FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-197550-02 | ||
WFRBS Commercial Mortgage Trust 2014-C25 Disclaimer The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-197550 for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-866-884-2071 (8 a.m. – 5 p.m. EST) or by emailing rbscmbs@rbs.com. Nothing in this document constitutes an offer of securities for sale in any other jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time. STATEMENT REGARDING THESE MATERIALS The information contained herein (the "Information") is preliminary and subject to change. This information will be superseded by similar information delivered to you as part of the offering document relating to the WFRBS Commercial Mortgage Trust 2014-C25, Commercial Mortgage Pass-Through Certificates, Series 2014-C25 (the "Offering Document"). The Information supersedes any such information previously delivered. The Information should be reviewed only in conjunction with the entire Offering Document. All of the Information is subject to the same limitations and qualifications contained in the Offering Document. The Information does not contain all relevant information relating to the underlying mortgage loans or mortgaged properties. Such information is described elsewhere in the Offering Document. The Information contained herein will be more fully described elsewhere in the Offering Document. The Information should not be viewed as projections, forecasts, predictions or opinions with respect to value. Prior to making any investment decision, prospective investors are strongly urged to read the Offering Document in its entirety. This material should be not construed as an effort to sell or the solicitation of any offer to buy any security in any jurisdiction where such offer of solicitation would be illegal. STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers identified in the Offering Document. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. None of RBS Securities Inc. (“RBSSI”), Wells Fargo Securities, LLC (“WFS”), any other underwriter or dealer participating in this offering, or any of their respective affiliates make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us. These materials contain certain forward-looking statements. If and when included in these materials, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in these materials are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement. RBS is a trade name for the investment banking business of RBSSI. Securities, syndicated loan arranging, financial advisory and other investment banking activities are performed by RBSSI and their securities affiliates. Lending, derivatives and other commercial banking activities are performed by The Royal Bank of Scotland plc and their banking affiliates. RBSSI is a member of SIPC, FINRA and the NYSE. Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC; Wells Fargo Institutional Securities, LLC, a member of FINRA and SIPC; and Wells Fargo Bank, N.A. Wells Fargo Securities, LLC carries and provides clearing services for Wells Fargo Institutional Securities, LLC customer accounts. IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, any email communication to which these materials are attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation being made that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system. |
WFRBS Commercial Mortgage Trust 2014-C25 | |||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||||||
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | Cross Collateralized and Cross Defaulted Loan Flag | Address | City | State | Zip Code | ||||||||
1 | St. Johns Town Center | WFB | 4790 River City Drive; 4668 Town Center Parkway; 10261 River Marsh Drive | Jacksonville | FL | 32246 | |||||||||
2 | Colorado Mills | RBS | 14500 West Colfax Avenue | Lakewood | CO | 80401 | |||||||||
3 | Plaza Vista | WFB | 900 West 48th Place | Kansas City | MO | 64112 | |||||||||
4 | Four Seasons Hotel - Seattle | WFB | 99 Union Street | Seattle | WA | 98101 | |||||||||
5 | 529 Bryant Street | WFB | 529 Bryant Street | Palo Alto | CA | 94301 | |||||||||
6 | Granada Gardens | RMF | 4421 Granada Boulevard | Warrensville Heights | OH | 44128 | |||||||||
7 | Tobin Lofts | SPREF | 1415 North Main Street | San Antonio | TX | 78212 | |||||||||
8 | Madison Park Office Portfolio | WFB | Various | Winston-Salem | NC | 27105 | |||||||||
8.01 | National General Buildings | WFB | 5620 and 5630 University Parkway | Winston-Salem | NC | 27105 | |||||||||
8.02 | Lowe’s Buildings | WFB | 5640 and 5644 University Parkway | Winston-Salem | NC | 27105 | |||||||||
8.03 | BCBS Buildings | WFB | 5650 and 5660 University Parkway | Winston-Salem | NC | 27105 | |||||||||
8.04 | 5635 Building | WFB | 5635 Hanes Mill Road | Winston-Salem | NC | 27105 | |||||||||
9 | Brookstone Park Apartments | RBS | 1842 Ochsner Boulevard | Covington | LA | 70433 | |||||||||
10 | Clarkwood Greens | RMF | 4761 Walford Road | Warrensville Heights | OH | 44128 | |||||||||
11 | DoubleTree - Virginia Beach | Basis | 1900 Pavilion Drive | Virginia Beach | VA | 23451 | |||||||||
12 | All Storage Keller Haslet & Katy | RBS | 4874 Keller Haslet Road | Keller | TX | 76244 | |||||||||
13 | Twin Falls Portfolio | SPREF | Various | Twin Falls | ID | 83301 | |||||||||
13.01 | Holiday Inn Express - Twin Falls | SPREF | 1554 Fillmore Street | Twin Falls | ID | 83301 | |||||||||
13.02 | Hampton Inn - Twin Falls | SPREF | 1658 Fillmore Street North | Twin Falls | ID | 83301 | |||||||||
13.03 | Quality Inn - Twin Falls | SPREF | 1910 Fillmore Street North | Twin Falls | ID | 83301 | |||||||||
14 | Residences at 865 East | WFB | 865 Port Republic Road | Harrisonburg | VA | 22801 | |||||||||
15 | Vista Verde Apartments | WFB | 1658 South Hiawassee Road | Orlando | FL | 32835 | |||||||||
16 | Georgia MHC Portfolio | RMF | Various | Various | GA | Various | |||||||||
16.01 | Hunteridge | RMF | 696 Tara Road | Jonesboro | GA | 30238 | |||||||||
16.02 | Riverdale | RMF | 8000 Highway 85 | Riverdale | GA | 30296 | |||||||||
16.03 | Jonesboro | RMF | 275 Upper Riverdale Road Southeast | Jonesboro | GA | 30236 | |||||||||
17 | Sharon Park | SPREF | 5600 Chimney Rock Road | Houston | TX | 77081 | |||||||||
18 | Six Trails Apartments | Basis | 801 Valley Circle Drive | Saline | MI | 48176 | |||||||||
19 | New York Self Storage Portfolio | RMF | Various | Various | NY | Various | |||||||||
19.01 | Capital Self Storage - Liberty | RMF | 1695 Route 52 | Liberty | NY | 12754 | |||||||||
19.02 | Capital Self Storage - New Hampton | RMF | 5 Cannon Hill Drive | New Hampton | NY | 10958 | |||||||||
19.03 | Rite Self Storage | RMF | 88-94 Dolson Ave | Middletown | NY | 10940 | |||||||||
20 | Elsinore Courtyard Apartments | Basis | 5311-5330 E Street, 5109-5117 C Street, and 5108-5112 Call Place | Washington | DC | 20032 | |||||||||
21 | Kensington Commons | RMF | 6300 Refugee Road | Canal Winchester | OH | 43110 | |||||||||
22 | Southgate Mall | RMF | 3140 South 4th Avenue | Yuma | AZ | 85364 | |||||||||
23 | The Falls at Tampa Bay | WFB | 4610 North Armenia Avenue | Tampa | FL | 33603 | |||||||||
24 | Creekside Village of Fairfield | RMF | 5001 Pleasant Avenue | Fairfield | OH | 45014 | |||||||||
25 | The Village at Mirror Lake | LIG I | 2000 Mirror Lake Boulevard | Villa Rica | GA | 30180 | |||||||||
26 | John Alden Apartments | CIIICM | 1019 Terry Avenue | Seattle | WA | 98104 | |||||||||
27 | Desert Sky Festival | WFB | 7333 West Thomas Road; 2611 & 2651 North 75th Avenue | Phoenix | AZ | 85035 | |||||||||
28 | 276 Post Road West | SPREF | 276 Post Road West | Westport | CT | 06880 | |||||||||
29 | AMCP Portfolio | SPREF | Various | Various | Various | Various | |||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | SPREF | 1 West Mayflower Avenue | North Las Vegas | NV | 89030 | |||||||||
29.02 | North Las Vegas - Foremaster Lane | SPREF | 1100 Foremaster Lane | Las Vegas | NV | 89101 | |||||||||
29.03 | North Las Vegas - Losee Road | SPREF | 2501 Losee Road | North Las Vegas | NV | 89030 | |||||||||
29.04 | Atlantic City NJ | SPREF | 18 North New Jersey Avenue | Atlantic City | NJ | 08401 | |||||||||
29.05 | Norwich CT | SPREF | 5-9 Consumers Avenue | Norwich | CT | 06360 | |||||||||
30 | Abbey Park Apartments | WFB | 3221 East Baldwin Road | Grand Blanc | MI | 48439 | |||||||||
31 | Hawthorne 40 Shopping Center | RMF | 14231 East Highway 40 | Kansas City | MO | 64136 | |||||||||
32 | Great Petaluma Mill | WFB | 6 and 16 Petaluma Boulevard | Petaluma | CA | 94952 | |||||||||
33 | Academy Sports - Anderson, SC | WFB | 3423 Clemson Boulevard | Anderson | SC | 29621 | |||||||||
34 | Crossing at Sun Meadow | SPREF | �� | 1744 Jenkins Road | Pasadena | TX | 77506 | ||||||||
35 | Chesapeake Pointe Apts | SPREF | 1070 Chesapeake Drive | Akron | OH | 44306 | |||||||||
36 | Crossing at Burke Regency | SPREF | 3602 Burke Road | Pasadena | TX | 77504 | |||||||||
37 | La Quinta Plainfield | Basis | 2251 Manchester Drive | Plainfield | IN | 46168 | |||||||||
38 | Cornerstone Apartments | CIIICM | 3101 North Midland Drive | Midland | TX | 79707 | |||||||||
39 | Elsea Mobile Village | WFB | 1265 North Court Street | Circleville | OH | 43113 | |||||||||
40 | Inn at Queen Anne | CIIICM | 505 1st Avenue North | Seattle | WA | 98109 | |||||||||
41 | All Storage Old Denton | RBS | 2409 Old Denton Road | Carrollton | TX | 75006 | |||||||||
42 | Sherman Crossroads | RMF | 2916 US Highway 75 | Sherman | TX | 75090 | |||||||||
43 | Brunswick Apartments | WFB | 22123 Brunswick Drive | Woodhaven | MI | 48183 | |||||||||
44 | Shaw’s Supermarkets Land Lease | WFB | 20 D’Amante Drive | Concord | NH | 03301 | |||||||||
45 | Villa Nueva | RMF | 5600 North Freeway | Houston | TX | 77076 | |||||||||
46 | Village on Lorna | RMF | 3301-3326 Lorna Road | Hoover | AL | 35216 | |||||||||
47 | Lewisville Shopping Center | WFB | 2325 South Stemmons Freeway | Lewisville | TX | 75067 | |||||||||
48 | 855 Ridge Lake | CIIICM | 855 Ridge Lake Boulevard | Memphis | TN | 38120 | |||||||||
49 | Villages of Capital Pointe | RMF | 7633-7801 Capital Circle North and 7600-7762 Capital Circle South | Washington Township | MI | 48094 | |||||||||
50 | Stones Crossing II & Mooresville II & III | CIIICM | Various | Various | IN | Various | |||||||||
50.01 | Stones Crossing II | CIIICM | 2800 S. State Route 135 | Greenwood | IN | 46143 | |||||||||
50.02 | Mooresville II & III | CIIICM | 610 S. State Road 67 | Mooresville | IN | 46158 | |||||||||
51 | Cathedral Towne Villas Apartments | CIIICM | 36700 Pickfair Street | Cathedral City | CA | 92234 | |||||||||
52 | Walgreens - Savannah | WFB | 2109 East Victory Drive | Savannah | GA | 31404 | |||||||||
53 | Texas Avenue at Redmond | Basis | 1530 Texas Avenue | College Station | TX | 77840 | |||||||||
54 | Crossing at Allen Square | SPREF | 1111 Queens Road | Pasadena | TX | 77502 | |||||||||
55 | Sunrise Plaza | RMF | 905 East Rand Road | Mount Prospect | IL | 60056 | |||||||||
56 | Shops at Bay City Mall | Basis | 3900 State Street Road | Bay City | MI | 48706 | |||||||||
57 | College MHC | CIIICM | 6160 South 6th Street | Milwaukee | WI | 53221 | |||||||||
58 | Maxwell Apartments | CIIICM | 6015 24th Avenue NW | Seattle | WA | 98107 | |||||||||
59 | Honeydale MHP | CIIICM | 505 Honeydale Road | Brownsville | TX | 78520 |
A-1
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||
Mortgage Loan Number | Property Name | General Property Type | Specific Property Type | Year Built | Year Renovated | Number of Units(2) | Unit of Measure | Cut-off Date Balance Per Unit/SF/ Room/Pad ($)(3) | Original Balance ($)(3) | |||||||||
1 | St. Johns Town Center | Retail | Regional Mall | 2005 | 2014 | 981,157 | Sq. Ft. | 207 | 100,000,000 | |||||||||
2 | Colorado Mills | Retail | Regional Mall | 2002 | 2013 | 918,448 | Sq. Ft. | 148 | 100,000,000 | |||||||||
3 | Plaza Vista | Office | Suburban | 2013 | 253,720 | Sq. Ft. | 266 | 67,600,000 | ||||||||||
4 | Four Seasons Hotel - Seattle | Hospitality | Full Service | 2009 | 147 | Rooms | 285,714 | 42,000,000 | ||||||||||
5 | 529 Bryant Street | Other | Data Center | 1928 | 2004 | 45,319 | Sq. Ft. | 852 | 38,600,000 | |||||||||
6 | Granada Gardens | Multifamily | Garden | 1966 | 2014 | 940 | Units | 36,702 | 34,500,000 | |||||||||
7 | Tobin Lofts | Multifamily | Student Housing | 2013 | 552 | Units | 62,423 | 34,500,000 | ||||||||||
8 | Madison Park Office Portfolio | Various | Various | Various | Various | 482,835 | Sq. Ft. | 60 | 29,000,000 | |||||||||
8.01 | National General Buildings | Office | Suburban | 1983 | 2014 | 116,048 | Sq. Ft. | 10,400,000 | ||||||||||
8.02 | Lowe’s Buildings | Other | Data Center | 1985 | 2006 | 169,810 | Sq. Ft. | 8,800,000 | ||||||||||
8.03 | BCBS Buildings | Office | Suburban | 1984 | 2014 | 151,774 | Sq. Ft. | 6,400,000 | ||||||||||
8.04 | 5635 Building | Office | Suburban | 1986 | 2006 | 45,203 | Sq. Ft. | 3,400,000 | ||||||||||
9 | Brookstone Park Apartments | Multifamily | Garden | 2011 | 240 | Units | 102,083 | 24,500,000 | ||||||||||
10 | Clarkwood Greens | Multifamily | Garden | 1963 | 2014 | 568 | Units | 41,549 | 23,600,000 | |||||||||
11 | DoubleTree - Virginia Beach | Hospitality | Full Service | 1983 | 2014 | 292 | Rooms | 68,493 | 20,000,000 | |||||||||
12 | All Storage Keller Haslet & Katy | Self Storage | Self Storage | 2003 | 302,996 | Sq. Ft. | 66 | 19,850,000 | ||||||||||
13 | Twin Falls Portfolio | Hospitality | Limited Service | Various | Various | 277 | Rooms | 66,628 | 18,500,000 | |||||||||
13.01 | Holiday Inn Express - Twin Falls | Hospitality | Limited Service | 2009 | 91 | Rooms | 7,900,000 | |||||||||||
13.02 | Hampton Inn - Twin Falls | Hospitality | Limited Service | 2004 | 2013 | 75 | Rooms | 5,960,000 | ||||||||||
13.03 | Quality Inn - Twin Falls | Hospitality | Limited Service | 1992 | 2014 | 111 | Rooms | 4,640,000 | ||||||||||
14 | Residences at 865 East | Multifamily | Student Housing | 2009 | 274 | Units | 61,496 | 16,850,000 | ||||||||||
15 | Vista Verde Apartments | Multifamily | Garden | 1990 | 2007 | 200 | Units | 83,250 | 16,650,000 | |||||||||
16 | Georgia MHC Portfolio | Manufactured Housing Community | Manufactured Housing Community | Various | 1,465 | Pads | 11,249 | 16,500,000 | ||||||||||
16.01 | Hunteridge | Manufactured Housing Community | Manufactured Housing Community | 1991 | 909 | Pads | 10,237,884 | |||||||||||
16.02 | Riverdale | Manufactured Housing Community | Manufactured Housing Community | 1964 | 481 | Pads | 5,417,406 | |||||||||||
16.03 | Jonesboro | Manufactured Housing Community | Manufactured Housing Community | 1968 | 75 | Pads | 844,710 | |||||||||||
17 | Sharon Park | Multifamily | Garden | 1970 | 636 | Units | 25,905 | 16,500,000 | ||||||||||
18 | Six Trails Apartments | Multifamily | Garden | 1971 | 2009 | 294 | Units | 44,643 | 13,125,000 | |||||||||
19 | New York Self Storage Portfolio | Self Storage | Self Storage | Various | Various | 188,633 | Sq. Ft. | 66 | 12,500,000 | |||||||||
19.01 | Capital Self Storage - Liberty | Self Storage | Self Storage | 2003 | 69,450 | Sq. Ft. | 5,450,000 | |||||||||||
19.02 | Capital Self Storage - New Hampton | Self Storage | Self Storage | 1999 | 2006 | 76,345 | Sq. Ft. | 4,750,000 | ||||||||||
19.03 | Rite Self Storage | Self Storage | Self Storage | 2008 | 42,838 | Sq. Ft. | 2,300,000 | |||||||||||
20 | Elsinore Courtyard Apartments | Multifamily | Low Rise | 1960 | 2013 | 152 | Units | 80,263 | 12,200,000 | |||||||||
21 | Kensington Commons | Multifamily | Garden | 2001 | 264 | Units | 45,455 | 12,000,000 | ||||||||||
22 | Southgate Mall | Retail | Anchored | 1973 | 2014 | 159,465 | Sq. Ft. | 70 | 11,200,000 | |||||||||
23 | The Falls at Tampa Bay | Multifamily | Garden | 1985 | 241 | Units | 45,643 | 11,000,000 | ||||||||||
24 | Creekside Village of Fairfield | Multifamily | Garden | 1974 | 2012 | 229 | Units | 42,795 | 9,800,000 | |||||||||
25 | The Village at Mirror Lake | Retail | Anchored | 2004 | 76,177 | Sq. Ft. | 121 | 9,250,000 | ||||||||||
26 | John Alden Apartments | Multifamily | Mid Rise | 1924 | 1980 | 80 | Units | 113,599 | 9,100,000 | |||||||||
27 | Desert Sky Festival | Retail | Anchored | 1993 | 130,028 | Sq. Ft. | 69 | 9,000,000 | ||||||||||
28 | 276 Post Road West | Office | Suburban | 1987 | 2004 | 32,873 | Sq. Ft. | 266 | 8,750,000 | |||||||||
29 | AMCP Portfolio | Industrial | Warehouse | Various | Various | 441,959 | Sq. Ft. | 54 | 8,000,000 | |||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | Industrial | Warehouse | 1989 | 150,101 | Sq. Ft. | 2,832,433 | |||||||||||
29.02 | North Las Vegas - Foremaster Lane | Industrial | Warehouse | 1994 | 96,561 | Sq. Ft. | 1,794,595 | |||||||||||
29.03 | North Las Vegas - Losee Road | Industrial | Warehouse | 1975 | 2006 | 97,058 | Sq. Ft. | 1,664,865 | ||||||||||
29.04 | Atlantic City NJ | Industrial | Warehouse | 2001 | 62,550 | Sq. Ft. | 1,059,459 | |||||||||||
29.05 | Norwich CT | Industrial | Warehouse | 2003 | 35,689 | Sq. Ft. | 648,648 | |||||||||||
30 | Abbey Park Apartments | Multifamily | Senior Housing | 2000 | 2014 | 144 | Units | 55,262 | 8,000,000 | |||||||||
31 | Hawthorne 40 Shopping Center | Retail | Anchored | 1986 | 209,545 | Sq. Ft. | 37 | 7,725,000 | ||||||||||
32 | Great Petaluma Mill | Mixed Use | Retail/Office | 1854 | 1976 | 45,948 | Sq. Ft. | 149 | 6,850,000 | |||||||||
33 | Academy Sports - Anderson, SC | Retail | Shadow Anchored | 2013 | 76,659 | Sq. Ft. | 82 | 6,250,000 | ||||||||||
34 | Crossing at Sun Meadow | Multifamily | Garden | 1984 | 2011 | 180 | Units | 32,114 | 5,780,500 | |||||||||
35 | Chesapeake Pointe Apts | Multifamily | Garden | 1973 | 2012 | 200 | Units | 27,500 | 5,500,000 | |||||||||
36 | Crossing at Burke Regency | Multifamily | Garden | 1983 | 190 | Units | 28,632 | 5,440,000 | ||||||||||
37 | La Quinta Plainfield | Hospitality | Limited Service | 2010 | 96 | Rooms | 55,137 | 5,300,000 | ||||||||||
38 | Cornerstone Apartments | Multifamily | Garden | 1979 | 2012 | 120 | Units | 41,667 | 5,000,000 | |||||||||
39 | Elsea Mobile Village | Manufactured Housing Community | Manufactured Housing Community | 1950 | 311 | Pads | 16,055 | 5,000,000 | ||||||||||
40 | Inn at Queen Anne | Hospitality | Limited Service | 1930 | 2014 | 69 | Rooms | 65,859 | 4,550,000 | |||||||||
41 | All Storage Old Denton | Self Storage | Self Storage | 2008 | 92,970 | Sq. Ft. | 47 | 4,400,000 | ||||||||||
42 | Sherman Crossroads | Retail | Shadow Anchored | 2001 | 37,085 | Sq. Ft. | 117 | 4,325,000 | ||||||||||
43 | Brunswick Apartments | Multifamily | Garden | 1986 | 227 | Units | 18,916 | 4,300,000 | ||||||||||
44 | Shaw’s Supermarkets Land Lease | Other | Leased Fee | NAP | 70,000 | Sq. Ft. | 61 | 4,257,500 | ||||||||||
45 | Villa Nueva | Multifamily | Garden | 1960 | 2014 | 160 | Units | 26,218 | 4,200,000 | |||||||||
46 | Village on Lorna | Retail | Anchored | 1986 | 141,496 | Sq. Ft. | 30 | 4,200,000 | ||||||||||
47 | Lewisville Shopping Center | Retail | Shadow Anchored | 1994 | 2014 | 32,796 | Sq. Ft. | 127 | 4,175,000 | |||||||||
48 | 855 Ridge Lake | Office | CBD | 1973 | 2010 | 79,224 | Sq. Ft. | 52 | 4,150,000 | |||||||||
49 | Villages of Capital Pointe | Multifamily | Garden | 2009 | 48 | Units | 79,167 | 3,800,000 | ||||||||||
50 | Stones Crossing II & Mooresville II & III | Retail | Various | Various | 36,516 | Sq. Ft. | 102 | 3,725,000 | ||||||||||
50.01 | Stones Crossing II | Retail | Anchored | 2006 | 20,800 | Sq. Ft. | 2,120,000 | |||||||||||
50.02 | Mooresville II & III | Retail | Unanchored | 1998/1999 | 15,716 | Sq. Ft. | 1,605,000 | |||||||||||
51 | Cathedral Towne Villas Apartments | Multifamily | Garden | 2006 | 61 | Units | 60,248 | 3,680,000 | ||||||||||
52 | Walgreens - Savannah | Retail | Single Tenant | 1999 | 2014 | 12,375 | Sq. Ft. | 291 | 3,600,000 | |||||||||
53 | Texas Avenue at Redmond | Retail | Unanchored | 2013 | 8,640 | Sq. Ft. | 359 | 3,100,000 | ||||||||||
54 | Crossing at Allen Square | Multifamily | Garden | 1984 | 111 | Units | 27,495 | 3,052,000 | ||||||||||
55 | Sunrise Plaza | Retail | Anchored | 2002 | 13,275 | Sq. Ft. | 217 | 2,887,000 | ||||||||||
56 | Shops at Bay City Mall | Retail | Shadow Anchored | 1996 | 33,778 | Sq. Ft. | 64 | 2,150,000 | ||||||||||
57 | College MHC | Manufactured Housing Community | Manufactured Housing Community | 1949 | 132 | Pads | 15,909 | 2,100,000 | ||||||||||
58 | Maxwell Apartments | Multifamily | Low Rise | 1930 | 21 | Units | 95,113 | 2,000,000 | ||||||||||
59 | Honeydale MHP | Manufactured Housing Community | Manufactured Housing Community | 1970 | 177 | Pads | 8,465 | 1,500,000 |
A-2
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Cut-off Date Balance ($)(3) | % of Aggregate Cut-off Date Balance(3) | Maturity Date or ARD Balloon Payment ($)(3) | ARD Loan | Origination Date | First Pay Date | Last IO Pay Date | First P&I Pay Date | Maturity Date or Anticipated Repayment Date | ARD Loan Maturity Date | Gross Mortgage Rate | Trust Advisor Ongoing Fee | Certificate Administrator Fee Rate | ||||||||||||||
1 | St. Johns Town Center | 100,000,000 | 11.4% | 100,000,000 | N | 9/11/2014 | 10/11/2014 | 9/11/2024 | 9/11/2024 | 3.81900% | 0.00000% | 0.00520% | ||||||||||||||||
2 | Colorado Mills | 100,000,000 | 11.4% | 87,088,527 | N | 10/30/2014 | 12/1/2014 | 11/1/2017 | 12/1/2017 | 11/1/2024 | 4.28200% | 0.00270% | 0.00520% | |||||||||||||||
3 | Plaza Vista | 67,600,000 | 7.7% | 67,600,000 | N | 11/3/2014 | 12/11/2014 | 11/11/2024 | 11/11/2024 | 4.29000% | 0.00270% | 0.00520% | ||||||||||||||||
