06/19 | ||||||||||||||||
7 | GECC | Centergy One | 3.2% | No | No | 4.60000 | 0.01030 | 4.58970 | Actual/360 | 234,534.80 | 2,814,417.60 | 11/13/14 | 01/01/15 | 12/01/16 | 01/01/17 | ||||||||||||||||
8 | JPMCB | The Outlet Shoppes of the Bluegrass | 3.1% | No | No | 4.04500 | 0.01030 | 4.03470 | 30/360 | 216,005.96 | 2,592,071.52 | 11/24/14 | 01/01/15 | ||||||||||||||||||
9 | Barclays | United Healthcare Office | 2.9% | No | No | 4.74186 | 0.01030 | 4.73156 | Actual/360 | 168,270.17 | 2,019,242.04 | 10/01/14 | 11/06/14 | ||||||||||||||||||
10 | JPMCB | 117 Kendrick Street | 2.7% | No | No | 4.30000 | 0.01030 | 4.28970 | Actual/360 | 195,771.14 | 2,349,253.68 | 12/01/14 | 01/01/15 | 12/01/19 | 01/01/20 | ||||||||||||||||
11 | Column | The View & Legends | 2.6% | No | No | 5.21000 | 0.01030 | 5.19970 | Actual/360 | 210,271.26 | 2,523,255.12 | 09/24/14 | 11/06/14 | 10/06/16 | 11/06/16 | ||||||||||||||||
11.01 | Column | View at Kessler Park | 1.6% | ||||||||||||||||||||||||||||
11.02 | Column | Legends on Lake Highlands | 1.1% | ||||||||||||||||||||||||||||
12 | RCMC | Arbor Gate | 2.6% | No | No | 4.64000 | 0.01030 | 4.62970 | Actual/360 | 196,229.34 | 2,354,752.08 | 11/07/14 | 01/05/15 | 12/05/16 | 01/05/17 | ||||||||||||||||
13 | Column | Threshold Multifamily Portfolio II | 2.6% | No | Yes - Group 2 | 4.41100 | 0.01030 | 4.40070 | Actual/360 | 201,073.95 | 2,412,887.40 | 10/10/14 | 12/06/14 | 05/06/18 | 06/06/18 | ||||||||||||||||
13.01 | Column | Gable Oaks | 1.0% | ||||||||||||||||||||||||||||
13.02 | Column | Sharon Pointe | 0.9% | ||||||||||||||||||||||||||||
13.03 | Column | Woodbrook | 0.8% | ||||||||||||||||||||||||||||
14 | JPMCB | Columbia Centre I & II | 2.6% | No | No | 4.22000 | 0.03030 | 4.18970 | Actual/360 | 182,544.97 | 2,190,539.64 | 10/15/14 | 12/01/14 | 11/01/16 | 12/01/16 | ||||||||||||||||
15 | Barclays | Holiday Inn & Suites Across from Universal Studios | 2.5% | No | No | 4.40000 | 0.01030 | 4.38970 | Actual/360 | 180,273.93 | 2,163,287.16 | 11/13/14 | 01/06/15 | 12/06/17 | 01/06/18 | ||||||||||||||||
16 | Barclays | Belford Towers Apartments | 2.4% | No | No | 4.41000 | 0.01030 | 4.39970 | Actual/360 | 175,473.12 | 2,105,677.44 | 10/07/14 | 12/06/14 | ||||||||||||||||||
17 | JPMCB | Hyatt Regency Lexington | 2.3% | No | Yes - Group 1 | 5.22000 | 0.01030 | 5.20970 | Actual/360 | 187,117.99 | 2,245,415.88 | 11/14/14 | 01/01/15 | 12/01/16 | 01/01/17 | ||||||||||||||||
18 | Column | Threshold Multifamily Portfolio III | 2.3% | No | Yes - Group 2 | 4.41100 | 0.01030 | 4.40070 | Actual/360 | 174,639.31 | 2,095,671.72 | 10/10/14 | 12/06/14 | 05/06/18 | 06/06/18 | ||||||||||||||||
18.01 | Column | Huntersville Apartments | 0.7% | ||||||||||||||||||||||||||||
18.02 | Column | Wexford Apartments | 0.5% | ||||||||||||||||||||||||||||
18.03 | Column | Davidson Apartments | 0.5% | ||||||||||||||||||||||||||||
18.04 | Column | Marion Ridge Apartments | 0.5% | ||||||||||||||||||||||||||||
19 | Barclays | West Shore Plaza Shopping Center | 2.2% | No | No | 4.40500 | 0.01030 | 4.39470 | Actual/360 | 160,338.02 | 1,924,056.24 | 11/18/14 | 01/06/15 | 12/06/17 | 01/06/18 | ||||||||||||||||
20 | RCMC | 543 Howard | 2.1% | No | No | 5.00000 | 0.01030 | 4.98970 | Actual/360 | 197,436.55 | 2,369,238.60 | 09/05/14 | 10/05/14 | ||||||||||||||||||
21 | Barclays | International Corporate Center | 2.0% | No | No | 4.33200 | 0.01030 | 4.32170 | Actual/360 | 147,162.86 | 1,765,954.32 | 11/14/14 | 01/06/15 | 12/06/19 | 01/06/20 | ||||||||||||||||
22 | JPMCB | Marriott Fort Lauderdale | 1.8% | No | Yes - Group 1 | 4.59860 | 0.01030 | 4.58830 | Actual/360 | 133,009.50 | 1,596,114.00 | 11/14/14 | 01/01/15 | 12/01/16 | 01/01/17 | ||||||||||||||||
23 | Barclays | Dedham Place | 1.7% | No | Yes - Group 3 | 4.51500 | 0.01030 | 4.50470 | Actual/360 | 121,818.47 | 1,461,821.64 | 09/30/14 | 11/06/14 | 10/06/19 | 11/06/19 | ||||||||||||||||
24 | RCMC | Eagle View Apartments | 1.7% | No | No | 4.41000 | 0.03780 | 4.37220 | Actual/360 | 120,324.43 | 1,443,893.16 | 11/03/14 | 12/05/14 | 11/05/15 | 12/05/15 | ||||||||||||||||
25 | RAIT | Newington Commons | 1.7% | No | No | 4.79000 | 0.03780 | 4.75220 | Actual/360 | 125,774.66 | 1,509,295.92 | 09/17/14 | 11/01/14 | 10/01/16 | 11/01/16 | ||||||||||||||||
26 | JPMCB | Florida Multifamily Portfolio | 1.5% | No | No | 4.65052 | 0.03280 | 4.61772 | Actual/360 | 114,994.01 | 1,379,928.12 | 10/15/14 | 12/01/14 | 11/01/17 | 12/01/17 | ||||||||||||||||
26.01 | JPMCB | Lakeland Manor | 0.2% | ||||||||||||||||||||||||||||
26.02 | JPMCB | Kings Trail | 0.2% | ||||||||||||||||||||||||||||
26.03 | JPMCB | Rolling Hills | 0.2% | ||||||||||||||||||||||||||||
26.04 | JPMCB | Bella Mar I & II | 0.2% | ||||||||||||||||||||||||||||
26.05 | JPMCB | Jacksonville Heights | 0.1% | ||||||||||||||||||||||||||||
26.06 | JPMCB | Del Rio | 0.1% | ||||||||||||||||||||||||||||
26.07 | JPMCB | Lago Bello | 0.1% | ||||||||||||||||||||||||||||
26.08 | JPMCB | Tanglewood | 0.1% | ||||||||||||||||||||||||||||
26.09 | JPMCB | Mount Dora | 0.1% | ||||||||||||||||||||||||||||
26.10 | JPMCB | North Washington | 0.1% | ||||||||||||||||||||||||||||
26.11 | JPMCB | Brandywyne | 0.0% | ||||||||||||||||||||||||||||
26.12 | JPMCB | Landings | 0.0% | ||||||||||||||||||||||||||||
26.13 | JPMCB | Country Place | 0.0% | ||||||||||||||||||||||||||||
27 | Barclays | St. John Knits Campus | 1.4% | No | No | 4.24000 | 0.05030 | 4.18970 | Actual/360 | 98,270.93 | 1,179,251.16 | 10/28/14 | 12/06/14 | 11/06/18 | 12/06/18 | ||||||||||||||||
28 | Column | Westview Apartments | 1.4% | No | No | 4.75000 | 0.01030 | 4.73970 | Actual/360 | 102,242.88 | 1,226,914.56 | 08/27/14 | 10/06/14 | 09/06/16 | 10/06/16 | ||||||||||||||||
29 | JPMCB | 1019 Market Street | 1.3% | No | No | 3.55000 | 0.01030 | 3.53970 | Actual/360 | 57,888.83 | 694,665.97 | 12/02/14 | 01/01/15 | ||||||||||||||||||
30 | Barclays | Fordham Road Business Park | 1.3% | No | Yes - Group 3 | 4.49000 | 0.01030 | 4.47970 | Actual/360 | 93,626.89 | 1,123,522.68 | 10/24/14 | 12/06/14 | 11/06/17 | 12/06/17 | ||||||||||||||||
31 | JPMCB | Renaissance Boca Raton | 1.3% | No | Yes - Group 1 | 4.60960 | 0.01030 | 4.59930 | Actual/360 | 94,688.77 | 1,136,265.24 | 11/14/14 | 01/01/15 | 12/01/16 | 01/01/17 | ||||||||||||||||
32 | RAIT | Broadway Marketplace - Parcel 2,3,4 | 1.1% | No | No | 4.66000 | 0.03780 | 4.62220 | Actual/360 | 86,004.97 | 1,032,059.64 | 10/31/14 | 12/01/14 | ||||||||||||||||||
33 | Barclays | Staybridge Suites Savannah Historic District | 1.0% | No | No | 4.70000 | 0.01030 | 4.68970 | Actual/360 | 77,017.71 | 924,212.52 | 10/30/14 | 12/06/14 | 11/06/16 | 12/06/16 | ||||||||||||||||
34 | JPMCB | Metro Centre | 1.0% | No | No | 4.04350 | 0.05030 | 3.99320 | Actual/360 | 70,534.80 | 846,417.60 | 10/24/14 | 12/01/14 | 11/01/17 | 12/01/17 | ||||||||||||||||
35 | JPMCB | Hilton Garden Inn Tampa Riverview | 1.0% | No | No | 4.90000 | 0.01030 | 4.88970 | Actual/360 | 83,373.06 | 1,000,476.72 | 11/14/14 | 01/01/15 | 12/01/16 | 01/01/17 | ||||||||||||||||
36 | GECC | Whispering Palms MHC/RV | 1.0% | No | No | 4.39000 | 0.01030 | 4.37970 | Actual/360 | 70,023.85 | 840,286.20 | 07/23/14 | 09/01/14 | ||||||||||||||||||
37 | RCMC | Hilton Garden Inn Westampton | 1.0% | No | No | 4.63000 | 0.01030 | 4.61970 | Actual/360 | 77,726.71 | 932,720.52 | 11/07/14 | 01/05/15 | ||||||||||||||||||
38 | GECC | Riverstone - Deer Creek MHC | 0.9% | No | No | 4.60000 | 0.01030 | 4.58970 | Actual/360 | 69,975.96 | 839,711.52 | 09/15/14 | 11/01/14 | ||||||||||||||||||
39 | RCMC | Eastwood Village Shopping Center | 0.9% | No | No | 4.31000 | 0.01030 | 4.29970 | Actual/360 | 63,914.19 | 766,970.28 | 11/03/14 | 12/05/14 | 11/05/16 | 12/05/16 | ||||||||||||||||
40 | JPMCB | Hilton Garden Inn Houston | 0.8% | No | No | 4.42000 | 0.01030 | 4.40970 | Actual/360 | 57,723.45 | 692,681.40 | 11/03/14 | 01/01/15 | ||||||||||||||||||
41 | RCMC | Westview Business Park | 0.8% | No | No | 4.28000 | 0.04780 | 4.23220 | Actual/360 | 54,306.75 | 651,681.00 | 10/30/14 | 12/05/14 | ||||||||||||||||||
42 | RCMC | 10 New Road | 0.7% | No | No | 4.28000 | 0.01030 | 4.26970 | Actual/360 | 48,135.53 | 577,626.36 | 10/08/14 | 12/05/14 | 11/05/16 | 12/05/16 | ||||||||||||||||
43 | GECC | Residence Inn - Dover | 0.7% | No | No | 4.50000 | 0.01030 | 4.48970 | Actual/360 | 49,401.82 | 592,821.84 | 11/07/14 | 01/01/15 | ||||||||||||||||||
44 | Barclays | 33 Boston Post Road | 0.6% | No | Yes - Group 3 | 4.41500 | 0.01030 | 4.40470 | Actual/360 | 45,148.26 | 541,779.12 | 11/05/14 | 12/06/14 | 11/06/19 | 12/06/19 | ||||||||||||||||
45 | RAIT | Hampshire Park Apartments | 0.6% | No | No | 4.51500 | 0.01030 | 4.50470 | Actual/360 | 44,619.01 | 535,428.12 | 10/30/14 | 12/01/14 | 11/01/17 | 12/01/17 | ||||||||||||||||
46 | GECC | 100 Provena Way | 0.6% | No | Yes - Group 4 | 4.79000 | 0.01030 | 4.77970 | Actual/360 | 50,086.79 | 601,041.48 | 09/18/14 | 11/01/14 | ||||||||||||||||||
47 | Column | Forest Cove | 0.6% | No | No | 4.73000 | 0.01030 | 4.71970 | Actual/360 | 43,456.95 | 521,483.40 | 09/17/14 | 11/06/14 | 10/06/15 | 11/06/15 | ||||||||||||||||
48 | JPMCB | Guardian Self Storage | 0.6% | No | No | 4.30900 | 0.05780 | 4.25120 | Actual/360 | 40,622.80 | 487,473.60 | 11/24/14 | 01/01/15 | 12/01/15 | 01/01/16 | ||||||||||||||||
49 | JPMCB | Summer Chase | 0.5% | No | No | 4.44000 | 0.05030 | 4.38970 | Actual/360 | 29,110.78 | 349,329.33 | 10/08/14 | 12/01/14 | ||||||||||||||||||
50 | Barclays | Walden Park Shopping Center | 0.5% | No | No | 4.32800 | 0.01030 | 4.31770 | Actual/360 | 37,238.77 | 446,865.24 | 11/20/14 | 01/06/15 | 12/06/19 | 01/06/20 | ||||||||||||||||
51 | Column | Candlewood Suites Indianapolis Airport | 0.5% | No | No | 4.94000 | 0.01030 | 4.92970 | Actual/360 | 39,293.94 | 471,527.28 | 09/23/14 | 11/06/14 | 10/06/16 | 11/06/16 | ||||||||||||||||
52 | RAIT | Lyncourt Apartments | 0.5% | No | No | 4.48500 | 0.01030 | 4.47470 | Actual/360 | 36,922.99 | 443,075.88 | 12/02/14 | 01/01/15 | 12/01/17 | 01/01/18 | ||||||||||||||||
53 | RCMC | Mill Creek Crossing | 0.5% | No | No | 4.62000 | 0.01030 | 4.60970 | Actual/360 | 35,609.13 | 427,309.56 | 11/24/14 | 01/05/15 | 12/05/16 | 01/05/17 | ||||||||||||||||
54 | RAIT | Cypress Pointe | 0.5% | No | No | 4.49500 | 0.01030 | 4.48470 | Actual/360 | 33,421.63 | 401,059.56 | 11/03/14 | 01/01/15 | 12/01/17 | 01/01/18 | ||||||||||||||||
55 | RCMC | American Water Works | 0.4% | No | No | 4.55000 | 0.01030 | 4.53970 | Actual/360 | 32,108.61 | 385,303.32 | 11/10/14 | 01/05/15 | ||||||||||||||||||
56 | JPMCB | Gander Mountain | 0.4% | No | No | 4.30000 | 0.01030 | 4.28970 | Actual/360 | 22,629.68 | 271,556.20 | 10/20/14 | 12/01/14 |
A-1-5
ANNEX A-1 | |||||||||||||||||||||||||||||||
Net | |||||||||||||||||||||||||||||||
% of Initial | Crossed | Related | Interest | Admin. | Mortgage | Monthly Debt | Annual Debt | First | Partial IO | Partial IO Loan | |||||||||||||||||||||
Loan # | Seller(1) | Property Name | Pool Balance | Loan | Borrower(7) | Rate %(8) | Fee %(8) | Rate %(8) | Accrual Type | Service ($)(9)(10) | Service ($)(10) | Note Date | Payment Date(11) | Last IO Payment | First P&I Payment | ||||||||||||||||
57 | GECC | 153-157 West Ohio St | 0.4% | No | Yes - Group 4 | 4.44000 | 0.01030 | 4.42970 | Actual/360 | 30,564.93 | 366,779.16 | 11/10/14 | 01/01/15 | ||||||||||||||||||
58 | JPMCB | 3445 North Causeway | 0.4% | No | No | 3.67900 | 0.01030 | 3.66870 | Actual/360 | 17,717.96 | 212,615.54 | 11/12/14 | 01/01/15 | ||||||||||||||||||
59 | Barclays | Rockaway Shopping Center | 0.4% | No | No | 4.63000 | 0.01030 | 4.61970 | Actual/360 | 29,288.32 | 351,459.84 | 11/13/14 | 01/06/15 | ||||||||||||||||||
60 | RCMC | 701 Martinsville | 0.3% | No | No | 4.63000 | 0.01030 | 4.61970 | Actual/360 | 28,161.85 | 337,942.20 | 10/01/14 | 11/05/14 | ||||||||||||||||||
61 | RAIT | ATR Transmissions | 0.3% | No | No | 4.90000 | 0.01030 | 4.88970 | Actual/360 | 21,892.48 | 262,709.76 | 07/25/14 | 09/01/14 | ||||||||||||||||||
62 | Column | Northridge Plaza | 0.3% | No | No | 4.57000 | 0.01030 | 4.55970 | Actual/360 | 20,424.12 | 245,089.44 | 09/25/14 | 11/06/14 | ||||||||||||||||||
63 | Column | Copper Creek Apartments | 0.3% | No | Yes - Group 5 | 4.50000 | 0.01030 | 4.48970 | Actual/360 | 19,254.04 | 231,048.48 | 09/25/14 | 11/06/14 | 10/06/16 | 11/06/16 | ||||||||||||||||
64 | RAIT | Cottages at Hooper Hill | 0.2% | No | No | 4.85000 | 0.01030 | 4.83970 | Actual/360 | 17,677.68 | 212,132.16 | 11/14/14 | 01/01/15 | ||||||||||||||||||
65 | RAIT | Tractor Supply - Flagstaff | 0.2% | No | No | 4.77000 | 0.01030 | 4.75970 | Actual/360 | 16,208.46 | 194,501.52 | 10/23/14 | 12/01/14 | ||||||||||||||||||
66 | GECC | Colonial Manor MHC | 0.2% | No | No | 4.82000 | 0.01030 | 4.80970 | Actual/360 | 14,461.56 | 173,538.72 | 08/28/14 | 10/01/14 | 09/01/16 | 10/01/16 | ||||||||||||||||
67 | Column | Mobile Gardens MHC | 0.2% | No | No | 4.76000 | 0.01030 | 4.74970 | Actual/360 | 13,865.74 | 166,388.88 | 08/07/14 | 10/06/14 | ||||||||||||||||||
68 | GECC | Lakeshore - Summit Village/Blue Coral MHC Portfolio | 0.2% | No | No | 4.83000 | 0.01030 | 4.81970 | Actual/360 | 13,214.65 | 158,575.80 | 10/28/14 | 12/01/14 | ||||||||||||||||||
69 | Column | Harvard Court Townhouses | 0.1% | No | Yes - Group 5 | 4.87000 | 0.01030 | 4.85970 | Actual/360 | 10,948.33 | 131,379.96 | 06/18/14 | 08/06/14 | 07/06/15 | 08/06/15 |
A-1-6
ANNEX A-1 | ||||||||||||||||||||||||||||||||
Rem.(11) | Rem. | Payment | Grace Period | Grace Period | Final | Maturity/ARD | Maturity | Prepayment | ||||||||||||||||||||||||
Loan # | Seller(1) | Property Name | Term | Amort | I/O Period(11) | Seasoning | Due Date | (Late Payment) | (Default) | Maturity Date(11) | ARD Loan(11) | Mat Date(11) | Balance ($)(5) | LTV %(4) | Provision (Payments)(11)(12) | |||||||||||||||||
1 | Column | 500 Fifth Avenue | 118 | 0 | 120 | 2 | 6 | 0 | 0 | 10/06/24 | No | 100,000,000 | 33.3% | L(26),Def(89),O(5) | ||||||||||||||||||
2 | JPMCB | 1515 Market | 121 | 360 | 61 | 0 | 1 | 0 | 0 | 01/01/25 | No | 58,157,544 | 66.8% | L(26),Grtr1%orYM(92),O(3) | ||||||||||||||||||
3 | JPMCB | Wells Fargo Center Tampa | 60 | 360 | 0 | 0 | 1 | 0 | 0 | 12/01/19 | No | 54,914,163 | 70.4% | L(24),Grtr1%orYM(12),O(24) | ||||||||||||||||||
4 | JPMCB | Heron Lakes | 120 | 360 | 24 | 0 | 1 | 0 | 0 | 12/01/24 | No | 44,392,143 | 62.5% | L(25),Grtr1%orYM(91),O(4) | ||||||||||||||||||
5 | JPMCB | Shaner Hotels Limited Service Portfolio | 119 | 360 | 24 | 1 | 1 | 0 | 0 | 11/01/24 | No | 42,517,443 | 58.8% | L(25),Def(91),O(4) | ||||||||||||||||||
5.01 | JPMCB | Holiday Inn Express - Charleston | 8,238,556 | |||||||||||||||||||||||||||||
5.02 | JPMCB | Courtyard - Mechanicsburg | 7,648,867 | |||||||||||||||||||||||||||||
5.03 | JPMCB | Courtyard - St. Augustine | 6,324,203 | |||||||||||||||||||||||||||||
5.04 | JPMCB | Fairfield Inn & Suites - Augusta | 6,178,917 | |||||||||||||||||||||||||||||
5.05 | JPMCB | Courtyard - Jacksonville - I295 East | 5,443,942 | |||||||||||||||||||||||||||||
5.06 | JPMCB | Fairfield Inn & Suites - Lakeland | 4,708,967 | |||||||||||||||||||||||||||||
5.07 | JPMCB | Fairfield Inn & Suites - St. Augustine | 3,973,992 | |||||||||||||||||||||||||||||
6 | Column | St. Louis Premium Outlets | 118 | 360 | 60 | 2 | 6 | 0 | 0 | 10/06/24 | No | 43,158,196 | 65.1% | L(26),Def(87),O(7) | ||||||||||||||||||
7 | GECC | Centergy One | 120 | 360 | 24 | 0 | 1 | 5 | 5 | 12/01/24 | No | 39,176,320 | 64.2% | L(24),Def(93),O(3) | ||||||||||||||||||
8 | JPMCB | The Outlet Shoppes of the Bluegrass | 120 | 360 | 0 | 0 | 1 | 5 | 0 | 12/01/24 | No | 35,506,614 | 49.7% | L(25),Grtr1%orYM(91),O(4) | ||||||||||||||||||
9 | Barclays | United Healthcare Office | 58 | 0 | 60 | 2 | 6 | 0 | 0 | 10/06/19 | No | 42,000,000 | 70.0% | L(26),Def(27),O(7) | ||||||||||||||||||
10 | JPMCB | 117 Kendrick Street | 120 | 360 | 60 | 0 | 1 | 0 | 0 | 12/01/24 | No | 36,087,792 | 68.1% | L(13),Grtr1%orYM(94),O(13) | ||||||||||||||||||
11 | Column | The View & Legends | 58 | 360 | 24 | 2 | 6 | 0 | 0 | 10/06/19 | Yes | 10/06/24 | 36,619,487 | 71.8% | L(26),Def(27),O(7) | |||||||||||||||||
11.01 | Column | View at Kessler Park | 21,540,875 | |||||||||||||||||||||||||||||
11.02 | Column | Legends on Lake Highlands | 15,078,612 | |||||||||||||||||||||||||||||
12 | RCMC | Arbor Gate | 120 | 360 | 24 | 0 | 5 | 0 | 0 | 12/05/24 | No | 32,659,997 | 61.9% | L(24),Def(92),O(4) | ||||||||||||||||||
13 | Column | Threshold Multifamily Portfolio II | 119 | 324 | 42 | 1 | 6 | 0 | 0 | 11/06/24 | No | 32,701,018 | 68.8% | L(25),Def(88),O(7) | ||||||||||||||||||
13.01 | Column | Gable Oaks | 12,585,250 | |||||||||||||||||||||||||||||
13.02 | Column | Sharon Pointe | 10,659,638 | |||||||||||||||||||||||||||||
13.03 | Column | Woodbrook | 9,456,130 | |||||||||||||||||||||||||||||
14 | JPMCB | Columbia Centre I & II | 119 | 360 | 24 | 1 | 1 | 0 | 0 | 11/01/24 | No | 31,562,365 | 59.3% | L(25),Def(92),O(3) | ||||||||||||||||||
15 | Barclays | Holiday Inn & Suites Across from Universal Studios | 120 | 360 | 36 | 0 | 6 | 0 | 0 | 12/06/24 | No | 31,439,924 | 53.7% | L(24),Def(92),O(4) | ||||||||||||||||||
16 | Barclays | Belford Towers Apartments | 119 | 359 | 0 | 1 | 6 | 0 | 0 | 11/06/24 | No | 28,209,740 | 40.8% | L(25),Def(88),O(7) | ||||||||||||||||||
17 | JPMCB | Hyatt Regency Lexington | 120 | 360 | 24 | 0 | 1 | 0 | 0 | 12/01/24 | No | 29,579,950 | 68.8% | L(26),Grtr1%orYM(91),O(3) | ||||||||||||||||||
18 | Column | Threshold Multifamily Portfolio III | 119 | 324 | 42 | 1 | 6 | 0 | 0 | 11/06/24 | No | 28,401,906 | 68.2% | L(25),Def(88),O(7) | ||||||||||||||||||
18.01 | Column | Huntersville Apartments | 8,871,570 | |||||||||||||||||||||||||||||
18.02 | Column | Wexford Apartments | 6,774,028 | |||||||||||||||||||||||||||||
18.03 | Column | Davidson Apartments | 6,395,783 | |||||||||||||||||||||||||||||
18.04 | Column | Marion Ridge Apartments | 6,360,525 | |||||||||||||||||||||||||||||
19 | Barclays | West Shore Plaza Shopping Center | 120 | 360 | 36 | 0 | 6 | 0 | 0 | 12/06/24 | No | 27,949,863 | 58.0% | L(24),Def(89),O(7) | ||||||||||||||||||
20 | RCMC | 543 Howard | 117 | 297 | 0 | 3 | 5 | 0 | 0 | 09/05/24 | No | 20,655,908 | 37.7% | L(27),Def(89),O(4) | ||||||||||||||||||
21 | Barclays | International Corporate Center | 120 | 360 | 60 | 0 | 6 | 0 | 0 | 12/06/24 | No | 27,039,031 | 65.9% | L(24),Def(89),O(7) | ||||||||||||||||||
22 | JPMCB | Marriott Fort Lauderdale | 120 | 360 | 24 | 0 | 1 | 0 | 0 | 12/01/24 | No | 22,220,500 | 53.9% | L(26),Grtr1%orYM(91),O(3) | ||||||||||||||||||
23 | Barclays | Dedham Place | 118 | 360 | 60 | 2 | 6 | 0 | 0 | 10/06/24 | No | 21,970,381 | 66.6% | L(24),Grtr1%orYM(92),O(4) | ||||||||||||||||||
24 | RCMC | Eagle View Apartments | 119 | 360 | 12 | 1 | 5 | 0 | 0 | 11/05/24 | No | 19,909,775 | 60.3% | L(25),Def(91),O(4) | ||||||||||||||||||
25 | RAIT | Newington Commons | 118 | 360 | 24 | 2 | 1 | 5 | 5 | 10/01/24 | No | 20,654,266 | 63.9% | L(26),Def(90),O(4) | ||||||||||||||||||
26 | JPMCB | Florida Multifamily Portfolio | 119 | 360 | 36 | 1 | 1 | 0 | 0 | 11/01/24 | No | 19,587,387 | 58.1% | L(25),Def(92),O(3) | ||||||||||||||||||
26.01 | JPMCB | Lakeland Manor | 3,144,522 | |||||||||||||||||||||||||||||
26.02 | JPMCB | Kings Trail | 3,043,511 | |||||||||||||||||||||||||||||
26.03 | JPMCB | Rolling Hills | 2,714,127 | |||||||||||||||||||||||||||||
26.04 | JPMCB | Bella Mar I & II | 2,064,142 | |||||||||||||||||||||||||||||
26.05 | JPMCB | Jacksonville Heights | 1,721,582 | |||||||||||||||||||||||||||||
26.06 | JPMCB | Del Rio | 1,379,022 | |||||||||||||||||||||||||||||
26.07 | JPMCB | Lago Bello | 1,097,948 | |||||||||||||||||||||||||||||
26.08 | JPMCB | Tanglewood | 1,018,895 | |||||||||||||||||||||||||||||
26.09 | JPMCB | Mount Dora | 1,018,895 | |||||||||||||||||||||||||||||
26.10 | JPMCB | North Washington | 1,115,515 | |||||||||||||||||||||||||||||
26.11 | JPMCB | Brandywyne | 632,418 | |||||||||||||||||||||||||||||
26.12 | JPMCB | Landings | 500,664 | |||||||||||||||||||||||||||||
26.13 | JPMCB | Country Place | 136,146 | |||||||||||||||||||||||||||||
27 | Barclays | St. John Knits Campus | 119 | 360 | 48 | 1 | 6 | 0 | 0 | 11/06/24 | No | 17,822,103 | 54.3% | L(25),Def(89),O(6) | ||||||||||||||||||
28 | Column | Westview Apartments | 117 | 360 | 24 | 3 | 6 | 0 | 0 | 09/06/24 | No | 16,849,451 | 64.4% | L(27),Def(89),O(4) | ||||||||||||||||||
29 | JPMCB | 1019 Market Street | 61 | 0 | 61 | 0 | 1 | 0 | 0 | 01/01/20 | Yes | 08/01/22 | 19,300,000 | 40.0% | L(26),Grtr1%orYM(32),O(3) | |||||||||||||||||
30 | Barclays | Fordham Road Business Park | 59 | 360 | 36 | 1 | 6 | 0 | 0 | 11/06/19 | No | 17,911,899 | 67.6% | Grtr1%orYM(47),O(13) | ||||||||||||||||||
31 | JPMCB | Renaissance Boca Raton | 120 | 360 | 24 | 0 | 1 | 0 | 0 | 12/01/24 | No | 15,802,986 | 50.8% | L(26),Grtr1%orYM(91),O(3) | ||||||||||||||||||
32 | RAIT | Broadway Marketplace - Parcel 2,3,4 | 59 | 359 | 0 | 1 | 1 | 5 | 5 | 11/01/19 | No | 15,283,737 | 64.8% | L(25),Def(31),O(4) | ||||||||||||||||||
33 | Barclays | Staybridge Suites Savannah Historic District | 59 | 360 | 24 | 1 | 6 | 0 | 0 | 11/06/19 | No | 14,152,798 | 59.5% | L(25),Def(32),O(3) | ||||||||||||||||||
34 | JPMCB | Metro Centre | 119 | 360 | 36 | 1 | 1 | 0 | 2 (one time per year) | 11/01/24 | No | 12,726,390 | 60.6% | L(25),Grtr1%orYM(92),O(3) | ||||||||||||||||||
35 | JPMCB | Hilton Garden Inn Tampa Riverview | 120 | 300 | 24 | 0 | 1 | 0 | 0 | 12/01/24 | No | 11,617,816 | 63.8% | L(25),Grtr1%orYM(93),O(2) | ||||||||||||||||||
36 | GECC | Whispering Palms MHC/RV | 116 | 356 | 0 | 4 | 1 | 5 | 5 | 08/01/24 | No | 11,276,935 | 57.5% | L(28),Def(89),O(3) | ||||||||||||||||||
37 | RCMC | Hilton Garden Inn Westampton | 120 | 300 | 0 | 0 | 5 | 0 | 0 | 12/05/24 | No | 10,178,570 | 50.9% | L(24),Def(92),O(4) | ||||||||||||||||||
38 | GECC | Riverstone - Deer Creek MHC | 118 | 358 | 0 | 2 | 1 | 5 | 5 | 10/01/24 | No | 11,074,623 | 56.4% | L(26),Def(91),O(3) | ||||||||||||||||||
39 | RCMC | Eastwood Village Shopping Center | 119 | 360 | 24 | 1 | 5 | 0 | 0 | 11/05/24 | No | 10,960,279 | 63.5% | L(25),Def(91),O(4) | ||||||||||||||||||
40 | JPMCB | Hilton Garden Inn Houston | 120 | 360 | 0 | 0 | 1 | 0 | 0 | 12/01/24 | No | 9,272,599 | 48.3% | L(25),Grtr1%orYM(92),O(3) | ||||||||||||||||||
