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| Free Writing Prospectus dated May 18, 2018 | |
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| The depositor has filed a registration statement (including a prospectus) with the SEC 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 entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling (866) 669-7629 or by emailing the ABS Syndicate Desk atabs_synd@jpmorgan.com. | |
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| The information in this file (the “File”) is an electronic copy of the information set forth in the Annex titled “Certain Characteristics of the Mortgage Loans and Mortgaged Properties” to the prospectus. This File does not contain all information that is required to be included in the prospectus. This File should be reviewed only in conjunction with the entire prospectus. Prospective investors are advised to read carefully, and should rely on, the prospectus relating to the certificates referred to herein in making their investment decision. | |
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| 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in this File supersedes any contrary information contained in any prior File relating to the certificates and will be superseded by any contrary information contained in any subsequent File prior to the time of sale. | |
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| Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the prospectus. The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value. | |
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| 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. | |
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| | | | | | | | | Number of | Property | Property | | Year | |
| Loan # | Seller(1) | Property Name | Street Address | City | State | Zip Code | County | Properties | Type | Subtype | Year Built | Renovated | Units(2) |
| 1 | GACC | Marina Heights State Farm | 300-600 East Rio Salado Parkway | Tempe | AZ | 85281 | Maricopa | 1 | Office | Suburban | 2015-2017 | | 2,031,293 |
| 2 | SMF VI | 1875 Atlantic Avenue | 1875 Atlantic Avenue | Brooklyn | NY | 11233 | Kings | 1 | Multifamily | Mid-Rise | 2018 | | 118 |
| 3 | JPMCB | Atlantic Times Square | 500 North Atlantic Boulevard | Monterey Park | CA | 91754 | Los Angeles | 1 | Mixed Use | Retail/Multifamily | 2010 | | 379,376 |
| 4 | JPMCB | Embassy Suites Glendale | 800 North Central Avenue | Glendale | CA | 91203 | Los Angeles | 1 | Hotel | Full Service | 2008 | 2017 | 272 |
| 5 | GACC | Sheraton Hotel Arlington | 1500 Convention Center Drive | Arlington | TX | 76011 | Tarrant | 1 | Hotel | Full Service | 1985 | 2016 | 311 |
| 6 | SMF VI | Southland Shopping Center | 600 Clairton Boulevard | Pittsburgh | PA | 15236 | Allegheny | 1 | Retail | Anchored | 1955 | 2018 | 260,862 |
| 7 | BSP | The Metropolitan at Wilton Manors | 1220 Northeast 24th Street | Wilton Manors | FL | 33305 | Broward | 1 | Multifamily | Mid-Rise | 2016 | | 179 |
| 8 | GACC | DreamWorks Campus | 1000 Flower Street | Glendale | CA | 91201 | Los Angeles | 1 | Office | Suburban | 1997 | 2010 | 497,404 |
| 9 | JPMCB | Meridian Corporate Center | Various | Durham | NC | 27713 | Durham | 10 | Office | Suburban | Various | | 691,705 |
| 9.01 | JPMCB | 2520 Meridian Parkway | 2520 Meridian Parkway | Durham | NC | 27713 | Durham | 1 | Office | Suburban | 1997 | | 115,283 |
| 9.02 | JPMCB | 2525 Meridian Parkway | 2525 Meridian Parkway | Durham | NC | 27713 | Durham | 1 | Office | Suburban | 1985 | | 99,332 |
| 9.03 | JPMCB | 2605 Meridian Parkway | 2605 Meridian Parkway | Durham | NC | 27713 | Durham | 1 | Office | Suburban | 1995 | | 74,071 |
| 9.04 | JPMCB | 2810 Meridian Parkway | 2810 Meridian Parkway | Durham | NC | 27713 | Durham | 1 | Office | Suburban | 1986 | | 100,878 |
| 9.05 | JPMCB | 2510 Meridian Parkway | 2510 Meridian Parkway | Durham | NC | 27713 | Durham | 1 | Office | Suburban | 1990 | | 64,454 |
| 9.06 | JPMCB | 2600 Meridian Parkway | 2600 Meridian Parkway | Durham | NC | 27713 | Durham | 1 | Office | Suburban | 1998 | | 65,599 |
| 9.07 | JPMCB | 2700 Meridian Parkway | 2700 Meridian Parkway | Durham | NC | 27713 | Durham | 1 | Office | Suburban | 1997 | | 51,637 |
| 9.08 | JPMCB | 2800 Meridian Parkway | 2800 Meridian Parkway | Durham | NC | 27713 | Durham | 1 | Office | Suburban | 1997 | | 51,066 |
| 9.09 | JPMCB | 2505 Meridian Parkway | 2505 Meridian Parkway | Durham | NC | 27713 | Durham | 1 | Office | Suburban | 1989 | | 42,705 |
| 9.10 | JPMCB | 2500 Meridian Parkway | 2500 Meridian Parkway | Durham | NC | 27713 | Durham | 1 | Office | Suburban | 1991 | | 26,680 |
| 10 | GACC | Steelyard Commons | 3447 Steelyard Drive | Cleveland | OH | 44109 | Cuyahoga | 1 | Retail | Anchored | 2007-2014 | | 265,386 |
| 11 | BSP | Constitution Plaza | 1, 10, 100, 248, 250 & 260 Constitution Plaza | Hartford | CT | 06103 | Hartford | 1 | Office | CBD | 1962-1963 | 2004 | 659,315 |
| 12 | JPMCB | U-Haul AREC 27 Portfolio | Various | Various | Various | Various | Various | 8 | Self Storage | Self Storage | Various | Various | 4,445 |
| 12.01 | JPMCB | U-Haul Moving & Storage Of Goodyear | 1126 North Citrus Road | Goodyear | AZ | 85338 | Maricopa | 1 | Self Storage | Self Storage | 2015 | | 1,056 |
| 12.02 | JPMCB | U-Haul Moving & Storage Of New Center | 899 West Baltimore Street | Detroit | MI | 48202 | Wayne | 1 | Self Storage | Self Storage | 1920 | 2013 | 843 |
| 12.03 | JPMCB | U-Haul Moving & Storage Of South Vineland | 2290 South Delsea Drive | Vineland | NJ | 08360 | Cumberland | 1 | Self Storage | Self Storage | 1990 | | 550 |
| 12.04 | JPMCB | U-Haul Moving & Storage At Eakin Road | 2189 Eakin Road | Columbus | OH | 43223 | Franklin | 1 | Self Storage | Self Storage | 2000 | 2014 | 494 |
| 12.05 | JPMCB | U-Haul Storage At Sharon Lane | 211 Sharon Lane | Lake Charles | LA | 70615 | Calcasieu | 1 | Self Storage | Self Storage | 1980 | | 548 |
| 12.06 | JPMCB | U-Haul Storage Of Scranton | 210 South 7th Avenue | Scranton | PA | 18505 | Lackawanna | 1 | Self Storage | Self Storage | 1986 | | 265 |
| 12.07 | JPMCB | U-Haul Moving & Storage Of Prattville | 1221 South Memorial Drive | Prattville | AL | 36067 | Autauga | 1 | Self Storage | Self Storage | 2008 | | 302 |
| 12.08 | JPMCB | U-Haul Moving & Storage Of Nampa | 2112 Caldwell Boulevard | Nampa | ID | 83651 | Canyon | 1 | Self Storage | Self Storage | 1978, 2016 | | 387 |
| 13 | SMF VI | Northwest Business Center | 1335 & 1337-1351 Capital Circle Southeast and 2130, 2150, 2152, 2242, 2244, 2252, 2256, 2260, 2270 & 2275 Northwest Parkway Southeast | Marietta | GA | 30067 | Cobb | 1 | Industrial | Flex | 1982-1988 | | 470,971 |
| 14 | SMF VI | Texas Hotel Portfolio | Various | Various | TX | Various | Various | 2 | Hotel | Various | Various | Various | 327 |
| 14.01 | SMF VI | Holiday Inn & Suites Beaumont | 3950 Interstate 10 South | Beaumont | TX | 77705 | Jefferson | 1 | Hotel | Full Service | 1984 | 2016 | 253 |
| 14.02 | SMF VI | Holiday Inn Express Van Horn | 1805 Southeast Frontage Road | Van Horn | TX | 79855 | Culberson | 1 | Hotel | Limited Service | 2016 | | 74 |
| 15 | BSP | Troy Hotel Portfolio | Various | Troy | MI | 48083 | Oakland | 2 | Hotel | Various | 2016 | | 177 |
| 15.01 | BSP | TownePlace Suites by Marriott Troy | 325 Stephenson Highway | Troy | MI | 48083 | Oakland | 1 | Hotel | Extended Stay | 2016 | | 87 |
| 15.02 | BSP | Fairfield Inn & Suites by Marriott Troy | 225 Stephenson Highway | Troy | MI | 48083 | Oakland | 1 | Hotel | Limited Service | 2016 | | 90 |
| 16 | JPMCB | Twelve Oaks Mall | 27500 Novi Road | Novi | MI | 48377 | Oakland | 1 | Retail | Super Regional Mall | 1977 | 2007 | 716,771 |
| 17 | JPMCB | Lakewood Forest Plaza | 21147 State Highway 249 | Houston | TX | 77070 | Harris | 1 | Retail | Anchored | 1984 | 2011 | 108,016 |
| 18 | SMF VI | 5805 Sepulveda Boulevard | 5805 Sepulveda Boulevard | Sherman Oaks | CA | 91411 | Los Angeles | 1 | Office | Suburban | 1990 | | 87,691 |
| 19 | GACC | Lehigh Valley Mall | 250 Lehigh Valley Mall | Whitehall | PA | 18052 | Lehigh | 1 | Retail | Super Regional Mall | 1976 | 2006 | 545,233 |
| 20 | SMF VI | 800 South Barranca | 800 South Barranca Avenue | Covina | CA | 91723 | Los Angeles | 1 | Office | Suburban | 1981 | 2007 | 89,937 |
| 21 | JPMCB | The Market at Cross Creek Ranch | FM 1463 and Fulshear Bend Drive | Fulshear | TX | 77494 | Fort Bend | 1 | Retail | Shadow Anchored | 2018 | | 41,160 |
| 22 | GACC | Weslaco Shopping Center | 1901 West Expressway 83 | Weslaco | TX | 78596 | Hidalgo | 1 | Retail | Anchored | 1996 | 2005 | 141,335 |
| 23 | JPMCB | Guardian Self Storage 2-Pack | Various | Various | PA | Various | Various | 2 | Self Storage | Self Storage | Various | Various | 1,262 |
| 23.01 | JPMCB | Brush Creek | 922 Brush Creek Road | Warrendale | PA | 15086 | Allegheny | 1 | Self Storage | Self Storage | 2000 | 2016 | 692 |
| 23.02 | JPMCB | North Huntingdon | 14200 Route 30 | North Huntingdon | PA | 15642 | Westmoreland | 1 | Self Storage | Self Storage | 2008 | | 570 |
| 24 | GACC | Greenmark at Andrews | 200 Northwest Avenue M | Andrews | TX | 79714 | Andrews | 1 | Multifamily | Garden | 2012, 2016 | | 144 |
| 25 | GACC | Northridge Medical Tower | 18250 Roscoe Boulevard | Northridge | CA | 91325 | Los Angeles | 1 | Office | Medical | 1961 | 2004 | 33,196 |
| 26 | BSP | Dam Neck Shopping Center | 1630-1650 General Booth Boulevard | Virginia Beach | VA | 23454 | Virginia Beach City | 1 | Retail | Anchored | 1991 | | 131,100 |
| 27 | SMF VI | Fort Knox Executive Park | 2727 Mahan Drive and 2728, 2737 & 2747 Fort Knox Boulevard | Tallahassee | FL | 32308 | Leon | 1 | Office | Suburban | 1979, 1986, 1988, 1995 | 2017 | 300,419 |
| 28 | SMF VI | 8851 Santa Monica Boulevard | 801-805 Larrabee Street and 8851-8853 Santa Monica Boulevard | West Hollywood | CA | 90069 | Los Angeles | 1 | Mixed Use | Retail/Office | 1926 | 2016 | 9,948 |
| 29 | SMF VI | Holiday Inn Express Albany | 300 Broadway | Albany | NY | 12207 | Albany | 1 | Hotel | Limited Service | 1962 | 2017 | 135 |
| 30 | GACC | Mezz 42 | 881 3rd Avenue Southwest and 5 Center Green | Carmel | IN | 46032 | Hamilton | 1 | Mixed Use | Multifamily/Office | 2016 | | 45 |
| 31 | SMF VI | Adams Portfolio | Various | Las Vegas | NV | Various | Clark | 3 | Retail | Various | Various | | 22,522 |
| 31.01 | SMF VI | 4626 Maryland | 4626 South Maryland Parkway | Las Vegas | NV | 89119 | Clark | 1 | Retail | Single Tenant | 1980 | | 6,000 |
| 31.02 | SMF VI | 4680 Maryland | 4680 South Maryland Parkway | Las Vegas | NV | 89119 | Clark | 1 | Retail | Unanchored | 2010 | | 5,800 |
| 31.03 | SMF VI | Sunset Property | 4850 West Sunset Road | Las Vegas | NV | 89118 | Clark | 1 | Retail | Unanchored | 2007 | | 10,722 |
| 32 | SMF VI | City View Farms | 1037 West Jefferson Street | Franklin | IN | 46131 | Johnson | 1 | Multifamily | Garden | 2004 | | 84 |
| 33 | GACC | JHMR Powderhorn | 605, 655 & 685 Powderhorn Lane | Jackson | WY | 83001 | Teton | 1 | Multifamily | Garden | 2014 | | 25 |
| 34 | SMF VI | Fireside IL Storage Portfolio | Various | Bourbonnais | IL | 60914 | Kankakee | 2 | Self Storage | Self Storage | Various | | 830 |
| 34.01 | SMF VI | Larry Power Storage | 575 Larry Power Road | Bourbonnais | IL | 60914 | Kankakee | 1 | Self Storage | Self Storage | 2006 | | 482 |
| 34.02 | SMF VI | Armour Road Storage | 1847 Armour Road | Bourbonnais | IL | 60914 | Kankakee | 1 | Self Storage | Self Storage | 2001 | | 348 |
| 35 | BSP | Aaron’s Rent Portfolio | Various | Various | Various | Various | Various | 7 | Retail | Freestanding | Various | | 63,519 |
| 35.01 | BSP | Aaron’s Rent - Charlotte, NC | 6411 North Tryon Street | Charlotte | NC | 28213 | Mecklenburg | 1 | Retail | Freestanding | 2008 | | 8,000 |
| 35.02 | BSP | Aaron’s Rent - Lower Burrell, PA | 3219 Leechburg Road | Lower Burrell | PA | 15068 | Westmoreland | 1 | Retail | Freestanding | 1993 | | 11,519 |
| 35.03 | BSP | Aaron’s Rent - Houston, TX | 9839 North Freeway | Houston | TX | 77037 | Harris | 1 | Retail | Freestanding | 2009 | | 10,000 |
| 35.04 | BSP | Aaron’s Rent - Pleasanton, TX | 1825 West Oaklawn Road | Pleasanton | TX | 78064 | Atascosa | 1 | Retail | Freestanding | 2007 | | 10,000 |
| 35.05 | BSP | Aaron’s Rent - Zanesville, OH | 2620 Maysville Pike | Zanesville | OH | 43701 | Muskingum | 1 | Retail | Freestanding | 2008 | | 8,000 |
| 35.06 | BSP | Aaron’s Rent - Pearland, TX | 5430 Broadway Street | Pearland | TX | 77581 | Brazoria | 1 | Retail | Freestanding | 2009 | | 8,000 |
| 35.07 | BSP | Aaron’s Rent - Demopolis, AL | 1201 Osgood Loop | Demopolis | AL | 36732 | Marengo | 1 | Retail | Freestanding | 2009 | | 8,000 |
| 36 | GACC | Fountaingrove Executive Center | 3700 Old Redwood Highway | Santa Rosa | CA | 95403 | Sonoma | 1 | Office | Suburban | 2004 | | 37,428 |
| 37 | SMF VI | Shoppes at Schoolhouse Crossing | 150 Onix Drive | Kennett Square | PA | 19348 | Chester | 1 | Mixed Use | Retail/Office | 2007 | | 37,000 |
| 38 | SMF VI | 1-21 Export Drive | 21 Export Drive | Sterling | VA | 20164 | Loudoun | 1 | Industrial | Flex | 1985 | 2016 | 74,729 |
| 39 | BSP | Taylor Industrial | 21740 Trolley Industrial Drive | Taylor | MI | 48180 | Wayne | 1 | Industrial | Warehouse | 1971 | 2016 | 240,120 |
| 40 | SMF VI | Sunrise Pass Estates MHC | 1000 Windy Pass | Barstow | CA | 92311 | San Bernardino | 1 | Manufactured Housing | Manufactured Housing | 1972-1973 | | 161 |
| 41 | SMF VI | Springfield Storage | 1215 North Belmont Avenue | Springfield | OH | 45503 | Clark | 1 | Self Storage | Self Storage | 2002 | | 509 |
| | | | | | | | | | | Original | | Current | | | | | | Net | | | |
| | | | Unit of | | Occupancy | Appraised | Appraisal | Current | Original | Balance | Current | Balance | % of Initial | Crossed | Related | Interest | Admin. | Mortgage | | Monthly Debt | Annual Debt |
| Loan # | Seller(1) | Property Name | Measure | Occupancy %(3) | Date | Value ($)(4) | Date | LTV %(4) | Balance ($)(5)(6) | per Unit ($) | Balance ($)(5)(6) | per Unit ($) | Pool Balance | Loan | Borrower(7) | Rate %(8) | Fee %(8) | Rate %(8) | Accrual Type | Service ($)(9)(10) | Service ($)(10) |
| 1 | GACC | Marina Heights State Farm | Square Feet | 99.5% | 12/07/17 | 960,000,000 | 11/20/17 | 58.3% | 50,000,000 | 276 | 50,000,000 | 276 | 7.0% | No | No | 3.55950 | 0.01475 | 3.54475 | Actual/360 | 150,372.40 | 1,804,468.80 |
| 2 | SMF VI | 1875 Atlantic Avenue | Units | 95.8% | 04/26/18 | 69,200,000 | 03/05/18 | 60.7% | 42,000,000 | 355,932 | 42,000,000 | 355,932 | 5.9% | No | No | 4.86700 | 0.01975 | 4.84725 | Actual/360 | 172,710.90 | 2,072,530.83 |
| 3 | JPMCB | Atlantic Times Square | Square Feet | 96.9% | 03/01/18 | 163,800,000 | 02/01/18 | 59.8% | 40,000,000 | 258 | 40,000,000 | 258 | 5.6% | No | Yes - Group 1 | 4.84500 | 0.01975 | 4.82525 | Actual/360 | 163,743.06 | 1,964,916.67 |
| 4 | JPMCB | Embassy Suites Glendale | Rooms | 88.1% | 02/28/18 | 114,000,000 | 03/29/18 | 59.6% | 37,000,000 | 250,000 | 37,000,000 | 250,000 | 5.2% | No | Yes - Group 1 | 5.44800 | 0.01975 | 5.42825 | Actual/360 | 170,313.06 | 2,043,756.67 |
| 5 | GACC | Sheraton Hotel Arlington | Rooms | 72.6% | 12/31/17 | 59,500,000 | 10/01/18 | 60.8% | 36,400,000 | 117,042 | 36,193,886 | 116,379 | 5.1% | No | No | 5.23000 | 0.03975 | 5.19025 | Actual/360 | 200,551.48 | 2,406,617.76 |
| 6 | SMF VI | Southland Shopping Center | Square Feet | 94.0% | 04/01/18 | 58,200,000 | 01/26/18 | 58.4% | 34,000,000 | 130 | 34,000,000 | 130 | 4.8% | No | No | 4.92500 | 0.01975 | 4.90525 | Actual/360 | 180,964.09 | 2,171,569.08 |
| 7 | BSP | The Metropolitan at Wilton Manors | Units | 96.1% | 04/18/18 | 54,000,000 | 03/15/18 | 62.0% | 33,500,000 | 187,151 | 33,500,000 | 187,151 | 4.7% | No | No | 5.12000 | 0.03725 | 5.08275 | Actual/360 | 144,918.52 | 1,739,022.24 |
| 8 | GACC | DreamWorks Campus | Square Feet | 100.0% | 06/06/18 | 297,000,000 | 08/03/17 | 31.0% | 30,000,000 | 185 | 30,000,000 | 185 | 4.2% | No | No | 2.29783 | 0.01600 | 2.28183 | Actual/360 | 58,243.51 | 698,922.12 |
| 9 | JPMCB | Meridian Corporate Center | Square Feet | 90.6% | 02/20/18 | 108,250,000 | 02/13/18 | 69.9% | 30,000,000 | 109 | 30,000,000 | 109 | 4.2% | No | No | 4.57460 | 0.02600 | 4.54860 | Actual/360 | 153,338.25 | 1,840,059.00 |
| 9.01 | JPMCB | 2520 Meridian Parkway | Square Feet | 100.0% | 02/20/18 | 22,400,000 | 02/13/18 | | 6,236,388 | | 6,236,388 | | 0.9% | | | | | | | | |
| 9.02 | JPMCB | 2525 Meridian Parkway | Square Feet | 71.6% | 02/20/18 | 16,300,000 | 02/13/18 | | 4,538,086 | | 4,538,086 | | 0.6% | | | | | | | | |
| 9.03 | JPMCB | 2605 Meridian Parkway | Square Feet | 89.2% | 02/20/18 | 12,850,000 | 02/13/18 | | 3,439,667 | | 3,439,667 | | 0.5% | | | | | | | | |
| 9.04 | JPMCB | 2810 Meridian Parkway | Square Feet | 88.8% | 02/20/18 | 12,300,000 | 02/13/18 | | 3,424,445 | | 3,424,445 | | 0.5% | | | | | | | | |
| 9.05 | JPMCB | 2510 Meridian Parkway | Square Feet | 83.6% | 02/20/18 | 11,500,000 | 02/13/18 | | 3,201,717 | | 3,201,717 | | 0.4% | | | | | | | | |
| 9.06 | JPMCB | 2600 Meridian Parkway | Square Feet | 99.1% | 02/20/18 | 10,000,000 | 02/13/18 | | 2,784,102 | | 2,784,102 | | 0.4% | | | | | | | | |
| 9.07 | JPMCB | 2700 Meridian Parkway | Square Feet | 100.0% | 02/20/18 | 7,200,000 | 02/13/18 | | 2,004,554 | | 2,004,554 | | 0.3% | | | | | | | | |
| 9.08 | JPMCB | 2800 Meridian Parkway | Square Feet | 100.0% | 02/20/18 | 6,500,000 | 02/13/18 | | 1,809,666 | | 1,809,666 | | 0.3% | | | | | | | | |
| 9.09 | JPMCB | 2505 Meridian Parkway | Square Feet | 100.0% | 02/20/18 | 6,400,000 | 02/13/18 | | 1,781,825 | | 1,781,825 | | 0.2% | | | | | | | | |
| 9.10 | JPMCB | 2500 Meridian Parkway | Square Feet | 75.8% | 02/20/18 | 2,800,000 | 02/13/18 | | 779,549 | | 779,549 | | 0.1% | | | | | | | | |
| 10 | GACC | Steelyard Commons | Square Feet | 94.0% | 05/09/18 | 59,400,000 | 02/09/18 | 74.5% | 30,000,000 | 167 | 30,000,000 | 167 | 4.2% | No | No | 4.85500 | 0.03725 | 4.81775 | Actual/360 | 158,398.48 | 1,900,781.76 |
| 11 | BSP | Constitution Plaza | Square Feet | 82.8% | 04/01/18 | 94,400,000 | 02/01/18 | 58.2% | 30,000,000 | 83 | 29,975,491 | 83 | 4.2% | No | No | 5.99000 | 0.01975 | 5.97025 | Actual/360 | 180,164.63 | 2,161,975.56 |
| 12 | JPMCB | U-Haul AREC 27 Portfolio | Units | 91.1% | 03/31/18 | 45,220,000 | Various | 62.8% | 28,500,000 | 6,412 | 28,397,637 | 6,389 | 4.0% | No | No | 4.33500 | 0.01975 | 4.31525 | Actual/360 | 155,754.97 | 1,869,059.64 |