4 | Four Seasons Hotel - Seattle | 42,000,000 | 4.8% | 36,326,505 | N | 10/2/2014 | 11/11/2014 | 4/11/2017 | 5/11/2017 | 10/11/2024 | 4.50000% | 0.00270% | 0.00520% | |||||||||||||||
5 | 529 Bryant Street | 38,600,000 | 4.4% | 35,676,839 | N | 11/6/2014 | 12/11/2014 | 5/11/2020 | 6/11/2020 | 11/11/2024 | 4.47000% | 0.00270% | 0.00520% | |||||||||||||||
6 | Granada Gardens | 34,500,000 | 3.9% | 30,254,676 | N | 10/31/2014 | 12/6/2014 | 11/6/2017 | 12/6/2017 | 11/6/2024 | 4.58000% | 0.00270% | 0.00520% | |||||||||||||||
7 | Tobin Lofts | 34,457,384 | 3.9% | 28,224,995 | N | 10/9/2014 | 12/6/2014 | 12/6/2014 | 11/6/2024 | 4.85000% | 0.00270% | 0.00520% | ||||||||||||||||
8 | Madison Park Office Portfolio | 29,000,000 | 3.3% | 25,443,097 | N | 10/21/2014 | 12/11/2014 | 11/11/2017 | 12/11/2017 | 11/11/2024 | 4.60000% | 0.00270% | 0.00520% | |||||||||||||||
8.01 | National General Buildings | 10,400,000 | 1.2% | |||||||||||||||||||||||||
8.02 | Lowe’s Buildings | 8,800,000 | 1.0% | |||||||||||||||||||||||||
8.03 | BCBS Buildings | 6,400,000 | 0.7% | |||||||||||||||||||||||||
8.04 | 5635 Building | 3,400,000 | 0.4% | |||||||||||||||||||||||||
9 | Brookstone Park Apartments | 24,500,000 | 2.8% | 22,327,437 | N | 11/5/2014 | 1/1/2015 | 12/1/2019 | 1/1/2020 | 12/1/2024 | 4.24000% | 0.00270% | 0.00520% | |||||||||||||||
10 | Clarkwood Greens | 23,600,000 | 2.7% | 20,695,953 | N | 11/5/2014 | 12/6/2014 | 11/6/2017 | 12/6/2017 | 11/6/2024 | 4.58000% | 0.00270% | 0.00520% | |||||||||||||||
11 | DoubleTree - Virginia Beach | 20,000,000 | 2.3% | 17,466,625 | N | 11/5/2014 | 1/1/2015 | 12/1/2017 | 1/1/2018 | 12/1/2024 | 4.40000% | 0.00270% | 0.00520% | |||||||||||||||
12 | All Storage Keller Haslet & Katy | 19,850,000 | 2.3% | 16,063,937 | N | 11/6/2014 | 1/1/2015 | 1/1/2015 | 12/1/2024 | 4.52600% | 0.00270% | 0.00520% | ||||||||||||||||
13 | Twin Falls Portfolio | 18,455,952 | 2.1% | 15,093,944 | N | 9/30/2014 | 11/6/2014 | 11/6/2014 | 10/6/2024 | 4.76600% | 0.00270% | 0.00520% | ||||||||||||||||
13.01 | Holiday Inn Express - Twin Falls | 7,881,190 | 0.9% | |||||||||||||||||||||||||
13.02 | Hampton Inn - Twin Falls | 5,945,809 | 0.7% | |||||||||||||||||||||||||
13.03 | Quality Inn - Twin Falls | 4,628,952 | 0.5% | |||||||||||||||||||||||||
14 | Residences at 865 East | 16,850,000 | 1.9% | 15,358,065 | N | 10/30/2014 | 12/11/2014 | 11/11/2019 | 12/11/2019 | 11/11/2024 | 4.25000% | 0.00270% | 0.00520% | |||||||||||||||
15 | Vista Verde Apartments | 16,650,000 | 1.9% | 15,807,961 | N | 10/29/2014 | 12/11/2014 | 11/11/2018 | 12/11/2018 | 11/11/2021 | 4.28000% | 0.00270% | 0.00520% | |||||||||||||||
16 | Georgia MHC Portfolio | 16,479,050 | 1.9% | 13,431,387 | N | 10/23/2014 | 12/6/2014 | 12/6/2014 | 11/6/2024 | 4.70000% | 0.00270% | 0.00520% | ||||||||||||||||
16.01 | Hunteridge | 10,224,885 | 1.2% | |||||||||||||||||||||||||
16.02 | Riverdale | 5,410,527 | 0.6% | |||||||||||||||||||||||||
16.03 | Jonesboro | 843,637 | 0.1% | |||||||||||||||||||||||||
17 | Sharon Park | 16,475,328 | 1.9% | 14,920,148 | N | 11/6/2014 | 12/6/2014 | 12/6/2014 | 11/6/2019 | 3.79100% | 0.00270% | 0.00520% | ||||||||||||||||
18 | Six Trails Apartments | 13,125,000 | 1.5% | 11,552,169 | N | 11/6/2014 | 1/1/2015 | 12/1/2017 | 1/1/2018 | 12/1/2024 | 4.74000% | 0.00270% | 0.00520% | |||||||||||||||
19 | New York Self Storage Portfolio | 12,483,924 | 1.4% | 10,151,242 | N | 11/3/2014 | 12/6/2014 | 12/6/2014 | 11/6/2024 | 4.63000% | 0.00270% | 0.00520% | ||||||||||||||||
19.01 | Capital Self Storage - Liberty | 5,442,991 | 0.6% | |||||||||||||||||||||||||
19.02 | Capital Self Storage - New Hampton | 4,743,891 | 0.5% | |||||||||||||||||||||||||
19.03 | Rite Self Storage | 2,297,042 | 0.3% | |||||||||||||||||||||||||
20 | Elsinore Courtyard Apartments | 12,200,000 | 1.4% | 11,303,174 | N | 11/5/2014 | 1/1/2015 | 1/1/2015 | 12/1/2019 | 5.31000% | 0.00270% | 0.00520% | ||||||||||||||||
21 | Kensington Commons | 12,000,000 | 1.4% | 11,413,322 | N | 10/24/2014 | 12/6/2014 | 11/6/2016 | 12/6/2016 | 11/6/2019 | 4.48000% | 0.00270% | 0.00520% | |||||||||||||||
22 | Southgate Mall | 11,186,037 | 1.3% | 9,147,671 | N | 10/23/2014 | 12/6/2014 | 12/6/2014 | 11/6/2024 | 4.80000% | 0.00270% | 0.00520% | ||||||||||||||||
23 | The Falls at Tampa Bay | 11,000,000 | 1.3% | 10,422,232 | N | 10/14/2014 | 12/11/2014 | 11/11/2018 | 12/11/2018 | 11/11/2021 | 4.07000% | 0.00270% | 0.00520% | |||||||||||||||
24 | Creekside Village of Fairfield | 9,800,000 | 1.1% | 9,206,162 | N | 10/31/2014 | 12/6/2014 | 11/6/2017 | 12/6/2017 | 11/6/2021 | 5.00000% | 0.00270% | 0.00520% | |||||||||||||||
25 | The Village at Mirror Lake | 9,250,000 | 1.1% | 8,472,285 | N | 10/22/2014 | 12/1/2014 | 11/1/2019 | 12/1/2019 | 11/1/2024 | 4.55000% | 0.00270% | 0.00520% | |||||||||||||||
26 | John Alden Apartments | 9,087,907 | 1.0% | 7,344,697 | N | 11/3/2014 | 12/5/2014 | 12/5/2014 | 11/5/2024 | 4.45000% | 0.00270% | 0.00520% | ||||||||||||||||
27 | Desert Sky Festival | 8,983,388 | 1.0% | 6,570,186 | N | 10/30/2014 | 12/11/2014 | 12/11/2014 | 11/11/2024 | 4.36000% | 0.00270% | 0.00520% | ||||||||||||||||
28 | 276 Post Road West | 8,750,000 | 1.0% | 8,750,000 | N | 11/3/2014 | 12/6/2014 | 11/6/2024 | 11/6/2024 | 4.65000% | 0.00270% | 0.00520% | ||||||||||||||||
29 | AMCP Portfolio | 8,000,000 | 0.9% | 7,308,946 | Y | 11/10/2014 | 1/6/2015 | 11/6/2019 | 12/6/2019 | 11/6/2024 | 11/6/2044 | 4.39400% | 0.00000% | 0.00520% | ||||||||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | 2,832,433 | 0.3% | |||||||||||||||||||||||||
29.02 | North Las Vegas - Foremaster Lane | 1,794,595 | 0.2% | |||||||||||||||||||||||||
29.03 | North Las Vegas - Losee Road | 1,664,865 | 0.2% | |||||||||||||||||||||||||
29.04 | Atlantic City NJ | 1,059,459 | 0.1% | |||||||||||||||||||||||||
29.05 | Norwich CT | 648,648 | 0.1% | |||||||||||||||||||||||||
30 | Abbey Park Apartments | 7,957,705 | 0.9% | 4,856,807 | N | 10/1/2014 | 11/11/2014 | 11/11/2014 | 10/11/2024 | 4.10000% | 0.00270% | 0.00520% | ||||||||||||||||
31 | Hawthorne 40 Shopping Center | 7,715,156 | 0.9% | 6,284,092 | N | 10/30/2014 | 12/6/2014 | 12/6/2014 | 11/6/2024 | 4.68000% | 0.00270% | 0.00520% | ||||||||||||||||
32 | Great Petaluma Mill | 6,841,061 | 0.8% | 5,547,740 | N | 11/6/2014 | 12/11/2014 | 12/11/2014 | 11/11/2024 | 4.55000% | 0.00270% | 0.00520% | ||||||||||||||||
33 | Academy Sports - Anderson, SC | 6,250,000 | 0.7% | 5,346,079 | N | 10/24/2014 | 12/1/2014 | 11/1/2016 | 12/1/2016 | 11/1/2024 | 4.56000% | 0.00270% | 0.00520% | |||||||||||||||
34 | Crossing at Sun Meadow | 5,780,500 | 0.7% | 5,055,499 | N | 10/1/2014 | 11/6/2014 | 9/6/2017 | 10/6/2017 | 10/6/2024 | 4.55000% | 0.00270% | 0.00520% | |||||||||||||||
35 | Chesapeake Pointe Apts | 5,500,000 | 0.6% | 4,815,680 | N | 10/30/2014 | 12/6/2014 | 11/6/2017 | 12/6/2017 | 11/6/2024 | 4.51200% | 0.00270% | 0.00520% | |||||||||||||||
36 | Crossing at Burke Regency | 5,440,000 | 0.6% | 4,757,706 | N | 10/1/2014 | 11/6/2014 | 9/6/2017 | 10/6/2017 | 10/6/2024 | 4.55000% | 0.00270% | 0.00520% | |||||||||||||||
37 | La Quinta Plainfield | 5,293,147 | 0.6% | 4,299,741 | N | 10/30/2014 | 12/1/2014 | 12/1/2014 | 11/1/2024 | 4.60000% | 0.00270% | 0.00520% | ||||||||||||||||
38 | Cornerstone Apartments | 5,000,000 | 0.6% | 4,081,291 | N | 11/4/2014 | 1/1/2015 | 1/1/2015 | 12/1/2024 | 4.78000% | 0.00270% | 0.00520% | ||||||||||||||||
39 | Elsea Mobile Village | 4,993,210 | 0.6% | 4,018,748 | N | 10/30/2014 | 12/11/2014 | 12/11/2014 | 11/11/2024 | 4.33000% | 0.00270% | 0.00520% | ||||||||||||||||
40 | Inn at Queen Anne | 4,544,275 | 0.5% | 3,710,035 | N | 10/31/2014 | 12/5/2014 | 12/5/2014 | 11/5/2024 | 4.75000% | 0.00270% | 0.00520% | ||||||||||||||||
41 | All Storage Old Denton | 4,400,000 | 0.5% | 3,560,772 | N | 11/4/2014 | 1/1/2015 | 1/1/2015 | 12/1/2024 | 4.52600% | 0.00270% | 0.00520% | ||||||||||||||||
42 | Sherman Crossroads | 4,325,000 | 0.5% | 3,795,397 | N | 11/4/2014 | 12/6/2014 | 11/6/2017 | 12/6/2017 | 11/6/2024 | 4.61000% | 0.00270% | 0.00520% | |||||||||||||||
43 | Brunswick Apartments | 4,293,968 | 0.5% | 3,434,238 | N | 10/31/2014 | 12/11/2014 | 12/11/2014 | 11/11/2024 | 4.15000% | 0.00270% | 0.00520% | ||||||||||||||||
44 | Shaw’s Supermarkets Land Lease | 4,257,500 | 0.5% | 3,613,361 | N | 10/30/2014 | 12/11/2014 | 11/11/2016 | 12/11/2016 | 11/11/2024 | 4.27000% | 0.00270% | 0.00520% | |||||||||||||||
45 | Villa Nueva | 4,194,820 | 0.5% | 3,436,998 | N | 11/5/2014 | 12/6/2014 | 12/6/2014 | 11/6/2024 | 4.85800% | 0.00270% | 0.00520% | ||||||||||||||||
46 | Village on Lorna | 4,194,667 | 0.5% | 3,418,898 | N | 10/31/2014 | 12/6/2014 | 12/6/2014 | 11/6/2024 | 4.70000% | 0.00270% | 0.00520% | ||||||||||||||||
47 | Lewisville Shopping Center | 4,169,289 | 0.5% | 3,350,955 | N | 10/24/2014 | 12/11/2014 | 12/11/2014 | 11/11/2024 | 4.29000% | 0.00270% | 0.00520% | ||||||||||||||||
48 | 855 Ridge Lake | 4,150,000 | 0.5% | 3,378,387 | N | 11/4/2014 | 1/1/2015 | 1/1/2015 | 12/1/2024 | 4.70000% | 0.00270% | 0.00520% | ||||||||||||||||
49 | Villages of Capital Pointe | 3,800,000 | 0.4% | 3,300,107 | N | 10/20/2014 | 12/6/2014 | 11/6/2016 | 12/6/2016 | 11/6/2024 | 5.15000% | 0.00270% | 0.00520% | |||||||||||||||
50 | Stones Crossing II & Mooresville II & III | 3,725,000 | 0.4% | 3,316,907 | N | 11/5/2014 | 1/1/2015 | 1/1/2015 | 12/1/2019 | 5.05000% | 0.00270% | 0.00520% | ||||||||||||||||
50.01 | Stones Crossing II | 2,120,000 | 0.2% | |||||||||||||||||||||||||
50.02 | Mooresville II & III | 1,605,000 | 0.2% | |||||||||||||||||||||||||
51 | Cathedral Towne Villas Apartments | 3,675,154 | 0.4% | 2,975,286 | N | 10/24/2014 | 12/5/2014 | 12/5/2014 | 11/5/2024 | 4.50000% | 0.00270% | 0.00520% | ||||||||||||||||
52 | Walgreens - Savannah | 3,600,000 | 0.4% | 3,600,000 | N | 10/29/2014 | 12/11/2014 | 11/11/2024 | 11/11/2024 | 4.50000% | 0.00270% | 0.00520% | ||||||||||||||||
53 | Texas Avenue at Redmond | 3,100,000 | 0.4% | 2,648,932 | N | 11/6/2014 | 1/1/2015 | 12/1/2016 | 1/1/2017 | 12/1/2024 | 4.52000% | 0.00270% | 0.00520% | |||||||||||||||
54 | Crossing at Allen Square | 3,052,000 | 0.3% | 2,669,213 | N | 10/1/2014 | 11/6/2014 | 9/6/2017 | 10/6/2017 | 10/6/2024 | 4.55000% | 0.00270% | 0.00520% | |||||||||||||||
55 | Sunrise Plaza | 2,887,000 | 0.3% | 2,651,812 | N | 10/31/2014 | 12/6/2014 | 11/6/2019 | 12/6/2019 | 11/6/2024 | 4.73000% | 0.00270% | 0.00520% | |||||||||||||||
56 | Shops at Bay City Mall | 2,147,255 | 0.2% | 1,748,380 | N | 10/27/2014 | 12/1/2014 | 12/1/2014 | 11/1/2024 | 4.67000% | 0.00270% | 0.00520% | ||||||||||||||||
57 | College MHC | 2,100,000 | 0.2% | 1,761,703 | N | 10/14/2014 | 12/5/2014 | 11/5/2015 | 12/5/2015 | 11/5/2024 | 4.78000% | 0.00270% | 0.00520% | |||||||||||||||
58 | Maxwell Apartments | 1,997,366 | 0.2% | 1,617,003 | N | 10/31/2014 | 12/5/2014 | 12/5/2014 | 11/5/2024 | 4.50000% | 0.00270% | 0.00520% | ||||||||||||||||
59 | Honeydale MHP | 1,498,241 | 0.2% | 1,238,462 | N | 11/3/2014 | 12/5/2014 | 12/5/2014 | 11/5/2024 | 5.13000% | 0.00270% | 0.00520% |
A-3
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||
Mortgage Loan Number | Property Name | Servicing Fee | CREFC® IP Royalty License Fee Rate | Net Mortgage Rate | Interest Accrual Method | Monthly P&I Payment ($) | Amortization Type | Interest Accrual Method During IO | Original Term to Maturity or ARD (Mos.) | Remaining Term to Maturity or ARD (Mos.) | Original IO Period (Mos.) | |||||||||||
1 | St. Johns Town Center | 0.02000% | 0.00050% | 3.79330% | Actual/360 | 322,670.14 | Interest-only, Balloon | Actual/360 | 120 | 117 | 120 | |||||||||||
2 | Colorado Mills | 0.02000% | 0.00050% | 4.25360% | Actual/360 | 493,815.07 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 36 | |||||||||||
3 | Plaza Vista | 0.04000% | 0.00050% | 4.24160% | Actual/360 | 245,026.53 | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | |||||||||||
4 | Four Seasons Hotel - Seattle | 0.05000% | 0.00050% | 4.44160% | Actual/360 | 212,807.83 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 30 | |||||||||||
5 | 529 Bryant Street | 0.04000% | 0.00050% | 4.42160% | Actual/360 | 194,893.07 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 66 | |||||||||||
6 | Granada Gardens | 0.02000% | 0.00050% | 4.55160% | Actual/360 | 176,450.18 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 36 | |||||||||||
7 | Tobin Lofts | 0.07000% | 0.00050% | 4.77160% | Actual/360 | 182,053.68 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
8 | Madison Park Office Portfolio | 0.03000% | 0.00050% | 4.56160% | Actual/360 | 148,666.87 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 36 | |||||||||||
8.01 | National General Buildings | |||||||||||||||||||||
8.02 | Lowe’s Buildings | |||||||||||||||||||||
8.03 | BCBS Buildings | |||||||||||||||||||||
8.04 | 5635 Building | |||||||||||||||||||||
9 | Brookstone Park Apartments | 0.02000% | 0.00050% | 4.21160% | Actual/360 | 120,381.89 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | |||||||||||
10 | Clarkwood Greens | 0.02000% | 0.00050% | 4.55160% | Actual/360 | 120,702.15 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 36 | |||||||||||
11 | DoubleTree - Virginia Beach | 0.02000% | 0.00050% | 4.37160% | Actual/360 | 100,152.18 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 36 | |||||||||||
12 | All Storage Keller Haslet & Katy | 0.02000% | 0.00050% | 4.49760% | Actual/360 | 100,883.92 | Amortizing Balloon | 120 | 120 | 0 | ||||||||||||
13 | Twin Falls Portfolio | 0.02000% | 0.00050% | 4.73760% | Actual/360 | 96,683.25 | Amortizing Balloon | 120 | 118 | 0 | ||||||||||||
13.01 | Holiday Inn Express - Twin Falls | |||||||||||||||||||||
13.02 | Hampton Inn - Twin Falls | |||||||||||||||||||||
13.03 | Quality Inn - Twin Falls | |||||||||||||||||||||
14 | Residences at 865 East | 0.02000% | 0.00050% | 4.22160% | Actual/360 | 82,891.87 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 60 | |||||||||||
15 | Vista Verde Apartments | 0.02000% | 0.00050% | 4.25160% | Actual/360 | 82,200.68 | Interest-only, Amortizing Balloon | Actual/360 | 84 | 83 | 48 | |||||||||||
16 | Georgia MHC Portfolio | 0.02000% | 0.00050% | 4.67160% | Actual/360 | 85,575.24 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
16.01 | Hunteridge | |||||||||||||||||||||
16.02 | Riverdale | |||||||||||||||||||||
16.03 | Jonesboro | |||||||||||||||||||||
17 | Sharon Park | 0.02000% | 0.00050% | 3.76260% | Actual/360 | 76,798.45 | Amortizing Balloon | 60 | 59 | 0 | ||||||||||||
18 | Six Trails Apartments | 0.02000% | 0.00050% | 4.71160% | Actual/360 | 68,387.12 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 36 | |||||||||||
19 | New York Self Storage Portfolio | 0.02000% | 0.00050% | 4.60160% | Actual/360 | 64,304.85 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
19.01 | Capital Self Storage - Liberty | |||||||||||||||||||||
19.02 | Capital Self Storage - New Hampton | |||||||||||||||||||||
19.03 | Rite Self Storage | |||||||||||||||||||||
20 | Elsinore Courtyard Apartments | 0.02000% | 0.00050% | 5.28160% | Actual/360 | 67,822.95 | Amortizing Balloon | 60 | 60 | 0 | ||||||||||||
21 | Kensington Commons | 0.02000% | 0.00050% | 4.45160% | Actual/360 | 60,659.72 | Interest-only, Amortizing Balloon | Actual/360 | 60 | 59 | 24 | |||||||||||
22 | Southgate Mall | 0.02000% | 0.00050% | 4.77160% | Actual/360 | 58,762.52 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
23 | The Falls at Tampa Bay | 0.02000% | 0.00050% | 4.04160% | Actual/360 | 52,960.57 | Interest-only, Amortizing Balloon | Actual/360 | 84 | 83 | 48 | |||||||||||
24 | Creekside Village of Fairfield | 0.02000% | 0.00050% | 4.97160% | Actual/360 | 52,608.52 | Interest-only, Amortizing Balloon | Actual/360 | 84 | 83 | 36 | |||||||||||
25 | The Village at Mirror Lake | 0.11000% | 0.00050% | 4.43160% | Actual/360 | 47,143.60 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 60 | |||||||||||
26 | John Alden Apartments | 0.02000% | 0.00050% | 4.42160% | Actual/360 | 45,838.41 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
27 | Desert Sky Festival | 0.07000% | 0.00050% | 4.28160% | Actual/360 | 49,312.44 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
28 | 276 Post Road West | 0.02000% | 0.00050% | 4.62160% | Actual/360 | 34,377.17 | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | |||||||||||
29 | AMCP Portfolio | 0.02000% | 0.00050% | 4.36830% | Actual/360 | 40,032.53 | Interest-only, Amortizing ARD | Actual/360 | 119 | 119 | 59 | |||||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | |||||||||||||||||||||
29.02 | North Las Vegas - Foremaster Lane | |||||||||||||||||||||
29.03 | North Las Vegas - Losee Road | |||||||||||||||||||||
29.04 | Atlantic City NJ | |||||||||||||||||||||
29.05 | Norwich CT | |||||||||||||||||||||
30 | Abbey Park Apartments | 0.02000% | 0.00050% | 4.07160% | Actual/360 | 48,901.01 | Amortizing Balloon | 120 | 118 | 0 | ||||||||||||
31 | Hawthorne 40 Shopping Center | 0.02000% | 0.00050% | 4.65160% | Actual/360 | 39,971.96 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
32 | Great Petaluma Mill | 0.02000% | 0.00050% | 4.52160% | Actual/360 | 34,911.75 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
33 | Academy Sports - Anderson, SC | 0.02000% | 0.00050% | 4.53160% | Actual/360 | 31,891.04 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 24 | |||||||||||
34 | Crossing at Sun Meadow | 0.02000% | 0.00050% | 4.52160% | Actual/360 | 29,460.93 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 35 | |||||||||||
35 | Chesapeake Pointe Apts | 0.07000% | 0.00050% | 4.43360% | Actual/360 | 27,906.92 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 36 | |||||||||||
36 | Crossing at Burke Regency | 0.02000% | 0.00050% | 4.52160% | Actual/360 | 27,725.53 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 35 | |||||||||||
37 | La Quinta Plainfield | 0.02000% | 0.00050% | 4.57160% | Actual/360 | 27,170.15 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
38 | Cornerstone Apartments | 0.02000% | 0.00050% | 4.75160% | Actual/360 | 26,172.86 | Amortizing Balloon | 120 | 120 | 0 | ||||||||||||
39 | Elsea Mobile Village | 0.07000% | 0.00050% | 4.25160% | Actual/360 | 24,831.73 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
40 | Inn at Queen Anne | 0.02000% | 0.00050% | 4.72160% | Actual/360 | 23,734.95 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
41 | All Storage Old Denton | 0.02000% | 0.00050% | 4.49760% | Actual/360 | 22,362.18 | Amortizing Balloon | 120 | 120 | 0 | ||||||||||||
42 | Sherman Crossroads | 0.02000% | 0.00050% | 4.58160% | Actual/360 | 22,197.72 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 36 | |||||||||||
43 | Brunswick Apartments | 0.02000% | 0.00050% | 4.12160% | Actual/360 | 20,902.44 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
44 | Shaw’s Supermarkets Land Lease | 0.02000% | 0.00050% | 4.24160% | Actual/360 | 20,994.22 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 24 | |||||||||||
45 | Villa Nueva | 0.02000% | 0.00050% | 4.82960% | Actual/360 | 22,183.43 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
46 | Village on Lorna | 0.02000% | 0.00050% | 4.67160% | Actual/360 | 21,782.79 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
47 | Lewisville Shopping Center | 0.02000% | 0.00050% | 4.26160% | Actual/360 | 20,636.37 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
48 | 855 Ridge Lake | 0.02000% | 0.00050% | 4.67160% | Actual/360 | 21,523.47 | Amortizing Balloon | 120 | 120 | 0 | ||||||||||||
49 | Villages of Capital Pointe | 0.02000% | 0.00050% | 5.12160% | Actual/360 | 20,749.00 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 24 | |||||||||||
50 | Stones Crossing II & Mooresville II & III | 0.02000% | 0.00050% | 5.02160% | Actual/360 | 21,884.63 | Amortizing Balloon | 60 | 60 | 0 | ||||||||||||
50.01 | Stones Crossing II | |||||||||||||||||||||
50.02 | Mooresville II & III | |||||||||||||||||||||
51 | Cathedral Towne Villas Apartments | 0.02000% | 0.00050% | 4.47160% | Actual/360 | 18,646.02 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
52 | Walgreens - Savannah | 0.09000% | 0.00050% | 4.40160% | Actual/360 | 13,687.50 | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | |||||||||||
53 | Texas Avenue at Redmond | 0.02000% | 0.00050% | 4.49160% | Actual/360 | 15,744.11 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 24 | |||||||||||
54 | Crossing at Allen Square | 0.02000% | 0.00050% | 4.52160% | Actual/360 | 15,554.84 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 35 | |||||||||||
55 | Sunrise Plaza | 0.02000% | 0.00050% | 4.70160% | Actual/360 | 15,025.18 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 60 | |||||||||||
56 | Shops at Bay City Mall | 0.02000% | 0.00050% | 4.64160% | Actual/360 | 11,111.98 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
57 | College MHC | 0.02000% | 0.00050% | 4.75160% | Actual/360 | 10,992.60 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 12 | |||||||||||
58 | Maxwell Apartments | 0.02000% | 0.00050% | 4.47160% | Actual/360 | 10,133.71 | Amortizing Balloon | 120 | 119 | 0 | ||||||||||||
59 | Honeydale MHP | 0.02000% | 0.00050% | 5.10160% | Actual/360 | 8,171.92 | Amortizing Balloon | 120 | 119 | 0 |
A-4
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Remaining IO Period (Mos.) | Original Amort Term (Mos.) | Remaining Amort Term (Mos.) | Seasoning (Mos.) | Prepayment Provisions(4) | Grace Period Default (Days) | Grace Period Late (Days) | Appraised Value ($)(5) | Appraisal Date | Coop -Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | |||||||||||||