41 | RCMC | Westview Business Park | 119 | 359 | 0 | 1 | 5 | 0 | 0 | 11/05/24 | No | 8,825,761 | 56.2% | L(25),Def(91),O(4) | ||||||||||||||||||
42 | RCMC | 10 New Road | 119 | 360 | 24 | 1 | 5 | 0 | 0 | 11/05/24 | No | 8,277,141 | 61.3% | L(25),Def(91),O(4) | ||||||||||||||||||
43 | GECC | Residence Inn - Dover | 120 | 360 | 0 | 0 | 1 | 5 | 5 | 12/01/24 | No | 7,883,302 | 60.6% | L(24),Def(93),O(3) | ||||||||||||||||||
44 | Barclays | 33 Boston Post Road | 119 | 360 | 60 | 1 | 6 | 0 | 0 | 11/06/24 | No | 8,225,376 | 65.8% | L(24),Grtr1%orYM(92),O(4) | ||||||||||||||||||
45 | RAIT | Hampshire Park Apartments | 119 | 360 | 36 | 1 | 1 | 5 | 5 | 11/01/24 | No | 7,969,561 | 68.0% | L(25),Def(91),O(4) | ||||||||||||||||||
46 | GECC | 100 Provena Way | 118 | 298 | 0 | 2 | 1 | 5 | 5 | 10/01/24 | Yes | 10/01/39 | 6,492,560 | 51.9% | L(26),Def(91),O(3) | |||||||||||||||||
47 | Column | Forest Cove | 118 | 360 | 12 | 2 | 6 | 0 | 0 | 10/06/24 | No | 6,994,891 | 48.2% | L(26),Def(91),O(3) | ||||||||||||||||||
48 | JPMCB | Guardian Self Storage | 120 | 360 | 12 | 0 | 1 | 0 | 0 | 12/01/24 | No | 6,781,534 | 52.6% | L(25),Grtr1%orYM(92),O(3) | ||||||||||||||||||
49 | JPMCB | Summer Chase | 119 | 0 | 120 | 1 | 1 | 0 | 0 | 11/01/24 | No | 7,760,000 | 69.6% | L(25),Grtr1%orYM(92),O(3) | ||||||||||||||||||
50 | Barclays | Walden Park Shopping Center | 120 | 360 | 60 | 0 | 6 | 0 | 0 | 12/06/24 | No | 6,844,875 | 57.5% | L(24),Def(91),O(5) | ||||||||||||||||||
51 | Column | Candlewood Suites Indianapolis Airport | 118 | 360 | 24 | 2 | 6 | 0 | 0 | 10/06/24 | No | 6,367,081 | 63.1% | L(26),Def(90),O(4) | ||||||||||||||||||
52 | RAIT | Lyncourt Apartments | 120 | 360 | 36 | 0 | 1 | 5 | 5 | 12/01/24 | No | 6,387,934 | 63.9% | L(24),Def(92),O(4) | ||||||||||||||||||
53 | RCMC | Mill Creek Crossing | 120 | 360 | 24 | 0 | 5 | 0 | 0 | 12/05/24 | No | 5,937,387 | 60.9% | L(24),Def(92),O(4) | ||||||||||||||||||
54 | RAIT | Cypress Pointe | 120 | 360 | 36 | 0 | 1 | 5 | 5 | 12/01/24 | No | 5,776,728 | 59.6% | L(24),Def(92),O(4) | ||||||||||||||||||
55 | RCMC | American Water Works | 60 | 360 | 0 | 0 | 5 | 0 | 0 | 12/05/19 | No | 5,769,609 | 68.4% | L(24),Def(32),O(4) | ||||||||||||||||||
56 | JPMCB | Gander Mountain | 119 | 0 | 120 | 1 | 1 | 5 | 5 | 11/01/24 | No | 6,228,750 | 56.9% | L(25),Grtr1%orYM(92),O(3) |
A-1-7
ANNEX A-1 | ||||||||||||||||||||||||||||||||
Rem. | Rem. | Payment | Grace Period | Grace Period | Final | Maturity/ARD | Maturity | Prepayment | ||||||||||||||||||||||||
Loan # | Seller(1) | Property Name | Term | Amort | I/O Period | Seasoning | Due Date | (Late Payment) | (Default) | Maturity Date(11) | ARD Loan(11) | Mat Date(11) | Balance ($)(5) | LTV %(4) | Provision (Payments)(12) | |||||||||||||||||
57 | GECC | 153-157 West Ohio St | 120 | 360 | 0 | 0 | 1 | 5 | 5 | 12/01/24 | No | 4,901,746 | 59.8% | L(24),Def(93),O(3) | ||||||||||||||||||
58 | JPMCB | 3445 North Causeway | 60 | 0 | 60 | 0 | 1 | 0 | 0 | 12/01/19 | No | 5,700,000 | 55.9% | L(25),Grtr1%orYM(31),O(4) | ||||||||||||||||||
59 | Barclays | Rockaway Shopping Center | 120 | 300 | 0 | 0 | 6 | 0 | 0 | 12/06/24 | No | 3,835,404 | 45.4% | L(24),Def(92),O(4) | ||||||||||||||||||
60 | RCMC | 701 Martinsville | 118 | 298 | 0 | 2 | 5 | 0 | 0 | 10/05/24 | No | 3,687,954 | 47.3% | L(26),Def(90),O(4) | ||||||||||||||||||
61 | RAIT | ATR Transmissions | 116 | 356 | 0 | 4 | 1 | 0 | 5 | 08/01/24 | No | 3,380,629 | 56.3% | L(28),Def(88),O(4) | ||||||||||||||||||
62 | Column | Northridge Plaza | 118 | 358 | 0 | 2 | 6 | 0 | 0 | 10/06/24 | No | 3,243,515 | 55.4% | L(26),Def(87),O(7) | ||||||||||||||||||
63 | Column | Copper Creek Apartments | 118 | 360 | 24 | 2 | 6 | 0 | 0 | 10/06/24 | No | 3,245,381 | 65.7% | L(26),Grtr1%orYM(90),O(4) | ||||||||||||||||||
64 | RAIT | Cottages at Hooper Hill | 120 | 360 | 0 | 0 | 1 | 15 | 5 | 12/01/24 | No | 2,740,849 | 58.3% | L(24),Def(92),O(4) | ||||||||||||||||||
65 | RAIT | Tractor Supply - Flagstaff | 119 | 359 | 0 | 1 | 1 | 5 | 5 | 11/01/24 | No | 2,529,409 | 52.7% | L(25),Def(91),O(4) | ||||||||||||||||||
66 | GECC | Colonial Manor MHC | 117 | 360 | 24 | 3 | 1 | 5 | 5 | 09/01/24 | No | 2,368,374 | 63.2% | L(27),Def(90),O(3) | ||||||||||||||||||
67 | Column | Mobile Gardens MHC | 117 | 357 | 0 | 3 | 6 | 0 | 0 | 09/06/24 | No | 2,165,626 | 58.5% | L(27),Def(90),O(3) | ||||||||||||||||||
68 | GECC | Lakeshore - Summit Village/Blue Coral MHC Portfolio | 119 | 359 | 0 | 1 | 1 | 5 | 5 | 11/01/24 | No | 2,052,108 | 57.0% | L(25),Def(92),O(3) | ||||||||||||||||||
69 | Column | Harvard Court Townhouses | 115 | 360 | 12 | 5 | 6 | 0 | 0 | 07/06/24 | No | 1,741,399 | 56.2% | L(29),Grtr1%orYM(87),O(4) |
A-1-8
ANNEX A-1 | |||||||||||||||||||||||||||||||
HISTORICAL FINANCIALS(13) | |||||||||||||||||||||||||||||||
2011 | 2011 | 2011 | 2012 | 2012 | 2012 | 2013 | 2013 | 2013 | Most Recent | Most Recent | Most Recent | ||||||||||||||||||||
Loan # | Seller(1) | Property Name | Revenues ($) | Total Expenses ($) | NOI ($) | Revenues ($) | Total Expenses ($) | NOI ($) | Revenues ($) | Total Expenses ($) | NOI ($) | Revenues ($) | Total Expenses ($) | NOI ($) | As of | ||||||||||||||||
1 | Column | 500 Fifth Avenue | 37,929,122 | 16,545,496 | 21,383,626 | 38,676,676 | 17,661,985 | 21,014,691 | 38,129,508 | 18,667,607 | 19,461,901 | 37,579,836 | 18,771,752 | 18,808,084 | 07/31/14 | ||||||||||||||||
2 | JPMCB | 1515 Market | 12,020,806 | 5,947,512 | 6,073,294 | 10,508,177 | 5,701,084 | 4,807,093 | 9,609,604 | 5,519,383 | 4,090,220 | 10,441,545 | 5,562,663 | 4,878,882 | 10/31/14 | ||||||||||||||||
3 | JPMCB | Wells Fargo Center Tampa | 6,154,791 | 3,398,422 | 2,756,369 | 5,956,827 | 3,615,108 | 2,341,719 | 6,623,829 | 3,705,127 | 2,918,702 | 7,002,682 | 3,826,138 | 3,176,544 | 09/30/14 | ||||||||||||||||
4 | JPMCB | Heron Lakes | 7,031,517 | 2,524,825 | 4,506,692 | 7,260,348 | 2,699,504 | 4,560,844 | 7,284,620 | 2,777,656 | 4,506,964 | 7,713,318 | 3,008,652 | 4,704,666 | 09/30/14 | ||||||||||||||||
5 | JPMCB | Shaner Hotels Limited Service Portfolio | 16,825,553 | 13,657,403 | 3,168,150 | 18,456,176 | 14,340,041 | 4,116,135 | 18,973,831 | 14,300,185 | 4,673,646 | 20,021,078 | 14,678,222 | 5,342,856 | 08/31/14 | ||||||||||||||||
5.01 | JPMCB | Holiday Inn Express - Charleston | 4,232,597 | 3,301,788 | 930,809 | 4,444,710 | 3,569,264 | 875,446 | 4,379,697 | 3,483,569 | 896,128 | 4,389,764 | 3,534,039 | 855,725 | 08/31/14 | ||||||||||||||||
5.02 | JPMCB | Courtyard - Mechanicsburg | 2,873,706 | 2,239,448 | 634,258 | 3,067,684 | 2,238,083 | 829,601 | 3,119,003 | 2,316,776 | 802,227 | 3,160,095 | 2,211,272 | 948,823 | 08/31/14 | ||||||||||||||||
5.03 | JPMCB | Courtyard - St. Augustine | 2,159,520 | 1,941,972 | 217,548 | 2,556,182 | 2,052,289 | 503,893 | 2,760,977 | 2,045,014 | 715,963 | 3,020,902 | 2,115,840 | 905,062 | 08/31/14 | ||||||||||||||||
5.04 | JPMCB | Fairfield Inn & Suites - Augusta | 2,199,943 | 1,335,229 | 864,714 | 2,256,928 | 1,458,855 | 798,073 | 2,294,145 | 1,484,670 | 809,475 | 2,377,027 | 1,539,871 | 837,156 | 08/31/14 | ||||||||||||||||
5.05 | JPMCB | Courtyard - Jacksonville - I295 East | 2,129,482 | 1,777,770 | 351,712 | 2,402,733 | 1,920,228 | 482,505 | 2,313,979 | 1,824,881 | 489,098 | 2,593,854 | 1,966,411 | 627,443 | 08/31/14 | ||||||||||||||||
5.06 | JPMCB | Fairfield Inn & Suites - Lakeland | 1,685,165 | 1,529,299 | 155,866 | 1,954,343 | 1,630,304 | 324,039 | 2,057,419 | 1,592,864 | 464,555 | 2,244,488 | 1,648,091 | 596,397 | 08/31/14 | ||||||||||||||||
5.07 | JPMCB | Fairfield Inn & Suites - St. Augustine | 1,545,140 | 1,531,897 | 13,243 | 1,773,596 | 1,471,019 | 302,577 | 2,048,611 | 1,552,411 | 496,200 | 2,234,948 | 1,662,698 | 572,250 | 08/31/14 | ||||||||||||||||
6 | Column | St. Louis Premium Outlets | 15,516,744 | 6,597,139 | 8,919,605 | 06/30/14 | |||||||||||||||||||||||||
7 | GECC | Centergy One | 7,623,043 | 2,713,339 | 4,909,704 | 6,809,767 | 2,965,067 | 3,844,700 | 6,867,037 | 2,971,958 | 3,895,078 | 7,190,718 | 2,947,746 | 4,242,972 | 09/30/14 | ||||||||||||||||
8 | JPMCB | The Outlet Shoppes of the Bluegrass | |||||||||||||||||||||||||||||
9 | Barclays | United Healthcare Office | 5,817,297 | 127,330 | 5,689,966 | 5,857,563 | 118,826 | 5,738,737 | 06/30/14 | ||||||||||||||||||||||
10 | JPMCB | 117 Kendrick Street | 2,042,874 | 2,019,629 | 23,245 | 3,535,293 | 1,691,690 | 1,843,603 | 4,303,885 | 1,659,593 | 2,644,292 | 4,493,461 | 1,901,851 | 2,591,611 | 10/31/14 | ||||||||||||||||
11 | Column | The View & Legends | 4,546,082 | 2,767,411 | 1,778,671 | 5,494,597 | 2,930,659 | 2,563,938 | 07/31/14 | ||||||||||||||||||||||
11.01 | Column | View at Kessler Park | 2,398,563 | 1,594,685 | 803,878 | 3,048,673 | 1,717,758 | 1,330,915 | 07/31/14 | ||||||||||||||||||||||
11.02 | Column | Legends on Lake Highlands | 2,147,519 | 1,172,726 | 974,793 | 2,445,924 | 1,212,901 | 1,233,023 | 07/31/14 | ||||||||||||||||||||||
12 | RCMC | Arbor Gate | 3,731,983 | 1,636,568 | 2,095,415 | 4,491,841 | 1,691,924 | 2,799,918 | 4,653,313 | 1,719,350 | 2,933,963 | 4,865,629 | 1,817,138 | 3,048,491 | 08/31/14 | ||||||||||||||||
13 | Column | Threshold Multifamily Portfolio II | 4,156,903 | 2,128,331 | 2,028,572 | 4,463,359 | 2,029,865 | 2,433,494 | 4,725,601 | 2,093,666 | 2,631,935 | 5,005,363 | 2,083,914 | 2,921,449 | 08/31/14 | ||||||||||||||||
13.01 | Column | Gable Oaks | 1,609,469 | 900,829 | 708,640 | 1,676,896 | 876,937 | 799,959 | 1,809,568 | 870,819 | 938,749 | 1,979,437 | 861,927 | 1,117,510 | 08/31/14 | ||||||||||||||||
13.02 | Column | Sharon Pointe | 1,239,122 | 653,175 | 585,947 | 1,416,728 | 583,525 | 833,203 | 1,512,195 | 648,998 | 863,197 | 1,587,678 | 643,309 | 944,369 | 08/31/14 | ||||||||||||||||
13.03 | Column | Woodbrook | 1,308,312 | 574,327 | 733,985 | 1,369,735 | 569,403 | 800,332 | 1,403,838 | 573,849 | 829,989 | 1,438,248 | 578,678 | 859,570 | 08/31/14 | ||||||||||||||||
14 | JPMCB | Columbia Centre I & II | 4,622,134 | 3,337,484 | 1,284,650 | 5,625,034 | 3,652,214 | 1,972,820 | 6,090,313 | 3,807,739 | 2,282,574 | 07/31/14 | |||||||||||||||||||
15 | Barclays | Holiday Inn & Suites Across from Universal Studios | 6,489,439 | 4,169,214 | 2,320,225 | 9,329,631 | 5,727,476 | 3,602,155 | 10,383,357 | 6,269,650 | 4,113,707 | 11,405,801 | 7,305,041 | 4,100,760 | 09/30/14 | ||||||||||||||||
16 | Barclays | Belford Towers Apartments | 6,657,432 | 3,489,637 | 3,167,795 | 6,809,316 | 3,451,843 | 3,357,473 | 7,180,525 | 3,351,521 | 3,829,004 | 7,385,457 | 3,523,352 | 3,862,105 | 08/31/14 | ||||||||||||||||
17 | JPMCB | Hyatt Regency Lexington | 16,562,259 | 13,282,054 | 3,280,205 | 16,422,944 | 13,512,530 | 2,910,414 | 17,331,484 | 13,994,460 | 3,337,024 | 17,954,271 | 14,343,958 | 3,610,313 | 09/30/14 | ||||||||||||||||
18 | Column | Threshold Multifamily Portfolio III | 4,187,172 | 2,110,533 | 2,076,639 | 4,367,942 | 2,021,109 | 2,346,833 | 4,470,454 | 2,072,238 | 2,398,216 | 7,098,997 | 3,182,286 | 3,916,711 | 08/31/14 | ||||||||||||||||
18.01 | Column | Huntersville Apartments | 1,220,207 | 556,966 | 663,241 | 1,308,053 | 558,660 | 749,393 | 1,340,741 | 541,318 | 799,423 | 2,129,996 | 817,392 | 1,312,604 | 08/31/14 | ||||||||||||||||
18.02 | Column | Wexford Apartments | 992,476 | 519,907 | 472,569 | 1,041,131 | 498,250 | 542,881 | 1,054,283 | 489,614 | 564,669 | 1,689,134 | 821,259 | 867,875 | 08/31/14 | ||||||||||||||||
18.03 | Column | Davidson Apartments | 987,038 | 540,612 | 446,426 | 1,003,446 | 505,536 | 497,910 | 1,068,301 | 542,210 | 526,091 | 1,729,274 | 775,231 | 954,043 | 08/31/14 | ||||||||||||||||
18.04 | Column | Marion Ridge Apartments | 987,451 | 493,048 | 494,403 | 1,015,312 | 458,663 | 556,649 | 1,007,129 | 499,096 | 508,033 | 1,550,594 | 768,404 | 782,190 | 08/31/14 | ||||||||||||||||
19 | Barclays | West Shore Plaza Shopping Center | 4,067,815 | 1,165,103 | 2,902,712 | 4,065,570 | 1,185,147 | 2,880,424 | 4,053,018 | 1,176,810 | 2,876,208 | 4,233,282 | 1,208,297 | 3,024,985 | 09/30/14 | ||||||||||||||||
20 | RCMC | 543 Howard | 2,208,181 | 738,251 | 1,469,930 | 2,344,555 | 754,411 | 1,590,144 | 2,108,723 | 758,162 | 1,350,561 | 06/30/14 | |||||||||||||||||||
21 | Barclays | International Corporate Center | 5,057,775 | 1,890,058 | 3,167,716 | 4,006,198 | 1,833,340 | 2,172,858 | 4,607,475 | 1,925,273 | 2,682,202 | 4,901,444 | 1,996,435 | 2,905,008 | 09/30/14 | ||||||||||||||||
22 | JPMCB | Marriott Fort Lauderdale | 12,589,230 | 10,322,414 | 2,266,816 | 12,788,731 | 10,182,229 | 2,606,502 | 12,830,900 | 10,244,494 | 2,586,406 | 13,116,999 | 10,490,759 | 2,626,240 | 09/30/14 | ||||||||||||||||
23 | Barclays | Dedham Place | 3,912,546 | 1,566,044 | 2,346,502 | 4,095,304 | 1,642,749 | 2,452,555 | 3,839,457 | 1,659,006 | 2,180,451 | ||||||||||||||||||||
24 | RCMC | Eagle View Apartments | 1,303,127 | 319,975 | 983,152 | 08/31/14 | |||||||||||||||||||||||||
25 | RAIT | Newington Commons | 3,405,106 | 1,149,264 | 2,255,842 | 3,369,278 | 1,130,139 | 2,239,139 | 3,363,522 | 1,301,980 | 2,061,542 | 3,662,850 | 1,346,646 | 2,316,204 | 07/31/14 | ||||||||||||||||
26 | JPMCB | Florida Multifamily Portfolio | 14,745,361 | 8,153,513 | 6,591,848 | Various | |||||||||||||||||||||||||
26.01 | JPMCB | Lakeland Manor | 2,212,681 | 1,316,223 | 896,458 | 07/31/14 | |||||||||||||||||||||||||
26.02 | JPMCB | Kings Trail | 2,169,834 | 1,159,830 | 1,010,004 | 07/31/14 | |||||||||||||||||||||||||
26.03 | JPMCB | Rolling Hills | 1,870,065 | 993,195 | 876,870 | 07/31/14 | |||||||||||||||||||||||||
26.04 | JPMCB | Bella Mar I & II | 1,750,018 | 1,035,259 | 714,760 | 07/31/14 | |||||||||||||||||||||||||
26.05 | JPMCB | Jacksonville Heights | 1,220,188 | 671,139 | 549,049 | 07/31/14 | |||||||||||||||||||||||||
26.06 | JPMCB | Del Rio | 1,179,431 | 806,756 | 372,674 | 07/31/14 | |||||||||||||||||||||||||
26.07 | JPMCB | Lago Bello | 846,430 | 532,233 | 314,197 | 07/31/14 | |||||||||||||||||||||||||
26.08 | JPMCB | Tanglewood | 825,716 | 434,057 | 391,659 | 08/31/14 | |||||||||||||||||||||||||
26.09 | JPMCB | Mount Dora | 825,032 | 355,111 | 469,921 | 08/31/14 | |||||||||||||||||||||||||
26.10 | JPMCB | North Washington | 788,370 | 353,712 | 434,657 | 07/31/14 | |||||||||||||||||||||||||
26.11 | JPMCB | Brandywyne | 532,799 | 259,623 | 273,176 | 08/31/14 | |||||||||||||||||||||||||
26.12 | JPMCB | Landings | 400,450 | 192,878 | 207,572 | 07/31/14 | |||||||||||||||||||||||||
26.13 | JPMCB | Country Place | 124,349 | 43,496 | 80,853 | 07/31/14 | |||||||||||||||||||||||||
27 | Barclays | St. John Knits Campus | 2,125,575 | 9,461 | 2,116,114 | 2,128,082 | 9,881 | 2,118,201 | 2,138,764 | 12,497 | 2,126,267 | 2,138,763 | 7,143 | 2,131,620 | 07/31/14 | ||||||||||||||||
28 | Column | Westview Apartments | 2,728,517 | 1,457,237 | 1,271,280 | 2,728,093 | 1,261,101 | 1,466,992 | 2,932,806 | 1,464,170 | 1,468,636 | 3,086,678 | 1,539,444 | 1,547,234 | 05/31/14 | ||||||||||||||||
29 | JPMCB | 1019 Market Street | |||||||||||||||||||||||||||||
30 | Barclays | Fordham Road Business Park | 2,888,022 | 1,260,041 | 1,627,982 | 3,075,203 | 1,272,847 | 1,802,356 | 2,953,822 | 1,164,269 | 1,789,553 | 3,089,066 | 1,231,879 | 1,857,188 | 06/30/14 | ||||||||||||||||
31 | JPMCB | Renaissance Boca Raton | 8,714,630 | 7,102,581 | 1,612,049 | 8,831,497 | 7,118,578 | 1,712,919 | 8,535,229 | 7,054,538 | 1,480,691 | 9,411,689 | 7,454,379 | 1,957,310 | 09/30/14 | ||||||||||||||||
32 | RAIT | Broadway Marketplace - Parcel 2,3,4 | 2,099,802 | 633,779 | 1,466,023 | 2,090,354 | 625,989 | 1,464,365 | 2,139,525 | 612,665 | 1,526,860 | 06/30/14 | |||||||||||||||||||
33 | Barclays | Staybridge Suites Savannah Historic District | 3,344,722 | 2,328,473 | 1,016,249 | 3,642,577 | 2,465,098 | 1,177,479 | 3,994,171 | 2,528,609 | 1,465,562 | 4,352,939 | 2,716,258 | 1,636,681 | 10/31/14 | ||||||||||||||||
34 | JPMCB | Metro Centre | 2,524,959 | 828,062 | 1,696,897 | 2,505,332 | 703,393 | 1,801,939 | 2,546,801 | 747,928 | 1,798,873 | 2,649,009 | 816,598 | 1,832,410 | 07/31/14 | ||||||||||||||||
35 | JPMCB | Hilton Garden Inn Tampa Riverview | 3,643,217 | 2,670,310 | 972,907 | 4,122,492 | 2,903,300 | 1,219,192 | 4,234,345 | 3,012,882 | 1,221,463 | 4,577,335 | 3,148,380 | 1,428,955 | 09/30/14 | ||||||||||||||||
36 | GECC | Whispering Palms MHC/RV | 1,861,312 | 777,291 | 1,084,021 | 1,938,023 | 768,962 | 1,169,062 | 2,030,557 | 788,601 | 1,241,955 | 2,070,563 | 764,033 | 1,306,530 | 08/31/14 | ||||||||||||||||
37 | RCMC | Hilton Garden Inn Westampton | 5,743,484 | 4,079,030 | 1,664,454 | 5,814,601 | 4,278,104 | 1,536,497 | 6,010,121 | 4,503,374 | 1,506,747 | 08/31/14 | |||||||||||||||||||
38 | GECC | Riverstone - Deer Creek MHC | 2,173,966 | 1,088,492 | 1,085,474 | 2,278,868 | 1,106,429 | 1,172,438 | 2,513,812 | 1,143,678 | 1,370,134 | 09/30/14 | |||||||||||||||||||
39 | RCMC | Eastwood Village Shopping Center | 1,903,168 | 418,631 | 1,484,538 | 2,125,606 | 415,649 | 1,709,957 | 2,063,326 | 393,638 | 1,669,688 | 06/30/14 | |||||||||||||||||||
40 | JPMCB | Hilton Garden Inn Houston | 3,042,587 | 2,471,258 | 571,329 | 3,112,542 | 2,207,795 | 904,746 | 3,671,429 | 2,580,244 | 1,091,185 | 4,049,337 | 2,783,982 | 1,265,354 | 09/30/14 | ||||||||||||||||
41 | RCMC | Westview Business Park | 461,886 | 260,984 | 200,902 | 452,728 | 231,551 | 221,177 | 848,958 | 254,675 | 594,283 | 998,243 | 289,703 | 708,540 | 09/10/14 | ||||||||||||||||
42 | RCMC | 10 New Road | 1,424,345 | 957,340 | 467,005 | 1,840,096 | 979,969 | 860,127 | 08/31/14 | ||||||||||||||||||||||
43 | GECC | Residence Inn - Dover | 3,113,920 | 1,830,892 | 1,283,028 | 3,261,128 | 1,730,756 | 1,530,372 | 3,196,928 | 1,733,333 | 1,463,595 | 3,326,113 | 1,752,196 | 1,573,917 | 08/31/14 | ||||||||||||||||
44 | Barclays | 33 Boston Post Road | 1,239,579 | 630,630 | 608,949 | 1,594,622 | 711,773 | 882,849 | 1,724,117 | 716,102 | 1,008,015 | 08/28/14 | |||||||||||||||||||
45 | RAIT | Hampshire Park Apartments | 1,743,774 | 1,014,175 | 729,599 | 1,804,210 | 983,754 | 820,456 | 1,799,678 | 1,017,394 | 782,284 | 1,822,528 | 1,066,234 | 756,294 | 07/31/14 | ||||||||||||||||
46 | GECC | 100 Provena Way | 981,830 | 217,593 | 764,237 | 975,240 | 224,423 | 750,817 | 1,020,874 | 216,213 | 804,661 | 1,022,469 | 212,196 | 810,273 | 07/31/14 | ||||||||||||||||
47 | Column | Forest Cove | 1,377,501 | 1,108,712 | 268,789 | 1,257,183 | 508,947 | 748,236 | 1,448,747 | 511,846 | 936,901 | 1,592,574 | 618,951 | 973,623 | 06/30/14 | ||||||||||||||||
48 | JPMCB | Guardian Self Storage | 438,609 | 297,109 | 141,500 | 936,917 | 411,286 | 525,631 | 09/30/14 | ||||||||||||||||||||||
49 | JPMCB | Summer Chase | 1,268,642 | 487,188 | 781,454 | 1,311,916 | 494,741 | 817,175 | 1,414,689 | 507,620 | 907,069 | 08/31/14 | |||||||||||||||||||
50 | Barclays | Walden Park Shopping Center | 917,093 | 303,510 | 613,583 | 841,311 | 360,509 | 480,802 | 09/30/14 | ||||||||||||||||||||||
51 | Column | Candlewood Suites Indianapolis Airport | 2,281,899 | 1,711,412 | 570,487 | 2,434,941 | 1,721,211 | 713,730 | 2,429,681 | 1,651,983 | 777,698 | 2,526,962 | 1,684,258 | 842,704 | 07/31/14 | ||||||||||||||||
52 | RAIT | Lyncourt Apartments | |||||||||||||||||||||||||||||
53 | RCMC | Mill Creek Crossing | 674,458 | 113,094 | 561,364 | 701,652 | 94,653 | 606,999 | 694,143 | 116,321 | 577,822 | 07/31/14 | |||||||||||||||||||
54 | RAIT | Cypress Pointe | 752,139 | 306,853 | 445,286 | 746,607 | 220,952 | 525,655 | 768,533 | 236,508 | 532,025 | 08/31/14 | |||||||||||||||||||
55 | RCMC | American Water Works | 1,002,787 | 176,159 | 826,628 | 989,092 | 143,100 | 845,992 | 938,318 | 131,557 | 806,761 | ||||||||||||||||||||
56 | JPMCB | Gander Mountain | 837,496 | 144,556 | 692,939 | 822,580 | 130,237 | 692,342 | 893,849 | 136,112 | 757,737 |
A-1-9
ANNEX A-1 | |||||||||||||||||||||||||||||||
HISTORICAL FINANCIALS(13) | |||||||||||||||||||||||||||||||
2011 | 2011 | 2011 | 2012 | 2012 | 2012 | 2013 | 2013 | 2013 | Most Recent | Most Recent | Most Recent | ||||||||||||||||||||
Loan # | Seller(1) | Property Name | Revenues ($) | Total Expenses ($) | NOI ($) | Revenues ($) | Total Expenses ($) | NOI ($) | Revenues ($) | Total Expenses ($) | NOI ($) | Revenues ($) | Total Expenses ($) | NOI ($) | As of | ||||||||||||||||
57 | GECC | 153-157 West Ohio St | 921,123 | 346,753 | 574,370 | 987,421 | 388,348 | 599,073 | 1,017,708 | 408,096 | 609,611 | 09/30/14 | |||||||||||||||||||
58 | JPMCB | 3445 North Causeway | 1,652,958 | 1,161,246 | 491,712 | 1,852,779 | 1,119,400 | 733,379 | 1,824,119 | 1,250,629 | 573,490 | ||||||||||||||||||||
59 | Barclays | Rockaway Shopping Center | 555,705 | 97,032 | 458,673 | 597,964 | 96,120 | 501,844 | |||||||||||||||||||||||
60 | RCMC | 701 Martinsville | 660,000 | 323,746 | 336,254 | 660,000 | 265,411 | 394,589 | 660,000 | 79,863 | 580,137 | 660,000 | 0 | 660,000 | 09/01/14 | ||||||||||||||||
61 | RAIT | ATR Transmissions | 450,130 | 169,760 | 280,370 | 420,000 | 148,255 | 271,745 | 480,000 | 176,004 | 303,996 | 480,000 | 176,004 | 303,996 | 05/31/14 | ||||||||||||||||
62 | Column | Northridge Plaza | 546,193 | 127,396 | 418,797 | 568,945 | 137,343 | 431,602 | 566,729 | 135,792 | 430,937 | 569,458 | 136,325 | 433,133 | 06/30/14 | ||||||||||||||||
63 | Column | Copper Creek Apartments | 881,947 | 553,222 | 328,725 | 879,215 | 543,878 | 335,337 | 871,823 | 488,910 | 382,913 | 868,842 | 490,697 | 378,145 | 07/31/14 | ||||||||||||||||
64 | RAIT | Cottages at Hooper Hill | |||||||||||||||||||||||||||||
65 | RAIT | Tractor Supply - Flagstaff | |||||||||||||||||||||||||||||
66 | GECC | Colonial Manor MHC | 413,081 | 196,191 | 216,890 | 411,269 | 231,774 | 179,495 | 426,136 | 213,877 | 212,259 | 431,877 | 214,477 | 217,400 | 09/30/14 | ||||||||||||||||
67 | Column | Mobile Gardens MHC | 519,919 | 270,349 | 249,570 | 496,750 | 250,444 | 246,306 | 528,397 | 251,621 | 276,776 | 06/30/14 | |||||||||||||||||||
68 | GECC | Lakeshore - Summit Village/Blue Coral MHC Portfolio | 544,237 | 304,612 | 239,625 | 539,301 | 337,802 | 201,499 | 529,141 | 341,178 | 187,963 | 09/30/14 | |||||||||||||||||||
69 | Column | Harvard Court Townhouses | 346,751 | 183,054 | 163,697 | 361,682 | 170,137 | 191,545 | 367,767 | 157,028 | 210,739 | 362,333 | 160,258 | 202,075 | 04/30/14 |
