FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-228597-05 | ||
FREE WRITING PROSPECTUS, DATED December 5, 2019
The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) (SEC File No. 333-228597) for the offering to which this free writing prospectus relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor, Citigroup Global Markets Inc., Academy Securities Inc., Bancroft Capital, LLC, Drexel Hamilton, LLC, Siebert Williams Shank & Co., LLC, 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.
The information in this file (the “File”) is an electronic copy of the information set forth in the Annex titled “Certain Characteristics of the Mortgage Loans and Mortgaged Properties” to the prospectus. This File does not contain all information that is required to be included in the prospectus. This File should be reviewed only in conjunction with the entire prospectus. Prospective investors are advised to read carefully, and should rely on, the prospectus relating to the certificates referred to herein in making their investment decision. Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the prospectus. The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value.
The information in this File is preliminary and may be amended and/or supplemented prior to the time of sale. The information in this File supersedes any contrary information contained in any prior File relating to the certificates and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.
The securities related to this File 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 such securities in any state or other jurisdiction where such offer, solicitation or sale is not permitted. Such 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 such securities nor the underlying mortgage loans are insured or guaranteed by any governmental agency or instrumentality or private insurer.
Any legends, disclaimers or other notices that may appear at the bottom of the email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation being made that these materials are accurate or complete and that these materials may not be updated or (3) these materials possibly being confidential, are, in each case, not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system. | ||
CGCMT 2019-C7 Annex A | |||||||||||||||
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Related Group | Crossed Group | Address | City | State | Zip Code | General Property Type | Detailed Property Type | Year Built | Year Renovated |
1 | Loan | 8, 9, 10, 11, 12 | CREFI | Citi Real Estate Funding Inc. | 490-504 Myrtle Avenue | NAP | NAP | Multifamily | Mid Rise | ||||||
1.01 | Property | 504 Myrtle Avenue | 504 Myrtle Avenue | Brooklyn | New York | 11205 | Multifamily | Mid Rise | 2017 | NAP | |||||
1.02 | Property | 490 Myrtle Avenue | 490 Myrtle Avenue | Brooklyn | New York | 11205 | Multifamily | Mid Rise | 2015 | NAP | |||||
2 | Loan | 8, 13, 14, 15, 16, 17 | CREFI | Citi Real Estate Funding Inc., Goldman Sachs Bank USA, Barclays Capital Real Estate Inc., and BMO Harris Bank N.A. | 650 Madison Avenue | NAP | NAP | 650 Madison Avenue | New York | New York | 10022 | Mixed Use | Office/Retail | 1957, 1987 | 2015 |
3 | Loan | 8, 18, 19, 20, 21 | CREFI | Citi Real Estate Funding Inc. | 805 Third Avenue | NAP | NAP | 805 Third Avenue | New York | New York | 10022 | Office | CBD | 1982 | NAP |
4 | Loan | 22, 23 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 2 | Group 1 | NAP | Multifamily | Mid Rise | ||||||
4.01 | Property | 199-203 E 4th St | 199-203 East 4th Street | New York | New York | 10009 | Multifamily | Mid Rise | 1900 | 2012 | |||||
4.02 | Property | 118-120 E 4th St | 118-120 East 4th Street | New York | New York | 10003 | Multifamily | Mid Rise | 1900 | NAP | |||||
4.03 | Property | 315 E 10th St | 315 East 10th Street | New York | New York | 10009 | Multifamily | Mid Rise | 1920 | 1989 | |||||
5 | Loan | 8, 24, 25, 26, 27 | CREFI | Citi Real Estate Funding Inc. | 405 E 4th Avenue | NAP | NAP | 405 East 4th Avenue | San Mateo | California | 94401 | Mixed Use | Office/Multifamily | 2019 | NAP |
6 | Loan | 28, 29 | CREFI | Citi Real Estate Funding Inc. | Gartner Campus South | NAP | NAP | 13200 Paul J Doherty Parkway | Fort Myers | Florida | 33913 | Office | Suburban | 2018, 2019 | NAP |
7 | Loan | 8, 30, 31, 32 | CREFI | Citi Real Estate Funding Inc. | Harvey Building Products | NAP | NAP | Various | Various | ||||||
7.01 | Property | Londonderry / Manufacturing | 30 Jack's Bridge Road | Londonderry | New Hampshire | 03053 | Industrial | Manufacturing | 2007 | NAP | |||||
7.02 | Property | Dartmouth / Manufacturing | 7 Ledgewood Boulevard | North Dartmouth | Massachusetts | 02747 | Industrial | Manufacturing | 1999 | NAP | |||||
7.03 | Property | Waltham Corporate | 1400 Main Street | Waltham | Massachusetts | 02451 | Office | Suburban | 2000 | NAP | |||||
7.04 | Property | Woburn | 27-33 Commonwealth Avenue | Woburn | Massachusetts | 01801 | Industrial | Warehouse/Distribution | 1989 | NAP | |||||
7.05 | Property | Nashua | 90 Northeastern Boulevard | Nashua | New Hampshire | 03062 | Industrial | Warehouse/Distribution | 2006 | NAP | |||||
7.06 | Property | Woburn CPD | 35 Commonwealth Avenue | Woburn | Massachusetts | 01801 | Industrial | Warehouse/Distribution | 1989 | NAP | |||||
7.07 | Property | (West) Bridgewater | 10 Turnpike Street | West Bridgewater | Massachusetts | 02379 | Industrial | Warehouse | 2005 | NAP | |||||
7.08 | Property | Manchester, NH | 344 East Industrial Park Drive | Manchester | New Hampshire | 03109 | Industrial | Warehouse/Distribution | 2003 | NAP | |||||
7.09 | Property | Norwalk 256 | 256-258 Martin Luther King Drive | Norwalk | Connecticut | 06854 | Industrial | Warehouse/Distribution | 1972 | NAP | |||||
7.10 | Property | New London | 1096 Hartford Turnpike | Waterford | Connecticut | 06385 | Industrial | Warehouse/Distribution | 2008 | NAP | |||||
7.11 | Property | East Haven | 221 Commerce Street | East Haven | Connecticut | 06512 | Industrial | Warehouse/Distribution | 2005 | NAP | |||||
7.12 | Property | Lincoln | 21 Wellington Road | Lincoln | Rhode Island | 02865 | Industrial | Warehouse/Distribution | 2003 | NAP | |||||
7.13 | Property | Bethlehem | 2000 City Line Road | Bethlehem | Pennsylvania | 18017 | Industrial | Warehouse/Distribution | 1973 | 2005 | |||||
7.14 | Property | Salem | 4 Raymond Avenue | Salem | New Hampshire | 03079 | Industrial | Warehouse/Distribution | 2001 | NAP | |||||
7.15 | Property | Norwalk 260 | 260 Martin Luther King Drive | Norwalk | Connecticut | 06854 | Industrial | Warehouse/Distribution | 1974 | NAP | |||||
7.16 | Property | Berlin | 272 Woodlawn Road | Berlin | Connecticut | 06037 | Industrial | Warehouse/Distribution | 1994 | NAP | |||||
7.17 | Property | Dartmouth | 965 Reed Road | Dartmouth | Massachusetts | 02747 | Industrial | Warehouse | 1974 | 2004 | |||||
7.18 | Property | Manchester, CT | 730 Parker Street | Manchester | Connecticut | 06042 | Industrial | Warehouse/Distribution | 1996 | NAP | |||||
7.19 | Property | Portland | 401 Riverside Street | Portland | Maine | 04103 | Industrial | Warehouse/Distribution | 1976 | 2003 | |||||
7.20 | Property | Braintree | 320 Wood Road | Braintree | Massachusetts | 02184 | Industrial | Warehouse/Distribution | 1986 | NAP | |||||
7.21 | Property | Warwick | 45 Lori Ann Way | Warwick | Rhode Island | 02886 | Industrial | Warehouse/Distribution | 1997 | NAP | |||||
7.22 | Property | Fitchburg | 133 Benson Street | Fitchburg | Massachusetts | 01420 | Industrial | Warehouse | 1983 | NAP | |||||
7.23 | Property | Auburn | 300 Washington Street | Auburn | Massachusetts | 01501 | Industrial | Warehouse/Distribution | 1983 | 2006 | |||||
7.24 | Property | Berlin CPD | 230 Woodlawn Road | Berlin | Connecticut | 06037 | Industrial | Warehouse/Distribution | 1977 | NAP | |||||
7.25 | Property | Portsmouth | 240 West Road | Portsmouth | New Hampshire | 03801 | Industrial | Warehouse/Distribution | 1985 | 1999 | |||||
7.26 | Property | Southampton | 99 Buck Road | Huntingdon Valley | Pennsylvania | 19006 | Industrial | Warehouse/Distribution | 1971 | 2009 | |||||
7.27 | Property | Wilkes-Barre | 936 Rutter Avenue | Forty Fort | Pennsylvania | 18704 | Industrial | Warehouse/Distribution | 1950 | 1999 | |||||
7.28 | Property | Hyannis | 186 Breeds Hill Road | Hyannis | Massachusetts | 02601 | Industrial | Warehouse | 1986 | 2002 | |||||
7.29 | Property | Springfield | 175 Carando Drive | Springfield | Massachusetts | 01104 | Industrial | Warehouse | 1989 | NAP | |||||
7.30 | Property | White River Junction | 1354 North Hartland Road | White River Junction | Vermont | 05001 | Industrial | Warehouse/Distribution | 1981 | 2001 | |||||
8 | Loan | 33, 34 | LCF | Ladder Capital Finance LLC | Marriott Phoenix Airport | NAP | NAP | 1101 North 44th Street | Phoenix | Arizona | 85008 | Hospitality | Full Service | 1999 | 2019 |
9 | Loan | 8, 35, 36 | CREFI | Citi Real Estate Funding Inc. | Austin Landing Mixed-Use | NAP | NAP | 3601 Rigby Road | Miamisburg | Ohio | 45342 | Mixed Use | Office/Retail | 2010 | NAP |
10 | Loan | 37, 38, 39, 40, 41 | CREFI | Citi Real Estate Funding Inc., Wells Fargo Bank, N.A. | Giant Anchored Portfolio | NAP | NAP | Retail | Anchored | ||||||
10.01 | Property | Parkway Plaza | 235-360 Cumberland Parkway | Mechanicsburg | Pennsylvania | 17055 | Retail | Anchored | 1998 | NAP | |||||
10.02 | Property | Aston Center | 3330 Concord Road | Aston | Pennsylvania | 19014 | Retail | Anchored | 2005 | NAP | |||||
10.03 | Property | Spring Meadow | 2100-2104 Van Reed Road and 3104-3114 State Hill Road | Reading | Pennsylvania | 19609 | Retail | Anchored | 2004 | 2019 | |||||
10.04 | Property | Scott Town Center | 1000 Scott Town Center | Bloomsburg | Pennsylvania | 17815 | Retail | Anchored | 2004 | NAP | |||||
10.05 | Property | Creekside Marketplace | 1880 Leithsville Road | Hellertown | Pennsylvania | 18055 | Retail | Anchored | 2001 | NAP | |||||
10.06 | Property | Stonehenge Square | 950 Walnut Bottom Road | Carlisle | Pennsylvania | 17015 | Retail | Anchored | 1990 | 2005 | |||||
10.07 | Property | AYR Town Center | 360-364 South Second Street | McConnellsburg | Pennsylvania | 17233 | Retail | Anchored | 2005 | NAP | |||||
11 | Loan | 42, 43, 44, 45 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 1 | Group 1 | NAP | Multifamily | Mid Rise | ||||||
11.01 | Property | 170-174 E 2nd St | 170-174 East 2nd Street | New York | New York | 10009 | Multifamily | Mid Rise | 1900 | 2013 | |||||
11.02 | Property | 325 E 10th St | 325 East 10th Street | New York | New York | 10009 | Multifamily | Mid Rise | 1900 | 1987 | |||||
11.03 | Property | 23 Avenue A | 23 Avenue A | New York | New York | 10009 | Multifamily | Mid Rise | 1920 | 2012 | |||||
11.04 | Property | 49.5 1st Avenue | 49.5 1st Avenue | New York | New York | 10003 | Multifamily | Mid Rise | 1910 | 2012 | |||||
12 | Loan | 8, 46, 47, 48, 49 | SMC | Starwood Mortgage Capital LLC | Alrig Portfolio | NAP | NAP | Various | Various | ||||||
12.01 | Property | Bingham III | 30200 Telegraph Road | Bingham Farms | Michigan | 48025 | Office | Suburban | 1983 | 2010 | |||||
12.02 | Property | 30445 Northwestern Highway | 30445 Northwestern Highway | Farmington Hills | Michigan | 48334 | Office | Suburban | 1986 | 2010 | |||||
12.03 | Property | 1750 South Telegraph Road | 1750 South Telegraph Road | Bloomfield Township | Michigan | 48302 | Office | Medical | 1990 | 2012 | |||||
12.04 | Property | 2550 South Telegraph Road | 2550 South Telegraph Road | Bloomfield Township | Michigan | 48301 | Office | Medical | 1978 | 2012 | |||||
12.05 | Property | 32270 Telegraph Road | 32270 Telegraph Road | Bingham Farms | Michigan | 48025 | Office | Suburban | 1984 | 2012 | |||||
12.06 | Property | 2525 South Telegraph Road | 2525 South Telegraph Road | Bloomfield Township | Michigan | 48302 | Office | Medical | 1987 | 2012 | |||||
12.07 | Property | Ellsworth Shopping Center | 208 High Street | Ellsworth | Maine | 04605 | Retail | Unanchored | 2018 | NAP | |||||
12.08 | Property | 3300 Alpine Avenue | 3300 Alpine Avenue | Walker | Michigan | 49544 | Retail | Shadow Anchored | 2018 | NAP | |||||
12.09 | Property | 21 East Long Lake Road | 21 East Long Lake Road | Bloomfield Hills | Michigan | 48304 | Office | Suburban | 1966 | 2005 | |||||
12.10 | Property | Fairways Office Building | 28470 West 13 Mile Road | Farmington Hills | Michigan | 48334 | Office | Suburban | 2000 | NAP | |||||
12.11 | Property | 7115 Orchard Lake Road | 7115 Orchard Lake Road | West Bloomfield Township | Michigan | 48322 | Office | Suburban | 1988 | 2012 | |||||
12.12 | Property | CGS Canton | 45250 Cherry Hill Road | Canton | Michigan | 48187 | Office | Suburban | 2012 | NAP | |||||
13 | Loan | 8, 50, 51 | SMC | Starwood Mortgage Capital LLC | Park Central Tower | NAP | NAP | 12700 and 12712 Park Central Drive | Dallas | Texas | 75251 | Office | Suburban | 1975 | 2018 |
14 | Loan | 8, 52, 53 | LCF | Ladder Capital Finance LLC | Shoppes at Parma | NAP | NAP | 8303 West Ridgewood Drive | Parma | Ohio | 44129 | Retail | Anchored | 1955 | 2016 |
15 | Loan | 54 | RMF | Rialto Mortgage Finance, LLC | Town Center at Sterling | NAP | NAP | 21800 Towncenter Plaza | Sterling | Virginia | 20164 | Retail | Anchored | 1973 | NAP |
16 | Loan | CREFI | Citi Real Estate Funding Inc. | Brazilian Court | NAP | NAP | 300 and 301 Australian Avenue | Palm Beach | Florida | 33480 | Hospitality | Full Service | 1926 | 2003, 2008, 2018 | |
17 | Loan | RMF | Rialto Mortgage Finance, LLC | Evergreen at Southwood | NAP | NAP | 2221 Orange Avenue | Tallahassee | Florida | 32311 | Multifamily | Garden | 2018 | NAP | |
18 | Loan | 55 | LCF | Ladder Capital Finance LLC | Memorial West/EAV Portfolio | NAP | NAP | Various | Various | ||||||
18.01 | Property | Memorial West | 437, 519, 563 Memorial Drive Southeast & 586 Woodward Avenue Southeast | Atlanta | Georgia | 30312 | Mixed Use | Retail/Office | 1958 | 2019 | |||||
18.02 | Property | EAV Portfolio | 1188 and 1257 Glenwood Avenue Southeast | Atlanta | Georgia | 30316 | Retail | Unanchored | 1950 | NAP | |||||
19 | Loan | 56, 57 | SMC | Starwood Mortgage Capital LLC | The Grand McCarren | NAP | NAP | 848 Lorimer Street | Brooklyn | New York | 11222 | Multifamily | Mid Rise | 2019 | NAP |
20 | Loan | 58, 59 | LCF | Ladder Capital Finance LLC | 84 South | NAP | NAP | 8410-8750 West Sura Lane | Greenfield | Wisconsin | 53228 | Retail | Anchored | 2017, 2018 | NAP |
21 | Loan | 60, 61, 62 | RMF | Rialto Mortgage Finance, LLC | Sharon Square | NAP | NAP | 4777 Sharon Road | Charlotte | North Carolina | 28210 | Office | Suburban | 2014 | NAP |
22 | Loan | 63 | CREFI | Citi Real Estate Funding Inc. | Sawgrass Village | NAP | NAP | 789-799 International Parkway | Sunrise | Florida | 33325 | Office | Suburban | 2000 | NAP |
23 | Loan | LCF | Ladder Capital Finance LLC | Sherwood and Glen Ridge MHC | NAP | NAP | 41275 Old Michigan Avenue and 4951 & 5005 South Haggerty Road | Canton | Michigan | 48188 | Manufactured Housing | Manufactured Housing | 1960 | NAP | |
24 | Loan | 64 | SMC | Starwood Mortgage Capital LLC | Shops at Central Park | NAP | NAP | 2200 Airport Freeway | Bedford | Texas | 76022 | Retail | Anchored | 1985 | 2017 |
25 | Loan | 65 | CREFI | Citi Real Estate Funding Inc. | Coventry Square | Group 1 | NAP | 20-46 Charles Street | Westwood | New Jersey | 07675 | Multifamily | Garden | 1983 | NAP |
26 | Loan | 66 | RMF | Rialto Mortgage Finance, LLC | Suburbia Shopping Center | NAP | NAP | 80 Glocker Way | Pottstown | Pennsylvania | 19465 | Retail | Anchored | 2003 | NAP |
27 | Loan | 67 | RMF | Rialto Mortgage Finance, LLC | Homewood Suites - Eatontown | NAP | NAP | 4 Industrial Way East | Eatontown | New Jersey | 07724 | Hospitality | Extended Stay | 2004 | NAP |
28 | Loan | CREFI | Citi Real Estate Funding Inc. | 408 West 130th Street | NAP | NAP | 408 West 130th Street | New York | New York | 10027 | Multifamily | Mid Rise | 1926 | 1985 | |
29 | Loan | SMC | Starwood Mortgage Capital LLC | Quail Meadows | NAP | NAP | 10201 Telephone Road | Houston | Texas | 77075 | Multifamily | Garden | 1971 | NAP | |
30 | Loan | 68 | SMC | Starwood Mortgage Capital LLC | Hawks Landing Apartments | NAP | NAP | 2778 Second Street Northeast | Hickory | North Carolina | 28601 | Multifamily | Garden | 2018-2019 | NAP |
31 | Loan | CREFI | Citi Real Estate Funding Inc. | Shadow Lake Apartments | NAP | NAP | 3515 Pleasantdale Road | Doraville | Georgia | 30340 | Multifamily | Garden | 1989 | NAP | |
32 | Loan | LCF | Ladder Capital Finance LLC | Northridge Commons | NAP | NAP | 33523 & 33797 West 8 Mile Road | Livonia | Michigan | 48152 | Retail | Anchored | 1987 | 2013, 2018 | |
33 | Loan | 69 | SMC | Starwood Mortgage Capital LLC | Noll Portfolio | NAP | NAP | Various | Various | ||||||
33.01 | Property | Ghent Road | 25 & 55 Ghent Road | Fairlawn | Ohio | 44333 | Retail | Unanchored | 1973 | 2004 | |||||
33.02 | Property | Fairlawn Office Properties | 2820 West Market Street, 66 & 123 South Miller Road and 3490 Ridgewood Road | Fairlawn | Ohio | 44333 | Office | Suburban | 1951, 1964, 1985 | NAP | |||||
33.03 | Property | Mill Valley | 17787-17815 State Route 31 | Marysville | Ohio | 43040 | Retail | Unanchored | 2006 | NAP | |||||
33.04 | Property | Brecksville | 6909 Royalton Road and 33 Public Square | Brecksville | Ohio | 44141 | Office | Suburban | 1837, 1990 | NAP | |||||
33.05 | Property | 782-788 West Market Street | 782-788 West Market Street | Akron | Ohio | 44303 | Retail | Unanchored | 1955 | NAP | |||||
33.06 | Property | 1303 West Maple | 1303 West Maple Avenue | North Canton | Ohio | 44720 | Office | Suburban | 1988 | NAP | |||||
34 | Loan | 70, 71 | LCF | Ladder Capital Finance LLC | Palm Bay West Shopping Center | NAP | NAP | 160 Malabar Road Southwest | Palm Bay | Florida | 32907 | Retail | Anchored | 1989 | NAP |
35 | Loan | LCF | Ladder Capital Finance LLC | Royal Ridge Apartments | NAP | NAP | 7350 State Avenue | Kansas City | Kansas | 66112 | Multifamily | Garden | 1971 | 2019 | |
36 | Loan | CREFI | Citi Real Estate Funding Inc. | Stanford Court | Group 1 | NAP | 500 Center Avenue | Westwood | New Jersey | 07675 | Multifamily | Garden | 1983 | NAP | |
37 | Loan | CREFI | Citi Real Estate Funding Inc. | 604 Tenth Ave | NAP | NAP | 604 Tenth Avenue | New York | New York | 10036 | Retail | Unanchored | 2007 | NAP | |
38 | Loan | CREFI | Citi Real Estate Funding Inc. | 224 Walworth Street | NAP | NAP | 224-236 Walworth Street | Brooklyn | New York | 11205 | Multifamily | Mid Rise | 2015 | NAP | |
39 | Loan | 72, 73 | SMC | Starwood Mortgage Capital LLC | TownePlace Suites Weston | NAP | NAP | 1545 Three Village Road | Weston | Florida | 33326 | Hospitality | Extended Stay | 2001 | 2014 |
40 | Loan | 8, 74, 75 | SMC | Starwood Mortgage Capital LLC | Wells Fargo Place | NAP | NAP | 30 7th Street East | St. Paul | Minnesota | 55101 | Office | CBD | 1986 | NAP |
41 | Loan | 76, 77, 78 | LCF | Ladder Capital Finance LLC | Courtyard by Marriott New Haven/Milford | NAP | NAP | 136 Marsh Hill Road | Orange | Connecticut | 06477 | Hospitality | Select Service | 1997 | 2017 |
42 | Loan | CREFI | Citi Real Estate Funding Inc. | The Madison | Group 1 | NAP | 99 Madison Avenue | Westwood | New Jersey | 07675 | Multifamily | Garden | 1981 | NAP | |
43 | Loan | SMC | Starwood Mortgage Capital LLC | 39 East 21st Street | NAP | NAP | 39 East 21st Street | Brooklyn | New York | 11226 | Multifamily | Mid Rise | 2019 | NAP | |
44 | Loan | CREFI | Citi Real Estate Funding Inc. | Village on the Green | Group 1 | NAP | 229 Collignon Way | River Vale | New Jersey | 07675 | Multifamily | Garden | 1980 | 2014 | |
45 | Loan | 79, 80 | LCF | Ladder Capital Finance LLC | Highland Commons | NAP | NAP | 34125 US Highway 19 North | Palm Harbor | Florida | 34684 | Office | Suburban | 1989 | 2018 |
46 | Loan | 81 | LCF | Ladder Capital Finance LLC | 7223-7241 Fair Oaks | NAP | NAP | 7223-7241 Fair Oaks Boulevard | Carmichael | California | 95608 | Retail | Anchored | 1991 | 2014 |
47 | Loan | 82, 83 | RMF | Rialto Mortgage Finance, LLC | Morton Place Apartments | NAP | NAP | 1150 Bell Street | Amarillo | Texas | 79106 | Multifamily | Garden | 1982 | 2017-2019 |
48 | Loan | 84 | RMF | Rialto Mortgage Finance, LLC | Hampton Inn Cleveland-Westlake | NAP | NAP | 29690 Detroit Road | Westlake | Ohio | 44145 | Hospitality | Limited Service | 1987 | 2014 |
49 | Loan | 85, 86 | SMC | Starwood Mortgage Capital LLC | Vilcom Office | NAP | NAP | 88 Vilcom Center Drive | Chapel Hill | North Carolina | 27514 | Office | Suburban | 1978 | 2019 |
50 | Loan | SMC | Starwood Mortgage Capital LLC | 558 West 193rd Street | NAP | NAP | 558 West 193rd Street | New York | New York | 10040 | Multifamily | Mid Rise | 1929 | 1984 | |
51 | Loan | SMC | Starwood Mortgage Capital LLC | Portland MHP | NAP | NAP | 3736 Buddy Ganem Drive | Portland | Texas | 78374 | Manufactured Housing | Manufactured Housing | 1972 | NAP | |
52 | Loan | RMF | Rialto Mortgage Finance, LLC | Birdneck Self Storage | NAP | NAP | 1195 Bells Road | Virginia Beach | Virginia | 23454 | Self Storage | Self Storage | 1985 | NAP | |
53 | Loan | SMC | Starwood Mortgage Capital LLC | Stoney River Fee | NAP | NAP | 155 West Big Beaver Road | Troy | Michigan | 48084 | Other | Leased Fee | NAP | NAP | |
54 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Sullivan, IL | Group 2 | NAP | 107 East Jackson Street | Sullivan | Illinois | 61951 | Retail | Single Tenant Retail | 2019 | NAP | |
55 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Adrian, MO | Group 2 | NAP | 523 East 1st Street | Adrian | Missouri | 64720 | Retail | Single Tenant Retail | 2019 | NAP |
Page 1 of 15
CGCMT 2019-C7 Annex A | |||||||||||||||
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | 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 (%) |
1 | Loan | 8, 9, 10, 11, 12 | CREFI | Citi Real Estate Funding Inc. | 490-504 Myrtle Avenue | 236 | Units | 360,169.49 | Fee Simple | 50,000,000 | 50,000,000 | 50,000,000 | 4.4% | 50,000,000 | 3.78764% |
1.01 | Property | 504 Myrtle Avenue | 143 | Units | Fee Simple | 30,856,334 | 2.7% | ||||||||
1.02 | Property | 490 Myrtle Avenue | 93 | Units | Fee Simple | 19,143,666 | 1.7% | ||||||||
2 | Loan | 8, 13, 14, 15, 16, 17 | CREFI | Citi Real Estate Funding Inc., Goldman Sachs Bank USA, Barclays Capital Real Estate Inc., and BMO Harris Bank N.A. | 650 Madison Avenue | 600,415 | SF | 977.32 | Fee Simple | 50,000,000 | 50,000,000 | 50,000,000 | 4.4% | 50,000,000 | 3.48600% |
3 | Loan | 8, 18, 19, 20, 21 | CREFI | Citi Real Estate Funding Inc. | 805 Third Avenue | 596,100 | SF | 251.64 | Fee Simple | 50,000,000 | 50,000,000 | 50,000,000 | 4.4% | 50,000,000 | 4.24000% |
4 | Loan | 22, 23 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 2 | 109 | Units | 413,831.76 | Fee Simple | 45,107,662 | 45,107,662 | 45,107,662 | 4.0% | 45,107,662 | 3.77000% |
4.01 | Property | 199-203 E 4th St | 28 | Units | Fee Simple | 20,719,478 | 1.8% | ||||||||
4.02 | Property | 118-120 E 4th St | 69 | Units | Fee Simple | 17,683,892 | 1.6% | ||||||||
4.03 | Property | 315 E 10th St | 12 | Units | Fee Simple | 6,704,292 | 0.6% | ||||||||
5 | Loan | 8, 24, 25, 26, 27 | CREFI | Citi Real Estate Funding Inc. | 405 E 4th Avenue | 71,254 | SF | 877.14 | Fee Simple | 42,500,000 | 42,500,000 | 42,500,000 | 3.7% | 42,500,000 | 3.62000% |
6 | Loan | 28, 29 | CREFI | Citi Real Estate Funding Inc. | Gartner Campus South | 251,949 | SF | 159.91 | Leasehold | 40,290,000 | 40,290,000 | 40,290,000 | 3.5% | 40,290,000 | 3.60000% |
7 | Loan | 8, 30, 31, 32 | CREFI | Citi Real Estate Funding Inc. | Harvey Building Products | 2,046,119 | SF | 78.20 | Fee Simple | 40,000,000 | 40,000,000 | 40,000,000 | 3.5% | 36,187,823 | 3.82000% |
7.01 | Property | Londonderry / Manufacturing | 376,294 | SF | Fee Simple | 7,725,000 | 0.7% | ||||||||
7.02 | Property | Dartmouth / Manufacturing | 235,239 | SF | Fee Simple | 4,500,000 | 0.4% | ||||||||
7.03 | Property | Waltham Corporate | 54,400 | SF | Fee Simple | 3,918,750 | 0.3% | ||||||||
7.04 | Property | Woburn | 76,054 | SF | Fee Simple | 2,237,500 | 0.2% | ||||||||
7.05 | Property | Nashua | 111,594 | SF | Fee Simple | 1,650,000 | 0.1% | ||||||||
7.06 | Property | Woburn CPD | 59,800 | SF | Fee Simple | 1,600,000 | 0.1% | ||||||||
7.07 | Property | (West) Bridgewater | 81,776 | SF | Fee Simple | 1,397,500 | 0.1% | ||||||||
7.08 | Property | Manchester, NH | 81,747 | SF | Fee Simple | 1,300,000 | 0.1% | ||||||||
7.09 | Property | Norwalk 256 | 40,232 | SF | Fee Simple | 1,200,000 | 0.1% | ||||||||
7.10 | Property | New London | 70,642 | SF | Fee Simple | 1,125,000 | 0.1% | ||||||||
7.11 | Property | East Haven | 70,089 | SF | Fee Simple | 1,077,500 | 0.1% | ||||||||
7.12 | Property | Lincoln | 80,240 | SF | Fee Simple | 1,040,000 | 0.1% | ||||||||
7.13 | Property | Bethlehem | 71,091 | SF | Fee Simple | 975,000 | 0.1% | ||||||||
7.14 | Property | Salem | 58,286 | SF | Fee Simple | 975,000 | 0.1% | ||||||||
7.15 | Property | Norwalk 260 | 30,000 | SF | Fee Simple | 958,750 | 0.1% | ||||||||
7.16 | Property | Berlin | 43,796 | SF | Fee Simple | 887,500 | 0.1% | ||||||||
7.17 | Property | Dartmouth | 63,117 | SF | Fee Simple | 877,500 | 0.1% | ||||||||
7.18 | Property | Manchester, CT | 49,175 | SF | Fee Simple | 698,750 | 0.1% | ||||||||
7.19 | Property | Portland | 48,145 | SF | Fee Simple | 675,000 | 0.1% | ||||||||
7.20 | Property | Braintree | 32,531 | SF | Fee Simple | 662,500 | 0.1% | ||||||||
7.21 | Property | Warwick | 43,899 | SF | Fee Simple | 617,500 | 0.1% | ||||||||
7.22 | Property | Fitchburg | 39,433 | SF | Fee Simple | 525,000 | 0.0% | ||||||||
7.23 | Property | Auburn | 37,132 | SF | Fee Simple | 515,000 | 0.0% | ||||||||
7.24 | Property | Berlin CPD | 28,163 | SF | Fee Simple | 512,500 | 0.0% | ||||||||
7.25 | Property | Portsmouth | 31,470 | SF | Fee Simple | 500,000 | 0.0% | ||||||||
7.26 | Property | Southampton | 36,421 | SF | Fee Simple | 430,000 | 0.0% | ||||||||
7.27 | Property | Wilkes-Barre | 32,200 | SF | Fee Simple | 400,000 | 0.0% | ||||||||
7.28 | Property | Hyannis | 24,070 | SF | Fee Simple | 387,500 | 0.0% | ||||||||
7.29 | Property | Springfield | 25,347 | SF | Fee Simple | 373,750 | 0.0% | ||||||||
7.30 | Property | White River Junction | 13,736 | SF | Fee Simple | 257,500 | 0.0% | ||||||||
8 | Loan | 33, 34 | LCF | Ladder Capital Finance LLC | Marriott Phoenix Airport | 345 | Rooms | 115,942.03 | Fee Simple | 40,000,000 | 40,000,000 | 40,000,000 | 3.5% | 30,281,594 | 4.12800% |
9 | Loan | 8, 35, 36 | CREFI | Citi Real Estate Funding Inc. | Austin Landing Mixed-Use | 834,510 | SF | 106.35 | Fee Simple | 38,750,000 | 38,750,000 | 38,750,000 | 3.4% | 35,745,189 | 3.98000% |
10 | Loan | 37, 38, 39, 40, 41 | CREFI | Citi Real Estate Funding Inc., Wells Fargo Bank, N.A. | Giant Anchored Portfolio | 548,482 | SF | 176.85 | Fee Simple | 38,500,000 | 38,500,000 | 38,500,000 | 3.4% | 34,861,564 | 3.87000% |
10.01 | Property | Parkway Plaza | 111,028 | SF | Fee Simple | 7,342,784 | 0.6% | ||||||||
10.02 | Property | Aston Center | 55,000 | SF | Fee Simple | 6,350,515 | 0.6% | ||||||||
10.03 | Property | Spring Meadow | 77,050 | SF | Fee Simple | 6,310,825 | 0.6% | ||||||||
10.04 | Property | Scott Town Center | 67,923 | SF | Fee Simple | 5,477,320 | 0.5% | ||||||||
10.05 | Property | Creekside Marketplace | 90,804 | SF | Fee Simple | 5,358,247 | 0.5% | ||||||||
10.06 | Property | Stonehenge Square | 88,677 | SF | Fee Simple | 4,445,361 | 0.4% | ||||||||
10.07 | Property | AYR Town Center | 58,000 | SF | Fee Simple | 3,214,948 | 0.3% | ||||||||
11 | Loan | 42, 43, 44, 45 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 1 | 73 | Units | 499,770.49 | Fee Simple | 36,483,246 | 36,483,246 | 36,483,246 | 3.2% | 36,483,246 | 3.77000% |
11.01 | Property | 170-174 E 2nd St | 43 | Units | Fee Simple | 20,450,308 | 1.8% | ||||||||
11.02 | Property | 325 E 10th St | 20 | Units | Fee Simple | 6,517,353 | 0.6% | ||||||||
11.03 | Property | 23 Avenue A | 6 | Units | Fee Simple | 5,058,923 | 0.4% | ||||||||
11.04 | Property | 49.5 1st Avenue | 4 | Units | Fee Simple | 4,456,662 | 0.4% | ||||||||
12 | Loan | 8, 46, 47, 48, 49 | SMC | Starwood Mortgage Capital LLC | Alrig Portfolio | 584,741 | SF | 84.65 | Fee Simple | 35,000,000 | 35,000,000 | 35,000,000 | 3.1% | 30,286,607 | 4.01500% |
12.01 | Property | Bingham III | 159,243 | SF | Fee Simple | 7,023,333 | 0.6% | ||||||||
12.02 | Property | 30445 Northwestern Highway | 93,017 | SF | Fee Simple | 4,600,909 | 0.4% | ||||||||
12.03 | Property | 1750 South Telegraph Road | 67,878 | SF | Fee Simple | 4,551,273 | 0.4% | ||||||||
12.04 | Property | 2550 South Telegraph Road | 61,227 | SF | Fee Simple | 3,590,505 | 0.3% | ||||||||
12.05 | Property | 32270 Telegraph Road | 52,639 | SF | Fee Simple | 3,005,758 | 0.3% | ||||||||
12.06 | Property | 2525 South Telegraph Road | 32,505 | SF | Fee Simple | 2,219,495 | 0.2% | ||||||||
12.07 | Property | Ellsworth Shopping Center | 15,060 | SF | Fee Simple | 2,087,273 | 0.2% | ||||||||
12.08 | Property | 3300 Alpine Avenue | 6,564 | SF | Fee Simple | 1,965,091 | 0.2% | ||||||||
12.09 | Property | 21 East Long Lake Road | 26,688 | SF | Fee Simple | 1,934,545 | 0.2% | ||||||||
12.10 | Property | Fairways Office Building | 35,469 | SF | Fee Simple | 1,795,960 | 0.2% | ||||||||
12.11 | Property | 7115 Orchard Lake Road | 25,102 | SF | Fee Simple | 1,244,444 | 0.1% | ||||||||
12.12 | Property | CGS Canton | 9,349 | SF | Fee Simple | 981,414 | 0.1% | ||||||||
13 | Loan | 8, 50, 51 | SMC | Starwood Mortgage Capital LLC | Park Central Tower | 668,154 | SF | 89.80 | Fee Simple | 35,000,000 | 35,000,000 | 35,000,000 | 3.1% | 29,497,160 | 4.01600% |
14 | Loan | 8, 52, 53 | LCF | Ladder Capital Finance LLC | Shoppes at Parma | 726,275 | SF | 78.59 | Fee Simple | 35,000,000 | 35,000,000 | 35,000,000 | 3.1% | 27,985,130 | 4.18000% |
15 | Loan | 54 | RMF | Rialto Mortgage Finance, LLC | Town Center at Sterling | 183,570 | SF | 183.04 | Fee Simple | 33,600,000 | 33,600,000 | 33,600,000 | 2.9% | 28,964,505 | 3.86000% |
16 | Loan | CREFI | Citi Real Estate Funding Inc. | Brazilian Court | 77 | Rooms | 422,077.92 | Fee Simple | 32,500,000 | 32,500,000 | 32,500,000 | 2.9% | 32,500,000 | 4.44000% | |
17 | Loan | RMF | Rialto Mortgage Finance, LLC | Evergreen at Southwood | 288 | Units | 109,166.67 | Fee Simple | 31,440,000 | 31,440,000 | 31,440,000 | 2.8% | 31,440,000 | 3.52000% | |
18 | Loan | 55 | LCF | Ladder Capital Finance LLC | Memorial West/EAV Portfolio | 142,983 | SF | 214.01 | Fee Simple | 30,600,000 | 30,600,000 | 30,600,000 | 2.7% | 30,600,000 | 4.35000% |
18.01 | Property | Memorial West | 117,261 | SF | Fee Simple | 26,600,000 | 2.3% | ||||||||
18.02 | Property | EAV Portfolio | 25,722 | SF | Fee Simple | 4,000,000 | 0.4% | ||||||||
19 | Loan | 56, 57 | SMC | Starwood Mortgage Capital LLC | The Grand McCarren | 52 | Units | 538,461.54 | Fee Simple | 28,000,000 | 28,000,000 | 28,000,000 | 2.5% | 28,000,000 | 4.19000% |
20 | Loan | 58, 59 | LCF | Ladder Capital Finance LLC | 84 South | 194,900 | SF | 132.76 | Fee Simple | 25,875,000 | 25,875,000 | 25,875,000 | 2.3% | 21,787,132 | 3.98400% |
21 | Loan | 60, 61, 62 | RMF | Rialto Mortgage Finance, LLC | Sharon Square | 91,575 | SF | 266.45 | Fee Simple | 24,400,000 | 24,400,000 | 24,400,000 | 2.1% | 24,400,000 | 4.47000% |
22 | Loan | 63 | CREFI | Citi Real Estate Funding Inc. | Sawgrass Village | 112,456 | SF | 188.96 | Fee Simple | 21,250,000 | 21,250,000 | 21,250,000 | 1.9% | 21,250,000 | 3.54000% |
23 | Loan | LCF | Ladder Capital Finance LLC | Sherwood and Glen Ridge MHC | 436 | Pads | 48,165.14 | Fee Simple | 21,000,000 | 21,000,000 | 21,000,000 | 1.8% | 19,139,648 | 4.25600% | |
24 | Loan | 64 | SMC | Starwood Mortgage Capital LLC | Shops at Central Park | 172,713 | SF | 112.33 | Fee Simple | 19,400,000 | 19,400,000 | 19,400,000 | 1.7% | 16,492,473 | 3.82800% |
25 | Loan | 65 | CREFI | Citi Real Estate Funding Inc. | Coventry Square | 103 | Units | 177,669.90 | Fee Simple | 18,300,000 | 18,300,000 | 18,300,000 | 1.6% | 18,300,000 | 3.68000% |
26 | Loan | 66 | RMF | Rialto Mortgage Finance, LLC | Suburbia Shopping Center | 146,589 | SF | 119.59 | Fee Simple | 17,530,000 | 17,530,000 | 17,530,000 | 1.5% | 15,163,711 | 4.00000% |
