FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-207132-08 | ||
THIS FREE WRITING PROSPECTUS, DATEDOCTOBER 31, 2016 MAY BE AMENDED OR SUPPLEMENTED PRIOR TO TIME OF SALE
IMPORTANT NOTICE REGARDING THIS OFFERING OF ASSET-BACKED SECURITIES
THE SECURITIES OFFERED BY THESE MATERIALS ARE BEING OFFERED WHEN, AS AND IF ISSUED. THIS FREE WRITING PROSPECTUS IS NOT AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY THESE SECURITIES IN ANY STATE OR OTHER JURISDICTION WHERE SUCH OFFER, SOLICITATION OR SALE IS NOT PERMITTED. THESE SECURITIES DO NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE DEPOSITOR, THE SPONSORS, THE ORIGINATORS, THE MASTER SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, THE OPERATING ADVISOR, THE ASSET REPRESENTATIONS REVIEWER, THE CONTROLLING CLASS REPRESENTATIVE, THE COMPANION LOAN HOLDERS (OR THEIR REPRESENTATIVES), THE UNDERWRITERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THESE SECURITIES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.
STATEMENT REGARDING THIS FREE WRITING PROSPECTUS
The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) (SEC File No. 333-207132) 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 or Citigroup Global Markets Inc., Barclays Capital Inc., Cantor Fitzgerald & Co., or any other underwriter or dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-831-9146.
IMPORTANT NOTICE RELATING TO AUTOMATICALLY GENERATED EMAIL DISCLAIMERS
Any legends, disclaimers or other notices that may appear at the bottom of the email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation being made that these materials are accurate or complete and that these materials may not be updated or (3) these materials possibly being confidential, are, in each case, 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.
| ||
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Related Group | Crossed Group | Address | City | State | Zip Code | General Property Type | Detailed Property Type | Year Built | Year Renovated | Units, Pads, Rooms, SF | Unit Description | Loan Per Unit ($) |
1 | Loan | 8, 9 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A. | Briarwood Mall | Group 1 | NAP | 100 Briarwood Circle | Ann Arbor | Michigan | 48108 | Retail | Super Regional Mall | 1973 | 2013 | 369,916 | SF | 446.05 |
2 | Loan | 10 | RMF | RMF | The Townhouse Apartments - Stamford | NAP | NAP | 65 and 75-77 Prospect Street | Stamford | Connecticut | 06901 | Multifamily | High Rise | 1956, 1963 | 2015-2016 | 270 | Units | 214,814.81 |
3 | Loan | 11, 12, 13, 14 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A., Wells Fargo Bank, National Association | 101 Hudson Street | NAP | NAP | 101 Hudson Street | Jersey City | New Jersey | 07302 | Office | CBD | 1992 | NAP | 1,341,649 | SF | 186.34 |
4 | Loan | 15, 16 | CGMRC | CGMRC, LCF | 80 Park Plaza | NAP | NAP | 80 Park Plaza | Newark | New Jersey | 07102 | Office | CBD | 1979 | 2015 | 960,689 | SF | 138.44 |
5 | Loan | 17, 18, 19, 20, 21 | CGMRC | CGMRC | Belvoir Portfolio | NAP | NAP | 347,214 | SF | 120.96 | ||||||||
5.01 | Property | 225 Chapman Street | 225 Chapman Street | Providence | Rhode Island | 02905 | Office | Medical | 1929 | 2000 | 56,048 | SF | ||||||
5.02 | Property | 245 Chapman Street | 245 Chapman Street | Providence | Rhode Island | 02905 | Office | Medical | 1940 | 2013 | 41,208 | SF | ||||||
5.03 | Property | 717 Allens Avenue | 717 Allens Avenue | Providence | Rhode Island | 02905 | Office | Medical | 1960 | 2009 | 44,810 | SF | ||||||
5.04 | Property | 1 Virginia Avenue | 1 Virginia Avenue | Providence | Rhode Island | 02905 | Office | Medical | 1950-1955 | 2014 | 37,725 | SF | ||||||
5.05 | Property | 765 Allens Avenue | 765 Allens Avenue | Providence | Rhode Island | 02905 | Office | Medical | 1940 | 2006 | 36,451 | SF | ||||||
5.06 | Property | 17 Virginia Avenue | 17 Virginia Avenue | Providence | Rhode Island | 02905 | Office | Medical | 1940 | 2008 | 32,568 | SF | ||||||
5.07 | Property | 117 Ellenfield Street | 117 Ellenfield Street | Providence | Rhode Island | 02905 | Office | Medical | 1955 | 2011 | 24,659 | SF | ||||||
5.08 | Property | 240 Chapman Street | 240 Chapman Street | Providence | Rhode Island | 02905 | Office | Medical | 1985-1992 | 2013 | 20,000 | SF | ||||||
5.09 | Property | 45 Baker Street | 45 Baker Street | Providence | Rhode Island | 02905 | Office | Medical | 1965 | 2010 | 16,600 | SF | ||||||
5.10 | Property | 63 Baker Street | 63 Baker Street | Providence | Rhode Island | 02905 | Office | Medical | 1940 | 2011 | 12,600 | SF | ||||||
5.11 | Property | 78 Baker Street | 78 Baker Street | Providence | Rhode Island | 02905 | Office | Medical | 1940 | 2011 | 12,625 | SF | ||||||
5.12 | Property | 75 Baker Street | 75 Baker Street | Providence | Rhode Island | 02905 | Office | Medical | 1940 | 2010 | 11,920 | SF | ||||||
6 | Loan | 22, 23, 24, 25 | CCRE | CCRE, SG, Bank of America, N.A. and Barclays Bank PLC | Potomac Mills | Group 1 | NAP | 2700 Potomac Mills Circle | Woodbridge | Virginia | 22192 | Retail | Super Regional Mall | 1985 | 2005, 2012 | 1,459,997 | SF | 199.32 |
7 | Loan | 26, 27, 28, 29, 30, 31, 32, 33 | CCRE | CCRE | Hill7 Office | NAP | NAP | 1099 Stewart Street | Seattle | Washington | 98101 | Office | CBD | 2016 | NAP | 285,680 | SF | 353.54 |
8 | Loan | 34, 35, 36, 37 | Barclays Bank PLC | Barclays Bank PLC | Quantum Park | NAP | NAP | 22001 Loudoun County Parkway | Ashburn | Virginia | 20147 | Office | Suburban | 1998, 2001 | NAP | 942,843 | SF | 140.00 |
9 | Loan | 38, 39, 40, 41 | CGMRC | CGMRC | College Boulevard Portfolio | NAP | NAP | 768,461 | SF | 91.62 | ||||||||
9.01 | Property | 7101 College Boulevard | 7101 College Boulevard | Overland Park | Kansas | 66210 | Office | Suburban | 1986 | NAP | 228,660 | SF | ||||||
9.02 | Property | Commerce Plaza I | 7300 West 110th Street | Overland Park | Kansas | 66210 | Office | Suburban | 1985 | NAP | 158,095 | SF | ||||||
9.03 | Property | Commerce Plaza II | 7400 West 110th Street | Overland Park | Kansas | 66210 | Office | Suburban | 1989 | NAP | 127,370 | SF | ||||||
9.04 | Property | Financial Plaza III | 6900 College Boulevard | Overland Park | Kansas | 66210 | Office | Suburban | 1985 | NAP | 147,952 | SF | ||||||
9.05 | Property | Financial Plaza II | 6800 College Boulevard | Overland Park | Kansas | 66210 | Office | Suburban | 1985 | NAP | 106,384 | SF | ||||||
10 | Loan | 42, 43, 44, 45 | CGMRC, RMF | CGMRC, RMF | Marriott Hilton Head Resort & Spa | Group 3 | NAP | 1 Hotel Circle | Hilton Head Island | South Carolina | 29928 | Hospitality | Full Service | 1976, 1985 | 2015 | 513 | Rooms | 190,734.61 |
11 | Loan | CGMRC | CGMRC | Lightstone Hotel Portfolio | NAP | NAP | 264 | Rooms | 107,454.05 | |||||||||
11.01 | Property | Home2 Suites Seattle Airport | 380 Upland Drive | Tukwila | Washington | 98188 | Hospitality | Extended Stay | 2015 | NAP | 139 | Rooms | ||||||
11.02 | Property | Home2 Suites Salt Lake City/South Jordan | 10704 South River Front Parkway | South Jordan | Utah | 84095 | Hospitality | Extended Stay | 2013 | NAP | 125 | Rooms | ||||||
12 | Loan | 46, 47, 48 | CCRE | CCRE | Mills Fleet Farm | NAP | NAP | 1,039,368 | SF | 62.25 | ||||||||
12.01 | Property | Mills Fleet Farm - Fargo, ND | 3730 36th Street South | Fargo | North Dakota | 58104 | Retail | Single Tenant Retail | 1996 | NAP | 244,268 | SF | ||||||
12.02 | Property | Mills Fleet Farm - Green Bay (East), WI | 2460 Main Street | Green Bay | Wisconsin | 54311 | Retail | Single Tenant Retail | 1966-1995 | NAP | 228,197 | SF | ||||||
12.03 | Property | Mills Fleet Farm - Mankato, MN | 1821 & 1850 Premier Drive | Mankato | Minnesota | 56001 | Retail | Single Tenant Retail | 2015 | NAP | 207,610 | SF | ||||||
12.04 | Property | Mills Fleet Farm - Hudson, WI | 1001 Industrial Street | Hudson | Wisconsin | 54016 | Retail | Single Tenant Retail | 1992 | NAP | 185,630 | SF | ||||||
12.05 | Property | Mills Fleet Farm - Marshfield, WI | 1101 West Upham Street | Marshfield | Wisconsin | 54449 | Retail | Single Tenant Retail | 1979-1987 | NAP | 173,663 | SF | ||||||
13 | Loan | 49, 50 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio I | Group 2 | NAP | 300 | Rooms | 75,632.43 | ||||||||
13.01 | Property | Hyatt House Charlotte | 4920 South Tryon Street | Charlotte | North Carolina | 28217 | Hospitality | Extended Stay | 1989 | 2013-2014 | 136 | Rooms | ||||||
13.02 | Property | Hampton Inn Muskegon | 1401 East Ellis Road | Muskegon | Michigan | 49444 | Hospitality | Limited Service | 1999 | 2013 | 81 | Rooms | ||||||
13.03 | Property | Fairfield Inn & Suites Norton Shores | 1520 East Mount Garfield Road | Muskegon | Michigan | 49444 | Hospitality | Limited Service | 2003 | 2013 | 83 | Rooms | ||||||
14 | Loan | 51, 52 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio II | Group 2 | NAP | 188 | Rooms | 100,738.86 | ||||||||
14.01 | Property | Residence Inn Boise | 7303 West Denton Street | Boise | Idaho | 83704 | Hospitality | Extended Stay | 2005 | 2014-2015 | 104 | Rooms | ||||||
14.02 | Property | Residence Inn Spokane | 15915 East Indiana Avenue | Spokane Valley | Washington | 99216 | Hospitality | Extended Stay | 2001 | 2009 | 84 | Rooms | ||||||
15 | Loan | Barclays Bank PLC | Barclays Bank PLC | Las Palmas I, II, III | Group 4 | NAP | 160 North Linden Avenue | Rialto | California | 92376 | Multifamily | Garden | 1987, 1990 | NAP | 212 | Units | 79,009.43 | |
16 | Loan | 53, 54 | CGMRC | CGMRC | Broward County Office Portfolio | NAP | NAP | 161,606 | SF | 89.72 | ||||||||
16.01 | Property | Bank of America Center | 1401 North University Drive | Coral Springs | Florida | 33071 | Office | Suburban | 1986 | NAP | 49,029 | SF | ||||||
16.02 | Property | Park Central Building 1 | 1100 Park Central Boulevard South | Pompano Beach | Florida | 33064 | Office | Suburban | 1986 | 2004 | 75,954 | SF | ||||||
16.03 | Property | Regions Bank Building | 450 North Park Road | Hollywood | Florida | 33021 | Office | Suburban | 1974 | NAP | 36,623 | SF | ||||||
17 | Loan | Barclays Bank PLC | Barclays Bank PLC | North Pointe - Riverside | Group 4 | NAP | 5829 Montgomery Street | Riverside | California | 92503 | Multifamily | Garden | 1973 | NAP | 140 | Units | 96,428.57 | |
18 | Loan | 55, 56 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio III | Group 2 | NAP | 200 | Rooms | 60,682.41 | ||||||||
18.01 | Property | Fairfield Inn & Suites Lexington | 3050 Lakecrest Circle | Lexington | Kentucky | 40513 | Hospitality | Limited Service | 1994 | 2015 | 60 | Rooms | ||||||
18.02 | Property | Fairfield Inn & Suites Dayton | 8035 Washington Village Drive | Dayton | Ohio | 45458 | Hospitality | Limited Service | 1999 | 2013 | 80 | Rooms | ||||||
18.03 | Property | Fairfield Inn & Suites Ashland | 10945 US-60 | Ashland | Kentucky | 41102 | Hospitality | Limited Service | 1994 | 2013 | 60 | Rooms | ||||||
19 | Loan | CCRE | CCRE | Southland Office Center | NAP | NAP | 24301 Southland Drive | Hayward | California | 94545 | Office | Suburban | 1969 | 2001 | 132,774 | SF | 90.94 | |
20 | Loan | 57, 58 | RMF | RMF | The Bristol Hotel | NAP | NAP | 1055 1st Avenue | San Diego | California | 92101 | Hospitality | Limited Service | 1969 | 2009 | 102 | Rooms | 117,520.56 |
21 | Loan | 59 | RMF | RMF | 444 Connecticut Avenue | NAP | NAP | 444 Connecticut Avenue | Norwalk | Connecticut | 06854 | Retail | Single Tenant Retail | 1998 | NAP | 33,790 | SF | 337.38 |
22 | Loan | CGMRC | CGMRC | Mariposa Plaza | NAP | NAP | 1190 South Dixie Highway | Coral Gables | Florida | 33146 | Retail | Unanchored | 1962, 1993 | 2014 | 28,421 | SF | 369.45 | |
23 | Loan | 60 | CGMRC | CGMRC | Hampton Inn & Suites Tempe ASU Area | NAP | NAP | 1415 North Scottsdale Road | Tempe | Arizona | 85281 | Hospitality | Limited Service | 2015 | NAP | 117 | Rooms | 84,505.03 |
24 | Loan | 61 | RMF | RMF | Staybridge Suites - Merrillville | NAP | NAP | 8415 Louisiana Street | Merrillville | Indiana | 46410 | Hospitality | Extended Stay | 2015 | NAP | 81 | Rooms | 116,983.75 |
25 | Loan | 62 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Torrance, CA | Group 5 | NAP | 2545 West 190th Street | Torrance | California | 90504 | Self Storage | Self Storage | 1960 | 2003 | 100,268 | SF | 90.88 |
26 | Loan | 63, 64 | CGMRC | CGMRC | Homewood Suites Overland Park | NAP | NAP | 10556 Marty Street | Overland Park | Kansas | 66212 | Hospitality | Extended Stay | 1996 | 2008 | 92 | Rooms | 81,403.09 |
27 | Loan | 65 | Barclays Bank PLC | Barclays Bank PLC | Hammer Lane Self Storage | NAP | NAP | 6220 Sampson Road | Stockton | California | 95212 | Self Storage | Self Storage | 2003 | NAP | 158,414 | SF | 46.40 |
28 | Loan | 66, 67 | CCRE | CCRE | Marriott Saddle Brook | Group 3 | NAP | 138 New Pehle Avenue | Saddle Brook | New Jersey | 07663 | Hospitality | Full Service | 1966 | 2009 | 241 | Rooms | 112,637.30 |
29 | Loan | CGMRC | CGMRC | Brookdale Shopping Center | NAP | NAP | 22177-22385 Pontiac Trail | South Lyon | Michigan | 48178 | Retail | Shadow Anchored | 1979, 1981, 1988 | NAP | 94,638 | SF | 72.83 | |
30 | Loan | RMF | RMF | Parkview Apartments | Group 6 | NAP | 1200 West Taylor Street | Sherman | Texas | 75092 | Multifamily | Garden | 1979, 1981 | NAP | 200 | Units | 33,213.41 | |
31 | Loan | 68 | CGMRC | CGMRC | NC Self Storage | NAP | NAP | 211 Trimble Plant Road | Southern Pines | North Carolina | 28387 | Mixed Use | Self Storage/Warehouse | 1959, 1980, 2008, 2012 | NAP | 186,428 | SF | 34.82 |
32 | Loan | 69 | RMF | RMF | Town House Apartments - Memphis | NAP | NAP | 1437 Central Avenue | Memphis | Tennessee | 38104 | Multifamily | High Rise | 1963 | NAP | 163 | Units | 38,036.81 |
33 | Loan | RMF | RMF | Preston Racquet Club Condominiums | Group 6 | NAP | 5840 Spring Valley Road | Dallas | Texas | 75254 | Multifamily | Garden | 1981 | NAP | 112 | Units | 53,571.43 |
A-1 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Related Group | Crossed Group | Address | City | State | Zip Code | General Property Type | Detailed Property Type | Year Built | Year Renovated | Units, Pads, Rooms, SF | Unit Description | Loan Per Unit ($) |
34 | Loan | Barclays Bank PLC | Barclays Bank PLC | Landerhaven Office Park | NAP | NAP | 6001-6009 Landerhaven Drive | Mayfield Heights | Ohio | 44124 | Office | Suburban | 1987 | NAP | 74,767 | SF | 72.89 | |
35 | Loan | 70 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Pomona, CA | Group 5 | NAP | 863 Towne Center Drive | Pomona | California | 91767 | Self Storage | Self Storage | 1997 | NAP | 69,205 | SF | 78.39 |
36 | Loan | 71 | CGMRC | CGMRC | Rite Aid - ACV Portfolio #1 | NAP | NAP | 22,383 | SF | 236.79 | ||||||||
36.01 | Property | 7700 Shepherdsville Road - Louisville, KY | 7700 Shepherdsville Road | Louisville | Kentucky | 40219 | Retail | Single Tenant Retail | 2006 | NAP | 11,180 | SF | ||||||
36.02 | Property | 7500 Terry Road - Louisville, KY | 7500 Terry Road | Louisville | Kentucky | 40258 | Retail | Single Tenant Retail | 2006 | NAP | 11,203 | SF | ||||||
37 | Loan | 72 | CGMRC | CGMRC | Regis Houze Apartments | NAP | NAP | 3071 West Grand Boulevard | Detroit | Michigan | 48202 | Mixed Use | Multifamily/Retail | 1988 | 2014-2016 | 58 | Units | 90,086.21 |
38 | Loan | CCRE | CCRE | Oakdale Shopping Center | NAP | NAP | 800-888 North Yosemite Avenue | Oakdale | California | 95361 | Retail | Anchored | 1978 | 2008 | 94,763 | SF | 51.54 | |
39 | Loan | 73 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Rosemead, CA | Group 5 | NAP | 8659 Garvey Avenue | Rosemead | California | 91770 | Self Storage | Self Storage | 1974 | NAP | 42,125 | SF | 112.88 |
40 | Loan | 74 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Diamond Bar, CA | Group 5 | NAP | 21320 Golden Springs Drive | Diamond Bar | California | 91789 | Self Storage | Self Storage | 1980 | NAP | 54,645 | SF | 85.83 |
41 | Loan | Barclays Bank PLC | Barclays Bank PLC | Congress Pointe Shopping Center | NAP | NAP | 4455 South Congress Avenue | Lake Worth | Florida | 33461 | Retail | Unanchored | 1986 | NAP | 36,356 | SF | 110.02 | |
42 | Loan | 75 | CCRE | CCRE | Grand Avenue Business Plaza | Group 7 | NAP | 670 West San Marcos Boulevard | San Marcos | California | 92078 | Retail | Shadow Anchored | 2003 | 2006 | 6,962 | SF | 407.65 |
43 | Loan | 76, 77 | CCRE | CCRE | Fresenius Birmingham | NAP | NAP | 3671 Roosevelt Boulevard | Birmingham | Alabama | 35235 | Office | Medical | 2016 | NAP | 8,222 | SF | 340.55 |
44 | Loan | CCRE | CCRE | Overland Corporate B Building | Group 7 | NAP | 41607 Margarita Road | Temecula | California | 92591 | Office | Suburban | 2004 | NAP | 9,761 | SF | 184.01 |
A-2 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Ownership Interest | Original Balance ($) | Cut-off Date Balance ($) | Allocated Cut-off Date Loan Amount ($) | % of Initial Pool Balance | Balloon Balance ($) | Mortgage Loan Rate (%) | Administrative Fee Rate (%) (1) | Net Mortgage Loan Rate (%) | Monthly Debt Service ($) (2) | Annual Debt Service ($) | Pari Companion Loan Monthly Debt Service ($) | Pari Companion Loan Annual Debt Service ($) | Amortization Type |
1 | Loan | 8, 9 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A. | Briarwood Mall | Fee Simple | 65,000,000 | 65,000,000 | 65,000,000 | 8.6% | 65,000,000 | 3.292000% | 0.01560% | 3.276400% | 180,793.29 | 2,169,519.48 | 278,143.52 | 3,337,722.24 | Interest Only |
2 | Loan | 10 | RMF | RMF | The Townhouse Apartments - Stamford | Fee Simple | 58,000,000 | 58,000,000 | 58,000,000 | 7.7% | 58,000,000 | 4.310000% | 0.01560% | 4.294400% | 211,209.95 | 2,534,519.40 | Interest Only | ||
3 | Loan | 11, 12, 13, 14 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A., Wells Fargo Bank, National Association | 101 Hudson Street | Fee Simple | 56,250,000 | 56,250,000 | 56,250,000 | 7.4% | 56,250,000 | 3.117000% | 0.01560% | 3.101400% | 148,138.67 | 1,777,664.04 | 510,255.43 | 6,123,065.16 | Interest Only |
4 | Loan | 15, 16 | CGMRC | CGMRC, LCF | 80 Park Plaza | Fee Simple | 50,000,000 | 50,000,000 | 50,000,000 | 6.6% | 43,719,608 | 4.450000% | 0.01560% | 4.434400% | 251,859.38 | 3,022,312.56 | 418,086.57 | 5,017,038.84 | Interest Only, Then Amortizing |
5 | Loan | 17, 18, 19, 20, 21 | CGMRC | CGMRC | Belvoir Portfolio | 42,000,000 | 42,000,000 | 42,000,000 | 5.6% | 35,619,189 | 4.240000% | 0.01560% | 4.224400% | 206,368.95 | 2,476,427.40 | Interest Only, Then Amortizing | |||
5.01 | Property | 225 Chapman Street | Fee Simple | 6,440,000 | |||||||||||||||
5.02 | Property | 245 Chapman Street | Fee Simple | 5,250,000 | |||||||||||||||
5.03 | Property | 717 Allens Avenue | Fee Simple | 5,040,000 | |||||||||||||||
5.04 | Property | 1 Virginia Avenue | Fee Simple | 4,690,000 | |||||||||||||||
5.05 | Property | 765 Allens Avenue | Fee Simple | 4,480,000 | |||||||||||||||
5.06 | Property | 17 Virginia Avenue | Fee Simple | 4,340,000 | |||||||||||||||
5.07 | Property | 117 Ellenfield Street | Fee Simple | 3,220,000 | |||||||||||||||
5.08 | Property | 240 Chapman Street | Fee Simple | 2,240,000 | |||||||||||||||
5.09 | Property | 45 Baker Street | Fee Simple | 2,100,000 | |||||||||||||||
5.10 | Property | 63 Baker Street | Fee Simple | 1,610,000 | |||||||||||||||
5.11 | Property | 78 Baker Street | Fee Simple | 1,330,000 | |||||||||||||||
5.12 | Property | 75 Baker Street | Fee Simple | 1,260,000 | |||||||||||||||
6 | Loan | 22, 23, 24, 25 | CCRE | CCRE, SG, Bank of America, N.A. and Barclays Bank PLC | Potomac Mills | Fee Simple | 35,000,000 | 35,000,000 | 35,000,000 | 4.6% | 35,000,000 | 2.988213% | 0.01560% | 2.972613% | 88,366.72 | 1,060,400.64 | 646,339.41 | 7,756,072.97 | Interest Only |
7 | Loan | 26, 27, 28, 29, 30, 31, 32, 33 | CCRE | CCRE | Hill7 Office | Fee Simple | 30,000,000 | 30,000,000 | 30,000,000 | 4.0% | 30,000,000 | 3.383000% | 0.03560% | 3.347400% | 85,749.65 | 1,028,995.80 | 202,940.84 | 2,435,290.08 | Interest Only - ARD |
8 | Loan | 34, 35, 36, 37 | Barclays Bank PLC | Barclays Bank PLC | Quantum Park | Fee Simple | 30,000,000 | 30,000,000 | 30,000,000 | 4.0% | 30,000,000 | 3.688500% | 0.01560% | 3.672900% | 93,493.23 | 1,121,918.76 | 317,876.98 | 3,814,523.76 | Interest Only - ARD |
9 | Loan | 38, 39, 40, 41 | CGMRC | CGMRC | College Boulevard Portfolio | 30,000,000 | 29,961,377 | 29,961,377 | 4.0% | 23,957,285 | 4.150000% | 0.01560% | 4.134400% | 145,831.00 | 1,749,972.00 | 196,871.84 | 2,362,462.08 | Amortizing | |
9.01 | Property | 7101 College Boulevard | Fee Simple | 9,925,477 | |||||||||||||||
9.02 | Property | Commerce Plaza I | Fee Simple | 6,724,454 | |||||||||||||||
9.03 | Property | Commerce Plaza II | Fee Simple | 5,482,033 | |||||||||||||||
9.04 | Property | Financial Plaza III | Fee Simple | 5,093,818 | |||||||||||||||
9.05 | Property | Financial Plaza II | Fee Simple | 2,735,596 | |||||||||||||||
10 | Loan | 42, 43, 44, 45 | CGMRC, RMF | CGMRC, RMF | Marriott Hilton Head Resort & Spa | Fee Simple | 30,000,000 | 29,953,118 | 29,953,118 | 4.0% | 22,362,484 | 4.920000% | 0.01560% | 4.904400% | 173,981.56 | 2,087,778.72 | 394,358.19 | 4,732,298.28 | Amortizing |
11 | Loan | CGMRC | CGMRC | Lightstone Hotel Portfolio | 28,400,000 | 28,367,869 | 28,367,869 | 3.7% | 26,082,752 | 4.730000% | 0.01560% | 4.714400% | 147,805.67 | 1,773,668.04 | Amortizing | ||||
11.01 | Property | Home2 Suites Seattle Airport | Fee Simple | 17,260,849 | |||||||||||||||
11.02 | Property | Home2 Suites Salt Lake City/South Jordan | Fee Simple | 11,107,020 | |||||||||||||||
12 | Loan | 46, 47, 48 | CCRE | CCRE | Mills Fleet Farm | 28,000,000 | 27,869,389 | 27,869,389 | 3.7% | 22,830,344 | 4.750000% | 0.03560% | 4.714400% | 146,061.25 | 1,752,735.00 | 193,009.52 | 2,316,114.24 | Amortizing | |
12.01 | Property | Mills Fleet Farm - Fargo, ND | Fee Simple | 6,697,401 | |||||||||||||||
12.02 | Property | Mills Fleet Farm - Green Bay (East), WI | Fee Simple | 6,670,064 | |||||||||||||||
12.03 | Property | Mills Fleet Farm - Mankato, MN | Fee Simple | 5,644,952 | |||||||||||||||
12.04 | Property | Mills Fleet Farm - Hudson, WI | Fee Simple | 4,592,504 | |||||||||||||||
12.05 | Property | Mills Fleet Farm - Marshfield, WI | Fee Simple | 4,264,468 | |||||||||||||||
13 | Loan | 49, 50 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio I | 22,715,000 | 22,689,728 | 22,689,728 | 3.0% | 18,552,248 | 4.803000% | 0.01560% | 4.787400% | 119,218.93 | 1,430,627.16 | Amortizing | |||
13.01 | Property | Hyatt House Charlotte | Fee Simple | 12,386,204 | |||||||||||||||
13.02 | Property | Hampton Inn Muskegon | Fee Simple | 5,393,992 | |||||||||||||||
13.03 | Property | Fairfield Inn & Suites Norton Shores | Fee Simple | 4,909,532 | |||||||||||||||
14 | Loan | 51, 52 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio II | 18,960,000 | 18,938,906 | 18,938,906 | 2.5% | 15,485,389 | 4.803000% | 0.01560% | 4.787400% | 99,510.94 | 1,194,131.28 | Amortizing | |||
14.01 | Property | Residence Inn Boise | Fee Simple | 10,298,530 | |||||||||||||||
14.02 | Property | Residence Inn Spokane | Fee Simple | 8,640,376 | |||||||||||||||
15 | Loan | Barclays Bank PLC | Barclays Bank PLC | Las Palmas I, II, III | Fee Simple | 16,750,000 | 16,750,000 | 16,750,000 | 2.2% | 13,431,796 | 4.269100% | 0.01560% | 4.253500% | 82,587.33 | 991,047.96 | Amortizing | |||
16 | Loan | 53, 54 | CGMRC | CGMRC | Broward County Office Portfolio | 14,500,000 | 14,500,000 | 14,500,000 | 1.9% | 14,500,000 | 3.700000% | 0.01560% | 3.684400% | 45,329.28 | 543,951.36 | Interest Only | |||
16.01 | Property | Bank of America Center | Fee Simple | 5,300,000 | |||||||||||||||
16.02 | Property | Park Central Building 1 | Fee Simple | 4,700,000 | |||||||||||||||
16.03 | Property | Regions Bank Building | Fee Simple | 4,500,000 | |||||||||||||||
17 | Loan | Barclays Bank PLC | Barclays Bank PLC | North Pointe - Riverside | Fee Simple | 13,500,000 | 13,500,000 | 13,500,000 | 1.8% | 10,825,627 | 4.269100% | 0.01560% | 4.253500% | 66,562.92 | 798,755.04 | Amortizing | |||
18 | Loan | 55, 56 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio III | 12,150,000 | 12,136,483 | 12,136,483 | 1.6% | 9,923,391 | 4.803000% | 0.01560% | 4.787400% | 63,768.87 | 765,226.44 | Amortizing | |||
18.01 | Property | Fairfield Inn & Suites Lexington | Fee Simple | 4,844,604 | |||||||||||||||
18.02 | Property | Fairfield Inn & Suites Dayton | Fee Simple | 4,245,272 | |||||||||||||||
18.03 | Property | Fairfield Inn & Suites Ashland | Fee Simple | 3,046,607 | |||||||||||||||
19 | Loan | CCRE | CCRE | Southland Office Center | Fee Simple | 12,100,000 | 12,074,328 | 12,074,328 | 1.6% | 11,211,679 | 5.320000% | 0.03560% | 5.284400% | 67,342.22 | 808,106.64 | Amortizing | |||
20 | Loan | 57, 58 | RMF | RMF | The Bristol Hotel | Fee Simple | 12,000,000 | 11,987,098 | 11,987,098 | 1.6% | 9,848,630 | 4.950000% | 0.01560% | 4.934400% | 64,052.40 | 768,628.80 | Amortizing | ||
21 | Loan | 59 | RMF | RMF | 444 Connecticut Avenue | Fee Simple | 11,400,000 | 11,400,000 | 11,400,000 | 1.5% | 10,000,321 | 4.590000% | 0.01560% | 4.574400% | 58,373.35 | 700,480.20 | Interest Only, Then Amortizing | ||
22 | Loan | CGMRC | CGMRC | Mariposa Plaza | Fee Simple | 10,500,000 | 10,500,000 | 10,500,000 | 1.4% | 8,476,064 | 4.460000% | 0.01560% | 4.444400% | 52,952.69 | 635,432.28 | Amortizing | |||
23 | Loan | 60 | CGMRC | CGMRC | Hampton Inn & Suites Tempe ASU Area | Fee Simple | 9,900,000 | 9,887,088 | 9,887,088 | 1.3% | 7,888,990 | 4.090000% | 0.06310% | 4.026900% | 47,779.23 | 573,350.76 | Amortizing | ||
24 | Loan | 61 | RMF | RMF | Staybridge Suites - Merrillville | Fee Simple | 9,500,000 | 9,475,684 | 9,475,684 | 1.3% | 7,655,700 | 4.410000% | 0.01560% | 4.394400% | 47,628.42 | 571,541.04 | Amortizing | ||
25 | Loan | 62 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Torrance, CA | Leasehold | 9,112,500 | 9,112,500 | 9,112,500 | 1.2% | 7,271,415 | 4.130000% | 0.01560% | 4.114400% | 44,190.18 | 530,282.16 | Amortizing | ||