1 | St. Johns Town Center | 117 | 0 | 0 | 3 | L(27),D(86),O(7) | 0 | 5 | 760,000,000 | 8/21/2014 | ||||||||||||||||
2 | Colorado Mills | 35 | 360 | 360 | 1 | L(25),D(88),O(7) | 5 | 5 | 215,000,000 | 10/1/2014 | ||||||||||||||||
3 | Plaza Vista | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 5 | 104,700,000 | 9/12/2014 | ||||||||||||||||
4 | Four Seasons Hotel - Seattle | 28 | 360 | 360 | 2 | L(26),D(90),O(4) | 0 | 5 | 79,400,000 | 6/25/2014 | ||||||||||||||||
5 | 529 Bryant Street | 65 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 5 | 55,000,000 | 9/26/2014 | ||||||||||||||||
6 | Granada Gardens | 35 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 0 | 47,000,000 | 9/23/2014 | ||||||||||||||||
7 | Tobin Lofts | 0 | 360 | 359 | 1 | L(25),D(92),O(3) | 0 | 0 | 49,600,000 | 9/1/2014 | ||||||||||||||||
8 | Madison Park Office Portfolio | 35 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 5 | 40,000,000 | 9/17/2014 | ||||||||||||||||
8.01 | National General Buildings | 10,460,000 | 9/17/2014 | |||||||||||||||||||||||
8.02 | Lowe’s Buildings | 9,690,000 | 9/17/2014 | |||||||||||||||||||||||
8.03 | BCBS Buildings | 14,680,000 | 9/17/2014 | |||||||||||||||||||||||
8.04 | 5635 Building | 5,170,000 | 9/17/2014 | |||||||||||||||||||||||
9 | Brookstone Park Apartments | 60 | 360 | 360 | 0 | L(24),D(92),O(4) | 5 | 0 | 33,000,000 | 10/9/2014 | ||||||||||||||||
10 | Clarkwood Greens | 35 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 0 | 31,500,000 | 9/22/2014 | ||||||||||||||||
11 | DoubleTree - Virginia Beach | 36 | 360 | 360 | 0 | L(24),D(93),O(3) | 5 | 5 | 33,600,000 | 10/14/2014 | ||||||||||||||||
12 | All Storage Keller Haslet & Katy | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | 28,500,000 | 9/26/2014 | ||||||||||||||||
13 | Twin Falls Portfolio | 0 | 360 | 358 | 2 | L(26),D(90),O(4) | 0 | 0 | 26,700,000 | Various | ||||||||||||||||
13.01 | Holiday Inn Express - Twin Falls | 11,400,000 | 8/12/2014 | |||||||||||||||||||||||
13.02 | Hampton Inn - Twin Falls | 8,600,000 | 8/13/2014 | |||||||||||||||||||||||
13.03 | Quality Inn - Twin Falls | 6,700,000 | 8/13/2014 | |||||||||||||||||||||||
14 | Residences at 865 East | 59 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 5 | 24,000,000 | 9/3/2014 | ||||||||||||||||
15 | Vista Verde Apartments | 47 | 360 | 360 | 1 | L(25),D(55),O(4) | 0 | 5 | 22,400,000 | 9/12/2014 | ||||||||||||||||
16 | Georgia MHC Portfolio | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 26,060,000 | 9/15/2014 | ||||||||||||||||
16.01 | Hunteridge | 16,310,000 | 9/15/2014 | |||||||||||||||||||||||
16.02 | Riverdale | 8,480,000 | 9/15/2014 | |||||||||||||||||||||||
16.03 | Jonesboro | 1,270,000 | 9/15/2014 | |||||||||||||||||||||||
17 | Sharon Park | 0 | 360 | 359 | 1 | L(25),D(32),O(3) | 0 | 0 | 27,500,000 | 8/27/2014 | ||||||||||||||||
18 | Six Trails Apartments | 36 | 360 | 360 | 0 | L(24),D(93),O(3) | 5 | 5 | 17,530,000 | 10/15/2014 | ||||||||||||||||
19 | New York Self Storage Portfolio | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 17,900,000 | 10/22/2014 | ||||||||||||||||
19.01 | Capital Self Storage - Liberty | 7,700,000 | 10/22/2014 | |||||||||||||||||||||||
19.02 | Capital Self Storage - New Hampton | 6,600,000 | 10/22/2014 | |||||||||||||||||||||||
19.03 | Rite Self Storage | 3,600,000 | 10/22/2014 | |||||||||||||||||||||||
20 | Elsinore Courtyard Apartments | 0 | 360 | 360 | 0 | L(24),D(34),O(2) | 5 | 5 | 17,600,000 | 10/17/2014 | ||||||||||||||||
21 | Kensington Commons | 23 | 360 | 360 | 1 | L(25),D(31),O(4) | 0 | 0 | 17,250,000 | 9/26/2014 | ||||||||||||||||
22 | Southgate Mall | 0 | 360 | 359 | 1 | L(24),GRTR 1% or YM(92),O(4) | 0 | 0 | 16,600,000 | 10/10/2014 | ||||||||||||||||
23 | The Falls at Tampa Bay | 47 | 360 | 360 | 1 | L(25),D(55),O(4) | 0 | 5 | 14,500,000 | 9/22/2014 | ||||||||||||||||
24 | Creekside Village of Fairfield | 35 | 360 | 360 | 1 | L(25),D(55),O(4) | 0 | 0 | 13,300,000 | 9/3/2014 | ||||||||||||||||
25 | The Village at Mirror Lake | 59 | 360 | 360 | 1 | L(25),D(91),O(4) | 5 | 5 | 13,000,000 | 7/16/2014 | ||||||||||||||||
26 | John Alden Apartments | 0 | 360 | 359 | 1 | L(25),D(92),O(3) | 0 | 0 | 15,630,000 | 8/25/2014 | ||||||||||||||||
27 | Desert Sky Festival | 0 | 300 | 299 | 1 | L(25),D(91),O(4) | 0 | 5 | 11,950,000 | 2/1/2015 | ||||||||||||||||
28 | 276 Post Road West | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 12,900,000 | 9/19/2014 | ||||||||||||||||
29 | AMCP Portfolio | 59 | 360 | 360 | 0 | L(24),GRTR 1% or YM(88),O(7) | 0 | 0 | 34,000,000 | 10/10/2014 | ||||||||||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | 9,900,000 | 10/10/2014 | |||||||||||||||||||||||
29.02 | North Las Vegas - Foremaster Lane | 8,300,000 | 10/10/2014 | |||||||||||||||||||||||
29.03 | North Las Vegas - Losee Road | 8,300,000 | 10/10/2014 | |||||||||||||||||||||||
29.04 | Atlantic City NJ | 5,600,000 | 10/10/2014 | |||||||||||||||||||||||
29.05 | Norwich CT | 1,900,000 | 10/10/2014 | |||||||||||||||||||||||
30 | Abbey Park Apartments | 0 | 240 | 238 | 2 | L(26),D(90),O(4) | 0 | 5 | 27,500,000 | 8/8/2014 | ||||||||||||||||
31 | Hawthorne 40 Shopping Center | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 10,300,000 | 8/22/2014 | ||||||||||||||||
32 | Great Petaluma Mill | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 5 | 9,600,000 | 9/23/2014 | ||||||||||||||||
33 | Academy Sports - Anderson, SC | 23 | 360 | 360 | 1 | L(25),D(91),O(4) | 5 | 5 | 10,450,000 | 9/23/2014 | ||||||||||||||||
34 | Crossing at Sun Meadow | 33 | 360 | 360 | 2 | L(26),D(91),O(3) | 0 | 0 | 8,200,000 | 8/25/2014 | ||||||||||||||||
35 | Chesapeake Pointe Apts | 35 | 360 | 360 | 1 | L(25),D(94),O(1) | 0 | 0 | 7,500,000 | 8/22/2014 | ||||||||||||||||
36 | Crossing at Burke Regency | 33 | 360 | 360 | 2 | L(26),D(91),O(3) | 0 | 0 | 7,720,000 | 8/25/2014 | ||||||||||||||||
37 | La Quinta Plainfield | 0 | 360 | 359 | 1 | L(25),D(93),O(2) | 5 | 5 | 8,500,000 | 10/1/2014 | ||||||||||||||||
38 | Cornerstone Apartments | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | 8,200,000 | 8/18/2014 | ||||||||||||||||
39 | Elsea Mobile Village | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 5 | 8,350,000 | 8/28/2014 | ||||||||||||||||
40 | Inn at Queen Anne | 0 | 360 | 359 | 1 | L(25),D(92),O(3) | 0 | 0 | 9,300,000 | 9/9/2014 | ||||||||||||||||
41 | All Storage Old Denton | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | 6,350,000 | 9/26/2014 | ||||||||||||||||
42 | Sherman Crossroads | 35 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 0 | 6,195,000 | 8/26/2014 | ||||||||||||||||
43 | Brunswick Apartments | 0 | 360 | 359 | 1 | L(25),GRTR 1% or YM(91),O(4) | 0 | 5 | 9,650,000 | 9/10/2014 | ||||||||||||||||
44 | Shaw’s Supermarkets Land Lease | 23 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 5 | 6,600,000 | 9/19/2014 | ||||||||||||||||
45 | Villa Nueva | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 5,580,000 | 10/1/2014 | ||||||||||||||||
46 | Village on Lorna | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 9,000,000 | 9/12/2014 | ||||||||||||||||
47 | Lewisville Shopping Center | 0 | 360 | 359 | 1 | L(25),D(88),O(7) | 0 | 5 | 6,600,000 | 9/24/2014 | ||||||||||||||||
48 | 855 Ridge Lake | 0 | 360 | 360 | 0 | L(24),D(93),O(3) | 0 | 0 | 6,000,000 | 10/1/2014 | ||||||||||||||||
49 | Villages of Capital Pointe | 23 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 0 | 5,850,000 | 8/25/2014 | ||||||||||||||||
50 | Stones Crossing II & Mooresville II & III | 0 | 300 | 300 | 0 | L(24),D(33),O(3) | 0 | 0 | 5,300,000 | 10/3/2014 | ||||||||||||||||
50.01 | Stones Crossing II | 2,900,000 | 10/3/2014 | |||||||||||||||||||||||
50.02 | Mooresville II & III | 2,400,000 | 10/3/2014 | |||||||||||||||||||||||
51 | Cathedral Towne Villas Apartments | 0 | 360 | 359 | 1 | L(25),D(92),O(3) | 0 | 0 | 5,590,000 | 7/31/2014 | ||||||||||||||||
52 | Walgreens - Savannah | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 5 | 6,900,000 | 9/10/2014 | ||||||||||||||||
53 | Texas Avenue at Redmond | 24 | 360 | 360 | 0 | L(24),D(95),O(1) | 5 | 5 | 4,150,000 | 10/15/2014 | ||||||||||||||||
54 | Crossing at Allen Square | 33 | 360 | 360 | 2 | L(26),D(91),O(3) | 0 | 0 | 4,330,000 | 8/25/2014 | ||||||||||||||||
55 | Sunrise Plaza | 59 | 360 | 360 | 1 | L(24),GRTR 1% or YM(83),O(13) | 0 | 10 | 3,850,000 | 9/18/2014 | ||||||||||||||||
56 | Shops at Bay City Mall | 0 | 360 | 359 | 1 | L(25),D(92),O(3) | 5 | 5 | 3,300,000 | 9/10/2014 | ||||||||||||||||
57 | College MHC | 11 | 360 | 360 | 1 | L(25),D(92),O(3) | 0 | 0 | 3,500,000 | 9/12/2014 | ||||||||||||||||
58 | Maxwell Apartments | 0 | 360 | 359 | 1 | L(25),D(92),O(3) | 0 | 0 | 3,470,000 | 9/15/2014 | ||||||||||||||||
59 | Honeydale MHP | 0 | 360 | 359 | 1 | L(25),GRTR 1% or YM(91),O(4) | 0 | 0 | 2,400,000 | 9/17/2014 |
A-5
WFRBS Commercial Mortgage Trust 2014-C25 | |||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||||||||||||||
Mortgage Loan Number | Property Name | Coop - Sponsor Units | Coop - Investor Units | Coop - Coop Units | Coop - Sponsor/ Investor Carry | Coop - Committed Secondary Debt | U/W NOI DSCR (x)(3) | U/W NCF DSCR (x)(3) | Cut-off Date LTV Ratio(3) | LTV Ratio at Maturity or ARD(3) | Cut-off Date U/W NOI Debt Yield(3) | Cut-off Date U/W NCF Debt Yield(3) | |||||||||||
1 | St. Johns Town Center | 3.97 | 3.81 | 26.8% | 26.8% | 15.4% | 14.8% | ||||||||||||||||
2 | Colorado Mills | 2.03 | 1.91 | 63.3% | 55.1% | 12.0% | 11.3% | ||||||||||||||||
3 | Plaza Vista | 2.28 | 2.10 | 64.6% | 64.6% | 9.9% | 9.1% | ||||||||||||||||
4 | Four Seasons Hotel - Seattle | 2.48 | 1.88 | 52.9% | 45.8% | 15.1% | 11.5% | ||||||||||||||||
5 | 529 Bryant Street | 1.38 | 1.33 | 70.2% | 64.9% | 8.3% | 8.1% | ||||||||||||||||
6 | Granada Gardens | 1.61 | 1.50 | 73.4% | 64.4% | 9.9% | 9.2% | ||||||||||||||||
7 | Tobin Lofts | 1.40 | 1.37 | 69.5% | 56.9% | 8.9% | 8.7% | ||||||||||||||||
8 | Madison Park Office Portfolio | 1.63 | 1.31 | 72.5% | 63.6% | 10.0% | 8.1% | ||||||||||||||||
8.01 | National General Buildings | ||||||||||||||||||||||
8.02 | Lowe’s Buildings | ||||||||||||||||||||||
8.03 | BCBS Buildings | ||||||||||||||||||||||
8.04 | 5635 Building | ||||||||||||||||||||||
9 | Brookstone Park Apartments | 1.38 | 1.35 | 74.2% | 67.7% | 8.1% | 7.9% | ||||||||||||||||
10 | Clarkwood Greens | 1.54 | 1.45 | 74.9% | 65.7% | 9.5% | 8.9% | ||||||||||||||||
11 | DoubleTree - Virginia Beach | 1.97 | 1.70 | 59.5% | 52.0% | 11.9% | 10.2% | ||||||||||||||||
12 | All Storage Keller Haslet & Katy | 1.66 | 1.62 | 69.6% | 56.4% | 10.1% | 9.9% | ||||||||||||||||
13 | Twin Falls Portfolio | 1.89 | 1.68 | 69.1% | 56.5% | 11.9% | 10.6% | ||||||||||||||||
13.01 | Holiday Inn Express - Twin Falls | ||||||||||||||||||||||
13.02 | Hampton Inn - Twin Falls | ||||||||||||||||||||||
13.03 | Quality Inn - Twin Falls | ||||||||||||||||||||||
14 | Residences at 865 East | 1.40 | 1.35 | 70.2% | 64.0% | 8.3% | 8.0% | ||||||||||||||||
15 | Vista Verde Apartments | 1.31 | 1.26 | 74.3% | 70.6% | 7.8% | 7.5% | ||||||||||||||||
16 | Georgia MHC Portfolio | 2.25 | 2.05 | 63.2% | 51.5% | 14.0% | 12.8% | ||||||||||||||||
16.01 | Hunteridge | ||||||||||||||||||||||
16.02 | Riverdale | ||||||||||||||||||||||
16.03 | Jonesboro | ||||||||||||||||||||||
17 | Sharon Park | 2.19 | 1.98 | 59.9% | 54.3% | 12.2% | 11.1% | ||||||||||||||||
18 | Six Trails Apartments | 1.43 | 1.32 | 74.9% | 65.9% | 8.9% | 8.3% | ||||||||||||||||
19 | New York Self Storage Portfolio | 1.68 | 1.64 | 69.7% | 56.7% | 10.4% | 10.2% | ||||||||||||||||
19.01 | Capital Self Storage - Liberty | ||||||||||||||||||||||
19.02 | Capital Self Storage - New Hampton | ||||||||||||||||||||||
19.03 | Rite Self Storage | ||||||||||||||||||||||
20 | Elsinore Courtyard Apartments | 1.30 | 1.24 | 69.3% | 64.2% | 8.7% | 8.3% | ||||||||||||||||
21 | Kensington Commons | 1.52 | 1.43 | 69.6% | 66.2% | 9.2% | 8.7% | ||||||||||||||||
22 | Southgate Mall | 1.78 | 1.62 | 67.4% | 55.1% | 11.2% | 10.2% | ||||||||||||||||
23 | The Falls at Tampa Bay | 1.54 | 1.44 | 75.9% | 71.9% | 8.9% | 8.3% | ||||||||||||||||
24 | Creekside Village of Fairfield | 1.62 | 1.62 | 73.7% | 69.2% | 10.5% | 10.5% | ||||||||||||||||
25 | The Village at Mirror Lake | 1.46 | 1.32 | 71.2% | 65.2% | 8.9% | 8.0% | ||||||||||||||||
26 | John Alden Apartments | 1.35 | 1.31 | 58.1% | 47.0% | 8.2% | 7.9% | ||||||||||||||||
27 | Desert Sky Festival | 1.40 | 1.26 | 75.2% | 55.0% | 9.2% | 8.3% | ||||||||||||||||
28 | 276 Post Road West | 1.85 | 1.70 | 67.8% | 67.8% | 8.7% | 8.0% | ||||||||||||||||
29 | AMCP Portfolio | 1.75 | 1.63 | 70.7% | 64.6% | 10.5% | 9.8% | ||||||||||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | ||||||||||||||||||||||
29.02 | North Las Vegas - Foremaster Lane | ||||||||||||||||||||||
29.03 | North Las Vegas - Losee Road | ||||||||||||||||||||||
29.04 | Atlantic City NJ | ||||||||||||||||||||||
29.05 | Norwich CT | ||||||||||||||||||||||
30 | Abbey Park Apartments | 3.49 | 3.41 | 28.9% | 17.7% | 25.7% | 25.1% | ||||||||||||||||
31 | Hawthorne 40 Shopping Center | 1.81 | 1.53 | 74.9% | 61.0% | 11.3% | 9.5% | ||||||||||||||||
32 | Great Petaluma Mill | 1.53 | 1.39 | 71.3% | 57.8% | 9.4% | 8.5% | ||||||||||||||||
33 | Academy Sports - Anderson, SC | 1.69 | 1.55 | 59.8% | 51.2% | 10.3% | 9.5% | ||||||||||||||||
34 | Crossing at Sun Meadow | 1.65 | 1.52 | 70.5% | 61.7% | 10.1% | 9.3% | ||||||||||||||||
35 | Chesapeake Pointe Apts | 1.65 | 1.44 | 73.3% | 64.2% | 10.0% | 8.8% | ||||||||||||||||
36 | Crossing at Burke Regency | 1.80 | 1.63 | 70.5% | 61.6% | 11.0% | 9.9% | ||||||||||||||||
37 | La Quinta Plainfield | 1.93 | 1.71 | 62.3% | 50.6% | 11.9% | 10.5% | ||||||||||||||||
38 | Cornerstone Apartments | 1.96 | 1.84 | 61.0% | 49.8% | 12.3% | 11.6% | ||||||||||||||||
39 | Elsea Mobile Village | 1.80 | 1.75 | 59.8% | 48.1% | 10.7% | 10.4% | ||||||||||||||||
40 | Inn at Queen Anne | 2.38 | 2.11 | 48.9% | 39.9% | 14.9% | 13.2% | ||||||||||||||||
41 | All Storage Old Denton | 1.59 | 1.54 | 69.3% | 56.1% | 9.7% | 9.4% | ||||||||||||||||
42 | Sherman Crossroads | 1.68 | 1.51 | 69.8% | 61.3% | 10.3% | 9.3% | ||||||||||||||||
43 | Brunswick Apartments | 3.58 | 3.29 | 44.5% | 35.6% | 20.9% | 19.2% | ||||||||||||||||
44 | Shaw’s Supermarkets Land Lease | 1.56 | 1.53 | 64.5% | 54.7% | 9.2% | 9.1% | ||||||||||||||||
45 | Villa Nueva | 1.52 | 1.37 | 75.2% | 61.6% | 9.7% | 8.7% | ||||||||||||||||
46 | Village on Lorna | 2.80 | 2.48 | 46.6% | 38.0% | 17.4% | 15.4% | ||||||||||||||||
47 | Lewisville Shopping Center | 1.77 | 1.64 | 63.2% | 50.8% | 10.5% | 9.7% | ||||||||||||||||
48 | 855 Ridge Lake | 2.16 | 1.60 | 69.2% | 56.3% | 13.5% | 10.0% | ||||||||||||||||
49 | Villages of Capital Pointe | 1.48 | 1.43 | 65.0% | 56.4% | 9.7% | 9.4% | ||||||||||||||||
50 | Stones Crossing II & Mooresville II & III | 1.55 | 1.43 | 70.3% | 62.6% | 10.9% | 10.1% | ||||||||||||||||
50.01 | Stones Crossing II | ||||||||||||||||||||||
50.02 | Mooresville II & III | ||||||||||||||||||||||
51 | Cathedral Towne Villas Apartments | 1.42 | 1.33 | 65.7% | 53.2% | 8.6% | 8.1% | ||||||||||||||||
52 | Walgreens - Savannah | 2.25 | 2.24 | 52.2% | 52.2% | 10.3% | 10.2% | ||||||||||||||||
53 | Texas Avenue at Redmond | 1.41 | 1.35 | 74.7% | 63.8% | 8.6% | 8.2% | ||||||||||||||||
54 | Crossing at Allen Square | 1.83 | 1.64 | 70.5% | 61.6% | 11.2% | 10.0% | ||||||||||||||||
55 | Sunrise Plaza | 1.59 | 1.48 | 75.0% | 68.9% | 9.9% | 9.3% | ||||||||||||||||
56 | Shops at Bay City Mall | 1.85 | 1.68 | 65.1% | 53.0% | 11.5% | 10.5% | ||||||||||||||||
57 | College MHC | 2.24 | 2.19 | 60.0% | 50.3% | 14.1% | 13.8% | ||||||||||||||||
58 | Maxwell Apartments | 1.38 | 1.32 | 57.6% | 46.6% | 8.4% | 8.1% | ||||||||||||||||
59 | Honeydale MHP | 1.47 | 1.38 | 62.4% | 51.6% | 9.6% | 9.1% |
A-6
WFRBS Commercial Mortgage Trust 2014-C25 | |||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||||||||||||||||
Mortgage Loan Number | Property Name | U/W Revenues ($)(6) | U/W Expenses ($) | U/W Net Operating Income ($) | U/W Replacement ($) | U/W TI/LC ($) | U/W Net Cash Flow ($) | Occupancy Rate(6) | Occupancy as-of Date | U/W Hotel ADR | U/W Hotel RevPAR | Most Recent Period | |||||||||||||
1 | St. Johns Town Center | 42,131,307 | 10,850,053 | 31,281,254 | 117,739 | 1,108,917 | 30,054,599 | 99.3% | 10/10/2014 | TTM 9/30/2014 | |||||||||||||||
2 | Colorado Mills | 28,139,377 | 11,755,768 | 16,383,609 | 229,612 | 744,367 | 15,409,630 | 93.8% | 10/1/2014 | TTM 9/30/2014 | |||||||||||||||
3 | Plaza Vista | 8,700,730 | 1,984,957 | 6,715,773 | 50,744 | 487,744 | 6,177,285 | 98.6% | 10/30/2014 | Annualized 8 8/31/2014 | |||||||||||||||
4 | Four Seasons Hotel - Seattle | 30,485,999 | 24,147,466 | 6,338,534 | 0 | 0 | 4,809,809 | 84.3% | 8/31/2014 | 392 | 330 | TTM 8/31/2014 | |||||||||||||
5 | 529 Bryant Street | 3,973,846 | 757,449 | 3,216,397 | 9,064 | 99,152 | 3,108,181 | 100.0% | 12/1/2014 | TTM 6/30/2014 | |||||||||||||||
6 | Granada Gardens | 7,568,519 | 4,160,739 | 3,407,780 | 235,000 | 0 | 3,172,780 | 91.9% | 10/7/2014 | TTM 09/30/2014 | |||||||||||||||
7 | Tobin Lofts | 4,501,564 | 1,451,218 | 3,050,346 | 67,896 | 0 | 2,982,450 | 99.8% | 8/28/2014 | Annualized 11 7/31/2014 | |||||||||||||||
8 | Madison Park Office Portfolio | 3,892,215 | 988,347 | 2,903,868 | 120,709 | 443,530 | 2,339,629 | 90.6% | 7/31/2014 | TTM 7/31/2014 | |||||||||||||||
8.01 | National General Buildings | 1,276,528 | 251,188 | 1,025,340 | 29,012 | 106,601 | 889,727 | 100.0% | 7/31/2014 | NAV | |||||||||||||||
8.02 | Lowe’s Buildings | 1,087,434 | 336,338 | 751,096 | 42,453 | 155,987 | 552,656 | 100.0% | 7/31/2014 | NAV | |||||||||||||||
8.03 | BCBS Buildings | 1,481,829 | 321,010 | 1,160,819 | 37,944 | 139,419 | 983,457 | 100.0% | 7/31/2014 | NAV | |||||||||||||||
8.04 | 5635 Building | 46,423 | 79,810 | -33,387 | 11,301 | 41,523 | -86,211 | 0.0% | 7/31/2014 | NAV | |||||||||||||||
9 | Brookstone Park Apartments | 2,994,671 | 1,001,653 | 1,993,018 | 48,000 | 0 | 1,945,018 | 94.6% | 10/20/2014 | TTM 9/30/2014 | |||||||||||||||
10 | Clarkwood Greens | 4,870,459 | 2,633,309 | 2,237,150 | 142,000 | 0 | 2,095,150 | 93.1% | 10/7/2014 | TTM 09/30/2014 | |||||||||||||||
11 | DoubleTree - Virginia Beach | 8,230,169 | 5,858,148 | 2,372,021 | 0 | 0 | 2,042,814 | 53.2% | 9/30/2014 | 114 | 61 | TTM 9/30/2014 | |||||||||||||
12 | All Storage Keller Haslet & Katy | 2,829,665 | 818,400 | 2,011,265 | 45,449 | 0 | 1,965,816 | 89.6% | 8/31/2014 | TTM 8/31/2014 | |||||||||||||||
13 | Twin Falls Portfolio | 6,163,210 | 3,968,739 | 2,194,471 | 0 | 0 | 1,947,942 | 63.9% | 7/31/2014 | 94 | 60 | TTM 7/31/2014 | |||||||||||||
13.01 | Holiday Inn Express - Twin Falls | 2,380,170 | 1,484,473 | 895,697 | 0 | 0 | 800,490 | 69.2% | 7/31/2014 | 103 | 71 | TTM 7/31/2014 | |||||||||||||
13.02 | Hampton Inn - Twin Falls | 1,952,792 | 1,253,130 | 699,662 | 0 | 0 | 621,550 | 68.1% | 7/31/2014 | 104 | 71 | TTM 7/31/2014 | |||||||||||||
13.03 | Quality Inn - Twin Falls | 1,830,247 | 1,231,134 | 599,113 | 0 | 0 | 525,903 | 56.7% | 7/31/2014 | 78 | 44 | TTM 7/31/2014 | |||||||||||||
14 | Residences at 865 East | 2,044,859 | 654,026 | 1,390,834 | 42,191 | 5,455 | 1,343,188 | 99.3% | 9/12/2014 | TTM 8/31/2014 | |||||||||||||||
15 | Vista Verde Apartments | 2,357,576 | 1,064,209 | 1,293,366 | 50,000 | 0 | 1,243,366 | 97.5% | 10/3/2014 | TTM 8/31/2014 | |||||||||||||||
16 | Georgia MHC Portfolio | 5,717,675 | 3,409,761 | 2,307,913 | 203,700 | 0 | 2,104,213 | 56.9% | 09/16/2014 | TTM 08/31/2014 | |||||||||||||||
16.01 | Hunteridge | 3,633,529 | 2,032,971 | 1,600,559 | 171,170 | 0 | 1,429,389 | 56.7% | 09/16/2014 | TTM 08/31/2014 | |||||||||||||||
16.02 | Riverdale | 1,798,262 | 1,213,697 | 584,564 | 26,455 | 0 | 558,109 | 56.1% | 09/16/2014 | TTM 08/31/2014 | |||||||||||||||
16.03 | Jonesboro | 285,883 | 163,093 | 122,790 | 6,075 | 0 | 116,715 | 65.3% | 09/16/2014 | TTM 08/31/2014 | |||||||||||||||
17 | Sharon Park | 4,661,119 | 2,646,828 | 2,014,290 | 190,800 | 0 | 1,823,490 | 96.7% | 10/14/2014 | TTM 9/30/2014 | |||||||||||||||
18 | Six Trails Apartments | 2,355,065 | 1,180,947 | 1,174,118 | 88,200 | 0 | 1,085,918 | 91.8% | 10/21/2014 | TTM 9/30/2014 | |||||||||||||||
19 | New York Self Storage Portfolio | 2,004,485 | 708,241 | 1,296,245 | 28,295 | 0 | 1,267,950 | 77.4% | 8/6/2014 | TTM 09/30/2014 | |||||||||||||||
19.01 | Capital Self Storage - Liberty | 817,168 | 273,208 | 543,960 | 10,418 | 0 | 533,543 | 86.9% | 8/6/2014 | TTM 09/30/2014 | |||||||||||||||
19.02 | Capital Self Storage - New Hampton | 793,371 | 282,444 | 510,927 | 11,452 | 0 | 499,475 | 74.6% | 8/6/2014 | TTM 09/30/2014 | |||||||||||||||
19.03 | Rite Self Storage | 393,947 | 152,590 | 241,357 | 6,426 | 0 | 234,932 | 67.1% | 8/6/2014 | TTM 09/30/2014 | |||||||||||||||
20 | Elsinore Courtyard Apartments | 1,721,628 | 665,072 | 1,056,557 | 45,600 | 0 | 1,010,957 | 96.1% | 9/30/2014 | TTM 9/30/2014 | |||||||||||||||
21 | Kensington Commons | 2,224,387 | 1,116,850 | 1,107,537 | 66,000 | 0 | 1,041,537 | 92.4% | 10/22/2014 | TTM 08/31/2014 | |||||||||||||||
22 | Southgate Mall | 1,528,674 | 275,720 | 1,252,954 | 23,920 | 87,178 | 1,141,855 | 91.1% | 10/9/2014 | TTM 08/31/2014 | |||||||||||||||
23 | The Falls at Tampa Bay | 1,992,951 | 1,017,090 | 975,861 | 60,000 | 0 | 915,861 | 90.9% | 10/1/2014 | TTM 8/31/2014 | |||||||||||||||
24 | Creekside Village of Fairfield | 1,790,383 | 764,879 | 1,025,504 | 0 | 0 | 1,025,504 | 90.8% | 10/8/2014 | TTM 09/30/2014 | |||||||||||||||