A-1-10
ANNEX A-1 | |||||||||||||||||||||||||||||
UW | |||||||||||||||||||||||||||||
Economic | UW | UW Total | UW | UW Capital | UW | UW | UW NCF | UW NOI | UW NCF | Ground Lease | |||||||||||||||||||
Loan # | Seller(1) | Property Name | Occupancy % | Revenues ($)(3) | Expenses ($) | NOI ($)(3)(14) | Items ($) | NCF ($)(3)(14) | NOI DSCR(15) | DSCR(15) | Debt Yield % | Debt Yield % | Title Type(16) | Expiration | |||||||||||||||
1 | Column | 500 Fifth Avenue | 92.5% | 48,087,824 | 20,697,525 | 27,390,298 | 2,956,988 | 24,433,310 | 3.77 | 3.37 | 13.7% | 12.2% | Fee | ||||||||||||||||
2 | JPMCB | 1515 Market | 89.3% | 12,069,378 | 5,487,872 | 6,581,505 | 907,972 | 5,673,534 | 1.74 | 1.50 | 10.3% | 8.9% | Fee | ||||||||||||||||
3 | JPMCB | Wells Fargo Center Tampa | 91.4% | 9,349,535 | 3,965,225 | 5,384,310 | 425,981 | 4,958,329 | 1.44 | 1.33 | 9.0% | 8.3% | Fee | ||||||||||||||||
4 | JPMCB | Heron Lakes | 95.0% | 7,968,098 | 3,137,765 | 4,830,334 | 542,039 | 4,288,295 | 1.53 | 1.36 | 9.3% | 8.2% | Fee | ||||||||||||||||
5 | JPMCB | Shaner Hotels Limited Service Portfolio | 73.4% | 20,021,078 | 14,708,924 | 5,312,154 | 0 | 5,312,154 | 1.75 | 1.75 | 10.7% | 10.7% | Fee/Leasehold | ||||||||||||||||
5.01 | JPMCB | Holiday Inn Express - Charleston | 68.6% | 4,389,764 | 3,519,852 | 869,912 | 0 | 869,912 | Leasehold | Hotel: 8/31/2023; Parking Lot: 8/31/2023 | |||||||||||||||||||
5.02 | JPMCB | Courtyard - Mechanicsburg | 75.8% | 3,160,095 | 2,217,510 | 942,585 | 0 | 942,585 | Fee | ||||||||||||||||||||
5.03 | JPMCB | Courtyard - St. Augustine | 76.5% | 3,020,902 | 2,119,873 | 901,029 | 0 | 901,029 | Fee | ||||||||||||||||||||
5.04 | JPMCB | Fairfield Inn & Suites - Augusta | 72.3% | 2,377,027 | 1,542,376 | 834,651 | 0 | 834,651 | Fee | ||||||||||||||||||||
5.05 | JPMCB | Courtyard - Jacksonville - I295 East | 74.0% | 2,593,854 | 1,998,136 | 595,718 | 0 | 595,718 | Fee | ||||||||||||||||||||
5.06 | JPMCB | Fairfield Inn & Suites - Lakeland | 72.1% | 2,244,488 | 1,645,100 | 599,388 | 0 | 599,388 | Fee | ||||||||||||||||||||
5.07 | JPMCB | Fairfield Inn & Suites - St. Augustine | 80.0% | 2,234,948 | 1,666,077 | 568,871 | 0 | 568,871 | Fee | ||||||||||||||||||||
6 | Column | St. Louis Premium Outlets | 95.0% | 14,361,102 | 6,213,688 | 8,147,414 | 421,754 | 7,725,659 | 1.49 | 1.41 | 8.6% | 8.1% | Fee | ||||||||||||||||
7 | GECC | Centergy One | 96.2% | 6,943,759 | 2,883,369 | 4,060,390 | 418,168 | 3,642,223 | 1.44 | 1.29 | 8.9% | 8.0% | Fee | ||||||||||||||||
8 | JPMCB | The Outlet Shoppes of the Bluegrass | 97.5% | 12,708,777 | 3,976,907 | 8,731,870 | 562,437 | 8,169,433 | 1.96 | 1.83 | 11.3% | 10.5% | Fee | ||||||||||||||||
9 | Barclays | United Healthcare Office | 100.0% | 4,209,843 | 84,197 | 4,125,646 | 36,742 | 4,088,904 | 2.04 | 2.02 | 9.8% | 9.7% | Fee | ||||||||||||||||
10 | JPMCB | 117 Kendrick Street | 94.1% | 5,493,570 | 2,037,084 | 3,456,486 | 329,911 | 3,126,575 | 1.47 | 1.33 | 8.7% | 7.9% | Fee | ||||||||||||||||
11 | Column | The View & Legends | 88.8% | 6,135,171 | 2,805,343 | 3,329,828 | 165,245 | 3,164,583 | 1.32 | 1.25 | 8.7% | 8.3% | Fee | ||||||||||||||||
11.01 | Column | View at Kessler Park | 88.5% | 3,375,430 | 1,516,302 | 1,859,128 | 76,245 | 1,782,883 | Fee | ||||||||||||||||||||
11.02 | Column | Legends on Lake Highlands | 89.2% | 2,759,741 | 1,289,041 | 1,470,700 | 89,000 | 1,381,700 | Fee | ||||||||||||||||||||
12 | RCMC | Arbor Gate | 95.0% | 5,232,445 | 1,838,775 | 3,393,669 | 259,934 | 3,133,735 | 1.44 | 1.33 | 8.9% | 8.2% | Fee | ||||||||||||||||
13 | Column | Threshold Multifamily Portfolio II | 93.1% | 5,138,581 | 2,103,609 | 3,034,971 | 152,500 | 2,882,471 | 1.26 | 1.19 | 8.0% | 7.6% | Fee | ||||||||||||||||
13.01 | Column | Gable Oaks | 94.0% | 2,042,993 | 871,163 | 1,171,830 | 63,000 | 1,108,830 | Fee | ||||||||||||||||||||
13.02 | Column | Sharon Pointe | 92.0% | 1,643,999 | 644,702 | 999,297 | 47,500 | 951,797 | Fee | ||||||||||||||||||||
13.03 | Column | Woodbrook | 93.1% | 1,451,589 | 587,744 | 863,844 | 42,000 | 821,844 | Fee | ||||||||||||||||||||
14 | JPMCB | Columbia Centre I & II | 87.5% | 7,827,712 | 3,956,005 | 3,871,707 | 581,151 | 3,290,555 | 1.77 | 1.50 | 10.4% | 8.8% | Fee/Leasehold | 09/12/16 | |||||||||||||||
15 | Barclays | Holiday Inn & Suites Across from Universal Studios | 86.0% | 11,405,801 | 7,302,653 | 4,103,148 | 0 | 4,103,148 | 1.90 | 1.90 | 11.4% | 11.4% | Fee | ||||||||||||||||
16 | Barclays | Belford Towers Apartments | 93.6% | 7,335,242 | 3,454,932 | 3,880,310 | 117,000 | 3,763,310 | 1.84 | 1.79 | 11.1% | 10.8% | Fee | ||||||||||||||||
17 | JPMCB | Hyatt Regency Lexington | 64.7% | 17,704,935 | 14,201,441 | 3,503,495 | 0 | 3,503,495 | 1.56 | 1.56 | 10.3% | 10.3% | Leasehold | 04/30/17 | |||||||||||||||
18 | Column | Threshold Multifamily Portfolio III | 92.4% | 4,740,615 | 2,093,660 | 2,646,955 | 155,000 | 2,491,955 | 1.26 | 1.19 | 8.0% | 7.5% | Fee | ||||||||||||||||
18.01 | Column | Huntersville Apartments | 95.0% | 1,423,469 | 549,896 | 873,573 | 43,500 | 830,073 | Fee | ||||||||||||||||||||
18.02 | Column | Wexford Apartments | 94.8% | 1,180,512 | 527,988 | 652,524 | 35,500 | 617,024 | Fee | ||||||||||||||||||||
18.03 | Column | Davidson Apartments | 95.0% | 1,167,011 | 530,297 | 636,714 | 39,000 | 597,714 | Fee | ||||||||||||||||||||
18.04 | Column | Marion Ridge Apartments | 83.7% | 969,623 | 485,479 | 484,144 | 37,000 | 447,144 | Fee | ||||||||||||||||||||
19 | Barclays | West Shore Plaza Shopping Center | 88.0% | 4,241,733 | 1,293,805 | 2,947,928 | 212,985 | 2,734,943 | 1.53 | 1.42 | 9.2% | 8.5% | Fee | ||||||||||||||||
20 | RCMC | 543 Howard | 92.0% | 4,484,197 | 982,995 | 3,501,202 | 87,592 | 3,413,610 | 1.48 | 1.44 | 11.4% | 11.1% | Fee | ||||||||||||||||
21 | Barclays | International Corporate Center | 90.9% | 5,138,000 | 2,028,954 | 3,109,046 | 364,032 | 2,745,015 | 1.76 | 1.55 | 10.5% | 9.3% | Fee | ||||||||||||||||
22 | JPMCB | Marriott Fort Lauderdale | 73.7% | 13,116,999 | 10,496,360 | 2,620,639 | 0 | 2,620,639 | 1.64 | 1.64 | 10.1% | 10.1% | Fee | ||||||||||||||||
23 | Barclays | Dedham Place | 88.6% | 4,263,293 | 1,719,803 | 2,543,490 | 458,352 | 2,085,138 | 1.74 | 1.43 | 10.6% | 8.7% | Fee | ||||||||||||||||
24 | RCMC | Eagle View Apartments | 95.0% | 3,079,290 | 856,979 | 2,222,311 | 53,500 | 2,168,811 | 1.54 | 1.50 | 9.3% | 9.0% | Fee | ||||||||||||||||
25 | RAIT | Newington Commons | 91.0% | 3,133,724 | 1,079,437 | 2,054,287 | 123,412 | 1,930,875 | 1.36 | 1.28 | 8.6% | 8.0% | Fee | ||||||||||||||||
26 | JPMCB | Florida Multifamily Portfolio | 91.8% | 16,092,120 | 8,756,904 | 7,335,216 | 810,793 | 6,524,423 | 2.07 | 1.84 | 12.8% | 11.4% | Fee | ||||||||||||||||
26.01 | JPMCB | Lakeland Manor | 91.7% | 2,609,857 | 1,396,979 | 1,212,878 | 111,900 | 1,100,978 | Fee | ||||||||||||||||||||
26.02 | JPMCB | Kings Trail | 92.8% | 2,455,831 | 1,239,961 | 1,215,870 | 99,200 | 1,116,670 | Fee | ||||||||||||||||||||
26.03 | JPMCB | Rolling Hills | 89.3% | 1,989,755 | 1,076,661 | 913,094 | 115,200 | 797,894 | Fee | ||||||||||||||||||||
26.04 | JPMCB | Bella Mar I & II | 92.1% | 1,868,646 | 1,125,867 | 742,779 | 124,608 | 618,171 | Fee | ||||||||||||||||||||
26.05 | JPMCB | Jacksonville Heights | 92.0% | 1,333,706 | 696,077 | 637,629 | 72,141 | 565,488 | Fee | ||||||||||||||||||||
26.06 | JPMCB | Del Rio | 93.1% | 1,244,297 | 834,985 | 409,311 | 53,760 | 355,551 | Fee | ||||||||||||||||||||
26.07 | JPMCB | Lago Bello | 92.6% | 893,676 | 570,048 | 323,627 | 47,160 | 276,467 | Fee | ||||||||||||||||||||
26.08 | JPMCB | Tanglewood | 91.7% | 883,399 | 466,639 | 416,760 | 51,198 | 365,562 | Fee | ||||||||||||||||||||
26.09 | JPMCB | Mount Dora | 92.6% | 850,391 | 386,090 | 464,301 | 39,600 | 424,701 | Fee | ||||||||||||||||||||
26.10 | JPMCB | North Washington | 92.7% | 849,305 | 395,816 | 453,489 | 48,026 | 405,463 | Fee | ||||||||||||||||||||
26.11 | JPMCB | Brandywyne | 89.6% | 553,421 | 280,022 | 273,399 | 24,600 | 248,799 | Fee | ||||||||||||||||||||
26.12 | JPMCB | Landings | 92.5% | 428,011 | 202,158 | 225,853 | 18,000 | 207,853 | Fee | ||||||||||||||||||||
26.13 | JPMCB | Country Place | 94.1% | 131,826 | 85,600 | 46,226 | 5,400 | 40,826 | Fee | ||||||||||||||||||||
27 | Barclays | St. John Knits Campus | 95.0% | 2,215,400 | 79,209 | 2,136,191 | 99,384 | 2,036,807 | 1.81 | 1.73 | 10.7% | 10.2% | Fee | ||||||||||||||||
28 | Column | Westview Apartments | 88.0% | 3,157,709 | 1,528,325 | 1,629,384 | 83,750 | 1,545,634 | 1.33 | 1.26 | 8.3% | 7.9% | Fee | ||||||||||||||||
29 | JPMCB | 1019 Market Street | 95.0% | 3,829,064 | 1,143,146 | 2,685,918 | 179,817 | 2,506,102 | 3.87 | 3.61 | 13.9% | 13.0% | Fee | ||||||||||||||||
30 | Barclays | Fordham Road Business Park | 79.4% | 3,196,591 | 1,210,528 | 1,986,064 | 293,252 | 1,692,812 | 1.77 | 1.51 | 10.7% | 9.2% | Fee | ||||||||||||||||
31 | JPMCB | Renaissance Boca Raton | 75.4% | 9,411,694 | 7,453,894 | 1,957,800 | 0 | 1,957,800 | 1.72 | 1.72 | 10.6% | 10.6% | Fee | ||||||||||||||||
32 | RAIT | Broadway Marketplace - Parcel 2,3,4 | 95.0% | 2,064,331 | 631,414 | 1,432,917 | 96,645 | 1,336,272 | 1.39 | 1.29 | 8.6% | 8.0% | Fee | ||||||||||||||||
33 | Barclays | Staybridge Suites Savannah Historic District | 79.4% | 4,352,941 | 2,941,521 | 1,411,420 | 0 | 1,411,420 | 1.53 | 1.53 | 9.5% | 9.5% | Fee | ||||||||||||||||
34 | JPMCB | Metro Centre | 94.2% | 2,742,715 | 875,138 | 1,867,578 | 180,964 | 1,686,614 | 2.21 | 1.99 | 12.7% | 11.5% | Fee | ||||||||||||||||
35 | JPMCB | Hilton Garden Inn Tampa Riverview | 73.7% | 4,577,335 | 3,183,085 | 1,394,250 | 0 | 1,394,250 | 1.39 | 1.39 | 9.7% | 9.7% | Fee | ||||||||||||||||
36 | GECC | Whispering Palms MHC/RV | 81.3% | 2,081,102 | 747,605 | 1,333,497 | 25,740 | 1,307,757 | 1.59 | 1.56 | 9.6% | 9.4% | Fee | ||||||||||||||||
37 | RCMC | Hilton Garden Inn Westampton | 76.2% | 6,010,121 | 4,611,666 | 1,398,455 | 0 | 1,398,455 | 1.50 | 1.50 | 10.1% | 10.1% | Fee | ||||||||||||||||
38 | GECC | Riverstone - Deer Creek MHC | 88.0% | 2,700,313 | 1,092,297 | 1,608,016 | 21,000 | 1,587,016 | 1.91 | 1.89 | 11.8% | 11.7% | Fee | ||||||||||||||||
39 | RCMC | Eastwood Village Shopping Center | 92.0% | 1,985,402 | 515,428 | 1,469,974 | 154,394 | 1,315,580 | 1.92 | 1.72 | 11.4% | 10.2% | Fee | ||||||||||||||||
40 | JPMCB | Hilton Garden Inn Houston | 67.1% | 4,049,337 | 2,808,865 | 1,240,471 | 0 | 1,240,471 | 1.79 | 1.79 | 10.8% | 10.8% | Fee | ||||||||||||||||
41 | RCMC | Westview Business Park | 86.7% | 1,427,257 | 303,750 | 1,123,507 | 98,272 | 1,025,235 | 1.72 | 1.57 | 10.2% | 9.3% | Fee | ||||||||||||||||
42 | RCMC | 10 New Road | 91.8% | 2,012,926 | 878,728 | 1,134,198 | 118,983 | 1,015,215 | 1.96 | 1.76 | 11.6% | 10.4% | Fee | ||||||||||||||||
43 | GECC | Residence Inn - Dover | 81.3% | 3,326,113 | 1,918,502 | 1,407,611 | 0 | 1,407,611 | 2.37 | 2.37 | 14.4% | 14.4% | Fee | ||||||||||||||||
44 | Barclays | 33 Boston Post Road | 88.0% | 1,701,880 | 694,153 | 1,007,727 | 232,461 | 775,266 | 1.86 | 1.43 | 11.2% | 8.6% | Fee | ||||||||||||||||
45 | RAIT | Hampshire Park Apartments | 93.4% | 1,830,224 | 963,248 | 866,976 | 55,800 | 811,176 | 1.62 | 1.52 | 9.6% | 9.0% | Fee | ||||||||||||||||
46 | GECC | 100 Provena Way | 98.0% | 1,128,378 | 211,100 | 917,278 | 13,461 | 903,817 | 1.53 | 1.50 | 10.5% | 10.4% | Fee | ||||||||||||||||
47 | Column | Forest Cove | 95.0% | 1,751,764 | 644,404 | 1,107,360 | 146,707 | 960,653 | 2.12 | 1.84 | 13.3% | 11.5% | Fee | ||||||||||||||||
48 | JPMCB | Guardian Self Storage | 85.7% | 1,185,482 | 413,381 | 772,101 | 7,942 | 764,159 | 1.58 | 1.57 | 9.4% | 9.3% | Fee | ||||||||||||||||
49 | JPMCB | Summer Chase | 88.7% | 1,395,314 | 547,938 | 847,376 | 50,400 | 796,976 | 2.43 | 2.28 | 10.9% | 10.3% | Fee | ||||||||||||||||
50 | Barclays | Walden Park Shopping Center | 85.4% | 1,079,419 | 392,948 | 686,471 | 45,404 | 641,067 | 1.54 | 1.43 | 9.2% | 8.5% | Fee | ||||||||||||||||
51 | Column | Candlewood Suites Indianapolis Airport | 85.3% | 2,528,405 | 1,851,262 | 677,143 | 0 | 677,143 | 1.44 | 1.44 | 9.2% | 9.2% | Fee | ||||||||||||||||
52 | RAIT | Lyncourt Apartments | 93.6% | 850,230 | 274,918 | 575,312 | 11,700 | 563,612 | 1.30 | 1.27 | 7.9% | 7.7% | Fee | ||||||||||||||||
53 | RCMC | Mill Creek Crossing | 90.4% | 860,744 | 144,523 | 716,221 | 52,014 | 664,207 | 1.68 | 1.55 | 10.3% | 9.6% | Fee | ||||||||||||||||
54 | RAIT | Cypress Pointe | 85.9% | 882,225 | 249,153 | 633,072 | 41,774 | 591,298 | 1.58 | 1.47 | 9.6% | 9.0% | Fee | ||||||||||||||||
55 | RCMC | American Water Works | 95.0% | 808,879 | 189,900 | 618,979 | 76,865 | 542,115 | 1.61 | 1.41 | 9.8% | 8.6% | Fee | ||||||||||||||||
56 | JPMCB | Gander Mountain | 97.0% | 995,005 | 299,710 | 695,295 | 55,062 | 640,233 | 2.56 | 2.36 | 11.2% | 10.3% | Fee |
A-1-11
ANNEX A-1 | |||||||||||||||||||||||||||||
UW | |||||||||||||||||||||||||||||
Economic | UW | UW Total | UW | UW Capital | UW | UW | UW NCF | UW NOI | UW NCF | Ground Lease | |||||||||||||||||||
Loan # | Seller(1) | Property Name | Occupancy % | Revenues ($)(3) | Expenses ($) | NOI ($)(3)(14) | Items ($) | NCF ($)(3)(14) | NOI DSCR(15) | DSCR(15) | Debt Yield % | Debt Yield % | Title Type(16) | Expiration | |||||||||||||||
57 | GECC | 153-157 West Ohio St | 91.6% | 1,035,639 | 422,851 | 612,787 | 98,136 | 514,651 | 1.67 | 1.40 | 10.1% | 8.5% | Fee | ||||||||||||||||
58 | JPMCB | 3445 North Causeway | 87.3% | 2,126,785 | 1,248,090 | 878,695 | 228,858 | 649,837 | 4.13 | 3.06 | 15.4% | 11.4% | Fee | ||||||||||||||||
59 | Barclays | Rockaway Shopping Center | 92.0% | 712,618 | 180,592 | 532,026 | 3,943 | 528,083 | 1.51 | 1.50 | 10.2% | 10.2% | Fee | ||||||||||||||||
60 | RCMC | 701 Martinsville | 93.0% | 613,800 | 18,414 | 595,386 | 0 | 595,386 | 1.76 | 1.76 | 11.9% | 11.9% | Fee | ||||||||||||||||
61 | RAIT | ATR Transmissions | 92.5% | 701,497 | 281,300 | 420,197 | 30,021 | 390,176 | 1.60 | 1.49 | 10.2% | 9.5% | Fee | ||||||||||||||||
62 | Column | Northridge Plaza | 95.0% | 579,898 | 175,868 | 404,030 | 31,697 | 372,333 | 1.65 | 1.52 | 10.1% | 9.3% | Fee | ||||||||||||||||
63 | Column | Copper Creek Apartments | 84.4% | 881,674 | 513,802 | 367,872 | 29,700 | 338,172 | 1.59 | 1.46 | 9.7% | 8.9% | Fee | ||||||||||||||||
64 | RAIT | Cottages at Hooper Hill | 94.4% | 448,800 | 127,307 | 321,493 | 7,200 | 314,293 | 1.52 | 1.48 | 9.6% | 9.4% | Fee | ||||||||||||||||
65 | RAIT | Tractor Supply - Flagstaff | 95.0% | 287,972 | 12,595 | 275,377 | 3,431 | 271,946 | 1.42 | 1.40 | 8.9% | 8.8% | Fee | ||||||||||||||||
66 | GECC | Colonial Manor MHC | 95.0% | 421,087 | 196,338 | 224,749 | 5,964 | 218,786 | 1.30 | 1.26 | 8.2% | 8.0% | Fee | ||||||||||||||||
67 | Column | Mobile Gardens MHC | 87.5% | 526,588 | 244,557 | 282,032 | 9,200 | 272,832 | 1.70 | 1.64 | 10.7% | 10.3% | Fee | ||||||||||||||||
68 | GECC | Lakeshore - Summit Village/Blue Coral MHC Portfolio | 72.9% | 542,244 | 324,338 | 217,906 | 6,880 | 211,026 | 1.37 | 1.33 | 8.7% | 8.4% | Fee | ||||||||||||||||
69 | Column | Harvard Court Townhouses | 93.5% | 364,459 | 159,702 | 204,757 | 13,200 | 191,557 | 1.56 | 1.46 | 9.9% | 9.3% | Fee |
A-1-12
ANNEX A-1 | |||||||||||||||||||||||||
UPFRONT ESCROW(17) | |||||||||||||||||||||||||
Ground Lease | Upfront Capex | Upfront Engin. | Upfront Envir. | Upfront TI/LC | Upfront RE Tax | Upfront Ins. | Upfront Debt Service | Upfront Other | |||||||||||||||||
Loan # | Seller(1) | Property Name | Extension Terms | PML % | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | |||||||||||||
1 | Column | 500 Fifth Avenue | 0 | 413 | 0 | 0 | 0 | 0 | 0 | 16,028,841 | |||||||||||||||
2 | JPMCB | 1515 Market | 8,371 | 212,750 | 0 | 54,167 | 911,434 | 0 | 0 | 2,594,604 | |||||||||||||||
3 | JPMCB | Wells Fargo Center Tampa | 800,000 | 759,484 | 0 | 40,576 | 116,465 | 0 | 0 | 1,310,815 | |||||||||||||||
4 | JPMCB | Heron Lakes | 5,250 | 47,500 | 0 | 39,375 | 94,445 | 9,479 | 0 | 5,087,669 | |||||||||||||||
5 | JPMCB | Shaner Hotels Limited Service Portfolio | 0 | 825 | 0 | 0 | 313,522 | 127,795 | 0 | 357,399 | |||||||||||||||
5.01 | JPMCB | Holiday Inn Express - Charleston | Hotel: Five ten-year options; Parking Lot: Two five-year options | ||||||||||||||||||||||
5.02 | JPMCB | Courtyard - Mechanicsburg | |||||||||||||||||||||||
5.03 | JPMCB | Courtyard - St. Augustine | |||||||||||||||||||||||
5.04 | JPMCB | Fairfield Inn & Suites - Augusta | |||||||||||||||||||||||
5.05 | JPMCB | Courtyard - Jacksonville - I295 East | |||||||||||||||||||||||
5.06 | JPMCB | Fairfield Inn & Suites - Lakeland | |||||||||||||||||||||||
5.07 | JPMCB | Fairfield Inn & Suites - St. Augustine | |||||||||||||||||||||||
6 | Column | St. Louis Premium Outlets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||
7 | GECC | Centergy One | 0 | 155,183 | 0 | 1,463,271 | 223,837 | 38,125 | 0 | 0 | |||||||||||||||
8 | JPMCB | The Outlet Shoppes of the Bluegrass | 0 | 0 | 0 | 0 | 124,895 | 0 | 0 | 6,958,372 | |||||||||||||||
9 | Barclays | United Healthcare Office | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||
10 | JPMCB | 117 Kendrick Street | 3,540 | 40,563 | 0 | 0 | 0 | 0 | 195,771 | 338,792 | |||||||||||||||
11 | Column | The View & Legends | 13,770 | 52,951 | 0 | 0 | 368,920 | 87,689 | 0 | 0 | |||||||||||||||
11.01 | Column | View at Kessler Park | |||||||||||||||||||||||
11.02 | Column | Legends on Lake Highlands | |||||||||||||||||||||||
12 | RCMC | Arbor Gate | 0 | 0 | 0 | 0 | 287,705 | 0 | 0 | 100,000 | |||||||||||||||
13 | Column | Threshold Multifamily Portfolio II | 0 | 75,675 | 0 | 0 | 392,471 | 65,347 | 0 | 0 | |||||||||||||||
13.01 | Column | Gable Oaks | |||||||||||||||||||||||
13.02 | Column | Sharon Pointe | |||||||||||||||||||||||
13.03 | Column | Woodbrook | |||||||||||||||||||||||
14 | JPMCB | Columbia Centre I & II | None | 8,651 | 0 | 0 | 54,071 | 371,332 | 0 | 0 | 1,014,048 | ||||||||||||||
15 | Barclays | Holiday Inn & Suites Across from Universal Studios | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 250,000 | |||||||||||||||
16 | Barclays | Belford Towers Apartments | 0 | 100,750 | 0 | 0 | 76,104 | 0 | 0 | 0 | |||||||||||||||
17 | JPMCB | Hyatt Regency Lexington | Five ten-year options | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,431,000 | ||||||||||||||
18 | Column | Threshold Multifamily Portfolio III | 0 | 121,929 | 0 | 0 | 268,265 | 63,567 | 0 | 0 | |||||||||||||||
18.01 | Column | Huntersville Apartments | |||||||||||||||||||||||
18.02 | Column | Wexford Apartments | |||||||||||||||||||||||
18.03 | Column | Davidson Apartments | |||||||||||||||||||||||
18.04 | Column | Marion Ridge Apartments | |||||||||||||||||||||||
19 | Barclays | West Shore Plaza Shopping Center | 0 | 37,620 | 0 | 0 | 0 | 0 | 0 | 1,575,400 | |||||||||||||||
20 | RCMC | 543 Howard | 17% | 400,000 | 0 | 0 | 0 | 101,177 | 35,458 | 0 | 3,894,436 | ||||||||||||||
21 | Barclays | International Corporate Center | 0 | 0 | 0 | 0 | 257,961 | 12,760 | 0 | 34,000 | |||||||||||||||
22 | JPMCB | Marriott Fort Lauderdale | 0 | 0 | 0 | 0 | 45,584 | 0 | 0 | 7,940,000 | |||||||||||||||
23 | Barclays | Dedham Place | 0 | 75,650 | 0 | 0 | 0 | 0 | 0 | 689,556 | |||||||||||||||
24 | RCMC | Eagle View Apartments | 0 | 0 | 0 | 0 | 12,153 | 25,299 | 0 | 0 | |||||||||||||||
25 | RAIT | Newington Commons | 600,000 | 0 | 0 | 0 | 209,873 | 68,468 | 0 | 224,396 | |||||||||||||||
26 | JPMCB | Florida Multifamily Portfolio | 67,589 | 335,156 | 0 | 0 | 570,864 | 0 | 0 | 0 | |||||||||||||||
26.01 | JPMCB | Lakeland Manor | |||||||||||||||||||||||
26.02 | JPMCB | Kings Trail | |||||||||||||||||||||||
26.03 | JPMCB | Rolling Hills | |||||||||||||||||||||||
26.04 | JPMCB | Bella Mar I & II | |||||||||||||||||||||||
26.05 | JPMCB | Jacksonville Heights | |||||||||||||||||||||||
26.06 | JPMCB | Del Rio | |||||||||||||||||||||||
26.07 | JPMCB | Lago Bello | |||||||||||||||||||||||
26.08 | JPMCB | Tanglewood | |||||||||||||||||||||||
26.09 | JPMCB | Mount Dora | |||||||||||||||||||||||
26.10 | JPMCB | North Washington | |||||||||||||||||||||||
26.11 | JPMCB | Brandywyne | |||||||||||||||||||||||
26.12 | JPMCB | Landings | |||||||||||||||||||||||
26.13 | JPMCB | Country Place | |||||||||||||||||||||||
27 | Barclays | St. John Knits Campus | 9% | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
28 | Column | Westview Apartments | 6,979 | 0 | 0 | 0 | 227,521 | 25,005 | 0 | 1,423,750 | |||||||||||||||
29 | JPMCB | 1019 Market Street | 17% | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 241,088 | ||||||||||||||
30 | Barclays | Fordham Road Business Park | 0 | 20,348 | 0 | 0 | 0 | 0 | 0 | 49,583 | |||||||||||||||
31 | JPMCB | Renaissance Boca Raton | 0 | 0 | 0 | 0 | 27,406 | 0 | 0 | 3,753,000 | |||||||||||||||
32 | RAIT | Broadway Marketplace - Parcel 2,3,4 | 300,000 | 0 | 0 | 0 | 165,695 | 16,514 | 0 | 0 | |||||||||||||||
33 | Barclays | Staybridge Suites Savannah Historic District | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,188,327 | |||||||||||||||
34 | JPMCB | Metro Centre | 3,077 | 10,531 | 0 | 14,268 | 108,459 | 54,102 | 0 | 299,845 | |||||||||||||||
35 | JPMCB | Hilton Garden Inn Tampa Riverview | 15,250 | 0 | 0 | 0 | 32,445 | 0 | 0 | 0 | |||||||||||||||
36 | GECC | Whispering Palms MHC/RV | 0 | 0 | 0 | 0 | 151,365 | 9,705 | 0 | 140,000 | |||||||||||||||
37 | RCMC | Hilton Garden Inn Westampton | 1,000,000 | 0 | 0 | 0 | 57,796 | 0 | 0 | 0 | |||||||||||||||
38 | GECC | Riverstone - Deer Creek MHC | 0 | 38,563 | 0 | 0 | 170,962 | 20,543 | 0 | 0 | |||||||||||||||
39 | RCMC | Eastwood Village Shopping Center | 0 | 0 | 0 | 300,000 | 17,042 | 5,936 | 0 | 0 | |||||||||||||||
40 | JPMCB | Hilton Garden Inn Houston | 13,948 | 0 | 0 | 0 | 53,646 | 0 | 0 | 0 | |||||||||||||||
41 | RCMC | Westview Business Park | 0 | 0 | 0 | 190,000 | 38,568 | 0 | 0 | 47,535 | |||||||||||||||
42 | RCMC | 10 New Road | 0 | 0 | 0 | 0 | 67,348 | 9,524 | 0 | 280,000 | |||||||||||||||
43 | GECC | Residence Inn - Dover | 0 | 0 | 0 | 0 | 30,200 | 15,000 | 0 | 816,162 | |||||||||||||||
44 | Barclays | 33 Boston Post Road | 0 | 0 | 0 | 0 | 19,027 | 0 | 0 | 0 | |||||||||||||||
45 | RAIT | Hampshire Park Apartments | 150,000 | 0 | 0 | 0 | 36,392 | 10,468 | 0 | 0 | |||||||||||||||
46 | GECC | 100 Provena Way | 0 | 0 | 0 | 1,603,373 | 12,436 | 10,750 | 0 | 0 | |||||||||||||||