27 | Loan | 67 | RMF | Rialto Mortgage Finance, LLC | Homewood Suites - Eatontown | 131 | Rooms | 130,916.03 | Fee Simple | 17,150,000 | 17,150,000 | 17,150,000 | 1.5% | 13,741,894 | 4.24000% |
28 | Loan | CREFI | Citi Real Estate Funding Inc. | 408 West 130th Street | 83 | Units | 193,975.90 | Fee Simple | 16,100,000 | 16,100,000 | 16,100,000 | 1.4% | 16,100,000 | 3.83000% | |
29 | Loan | SMC | Starwood Mortgage Capital LLC | Quail Meadows | 356 | Units | 43,760.29 | Fee Simple | 15,600,000 | 15,578,662 | 15,578,662 | 1.4% | 12,521,348 | 4.29000% | |
30 | Loan | 68 | SMC | Starwood Mortgage Capital LLC | Hawks Landing Apartments | 144 | Units | 102,083.33 | Fee Simple | 14,700,000 | 14,700,000 | 14,700,000 | 1.3% | 14,700,000 | 4.18500% |
31 | Loan | CREFI | Citi Real Estate Funding Inc. | Shadow Lake Apartments | 228 | Units | 58,771.93 | Fee Simple | 13,400,000 | 13,400,000 | 13,400,000 | 1.2% | 13,400,000 | 3.89000% | |
32 | Loan | LCF | Ladder Capital Finance LLC | Northridge Commons | 126,970 | SF | 100.42 | Fee Simple | 12,750,000 | 12,750,000 | 12,750,000 | 1.1% | 10,207,610 | 4.21600% | |
33 | Loan | 69 | SMC | Starwood Mortgage Capital LLC | Noll Portfolio | 133,003 | SF | 93.98 | Fee Simple | 12,500,000 | 12,500,000 | 12,500,000 | 1.1% | 10,104,381 | 4.49200% |
33.01 | Property | Ghent Road | 32,603 | SF | Fee Simple | 4,015,000 | 0.4% | ||||||||
33.02 | Property | Fairlawn Office Properties | 45,090 | SF | Fee Simple | 3,127,000 | 0.3% | ||||||||
33.03 | Property | Mill Valley | 18,416 | SF | Fee Simple | 2,370,000 | 0.2% | ||||||||
33.04 | Property | Brecksville | 19,941 | SF | Fee Simple | 1,790,000 | 0.2% | ||||||||
33.05 | Property | 782-788 West Market Street | 7,500 | SF | Fee Simple | 658,000 | 0.1% | ||||||||
33.06 | Property | 1303 West Maple | 9,453 | SF | Fee Simple | 540,000 | 0.0% | ||||||||
34 | Loan | 70, 71 | LCF | Ladder Capital Finance LLC | Palm Bay West Shopping Center | 264,153 | SF | 46.24 | Fee Simple | 12,215,000 | 12,215,000 | 12,215,000 | 1.1% | 10,827,303 | 3.98000% |
35 | Loan | LCF | Ladder Capital Finance LLC | Royal Ridge Apartments | 345 | Units | 34,782.61 | Fee Simple | 12,000,000 | 12,000,000 | 12,000,000 | 1.1% | 12,000,000 | 4.25000% | |
36 | Loan | CREFI | Citi Real Estate Funding Inc. | Stanford Court | 71 | Units | 160,563.38 | Fee Simple | 11,400,000 | 11,400,000 | 11,400,000 | 1.0% | 11,400,000 | 3.68000% | |
37 | Loan | CREFI | Citi Real Estate Funding Inc. | 604 Tenth Ave | 10,401 | SF | 1,057.59 | Fee Simple | 11,000,000 | 11,000,000 | 11,000,000 | 1.0% | 11,000,000 | 4.20000% | |
38 | Loan | CREFI | Citi Real Estate Funding Inc. | 224 Walworth Street | 32 | Units | 323,437.50 | Fee Simple | 10,350,000 | 10,350,000 | 10,350,000 | 0.9% | 10,350,000 | 3.74000% | |
39 | Loan | 72, 73 | SMC | Starwood Mortgage Capital LLC | TownePlace Suites Weston | 94 | Rooms | 109,042.55 | Fee Simple | 10,250,000 | 10,250,000 | 10,250,000 | 0.9% | 9,367,217 | 4.41000% |
40 | Loan | 8, 74, 75 | SMC | Starwood Mortgage Capital LLC | Wells Fargo Place | 646,459 | SF | 123.75 | Fee Simple | 10,000,000 | 10,000,000 | 10,000,000 | 0.9% | 10,000,000 | 3.40000% |
41 | Loan | 76, 77, 78 | LCF | Ladder Capital Finance LLC | Courtyard by Marriott New Haven/Milford | 121 | Rooms | 80,578.51 | Fee Simple | 9,750,000 | 9,750,000 | 9,750,000 | 0.9% | 7,958,836 | 4.78000% |
42 | Loan | CREFI | Citi Real Estate Funding Inc. | The Madison | 56 | Units | 158,928.57 | Fee Simple | 8,900,000 | 8,900,000 | 8,900,000 | 0.8% | 8,900,000 | 3.68000% | |
43 | Loan | SMC | Starwood Mortgage Capital LLC | 39 East 21st Street | 24 | Units | 354,166.67 | Fee Simple | 8,500,000 | 8,500,000 | 8,500,000 | 0.7% | 8,500,000 | 4.23300% | |
44 | Loan | CREFI | Citi Real Estate Funding Inc. | Village on the Green | 46 | Units | 169,565.22 | Fee Simple | 7,800,000 | 7,800,000 | 7,800,000 | 0.7% | 7,800,000 | 3.68000% | |
45 | Loan | 79, 80 | LCF | Ladder Capital Finance LLC | Highland Commons | 63,548 | SF | 114.87 | Fee Simple | 7,300,000 | 7,300,000 | 7,300,000 | 0.6% | 6,023,070 | 4.24000% |
46 | Loan | 81 | LCF | Ladder Capital Finance LLC | 7223-7241 Fair Oaks | 61,043 | SF | 113.04 | Fee Simple | 6,900,000 | 6,900,000 | 6,900,000 | 0.6% | 5,469,058 | 3.93700% |
47 | Loan | 82, 83 | RMF | Rialto Mortgage Finance, LLC | Morton Place Apartments | 168 | Units | 35,267.86 | Fee Simple | 5,925,000 | 5,925,000 | 5,925,000 | 0.5% | 5,123,960 | 3.99000% |
48 | Loan | 84 | RMF | Rialto Mortgage Finance, LLC | Hampton Inn Cleveland-Westlake | 122 | Rooms | 45,901.64 | Fee Simple | 5,600,000 | 5,600,000 | 5,600,000 | 0.5% | 4,671,667 | 4.60000% |
49 | Loan | 85, 86 | SMC | Starwood Mortgage Capital LLC | Vilcom Office | 39,608 | SF | 131.29 | Fee Simple | 5,200,000 | 5,200,000 | 5,200,000 | 0.5% | 4,545,120 | 4.43500% |
50 | Loan | SMC | Starwood Mortgage Capital LLC | 558 West 193rd Street | 31 | Units | 150,000.00 | Fee Simple | 4,650,000 | 4,650,000 | 4,650,000 | 0.4% | 4,650,000 | 3.84000% | |
51 | Loan | SMC | Starwood Mortgage Capital LLC | Portland MHP | 116 | Pads | 20,689.66 | Fee Simple | 2,400,000 | 2,400,000 | 2,400,000 | 0.2% | 1,922,928 | 4.23800% | |
52 | Loan | RMF | Rialto Mortgage Finance, LLC | Birdneck Self Storage | 31,625 | SF | 68.93 | Fee Simple | 2,180,000 | 2,180,000 | 2,180,000 | 0.2% | 2,085,186 | 5.09000% | |
53 | Loan | SMC | Starwood Mortgage Capital LLC | Stoney River Fee | 7,999 | SF | 262.53 | Fee Simple | 2,100,000 | 2,100,000 | 2,100,000 | 0.2% | 1,722,369 | 4.92300% | |
54 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Sullivan, IL | 10,640 | SF | 109.87 | Fee Simple | 1,169,000 | 1,169,000 | 1,169,000 | 0.1% | 1,169,000 | 4.67000% | |
55 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Adrian, MO | 9,026 | SF | 94.62 | Fee Simple | 854,000 | 854,000 | 854,000 | 0.1% | 854,000 | 4.67000% |
Page 2 of 15
CGCMT 2019-C7 Annex A | |||||||||||||||
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Administrative Fee Rate (%) (1) | Net Mortgage Loan Rate (%) | Monthly Debt Service ($) (2) | Annual Debt Service ($) | Pari Companion Loan Monthly Debt Service ($) | Pari Companion Loan Annual Debt Service ($) | Amortization Type | Interest Accrual Method | Seasoning (Mos.) | Original Interest-Only Period (Mos.) |
1 | Loan | 8, 9, 10, 11, 12 | CREFI | Citi Real Estate Funding Inc. | 490-504 Myrtle Avenue | 0.01000% | 3.77764% | 160,010.25 | 1,920,123.00 | 112,007.18 | 1,344,086.16 | Interest Only | Actual/360 | 0 | 120 |
1.01 | Property | 504 Myrtle Avenue | |||||||||||||
1.02 | Property | 490 Myrtle Avenue | |||||||||||||
2 | Loan | 8, 13, 14, 15, 16, 17 | CREFI | Citi Real Estate Funding Inc., Goldman Sachs Bank USA, Barclays Capital Real Estate Inc., and BMO Harris Bank N.A. | 650 Madison Avenue | 0.01000% | 3.47600% | 147,267.36 | 1,767,208.32 | 1,581,062.39 | 18,972,748.68 | Interest Only | Actual/360 | 0 | 120 |
3 | Loan | 8, 18, 19, 20, 21 | CREFI | Citi Real Estate Funding Inc. | 805 Third Avenue | 0.01000% | 4.23000% | 179,120.37 | 2,149,444.44 | 358,240.74 | 4,298,888.90 | Interest Only | Actual/360 | 0 | 120 |
4 | Loan | 22, 23 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 2 | 0.01000% | 3.76000% | 143,681.48 | 1,724,177.76 | Interest Only | Actual/360 | 0 | 120 | ||
4.01 | Property | 199-203 E 4th St | |||||||||||||
4.02 | Property | 118-120 E 4th St | |||||||||||||
4.03 | Property | 315 E 10th St | |||||||||||||
5 | Loan | 8, 24, 25, 26, 27 | CREFI | Citi Real Estate Funding Inc. | 405 E 4th Avenue | 0.01000% | 3.61000% | 129,989.00 | 1,559,868.00 | 61,171.30 | 734,055.60 | Interest Only | Actual/360 | 1 | 120 |
6 | Loan | 28, 29 | CREFI | Citi Real Estate Funding Inc. | Gartner Campus South | 0.01000% | 3.59000% | 122,548.75 | 1,470,585.00 | Interest Only | Actual/360 | 0 | 120 | ||
7 | Loan | 8, 30, 31, 32 | CREFI | Citi Real Estate Funding Inc. | Harvey Building Products | 0.01000% | 3.81000% | 186,838.65 | 2,242,063.80 | 560,515.93 | 6,726,191.16 | Interest Only, Then Amortizing | Actual/360 | 1 | 60 |
7.01 | Property | Londonderry / Manufacturing | |||||||||||||
7.02 | Property | Dartmouth / Manufacturing | |||||||||||||
7.03 | Property | Waltham Corporate | |||||||||||||
7.04 | Property | Woburn | |||||||||||||
7.05 | Property | Nashua | |||||||||||||
7.06 | Property | Woburn CPD | |||||||||||||
7.07 | Property | (West) Bridgewater | |||||||||||||
7.08 | Property | Manchester, NH | |||||||||||||
7.09 | Property | Norwalk 256 | |||||||||||||
7.10 | Property | New London | |||||||||||||
7.11 | Property | East Haven | |||||||||||||
7.12 | Property | Lincoln | |||||||||||||
7.13 | Property | Bethlehem | |||||||||||||
7.14 | Property | Salem | |||||||||||||
7.15 | Property | Norwalk 260 | |||||||||||||
7.16 | Property | Berlin | |||||||||||||
7.17 | Property | Dartmouth | |||||||||||||
7.18 | Property | Manchester, CT | |||||||||||||
7.19 | Property | Portland | |||||||||||||
7.20 | Property | Braintree | |||||||||||||
7.21 | Property | Warwick | |||||||||||||
7.22 | Property | Fitchburg | |||||||||||||
7.23 | Property | Auburn | |||||||||||||
7.24 | Property | Berlin CPD | |||||||||||||
7.25 | Property | Portsmouth | |||||||||||||
7.26 | Property | Southampton | |||||||||||||
7.27 | Property | Wilkes-Barre | |||||||||||||
7.28 | Property | Hyannis | |||||||||||||
7.29 | Property | Springfield | |||||||||||||
7.30 | Property | White River Junction | |||||||||||||
8 | Loan | 33, 34 | LCF | Ladder Capital Finance LLC | Marriott Phoenix Airport | 0.01000% | 4.11800% | 204,971.65 | 2,459,659.80 | Amortizing | Actual/360 | 0 | 0 | ||
9 | Loan | 8, 35, 36 | CREFI | Citi Real Estate Funding Inc. | Austin Landing Mixed-Use | 0.01000% | 3.97000% | 148,948.58 | 1,787,382.96 | 192,191.71 | 2,306,300.52 | Amortizing | 30/360 | 0 | 0 |
10 | Loan | 37, 38, 39, 40, 41 | CREFI | Citi Real Estate Funding Inc., Wells Fargo Bank, N.A. | Giant Anchored Portfolio | 0.01000% | 3.86000% | 180,931.19 | 2,171,174.28 | 274,921.41 | 3,299,056.92 | Interest Only, Then Amortizing | Actual/360 | 0 | 60 |
10.01 | Property | Parkway Plaza | |||||||||||||
10.02 | Property | Aston Center | |||||||||||||
10.03 | Property | Spring Meadow | |||||||||||||
10.04 | Property | Scott Town Center | |||||||||||||
10.05 | Property | Creekside Marketplace | |||||||||||||
10.06 | Property | Stonehenge Square | |||||||||||||
10.07 | Property | AYR Town Center | |||||||||||||
11 | Loan | 42, 43, 44, 45 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 1 | 0.01000% | 3.76000% | 116,210.12 | 1,394,521.44 | Interest Only | Actual/360 | 0 | 120 | ||
11.01 | Property | 170-174 E 2nd St | |||||||||||||
11.02 | Property | 325 E 10th St | |||||||||||||
11.03 | Property | 23 Avenue A | |||||||||||||
11.04 | Property | 49.5 1st Avenue | |||||||||||||
12 | Loan | 8, 46, 47, 48, 49 | SMC | Starwood Mortgage Capital LLC | Alrig Portfolio | 0.05875% | 3.95625% | 167,398.16 | 2,008,777.92 | 69,350.67 | 832,208.04 | Interest Only, Then Amortizing | Actual/360 | 1 | 36 |
12.01 | Property | Bingham III | |||||||||||||
12.02 | Property | 30445 Northwestern Highway | |||||||||||||
12.03 | Property | 1750 South Telegraph Road | |||||||||||||
12.04 | Property | 2550 South Telegraph Road | |||||||||||||
12.05 | Property | 32270 Telegraph Road | |||||||||||||
12.06 | Property | 2525 South Telegraph Road | |||||||||||||
12.07 | Property | Ellsworth Shopping Center | |||||||||||||
12.08 | Property | 3300 Alpine Avenue | |||||||||||||
12.09 | Property | 21 East Long Lake Road | |||||||||||||
12.10 | Property | Fairways Office Building | |||||||||||||
12.11 | Property | 7115 Orchard Lake Road | |||||||||||||
12.12 | Property | CGS Canton | |||||||||||||
13 | Loan | 8, 50, 51 | SMC | Starwood Mortgage Capital LLC | Park Central Tower | 0.04000% | 3.97600% | 167,418.36 | 2,009,020.32 | 119,584.55 | 1,435,014.60 | Interest Only, Then Amortizing | Actual/360 | 0 | 24 |
14 | Loan | 8, 52, 53 | LCF | Ladder Capital Finance LLC | Shoppes at Parma | 0.01000% | 4.17000% | 170,747.70 | 2,048,972.40 | 107,693.01 | 1,292,316.12 | Amortizing | Actual/360 | 0 | 0 |
15 | Loan | 54 | RMF | Rialto Mortgage Finance, LLC | Town Center at Sterling | 0.01000% | 3.85000% | 157,711.51 | 1,892,538.12 | Interest Only, Then Amortizing | Actual/360 | 1 | 36 | ||
16 | Loan | CREFI | Citi Real Estate Funding Inc. | Brazilian Court | 0.01000% | 4.43000% | 121,920.14 | 1,463,041.68 | Interest Only | Actual/360 | 0 | 60 | |||
17 | Loan | RMF | Rialto Mortgage Finance, LLC | Evergreen at Southwood | 0.01000% | 3.51000% | 93,504.89 | 1,122,058.68 | Interest Only | Actual/360 | 1 | 120 | |||
18 | Loan | 55 | LCF | Ladder Capital Finance LLC | Memorial West/EAV Portfolio | 0.01000% | 4.34000% | 112,465.63 | 1,349,587.56 | Interest Only | Actual/360 | 1 | 120 | ||
18.01 | Property | Memorial West | |||||||||||||
18.02 | Property | EAV Portfolio | |||||||||||||
19 | Loan | 56, 57 | SMC | Starwood Mortgage Capital LLC | The Grand McCarren | 0.01000% | 4.18000% | 99,124.54 | 1,189,494.44 | Interest Only | Actual/360 | 0 | 120 | ||
20 | Loan | 58, 59 | LCF | Ladder Capital Finance LLC | 84 South | 0.01000% | 3.97400% | 123,292.65 | 1,479,511.80 | Interest Only, Then Amortizing | Actual/360 | 0 | 24 | ||
21 | Loan | 60, 61, 62 | RMF | Rialto Mortgage Finance, LLC | Sharon Square | 0.01000% | 4.46000% | 92,152.36 | 1,105,828.32 | Interest Only | Actual/360 | 0 | 120 | ||
22 | Loan | 63 | CREFI | Citi Real Estate Funding Inc. | Sawgrass Village | 0.01000% | 3.53000% | 63,558.16 | 762,697.92 | Interest Only | Actual/360 | 0 | 120 | ||
23 | Loan | LCF | Ladder Capital Finance LLC | Sherwood and Glen Ridge MHC | 0.01000% | 4.24600% | 103,381.15 | 1,240,573.80 | Interest Only, Then Amortizing | Actual/360 | 1 | 60 | |||
24 | Loan | 64 | SMC | Starwood Mortgage Capital LLC | Shops at Central Park | 0.01000% | 3.81800% | 90,705.23 | 1,088,462.76 | Interest Only, Then Amortizing | Actual/360 | 1 | 30 | ||
25 | Loan | 65 | CREFI | Citi Real Estate Funding Inc. | Coventry Square | 0.01000% | 3.67000% | 56,899.44 | 682,793.28 | Interest Only | Actual/360 | 1 | 120 | ||
26 | Loan | 66 | RMF | Rialto Mortgage Finance, LLC | Suburbia Shopping Center | 0.01000% | 3.99000% | 83,690.90 | 1,004,290.80 | Interest Only, Then Amortizing | Actual/360 | 1 | 36 | ||
27 | Loan | 67 | RMF | Rialto Mortgage Finance, LLC | Homewood Suites - Eatontown | 0.01000% | 4.23000% | 84,267.32 | 1,011,207.84 | Amortizing | Actual/360 | 0 | 0 | ||
28 | Loan | CREFI | Citi Real Estate Funding Inc. | 408 West 130th Street | 0.01000% | 3.82000% | 52,099.53 | 625,194.36 | Interest Only | Actual/360 | 0 | 120 | |||
29 | Loan | SMC | Starwood Mortgage Capital LLC | Quail Meadows | 0.04000% | 4.25000% | 77,108.37 | 925,300.44 | Amortizing | Actual/360 | 1 | 0 | |||
30 | Loan | 68 | SMC | Starwood Mortgage Capital LLC | Hawks Landing Apartments | 0.01000% | 4.17500% | 51,978.28 | 623,739.38 | Interest Only | Actual/360 | 0 | 120 | ||
31 | Loan | CREFI | Citi Real Estate Funding Inc. | Shadow Lake Apartments | 0.01000% | 3.88000% | 44,041.64 | 528,499.68 | Interest Only | Actual/360 | 0 | 120 | |||
32 | Loan | LCF | Ladder Capital Finance LLC | Northridge Commons | 0.01000% | 4.20600% | 62,468.81 | 749,625.72 | Amortizing | Actual/360 | 0 | 0 | |||
33 | Loan | 69 | SMC | Starwood Mortgage Capital LLC | Noll Portfolio | 0.05000% | 4.44200% | 63,276.26 | 759,315.12 | Amortizing | Actual/360 | 0 | 0 | ||
33.01 | Property | Ghent Road | |||||||||||||
33.02 | Property | Fairlawn Office Properties | |||||||||||||
33.03 | Property | Mill Valley | |||||||||||||
33.04 | Property | Brecksville | |||||||||||||
33.05 | Property | 782-788 West Market Street | |||||||||||||
33.06 | Property | 1303 West Maple | |||||||||||||
34 | Loan | 70, 71 | LCF | Ladder Capital Finance LLC | Palm Bay West Shopping Center | 0.01000% | 3.97000% | 58,175.52 | 698,106.24 | Interest Only, Then Amortizing | Actual/360 | 1 | 48 | ||
35 | Loan | LCF | Ladder Capital Finance LLC | Royal Ridge Apartments | 0.01000% | 4.24000% | 43,090.28 | 517,083.36 | Interest Only | Actual/360 | 0 | 120 | |||
36 | Loan | CREFI | Citi Real Estate Funding Inc. | Stanford Court | 0.01000% | 3.67000% | 35,445.56 | 425,346.72 | Interest Only | Actual/360 | 1 | 120 | |||
37 | Loan | CREFI | Citi Real Estate Funding Inc. | 604 Tenth Ave | 0.01000% | 4.19000% | 39,034.72 | 468,416.64 | Interest Only | Actual/360 | 1 | 120 | |||
38 | Loan | CREFI | Citi Real Estate Funding Inc. | 224 Walworth Street | 0.01000% | 3.73000% | 32,705.52 | 392,466.24 | Interest Only | Actual/360 | 1 | 120 | |||
39 | Loan | 72, 73 | SMC | Starwood Mortgage Capital LLC | TownePlace Suites Weston | 0.01000% | 4.40000% | 51,388.56 | 616,662.72 | Amortizing | Actual/360 | 0 | 0 | ||
40 | Loan | 8, 74, 75 | SMC | Starwood Mortgage Capital LLC | Wells Fargo Place | 0.01125% | 3.38875% | 28,726.85 | 344,722.22 | 201,087.96 | 2,413,055.56 | Interest Only | Actual/360 | 1 | 120 |
41 | Loan | 76, 77, 78 | LCF | Ladder Capital Finance LLC | Courtyard by Marriott New Haven/Milford | 0.01000% | 4.77000% | 51,037.07 | 612,444.84 | Amortizing | Actual/360 | 0 | 0 | ||
42 | Loan | CREFI | Citi Real Estate Funding Inc. | The Madison | 0.01000% | 3.67000% | 27,672.41 | 332,068.92 | Interest Only | Actual/360 | 1 | 120 | |||
43 | Loan | SMC | Starwood Mortgage Capital LLC | 39 East 21st Street | 0.01000% | 4.22300% | 30,400.19 | 364,802.29 | Interest Only | Actual/360 | 0 | 120 | |||
44 | Loan | CREFI | Citi Real Estate Funding Inc. | Village on the Green | 0.01000% | 3.67000% | 24,252.22 | 291,026.64 | Interest Only | Actual/360 | 1 | 120 | |||
45 | Loan | 79, 80 | LCF | Ladder Capital Finance LLC | Highland Commons | 0.01000% | 4.23000% | 35,868.89 | 430,426.68 | Interest Only, Then Amortizing | Actual/360 | 0 | 12 | ||
46 | Loan | 81 | LCF | Ladder Capital Finance LLC | 7223-7241 Fair Oaks | 0.01000% | 3.92700% | 32,691.54 | 392,298.48 | Amortizing | Actual/360 | 0 | 0 | ||
47 | Loan | 82, 83 | RMF | Rialto Mortgage Finance, LLC | Morton Place Apartments | 0.01000% | 3.98000% | 28,252.71 | 339,032.52 | Interest Only, Then Amortizing | Actual/360 | 1 | 36 | ||
48 | Loan | 84 | RMF | Rialto Mortgage Finance, LLC | Hampton Inn Cleveland-Westlake | 0.01000% | 4.59000% | 28,708.08 | 344,496.96 | Interest Only, Then Amortizing | Actual/360 | 1 | 12 | ||
49 | Loan | 85, 86 | SMC | Starwood Mortgage Capital LLC | Vilcom Office | 0.01000% | 4.42500% | 26,147.19 | 313,766.28 | Interest Only, Then Amortizing | Actual/360 | 0 | 36 | ||
50 | Loan | SMC | Starwood Mortgage Capital LLC | 558 West 193rd Street | 0.01000% | 3.83000% | 15,086.67 | 181,040.00 | Interest Only | Actual/360 | 1 | 120 | |||
51 | Loan | SMC | Starwood Mortgage Capital LLC | Portland MHP | 0.01000% | 4.22800% | 11,789.70 | 141,476.40 | Amortizing | Actual/360 | 0 | 0 | |||
52 | Loan | RMF | Rialto Mortgage Finance, LLC | Birdneck Self Storage | 0.01000% | 5.08000% | 11,822.91 | 141,874.92 | Interest Only, Then Amortizing | Actual/360 | 1 | 24 | |||
53 | Loan | SMC | Starwood Mortgage Capital LLC | Stoney River Fee | 0.01000% | 4.91300% | 11,174.64 | 134,095.68 | Amortizing | Actual/360 | 0 | 0 | |||
54 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Sullivan, IL | 0.01000% | 4.66000% | 4,612.54 | 55,350.48 | Interest Only - ARD | Actual/360 | 0 | 120 | |||
55 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Adrian, MO | 0.01000% | 4.66000% | 3,369.64 | 40,435.68 | Interest Only - ARD | Actual/360 | 0 | 120 |
Page 3 of 15
CGCMT 2019-C7 Annex A | |||||||||||||||
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) | Remaining Amortization Term (Mos.) | Origination Date | Due Date | First Due Date | Last IO Due Date | First P&I Due Date |
1 | Loan | 8, 9, 10, 11, 12 | CREFI | Citi Real Estate Funding Inc. | 490-504 Myrtle Avenue | 120 | 120 | 120 | 0 | 0 | 11/18/2019 | 6 | 1/6/2020 | 12/6/2029 | |
1.01 | Property | 504 Myrtle Avenue | |||||||||||||
1.02 | Property | 490 Myrtle Avenue | |||||||||||||
2 | Loan | 8, 13, 14, 15, 16, 17 | CREFI | Citi Real Estate Funding Inc., Goldman Sachs Bank USA, Barclays Capital Real Estate Inc., and BMO Harris Bank N.A. | 650 Madison Avenue | 120 | 120 | 120 | 0 | 0 | 11/26/2019 | 8 | 1/8/2020 | 12/8/2029 | |
3 | Loan | 8, 18, 19, 20, 21 | CREFI | Citi Real Estate Funding Inc. | 805 Third Avenue | 120 | 120 | 120 | 0 | 0 | 11/8/2019 | 6 | 1/6/2020 | 12/6/2029 | |
4 | Loan | 22, 23 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 2 | 120 | 120 | 120 | 0 | 0 | 11/21/2019 | 6 | 1/6/2020 | 12/6/2029 | |
4.01 | Property | 199-203 E 4th St | |||||||||||||
4.02 | Property | 118-120 E 4th St | |||||||||||||
4.03 | Property | 315 E 10th St | |||||||||||||
5 | Loan | 8, 24, 25, 26, 27 | CREFI | Citi Real Estate Funding Inc. | 405 E 4th Avenue | 119 | 120 | 119 | 0 | 0 | 11/4/2019 | 6 | 12/6/2019 | 11/6/2029 | |
6 | Loan | 28, 29 | CREFI | Citi Real Estate Funding Inc. | Gartner Campus South | 120 | 120 | 120 | 0 | 0 | 11/19/2019 | 6 | 1/6/2020 | 12/6/2029 | |
7 | Loan | 8, 30, 31, 32 | CREFI | Citi Real Estate Funding Inc. | Harvey Building Products | 59 | 120 | 119 | 360 | 360 | 10/21/2019 | 6 | 12/6/2019 | 11/6/2024 | 12/6/2024 |
7.01 | Property | Londonderry / Manufacturing | |||||||||||||
7.02 | Property | Dartmouth / Manufacturing | |||||||||||||
7.03 | Property | Waltham Corporate | |||||||||||||
7.04 | Property | Woburn | |||||||||||||
7.05 | Property | Nashua | |||||||||||||
7.06 | Property | Woburn CPD | |||||||||||||
7.07 | Property | (West) Bridgewater | |||||||||||||
7.08 | Property | Manchester, NH | |||||||||||||
7.09 | Property | Norwalk 256 | |||||||||||||
7.10 | Property | New London | |||||||||||||
7.11 | Property | East Haven | |||||||||||||
7.12 | Property | Lincoln | |||||||||||||
7.13 | Property | Bethlehem | |||||||||||||
7.14 | Property | Salem | |||||||||||||
7.15 | Property | Norwalk 260 | |||||||||||||
7.16 | Property | Berlin | |||||||||||||
7.17 | Property | Dartmouth | |||||||||||||
7.18 | Property | Manchester, CT | |||||||||||||
7.19 | Property | Portland | |||||||||||||
7.20 | Property | Braintree | |||||||||||||
7.21 | Property | Warwick | |||||||||||||
7.22 | Property | Fitchburg | |||||||||||||
7.23 | Property | Auburn | |||||||||||||
7.24 | Property | Berlin CPD | |||||||||||||
7.25 | Property | Portsmouth | |||||||||||||
7.26 | Property | Southampton | |||||||||||||
7.27 | Property | Wilkes-Barre | |||||||||||||
7.28 | Property | Hyannis | |||||||||||||
7.29 | Property | Springfield | |||||||||||||
7.30 | Property | White River Junction | |||||||||||||
8 | Loan | 33, 34 | LCF | Ladder Capital Finance LLC | Marriott Phoenix Airport | 0 | 120 | 120 | 324 | 324 | 11/22/2019 | 6 | 1/6/2020 | 1/6/2020 | |
9 | Loan | 8, 35, 36 | CREFI | Citi Real Estate Funding Inc. | Austin Landing Mixed-Use | 0 | 120 | 120 | 600 | 600 | 11/13/2019 | 6 | 1/6/2020 | 1/6/2020 | |
10 | Loan | 37, 38, 39, 40, 41 | CREFI | Citi Real Estate Funding Inc., Wells Fargo Bank, N.A. | Giant Anchored Portfolio | 60 | 120 | 120 | 360 | 360 | 11/19/2019 | 6 | 1/6/2020 | 12/6/2024 | 1/6/2025 |
10.01 | Property | Parkway Plaza | |||||||||||||
10.02 | Property | Aston Center | |||||||||||||
10.03 | Property | Spring Meadow | |||||||||||||
10.04 | Property | Scott Town Center | |||||||||||||
10.05 | Property | Creekside Marketplace | |||||||||||||
10.06 | Property | Stonehenge Square | |||||||||||||
10.07 | Property | AYR Town Center | |||||||||||||
11 | Loan | 42, 43, 44, 45 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 1 | 120 | 120 | 120 | 0 | 0 | 11/21/2019 | 6 | 1/6/2020 | 12/6/2029 | |
11.01 | Property | 170-174 E 2nd St | |||||||||||||
11.02 | Property | 325 E 10th St | |||||||||||||
11.03 | Property | 23 Avenue A | |||||||||||||
11.04 | Property | 49.5 1st Avenue | |||||||||||||
12 | Loan | 8, 46, 47, 48, 49 | SMC | Starwood Mortgage Capital LLC | Alrig Portfolio | 35 | 120 | 119 | 360 | 360 | 10/25/2019 | 6 | 12/6/2019 | 11/6/2022 | 12/6/2022 |
12.01 | Property | Bingham III | |||||||||||||
12.02 | Property | 30445 Northwestern Highway | |||||||||||||
12.03 | Property | 1750 South Telegraph Road | |||||||||||||
12.04 | Property | 2550 South Telegraph Road | |||||||||||||
12.05 | Property | 32270 Telegraph Road | |||||||||||||
12.06 | Property | 2525 South Telegraph Road | |||||||||||||
12.07 | Property | Ellsworth Shopping Center | |||||||||||||
12.08 | Property | 3300 Alpine Avenue | |||||||||||||
12.09 | Property | 21 East Long Lake Road | |||||||||||||
12.10 | Property | Fairways Office Building | |||||||||||||
12.11 | Property | 7115 Orchard Lake Road | |||||||||||||
12.12 | Property | CGS Canton | |||||||||||||
13 | Loan | 8, 50, 51 | SMC | Starwood Mortgage Capital LLC | Park Central Tower | 24 | 120 | 120 | 360 | 360 | 11/7/2019 | 6 | 1/6/2020 | 12/6/2021 | 1/6/2022 |
14 | Loan | 8, 52, 53 | LCF | Ladder Capital Finance LLC | Shoppes at Parma | 0 | 120 | 120 | 360 | 360 | 11/15/2019 | 6 | 1/6/2020 | 1/6/2020 | |
15 | Loan | 54 | RMF | Rialto Mortgage Finance, LLC | Town Center at Sterling | 35 | 120 | 119 | 360 | 360 | 11/7/2019 | 6 | 12/6/2019 | 11/6/2022 | 12/6/2022 |
16 | Loan | CREFI | Citi Real Estate Funding Inc. | Brazilian Court | 60 | 60 | 60 | 0 | 0 | 11/15/2019 | 6 | 1/6/2020 | 12/6/2024 | ||
17 | Loan | RMF | Rialto Mortgage Finance, LLC | Evergreen at Southwood | 119 | 120 | 119 | 0 | 0 | 10/30/2019 | 6 | 12/6/2019 | 11/6/2029 | ||
18 | Loan | 55 | LCF | Ladder Capital Finance LLC | Memorial West/EAV Portfolio | 119 | 120 | 119 | 0 | 0 | 11/5/2019 | 6 | 12/6/2019 | 11/6/2029 | |
18.01 | Property | Memorial West | |||||||||||||
18.02 | Property | EAV Portfolio | |||||||||||||
19 | Loan | 56, 57 | SMC | Starwood Mortgage Capital LLC | The Grand McCarren | 120 | 120 | 120 | 0 | 0 | 11/8/2019 | 6 | 1/6/2020 | 12/6/2029 | |
20 | Loan | 58, 59 | LCF | Ladder Capital Finance LLC | 84 South | 24 | 120 | 120 | 360 | 360 | 11/13/2019 | 6 | 1/6/2020 | 12/6/2021 | 1/6/2022 |
21 | Loan | 60, 61, 62 | RMF | Rialto Mortgage Finance, LLC | Sharon Square | 120 | 120 | 120 | 0 | 0 | 11/15/2019 | 6 | 1/6/2020 | 12/6/2029 | |
22 | Loan | 63 | CREFI | Citi Real Estate Funding Inc. | Sawgrass Village | 120 | 120 | 120 | 0 | 0 | 11/19/2019 | 6 | 1/6/2020 | 12/6/2029 | |
23 | Loan | LCF | Ladder Capital Finance LLC | Sherwood and Glen Ridge MHC | 59 | 120 | 119 | 360 | 360 | 10/21/2019 | 6 | 12/6/2019 | 11/6/2024 | 12/6/2024 | |
24 | Loan | 64 | SMC | Starwood Mortgage Capital LLC | Shops at Central Park | 29 | 120 | 119 | 360 | 360 | 10/9/2019 | 6 | 12/6/2019 | 5/6/2022 | 6/6/2022 |
25 | Loan | 65 | CREFI | Citi Real Estate Funding Inc. | Coventry Square | 119 | 120 | 119 | 0 | 0 | 10/25/2019 | 6 | 12/6/2019 | 11/6/2029 | |
26 | Loan | 66 | RMF | Rialto Mortgage Finance, LLC | Suburbia Shopping Center | 35 | 120 | 119 | 360 | 360 | 10/29/2019 | 6 | 12/6/2019 | 11/6/2022 | 12/6/2022 |
27 | Loan | 67 | RMF | Rialto Mortgage Finance, LLC | Homewood Suites - Eatontown | 0 | 120 | 120 | 360 | 360 | 11/20/2019 | 6 | 1/6/2020 | 1/6/2020 | |
28 | Loan | CREFI | Citi Real Estate Funding Inc. | 408 West 130th Street | 120 | 120 | 120 | 0 | 0 | 11/21/2019 | 6 | 1/6/2020 | 12/6/2029 | ||
29 | Loan | SMC | Starwood Mortgage Capital LLC | Quail Meadows | 0 | 120 | 119 | 360 | 359 | 11/6/2019 | 6 | 12/6/2019 | 12/6/2019 | ||
30 | Loan | 68 | SMC | Starwood Mortgage Capital LLC | Hawks Landing Apartments | 120 | 120 | 120 | 0 | 0 | 11/14/2019 | 6 | 1/6/2020 | 12/6/2029 | |
31 | Loan | CREFI | Citi Real Estate Funding Inc. | Shadow Lake Apartments | 120 | 120 | 120 | 0 | 0 | 11/14/2019 | 6 | 1/6/2020 | 12/6/2029 | ||
32 | Loan | LCF | Ladder Capital Finance LLC | Northridge Commons | 0 | 120 | 120 | 360 | 360 | 11/8/2019 | 6 | 1/6/2020 | 1/6/2020 | ||
33 | Loan | 69 | SMC | Starwood Mortgage Capital LLC | Noll Portfolio | 0 | 120 | 120 | 360 | 360 | 11/15/2019 | 6 | 1/6/2020 | 1/6/2020 | |
33.01 | Property | Ghent Road | |||||||||||||
33.02 | Property | Fairlawn Office Properties | |||||||||||||
33.03 | Property | Mill Valley | |||||||||||||
33.04 | Property | Brecksville | |||||||||||||
33.05 | Property | 782-788 West Market Street | |||||||||||||
33.06 | Property | 1303 West Maple | |||||||||||||
34 | Loan | 70, 71 | LCF | Ladder Capital Finance LLC | Palm Bay West Shopping Center | 47 | 120 | 119 | 360 | 360 | 10/18/2019 | 6 | 12/6/2019 | 11/6/2023 | 12/6/2023 |
35 | Loan | LCF | Ladder Capital Finance LLC | Royal Ridge Apartments | 120 | 120 | 120 | 0 | 0 | 11/15/2019 | 6 | 1/6/2020 | 12/6/2029 | ||
36 | Loan | CREFI | Citi Real Estate Funding Inc. | Stanford Court | 119 | 120 | 119 | 0 | 0 | 10/25/2019 | 6 | 12/6/2019 | 11/6/2029 | ||
37 | Loan | CREFI | Citi Real Estate Funding Inc. | 604 Tenth Ave | 119 | 120 | 119 | 0 | 0 | 11/6/2019 | 6 | 12/6/2019 | 11/6/2029 | ||
38 | Loan | CREFI | Citi Real Estate Funding Inc. | 224 Walworth Street | 119 | 120 | 119 | 0 | 0 | 10/31/2019 | 6 | 12/6/2019 | 11/6/2029 | ||
39 | Loan | 72, 73 | SMC | Starwood Mortgage Capital LLC | TownePlace Suites Weston | 0 | 60 | 60 | 360 | 360 | 11/19/2019 | 6 | 1/6/2020 | 1/6/2020 | |
40 | Loan | 8, 74, 75 | SMC | Starwood Mortgage Capital LLC | Wells Fargo Place | 119 | 120 | 119 | 0 | 0 | 10/25/2019 | 6 | 12/6/2019 | 11/6/2029 | |
41 | Loan | 76, 77, 78 | LCF | Ladder Capital Finance LLC | Courtyard by Marriott New Haven/Milford | 0 | 120 | 120 | 360 | 360 | 11/15/2019 | 6 | 1/6/2020 | 1/6/2020 | |
42 | Loan | CREFI | Citi Real Estate Funding Inc. | The Madison | 119 | 120 | 119 | 0 | 0 | 10/25/2019 | 6 | 12/6/2019 | 11/6/2029 | ||
43 | Loan | SMC | Starwood Mortgage Capital LLC | 39 East 21st Street | 120 | 120 | 120 | 0 | 0 | 11/8/2019 | 6 | 1/6/2020 | 12/6/2029 | ||
44 | Loan | CREFI | Citi Real Estate Funding Inc. | Village on the Green | 119 | 120 | 119 | 0 | 0 | 10/25/2019 | 6 | 12/6/2019 | 11/6/2029 | ||
45 | Loan | 79, 80 | LCF | Ladder Capital Finance LLC | Highland Commons | 12 | 120 | 120 | 360 | 360 | 11/22/2019 | 6 | 1/6/2020 | 12/6/2020 | 1/6/2021 |
46 | Loan | 81 | LCF | Ladder Capital Finance LLC | 7223-7241 Fair Oaks | 0 | 120 | 120 | 360 | 360 | 11/15/2019 | 6 | 1/6/2020 | 1/6/2020 | |
47 | Loan | 82, 83 | RMF | Rialto Mortgage Finance, LLC | Morton Place Apartments | 35 | 120 | 119 | 360 | 360 | 11/8/2019 | 6 | 12/6/2019 | 11/6/2022 | 12/6/2022 |
48 | Loan | 84 | RMF | Rialto Mortgage Finance, LLC | Hampton Inn Cleveland-Westlake | 11 | 120 | 119 | 360 | 360 | 10/31/2019 | 6 | 12/6/2019 | 11/6/2020 | 12/6/2020 |
49 | Loan | 85, 86 | SMC | Starwood Mortgage Capital LLC | Vilcom Office | 36 | 120 | 120 | 360 | 360 | 11/13/2019 | 6 | 1/6/2020 | 12/6/2022 | 1/6/2023 |
50 | Loan | SMC | Starwood Mortgage Capital LLC | 558 West 193rd Street | 119 | 120 | 119 | 0 | 0 | 10/24/2019 | 6 | 12/6/2019 | 11/6/2029 | ||
51 | Loan | SMC | Starwood Mortgage Capital LLC | Portland MHP | 0 | 120 | 120 | 360 | 360 | 11/8/2019 | 6 | 1/6/2020 | 1/6/2020 | ||
52 | Loan | RMF | Rialto Mortgage Finance, LLC | Birdneck Self Storage | 23 | 60 | 59 | 360 | 360 | 11/4/2019 | 6 | 12/6/2019 | 11/6/2021 | 12/6/2021 | |
53 | Loan | SMC | Starwood Mortgage Capital LLC | Stoney River Fee | 0 | 120 | 120 | 360 | 360 | 11/20/2019 | 6 | 1/6/2020 | 1/6/2020 | ||
54 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Sullivan, IL | 120 | 120 | 120 | 0 | 0 | 11/22/2019 | 6 | 1/6/2020 | 12/6/2029 | ||
55 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Adrian, MO | 120 | 120 | 120 | 0 | 0 | 11/22/2019 | 6 | 1/6/2020 | 12/6/2029 |
Page 4 of 15
CGCMT 2019-C7 Annex A | |||||||||||||||
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Maturity Date / ARD | ARD (Yes / No) | Final Maturity Date | Grace Period- Late Fee | Grace Period- Default | Prepayment Provision (3) | 2016 EGI | 2016 Expenses ($) | 2016 NOI ($) | 2017 EGI ($) |
1 | Loan | 8, 9, 10, 11, 12 | CREFI | Citi Real Estate Funding Inc. | 490-504 Myrtle Avenue | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/91_0%/5 | N/A | N/A | N/A | N/A | |
1.01 | Property | 504 Myrtle Avenue | N/A | N/A | N/A | N/A | |||||||||
1.02 | Property | 490 Myrtle Avenue | 2,912,885 | 808,127 | 2,104,758 | 2,902,323 | |||||||||
2 | Loan | 8, 13, 14, 15, 16, 17 | CREFI | Citi Real Estate Funding Inc., Goldman Sachs Bank USA, Barclays Capital Real Estate Inc., and BMO Harris Bank N.A. | 650 Madison Avenue | 12/8/2029 | No | 3 | 0 | Lockout/24_Defeasance/89_0%/7 | 67,178,535 | 24,477,341 | 42,701,194 | 72,488,704 | |
3 | Loan | 8, 18, 19, 20, 21 | CREFI | Citi Real Estate Funding Inc. | 805 Third Avenue | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/89_0%/7 | 30,653,344 | 14,898,290 | 15,755,054 | 29,950,919 | |
