FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-207132-10 | ||
THIS FREE WRITING PROSPECTUS, DATED JANUARY 23, 2017 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 RISK RETENTION CONSULTATION PARTIES, 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 atwww.sec.gov. Alternatively, the depositor or Citigroup Global Markets Inc., Deutsche Bank Securities Inc., 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. | ||
CD 2017-CD3 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 |
1 | Loan | 8, 9, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | NAP | NAP | 229 West 43rd Street | New York | New York | 10036 | Retail | Anchored | 1913-1947 |
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | NAP | NAP | 1384 Broadway | New York | New York | 10018 | Office | CBD | 1928 |
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | NAP | NAP | 85 Tenth Avenue | New York | New York | 10011 | Mixed Use | Office/Retail/Storage | 1914 |
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | NAP | NAP | Office | Medical Office | |||||
4.01 | Property | Medical Centre of Santa Monica - West | 2001 Santa Monica Boulevard | Santa Monica | California | 90404 | Office | Medical Office | 1976 | |||||
4.02 | Property | Medical Centre of Santa Monica - East | 2021 Santa Monica Boulevard | Santa Monica | California | 90404 | Office | Medical Office | 1964 | |||||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | NAP | NAP | 130 East Randolph Street & 180 North Stetson Avenue | Chicago | Illinois | 60601 | Office | CBD | 1955, 1990 |
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | NAP | NAP | 1170 Bordeaux Drive | Sunnyvale | California | 94089 | Office | CBD | 2016 |
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | NAP | NAP | 111 Livingston Street | Brooklyn | New York | 11201 | Office | CBD | 1969 |
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | NAP | NAP | 2005 Kalia Road | Honolulu | Hawaii | 96815 | Hospitality | Full Service | 1961 |
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | NAP | NAP | 24400 West Valley Parkway | Olathe | Kansas | 66061 | Office | Data Center | 2016 |
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | NAP | NAP | 10320 West Olympic Boulevard | Los Angeles | California | 90064 | Hospitality | Limited Service | 1987 |
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | NAP | NAP | 9755 South Eastern Avenue | Las Vegas | Nevada | 89183 | Retail | Anchored | 2000 |
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | NAP | NAP | 6737 West Washington Street | West Allis | Wisconsin | 53214 | Office | Suburban | 1905 |
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | NAP | NAP | Hospitality | Various | |||||
13.01 | Property | Courtyard Evansville East | 8105 East Walnut Street | Evansville | Indiana | 47715 | Hospitality | Limited Service | 2013 | |||||
13.02 | Property | Hilton Garden Inn Evansville | 220 Eagle Crest Drive | Evansville | Indiana | 47715 | Hospitality | Limited Service | 2008 | |||||
13.03 | Property | Residence Inn Columbus | 4521 IN-46 | Columbus | Indiana | 47201 | Hospitality | Extended Stay | 2009 | |||||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | Group 1 | NAP | Office | Suburban | |||||
14.01 | Property | Cherry Creek Place II | 3190 South Vaughn Way | Aurora | Colorado | 80014 | Office | Suburban | 1980 | |||||
14.02 | Property | Cherry Creek Place I | 3131 South Vaughn Way | Aurora | Colorado | 80014 | Office | Suburban | 1980 | |||||
15 | Loan | GACC | DBNY | 16 E 40th Street | NAP | NAP | 16 East 40th Street | New York | New York | 10016 | Office | CBD | 1911 | |
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | NAP | NAP | 600 and 610 Hope Parkway Southeast | Leesburg | Virginia | 20175 | Office | Suburban | 2016 | |
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | NAP | NAP | 681 Fifth Avenue | New York | New York | 10022 | Mixed Use | Office/Retail | 1913 |
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | NAP | NAP | 166 Geary Street | San Francisco | California | 94108 | Retail | Unanchored | 1907 |
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | NAP | NAP | Hospitality | Various | |||||
19.01 | Property | Residence Inn - Chattanooga | 2340 Center Street | Chattanooga | Tennessee | 37421 | Hospitality | Extended Stay | 2009 | |||||
19.02 | Property | TownePlace Suites - Chattanooga | 7010 McCutcheon Road | Chattanooga | Tennessee | 37421 | Hospitality | Extended Stay | 2012 | |||||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | 561 Chaffee Point Boulevard | Jacksonville | Florida | 32221 | Hospitality | Limited Service | 2009 | |||||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | NAP | NAP | 111, 121, 131 Continental Drive | Newark | Delaware | 19713 | Office | Suburban | 1990, 1998, 2000 | |
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | NAP | NAP | 1460 Broadway | New York | New York | 10036 | Mixed Use | Office/Retail | 1952 |
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | NAP | NAP | 5400 Fulton Industrial Boulevard | Atlanta | Georgia | 30336 | Industrial | Warehouse/Distribution | 1968 |
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | NAP | NAP | 900 Metropolitan Avenue | Charlotte | North Carolina | 28204 | Retail | Anchored | 2006 |
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | NAP | NAP | 100-190 Quinn Drive | North Fayette | Pennsylvania | 15275 | Retail | Anchored | 1998 |
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | NAP | NAP | 8417 Melrose Place | Los Angeles | California | 90069 | Retail | Shadow Anchored | 1948 |
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | NAP | NAP | 7103 Yorktown Road | Louisville | Kentucky | 40214 | Multifamily | Garden | 1970-1972 |
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | Marriott Hilton Head Resort & Spa | NAP | NAP | 1 Hotel Circle | Hilton Head Island | South Carolina | 29928 | Hospitality | Full Service | 1976, 1985 |
28 | Loan | CGMRC | CGMRC | West Point Office | Group 1 | NAP | 3900 South Wadsworth Boulevard | Lakewood | Colorado | 80235 | Office | Suburban | 1974 | |
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | NAP | NAP | 2783 East 12th Street | Oakland | California | 94601 | Self Storage | Self Storage | 1972 |
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | NAP | NAP | 10095 Brose Drive | Vance | Alabama | 35490 | Industrial | Warehouse/Distribution | 2004, 2009 |
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | NAP | NAP | 910 West Atlantic Avenue | Delray Beach | Florida | 33444 | Hospitality | Limited Service | 2015 |
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | NAP | NAP | 180 Gamma Drive | Pittsburgh | Pennsylvania | 15238 | Hospitality | Select Service | 1971 |
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | NAP | NAP | 202-266 North Highway 65 | Lindsay | California | 93247 | Retail | Anchored | 1982 |
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | NAP | NAP | 9920-9980 West Sam Houston Parkway South | Houston | Texas | 77099 | Mixed Use | Flex/Office | 2005 |
35 | Loan | GACC | DBNY | Publix at Shakerag | NAP | NAP | 7780 McGinnis Ferry Road | Suwanee | Georgia | 30024 | Retail | Anchored | 2004 | |
36 | Loan | CGMRC | CGMRC | Fairway Centre | Group 2 | NAP | 300 and 320 Decker Drive | Irving | Texas | 75062 | Office | Suburban | 1980 | |
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | NAP | NAP | 1201 East Caeser Avenue | Kingsville | Texas | 78363 | Multifamily | Garden | 1953 | |
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | NAP | NAP | 14783 West Grand Avenue | Surprise | Arizona | 85374 | Hospitality | Limited Service | 2005 |
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | NAP | NAP | 5042 Technology Parkway | Fort Collins | Colorado | 80528 | Office | Suburban | 2014 |
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | NAP | NAP | 12535 Tinsley Circle | Tampa | Florida | 33612 | Multifamily | Garden | 1974, 1999 |
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | NAP | NAP | Various | Various | |||||
41.01 | Property | 21st Center | 14320-14340 Northeast 21st Street | Bellevue | Washington | 98007 | Industrial | Flex | 1980 | |||||
41.02 | Property | 20th Center | 14917 Northeast 20th Street | Bellevue | Washington | 98007 | Retail | Unanchored | 1973 | |||||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | NAP | NAP | 1055-1061 West Henderson Avenue | Porterville | California | 93257 | Office | Suburban | 1976 |
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | Group 2 | NAP | 24504 Kuykendahl Road | Spring | Texas | 77389 | Retail | Unanchored | 2015 |
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | NAP | NAP | 18601 Van Buren Boulevard | Riverside | California | 92508 | Self Storage | Self Storage | 2003 |
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | NAP | NAP | 180 Main Avenue | Clifton | New Jersey | 07014 | Other | Leased Fee | NAP |
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | NAP | NAP | 301 Tucker Lane | Cocoa | Florida | 32926 | Hospitality | Limited Service | 2003 |
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | NAP | NAP | 10800 Unser Boulevard Northwest | Albuquerque | New Mexico | 87114 | Retail | Anchored | 2009 |
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | NAP | NAP | 2901-2911 North Sheffield | Chicago | Illinois | 60657 | Retail | Single Tenant | 1920 |
49 | Loan | CGMRC | CGMRC | CVS Holbrook | Group 3 | NAP | 842 South Franklin Street | Holbrook | Massachusetts | 02343 | Retail | Single Tenant | 2005 | |
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | NAP | NAP | 138 Liberty Street | Metuchen | New Jersey | 08840 | Self Storage | Self Storage | 2001 |
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | Group 3 | NAP | 130 Bowdoin Street | Dorchester | Massachusetts | 02122 | Retail | Single Tenant | 2002 | |
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | NAP | NAP | 1326 North Jefferies Boulevard | Walterboro | South Carolina | 29488 | Retail | Single Tenant | 2005 |
A-1
CD 2017-CD3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Year Renovated | Units, Pads, Rooms, SF | Unit Description | Loan Per Unit ($) | Ownership Interest | Original Balance ($) | Cut-off Date Balance ($) | Allocated Cut-off Date Loan Amount ($) | % of Initial Pool Balance | Balloon Balance ($) | Mortgage Loan Rate (%) | Administrative Fee Rate (%) (1) |
1 | Loan | 8, 9, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | 2009 | 248,457 | SF | 1,147.08 | Fee Simple | 100,000,000 | 100,000,000 | 100,000,000 | 7.5% | 100,000,000 | 4.00550% | 0.0104% |
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | 2016 | 213,450 | SF | 412.27 | Fee Simple | 88,000,000 | 88,000,000 | 88,000,000 | 6.6% | 88,000,000 | 4.84000% | 0.0123% |
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | 2014-2016 | 632,584 | SF | 403.11 | Fee Simple | 75,000,000 | 75,000,000 | 75,000,000 | 5.6% | 75,000,000 | 3.82060% | 0.0104% |
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | 204,414 | SF | 347.33 | Leasehold | 71,000,000 | 71,000,000 | 5.3% | 71,000,000 | 4.06000% | 0.0123% | ||
4.01 | Property | Medical Centre of Santa Monica - West | NAP | 140,968 | SF | Leasehold | 48,329,400 | 3.6% | |||||||||
4.02 | Property | Medical Centre of Santa Monica - East | 1976 | 63,446 | SF | Leasehold | 22,670,600 | 1.7% | |||||||||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | 1990, 2014-2015 | 2,269,632 | SF | 182.85 | Fee Simple | 70,000,000 | 70,000,000 | 70,000,000 | 5.3% | 62,838,029 | 4.61000% | 0.0104% |
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | NAP | 314,352 | SF | 588.51 | Fee Simple | 70,000,000 | 70,000,000 | 70,000,000 | 5.3% | 64,452,486 | 4.54980% | 0.0152% |
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | 2001 | 434,000 | SF | 276.50 | Fee Simple | 67,000,000 | 67,000,000 | 67,000,000 | 5.0% | 67,000,000 | 4.73000% | 0.0153% |
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | 2016 | 2,860 | Rooms | 243,566.43 | Fee Simple/Leasehold | 60,000,000 | 60,000,000 | 60,000,000 | 4.5% | 60,000,000 | 4.19950% | 0.0092% |
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | NAP | 193,953 | SF | 412.47 | Fee Simple | 55,000,000 | 55,000,000 | 55,000,000 | 4.1% | 55,000,000 | 4.64000% | 0.0160% |
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | 2014 | 136 | Rooms | 300,291.30 | Fee Simple | 41,000,000 | 40,839,616 | 40,839,616 | 3.1% | 32,855,746 | 4.25000% | 0.0123% |
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | NAP | 234,306 | SF | 170.72 | Fee Simple | 40,000,000 | 40,000,000 | 40,000,000 | 3.0% | 36,844,339 | 4.92000% | 0.0123% |
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | 2003 | 664,479 | SF | 108.36 | Fee Simple/Leasehold | 40,000,000 | 40,000,000 | 40,000,000 | 3.0% | 35,326,218 | 4.89000% | 0.0173% |
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | 314 | Rooms | 102,973.11 | Fee Simple | 32,400,000 | 32,333,556 | 2.4% | 26,772,647 | 5.16000% | 0.0123% | ||
13.01 | Property | Courtyard Evansville East | NAP | 119 | Rooms | Fee Simple | 13,133,012 | 1.0% | |||||||||
13.02 | Property | Hilton Garden Inn Evansville | NAP | 112 | Rooms | Fee Simple | 12,125,084 | 0.9% | |||||||||
13.03 | Property | Residence Inn Columbus | NAP | 83 | Rooms | Fee Simple | 7,075,460 | 0.5% | |||||||||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | 399,967 | SF | 79.92 | Fee Simple | 32,000,000 | 31,966,710 | 2.4% | 26,380,364 | 5.09000% | 0.0123% | ||
14.01 | Property | Cherry Creek Place II | 2008, 2013 | 203,443 | SF | Fee Simple | 16,525,695 | 1.2% | |||||||||
14.02 | Property | Cherry Creek Place I | 2008, 2013 | 196,524 | SF | Fee Simple | 15,441,015 | 1.2% | |||||||||
15 | Loan | GACC | DBNY | 16 E 40th Street | 2005 | 96,182 | SF | 327.50 | Fee Simple | 31,500,000 | 31,500,000 | 31,500,000 | 2.4% | 31,500,000 | 4.50000% | 0.0123% | |
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | NAP | 145,819 | SF | 203.47 | Fee Simple | 29,670,000 | 29,670,000 | 29,670,000 | 2.2% | 27,361,665 | 5.00000% | 0.0223% | |
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | 2009 | 82,573 | SF | 2,603.76 | Fee Simple | 28,500,000 | 28,500,000 | 28,500,000 | 2.1% | 28,500,000 | 4.12650% | 0.0104% |
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | 2016 | 12,713 | SF | 2,241.80 | Fee Simple | 28,500,000 | 28,500,000 | 28,500,000 | 2.1% | 28,500,000 | 4.81000% | 0.0123% |
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | 285 | Rooms | 96,127.48 | Fee Simple | 27,500,000 | 27,396,332 | 2.1% | 22,176,234 | 4.43000% | 0.0123% | ||
19.01 | Property | Residence Inn - Chattanooga | NAP | 109 | Rooms | Fee Simple | 13,863,205 | 1.0% | |||||||||
19.02 | Property | TownePlace Suites - Chattanooga | NAP | 87 | Rooms | Fee Simple | 7,261,679 | 0.5% | |||||||||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | NAP | 89 | Rooms | Fee Simple | 6,271,449 | 0.5% | |||||||||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | NAP | 234,772 | SF | 111.70 | Fee Simple | 26,250,000 | 26,223,908 | 26,223,908 | 2.0% | 21,772,092 | 5.28000% | 0.0223% | |
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | 2015 | 214,341 | SF | 933.09 | Fee Simple | 25,000,000 | 25,000,000 | 25,000,000 | 1.9% | 25,000,000 | 4.05000% | 0.0104% |
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | 2016 | 682,750 | SF | 32.54 | Fee Simple | 22,220,000 | 22,220,000 | 22,220,000 | 1.7% | 19,162,598 | 4.87000% | 0.0123% |
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | NAP | 122,599 | SF | 171.29 | Fee Simple | 21,000,000 | 21,000,000 | 21,000,000 | 1.6% | 19,372,038 | 5.02000% | 0.0123% |
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | NAP | 149,943 | SF | 108.37 | Fee Simple | 16,250,000 | 16,250,000 | 16,250,000 | 1.2% | 16,250,000 | 3.90000% | 0.0123% |
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | 2016 | 5,281 | SF | 3,029.73 | Fee Simple | 16,000,000 | 16,000,000 | 16,000,000 | 1.2% | 16,000,000 | 4.45200% | 0.0123% |
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | 2014-2016 | 362 | Units | 41,436.46 | Fee Simple | 15,000,000 | 15,000,000 | 15,000,000 | 1.1% | 14,126,252 | 5.21000% | 0.0123% |
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | Marriott Hilton Head Resort & Spa | 2015 | 513 | Rooms | 189,805.12 | Fee Simple | 15,000,000 | 14,903,575 | 14,903,575 | 1.1% | 11,181,242 | 4.92000% | 0.0104% |
28 | Loan | CGMRC | CGMRC | West Point Office | 1994 | 174,460 | SF | 75.78 | Fee Simple | 13,250,000 | 13,220,707 | 13,220,707 | 1.0% | 10,834,927 | 4.84000% | 0.0123% | |
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | NAP | 89,295 | SF | 145.44 | Fee Simple | 13,000,000 | 12,986,890 | 12,986,890 | 1.0% | 10,761,831 | 5.22000% | 0.0623% |
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | NAP | 604,000 | SF | 37.67 | Fee Simple | 12,750,000 | 12,750,000 | 12,750,000 | 1.0% | 11,206,941 | 4.68000% | 0.0280% |
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | NAP | 95 | Rooms | 110,369.88 | Leasehold | 10,500,000 | 10,485,139 | 10,485,139 | 0.8% | 7,979,004 | 5.46000% | 0.0123% |
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | 2010-2011 | 223 | Rooms | 46,840.17 | Fee Simple | 10,500,000 | 10,445,357 | 10,445,357 | 0.8% | 7,701,801 | 4.49000% | 0.0123% |
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | 2016 | 95,364 | SF | 94.90 | Fee Simple | 9,050,000 | 9,050,000 | 9,050,000 | 0.7% | 8,309,006 | 4.71000% | 0.0123% |
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | NAP | 116,700 | SF | 77.01 | Fee Simple | 9,000,000 | 8,986,755 | 8,986,755 | 0.7% | 6,788,486 | 5.25000% | 0.0123% |
35 | Loan | GACC | DBNY | Publix at Shakerag | NAP | 64,100 | SF | 138.70 | Fee Simple | 8,925,000 | 8,890,442 | 8,890,442 | 0.7% | 7,164,705 | 4.30000% | 0.0123% | |
36 | Loan | CGMRC | CGMRC | Fairway Centre | 2015-2016 | 83,628 | SF | 105.12 | Fee Simple | 8,800,000 | 8,791,147 | 8,791,147 | 0.7% | 7,287,253 | 5.23000% | 0.0123% | |
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | 2005 | 241 | Units | 35,788.38 | Fee Simple | 8,625,000 | 8,625,000 | 8,625,000 | 0.6% | 7,394,027 | 5.55000% | 0.0698% | |
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | 2011-2014 | 100 | Rooms | 72,770.95 | Fee Simple | 7,300,000 | 7,277,095 | 7,277,095 | 0.5% | 5,439,421 | 4.91000% | 0.0598% |
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | NAP | 48,864 | SF | 141.05 | Fee Simple | 6,900,000 | 6,892,511 | 6,892,511 | 0.5% | 5,654,973 | 4.91000% | 0.0598% |
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | NAP | 328 | Units | 20,810.98 | Fee Simple | 6,826,000 | 6,826,000 | 6,826,000 | 0.5% | 6,563,302 | 5.30000% | 0.0123% |
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | 53,111 | SF | 121.91 | Fee Simple | 6,475,000 | 6,475,000 | 0.5% | 6,475,000 | 4.74000% | 0.0123% | ||
41.01 | Property | 21st Center | NAP | 40,200 | SF | Fee Simple | 4,075,000 | 0.3% | |||||||||
41.02 | Property | 20th Center | 2012 | 12,911 | SF | Fee Simple | 2,400,000 | 0.2% | |||||||||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | 2000 | 71,583 | SF | 90.34 | Fee Simple | 6,500,000 | 6,466,631 | 6,466,631 | 0.5% | 3,955,371 | 4.16000% | 0.0123% |
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | NAP | 20,229 | SF | 300.92 | Fee Simple | 6,100,000 | 6,087,281 | 6,087,281 | 0.5% | 5,029,174 | 5.09000% | 0.0123% |
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | NAP | 79,902 | SF | 71.88 | Fee Simple | 5,750,000 | 5,743,524 | 5,743,524 | 0.4% | 4,687,520 | 4.75000% | 0.0123% |
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | NAP | 140,843 | SF | 37.63 | Fee Simple | 5,300,000 | 5,300,000 | 5,300,000 | 0.4% | 5,300,000 | 4.82000% | 0.0123% |
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | 2010-2011 | 75 | Rooms | 69,266.08 | Fee Simple | 5,200,000 | 5,194,956 | 5,194,956 | 0.4% | 4,326,561 | 5.38000% | 0.0123% |
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | NAP | 16,510 | SF | 272.56 | Fee Simple | 4,500,000 | 4,500,000 | 4,500,000 | 0.3% | 4,500,000 | 4.38900% | 0.0123% |
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | 2016 | 15,573 | SF | 285.75 | Fee Simple | 4,450,000 | 4,450,000 | 4,450,000 | 0.3% | 3,930,911 | 4.90000% | 0.0123% |
49 | Loan | CGMRC | CGMRC | CVS Holbrook | NAP | 13,013 | SF | 312.07 | Fee Simple | 4,070,000 | 4,061,023 | 4,061,023 | 0.3% | 3,329,266 | 4.85000% | 0.0123% | |
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | 2017 | 41,893 | SF | 95.48 | Fee Simple | 4,000,000 | 4,000,000 | 4,000,000 | 0.3% | 3,488,526 | 5.32000% | 0.0123% |
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | NAP | 13,943 | SF | 242.06 | Fee Simple | 3,375,000 | 3,375,000 | 3,375,000 | 0.3% | 2,994,861 | 5.11000% | 0.0123% | |
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | NAP | 14,550 | SF | 226.80 | Fee Simple | 3,300,000 | 3,300,000 | 3,300,000 | 0.2% | 2,924,370 | 5.05000% | 0.0123% |
A-2
CD 2017-CD3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | 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 | Interest Accrual Method | Seasoning (Mos.) | Original Interest-Only Period (Mos.) | Remaining Interest-Only Period (Mos.) |
1 | Loan | 8, 9, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | 3.9951% | 338,427.66 | 4,061,131.92 | 626,091.18 | 7,513,094.16 | Interest Only | Actual/360 | 3 | 120 | 117 |
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | 4.8277% | 359,862.96 | 4,318,355.56 | Interest Only | Actual/360 | 1 | 120 | 119 | ||
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | 3.8102% | 242,103.99 | 2,905,247.88 | 581,049.59 | 6,972,595.08 | Interest Only | Actual/360 | 2 | 120 | 118 |
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | 4.0477% | 243,553.01 | 2,922,636.11 | Interest Only | Actual/360 | 1 | 120 | 119 | ||
4.01 | Property | Medical Centre of Santa Monica - West | |||||||||||||
4.02 | Property | Medical Centre of Santa Monica - East | |||||||||||||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | 4.5996% | 359,269.52 | 4,311,234.24 | 1,770,685.48 | 21,248,225.76 | Interest Only, Then Amortizing | Actual/360 | 18 | 48 | 30 |
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | 4.5346% | 350,991.06 | 4,211,892.72 | 576,628.18 | 6,919,538.16 | Interest Only, Then Amortizing | Actual/360 | 1 | 60 | 59 |
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | 4.7147% | 267,759.61 | 3,213,115.28 | 211,809.84 | 2,541,718.06 | Interest Only | Actual/360 | 1 | 120 | 119 |
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | 4.1904% | 212,891.32 | 2,554,695.84 | 2,258,776.90 | 27,105,322.80 | Interest Only | Actual/360 | 3 | 120 | 117 |
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | 4.6240% | 215,620.37 | 2,587,444.44 | 98,009.26 | 1,176,111.12 | Interest Only ARD | Actual/360 | 0 | 120 | 120 |
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | 4.2377% | 201,695.36 | 2,420,344.32 | Amortizing | Actual/360 | 3 | 0 | 0 | ||
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | 4.9077% | 212,777.21 | 2,553,326.53 | Interest Only, Then Amortizing | Actual/360 | 2 | 60 | 58 | ||
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | 4.8727% | 212,047.63 | 2,544,571.56 | 169,638.10 | 2,035,657.20 | Interest Only, Then Amortizing | Actual/360 | 2 | 36 | 34 |
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | 5.1477% | 177,112.17 | 2,125,346.04 | Amortizing | Actual/360 | 2 | 0 | 0 | ||
13.01 | Property | Courtyard Evansville East | |||||||||||||
13.02 | Property | Hilton Garden Inn Evansville | |||||||||||||
13.03 | Property | Residence Inn Columbus | |||||||||||||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | 5.0777% | 173,547.35 | 2,082,568.21 | Amortizing | Actual/360 | 1 | 0 | 0 | ||
14.01 | Property | Cherry Creek Place II | |||||||||||||
14.02 | Property | Cherry Creek Place I | |||||||||||||
15 | Loan | GACC | DBNY | 16 E 40th Street | 4.4877% | 119,765.63 | 1,437,187.56 | Interest Only | Actual/360 | 1 | 120 | 119 | |||
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | 4.9777% | 159,274.98 | 1,911,299.71 | Interest Only, Then Amortizing | Actual/360 | 1 | 60 | 59 | |||
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | 4.1161% | 99,365.55 | 1,192,386.56 | 650,234.19 | 7,802,810.31 | Interest Only | Actual/360 | 3 | 120 | 117 |
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | 4.7977% | 115,824.13 | 1,389,889.58 | Interest Only | Actual/360 | 1 | 120 | 119 | ||
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | 4.4177% | 138,197.01 | 1,658,364.12 | Amortizing | Actual/360 | 3 | 0 | 0 | ||
19.01 | Property | Residence Inn - Chattanooga | |||||||||||||
19.02 | Property | TownePlace Suites - Chattanooga | |||||||||||||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | |||||||||||||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | 5.2577% | 145,441.62 | 1,745,299.39 | Amortizing | Actual/360 | 1 | 0 | 0 | |||
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | 4.0396% | 85,546.88 | 1,026,562.50 | 598,828.13 | 7,185,937.50 | Interest Only | Actual/360 | 3 | 120 | 117 |