25 | The Village at Mirror Lake | 1,093,947 | 266,777 | 827,170 | 19,806 | 63,008 | 744,355 | 98.2% | 10/20/2014 | TTM 8/31/2014 | |||||||||||||||
26 | John Alden Apartments | 1,096,688 | 353,761 | 742,928 | 24,000 | 0 | 718,928 | 100.0% | 9/30/2014 | TTM 9/30/2014 | |||||||||||||||
27 | Desert Sky Festival | 2,076,920 | 1,249,112 | 827,807 | 25,988 | 53,257 | 748,562 | 94.8% | 10/31/2014 | TTM 7/31/2014 | |||||||||||||||
28 | 276 Post Road West | 1,115,253 | 352,081 | 763,172 | 8,218 | 53,075 | 701,879 | 100.0% | 9/22/2014 | TTM 08/31/2014 | |||||||||||||||
29 | AMCP Portfolio | 2,599,343 | 77,980 | 2,521,362 | 66,294 | 98,535 | 2,356,534 | 100.0% | 10/28/2014 | NAV | |||||||||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | 872,347 | 26,170 | 846,177 | 22,515 | 33,188 | 790,474 | 100.0% | 10/28/2014 | NAV | |||||||||||||||
29.02 | North Las Vegas - Foremaster Lane | 561,361 | 16,841 | 544,520 | 14,484 | 21,350 | 508,686 | 100.0% | 10/28/2014 | NAV | |||||||||||||||
29.03 | North Las Vegas - Losee Road | 564,076 | 16,922 | 547,154 | 14,559 | 21,460 | 511,135 | 100.0% | 10/28/2014 | NAV | |||||||||||||||
29.04 | Atlantic City NJ | 454,582 | 13,637 | 440,945 | 9,383 | 16,285 | 415,277 | 100.0% | 10/28/2014 | NAV | |||||||||||||||
29.05 | Norwich CT | 146,976 | 4,409 | 142,567 | 5,353 | 6,253 | 130,961 | 100.0% | 10/28/2014 | NAV | |||||||||||||||
30 | Abbey Park Apartments | 4,040,386 | 1,991,441 | 2,048,945 | 50,400 | 0 | 1,998,545 | 100.0% | 7/31/2014 | TTM 7/31/2014 | |||||||||||||||
31 | Hawthorne 40 Shopping Center | 1,410,231 | 540,524 | 869,706 | 32,677 | 102,116 | 734,913 | 98.5% | 10/8/2014 | TTM 09/30/2014 | |||||||||||||||
32 | Great Petaluma Mill | 1,061,407 | 418,846 | 642,561 | 13,325 | 47,368 | 581,869 | 94.0% | 10/28/2014 | TTM 9/30/2014 | |||||||||||||||
33 | Academy Sports - Anderson, SC | 892,837 | 246,201 | 646,636 | 15,332 | 38,512 | 592,792 | 93.7% | 12/1/2014 | NAV | |||||||||||||||
34 | Crossing at Sun Meadow | 1,466,599 | 882,686 | 583,913 | 45,000 | 0 | 538,913 | 96.1% | 8/18/2014 | TTM 7/31/2014 | |||||||||||||||
35 | Chesapeake Pointe Apts | 1,350,257 | 798,387 | 551,870 | 68,600 | 0 | 483,270 | 100.0% | 7/14/2014 | TTM 9/30/2014 | |||||||||||||||
36 | Crossing at Burke Regency | 1,443,802 | 844,165 | 599,637 | 58,520 | 0 | 541,117 | 95.8% | 8/18/2014 | TTM 7/31/2014 | |||||||||||||||
37 | La Quinta Plainfield | 1,761,651 | 1,133,674 | 627,977 | 0 | 0 | 557,511 | 74.3% | 7/31/2014 | 67 | 50 | TTM 7/31/2014 | |||||||||||||
38 | Cornerstone Apartments | 1,129,403 | 515,002 | 614,401 | 36,000 | 0 | 578,401 | 97.5% | 10/21/2014 | TTM 9/30/2014 | |||||||||||||||
39 | Elsea Mobile Village | 936,813 | 401,004 | 535,809 | 15,550 | 0 | 520,259 | 96.1% | 9/1/2014 | TTM 7/31/2014 | |||||||||||||||
40 | Inn at Queen Anne | 1,919,323 | 1,241,199 | 678,124 | 0 | 0 | 601,351 | 74.1% | 8/31/2014 | 97 | 71 | TTM 8/31/2014 | |||||||||||||
41 | All Storage Old Denton | 704,683 | 277,690 | 426,993 | 13,947 | 0 | 413,046 | 93.3% | 9/24/2014 | TTM 8/31/2014 | |||||||||||||||
42 | Sherman Crossroads | 663,172 | 215,947 | 447,225 | 7,417 | 37,086 | 402,723 | 100.0% | 8/25/2014 | TTM 7/31/2014 | |||||||||||||||
43 | Brunswick Apartments | 1,560,721 | 663,410 | 897,312 | 71,278 | 0 | 826,034 | 100.0% | 8/1/2014 | TTM 9/30/2014 | |||||||||||||||
44 | Shaw’s Supermarkets Land Lease | 838,231 | 444,730 | 393,501 | 7,000 | 0 | 386,501 | 100.0% | 12/1/2014 | Annualized 7 7/31/2014 | |||||||||||||||
45 | Villa Nueva | 1,026,894 | 621,902 | 404,992 | 40,000 | 0 | 364,992 | 90.0% | 9/23/2014 | TTM 08/31/2014 | |||||||||||||||
46 | Village on Lorna | 1,119,393 | 387,874 | 731,519 | 22,639 | 61,789 | 647,091 | 86.3% | 10/27/2014 | TTM 09/30/2014 | |||||||||||||||
47 | Lewisville Shopping Center | 569,330 | 130,501 | 438,829 | 6,559 | 26,250 | 406,020 | 100.0% | 9/1/2014 | TTM 6/30/2014 | |||||||||||||||
48 | 855 Ridge Lake | 1,210,392 | 651,779 | 558,613 | 15,816 | 129,729 | 413,069 | 90.1% | 11/30/2014 | TTM 8/31/2014 | |||||||||||||||
49 | Villages of Capital Pointe | 601,404 | 232,339 | 369,065 | 13,680 | 0 | 355,385 | 100.0% | 9/30/2014 | Annualized 8/31/2014 | |||||||||||||||
50 | Stones Crossing II & Mooresville II & III | 567,904 | 160,797 | 407,107 | 6,938 | 25,764 | 374,405 | 95.1% | 9/25/2014 | TTM 9/30/2014 | |||||||||||||||
50.01 | Stones Crossing II | NAV | NAV | NAV | NAV | NAV | NAV | 95.7% | 9/25/2014 | NAV | |||||||||||||||
50.02 | Mooresville II & III | NAV | NAV | NAV | NAV | NAV | NAV | 94.3% | 9/25/2014 | NAV | |||||||||||||||
51 | Cathedral Towne Villas Apartments | 591,889 | 275,057 | 316,833 | 18,300 | 0 | 298,533 | 98.4% | 9/30/2014 | TTM 7/31/2014 | |||||||||||||||
52 | Walgreens - Savannah | 375,215 | 5,932 | 369,283 | 1,238 | 0 | 368,046 | 100.0% | 12/1/2014 | NAV | |||||||||||||||
53 | Texas Avenue at Redmond | 322,333 | 56,149 | 266,184 | 1,296 | 10,282 | 254,606 | 100.0% | 10/1/2014 | Annualized 11 9/30/2014 | |||||||||||||||
54 | Crossing at Allen Square | 898,679 | 556,974 | 341,705 | 35,964 | 0 | 305,741 | 96.4% | 9/11/2014 | TTM 7/31/2014 | |||||||||||||||
55 | Sunrise Plaza | 468,878 | 182,811 | 286,067 | 1,991 | 16,586 | 267,490 | 100.0% | 10/28/2014 | Annualized 9 09/30/2014 | |||||||||||||||
56 | Shops at Bay City Mall | 405,879 | 158,557 | 247,321 | 5,067 | 17,712 | 224,542 | 78.6% | 9/9/2014 | TTM 8/31/2014 | |||||||||||||||
57 | College MHC | 591,436 | 295,789 | 295,646 | 6,600 | 0 | 289,046 | 84.8% | 8/31/2014 | TTM 8/31/2014 | |||||||||||||||
58 | Maxwell Apartments | 257,303 | 89,942 | 167,361 | 6,300 | 0 | 161,061 | 100.0% | 8/1/2014 | TTM 9/30/2014 | |||||||||||||||
59 | Honeydale MHP | 430,711 | 286,341 | 144,370 | 8,700 | 0 | 135,670 | 59.3% | 10/1/2014 | TTM 9/30/2014 |
A-7
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||
Mortgage Loan Number | Property Name | Most Recent Revenues ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent Capital Expenditures ($) | Most Recent NCF ($) | Most Recent Hotel ADR | Most Recent Hotel RevPAR | Second Most Recent Period | Second Most Recent Revenues ($) | Second Most Recent Expenses ($) | |||||||||||
1 | St. Johns Town Center | 41,008,617 | 12,670,567 | 28,338,050 | 0 | 28,338,050 | Actual 2013 | 37,866,366 | 10,412,694 | |||||||||||||
2 | Colorado Mills | 27,930,819 | 11,620,460 | 16,310,359 | 0 | 16,310,359 | Actual 2013 | 26,521,923 | 11,463,887 | |||||||||||||
3 | Plaza Vista | 8,732,297 | 1,618,451 | 7,113,846 | 0 | 7,113,846 | NAV | NAV | NAV | |||||||||||||
4 | Four Seasons Hotel - Seattle | 30,485,999 | 24,186,083 | 6,299,917 | 0 | 6,299,917 | 392 | 330 | Actual 2013 | 28,202,892 | 22,638,966 | |||||||||||
5 | 529 Bryant Street | 3,762,119 | 781,971 | 2,980,148 | 0 | 2,980,148 | Actual 2013 | 3,745,937 | 769,586 | |||||||||||||
6 | Granada Gardens | 7,468,707 | 4,257,287 | 3,211,421 | 0 | 3,211,421 | Actual 2013 | 7,536,556 | 5,187,068 | |||||||||||||
7 | Tobin Lofts | 2,569,927 | 1,276,400 | 1,293,527 | 12,875 | 1,280,652 | NAV | NAV | NAV | |||||||||||||
8 | Madison Park Office Portfolio | 2,280,024 | 927,470 | 1,352,554 | 0 | 1,352,554 | Actual 2013 | 1,893,586 | 877,537 | |||||||||||||
8.01 | National General Buildings | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |||||||||||||
8.02 | Lowe’s Buildings | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |||||||||||||
8.03 | BCBS Buildings | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |||||||||||||
8.04 | 5635 Building | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |||||||||||||
9 | Brookstone Park Apartments | 1,971,695 | 826,430 | 1,145,265 | 0 | 1,145,265 | Actual 2013 | 1,476,357 | 574,403 | |||||||||||||
10 | Clarkwood Greens | 4,920,392 | 2,783,020 | 2,137,372 | 0 | 2,137,372 | Actual 2013 | 4,812,767 | 3,039,553 | |||||||||||||
11 | DoubleTree - Virginia Beach | 8,230,169 | 5,832,579 | 2,397,590 | 329,207 | 2,068,383 | 114 | 61 | Actual 2013 | 7,264,845 | 5,640,529 | |||||||||||
12 | All Storage Keller Haslet & Katy | 2,792,367 | 718,636 | 2,073,731 | 0 | 2,073,731 | Actual 2013 | 2,748,339 | 837,823 | |||||||||||||
13 | Twin Falls Portfolio | 6,163,050 | 3,899,214 | 2,263,836 | 246,522 | 2,017,314 | 94 | 60 | Actual 2013 | 5,876,782 | 3,728,775 | |||||||||||
13.01 | Holiday Inn Express - Twin Falls | 2,380,049 | 1,453,103 | 926,946 | 95,202 | 831,744 | 103 | 71 | Actual 2013 | 2,381,296 | 1,454,535 | |||||||||||
13.02 | Hampton Inn - Twin Falls | 1,952,830 | 1,233,719 | 719,111 | 78,113 | 640,998 | 104 | 71 | Actual 2013 | 1,758,045 | 1,170,190 | |||||||||||
13.03 | Quality Inn - Twin Falls | 1,830,171 | 1,212,392 | 617,779 | 73,207 | 544,572 | 78 | 44 | Actual 2013 | 1,737,441 | 1,104,050 | |||||||||||
14 | Residences at 865 East | 2,076,681 | 707,491 | 1,369,190 | 0 | 1,369,190 | Actual 2013 | 2,074,856 | 662,089 | |||||||||||||
15 | Vista Verde Apartments | 2,297,349 | 1,159,167 | 1,138,182 | 0 | 1,138,182 | Actual 2013 | 2,285,245 | 1,114,101 | |||||||||||||
16 | Georgia MHC Portfolio | 5,737,701 | 3,226,293 | 2,511,408 | 0 | 2,511,408 | Annualized 8 12/31/2013 | 5,776,595 | 3,195,285 | |||||||||||||
16.01 | Hunteridge | 3,649,021 | 1,961,000 | 1,688,021 | 0 | 1,688,021 | Annualized 8 12/31/2013 | 3,660,573 | 1,959,152 | |||||||||||||
16.02 | Riverdale | 1,795,185 | 1,117,922 | 677,263 | 0 | 677,263 | Annualized 8 12/31/2013 | 1,811,752 | 1,104,506 | |||||||||||||
16.03 | Jonesboro | 293,494 | 147,370 | 146,124 | 0 | 146,124 | Annualized 8 12/31/2013 | 304,271 | 131,626 | |||||||||||||
17 | Sharon Park | 4,613,197 | 2,623,805 | 1,989,392 | 0 | 1,989,392 | Actual 2013 | 4,306,516 | 2,494,967 | |||||||||||||
18 | Six Trails Apartments | 2,402,341 | 1,162,011 | 1,240,330 | 0 | 1,240,330 | Actual 2013 | 2,487,156 | 1,263,875 | |||||||||||||
19 | New York Self Storage Portfolio | 2,019,468 | 559,776 | 1,459,692 | 0 | 1,459,692 | Actual 2013 | 1,839,579 | 536,466 | |||||||||||||
19.01 | Capital Self Storage - Liberty | 832,152 | 197,443 | 634,709 | 0 | 634,709 | Actual 2013 | 787,392 | 195,333 | |||||||||||||
19.02 | Capital Self Storage - New Hampton | 793,371 | 230,794 | 562,576 | 0 | 562,576 | Actual 2013 | 682,323 | 218,092 | |||||||||||||
19.03 | Rite Self Storage | 393,946 | 131,539 | 262,407 | 0 | 262,407 | Annualized 5 12/31/2013 | 369,864 | 123,042 | |||||||||||||
20 | Elsinore Courtyard Apartments | 1,686,660 | 643,168 | 1,043,492 | 0 | 1,043,492 | Actual 2013 | 1,495,618 | 614,662 | |||||||||||||
21 | Kensington Commons | 2,233,400 | 1,097,631 | 1,135,769 | 0 | 1,135,769 | Actual 2013 | 2,161,983 | 1,080,808 | |||||||||||||
22 | Southgate Mall | 961,811 | 240,429 | 721,382 | 0 | 721,382 | Actual 2013 | 953,526 | 226,827 | |||||||||||||
23 | The Falls at Tampa Bay | 1,891,388 | 889,437 | 1,001,951 | 0 | 1,001,951 | Actual 2013 | 1,663,381 | 847,068 | |||||||||||||
24 | Creekside Village of Fairfield | 1,397,340 | 546,333 | 851,007 | 0 | 851,007 | Actual 2013 | 577,565 | 453,948 | |||||||||||||
25 | The Village at Mirror Lake | 1,158,191 | 278,885 | 879,305 | 0 | 879,305 | Actual 2013 | 942,717 | 249,671 | |||||||||||||
26 | John Alden Apartments | 1,090,654 | 328,944 | 761,711 | 0 | 761,711 | Actual 2013 | 1,065,060 | 304,769 | |||||||||||||
27 | Desert Sky Festival | 1,922,657 | 1,192,627 | 730,030 | 0 | 730,030 | Actual 2013 | 1,814,871 | 1,209,990 | |||||||||||||
28 | 276 Post Road West | 1,093,372 | 364,805 | 728,567 | 0 | 728,567 | Actual 2013 | 1,253,981 | 361,557 | |||||||||||||
29 | AMCP Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |||||||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |||||||||||||
29.02 | North Las Vegas - Foremaster Lane | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |||||||||||||
29.03 | North Las Vegas - Losee Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |||||||||||||
29.04 | Atlantic City NJ | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |||||||||||||
29.05 | Norwich CT | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |||||||||||||
30 | Abbey Park Apartments | 4,162,676 | 1,930,840 | 2,231,835 | 0 | 2,231,835 | Actual 2013 | 4,101,659 | 1,915,192 | |||||||||||||
31 | Hawthorne 40 Shopping Center | 1,416,824 | 506,471 | 910,353 | 0 | 910,353 | Actual 2013 | 1,371,080 | 485,414 | |||||||||||||
32 | Great Petaluma Mill | 1,037,887 | 401,020 | 636,867 | 0 | 636,867 | Actual 2013 | 1,055,071 | 392,899 | |||||||||||||
33 | Academy Sports - Anderson, SC | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |||||||||||||
34 | Crossing at Sun Meadow | 1,484,008 | 827,464 | 656,544 | 0 | 656,544 | Actual 2013 | 1,411,889 | 885,168 | |||||||||||||
35 | Chesapeake Pointe Apts | 1,381,572 | 784,977 | 596,595 | 0 | 596,595 | Actual 2013 | 1,363,732 | 737,040 | |||||||||||||
36 | Crossing at Burke Regency | 1,403,087 | 843,294 | 559,793 | 0 | 559,793 | Actual 2013 | 1,417,663 | 805,036 | |||||||||||||
37 | La Quinta Plainfield | 1,761,651 | 1,051,291 | 710,360 | 0 | 710,360 | 67 | 50 | Actual 2013 | 1,553,782 | 1,084,501 | |||||||||||
38 | Cornerstone Apartments | 1,129,403 | 426,286 | 703,117 | 0 | 703,117 | Actual 2013 | 1,071,344 | 403,755 | |||||||||||||
39 | Elsea Mobile Village | 937,731 | 321,752 | 615,979 | 0 | 615,979 | Actual 2013 | 940,994 | 313,549 | |||||||||||||
40 | Inn at Queen Anne | 1,962,420 | 1,044,042 | 918,379 | 0 | 918,379 | 97 | 73 | Actual 2013 | 1,682,216 | 971,654 | |||||||||||
41 | All Storage Old Denton | 682,081 | 286,765 | 395,316 | 0 | 395,316 | Actual 2013 | 613,661 | 282,197 | |||||||||||||
42 | Sherman Crossroads | 643,821 | 210,553 | 433,268 | 0 | 433,268 | Actual 2013 | 580,619 | 192,779 | |||||||||||||
43 | Brunswick Apartments | 1,581,254 | 682,431 | 898,823 | 0 | 898,823 | Actual 2013 | 1,548,783 | 677,145 | |||||||||||||
44 | Shaw’s Supermarkets Land Lease | 393,250 | 23,026 | 370,224 | 0 | 370,224 | Actual 2013 | 360,479 | 22,009 | |||||||||||||
45 | Villa Nueva | 926,469 | 491,876 | 434,593 | 0 | 434,593 | Actual 2013 | 936,669 | 419,697 | |||||||||||||
46 | Village on Lorna | 872,907 | 283,568 | 589,339 | 0 | 589,339 | Actual 2013 | 708,520 | 283,098 | |||||||||||||
47 | Lewisville Shopping Center | 375,657 | 137,539 | 238,118 | 0 | 238,118 | Actual 2013 | 328,438 | 123,967 | |||||||||||||
48 | 855 Ridge Lake | 1,216,585 | 587,860 | 628,725 | 0 | 628,725 | Actual 2013 | 1,217,054 | 625,405 | |||||||||||||
49 | Villages of Capital Pointe | 574,675 | 160,789 | 413,886 | 0 | 413,886 | Actual 2013 | 633,900 | 165,264 | |||||||||||||
50 | Stones Crossing II & Mooresville II & III | 585,049 | 142,013 | 443,036 | 27,093 | 415,943 | Actual 2013 | 584,388 | 142,084 | |||||||||||||
50.01 | Stones Crossing II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |||||||||||||
50.02 | Mooresville II & III | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |||||||||||||
51 | Cathedral Towne Villas Apartments | 600,527 | 269,029 | 331,499 | 0 | 331,499 | Actual 2013 | 585,698 | 263,910 | |||||||||||||
52 | Walgreens - Savannah | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |||||||||||||
53 | Texas Avenue at Redmond | 227,079 | 53,386 | 173,694 | 0 | 173,694 | NAP | NAP | NAP | |||||||||||||
54 | Crossing at Allen Square | 873,342 | 518,885 | 354,457 | 0 | 354,457 | Actual 2013 | 876,923 | 494,690 | |||||||||||||
55 | Sunrise Plaza | 447,326 | 152,861 | 294,465 | 0 | 294,465 | Actual 2013 | 408,607 | 125,413 | |||||||||||||
56 | Shops at Bay City Mall | 386,733 | 170,352 | 216,381 | 0 | 216,381 | Actual 2013 | 347,328 | 146,036 | |||||||||||||
57 | College MHC | 584,035 | 256,672 | 327,363 | 0 | 327,363 | Actual 2013 | 551,241 | 234,693 | |||||||||||||
58 | Maxwell Apartments | 257,303 | 89,942 | 167,361 | 0 | 167,361 | Actual 2013 | 234,509 | 86,484 | |||||||||||||
59 | Honeydale MHP | 430,711 | 253,887 | 176,824 | 0 | 176,824 | Actual 2013 | 412,458 | 217,263 |
A-8
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Second Most Recent NOI ($) | Second Most Recent Capital Expenditures ($) | Second Most Recent NCF ($) | Second Most Recent Hotel ADR | Second Most Recent Hotel RevPAR | Third Most Recent Period | Third Most Recent Revenues ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent Capital Expenditures ($) | Third Most Recent NCF ($) | ||||||||||||
1 | St. Johns Town Center | 27,453,672 | 0 | 27,453,672 | Actual 2012 | 37,181,035 | 10,179,128 | 27,001,907 | 0 | 27,001,907 | ||||||||||||||
2 | Colorado Mills | 15,058,036 | 0 | 15,058,036 | Actual 2012 | 26,471,521 | 11,455,580 | 15,015,941 | 0 | 15,015,941 | ||||||||||||||
3 | Plaza Vista | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
4 | Four Seasons Hotel - Seattle | 5,563,926 | 0 | 5,563,926 | 366 | 301 | Actual 2012 | 25,135,650 | 21,277,385 | 3,858,265 | 0 | 3,858,265 | ||||||||||||
5 | 529 Bryant Street | 2,976,351 | 0 | 2,976,351 | Actual 2012 | 3,672,198 | 704,896 | 2,967,302 | 0 | 2,967,302 | ||||||||||||||
6 | Granada Gardens | 2,349,488 | 0 | 2,349,488 | Actual 2012 | 7,153,502 | 4,938,589 | 2,214,913 | 0 | 2,214,913 | ||||||||||||||
7 | Tobin Lofts | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
8 | Madison Park Office Portfolio | 1,016,049 | 0 | 1,016,049 | Actual 2012 | 1,830,317 | 859,495 | 970,822 | 0 | 970,822 | ||||||||||||||
8.01 | National General Buildings | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
8.02 | Lowe’s Buildings | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
8.03 | BCBS Buildings | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
8.04 | 5635 Building | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
9 | Brookstone Park Apartments | 901,954 | 0 | 901,954 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
10 | Clarkwood Greens | 1,773,214 | 0 | 1,773,214 | Actual 2012 | 4,507,380 | 2,981,395 | 1,525,985 | 0 | 1,525,985 | ||||||||||||||
11 | DoubleTree - Virginia Beach | 1,624,316 | 0 | 1,624,316 | 109 | 65 | Actual 2012 | 8,819,003 | 6,067,028 | 2,751,975 | 342,743 | 2,409,232 | ||||||||||||
12 | All Storage Keller Haslet & Katy | 1,910,516 | 0 | 1,910,516 | Actual 2012 | 2,521,245 | 831,459 | 1,689,786 | 0 | 1,689,786 | ||||||||||||||
13 | Twin Falls Portfolio | 2,148,007 | 235,072 | 1,912,935 | 92 | 57 | Actual 2012 | 5,628,659 | 3,550,113 | 2,078,546 | 168,860 | 1,909,686 | ||||||||||||
13.01 | Holiday Inn Express - Twin Falls | 926,761 | 95,252 | 831,509 | 100 | 71 | Actual 2012 | 2,241,789 | 1,391,273 | 850,516 | 67,254 | 783,262 | ||||||||||||
13.02 | Hampton Inn - Twin Falls | 587,855 | 70,322 | 517,533 | 100 | 64 | Actual 2012 | 1,688,390 | 1,068,497 | 619,893 | 50,652 | 569,241 | ||||||||||||
13.03 | Quality Inn - Twin Falls | 633,391 | 69,498 | 563,893 | 76 | 42 | Actual 2012 | 1,698,480 | 1,090,343 | 608,137 | 50,954 | 557,183 | ||||||||||||
14 | Residences at 865 East | 1,412,767 | 0 | 1,412,767 | Actual 2012 | 1,924,650 | 686,809 | 1,237,840 | 0 | 1,237,840 | ||||||||||||||
15 | Vista Verde Apartments | 1,171,144 | 0 | 1,171,144 | Actual 2012 | 2,127,605 | 1,173,672 | 953,933 | 0 | 953,933 | ||||||||||||||
16 | Georgia MHC Portfolio | 2,581,310 | 0 | 2,581,310 | Actual 2012 | 5,865,337 | 3,363,772 | 2,501,565 | 0 | 2,501,565 | ||||||||||||||
16.01 | Hunteridge | 1,701,420 | 0 | 1,701,420 | Actual 2012 | 3,763,191 | 2,077,635 | 1,685,556 | 0 | 1,685,556 | ||||||||||||||
16.02 | Riverdale | 707,246 | 0 | 707,246 | Actual 2012 | 1,829,060 | 1,149,438 | 679,623 | 0 | 679,623 | ||||||||||||||
16.03 | Jonesboro | 172,645 | 0 | 172,645 | Actual 2012 | 273,086 | 136,699 | 136,387 | 0 | 136,387 | ||||||||||||||
17 | Sharon Park | 1,811,549 | 0 | 1,811,549 | Actual 2012 | 3,930,627 | 2,748,035 | 1,182,592 | 0 | 1,182,592 | ||||||||||||||
18 | Six Trails Apartments | 1,223,281 | 0 | 1,223,281 | Actual 2012 | 2,365,916 | 1,258,294 | 1,107,622 | 0 | 1,107,622 | ||||||||||||||
19 | New York Self Storage Portfolio | 1,303,113 | 0 | 1,303,113 | Actual 2012 | 1,392,250 | 380,087 | 1,012,164 | 0 | 1,012,164 | ||||||||||||||
19.01 | Capital Self Storage - Liberty | 592,060 | 0 | 592,060 | Actual 2012 | 731,395 | 179,667 | 551,728 | 0 | 551,728 | ||||||||||||||
19.02 | Capital Self Storage - New Hampton | 464,231 | 0 | 464,231 | Actual 2012 | 660,855 | 200,420 | 460,435 | 0 | 460,435 | ||||||||||||||
19.03 | Rite Self Storage | 246,823 | 0 | 246,823 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
20 | Elsinore Courtyard Apartments | 880,956 | 0 | 880,956 | NAV | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
21 | Kensington Commons | 1,081,175 | 0 | 1,081,175 | Actual 2012 | 2,101,192 | 1,037,239 | 1,063,953 | 0 | 1,063,953 | ||||||||||||||
22 | Southgate Mall | 726,699 | 0 | 726,699 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
23 | The Falls at Tampa Bay | 816,313 | 0 | 816,313 | Actual 2012 | 1,559,955 | 825,774 | 734,181 | 0 | 734,181 | ||||||||||||||
24 | Creekside Village of Fairfield | 123,617 | 0 | 123,617 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
25 | The Village at Mirror Lake | 693,046 | 0 | 693,046 | Actual 2012 | 1,058,747 | 260,145 | 798,602 | 0 | 798,602 | ||||||||||||||
26 | John Alden Apartments | 760,291 | 0 | 760,291 | Actual 2012 | 981,333 | 300,670 | 680,663 | 0 | 680,663 | ||||||||||||||
27 | Desert Sky Festival | 604,881 | 0 | 604,881 | Actual 2012 | 1,717,946 | 1,211,832 | 506,113 | 0 | 506,113 | ||||||||||||||
28 | 276 Post Road West | 892,424 | 0 | 892,424 | Actual 2012 | 1,098,055 | 333,803 | 764,252 | 0 | 764,252 | ||||||||||||||
29 | AMCP Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
29.02 | North Las Vegas - Foremaster Lane | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