4 | Loan | 22, 23 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 2 | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/93_0%/3 | N/A | N/A | N/A | 4,162,725 | |
4.01 | Property | 199-203 E 4th St | N/A | N/A | N/A | 1,599,898 | |||||||||
4.02 | Property | 118-120 E 4th St | N/A | N/A | N/A | 1,826,190 | |||||||||
4.03 | Property | 315 E 10th St | N/A | N/A | N/A | 736,637 | |||||||||
5 | Loan | 8, 24, 25, 26, 27 | CREFI | Citi Real Estate Funding Inc. | 405 E 4th Avenue | 11/6/2029 | No | 0 | 0 | Lockout/25_Defeasance/90_0%/5 | N/A | N/A | N/A | N/A | |
6 | Loan | 28, 29 | CREFI | Citi Real Estate Funding Inc. | Gartner Campus South | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance or YM1%/92_0%/4 | N/A | N/A | N/A | N/A | |
7 | Loan | 8, 30, 31, 32 | CREFI | Citi Real Estate Funding Inc. | Harvey Building Products | 11/6/2029 | No | 0 | 0 | YM4%/25_Defeasance or YM1%/89_0%/6 | N/A | N/A | N/A | N/A | |
7.01 | Property | Londonderry / Manufacturing | N/A | N/A | N/A | N/A | |||||||||
7.02 | Property | Dartmouth / Manufacturing | N/A | N/A | N/A | N/A | |||||||||
7.03 | Property | Waltham Corporate | N/A | N/A | N/A | N/A | |||||||||
7.04 | Property | Woburn | N/A | N/A | N/A | N/A | |||||||||
7.05 | Property | Nashua | N/A | N/A | N/A | N/A | |||||||||
7.06 | Property | Woburn CPD | N/A | N/A | N/A | N/A | |||||||||
7.07 | Property | (West) Bridgewater | N/A | N/A | N/A | N/A | |||||||||
7.08 | Property | Manchester, NH | N/A | N/A | N/A | N/A | |||||||||
7.09 | Property | Norwalk 256 | N/A | N/A | N/A | N/A | |||||||||
7.10 | Property | New London | N/A | N/A | N/A | N/A | |||||||||
7.11 | Property | East Haven | N/A | N/A | N/A | N/A | |||||||||
7.12 | Property | Lincoln | N/A | N/A | N/A | N/A | |||||||||
7.13 | Property | Bethlehem | N/A | N/A | N/A | N/A | |||||||||
7.14 | Property | Salem | N/A | N/A | N/A | N/A | |||||||||
7.15 | Property | Norwalk 260 | N/A | N/A | N/A | N/A | |||||||||
7.16 | Property | Berlin | N/A | N/A | N/A | N/A | |||||||||
7.17 | Property | Dartmouth | N/A | N/A | N/A | N/A | |||||||||
7.18 | Property | Manchester, CT | N/A | N/A | N/A | N/A | |||||||||
7.19 | Property | Portland | N/A | N/A | N/A | N/A | |||||||||
7.20 | Property | Braintree | N/A | N/A | N/A | N/A | |||||||||
7.21 | Property | Warwick | N/A | N/A | N/A | N/A | |||||||||
7.22 | Property | Fitchburg | N/A | N/A | N/A | N/A | |||||||||
7.23 | Property | Auburn | N/A | N/A | N/A | N/A | |||||||||
7.24 | Property | Berlin CPD | N/A | N/A | N/A | N/A | |||||||||
7.25 | Property | Portsmouth | N/A | N/A | N/A | N/A | |||||||||
7.26 | Property | Southampton | N/A | N/A | N/A | N/A | |||||||||
7.27 | Property | Wilkes-Barre | N/A | N/A | N/A | N/A | |||||||||
7.28 | Property | Hyannis | N/A | N/A | N/A | N/A | |||||||||
7.29 | Property | Springfield | N/A | N/A | N/A | N/A | |||||||||
7.30 | Property | White River Junction | N/A | N/A | N/A | N/A | |||||||||
8 | Loan | 33, 34 | LCF | Ladder Capital Finance LLC | Marriott Phoenix Airport | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/93_0%/3 | 16,448,631 | 10,174,159 | 6,274,471 | 15,407,838 | |
9 | Loan | 8, 35, 36 | CREFI | Citi Real Estate Funding Inc. | Austin Landing Mixed-Use | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | 11,758,761 | 5,491,883 | 6,266,878 | 14,462,415 | |
10 | Loan | 37, 38, 39, 40, 41 | CREFI | Citi Real Estate Funding Inc., Wells Fargo Bank, N.A. | Giant Anchored Portfolio | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | 10,791,148 | 2,519,155 | 8,271,993 | 11,358,993 | |
10.01 | Property | Parkway Plaza | 2,103,268 | 538,693 | 1,564,576 | 2,093,667 | |||||||||
10.02 | Property | Aston Center | 1,453,006 | 68,163 | 1,384,842 | 1,453,499 | |||||||||
10.03 | Property | Spring Meadow | 1,953,378 | 651,727 | 1,301,651 | 2,222,465 | |||||||||
10.04 | Property | Scott Town Center | 1,390,467 | 275,940 | 1,114,528 | 1,526,868 | |||||||||
10.05 | Property | Creekside Marketplace | 1,502,691 | 421,135 | 1,081,555 | 1,546,022 | |||||||||
10.06 | Property | Stonehenge Square | 1,313,779 | 333,315 | 980,464 | 1,442,620 | |||||||||
10.07 | Property | AYR Town Center | 1,074,559 | 230,182 | 844,377 | 1,073,853 | |||||||||
11 | Loan | 42, 43, 44, 45 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 1 | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/93_0%/3 | N/A | N/A | N/A | 3,303,576 | |
11.01 | Property | 170-174 E 2nd St | N/A | N/A | N/A | 1,820,596 | |||||||||
11.02 | Property | 325 E 10th St | N/A | N/A | N/A | 725,935 | |||||||||
11.03 | Property | 23 Avenue A | N/A | N/A | N/A | 428,274 | |||||||||
11.04 | Property | 49.5 1st Avenue | N/A | N/A | N/A | 328,770 | |||||||||
12 | Loan | 8, 46, 47, 48, 49 | SMC | Starwood Mortgage Capital LLC | Alrig Portfolio | 11/6/2029 | No | 0 | 0 | Lockout/25_YM1%/90_0%/5 | 8,492,942 | 3,817,649 | 4,675,293 | 8,686,593 | |
12.01 | Property | Bingham III | 2,061,664 | 985,794 | 1,075,870 | 2,130,068 | |||||||||
12.02 | Property | 30445 Northwestern Highway | 1,193,189 | 526,427 | 666,762 | 1,171,788 | |||||||||
12.03 | Property | 1750 South Telegraph Road | 1,227,977 | 585,564 | 642,413 | 1,225,545 | |||||||||
12.04 | Property | 2550 South Telegraph Road | 931,142 | 422,418 | 508,724 | 923,324 | |||||||||
12.05 | Property | 32270 Telegraph Road | 779,796 | 369,869 | 409,927 | 861,087 | |||||||||
12.06 | Property | 2525 South Telegraph Road | 567,976 | 253,580 | 314,396 | 613,733 | |||||||||
12.07 | Property | Ellsworth Shopping Center | N/A | N/A | N/A | N/A | |||||||||
12.08 | Property | 3300 Alpine Avenue | N/A | N/A | N/A | N/A | |||||||||
12.09 | Property | 21 East Long Lake Road | 595,524 | 240,202 | 355,322 | 553,488 | |||||||||
12.10 | Property | Fairways Office Building | 556,143 | 250,384 | 305,759 | 575,507 | |||||||||
12.11 | Property | 7115 Orchard Lake Road | 268,207 | 111,868 | 156,339 | 308,516 | |||||||||
12.12 | Property | CGS Canton | 311,324 | 71,544 | 239,780 | 323,538 | |||||||||
13 | Loan | 8, 50, 51 | SMC | Starwood Mortgage Capital LLC | Park Central Tower | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | 8,396,465 | 4,233,923 | 4,162,542 | 9,592,635 | |
14 | Loan | 8, 52, 53 | LCF | Ladder Capital Finance LLC | Shoppes at Parma | 12/6/2029 | No | 0 | 0 | Lockout/36_Defeasance/80_0%/4 | 5,219,872 | 3,547,820 | 1,672,052 | 6,331,731 | |
15 | Loan | 54 | RMF | Rialto Mortgage Finance, LLC | Town Center at Sterling | 11/6/2029 | No | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | N/A | N/A | N/A | 4,156,299 | |
16 | Loan | CREFI | Citi Real Estate Funding Inc. | Brazilian Court | 12/6/2024 | No | 5 | 0 | Lockout/24_Defeasance/33_0%/3 | 12,081,853 | 8,974,453 | 3,107,400 | 12,222,524 | ||
17 | Loan | RMF | Rialto Mortgage Finance, LLC | Evergreen at Southwood | 11/6/2029 | No | 0 | 0 | Lockout/25_Defeasance/90_0%/5 | N/A | N/A | N/A | N/A | ||
18 | Loan | 55 | LCF | Ladder Capital Finance LLC | Memorial West/EAV Portfolio | 11/6/2029 | No | 0 | 3 (Twice per loan term) | Lockout/25_Defeasance/91_0%/4 | N/A | N/A | N/A | N/A | |
18.01 | Property | Memorial West | N/A | N/A | N/A | N/A | |||||||||
18.02 | Property | EAV Portfolio | N/A | N/A | N/A | N/A | |||||||||
19 | Loan | 56, 57 | SMC | Starwood Mortgage Capital LLC | The Grand McCarren | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | N/A | N/A | N/A | N/A | |
20 | Loan | 58, 59 | LCF | Ladder Capital Finance LLC | 84 South | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | N/A | N/A | N/A | 180,527 | |
21 | Loan | 60, 61, 62 | RMF | Rialto Mortgage Finance, LLC | Sharon Square | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | 2,410,524 | 867,348 | 1,543,176 | 2,666,988 | |
22 | Loan | 63 | CREFI | Citi Real Estate Funding Inc. | Sawgrass Village | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | 2,769,527 | 686,521 | 2,083,006 | 2,935,219 | |
23 | Loan | LCF | Ladder Capital Finance LLC | Sherwood and Glen Ridge MHC | 11/6/2029 | No | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | N/A | N/A | N/A | 2,031,448 | ||
24 | Loan | 64 | SMC | Starwood Mortgage Capital LLC | Shops at Central Park | 11/6/2029 | No | 0 | 0 | Lockout/25_Defeasance/90_0%/5 | 2,088,815 | 698,636 | 1,390,179 | 2,155,550 | |
25 | Loan | 65 | CREFI | Citi Real Estate Funding Inc. | Coventry Square | 11/6/2029 | No | 0 | 0 | Lockout/25_Defeasance/92_0%/3 | N/A | N/A | N/A | 2,155,980 | |
26 | Loan | 66 | RMF | Rialto Mortgage Finance, LLC | Suburbia Shopping Center | 11/6/2029 | No | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 2,230,397 | 802,359 | 1,428,038 | 2,229,303 | |
27 | Loan | 67 | RMF | Rialto Mortgage Finance, LLC | Homewood Suites - Eatontown | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | N/A | N/A | N/A | 5,182,010 | |
28 | Loan | CREFI | Citi Real Estate Funding Inc. | 408 West 130th Street | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/93_0%/3 | 1,522,597 | 372,620 | 1,149,977 | 1,575,946 | ||
29 | Loan | SMC | Starwood Mortgage Capital LLC | Quail Meadows | 11/6/2029 | No | 0 | 0 | Lockout/25_YM1%/91_0%/4 | 2,324,506 | 949,841 | 1,374,664 | 2,424,893 | ||
30 | Loan | 68 | SMC | Starwood Mortgage Capital LLC | Hawks Landing Apartments | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | N/A | N/A | N/A | N/A | |
31 | Loan | CREFI | Citi Real Estate Funding Inc. | Shadow Lake Apartments | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/93_0%/3 | 2,289,421 | 1,469,589 | 819,832 | 2,469,232 | ||
32 | Loan | LCF | Ladder Capital Finance LLC | Northridge Commons | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/91_0%/5 | N/A | N/A | N/A | 1,161,948 | ||
33 | Loan | 69 | SMC | Starwood Mortgage Capital LLC | Noll Portfolio | 12/6/2029 | No | 0 | 0 | Lockout/24_YM1%/91_0%/5 | 2,120,794 | 685,753 | 1,435,041 | 2,213,974 | |
33.01 | Property | Ghent Road | 606,139 | 120,112 | 486,027 | 582,897 | |||||||||
33.02 | Property | Fairlawn Office Properties | 508,949 | 226,767 | 282,182 | 723,435 | |||||||||
33.03 | Property | Mill Valley | 402,274 | 115,935 | 286,339 | 397,915 | |||||||||
33.04 | Property | Brecksville | 388,947 | 152,615 | 236,332 | 277,746 | |||||||||
33.05 | Property | 782-788 West Market Street | 110,665 | 27,026 | 83,639 | 119,348 | |||||||||
33.06 | Property | 1303 West Maple | 103,821 | 43,299 | 60,522 | 112,633 | |||||||||
34 | Loan | 70, 71 | LCF | Ladder Capital Finance LLC | Palm Bay West Shopping Center | 11/6/2029 | No | 0 | 0 | Lockout/25_Defeasance/92_0%/3 | 1,933,636 | 769,523 | 1,164,113 | 1,670,998 | |
35 | Loan | LCF | Ladder Capital Finance LLC | Royal Ridge Apartments | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | 2,669,588 | 1,368,541 | 1,301,047 | 2,742,259 | ||
36 | Loan | CREFI | Citi Real Estate Funding Inc. | Stanford Court | 11/6/2029 | No | 0 | 0 | Lockout/25_Defeasance/92_0%/3 | N/A | N/A | N/A | 1,496,393 | ||
37 | Loan | CREFI | Citi Real Estate Funding Inc. | 604 Tenth Ave | 11/6/2029 | No | 0 | 0 | Lockout/25_Defeasance/90_0%/5 | N/A | N/A | N/A | 989,034 | ||
38 | Loan | CREFI | Citi Real Estate Funding Inc. | 224 Walworth Street | 11/6/2029 | No | 0 | 0 | Lockout/25_Defeasance/92_0%/3 | N/A | N/A | N/A | 934,618 | ||
39 | Loan | 72, 73 | SMC | Starwood Mortgage Capital LLC | TownePlace Suites Weston | 12/6/2024 | No | 0 | 0 | Lockout/24_Defeasance/32_0%/4 | 3,553,405 | 2,017,848 | 1,535,557 | 4,035,122 | |
40 | Loan | 8, 74, 75 | SMC | Starwood Mortgage Capital LLC | Wells Fargo Place | 11/6/2029 | No | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 15,592,185 | 8,909,422 | 6,682,763 | 15,080,476 | |
41 | Loan | 76, 77, 78 | LCF | Ladder Capital Finance LLC | Courtyard by Marriott New Haven/Milford | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | 3,954,817 | 3,053,228 | 901,588 | 4,617,663 | |
42 | Loan | CREFI | Citi Real Estate Funding Inc. | The Madison | 11/6/2029 | No | 0 | 0 | Lockout/25_Defeasance/92_0%/3 | N/A | N/A | N/A | 1,133,603 | ||
43 | Loan | SMC | Starwood Mortgage Capital LLC | 39 East 21st Street | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | N/A | N/A | N/A | N/A | ||
44 | Loan | CREFI | Citi Real Estate Funding Inc. | Village on the Green | 11/6/2029 | No | 0 | 0 | Lockout/25_Defeasance/92_0%/3 | N/A | N/A | N/A | 1,030,251 | ||
45 | Loan | 79, 80 | LCF | Ladder Capital Finance LLC | Highland Commons | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/93_0%/3 | 735,990 | 302,144 | 433,846 | N/A | |
46 | Loan | 81 | LCF | Ladder Capital Finance LLC | 7223-7241 Fair Oaks | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/93_0%/3 | N/A | N/A | N/A | N/A | |
47 | Loan | 82, 83 | RMF | Rialto Mortgage Finance, LLC | Morton Place Apartments | 11/6/2029 | No | 0 | 0 | Lockout/25_Defeasance/90_0%/5 | 892,188 | 458,724 | 433,464 | 839,573 | |
48 | Loan | 84 | RMF | Rialto Mortgage Finance, LLC | Hampton Inn Cleveland-Westlake | 11/6/2029 | No | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 3,333,671 | 1,918,066 | 1,415,605 | 2,553,796 | |
49 | Loan | 85, 86 | SMC | Starwood Mortgage Capital LLC | Vilcom Office | 12/6/2029 | No | 5 | 0 | Lockout/24_Defeasance/92_0%/4 | 650,627 | 343,681 | 306,946 | N/A | |
50 | Loan | SMC | Starwood Mortgage Capital LLC | 558 West 193rd Street | 11/6/2029 | No | 0 | 0 | Lockout/25_Defeasance/89_0%/6 | N/A | N/A | N/A | 395,845 | ||
51 | Loan | SMC | Starwood Mortgage Capital LLC | Portland MHP | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | 554,248 | 212,117 | 342,131 | 594,068 | ||
52 | Loan | RMF | Rialto Mortgage Finance, LLC | Birdneck Self Storage | 11/6/2024 | No | 0 | 0 | Lockout/25_Defeasance/28_0%/7 | N/A | N/A | N/A | 328,349 | ||
53 | Loan | SMC | Starwood Mortgage Capital LLC | Stoney River Fee | 12/6/2029 | No | 0 | 0 | Lockout/24_Defeasance/91_0%/5 | N/A | N/A | N/A | N/A | ||
54 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Sullivan, IL | 12/6/2029 | Yes | 6/6/2034 | 0 | 0 | YM/24_Defeasance or YM/89_0%/7 | N/A | N/A | N/A | N/A | |
55 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Adrian, MO | 12/6/2029 | Yes | 7/6/2034 | 0 | 0 | YM/24_Defeasance or YM/89_0%/7 | N/A | N/A | N/A | N/A |
Page 5 of 15
CGCMT 2019-C7 Annex A | |||||||||||||||
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | 2017 Expenses ($) | 2017 NOI ($) | 2018 EGI ($) | 2018 Expenses ($) | 2018 NOI ($) | Most Recent EGI (if past 2018) ($) | Most Recent Expenses (if past 2018) ($) | Most Recent NOI (if past 2018) ($) | Most Recent NOI Date (if past 2018) | Most Recent # of months |
1 | Loan | 8, 9, 10, 11, 12 | CREFI | Citi Real Estate Funding Inc. | 490-504 Myrtle Avenue | N/A | N/A | N/A | N/A | N/A | 7,187,225 | 1,760,424 | 5,426,801 | 9/30/2019 | 12 |
1.01 | Property | 504 Myrtle Avenue | N/A | N/A | N/A | N/A | N/A | 4,242,586 | 928,283 | 3,314,303 | 9/30/2019 | 12 | |||
1.02 | Property | 490 Myrtle Avenue | 773,172 | 2,129,151 | 2,771,979 | 814,156 | 1,957,823 | 2,944,640 | 832,142 | 2,112,498 | 9/30/2019 | 12 | |||
2 | Loan | 8, 13, 14, 15, 16, 17 | CREFI | Citi Real Estate Funding Inc., Goldman Sachs Bank USA, Barclays Capital Real Estate Inc., and BMO Harris Bank N.A. | 650 Madison Avenue | 25,947,358 | 46,541,346 | 75,039,495 | 26,481,999 | 48,557,496 | 78,288,218 | 27,326,681 | 50,961,537 | 9/30/2019 | 12 |
3 | Loan | 8, 18, 19, 20, 21 | CREFI | Citi Real Estate Funding Inc. | 805 Third Avenue | 15,081,158 | 14,869,761 | 31,876,971 | 15,290,213 | 16,586,758 | 31,859,168 | 15,087,482 | 16,771,686 | 8/31/2019 | 12 |
4 | Loan | 22, 23 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 2 | 1,225,281 | 2,937,444 | 4,164,610 | 1,216,757 | 2,947,852 | 4,130,892 | 1,228,476 | 2,902,416 | 8/31/2019 | 12 |
4.01 | Property | 199-203 E 4th St | 269,999 | 1,329,898 | 1,635,469 | 227,248 | 1,408,221 | 1,646,008 | 213,581 | 1,432,427 | 8/31/2019 | 12 | |||
4.02 | Property | 118-120 E 4th St | 685,075 | 1,141,115 | 1,794,038 | 713,057 | 1,080,981 | 1,830,585 | 737,494 | 1,093,091 | 8/31/2019 | 12 | |||
4.03 | Property | 315 E 10th St | 270,206 | 466,430 | 735,103 | 276,452 | 458,651 | 654,299 | 277,401 | 376,898 | 8/31/2019 | 12 | |||
5 | Loan | 8, 24, 25, 26, 27 | CREFI | Citi Real Estate Funding Inc. | 405 E 4th Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV |
6 | Loan | 28, 29 | CREFI | Citi Real Estate Funding Inc. | Gartner Campus South | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV |
7 | Loan | 8, 30, 31, 32 | CREFI | Citi Real Estate Funding Inc. | Harvey Building Products | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV |
7.01 | Property | Londonderry / Manufacturing | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.02 | Property | Dartmouth / Manufacturing | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.03 | Property | Waltham Corporate | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.04 | Property | Woburn | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.05 | Property | Nashua | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.06 | Property | Woburn CPD | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.07 | Property | (West) Bridgewater | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.08 | Property | Manchester, NH | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.09 | Property | Norwalk 256 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.10 | Property | New London | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.11 | Property | East Haven | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.12 | Property | Lincoln | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.13 | Property | Bethlehem | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.14 | Property | Salem | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.15 | Property | Norwalk 260 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.16 | Property | Berlin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.17 | Property | Dartmouth | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.18 | Property | Manchester, CT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.19 | Property | Portland | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.20 | Property | Braintree | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.21 | Property | Warwick | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.22 | Property | Fitchburg | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.23 | Property | Auburn | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.24 | Property | Berlin CPD | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.25 | Property | Portsmouth | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.26 | Property | Southampton | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.27 | Property | Wilkes-Barre | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.28 | Property | Hyannis | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.29 | Property | Springfield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
7.30 | Property | White River Junction | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
8 | Loan | 33, 34 | LCF | Ladder Capital Finance LLC | Marriott Phoenix Airport | 9,910,209 | 5,497,629 | 15,334,441 | 9,940,224 | 5,394,217 | 15,481,166 | 9,946,686 | 5,534,480 | 9/30/2019 | 12 |
9 | Loan | 8, 35, 36 | CREFI | Citi Real Estate Funding Inc. | Austin Landing Mixed-Use | 6,619,999 | 7,842,417 | 15,785,677 | 6,060,837 | 9,724,841 | 17,046,369 | 6,432,129 | 10,614,240 | 9/30/2019 | 12 |
10 | Loan | 37, 38, 39, 40, 41 | CREFI | Citi Real Estate Funding Inc., Wells Fargo Bank, N.A. | Giant Anchored Portfolio | 2,380,082 | 8,978,911 | 11,416,288 | 2,381,601 | 9,034,687 | 11,571,500 | 2,476,558 | 9,094,942 | 9/30/2019 | 12 |
10.01 | Property | Parkway Plaza | 491,194 | 1,602,472 | 2,158,853 | 496,485 | 1,662,368 | 2,238,484 | 543,342 | 1,695,141 | 9/30/2019 | 12 | |||
10.02 | Property | Aston Center | 61,595 | 1,391,904 | 1,453,772 | 62,879 | 1,390,893 | 1,454,348 | 61,674 | 1,392,674 | 9/30/2019 | 12 | |||
10.03 | Property | Spring Meadow | 576,251 | 1,646,214 | 1,988,772 | 567,830 | 1,420,942 | 2,037,123 | 580,679 | 1,456,443 | 9/30/2019 | 12 | |||
10.04 | Property | Scott Town Center | 312,346 | 1,214,522 | 1,584,679 | 274,937 | 1,309,742 | 1,564,096 | 278,007 | 1,286,089 | 9/30/2019 | 12 | |||
10.05 | Property | Creekside Marketplace | 422,642 | 1,123,380 | 1,626,691 | 431,457 | 1,195,234 | 1,679,633 | 443,001 | 1,236,632 | 9/30/2019 | 12 | |||
10.06 | Property | Stonehenge Square | 307,503 | 1,135,116 | 1,546,193 | 327,849 | 1,218,344 | 1,513,645 | 345,332 | 1,168,313 | 9/30/2019 | 12 | |||
10.07 | Property | AYR Town Center | 208,550 | 865,303 | 1,057,327 | 220,163 | 837,164 | 1,084,171 | 224,522 | 859,649 | 9/30/2019 | 12 | |||
11 | Loan | 42, 43, 44, 45 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 1 | 906,275 | 2,397,300 | 3,251,173 | 922,211 | 2,328,962 | 3,301,712 | 934,506 | 2,367,205 | 8/31/2019 | 12 |
11.01 | Property | 170-174 E 2nd St | 473,732 | 1,346,864 | 1,920,147 | 482,110 | 1,438,037 | 1,925,227 | 475,941 | 1,449,286 | 8/31/2019 | 12 | |||
11.02 | Property | 325 E 10th St | 255,193 | 470,742 | 719,477 | 277,751 | 441,725 | 742,479 | 293,179 | 449,300 | 8/31/2019 | 12 | |||
11.03 | Property | 23 Avenue A | 100,799 | 327,475 | 256,566 | 82,517 | 174,049 | 266,285 | 92,255 | 174,030 | 8/31/2019 | 12 | |||
11.04 | Property | 49.5 1st Avenue | 76,551 | 252,218 | 354,983 | 79,832 | 275,150 | 367,720 | 73,131 | 294,589 | 8/31/2019 | 12 | |||
12 | Loan | 8, 46, 47, 48, 49 | SMC | Starwood Mortgage Capital LLC | Alrig Portfolio | 3,921,367 | 4,765,226 | 8,474,195 | 3,884,505 | 4,589,690 | 8,670,676 | 3,995,371 | 4,675,305 | 8/31/2019 | 12 |
12.01 | Property | Bingham III | 1,089,992 | 1,040,076 | 2,213,988 | 1,075,306 | 1,138,683 | 2,442,165 | 1,159,479 | 1,282,686 | 8/31/2019 | 12 | |||
12.02 | Property | 30445 Northwestern Highway | 522,700 | 649,088 | 1,174,310 | 535,944 | 638,366 | 1,194,190 | 556,540 | 637,649 | 8/31/2019 | 12 | |||
12.03 | Property | 1750 South Telegraph Road | 486,356 | 739,189 | 1,272,358 | 525,216 | 747,142 | 1,331,988 | 481,026 | 850,963 | 8/31/2019 | 12 | |||
12.04 | Property | 2550 South Telegraph Road | 436,023 | 487,301 | 947,131 | 436,728 | 510,403 | 895,486 | 477,598 | 417,888 | 8/31/2019 | 12 | |||
12.05 | Property | 32270 Telegraph Road | 377,765 | 483,322 | 691,238 | 345,268 | 345,970 | 648,355 | 345,780 | 302,575 | 8/31/2019 | 12 | |||
12.06 | Property | 2525 South Telegraph Road | 270,966 | 342,767 | 515,865 | 244,905 | 270,961 | 553,370 | 248,106 | 305,264 | 8/31/2019 | 12 | |||
12.07 | Property | Ellsworth Shopping Center | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
12.08 | Property | 3300 Alpine Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |||
12.09 | Property | 21 East Long Lake Road | 250,473 | 303,015 | 545,942 | 260,183 | 285,758 | 559,572 | 248,785 | 310,787 | 8/31/2019 | 12 | |||
12.10 | Property | Fairways Office Building | 294,661 | 280,847 | 581,723 | 265,173 | 316,550 | 567,668 | 265,990 | 301,678 | 8/31/2019 | 12 | |||
12.11 | Property | 7115 Orchard Lake Road | 111,975 | 196,541 | 285,041 | 112,630 | 172,411 | 276,683 | 127,858 | 148,826 | 8/31/2019 | 12 | |||
12.12 | Property | CGS Canton | 80,456 | 243,082 | 246,598 | 83,151 | 163,447 | 201,199 | 84,209 | 116,990 | 8/31/2019 | 12 | |||
13 | Loan | 8, 50, 51 | SMC | Starwood Mortgage Capital LLC | Park Central Tower | 4,348,856 | 5,243,779 | 10,246,326 | 4,658,283 | 5,588,043 | 10,220,364 | 4,546,504 | 5,673,860 | 9/30/2019 | 12 |
14 | Loan | 8, 52, 53 | LCF | Ladder Capital Finance LLC | Shoppes at Parma | 2,666,119 | 3,665,611 | 6,884,652 | 3,169,192 | 3,715,460 | 8,009,611 | 3,153,863 | 4,855,749 | 9/30/2019 | 12 |
15 | Loan | 54 | RMF | Rialto Mortgage Finance, LLC | Town Center at Sterling | 982,036 | 3,174,263 | 4,328,191 | 1,006,606 | 3,321,585 | 4,320,629 | 989,208 | 3,331,421 | 9/30/2019 | 12 |
16 | Loan | CREFI | Citi Real Estate Funding Inc. | Brazilian Court | 9,353,870 | 2,868,654 | 14,648,073 | 10,484,027 | 4,164,046 | 14,783,870 | 10,359,080 | 4,424,790 | 8/31/2019 | 12 | |
17 | Loan | RMF | Rialto Mortgage Finance, LLC | Evergreen at Southwood | N/A | N/A | N/A | N/A | N/A | 4,448,221 | 1,525,099 | 2,923,123 | 9/30/2019 | 12 | |
18 | Loan | 55 | LCF | Ladder Capital Finance LLC | Memorial West/EAV Portfolio | N/A | N/A | 2,427,802 | 1,075,469 | 1,352,334 | 3,724,057 | 1,376,690 | 2,347,367 | 9/30/2019 | 12 |
18.01 | Property | Memorial West | N/A | N/A | 2,079,692 | 844,831 | 1,234,861 | 3,253,303 | 1,132,164 | 2,121,139 | 9/30/2019 | 12 | |||
18.02 | Property | EAV Portfolio | N/A | N/A | 348,110 | 230,637 | 117,472 | 470,753 | 244,526 | 226,228 | 9/30/2019 | 12 | |||
19 | Loan | 56, 57 | SMC | Starwood Mortgage Capital LLC | The Grand McCarren | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV |
20 | Loan | 58, 59 | LCF | Ladder Capital Finance LLC | 84 South | 189,704 | (9,177) | 2,699,954 | 1,086,125 | 1,613,829 | 2,765,589 | 1,274,628 | 1,490,961 | 8/31/2019 | 12 |
21 | Loan | 60, 61, 62 | RMF | Rialto Mortgage Finance, LLC | Sharon Square | 935,902 | 1,731,086 | 2,938,825 | 939,765 | 1,999,060 | 3,223,110 | 983,859 | 2,239,251 | 8/31/2019 | 12 |
22 | Loan | 63 | CREFI | Citi Real Estate Funding Inc. | Sawgrass Village | 778,149 | 2,157,070 | 2,951,112 | 745,883 | 2,205,229 | 2,612,455 | 701,576 | 1,910,879 | 9/30/2019 | 12 |
23 | Loan | LCF | Ladder Capital Finance LLC | Sherwood and Glen Ridge MHC | 800,619 | 1,230,829 | 2,130,649 | 770,633 | 1,360,016 | 2,326,854 | 837,842 | 1,489,012 | 8/31/2019 | 12 | |
24 | Loan | 64 | SMC | Starwood Mortgage Capital LLC | Shops at Central Park | 892,244 | 1,263,306 | 2,434,634 | 891,818 | 1,542,815 | 2,607,183 | 968,258 | 1,638,925 | 8/31/2019 | 12 |
25 | Loan | 65 | CREFI | Citi Real Estate Funding Inc. | Coventry Square | 837,499 | 1,318,481 | 2,093,041 | 804,516 | 1,288,525 | 2,181,080 | 813,487 | 1,367,593 | 8/31/2019 | 12 |
26 | Loan | 66 | RMF | Rialto Mortgage Finance, LLC | Suburbia Shopping Center | 798,948 | 1,430,355 | 2,354,734 | 871,582 | 1,483,152 | 2,444,442 | 837,797 | 1,606,645 | 7/31/2019 | 12 |
27 | Loan | 67 | RMF | Rialto Mortgage Finance, LLC | Homewood Suites - Eatontown | 2,860,594 | 2,321,416 | 5,776,891 | 3,140,252 | 2,636,639 | 5,746,716 | 3,103,456 | 2,643,260 | 10/31/2019 | 12 |
28 | Loan | CREFI | Citi Real Estate Funding Inc. | 408 West 130th Street | 396,377 | 1,179,569 | 1,626,199 | 427,436 | 1,198,763 | 1,637,110 | 427,616 | 1,209,494 | 9/30/2019 | 12 | |
29 | Loan | SMC | Starwood Mortgage Capital LLC | Quail Meadows | 989,698 | 1,435,195 | 2,679,636 | 962,323 | 1,717,313 | 2,606,873 | 902,272 | 1,704,600 | 7/31/2019 | 12 | |
30 | Loan | 68 | SMC | Starwood Mortgage Capital LLC | Hawks Landing Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV |
31 | Loan | CREFI | Citi Real Estate Funding Inc. | Shadow Lake Apartments | 1,359,908 | 1,109,324 | 2,609,975 | 1,518,645 | 1,091,330 | 2,756,445 | 1,578,548 | 1,177,898 | 10/31/2019 | 12 | |
32 | Loan | LCF | Ladder Capital Finance LLC | Northridge Commons | 494,440 | 667,509 | 1,444,033 | 551,849 | 892,184 | 1,762,553 | 551,695 | 1,210,858 | 9/30/2019 | 12 | |
33 | Loan | 69 | SMC | Starwood Mortgage Capital LLC | Noll Portfolio | 624,324 | 1,589,650 | 2,140,388 | 622,675 | 1,517,713 | 2,230,502 | 583,443 | 1,647,060 | 9/30/2019 | 12 |
33.01 | Property | Ghent Road | 106,600 | 476,298 | 595,590 | 111,588 | 484,002 | 626,313 | 111,156 | 515,157 | 9/30/2019 | 12 | |||
33.02 | Property | Fairlawn Office Properties | 245,139 | 478,295 | 585,101 | 237,815 | 347,287 | 630,460 | 217,527 | 412,933 | 9/30/2019 | 12 | |||
33.03 | Property | Mill Valley | 77,139 | 320,777 | 402,767 | 83,885 | 318,882 | 401,523 | 89,706 | 311,816 | 9/30/2019 | 12 | |||
33.04 | Property | Brecksville | 125,527 | 152,219 | 336,330 | 118,602 | 217,728 | 352,956 | 109,897 | 243,059 | 9/30/2019 | 12 | |||
33.05 | Property | 782-788 West Market Street | 30,605 | 88,743 | 107,370 | 28,913 | 78,457 | 115,356 | 14,423 | 100,933 | 9/30/2019 | 12 | |||
33.06 | Property | 1303 West Maple | 39,314 | 73,319 | 113,230 | 41,872 | 71,357 | 103,894 | 40,733 | 63,161 | 9/30/2019 | 12 | |||
34 | Loan | 70, 71 | LCF | Ladder Capital Finance LLC | Palm Bay West Shopping Center | 762,752 | 908,246 | 1,675,233 | 697,764 | 977,469 | 1,655,624 | 703,452 | 952,172 | 6/30/2019 | 12 |
35 | Loan | LCF | Ladder Capital Finance LLC | Royal Ridge Apartments | 1,395,359 | 1,346,900 | 2,786,051 | 1,406,170 | 1,379,880 | 2,851,609 | 1,453,507 | 1,398,102 | 9/30/2019 | 12 | |
36 | Loan | CREFI | Citi Real Estate Funding Inc. | Stanford Court | 619,468 | 876,925 | 1,441,800 | 646,533 | 795,267 | 1,459,781 | 600,468 | 859,313 | 8/31/2019 | 12 | |
37 | Loan | CREFI | Citi Real Estate Funding Inc. | 604 Tenth Ave | 189,526 | 799,508 | 1,061,183 | 244,441 | 816,742 | 1,111,948 | 273,969 | 837,979 | 9/30/2019 | 12 | |
38 | Loan | CREFI | Citi Real Estate Funding Inc. | 224 Walworth Street | 83,148 | 851,470 | 935,750 | 86,753 | 848,997 | 949,910 | 78,102 | 871,808 | 9/30/2019 | 12 | |
39 | Loan | 72, 73 | SMC | Starwood Mortgage Capital LLC | TownePlace Suites Weston | 2,180,283 | 1,854,839 | 4,096,177 | 2,276,747 | 1,819,430 | 3,564,993 | 2,144,156 | 1,420,837 | 8/31/2019 | 12 |
40 | Loan | 8, 74, 75 | SMC | Starwood Mortgage Capital LLC | Wells Fargo Place | 8,813,366 | 6,267,110 | 16,955,514 | 9,282,380 | 7,673,134 | 17,073,017 | 9,177,591 | 7,895,426 | 8/31/2019 | 12 |
41 | Loan | 76, 77, 78 | LCF | Ladder Capital Finance LLC | Courtyard by Marriott New Haven/Milford | 3,355,539 | 1,262,124 | 4,749,345 | 3,382,019 | 1,367,326 | 4,822,811 | 3,487,840 | 1,334,971 | 9/30/2019 | 12 |
42 | Loan | CREFI | Citi Real Estate Funding Inc. | The Madison | 532,584 | 601,019 | 1,098,080 | 517,736 | 580,344 | 1,143,252 | 495,276 | 647,976 | 8/31/2019 | 12 | |
43 | Loan | SMC | Starwood Mortgage Capital LLC | 39 East 21st Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |
44 | Loan | CREFI | Citi Real Estate Funding Inc. | Village on the Green | 478,117 | 552,133 | 1,017,107 | 441,543 | 575,564 | 987,472 | 450,065 | 537,408 | 8/31/2019 | 12 | |
45 | Loan | 79, 80 | LCF | Ladder Capital Finance LLC | Highland Commons | N/A | N/A | 827,452 | 341,588 | 485,864 | 960,423 | 465,591 | 494,832 | 9/30/2019 | 12 |
46 | Loan | 81 | LCF | Ladder Capital Finance LLC | 7223-7241 Fair Oaks | N/A | N/A | 920,259 | 228,551 | 691,708 | 921,913 | 209,628 | 712,285 | 9/30/2019 | 12 |
47 | Loan | 82, 83 | RMF | Rialto Mortgage Finance, LLC | Morton Place Apartments | 377,704 | 461,869 | 758,308 | 313,348 | 444,960 | 992,365 | 351,758 | 640,607 | 9/30/2019 | 12 |
48 | Loan | 84 | RMF | Rialto Mortgage Finance, LLC | Hampton Inn Cleveland-Westlake | 1,724,217 | 829,579 | 2,537,480 | 1,642,982 | 894,498 | 2,497,078 | 1,631,189 | 865,889 | 8/31/2019 | 12 |
49 | Loan | 85, 86 | SMC | Starwood Mortgage Capital LLC | Vilcom Office | N/A | N/A | 227,960 | 236,318 | (8,358) | 227,422 | 231,222 | (3,800) | 9/30/2019 | 12 |
50 | Loan | SMC | Starwood Mortgage Capital LLC | 558 West 193rd Street | 179,412 | 216,433 | 446,518 | 193,895 | 252,623 | 509,046 | 203,044 | 306,002 | 9/30/2019 | 12 | |
51 | Loan | SMC | Starwood Mortgage Capital LLC | Portland MHP | 217,526 | 376,543 | 602,516 | 235,979 | 366,537 | 613,013 | 237,647 | 375,367 | 8/31/2019 | 12 | |
52 | Loan | RMF | Rialto Mortgage Finance, LLC | Birdneck Self Storage | 121,993 | 206,356 | 337,987 | 123,288 | 214,699 | 336,656 | 124,993 | 211,663 | 9/30/2019 | 12 | |
53 | Loan | SMC | Starwood Mortgage Capital LLC | Stoney River Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |
54 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Sullivan, IL | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV | |
55 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Adrian, MO | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | NAV | NAV |
Page 6 of 15
CGCMT 2019-C7 Annex A | |||||||||||||||
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Most Recent Description | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Debt Yield on Underwritten Net Operating Income (%) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NCF DSCR (x) (4) | Debt Yield on Underwritten Net Cash Flow (%) |
1 | Loan | 8, 9, 10, 11, 12 | CREFI | Citi Real Estate Funding Inc. | 490-504 Myrtle Avenue | Trailing 12 | 7,836,820 | 1,516,729 | 6,320,091 | 7.4% | 59,000 | 0 | 6,261,091 | 1.92 | 7.4% |
1.01 | Property | 504 Myrtle Avenue | Trailing 12 | 4,629,828 | 806,927 | 3,822,901 | 35,750 | 0 | 3,787,151 | ||||||
1.02 | Property | 490 Myrtle Avenue | Trailing 12 | 3,206,992 | 709,801 | 2,497,191 | 23,250 | 0 | 2,473,941 | ||||||