26 | Loan | 63, 64 | CGMRC | CGMRC | Homewood Suites Overland Park | Fee Simple | 7,500,000 | 7,489,084 | 7,489,084 | 1.0% | 6,707,136 | 5.310000% | 0.01560% | 5.294400% | 45,209.46 | 542,513.52 | Amortizing | ||
27 | Loan | 65 | Barclays Bank PLC | Barclays Bank PLC | Hammer Lane Self Storage | Fee Simple | 7,350,000 | 7,350,000 | 7,350,000 | 1.0% | 7,350,000 | 4.080000% | 0.01560% | 4.064400% | 25,337.08 | 304,044.96 | Interest Only | ||
28 | Loan | 66, 67 | CCRE | CCRE | Marriott Saddle Brook | Fee Simple | 7,636,363 | 6,909,786 | 6,909,786 | 0.9% | 5,777,134 | 5.146000% | 0.03560% | 5.110400% | 38,197.93 | 458,375.16 | 111,865.39 | 1,342,384.68 | Amortizing |
29 | Loan | CGMRC | CGMRC | Brookdale Shopping Center | Fee Simple | 6,900,000 | 6,892,283 | 6,892,283 | 0.9% | 5,631,185 | 4.780000% | 0.06310% | 4.716900% | 36,118.54 | 433,422.48 | Amortizing | |||
30 | Loan | RMF | RMF | Parkview Apartments | Fee Simple | 6,650,000 | 6,642,681 | 6,642,681 | 0.9% | 5,439,810 | 4.850000% | 0.01560% | 4.834400% | 35,091.51 | 421,098.12 | Amortizing | |||
31 | Loan | 68 | CGMRC | CGMRC | NC Self Storage | Fee Simple | 6,500,000 | 6,491,901 | 6,491,901 | 0.9% | 5,218,321 | 4.300000% | 0.06560% | 4.234400% | 32,166.64 | 385,999.68 | Amortizing | ||
32 | Loan | 69 | RMF | RMF | Town House Apartments - Memphis | Leasehold | 6,200,000 | 6,200,000 | 6,200,000 | 0.8% | 5,442,501 | 4.620000% | 0.01560% | 4.604400% | 31,858.10 | 382,297.20 | Interest Only, Then Amortizing | ||
33 | Loan | RMF | RMF | Preston Racquet Club Condominiums | Fee Simple | 6,000,000 | 6,000,000 | 6,000,000 | 0.8% | 5,047,384 | 4.880000% | 0.01560% | 4.864400% | 31,770.71 | 381,248.52 | Interest Only, Then Amortizing |
A-3 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Ownership Interest | Original Balance ($) | Cut-off Date Balance ($) | Allocated Cut-off Date Loan Amount ($) | % of Initial Pool Balance | Balloon Balance ($) | Mortgage Loan Rate (%) | Administrative Fee Rate (%) (1) | Net Mortgage Loan Rate (%) | Monthly Debt Service ($) (2) | Annual Debt Service ($) | Pari Companion Loan Monthly Debt Service ($) | Pari Companion Loan Annual Debt Service ($) | Amortization Type |
34 | Loan | Barclays Bank PLC | Barclays Bank PLC | Landerhaven Office Park | Fee Simple | 5,450,000 | 5,450,000 | 5,450,000 | 0.7% | 4,418,960 | 4.589000% | 0.01560% | 4.573400% | 27,903.30 | 334,839.60 | Amortizing | |||
35 | Loan | 70 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Pomona, CA | Fee Simple | 5,425,000 | 5,425,000 | 5,425,000 | 0.7% | 5,425,000 | 3.848000% | 0.01560% | 3.832400% | 17,637.78 | 211,653.36 | Interest Only | ||
36 | Loan | 71 | CGMRC | CGMRC | Rite Aid - ACV Portfolio #1 | 5,300,000 | 5,300,000 | 5,300,000 | 0.7% | 4,558,753 | 4.770000% | 0.01560% | 4.754400% | 27,711.24 | 332,534.88 | Interest Only, Then Amortizing | |||
36.01 | Property | 7700 Shepherdsville Road - Louisville, KY | Leasehold | 3,050,000 | |||||||||||||||
36.02 | Property | 7500 Terry Road - Louisville, KY | Fee Simple | 2,250,000 | |||||||||||||||
37 | Loan | 72 | CGMRC | CGMRC | Regis Houze Apartments | Fee Simple | 5,225,000 | 5,225,000 | 5,225,000 | 0.7% | 4,220,757 | 4.480000% | 0.01560% | 4.464400% | 26,412.25 | 316,947.00 | Amortizing | ||
38 | Loan | CCRE | CCRE | Oakdale Shopping Center | Fee Simple | 4,900,000 | 4,883,665 | 4,883,665 | 0.6% | 3,636,183 | 4.800000% | 0.03560% | 4.764400% | 28,076.85 | 336,922.20 | Amortizing | |||
39 | Loan | 73 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Rosemead, CA | Fee Simple | 4,755,000 | 4,755,000 | 4,755,000 | 0.6% | 4,755,000 | 3.848000% | 0.01560% | 3.832400% | 15,459.47 | 185,513.64 | Interest Only | ||
40 | Loan | 74 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Diamond Bar, CA | Fee Simple | 4,690,000 | 4,690,000 | 4,690,000 | 0.6% | 4,690,000 | 3.848000% | 0.01560% | 3.832400% | 15,248.15 | 182,977.80 | Interest Only | ||
41 | Loan | Barclays Bank PLC | Barclays Bank PLC | Congress Pointe Shopping Center | Fee Simple | 4,000,000 | 4,000,000 | 4,000,000 | 0.5% | 3,275,715 | 4.886000% | 0.01560% | 4.870400% | 21,195.04 | 254,340.48 | Amortizing | |||
42 | Loan | 75 | CCRE | CCRE | Grand Avenue Business Plaza | Fee Simple | 2,850,000 | 2,838,092 | 2,838,092 | 0.4% | 2,362,087 | 5.250000% | 0.03560% | 5.214400% | 15,737.81 | 188,853.72 | Amortizing | ||
43 | Loan | 76, 77 | CCRE | CCRE | Fresenius Birmingham | Fee Simple | 2,800,000 | 2,800,000 | 2,800,000 | 0.4% | 2,580,242 | 4.950000% | 0.08310% | 4.866900% | 14,945.56 | 179,346.72 | Interest Only, Then Amortizing | ||
44 | Loan | CCRE | CCRE | Overland Corporate B Building | Fee Simple | 1,800,000 | 1,796,130 | 1,796,130 | 0.2% | 1,491,918 | 5.257000% | 0.03560% | 5.221400% | 9,947.47 | 119,369.64 | Amortizing |
A-4 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Interest Accrual Method | Seasoning (Mos.) | Original Interest-Only Period (Mos.) | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) | Remaining Amortization Term (Mos.) | Origination Date | Due Date | First Due Date | Last IO Due Date | First P&I Due Date | Maturity Date / ARD | ARD (Yes / No) | Final Maturity Date |
1 | Loan | 8, 9 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A. | Briarwood Mall | Actual/360 | 2 | 120 | 118 | 120 | 118 | 0 | 0 | 8/15/2016 | 1 | 10/1/2016 | 9/1/2026 | 9/1/2026 | No | ||
2 | Loan | 10 | RMF | RMF | The Townhouse Apartments - Stamford | Actual/360 | 1 | 120 | 119 | 120 | 119 | 0 | 0 | 9/30/2016 | 6 | 11/6/2016 | 10/6/2026 | 10/6/2026 | No | ||
3 | Loan | 11, 12, 13, 14 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A., Wells Fargo Bank, National Association | 101 Hudson Street | Actual/360 | 1 | 120 | 119 | 120 | 119 | 0 | 0 | 9/30/2016 | 11 | 11/11/2016 | 10/11/2026 | 10/11/2026 | No | ||
4 | Loan | 15, 16 | CGMRC | CGMRC, LCF | 80 Park Plaza | Actual/360 | 1 | 36 | 35 | 120 | 119 | 360 | 360 | 9/30/2016 | 6 | 11/6/2016 | 10/6/2019 | 11/6/2019 | 10/6/2026 | No | |
5 | Loan | 17, 18, 19, 20, 21 | CGMRC | CGMRC | Belvoir Portfolio | Actual/360 | 1 | 24 | 23 | 120 | 119 | 360 | 360 | 9/27/2016 | 6 | 11/6/2016 | 10/6/2018 | 11/6/2018 | 10/6/2026 | No | |
5.01 | Property | 225 Chapman Street | |||||||||||||||||||
5.02 | Property | 245 Chapman Street | |||||||||||||||||||
5.03 | Property | 717 Allens Avenue | |||||||||||||||||||
5.04 | Property | 1 Virginia Avenue | |||||||||||||||||||
5.05 | Property | 765 Allens Avenue | |||||||||||||||||||
5.06 | Property | 17 Virginia Avenue | |||||||||||||||||||
5.07 | Property | 117 Ellenfield Street | �� | ||||||||||||||||||
5.08 | Property | 240 Chapman Street | |||||||||||||||||||
5.09 | Property | 45 Baker Street | |||||||||||||||||||
5.10 | Property | 63 Baker Street | |||||||||||||||||||
5.11 | Property | 78 Baker Street | |||||||||||||||||||
5.12 | Property | 75 Baker Street | |||||||||||||||||||
6 | Loan | 22, 23, 24, 25 | CCRE | CCRE, SG, Bank of America, N.A. and Barclays Bank PLC | Potomac Mills | Actual/360 | 0 | 120 | 120 | 120 | 120 | 0 | 0 | 10/5/2016 | 1 | 12/1/2016 | 11/1/2026 | 11/1/2026 | No | ||
7 | Loan | 26, 27, 28, 29, 30, 31, 32, 33 | CCRE | CCRE | Hill7 Office | Actual/360 | 0 | 120 | 120 | 120 | 120 | 0 | 0 | 10/7/2016 | 6 | 12/6/2016 | 11/6/2026 | 11/6/2026 | Yes | 11/6/2028 | |
8 | Loan | 34, 35, 36, 37 | Barclays Bank PLC | Barclays Bank PLC | Quantum Park | Actual/360 | 1 | 60 | 59 | 60 | 59 | 0 | 0 | 9/28/2016 | 6 | 11/6/2016 | 10/6/2021 | 10/6/2021 | Yes | 10/6/2026 | |
9 | Loan | 38, 39, 40, 41 | CGMRC | CGMRC | College Boulevard Portfolio | Actual/360 | 1 | 0 | 0 | 120 | 119 | 360 | 359 | 9/9/2016 | 6 | 11/6/2016 | 11/6/2016 | 10/6/2026 | No | ||
9.01 | Property | 7101 College Boulevard | |||||||||||||||||||
9.02 | Property | Commerce Plaza I | |||||||||||||||||||
9.03 | Property | Commerce Plaza II | |||||||||||||||||||
9.04 | Property | Financial Plaza III | |||||||||||||||||||
9.05 | Property | Financial Plaza II | |||||||||||||||||||
10 | Loan | 42, 43, 44, 45 | CGMRC, RMF | CGMRC, RMF | Marriott Hilton Head Resort & Spa | Actual/360 | 1 | 0 | 0 | 120 | 119 | 300 | 299 | 10/3/2016 | 6 | 11/6/2016 | 11/6/2016 | 10/6/2026 | No | ||
11 | Loan | CGMRC | CGMRC | Lightstone Hotel Portfolio | Actual/360 | 1 | 0 | 0 | 60 | 59 | 360 | 359 | 10/5/2016 | 6 | 11/6/2016 | 11/6/2016 | 10/6/2021 | No | |||
11.01 | Property | Home2 Suites Seattle Airport | |||||||||||||||||||
11.02 | Property | Home2 Suites Salt Lake City/South Jordan | |||||||||||||||||||
12 | Loan | 46, 47, 48 | CCRE | CCRE | Mills Fleet Farm | Actual/360 | 4 | 0 | 0 | 120 | 116 | 360 | 356 | 6/16/2016 | 6 | 8/6/2016 | 8/6/2016 | 7/6/2026 | No | ||
12.01 | Property | Mills Fleet Farm - Fargo, ND | |||||||||||||||||||
12.02 | Property | Mills Fleet Farm - Green Bay (East), WI | |||||||||||||||||||
12.03 | Property | Mills Fleet Farm - Mankato, MN | |||||||||||||||||||
12.04 | Property | Mills Fleet Farm - Hudson, WI | |||||||||||||||||||
12.05 | Property | Mills Fleet Farm - Marshfield, WI | |||||||||||||||||||
13 | Loan | 49, 50 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio I | Actual/360 | 1 | 0 | 0 | 120 | 119 | 360 | 359 | 9/30/2016 | 6 | 11/6/2016 | 11/6/2016 | 10/6/2026 | No | ||
13.01 | Property | Hyatt House Charlotte | |||||||||||||||||||
13.02 | Property | Hampton Inn Muskegon | |||||||||||||||||||
13.03 | Property | Fairfield Inn & Suites Norton Shores | |||||||||||||||||||
14 | Loan | 51, 52 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio II | Actual/360 | 1 | 0 | 0 | 120 | 119 | 360 | 359 | 9/30/2016 | 6 | 11/6/2016 | 11/6/2016 | 10/6/2026 | No | ||
14.01 | Property | Residence Inn Boise | |||||||||||||||||||
14.02 | Property | Residence Inn Spokane | |||||||||||||||||||
15 | Loan | Barclays Bank PLC | Barclays Bank PLC | Las Palmas I, II, III | Actual/360 | 0 | 0 | 0 | 120 | 120 | 360 | 360 | 10/11/2016 | 6 | 12/6/2016 | 12/6/2016 | 11/6/2026 | No | |||
16 | Loan | 53, 54 | CGMRC | CGMRC | Broward County Office Portfolio | Actual/360 | 1 | 120 | 119 | 120 | 119 | 0 | 0 | 9/30/2016 | 6 | 11/6/2016 | 10/6/2026 | 10/6/2026 | No | ||
16.01 | Property | Bank of America Center | |||||||||||||||||||
16.02 | Property | Park Central Building 1 | |||||||||||||||||||
16.03 | Property | Regions Bank Building | |||||||||||||||||||
17 | Loan | Barclays Bank PLC | Barclays Bank PLC | North Pointe - Riverside | Actual/360 | 0 | 0 | 0 | 120 | 120 | 360 | 360 | 10/11/2016 | 6 | 12/6/2016 | 12/6/2016 | 11/6/2026 | No | |||
18 | Loan | 55, 56 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio III | Actual/360 | 1 | 0 | 0 | 120 | 119 | 360 | 359 | 9/30/2016 | 6 | 11/6/2016 | 11/6/2016 | 10/6/2026 | No | ||
18.01 | Property | Fairfield Inn & Suites Lexington | |||||||||||||||||||
18.02 | Property | Fairfield Inn & Suites Dayton | |||||||||||||||||||
18.03 | Property | Fairfield Inn & Suites Ashland | |||||||||||||||||||
19 | Loan | CCRE | CCRE | Southland Office Center | Actual/360 | 2 | 0 | 0 | 60 | 58 | 360 | 358 | 8/11/2016 | 6 | 10/6/2016 | 10/6/2016 | 9/6/2021 | No | |||
20 | Loan | 57, 58 | RMF | RMF | The Bristol Hotel | Actual/360 | 1 | 0 | 0 | 120 | 119 | 360 | 359 | 9/29/2016 | 6 | 11/6/2016 | 11/6/2016 | 10/6/2026 | No | ||
21 | Loan | 59 | RMF | RMF | 444 Connecticut Avenue | Actual/360 | 1 | 36 | 35 | 120 | 119 | 360 | 360 | 10/3/2016 | 6 | 11/6/2016 | 10/6/2019 | 11/6/2019 | 10/6/2026 | No | |
22 | Loan | CGMRC | CGMRC | Mariposa Plaza | Actual/360 | 0 | 0 | 0 | 120 | 120 | 360 | 360 | 10/17/2016 | 6 | 12/6/2016 | 12/6/2016 | 11/6/2026 | No | |||
23 | Loan | 60 | CGMRC | CGMRC | Hampton Inn & Suites Tempe ASU Area | Actual/360 | 1 | 0 | 0 | 120 | 119 | 360 | 359 | 9/27/2016 | 6 | 11/6/2016 | 11/6/2016 | 10/6/2026 | No | ||
24 | Loan | 61 | RMF | RMF | Staybridge Suites - Merrillville | Actual/360 | 2 | 0 | 0 | 120 | 118 | 360 | 358 | 9/2/2016 | 6 | 10/6/2016 | 10/6/2016 | 9/6/2026 | No | ||
25 | Loan | 62 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Torrance, CA | Actual/360 | 0 | 0 | 0 | 120 | 120 | 360 | 360 | 10/12/2016 | 6 | 12/6/2016 | 12/6/2016 | 11/6/2026 | No | ||
26 | Loan | 63, 64 | CGMRC | CGMRC | Homewood Suites Overland Park | Actual/360 | 1 | 0 | 0 | 60 | 59 | 300 | 299 | 10/3/2016 | 6 | 11/6/2016 | 11/6/2016 | 10/6/2021 | No | ||
27 | Loan | 65 | Barclays Bank PLC | Barclays Bank PLC | Hammer Lane Self Storage | Actual/360 | 0 | 120 | 120 | 120 | 120 | 0 | 0 | 10/12/2016 | 6 | 12/6/2016 | 11/6/2026 | 11/6/2026 | No | ||
28 | Loan | 66, 67 | CCRE | CCRE | Marriott Saddle Brook | Actual/360 | 11 | 0 | 0 | 120 | 109 | 360 | 349 | 11/10/2015 | 6 | 1/6/2016 | 1/6/2016 | 12/6/2025 | No | ||
29 | Loan | CGMRC | CGMRC | Brookdale Shopping Center | Actual/360 | 1 | 0 | 0 | 120 | 119 | 360 | 359 | 9/20/2016 | 6 | 11/6/2016 | 11/6/2016 | 10/6/2026 | No | |||
30 | Loan | RMF | RMF | Parkview Apartments | Actual/360 | 1 | 0 | 0 | 120 | 119 | 360 | 359 | 9/16/2016 | 6 | 11/6/2016 | 11/6/2016 | 10/6/2026 | No | |||
31 | Loan | 68 | CGMRC | CGMRC | NC Self Storage | Actual/360 | 1 | 0 | 0 | 120 | 119 | 360 | 359 | 9/23/2016 | 6 | 11/6/2016 | 11/6/2016 | 10/6/2026 | No | ||
32 | Loan | 69 | RMF | RMF | Town House Apartments - Memphis | Actual/360 | 1 | 36 | 35 | 120 | 119 | 360 | 360 | 10/7/2016 | 6 | 11/6/2016 | 10/6/2019 | 11/6/2019 | 10/6/2026 | No | |
33 | Loan | RMF | RMF | Preston Racquet Club Condominiums | Actual/360 | 2 | 12 | 10 | 120 | 118 | 360 | 360 | 9/2/2016 | 6 | 10/6/2016 | 9/6/2017 | 10/6/2017 | 9/6/2026 | No |
A-5 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Interest Accrual Method | Seasoning (Mos.) | Original Interest-Only Period (Mos.) | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) | Remaining Amortization Term (Mos.) | Origination Date | Due Date | First Due Date | Last IO Due Date | First P&I Due Date | Maturity Date / ARD | ARD (Yes / No) | Final Maturity Date |
34 | Loan | Barclays Bank PLC | Barclays Bank PLC | Landerhaven Office Park | Actual/360 | 0 | 0 | 0 | 120 | 120 | 360 | 360 | 10/14/2016 | 6 | 12/6/2016 | 12/6/2016 | 11/6/2026 | No | |||
35 | Loan | 70 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Pomona, CA | Actual/360 | 1 | 120 | 119 | 120 | 119 | 0 | 0 | 9/16/2016 | 6 | 11/6/2016 | 10/6/2026 | 10/6/2026 | No | ||
36 | Loan | 71 | CGMRC | CGMRC | Rite Aid - ACV Portfolio #1 | Actual/360 | 0 | 24 | 24 | 120 | 120 | 360 | 360 | 10/21/2016 | 6 | 12/6/2016 | 11/6/2018 | 12/6/2018 | 11/6/2026 | No | |
36.01 | Property | 7700 Shepherdsville Road - Louisville, KY | |||||||||||||||||||
36.02 | Property | 7500 Terry Road - Louisville, KY | |||||||||||||||||||
37 | Loan | 72 | CGMRC | CGMRC | Regis Houze Apartments | Actual/360 | 0 | 0 | 0 | 120 | 120 | 360 | 360 | 10/19/2016 | 6 | 12/6/2016 | 12/6/2016 | 11/6/2026 | No | ||
38 | Loan | CCRE | CCRE | Oakdale Shopping Center | Actual/360 | 2 | 0 | 0 | 120 | 118 | 300 | 298 | 8/8/2016 | 6 | 10/6/2016 | 10/6/2016 | 9/6/2026 | No | |||
39 | Loan | 73 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Rosemead, CA | Actual/360 | 1 | 120 | 119 | 120 | 119 | 0 | 0 | 9/16/2016 | 6 | 11/6/2016 | 10/6/2026 | 10/6/2026 | No | ||
40 | Loan | 74 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Diamond Bar, CA | Actual/360 | 1 | 120 | 119 | 120 | 119 | 0 | 0 | 9/16/2016 | 6 | 11/6/2016 | 10/6/2026 | 10/6/2026 | No | ||
41 | Loan | Barclays Bank PLC | Barclays Bank PLC | Congress Pointe Shopping Center | Actual/360 | 0 | 0 | 0 | 120 | 120 | 360 | 360 | 10/14/2016 | 6 | 12/6/2016 | 12/6/2016 | 11/6/2026 | No | |||
42 | Loan | 75 | CCRE | CCRE | Grand Avenue Business Plaza | Actual/360 | 4 | 0 | 0 | 120 | 116 | 360 | 356 | 7/5/2016 | 6 | 8/6/2016 | 8/6/2016 | 7/6/2026 | No | ||
43 | Loan | 76, 77 | CCRE | CCRE | Fresenius Birmingham | Actual/360 | 2 | 60 | 58 | 120 | 118 | 360 | 360 | 8/26/2016 | 6 | 10/6/2016 | 9/6/2021 | 10/6/2021 | 9/6/2026 | No | |
44 | Loan | CCRE | CCRE | Overland Corporate B Building | Actual/360 | 2 | 0 | 0 | 120 | 118 | 360 | 358 | 8/12/2016 | 6 | 10/6/2016 | 10/6/2016 | 9/6/2026 | No |
A-6 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Grace Period- Late Fee | Grace Period- Default | Prepayment Provision (3) | 2013 EGI ($) | 2013 Expenses ($) | 2013 NOI ($) | 2014 EGI ($) | 2014 Expenses ($) | 2014 NOI ($) | 2015 EGI ($) | 2015 Expenses ($) | 2015 NOI ($) | Most Recent EGI (if past 2015) ($) |
1 | Loan | 8, 9 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A. | Briarwood Mall | 0 | 4 | Lockout/26_Defeasance/87_0%/7 | 25,801,860 | 7,226,104 | 18,575,756 | 26,455,795 | 7,392,111 | 19,063,684 | 26,901,911 | 7,447,365 | 19,454,546 | 27,001,031 |
2 | Loan | 10 | RMF | RMF | The Townhouse Apartments - Stamford | 0 | 0 | Lockout/25_Defeasance/90_0%/5 | 5,856,625 | 1,979,963 | 3,876,662 | 6,229,675 | 2,197,520 | 4,032,155 | 6,471,351 | 2,165,155 | 4,306,196 | 6,547,487 |
3 | Loan | 11, 12, 13, 14 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A., Wells Fargo Bank, National Association | 101 Hudson Street | 0 | 0 | Lockout/25_>YM or 1%/88_0%/7 | 33,201,752 | 16,691,035 | 16,510,717 | 38,228,378 | 17,641,097 | 20,587,281 | 38,571,011 | 17,274,342 | 21,296,669 | 39,960,773 |
4 | Loan | 15, 16 | CGMRC | CGMRC, LCF | 80 Park Plaza | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 19,408,125 | 10,541,458 | 8,866,667 | 19,688,978 | 10,732,485 | 8,956,493 | 20,185,467 | 10,771,904 | 9,413,563 | 21,155,781 |
5 | Loan | 17, 18, 19, 20, 21 | CGMRC | CGMRC | Belvoir Portfolio | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 5,580,655 | 1,817,824 | 3,762,831 | 7,230,708 | 2,378,539 | 4,852,169 | 7,657,381 | 2,540,794 | 5,116,587 | 7,769,289 |
5.01 | Property | 225 Chapman Street | 1,149,158 | 400,990 | 748,168 | 1,212,951 | 469,717 | 743,234 | 1,267,732 | 477,580 | 790,152 | 1,304,329 | ||||||
5.02 | Property | 245 Chapman Street | 401,427 | 130,689 | 270,738 | 889,076 | 217,458 | 671,618 | 937,190 | 289,463 | 647,727 | 949,656 | ||||||
5.03 | Property | 717 Allens Avenue | 911,292 | 223,275 | 688,017 | 917,747 | 243,843 | 673,904 | 976,967 | 240,506 | 736,461 | 1,002,043 | ||||||
5.04 | Property | 1 Virginia Avenue | 46,390 | 122,680 | (76,289) | 701,051 | 380,147 | 320,904 | 829,473 | 439,935 | 389,538 | 838,976 | ||||||
5.05 | Property | 765 Allens Avenue | 661,395 | 252,941 | 408,454 | 797,042 | 256,311 | 540,731 | 833,817 | 301,657 | 532,161 | 811,931 | ||||||
5.06 | Property | 17 Virginia Avenue | 649,604 | 144,264 | 505,341 | 657,447 | 230,745 | 426,702 | 700,519 | 172,195 | 528,324 | 717,984 | ||||||
5.07 | Property | 117 Ellenfield Street | 503,783 | 141,269 | 362,514 | 528,057 | 148,051 | 380,006 | 541,206 | 161,064 | 380,142 | 547,804 | ||||||
5.08 | Property | 240 Chapman Street | 152,241 | 54,627 | 97,614 | 388,194 | 91,051 | 297,143 | 399,662 | 105,744 | 293,918 | 386,577 | ||||||
5.09 | Property | 45 Baker Street | 364,818 | 110,022 | 254,796 | 354,083 | 93,458 | 260,625 | 356,863 | 88,409 | 268,454 | 361,080 | ||||||
5.10 | Property | 63 Baker Street | 255,423 | 53,394 | 202,029 | 274,042 | 58,002 | 216,040 | 285,668 | 67,759 | 217,908 | 289,375 | ||||||
5.11 | Property | 78 Baker Street | 253,949 | 109,595 | 144,355 | 274,548 | 115,988 | 158,560 | 284,097 | 118,292 | 165,805 | 301,023 | ||||||
5.12 | Property | 75 Baker Street | 231,174 | 74,079 | 157,095 | 236,472 | 73,768 | 162,704 | 244,186 | 78,190 | 165,996 | 258,511 | ||||||
6 | Loan | 22, 23, 24, 25 | CCRE | CCRE, SG, Bank of America, N.A. and Barclays Bank PLC | Potomac Mills | 0 | 0 | Lockout/24_Defeasance/89_0%/7 | 48,438,321 | 13,439,008 | 34,999,313 | 52,996,465 | 15,601,250 | 37,395,215 | 53,336,259 | 14,386,618 | 38,949,641 | 54,639,014 |
7 | Loan | 26, 27, 28, 29, 30, 31, 32, 33 | CCRE | CCRE | Hill7 Office | 2 | 0 | Lockout/3_>YM or 1%/110_0%/7 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
8 | Loan | 34, 35, 36, 37 | Barclays Bank PLC | Barclays Bank PLC | Quantum Park | 0 | 0 | Lockout/24_>YM or 1%/31_0%/5 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
9 | Loan | 38, 39, 40, 41 | CGMRC | CGMRC | College Boulevard Portfolio | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 13,075,383 | 7,145,009 | 5,930,374 | 13,422,565 | 7,393,606 | 6,028,959 | 14,325,115 | 7,377,222 | 6,947,893 | 14,782,894 |
9.01 | Property | 7101 College Boulevard | 4,214,540 | 2,233,912 | 1,980,628 | 4,155,260 | 2,306,944 | 1,848,315 | 4,559,628 | 2,298,851 | 2,260,777 | 4,672,434 | ||||||
9.02 | Property | Commerce Plaza I | 2,260,142 | 1,307,883 | 952,260 | 2,724,554 | 1,426,418 | 1,298,136 | 3,184,551 | 1,514,056 | 1,670,495 | 3,292,689 | ||||||
9.03 | Property | Commerce Plaza II | 2,167,898 | 1,189,844 | 978,054 | 2,397,076 | 1,207,636 | 1,189,440 | 2,402,233 | 1,236,463 | 1,165,770 | 2,496,211 | ||||||
9.04 | Property | Financial Plaza III | 2,650,721 | 1,408,574 | 1,242,146 | 2,294,771 | 1,415,058 | 879,713 | 2,296,953 | 1,341,080 | 955,872 | 2,496,585 | ||||||
9.05 | Property | Financial Plaza II | 1,782,082 | 1,004,796 | 777,286 | 1,850,904 | 1,037,550 | 813,355 | 1,881,750 | 986,772 | 894,978 | 1,824,975 | ||||||
10 | Loan | 42, 43, 44, 45 | CGMRC, RMF | CGMRC, RMF | Marriott Hilton Head Resort & Spa | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 29,563,995 | 19,278,993 | 10,285,001 | 29,483,856 | 19,804,710 | 9,679,146 | 31,403,350 | 21,015,622 | 10,387,728 | 33,429,812 |
11 | Loan | CGMRC | CGMRC | Lightstone Hotel Portfolio | 2 | 0 | Lockout/25_Defeasance/32_0%/3 | N/A | N/A | N/A | 3,084,115 | 1,813,020 | 1,271,095 | 3,848,525 | 2,065,686 | 1,782,839 | 8,968,084 | |
11.01 | Property | Home2 Suites Seattle Airport | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4,874,817 | ||||||
11.02 | Property | Home2 Suites Salt Lake City/South Jordan | N/A | N/A | N/A | 3,084,115 | 1,813,020 | 1,271,095 | 3,848,525 | 2,065,686 | 1,782,839 | 4,093,267 | ||||||
12 | Loan | 46, 47, 48 | CCRE | CCRE | Mills Fleet Farm | 0 | 0 | Lockout/28_Defeasance/88_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
12.01 | Property | Mills Fleet Farm - Fargo, ND | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||
12.02 | Property | Mills Fleet Farm - Green Bay (East), WI | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||
12.03 | Property | Mills Fleet Farm - Mankato, MN | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||
12.04 | Property | Mills Fleet Farm - Hudson, WI | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||
12.05 | Property | Mills Fleet Farm - Marshfield, WI | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||
13 | Loan | 49, 50 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio I | 0 | 0 | Lockout/25_Defeasance or >YM or 1%/89_0%/6 | 7,162,171 | 5,135,095 | 2,027,075 | 7,947,137 | 5,600,800 | 2,346,336 | 8,930,471 | 6,021,946 | 2,908,525 | 9,527,571 |
13.01 | Property | Hyatt House Charlotte | 3,310,566 | 2,558,704 | 751,862 | 3,531,229 | 2,811,441 | 719,787 | 4,383,968 | 3,198,605 | 1,185,363 | 4,673,406 | ||||||
13.02 | Property | Hampton Inn Muskegon | 1,761,464 | 1,277,287 | 484,177 | 2,163,707 | 1,415,273 | 748,434 | 2,288,268 | 1,428,207 | 860,061 | 2,478,816 | ||||||
13.03 | Property | Fairfield Inn & Suites Norton Shores | 2,090,141 | 1,299,105 | 791,036 | 2,252,201 | 1,374,086 | 878,115 | 2,258,235 | 1,395,134 | 863,101 | 2,375,349 | ||||||
14 | Loan | 51, 52 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio II | 0 | 0 | Lockout/25_Defeasance or >YM or 1%/89_0%/6 | 5,312,167 | 3,436,121 | 1,876,046 | 5,592,849 | 3,441,841 | 2,151,008 | 5,889,937 | 3,573,398 | 2,316,539 | 6,399,979 |
14.01 | Property | Residence Inn Boise | 2,702,012 | 1,776,887 | 925,125 | 2,883,361 | 1,799,193 | 1,084,168 | 3,083,405 | 1,900,328 | 1,183,077 | 3,451,682 | ||||||
14.02 | Property | Residence Inn Spokane | 2,610,155 | 1,659,234 | 950,921 | 2,709,488 | 1,642,648 | 1,066,840 | 2,806,532 | 1,673,070 | 1,133,462 | 2,948,297 | ||||||
15 | Loan | Barclays Bank PLC | Barclays Bank PLC | Las Palmas I, II, III | 0 | 0 | Lockout/24_Defeasance/91_0%/5 | 2,144,623 | 876,665 | 1,267,959 | 2,210,287 | 1,064,457 | 1,145,829 | 2,335,166 | 1,055,360 | 1,279,806 | 2,500,520 | |
16 | Loan | 53, 54 | CGMRC | CGMRC | Broward County Office Portfolio | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
16.01 | Property | Bank of America Center | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 745,735 | ||||||
16.02 | Property | Park Central Building 1 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||
16.03 | Property | Regions Bank Building | N/A | N/A | N/A | 867,912 | 380,996 | 486,916 | 880,269 | 379,330 | 500,939 | 933,968 | ||||||
17 | Loan | Barclays Bank PLC | Barclays Bank PLC | North Pointe - Riverside | 0 | 0 | Lockout/24_Defeasance/91_0%/5 | 1,566,829 | 622,031 | 944,798 | 1,677,106 | 566,730 | 1,110,376 | 1,789,311 | 578,284 | 1,211,027 | 1,880,299 | |
18 | Loan | 55, 56 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio III | 0 | 0 | Lockout/25_Defeasance or >YM or 1%/89_0%/6 | 3,676,008 | 3,007,379 | 668,629 | 4,163,138 | 3,202,911 | 960,227 | 4,529,667 | 3,335,527 | 1,194,140 | 5,292,342 |
18.01 | Property | Fairfield Inn & Suites Lexington | 1,585,362 | 1,031,352 | 554,010 | 1,259,448 | 913,480 | 345,968 | 1,221,846 | 914,141 | 307,705 | 1,860,794 | ||||||
18.02 | Property | Fairfield Inn & Suites Dayton | 1,072,259 | 1,028,540 | 43,719 | 1,500,307 | 1,224,319 | 275,988 | 1,712,731 | 1,313,780 | 398,952 | 1,898,039 | ||||||
18.03 | Property | Fairfield Inn & Suites Ashland | 1,018,387 | 947,487 | 70,900 | 1,403,383 | 1,065,112 | 338,271 | 1,595,090 | 1,107,606 | 487,483 | 1,533,509 | ||||||
19 | Loan | CCRE | CCRE | Southland Office Center | 0 | 0 | Lockout/26_Defeasance/28_0%/6 | 2,300,536 | 1,122,244 | 1,178,292 | 2,441,232 | 1,162,754 | 1,278,478 | 2,551,483 | 1,260,513 | 1,290,970 | 2,587,791 | |
20 | Loan | 57, 58 | RMF | RMF | The Bristol Hotel | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 4,282,681 | 3,065,732 | 1,216,949 | 4,655,967 | 3,182,856 | 1,473,111 | 5,232,282 | 3,532,815 | 1,699,467 | 5,114,123 |