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | 4.8577% | 117,522.64 | 1,410,271.68 | Interest Only, Then Amortizing | Actual/360 | 2 | 24 | 22 | ||
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | 5.0077% | 112,989.37 | 1,355,872.40 | Interest Only, Then Amortizing | Actual/360 | 1 | 60 | 59 | ||
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | 3.8877% | 53,546.01 | 642,552.12 | Interest Only | Actual/360 | 3 | 60 | 57 | ||
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | 4.4397% | 60,184.44 | 722,213.28 | Interest Only | Actual/360 | 2 | 120 | 118 | ||
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | 5.1977% | 82,459.32 | 989,511.84 | Interest Only, Then Amortizing | Actual/360 | 4 | 12 | 8 | ||
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | Marriott Hilton Head Resort & Spa | 4.9096% | 86,990.78 | 1,043,889.34 | 481,348.97 | 5,776,187.66 | Amortizing | Actual/360 | 4 | 0 | 0 |
28 | Loan | CGMRC | CGMRC | West Point Office | 4.8277% | 69,838.88 | 838,066.51 | Amortizing | Actual/360 | 2 | 0 | 0 | |||
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | 5.1577% | 71,545.11 | 858,541.32 | Amortizing | Actual/360 | 1 | 0 | 0 | ||
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | 4.6520% | 65,973.14 | 791,677.67 | 51,743.64 | 620,923.66 | Interest Only, Then Amortizing | Actual/360 | 1 | 36 | 35 |
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | 5.4477% | 64,228.61 | 770,743.28 | Amortizing | Actual/360 | 1 | 0 | 0 | ||
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | 4.4777% | 58,302.83 | 699,633.96 | Amortizing | Actual/360 | 3 | 0 | 0 | ||
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | 4.6977% | 46,991.13 | 563,893.56 | Interest Only, Then Amortizing | Actual/360 | 2 | 60 | 58 | ||
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | 5.2377% | 53,932.29 | 647,187.53 | Amortizing | Actual/360 | 1 | 0 | 0 | ||
35 | Loan | GACC | DBNY | Publix at Shakerag | 4.2877% | 44,167.28 | 530,007.36 | Amortizing | Actual/360 | 3 | 0 | 0 | |||
36 | Loan | CGMRC | CGMRC | Fairway Centre | 5.2177% | 48,484.97 | 581,819.67 | Amortizing | Actual/360 | 1 | 0 | 0 | |||
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | 5.4802% | 49,242.72 | 590,912.59 | Interest Only, Then Amortizing | Actual/360 | 1 | 12 | 11 | |||
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | 4.8502% | 42,293.16 | 507,517.97 | Amortizing | Actual/360 | 2 | 0 | 0 | ||
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | 4.8502% | 36,662.09 | 439,945.14 | Amortizing | Actual/360 | 1 | 0 | 0 | ||
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | 5.2877% | 36,218.18 | 434,618.16 | Interest Only, Then Amortizing | Actual/360 | 2 | 18 | 16 | ||
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | 4.7277% | 25,931.48 | 311,177.71 | Interest Only | Actual/360 | 2 | 120 | 118 | ||
41.01 | Property | 21st Center | |||||||||||||
41.02 | Property | 20th Center | |||||||||||||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | 4.1477% | 39,938.89 | 479,266.68 | Amortizing | Actual/360 | 2 | 0 | 0 | ||
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | 5.0777% | 33,082.46 | 396,989.56 | Amortizing | Actual/360 | 2 | 0 | 0 | ||
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | 4.7377% | 29,994.72 | 359,936.66 | Amortizing | Actual/360 | 1 | 0 | 0 | ||
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | 4.8077% | 21,584.00 | 259,008.00 | Interest Only | Actual/360 | 2 | 120 | 118 | ||
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | 5.3677% | 29,134.72 | 349,616.64 | Amortizing | Actual/360 | 1 | 0 | 0 | ||
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | 4.3767% | 16,687.34 | 200,248.08 | Interest Only | Actual/360 | 3 | 120 | 117 | ||
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | 4.8877% | 23,617.34 | 283,408.07 | Interest Only, Then Amortizing | Actual/360 | 2 | 36 | 34 | ||
49 | Loan | CGMRC | CGMRC | CVS Holbrook | 4.8377% | 21,477.06 | 257,724.69 | Amortizing | Actual/360 | 2 | 0 | 0 | |||
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | 5.3077% | 22,261.89 | 267,142.70 | Interest Only, Then Amortizing | Actual/360 | 1 | 24 | 23 | ||
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | 5.0977% | 18,345.30 | 220,143.58 | Interest Only, Then Amortizing | Actual/360 | 1 | 36 | 35 | |||
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | 5.0377% | 17,816.09 | 213,793.10 | Interest Only, Then Amortizing | Actual/360 | 0 | 36 | 36 |
A-3
CD 2017-CD3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | 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) |
1 | Loan | 8, 9, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | 120 | 117 | 0 | 0 | 10/13/2016 | 6 | 12/6/2016 | 11/6/2026 | 11/6/2026 | No | |
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | 120 | 119 | 0 | 0 | 12/22/2016 | 6 | 2/6/2017 | 1/6/2027 | 1/6/2027 | No | |
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | 120 | 118 | 0 | 0 | 12/1/2016 | 6 | 1/6/2017 | 12/6/2026 | 12/6/2026 | No | |
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | 120 | 119 | 0 | 0 | 12/8/2016 | 1 | 2/1/2017 | 1/1/2027 | 1/1/2027 | No | |
4.01 | Property | Medical Centre of Santa Monica - West | ||||||||||||||
4.02 | Property | Medical Centre of Santa Monica - East | ||||||||||||||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | 120 | 102 | 360 | 360 | 7/30/2015 | 6 | 9/6/2015 | 8/6/2019 | 9/6/2019 | 8/6/2025 | No |
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | 120 | 119 | 360 | 360 | 12/30/2016 | 6 | 2/6/2017 | 1/6/2022 | 2/6/2022 | 1/6/2027 | No |
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | 120 | 119 | 0 | 0 | 1/5/2017 | 6 | 2/6/2017 | 1/6/2027 | 1/6/2027 | No | |
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | 120 | 117 | 0 | 0 | 10/24/2016 | 1 | 12/1/2016 | 11/1/2026 | 11/1/2026 | No | |
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | 120 | 120 | 0 | 0 | 1/11/2017 | 6 | 3/6/2017 | 2/6/2027 | 2/6/2027 | Yes | |
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | 120 | 117 | 360 | 357 | 11/4/2016 | 6 | 12/6/2016 | 12/6/2016 | 11/6/2026 | No | |
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | 120 | 118 | 360 | 360 | 12/1/2016 | 6 | 1/6/2017 | 12/6/2021 | 1/6/2022 | 12/6/2026 | No |
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | 120 | 118 | 360 | 360 | 12/1/2016 | 6 | 1/6/2017 | 12/6/2019 | 1/6/2020 | 12/6/2026 | No |
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | 120 | 118 | 360 | 358 | 11/30/2016 | 6 | 1/6/2017 | 1/6/2017 | 12/6/2026 | No | |
13.01 | Property | Courtyard Evansville East | ||||||||||||||
13.02 | Property | Hilton Garden Inn Evansville | ||||||||||||||
13.03 | Property | Residence Inn Columbus | ||||||||||||||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | 120 | 119 | 360 | 359 | 12/30/2016 | 6 | 2/6/2017 | 2/6/2017 | 1/6/2027 | No | |
14.01 | Property | Cherry Creek Place II | ||||||||||||||
14.02 | Property | Cherry Creek Place I | ||||||||||||||
15 | Loan | GACC | DBNY | 16 E 40th Street | 120 | 119 | 0 | 0 | 12/9/2016 | 6 | 2/6/2017 | 1/6/2027 | 1/6/2027 | No | ||
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | 120 | 119 | 360 | 360 | 12/21/2016 | 6 | 2/6/2017 | 1/6/2022 | 2/6/2022 | 1/6/2027 | No | |
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | 120 | 117 | 0 | 0 | 11/4/2016 | 6 | 12/6/2016 | 11/6/2026 | 11/6/2026 | No | |
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | 120 | 119 | 0 | 0 | 12/8/2016 | 1 | 2/1/2017 | 1/1/2027 | 1/1/2027 | No | |
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | 120 | 117 | 360 | 357 | 11/4/2016 | 6 | 12/6/2016 | 12/6/2016 | 11/6/2026 | No | |
19.01 | Property | Residence Inn - Chattanooga | ||||||||||||||
19.02 | Property | TownePlace Suites - Chattanooga | ||||||||||||||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | ||||||||||||||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | 120 | 119 | 360 | 359 | 12/16/2016 | 6 | 2/6/2017 | 2/6/2017 | 1/6/2027 | No | ||
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | 120 | 117 | 0 | 0 | 10/20/2016 | 6 | 12/6/2016 | 11/6/2026 | 11/6/2026 | No | |
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | 120 | 118 | 360 | 360 | 11/23/2016 | 6 | 1/6/2017 | 12/6/2018 | 1/6/2019 | 12/6/2026 | No |
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | 120 | 119 | 360 | 360 | 12/30/2016 | 6 | 2/6/2017 | 1/6/2022 | 2/6/2022 | 1/6/2027 | No |
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | 60 | 57 | 0 | 0 | 11/2/2016 | 6 | 12/6/2016 | 11/6/2021 | 11/6/2021 | No | |
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | 120 | 118 | 0 | 0 | 11/22/2016 | 6 | 1/6/2017 | 12/6/2026 | 12/6/2026 | No | |
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | 60 | 56 | 360 | 360 | 9/23/2016 | 6 | 11/6/2016 | 10/6/2017 | 11/6/2017 | 10/6/2021 | No |
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | Marriott Hilton Head Resort & Spa | 120 | 116 | 300 | 296 | 10/3/2016 | 6 | 11/6/2016 | 11/6/2016 | 10/6/2026 | No | |
28 | Loan | CGMRC | CGMRC | West Point Office | 120 | 118 | 360 | 358 | 11/23/2016 | 6 | 1/6/2017 | 1/6/2017 | 12/6/2026 | No | ||
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | 120 | 119 | 360 | 359 | 12/27/2016 | 6 | 2/6/2017 | 2/6/2017 | 1/6/2027 | No | |
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | 120 | 119 | 360 | 360 | 12/14/2016 | 6 | 2/6/2017 | 1/6/2020 | 2/6/2020 | 1/6/2027 | No |
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | 120 | 119 | 300 | 299 | 12/21/2016 | 6 | 2/6/2017 | 2/6/2017 | 1/6/2027 | No | |
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | 120 | 117 | 300 | 297 | 10/27/2016 | 6 | 12/6/2016 | 12/6/2016 | 11/6/2026 | No | |
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | 120 | 118 | 360 | 360 | 11/21/2016 | 6 | 1/6/2017 | 12/6/2021 | 1/6/2022 | 12/6/2026 | No |
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | 120 | 119 | 300 | 299 | 12/22/2016 | 6 | 2/6/2017 | 2/6/2017 | 1/6/2027 | No | |
35 | Loan | GACC | DBNY | Publix at Shakerag | 120 | 117 | 360 | 357 | 10/20/2016 | 6 | 12/6/2016 | 12/6/2016 | 11/6/2026 | No | ||
36 | Loan | CGMRC | CGMRC | Fairway Centre | 120 | 119 | 360 | 359 | 12/23/2016 | 6 | 2/6/2017 | 2/6/2017 | 1/6/2027 | No | ||
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | 120 | 119 | 360 | 360 | 12/29/2016 | 6 | 2/6/2017 | 1/6/2018 | 2/6/2018 | 1/6/2027 | No | |
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | 120 | 118 | 300 | 298 | 12/1/2016 | 6 | 1/6/2017 | 1/6/2017 | 12/6/2026 | No | |
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | 120 | 119 | 360 | 359 | 12/7/2016 | 6 | 2/6/2017 | 2/6/2017 | 1/6/2027 | No | |
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | 60 | 58 | 360 | 360 | 11/22/2016 | 6 | 1/6/2017 | 6/6/2018 | 7/6/2018 | 12/6/2021 | No |
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | 120 | 118 | 0 | 0 | 11/30/2016 | 6 | 1/6/2017 | 12/6/2026 | 12/6/2026 | No | |
41.01 | Property | 21st Center | ||||||||||||||
41.02 | Property | 20th Center | ||||||||||||||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | 120 | 118 | 240 | 238 | 11/7/2016 | 6 | 1/6/2017 | 1/6/2017 | 12/6/2026 | No | |
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | 120 | 118 | 360 | 358 | 11/30/2016 | 6 | 1/6/2017 | 1/6/2017 | 12/6/2026 | No | |
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | 120 | 119 | 360 | 359 | 12/29/2016 | 6 | 2/6/2017 | 2/6/2017 | 1/6/2027 | No | |
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | 120 | 118 | 0 | 0 | 11/9/2016 | 1 | 1/1/2017 | 12/1/2026 | 12/1/2026 | No | |
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | 120 | 119 | 360 | 359 | 12/9/2016 | 6 | 2/6/2017 | 2/6/2017 | 1/6/2027 | No | |
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | 120 | 117 | 0 | 0 | 10/26/2016 | 6 | 12/6/2016 | 11/6/2026 | 11/6/2026 | No | |
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | 120 | 118 | 360 | 360 | 11/22/2016 | 6 | 1/6/2017 | 12/6/2019 | 1/6/2020 | 12/6/2026 | No |
49 | Loan | CGMRC | CGMRC | CVS Holbrook | 120 | 118 | 360 | 358 | 11/18/2016 | 6 | 1/6/2017 | 1/6/2017 | 12/6/2026 | No | ||
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | 120 | 119 | 360 | 360 | 12/22/2016 | 6 | 2/6/2017 | 1/6/2019 | 2/6/2019 | 1/6/2027 | No |
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | 120 | 119 | 360 | 360 | 12/28/2016 | 6 | 2/6/2017 | 1/6/2020 | 2/6/2020 | 1/6/2027 | No | |
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | 120 | 120 | 360 | 360 | 1/10/2017 | 6 | 3/6/2017 | 2/6/2020 | 3/6/2020 | 2/6/2027 | No |
A-4
CD 2017-CD3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Final Maturity Date | Grace Period- Late Fee | Grace Period- Default | Prepayment Provision (3) | 2013 EGI ($) | 2013 Expenses ($) | 2013 NOI ($) | 2014 EGI ($) | 2014 Expenses ($) | 2014 NOI ($) | 2015 EGI ($) |
1 | Loan | 8, 9, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | 0 | 0 | Lockout/27_Defeasance/86_0%/7 | 16,672,907 | 7,051,784 | 9,621,123 | 17,393,374 | 5,444,159 | 11,949,215 | N/A | |
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 7,979,242 | 3,390,080 | 4,589,162 | 7,256,188 | 3,607,919 | 3,648,269 | 9,418,439 | |
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | 0 | 0 | Lockout/26_Defeasance/89_0%/5 | 32,200,846 | 11,377,464 | 20,823,382 | 31,767,665 | 11,849,927 | 19,917,738 | 34,361,002 | |
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | 0 | 5 | Lockout/25_YM1%/88_0%/7 | 11,107,228 | 3,387,945 | 7,719,283 | 11,729,867 | 3,566,114 | 8,163,752 | 11,994,048 | |
4.01 | Property | Medical Centre of Santa Monica - West | 7,337,705 | 2,292,099 | 5,045,605 | 7,879,127 | 2,407,645 | 5,471,482 | 8,019,042 | |||||||
4.02 | Property | Medical Centre of Santa Monica - East | 3,769,523 | 1,095,846 | 2,673,677 | 3,850,740 | 1,158,469 | 2,692,271 | 3,975,005 | |||||||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | 0 | 0 | Lockout/35_Defeasance/79_0%/6 | 52,525,460 | 30,482,948 | 22,042,511 | 50,276,294 | 28,845,540 | 21,430,754 | 53,321,676 | |
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | 0 | 0 | Lockout/25_Defeasance/88_0%/7 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 15,897,602 | 7,311,771 | 8,585,831 | 16,165,456 | 8,044,808 | 8,120,648 | 17,507,058 | |
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | 0 | 0 | Lockout/27_Defeasance or YM1%/86_0%/7 | 324,974,888 | 201,011,057 | 123,963,830 | 346,089,627 | 212,385,223 | 133,704,404 | 366,791,222 | |
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | 11/6/2031 | 0 | 0 | Lockout/24_YM1%/92_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | 0 | 5 | Lockout/27_Defeasance/89_0%/4 | 8,039,196 | 3,920,754 | 4,118,442 | 9,112,021 | 4,286,550 | 4,825,471 | 9,591,302 | |
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | 0 | 0 | Lockout/26_Defeasance/90_0%/4 | 3,896,041 | 829,655 | 3,066,386 | 4,070,620 | 725,250 | 3,345,370 | 4,273,606 | |
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | 0 | 0 | Lockout/26_Defeasance/90_0%/4 | 10,578,455 | 4,705,840 | 5,872,615 | 10,832,394 | 4,954,024 | 5,878,370 | 11,703,109 | |
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | 0 | 0 | Lockout/26_Defeasance/90_0%/4 | 8,483,000 | 5,739,000 | 2,744,000 | 10,357,829 | 6,907,966 | 3,449,863 | 11,623,986 | |
13.01 | Property | Courtyard Evansville East | 2,200,000 | 1,411,000 | 789,000 | 3,974,518 | 2,588,165 | 1,386,353 | 4,444,818 | |||||||
13.02 | Property | Hilton Garden Inn Evansville | 4,094,000 | 2,790,000 | 1,304,000 | 4,062,311 | 2,733,801 | 1,328,510 | 4,556,548 | |||||||
13.03 | Property | Residence Inn Columbus | 2,189,000 | 1,538,000 | 651,000 | 2,321,000 | 1,586,000 | 735,000 | 2,622,620 | |||||||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | N/A | N/A | N/A | 2,140,433 | 1,560,211 | 580,222 | 5,619,862 | |
14.01 | Property | Cherry Creek Place II | N/A | N/A | N/A | 662,795 | 413,155 | 249,640 | 2,900,300 | |||||||
14.02 | Property | Cherry Creek Place I | N/A | N/A | N/A | 1,477,638 | 1,147,056 | 330,582 | 2,719,562 | |||||||
15 | Loan | GACC | DBNY | 16 E 40th Street | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 3,501,230 | 1,435,715 | 2,065,515 | 3,537,409 | 1,493,163 | 2,044,246 | 3,736,504 | ||
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | 0 | 0 | Lockout/25_YM1%/90_0%/5 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | 3 | 0 | Lockout/27_Defeasance/89_0%/4 | 16,405,777 | 2,677,722 | 13,728,055 | 16,950,567 | 2,815,068 | 14,135,499 | 17,291,494 | |
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | 0 | 5 | Lockout/25_Defeasance/89_0%/6 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | 0 | 0 | Lockout/27_Defeasance/89_0%/4 | 6,928,692 | 4,486,942 | 2,441,750 | 7,826,832 | 4,790,058 | 3,036,774 | 8,753,033 | |
19.01 | Property | Residence Inn - Chattanooga | 3,571,517 | 2,069,580 | 1,501,937 | 3,679,706 | 2,082,421 | 1,597,285 | 4,219,523 | |||||||
19.02 | Property | TownePlace Suites - Chattanooga | 1,526,955 | 988,696 | 538,259 | 1,821,639 | 1,168,037 | 653,602 | 2,138,131 | |||||||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | 1,830,220 | 1,428,666 | 401,554 | 2,325,487 | 1,539,600 | 785,887 | 2,395,379 | |||||||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 3,649,731 | 1,726,186 | 1,923,545 | 3,901,153 | 1,910,708 | 1,990,445 | 4,231,230 | ||
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | 0 | 0 | Lockout/27_Defeasance/89_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | 0 | 0 | Lockout/26_Defeasance/89_0%/5 | N/A | N/A | N/A | 3,792,153 | 1,451,539 | 2,340,614 | 3,347,736 | |
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | 0 | 0 | Lockout/25_Defeasance/92_0%/3 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | 5 | 0 | Lockout/27_Defeasance/28_0%/5 | N/A | N/A | N/A | 2,403,922 | 811,025 | 1,592,897 | 2,796,784 | |
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | 0 | 0 | Lockout/26_Defeasance/90_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | 0 | 0 | Lockout/28_Defeasance/28_0%/4 | 1,439,869 | 1,041,048 | 398,821 | 1,439,769 | 822,388 | 617,381 | 1,890,863 | |
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | Marriott Hilton Head Resort & Spa | 0 | 0 | Lockout/28_Defeasance/88_0%/4 | 29,563,995 | 19,278,993 | 10,285,002 | 29,483,856 | 19,804,710 | 9,679,146 | 31,403,350 | |
28 | Loan | CGMRC | CGMRC | West Point Office | 0 | 0 | Lockout/26_Defeasance/90_0%/4 | N/A | N/A | N/A | 1,421,537 | 920,473 | 501,064 | 2,026,408 | ||
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | 0 | 0 | Lockout/24_YM5%/91_0%/5 | N/A | N/A | N/A | N/A | N/A | N/A | 1,446,717 | |
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | 0 | 0 | Lockout/25_Defeasance/89_0%/6 | N/A | N/A | N/A | 2,937,182 | 840,049 | 2,097,133 | 3,451,922 | |
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | 0 | 0 | Lockout/25_Defeasance/92_0%/3 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | 0 | 0 | Lockout/27_Defeasance/89_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | 5,551,406 | |
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | 0 | 0 | Lockout/26_Defeasance/89_0%/5 | 1,067,375 | 228,684 | 838,690 | 1,306,694 | 273,940 | 1,032,754 | 1,231,517 | |
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | 0 | 0 | Lockout/25_Defeasance/88_0%/7 | N/A | N/A | N/A | 1,476,898 | 418,169 | 1,058,729 | 1,598,922 | |
35 | Loan | GACC | DBNY | Publix at Shakerag | 0 | 0 | Lockout/27_Defeasance/89_0%/4 | 911,204 | 253,729 | 657,475 | 909,108 | 242,591 | 666,517 | 931,568 | ||
36 | Loan | CGMRC | CGMRC | Fairway Centre | 0 | 0 | Lockout/25_Defeasance/92_0%/3 | N/A | N/A | N/A | N/A | N/A | N/A | 534,839 | ||
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | 0 | 0 | Lockout/25_YM1%/92_0%/3 | 2,631,987 | 1,665,774 | 966,213 | 2,541,548 | 1,652,902 | 888,646 | 2,623,962 | ||
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | 0 | 0 | Lockout/26_Defeasance/88_0%/6 | 2,072,394 | 1,589,562 | 482,832 | 2,278,947 | 1,736,248 | 542,699 | 2,668,719 | |
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | 513,394 | |
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | 0 | 0 | Lockout/26_Defeasance/30_0%/4 | N/A | N/A | N/A | 1,993,823 | 983,444 | 1,010,379 | 2,095,653 | |
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | 0 | 0 | Lockout/26_Defeasance/91_0%/3 | 836,003 | 215,399 | 620,604 | 877,235 | 196,517 | 680,718 | 890,387 | |
41.01 | Property | 21st Center | 525,777 | 130,995 | 394,782 | 560,390 | 116,638 | 443,751 | 567,870 | |||||||
41.02 | Property | 20th Center | 310,226 | 84,404 | 225,822 | 316,846 | 79,879 | 236,967 | 322,517 | |||||||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | 0 | 0 | Lockout/26_Defeasance/90_0%/4 | N/A | N/A | N/A | 1,043,911 | 138,702 | 905,209 | 1,063,046 | |
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | 0 | 0 | Lockout/26_Defeasance/91_0%/3 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | 0 | 0 | Lockout/25_Defeasance/92_0%/3 | 671,703 | 275,955 | 395,748 | 734,626 | 245,543 | 489,083 | 821,532 | |
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | 0 | 0 | Lockout/26_Defeasance/89_0%/5 | N/A | N/A | N/A | 467,139 | 54,961 | 412,179 | 450,644 | |
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 1,760,633 | 1,541,764 | 218,869 | 2,057,569 | 1,658,013 | 399,556 | 2,414,691 | |
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | 0 | 0 | Lockout/27_Defeasance/89_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | 0 | 0 | Lockout/26_Defeasance/90_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | 514,717 | |
49 | Loan | CGMRC | CGMRC | CVS Holbrook | 0 | 0 | Lockout/26_Defeasance/90_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 406,554 | 202,422 | 204,132 | 424,920 | 185,077 | 239,843 | 497,713 | |
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | 325,000 |
A-5
CD 2017-CD3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | 2015 Expenses ($) | 2015 NOI ($) | Most Recent EGI (if past 2015) ($) | Most Recent Expenses (if past 2015) ($) | Most Recent NOI (if past 2015) ($) | Most Recent NOI Date (if past 2015) | Most Recent # of months | Most Recent Description | Underwritten EGI ($) | Underwritten Expenses ($) |
1 | Loan | 8, 9, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | N/A | N/A | 17,645,886 | 3,870,185 | 13,775,701 | 8/31/2016 | 10 | Annualized 10 Months | 25,397,158 | 3,895,157 |
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | 3,890,198 | 5,528,241 | 9,693,011 | 3,667,369 | 6,025,642 | 10/31/2016 | 12 | Trailing 12 | 10,877,776 | 4,025,359 |
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | 13,794,015 | 20,566,988 | 40,777,227 | 14,188,253 | 26,588,974 | 6/30/2016 | 12 | Trailing 12 | 52,692,850 | 15,744,664 |
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | 3,696,632 | 8,297,416 | 12,145,869 | 3,548,374 | 8,597,495 | 8/31/2016 | 12 | Trailing 12 | 13,126,280 | 3,706,743 |
4.01 | Property | Medical Centre of Santa Monica - West | 2,456,439 | 5,562,603 | 8,070,406 | 2,377,858 | 5,692,548 | 8/31/2016 | 12 | Trailing 12 | 8,926,261 | 2,512,869 | |||
4.02 | Property | Medical Centre of Santa Monica - East | 1,240,193 | 2,734,812 | 4,075,463 | 1,170,516 | 2,904,947 | 8/31/2016 | 12 | Trailing 12 | 4,200,019 | 1,193,875 | |||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | 32,167,828 | 21,153,848 | 58,858,563 | 32,295,671 | 26,562,892 | 11/30/2016 | 12 | Trailing 12 | 70,131,390 | 32,570,196 |
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | N/A | N/A | N/A | N/A | N/A | NAV | NAV | Not Available | 17,818,954 | 2,382,878 |
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | 8,444,503 | 9,062,555 | 17,760,890 | 8,465,710 | 9,295,180 | 9/30/2016 | 12 | Trailing 12 | 18,801,753 | 9,038,441 |
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | 223,381,851 | 143,409,371 | 376,987,438 | 230,014,820 | 146,972,618 | 9/30/2016 | 12 | Trailing 12 | 374,437,742 | 226,873,258 |
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | N/A | N/A | N/A | N/A | N/A | NAV | NAV | Not Available | 9,320,149 | 186,403 |
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | 4,454,167 | 5,137,135 | 10,463,368 | 4,594,505 | 5,868,863 | 8/31/2016 | 12 | Trailing 12 | 10,471,341 | 4,800,187 |
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | 697,303 | 3,576,303 | 4,139,133 | 661,711 | 3,477,422 | 9/30/2016 | 12 | Trailing 12 | 4,315,751 | 727,249 |
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | 5,013,588 | 6,689,521 | 12,051,768 | 4,793,337 | 7,258,431 | 9/30/2016 | 12 | Trailing 12 | 11,802,741 | 4,819,635 |
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | 7,284,059 | 4,339,927 | 12,099,695 | 7,682,388 | 4,417,307 | 7/31/2016 | 12 | Trailing 12 | 11,194,232 | 6,998,424 |
13.01 | Property | Courtyard Evansville East | 2,691,986 | 1,752,832 | 4,647,034 | 2,755,259 | 1,891,775 | 7/31/2016 | 12 | Trailing 12 | 4,452,086 | 2,654,029 | |||
13.02 | Property | Hilton Garden Inn Evansville | 2,883,213 | 1,673,335 | 4,626,460 | 3,102,980 | 1,523,480 | 7/31/2016 | 12 | Trailing 12 | 4,258,339 | 2,689,853 | |||
