FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-257737-04 | ||
BBCMS 2022-C16 Disclaimer STATEMENT REGARDING THIS FREE WRITING PROSPECTUS The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-257737) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-888-603-5847 (8 a.m. – 5 p.m. EST). Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time. STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of Barclays Capital Inc., SG Americas Securities, LLC, UBS Securities LLC, Natixis Securities Americas LLC, Academy Securities, Inc. or Mischler Financial Group, Inc. or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us. This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement. IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES The information herein is preliminary and may be supplemented or amended prior to the time of sale. In addition, the Offered Certificates referred to in these materials and the asset pool backing them are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined, or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a "when, as and if issued" basis. The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials. The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale. IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS Any legends, disclaimers or other notices that may appear at the bottom of any 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) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.
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ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | % of Initial Pool Balance | % of Loan Balance | Mortgage Loan Originator | Mortgage Loan Seller | Related Group | Crossed Group | Address | City | County | State | Zip Code |
1 | 25 | ||||||||||||||
1 | Loan | 6, 10,12 | 5 | Houston Multifamily Portfolio | 7.0% | SGFC | SGFC | NAP | NAP | Various | Houston | Harris | TX | Various | |
1.01 | Property | 1 | Providence at Memorial | 2.1% | 29.6% | 1370 Afton Street | Houston | Harris | TX | 77055 | |||||
1.02 | Property | 1 | Diamond Hill | 1.4% | 20.1% | 9411 Westheimer Road | Houston | Harris | TX | 77063 | |||||
1.03 | Property | 1 | Casa Del Mar | 1.4% | 19.6% | 2431 FM 1960 West | Houston | Harris | TX | 77068 | |||||
1.04 | Property | 1 | Sedona Pointe | 1.2% | 17.7% | 311 Highland Cross Drive | Houston | Harris | TX | 77073 | |||||
1.05 | Property | 1 | Buena Vista | 0.9% | 13.0% | 2402 Bammelwood Drive | Houston | Harris | TX | 77014 | |||||
2 | Loan | 1, 2, 3, 6, 12, 13, 14, 19 | 2 | Yorkshire & Lexington Towers | 6.0% | SMC, BMO, CREFI | SMC | NAP | NAP | Various | New York | New York | NY | Various | |
2.01 | Property | 1 | Yorkshire Towers | 5.2% | 86.1% | 305 East 86th Street | New York | New York | NY | 10028 | |||||
2.02 | Property | 1 | Lexington Towers | 0.8% | 13.9% | 160 East 88th Street | New York | New York | NY | 10128 | |||||
3 | Loan | 10, 13, 19, 21, 24 | 1 | 1888 Century Park East | 6.0% | 100.0% | Barclays | Barclays | NAP | NAP | 1888 Century Park East | Los Angeles | Los Angeles | CA | 90067 |
4 | Loan | 12, 15, 16, 19, 24 | 1 | 3075 Olcott | 6.0% | 100.0% | UBS AG | UBS AG | NAP | NAP | 3075 Olcott Street | Santa Clara | Santa Clara | CA | 95054 |
5 | Loan | 12, 16, 24 | 1 | 70 Hudson Street | 4.4% | 100.0% | Natixis | Natixis | NAP | NAP | 70 Hudson Street | Jersey City | Hudson | NJ | 07302 |
6 | Loan | 1, 6, 10, 12, 16, 30 | 34 | ExchangeRight Net Leased Portfolio #55 | 3.8% | CREFI, BCREI | Barclays | NAP | NAP | Various | Various | Various | Various | Various | |
6.01 | Property | 1 | Walmart Neighborhood Market - Prairieville (Airline), LA | 0.4% | 9.6% | 15047 Airline Highway | Prairieville | Ascension | LA | 70769 | |||||
6.02 | Property | 1 | Pick N Save - Sun Prairie (Main), WI | 0.4% | 9.3% | 640 East Main Street | Sun Prairie | Dane | WI | 53590 | |||||
6.03 | Property | 1 | Schnucks - Love's Park (Harlem), IL | 0.3% | 8.8% | 1810 Harlem Road | Loves Park | Winnebago | IL | 61111 | |||||
6.04 | Property | 1 | Walmart Neighborhood Market - Thibodaux (Main), LA | 0.3% | 8.6% | 224 West Main Street | Thibodaux | Terrebonne | LA | 70301 | |||||
6.05 | Property | 1 | Walmart Neighborhood Market - Houma (Park), LA | 0.3% | 8.3% | 6411 West Park Avenue | Houma | Terrebonne | LA | 70364 | |||||
6.06 | Property | 1 | Publix - Decatur (Point), AL | 0.2% | 5.8% | 2934 Point Mallard Parkway Southeast | Decatur | Morgan | AL | 35603 | |||||
6.07 | Property | 1 | PNC Bank - Clarendon Hills (Holmes), IL | 0.2% | 5.0% | 300 Holmes Avenue | Clarendon Hills | DuPage | IL | 60514 | |||||
6.08 | Property | 1 | Walmart Neighborhood Market - New Iberia (Parkview), LA | 0.2% | 4.7% | 1201 Parkview Drive | New Iberia | Iberia | LA | 70563 | |||||
6.09 | Property | 1 | Walmart Neighborhood Market - Opelousas (Union), LA | 0.2% | 4.3% | 2310 South Union Street | Opelousas | Saint Landry | LA | 70570 | |||||
6.10 | Property | 1 | Walmart Neighborhood Market - Meraux (Archbishop), LA | 0.2% | 4.2% | 2500 Archbishop Philip M. Hannan Boulevard | Meraux | Saint Bernard | LA | 70075 | |||||
6.11 | Property | 1 | CVS Pharmacy - Auburn (Opelika), AL | 0.1% | 3.6% | 1498 Opelika Road | Auburn | Lee | AL | 36830 | |||||
6.12 | Property | 1 | Huntington Bank- Clarksburg (Pike), WV | 0.1% | 2.5% | 230 West Pike Street | Clarksburg | Harrison | WV | 26301 | |||||
6.13 | Property | 1 | CVS Pharmacy - Grand Rapids (Fuller), MI | 0.1% | 2.0% | 1155 Fuller Avenue Northeast | Grand Rapids | Kent | MI | 49503 | |||||