21 | Loan | 59 | RMF | RMF | 444 Connecticut Avenue | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 1,174,330 | 250,295 | 924,035 | 1,261,903 | 268,347 | 993,556 | 1,286,871 | 280,851 | 1,006,020 | 1,320,674 |
22 | Loan | CGMRC | CGMRC | Mariposa Plaza | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | 1,200,629 | 338,709 | 861,920 | 1,051,815 | 335,096 | 716,719 | 1,243,023 | 344,956 | 898,067 | 1,215,339 | |
23 | Loan | 60 | CGMRC | CGMRC | Hampton Inn & Suites Tempe ASU Area | 0 | 0 | Lockout/25_Defeasance/89_0%/6 | N/A | N/A | N/A | N/A | N/A | N/A | 2,869,053 | 2,032,144 | 836,909 | 3,848,722 |
24 | Loan | 61 | RMF | RMF | Staybridge Suites - Merrillville | 0 | 0 | Lockout/26_Defeasance/89_0%/5 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2,560,815 |
25 | Loan | 62 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Torrance, CA | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | 1,484,692 | 518,941 | 965,751 | 1,554,926 | 539,603 | 1,015,323 | 1,657,659 | 569,626 | 1,088,033 | 1,773,632 |
26 | Loan | 63, 64 | CGMRC | CGMRC | Homewood Suites Overland Park | 0 | 0 | Lockout/25_Defeasance/29_0%/6 | 2,233,256 | 1,732,173 | 501,083 | 2,773,091 | 1,972,109 | 800,982 | 3,253,198 | 2,224,482 | 1,028,716 | 3,322,265 |
27 | Loan | 65 | Barclays Bank PLC | Barclays Bank PLC | Hammer Lane Self Storage | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | 775,673 | 405,787 | 369,886 | 711,198 | 225,363 | 485,835 | 878,786 | 299,660 | 579,126 | 981,262 |
28 | Loan | 66, 67 | CCRE | CCRE | Marriott Saddle Brook | 0 | 0 | Lockout/35_Defeasance/81_0%/4 | 11,122,781 | 7,524,173 | 3,598,608 | 11,294,486 | 7,701,354 | 3,593,132 | 11,464,133 | 7,934,752 | 3,529,381 | 10,925,227 |
29 | Loan | CGMRC | CGMRC | Brookdale Shopping Center | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 1,029,428 | 275,698 | 753,730 | 1,119,002 | 298,082 | 820,920 | 1,092,638 | 292,680 | 799,958 | 1,087,010 | |
30 | Loan | RMF | RMF | Parkview Apartments | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 1,067,650 | 783,080 | 284,571 | 1,178,758 | 751,584 | 427,174 | 1,357,071 | 808,243 | 548,828 | 1,465,153 | |
31 | Loan | 68 | CGMRC | CGMRC | NC Self Storage | 0 | 0 | Lockout/25_Defeasance/92_0%/3 | 620,528 | 218,985 | 401,543 | 812,128 | 270,821 | 541,307 | 961,698 | 294,722 | 666,976 | 1,057,926 |
32 | Loan | 69 | RMF | RMF | Town House Apartments - Memphis | 0 | 0 | Lockout/25_>YM or 1%/91_0%/4 | 1,366,351 | 903,157 | 463,194 | 1,434,568 | 938,706 | 495,862 | 1,494,809 | 913,104 | 581,705 | 1,556,326 |
33 | Loan | RMF | RMF | Preston Racquet Club Condominiums | 0 | 0 | Lockout/26_Defeasance/90_0%/4 | 1,175,221 | 841,236 | 333,984 | 1,199,468 | 722,500 | 476,968 | 1,252,027 | 739,340 | 512,687 | 1,278,398 |
A-7 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Grace Period- Late Fee | Grace Period- Default | Prepayment Provision (3) | 2013 EGI ($) | 2013 Expenses ($) | 2013 NOI ($) | 2014 EGI ($) | 2014 Expenses ($) | 2014 NOI ($) | 2015 EGI ($) | 2015 Expenses ($) | 2015 NOI ($) | Most Recent EGI (if past 2015) ($) |
34 | Loan | Barclays Bank PLC | Barclays Bank PLC | Landerhaven Office Park | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | N/A | N/A | N/A | 668,287 | 263,422 | 404,865 | 734,459 | 279,993 | 454,466 | 800,758 | |
35 | Loan | 70 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Pomona, CA | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 469,748 | 141,968 | 327,780 | 617,561 | 288,619 | 328,942 | 687,039 | 247,202 | 439,837 | 759,483 |
36 | Loan | 71 | CGMRC | CGMRC | Rite Aid - ACV Portfolio #1 | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | 447,820 | 15,255 | 432,565 | 447,820 | 15,606 | 432,214 | 447,820 | 15,712 | 432,108 | 447,820 |
36.01 | Property | 7700 Shepherdsville Road - Louisville, KY | 222,820 | 7,652 | 215,168 | 222,820 | 7,774 | 215,046 | 222,820 | 7,911 | 214,909 | 222,820 | ||||||
36.02 | Property | 7500 Terry Road - Louisville, KY | 225,000 | 7,603 | 217,397 | 225,000 | 7,832 | 217,168 | 225,000 | 7,801 | 217,199 | 225,000 | ||||||
37 | Loan | 72 | CGMRC | CGMRC | Regis Houze Apartments | 0 | 0 | Lockout/24_Defeasance/93_0%/3 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 556,146 |
38 | Loan | CCRE | CCRE | Oakdale Shopping Center | 0 | 0 | Lockout/26_Defeasance/90_0%/4 | 763,664 | 240,534 | 523,130 | 836,193 | 256,678 | 579,515 | 860,064 | 266,949 | 593,115 | 867,598 | |
39 | Loan | 73 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Rosemead, CA | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 499,665 | 125,015 | 374,650 | 579,072 | 293,808 | 285,264 | 603,512 | 234,328 | 369,184 | 658,851 |
40 | Loan | 74 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Diamond Bar, CA | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 507,478 | 122,883 | 384,595 | 536,722 | 264,367 | 272,354 | 590,734 | 229,242 | 361,492 | 640,469 |
41 | Loan | Barclays Bank PLC | Barclays Bank PLC | Congress Pointe Shopping Center | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | 620,375 | 264,177 | 356,197 | 663,083 | 285,748 | 377,335 | 679,576 | 311,259 | 368,317 | 745,537 | |
42 | Loan | 75 | CCRE | CCRE | Grand Avenue Business Plaza | 0 | 0 | Lockout/28_Defeasance/88_0%/4 | 278,098 | 57,048 | 221,050 | 297,623 | 67,068 | 230,555 | 332,076 | 63,358 | 268,718 | 334,632 |
43 | Loan | 76, 77 | CCRE | CCRE | Fresenius Birmingham | 0 | 0 | Lockout/26_Defeasance/91_0%/3 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
44 | Loan | CCRE | CCRE | Overland Corporate B Building | 0 | 0 | Lockout/26_Defeasance/90_0%/4 | 170,675 | 59,872 | 110,802 | 223,251 | 61,192 | 162,060 | 211,797 | 60,548 | 151,249 | 209,778 |
A-8 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Most Recent Expenses (if past 2015) ($) | Most Recent NOI (if past 2015) ($) | Most Recent NOI Date (if past 2015) | Most Recent # of months | Most Recent Description | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Debt Yield on Underwritten Net Operating Income (%) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NCF DSCR (x) (4) | Debt Yield on Underwritten Net Cash Flow (%) | Appraised Value ($) |
1 | Loan | 8, 9 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A. | Briarwood Mall | 7,278,731 | 19,722,300 | 6/30/2016 | 12 | Trailing 12 | 26,770,446 | 7,456,960 | 19,313,485 | 11.7% | 65,102 | 854,031 | 18,394,351 | 3.34 | 11.1% | 336,000,000 |
2 | Loan | 10 | RMF | RMF | The Townhouse Apartments - Stamford | 2,170,563 | 4,376,924 | 8/31/2016 | 12 | Trailing 12 | 6,609,854 | 2,192,714 | 4,417,140 | 7.6% | 67,500 | 0 | 4,349,640 | 1.72 | 7.5% | 92,000,000 |
3 | Loan | 11, 12, 13, 14 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A., Wells Fargo Bank, National Association | 101 Hudson Street | 16,855,969 | 23,104,804 | 7/31/2016 | 12 | Trailing 12 | 50,810,573 | 18,681,652 | 32,128,921 | 12.9% | 281,746 | 2,771,771 | 29,075,403 | 3.68 | 11.6% | 482,500,000 |
4 | Loan | 15, 16 | CGMRC | CGMRC, LCF | 80 Park Plaza | 11,508,439 | 9,647,342 | 5/31/2016 | 12 | Trailing 12 | 24,135,155 | 11,627,671 | 12,507,483 | 9.4% | N/A | 308,469 | 12,199,015 | 1.52 | 9.2% | 177,400,000 |
5 | Loan | 17, 18, 19, 20, 21 | CGMRC | CGMRC | Belvoir Portfolio | 2,226,327 | 5,542,962 | 7/31/2016 | 12 | Trailing 12 | 7,647,784 | 2,511,015 | 5,136,769 | 12.2% | 91,272 | 401,951 | 4,643,545 | 1.88 | 11.1% | 60,500,000 |
5.01 | Property | 225 Chapman Street | 401,803 | 902,527 | 7/31/2016 | 12 | Trailing 12 | 1,241,624 | 457,033 | 784,591 | 20,738 | 69,686 | 694,167 | 9,000,000 | ||||||
5.02 | Property | 245 Chapman Street | 257,155 | 692,501 | 7/31/2016 | 12 | Trailing 12 | 938,241 | 272,523 | 665,719 | 9,478 | 58,230 | 598,011 | 7,500,000 | ||||||
5.03 | Property | 717 Allens Avenue | 194,651 | 807,393 | 7/31/2016 | 12 | Trailing 12 | 967,250 | 228,444 | 738,805 | 6,722 | 46,489 | 685,595 | 7,500,000 | ||||||
5.04 | Property | 1 Virginia Avenue | 334,697 | 504,280 | 7/31/2016 | 12 | Trailing 12 | 966,993 | 485,641 | 481,352 | 7,168 | 50,140 | 424,045 | 6,700,000 | ||||||
5.05 | Property | 765 Allens Avenue | 267,405 | 544,525 | 7/31/2016 | 12 | Trailing 12 | 747,660 | 262,796 | 484,864 | 12,758 | 32,322 | 439,784 | 6,400,000 | ||||||
5.06 | Property | 17 Virginia Avenue | 157,735 | 560,249 | 7/31/2016 | 12 | Trailing 12 | 722,160 | 180,269 | 541,891 | 8,468 | 34,124 | 499,299 | 6,200,000 | ||||||
5.07 | Property | 117 Ellenfield Street | 152,264 | 395,540 | 7/31/2016 | 12 | Trailing 12 | 535,935 | 151,804 | 384,131 | 7,644 | 33,662 | 342,825 | 4,800,000 | ||||||
5.08 | Property | 240 Chapman Street | 97,576 | 289,001 | 7/31/2016 | 12 | Trailing 12 | 385,333 | 99,316 | 286,017 | 5,200 | 25,975 | 254,842 | 3,400,000 | ||||||
5.09 | Property | 45 Baker Street | 103,252 | 257,829 | 7/31/2016 | 12 | Trailing 12 | 343,347 | 94,844 | 248,503 | 3,818 | 14,156 | 230,529 | 3,000,000 | ||||||
5.10 | Property | 63 Baker Street | 69,736 | 219,639 | 7/31/2016 | 12 | Trailing 12 | 281,929 | 70,626 | 211,304 | 3,024 | 11,897 | 196,383 | 2,300,000 | ||||||
5.11 | Property | 78 Baker Street | 117,204 | 183,819 | 7/31/2016 | 12 | Trailing 12 | 284,325 | 121,565 | 162,760 | 3,156 | 12,129 | 147,475 | 1,900,000 | ||||||
5.12 | Property | 75 Baker Street | 72,851 | 185,660 | 7/31/2016 | 12 | Trailing 12 | 232,987 | 86,155 | 146,832 | 3,099 | 13,141 | 130,592 | 1,800,000 | ||||||
6 | Loan | 22, 23, 24, 25 | CCRE | CCRE, SG, Bank of America, N.A. and Barclays Bank PLC | Potomac Mills | 14,340,962 | 40,298,052 | 8/31/2016 | 12 | Trailing 12 | 53,920,493 | 13,594,604 | 40,325,889 | 13.9% | 322,385 | 1,289,527 | 38,713,977 | 4.39 | 13.3% | 765,000,000 |
7 | Loan | 26, 27, 28, 29, 30, 31, 32, 33 | CCRE | CCRE | Hill7 Office | N/A | N/A | N/A | N/A | Not Available | 13,087,128 | 3,763,565 | 9,323,563 | 9.2% | 42,852 | 0 | 9,280,711 | 2.68 | 9.2% | 202,000,000 |
8 | Loan | 34, 35, 36, 37 | Barclays Bank PLC | Barclays Bank PLC | Quantum Park | N/A | N/A | N/A | N/A | Not Available | 27,065,253 | 12,043,225 | 15,022,028 | 11.4% | 235,711 | 0 | 14,786,318 | 3.00 | 11.2% | 200,000,000 |
9 | Loan | 38, 39, 40, 41 | CGMRC | CGMRC | College Boulevard Portfolio | 7,407,318 | 7,375,576 | 7/31/2016 | 12 | Trailing 12 | 15,648,072 | 7,452,256 | 8,195,816 | 11.6% | 189,572 | 854,184 | 7,152,061 | 1.74 | 10.2% | 97,200,000 |
9.01 | Property | 7101 College Boulevard | 2,318,391 | 2,354,042 | 7/31/2016 | 12 | Trailing 12 | 5,012,587 | 2,370,317 | 2,642,270 | 57,165 | 268,635 | 2,316,470 | 32,200,000 | ||||||
9.02 | Property | Commerce Plaza I | 1,555,812 | 1,736,877 | 7/31/2016 | 12 | Trailing 12 | 3,258,327 | 1,547,794 | 1,710,533 | 39,524 | 178,797 | 1,492,212 | 21,815,316 | ||||||
9.03 | Property | Commerce Plaza II | 1,245,874 | 1,250,337 | 7/31/2016 | 12 | Trailing 12 | 2,641,151 | 1,247,087 | 1,394,063 | 31,843 | 145,712 | 1,216,509 | 17,784,684 | ||||||
9.04 | Property | Financial Plaza III | 1,317,196 | 1,179,389 | 7/31/2016 | 12 | Trailing 12 | 2,905,596 | 1,322,743 | 1,582,853 | 35,508 | 163,603 | 1,383,742 | 16,525,244 | ||||||
9.05 | Property | Financial Plaza II | 970,045 | 854,931 | 7/31/2016 | 12 | Trailing 12 | 1,830,412 | 964,315 | 866,097 | 25,532 | 97,437 | 743,128 | 8,874,756 | ||||||
10 | Loan | 42, 43, 44, 45 | CGMRC, RMF | CGMRC, RMF | Marriott Hilton Head Resort & Spa | 21,637,223 | 11,792,589 | 8/31/2016 | 12 | Trailing 12 | 33,338,474 | 21,646,100 | 11,692,374 | 11.9% | 1,666,924 | 0 | 10,025,450 | 1.47 | 10.2% | 163,500,000 |
11 | Loan | CGMRC | CGMRC | Lightstone Hotel Portfolio | 4,781,061 | 4,187,023 | 7/31/2016 | 12 | Trailing 12 | 8,941,661 | 5,249,478 | 3,692,183 | 13.0% | 460,709 | 0 | 3,231,474 | 1.82 | 11.4% | 47,600,000 | |
11.01 | Property | Home2 Suites Seattle Airport | 2,559,029 | 2,315,788 | 7/31/2016 | 12 | Trailing 12 | 4,861,498 | 2,887,861 | 1,973,637 | 194,460 | 0 | 1,779,177 | 28,700,000 | ||||||
11.02 | Property | Home2 Suites Salt Lake City/South Jordan | 2,222,032 | 1,871,235 | 7/31/2016 | 12 | Trailing 12 | 4,080,164 | 2,361,617 | 1,718,546 | 266,250 | 0 | 1,452,297 | 18,900,000 | ||||||
12 | Loan | 46, 47, 48 | CCRE | CCRE | Mills Fleet Farm | N/A | N/A | N/A | N/A | Not Available | 7,505,000 | 150,100 | 7,354,900 | 11.4% | 155,905 | 519,684 | 6,679,311 | 1.64 | 10.3% | 101,950,000 |
12.01 | Property | Mills Fleet Farm - Fargo, ND | N/A | N/A | N/A | N/A | Not Available | N/A | N/A | N/A | N/A | 0 | N/A | 24,500,000 | ||||||
12.02 | Property | Mills Fleet Farm - Green Bay (East), WI | N/A | N/A | N/A | N/A | Not Available | N/A | N/A | N/A | N/A | 0 | N/A | 24,400,000 | ||||||
12.03 | Property | Mills Fleet Farm - Mankato, MN | N/A | N/A | N/A | N/A | Not Available | N/A | N/A | N/A | N/A | 0 | N/A | 20,650,000 | ||||||
12.04 | Property | Mills Fleet Farm - Hudson, WI | N/A | N/A | N/A | N/A | Not Available | N/A | N/A | N/A | N/A | 0 | N/A | 16,800,000 | ||||||
12.05 | Property | Mills Fleet Farm - Marshfield, WI | N/A | N/A | N/A | N/A | Not Available | N/A | N/A | N/A | N/A | 0 | N/A | 15,600,000 | ||||||
13 | Loan | 49, 50 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio I | 6,276,506 | 3,251,066 | 6/30/2016 | 12 | Trailing 12 | 9,501,540 | 6,190,772 | 3,310,767 | 14.6% | 403,750 | 0 | 2,907,017 | 2.03 | 12.8% | 39,000,000 |
13.01 | Property | Hyatt House Charlotte | 3,278,824 | 1,394,583 | 6/30/2016 | 12 | Trailing 12 | 4,660,637 | 3,215,868 | 1,444,769 | 186,425 | 0 | 1,258,344 | �� | 21,000,000 | |||||
13.02 | Property | Hampton Inn Muskegon | 1,536,563 | 942,253 | 6/30/2016 | 12 | Trailing 12 | 2,472,043 | 1,532,228 | 939,816 | 98,882 | 0 | 840,934 | 9,500,000 | ||||||
13.03 | Property | Fairfield Inn & Suites Norton Shores | 1,461,119 | 914,230 | 6/30/2016 | 12 | Trailing 12 | 2,368,859 | 1,442,677 | 926,182 | 118,443 | 0 | 807,739 | 8,500,000 | ||||||
14 | Loan | 51, 52 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio II | 3,665,477 | 2,734,502 | 6/30/2016 | 12 | Trailing 12 | 6,382,493 | 3,791,775 | 2,590,718 | 13.7% | 255,300 | 0 | 2,335,418 | 1.96 | 12.3% | 28,100,000 |
14.01 | Property | Residence Inn Boise | 1,987,733 | 1,463,949 | 6/30/2016 | 12 | Trailing 12 | 3,442,251 | 2,057,964 | 1,384,287 | 137,690 | 0 | 1,246,597 | 15,300,000 | ||||||
14.02 | Property | Residence Inn Spokane | 1,677,744 | 1,270,553 | 6/30/2016 | 12 | Trailing 12 | 2,940,242 | 1,733,811 | 1,206,430 | 117,610 | 0 | 1,088,821 | 12,800,000 | ||||||
15 | Loan | Barclays Bank PLC | Barclays Bank PLC | Las Palmas I, II, III | 1,110,281 | 1,390,239 | 8/31/2016 | 12 | Trailing 12 | 2,578,080 | 1,141,199 | 1,436,880 | 8.6% | 53,000 | 0 | 1,383,880 | 1.40 | 8.3% | 24,090,000 | |
16 | Loan | 53, 54 | CGMRC | CGMRC | Broward County Office Portfolio | N/A | N/A | N/A | N/A | Not Available | 3,329,672 | 1,575,816 | 1,753,856 | 12.1% | 70,274 | 161,957 | 1,521,624 | 2.80 | 10.5% | 25,300,000 |
16.01 | Property | Bank of America Center | 354,327 | 391,408 | 8/31/2016 | 10 | Annualized | 1,011,779 | 433,752 | 578,027 | 36,772 | 49,199 | 492,056 | 10,000,000 | ||||||
16.02 | Property | Park Central Building 1 | N/A | N/A | N/A | N/A | Not Available | 1,334,375 | 710,504 | 623,870 | 15,191 | 76,119 | 532,561 | 7,800,000 | ||||||
16.03 | Property | Regions Bank Building | 415,957 | 518,011 | 8/31/2016 | 12 | Trailing 12 | 983,518 | 431,560 | 551,958 | 18,312 | 36,639 | 497,007 | 7,500,000 | ||||||
17 | Loan | Barclays Bank PLC | Barclays Bank PLC | North Pointe - Riverside | 594,313 | 1,285,986 | 8/31/2016 | 12 | Trailing 12 | 1,907,954 | 689,128 | 1,218,825 | 9.0% | 35,000 | 0 | 1,183,825 | 1.48 | 8.8% | 18,840,000 | |
18 | Loan | 55, 56 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio III | 3,594,992 | 1,697,350 | 6/30/2016 | 12 | Trailing 12 | 5,277,882 | 3,556,234 | 1,721,648 | 14.2% | 211,115 | 0 | 1,510,533 | 1.97 | 12.4% | 18,000,000 |
18.01 | Property | Fairfield Inn & Suites Lexington | 1,152,087 | 708,707 | 6/30/2016 | 12 | Trailing 12 | 1,855,710 | 1,160,208 | 695,502 | 74,228 | 0 | 621,273 | 7,000,000 | ||||||
18.02 | Property | Fairfield Inn & Suites Dayton | 1,347,424 | 550,614 | 6/30/2016 | 12 | Trailing 12 | 1,892,853 | 1,309,230 | 583,623 | 75,714 | 0 | 507,909 | 6,500,000 | ||||||
18.03 | Property | Fairfield Inn & Suites Ashland | 1,095,481 | 438,029 | 6/30/2016 | 12 | Trailing 12 | 1,529,320 | 1,086,796 | 442,524 | 61,173 | 0 | 381,351 | 4,500,000 | ||||||
19 | Loan | CCRE | CCRE | Southland Office Center | 1,245,608 | 1,342,182 | 5/31/2016 | 12 | Trailing 12 | 2,374,907 | 1,217,437 | 1,157,470 | 9.6% | 26,555 | 99,581 | 1,031,335 | 1.28 | 8.5% | 18,200,000 | |
20 | Loan | 57, 58 | RMF | RMF | The Bristol Hotel | 3,588,050 | 1,526,074 | 8/31/2016 | 12 | Trailing 12 | 4,979,027 | 3,558,280 | 1,420,747 | 11.9% | 199,161 | 0 | 1,221,586 | 1.59 | 10.2% | 23,100,000 |
21 | Loan | 59 | RMF | RMF | 444 Connecticut Avenue | 258,435 | 1,062,239 | 8/31/2016 | 12 | Trailing 12 | 1,247,556 | 275,604 | 971,952 | 8.5% | 12,164 | 32,101 | 927,687 | 1.32 | 8.1% | 17,660,000 |
22 | Loan | CGMRC | CGMRC | Mariposa Plaza | 326,462 | 888,877 | 7/31/2016 | 12 | Trailing 12 | 1,341,066 | 364,216 | 976,850 | 9.3% | 5,684 | 21,926 | 949,240 | 1.49 | 9.0% | 17,100,000 | |
23 | Loan | 60 | CGMRC | CGMRC | Hampton Inn & Suites Tempe ASU Area | 2,319,992 | 1,528,730 | 8/31/2016 | 12 | Trailing 12 | 3,838,206 | 2,368,292 | 1,469,914 | 14.9% | 153,528 | 0 | 1,316,386 | 2.30 | 13.3% | 17,300,000 |
24 | Loan | 61 | RMF | RMF | Staybridge Suites - Merrillville | 1,276,325 | 1,284,490 | 7/31/2016 | 12 | Trailing 12 | 2,553,818 | 1,371,270 | 1,182,548 | 12.5% | 102,153 | 0 | 1,080,395 | 1.89 | 11.4% | 14,000,000 |
25 | Loan | 62 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Torrance, CA | 587,693 | 1,185,939 | 9/30/2016 | 12 | Trailing 12 | 1,728,160 | 551,743 | 1,176,417 | 12.9% | 10,027 | 0 | 1,166,390 | 2.20 | 12.8% | 18,300,000 |
26 | Loan | 63, 64 | CGMRC | CGMRC | Homewood Suites Overland Park | 2,325,060 | 997,205 | 8/31/2016 | 12 | Trailing 12 | 3,313,188 | 2,353,705 | 959,483 | 12.8% | 132,528 | 0 | 826,955 | 1.52 | 11.0% | 12,500,000 |
27 | Loan | 65 | Barclays Bank PLC | Barclays Bank PLC | Hammer Lane Self Storage | 397,531 | 583,731 | 8/31/2016 | 12 | Trailing 12 | 1,036,112 | 321,820 | 714,292 | 9.7% | 15,841 | 0 | 698,450 | 2.30 | 9.5% | 12,050,000 |
28 | Loan | 66, 67 | CCRE | CCRE | Marriott Saddle Brook | 7,649,017 | 3,276,210 | 8/31/2016 | 12 | Trailing 12 | 10,895,377 | 7,503,985 | 3,391,392 | 12.5% | 544,769 | 0 | 2,846,623 | 1.58 | 10.5% | 43,000,000 |
29 | Loan | CGMRC | CGMRC | Brookdale Shopping Center | 304,796 | 782,214 | 7/31/2016 | 12 | Trailing 12 | 1,126,083 | 308,299 | 817,784 | 11.9% | 23,660 | 63,423 | 730,702 | 1.69 | 10.6% | 10,750,000 | |
30 | Loan | RMF | RMF | Parkview Apartments | 821,866 | 643,287 | 6/30/2016 | 12 | Trailing 12 | 1,515,066 | 814,487 | 700,579 | 10.5% | 50,000 | 0 | 650,579 | 1.54 | 9.8% | 10,470,000 | |
31 | Loan | 68 | CGMRC | CGMRC | NC Self Storage | 293,223 | 764,703 | 7/31/2016 | 12 | Trailing 12 | 1,057,926 | 305,628 | 752,298 | 11.6% | 18,643 | 0 | 733,656 | 1.90 | 11.3% | 11,600,000 |
32 | Loan | 69 | RMF | RMF | Town House Apartments - Memphis | 839,959 | 716,368 | 8/31/2016 | 12 | Trailing 12 | 1,540,695 | 889,406 | 651,289 | 10.5% | 40,750 | 0 | 610,539 | 1.60 | 9.8% | 10,650,000 |
33 | Loan | RMF | RMF | Preston Racquet Club Condominiums | 745,020 | 533,378 | 6/30/2016 | 12 | Trailing 12 | 1,304,841 | 769,583 | 535,258 | 8.9% | 28,000 | 0 | 507,258 | 1.33 | 8.5% | 8,070,000 |
A-9 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Most Recent Expenses (if past 2015) ($) | Most Recent NOI (if past 2015) ($) | Most Recent NOI Date (if past 2015) | Most Recent # of months | Most Recent Description | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Debt Yield on Underwritten Net Operating Income (%) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NCF DSCR (x) (4) | Debt Yield on Underwritten Net Cash Flow (%) | Appraised Value ($) |
34 | Loan | Barclays Bank PLC | Barclays Bank PLC | Landerhaven Office Park | 283,959 | 516,798 | 9/30/2016 | 12 | Trailing 12 | 911,129 | 294,767 | 616,363 | 11.3% | 14,954 | 96,928 | 504,481 | 1.51 | 9.3% | 7,400,000 | |
35 | Loan | 70 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Pomona, CA | 252,876 | 506,607 | 7/31/2016 | 12 | Trailing 12 | 754,773 | 237,573 | 517,200 | 9.5% | 9,689 | 0 | 507,512 | 2.40 | 9.4% | 9,480,000 |
36 | Loan | 71 | CGMRC | CGMRC | Rite Aid - ACV Portfolio #1 | 15,853 | 431,967 | 7/31/2016 | 12 | Trailing 12 | 551,075 | 22,445 | 528,630 | 10.0% | 3,357 | 22,056 | 503,217 | 1.51 | 9.5% | 9,000,000 |
36.01 | Property | 7700 Shepherdsville Road - Louisville, KY | 7,964 | 214,856 | 7/31/2016 | 12 | Trailing 12 | 314,323 | 12,480 | 301,843 | 1,677 | 12,071 | 288,095 | 5,200,000 | ||||||
36.02 | Property | 7500 Terry Road - Louisville, KY | 7,889 | 217,111 | 7/31/2016 | 12 | Trailing 12 | 236,752 | 9,965 | 226,787 | 1,680 | 9,984 | 215,122 | 3,800,000 | ||||||
37 | Loan | 72 | CGMRC | CGMRC | Regis Houze Apartments | 307,098 | 249,049 | 9/30/2016 | 6 | Annualized | 819,756 | 352,501 | 467,254 | 8.9% | 18,350 | 4,795 | 444,109 | 1.40 | 8.5% | 7,400,000 |
38 | Loan | CCRE | CCRE | Oakdale Shopping Center | 337,034 | 530,564 | 5/31/2016 | 12 | Trailing 12 | 951,197 | 339,317 | 611,880 | 12.5% | 29,377 | 71,072 | 511,431 | 1.52 | 10.5% | 9,420,000 | |
39 | Loan | 73 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Rosemead, CA | 237,530 | 421,321 | 7/31/2016 | 12 | Trailing 12 | 655,236 | 224,344 | 430,892 | 9.1% | 5,055 | 0 | 425,837 | 2.30 | 9.0% | 8,000,000 |
40 | Loan | 74 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Diamond Bar, CA | 225,295 | 415,174 | 7/31/2016 | 12 | Trailing 12 | 640,469 | 212,090 | 428,379 | 9.1% | 6,557 | 0 | 421,822 | 2.31 | 9.0% | 7,900,000 |
41 | Loan | Barclays Bank PLC | Barclays Bank PLC | Congress Pointe Shopping Center | 304,441 | 441,096 | 8/31/2016 | 12 | Trailing 12 | 719,465 | 308,628 | 410,838 | 10.3% | 5,453 | 23,194 | 382,191 | 1.50 | 9.6% | 5,600,000 | |
42 | Loan | 75 | CCRE | CCRE | Grand Avenue Business Plaza | 62,892 | 271,740 | 5/31/2016 | 12 | Trailing 12 | 338,915 | 79,350 | 259,565 | 9.1% | 2,228 | 6,962 | 250,375 | 1.33 | 8.8% | 4,000,000 |
43 | Loan | 76, 77 | CCRE | CCRE | Fresenius Birmingham | N/A | N/A | N/A | N/A | Not Available | 285,365 | 9,818 | 275,547 | 9.8% | 822 | 8,222 | 266,502 | 1.49 | 9.5% | 4,400,000 |
44 | Loan | CCRE | CCRE | Overland Corporate B Building | 64,796 | 144,982 | 6/30/2016 | 12 | Trailing 12 | 232,232 | 66,613 | 165,619 | 9.2% | 1,464 | 7,321 | 156,834 | 1.31 | 8.7% | 2,600,000 |
A-10 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Appraisal Date | As Stabilized Appraised Value ($) | As Stabilized Appraisal Date | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) | Occupancy (%) (5) | Occupancy Date | ADR ($) | RevPAR ($) | Largest Tenant | Largest Tenant Sq Ft | Largest Tenant Lease Expiration (6) | Second Largest Tenant |
1 | Loan | 8, 9 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A. | Briarwood Mall | 7/18/2016 | NAP | NAP | 49.1% | 49.1% | 96.5% | 8/9/2016 | NAP | NAP | MC Sporting Goods | 22,635 | 1/31/2021 | Forever 21 |
2 | Loan | 10 | RMF | RMF | The Townhouse Apartments - Stamford | 9/16/2016 | NAP | NAP | 63.0% | 63.0% | 97.8% | 9/1/2016 | NAP | NAP | NAP | NAP | ||
3 | Loan | 11, 12, 13, 14 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A., Wells Fargo Bank, National Association | 101 Hudson Street | 9/6/2016 | 560,000,000 | 9/1/2019 | 51.8% | 51.8% | 98.3% | 9/21/2016 | NAP | NAP | Bank of America | 388,207 | 3/31/2027 | National Union Fire Insurance |
4 | Loan | 15, 16 | CGMRC | CGMRC, LCF | 80 Park Plaza | 8/1/2016 | 201,400,000 | 8/1/2019 | 75.0% | 65.6% | 85.8% | 7/19/2016 | NAP | NAP | PSEG | 824,124 | 9/30/2030 | NAP |
5 | Loan | 17, 18, 19, 20, 21 | CGMRC | CGMRC | Belvoir Portfolio | 8/25/2016 | NAP | NAP | 69.4% | 58.9% | 99.0% | NAP | NAP | |||||
5.01 | Property | 225 Chapman Street | 8/25/2016 | NAP | NAP | 100.0% | 9/1/2016 | NAP | NAP | Pace Org. of Rhode Island | 23,225 | 6/14/2020 | Maquire Group, Inc. | |||||
5.02 | Property | 245 Chapman Street | 8/25/2016 | NAP | NAP | 100.0% | 9/1/2016 | NAP | NAP | Rhode Island Hospital | 26,048 | 4/30/2019 | Utilidata, Inc. | |||||
5.03 | Property | 717 Allens Avenue | 8/25/2016 | NAP | NAP | 100.0% | 9/1/2016 | NAP | NAP | Advertising Ventures | 17,470 | 7/31/2018 | Rhode Island Hospital | |||||
5.04 | Property | 1 Virginia Avenue | 8/25/2016 | NAP | NAP | 93.7% | 9/1/2016 | NAP | NAP | Lifespan Corporation | 11,840 | 8/31/2018 | Care Link, Inc. | |||||
5.05 | Property | 765 Allens Avenue | 8/25/2016 | NAP | NAP | 100.0% | 9/1/2016 | NAP | NAP | Rhode Island Hospital | 30,071 | 2/14/2021 | Lifespan Corporation | |||||
5.06 | Property | 17 Virginia Avenue | 8/25/2016 | NAP | NAP | 96.4% | 9/1/2016 | NAP | NAP | Rhode Island Hospital | 14,795 | 9/30/2020 | University Medicine Foundation | |||||
5.07 | Property | 117 Ellenfield Street | 8/25/2016 | NAP | NAP | 100.0% | 9/1/2016 | NAP | NAP | Lifespan Corporation | 24,659 | 10/31/2017 | NAP | |||||
5.08 | Property | 240 Chapman Street | 8/25/2016 | NAP | NAP | 100.0% | 9/1/2016 | NAP | NAP | Lifespan Corporation | 20,000 | 4/30/2019 | NAP | |||||
5.09 | Property | 45 Baker Street | 8/25/2016 | NAP | NAP | 100.0% | 9/1/2016 | NAP | NAP | Rhode Island Hospital | 16,600 | 7/31/2021 | NAP | |||||
5.10 | Property | 63 Baker Street | 8/25/2016 | NAP | NAP | 100.0% | 9/1/2016 | NAP | NAP | Johnson & Wales University | 12,600 | 9/30/2021 | NAP | |||||
5.11 | Property | 78 Baker Street | 8/25/2016 | NAP | NAP | 100.0% | 9/1/2016 | NAP | NAP | JKW Holdings, LLC | 7,025 | 2/28/2021 | Coastal Medical | |||||
5.12 | Property | 75 Baker Street | 8/25/2016 | NAP | NAP | 100.0% | 9/1/2016 | NAP | NAP | IGT Global Solutions Corp. | 10,640 | 12/31/2020 | Baker St. Café | |||||
6 | Loan | 22, 23, 24, 25 | CCRE | CCRE, SG, Bank of America, N.A. and Barclays Bank PLC | Potomac Mills | 9/12/2016 | NAP | NAP | 38.0% | 38.0% | 97.7% | 9/20/2016 | NAP | NAP | Costco Warehouse | 148,146 | 5/31/2032 | J.C. Penney |