13.03 | Property | Residence Inn Columbus | 1,708,860 | 913,760 | 2,826,201 | 1,824,149 | 1,002,052 | 7/31/2016 | 12 | Trailing 12 | 2,483,807 | 1,654,542 | |||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | 3,168,589 | 2,451,273 | 5,925,153 | 3,097,649 | 2,827,504 | 9/30/2016 | 12 | Trailing 12 | 6,509,996 | 3,213,966 |
14.01 | Property | Cherry Creek Place II | 1,614,387 | 1,285,913 | 3,087,504 | 1,599,057 | 1,488,446 | 9/30/2016 | 12 | Trailing 12 | 3,358,385 | 1,657,943 | |||
14.02 | Property | Cherry Creek Place I | 1,554,202 | 1,165,359 | 2,837,649 | 1,498,591 | 1,339,058 | 9/30/2016 | 12 | Trailing 12 | 3,151,610 | 1,556,023 | |||
15 | Loan | GACC | DBNY | 16 E 40th Street | 1,740,445 | 1,996,059 | 3,836,495 | 1,547,453 | 2,289,042 | 10/31/2016 | 12 | Trailing 12 | 4,479,806 | 1,747,964 | |
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | N/A | N/A | N/A | N/A | N/A | NAV | NAV | Not Available | 5,002,037 | 1,977,084 | |
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | 2,987,448 | 14,304,046 | 17,616,251 | 3,166,722 | 14,449,529 | 6/30/2016 | 12 | Trailing 12 | 20,376,202 | 4,785,552 |
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | N/A | N/A | N/A | N/A | N/A | NAV | NAV | Not Available | 2,914,496 | 758,739 |
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | 4,988,385 | 3,764,648 | 9,141,559 | 5,011,932 | 4,129,627 | 8/31/2016 | 12 | Trailing 12 | 8,862,612 | 4,929,206 |
19.01 | Property | Residence Inn - Chattanooga | 2,221,621 | 1,997,902 | 4,326,662 | 2,270,322 | 2,056,340 | 8/31/2016 | 12 | Trailing 12 | 4,228,873 | 2,242,341 | |||
19.02 | Property | TownePlace Suites - Chattanooga | 1,206,499 | 931,632 | 2,293,845 | 1,201,398 | 1,092,447 | 8/31/2016 | 12 | Trailing 12 | 2,203,427 | 1,169,107 | |||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | 1,560,266 | 835,113 | 2,521,051 | 1,540,211 | 980,840 | 8/31/2016 | 12 | Trailing 12 | 2,430,311 | 1,517,758 | |||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | 1,937,054 | 2,294,176 | 4,518,109 | 2,014,664 | 2,503,445 | 10/31/2016 | 12 | Trailing 12 | 4,925,034 | 2,087,202 | |
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | N/A | N/A | N/A | N/A | N/A | NAV | NAV | Not Available | 19,908,904 | 5,095,054 |
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | 1,468,622 | 1,879,114 | 3,546,928 | 1,435,047 | 2,111,881 | 8/31/2016 | 12 | Trailing 12 | 3,842,968 | 1,489,012 |
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | N/A | N/A | N/A | N/A | N/A | NAV | NAV | Not Available | 2,312,694 | 465,505 |
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | 840,438 | 1,956,346 | 2,919,232 | 832,665 | 2,086,567 | 9/30/2016 | 12 | Trailing 12 | 2,948,505 | 949,060 |
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | N/A | N/A | N/A | N/A | N/A | NAV | NAV | Not Available | 1,540,070 | 270,257 |
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | 834,740 | 1,056,123 | 2,363,770 | 926,543 | 1,437,227 | 10/31/2016 | 12 | Trailing 12 | 2,348,796 | 949,042 |
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | Marriott Hilton Head Resort & Spa | 21,015,622 | 10,387,728 | 33,429,812 | 21,637,223 | 11,792,589 | 8/31/2016 | 12 | Trailing 12 | 33,338,474 | 21,646,100 |
28 | Loan | CGMRC | CGMRC | West Point Office | 1,012,472 | 1,013,936 | 2,238,512 | 1,103,994 | 1,134,518 | 9/30/2016 | 9 | Annualized 9 Months | 2,583,251 | 1,120,179 | |
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | 624,436 | 822,281 | 1,769,937 | 720,736 | 1,049,201 | 11/30/2016 | 12 | Trailing 12 | 1,769,933 | 641,393 |
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | 916,297 | 2,535,625 | 3,490,511 | 930,590 | 2,559,921 | 9/30/2016 | 12 | Trailing 12 | 3,473,815 | 1,046,728 |
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | N/A | N/A | 3,944,343 | 2,215,952 | 1,728,391 | 11/30/2016 | 12 | Trailing 12 | 3,930,765 | 2,513,100 |
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | 3,633,148 | 1,918,258 | 5,185,677 | 3,431,984 | 1,753,693 | 8/31/2016 | 12 | Trailing 12 | 5,185,677 | 3,620,274 |
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | 275,909 | 955,608 | 1,282,885 | 277,511 | 1,005,374 | 8/31/2016 | 12 | Trailing 12 | 1,327,557 | 319,314 |
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | 467,855 | 1,131,067 | 1,628,432 | 495,820 | 1,132,612 | 10/31/2016 | 12 | Trailing 12 | 1,296,893 | 475,986 |
35 | Loan | GACC | DBNY | Publix at Shakerag | 271,136 | 660,432 | 997,530 | 293,945 | 703,585 | 8/31/2016 | 12 | Trailing 12 | 1,038,516 | 250,868 | |
36 | Loan | CGMRC | CGMRC | Fairway Centre | 471,296 | 63,543 | 976,186 | 497,867 | 478,319 | 11/30/2016 | 12 | Trailing 12 | 1,550,654 | 649,814 | |
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | 1,735,052 | 888,910 | 2,639,726 | 1,763,586 | 876,140 | 10/31/2016 | 12 | Trailing 12 | 2,639,726 | 1,829,021 | |
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | 1,763,427 | 905,292 | 2,941,017 | 1,768,323 | 1,172,694 | 10/31/2016 | 12 | Trailing 12 | 2,932,982 | 1,813,860 |
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | 167,726 | 345,668 | 758,665 | 194,848 | 563,817 | 10/31/2016 | 12 | Trailing 12 | 969,757 | 316,678 |
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | 1,090,222 | 1,005,431 | 2,108,364 | 1,176,773 | 931,591 | 9/30/2016 | 12 | Trailing 12 | 2,108,365 | 1,274,835 |
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | 200,851 | 689,535 | 937,079 | 224,481 | 712,599 | 9/30/2016 | 12 | Trailing 12 | 971,810 | 224,268 |
41.01 | Property | 21st Center | 120,648 | 447,222 | 601,065 | 130,657 | 470,407 | 9/30/2016 | 12 | Trailing 12 | 634,314 | 136,139 | |||
41.02 | Property | 20th Center | 80,203 | 242,314 | 336,014 | 93,823 | 242,191 | 9/30/2016 | 12 | Trailing 12 | 337,496 | 88,129 | |||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | 109,708 | 953,338 | 1,080,761 | 195,631 | 885,130 | 9/30/2016 | 12 | Trailing 12 | 1,185,713 | 307,607 |
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | N/A | N/A | 592,730 | 108,675 | 484,055 | 9/30/2016 | 12 | Trailing 12 | 761,461 | 203,757 |
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | 257,878 | 563,654 | 896,083 | 267,854 | 628,229 | 10/31/2016 | 12 | Trailing 12 | 896,083 | 278,307 |
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | 51,752 | 398,891 | 490,018 | 6,273 | 483,744 | 9/1/2016 | 9 | Annualized 9 Months | 524,919 | 0 |
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | 1,618,803 | 795,888 | 2,576,375 | 1,748,317 | 828,058 | 9/30/2016 | 12 | Trailing 12 | 2,576,375 | 1,744,806 |
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | N/A | N/A | N/A | N/A | N/A | NAV | NAV | Not Available | 382,836 | 7,657 |
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | 85,482 | 429,235 | 544,198 | 129,895 | 414,303 | 10/31/2016 | 12 | Trailing 12 | 575,590 | 159,308 |
49 | Loan | CGMRC | CGMRC | CVS Holbrook | N/A | N/A | N/A | N/A | N/A | NAV | NAV | Not Available | 494,987 | 107,365 | |
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | 206,485 | 291,228 | 532,533 | 196,030 | 336,503 | 11/30/2016 | 12 | Trailing 12 | 532,533 | 199,643 |
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | N/A | N/A | N/A | N/A | N/A | NAV | NAV | Not Available | 322,163 | 9,665 | |
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | N/A | 325,000 | 325,000 | N/A | 325,000 | 12/31/2016 | 12 | Trailing 12 | 318,094 | 9,543 |
A-6
CD 2017-CD3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Underwritten Net Operating Income ($) | Debt Yield on Underwritten Net Operating Income (%) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NCF DSCR (x) (4) | Debt Yield on Underwritten Net Cash Flow (%) | Appraised Value ($) | Appraisal Date | Cut-off Date LTV Ratio (%) |
1 | Loan | 8, 9, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | 21,502,001 | 7.5% | 74,537 | 1,219,809 | 20,207,655 | 1.75 | 7.1% | 470,000,000 | 10/1/2016 | 60.6% |
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | 6,852,417 | 7.8% | 42,690 | 345,996 | 6,463,731 | 1.50 | 7.3% | 160,000,000 | 12/1/2016 | 55.0% |
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | 36,948,186 | 14.5% | 126,517 | 632,584 | 36,189,085 | 3.66 | 14.2% | 835,000,000 | 11/4/2016 | 30.5% |
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | 9,419,537 | 13.3% | 20,441 | 505,814 | 8,893,281 | 3.04 | 12.5% | 150,000,000 | 10/5/2016 | 47.3% |
4.01 | Property | Medical Centre of Santa Monica - West | 6,413,392 | 14,097 | 345,676 | 6,053,619 | 102,104,370 | 10/5/2016 | |||||||
4.02 | Property | Medical Centre of Santa Monica - East | 3,006,144 | 6,345 | 160,137 | 2,839,662 | 47,895,630 | 10/5/2016 | |||||||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | 37,561,194 | 9.1% | 572,052 | 3,086,514 | 33,902,628 | 1.33 | 8.2% | 700,000,000 | 7/20/2016 | 59.3% |
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | 15,436,076 | 8.3% | 62,870 | 0 | 15,373,206 | 1.38 | 8.3% | 311,100,000 | 3/1/2018 | 59.5% |
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | 9,763,312 | 8.1% | 86,800 | 710,011 | 8,966,501 | 1.56 | 7.5% | 219,000,000 | 10/26/2016 | 54.8% |
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | 147,564,484 | 21.2% | 14,977,510 | 0 | 132,586,975 | 4.47 | 19.0% | 2,230,000,000 | 8/30/2016 | 31.2% |
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | 9,133,746 | 11.4% | 29,093 | 0 | 9,104,653 | 2.42 | 11.4% | 128,000,000 | 10/20/2016 | 62.5% |
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | 5,671,154 | 13.9% | 418,854 | 0 | 5,252,300 | 2.17 | 12.9% | 64,900,000 | 10/18/2016 | 62.9% |
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | 3,588,503 | 9.0% | 51,547 | 119,661 | 3,417,294 | 1.34 | 8.5% | 60,000,000 | 10/24/2016 | 66.7% |
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | 6,983,106 | 9.7% | 97,451 | 605,652 | 6,280,003 | 1.37 | 8.7% | 99,000,000 | 10/5/2016 | 72.7% |
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | 4,195,808 | 13.0% | 447,769 | 0 | 3,748,039 | 1.76 | 11.6% | 48,000,000 | 9/1/2017 | 67.4% |
13.01 | Property | Courtyard Evansville East | 1,798,057 | 178,083 | 0 | 1,619,974 | 19,500,000 | 9/1/2017 | |||||||
13.02 | Property | Hilton Garden Inn Evansville | 1,568,486 | 170,334 | 0 | 1,398,152 | 18,000,000 | 9/1/2017 | |||||||
13.03 | Property | Residence Inn Columbus | 829,265 | 99,352 | 0 | 729,913 | 10,500,000 | 9/1/2017 | |||||||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | 3,296,030 | 10.3% | 79,993 | 339,972 | 2,876,065 | 1.38 | 9.0% | 51,600,000 | 10/13/2016 | 62.0% |
14.01 | Property | Cherry Creek Place II | 1,700,442 | 40,689 | 172,927 | 1,486,827 | 26,675,434 | 10/13/2016 | |||||||
14.02 | Property | Cherry Creek Place I | 1,595,588 | 39,305 | 167,045 | 1,389,238 | 24,924,566 | 10/13/2016 | |||||||
15 | Loan | GACC | DBNY | 16 E 40th Street | 2,731,842 | 8.7% | 19,236 | 96,182 | 2,616,423 | 1.82 | 8.3% | 61,000,000 | 10/19/2016 | 51.6% | |
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | 3,024,953 | 10.2% | 5,833 | 147,413 | 2,871,708 | 1.50 | 9.7% | 46,600,000 | 10/28/2016 | 63.7% | |
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | 15,590,650 | 7.3% | 15,389 | 553,128 | 15,022,133 | 1.67 | 7.0% | 440,000,000 | 10/1/2016 | 48.9% |
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | 2,155,757 | 7.6% | 2,383 | 81,128 | 2,072,246 | 1.49 | 7.3% | 46,000,000 | 9/21/2016 | 62.0% |
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | 3,933,405 | 14.4% | 354,504 | 0 | 3,578,900 | 2.16 | 13.1% | 38,000,000 | 10/1/2016 | 72.1% |
19.01 | Property | Residence Inn - Chattanooga | 1,986,532 | 169,155 | 0 | 1,817,377 | 19,500,000 | 10/1/2016 | |||||||
19.02 | Property | TownePlace Suites - Chattanooga | 1,034,320 | 88,137 | 0 | 946,183 | 10,000,000 | 10/1/2016 | |||||||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | 912,553 | 97,212 | 0 | 815,340 | 8,500,000 | 10/1/2016 | |||||||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | 2,837,832 | 10.8% | 65,736 | 260,795 | 2,511,301 | 1.44 | 9.6% | 35,200,000 | 10/13/2016 | 74.5% | |
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | 14,813,850 | 7.4% | 42,868 | 694,723 | 14,076,259 | 1.71 | 7.0% | 360,000,000 | 10/1/2016 | 55.6% |
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | 2,353,956 | 10.6% | 68,275 | 87,127 | 2,198,554 | 1.56 | 9.9% | 31,200,000 | 12/31/2016 | 71.2% |
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | 1,847,189 | 8.8% | 20,842 | 83,655 | 1,742,692 | 1.29 | 8.3% | 30,000,000 | 12/13/2016 | 70.0% |
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | 1,999,445 | 12.3% | 29,989 | 134,949 | 1,834,507 | 2.86 | 11.3% | 25,000,000 | 10/10/2016 | 65.0% |
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | 1,269,814 | 7.9% | 1,056 | 0 | 1,268,757 | 1.76 | 7.9% | 30,000,000 | 9/19/2016 | 53.3% |
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | 1,399,753 | 9.3% | 119,634 | 0 | 1,280,119 | 1.29 | 7.9% | 20,250,000 | 5/24/2016 | 74.1% |
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | Marriott Hilton Head Resort & Spa | 11,692,374 | 12.0% | 1,666,924 | 0 | 10,025,450 | 1.47 | 10.3% | 163,500,000 | 8/30/2016 | 59.6% |
28 | Loan | CGMRC | CGMRC | West Point Office | 1,463,073 | 11.1% | 34,892 | 148,291 | 1,279,890 | 1.53 | 9.7% | 20,400,000 | 10/13/2016 | 64.8% | |
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | 1,128,540 | 8.7% | 20,538 | 0 | 1,108,002 | 1.29 | 8.5% | 20,110,000 | 11/7/2016 | 64.6% |
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | 2,427,087 | 10.7% | 60,400 | 0 | 2,366,687 | 1.68 | 10.4% | 36,000,000 | 10/24/2016 | 63.2% |
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | 1,417,665 | 14.0% | 196,538 | 0 | 1,221,125 | 1.64 | 12.1% | 15,600,000 | 9/27/2016 | 64.9% |
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | 1,565,403 | 15.0% | 207,427 | 0 | 1,357,976 | 1.94 | 13.0% | 16,700,000 | 10/1/2017 | 62.5% |
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | 1,008,242 | 11.1% | 23,841 | 61,166 | 923,235 | 1.64 | 10.2% | 14,500,000 | 9/19/2016 | 62.4% |
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | 820,907 | 9.9% | 18,672 | 55,066 | 747,169 | 1.25 | 9.0% | 13,700,000 | 12/2/2016 | 60.7% |
35 | Loan | GACC | DBNY | Publix at Shakerag | 787,648 | 8.9% | 6,410 | 35,000 | 746,238 | 1.41 | 8.4% | 12,500,000 | 9/22/2016 | 71.1% | |
36 | Loan | CGMRC | CGMRC | Fairway Centre | 900,840 | 10.2% | 16,726 | 98,496 | 785,618 | 1.35 | 8.9% | 13,000,000 | 10/26/2016 | 67.6% | |
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | 810,705 | 9.4% | 72,300 | 0 | 738,405 | 1.25 | 8.6% | 11,820,000 | 11/17/2016 | 73.0% | |
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | 1,119,122 | 15.4% | 117,319 | 0 | 1,001,803 | 1.97 | 13.8% | 13,400,000 | 12/1/2017 | 54.3% |
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | 653,079 | 9.5% | 7,330 | 46,126 | 599,623 | 1.36 | 8.7% | 10,250,000 | 10/21/2016 | 67.2% |
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | 833,530 | 12.2% | 82,000 | 0 | 751,530 | 1.73 | 11.0% | 12,600,000 | 8/30/2016 | 54.2% |
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | 747,542 | 11.5% | 16,558 | 42,814 | 688,170 | 2.21 | 10.6% | 12,060,000 | 10/21/2016 | 53.7% |
41.01 | Property | 21st Center | 498,175 | 12,533 | 29,743 | 455,899 | 8,030,000 | 10/21/2016 | |||||||
41.02 | Property | 20th Center | 249,366 | 4,025 | 13,071 | 232,271 | 4,030,000 | 10/21/2016 | |||||||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | 878,106 | 13.6% | 17,896 | 71,583 | 788,627 | 1.65 | 12.2% | 9,150,000 | 10/13/2016 | 70.7% |
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | 557,704 | 9.2% | 3,034 | 26,982 | 527,688 | 1.33 | 8.7% | 8,450,000 | 11/2/2016 | 72.0% |
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | 617,776 | 10.8% | 11,985 | 0 | 605,791 | 1.68 | 10.5% | 10,880,000 | 11/3/2016 | 52.8% |
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | 524,919 | 9.9% | 0 | 0 | 524,919 | 2.03 | 9.9% | 8,700,000 | 9/13/2016 | 60.9% |
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | 831,569 | 16.0% | 103,055 | 0 | 728,514 | 2.08 | 14.0% | 8,000,000 | 9/1/2016 | 64.9% |
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | 375,180 | 8.3% | 0 | 0 | 375,180 | 1.87 | 8.3% | 7,000,000 | 9/9/2016 | 64.3% |
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | 416,282 | 9.4% | 2,336 | 16,632 | 397,314 | 1.40 | 8.9% | 6,530,000 | 10/24/2016 | 68.1% |
49 | Loan | CGMRC | CGMRC | CVS Holbrook | 387,622 | 9.5% | 1,952 | 8,462 | 377,208 | 1.46 | 9.3% | 6,290,000 | 10/11/2016 | 64.6% | |
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | 332,890 | 9.5% | 5,446 | 0 | 327,444 | 1.40 | 9.4% | 5,800,000 | 9/6/2016 | 60.3% |
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | 312,498 | 9.3% | 2,091 | 0 | 310,407 | 1.41 | 9.2% | 5,230,000 | 10/26/2016 | 64.5% | |
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | 308,551 | 9.4% | 2,188 | 0 | 306,363 | 1.43 | 9.3% | 5,200,000 | 11/15/2016 | 63.5% |
A-7
CD 2017-CD3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | LTV Ratio at Maturity / ARD (%) | Occupancy (%) (5) | Occupancy Date | ADR ($) | RevPAR ($) | Largest Tenant | Largest Tenant Sq Ft | Largest Tenant Lease Expiration (6) |
1 | Loan | 8, 9, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | 60.6% | 100.0% | 10/1/2016 | NAP | NAP | Bowlmor Times Square, LLC | 77,536 | 7/31/2034 |
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | 55.0% | 86.4% | 11/8/2016 | NAP | NAP | Star Ride Kids, Inc. | 9,750 | 11/25/2024 |
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | 30.5% | 99.6% | 11/30/2016 | NAP | NAP | 179,948 | 2/28/2026 | |
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | 47.3% | 95.4% | 10/31/2016 | NAP | NAP | |||
4.01 | Property | Medical Centre of Santa Monica - West | 95.1% | 10/31/2016 | NAP | NAP | Providence Health System - Southern California | 23,636 | 2/28/2022 | ||||
4.02 | Property | Medical Centre of Santa Monica - East | 96.0% | 10/31/2016 | NAP | NAP | Providence Health System - Southern California | 10,840 | 11/30/2020 | ||||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | 53.2% | 77.1% | 11/30/2016 | NAP | NAP | Wilson | 87,386 | 12/31/2029 |
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | 54.8% | 100.0% | 2/6/2017 | NAP | NAP | Google Inc. | 314,352 | 11/30/2028 |
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | 54.8% | 97.6% | 11/1/2016 | NAP | NAP | NYS Office of Assistance | 121,545 | 5/31/2020 |
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | 31.2% | 94.6% | 9/30/2016 | 250.09 | 236.65 | NAP | ||
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | 62.5% | 100.0% | 2/6/2017 | NAP | NAP | State Farm Mutual Automobile Insurance Company | 193,953 | 11/30/2031 |
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | 50.6% | 84.3% | 8/31/2016 | 229.30 | 193.1924053 | NAP | ||
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | 61.4% | 96.9% | 9/30/2016 | NAP | NAP | Marshall’s | 30,000 | 1/31/2021 |
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | 64.2% | 99.1% | 10/31/2016 | NAP | NAP | Brookdale Senior Living | 185,399 | 4/30/2024 |
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | 55.8% | 78.9% | 7/31/2016 | 126.11 | 98.91 | |||
13.01 | Property | Courtyard Evansville East | 72.9% | 7/31/2016 | 135.44 | 98.72 | NAP | ||||||
13.02 | Property | Hilton Garden Inn Evansville | 81.1% | 7/31/2016 | 129.59 | 105.05 | NAP | ||||||
13.03 | Property | Residence Inn Columbus | 82.8% | 7/31/2016 | 109.74 | 90.89 | NAP | ||||||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | 51.1% | 96.1% | 10/14/2016 | NAP | NAP | |||
14.01 | Property | Cherry Creek Place II | 97.2% | 10/14/2016 | NAP | NAP | ADT LLC | 123,418 | 2/28/2024 | ||||
14.02 | Property | Cherry Creek Place I | 94.9% | 10/14/2016 | NAP | NAP | Transfirst Holdings, Inc. | 31,675 | 5/31/2023 | ||||
15 | Loan | GACC | DBNY | 16 E 40th Street | 51.6% | 98.7% | 10/31/2016 | NAP | NAP | 40th street 99 cent Corp | 10,000 | 12/31/2025 | |
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | 58.7% | 100.0% | 2/6/2017 | NAP | NAP | K2M | 145,819 | 9/30/2031 | |
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | 48.9% | 90.8% | 9/30/2016 | NAP | NAP | Tommy Hilfiger | 22,510 | 5/31/2023 |
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | 62.0% | 100.0% | 12/1/2016 | NAP | NAP | Suit Supply | 7,236 | 5/31/2025 |
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | 58.4% | 85.3% | 8/31/2016 | 98.42 | 83.91 | |||
19.01 | Property | Residence Inn - Chattanooga | 87.3% | 8/31/2016 | 115.87 | 101.19 | NAP | ||||||
19.02 | Property | TownePlace Suites - Chattanooga | 83.0% | 8/31/2016 | 84.60 | 70.25 | NAP | ||||||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | 84.9% | 8/31/2016 | 89.64 | 76.09 | NAP | ||||||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | 61.9% | 88.4% | 10/31/2016 | NAP | NAP | Pennoni Associates | 17,340 | 11/30/2021 | |
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | 55.6% | 100.0% | 9/1/2016 | NAP | NAP | WeWork | 178,221 | 8/31/2034 |
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | 61.4% | 100.0% | 11/30/2016 | NAP | NAP | UPS | 439,487 | 2/28/2021 |
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | 64.6% | 100.0% | 12/30/2016 | NAP | NAP | BJ’s Wholesale Club, Inc. | 101,095 | 11/30/2035 |
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | 65.0% | 94.1% | 11/1/2016 | NAP | NAP | Bed Bath and Beyond | 28,250 | 1/31/2022 |
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | 53.3% | 100.0% | 11/29/2016 | NAP | NAP | Balmain | 3,100 | 3/31/2027 |
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | 69.8% | 90.2% | 10/31/2016 | NAP | NAP | NAP | ||
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | Marriott Hilton Head Resort & Spa | 44.7% | 59.2% | 8/31/2016 | 188.89 | 111.87 | NAP | ||
28 | Loan | CGMRC | CGMRC | West Point Office | 53.1% | 93.0% | 11/7/2016 | NAP | NAP | Eberl Claims Services, Inc. | 21,662 | 5/31/2022 | |
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | 53.5% | 92.9% | 11/7/2016 | NAP | NAP | NAP | ||
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | 55.5% | 100.0% | 7/1/2016 | NAP | NAP | BLG Logistics Sublease/Toyota Boshoku Mississippi, LLC | 305,000 | 1/31/2021 |
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | 48.8% | 84.8% | 11/30/2016 | 129.31 | 109.69 | NAP | ||
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | 46.1% | 63.6% | 8/31/2016 | 98.04 | 62.32 | NAP | ||
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | 57.3% | 94.7% | 11/1/2016 | NAP | NAP | Save Mart Supermarkets | 29,160 | 5/31/2026 |
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | 44.6% | 72.0% | 12/1/2016 | NAP | NAP | Paradigm Consultants | 13,144 | 3/31/2021 |
35 | Loan | GACC | DBNY | Publix at Shakerag | 57.3% | 96.4% | 10/14/2016 | NAP | NAP | Publix #1091 | 44,840 | 9/30/2024 | |
36 | Loan | CGMRC | CGMRC | Fairway Centre | 56.1% | 96.4% | 9/1/2016 | NAP | NAP | Meridian Business Centers | 31,295 | 8/31/2022 | |
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | 62.6% | 89.2% | 12/19/2016 | NAP | NAP | NAP | |||
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | 40.6% | 69.0% | 10/31/2016 | 114.07 | 78.71 | NAP | ||
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | 55.2% | 100.0% | 10/1/2016 | NAP | NAP | Prosci, Inc. | 20,480 | 6/30/2022 |
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | 52.1% | 84.1% | 11/3/2016 | NAP | NAP | NAP | ||
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | 53.7% | 100.0% | 10/19/2016 | NAP | NAP | |||
41.01 | Property | 21st Center | 100.0% | 10/19/2016 | NAP | NAP | Kebely Corporation | 8,008 | 12/31/2018 | ||||
41.02 | Property | 20th Center | 100.0% | 10/19/2016 | NAP | NAP | Washington Karate Assoc. | 4,431 | 6/30/2018 | ||||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | 43.2% | 100.0% | 2/6/2017 | NAP | NAP | County of Tulare | 71,583 | 2/28/2026 |
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | 59.5% | 100.0% | 10/4/2016 | NAP | NAP | McCardell’s Tavern & Grill | 3,357 | 9/30/2025 |
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | 43.1% | 97.2% | 10/31/2016 | NAP | NAP | NAP | ||
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | 60.9% | NAP | NAP | NAP | NAP | NAP | ||
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | 54.1% | 73.5% | 9/30/2016 | 109.41 | 80.40 | NAP | ||
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | 64.3% | 100.0% | 2/6/2017 | NAP | NAP | Walgreens | 16,510 | 11/30/2033 |
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | 60.2% | 100.0% | 2/6/2017 | NAP | NAP | River Partners Chicago Sublease/Various | 15,573 | 12/31/2024 |
49 | Loan | CGMRC | CGMRC | CVS Holbrook | 52.9% | 100.0% | 2/6/2017 | NAP | NAP | CVS | 13,013 | 1/31/2026 | |
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | 51.5% | 84.4% | 11/30/2016 | NAP | NAP | NAP | ||
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | 57.3% | 100.0% | 2/6/2017 | NAP | NAP | Walgreens | 13,943 | 11/30/2027 | |
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | 56.2% | 100.0% | 2/6/2017 | NAP | NAP | Walgreens | 14,550 | 5/31/2030 |
A-8