2 | Loan | 8, 13, 14, 15, 16, 17 | CREFI | Citi Real Estate Funding Inc., Goldman Sachs Bank USA, Barclays Capital Real Estate Inc., and BMO Harris Bank N.A. | 650 Madison Avenue | Trailing 12 | 87,327,989 | 28,901,495 | 58,426,495 | 10.0% | 150,104 | 1,500,000 | 56,776,391 | 2.74 | 9.7% |
3 | Loan | 8, 18, 19, 20, 21 | CREFI | Citi Real Estate Funding Inc. | 805 Third Avenue | Trailing 12 | 33,275,196 | 15,020,787 | 18,254,409 | 12.2% | 119,220 | 1,200,000 | 16,935,189 | 2.63 | 11.3% |
4 | Loan | 22, 23 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 2 | Trailing 12 | 4,348,064 | 1,318,020 | 3,030,044 | 6.7% | 27,325 | 250 | 3,002,469 | 1.74 | 6.7% |
4.01 | Property | 199-203 E 4th St | Trailing 12 | 1,646,752 | 227,791 | 1,418,961 | 7,075 | 250 | 1,411,636 | ||||||
4.02 | Property | 118-120 E 4th St | Trailing 12 | 1,954,530 | 784,609 | 1,169,920 | 17,250 | 0 | 1,152,670 | ||||||
4.03 | Property | 315 E 10th St | Trailing 12 | 746,782 | 305,619 | 441,163 | 3,000 | 0 | 438,163 | ||||||
5 | Loan | 8, 24, 25, 26, 27 | CREFI | Citi Real Estate Funding Inc. | 405 E 4th Avenue | Not Available | 7,046,470 | 1,863,696 | 5,182,774 | 8.3% | 15,468 | 193,312 | 4,973,995 | 2.17 | 8.0% |
6 | Loan | 28, 29 | CREFI | Citi Real Estate Funding Inc. | Gartner Campus South | Not Available | 6,433,567 | 2,410,572 | 4,022,995 | 10.0% | 50,390 | 192,657 | 3,779,949 | 2.57 | 9.4% |
7 | Loan | 8, 30, 31, 32 | CREFI | Citi Real Estate Funding Inc. | Harvey Building Products | Not Available | 18,933,995 | 4,362,956 | 14,571,039 | 9.1% | 411,225 | 623,413 | 13,536,402 | 1.51 | 8.5% |
7.01 | Property | Londonderry / Manufacturing | Not Available | 3,075,807 | 602,081 | 2,473,726 | 56,444 | 104,245 | 2,313,037 | ||||||
7.02 | Property | Dartmouth / Manufacturing | Not Available | 1,857,715 | 404,058 | 1,453,657 | 35,286 | 62,701 | 1,355,670 | ||||||
7.03 | Property | Waltham Corporate | Not Available | 1,809,308 | 458,310 | 1,350,997 | 31,395 | 90,068 | 1,229,535 | ||||||
7.04 | Property | Woburn | Not Available | 1,074,644 | 198,021 | 876,622 | 18,872 | 31,342 | 826,409 | ||||||
7.05 | Property | Nashua | Not Available | 846,682 | 212,320 | 634,361 | 16,739 | 28,281 | 589,342 | ||||||
7.06 | Property | Woburn CPD | Not Available | 768,259 | 145,891 | 622,368 | 13,216 | 22,824 | 586,328 | ||||||
7.07 | Property | (West) Bridgewater | Not Available | 787,578 | 256,259 | 531,318 | 12,266 | 22,654 | 496,397 | ||||||
7.08 | Property | Manchester, NH | Not Available | 627,924 | 130,200 | 497,724 | 12,262 | 21,575 | 463,887 | ||||||
7.09 | Property | Norwalk 256 | Not Available | 565,724 | 101,853 | 463,872 | 11,071 | 13,816 | 438,985 | ||||||
7.10 | Property | New London | Not Available | 594,004 | 159,374 | 434,630 | 14,169 | 13,977 | 406,484 | ||||||
7.11 | Property | East Haven | Not Available | 576,232 | 158,648 | 417,584 | 16,378 | 13,500 | 387,707 | ||||||
7.12 | Property | Lincoln | Not Available | 538,524 | 136,129 | 402,395 | 12,036 | 18,862 | 371,497 | ||||||
7.13 | Property | Bethlehem | Not Available | 516,178 | 143,546 | 372,631 | 12,410 | 17,177 | 343,044 | ||||||
7.14 | Property | Salem | Not Available | 471,894 | 94,447 | 377,447 | 11,036 | 15,994 | 350,416 | ||||||
7.15 | Property | Norwalk 260 | Not Available | 478,289 | 74,012 | 404,277 | 7,156 | 11,876 | 385,245 | ||||||
7.16 | Property | Berlin | Not Available | 480,220 | 102,462 | 377,758 | 12,317 | 11,594 | 353,847 | ||||||
7.17 | Property | Dartmouth | Not Available | 433,917 | 98,573 | 335,343 | 11,718 | 15,333 | 308,292 | ||||||
7.18 | Property | Manchester, CT | Not Available | 364,650 | 94,725 | 269,926 | 10,171 | 8,827 | 250,928 | ||||||
7.19 | Property | Portland | Not Available | 340,246 | 80,014 | 260,232 | 15,174 | 11,822 | 233,235 | ||||||
7.20 | Property | Braintree | Not Available | 362,958 | 110,968 | 251,990 | 10,496 | 10,121 | 231,373 | ||||||
7.21 | Property | Warwick | Not Available | 316,516 | 79,565 | 236,951 | 6,585 | 10,780 | 219,586 | ||||||
7.22 | Property | Fitchburg | Not Available | 265,297 | 63,546 | 201,751 | 12,101 | 9,373 | 180,277 | ||||||
7.23 | Property | Auburn | Not Available | 271,258 | 74,815 | 196,443 | 12,792 | 9,021 | 174,630 | ||||||
7.24 | Property | Berlin CPD | Not Available | 283,084 | 55,602 | 227,482 | 6,909 | 7,025 | 213,548 | ||||||
7.25 | Property | Portsmouth | Not Available | 243,911 | 52,417 | 191,494 | 5,734 | 8,305 | 177,455 | ||||||
7.26 | Property | Southampton | Not Available | 239,533 | 75,248 | 164,285 | 5,463 | 8,084 | 150,739 | ||||||
7.27 | Property | Wilkes-Barre | Not Available | 207,363 | 53,654 | 153,709 | 4,830 | 7,358 | 141,521 | ||||||
7.28 | Property | Hyannis | Not Available | 191,957 | 43,315 | 148,642 | 3,611 | 6,415 | 138,616 | ||||||
7.29 | Property | Springfield | Not Available | 216,088 | 73,253 | 142,835 | 6,568 | 6,424 | 129,844 | ||||||
7.30 | Property | White River Junction | Not Available | 128,239 | 29,650 | 98,589 | 6,019 | 4,039 | 88,530 | ||||||
8 | Loan | 33, 34 | LCF | Ladder Capital Finance LLC | Marriott Phoenix Airport | Trailing 12 | 15,481,166 | 9,800,586 | 5,680,580 | 14.2% | 774,058 | 0 | 4,906,521 | 1.99 | 12.3% |
9 | Loan | 8, 35, 36 | CREFI | Citi Real Estate Funding Inc. | Austin Landing Mixed-Use | Trailing 12 | 18,661,617 | 7,134,201 | 11,527,416 | 13.0% | 97,527 | 723,985 | 10,705,903 | 2.62 | 12.1% |
10 | Loan | 37, 38, 39, 40, 41 | CREFI | Citi Real Estate Funding Inc., Wells Fargo Bank, N.A. | Giant Anchored Portfolio | Trailing 12 | 11,645,551 | 2,827,787 | 8,817,765 | 9.1% | 153,800 | 351,839 | 8,312,126 | 1.52 | 8.6% |
10.01 | Property | Parkway Plaza | Trailing 12 | 2,149,542 | 558,858 | 1,590,684 | 36,639 | 60,614 | 1,493,430 | ||||||
10.02 | Property | Aston Center | Trailing 12 | 1,645,439 | 283,468 | 1,361,972 | 0 | 47,119 | 1,314,853 | ||||||
10.03 | Property | Spring Meadow | Trailing 12 | 2,053,747 | 620,391 | 1,433,356 | 24,656 | 51,918 | 1,356,782 | ||||||
10.04 | Property | Scott Town Center | Trailing 12 | 1,541,889 | 293,995 | 1,247,895 | 26,490 | 49,804 | 1,171,601 | ||||||
10.05 | Property | Creekside Marketplace | Trailing 12 | 1,626,252 | 453,098 | 1,173,154 | 35,414 | 54,502 | 1,083,238 | ||||||
10.06 | Property | Stonehenge Square | Trailing 12 | 1,525,918 | 365,163 | 1,160,755 | 7,981 | 53,529 | 1,099,245 | ||||||
10.07 | Property | AYR Town Center | Trailing 12 | 1,102,763 | 252,813 | 849,950 | 22,620 | 34,354 | 792,976 | ||||||
11 | Loan | 42, 43, 44, 45 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 1 | Trailing 12 | 3,381,123 | 990,378 | 2,390,745 | 6.6% | 19,045 | 2,650 | 2,369,050 | 1.70 | 6.5% |
11.01 | Property | 170-174 E 2nd St | Trailing 12 | 1,830,765 | 492,198 | 1,338,567 | 10,975 | 750 | 1,326,842 | ||||||
11.02 | Property | 325 E 10th St | Trailing 12 | 749,550 | 323,222 | 426,328 | 5,000 | 0 | 421,328 | ||||||
11.03 | Property | 23 Avenue A | Trailing 12 | 427,093 | 93,586 | 333,508 | 1,860 | 1,200 | 330,448 | ||||||
11.04 | Property | 49.5 1st Avenue | Trailing 12 | 373,715 | 81,372 | 292,343 | 1,210 | 700 | 290,433 | ||||||
12 | Loan | 8, 46, 47, 48, 49 | SMC | Starwood Mortgage Capital LLC | Alrig Portfolio | Trailing 12 | 9,703,579 | 3,958,027 | 5,745,552 | 11.6% | 123,909 | 730,926 | 4,890,717 | 1.72 | 9.9% |
12.01 | Property | Bingham III | Trailing 12 | 2,493,624 | 1,054,516 | 1,439,108 | 35,470 | 199,054 | 1,204,584 | ||||||
12.02 | Property | 30445 Northwestern Highway | Trailing 12 | 1,296,315 | 530,513 | 765,801 | 18,027 | 116,271 | 631,503 | ||||||
12.03 | Property | 1750 South Telegraph Road | Trailing 12 | 1,325,692 | 475,004 | 850,687 | 7,159 | 84,848 | 758,681 | ||||||
12.04 | Property | 2550 South Telegraph Road | Trailing 12 | 948,747 | 459,693 | 489,054 | 12,204 | 76,534 | 400,316 | ||||||
12.05 | Property | 32270 Telegraph Road | Trailing 12 | 683,887 | 326,145 | 357,742 | 10,280 | 65,799 | 281,663 | ||||||
12.06 | Property | 2525 South Telegraph Road | Trailing 12 | 594,458 | 240,970 | 353,488 | 9,357 | 40,631 | 303,499 | ||||||
12.07 | Property | Ellsworth Shopping Center | Not Available | 356,625 | 99,017 | 257,607 | 1,867 | 18,825 | 236,916 | ||||||
12.08 | Property | 3300 Alpine Avenue | Not Available | 296,633 | 58,983 | 237,650 | 939 | 8,205 | 228,506 | ||||||
12.09 | Property | 21 East Long Lake Road | Trailing 12 | 564,177 | 247,498 | 316,678 | 10,873 | 33,360 | 272,445 | ||||||
12.10 | Property | Fairways Office Building | Trailing 12 | 596,825 | 259,819 | 337,006 | 10,104 | 44,336 | 282,566 | ||||||
12.11 | Property | 7115 Orchard Lake Road | Trailing 12 | 316,754 | 119,223 | 197,531 | 6,179 | 31,378 | 159,975 | ||||||
12.12 | Property | CGS Canton | Trailing 12 | 229,845 | 86,645 | 143,200 | 1,450 | 11,686 | 130,064 | ||||||
13 | Loan | 8, 50, 51 | SMC | Starwood Mortgage Capital LLC | Park Central Tower | Trailing 12 | 10,798,420 | 4,602,639 | 6,195,782 | 10.3% | 160,357 | 720,342 | 5,315,083 | 1.54 | 8.9% |
14 | Loan | 8, 52, 53 | LCF | Ladder Capital Finance LLC | Shoppes at Parma | Trailing 12 | 9,956,513 | 3,633,806 | 6,322,706 | 11.1% | 145,255 | 363,138 | 5,814,314 | 1.74 | 10.2% |
15 | Loan | 54 | RMF | Rialto Mortgage Finance, LLC | Town Center at Sterling | Trailing 12 | 4,500,067 | 994,115 | 3,505,952 | 10.4% | 27,536 | 183,570 | 3,294,846 | 1.74 | 9.8% |
16 | Loan | CREFI | Citi Real Estate Funding Inc. | Brazilian Court | Trailing 12 | 14,783,870 | 10,383,251 | 4,400,619 | 13.5% | 435,227 | 0 | 3,965,391 | 2.71 | 12.2% | |
17 | Loan | RMF | Rialto Mortgage Finance, LLC | Evergreen at Southwood | Trailing 12 | 4,681,450 | 1,806,924 | 2,874,525 | 9.1% | 72,000 | 0 | 2,802,525 | 2.50 | 8.9% | |
18 | Loan | 55 | LCF | Ladder Capital Finance LLC | Memorial West/EAV Portfolio | Trailing 12 | 4,334,559 | 1,665,490 | 2,669,068 | 8.7% | 28,597 | 107,237 | 2,533,234 | 1.88 | 8.3% |
18.01 | Property | Memorial West | Trailing 12 | 3,728,414 | 1,422,217 | 2,306,197 | 23,452 | 87,946 | 2,194,799 | ||||||
18.02 | Property | EAV Portfolio | Trailing 12 | 606,145 | 243,273 | 362,871 | 5,144 | 19,292 | 338,435 | ||||||
19 | Loan | 56, 57 | SMC | Starwood Mortgage Capital LLC | The Grand McCarren | Not Available | 2,281,026 | 324,551 | 1,956,475 | 7.0% | 10,400 | 0 | 1,946,075 | 1.64 | 7.0% |
20 | Loan | 58, 59 | LCF | Ladder Capital Finance LLC | 84 South | Trailing 12 | 3,840,246 | 1,330,087 | 2,510,160 | 9.7% | 38,980 | 68,215 | 2,402,965 | 1.62 | 9.3% |
21 | Loan | 60, 61, 62 | RMF | Rialto Mortgage Finance, LLC | Sharon Square | Trailing 12 | 3,369,036 | 1,055,904 | 2,313,132 | 9.5% | 15,568 | 100,978 | 2,196,587 | 1.99 | 9.0% |
22 | Loan | 63 | CREFI | Citi Real Estate Funding Inc. | Sawgrass Village | Trailing 12 | 3,035,284 | 991,979 | 2,043,305 | 9.6% | 22,491 | 146,841 | 1,873,973 | 2.46 | 8.8% |
23 | Loan | LCF | Ladder Capital Finance LLC | Sherwood and Glen Ridge MHC | Trailing 12 | 2,483,910 | 851,083 | 1,632,827 | 7.8% | 21,800 | 0 | 1,611,027 | 1.30 | 7.7% | |
24 | Loan | 64 | SMC | Starwood Mortgage Capital LLC | Shops at Central Park | Trailing 12 | 2,982,876 | 1,044,876 | 1,938,000 | 10.0% | 34,543 | 172,713 | 1,730,745 | 1.59 | 8.9% |
25 | Loan | 65 | CREFI | Citi Real Estate Funding Inc. | Coventry Square | Trailing 12 | 2,212,106 | 822,952 | 1,389,154 | 7.6% | 27,398 | 0 | 1,361,756 | 1.99 | 7.4% |
26 | Loan | 66 | RMF | Rialto Mortgage Finance, LLC | Suburbia Shopping Center | Trailing 12 | 2,515,403 | 875,792 | 1,639,611 | 9.4% | 21,988 | 133,832 | 1,483,791 | 1.48 | 8.5% |
27 | Loan | 67 | RMF | Rialto Mortgage Finance, LLC | Homewood Suites - Eatontown | Trailing 12 | 5,737,310 | 3,146,681 | 2,590,629 | 15.1% | 229,492 | 0 | 2,361,137 | 2.33 | 13.8% |
28 | Loan | CREFI | Citi Real Estate Funding Inc. | 408 West 130th Street | Trailing 12 | 1,701,362 | 479,117 | 1,222,245 | 7.6% | 20,750 | 0 | 1,201,495 | 1.92 | 7.5% | |
29 | Loan | SMC | Starwood Mortgage Capital LLC | Quail Meadows | Trailing 12 | 2,522,276 | 975,535 | 1,546,741 | 9.9% | 106,800 | 0 | 1,439,941 | 1.56 | 9.2% | |
30 | Loan | 68 | SMC | Starwood Mortgage Capital LLC | Hawks Landing Apartments | Not Available | 1,853,336 | 500,087 | 1,353,249 | 9.2% | 43,200 | 0 | 1,310,049 | 2.10 | 8.9% |
31 | Loan | CREFI | Citi Real Estate Funding Inc. | Shadow Lake Apartments | Trailing 12 | 2,756,445 | 1,588,064 | 1,168,381 | 8.7% | 57,000 | 0 | 1,111,381 | 2.10 | 8.3% | |
32 | Loan | LCF | Ladder Capital Finance LLC | Northridge Commons | Trailing 12 | 1,837,745 | 572,093 | 1,265,652 | 9.9% | 19,046 | 63,485 | 1,183,121 | 1.58 | 9.3% | |
33 | Loan | 69 | SMC | Starwood Mortgage Capital LLC | Noll Portfolio | Trailing 12 | 2,098,953 | 700,871 | 1,398,082 | 11.2% | 32,209 | 88,813 | 1,277,060 | 1.68 | 10.2% |
33.01 | Property | Ghent Road | Trailing 12 | 605,564 | 138,285 | 467,279 | 5,443 | 21,771 | 440,065 | ||||||
33.02 | Property | Fairlawn Office Properties | Trailing 12 | 584,225 | 240,865 | 343,361 | 11,294 | 30,109 | 301,958 | ||||||
33.03 | Property | Mill Valley | Trailing 12 | 363,313 | 105,221 | 258,092 | 6,250 | 12,297 | 239,545 | ||||||
33.04 | Property | Brecksville | Trailing 12 | 303,293 | 137,685 | 165,608 | 3,591 | 13,316 | 148,702 | ||||||
33.05 | Property | 782-788 West Market Street | Trailing 12 | 122,640 | 32,834 | 89,806 | 3,216 | 5,008 | 81,582 | ||||||
33.06 | Property | 1303 West Maple | Trailing 12 | 119,918 | 45,982 | 73,936 | 2,415 | 6,312 | 65,209 | ||||||
34 | Loan | 70, 71 | LCF | Ladder Capital Finance LLC | Palm Bay West Shopping Center | Trailing 12 | 2,151,571 | 720,595 | 1,430,976 | 11.7% | 52,831 | 262,707 | 1,115,438 | 1.60 | 9.1% |
35 | Loan | LCF | Ladder Capital Finance LLC | Royal Ridge Apartments | Trailing 12 | 2,911,611 | 1,606,182 | 1,305,429 | 10.9% | 103,500 | 0 | 1,201,929 | 2.32 | 10.0% | |
36 | Loan | CREFI | Citi Real Estate Funding Inc. | Stanford Court | Trailing 12 | 1,500,407 | 634,499 | 865,908 | 7.6% | 19,738 | 0 | 846,170 | 1.99 | 7.4% | |
37 | Loan | CREFI | Citi Real Estate Funding Inc. | 604 Tenth Ave | Trailing 12 | 1,161,340 | 334,031 | 827,309 | 7.5% | 2,735 | 34,341 | 790,233 | 1.69 | 7.2% | |
38 | Loan | CREFI | Citi Real Estate Funding Inc. | 224 Walworth Street | Trailing 12 | 926,206 | 107,794 | 818,413 | 7.9% | 17,376 | 0 | 801,037 | 2.04 | 7.7% | |
39 | Loan | 72, 73 | SMC | Starwood Mortgage Capital LLC | TownePlace Suites Weston | Trailing 12 | 3,564,993 | 2,198,772 | 1,366,221 | 13.3% | 142,600 | 0 | 1,223,621 | 1.98 | 11.9% |
40 | Loan | 8, 74, 75 | SMC | Starwood Mortgage Capital LLC | Wells Fargo Place | Trailing 12 | 17,930,064 | 9,329,767 | 8,600,297 | 10.8% | 161,615 | 468,054 | 7,970,628 | 2.89 | 10.0% |
41 | Loan | 76, 77, 78 | LCF | Ladder Capital Finance LLC | Courtyard by Marriott New Haven/Milford | Trailing 12 | 4,822,811 | 3,448,074 | 1,374,736 | 14.1% | 192,912 | 0 | 1,181,824 | 1.93 | 12.1% |
42 | Loan | CREFI | Citi Real Estate Funding Inc. | The Madison | Trailing 12 | 1,172,105 | 503,439 | 668,666 | 7.5% | 14,000 | 0 | 654,666 | 1.97 | 7.4% | |
43 | Loan | SMC | Starwood Mortgage Capital LLC | 39 East 21st Street | Not Available | 715,635 | 94,663 | 620,972 | 7.3% | 6,000 | 0 | 614,972 | 1.69 | 7.2% | |
44 | Loan | CREFI | Citi Real Estate Funding Inc. | Village on the Green | Trailing 12 | 1,027,844 | 446,355 | 581,489 | 7.5% | 11,500 | 0 | 569,989 | 1.96 | 7.3% | |
45 | Loan | 79, 80 | LCF | Ladder Capital Finance LLC | Highland Commons | Trailing 12 | 1,427,592 | 514,425 | 913,167 | 12.5% | 9,532 | 63,541 | 840,094 | 1.95 | 11.5% |
46 | Loan | 81 | LCF | Ladder Capital Finance LLC | 7223-7241 Fair Oaks | Trailing 12 | 931,871 | 282,677 | 649,194 | 9.4% | 9,156 | 30,522 | 609,516 | 1.55 | 8.8% |
47 | Loan | 82, 83 | RMF | Rialto Mortgage Finance, LLC | Morton Place Apartments | Trailing 12 | 1,256,878 | 511,868 | 745,009 | 12.6% | 42,000 | 0 | 703,009 | 2.07 | 11.9% |
48 | Loan | 84 | RMF | Rialto Mortgage Finance, LLC | Hampton Inn Cleveland-Westlake | Trailing 12 | 2,497,078 | 1,723,875 | 773,203 | 13.8% | 99,883 | 0 | 673,320 | 1.95 | 12.0% |
49 | Loan | 85, 86 | SMC | Starwood Mortgage Capital LLC | Vilcom Office | Trailing 12 | 781,723 | 252,280 | 529,443 | 10.2% | 7,922 | 19,804 | 501,717 | 1.60 | 9.6% |
50 | Loan | SMC | Starwood Mortgage Capital LLC | 558 West 193rd Street | Trailing 12 | 540,436 | 206,892 | 333,544 | 7.2% | 7,905 | 0 | 325,639 | 1.80 | 7.0% | |
51 | Loan | SMC | Starwood Mortgage Capital LLC | Portland MHP | Trailing 12 | 613,013 | 242,302 | 370,711 | 15.4% | 5,800 | 0 | 364,911 | 2.58 | 15.2% | |
52 | Loan | RMF | Rialto Mortgage Finance, LLC | Birdneck Self Storage | Trailing 12 | 337,331 | 132,239 | 205,093 | 9.4% | 4,744 | 0 | 200,349 | 1.41 | 9.2% | |
53 | Loan | SMC | Starwood Mortgage Capital LLC | Stoney River Fee | Not Available | 186,064 | 6,439 | 179,625 | 8.6% | 0 | 0 | 179,625 | 1.34 | 8.6% | |
54 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Sullivan, IL | Not Available | 104,652 | 3,140 | 101,513 | 8.7% | 1,596 | 0 | 99,917 | 1.81 | 8.5% | |
55 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Adrian, MO | Not Available | 79,581 | 2,387 | 77,194 | 9.0% | 1,354 | 0 | 75,840 | 1.88 | 8.9% |
Page 7 of 15
CGCMT 2019-C7 Annex A | |||||||||||||||
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Appraised Value ($) | Appraisal Date | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) | Occupancy (%) (5) | Occupancy Date | ADR ($) | RevPAR ($) | Largest Tenant | Largest Tenant Sq Ft |
1 | Loan | 8, 9, 10, 11, 12 | CREFI | Citi Real Estate Funding Inc. | 490-504 Myrtle Avenue | 141,300,000 | 9/4/2019 | 60.2% | 60.2% | 96.2% | 10/25/2019 | NAP | NAP | ||
1.01 | Property | 504 Myrtle Avenue | 87,200,000 | 9/4/2019 | 96.5% | 10/25/2019 | NAP | NAP | NAP | ||||||
1.02 | Property | 490 Myrtle Avenue | 54,100,000 | 9/4/2019 | 95.7% | 10/25/2019 | NAP | NAP | NAP | ||||||
2 | Loan | 8, 13, 14, 15, 16, 17 | CREFI | Citi Real Estate Funding Inc., Goldman Sachs Bank USA, Barclays Capital Real Estate Inc., and BMO Harris Bank N.A. | 650 Madison Avenue | 1,210,000,000 | 10/31/2019 | 48.5% | 48.5% | 97.4% | 10/1/2019 | NAP | NAP | Ralph Lauren Corporation | 277,016 |
3 | Loan | 8, 18, 19, 20, 21 | CREFI | Citi Real Estate Funding Inc. | 805 Third Avenue | 460,000,000 | 10/1/2019 | 32.6% | 32.6% | 91.9% | 10/24/2019 | NAP | NAP | Meredith Corporation | 212,594 |
4 | Loan | 22, 23 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 2 | 68,700,000 | 10/3/2019 | 65.7% | 65.7% | 97.2% | 9/16/2019 | NAP | NAP | ||
4.01 | Property | 199-203 E 4th St | 33,900,000 | 10/3/2019 | 96.4% | 9/16/2019 | NAP | NAP | B&H Barbershop LLC | 500 | |||||
4.02 | Property | 118-120 E 4th St | 24,900,000 | 10/3/2019 | 97.1% | 9/16/2019 | NAP | NAP | NAP | ||||||
4.03 | Property | 315 E 10th St | 9,900,000 | 10/3/2019 | 100.0% | 9/16/2019 | NAP | NAP | NAP | ||||||
5 | Loan | 8, 24, 25, 26, 27 | CREFI | Citi Real Estate Funding Inc. | 405 E 4th Avenue | 98,300,000 | 10/8/2019 | 63.6% | 63.6% | 100.0% | 12/6/2019 | NAP | NAP | Snowflake Computing / Verkada | 62,338 |
6 | Loan | 28, 29 | CREFI | Citi Real Estate Funding Inc. | Gartner Campus South | 67,150,000 | 9/11/2019 | 60.0% | 60.0% | 100.0% | 12/6/2019 | NAP | NAP | Gartner | 251,949 |
7 | Loan | 8, 30, 31, 32 | CREFI | Citi Real Estate Funding Inc. | Harvey Building Products | 232,600,000 | Various | 68.8% | 62.2% | 100.0% | 12/6/2019 | NAP | NAP | ||
7.01 | Property | Londonderry / Manufacturing | 41,200,000 | 9/26/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 376,294 | |||||
7.02 | Property | Dartmouth / Manufacturing | 24,000,000 | 9/25/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 235,239 | |||||
7.03 | Property | Waltham Corporate | 22,600,000 | 9/25/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 54,400 | |||||
7.04 | Property | Woburn | 13,700,000 | 9/25/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 76,054 | |||||
7.05 | Property | Nashua | 9,800,000 | 9/26/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 111,594 | |||||
7.06 | Property | Woburn CPD | 9,400,000 | 9/25/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 59,800 | |||||
7.07 | Property | (West) Bridgewater | 8,600,000 | 9/26/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 81,776 | |||||
7.08 | Property | Manchester, NH | 7,700,000 | 9/26/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 81,747 | |||||
7.09 | Property | Norwalk 256 | 6,900,000 | 9/26/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 40,232 | |||||
7.10 | Property | New London | 6,750,000 | 9/26/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 70,642 | |||||
7.11 | Property | East Haven | 6,700,000 | 9/26/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 70,089 | |||||
7.12 | Property | Lincoln | 6,400,000 | 9/27/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 80,240 | |||||
7.13 | Property | Bethlehem | 6,000,000 | 9/18/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 71,091 | |||||
7.14 | Property | Salem | 5,800,000 | 9/26/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 58,286 | |||||
7.15 | Property | Norwalk 260 | 5,900,000 | 9/26/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 30,000 | |||||
7.16 | Property | Berlin | 5,400,000 | 9/26/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 43,796 | |||||
7.17 | Property | Dartmouth | 5,400,000 | 9/25/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 63,117 | |||||
7.18 | Property | Manchester, CT | 4,300,000 | 9/26/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 49,175 | |||||
7.19 | Property | Portland | 4,100,000 | 9/26/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 48,145 | |||||
7.20 | Property | Braintree | 4,000,000 | 9/26/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 32,531 | |||||
7.21 | Property | Warwick | 3,800,000 | 9/27/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 43,899 | |||||
7.22 | Property | Fitchburg | 3,400,000 | 9/25/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 39,433 | |||||
7.23 | Property | Auburn | 3,300,000 | 9/25/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 37,132 | |||||
7.24 | Property | Berlin CPD | 3,150,000 | 9/26/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 28,163 | |||||
7.25 | Property | Portsmouth | 3,000,000 | 9/26/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 31,470 | |||||
7.26 | Property | Southampton | 2,600,000 | 9/17/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 36,421 | |||||
7.27 | Property | Wilkes-Barre | 2,400,000 | 9/18/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 32,200 | |||||
7.28 | Property | Hyannis | 2,400,000 | 9/25/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 24,070 | |||||
7.29 | Property | Springfield | 2,300,000 | 9/27/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 25,347 | |||||
7.30 | Property | White River Junction | 1,600,000 | 9/26/2019 | 100.0% | 12/6/2019 | NAP | NAP | Harvey Building Products | 13,736 | |||||
8 | Loan | 33, 34 | LCF | Ladder Capital Finance LLC | Marriott Phoenix Airport | 76,100,000 | 10/1/2019 | 52.6% | 39.8% | 51.7% | 9/30/2019 | 168.41 | 87.08 | NAP | |
9 | Loan | 8, 35, 36 | CREFI | Citi Real Estate Funding Inc. | Austin Landing Mixed-Use | 143,450,000 | 8/1/2019 | 61.9% | 57.1% | 96.9% | 11/1/2019 | NAP | NAP | Kroger | 97,000 |
10 | Loan | 37, 38, 39, 40, 41 | CREFI | Citi Real Estate Funding Inc., Wells Fargo Bank, N.A. | Giant Anchored Portfolio | 130,500,000 | 10/1/2019 | 74.3% | 67.3% | 97.5% | 9/1/2019 | NAP | NAP | ||
10.01 | Property | Parkway Plaza | 24,200,000 | 10/1/2019 | 98.9% | 9/1/2019 | NAP | NAP | Giant | 71,335 | |||||
10.02 | Property | Aston Center | 20,700,000 | 10/1/2019 | 100.0% | 9/1/2019 | NAP | NAP | Giant | 55,000 | |||||
10.03 | Property | Spring Meadow | 22,400,000 | 10/1/2019 | 100.0% | 9/1/2019 | NAP | NAP | Giant | 67,400 | |||||
10.04 | Property | Scott Town Center | 18,200,000 | 10/1/2019 | 97.6% | 9/1/2019 | NAP | NAP | Giant | 54,333 | |||||
10.05 | Property | Creekside Marketplace | 18,000,000 | 10/1/2019 | 94.6% | 9/1/2019 | NAP | NAP | Giant | 57,428 | |||||
10.06 | Property | Stonehenge Square | 16,000,000 | 10/1/2019 | 97.1% | 9/1/2019 | NAP | NAP | Giant | 51,687 | |||||
10.07 | Property | AYR Town Center | 11,000,000 | 10/1/2019 | 94.5% | 9/1/2019 | NAP | NAP | Giant | 52,400 | |||||
11 | Loan | 42, 43, 44, 45 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 1 | 56,000,000 | 10/3/2019 | 65.1% | 65.1% | 97.3% | 9/16/2019 | NAP | NAP | ||
11.01 | Property | 170-174 E 2nd St | 33,300,000 | 10/3/2019 | 95.3% | 9/16/2019 | NAP | NAP | Karma Gallery Space | 500 | |||||
11.02 | Property | 325 E 10th St | 9,100,000 | 10/3/2019 | 100.0% | 9/16/2019 | NAP | NAP | NAP | ||||||
11.03 | Property | 23 Avenue A | 7,300,000 | 10/3/2019 | 100.0% | 9/16/2019 | NAP | NAP | Latte Bistro Café Inc | 2,400 | |||||
11.04 | Property | 49.5 1st Avenue | 6,300,000 | 10/3/2019 | 100.0% | 9/16/2019 | NAP | NAP | Starbucks Corporation | 1,400 | |||||
12 | Loan | 8, 46, 47, 48, 49 | SMC | Starwood Mortgage Capital LLC | Alrig Portfolio | 73,110,000 | Various | 67.7% | 58.6% | 90.9% | 10/17/2019 | NAP | NAP | ||
12.01 | Property | Bingham III | 14,300,000 | 9/24/2019 | 93.9% | 10/17/2019 | NAP | NAP | CPA Global | 29,305 | |||||
12.02 | Property | 30445 Northwestern Highway | 9,500,000 | 9/25/2019 | 89.6% | 10/17/2019 | NAP | NAP | Creative Empire, LLC | 10,390 | |||||
12.03 | Property | 1750 South Telegraph Road | 10,600,000 | 9/25/2019 | 95.7% | 10/17/2019 | NAP | NAP | Anselmi & Mierzejewski, PC | 13,579 | |||||
12.04 | Property | 2550 South Telegraph Road | 7,500,000 | 9/25/2019 | 92.1% | 10/17/2019 | NAP | NAP | Princeton Enterprises, LLC | 22,672 | |||||
12.05 | Property | 32270 Telegraph Road | 6,500,000 | 9/24/2019 | 61.9% | 10/17/2019 | NAP | NAP | Cardiology Associates of Birmingham, P.C. | 9,772 | |||||
12.06 | Property | 2525 South Telegraph Road | 4,600,000 | 9/25/2019 | 94.8% | 10/17/2019 | NAP | NAP | Law Offices of Pierce, Duke, Farrell, and Tafelski, PLC, Stroble Law Firm, P.C. | 4,406 | |||||
12.07 | Property | Ellsworth Shopping Center | 4,100,000 | 9/20/2019 | 100.0% | 10/17/2019 | NAP | NAP | AutoZone | 7,370 | |||||
12.08 | Property | 3300 Alpine Avenue | 3,860,000 | 9/27/2019 | 100.0% | 10/17/2019 | NAP | NAP | MOD Pizza | 2,600 | |||||
12.09 | Property | 21 East Long Lake Road | 3,800,000 | 9/25/2019 | 100.0% | 10/17/2019 | NAP | NAP | Steward Capital Management LLC | 5,554 | |||||
12.10 | Property | Fairways Office Building | 3,700,000 | 10/21/2019 | 96.7% | 10/17/2019 | NAP | NAP | Grand/Sakwa Management LLC | 9,268 | |||||
12.11 | Property | 7115 Orchard Lake Road | 2,600,000 | 9/25/2019 | 87.6% | 10/17/2019 | NAP | NAP | Paragon Underwriters, Inc. | 5,045 | |||||
12.12 | Property | CGS Canton | 2,050,000 | 9/30/2019 | 100.0% | 10/17/2019 | NAP | NAP | VHS Children's Hospital of Michigan, Inc. | 9,349 | |||||
13 | Loan | 8, 50, 51 | SMC | Starwood Mortgage Capital LLC | Park Central Tower | 103,700,000 | 10/3/2019 | 57.9% | 48.8% | 82.3% | 10/1/2019 | NAP | NAP | TBK Bank, SSB | 78,597 |
14 | Loan | 8, 52, 53 | LCF | Ladder Capital Finance LLC | Shoppes at Parma | 87,300,000 | 8/29/2019 | 65.4% | 52.3% | 93.2% | 10/3/2019 | NAP | NAP | Wal-Mart | 179,982 |
15 | Loan | 54 | RMF | Rialto Mortgage Finance, LLC | Town Center at Sterling | 45,000,000 | 10/10/2019 | 74.7% | 64.4% | 87.5% | 8/21/2019 | NAP | NAP | Giant | 46,935 |
16 | Loan | CREFI | Citi Real Estate Funding Inc. | Brazilian Court | 62,000,000 | 10/3/2019 | 52.4% | 52.4% | 65.8% | 8/31/2019 | 491.95 | 323.79 | NAP | ||
17 | Loan | RMF | Rialto Mortgage Finance, LLC | Evergreen at Southwood | 52,500,000 | 9/27/2019 | 59.9% | 59.9% | 95.1% | 10/16/2019 | NAP | NAP | NAP | ||
18 | Loan | 55 | LCF | Ladder Capital Finance LLC | Memorial West/EAV Portfolio | 52,000,000 | 7/10/2019 | 58.8% | 58.8% | 88.6% | 7/29/2019 | NAP | NAP | ||
18.01 | Property | Memorial West | 46,800,000 | 7/10/2019 | 87.7% | 7/29/2019 | NAP | NAP | Primrose School | 17,567 | |||||
18.02 | Property | EAV Portfolio | 5,200,000 | 7/10/2019 | 92.3% | 7/29/2019 | NAP | NAP | The Glenwood | 4,661 | |||||
19 | Loan | 56, 57 | SMC | Starwood Mortgage Capital LLC | The Grand McCarren | 44,900,000 | 10/7/2019 | 62.4% | 62.4% | 100.0% | 11/6/2019 | NAP | NAP | NAP | |
20 | Loan | 58, 59 | LCF | Ladder Capital Finance LLC | 84 South | 34,850,000 | 10/9/2019 | 74.2% | 62.5% | 100.0% | 10/21/2019 | NAP | NAP | Kohl's | 55,000 |
21 | Loan | 60, 61, 62 | RMF | Rialto Mortgage Finance, LLC | Sharon Square | 38,300,000 | 10/1/2019 | 63.7% | 63.7% | 94.1% | 10/31/2019 | NAP | NAP | SunTrust Bank | 63,200 |
22 | Loan | 63 | CREFI | Citi Real Estate Funding Inc. | Sawgrass Village | 32,700,000 | 10/17/2019 | 65.0% | 65.0% | 100.0% | 10/1/2019 | NAP | NAP | Comcast | 63,850 |
23 | Loan | LCF | Ladder Capital Finance LLC | Sherwood and Glen Ridge MHC | 29,170,000 | 9/19/2019 | 72.0% | 65.6% | 91.7% | 8/31/2019 | NAP | NAP | NAP | ||
24 | Loan | 64 | SMC | Starwood Mortgage Capital LLC | Shops at Central Park | 31,000,000 | 9/17/2019 | 62.6% | 53.2% | 84.4% | 10/7/2019 | NAP | NAP | Movie Tavern Inc | 48,914 |
25 | Loan | 65 | CREFI | Citi Real Estate Funding Inc. | Coventry Square | 27,000,000 | 9/17/2019 | 67.8% | 67.8% | 96.1% | 8/15/2019 | NAP | NAP | NAP | |
26 | Loan | 66 | RMF | Rialto Mortgage Finance, LLC | Suburbia Shopping Center | 24,600,000 | 8/27/2019 | 71.3% | 61.6% | 88.7% | 10/11/2019 | NAP | NAP | Giant Food Store LLC/Ahold | 51,071 |
27 | Loan | 67 | RMF | Rialto Mortgage Finance, LLC | Homewood Suites - Eatontown | 28,200,000 | 10/2/2019 | 60.8% | 48.7% | 79.6% | 10/31/2019 | 147.87 | 117.73 | NAP | |
28 | Loan | CREFI | Citi Real Estate Funding Inc. | 408 West 130th Street | 25,800,000 | 10/3/2019 | 62.4% | 62.4% | 96.4% | 10/15/2019 | NAP | NAP | NAP | ||
29 | Loan | SMC | Starwood Mortgage Capital LLC | Quail Meadows | 23,800,000 | 10/10/2019 | 65.5% | 52.6% | 93.5% | 10/31/2019 | NAP | NAP | NAP | ||
30 | Loan | 68 | SMC | Starwood Mortgage Capital LLC | Hawks Landing Apartments | 22,650,000 | 11/7/2019 | 64.9% | 64.9% | 91.0% | 11/21/2019 | NAP | NAP | NAP | |
31 | Loan | CREFI | Citi Real Estate Funding Inc. | Shadow Lake Apartments | 24,400,000 | 10/22/2019 | 54.9% | 54.9% | 94.3% | 10/31/2019 | NAP | NAP | NAP | ||
32 | Loan | LCF | Ladder Capital Finance LLC | Northridge Commons | 20,600,000 | 9/26/2019 | 61.9% | 49.6% | 84.1% | 9/6/2019 | NAP | NAP | The Kroger Co. | 46,849 | |
33 | Loan | 69 | SMC | Starwood Mortgage Capital LLC | Noll Portfolio | 18,990,000 | Various | 65.8% | 53.2% | 87.2% | 11/8/2019 | NAP | NAP | ||
33.01 | Property | Ghent Road | 6,100,000 | 10/4/2019 | 95.4% | 11/8/2019 | NAP | NAP | Ray's Place | 6,500 | |||||
33.02 | Property | Fairlawn Office Properties | 4,750,000 | 10/10/2019 | 79.6% | 11/8/2019 | NAP | NAP | University Hospitals Physician Services | 3,932 | |||||
33.03 | Property | Mill Valley | 3,600,000 | 10/4/2019 | 91.6% | 11/8/2019 | NAP | NAP | Mangino (Lucky's Grill) | 4,937 | |||||
33.04 | Property | Brecksville | 2,720,000 | 10/10/2019 | 76.0% | 11/8/2019 | NAP | NAP | Russell Realty | 4,160 | |||||
33.05 | Property | 782-788 West Market Street | 1,000,000 | 10/4/2019 | 100.0% | 11/8/2019 | NAP | NAP | Martell School of Dance | 3,600 | |||||
33.06 | Property | 1303 West Maple | 820,000 | 10/10/2019 | 100.0% | 11/8/2019 | NAP | NAP | Dr. Thomas Collins | 1,632 | |||||
34 | Loan | 70, 71 | LCF | Ladder Capital Finance LLC | Palm Bay West Shopping Center | 17,700,000 | 8/11/2019 | 69.0% | 61.2% | 90.6% | 10/1/2019 | NAP | NAP | Variety Stores, Inc dba Roses | 60,000 |
35 | Loan | LCF | Ladder Capital Finance LLC | Royal Ridge Apartments | 21,900,000 | 9/13/2019 | 54.8% | 54.8% | 96.2% | 10/2/2019 | NAP | NAP | NAP | ||
36 | Loan | CREFI | Citi Real Estate Funding Inc. | Stanford Court | 17,900,000 | 9/17/2019 | 63.7% | 63.7% | 95.8% | 8/15/2019 | NAP | NAP | NAP | ||
37 | Loan | CREFI | Citi Real Estate Funding Inc. | 604 Tenth Ave | 16,000,000 | 8/6/2019 | 68.8% | 68.8% | 100.0% | 6/30/2019 | NAP | NAP | Pio-Pio Ocho | 5,814 | |
38 | Loan | CREFI | Citi Real Estate Funding Inc. | 224 Walworth Street | 16,400,000 | 9/16/2019 | 63.1% | 63.1% | 100.0% | 10/1/2019 | NAP | NAP | NAP | ||
39 | Loan | 72, 73 | SMC | Starwood Mortgage Capital LLC | TownePlace Suites Weston | 16,000,000 | 10/1/2019 | 64.1% | 58.5% | 79.9% | 8/31/2019 | 127.51 | 101.93 | NAP | |
40 | Loan | 8, 74, 75 | SMC | Starwood Mortgage Capital LLC | Wells Fargo Place | 125,000,000 | 9/19/2019 | 64.0% | 64.0% | 85.0% | 10/21/2019 | NAP | NAP | Minnesota State Colleges and Universities | 90,513 |