| 12.01 | JPMCB | U-Haul Moving & Storage Of Goodyear | Units | 92.0% | 03/31/18 | 15,000,000 | 02/19/18 | | 9,450,000 | | 9,416,059 | | 1.3% | | | | | | | | |
| 12.02 | JPMCB | U-Haul Moving & Storage Of New Center | Units | 93.6% | 03/31/18 | 9,720,000 | 02/15/18 | | 6,130,000 | | 6,107,983 | | 0.9% | | | | | | | | |
| 12.03 | JPMCB | U-Haul Moving & Storage Of South Vineland | Units | 90.7% | 03/31/18 | 5,120,000 | 02/19/18 | | 3,230,000 | | 3,218,399 | | 0.5% | | | | | | | | |
| 12.04 | JPMCB | U-Haul Moving & Storage At Eakin Road | Units | 99.0% | 03/31/18 | 3,670,000 | 02/20/18 | | 2,310,000 | | 2,301,703 | | 0.3% | | | | | | | | |
| 12.05 | JPMCB | U-Haul Storage At Sharon Lane | Units | 78.6% | 03/31/18 | 2,990,000 | 02/12/18 | | 1,880,000 | | 1,873,248 | | 0.3% | | | | | | | | |
| 12.06 | JPMCB | U-Haul Storage Of Scranton | Units | 90.2% | 03/31/18 | 2,920,000 | 02/20/18 | | 1,840,000 | | 1,833,391 | | 0.3% | | | | | | | | |
| 12.07 | JPMCB | U-Haul Moving & Storage Of Prattville | Units | 93.7% | 03/31/18 | 2,900,000 | 02/19/18 | | 1,830,000 | | 1,823,427 | | 0.3% | | | | | | | | |
| 12.08 | JPMCB | U-Haul Moving & Storage Of Nampa | Units | 89.9% | 03/31/18 | 2,900,000 | 02/16/18 | | 1,830,000 | | 1,823,427 | | 0.3% | | | | | | | | |
| 13 | SMF VI | Northwest Business Center | Square Feet | 90.6% | 04/01/18 | 34,200,000 | 02/07/18 | 66.5% | 22,750,000 | 48 | 22,750,000 | 48 | 3.2% | No | No | 5.23000 | 0.01975 | 5.21025 | Actual/360 | 125,344.67 | 1,504,136.04 |
| 14 | SMF VI | Texas Hotel Portfolio | Rooms | 75.8% | 02/28/18 | 39,000,000 | Various | 53.1% | 20,725,000 | 63,379 | 20,693,565 | 63,283 | 2.9% | No | No | 5.08500 | 0.01975 | 5.06525 | Actual/360 | 122,184.87 | 1,466,218.44 |
| 14.01 | SMF VI | Holiday Inn & Suites Beaumont | Rooms | 76.8% | 02/28/18 | 30,000,000 | 03/23/18 | | 14,725,000 | | 14,702,665 | | 2.1% | | �� | | | | | | |
| 14.02 | SMF VI | Holiday Inn Express Van Horn | Rooms | 72.4% | 02/28/18 | 9,000,000 | 03/26/18 | | 6,000,000 | | 5,990,899 | | 0.8% | | | | | | | | |
| 15 | BSP | Troy Hotel Portfolio | Rooms | 77.4% | 03/31/18 | 29,800,000 | 04/13/18 | 57.0% | 17,000,000 | 96,045 | 17,000,000 | 96,045 | 2.4% | No | No | 5.22000 | 0.01975 | 5.20025 | Actual/360 | 101,571.45 | 1,218,857.40 |
| 15.01 | BSP | TownePlace Suites by Marriott Troy | Rooms | 76.9% | 03/31/18 | 15,200,000 | 04/13/18 | | 8,574,092 | | 8,574,092 | | 1.2% | | | | | | | | |
| 15.02 | BSP | Fairfield Inn & Suites by Marriott Troy | Rooms | 77.9% | 03/31/18 | 14,600,000 | 04/13/18 | | 8,425,908 | | 8,425,908 | | 1.2% | | | | | | | | |
| 16 | JPMCB | Twelve Oaks Mall | Square Feet | 91.9% | 02/01/18 | 552,900,000 | 12/14/17 | 36.0% | 16,666,666 | 279 | 16,609,145 | 278 | 2.3% | No | No | 4.39850 | 0.01600 | 4.38250 | Actual/360 | 81,658.48 | 979,901.76 |
| 17 | JPMCB | Lakewood Forest Plaza | Square Feet | 88.7% | 03/22/18 | 25,500,000 | 03/21/18 | 65.0% | 16,575,000 | 153 | 16,575,000 | 153 | 2.3% | No | No | 4.65000 | 0.01975 | 4.63025 | Actual/360 | 85,466.80 | 1,025,601.60 |
| 18 | SMF VI | 5805 Sepulveda Boulevard | Square Feet | 100.0% | 04/11/18 | 26,000,000 | 03/23/18 | 60.8% | 15,800,000 | 180 | 15,800,000 | 180 | 2.2% | No | No | 4.78500 | 0.01975 | 4.76525 | Actual/360 | 82,753.93 | 993,047.16 |
| 19 | GACC | Lehigh Valley Mall | Square Feet | 83.9% | 10/12/17 | 445,000,000 | 09/04/17 | 44.5% | 15,000,000 | 367 | 14,852,082 | 363 | 2.1% | No | No | 4.05600 | 0.01600 | 4.04000 | Actual/360 | 72,097.41 | 865,168.92 |
| 20 | SMF VI | 800 South Barranca | Square Feet | 97.5% | 03/15/18 | 23,900,000 | 01/29/18 | 60.7% | 14,500,000 | 161 | 14,500,000 | 161 | 2.0% | No | No | 4.89500 | 0.01975 | 4.87525 | Actual/360 | 76,911.31 | 922,935.72 |
| 21 | JPMCB | The Market at Cross Creek Ranch | Square Feet | 87.3% | 03/01/18 | 20,300,000 | 02/09/18 | 65.6% | 13,310,000 | 323 | 13,310,000 | 323 | 1.9% | No | No | 4.78500 | 0.05975 | 4.72525 | Actual/360 | 69,712.33 | 836,547.96 |
| 22 | GACC | Weslaco Shopping Center | Square Feet | 100.0% | 04/09/18 | 18,900,000 | 12/02/17 | 69.3% | 13,100,000 | 93 | 13,100,000 | 93 | 1.8% | No | No | 5.53000 | 0.01975 | 5.51025 | Actual/360 | 74,627.12 | 895,525.44 |
| 23 | JPMCB | Guardian Self Storage 2-Pack | Units | 84.2% | 02/08/18 | 20,950,000 | 02/13/18 | 58.7% | 12,300,000 | 9,746 | 12,300,000 | 9,746 | 1.7% | No | No | 4.46000 | 0.05975 | 4.40025 | Actual/360 | 46,349.93 | 556,199.17 |
| 23.01 | JPMCB | Brush Creek | Units | 86.1% | 02/08/18 | 13,830,000 | 02/13/18 | | 8,119,761 | | 8,119,761 | | 1.1% | | | | | | | | |
| 23.02 | JPMCB | North Huntingdon | Units | 81.9% | 02/08/18 | 7,120,000 | 02/13/18 | | 4,180,239 | | 4,180,239 | | 0.6% | | | | | | | | |
| 24 | GACC | Greenmark at Andrews | Units | 96.5% | 04/23/18 | 17,290,000 | 02/23/18 | 65.8% | 11,375,000 | 78,993 | 11,375,000 | 78,993 | 1.6% | No | No | 5.24500 | 0.01975 | 5.22525 | Actual/360 | 62,777.95 | 753,335.40 |
| 25 | GACC | Northridge Medical Tower | Square Feet | 85.3% | 03/19/18 | 13,150,000 | 03/08/18 | 63.5% | 8,350,000 | 252 | 8,350,000 | 252 | 1.2% | No | No | 4.92500 | 0.04975 | 4.87525 | Actual/360 | 34,745.76 | 416,949.12 |
| 26 | BSP | Dam Neck Shopping Center | Square Feet | 85.6% | 04/05/18 | 13,800,000 | 12/13/17 | 57.8% | 8,000,000 | 61 | 7,982,882 | 61 | 1.1% | No | No | 5.28000 | 0.01975 | 5.26025 | Actual/360 | 44,325.06 | 531,900.72 |
| 27 | SMF VI | Fort Knox Executive Park | Square Feet | 83.5% | 02/01/18 | 56,800,000 | 01/16/18 | 61.3% | 8,000,000 | 117 | 7,962,419 | 116 | 1.1% | No | No | 5.10300 | 0.01600 | 5.08700 | Actual/360 | 47,248.54 | 566,982.48 |
| 28 | SMF VI | 8851 Santa Monica Boulevard | Square Feet | 99.2% | 05/01/18 | 13,840,000 | 04/02/18 | 52.7% | 7,300,000 | 734 | 7,300,000 | 734 | 1.0% | No | No | 4.94000 | 0.01975 | 4.92025 | Actual/360 | 30,469.05 | 365,628.61 |
| 29 | SMF VI | Holiday Inn Express Albany | Rooms | 70.4% | 02/28/18 | 11,200,000 | 02/01/18 | 64.2% | 7,200,000 | 53,333 | 7,185,396 | 53,225 | 1.0% | No | No | 5.53000 | 0.01975 | 5.51025 | Actual/360 | 41,016.43 | 492,197.16 |
| 30 | GACC | Mezz 42 | Units | 95.6% | 05/10/18 | 9,500,000 | 10/23/17 | 66.3% | 6,300,000 | 140,000 | 6,300,000 | 140,000 | 0.9% | No | No | 5.20000 | 0.01975 | 5.18025 | Actual/360 | 34,593.99 | 415,127.88 |
| 31 | SMF VI | Adams Portfolio | Square Feet | 100.0% | Various | 9,180,000 | 11/15/17 | 67.5% | 6,200,000 | 275 | 6,200,000 | 275 | 0.9% | No | No | 4.78700 | 0.05975 | 4.72725 | Actual/360 | 32,480.55 | 389,766.60 |
| 31.01 | SMF VI | 4626 Maryland | Square Feet | 100.0% | 06/06/18 | 2,750,000 | 11/15/17 | | 2,294,492 | | 2,294,492 | | 0.3% | | | | | | | | |
| 31.02 | SMF VI | 4680 Maryland | Square Feet | 100.0% | 12/01/17 | 3,930,000 | 11/15/17 | | 2,218,008 | | 2,218,008 | | 0.3% | | | | | | | | |
| 31.03 | SMF VI | Sunset Property | Square Feet | 100.0% | 12/01/17 | 2,500,000 | 11/15/17 | | 1,687,500 | | 1,687,500 | | 0.2% | | | | | | | | |
| 32 | SMF VI | City View Farms | Units | 97.6% | 05/02/18 | 9,000,000 | 03/30/18 | 66.7% | 6,000,000 | 71,429 | 6,000,000 | 71,429 | 0.8% | No | No | 5.08600 | 0.05975 | 5.02625 | Actual/360 | 32,525.39 | 390,304.68 |
| 33 | GACC | JHMR Powderhorn | Units | 100.0% | 05/09/18 | 8,800,000 | 03/02/18 | 68.2% | 6,000,000 | 240,000 | 6,000,000 | 240,000 | 0.8% | No | No | 5.00500 | 0.01975 | 4.98525 | Actual/360 | 32,227.63 | 386,731.56 |
| 34 | SMF VI | Fireside IL Storage Portfolio | Units | 84.1% | 01/31/18 | 9,420,000 | 03/16/18 | 62.1% | 5,850,000 | 7,048 | 5,850,000 | 7,048 | 0.8% | No | No | 4.89500 | 0.01975 | 4.87525 | Actual/360 | 31,029.74 | 372,356.88 |
| 34.01 | SMF VI | Larry Power Storage | Units | 84.4% | 01/31/18 | 6,670,000 | 03/16/18 | | 3,825,000 | | 3,825,000 | | 0.5% | | | | | | | | |
| 34.02 | SMF VI | Armour Road Storage | Units | 83.6% | 01/31/18 | 2,750,000 | 03/16/18 | | 2,025,000 | | 2,025,000 | | 0.3% | | | | | | | | |
| 35 | BSP | Aaron’s Rent Portfolio | Square Feet | 100.0% | 06/06/18 | 11,650,000 | Various | 50.0% | 5,830,000 | 92 | 5,830,000 | 92 | 0.8% | No | No | 4.90000 | 0.01975 | 4.88025 | Actual/360 | 24,136.47 | 289,637.64 |
| 35.01 | BSP | Aaron’s Rent - Charlotte, NC | Square Feet | 100.0% | 06/06/18 | 1,900,000 | 02/21/18 | | 971,390 | | 971,390 | | 0.1% | | | | | | | | |
| 35.02 | BSP | Aaron’s Rent - Lower Burrell, PA | Square Feet | 100.0% | 06/06/18 | 1,900,000 | 02/14/18 | | 944,260 | | 944,260 | | 0.1% | | | | | | | | |
| 35.03 | BSP | Aaron’s Rent - Houston, TX | Square Feet | 100.0% | 06/06/18 | 1,730,000 | 02/20/18 | | 861,620 | | 861,620 | | 0.1% | | | | | | | | |
| 35.04 | BSP | Aaron’s Rent - Pleasanton, TX | Square Feet | 100.0% | 06/06/18 | 1,720,000 | 02/16/18 | | 857,010 | | 857,010 | | 0.1% | | | | | | | | |
| 35.05 | BSP | Aaron’s Rent - Zanesville, OH | Square Feet | 100.0% | 06/06/18 | 1,670,000 | 02/15/18 | | 832,430 | | 832,430 | | 0.1% | | | | | | | | |
| 35.06 | BSP | Aaron’s Rent - Pearland, TX | Square Feet | 100.0% | 06/06/18 | 1,380,000 | 02/15/18 | | 689,320 | | 689,320 | | 0.1% | | | | | | | | |
| 35.07 | BSP | Aaron’s Rent - Demopolis, AL | Square Feet | 100.0% | 06/06/18 | 1,350,000 | 02/17/18 | | 673,970 | | 673,970 | | 0.1% | | | | | | | | |
| 36 | GACC | Fountaingrove Executive Center | Square Feet | 100.0% | 03/06/18 | 8,120,000 | 01/26/18 | 69.0% | 5,600,000 | 150 | 5,600,000 | 150 | 0.8% | No | No | 4.60000 | 0.05975 | 4.54025 | Actual/360 | 28,708.08 | 344,496.96 |
| 37 | SMF VI | Shoppes at Schoolhouse Crossing | Square Feet | 93.5% | 02/28/18 | 8,000,000 | 01/23/18 | 70.0% | 5,600,000 | 151 | 5,600,000 | 151 | 0.8% | No | No | 5.24000 | 0.01975 | 5.22025 | Actual/360 | 30,888.73 | 370,664.76 |
| 38 | SMF VI | 1-21 Export Drive | Square Feet | 100.0% | 04/27/18 | 8,700,000 | 03/01/18 | 60.3% | 5,250,000 | 70 | 5,250,000 | 70 | 0.7% | No | No | 5.05000 | 0.01975 | 5.03025 | Actual/360 | 28,343.78 | 340,125.36 |
| 39 | BSP | Taylor Industrial | Square Feet | 100.0% | 05/01/18 | 7,600,000 | 03/14/18 | 62.4% | 4,750,000 | 20 | 4,745,152 | 20 | 0.7% | No | No | 5.17000 | 0.01975 | 5.15025 | Actual/360 | 25,994.81 | 311,937.72 |
| 40 | SMF VI | Sunrise Pass Estates MHC | Pads | 96.3% | 05/02/18 | 8,100,000 | 03/30/18 | 58.0% | 4,700,000 | 29,193 | 4,700,000 | 29,193 | 0.7% | No | No | 4.99000 | 0.01975 | 4.97025 | Actual/360 | 25,201.90 | 302,422.80 |
| 41 | SMF VI | Springfield Storage | Units | 99.8% | 02/28/18 | 3,720,000 | 03/21/18 | 63.2% | 2,350,000 | 4,617 | 2,350,000 | 4,617 | 0.3% | No | No | 4.87000 | 0.01975 | 4.85025 | Actual/360 | 12,429.26 | 149,151.12 |
| | | | | First | Partial IO | Partial IO Loan | Rem. | Rem. | | | Payment | Grace Period | Grace Period | | | Final | Maturity/ARD | | Maturity | Prepayment |
| Loan # | Seller(1) | Property Name | Note Date | Payment Date | Last IO Payment | First P&I Payment | 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) |
| 1 | GACC | Marina Heights State Farm | 12/07/17 | 02/06/18 | | | 115 | 0 | 120 | 5 | 6 | 0 | 0 | 01/06/28 | Yes | 01/06/33 | 50,000,000 | | 58.3% | L(11),Grtr1%orYM(102),O(7) |
| 2 | SMF VI | 1875 Atlantic Avenue | 04/27/18 | 06/06/18 | | | 119 | 0 | 120 | 1 | 6 | 0 | 0 | 05/06/28 | No | | 42,000,000 | | 60.7% | L(25),Def(89),O(6) |
| 3 | JPMCB | Atlantic Times Square | 03/20/18 | 05/01/18 | | | 118 | 0 | 120 | 2 | 1 | 0 | 0 | 04/01/28 | No | | 40,000,000 | | 59.8% | L(26),Def(90),O(4) |
| 4 | JPMCB | Embassy Suites Glendale | 05/08/18 | 07/01/18 | | | 60 | 0 | 60 | 0 | 1 | 0 | 0 | 06/01/23 | No | | 37,000,000 | | 59.6% | L(24),Def(32),O(4) |
| 5 | GACC | Sheraton Hotel Arlington | 12/20/17 | 02/06/18 | | | 55 | 355 | 0 | 5 | 6 | 0 | 0 | 01/06/23 | No | | 33,683,249 | | 56.6% | L(29),Def(27),O(4) |
| 6 | SMF VI | Southland Shopping Center | 04/20/18 | 06/06/18 | 05/06/22 | 06/06/22 | 119 | 360 | 48 | 1 | 6 | 0 | 0 | 05/06/28 | No | | 30,704,927 | | 52.8% | L(25),Def(89),O(6) |
| 7 | BSP | The Metropolitan at Wilton Manors | 05/01/18 | 06/06/18 | | | 119 | 0 | 120 | 1 | 6 | 0 | 0 | 05/06/28 | No | | 33,500,000 | | 62.0% | L(25),Def(91),O(4) |
| 8 | GACC | DreamWorks Campus | 11/20/17 | 01/06/18 | | | 54 | 0 | 60 | 6 | 6 | 0 | 0 | 12/06/22 | Yes | 12/06/24 | 30,000,000 | | 31.0% | L(30),Def(25),O(5) |
| 9 | JPMCB | Meridian Corporate Center | 03/20/18 | 05/01/18 | 04/01/23 | 05/01/23 | 118 | 360 | 60 | 2 | 1 | 0 | 0 | 04/01/28 | No | | 27,489,590 | | 64.1% | L(25),Grtr1%orYM(91),O(4) |
| 9.01 | JPMCB | 2520 Meridian Parkway | | | | | | | | | | | | | | | 5,714,525 | | | |
| 9.02 | JPMCB | 2525 Meridian Parkway | | | | | | | | | | | | | | | 4,158,338 | | | |
| 9.03 | JPMCB | 2605 Meridian Parkway | | | | | | | | | | | | | | | 3,151,835 | | | |
| 9.04 | JPMCB | 2810 Meridian Parkway | | | | | | | | | | | | | | | 3,137,887 | | | |
| 9.05 | JPMCB | 2510 Meridian Parkway | | | | | | | | | | | | | | | 2,933,796 | | | |
| 9.06 | JPMCB | 2600 Meridian Parkway | | | | | | | | | | | | | | | 2,551,127 | | | |
| 9.07 | JPMCB | 2700 Meridian Parkway | | | | | | | | | | | | | | | 1,836,812 | | | |
| 9.08 | JPMCB | 2800 Meridian Parkway | | | | | | | | | | | | | | | 1,658,233 | | | |
| 9.09 | JPMCB | 2505 Meridian Parkway | | | | | | | | | | | | | | | 1,632,722 | | | |
| 9.10 | JPMCB | 2500 Meridian Parkway | | | | | | | | | | | | | | | 714,316 | | | |
| 10 | GACC | Steelyard Commons | 04/03/18 | 05/06/18 | 04/06/20 | 05/06/20 | 118 | 360 | 24 | 2 | 6 | 0 | 0 | 04/06/28 | No | | 25,862,150 | | 64.2% | L(26),Def(90),O(4) |
| 11 | BSP | Constitution Plaza | 04/18/18 | 06/06/18 | | | 59 | 356 | 0 | 1 | 6 | 0 | 0 | 05/06/23 | No | | 28,029,464 | | 54.4% | L(25),Def(31),O(4) |
| 12 | JPMCB | U-Haul AREC 27 Portfolio | 03/29/18 | 05/01/18 | | | 118 | 298 | 0 | 2 | 1 | 0 | 0 | 04/01/28 | Yes | 04/01/38 | 20,788,220 | | 46.0% | L(26),Def(91),O(3) |
| 12.01 | JPMCB | U-Haul Moving & Storage Of Goodyear | | | | | | | | | | | | | | | 6,892,936 | | | |
| 12.02 | JPMCB | U-Haul Moving & Storage Of New Center | | | | | | | | | | | | | | | 4,471,291 | | | |
| 12.03 | JPMCB | U-Haul Moving & Storage Of South Vineland | | | | | | | | | | | | | | | 2,355,998 | | | |
| 12.04 | JPMCB | U-Haul Moving & Storage At Eakin Road | | | | | | | | | | | | | | | 1,684,940 | | | |
| 12.05 | JPMCB | U-Haul Storage At Sharon Lane | | | | | | | | | | | | | | | 1,371,293 | | | |
| 12.06 | JPMCB | U-Haul Storage Of Scranton | | | | | | | | | | | | | | | 1,342,117 | | | |
| 12.07 | JPMCB | U-Haul Moving & Storage Of Prattville | | | | | | | | | | | | | | | 1,334,823 | | | |
| 12.08 | JPMCB | U-Haul Moving & Storage Of Nampa | | | | | | | | | | | | | | | 1,334,823 | | | |
| 13 | SMF VI | Northwest Business Center | 04/23/18 | 06/06/18 | 05/06/22 | 06/06/22 | 119 | 360 | 48 | 1 | 6 | 0 | 0 | 05/06/28 | No | | 20,660,158 | | 60.4% | L(12),Grtr1%orYM(104),O(4) |
| 14 | SMF VI | Texas Hotel Portfolio | 05/01/18 | 06/06/18 | | | 119 | 299 | 0 | 1 | 6 | 0 | 0 | 05/06/28 | No | | 15,547,452 | | 39.9% | L(25),Def(91),O(4) |
| 14.01 | SMF VI | Holiday Inn & Suites Beaumont | | | | | | | | | | | | | | | 11,046,380 | | | |
| 14.02 | SMF VI | Holiday Inn Express Van Horn | | | | | | | | | | | | | | | 4,501,072 | | | |
| 15 | BSP | Troy Hotel Portfolio | 05/08/18 | 07/06/18 | | | 120 | 300 | 0 | 0 | 6 | 0 | 5 (One time only) | 06/06/28 | No | | 12,814,057 | | 43.0% | L(24),Def(92),O(4) |
| 15.01 | BSP | TownePlace Suites by Marriott Troy | | | | | | | | | | | | | | | 6,462,877 | | | |
| 15.02 | BSP | Fairfield Inn & Suites by Marriott Troy | | | | | | | | | | | | | | | 6,351,181 | | | |
| 16 | JPMCB | Twelve Oaks Mall | 02/28/18 | 04/06/18 | | | 117 | 357 | 0 | 3 | 6 | 0 | 0 | 03/06/28 | No | | 13,637,485 | | 29.6% | L(27),Def(89),O(4) |
| 17 | JPMCB | Lakewood Forest Plaza | 04/06/18 | 06/01/18 | 05/01/21 | 06/01/21 | 119 | 360 | 36 | 1 | 1 | 5 | 5 | 05/01/28 | No | | 14,560,102 | | 57.1% | L(25),Grtr1%orYM(92),O(3) |
| 18 | SMF VI | 5805 Sepulveda Boulevard | 04/13/18 | 06/06/18 | 11/06/19 | 12/06/19 | 119 | 360 | 18 | 1 | 6 | 0 | 0 | 05/06/28 | No | | 13,426,561 | | 51.6% | L(25),Def(91),O(4) |
| 19 | GACC | Lehigh Valley Mall | 10/13/17 | 12/01/17 | | | 113 | 353 | 0 | 7 | 1 | 0 | 0 | 11/01/27 | No | | 11,938,009 | | 35.8% | L(31),Def(82),O(7) |
| 20 | SMF VI | 800 South Barranca | 03/16/18 | 05/06/18 | 04/06/21 | 05/06/21 | 118 | 360 | 36 | 2 | 6 | 0 | 0 | 04/06/28 | No | | 12,807,068 | | 53.6% | L(26),Def(89),O(5) |
| 21 | JPMCB | The Market at Cross Creek Ranch | 04/10/18 | 06/01/18 | 05/01/23 | 06/01/23 | 119 | 360 | 60 | 1 | 1 | 0 | 0 | 05/01/28 | No | | 12,237,017 | | 60.3% | L(25),Grtr1%orYM(92),O(3) |
| 22 | GACC | Weslaco Shopping Center | 04/10/18 | 06/06/18 | 05/06/19 | 06/06/19 | 119 | 360 | 12 | 1 | 6 | 0 | 0 | 05/06/28 | No | | 11,229,151 | | 59.4% | L(25),Def(91),O(4) |
| 23 | JPMCB | Guardian Self Storage 2-Pack | 03/15/18 | 05/01/18 | | | 118 | 0 | 120 | 2 | 1 | 0 | 0 | 04/01/28 | No | | 12,300,000 | | 58.7% | L(25),Grtr1%orYM(92),O(3) |
| 23.01 | JPMCB | Brush Creek | | | | | | | | | | | | | | | 8,119,761 | | | |
| 23.02 | JPMCB | North Huntingdon | | | | | | | | | | | | | | | 4,180,239 | | | |
| 24 | GACC | Greenmark at Andrews | 04/25/18 | 06/06/18 | 05/06/21 | 06/06/21 | 119 | 360 | 36 | 1 | 6 | 0 | 0 | 05/06/28 | No | | 10,123,811 | | 58.6% | L(25),Def(91),O(4) |
| 25 | GACC | Northridge Medical Tower | 03/29/18 | 05/06/18 | | | 118 | 0 | 120 | 2 | 6 | 0 | 0 | 04/06/28 | No | | 8,350,000 | | 63.5% | L(12),Grtr2%orYM(103),O(5) |
| 26 | BSP | Dam Neck Shopping Center | 04/05/18 | 05/06/18 | | | 118 | 358 | 0 | 2 | 6 | 0 | 0 | 04/06/28 | No | | 6,637,830 | | 48.1% | L(26),Def(90),O(4) |
| 27 | SMF VI | Fort Knox Executive Park | 02/12/18 | 04/06/18 | | | 117 | 297 | 0 | 3 | 6 | 0 | 0 | 03/06/28 | No | | 6,005,466 | | 46.3% | L(27),Def(89),O(4) |
| 28 | SMF VI | 8851 Santa Monica Boulevard | 05/09/18 | 07/06/18 | | | 120 | 0 | 120 | 0 | 6 | 0 | 0 | 06/06/28 | No | | 7,300,000 | | 52.7% | L(24),DeforGrtr1%orYM(91),O(5) |
| 29 | SMF VI | Holiday Inn Express Albany | 03/15/18 | 05/06/18 | | | 118 | 358 | 0 | 2 | 6 | 0 | 0 | 04/06/28 | No | | 6,021,093 | | 53.8% | L(26),Def(89),O(5) |
| 30 | GACC | Mezz 42 | 05/11/18 | 07/06/18 | 06/06/21 | 07/06/21 | 120 | 360 | 36 | 0 | 6 | 0 | 0 | 06/06/28 | No | | 5,601,379 | | 59.0% | L(23),Grtr2%orYM(93),O(4) |
| 31 | SMF VI | Adams Portfolio | 12/11/17 | 02/06/18 | 01/06/20 | 02/06/20 | 115 | 360 | 24 | 5 | 6 | 0 | 0 | 01/06/28 | No | | 5,335,305 | | 58.1% | L(29),Def(87),O(4) |
| 31.01 | SMF VI | 4626 Maryland | | | | | | | | | | | | | | | 1,974,486 | | | |
| 31.02 | SMF VI | 4680 Maryland | | | | | | | | | | | | | | | 1,908,669 | | | |
| 31.03 | SMF VI | Sunset Property | | | | | | | | | | | | | | | 1,452,150 | | | |