7 | Loan | 26, 27, 28, 29, 30, 31, 32, 33 | CCRE | CCRE | Hill7 Office | 9/20/2016 | 227,000,000 | 1/1/2019 | 48.5% | 48.5% | 80.4% | 10/4/2016 | NAP | NAP | Redfin | 112,989 | 7/31/2027 | HBO |
8 | Loan | 34, 35, 36, 37 | Barclays Bank PLC | Barclays Bank PLC | Quantum Park | 9/12/2016 | NAP | NAP | 66.0% | 66.0% | 100.0% | 9/28/2016 | NAP | NAP | Verizon Business Network Services Inc. | 942,843 | 11/30/2027 | NAP |
9 | Loan | 38, 39, 40, 41 | CGMRC | CGMRC | College Boulevard Portfolio | 7/18/2016 | NAP | NAP | 72.4% | 57.9% | 93.2% | NAP | NAP | |||||
9.01 | Property | 7101 College Boulevard | 7/18/2016 | NAP | NAP | 92.9% | 7/1/2016 | NAP | NAP | General Electric Company | 44,877 | 9/30/2017 | Brungardt Honomichi & Company, P.A. | |||||
9.02 | Property | Commerce Plaza I | 7/18/2016 | NAP | NAP | 98.4% | 5/31/2016 | NAP | NAP | Principal Life Insurance Co. | 20,706 | 2/28/2019 | Employers Mutual Casualty Co. | |||||
9.03 | Property | Commerce Plaza II | 7/18/2016 | NAP | NAP | 98.1% | 5/31/2016 | NAP | NAP | Cardinal Health 127, Inc. | 41,609 | 7/31/2021 | Connecticut General Life Insurance | |||||
9.04 | Property | Financial Plaza III | 7/18/2016 | NAP | NAP | 95.8% | 5/31/2016 | NAP | NAP | Arrowhead General Insurance Agency, Inc. | 24,077 | 9/30/2022 | Federated Mutual Insurance Company | |||||
9.05 | Property | Financial Plaza II | 7/18/2016 | NAP | NAP | 76.8% | 5/31/2016 | NAP | NAP | First State Bank of St. Charles | 11,514 | 11/30/2017 | Liberty Mutual Insurance Company | |||||
10 | Loan | 42, 43, 44, 45 | CGMRC, RMF | CGMRC, RMF | Marriott Hilton Head Resort & Spa | 8/30/2016 | NAP | NAP | 59.8% | 44.7% | 59.2% | 8/31/2016 | 188.89 | 111.87 | NAP | NAP | ||
11 | Loan | CGMRC | CGMRC | Lightstone Hotel Portfolio | Various | 53,200,000 | Various | 59.6% | 54.8% | 72.7% | 124.03 | 90.21 | ||||||
11.01 | Property | Home2 Suites Seattle Airport | 8/27/2016 | 32,600,000 | 9/1/2020 | 67.6% | 7/31/2016 | 138.74 | 93.72 | NAP | NAP | |||||||
11.02 | Property | Home2 Suites Salt Lake City/South Jordan | 8/24/2016 | 20,600,000 | 9/1/2019 | 78.5% | 7/31/2016 | 109.96 | 86.30 | NAP | NAP | |||||||
12 | Loan | 46, 47, 48 | CCRE | CCRE | Mills Fleet Farm | Various | NAP | NAP | 63.5% | 52.0% | 100.0% | NAP | NAP | |||||
12.01 | Property | Mills Fleet Farm - Fargo, ND | 5/12/2016 | NAP | NAP | 100.0% | 6/16/2016 | NAP | NAP | Mills Fleet Farm | 244,268 | 6/30/2036 | NAP | |||||
12.02 | Property | Mills Fleet Farm - Green Bay (East), WI | 5/20/2016 | NAP | NAP | 100.0% | 6/16/2016 | NAP | NAP | Mills Fleet Farm | 228,197 | 6/30/2036 | NAP | |||||
12.03 | Property | Mills Fleet Farm - Mankato, MN | 5/18/2016 | NAP | NAP | 100.0% | 6/16/2016 | NAP | NAP | Mills Fleet Farm | 207,610 | 6/30/2036 | NAP | |||||
12.04 | Property | Mills Fleet Farm - Hudson, WI | 5/17/2016 | NAP | NAP | 100.0% | 6/16/2016 | NAP | NAP | Mills Fleet Farm | 185,630 | 6/30/2036 | NAP | |||||
12.05 | Property | Mills Fleet Farm - Marshfield, WI | 5/20/2016 | NAP | NAP | 100.0% | 6/16/2016 | NAP | NAP | Mills Fleet Farm | 173,663 | 6/30/2036 | NAP | |||||
13 | Loan | 49, 50 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio I | Various | 42,600,000 | Various | 58.2% | 47.6% | 75.4% | 112.55 | 84.82 | |||||
13.01 | Property | Hyatt House Charlotte | 8/11/2016 | 23,200,000 | 8/11/2018 | 81.3% | 6/30/2016 | 111.14 | 90.36 | NAP | NAP | |||||||
13.02 | Property | Hampton Inn Muskegon | 8/10/2016 | 10,200,000 | 8/1/2018 | 71.5% | 6/30/2016 | 116.76 | 83.45 | NAP | NAP | |||||||
13.03 | Property | Fairfield Inn & Suites Norton Shores | 8/10/2016 | 9,200,000 | 8/1/2018 | 69.4% | 6/30/2016 | 111.02 | 77.09 | NAP | NAP | |||||||
14 | Loan | 51, 52 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio II | 4/1/2016 | 32,100,000 | 4/1/2018 | 67.4% | 55.1% | 79.9% | 115.14 | 91.97 | |||||
14.01 | Property | Residence Inn Boise | 4/1/2016 | 16,800,000 | 4/1/2018 | 80.7% | 6/30/2016 | 110.87 | 89.52 | NAP | NAP | |||||||
14.02 | Property | Residence Inn Spokane | 4/1/2016 | 15,300,000 | 4/1/2018 | 78.8% | 6/30/2016 | 120.56 | 95.01 | NAP | NAP | |||||||
15 | Loan | Barclays Bank PLC | Barclays Bank PLC | Las Palmas I, II, III | 4/28/2016 | NAP | NAP | 69.5% | 55.8% | 98.6% | 8/20/2016 | NAP | NAP | NAP | NAP | |||
16 | Loan | 53, 54 | CGMRC | CGMRC | Broward County Office Portfolio | Various | 26,700,000 | Various | 57.3% | 57.3% | 82.3% | NAP | NAP | |||||
16.01 | Property | Bank of America Center | 8/29/2016 | 10,600,000 | 9/1/2017 | 69.3% | 8/31/2016 | NAP | NAP | AC Media Inc | 5,500 | 11/30/2019 | Bank of America, N.A. | |||||
16.02 | Property | Park Central Building 1 | 8/23/2016 | 8,600,000 | 8/1/2017 | 84.1% | 8/31/2016 | NAP | NAP | Sedgwick Claims Management | 17,184 | 12/31/2019 | Lakeview Health Group | |||||
16.03 | Property | Regions Bank Building | 8/29/2016 | NAP | NAP | 96.0% | 8/31/2016 | NAP | NAP | Regions Bank | 4,717 | 2/28/2020 | O’Connel & Goldberg | |||||
17 | Loan | Barclays Bank PLC | Barclays Bank PLC | North Pointe - Riverside | 4/28/2016 | NAP | NAP | 71.7% | 57.5% | 92.1% | 8/20/2016 | NAP | NAP | NAP | NAP | |||
18 | Loan | 55, 56 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio III | Various | 19,500,000 | 8/1/2018 | 67.4% | 55.1% | 73.7% | 97.55 | 71.55 | |||||
18.01 | Property | Fairfield Inn & Suites Lexington | 8/12/2016 | 7,700,000 | 8/1/2018 | 75.8% | 6/30/2016 | 110.68 | 83.88 | NAP | NAP | |||||||
18.02 | Property | Fairfield Inn & Suites Dayton | 8/10/2016 | 7,000,000 | 8/1/2018 | 71.4% | 6/30/2016 | 89.96 | 64.23 | NAP | NAP | |||||||
18.03 | Property | Fairfield Inn & Suites Ashland | 8/11/2016 | 4,800,000 | 8/1/2018 | 73.5% | 6/30/2016 | 93.85 | 68.97 | NAP | NAP | |||||||
19 | Loan | CCRE | CCRE | Southland Office Center | 6/27/2016 | NAP | NAP | 66.3% | 61.6% | 81.9% | 7/1/2016 | NAP | NAP | Café Press | 15,627 | 1/31/2019 | Social Security Administration | |
20 | Loan | 57, 58 | RMF | RMF | The Bristol Hotel | 8/9/2017 | 23,800,000 | 8/9/2018 | 51.9% | 42.6% | 81.9% | 8/31/2016 | 145.18 | 118.85 | NAP | NAP | ||
21 | Loan | 59 | RMF | RMF | 444 Connecticut Avenue | 8/29/2016 | NAP | NAP | 64.6% | 56.6% | 100.0% | 10/3/2016 | NAP | NAP | P.C. Richard & Son, Inc. | 33,790 | 1/31/2029 | NAP |
22 | Loan | CGMRC | CGMRC | Mariposa Plaza | 8/11/2016 | NAP | NAP | 61.4% | 49.6% | 100.0% | 9/14/2016 | NAP | NAP | Citibank, F.S.B. | 11,048 | 12/31/2033 | CVS | |
23 | Loan | 60 | CGMRC | CGMRC | Hampton Inn & Suites Tempe ASU Area | 8/11/2016 | NAP | NAP | 57.2% | 45.6% | 74.0% | 8/31/2016 | 120.45 | 89.17 | NAP | NAP | ||
24 | Loan | 61 | RMF | RMF | Staybridge Suites - Merrillville | 7/21/2016 | NAP | NAP | 67.7% | 54.7% | 79.0% | 7/31/2016 | 107.95 | 85.28 | NAP | NAP | ||
25 | Loan | 62 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Torrance, CA | 8/30/2016 | NAP | NAP | 49.8% | 39.7% | 97.6% | 8/31/2016 | NAP | NAP | NAP | NAP | ||
26 | Loan | 63, 64 | CGMRC | CGMRC | Homewood Suites Overland Park | 7/26/2016 | 16,000,000 | 8/1/2018 | 46.8% | 41.9% | 85.4% | 8/31/2016 | 114.98 | 98.20 | NAP | NAP | ||
27 | Loan | 65 | Barclays Bank PLC | Barclays Bank PLC | Hammer Lane Self Storage | 9/7/2016 | NAP | NAP | 61.0% | 61.0% | 98.0% | 9/7/2016 | NAP | NAP | NAP | NAP | ||
28 | Loan | 66, 67 | CCRE | CCRE | Marriott Saddle Brook | 9/4/2015 | NAP | NAP | 63.1% | 52.8% | 60.3% | 8/31/2016 | 157.90 | 95.18 | NAP | NAP | ||
29 | Loan | CGMRC | CGMRC | Brookdale Shopping Center | 8/26/2016 | NAP | NAP | 64.1% | 52.4% | 89.7% | 8/8/2016 | NAP | NAP | Power House Gym | 16,128 | 5/31/2020 | ACO | |
30 | Loan | RMF | RMF | Parkview Apartments | 7/19/2016 | NAP | NAP | 63.4% | 52.0% | 97.5% | 7/12/2016 | NAP | NAP | NAP | NAP | |||
31 | Loan | 68 | CGMRC | CGMRC | NC Self Storage | 8/9/2016 | NAP | NAP | 56.0% | 45.0% | 97.3% | 8/15/2016 | NAP | NAP | NAP | NAP | ||
32 | Loan | 69 | RMF | RMF | Town House Apartments - Memphis | 8/13/2016 | NAP | NAP | 58.2% | 51.1% | 95.7% | 8/31/2016 | NAP | NAP | NAP | NAP | ||
33 | Loan | RMF | RMF | Preston Racquet Club Condominiums | 7/15/2016 | NAP | NAP | 74.3% | 62.5% | 100.0% | 7/12/2016 | NAP | NAP | NAP | NAP |
A-11 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Appraisal Date | As Stabilized Appraised Value ($) | As Stabilized Appraisal Date | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) | Occupancy (%) (5) | Occupancy Date | ADR ($) | RevPAR ($) | Largest Tenant | Largest Tenant Sq Ft | Largest Tenant Lease Expiration (6) | Second Largest Tenant |
34 | Loan | Barclays Bank PLC | Barclays Bank PLC | Landerhaven Office Park | 9/13/2016 | 7,650,000 | 9/13/2017 | 73.6% | 59.7% | 84.1% | 9/12/2016 | NAP | NAP | Shalom Adult Day Care | 11,656 | 12/31/2018 | Lander Workspace, LLC | |
35 | Loan | 70 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Pomona, CA | 8/29/2016 | NAP | NAP | 57.2% | 57.2% | 98.3% | 7/31/2016 | NAP | NAP | NAP | NAP | ||
36 | Loan | 71 | CGMRC | CGMRC | Rite Aid - ACV Portfolio #1 | 8/18/2016 | NAP | NAP | 58.9% | 50.7% | 100.0% | NAP | NAP | |||||
36.01 | Property | 7700 Shepherdsville Road - Louisville, KY | 8/18/2016 | NAP | NAP | 100.0% | 10/21/2016 | NAP | NAP | Rite Aid Pharmacy | 11,180 | 12/31/2026 | NAP | |||||
36.02 | Property | 7500 Terry Road - Louisville, KY | 8/18/2016 | NAP | NAP | 100.0% | 10/21/2016 | NAP | NAP | Rite Aid Pharmacy | 11,203 | 12/31/2026 | NAP | |||||
37 | Loan | 72 | CGMRC | CGMRC | Regis Houze Apartments | 8/19/2016 | NAP | NAP | 70.6% | 57.0% | 100.0% | 10/11/2016 | NAP | NAP | St. Regis Naked Fuel, LLC | 3,300 | 9/30/2021 | Unity Urban Ministerial School |
38 | Loan | CCRE | CCRE | Oakdale Shopping Center | 6/24/2016 | NAP | NAP | 51.8% | 38.6% | 92.4% | 8/3/2016 | NAP | NAP | Best Deal Food Co., Inc. | 24,770 | 6/30/2022 | CHI Management, Inc. | |
39 | Loan | 73 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Rosemead, CA | 8/30/2016 | NAP | NAP | 59.4% | 59.4% | 97.9% | 7/31/2016 | NAP | NAP | NAP | NAP | ||
40 | Loan | 74 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Diamond Bar, CA | 8/30/2016 | NAP | NAP | 59.4% | 59.4% | 96.8% | 7/31/2016 | NAP | NAP | NAP | NAP | ||
41 | Loan | Barclays Bank PLC | Barclays Bank PLC | Congress Pointe Shopping Center | 7/22/2016 | NAP | NAP | 71.4% | 58.5% | 100.0% | 9/1/2016 | NAP | NAP | El Torito Sports Pub & Cantina | 7,730 | 10/31/2028 | Booksmart | |
42 | Loan | 75 | CCRE | CCRE | Grand Avenue Business Plaza | 6/2/2016 | NAP | NAP | 71.0% | 59.1% | 100.0% | 5/24/2016 | NAP | NAP | Pacific Marine Credit Union | 2,538 | 11/30/2018 | Panda Express, Inc. |
43 | Loan | 76, 77 | CCRE | CCRE | Fresenius Birmingham | 8/3/2016 | NAP | NAP | 63.6% | 58.6% | 100.0% | 8/26/2016 | NAP | NAP | Fresenius Birmingham | 8,222 | 8/1/2031 | NAP |
44 | Loan | CCRE | CCRE | Overland Corporate B Building | 7/21/2016 | NAP | NAP | 69.1% | 57.4% | 100.0% | 8/1/2016 | NAP | NAP | Sellstate - Gryffin Realty | 2,888 | 7/31/2018 | North American Title Company |
A-12 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Second Largest Tenant Sq Ft | Second Largest Tenant Lease Expiration (6) | Third Largest Tenant | Third Largest Tenant Sq Ft | Third Largest Tenant Lease Expiration (6) | Fourth Largest Tenant | Fourth Largest Tenant Sq Ft | Fourth Largest Tenant Lease Expiration (6) | Fifth Largest Tenant |
1 | Loan | 8, 9 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A. | Briarwood Mall | 15,941 | 7/31/2024 | Victoria’s Secret | 14,232 | 1/31/2026 | H&M | 13,206 | 1/31/2018 | The Gap/Gap Kids |
2 | Loan | 10 | RMF | RMF | The Townhouse Apartments - Stamford | NAP | NAP | NAP | ||||||
3 | Loan | 11, 12, 13, 14 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A., Wells Fargo Bank, National Association | 101 Hudson Street | 271,533 | 4/30/2018 | Tullett Prebon Holdings Corp. | 100,909 | 11/30/2023 | Jeffries LLC | 62,763 | 6/30/2023 | First Data Corporation |
4 | Loan | 15, 16 | CGMRC | CGMRC, LCF | 80 Park Plaza | NAP | NAP | NAP | ||||||
5 | Loan | 17, 18, 19, 20, 21 | CGMRC | CGMRC | Belvoir Portfolio | |||||||||
5.01 | Property | 225 Chapman Street | 13,312 | 12/31/2018 | Vision3 Architects, Inc. | 7,797 | 6/30/2019 | National Perinantal Info Cent | 3,960 | 7/4/2026 | NsGene, Inc. | |||
5.02 | Property | 245 Chapman Street | 15,160 | 4/30/2018 | NAP | NAP | NAP | |||||||
5.03 | Property | 717 Allens Avenue | 10,290 | 8/31/2019 | Rhode Island Monthly Commun. | 8,000 | 3/14/2020 | Semma Therapeutics, Inc. | 6,195 | 12/31/2018 | Perinatal Consultants, LLC | |||
5.04 | Property | 1 Virginia Avenue | 6,675 | 1/31/2020 | University Orthopedics, Inc. | 4,892 | 3/31/2024 | New England Medical Design | 4,247 | 12/31/2019 | Lifespan Physician Group, Inc. | |||
5.05 | Property | 765 Allens Avenue | 4,160 | 2/15/2019 | Mark Marich (North East Pros) | 2,220 | 10/31/2021 | NAP | NAP | |||||
5.06 | Property | 17 Virginia Avenue | 11,257 | 1/31/2018 | Belvoir Properties | 3,320 | 2/28/2017 | Key Consulting, LLC | 1,160 | 9/30/2017 | ENE Systems, Inc. | |||
5.07 | Property | 117 Ellenfield Street | NAP | NAP | NAP | |||||||||
5.08 | Property | 240 Chapman Street | NAP | NAP | NAP | |||||||||
5.09 | Property | 45 Baker Street | NAP | NAP | NAP | |||||||||
5.10 | Property | 63 Baker Street | NAP | NAP | NAP | |||||||||
5.11 | Property | 78 Baker Street | 5,600 | 9/30/2020 | NAP | NAP | NAP | |||||||
5.12 | Property | 75 Baker Street | 1,280 | 4/30/2017 | NAP | NAP | NAP | |||||||
6 | Loan | 22, 23, 24, 25 | CCRE | CCRE, SG, Bank of America, N.A. and Barclays Bank PLC | Potomac Mills | 100,140 | 2/28/2022 | AMC Theatres | 75,273 | 2/28/2019 | Buy Buy Baby/and That! | 73,432 | 1/31/2025 | Marshalls |
7 | Loan | 26, 27, 28, 29, 30, 31, 32, 33 | CCRE | CCRE | Hill7 Office | 112,222 | 5/31/2025 | Metropolitan Café & Deli | 1,861 | 7/31/2026 | Freshy’s Coffee | 1,489 | 8/31/2025 | Jars Juicing Company, LLC |
8 | Loan | 34, 35, 36, 37 | Barclays Bank PLC | Barclays Bank PLC | Quantum Park | NAP | NAP | NAP | ||||||
9 | Loan | 38, 39, 40, 41 | CGMRC | CGMRC | College Boulevard Portfolio | |||||||||
9.01 | Property | 7101 College Boulevard | 23,983 | 11/30/2021 | MedTrak Services, LLC | 16,435 | 11/30/2018 | Mize Houser & Company | 13,989 | 6/30/2019 | Diagnostic Imaging Centers, P.A. | |||
9.02 | Property | Commerce Plaza I | 18,162 | 1/31/2021 | RGN-Overland Park II, LLC | 18,110 | 3/31/2018 | Walsworth Publishing Co. | 18,096 | 8/31/2020 | Odyssey Reinsurance Company | |||
9.03 | Property | Commerce Plaza II | 30,277 | 1/31/2022 | HMN Architects | 17,667 | 9/30/2019 | Simpson Logback Lynch Norris | 15,187 | 1/31/2019 | AXA Equitable Life Insurance | |||
9.04 | Property | Financial Plaza III | 9,147 | 5/31/2024 | Spencer Reed Group, LLC | 8,869 | 3/31/2017 | The Cottonwood Group, LLC | 6,937 | 6/30/2017 | Radius Reimbursement Services, LLC | |||
9.05 | Property | Financial Plaza II | 9,015 | 2/28/2017 | JPMorgan Chase Bank, N.A. | 7,360 | 3/31/2018 | V Wealth Management, LLC | 7,331 | 1/31/2017 | Atlantic Specialty Insurance Company | |||
10 | Loan | 42, 43, 44, 45 | CGMRC, RMF | CGMRC, RMF | Marriott Hilton Head Resort & Spa | NAP | NAP | NAP | ||||||
11 | Loan | CGMRC | CGMRC | Lightstone Hotel Portfolio | ||||||||||
11.01 | Property | Home2 Suites Seattle Airport | NAP | NAP | NAP | |||||||||
11.02 | Property | Home2 Suites Salt Lake City/South Jordan | NAP | NAP | NAP | |||||||||
12 | Loan | 46, 47, 48 | CCRE | CCRE | Mills Fleet Farm | |||||||||
12.01 | Property | Mills Fleet Farm - Fargo, ND | NAP | NAP | NAP | |||||||||
12.02 | Property | Mills Fleet Farm - Green Bay (East), WI | NAP | NAP | NAP | |||||||||
12.03 | Property | Mills Fleet Farm - Mankato, MN | NAP | NAP | NAP | |||||||||
12.04 | Property | Mills Fleet Farm - Hudson, WI | NAP | NAP | NAP | |||||||||
12.05 | Property | Mills Fleet Farm - Marshfield, WI | NAP | NAP | NAP | |||||||||
13 | Loan | 49, 50 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio I | |||||||||
13.01 | Property | Hyatt House Charlotte | NAP | NAP | NAP | |||||||||
13.02 | Property | Hampton Inn Muskegon | NAP | NAP | NAP | |||||||||
13.03 | Property | Fairfield Inn & Suites Norton Shores | NAP | NAP | NAP | |||||||||
14 | Loan | 51, 52 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio II | |||||||||
14.01 | Property | Residence Inn Boise | NAP | NAP | NAP | |||||||||
14.02 | Property | Residence Inn Spokane | NAP | NAP | NAP | |||||||||
15 | Loan | Barclays Bank PLC | Barclays Bank PLC | Las Palmas I, II, III | NAP | NAP | NAP | |||||||
16 | Loan | 53, 54 | CGMRC | CGMRC | Broward County Office Portfolio | |||||||||
16.01 | Property | Bank of America Center | 5,010 | 4/15/2022 | HealthCare Partners South FL | 3,559 | 6/30/2018 | Crump Life Insurance Services | 3,198 | 2/28/2018 | JNS Foods, LLC | |||
16.02 | Property | Park Central Building 1 | 11,070 | 6/12/2018 | JAE Restaurant Group | 7,663 | 7/31/2021 | United Marketing Group | 7,300 | 11/30/2022 | Promero | |||
16.03 | Property | Regions Bank Building | 3,038 | 2/28/2017 | Cadenza Center for Psycho | 3,011 | 9/30/2019 | Gady Abramson, DC, PA | 2,327 | 12/31/2019 | Elias J. Mualin, MD | |||
17 | Loan | Barclays Bank PLC | Barclays Bank PLC | North Pointe - Riverside | NAP | NAP | NAP | |||||||
18 | Loan | 55, 56 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio III | |||||||||
18.01 | Property | Fairfield Inn & Suites Lexington | NAP | NAP | NAP | |||||||||
18.02 | Property | Fairfield Inn & Suites Dayton | NAP | NAP | NAP | |||||||||
18.03 | Property | Fairfield Inn & Suites Ashland | NAP | NAP | NAP | |||||||||
19 | Loan | CCRE | CCRE | Southland Office Center | 11,620 | 12/15/2026 | Bank of the West | 6,024 | 8/14/2018 | Atlantic Specialty Coffee, Inc. | 4,695 | 10/31/2017 | TW Hyndman | |
20 | Loan | 57, 58 | RMF | RMF | The Bristol Hotel | NAP | NAP | NAP | ||||||
21 | Loan | 59 | RMF | RMF | 444 Connecticut Avenue | NAP | NAP | NAP | ||||||
22 | Loan | CGMRC | CGMRC | Mariposa Plaza | 10,141 | 1/31/2035 | All4Cycling USA | 5,782 | 11/30/2021 | UPS Store | 1,450 | 11/30/2024 | NAP | |
23 | Loan | 60 | CGMRC | CGMRC | Hampton Inn & Suites Tempe ASU Area | NAP | NAP | NAP | ||||||
24 | Loan | 61 | RMF | RMF | Staybridge Suites - Merrillville | NAP | NAP | NAP | ||||||
25 | Loan | 62 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Torrance, CA | NAP | NAP | NAP | ||||||
26 | Loan | 63, 64 | CGMRC | CGMRC | Homewood Suites Overland Park | NAP | NAP | NAP | ||||||
27 | Loan | 65 | Barclays Bank PLC | Barclays Bank PLC | Hammer Lane Self Storage | NAP | NAP | NAP | ||||||
28 | Loan | 66, 67 | CCRE | CCRE | Marriott Saddle Brook | NAP | NAP | NAP | ||||||
29 | Loan | CGMRC | CGMRC | Brookdale Shopping Center | 15,250 | 2/28/2022 | Pet Supplies Plus | 10,000 | 10/31/2022 | The Playground | 8,000 | 2/28/2018 | Solid Rock Bible Church | |
30 | Loan | RMF | RMF | Parkview Apartments | NAP | NAP | NAP | |||||||
31 | Loan | 68 | CGMRC | CGMRC | NC Self Storage | NAP | NAP | NAP | ||||||
32 | Loan | 69 | RMF | RMF | Town House Apartments - Memphis | NAP | NAP | NAP | ||||||
33 | Loan | RMF | RMF | Preston Racquet Club Condominiums | NAP | NAP | NAP |
A-13 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Second Largest Tenant Sq Ft | Second Largest Tenant Lease Expiration (6) | Third Largest Tenant | Third Largest Tenant Sq Ft | Third Largest Tenant Lease Expiration (6) | Fourth Largest Tenant | Fourth Largest Tenant Sq Ft | Fourth Largest Tenant Lease Expiration (6) | Fifth Largest Tenant |
34 | Loan | Barclays Bank PLC | Barclays Bank PLC | Landerhaven Office Park | 8,850 | 11/30/2021 | Results Fitness | 5,000 | 1/15/2019 | Balance Solutions | 4,390 | 2/28/2019 | Hangar Prosthetic | |
35 | Loan | 70 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Pomona, CA | NAP | NAP | NAP | ||||||
36 | Loan | 71 | CGMRC | CGMRC | Rite Aid - ACV Portfolio #1 | |||||||||
36.01 | Property | 7700 Shepherdsville Road - Louisville, KY | NAP | NAP | NAP | |||||||||
36.02 | Property | 7500 Terry Road - Louisville, KY | NAP | NAP | NAP | |||||||||
37 | Loan | 72 | CGMRC | CGMRC | Regis Houze Apartments | 1,300 | 6/30/2019 | NAP | NAP | NAP | ||||
38 | Loan | CCRE | CCRE | Oakdale Shopping Center | 16,864 | 3/31/2021 | Grocery Outlet | 16,520 | 8/31/2022 | Jennifer Do | 8,567 | 7/31/2019 | Cindy’s Restaurant | |
39 | Loan | 73 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Rosemead, CA | NAP | NAP | NAP | ||||||
40 | Loan | 74 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Diamond Bar, CA | NAP | NAP | NAP | ||||||
41 | Loan | Barclays Bank PLC | Barclays Bank PLC | Congress Pointe Shopping Center | 3,900 | 11/30/2020 | Wing’s Plus | 3,200 | 8/31/2018 | Laundromat | 2,600 | 8/31/2018 | Napoli’s Pizza | |
42 | Loan | 75 | CCRE | CCRE | Grand Avenue Business Plaza | 2,016 | 10/31/2018 | WG Wireless, Inc. dba Cricket Wireless | 1,204 | 3/31/2017 | Vida Namavar, DDS dba Vida Family Dental | 1,204 | 12/31/2023 | NAP |
43 | Loan | 76, 77 | CCRE | CCRE | Fresenius Birmingham | NAP | NAP | NAP | ||||||
44 | Loan | CCRE | CCRE | Overland Corporate B Building | 2,637 | 7/31/2021 | loanDepot.com, LLC d/b/a imortgage | 2,459 | 9/30/2019 | VIP Weight Solutions, LLC | 1,777 | 10/31/2017 | NAP |
A-14 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Fifth Largest Tenant Sq Ft | Fifth Largest Tenant Lease Expiration (6) | Environmental Phase I Report Date | Environmental Phase II Y/N | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Earthquake Insurance Required Y/N | Upfront RE Tax Reserve ($) | Ongoing RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Ongoing Insurance Reserve ($) | Upfront Replacement Reserve ($) | Ongoing Replacement Reserve ($) |
1 | Loan | 8, 9 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A. | Briarwood Mall | 13,191 | 1/31/2017 | 7/25/2016 | No | NAP | 7/25/2016 | NAP | NAP | No | 0 | 0 | 0 | 0 | 0 | 0 |
2 | Loan | 10 | RMF | RMF | The Townhouse Apartments - Stamford | 9/19/2016 | No | NAP | 9/19/2016 | NAP | NAP | No | 234,934 | 55,937 | 0 | 0 | 0 | 5,625 | ||
3 | Loan | 11, 12, 13, 14 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A., Wells Fargo Bank, National Association | 101 Hudson Street | 54,669 | 5/31/2026 | 8/30/2016 | No | NAP | 8/26/2016 | NAP | NAP | No | 0 | 0 | 0 | 0 | 0 | 0 |
4 | Loan | 15, 16 | CGMRC | CGMRC, LCF | 80 Park Plaza | 7/15/2016 | No | NAP | 7/14/2016 | NAP | NAP | No | 906,128 | 302,043 | 35,304 | 17,652 | 4,500,000 | 0 | ||
5 | Loan | 17, 18, 19, 20, 21 | CGMRC | CGMRC | Belvoir Portfolio | No | 74,409 | 0 | 30,760 | 7,690 | 0 | 7,590 | ||||||||
5.01 | Property | 225 Chapman Street | 3,800 | 7/14/2017 | 7/19/2016 | No | NAP | 7/15/2016 | NAP | NAP | No | |||||||||
5.02 | Property | 245 Chapman Street | 7/20/2016 | No | NAP | 7/15/2016 | NAP | NAP | No | |||||||||||
5.03 | Property | 717 Allens Avenue | 2,855 | 9/30/2019 | 7/18/2016 | No | NAP | 7/15/2016 | NAP | NAP | No | |||||||||
5.04 | Property | 1 Virginia Avenue | 3,048 | 8/31/2017 | 7/20/2016 | No | NAP | 7/15/2016 | NAP | NAP | No | |||||||||
5.05 | Property | 765 Allens Avenue | 7/19/2016 | No | NAP | 7/15/2016 | NAP | NAP | No | |||||||||||
5.06 | Property | 17 Virginia Avenue | 851 | 10/31/2018 | 7/18/2016 | No | NAP | 7/15/2016 | NAP | NAP | No | |||||||||
5.07 | Property | 117 Ellenfield Street | 7/19/2016 | No | NAP | 7/15/2016 | NAP | NAP | No | |||||||||||
5.08 | Property | 240 Chapman Street | 7/19/2016 | No | NAP | 7/15/2016 | NAP | NAP | No | |||||||||||
5.09 | Property | 45 Baker Street | 7/18/2016 | No | NAP | 7/15/2016 | NAP | NAP | No | |||||||||||
5.10 | Property | 63 Baker Street | 7/19/2016 | No | NAP | 7/15/2016 | NAP | NAP | No | |||||||||||
5.11 | Property | 78 Baker Street | 7/15/2016 | No | NAP | 7/15/2016 | NAP | NAP | No | |||||||||||
5.12 | Property | 75 Baker Street | 7/18/2016 | No | NAP | 7/15/2016 | NAP | NAP | No | |||||||||||
6 | Loan | 22, 23, 24, 25 | CCRE | CCRE, SG, Bank of America, N.A. and Barclays Bank PLC | Potomac Mills | 61,763 | 1/31/2019 | 9/16/2016 | No | NAP | 9/16/2016 | NAP | NAP | No | 0 | 0 | 0 | 0 | 0 | 0 |
7 | Loan | 26, 27, 28, 29, 30, 31, 32, 33 | CCRE | CCRE | Hill7 Office | 1,218 | 9/30/2022 | 10/11/2016 | No | NAP | 9/29/2016 | 9/29/2016 | 9% | No | 602,000 | 75,250 | 0 | 0 | 0 | 0 |
8 | Loan | 34, 35, 36, 37 | Barclays Bank PLC | Barclays Bank PLC | Quantum Park | 8/18/2016 | No | NAP | 10/3/2016 | NAP | NAP | No | 0 | 191,400 | 25,086 | 0 | 0 | 11,786 | ||
9 | Loan | 38, 39, 40, 41 | CGMRC | CGMRC | College Boulevard Portfolio | No | 1,202,460 | 200,410 | 48,550 | 9,710 | 0 | 15,798 | ||||||||
9.01 | Property | 7101 College Boulevard | 12,924 | 7/31/2017 | 7/8/2016 | No | NAP | 7/8/2016 | NAP | NAP | No | |||||||||
9.02 | Property | Commerce Plaza I | 15,780 | 10/31/2019 | 7/8/2016 | No | NAP | 7/8/2016 | NAP | NAP | No | |||||||||
9.03 | Property | Commerce Plaza II | 9,397 | 5/31/2018 | 7/8/2016 | No | NAP | 7/8/2016 | NAP | NAP | No | |||||||||
9.04 | Property | Financial Plaza III | 6,293 | 1/31/2019 | 7/8/2016 | No | NAP | 7/8/2016 | NAP | NAP | No | |||||||||
9.05 | Property | Financial Plaza II | 6,714 | 4/30/2019 | 7/8/2016 | No | NAP | 7/8/2016 | NAP | NAP | No | |||||||||
10 | Loan | 42, 43, 44, 45 | CGMRC, RMF | CGMRC, RMF | Marriott Hilton Head Resort & Spa | 9/13/2016 | No | NAP | 9/13/2016 | NAP | NAP | No | 1,037,750 | 98,833 | 203,170 | 32,249 | 0 | 138,910 | ||
11 | Loan | CGMRC | CGMRC | Lightstone Hotel Portfolio | No | 0 | 33,044 | 0 | 0 | 0 | 38,392 | |||||||||
11.01 | Property | Home2 Suites Seattle Airport | 5/31/2016 | Yes | 7/28/2016 | 5/31/2016 | 5/25/2016 | 10% | No | |||||||||||
11.02 | Property | Home2 Suites Salt Lake City/South Jordan | 5/27/2016 | No | NAP | 5/31/2016 | 5/25/2016 | 8% | No | |||||||||||
12 | Loan | 46, 47, 48 | CCRE | CCRE | Mills Fleet Farm | No | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
12.01 | Property | Mills Fleet Farm - Fargo, ND | 5/25/2016 | No | NAP | 5/25/2016 | NAP | NAP | No | |||||||||||
12.02 | Property | Mills Fleet Farm - Green Bay (East), WI | 5/26/2016 | No | NAP | 5/25/2016 | NAP | NAP | No | |||||||||||