41 | Loan | 76, 77, 78 | LCF | Ladder Capital Finance LLC | Courtyard by Marriott New Haven/Milford | 15,500,000 | 7/1/2020 | 62.9% | 51.3% | 77.8% | 9/30/2019 | 123.50 | 96.03 | NAP | |
42 | Loan | CREFI | Citi Real Estate Funding Inc. | The Madison | 13,300,000 | 9/17/2019 | 66.9% | 66.9% | 96.4% | 8/15/2019 | NAP | NAP | NAP | ||
43 | Loan | SMC | Starwood Mortgage Capital LLC | 39 East 21st Street | 13,000,000 | 9/23/2019 | 65.4% | 65.4% | 95.8% | 11/6/2019 | NAP | NAP | NAP | ||
44 | Loan | CREFI | Citi Real Estate Funding Inc. | Village on the Green | 12,000,000 | 9/17/2019 | 65.0% | 65.0% | 95.7% | 8/15/2019 | NAP | NAP | NAP | ||
45 | Loan | 79, 80 | LCF | Ladder Capital Finance LLC | Highland Commons | 11,100,000 | 9/10/2019 | 65.8% | 54.3% | 97.5% | 9/5/2019 | NAP | NAP | FreightCenter, Inc. | 21,089 |
46 | Loan | 81 | LCF | Ladder Capital Finance LLC | 7223-7241 Fair Oaks | 11,500,000 | 9/27/2019 | 60.0% | 47.6% | 100.0% | 10/1/2019 | NAP | NAP | Big Lots! | 30,299 |
47 | Loan | 82, 83 | RMF | Rialto Mortgage Finance, LLC | Morton Place Apartments | 8,300,000 | 10/1/2019 | 71.4% | 61.7% | 94.0% | 10/31/2019 | NAP | NAP | NAP | |
48 | Loan | 84 | RMF | Rialto Mortgage Finance, LLC | Hampton Inn Cleveland-Westlake | 8,900,000 | 10/1/2020 | 62.9% | 52.5% | 62.3% | 8/31/2019 | 89.51 | 55.79 | NAP | |
49 | Loan | 85, 86 | SMC | Starwood Mortgage Capital LLC | Vilcom Office | 7,616,000 | 10/25/2019 | 68.3% | 59.7% | 97.5% | 11/1/2019 | NAP | NAP | Piedmont Health Services, Inc. | 21,200 |
50 | Loan | SMC | Starwood Mortgage Capital LLC | 558 West 193rd Street | 7,700,000 | 9/16/2019 | 60.4% | 60.4% | 100.0% | 10/1/2019 | NAP | NAP | NAP | ||
51 | Loan | SMC | Starwood Mortgage Capital LLC | Portland MHP | 5,270,000 | 10/19/2019 | 45.5% | 36.5% | 93.1% | 10/30/2019 | NAP | NAP | NAP | ||
52 | Loan | RMF | Rialto Mortgage Finance, LLC | Birdneck Self Storage | 3,520,000 | 10/7/2019 | 61.9% | 59.2% | 83.6% | 9/30/2019 | NAP | NAP | NAP | ||
53 | Loan | SMC | Starwood Mortgage Capital LLC | Stoney River Fee | 4,300,000 | 9/5/2019 | 48.8% | 40.1% | NAP | NAP | NAP | NAP | NAP | ||
54 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Sullivan, IL | 1,670,000 | 8/9/2019 | 70.0% | 70.0% | 100.0% | 12/6/2019 | NAP | NAP | Dollar General | 10,640 | |
55 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Adrian, MO | 1,220,000 | 8/7/2019 | 70.0% | 70.0% | 100.0% | 12/6/2019 | NAP | NAP | Dollar General | 9,026 |
Page 8 of 15
CGCMT 2019-C7 Annex A | |||||||||||||||
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Largest Tenant Lease Expiration (6) | 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) | Fourth Largest Tenant | Fourth Largest Tenant Sq Ft | Fourth Largest Tenant Lease Expiration (6) |
1 | Loan | 8, 9, 10, 11, 12 | CREFI | Citi Real Estate Funding Inc. | 490-504 Myrtle Avenue | ||||||||||
1.01 | Property | 504 Myrtle Avenue | NAP | NAP | NAP | ||||||||||
1.02 | Property | 490 Myrtle Avenue | NAP | NAP | NAP | ||||||||||
2 | Loan | 8, 13, 14, 15, 16, 17 | CREFI | Citi Real Estate Funding Inc., Goldman Sachs Bank USA, Barclays Capital Real Estate Inc., and BMO Harris Bank N.A. | 650 Madison Avenue | 12/31/2024 | Memorial Sloan Kettering Cancer Center | 100,700 | 7/31/2023 | Sotheby's Int'l Realty Inc | 37,772 | 11/30/2035 | Willett Advisors LLC | 25,732 | 12/31/2024 |
3 | Loan | 8, 18, 19, 20, 21 | CREFI | Citi Real Estate Funding Inc. | 805 Third Avenue | 12/31/2026 | Toyota Tsusho America, Inc. | 41,322 | 11/30/2022 | Poten & Partners Inc. | 29,696 | 6/30/2020 | Asset International, Inc. | 23,800 | 12/31/2020 |
4 | Loan | 22, 23 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 2 | ||||||||||
4.01 | Property | 199-203 E 4th St | 8/31/2027 | NAP | NAP | NAP | |||||||||
4.02 | Property | 118-120 E 4th St | NAP | NAP | NAP | ||||||||||
4.03 | Property | 315 E 10th St | NAP | NAP | NAP | ||||||||||
5 | Loan | 8, 24, 25, 26, 27 | CREFI | Citi Real Estate Funding Inc. | 405 E 4th Avenue | 7/31/2029 | NAP | NAP | NAP | ||||||
6 | Loan | 28, 29 | CREFI | Citi Real Estate Funding Inc. | Gartner Campus South | 11/15/2038 | NAP | NAP | NAP | ||||||
7 | Loan | 8, 30, 31, 32 | CREFI | Citi Real Estate Funding Inc. | Harvey Building Products | ||||||||||
7.01 | Property | Londonderry / Manufacturing | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.02 | Property | Dartmouth / Manufacturing | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.03 | Property | Waltham Corporate | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.04 | Property | Woburn | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.05 | Property | Nashua | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.06 | Property | Woburn CPD | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.07 | Property | (West) Bridgewater | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.08 | Property | Manchester, NH | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.09 | Property | Norwalk 256 | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.10 | Property | New London | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.11 | Property | East Haven | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.12 | Property | Lincoln | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.13 | Property | Bethlehem | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.14 | Property | Salem | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.15 | Property | Norwalk 260 | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.16 | Property | Berlin | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.17 | Property | Dartmouth | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.18 | Property | Manchester, CT | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.19 | Property | Portland | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.20 | Property | Braintree | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.21 | Property | Warwick | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.22 | Property | Fitchburg | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.23 | Property | Auburn | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.24 | Property | Berlin CPD | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.25 | Property | Portsmouth | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.26 | Property | Southampton | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.27 | Property | Wilkes-Barre | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.28 | Property | Hyannis | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.29 | Property | Springfield | 10/21/2039 | NAP | NAP | NAP | |||||||||
7.30 | Property | White River Junction | 10/21/2039 | NAP | NAP | NAP | |||||||||
8 | Loan | 33, 34 | LCF | Ladder Capital Finance LLC | Marriott Phoenix Airport | NAP | NAP | NAP | |||||||
9 | Loan | 8, 35, 36 | CREFI | Citi Real Estate Funding Inc. | Austin Landing Mixed-Use | 12/31/2032 | Kohl's | 87,327 | 1/31/2032 | Cinepolis | 52,750 | 12/31/2031 | Field & Stream | 50,470 | 1/31/2030 |
10 | Loan | 37, 38, 39, 40, 41 | CREFI | Citi Real Estate Funding Inc., Wells Fargo Bank, N.A. | Giant Anchored Portfolio | ||||||||||
10.01 | Property | Parkway Plaza | 12/31/2023 | Rite Aid | 11,180 | 11/30/2023 | Kindercare Learning Centers | 10,964 | 4/30/2020 | Power Train Harrisburg West LL | 6,000 | 3/31/2020 | |||
10.02 | Property | Aston Center | 11/30/2025 | NAP | NAP | NAP | |||||||||
10.03 | Property | Spring Meadow | 10/31/2024 | Mavis Tire Supply, LLC | 6,700 | 3/31/2034 | Fulton Bank | 2,950 | 8/4/2024 | NAP | |||||
10.04 | Property | Scott Town Center | 7/31/2023 | AAA | 4,000 | 6/30/2022 | One Main Financial | 1,600 | 7/31/2023 | Subway | 1,600 | 7/31/2024 | |||
10.05 | Property | Creekside Marketplace | 3/31/2027 | Dollar Tree | 8,000 | 6/30/2022 | PLCB | 3,200 | 4/30/2022 | Pet Value, Inc. | 3,162 | 7/31/2027 | |||
10.06 | Property | Stonehenge Square | 5/31/2026 | PA Liquor Control Board | 5,170 | 8/31/2024 | Monroe Muffler Brake Inc. | 4,500 | 6/30/2020 | Power Train Fitness | 4,400 | 10/31/2020 | |||
10.07 | Property | AYR Town Center | 5/31/2025 | Wine & Spirits Store | 2,400 | 8/31/2024 | NAP | NAP | |||||||
11 | Loan | 42, 43, 44, 45 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 1 | ||||||||||
11.01 | Property | 170-174 E 2nd St | 8/31/2024 | Original Barber Shop LLC | 500 | 12/31/2020 | White Rose Collective | 250 | 3/31/2020 | NAP | |||||
11.02 | Property | 325 E 10th St | NAP | NAP | NAP | ||||||||||
11.03 | Property | 23 Avenue A | 4/30/2029 | NAP | NAP | NAP | |||||||||
11.04 | Property | 49.5 1st Avenue | 3/1/2022 | NAP | NAP | NAP | |||||||||
12 | Loan | 8, 46, 47, 48, 49 | SMC | Starwood Mortgage Capital LLC | Alrig Portfolio | ||||||||||
12.01 | Property | Bingham III | 11/30/2021 | Pyramid Solutions, Inc. | 11,885 | 12/31/2024 | Global Commercial Credit, LLC | 7,447 | 7/31/2024 | Provision Insurance Group, LLC | 6,154 | 12/31/2023 | |||
12.02 | Property | 30445 Northwestern Highway | 11/30/2022 | Mall, Malisow and Cooney, P.C. | 8,767 | 2/28/2021 | Dragun Corporation | 8,403 | 1/31/2023 | American Institute for Preventative Medicine, Inc. | 5,461 | 3/31/2020 | |||
12.03 | Property | 1750 South Telegraph Road | 1/31/2023 | Grosinger, Spigelman and Grey Eye Surgeons, PC | 13,169 | 7/31/2026 | Yottabyte, LLC | 10,118 | 6/30/2020 | Dennis, Moye, Branstetter and Associates, P.C. | 4,169 | 2/28/2023 | |||
12.04 | Property | 2550 South Telegraph Road | 4/30/2023 | Vision Specialists of Michigan, LLC | 10,038 | 4/14/2030 | Oakland Psychological Clinic, P.C. | 6,100 | 12/31/2022 | The Sherwin-Williams Company | 4,100 | 12/31/2022 | |||
12.05 | Property | 32270 Telegraph Road | 5/31/2025 | Spine Specialists of Michigan, Inc. | 7,995 | 9/30/2023 | Team Rehabilitation BF2, LLC | 7,464 | 9/30/2029 | Oakland Arthritis Center, P.C. | 5,000 | 11/30/2020 | |||
12.06 | Property | 2525 South Telegraph Road | 4/30/2021 | Associated Obstetrics & Gynecology, P.C. | 4,305 | 10/31/2020 | Laine Reynolds, Elizabeth Ross, and Tim Ross | 3,691 | 1/31/2022 | Neuro-Diagnostic and Sleep Disorder Center, P.C. | 2,817 | 7/31/2021 | |||
12.07 | Property | Ellsworth Shopping Center | 1/31/2039 | Mattress Firm | 4,190 | 1/31/2029 | Aspen Dental | 3,500 | 12/31/2028 | NAP | |||||
12.08 | Property | 3300 Alpine Avenue | 5/31/2029 | Chipotle | 2,300 | 6/30/2028 | Serenity Nails | 1,664 | 5/31/2029 | NAP | |||||
12.09 | Property | 21 East Long Lake Road | 9/30/2020 | Barrett & Associates, Inc | 4,843 | 12/31/2024 | Cronin Law Firm PLLC | 4,081 | 3/31/2022 | Integrated Capital Management, Inc | 2,099 | 5/31/2021 | |||
12.10 | Property | Fairways Office Building | 12/31/2020 | Miller and Tischler, PC | 7,708 | 4/30/2024 | Rochelle Liberman Travel Service, Inc. | 5,698 | 12/31/2022 | Title Connect, LLC | 4,625 | 2/28/2023 | |||
12.11 | Property | 7115 Orchard Lake Road | 1/31/2029 | Mally A.C.T., LLC | 4,946 | 2/28/2023 | MVC MSO, LLC | 2,110 | 12/31/2024 | Producers Marketing Group, Inc. | 1,914 | 8/31/2023 | |||
12.12 | Property | CGS Canton | 5/31/2025 | NAP | NAP | NAP | |||||||||
13 | Loan | 8, 50, 51 | SMC | Starwood Mortgage Capital LLC | Park Central Tower | 4/30/2026 | Holmes & Murphy & Assoc. | 72,477 | 4/30/2023 | CBC Restaurant Corp. | 29,674 | 6/30/2023 | FPT Operating Co. | 27,672 | 12/31/2029 |
14 | Loan | 8, 52, 53 | LCF | Ladder Capital Finance LLC | Shoppes at Parma | 2/28/2031 | J.C. Penney | 160,961 | 11/30/2023 | Dick's Sporting Goods, Inc. | 50,000 | 1/31/2026 | Marc's | 48,688 | 12/31/2027 |
15 | Loan | 54 | RMF | Rialto Mortgage Finance, LLC | Town Center at Sterling | 12/31/2028 | Planet Fitness | 24,475 | 6/30/2028 | Dollar Tree | 9,201 | 1/31/2022 | Kids First Swim School | 7,800 | 6/30/2023 |
16 | Loan | CREFI | Citi Real Estate Funding Inc. | Brazilian Court | NAP | NAP | NAP | ||||||||
17 | Loan | RMF | Rialto Mortgage Finance, LLC | Evergreen at Southwood | NAP | NAP | NAP | ||||||||
18 | Loan | 55 | LCF | Ladder Capital Finance LLC | Memorial West/EAV Portfolio | ||||||||||
18.01 | Property | Memorial West | 5/31/2028 | My Salon Suites | 6,241 | 11/30/2028 | Sixthman, Ltd. | 6,133 | 3/31/2026 | Ace Hardware | 5,705 | 12/31/2022 | |||
18.02 | Property | EAV Portfolio | 5/31/2022 | Urbananda, LLC | 2,440 | 5/31/2024 | Banshee | 2,321 | 6/30/2028 | Thrive Neuro Health | 2,234 | 10/31/2020 | |||
19 | Loan | 56, 57 | SMC | Starwood Mortgage Capital LLC | The Grand McCarren | NAP | NAP | NAP | |||||||
20 | Loan | 58, 59 | LCF | Ladder Capital Finance LLC | 84 South | 5/31/2039 | Fresh Thyme | 28,750 | 8/31/2032 | Total Wine & More | 25,000 | 4/30/2028 | Ross Dress for Less Inc | 25,000 | 1/31/2028 |
21 | Loan | 60, 61, 62 | RMF | Rialto Mortgage Finance, LLC | Sharon Square | 6/30/2026 | Pappas Properties, LLC | 7,333 | 10/31/2023 | Oak Steakhouse | 5,392 | 4/30/2032 | White Oak Commercial Finance, LLC | 4,509 | 10/31/2029 |
22 | Loan | 63 | CREFI | Citi Real Estate Funding Inc. | Sawgrass Village | 4/30/2027 | Bolton Medical | 48,606 | 10/31/2030 | NAP | NAP | ||||
23 | Loan | LCF | Ladder Capital Finance LLC | Sherwood and Glen Ridge MHC | NAP | NAP | NAP | ||||||||
24 | Loan | 64 | SMC | Starwood Mortgage Capital LLC | Shops at Central Park | 2/28/2026 | Urban Air | 28,192 | 5/31/2028 | Bedford Ice House LLC | 7,900 | 10/31/2024 | Boomerjack's Grill | 7,012 | 7/31/2024 |
25 | Loan | 65 | CREFI | Citi Real Estate Funding Inc. | Coventry Square | NAP | NAP | NAP | |||||||
26 | Loan | 66 | RMF | Rialto Mortgage Finance, LLC | Suburbia Shopping Center | 7/31/2023 | Dollar Tree | 10,785 | 4/30/2021 | Rascals Fitness | 10,088 | 12/31/2022 | Peapod | 9,858 | 7/31/2023 |
27 | Loan | 67 | RMF | Rialto Mortgage Finance, LLC | Homewood Suites - Eatontown | NAP | NAP | NAP | |||||||
28 | Loan | CREFI | Citi Real Estate Funding Inc. | 408 West 130th Street | NAP | NAP | NAP | ||||||||
29 | Loan | SMC | Starwood Mortgage Capital LLC | Quail Meadows | NAP | NAP | NAP | ||||||||
30 | Loan | 68 | SMC | Starwood Mortgage Capital LLC | Hawks Landing Apartments | NAP | NAP | NAP | |||||||
31 | Loan | CREFI | Citi Real Estate Funding Inc. | Shadow Lake Apartments | NAP | NAP | NAP | ||||||||
32 | Loan | LCF | Ladder Capital Finance LLC | Northridge Commons | 1/31/2025 | Burn Fitness | 18,242 | 6/30/2028 | Ascension Health | 10,188 | 9/30/2023 | Scrappy Chic | 6,512 | 2/28/2022 | |
33 | Loan | 69 | SMC | Starwood Mortgage Capital LLC | Noll Portfolio | ||||||||||
33.01 | Property | Ghent Road | 6/30/2023 | Nolas Beauty Salon | 4,440 | MTM | Health & Fitness | 3,761 | 5/31/2024 | Tito's Mexican Grill | 3,650 | 11/30/2023 | |||
33.02 | Property | Fairlawn Office Properties | 11/30/2021 | Dr. Chaturvedi | 3,417 | 10/1/2020 | US Bank | 3,266 | 4/30/2023 | Defenders | 1,800 | 3/31/2021 | |||
33.03 | Property | Mill Valley | 10/31/2023 | Memorial Hosp of Union | 2,812 | 5/31/2022 | Khouri Dental Care | 2,468 | 3/31/2024 | Acloche, LLC | 2,100 | 9/30/2021 | |||
33.04 | Property | Brecksville | 6/30/2021 | Ciresi & Morek | 2,940 | 8/31/2020 | CodeSummit | 2,780 | MTM | Neal Kaufman | 1,518 | 6/30/2020 | |||
33.05 | Property | 782-788 West Market Street | MTM | Annabell's, Inc. | 1,300 | MTM | Aladdins Eatery | 1,300 | 8/31/2023 | Highland Square Tattoo | 1,300 | 6/30/2023 | |||
33.06 | Property | 1303 West Maple | 6/30/2020 | Dr. Valerie Bell | 1,592 | 6/30/2020 | David Vangaasbeek | 1,496 | MTM | Oasis Women | 1,280 | 11/30/2021 | |||
34 | Loan | 70, 71 | LCF | Ladder Capital Finance LLC | Palm Bay West Shopping Center | 6/30/2025 | Winn-Dixie Stores Leasing, LLC | 56,000 | 11/18/2027 | NCG Cinema | 28,118 | 12/31/2029 | Ollies Discount Bargain Outlet | 28,000 | 1/31/2028 |
35 | Loan | LCF | Ladder Capital Finance LLC | Royal Ridge Apartments | NAP | NAP | NAP | ||||||||
36 | Loan | CREFI | Citi Real Estate Funding Inc. | Stanford Court | NAP | NAP | NAP | ||||||||
37 | Loan | CREFI | Citi Real Estate Funding Inc. | 604 Tenth Ave | 10/4/2033 | Dunkin Donuts | 2,125 | 1/27/2023 | Grace Wine & Spirits | 1,712 | 1/27/2021 | Omni Dry Cleaner | 750 | 4/21/2033 | |
38 | Loan | CREFI | Citi Real Estate Funding Inc. | 224 Walworth Street | NAP | NAP | NAP | ||||||||
39 | Loan | 72, 73 | SMC | Starwood Mortgage Capital LLC | TownePlace Suites Weston | NAP | NAP | NAP | |||||||
40 | Loan | 8, 74, 75 | SMC | Starwood Mortgage Capital LLC | Wells Fargo Place | 7/31/2022 | AgriBank | 86,298 | 10/31/2026 | IRS | 56,144 | 2/28/2021 | Wells Fargo Bank | 43,402 | 9/30/2023 |
41 | Loan | 76, 77, 78 | LCF | Ladder Capital Finance LLC | Courtyard by Marriott New Haven/Milford | NAP | NAP | NAP | |||||||
42 | Loan | CREFI | Citi Real Estate Funding Inc. | The Madison | NAP | NAP | NAP | ||||||||
43 | Loan | SMC | Starwood Mortgage Capital LLC | 39 East 21st Street | NAP | NAP | NAP | ||||||||
44 | Loan | CREFI | Citi Real Estate Funding Inc. | Village on the Green | NAP | NAP | NAP | ||||||||
45 | Loan | 79, 80 | LCF | Ladder Capital Finance LLC | Highland Commons | 5/31/2024 | Elite Insurance Partners | 18,278 | 8/31/2024 | Green Hills Software | 13,695 | 12/31/2022 | NCCCO | 8,866 | 10/30/2026 |
46 | Loan | 81 | LCF | Ladder Capital Finance LLC | 7223-7241 Fair Oaks | 1/31/2024 | Smart & Final Extra! | 25,348 | 8/31/2029 | Wells Fargo | 5,396 | 10/21/2020 | NAP | ||
47 | Loan | 82, 83 | RMF | Rialto Mortgage Finance, LLC | Morton Place Apartments | NAP | NAP | NAP | |||||||
48 | Loan | 84 | RMF | Rialto Mortgage Finance, LLC | Hampton Inn Cleveland-Westlake | NAP | NAP | NAP | |||||||
49 | Loan | 85, 86 | SMC | Starwood Mortgage Capital LLC | Vilcom Office | 9/30/2026 | Habitat for Humanity | 5,814 | 3/31/2024 | Dennis W. Ellis, DDS | 3,447 | 12/31/2028 | Voices Together | 3,343 | 9/30/2024 |
50 | Loan | SMC | Starwood Mortgage Capital LLC | 558 West 193rd Street | NAP | NAP | NAP | ||||||||
51 | Loan | SMC | Starwood Mortgage Capital LLC | Portland MHP | NAP | NAP | NAP | ||||||||
52 | Loan | RMF | Rialto Mortgage Finance, LLC | Birdneck Self Storage | NAP | NAP | NAP | ||||||||
53 | Loan | SMC | Starwood Mortgage Capital LLC | Stoney River Fee | NAP | NAP | NAP | ||||||||
54 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Sullivan, IL | 5/31/2034 | NAP | NAP | NAP | |||||||
55 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Adrian, MO | 6/30/2034 | NAP | NAP | NAP |
Page 9 of 15
CGCMT 2019-C7 Annex A | |||||||||||||||
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Fifth Largest Tenant | Fifth Largest Tenant Sq Ft | Fifth Largest Tenant Lease Expiration (6) | Environmental Phase I Report Date | Environmental Phase II Y/N | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Earthquake Insurance Required Y/N |
1 | Loan | 8, 9, 10, 11, 12 | CREFI | Citi Real Estate Funding Inc. | 490-504 Myrtle Avenue | No | |||||||||
1.01 | Property | 504 Myrtle Avenue | NAP | 10/1/2019 | No | NAP | 9/30/2019 | NAP | NAP | No | |||||
1.02 | Property | 490 Myrtle Avenue | NAP | 10/1/2019 | No | NAP | 9/30/2019 | NAP | NAP | No | |||||
2 | Loan | 8, 13, 14, 15, 16, 17 | CREFI | Citi Real Estate Funding Inc., Goldman Sachs Bank USA, Barclays Capital Real Estate Inc., and BMO Harris Bank N.A. | 650 Madison Avenue | BC Partners Inc. | 19,380 | 1/31/2027 | 10/29/2019 | No | NAP | 10/29/2019 | NAP | NAP | No |
3 | Loan | 8, 18, 19, 20, 21 | CREFI | Citi Real Estate Funding Inc. | 805 Third Avenue | YES Network, LLC | 23,800 | 5/31/2022 | 10/11/2019 | No | NAP | 10/14/2019 | NAP | NAP | No |
4 | Loan | 22, 23 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 2 | No | |||||||||
4.01 | Property | 199-203 E 4th St | NAP | 10/7/2019 | No | NAP | 10/7/2019 | NAP | NAP | No | |||||
4.02 | Property | 118-120 E 4th St | NAP | 10/7/2019 | No | NAP | 10/7/2019 | NAP | NAP | No | |||||
4.03 | Property | 315 E 10th St | NAP | 10/7/2019 | No | NAP | 10/7/2019 | NAP | NAP | No | |||||
5 | Loan | 8, 24, 25, 26, 27 | CREFI | Citi Real Estate Funding Inc. | 405 E 4th Avenue | NAP | 7/15/2019 | No | NAP | 7/15/2019 | 7/12/2019 | 11% | No | ||
6 | Loan | 28, 29 | CREFI | Citi Real Estate Funding Inc. | Gartner Campus South | NAP | 9/18/2019 | No | NAP | 9/18/2019 | NAP | NAP | No | ||
7 | Loan | 8, 30, 31, 32 | CREFI | Citi Real Estate Funding Inc. | Harvey Building Products | No | |||||||||
7.01 | Property | Londonderry / Manufacturing | NAP | 8/30/2019 | No | NAP | 9/5/2019 | NAP | NAP | No | |||||
7.02 | Property | Dartmouth / Manufacturing | NAP | 8/28/2019 | No | NAP | 9/5/2019 | NAP | NAP | No | |||||
7.03 | Property | Waltham Corporate | NAP | 8/27/2019 | No | NAP | 9/5/2019 | NAP | NAP | No | |||||
7.04 | Property | Woburn | NAP | 8/29/2019 | No | NAP | 9/6/2019 | NAP | NAP | No | |||||
7.05 | Property | Nashua | NAP | 8/30/2019 | No | NAP | 9/6/2019 | NAP | NAP | No | |||||
7.06 | Property | Woburn CPD | NAP | 8/29/2019 | No | NAP | 9/6/2019 | NAP | NAP | No | |||||
7.07 | Property | (West) Bridgewater | NAP | 8/25/2019 | No | NAP | 9/6/2019 | NAP | NAP | No | |||||
7.08 | Property | Manchester, NH | NAP | 8/30/2019 | No | NAP | 9/6/2019 | NAP | NAP | No | |||||
7.09 | Property | Norwalk 256 | NAP | 8/30/2019 | No | NAP | 9/5/2019 | NAP | NAP | No | |||||
7.10 | Property | New London | NAP | 8/30/2019 | No | NAP | 9/5/2019 | NAP | NAP | No | |||||
7.11 | Property | East Haven | NAP | 8/30/2019 | No | NAP | 9/5/2019 | NAP | NAP | No | |||||
7.12 | Property | Lincoln | NAP | 8/30/2019 | No | NAP | 9/6/2019 | NAP | NAP | No | |||||
7.13 | Property | Bethlehem | NAP | 8/30/2019 | No | NAP | 9/5/2019 | NAP | NAP | No | |||||
7.14 | Property | Salem | NAP | 8/30/2019 | No | NAP | 9/6/2019 | NAP | NAP | No | |||||
7.15 | Property | Norwalk 260 | NAP | 8/30/2019 | No | NAP | 9/6/2019 | NAP | NAP | No | |||||
7.16 | Property | Berlin | NAP | 8/30/2019 | No | NAP | 9/5/2019 | NAP | NAP | No | |||||
7.17 | Property | Dartmouth | NAP | 8/30/2019 | No | NAP | 9/6/2019 | NAP | NAP | No | |||||
7.18 | Property | Manchester, CT | NAP | 8/30/2019 | No | NAP | 9/5/2019 | NAP | NAP | No | |||||
7.19 | Property | Portland | NAP | 8/29/2019 | No | NAP | 9/6/2019 | NAP | NAP | No | |||||
7.20 | Property | Braintree | NAP | 8/25/2019 | No | NAP | 9/6/2019 | NAP | NAP | No | |||||
7.21 | Property | Warwick | NAP | 8/30/2019 | No | NAP | 9/6/2019 | NAP | NAP | No | |||||
7.22 | Property | Fitchburg | NAP | 8/29/2019 | No | NAP | 9/6/2019 | NAP | NAP | No | |||||
7.23 | Property | Auburn | NAP | 8/28/2019 | No | NAP | 9/6/2019 | NAP | NAP | No | |||||
7.24 | Property | Berlin CPD | NAP | 8/30/2019 | No | NAP | 9/5/2019 | NAP | NAP | No | |||||
7.25 | Property | Portsmouth | NAP | 8/28/2019 | No | NAP | 9/6/2019 | NAP | NAP | No | |||||
7.26 | Property | Southampton | NAP | 8/30/2019 | No | NAP | 9/5/2019 | NAP | NAP | No | |||||
7.27 | Property | Wilkes-Barre | NAP | 8/30/2019 | No | NAP | 9/5/2019 | NAP | NAP | No | |||||
7.28 | Property | Hyannis | NAP | 8/30/2019 | No | NAP | 9/6/2019 | NAP | NAP | No | |||||
7.29 | Property | Springfield | NAP | 8/30/2019 | No | NAP | 9/6/2019 | NAP | NAP | No | |||||
7.30 | Property | White River Junction | NAP | 8/29/2019 | No | NAP | 9/5/2019 | NAP | NAP | No | |||||
8 | Loan | 33, 34 | LCF | Ladder Capital Finance LLC | Marriott Phoenix Airport | NAP | 10/23/2019 | No | NAP | 10/23/2019 | NAP | NAP | No | ||
9 | Loan | 8, 35, 36 | CREFI | Citi Real Estate Funding Inc. | Austin Landing Mixed-Use | TJ Maxx/HomeGoods | 45,000 | 10/31/2023 | 8/2/2019 | No | NAP | 8/2/2019 | NAP | NAP | No |
10 | Loan | 37, 38, 39, 40, 41 | CREFI | Citi Real Estate Funding Inc., Wells Fargo Bank, N.A. | Giant Anchored Portfolio | No | |||||||||
10.01 | Property | Parkway Plaza | Wendy's | 3,067 | 12/31/2022 | 10/18/2019 | No | NAP | 10/18/2019 | NAP | NAP | No | |||
10.02 | Property | Aston Center | NAP | 10/18/2019 | No | NAP | 10/18/2019 | NAP | NAP | No | |||||
10.03 | Property | Spring Meadow | NAP | 10/18/2019 | No | NAP | 10/18/2019 | NAP | NAP | No | |||||
10.04 | Property | Scott Town Center | Regis Corp | 1,600 | 6/30/2024 | 9/23/2019 | No | NAP | 10/18/2019 | NAP | NAP | No | |||
10.05 | Property | Creekside Marketplace | Feasta Pizza | 2,880 | 3/31/2029 | 10/15/2019 | No | NAP | 10/18/2019 | NAP | NAP | No | |||
10.06 | Property | Stonehenge Square | Unique Source Products & Serv | 2,550 | 6/30/2021 | 10/18/2019 | No | NAP | 10/18/2019 | NAP | NAP | No | |||
10.07 | Property | AYR Town Center | NAP | 10/18/2019 | No | NAP | 10/18/2019 | NAP | NAP | No | |||||
11 | Loan | 42, 43, 44, 45 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 1 | No | |||||||||
11.01 | Property | 170-174 E 2nd St | NAP | 10/7/2019 | No | NAP | 10/7/2019 | NAP | NAP | No | |||||
11.02 | Property | 325 E 10th St | NAP | 10/7/2019 | No | NAP | 10/7/2019 | NAP | NAP | No | |||||
11.03 | Property | 23 Avenue A | NAP | 10/7/2019 | No | NAP | 10/7/2019 | NAP | NAP | No | |||||
11.04 | Property | 49.5 1st Avenue | NAP | 10/7/2019 | No | NAP | 10/7/2019 | NAP | NAP | No | |||||
12 | Loan | 8, 46, 47, 48, 49 | SMC | Starwood Mortgage Capital LLC | Alrig Portfolio | No | |||||||||
12.01 | Property | Bingham III | Greater Detroit Area Health Council, Inc. | 5,535 | 6/30/2023 | 10/24/2019 | No | NAP | 10/8/2019 | NAP | NAP | No | |||
12.02 | Property | 30445 Northwestern Highway | Fortis Commercial, LLC | 4,984 | 2/29/2020 | 10/24/2019 | No | NAP | 10/8/2019 | NAP | NAP | No | |||
12.03 | Property | 1750 South Telegraph Road | Trinity Health - Michigan | 3,903 | 7/31/2024 | 10/24/2019 | No | NAP | 10/8/2019 | NAP | NAP | No | |||
12.04 | Property | 2550 South Telegraph Road | WG Associates, LLC | 2,466 | 11/30/2026 | 10/24/2019 | No | NAP | 10/8/2019 | NAP | NAP | No | |||
12.05 | Property | 32270 Telegraph Road | Ricardo Z. Vinuya, M.D., PLC | 2,369 | 1/31/2021 | 10/24/2019 | No | NAP | 10/8/2019 | NAP | NAP | No | |||
12.06 | Property | 2525 South Telegraph Road | Visscher-Caravelle N.A., Inc. | 2,750 | 1/31/2021 | 10/24/2019 | No | NAP | 10/8/2019 | NAP | NAP | No | |||
12.07 | Property | Ellsworth Shopping Center | NAP | 10/24/2019 | No | NAP | 10/2/2019 | NAP | NAP | No | |||||
12.08 | Property | 3300 Alpine Avenue | NAP | 10/24/2019 | No | NAP | 10/8/2019 | NAP | NAP | No | |||||
12.09 | Property | 21 East Long Lake Road | WalkerSearchGroup, LLC | 2,061 | 10/31/2023 | 10/24/2019 | Yes | 10/17/2019 | 10/8/2019 | NAP | NAP | No | |||
12.10 | Property | Fairways Office Building | Kaufman Insurance and Financial Group, LLC | 2,946 | 9/30/2022 | 10/24/2019 | No | NAP | 10/8/2019 | NAP | NAP | No | |||
12.11 | Property | 7115 Orchard Lake Road | Beauty Kingdom, LLC | 1,816 | 1/31/2027 | 10/24/2019 | No | NAP | 10/8/2019 | NAP | NAP | No | |||
12.12 | Property | CGS Canton | NAP | 10/24/2019 | Yes | 10/22/2019 | 10/8/2019 | NAP | NAP | No | |||||
13 | Loan | 8, 50, 51 | SMC | Starwood Mortgage Capital LLC | Park Central Tower | Alon USA Energy | 26,914 | 9/30/2023 | 10/17/2019 | No | NAP | 10/10/2019 | NAP | NAP | No |
14 | Loan | 8, 52, 53 | LCF | Ladder Capital Finance LLC | Shoppes at Parma | Burlington Coat Factory | 45,079 | 2/28/2030 | 9/6/2019 | No | NAP | 11/6/2019 | NAP | NAP | No |
15 | Loan | 54 | RMF | Rialto Mortgage Finance, LLC | Town Center at Sterling | Rio Cantina | 7,248 | 3/31/2021 | 10/18/2019 | No | NAP | 10/18/2019 | NAP | NAP | No |
16 | Loan | CREFI | Citi Real Estate Funding Inc. | Brazilian Court | NAP | 6/7/2019 | No | NAP | 6/7/2019 | NAP | NAP | No | |||
17 | Loan | RMF | Rialto Mortgage Finance, LLC | Evergreen at Southwood | NAP | 10/7/2019 | No | NAP | 10/7/2019 | NAP | NAP | No | |||
18 | Loan | 55 | LCF | Ladder Capital Finance LLC | Memorial West/EAV Portfolio | No | |||||||||
18.01 | Property | Memorial West | Grant Park Market | 5,556 | 12/31/2027 | 8/1/2019 | No | NAP | 8/1/2019 | NAP | NAP | No | |||
18.02 | Property | EAV Portfolio | Emerald City Bagels | 2,010 | 2/28/2023 | 7/31/2019; 8/2/2019 | No | NAP | 8/1/2019 | NAP | NAP | No | |||
19 | Loan | 56, 57 | SMC | Starwood Mortgage Capital LLC | The Grand McCarren | NAP | 10/17/2019 | No | NAP | 10/16/2019 | NAP | NAP | No | ||
20 | Loan | 58, 59 | LCF | Ladder Capital Finance LLC | 84 South | Marshall's | 21,000 | 8/31/2027 | 10/11/2019 | No | NAP | 10/11/2019 | NAP | NAP | No |
21 | Loan | 60, 61, 62 | RMF | Rialto Mortgage Finance, LLC | Sharon Square | Second Half Strategies | 2,888 | 3/15/2021 | 10/31/2019 | No | NAP | 9/27/2019 | NAP | NAP | No |
22 | Loan | 63 | CREFI | Citi Real Estate Funding Inc. | Sawgrass Village | NAP | 10/16/2019 | No | NAP | 10/16/2019 | NAP | NAP | No | ||
23 | Loan | LCF | Ladder Capital Finance LLC | Sherwood and Glen Ridge MHC | NAP | 9/25/2019 | No | NAP | 9/30/2019 | NAP | NAP | No | |||
24 | Loan | 64 | SMC | Starwood Mortgage Capital LLC | Shops at Central Park | Concrete Nail | 6,355 | 11/30/2027 | 9/25/2019 | No | NAP | 10/2/2019 | NAP | NAP | No |
25 | Loan | 65 | CREFI | Citi Real Estate Funding Inc. | Coventry Square | NAP | 10/2/2019 | No | NAP | 10/2/2019 | NAP | NAP | No | ||
26 | Loan | 66 | RMF | Rialto Mortgage Finance, LLC | Suburbia Shopping Center | CJ Tire Services, Inc. | 5,518 | 12/31/2023 | 9/11/2019 | No | NAP | 9/10/2019 | NAP | NAP | No |
27 | Loan | 67 | RMF | Rialto Mortgage Finance, LLC | Homewood Suites - Eatontown | NAP | 9/3/2019 | No | NAP | 10/22/2019 | NAP | NAP | No | ||
28 | Loan | CREFI | Citi Real Estate Funding Inc. | 408 West 130th Street | NAP | 11/1/2019 | No | NAP | 11/1/2019 | NAP | NAP | No | |||
29 | Loan | SMC | Starwood Mortgage Capital LLC | Quail Meadows | NAP | 10/16/2019 | No | NAP | 10/16/2019 | NAP | NAP | No | |||
30 | Loan | 68 | SMC | Starwood Mortgage Capital LLC | Hawks Landing Apartments | NAP | 9/19/2019 | No | NAP | 9/19/2019 | NAP | NAP | No | ||
31 | Loan | CREFI | Citi Real Estate Funding Inc. | Shadow Lake Apartments | NAP | 10/22/2019 | No | NAP | 10/22/2019 | NAP | NAP | No | |||
32 | Loan | LCF | Ladder Capital Finance LLC | Northridge Commons | PNC Bank | 4,759 | 1/31/2025 | 10/3/2019 | No | NAP | 10/2/2019 | NAP | NAP | No | |
33 | Loan | 69 | SMC | Starwood Mortgage Capital LLC | Noll Portfolio | No | |||||||||
33.01 | Property | Ghent Road | Continental Cuisine | 3,125 | 1/31/2021 | 10/16/2019 | No | NAP | 10/15/2019 | NAP | NAP | No | |||
33.02 | Property | Fairlawn Office Properties | Answering Cleveland | 1,653 | MTM | 10/15/2019, 10/16/2019, 10/17/2019 | No | NAP | 10/17/2019 | NAP | NAP | No | |||
33.03 | Property | Mill Valley | New Craft 99, LLC | 1,848 | 2/28/2025 | 10/16/2019 | No | NAP | 10/17/2019 | NAP | NAP | No | |||
33.04 | Property | Brecksville | Dr. Cheryl Hammes D.O. | 1,352 | 3/31/2022 | 10/16/2019 | No | NAP | 10/17/2019 | NAP | NAP | No | |||
33.05 | Property | 782-788 West Market Street | NAP | 10/16/2019 | No | NAP | 10/14/2019 | NAP | NAP | No | |||||
33.06 | Property | 1303 West Maple | Edward Jones | 1,200 | 9/30/2020 | 10/14/2019 | No | NAP | 10/17/2019 | NAP | NAP | No | |||
34 | Loan | 70, 71 | LCF | Ladder Capital Finance LLC | Palm Bay West Shopping Center | Planet Fitness | 17,000 | 3/31/2022 | 8/16/2019 | No | NAP | 8/9/2019 | NAP | NAP | No |
35 | Loan | LCF | Ladder Capital Finance LLC | Royal Ridge Apartments | NAP | 7/8/2019 | No | NAP | 7/8/2019 | NAP | NAP | No | |||
36 | Loan | CREFI | Citi Real Estate Funding Inc. | Stanford Court | NAP | 10/3/2019 | No | NAP | 10/3/2019 | NAP | NAP | No | |||
37 | Loan | CREFI | Citi Real Estate Funding Inc. | 604 Tenth Ave | NAP | 8/14/2019 | No | NAP | 8/19/2019 | NAP | NAP | No | |||
38 | Loan | CREFI | Citi Real Estate Funding Inc. | 224 Walworth Street | NAP | 9/18/2019 | No | NAP | 9/18/2019 | NAP | NAP | No | |||
39 | Loan | 72, 73 | SMC | Starwood Mortgage Capital LLC | TownePlace Suites Weston | NAP | 10/9/2019 | No | NAP | 10/10/2019 | NAP | NAP | No | ||
40 | Loan | 8, 74, 75 | SMC | Starwood Mortgage Capital LLC | Wells Fargo Place | Larson King | 39,876 | 1/31/2022 | 9/17/2019 | No | NAP | 9/18/2019 | NAP | NAP | No |
41 | Loan | 76, 77, 78 | LCF | Ladder Capital Finance LLC | Courtyard by Marriott New Haven/Milford | NAP | 7/17/2019 | No | NAP | 7/16/2019 | NAP | NAP | No | ||
42 | Loan | CREFI | Citi Real Estate Funding Inc. | The Madison | NAP | 10/4/2019 | No | NAP | 10/2/2019 | NAP | NAP | No | |||
43 | Loan | SMC | Starwood Mortgage Capital LLC | 39 East 21st Street | NAP | 10/3/2019 | No | NAP | 10/2/2019 | NAP | NAP | No | |||
44 | Loan | CREFI | Citi Real Estate Funding Inc. | Village on the Green | NAP | 10/4/2019 | No | NAP | 10/2/2019 | NAP | NAP | No | |||
45 | Loan | 79, 80 | LCF | Ladder Capital Finance LLC | Highland Commons | NAP | 9/23/2019 | No | NAP | 9/23/2019 | NAP | NAP | No | ||