| 32 | SMF VI | City View Farms | 05/04/18 | 06/06/18 | 05/06/20 | 06/06/20 | 119 | 360 | 24 | 1 | 6 | 0 | 0 | 05/06/28 | No | | 5,203,126 | | 57.8% | L(25),Def(91),O(4) |
| 33 | GACC | JHMR Powderhorn | 05/09/18 | 07/06/18 | 06/06/23 | 07/06/23 | 120 | 360 | 60 | 0 | 6 | 0 | 0 | 06/06/28 | No | | 5,534,823 | | 62.9% | L(24),Def(92),O(4) |
| 34 | SMF VI | Fireside IL Storage Portfolio | 03/29/18 | 05/06/18 | 04/06/23 | 05/06/23 | 118 | 360 | 60 | 2 | 6 | 0 | 0 | 04/06/28 | No | | 5,387,433 | | 57.2% | L(26),DeforGrtr1%orYM(89),O(5) |
| 34.01 | SMF VI | Larry Power Storage | | | | | | | | | | | | | | | 3,522,553 | | | |
| 34.02 | SMF VI | Armour Road Storage | | | | | | | | | | | | | | | 1,864,881 | | | |
| 35 | BSP | Aaron’s Rent Portfolio | 03/23/18 | 05/06/18 | | | 118 | 0 | 120 | 2 | 6 | 0 | 0 | 04/06/28 | No | | 5,830,000 | | 50.0% | L(26),Def(90),O(4) |
| 35.01 | BSP | Aaron’s Rent - Charlotte, NC | | | | | | | | | | | | | | | 971,390 | | | |
| 35.02 | BSP | Aaron’s Rent - Lower Burrell, PA | | | | | | | | | | | | | | | 944,260 | | | |
| 35.03 | BSP | Aaron’s Rent - Houston, TX | | | | | | | | | | | | | | | 861,620 | | | |
| 35.04 | BSP | Aaron’s Rent - Pleasanton, TX | | | | | | | | | | | | | | | 857,010 | | | |
| 35.05 | BSP | Aaron’s Rent - Zanesville, OH | | | | | | | | | | | | | | | 832,430 | | | |
| 35.06 | BSP | Aaron’s Rent - Pearland, TX | | | | | | | | | | | | | | | 689,320 | | | |
| 35.07 | BSP | Aaron’s Rent - Demopolis, AL | | | | | | | | | | | | | | | 673,970 | | | |
| 36 | GACC | Fountaingrove Executive Center | 03/08/18 | 05/06/18 | 04/06/22 | 05/06/22 | 118 | 360 | 48 | 2 | 6 | 0 | 0 | 04/06/28 | No | | 5,026,036 | | 61.9% | L(24),Grtr1%orYM(91),O(5) |
| 37 | SMF VI | Shoppes at Schoolhouse Crossing | 03/02/18 | 04/06/18 | 03/06/21 | 04/06/21 | 117 | 360 | 36 | 3 | 6 | 0 | 0 | 03/06/28 | No | | 4,983,554 | | 62.3% | L(27),Def(89),O(4) |
| 38 | SMF VI | 1-21 Export Drive | 05/04/18 | 06/06/18 | 05/06/23 | 06/06/23 | 119 | 360 | 60 | 1 | 6 | 0 | 0 | 05/06/28 | No | | 4,846,412 | | 55.7% | L(25),Def(91),O(4) |
| 39 | BSP | Taylor Industrial | 05/01/18 | 06/06/18 | | | 119 | 359 | 0 | 1 | 6 | 0 | 0 | 05/06/28 | No | | 3,927,638 | | 51.7% | L(25),Def(91),O(4) |
| 40 | SMF VI | Sunrise Pass Estates MHC | 05/04/18 | 06/06/18 | 05/06/20 | 06/06/20 | 119 | 360 | 24 | 1 | 6 | 0 | 0 | 05/06/28 | No | | 4,065,918 | | 50.2% | L(25),Def(91),O(4) |
| 41 | SMF VI | Springfield Storage | 04/12/18 | 06/06/18 | 05/06/21 | 06/06/21 | 119 | 360 | 36 | 1 | 6 | 0 | 0 | 05/06/28 | No | | 2,074,554 | | 55.8% | L(25),Def(90),O(5) |
| | | | HISTORICAL FINANCIALS(13) | |
| | | | | | | | | | | | | | | | | UW |
| | | | 2015 | 2015 | 2015 | 2016 | 2016 | 2016 | 2017 | 2017 | 2017 | Most Recent | Most Recent | Most Recent | | Economic |
| Loan # | Seller(1) | Property Name | Revenues ($) | Total Expenses ($) | NOI ($) | Revenues ($) | Total Expenses ($) | NOI ($) | Revenues ($) | Total Expenses ($) | NOI ($) | Revenues ($) | Total Expenses ($) | NOI ($)(14) | As of | Occupancy % |
| 1 | GACC | Marina Heights State Farm | | | | | | | | | | | | | | 98.7% |
| 2 | SMF VI | 1875 Atlantic Avenue | | | | | | | | | | | | | | 95.8% |
| 3 | JPMCB | Atlantic Times Square | 12,065,407 | 4,022,677 | 8,042,730 | 13,515,561 | 4,235,008 | 9,280,553 | 14,417,336 | 4,498,174 | 9,919,162 | 14,504,628 | 4,526,659 | 9,977,969 | 02/28/18 | 95.0% |
| 4 | JPMCB | Embassy Suites Glendale | 19,096,354 | 11,376,614 | 7,719,740 | 21,001,005 | 12,555,856 | 8,445,149 | 19,976,380 | 12,503,441 | 7,472,939 | 19,903,033 | 12,519,358 | 7,383,675 | 02/28/18 | 88.1% |
| 5 | GACC | Sheraton Hotel Arlington | 16,907,203 | 11,948,727 | 4,958,476 | 16,532,297 | 11,894,644 | 4,637,653 | 17,359,843 | 12,158,450 | 5,201,393 | | | | | 72.6% |
| 6 | SMF VI | Southland Shopping Center | 4,586,017 | 1,886,472 | 2,699,545 | 4,560,958 | 1,659,064 | 2,901,894 | 4,430,581 | 1,610,619 | 2,819,962 | | | | | 95.9% |
| 7 | BSP | The Metropolitan at Wilton Manors | | | | | | | 3,906,974 | 2,011,267 | 1,895,707 | 4,288,283 | 1,919,880 | 2,368,403 | 03/30/18 | 95.0% |
| 8 | GACC | DreamWorks Campus | | | | 13,334,684 | 157,172 | 13,177,512 | | | | 13,484,575 | 151,213 | 13,333,362 | 09/30/17 | 98.0% |
| 9 | JPMCB | Meridian Corporate Center | 12,316,834 | 5,210,481 | 7,106,354 | 12,596,797 | 5,368,484 | 7,228,314 | 13,036,744 | 5,582,846 | 7,453,899 | | | | | 91.0% |
| 9.01 | JPMCB | 2520 Meridian Parkway | | | | | | | | | | | | | | |
| 9.02 | JPMCB | 2525 Meridian Parkway | | | | | | | | | | | | | | |
| 9.03 | JPMCB | 2605 Meridian Parkway | | | | | | | | | | | | | | |
| 9.04 | JPMCB | 2810 Meridian Parkway | | | | | | | | | | | | | | |
| 9.05 | JPMCB | 2510 Meridian Parkway | | | | | | | | | | | | | | |
| 9.06 | JPMCB | 2600 Meridian Parkway | | | | | | | | | | | | | | |
| 9.07 | JPMCB | 2700 Meridian Parkway | | | | | | | | | | | | | | |
| 9.08 | JPMCB | 2800 Meridian Parkway | | | | | | | | | | | | | | |
| 9.09 | JPMCB | 2505 Meridian Parkway | | | | | | | | | | | | | | |
| 9.10 | JPMCB | 2500 Meridian Parkway | | | | | | | | | | | | | | |
| 10 | GACC | Steelyard Commons | 8,692,570 | 4,775,181 | 3,917,389 | 8,715,286 | 4,903,097 | 3,812,189 | 8,437,125 | 5,011,181 | 3,425,944 | | | | | 94.5% |
| 11 | BSP | Constitution Plaza | 15,539,538 | 8,871,307 | 6,668,231 | 15,128,531 | 8,229,542 | 6,898,989 | 13,314,816 | 8,242,540 | 5,072,276 | | | | | 87.6% |
| 12 | JPMCB | U-Haul AREC 27 Portfolio | | | | | | | 3,955,933 | 1,291,879 | 2,664,054 | 4,155,186 | 1,330,949 | 2,824,239 | 03/31/18 | 93.2% |
| 12.01 | JPMCB | U-Haul Moving & Storage Of Goodyear | | | | | | | 1,106,619 | 277,435 | 829,184 | 1,187,518 | 307,127 | 880,391 | 03/31/18 | 94.6% |
| 12.02 | JPMCB | U-Haul Moving & Storage Of New Center | | | | | | | 900,951 | 292,784 | 608,167 | 915,208 | 298,464 | 616,745 | 03/31/18 | 96.2% |
| 12.03 | JPMCB | U-Haul Moving & Storage Of South Vineland | | | | | | | 440,172 | 157,603 | 282,569 | 473,793 | 160,392 | 313,401 | 03/31/18 | 90.6% |
| 12.04 | JPMCB | U-Haul Moving & Storage At Eakin Road | | | | | | | 395,559 | 179,317 | 216,242 | 418,556 | 181,880 | 236,676 | 03/31/18 | 99.3% |
| 12.05 | JPMCB | U-Haul Storage At Sharon Lane | | | | | | | 328,831 | 85,058 | 243,772 | 338,770 | 83,832 | 254,938 | 03/31/18 | 80.1% |
| 12.06 | JPMCB | U-Haul Storage Of Scranton | | | | | | | 231,770 | 59,118 | 172,652 | 247,990 | 57,017 | 190,973 | 03/31/18 | 88.6% |
| 12.07 | JPMCB | U-Haul Moving & Storage Of Prattville | | | | | | | 238,698 | 109,378 | 129,321 | 252,906 | 111,876 | 141,031 | 03/31/18 | 96.2% |
| 12.08 | JPMCB | U-Haul Moving & Storage Of Nampa | | | | | | | 313,333 | 131,186 | 182,147 | 320,445 | 130,361 | 190,084 | 03/31/18 | 93.6% |
| 13 | SMF VI | Northwest Business Center | 2,784,537 | 1,108,827 | 1,675,710 | 3,097,440 | 1,040,182 | 2,057,258 | 3,419,196 | 1,077,387 | 2,341,809 | 3,473,402 | 1,076,883 | 2,396,519 | 02/28/18 | 91.3% |
| 14 | SMF VI | Texas Hotel Portfolio | 7,046,667 | 5,966,297 | 1,080,370 | 6,954,305 | 5,601,804 | 1,352,501 | 9,933,047 | 6,785,936 | 3,147,111 | 10,772,643 | 7,106,034 | 3,666,610 | 02/28/18 | 75.8% |
| 14.01 | SMF VI | Holiday Inn & Suites Beaumont | 7,046,667 | 5,966,297 | 1,080,370 | 6,954,305 | 5,601,804 | 1,352,501 | 8,053,669 | 5,613,453 | 2,440,217 | 8,652,479 | 5,805,838 | 2,846,641 | 02/28/18 | 76.8% |
| 14.02 | SMF VI | Holiday Inn Express Van Horn | | | | | | | 1,879,378 | 1,172,484 | 706,895 | 2,120,164 | 1,300,195 | 819,968 | 02/28/18 | 72.4% |
| 15 | BSP | Troy Hotel Portfolio | | | | | | | 6,038,123 | 2,837,535 | 3,200,588 | 6,203,742 | 2,864,645 | 3,339,098 | 03/31/18 | 77.4% |
| 15.01 | BSP | TownePlace Suites by Marriott Troy | | | | | | | 3,104,077 | 1,390,349 | 1,713,728 | 3,132,190 | 1,379,364 | 1,752,826 | 03/31/18 | 76.9% |
| 15.02 | BSP | Fairfield Inn & Suites by Marriott Troy | | | | | | | 2,934,046 | 1,447,186 | 1,486,860 | 3,071,552 | 1,485,281 | 1,586,272 | 03/31/18 | 77.9% |
| 16 | JPMCB | Twelve Oaks Mall | 48,945,558 | 13,248,393 | 35,697,165 | 49,470,075 | 13,200,966 | 36,269,109 | | | | 47,095,819 | 12,959,706 | 34,136,114 | 11/30/17 | 90.1% |
| 17 | JPMCB | Lakewood Forest Plaza | 2,451,106 | 558,047 | 1,893,059 | 2,461,121 | 604,490 | 1,856,631 | 2,598,346 | 632,393 | 1,965,953 | | | | | 92.9% |
| 18 | SMF VI | 5805 Sepulveda Boulevard | 2,153,779 | 966,462 | 1,187,317 | 2,649,211 | 1,066,555 | 1,582,656 | 1,649,479 | 756,513 | 892,966 | | | | | 90.0% |
| 19 | GACC | Lehigh Valley Mall | 36,151,146 | 9,508,909 | 26,642,237 | 36,598,789 | 9,104,230 | 27,494,559 | | | | 35,447,338 | 9,071,090 | 26,376,248 | 08/31/17 | 92.3% |
| 20 | SMF VI | 800 South Barranca | 2,073,017 | 751,714 | 1,321,302 | 2,293,763 | 750,507 | 1,543,256 | 2,224,175 | 808,983 | 1,415,192 | | | | | 90.1% |
| 21 | JPMCB | The Market at Cross Creek Ranch | | | | | | | | | | | | | | 88.1% |
| 22 | GACC | Weslaco Shopping Center | 2,097,629 | 816,634 | 1,280,995 | 2,058,166 | 761,889 | 1,296,277 | | | | 2,048,089 | 760,428 | 1,287,661 | 11/30/17 | 95.0% |
| 23 | JPMCB | Guardian Self Storage 2-Pack | 1,555,176 | 719,197 | 835,979 | 1,685,646 | 743,484 | 942,162 | 1,965,362 | 825,586 | 1,139,776 | 1,982,216 | 817,822 | 1,164,394 | 01/31/18 | 84.0% |
| 23.01 | JPMCB | Brush Creek | 928,244 | 400,407 | 527,837 | 1,017,702 | 413,283 | 604,419 | 1,256,047 | 471,472 | 784,575 | 1,270,875 | 464,991 | 805,884 | 01/31/18 | 86.8% |
| 23.02 | JPMCB | North Huntingdon | 626,932 | 318,790 | 308,142 | 667,944 | 330,201 | 337,743 | 709,315 | 354,114 | 355,201 | 711,341 | 352,831 | 358,510 | 01/31/18 | 79.0% |
| 24 | GACC | Greenmark at Andrews | 501,429 | 216,685 | 284,744 | 1,158,039 | 417,021 | 741,018 | 1,955,781 | 588,608 | 1,367,173 | 2,069,353 | 599,777 | 1,469,576 | 02/28/18 | 94.2% |
| 25 | GACC | Northridge Medical Tower | | | | 1,166,314 | 426,726 | 739,588 | 1,247,703 | 432,354 | 815,349 | | | | | 88.3% |
| 26 | BSP | Dam Neck Shopping Center | 1,051,422 | 306,749 | 744,673 | 638,479 | 288,943 | 349,536 | 248,300 | 237,579 | 10,721 | | | | | 78.0% |
| 27 | SMF VI | Fort Knox Executive Park | | | | | | | | | | 6,051,070 | 1,693,712 | 4,357,358 | 11/30/17 | 83.3% |
| 28 | SMF VI | 8851 Santa Monica Boulevard | 577,960 | 175,128 | 402,832 | 635,445 | 153,041 | 482,404 | 776,248 | 157,344 | 618,904 | 803,486 | 160,531 | 642,955 | 03/31/18 | 95.0% |
| 29 | SMF VI | Holiday Inn Express Albany | 2,887,442 | 2,457,206 | 430,236 | 2,842,809 | 2,476,219 | 366,590 | 3,593,498 | 2,599,950 | 993,548 | 3,611,015 | 2,628,893 | 982,123 | 02/28/18 | 70.4% |
| 30 | GACC | Mezz 42 | | | | | | | | | | 823,347 | 282,125 | 541,222 | 02/28/18 | 94.0% |
| 31 | SMF VI | Adams Portfolio | 625,907 | 143,451 | 482,456 | 667,284 | 141,111 | 526,173 | | | | 726,026 | 124,529 | 601,497 | 10/31/17 | 95.0% |
| 31.01 | SMF VI | 4626 Maryland | 188,073 | 25,074 | 162,999 | 209,110 | 26,889 | 182,220 | | | | 217,942 | 31,287 | 186,654 | 10/31/17 | 95.0% |
| 31.02 | SMF VI | 4680 Maryland | 293,372 | 60,030 | 233,342 | 252,141 | 36,409 | 215,732 | | | | 277,371 | 36,105 | 241,266 | 10/31/17 | 95.0% |
| 31.03 | SMF VI | Sunset Property | 144,462 | 58,347 | 86,115 | 206,033 | 77,812 | 128,221 | | | | 230,713 | 57,136 | 173,577 | 10/31/17 | 95.0% |
| 32 | SMF VI | City View Farms | | | | 791,947 | 478,970 | 312,978 | 960,578 | 495,764 | 464,814 | 937,751 | 430,580 | 507,171 | 01/31/18 | 95.0% |
| 33 | GACC | JHMR Powderhorn | | | | 637,601 | 143,822 | 493,779 | 659,294 | 191,714 | 467,580 | | | | | 95.0% |
| 34 | SMF VI | Fireside IL Storage Portfolio | 1,012,204 | 330,451 | 681,753 | 1,016,597 | 364,699 | 651,898 | 1,022,396 | 348,391 | 674,005 | 1,022,206 | 349,757 | 672,449 | 01/31/18 | 85.8% |
| 34.01 | SMF VI | Larry Power Storage | 628,073 | 186,364 | 441,709 | 626,341 | 201,968 | 424,373 | 628,467 | 183,416 | 445,051 | 628,256 | 183,995 | 444,261 | 01/31/18 | 85.8% |
| 34.02 | SMF VI | Armour Road Storage | 384,131 | 144,087 | 240,044 | 390,256 | 162,732 | 227,525 | 393,929 | 164,974 | 228,954 | 393,950 | 165,763 | 228,187 | 01/31/18 | 85.6% |
| 35 | BSP | Aaron’s Rent Portfolio | | | | | | | | | | | | | | 90.0% |
| 35.01 | BSP | Aaron’s Rent - Charlotte, NC | | | | | | | | | | | | | | |
| 35.02 | BSP | Aaron’s Rent - Lower Burrell, PA | | | | | | | | | | | | | | |
| 35.03 | BSP | Aaron’s Rent - Houston, TX | | | | | | | | | | | | | | |
| 35.04 | BSP | Aaron’s Rent - Pleasanton, TX | | | | | | | | | | | | | | |
| 35.05 | BSP | Aaron’s Rent - Zanesville, OH | | | | | | | | | | | | | | |
| 35.06 | BSP | Aaron’s Rent - Pearland, TX | | | | | | | | | | | | | | |
| 35.07 | BSP | Aaron’s Rent - Demopolis, AL | | | | | | | | | | | | | | |
| 36 | GACC | Fountaingrove Executive Center | 646,101 | 279,547 | 366,554 | 551,377 | 295,591 | 255,786 | 792,477 | 331,375 | 461,102 | | | | | 94.1% |
| 37 | SMF VI | Shoppes at Schoolhouse Crossing | 1,052,149 | 314,508 | 737,641 | 1,067,085 | 314,751 | 752,334 | 1,088,225 | 315,181 | 773,044 | | | | | 93.5% |
| 38 | SMF VI | 1-21 Export Drive | 562,727 | 179,522 | 383,205 | 713,102 | 179,571 | 533,530 | 717,670 | 162,612 | 555,058 | 726,485 | 160,673 | 565,812 | 03/31/18 | 95.0% |
| 39 | BSP | Taylor Industrial | 766,558 | 255,829 | 510,729 | 772,776 | 281,956 | 490,820 | 877,292 | 482,374 | 394,918 | 1,031,128 | 545,033 | 486,095 | 03/31/18 | 86.4% |
| 40 | SMF VI | Sunrise Pass Estates MHC | 842,880 | 414,414 | 428,466 | 851,709 | 435,329 | 416,380 | 933,909 | 439,692 | 494,217 | 927,920 | 411,504 | 516,416 | 03/31/18 | 80.3% |
| 41 | SMF VI | Springfield Storage | 364,318 | 167,583 | 196,735 | 384,678 | 183,475 | 201,203 | 402,661 | 159,824 | 242,838 | 420,585 | 160,982 | 259,603 | 02/28/18 | 96.2% |
| | | | UW | UW Total | UW | UW Capital | UW | UW | UW NCF | UW NOI | UW NCF | | Ground Lease | Ground Lease | Franchise |
| Loan # | Seller(1) | Property Name | Revenues ($)(3) | Expenses ($) | NOI ($)(3)(14)(15) | Items ($) | NCF ($)(3)(15) | NOI DSCR(16) | DSCR(16) | Debt Yield % | Debt Yield % | Title Type(17) | Expiration | Extension Terms | Expiration Date(18) |
| 1 | GACC | Marina Heights State Farm | 83,160,015 | 19,826,859 | 63,333,156 | 195,923 | 63,137,233 | 3.13 | 3.12 | 11.3% | 11.3% | Leasehold | 08/16/2112 | One, min 25 - max 99 year option | |
| 2 | SMF VI | 1875 Atlantic Avenue | 3,454,388 | 460,421 | 2,993,967 | 23,600 | 2,970,367 | 1.44 | 1.43 | 7.1% | 7.1% | Fee | | | |
| 3 | JPMCB | Atlantic Times Square | 14,250,504 | 4,913,493 | 9,337,011 | 369,775 | 8,967,236 | 1.94 | 1.86 | 9.5% | 9.2% | Fee | | | |
| 4 | JPMCB | Embassy Suites Glendale | 19,903,033 | 12,222,381 | 7,680,652 | 0 | 7,680,652 | 2.04 | 2.04 | 11.3% | 11.3% | Fee | | | 06/30/2028 |
| 5 | GACC | Sheraton Hotel Arlington | 17,359,843 | 12,273,814 | 5,086,029 | 694,394 | 4,391,636 | 2.11 | 1.82 | 14.1% | 12.1% | Leasehold | 09/30/2033 | Three, 15-year options | 10/31/2034 |
| 6 | SMF VI | Southland Shopping Center | 5,148,868 | 1,652,585 | 3,496,283 | 299,991 | 3,196,292 | 1.61 | 1.47 | 10.3% | 9.4% | Fee | | | |
| 7 | BSP | The Metropolitan at Wilton Manors | 4,475,265 | 1,869,810 | 2,605,455 | 35,800 | 2,569,655 | 1.50 | 1.48 | 7.8% | 7.7% | Fee | | | |
| 8 | GACC | DreamWorks Campus | 13,855,836 | 239,684 | 13,616,152 | 99,481 | 13,516,671 | 6.35 | 6.31 | 14.8% | 14.7% | Fee | | | |
| 9 | JPMCB | Meridian Corporate Center | 13,496,059 | 5,134,415 | 8,361,644 | 796,056 | 7,565,588 | 1.80 | 1.63 | 11.0% | 10.0% | Fee | | | |
| 9.01 | JPMCB | 2520 Meridian Parkway | | | | | | | | | | Fee | | | |
| 9.02 | JPMCB | 2525 Meridian Parkway | | | | | | | | | | Fee | | | |
| 9.03 | JPMCB | 2605 Meridian Parkway | | | | | | | | | | Fee | | | |
| 9.04 | JPMCB | 2810 Meridian Parkway | | | | | | | | | | Fee | | | |
| 9.05 | JPMCB | 2510 Meridian Parkway | | | | | | | | | | Fee | | | |
| 9.06 | JPMCB | 2600 Meridian Parkway | | | | | | | | | | Fee | | | |
| 9.07 | JPMCB | 2700 Meridian Parkway | | | | | | | | | | Fee | | | |
| 9.08 | JPMCB | 2800 Meridian Parkway | | | | | | | | | | Fee | | | |
| 9.09 | JPMCB | 2505 Meridian Parkway | | | | | | | | | | Fee | | | |
| 9.10 | JPMCB | 2500 Meridian Parkway | | | | | | | | | | Fee | | | |
| 10 | GACC | Steelyard Commons | 9,313,853 | 5,157,557 | 4,156,296 | 253,077 | 3,903,219 | 1.48 | 1.39 | 9.4% | 8.8% | Fee | | | |
| 11 | BSP | Constitution Plaza | 15,719,218 | 9,170,725 | 6,548,493 | 882,886 | 5,665,607 | 1.65 | 1.43 | 11.9% | 10.3% | Fee | | | |
| 12 | JPMCB | U-Haul AREC 27 Portfolio | 4,542,028 | 1,363,455 | 3,178,571 | 91,836 | 3,086,734 | 1.70 | 1.65 | 11.2% | 10.9% | Fee | | | |
| 12.01 | JPMCB | U-Haul Moving & Storage Of Goodyear | 1,257,312 | 310,199 | 947,113 | 8,163 | 938,950 | | | | | Fee | | | |
| 12.02 | JPMCB | U-Haul Moving & Storage Of New Center | 911,298 | 297,033 | 614,264 | 4,501 | 609,764 | | | | | Fee | | | |
| 12.03 | JPMCB | U-Haul Moving & Storage Of South Vineland | 556,401 | 166,615 | 389,786 | 12,850 | 376,936 | | | | | Fee | | | |
| 12.04 | JPMCB | U-Haul Moving & Storage At Eakin Road | 481,913 | 186,644 | 295,269 | 37,849 | 257,420 | | | | | Fee | | | |
| 12.05 | JPMCB | U-Haul Storage At Sharon Lane | 344,447 | 87,756 | 256,691 | 13,400 | 243,291 | | | | | Fee | | | |
| 12.06 | JPMCB | U-Haul Storage Of Scranton | 290,977 | 63,148 | 227,829 | 1,727 | 226,101 | | | | | Fee | | | |
| 12.07 | JPMCB | U-Haul Moving & Storage Of Prattville | 363,715 | 119,641 | 244,074 | 6,569 | 237,504 | | | | | Fee | | | |
| 12.08 | JPMCB | U-Haul Moving & Storage Of Nampa | 335,965 | 132,419 | 203,545 | 6,777 | 196,768 | | | | | Fee | | | |
| 13 | SMF VI | Northwest Business Center | 3,906,890 | 1,064,403 | 2,842,487 | 353,217 | 2,489,270 | 1.89 | 1.65 | 12.5% | 10.9% | Fee | | | |
| 14 | SMF VI | Texas Hotel Portfolio | 10,772,643 | 7,705,043 | 3,067,600 | 0 | 3,067,600 | 2.09 | 2.09 | 14.8% | 14.8% | Fee | | | |
| 14.01 | SMF VI | Holiday Inn & Suites Beaumont | 8,652,479 | 6,262,486 | 2,389,993 | 0 | 2,389,993 | | | | | Fee | | | 01/09/2030 |
| 14.02 | SMF VI | Holiday Inn Express Van Horn | 2,120,164 | 1,442,557 | 677,607 | 0 | 677,607 | | | | | Fee | | | 12/29/2036 |
| 15 | BSP | Troy Hotel Portfolio | 6,203,742 | 3,243,660 | 2,960,082 | 248,150 | 2,711,933 | 2.43 | 2.22 | 17.4% | 16.0% | Fee | | | |
| 15.01 | BSP | TownePlace Suites by Marriott Troy | 3,132,190 | 1,639,116 | 1,493,073 | 125,288 | 1,367,786 | | | | | Fee | | | 08/15/2036 |
| 15.02 | BSP | Fairfield Inn & Suites by Marriott Troy | 3,071,552 | 1,604,544 | 1,467,009 | 122,862 | 1,344,147 | | | | | Fee | | | 11/21/2036 |
| 16 | JPMCB | Twelve Oaks Mall | 42,899,192 | 12,304,366 | 30,594,826 | 583,717 | 30,011,109 | 2.60 | 2.55 | 15.4% | 15.1% | Fee | | | |