29.03 | North Las Vegas - Losee Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
29.04 | Atlantic City NJ | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
29.05 | Norwich CT | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
30 | Abbey Park Apartments | 2,186,468 | 0 | 2,186,468 | Actual 2012 | 4,025,521 | 1,858,856 | 2,166,665 | 0 | 2,166,665 | ||||||||||||||
31 | Hawthorne 40 Shopping Center | 885,666 | 0 | 885,666 | Actual 2012 | 1,037,592 | 520,913 | 516,679 | 0 | 516,679 | ||||||||||||||
32 | Great Petaluma Mill | 662,172 | 0 | 662,172 | Actual 2012 | 1,042,065 | 400,528 | 641,537 | 0 | 641,537 | ||||||||||||||
33 | Academy Sports - Anderson, SC | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
34 | Crossing at Sun Meadow | 526,721 | 0 | 526,721 | Actual 2012 | 1,222,615 | 769,277 | 453,338 | 0 | 453,338 | ||||||||||||||
35 | Chesapeake Pointe Apts | 626,692 | 50,000 | 576,692 | Actual 2012 | 1,315,680 | 765,031 | 550,649 | 50,000 | 500,649 | ||||||||||||||
36 | Crossing at Burke Regency | 612,627 | 0 | 612,627 | Actual 2012 | 1,301,079 | 717,493 | 583,586 | 0 | 583,586 | ||||||||||||||
37 | La Quinta Plainfield | 469,281 | 0 | 469,281 | 64 | 40 | Actual 2012 | 1,431,608 | 972,219 | 459,389 | 0 | 459,389 | ||||||||||||
38 | Cornerstone Apartments | 667,589 | 0 | 667,589 | Actual 2012 | 918,405 | 368,654 | 549,751 | 0 | 549,751 | ||||||||||||||
39 | Elsea Mobile Village | 627,445 | 0 | 627,445 | Actual 2012 | 955,260 | 309,341 | 645,918 | 0 | 645,918 | ||||||||||||||
40 | Inn at Queen Anne | 710,563 | 0 | 710,563 | 87 | 62 | Actual 2012 | 1,508,102 | 942,553 | 565,549 | 0 | 565,549 | ||||||||||||
41 | All Storage Old Denton | 331,464 | 0 | 331,464 | Actual 2012 | 509,860 | 286,017 | 223,843 | 0 | 223,843 | ||||||||||||||
42 | Sherman Crossroads | 387,840 | 0 | 387,840 | Actual 2012 | 271,677 | 122,116 | 149,561 | 0 | 149,561 | ||||||||||||||
43 | Brunswick Apartments | 871,638 | 0 | 871,638 | Actual 2012 | 1,519,959 | 644,374 | 875,584 | 0 | 875,584 | ||||||||||||||
44 | Shaw’s Supermarkets Land Lease | 338,470 | 0 | 338,470 | Actual 2012 | 390,271 | 23,592 | 366,679 | 0 | 366,679 | ||||||||||||||
45 | Villa Nueva | 516,972 | 0 | 516,972 | Actual 2012 | 935,212 | 446,014 | 489,198 | 0 | 489,198 | ||||||||||||||
46 | Village on Lorna | 425,421 | 0 | 425,421 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
47 | Lewisville Shopping Center | 204,471 | 0 | 204,471 | Actual 2012 | 290,566 | 99,490 | 191,077 | 0 | 191,077 | ||||||||||||||
48 | 855 Ridge Lake | 591,649 | 0 | 591,649 | Actual 2012 | 1,117,111 | 615,822 | 501,289 | 0 | 501,289 | ||||||||||||||
49 | Villages of Capital Pointe | 468,636 | 0 | 468,636 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
50 | Stones Crossing II & Mooresville II & III | 442,304 | 0 | 442,304 | Actual 2012 | 586,773 | 109,557 | 477,216 | 0 | 477,216 | ||||||||||||||
50.01 | Stones Crossing II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
50.02 | Mooresville II & III | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
51 | Cathedral Towne Villas Apartments | 321,788 | 0 | 321,788 | Actual 2012 | 571,011 | 245,893 | 325,118 | 0 | 325,118 | ||||||||||||||
52 | Walgreens - Savannah | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||
53 | Texas Avenue at Redmond | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
54 | Crossing at Allen Square | 382,233 | 0 | 382,233 | Actual 2012 | 784,690 | 479,174 | 305,516 | 0 | 305,516 | ||||||||||||||
55 | Sunrise Plaza | 283,193 | 0 | 283,193 | Actual 2012 | 237,356 | 143,074 | 94,282 | 0 | 94,282 | ||||||||||||||
56 | Shops at Bay City Mall | 201,292 | 0 | 201,292 | Actual 2012 | 406,209 | 140,825 | 265,384 | 0 | 265,384 | ||||||||||||||
57 | College MHC | 316,548 | 0 | 316,548 | Actual 2012 | 592,455 | 282,593 | 309,862 | 0 | 309,862 | ||||||||||||||
58 | Maxwell Apartments | 148,024 | 0 | 148,024 | Actual 2012 | 228,147 | 87,924 | 140,223 | 0 | 140,223 | ||||||||||||||
59 | Honeydale MHP | 195,196 | 0 | 195,196 | Actual 2012 | 398,265 | 216,305 | 181,960 | 0 | 181,960 |
A-9
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||
Mortgage Loan Number | Property Name | Third Most Recent Hotel ADR | Third Most Recent Hotel RevPAR | Master Lease (Y/N) | Largest Tenant Name(7)(8) | Largest Tenant Sq. Ft.(7) | Largest Tenant % of NRA | Largest Tenant Exp. Date | ||||||||
1 | St. Johns Town Center | N | Nordstrom | 124,587 | 12.7% | 2/28/2030 | ||||||||||
2 | Colorado Mills | N | United Artists Theatre | 82,451 | 9.0% | 12/17/2017 | ||||||||||
3 | Plaza Vista | N | Polsinelli PC | 234,876 | 92.6% | 10/31/2033 | ||||||||||
4 | Four Seasons Hotel - Seattle | 343 | 265 | N | ||||||||||||
5 | 529 Bryant Street | N | Switch and Data CA Nine, LLC | 45,319 | 100.0% | 5/3/2025 | ||||||||||
6 | Granada Gardens | N | ||||||||||||||
7 | Tobin Lofts | N | ||||||||||||||
8 | Madison Park Office Portfolio | N | Various | Various | Various | Various | ||||||||||
8.01 | National General Buildings | N | National General Insurance (f/k/a GMAC) | 116,048 | 100.0% | 9/30/2024 | ||||||||||
8.02 | Lowe’s Buildings | N | Lowe’s | 169,810 | 100.0% | 12/31/2025 | ||||||||||
8.03 | BCBS Buildings | N | Blue Cross Blue Shield NC | 136,733 | 90.1% | 12/31/2018 | ||||||||||
8.04 | 5635 Building | N | ||||||||||||||
9 | Brookstone Park Apartments | N | ||||||||||||||
10 | Clarkwood Greens | N | ||||||||||||||
11 | DoubleTree - Virginia Beach | 100 | 65 | N | ||||||||||||
12 | All Storage Keller Haslet & Katy | N | ||||||||||||||
13 | Twin Falls Portfolio | 83 | 55 | N | ||||||||||||
13.01 | Holiday Inn Express - Twin Falls | 96 | 67 | N | ||||||||||||
13.02 | Hampton Inn - Twin Falls | 92 | 61 | N | ||||||||||||
13.03 | Quality Inn - Twin Falls | 66 | 41 | N | ||||||||||||
14 | Residences at 865 East | N | ||||||||||||||
15 | Vista Verde Apartments | N | ||||||||||||||
16 | Georgia MHC Portfolio | N | ||||||||||||||
16.01 | Hunteridge | N | ||||||||||||||
16.02 | Riverdale | N | ||||||||||||||
16.03 | Jonesboro | N | ||||||||||||||
17 | Sharon Park | N | ||||||||||||||
18 | Six Trails Apartments | N | ||||||||||||||
19 | New York Self Storage Portfolio | N | ||||||||||||||
19.01 | Capital Self Storage - Liberty | N | ||||||||||||||
19.02 | Capital Self Storage - New Hampton | N | ||||||||||||||
19.03 | Rite Self Storage | N | ||||||||||||||
20 | Elsinore Courtyard Apartments | N | ||||||||||||||
21 | Kensington Commons | N | ||||||||||||||
22 | Southgate Mall | N | Burlington Coat Factory | 80,311 | 50.4% | 1/31/2019 | ||||||||||
23 | The Falls at Tampa Bay | N | ||||||||||||||
24 | Creekside Village of Fairfield | N | ||||||||||||||
25 | The Village at Mirror Lake | N | Publix | 38,997 | 51.2% | 3/31/2024 | ||||||||||
26 | John Alden Apartments | N | ||||||||||||||
27 | Desert Sky Festival | N | Jeg-Fit 75th & Thomas, LLC | 34,162 | 26.3% | 2/29/2024 | ||||||||||
28 | 276 Post Road West | N | India Asset Management | 17,000 | 51.7% | 7/31/2019 | ||||||||||
29 | AMCP Portfolio | N | ACLS New England, LLC; Atlantic City Linen Supply, LLC; Brady Linen Services, LLC | 441,959 | 100.0% | 9/30/2034 | ||||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | N | ACLS New England, LLC; Atlantic City Linen Supply, LLC; Brady Linen Services, LLC | 150,101 | 100.0% | 9/30/2034 | ||||||||||
29.02 | North Las Vegas - Foremaster Lane | N | ACLS New England, LLC; Atlantic City Linen Supply, LLC; Brady Linen Services, LLC | 96,561 | 100.0% | 9/30/2034 | ||||||||||
29.03 | North Las Vegas - Losee Road | N | ACLS New England, LLC; Atlantic City Linen Supply, LLC; Brady Linen Services, LLC | 97,058 | 100.0% | 9/30/2034 | ||||||||||
29.04 | Atlantic City NJ | N | ACLS New England, LLC; Atlantic City Linen Supply, LLC; Brady Linen Services, LLC | 62,550 | 100.0% | 9/30/2034 | ||||||||||
29.05 | Norwich CT | N | ACLS New England, LLC; Atlantic City Linen Supply, LLC; Brady Linen Services, LLC | 35,689 | 100.0% | 9/30/2034 | ||||||||||
30 | Abbey Park Apartments | N | ||||||||||||||
31 | Hawthorne 40 Shopping Center | N | Old Time Pottery, Inc. | 93,605 | 44.7% | 12/31/2023 | ||||||||||
32 | Great Petaluma Mill | N | 24 Hours Fitness, Inc. | 23,000 | 50.1% | 6/30/2018 | ||||||||||
33 | Academy Sports - Anderson, SC | N | Academy, Ltd. | 71,823 | 93.7% | 4/30/2028 | ||||||||||
34 | Crossing at Sun Meadow | N | ||||||||||||||
35 | Chesapeake Pointe Apts | N | ||||||||||||||
36 | Crossing at Burke Regency | N | ||||||||||||||
37 | La Quinta Plainfield | 72 | 40 | N | ||||||||||||
38 | Cornerstone Apartments | N | ||||||||||||||
39 | Elsea Mobile Village | N | ||||||||||||||
40 | Inn at Queen Anne | 76 | 55 | N | ||||||||||||
41 | All Storage Old Denton | N | ||||||||||||||
42 | Sherman Crossroads | N | King Buffett | 9,241 | 24.9% | 9/30/2022 | ||||||||||
43 | Brunswick Apartments | N | ||||||||||||||
44 | Shaw’s Supermarkets Land Lease | N | Shaw’s Supermarkets Inc. | 70,000 | 100.0% | 2/28/2027 | ||||||||||
45 | Villa Nueva | N | ||||||||||||||
46 | Village on Lorna | N | Essex Bargain Hunt | 51,945 | 36.7% | 9/6/2018 | ||||||||||
47 | Lewisville Shopping Center | N | Tuesday Morning | 15,480 | 47.2% | 7/31/2024 | ||||||||||
48 | 855 Ridge Lake | N | ServiceMaster Consumer Services Company, LP | 32,180 | 40.6% | 12/31/2019 | ||||||||||
49 | Villages of Capital Pointe | N | ||||||||||||||
50 | Stones Crossing II & Mooresville II & III | N | Various | Various | Various | Various | ||||||||||
50.01 | Stones Crossing II | N | Dollar Tree | 9,100 | 43.8% | 8/31/2016 | ||||||||||
50.02 | Mooresville II & III | N | Route 67 Bar | 4,800 | 30.5% | 6/30/2017 | ||||||||||
51 | Cathedral Towne Villas Apartments | N | ||||||||||||||
52 | Walgreens - Savannah | N | Walgreens | 12,375 | 100.0% | 4/30/2089 | ||||||||||
53 | Texas Avenue at Redmond | N | Aspen Dental | 3,200 | 37.0% | 10/31/2023 | ||||||||||
54 | Crossing at Allen Square | N | ||||||||||||||
55 | Sunrise Plaza | N | Titlemax | 4,000 | 30.1% | 12/31/2017 | ||||||||||
56 | Shops at Bay City Mall | N | Dollar Tree | 12,028 | 35.6% | 3/31/2024 | ||||||||||
57 | College MHC | N | ||||||||||||||
58 | Maxwell Apartments | N | ||||||||||||||
59 | Honeydale MHP | N |
A-10
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||
Mortgage Loan Number | Property Name | 2nd Largest Tenant Name(6)(8) | 2nd Largest Tenant Sq. Ft. | 2nd Largest Tenant % of NRA | 2nd Largest Tenant Exp. Date | 3rd Largest Tenant Name(6)(8) | ||||||
1 | St. Johns Town Center | Dick’s Sporting Goods | 66,000 | 6.7% | 1/31/2021 | Jo-Ann Fabrics | ||||||
2 | Colorado Mills | Burlington Coat Factory | 63,145 | 6.9% | 1/31/2016 | Sports Authority | ||||||
3 | Plaza Vista | Jax Fish House and Oyster Bar | 5,200 | 2.0% | 9/30/2024 | Waddell & Reed | ||||||
4 | Four Seasons Hotel - Seattle | |||||||||||
5 | 529 Bryant Street | |||||||||||
6 | Granada Gardens | |||||||||||
7 | Tobin Lofts | |||||||||||
8 | Madison Park Office Portfolio | Various | Various | Various | Various | |||||||
8.01 | National General Buildings | |||||||||||
8.02 | Lowe’s Buildings | |||||||||||
8.03 | BCBS Buildings | Blue Rhino | 15,041 | 9.9% | 4/30/2024 | |||||||
8.04 | 5635 Building | |||||||||||
9 | Brookstone Park Apartments | |||||||||||
10 | Clarkwood Greens | |||||||||||
11 | DoubleTree - Virginia Beach | |||||||||||
12 | All Storage Keller Haslet & Katy | |||||||||||
13 | Twin Falls Portfolio | |||||||||||
13.01 | Holiday Inn Express - Twin Falls | �� | ||||||||||
13.02 | Hampton Inn - Twin Falls | |||||||||||
13.03 | Quality Inn - Twin Falls | |||||||||||
14 | Residences at 865 East | |||||||||||
15 | Vista Verde Apartments | |||||||||||
16 | Georgia MHC Portfolio | |||||||||||
16.01 | Hunteridge | |||||||||||
16.02 | Riverdale | |||||||||||
16.03 | Jonesboro | |||||||||||
17 | Sharon Park | |||||||||||
18 | Six Trails Apartments | |||||||||||
19 | New York Self Storage Portfolio | |||||||||||
19.01 | Capital Self Storage - Liberty | |||||||||||
19.02 | Capital Self Storage - New Hampton | |||||||||||
19.03 | Rite Self Storage | |||||||||||
20 | Elsinore Courtyard Apartments | |||||||||||
21 | Kensington Commons | |||||||||||
22 | Southgate Mall | Goodwill Industries | 48,428 | 30.4% | 12/31/2031 | Big 5 Sporting Goods | ||||||
23 | The Falls at Tampa Bay | |||||||||||
24 | Creekside Village of Fairfield | |||||||||||
25 | The Village at Mirror Lake | Sumo Japanese Steakhouse | 5,050 | 6.6% | 12/31/2017 | La Fiesta | ||||||
26 | John Alden Apartments | |||||||||||
27 | Desert Sky Festival | Ross Stores, Inc | 27,232 | 20.9% | 1/31/2019 | BBB Fashion I, Inc | ||||||
28 | 276 Post Road West | Source Capital Group | 11,873 | 36.1% | 8/31/2021 | Paragon Group Holdings | ||||||
29 | AMCP Portfolio | |||||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | |||||||||||
29.02 | North Las Vegas - Foremaster Lane | |||||||||||
29.03 | North Las Vegas - Losee Road | |||||||||||
29.04 | Atlantic City NJ | |||||||||||
29.05 | Norwich CT | |||||||||||
30 | Abbey Park Apartments | |||||||||||
31 | Hawthorne 40 Shopping Center | Furniture Deals | 66,089 | 31.5% | 10/31/2017 | Dollar Tree Stores, Inc. | ||||||
32 | Great Petaluma Mill | Artbeat Salon & Gallery | 3,011 | 6.6% | 10/31/2019 | The Apple Box | ||||||
33 | Academy Sports - Anderson, SC | |||||||||||
34 | Crossing at Sun Meadow | |||||||||||
35 | Chesapeake Pointe Apts | |||||||||||
36 | Crossing at Burke Regency | |||||||||||
37 | La Quinta Plainfield | |||||||||||
38 | Cornerstone Apartments | |||||||||||
39 | Elsea Mobile Village | |||||||||||
40 | Inn at Queen Anne | |||||||||||
41 | All Storage Old Denton | |||||||||||
42 | Sherman Crossroads | Jalapeno Tree | 5,451 | 14.7% | 5/31/2017 | Anytime Fitness | ||||||
43 | Brunswick Apartments | |||||||||||
44 | Shaw’s Supermarkets Land Lease | |||||||||||
45 | Villa Nueva | |||||||||||
46 | Village on Lorna | Freds Store | 14,587 | 10.3% | 9/30/2016 | Jin Chul Choi dba Beauty | ||||||
47 | Lewisville Shopping Center | Shoe Carnival | 10,611 | 32.4% | 5/31/2022 | Car Toys | ||||||
48 | 855 Ridge Lake | RE Transportation | 17,846 | 22.5% | 9/30/2018 | The Share Group | ||||||
49 | Villages of Capital Pointe | |||||||||||
50 | Stones Crossing II & Mooresville II & III | Various | Various | Various | Various | Various | ||||||
50.01 | Stones Crossing II | Zen Spa | 6,700 | 32.2% | 10/31/2017 | Southside Louie’s | ||||||
50.02 | Mooresville II & III | Big O Tire | 4,736 | 30.1% | 3/31/2021 | Sun Tan City | ||||||
51 | Cathedral Towne Villas Apartments | |||||||||||
52 | Walgreens - Savannah | |||||||||||
53 | Texas Avenue at Redmond | St. Joseph’s | 2,800 | 32.4% | 11/30/2019 | Sleep Number | ||||||
54 | Crossing at Allen Square | |||||||||||
55 | Sunrise Plaza | L&B dba Batteries Plus | 1,870 | 14.1% | 5/31/2019 | AAA | ||||||
56 | Shops at Bay City Mall | Cato | 4,531 | 13.4% | 1/31/2022 | Weight Watchers | ||||||
57 | College MHC | |||||||||||
58 | Maxwell Apartments | |||||||||||
59 | Honeydale MHP |
A-11
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||
Mortgage Loan Number | Property Name | 3rd Largest Tenant Sq. Ft. | 3rd Largest Tenant % of NRA | 3rd Largest Tenant Exp. Date | 4th Largest Tenant Name | 4th Largest Tenant Sq. Ft. | 4th Largest Tenant % of NRA | |||||||
1 | St. Johns Town Center | 35,000 | 3.6% | 1/31/2016 | Ross Dress For Less | 30,187 | 3.1% | |||||||
2 | Colorado Mills | 43,568 | 4.7% | 1/31/2018 | Jumpstreet | 40,217 | 4.4% | |||||||
3 | Plaza Vista | 5,197 | 2.0% | 11/30/2020 | JJ’s Bar & Grill, Inc. | 4,888 | 1.9% | |||||||
4 | Four Seasons Hotel - Seattle | |||||||||||||
5 | 529 Bryant Street | |||||||||||||
6 | Granada Gardens | |||||||||||||
7 | Tobin Lofts | |||||||||||||
8 | Madison Park Office Portfolio | |||||||||||||
8.01 | National General Buildings | |||||||||||||
8.02 | Lowe’s Buildings | |||||||||||||
8.03 | BCBS Buildings | |||||||||||||
8.04 | 5635 Building | |||||||||||||
9 | Brookstone Park Apartments | |||||||||||||
10 | Clarkwood Greens | |||||||||||||
11 | DoubleTree - Virginia Beach | |||||||||||||
12 | All Storage Keller Haslet & Katy | |||||||||||||
13 | Twin Falls Portfolio | |||||||||||||
13.01 | Holiday Inn Express - Twin Falls | |||||||||||||
13.02 | Hampton Inn - Twin Falls | |||||||||||||
13.03 | Quality Inn - Twin Falls | |||||||||||||
14 | Residences at 865 East | |||||||||||||
15 | Vista Verde Apartments | |||||||||||||
16 | Georgia MHC Portfolio | |||||||||||||
16.01 | Hunteridge | |||||||||||||
16.02 | Riverdale | |||||||||||||
16.03 | Jonesboro | |||||||||||||
17 | Sharon Park | |||||||||||||
18 | Six Trails Apartments | |||||||||||||
19 | New York Self Storage Portfolio | �� | ||||||||||||
19.01 | Capital Self Storage - Liberty | |||||||||||||
19.02 | Capital Self Storage - New Hampton | |||||||||||||
19.03 | Rite Self Storage | |||||||||||||
20 | Elsinore Courtyard Apartments | |||||||||||||
21 | Kensington Commons | |||||||||||||
22 | Southgate Mall | 16,507 | 10.4% | 5/31/2019 | ||||||||||
23 | The Falls at Tampa Bay | |||||||||||||
24 | Creekside Village of Fairfield | |||||||||||||
25 | The Village at Mirror Lake | 3,850 | 5.1% | 6/30/2017 | Martial Arts Studio | 2,800 | 3.7% | |||||||
26 | John Alden Apartments | |||||||||||||
27 | Desert Sky Festival | 14,128 | 10.9% | 12/31/2022 | Anna’s Linens | 9,271 | 7.1% | |||||||
28 | 276 Post Road West | 4,000 | 12.2% | 8/31/2021 | ||||||||||
29 | AMCP Portfolio | |||||||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | |||||||||||||
29.02 | North Las Vegas - Foremaster Lane | |||||||||||||
29.03 | North Las Vegas - Losee Road | |||||||||||||
29.04 | Atlantic City NJ | |||||||||||||
29.05 | Norwich CT | |||||||||||||
30 | Abbey Park Apartments | |||||||||||||
31 | Hawthorne 40 Shopping Center | 21,763 | 10.4% | 9/30/2018 | Regency Beauty Institute | 6,187 | 3.0% | |||||||
32 | Great Petaluma Mill | 2,557 | 5.6% | 1/31/2021 | Petaluma Chamber of Commerce | 2,240 | 4.9% | |||||||
33 | Academy Sports - Anderson, SC | |||||||||||||
34 | Crossing at Sun Meadow | |||||||||||||
35 | Chesapeake Pointe Apts | |||||||||||||
36 | Crossing at Burke Regency | |||||||||||||
37 | La Quinta Plainfield | |||||||||||||
38 | Cornerstone Apartments | |||||||||||||
39 | Elsea Mobile Village | |||||||||||||
40 | Inn at Queen Anne | |||||||||||||
41 | All Storage Old Denton | |||||||||||||
42 | Sherman Crossroads | 5,075 | 13.7% | 10/22/2019 | Shogun Japanese | 4,460 | 12.0% | |||||||
43 | Brunswick Apartments | |||||||||||||
44 | Shaw’s Supermarkets Land Lease | |||||||||||||
45 | Villa Nueva | |||||||||||||
46 | Village on Lorna | 7,800 | 5.5% | 12/31/2021 | Silver Coin Inc. | 5,000 | 3.5% | |||||||
47 | Lewisville Shopping Center | 6,705 | 20.4% | 11/30/2021 | ||||||||||
48 | 855 Ridge Lake | 7,107 | 9.0% | 4/30/2018 | Smith-Berclair Insurance | 6,323 | 8.0% | |||||||
49 | Villages of Capital Pointe | |||||||||||||
50 | Stones Crossing II & Mooresville II & III | Various | Various | Various | Various | Various | Various | |||||||
50.01 | Stones Crossing II | 4,100 | 19.7% | 5/31/2018 | ||||||||||
50.02 | Mooresville II & III | 2,700 | 17.2% | 8/31/2017 | Lube Center | 1,380 | 8.8% | |||||||
51 | Cathedral Towne Villas Apartments | |||||||||||||
52 | Walgreens - Savannah | |||||||||||||
53 | Texas Avenue at Redmond | 2,640 | 30.6% | 10/31/2023 | ||||||||||
54 | Crossing at Allen Square | |||||||||||||
55 | Sunrise Plaza | 1,440 | 10.8% | 7/31/2015 | Franchise Management Investors US, LLC (Pizza Hut) | 1,440 | 10.8% | |||||||
56 | Shops at Bay City Mall | 1,796 | 5.3% | 4/20/2015 | Metro PCS | 1,796 | 5.3% | |||||||
57 | College MHC | |||||||||||||
58 | Maxwell Apartments | |||||||||||||
59 | Honeydale MHP |
A-12
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||
Mortgage Loan Number | Property Name | 4th Largest Tenant Exp. Date | 5th Largest Tenant Name(6)(8) | 5th Largest Tenant Sq. Ft. | 5th Largest Tenant % of NRA | 5th Largest Tenant Exp. Date | Engineering Report Date | |||||||
1 | St. Johns Town Center | 1/31/2016 | DSW Shoe Warehouse | 30,000 | 3.1% | 1/31/2016 | 8/22/2014 | |||||||
2 | Colorado Mills | 7/31/2017 | Last Call Neiman Marcus | 32,143 | 3.5% | 1/31/2018 | 10/6/2014 | |||||||
3 | Plaza Vista | 10/31/2024 | 8/27/2014 | |||||||||||
4 | Four Seasons Hotel - Seattle | 7/23/2014 | ||||||||||||
5 | 529 Bryant Street | 10/7/2014 | ||||||||||||
6 | Granada Gardens | 9/18/2014 | ||||||||||||
7 | Tobin Lofts | 8/19/2014 | ||||||||||||
8 | Madison Park Office Portfolio | 9/24/2014 | ||||||||||||
8.01 | National General Buildings | 9/24/2014 | ||||||||||||
8.02 | Lowe’s Buildings | 9/24/2014 | ||||||||||||
8.03 | BCBS Buildings | 9/24/2014 | ||||||||||||
8.04 | 5635 Building | 9/24/2014 | ||||||||||||
9 | Brookstone Park Apartments | 10/17/2014 | ||||||||||||
10 | Clarkwood Greens | 9/18/2014 | ||||||||||||
11 | DoubleTree - Virginia Beach | 10/21/2014 | ||||||||||||
12 | All Storage Keller Haslet & Katy | 10/9/2014 | ||||||||||||
13 | Twin Falls Portfolio | 8/18/2014 | ||||||||||||
13.01 | Holiday Inn Express - Twin Falls | 8/18/2014 | ||||||||||||
13.02 | Hampton Inn - Twin Falls | 8/18/2014 | ||||||||||||
13.03 | Quality Inn - Twin Falls | 8/18/2014 | ||||||||||||
14 | Residences at 865 East | 9/15/2014 | ||||||||||||
15 | Vista Verde Apartments | 9/8/2014 | ||||||||||||
16 | Georgia MHC Portfolio | Various | ||||||||||||
16.01 | Hunteridge | 9/23/2014 | ||||||||||||
16.02 | Riverdale | 9/24/2014 | ||||||||||||
16.03 | Jonesboro | 9/24/2014 | ||||||||||||
17 | Sharon Park | 9/29/2014 | ||||||||||||
18 | Six Trails Apartments | 10/24/2014 | ||||||||||||