46 | Loan | 81 | LCF | Ladder Capital Finance LLC | 7223-7241 Fair Oaks | NAP | 10/3/2019 | No | NAP | 10/2/2019 | 10/23/2019 | 4%, 6% | No | ||
47 | Loan | 82, 83 | RMF | Rialto Mortgage Finance, LLC | Morton Place Apartments | NAP | 10/2/2019 | No | NAP | 10/2/2019 | NAP | NAP | No | ||
48 | Loan | 84 | RMF | Rialto Mortgage Finance, LLC | Hampton Inn Cleveland-Westlake | NAP | 10/3/2019 | No | NAP | 10/3/2019 | NAP | NAP | No | ||
49 | Loan | 85, 86 | SMC | Starwood Mortgage Capital LLC | Vilcom Office | Jenzabar, Inc. | 1,634 | 11/30/2024 | 7/17/2019 | No | NAP | 7/17/2019 | NAP | NAP | No |
50 | Loan | SMC | Starwood Mortgage Capital LLC | 558 West 193rd Street | NAP | 9/26/2019 | No | NAP | 9/26/2019 | NAP | NAP | No | |||
51 | Loan | SMC | Starwood Mortgage Capital LLC | Portland MHP | NAP | 10/29/2019 | No | NAP | 10/29/2019 | NAP | NAP | No | |||
52 | Loan | RMF | Rialto Mortgage Finance, LLC | Birdneck Self Storage | NAP | 10/11/2019 | No | NAP | 10/11/2019 | NAP | NAP | No | |||
53 | Loan | SMC | Starwood Mortgage Capital LLC | Stoney River Fee | NAP | 9/12/2019 | No | NAP | 9/12/2019 | NAP | NAP | No | |||
54 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Sullivan, IL | NAP | 8/13/2019 | No | NAP | 8/13/2019 | NAP | NAP | No | |||
55 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Adrian, MO | NAP | 8/13/2019 | No | NAP | 8/13/2019 | NAP | NAP | No |
Page 10 of 15
CGCMT 2019-C7 Annex A | |||||||||||||||
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Upfront RE Tax Reserve ($) | Ongoing RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Ongoing Insurance Reserve ($) | Upfront Replacement Reserve ($) | Ongoing Replacement Reserve ($) | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Ongoing TI/LC Reserve ($) | TI/LC Caps ($) |
1 | Loan | 8, 9, 10, 11, 12 | CREFI | Citi Real Estate Funding Inc. | 490-504 Myrtle Avenue | 0 | 13,195 | 52,358 | 10,472 | 0 | 4,917 | 0 | 0 | 0 | 0 |
1.01 | Property | 504 Myrtle Avenue | |||||||||||||
1.02 | Property | 490 Myrtle Avenue | |||||||||||||
2 | Loan | 8, 13, 14, 15, 16, 17 | CREFI | Citi Real Estate Funding Inc., Goldman Sachs Bank USA, Barclays Capital Real Estate Inc., and BMO Harris Bank N.A. | 650 Madison Avenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
3 | Loan | 8, 18, 19, 20, 21 | CREFI | Citi Real Estate Funding Inc. | 805 Third Avenue | 0 | 700,333 | 0 | 0 | 0 | 9,807 | 450,000 | 4,000,000 | 0 | 4,000,000 |
4 | Loan | 22, 23 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 2 | 66,690 | 66,690 | 0 | 0 | 0 | 2,277 | 0 | 0 | 0 | 0 |
4.01 | Property | 199-203 E 4th St | |||||||||||||
4.02 | Property | 118-120 E 4th St | |||||||||||||
4.03 | Property | 315 E 10th St | |||||||||||||
5 | Loan | 8, 24, 25, 26, 27 | CREFI | Citi Real Estate Funding Inc. | 405 E 4th Avenue | 351,878 | 87,970 | 0 | 0 | 0 | 1,289 | 30,935 | 0 | 0 | 0 |
6 | Loan | 28, 29 | CREFI | Citi Real Estate Funding Inc. | Gartner Campus South | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
7 | Loan | 8, 30, 31, 32 | CREFI | Citi Real Estate Funding Inc. | Harvey Building Products | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
7.01 | Property | Londonderry / Manufacturing | |||||||||||||
7.02 | Property | Dartmouth / Manufacturing | |||||||||||||
7.03 | Property | Waltham Corporate | |||||||||||||
7.04 | Property | Woburn | |||||||||||||
7.05 | Property | Nashua | |||||||||||||
7.06 | Property | Woburn CPD | |||||||||||||
7.07 | Property | (West) Bridgewater | |||||||||||||
7.08 | Property | Manchester, NH | |||||||||||||
7.09 | Property | Norwalk 256 | |||||||||||||
7.10 | Property | New London | |||||||||||||
7.11 | Property | East Haven | |||||||||||||
7.12 | Property | Lincoln | |||||||||||||
7.13 | Property | Bethlehem | |||||||||||||
7.14 | Property | Salem | |||||||||||||
7.15 | Property | Norwalk 260 | |||||||||||||
7.16 | Property | Berlin | |||||||||||||
7.17 | Property | Dartmouth | |||||||||||||
7.18 | Property | Manchester, CT | |||||||||||||
7.19 | Property | Portland | |||||||||||||
7.20 | Property | Braintree | |||||||||||||
7.21 | Property | Warwick | |||||||||||||
7.22 | Property | Fitchburg | |||||||||||||
7.23 | Property | Auburn | |||||||||||||
7.24 | Property | Berlin CPD | |||||||||||||
7.25 | Property | Portsmouth | |||||||||||||
7.26 | Property | Southampton | |||||||||||||
7.27 | Property | Wilkes-Barre | |||||||||||||
7.28 | Property | Hyannis | |||||||||||||
7.29 | Property | Springfield | |||||||||||||
7.30 | Property | White River Junction | |||||||||||||
8 | Loan | 33, 34 | LCF | Ladder Capital Finance LLC | Marriott Phoenix Airport | 303,634 | 75,909 | 66,207 | 9,458 | 0 | 5% of Gross Revenues | 0 | 0 | 0 | 0 |
9 | Loan | 8, 35, 36 | CREFI | Citi Real Estate Funding Inc. | Austin Landing Mixed-Use | 1,416,313 | 236,052 | 28,569 | 9,523 | 0 | 8,127 | 292,582 | 750,000 | 67,728 | 1,000,000 |
10 | Loan | 37, 38, 39, 40, 41 | CREFI | Citi Real Estate Funding Inc., Wells Fargo Bank, N.A. | Giant Anchored Portfolio | 0 | 0 | 0 | 0 | 0 | 12,741 | 0 | 0 | 8,681 | 400,000 |
10.01 | Property | Parkway Plaza | |||||||||||||
10.02 | Property | Aston Center | |||||||||||||
10.03 | Property | Spring Meadow | |||||||||||||
10.04 | Property | Scott Town Center | |||||||||||||
10.05 | Property | Creekside Marketplace | |||||||||||||
10.06 | Property | Stonehenge Square | |||||||||||||
10.07 | Property | AYR Town Center | |||||||||||||
11 | Loan | 42, 43, 44, 45 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 1 | 50,078 | 50,078 | 0 | 0 | 0 | 1,587 | 0 | 0 | 0 | 0 |
11.01 | Property | 170-174 E 2nd St | |||||||||||||
11.02 | Property | 325 E 10th St | |||||||||||||
11.03 | Property | 23 Avenue A | |||||||||||||
11.04 | Property | 49.5 1st Avenue | |||||||||||||
12 | Loan | 8, 46, 47, 48, 49 | SMC | Starwood Mortgage Capital LLC | Alrig Portfolio | 226,356 | 71,854 | 71,142 | 6,467 | 0 | 10,326 | 0 | 0 | 60,911 | 1,750,000 |
12.01 | Property | Bingham III | |||||||||||||
12.02 | Property | 30445 Northwestern Highway | |||||||||||||
12.03 | Property | 1750 South Telegraph Road | |||||||||||||
12.04 | Property | 2550 South Telegraph Road | |||||||||||||
12.05 | Property | 32270 Telegraph Road | |||||||||||||
12.06 | Property | 2525 South Telegraph Road | |||||||||||||
12.07 | Property | Ellsworth Shopping Center | |||||||||||||
12.08 | Property | 3300 Alpine Avenue | |||||||||||||
12.09 | Property | 21 East Long Lake Road | |||||||||||||
12.10 | Property | Fairways Office Building | |||||||||||||
12.11 | Property | 7115 Orchard Lake Road | |||||||||||||
12.12 | Property | CGS Canton | |||||||||||||
13 | Loan | 8, 50, 51 | SMC | Starwood Mortgage Capital LLC | Park Central Tower | 0 | 117,426 | 110,251 | 10,023 | 0 | 13,363 | 0 | 0 | 55,680 | 0 |
14 | Loan | 8, 52, 53 | LCF | Ladder Capital Finance LLC | Shoppes at Parma | 1,005,412 | 143,630 | 33,183 | 11,061 | 0 | 12,105 | 0 | 0 | 30,261 | 1,500,000 |
15 | Loan | 54 | RMF | Rialto Mortgage Finance, LLC | Town Center at Sterling | 0 | 43,755 | 21,354 | 2,260 | 0 | 2,295 | 0 | 500,000 | 0 | 500,000 |
16 | Loan | CREFI | Citi Real Estate Funding Inc. | Brazilian Court | 105,117 | 52,559 | 0 | 0 | 0 | 36,269 | 0 | 0 | 0 | 0 | |
17 | Loan | RMF | Rialto Mortgage Finance, LLC | Evergreen at Southwood | 488,423 | 53,205 | 88,008 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
18 | Loan | 55 | LCF | Ladder Capital Finance LLC | Memorial West/EAV Portfolio | 154,551 | 38,638 | 5,379 | 5,379 | 0 | 2,383 | 0 | 163,513 | 8,936 | 577,616 |
18.01 | Property | Memorial West | |||||||||||||
18.02 | Property | EAV Portfolio | |||||||||||||
19 | Loan | 56, 57 | SMC | Starwood Mortgage Capital LLC | The Grand McCarren | 6,598 | 2,199 | 19,709 | 3,224 | 0 | 867 | 0 | 0 | 0 | 0 |
20 | Loan | 58, 59 | LCF | Ladder Capital Finance LLC | 84 South | 659,303 | 54,942 | 11,441 | 3,814 | 0 | 3,248 | 0 | 0 | 5,685 | 0 |
21 | Loan | 60, 61, 62 | RMF | Rialto Mortgage Finance, LLC | Sharon Square | 0 | 22,982 | 17,648 | 1,401 | 0 | 1,297 | 0 | 0 | 22,894 | 0 |
22 | Loan | 63 | CREFI | Citi Real Estate Funding Inc. | Sawgrass Village | 93,259 | 46,629 | 11,733 | 5,867 | 0 | 1,874 | 67,474 | 0 | 0 | 290,000 |
23 | Loan | LCF | Ladder Capital Finance LLC | Sherwood and Glen Ridge MHC | 91,615 | 15,269 | 0 | 0 | 0 | 1,817 | 0 | 0 | 0 | 0 | |
24 | Loan | 64 | SMC | Starwood Mortgage Capital LLC | Shops at Central Park | 0 | 40,157 | 38,835 | 3,883 | 100,000 | 2,879 | 0 | 0 | 14,393 | 950,000 |
25 | Loan | 65 | CREFI | Citi Real Estate Funding Inc. | Coventry Square | 67,877 | 33,938 | 0 | 0 | 0 | 2,283 | 0 | 0 | 0 | 0 |
26 | Loan | 66 | RMF | Rialto Mortgage Finance, LLC | Suburbia Shopping Center | 119,257 | 37,859 | 46,233 | 4,403 | 0 | 1,832 | 0 | 250,000 | 11,153 | 0 |
27 | Loan | 67 | RMF | Rialto Mortgage Finance, LLC | Homewood Suites - Eatontown | 45,778 | 14,815 | 7,368 | 2,384 | 0 | 19,117 | 0 | 0 | 0 | 0 |
28 | Loan | CREFI | Citi Real Estate Funding Inc. | 408 West 130th Street | 13,202 | 13,202 | 37,942 | 4,743 | 0 | 1,729 | 0 | 0 | 0 | 0 | |
29 | Loan | SMC | Starwood Mortgage Capital LLC | Quail Meadows | 0 | 18,470 | 67,097 | 8,358 | 0 | 8,900 | 0 | 0 | 0 | 0 | |
30 | Loan | 68 | SMC | Starwood Mortgage Capital LLC | Hawks Landing Apartments | 43,788 | 10,947 | 10,601 | 3,534 | 0 | 3,600 | 100,000 | 0 | 0 | 0 |
31 | Loan | CREFI | Citi Real Estate Funding Inc. | Shadow Lake Apartments | 65,810 | 32,905 | 93,464 | 9,346 | 370,475 | 4,750 | 0 | 0 | 0 | 0 | |
32 | Loan | LCF | Ladder Capital Finance LLC | Northridge Commons | 112,814 | 18,802 | 10,192 | 1,132 | 0 | 1,587 | 0 | 338,000 | 5,290 | 0 | |
33 | Loan | 69 | SMC | Starwood Mortgage Capital LLC | Noll Portfolio | 135,148 | 22,525 | 0 | 0 | 0 | 2,684 | 0 | 130,000 | 8,099 | 300,000 |
33.01 | Property | Ghent Road | |||||||||||||
33.02 | Property | Fairlawn Office Properties | |||||||||||||
33.03 | Property | Mill Valley | |||||||||||||
33.04 | Property | Brecksville | |||||||||||||
33.05 | Property | 782-788 West Market Street | |||||||||||||
33.06 | Property | 1303 West Maple | |||||||||||||
34 | Loan | 70, 71 | LCF | Ladder Capital Finance LLC | Palm Bay West Shopping Center | 297,980 | 27,089 | 28,228 | 7,057 | 0 | 4,403 | 0 | 220,000 | 25,315 | 0 |
35 | Loan | LCF | Ladder Capital Finance LLC | Royal Ridge Apartments | 152,884 | 11,760 | 109,073 | 9,916 | 0 | 8,625 | 0 | 0 | 0 | 0 | |
36 | Loan | CREFI | Citi Real Estate Funding Inc. | Stanford Court | 51,103 | 25,551 | 0 | 0 | 0 | 1,645 | 0 | 0 | 0 | 0 | |
37 | Loan | CREFI | Citi Real Estate Funding Inc. | 604 Tenth Ave | 139,311 | 23,219 | 5,088 | 509 | 0 | 228 | 0 | 0 | 2,083 | 150,000 | |
38 | Loan | CREFI | Citi Real Estate Funding Inc. | 224 Walworth Street | 15,424 | 2,571 | 0 | 0 | 0 | 800 | 0 | 0 | 0 | 0 | |
39 | Loan | 72, 73 | SMC | Starwood Mortgage Capital LLC | TownePlace Suites Weston | 37,988 | 18,994 | 127,111 | 11,556 | 0 | 11,883 | 0 | 0 | 0 | 0 |
40 | Loan | 8, 74, 75 | SMC | Starwood Mortgage Capital LLC | Wells Fargo Place | 544,053 | 272,026 | 0 | 0 | 0 | 13,468 | 0 | 4,000,000 | 0 | $3,000,000 so long as no Major Tenant Trigger Event has occurred; during a Major Tenant Trigger Event the cap will be (i) $6,500,000 if DY<8.5% or (ii) $5,500,000 otherwise |
41 | Loan | 76, 77, 78 | LCF | Ladder Capital Finance LLC | Courtyard by Marriott New Haven/Milford | 136,389 | 19,484 | 8,720 | 4,360 | 0 | 4% of Gross Revenues | 0 | 0 | 0 | 0 |
42 | Loan | CREFI | Citi Real Estate Funding Inc. | The Madison | 39,141 | 19,570 | 0 | 0 | 0 | 1,167 | 0 | 0 | 0 | 0 | |
43 | Loan | SMC | Starwood Mortgage Capital LLC | 39 East 21st Street | 0 | 110 | 9,081 | 1,269 | 0 | 500 | 0 | 0 | 0 | 0 | |
44 | Loan | CREFI | Citi Real Estate Funding Inc. | Village on the Green | 32,464 | 16,232 | 0 | 0 | 0 | 958 | 0 | 0 | 0 | 0 | |
45 | Loan | 79, 80 | LCF | Ladder Capital Finance LLC | Highland Commons | 15,328 | 7,664 | 64,705 | 4,977 | 0 | 794 | 0 | 0 | 5,296 | 250,000 |
46 | Loan | 81 | LCF | Ladder Capital Finance LLC | 7223-7241 Fair Oaks | 38,504 | 9,626 | 6,151 | 2,050 | 0 | 763 | 0 | 0 | 2,543 | 152,610 |
47 | Loan | 82, 83 | RMF | Rialto Mortgage Finance, LLC | Morton Place Apartments | 0 | 6,992 | 52,743 | 5,581 | 500,000 | 0 | 500,000 | 0 | 0 | 0 |
48 | Loan | 84 | RMF | Rialto Mortgage Finance, LLC | Hampton Inn Cleveland-Westlake | 74,623 | 14,925 | 3,493 | 1,746 | 0 | 8,324 | 500,000 | 0 | 0 | 0 |
49 | Loan | 85, 86 | SMC | Starwood Mortgage Capital LLC | Vilcom Office | 19,030 | 4,758 | 6,582 | 470 | 0 | 660 | 0 | 200,000 | 1,667 | 0 |
50 | Loan | SMC | Starwood Mortgage Capital LLC | 558 West 193rd Street | 0 | 6,248 | 22,551 | 1,906 | 0 | 659 | 39,525 | 0 | 0 | 0 | |
51 | Loan | SMC | Starwood Mortgage Capital LLC | Portland MHP | 4,391 | 2,196 | 10,568 | 1,499 | 0 | 483 | 0 | 0 | 0 | 0 | |
52 | Loan | RMF | Rialto Mortgage Finance, LLC | Birdneck Self Storage | 2,117 | 2,016 | 1,569 | 374 | 0 | 395 | 0 | 0 | 0 | 0 | |
53 | Loan | SMC | Starwood Mortgage Capital LLC | Stoney River Fee | 0 | 0 | 1,000 | 71 | 0 | 0 | 0 | 0 | 0 | 0 | |
54 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Sullivan, IL | 4,000 | 333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
55 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Adrian, MO | 4,000 | 333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Page 11 of 15
CGCMT 2019-C7 Annex A | |||||||||||||||
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Upfront Debt Service Reserve ($) | Ongoing Debt Service Reserve ($) | Upfront Deferred Maintenance Reserve ($) | Ongoing Deferred Maintenance Reserve ($) | Upfront Environmental Reserve ($) | Ongoing Environmental Reserve ($) | Upfront Other Reserve ($) | Ongoing Other Reserve ($) | Other Reserve Description | Borrower Name |
1 | Loan | 8, 9, 10, 11, 12 | CREFI | Citi Real Estate Funding Inc. | 490-504 Myrtle Avenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 490 Myrtle Residential Owner LLC and 504 Myrtle Residential Owner LLC | |
1.01 | Property | 504 Myrtle Avenue | |||||||||||||
1.02 | Property | 490 Myrtle Avenue | |||||||||||||
2 | Loan | 8, 13, 14, 15, 16, 17 | CREFI | Citi Real Estate Funding Inc., Goldman Sachs Bank USA, Barclays Capital Real Estate Inc., and BMO Harris Bank N.A. | 650 Madison Avenue | 0 | 0 | 0 | 0 | 0 | 0 | 9,576,014 | 0 | Free Rent: $6,378,315; Unfunded Obligations: $3,197,699 | 650 Madison Owner LLC |
3 | Loan | 8, 18, 19, 20, 21 | CREFI | Citi Real Estate Funding Inc. | 805 Third Avenue | 0 | 0 | 458,500 | 0 | 0 | 0 | 713,361 | 0 | Unfunded Obligation Reserve | 805 Third New York LLC |
4 | Loan | 22, 23 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 118-120 East Fourth Owner LLC, 199-203 East Fourth Owner LLC, and 315 East 10th Street LLC | |
4.01 | Property | 199-203 E 4th St | |||||||||||||
4.02 | Property | 118-120 E 4th St | |||||||||||||
4.03 | Property | 315 E 10th St | |||||||||||||
5 | Loan | 8, 24, 25, 26, 27 | CREFI | Citi Real Estate Funding Inc. | 405 E 4th Avenue | 0 | 0 | 0 | 0 | 0 | 0 | 5,316,892 | 0 | Security Deposit Reserve ($1,338,512.10); Construction Balance Reserve ($3,355,000); Gap Rent Reserve (623,380) | Windy Hill PV Seven CM, LLC |
6 | Loan | 28, 29 | CREFI | Citi Real Estate Funding Inc. | Gartner Campus South | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | GRTNR Parkway Office, LLC | |
7 | Loan | 8, 30, 31, 32 | CREFI | Citi Real Estate Funding Inc. | Harvey Building Products | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | AGNL Pane, L.L.C. | |
7.01 | Property | Londonderry / Manufacturing | |||||||||||||
7.02 | Property | Dartmouth / Manufacturing | |||||||||||||
7.03 | Property | Waltham Corporate | |||||||||||||
7.04 | Property | Woburn | |||||||||||||
7.05 | Property | Nashua | |||||||||||||
7.06 | Property | Woburn CPD | |||||||||||||
7.07 | Property | (West) Bridgewater | |||||||||||||
7.08 | Property | Manchester, NH | |||||||||||||
7.09 | Property | Norwalk 256 | |||||||||||||
7.10 | Property | New London | |||||||||||||
7.11 | Property | East Haven | |||||||||||||
7.12 | Property | Lincoln | |||||||||||||
7.13 | Property | Bethlehem | |||||||||||||
7.14 | Property | Salem | |||||||||||||
7.15 | Property | Norwalk 260 | |||||||||||||
7.16 | Property | Berlin | |||||||||||||
7.17 | Property | Dartmouth | |||||||||||||
7.18 | Property | Manchester, CT | |||||||||||||
7.19 | Property | Portland | |||||||||||||
7.20 | Property | Braintree | |||||||||||||
7.21 | Property | Warwick | |||||||||||||
7.22 | Property | Fitchburg | |||||||||||||
7.23 | Property | Auburn | |||||||||||||
7.24 | Property | Berlin CPD | |||||||||||||
7.25 | Property | Portsmouth | |||||||||||||
7.26 | Property | Southampton | |||||||||||||
7.27 | Property | Wilkes-Barre | |||||||||||||
7.28 | Property | Hyannis | |||||||||||||
7.29 | Property | Springfield | |||||||||||||
7.30 | Property | White River Junction | |||||||||||||
8 | Loan | 33, 34 | LCF | Ladder Capital Finance LLC | Marriott Phoenix Airport | 0 | 0 | 0 | 0 | 0 | 0 | 560,000 | Lesser of (i) 25% of the Seasonality Reserve Cap and (ii) all amounts remaining in the Cash Management Account, until the Seasonality Reserve Cap is met | Seasonality Reserve Funds ($300,000); PIP Reserve Funds ($260,000) | CP Phoenix, LLC |
9 | Loan | 8, 35, 36 | CREFI | Citi Real Estate Funding Inc. | Austin Landing Mixed-Use | 0 | 0 | 154,110 | 0 | 0 | 0 | 243,805 | 20,833 | Unfunded Obligations Reserve (Upfront: $243,804.75); Ring Road Reserve (Monthly: $20,833) | Austin Landing North, LLC |
10 | Loan | 37, 38, 39, 40, 41 | CREFI | Citi Real Estate Funding Inc., Wells Fargo Bank, N.A. | Giant Anchored Portfolio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 SC Aston LLC, 7 SC AYR Town Center LLC, 7 SC Hellertown LLC, 7 SC Parkway Plaza LLC, 7 SC Scott Town Center LLC, 7 SC Spring Meadow LLC, 7 SC Stonehedge Square LLC | |
10.01 | Property | Parkway Plaza | |||||||||||||
10.02 | Property | Aston Center | |||||||||||||
10.03 | Property | Spring Meadow | |||||||||||||
10.04 | Property | Scott Town Center | |||||||||||||
10.05 | Property | Creekside Marketplace | |||||||||||||
10.06 | Property | Stonehenge Square | |||||||||||||
10.07 | Property | AYR Town Center | |||||||||||||
11 | Loan | 42, 43, 44, 45 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Kushner Village 325 East 10th LLC, Village KF 2 Associates LLC, EV Avenue A Property Owner, L.P. and EV 1st Avenue Property Owner, L.P. | |
11.01 | Property | 170-174 E 2nd St | |||||||||||||
11.02 | Property | 325 E 10th St | |||||||||||||
11.03 | Property | 23 Avenue A | |||||||||||||
11.04 | Property | 49.5 1st Avenue | |||||||||||||
12 | Loan | 8, 46, 47, 48, 49 | SMC | Starwood Mortgage Capital LLC | Alrig Portfolio | 0 | 0 | 216,173 | 0 | 0 | 0 | 111,600 | 0 | Chipotle TI Reserve | 30200 Telegraph Road Office Building LLC, 30445 Northwestern Highway Office Building, LLC, 1750 South Telegraph Road Office Building, LLC, 2550 Telegraph Road Office Building, LLC, 32270 Telegraph Road Office Building, LLC, Ellsworth Retail Management LLC, 7115 Orchard Lake Road Office Building LLC, 21 E. Long Lake Road Office Building, LLC, 2525 Telegraph Road Office Building LLC, CGS Canton Parcel III, LLC, Fairways Northwest LLC and Walker Retail Management LLC |
12.01 | Property | Bingham III | |||||||||||||
12.02 | Property | 30445 Northwestern Highway | |||||||||||||
12.03 | Property | 1750 South Telegraph Road | |||||||||||||
12.04 | Property | 2550 South Telegraph Road | |||||||||||||
12.05 | Property | 32270 Telegraph Road | |||||||||||||
12.06 | Property | 2525 South Telegraph Road | |||||||||||||
12.07 | Property | Ellsworth Shopping Center | |||||||||||||
12.08 | Property | 3300 Alpine Avenue | |||||||||||||
12.09 | Property | 21 East Long Lake Road | |||||||||||||
12.10 | Property | Fairways Office Building | |||||||||||||
12.11 | Property | 7115 Orchard Lake Road | |||||||||||||
12.12 | Property | CGS Canton | |||||||||||||
13 | Loan | 8, 50, 51 | SMC | Starwood Mortgage Capital LLC | Park Central Tower | 0 | 0 | 0 | 0 | 0 | 0 | 2,583,159 | 0 | FPT TI/LC Reserve ($1,966,218); PSR TI Reserve ($431,316); Rent Concession Reserve ($115,665); High Point Travel TI/LC Reserve ($69,960) | McKnight Park Central, LLC |
14 | Loan | 8, 52, 53 | LCF | Ladder Capital Finance LLC | Shoppes at Parma | 0 | 0 | 30,000 | 0 | 0 | 0 | 1,022,692 | 0 | Chick Fil A Reserve ($772,692); JCP Roof Reserve ($250,000) | Allied Development of Parma, LLC |
15 | Loan | 54 | RMF | Rialto Mortgage Finance, LLC | Town Center at Sterling | 0 | 0 | 36,225 | 0 | 0 | 0 | 483,405 | 0 | Unfunded Obligations TI/LC ($275,531.26); Free Rent Reserve ($207,874.19) | Town Center at Sterling Borrower, LLC |
16 | Loan | CREFI | Citi Real Estate Funding Inc. | Brazilian Court | 0 | 0 | 0 | 0 | 0 | 0 | 480,000 | 240,000 | Seasonality Reserve | CSC Brazilian, L.P. | |
17 | Loan | RMF | Rialto Mortgage Finance, LLC | Evergreen at Southwood | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Westdale Evergreen Southwood, LLC | ||
18 | Loan | 55 | LCF | Ladder Capital Finance LLC | Memorial West/EAV Portfolio | 0 | 0 | 0 | 0 | 44,979 | 0 | 184,700 | 0 | Magnum Tenant Reserve ($100,000); Rent Concession Reserve ($84,700) | Jane Owner, LLC, Larkin Owner, LLC, Glenwood Gresham Owner, LLC and 1188 Owner, LLC |
18.01 | Property | Memorial West | |||||||||||||
18.02 | Property | EAV Portfolio | |||||||||||||
19 | Loan | 56, 57 | SMC | Starwood Mortgage Capital LLC | The Grand McCarren | 0 | 0 | 0 | 0 | 62,500 | 0 | 3,500,000 | 0 | Economic Reserve | Grand McCarren, LLC |
20 | Loan | 58, 59 | LCF | Ladder Capital Finance LLC | 84 South | 0 | 0 | 0 | 0 | 0 | 0 | 536,000 | 0 | TI Allowance Reserve | 84 South Retail Center LLC |
21 | Loan | 60, 61, 62 | RMF | Rialto Mortgage Finance, LLC | Sharon Square | 0 | 0 | 4,375 | 0 | 0 | 0 | 0 | 0 | 4777 Sharon Road, LLC and Wey Property One, LLC | |
22 | Loan | 63 | CREFI | Citi Real Estate Funding Inc. | Sawgrass Village | 0 | 0 | 27,188 | 0 | 0 | 0 | 1,853,650 | 0 | Unfunded Tenant Obligations Reserve | MG3 Sawgrass Office, LLC |
23 | Loan | LCF | Ladder Capital Finance LLC | Sherwood and Glen Ridge MHC | 0 | 0 | 11,000 | 0 | 0 | 0 | 0 | 0 | Sherwood Village MHC, LLC | ||
24 | Loan | 64 | SMC | Starwood Mortgage Capital LLC | Shops at Central Park | 0 | 0 | 41,884 | 0 | 0 | 0 | 0 | 0 | Shops Dunhill Ratel Owner, LLC | |
25 | Loan | 65 | CREFI | Citi Real Estate Funding Inc. | Coventry Square | 0 | 0 | 1,250 | 0 | 0 | 0 | 0 | 0 | Westwood Charles Coventry Property Owner, L.P. | |
26 | Loan | 66 | RMF | Rialto Mortgage Finance, LLC | Suburbia Shopping Center | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Suburbia Shopping Center, L.P. | |
27 | Loan | 67 | RMF | Rialto Mortgage Finance, LLC | Homewood Suites - Eatontown | 0 | 0 | 0 | 0 | 0 | 0 | 1,100,000 | 0 | PIP Reserve ($1,000,000.00); Seasonality Reserve ($100,000) | Jersey Shore Hotel Partners LLC |
28 | Loan | CREFI | Citi Real Estate Funding Inc. | 408 West 130th Street | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | BTG LLC | ||
29 | Loan | SMC | Starwood Mortgage Capital LLC | Quail Meadows | 0 | 0 | 32,830 | 0 | 0 | 0 | 0 | 0 | Gatesco Q.M., LLC | ||
30 | Loan | 68 | SMC | Starwood Mortgage Capital LLC | Hawks Landing Apartments | 0 | 0 | 0 | 0 | 0 | 0 | 500,000 | 0 | Debt Yield Holdback | Hawks Landing Luxury Apartments, LLC |
31 | Loan | CREFI | Citi Real Estate Funding Inc. | Shadow Lake Apartments | 91,887 | 0 | 10,269 | 0 | 0 | 0 | 51,500 | 0 | Radon Remediation Reserve | Shadow Lake Atlanta Apartments LP | |
32 | Loan | LCF | Ladder Capital Finance LLC | Northridge Commons | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Northridge Parcel A LLC, Northridge Parcel B LLC and Northridge Parcel D II LLC | ||
33 | Loan | 69 | SMC | Starwood Mortgage Capital LLC | Noll Portfolio | 0 | 0 | 124,978 | 0 | 1,875 | 0 | 0 | 0 | SHH Enterprises OH, LLC, SJL Stonegate OH, LLC, Richfield Properties, LLC, Breck Management, LLC, Mill Valley Management, LLC | |
33.01 | Property | Ghent Road | |||||||||||||
33.02 | Property | Fairlawn Office Properties | |||||||||||||
33.03 | Property | Mill Valley | |||||||||||||
33.04 | Property | Brecksville | |||||||||||||
33.05 | Property | 782-788 West Market Street | |||||||||||||
33.06 | Property | 1303 West Maple | |||||||||||||
34 | Loan | 70, 71 | LCF | Ladder Capital Finance LLC | Palm Bay West Shopping Center | 0 | 0 | 0 | 0 | 0 | 0 | 141,530 | 0 | Rent Abatement Reserve | Palm Bay West, LLC |
35 | Loan | LCF | Ladder Capital Finance LLC | Royal Ridge Apartments | 0 | 0 | 328,075 | 0 | 0 | 0 | 0 | 0 | SBV-Kansas City-Royal Ridge, LLC | ||
36 | Loan | CREFI | Citi Real Estate Funding Inc. | Stanford Court | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Westwood Center Stanford Property Owner, L.P. | ||
37 | Loan | CREFI | Citi Real Estate Funding Inc. | 604 Tenth Ave | 0 | 0 | 0 | 0 | 0 | 0 | 697,558 | 0 | Pio Pio Holdback Reserve ($500,000); Common Charge Dispute Reserve ($170,792.96); Monthly Common Charge Deficiency Reserve ($23,904.50); Condo Common Charge Reserve ($2,861) | Chatham 44 Commercial Associates, LLC | |
38 | Loan | CREFI | Citi Real Estate Funding Inc. | 224 Walworth Street | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Walworth Dekalb Realty, LLC | ||
39 | Loan | 72, 73 | SMC | Starwood Mortgage Capital LLC | TownePlace Suites Weston | 0 | 0 | 0 | 0 | 0 | 0 | 1,253,206 | 0 | PIP Reserve | Kenne RE, LLC and Kenne OPS, LLC |
40 | Loan | 8, 74, 75 | SMC | Starwood Mortgage Capital LLC | Wells Fargo Place | 0 | 0 | 0 | 0 | 0 | 0 | 3,171,121 | 0 | Existing Tenant TI/LC Reserve ($1,648,010); Existing Tenant Rent Concession Reserve ($1,364,950); Cedar Street Skywalk Escalator Reserve ($158,161.25) | St. Paul Tower, L.P.; Overland W.F.P.-1, L.P.; Overland W.F.P.-2, L.P.; WF Tower Holdings, LP |
41 | Loan | 76, 77, 78 | LCF | Ladder Capital Finance LLC | Courtyard by Marriott New Haven/Milford | 0 | 0 | 0 | 0 | 0 | 0 | 1,125,000 | Seasonality Reserve of $11,000 will be collected during May through November | PIP Reserve ($1,105,000); Seasonality Reserve ($20,000) | RLP Del Hotel LLC, OLP Del LLC, PB TN Connecticut LLC and SMB Del Hospitality LLC |
42 | Loan | CREFI | Citi Real Estate Funding Inc. | The Madison | 0 | 0 | 2,875 | 0 | 0 | 0 | 0 | 0 | Westwood Madison Property Owner, L.P. | ||
43 | Loan | SMC | Starwood Mortgage Capital LLC | 39 East 21st Street | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 39 East 21st Street Partners LLC | ||
44 | Loan | CREFI | Citi Real Estate Funding Inc. | Village on the Green | 0 | 0 | 3,750 | 0 | 0 | 0 | 0 | 0 | Rivervale Collignon Village Property Owner, L.P. | ||
45 | Loan | 79, 80 | LCF | Ladder Capital Finance LLC | Highland Commons | 0 | 0 | 0 | 0 | 0 | 0 | 1,022,175 | 0 | Holdback Reserve ($1,000,000), Free Rent Reserve ($22,175) | Cambridge Highland Commons, LLC |
46 | Loan | 81 | LCF | Ladder Capital Finance LLC | 7223-7241 Fair Oaks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Carmichael Investments, LLC | |
47 | Loan | 82, 83 | RMF | Rialto Mortgage Finance, LLC | Morton Place Apartments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | AWF Fund II LLC | |
48 | Loan | 84 | RMF | Rialto Mortgage Finance, LLC | Hampton Inn Cleveland-Westlake | 0 | 0 | 0 | 0 | 0 | 0 | 2,097,737 | 0 | PIP Reserve | Double Star Hospitality Westlake LLC |
49 | Loan | 85, 86 | SMC | Starwood Mortgage Capital LLC | Vilcom Office | 0 | 0 | 150,814 | 0 | 0 | 0 | 6,400 | 0 | Jenzabar, Inc. Free Rent Reserve | Vilcom Investment LLC |
50 | Loan | SMC | Starwood Mortgage Capital LLC | 558 West 193rd Street | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 558 West 193 LLC | ||
51 | Loan | SMC | Starwood Mortgage Capital LLC | Portland MHP | 0 | 0 | 16,875 | 0 | 0 | 0 | 0 | 0 | MHP Partners Portland, LLC | ||
52 | Loan | RMF | Rialto Mortgage Finance, LLC | Birdneck Self Storage | 0 | 0 | 12,531 | 0 | 0 | 0 | 0 | 0 | Prime Storage Bells Road, LLC | ||
53 | Loan | SMC | Starwood Mortgage Capital LLC | Stoney River Fee | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Major Tenant Reserve | Unit IV, LLC | |
54 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Sullivan, IL | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | LDG Sullivan IL LLC | ||
55 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Adrian, MO | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | LDG Adrian MO LLC |
Page 12 of 15
CGCMT 2019-C7 Annex A | |||||||||||||||
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Delaware Statutory Trust? Y/N | Carve-out Guarantor | Loan Purpose | Loan Amount (sources) ($) | Principal's New Cash Contribution ($) (7) | Subordinate Debt ($) | Other Sources ($) | Total Sources ($) | Loan Payoff ($) | Purchase Price ($) |
1 | Loan | 8, 9, 10, 11, 12 | CREFI | Citi Real Estate Funding Inc. | 490-504 Myrtle Avenue | No | Brian Shatz and Josh Zegen | Refinance | 85,000,000 | 0 | 20,000,000 | 0 | 105,000,000 | 102,417,123 | 0 |
1.01 | Property | 504 Myrtle Avenue | |||||||||||||
1.02 | Property | 490 Myrtle Avenue | |||||||||||||
2 | Loan | 8, 13, 14, 15, 16, 17 | CREFI | Citi Real Estate Funding Inc., Goldman Sachs Bank USA, Barclays Capital Real Estate Inc., and BMO Harris Bank N.A. | 650 Madison Avenue | No | Vornado Realty L.P., OPG Investment Holdings (US), LLC | Refinance | 586,800,000 | 9,510,787 | 213,200,000 | 20,051,781 | 829,562,568 | 800,000,000 | 0 |
3 | Loan | 8, 18, 19, 20, 21 | CREFI | Citi Real Estate Funding Inc. | 805 Third Avenue | No | Charles Steven Cohen | Refinance | 150,000,000 | 0 | 125,000,000 | 0 | 275,000,000 | 162,085,895 | 0 |
4 | Loan | 22, 23 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 2 | No | Seryl Kushner | Refinance | 45,107,662 | 0 | 0 | 0 | 45,107,662 | 43,295,392 | 0 |
4.01 | Property | 199-203 E 4th St | |||||||||||||
4.02 | Property | 118-120 E 4th St | |||||||||||||
4.03 | Property | 315 E 10th St | |||||||||||||
5 | Loan | 8, 24, 25, 26, 27 | CREFI | Citi Real Estate Funding Inc. | 405 E 4th Avenue | No | Jamie D'Alessandro, Jamie D'Alessandro, as Trustee of the D’Alessandro 2005 Revocable Trust Dated June 7, 2005, Richard Taliaferro Spieker, Jr. (a/k/a Richard Tod Spieker, Jr.), Richard Taliaferro Spieker, Jr, as Trustee of the Richard Taliaferro Spieker, Jr and Diana Wilson Spieker Revocable Trust Created UTA Dated February 26, 2014, Michael W. Field, Michael W. Field as Trustee of the Michael W. Field and Mary D. Field Revocable Trust Created UTA Dated February 14, 2014 | Refinance | 62,500,000 | 0 | 0 | 0 | 62,500,000 | 47,545,162 | 0 |
6 | Loan | 28, 29 | CREFI | Citi Real Estate Funding Inc. | Gartner Campus South | No | Kawa Capital Partners LLC | Acquisition | 40,290,000 | 27,490,761 | 0 | 127,540 | 67,908,300 | 0 | 67,150,000 |
7 | Loan | 8, 30, 31, 32 | CREFI | Citi Real Estate Funding Inc. | Harvey Building Products | No | AG Net Lease IV Corp. | Acquisition | 160,000,000 | 70,172,133 | 0 | 2,978,804 | 233,150,937 | 0 | 230,750,000 |
7.01 | Property | Londonderry / Manufacturing | |||||||||||||
7.02 | Property | Dartmouth / Manufacturing | |||||||||||||
7.03 | Property | Waltham Corporate | |||||||||||||
7.04 | Property | Woburn | |||||||||||||
7.05 | Property | Nashua | |||||||||||||
7.06 | Property | Woburn CPD | |||||||||||||
7.07 | Property | (West) Bridgewater | |||||||||||||
7.08 | Property | Manchester, NH | |||||||||||||
7.09 | Property | Norwalk 256 | |||||||||||||
7.10 | Property | New London | |||||||||||||
7.11 | Property | East Haven | |||||||||||||
7.12 | Property | Lincoln | |||||||||||||
7.13 | Property | Bethlehem | |||||||||||||
7.14 | Property | Salem | |||||||||||||
7.15 | Property | Norwalk 260 | |||||||||||||
7.16 | Property | Berlin | |||||||||||||
7.17 | Property | Dartmouth | |||||||||||||
7.18 | Property | Manchester, CT | |||||||||||||
7.19 | Property | Portland | |||||||||||||
7.20 | Property | Braintree | |||||||||||||
7.21 | Property | Warwick | |||||||||||||
7.22 | Property | Fitchburg | |||||||||||||
7.23 | Property | Auburn | |||||||||||||
7.24 | Property | Berlin CPD | |||||||||||||
7.25 | Property | Portsmouth | |||||||||||||
7.26 | Property | Southampton | |||||||||||||
7.27 | Property | Wilkes-Barre | |||||||||||||
7.28 | Property | Hyannis | |||||||||||||
7.29 | Property | Springfield | |||||||||||||
7.30 | Property | White River Junction | |||||||||||||
8 | Loan | 33, 34 | LCF | Ladder Capital Finance LLC | Marriott Phoenix Airport | No | CSC Holdings, LLC | Refinance | 40,000,000 | 0 | 0 | 0 | 40,000,000 | 26,759,478 | 0 |