12.03 | Property | Mills Fleet Farm - Mankato, MN | 6/14/2016 | No | NAP | 5/25/2016 | NAP | NAP | No | |||||||||||
12.04 | Property | Mills Fleet Farm - Hudson, WI | 5/25/2016 | No | NAP | 5/25/2016 | NAP | NAP | No | |||||||||||
12.05 | Property | Mills Fleet Farm - Marshfield, WI | 5/25/2016 | No | NAP | 5/25/2016 | NAP | NAP | No | |||||||||||
13 | Loan | 49, 50 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio I | No | 76,404 | 25,468 | 0 | 0 | 0 | 33,646 | ||||||||
13.01 | Property | Hyatt House Charlotte | 8/15/2016 | No | NAP | 8/15/2016 | NAP | NAP | No | |||||||||||
13.02 | Property | Hampton Inn Muskegon | 8/15/2016 | No | NAP | 8/12/2016 | NAP | NAP | No | |||||||||||
13.03 | Property | Fairfield Inn & Suites Norton Shores | 8/15/2016 | No | NAP | 8/15/2016 | NAP | NAP | No | |||||||||||
14 | Loan | 51, 52 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio II | No | 18,491 | 18,491 | 0 | 0 | 0 | 21,275 | ||||||||
14.01 | Property | Residence Inn Boise | 9/14/2016 | No | NAP | 8/15/2016 | NAP | NAP | No | |||||||||||
14.02 | Property | Residence Inn Spokane | 9/14/2016 | No | NAP | 8/15/2016 | NAP | NAP | No | |||||||||||
15 | Loan | Barclays Bank PLC | Barclays Bank PLC | Las Palmas I, II, III | 5/17/2016 | No | NAP | 5/23/2016 | 5/17/2016 | 8% | No | 63,194 | 12,639 | 0 | 0 | 0 | 4,417 | |||
16 | Loan | 53, 54 | CGMRC | CGMRC | Broward County Office Portfolio | No | 33,891 | 33,891 | 0 | 0 | 0 | 0 | ||||||||
16.01 | Property | Bank of America Center | 3,045 | 1/31/2019 | 8/25/2016 | No | NAP | 8/21/2016 | NAP | NAP | No | |||||||||
16.02 | Property | Park Central Building 1 | 6,802 | 6/30/2020 | 8/25/2016 | No | NAP | 8/21/2016 | NAP | NAP | No | |||||||||
16.03 | Property | Regions Bank Building | 2,070 | 12/31/2020 | 8/24/2016 | No | NAP | 8/23/2016 | NAP | NAP | No | |||||||||
17 | Loan | Barclays Bank PLC | Barclays Bank PLC | North Pointe - Riverside | 5/23/2016 | Yes | 9/30/2016 | 5/23/2016 | 5/23/2016 | 5% | No | 20,025 | 4,005 | 0 | 0 | 0 | 2,917 | |||
18 | Loan | 55, 56 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio III | No | 84,542 | 15,984 | 0 | 0 | 0 | 17,593 | ||||||||
18.01 | Property | Fairfield Inn & Suites Lexington | 8/16/2016 | No | NAP | 8/15/2016 | NAP | NAP | No | |||||||||||
18.02 | Property | Fairfield Inn & Suites Dayton | 8/15/2016 | No | NAP | 8/15/2016 | NAP | NAP | No | |||||||||||
18.03 | Property | Fairfield Inn & Suites Ashland | 8/16/2016 | No | NAP | 8/15/2016 | NAP | NAP | No | |||||||||||
19 | Loan | CCRE | CCRE | Southland Office Center | 3,838 | 2/28/2020 | 6/28/2016 | No | NAP | 6/27/2016 | 6/28/2016 | 19% | Yes | 145,333 | 18,167 | 40,050 | 4,450 | 0 | 2,213 | |
20 | Loan | 57, 58 | RMF | RMF | The Bristol Hotel | 8/15/2016 | No | NAP | 8/15/2016 | 8/16/2016 | 13% | No | 64,492 | 12,284 | 0 | 0 | 3,080,000 | 0 | ||
21 | Loan | 59 | RMF | RMF | 444 Connecticut Avenue | 8/26/2016 | No | NAP | 9/1/2016 | NAP | NAP | No | 50,465 | 12,015 | 0 | 0 | 0 | 1,014 | ||
22 | Loan | CGMRC | CGMRC | Mariposa Plaza | 8/24/2016 | No | NAP | 8/17/2016 | NAP | NAP | No | 163,446 | 13,621 | 14,971 | 4,990 | 90,000 | 474 | |||
23 | Loan | 60 | CGMRC | CGMRC | Hampton Inn & Suites Tempe ASU Area | 8/19/2016 | No | NAP | 8/19/2016 | NAP | NAP | No | 22,656 | 11,328 | 26,378 | 2,398 | 0 | 12,646 | ||
24 | Loan | 61 | RMF | RMF | Staybridge Suites - Merrillville | 7/26/2016 | No | NAP | 7/27/2016 | NAP | NAP | No | 0 | 10,995 | 5,140 | 2,448 | 0 | 8,513 | ||
25 | Loan | 62 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Torrance, CA | 9/7/2016 | No | NAP | 9/7/2016 | 9/9/2016 | 15% | No | 39,612 | 6,602 | 0 | 0 | 0 | 1,588 | ||
26 | Loan | 63, 64 | CGMRC | CGMRC | Homewood Suites Overland Park | 8/1/2016 | No | NAP | 7/29/2016 | NAP | NAP | No | 81,128 | 13,521 | 9,213 | 921 | 0 | 11,076 | ||
27 | Loan | 65 | Barclays Bank PLC | Barclays Bank PLC | Hammer Lane Self Storage | 9/15/2016 | No | NAP | 9/15/2016 | 9/15/2016 | 11% | No | 0 | 7,239 | 0 | 866 | 0 | 1,320 | ||
28 | Loan | 66, 67 | CCRE | CCRE | Marriott Saddle Brook | 9/14/2015 | No | NAP | 9/14/2015 | NAP | NAP | No | 122,000 | 61,000 | 34,156 | 7,177 | 0 | 47,779 | ||
29 | Loan | CGMRC | CGMRC | Brookdale Shopping Center | 7,485 | 8/31/2017 | 8/23/2016 | Yes | 7/11/2016 | 9/14/2016 | NAP | NAP | No | 51,274 | 10,255 | 5,645 | 706 | 125,000 | 0 | |
30 | Loan | RMF | RMF | Parkview Apartments | 7/25/2016 | No | NAP | 7/25/2016 | NAP | NAP | No | 95,280 | 9,074 | 77,849 | 6,740 | 200,000 | 4,167 | |||
31 | Loan | 68 | CGMRC | CGMRC | NC Self Storage | 8/27/2016 | No | NAP | 8/19/2016 | NAP | NAP | No | 5,500 | 1,833 | 4,005 | 1,335 | 0 | 1,554 | ||
32 | Loan | 69 | RMF | RMF | Town House Apartments - Memphis | 8/25/2016 | No | NAP | 8/31/2016 | 8/25/2016 | 14% | No | 51,193 | 12,189 | 48,098 | 4,164 | 461,975 | 10,479 | ||
33 | Loan | RMF | RMF | Preston Racquet Club Condominiums | 7/21/2016 | No | NAP | 7/21/2016 | NAP | NAP | No | 149,488 | 15,819 | 51,116 | 4,868 | 250,000 | 2,333 |
A-15 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Fifth Largest Tenant Sq Ft | Fifth Largest Tenant Lease Expiration (6) | Environmental Phase I Report Date | Environmental Phase II Y/N | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Earthquake Insurance Required Y/N | Upfront RE Tax Reserve ($) | Ongoing RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Ongoing Insurance Reserve ($) | Upfront Replacement Reserve ($) | Ongoing Replacement Reserve ($) |
34 | Loan | Barclays Bank PLC | Barclays Bank PLC | Landerhaven Office Park | 4,235 | 6/30/2017 | 9/22/2016 | No | NAP | 9/21/2016 | NAP | NAP | No | 44,849 | 8,970 | 0 | 0 | 0 | 1,246 | |
35 | Loan | 70 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Pomona, CA | 9/7/2016 | No | NAP | 9/7/2016 | 9/9/2016 | 12% | No | 11,831 | 5,916 | 0 | 0 | 0 | 807 | ||
36 | Loan | 71 | CGMRC | CGMRC | Rite Aid - ACV Portfolio #1 | No | 0 | 0 | 2,130 | 304 | 0 | 280 | ||||||||
36.01 | Property | 7700 Shepherdsville Road - Louisville, KY | 8/29/2016 | No | NAP | 8/24/2016 | NAP | NAP | No | |||||||||||
36.02 | Property | 7500 Terry Road - Louisville, KY | 8/29/2016 | No | NAP | 8/24/2016 | NAP | NAP | No | |||||||||||
37 | Loan | 72 | CGMRC | CGMRC | Regis Houze Apartments | 8/26/2016 | No | NAP | 8/25/2016 | NAP | NAP | No | 52,937 | 4,812 | 21,525 | 1,794 | 0 | 1,529 | ||
38 | Loan | CCRE | CCRE | Oakdale Shopping Center | 3,600 | 8/31/2019 | 6/30/2016 | No | NAP | 6/30/2016 | 6/30/2016 | 12% | No | 25,333 | 3,167 | 20,122 | 1,829 | 118,067 | 2,448 | |
39 | Loan | 73 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Rosemead, CA | 9/7/2016 | No | NAP | 9/7/2016 | 9/9/2016 | 17% | No | 33,433 | 5,572 | 0 | 0 | 0 | 421 | ||
40 | Loan | 74 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Diamond Bar, CA | 9/7/2016 | No | NAP | 9/7/2016 | 9/9/2016 | 16% | No | 27,586 | 5,517 | 0 | 0 | 0 | 546 | ||
41 | Loan | Barclays Bank PLC | Barclays Bank PLC | Congress Pointe Shopping Center | 2,350 | 12/31/2017 | 7/27/2016 | No | NAP | 7/26/2016 | NAP | NAP | No | 81,815 | 6,818 | 3,603 | 3,603 | 0 | 454 | |
42 | Loan | 75 | CCRE | CCRE | Grand Avenue Business Plaza | 6/3/2016 | No | NAP | 6/2/2016 | 6/2/2016 | 7% | No | 11,000 | 1,833 | 3,366 | 1,142 | 0 | 186 | ||
43 | Loan | 76, 77 | CCRE | CCRE | Fresenius Birmingham | 8/5/2016 | No | NAP | 8/5/2016 | NAP | NAP | No | 0 | 0 | 404 | 202 | 8,222 | 0 | ||
44 | Loan | CCRE | CCRE | Overland Corporate B Building | 8/1/2016 | No | NAP | 8/1/2016 | 8/1/2016 | 13% | No | 12,000 | 1,500 | 189 | 189 | 0 | 122 |
A-16 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Ongoing TI/LC Reserve ($) | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Ongoing Debt Service Reserve ($) | Upfront Deferred Maintenance Reserve ($) | Ongoing Deferred Maintenance Reserve ($) | Upfront Environmental Reserve ($) | Ongoing Environmental Reserve ($) | Upfront Other Reserve ($) | Ongoing Other Reserve ($) |
1 | Loan | 8, 9 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A. | Briarwood Mall | 130,205 | 0 | 0 | 2,496,933 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
2 | Loan | 10 | RMF | RMF | The Townhouse Apartments - Stamford | 0 | 0 | 0 | 0 | 0 | 0 | 257,425 | 0 | 95,000 | 0 | 59,934 | 0 |
3 | Loan | 11, 12, 13, 14 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A., Wells Fargo Bank, National Association | 101 Hudson Street | 0 | 0 | 0 | 0 | 0 | 0 | 104,000 | 0 | 0 | 0 | 19,049,837 | 0 |
4 | Loan | 15, 16 | CGMRC | CGMRC, LCF | 80 Park Plaza | 1,000,000 | 1,500,000 | 0 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1,422,745 | 0 |
5 | Loan | 17, 18, 19, 20, 21 | CGMRC | CGMRC | Belvoir Portfolio | 0 | 1,500,000 | 28,935 | 0 | 0 | 0 | 6,900 | 0 | 0 | 0 | 0 | 0 |
5.01 | Property | 225 Chapman Street | |||||||||||||||
5.02 | Property | 245 Chapman Street | |||||||||||||||
5.03 | Property | 717 Allens Avenue | |||||||||||||||
5.04 | Property | 1 Virginia Avenue | |||||||||||||||
5.05 | Property | 765 Allens Avenue | |||||||||||||||
5.06 | Property | 17 Virginia Avenue | |||||||||||||||
5.07 | Property | 117 Ellenfield Street | |||||||||||||||
5.08 | Property | 240 Chapman Street | |||||||||||||||
5.09 | Property | 45 Baker Street | |||||||||||||||
5.10 | Property | 63 Baker Street | |||||||||||||||
5.11 | Property | 78 Baker Street | |||||||||||||||
5.12 | Property | 75 Baker Street | |||||||||||||||
6 | Loan | 22, 23, 24, 25 | CCRE | CCRE, SG, Bank of America, N.A. and Barclays Bank PLC | Potomac Mills | 645,000 | 0 | 0 | 2,580,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
7 | Loan | 26, 27, 28, 29, 30, 31, 32, 33 | CCRE | CCRE | Hill7 Office | 85,704 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
8 | Loan | 34, 35, 36, 37 | Barclays Bank PLC | Barclays Bank PLC | Quantum Park | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 439,668 |
9 | Loan | 38, 39, 40, 41 | CGMRC | CGMRC | College Boulevard Portfolio | 0 | 1,500,000 | 80,048 | 2,000,000 | 0 | 0 | 214,216 | 0 | 0 | 0 | 1,107,731 | 0 |
9.01 | Property | 7101 College Boulevard | |||||||||||||||
9.02 | Property | Commerce Plaza I | |||||||||||||||
9.03 | Property | Commerce Plaza II | |||||||||||||||
9.04 | Property | Financial Plaza III | |||||||||||||||
9.05 | Property | Financial Plaza II | |||||||||||||||
10 | Loan | 42, 43, 44, 45 | CGMRC, RMF | CGMRC, RMF | Marriott Hilton Head Resort & Spa | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,630,000 | 0 |
11 | Loan | CGMRC | CGMRC | Lightstone Hotel Portfolio | 0 | 0 | 0 | 0 | 0 | 0 | 194,553 | 0 | 0 | 0 | 383,676 | 0 | |
11.01 | Property | Home2 Suites Seattle Airport | |||||||||||||||
11.02 | Property | Home2 Suites Salt Lake City/South Jordan | |||||||||||||||
12 | Loan | 46, 47, 48 | CCRE | CCRE | Mills Fleet Farm | 779,526 | 0 | 0 | 2,598,420 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
12.01 | Property | Mills Fleet Farm - Fargo, ND | |||||||||||||||
12.02 | Property | Mills Fleet Farm - Green Bay (East), WI | |||||||||||||||
12.03 | Property | Mills Fleet Farm - Mankato, MN | |||||||||||||||
12.04 | Property | Mills Fleet Farm - Hudson, WI | |||||||||||||||
12.05 | Property | Mills Fleet Farm - Marshfield, WI | |||||||||||||||
13 | Loan | 49, 50 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio I | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500,000 | 0 |
13.01 | Property | Hyatt House Charlotte | |||||||||||||||
13.02 | Property | Hampton Inn Muskegon | |||||||||||||||
13.03 | Property | Fairfield Inn & Suites Norton Shores | |||||||||||||||
14 | Loan | 51, 52 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio II | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
14.01 | Property | Residence Inn Boise | |||||||||||||||
14.02 | Property | Residence Inn Spokane | |||||||||||||||
15 | Loan | Barclays Bank PLC | Barclays Bank PLC | Las Palmas I, II, III | 0 | 0 | 0 | 0 | 0 | 0 | 123,888 | 0 | 0 | 0 | 0 | 0 | |
16 | Loan | 53, 54 | CGMRC | CGMRC | Broward County Office Portfolio | 0 | 25,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
16.01 | Property | Bank of America Center | |||||||||||||||
16.02 | Property | Park Central Building 1 | |||||||||||||||
16.03 | Property | Regions Bank Building | |||||||||||||||
17 | Loan | Barclays Bank PLC | Barclays Bank PLC | North Pointe - Riverside | 0 | 0 | 0 | 0 | 0 | 0 | 150,429 | 0 | 0 | 0 | 0 | 0 | |
18 | Loan | 55, 56 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio III | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
18.01 | Property | Fairfield Inn & Suites Lexington | |||||||||||||||
18.02 | Property | Fairfield Inn & Suites Dayton | |||||||||||||||
18.03 | Property | Fairfield Inn & Suites Ashland | |||||||||||||||
19 | Loan | CCRE | CCRE | Southland Office Center | 0 | 100,000 | 8,298 | 0 | 0 | 0 | 112,500 | 0 | 0 | 0 | 600,000 | 0 | |
20 | Loan | 57, 58 | RMF | RMF | The Bristol Hotel | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
21 | Loan | 59 | RMF | RMF | 444 Connecticut Avenue | 0 | 0 | 2,675 | 0 | 0 | 0 | 13,718 | 0 | 0 | 0 | 0 | 0 |
22 | Loan | CGMRC | CGMRC | Mariposa Plaza | 0 | 0 | 1,827 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
23 | Loan | 60 | CGMRC | CGMRC | Hampton Inn & Suites Tempe ASU Area | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
24 | Loan | 61 | RMF | RMF | Staybridge Suites - Merrillville | 0 | 0 | 0 | 0 | 0 | 0 | 750 | 0 | 0 | 0 | 0 | 0 |
25 | Loan | 62 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Torrance, CA | 0 | 0 | 0 | 0 | 0 | 0 | 7,719 | 0 | 0 | 0 | 45,000 | 0 |
26 | Loan | 63, 64 | CGMRC | CGMRC | Homewood Suites Overland Park | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,493,532 | 0 |
27 | Loan | 65 | Barclays Bank PLC | Barclays Bank PLC | Hammer Lane Self Storage | 0 | 0 | 0 | 0 | 0 | 0 | 79,131 | 0 | 0 | 0 | 0 | 0 |
28 | Loan | 66, 67 | CCRE | CCRE | Marriott Saddle Brook | 0 | 0 | 0 | 0 | 0 | 0 | 52,095 | 0 | 0 | 0 | 1,000,000 | 0 |
29 | Loan | CGMRC | CGMRC | Brookdale Shopping Center | 118,300 | 50,000 | 7,887 | 473,190 | 0 | 0 | 0 | 0 | 0 | 0 | 3,940 | 0 | |
30 | Loan | RMF | RMF | Parkview Apartments | 0 | 0 | 0 | 0 | 0 | 0 | 33,063 | 0 | 0 | 0 | 0 | 0 | |
31 | Loan | 68 | CGMRC | CGMRC | NC Self Storage | 74,572 | 0 | 0 | 0 | 0 | 0 | 995,770 | 0 | 0 | 0 | 0 | 0 |
32 | Loan | 69 | RMF | RMF | Town House Apartments - Memphis | 0 | 0 | 0 | 0 | 0 | 0 | 197,900 | 0 | 0 | 0 | 0 | 0 |
33 | Loan | RMF | RMF | Preston Racquet Club Condominiums | 0 | 0 | 0 | 0 | 0 | 0 | 6,763 | 0 | 0 | 0 | 0 | 0 |
A-17 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Ongoing TI/LC Reserve ($) | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Ongoing Debt Service Reserve ($) | Upfront Deferred Maintenance Reserve ($) | Ongoing Deferred Maintenance Reserve ($) | Upfront Environmental Reserve ($) | Ongoing Environmental Reserve ($) | Upfront Other Reserve ($) | Ongoing Other Reserve ($) |
34 | Loan | Barclays Bank PLC | Barclays Bank PLC | Landerhaven Office Park | 0 | 100,000 | 6,231 | 0 | 0 | 0 | 27,863 | 0 | 0 | 0 | 124,113 | 0 | |
35 | Loan | 70 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Pomona, CA | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
36 | Loan | 71 | CGMRC | CGMRC | Rite Aid - ACV Portfolio #1 | 10,071 | 0 | 933 | 55,960 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
36.01 | Property | 7700 Shepherdsville Road - Louisville, KY | |||||||||||||||
36.02 | Property | 7500 Terry Road - Louisville, KY | |||||||||||||||
37 | Loan | 72 | CGMRC | CGMRC | Regis Houze Apartments | 91,750 | 0 | 400 | 23,975 | 0 | 0 | 0 | 0 | 0 | 0 | 90,856 | 0 |
38 | Loan | CCRE | CCRE | Oakdale Shopping Center | 0 | 0 | 0 | 0 | 0 | 0 | 62,460 | 0 | 0 | 0 | 0 | 0 | |
39 | Loan | 73 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Rosemead, CA | 0 | 0 | 0 | 0 | 0 | 0 | 9,875 | 0 | 0 | 0 | 0 | 0 |
40 | Loan | 74 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Diamond Bar, CA | 0 | 0 | 0 | 0 | 0 | 0 | 8,750 | 0 | 0 | 0 | 0 | 0 |
41 | Loan | Barclays Bank PLC | Barclays Bank PLC | Congress Pointe Shopping Center | 0 | 100,000 | 1,363 | 180,000 | 0 | 0 | 91,000 | 0 | 0 | 0 | 0 | 0 | |
42 | Loan | 75 | CCRE | CCRE | Grand Avenue Business Plaza | 0 | 50,000 | 580 | 75,000 | 0 | 0 | 1,250 | 0 | 0 | 0 | 0 | 0 |
43 | Loan | 76, 77 | CCRE | CCRE | Fresenius Birmingham | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
44 | Loan | CCRE | CCRE | Overland Corporate B Building | 0 | 0 | 610 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
A-18 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Other Reserve Description | Borrower Name |
1 | Loan | 8, 9 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A. | Briarwood Mall | Mall at Briarwood, LLC | |
2 | Loan | 10 | RMF | RMF | The Townhouse Apartments - Stamford | Environmental Insurance Funds | CSC-65 Prospect, LLC |
3 | Loan | 11, 12, 13, 14 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A., Wells Fargo Bank, National Association | 101 Hudson Street | Existing TI/LC Obligations Reserve ($16,270,684), Rent Concession Reserve ($2,779,153) | 101 Hudson Realty L.L.C. |
4 | Loan | 15, 16 | CGMRC | CGMRC, LCF | 80 Park Plaza | Unfunded Obligations Reserve | 80 Park Plaza SPE LLC, Quentin 80 Park Plaza LLC and Jo-Ash 80 Park Plaza LLC |
5 | Loan | 17, 18, 19, 20, 21 | CGMRC | CGMRC | Belvoir Portfolio | BRG Providence 1 LLC, BRGQ Providence 1 LLC, KRR Providence 1 LLC, BRG Providence 2 LLC, BRGQ Providence 2 LLC, KRR Providence 2 LLC, BRG Providence 3 LLC, BRGQ Providence 3 LLC and KRR Providence 3 LLC | |
5.01 | Property | 225 Chapman Street | |||||
5.02 | Property | 245 Chapman Street | |||||
5.03 | Property | 717 Allens Avenue | |||||
5.04 | Property | 1 Virginia Avenue | |||||
5.05 | Property | 765 Allens Avenue | |||||
5.06 | Property | 17 Virginia Avenue | |||||
5.07 | Property | 117 Ellenfield Street | |||||
5.08 | Property | 240 Chapman Street | |||||
5.09 | Property | 45 Baker Street | |||||
5.10 | Property | 63 Baker Street | |||||
5.11 | Property | 78 Baker Street | |||||
5.12 | Property | 75 Baker Street | |||||
6 | Loan | 22, 23, 24, 25 | CCRE | CCRE, SG, Bank of America, N.A. and Barclays Bank PLC | Potomac Mills | Mall at Potomac Mills, LLC | |
7 | Loan | 26, 27, 28, 29, 30, 31, 32, 33 | CCRE | CCRE | Hill7 Office | Hudson 1099 Stewart Street, LLC | |
8 | Loan | 34, 35, 36, 37 | Barclays Bank PLC | Barclays Bank PLC | Quantum Park | Condominium Common Charges Reserve | Solace Ashburn DFG LLC |
9 | Loan | 38, 39, 40, 41 | CGMRC | CGMRC | College Boulevard Portfolio | Upfront Unfunded Tenant Obligations Reserve ($979,673); Upfront Free Rent Reserve ($128,058.16) | CBPK5 LP |
9.01 | Property | 7101 College Boulevard | |||||
9.02 | Property | Commerce Plaza I | |||||
9.03 | Property | Commerce Plaza II | |||||
9.04 | Property | Financial Plaza III | |||||
9.05 | Property | Financial Plaza II | |||||
10 | Loan | 42, 43, 44, 45 | CGMRC, RMF | CGMRC, RMF | Marriott Hilton Head Resort & Spa | Seasonality Reserve | Columbia Properties Hilton Head, LLC |
11 | Loan | CGMRC | CGMRC | Lightstone Hotel Portfolio | PIP Reserve | LVP H2S Seattle LLC, LVP H2S Seattle Holding Corp., LVP H2S Salt Lake City LLC and LVP H2S Salt Lake City Holding Corp. | |
11.01 | Property | Home2 Suites Seattle Airport | |||||
11.02 | Property | Home2 Suites Salt Lake City/South Jordan | |||||
12 | Loan | 46, 47, 48 | CCRE | CCRE | Mills Fleet Farm | STORE SPE Mills Fleet 2016-1, LLC | |
12.01 | Property | Mills Fleet Farm - Fargo, ND | |||||
12.02 | Property | Mills Fleet Farm - Green Bay (East), WI | |||||
12.03 | Property | Mills Fleet Farm - Mankato, MN | |||||
12.04 | Property | Mills Fleet Farm - Hudson, WI | |||||
12.05 | Property | Mills Fleet Farm - Marshfield, WI | |||||
13 | Loan | 49, 50 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio I | PIP Reserve (Hyatt House Charlotte) | HSS Norton Shores Hotel, L.L.C., HSS Muskegon Hotel, L.L.C. and VIII-HII-South Tryon Street, L.L.C. |
13.01 | Property | Hyatt House Charlotte | |||||
13.02 | Property | Hampton Inn Muskegon | |||||
13.03 | Property | Fairfield Inn & Suites Norton Shores | |||||
14 | Loan | 51, 52 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio II | IM Spokane, L.P. and IM Boise 2, L.P. | |
14.01 | Property | Residence Inn Boise | |||||
14.02 | Property | Residence Inn Spokane | |||||
15 | Loan | Barclays Bank PLC | Barclays Bank PLC | Las Palmas I, II, III | Las Palmas Investments, Inc. | ||
16 | Loan | 53, 54 | CGMRC | CGMRC | Broward County Office Portfolio | Israel Family Park Central One LLC, Israel Family 1401 University LLC and MCCS 450 N. Park, LLC | |
16.01 | Property | Bank of America Center | |||||
16.02 | Property | Park Central Building 1 | |||||
16.03 | Property | Regions Bank Building | |||||
17 | Loan | Barclays Bank PLC | Barclays Bank PLC | North Pointe - Riverside | North Pointe Apts., Inc. | ||
18 | Loan | 55, 56 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio III | Midwest Heritage Inn of Ashland, L.P., Midwest Heritage Inn of Dayton, L.P. and Westside Midwest Heritage Inn of Lexington, L.P. | |
18.01 | Property | Fairfield Inn & Suites Lexington | |||||
18.02 | Property | Fairfield Inn & Suites Dayton | |||||
18.03 | Property | Fairfield Inn & Suites Ashland | |||||
19 | Loan | CCRE | CCRE | Southland Office Center | GSA Rollover Reserve | Southland Office Investors, LLC | |
20 | Loan | 57, 58 | RMF | RMF | The Bristol Hotel | International Hotel Associates No. 5 LLC | |
21 | Loan | 59 | RMF | RMF | 444 Connecticut Avenue | 444 Connecticut Avenue LLC | |
22 | Loan | CGMRC | CGMRC | Mariposa Plaza | Mariposa Plaza, LLC | ||
23 | Loan | 60 | CGMRC | CGMRC | Hampton Inn & Suites Tempe ASU Area | Tempe Hotel Properties, LLC | |
24 | Loan | 61 | RMF | RMF | Staybridge Suites - Merrillville | SB Merrillville Hospitality LLC | |
25 | Loan | 62 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Torrance, CA | Space Lease Reserve | Ramp Up, LLC |
26 | Loan | 63, 64 | CGMRC | CGMRC | Homewood Suites Overland Park | PIP Reserve | OP Hotel Associates, LLC |
27 | Loan | 65 | Barclays Bank PLC | Barclays Bank PLC | Hammer Lane Self Storage | HL Hammer Lane Storage, LLC | |
28 | Loan | 66, 67 | CCRE | CCRE | Marriott Saddle Brook | PIP Reserve | CP Saddle Brook, LLC |
29 | Loan | CGMRC | CGMRC | Brookdale Shopping Center | Vapor Testing Reserve | Brookdale Shopping Center L.L.C. | |
30 | Loan | RMF | RMF | Parkview Apartments | F.L. Arrow Wood Apartments, Ltd. | ||
31 | Loan | 68 | CGMRC | CGMRC | NC Self Storage | N.C. Self Storage, LLC and JBO Holdings, LLC | |
32 | Loan | 69 | RMF | RMF | Town House Apartments - Memphis | 1437 Central Holding, LLC | |
33 | Loan | RMF | RMF | Preston Racquet Club Condominiums | FLW Preston, Ltd. |
A-19 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Other Reserve Description | Borrower Name |
34 | Loan | Barclays Bank PLC | Barclays Bank PLC | Landerhaven Office Park | Rent Reserve ($116,000); Free Rent Reserve - Lander Workspace ($8,112.50) | Landerhaven Office Plaza, LLC | |
35 | Loan | 70 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Pomona, CA | SE Pomona LLC | |
36 | Loan | 71 | CGMRC | CGMRC | Rite Aid - ACV Portfolio #1 | ACV RAD06 One, LLC | |
36.01 | Property | 7700 Shepherdsville Road - Louisville, KY | |||||
36.02 | Property | 7500 Terry Road - Louisville, KY | |||||
37 | Loan | 72 | CGMRC | CGMRC | Regis Houze Apartments | Unfunded Obligations Reserve ($50,000); Yono Tax Lien Reserve ($25,669); Gap Rent Reserve ($15,187) | Live @ St. Regis, LLC |
38 | Loan | CCRE | CCRE | Oakdale Shopping Center | Oakdale Shopping Center L.L.C. | ||
39 | Loan | 73 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Rosemead, CA | SE Rosemead LLC | |
40 | Loan | 74 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Diamond Bar, CA | SE Diamond Bar LLC | |
41 | Loan | Barclays Bank PLC | Barclays Bank PLC | Congress Pointe Shopping Center | Congress Pointe Inc. | ||
42 | Loan | 75 | CCRE | CCRE | Grand Avenue Business Plaza | GAP Retail, LLC | |
43 | Loan | 76, 77 | CCRE | CCRE | Fresenius Birmingham | CS1031 Birmingham MOB, DST | |
44 | Loan | CCRE | CCRE | Overland Corporate B Building | Overland Building B, LLC |
A-20 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Delaware Statutory Trust? Y/N | Carve-out Guarantor | Loan Purpose |
1 | Loan | 8, 9 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A. | Briarwood Mall | No | Simon Property Group, L.P. | Refinance |
2 | Loan | 10 | RMF | RMF | The Townhouse Apartments - Stamford | No | Robert Schlesinger | Refinance |
3 | Loan | 11, 12, 13, 14 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A., Wells Fargo Bank, National Association | 101 Hudson Street | No | Mack-Cali Realty, L.P. | Recapitalization |
4 | Loan | 15, 16 | CGMRC | CGMRC, LCF | 80 Park Plaza | No | Elchonon Schwartz and Simon Glick | Acquisition |
5 | Loan | 17, 18, 19, 20, 21 | CGMRC | CGMRC | Belvoir Portfolio | No | Daniel Benedict and Richard A. Merhige | Acquisition |
5.01 | Property | 225 Chapman Street | ||||||
5.02 | Property | 245 Chapman Street | ||||||
5.03 | Property | 717 Allens Avenue | ||||||
5.04 | Property | 1 Virginia Avenue | ||||||
5.05 | Property | 765 Allens Avenue | ||||||
5.06 | Property | 17 Virginia Avenue | ||||||
5.07 | Property | 117 Ellenfield Street | ||||||
5.08 | Property | 240 Chapman Street | ||||||
5.09 | Property | 45 Baker Street | ||||||
5.10 | Property | 63 Baker Street | ||||||
5.11 | Property | 78 Baker Street | ||||||
5.12 | Property | 75 Baker Street | ||||||
6 | Loan | 22, 23, 24, 25 | CCRE | CCRE, SG, Bank of America, N.A. and Barclays Bank PLC | Potomac Mills | No | Simon Property Group, L.P. | Refinance |
7 | Loan | 26, 27, 28, 29, 30, 31, 32, 33 | CCRE | CCRE | Hill7 Office | No | Hudson Pacific Properties, L.P. | Acquisition |
8 | Loan | 34, 35, 36, 37 | Barclays Bank PLC | Barclays Bank PLC | Quantum Park | No | Solace Ashburn Investments LLC | Acquisition |