6.14 | Property | 1 | O'Reilly Auto Parts - Madison (Commerce), WI | 0.1% | 1.8% | 416 Commerce Drive | Madison | Dane | WI | 53719 | |||||
6.15 | Property | 1 | U.S. Bank - Northlake (North), IL | 0.1% | 1.7% | 26 North Avenue | Northlake | Cook | IL | 60164 | |||||
6.16 | Property | 1 | CVS - Tullahoma (Jackson), TN | 0.1% | 1.6% | 1351 North Jackson Street | Tullahoma | Coffee | TN | 37388 | |||||
6.17 | Property | 1 | 7-Eleven- La Grange (Ogden), IL | 0.1% | 1.5% | 9600 East Ogden Avenue | La Grange | Cook | IL | 60525 | |||||
6.18 | Property | 1 | U.S. Bank - Elk Grove Village (Devon), IL | 0.1% | 1.4% | 1100 West Devon Avenue | Elk Grove Village | Cook | IL | 60007 | |||||
6.19 | Property | 1 | Sherwin Williams - Marysville (Fifth), OH | 0.1% | 1.3% | 702 East 5th Street | Marysville | Union | OH | 43040 | |||||
6.20 | Property | 1 | O'Reilly - Owensboro (Bold Forbes), KY | 0.1% | 1.3% | 3200 Bold Forbes Way | Owensboro | Daviess | KY | 42303 | |||||
6.21 | Property | 1 | PNC Bank - Aurora (Galena), IL | 0.0% | 1.3% | 1977 West Galena Boulevard | Aurora | Kane | IL | 60506 | |||||
6.22 | Property | 1 | NAPA Auto Parts - Downers Grove (Ogden), IL | 0.0% | 1.2% | 901 Ogden Avenue | Downers Grove | DuPage | IL | 60515 | |||||
6.23 | Property | 1 | Family Dollar - Cuyahoga Falls (Bailey), OH | 0.0% | 1.1% | 1841 Bailey Road | Cuyahoga Falls | Summit | OH | 44221 | |||||
6.24 | Property | 1 | Dollar General - Lewiston (Sabattus), ME | 0.0% | 1.1% | 1079 Sabattus Street | Lewiston | Androscoggin | ME | 04240 | |||||
6.25 | Property | 1 | U.S. Bank - Niles (Dempster), IL | 0.0% | 1.0% | 8500 West Dempster Street | Niles | Cook | IL | 60714 | |||||
6.26 | Property | 1 | Dollar Tree - Des Plaines (Rand), IL | 0.0% | 1.0% | 1507 Rand Road | Des Plaines | Cook | IL | 60016 | |||||
6.27 | Property | 1 | Dollar General - Odessa (University), TX | 0.0% | 0.9% | 10521 West University Boulevard | Odessa | Ector | TX | 79764 | |||||
6.28 | Property | 1 | Dollar General - Weber City, (Hwy 23), VA | 0.0% | 0.9% | 2000 Main Street | Weber City | Scott | VA | 24290 | |||||
6.29 | Property | 1 | Dollar General- Springtown (Highway), TX | 0.0% | 0.8% | 4405 East Highway 199 | Springtown | Parker | TX | 76082 | |||||
6.30 | Property | 1 | Sherwin Williams - Champaign (Marketview), IL | 0.0% | 0.8% | 702 West Marketview Drive | Champaign | Champaign | IL | 61822 | |||||
6.31 | Property | 1 | Dollar General - Holly (Saginaw), MI | 0.0% | 0.7% | 514 North Saginaw Street | Holly | Oakland | MI | 48442 | |||||
6.32 | Property | 1 | Dollar General - Dyer (Sheffield), IN | 0.0% | 0.7% | 1620 Sheffield Avenue | Dyer | Lake | IN | 46311 | |||||
6.33 | Property | 1 | Dollar General - Lubbock (University), TX | 0.0% | 0.7% | 9604 University Avenue | Lubbock | Lubbock | TX | 79423 | |||||
6.34 | Property | 1 | Citizens Bank - Wilmington (Marsh), DE | 0.0% | 0.6% | 1620 Marsh Road | Wilmington | New Castle | DE | 19803 | |||||
7 | Loan | 1, 12, 13, 15, 19, 27, 30 | 1 | Bell Works | 3.7% | 100.0% | CREFI, BMO, BCREI | Barclays | NAP | NAP | 101 Crawfords Corner Road | Holmdel | Monmouth | NJ | 07733 |
8 | Loan | 1, 5, 6, 12, 13, 19, 29 | 17 | ILPT Logistics Portfolio | 3.7% | UBS AG, CREFI, BANA, BMO, and MSBNA | UBS AG | NAP | NAP | Various | Various | Various | Various | Various | |
8.01 | Property | 1 | 4000 Principio Parkway | 0.5% | 12.3% | 4000 Principio Parkway East | North East | Cecil | MD | 21901 | |||||
8.02 | Property | 1 | 2020 Joe B. Jackson Parkway | 0.4% | 11.1% | 2020 Joe B. Jackson Parkway | Murfreesboro | Rutherford | TN | 37127 | |||||
8.03 | Property | 1 | 1901 Meadowville Technology Parkway | 0.4% | 10.7% | 1901 Meadowville Technology Parkway | Chester | Chesterfield | VA | 23836 | |||||
8.04 | Property | 1 | 52 Pettengill Road | 0.4% | 10.4% | 52 Pettengill Road | Londonderry | Rockingham | NH | 03053 | |||||
8.05 | Property | 1 | 510 John Dodd Road | 0.4% | 10.3% | 510 John Dodd Road | Spartanburg | Spartanburg | SC | 29303 | |||||
8.06 | Property | 1 | 309 Dulty's Lane | 0.3% | 9.2% | 309 Dulty's Lane | Burlington | Burlington | NJ | 08016 | |||||
8.07 | Property | 1 | 5300 Centerpoint Parkway | 0.2% | 5.3% | 5300 Centerpoint Parkway | Groveport | Franklin | OH | 43125 | |||||
8.08 | Property | 1 | 17001 West Mercury Street | 0.2% | 4.7% | 17001 Mercury Street | Gardner | Johnson | KS | 66030 | |||||
8.09 | Property | 1 | 725 Darlington Avenue | 0.2% | 4.3% | 725 Darlington Avenue | Mahwah | Bergen | NJ | 07430 | |||||
8.10 | Property | 1 | 10100 89th Avenue N | 0.1% | 3.7% | 10100 89th Avenue North | Maple Grove | Hennepin | MN | 55369 | |||||
8.11 | Property | 1 | 7303 Rickenbacker Parkway West | 0.1% | 3.1% | 7303 Rickenbacker Parkway West | Columbus | Franklin | OH | 43217 | |||||
8.12 | Property | 1 | 4836 Hickory Hill Road | 0.1% | 3.0% | 4836 Hickory Hill Road | Memphis | Shelby | TN | 38141 | |||||
8.13 | Property | 1 | 7000 West Post Road | 0.1% | 2.8% | 7000 West Post Road | Las Vegas | Clark | NV | 89113 | |||||
8.14 | Property | 1 | 3201 Bearing Drive | 0.1% | 2.8% | 3201 Bearing Drive | Franklin | Johnson | IN | 46131 | |||||
8.15 | Property | 1 | 900 Commerce Parkway West Drive | 0.1% | 2.4% | 900 Commerce Parkway West Drive | Greenwood | Johnson | IN | 46143 | |||||
8.16 | Property | 1 | 6825 West County Road 400 North | 0.1% | 2.3% | 6825 West County Road 400 North | Greenfield | Hancock | IN | 46140 | |||||
8.17 | Property | 1 | 951 Trails Road | 0.1% | 1.6% | 951 Trails Road | Eldridge | Scott | IA | 52748 | |||||