9 | Loan | 8, 35, 36 | CREFI | Citi Real Estate Funding Inc. | Austin Landing Mixed-Use | No | Soly Halabi and Joseph Simhon | Acquisition | 88,750,000 | 22,325,720 | 26,000,000 | 1,783,461 | 138,859,181 | 0 | 134,500,000 |
10 | Loan | 37, 38, 39, 40, 41 | CREFI | Citi Real Estate Funding Inc., Wells Fargo Bank, N.A. | Giant Anchored Portfolio | No | Leo S. Ullman and Robert F. Whalen, Jr. | Acquisition | 97,000,000 | 31,166,630 | 0 | 0 | 128,166,630 | 0 | 127,000,000 |
10.01 | Property | Parkway Plaza | |||||||||||||
10.02 | Property | Aston Center | |||||||||||||
10.03 | Property | Spring Meadow | |||||||||||||
10.04 | Property | Scott Town Center | |||||||||||||
10.05 | Property | Creekside Marketplace | |||||||||||||
10.06 | Property | Stonehenge Square | |||||||||||||
10.07 | Property | AYR Town Center | |||||||||||||
11 | Loan | 42, 43, 44, 45 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 1 | No | Seryl Kushner | Refinance | 36,483,246 | 0 | 0 | 0 | 36,483,246 | 34,865,393 | 0 |
11.01 | Property | 170-174 E 2nd St | |||||||||||||
11.02 | Property | 325 E 10th St | |||||||||||||
11.03 | Property | 23 Avenue A | |||||||||||||
11.04 | Property | 49.5 1st Avenue | |||||||||||||
12 | Loan | 8, 46, 47, 48, 49 | SMC | Starwood Mortgage Capital LLC | Alrig Portfolio | No | Gabriel L. Schuchman | Refinance | 49,500,000 | 0 | 0 | 0 | 49,500,000 | 42,044,113 | 0 |
12.01 | Property | Bingham III | |||||||||||||
12.02 | Property | 30445 Northwestern Highway | |||||||||||||
12.03 | Property | 1750 South Telegraph Road | |||||||||||||
12.04 | Property | 2550 South Telegraph Road | |||||||||||||
12.05 | Property | 32270 Telegraph Road | |||||||||||||
12.06 | Property | 2525 South Telegraph Road | |||||||||||||
12.07 | Property | Ellsworth Shopping Center | |||||||||||||
12.08 | Property | 3300 Alpine Avenue | |||||||||||||
12.09 | Property | 21 East Long Lake Road | |||||||||||||
12.10 | Property | Fairways Office Building | |||||||||||||
12.11 | Property | 7115 Orchard Lake Road | |||||||||||||
12.12 | Property | CGS Canton | |||||||||||||
13 | Loan | 8, 50, 51 | SMC | Starwood Mortgage Capital LLC | Park Central Tower | No | William C. Rudolph and Charles S. Perlow | Refinance | 60,000,000 | 0 | 0 | 0 | 60,000,000 | 52,004,579 | 0 |
14 | Loan | 8, 52, 53 | LCF | Ladder Capital Finance LLC | Shoppes at Parma | No | Mehrdad Mottahedeh and David Mottahedeh | Acquisition | 57,075,000 | 26,340,456 | 0 | 0 | 83,415,456 | 0 | 80,550,000 |
15 | Loan | 54 | RMF | Rialto Mortgage Finance, LLC | Town Center at Sterling | No | Gary D. Rappaport, Gary D. Rappaport Revocable Trust | Acquisition | 33,600,000 | 11,833,785 | 0 | 75,000 | 45,508,785 | 0 | 43,502,936 |
16 | Loan | CREFI | Citi Real Estate Funding Inc. | Brazilian Court | No | Robert Schlesinger | Refinance | ||||||||
17 | Loan | RMF | Rialto Mortgage Finance, LLC | Evergreen at Southwood | No | Westdale Properties America I, Ltd. | Acquisition | ||||||||
18 | Loan | 55 | LCF | Ladder Capital Finance LLC | Memorial West/EAV Portfolio | No | Samuel Engelman and David P. Cochran | Refinance | |||||||
18.01 | Property | Memorial West | |||||||||||||
18.02 | Property | EAV Portfolio | |||||||||||||
19 | Loan | 56, 57 | SMC | Starwood Mortgage Capital LLC | The Grand McCarren | No | Jeff Kurtz | Refinance | |||||||
20 | Loan | 58, 59 | LCF | Ladder Capital Finance LLC | 84 South | No | Davinder Toor | Acquisition | |||||||
21 | Loan | 60, 61, 62 | RMF | Rialto Mortgage Finance, LLC | Sharon Square | No | Paul D. Larson and Larson Capital Fund VI, LLC | Acquisition | |||||||
22 | Loan | 63 | CREFI | Citi Real Estate Funding Inc. | Sawgrass Village | No | MG3 REIT, LLC | Acquisition | |||||||
23 | Loan | LCF | Ladder Capital Finance LLC | Sherwood and Glen Ridge MHC | No | Ross H. Partrich | Refinance | ||||||||
24 | Loan | 64 | SMC | Starwood Mortgage Capital LLC | Shops at Central Park | No | William L. Hutchinson | Refinance | |||||||
25 | Loan | 65 | CREFI | Citi Real Estate Funding Inc. | Coventry Square | No | Seryl Kushner | Refinance | |||||||
26 | Loan | 66 | RMF | Rialto Mortgage Finance, LLC | Suburbia Shopping Center | No | Joseph R. Gambone, Jr., Michael A. Gambone and Thomas F. Hennigan, III | Refinance | |||||||
27 | Loan | 67 | RMF | Rialto Mortgage Finance, LLC | Homewood Suites - Eatontown | No | Mendel Deutsch, David Frankel and Martin Zelcer | Acquisition | |||||||
28 | Loan | CREFI | Citi Real Estate Funding Inc. | 408 West 130th Street | No | Teresa Gottehrer | Refinance | ||||||||
29 | Loan | SMC | Starwood Mortgage Capital LLC | Quail Meadows | No | Gary W. Gates, Jr. | Refinance | ||||||||
30 | Loan | 68 | SMC | Starwood Mortgage Capital LLC | Hawks Landing Apartments | No | Joseph Vitolo | Refinance | |||||||
31 | Loan | CREFI | Citi Real Estate Funding Inc. | Shadow Lake Apartments | No | Ronald Eisenberg | Refinance | ||||||||
32 | Loan | LCF | Ladder Capital Finance LLC | Northridge Commons | No | Gary Sakwa | Refinance | ||||||||
33 | Loan | 69 | SMC | Starwood Mortgage Capital LLC | Noll Portfolio | No | Sandra H. Noll | Refinance | |||||||
33.01 | Property | Ghent Road | |||||||||||||
33.02 | Property | Fairlawn Office Properties | |||||||||||||
33.03 | Property | Mill Valley | |||||||||||||
33.04 | Property | Brecksville | |||||||||||||
33.05 | Property | 782-788 West Market Street | |||||||||||||
33.06 | Property | 1303 West Maple | |||||||||||||
34 | Loan | 70, 71 | LCF | Ladder Capital Finance LLC | Palm Bay West Shopping Center | No | Alberto Dayan | Acquisition | |||||||
35 | Loan | LCF | Ladder Capital Finance LLC | Royal Ridge Apartments | No | Scott I. Asner and Michael Gortenburg | Refinance | ||||||||
36 | Loan | CREFI | Citi Real Estate Funding Inc. | Stanford Court | No | Seryl Kushner | Refinance | ||||||||
37 | Loan | CREFI | Citi Real Estate Funding Inc. | 604 Tenth Ave | No | Harvey Gessin | Refinance | ||||||||
38 | Loan | CREFI | Citi Real Estate Funding Inc. | 224 Walworth Street | No | Cheskel Schwimmer | Refinance | ||||||||
39 | Loan | 72, 73 | SMC | Starwood Mortgage Capital LLC | TownePlace Suites Weston | No | Gustavo Blanco and Oscar Vila | Acquisition | |||||||
40 | Loan | 8, 74, 75 | SMC | Starwood Mortgage Capital LLC | Wells Fargo Place | No | H. Bradford Inglesby and Tyler J. Duncan | Refinance | |||||||
41 | Loan | 76, 77, 78 | LCF | Ladder Capital Finance LLC | Courtyard by Marriott New Haven/Milford | No | Shailesh Patel, Vihang Patel and Paresh Vyas | Acquisition | |||||||
42 | Loan | CREFI | Citi Real Estate Funding Inc. | The Madison | No | Seryl Kushner | Refinance | ||||||||
43 | Loan | SMC | Starwood Mortgage Capital LLC | 39 East 21st Street | No | Judah Klausner | Refinance | ||||||||
44 | Loan | CREFI | Citi Real Estate Funding Inc. | Village on the Green | No | Seryl Kushner | Refinance | ||||||||
45 | Loan | 79, 80 | LCF | Ladder Capital Finance LLC | Highland Commons | No | Christopher Chun | Refinance | |||||||
46 | Loan | 81 | LCF | Ladder Capital Finance LLC | 7223-7241 Fair Oaks | No | Veral Masani and Vipul Udani | Acquisition | |||||||
47 | Loan | 82, 83 | RMF | Rialto Mortgage Finance, LLC | Morton Place Apartments | No | Merrill Kaliser, Pratima Sharma, and Bhuvaneshwer Sharma | Acquisition | |||||||
48 | Loan | 84 | RMF | Rialto Mortgage Finance, LLC | Hampton Inn Cleveland-Westlake | No | Nishant Meraiya and Jashiben Patel | Acquisition | |||||||
49 | Loan | 85, 86 | SMC | Starwood Mortgage Capital LLC | Vilcom Office | No | Joel Schneider, David Kaufman and David Blatt | Refinance | |||||||
50 | Loan | SMC | Starwood Mortgage Capital LLC | 558 West 193rd Street | No | Chaim Simkowitz | Refinance | ||||||||
51 | Loan | SMC | Starwood Mortgage Capital LLC | Portland MHP | No | Ryan Miller and David Fu | Refinance | ||||||||
52 | Loan | RMF | Rialto Mortgage Finance, LLC | Birdneck Self Storage | No | Robert Moser | Acquisition | ||||||||
53 | Loan | SMC | Starwood Mortgage Capital LLC | Stoney River Fee | No | Four O Group, L.L.C. and Alan M. Kiriluk | Recapitalization | ||||||||
54 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Sullivan, IL | No | Ladder Capital CRE Equity LLC | Acquisition | ||||||||
55 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Adrian, MO | No | Ladder Capital CRE Equity LLC | Acquisition |
Page 13 of 15
CGCMT 2019-C7 Annex A | |||||||||||||||
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Closing Costs ($) | Reserves ($) | Principal Equity Distribution ($) | Other Uses ($) | Total Uses ($) | Lockbox | Cash Management | Cash Management Triggers | Ground Lease Y/N | Ground Lease Expiration Date |
1 | Loan | 8, 9, 10, 11, 12 | CREFI | Citi Real Estate Funding Inc. | 490-504 Myrtle Avenue | 1,601,715 | 52,358 | 928,803 | 0 | 105,000,000 | Hard | Springing | (i) the occurrence of an Event of Default, (ii) Aggregate DSCR is less than 1.10x, (iii) DSCR is less than 1.65x, (iv) the occurrence of an Mezzanine Trigger Period | No | |
1.01 | Property | 504 Myrtle Avenue | No | ||||||||||||
1.02 | Property | 490 Myrtle Avenue | No | ||||||||||||
2 | Loan | 8, 13, 14, 15, 16, 17 | CREFI | Citi Real Estate Funding Inc., Goldman Sachs Bank USA, Barclays Capital Real Estate Inc., and BMO Harris Bank N.A. | 650 Madison Avenue | 5,828,767 | 9,576,014 | 0 | 14,157,786 | 829,562,568 | Hard | Springing | (i) the occurrence of an Event of Default, (ii) DY less than 6.0% | No | |
3 | Loan | 8, 18, 19, 20, 21 | CREFI | Citi Real Estate Funding Inc. | 805 Third Avenue | 6,899,296 | 5,171,861 | 100,842,948 | 0 | 275,000,000 | Hard | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.30x | No | |
4 | Loan | 22, 23 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 2 | 1,219,915 | 66,690 | 525,665 | 0 | 45,107,662 | Springing | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.0% | No | |
4.01 | Property | 199-203 E 4th St | No | ||||||||||||
4.02 | Property | 118-120 E 4th St | No | ||||||||||||
4.03 | Property | 315 E 10th St | No | ||||||||||||
5 | Loan | 8, 24, 25, 26, 27 | CREFI | Citi Real Estate Funding Inc. | 405 E 4th Avenue | 2,748,948 | 5,668,770 | 6,537,120 | 0 | 62,500,000 | Springing | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.50%, (iii) the occurrence of a Specified Tenant Trigger Period | No | |
6 | Loan | 28, 29 | CREFI | Citi Real Estate Funding Inc. | Gartner Campus South | 758,300 | 0 | 0 | 0 | 67,908,300 | Hard | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Specified Tenant Trigger Period | Yes | 5/31/2037 |
7 | Loan | 8, 30, 31, 32 | CREFI | Citi Real Estate Funding Inc. | Harvey Building Products | 2,400,937 | 0 | 0 | 0 | 233,150,937 | Hard | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Specified Tenant Trigger Period | No | |
7.01 | Property | Londonderry / Manufacturing | No | ||||||||||||
7.02 | Property | Dartmouth / Manufacturing | No | ||||||||||||
7.03 | Property | Waltham Corporate | No | ||||||||||||
7.04 | Property | Woburn | No | ||||||||||||
7.05 | Property | Nashua | No | ||||||||||||
7.06 | Property | Woburn CPD | No | ||||||||||||
7.07 | Property | (West) Bridgewater | No | ||||||||||||
7.08 | Property | Manchester, NH | No | ||||||||||||
7.09 | Property | Norwalk 256 | No | ||||||||||||
7.10 | Property | New London | No | ||||||||||||
7.11 | Property | East Haven | No | ||||||||||||
7.12 | Property | Lincoln | No | ||||||||||||
7.13 | Property | Bethlehem | No | ||||||||||||
7.14 | Property | Salem | No | ||||||||||||
7.15 | Property | Norwalk 260 | No | ||||||||||||
7.16 | Property | Berlin | No | ||||||||||||
7.17 | Property | Dartmouth | No | ||||||||||||
7.18 | Property | Manchester, CT | No | ||||||||||||
7.19 | Property | Portland | No | ||||||||||||
7.20 | Property | Braintree | No | ||||||||||||
7.21 | Property | Warwick | No | ||||||||||||
7.22 | Property | Fitchburg | No | ||||||||||||
7.23 | Property | Auburn | No | ||||||||||||
7.24 | Property | Berlin CPD | No | ||||||||||||
7.25 | Property | Portsmouth | No | ||||||||||||
7.26 | Property | Southampton | No | ||||||||||||
7.27 | Property | Wilkes-Barre | No | ||||||||||||
7.28 | Property | Hyannis | No | ||||||||||||
7.29 | Property | Springfield | No | ||||||||||||
7.30 | Property | White River Junction | No | ||||||||||||
8 | Loan | 33, 34 | LCF | Ladder Capital Finance LLC | Marriott Phoenix Airport | 453,940 | 929,841 | 11,856,741 | 0 | 40,000,000 | Hard | Springing | (i) the occurrence of an Event of Default, (ii) the occurrence of an Event of Default under the Management Agreement, (iii) DSCR is less than 1.55x, (iv) the delivery of notice by the franchisor of any breach or default by Borrower under the franchise agreement | No | |
9 | Loan | 8, 35, 36 | CREFI | Citi Real Estate Funding Inc. | Austin Landing Mixed-Use | 1,766,384 | 2,592,797 | 0 | 0 | 138,859,181 | Hard | In Place | (i) the occurrence of an Event of Default, (ii) Underwritten Net Cash Flow falling below $8,000,000, (iii) the occurrence of a Specified Tenant Trigger Period | No | |
10 | Loan | 37, 38, 39, 40, 41 | CREFI | Citi Real Estate Funding Inc., Wells Fargo Bank, N.A. | Giant Anchored Portfolio | 1,166,630 | 0 | 0 | 0 | 128,166,630 | Springing | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 7.25%, (iii) the occurrence of Specified Tenant Trigger Period, (iv) the occurrence of a Renewal Cash Sweep Event | No | |
10.01 | Property | Parkway Plaza | No | ||||||||||||
10.02 | Property | Aston Center | No | ||||||||||||
10.03 | Property | Spring Meadow | No | ||||||||||||
10.04 | Property | Scott Town Center | No | ||||||||||||
10.05 | Property | Creekside Marketplace | No | ||||||||||||
10.06 | Property | Stonehenge Square | No | ||||||||||||
10.07 | Property | AYR Town Center | No | ||||||||||||
11 | Loan | 42, 43, 44, 45 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 1 | 993,531 | 50,078 | 574,244 | 0 | 36,483,246 | Springing | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.0% | No | |
11.01 | Property | 170-174 E 2nd St | No | ||||||||||||
11.02 | Property | 325 E 10th St | No | ||||||||||||
11.03 | Property | 23 Avenue A | No | ||||||||||||
11.04 | Property | 49.5 1st Avenue | No | ||||||||||||
12 | Loan | 8, 46, 47, 48, 49 | SMC | Starwood Mortgage Capital LLC | Alrig Portfolio | 916,936 | 625,271 | 5,913,680 | 0 | 49,500,000 | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x | No | |
12.01 | Property | Bingham III | No | ||||||||||||
12.02 | Property | 30445 Northwestern Highway | No | ||||||||||||
12.03 | Property | 1750 South Telegraph Road | No | ||||||||||||
12.04 | Property | 2550 South Telegraph Road | No | ||||||||||||
12.05 | Property | 32270 Telegraph Road | No | ||||||||||||
12.06 | Property | 2525 South Telegraph Road | No | ||||||||||||
12.07 | Property | Ellsworth Shopping Center | No | ||||||||||||
12.08 | Property | 3300 Alpine Avenue | No | ||||||||||||
12.09 | Property | 21 East Long Lake Road | No | ||||||||||||
12.10 | Property | Fairways Office Building | No | ||||||||||||
12.11 | Property | 7115 Orchard Lake Road | No | ||||||||||||
12.12 | Property | CGS Canton | No | ||||||||||||
13 | Loan | 8, 50, 51 | SMC | Starwood Mortgage Capital LLC | Park Central Tower | 2,200,202 | 2,693,410 | 3,101,809 | 0 | 60,000,000 | Hard | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Key Tenant Trigger Event | No | |
14 | Loan | 8, 52, 53 | LCF | Ladder Capital Finance LLC | Shoppes at Parma | 774,169 | 2,091,287 | 0 | 0 | 83,415,456 | Hard | Springing | (i) the occurrence of an Event of Default, (ii) the occurrence of an Event of Default under the Management Agreement, (iii) the occurrence of a Cash Sweep Significant Tenant Trigger Event, (iv) DSCR is less than 1.30x | No | |
15 | Loan | 54 | RMF | Rialto Mortgage Finance, LLC | Town Center at Sterling | 964,864 | 1,040,984 | 0 | 0 | 45,508,785 | Springing | Springing | (i) the occurrence of an Event of Default, (ii) Borrower's second failure in any consecutive twelve month period to pay monthly debt service on a payment date, (iii) Bankruptcy Action of Borrower, Guarantor or Manager, (iv) DSCR is less than 1.20x, (v) Critical Tenant Trigger Event | No | |
16 | Loan | CREFI | Citi Real Estate Funding Inc. | Brazilian Court | Hard | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 8.5% | No | |||||||
17 | Loan | RMF | Rialto Mortgage Finance, LLC | Evergreen at Southwood | Springing | Springing | (i) the occurrence of an Event of Default, (ii) Bankruptcy Action of Borrower, Guarantor or Manager | No | |||||||
18 | Loan | 55 | LCF | Ladder Capital Finance LLC | Memorial West/EAV Portfolio | Springing | Springing | (i) the occurrence of an Event of Default, (ii) the occurrence of an Event of Default under the Management Agreement, (iii) DSCR is less than 1.20x | No | ||||||
18.01 | Property | Memorial West | No | ||||||||||||
18.02 | Property | EAV Portfolio | No | ||||||||||||
19 | Loan | 56, 57 | SMC | Starwood Mortgage Capital LLC | The Grand McCarren | Soft | Springing | (i) the occurrence of an Event of Default, (ii) the occurrence of a Mezzanine Event of Default, (iii) DSCR based on the aggregate mortgage loan and mezzanine loan is less than 1.05x | No | ||||||
20 | Loan | 58, 59 | LCF | Ladder Capital Finance LLC | 84 South | Hard | Springing | (i) the occurrence of an Event of Default, (ii) any event of default under the Management Agreement, (iii) a Cash Sweep Significant Tenant Trigger Event, (iv) the DSCR for the Property falls below 1.15x | No | ||||||
21 | Loan | 60, 61, 62 | RMF | Rialto Mortgage Finance, LLC | Sharon Square | Springing | Springing | (i) the occurrence of an Event of Default, (ii) Bankruptcy Action of Borrower, Guarantor or Manager, (iii) DSCR is less than 1.25x, (iv) the occurrence of a Critical Tenant Trigger Event | No | ||||||
22 | Loan | 63 | CREFI | Citi Real Estate Funding Inc. | Sawgrass Village | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) the occurrence of a Specified Tenant Trigger Period | No | ||||||
23 | Loan | LCF | Ladder Capital Finance LLC | Sherwood and Glen Ridge MHC | Springing | Springing | (i) the occurrence of an Event of Default, (ii) the occurrence of an Event of Default under the Management Agreement, (iii) DSCR is less than 1.05x | No | |||||||
24 | Loan | 64 | SMC | Starwood Mortgage Capital LLC | Shops at Central Park | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Major Tenant Trigger Event | No | ||||||
25 | Loan | 65 | CREFI | Citi Real Estate Funding Inc. | Coventry Square | Springing | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.5% | No | ||||||
26 | Loan | 66 | RMF | Rialto Mortgage Finance, LLC | Suburbia Shopping Center | Springing | Springing | (I) the occurrence of an Event of Default, (ii) Borrower's second failure in any consecutive twelve month period to pay monthly debt service on a payment date, (iii) Bankruptcy Action of Borrower, Guarantor or Manager, (iv) DSCR is less than 1.25x, (v) the occurrence of a Critical Tenant Trigger Event | No | ||||||
27 | Loan | 67 | RMF | Rialto Mortgage Finance, LLC | Homewood Suites - Eatontown | Springing | Springing | (i) the occurrence of an Event of Default, (ii) so long as the Mezzanine Loan is outstanding, the Debt Yield based on the trailing twelve month period immediately preceding the date of such determination is less than 9%, (iii) Bankruptcy Action of Borrower, Guarantor, or Manager, (iv) DSCR is less than 1.20x, (v) the occurrence of a Franchise Trigger Event; (vi) the occurrence of a Mezzanine Loan Event of Default | No | ||||||
28 | Loan | CREFI | Citi Real Estate Funding Inc. | 408 West 130th Street | Springing | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.0% | No | |||||||
29 | Loan | SMC | Starwood Mortgage Capital LLC | Quail Meadows | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | No | |||||||
30 | Loan | 68 | SMC | Starwood Mortgage Capital LLC | Hawks Landing Apartments | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | No | ||||||
31 | Loan | CREFI | Citi Real Estate Funding Inc. | Shadow Lake Apartments | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | No | |||||||
32 | Loan | LCF | Ladder Capital Finance LLC | Northridge Commons | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of an Event of Default under the Management Agreement, (iv) the occurrence of a Sweep Event Significant Tenant Trigger Event | No | |||||||
33 | Loan | 69 | SMC | Starwood Mortgage Capital LLC | Noll Portfolio | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x | No | ||||||
33.01 | Property | Ghent Road | No | ||||||||||||
33.02 | Property | Fairlawn Office Properties | No | ||||||||||||
33.03 | Property | Mill Valley | No | ||||||||||||
33.04 | Property | Brecksville | No | ||||||||||||
33.05 | Property | 782-788 West Market Street | No | ||||||||||||
33.06 | Property | 1303 West Maple | No | ||||||||||||
34 | Loan | 70, 71 | LCF | Ladder Capital Finance LLC | Palm Bay West Shopping Center | Springing | Springing | (i) the occurrence of an Event of Default, (ii) the occurrence of an Event of Default under the Management Agreement, (iii) the occurrence of a Cash Management Significant Tenant Trigger Period, (iv) DSCR is less than 1.20x | No | ||||||
35 | Loan | LCF | Ladder Capital Finance LLC | Royal Ridge Apartments | Springing | Springing | (i) the occurrence of an Event of Default, (ii) the occurrence of an Event of Default under the Management Agreement, (iii) DSCR is less than 1.30x | No | |||||||
36 | Loan | CREFI | Citi Real Estate Funding Inc. | Stanford Court | Springing | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.5% | No | |||||||
37 | Loan | CREFI | Citi Real Estate Funding Inc. | 604 Tenth Ave | Hard | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.25%, (iii) the occurrence of a Specified Tenant Trigger Period | No | |||||||
38 | Loan | CREFI | Citi Real Estate Funding Inc. | 224 Walworth Street | Springing | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.25% | No | |||||||
39 | Loan | 72, 73 | SMC | Starwood Mortgage Capital LLC | TownePlace Suites Weston | Soft | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the expiration of the franchise agreement, (iv) a default or termination under the franchise agreement | No | ||||||
40 | Loan | 8, 74, 75 | SMC | Starwood Mortgage Capital LLC | Wells Fargo Place | Hard | In Place | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.30x, (iii) the occurrence of a Major Tenant Trigger Event, (iv) DY is less than 8.5% on 11/6/2028 | No | ||||||
41 | Loan | 76, 77, 78 | LCF | Ladder Capital Finance LLC | Courtyard by Marriott New Haven/Milford | Springing | Springing | (i) the occurrence of an Event of Default, (ii) the occurrence of an Event of Default under the Management Agreement, (iii) DSCR is less than 1.50x, (iv) notice by Franchisor of any breach or default by Borrower under the Franchise Agreement | No | ||||||
42 | Loan | CREFI | Citi Real Estate Funding Inc. | The Madison | Springing | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.50% | No | |||||||
43 | Loan | SMC | Starwood Mortgage Capital LLC | 39 East 21st Street | None | None | NAP | No | |||||||
44 | Loan | CREFI | Citi Real Estate Funding Inc. | Village on the Green | Springing | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.5% | No | |||||||
45 | Loan | 79, 80 | LCF | Ladder Capital Finance LLC | Highland Commons | Springing | Springing | (i) an Event of Default, (ii) an Event of Default under the Management Agreement (iii) DSCR is less than 1.35x | No | ||||||
46 | Loan | 81 | LCF | Ladder Capital Finance LLC | 7223-7241 Fair Oaks | Hard | Springing | (i) the occurrence of an Event of Default, (ii) the occurrence of an Event of Default under the Management Agreement, (iii) the occurrence of a Cash Management Significant Tenant Trigger Event, (iv) DSCR is less than 1.25x | No | ||||||
47 | Loan | 82, 83 | RMF | Rialto Mortgage Finance, LLC | Morton Place Apartments | Springing | Springing | (I) the occurrence of an Event of Default, (ii) Borrower's second failure in any consecutive twelve month period to pay monthly debt service on a payment date, (iii) Bankruptcy Action of Borrower, Guarantor or Manager, (iv) DSCR is less than 1.15x, (v) Subordinate Mezzanine Loan Trigger Event | No | ||||||
48 | Loan | 84 | RMF | Rialto Mortgage Finance, LLC | Hampton Inn Cleveland-Westlake | Springing | Springing | (i) the occurrence of an Event of Default, (ii) Borrower's second failure in a consecutive twelve month period to pay monthly debt service, (iii) Bankruptcy Action of Borrower, Guarantor or Manager, (iv) DSCR is less than 1.25x, (v) the occurrence of a Franchise Trigger Event | No | ||||||
49 | Loan | 85, 86 | SMC | Starwood Mortgage Capital LLC | Vilcom Office | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Major Tenant Event Period | No | ||||||
50 | Loan | SMC | Starwood Mortgage Capital LLC | 558 West 193rd Street | Springing | Springing | (i) the occurrence of an Event of Default, (ii) from and after 11/6/2028, if the Debt Yield is less than 7.25% | No | |||||||
51 | Loan | SMC | Starwood Mortgage Capital LLC | Portland MHP | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | No | |||||||
52 | Loan | RMF | Rialto Mortgage Finance, LLC | Birdneck Self Storage | Springing | Springing | (i) the occurrence of an Event of Default, (ii) Borrower's second failure in any consecutive twelve month period to pay monthly debt service on a payment date, (iii) Bankruptcy Action of Borrower, Guarantor or Manager, (iv) DSCR is less than 1.20x, (v) a Subordinate Mezzanine Borrower shall enter into a Subordinate Mezzanine Loan | No | |||||||
53 | Loan | SMC | Starwood Mortgage Capital LLC | Stoney River Fee | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x, (iii) the occurrence of a Major Tenant Event Period | No | |||||||
54 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Sullivan, IL | Hard | In Place | (i) the occurrence of an Event of Default, (ii) the occurrence of a Sole Tenant Trigger Period | No | |||||||
55 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Adrian, MO | Hard | In Place | (i) the occurrence of an Event of Default, (ii) the occurrence of a Sole Tenant Trigger Period | No |
Page 14 of 15
CGCMT 2019-C7 Annex A | ||||||||||||||
Control Number | Loan / Property Flag | Footnotes | Mortgage Loan Seller | Originator | Property Name | Annual Ground Lease Payment ($) | Franchise Agreement Expiration | 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 | CREFI | Citi Real Estate Funding Inc. | 490-504 Myrtle Avenue | 35,000,000.00 | 20,000,000 | 8.00000% | Yes | 1 | ||||
1.01 | Property | 504 Myrtle Avenue | Yes | 1.01 | ||||||||||
1.02 | Property | 490 Myrtle Avenue | Yes | 1.02 | ||||||||||
2 | Loan | 8, 13, 14, 15, 16, 17 | CREFI | Citi Real Estate Funding Inc., Goldman Sachs Bank USA, Barclays Capital Real Estate Inc., and BMO Harris Bank N.A. | 650 Madison Avenue | 536,800,000.00 | 213,200,000.00 | 3.48600% | Yes | 2 | ||||
3 | Loan | 8, 18, 19, 20, 21 | CREFI | Citi Real Estate Funding Inc. | 805 Third Avenue | 100,000,000.00 | 125,000,000.00 | 3.80000% | Yes | 3 | ||||
4 | Loan | 22, 23 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 2 | Yes | 4 | |||||||
4.01 | Property | 199-203 E 4th St | Yes | 4.01 | ||||||||||
4.02 | Property | 118-120 E 4th St | Yes | 4.02 | ||||||||||
4.03 | Property | 315 E 10th St | Yes | 4.03 | ||||||||||
5 | Loan | 8, 24, 25, 26, 27 | CREFI | Citi Real Estate Funding Inc. | 405 E 4th Avenue | 20,000,000.00 | Yes | 5 | ||||||
6 | Loan | 28, 29 | CREFI | Citi Real Estate Funding Inc. | Gartner Campus South | 158,162 | Yes | 6 | ||||||
7 | Loan | 8, 30, 31, 32 | CREFI | Citi Real Estate Funding Inc. | Harvey Building Products | 120,000,000.00 | Yes | 7 | ||||||
7.01 | Property | Londonderry / Manufacturing | Yes | 7.01 | ||||||||||
7.02 | Property | Dartmouth / Manufacturing | Yes | 7.02 | ||||||||||
7.03 | Property | Waltham Corporate | Yes | 7.03 | ||||||||||
7.04 | Property | Woburn | Yes | 7.04 | ||||||||||
7.05 | Property | Nashua | Yes | 7.05 | ||||||||||
7.06 | Property | Woburn CPD | Yes | 7.06 | ||||||||||
7.07 | Property | (West) Bridgewater | Yes | 7.07 | ||||||||||
7.08 | Property | Manchester, NH | Yes | 7.08 | ||||||||||
7.09 | Property | Norwalk 256 | Yes | 7.09 | ||||||||||
7.10 | Property | New London | Yes | 7.10 | ||||||||||
7.11 | Property | East Haven | Yes | 7.11 | ||||||||||
7.12 | Property | Lincoln | Yes | 7.12 | ||||||||||
7.13 | Property | Bethlehem | Yes | 7.13 | ||||||||||
7.14 | Property | Salem | Yes | 7.14 | ||||||||||
7.15 | Property | Norwalk 260 | Yes | 7.15 | ||||||||||
7.16 | Property | Berlin | Yes | 7.16 | ||||||||||
7.17 | Property | Dartmouth | Yes | 7.17 | ||||||||||
7.18 | Property | Manchester, CT | Yes | 7.18 | ||||||||||
7.19 | Property | Portland | Yes | 7.19 | ||||||||||
7.20 | Property | Braintree | Yes | 7.20 | ||||||||||
7.21 | Property | Warwick | Yes | 7.21 | ||||||||||
7.22 | Property | Fitchburg | Yes | 7.22 | ||||||||||
7.23 | Property | Auburn | Yes | 7.23 | ||||||||||
7.24 | Property | Berlin CPD | Yes | 7.24 | ||||||||||
7.25 | Property | Portsmouth | Yes | 7.25 | ||||||||||
7.26 | Property | Southampton | Yes | 7.26 | ||||||||||
7.27 | Property | Wilkes-Barre | Yes | 7.27 | ||||||||||
7.28 | Property | Hyannis | Yes | 7.28 | ||||||||||
7.29 | Property | Springfield | Yes | 7.29 | ||||||||||
7.30 | Property | White River Junction | Yes | 7.30 | ||||||||||
8 | Loan | 33, 34 | LCF | Ladder Capital Finance LLC | Marriott Phoenix Airport | 12/31/2039 | Yes | 8 | ||||||
9 | Loan | 8, 35, 36 | CREFI | Citi Real Estate Funding Inc. | Austin Landing Mixed-Use | 50,000,000.00 | 26,000,000.00 | 11.25000% | Yes | 9 | ||||
10 | Loan | 37, 38, 39, 40, 41 | CREFI | Citi Real Estate Funding Inc., Wells Fargo Bank, N.A. | Giant Anchored Portfolio | 58,500,000.00 | Yes | 10 | ||||||
10.01 | Property | Parkway Plaza | Yes | 10.01 | ||||||||||
10.02 | Property | Aston Center | Yes | 10.02 | ||||||||||
10.03 | Property | Spring Meadow | Yes | 10.03 | ||||||||||
10.04 | Property | Scott Town Center | Yes | 10.04 | ||||||||||
10.05 | Property | Creekside Marketplace | Yes | 10.05 | ||||||||||
10.06 | Property | Stonehenge Square | Yes | 10.06 | ||||||||||
10.07 | Property | AYR Town Center | Yes | 10.07 | ||||||||||
11 | Loan | 42, 43, 44, 45 | CREFI | Citi Real Estate Funding Inc. | East Village Multifamily Portfolio Pool 1 | Yes | 11 | |||||||
11.01 | Property | 170-174 E 2nd St | Yes | 11.01 | ||||||||||
11.02 | Property | 325 E 10th St | Yes | 11.02 | ||||||||||
11.03 | Property | 23 Avenue A | Yes | 11.03 | ||||||||||
11.04 | Property | 49.5 1st Avenue | Yes | 11.04 | ||||||||||
12 | Loan | 8, 46, 47, 48, 49 | SMC | Starwood Mortgage Capital LLC | Alrig Portfolio | 14,500,000.00 | Yes | 12 | ||||||
12.01 | Property | Bingham III | Yes | 12.01 | ||||||||||
12.02 | Property | 30445 Northwestern Highway | Yes | 12.02 | ||||||||||
12.03 | Property | 1750 South Telegraph Road | Yes | 12.03 | ||||||||||
12.04 | Property | 2550 South Telegraph Road | Yes | 12.04 | ||||||||||
12.05 | Property | 32270 Telegraph Road | Yes | 12.05 | ||||||||||
12.06 | Property | 2525 South Telegraph Road | Yes | 12.06 | ||||||||||
12.07 | Property | Ellsworth Shopping Center | Yes | 12.07 | ||||||||||
12.08 | Property | 3300 Alpine Avenue | Yes | 12.08 | ||||||||||
12.09 | Property | 21 East Long Lake Road | Yes | 12.09 | ||||||||||
12.10 | Property | Fairways Office Building | Yes | 12.10 | ||||||||||
12.11 | Property | 7115 Orchard Lake Road | Yes | 12.11 | ||||||||||
12.12 | Property | CGS Canton | Yes | 12.12 | ||||||||||
13 | Loan | 8, 50, 51 | SMC | Starwood Mortgage Capital LLC | Park Central Tower | 25,000,000.00 | Yes | 13 | ||||||
14 | Loan | 8, 52, 53 | LCF | Ladder Capital Finance LLC | Shoppes at Parma | 22,075,000.00 | Yes | 14 | ||||||
15 | Loan | 54 | RMF | Rialto Mortgage Finance, LLC | Town Center at Sterling | Yes | 15 | |||||||
16 | Loan | CREFI | Citi Real Estate Funding Inc. | Brazilian Court | Yes | 16 | ||||||||
17 | Loan | RMF | Rialto Mortgage Finance, LLC | Evergreen at Southwood | Yes | 17 | ||||||||
18 | Loan | 55 | LCF | Ladder Capital Finance LLC | Memorial West/EAV Portfolio | Yes | 18 | |||||||
18.01 | Property | Memorial West | Yes | 18.01 | ||||||||||
18.02 | Property | EAV Portfolio | Yes | 18.02 | ||||||||||
19 | Loan | 56, 57 | SMC | Starwood Mortgage Capital LLC | The Grand McCarren | 4,500,000 | 10.50000% | Yes | 19 | |||||
20 | Loan | 58, 59 | LCF | Ladder Capital Finance LLC | 84 South | Yes | 20 | |||||||