| 17 | JPMCB | Lakewood Forest Plaza | 2,429,732 | 642,250 | 1,787,483 | 140,421 | 1,647,062 | 1.74 | 1.61 | 10.8% | 9.9% | Fee | | | |
| 18 | SMF VI | 5805 Sepulveda Boulevard | 2,493,644 | 860,458 | 1,633,186 | 86,814 | 1,546,372 | 1.64 | 1.56 | 10.3% | 9.8% | Fee | | | |
| 19 | GACC | Lehigh Valley Mall | 33,855,087 | 8,922,902 | 24,932,185 | 1,005,356 | 23,926,829 | 2.16 | 2.07 | 12.6% | 12.1% | Fee | | | |
| 20 | SMF VI | 800 South Barranca | 2,340,702 | 818,411 | 1,522,291 | 114,398 | 1,407,893 | 1.65 | 1.53 | 10.5% | 9.7% | Fee | | | |
| 21 | JPMCB | The Market at Cross Creek Ranch | 1,570,764 | 348,372 | 1,222,391 | 47,828 | 1,174,563 | 1.46 | 1.40 | 9.2% | 8.8% | Fee | | | |
| 22 | GACC | Weslaco Shopping Center | 1,936,125 | 588,083 | 1,348,041 | 71,868 | 1,276,174 | 1.51 | 1.43 | 10.3% | 9.7% | Fee | | | |
| 23 | JPMCB | Guardian Self Storage 2-Pack | 2,030,452 | 791,996 | 1,238,456 | 15,579 | 1,222,878 | 2.23 | 2.20 | 10.1% | 9.9% | Fee | | | |
| 23.01 | JPMCB | Brush Creek | 1,342,212 | 436,776 | 905,436 | 8,452 | 896,984 | | | | | Fee | | | |
| 23.02 | JPMCB | North Huntingdon | 688,240 | 355,220 | 333,020 | 7,127 | 325,894 | | | | | Fee | | | |
| 24 | GACC | Greenmark at Andrews | 2,230,042 | 832,662 | 1,397,380 | 36,000 | 1,361,380 | 1.85 | 1.81 | 12.3% | 12.0% | Fee | | | |
| 25 | GACC | Northridge Medical Tower | 1,312,122 | 533,213 | 778,909 | 53,093 | 725,816 | 1.87 | 1.74 | 9.3% | 8.7% | Fee | | | |
| 26 | BSP | Dam Neck Shopping Center | 1,075,345 | 274,602 | 800,743 | 85,215 | 715,528 | 1.51 | 1.35 | 10.0% | 9.0% | Fee | | | |
| 27 | SMF VI | Fort Knox Executive Park | 5,908,027 | 1,795,684 | 4,112,344 | 196,986 | 3,915,358 | 1.66 | 1.58 | 11.8% | 11.2% | Fee | | | |
| 28 | SMF VI | 8851 Santa Monica Boulevard | 841,971 | 152,801 | 689,170 | 11,938 | 677,232 | 1.88 | 1.85 | 9.4% | 9.3% | Fee | | | |
| 29 | SMF VI | Holiday Inn Express Albany | 3,611,015 | 2,785,036 | 825,979 | 0 | 825,979 | 1.68 | 1.68 | 11.5% | 11.5% | Fee | | | 04/10/2025 |
| 30 | GACC | Mezz 42 | 854,788 | 326,417 | 528,372 | 11,793 | 516,578 | 1.27 | 1.24 | 8.4% | 8.2% | Fee | | | |
| 31 | SMF VI | Adams Portfolio | 758,636 | 129,977 | 628,658 | 16,892 | 611,767 | 1.61 | 1.57 | 10.1% | 9.9% | Fee | | | |
| 31.01 | SMF VI | 4626 Maryland | 212,574 | 31,180 | 181,394 | 4,500 | 176,894 | | | | | Fee | | | |
| 31.02 | SMF VI | 4680 Maryland | 296,439 | 36,798 | 259,642 | 4,350 | 255,292 | | | | | Fee | | | |
| 31.03 | SMF VI | Sunset Property | 249,622 | 61,999 | 187,623 | 8,042 | 179,582 | | | | | Fee | | | |
| 32 | SMF VI | City View Farms | 931,109 | 372,022 | 559,087 | 25,225 | 533,862 | 1.43 | 1.37 | 9.3% | 8.9% | Fee | | | |
| 33 | GACC | JHMR Powderhorn | 611,325 | 90,434 | 520,891 | 1,812 | 519,079 | 1.35 | 1.34 | 8.7% | 8.7% | Fee | | | |
| 34 | SMF VI | Fireside IL Storage Portfolio | 959,469 | 345,260 | 614,209 | 10,125 | 604,083 | 1.65 | 1.62 | 10.5% | 10.3% | Fee/Leasehold | | | |
| 34.01 | SMF VI | Larry Power Storage | 628,256 | 183,322 | 444,934 | 4,976 | 439,958 | | | | | Fee | | | |
| 34.02 | SMF VI | Armour Road Storage | 331,213 | 161,938 | 169,275 | 5,149 | 164,125 | | | | | Fee/Leasehold | 01/31/2020 | Two, five-year options | |
| 35 | BSP | Aaron’s Rent Portfolio | 984,254 | 242,831 | 741,422 | 15,991 | 725,431 | 2.56 | 2.50 | 12.7% | 12.4% | Fee | | | |
| 35.01 | BSP | Aaron’s Rent - Charlotte, NC | | | | | | | | | | Fee | | | |
| 35.02 | BSP | Aaron’s Rent - Lower Burrell, PA | | | | | | | | | | Fee | | | |
| 35.03 | BSP | Aaron’s Rent - Houston, TX | | | | | | | | | | Fee | | | |
| 35.04 | BSP | Aaron’s Rent - Pleasanton, TX | | | | | | | | | | Fee | | | |
| 35.05 | BSP | Aaron’s Rent - Zanesville, OH | | | | | | | | | | Fee | | | |
| 35.06 | BSP | Aaron’s Rent - Pearland, TX | | | | | | | | | | Fee | | | |
| 35.07 | BSP | Aaron’s Rent - Demopolis, AL | | | | | | | | | | Fee | | | |
| 36 | GACC | Fountaingrove Executive Center | 1,026,177 | 401,618 | 624,559 | 47,159 | 577,399 | 1.81 | 1.68 | 11.2% | 10.3% | Fee | | | |
| 37 | SMF VI | Shoppes at Schoolhouse Crossing | 1,005,372 | 340,723 | 664,649 | 44,400 | 620,249 | 1.79 | 1.67 | 11.9% | 11.1% | Fee/Leasehold | 03/01/2047 | None | |
| 38 | SMF VI | 1-21 Export Drive | 705,121 | 158,005 | 547,115 | 44,837 | 502,278 | 1.61 | 1.48 | 10.4% | 9.6% | Fee | | | |
| 39 | BSP | Taylor Industrial | 1,168,728 | 594,350 | 574,378 | 49,042 | 525,336 | 1.84 | 1.68 | 12.1% | 11.1% | Fee | | | |
| 40 | SMF VI | Sunrise Pass Estates MHC | 927,920 | 460,784 | 467,136 | 8,855 | 458,281 | 1.54 | 1.52 | 9.9% | 9.8% | Fee | | | |
| 41 | SMF VI | Springfield Storage | 420,585 | 165,098 | 255,487 | 6,928 | 248,559 | 1.71 | 1.67 | 10.9% | 10.6% | Fee | | | |
| | | | | | UPFRONT ESCROW(19) |
| | | | | | | | | | | | | | |
| | | | | | Upfront Capex | Upfront Engin. | Upfront Envir. | Upfront TI/LC | Upfront RE Tax | Upfront Ins. | Upfront Debt Service | Upfront Other | Other Upfront |
| Loan # | Seller(1) | Property Name | PML % | | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Description ($) |
| 1 | GACC | Marina Heights State Farm | | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2 | SMF VI | 1875 Atlantic Avenue | | | 0 | 0 | 0 | 0 | 19,197 | 18,888 | 0 | 0 | |
| 3 | JPMCB | Atlantic Times Square | 11% | | 4,744 | 0 | 0 | 11,487 | 483,974 | 140,595 | 0 | 0 | |
| 4 | JPMCB | Embassy Suites Glendale | 11% | | 69,500 | 0 | 0 | 0 | 347,034 | 0 | 0 | 0 | |
| 5 | GACC | Sheraton Hotel Arlington | | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,253,991 | Capital Improvement Reserve: 1,310,000; PIP Reserve: 892,160; Ground Rent Reserve: 51,831 |
| 6 | SMF VI | Southland Shopping Center | | | 0 | 24,375 | 0 | 0 | 693,791 | 56,824 | 0 | 1,243,059 | Outstanding TI/LC: 1,046,899.35; Rent Concession: 196,159.82 |
| 7 | BSP | The Metropolitan at Wilton Manors | | | 107,400 | 1,563 | 0 | 0 | 477,167 | 18,000 | 0 | 0 | |
| 8 | GACC | DreamWorks Campus | 10% | | 0 | 0 | 0 | 0 | 0 | 53,091 | 0 | 562,887 | Payment Reserve |
| 9 | JPMCB | Meridian Corporate Center | | | 12,681 | 0 | 0 | 2,350,000 | 435,013 | 0 | 0 | 3,903,855 | Outstanding TI/LC Reserve: 3,125,744; Free Rent Reserve: 778,111 |
| 9.01 | JPMCB | 2520 Meridian Parkway | | | | | | | | | | | |
| 9.02 | JPMCB | 2525 Meridian Parkway | | | | | | | | | | | |
| 9.03 | JPMCB | 2605 Meridian Parkway | | | | | | | | | | | |
| 9.04 | JPMCB | 2810 Meridian Parkway | | | | | | | | | | | |
| 9.05 | JPMCB | 2510 Meridian Parkway | | | | | | | | | | | |
| 9.06 | JPMCB | 2600 Meridian Parkway | | | | | | | | | | | |
| 9.07 | JPMCB | 2700 Meridian Parkway | | | | | | | | | | | |
| 9.08 | JPMCB | 2800 Meridian Parkway | | | | | | | | | | | |
| 9.09 | JPMCB | 2505 Meridian Parkway | | | | | | | | | | | |
| 9.10 | JPMCB | 2500 Meridian Parkway | | | | | | | | | | | |
| 10 | GACC | Steelyard Commons | | | 0 | 0 | 0 | 0 | 427,774 | 0 | 0 | 1,062,594 | Aspire Reserve: 901,140; Aspire LC Reserve: 161,454.25 |
| 11 | BSP | Constitution Plaza | | | 0 | 152,500 | 0 | 0 | 927,676 | 0 | 0 | 3,869,702 | Landlord Obligations Reserve: 2,528,403; Free Rent Reserve: 1,299,538.62; Hartford BID Reserve: 41,760 |
| 12 | JPMCB | U-Haul AREC 27 Portfolio | | | 45,918 | 134,663 | 0 | 0 | 189,510 | 0 | 0 | 0 | |
| 12.01 | JPMCB | U-Haul Moving & Storage Of Goodyear | | | | | | | | | | | |
| 12.02 | JPMCB | U-Haul Moving & Storage Of New Center | | | | | | | | | | | |
| 12.03 | JPMCB | U-Haul Moving & Storage Of South Vineland | | | | | | | | | | | |
| 12.04 | JPMCB | U-Haul Moving & Storage At Eakin Road | | | | | | | | | | | |
| 12.05 | JPMCB | U-Haul Storage At Sharon Lane | | | | | | | | | | | |
| 12.06 | JPMCB | U-Haul Storage Of Scranton | | | | | | | | | | | |
| 12.07 | JPMCB | U-Haul Moving & Storage Of Prattville | | | | | | | | | | | |
| 12.08 | JPMCB | U-Haul Moving & Storage Of Nampa | | | | | | | | | | | |
| 13 | SMF VI | Northwest Business Center | | | 533,597 | 2,743,895 | 0 | 154,677 | 190,192 | 0 | 0 | 612,178 | Vacant Unit Improvements Reserve |
| 14 | SMF VI | Texas Hotel Portfolio | | | 0 | 14,063 | 0 | 0 | 156,228 | 139,066 | 0 | 0 | |
| 14.01 | SMF VI | Holiday Inn & Suites Beaumont | | | | | | | | | | | |
| 14.02 | SMF VI | Holiday Inn Express Van Horn | | | | | | | | | | | |
| 15 | BSP | Troy Hotel Portfolio | | | 0 | 0 | 0 | 0 | 175,083 | 0 | 0 | 0 | |
| 15.01 | BSP | TownePlace Suites by Marriott Troy | | | | | | | | | | | |
| 15.02 | BSP | Fairfield Inn & Suites by Marriott Troy | | | | | | | | | | | |
| 16 | JPMCB | Twelve Oaks Mall | | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,627,403 | Unfunded Obligations Reserve |
| 17 | JPMCB | Lakewood Forest Plaza | | | 1,350 | 10,469 | 0 | 10,352 | 90,134 | 0 | 0 | 0 | |
| 18 | SMF VI | 5805 Sepulveda Boulevard | 8% | | 0 | 0 | 0 | 250,000 | 61,478 | 17,385 | 0 | 330,904 | Rent Concession Reserve |
| 19 | GACC | Lehigh Valley Mall | | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 651,533 | Outstanding TI/LC Reserve: 443,000; Tenant Rent Holdback Reserve: 208,533 |
| 20 | SMF VI | 800 South Barranca | 13% | | 0 | 9,625 | 0 | 500,000 | 53,354 | 16,623 | 0 | 0 | |
| 21 | JPMCB | The Market at Cross Creek Ranch | | | 465 | 0 | 0 | 0 | 62,258 | 0 | 0 | 1,558,813 | Accretive Leasing Reserve: 750,000; Outstanding TI/LC Reserve: 589,731; Free Rent Reserve: 219,082 |
| 22 | GACC | Weslaco Shopping Center | | | 0 | 0 | 0 | 200,000 | 161,721 | 0 | 0 | 0 | |
| 23 | JPMCB | Guardian Self Storage 2-Pack | | | 0 | 0 | 0 | 0 | 53,000 | 0 | 0 | 0 | |
| 23.01 | JPMCB | Brush Creek | | | | | | | | | | | |
| 23.02 | JPMCB | North Huntingdon | | | | | | | | | | | |
| 24 | GACC | Greenmark at Andrews | | | 0 | 875 | 0 | 0 | 58,665 | 0 | 0 | 0 | |
| 25 | GACC | Northridge Medical Tower | 10% | | 0 | 0 | 0 | 50,000 | 12,783 | 0 | 0 | 107,034 | Approved Leasing Expenses: 65,000; Free Rent Reserve: 42,034.15 |
| 26 | BSP | Dam Neck Shopping Center | | | 0 | 10,000 | 0 | 0 | 42,534 | 16,472 | 0 | 303,839 | Free Rent Reserve |
| 27 | SMF VI | Fort Knox Executive Park | | | 170,000 | 0 | 0 | 1,000,000 | 128,130 | 121,337 | 0 | 4,115,078 | Outstanding TI/LC Reserve: 2,812,378; AHCA Gap Rent Reserve: 1,302,300; Association Reserve: 400 |
| 28 | SMF VI | 8851 Santa Monica Boulevard | 19% | | 0 | 19,050 | 0 | 0 | 3,026 | 0 | 0 | 0 | |
| 29 | SMF VI | Holiday Inn Express Albany | | | 0 | 0 | 0 | 0 | 88,213 | 88,013 | 0 | 300,000 | Performance Reserve |
| 30 | GACC | Mezz 42 | | | 0 | 0 | 0 | 0 | 22,893 | 3,695 | 0 | 0 | |
| 31 | SMF VI | Adams Portfolio | | | 0 | 0 | 0 | 125,000 | 0 | 7,702 | 0 | 0 | |
| 31.01 | SMF VI | 4626 Maryland | | | | | | | | | | | |
| 31.02 | SMF VI | 4680 Maryland | | | | | | | | | | | |
| 31.03 | SMF VI | Sunset Property | | | | | | | | | | | |
| 32 | SMF VI | City View Farms | | | 0 | 0 | 0 | 0 | 6,083 | 4,302 | 0 | 0 | |
| 33 | GACC | JHMR Powderhorn | 6% | | 0 | 0 | 0 | 0 | 7,941 | 5,734 | 0 | 0 | |
| 34 | SMF VI | Fireside IL Storage Portfolio | | | 0 | 0 | 0 | 0 | 48,870 | 2,366 | 0 | 0 | |
| 34.01 | SMF VI | Larry Power Storage | | | | | | | | | | | |
| 34.02 | SMF VI | Armour Road Storage | | | | | | | | | | | |
| 35 | BSP | Aaron’s Rent Portfolio | | | 80,000 | 0 | 0 | 300,000 | 0 | 0 | 0 | 0 | |
| 35.01 | BSP | Aaron’s Rent - Charlotte, NC | | | | | | | | | | | |
| 35.02 | BSP | Aaron’s Rent - Lower Burrell, PA | | | | | | | | | | | |
| 35.03 | BSP | Aaron’s Rent - Houston, TX | | | | | | | | | | | |
| 35.04 | BSP | Aaron’s Rent - Pleasanton, TX | | | | | | | | | | | |
| 35.05 | BSP | Aaron’s Rent - Zanesville, OH | | | | | | | | | | | |
| 35.06 | BSP | Aaron’s Rent - Pearland, TX | | | | | | | | | | | |
| 35.07 | BSP | Aaron’s Rent - Demopolis, AL | | | | | | | | | | | |
| 36 | GACC | Fountaingrove Executive Center | 8% | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 255,034 | In Home Health Reserves |
| 37 | SMF VI | Shoppes at Schoolhouse Crossing | | | 0 | 21,350 | 10,500 | 0 | 62,493 | 3,643 | 0 | 0 | |
| 38 | SMF VI | 1-21 Export Drive | | | 214,000 | 11,500 | 0 | 0 | 0 | 9,393 | 0 | 0 | |
| 39 | BSP | Taylor Industrial | | | 0 | 12,000 | 0 | 350,000 | 95,250 | 16,928 | 0 | 76,800 | Roof Repair Reserve |
| 40 | SMF VI | Sunrise Pass Estates MHC | 9% | | 0 | 0 | 0 | 0 | 4,446 | 2,890 | 0 | 0 | |
| 41 | SMF VI | Springfield Storage | | | 0 | 0 | 0 | 0 | 0 | 1,421 | 0 | 0 | |
| | | | | MONTHLY ESCROW(20) | | RESERVE CAPS(21) |
| | | | | | | | | | | | | | | | | | | |
| | | | | Monthly Capex | Monthly Envir. | Monthly TI/LC | Monthly RE Tax | Monthly Ins. | Monthly Other | Other Monthly | | CapEx | Envir. | TI/LC | RE Tax | Insur. | Debt Service | Other |
| Loan # | Seller(1) | Property Name | | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Reserve ($) | Description ($) | | Reserve Cap ($) | Reserve Cap ($) | Reserve Cap ($) | Reserve Cap ($) | Reserve Cap ($) | Reserve Cap ($) | Reserve Cap ($) |
| 1 | GACC | Marina Heights State Farm | | Springing | 0 | Springing | Springing | Springing | Springing | Ground Rent Reserve | | | | | | | | |
| 2 | SMF VI | 1875 Atlantic Avenue | | 1,967 | 0 | 0 | 3,839 | 3,778 | 0 | | | 118,000 | | | | | | |
| 3 | JPMCB | Atlantic Times Square | | 4,744 | 0 | 11,487 | 161,325 | 15,622 | Springing (Excess Cash) | AMC Reserve Fund | | | | 344,595 | | | | 2,000,000 |
| 4 | JPMCB | Embassy Suites Glendale | | 4% of Gross Revenues | 0 | 0 | 69,407 | Springing | 0 | | | | | | | | | |
| 5 | GACC | Sheraton Hotel Arlington | | 4% of Gross Revenues | 0 | 0 | 48,723 | Springing | Springing | Ground Rent Reserve: Springing; PIP Reserve: Springing | | | | | | | | |
| 6 | SMF VI | Southland Shopping Center | | 3,261 | 0 | 16,304 | 78,656 | 4,735 | 0 | | | | | 587,000 | | | | |
| 7 | BSP | The Metropolitan at Wilton Manors | | Springing | 0 | 0 | 68,167 | 9,000 | 0 | | | | | | | | | |
| 8 | GACC | DreamWorks Campus | | Springing | 0 | Springing | Springing | 8,849 | 0 | | | | | | | | | |
| 9 | JPMCB | Meridian Corporate Center | | 12,681 | 0 | Springing | 108,753 | Springing | 5,492 | Avaya Reserve: $5,492; Parata Reserve: Springing | | 304,350 | | 2,075,115 | | | | Parata Reserve: 800,000 |
| 9.01 | JPMCB | 2520 Meridian Parkway | | | | | | | | | | | | | | | | |
| 9.02 | JPMCB | 2525 Meridian Parkway | | | | | | | | | | | | | | | | |
| 9.03 | JPMCB | 2605 Meridian Parkway | | | | | | | | | | | | | | | | |
| 9.04 | JPMCB | 2810 Meridian Parkway | | | | | | | | | | | | | | | | |
| 9.05 | JPMCB | 2510 Meridian Parkway | | | | | | | | | | | | | | | | |
| 9.06 | JPMCB | 2600 Meridian Parkway | | | | | | | | | | | | | | | | |
| 9.07 | JPMCB | 2700 Meridian Parkway | | | | | | | | | | | | | | | | |
| 9.08 | JPMCB | 2800 Meridian Parkway | | | | | | | | | | | | | | | | |
| 9.09 | JPMCB | 2505 Meridian Parkway | | | | | | | | | | | | | | | | |
| 9.10 | JPMCB | 2500 Meridian Parkway | | | | | | | | | | | | | | | | |
| 10 | GACC | Steelyard Commons | | 4,423 | 0 | 16,667 | 106,943 | Springing | 0 | | | | | 1,000,000 | | | | |
| 11 | BSP | Constitution Plaza | | 10,989 | 0 | 68,679 | 309,225 | 19,223 | 3,797 | Hartford BID Reserve | | | | | | | | |
| 12 | JPMCB | U-Haul AREC 27 Portfolio | | Springing | 0 | 0 | Springing | Springing | 0 | | | 45,918 | | | | | | |
| 12.01 | JPMCB | U-Haul Moving & Storage Of Goodyear | | | | | | | | | | | | | | | | |
| 12.02 | JPMCB | U-Haul Moving & Storage Of New Center | | | | | | | | | | | | | | | | |
| 12.03 | JPMCB | U-Haul Moving & Storage Of South Vineland | | | | | | | | | | | | | | | | |
| 12.04 | JPMCB | U-Haul Moving & Storage At Eakin Road | | | | | | | | | | | | | | | | |
| 12.05 | JPMCB | U-Haul Storage At Sharon Lane | | | | | | | | | | | | | | | | |
| 12.06 | JPMCB | U-Haul Storage Of Scranton | | | | | | | | | | | | | | | | |
| 12.07 | JPMCB | U-Haul Moving & Storage Of Prattville | | | | | | | | | | | | | | | | |
| 12.08 | JPMCB | U-Haul Moving & Storage Of Nampa | | | | | | | | | | | | | | | | |
| 13 | SMF VI | Northwest Business Center | | 3,925 | 0 | 25,510 | 23,774 | Springing | 0 | | | 141,300 | | 918,396 | | | | |
| 14 | SMF VI | Texas Hotel Portfolio | | 2% of Gross Revenues | 0 | 0 | 27,037 | 13,907 | 0 | | | | | | | | | |
| 14.01 | SMF VI | Holiday Inn & Suites Beaumont | | | | | | | | | | | | | | | | |
| 14.02 | SMF VI | Holiday Inn Express Van Horn | | | | | | | | | | | | | | | | |
| 15 | BSP | Troy Hotel Portfolio | | 4% of Gross Revenues | 0 | 0 | 15,917 | 5,177 | Springing | PIP Reserve | | | | | | | | |
| 15.01 | BSP | TownePlace Suites by Marriott Troy | | | | | | | | | | | | | | | | |
| 15.02 | BSP | Fairfield Inn & Suites by Marriott Troy | | | | | | | | | | | | | | | | |
| 16 | JPMCB | Twelve Oaks Mall | | Springing | 0 | Springing | Springing | Springing | 0 | | | 274,500 | | 1,647,000 | | | | |
| 17 | JPMCB | Lakewood Forest Plaza | | 1,350 | 0 | 10,352 | 30,045 | Springing | 0 | | | | | | | | | |
| 18 | SMF VI | 5805 Sepulveda Boulevard | | 1,754 | 0 | 7,308 | 15,370 | 1,449 | 0 | | | 300,000 | | 575,000 | | | | |
| 19 | GACC | Lehigh Valley Mall | | Springing | 0 | 81,785 | Springing | Springing | Springing | Release Parcel Reserve | | 327,140 | | 2,994,258 | | | | |
| 20 | SMF VI | 800 South Barranca | | 1,199 | 0 | 20,000 | 17,785 | 1,662 | 0 | | | | | 850,000 | | | | |
| 21 | JPMCB | The Market at Cross Creek Ranch | | 465 | 0 | Springing | 15,565 | Springing | 0 | | | 16,722 | | 139,350 | | | | |
| 22 | GACC | Weslaco Shopping Center | | 1,767 | 0 | 5,889 | 32,344 | Springing | 0 | | | | | | | | | |
| 23 | JPMCB | Guardian Self Storage 2-Pack | | Springing | 0 | 0 | 9,370 | Springing | 0 | | | | | | | | | |
| 23.01 | JPMCB | Brush Creek | | | | | | | | | | | | | | | | |
| 23.02 | JPMCB | North Huntingdon | | | | | | | | | | | | | | | | |
| 24 | GACC | Greenmark at Andrews | | 3,000 | 0 | 0 | 7,333 | Springing | 0 | | | | | | | | | |
| 25 | GACC | Northridge Medical Tower | | 692 | 0 | 4,146 | 4,261 | Springing | 0 | | | 24,897 | | 350,000 | | | | |
| 26 | BSP | Dam Neck Shopping Center | | 1,639 | 0 | 5,463 | 7,089 | 5,491 | 0 | | | 78,660 | | 327,750 | | | | |
| 27 | SMF VI | Fort Knox Executive Park | | 5,394 | 0 | Springing | 32,033 | 12,421 | Springing | AHCA TI Reserve: Springing; Association Reserve: Springing | | | | 1,000,000 | | | | Association Reserve: 400 |
| 28 | SMF VI | 8851 Santa Monica Boulevard | | 166 | 0 | Springing | 6,005 | Springing | 0 | | | 5,976 | | | | | | |
| 29 | SMF VI | Holiday Inn Express Albany | | 4% of Gross Revenues | 0 | 0 | 14,086 | 10,311 | Springing | PIP Reserve | | | | | | | | |
| 30 | GACC | Mezz 42 | | 875 | 0 | 0 | 11,447 | Springing | 0 | | | | | | | | | |
| 31 | SMF VI | Adams Portfolio | | 282 | 0 | 3,754 | 1,916 | 963 | 0 | | | 35,000 | | 350,000 | | | | |