19 | New York Self Storage Portfolio | 8/15/2014 | ||||||||||||
19.01 | Capital Self Storage - Liberty | 8/15/2014 | ||||||||||||
19.02 | Capital Self Storage - New Hampton | 8/15/2014 | ||||||||||||
19.03 | Rite Self Storage | 8/15/2014 | ||||||||||||
20 | Elsinore Courtyard Apartments | 10/22/2014 | ||||||||||||
21 | Kensington Commons | 9/29/2014 | ||||||||||||
22 | Southgate Mall | 9/15/2014 | ||||||||||||
23 | The Falls at Tampa Bay | 8/25/2014 | ||||||||||||
24 | Creekside Village of Fairfield | 9/15/2014 | ||||||||||||
25 | The Village at Mirror Lake | 6/30/2017 | Johnny’s Pizza | 2,450 | 3.2% | 8/31/2015 | 7/28/2014 | |||||||
26 | John Alden Apartments | 9/10/2014 | ||||||||||||
27 | Desert Sky Festival | 4/30/2019 | RMH Franchise Corporation | 5,419 | 4.2% | 1/31/2035 | 8/25/2014 | |||||||
28 | 276 Post Road West | 10/1/2014 | ||||||||||||
29 | AMCP Portfolio | 7/30/2014 | ||||||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | 7/30/2014 | ||||||||||||
29.02 | North Las Vegas - Foremaster Lane | 7/30/2014 | ||||||||||||
29.03 | North Las Vegas - Losee Road | 7/30/2014 | ||||||||||||
29.04 | Atlantic City NJ | 7/30/2014 | ||||||||||||
29.05 | Norwich CT | 7/30/2014 | ||||||||||||
30 | Abbey Park Apartments | 8/5/2014 | ||||||||||||
31 | Hawthorne 40 Shopping Center | 6/30/2016 | Advance Dental Implant | 4,637 | 2.2% | 12/31/2016 | 9/3/2014 | |||||||
32 | Great Petaluma Mill | 1/31/2017 | Lightstream Pictures | 2,115 | 4.6% | MTM | 9/30/2014 | |||||||
33 | Academy Sports - Anderson, SC | 9/29/2014 | ||||||||||||
34 | Crossing at Sun Meadow | 9/1/2014 | ||||||||||||
35 | Chesapeake Pointe Apts | 8/21/2014 | ||||||||||||
36 | Crossing at Burke Regency | 9/3/2014 | ||||||||||||
37 | La Quinta Plainfield | 10/2/2014 | ||||||||||||
38 | Cornerstone Apartments | 8/20/2014 | ||||||||||||
39 | Elsea Mobile Village | 8/26/2014 | ||||||||||||
40 | Inn at Queen Anne | 9/18/2014 | ||||||||||||
41 | All Storage Old Denton | 10/8/2014 | ||||||||||||
42 | Sherman Crossroads | 1/31/2018 | US Army/Navy | 3,334 | 9.0% | 8/30/2017 | 9/5/2014 | |||||||
43 | Brunswick Apartments | 9/22/2014 | ||||||||||||
44 | Shaw’s Supermarkets Land Lease | 10/1/2014 | ||||||||||||
45 | Villa Nueva | 10/6/2014 | ||||||||||||
46 | Village on Lorna | 2/28/2020 | Rent-A-Center | 4,200 | 3.0% | 12/31/2019 | 9/15/2014 | |||||||
47 | Lewisville Shopping Center | 9/29/2014 | ||||||||||||
48 | 855 Ridge Lake | 12/31/2019 | The Sims Financial Group, Inc. | 3,957 | 5.0% | 10/31/2018 | 9/29/2014 | |||||||
49 | Villages of Capital Pointe | 9/9/2014 | ||||||||||||
50 | Stones Crossing II & Mooresville II & III | Various | Various | Various | Various | Various | 10/8/2014 | |||||||
50.01 | Stones Crossing II | 10/8/2014 | ||||||||||||
50.02 | Mooresville II & III | 3/31/2021 | Papa John’s | 1,200 | 7.6% | 10/31/2020 | 10/8/2014 | |||||||
51 | Cathedral Towne Villas Apartments | 7/31/2014 | ||||||||||||
52 | Walgreens - Savannah | 10/14/2014 | ||||||||||||
53 | Texas Avenue at Redmond | 10/17/2014 | ||||||||||||
54 | Crossing at Allen Square | 9/1/2014 | ||||||||||||
55 | Sunrise Plaza | 4/30/2018 | Opulent Dentistry | 1,276 | 9.6% | 1/31/2020 | 9/23/2014 | |||||||
56 | Shops at Bay City Mall | 12/31/2017 | Sally Beauty Supply | 1,660 | 4.9% | 12/31/2014 | 9/23/2014 | |||||||
57 | College MHC | 9/17/2014 | ||||||||||||
58 | Maxwell Apartments | 9/17/2014 | ||||||||||||
59 | Honeydale MHP | 10/15/2014 |
A-13
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||
Mortgage Loan Number | Property Name | Environmental Report Date (Phase I) | Environmental Report Date (Phase II) | Seismic PML % | Seismic Insurance Required (Y/N) | Terrorism Insurance (Y/N) | Loan Purpose | Engineering Escrow / Deferred Maintenance ($) | Tax Escrow (Initial) ($) | |||||||||
1 | St. Johns Town Center | 8/22/2014 | N | Y | Refinance | 0 | 0 | |||||||||||
2 | Colorado Mills | 10/10/2014 | N | Y | Refinance | 0 | 0 | |||||||||||
3 | Plaza Vista | 9/24/2014 | N | Y | Acquisition | 0 | 0 | |||||||||||
4 | Four Seasons Hotel - Seattle | 7/23/2014 | 8.0% | N | Y | Refinance | 0 | 31,970 | ||||||||||
5 | 529 Bryant Street | 10/6/2014 | 18.0% | N | Y | Refinance | 0 | 96,412 | ||||||||||
6 | Granada Gardens | 9/18/2014 | N | Y | Refinance | 0 | 328,702 | |||||||||||
7 | Tobin Lofts | 8/18/2014 | N | Y | Refinance | 0 | 0 | |||||||||||
8 | Madison Park Office Portfolio | 9/24/2014 | N | Y | Refinance | 0 | 140,170 | |||||||||||
8.01 | National General Buildings | 9/24/2014 | N | Y | ||||||||||||||
8.02 | Lowe’s Buildings | 9/24/2014 | N | Y | ||||||||||||||
8.03 | BCBS Buildings | 9/24/2014 | N | Y | ||||||||||||||
8.04 | 5635 Building | 9/24/2014 | N | Y | ||||||||||||||
9 | Brookstone Park Apartments | 10/16/2014 | N | Y | Refinance | 0 | 198,902 | |||||||||||
10 | Clarkwood Greens | 9/18/2014 | N | Y | Refinance | 18,480 | 229,842 | |||||||||||
11 | DoubleTree - Virginia Beach | 10/21/2014 | N | Y | Refinance | 0 | 92,199 | |||||||||||
12 | All Storage Keller Haslet & Katy | 10/9/2014 | N | Y | Refinance | 0 | 0 | |||||||||||
13 | Twin Falls Portfolio | 8/18/2014 | N | Y | Refinance | 46,250 | 109,429 | |||||||||||
13.01 | Holiday Inn Express - Twin Falls | 8/18/2014 | N | Y | ||||||||||||||
13.02 | Hampton Inn - Twin Falls | 8/18/2014 | N | Y | ||||||||||||||
13.03 | Quality Inn - Twin Falls | 8/18/2014 | N | Y | ||||||||||||||
14 | Residences at 865 East | 9/15/2014 | N | Y | Refinance | 0 | 0 | |||||||||||
15 | Vista Verde Apartments | 9/8/2014 | N | Y | Acquisition | 0 | 0 | |||||||||||
16 | Georgia MHC Portfolio | 9/22/2014 | N | Y | Acquisition | 245,628 | 41,634 | |||||||||||
16.01 | Hunteridge | 9/22/2014 | N | Y | ||||||||||||||
16.02 | Riverdale | 9/22/2014 | N | Y | ||||||||||||||
16.03 | Jonesboro | 9/22/2014 | N | Y | ||||||||||||||
17 | Sharon Park | 9/26/2014 | N | Y | Refinance | 16,875 | 0 | |||||||||||
18 | Six Trails Apartments | 10/20/2014 | N | Y | Refinance | 17,426 | 94,479 | |||||||||||
19 | New York Self Storage Portfolio | 8/15/2014 | N | Y | Acquisition | 37,032 | 132,094 | |||||||||||
19.01 | Capital Self Storage - Liberty | 8/15/2014 | N | Y | ||||||||||||||
19.02 | Capital Self Storage - New Hampton | 8/15/2014 | N | Y | ||||||||||||||
19.03 | Rite Self Storage | 8/15/2014 | N | Y | ||||||||||||||
20 | Elsinore Courtyard Apartments | 10/22/2014 | N | Y | Refinance | 28,813 | 22,372 | |||||||||||
21 | Kensington Commons | 9/29/2014 | N | Y | Acquisition | 37,188 | 139,283 | |||||||||||
22 | Southgate Mall | 9/15/2014 | 7.0% | N | Y | Refinance | 26,325 | 15,785 | ||||||||||
23 | The Falls at Tampa Bay | 8/25/2014 | N | Y | Acquisition | 112,255 | 0 | |||||||||||
24 | Creekside Village of Fairfield | 9/16/2014 | N | Y | Acquisition | 0 | 45,667 | |||||||||||
25 | The Village at Mirror Lake | 7/28/2014 | N | Y | Refinance | 66,969 | 19,739 | |||||||||||
26 | John Alden Apartments | 9/9/2014 | 19.0% | N | Y | Refinance | 6,525 | 30,818 | ||||||||||
27 | Desert Sky Festival | 8/22/2014 | N | Y | Refinance | 0 | 42,144 | |||||||||||
28 | 276 Post Road West | 8/5/2014 | N | Y | Acquisition | 0 | 0 | |||||||||||
29 | AMCP Portfolio | Various | N | Y | Refinance | 0 | 0 | |||||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | 10/23/2014 | N | Y | ||||||||||||||
29.02 | North Las Vegas - Foremaster Lane | 10/23/2014 | N | Y | ||||||||||||||
29.03 | North Las Vegas - Losee Road | 10/23/2014 | N | Y | ||||||||||||||
29.04 | Atlantic City NJ | 10/23/2014 | N | Y | ||||||||||||||
29.05 | Norwich CT | 10/22/2014 | N | Y | ||||||||||||||
30 | Abbey Park Apartments | 8/1/2014 | N | Y | Refinance | 0 | 0 | |||||||||||
31 | Hawthorne 40 Shopping Center | 9/3/2014 | N | Y | Refinance | 106,538 | 214,209 | |||||||||||
32 | Great Petaluma Mill | 10/24/2014 | 18.0% | N | Y | Refinance | 0 | 18,192 | ||||||||||
33 | Academy Sports - Anderson, SC | 9/29/2014 | N | Y | Acquisition | 18,438 | 169,392 | |||||||||||
34 | Crossing at Sun Meadow | 9/3/2014 | N | Y | Acquisition | 6,250 | 98,115 | |||||||||||
35 | Chesapeake Pointe Apts | 11/14/2013 | N | Y | Refinance | 26,875 | 55,220 | |||||||||||
36 | Crossing at Burke Regency | 9/3/2014 | N | Y | Acquisition | 10,000 | 107,778 | |||||||||||
37 | La Quinta Plainfield | 10/2/2014 | N | Y | Refinance | 0 | 9,180 | |||||||||||
38 | Cornerstone Apartments | 10/29/2014 | N | Y | Refinance | 65,269 | 41,189 | |||||||||||
39 | Elsea Mobile Village | 8/26/2014 | N | Y | Refinance | 97,719 | 28,351 | |||||||||||
40 | Inn at Queen Anne | 9/18/2014 | 20.0% | Y | Y | Refinance | 8,750 | 13,991 | ||||||||||
41 | All Storage Old Denton | 10/8/2014 | N | Y | Refinance | 0 | 0 | |||||||||||
42 | Sherman Crossroads | 9/5/2014 | N | Y | Refinance | 90,469 | 0 | |||||||||||
43 | Brunswick Apartments | 9/22/2014 | N | Y | Refinance | 0 | 0 | |||||||||||
44 | Shaw’s Supermarkets Land Lease | 10/1/2014 | N | N | Acquisition | 0 | 0 | |||||||||||
45 | Villa Nueva | 10/6/2014 | N | Y | Acquisition | 79,049 | 73,865 | |||||||||||
46 | Village on Lorna | 9/16/2014 | N | Y | Refinance | 37,625 | 96,136 | |||||||||||
47 | Lewisville Shopping Center | 9/9/2014 | N | Y | Acquisition | 0 | 57,002 | |||||||||||
48 | 855 Ridge Lake | 9/29/2014 | 18.0% | N | Y | Acquisition | 3,125 | 47,506 | ||||||||||
49 | Villages of Capital Pointe | 9/9/2014 | N | Y | Refinance | 43,123 | 34,192 | |||||||||||
50 | Stones Crossing II & Mooresville II & III | 10/10/2014 | N | Y | Refinance | 1,688 | 11,405 | |||||||||||
50.01 | Stones Crossing II | 10/10/2014 | N | Y | ||||||||||||||
50.02 | Mooresville II & III | 10/10/2014 | N | Y | ||||||||||||||
51 | Cathedral Towne Villas Apartments | 7/31/2014 | 11.0% | N | Y | Refinance | 0 | 11,390 | ||||||||||
52 | Walgreens - Savannah | 9/25/2014 | N | N | Acquisition | 0 | 0 | |||||||||||
53 | Texas Avenue at Redmond | 10/17/2014 | N | Y | Acquisition | 0 | 31,264 | |||||||||||
54 | Crossing at Allen Square | 9/3/2014 | N | Y | Acquisition | 0 | 91,646 | |||||||||||
55 | Sunrise Plaza | 9/24/2014 | N | Y | Acquisition | 0 | 39,622 | |||||||||||
56 | Shops at Bay City Mall | 9/23/2014 | N | Y | Refinance | 187,500 | 8,935 | |||||||||||
57 | College MHC | 9/17/2014 | N | Y | Refinance | 0 | 48,131 | |||||||||||
58 | Maxwell Apartments | 9/18/2014 | 20.0% | Y | Y | Refinance | 6,313 | 6,981 | ||||||||||
59 | Honeydale MHP | 8/18/2014 | N | Y | Refinance | 21,463 | 2,852 |
A-14
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Monthly Tax Escrow ($)(9) | Tax Escrow - Cash or LoC | Tax Escrow - LoC Counterparty | Insurance Escrow (Initial) ($) | Monthly Insurance Escrow ($)(9) | Insurance Escrow - Cash or LoC | Insurance Escrow - LoC Counterparty | Upfront Replacement Reserve ($) | Monthly Replacement Reserve ($)(10) | Replacement Reserve Cap ($) | Replacement Reserve Escrow - Cash or LoC | ||||||||||||
1 | St. Johns Town Center | Springing | 0 | Springing | 0 | Springing | 0 | |||||||||||||||||
2 | Colorado Mills | Springing | 0 | Springing | 0 | Springing | 460,000 | |||||||||||||||||
3 | Plaza Vista | Springing | 0 | Springing | 100,000 | 4,229 | 100,000 | Cash | ||||||||||||||||
4 | Four Seasons Hotel - Seattle | 31,970 | Cash | 0 | Springing | 0 | 127,000 | 0 | Cash | |||||||||||||||
5 | 529 Bryant Street | 48,206 | Cash | 0 | Springing | 0 | 760 | 18,000 | Cash | |||||||||||||||
6 | Granada Gardens | 62,610 | Cash | 61,994 | 14,760 | Cash | 0 | 19,583 | 705,000 | Cash | ||||||||||||||
7 | Tobin Lofts | 0 | 32,171 | Springing | Cash | 5,658 | 5,658 | 0 | Cash | |||||||||||||||
8 | Madison Park Office Portfolio | 13,441 | Cash | 16,819 | 5,606 | Cash | 0 | 10,059 | 0 | Cash | ||||||||||||||
8.01 | National General Buildings | |||||||||||||||||||||||
8.02 | Lowe’s Buildings | |||||||||||||||||||||||
8.03 | BCBS Buildings | |||||||||||||||||||||||
8.04 | 5635 Building | |||||||||||||||||||||||
9 | Brookstone Park Apartments | 24,161 | Cash | 67,230 | 8,404 | Cash | 4,000 | 4,000 | 0 | Cash | ||||||||||||||
10 | Clarkwood Greens | 43,779 | Cash | 37,356 | 11,859 | Cash | 0 | 11,833 | 426,000 | Cash | ||||||||||||||
11 | DoubleTree - Virginia Beach | 48,863 | Cash | 164,638 | 41,160 | Cash | 0 | 82,500 | 0 | Cash | ||||||||||||||
12 | All Storage Keller Haslet & Katy | 32,703 | Cash | 29,104 | 3,234 | Cash | 0 | 3,787 | 136,348 | Cash | ||||||||||||||
13 | Twin Falls Portfolio | 21,885 | Cash | 22,500 | 4,500 | Cash | 20,544 | 20,544 | 0 | Cash | ||||||||||||||
13.01 | Holiday Inn Express - Twin Falls | |||||||||||||||||||||||
13.02 | Hampton Inn - Twin Falls | |||||||||||||||||||||||
13.03 | Quality Inn - Twin Falls | |||||||||||||||||||||||
14 | Residences at 865 East | 8,404 | Cash | 12,062 | 3,017 | Cash | 0 | 3,435 | 0 | Cash | ||||||||||||||
15 | Vista Verde Apartments | 22,999 | Cash | 7,708 | 7,711 | Cash | 0 | 4,167 | 150,000 | Cash | ||||||||||||||
16 | Georgia MHC Portfolio | 41,634 | Cash | 27,559 | 13,123 | Cash | 57,978 | 16,975 | 0 | Cash | ||||||||||||||
16.01 | Hunteridge | |||||||||||||||||||||||
16.02 | Riverdale | |||||||||||||||||||||||
16.03 | Jonesboro | |||||||||||||||||||||||
17 | Sharon Park | 31,500 | Cash | 30,000 | 29,650 | Cash | 0 | 15,900 | 0 | Cash | ||||||||||||||
18 | Six Trails Apartments | 23,620 | Cash | 52,519 | 7,503 | Cash | 0 | 7,350 | 0 | Cash | ||||||||||||||
19 | New York Self Storage Portfolio | 17,972 | Cash | 11,438 | 2,723 | Cash | 0 | 2,358 | 0 | Cash | ||||||||||||||
19.01 | Capital Self Storage - Liberty | |||||||||||||||||||||||
19.02 | Capital Self Storage - New Hampton | |||||||||||||||||||||||
19.03 | Rite Self Storage | |||||||||||||||||||||||
20 | Elsinore Courtyard Apartments | 5,593 | Cash | 6,933 | 3,467 | Cash | 0 | 3,800 | 0 | Cash | ||||||||||||||
21 | Kensington Commons | 26,530 | Cash | 0 | 5,094 | Cash | 0 | 5,500 | 0 | Cash | ||||||||||||||
22 | Southgate Mall | 7,893 | Cash | 14,389 | 2,398 | Cash | 0 | 1,993 | 119,598 | Cash | ||||||||||||||
23 | The Falls at Tampa Bay | 13,007 | Cash | 15,679 | 7,841 | Cash | 0 | 5,000 | 180,000 | Cash | ||||||||||||||
24 | Creekside Village of Fairfield | 11,417 | Cash | 10,312 | 4,910 | Cash | 250,000 | 2,850 | 0 | Cash | ||||||||||||||
25 | The Village at Mirror Lake | 9,870 | Cash | 4,360 | 545 | Cash | 1,650 | 1,650 | 0 | Cash | ||||||||||||||
26 | John Alden Apartments | 10,273 | Cash | 11,478 | 1,043 | Cash | 2,000 | 2,000 | 0 | Cash | ||||||||||||||
27 | Desert Sky Festival | 21,072 | Cash | 19,281 | 1,928 | Cash | 0 | 2,165; Springing | 77,965 | Cash | ||||||||||||||
28 | 276 Post Road West | 9,212 | Cash | 0 | 1,900 | Cash | 100,000 | 685 | 75,000 | Cash | ||||||||||||||
29 | AMCP Portfolio | 0 | 0 | 0 | 0 | Springing | 650,000 | |||||||||||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | |||||||||||||||||||||||
29.02 | North Las Vegas - Foremaster Lane | |||||||||||||||||||||||
29.03 | North Las Vegas - Losee Road | |||||||||||||||||||||||
29.04 | Atlantic City NJ | |||||||||||||||||||||||
29.05 | Norwich CT | |||||||||||||||||||||||
30 | Abbey Park Apartments | Springing | 0 | Springing | 0 | Springing | 0 | |||||||||||||||||
31 | Hawthorne 40 Shopping Center | 17,001 | Cash | 58,610 | 4,294 | Cash | 0 | 2,723 | 0 | Cash | ||||||||||||||
32 | Great Petaluma Mill | 9,096 | Cash | 0 | Springing | 0 | 1,110 | 26,650 | Cash | |||||||||||||||
33 | Academy Sports - Anderson, SC | 16,243 | Cash | 1,209 | 1,206 | Cash | 1,278 | 1,278 | 0 | Cash | ||||||||||||||
34 | Crossing at Sun Meadow | 10,902 | Cash | 6,900 | 6,900 | Cash | 3,750 | 3,750 | 0 | Cash | ||||||||||||||
35 | Chesapeake Pointe Apts | 13,805 | Cash | 47,299 | 5,000 | Cash | 5,717 | 5,717 | 0 | Cash | ||||||||||||||
36 | Crossing at Burke Regency | 11,975 | Cash | 6,600 | 6,600 | Cash | 4,877 | 4,877 | 0 | Cash | ||||||||||||||
37 | La Quinta Plainfield | 9,180 | Cash | 6,089 | 1,015 | Cash | 0 | 5,872 | 0 | Cash | ||||||||||||||
38 | Cornerstone Apartments | 3,432 | Cash | 8,633 | 2,878 | Cash | 3,000 | 3,000 | 0 | Cash | ||||||||||||||
39 | Elsea Mobile Village | 4,050 | Cash | 5,688 | 569 | Cash | 0 | 1,300 | 0 | Cash | ||||||||||||||
40 | Inn at Queen Anne | 4,664 | Cash | 16,359 | 2,045 | Cash | 6,398 | 6,398 | 0 | Cash | ||||||||||||||
41 | All Storage Old Denton | 7,648 | Cash | 12,963 | 1,440 | Cash | 0 | 1,162 | 41,837 | Cash | ||||||||||||||
42 | Sherman Crossroads | 7,867 | Cash | 5,555 | 661 | Cash | 0 | 618 | 0 | Cash | ||||||||||||||
43 | Brunswick Apartments | Springing | 0 | Springing | 0 | Springing | 0 | |||||||||||||||||
44 | Shaw’s Supermarkets Land Lease | Springing | 0 | Springing | 0 | 0 | 0 | |||||||||||||||||
45 | Villa Nueva | 6,715 | Cash | 55,650 | 5,300 | Cash | 300,000 | 3,333 | 0 | Cash | ||||||||||||||
46 | Village on Lorna | 9,383 | Cash | 8,917 | 4,246 | Cash | 0 | 2,358 | 0 | Cash | ||||||||||||||
47 | Lewisville Shopping Center | 5,182 | Cash | 2,756 | 1,378 | Cash | 0 | 547 | 0 | Cash | ||||||||||||||
48 | 855 Ridge Lake | 9,501 | Cash | 5,160 | 1,720 | Cash | 1,318 | 1,318 | 0 | Cash | ||||||||||||||
49 | Villages of Capital Pointe | 10,855 | Cash | 17,188 | 2,046 | Cash | 0 | 1,140 | 0 | Cash | ||||||||||||||
50 | Stones Crossing II & Mooresville II & III | 5,703 | Cash | 14,219 | 1,580 | Cash | 578 | 578 | 0 | Cash | ||||||||||||||
50.01 | Stones Crossing II | |||||||||||||||||||||||
50.02 | Mooresville II & III | |||||||||||||||||||||||
51 | Cathedral Towne Villas Apartments | 5,695 | Cash | 6,787 | 617 | Cash | 1,525 | 1,525 | 0 | Cash | ||||||||||||||
52 | Walgreens - Savannah | Springing | 0 | Springing | 0 | Springing | 0 | |||||||||||||||||
53 | Texas Avenue at Redmond | 2,605 | Cash | 1,054 | 527 | Cash | 0 | 108 | 0 | Cash | ||||||||||||||
54 | Crossing at Allen Square | 10,183 | Cash | 4,000 | 4,000 | Cash | 2,997 | 2,997 | 0 | Cash | ||||||||||||||
55 | Sunrise Plaza | 9,434 | Cash | 1,455 | 693 | Cash | 15,000 | 166 | 0 | Cash | ||||||||||||||
56 | Shops at Bay City Mall | 2,978 | Cash | 6,087 | 507 | Cash | 0 | 422 | 25,335 | Cash | ||||||||||||||
57 | College MHC | 4,376 | Cash | 4,170 | 1,043 | Cash | 550 | 550 | 0 | Cash | ||||||||||||||
58 | Maxwell Apartments | 2,327 | Cash | 3,632 | 605 | Cash | 525 | 525 | 0 | Cash | ||||||||||||||
59 | Honeydale MHP | 1,426 | Cash | 15,390 | 2,565 | Cash | 17,700 | 0 | 17,700 | Cash |
A-15
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||
Mortgage Loan Number | Property Name | Replacement Reserve Escrow - LoC Counterparty | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) | TI/LC Reserve Cap ($) | TI/LC Escrow - Cash or LoC | TI/LC Escrow - LoC Counterparty | Debt Service Escrow (Initial) ($) | Debt Service Escrow (Monthly) ($) | Debt Service Escrow - Cash or LoC | Debt Service Escrow - LoC Counterparty | |||||||||||
1 | St. Johns Town Center | 0 | Springing | 0 | 0 | 0 | ||||||||||||||||
2 | Colorado Mills | 0 | Springing | 3,000,000 | 0 | 0 | ||||||||||||||||
3 | Plaza Vista | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
4 | Four Seasons Hotel - Seattle | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
5 | 529 Bryant Street | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
6 | Granada Gardens | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
7 | Tobin Lofts | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
8 | Madison Park Office Portfolio | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
8.01 | National General Buildings | |||||||||||||||||||||
8.02 | Lowe’s Buildings | |||||||||||||||||||||
8.03 | BCBS Buildings | |||||||||||||||||||||
8.04 | 5635 Building | |||||||||||||||||||||
9 | Brookstone Park Apartments | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
10 | Clarkwood Greens | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
11 | DoubleTree - Virginia Beach | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
12 | All Storage Keller Haslet & Katy | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
13 | Twin Falls Portfolio | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
13.01 | Holiday Inn Express - Twin Falls | |||||||||||||||||||||
13.02 | Hampton Inn - Twin Falls | |||||||||||||||||||||
13.03 | Quality Inn - Twin Falls | |||||||||||||||||||||
14 | Residences at 865 East | 0 | 455 | 0 | Cash | 0 | 0 | |||||||||||||||
15 | Vista Verde Apartments | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
16 | Georgia MHC Portfolio | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
16.01 | Hunteridge | |||||||||||||||||||||
16.02 | Riverdale | |||||||||||||||||||||
16.03 | Jonesboro | |||||||||||||||||||||
17 | Sharon Park | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
18 | Six Trails Apartments | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
19 | New York Self Storage Portfolio | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
19.01 | Capital Self Storage - Liberty | |||||||||||||||||||||
19.02 | Capital Self Storage - New Hampton | |||||||||||||||||||||
19.03 | Rite Self Storage | |||||||||||||||||||||
20 | Elsinore Courtyard Apartments | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
21 | Kensington Commons | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
22 | Southgate Mall | 500,000 | 7,265; Springing | 500,000 | Cash | 0 | 0 | |||||||||||||||
23 | The Falls at Tampa Bay | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
24 | Creekside Village of Fairfield | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
25 | The Village at Mirror Lake | 5,201 | 5,201 | 0 | Cash | 0 | 0 | |||||||||||||||
26 | John Alden Apartments | 0 | 0 | 0 | �� | 0 | 0 | |||||||||||||||
27 | Desert Sky Festival | 250,000 | 6,400; Springing | 250,000 | Cash | 0 | 0 | |||||||||||||||