9 | Loan | 6, 12, 13, 15, 19, 20, 24, 28 | 5 | Phoenix Industrial Portfolio VIII | 3.2% | UBS AG | UBS AG | NAP | NAP | Various | Various | Various | Various | Various | |
9.01 | Property | 1 | West Mifflin, PA | 1.1% | 35.1% | 1200 Lebanon Road | West Mifflin | Allegheny | PA | 15122 | |||||
9.02 | Property | 1 | Church Hill, TN | 0.8% | 26.3% | 121 Kingsport Press Lane | Church Hill | Hawkins | TN | 37642 | |||||
9.03 | Property | 1 | Mossville, IL | 0.6% | 18.0% | 2314 East Wilkens Drive | Mossville | Peoria | IL | 61523 | |||||
9.04 | Property | 1 | Eldon, MO | 0.5% | 15.1% | 1401 East North Street | Eldon | Miller | MO | 65026 | |||||
9.05 | Property | 1 | Kingsport, TN | 0.2% | 5.5% | 2497 Sherwood Road | Kingsport | Hawkins | TN | 37664 | |||||
10 | Loan | 2, 4, 6, 16 | 8 | BVG Portfolio III | 3.1% | SMC | SMC | NAP | NAP | Various | Various | Various | Various | Various | |
10.01 | Property | 1 | Trinidad RV & Emerald Forest RV & Campground | 0.8% | 25.3% | 51 Midway Drive and 753 Patrick Point Drive | Trinidad | Humboldt | CA | 95570 | |||||
10.02 | Property | 1 | Hacienda RV Resort | 0.6% | 18.7% | 740 Stern Drive | Las Cruces | Dona Ana | NM | 88005 | |||||
10.03 | Property | 1 | Gardena MHC & Apts | 0.5% | 15.6% | 13801 South Vermont Avenue | Gardena | Los Angeles | CA | 90247 | |||||
10.04 | Property | 1 | Fairmont MHC | 0.4% | 11.8% | 1465 Remount Road, 1482 Sumner Avenue and 1116 Berkeley Street | North Charleston | Charleston and Berkeley | SC | 29406 | |||||
10.05 | Property | 1 | Gansett MHC | 0.3% | 9.4% | 40 Taylor Drive | Rumford | Providence | RI | 02916 | |||||
10.06 | Property | 1 | Elsinore Hills RV Park | 0.3% | 8.5% | 18860 Dexter Avenue | Lake Elsinore | Riverside | CA | 92532 | |||||
10.07 | Property | 1 | Flying A MHC | 0.2% | 6.3% | 165 South Main Street | Red Bluff | Tehama | CA | 96080 | |||||
10.08 | Property | 1 | Golden Arrow MHC | 0.1% | 4.4% | 10838 Vernon Avenue | Ontario | San Bernardino | CA | 91762 | |||||
11 | Loan | 15, 19 | 1 | Perry Hall Centre and Perry Hall Square | 2.8% | 100.0% | Barclays | Barclays | NAP | NAP | 8905 Belair Road | Perry Hall | Baltimore | MD | 21236 |
12 | Loan | 9, 10, 12, 16, 17, 19, 27, 32 | 1 | The Shoppes at Eagle Point | 2.8% | 100.0% | BSPRT | BSPRT | NAP | NAP | 1265 Interstate Drive | Cookeville | Putnam | TN | 38501 |
13 | Loan | 11, 16 | 1 | Village at Mitchell Ranch | 2.6% | 100.0% | BSPRT | BSPRT | NAP | NAP | 3139 Little Road | New Port Richey | Pasco | FL | 34655 |
14 | Loan | 1, 6, 12, 19 | 14 | Twin Spans Business Park and Delaware River Industrial Park | 2.6% | Barclays, CREFI | Barclays | NAP | NAP | Various | New Castle | New Castle | DE | 19804 | |
14.01 | Property | 1 | 350 Anchor Mill Road | 0.5% | 18.7% | 350 Anchor Mill Road | New Castle | New Castle | DE | 19804 |
A-1-2 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | % of Initial Pool Balance | % of Loan Balance | Mortgage Loan Originator | Mortgage Loan Seller | Related Group | Crossed Group | Address | City | County | State | Zip Code |
1 | 25 | ||||||||||||||
14.02 | Property | 1 | 301 Anchor Mill Road | 0.3% | 13.4% | 301 Anchor Mill Road | New Castle | New Castle | DE | 19804 | |||||
14.03 | Property | 1 | 400 Ships Landing Way | 0.3% | 11.2% | 400 Ships Landing Way | New Castle | New Castle | DE | 19804 | |||||
14.04 | Property | 1 | 800 Ships Landing Way | 0.3% | 10.4% | 800 Ships Landing Way | New Castle | New Castle | DE | 19804 | |||||
14.05 | Property | 1 | 6 Dockview | 0.2% | 9.3% | 6 Dock View Drive | New Castle | New Castle | DE | 19804 | |||||
14.06 | Property | 1 | 501 Ships Landing Way | 0.2% | 7.0% | 501 Ships Landing Way | New Castle | New Castle | DE | 19804 | |||||
14.07 | Property | 1 | 250 Anchor Mill Road | 0.1% | 5.6% | 250 Anchor Mill Road | New Castle | New Castle | DE | 19804 | |||||
14.08 | Property | 1 | 10 Dockview Drive | 0.1% | 4.6% | 10 Dock View Drive | New Castle | New Castle | DE | 19804 | |||||
14.09 | Property | 1 | 7 - 23 Harborview Drive | 0.1% | 4.2% | 7-23 Harbor View Drive | New Castle | New Castle | DE | 19804 | |||||
14.10 | Property | 1 | 200 Anchor Mill Road | 0.1% | 4.1% | 200 Anchor Mill Road | New Castle | New Castle | DE | 19804 | |||||
14.11 | Property | 1 | 300 Anchor Mill Road | 0.1% | 3.9% | 300 Anchor Mill Road | New Castle | New Castle | DE | 19804 | |||||
14.12 | Property | 1 | 27 - 55 Harborview Drive | 0.1% | 3.7% | 27-55 Harbor View Drive | New Castle | New Castle | DE | 19804 | |||||
14.13 | Property | 1 | 100 Ships Landing | 0.1% | 2.2% | 100 Ships Landing Way | New Castle | New Castle | DE | 19804 | |||||
14.14 | Property | 1 | 600 Ships Landing Way | 0.0% | 1.8% | 600 Ships Landing Way | New Castle | New Castle | DE | 19804 | |||||
15 | Loan | 6, 12 | 6 | Stockton Self Storage Portfolio | 2.3% | SMC | SMC | NAP | NAP | Various | Various | Various | CA | Various | |
15.01 | Property | 1 | Airport Road Self Storage | 0.8% | 36.7% | 1604 Airport Road | Rio Vista | Solano | CA | 94571 | |||||
15.02 | Property | 1 | Morada Self Storage | 0.4% | 19.5% | 10200 North State Route 99 East Frontage Road | Stockton | San Joaquin | CA | 95212 | |||||
15.03 | Property | 1 | Highway 88 Self Storage | 0.3% | 13.1% | 12941 Blossom Court | Lockeford | San Joaquin | CA | 95237 | |||||
15.04 | Property | 1 | Beckman Road Industrial | 0.3% | 12.8% | 850 Thurman Street a/k/a 500 South Beckman Road | Lodi | San Joaquin | CA | 95240 | |||||