CD 2017-CD3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Second Largest Tenant | 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) |
1 | Loan | 8, 9, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | National Geographic | 59,137 | 10/31/2032 | Gulliver’s Gate | 49,000 | 1/31/2031 |
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | The Chetrit Organization | 9,557 | 12/31/2021 | Lion Management Group, Inc. | 9,538 | 9/30/2024 |
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | GSA | 178,065 | 9/30/2020 | Level 3 | 113,012 | 1/31/2023 |
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | ||||||
4.01 | Property | Medical Centre of Santa Monica - West | The Regents of the University of California | 22,742 | 9/30/2018 | Cedars-Sinai Medical Center | 9,834 | 2/29/2020 | |||
4.02 | Property | Medical Centre of Santa Monica - East | Ava T. Shamban, M.D., Inc. | 6,053 | 1/31/2024 | Kessler Long Iacampo & Ottavi | 3,810 | 10/31/2017 | |||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | Optiver US LLC | 73,779 | 4/30/2023 | Clark Hill | 71,813 | 12/31/2032 |
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | NAP | NAP | ||||
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | The Legal Aid Society | 111,900 | 10/31/2037 | NYS Workers Comp | 50,225 | MTM |
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | NAP | NAP | ||||
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | NAP | NAP | ||||
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | NAP | NAP | ||||
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | Michael’s | 23,783 | 2/28/2021 | Petsmart | 19,235 | 3/31/2026 |
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | Children’s Hospital of Wisconsin | 132,362 | 7/31/2026 | SaintA | 47,512 | 2/28/2018 |
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | ||||||
13.01 | Property | Courtyard Evansville East | NAP | NAP | |||||||
13.02 | Property | Hilton Garden Inn Evansville | NAP | NAP | |||||||
13.03 | Property | Residence Inn Columbus | NAP | NAP | |||||||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | ||||||
14.01 | Property | Cherry Creek Place II | State of Colorado Disability Determination Services | 43,910 | 12/31/2022 | RGN - Aurora III, LLC | 12,627 | 12/31/2025 | |||
14.02 | Property | Cherry Creek Place I | Verizon Wireless Network RE | 28,349 | 9/30/2020 | Avitus, Inc. | 17,326 | 2/28/2023 | |||
15 | Loan | GACC | DBNY | 16 E 40th Street | The Dinex Group, LLC | 7,500 | 8/31/2023 | Amen Clinics, Inc. | 7,500 | 8/14/2019 | |
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | NAP | NAP | |||||
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | Belstaff USA Sublease/Various (11,670) | 17,505 | 4/4/2022 | Vera Bradley | 5,877 | 3/31/2026 |
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | Jimmy Choo | 2,961 | 11/30/2021 | La Perla | 2,516 | 1/1/2025 |
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | ||||||
19.01 | Property | Residence Inn - Chattanooga | NAP | NAP | |||||||
19.02 | Property | TownePlace Suites - Chattanooga | NAP | NAP | |||||||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | NAP | NAP | |||||||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | Entrix, Inc. | 13,327 | 11/30/2019 | Perioperative Services | 13,167 | 8/31/2017 | |
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | Foot Locker | 36,120 | 8/31/2032 | NAP | ||
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | Sherwood Food Distributors | 243,263 | 10/31/2022 | NAP | ||
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | Petco | 14,304 | 8/31/2028 | My Salon Suite | 7,200 | 2/1/2027 |
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | Bob’s Discount Furniture | 23,683 | 5/31/2025 | La-Z-Boy | 22,000 | 10/31/2022 |
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | Frederic Malle (Estee Lauder) | 1,263 | 2/28/2027 | Golden Goose | 918 | 2/28/2027 |
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | NAP | NAP | ||||
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | Marriott Hilton Head Resort & Spa | NAP | NAP | ||||
28 | Loan | CGMRC | CGMRC | West Point Office | Power Engineers, Inc. | 14,619 | 3/31/2022 | Universal American Mortgage Company, LLC | 14,246 | 1/31/2019 | |
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | NAP | NAP | ||||
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | ARD Logistics Alabama | 299,000 | 5/31/2021 | NAP | ||
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | NAP | NAP | ||||
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | NAP | NAP | ||||
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | Rite Aid | 17,716 | 5/31/2021 | Dollar Tree | 13,500 | 8/31/2018 |
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | Total Renal Care | 10,006 | 9/30/2021 | McKim and Creed | 8,250 | 12/31/2018 |
35 | Loan | GACC | DBNY | Publix at Shakerag | John’s Creek Beverage | 3,520 | 12/31/2019 | La Hacienda | 2,400 | 12/31/2018 | |
36 | Loan | CGMRC | CGMRC | Fairway Centre | DFW Hospital Council | 15,905 | 9/30/2026 | DCSS Holding Company | 9,738 | 1/31/2027 | |
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | NAP | NAP | |||||
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | NAP | NAP | ||||
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | Numerica Corporation | 18,765 | 5/31/2021 | WillMarc | 6,243 | 6/30/2019 |
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | NAP | NAP | ||||
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | ||||||
41.01 | Property | 21st Center | Divensi, Inc. | 6,750 | 10/31/2017 | One Night Events | 4,750 | 3/31/2021 | |||
41.02 | Property | 20th Center | Allstate Insurance Company | 2,301 | 12/31/2017 | Batteries Plus | 2,041 | 10/31/2021 | |||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | NAP | NAP | ||||
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | World Class Martial Arts | 2,751 | 7/31/2021 | Texas State Optical | 2,500 | 7/31/2025 |
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | NAP | NAP | ||||
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | NAP | NAP | ||||
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | NAP | NAP | ||||
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | NAP | NAP | ||||
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | NAP | NAP | ||||
49 | Loan | CGMRC | CGMRC | CVS Holbrook | NAP | NAP | |||||
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | NAP | NAP | ||||
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | NAP | NAP | |||||
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | NAP | NAP |
A-9
CD 2017-CD3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Fourth Largest Tenant | Fourth Largest Tenant Sq Ft | Fourth Largest Tenant Lease Expiration (6) | Fifth Largest Tenant | Fifth Largest Tenant Sq Ft | Fifth Largest Tenant Lease Expiration (6) |
1 | Loan | 8, 9, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | Guitar Center Stores, Inc. | 28,119 | 1/31/2029 | Guy’s American Kitchen | 15,670 | 11/30/2032 |
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | Business Journals, Inc. | 9,038 | 3/31/2018 | L’Koral, LLC | 9,038 | 9/30/2017 |
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | Telehouse | 61,551 | 1/31/2026 | Moet | 56,000 | 3/31/2021 |
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | ||||||
4.01 | Property | Medical Centre of Santa Monica - West | Matsunaga, Daly, Ross, Thordarson, Vogel & Klevens, MDs | 6,453 | 9/30/2020 | Cedars-Sinai Medical Care Foundation | 5,213 | MTM | |||
4.02 | Property | Medical Centre of Santa Monica - East | Leslie Kaplan, M.D. et al | 3,256 | 2/28/2021 | Ortho-Pros, Inc. | 2,288 | 4/30/2017 | |||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | Leydig, Voit & Mayer, Ltd. | 66,783 | 9/30/2025 | CBS Radio Holdings Corp. | 63,453 | 4/30/2028 |
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | NAP | NAP | ||||
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | City University of NY | 45,000 | 8/31/2017 | Brooklyn Law School | 41,000 | 1/31/2032 |
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | NAP | NAP | ||||
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | NAP | NAP | ||||
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | NAP | NAP | ||||
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | Longs Drugs/CVS Sublease/Office Depot | 17,540 | 2/28/2026 | Downeast Outfitters Inc. | 15,560 | 3/31/2019 |
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | Association of Equipment Manufacturers | 28,677 | 3/31/2020 | Toshiba International Corporation | 26,716 | 12/31/2022 |
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | ||||||
13.01 | Property | Courtyard Evansville East | NAP | NAP | |||||||
13.02 | Property | Hilton Garden Inn Evansville | NAP | NAP | |||||||
13.03 | Property | Residence Inn Columbus | NAP | NAP | |||||||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | ||||||
14.01 | Property | Cherry Creek Place II | Tucker Albin and Associates | 5,334 | 5/31/2019 | BPH, LLC | 3,982 | 12/31/2019 | |||
14.02 | Property | Cherry Creek Place I | Air Methods Corp. | 16,351 | 12/31/2017 | Revenue Enterprises, LLC. | 15,626 | 12/31/2018 | |||
15 | Loan | GACC | DBNY | 16 E 40th Street | The Dennelisse Corpo | 7,500 | 4/14/2019 | Smart Space, LLC | 7,500 | 10/31/2018 | |
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | NAP | NAP | |||||
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | Vision Capital | 5,835 | 6/30/2018 | Global Thematic Partners | 5,835 | 9/30/2017 |
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | NAP | NAP | ||||
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | ||||||
19.01 | Property | Residence Inn - Chattanooga | NAP | NAP | |||||||
19.02 | Property | TownePlace Suites - Chattanooga | NAP | NAP | |||||||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | NAP | NAP | |||||||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | F. Schumacher & Co. | 12,572 | 1/31/2019 | Johnson, Mirmiran & Thompson, Inc. | 12,185 | 2/28/2021 | |
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | NAP | NAP | ||||
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | NAP | NAP | ||||
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | NAP | NAP | ||||
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | Party City | 18,000 | 5/31/2022 | Old Navy | 16,800 | 4/30/2020 |
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | NAP | NAP | ||||
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | NAP | NAP | ||||
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | Marriott Hilton Head Resort & Spa | NAP | NAP | ||||
28 | Loan | CGMRC | CGMRC | West Point Office | First Street Online | 13,596 | 1/31/2018 | Shaffer Baucom Engineering & Consulting, LLC | 13,002 | 10/31/2020 | |
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | NAP | NAP | ||||
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | NAP | NAP | ||||
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | NAP | NAP | ||||
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | NAP | NAP | ||||
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | Autozone | 6,786 | 8/31/2021 | Joyeria El Dorado | 3,600 | 10/31/2017 |
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | Shimadzu Scientific Instruments, Inc. | 6,000 | 2/29/2020 | Teach Me Holdings | 6,000 | 11/30/2019 |
35 | Loan | GACC | DBNY | Publix at Shakerag | Splash and Dash Groomerie | 1,500 | 9/30/2025 | N’ Style Studio | 1,200 | 11/30/2021 | |
36 | Loan | CGMRC | CGMRC | Fairway Centre | ACA Express.com | 3,932 | 4/20/2023 | Cole Parmer | 3,582 | 5/31/2020 | |
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | NAP | NAP | |||||
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | NAP | NAP | ||||
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | Persistent Systems, LLC | 3,158 | 12/31/2021 | MAVD | 218 | 4/30/2017 |
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | NAP | NAP | ||||
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | ||||||
41.01 | Property | 21st Center | Sanatan Dharma Temple | 3,156 | 10/31/2018 | 425 Motorsports | 3,010 | 9/30/2019 | |||
41.02 | Property | 20th Center | Kumon Math & Reading Center | 1,590 | 11/30/2021 | Moneytree, Inc. | 1,530 | 3/31/2021 | |||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | NAP | NAP | ||||
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | Spring Pearl Dental | 2,301 | 8/31/2025 | Bahama Buck’s | 2,000 | 8/31/2020 |
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | NAP | NAP | ||||
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | NAP | NAP | ||||
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | NAP | NAP | ||||
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | NAP | NAP | ||||
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | NAP | NAP | ||||
49 | Loan | CGMRC | CGMRC | CVS Holbrook | NAP | NAP | |||||
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | NAP | NAP | ||||
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | NAP | NAP | |||||
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | NAP | NAP |
A-10
CD 2017-CD3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | 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 ($) | Ongoing Insurance Reserve ($) |
1 | Loan | 8, 9, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | 9/15/2016 | Yes | 10/6/2016 | 9/15/2016 | NAP | NAP | No | 651,564 | 126,690 | 18,983 | 0 |
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | 11/16/2016 | No | NAP | 12/22/2016 | NAP | NAP | No | 377,697 | 188,849 | 0 | 0 |
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | 11/2/2016 | No | NAP | 11/2/2016 | NAP | NAP | No | 0 | 0 | 0 | 0 |
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | No | 0 | 0 | 0 | 0 | ||||||
4.01 | Property | Medical Centre of Santa Monica - West | 10/7/2016 | No | NAP | 10/7/2016 | 10/7/2016 | 10% | No | |||||||
4.02 | Property | Medical Centre of Santa Monica - East | 10/7/2016 | No | NAP | 10/7/2016 | 10/7/2016 | 10% | No | |||||||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | 6/30/2015 | No | NAP | 6/26/2015 | NAP | NAP | No | 1,134,682 | 1,134,682 | 248,278 | 82,759 |
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | 12/1/2016 | No | NAP | 12/2/2016 | 12/1/2016 | 10% | No | 253,015 | 84,338 | 0 | 0 |
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | 11/1/2016 | No | NAP | 11/1/2016 | NAP | NAP | No | 296,183 | 296,183 | 0 | 0 |
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | 10/17/2016 | No | NAP | 10/17/2016 | NAP | NAP | No | 0 | 0 | 0 | 0 |
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | 10/28/2016 | No | NAP | 9/26/2016 | NAP | NAP | No | 0 | 0 | 0 | 0 |
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | 10/28/2016 | No | NAP | 10/20/2016 | 10/20/2016 | 11% | No | 71,530 | 19,763 | 0 | 0 |
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | 10/20/2016 | No | NAP | 10/20/2016 | NAP | NAP | No | 39,571 | 19,785 | 26,362 | 3,295 |
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | 10/20/2016 | No | NAP | 10/20/2016 | NAP | NAP | No | 1,278,158 | 106,513 | 137,734 | 8,878 |
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | No | 88,320 | 44,160 | 0 | 0 | ||||||
13.01 | Property | Courtyard Evansville East | 10/4/2016 | No | NAP | 10/4/2016 | NAP | NAP | No | |||||||
13.02 | Property | Hilton Garden Inn Evansville | 10/4/2016 | No | NAP | 10/4/2016 | NAP | NAP | No | |||||||
13.03 | Property | Residence Inn Columbus | 10/4/2016 | No | NAP | 10/4/2016 | NAP | NAP | No | |||||||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | No | 428,212 | 53,527 | 28,689 | 9,563 | ||||||
14.01 | Property | Cherry Creek Place II | 10/13/2016 | No | NAP | 10/13/2016 | NAP | NAP | No | |||||||
14.02 | Property | Cherry Creek Place I | 10/13/2016 | No | NAP | 10/13/2016 | NAP | NAP | No | |||||||
15 | Loan | GACC | DBNY | 16 E 40th Street | 10/18/2016 | No | NAP | 10/18/2016 | NAP | NAP | No | 64,471 | 64,471 | 0 | 0 | |
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | 9/12/2016 | No | NAP | 9/12/2016 | NAP | NAP | No | 0 | 0 | 0 | 0 | |
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | 10/3/2016 | No | NAP | 10/3/2016 | NAP | NAP | No | 848,821 | 151,575 | 106,910 | 8,485 |
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | 9/28/2016 | No | NAP | 9/28/2016 | 9/24/2016 | 23% | Yes | 0 | 47,296 | 0 | 0 |
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | No | 0 | 30,002 | 0 | 0 | ||||||
19.01 | Property | Residence Inn - Chattanooga | 10/11/2016 | No | NAP | 10/11/2016 | NAP | NAP | No | |||||||
19.02 | Property | TownePlace Suites - Chattanooga | 10/11/2016 | No | NAP | 10/11/2016 | NAP | NAP | No | |||||||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | 10/11/2016 | No | NAP | 10/11/2016 | NAP | NAP | No | |||||||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | 10/14/2016 | No | NAP | 10/14/2016 | NAP | NAP | No | 249,486 | 41,581 | 0 | 0 | |
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | 9/19/2016 | No | NAP | 9/16/2016 | NAP | NAP | No | 1,325,353 | 232,126 | 0 | 0 |
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | 7/27/2016 | Yes | 9/23/2016 | 7/25/2016 | NAP | NAP | No | 152,454 | 30,491 | 0 | 0 |
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | 12/12/2016 | No | NAP | 12/12/2016 | NAP | NAP | No | 119,892 | 19,982 | 6,077 | 675 |
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | 8/12/2016 | No | NAP | 10/19/2016 | NAP | NAP | No | 184,186 | 36,837 | 0 | 0 |
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | 10/14/2016 | No | NAP | 10/14/2016 | 10/14/2016 | 13% | No | 25,184 | 8,395 | 0 | 0 |
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | 8/3/2016 | No | NAP | 8/4/2016 | NAP | NAP | No | 63,596 | 4,892 | 18,506 | 9,253 |
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | 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 |
28 | Loan | CGMRC | CGMRC | West Point Office | 10/13/2016 | No | NAP | 10/13/2016 | NAP | NAP | No | 96,792 | 12,099 | 4,278 | 2,139 | |
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | 9/9/2016 | No | NAP | 9/9/2016 | 9/9/2016 | 11% | No | 0 | 16,915 | 0 | 0 |
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | 9/23/2016 | No | NAP | 11/10/2016 | NAP | NAP | No | 61,965 | 12,393 | 0 | 0 |
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | 10/6/2016 | No | NAP | 10/6/2016 | NAP | NAP | No | 59,542 | 19,847 | 0 | 0 |
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | 10/11/2016 | No | NAP | 10/11/2016 | NAP | NAP | No | 81,178 | 10,500 | 2,981 | 2,981 |
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | 4/22/2016 | Yes | 10/14/2016 | 9/22/2016 | 9/23/2016 | 7% | No | 0 | 20,755 | 0 | 3,751 |
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | 12/9/2016 | No | NAP | 12/9/2016 | NAP | NAP | No | 25,585 | 25,585 | 8,517 | 2,839 |
35 | Loan | GACC | DBNY | Publix at Shakerag | 9/29/2016 | No | NAP | 9/19/2016 | NAP | NAP | No | 0 | 8,117 | 0 | 0 | |
36 | Loan | CGMRC | CGMRC | Fairway Centre | 11/3/2016 | No | NAP | 11/9/2016 | NAP | NAP | No | 15,018 | 15,018 | 3,252 | 1,626 | |
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | 11/23/2016 | No | NAP | 11/29/2016 | NAP | NAP | No | 42,317 | 21,158 | 23,050 | 11,525 | |
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | 11/7/2016 | No | NAP | 11/9/2016 | NAP | NAP | No | 26,690 | 6,672 | 13,897 | 2,316 |
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | 11/3/2016 | No | NAP | 11/1/2016 | NAP | NAP | No | 0 | 5,357 | 0 | 0 |
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | 6/8/2016 | No | NAP | 6/8/2016 | NAP | NAP | No | 16,168 | 8,084 | 3,735 | 0 |
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | No | 11,221 | 5,610 | 3,264 | 816 | ||||||
41.01 | Property | 21st Center | 11/22/2016 | No | NAP | 11/21/2016 | 11/21/2016 | 6% | No | |||||||
41.02 | Property | 20th Center | 11/22/2016 | No | NAP | 11/21/2016 | 11/21/2016 | 12% | No | |||||||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | 6/14/2016 | No | NAP | 6/14/2016 | 6/14/2016 | 9% | No | 12,664 | 6,332 | 0 | 1,485 |
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | 11/3/2016 | No | NAP | 11/3/2016 | NAP | NAP | No | 23,678 | 7,893 | 3,737 | 1,869 |
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | 11/23/2016 | No | NAP | 11/23/2016 | 11/23/2016 | 12% | No | 17,402 | 4,351 | 0 | 547 |
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | 9/21/2016 | No | NAP | 9/20/2016 | NAP | NAP | No | 0 | 0 | 0 | 0 |
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | 11/7/2016 | No | NAP | 11/8/2016 | NAP | NAP | No | 7,815 | 3,311 | 5,118 | 5,118 |
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | 9/28/2016 | No | NAP | 9/28/2016 | NAP | NAP | No | 0 | 0 | 1,489 | 0 |
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | 11/18/2016 | No | NAP | 11/18/2016 | NAP | NAP | No | 29,093 | 9,698 | 8,869 | 687 |
49 | Loan | CGMRC | CGMRC | CVS Holbrook | 10/19/2016 | No | NAP | 10/19/2016 | NAP | NAP | No | 9,487 | 9,487 | 0 | 0 | |
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | 9/13/2016 | No | NAP | 9/13/2016 | NAP | NAP | No | 13,549 | 4,516 | 6,501 | 542 |
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | 11/10/2016 | No | NAP | 11/8/2016 | NAP | NAP | No | 0 | 0 | 0 | 0 | |
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | 11/28/2016 | No | NAP | 11/28/2016 | NAP | NAP | No | 0 | 0 | 0 | 0 |
A-11
CD 2017-CD3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Upfront Replacement Reserve ($) | Ongoing Replacement Reserve ($) | 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 ($) | Ongoing Deferred Maintenance Reserve ($) |
1 | Loan | 8, 9, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | 0 | 6,211 | 0 | 14,492,159 | 0 | 0 | 0 | 0 | 23,000 | 0 |
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | 0 | 3,558 | 0 | 1,000,000 | 0 | 1,000,000 | 0 | 0 | 24,150 | 0 |
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | 0 | 10,543 | 253,032 | 11,063,417 | 52,715 | 1,265,160 | 0 | 0 | 0 | 0 |
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
4.01 | Property | Medical Centre of Santa Monica - West | |||||||||||||
4.02 | Property | Medical Centre of Santa Monica - East | |||||||||||||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | 2,525,657 | 47,671 | 0 | 21,489,422 | 0 | 0 | 0 | 0 | 0 | 0 |
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | 0 | 0 | 0 | 12,312,957 | 0 | 0 | 0 | 0 | 0 | 0 |
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | 0 | 7,233 | 0 | 0 | 36,167 | 2,000,000 | 0 | 0 | 11,625 | 0 |
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | 0 | 1,248,126 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | 0 | 0 | 58,186 | 0 | 0 | 969,765 | 0 | 0 | 0 | 0 |
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | 0 | 34,904 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | 0 | 4,296 | 500,000 | 150,000 | 9,940 | 500,000 | 0 | 0 | 0 | 0 |
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | 0 | 8,121 | 292,353 | 0 | 50,228 | 1,866,009 | 0 | 0 | 25,000 | 0 |
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | 0 | 37,314 | 3,125,000 | 0 | 0 | 0 | 0 | 0 | 13,750 | 0 |
13.01 | Property | Courtyard Evansville East | |||||||||||||
13.02 | Property | Hilton Garden Inn Evansville | |||||||||||||
13.03 | Property | Residence Inn Columbus | |||||||||||||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | 270,000 | 6,666 | 0 | 500,000 | 41,663 | 1,500,000 | 0 | 0 | 2,875 | 0 |
14.01 | Property | Cherry Creek Place II | |||||||||||||
14.02 | Property | Cherry Creek Place I | |||||||||||||
15 | Loan | GACC | DBNY | 16 E 40th Street | 0 | 1,603 | 0 | 0 | 8,015 | 288,546 | 0 | 0 | 193,085 | 0 | |
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | 0 | 0 | 10,481 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | 0 | 1,376 | 0 | 0 | 0 | 10,000,000 | 0 | 0 | 0 | 0 |
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | 0 | 199 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
19.01 | Property | Residence Inn - Chattanooga | |||||||||||||
19.02 | Property | TownePlace Suites - Chattanooga | |||||||||||||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | |||||||||||||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | 0 | 5,478 | 0 | 121,682 | 21,521 | 0 | 0 | 0 | 3,125 | 0 | |
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | 0 | 3,572 | 171,473 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | 0 | 8,500 | 204,000 | 0 | 12,917 | 620,000 | 0 | 0 | 2,801,981 | 0 |
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | 0 | 1,737 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | 0 | 2,499 | 0 | 0 | 11,246 | 300,000 | 0 | 0 | 3,900 | 0 |
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | 0 | 88 | 3,169 | 0 | 0 | 79,215 | 0 | 0 | 0 | 0 |
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | 0 | 9,955 | 0 | 0 | 0 | 0 | 0 | 0 | 97,625 | 0 |
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | Marriott Hilton Head Resort & Spa | 0 | 138,910 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
28 | Loan | CGMRC | CGMRC | West Point Office | 195,000 | 2,908 | 0 | 250,000 | 18,173 | 750,000 | 0 | 0 | 10,531 | 0 | |