47 | Column | Forest Cove | 2,900 | 101,675 | 0 | 185,208 | 95,349 | 5,835 | 0 | 0 | |||||||||||||||
48 | JPMCB | Guardian Self Storage | 662 | 0 | 0 | 0 | 58,723 | 0 | 0 | 0 | |||||||||||||||
49 | JPMCB | Summer Chase | 3,500 | 0 | 0 | 0 | 85,451 | 5,534 | 0 | 0 | |||||||||||||||
50 | Barclays | Walden Park Shopping Center | 0 | 0 | 0 | 0 | 0 | 12,341 | 0 | 1,562,475 | |||||||||||||||
51 | Column | Candlewood Suites Indianapolis Airport | 0 | 17,588 | 0 | 0 | 59,307 | 15,975 | 0 | 1,641,557 | |||||||||||||||
52 | RAIT | Lyncourt Apartments | 0 | 92,206 | 0 | 0 | 16,003 | 15,538 | 0 | 0 | |||||||||||||||
53 | RCMC | Mill Creek Crossing | 0 | 25,344 | 0 | 0 | 16,490 | 6,722 | 0 | 25,375 | |||||||||||||||
54 | RAIT | Cypress Pointe | 7% | 0 | 0 | 0 | 0 | 19,926 | 6,585 | 0 | 100,000 | ||||||||||||||
55 | RCMC | American Water Works | 0 | 18,750 | 0 | 0 | 8,535 | 6,603 | 0 | 459,047 | |||||||||||||||
56 | JPMCB | Gander Mountain | 1,890 | 0 | 0 | 0 | 0 | 0 | 0 | 30,241 |
A-1-13
ANNEX A-1 | |||||||||||||||||||||||||
UPFRONT ESCROW(17) | |||||||||||||||||||||||||
Ground Lease | Upfront Capex | Upfront Engin. | Upfront Envir. | Upfront TI/LC | Upfront RE Tax | Upfront Ins. | Upfront Debt Service | Upfront Other | |||||||||||||||||
Loan # | Seller(1) | Property Name | Extension Terms | PML % | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | |||||||||||||
57 | GECC | 153-157 West Ohio St | 0 | 0 | 0 | 0 | 47,142 | 3,751 | 0 | 400,000 | |||||||||||||||
58 | JPMCB | 3445 North Causeway | 0 | 423,880 | 0 | 0 | 128,676 | 0 | 0 | 81,363 | |||||||||||||||
59 | Barclays | Rockaway Shopping Center | 0 | 3,750 | 0 | 150,000 | 0 | 6,126 | 0 | 42,000 | |||||||||||||||
60 | RCMC | 701 Martinsville | 0 | 16,250 | 0 | 0 | 20,909 | 5,435 | 0 | 0 | |||||||||||||||
61 | RAIT | ATR Transmissions | 0 | 0 | 0 | 0 | 14,994 | 22,289 | 0 | 0 | |||||||||||||||
62 | Column | Northridge Plaza | 17% | 40,000 | 0 | 0 | 50,000 | 23,910 | 0 | 0 | 0 | ||||||||||||||
63 | Column | Copper Creek Apartments | 2,475 | 184,300 | 0 | 0 | 22,518 | 2,483 | 0 | 0 | |||||||||||||||
64 | RAIT | Cottages at Hooper Hill | 0 | 0 | 0 | 0 | 41,403 | 3,466 | 0 | 36,850 | |||||||||||||||
65 | RAIT | Tractor Supply - Flagstaff | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||
66 | GECC | Colonial Manor MHC | 13% | 0 | 0 | 0 | 0 | 26,015 | 954 | 0 | 0 | ||||||||||||||
67 | Column | Mobile Gardens MHC | 767 | 0 | 0 | 0 | 5,774 | 2,009 | 0 | 5,000 | |||||||||||||||
68 | GECC | Lakeshore - Summit Village/Blue Coral MHC Portfolio | 0 | 81,340 | 0 | 0 | 3,170 | 10,463 | 0 | 0 | |||||||||||||||
69 | Column | Harvard Court Townhouses | 13% | 1,100 | 0 | 0 | 0 | 15,086 | 1,836 | 0 | 0 |
A-1-14
ANNEX A-1 | |||||||||||||||||||||||||||||||
MONTHLY ESCROW(18) | RESERVE CAPS(19) | ||||||||||||||||||||||||||||||
Monthly Capex | Monthly Envir. | Monthly TI/LC | Monthly RE Tax | Monthly Ins. | Monthly Other | CapEx | Envir. | TI/LC | RE Tax | Insur. | Debt Service | Other | |||||||||||||||||||
Loan # | Seller(1) | Property Name | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve Cap ($) | Reserve Cap ($) | Reserve Cap ($) | Reserve Cap ($) | Reserve Cap ($) | Reserve Cap ($) | Reserve Cap ($) | ||||||||||||||||
1 | Column | 500 Fifth Avenue | Springing | 0 | Springing | Springing | Springing | 0 | |||||||||||||||||||||||
2 | JPMCB | 1515 Market | 8,371 | 0 | 54,167 | 91,144 | Springing | Springing | 3,750,000 | ||||||||||||||||||||||
3 | JPMCB | Wells Fargo Center Tampa | 4,870 | 0 | 40,576 | 116,465 | Springing | 0 | |||||||||||||||||||||||
4 | JPMCB | Heron Lakes | 5,250 | 0 | 39,375 | 94,445 | Springing | 0 | 1,890,000 | ||||||||||||||||||||||
5 | JPMCB | Shaner Hotels Limited Service Portfolio | 4% of Gross Revenues | 0 | 0 | 47,334 | 21,303 | 210,732 | |||||||||||||||||||||||
5.01 | JPMCB | Holiday Inn Express - Charleston | |||||||||||||||||||||||||||||
5.02 | JPMCB | Courtyard - Mechanicsburg | |||||||||||||||||||||||||||||
5.03 | JPMCB | Courtyard - St. Augustine | |||||||||||||||||||||||||||||
5.04 | JPMCB | Fairfield Inn & Suites - Augusta | |||||||||||||||||||||||||||||
5.05 | JPMCB | Courtyard - Jacksonville - I295 East | |||||||||||||||||||||||||||||
5.06 | JPMCB | Fairfield Inn & Suites - Lakeland | |||||||||||||||||||||||||||||
5.07 | JPMCB | Fairfield Inn & Suites - St. Augustine | |||||||||||||||||||||||||||||
6 | Column | St. Louis Premium Outlets | Springing | 0 | Springing | Springing | Springing | 0 | 210,877 | 1,054,386 | |||||||||||||||||||||
7 | GECC | Centergy One | 4,224 | 0 | 31,679 | 74,612 | 5,446 | 0 | 150,000 | 1,140,000 | |||||||||||||||||||||
8 | JPMCB | The Outlet Shoppes of the Bluegrass | Springing | 0 | Springing | 62,448 | Springing | 0 | 150,000 | ||||||||||||||||||||||
9 | Barclays | United Healthcare Office | 0 | 0 | 0 | Springing | Springing | 0 | |||||||||||||||||||||||
10 | JPMCB | 117 Kendrick Street | 3,540 | 0 | Springing | Springing | Springing | 0 | |||||||||||||||||||||||
11 | Column | The View & Legends | 13,770 | 0 | 0 | 40,991 | 17,538 | 0 | |||||||||||||||||||||||
11.01 | Column | View at Kessler Park | |||||||||||||||||||||||||||||
11.02 | Column | Legends on Lake Highlands | |||||||||||||||||||||||||||||
12 | RCMC | Arbor Gate | 3,610 | 0 | 46,659 | 47,775 | Springing | 0 | 600,000 | ||||||||||||||||||||||
13 | Column | Threshold Multifamily Portfolio II | 12,902 | 0 | 0 | 35,679 | 7,261 | 0 | |||||||||||||||||||||||
13.01 | Column | Gable Oaks | |||||||||||||||||||||||||||||
13.02 | Column | Sharon Pointe | |||||||||||||||||||||||||||||
13.03 | Column | Woodbrook | |||||||||||||||||||||||||||||
14 | JPMCB | Columbia Centre I & II | 8,651 | 0 | 54,071 | 92,779 | Springing | 27,124 | 1,946,569 | ||||||||||||||||||||||
15 | Barclays | Holiday Inn & Suites Across from Universal Studios | 4% of Gross Revenues | 0 | 0 | 24,175 | Springing | 0 | |||||||||||||||||||||||
16 | Barclays | Belford Towers Apartments | 9,750 | 0 | 0 | 38,052 | Springing | 0 | 351,000 | ||||||||||||||||||||||
17 | JPMCB | Hyatt Regency Lexington | 4% of Gross Revenues | 0 | 0 | 0 | Springing | Springing | |||||||||||||||||||||||
18 | Column | Threshold Multifamily Portfolio III | 13,387 | 0 | 0 | 24,388 | 7,063 | 0 | |||||||||||||||||||||||
18.01 | Column | Huntersville Apartments | |||||||||||||||||||||||||||||
18.02 | Column | Wexford Apartments | |||||||||||||||||||||||||||||
18.03 | Column | Davidson Apartments | |||||||||||||||||||||||||||||
18.04 | Column | Marion Ridge Apartments | |||||||||||||||||||||||||||||
19 | Barclays | West Shore Plaza Shopping Center | 3,199 | 0 | 14,928 | 71,489 | Springing | 0 | |||||||||||||||||||||||
20 | RCMC | 543 Howard | 1,216 | 0 | 6,082 | 14,454 | 3,223 | 0 | 218,952 | ||||||||||||||||||||||
21 | Barclays | International Corporate Center | 4,074 | 0 | 21,073 | 54,003 | 6,380 | Springing | 146,670 | 850,000 | |||||||||||||||||||||
22 | JPMCB | Marriott Fort Lauderdale | 4% of Gross Revenues | 0 | 0 | 45,584 | Springing | 285,000 | |||||||||||||||||||||||
23 | Barclays | Dedham Place | 4,559 | 0 | 13,409 | 46,427 | Springing | 0 | 164,124 | 482,730 | |||||||||||||||||||||
24 | RCMC | Eagle View Apartments | 4,458 | 0 | 0 | 4,051 | 8,433 | 0 | |||||||||||||||||||||||
25 | RAIT | Newington Commons | 2,373 | 0 | 7,911 | 52,468 | 7,608 | 0 | |||||||||||||||||||||||
26 | JPMCB | Florida Multifamily Portfolio | 183,167 | 0 | 0 | 71,358 | 72,855 | 0 | |||||||||||||||||||||||
26.01 | JPMCB | Lakeland Manor | |||||||||||||||||||||||||||||
26.02 | JPMCB | Kings Trail | |||||||||||||||||||||||||||||
26.03 | JPMCB | Rolling Hills | |||||||||||||||||||||||||||||
26.04 | JPMCB | Bella Mar I & II | |||||||||||||||||||||||||||||
26.05 | JPMCB | Jacksonville Heights | |||||||||||||||||||||||||||||
26.06 | JPMCB | Del Rio | |||||||||||||||||||||||||||||
26.07 | JPMCB | Lago Bello | |||||||||||||||||||||||||||||
26.08 | JPMCB | Tanglewood | |||||||||||||||||||||||||||||
26.09 | JPMCB | Mount Dora | |||||||||||||||||||||||||||||
26.10 | JPMCB | North Washington | |||||||||||||||||||||||||||||
26.11 | JPMCB | Brandywyne | |||||||||||||||||||||||||||||
26.12 | JPMCB | Landings | |||||||||||||||||||||||||||||
26.13 | JPMCB | Country Place | |||||||||||||||||||||||||||||
27 | Barclays | St. John Knits Campus | Springing | 0 | 0 | Springing | Springing | 0 | |||||||||||||||||||||||
28 | Column | Westview Apartments | 6,979 | 0 | 0 | 28,440 | 6,251 | 0 | |||||||||||||||||||||||
29 | JPMCB | 1019 Market Street | Springing | 0 | Springing | Springing | Springing | 0 | |||||||||||||||||||||||
30 | Barclays | Fordham Road Business Park | 5,032 | 0 | 12,581 | 59,080 | Springing | 0 | 181,159 | 750,000 | |||||||||||||||||||||
31 | JPMCB | Renaissance Boca Raton | 4% of Gross Revenues | 0 | 0 | 27,406 | Springing | 143,000 | |||||||||||||||||||||||
32 | RAIT | Broadway Marketplace - Parcel 2,3,4 | 1,535 | 0 | Springing | 27,616 | 1,376 | 0 | 368,000 | ||||||||||||||||||||||
33 | Barclays | Staybridge Suites Savannah Historic District | 4% of Gross Revenues | 0 | 0 | 16,417 | Springing | Springing | |||||||||||||||||||||||
34 | JPMCB | Metro Centre | 3,077 | 0 | 14,268 | 27,115 | 6,213 | 0 | 60,000 | 330,000 | |||||||||||||||||||||
35 | JPMCB | Hilton Garden Inn Tampa Riverview | 4% of Gross Revenues | 0 | 0 | 16,223 | Springing | 0 | |||||||||||||||||||||||
36 | GECC | Whispering Palms MHC/RV | 2,145 | 0 | 0 | 15,136 | 3,235 | 0 | |||||||||||||||||||||||
37 | RCMC | Hilton Garden Inn Westampton | Springing | 0 | 0 | 19,265 | Springing | Springing | |||||||||||||||||||||||
38 | GECC | Riverstone - Deer Creek MHC | 2,188 | 0 | 0 | 15,542 | 2,054 | �� | 0 | ||||||||||||||||||||||
39 | RCMC | Eastwood Village Shopping Center | 1,679 | 0 | 11,188 | 17,042 | 2,968 | 0 | 430,000 | ||||||||||||||||||||||
40 | JPMCB | Hilton Garden Inn Houston | 4% of Gross Revenues | 0 | 0 | 16,524 | Springing | 0 | |||||||||||||||||||||||
41 | RCMC | Westview Business Park | 1,536 | 0 | 6,654 | 7,714 | Springing | 0 | 55,296 | 300,000 | |||||||||||||||||||||
42 | RCMC | 10 New Road | 2,833 | 0 | 7,082 | 22,449 | 1,905 | 0 | 750,000 | ||||||||||||||||||||||
43 | GECC | Residence Inn - Dover | 4% of Gross Revenues | 0 | 0 | 6,700 | 2,500 | Springing | |||||||||||||||||||||||
44 | Barclays | 33 Boston Post Road | 1,950 | 0 | 8,862 | 19,027 | Springing | Springing | 70,190 | 319,044 | |||||||||||||||||||||
45 | RAIT | Hampshire Park Apartments | 4,650 | 0 | 0 | 18,196 | 5,234 | 0 | |||||||||||||||||||||||
46 | GECC | 100 Provena Way | 1,122 | 0 | 0 | 6,218 | 827 | 0 | |||||||||||||||||||||||
47 | Column | Forest Cove | 2,900 | 0 | 9,325 | 23,837 | 1,167 | 0 | |||||||||||||||||||||||
48 | JPMCB | Guardian Self Storage | 662 | 0 | 0 | 8,389 | Springing | 0 | 23,827 | ||||||||||||||||||||||
49 | JPMCB | Summer Chase | 3,500 | 0 | 0 | 8,546 | 5,534 | 0 | |||||||||||||||||||||||
50 | Barclays | Walden Park Shopping Center | Springing | 0 | Springing | 18,345 | Springing | 0 | 25,906 | 115,138 | |||||||||||||||||||||
51 | Column | Candlewood Suites Indianapolis Airport | 4,214 | 0 | 0 | 9,885 | 2,324 | Springing | |||||||||||||||||||||||
52 | RAIT | Lyncourt Apartments | 975 | 0 | 0 | 5,334 | 3,108 | 0 | 30,000 | ||||||||||||||||||||||
53 | RCMC | Mill Creek Crossing | 919 | 0 | 3,416 | 5,497 | 960 | 0 | 33,084 | 122,976 | |||||||||||||||||||||
54 | RAIT | Cypress Pointe | 395 | 0 | 3,086 | 4,982 | 823 | 0 | 74,000 | ||||||||||||||||||||||
55 | RCMC | American Water Works | 1,068 | 0 | 5,338 | 4,268 | 2,201 | 0 | |||||||||||||||||||||||
56 | JPMCB | Gander Mountain | 1,890 | 0 | 0 | Springing | Springing | 0 | 113,400 |
A-1-15
ANNEX A-1 | |||||||||||||||||||||||||||||||
MONTHLY ESCROW(18) | RESERVE CAPS(19) | ||||||||||||||||||||||||||||||
Monthly Capex | Monthly Envir. | Monthly TI/LC | Monthly RE Tax | Monthly Ins. | Monthly Other | CapEx | Envir. | TI/LC | RE Tax | Insur. | Debt Service | Other | |||||||||||||||||||
Loan # | Seller(1) | Property Name | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve Cap ($) | Reserve Cap ($) | Reserve Cap ($) | Reserve Cap ($) | Reserve Cap ($) | Reserve Cap ($) | Reserve Cap ($) | ||||||||||||||||
57 | GECC | 153-157 West Ohio St | 1,644 | 0 | 5,560 | 15,714 | 1,875 | 0 | 200,151 | ||||||||||||||||||||||
58 | JPMCB | 3445 North Causeway | Springing | 0 | Springing | 10,723 | Springing | 0 | 71,824 | 658,466 | |||||||||||||||||||||
59 | Barclays | Rockaway Shopping Center | 254 | 0 | 2,115 | 9,140 | 3,063 | 0 | |||||||||||||||||||||||
60 | RCMC | 701 Martinsville | 0 | 0 | 0 | 7,007 | 2,718 | 1,725 | |||||||||||||||||||||||
61 | RAIT | ATR Transmissions | 1,081 | 0 | 1,421 | 14,994 | 3,184 | 0 | 138,954 | ||||||||||||||||||||||
62 | Column | Northridge Plaza | 1,000 | 0 | 3,032 | 6,127 | 1,450 | 0 | 40,000 | 50,000 | |||||||||||||||||||||
63 | Column | Copper Creek Apartments | 2,475 | 0 | 0 | 4,504 | 1,241 | 0 | 59,400 | ||||||||||||||||||||||
64 | RAIT | Cottages at Hooper Hill | 600 | 0 | 0 | 3,450 | 1,155 | 0 | |||||||||||||||||||||||
65 | RAIT | Tractor Supply - Flagstaff | 286 | 0 | 0 | 0 | 0 | 0 | 13,722 | ||||||||||||||||||||||
66 | GECC | Colonial Manor MHC | 497 | 0 | 0 | 3,716 | 477 | 0 | |||||||||||||||||||||||
67 | Column | Mobile Gardens MHC | 767 | 0 | 0 | 2,887 | 670 | 0 | |||||||||||||||||||||||
68 | GECC | Lakeshore - Summit Village/Blue Coral MHC Portfolio | 573 | 0 | 0 | 3,170 | 1,308 | 0 | |||||||||||||||||||||||
69 | Column | Harvard Court Townhouses | 1,100 | 0 | 0 | 1,257 | 612 | 0 | 26,400 |
A-1-16
ANNEX A-1 | |||||||||||||||||||||||||
LARGEST TENANT (3)(20)(21)(22) | 2nd LARGEST TENANT (3)(20)(21)(22) | 3rd LARGEST TENANT (3)(20)(21)(22) | |||||||||||||||||||||||
Single | Lease | Lease | Lease | ||||||||||||||||||||||
Loan # | Seller(1) | Property Name | Tenant | Largest Tenant | Unit Size | Expiration | 2nd Largest Tenant | Unit Size | Expiration | 3rd Largest Tenant | Unit Size | Expiration | |||||||||||||
1 | Column | 500 Fifth Avenue | No | Zara USA, Inc. | 72,544 | 02/28/35 | W.W. Norton & Co. | 64,668 | 07/31/17 | Mercer, Inc. | 36,232 | 06/14/19 | |||||||||||||
2 | JPMCB | 1515 Market | No | Temple University | 130,213 | 06/30/22 | Heffler Radetich & Saitta | 26,027 | 05/31/19 | Commonwealth of PA | 18,356 | 05/31/23 | |||||||||||||
3 | JPMCB | Wells Fargo Center Tampa | No | Wells Fargo Bank | 58,098 | 07/31/22 | Phelps Dunbar | 36,272 | 10/31/17 | UBS Financial Services | 19,997 | 02/28/21 | |||||||||||||
4 | JPMCB | Heron Lakes | No | Boots & Coots | 34,052 | 07/31/17 | Intergraph | 29,581 | 06/30/20 | Icon Bank | 22,029 | 02/28/17 | |||||||||||||
5 | JPMCB | Shaner Hotels Limited Service Portfolio | No | ||||||||||||||||||||||
5.01 | JPMCB | Holiday Inn Express - Charleston | No | ||||||||||||||||||||||
5.02 | JPMCB | Courtyard - Mechanicsburg | No | ||||||||||||||||||||||
5.03 | JPMCB | Courtyard - St. Augustine | No | ||||||||||||||||||||||
5.04 | JPMCB | Fairfield Inn & Suites - Augusta | No | ||||||||||||||||||||||
5.05 | JPMCB | Courtyard - Jacksonville - I295 East | No | ||||||||||||||||||||||
5.06 | JPMCB | Fairfield Inn & Suites - Lakeland | No | ||||||||||||||||||||||
5.07 | JPMCB | Fairfield Inn & Suites - St. Augustine | No | ||||||||||||||||||||||
6 | Column | St. Louis Premium Outlets | No | Saks Fifth Avenue Off 5th | 27,996 | 08/31/23 | Nike Factory Store | 12,000 | 01/31/19 | Under Armour | 9,331 | 08/31/23 | |||||||||||||
7 | GECC | Centergy One | No | Georgia Tech Research Corporation | 74,386 | 12/31/16 | Georgia Department of Economic Development | 42,232 | 06/30/34 | Accenture | 32,654 | 07/31/24 | |||||||||||||
8 | JPMCB | The Outlet Shoppes of the Bluegrass | No | Saks Fifth Avenue Off 5th | 24,558 | 07/31/24 | Nike | 14,355 | 01/31/20 | Old Navy | 13,266 | 07/31/19 | |||||||||||||
9 | Barclays | United Healthcare Office | Yes | United Healthcare Services, Inc. | 204,123 | 12/31/25 | |||||||||||||||||||
10 | JPMCB | 117 Kendrick Street | No | Warner Brothers Entertainment Inc. | 77,365 | 08/08/18 | Braver & Company | 27,361 | 09/30/21 | Enservio | 18,463 | 06/30/16 | |||||||||||||
11 | Column | The View & Legends | No | ||||||||||||||||||||||
11.01 | Column | View at Kessler Park | No | ||||||||||||||||||||||
11.02 | Column | Legends on Lake Highlands | No | ||||||||||||||||||||||
12 | RCMC | Arbor Gate | No | Wipfli, LLP | 40,052 | 12/01/23 | Navitus Health Solutions | 38,717 | 09/30/18 | Meriter Wisconsin Heart | 29,000 | 12/01/23 | |||||||||||||
13 | Column | Threshold Multifamily Portfolio II | No | ||||||||||||||||||||||
13.01 | Column | Gable Oaks | No | ||||||||||||||||||||||
13.02 | Column | Sharon Pointe | No | ||||||||||||||||||||||
13.03 | Column | Woodbrook | No | ||||||||||||||||||||||
14 | JPMCB | Columbia Centre I & II | No | Randa Accessories | 32,818 | 02/28/22 | Resolution Life Inc. | 26,369 | 12/31/24 | HQ Global Workplaces LLC | 24,225 | 09/30/19 | |||||||||||||
15 | Barclays | Holiday Inn & Suites Across from Universal Studios | No | ||||||||||||||||||||||
16 | Barclays | Belford Towers Apartments | No | ||||||||||||||||||||||
17 | JPMCB | Hyatt Regency Lexington | No | ||||||||||||||||||||||
18 | Column | Threshold Multifamily Portfolio III | No | ||||||||||||||||||||||
18.01 | Column | Huntersville Apartments | No | ||||||||||||||||||||||
18.02 | Column | Wexford Apartments | No | ||||||||||||||||||||||
18.03 | Column | Davidson Apartments | No | ||||||||||||||||||||||
18.04 | Column | Marion Ridge Apartments | No | ||||||||||||||||||||||
19 | Barclays | West Shore Plaza Shopping Center | No | Burlington Coat Factory | 83,500 | 09/30/19 | DMV | 26,389 | 10/31/18 | Asian Food Market | 25,128 | 04/30/16 | |||||||||||||
20 | RCMC | 543 Howard | No | Galvanize | 68,405 | 08/31/29 | GFDS | 4,582 | 02/28/18 | ||||||||||||||||
21 | Barclays | International Corporate Center | No | Mitsubishi Imaging | 26,272 | 06/30/16 | Dorf & Nelson LLP | 15,166 | 12/31/21 | Greenbriar Equity | 15,151 | 10/31/17 | |||||||||||||
22 | JPMCB | Marriott Fort Lauderdale | No | ||||||||||||||||||||||
23 | Barclays | Dedham Place | No | Rage Frameworks | 15,497 | 11/30/19 | RGN - Dedham | 14,136 | 11/30/24 | Reflexis Systems | 13,894 | 03/30/20 | |||||||||||||
24 | RCMC | Eagle View Apartments | No | ||||||||||||||||||||||
25 | RAIT | Newington Commons | No | Stop & Shop | 65,243 | 02/28/22 | Bob’s Stores | 48,884 | 01/31/17 | Planet Fitness | 23,520 | 04/30/30 | |||||||||||||
26 | JPMCB | Florida Multifamily Portfolio | No | ||||||||||||||||||||||
26.01 | JPMCB | Lakeland Manor | No | ||||||||||||||||||||||
26.02 | JPMCB | Kings Trail | No | ||||||||||||||||||||||
26.03 | JPMCB | Rolling Hills | No | ||||||||||||||||||||||
26.04 | JPMCB | Bella Mar I & II | No | ||||||||||||||||||||||
26.05 | JPMCB | Jacksonville Heights | No | ||||||||||||||||||||||
26.06 | JPMCB | Del Rio | No | ||||||||||||||||||||||
26.07 | JPMCB | Lago Bello | No | ||||||||||||||||||||||
26.08 | JPMCB | Tanglewood | No | ||||||||||||||||||||||
26.09 | JPMCB | Mount Dora | No | ||||||||||||||||||||||
26.10 | JPMCB | North Washington | No | ||||||||||||||||||||||
26.11 | JPMCB | Brandywyne | No | ||||||||||||||||||||||
26.12 | JPMCB | Landings | No | ||||||||||||||||||||||
26.13 | JPMCB | Country Place | No | ||||||||||||||||||||||
27 | Barclays | St. John Knits Campus | Yes | St. John Knits | 178,372 | 07/31/19 | |||||||||||||||||||
28 | Column | Westview Apartments | No | ||||||||||||||||||||||
29 | JPMCB | 1019 Market Street | No | Zendesk | 72,933 | 08/31/22 | The Chai Bar | 2,590 | 02/28/25 | ||||||||||||||||
30 | Barclays | Fordham Road Business Park | No | Red Thread | 136,216 | 06/30/16 | Rever Tech (aka BRTRL) | 45,000 | 02/28/18 | Accellent | 44,711 | 10/14/17 | |||||||||||||
31 | JPMCB | Renaissance Boca Raton | No | ||||||||||||||||||||||
32 | RAIT | Broadway Marketplace - Parcel 2,3,4 | No | Albertson’s | 50,645 | 05/31/19 | Office Max | 23,500 | 01/31/20 | Ace Hardware | 15,000 | 07/31/16 | |||||||||||||
33 | Barclays | Staybridge Suites Savannah Historic District | No | ||||||||||||||||||||||
34 | JPMCB | Metro Centre | No | Jo-Ann Fabrics | 20,200 | 01/31/22 | Naturally Yours Grocery | 9,000 | 10/31/25 | My Dog’s Bakery | 5,980 | 01/31/17 | |||||||||||||
35 | JPMCB | Hilton Garden Inn Tampa Riverview | No | ||||||||||||||||||||||
36 | GECC | Whispering Palms MHC/RV | No | ||||||||||||||||||||||
37 | RCMC | Hilton Garden Inn Westampton | No | ||||||||||||||||||||||
38 | GECC | Riverstone - Deer Creek MHC | No | ||||||||||||||||||||||
39 | RCMC | Eastwood Village Shopping Center | No | Ross Dress for Less | 30,063 | 01/31/18 | Office Depot | 20,898 | 09/30/18 | Party City | 15,000 | 12/31/17 | |||||||||||||
40 | JPMCB | Hilton Garden Inn Houston | No | ||||||||||||||||||||||
41 | RCMC | Westview Business Park | No | Airtron | 15,000 | 04/30/16 | Knight Sky | 12,840 | 09/30/24 | Bechtel National, Inc. | 12,840 | 01/31/18 | |||||||||||||
42 | RCMC | 10 New Road | No | Eaton Corporation | 145,997 | 01/31/28 | Aspen Aerogel | 128,000 | 03/31/19 | Teknicote, Inc. | 48,000 | 01/31/24 | |||||||||||||
43 | GECC | Residence Inn - Dover | No | ||||||||||||||||||||||
44 | Barclays | 33 Boston Post Road | No | Environmental Chemical Corp | 18,231 | 09/30/19 | Bay Path Elder Services | 13,838 | 07/31/18 | Broadridge Financial Solutions | 8,931 | 09/30/18 | |||||||||||||
45 | RAIT | Hampshire Park Apartments | No | ||||||||||||||||||||||
46 | GECC | 100 Provena Way | Yes | St. Mary’s Hospital | 39,590 | 11/30/29 | |||||||||||||||||||
47 | Column | Forest Cove | No | ETAS Inc | 22,000 | 03/31/16 | Enlighten | 21,014 | 01/31/17 | Grand River LLC | 8,987 | 05/31/16 | |||||||||||||
48 | JPMCB | Guardian Self Storage | No | ||||||||||||||||||||||
49 | JPMCB | Summer Chase | No | ||||||||||||||||||||||
50 | Barclays | Walden Park Shopping Center | No | HomeGoods, Inc. | 24,131 | 04/30/25 | Ulta Salon, Cosmetics & Fragrance, Inc. | 10,000 | 10/31/24 | Kirkland’s | 7,500 | 11/30/24 | |||||||||||||
51 | Column | Candlewood Suites Indianapolis Airport | No | ||||||||||||||||||||||
52 | RAIT | Lyncourt Apartments | No | ||||||||||||||||||||||
53 | RCMC | Mill Creek Crossing | No | Dollar Tree | 14,685 | 01/31/19 | Top Beauty Supply | 5,250 | 01/01/25 | Stevi B’s Pizza | 4,500 | 04/30/18 | |||||||||||||