15.05 | Property | 1 | Highway 99 Self Storage | 0.2% | 10.8% | 935 Simmerhorn Road | Galt | Sacramento | CA | 95632 | |||||
15.06 | Property | 1 | Eight Mile Road Self Storage | 0.2% | 7.2% | 10910 North Highway 99 | Lodi | San Joaquin | CA | 95240 | |||||
16 | Loan | 6, 7 | 2 | Deerfield and Courtyard Apartments | 2.2% | SMC | SMC | NAP | NAP | Various | Various | Harris | TX | Various | |
16.01 | Property | 1 | Deerfield Apartments | 1.1% | 51.9% | 10001 Club Creek Drive | Houston | Harris | TX | 77036 | |||||
16.02 | Property | 1 | Courtyard Apartments | 1.1% | 48.1% | 402 Garner Road | Pasadena | Harris | TX | 77502 | |||||
17 | Loan | 6, 10 | 3 | ABC Mini Storage Portfolio | 2.1% | SGFC | SGFC | NAP | NAP | Various | Various | Spokane | WA | Various | |
17.01 | Property | 1 | ABC Mini Storage - West | 0.9% | 41.2% | 7726 West Highway 2 | Spokane | Spokane | WA | 99224 | |||||
17.02 | Property | 1 | ABC Mini Storage - Valley | 0.7% | 35.3% | 11506 East Indiana Road | Spokane Valley | Spokane | WA | 99206 | |||||
17.03 | Property | 1 | ABC Mini Storage - North | 0.5% | 23.6% | 11122 North Newport Highway | Spokane | Spokane | WA | 99218 | |||||
18 | Loan | 20, 23 | 1 | Sawmill Plaza | 1.8% | 100.0% | LMF | LMF | NAP | NAP | 2643 Sawmill Place Boulevard | Columbus | Franklin | OH | 43235 |
19 | Loan | 10, 13, 19, 20 | 1 | 4S Ranch Village Center | 1.7% | 100.0% | SGFC | SGFC | NAP | NAP | 16611-16629 Dove Canyon Road | San Diego | San Diego | CA | 92127 |
20 | Loan | 1, 6, 19, 23 | 2 | The Summit | 1.6% | Barclays, GSBI | Barclays | NAP | NAP | Various | Bellevue | King | WA | 98004 | |
20.01 | Property | 1 | Summit 1, 2 | 0.9% | 55.8% | 355 110th Avenue Northeast & 10885 Northeast 4th Street | Bellevue | King | WA | 98004 | |||||
20.02 | Property | 1 | Summit 3 | 0.7% | 44.2% | 320 108th Avenue Northeast | Bellevue | King | WA | 98004 | |||||
21 | Loan | 10, 19, 20 | 1 | Hamilton Commons | 1.6% | 100.0% | SGFC | SGFC | NAP | NAP | 190 Hamilton Commons | Mays Landing | Atlantic | NJ | 08330 |
22 | Loan | 15, 19 | 1 | Church Ranch Corporate Center | 1.5% | 100.0% | Barclays | Barclays | NAP | NAP | 10170 Church Ranch Way | Westminster | Jefferson | CO | 80021 |
23 | Loan | 6, 12, 19 | 2 | Oak Ridge Office Park | 1.5% | Natixis | Natixis | NAP | NAP | Various | Oak Ridge | Anderson | TN | 37830 | |
23.01 | Property | 1 | Oak Ridge Technical Center | 1.1% | 72.8% | 1009, 1055, 1060, 1087, 1093, 1099 Commerce Park Drive | Oak Ridge | Anderson | TN | 37830 | |||||
23.02 | Property | 1 | Oak Ridge Corporate Center | 0.4% | 27.2% | 151 Lafayette Drive | Oak Ridge | Anderson | TN | 37830 | |||||
24 | Loan | 2, 13, 19, 20, 23 | 1 | Kalamazoo Distribution Center | 1.4% | 100.0% | SGFC | SGFC | NAP | NAP | 6677-6805 Beatrice Drive | Kalamazoo | Kalamazoo | MI | 49009 |
25 | Loan | 6 | 2 | Corpus Christi Portfolio | 1.3% | Barclays | Barclays | NAP | NAP | Various | Corpus Christi | Nueces | TX | 78411 | |
25.01 | Property | 1 | The Staybridge Suites | 0.7% | 54.5% | 5201 Oakhurst Drive | Corpus Christi | Nueces | TX | 78411 | |||||
25.02 | Property | 1 | The Holiday Inn Express & Suites | 0.6% | 45.5% | 5213 Oakhurst Drive | Corpus Christi | Nueces | TX | 78411 | |||||
26 | Loan | 15, 19 | 1 | Rosedale & Soundview | 1.2% | 100.0% | UBS AG | UBS AG | NAP | NAP | 829-849 Soundview Avenue and 831 Rosedale Avenue | Bronx | Bronx | NY | 10473 |
27 | Loan | 15 | 1 | Panther Lake Shopping Center | 1.2% | 100.0% | Barclays | Barclays | NAP | NAP | 20500-20632 108th Avenue Southeast | Kent | King | WA | 98031 |
28 | Loan | 1 | Biotrial Medical Center | 1.2% | 100.0% | LMF | LMF | NAP | NAP | 99-117 Newark Street | Newark | Essex | NJ | 07103 | |
29 | Loan | 1, 6, 12, 15, 19, 20, 23 | 6 | Moonwater Office Portfolio | 1.2% | Barclays, CREFI | Barclays | NAP | NAP | Various | Las Vegas | Clark | NV | Various | |
29.01 | Property | 1 | 6543 Las Vegas Boulevard South | 0.5% | 39.3% | 6543 South Las Vegas Boulevard | Las Vegas | Clark | NV | 89119 | |||||
29.02 | Property | 1 | 6226 West Sahara Avenue | 0.3% | 23.8% | 6226 West Sahara Avenue | Las Vegas | Clark | NV | 89146 | |||||
29.03 | Property | 1 | 10190 Covington Cross Drive | 0.1% | 11.5% | 10190 Covington Cross Drive | Las Vegas | Clark | NV | 89144 | |||||
29.04 | Property | 1 | 1450 Center Crossing Road | 0.1% | 11.4% | 1450 Center Crossing Road | Las Vegas | Clark | NV | 89144 | |||||
29.05 | Property | 1 | 6551 Las Vegas Boulevard South | 0.1% | 8.0% | 6551 South Las Vegas Boulevard | Las Vegas | Clark | NV | 89119 | |||||
29.06 | Property | 1 | 9901-9921 Covington Cross Drive | 0.1% | 6.0% | 9901-9921 Covington Cross Drive | Las Vegas | Clark | NV | 89144 | |||||
30 | Loan | 15, 19 | 1 | Magnolia Square | 1.2% | 100.0% | Barclays | Barclays | NAP | NAP | 1729-1755 Martin Luther King Junior Boulevard | Houma | Terrebonne | LA | 70360 |
31 | Loan | 15, 19, 28 | 1 | Nona Commons | 1.1% | 100.0% | UBS AG | UBS AG | NAP | NAP | 10727 & 10743 Narcoossee Road | Orlando | Orange | FL | 32832 |
32 | Loan | 16, 19 | 1 | Walgreens - St Paul | 1.0% | 100.0% | Barclays | Barclays | NAP | NAP | 2099 Ford Parkway | Saint Paul | Ramsey | MN | 55116 |
33 | Loan | 6 | 2 | Aragona Retail Portfolio | 1.0% | SMC | SMC | NAP | NAP | Various | Macomb | Macomb | MI | Various | |
33.01 | Property | 1 | Macomb Centre Plaza | 0.7% | 76.4% | 51300-51336 Romeo Plank Road | Macomb | Macomb | MI | 48042 | |||||
33.02 | Property | 1 | River Park Plaza | 0.2% | 23.6% | 46850-46922 Romeo Plank Road | Macomb | Macomb | MI | 48044 | |||||