9 | Loan | 38, 39, 40, 41 | CGMRC | CGMRC | College Boulevard Portfolio | No | Raymond Massa | Acquisition |
9.01 | Property | 7101 College Boulevard | ||||||
9.02 | Property | Commerce Plaza I | ||||||
9.03 | Property | Commerce Plaza II | ||||||
9.04 | Property | Financial Plaza III | ||||||
9.05 | Property | Financial Plaza II | ||||||
10 | Loan | 42, 43, 44, 45 | CGMRC, RMF | CGMRC, RMF | Marriott Hilton Head Resort & Spa | No | Columbia Sussex Corporation and CSC Holdings, LLC | Refinance |
11 | Loan | CGMRC | CGMRC | Lightstone Hotel Portfolio | No | Lightstone Value Plus REIT III LP | Recapitalization | |
11.01 | Property | Home2 Suites Seattle Airport | ||||||
11.02 | Property | Home2 Suites Salt Lake City/South Jordan | ||||||
12 | Loan | 46, 47, 48 | CCRE | CCRE | Mills Fleet Farm | No | STORE Capital Corporation | Recapitalization/Acquisition |
12.01 | Property | Mills Fleet Farm - Fargo, ND | ||||||
12.02 | Property | Mills Fleet Farm - Green Bay (East), WI | ||||||
12.03 | Property | Mills Fleet Farm - Mankato, MN | ||||||
12.04 | Property | Mills Fleet Farm - Hudson, WI | ||||||
12.05 | Property | Mills Fleet Farm - Marshfield, WI | ||||||
13 | Loan | 49, 50 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio I | No | SCG Hotel Investors Holdings, L.P. | Recapitalization |
13.01 | Property | Hyatt House Charlotte | ||||||
13.02 | Property | Hampton Inn Muskegon | ||||||
13.03 | Property | Fairfield Inn & Suites Norton Shores | ||||||
14 | Loan | 51, 52 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio II | No | SCG Hotel Investors Holdings, L.P. | Recapitalization |
14.01 | Property | Residence Inn Boise | ||||||
14.02 | Property | Residence Inn Spokane | ||||||
15 | Loan | Barclays Bank PLC | Barclays Bank PLC | Las Palmas I, II, III | No | H.K. Realty, Inc. | Refinance | |
16 | Loan | 53, 54 | CGMRC | CGMRC | Broward County Office Portfolio | No | Kenneth Israel | Recapitalization |
16.01 | Property | Bank of America Center | ||||||
16.02 | Property | Park Central Building 1 | ||||||
16.03 | Property | Regions Bank Building | ||||||
17 | Loan | Barclays Bank PLC | Barclays Bank PLC | North Pointe - Riverside | No | J.K. Properties, Inc. | Refinance | |
18 | Loan | 55, 56 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio III | No | SCG Hotel Investors Holdings, L.P. | Recapitalization |
18.01 | Property | Fairfield Inn & Suites Lexington | ||||||
18.02 | Property | Fairfield Inn & Suites Dayton | ||||||
18.03 | Property | Fairfield Inn & Suites Ashland | ||||||
19 | Loan | CCRE | CCRE | Southland Office Center | No | Kevin P. Kaseff and Derek Graham | Refinance | |
20 | Loan | 57, 58 | RMF | RMF | The Bristol Hotel | No | Eric D. Horodas and Peter G. Trethewey | Refinance |
21 | Loan | 59 | RMF | RMF | 444 Connecticut Avenue | No | Stanley M. Seligson, Robert Epstein and the Stanley M. Seligson Trust, as amended and restated September 28, 2015 | Refinance |
22 | Loan | CGMRC | CGMRC | Mariposa Plaza | No | Manuel Torres Soucy and Valor Real Corporation | Recapitalization | |
23 | Loan | 60 | CGMRC | CGMRC | Hampton Inn & Suites Tempe ASU Area | No | Virtual Realty Enterprises, L.L.C. | Refinance |
24 | Loan | 61 | RMF | RMF | Staybridge Suites - Merrillville | No | Amit Shah, Chinu Shah and Dutt Patel | Refinance |
25 | Loan | 62 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Torrance, CA | No | Gregory S. Houge, Bruce H. Rothman and Laurent A. Opman | Refinance |
26 | Loan | 63, 64 | CGMRC | CGMRC | Homewood Suites Overland Park | No | Daniel J. Vosotas | Refinance |
27 | Loan | 65 | Barclays Bank PLC | Barclays Bank PLC | Hammer Lane Self Storage | No | Jeffrey S. Leon as individual and as trustee of The Leon Living Trust, Dated 10/2/13 and R. Michael House as individual and as trustee of The House Living Trust Dated August 30, 2016 | Refinance |
28 | Loan | 66, 67 | CCRE | CCRE | Marriott Saddle Brook | No | Sussex Holdings, LLC and Columbia Sussex Corporation | Refinance |
29 | Loan | CGMRC | CGMRC | Brookdale Shopping Center | No | Norman Beznos and Amended and Restated Revocable Trust of Norman Beznos U/T/A Dated November 28, 2001, As Amended | Refinance | |
30 | Loan | RMF | RMF | Parkview Apartments | No | Bruce P. Woodward, James Alexander McCabe and Steven Dietrich | Refinance | |
31 | Loan | 68 | CGMRC | CGMRC | NC Self Storage | No | James B. O’Malley | Refinance |
32 | Loan | 69 | RMF | RMF | Town House Apartments - Memphis | No | Eric Clauson | Refinance |
33 | Loan | RMF | RMF | Preston Racquet Club Condominiums | No | Bruce P. Woodward, James Alexander McCabe and Steven Dietrich | Refinance |
A-21 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Delaware Statutory Trust? Y/N | Carve-out Guarantor | Loan Purpose |
34 | Loan | Barclays Bank PLC | Barclays Bank PLC | Landerhaven Office Park | No | Bradley T. Kowit, Gregg Levy and Steve S. Passov | Refinance | |
35 | Loan | 70 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Pomona, CA | No | Gregory S. Houge, Bruce H. Rothman, Laurent A. Opman and Serge Azria | Refinance |
36 | Loan | 71 | CGMRC | CGMRC | Rite Aid - ACV Portfolio #1 | No | David R. Grieve | Refinance |
36.01 | Property | 7700 Shepherdsville Road - Louisville, KY | ||||||
36.02 | Property | 7500 Terry Road - Louisville, KY | ||||||
37 | Loan | 72 | CGMRC | CGMRC | Regis Houze Apartments | No | Joe Barbat, David D. Ebner and Salman. D Yono | Refinance |
38 | Loan | CCRE | CCRE | Oakdale Shopping Center | No | Peter Dwares | Refinance | |
39 | Loan | 73 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Rosemead, CA | No | Gregory S. Houge, Bruce H. Rothman, Laurent A. Opman and Serge Azria | Refinance |
40 | Loan | 74 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Diamond Bar, CA | No | Gregory S. Houge, Bruce H. Rothman, Laurent A. Opman and Serge Azria | Refinance |
41 | Loan | Barclays Bank PLC | Barclays Bank PLC | Congress Pointe Shopping Center | No | Nelson Tiburcio and Xenia Noriega | Refinance | |
42 | Loan | 75 | CCRE | CCRE | Grand Avenue Business Plaza | No | Mark P. Esbensen and Philip G. Esbensen | Refinance |
43 | Loan | 76, 77 | CCRE | CCRE | Fresenius Birmingham | Yes | Louis J. Rogers | Acquisition |
44 | Loan | CCRE | CCRE | Overland Corporate B Building | No | Fred D. Grimes, Mark P. Esbensen and William Wen-Wai Lo | Refinance |
A-22 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Loan Amount (sources) ($) | Principal’s New Cash Contribution (7) ($) | Subordinate Debt ($) | Other Sources ($) | Total Sources ($) | Loan Payoff ($) | Purchase Price ($) | Closing Costs ($) | Reserves ($) | Principal Equity Distribution ($) | Other Uses ($) | Total Uses ($) | Lockbox | Cash Management |
1 | Loan | 8, 9 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A. | Briarwood Mall | 165,000,000 | 0 | 0 | 2,475,000 | 167,475,000 | 106,336,479 | 0 | 901,916 | 0 | 60,236,605 | 0 | 167,475,000 | Hard | Springing |
2 | Loan | 10 | RMF | RMF | The Townhouse Apartments - Stamford | 58,000,000 | 0 | 0 | 75,000 | 58,075,000 | 49,261,287 | 0 | 809,012 | 647,294 | 7,357,407 | 0 | 58,075,000 | Springing | Springing |
3 | Loan | 11, 12, 13, 14 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A., Wells Fargo Bank, National Association | 101 Hudson Street | 250,000,000 | 0 | 0 | 250,000 | 250,250,000 | 0 | 0 | 1,971,333 | 19,153,837 | 229,124,830 | 0 | 250,250,000 | Hard | Springing |
4 | Loan | 15, 16 | CGMRC | CGMRC, LCF | 80 Park Plaza | 133,000,000 | 50,500,000 | 0 | 2,355,765 | 185,855,765 | 0 | 174,500,000 | 2,991,588 | 8,364,176 | 0 | 0 | 185,855,765 | Hard | In Place |
5 | Loan | 17, 18, 19, 20, 21 | CGMRC | CGMRC | Belvoir Portfolio | 42,000,000 | 20,565,753 | 0 | 1,359,048 | 63,924,801 | 0 | 60,000,000 | 2,312,732 | 1,612,069 | 0 | 0 | 63,924,801 | Hard | Springing |
5.01 | Property | 225 Chapman Street | |||||||||||||||||
5.02 | Property | 245 Chapman Street | |||||||||||||||||
5.03 | Property | 717 Allens Avenue | |||||||||||||||||
5.04 | Property | 1 Virginia Avenue | |||||||||||||||||
5.05 | Property | 765 Allens Avenue | |||||||||||||||||
5.06 | Property | 17 Virginia Avenue | |||||||||||||||||
5.07 | Property | 117 Ellenfield Street | |||||||||||||||||
5.08 | Property | 240 Chapman Street | |||||||||||||||||
5.09 | Property | 45 Baker Street | |||||||||||||||||
5.10 | Property | 63 Baker Street | |||||||||||||||||
5.11 | Property | 78 Baker Street | |||||||||||||||||
5.12 | Property | 75 Baker Street | |||||||||||||||||
6 | Loan | 22, 23, 24, 25 | CCRE | CCRE, SG, Bank of America, N.A. and Barclays Bank PLC | Potomac Mills | 291,000,000 | 0 | 125,000,000 | 0 | 416,000,000 | 411,992,396 | 0 | 2,011,635 | 0 | 1,995,969 | 0 | 416,000,000 | Hard | Springing |
7 | Loan | 26, 27, 28, 29, 30, 31, 32, 33 | CCRE | CCRE | Hill7 Office | 101,000,000 | 103,751,165 | 0 | 0 | 204,751,165 | 0 | 200,000,000 | 1,149,165 | 602,000 | 0 | 3,000,000 | 204,751,165 | Hard | Springing |
8 | Loan | 34, 35, 36, 37 | Barclays Bank PLC | Barclays Bank PLC | Quantum Park | 132,000,000 | 61,070,342 | 0 | 3,675,273 | 196,745,614 | 0 | 193,000,000 | 3,720,528 | 25,086 | 0 | 0 | 196,745,614 | Hard | In Place |
9 | Loan | 38, 39, 40, 41 | CGMRC | CGMRC | College Boulevard Portfolio | 70,500,000 | 25,801,624 | 0 | 150,000 | 96,451,624 | 0 | 91,000,000 | 1,378,668 | 4,072,957 | 0 | 0 | 96,451,624 | Hard | Springing |
9.01 | Property | 7101 College Boulevard | |||||||||||||||||
9.02 | Property | Commerce Plaza I | |||||||||||||||||
9.03 | Property | Commerce Plaza II | |||||||||||||||||
9.04 | Property | Financial Plaza III | |||||||||||||||||
9.05 | Property | Financial Plaza II | |||||||||||||||||
10 | Loan | 42, 43, 44, 45 | CGMRC, RMF | CGMRC, RMF | Marriott Hilton Head Resort & Spa | 98,000,000 | 13,577,003 | 0 | 250,000 | 111,827,003 | 106,553,280 | 0 | 402,803 | 4,870,920 | 0 | 0 | 111,827,003 | Hard | Springing |
11 | Loan | CGMRC | CGMRC | Lightstone Hotel Portfolio | 28,400,000 | 0 | 0 | 80,000 | 28,480,000 | 0 | 0 | 542,853 | 578,229 | 27,358,919 | 0 | 28,480,000 | Hard | Springing | |
11.01 | Property | Home2 Suites Seattle Airport | |||||||||||||||||
11.02 | Property | Home2 Suites Salt Lake City/South Jordan | |||||||||||||||||
12 | Loan | 46, 47, 48 | CCRE | CCRE | Mills Fleet Farm | 65,000,000 | 0 | 0 | 0 | 65,000,000 | 0 | 40,000,000 | 933,238 | 0 | 24,066,762 | 0 | 65,000,000 | Springing | Springing |
12.01 | Property | Mills Fleet Farm - Fargo, ND | |||||||||||||||||
12.02 | Property | Mills Fleet Farm - Green Bay (East), WI | |||||||||||||||||
12.03 | Property | Mills Fleet Farm - Mankato, MN | |||||||||||||||||
12.04 | Property | Mills Fleet Farm - Hudson, WI | |||||||||||||||||
12.05 | Property | Mills Fleet Farm - Marshfield, WI | |||||||||||||||||
13 | Loan | 49, 50 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio I | 22,715,000 | 0 | 0 | 80,000 | 22,795,000 | 7,650,967 | 0 | 594,775 | 576,404 | 13,972,855 | 0 | 22,795,000 | Soft Springing | Springing |
13.01 | Property | Hyatt House Charlotte | |||||||||||||||||
13.02 | Property | Hampton Inn Muskegon | |||||||||||||||||
13.03 | Property | Fairfield Inn & Suites Norton Shores | |||||||||||||||||
14 | Loan | 51, 52 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio II | 18,960,000 | 0 | 0 | 80,000 | 19,040,000 | 0 | 0 | 446,020 | 18,491 | 18,575,489 | 0 | 19,040,000 | Soft Springing | Springing |
14.01 | Property | Residence Inn Boise | |||||||||||||||||
14.02 | Property | Residence Inn Spokane | |||||||||||||||||
15 | Loan | Barclays Bank PLC | Barclays Bank PLC | Las Palmas I, II, III | 16,750,000 | 0 | 0 | 309,791 | 17,059,791 | 13,119,171 | 0 | 163,151 | 187,081 | 3,590,388 | 0 | 17,059,791 | Springing | Springing | |
16 | Loan | 53, 54 | CGMRC | CGMRC | Broward County Office Portfolio | 14,500,000 | 0 | 0 | 60,000 | 14,560,000 | 0 | 0 | 581,828 | 58,891 | 13,919,282 | 0 | 14,560,000 | Springing | Springing |
16.01 | Property | Bank of America Center | |||||||||||||||||
16.02 | Property | Park Central Building 1 | |||||||||||||||||
16.03 | Property | Regions Bank Building | |||||||||||||||||
17 | Loan | Barclays Bank PLC | Barclays Bank PLC | North Pointe - Riverside | 13,500,000 | 0 | 0 | 250,575 | 13,750,575 | 10,427,481 | 0 | 96,585 | 170,454 | 3,056,054 | 0 | 13,750,575 | Springing | Springing | |
18 | Loan | 55, 56 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio III | 12,150,000 | 0 | 0 | 80,000 | 12,230,000 | 0 | 0 | 384,319 | 84,542 | 11,761,138 | 0 | 12,230,000 | Soft Springing | Springing |
18.01 | Property | Fairfield Inn & Suites Lexington | |||||||||||||||||
18.02 | Property | Fairfield Inn & Suites Dayton | |||||||||||||||||
18.03 | Property | Fairfield Inn & Suites Ashland | |||||||||||||||||
19 | Loan | CCRE | CCRE | Southland Office Center | 12,100,000 | 555,320 | 0 | 0 | 12,655,320 | 11,529,952 | 0 | 127,485 | 997,883 | 0 | 0 | 12,655,320 | Springing | Springing | |
20 | Loan | 57, 58 | RMF | RMF | The Bristol Hotel | 12,000,000 | 0 | 0 | 75,000 | 12,075,000 | 6,194,350 | 0 | 154,839 | 3,144,492 | 2,581,320 | 0 | 12,075,000 | Springing | Springing |
21 | Loan | 59 | RMF | RMF | 444 Connecticut Avenue | 11,400,000 | 0 | 0 | 35,000 | 11,435,000 | 8,681,950 | 0 | 197,942 | 64,182 | 2,490,926 | 0 | 11,435,000 | Hard | Springing |
22 | Loan | CGMRC | CGMRC | Mariposa Plaza | 10,500,000 | 0 | 0 | 50,000 | 10,550,000 | 0 | 0 | 308,379 | 268,417 | 9,973,205 | 0 | 10,550,000 | Hard | Springing | |
23 | Loan | 60 | CGMRC | CGMRC | Hampton Inn & Suites Tempe ASU Area | 9,900,000 | 0 | 0 | 40,000 | 9,940,000 | 8,175,999 | 0 | 262,254 | 49,034 | 1,452,713 | 0 | 9,940,000 | Springing | Springing |
24 | Loan | 61 | RMF | RMF | Staybridge Suites - Merrillville | 9,500,000 | 0 | 0 | 50,000 | 9,550,000 | 6,660,957 | 0 | 769,989 | 5,890 | 2,113,164 | 0 | 9,550,000 | Springing | Springing |
25 | Loan | 62 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Torrance, CA | 9,112,500 | 0 | 0 | 30,000 | 9,142,500 | 8,617,660 | 0 | 324,139 | 92,331 | 108,371 | 0 | 9,142,500 | Springing | Springing |
26 | Loan | 63, 64 | CGMRC | CGMRC | Homewood Suites Overland Park | 7,500,000 | 72,018 | 0 | 50,000 | 7,622,018 | 4,894,273 | 0 | 143,872 | 2,583,873 | 0 | 0 | 7,622,018 | Soft Springing | Springing |
27 | Loan | 65 | Barclays Bank PLC | Barclays Bank PLC | Hammer Lane Self Storage | 7,350,000 | 0 | 0 | 50,000 | 7,400,000 | 4,262,839 | 0 | 224,815 | 79,131 | 2,833,215 | 0 | 7,400,000 | Springing | Springing |
28 | Loan | 66, 67 | CCRE | CCRE | Marriott Saddle Brook | 30,000,000 | 0 | 0 | 0 | 30,000,000 | 28,435,550 | 0 | 336,156 | 1,208,251 | 20,043 | 0 | 30,000,000 | Hard | Springing |
29 | Loan | CGMRC | CGMRC | Brookdale Shopping Center | 6,900,000 | 0 | 0 | 40,000 | 6,940,000 | 5,703,016 | 0 | 191,887 | 235,860 | 809,238 | 0 | 6,940,000 | Soft Springing | Springing | |
30 | Loan | RMF | RMF | Parkview Apartments | 6,650,000 | 0 | 0 | 50,000 | 6,700,000 | 2,825,722 | 0 | 240,637 | 406,192 | 3,227,449 | 0 | 6,700,000 | Springing | Springing | |
31 | Loan | 68 | CGMRC | CGMRC | NC Self Storage | 6,500,000 | 0 | 0 | 36,000 | 6,536,000 | 3,416,704 | 0 | 551,433 | 1,005,275 | 1,562,588 | 0 | 6,536,000 | Springing | Springing |
32 | Loan | 69 | RMF | RMF | Town House Apartments - Memphis | 6,200,000 | 0 | 0 | 40,000 | 6,240,000 | 5,296,463 | 0 | 178,056 | 759,166 | 6,314 | 0 | 6,240,000 | Springing | Springing |
33 | Loan | RMF | RMF | Preston Racquet Club Condominiums | 6,000,000 | 0 | 0 | 50,000 | 6,050,000 | 5,133,090 | 0 | 260,888 | 457,366 | 198,656 | 0 | 6,050,000 | Springing | Springing |
A-23 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Loan Amount (sources) ($) | Principal’s New Cash Contribution (7) ($) | Subordinate Debt ($) | Other Sources ($) | Total Sources ($) | Loan Payoff ($) | Purchase Price ($) | Closing Costs ($) | Reserves ($) | Principal Equity Distribution ($) | Other Uses ($) | Total Uses ($) | Lockbox | Cash Management |
34 | Loan | Barclays Bank PLC | Barclays Bank PLC | Landerhaven Office Park | 5,450,000 | 0 | 0 | 50,000 | 5,500,000 | 4,330,204 | 0 | 216,986 | 296,824 | 655,986 | 0 | 5,500,000 | Springing | Springing | |
35 | Loan | 70 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Pomona, CA | 5,425,000 | 0 | 0 | 0 | 5,425,000 | 4,468,988 | 0 | 113,375 | 11,831 | 830,806 | 0 | 5,425,000 | Springing | Springing |
36 | Loan | 71 | CGMRC | CGMRC | Rite Aid - ACV Portfolio #1 | 5,300,000 | 0 | 0 | 25,000 | 5,325,000 | 3,759,372 | 0 | 232,913 | 2,130 | 1,330,586 | 0 | 5,325,000 | Hard | Springing |
36.01 | Property | 7700 Shepherdsville Road - Louisville, KY | |||||||||||||||||
36.02 | Property | 7500 Terry Road - Louisville, KY | |||||||||||||||||
37 | Loan | 72 | CGMRC | CGMRC | Regis Houze Apartments | 5,225,000 | 0 | 0 | 50,000 | 5,275,000 | 3,792,037 | 0 | 180,798 | 165,318 | 1,136,848 | 0 | 5,275,000 | Springing | Springing |
38 | Loan | CCRE | CCRE | Oakdale Shopping Center | 4,900,000 | 0 | 0 | 0 | 4,900,000 | 3,336,324 | 0 | 90,505 | 225,982 | 1,247,189 | 0 | 4,900,000 | Springing | Springing | |
39 | Loan | 73 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Rosemead, CA | 4,755,000 | 0 | 0 | 0 | 4,755,000 | 3,916,388 | 0 | 110,785 | 43,308 | 684,519 | 0 | 4,755,000 | Springing | Springing |
40 | Loan | 74 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Diamond Bar, CA | 4,690,000 | 0 | 0 | 0 | 4,690,000 | 3,863,377 | 0 | 135,701 | 36,336 | 654,586 | 0 | 4,690,000 | Springing | Springing |
41 | Loan | Barclays Bank PLC | Barclays Bank PLC | Congress Pointe Shopping Center | 4,000,000 | 126,896 | 0 | 40,000 | 4,166,896 | 3,480,030 | 0 | 410,448 | 276,418 | 0 | 0 | 4,166,896 | Springing | Springing | |
42 | Loan | 75 | CCRE | CCRE | Grand Avenue Business Plaza | 2,850,000 | 1,096,995 | 0 | 0 | 3,946,995 | 3,813,165 | 0 | 68,214 | 65,616 | 0 | 0 | 3,946,995 | Hard | Springing |
43 | Loan | 76, 77 | CCRE | CCRE | Fresenius Birmingham | 2,800,000 | 1,496,218 | 400,000 | 0 | 4,696,218 | 0 | 4,310,000 | 377,592 | 8,626 | 0 | 0 | 4,696,218 | Hard | Springing |
44 | Loan | CCRE | CCRE | Overland Corporate B Building | 1,800,000 | 99,565 | 0 | 0 | 1,899,565 | 1,832,446 | 0 | 54,929 | 12,189 | 0 | 0 | 1,899,565 | Hard | Springing |
A-24 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Cash Management Triggers |
1 | Loan | 8, 9 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A. | Briarwood Mall | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Manager or Guarantor, (iii) DSCR is less than 1.45x |
2 | Loan | 10 | RMF | RMF | The Townhouse Apartments - Stamford | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Guarantor or Manager, (iii) DSCR is less than 1.10x |
3 | Loan | 11, 12, 13, 14 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A., Wells Fargo Bank, National Association | 101 Hudson Street | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x |
4 | Loan | 15, 16 | CGMRC | CGMRC, LCF | 80 Park Plaza | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) the occurrence of a Specified Tenant Trigger Period |
5 | Loan | 17, 18, 19, 20, 21 | CGMRC | CGMRC | Belvoir Portfolio | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) the occurrence of a Specified Tenant Trigger Period |
5.01 | Property | 225 Chapman Street | ||||
5.02 | Property | 245 Chapman Street | ||||
5.03 | Property | 717 Allens Avenue | ||||
5.04 | Property | 1 Virginia Avenue | ||||
5.05 | Property | 765 Allens Avenue | ||||
5.06 | Property | 17 Virginia Avenue | ||||
5.07 | Property | 117 Ellenfield Street | ||||
5.08 | Property | 240 Chapman Street | ||||
5.09 | Property | 45 Baker Street | ||||
5.10 | Property | 63 Baker Street | ||||
5.11 | Property | 78 Baker Street | ||||
5.12 | Property | 75 Baker Street | ||||
6 | Loan | 22, 23, 24, 25 | CCRE | CCRE, SG, Bank of America, N.A. and Barclays Bank PLC | Potomac Mills | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Manager if Manager is an Affiliate of Borrower and provided Manager is not replaced within sixty (60) days with a Qualified Manager, (iii) DSCR is less than 1.35x. |
7 | Loan | 26, 27, 28, 29, 30, 31, 32, 33 | CCRE | CCRE | Hill7 Office | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Guarantor, Manager Affiliated with Borrower or any Sponsor Control Party, (iii) Debt Yield is less than 6.75% (iv) the occurrence of the Anticipated Repayment Date |
8 | Loan | 34, 35, 36, 37 | Barclays Bank PLC | Barclays Bank PLC | Quantum Park | (i) the occurrence of an Event of Default, (ii) the occurrence of a Specified Tenant Trigger Period, (iii) the occurrence of the Anticipated Repayment Date |
9 | Loan | 38, 39, 40, 41 | CGMRC | CGMRC | College Boulevard Portfolio | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x |
9.01 | Property | 7101 College Boulevard | ||||
9.02 | Property | Commerce Plaza I | ||||
9.03 | Property | Commerce Plaza II | ||||
9.04 | Property | Financial Plaza III | ||||
9.05 | Property | Financial Plaza II | ||||
10 | Loan | 42, 43, 44, 45 | CGMRC, RMF | CGMRC, RMF | Marriott Hilton Head Resort & Spa | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Guarantor or Manager, (iii) DSCR is less than 1.20x, (iv) the occurrence of a PIP Reserve Cash Management Trigger Event Date |
11 | Loan | CGMRC | CGMRC | Lightstone Hotel Portfolio | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) the occurrence of a Franchise Agreement Trigger Period, (iv) the occurrence of a Franchise Renewal Trigger Event, (v) any bankruptcy or similar insolvency of any Manager | |
11.01 | Property | Home2 Suites Seattle Airport | ||||
11.02 | Property | Home2 Suites Salt Lake City/South Jordan | ||||
12 | Loan | 46, 47, 48 | CCRE | CCRE | Mills Fleet Farm | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Guarantor or Manager, (iii) DSCR is less than 1.35x, (iv) the occurrence of a Primary Tenant Cash Management Period |
12.01 | Property | Mills Fleet Farm - Fargo, ND | ||||
12.02 | Property | Mills Fleet Farm - Green Bay (East), WI | ||||
12.03 | Property | Mills Fleet Farm - Mankato, MN | ||||
12.04 | Property | Mills Fleet Farm - Hudson, WI | ||||
12.05 | Property | Mills Fleet Farm - Marshfield, WI | ||||
13 | Loan | 49, 50 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio I | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.50x, (iii) the occurrence of any default, termination or cancellation of any Franchise Agreement, (iv) the occurrence of a Franchise Renewal Cash Sweep Period |
13.01 | Property | Hyatt House Charlotte | ||||
13.02 | Property | Hampton Inn Muskegon | ||||
13.03 | Property | Fairfield Inn & Suites Norton Shores | ||||
14 | Loan | 51, 52 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio II | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.50x, (iii) the occurrence of any default, termination or cancellation of any Franchise Agreement, (iv) the occurrence of a Franchise Renewal Cash Sweep Period |
14.01 | Property | Residence Inn Boise | ||||
14.02 | Property | Residence Inn Spokane | ||||
15 | Loan | Barclays Bank PLC | Barclays Bank PLC | Las Palmas I, II, III | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x | |
16 | Loan | 53, 54 | CGMRC | CGMRC | Broward County Office Portfolio | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.35x, (iii) the occurrence of a Specified Tenant Trigger Period |
16.01 | Property | Bank of America Center | ||||
16.02 | Property | Park Central Building 1 | ||||
16.03 | Property | Regions Bank Building | ||||
17 | Loan | Barclays Bank PLC | Barclays Bank PLC | North Pointe - Riverside | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x | |
18 | Loan | 55, 56 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio III | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.35x, (iii) the occurrence of any default, termination or cancellation of any Franchise Agreement, (iv) the occurrence of a Franchise Renewal Cash Sweep Period |
18.01 | Property | Fairfield Inn & Suites Lexington | ||||
18.02 | Property | Fairfield Inn & Suites Dayton | ||||
18.03 | Property | Fairfield Inn & Suites Ashland | ||||
19 | Loan | CCRE | CCRE | Southland Office Center | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Principal, Guarantor or Manager, (iii) DSCR is less than 1.15x, (iv) the occurrence of a Major Lease Sweep Period | |
20 | Loan | 57, 58 | RMF | RMF | The Bristol Hotel | (i) the occurrence of an Event of Default, (ii) Borrower’s second failure in any consecutive (12) month period to pay a Monthly Debt Service Payment Amount on a payment Date, (iii) Bankruptcy action of Borrower, Guarantor or Manager, (iv) DSCR is less than 1.15x |
21 | Loan | 59 | RMF | RMF | 444 Connecticut Avenue | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Guarantor or Manager, (iii) DSCR is less than 1.10x, (iv) the occurrence of a Critical Tenant Trigger Event |
22 | Loan | CGMRC | CGMRC | Mariposa Plaza | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) the occurrence of a Specified Tenant Trigger Period | |
23 | Loan | 60 | CGMRC | CGMRC | Hampton Inn & Suites Tempe ASU Area | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) the occurrence of a Franchise Agreement Trigger Period, (iv)the occurrence of any Affiliated Manager taking any Material Action with respect to Borrower |
24 | Loan | 61 | RMF | RMF | Staybridge Suites - Merrillville | (i) the occurrence of an Event of Default, (ii) Borrower’s second failure in any consecutive (12) month period to pay a Monthly Debt Service Payment Amount on a payment Date, (iii) Bankruptcy action of Borrower, Guarantor or Manager, (iv) DSCR is less than 1.20x, (v) the occurrence of a Franchise Trigger Event |
25 | Loan | 62 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Torrance, CA | (i) the occurrence of an Event of Default, (ii) the occurrence of an Event of Default under the Management Agreement, (iii) DSCR is less than 1.15x, (iv) the occurrence of a default by Borrower, as lessee, under the Space Lease |