54 | RAIT | Cypress Pointe | No | Massage Envy | 3,000 | 04/30/24 | Golden One Credit Union | 3,000 | 11/30/17 | Habit Burger | 2,253 | 11/30/23 | |||||||||||||
55 | RCMC | American Water Works | Yes | American Water Works | 64,053 | 01/31/20 | |||||||||||||||||||
56 | JPMCB | Gander Mountain | Yes | Gander Mountain | 226,756 | 07/31/24 |
A-1-17
ANNEX A-1 | |||||||||||||||||||||||||
LARGEST TENANT (3)(20)(21)(22) | 2nd LARGEST TENANT (3)(20)(21)(22) | 3rd LARGEST TENANT (3)(20)(21)(22) | |||||||||||||||||||||||
Single | Lease | Lease | Lease | ||||||||||||||||||||||
Loan # | Seller(1) | Property Name | Tenant | Largest Tenant | Unit Size | Expiration | 2nd Largest Tenant | Unit Size | Expiration | 3rd Largest Tenant | Unit Size | Expiration | |||||||||||||
57 | GECC | 153-157 West Ohio St | No | Leo J. Shapiro & Associates | 15,180 | 12/31/17 | Envision It Media, Inc. | 12,048 | 06/30/16 | PWC | 6,984 | 10/31/17 | |||||||||||||
58 | JPMCB | 3445 North Causeway | No | Louisiana Health Cooperative | 14,326 | 06/30/18 | WCS | 14,326 | 12/31/20 | AAA | 12,398 | 02/28/15 | |||||||||||||
59 | Barclays | Rockaway Shopping Center | No | Family Dollar | 8,500 | 06/30/18 | Wash & Fold Laundry | 4,400 | 03/31/19 | Redfern Drugs, Inc. | 2,000 | 06/30/18 | |||||||||||||
60 | RCMC | 701 Martinsville | Yes | Couch Braunsdorf Insurance Group, Inc. | 31,441 | 08/01/29 | |||||||||||||||||||
61 | RAIT | ATR Transmissions | Yes | ATR Transmissions | 92,636 | 07/31/26 | |||||||||||||||||||
62 | Column | Northridge Plaza | No | Lakeshore Learning Materials | 7,455 | 11/30/18 | Elite of Northridge | 6,020 | 07/31/18 | Mandarin King Restaurant | 4,560 | 04/30/19 | |||||||||||||
63 | Column | Copper Creek Apartments | No | ||||||||||||||||||||||
64 | RAIT | Cottages at Hooper Hill | No | ||||||||||||||||||||||
65 | RAIT | Tractor Supply - Flagstaff | Yes | Tractor Supply | 22,870 | 11/30/29 | |||||||||||||||||||
66 | GECC | Colonial Manor MHC | No | ||||||||||||||||||||||
67 | Column | Mobile Gardens MHC | No | ||||||||||||||||||||||
68 | GECC | Lakeshore - Summit Village/Blue Coral MHC Portfolio | No | ||||||||||||||||||||||
69 | Column | Harvard Court Townhouses | No |
A-1-18
ANNEX A-1 | |||||||||||||||||||
4th LARGEST TENANT (3)(20)(21)(22) | 5th LARGEST TENANT (3)(20)(21)(22) | ||||||||||||||||||
Lease | Lease | Loan | |||||||||||||||||
Loan # | Seller(1) | Property Name | 4th Largest Tenant | Unit Size | Expiration | 5th Largest Tenant | Unit Size | Expiration | Purpose | ||||||||||
1 | Column | 500 Fifth Avenue | Vince LLC | 33,009 | 04/30/25 | Lankler Siffert & Wohl | 23,957 | 05/31/23 | Refinance | ||||||||||
2 | JPMCB | 1515 Market | Service Employees International Union | 16,529 | 03/31/25 | Sweeney & Sheehan | 16,072 | 09/30/21 | Acquisition | ||||||||||
3 | JPMCB | Wells Fargo Center Tampa | Allegiant MD | 18,951 | 01/31/19 | Warren Averett | 18,743 | 08/31/18 | Acquisition | ||||||||||
4 | JPMCB | Heron Lakes | Kiewit | 21,923 | 06/30/19 | Art Institute | 20,711 | 06/30/19 | Refinance | ||||||||||
5 | JPMCB | Shaner Hotels Limited Service Portfolio | Refinance | ||||||||||||||||
5.01 | JPMCB | Holiday Inn Express - Charleston | |||||||||||||||||
5.02 | JPMCB | Courtyard - Mechanicsburg | |||||||||||||||||
5.03 | JPMCB | Courtyard - St. Augustine | |||||||||||||||||
5.04 | JPMCB | Fairfield Inn & Suites - Augusta | |||||||||||||||||
5.05 | JPMCB | Courtyard - Jacksonville - I295 East | |||||||||||||||||
5.06 | JPMCB | Fairfield Inn & Suites - Lakeland | |||||||||||||||||
5.07 | JPMCB | Fairfield Inn & Suites - St. Augustine | |||||||||||||||||
6 | Column | St. Louis Premium Outlets | Calvin Klein | 8,304 | 04/30/19 | Coach | 8,000 | 01/31/24 | Refinance | ||||||||||
7 | GECC | Centergy One | LA Fitness | 29,462 | 05/31/19 | Panasonic Automotive Systems | 8,998 | 05/31/17 | Refinance | ||||||||||
8 | JPMCB | The Outlet Shoppes of the Bluegrass | Polo Ralph Lauren | 12,317 | 01/31/25 | American Eagle | 9,194 | 01/31/20 | Refinance | ||||||||||
9 | Barclays | United Healthcare Office | Refinance | ||||||||||||||||
10 | JPMCB | 117 Kendrick Street | Firestone Financial | 17,057 | 05/31/25 | Food Should Taste Good, Inc | 16,911 | 07/31/16 | Acquisition | ||||||||||
11 | Column | The View & Legends | Refinance | ||||||||||||||||
11.01 | Column | View at Kessler Park | |||||||||||||||||
11.02 | Column | Legends on Lake Highlands | |||||||||||||||||
12 | RCMC | Arbor Gate | Dean Health System | 18,934 | 04/30/21 | Social Security Administration (ODAR) | 16,265 | 08/31/20 | Refinance | ||||||||||
13 | Column | Threshold Multifamily Portfolio II | Refinance | ||||||||||||||||
13.01 | Column | Gable Oaks | |||||||||||||||||
13.02 | Column | Sharon Pointe | |||||||||||||||||
13.03 | Column | Woodbrook | |||||||||||||||||
14 | JPMCB | Columbia Centre I & II | Rail Europe Inc. | 23,385 | 05/31/17 | AFCO Credit Corporation | 17,800 | 07/31/16 | Acquisition | ||||||||||
15 | Barclays | Holiday Inn & Suites Across from Universal Studios | Refinance | ||||||||||||||||
16 | Barclays | Belford Towers Apartments | Refinance | ||||||||||||||||
17 | JPMCB | Hyatt Regency Lexington | Acquisition | ||||||||||||||||
18 | Column | Threshold Multifamily Portfolio III | Refinance | ||||||||||||||||
18.01 | Column | Huntersville Apartments | |||||||||||||||||
18.02 | Column | Wexford Apartments | |||||||||||||||||
18.03 | Column | Davidson Apartments | |||||||||||||||||
18.04 | Column | Marion Ridge Apartments | |||||||||||||||||
19 | Barclays | West Shore Plaza Shopping Center | AC Moore | 20,428 | 04/30/15 | Modell’s Sporting Goods | 17,454 | 01/31/19 | Refinance | ||||||||||
20 | RCMC | 543 Howard | Refinance | ||||||||||||||||
21 | Barclays | International Corporate Center | Bank of Tokyo | 10,986 | 07/31/19 | Jarden Corp. | 9,664 | 02/28/20 | Acquisition | ||||||||||
22 | JPMCB | Marriott Fort Lauderdale | Acquisition | ||||||||||||||||
23 | Barclays | Dedham Place | Hart Associates | 13,869 | 09/30/19 | ARC Advisory Group | 12,500 | 03/31/15 | Acquisition | ||||||||||
24 | RCMC | Eagle View Apartments | Refinance | ||||||||||||||||
25 | RAIT | Newington Commons | Michaels Stores | 18,301 | 02/29/16 | Petco | 15,733 | 12/31/17 | Refinance | ||||||||||
26 | JPMCB | Florida Multifamily Portfolio | Acquisition | ||||||||||||||||
26.01 | JPMCB | Lakeland Manor | |||||||||||||||||
26.02 | JPMCB | Kings Trail | |||||||||||||||||
26.03 | JPMCB | Rolling Hills | |||||||||||||||||
26.04 | JPMCB | Bella Mar I & II | |||||||||||||||||
26.05 | JPMCB | Jacksonville Heights | |||||||||||||||||
26.06 | JPMCB | Del Rio | |||||||||||||||||
26.07 | JPMCB | Lago Bello | |||||||||||||||||
26.08 | JPMCB | Tanglewood | |||||||||||||||||
26.09 | JPMCB | Mount Dora | |||||||||||||||||
26.10 | JPMCB | North Washington | |||||||||||||||||
26.11 | JPMCB | Brandywyne | |||||||||||||||||
26.12 | JPMCB | Landings | |||||||||||||||||
26.13 | JPMCB | Country Place | |||||||||||||||||
27 | Barclays | St. John Knits Campus | Refinance | ||||||||||||||||
28 | Column | Westview Apartments | Acquisition | ||||||||||||||||
29 | JPMCB | 1019 Market Street | Acquisition | ||||||||||||||||
30 | Barclays | Fordham Road Business Park | World Travel Holdings, Inc | 20,810 | 01/31/17 | Refinance | |||||||||||||
31 | JPMCB | Renaissance Boca Raton | Acquisition | ||||||||||||||||
32 | RAIT | Broadway Marketplace - Parcel 2,3,4 | Dollar Tree | 9,439 | 01/31/17 | Visionworks | 4,956 | 09/30/18 | Refinance | ||||||||||
33 | Barclays | Staybridge Suites Savannah Historic District | Acquisition | ||||||||||||||||
34 | JPMCB | Metro Centre | Peoria Camera | 5,625 | 08/31/17 | Alexander Travel | 5,625 | 08/31/16 | Refinance | ||||||||||
35 | JPMCB | Hilton Garden Inn Tampa Riverview | Refinance | ||||||||||||||||
36 | GECC | Whispering Palms MHC/RV | Refinance | ||||||||||||||||
37 | RCMC | Hilton Garden Inn Westampton | Refinance | ||||||||||||||||
38 | GECC | Riverstone - Deer Creek MHC | Refinance | ||||||||||||||||
39 | RCMC | Eastwood Village Shopping Center | Tuesday Morning | 15,000 | 01/31/18 | Shoe Carnival | 12,500 | 01/31/18 | Acquisition | ||||||||||
40 | JPMCB | Hilton Garden Inn Houston | Refinance | ||||||||||||||||
41 | RCMC | Westview Business Park | HVAC Concepts | 8,520 | 02/28/25 | Performance Automatic | 7,515 | 07/31/22 | Refinance | ||||||||||
42 | RCMC | 10 New Road | Acquisition | ||||||||||||||||
43 | GECC | Residence Inn - Dover | Refinance | ||||||||||||||||
44 | Barclays | 33 Boston Post Road | Law offices of Gary Kreppel | 5,714 | 12/31/16 | Quest Diagnostics | 5,287 | 08/09/15 | Refinance | ||||||||||
45 | RAIT | Hampshire Park Apartments | Acquisition | ||||||||||||||||
46 | GECC | 100 Provena Way | Refinance | ||||||||||||||||
47 | Column | Forest Cove | Nederveld Associates Sur | 3,925 | 12/31/18 | Seasons Hospice & Palliati | 3,668 | 06/30/15 | Refinance | ||||||||||
48 | JPMCB | Guardian Self Storage | Refinance | ||||||||||||||||
49 | JPMCB | Summer Chase | Acquisition | ||||||||||||||||
50 | Barclays | Walden Park Shopping Center | Subway | 2,000 | 07/31/21 | Ardalan Zahedi DDS PLLC | 1,700 | 03/31/21 | Refinance | ||||||||||
51 | Column | Candlewood Suites Indianapolis Airport | Acquisition | ||||||||||||||||
52 | RAIT | Lyncourt Apartments | Refinance | ||||||||||||||||
53 | RCMC | Mill Creek Crossing | Viva Mexico Restaurant | 4,200 | 06/30/24 | Payless Shoes | 3,500 | 01/31/19 | Refinance | ||||||||||
54 | RAIT | Cypress Pointe | Redding Fam Chiropractic | 1,750 | 08/31/16 | Starbucks | 1,500 | 02/28/18 | Refinance | ||||||||||
55 | RCMC | American Water Works | Acquisition | ||||||||||||||||
56 | JPMCB | Gander Mountain | Acquisition |
A-1-19
ANNEX A-1 | |||||||||||||||||||
4th LARGEST TENANT (3)(20)(21)(22) | 5th LARGEST TENANT (3)(20)(21)(22) | ||||||||||||||||||
Lease | Lease | Loan | |||||||||||||||||
Loan # | Seller(1) | Property Name | 4th Largest Tenant | Unit Size | Expiration | 5th Largest Tenant | Unit Size | Expiration | Purpose | ||||||||||
57 | GECC | 153-157 West Ohio St | Avant Communications, Inc. | 5,500 | 01/31/17 | Sommerset Group | 606 | 10/31/17 | Acquisition | ||||||||||
58 | JPMCB | 3445 North Causeway | G.E.C. | 10,055 | 12/31/16 | Compass Capital Management | 8,962 | 11/30/19 | Refinance | ||||||||||
59 | Barclays | Rockaway Shopping Center | Happy Six Restaurant | 1,250 | 05/31/18 | Fish & Dish | 1,200 | 09/30/18 | Acquisition | ||||||||||
60 | RCMC | 701 Martinsville | Refinance | ||||||||||||||||
61 | RAIT | ATR Transmissions | Refinance | ||||||||||||||||
62 | Column | Northridge Plaza | Ocean Café | 4,350 | 12/31/18 | Education Management | 1,425 | 07/31/15 | Refinance | ||||||||||
63 | Column | Copper Creek Apartments | Acquisition | ||||||||||||||||
64 | RAIT | Cottages at Hooper Hill | Refinance | ||||||||||||||||
65 | RAIT | Tractor Supply - Flagstaff | Acquisition | ||||||||||||||||
66 | GECC | Colonial Manor MHC | Refinance | ||||||||||||||||
67 | Column | Mobile Gardens MHC | Refinance | ||||||||||||||||
68 | GECC | Lakeshore - Summit Village/Blue Coral MHC Portfolio | Refinance | ||||||||||||||||
69 | Column | Harvard Court Townhouses | Refinance |
A-1-20
ANNEX A-1 | |||||||||||||||||||||
Pari Passu Debt | |||||||||||||||||||||
Pari | Pari Passu | Pari Passu | Pari Passu | Total Cut-off | |||||||||||||||||
Lockbox | Lockbox | Passu | Note Control | Piece In Trust | Piece Non Trust | Date Pari | |||||||||||||||
Loan # | Seller(1) | Property Name | Principal / Carveout Guarantor(23) | (Y/N) | Type(24) | (Y/N) | (Y/N) | Cut-Off Balance | Cut-Off Balance | Passu Debt | |||||||||||
1 | Column | 500 Fifth Avenue | 500 Holdings, Inc. | Yes | CMA | Yes | Yes | 100,000,000 | 100,000,000 | 200,000,000 | |||||||||||
2 | JPMCB | 1515 Market | Accesso Investment Properties V, LLLP, Accesso Investment Properties V (US), LLLP | Yes | Hard | No | NAP | NAP | NAP | NAP | |||||||||||
3 | JPMCB | Wells Fargo Center Tampa | Greenfield Acquisition Partners VII, L.P. | Yes | Hard | No | NAP | NAP | NAP | NAP | |||||||||||
4 | JPMCB | Heron Lakes | Mohammad Nasr | Yes | Hard | No | NAP | NAP | NAP | NAP | |||||||||||
5 | JPMCB | Shaner Hotels Limited Service Portfolio | Lance T. Shaner | Yes | Hard | No | NAP | NAP | NAP | NAP | |||||||||||
5.01 | JPMCB | Holiday Inn Express - Charleston | |||||||||||||||||||
5.02 | JPMCB | Courtyard - Mechanicsburg | |||||||||||||||||||
5.03 | JPMCB | Courtyard - St. Augustine | |||||||||||||||||||
5.04 | JPMCB | Fairfield Inn & Suites - Augusta | |||||||||||||||||||
5.05 | JPMCB | Courtyard - Jacksonville - I295 East | |||||||||||||||||||
5.06 | JPMCB | Fairfield Inn & Suites - Lakeland | |||||||||||||||||||
5.07 | JPMCB | Fairfield Inn & Suites - St. Augustine | |||||||||||||||||||
6 | Column | St. Louis Premium Outlets | Simon/Woodmont Development, LLC | Yes | CMA | Yes | Yes | 47,500,000 | 47,500,000 | 95,000,000 | |||||||||||
7 | GECC | Centergy One | David Richard Tyndall, Marvin McKemie Reese | Yes | Hard | No | NAP | NAP | NAP | NAP | |||||||||||
8 | JPMCB | The Outlet Shoppes of the Bluegrass | CBL & Associates Limited Partnership, Horizon Group Properties, L.P. | Yes | CMA | Yes | Yes | 45,000,000 | 32,500,000 | 77,500,000 | |||||||||||
9 | Barclays | United Healthcare Office | Lloyd W. Kendall, Jr. | Yes | Hard | No | NAP | NAP | NAP | NAP | |||||||||||
10 | JPMCB | 117 Kendrick Street | BRI 3 Holdings, LLC | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
11 | Column | The View & Legends | Charles F. Hill, Edward P. Lorin, The Hill Family Living Trust, The Lorin Family Trust | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
11.01 | Column | View at Kessler Park | |||||||||||||||||||
11.02 | Column | Legends on Lake Highlands | |||||||||||||||||||
12 | RCMC | Arbor Gate | Patrick J. Baxter, Bradley L. Hutter | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
13 | Column | Threshold Multifamily Portfolio II | Brian A. Martin | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
13.01 | Column | Gable Oaks | |||||||||||||||||||
13.02 | Column | Sharon Pointe | |||||||||||||||||||
13.03 | Column | Woodbrook | |||||||||||||||||||
14 | JPMCB | Columbia Centre I & II | Adventus Holdings LP | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
15 | Barclays | Holiday Inn & Suites Across from Universal Studios | Allan V. Rose | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
16 | Barclays | Belford Towers Apartments | David Lichtenstein | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
17 | JPMCB | Hyatt Regency Lexington | TH Investment Holdings II, LLC | Yes | Hard | No | NAP | NAP | NAP | NAP | |||||||||||
18 | Column | Threshold Multifamily Portfolio III | Brian A. Martin | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
18.01 | Column | Huntersville Apartments | |||||||||||||||||||
18.02 | Column | Wexford Apartments | |||||||||||||||||||
18.03 | Column | Davidson Apartments | |||||||||||||||||||
18.04 | Column | Marion Ridge Apartments | |||||||||||||||||||
19 | Barclays | West Shore Plaza Shopping Center | Stanley Cayre, Harry Adjmi | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
20 | RCMC | 543 Howard | Erik G. Robbins, James S. Robbins, Sandra G. Robbins, James S. Robbins and Sandra G. Robbins as trustees of the Robbins Family Trust Dated May 21, 1982 | Yes | Hard | No | NAP | NAP | NAP | NAP | |||||||||||
21 | Barclays | International Corporate Center | Vill-Shepherd Equities Corp. | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
22 | JPMCB | Marriott Fort Lauderdale | TH Investment Holdings II, LLC | Yes | Hard | No | NAP | NAP | NAP | NAP | |||||||||||
23 | Barclays | Dedham Place | Kambiz Shahbazi | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
24 | RCMC | Eagle View Apartments | Edward Allen Bell | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
25 | RAIT | Newington Commons | Robert M. Fishbein, Richard Schlanger | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
26 | JPMCB | Florida Multifamily Portfolio | Adam M. Hendry | Yes | Soft | Yes | No | 22,300,000 | 35,000,000 | 57,300,000 | |||||||||||
26.01 | JPMCB | Lakeland Manor | |||||||||||||||||||
26.02 | JPMCB | Kings Trail | |||||||||||||||||||
26.03 | JPMCB | Rolling Hills | |||||||||||||||||||
26.04 | JPMCB | Bella Mar I & II | |||||||||||||||||||
26.05 | JPMCB | Jacksonville Heights | |||||||||||||||||||
26.06 | JPMCB | Del Rio | |||||||||||||||||||
26.07 | JPMCB | Lago Bello | |||||||||||||||||||
26.08 | JPMCB | Tanglewood | |||||||||||||||||||
26.09 | JPMCB | Mount Dora | |||||||||||||||||||
26.10 | JPMCB | North Washington | |||||||||||||||||||
26.11 | JPMCB | Brandywyne | |||||||||||||||||||
26.12 | JPMCB | Landings | |||||||||||||||||||
26.13 | JPMCB | Country Place | |||||||||||||||||||
27 | Barclays | St. John Knits Campus | John R. Saunders | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
28 | Column | Westview Apartments | Edward I. Biskind | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
29 | JPMCB | 1019 Market Street | RREEF Investment GmbH | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
30 | Barclays | Fordham Road Business Park | Kambiz Shahbazi | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
31 | JPMCB | Renaissance Boca Raton | TH Investments Holdings II, LLC | Yes | Hard | No | NAP | NAP | NAP | NAP | |||||||||||
32 | RAIT | Broadway Marketplace - Parcel 2,3,4 | Warren P. Cohen, James Frank, The Warren P. Cohen Beneficial Trust | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
33 | Barclays | Staybridge Suites Savannah Historic District | Carey Watermark Investors Incorporated | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
34 | JPMCB | Metro Centre | Eric Brinker, Lawrence Bernick | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
35 | JPMCB | Hilton Garden Inn Tampa Riverview | Gerald L. Sapp | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
36 | GECC | Whispering Palms MHC/RV | Julio C. Jaramillo | No | None | No | NAP | NAP | NAP | NAP | |||||||||||
37 | RCMC | Hilton Garden Inn Westampton | DRL, LLC | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
38 | GECC | Riverstone - Deer Creek MHC | James L. Bellinson | No | None | No | NAP | NAP | NAP | NAP | |||||||||||
39 | RCMC | Eastwood Village Shopping Center | James J. Morrison, Jr. | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
40 | JPMCB | Hilton Garden Inn Houston | Vikram Patel Family, LTD. | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
41 | RCMC | Westview Business Park | Edward St. John, LLC | No | None | No | NAP | NAP | NAP | NAP | |||||||||||
42 | RCMC | 10 New Road | Donald A. Levine, Lewis Heafitz, Bruce Levine | Yes | Hard | No | NAP | NAP | NAP | NAP | |||||||||||
43 | GECC | Residence Inn - Dover | Jayendra Sonecha | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
44 | Barclays | 33 Boston Post Road | Kambiz Shahbazi | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
45 | RAIT | Hampshire Park Apartments | Bryan Pritchard, Matthew G. Van Arkel | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
46 | GECC | 100 Provena Way | Paul B. Reisman, Steven M. Reisman, George Allen | Yes | Hard | No | NAP | NAP | NAP | NAP | |||||||||||
47 | Column | Forest Cove | John P. Damico | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
48 | JPMCB | Guardian Self Storage | Steven H. Cohen | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
49 | JPMCB | Summer Chase | W. Leonard Blevins, Gary Shahid, Anthony Kassis, Timothy J. Burns, Jim A. Hearn, William Saul, Ernest Johnson | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
50 | Barclays | Walden Park Shopping Center | Bruce Weiner | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
51 | Column | Candlewood Suites Indianapolis Airport | Vamsikrishna Bonthala, Sheenal Patel | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
52 | RAIT | Lyncourt Apartments | Svein Dyrkolbotn, Will Olinger | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
53 | RCMC | Mill Creek Crossing | Ernest W. Livingston, Jr. | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
54 | RAIT | Cypress Pointe | Thomas A. Lynch, Thomas A. Lynch as Trustee of the Thomas A. Lynch 2007 Living Trust | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
55 | RCMC | American Water Works | Abraham Horowitz, Charles A. Moskovits | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
56 | JPMCB | Gander Mountain | Four Springs Capital Trust Operating Partnership, L.P. | Yes | Hard | No | NAP | NAP | NAP | NAP |
A-1-21
ANNEX A-1 | |||||||||||||||||||||
Pari Passu Debt | |||||||||||||||||||||
Pari | Pari Passu | Pari Passu | Pari Passu | Total Cut-off | |||||||||||||||||
Lockbox | Lockbox | Passu | Note Control | Piece In Trust | Piece Non Trust | Date Pari | |||||||||||||||
Loan # | Seller(1) | Property Name | Principal / Carveout Guarantor(23) | (Y/N) | Type(24) | (Y/N) | (Y/N) | Cut-Off Balance | Cut-Off Balance | Passu Debt | |||||||||||
57 | GECC | 153-157 West Ohio St | Paul B. Reisman, Steven M. Reisman | Yes | Hard | No | NAP | NAP | NAP | NAP | |||||||||||
58 | JPMCB | 3445 North Causeway | Jeffrey Feil | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
59 | Barclays | Rockaway Shopping Center | Louis Romano | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
60 | RCMC | 701 Martinsville | James L. Johnston | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
61 | RAIT | ATR Transmissions | Richard Kuempel, Deanna Kuempel | Yes | CMA | No | NAP | NAP | NAP | NAP | |||||||||||
62 | Column | Northridge Plaza | Dennis Needleman | Yes | Hard | No | NAP | NAP | NAP | NAP | |||||||||||
63 | Column | Copper Creek Apartments | Todd Kaufman | Yes | Soft | No | NAP | NAP | NAP | NAP | |||||||||||
64 | RAIT | Cottages at Hooper Hill | Sidney G. Brian | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
65 | RAIT | Tractor Supply - Flagstaff | Investors Associated, LLP | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
66 | GECC | Colonial Manor MHC | Philip A. Hoon | No | None | No | NAP | NAP | NAP | NAP | |||||||||||