| 31.01 | SMF VI | 4626 Maryland | | | | | | | | | | | | | | | | |
| 31.02 | SMF VI | 4680 Maryland | | | | | | | | | | | | | | | | |
| 31.03 | SMF VI | Sunset Property | | | | | | | | | | | | | | | | |
| 32 | SMF VI | City View Farms | | 2,100 | 0 | 0 | 6,083 | 2,151 | 0 | | | 84,000 | | | | | | |
| 33 | GACC | JHMR Powderhorn | | 151 | 0 | 0 | 3,970 | 1,911 | 0 | | | | | | | | | |
| 34 | SMF VI | Fireside IL Storage Portfolio | | 844 | 0 | 0 | 6,109 | 789 | Springing | Property Improvement Reserve | | | | | | | | |
| 34.01 | SMF VI | Larry Power Storage | | | | | | | | | | | | | | | | |
| 34.02 | SMF VI | Armour Road Storage | | | | | | | | | | | | | | | | |
| 35 | BSP | Aaron’s Rent Portfolio | | Springing | 0 | Springing | Springing | Springing | 0 | | | 80,000 | | 300,000 | | | | |
| 35.01 | BSP | Aaron’s Rent - Charlotte, NC | | | | | | | | | | | | | | | | |
| 35.02 | BSP | Aaron’s Rent - Lower Burrell, PA | | | | | | | | | | | | | | | | |
| 35.03 | BSP | Aaron’s Rent - Houston, TX | | | | | | | | | | | | | | | | |
| 35.04 | BSP | Aaron’s Rent - Pleasanton, TX | | | | | | | | | | | | | | | | |
| 35.05 | BSP | Aaron’s Rent - Zanesville, OH | | | | | | | | | | | | | | | | |
| 35.06 | BSP | Aaron’s Rent - Pearland, TX | | | | | | | | | | | | | | | | |
| 35.07 | BSP | Aaron’s Rent - Demopolis, AL | | | | | | | | | | | | | | | | |
| 36 | GACC | Fountaingrove Executive Center | | 811 | 0 | 3,119 | 4,402 | Springing | 0 | | | 19,463 | | 112,284 | | | | |
| 37 | SMF VI | Shoppes at Schoolhouse Crossing | | 617 | 0 | 3,083 | 9,354 | 729 | 0 | | | | | 150,000 | | | | |
| 38 | SMF VI | 1-21 Export Drive | | 1,245 | 0 | 2,491 | 6,054 | 783 | 0 | | | | | | | | | |
| 39 | BSP | Taylor Industrial | | 2,001 | 0 | Springing | 13,607 | 2,116 | Springing | Lease Sweep Reserve | | | | 350,000 | | | | |
| 40 | SMF VI | Sunrise Pass Estates MHC | | 671 | 0 | 0 | 2,223 | 1,445 | 0 | | | 60,000 | | | | | | |
| 41 | SMF VI | Springfield Storage | | 577 | 0 | 0 | 3,329 | 710 | 0 | | | | | | | | | |
| | | | | LARGEST TENANT(3), (22), (23), (24) | | 2nd LARGEST TENANT(3), (23), (24) | | 3rd LARGEST TENANT(3), (24) | | 4th LARGEST TENANT(3), (24) |
| | | | | | | | | | | | | | | | | | | |
| | | | Single | | | Lease | | | | 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 | | 4th Largest Tenant | Unit Size | Expiration |
| 1 | GACC | Marina Heights State Farm | No | State Farm | 1,973,248 | 12/31/42 | | Mountainside Fitness | 17,485 | 03/31/27 | | Compass | 16,800 | 12/31/31 | | Honor Health | 5,736 | 07/31/27 |
| 2 | SMF VI | 1875 Atlantic Avenue | No | | | | | | | | | | | | | | | |
| 3 | JPMCB | Atlantic Times Square | No | AMC Theater | 75,000 | 08/31/30 | | 24 Hour Fitness | 30,842 | 08/31/25 | | Atlantic Seafood and Dim Sum Restaurant | 12,000 | 03/20/22 | | Teletron | 6,205 | 01/31/26 |
| 4 | JPMCB | Embassy Suites Glendale | No | | | | | | | | | | | | | | | |
| 5 | GACC | Sheraton Hotel Arlington | No | | | | | | | | | | | | | | | |
| 6 | SMF VI | Southland Shopping Center | No | LA Fitness | 45,000 | 12/31/23 | | Fresh Thyme | 28,709 | 07/31/28 | | Jo-Ann Fabrics | 18,960 | 01/31/23 | | Harbor Freight | 15,975 | 08/31/19 |
| 7 | BSP | The Metropolitan at Wilton Manors | No | | | | | | | | | | | | | | | |
| 8 | GACC | DreamWorks Campus | Yes | DreamWorks | 497,404 | 02/28/35 | | | | | | | | | | | | |
| 9 | JPMCB | Meridian Corporate Center | No | | | | | | | | | | | | | | | |
| 9.01 | JPMCB | 2520 Meridian Parkway | No | Parexel International, LLC | 103,899 | 12/31/26 | | Pappas Capital, LLC | 7,817 | 10/31/21 | | NCS Pearson, Inc. | 2,047 | 01/31/22 | | Chordoma Foundation | 1,520 | 03/31/20 |
| 9.02 | JPMCB | 2525 Meridian Parkway | No | Merritt, Webb, Wilson & Caruso PLLC | 17,500 | 11/30/21 | | Nuventra, Inc. | 15,151 | 08/31/23 | | MDB, Inc. | 5,575 | 02/28/23 | | Gary Gaulden LLC | 5,371 | 08/31/24 |
| 9.03 | JPMCB | 2605 Meridian Parkway | No | Avaya, Inc. | 49,387 | 05/31/27 | | Leidos Innovations Corporation | 6,430 | 03/31/22 | | Piedmont Investment Advisors, LLC | 6,003 | 11/30/20 | | Scriptorium Publishing SE | 2,516 | 02/29/20 |
| 9.04 | JPMCB | 2810 Meridian Parkway | No | Spoonflower, Inc. | 44,384 | 02/28/25 | | Tergus Pharma, LLC | 19,489 | 04/30/21 | | Family Health International | 16,083 | 04/30/24 | | Qualyst Transporter Solutions, LLC | 6,096 | 06/30/18 |
| 9.05 | JPMCB | 2510 Meridian Parkway | No | BASF Corporation | 21,226 | 09/30/21 | | Health Decisions | 20,445 | 06/30/23 | | Cerner Corporation | 12,190 | 09/30/24 | | | | |
| 9.06 | JPMCB | 2600 Meridian Parkway | No | Parata Systems, LLC | 65,000 | 12/31/21 | | | | | | | | | | | | |
| 9.07 | JPMCB | 2700 Meridian Parkway | No | NVIDIA Corporation | 33,226 | 12/31/24 | | Professional Recover | 18,411 | 05/31/20 | | | | | | | | |
| 9.08 | JPMCB | 2800 Meridian Parkway | No | EBSCO Publishing, Inc. | 27,368 | 10/31/21 | | Connections Education | 10,876 | 08/31/24 | | Parion Sciences, Inc. | 9,248 | 11/30/20 | | Nuance Communications, Inc. | 3,574 | 07/31/18 |
| 9.09 | JPMCB | 2505 Meridian Parkway | No | Chimerix, Inc. | 24,862 | 02/28/21 | | Unicorn HRO, LLC | 11,393 | 12/31/22 | | Camargo Pharmaceutical Services, LLC | 6,450 | 09/30/22 | | | | |
| 9.10 | JPMCB | 2500 Meridian Parkway | No | CrossFit 919 | 5,953 | 02/28/21 | | Polarean, Inc. | 4,177 | 09/30/21 | | Café Meridian | 3,153 | 08/31/19 | | Gentiva Health Services | 1,900 | 05/31/19 |
| 10 | GACC | Steelyard Commons | No | Aspire Fitness | 30,038 | 10/31/32 | | Marshall’s | 28,608 | 05/31/27 | | K&G | 22,410 | 08/31/23 | | Party City | 20,388 | 12/31/25 |
| 11 | BSP | Constitution Plaza | No | XL America, Inc | 126,183 | 12/31/27 | | Shipman & Goodwin, LLP | 110,145 | 07/31/26 | | UCONN School of Business | 63,241 | 06/30/27 | | The City of Hartford | 47,954 | 06/30/28 |
| 12 | JPMCB | U-Haul AREC 27 Portfolio | No | | | | | | | | | | | | | | | |
| 12.01 | JPMCB | U-Haul Moving & Storage Of Goodyear | No | | | | | | | | | | | | | | | |
| 12.02 | JPMCB | U-Haul Moving & Storage Of New Center | No | | | | | | | | | | | | | | | |
| 12.03 | JPMCB | U-Haul Moving & Storage Of South Vineland | No | | | | | | | | | | | | | | | |
| 12.04 | JPMCB | U-Haul Moving & Storage At Eakin Road | No | | | | | | | | | | | | | | | |
| 12.05 | JPMCB | U-Haul Storage At Sharon Lane | No | | | | | | | | | | | | | | | |
| 12.06 | JPMCB | U-Haul Storage Of Scranton | No | | | | | | | | | | | | | | | |
| 12.07 | JPMCB | U-Haul Moving & Storage Of Prattville | No | | | | | | | | | | | | | | | |
| 12.08 | JPMCB | U-Haul Moving & Storage Of Nampa | No | | | | | | | | | | | | | | | |
| 13 | SMF VI | Northwest Business Center | No | The Original Mattress Factory | 56,616 | 07/31/20 | | Commissions, Inc | 38,073 | 01/31/22 | | Engineered Solutions | 22,320 | 04/30/23 | | JSJ Partners/Prosource | 16,740 | 09/30/23 |
| 14 | SMF VI | Texas Hotel Portfolio | No | | | | | | | | | | | | | | | |
| 14.01 | SMF VI | Holiday Inn & Suites Beaumont | No | | | | | | | | | | | | | | | |
| 14.02 | SMF VI | Holiday Inn Express Van Horn | No | | | | | | | | | | | | | | | |
| 15 | BSP | Troy Hotel Portfolio | No | | | | | | | | | | | | | | | |
| 15.01 | BSP | TownePlace Suites by Marriott Troy | No | | | | | | | | | | | | | | | |
| 15.02 | BSP | Fairfield Inn & Suites by Marriott Troy | No | | | | | | | | | | | | | | | |
| 16 | JPMCB | Twelve Oaks Mall | No | Nordstrom | 167,000 | 02/28/23 | | H&M | 24,440 | 01/31/29 | | XXI Forever | 22,996 | 01/31/25 | | Victoria’s Secret | 14,798 | 01/31/25 |
| 17 | JPMCB | Lakewood Forest Plaza | No | Stein Mart | 30,658 | 03/31/24 | | Goodwill | 15,206 | 11/30/19 | | El Palenque | 5,585 | 12/31/18 | | The Egg & I | 3,795 | 05/31/22 |
| 18 | SMF VI | 5805 Sepulveda Boulevard | No | Caine & Weiner | 16,791 | 03/31/25 | | Enterprise Fleet Management, Inc. | 7,136 | 06/30/26 | | JSI Acquisitions Inc. | 6,643 | 04/30/23 | | Power Brands Consulting, LLC | 6,357 | 04/30/27 |
| 19 | GACC | Lehigh Valley Mall | No | Bob’s Discount Furniture | 30,204 | 03/31/28 | | Barnes & Noble | 29,874 | 01/31/23 | | Modell’s Sporting Goods | 13,882 | 01/31/22 | | Pottery Barn | 13,011 | 01/31/20 |
| 20 | SMF VI | 800 South Barranca | No | State of California Department of General Services | 30,475 | 07/31/22 | | Regal Medical Group, Inc. | 18,285 | 12/31/21 | | Think Together | 9,033 | 02/29/24 | | Finance of America Mortgage, LLC | 6,861 | 11/30/20 |
| 21 | JPMCB | The Market at Cross Creek Ranch | No | Venetian Nails | 4,173 | 08/31/28 | | Regions Bank | 4,000 | 07/07/37 | | Twin Liquors | 3,405 | 06/30/28 | | MOD Pizza | 3,092 | 03/31/27 |
| 22 | GACC | Weslaco Shopping Center | No | Beall’s | 39,990 | 01/31/21 | | Ross Dress For Less | 30,000 | 01/31/22 | | Planet Fitness | 19,413 | 06/30/27 | | Dollar Tree | 15,120 | 01/31/26 |
| 23 | JPMCB | Guardian Self Storage 2-Pack | No | | | | | | | | | | | | | | | |
| 23.01 | JPMCB | Brush Creek | No | | | | | | | | | | | | | | | |
| 23.02 | JPMCB | North Huntingdon | No | | | | | | | | | | | | | | | |
| 24 | GACC | Greenmark at Andrews | No | | | | | | | | | | | | | | | |
| 25 | GACC | Northridge Medical Tower | No | El Proyecto Del Barrio, Inc. | 4,589 | 11/30/22 | | United Imaging, LLC | 3,989 | 12/31/27 | | Quest Diagnostics | 3,406 | 11/30/18 | | Afshin Mazdeyasnan | 1,745 | 10/31/22 |
| 26 | BSP | Dam Neck Shopping Center | No | One Life Fitness | 61,760 | 12/01/32 | | Big Lots | 35,000 | 01/31/27 | | Warriors Brewing Co. | 3,120 | 11/30/21 | | Windy City Pizza | 2,000 | 01/14/20 |
| 27 | SMF VI | Fort Knox Executive Park | No | Florida Agency for Healthcare Administration | 226,931 | 02/28/35 | | Florida Department of Law Enforcement | 23,993 | 04/30/22 | | | | | | | | |
| 28 | SMF VI | 8851 Santa Monica Boulevard | No | Revolver Bar | 2,874 | 06/30/23 | | Blanks2Go, Inc. | 1,800 | 02/28/23 | | Barber Surgeons’ Guild, PC | 1,600 | 01/31/22 | | JQ International | 850 | 02/28/20 |
| 29 | SMF VI | Holiday Inn Express Albany | No | | | | | | | | | | | | | | | |
| 30 | GACC | Mezz 42 | No | | | | | | | | | | | | | | | |
| 31 | SMF VI | Adams Portfolio | Various | | | | | | | | | | | | | | | |
| 31.01 | SMF VI | 4626 Maryland | Yes | Einstein Bros Bagels | 6,000 | 02/17/21 | | | | | | | | | | | | |
| 31.02 | SMF VI | 4680 Maryland | No | Café Rio | 2,800 | 03/31/19 | | Heavenly Bowl | 1,500 | 08/31/21 | | Sweet Poke | 1,500 | 07/31/20 | | | | |
| 31.03 | SMF VI | Sunset Property | No | Medizin | 4,750 | 10/31/25 | | Café Berlin | 2,492 | 11/30/21 | | Smoke Shop | 1,160 | 07/31/20 | | Sin City Thai | 1,160 | 09/30/22 |
| 32 | SMF VI | City View Farms | No | | | | | | | | | | | | | | | |
| 33 | GACC | JHMR Powderhorn | No | | | | | | | | | | | | | | | |
| 34 | SMF VI | Fireside IL Storage Portfolio | No | | | | | | | | | | | | | | | |
| 34.01 | SMF VI | Larry Power Storage | No | | | | | | | | | | | | | | | |
| 34.02 | SMF VI | Armour Road Storage | No | | | | | | | | | | | | | | | |
| 35 | BSP | Aaron’s Rent Portfolio | Yes | | | | | | | | | | | | | | | |
| 35.01 | BSP | Aaron’s Rent - Charlotte, NC | Yes | Aaron’s | 8,000 | 11/22/25 | | | | | | | | | | | | |
| 35.02 | BSP | Aaron’s Rent - Lower Burrell, PA | Yes | Aaron’s | 11,519 | 11/22/25 | | | | | | | | | | | | |
| 35.03 | BSP | Aaron’s Rent - Houston, TX | Yes | Aaron’s | 10,000 | 11/22/25 | | | | | | | | | | | | |
| 35.04 | BSP | Aaron’s Rent - Pleasanton, TX | Yes | Aaron’s | 10,000 | 11/22/25 | | | | | | | | | | | | |
| 35.05 | BSP | Aaron’s Rent - Zanesville, OH | Yes | Aaron’s | 8,000 | 11/22/25 | | | | | | | | | | | | |
| 35.06 | BSP | Aaron’s Rent - Pearland, TX | Yes | Aaron’s | 8,000 | 11/22/25 | | | | | | | | | | | | |
| 35.07 | BSP | Aaron’s Rent - Demopolis, AL | Yes | Aaron’s | 8,000 | 11/22/25 | | | | | | | | | | | | |
| 36 | GACC | Fountaingrove Executive Center | No | Wells Fargo | 7,911 | 05/31/21 | | In Home Health LLC | 7,140 | 08/31/23 | | Mendocino Forest | 6,785 | 11/30/23 | | Silicon Valley Bank | 5,592 | 08/31/21 |
| 37 | SMF VI | Shoppes at Schoolhouse Crossing | No | ONIX Group, LLC | 15,000 | 04/30/31 | | Plaza Azteca | 4,400 | 04/30/19 | | Snap Fitness | 3,800 | 01/31/21 | | Kennett Square Cleaners | 2,800 | 07/31/24 |
| 38 | SMF VI | 1-21 Export Drive | No | Avitecture | 29,960 | 07/31/25 | | Mil-Tek | 15,094 | 11/30/19 | | Largo Marble & Granite | 13,137 | 04/30/21 | | Women Giving Back | 13,044 | 12/31/20 |
| 39 | BSP | Taylor Industrial | No | Freezer & Dry Storage LLC | 103,500 | 12/31/23 | | Chrysler Group LLC | 44,800 | 06/30/21 | | Great Lakes HPP Detroit | 43,720 | 08/31/22 | | Palmer Moving | 33,400 | 12/31/23 |
| 40 | SMF VI | Sunrise Pass Estates MHC | No | | | | | | | | | | | | | | | |
| 41 | SMF VI | Springfield Storage | No | | | | | | | | | | | | | | | |
| | | | 5th LARGEST TENANT(24) | | | | | | | Pari Passu Debt |
| | | | | | | | | | | | | | Pari Passu | Pari Passu | Pari Passu | Total Cut-off |
| | | | | | Lease | | Loan | | Lockbox | Lockbox | Cash | Pari Passu | Note Control | Piece In Trust | Piece Non Trust | Date Pari |
| Loan # | Seller(1) | Property Name | 5th Largest Tenant | Unit Size | Expiration | | Purpose | Principal / Carveout Guarantor(25) | (Y/N) | Type(26) | Management(26) | (Y/N) | (Y/N)(27) | Cut-Off Balance | Cut-Off Balance | Passu Debt |
| 1 | GACC | Marina Heights State Farm | | | | | Acquisition | Transwestern Investment Group, Corporate Properties Trust III, L.P. | Yes | Hard | Springing | Yes | No | 50,000,000 | 510,000,000 | 560,000,000 |
| 2 | SMF VI | 1875 Atlantic Avenue | | | | | Refinance | Joseph Brunner, Abraham Mandel, Solomon Feder | No | None | None | No | NAP | NAP | NAP | NAP |
| 3 | JPMCB | Atlantic Times Square | Tokyo Wako | 5,977 | 06/30/20 | | Refinance | Ronnie Lam | Yes | Springing | Springing | Yes | Yes | 40,000,000 | 58,000,000 | 98,000,000 |
| 4 | JPMCB | Embassy Suites Glendale | | | | | Refinance | Ronnie Lam | Yes | Springing | Springing | Yes | Yes | 37,000,000 | 31,000,000 | 68,000,000 |
| 5 | GACC | Sheraton Hotel Arlington | | | | | Refinance | Allan Gutierrez | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP |
| 6 | SMF VI | Southland Shopping Center | PetSmart | 15,471 | 09/30/22 | | Refinance | David Pearson, Paul Pearson | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 7 | BSP | The Metropolitan at Wilton Manors | | | | | Refinance | Dean Jeremy Borg, Michael David Wohl, Richard Marti Finkelstein | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 8 | GACC | DreamWorks Campus | | | | | Acquisition | Hana Asset Management Co., LTD | Yes | Hard | In Place | Yes | No | 30,000,000 | 62,000,000 | 92,000,000 |
| 9 | JPMCB | Meridian Corporate Center | | | | | Acquisition | Accesso Investment Properties VI (US), LLLP, Accesso Investment Properties VI, LLLP | Yes | Hard | In Place | Yes | No | 30,000,000 | 45,705,000 | 75,705,000 |
| 9.01 | JPMCB | 2520 Meridian Parkway | | | | | | | | | | | | | | |
| 9.02 | JPMCB | 2525 Meridian Parkway | Spoonflower, Inc. | 5,110 | 03/31/19 | | | | | | | | | | | |
| 9.03 | JPMCB | 2605 Meridian Parkway | Emerginmed.Com | 1,730 | 10/31/19 | | | | | | | | | | | |
| 9.04 | JPMCB | 2810 Meridian Parkway | Orkin, LLC | 3,532 | 11/30/20 | | | | | | | | | | | |
| 9.05 | JPMCB | 2510 Meridian Parkway | | | | | | | | | | | | | | |
| 9.06 | JPMCB | 2600 Meridian Parkway | | | | | | | | | | | | | | |
| 9.07 | JPMCB | 2700 Meridian Parkway | | | | | | | | | | | | | | |
| 9.08 | JPMCB | 2800 Meridian Parkway | | | | | | | | | | | | | | |
| 9.09 | JPMCB | 2505 Meridian Parkway | | | | | | | | | | | | | | |
| 9.10 | JPMCB | 2500 Meridian Parkway | SSOE, Inc. | 1,900 | 08/31/18 | | | | | | | | | | | |
| 10 | GACC | Steelyard Commons | Old Navy | 19,000 | 07/31/22 | | Refinance | Mitchell C. Schneider | Yes | Hard | Springing | Yes | Yes | 30,000,000 | 14,250,000 | 44,250,000 |
| 11 | BSP | Constitution Plaza | State of Connecticut Department of Banking | 30,144 | 12/31/20 | | Refinance | Aaron Berger | Yes | Hard | Springing | Yes | Yes | 29,975,491 | 24,979,576 | 54,955,068 |
| 12 | JPMCB | U-Haul AREC 27 Portfolio | | | | | Recapitalization | AMERCO | Yes | Soft | Springing | No | NAP | NAP | NAP | NAP |
| 12.01 | JPMCB | U-Haul Moving & Storage Of Goodyear | | | | | | | | | | | | | | |
| 12.02 | JPMCB | U-Haul Moving & Storage Of New Center | | | | | | | | | | | | | | |
| 12.03 | JPMCB | U-Haul Moving & Storage Of South Vineland | | | | | | | | | | | | | | |
| 12.04 | JPMCB | U-Haul Moving & Storage At Eakin Road | | | | | | | | | | | | | | |
| 12.05 | JPMCB | U-Haul Storage At Sharon Lane | | | | | | | | | | | | | | |
| 12.06 | JPMCB | U-Haul Storage Of Scranton | | | | | | | | | | | | | | |
| 12.07 | JPMCB | U-Haul Moving & Storage Of Prattville | | | | | | | | | | | | | | |
| 12.08 | JPMCB | U-Haul Moving & Storage Of Nampa | | | | | | | | | | | | | | |
| 13 | SMF VI | Northwest Business Center | Sierra Wireless America, Inc. | 13,924 | 01/31/22 | | Acquisition | Jeffrey J. Katke, Daniel P. Culler, Richard M. Kent | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 14 | SMF VI | Texas Hotel Portfolio | | | | | Refinance | Bharat Bhakta | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 14.01 | SMF VI | Holiday Inn & Suites Beaumont | | | | | | | | | | | | | | |
| 14.02 | SMF VI | Holiday Inn Express Van Horn | | | | | | | | | | | | | | |
| 15 | BSP | Troy Hotel Portfolio | | | | | Refinance | Malik Abdi Abdulnoor | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 15.01 | BSP | TownePlace Suites by Marriott Troy | | | | | | | | | | | | | | |
| 15.02 | BSP | Fairfield Inn & Suites by Marriott Troy | | | | | | | | | | | | | | |
| 16 | JPMCB | Twelve Oaks Mall | Pottery Barn | 10,299 | 01/31/20 | | Recapitalization | The Taubman Realty Group Limited Partnership | Yes | Hard | Springing | Yes | No | 16,609,145 | 182,700,601 | 199,309,746 |
| 17 | JPMCB | Lakewood Forest Plaza | Dragon’s Lair Comics and Fantasy | 3,789 | 03/31/22 | | Refinance | Alan C. Fox | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 18 | SMF VI | 5805 Sepulveda Boulevard | Landmark Network Inc. | 5,786 | 07/31/19 | | Refinance | David B. Weiner | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 19 | GACC | Lehigh Valley Mall | New York & Company | 11,306 | 03/31/19 | | Refinance | Simon Property Group, L.P., Pennsylvania Real Estate Investment Trust | Yes | Hard | Springing | Yes | No | 14,852,082 | 183,175,679 | 198,027,762 |
| 20 | SMF VI | 800 South Barranca | Deok Song & Xiaojie Meng | 2,968 | 01/31/19 | | Refinance | John Davenport, Jeffrey K. Nickell, Mark Valentine | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 21 | JPMCB | The Market at Cross Creek Ranch | Memorial Herman | 3,044 | 01/31/27 | | Refinance | Jeffrey A. Read, C. Ewing King | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP |