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | 0 | 1,711 | 41,076 | 0 | 0 | 0 | 0 | 0 | 3,750 | 0 |
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | 0 | 5,033 | 0 | 1,500,000 | 0 | 1,500,000 | 0 | 0 | 18,750 | 0 |
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | 0 | 16,378 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | 0 | 17,286 | 0 | 0 | 0 | 0 | 0 | 0 | 26,250 | 0 |
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | 0 | 2,305 | 55,311 | 423,356 | 6,358 | 152,582 | 0 | 0 | 21,375 | 0 |
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | 0 | 1,556 | 0 | 0 | 4,599 | 0 | 0 | 0 | 4,688 | 0 |
35 | Loan | GACC | DBNY | Publix at Shakerag | 0 | 1,068 | 38,460 | 87,000 | 2,500 | 0 | 0 | 0 | 5,625 | 0 | |
36 | Loan | CGMRC | CGMRC | Fairway Centre | 160,000 | 1,394 | 200,000 | 0 | 8,235 | 230,000 | 0 | 0 | 39,875 | 0 | |
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | 450,000 | 6,025 | 600,000 | 0 | 0 | 0 | 0 | 0 | 29,625 | 0 | |
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | 0 | 9,777 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | 22,000 | 0 | 22,000 | 250,000 | 0 | 250,000 | 0 | 0 | 0 | 0 |
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | 0 | 6,833 | 0 | 0 | 0 | 0 | 0 | 0 | 313 | 0 |
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | 53,058 | 885 | 0 | 0 | 0 | 0 | 0 | 0 | 12,375 | 0 |
41.01 | Property | 21st Center | |||||||||||||
41.02 | Property | 20th Center | |||||||||||||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | 0 | 1,491 | 0 | 0 | 5,989 | 0 | 0 | 0 | 191,950 | 0 |
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | 0 | 253 | 0 | 0 | 2,276 | 100,000 | 0 | 0 | 0 | 0 |
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | 0 | 999 | 35,000 | 0 | 0 | 0 | 0 | 0 | 3,750 | 0 |
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | 0 | 8,588 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | 0 | 195 | 0 | 0 | 1,298 | 0 | 0 | 0 | 0 | 0 |
49 | Loan | CGMRC | CGMRC | CVS Holbrook | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | 0 | 454 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
A-12
CD 2017-CD3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Upfront Environmental Reserve ($) | Ongoing Environmental Reserve ($) | Upfront Other Reserve ($) | Ongoing Other Reserve ($) | Other Reserve Description |
1 | Loan | 8, 9, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | 0 | 0 | 11,110,080 | 0 | Free Rent Reserve ($11,061,751); Bridge Rent ($48,329) |
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | 0 | 0 | 153,343 | 0 | Rent Concession Reserve |
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | 0 | 0 | 1,130,833 | 0 | Free Rent Reserve |
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | 0 | 0 | 0 | 0 | |
4.01 | Property | Medical Centre of Santa Monica - West | ||||||||
4.02 | Property | Medical Centre of Santa Monica - East | ||||||||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | 0 | 0 | 47,911,435 | 236,236 | Future Leasing Funds (Upfront: $35,000,000; Monthly: $236,236); Rent Abatement Funds (Upfront: $12,911,435) |
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | 0 | 0 | 17,051,831 | 0 | Rent Concession Funds |
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | 0 | 0 | 36,445,472 | 0 | Economic Holdback Reserve ($29,490,000); Unfunded Obligations Reserve ($4,705,472); CUNY Reserve ($2,250,000) |
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | 0 | 0 | 0 | 0 | |
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | 0 | 0 | 0 | 0 | |
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | 0 | 0 | 0 | 0 | |
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | 0 | 0 | 44,000 | 0 | Unfunded Obligations Reserve (Hottie Obligations) |
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | 0 | 0 | 157,156 | 116,325 | Existing TI/LC Reserve (Upfront: $157,156); Brookdale Rollover Deposits Reserve (Monthly: $116,325 on each monthly payment date occurring in January, February, March and April 2017) |
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | 0 | 0 | 3,720,000 | 0 | PIP Reserve (Upfront: $3,600,000); Seasonal Working Capital Funds Reserve (Upfront: $120,000) |
13.01 | Property | Courtyard Evansville East | ||||||||
13.02 | Property | Hilton Garden Inn Evansville | ||||||||
13.03 | Property | Residence Inn Columbus | ||||||||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | 0 | 0 | 634,929 | 0 | Elevator Reserve ($574,339); Free Rent Reserve ($60,590) |
14.01 | Property | Cherry Creek Place II | ||||||||
14.02 | Property | Cherry Creek Place I | ||||||||
15 | Loan | GACC | DBNY | 16 E 40th Street | 0 | 0 | 124,756 | 0 | Free Rent | |
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | 0 | 0 | 0 | 0 | ||
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | 0 | 0 | 2,472,743 | 0 | Rent Concession Reserve ($250,262); Unfunded Obligations ($2,222,481) |
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | 0 | 0 | 6,295 | 0 | REA Common Charges Reserve |
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | 0 | 0 | 2,167,800 | 0 | PIP Reserve |
19.01 | Property | Residence Inn - Chattanooga | ||||||||
19.02 | Property | TownePlace Suites - Chattanooga | ||||||||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | ||||||||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | 0 | 0 | 0 | 0 | ||
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | 0 | 0 | 22,005,332 | 0 | TI Unfunded Obligations ($8,500,641); Unfunded Obligations - Free Rent ($8,480,556); CapEx Unfunded Obligations ($5,024,135) |
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | 0 | 0 | 0 | 0 | |
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | 0 | 0 | 259,200 | 14,753 | Salon TI/LC Reserve ($180,000); Salon Rent Reserve ($79,200); Common Charges Reserve (Monthly: $14,753) |
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | 0 | 0 | 0 | 0 | |
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | 0 | 0 | 5,654,557 | 0 | Initial Lease Deposits Reserve ($4,600,000); Balmain Reserve ($610,766); Golden Goose Reserve ($234,361); Estee Lauder Reserve ($209,430) |
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | 0 | 0 | 334,594 | 0 | Holdback Funds |
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | Marriott Hilton Head Resort & Spa | 0 | 0 | 3,630,000 | 0 | Seasonality Reserve |
28 | Loan | CGMRC | CGMRC | West Point Office | 0 | 0 | 941,943 | 0 | Unfunded Obligations Reserve ($730,980); Free Rent Reserve ($210,963) | |
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | 0 | 0 | 0 | 0 | |
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | 0 | 0 | 0 | 0 | |
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | 0 | 0 | 412,621 | 21,251 | Holdback Reserve ($360,000); Ground Lease Reserve (Upfront: $52,621; Monthly: $6,499); Seasonality Reserve (Monthly: $14,752) |
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | 0 | 0 | 2,031,750 | 0 | PIP Reserve ($1,973,750); Seasonal Working Capital ($58,000) |
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | 0 | 0 | 0 | 0 | |
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | 0 | 0 | 865,635 | 0 | Performance Funds Reserve ($675,000); Outstanding Leasing Reserve ($170,560); Rent Concession Reserve ($20,075) |
35 | Loan | GACC | DBNY | Publix at Shakerag | 0 | 0 | 0 | 0 | ||
36 | Loan | CGMRC | CGMRC | Fairway Centre | 0 | 0 | 103,369 | 0 | HOA Work Items Reserve ($35,000); Meridian TI Allowance Reserve ($68,369) | |
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | 0 | 0 | 0 | 0 | ||
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | 0 | 0 | 559,000 | 0 | Planned Capex Reserve |
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | 0 | 0 | 0 | 0 | |
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | 0 | 0 | 2,081,840 | 0 | Capital Expenditure Funds |
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | 0 | 0 | 0 | 0 | |
41.01 | Property | 21st Center | ||||||||
41.02 | Property | 20th Center | ||||||||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | 0 | 0 | 358,000 | 4,646 | County Lease Reserve |
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | 0 | 0 | 0 | 0 | |
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | 0 | 0 | 0 | 0 | |
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | 0 | 0 | 0 | 0 | |
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | 0 | 0 | 55,000 | 0 | Seasonality Reserve |
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | 0 | 0 | 0 | 0 | |
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | 0 | 0 | 0 | 0 | |
49 | Loan | CGMRC | CGMRC | CVS Holbrook | 0 | 0 | 0 | 0 | ||
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | 0 | 0 | 500,000 | 0 | Property Improvement Costs Holdback Reserve |
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | 0 | 0 | 0 | 0 | ||
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | 0 | 0 | 0 | 0 |
A-13
CD 2017-CD3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Borrower Name | Delaware Statutory Trust? Y/N |
1 | Loan | 8, 9, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | Elmwood NYT Owner, LLC; Oakwood NYT Owner, LLC; Wallkill NYT Owner, LLC and Landings NYT Owner, LLC | No |
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | Broadway 1384 LLC | No |
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | 85 Tenth Avenue Associates, L.L.C. | No |
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | Medical Associates | No |
4.01 | Property | Medical Centre of Santa Monica - West | |||||
4.02 | Property | Medical Centre of Santa Monica - East | |||||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | SL PRU LLC | No |
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | MP B3 LLC | No |
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | 111 Livingston LLC | No |
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | Hilton Hawaiian Village LLC | No |
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | JDM III SF Kansas City DC, LLC | No |
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | Pacifica Century City L.P. | No |
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | Silverado Ranch Plaza LLC | No |
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | Whitnall-Summit Company, LLC; Whitnall Summit Development Corporation and 6750 North Acres LLC | No |
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | HH R1 Columbus, LLC; HH C1 Evansville, LLC and HH HG1 Evansville, LLC | No |
13.01 | Property | Courtyard Evansville East | |||||
13.02 | Property | Hilton Garden Inn Evansville | |||||
13.03 | Property | Residence Inn Columbus | |||||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | CCP I and II, LLC | No |
14.01 | Property | Cherry Creek Place II | |||||
14.02 | Property | Cherry Creek Place I | |||||
15 | Loan | GACC | DBNY | 16 E 40th Street | 16 East 40 Realty, LLC | No | |
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | AGNL Spine, L.L.C. | No | |
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | 681 Fifth Avenue LLC | No |
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | 166 Geary Street Retail Owner LLC | No |
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | AHIP FL Jacksonville Properties LLC; AHIP FL Jacksonville Enterprises LLC; AHIP TN Chattanooga 7010 Properties LLC; AHIP TN Chattanooga 7010 Enterprises, LLC; AHIP TN Chattanooga 2340 Properties LLC and AHIP TN Chattanooga 2340 Enterprises LLC | No |
19.01 | Property | Residence Inn - Chattanooga | |||||
19.02 | Property | TownePlace Suites - Chattanooga | |||||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | |||||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | CEC 100, LLC | No | |
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | 1460 Fee Swighm LLC and 1460 Leasehold Swighm LLC | No |
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | 5400 Fulton Industrial Atlanta, LLC | No |
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | Midtown Crossing Partners LLC | No |
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | Plaza Pointe LLC | No |
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | Bond Street Holdings 8417 Melrose Owner, LLC and Crown Asset 8417 Melrose Owner, LLC | No |
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | Patriot Crossing, LLC | No |
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | Marriott Hilton Head Resort & Spa | Columbia Properties Hilton Head, LLC | No |
28 | Loan | CGMRC | CGMRC | West Point Office | West Point NCP, LLC | No | |
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | My Storage, LLC | No |
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | Vance 1530 RCP 1 LLC | No |
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | Prime Delray Hotel LLC | No |
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | Millennium Hospitality Enterprise, LLC | No |
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | Olivewood Plaza Two, LLC | No |
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | SunBlossom Beltway 8 Office Center, LLC | No |
35 | Loan | GACC | DBNY | Publix at Shakerag | BDB Shakerag, LLC | No | |
36 | Loan | CGMRC | CGMRC | Fairway Centre | 300/320 Decker LLC | No | |
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | Kingspointe-Victoria, LLC; Kingspointe-Las Palmas, LLC; Kingspointe-Lonestar, LLC and Kingspointe-RickBar, LLC | No | |
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | TriVest Hotels, LLC | No |
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | HTP 5042, LLC | No |
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | Key Vista I, LLC and Key Vista II, LLC | No |
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | 20th Center LLC and 21st Center LLC | No |
41.01 | Property | 21st Center | |||||
41.02 | Property | 20th Center | |||||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | LTJ Porterville Delaware LLC | No |
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | 24504 Timberwilde LLC | No |
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | Orangecrest Self Storage, LP | No |
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | Alexander Charles Realty Co., LLC | No |
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | Sri Jalaram 2, LLC | No |
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | MAK RealtyMedTech Holdings LLC | No |
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | Sheffield Property Associates LLC | No |
49 | Loan | CGMRC | CGMRC | CVS Holbrook | 842 South Franklin Street Developers Corp. | No | |
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | SSCP Metuchen LLC | No |
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | 130 Bowdoin Street Developers Corp. | No | |
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | TM 1326 North Jefferies Boulevard LLC | No |
A-14
CD 2017-CD3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Carve-out Guarantor | Loan Purpose | Loan Amount (sources) ($) | Principal’s New Cash Contribution (7) ($) | Subordinate Debt ($) | Other Sources ($) | Total Sources ($) |
1 | Loan | 8, 9, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | Jared Kushner | Refinance | 285,000,000 | 0 | 85,000,000 | 0 | 370,000,000 |
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | Juda Chetrit | Refinance | 88,000,000 | 0 | 0 | 110,000 | 88,110,000 |
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | Related Special Assets LLC and Vornado Realty L.P. | Refinance | 255,000,000 | 0 | 370,000,000 | 0 | 625,000,000 |
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | HFP Group, LLC | Refinance | 71,000,000 | 0 | 0 | 100,000 | 71,100,000 |
4.01 | Property | Medical Centre of Santa Monica - West | ||||||||||
4.02 | Property | Medical Centre of Santa Monica - East | ||||||||||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | Michael Silberberg and Mark Karasick | Refinance | 415,000,000 | 0 | 0 | 0 | 415,000,000 |
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | Joseph K. Paul (A/K/A Jay Paul), Jay Paul Revocable Living Trust Dated November 9, 1999 As Amended and Restated On March 19, 2010 and As Further Amended From Time To Time and Paul Guarantor LLC | Refinance | 185,000,000 | 0 | 40,000,000 | 0 | 225,000,000 |
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | Abraham Leser; Harry Gold; Robert Schachter and Edith Leser | Refinance | 120,000,000 | 0 | 0 | 125,000 | 120,125,000 |
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | Park Intermediate Holdings LLC | Refinance | 696,600,000 | 0 | 578,400,000 | 0 | 1,275,000,000 |
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | JDM Partners Opportunity Fund III LLC | Acquisition/Refinance | 80,000,000 | 46,137,373 | 0 | 0 | 126,137,373 |
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | Pacifica Hosts, Inc. | Refinance | 41,000,000 | 0 | 0 | 0 | 41,000,000 |
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | Scott J. Seligman Revocable Living Trust Dated 12/17/92 and Scott J. Seligman | Refinance | 40,000,000 | 3,490,307 | 0 | 50,000 | 43,540,307 |
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | Richard G. Carlson; The Richard G. Carlson 1990 Revocable Trust; The Sandra K. Carlson 1990 Revocable Trust; The Brett A. Carlson 2016 Revocable Trust and The Stephanie A. Janssen 2016 Revocable Trust | Refinance | 72,000,000 | 0 | 0 | 0 | 72,000,000 |
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | Mark E. Hamister | Acquisition | 32,400,000 | 14,728,951 | 0 | 0 | 47,128,951 |
13.01 | Property | Courtyard Evansville East | ||||||||||
13.02 | Property | Hilton Garden Inn Evansville | ||||||||||
13.03 | Property | Residence Inn Columbus | ||||||||||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | R. Brian Watson | Refinance | 32,000,000 | 0 | 0 | 54,705 | 32,054,705 |
14.01 | Property | Cherry Creek Place II | ||||||||||
14.02 | Property | Cherry Creek Place I | ||||||||||
15 | Loan | GACC | DBNY | 16 E 40th Street | Nader Hakakian and Albert Monasebian | Refinance | 31,500,000 | 0 | 0 | 0 | 31,500,000 | |
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | AG Net Lease III Corp. and AG Net Lease III (SO) Corp. | Acquisition | 29,670,000 | 15,882,151 | 0 | 40,000 | 45,592,151 | |
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | Robert Siegel | Refinance | 215,000,000 | 0 | 0 | 200,000 | 215,200,000 |
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | Gabriel J. Chehebar | Refinance | 28,500,000 | 0 | 0 | 70,000 | 28,570,000 |
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | American Hotel Income Properties REIT Inc. | Acquisition | 27,500,000 | 12,862,827 | 0 | 0 | 40,362,827 |
19.01 | Property | Residence Inn - Chattanooga | ||||||||||
19.02 | Property | TownePlace Suites - Chattanooga | ||||||||||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | ||||||||||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | Ernest Delle Donne | Acquisition | 26,250,000 | 10,002,116 | 0 | 850,623 | 37,102,739 | |
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | Swig Investment Company, LLC | Refinance | 200,000,000 | 0 | 0 | 0 | 200,000,000 |
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | Kenneth Levy | Acquisition | 22,220,000 | 9,465,711 | 0 | 0 | 31,685,711 |
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | Marc Jacobowitz and Yerachmeal Jacobson | Acquisition | 21,000,000 | 9,348,255 | 0 | 288,237 | 30,636,491 |
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | M & J Wilkow, Ltd. | Acquisition | 16,250,000 | 9,860,962 | 0 | 0 | 26,110,962 |
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | Jason Illoulian and Michael Shabani | Refinance | 16,000,000 | 0 | 0 | 0 | 16,000,000 |
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | A. Brandon Denton and Thomas J. Floyd | Refinance | 15,000,000 | 0 | 0 | 0 | 15,000,000 |
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | Marriott Hilton Head Resort & Spa | Columbia Sussex Corporation and CSC Holdings, LLC | Refinance | 98,000,000 | 13,577,003 | 0 | 250,000 | 111,827,003 |
28 | Loan | CGMRC | CGMRC | West Point Office | Donald J. Marcotte and R. Brian Watson | Refinance | 13,250,000 | 0 | 0 | 45,000 | 13,295,000 | |
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | Terrence McGrath | Refinance | 13,000,000 | 0 | 0 | 0 | 13,000,000 |
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | Thomas L. Brodie and David Rothschild | Acquisition | 22,750,000 | 14,579,361 | 0 | 70,000 | 37,399,361 |
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | Prime Hospitality Group, LLC | Refinance | 10,500,000 | 0 | 0 | 53,000 | 10,553,000 |
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | Durlabhji Ukani | Acquisition | 10,500,000 | 6,258,485 | 0 | 0 | 16,758,485 |
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | Dariush Youshaei and Yosef Kohan-Ghadosh | Refinance | 9,050,000 | 0 | 0 | 0 | 9,050,000 |
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | James M. Birney and Leeshan Birney | Acquisition | 9,000,000 | 3,649,545 | 0 | 539,308 | 13,188,853 |
35 | Loan | GACC | DBNY | Publix at Shakerag | Michael Bisciotti | Acquisition | 8,925,000 | 3,406,500 | 0 | 0 | 12,331,500 | |
36 | Loan | CGMRC | CGMRC | Fairway Centre | Gerod B. Rush | Acquisition | 8,800,000 | 4,565,228 | 0 | 345,000 | 13,710,228 | |
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | Howard Yates; Mark H. Yates; Barry Nisen and Richard Stein | Acquisition | 8,625,000 | 3,492,667 | 0 | 256,453 | 12,374,120 | |
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | Donald Howell and Charles Klar | Refinance | 7,300,000 | 0 | 0 | 40,000 | 7,340,000 |
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | Robert A. Aldrich and Michael A. Vlasic | Refinance | 6,900,000 | 88,529 | 0 | 40,000 | 7,028,529 |
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | Edward P. Lorin | Acquisition | 6,826,000 | 6,880,711 | 1,124,000 | 0 | 14,830,711 |
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | Roger T. White, Jr. | Refinance | 6,475,000 | 0 | 0 | 62,000 | 6,537,000 |
41.01 | Property | 21st Center | ||||||||||
41.02 | Property | 20th Center | ||||||||||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | LTJ, LLC | Acquisition | 6,500,000 | 3,430,687 | 0 | 0 | 9,930,687 |
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | Gerod B. Rush | Acquisition | 6,100,000 | 2,477,738 | 0 | 40,000 | 8,617,738 |
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | Douglas G. Jacobs and Amended and Restated Jacobs Family Revocable Trust | Refinance | 5,750,000 | 0 | 0 | 45,000 | 5,795,000 |
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | Alexander P. Federbush and Charles E. Federbush | Refinance | 5,300,000 | 0 | 0 | 0 | 5,300,000 |
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | Dipak K. Patidar and Bharat Patel | Refinance | 5,200,000 | 0 | 0 | 0 | 5,200,000 |
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | Mary Anne Keshen | Refinance | 4,500,000 | 0 | 0 | 0 | 4,500,000 |
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | Isaac Shalom | Acquisition | 4,450,000 | 2,149,901 | 0 | 40,000 | 6,639,901 |
49 | Loan | CGMRC | CGMRC | CVS Holbrook | Dmitrii Volkov | Acquisition | 4,070,000 | 2,262,291 | 0 | 40,000 | 6,372,291 | |
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | Jacob Ramage | Acquisition | 4,000,000 | 1,929,790 | 0 | 600,387 | 6,530,177 |
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | Dmitrii Volkov | Acquisition | 3,375,000 | 1,378,167 | 0 | 576,667 | 5,329,834 | |
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | Tatyana Martynova | Acquisition | 3,300,000 | 1,693,366 | 0 | 319,220 | 5,312,586 |
A-15
CD 2017-CD3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Loan Payoff ($) | Purchase Price ($) | Closing Costs ($) | Reserves ($) | Principal Equity Distribution ($) | Other Uses ($) | Total Uses ($) | Lockbox | Cash Management |
1 | Loan | 8, 9, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | 276,954,279 | 0 | 7,422,416 | 26,295,786 | 59,327,520 | 0 | 370,000,000 | Hard | In Place |
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | 54,246,529 | 0 | 2,045,105 | 1,555,190 | 30,263,176 | 0 | 88,110,000 | Hard | Springing |
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | 559,219,752 | 0 | 19,335,900 | 12,194,250 | 34,250,099 | 0 | 625,000,000 | Hard | Springing |
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | 62,288,955 | 0 | 926,000 | 0 | 7,885,045 | 0 | 71,100,000 | Springing | Springing |
4.01 | Property | Medical Centre of Santa Monica - West | ||||||||||||
4.02 | Property | Medical Centre of Santa Monica - East | ||||||||||||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | 327,845,504 | 0 | 3,025,042 | 73,309,474 | 0 | 10,819,980 | 415,000,000 | Hard | In Place |
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | 134,943,058 | 0 | 6,133,584 | 29,617,804 | 54,305,554 | 0 | 225,000,000 | Hard | In Place |
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | 80,506,976 | 0 | 2,800,863 | 36,753,280 | 63,881 | 0 | 120,125,000 | Hard | In Place |
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | 1,255,912,700 | 0 | 8,465,540 | 0 | 10,621,760 | 0 | 1,275,000,000 | Hard | In Place |