67 | Column | Mobile Gardens MHC | Richard M. Nodel | Yes | Springing | No | NAP | NAP | NAP | NAP | |||||||||||
68 | GECC | Lakeshore - Summit Village/Blue Coral MHC Portfolio | Joseph I. Wolf | No | None | No | NAP | NAP | NAP | NAP | |||||||||||
69 | Column | Harvard Court Townhouses | Todd Kaufman | Yes | CMA | No | NAP | NAP | NAP | NAP |
A-1-22
ANNEX A-1 | ||||||||||||||||||||||||
Additional Debt | Total Debt | |||||||||||||||||||||||
Additional | Total Debt | Total Debt | ||||||||||||||||||||||
Addit Debt | Addit Debt | Additional | Debt Cut off | Additional Debt | Total Debt | UW NCF | Total Debt | UW NOI | ||||||||||||||||
Loan # | Seller(1) | Property Name | Permitted (Y/N) | Exist (Y/N)(25) | Debt Type(s) | Date Balance | Interest Rate | Cut-off Balance | DSCR | Current LTV % | Debt Yield % | |||||||||||||
1 | Column | 500 Fifth Avenue | No | No | NAP | NAP | NAP | 200,000,000 | 3.37 | 33.3% | 13.7% | |||||||||||||
2 | JPMCB | 1515 Market | No | Yes | Mezzanine Loan | 8,500,000 | 10.00000 | 72,250,000 | 1.22 | 83.0% | 9.1% | |||||||||||||
3 | JPMCB | Wells Fargo Center Tampa | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
4 | JPMCB | Heron Lakes | No | Yes | Mezzanine Loan | 7,000,000 | 10.10000 | 59,000,000 | 1.11 | 83.1% | 8.2% | |||||||||||||
5 | JPMCB | Shaner Hotels Limited Service Portfolio | No | Yes | Mezzanine Loan | 8,050,000 | 10.00000 | 57,800,000 | 1.38 | 80.0% | 9.2% | |||||||||||||
5.01 | JPMCB | Holiday Inn Express - Charleston | 1.38 | 80.0% | 9.2% | |||||||||||||||||||
5.02 | JPMCB | Courtyard - Mechanicsburg | 1.38 | 80.0% | 9.2% | |||||||||||||||||||
5.03 | JPMCB | Courtyard - St. Augustine | 1.38 | 80.0% | 9.2% | |||||||||||||||||||
5.04 | JPMCB | Fairfield Inn & Suites - Augusta | 1.38 | 80.0% | 9.2% | |||||||||||||||||||
5.05 | JPMCB | Courtyard - Jacksonville - I295 East | 1.38 | 80.0% | 9.2% | |||||||||||||||||||
5.06 | JPMCB | Fairfield Inn & Suites - Lakeland | 1.38 | 80.0% | 9.2% | |||||||||||||||||||
5.07 | JPMCB | Fairfield Inn & Suites - St. Augustine | 1.38 | 80.0% | 9.2% | |||||||||||||||||||
6 | Column | St. Louis Premium Outlets | No | No | NAP | NAP | NAP | 95,000,000 | 1.41 | 71.6% | 8.6% | |||||||||||||
7 | GECC | Centergy One | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
8 | JPMCB | The Outlet Shoppes of the Bluegrass | No | No | NAP | NAP | NAP | 77,500,000 | 1.83 | 63.0% | 11.3% | |||||||||||||
9 | Barclays | United Healthcare Office | No | Yes | Mezzanine Loan | 9,000,000 | 10.50000 | 51,000,000 | 1.37 | 85.0% | 8.1% | |||||||||||||
10 | JPMCB | 117 Kendrick Street | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
11 | Column | The View & Legends | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
11.01 | Column | View at Kessler Park | NAP | NAP | NAP | |||||||||||||||||||
11.02 | Column | Legends on Lake Highlands | NAP | NAP | NAP | |||||||||||||||||||
12 | RCMC | Arbor Gate | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
13 | Column | Threshold Multifamily Portfolio II | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
13.01 | Column | Gable Oaks | NAP | NAP | NAP | |||||||||||||||||||
13.02 | Column | Sharon Pointe | NAP | NAP | NAP | |||||||||||||||||||
13.03 | Column | Woodbrook | NAP | NAP | NAP | |||||||||||||||||||
14 | JPMCB | Columbia Centre I & II | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
15 | Barclays | Holiday Inn & Suites Across from Universal Studios | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
16 | Barclays | Belford Towers Apartments | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
17 | JPMCB | Hyatt Regency Lexington | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
18 | Column | Threshold Multifamily Portfolio III | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
18.01 | Column | Huntersville Apartments | NAP | NAP | NAP | |||||||||||||||||||
18.02 | Column | Wexford Apartments | NAP | NAP | NAP | |||||||||||||||||||
18.03 | Column | Davidson Apartments | NAP | NAP | NAP | |||||||||||||||||||
18.04 | Column | Marion Ridge Apartments | NAP | NAP | NAP | |||||||||||||||||||
19 | Barclays | West Shore Plaza Shopping Center | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
20 | RCMC | 543 Howard | No | Yes | B-Note | 10,000,000 | 5.00000 | 40,798,301 | 1.19 | 74.4% | 8.6% | |||||||||||||
21 | Barclays | International Corporate Center | Yes | No | Permitted Mezzanine | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
22 | JPMCB | Marriott Fort Lauderdale | No | Yes | Mezzanine Loan | 4,000,000 | 10.00000 | 29,950,000 | 1.31 | 72.7% | 8.8% | |||||||||||||
23 | Barclays | Dedham Place | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
24 | RCMC | Eagle View Apartments | No | Yes | Mezzanine Loan | 3,200,000 | 10.00000 | 27,200,000 | 1.22 | 82.4% | 8.2% | |||||||||||||
25 | RAIT | Newington Commons | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
26 | JPMCB | Florida Multifamily Portfolio | No | Yes | Mezzanine Loan | 12,000,000 | 11.00000 | 69,300,000 | 1.34 | 80.0% | 10.6% | |||||||||||||
26.01 | JPMCB | Lakeland Manor | 1.34 | 80.0% | 10.6% | |||||||||||||||||||
26.02 | JPMCB | Kings Trail | 1.34 | 80.0% | 10.6% | |||||||||||||||||||
26.03 | JPMCB | Rolling Hills | 1.34 | 80.0% | 10.6% | |||||||||||||||||||
26.04 | JPMCB | Bella Mar I & II | 1.34 | 80.0% | 10.6% | |||||||||||||||||||
26.05 | JPMCB | Jacksonville Heights | 1.34 | 80.0% | 10.6% | |||||||||||||||||||
26.06 | JPMCB | Del Rio | 1.34 | 80.0% | 10.6% | |||||||||||||||||||
26.07 | JPMCB | Lago Bello | 1.34 | 80.0% | 10.6% | |||||||||||||||||||
26.08 | JPMCB | Tanglewood | 1.34 | 80.0% | 10.6% | |||||||||||||||||||
26.09 | JPMCB | Mount Dora | 1.34 | 80.0% | 10.6% | |||||||||||||||||||
26.10 | JPMCB | North Washington | 1.34 | 80.0% | 10.6% | |||||||||||||||||||
26.11 | JPMCB | Brandywyne | 1.34 | 80.0% | 10.6% | |||||||||||||||||||
26.12 | JPMCB | Landings | 1.34 | 80.0% | 10.6% | |||||||||||||||||||
26.13 | JPMCB | Country Place | 1.34 | 80.0% | 10.6% | |||||||||||||||||||
27 | Barclays | St. John Knits Campus | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
28 | Column | Westview Apartments | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
29 | JPMCB | 1019 Market Street | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
30 | Barclays | Fordham Road Business Park | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
31 | JPMCB | Renaissance Boca Raton | No | Yes | Mezzanine Loan | 4,000,000 | 10.00000 | 22,450,000 | 1.27 | 72.2% | 8.7% | |||||||||||||
32 | RAIT | Broadway Marketplace - Parcel 2,3,4 | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
33 | Barclays | Staybridge Suites Savannah Historic District | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
34 | JPMCB | Metro Centre | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
35 | JPMCB | Hilton Garden Inn Tampa Riverview | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
36 | GECC | Whispering Palms MHC/RV | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
37 | RCMC | Hilton Garden Inn Westampton | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
38 | GECC | Riverstone - Deer Creek MHC | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
39 | RCMC | Eastwood Village Shopping Center | No | Yes | Mezzanine Loan | 1,600,000 | 10.00000 | 14,500,000 | 1.41 | 84.1% | 10.1% | |||||||||||||
40 | JPMCB | Hilton Garden Inn Houston | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
41 | RCMC | Westview Business Park | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
42 | RCMC | 10 New Road | No | Yes | Mezzanine Loan | 1,370,000 | 10.00000 | 11,120,000 | 1.41 | 82.4% | 10.2% | |||||||||||||
43 | GECC | Residence Inn - Dover | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
44 | Barclays | 33 Boston Post Road | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
45 | RAIT | Hampshire Park Apartments | No | Yes | Mezzanine Loan | 900,000 | 10.01500 | 9,900,000 | 1.27 | 84.4% | 8.8% | |||||||||||||
46 | GECC | 100 Provena Way | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
47 | Column | Forest Cove | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
48 | JPMCB | Guardian Self Storage | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
49 | JPMCB | Summer Chase | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
50 | Barclays | Walden Park Shopping Center | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
51 | Column | Candlewood Suites Indianapolis Airport | Yes | No | Permitted Mezzanine, Permitted Subordinate Secured Debt | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
52 | RAIT | Lyncourt Apartments | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
53 | RCMC | Mill Creek Crossing | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
54 | RAIT | Cypress Pointe | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
55 | RCMC | American Water Works | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
56 | JPMCB | Gander Mountain | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-23
ANNEX A-1 | ||||||||||||||||||||||||
Additional Debt | Total Debt | |||||||||||||||||||||||
Additional | Total Debt | Total Debt | ||||||||||||||||||||||
Addit Debt | Addit Debt | Additional | Debt Cut off | Additional Debt | Total Debt | UW NCF | Total Debt | UW NOI | ||||||||||||||||
Loan # | Seller(1) | Property Name | Permitted (Y/N) | Exist (Y/N)(25) | Debt Type(s) | Date Balance | Interest Rate | Cut-off Balance | DSCR | Current LTV % | Debt Yield % | |||||||||||||
57 | GECC | 153-157 West Ohio St | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
58 | JPMCB | 3445 North Causeway | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
59 | Barclays | Rockaway Shopping Center | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
60 | RCMC | 701 Martinsville | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
61 | RAIT | ATR Transmissions | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
62 | Column | Northridge Plaza | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
63 | Column | Copper Creek Apartments | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
64 | RAIT | Cottages at Hooper Hill | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
65 | RAIT | Tractor Supply - Flagstaff | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
66 | GECC | Colonial Manor MHC | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
67 | Column | Mobile Gardens MHC | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
68 | GECC | Lakeshore - Summit Village/Blue Coral MHC Portfolio | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
69 | Column | Harvard Court Townhouses | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-24
ANNEX A-1 | ||||||||||||||||||||||||||||||||||||||
HOTEL OPERATING STATISTICS | ||||||||||||||||||||||||||||||||||||||
2011 | 2011 | 2011 | 2012 | 2012 | 2012 | 2013 | 2013 | 2013 | Most Recent | Most Recent | Most Recent | UW | UW | UW | ||||||||||||||||||||||||
Loan # | Seller(1) | Property Name | Occupancy % | ADR ($) | RevPAR ($) | Occupancy % | ADR ($) | RevPAR ($) | Occupancy % | ADR ($) | RevPAR ($) | Occupancy % | ADR ($) | RevPAR ($) | Occupancy % | ADR ($) | RevPAR ($) | Loan # | ||||||||||||||||||||
1 | Column | 500 Fifth Avenue | 1 | |||||||||||||||||||||||||||||||||||
2 | JPMCB | 1515 Market | 2 | |||||||||||||||||||||||||||||||||||
3 | JPMCB | Wells Fargo Center Tampa | 3 | |||||||||||||||||||||||||||||||||||
4 | JPMCB | Heron Lakes | 4 | |||||||||||||||||||||||||||||||||||
5 | JPMCB | Shaner Hotels Limited Service Portfolio | 68.4% | 88.27 | 60.36 | 72.0% | 90.85 | 65.42 | 72.1% | 93.48 | 67.41 | 73.4% | 96.93 | 71.11 | 73.4% | 96.93 | 71.11 | 5 | ||||||||||||||||||||
5.01 | JPMCB | Holiday Inn Express - Charleston | 69.4% | 82.34 | 57.13 | 69.1% | 85.82 | 59.32 | 69.3% | 85.64 | 59.33 | 68.6% | 86.82 | 59.53 | 68.6% | 86.82 | 59.53 | 5.01 | ||||||||||||||||||||
5.02 | JPMCB | Courtyard - Mechanicsburg | 74.5% | 109.85 | 81.84 | 76.4% | 110.15 | 84.19 | 75.0% | 114.72 | 86.00 | 75.8% | 115.32 | 87.47 | 75.8% | 115.32 | 87.47 | 5.02 | ||||||||||||||||||||
5.03 | JPMCB | Courtyard - St. Augustine | 63.8% | 87.28 | 55.65 | 71.0% | 92.27 | 65.55 | 73.8% | 95.10 | 70.17 | 76.5% | 99.56 | 76.17 | 76.5% | 99.56 | 76.17 | 5.03 | ||||||||||||||||||||
5.04 | JPMCB | Fairfield Inn & Suites - Augusta | 75.8% | 95.55 | 72.39 | 74.1% | 100.14 | 74.24 | 70.5% | 107.29 | 75.59 | 72.3% | 108.78 | 78.64 | 72.3% | 108.78 | 78.64 | 5.04 | ||||||||||||||||||||
5.05 | JPMCB | Courtyard - Jacksonville - I295 East | 66.6% | 85.07 | 56.62 | 78.8% | 79.96 | 63.00 | 72.9% | 82.17 | 59.86 | 74.0% | 90.33 | 66.82 | 74.0% | 90.33 | 66.82 | 5.05 | ||||||||||||||||||||
5.06 | JPMCB | Fairfield Inn & Suites - Lakeland | 63.2% | 82.63 | 52.23 | 66.5% | 90.91 | 60.46 | 69.5% | 91.67 | 63.75 | 72.1% | 96.70 | 69.68 | 72.1% | 96.70 | 69.68 | 5.06 | ||||||||||||||||||||
5.07 | JPMCB | Fairfield Inn & Suites - St. Augustine | 65.0% | 78.21 | 50.85 | 70.8% | 82.26 | 58.22 | 77.2% | 87.21 | 67.35 | 80.0% | 91.94 | 73.55 | 80.0% | 91.94 | 73.55 | 5.07 | ||||||||||||||||||||
6 | Column | St. Louis Premium Outlets | 6 | |||||||||||||||||||||||||||||||||||
7 | GECC | Centergy One | 7 | |||||||||||||||||||||||||||||||||||
8 | JPMCB | The Outlet Shoppes of the Bluegrass | 8 | |||||||||||||||||||||||||||||||||||
9 | Barclays | United Healthcare Office | 9 | |||||||||||||||||||||||||||||||||||
10 | JPMCB | 117 Kendrick Street | 10 | |||||||||||||||||||||||||||||||||||
11 | Column | The View & Legends | 11 | |||||||||||||||||||||||||||||||||||
11.01 | Column | View at Kessler Park | 11.01 | |||||||||||||||||||||||||||||||||||
11.02 | Column | Legends on Lake Highlands | 11.02 | |||||||||||||||||||||||||||||||||||
12 | RCMC | Arbor Gate | 12 | |||||||||||||||||||||||||||||||||||
13 | Column | Threshold Multifamily Portfolio II | 13 | |||||||||||||||||||||||||||||||||||
13.01 | Column | Gable Oaks | 13.01 | |||||||||||||||||||||||||||||||||||
13.02 | Column | Sharon Pointe | 13.02 | |||||||||||||||||||||||||||||||||||
13.03 | Column | Woodbrook | 13.03 | |||||||||||||||||||||||||||||||||||
14 | JPMCB | Columbia Centre I & II | 14 | |||||||||||||||||||||||||||||||||||
15 | Barclays | Holiday Inn & Suites Across from Universal Studios | 73.3% | 88.69 | 64.97 | 68.8% | 81.43 | 56.06 | 81.3% | 76.84 | 62.50 | 88.1% | 78.83 | 69.47 | 86.0% | 80.78 | 69.47 | 15 | ||||||||||||||||||||
16 | Barclays | Belford Towers Apartments | 16 | |||||||||||||||||||||||||||||||||||
17 | JPMCB | Hyatt Regency Lexington | 61.5% | 117.01 | 71.91 | 59.3% | 122.47 | 72.60 | 62.4% | 127.82 | 79.77 | 66.1% | 127.26 | 84.14 | 64.7% | 128.20 | 82.97 | 17 | ||||||||||||||||||||
18 | Column | Threshold Multifamily Portfolio III | 18 | |||||||||||||||||||||||||||||||||||
18.01 | Column | Huntersville Apartments | 18.01 | |||||||||||||||||||||||||||||||||||
18.02 | Column | Wexford Apartments | 18.02 | |||||||||||||||||||||||||||||||||||
18.03 | Column | Davidson Apartments | 18.03 | |||||||||||||||||||||||||||||||||||
18.04 | Column | Marion Ridge Apartments | 18.04 | |||||||||||||||||||||||||||||||||||
19 | Barclays | West Shore Plaza Shopping Center | 19 | |||||||||||||||||||||||||||||||||||
20 | RCMC | 543 Howard | 20 | |||||||||||||||||||||||||||||||||||
21 | Barclays | International Corporate Center | 21 | |||||||||||||||||||||||||||||||||||
22 | JPMCB | Marriott Fort Lauderdale | 78.1% | 99.90 | 77.99 | 75.8% | 108.22 | 82.04 | 76.0% | 111.86 | 85.04 | 73.7% | 120.98 | 89.18 | 73.7% | 120.98 | 89.18 | 22 | ||||||||||||||||||||
23 | Barclays | Dedham Place | 23 | |||||||||||||||||||||||||||||||||||
24 | RCMC | Eagle View Apartments | 24 | |||||||||||||||||||||||||||||||||||
25 | RAIT | Newington Commons | 25 | |||||||||||||||||||||||||||||||||||
26 | JPMCB | Florida Multifamily Portfolio | 26 | |||||||||||||||||||||||||||||||||||
26.01 | JPMCB | Lakeland Manor | 26.01 | |||||||||||||||||||||||||||||||||||
26.02 | JPMCB | Kings Trail | 26.02 | |||||||||||||||||||||||||||||||||||
26.03 | JPMCB | Rolling Hills | 26.03 | |||||||||||||||||||||||||||||||||||
26.04 | JPMCB | Bella Mar I & II | 26.04 | |||||||||||||||||||||||||||||||||||
26.05 | JPMCB | Jacksonville Heights | 26.05 | |||||||||||||||||||||||||||||||||||
26.06 | JPMCB | Del Rio | 26.06 | |||||||||||||||||||||||||||||||||||
26.07 | JPMCB | Lago Bello | 26.07 | |||||||||||||||||||||||||||||||||||
26.08 | JPMCB | Tanglewood | 26.08 | |||||||||||||||||||||||||||||||||||
26.09 | JPMCB | Mount Dora | 26.09 | |||||||||||||||||||||||||||||||||||
26.10 | JPMCB | North Washington | 26.10 | |||||||||||||||||||||||||||||||||||
26.11 | JPMCB | Brandywyne | 26.11 | |||||||||||||||||||||||||||||||||||
26.12 | JPMCB | Landings | 26.12 | |||||||||||||||||||||||||||||||||||
26.13 | JPMCB | Country Place | 26.13 | |||||||||||||||||||||||||||||||||||
27 | Barclays | St. John Knits Campus | 27 | |||||||||||||||||||||||||||||||||||
28 | Column | Westview Apartments | 28 | |||||||||||||||||||||||||||||||||||
29 | JPMCB | 1019 Market Street | 29 | |||||||||||||||||||||||||||||||||||
30 | Barclays | Fordham Road Business Park | 30 | |||||||||||||||||||||||||||||||||||
31 | JPMCB | Renaissance Boca Raton | 80.2% | 108.61 | 87.09 | 79.0% | 117.58 | 92.86 | 71.6% | 127.05 | 91.02 | 75.4% | 138.33 | 104.27 | 75.4% | 138.33 | 104.27 | 31 | ||||||||||||||||||||
32 | RAIT | Broadway Marketplace - Parcel 2,3,4 | 32 | |||||||||||||||||||||||||||||||||||
33 | Barclays | Staybridge Suites Savannah Historic District | 71.2% | 114.47 | 81.46 | 74.1% | 119.94 | 81.46 | 77.9% | 127.76 | 99.53 | 79.4% | 137.50 | 109.30 | 79.4% | 137.50 | 109.30 | 33 | ||||||||||||||||||||
34 | JPMCB | Metro Centre | 34 | |||||||||||||||||||||||||||||||||||
35 | JPMCB | Hilton Garden Inn Tampa Riverview | 64.2% | 105.43 | 67.65 | 68.9% | 113.58 | 78.24 | 72.3% | 110.93 | 80.21 | 73.4% | 117.42 | 86.19 | 73.7% | 117.94 | 86.90 | 35 | ||||||||||||||||||||
36 | GECC | Whispering Palms MHC/RV | 36 | |||||||||||||||||||||||||||||||||||
37 | RCMC | Hilton Garden Inn Westampton | 73.8% | 118.13 | 87.13 | 75.0% | 119.53 | 89.68 | 76.2% | 118.92 | 90.67 | 76.2% | 118.92 | 90.67 | 37 | |||||||||||||||||||||||
38 | GECC | Riverstone - Deer Creek MHC | 38 | |||||||||||||||||||||||||||||||||||
39 | RCMC | Eastwood Village Shopping Center | 39 | |||||||||||||||||||||||||||||||||||
40 | JPMCB | Hilton Garden Inn Houston | 53.1% | 103.87 | 55.15 | 51.7% | 114.27 | 59.07 | 64.5% | 114.48 | 73.81 | 67.1% | 120.47 | 80.83 | 67.1% | 120.47 | 80.83 | 40 | ||||||||||||||||||||
41 | RCMC | Westview Business Park | 41 | |||||||||||||||||||||||||||||||||||
42 | RCMC | 10 New Road | 42 | |||||||||||||||||||||||||||||||||||
43 | GECC | Residence Inn - Dover | 81.4% | 104.59 | 85.01 | 84.4% | 105.50 | 89.02 | 78.1% | 111.71 | 87.21 | 81.3% | 111.95 | 90.73 | 81.3% | 111.95 | 90.73 | 43 | ||||||||||||||||||||
44 | Barclays | 33 Boston Post Road | 44 | |||||||||||||||||||||||||||||||||||
45 | RAIT | Hampshire Park Apartments | 45 | |||||||||||||||||||||||||||||||||||
46 | GECC | 100 Provena Way | 46 | |||||||||||||||||||||||||||||||||||
47 | Column | Forest Cove | 47 | |||||||||||||||||||||||||||||||||||
48 | JPMCB | Guardian Self Storage | 48 | |||||||||||||||||||||||||||||||||||
49 | JPMCB | Summer Chase | 49 | |||||||||||||||||||||||||||||||||||
50 | Barclays | Walden Park Shopping Center | 50 | |||||||||||||||||||||||||||||||||||
51 | Column | Candlewood Suites Indianapolis Airport | 80.7% | 60.52 | 48.85 | 81.1% | 64.22 | 52.11 | 83.2% | 62.23 | 51.80 | 85.3% | 63.13 | 53.82 | 85.3% | 63.13 | 53.85 | 51 | ||||||||||||||||||||
52 | RAIT | Lyncourt Apartments | 52 | |||||||||||||||||||||||||||||||||||
53 | RCMC | Mill Creek Crossing | 53 | |||||||||||||||||||||||||||||||||||
54 | RAIT | Cypress Pointe | 54 | |||||||||||||||||||||||||||||||||||
55 | RCMC | American Water Works | 55 | |||||||||||||||||||||||||||||||||||
56 | JPMCB | Gander Mountain | 56 |
A-1-25
ANNEX A-1 | ||||||||||||||||||||||||||||||||||||||
HOTEL OPERATING STATISTICS | ||||||||||||||||||||||||||||||||||||||
2011 | 2011 | 2011 | 2012 | 2012 | 2012 | 2013 | 2013 | 2013 | Most Recent | Most Recent | Most Recent | UW | UW | UW | ||||||||||||||||||||||||
Loan # | Seller(1) | Property Name | Occupancy % | ADR ($) | RevPAR ($) | Occupancy % | ADR ($) | RevPAR ($) | Occupancy % | ADR ($) | RevPAR ($) | Occupancy % | ADR ($) | RevPAR ($) | Occupancy % | ADR ($) | RevPAR ($) | Loan # | ||||||||||||||||||||
57 | GECC | 153-157 West Ohio St | 57 | |||||||||||||||||||||||||||||||||||
58 | JPMCB | 3445 North Causeway | 58 | |||||||||||||||||||||||||||||||||||
59 | Barclays | Rockaway Shopping Center | 59 | |||||||||||||||||||||||||||||||||||
60 | RCMC | 701 Martinsville | 60 | |||||||||||||||||||||||||||||||||||
61 | RAIT | ATR Transmissions | 61 | |||||||||||||||||||||||||||||||||||
62 | Column | Northridge Plaza | 62 | |||||||||||||||||||||||||||||||||||
63 | Column | Copper Creek Apartments | 63 | |||||||||||||||||||||||||||||||||||
64 | RAIT | Cottages at Hooper Hill | 64 | |||||||||||||||||||||||||||||||||||
65 | RAIT | Tractor Supply - Flagstaff | 65 | |||||||||||||||||||||||||||||||||||
66 | GECC | Colonial Manor MHC | 66 | |||||||||||||||||||||||||||||||||||
67 | Column | Mobile Gardens MHC | 67 | |||||||||||||||||||||||||||||||||||
68 | GECC | Lakeshore - Summit Village/Blue Coral MHC Portfolio | 68 | |||||||||||||||||||||||||||||||||||
69 | Column | Harvard Court Townhouses | 69 |
A-1-26
Footnotes to Annex A-1 |
(1) | “JPMCB” denotes JPMorgan Chase Bank, National Association, as Mortgage Loan Seller; “Column” denotes Column Financial, Inc., as Mortgage Loan Seller; “Barclays” denotes Barclays Bank PLC, as Mortgage Loan Seller; “RCMC” denotes Redwood Commercial Mortgage Corporation, as Mortgage Loan Seller; “RAIT” denotes RAIT Funding, LLC, as Mortgage Loan Seller; and “GECC” denotes General Electric Capital Corporation, as Mortgage Loan Seller. |
(2) | Certain of the mortgage loans include parcels ground leased to tenants in the calculation of the total square footage and the occupancy of the mortgaged property. |
With respect to Loan No. 16, Belford Towers Apartments, the collateral is comprised of 467 residential units and one commercial unit. | |