21 | Loan | 60, 61, 62 | RMF | Rialto Mortgage Finance, LLC | Sharon Square | Yes | 21 | |||||||
22 | Loan | 63 | CREFI | Citi Real Estate Funding Inc. | Sawgrass Village | Yes | 22 | |||||||
23 | Loan | LCF | Ladder Capital Finance LLC | Sherwood and Glen Ridge MHC | Yes | 23 | ||||||||
24 | Loan | 64 | SMC | Starwood Mortgage Capital LLC | Shops at Central Park | Yes | 24 | |||||||
25 | Loan | 65 | CREFI | Citi Real Estate Funding Inc. | Coventry Square | Yes | 25 | |||||||
26 | Loan | 66 | RMF | Rialto Mortgage Finance, LLC | Suburbia Shopping Center | Yes | 26 | |||||||
27 | Loan | 67 | RMF | Rialto Mortgage Finance, LLC | Homewood Suites - Eatontown | 1/31/2036 | 2,500,000 | 12.00000% | Yes | 27 | ||||
28 | Loan | CREFI | Citi Real Estate Funding Inc. | 408 West 130th Street | Yes | 28 | ||||||||
29 | Loan | SMC | Starwood Mortgage Capital LLC | Quail Meadows | Yes | 29 | ||||||||
30 | Loan | 68 | SMC | Starwood Mortgage Capital LLC | Hawks Landing Apartments | Yes | 30 | |||||||
31 | Loan | CREFI | Citi Real Estate Funding Inc. | Shadow Lake Apartments | Yes | 31 | ||||||||
32 | Loan | LCF | Ladder Capital Finance LLC | Northridge Commons | Yes | 32 | ||||||||
33 | Loan | 69 | SMC | Starwood Mortgage Capital LLC | Noll Portfolio | Yes | 33 | |||||||
33.01 | Property | Ghent Road | Yes | 33.01 | ||||||||||
33.02 | Property | Fairlawn Office Properties | Yes | 33.02 | ||||||||||
33.03 | Property | Mill Valley | Yes | 33.03 | ||||||||||
33.04 | Property | Brecksville | Yes | 33.04 | ||||||||||
33.05 | Property | 782-788 West Market Street | Yes | 33.05 | ||||||||||
33.06 | Property | 1303 West Maple | Yes | 33.06 | ||||||||||
34 | Loan | 70, 71 | LCF | Ladder Capital Finance LLC | Palm Bay West Shopping Center | Yes | 34 | |||||||
35 | Loan | LCF | Ladder Capital Finance LLC | Royal Ridge Apartments | Yes | 35 | ||||||||
36 | Loan | CREFI | Citi Real Estate Funding Inc. | Stanford Court | Yes | 36 | ||||||||
37 | Loan | CREFI | Citi Real Estate Funding Inc. | 604 Tenth Ave | Yes | 37 | ||||||||
38 | Loan | CREFI | Citi Real Estate Funding Inc. | 224 Walworth Street | Yes | 38 | ||||||||
39 | Loan | 72, 73 | SMC | Starwood Mortgage Capital LLC | TownePlace Suites Weston | 11/20/2034 | Yes | 39 | ||||||
40 | Loan | 8, 74, 75 | SMC | Starwood Mortgage Capital LLC | Wells Fargo Place | 70,000,000.00 | Yes | 40 | ||||||
41 | Loan | 76, 77, 78 | LCF | Ladder Capital Finance LLC | Courtyard by Marriott New Haven/Milford | 9/22/2037 | Yes | 41 | ||||||
42 | Loan | CREFI | Citi Real Estate Funding Inc. | The Madison | Yes | 42 | ||||||||
43 | Loan | SMC | Starwood Mortgage Capital LLC | 39 East 21st Street | Yes | 43 | ||||||||
44 | Loan | CREFI | Citi Real Estate Funding Inc. | Village on the Green | Yes | 44 | ||||||||
45 | Loan | 79, 80 | LCF | Ladder Capital Finance LLC | Highland Commons | Yes | 45 | |||||||
46 | Loan | 81 | LCF | Ladder Capital Finance LLC | 7223-7241 Fair Oaks | Yes | 46 | |||||||
47 | Loan | 82, 83 | RMF | Rialto Mortgage Finance, LLC | Morton Place Apartments | Yes | 47 | |||||||
48 | Loan | 84 | RMF | Rialto Mortgage Finance, LLC | Hampton Inn Cleveland-Westlake | 2/28/2030 | Yes | 48 | ||||||
49 | Loan | 85, 86 | SMC | Starwood Mortgage Capital LLC | Vilcom Office | Yes | 49 | |||||||
50 | Loan | SMC | Starwood Mortgage Capital LLC | 558 West 193rd Street | Yes | 50 | ||||||||
51 | Loan | SMC | Starwood Mortgage Capital LLC | Portland MHP | Yes | 51 | ||||||||
52 | Loan | RMF | Rialto Mortgage Finance, LLC | Birdneck Self Storage | Yes | 52 | ||||||||
53 | Loan | SMC | Starwood Mortgage Capital LLC | Stoney River Fee | Yes | 53 | ||||||||
54 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Sullivan, IL | Yes | 54 | ||||||||
55 | Loan | LCF | Ladder Capital Finance LLC | Dollar General Adrian, MO | Yes | 55 |
Page 15 of 15
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 (x) 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 ($) reflects only the Mortgage Loan included in the Issuing Entity (which may be evidenced by one or more promissory notes); however, such Mortgage Loan is part of a Loan Combination comprised of such Mortgage Loan and one or more Pari Passu Companion Loan(s) and/or Subordinate Companion Loan(s) that are held outside the Issuing Entity, each of which is evidenced by one or more separate promissory notes. With respect to each such Mortgage Loan that is part of a Loan Combination, the 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 ($) calculations include any related Pari Passu Companion Loan(s) but exclude any related Subordinate Companion Loan. See “Description of the Mortgage Pool—The Loan Combinations” in the Preliminary Prospectus for more information regarding the Loan Combination(s). |
(9) | The 504 Myrtle Avenue Mortgaged Property is missing historical financial information due to the property having been built in 2017 and being in lease up from October 2017 to June 2019. |
(10) | The increase from Most Recent NOI (if past 2018) ($) to Underwritten Net Operating Income ($) is primarily attributable to an increase in vacancy due to the adjacent 504 Myrtle Avenue Mortgaged Property being opened as well as concession burn off. |
(11) | The borrower is required to deposit one-twelfth of the sufficient amount into a Condominium Reserve if payments are due and there is an insufficient amount in the Condominium Reserve to make those payments. |
(12) | Provided no event of default has occurred and is continuing, at any time after the earlier to occur of (i) November 18, 2022 and (ii) the second anniversary of the last securitization of a note comprising part of the 490-504 Myrtle Avenue Loan Combination, the 490-504 Myrtle Avenue Loan Combination may be defeased with certain direct full faith and credit obligations of the United States of America or other obligations which are “government securities” permitted under the 490-504 Myrtle Avenue Loan Combination documents. Voluntary prepayment of the 490-504 Myrtle Avenue Loan Combination is permitted on or after the due date occurring in August 2029 without payment of any prepayment premium. |
(13) | The Second Largest Tenant, Memorial Sloan Kettering Cancer Center, at the 650 Madison Mortgaged Property has the one-time option to terminate its lease on any date between July 1, 2020, and June 30, 2022, so long as the tenant gives 18 months’ notice and provides the landlord with the termination fee |
(14) | The increase from Most Recent NOI (if past 2018) ($) to Underwritten NOI ($) at the 650 Madison Avenue Mortgaged Property is primarily attributable to the signing of six new leases since December 2018 as well as contractual rent steps. |
(15) | The Mortgaged Property's Appraised Value ($) represents the "Hypothetical As Is" appraised value as of October 31, 2019, which assumes that the Mortgaged Property will have in place reserves of around approximately $10,000,000 at closing. |
(16) | The 650 Madison Avenue lockout period will be at least 24 payment dates beginning with and including the first payment date of January 8, 2020. Defeasance is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) November 26, 2022. The assumed lockout period of 24 payments is based on the expected CGCMT 2019-C7 securitization closing date in December 2019. The actual lockout period may be longer. |
(17) | The Mortgaged Property was originally developed in 1957 and underwent a significant expansion and renovation in 1987 to add the 19-story office tower. |
(18) | The largest tenant at the Property, the Meredith Corporation (“Meredith”), comprises 35.7% of total NRA and 30.7% of UW Gross Rent on a below market lease (currently paying UW Gross Rent of $46.17 per SF compared to the appraiser’s concluded market rent for their total leased space of $66.00 per SF) through December 2026. Upon its merger with Time Inc. in 2018, the tenant moved to Time Inc.’s office at Brookfield Place and subsequently subleased 95,200 SF of its space on floors 26 through 29 to KBRA (16.0% of NRA), 47,600 SF on floors 24 and 25 to Gen II Fund Services which subsequently expanded to sublease 22,494 SF on the 23rd floor and now occupies a total of 70,094 SF (11.8% of NRA), and 23,800 SF on the 22nd floor to NewsMax (4.0% of NRA). The subleases collectively account for 88.9% of Meredith’s leased NRA, and all three subleases are coterminous with the Meredith lease expiration in December 2026. |
(19) | With respect to the 805 Third Avenue Loan Combination, the 805 Third Avenue Trust Subordinate Companion Loan ($125.0 million) will be held by the CGCMT 2019-C7 trust and will solely back the 805 Third Avenue-Specific Certificates (and will not be part of the pool of Mortgage Loans backing the Pooled Certificates). The Cut-off Date LTV Ratio (%), Debt Yield on Underwritten Net Operating Income ($) and Underwritten Net Cash Flow DSCR (x) based on the 805 Third Avenue Loan Combination as a whole are 59.8%, 6.6% and 1.50x, respectively. The Administrative Fee Rate (%) for the 805 Third Avenue Loan-Specific Certificates is equal to 0.00975%. |
(20) | The largest tenant, Meredith Corporation, has the option to terminate its lease effective January 31, 2024, upon 15 months' prior notice and payment of a termination fee. |
(21) | Provided no event of default has occurred and is continuing, at any time after the earlier to occur of (i) November 8, 2022 and (ii) the second anniversary of the closing date of the last securitization of a note comprising part of the 805 Third Avenue Loan Combination, the 805 Third Avenue Loan Combination may be defeased with certain government securities permitted under the 805 Third Avenue Loan Combination documents. Voluntary prepayment of the 805 Third Avenue Loan Combination is permitted on or after the due date in June 2029 without payment of any prepayment premium. |
(22) | The 199-203 East 4th Street Mortgaged Property has 500 SF of commercial space at the Mortgaged Property that generates $53,469 of rent annually. |
(23) | If on or prior to November 21, 2020 borrower has not delivered a letter to the lender that all municipal violations at the Mortgaged Property have been cured, then the borrower will be required to deposit 115% of estimated costs into a Code Violations Account. |
(24) | The largest tenant at the Mortgaged Property, Snowflake, subleases 100% of its space to Verkada, Verkada took occupancy in November 2019. |
(25) | The 405 E 4th Avenue Mortgaged Property has 15 residential units which generate $638,916 in rent annually. |
(26) | Provided no event of default has occurred and is continuing, at any time after the earlier to occur of (i) November 4, 2023 and (ii) the second anniversary of the closing date of the last securitization of a note comprising part of the 405 E 4th Avenue Loan Combination, the 405 E 4th Avenue Loan Combination may be defeased with certain direct full faith and credit obligations of the United States of America or other obligations which are “government securities” permitted under the 405 E 4th Avenue Loan Combination documents. Voluntary prepayment of the 405 E 4th Avenue Loan Combination is permitted on or after the due date in July 2029 without payment of any prepayment premium. |
(27) | The 405 E 4th Avenue Mortgaged Property is missing historical financials due to the property being built in 2019. |
(28) | The only tenant at the Mortgaged Property, Gartner, has the option to terminate its lease on the 15th anniversary of the rent commencement date, upon 12 months’ notice and payment of additional rent and fees. |
(29) | The Gartner Campus South Mortgaged Property is missing historical financials due to the property being built in 2018 and 2019. |
(30) | The Harvey Building Products Loan defeasance lockout period is required to be at least 25 payments beginning with and including the first payment date of December 6, 2019. Defeasance of the full $160.0 million Harvey Building Products Loan Combination is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) October 21, 2022 (collectively, the “Release Date”). The borrower is also permitted to prepay the Harvey Building Products Loan Combination in whole or in part at any time prior to the Release Date with the payment of the greater of (i) a yield maintenance premium and (ii) 4% of the amount prepaid. Additionally, the borrower is permitted to prepay the Harvey Building Products Loan Combination in whole or in part at any time on or after the Release Date with the payment of the greater of (i) a yield maintenance premium and (ii) 1% of the amount prepaid. Voluntary prepayment of the Harvey Building Products Loan is permitted on or after the due date occurring in June 2029 without payment of any prepayment premium or penalty. |
(31) | Pursuant to the lease between the borrower, as landlord, and Harvey Building Products, as tenant, the tenant is required to deliver a letter of credit to the borrower in the amount of $2,500,000 to secure the repayment of the work associated with certain repairs |
(32) | Due to the nature of the triple-net lease at the properties of the Harvey Building Products Loan Combination, there is missing historical information. |
(33) | At origination, the borrower deposited $300,000 into a seasonality reserve, and on each monthly payment date thereafter, the borrower is required to deposit into the seasonality reserve an amount equal to the lesser of (i) 25% of the seasonality reserve cap of $685,000 and (ii) the available excess cash flow, provided that on the monthly payment dates occurring in April, the borrower will be required to deposit the amount of any shortfall in the seasonality reserve cap. Amounts on deposit in the seasonality reserve may be applied during the months of July, August and December for approved operating expenses, debt service and reserve amounts. |
(34) | On each monthly payment date, the related borrower is required to deposit into an FF&E reserve account an amount equal to the greater of 1/12th of 5.0% of annual gross revenues and 1/12th of 5.0% of projected annual gross revenues. |
(35) | The Largest Tenant at the Mortgaged Property, Kroger, is on a ground lease with a lease expiration on December 31, 2032 and has 12 five-year renewal options. The Second Largest Tenant at the Mortgaged Property, Kohl's, is on a ground lease with a lease expiration on January 31, 2032, and has 10 five-year renewal options. |
(36) | The Austin Landing Mixed-Use lockout period will be at least 24 payment dates beginning with and including the first payment date of January 6, 2020. Defeasance is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) November 13, 2022. The assumed lockout period of 24 payments is based on the expected CGCMT 2019-C7 securitization closing date in December 2019. The actual lockout period may be longer. |
(37) | The Aston Center Mortgaged Property currently has a tenant, Together We Share, that pays $5,000 in rent but occupies 0 SF. |
(38) | Provided no event of default has occurred and is continuing, at any time after the earlier to occur of (i) November 19, 2022 and (ii) the second anniversary of the closing date of the last securitization of a note comprising part of the Giant Anchored Portfolio Loan Combination, the Giant Anchored Portfolio Loan Combination may be defeased with certain direct full faith and credit obligations of the United States of America or other obligations which are “government securities” permitted under the Giant Anchored Portfolio Loan Combination documents. Voluntary prepayment of the Giant Anchored Portfolio Loan Combination is permitted on or after the due date in September 2029 without payment of any prepayment premium. |
(39) | The Largest Tenant, Giant, at the Parkway Plaza Mortgaged Property, has the right to terminate the fuel station at the Parkway Plaza Mortgaged Property at any time with 30 days’ written notice and payment of a termination fee equal to two years of the then-current rent. |
(40) | The Largest tenant, at the Scott Town Center Mortgaged Property, Giant, is subject to a ground lease and owns all of its improvements. |
(41) | The Third Largest Tenant at the Scott Town Center Mortgaged Property, One Main Financial, has the right to terminate its lease effective July 31, 2021 by giving notice by January 31, 2021 and payment of termination fee in the amount of approximately $15,200 plus unamortized brokerage commission |
(42) | The 170-174 East 2nd Street Mortgaged Property has 1,500 SF of commercial space at the Mortgaged Property that generates $139,756 of rent annually. |
(43) | The increase from Most Recent NOI (if past 2018) ($) to Underwritten NOI ($) at the 23 Avenue A Mortgaged Property is primarily attributable to deposits being annualized for the property as well as the timing of commercial income payments, which commenced in September of 2019. |
(44) | The 23 Avenue A Mortgaged Property has 2,400 SF of commercial space at the Mortgaged Property that generates $150,000 of rent per month. |
(45) | The 49.5 First Ave Mortgaged Property has 1,400 SF of commercial space at the Mortgaged Property that generates $132,000 of rent per month. |
(46) | The Underwritten Net Operating Income ($) is over 10% higher than Most Recent Net Operating Income($). The increase during the trailing twelve month period is primarily due to (i) two recently constructed mortgaged properties totaling approximately $495,000 of underwritten Net Operating Income and (ii) higher occupancies at six of the Mortgaged Properties. |
(47) | The lockout period will be at least 25 payment dates beginning with and including the first payment date of December 6, 2019. Prepayment with the greater of yield maintenance or 1% of the unpaid principal balance of the Alrig Portfolio Loan Combination is permitted after the date that is the earlier to occur of (i) October 25, 2022 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 25 payments is based on the expected CGCMT 2019-C7 securitization closing date in December 2019. The actual lockout period may be longer. |
(48) | The Third Largest Tenant at the 7115 Orchard Lake Road Mortgaged Property, MVC MSO, LLC, is expected to commence paying rent in January 2020. The Third Largest Tenant at the 32270 Telegraph Road mortgaged property, Team Rehabilitation BF2, LLC, is expected to commence paying rent in December 2019. |
(49) | The Phase I environmental report recommended that a Phase II report be completed for the 21 East Long Lake Road Mortgaged Property to assess the potential impact of an adjoining non-collateral gas station. The Phase II investigation was completed and no further action is recommended at the 21 East Long Lake Mortgaged Property. Additionally,the Phase I environmental report recommended that a Phase II report be completed for the CGS Canton Mortgaged Property to assess the potential impact of a nearby former fire station. The Phase II investigation was completed and no further action is recommended at the CGS Canton mortgaged property. |
(50) | The lockout period will be at least 24 payment dates beginning with and including the first payment date of January 6, 2020. Defeasance of the $60.0 million original principal balance of the Park Central Tower Loan Combination is permitted after the date that is the earlier to occur of (i) November 7, 2022 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 24 payments is based on the expected CGCMT 2019-C7 securitization closing date in December 2019. The actual lockout period may be longer. |
(51) | The Largest Tenant, TBK Bank, SSB, subleases 26,199 SF from Alon USA Energy, the fifth Largest Tenant, which SF is included in TBK Bank, SSB's presented 78,597 SF. TBK Bank, SSB has signed a direct lease for the subleased space, which will commence in October 2023. |
(52) | The Underwritten Net Operating Income ($) is more than 10% higher than the Most Recent NOI (if past 2018) ($) primarily because of recent leasing and expired free rent, which ended at the beginning of 2019 at the Mortgaged Property. In addition, the Underwritten Net Operating Income includes $1,000,000 of annual income which is anticipated to be reimbursed to the borrower as Excess TIF Revenues in connection with the Cleveland-Cuyahoga County Port Authority $10,000,000 in business development revenue bonds. |
(53) | The lockout period will be at least 36 payment dates beginning with and including the first payment date of January 6, 2020. For the purposes of this preliminary prospectus, the assumed lockout period of 36 months is based on the expected CGCMT 2019-C7 securitization closing date in December 2019. The actual lockout period may be longer. |
(54) | On each Payment Due Date, the borrower is required to make deposits of $15,297.50 into the TI/LC account if the TI/LC account balance falls below $500,000. |
(55) | The Mortgaged Property includes 106,109 SF of retail space, 18,629 SF of restaurant space, and 18,245 SF of office space. |
(56) | At closing, the borrower, as landlord, entered into a master lease with the borrower sponsor, as tenant, of all units at the Mortgaged Property that are not, as of the closing of the Mortgage Loan, leased and occupied by a third-party tenant (the "Unoccupied Units"). As the lender receives reasonably satisfactory evidence that any Unoccupied Unit has become leased and occupied by a third-party tenant, such Unoccupied Unit will be released from the terms of the master lease. At closing, the lender reserved $3,500,000 (the "Economic Reserve"). Upon the lender's receipt of satisfactory evidence that the physical occupancy of the mortgaged property is at least 98%, and provided no event of default then exists under the mortgaged loan, the Economic Reserve will be released to the borrower. Fourteen units are currently being master leased. |
(57) | The Grand McCarren Mortgage Loan currently has $4,500,000 of mezzanine debt at a 10.50000% interest rate with a maturity date of December 6, 2029. |
(58) | The Underwritten Net Operating Income ($) is more than 10% higher than the Most Recent NOI (if past 2018) ($) primarily due to the recent leasing of the largest tenant, Kohl’s, (28.2% of net rentable area) at the Mortgaged Property. |
(59) | Historical operating statements from 2017 only include revenues from when the Mortgaged Property had not yet been completed. The Mortgaged Property was fully completed in 2018. |
(60) | The Ongoing TI/LC Reserve ($) for the related Mortgage Loan will be reduced as of July 1, 2023 to $8,394.38 if (i) SunTrust Bank has irrevocably waived in writing, or failed to timely exercise, its termination right such that the termination option is null and void and can no longer be exercised by SunTrust Bank, and (ii) as of that date, SunTrust Bank continues to occupy the entirety of the SunTrust Bank branch space and the entirety of the SunTrust Bank office space. |
(61) | The Largest Tenant, SunTrust Bank, has the right to terminate the office lease at the end of the 10th lease year (June 2024) by providing a 12-month prior written notice and paying a termination fee of $458,000. |
(62) | The Second Largest Tenant, Pappas Properties, LLC, has the right to terminate its lease any time after 10/1/2021 by paying an early termination fee equal to the unamortized cost of the improvement allowance. |
(63) | The Largest Tenant, Comcast, has a one-time option to terminate on January 31, 2025 so as long as they give notice to the landlord by January 31, 2024 and give payment equal to unamortized TI/LC at 8% plus $250,000 with sales tax termination fee. |
(64) | The Underwritten Net Operating Income ($) is over 10% higher than Most Recent Net Operating Income ($). The increase in Underwritten Net Operating Income over the trailing twelve month period is primarily driven by (i) burn off of free rent periods for two tenants totaling approximately $113,000, (ii) two tenants extending their leases which resulted in higher rents totaling approximately $30,000 and (iii) one newly signed lease totaling $22,400 |
(65) | The borrower will deposit $45,000 into an Immediate Repair Account on October 25, 2020 unless the carpet replacement immediate repair item has been completed in a good and workmanlike manner. |
(66) | Commencing on November 6, 2027 and continuing thereafter, the borrower is required to deposit a monthly environmental insurance deposit of $771.56. |
(67) | The Mortgaged Property's Appraised Value ($) represents the "as is extraordinary assumption" appraised value as of October 2, 2019, which assumes that funds for the capital expenditures have been fully escrowed and will be available to fund the proposed capital improvements following the sale of the Mortgaged Property to the borrower. The borrower deposited $1,000,000 into a PIP reserve. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity/ARD (%) are calculated based on the Mortgaged Property's Appraised Value ($) of $28,200,000. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity/ARD (%) based on the “as-is” appraised value of $26,400,000, which excludes the completion of the PIP, are 65.0% and 52.1%, respectively. |
(68) | The Hawks Landing Apartments Appraised Value represents the "as stabilized value" of $22,650,000. The Mortgaged Property was built in phases in 2018 and 2019. At the time of inspection, five of the six buildings were completed, however, the Mortgaged Property was 96% leased. Following the appraiser's site inspection, a certificate of occupancy for the final building and an updated rent roll were received. Per the rent roll, the Mortgaged Property is approximately 96% leased and 91% occupied. The final building is complete, fully leased and residents are moving in on a rolling basis. For all practical purposes, the Mortgaged Property is considered complete and stabilized by the appraiser. |
(69) | The Largest Tenant at the Brecksville Mortgaged Property, Russell Realty, has an ongoing right to terminate its lease with 120 days’ notice and payment of a termination fee equal to unamortized TI/LCs. |
(70) | The Underwritten Net Operating Income ($) is more than 10% higher than the Most Recent NOI (if past 2018) ($) primarily due to the recent leasing of the fourth largest tenant, Ollies Discount Bargain Outlet, (10.6% of net rentable area) at the Mortgaged Property. |
(71) | The Mortgage Loan is structured with ongoing TI/LC collections of $25,315 per month ($1.15/SF) through November 2023. Following the payment date in November 2023, the borrower is required to deposit $22,013 per month ($1.00/SF) into the TI/LC reserve. |
(72) | The TownePlace Suites Weston Appraised Value represents the "hypothetical as-is" value, which assumes that the scheduled property improvement plan ("PIP") at a cost of approximately $1,230,375 has been completed as of October 1, 2019. At origination, the borrower deposited approximately $1,253,206 for the scheduled PIP. |
(73) | Kenne OPS, LLC operates as the operating lessee and is a co-borrower. |
(74) | The Largest Tenant, Minnesota State Colleges and Universities,A has an ongoing right to terminate its lease in the event that Minnesota State Colleges and Universities relocates to a state- or Minnesota State Colleges and Universities-owned facility. The Second Largest Tenant, AgriBank, may surrender 5,000 to 8,000 SF between November 2021 and December 2023 with nine months’ notice. |
(75) | The borrowers deposited $4,000,000 for future tenant improvements and leasing commissions. Ongoing deposits into the TI/LC Reserve will be required in the amount of $80,807 per month commencing once the balance of the TI/LC Reserve is less than $1,000,000. Notwithstanding the foregoing, provided that no event of default then exists, monthly deposits into the TI/LC Reserve will be suspended at any time that the balance of the reserve is at least $3,000,000; provided, however, if a Major Tenant Trigger Event Period (as defined in the loan documents) then exists, the cap will be increased to $5,500,000 (or $6,500,000 if the NOI debt yield is less than 8.5%), and upon a cure of the Major Tenant Trigger Event Period, the cap will be reduced back to $3,000,000 and funds on deposit in the TI/LC Reserve in excess of $3,000,000 will be disbursed to the borrowers. |
(76) | At origination, the borrower deposited $20,000 into the seasonality reserve. The borrower is required to deposit $11,000 each month from May to November to fund any shortfall during the months of December through February. |
(77) | On each monthly payment date, the related borrower is required to deposit into an FF&E reserve account an amount equal to the greater of 1/12th of 4.0% of annual gross revenues and 1/12th of 4.0% of projected annual gross revenues. |
(78) | The Appraised Value ($) represents the as-complete value assuming completion of the PIP. At origination, $1,105,000 was reserved with respect to outstanding PIP obligations. The “as-is” appraised value is $14,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity calculated based on the “as-is” appraised value are 69.6% and 56.8%, respectively. |
(79) | The Underwritten Net Operating Income ($) is more than 10% higher than the Most Recent NOI (if past 2018) ($) primarily due to recent leasing at the Mortgaged Property. |
(80) | The largest tenant, Freightcenter Inc., has the option to terminate its lease effective in March 2021 with nine months’ notice and payment of a termination fee. At origination, the borrower reserved $1,000,000 which will be released to the borrower if the tenant does not exercise its option or when the space is re-leased in accordance with the Mortgage Loan documents. |
(81) | Historical operating statements were not available prior to 2018 as the Mortgaged Property was recently acquired. |
(82) | On each Payment Due Date, the borrower is required to make deposits of $3,500 into the replacement reserve account if the replacement reserve account balance falls below $500,000. |
(83) | Underwritten Net Operating Income ($) increased more than 10% compared to Most Recent NOI Date (if past 2018) because the Mortgaged Property was underwritten based on the rent roll dated October 31, 2019 with occupancy of 94%, compared to T12 September 30, 2019 occupancy of 85%. |
(84) | The Mortgaged Property's Appraised Value ($) represents the "as complete" appraised value as of October 1, 2020, which assumes the completion of a change-of-ownership PIP. At loan closing, the borrower deposited $2,097,737 into a PIP reserve, which is 110% of the estimated cost to complete the PIP. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity (%) are calculated based on the Mortgaged Property's Appraised Value ($) of $8,900,000. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity (%) based on the “as-is” appraised value of $6,500,000, which excludes the completion of the PIP, are 86.2% and 71.9%, respectively. |
(85) | The Underwritten Net Operating Income ($) is over 10% higher than Most Recent Net Operating Income ($). The Mortgaged Property was previously securitized in WBCMT 2007-C30. The Mortgaged Property's largest tenant filed for bankruptcy and indicated that it would not be renewing its lease at the Mortgaged Property upon its lease expiration in December 2017. The tenant accounted for approximately 50% of the Mortgaged Property's NRA. Due to the significant known future vacancy at the Mortgaged Property, the former borrower was unable to refinance the loan and the loan transferred into special servicing in March 2017 for maturity default. Following the transfer to special servicing, and with the loss of the aforementioned tenant along with one other tenant that had occupied 10% NRA, the Mortgaged Property's occupancy dropped to 38%. The Mortgaged Property was foreclosed upon in October 2017. The vacancy explains the poor operating performance in 2018 and the trailing 12 months ending September 30, 2019. Since acquiring the Mortgaged Property in November 2018, the borrower sponsors secured two leases accounting for approximately 62% of the Mortgaged Property's NRA and increased occupancy at the Mortgaged Property to 97.5%. |
(86) | The Largest Tenant, Piedmont Health Services, Inc., signed a lease with a commencement date of July 1, 2019. Piedmont Health Services, Inc. has not yet taken full possession of the space, however it is anticipated that it will do so in December. The Fifth Largest Tenant, Jenzabar, Inc., is in a free rent period through January 2020. |