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | 0 | 125,323,476 | 813,897 | 0 | 0 | 0 | 126,137,373 | Hard | In Place |
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | 17,571,672 | 0 | 224,187 | 71,530 | 23,132,612 | 0 | 41,000,000 | Springing | Springing |
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | 42,996,627 | 0 | 283,747 | 259,932 | 0 | 0 | 43,540,307 | Hard | Springing |
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | 67,380,273 | 0 | 1,353,434 | 1,598,048 | 0 | 1,668,245 | 72,000,000 | Hard | Springing |
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | 0 | 42,500,000 | 806,881 | 3,822,070 | 0 | 0 | 47,128,951 | Hard | Springing |
13.01 | Property | Courtyard Evansville East | ||||||||||||
13.02 | Property | Hilton Garden Inn Evansville | ||||||||||||
13.03 | Property | Residence Inn Columbus | ||||||||||||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | 25,414,748 | 0 | 488,334 | 1,864,705 | 4,286,918 | 0 | 32,054,705 | Hard | Springing |
14.01 | Property | Cherry Creek Place II | ||||||||||||
14.02 | Property | Cherry Creek Place I | ||||||||||||
15 | Loan | GACC | DBNY | 16 E 40th Street | 22,612,094 | 0 | 1,136,323 | 382,312 | 7,369,270 | 0 | 31,500,000 | Springing | Springing | |
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | 0 | 45,000,000 | 592,151 | 0 | 0 | 0 | 45,592,151 | Hard | Springing | |
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | 154,577,785 | 0 | 5,087,412 | 3,428,474 | 52,106,329 | 0 | 215,200,000 | Hard | In Place |
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | 25,417,386 | 0 | 764,979 | 6,295 | 2,381,340 | 0 | 28,570,000 | Springing | Springing |
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | 0 | 37,879,076 | 315,951 | 2,167,800 | 0 | 0 | 40,362,827 | Hard | Springing |
19.01 | Property | Residence Inn - Chattanooga | ||||||||||||
19.02 | Property | TownePlace Suites - Chattanooga | ||||||||||||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | ||||||||||||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | 0 | 35,000,000 | 1,728,446 | 374,293 | 0 | 0 | 37,102,739 | Hard | Springing | |
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | 138,599,880 | 0 | 3,789,416 | 23,330,685 | 34,280,019 | 0 | 200,000,000 | Hard | Springing |
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | 0 | 28,400,000 | 331,275 | 2,954,436 | 0 | 0 | 31,685,711 | Hard | Springing |
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | 0 | 30,000,000 | 251,323 | 385,168 | 0 | 0 | 30,636,491 | Hard | Springing |
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | 0 | 24,500,000 | 1,422,876 | 188,086 | 0 | 0 | 26,110,962 | Hard | Springing |
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | 8,354,534 | 0 | 154,478 | 5,679,741 | 1,811,247 | 0 | 16,000,000 | Hard | Springing |
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | 6,744,723 | 0 | 497,397 | 514,321 | 7,243,559 | 0 | 15,000,000 | Soft | Springing |
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | Marriott Hilton Head Resort & Spa | 106,553,280 | 0 | 402,803 | 4,870,920 | 0 | 0 | 111,827,003 | Hard | Springing |
28 | Loan | CGMRC | CGMRC | West Point Office | 10,058,849 | 0 | 364,276 | 1,498,545 | 1,373,331 | 0 | 13,295,000 | Hard | Springing | |
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | 8,012,227 | 0 | 265,072 | 3,750 | 4,718,951 | 0 | 13,000,000 | Springing | Springing |
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | 0 | 35,000,000 | 818,646 | 1,580,715 | 0 | 0 | 37,399,361 | Hard | Springing |
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | 7,190,945 | 0 | 1,769,364 | 472,163 | 1,120,528 | 0 | 10,553,000 | Hard | Springing |
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | 0 | 13,450,000 | 1,166,326 | 2,142,159 | 0 | 0 | 16,758,485 | Hard | Springing |
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | 8,335,187 | 0 | 268,824 | 444,731 | 1,259 | 0 | 9,050,000 | Springing | Springing |
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | 0 | 12,000,000 | 284,428 | 904,425 | 0 | 0 | 13,188,853 | Springing | Springing |
35 | Loan | GACC | DBNY | Publix at Shakerag | 0 | 11,900,000 | 338,875 | 92,625 | 0 | 0 | 12,331,500 | Springing | Springing | |
36 | Loan | CGMRC | CGMRC | Fairway Centre | 0 | 13,001,000 | 387,714 | 321,514 | 0 | 0 | 13,710,228 | Soft Springing | Springing | |
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | 0 | 11,500,000 | 329,129 | 544,991 | 0 | 0 | 12,374,120 | Springing | Springing | |
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | 6,559,809 | 0 | 127,165 | 599,587 | 53,440 | 0 | 7,340,000 | Springing | Springing |
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | 6,561,251 | 0 | 195,278 | 272,000 | 0 | 0 | 7,028,529 | Hard | Springing |
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | 0 | 12,100,000 | 628,656 | 2,102,055 | 0 | 0 | 14,830,711 | Soft | In Place |
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | 5,681,478 | 0 | 171,083 | 79,918 | 604,520 | 0 | 6,537,000 | Springing | Springing |
41.01 | Property | 21st Center | ||||||||||||
41.02 | Property | 20th Center | ||||||||||||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | 0 | 9,100,000 | 268,072 | 562,614 | 0 | 0 | 9,930,687 | Hard | Springing |
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | 0 | 8,450,000 | 140,323 | 27,415 | 0 | 0 | 8,617,738 | Hard | Springing |
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | 4,223,765 | 0 | 141,116 | 21,152 | 1,408,967 | 0 | 5,795,000 | Springing | Springing |
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | 4,801,248 | 0 | 172,691 | 0 | 326,061 | 0 | 5,300,000 | Springing | Springing |
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | 4,582,529 | 0 | 282,948 | 67,933 | 266,590 | 0 | 5,200,000 | Springing | Springing |
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | 3,765,787 | 0 | 149,051 | 1,489 | 583,673 | 0 | 4,500,000 | Hard | Springing |
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | 0 | 6,350,000 | 251,939 | 37,962 | 0 | 0 | 6,639,901 | Hard | Springing |
49 | Loan | CGMRC | CGMRC | CVS Holbrook | 0 | 6,200,000 | 162,804 | 9,487 | 0 | 0 | 6,372,291 | Springing | Springing | |
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | 0 | 5,150,000 | 860,127 | 520,049 | 0 | 0 | 6,530,177 | Springing | Springing |
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | 0 | 5,200,000 | 129,834 | 0 | 0 | 0 | 5,329,834 | Springing | Springing | |
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | 0 | 5,200,000 | 112,586 | 0 | 0 | 0 | 5,312,586 | Springing | Springing |
A-16
CD 2017-CD3 Annex A
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Cash Management Triggers |
1 | Loan | 8, 9, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | (i) the occurrence of an Event of Default; (ii) DSCR is less than 1.75x or Combined DSCR is less than 1.10x; (iii) the occurrence of a Mezzanine Loan Default; (iv) Lender’s receipt of a Mezzanine Loan Trigger Period Commencement Notice; (v) the occurrence of a Lease Sweep Period |
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x |
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | (i) the occurrence of an Event of Default, (ii) DSCR is less than 2.10x or Combined DSCR is less than 1.10x, (iii) the occurrence of a Mezzanine Loan Default, (iv) the occurrence of a Lease Sweep Period |
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.50x |
4.01 | Property | Medical Centre of Santa Monica - West | ||||
4.02 | Property | Medical Centre of Santa Monica - East | ||||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | (i) the occurrence of an Event of Default, (ii) DSCR<1.15x |
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | (i) the occurrence of an Event of Default, (ii) if as of any calculation date (a) a Lease Sweep Tenant Party’s credit rating by Fitch, Moody’s, or S&P is less than BBB-, Baa3 or BBB- respecively and (b) DSCR<1.41x or combined DSCR<1.10x, (iii) commencement of a Lease Sweep Period, (iv) Mezzanine Loan default |
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.30x, (iii) the occurrence of a Specified Tenant Trigger Period |
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 7.0% |
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | (i) the occurrence of an Event of Default, (ii) any Bankruptcy Action of Borrower, (iii) any Bankruptcy Action of the Guarantor, (iv) any Bankruptcy Action of an Affilated Manager, (v) DSCR is less than 1.75x, (vi) ARD Failure Event or (vii) a Major Tenant Trigger Event |
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a PIP Sweep Period |
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x |
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | (i) the occurrence of an Event of Default; (ii) DSCR is less than 1.15x, (iii) the occurrence of a Lease Sweep Period |
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.30x |
13.01 | Property | Courtyard Evansville East | ||||
13.02 | Property | Hilton Garden Inn Evansville | ||||
13.03 | Property | Residence Inn Columbus | ||||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Specified Tenant Trigger Period |
14.01 | Property | Cherry Creek Place II | ||||
14.02 | Property | Cherry Creek Place I | ||||
15 | Loan | GACC | DBNY | 16 E 40th Street | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.35x | |
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Specified Tenant Trigger Period | |
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) Bankruptcy Action of Borrower, Guarantor or Manager |
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) the occurrence of a Specified Tenant Trigger Period |
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x |
19.01 | Property | Residence Inn - Chattanooga | ||||
19.02 | Property | TownePlace Suites - Chattanooga | ||||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | ||||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Specified Tenant Trigger Period | |
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) any bankruptcy or insolvency of any Specified Tenant, (iv) any termination or cancellation of any Specified Tenant Lease, (v) any Specified Tenant being in monetary default with respect to the payment of base rent or material monetary or material non-monetary default under any applicable Specified Tenant Lease beyond applicable notice and cure periods, (vi) any Specified Tenant failing to be in actual, physical possession of such Specified Tenant’s space, which (x) with respect to the Specified Lease with Foot Locker Retail, Inc., WeWork Lease or with respect to any other Specified Tenant which is a retail Tenant shall mean such Tenant fails to be open to the public during customary business hours in excess of 30 consecutive days, (vii) any Specified Tenant giving notice that it is terminating its Specified Tenant Lease for any material portion of such Specified Tenant’s demised space. |
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Lease Sweep Period |
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Specified Tenant Trigger Period, (iv) the monthly payment date occurring in January 2026 |
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x |
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.60x, (iii) the occurrence of a Lease Sweep Period |
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x |
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | 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 |
28 | Loan | CGMRC | CGMRC | West Point Office | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Specified Tenant Trigger Period | |
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x |
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Specified Tenant Trigger Period |
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | (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; (v) the occurrence of a Manager Bankruptcy Event |
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x |
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the commencement of a Lease Sweep Period |
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) the occurrence of a Specified Tenant Trigger Period |
35 | Loan | GACC | DBNY | Publix at Shakerag | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) Bankruptcy Action of Borrower, Guarantor or Manager | |
36 | Loan | CGMRC | CGMRC | Fairway Centre | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) the occurrence of a Specified Tenant Trigger Period | |
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x | |
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | (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 |
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Specified Tenant Trigger Period |
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.43x of Combined DSCR is less than 1.05x, (iii) the occurrence of a Current Mezzanine Default |
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x |
41.01 | Property | 21st Center | ||||
41.02 | Property | 20th Center | ||||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) commencement of a Lease Sweep Period |
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x |
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x |
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.65x, (iii) commencement of a Lease Sweep Period |
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.30x, (iii) occurrence of a PIP Cash Flow Sweep Period |
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.55x, (iii) the occurrence of a Lease Sweep Period |
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Specified Tenant Trigger Period |
49 | Loan | CGMRC | CGMRC | CVS Holbrook | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) the occurrence of a Specified Tenant Trigger Period | |
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x |
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) the occurrence of a Specified Tenant Trigger Period | |
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) the occurrence of a Specified Tenant Trigger Period |
A-17
CD 2017-CD3 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, 10, 11, 12, 13, 14 | GACC, CGMRC | DBNY | 229 West 43rd Street Retail Condo | No | 185,000,000.00 | 85,000,000 | 7.9200% | Yes | 1 | ||||
2 | Loan | 15, 16 | CGMRC | CGMRC | 1384 Broadway | No | Yes | 2 | |||||||
3 | Loan | 17, 18, 19, 20 | GACC | DBNY, WF | 85 Tenth Avenue | No | 180,000,000.00 | 141,000,000.00 | 3.8206% | 229,000,000 | 5.8114% | Yes | 3 | ||
4 | Loan | 21, 22, 23, 24 | CGMRC | CGMRC | Medical Centre of Santa Monica | Yes | 12/31/2075 | 70,000 | Yes | 4 | |||||
4.01 | Property | Medical Centre of Santa Monica - West | Yes | Yes | 4.01 | ||||||||||
4.02 | Property | Medical Centre of Santa Monica - East | Yes | Yes | 4.02 | ||||||||||
5 | Loan | 25, 26, 27, 28, 29 | GACC | GACC | Prudential Plaza | No | 345,000,000.00 | Yes | 5 | ||||||
6 | Loan | 30, 31, 32, 33, 34 | GACC | DBNY | Moffett Place Google | No | 115,000,000.00 | 40,000,000 | 6.5000% | Yes | 6 | ||||
7 | Loan | 33, 35, 36, 37, 38 | GACC, CGMRC | CGMRC, DBNY | 111 Livingston Street | No | 53,000,000.00 | Yes | 7 | ||||||
8 | Loan | 39, 40, 41, 42 | GACC | JPMCB, DBNY, GSMC, Barclays, MSBNA | Hilton Hawaiian Village Waikiki Beach Resort | Yes | 7/31/2035 | 153,140 | 636,600,000.00 | 578,400,000.00 | 4.1995% | Yes | 8 | ||
9 | Loan | 43, 44, 45 | GACC | DBNY | State Farm Data Center | No | 25,000,000.00 | Yes | 9 | ||||||
10 | Loan | 46 | GACC | DBNY | Courtyard Century City | No | Yes | 10 | |||||||
11 | Loan | 47 | CGMRC | CGMRC | Silverado Ranch | No | Yes | 11 | |||||||
12 | Loan | 19, 48, 49, 50, 51 | GACC | DBNY | Summit Place Wisconsin | No | 32,000,000.00 | Yes | 12 | ||||||
13 | Loan | 52, 53, 54, 55, 56 | GACC | DBNY | Dunn Hospitality Portfolio | No | Yes | 13 | |||||||
13.01 | Property | Courtyard Evansville East | No | Yes | 13.01 | ||||||||||
13.02 | Property | Hilton Garden Inn Evansville | No | Yes | 13.02 | ||||||||||
13.03 | Property | Residence Inn Columbus | No | Yes | 13.03 | ||||||||||
14 | Loan | 57, 58 | CGMRC | CGMRC | Cherry Creek Place I & II | No | Yes | 14 | |||||||
14.01 | Property | Cherry Creek Place II | No | Yes | 14.01 | ||||||||||
14.02 | Property | Cherry Creek Place I | No | Yes | 14.02 | ||||||||||
15 | Loan | GACC | DBNY | 16 E 40th Street | No | Yes | 15 | ||||||||
16 | Loan | CGMRC | CGMRC | K2M Leesburg HQ | No | Yes | 16 | ||||||||
17 | Loan | 59, 60 | CGMRC | CGMRC, UBS | 681 Fifth Avenue | No | 186,500,000.00 | Yes | 17 | ||||||
18 | Loan | 61 | CGMRC | CGMRC | 166 Geary Street | No | Yes | 18 | |||||||
19 | Loan | 62, 63 | GACC | DBNY | AHIP FLTN 3-Pack | No | Yes | 19 | |||||||
19.01 | Property | Residence Inn - Chattanooga | No | Yes | 19.01 | ||||||||||
19.02 | Property | TownePlace Suites - Chattanooga | No | Yes | 19.02 | ||||||||||
19.03 | Property | Fairfield Inn & Suites - Jacksonville West/Chaffee Point | No | Yes | 19.03 | ||||||||||
20 | Loan | CGMRC | CGMRC | Christiana Executive Campus | No | Yes | 20 | ||||||||
21 | Loan | 64, 65 | CGMRC | CGMRC | 8 Times Square & 1460 Broadway | No | 175,000,000.00 | Yes | 21 | ||||||
22 | Loan | 66, 67 | GACC | DBNY | 5400 Fulton | No | Yes | 22 | |||||||
23 | Loan | 68 | CGMRC | CGMRC | Midtown Crossing | No | Yes | 23 | |||||||
24 | Loan | 67 | GACC | DBNY | Plaza at the Pointe | No | Yes | 24 | |||||||
25 | Loan | 69, 70 | GACC | DBNY | Melrose Place | No | Yes | 25 | |||||||
26 | Loan | 71 | GACC | DBNY | Patriot Crossing | No | Yes | 26 | |||||||
27 | Loan | 72, 73, 74 | CGMRC | CGMRC | Marriott Hilton Head Resort & Spa | No | 82,466,449.23 | Yes | 27 | ||||||
28 | Loan | CGMRC | CGMRC | West Point Office | No | Yes | 28 | ||||||||
29 | Loan | 75, 76 | GACC | DBNY | Safe Storage Oakland | No | Yes | 29 | |||||||
30 | Loan | 33, 77, 78, 79, 80 | CGMRC | CGMRC | Parts Consolidation Center | No | 10,000,000.00 | Yes | 30 | ||||||
31 | Loan | 81, 82, 83, 84 | CGMRC | CGMRC | Fairfield Inn & Suites Delray Beach | Yes | 4/2/2052 | 1 | Yes | 31 | |||||
32 | Loan | 85, 86, 87, 88 | GACC | DBNY | Comfort Inn & Suites Pittsburgh | No | Yes | 32 | |||||||
33 | Loan | 89, 90 | GACC | DBNY | Olivewood Plaza | No | Yes | 33 | |||||||
34 | Loan | 91 | CGMRC | CGMRC | 8 Beltway Flex Center | No | Yes | 34 | |||||||
35 | Loan | GACC | DBNY | Publix at Shakerag | No | Yes | 35 | ||||||||
36 | Loan | CGMRC | CGMRC | Fairway Centre | No | Yes | 36 | ||||||||
37 | Loan | CGMRC | CGMRC | Kingsville Pointe Apartments | No | Yes | 37 | ||||||||
38 | Loan | 92, 93 | CGMRC | CGMRC | Hampton Inn & Suites Surprise | No | Yes | 38 | |||||||
39 | Loan | 94, 95 | CGMRC | CGMRC | 5042 Technology Parkway | No | Yes | 39 | |||||||
40 | Loan | 96, 97 | GACC | DBNY | Key Vista Apartments | No | 1,124,000 | 14.0000% | Yes | 40 | |||||
41 | Loan | 98 | CGMRC | CGMRC | 21st Center and 20th Center | No | Yes | 41 | |||||||
41.01 | Property | 21st Center | No | Yes | 41.01 | ||||||||||
41.02 | Property | 20th Center | No | Yes | 41.02 | ||||||||||
42 | Loan | 67, 99 | GACC | DBNY | County of Tulare Building | No | Yes | 42 | |||||||
43 | Loan | 100 | CGMRC | CGMRC | Village at Timberwilde | No | Yes | 43 | |||||||
44 | Loan | 101 | CGMRC | CGMRC | Orangecrest Self Storage | No | Yes | 44 | |||||||
45 | Loan | 102, 103 | GACC | DBNY | 180 Main Avenue | No | Yes | 45 | |||||||
46 | Loan | 104 | GACC | DBNY | HIE Cocoa | No | Yes | 46 | |||||||
47 | Loan | 105 | GACC | DBNY | Walgreens Albuquerque | No | No | 47 | |||||||
48 | Loan | 106 | CGMRC | CGMRC | 2901-2911 North Sheffield | No | Yes | 48 | |||||||
49 | Loan | CGMRC | CGMRC | CVS Holbrook | No | Yes | 49 | ||||||||
50 | Loan | 107 | CGMRC | CGMRC | Metuchen Self Storage | No | Yes | 50 | |||||||
51 | Loan | CGMRC | CGMRC | Walgreens Dorchester | No | Yes | 51 | ||||||||
52 | Loan | CGMRC | CGMRC | Walgreens Walterboro | No | Yes | 52 |
A-18
Footnotes to Annex A
(1) | The Administrative Fee Rate includes the Servicing Fee Rate, the Operating Advisor 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 Balance of $100,000,000 represents the non-controlling notes A-4-B, A-5, A-7 and A-8 comprising a portion of a $285,000,000 Loan Combination evidenced by nine pari passu notes. The controlling note A-1 and non-controlling note A-6, which have an aggregate outstanding principal balance as of the Cut-off Date of $75,000,000, were contributed to the CD 2016-CD2 securitization transaction. The non-controlling notes A-2 and A-3 which have an aggregate outstanding principal balance as of the Cut-off Date of $80,000,000, are currently held by Deutsche Bank AG, New York Branch (“DBNY”) or an affiliate and are expected to be contributed to one or more future commercial mortgage securitization transactions. The non-controlling note A-4-A, which has an outstanding principal balance as of the Cut-off Date of $30,000,000, is currently held by Citigroup Global Markets Realty Corp. or an affiliate and is expected to be contributed to one or more future commercial mortgage securitization transactions. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $285,000,000. |
(9) | The Second Largest Tenant, National Geographic, has signed a lease but has not yet taken occupancy of its leased space and has not yet begun paying rent. At origination, the borrower deposited $11,517,808 for free rent, tenant improvement allowances and leasing commissions related to National Geographic. |
(10) | The lockout period will be at least 27 payment dates beginning with and including the first payment date of December 6, 2016. For the purposes of this preliminary prospectus, the assumed lockout period of 27 months is based on the expected CD 2017-CD3 securitization closing date in February 2017. The actual lockout period may be longer. |
(11) | The Third Largest Tenant, Gulliver’s Gate, has signed a lease but has not yet taken occupancy of its leased space. At origination, the borrower deposited $5,518,113 for free rent, tenant improvement allowances and leasing commissions related to Gulliver’s Gate. |
(12) | The Mortgaged Property’s Appraised Value ($) represents the “hypothetical as-is” appraised value, which assumes the remaining contractual obligations consisting of free rent, leasing commissions, tenant improvements and capital improvements, totaling approximately $24.2 million, as of October 1, 2016, have been expended. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) are calculated based upon the Mortgaged Property’s Appraised Value ($) of $470,000,000. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) based on the “as-is” appraised value of $445,000,000 are 64.0% and 64.0%, respectively. |
A-19
(13) | The 2016 cash flows represent actual operations for November 2015 through August 2016 and have been annualized. The borrower sponsor acquired the retail condominium portion of the Mortgaged Property in October 2015. |
(14) | See “Description of the Mortgage Pool-Non-Recourse Carveout Limitations” in this Preliminary Prospectus for more information regarding the sponsor of the 229 West 43rd Street Retail Condo Loan. |
(15) | The Upfront TI/LC Reserve ($) deposit of $1,000,000 is equal to the TI/LC Caps ($) amount, and therefore Ongoing TI/LC Reserve ($) deposits are suspended. If at any time the TI/LC Reserve is drawn down below $500,000, the borrower is obligated to make Ongoing TI/LC Reserve ($) deposits of $17,788 per month until the TI/LC Reserve balance reaches $1,000,000. |
(16) | The Fourth Largest Tenant, Business Journals, Inc., is not in occupancy but is still paying rent. Business Journals, Inc. was acquired by UBM PLC in April of 2016. UBM PLC is rated Baa3 by Moody’s Investors Service, Inc. and BBB- by S&P Global Ratings. |
(17) | The Third Largest Tenant, Level 3, currently leases two spaces at the Mortgaged Property totaling 113,012 SF comprised of: (i) 56,000 SF expiring in June 2017, and (ii) 57,012 SF expiring in January 2023. |
(18) | The Mortgaged Property is a 632,584 SF mixed use property consisting of a 583,513 SF office component, 26,496 SF of storage space and a 22,575 SF retail component. |
(19) | The lockout period will be at least 26 payment dates beginning with and including the first payment date of January 6, 2017. For the purposes of this preliminary prospectus, the assumed lockout period of 26 months is based on the expected CD 2017-CD3 securitization closing date in February 2017. The actual lockout period may be longer. |