With respect to Loan No. 36, Whispering Palms MHC/RV, 12 affiliate-owned “cottage” units located on the Mortgage Property are leased from the affiliate to the borrower under a master lease. The user makes one rent payment for the pad and cottage unit, which is then allocated between the pad owner (the borrower) and the cottage unit owner (the affiliate). The rental income allocated to the 12 affiliate-owned cottage units was not included in underwriting and the cottage units were not included as collateral for the mortgage loan. | |
(3) | In certain cases, mortgaged properties may have tenants that have executed leases that were included in the underwriting but have not yet commenced paying rent and/or are not in occupancy. |
With regards to Loan No. 1, 500 Fifth Avenue, the Largest Tenant, Zara USA, Inc., received a six-month abatement of monthly rent ending February 10, 2015 and has yet to occupy the newly leased premises. Additionally, the borrower has not received a fully executed certificate of occupancy which would allow Zara USA, Inc. to occupy the space. | |
With respect to Loan No. 4, Heron Lakes, Occupancy (%), UW NOI ($) and UW NCF ($) include Logan International, Global Drilling Support and American International Relocation Services, which have executed leases but have not yet taken occupancy or commenced paying rent. The tenants are expected to take occupancy in February 2015, January 2015 and February 2015, respectively. In addition, Occupancy (%), UW NOI ($) and UW NCF ($) include three leases with tenants affiliated with the related Principal/Carveout Guarantor. Collectively, the tenants represent approximately 4% of the net rentable area of the property and approximately 3.2% of underwritten rents. | |
With respect to Loan No. 6, St. Louis Premium Outlets, seven tenants pay percentage-in-lieu rent (“PIL”), and these tenant comprise approximately 14.0% of underwritten rents. These tenants include the 4th Largest Tenant, Calvin Klein and the 5th Largest Tenant, Coach. The rental calculation is based on the minimum PIL payment set forth in the related lease and the borrower’s estimated sales, and these tenant will pay percentage-in-lieu rent for their entire lease terms | |
With respect to Loan No. 7, Centergy One, the 3rd Largest Tenant, Accenture, has a 50% rent abatement for 30,197 square feet of the 32,654 square feet total through June 30, 2015. | |
With respect to Loan No. 8, The Outlet Shoppes of the Bluegrass, four tenants pay percentage-in-lieu rent (“PIL”), and these tenants comprise approximately 12.2% of underwritten rents. These tenants include the Largest Tenant, Saks Fifth Avenue Off 5th and the 4th Largest Tenant, Polo Ralph Lauren. The rental calculation is based on the minimum PIL payment set forth in the related lease and the borrower’s estimated sales, and these tenants will pay percentage-in-lieu rent for their entire lease terms. | |
With respect to Loan No. 10, 117 Kendrick Street, Occupancy (%), UW NOI ($) and UW NCF ($) include the 4th Largest Tenant, Firestone Financial, which has executed a lease and taken occupancy but not yet commenced paying rent. The tenant will commence paying rent under its lease in May 2015. | |
With respect to Loan No. 14, Columbia Centre I & II, the eighth largest tenant by square footage, PERQ/HCI LLC (WPP), has executed a lease but has not yet taken occupancy of its leased premises and or commenced paying rent. The tenant is expected to take occupancy in January 2015. | |
With respect to Loan No. 20, 543 Howard, the Largest Tenant, Galvanize, has leased but is not yet in full occupancy of its space. Per the lease, the tenant will be required to pay rent on their entire premises beginning January 1, 2015. At closing, $1,050,934 was escrowed to cover rent concessions and $2,843,502 was escrowed to cover the remaining tenant improvement allowance. |
A-1-27
With respect to Loan No. 25, Newington Commons, UW NOI ($) and UW NCF ($) include Planet Fitness rent, which is abated until May 1, 2015. Lender required an upfront reserve of $224,396 at origination to address the free rent period. | |
With respect to Loan No. 26, Florida Multifamily Portfolio, UW NOI ($) and UW NCF ($) for three of the mortgaged properties, Bella Mar I & II, Del Rio and Lago Bello, include units that have rent subsidies as a result of accepting Section 8 vouchers. These units constitute approximately 10%, 16% and 18% of the total units at the properties, respectively. In addition, in the case of the Kings Trail mortgaged property, the related property is subject to low-income housing extended-use agreements due to prior Section 42 tax credit financing. The agreement requires the property to be operated in accordance with low-income and rent restrictions until December 31, 2026. This agreement and the restrictions terminate upon a foreclosure, so long as the borrower or a related party does not acquire any interest in the property and, following any termination of this agreement, there is a statutory requirement that there can be no evictions other than for cause and no increases in gross rents for a three year period after the termination with respect to any existing low-income tenants. | |
With respect to Loan No. 29, 1019 Market Street, the property is subject to a Mills Act historic property real estate tax abatement, which runs through 2023. Real estate taxes were underwritten based on the fully unabated tax bill ($566,600) less the net present value of the remaining tax abatement savings per year of the term ($235,837). See “Risk Factors – Increases in Real Estate Taxes Due to Termination of a PILOT Program or Other Tax Abatement Arrangements May Reduce Net Cash Flow and Payments to Certificateholders” and “Description of the Mortgage Pool – Net Cash Flow and Certain Underwriting Considerations” in this free writing prospectus. | |
With respect to Loan No. 36, Whispering Palms MHC/RV, the Occupancy (%) was calculated based on the pads only and excludes the RV spaces. | |
With respect to Loan No. 54, Cypress Pointe, Occupancy (%), UW NOI ($) and UW NCF ($) includes the sixth largest tenant by square footage, Arcadia Home Care, which has executed a lease but has not yet taken occupancy of its leased premises and/or commenced paying rent. The tenant is expected to take occupancy in March 2015, at which time rent payments will commence. | |
With respect to Loan No. 58, 3445 North Causeway, the Occupancy (%) calculation includes month-to-month leases at the mortgaged property, which represent approximately 1.6% of the net rentable area at the property. | |
(4) | With respect to all mortgage loans, with the exceptions of the mortgage loans listed below, the Current LTV% and the Maturity LTV% are based on the “as-is” Appraisal Value even though, for certain mortgage loans, the appraiser provided “as-stabilized” values based on certain criteria being met. |
With respect to Loan No. 12, Arbor Gate, the Appraised Value ($) includes the value of an excess land parcel amounting to $240,000. | |
With respect to Loan No. 13, Threshold Multifamily Portfolio II, the appraiser concluded a bulk sale portfolio Appraised Value ($) of $49,531,257 as of October 1, 2014. | |
With respect to Loan No. 14, Columbia Centre I & II, the Appraised Value ($) represents the “Hypothetical Market Value As-Is” of $53,200,000 for the mortgaged property, effective as of August 14, 2014, which assumes that all rent concessions, tenant improvement allowances, and leasing commissions for existing leases have been paid. At origination of the loan, the borrower was required to reserve the full amount of the outstanding tenant improvements and free rent in the amount of $1,014,048, and the borrower is also required to reserve $27,124 on each payment date in December 2014 and January and February 2015 for gap rent periods. The “as-is” Appraised Value ($) for the property as of August 14, 2014 was $50,600,000, which results in a Current LTV% of 73.6%. | |
With respect to Loan No. 18, Threshold Multifamily Portfolio III, the appraiser concluded a bulk sale portfolio Appraised Value ($) of $43,347,646 as of October 1, 2014. | |
With respect to Loan No. 28, Westview Apartments, the “as-renovated” Appraised Value ($) was used and accounts for a $1,423,750 Capital Improvement Reserve. The “as-is” Appraised Value ($) of $23,100,000 results in a Current LTV% of 84.8%. | |
With respect to Loan No. 43, Residence Inn – Dover, the Appraised Value ($) includes the $900,000 PIP, $816,162 of which was reserved at closing. | |
With respect to Loan No. 52, Lyncourt Apartments, the Appraised Value ($) of $10,000,000 is the “as stabilized” value since the property was under construction when the appraisal was performed. |
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With respect to Loan No. 54, Cypress Pointe, the “as-is” Appraised Value ($) was based on a stabilized pro forma occupancy of 94.5%, rather than the underwritten occupancy of 84.9% (inclusive of the Arcadia Home Care tenant), reduced by the anticipated costs to lease up the property to stabilized occupancy. | |
With respect to Loan No. 65, Tractor Supply-Flagstaff, the Appraised Value ($) of $4,800,000 is the “as-complete” value since the property was under construction when the appraisal was performed. | |
(5) | For mortgage loans secured by multiple mortgaged properties, each mortgage loan’s Original Balance ($), Current Balance ($), and Maturity/ARD Balance ($) are allocated to the respective mortgaged property based on the mortgage loan’s documentation, or if no such allocation is provided in the mortgage loan documentation, the mortgage loan seller’s determination of the appropriate allocation. |
With respect to Loan No. 20, 543 Howard, the $41,000,000 whole loan was bifurcated into a $31,000,000 A-Note and $10,000,000 Subordinate B-Note. The A-Note amortizes on the principal payment schedule provided in Annex F of the Free Writing Prospectus. As such, the Cut-off Date Balance ($), Maturity/ARD Balance ($), Monthly Debt Service ($), UW NOI DSCR, and UW NCF DSCR all reflect this principal payment schedule and a fixed interest rate of 5.0000%. The Subordinate B-Note is interest only and the interest rate is fixed at 5.0000%. | |
(6) | With regards to Loan No. 1, 500 Fifth Avenue, the mortgage loan is part of a $200,000,000 whole loan (the “500 Fifth Avenue Whole Loan”) which is comprised of two pari passu components (Note A-1 and Note A-2). Note A-1 (the “500 Fifth Avenue Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $100,000,000 and is being contributed to the JPMBB 2014-C26 Trust. Note A-2 (the “500 Fifth Avenue Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off date of $100,000,000 and is expected to be contributed to a future securitization trust. All loan level metrics are based on the 500 Fifth Avenue Whole Loan balance. |
With regards to Loan No. 6, St. Louis Premium Outlets, the mortgage loan is part of a $95,000,000 whole loan (the “St. Louis Premium Outlets Whole Loan”) which is comprised of two pari passu components (Note A-1 and Note A-2). Note A-1 (the “St. Louis Premium Outlets Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $47,500,000 and is being contributed to the JPMBB 2014-C26 Trust. Note A-2 (the “St. Louis Premium Outlets Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $47,500,000 and is expected to be contributed to a future securitization trust. All loan level metrics are based on the St. Louis Premium Outlets Whole Loan balance. | |
With respect to Loan No. 8, The Outlet Shoppes of the Bluegrass, the mortgage loan is part of a $77,500,000 whole loan (“The Outlet Shoppes of the Bluegrass Whole Loan”) which is comprised of two pari passu components (Note A-1 and Note A-2). Note A-1 (the “The Outlet Shoppes of the Bluegrass Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $45,000,000 and is being contributed to the JPMBB 2014-C26 Trust. Note A-2 (the “The Outlet Shoppes of the Bluegrass Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $32,500,000 and is expected to be contributed to a future securitized trust. All loan level metrics are based on The Outlet Shoppes of the Bluegrass Whole Loan balance. | |
With respect to Loan No. 26, Florida Multifamily Portfolio, the mortgage loan is part of a $57,300,000 whole loan (“Florida Multifamily Portfolio Whole Loan”) which is comprised of two pari passu components (Note A-1 and Note A-2). Note A-2 (the “Florida Multifamily Portfolio Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $22,300,000 and is being contributed to the JPMBB 2014-C26 Trust. Note A-1 (the “Florida Multifamily Portfolio Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $35,000,000 and was contributed to the JPMBB 2014-C25 Trust. All loan level metrics are based on the Florida Multifamily Portfolio Whole Loan balance. | |
(7) | Each number identifies a group of related borrowers. |
(8) | For each mortgage loan, the excess of the related Interest Rate% over the related Servicing Fee Rate, the Trustee Fee Rate (including the Certificate Administrator Fee Rate), the Senior Trust Advisor Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate (collectively, the “Admin Fee%”). |
With respect to Loan No. 26, Florida Multifamily Portfolio, the Interest Rate is 4.650524% when extended to full precision. | |
(9) | For the mortgage loans that are interest-only for the entire term and accrue interest on an Actual/360 basis, the Monthly Debt Service ($) was calculated as 1/12th of the product of (i) the Original Balance ($), (ii) the Interest Rate% and (iii) 365/360. |
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(10) | With respect to all mortgage loans, except for the mortgage loans 20 and 45, Annual Debt Service ($) is calculated by multiplying the Monthly Debt Service ($) by 12. |
With respect to Loan No. 20, 543 Howard, the Annual Debt Service ($) is calculated based on the sum of the first 12 principal and interest payments following the cut-off date based on the assumed principal payment schedule set forth on Annex F to this Free Writing Prospectus. | |
With respect to Loan No. 45, Hampshire Park Apartments, the Annual Debt Service ($) is calculated based on the sum of the first 12 principal and interest payments following the interest-only period based on the assumed principal payment schedule set forth on Annex G to this Free Writing Prospectus. | |
(11) | With respect to each of Loan Nos. 2 and 29, 1515 Market and 1019 Market Street, the First Payment Date for the loans is February 1, 2015. On the Closing Date, JPMCB will deposit sufficient funds to pay the interest associated with the interest due for the January 2015 payment for the related loans. |
With respect to Loan No. 11, The View & Legends, the mortgage loan has an ARD feature with an anticipated repayment date of October 6, 2019, with an increase in interest rate equal to the greater of (i) 3.00000% plus the initial note rate and (ii) 3.00000%, plus the five year treasury rate, plus the five year swap spread until the final maturity date of October 6, 2024. In no event will the increased interest rate exceed 8.50000%. | |
With respect to Loan No. 29, 1019 Market Street, the mortgage loan has an ARD feature with an anticipated repayment date of January 1, 2020, with an increase in the interest rate equal to the greater of (i) 6.55000% per annum, or (ii) the sum of the five year swap yield in effect on the ARD plus 3.00000%, until the Final Mat Date of August 1, 2022. In no event will the increased interest rate exceed 8.55000%. | |
With respect to Loan No. 46, 100 Provena Way, the mortgage loan has an ARD feature with an anticipated repayment date of October 1, 2024, the outstanding principal balance will accrue interest on and after that date until the final maturity date of October 1, 2039 at an increased interest rate equal to 2.02000% per annum plus the greater of (i) 4.79000% per annum or (ii) 10-year swap yield. | |
(12) | The “L” component of the prepayment provision represents lockout payments. |
The “Def” component of the prepayment provision represents defeasance payments. | |
The “YM” component of the prepayment provision represents yield maintenance payments. | |
The “O” component of the prepayment provision represents the free payments including the Maturity Date. | |
With respect to Loan No. 10, 117 Kendrick Street, the lockout period is 13 payment dates from and including the first payment date. | |
With respect to Loan No. 26, Florida Multifamily Portfolio, the related borrower may prepay a portion of the whole loan in an amount up to 15% of the original principal balance of the whole loan at any time during the term (including during the lockout period) in connection with the release of individual properties without the payment of any yield maintenance or other premium or defeasance. The lockout period is the date that is two years from the Closing Date. | |
With respect to Loan No. 27, St. John Knits Campus, the related borrower, prior to the date that the tenant St. John has exercised its first renewal option, is permitted to prepay the mortgage loan in the amount of any net proceeds from the sale of the developmental rights on a parcel adjacent to the mortgaged property. | |
(13) | With respect to some mortgage loans, historical financial information may not be available due to when the properties were constructed and/or acquired. |
With respect to Loan Nos. 6 and 48, St. Louis Premium Outlets and Guardian Self Storage, the properties were recently constructed and either no or limited historical financials are available. | |
With respect to Loan No. 9, United Healthcare Office, 2011 NOI and 2012 NOI are not available as the property and previous loan went into court receivership in August 2011. Please refer to “Description of the Top Ten Mortgage Loans” in Annex A-3 to the free writing prospectus for additional detail. The respective 2011 and 2012 monthly rental rates under the prior NNN lease of the Largest Tenant, United Healthcare Services Inc. were $434,304 and $440,818, equating to annual rents of $5,211,648 and in $5,289,816 respectively. |
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With respect to Loan No. 15, Holiday Inn & Suites Across from Universal Studios, 2011 NOI is lower relative to subsequent years because 42.7% of the total rooms were taken offline in 2011 for renovations that occurred between 2010 and 2011. | |
With respect to Loan No. 19, West Shore Plaza Shopping Center, the Most Recent NOI is for the nine months ended September 30, 2014, annualized. | |
With respect to Loan No. 26, Florida Multifamily Portfolio, the properties were recently acquired and historical financials are not available. | |
With respect to Loan No. 27, St. John Knits Campus, Most Recent NOI is for the seven months ended July 31, 2014, annualized. | |
With respect to Loan No. 33, Staybridge Suites Savannah Historic District, the Most Recent NOI is based on September 30, 2014 trailing eleven months and the October 2014 forecasted cash flows. | |
With respect to Loan No. 39, Eastwood Village Shopping Center, Most Recent Revenues, Most Recent Expenses and Most Recent NOI is for the six months ended June 30, 2014 annualized. | |
With respect to Loan No. 50, Walden Park Shopping Center, 2013 NOI is for the 9.5 months ended December 31, 2013, annualized. | |
(14) | With respect to all hotel properties, the UW NOI ($) is shown after taking a deduction for an FF&E reserve, and as such, the UW NOI ($) and UW NCF ($) for these properties are the same. |
(15) | The UW NOI DSCR and UW NCF DSCR for all partial interest-only mortgage loans were calculated based on the first principal and interest payment after the Note Date during the term of the mortgage loan. |
With respect to Loan No. 45, Hampshire Park Apartments, the Annual Debt Service ($) is calculated based on the sum of the first 12 principal and interest payments following the interest-only period based on the assumed principal payment schedule set forth on Annex G to this Free Writing Prospectus. | |
(16) | With respect to Loan No. 14, Columbia Centre I & II, upon expiration of the ground lease, the leasehold interest will be released from the lien of the loan documents. No value was attributed to the ground leased portion of the property in the related appraisal, which contains eight parking spots that are not required for compliance with zoning. |
With respect to Loan No. 15, Holiday Inn & Suites Across from Universal Studios, the loan is secured by the first mortgage on both the fee and leasehold interests in the property. The sponsor, Allan V. Rose, is currently the lessor on the ground lease and the borrower is the lessee. | |
With respect to Loan No. 33, Staybridge Suites Savannah Historic District, the mortgage loan is secured by the fee interest in the mortgaged property along with a leasehold interest in a lease for parking garage space near the mortgaged property. | |
With respect to Loan No. 37, Hilton Garden Inn Westampton, the borrower has entered into a ground lease with an affiliate related to an adjacent land parcel; ground rent due under the ground lease is de minimus at a fixed $1 per annum for the 50-year term. The adjacent land parcel may be released from the loan collateral without payment of a release premium and RCMC did not attribute any value to this adjacent land parcel. | |
(17) | Represents the amount deposited by the borrower at origination. All or a portion of this amount may have been released pursuant to the terms of the related loan documents. |
With respect to Loan No. 10, 117 Kendrick Street, the Upfront Other Reserve represents approximately one month of debt service, which was deposited into the excess cash flow reserve. This amount will be held by the lender as additional collateral for the loan. | |