26 | Loan | 63, 64 | CGMRC | CGMRC | Homewood Suites Overland Park | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Franchise Agreement Trigger Period, (iv) the occurrence of a Franchise Renewal Trigger Event |
27 | Loan | 65 | Barclays Bank PLC | Barclays Bank PLC | Hammer Lane Self Storage | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x |
28 | Loan | 66, 67 | CCRE | CCRE | Marriott Saddle Brook | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Guarantor or Manager, (iii) DSCR is less than 1.20x, (iv) 12 months prior to the expiration of the Franchise Agreement |
29 | Loan | CGMRC | CGMRC | Brookdale Shopping Center | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x | |
30 | Loan | RMF | RMF | Parkview Apartments | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Guarantor or Manager, (iii) DSCR is less than 1.15x | |
31 | Loan | 68 | CGMRC | CGMRC | NC Self Storage | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x |
32 | Loan | 69 | RMF | RMF | Town House Apartments - Memphis | (i) the occurrence of an Event of Default, (ii) Borrower’s second failure in any consecutive (12) month period to pay a Monthly Debt Service Payment Amount on a payment Date, (iii) Bankruptcy action of Borrower, Guarantor, Ground Lessor or Manager, (iv) DSCR is less than 1.20x |
33 | Loan | RMF | RMF | Preston Racquet Club Condominiums | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Guarantor or Manager, (iii) DSCR is less than 1.15x |
A-25 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Cash Management Triggers |
34 | Loan | Barclays Bank PLC | Barclays Bank PLC | Landerhaven Office Park | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x | |
35 | Loan | 70 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Pomona, CA | (i) the occurrence of an Event of Default, (ii) the occurrence of an Event of Default under the Management Agreement, (iii) DSCR is less than 1.15x |
36 | Loan | 71 | CGMRC | CGMRC | Rite Aid - ACV Portfolio #1 | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of Specified Tenant Trigger Period |
36.01 | Property | 7700 Shepherdsville Road - Louisville, KY | ||||
36.02 | Property | 7500 Terry Road - Louisville, KY | ||||
37 | Loan | 72 | CGMRC | CGMRC | Regis Houze Apartments | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) Debt Yield is less than 10.0% as of 11/6/2023 |
38 | Loan | CCRE | CCRE | Oakdale Shopping Center | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Principal, Guarantor or Manager, (iii) DSCR is less than 1.15x, (iv) the occurrence of a Major Lease Related Sweep Period | |
39 | Loan | 73 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Rosemead, CA | (i) the occurrence of an Event of Default, (ii) the occurrence of an Event of Default under the Management Agreement, (iii) DSCR is less than 1.15x |
40 | Loan | 74 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Diamond Bar, CA | (i) the occurrence of an Event of Default, (ii) the occurrence of an Event of Default under the Management Agreement, (iii) DSCR is less than 1.15x |
41 | Loan | Barclays Bank PLC | Barclays Bank PLC | Congress Pointe Shopping Center | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x | |
42 | Loan | 75 | CCRE | CCRE | Grand Avenue Business Plaza | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Principal, Guarantor or Manager, (iii) DSCR is less than 1.20x, (iv) the occurrence of a Lease Trigger Event |
43 | Loan | 76, 77 | CCRE | CCRE | Fresenius Birmingham | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Principal, Guarantor or Manager, (iii) DSCR is less than 1.20x, (iv) the occurrence of a Primary Tenant Cash Trap Period |
44 | Loan | CCRE | CCRE | Overland Corporate B Building | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Principal, Guarantor or Manager, (iii) DSCR is less than 1.15x, (iv) the occurrence of a Lease Trigger Event |
A-26 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Ground Lease Y/N | Ground Lease Expiration Date | Annual Ground Lease Payment ($) | Cut-off Date Pari Passu Companion Loan Balance ($) | Cut-off Date Subordinate Companion Loan Balance ($) | Subordinate Companion Loan Interest Rate (%) | Cut-off Date Mezzanine Debt Balance ($) | Mezzanine Debt Interest Rate (%) | Terrorism Insurance Required Y/N | Control Number |
1 | Loan | 8, 9 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A. | Briarwood Mall | No | 100,000,000.00 | Yes | 1 | ||||||
2 | Loan | 10 | RMF | RMF | The Townhouse Apartments - Stamford | No | Yes | 2 | |||||||
3 | Loan | 11, 12, 13, 14 | Barclays Bank PLC | Barclays Bank PLC, Bank of America, N.A., Wells Fargo Bank, National Association | 101 Hudson Street | No | 193,750,000.00 | Yes | 3 | ||||||
4 | Loan | 15, 16 | CGMRC | CGMRC, LCF | 80 Park Plaza | No | 83,000,000.00 | Yes | 4 | ||||||
5 | Loan | 17, 18, 19, 20, 21 | CGMRC | CGMRC | Belvoir Portfolio | Yes | 5 | ||||||||
5.01 | Property | 225 Chapman Street | No | Yes | 5.01 | ||||||||||
5.02 | Property | 245 Chapman Street | No | Yes | 5.02 | ||||||||||
5.03 | Property | 717 Allens Avenue | No | Yes | 5.03 | ||||||||||
5.04 | Property | 1 Virginia Avenue | No | Yes | 5.04 | ||||||||||
5.05 | Property | 765 Allens Avenue | No | Yes | 5.05 | ||||||||||
5.06 | Property | 17 Virginia Avenue | No | Yes | 5.06 | ||||||||||
5.07 | Property | 117 Ellenfield Street | No | Yes | 5.07 | ||||||||||
5.08 | Property | 240 Chapman Street | No | Yes | 5.08 | ||||||||||
5.09 | Property | 45 Baker Street | No | Yes | 5.09 | ||||||||||
5.10 | Property | 63 Baker Street | No | Yes | 5.10 | ||||||||||
5.11 | Property | 78 Baker Street | No | Yes | 5.11 | ||||||||||
5.12 | Property | 75 Baker Street | No | Yes | 5.12 | ||||||||||
6 | Loan | 22, 23, 24, 25 | CCRE | CCRE, SG, Bank of America, N.A. and Barclays Bank PLC | Potomac Mills | No | 256,000,000.00 | 125,000,000 | 4.550000% | Yes | 6 | ||||
7 | Loan | 26, 27, 28, 29, 30, 31, 32, 33 | CCRE | CCRE | Hill7 Office | No | 71,000,000.00 | Yes | 7 | ||||||
8 | Loan | 34, 35, 36, 37 | Barclays Bank PLC | Barclays Bank PLC | Quantum Park | No | 102,000,000.00 | Yes | 8 | ||||||
9 | Loan | 38, 39, 40, 41 | CGMRC | CGMRC | College Boulevard Portfolio | 40,447,859.40 | Yes | 9 | |||||||
9.01 | Property | 7101 College Boulevard | No | Yes | 9.01 | ||||||||||
9.02 | Property | Commerce Plaza I | No | Yes | 9.02 | ||||||||||
9.03 | Property | Commerce Plaza II | No | Yes | 9.03 | ||||||||||
9.04 | Property | Financial Plaza III | No | Yes | 9.04 | ||||||||||
9.05 | Property | Financial Plaza II | No | Yes | 9.05 | ||||||||||
10 | Loan | 42, 43, 44, 45 | CGMRC, RMF | CGMRC, RMF | Marriott Hilton Head Resort & Spa | No | 67,893,735.14 | Yes | 10 | ||||||
11 | Loan | CGMRC | CGMRC | Lightstone Hotel Portfolio | Yes | 11 | |||||||||
11.01 | Property | Home2 Suites Seattle Airport | No | Yes | 11.01 | ||||||||||
11.02 | Property | Home2 Suites Salt Lake City/South Jordan | No | Yes | 11.02 | ||||||||||
12 | Loan | 46, 47, 48 | CCRE | CCRE | Mills Fleet Farm | 36,827,406.76 | Yes | 12 | |||||||
12.01 | Property | Mills Fleet Farm - Fargo, ND | No | Yes | 12.01 | ||||||||||
12.02 | Property | Mills Fleet Farm - Green Bay (East), WI | No | Yes | 12.02 | ||||||||||
12.03 | Property | Mills Fleet Farm - Mankato, MN | No | Yes | 12.03 | ||||||||||
12.04 | Property | Mills Fleet Farm - Hudson, WI | No | Yes | 12.04 | ||||||||||
12.05 | Property | Mills Fleet Farm - Marshfield, WI | No | Yes | 12.05 | ||||||||||
13 | Loan | 49, 50 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio I | Yes | 13 | ||||||||
13.01 | Property | Hyatt House Charlotte | No | Yes | 13.01 | ||||||||||
13.02 | Property | Hampton Inn Muskegon | No | Yes | 13.02 | ||||||||||
13.03 | Property | Fairfield Inn & Suites Norton Shores | No | Yes | 13.03 | ||||||||||
14 | Loan | 51, 52 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio II | Yes | 14 | ||||||||
14.01 | Property | Residence Inn Boise | No | Yes | 14.01 | ||||||||||
14.02 | Property | Residence Inn Spokane | No | Yes | 14.02 | ||||||||||
15 | Loan | Barclays Bank PLC | Barclays Bank PLC | Las Palmas I, II, III | No | Yes | 15 | ||||||||
16 | Loan | 53, 54 | CGMRC | CGMRC | Broward County Office Portfolio | Yes | 16 | ||||||||
16.01 | Property | Bank of America Center | No | Yes | 16.01 | ||||||||||
16.02 | Property | Park Central Building 1 | No | Yes | 16.02 | ||||||||||
16.03 | Property | Regions Bank Building | No | Yes | 16.03 | ||||||||||
17 | Loan | Barclays Bank PLC | Barclays Bank PLC | North Pointe - Riverside | No | Yes | 17 | ||||||||
18 | Loan | 55, 56 | CGMRC | CGMRC | Starwood Select Service Hotel Portfolio III | Yes | 18 | ||||||||
18.01 | Property | Fairfield Inn & Suites Lexington | No | Yes | 18.01 | ||||||||||
18.02 | Property | Fairfield Inn & Suites Dayton | No | Yes | 18.02 | ||||||||||
18.03 | Property | Fairfield Inn & Suites Ashland | No | Yes | 18.03 | ||||||||||
19 | Loan | CCRE | CCRE | Southland Office Center | No | Yes | 19 | ||||||||
20 | Loan | 57, 58 | RMF | RMF | The Bristol Hotel | No | Yes | 20 | |||||||
21 | Loan | 59 | RMF | RMF | 444 Connecticut Avenue | No | Yes | 21 | |||||||
22 | Loan | CGMRC | CGMRC | Mariposa Plaza | No | Yes | 22 | ||||||||
23 | Loan | 60 | CGMRC | CGMRC | Hampton Inn & Suites Tempe ASU Area | No | Yes | 23 | |||||||
24 | Loan | 61 | RMF | RMF | Staybridge Suites - Merrillville | No | Yes | 24 | |||||||
25 | Loan | 62 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Torrance, CA | Yes | 6/14/2044 | 120,600 | Yes | 25 | |||||
26 | Loan | 63, 64 | CGMRC | CGMRC | Homewood Suites Overland Park | No | Yes | 26 | |||||||
27 | Loan | 65 | Barclays Bank PLC | Barclays Bank PLC | Hammer Lane Self Storage | No | Yes | 27 | |||||||
28 | Loan | 66, 67 | CCRE | CCRE | Marriott Saddle Brook | No | 20,235,803.99 | Yes | 28 | ||||||
29 | Loan | CGMRC | CGMRC | Brookdale Shopping Center | No | Yes | 29 | ||||||||
30 | Loan | RMF | RMF | Parkview Apartments | No | Yes | 30 | ||||||||
31 | Loan | 68 | CGMRC | CGMRC | NC Self Storage | No | Yes | 31 | |||||||
32 | Loan | 69 | RMF | RMF | Town House Apartments - Memphis | Yes | 12/31/2060 | 24,000 in excess of the debt service and other amounts due | Yes | 32 | |||||
33 | Loan | RMF | RMF | Preston Racquet Club Condominiums | No | Yes | 33 |
A-27 |
CGCMT 2016-C3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Ground Lease Y/N | Ground Lease Expiration Date | Annual Ground Lease Payment ($) | Cut-off Date Pari Passu Companion Loan Balance ($) | Cut-off Date Subordinate Companion Loan Balance ($) | Subordinate Companion Loan Interest Rate (%) | Cut-off Date Mezzanine Debt Balance ($) | Mezzanine Debt Interest Rate (%) | Terrorism Insurance Required Y/N | Control Number |
34 | Loan | Barclays Bank PLC | Barclays Bank PLC | Landerhaven Office Park | No | Yes | 34 | ||||||||
35 | Loan | 70 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Pomona, CA | No | Yes | 35 | |||||||
36 | Loan | 71 | CGMRC | CGMRC | Rite Aid - ACV Portfolio #1 | Yes | 36 | ||||||||
36.01 | Property | 7700 Shepherdsville Road - Louisville, KY | Yes | 12/4/2026 | 84,000 | Yes | 36.01 | ||||||||
36.02 | Property | 7500 Terry Road - Louisville, KY | No | Yes | 36.02 | ||||||||||
37 | Loan | 72 | CGMRC | CGMRC | Regis Houze Apartments | No | Yes | 37 | |||||||
38 | Loan | CCRE | CCRE | Oakdale Shopping Center | No | Yes | 38 | ||||||||
39 | Loan | 73 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Rosemead, CA | No | Yes | 39 | |||||||
40 | Loan | 74 | Barclays Bank PLC | Barclays Bank PLC | Storage Etc. - Diamond Bar, CA | No | Yes | 40 | |||||||
41 | Loan | Barclays Bank PLC | Barclays Bank PLC | Congress Pointe Shopping Center | No | Yes | 41 | ||||||||
42 | Loan | 75 | CCRE | CCRE | Grand Avenue Business Plaza | No | Yes | 42 | |||||||
43 | Loan | 76, 77 | CCRE | CCRE | Fresenius Birmingham | No | 214,435 | 13.000000% | Yes | 43 | |||||
44 | Loan | CCRE | CCRE | Overland Corporate B Building | No | Yes | 44 |
A-28 |
Footnotes to Annex A | |
(1) | The Administrative Fee Rate includes the Servicing Fee Rate, the Operating Advisor Fee Rate, the Asset Representations Reviewer Fee Rate, the Trustee/Certificate Administrator Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate applicable to each Mortgage Loan. |
(2) | The monthly debt service shown for Mortgage Loans with a partial interest-only period reflects the amount payable after the expiration of the interest-only period. |
(3) | The open period is inclusive of the Maturity Date / ARD. |
(4) | Underwritten NCF DSCR is calculated based on amortizing debt service payments (except for interest-only loans). |
(5) | Occupancy reflects tenants that have signed leases, but are not yet in occupancy or may not be paying rent. |
(6) | The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the lease. |
(7) | If the purpose of the Mortgage Loan was to finance an acquisition of the Mortgaged Property, the field “Principal’s New Cash Contribution” reflects the cash investment by one or more of the equity owners in the borrower in connection with such acquisition. If the purpose of the Mortgage Loan was to refinance the Mortgaged Property, the field “Principal’s New Cash Contribution” reflects the cash contributed to the borrower by one or more of the equity owners at the time the Mortgage Loan was originated. |
(8) | The Cut-off Date Principal Balance of $65,000,000 represents the non-controlling note A-2 of a $165,000,000 loan combination evidenced by three pari passu notes. The controlling note A-1 has an outstanding principal balance as of the Cut-off Date of $70,000,000 and was contributed to the MSBAM 2016-C30 securitization transaction. The non-controlling note A-3 has an outstanding principal balance as of the Cut-off Date of $30,000,000 and is expected to be contributed to one or more future securitization transactions. Cut-off Date LTV Ratio, LTV Ratio at Maturity/ARD, Underwritten NCF DSCR, Debt Yield on Underwritten Net Operating Income, Debt Yield on Underwritten Net Cash Flow and Loan Per Unit calculations are based on the aggregate Cut-off Date Balance of $165,000,000. |
(9) | The lockout period will be at least 26 payment dates commencing with the first payment date in October 2016. For the purposes of this Preliminary Prospectus, the assumed lockout period of 26 payment dates is based on the expected CGCMT 2016-C3 securitization closing date in November 2016. The actual lockout period may be longer. |
(10) | At origination, the borrower funded an upfront Environmental Reserve of $95,000 and an upfront Environmental Insurance Funds Reserve of $59,934. The reserves were to be released if the borrower passed the tank tightness tests or if the tanks were removed. A positive tank tightness test was completed on October 7, 2016, and the reserves will be released to the borrower. |
(11) | The Cut-off Date Principal Balance of $56,250,000 represents the non-controlling note A-5 of a $250,000,000 loan combination evidenced by six pari passu notes. The controlling note A-1-1 and the non-controlling note A-1-2, which have outstanding principal balances as of the Cut-off Date of $53,500,000 and $16,500,000, respectively, are currently held by Wells Fargo Bank, National Association, and are expected to be contributed to one or more future securitization transactions. The non-controlling note A-2, which has an outstanding principal balance as of the Cut-off Date of $67,500,000, is currently held by Wells Fargo Bank, National Association, and is expected to be contributed to the WFCM 2016-C36 securitization transaction. The non-controlling notes A-3 and A-4, which have an outstanding principal balance as of the Cut-off Date of $37,250,000 and $19,000,000, respectively, are currently held by Bank of America, N.A., and are expected to be contributed to one or more future securitization transactions. Cut-off Date LTV Ratio, LTV Ratio at Maturity/ARD, Underwritten NCF DSCR, Debt Yield on Underwritten Net Operating Income, Debt Yield on Underwritten Net Cash Flow and Loan Per Unit calculations are based on the aggregate Cut-off Date Balance of $250,000,000. |
A-29 |
(12) | National Union Fire Insurance, the Second Largest Tenant at the Mortgaged Property, which leases 271,533 SF representing approximately 20.2% of net rentable SF at the Mortgaged Property, is not currently in occupancy of 139,536 SF of its space. |
(13) | Tullett Prebon Holdings Corp. the Third Largest Tenant at the Mortgaged Property, which leases 100,909 SF representing approximately 7.5% of net rentable SF at the Mortgaged Property, is not currently in occupancy of 37,387 SF of its space. |
(14) | The lockout period will be at least 25 payment dates commencing with the first payment date in November 2016. For the purposes of this Preliminary Prospectus, the assumed lockout period of 25 payment dates is based on the expected CGCMT 2016-C3 securitization closing date in November 2016. The actual lockout period may be longer. |
(15) | The 80 Park Plaza Loan represents the controlling note A-1 ($25,000,000) and controlling note A-2 ($25,000,000) of a $133,000,000 whole loan evidenced by five pari passu notes. The non-controlling note A-3, which is currently held by Citigroup Global Markets Realty Corp., and the non-controlling notes A-4A and A-4B, which are currently held by Ladder Capital Finance VI TRS LLC, have an aggregate principal balance of $83,000,000, and are expected to be contributed to one or more future securitization transactions. Cut-off Date LTV Ratio, LTV Ratio at Maturity/ARD, Underwritten NCF DSCR, Debt Yield on Underwritten Net Operating Income, Debt Yield on Underwritten Net Cash Flow and Loan Per Unit calculations are based on the aggregate Cut-off Date Balance of $133,000,000. The 80 Park Plaza Loan was co-originated by Citigroup Global Markets Realty Corp. and Ladder Capital Finance LLC. |
(16) | The lockout period will be at least 25 payment dates commencing with the first payment date in November 2016. For the purposes of this Preliminary Prospectus, the assumed lockout period of 25 payment dates is based on the expected CGCMT 2016-C3 securitization closing date in November 2016. The actual lockout period may be longer. |
(17) | The borrowers have the right to defease a portion of the Mortgage Loan and release the Mortgaged Property identified as 63 Baker Street and/or the Mortgaged Property identified as 75 Baker Street at any time after the date that is two years from the Closing Date, provided that certain conditions are satisfied.See “Partial Releases” in this Preliminary Prospectus. |
(18) | No additional taxes are currently payable and the lender does not estimate additional taxes will be payable until the due date in May 2017, at which time (or such sooner time as taxes may be due and payable), the monthly tax reserve payments of an estimated $74,409 will commence. |
(19) | The Largest Tenant at 17 Virginia Avenue is Rhode Island Hospital. Rhode Island Hospital currently leases two separate spaces totaling 14,795 SF with different expiration dates. The largest portion of leased space is 8,605 SF and expires in September 2020. The second largest portion of leased space is 6,190 SF and expires January 2020. |
(20) | The Largest Tenant at 765 Allens Avenue is Rhode Island Hospital. Rhode Island Hospital currently leases three separate spaces totaling 30,071 SF with different expiration dates. The largest portion of leased space is 14,179 SF and expires in February 2021. The second largest portion of leased space is 10,728 SF and expires August 2017. The third largest portion of the leased space is 5,164 SF and expires in March 2020. |
(21) | The Second Largest Tenant at 765 Allens Avenue is Lifespan Corporation. Lifespan Corporation currently leases two separate spaces totaling 4,160 SF with different expiration dates. The largest portion of leased space is 2,800 SF and expires in February 2019. The second largest portion of leased space is 1,360 SF and expires July 2019. |
(22) | The Potomac Mills Loan is evidenced by the non-controlling note A-7, which had an original principal balance of $35,000,000 and has an outstanding principal balance as of the Cut-off Date of $35,000,000. The related companion loans are evidenced by (i) the controlling note A-1 and non-controlling note A-6, which had an aggregate original principal balance of $70,000,000, have an aggregate outstanding principal balance as of the Cut-off Date of $70,000,000, are currently held by Société Générale and Cantor Commercial Real Estate Lending L.P. (“CCRE”), respectively, and expected to be contributed to the CFCRE 2016-C6 securitization transaction (ii) the non-controlling notes A-2 and A-3, which had an aggregate original principal balance of $32,750,000, have an aggregate outstanding principal balance as of the Cut-off Date of $32,750,000, and are currently held by Société Générale and expected to be contributed to one or more future commercial mortgage securitization transactions, |
A-30 |
(iii) the non-controlling notes A-4 and A-5, which had an aggregate original principal balance of $72,750,000, have an aggregate outstanding principal balance as of the Cut-off Date of $72,750,000, and are currently held by Bank of America, N.A. and expected to be contributed to one or more future commercial mortgage securitization transactions, (iv) the non-controlling note A-8, which had an original principal balance of $7,750,000, has an outstanding principal balance as of the Cut-off Date of $7,750,000, and is currently held by Cantor Commercial Real Estate Lending L.P. and expected to be contributed to one or more future commercial mortgage securitization transactions, and (v) the non-controlling notes A-9 and A-10, which had an aggregate original principal balance of $72,750,000, have an aggregate outstanding principal balance as of the Cut-off Date of $72,750,000, and is currently held by Barclays Bank PLC and expected to be contributed to one or more future commercial mortgage securitization transactions. | |
(23) | The lockout period will be at least 24 payment dates beginning with and including the first payment date of December 1, 2016. For the purposes of this Preliminary Prospectus, the assumed lockout period of 24 payments is based on the expected CGCMT 2016-C3 securitization closing date in November 2016. The actual lockout period may be longer. |
(24) | The Original Balance and Cut-off Date Balance of $35.0 million represents the senior non-controlling note A-7, which, together with the nine pari passu Senior Notes, with an aggregate original principal balance of $291.0 million, and 10 subordinate Junior Companion Notes, with an aggregate original principal balance of $125.0 million, comprise the Potomac Mills Loan Combination with an aggregate original principal balance of $416.0 million. |
(25) | Any time during the term of the Potomac Mills Loan, the borrower may obtain the release of immaterial or non-income producing portions of the Mortgaged Property, provided that (i) the borrower delivers a REMIC opinion and (ii)(x) the loan-to-value ratio following such release is equal to or less than 125% or (y) the borrower has prepaid the Potomac Mills Loan Combination by an amount not less than the least of (I) if the released parcel was sold, the net proceeds in an arm’s-length transaction, or if it was condemned, the net condemnation proceeds, (II) the fair market value of the parcel at the time of release and (III) an amount such that the loan-to-value ratio of the Potomac Mills Loan Combination does not increase as a result of the release. If the tenant under the IKEA lease exercises its purchase option, the borrower may also obtain the release of the IKEA parcel without the consent of any person if provided, among other things, that (i) the loan-to-value ratio of the remaining property is equal to or less than 125% or (ii) the borrower pays down the principal balance of the Mortgage Loan by an amount not less than (x) the fair market value of the released parcel at the time of the transfer and release, or (y) an amount such that the loan-to-value ratio of the remaining property does not increase after the transfer, unless the borrower delivers an opinion of counsel stating that if the amount in (ii) is not paid, the securitization will not fail to maintain its REMIC status. |
(26) | The Hill7 Office Loan has an outstanding Cut-off Date Balance of $30,000,000 and represents the non-controlling note A-2 of a $101,000,000 loan combination evidenced by three pari passu notes. Both the controlling note A-1 and non-controlling note A-3 with outstanding principle balances as of the Cut-off date of $60,000,000 and $11,000,000, respectively, are expected to be contributed to CFCRE 2016-C6 securitization transaction. |
(27) | The borrower has the right to prepay in full, but not in part, the $101,000,000 Hill7 Office Loan Combination on any business day on or after the payment date of March 6, 2017. If such prepayment occurs prior to the open prepayment date (i.e., the payment date occurring six months prior to November 6, 2026, the Anticipated Repayment Date), the borrower must also pay a yield maintenance premium in connection with such prepayment. |
(28) | Commencing on the Anticipated Repayment Date of November 6, 2026, the Hill7 Office loan will accrue interest at a per annum rate equal to the greater of (i) 5.3830% and (ii) the then 10-year swap yield on the ARD plus 2.0000%. |
(29) | The Cut-off Date LTV Ratio and LTV Ratio at Maturity/ARD are based on the “As-Is” Appraised Value which includes a $20.2 million credit given to the borrower in connection with the purchase of the Hill7 Office Property (which credit relates to certain borrower owed expenses) and which is net of $3.0 million provided by the borrower sponsors in the form of a combination of letter of credit and guaranty that is the (“TI/LC & Future Leasing LOC/Guaranty”) earmarked for future leasing costs. The Cut-off Date LTV Ratio and LTV Ratio at Maturity/ARD based on the “as-is” Appraised Value and aggregate Cut-off Date Balance of $101,000,000 are 50.0%. |