28 | 276 Post Road West | 0 | 3,424 | 0 | Cash | 0 | 0 | |||||||||||||||
29 | AMCP Portfolio | 0 | Springing | 1,100,000 | 0 | 0 | ||||||||||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | |||||||||||||||||||||
29.02 | North Las Vegas - Foremaster Lane | |||||||||||||||||||||
29.03 | North Las Vegas - Losee Road | |||||||||||||||||||||
29.04 | Atlantic City NJ | |||||||||||||||||||||
29.05 | Norwich CT | |||||||||||||||||||||
30 | Abbey Park Apartments | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
31 | Hawthorne 40 Shopping Center | 100,000 | 8,510 | 0 | Cash | 0 | 0 | |||||||||||||||
32 | Great Petaluma Mill | 0 | 2,437 | 87,732 | Cash | 0 | 0 | |||||||||||||||
33 | Academy Sports - Anderson, SC | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
34 | Crossing at Sun Meadow | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
35 | Chesapeake Pointe Apts | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
36 | Crossing at Burke Regency | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
37 | La Quinta Plainfield | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
38 | Cornerstone Apartments | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
39 | Elsea Mobile Village | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
40 | Inn at Queen Anne | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
41 | All Storage Old Denton | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
42 | Sherman Crossroads | 0 | 3,090 | 148,340 | Cash | 0 | 0 | |||||||||||||||
43 | Brunswick Apartments | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
44 | Shaw’s Supermarkets Land Lease | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
45 | Villa Nueva | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
46 | Village on Lorna | 200,000 | 5,896 | 200,000 | Cash | 0 | 0 | |||||||||||||||
47 | Lewisville Shopping Center | 0 | 2,188 | 0 | Cash | 0 | 0 | |||||||||||||||
48 | 855 Ridge Lake | 205,601 | 5,601 | 0 | Cash | 0 | 0 | |||||||||||||||
49 | Villages of Capital Pointe | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
50 | Stones Crossing II & Mooresville II & III | 50,000 | 1,522 | 85,000 | Cash | 0 | 0 | |||||||||||||||
50.01 | Stones Crossing II | |||||||||||||||||||||
50.02 | Mooresville II & III | |||||||||||||||||||||
51 | Cathedral Towne Villas Apartments | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
52 | Walgreens - Savannah | 0 | Springing | 0 | 0 | 0 | ||||||||||||||||
53 | Texas Avenue at Redmond | 0 | 857 | 0 | Cash | 0 | 0 | |||||||||||||||
54 | Crossing at Allen Square | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
55 | Sunrise Plaza | 0 | 1,382 | 0 | Cash | 0 | 0 | |||||||||||||||
56 | Shops at Bay City Mall | 0 | 1,537 | 75,000 | Cash | 0 | 0 | |||||||||||||||
57 | College MHC | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
58 | Maxwell Apartments | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
59 | Honeydale MHP | 0 | 0 | 0 | 0 | 0 |
A-16
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||
Mortgage Loan Number | Property Name | Other Escrow I Reserve Description | Other Escrow I (Initial) ($)(6)(11) | Other Escrow I (Monthly) ($) | Other Escrow I Cap ($) | Other Escrow I Escrow - Cash or LoC | ||||||
1 | St. Johns Town Center | 0 | 0 | 0 | ||||||||
2 | Colorado Mills | 0 | 0 | 0 | ||||||||
3 | Plaza Vista | Ground Lease Rent Reserve | 340,000 | 340,000 | 340,000 | Cash | ||||||
4 | Four Seasons Hotel - Seattle | Seasonality Reserve | 0 | Springing | 0 | |||||||
5 | 529 Bryant Street | 0 | 0 | 0 | ||||||||
6 | Granada Gardens | 0 | 0 | 0 | ||||||||
7 | Tobin Lofts | 0 | 0 | 0 | ||||||||
8 | Madison Park Office Portfolio | 0 | 0 | 0 | ||||||||
8.01 | National General Buildings | |||||||||||
8.02 | Lowe’s Buildings | |||||||||||
8.03 | BCBS Buildings | |||||||||||
8.04 | 5635 Building | |||||||||||
9 | Brookstone Park Apartments | 0 | 0 | 0 | ||||||||
10 | Clarkwood Greens | 0 | 0 | 0 | ||||||||
11 | DoubleTree - Virginia Beach | Renovation Reserve; Seasonality Reserve | 2,110,000; 500,000 | Springing | 0 | Cash | ||||||
12 | All Storage Keller Haslet & Katy | 0 | 0 | 0 | ||||||||
13 | Twin Falls Portfolio | Seasonality Reserve | 122,991 | 15,374 | 122,991 | Cash | ||||||
13.01 | Holiday Inn Express - Twin Falls | |||||||||||
13.02 | Hampton Inn - Twin Falls | |||||||||||
13.03 | Quality Inn - Twin Falls | |||||||||||
14 | Residences at 865 East | Tenant Reserve | 87,600 | 0 | 0 | Cash | ||||||
15 | Vista Verde Apartments | 0 | 0 | 0 | ||||||||
16 | Georgia MHC Portfolio | Borrower Owned Homes Funds | 300,000 | 12,143 | 0 | Cash | ||||||
16.01 | Hunteridge | |||||||||||
16.02 | Riverdale | |||||||||||
16.03 | Jonesboro | |||||||||||
17 | Sharon Park | 0 | 0 | 0 | ||||||||
18 | Six Trails Apartments | Capital Improvement Reserve | 1,100,740 | 0 | 0 | Cash | ||||||
19 | New York Self Storage Portfolio | 0 | 0 | 0 | ||||||||
19.01 | Capital Self Storage - Liberty | |||||||||||
19.02 | Capital Self Storage - New Hampton | |||||||||||
19.03 | Rite Self Storage | |||||||||||
20 | Elsinore Courtyard Apartments | 0 | 0 | 0 | ||||||||
21 | Kensington Commons | 0 | 0 | 0 | ||||||||
22 | Southgate Mall | Critical Tenant TI/LC Funds | 0 | Springing | 0 | |||||||
23 | The Falls at Tampa Bay | 0 | 0 | 0 | ||||||||
24 | Creekside Village of Fairfield | 0 | 0 | 0 | ||||||||
25 | The Village at Mirror Lake | Villa Rica Pediatric Dentistry Escrow | 14,700 | 0 | 0 | Cash | ||||||
26 | John Alden Apartments | 0 | 0 | 0 | ||||||||
27 | Desert Sky Festival | Applebee’s Reserve | 1,260,079 | 0 | 0 | Cash | ||||||
28 | 276 Post Road West | Rent Abatement Reserve | 33,640 | 0 | 0 | Cash | ||||||
29 | AMCP Portfolio | 0 | 0 | 0 | ||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | |||||||||||
29.02 | North Las Vegas - Foremaster Lane | |||||||||||
29.03 | North Las Vegas - Losee Road | |||||||||||
29.04 | Atlantic City NJ | |||||||||||
29.05 | Norwich CT | |||||||||||
30 | Abbey Park Apartments | 0 | 0 | 0 | ||||||||
31 | Hawthorne 40 Shopping Center | Critical Tenant TI/LC Funds | 0 | Springing | 0 | |||||||
32 | Great Petaluma Mill | 24 Hour Fitness TILC Reserve | 0 | Springing | 0 | |||||||
33 | Academy Sports - Anderson, SC | 0 | 0 | 0 | ||||||||
34 | Crossing at Sun Meadow | 0 | 0 | 0 | ||||||||
35 | Chesapeake Pointe Apts | 0 | 0 | 0 | ||||||||
36 | Crossing at Burke Regency | 0 | 0 | 0 | ||||||||
37 | La Quinta Plainfield | 0 | 0 | 0 | ||||||||
38 | Cornerstone Apartments | 0 | 0 | 0 | ||||||||
39 | Elsea Mobile Village | 0 | 0 | 0 | ||||||||
40 | Inn at Queen Anne | Retrofit Reserve | 248,614 | 0 | 0 | Cash | ||||||
41 | All Storage Old Denton | 0 | 0 | 0 | ||||||||
42 | Sherman Crossroads | Anytime Fitness Funds | 325,000 | 0 | 0 | Cash | ||||||
43 | Brunswick Apartments | 0 | 0 | 0 | ||||||||
44 | Shaw’s Supermarkets Land Lease | 0 | 0 | 0 | ||||||||
45 | Villa Nueva | 0 | 0 | 0 | ||||||||
46 | Village on Lorna | Critical Tenant TI/LC Funds | 0 | Springing | 0 | |||||||
47 | Lewisville Shopping Center | 0 | 0 | 0 | ||||||||
48 | 855 Ridge Lake | Rent Reserve Deposit | 40,000 | 0 | 0 | Cash | ||||||
49 | Villages of Capital Pointe | 0 | 0 | 0 | ||||||||
50 | Stones Crossing II & Mooresville II & III | Shell Space Reserve | 22,500 | 0 | 0 | Cash | ||||||
50.01 | Stones Crossing II | |||||||||||
50.02 | Mooresville II & III | |||||||||||
51 | Cathedral Towne Villas Apartments | 0 | 0 | 0 | ||||||||
52 | Walgreens - Savannah | Additional Security Reserve | 75,000 | 0 | 0 | Cash | ||||||
53 | Texas Avenue at Redmond | St. Joseph’s Reserve | 9,142 | 0 | 0 | Cash | ||||||
54 | Crossing at Allen Square | 0 | 0 | 0 | ||||||||
55 | Sunrise Plaza | Roof & HVAC Repair Reserve | 0 | 1,250 | 0 | Cash | ||||||
56 | Shops at Bay City Mall | 0 | 0 | 0 | ||||||||
57 | College MHC | 0 | 0 | 0 | ||||||||
58 | Maxwell Apartments | Retrofit Reserve | 146,324 | 0 | 0 | Cash | ||||||
59 | Honeydale MHP | 0 | 0 | 0 |
A-17
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||
Mortgage Loan Number | Property Name | Other Escrow I - LoC Counterparty | Other Escrow II Reserve Description | Other Escrow II (Initial) ($) | Other Escrow II (Monthly) ($)(12) | Other Escrow II Cap ($) | Other Escrow II Escrow - Cash or LoC | Other Escrow II - LoC Counterparty | ||||||||
1 | St. Johns Town Center | 0 | 0 | 0 | ||||||||||||
2 | Colorado Mills | 0 | 0 | 0 | ||||||||||||
3 | Plaza Vista | Tenant Specific TILC Reserve | 86,467 | 0 | 0 | Cash | ||||||||||
4 | Four Seasons Hotel - Seattle | 0 | 0 | 0 | ||||||||||||
5 | 529 Bryant Street | 0 | 0 | 0 | ||||||||||||
6 | Granada Gardens | 0 | 0 | 0 | ||||||||||||
7 | Tobin Lofts | 0 | 0 | 0 | ||||||||||||
8 | Madison Park Office Portfolio | 0 | 0 | 0 | ||||||||||||
8.01 | National General Buildings | |||||||||||||||
8.02 | Lowe’s Buildings | |||||||||||||||
8.03 | BCBS Buildings | |||||||||||||||
8.04 | 5635 Building | |||||||||||||||
9 | Brookstone Park Apartments | 0 | 0 | 0 | ||||||||||||
10 | Clarkwood Greens | 0 | 0 | 0 | ||||||||||||
11 | DoubleTree - Virginia Beach | Case Goods Reserve | 0 | Springing | 0 | |||||||||||
12 | All Storage Keller Haslet & Katy | 0 | 0 | 0 | ||||||||||||
13 | Twin Falls Portfolio | 0 | 0 | 0 | ||||||||||||
13.01 | Holiday Inn Express - Twin Falls | |||||||||||||||
13.02 | Hampton Inn - Twin Falls | |||||||||||||||
13.03 | Quality Inn - Twin Falls | |||||||||||||||
14 | Residences at 865 East | 0 | 0 | 0 | ||||||||||||
15 | Vista Verde Apartments | 0 | 0 | 0 | ||||||||||||
16 | Georgia MHC Portfolio | Borrower Owned Home Sales Proceeds Funds | 0 | Springing | 0 | |||||||||||
16.01 | Hunteridge | |||||||||||||||
16.02 | Riverdale | |||||||||||||||
16.03 | Jonesboro | |||||||||||||||
17 | Sharon Park | 0 | 0 | 0 | ||||||||||||
18 | Six Trails Apartments | 0 | 0 | 0 | ||||||||||||
19 | New York Self Storage Portfolio | 0 | 0 | 0 | ||||||||||||
19.01 | Capital Self Storage - Liberty | |||||||||||||||
19.02 | Capital Self Storage - New Hampton | |||||||||||||||
19.03 | Rite Self Storage | |||||||||||||||
20 | Elsinore Courtyard Apartments | 0 | 0 | 0 | ||||||||||||
21 | Kensington Commons | 0 | 0 | 0 | ||||||||||||
22 | Southgate Mall | 0 | 0 | 0 | ||||||||||||
23 | The Falls at Tampa Bay | 0 | 0 | 0 | ||||||||||||
24 | Creekside Village of Fairfield | 0 | 0 | 0 | ||||||||||||
25 | The Village at Mirror Lake | 2014 Tax Holdback Reserve | 114,986 | 0 | 0 | Cash | ||||||||||
26 | John Alden Apartments | 0 | 0 | 0 | ||||||||||||
27 | Desert Sky Festival | Landscaping Reserve | 25,139 | 0 | 0 | Cash | ||||||||||
28 | 276 Post Road West | 0 | 0 | 0 | ||||||||||||
29 | AMCP Portfolio | 0 | 0 | 0 | ||||||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | |||||||||||||||
29.02 | North Las Vegas - Foremaster Lane | |||||||||||||||
29.03 | North Las Vegas - Losee Road | |||||||||||||||
29.04 | Atlantic City NJ | |||||||||||||||
29.05 | Norwich CT | |||||||||||||||
30 | Abbey Park Apartments | 0 | 0 | 0 | ||||||||||||
31 | Hawthorne 40 Shopping Center | 0 | 0 | 0 | ||||||||||||
32 | Great Petaluma Mill | 0 | 0 | 0 | ||||||||||||
33 | Academy Sports - Anderson, SC | 0 | 0 | 0 | ||||||||||||
34 | Crossing at Sun Meadow | 0 | 0 | 0 | ||||||||||||
35 | Chesapeake Pointe Apts | 0 | 0 | 0 | ||||||||||||
36 | Crossing at Burke Regency | 0 | 0 | 0 | ||||||||||||
37 | La Quinta Plainfield | 0 | 0 | 0 | ||||||||||||
38 | Cornerstone Apartments | 0 | 0 | 0 | ||||||||||||
39 | Elsea Mobile Village | 0 | 0 | 0 | ||||||||||||
40 | Inn at Queen Anne | Seasonality Reserve | 100,000 | 0 | 0 | Cash | ||||||||||
41 | All Storage Old Denton | 0 | 0 | 0 | ||||||||||||
42 | Sherman Crossroads | 0 | 0 | 0 | ||||||||||||
43 | Brunswick Apartments | 0 | 0 | 0 | ||||||||||||
44 | Shaw’s Supermarkets Land Lease | 0 | 0 | 0 | ||||||||||||
45 | Villa Nueva | 0 | 0 | 0 | ||||||||||||
46 | Village on Lorna | 0 | 0 | 0 | ||||||||||||
47 | Lewisville Shopping Center | 0 | 0 | 0 | ||||||||||||
48 | 855 Ridge Lake | RE Transport TI/LC | 50,000 | 0 | 0 | Cash | ||||||||||
49 | Villages of Capital Pointe | 0 | 0 | 0 | ||||||||||||
50 | Stones Crossing II & Mooresville II & III | 0 | 0 | 0 | ||||||||||||
50.01 | Stones Crossing II | |||||||||||||||
50.02 | Mooresville II & III | |||||||||||||||
51 | Cathedral Towne Villas Apartments | 0 | 0 | 0 | ||||||||||||
52 | Walgreens - Savannah | 0 | 0 | 0 | ||||||||||||
53 | Texas Avenue at Redmond | 0 | 0 | 0 | ||||||||||||
54 | Crossing at Allen Square | 0 | 0 | 0 | ||||||||||||
55 | Sunrise Plaza | 0 | 0 | 0 | ||||||||||||
56 | Shops at Bay City Mall | 0 | 0 | 0 | ||||||||||||
57 | College MHC | 0 | 0 | 0 | ||||||||||||
58 | Maxwell Apartments | 0 | 0 | 0 | ||||||||||||
59 | Honeydale MHP | 0 | 0 | 0 |
A-18
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||
Mortgage Loan Number | Property Name | Holdback ($) | Ownership Interest(13) | Ground Lease Initial Expiration Date | Annual Ground Rent Payment | Annual Ground Rent Increases | ||||||
1 | St. Johns Town Center | Fee | ||||||||||
2 | Colorado Mills | Fee | ||||||||||
3 | Plaza Vista | Leasehold | Office: 12/1/2037; Parking: 6/14/2040 | Office: Sum of monthly bond payments; Parking: $1.00 | NAP | |||||||
4 | Four Seasons Hotel - Seattle | Fee | ||||||||||
5 | 529 Bryant Street | Fee | ||||||||||
6 | Granada Gardens | Fee | ||||||||||
7 | Tobin Lofts | Leasehold | 7/31/2087 | $0 | NAP | |||||||
8 | Madison Park Office Portfolio | Fee | ||||||||||
8.01 | National General Buildings | Fee | ||||||||||
8.02 | Lowe’s Buildings | Fee | ||||||||||
8.03 | BCBS Buildings | Fee | ||||||||||
8.04 | 5635 Building | Fee | ||||||||||
9 | Brookstone Park Apartments | Fee | ||||||||||
10 | Clarkwood Greens | Fee | ||||||||||
11 | DoubleTree - Virginia Beach | Fee | ||||||||||
12 | All Storage Keller Haslet & Katy | Fee | ||||||||||
13 | Twin Falls Portfolio | Fee | ||||||||||
13.01 | Holiday Inn Express - Twin Falls | Fee | ||||||||||
13.02 | Hampton Inn - Twin Falls | Fee | ||||||||||
13.03 | Quality Inn - Twin Falls | Fee | ||||||||||
14 | Residences at 865 East | Fee | ||||||||||
15 | Vista Verde Apartments | Fee | ||||||||||
16 | Georgia MHC Portfolio | Fee | ||||||||||
16.01 | Hunteridge | Fee | ||||||||||
16.02 | Riverdale | Fee | ||||||||||
16.03 | Jonesboro | Fee | ||||||||||
17 | Sharon Park | Fee | ||||||||||
18 | Six Trails Apartments | Fee | ||||||||||
19 | New York Self Storage Portfolio | Various | Various | Various | NAP | |||||||
19.01 | Capital Self Storage - Liberty | Leasehold | 2/15/2024 | $2,500 | NAP | |||||||
19.02 | Capital Self Storage - New Hampton | Fee | ||||||||||
19.03 | Rite Self Storage | Fee | ||||||||||
20 | Elsinore Courtyard Apartments | Fee | ||||||||||
21 | Kensington Commons | Fee | ||||||||||
22 | Southgate Mall | Fee | ||||||||||
23 | The Falls at Tampa Bay | Fee | ||||||||||
24 | Creekside Village of Fairfield | Fee | ||||||||||
25 | The Village at Mirror Lake | Fee | ||||||||||
26 | John Alden Apartments | Fee | ||||||||||
27 | Desert Sky Festival | Leasehold | 12/31/2047 | $515,000 | Increase negotiated between landlord and tenant to be determined in 2024 | |||||||
28 | 276 Post Road West | Fee | ||||||||||
29 | AMCP Portfolio | Fee | ||||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | Fee | ||||||||||
29.02 | North Las Vegas - Foremaster Lane | Fee | ||||||||||
29.03 | North Las Vegas - Losee Road | Fee | ||||||||||
29.04 | Atlantic City NJ | Fee | ||||||||||
29.05 | Norwich CT | Fee | ||||||||||
30 | Abbey Park Apartments | Fee | ||||||||||
31 | Hawthorne 40 Shopping Center | Fee | ||||||||||
32 | Great Petaluma Mill | Fee | ||||||||||
33 | Academy Sports - Anderson, SC | Fee | ||||||||||
34 | Crossing at Sun Meadow | Fee | ||||||||||
35 | Chesapeake Pointe Apts | Fee | ||||||||||
36 | Crossing at Burke Regency | Fee | ||||||||||
37 | La Quinta Plainfield | Fee | ||||||||||
38 | Cornerstone Apartments | Fee | ||||||||||
39 | Elsea Mobile Village | Fee | ||||||||||
40 | Inn at Queen Anne | Fee | ||||||||||
41 | All Storage Old Denton | Fee | ||||||||||
42 | Sherman Crossroads | Fee | ||||||||||
43 | Brunswick Apartments | Fee | ||||||||||
44 | Shaw’s Supermarkets Land Lease | Fee | ||||||||||
45 | Villa Nueva | Fee | ||||||||||
46 | Village on Lorna | Fee | ||||||||||
47 | Lewisville Shopping Center | Fee | ||||||||||
48 | 855 Ridge Lake | Fee | ||||||||||
49 | Villages of Capital Pointe | Fee | ||||||||||
50 | Stones Crossing II & Mooresville II & III | Fee | ||||||||||
50.01 | Stones Crossing II | Fee | ||||||||||
50.02 | Mooresville II & III | Fee | ||||||||||
51 | Cathedral Towne Villas Apartments | Fee | ||||||||||
52 | Walgreens - Savannah | Fee | ||||||||||
53 | Texas Avenue at Redmond | Fee | ||||||||||
54 | Crossing at Allen Square | Fee | ||||||||||
55 | Sunrise Plaza | Fee | ||||||||||
56 | Shops at Bay City Mall | Fee | ||||||||||
57 | College MHC | Fee | ||||||||||
58 | Maxwell Apartments | Fee | ||||||||||
59 | Honeydale MHP | Fee |
A-19
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||
Mortgage Loan Number | Property Name | Lockbox | Whole Loan Cut-off Date Balance ($) | Whole Loan Debt Service ($) | Subordinate Secured Debt Original Balance ($) | Subordinate Secured Debt Cut-off Date Balance ($) | Whole Loan U/W NOI DSCR (x) | Whole Loan U/W NCF DSCR (x) | Whole Loan Cut- off Date LTV Ratio | Whole Loan Cut- off Date U/W NOI Debt Yield | Whole Loan Cut- off Date U/W NCF Debt Yield | |||||||||||
1 | St. Johns Town Center | Hard/Springing Cash Management | 350,000,000 | 1,129,345 | 146,500,000 | 146,500,000 | 2.31 | 2.22 | 46.1% | 8.9% | 8.6% | |||||||||||
2 | Colorado Mills | Hard/Springing Cash Management | ||||||||||||||||||||
3 | Plaza Vista | Hard/Upfront Cash Management | ||||||||||||||||||||
4 | Four Seasons Hotel - Seattle | Soft/Upfront Cash Management | 63,050,000 | 340,628 | 26,050,000 | 21,050,000 | 1.55 | 1.18 | 79.4% | 10.1% | 7.6% | |||||||||||
5 | 529 Bryant Street | Hard/Upfront Cash Management | ||||||||||||||||||||
6 | Granada Gardens | Springing (Without Established Account) | ||||||||||||||||||||
7 | Tobin Lofts | Soft/Upfront Cash Management | ||||||||||||||||||||
8 | Madison Park Office Portfolio | Hard/Springing Cash Management | ||||||||||||||||||||
8.01 | National General Buildings | |||||||||||||||||||||
8.02 | Lowe’s Buildings | |||||||||||||||||||||
8.03 | BCBS Buildings | |||||||||||||||||||||
8.04 | 5635 Building | |||||||||||||||||||||
9 | Brookstone Park Apartments | Soft/Springing Cash Management | ||||||||||||||||||||
10 | Clarkwood Greens | Springing (Without Established Account) | ||||||||||||||||||||
11 | DoubleTree - Virginia Beach | Springing (Without Established Account) | ||||||||||||||||||||
12 | All Storage Keller Haslet & Katy | Springing (Without Established Account) | ||||||||||||||||||||
13 | Twin Falls Portfolio | Springing (Without Established Account) | ||||||||||||||||||||
13.01 | Holiday Inn Express - Twin Falls | |||||||||||||||||||||
13.02 | Hampton Inn - Twin Falls | |||||||||||||||||||||
13.03 | Quality Inn - Twin Falls | |||||||||||||||||||||
14 | Residences at 865 East | Springing (Without Established Account) | ||||||||||||||||||||
15 | Vista Verde Apartments | Springing (Without Established Account) | ||||||||||||||||||||
16 | Georgia MHC Portfolio | Springing (Without Established Account) | ||||||||||||||||||||
16.01 | Hunteridge | |||||||||||||||||||||
16.02 | Riverdale | |||||||||||||||||||||
16.03 | Jonesboro | |||||||||||||||||||||
17 | Sharon Park | Soft/Springing Cash Management | ||||||||||||||||||||
18 | Six Trails Apartments | Springing (Without Established Account) | ||||||||||||||||||||
19 | New York Self Storage Portfolio | Springing (Without Established Account) | ||||||||||||||||||||
19.01 | Capital Self Storage - Liberty | |||||||||||||||||||||
19.02 | Capital Self Storage - New Hampton | |||||||||||||||||||||
19.03 | Rite Self Storage | |||||||||||||||||||||
20 | Elsinore Courtyard Apartments | Springing (Without Established Account) | ||||||||||||||||||||
21 | Kensington Commons | Springing (Without Established Account) | ||||||||||||||||||||
22 | Southgate Mall | Hard/Springing Cash Management | ||||||||||||||||||||
23 | The Falls at Tampa Bay | Springing (Without Established Account) | ||||||||||||||||||||
24 | Creekside Village of Fairfield | Springing (Without Established Account) | ||||||||||||||||||||
25 | The Village at Mirror Lake | Hard/Springing Cash Management | ||||||||||||||||||||
26 | John Alden Apartments | Springing (Without Established Account) | ||||||||||||||||||||
27 | Desert Sky Festival | Soft/Springing Cash Management | ||||||||||||||||||||
28 | 276 Post Road West | Hard/Upfront Cash Management | ||||||||||||||||||||
29 | AMCP Portfolio | Hard/Springing Cash Management | ||||||||||||||||||||
29.01 | North Las Vegas - 1 West Mayflower ave | |||||||||||||||||||||
29.02 | North Las Vegas - Foremaster Lane | |||||||||||||||||||||
29.03 | North Las Vegas - Losee Road | |||||||||||||||||||||
29.04 | Atlantic City NJ | |||||||||||||||||||||
29.05 | Norwich CT | |||||||||||||||||||||
30 | Abbey Park Apartments | None | ||||||||||||||||||||
31 | Hawthorne 40 Shopping Center | Soft/Springing Cash Management | ||||||||||||||||||||
32 | Great Petaluma Mill | Springing (Without Established Account) | ||||||||||||||||||||
33 | Academy Sports - Anderson, SC | Hard/Springing Cash Management | ||||||||||||||||||||
34 | Crossing at Sun Meadow | Hard/Springing Cash Management | ||||||||||||||||||||
35 | Chesapeake Pointe Apts | None | ||||||||||||||||||||