| 22 | GACC | Weslaco Shopping Center | Melrose | 12,000 | 12/31/20 | | Refinance | Michael D. Starcher, James Nix, Jr. | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 23 | JPMCB | Guardian Self Storage 2-Pack | | | | | Refinance | Steven H. Cohen | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 23.01 | JPMCB | Brush Creek | | | | | | | | | | | | | | |
| 23.02 | JPMCB | North Huntingdon | | | | | | | | | | | | | | |
| 24 | GACC | Greenmark at Andrews | | | | | Acquisition | Bruce Woodward, James McCabe | Yes | Soft | Springing | No | NAP | NAP | NAP | NAP |
| 25 | GACC | Northridge Medical Tower | David Velkoff, MD | 1,710 | 02/29/20 | | Refinance | Edward G. Hudson | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 26 | BSP | Dam Neck Shopping Center | Michael Ari Miller | 1,800 | 02/28/23 | | Refinance | Robert Raphael | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 27 | SMF VI | Fort Knox Executive Park | | | | | Refinance | Eightfold Opportunity Fund II, L.P., John Thomas Burnette | Yes | Hard | In Place | Yes | No | 7,962,419 | 26,873,166 | 34,835,585 |
| 28 | SMF VI | 8851 Santa Monica Boulevard | Blades Hair Salon | 650 | 02/29/20 | | Refinance | Michael Pashaie, Albert Taban | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 29 | SMF VI | Holiday Inn Express Albany | | | | | Refinance | Mahavirsinh Chudasama | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 30 | GACC | Mezz 42 | | | | | Refinance | Anthony W. Birkla, David B. Anderson | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 31 | SMF VI | Adams Portfolio | | | | | Refinance | Lee Adams, Bert Adams | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 31.01 | SMF VI | 4626 Maryland | | | | | | | | | | | | | | |
| 31.02 | SMF VI | 4680 Maryland | | | | | | | | | | | | | | |
| 31.03 | SMF VI | Sunset Property | Phat Phranks | 1,160 | MTM | | | | | | | | | | | |
| 32 | SMF VI | City View Farms | | | | | Refinance | Robert L. Richardson, Jr. | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 33 | GACC | JHMR Powderhorn | | | | | Acquisition | James Gildea, Lane LaMure, Collin Vaughn | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 34 | SMF VI | Fireside IL Storage Portfolio | | | | | Acquisition | Kristie L. Bailey, Michael Bailey | No | None | None | No | NAP | NAP | NAP | NAP |
| 34.01 | SMF VI | Larry Power Storage | | | | | | | | | | | | | | |
| 34.02 | SMF VI | Armour Road Storage | | | | | | | | | | | | | | |
| 35 | BSP | Aaron’s Rent Portfolio | | | | | Refinance | Donald Knapp, Dale Lenington | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP |
| 35.01 | BSP | Aaron’s Rent - Charlotte, NC | | | | | | | | | | | | | | |
| 35.02 | BSP | Aaron’s Rent - Lower Burrell, PA | | | | | | | | | | | | | | |
| 35.03 | BSP | Aaron’s Rent - Houston, TX | | | | | | | | | | | | | | |
| 35.04 | BSP | Aaron’s Rent - Pleasanton, TX | | | | | | | | | | | | | | |
| 35.05 | BSP | Aaron’s Rent - Zanesville, OH | | | | | | | | | | | | | | |
| 35.06 | BSP | Aaron’s Rent - Pearland, TX | | | | | | | | | | | | | | |
| 35.07 | BSP | Aaron’s Rent - Demopolis, AL | | | | | | | | | | | | | | |
| 36 | GACC | Fountaingrove Executive Center | Vista Broadband Networks Inc | 3,889 | 02/28/22 | | Refinance | Matthew T. White, Bruce Cardinal | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 37 | SMF VI | Shoppes at Schoolhouse Crossing | Hand & Stone | 2,400 | 09/30/18 | | Refinance | Stephen Silver, Ronald Schafer | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 38 | SMF VI | 1-21 Export Drive | World Outreach Church | 3,494 | 09/30/20 | | Acquisition | Richard S. Cohen, Richard S. Cohen Revocable Trust U/A Dated June 21, 2007, as Amended | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 39 | BSP | Taylor Industrial | American Pulse Processing | 14,700 | 04/30/19 | | Acquisition | Paul K. Ross, Erik S. Stamell | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 40 | SMF VI | Sunrise Pass Estates MHC | | | | | Refinance | Jerome Fink, John Walsh | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP |
| 41 | SMF VI | Springfield Storage | | | | | Acquisition | Laurence S. Levy | No | None | None | No | NAP | NAP | NAP | NAP |
| | | | 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)(28) | Debt Type(s) | Date Balance | Interest Rate | | Cut-off Balance | DSCR | Current LTV % | Debt Yield % |
| 1 | GACC | Marina Heights State Farm | No | No | NAP | NAP | NAP | | 560,000,000 | 3.12 | 58.3% | 11.3% |
| 2 | SMF VI | 1875 Atlantic Avenue | Yes | No | Permitted Mezzanine | NAP | NAP | | NAP | NAP | NAP | NAP |
| 3 | JPMCB | Atlantic Times Square | No | No | NAP | NAP | NAP | | 98,000,000 | 1.86 | 59.8% | 9.5% |
| 4 | JPMCB | Embassy Suites Glendale | No | No | NAP | NAP | NAP | | 68,000,000 | 2.04 | 59.6% | 11.3% |
| 5 | GACC | Sheraton Hotel Arlington | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 6 | SMF VI | Southland Shopping Center | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 7 | BSP | The Metropolitan at Wilton Manors | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 8 | GACC | DreamWorks Campus | No | Yes | Subordinate Debt | 108,000,000 | 4.00000 | | 200,000,000 | 2.07 | 67.3% | 6.8% |
| 9 | JPMCB | Meridian Corporate Center | Yes | No | Permitted Mezzanine | NAP | NAP | | 75,705,000 | 1.63 | 69.9% | 11.0% |
| 9.01 | JPMCB | 2520 Meridian Parkway | | | | | | | | 1.63 | 69.9% | 11.0% |
| 9.02 | JPMCB | 2525 Meridian Parkway | | | | | | | | 1.63 | 69.9% | 11.0% |
| 9.03 | JPMCB | 2605 Meridian Parkway | | | | | | | | 1.63 | 69.9% | 11.0% |
| 9.04 | JPMCB | 2810 Meridian Parkway | | | | | | | | 1.63 | 69.9% | 11.0% |
| 9.05 | JPMCB | 2510 Meridian Parkway | | | | | | | | 1.63 | 69.9% | 11.0% |
| 9.06 | JPMCB | 2600 Meridian Parkway | | | | | | | | 1.63 | 69.9% | 11.0% |
| 9.07 | JPMCB | 2700 Meridian Parkway | | | | | | | | 1.63 | 69.9% | 11.0% |
| 9.08 | JPMCB | 2800 Meridian Parkway | | | | | | | | 1.63 | 69.9% | 11.0% |
| 9.09 | JPMCB | 2505 Meridian Parkway | | | | | | | | 1.63 | 69.9% | 11.0% |
| 9.10 | JPMCB | 2500 Meridian Parkway | | | | | | | | 1.63 | 69.9% | 11.0% |
| 10 | GACC | Steelyard Commons | No | No | NAP | NAP | NAP | | 44,250,000 | 1.39 | 74.5% | 9.4% |
| 11 | BSP | Constitution Plaza | Yes | Yes | Mezzanine Loan (10,000,000)/Permitted Mezzanine | 10,000,000 | 10.34500 | | 64,955,068 | 1.13 | 68.8% | 10.1% |
| 12 | JPMCB | U-Haul AREC 27 Portfolio | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 12.01 | JPMCB | U-Haul Moving & Storage Of Goodyear | | | | | | | | NAP | NAP | NAP |
| 12.02 | JPMCB | U-Haul Moving & Storage Of New Center | | | | | | | | NAP | NAP | NAP |
| 12.03 | JPMCB | U-Haul Moving & Storage Of South Vineland | | | | | | | | NAP | NAP | NAP |
| 12.04 | JPMCB | U-Haul Moving & Storage At Eakin Road | | | | | | | | NAP | NAP | NAP |
| 12.05 | JPMCB | U-Haul Storage At Sharon Lane | | | | | | | | NAP | NAP | NAP |
| 12.06 | JPMCB | U-Haul Storage Of Scranton | | | | | | | | NAP | NAP | NAP |
| 12.07 | JPMCB | U-Haul Moving & Storage Of Prattville | | | | | | | | NAP | NAP | NAP |
| 12.08 | JPMCB | U-Haul Moving & Storage Of Nampa | | | | | | | | NAP | NAP | NAP |
| 13 | SMF VI | Northwest Business Center | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 14 | SMF VI | Texas Hotel Portfolio | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 14.01 | SMF VI | Holiday Inn & Suites Beaumont | | | | | | | | NAP | NAP | NAP |
| 14.02 | SMF VI | Holiday Inn Express Van Horn | | | | | | | | NAP | NAP | NAP |
| 15 | BSP | Troy Hotel Portfolio | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 15.01 | BSP | TownePlace Suites by Marriott Troy | | | | | | | | NAP | NAP | NAP |
| 15.02 | BSP | Fairfield Inn & Suites by Marriott Troy | | | | | | | | NAP | NAP | NAP |
| 16 | JPMCB | Twelve Oaks Mall | No | Yes | Subordinate Debt | 99,654,873 | 5.75000 | | 298,964,619 | 1.58 | 54.1% | 10.2% |
| 17 | JPMCB | Lakewood Forest Plaza | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 18 | SMF VI | 5805 Sepulveda Boulevard | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 19 | GACC | Lehigh Valley Mall | No | No | NAP | NAP | NAP | | 198,027,762 | 2.07 | 44.5% | 12.6% |
| 20 | SMF VI | 800 South Barranca | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 21 | JPMCB | The Market at Cross Creek Ranch | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 22 | GACC | Weslaco Shopping Center | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 23 | JPMCB | Guardian Self Storage 2-Pack | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 23.01 | JPMCB | Brush Creek | | | | | | | | NAP | NAP | NAP |
| 23.02 | JPMCB | North Huntingdon | | | | | | | | NAP | NAP | NAP |
| 24 | GACC | Greenmark at Andrews | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 25 | GACC | Northridge Medical Tower | Yes | No | Permitted Mezzanine | NAP | NAP | | NAP | NAP | NAP | NAP |
| 26 | BSP | Dam Neck Shopping Center | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 27 | SMF VI | Fort Knox Executive Park | No | No | NAP | NAP | NAP | | 34,835,585 | 1.58 | 61.3% | 11.8% |
| 28 | SMF VI | 8851 Santa Monica Boulevard | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 29 | SMF VI | Holiday Inn Express Albany | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 30 | GACC | Mezz 42 | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 31 | SMF VI | Adams Portfolio | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 31.01 | SMF VI | 4626 Maryland | | | | | | | | NAP | NAP | NAP |
| 31.02 | SMF VI | 4680 Maryland | | | | | | | | NAP | NAP | NAP |
| 31.03 | SMF VI | Sunset Property | | | | | | | | NAP | NAP | NAP |
| 32 | SMF VI | City View Farms | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 33 | GACC | JHMR Powderhorn | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 34 | SMF VI | Fireside IL Storage Portfolio | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 34.01 | SMF VI | Larry Power Storage | | | | | | | | NAP | NAP | NAP |
| 34.02 | SMF VI | Armour Road Storage | | | | | | | | NAP | NAP | NAP |
| 35 | BSP | Aaron’s Rent Portfolio | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 35.01 | BSP | Aaron’s Rent - Charlotte, NC | | | | | | | | NAP | NAP | NAP |
| 35.02 | BSP | Aaron’s Rent - Lower Burrell, PA | | | | | | | | NAP | NAP | NAP |
| 35.03 | BSP | Aaron’s Rent - Houston, TX | | | | | | | | NAP | NAP | NAP |
| 35.04 | BSP | Aaron’s Rent - Pleasanton, TX | | | | | | | | NAP | NAP | NAP |
| 35.05 | BSP | Aaron’s Rent - Zanesville, OH | | | | | | | | NAP | NAP | NAP |
| 35.06 | BSP | Aaron’s Rent - Pearland, TX | | | | | | | | NAP | NAP | NAP |
| 35.07 | BSP | Aaron’s Rent - Demopolis, AL | | | | | | | | NAP | NAP | NAP |
| 36 | GACC | Fountaingrove Executive Center | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 37 | SMF VI | Shoppes at Schoolhouse Crossing | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 38 | SMF VI | 1-21 Export Drive | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| 39 | BSP | Taylor Industrial | Yes | No | Permitted Future Affiliate Debt | NAP | NAP | | NAP | NAP | NAP | NAP |
| 40 | SMF VI | Sunrise Pass Estates MHC | Yes | No | Permitted Mezzanine | NAP | NAP | | NAP | NAP | NAP | NAP |
| 41 | SMF VI | Springfield Storage | No | No | NAP | NAP | NAP | | NAP | NAP | NAP | NAP |
| | | | HOTEL OPERATING STATISTICS | |
| | | | | | | | | | | | | | | | | | | |
| | | | 2015 | 2015 | 2015 | 2016 | 2016 | 2016 | 2017 | 2017 | 2017 | 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 | GACC | Marina Heights State Farm | | | | | | | | | | | | | | | | 1 |
| 2 | SMF VI | 1875 Atlantic Avenue | | | | | | | | | | | | | | | | 2 |
| 3 | JPMCB | Atlantic Times Square | | | | | | | | | | | | | | | | 3 |
| 4 | JPMCB | Embassy Suites Glendale | 85.9% | 187.47 | 161.07 | 88.4% | 202.51 | 178.99 | 88.7% | 193.12 | 171.30 | 88.1% | 193.86 | 170.73 | 88.1% | 193.86 | 170.73 | 4 |
| 5 | GACC | Sheraton Hotel Arlington | 75.2% | 133.80 | 100.63 | 73.4% | 137.57 | 100.92 | 72.6% | 144.18 | 104.69 | | | | 72.6% | 144.18 | 104.69 | 5 |
| 6 | SMF VI | Southland Shopping Center | | | | | | | | | | | | | | | | 6 |
| 7 | BSP | The Metropolitan at Wilton Manors | | | | | | | | | | | | | | | | 7 |
| 8 | GACC | DreamWorks Campus | | | | | | | | | | | | | | | | 8 |
| 9 | JPMCB | Meridian Corporate Center | | | | | | | | | | | | | | | | 9 |
| 9.01 | JPMCB | 2520 Meridian Parkway | | | | | | | | | | | | | | | | 9.01 |
| 9.02 | JPMCB | 2525 Meridian Parkway | | | | | | | | | | | | | | | | 9.02 |
| 9.03 | JPMCB | 2605 Meridian Parkway | | | | | | | | | | | | | | | | 9.03 |
| 9.04 | JPMCB | 2810 Meridian Parkway | | | | | | | | | | | | | | | | 9.04 |
| 9.05 | JPMCB | 2510 Meridian Parkway | | | | | | | | | | | | | | | | 9.05 |
| 9.06 | JPMCB | 2600 Meridian Parkway | | | | | | | | | | | | | | | | 9.06 |
| 9.07 | JPMCB | 2700 Meridian Parkway | | | | | | | | | | | | | | | | 9.07 |
| 9.08 | JPMCB | 2800 Meridian Parkway | | | | | | | | | | | | | | | | 9.08 |
| 9.09 | JPMCB | 2505 Meridian Parkway | | | | | | | | | | | | | | | | 9.09 |
| 9.10 | JPMCB | 2500 Meridian Parkway | | | | | | | | | | | | | | | | 9.10 |
| 10 | GACC | Steelyard Commons | | | | | | | | | | | | | | | | 10 |
| 11 | BSP | Constitution Plaza | | | | | | | | | | | | | | | | 11 |
| 12 | JPMCB | U-Haul AREC 27 Portfolio | | | | | | | | | | | | | | | | 12 |
| 12.01 | JPMCB | U-Haul Moving & Storage Of Goodyear | | | | | | | | | | | | | | | | 12.01 |
| 12.02 | JPMCB | U-Haul Moving & Storage Of New Center | | | | | | | | | | | | | | | | 12.02 |
| 12.03 | JPMCB | U-Haul Moving & Storage Of South Vineland | | | | | | | | | | | | | | | | 12.03 |
| 12.04 | JPMCB | U-Haul Moving & Storage At Eakin Road | | | | | | | | | | | | | | | | 12.04 |
| 12.05 | JPMCB | U-Haul Storage At Sharon Lane | | | | | | | | | | | | | | | | 12.05 |
| 12.06 | JPMCB | U-Haul Storage Of Scranton | | | | | | | | | | | | | | | | 12.06 |
| 12.07 | JPMCB | U-Haul Moving & Storage Of Prattville | | | | | | | | | | | | | | | | 12.07 |
| 12.08 | JPMCB | U-Haul Moving & Storage Of Nampa | | | | | | | | | | | | | | | | 12.08 |
| 13 | SMF VI | Northwest Business Center | | | | | | | | | | | | | | | | 13 |
| 14 | SMF VI | Texas Hotel Portfolio | 67.4% | 79.97 | 53.90 | 61.3% | 86.62 | 53.10 | 70.6% | 100.05 | 70.60 | 75.8% | 102.32 | 77.56 | 75.8% | 102.32 | 77.56 | 14 |
| 14.01 | SMF VI | Holiday Inn & Suites Beaumont | 67.4% | 79.97 | 53.90 | 61.3% | 86.62 | 53.10 | 72.4% | 98.27 | 71.15 | 76.8% | 101.01 | 77.58 | 76.8% | 101.01 | 77.58 | 14.01 |
| 14.02 | SMF VI | Holiday Inn Express Van Horn | | | | | | | 64.3% | 106.92 | 68.75 | 72.4% | 107.06 | 77.51 | 72.4% | 107.06 | 77.51 | 14.02 |
| 15 | BSP | Troy Hotel Portfolio | | | | | | | 75.7% | 121.74 | 92.10 | 77.4% | 122.21 | 94.62 | 77.4% | 122.21 | 94.62 | 15 |
| 15.01 | BSP | TownePlace Suites by Marriott Troy | | | | | | | 77.8% | 123.82 | 96.37 | 76.9% | 126.49 | 97.26 | 76.9% | 126.49 | 97.26 | 15.01 |
| 15.02 | BSP | Fairfield Inn & Suites by Marriott Troy | | | | | | | 73.6% | 119.61 | 87.98 | 77.9% | 118.13 | 92.07 | 77.9% | 118.13 | 92.07 | 15.02 |
| 16 | JPMCB | Twelve Oaks Mall | | | | | | | | | | | | | | | | 16 |
| 17 | JPMCB | Lakewood Forest Plaza | | | | | | | | | | | | | | | | 17 |
| 18 | SMF VI | 5805 Sepulveda Boulevard | | | | | | | | | | | | | | | | 18 |
| 19 | GACC | Lehigh Valley Mall | | | | | | | | | | | | | | | | 19 |
| 20 | SMF VI | 800 South Barranca | | | | | | | | | | | | | | | | 20 |
| 21 | JPMCB | The Market at Cross Creek Ranch | | | | | | | | | | | | | | | | 21 |
| 22 | GACC | Weslaco Shopping Center | | | | | | | | | | | | | | | | 22 |
| 23 | JPMCB | Guardian Self Storage 2-Pack | | | | | | | | | | | | | | | | 23 |
| 23.01 | JPMCB | Brush Creek | | | | | | | | | | | | | | | | 23.01 |
| 23.02 | JPMCB | North Huntingdon | | | | | | | | | | | | | | | | 23.02 |
| 24 | GACC | Greenmark at Andrews | | | | | | | | | | | | | | | | 24 |
| 25 | GACC | Northridge Medical Tower | | | | | | | | | | | | | | | | 25 |
| 26 | BSP | Dam Neck Shopping Center | | | | | | | | | | | | | | | | 26 |
| 27 | SMF VI | Fort Knox Executive Park | | | | | | | | | | | | | | | | 27 |
| 28 | SMF VI | 8851 Santa Monica Boulevard | | | | | | | | | | | | | | | | 28 |
| 29 | SMF VI | Holiday Inn Express Albany | 64.3% | 91.13 | 58.60 | 54.3% | 105.05 | 57.04 | 68.7% | 104.91 | 72.07 | 70.4% | 102.64 | 72.26 | 70.4% | 102.64 | 72.26 | 29 |
| 30 | GACC | Mezz 42 | | | | | | | | | | | | | | | | 30 |
| 31 | SMF VI | Adams Portfolio | | | | | | | | | | | | | | | | 31 |
| 31.01 | SMF VI | 4626 Maryland | | | | | | | | | | | | | | | | 31.01 |
| 31.02 | SMF VI | 4680 Maryland | | | | | | | | | | | | | | | | 31.02 |
| 31.03 | SMF VI | Sunset Property | | | | | | | | | | | | | | | | 31.03 |
| 32 | SMF VI | City View Farms | | | | | | | | | | | | | | | | 32 |
| 33 | GACC | JHMR Powderhorn | | | | | | | | | | | | | | | | 33 |
| 34 | SMF VI | Fireside IL Storage Portfolio | | | | | | | | | | | | | | | | 34 |
| 34.01 | SMF VI | Larry Power Storage | | | | | | | | | | | | | | | | 34.01 |
| 34.02 | SMF VI | Armour Road Storage | | | | | | | | | | | | | | | | 34.02 |
| 35 | BSP | Aaron’s Rent Portfolio | | | | | | | | | | | | | | | | 35 |
| 35.01 | BSP | Aaron’s Rent - Charlotte, NC | | | | | | | | | | | | | | | | 35.01 |
| 35.02 | BSP | Aaron’s Rent - Lower Burrell, PA | | | | | | | | | | | | | | | | 35.02 |
| 35.03 | BSP | Aaron’s Rent - Houston, TX | | | | | | | | | | | | | | | | 35.03 |
| 35.04 | BSP | Aaron’s Rent - Pleasanton, TX | | | | | | | | | | | | | | | | 35.04 |
| 35.05 | BSP | Aaron’s Rent - Zanesville, OH | | | | | | | | | | | | | | | | 35.05 |
| 35.06 | BSP | Aaron’s Rent - Pearland, TX | | | | | | | | | | | | | | | | 35.06 |
| 35.07 | BSP | Aaron’s Rent - Demopolis, AL | | | | | | | | | | | | | | | | 35.07 |
| 36 | GACC | Fountaingrove Executive Center | | | | | | | | | | | | | | | | 36 |
| 37 | SMF VI | Shoppes at Schoolhouse Crossing | | | | | | | | | | | | | | | | 37 |
| 38 | SMF VI | 1-21 Export Drive | | | | | | | | | | | | | | | | 38 |
| 39 | BSP | Taylor Industrial | | | | | | | | | | | | | | | | 39 |
| 40 | SMF VI | Sunrise Pass Estates MHC | | | | | | | | | | | | | | | | 40 |
| 41 | SMF VI | Springfield Storage | | | | | | | | | | | | | | | | 41 |
(1) | With respect to Loan No. 1, Marina Heights State Farm, the whole loan was acquired from Goldman Sachs Mortgage Company.