(30) | The Largest Tenant, Redfin, has six months’ rent abatement on their initial premises (floors 5-7). |
A-31 |
(31) | The Largest Tenant, Redfin, has taken delivery of floors 5-7. The tenant is currently building out its space with a lease commencement date of February 1, 2017. Suite 400 is a must-take space, but currently has not been delivered to the tenant. The rent commencement date for floor 4 is January 1, 2019 or the date that the tenant takes occupancy of such premises. |
(32) | HBO, the Second Largest Tenant has the option to terminate all or a portion of its lease effective May 31, 2021, with nine months’ written notice and payment of a termination fee equal to the sum of 12 months’ base rent and any unamortized free rent, rent credit, tenant improvements and broker commissions (approximately $10,500,000). |
(33) | At loan origination, Canada Pension Plan Investment Board (“CPPIB”) delivered an approximately $10.4 million evergreen letter of credit from the Bank of Nova Scotia (rated AA-/Aa3/A+ by Fitch/Moody’s/S&P) and Hudson Pacific Properties, L.P. (rated BBB-/Baa3/BBB- by Fitch/Moody’s/S&P) provided a $12.7 million guaranty (collectively, the “TI/LC & Future Leasing LOC/Guaranty”), which amount represents the aggregate of (i) approximately $14.1 million of owed TI/LC’s in connection with the build out of the HBO (approximately $2.1 million) and Redfin (approximately $12.0 million) leased spaces, (ii) approximately $6.1 million for operating expenses, bridge rent and reimbursements associated with Redfin and (iii) $3.0 million for future leasing costs. |
(34) | The Cut-off Date Principal Balance of $30,000,000 represents the non-controlling note A-1 of a $132,000,000 loan combination evidenced by three pari passu notes. The non-controlling note A-2 and controlling note A-3, which have outstanding principal balances as of the Cut-off Date Balance of $50,000,000 and $52,000,000, respectively, are currently held by Barclays Bank PLC and are expected to be contributed to one or more future securitization transactions. Cut-off Date LTV Ratio, LTV Ratio at Maturity/ARD, Underwritten NCF DSCR, Debt Yield on Underwritten Net Operating Income, Debt Yield on Underwritten Net Cash Flow and Loan Per Unit calculations are based on the aggregate Cut-off Date Balance of $132,000,000. |
(35) | From and after the Anticipated Repayment Date, the Mortgage Loan will accrue interest at a per annum rate equal to the sum of (a) the Mortgage Loan Rate and (b) 3.00%; however, interest accrued in excess of the Mortgage Loan Rate will be deferred and all excess cash flow from the Mortgaged Property after the payment of reserves, interest calculated at the Mortgage Loan Rate and operating expenses will be applied (i) first to repay the outstanding principal balance of the Mortgage Loan and (ii) second to the payment of accrued interest. |
(36) | On October 6, 2016, the borrower deposited $333,185.52 into the Upfront RE Tax Reserve account. On the due date in November 2016, the borrower is required to deposit $333,185.52 into the Upfront RE Tax Reserve account. Commencing on the due date in December 2016, and on each due date thereafter during the term of the Mortgage Loan, the borrower is required to make deposits into the Ongoing RE Tax Reserve equal to one-twelfth of the amount the lender estimates will be necessary to pay taxes over the then succeeding 12-month period (initially $191,399.89). |
(37) | The seller of the Mortgaged Property completed a sale-leaseback transaction with the sole tenant, Verizon Business Network Services Inc., in December 2015. As such, historical financial information for the Mortgaged Property is not available. |
(38) | The Cut-off Date Balance of approximately $29,961,377 represents the non-controlling note A-2 of a $70,500,000 whole loan original balance evidenced by two pari passu notes. The controlling note A-1 which has an outstanding principal balance as of the Cut-off Date of approximately $40,447,859 was contributed to the CGCMT 2016-P5 securitization transaction. Cut-off Date LTV Ratio, LTV Ratio at Maturity/ARD, Underwritten NCF DSCR, Debt Yield on Underwritten Net Operating Income, Debt Yield on Underwritten Net Cash Flow and Loan Per Unit calculations are based on the aggregate Cut-off Date Balance of approximately $70,409,237. |
(39) | The appraised values presented for certain Mortgaged Properties in the College Boulevard Portfolio were obtained from combined “as-is” appraised values including multiple Mortgaged Properties in the College Boulevard Portfolio. The appraiser concluded to (i) an individual “as-is” appraised value for 7101 College Boulevard of $32,200,000, (ii) a combined “as-is” appraised value for Commerce Plaza I and Commerce Plaza II of $39,600,000 and (iii) a combined “as-is” appraised value for Financial Plaza II and Financial Plaza III of $25,400,000. The individual “as-is” appraised values presented for Commerce Plaza I and Commerce Plaza II were allocated based on the weighted average Underwritten Net Cash Flow for each individual Mortgaged Property. The individual “as-is” appraised values presented for Financial Plaza II and Financial Plaza III were allocated based on the weighted average Underwritten Net Cash Flow for each individual Mortgaged Property. |
A-32 |
(40) | The Second Largest Tenant at the 7101 College Boulevard Mortgaged Property, Brungardt Honomichi & Company, P.A., leases 16,435 SF of space which expires on November 30, 2021 and 7,548 SF of space which expires on November 30, 2017. |
(41) | The Mortgage Loan documents waive the late payment fee one time per calendar year provided that the required payment is made within five days of the date due. |
(42) | On each payment date occurring in April, May, June, July and August of each year during the loan term, the borrower will pay a seasonal working capital reserve account monthly deposit of $726,000 to the extent the balance on deposit in the Seasonality Reserve account equals $3,630,000. |
(43) | The Marriott Hilton Head Resort & Spa Loan has an outstanding principal balance as of the Cut-off Date of approximately $29,953,118, and is evidenced by the non-controlling notes A-2B and A-4 of the $98,000,000 Marriott Hilton Head Resort & Spa Loan Combination, which is evidenced by five pari passu notes. The related companion loans, which are evidenced by the controlling note A-1 (currently held by Rialto Mortgage Finance, LLC), and the non-controlling notes A-2A and A-3 (currently held by Citigroup Global Markets Realty Corp.) have an aggregate outstanding principal balance as of the Cut-off Date of approximately $24,960,932, and are expected to be contributed to one or more future commercial mortgage securitization transactions. Cut-off Date LTV Ratio, LTV Ratio at Maturity/ARD, Underwritten NCF DSCR, Debt Yield on Underwritten Net Operating Income, Debt Yield on Underwritten Net Cash Flow and Loan Per Unit calculations are based on the aggregate Cut-off Date Balance of approximately $97,846,854. |
(44) | The lockout period will be at least 25 payment dates beginning with and including the first payment date of November 6, 2016. For the purposes of this preliminary prospectus, the assumed lockout period of 25 payment dates is based on the expected CGCMT 2016-C3 securitization closing date in November 2016. The actual lockout period maybe longer. |
(45) | The borrower is required to make monthly deposits into the replacement reserve of (i) $138,910 in 2016, and (ii) thereafter, an amount equal to the greater of (a) one-twelfth of 5% of gross income from operations during the calendar year immediately preceding the calendar year in which such payment date occurs and (b) the aggregate amount required under the management agreement and the franchise agreement. |
(46) | Pursuant to the sole tenant’s lease, the borrower is prohibited from transferring, selling or otherwise conveying any individual Mortgaged Property to a transferee who operates, or has an affiliate that operates, a store selling any or all of the following: hunting and fishing equipment & licenses, small appliances, housewares, lawn and garden supplies, paint, pet supplies, tools, farm supplies, sporting goods, automotive goods, hardware, and apparel. |
(47) | The Mills Fleet Farm Loan represents the controlling note A-2 and has an outstanding Cut-off Date Balance of approximately $27,869,389 of a $65,000,000 whole loan evidenced by three pari passu notes. The non-controlling note A-1 which has an outstanding Cut-off Date Balance of approximately $16,920,700 is expected to be contributed to the CFCRE 2016-C6 securitization transaction and the non-controlling note A-3 which has an outstanding Cut-off Date Balance of approximately $19,906,706 is currently held by Cantor Commercial Real Estate Lending, L.P. and is expected to be contributed to one or more future securitization transactions. |
(48) | The lockout period will be at least 28 payment dates beginning with and including the first payment date of August 6, 2016. For the purposes of this Preliminary Prospectus, the assumed lockout period of 28 payments is based on the expected CGCMT 2016-C3 securitization closing date in November 2016. The actual lockout period may be longer. |
(49) | The loan documents require a monthly FF&E reserve (which currently equates to $33,646) of one-twelfth of the greater of (i) 4% of the projected annual gross revenues from operations of the Starwood Select Service Hotel Portfolio I Property for the month which is two months prior to the payment date and (ii) the amount of any deposit required under the franchise agreement for FF&E. |
(50) | The borrower has the right to defease a portion of the Mortgage Loan and release a Mortgaged Property at any time after the date that is two years from the Closing Date provided that certain conditions are satisfied.See “Partial Releases” in this preliminary prospectus. |
A-33 |
(51) | The loan documents require a monthly FF&E reserve (which currently equates to $21,275) of one-twelfth of the greater of (i) 4% of the projected annual gross revenues from operations of the Starwood Select Service Hotel Portfolio II Property for the month which is two months prior to the payment date and (ii) the amount of any deposit required under the franchise agreement for FF&E. |
(52) | The borrower has the right to defease a portion of the Mortgage Loan and release a Mortgaged Property at any time after the date that is two years from the Closing Date provided that that certain conditions are satisfied.See “Partial Releases” in this preliminary prospectus. |
(53) | Historical cash flows for Park Central Building 1 are unavailable because the borrower acquired the property in June 2016. |
(54) | The borrower has the right to defease a portion of the Mortgage Loan and release one or more Mortgaged Properties at any time after the date that is two years from the Closing Date provided that that certain conditions are satisfied.See “Partial Releases” in this preliminary prospectus. |
(55) | The loan documents require a monthly FF&E reserve (which currently equates to $17,593) of one-twelfth of the greater of (i) 4% of the projected annual gross revenues from operations of the Starwood Select Service Hotel Portfolio III Property for the month which is two months prior to the payment date and (ii) the amount of any deposit required under the franchise agreement for FF&E. |
(56) | The borrower has the right to defease a portion of the Mortgage Loan and release a Mortgaged Property at any time after the date that is two years from the Closing Date provided that that certain conditions are satisfied.See “Partial Releases” in this preliminary prospectus. |
(57) | The Appraised Value of $23,800,000 represents the “as complete” value of the Mortgaged Property as of August 9, 2017. The Cut-off Date LTV Ratio and LTV Ratio at Maturity are calculated based upon the basis of such Appraised Value. The borrower funded an upfront planned capital improvements reserve of $3,080,000 is at loan closing. The appraiser concluded an “as-is” Appraised Value of $18,800,000 as of August 9, 2016. The Cut-off Date LTV Ratio and LTV Ratio at Maturity/ARD based on the “as-is” appraised value is 63.8% and 52.4%, respectively. |
(58) | On each payment date commencing on November 6, 2017, borrower will be required to make monthly deposits of one-twelfth of 4% of gross income from operations during the calendar year immediately preceding the calendar year in which such payment date occurs into the replacement reserve. |
(59) | If P.C. Richard & Son, Inc.’s lease is extended so that the terms of the lease expires not earlier than five years after the maturity date, borrower will not be required to deposit to the Ongoing TI/LC Reserve; at such time, all funds in the TI/LC Reserve will be returned to borrower. |
(60) | The loan documents require a monthly FF&E reserve (which currently equates to $12,646) of the greater of (x) any amount then required by the franchisor under the franchise agreement and (y) an amount equal to one-twelfth of (i) through and including the monthly payment date in October 2017, 2%, (ii) from the monthly payment date in November 2017 through and including the monthly payment date in October 2018, 3%, and (iii) from the monthly payment date in November 2018 and for each monthly payment date thereafter, 4% of the greater of (I) the gross revenues from operations of the Hampton Inn & Suites Tempe ASU Area Property for the prior year or (II) the projected annual gross revenues for the calendar year in which the payment date occurs, as set forth in the approved budget. If no budget yet exists, the amount of the payment calculated under clause (y) above is calculated in the lender’s reasonable discretion. |
(61) | The Ongoing Replacement Reserve will be the greater of (a) for the first 12 months of the loan term an amount equal to: (i) one-twelfth of 2% of gross income from operations during the calendar year immediately preceding the calendar year in which such payment date occurs; (ii) during months 13 through 36 of the loan term an amount equal to one-twelfth of 3% of gross income from operations during the calendar year immediately preceding the calendar year in which such payment date occurs; and (iii) thereafter, an amount equal to: (a) one-twelfth of 4% of gross income from operations during the calendar year immediately preceding the calendar year in which such payment date occurs; and (b) the aggregate amount required under the management agreement and the franchise agreement. |
A-34 |
(62) | The Mortgaged Property is secured by the borrower’s leasehold interest in the Mortgaged Property in accordance with a space lease. The space lease was executed in 2004 and comprises 152,761 gross SF of an approximately 212,064 gross SF industrial building constructed in 1960 (and owned by an unaffiliated third party). The space lease provides for an initial term that expires in June 2044 and includes three, 15-year extension options. The improvements comprising the Mortgaged Property were completed in 2004 within the area demised under the space lease and consist of 1,039 self-storage units totaling 100,268 SF. Pursuant to an agreement among the lender, the space lessor and the borrower, upon an event of default by the borrower under the space lease (which is an event of default under the Mortgage Loan documents), the space lessor may terminate the space lease and obtain a release of the leasehold interest from the lien of the Mortgage Loan upon: (i) payment in full of the outstanding principal balance of the Mortgage Loan together with all other amounts due to the lender, including a yield maintenance premium, if required, or (ii) if such event of default occurs after the permitted defeasance date but prior to the open prepayment date, defeasance of the Mortgage Loan. |
(63) | The Cut-off Date LTV Ratio and LTV Ratio at Maturity/ARD are calculated based upon the Mortgaged Property’s “as-stabilized” appraised value of $16,000,000. The “as-stabilized” appraised value assumes the completion of renovations to the Mortgaged Property, the costs of which were reserved for at origination of the Mortgage Loan. The Cut-off Date LTV Ratio and LTV Ratio at Maturity/ARD based on the “as-is” appraised value of $12,500,000 are 59.9% and 53.7%, respectively. |
(64) | The loan documents require a monthly FF&E reserve (which currently equates to $11,076) of the greater of (x) any amount then required by the franchisor under the franchise agreement and (y) with respect to an amount equal to one-twelfth of (i) through and including the monthly payment date in October 2017, 2%, (ii) from the monthly payment date in November 2017 through and including the monthly payment date in October 2018, 3%, and (iii) from the monthly payment date in November 2018 and for each monthly payment date thereafter, 4% of the greater of (I) the gross revenues from operations of the Homewood Suites Overland Park Property for the prior year or (II) the projected annual gross revenues for the calendar year in which the payment date occurs, as set forth in the approved budget. If no budget yet exists, the amount of the payment calculated under clause (y) above is calculated in the lender’s reasonable discretion. |
(65) | The borrower acquired the Mortgaged Property in June 2014 and as a result, historical financial information from January 2014 to June 2014 is not available. The 2014 financial information represents annualized figures from July 2014 through December 2014. |
(66) | The Marriott Saddle Brook Loan has an outstanding Cut-off Date Balance of approximately $6,909,786 which represents the non-controlling note A-2-1 of a $30,000,000 whole loan evidenced by three pari passu notes. The controlling note A-1 which has an outstanding Cut-off Date Balance of approximately $14,806,685 was contributed to the SGCMS 2016-C5 securitization transaction and the non-controlling note A-2-2, which has an outstanding Cut-off Date Balance of approximately $5,429,119, is expected to be contributed to the CFCRE 2016-C6 securitization transaction. |
(67) | The Original Balance of the Marriott Saddle Brook Loan Combination is $30,000,000. On or about June 20, 2016, the loan agreement was amended to permit a prepayment of $2,500,000 principal balance of the Marriott Saddle Brook Loan Combination. The Cut-off Date Balance of the Marriott Saddle Brook Loan Combination (which incorporates amortization and the principal paydown) is $27,145,590. The mortgage loan is represented by note A-2-1, one of three pari passu notes. The note A-2-1 has a monthly debt service of $38,197.93. Note A-1 and Note A-2-2 are not included in the trust. All loan-to-value ratios, debt service coverage ratios, debt yields and Loan per Unit calculations are based on Note A-1, A-2-1 and A-2-2. At loan origination, the Marriott Saddle Brook Loan Combination had an original term of 120 months and an original amortization of 360 months. The remaining amortization is the approximate amortization resulting from a constant monthly debt service as calculated on the Cut-off Date Balance following the $2,500,000 principal paydown on the Marriott Saddle Brook Loan Combination after the June 2016 debt service payment. |
(68) | NC Self Storage has 82,331 SF of self storage space and 104,097 SF of warehouse space. |
(69) | The Ongoing Replacement Reserve deposit shall be equal to (i) $10,479.17 for each payment date occurring on or prior to October 6, 2019, and (ii) $3,395.83 for each payment date thereafter. |
(70) | The borrower acquired the Mortgaged Property in July 2014 and as a result, historical financial information for (i) 2013 represents the trailing 12 month figures for the period ending March 2014 and (ii) 2014 represents annualized figures from August 2014 through December 2014. |
A-35 |
(71) | The related borrowers have the right to defease a portion of the Mortgage Loan and release one or more Mortgaged Properties at any time after the date that is two years from the Closing Date, provided that certain conditions are satisfied.See “Partial Releases” in this Preliminary Prospectus. |
(72) | The mortgage property is comprised of 4,600 SF of commercial space and 32,680 SF of residential space. |
(73) | The borrower sponsors acquired the Mortgaged Property in July 2014 and as a result, historical financial information for (i) 2013 represents the trailing 12 month figures for the period ending March 2014 and (ii) 2014 represents annualized figures from August 2014 through December 2014. |
(74) | The borrower sponsors acquired the Mortgaged Property in July 2014 and as a result, historical financial information for (i) 2013 represents the trailing 12 month figures for the period ending March 2014 and (ii) 2014 represents annualized figures from August 2014 through December 2014. |
(75) | The sponsor negotiated a ground lease of 450 SF of this space for use as a restaurant patio for Panda Express, the second largest tenant. The original term of the ground lease was for 10-years with three, five-year renewal options available through 2028. The ground lease payment was $75 per month during the first five years of the original term, with 15% increases every five years thereafter. The current ground lease payment is $99.19 per month and will increase to $114.07 per month if the ground lease is extended for another five years in 2018. While the Sponsor is responsible for the ground lease payments, Panda Express reimburses the ground rent and all other costs associated with the use of this space. |
(76) | The Ongoing Replacement Reserve with an amount equal to $137.03 is waived for the first 60 Payment Dates. |
(77) | The mezzanine loan to CS1031 Birmingham MOB SPE Member, LLC and CS1031 Birmingham MOB Holdings, LLC held by Terra Property Trust, Inc. had an original balance of $400,000, but was subsequently paid down. The current balance as of October 21, 2016 was $214,435 and requires interest only payments at a rate of 13.0000% per annum. |
A-36 |
MORTGAGE POOL CHARACTERISTICS | |
Mortgage Pool Characteristics | |
Initial Pool Balance | $ 756,492,189 |
Number of Mortgage Loans | 44 |
Number of Mortgaged Properties | 72 |
Average Cut-off Date Mortgage Loan Balance | $ 17,193,004 |
Weighted Average Mortgage Interest Rate | 4.159865% |
Weighted Average Remaining Term to Maturity (months) | 113 |
Weighted Average Remaining Amortization Term (months) | 353 |
Weighted Average Cut-off Date LTV Ratio | 60.4% |
Weighted Average Maturity Date LTV Ratio | 54.0% |
Weighted Average Underwritten Debt Service Coverage Ratio | 2.23 |
Weighted Average Debt Yield on Underwritten NOI | 11.3% |
Mortgage Loans by Loan Seller | ||||
Mortgage Loan Seller | Mortgage Loans | Mortgaged Properties | Aggregate Cut-off Date Balance | % of Initial Pool Balance |
Citigroup Global Markets Realty Corp. | 15 | 39 | 270,379,720 | 35.7% |
Barclays Bank PLC | 12 | 12 | 222,282,500 | 29.4% |
Cantor Commercial Real Estate Lending, L.P. | 9 | 13 | 124,171,388 | 16.4% |
Rialto Mortgage Finance, LLC | 7 | 7 | 109,705,463 | 14.5% |
Citigroup Global Markets Realty Corp. & Rialto Mortgage Finance, LLC | 1 | 1 | 29,953,118 | 4.0% |
Total | 44 | 72 | 756,492,189 | 100.0% |
Property Types | ||||
Property Type / Detail | Number of Mortgaged Properties | Aggregate Cut-off Date Balance | % of Initial Pool Balance | |
Office | 28 | 274,831,834 | 36.3% | |
CBD | 3 | 136,250,000 | 18.0% | |
Suburban | 12 | 93,781,834 | 12.4% | |
Medical | 13 | 44,800,000 | 5.9% | |
Retail | 15 | 173,683,428 | 23.0% | |
Super Regional Mall | 2 | 100,000,000 | 13.2% | |
Single Tenant Retail | 8 | 44,569,389 | 5.9% | |
Unanchored | 2 | 14,500,000 | 1.9% | |
Shadow Anchored | 2 | 9,730,375 | 1.3% | |
Anchored | 1 | 4,883,665 | 0.6% | |
Hospitality | 16 | 157,834,844 | 20.9% | |
Extended Stay | 7 | 76,657,747 | 10.1% | |
Limited Service | 7 | 44,314,192 | 5.9% | |
Full Service | 2 | 36,862,904 | 4.9% | |
Multifamily | 6 | 107,092,681 | 14.2% | |
High Rise | 2 | 64,200,000 | 8.5% | |
Garden | 4 | 42,892,681 | 5.7% | |
Self Storage | 5 | 31,332,500 | 4.1% | |
Mixed Use | 2 | 11,716,901 | 1.5% | |
Self Storage/Warehouse | 1 | 6,491,901 | 0.9% | |
Multifamily/Retail | 1 | 5,225,000 | 0.7% | |
Total | 72 | 756,492,189 | 100.0% | |
Georgraphic Distribution | ||||
Property Location | Number of Mortgaged Properties | Aggregate Cut-off Date Balance | % of Initial Pool Balance | |
New Jersey | 3 | 113,159,786 | 15.0% | |
California | 12 | 95,161,811 | 12.6% | |
Michigan | 5 | 87,420,807 | 11.6% | |
Connecticut | 2 | 69,400,000 | 9.2% | |
Virginia | 2 | 65,000,000 | 8.6% | |
Washington | 3 | 55,901,226 | 7.4% | |
Rhode Island | 12 | 42,000,000 | 5.6% | |
Kansas | 6 | 37,450,462 | 5.0% | |
South Carolina | 1 | 29,953,118 | 4.0% | |
Florida | 5 | 29,000,000 | 3.8% | |
North Carolina | 2 | 18,878,106 | 2.5% | |
Wisconsin | 3 | 15,527,036 | 2.1% | |
Kentucky | 4 | 13,191,211 | 1.7% | |
Texas | 2 | 12,642,681 | 1.7% | |
Utah | 1 | 11,107,020 | 1.5% | |
Idaho | 1 | 10,298,530 | 1.4% | |
Arizona | 1 | 9,887,088 | 1.3% | |
Ohio | 2 | 9,695,272 | 1.3% | |
Indiana | 1 | 9,475,684 | 1.3% | |
North Dakota | 1 | 6,697,401 | 0.9% | |
Tennessee | 1 | 6,200,000 | 0.8% | |
Minnesota | 1 | 5,644,952 | 0.7% | |
Alabama | 1 | 2,800,000 | 0.4% | |
Total | 72 | 756,492,189 | 100.0% | |
Distribution of Amortization Types | ||||
Amortization Type | Number of Mortgage Loans | Cut-off Date Balance | % of Initial Pool Balance | |
Amortizing (30 Years) | 23 | 279,496,322 | 36.9% | |
Interest Only | 9 | 250,970,000 | 33.2% | |
Interest Only, Then Amortizing | 7 | 123,700,000 | 16.4% | |
Amortizing ARD | 2 | 60,000,000 | 7.9% | |
Amortizing (25 Years) | 3 | 42,325,867 | 5.6% | |
Total | 44 | 756,492,189 | 100.0% |