34 | Loan | 15 | 1 | Centennial Plaza | 0.9% | 100.0% | BSPRT | BSPRT | NAP | NAP | 1401-1455 West Lake Street | Addison | DuPage | IL | 60101 |
35 | Loan | 17 | 1 | Great American Self Storage | 0.9% | 100.0% | SGFC | SGFC | NAP | NAP | 74 Loloku Street | Kailua Kona | Hawaii | HI | 96740 |
36 | Loan | 15, 19, 21 | 1 | South Valley Center | 0.9% | 100.0% | Barclays | Barclays | NAP | NAP | 8231, 8233, 8239 & 8243 East Stockton Boulevard | Sacramento | Sacramento | CA | 95828 |
37 | Loan | 13, 19 | 1 | 127 8th Avenue Leased Fee | 0.9% | 100.0% | LMF | LMF | NAP | NAP | 127-137 8th Avenue | New York | New York | NY | 10011 |
38 | Loan | 10, 30 | 1 | Go Store It Crossville | 0.8% | 100.0% | SGFC | SGFC | NAP | NAP | 1872 West Avenue | Crossville | Cumberland | TN | 38555 |
39 | Loan | 2, 3, 16, 19, 27 | 1 | 965-977 Frankford Avenue | 0.8% | 100.0% | Barclays | Barclays | NAP | NAP | 965 Frankford Avenue | Philadelphia | Philadelphia | PA | 19125 |
40 | Loan | 16, 19 | 1 | Home2 Suites Bedford | 0.8% | 100.0% | SMC | SMC | NAP | NAP | 1916 Forest Ridge Drive | Bedford | Tarrant | TX | 76021 |
41 | Loan | 13, 16, 32 | 1 | Edwards Landing Apartments | 0.8% | 100.0% | BSPRT | BSPRT | NAP | NAP | 3171 Morning Dew Lane | Fort Pierce | St. Lucie | FL | 34981 |
42 | Loan | 1 | Holiday Inn Express - Memphis, TN | 0.6% | 100.0% | Barclays | Barclays | NAP | NAP | 3411 Elvis Presley Boulevard | Memphis | Shelby | TN | 38116 | |
43 | Loan | 19 | 1 | Shops at The Domain | 0.6% | 100.0% | LMF | LMF | NAP | NAP | 3310 West Braker Lane | Austin | Travis | TX | 78758 |
44 | Loan | 16, 30 | 1 | 275 Commerce | 0.6% | 100.0% | SMC | SMC | NAP | NAP | 275 Commerce Drive | Fort Washington | Montgomery | PA | 19034 |
45 | Loan | 11, 19 | 1 | CVS Pawtucket | 0.5% | 100.0% | LMF | LMF | NAP | NAP | 835 Newport Avenue | Pawtucket | Providence | RI | 02861 |
46 | Loan | 5, 19 | 1 | Candlewood Suites Elgin | 0.5% | 100.0% | SGFC | SGFC | NAP | NAP | 1780 Capital Street | Elgin | Kane | IL | 60124 |
47 | Loan | 1 | Load and Lock Self Storage | 0.5% | 100.0% | Barclays | Barclays | Group B | NAP | 4425 South U.S. Highway 85 87 | Colorado Springs | El Paso | CO | 80911 | |
48 | Loan | 15 | 1 | Hartsville Crossing | 0.5% | 100.0% | UBS AG | UBS AG | NAP | NAP | 1407-1495 Retail Row | Hartsville | Darlington | SC | 29550 |
49 | Loan | 1 | Washington MHC Portfolio | 0.5% | 100.0% | LMF | LMF | NAP | NAP | 201 Coe Road, 102 East California Street, 401 Moxee Avenue, 1507 South Fair Street and 9890 U.S. Highway 12 | Wapato, Union Gap, Naches and Yakima | Yakima | WA | 98951, 98903, 98937, 98901 | |
50 | Loan | 20 | 1 | 5400-5450 W. Atlantic Blvd | 0.4% | 100.0% | Barclays | Barclays | NAP | NAP | 5400-5450 West Atlantic Boulevard | Margate | Broward | FL | 33063 |
51 | Loan | 19 | 1 | Walgreens McDonough | 0.4% | 100.0% | LMF | LMF | Group A | NAP | 204 Jonesboro Road | McDonough | Henry | GA | 30253 |
52 | Loan | 16 | 1 | 701 Van Duzer Street | 0.4% | 100.0% | SMC | SMC | NAP | NAP | 701 Van Duzer Street | Staten Island | Richmond | NY | 10304 |
53 | Loan | 20 | 1 | Marymoor Self Storage | 0.4% | 100.0% | LMF | LMF | NAP | NAP | 6065 East Lake Sammamish Parkway Northeast | Redmond | King | WA | 98052 |
54 | Loan | 1 | 28818 Cinco Ranch | 0.4% | 100.0% | SMC | SMC | NAP | NAP | 28818 Cinco Ranch Boulevard | Katy | Fort Bend | TX | 77494 | |
55 | Loan | 16 | 1 | The Storage Depot | 0.3% | 100.0% | SMC | SMC | NAP | NAP | 483 Washington Avenue | North Haven | New Haven | CT | 06473 |
56 | Loan | 19 | 1 | Walgreens Plainfield | 0.3% | 100.0% | LMF | LMF | Group A | NAP | 4822 Caton Farm Road | Plainfield | Will | IL | 60586 |
57 | Loan | 16 | 1 | CVS Fourth Street | 0.3% | 100.0% | SMC | SMC | NAP | NAP | 1049 West 4th Street | Mansfield | Richland | OH | 44906 |
58 | Loan | 19 | 1 | Walgreens House Springs | 0.2% | 100.0% | LMF | LMF | Group A | NAP | 4535 Hunter Lane | House Springs | Jefferson | MO | 63051 |
59 | Loan | 1 | Inner Space Storage | 0.1% | 100.0% | Barclays | Barclays | Group B | NAP | 502 Twin Bridges Road | Alexandria | Rapides | LA | 71303 | |
60 | Loan | 2 | 1 | Lamplighter MHC | 0.1% | 100.0% | LMF | LMF | NAP | NAP | 426 Linda Drive | San Marcos | Hays | TX | 78666 |
A-1-3 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | General Property Type | Detailed Property Type | Year Built | Year Renovated | Number of Units | Unit of Measure | Loan Per Unit ($) | Original Balance ($) | Cut-off Date Balance ($) | Maturity/ARD Balance ($) | Interest Rate % | Administrative Fee Rate % | Net Mortgage Rate % |
2 | 2 | 3 | 6, 7 | 6, 7 | 6, 7 | 8 | |||||||||||
1 | Loan | 6, 10,12 | 5 | Houston Multifamily Portfolio | Multifamily | Garden | Various | NAP | 1,558 | Units | 48,780.49 | 76,000,000 | 76,000,000 | 76,000,000 | 6.30700% | 0.01148% | 6.29552% |
1.01 | Property | 1 | Providence at Memorial | Multifamily | Garden | 1971 | NAP | 321 | Units | 22,466,000 | 22,466,000 | 22,466,000 | |||||
1.02 | Property | 1 | Diamond Hill | Multifamily | Garden | 1968 | NAP | 305 | Units | 15,312,600 | 15,312,600 | 15,312,600 | |||||
1.03 | Property | 1 | Casa Del Mar | Multifamily | Garden | 1978 | NAP | 354 | Units | 14,873,486 | 14,873,486 | 14,873,486 | |||||
1.04 | Property | 1 | Sedona Pointe | Multifamily | Garden | 1979 | NAP | 352 | Units | 13,446,669 | 13,446,669 | 13,446,669 | |||||
1.05 | Property | 1 | Buena Vista | Multifamily | Garden | 1980 | NAP | 226 | Units | 9,901,245 | 9,901,245 | 9,901,245 | |||||