36 | Crossing at Burke Regency | Hard/Springing Cash Management | ||||||||||||||||||||
37 | La Quinta Plainfield | Springing (With Established Account) | ||||||||||||||||||||
38 | Cornerstone Apartments | Springing (Without Established Account) | ||||||||||||||||||||
39 | Elsea Mobile Village | None | ||||||||||||||||||||
40 | Inn at Queen Anne | Springing (Without Established Account) | ||||||||||||||||||||
41 | All Storage Old Denton | Springing (Without Established Account) | ||||||||||||||||||||
42 | Sherman Crossroads | Hard/Springing Cash Management | ||||||||||||||||||||
43 | Brunswick Apartments | None | ||||||||||||||||||||
44 | Shaw’s Supermarkets Land Lease | Springing (Without Established Account) | ||||||||||||||||||||
45 | Villa Nueva | Springing (Without Established Account) | ||||||||||||||||||||
46 | Village on Lorna | Springing (Without Established Account) | ||||||||||||||||||||
47 | Lewisville Shopping Center | Springing (Without Established Account) | ||||||||||||||||||||
48 | 855 Ridge Lake | Springing (Without Established Account) | ||||||||||||||||||||
49 | Villages of Capital Pointe | Springing (Without Established Account) | ||||||||||||||||||||
50 | Stones Crossing II & Mooresville II & III | Springing (Without Established Account) | ||||||||||||||||||||
50.01 | Stones Crossing II | |||||||||||||||||||||
50.02 | Mooresville II & III | |||||||||||||||||||||
51 | Cathedral Towne Villas Apartments | Springing (Without Established Account) | ||||||||||||||||||||
52 | Walgreens - Savannah | Hard/Upfront Cash Management | ||||||||||||||||||||
53 | Texas Avenue at Redmond | Hard/Springing Cash Management | ||||||||||||||||||||
54 | Crossing at Allen Square | Hard/Springing Cash Management | ||||||||||||||||||||
55 | Sunrise Plaza | Springing (Without Established Account) | ||||||||||||||||||||
56 | Shops at Bay City Mall | Hard/Springing Cash Management | ||||||||||||||||||||
57 | College MHC | Springing (Without Established Account) | ||||||||||||||||||||
58 | Maxwell Apartments | Springing (Without Established Account) | ||||||||||||||||||||
59 | Honeydale MHP | Springing (Without Established Account) |
A-20
WFRBS Commercial Mortgage Trust 2014-C25 | ||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||
Mortgage Loan Number | Property Name | Mezzanine Debt Cut-off Date Balance($) | Sponsor(14) | Affiliated Sponsors | Mortgage Loan Number | |||||
1 | St. Johns Town Center | Simon Property Group & Deutsche Bank Asset & Wealth Management | Y-Group A | 1 | ||||||
2 | Colorado Mills | Simon Property Group | Y-Group A | 2 | ||||||
3 | Plaza Vista | EverWest, LLC | 3 | |||||||
4 | Four Seasons Hotel - Seattle | 9,450,000 | The Seattle Hotel Group, LLC | 4 | ||||||
5 | 529 Bryant Street | Menlo Equities LLC | 5 | |||||||
6 | Granada Gardens | Michael E. Gibbons | Y-Group B | 6 | ||||||
7 | Tobin Lofts | The NRP Group | 7 | |||||||
8 | Madison Park Office Portfolio | Howard Lavitt; Edward J. Kulik, Jr. | 8 | |||||||
8.01 | National General Buildings | 8.01 | ||||||||
8.02 | Lowe’s Buildings | 8.02 | ||||||||
8.03 | BCBS Buildings | 8.03 | ||||||||
8.04 | 5635 Building | 8.04 | ||||||||
9 | Brookstone Park Apartments | Quentin Dastugue; Paul Dastugue; Pratt Provosty | 9 | |||||||
10 | Clarkwood Greens | Michael E. Gibbons | Y-Group B | 10 | ||||||
11 | DoubleTree - Virginia Beach | Mark F. Garcea; Page S. Johnson, II | 11 | |||||||
12 | All Storage Keller Haslet & Katy | Jay Schuminsky | Y-Group D | 12 | ||||||
13 | Twin Falls Portfolio | Jim Burgess; Jeff Burgess | 13 | |||||||
13.01 | Holiday Inn Express - Twin Falls | 13.01 | ||||||||
13.02 | Hampton Inn - Twin Falls | 13.02 | ||||||||
13.03 | Quality Inn - Twin Falls | 13.03 | ||||||||
14 | Residences at 865 East | Janis J. Brown; Dain T. Hammond; The Janis J. Brown Revocable Trust | 14 | |||||||
15 | Vista Verde Apartments | Erwin Sredni; Luis Delgado | Y-Group C | 15 | ||||||
16 | Georgia MHC Portfolio | Gary Bellomy; Wayne Siemens | 16 | |||||||
16.01 | Hunteridge | 16.01 | ||||||||
16.02 | Riverdale | 16.02 | ||||||||
16.03 | Jonesboro | 16.03 | ||||||||
17 | Sharon Park | Omid Bolour; Yakov Albaz | 17 | |||||||
18 | Six Trails Apartments | Derron Sanders; Joshua Griggs | 18 | |||||||
19 | New York Self Storage Portfolio | Robert Moser; Robert Morgan | 19 | |||||||
19.01 | Capital Self Storage - Liberty | 19.01 | ||||||||
19.02 | Capital Self Storage - New Hampton | 19.02 | ||||||||
19.03 | Rite Self Storage | 19.03 | ||||||||
20 | Elsinore Courtyard Apartments | Aubrey Carter Nowell | 20 | |||||||
21 | Kensington Commons | Matthew A. Sharp; J. David Kelsey | 21 | |||||||
22 | Southgate Mall | CCA Acquisition Company, LLC | 22 | |||||||
23 | The Falls at Tampa Bay | Erwin Sredni; Luis Delgado | Y-Group C | 23 | ||||||
24 | Creekside Village of Fairfield | Donald A. Direnzo, Jr.; Christina Direnzo | 24 | |||||||
25 | The Village at Mirror Lake | Craig and Maxine Bernstein | 25 | |||||||
26 | John Alden Apartments | Raymond Russo; Linda Russo | Y-Group E | 26 | ||||||
27 | Desert Sky Festival | Richard C. Decker; Decker Family II, LLLP | 27 | |||||||
28 | 276 Post Road West | Gerard Alexander Sponsor LLC | 28 | |||||||
29 | AMCP Portfolio | AG Net Lease III Corp; AG Net Lease III (SO) Corp | 29 | |||||||
29.01 | North Las Vegas - 1 West Mayflower ave | 29.01 | ||||||||
29.02 | North Las Vegas - Foremaster Lane | 29.02 | ||||||||
29.03 | North Las Vegas - Losee Road | 29.03 | ||||||||
29.04 | Atlantic City NJ | 29.04 | ||||||||
29.05 | Norwich CT | 29.05 | ||||||||
30 | Abbey Park Apartments | Edward B. Rosenbaum; Benjamin Stein; Joseph Norber | 30 | |||||||
31 | Hawthorne 40 Shopping Center | Thomas Kuo; The Estate of Christian E. Hansen | 31 | |||||||
32 | Great Petaluma Mill | Darla T. Flanagan individually and as trustee of the Flanagan Revocable Trust | 32 | |||||||
33 | Academy Sports - Anderson, SC | Richard Kassis | 33 | |||||||
34 | Crossing at Sun Meadow | Monument Real Estate Services & First Market Properties | Y-Group F | 34 | ||||||
35 | Chesapeake Pointe Apts | James E. Dixon Jr | 35 | |||||||
36 | Crossing at Burke Regency | Monument Real Estate Services & First Market Properties | Y-Group F | 36 | ||||||
37 | La Quinta Plainfield | Yagnesh Patel; Ichchhu Patel | 37 | |||||||
38 | Cornerstone Apartments | Brian Darisay and Graciela Ybarra | 38 | |||||||
39 | Elsea Mobile Village | Asa James Elsea | 39 | |||||||
40 | Inn at Queen Anne | Raymond Russo; Linda Russo | Y-Group E | 40 | ||||||
41 | All Storage Old Denton | Jay Schuminsky | Y-Group D | 41 | ||||||
42 | Sherman Crossroads | Zaffar S. Tabani | 42 | |||||||
43 | Brunswick Apartments | George M. Nyman; David T. Horton; George M. Nyman Reovocable Living Trust; David T. Horton Revocable Living Trust | 43 | |||||||
44 | Shaw’s Supermarkets Land Lease | James D. LaRocca; David H. Malcolm | 44 | |||||||
45 | Villa Nueva | Daniel E. Posner | 45 | |||||||
46 | Village on Lorna | Rafat Shaikh | 46 | |||||||
47 | Lewisville Shopping Center | Herman Singer; Ann Singer; Scott Singer | 47 | |||||||
48 | 855 Ridge Lake | Adir Levitas | 48 | |||||||
49 | Villages of Capital Pointe | Christopher A. Kouza | 49 | |||||||
50 | Stones Crossing II & Mooresville II & III | Donald J. Thorp | 50 | |||||||
50.01 | Stones Crossing II | 50.01 | ||||||||
50.02 | Mooresville II & III | 50.02 | ||||||||
51 | Cathedral Towne Villas Apartments | Raymond Russo; Linda Russo | Y-Group E | 51 | ||||||
52 | Walgreens - Savannah | Rafi Nourafchan | 52 | |||||||
53 | Texas Avenue at Redmond | Bradley B. Jones | 53 | |||||||
54 | Crossing at Allen Square | Monument Real Estate Services & First Market Properties | Y-Group F | 54 | ||||||
55 | Sunrise Plaza | US Property Trust North America LLC | 55 | |||||||
56 | Shops at Bay City Mall | R. Bruce Aikens, Jr. | 56 | |||||||
57 | College MHC | David Worth | 57 | |||||||
58 | Maxwell Apartments | Raymond Russo; Linda Russo | Y-Group E | 58 | ||||||
59 | Honeydale MHP | Emery J. Yuhasz, Jr. | 59 |
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WFRBS Commercial Mortgage Trust 2014-C25
FOOTNOTES TO ANNEX A |
See “Annex D: Additional Mortgage Loan Information/Definitions” in the Free Writing Prospectus for additional information on all mortgage loans and “Annex B: Top Fifteen Loan Summaries” in the Free Writing Prospectus. | |
(1) | “WFB” denotes Wells Fargo Bank, National Association, “RBS” denotes The Royal Bank of Scotland plc, “LIG I” denotes Liberty Island Group I LLC, “CIIICM” denotes C-III Commercial Mortgage LLC, “Basis” denotes Basis Real Estate Capital II, LLC, and “SPREF” denotes Silverpeak Real Estate Finance LLC. |
(2) | For mortgage loan #32 (Great Petaluma Mill), the Number of Units includes 37,867 square feet of retail space and 8,081 square feet of office space. |
(3) | For mortgage loan #1 (St. Johns Town Center), the mortgage loan represents Note A-4, Note A-5 and Note A-6 of six pari passu notes, which have a combined Cut-off Date principal balance of $203,500,000. Note A-1, A-2 and Note A-3 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1, Note A-2, Note A-3, Note A-4, Note A-5 and Note A-6 in the aggregate (“St. Johns Town Center Pooled Loan Combination”). The Note A-4, Note A-5 and Note A-6 mortgage loans are non-controlling interests in St. Johns Town Center Pooled Loan Combination. Notes B-1, B-2 and B-3 are subordinate, companion loans to the St. Johns Town Center Pooled Loan Combination (collectively, with the St. Johns Town Center Pooled Loan Combination, the “St. Johns Town Center Loan Combination”) and will be the controlling interest on the St. Johns Town Center Loan Combination and have a combined Cut-off Date principal balance of $146,500,000 and will be contributed to the WFRBS 2014-C24 Trust. |
For mortgage loan #2 (Colorado Mills), the mortgage loan represents Note A-1 of two pari passu companion loans, which have a combined Cut-off Date principal balance of $136,000,000. Note A-2 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1 and Note A-2 in the aggregate (“Colorado Mills Loan Combination”). The Note A-1 mortgage loan is the controlling interest in the Colorado Mills Loan Combination. | |
For mortgage loan #29 (AMCP Portfolio), the mortgage loan represents Note A-1 of two pari passu notes, which have a combined Cut-off Date principal balance of $24,050,000. Note A-2 is not included in the trust. All LTV DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented is based on Note A-1 and Note A-2 in the aggregate (“AMCP Portfolio Loan Combination”). The Note A-1 mortgage loan is the non-controlling interest in the AMCP Portfolio Loan Combination. | |
(4) | For mortgage loan #27 (Desert Sky Festival), if the ground lessor exercises its purchase option prior to December 1, 2016, the borrower has the right to prepay the mortgage loan in whole, but not in part, accompanied with the payment of a yield maintenance premium equal to the greater of 3% of the amount being prepaid or the present value of all unpaid principal and interest through August 1, 2024. |
(5) | For mortgage loan #27 (Desert Sky Festival), the as-is appraised value was $11,600,000, assuming the fifth largest tenant (5,419 square feet), representing 4.2% of net rentable square feet, has recently signed a lease but is not in occupancy nor paying rent. The Cut-off Date LTV Ratio and LTV Ratio at Maturity based on the as-is appraised value are 77.4% and 56.6%, respectively. The Appraised Value represents the value given that the tenant is in occupancy as of February 1, 2015. There is a $1,260,079 reserve related to the build out of the fifth largest tenant’s space. |
(6) | In certain cases, mortgage loans may have tenants that have executed leases, but may not be fully paying rent or occupying the related leased premises, that were included in the underwriting. The tenant leases discussed in this footnote are not intended to be an exclusive list. In particular, the tenant leases mentioned below are generally included only for top five tenants by net rentable square feet. |
For mortgage loan #3 (Plaza Vista), the third largest tenant (5,197 square feet), representing 2.0% of net rentable square feet, has abated rent through December 2014. | |
For mortgage loan #22 (Southgate Mall), the second largest tenant (48,428 square feet), representing 30.4% of net rentable square feet, is currently utilizing 10,000 square feet of its space and is expected to take occupancy and commence rental payments in the remaining 38,428 square feet in December 2014. | |
For mortgage loan #27 (Desert Sky Festival), the fifth largest tenant (5,419 square feet), representing 4.2% of net rentable square feet, has executed a lease but is not in occupancy or paying rent. The fifth largest tenant is anticipated to begin paying rent in January 2015. There is a $1,260,079 reserve related to the fifth largest tenant. | |
For mortgage loan #28 (276 Post Road West), the second largest tenant (11,873 square feet), representing 36.1% of net rentable square feet, has abated rent for the month of January, 2015. There is a $33,640 reserve representing the outstanding rent abatement. | |
For mortgage loan #42 (Sherman Crossroads), the third largest tenant (5,075 square feet), representing 13.7% of net rentable square feet, is expected to take occupancy in December 2014 and commence rental payments in March 2015. | |
For mortgage loan #48 (855 Ridge Lake), the second largest tenant (17,846 square feet), representing 22.5% of net rentable square feet, has abated rent through March 2015. There is a $40,000 reserve representing the outstanding rent abatement. | |
(7) | For mortgage loan #5 (529 Bryant Street), the only tenant (45,319 square feet), representing 100% of net rentable square feet, subleases co-location/connection space to subtenants under co-location agreements. |
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WFRBS Commercial Mortgage Trust 2014-C25
FOOTNOTES TO ANNEX A |
(8) | The tenant early termination options discussed in this footnote are not intended to be an exclusive list. In particular, termination options based on co-tenancy clauses are generally included only for top five tenants by net rentable square feet if the option is currently or imminently exercisable. |
For mortgage loan #3 (Plaza Vista), the largest tenant (234,876 square feet), representing 92.6% of net rentable square feet, may terminate its lease on October 31, 2028 upon providing at least 24 months written notice and payment of a termination fee equal to $5,000,000. | |
For mortgage loan #8 (Madison Park Office Portfolio), the only tenant at the National General Buildings mortgaged property (116,048 square feet), representing 24.0% of the net rentable square feet of all the mortgaged properties securing the mortgage loan, may terminate its lease on September 30, 2021 upon providing written notice by September 30, 2020 and payment of a termination fee equal to three years base rent ($4,482,975) less the cost of janitorial services the landlord would have incurred if the lease were not terminated. The only tenant at the National General Buildings mortgaged property has a one-time option to surrender either the first floor (14,365 square feet) or the first and second floors (28,740 square feet) of the 5620 Building on October 1, 2021, upon providing notice by October 1, 2020 and payment of a downsize fee equal to all unamortized tenant improvements and leasing commissions related to the surrendered space. The second largest tenant at the BCBS Buildings mortgaged property (15,041 square feet), representing 3.1% of the net rentable square feet of all the mortgaged properties securing the mortgage loan, may terminate its lease on April 30, 2020, and every year thereafter, upon providing at least 180 days’ written notice and payment of a termination fee ($191,098 in 2020, $143,324 in 2021, $95,549 in 2022 and $47,775 in 2023). | |
For mortgage loan #27 (Desert Sky Festival), the third largest tenant (14,128 square feet), representing 10.9% of net rentable square feet, may terminate its lease if gross sales in any lease year through December 31, 2018 do not exceed $120 per square foot. The third largest tenant must provide six months’ written notice within 90 days after December 31, 2018 in order to exercise such termination option. | |
For mortgage loan #42 (Sherman Crossroads), the fifth largest tenant (3,334 square feet), representing 9.0% of net rentable square feet - whose lease is contingent upon the availability of annually appropriated funds - may terminate its lease in whole or in part at any time upon 60 days’ notice. | |
For mortgage loan #47 (Lewisville Shopping Center), the second largest tenant (10,611 square feet), representing 32.4% of net rentable square feet, has the one-time right to terminate its lease as of January 31, 2018 if sales in the 12 months ending January 31, 2017 do not exceed $2,100,000. The second largest tenant must provide notice within 30 days of January 31, 2017 and pay a termination fee equal to $75,000. | |
For mortgage loan #52 (Walgreens – Savannah), the only tenant (12,375 square feet), representing 100% of net rentable square feet, may terminate its lease on or after April 30, 2034, upon providing 12 months’ written notice. | |
For mortgage loan #53 (Texas Avenue at Redmond), the third largest tenant (2,640 square feet), representing 30.6% of net rentable square feet, has the one time right to terminate its lease if its gross sales are less than $1,500,000 during the lease year ending September 31, 2018, upon providing written notice no later than November 14, 2018 and payment of all unamortized tenant improvements and leasing commissions. | |
For mortgage loan #55 (Sunrise Plaza), the largest tenant (4,000 square feet), representing 30.1% of net rentable square feet, may terminate its lease if at any time any laws or other governmental restrictions are enacted which, in tenant’s sole discretion, have a material negative impact on its ability to conduct its business operations for its primary intended use. | |
(9) | For mortgage loan #11 (DoubleTree - Virginia Beach), the Monthly Tax Escrow and Monthly Insurance Escrow are payable each year on June 1, July 1, August 1, and September 1. |
(10) | For mortgage loan #4 (Four Seasons Hotel – Seattle), the Monthly Replacement Reserve will be adjusted to an amount equal the greatest of: (i) the Monthly Replacement Reserve immediately prior to the adjustment; (ii) 1/12th of 5% of operating income from the prior fiscal year; and (iii) the monthly amount required under the hotel management agreement. |
For mortgage loan #11 (Doubletree - Virginia Beach), starting in 2016, the Monthly Replacement Reserve is due on each June 1, July 1, August 1 and September 1 based on 1/4th of 4% of the hotel’s total revenues achieved in the previous year, but never less than the current Monthly Replacement Reserve. | |
For mortgage loan #37 (La Quinta Plainfield), the Monthly Replacement Reserve, to be adjusted annually each January, is equal to the greater of (1) 1/12th of 4% of the actual annual gross income and (2) such amount required by the related franchisor, but in no event may the Monthly Replacement Reserve be less than the current Monthly Replacement Reserve. Collection of the Monthly Replacement Reserve will commence on December 1, 2015. | |
(11) | For mortgage loan #3 (Plaza Vista), the Other Escrow I (Initial) will be disbursed on every payment date to make a bond payment and replenished every month with funds from the bond payment. |
(12) | For mortgage loan #11 (DoubleTree - Virginia Beach), the Other Escrow II is a Case Goods Reserve of $350,000 which will be taken during the first loan year based on four monthly payments of $87,500 on June 1, 2015, July 1, 2015, August 1, 2015, and September 1, 2015. The funds will be used no later than December 2016 to fund the purchase of new case goods for half |
A-23
WFRBS Commercial Mortgage Trust 2014-C25
FOOTNOTES TO ANNEX A |
of the hotel’s guest rooms. The borrower is then obligated to replenish the account by an additional $350,000 in order to fund the purchase of new case goods for the remainder of the hotel’s guest rooms no later than December 1, 2017. | |
(13) | For mortgage loan #48 (855 Ridge Lake) the mortgaged property includes a payment in lieu of taxes lease (“PILOT”) which gives the borrower a leasehold interest in the property. Once the PILOT lease expires on August 1, 2020 the property fee interest will be re-conveyed to the borrower upon execution of a $1,000 purchase option. The lessor under the PILOT lease has signed a joinder to the mortgage instrument thereby encumbering the fee interest. |
For mortgage loan #3 (Plaza Vista), the mortgaged property consists of the leasehold interest in two units, the office and the garage, of a three unit condominium regime (the hotel unit is excluded from the mortgaged property). The City of Kansas City is obligated to transfer the fee interest in the office unit and the garage unit to the borrower at the end of the respective lease terms for nominal amounts. | |
(14) | For mortgage loan #50 (Stones Crossing II & Mooresville II & III), the third largest tenant (4,100 square feet), at the Stones Crossing II mortgaged property, representing 11.2% of net rentable square feet of all the mortgaged properties securing the mortgage loan, is 45% owned by the mortgage loan sponsor. |
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