With respect to Loan No. 8, DreamWorks Campus, the mortgage loan was acquired from Cantor Commercial Real Estate Lending, L.P.
With respect to Loan No. 16, Twelve Oaks Mall, the whole loan was co-originated by JPMCB, Goldman Sachs Mortgage Company and Wells Fargo Bank, National Association.
With respect to Loan No. 19, Lehigh Valley Mall, the mortgage loan was acquired from Cantor Commercial Real Estate Lending, L.P. |
| |
(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. 3, Atlantic Times Square, Units and Occupancy % shown represent the aggregate of the retail and multifamily components of the property with 212,838 square feet of retail space and 166,538 square feet attributable to 100 multifamily units.
With respect to Loan No. 10, Steelyard Commons, Applebee’s, Burger King, Chipotle, Guthries, IHOP, KeyBank, Steak ‘n Shake and Taco Bell, ground lease their respective premises from the borrower.
With respect to Loan No. 16, Twelve Oaks Mall, the mortgaged property is anchored by Macy’s, Sears, Nordstrom, JC Penney and Lord & Taylor. Nordstrom ground leases its pad from the borrower, and the borrower’s fee interest in the land is included as collateral for the whole loan. The remaining anchor tenants own their land and improvements.
With respect to Loan No. 19, Lehigh Valley Mall, Macy’s, which is an anchor tenant at the property, ground leases its premises from the borrower.
With respect to Loan No. 21, The Market at Cross Creek Ranch, the 2nd Largest Tenant, Regions Bank, ground leases its pad site from the borrower.
With respect to Loan No. 30, Mezz 42, the property includes 42 residential units and 3 commercial office units totaling 8,728 square feet.
With respect to Loan No. 33, JHMR Powderhorn, the property is a 25-unit multifamily employee housing development, with 24 of the units master leased to Jackson Hole Mountain Resort Corporation. |
| |
(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. UW Revenues ($), UW NOI ($) and UW NCF ($) are generally calculated by the Mortgage Loan Seller in accordance with its underwriting guidelines. UW NOI ($) and UW NCF ($) may include contractual or market rent escalations and, in the case of certain tenants, may be based on the average rent paid by the tenant through either the term of the related lease or the mortgage loan. Please see “Description of the Mortgage Pool—Certain Calculations and Definitions” for additional information.
With respect to Loan No. 1, Marina Heights State Farm, the UW NOI ($) and UW NCF ($) are based on the adjusted underwritten net operating income and net cash flow, as detailed in the preliminary prospectus.
With respect to Loan No. 5, Sheraton Hotel Arlington, approximately 29.0% of UW Revenues ($) are comprised of food and beverage revenues.
With respect to Loan No. 6, Southland Shopping Center, Fresh Thyme, the 2nd Largest Tenant is currently building out its space. Fresh Thyme is expected to open for business in July 2018 and to begin paying rent in September 2018. All rental amounts through Fresh Thyme’s rent commencement date were escrowed at closing, along with unpaid tenant improvements. Additionally, the space has been delivered by the borrower to Fresh Thyme and Fresh Thyme does not have the right to terminate its lease in connection with the delivery of its space. |
| With respect to Loan No. 10, Steelyard Commons, the Largest Tenant, Aspire Fitness, representing approximately 11.3% of the net rentable area, has commenced paying rent on its space but is not yet open for business; Aspire Fitness is anticipated to open for business by June 2018. With respect to Loan No. 16, Twelve Oaks Mall, the 2nd Largest Tenant, H&M, has executed a lease to relocate to a new suite at the mortgaged property and is anticipated to take occupancy and begin paying rent for the new suite in November 2018. H&M has the right to terminate its lease if the landlord does not deliver the new suite by March 2019.
With respect to Loan No. 21, The Market at Cross Creek Ranch, the 3rd Largest Tenant, Twin Liquors, has executed a lease and taken occupancy but has not yet commenced paying rent.
With respect to Loan No. 25, Northridge Medical Tower, three tenants at the mortgaged property that account for approximately 20.0% of net rentable area, have free rent periods of no more than one month per year in select years. These include United Imaging, LLC, the 2nd Largest Tenant, which accounts for 12.0% of net rentable area and has $5,549 in free rent in December 2024, December 2025 and December 2026. All free rent, in the aggregate amount of $42,034, was reserved at loan origination.
With respect to Loan No. 26, Dam Neck Shopping Center, the Largest Tenant, One Life Fitness, and the 2nd Largest Tenant, Big Lots, have each recently executed leases and taken occupancy, but have not yet commenced paying rent. At origination, the lender reserved $303,839 in a free rent reserve, which equals three months of free rent for One Life Fitness ($114,256) and two months of free rent and 16 additional months of half-abated rent for Big Lots ($189,583).
With respect to Loan No. 27, Fort Knox Executive Park, the property is currently 89.9% occupied. The Largest Tenant, Florida Agency for Healthcare Administration, currently leases 246,163 square feet at a rent of $19.14 per square foot. In connection with a 15-year lease renewal which commences in March 2020, the tenant will downsize to 226,931 square feet and the rent will reset to $23.90 per square foot. Following the downsizing, the related property will be 83.5% occupied. |
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| With respect to Loan No. 36, Fountaingrove Executive Center, the 2nd Largest Tenant, In Home Health LLC, which leases approximately 19.1% of the net rentable area, is not yet in occupancy of its space. In Home Health LLC is anticipated to take possession of their space in July 2018 and begin paying rent in August 2018. The In Home Health LLC will have an a free rent period for the first 24 months following the date they begin paying rent, all of which has been reserved for. In addition, In Home Health LLC is entitled to a $128,444 tenant improvement allowance, which has been reserved for.
With respect to Loan No. 39, Taylor Industrial, Occupancy % includes the 4th Largest Tenant, Palmer Moving. Palmer Moving’s lease expires in December 2023 and may be terminated if either the tenant or the landlord gives 90 days’ prior notice. The space leased to Palmer Moving was underwritten as vacant. The Occupancy % excluding Palmer Moving is 86.1%. |
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(4) | With respect to all mortgage loans, with the exceptions of the mortgage loans listed below, the Current LTV % and the Maturity LTV % are based on the “as-is” Appraisal Value ($) even though, for certain mortgage loans, the appraiser provided “as-stabilized” values based on certain criteria being met.
With respect to Loan No. 5, Sheraton Hotel Arlington, the Appraised Value ($) represents the “Prospective Market Value Upon Completion of the Renovation and Stabilization” value of $59.5 million for the mortgaged properties, effective October 1, 2018, which assumes the completion of the required property improvement plan (“PIP”) at the mortgaged property. At loan origination, the borrower reserved $892,160, which represents 100% of the estimated aggregate cost of the PIPs. The “as-is” appraised value for the Sheraton Hotel Arlington mortgaged property is $53.0 million, which results in a Current LTV % of 68.3% and a Maturity/ARD LTV % of 63.6%.
With respect to Loan No. 9, Meridian Corporate Center, the Appraised Value ($) for certain portions of the mortgaged property (composed of buildings 2500, 2510, 2525, 2700, 2800, 2810 and 2605) represents the “as-is hypothetical” value, effective February 13, 2018, which assumes tenant improvement costs and leasing commissions being incurred for the first year of the loan term would not be incurred by a hypothetical buyer in the event that such portion of the property were sold. At origination, the borrower was required to reserve $3,125,744 for outstanding tenant improvements and leasing commissions related to nine tenants at the mortgaged property. |
| The aggregate of the “as-is” appraised values for the mortgaged property equals $106,100,000, which results in a Current LTV % of 71.4% and a Maturity LTV % of 65.4%.
With respect to Loan No. 13, Northwest Business Center, the Appraised Value ($) represents the “hypothetical as-is” value of $34,200,000, which assumes planned renovations and capital expenditures at a cost of $4,083,000 were completed at the property as of February 7, 2018. At origination, the borrower deposited $3,889,670 for the planned renovations and capital expenditures. The “as-is” value as of February 7, 2018 is $30,100,000, which results in a Current LTV % and Maturity LTV % of 75.6% and 68.6%, respectively. With respect to Loan No. 21, The Market at Cross Creek Ranch, the Appraised Value ($) represents the hypothetical “as complete” value of $16,800,000 plus the “as-is” value of $3,500,000 of the pad site ground leased to Regions Bank by the borrower. The hypothetical “as complete” value assumes that all tenant improvements and leasing commissions have been completed and funded as of the origination date. At origination, the borrower was required to reserve $589,731 for tenant improvements and leasing commissions in connection with seven tenants. The “as-is” appraised value of the mortgaged property as of February 9, 2018 is $16,050,000 plus the “as-is” value of $3,500,000 of the pad site, which results in a Current LTV % of 68.1% and a Maturity LTV % of 62.6%.
With respect to Loan No. 27, Fort Knox Executive Park, the Appraised Value ($) represents the “hypothetical as-is” value of $56,800,000, which assumes Florida Agency for Healthcare Administration’s new lease has commenced and that all tenant improvements and capital expenditures have been paid as of January 16, 2018. At origination, the borrower deposited $4,114,678 for outstanding tenant improvements and leasing commissions and AHCA gap rent. The “as-is” value as of January 16, 2018 is $54,400,000, which results in a Current LTV % and Maturity LTV % of 64.0% and 48.3%, respectively.
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(5) | For mortgage loans secured by multiple mortgaged properties, each mortgage loan’s Original Balance ($), 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. 15, Troy Hotel Portfolio, the allocated Original Balance ($) is based on the pro-rata allocation of the respective underwriting net cash flows. |
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(6) | With respect to Loan Nos. 1, 3, 4, 8, 9, 10, 11, 16, 19 and 27, Marina Heights State Farm, Atlantic Times Square, Embassy Suites Glendale, DreamWorks Campus, Meridian Corporate Center, Steelyard Commons, Constitution Plaza, Twelve Oaks Mall, Lehigh Valley Mall and Fort Knox Executive Park, in each case, the mortgage loan is part of a larger split whole loan, which consists of the mortgage loan and one or more pari passu and/or subordinate components. Please see “Description of the Mortgage Pool—The Whole Loans” for additional information. |
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(7) | Each number identifies a group of related borrowers.
With respect to Loan Nos. 13, 17 and 36 Northwest Business Center, Lakewood Forest Plaza and Fountaingrove Executive Center the borrowers own the mortgaged property as tenants-in-common. |
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(8) | For each mortgage loan, the excess of the related Interest Rate % over the related Servicing Fee Rate, the Trustee Fee Rate (including the Certificate Administrator Fee Rate), the Operating Advisor Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate (collectively, the “Admin Fee %”).
For each mortgage loan, the excess of the related Interest Rate % over the related Servicing Fee Rate, the Trustee Fee Rate (including the Certificate Administrator Fee Rate), the Operating Advisor Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate (collectively, the “Admin Fee %”). |
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(9) | For the mortgage loans that are interest-only for the entire term and accrue interest on an Actual/360 basis, the Monthly Debt Service ($) was calculated as 1/12th of the product of (i) the Original Balance ($), (ii) the Interest Rate % and (iii) 365/360. |
(10) | With respect to all mortgage loans, except for the mortgage loans listed below, Annual Debt Service ($) is calculated by multiplying the Monthly Debt Service ($) by 12.
With respect to Loan No. 11, Constitution Plaza, Monthly Debt Service ($) and Annual Debt Service ($) is based on the sum of the first 12 principal and interest payments after the Cut-off Date based on schedule set forth on Annex F to this Prospectus. Accordingly, Current Balance ($), Maturity Balance ($), Monthly Debt Service ($), UW NOI DSCR and UW NCF DSCR all reflect this payment schedule.
With respect to Loan No. 16, Twelve Oaks Mall, Annual Debt Service ($) is calculated based on the sum of the first 12 principal and interest payments after the cut-off date based on the assumed principal payment schedule set forth in Annex G to this Preliminary Prospectus. Accordingly, Current Balance ($), Maturity Balance ($), Monthly Debt Service ($), UW NOI DSCR and UW NCF DSCR all reflect this payment schedule. |
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(11) | With respect to Loan No. 1, Marina Heights State Farm, the whole loan has an ARD feature with an anticipated repayment date of January 6, 2028, with an increased interest rate equal to the sum of (x) the greater of (i) 3.55950% per annum and (ii) the 10-year swap rate as of the anticipated repayment date plus (y) 3.00000%, until the Final Mat Date of January 6, 2033. From the first payment date after the ARD until the final maturity date, the Marina Heights State Farm whole loan requires amortization based on a 30-year schedule (assuming the initial interest rate). Please see “Risk Factors—Risks Relating to the Mortgage Loans—Risks of Anticipated Repayment Date Loans” in the Preliminary Prospectus for additional details.
With respect to Loan No. 8, DreamWorks Campus, the whole loan has an ARD feature with an anticipated repayment date of December 6, 2022, with an increased interest rate equal to the greater of (i) 2.2978260% (with respect to promissory notes A-1, A-2, A-3, A-4 and A-5) or 4.00000% (with respect to promissory note B), as applicable, plus 3.00000% or (ii) the five-year swap yield as of the anticipated repayment date plus 3.00000%. From the first payment date after the ARD until the Final Mat Date, the DreamWorks Campus borrower is required to make principal payments in an amount equal to excess cash flow. Please see “Risk Factors—Risks Relating to the Mortgage Loans—Risks of Anticipated Repayment Date Loans” in the Preliminary Prospectus for additional details.
With respect to Loan No. 12, U-Haul AREC 27 Portfolio, the mortgage loan has an ARD feature with an anticipated repayment date of April 1, 2028. From and after the anticipated repayment date, the loan documents provide for an increase in the interest rate (the “Extension Term Interest Rate”) equal to 300 basis points in excess of the greater of (a) the initial term interest rate of 4.335% (the “Initial Term Interest Rate”) and (b) the 10-year swap yield as of the ARD plus 135 basis points; provided that the Extension Term Interest Rate may not exceed the Initial Term Interest Rate plus 5.0%. The Final Mat Date is April 1, 2038. Please see “Risk Factors—Risks Relating to the Mortgage Loans—Risks of Anticipated Repayment Date Loans” in the Preliminary Prospectus for additional details. |
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(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.
In the case of certain mortgage loans, the loan documents permit the related borrower to prepay a portion of the mortgage loan in connection with partial releases of collateral, to cure a cash sweep period triggered by certain events or circumstances or to meet certain financial metrics contained in the related loan documents.
With respect to Loan No. 3, Atlantic Times Square, the lockout period will be at least 26 payment dates beginning with and including the first payment date of May 1, 2018. The actual lockout period may be longer. Defeasance of the $98.0 million Atlantic Times Square Whole Loan is permitted at any time after the date that is two years after the closing date of the securitization that includes the last note to be securitized (the “Permitted Defeasance Date”). The borrower is also permitted to prepay the Atlantic Times Square Whole Loan with the payment of a yield maintenance premium if the Permitted Defeasance Date has not occurred prior to May 1, 2021 (such earlier date, the “Permitted Release Date”).
With respect to Loan No. 4, Embassy Suites Glendale, the lockout period for defeasance will be at least 24 payments beginning with and including the first payment date of July 1, 2018. Defeasance of the full $68.0 million Embassy Suites Glendale Whole Loan is permitted at any time after the date that is two years from the closing date of the securitization that includes the note to be last securitized (the “REMIC Prohibition Period”). If the |
| REMIC Prohibition Period has not expired prior to July 1, 2021, the borrower is permitted to prepay the Embassy Suites Glendale Whole Loan with a yield maintenance premium. The assumed lockout period of 24 payments is based on the expected JPMDB 2018-C8 securitization closing date in June 2018. The actual lockout period may be longer. With respect to Loan No. 7, The Metropolitan at Wilton Manors, the borrower may voluntarily prepay the mortgage loan in an amount equal to $333,333 on each payment date in June and December commencing June 2023 each time without penalty.
With respect to Loan No. 8, DreamWorks Campus, the lockout period will be at least 30 payment dates beginning with and including the first payment date of January 6, 2018. Defeasance of the full $200.0 million DreamWorks Campus whole loan is permitted after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the last note to be securitized; or (ii) January 6, 2021. The actual lockout period may be longer.
With respect to Loan No. 10, Steelyard Commons, the lockout period for defeasance will be at least 26 payment dates beginning with and including the first payment date of May 6, 2018. Defeasance of the full Steelyard Commons Whole Loan is permitted at any time after the earlier to occur of (i) April 3, 2021 and (ii) two years after the closing date of the final securitization that holds a promissory note evidencing all or a portion of the Steelyard Commons Whole Loan based on the expected JPMDB 2018-C8 securitization closing. The actual lockout period may be longer.
With respect to Loan No. 11, Constitution Plaza, the lockout period will be at least 25 payments beginning with and including the first payment on June 6, 2018. Defeasance of the full $55.0 million Constitution Plaza Whole Loan is permitted at any time beginning two years after the closing date of the final securitization that includes the last note to be securitized. The assumed lockout period of 25 months is based on the expected JPMDB 2018-C8 securitization closing date in June 2018. The actual lockout period may be longer. |
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| With respect to Loan No. 27, Fort Knox Executive Park, the lockout period is required to be at least 27 payments beginning with and including the first payment date of April 6, 2018. Defeasance of the full $35.0 million whole loan is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) February 12, 2021. The assumed lockout period of 27 payments is based on the expected closing date of the JPMDB 2018-C8 securitization in June 2018. The actual lockout period may be longer.
With respect to Loan No. 27, Fort Knox Executive Park, in connection with a partial release, the borrower may partially prepay, on no more than two occasions, the underlying mortgage loan before the related lockout date in an amount equal to (x) the greatest of (A) $750,000, (B) an amount which would result in a DSCR following such release of no less than the greater of (i) 1.55x or (ii) the DSCR immediately prior to such release, (C) an amount which would be necessary to maintain a consistent LTV ratio for the remaining property once the release has been completed and (D) an amount which would result in a debt yield no less than the greater of 11.2% or the debt yield immediately prior to such release, plus (y) the greater of (A) the present value of the remaining payments of principal and interest applicable to the amount prepaid until maturity of the underlying whole loan or (B) 1.0% of the amount prepaid. |
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(13) | With respect to some mortgage loans, historical financial information may not be available due to the when the properties were constructed, renovated and/or acquired.
With respect to Loan Nos. 1, 2, 7, 9, 15, 21, 22, 24, 30 and 33, Marina Heights State Farm, 1875 Atlantic Avenue, The Metropolitan at Wilton Manors, Meridian Corporate Center, Troy Hotel Portfolio, The Market at Cross Creek Ranch, Weslaco Shopping Center, Greenmark at Andrews, Mezz 42 and JHMR Powderhorn, in each case, the related property is newly or recently acquired, renovated or built and some historical financials may not be available.
With respect to Loan No. 8, DreamWorks Campus, the related property was owned by DreamWorks prior to executing a sale-leaseback transaction in 2015 and some historical financials may not be available.
With respect to Loan No. 9, Meridian Corporate Center, the property level historical financials are unavailable as property level expense reporting was not provided by the sponsor. In addition, historical occupancy was reported at the portfolio level as the buildings were treated as a single business park by the seller. |
| With respect to Loan No. 12, U-Haul AREC 27 Portfolio, certain of the mortgaged properties are newly acquired and, therefore, some historical financials may not be available. In addition, 2015 Occupancy % for some of the individual properties are unavailable because such individual properties were not yet owned by the borrowers at that time.
With respect to Loan No. 14, Texas Hotel Portfolio, the Holiday Inn Express Van Horn mortgaged property was developed in 2016 and opened for business in December 2016. As such, 2015 and 2016 financials represent operations from only the Holiday Inn & Suites Beaumont mortgaged property. With respect to Loan No. 25, Northridge Medical Tower, 2015 historical financials were not available. However publically available DBUBS 2011-LC3 securitization reports captured key financial metrics including effective gross income, expenses and net operating income used in analysis.
With respect to Loan No. 27, Fort Knox Executive Park, 2015 and 2016 historical cash flow information is not available due to a previous sponsor’s default on a prior loan secured by the related property. The current sponsors acquired the property following foreclosure in April 2017. Historical financials were not provided by the prior owner. Additionally, the most recent financials represent trailing six months annualized ending in November 2017.