2 | Loan | 1, 2, 3, 6, 12, 13, 14, 19 | 2 | Yorkshire & Lexington Towers | Multifamily | High Rise | Various | Various | 808 | Units | 393,564.36 | 65,000,000 | 65,000,000 | 65,000,000 | 3.04000% | 0.01148% | 3.02852% |
2.01 | Property | 1 | Yorkshire Towers | Multifamily | High Rise | 1964 | 2014, 2022 | 681 | Units | 55,938,155 | 55,938,155 | 55,938,155 | |||||
2.02 | Property | 1 | Lexington Towers | Multifamily | High Rise | 1963 | 2014 | 127 | Units | 9,061,845 | 9,061,845 | 9,061,845 | |||||
3 | Loan | 10, 13, 19, 21, 24 | 1 | 1888 Century Park East | Office | CBD | 1970 | 2016 | 502,510 | SF | 398.00 | 65,000,000 | 65,000,000 | 65,000,000 | 2.64050% | 0.01148% | 2.62902% |
4 | Loan | 12, 15, 16, 19, 24 | 1 | 3075 Olcott | Office | Suburban | 2022 | NAP | 246,606 | SF | 575.82 | 65,000,000 | 65,000,000 | 65,000,000 | 5.10000% | 0.01148% | 5.08852% |
5 | Loan | 12, 16, 24 | 1 | 70 Hudson Street | Office | CBD | 2002 | 2018 | 431,281 | SF | 278.24 | 48,000,000 | 48,000,000 | 48,000,000 | 3.19200% | 0.01148% | 3.18052% |
6 | Loan | 1, 6, 10, 12, 16, 30 | 34 | ExchangeRight Net Leased Portfolio #55 | Retail | Single Tenant | Various | Various | 747,953 | SF | 138.91 | 41,560,000 | 41,560,000 | 41,560,000 | 4.58000% | 0.01148% | 4.56852% |
6.01 | Property | 1 | Walmart Neighborhood Market - Prairieville (Airline), LA | Retail | Single Tenant | 2017 | NAP | 41,917 | SF | 3,970,000 | 3,970,000 | 3,970,000 | |||||
6.02 | Property | 1 | Pick N Save - Sun Prairie (Main), WI | Retail | Single Tenant | 2009 | NAP | 61,048 | SF | 3,854,000 | 3,854,000 | 3,854,000 | |||||
6.03 | Property | 1 | Schnucks - Love's Park (Harlem), IL | Retail | Single Tenant | 1998 | NAP | 142,357 | SF | 3,672,000 | 3,672,000 | 3,672,000 | |||||
6.04 | Property | 1 | Walmart Neighborhood Market - Thibodaux (Main), LA | Retail | Single Tenant | 2015 | NAP | 42,311 | SF | 3,562,000 | 3,562,000 | 3,562,000 | |||||
6.05 | Property | 1 | Walmart Neighborhood Market - Houma (Park), LA | Retail | Single Tenant | 2016 | NAP | 44,237 | SF | 3,466,400 | 3,466,400 | 3,466,400 | |||||
6.06 | Property | 1 | Publix - Decatur (Point), AL | Retail | Single Tenant | 2018 | NAP | 45,600 | SF | 2,426,000 | 2,426,000 | 2,426,000 | |||||
6.07 | Property | 1 | PNC Bank - Clarendon Hills (Holmes), IL | Retail | Single Tenant | 1986 | NAP | 15,896 | SF | 2,089,600 | 2,089,600 | 2,089,600 | |||||
6.08 | Property | 1 | Walmart Neighborhood Market - New Iberia (Parkview), LA | Retail | Single Tenant | 2016 | NAP | 41,952 | SF | 1,972,000 | 1,972,000 | 1,972,000 | |||||
6.09 | Property | 1 | Walmart Neighborhood Market - Opelousas (Union), LA | Retail | Single Tenant | 2016 | NAP | 43,240 | SF | 1,798,000 | 1,798,000 | 1,798,000 | |||||
6.10 | Property | 1 | Walmart Neighborhood Market - Meraux (Archbishop), LA | Retail | Single Tenant | 2016 | NAP | 42,311 | SF | 1,756,000 | 1,756,000 | 1,756,000 | |||||
6.11 | Property | 1 | CVS Pharmacy - Auburn (Opelika), AL | Retail | Single Tenant | 2009 | NAP | 13,253 | SF | 1,504,000 | 1,504,000 | 1,504,000 | |||||
6.12 | Property | 1 | Huntington Bank- Clarksburg (Pike), WV | Retail | Single Tenant | 1966 | NAP | 43,500 | SF | 1,027,600 | 1,027,600 | 1,027,600 | |||||
6.13 | Property | 1 | CVS Pharmacy - Grand Rapids (Fuller), MI | Retail | Single Tenant | 2000 | NAP | 10,965 | SF | 836,000 | 836,000 | 836,000 | |||||
6.14 | Property | 1 | O'Reilly Auto Parts - Madison (Commerce), WI | Retail | Single Tenant | 1994 | NAP | 16,240 | SF | 729,200 | 729,200 | 729,200 | |||||
6.15 | Property | 1 | U.S. Bank - Northlake (North), IL | Retail | Single Tenant | 1961 | NAP | 5,300 | SF | 692,000 | 692,000 | 692,000 | |||||
6.16 | Property | 1 | CVS - Tullahoma (Jackson), TN | Retail | Single Tenant | 1997 | NAP | 9,600 | SF | 660,800 | 660,800 | 660,800 | |||||
6.17 | Property | 1 | 7-Eleven- La Grange (Ogden), IL | Retail | Single Tenant | 1997 | NAP | 3,000 | SF | 617,600 | 617,600 | 617,600 | |||||
6.18 | Property | 1 | U.S. Bank - Elk Grove Village (Devon), IL | Retail | Single Tenant | 1977 | NAP | 4,250 | SF | 585,200 | 585,200 | 585,200 | |||||
6.19 | Property | 1 | Sherwin Williams - Marysville (Fifth), OH | Retail | Single Tenant | 2022 | NAP | 3,500 | SF | 556,000 | 556,000 | 556,000 | |||||
6.20 | Property | 1 | O'Reilly - Owensboro (Bold Forbes), KY | Retail | Single Tenant | 2021 | NAP | 7,150 | SF | 551,600 | 551,600 | 551,600 | |||||
6.21 | Property | 1 | PNC Bank - Aurora (Galena), IL | Retail | Single Tenant | 1976 | NAP | 5,000 | SF | 537,600 | 537,600 | 537,600 | |||||
6.22 | Property | 1 | NAPA Auto Parts - Downers Grove (Ogden), IL | Retail | Single Tenant | 1954 | 2007 | 10,500 | SF | 502,800 | 502,800 | 502,800 | |||||
6.23 | Property | 1 | Family Dollar - Cuyahoga Falls (Bailey), OH | Retail | Single Tenant | 2014 | NAP | 8,353 | SF | 473,200 | 473,200 | 473,200 | |||||
6.24 | Property | 1 | Dollar General - Lewiston (Sabattus), ME | Retail | Single Tenant | 2014 | NAP | 9,026 | SF | 436,800 | 436,800 | 436,800 | |||||
6.25 | Property | 1 | U.S. Bank - Niles (Dempster), IL | Retail | Single Tenant | 1978 | NAP | 5,477 | SF | 414,800 | 414,800 | 414,800 | |||||
6.26 | Property | 1 | Dollar Tree - Des Plaines (Rand), IL | Retail | Single Tenant | 1967 | 2019 | 8,300 | SF | 404,400 | 404,400 | 404,400 | |||||
6.27 | Property | 1 | Dollar General - Odessa (University), TX | Retail | Single Tenant | 2013 | NAP | 9,026 | SF | 365,200 | 365,200 | 365,200 | |||||