(20) | The Cut-off Date Balance of $75,000,000 represents notes A-1-C1 and A-1-C2 comprising a portion of a $396,000,000 Loan Combination evidenced by six senior pari passu notes (collectively, the “Senior Loan Combination”), which have an aggregate outstanding principal balance as of the Cut-off Date of $255,000,000 and two subordinate notes B-1 and B-2, which have an aggregate outstanding principal balance as of the Cut-off Date of $141,000,000. Notes A-1-S and A-2-S, which have an outstanding aggregate principal balance as of the Cut-off Date of $130,000,000, along with Notes B-1 and B-2, were contributed to the DBWF 2016-85T securitization transaction. Notes A-2-C1 and A-2-C2, which have an aggregate outstanding principal balance as of the Cut-off Date of $50,000,000, are currently held by Wells Fargo Bank, National Association or an affiliate and are expected to be contributed to one or more future commercial mortgage securitization transactions. Under the related Co-Lender Agreement, the DBWF 2016-85T Mortgage Trust is the designated “controlling holder”, but there is no “controlling class” or “directing holder” under the related Outside Servicing Agreement. See “Description of the Mortgage Pool—The Loan Combinations—The 85 Tenth Avenue Loan Combination—Consultation and Control” in this preliminary prospectus. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Senior Loan Combination Cut-off Date Balance of $255,000,000. |
(21) | The annual ground lease payment is equal to (i) the base annual rent of $70,000 plus (ii) an additional payment of 5% of gross receipts over a specified floor amount which may increase annually by an amount equal to the increase, if any, in certain operating costs for the leased premises over the preceding year, as more particularly described in the ground lease. |
(22) | The “as-is” appraised values, as well as the Allocated Cut-off Date Loan Amount ($) presented for the Medical Centre of Santa Monica - East building and the Medical Centre of Santa Monica - West building were allocated based on the weighted average Underwritten Net Cash Flow for each Mortgaged Property. |
(23) | Providence Health System – Southern California leases 23,636 SF across 3 spaces in the Medical Centre of Santa Monica - West building and 10,840 SF across 6 spaces in the Medical Centre of Santa Monica - East building. 1,250 SF expires in 2018, 5,577 SF expires in 2020, 6,253 SF expires in 2021, 12,218 SF expires in 2022 and 9,178 SF expires in 2023. |
(24) | The Second Largest Tenant, The Regents of the University of California, leases 22,742 SF across 4 spaces in the Medical Centre of Santa Monica - West building. 12,405 SF expires in 2018 and 10,337 SF expires in 2021. |
A-20
(25) | At origination, the borrower deposited $12,911,435 into a rent abatement fund for monthly payments through June 2017 for free rents, of which $2,416,178 remains outstanding as of January 1, 2017. $152,280 of such remaining amount relates to Optiver US LLC and the remaining portion of the reserve relates to rent abatement periods for other smaller tenants. In addition, the Largest Tenant, Wilson, will be entitled to a rent abatement on the first month of each year during the lease term, which has not been reserved for. The Second Largest Tenant, Optiver US LLC, has a rent abatement period from May 2017 to October 2017 and a rent abatement period from May 2018 to September 2018. The first two months of the six-month free rent period in 2017 has been reserved for. However, the remaining four months of such free rent period in 2017 and the free rent period in 2018 have not been reserved for. The Third Largest Tenant, Clark Hill, has a rent abatement period from January 2017 to July 2017, which has not been reserved for. The Fifth Largest Tenant, CBS Radio Holdings Corp., has a rent abatement period from May 2018 to December 2019, which has not been reserved for. |
(26) | The Largest Tenant, Wilson, has signed a lease to occupy 87,386 SF, which will commence in January 2018. The Second Largest Tenant, Optiver US LLC, currently occupies approximately 73,779 SF at the Mortgaged Property, and has entered into a lease to occupy an additional approximately 25,420 SF, which will commence in May 2017. |
(27) | On July 26, 2016, the holder of the non-controlling Note A-3-1, together with the other non-controlling pari passu companion notes (the “REMIC Election Notes”) made a REMIC election with respect to the REMIC Election Notes. As such, the defeasance lockout period for the Prudential Plaza Loan Combination will continue through the first business day after July 26, 2018. For additional information regarding the REMIC Election Notes, see “Material Federal Income Tax Considerations” in this Preliminary Prospectus. |
(28) | Commencing on the payment date in August 2016, on a monthly basis, the borrower was required to deposit $236,236 in a future leasing reserve account until August 2018, on which date the amount will increase to $377,978. Such monthly deposits will no longer be required if (i) 85% of the Mortgaged Property’s net rentable area is leased or (ii) a transfer or assumption of the Mortgaged Property with a third party in an arm’s length transaction occurs; provided that in either case monthly deposits of $238,344 will be required if the future leasing reserve balance drops below $5,000,000 for so long as it is less than $10,000,000. |
(29) | The Cut-off Date Balance of $70,000,000 represents the non-controlling notes A-3-2 and A-4-1 comprising a portion of a $415,000,000 Loan Combination evidenced by eight pari passu notes. The controlling note A-1, which has an outstanding principal balance as of the Cut-off Date of $115,000,000, was contributed to the COMM 2015-CCRE26 securitization transaction. The non-controlling note A-2-1, which has an outstanding principal balance as of the Cut-off Date of $50,000,000 was contributed to the CD-2016-CD1 securitization transaction. The non-controlling notes A-2-2 and A-3-3, which have an aggregate outstanding principal balance as of the Cut-off Date of $75,000,000 were contributed to the CD 2016-CD2 securitization transaction. The non-controlling note A-3-1, which has an outstanding principal balance as of the Cut-off Date of $40,000,000 was contributed to the COMM 2016-COR1 securitization transaction. The non-controlling note A-4-2 which has an outstanding principal balance as of the Cut-off Date of $65,000,000 is currently held by DBNY or an affiliate and is expected to be contributed to one or more future commercial mortgage securitization transactions. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $415,000,000. |
(30) | The Mortgaged Property’s Appraised Value ($) represents the “As Stabilized” appraised value, which assumes the remaining contractual obligations consisting of free rent, leasing commission and tenant improvements have been fulfilled and the Mortgaged Property is leased at a market rent level as of the effective date of value. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) are calculated based upon the Mortgaged Property’s Appraised Value ($) of $311,100,000. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) based on the “as-is” appraised value of $272,500,000 are 67.9% and 62.5%, respectively. |
(31) | The Original Balance ($), Cut-off Date Balance ($), Allocated Cut-off Date Loan Amount ($), Balloon Balance and Underwritten NCF DSCR (x) were calculated based on a non-standard amortization schedule attached to the preliminary prospectus as Annex G-1. The Underwritten NCF DSCR (x) was calculated using an Annual Debt Service equal to the first twelve (12) amortizing payments following the initial interest only period. |
(32) | The sole tenant, Google Inc. (314,352 SF), has signed a lease and taken delivery of its leased space, but is not yet in occupancy and has not yet begun paying rent. Google Inc. accepted possession of its space on December 1, 2016 and has commenced the design of the buildout of its space. At origination, the borrower deposited $29,364,788 for free rent and tenant improvement allowances related to Google Inc. |
A-21
(33) | The lockout period will be at least 25 payment dates beginning with and including the first payment date of February 6, 2017. For the purposes of this preliminary prospectus, the assumed lockout period of 25 months is based on the expected CD 2017-CD3 securitization closing date in February 2017. The actual lockout period may be longer. |
(34) | The Cut-off Date Balance of $70,000,000 represents the controlling note A-1 and non-controlling note A-3 comprising a portion of a $185,000,000 Loan Combination evidenced by six pari passu notes. The non-controlling notes A-2, A-4, A-5 and A-6, which have an aggregate outstanding principal balance as of the Cut-off Date of $115,000,000, are currently held by DBNY or an affiliate and are expected to be contributed to one or more future commercial mortgage securitization transactions. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $185,000,000. |
(35) | The Cut-off Date Balance ($) of $67,000,000 represents the controlling note A-1 and non-controlling note A-3, with outstanding principal balances as of the Cut-off Date of $38,000,000 and $29,000,000, respectively, comprising a portion of a $120,000,000 Loan Combination evidenced by four pari passu notes. The non-controlling note A-2 with an outstanding principal balance as of the Cut-off Date of $29,000,000 is currently held by Citigroup Global Markets Realty Corp. and is expected to be contributed to a future securitization transaction. The non-controlling note A-4 with an outstanding principal balance as of the Cut-off Date of $24,000,000 is currently held by Deutsche Bank AG, New York Branch and is expected to be contributed to a future securitization transaction. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $120,000,000. |
(36) | At the origination of the 111 Livingston Street Loan, the borrower funded an economic holdback reserve in the amount of $29,490,000. The economic holdback reserve will be disbursed upon (i) the borrower submitting to lender a request for disbursement, (ii) the borrower delivering the NYS Workers Comp lease extension, (iii) no event of default is continuing and (iv) the debt yield on Underwritten Net Cash Flow is equal to or greater than 7.0% on both the date that borrower requests disbursement and the date on which the disbursement is made. |
(37) | The borrower has the right to release a portion of the Mortgaged Property in connection with the imposition of a leasehold condominium at any time other than the sixty (60) days prior to and following any secondary market transaction provided that certain conditions are satisfied. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases” in this preliminary prospectus. |
(38) | The Fifth Largest Tenant, Brooklyn Law School, occupying approximately 9.4% of the net rentable square footage at the Mortgaged Property, has yet to take full occupancy at the Mortgaged Property. At origination, Brooklyn Law School had taken possession of its space on the 21st floor and is expected to take occupancy of its space on the 20th floor on February 1, 2017. |
(39) | The Mortgaged Property has a partial leasehold interest in approximately 5,900 SF that contains a small apartment building with 45 rental units pursuant to a ground lease that expires on July 31, 2035. The ground lease currently requires monthly rent of approximately $12,762 from August 1, 2016 through July 31, 2017, on which date the annual monthly payment will increase by 3% each year through 2035. |
(40) | The lockout period will be at least 27 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 27 months is based on the expected CD 2017-CD3 securitization closing date in February 2017. The actual lockout period may be longer. |
(41) | The Cut-off Date Balance of $60,000,000 represents the non-controlling note A-2-B-1 comprising a portion of a $1,275,000,000 Loan Combination evidenced by 16 senior pari passu notes (collectively, the “Senior Loan Combination” ) and 5 subordinate notes. The controlling note A-1-A and the non-controlling notes A-1-B, A-1-C, A-1-D and A-1-E, which have an aggregate outstanding principal balance as of the Cut-off Date of $171,600,000, and subordinate notes, which have an aggregate outstanding principal balance as of the Cut-off Date of $578,400,000, were contributed to the Hilton USA Trust 2016-HHV securitization transaction. The non-controlling note A-2-A-1, which has an outstanding principal balance as of the Cut-off Date of $94,000,000, was contributed to the JPMCC 2016-JP4 securitization transaction. The non-controlling notes A-2-A-2, A-2-A-3 and A-2-A-4, which have an aggregate outstanding principal balance as of the Cut-off Date of $142,250,000, are currently held by JPMorgan Chase Bank, National Association or an affiliate and are expected to be contributed to one or more |
A-22
future commercial mortgage securitization transactions. The non-controlling note A-2-B-2, which has an outstanding principal balance as of the Cut-off Date of $56,625,000, is currently held by DBNY or an affiliate. The non-controlling note A-2-B-3, which has an outstanding principal balance as of the Cut-off Date of $56,625,000, was contributed to the CFCRE 2016-C7 securitization transaction. The non-controlling notes A-2-D-1 and A-2-D-2, which have an aggregate outstanding principal balance as of the Cut-off Date of $63,000,000, were contributed to the MSBAM 2016-C32 securitization transaction. The non-controlling notes A-2-E-1 and A-2-E-2, which have an aggregate outstanding principal balance as of the Cut-off Date of $52,500,000, were contributed to the WFCM 2016-C37 securitization transaction. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Senior Loan Combination Cut-off Date Balance of $696,600,000. | |
(42) | The Hilton Hawaiian Village Waikiki Beach Resort Loan documents permit, after the expiration of the lockout period, the release from the lien of the mortgage of a portion of the Mortgaged Property (the “Taran Outparcel”), provided, among other things, the borrower pays a release price of $2,500,000 together with the applicable yield maintenance premium. In addition, the Hilton Hawaiian Village Waikiki Beach Resort Loan documents permit, after the expiration of the lockout period, the release of retail and other parcels at the Mortgaged Property provided, among other things the release does not materially and adversely affect the ongoing operations of the Mortgaged Property (other than the lost income associated with the parcels being released) and the borrower pays a release price equal to the product of, (1) with respect to the release of any retail parcels (which are identified in the loan documents) (a) 110% and (b) the product of (i) the greater of (A) 100% of the difference in value of the Mortgaged Property including the release parcel and excluding the release parcel (based on a new appraisal) or (B) the net sales proceeds and (ii) 57.2%, together with the applicable yield maintenance premium and (2) with respect to the release of any other parcels (excluding the Taran Outparcel and excluding any identified retail parcels), (a) 110% and (b) the product of (i) 100% of difference in value of the Mortgaged Property including the release parcel and excluding the release parcel (based on a new appraisal) and (ii) 57.2%, together with the applicable yield maintenance premium. With respect to each partial release described above, the borrower is not required to pay a yield maintenance premium during the open period for the Hilton Hawaiian Village Waikiki Beach Resort Loan Combination. In addition, in the event that after any partial release contemplated above, the loan to value ratio for the Hilton Hawaiian Village Waikiki Beach Resort Loan Combination is greater than 125%, such release will not be permitted unless the borrower pays down the Hilton Hawaiian Village Waikiki Beach Resort Loan Combination in accordance with the loan documents or the lender receives an opinion of counsel that the issuing entity will not fail to maintain its status as a REMIC as a result of the release. |
(43) | Loan proceeds were used to fund the sponsor’s acquisition of the Mortgaged Property with an acquisition price equal to $125,323,476, which is inclusive of a loan payoff of a short term bridge loan of approximately $79,040,465. |
(44) | The Mortgage Loan has an ARD feature with an anticipated repayment date of February 6, 2027, with an increase in the interest rate equal to the greater of (i) the ARD Treasury Note Swap Rate (as defined below) plus 2.00000% and (ii) 6.64000%, until the Final Maturity Date of November 6, 2031. The “ARD Treasury Note Swap Rate” is the rate of interest per annum calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading “Interest Rate Swaps” (or if no longer published, a comparable publication selected by lender) for the business day ending immediately prior to the ARD, of “Interest Rate Swaps” with maturity dates (one longer and one shorter) most nearly approximating the final maturity date. If as of the due date immediately preceding the ARD or as of the ARD, (i) the State Farm lease is no longer in full force and effect, (ii) there exists a Major Tenant Trigger Event Period (as defined in the loan documents), or (iii) there exists a Cash Sweep Event Period (as defined in the loan documents), other than solely due to the ARD, the final maturity date of the State Farm Data Center Loan Combination shall be, without notice and without requirement for any action on the part of the borrower or lender, the ARD. |
(45) | The Cut-off Date Balance of $55,000,000 represents the controlling note A-1 comprising a portion of an $80,000,000 Loan Combination evidenced by two pari passu notes. The non-controlling note A-2, which has an outstanding principal balance as of the Cut-off Date of $25,000,000, is currently held by DBNY or an affiliate and is expected to be contributed to one or more future commercial mortgage securitization transactions. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net |
A-23
Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $80,000,000. | |
(46) | On each monthly payment date, the borrower is required to deposit the greater of (i) 4% of the prior month’s revenue, (ii) the then-current amount required by the management agreement or (iii) the then-current amount required by the franchise agreement for approved capital expenditures and the repair and replacement of the FF&E into the Ongoing Replacement Reserve ($). |
(47) | The Fourth Largest Tenant, Longs Drugs/CVS, occupying approximately 7.5% of the net rentable square footage at the Mortgaged Property, has subleased its space to Office Depot since 2001. |
(48) | The borrower is required to deposit $116,325 on each monthly payment date occurring in January, February, March and April 2017 into the Brookdale Rollover Deposits Reserve. |
(49) | The Largest Tenant, Brookdale Senior Living, currently leases 185,399 SF at the Mortgaged Property comprised of: (i) 657 SF of storage space expiring in December 2017, and (ii) 184,742 SF expiring in April 2024. |
(50) | The Second Largest Tenant, Children’s Hospital of Wisconsin, currently leases 132,362 SF at the Mortgaged Property comprised of: (i) 3,290 SF expiring in May 2019, (ii) 2,655 SF expiring in August 2019, (iii) 31,204 SF expiring in December 2019, (iv) 3,549 SF expiring in June 2020 and (v) 91,664 SF expiring in July 2026. |
(51) | The Cut-off Date Balance of $40,000,000 represents the controlling note A-1 comprising a portion of a $72,000,000 Loan Combination evidenced by two pari passu notes. The non-controlling note A-2, which has an outstanding principal balance as of the Cut-off Date of $32,000,000, is currently held by DBNY or an affiliate and is expected to be contributed to one or more future commercial mortgage securitization transactions. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $72,000,000. |
(52) | The borrower deposited $120,000 into a seasonal working capital funds reserve and is required to make ongoing seasonal working capital funds reserve deposits of $20,000 on each monthly payment date in May through and including October of each year. So long as no event of default then exists under the Mortgage Loan, ongoing seasonal working capital funds reserve payments will be suspended for any period during which the balance in the seasonal working capital funds reserve is equal to or greater than $120,000. Upon the borrower’s request at any time beginning on the monthly payment date in January 2019, if based on the Underwritten Net Cash Flow for the 12 month period preceding such request, the debt service coverage ratio is at least 1.20x the borrower’s obligation to make ongoing seasonal working capital funds reserve deposits will no longer be applicable. |
(53) | After the commencement of the third year of the loan term and upon determination that the PIP work has been completed, funds on deposit in the FF&E Reserve account shall not be required to exceed $3,125,000 |
(54) | On each monthly payment date, the borrower is required to deposit (i) during the first year of the loan term, 2% of prior month’s revenue, (ii) during the second year of the loan term, 3% of prior month’s revenue, and (iii) after the commencement of the third year loan term, the greater of (a) 4% of prior month’s revenue, (b) the then-current amount required by the management agreement or (c) the then-current amount required by the franchise agreement for approved capital expenditures and the repair and replacement of the FF&E into the Ongoing Replacement Reserve ($). |
(55) | The Mortgaged Property’s Appraised Value ($) represents the “as complete” appraised values for the Dunn Hospitality Portfolio properties, which assumes the completion of the PIP renovation and that the Mortgaged Property achieves higher occupancy and average daily rate as a result of the PIP. At loan origination, the borrower reserved $3,600,000 in a PIP Reserve. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) are calculated based upon the Mortgaged Property’s Appraised Value ($) of $48,000,000. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) based on the “as-is” appraised value of $42,500,000 are 76.1% and 63.0%, respectively. |
(56) | The Dunn Hospitality Portfolio Loan allows, on any date after the expiration of the lockout period, the borrower to obtain the release of an individual property upon a bona fide third-party sale provided, among other things, (i) defeasance of an amount equal to the greater of 115% of the allocated loan amount of the Mortgaged Property being released and 100% of net sales proceeds of such Mortgaged Property (which must be at least 94% of gross sales proceeds), (ii) the debt service coverage ratio of the remaining Mortgaged Properties must be no less than |
A-24
the greater of the debt service coverage ratio immediately preceding such sale and 1.62x and (iii) the loan to value ratio of the remaining Mortgaged Properties must be no more than the lesser of the loan-to-value ratio immediately preceding such sale and 67.5%. | |
(57) | The “as-is” appraised values, as well as the Allocated Cut-off Date Loan Amount ($) presented for Cherry Creek Place I and Cherry Creek Place II were allocated based on the weighted average Underwritten Net Cash Flow for each Mortgaged Property. |
(58) | Historical cash flows for 2013 are unavailable because the Mortgaged Property was acquired in October 2014. |
(59) | The Cut-off Date Balance of $28,500,000 represents the non-controlling note A-6 of a $215,000,000 Loan Combination evidenced by six pari passu notes. The controlling note A-1 has an outstanding principal balance as of the Cut-off Date of $80,000,000 and was contributed to the MSC 2016-UBS12 securitization transaction. The non-controlling note A-5 has an outstanding principal balance as of the Cut-off Date of $57,500,000 and was contributed to the CGCMT 2016-P6 transaction. The non-controlling notes A-2 and A-4, with outstanding principal balances as of the Cut-off Date of $15,000,000 and $19,000,000, respectively, were contributed to the CFCRE 2016-C7 securitization transaction. The non-controlling note A-3 has an outstanding principal balance as of the Cut-off Date of $15,000,000 and was contributed to the CSMC 2016-NXSR securitization transaction. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $215,000,000. |
(60) | The Second Largest Tenant, Belstaff USA, currently leases three spaces at the Mortgaged Property totaling 17,505 SF comprised of: (i) 5,835 SF expiring in February 2017, (ii) 5,835 SF subleased to Forall USA, Inc. expiring in April 2022 and (iii) 5,835 SF subleased to MCM expiring in February 2027. |
(61) | Historical cash flows are unavailable solely for the retail collateral portion of the Mortgaged Property because the vertical subdivision was created at origination of the Mortgage Loan. |
(62) | Beginning with the payment date in November 2018, the borrower is required to deposit the greater of (i) 4% of the prior month’s revenue and (ii) the then-current amount required by the franchise agreement for FF&E into the Ongoing Replacement Reserve ($). In lieu of making Ongoing Replacement Reserve ($) deposits, the borrower may deliver a letter of credit equal to one year’s required FF&E deposits. |