With respect to Loan No. 32, City View Farms, the loan sponsor bought out the majority equity partner and converted the property manager. As such, 2015 financials are not available and the remaining historical financials are based on a trailing 12 month period ending in January of each respective year.
With respect to Loan No. 35, Aaron’s Rent Portfolio, historical financials are not presented as the single tenant at each mortgaged property operates under a net lease. |
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(14) | In the case of certain mortgage loans, the UW NOI ($) exceeds Most Recent NOI ($) by 10%.
With respect to Loan No. 6, Southland Shopping Center, the UW NOI ($) is over 10% higher than 2017 NOI ($), primarily driven by Fresh Thyme and Texas Roadhouse which have not yet opened for business. Both tenants have taken possession of their respective spaces, and rental amounts through the tenants’ respective rent commencement dates have been escrowed at closing, along with unpaid tenant improvements. Fresh Thyme is expected to open for business in July 2018 and to begin paying rent in September 2018. Texas Roadhouse is expected to begin paying rent in July 2018 and to open for business in August 2018. Additionally, both spaces have been delivered by the borrower to the respective tenants and neither tenant has the right to terminate its lease in connection with the delivery of its space.
With respect to Loan No. 10, Steelyard Commons, UW NOI ($) is over 10% higher than Most Recent NOI ($), because UW NOI ($) reflects rents from newly signed leases in 2017 and 2018 accounting for $438,816 in annual rent and $253,763 in recoveries, which include the new lease for the Largest Tenant, Aspire Fitness, accounting for 8.0% of gross potential rent.
With respect to Loan No. 11, Constitution Plaza, the UW NOI ($) is over 10% higher than Most Recent NOI ($), primarily driven by new leases, increase in rent and rent steps taken through March 1, 2019.
With respect to Loan No. 12, U-Haul AREC 27 Portfolio, UW NOI ($) is over 10% higher than Most Recent NOI ($), primarily driven by increased occupancy from an average of 88.0% over the trailing twelve months as of March 2018 to 93.2% UW Economic Occupancy %. In addition, the UW NOI ($) reflects higher rents for units following the rebranding of the properties to U-Haul. |
| With respect to Loan No. 13, Northwest Business Center, the UW NOI ($) is over 10% higher than Most Recent NOI ($), primarily because 36 new leases, lease extensions or expansions have been executed at the property, comprising 27.7% of the net rentable area and $1,128,136 in rental income (34.6% of underwritten base rent). As such, net operating income has grown each year, including new leases that are only partially reflected in the Most Recent NOI ($).
With respect to Loan No. 18, 5805 Sepulveda Boulevard, the UW NOI ($) is over 10% higher than 2017 NOI ($), primarily because the loan sponsor backfilled space previously occupied by a large single tenant with multiple tenants at higher rents. Since that time, the loan sponsor has signed 10 new leases totaling 46,296 square feet (52.8% net rentable area). The leasing throughout 2017 and into 2018 disrupted the net operating income |
| performance at the property for 2017; however the property is now 100% leased to 21 tenants. The UW NOI ($) is based on the in-place rent roll and thus results in a higher net operating income than was achieved in 2017.
With respect to Loan No. 26, Dam Neck Shopping Center, the UW NOI ($) is over 10% higher than Most Recent NOI ($), primarily due to re-tenanting, which contributed to the increase in rental income. The low collections in 2017 were due to transition after the prior major tenant Kmart (79.5% of net rentable area at the time) vacated.
With respect to Loan No. 32, City View Farms, the UW NOI ($) is over 10% higher than Most Recent NOI ($), primarily because underwritten payroll and benefits expense line item was reduced by approximately $64,000 versus the trailing 12 month period ending in January 2018 due to the elimination of two employees that were managing non-collateral assets.
With respect to Loan No. 36, Fountaingrove Executive Center, the UW NOI ($) is over 10% higher than Most Recent NOI ($), primarily driven by a new lease signed by In Home Health, LLC, the 2nd Largest Tenant, accounting for 19.1% of the net rentable area and 17.9% of the underwritten base rent. With respect to Loan No. 39, Taylor Industrial, UW NOI ($) is more than 10% higher than the Most Recent NOI ($) primarily due to contractual rent steps underwritten for the 2nd Largest Tenant, Chrysler Group LLC, and the 3rd Largest Tenant space, Great Lakes HPP Detroit, expanding its space. Underwritten base rent for Chrysler Group LLC is inclusive of rent steps through April 2019. Great Lakes HPP Detroit expanded its space in February 2018, increasing annual rent per square foot from $5.26 to $5.67. |
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(15) | With respect to Loan No. 1, Marina Heights State Farm, the mortgaged property is exempt from property taxes because the ground lessor is a tax exempt government agency. The ground lease prohibits the ground lessor from transferring the fee to any entity that is not the State of Arizona or a political subdivision thereof that is exempt from property taxes. The lender did not underwrite any property taxes.
With respect to Loan No. 2, 1875 Atlantic Avenue, the property benefits from a 15-year 421A real estate tax abatement, which is slated to terminate in 2034. The abatement sets a discounted assessed value for the property of $339,384 for 15 years, which begins to phase out in year 2030 by 20%, followed by an additional phase-out each year through 2034. Taxes were underwritten to include the value of the 421A real estate tax abatement. |
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(16) | Except for the mortgage loan listed below, 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. 11, Constitution Plaza, UW NOI DSCR and UW NCF DSCR were calculated based on the sum of the first 12 principal and interest payments after the Cut-off Date based on the assumed principal payment schedule set forth in Annex F to the Preliminary Prospectus. |
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(17) | In the case of certain mortgage loans, all or a portion of the Title Type consists of a leasehold interest.
With respect to Loan No. 1, Marina Heights State Farm, the mortgaged property has been divided into multiple leasehold condominium units, all of which are owned by the borrower.
With respect to Loan No. 3, Atlantic Times Square, the mortgaged property is subject to two condominium declarations. The commercial condominium regime consists of two units (the underground parking garage and the retail units) which are owned by the borrower and are part of the mortgaged property. The residential condominiums consist of three buildings with a total of 210 units. The borrower owns two buildings totaling 100 units (47.62%) and such units are part of the mortgaged property.
With respect to Loan No. 12, U-Haul AREC 27 Portfolio, one of the borrowers owns the fee interest in the mortgaged properties, and the other borrower owns a leasehold interest pursuant to an operating lease between the two borrowers. Both the fee and leasehold interests have been pledged as security for the mortgage loan.
With respect to Loan No. 12, U-Haul AREC 27 Portfolio, the loan documents permit the borrowers to acquire either a fee simple estate in vacant land that is adjacent and contiguous to any existing mortgaged property or a leasehold estate in a non-contiguous property that is operated as a self-storage facility by an affiliate of the |
| borrower, in each case upon satisfaction of certain terms and conditions set forth in the loan documents. Please see “Description of the Mortgage Pool—Partial Releases” in the prospectus for additional information.
With respect to Loan No. 16, Twelve Oaks Mall, the borrower has the right to acquire the fee estate to one or more anchor pads (other than the Nordstrom anchor pad) subject to the satisfaction of certain terms and conditions set forth in the loan documents. Please see “Description of the Mortgage Pool—Partial Releases” in the prospectus for additional information. With respect to Loan No. 19 Lehigh Valley Mall, mortgage property is secured by both the borrower’s fee simple interest and a borrower affiliate’s leasehold interest under a ground lease.
With respect to Loan No. 37, Shoppes at Schoolhouse Crossing, the mortgaged property consists of one unit in a condominium with a total of five units. Please see “Description of the Mortgage Pool—Mortgage Pool Characteristics—Condominium Interests” for additional information.
With respect to Loan No. 37, Shoppes at Schoolhouse Crossing, the fee interest in the Mortgaged Property is held by a sponsor-affiliate of the related borrower, the Malchione Schafer Silver Protective Trust I (the “Malchione Trust”). The Malchione Trust has granted the borrower a leasehold interest in the Mortgaged Property pursuant to the terms of a ground lease between the Malchione Trust, as lessor, and the borrower, as lessee. Pursuant to the related mortgage, the lender has a lien on both the fee and leasehold interests in the Mortgaged Property. Pursuant to the terms of the ground lease, the Malchione Trust is prohibited from further encumbering its interest in the Mortgaged Property. The ground lease is scheduled to terminate on March 1, 2047, beyond the stated maturity date of the Mortgage Loan.
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(18) | 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. |
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(19) | 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. |
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(20) | 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 $0 balances are springing and are collected in the event of certain conditions being triggered in the respective mortgage loan documents. In certain other cases, all excess cash flow will be swept into reserve accounts in the event of certain conditions being trigger in the respective mortgage loan documents.
With respect to Loan No. 3, Atlantic Times Square, if AMC Theater has failed to renew the management agreement for the Largest Tenant, AMC Theater (the “AMC Management Agreement”), during the initial term or any subsequent renewal term thereof, on or before the date that is one (1) year prior to the then-current expiration of the AMC Management Agreement and no cure has occurred, then all excess cash flow is required to be deposited in the Monthly Other Reserve ($) for tenant improvement and leasing commission obligations incurred by the borrower with respect to the space, subject to a cap of $2,000,000.
With respect to Loan No. 7, The Metropolitan at Wilton Manors, the borrower is required to deposit $2,983 on each monthly payment date commencing in June 2021 into the Monthly Capex Reserve ($). With regards to the Credit Support Reserve, upon the occurrence of a cash sweep period (as defined in the loan agreement) commencing solely due to the debt service coverage ratio being less than 1.25x, the borrower may, but is not required to, deposit into an eligible account held by lender or servicer an amount equal to $103,750; provided that notice of the borrower’s intent to provide such deposit is delivered no later than the day on which financial statements are required to be delivered for the applicable testing period.
With respect to Loan No. 9, Meridian Corporate Center, prior to the second anniversary of the first monthly debt service payment date, the requirement to make the monthly deposit of $57,642 into the Monthly TI/LC Reserve ($) is waived to the extent the amount of funds on deposit in the Monthly TI/LC Reserve ($) is equal to or greater than $1,300,000 on the payment date such monthly deposit is due. |
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| With respect to Loan No. 9, Meridian Corporate Center, the borrower is required to escrow $5,492 into the Monthly Other Reserve ($) on each payment date through and including August 1, 2022 for free rent related to Avaya, the fourth largest tenant at the property. Such monthly escrows cover the rent abatement period beginning |
| in August 2022 through January 2024. Rent abatements occurring in the periods beginning in April 2018 through February 2019 have been reserved for at closing.
With respect to Loan No. 11, Constitution Plaza, the borrower is required to deposit $3,797 into the Monthly Other Reserve ($) on each payment date through and including June 2022 for the Hartford Business Improvement District reserve.
With respect to Loan No. 12, U-Haul AREC 27 Portfolio, the borrowers are required to deposit $7,653 into the Monthly Capex Reserve ($) on each payment date when the funds in the reserve are less than the related Capex Reserve Cap ($).
With respect to Loan No. 14, Texas Hotel Portfolio, a Monthly Capex Reserve ($) is required under the loan documents in the amount of 2% of gross revenues beginning with the first payment date in June 2018 and up to and including the payment date in May 2019, 3% of gross revenues beginning with the payment date in June 2019 and up to and including the payment date in May 2020 and 4% of gross revenues beginning with the payment date in June 2020 and continuing through the remaining term of the loan.
With respect to Loan No. 15, Troy Hotel Portfolio, on the date that any PIP is imposed by the franchisor, pursuant to the franchise agreement, the borrower must escrow an amount equal to 125% of the sum required to pay for such PIP, provided however if such PIP requires FF&E expenditures, such portion of the PIP may be funded using funds held in the FF&E reserve account and the amount to be deposited in the PIP Reserve Account will be reduced by the then-current amount of the funds held in the FF&E reserve account. With respect to Loan No. 16, Twelve Oaks Mall, the borrower is permitted to deliver letters of credit in lieu of its obligations to fund the Monthly Tax Reserve ($), Monthly TI/LC Reserve ($) and Monthly Capex Reserve ($) under the loan documents.
With respect to Loan No. 20, 800 South Barranca, a Monthly TI/LC Reserve ($) is required under the loan documents in the amount of $20,000 per month beginning with the first payment date in May 2018 and up to and including the payment date in May 2021 and $8,334 per month thereafter.
With respect to Loan No. 21, The Market at Cross Creek Ranch, the borrower is required to deposit $3,871 into the Monthly TI/LC Reserve ($) on each payment date commencing on the payment date in June 2020.
With respect to Loan No. 23, Guardian Self Storage 2-Pack, the borrower is required to deposit $1,298 into the Monthly Capex Reserve ($) on each payment date during any period of time when the debt service coverage ratio (as calculated in the loan documents) is less than 1.75x based on the trailing three month period.
With respect to Loan No. 28, 8851 Santa Monica Boulevard, if occupancy at the mortgaged property falls below 80% for six consecutive months, a Monthly TI/LC Reserve ($) is required under the loan documents in the amount of $1,200 per month. The Monthly TI/LC Reserve ($) is currently suspended.
With respect to Loan No. 31, Adams Portfolio, a Monthly TI/LC Reserve ($) is required under the loan documents in the amount of $3,754 beginning with the first payment date in February 2018 and up to and including the payment date in January 2020 and $1,877 per month thereafter. |
| With respect to Loan No. 35, Aaron’s Rent Portfolio, Monthly Capex Reserve ($) and Monthly TI/LC Reserve ($) are only applicable during the period commencing upon the earlier of the date on which (i) lender disburses (a) capital expenditure reserve funds in accordance with the terms set forth in the loan agreement or (b) leasing reserve funds in accordance with the terms set forth in the loan agreement, or (ii) the date on which the debt yield is less than 11.50%. The Monthly Capex Reserve ($) during this period would be $794 and the Monthly TI/LC Reserve ($) would be $3,705.
With respect to Loan No. 39, Taylor Industrial, on any monthly payment date on which the amount of leasing reserve funds on deposit is less than $200,000, the borrower is required to deposit into the leasing reserve account, an amount equal to the lesser of (x) $7,004 and (y) the amount required to cause the funds then on deposit in the leasing reserve account to equal or exceed $350,000. With respect to the lease sweep reserve, on each monthly payment date during the continuance of a “specified tenant event period” as defined in the loan documents, the borrower is required to deposit the greater of (x) an amount equal to 50% of the contractual monthly rent then due and payable under the specified tenant lease that caused the applicable specified tenant |
| event(s) to occur, and (y) $25,000, provided, however, in lieu of making the foregoing deposits into the lease sweep reserve account, the borrower may deliver to the lender a letter of credit in an amount equal to 50% of the monthly rent due and payable from the specified tenant(s) that caused the applicable specified tenant event(s) to occur (provided however, such monthly amount will not be less than $25,000), multiplied by the number of months then remaining until expiration under the applicable specified tenant lease. |
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(21) | Represents a cap on the amount required to be deposited by the borrower pursuant to the related mortgage loan documents. In certain cases, during the term of the mortgage loan, the caps may be altered or terminated subject to conditions of the respective mortgage loan documents.
With respect to Loan No. 9, Meridian Corporate Center, the TI/LC Reserve Cap ($) will increase to $2,075,115 on or after the second anniversary of the first payment date. |
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(22) | 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. 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 respect to Loan No. 9.01, Meridian Corporate Center – 2520 Meridian Parkway, the Largest Tenant, Parexel International, LLC, subleases 8,951 square feet of its leases premises to AroundCampus, LLC.
With respect to Loan No. 9.06, Meridian Corporate Center – 2600 Meridian Parkway, the Largest Tenant, Parata Systems, LLC, subleases its entire leased premises to Frontier Communications of America, Inc.
With respect to Loan No. 31.01, Adams Portfolio – 4626 Maryland, the sole tenant at the 4626 Maryland mortgaged property, Einstein Bros Bagels, subleases 1,650 square feet to Wells Fargo and 1,590 square feet to Mr. Sandwich. |
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(23) | 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 respect to Loan No. 1, Marina Heights State Farm, the Largest Tenant, State Farm, leases 7,154 square feet with an expiration date in March 2027, 426,902 square feet with an expiration date in December 2032, 370,332 square feet with an expiration date in December 2035, 347,851 square feet with an expiration date in December 2037, 245,370 square feet with an expiration date in December 2039 and 575,639 square feet with an expiration date in December 2042.
With respect to Loan No. 13, Northwest Business Center, the 2nd Largest Tenant, Commissions, Inc leases 34,145 square feet of space with a lease expiration in January 2022 and 3,928 square feet with a lease expiration in October 2020. |
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(24) | 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. Certain tenants may have the right to reduce or abate rent or terminate all or a portion of their leased spaces for a breach or violation of co-tenancy provisions in the related leases.
With respect to Loan No. 9.01, Meridian Corporate Center – 2520 Meridian Parkway, the Largest Tenant, Parexel International, LLC, has the right to contract a portion of its leased space located on the third floor as of August 31, 2020, with notice by March 1, 2020 and the payment of a termination fee. In addition, the 4th Largest Tenant, Avaya, Inc., has the right to terminate its lease as of July 31, 2024, with one year’s notice and the payment of a termination fee.
With respect to Loan No. 10, Steelyard Commons, the 4th Largest Tenant, Party City, may terminate its lease in December 2021, with 12-months’ notice and the satisfaction each of the following conditions: (i) Party City has continuously operated in the Steelyard Commons Property between December 1, 2018 and November 30, 2020 (ii) sales between December 1, 2019 and November 30, 2020 shall not have exceeded $1.7 million (compared to approximately $1.5 million reported as of trailing 12-month period ended January 31, 2018) and (iii) subject to a termination fee of remaining unamortized portion of the improvement allowance. |
| With respect to Loan No. 11, Constitution Plaza, the 2nd Largest Tenant, Shipman & Goodwin, LLP, has a termination option to terminate its lease on one full floor of the Mortgaged Property (10,977 square feet; 1.7% of net rentable area). The 4th Largest Tenant, The City of Hartford, has the right to terminate its lease, effective on the last business day of any month after February 28, 2023, provided that (i) the tenant gives notice to the landlord at least 12 months prior to the termination date and (ii) the tenant has elected to a relocate to property owned by it, and the tenant actually relocated to such property. The 5th Largest Tenant, State of Connecticut Department of Banking, has the right to terminate the lease after the three-year anniversary of the its lease term in the event that space becomes available in a state owned facility and the tenant moves into a State of Connecticut owned facility. Such termination requires notice at least 180 days in advance of the termination date.
With respect to Loan No. 16, Twelve Oaks Mall, the 2nd Largest Tenant, H&M, has the right to terminate its lease effective as of the last day of the fifth lease year (ending December 2023) if gross sales during the fourth lease year are not at least equal to $6,500,000.
With respect to Loan No. 18, 5805 Sepulveda Boulevard, the Largest Tenant, Caine & Weiner, has the right to terminate its lease in February 2023 with nine months’ notice.
With respect to Loan No. 20, 800 South Barranca, the Largest Tenant, State of California Department of General Services, has the right to terminate its lease any time after July 2018 with 30 days’ notice. The 3rd Largest Tenant, Think Together, has the right to terminate its lease in June 2021 with 180 days’ notice. Additionally, Think Together has the right to terminate its lease at the effective the last day of the calendar month of the initial term of its lease if it loses 50% of its local school district contracts in any calendar year with six months’ notice. |
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| With respect to Loan No. 21, The Market at Cross Creek Ranch, the 3rd Largest Tenant, Twin Liquors, has a one-time right to terminate its lease by providing written notice no later than on the 365th day after the effective date of the amendment of the applicable laws permitting such sale of distilled spirits in grocery stores, drug stores or discount houses in the State of Texas and a payment of a termination fee. Such termination will be effective 90 days following the date of the landlord’s receipt of such early termination notice and such termination fee. In addition, the 5th Largest Tenant, Memorial Herman, has a one-time to terminate its lease as of the 90th day after the expiration of the fifth lease year of the lease term, with written notice no later than the 210th day prior to the expiration of the fifth lease year and the payment of a termination fee.
With respect to Loan No. 27, Fort Knox Executive Park, the Largest Tenant and 2nd Largest Tenant, Florida Agency for Healthcare Administration and Florida Department of Law Enforcement each have the right to terminate their respective leases with six months’ notice in the event space becomes available in state-owned buildings.
With respect to Loan No. 36, Fountaingrove Executive Center, the 2nd Largest Tenant, In Home Health LLC, may terminate its lease in June 2021 upon a 12 months’ prior notice and subject to a termination fee of remaining unamortized portion of the improvement allowance plus $80,325.
With respect to Loan No. 39, Taylor Industrial, the 4th Largest Tenant, Palmer Moving, has a lease expiring in December 2023. The Palmer Moving lease may be terminated by either the landlord or the tenant with 90 days’ notice. The Occupancy % excluding Palmer Moving is 86.1%. |
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(25) | In certain cases, the Principal / Carveout Guarantor name was shortened for spacing purposes or due to the number of parties serving as the Principal / Carveout Guarantor. In the case of certain mortgage loans, the loan documents permit the borrower to replace the Principal / Carveout Guarantor upon satisfaction of certain terms and conditions in the related loan documents.
With respect to Loan No. 1, Marina Heights State Farm, there is no Carveout Guarantor for the whole loan, and the borrower is the sole party responsible for breaches or violations of the nonrecourse carve-out provisions in the loan documents and the environmental indemnity.
With respect to Loan No. 8, DreamWorks Campus, there is no Carveout Guarantor for the whole loan, and the borrower is the sole party responsible for breaches or violations of the nonrecourse carve-out provisions in the loan documents and for the environmental indemnity.
With respect to Loan No. 19, Lehigh Valley Mall, the obligations and liabilities of the Carveout Guarantor under the non-recourse carveout guaranty is capped at $40,000,000, plus all reasonable out-of-pocket costs and |
| expenses (including court costs and reasonable attorneys’ fees) incurred by the lender in the enforcement of the guaranty or the preservations of the lender’s rights under the guaranty. |
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(26) | The classification of the lockbox and cash management types is described in the Prospectus. See “Description of the Mortgage Pool – Lockbox Accounts” for further details.
With respect to Loan No. 3, Atlantic Times Square, upon the occurrence and during the continuance of a lockbox trigger period, the borrower will also be required to (i) deliver tenant direction letters to all commercial tenants at the Mortgaged Property instructing such tenants to pay rents directly into the lockbox account and (ii) collect rents from the multifamily tenants and deposit such rents into the lockbox account one business day following receipt of funds.
With respect to Loan No. 7, The Metropolitan at Wilton Manors, the cash sweep period will not commence until three business days after the Credit Support Notice Date (as defined in the loan agreement) occurs.
With respect to Loan No. 11, Constitution Plaza, the whole loan is in a cash flow sweep as of the Cut-off Date and all excess cash flow will be collected until (i) an additional $750,000 has been deposited into the leasing reserve account and (ii) $325,000 has been paid to MSCO Real Estate Advisors LLC.
With respect to Loan No. 16, Twelve Oaks Mall, the whole loan is characterized as having a Hard Lockbox, except that the borrower is permitted to maintain a bank account (which will not be under the control of the lender) into which rents from operators of carts, kiosks or similar facilities or persons who are parties to a license agreement for a term of one year or less, or miscellaneous amounts received by the borrower that are not rents, payments, reimbursements or other amounts paid under any lease, may be deposited, and utilize such funds for operating the mortgaged property (the “Kiosk Account”). The loan documents also require that, on each business day, any funds in excess of $150,000 on deposit in the Kiosk Account are required to be remitted to a borrower controlled account. Upon the occurrence of certain trigger cash sweep periods under the loan documents, funds in the Kiosk Account in excess of $50,000 are required to be transferred to the cash management account and disbursed in accordance with the loan documents. |
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(27) | With respect to Loan No. 9, Meridian Corporate Center, the related Whole Loan will initially be serviced by the master servicer and special servicer pursuant to the pooling and servicing agreement for this transaction. From and after the date on which the related lead servicing Companion Loan is securitized, it is anticipated that the related Whole Loan will be serviced under and by the master servicer and special servicer designated in the related pooling and servicing agreement entered into in connection with such securitization. |
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(28) | 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 preliminary 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. 11, Constitution Plaza, the borrower is permitted to obtain additional mezzanine financing only if the debt is obtained in connection with, (i) a transfer of the property and the assumption of the Constitution Plaza whole loan, (ii) the mezzanine lender does not approve of such transfer and related assumption under the Constitution Plaza mezzanine loan documents and (iii) the Constitution Plaza mezzanine loan will be fully repaid in accordance with the terms of the loan documents. The replacement mezzanine financing must satisfy the following conditions, among others, (i) no event of default has occurred or is continuing, (ii) after giving effect to the permitted mezzanine loan, (a) the LTV will not be greater than 68.9% and (b) DSCR shall not be less than 1.13x.
With respect to Loan No. 16, Twelve Oaks Mall, prior to origination of the related whole loan, the mortgaged property did not secure a mortgage loan but was included in a pool of assets supporting corporate borrowing by a parent of the borrower. The entities that own the mortgaged property and certain other assets are guarantors under Taubman Centers, Inc.’s primary unsecured revolving credit facility (net balance of $678.9 million as of September 30, 2017), $475 million unsecured term loan, and $300 million unsecured term loan, and are unencumbered assets under such facility and term loans. The proceeds of the related whole loan were used to repay a portion of the outstanding corporate loan, fund reserves and pay origination costs. |