(18) | Represents the monthly amounts required to be deposited by the borrower. The monthly collected amounts may be increased or decreased pursuant to the terms of the related loan documents. In certain cases, reserves with $0 balances are springing and are collected in the event of certain conditions being triggered in the respective mortgage loan documents. In certain other cases, all excess cash flow will be swept into reserve accounts in the event of certain conditions being trigger in the respective mortgage loan documents. |
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With respect to Loan No. 5, Shaner Hotels Limited Service Portfolio, on the payment date occurring in December 2014 and on each payment date through and including the payment date in May 2015, the borrowers are required to escrow $195,000 into the Monthly Other Reserve ($) for certain PIP expenses. | |
With respect to Loan No. 7, Centergy One, the 3rd largest tenant, Accenture, may terminate its lease with respect to 2,457 square feet of its total leased area of 32,654 square feet on March 31, 2017 with termination payment of the unamortized balance of TI/LC. Additionally, Accenture may terminate its lease with respect to 30,197 square feet of its total leased area of 32,654 square feet on July 31, 2019 and July 31, 2021 with termination payment of the unamortized costs of TI/LC plus six months base rent and additional rent. | |
With respect to Loan No. 8, The Outlet Shoppes of the Bluegrass, the Monthly Capex Reserve is waived to the extent that there is no event of default and, at any time after the calendar quarter ending September 30, 2015, the debt service coverage ratio is greater than 1.30x for the two previous consecutive calendar quarters based on the trailing 12 month period. The Monthly TI/LC Reserve commences on January 1, 2018. | |
With respect to Loan No. 12, Arbor Gate, the borrower will make monthly deposits into the TI/LC Reserve in the amount of $46,659 until the TI/LC Reserve account equals $600,000. Thereafter, the borrower will make monthly deposits into the TI/LC Reserve in the amount of $18,051 until the TI/LC Reserve account equals $300,000 and no event of default has occurred. | |
With respect to Loan No. 20, 543 Howard, the borrower will make monthly deposits of $6,082 into the TI/LC Reserve. However, so long as (i) no event of default has occurred and is continuing and (ii) the physical and economic occupancy at the property is 90.0% or greater, borrower will make monthly deposits into the TI/LC Reserve only to the extent that funds on deposit are less than $218,952. | |
With respect to Loan No. 21, International Corporate Center, upon failure to satisfy the renewal criteria set forth in the loan agreement for the lease of the Largest Tenant, Mitsubishi Imaging, on or before six months prior to the expiration of the lease on June 30, 2016, all excess cash will be deposited into a reserve for tenant improvements, leasing commissions and free rent obligations incurred in connection with the renewal of the Mitsubishi Imaging lease or replacement leases satisfactory to the lender. | |
With respect to Loan Nos. 22 and 31, Marriott Fort Lauderdale and Renaissance Boca Raton, respectively, the Monthly Other Reserve represents a seasonality reserve, and each related borrower is required to deposit such amount on the payment dates in January, February and March in each year during the terms of the mortgage loans. | |
With respect to Loan No. 26, Florida Multifamily Portfolio, the borrower is required to deposit $183,167 (approximately $1,000 per unit annually) into the Monthly Capex Reserve. On April 1, 2016, the monthly escrow is reduced to $67,589 (approximately $369 per unit annually). | |
With respect to Loan No. 27, St. John Knits Campus, upon the earlier of i) the debt service coverage ratio falling below 1.25x, ii) July 31, 2018, or, if the Largest Tenant, St. John Knits, has exercised its first renewal option, July 31, 2023, iii) the date St. John Knits ceases operations at the property, iv) the date St. John Knits seeks protection under any creditor rights’ laws or v) the occurrence of an event of default, the borrower will make monthly deposits into the Capex Reserve in the amount of $2,230. | |
With respect to Loan No. 30, Fordham Road Business Park, on each payment date following the occurrence of a tenant trigger event (as defined in the loan agreement) and until the occurrence of a tenant trigger event cure (as defined in the loan agreement) for the tenants Accellent, ReverTech (aka BRTRL) and Red Thread, the borrower will deposit $80,000 into the TI/LC Reserve. The amounts deposited into the TI/LC Reserve are capped at $750,000. | |
With respect to Loan No. 32, Broadway Marketplace – Parcel 2,3,4, following the first occurrence of (i) an event of default or (ii) if the debt service coverage ratio for the mortgage loan is less than 1.10 to 1.00, the borrower is required to pay $10,233.58 on each monthly payment date into a leasing reserve for tenant improvements and leasing commissions, provided, the borrower is not required to make deposits into the leasing reserve if the amount then on deposit in the reserve equals or exceeds the sum of $368,000. | |
With respect to Loan No. 33, Staybridge Suites Savannah Historic District, the borrower will escrow, on each payment date, an amount needed to complete all work described in any property improvement plan required by the franchise agreement as reasonably estimated by the lender. | |
With respect to Loan No. 37, Hilton Garden Inn Westampton, commencing on the first payment date after the initial upfront FF&E deposit of $1,000,000 has been fully disbursed, borrower will make monthly deposits into the FF&E reserve equal to one twelfth of 4.0% of gross income from operations from the preceding calendar year. In addition, |
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upon any new PIP imposed by the franchisor pursuant to the franchise agreement, borrower will deposit into the PIP reserve 100% of the amount determined by lender to be required to for such new PIP. | |
With respect to Loan No. 39, Eastwood Village Shopping Center, so long as there is no event of default and the property maintains a minimum occupancy of 90.0%, borrower shall not be required to make monthly deposits into the TI/LC Reserve which would cause the TI/LC Reserve to exceed $430,000. Further notwithstanding the foregoing, if a Sweep Event, as defined in the loan agreement, is then in effect as the result of the occurrence of a Tenant Trigger Event, as defined in the loan agreement, the TI/LC Reserve Cap of $430,000 will be suspended and funds in the TI/LC Reserve will be made available to borrower for tenant improvement and leasing commission obligations incurred in connection with the trigger tenant’s space, as defined in the loan agreement. | |
With respect to Loan No. 40, Hilton Garden Inn Houston, in addition to the Monthly Capex Reserve, the borrower will escrow, on each payment date, an amount needed to complete all work described in any property improvement plan required by the franchise agreement as reasonably estimated by the lender. | |
With respect to Loan No. 41, Westview Business Park, the TI/LC Reserve Cap of $300,000 will be reduced after November 5, 2017 to an amount equal to $200,000 plus $10.00 per square foot of any original vacant space which has not been leased and as such original vacant space becomes leased, such amount shall continue to reduce the TI/LC Reserve Cap. | |
With respect to Loan No. 44, 33 Boston Post Road, borrower will make monthly deposits into the TI/LC Reserve of $30,000 during a period commencing upon the date the borrower receives notice that the Largest Tenant, Environmental Chemical Corp, is exercising an early termination option and ending upon the earliest of (i) the payment date in which the TI/LC Reserve balance reaches $319,044, (ii) the ninth payment date following the commencement of the deposits, (iii) satisfaction of the Environmental Chemical Corp replacement lease criteria, as defined in the loan agreement or (iv) lender has received sufficient evidence that the tenant has revoked its early termination option. | |
With respect to Loan No. 50, Walden Park Shopping Center, in lieu of making monthly deposits into the reserves, borrower has the right during the term of the loan to deposit with lender one or more letters of credit in an aggregate amount equal to 12 months of deposits for each of the TI/LC Reserve, Capex Reserve and Insurance Reserve. In the event the borrower does not provide a letter of credit that satisfies the loan document requirements then the borrower will be required to make monthly deposits into the Capex Reserve, TI/LC Reserve, and Insurance Reserve in the amounts of $720, $2,399 and $1,543, respectively. The Capex Reserve and TI/LC Reserve are subject to caps in the amounts of $25,906 and $115,138, respectively. At loan closing, the borrower deposited a $55,932 letter of credit with the lender, representing 12 months of deposits for TI/LC Reserves, Capex Reserves and Insurance Reserves. | |
With regards to Loan No. 51, Candlewood Suites Indianapolis Airport, if at any time a property improvement plan is required by the franchisor under the franchise agreement, the borrower shall deposit 110% of the estimated cost of such PIP less any amount in the Capex Reserve to the PIP Reserve within ten business days. | |
With respect to Loan No. 57, 153-157 West Ohio St, the Rollover Reserve fund, the Special Tenant Reserve Fund, or the combined amount is subject to a reserve floor of $200,151. | |
With respect to Loan No. 60, 701 Martinsville, the borrower will make monthly deposits of $1,725 into the Roof Reserve up to and including the payment date occurring on October 5, 2017. | |
(19) | Represents a cap on the amount required to be deposited by the borrower pursuant to the related mortgage loan documents. In certain cases, during the term of the mortgage loan, the caps may be altered or terminated subject to conditions of the respective mortgage loan documents. |
(20) | With respect to the footnotes hereto, no footnotes have been provided with respect to tenants that are not among the five largest tenants by square footage for any Mortgaged Property. |
(21) | In certain cases, the data for tenants occupying multiple spaces includes square footage only from the primary spaces sharing the same expiration date, and may not include smaller spaces with different expiration dates. |
With regards to Loan No. 1, 500 Fifth Avenue, the Largest Tenant, Zara USA, Inc., includes two individual leases for 13,843 square feet expiring in March 2024 and 58,701 square feet expiring in February 2035. Zara USA, Inc. received a six-month abatement of monthly rent for the period ending August 11, 2014 with respect to suite retail 1B, suite 105, suite 107, suite 109, suite 110, suite 11, suite 114, suite 115, and suite 301. The 5th Largest Tenant, |
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Lankler Siffert & Wohl, includes two individual leases for 3,453 square feet expiring in February 2017 and 23,957 square feet expiring in May 31, 2023. | |
With respect to Loan No. 7, Centergy One, the 3rd Largest Tenant, Accenture, has multiple leases expiring as follows: (i) 2,457 square feet expire March 31, 2019 and (ii) 30,197 square feet expire July 31, 2024. | |
With respect to Loan No. 20, 543 Howard, the Largest Tenant, Galvanize, occupies 39,859 square feet that expires on August 31, 2030 and 28,546 square feet that expires on August 31, 2029. | |
With respect to Loan No. 60, 701 Martinsville, the Largest Tenant, Couch Braunsdorf Insurance Group, Inc., is majority owned by the loan sponsor. | |
(22) | The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease with respect to all or a portion of its leased space prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the subject lease. |
With regards to Loan No. 1, 500 Fifth Avenue, the 4th Largest Tenant, Vince LLC, has a one-time right to terminate its lease on April 22, 2022, provided one year’s notice and a $1,708,413 termination fee is provided. | |
With respect to Loan No. 2, 1515 Market, the Third Largest Tenant, the Commonwealth of Pennsylvania, is only liable under its lease for rent and other obligations to the extent it receives sufficient appropriations from the state government. | |
With respect to Loan No. 8, The Outlet Shoppes of the Bluegrass, 67 of the 89 total tenants have termination options based on sales thresholds. Such tenants include the Largest Tenant, Saks Fifth Avenue Off 5th and the 4th Largest Tenant, Polo Ralph Lauren. These options are generally exercisable between the years 2017 and 2020. | |
With respect to Loan No. 10, 117 Kendrick Street, the Largest Tenant, Warner Brothers Entertainment Inc., has the right to terminate its lease on August 31, 2016 with 12 months’ notice and a payment of a termination fee. In addition, the 5th Largest Tenant, Food Should Taste Good, Inc, subleases its entire space to Euro-Pro Operating LLC. | |
With respect to Loan No. 12, Arbor Gate, the 4th Largest Tenant, Dean Health System, has the option to terminate its lease effective on April 30, 2018 with six months written notice at any time during the month of October 2017. The six month notice period would then begin on November 1, 2017 following the date of delivery of the notice of tenant’s election on its option to terminate. The option to terminate expires on November 1, 2017 if not elected by tenant. | |
With respect to Loan No. 14, Columbia Centre I & II, the Largest Tenant, Randa Accessories, has the right to terminate its lease on December 31, 2020, with 12 months’ notice and payment of a termination fee. The 2nd Largest Tenant, Resolution Life, Inc., has the right to terminate its lease as of either May 31, 2020 or May 31, 2022, with nine months’ notice and payment of a termination fee. The 3rd Largest Tenant, HQ Global Workplaces LLC, has the right to terminate its lease on or after September 30, 2016, with 10 months’ notice and payment of a termination fee. | |
With respect to Loan No. 19, West Shore Plaza Shopping Center, the Largest Tenant, Burlington Coat Factory, may terminate its lease upon giving landlord one year’s notice in writing and paying a termination fee equal to its one year share of minimum rent, percentage rent, increases in taxes and increases in expenses. | |
With respect to Loan No. 21, International Corporate Center, the 2nd Largest Tenant, Dorf & Nelson LLP, has a one-time option to terminate its lease, effective December 31, 2018, upon giving landlord twelve months’ notice in writing and paying a termination fee equal to any unamortized cost of the aggregate of landlord’s work, landlord’s contribution, brokerage commission and interest on such amounts at the rate of 6% per annum. | |
With respect to Loan No. 23, Dedham Place, the 2nd Largest Tenant, RGN - Dedham, has a one-time option to terminate its lease, effective December 1, 2021, upon giving landlord notice in writing no later than December 1, 2020 and paying a termination fee equal to $608,959. | |
With respect to Loan No. 34, Metro Centre, the 2nd Largest Tenant, Naturally Yours, has the right to terminate its lease between October 31, 2020 and January 31, 2021, with 12 months’ notice. |
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With respect to Loan No. 39, Eastwood Village Shopping Center, the 4th Largest Tenant, Tuesday Morning, has a one-time option to terminate its lease effective as of July 31, 2015 upon notice given at any time within a 30 day period after December 31, 2014 in the event that gross sales have not exceeded the sum of $1,200,000 for the 12 months preceding the December 31, 2014. | |
With respect to Loan No. 41, Westview Business Park, the 4th Largest Tenant, HVAC Concepts, has a right to terminate its lease on February 28, 2021 provided the landlord is not able to accommodate the tenant’s expansion requirements with contiguous space or space within Westview Business Park. To exercise the option the tenant must provide the landlord with written notice on or before May 31, 2020 and pay the landlord a cancellation fee in the amount of six months of annual base rent in addition to the unamortized cost of tenant improvements and brokerage commissions. Additionally, the tenant shall have a one-time right to terminate its lease on February 28, 2022, by providing landlord with written notice on or before May 31, 2021 and payment of a cancellation fee of unamortized tenant improvements and leasing commissions | |
With respect to Loan No. 44, 33 Boston Post Road, the Largest Tenant, Environmental Chemical Corp, has a one-time option to terminate its lease, effective September 30, 2016, upon giving landlord nine months’ notice in writing and paying a termination fee equal to unamortized transaction costs, including brokerage and legal fees. | |
With regards to Loan No. 47, Forest Cove, the 2nd Largest Tenant, Enlighten, has the right to terminate 3,870 square feet of Oakwood expansion space on January 30, 2015. | |
With respect to Loan No. 57, 153-157 West Ohio St, the 4th Largest Tenant, Avant Communications, Inc., may terminate its lease effective January 31, 2016 with six months’ prior notice and payment of a $24,000 termination fee. | |
With respect to Loan No. 58, 3445 North Causeway, the 2nd Largest Tenant, WCS, has the right to terminate its lease on or after August 1, 2018, with six months’ notice and payment of a termination fee. | |
(23) | In certain cases, the Principal / Carveout Guarantor name was shortened for spacing purposes. |
With regards to Loan No. 1, 500 Fifth Avenue, Simon Property Group’s nonrecourse carve-out liability is capped at 20% of the outstanding principal balance of the mortgage loan. | |
With respect to Loan No. 29, 1019 Market Street, the Principal/Carveout Guarantor is not a party to the environmental indemnity and is only liable for breaches or violations of the following full recourse carveouts: (i) a breach of any backward-looking representation, warranty or covenant in the mortgage loan documents related to “recycled” single-purpose entities; (ii) any substantive consolidation of the borrower or its principal (to the extent it leads to a substantive consolidation of the borrower); or (iii) the failure to replace the general partner of the borrower in accordance with its organizational documents in the event that the principal dissolves, liquidates or becomes the subject of any bankruptcy, insolvency, dissolution or liquidation proceeding. Additionally, the Principal/Carveout Guarantor has executed its guaranty not in its individual capacity, but acting on behalf of and with its liability limited to the assets of grundbesitz-global, a German open end real estate fund. | |
(24) | The classification of the lockbox types is described in the Free Writing Prospectus. See “Description of the Mortgage Pool – Lockbox Accounts” for further details. |
(25) | Refers to (a) debt secured by the mortgaged property, (b) mezzanine debt and (c) preferred equity. See “Description of the Mortgage Pool—Additional Debt—Existing Mezzanine Debt,” “—Future Mezzanine Debt” and “—Preferred Equity” and “Certain Legal Aspects of the Mortgage Loans” in the free writing prospectus for information related to mortgage loans with subordinate, mezzanine or other additional debt or preferred equity that permit subordinate, mezzanine or other additional debt in the future. |
With respect to Loan No. 5, Shaner Hotels Limited Service Portfolio, the mezzanine loan is cross-collateralized and cross-defaulted with three other mezzanine loans in the aggregate amount of $31,600,000 that are related to three mortgage loans which are not included in the mortgage loan pool. The mezzanine loans are cross-collateralized and cross-defaulted through guaranties and pledge agreements signed by the mezzanine loan borrowers on the other mezzanine loans. See “Description of the Mortgage Loans – Additional Debt – Existing Mezzanine Debt” in this free writing prospectus. | |
With respect to Loan No. 10, 117 Kendrick Street, the related mortgage loan documents allow for the pledge of up to 75% of the equity interests in the sole member of the borrower to an institutional investor (as defined in the loan documents) upon certain terms and conditions in the mortgage loan documents. The mortgage loan documents |
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prohibit a change of control of the borrower in connection with such pledge. See “Description of the Mortgage Loans – Additional Debt – Existing Mezzanine Debt” in this free writing prospectus. | |
With respect to Loan No. 12, Arbor Gate, at closing, a TIF Loan secured by the property in the amount of approximately $900,116 will be outstanding. See “Description of the Mortgage Loans – Additional Debt – Secured Debt in this free writing prospectus. | |
With respect to Loan No. 14, Columbia Centre I & II, an affiliate of the related borrower has incurred $5,000,000 loan from Tallinn Capital Mezzanine Limited Partnership, which is secured by cash distributions in various upper-tier entity affiliates of the borrower. The loan is not secured by any equity interests in the borrower, and the exercise of remedies under the loan will not result in a change of control of the borrower. See “Description of the Mortgage Loans – Additional Debt – Existing Mezzanine Debt” in this free writing prospectus. | |
With respect to Loan No. 29, 1019 Market Street, the principal/carveout guarantor of the related borrower, RREEF Investment GmbH, has made an unsecured loan in the amount of $12,000,000 to the borrower. The principal/carveout guarantor has executed a subordination and standstill agreement with JPMCB. See “Description of the Mortgage Loans – Additional Debt – Unsecured Debt” in this free writing prospectus. | |
With respect to Loan No. 45, Hampshire Park Apartments, at loan origination, RAIT Partnership, L.P. provided a $900,000 mezzanine loan to a borrower affiliate, which is secured by a 100% pledge of the direct equity interest in the related borrower. See “Description of the Mortgage Loans – Additional Debt” and Annex A-3 in the free writing prospectus. |
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