6.28 | Property | 1 | Dollar General - Weber City, (Hwy 23), VA | Retail | Single Tenant | 1958 | 2013 | 9,495 | SF | 364,400 | 364,400 | 364,400 | |||||
6.29 | Property | 1 | Dollar General- Springtown (Highway), TX | Retail | Single Tenant | 2014 | NAP | 9,026 | SF | 327,600 | 327,600 | 327,600 | |||||
6.30 | Property | 1 | Sherwin Williams - Champaign (Marketview), IL | Retail | Single Tenant | 1989 | 2012 | 4,884 | SF | 320,800 | 320,800 | 320,800 | |||||
6.31 | Property | 1 | Dollar General - Holly (Saginaw), MI | Retail | Single Tenant | 1950 | 2014 | 10,736 | SF | 289,600 | 289,600 | 289,600 | |||||
6.32 | Property | 1 | Dollar General - Dyer (Sheffield), IN | Retail | Single Tenant | 2006 | NAP | 9,014 | SF | 284,400 | 284,400 | 284,400 | |||||
6.33 | Property | 1 | Dollar General - Lubbock (University), TX | Retail | Single Tenant | 2004 | NAP | 9,014 | SF | 281,600 | 281,600 | 281,600 | |||||
6.34 | Property | 1 | Citizens Bank - Wilmington (Marsh), DE | Retail | Single Tenant | 1950 | 2007 | 2,475 | SF | 230,800 | 230,800 | 230,800 | |||||
7 | Loan | 1, 12, 13, 15, 19, 27, 30 | 1 | Bell Works | Office | Suburban | 1962, 1964, 1982 | 2017 | 1,371,470 | SF | 153.12 | 40,000,000 | 40,000,000 | 40,000,000 | 5.11000% | 0.01148% | 5.09852% |
8 | Loan | 1, 5, 6, 12, 13, 19, 29 | 17 | ILPT Logistics Portfolio | Industrial | Various | Various | Various | 9,438,321 | SF | 36.14 | 39,999,999 | 39,999,999 | 39,999,999 | 3.86465618% | 0.02398% | 3.84067618% |
8.01 | Property | 1 | 4000 Principio Parkway | Industrial | Warehouse / Distribution | 2006-2012 | NAP | 1,194,744 | SF | 4,937,143 | 4,937,143 | 4,937,143 | |||||
8.02 | Property | 1 | 2020 Joe B. Jackson Parkway | Industrial | Warehouse / Distribution | 2012 | NAP | 1,016,281 | SF | 4,428,000 | 4,428,000 | 4,428,000 | |||||
8.03 | Property | 1 | 1901 Meadowville Technology Parkway | Industrial | Warehouse / Distribution | 2012 | NAP | 1,016,281 | SF | 4,286,286 | 4,286,286 | 4,286,286 | |||||
8.04 | Property | 1 | 52 Pettengill Road | Industrial | Warehouse / Distribution | 2015 | NAP | 614,240 | SF | 4,145,714 | 4,145,714 | 4,145,714 | |||||
8.05 | Property | 1 | 510 John Dodd Road | Industrial | Warehouse / Distribution | 2012 | NAP | 1,015,740 | SF | 4,120,000 | 4,120,000 | 4,120,000 | |||||
8.06 | Property | 1 | 309 Dulty's Lane | Industrial | Warehouse / Distribution | 2001 | NAP | 633,836 | SF | 3,690,286 | 3,690,286 | 3,690,286 | |||||
8.07 | Property | 1 | 5300 Centerpoint Parkway | Industrial | Warehouse / Distribution | 2014 | NAP | 581,342 | SF | 2,139,429 | 2,139,429 | 2,139,429 | |||||
8.08 | Property | 1 | 17001 West Mercury Street | Industrial | Warehouse / Distribution | 2018 | NAP | 645,462 | SF | 1,872,000 | 1,872,000 | 1,872,000 | |||||
8.09 | Property | 1 | 725 Darlington Avenue | Industrial | Warehouse / Distribution | 1999 | 2010 | 167,424 | SF | 1,714,286 | 1,714,286 | 1,714,286 | |||||
8.10 | Property | 1 | 10100 89th Avenue N | Industrial | Warehouse / Distribution | 2015 | NAP | 319,062 | SF | 1,467,429 | 1,467,429 | 1,467,429 | |||||
8.11 | Property | 1 | 7303 Rickenbacker Parkway West | Industrial | Warehouse / Distribution | 2020 | NAP | 357,504 | SF | 1,240,571 | 1,240,571 | 1,240,571 | |||||
8.12 | Property | 1 | 4836 Hickory Hill Road | Industrial | Warehouse / Distribution | 1984-1987 | NAP | 646,160 | SF | 1,217,714 | 1,217,714 | 1,217,714 | |||||
8.13 | Property | 1 | 7000 West Post Road | Industrial | Warehouse / Distribution | 2011 | NAP | 95,953 | SF | 1,129,143 | 1,129,143 | 1,129,143 | |||||
8.14 | Property | 1 | 3201 Bearing Drive | Industrial | Manufacturing / Distribution | 1974 | 2006 | 422,912 | SF | 1,106,857 | 1,106,857 | 1,106,857 | |||||
8.15 | Property | 1 | 900 Commerce Parkway West Drive | Industrial | Manufacturing / Distribution | 2008 | 2020 | 294,388 | SF | 948,571 | 948,571 | 948,571 | |||||
8.16 | Property | 1 | 6825 West County Road 400 North | Industrial | Warehouse / Distribution | 2008 | 2020 | 245,041 | SF | 902,857 | 902,857 | 902,857 | |||||
8.17 | Property | 1 | 951 Trails Road | Industrial | Manufacturing / Distribution | 1997 | 2001 | 171,951 | SF | 653,714 | 653,714 | 653,714 | |||||
9 | Loan | 6, 12, 13, 15, 19, 20, 24, 28 | 5 | Phoenix Industrial Portfolio VIII | Industrial | Various | Various | Various | 2,329,016 | SF | 24.47 | 35,000,000 | 35,000,000 | 32,613,844 | 5.70000% | 0.01148% | 5.68852% |
9.01 | Property | 1 | West Mifflin, PA | Industrial | Warehouse / Distribution | 1949 | 1994 | 625,000 | SF | 12,280,702 | 12,280,702 | 11,443,454 | |||||
9.02 | Property | 1 | Church Hill, TN | Industrial | Warehouse / Distribution | 1966 | 2021 | 818,685 | SF | 9,210,526 | 9,210,526 | 8,582,590 | |||||
9.03 | Property | 1 | Mossville, IL | Industrial | Warehouse / Distribution | 1995 | NAP | 478,400 | SF | 6,309,211 | 6,309,211 | 5,879,074 | |||||
9.04 | Property | 1 | Eldon, MO | Industrial | Manufacturing | 1975 | 2019 | 276,180 | SF | 5,268,421 | 5,268,421 | 4,909,242 | |||||
9.05 | Property | 1 | Kingsport, TN | Industrial | Warehouse / Distribution | 1960 | 2021 | 130,751 | SF | 1,931,140 | 1,931,140 | 1,799,483 | |||||
10 | Loan | 2, 4, 6, 16 | 8 | BVG Portfolio III | Manufactured Housing | Manufactured Housing | Various | NAP | 667 | Pads | 50,974.51 | 34,000,000 | 34,000,000 | 34,000,000 | 5.93000% | 0.01148% | 5.91852% |
10.01 | Property | 1 | Trinidad RV & Emerald Forest RV & Campground | Manufactured Housing | Manufactured Housing | 1948 | NAP | 167 | Pads | 8,600,000 | 8,600,000 | 8,600,000 | |||||