(63) | The AHIP FLTN 3-Pack Loan allows, on any date after the expiration of the lockout period, the borrower to obtain the release of an individual property upon a bona fide third-party sale provided, among other things, (i) defeasance of an amount equal to 110% of the allocated loan amount of the Mortgaged Property being released, (ii) the debt service coverage ratio of the remaining Mortgaged Properties must be no less than the greater of the debt service coverage ratio immediately preceding such sale and 1.83x, and (iii) if, after giving effect to the sale and the related defeasance, the debt yield for the remaining Mortgaged Properties is not 15% or higher, the loan to value ratio of the remaining Mortgaged Properties must be no more than the lesser of the loan-to-value ratio immediately preceding such sale and 66.3%. |
(64) | The Cut-off Date Balance of $25,000,000 represents the non-controlling note A-2-2 of a $200,000,000 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 $100,000,000 and was contributed to the CD 2016-CD2 securitization transaction. The non-controlling note A-2-1 has an outstanding principal balance as of the Cut-off Date of $75,000,000 and was contributed to the CGCMT 2016-P6 securitization transaction. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $200,000,000. |
(65) | At any time after the expiration of the lockout period, the borrowers may obtain the release of the office or signage condominium units upon a third-party sale provided, among other things, (i) no event of default has occurred and is continuing, (ii) the debt service coverage ratio for the remaining Mortgaged Property is not less than the greater of the debt service coverage ratio immediately preceding the partial release and 1.82x, (iii) the debt yield for the remaining Mortgaged Property is not less than the greater of the debt yield immediately preceding the partial release and 7.39% and (iv) the borrowers partially defease the Mortgage Loan in an amount equal to 115% of the original allocated loan amount of such release parcel. |
A-25
(66) | The Mortgaged Property’s Appraised Value ($) represents the “as complete” appraised value, which assumes the completion of roof repairs and that the Mortgaged Property is leased at market rent level as of the effective date of value. At loan origination, the borrower reserved $2,801,981 in a deferred maintenance reserve. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) are calculated based upon the Mortgaged Property’s Appraised Value ($) of $31,200,000. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) based on the “as-is” appraised value of $28,500,000 are 78.0% and 67.2%, respectively. |
(67) | The historical financial information prior to 2014 is not available due to the recent acquisition of the Mortgaged Property. |
(68) | Historical cash flows are unavailable because the Mortgaged Property was acquired in 2015. |
(69) | The Mortgaged Property is 100% leased to three tenants, however, none of the tenants are yet in occupancy or have commenced paying rent. The Largest Tenant, Balmain, which leases 58.7% of the net rentable square footage, is scheduled to take occupancy and commence paying rent on April 1, 2017; the Second Largest Tenant, Fredric Malle (a subsidiary of Estee Lauder), which leases 23.9% of the net rentable square footage, is scheduled to take occupancy and commence paying rent on the earlier of March 1, 2017 and the date it opens for business, and the Third Largest Tenant, Golden Goose, which leases 17.4% of the net rentable square footage, is scheduled to take occupancy and commence paying rent on February 28, 2017. At loan origination, reserves covering rent prior to such rent commencement dates were taken for all three tenants ($320,833 for Balmain, $84,000 for Fredric Malle and $93,333 for Golden Goose). In addition, at loan origination, the lender escrowed an earnout reserve for all three tenants ($2,270,430 for Balmain, $890,322 for Fredric Malle and $989,247 for Golden Goose), each of which may be released upon delivery by the borrower to the lender of reasonably satisfactory evidence that the related tenant is in occupancy and paying full unabated rent (or any abated rent is fully reserved), its tenant improvements have been completed and paid for, and there are no defaults under its lease, together with a copy of its certificate of occupancy. |
(70) | The borrower purchased the Mortgaged Property in October 2015 and subsequently leased the Mortgaged Property to three new tenants in 2016. As such, historical financial information for the Mortgaged Property is not available. |
(71) | The 2013 cash flows represent actual operations for 9 months in 2013 and have been annualized. The borrower sponsor acquired the Mortgaged Property in May 2014. |
(72) | The Cut-off Date Balance of $14,903,575 represents the non-controlling notes A-2A and A-3B, with outstanding principal balances as of the Cut-off Date of approximately $4,967,858 and $9,935,717, respectively, of a $98,000,000 Loan Combination evidenced by six pari passu notes. The controlling note A-1 has an outstanding principal balance as of the Cut-off Date of $42,723,582 and was contributed to the WFCM 2016-LC25 securitization transaction. The non-controlling notes A-2B and A-4, each with an outstanding principal balance as of the Cut-off Date of approximately $14,903,575, were contributed to the CGCMT 2016-C3 securitization transaction. The non-controlling note A-3A has an outstanding principal balance as of the Cut-off Date of approximately $9,935,717 and was contributed to the CD 2016-CD2 securitization transaction. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow(%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of approximately $97,370,024. |
(73) | On each monthly 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 until such time that the balance on deposit in the seasonal working capital reserve account reaches $3,630,000. |
(74) | The borrower is required to make monthly deposits into the replacement reserve of an amount equal to the greater of (a) one-twelfth of 5% of gross income from operations during the calendar year immediately preceding the calendar year in which such payment date occurs and (b) the aggregate amount required under the management agreement and the franchise agreement. |
(75) | The Safe Storage Oakland Loan allows the borrower to obtain the release of a 14,375 SF unimproved parcel at the southeast corner of the Mortgaged Property without prepayment or defeasance, subject to satisfaction of conditions relating to zoning compliance, legal subdivision, separate tax lot, and REMIC requirements. |
(76) | The borrower sponsor acquired the Mortgaged Property out of foreclosure in 2014. As such, historical financial information for the Mortgaged Property prior to 2015 is not available. |
A-26
(77) | If the Upfront TI/LC Reserve ($) is drawn upon such that the balance is below the cap of $1,500,000, on each monthly payment date the borrower is required deposit the sum of $25,000 for Ongoing TI/LC Reserves ($) until such time as the TI/LC Reserve account balance reaches $1,500,000. |
(78) | Historical cash flows for the years 2014 and 2015 use the reporting period of February 1, 2014 through January 31, 2015 and February 1, 2015 through January 31, 2016, respectively. |
(79) | The Largest Tenant, BLG Logistics, occupying approximately 50.5% of the net rentable square footage at the Mortgaged Property, has subleased 23.2% of the net rentable square footage at the Mortgaged Property to Brose Tuscaloosa, Inc. through January 31, 2017 and 7.5% of the net rentable square footage at the Mortgaged Property to Toyota Boshoku Mississippi, LLC through February 2019. BLG Logistics will be taking occupancy of the Brose Tuscaloosa, Inc. subleased space upon expiration of the Brose Tuscaloosa, Inc. sublease prior to the Cut-off Date. |
(80) | The Cut-off Date Balance of $12,750,000 represents the controlling note A-1 of a $22,750,000 Loan Combination evidenced by two pari passu notes. The non-controlling note A-2 has an outstanding principal balance as of the Cut-off Date of $10,000,000 and is expected to be contributed to a future securitization transaction. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $22,750,000. |
(81) | On each monthly payment date, the borrower must deposit into a FF&E reserve account the lesser of (a) an amount equal to one-twelfth of 5.0% of the greater of (i) the annual gross revenues for the hotel related operations at the Mortgaged Property for the immediately preceding calendar year as reasonably determined by the lender and (ii) the projected annual gross revenues for the hotel related operations at the Mortgaged Property for the calendar year in which such monthly payment date occurs and (b) the amount of the deposit (if any) then required by the franchisor on account of FF&E under the franchise agreement. |
(82) | The Cut-off Date LTV Ratio (%), the LTV Ratio at Maturity / ARD (%), the Debt Yield on Underwritten Net Operating Income (%), the Debt Yield on Underwritten Net Cash Flow (%) and the Underwritten NCF DSCR (x) are calculated net of a $360,000 holdback reserve. The holdback reserve may be disbursed to borrower upon satisfaction of (i) borrower submits a request for payment to lender at least 10 days prior to the monthly payment date on which borrower requests such payment be made, (ii) on the date such request is received by lender and on the monthly payment date such payment is to be made, no trigger period exists, (iii) lender has received financial statements from the origination date of the Mortgage Loan to the end of the immediately preceding month and (iv) the Debt Yield on Underwritten Net Cash Flow is equal to or greater than 12.0%. The Cut-off Date LTV Ratio (%), the LTV Ratio at Maturity / ARD (%), the Debt Yield on Underwritten Net Operating Income (%), the Debt Yield on Underwritten Net Cash Flow (%) and the Underwritten NCF DSCR (x) calculated based upon the fully funded aggregate Mortgage Loan amount of $10,500,000 are 67.2%, 51.1%, 13.5%, 11.6% and 1.58x, respectively. |
(83) | On each monthly payment date the borrower must deposit a monthly seasonality reserve in the amount of the quotient of (i) 110% of the aggregate negative monthly amounts for the applicable 12 month period divided by (ii) the number of months for which there is no negative monthly amount. At loan origination, the monthly seasonality reserve deposit was equal to $14,752. |
(84) | The annual ground lease payment is equal to (i) $1 for the first through the fifth year of the ground lease, (ii) 2.0% of the gross room sales for each of the previous twelve month periods for the sixth through tenth year of the ground lease, (iii) 3.0% of the gross room sales for each of the previous twelve month periods for the eleventh through fifteenth year of the ground lease, (iv) 4.0% of the gross room sales for each of the previous twelve month periods for the sixteenth through twentieth year of the ground lease and (v) 5.0% of the gross room sales for each of the previous twelve month periods for the twenty-first year through maturity of the ground lease. |
(85) | Historical financial information is not available prior to 2015 due to the recent acquisition of the Mortgaged Property. |
(86) | The borrower deposited $58,000 into a Seasonal Working Capital Reserve and is required to make ongoing Seasonal Working Capital Reserve deposits of $5,273 on each monthly payment date occurring in January through and including November of each year. So long as no event of default then exists under the Mortgage Loan, ongoing Seasonal Working Capital Reserve payments will be suspended for any period during which the balance in the Seasonal Working Capital Reserve is equal to or greater than $58,000. |
A-27
(87) | On each monthly payment date, the borrower is required to deposit the greater of (i) 4% of the prior month’s revenue, (ii) the then-current amount required by the management agreement or (iii) the then-current amount required by the franchise agreement for approved capital expenditures and the repair and replacement of the FF&E into the Ongoing Replacement Reserve ($). |
(88) | The Mortgaged Property’s Appraised Value ($) represents the “as complete” appraised value, which assumes the completion of the PIP renovation and that the Mortgaged Property achieves higher occupancy and average daily rate as a result of the PIP. At loan origination, the borrower reserved $1,973,750 in a PIP reserve. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) are calculated based upon the Mortgaged Property’s Appraised Value ($) of $16,700,000. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) based on the “as-is” appraised value of $14,100,000 are 74.1% and 54.6%, respectively. |
(89) | The Mortgaged Property’s Appraised Value ($) represents the “as-is excluding TI’s” appraised value, which assumes improvements of the Save Mart space have been completed and $400,000 of the tenant improvement allowance has been expended. At loan origination, the borrower reserved $423,356 in a TI/LC Reserve. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) are calculated based upon the Mortgaged Property’s Appraised Value ($) of $14,500,000. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) based on the “as-is” appraised value of $14,100,000 are 64.2% and 58.9%, respectively. |
(90) | From the first monthly payment date through and including the monthly payment date in March 2017, the borrower is required to deposit $20,755 into the Ongoing Tax Reserve ($), and on each payment thereafter, the borrower is required to deposit $10,377. |
(91) | The Cut-off Date LTV Ratio (%), the LTV Ratio at Maturity / ARD (%), the Debt Yield on Underwritten Net Operating Income (%), the Debt Yield on Underwritten Net Cash Flow (%) and the Underwritten NCF DSCR (x) are calculated net of a $675,000 performance funds reserve. The performance reserve may be disbursed to borrower until the monthly payment date in February 2019 upon satisfaction of (i) no event of default is then continuing, (ii) borrower delivers updated financial statements to lender for the requisite trailing calculation period necessary for lender to calculate the Debt Yield, (iii) the Debt Yield for the Mortgaged Property, taking into consideration the requested disbursement of performance funds, is not less than 10.0% for two consecutive quarters. The Cut-off Date LTV Ratio (%), the LTV Ratio at Maturity / ARD (%), the Debt Yield on Underwritten Net Operating Income (%), the Debt Yield on Underwritten Net Cash Flow (%) and the Underwritten NCF DSCR (x) calculated based upon the fully funded aggregate Mortgage Loan amount of $9,000,000 are 65.6%, 49.6%, 9.1%, 8.3% and 1.15x, respectively. The borrower funded the performance funds reserve because Haven Behavioral Services, which occupies 23.1% of the net rentable area at the Mortgaged Property, was dark as of the rent roll dated December 1, 2016 and therefore was underwritten as vacant. The tenant is currently paying rent and the Haven Behavioral Sciences lease is guaranteed by it’s parent company, Haven Behavioral Health Care Holdings, Inc. |
(92) | The Appraised Value ($) reflects the “as-complete” prospective market value of the Mortgaged Property, which assumes that planned capital improvements of $430,000 are completed at the Mortgaged Property, and 130% of such costs were reserved for at origination of the Mortgage Loan. The “as-is” appraised value of the Mortgaged Property, without assuming completion of the related capital improvements, is $12,500,000. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) are calculated based upon the Mortgaged Property’s Appraised Value ($) of $13,400,000. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) based on the “as-is” appraised value of $12,500,000 are 58.2% and 43.5%, respectively. |
(93) | On each monthly payment date, the borrower must deposit into a FF&E reserve account the greater of (a) an amount equal to one-twelfth of 4.0% of the greater of (i) the annual gross revenues for the hotel related operations at the Mortgaged Property for the immediately preceding calendar year as reasonably determined by the lender and (ii) the projected annual gross revenues for the hotel related operations at the Mortgaged Property for the calendar year in which such monthly payment date occurs and (b) the amount of the deposit (if any) then required by the franchisor on account of FF&E under the franchise agreement. |
(94) | If the Upfront Replacement Reserve ($) is drawn upon such that the balance is below $7,330, on each monthly payment date the borrower is required to deposit the sum of $611 for Ongoing Replacement Reserves ($) until such time as the Replacement Reserve account balance reaches the cap of $22,000. |
(95) | If the Upfront TI/LC Reserve ($) is drawn upon such that the balance is below $175,000, on each monthly payment date the borrower is required to deposit the sum of $4,088 for Ongoing TI/LC Reserves ($) until such time as the TI/LC Reserve account balance reaches $250,000. |
A-28
(96) | The Original Balance ($), Cut-off Date Balance ($), Allocated Cut-off Date Loan Amount ($), Balloon Balance and Underwritten NCF DSCR (x) were calculated based on a non-standard amortization schedule attached to the preliminary prospectus as Annex G-2. The Underwritten NCF DSCR (x) was calculated using an Annual Debt Service equal to the first twelve (12) amortizing payments following the initial interest only period. |
(97) | The prior owner acquired the second phase of the Mortgaged Property in 2014. As such, historical financial information prior to 2014 is not available. |
(98) | The borrower has the right to release a portion of the Mortgaged Property provided that certain conditions are satisfied, including, but not limited to (i) partial prepayment, (ii) delivery of a REMIC opinion and (iii) loan metrics relating to debt yield, loan-to-value ratio, and debt service coverage ratio have been met. See “Partial Releases” in this preliminary prospectus. |
(99) | The County of Tulare Building Loan allows the borrower to obtain the release of a parcel of the Mortgaged Property that is currently ground leased to a bank and improved with a drive-through ATM, without prepayment or defeasance, subject to satisfaction of conditions relating to zoning compliance, legal subdivision, separate tax lot, and REMIC requirements. |
(100) | Historical cash flows are unavailable because the Mortgaged Property was recently constructed. |
(101) | The 2013 historical cash flows represent the annualized 9-month period as of December 31, 2013. |
(102) | The Mortgaged Property is ground leased to Costco on a triple-net basis with a lease expiration date in November 2029 and three, ten-year renewal options remaining. Costco utilizes the land as a parking facility and gas station for an adjacent one-story, 143,536 SF Costco facility, which is owned by Costco and not part of the collateral. |
(103) | The 2016 cash flows represent actual operations for January 2016 through September 2016 and have been annualized. The Mortgaged Property is ground leased to Costco through November 2029. Costco’s ground rent in 2016 was $490,017. |
(104) | On each monthly payment date, the borrower is required to deposit the greater of (i) 4% of the prior month’s revenue, (ii) the then-current amount required by the management agreement or (iii) the then-current amount required by the franchise agreement for approved capital expenditures and the repair and replacement of the FF&E into the Ongoing Replacement Reserve ($). |
(105) | Historical financial information is not presented as the leases are triple-net with no annual rent increases. |
(106) | River Partners Chicago, the sole tenant, subleases the entire space to two tenant affiliates, Mad River Illinois, LLC and Sheffield Chicago, LLC d/b/a Barcocina. |
(107) | The Cut-off Date LTV Ratio (%), the LTV Ratio at Maturity / ARD (%), the Debt Yield on Underwritten Net Operating Income (%), the Debt Yield on Underwritten Net Cash Flow (%), and the Underwritten NCF DSCR (x) are calculated net of a $500,000 property improvement costs holdback reserve. The property improvement costs holdback reserve may be disbursed to borrower upon satisfaction of (i) borrower completes or causes the completion of the anticipated expansion, (ii) borrower submits a request for disbursement to lender at least 10 days prior to the date on which borrower requests such disbursement be made, (iii) on the date such request is received by lender and on the date such payment is to be made, no event of default exists and remains uncured, (iv) after giving effect to the requested disbursement the debt yield is not less than 8.5% calculated on a trailing-12 month basis and (iv) on the date of disbursement, the ratio of the principal amount of the Mortgage Loan to the acquisitions costs incurred by or on behalf of the borrower is not greater than 75% The Cut-off Date LTV Ratio (%), the LTV Ratio at Maturity / ARD (%), the Debt Yield on Underwritten Net Operating Income (%), the Debt Yield on Underwritten Net Cash Flow (%) and the Underwritten NCF DSCR (x) calculated based upon the fully funded aggregate Mortgage Loan amount of $4,000,000 are 69.0%, 60.1%, 8.3%, 8.2% and 1.23x, respectively. |
A-29
MORTGAGE POOL CHARACTERISTICS | ||
Mortgage Pool Characteristics | ||
Initial Pool Balance | $ | 1,327,484,158 |
Number of Mortgage Loans | 52 | |
Number of Mortgaged Properties | 59 | |
Average Cut-off Date Mortgage Loan Balance | $ | 25,528,542 |
Weighted Average Mortgage Interest Rate | 4.5776% | |
Weighted Average Remaining Term to Maturity (months) | 116 | |
Weighted Average Remaining Amortization Term (months) | 353 | |
Weighted Average Cut-off Date LTV Ratio | 57.9% | |
Weighted Average Maturity Date LTV Ratio | 53.4% | |
Weighted Average Underwritten Debt Service Coverage Ratio | 1.95x | |
Weighted Average Debt Yield on Underwritten NOI | 10.7% |
COLLATERAL OVERVIEW |
Mortgage Loans by Loan Seller | ||||
Mortgage Loan Seller | Mortgage Loans | Mortgaged Properties | Aggregate Cut-off Date Balance | % of Initial Pool Balance |
German American Capital Corporation | 23 | 27 | 641,199,782 | 48.3% |
Citigroup Global Markets Realty Corp. | 27 | 30 | 519,284,377 | 39.1% |
German American Capital Corporation & Citigroup Global Markets Realty Corp. | 2 | 2 | 167,000,000 | 12.6% |
Total | 52 | 59 | 1,327,484,158 | 100.0% |
Property Types | ||||
Property Type / Detail | Number of Mortgaged Properties | Aggregate Cut-off Date Balance | % of Initial Pool Balance | |
Office | 17 | 615,731,616 | 46.4% | |
CBD | 5 | 326,500,000 | 24.6% | |
Suburban | 9 | 163,231,616 | 12.3% | |
Data Center | 1 | 55,000,000 | 4.1% | |
Medical Office | 2 | 71,000,000 | 5.3% | |
Retail | 15 | 267,863,746 | 20.2% | |
Anchored | 7 | 199,690,442 | 15.0% | |
Unanchored | 3 | 36,987,281 | 2.8% | |
Shadow Anchored | 1 | 16,000,000 | 1.2% | |
Single Tenant | 4 | 15,186,023 | 1.1% | |
Hospitality | 13 | 208,875,627 | 15.7% | |
Limited Service | 7 | 95,326,351 | 7.2% | |
Full Service | 2 | 74,903,575 | 5.6% | |
Extended Stay | 3 | 28,200,344 | 2.1% | |
Select Service | 1 | 10,445,357 | 0.8% | |
Mixed Use | 4 | 137,486,755 | 10.4% | |
Office/Retail/Storage | 1 | 75,000,000 | 5.6% | |
Office/Retail | 2 | 53,500,000 | 4.0% | |
Flex/Office | 1 | 8,986,755 | 0.7% | |
Industrial | 3 | 39,045,000 | 2.9% | |
Warehouse/Distribution | 2 | 34,970,000 | 2.6% | |
Flex | 1 | 4,075,000 | 0.3% | |
Multifamily (Garden) | 3 | 30,451,000 | 2.3% | |
Self Storage | 3 | 22,730,414 | 1.7% | |
Other (Leased Fee) | 1 | 5,300,000 | 0.4% | |
Total | 59 | 1,327,484,158 | 100.0% | |
Geographic Distribution | ||||
Property Location | Number of Mortgaged Properties | Aggregate Cut-off Date Balance | % of Initial Pool Balance | |
New York | 7 | 415,000,000 | 31.3% | |
California | 10 | 260,586,662 | 19.6% | |
Illinois | 2 | 74,450,000 | 5.6% | |
Hawaii | 1 | 60,000,000 | 4.5% | |
Kansas | 1 | 55,000,000 | 4.1% | |
Colorado | 4 | 52,079,929 | 3.9% | |
Wisconsin | 1 | 40,000,000 | 3.0% | |
Nevada | 1 | 40,000,000 | 3.0% | |
Texas | 4 | 32,490,183 | 2.4% | |
Indiana | 3 | 32,333,556 | 2.4% | |
Georgia | 2 | 31,110,442 | 2.3% | |
Virginia | 1 | 29,670,000 | 2.2% | |
Florida | 4 | 28,777,543 | 2.2% | |
Pennsylvania | 2 | 26,695,357 | 2.0% | |
Delaware | 1 | 26,223,908 | 2.0% | |
Tennessee | 2 | 21,124,883 | 1.6% | |
North Carolina | 1 | 21,000,000 | 1.6% | |
South Carolina | 2 | 18,203,575 | 1.4% | |
Kentucky | 1 | 15,000,000 | 1.1% | |
Alabama | 1 | 12,750,000 | 1.0% | |
New Jersey | 2 | 9,300,000 | 0.7% | |
Massachusetts | 2 | 7,436,023 | 0.6% | |
Arizona | 1 | 7,277,095 | 0.5% | |
Washington | 2 | 6,475,000 | 0.5% | |
New Mexico | 1 | 4,500,000 | 0.3% | |
Total | 59 | 1,327,484,158 | 100.0% | |
Distribution of Amortization Types | ||||
Range of Cut-off Balances ($) | Number of Mortgage Loans | Cut-off Date Balance | % of Initial Pool Balance | |
Interest Only | 15 | 623,025,000 | 46.9% | |
Interest Only, Then Amortizing | 16 | 360,266,000 | 27.1% | |
Amortizing (30 Years) | 14 | 230,628,605 | 17.4% | |
Interest Only ARD | 1 | 55,000,000 | 4.1% | |
Amortizing (25 Years) | 5 | 52,097,922 | 3.9% | |
Amortizing (20 Years) | 1 | 6,466,631 | 0.5% | |
Total | 52 | 1,327,484,158 | 100.0% |