10.02 | Property | 1 | Hacienda RV Resort | Manufactured Housing | Manufactured Housing | 2001 | NAP | 113 | Pads | 6,350,000 | 6,350,000 | 6,350,000 | |||||
10.03 | Property | 1 | Gardena MHC & Apts | Manufactured Housing | Manufactured Housing | 1930 | NAP | 83 | Pads | 5,300,000 | 5,300,000 | 5,300,000 | |||||
10.04 | Property | 1 | Fairmont MHC | Manufactured Housing | Manufactured Housing | 1970 | NAP | 96 | Pads | 4,000,000 | 4,000,000 | 4,000,000 | |||||
10.05 | Property | 1 | Gansett MHC | Manufactured Housing | Manufactured Housing | 1962 | NAP | 70 | Pads | 3,200,000 | 3,200,000 | 3,200,000 | |||||
10.06 | Property | 1 | Elsinore Hills RV Park | Manufactured Housing | Manufactured Housing | 1966 | NAP | 50 | Pads | 2,900,000 | 2,900,000 | 2,900,000 | |||||
10.07 | Property | 1 | Flying A MHC | Manufactured Housing | Manufactured Housing | 1970 | NAP | 66 | Pads | 2,150,000 | 2,150,000 | 2,150,000 | |||||
10.08 | Property | 1 | Golden Arrow MHC | Manufactured Housing | Manufactured Housing | 1957 | NAP | 22 | Pads | 1,500,000 | 1,500,000 | 1,500,000 | |||||
11 | Loan | 15, 19 | 1 | Perry Hall Centre and Perry Hall Square | Retail | Anchored | 1957 | 2021 | 231,754 | SF | 130.01 | 30,130,000 | 30,130,000 | 30,130,000 | 5.22000% | 0.01148% | 5.20852% |
12 | Loan | 9, 10, 12, 16, 17, 19, 27, 32 | 1 | The Shoppes at Eagle Point | Retail | Anchored | 2018 | NAP | 228,041 | SF | 175.21 | 30,000,000 | 29,966,541 | 24,691,659 | 5.40000% | 0.01148% | 5.38852% |
13 | Loan | 11, 16 | 1 | Village at Mitchell Ranch | Retail | Anchored | 2019 | NAP | 146,715 | SF | 194.25 | 28,500,000 | 28,500,000 | 28,500,000 | 4.85000% | 0.01148% | 4.83852% |
14 | Loan | 1, 6, 12, 19 | 14 | Twin Spans Business Park and Delaware River Industrial Park | Industrial | Warehouse / Distribution | Various | NAP | 2,180,017 | SF | 63.30 | 28,000,000 | 28,000,000 | 28,000,000 | 3.64950% | 0.01148% | 3.63802% |
14.01 | Property | 1 | 350 Anchor Mill Road | Industrial | Warehouse / Distribution | 2007 | NAP | 421,291 | SF | 5,224,638 | 5,224,638 | 5,224,638 |
A-1-4 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | General Property Type | Detailed Property Type | Year Built | Year Renovated | Number of Units | Unit of Measure | Loan Per Unit ($) | Original Balance ($) | Cut-off Date Balance ($) | Maturity/ARD Balance ($) | Interest Rate % | Administrative Fee Rate % | Net Mortgage Rate % |
2 | 2 | 3 | 6, 7 | 6, 7 | 6, 7 | 8 | |||||||||||
14.02 | Property | 1 | 301 Anchor Mill Road | Industrial | Warehouse / Distribution | 2002 | NAP | 335,046 | SF | 3,753,623 | 3,753,623 | 3,753,623 | |||||
14.03 | Property | 1 | 400 Ships Landing Way | Industrial | Warehouse / Distribution | 1996 | NAP | 235,000 | SF | 3,124,638 | 3,124,638 | 3,124,638 | |||||
14.04 | Property | 1 | 800 Ships Landing Way | Industrial | Warehouse / Distribution | 2002 | NAP | 226,200 | SF | 2,911,594 | 2,911,594 | 2,911,594 | |||||
14.05 | Property | 1 | 6 Dockview | Industrial | Warehouse / Distribution | 2000 | NAP | 201,079 | SF | 2,617,391 | 2,617,391 | 2,617,391 | |||||
14.06 | Property | 1 | 501 Ships Landing Way | Industrial | Warehouse / Distribution | 1998 | NAP | 159,630 | SF | 1,947,826 | 1,947,826 | 1,947,826 | |||||
14.07 | Property | 1 | 250 Anchor Mill Road | Industrial | Warehouse / Distribution | 2004 | NAP | 106,800 | SF | 1,562,319 | 1,562,319 | 1,562,319 | |||||
14.08 | Property | 1 | 10 Dockview Drive | Industrial | Warehouse / Distribution | 2018 | NAP | 100,630 | SF | 1,298,551 | 1,298,551 | 1,298,551 | |||||
14.09 | Property | 1 | 7 - 23 Harborview Drive | Industrial | Warehouse / Distribution | 1999 | NAP | 68,067 | SF | 1,166,667 | 1,166,667 | 1,166,667 | |||||
14.10 | Property | 1 | 200 Anchor Mill Road | Industrial | Warehouse / Distribution | 2007 | NAP | 101,182 | SF | 1,136,232 | 1,136,232 | 1,136,232 | |||||
14.11 | Property | 1 | 300 Anchor Mill Road | Industrial | Warehouse / Distribution | 1960 | NAP | 83,850 | SF | 1,095,652 | 1,095,652 | 1,095,652 | |||||
14.12 | Property | 1 | 27 - 55 Harborview Drive | Industrial | Warehouse / Distribution | 1990 | NAP | 68,453 | SF | 1,044,928 | 1,044,928 | 1,044,928 | |||||
14.13 | Property | 1 | 100 Ships Landing | Industrial | Warehouse / Distribution | 2001 | NAP | 44,800 | SF | 608,696 | 608,696 | 608,696 | |||||
14.14 | Property | 1 | 600 Ships Landing Way | Industrial | Warehouse / Distribution | 2004 | NAP | 27,989 | SF | 507,246 | 507,246 | 507,246 | |||||
15 | Loan | 6, 12 | 6 | Stockton Self Storage Portfolio | Various | Various | Various | Various | 464,535 | SF | 83.87 | 25,000,000 | 24,974,325 | 20,654,477 | 5.14400% | 0.01148% | 5.13252% |
15.01 | Property | 1 | Airport Road Self Storage | Self Storage | Self Storage | 2000, 2003, 2006, 2018 | NAP | 113,170 | SF | 9,166,667 | 9,157,252 | 7,573,308 | |||||
15.02 | Property | 1 | Morada Self Storage | Self Storage | Self Storage | 2002 | NAP | 98,700 | SF | 4,871,795 | 4,866,791 | 4,024,975 | |||||
15.03 | Property | 1 | Highway 88 Self Storage | Self Storage | Self Storage | 2003 | NAP | 68,475 | SF | 3,269,231 | 3,265,873 | 2,700,970 | |||||
15.04 | Property | 1 | Beckman Road Industrial | Industrial | Manufacturing | 1980 | 2021 | 99,000 | SF | 3,205,128 | 3,201,837 | 2,648,010 | |||||
15.05 | Property | 1 | Highway 99 Self Storage | Self Storage | Self Storage | 1982 | NAP | 50,240 | SF | 2,692,308 | 2,689,543 | 2,224,328 | |||||
15.06 | Property | 1 | Eight Mile Road Self Storage | Self Storage | Self Storage | 1990 | NAP | 34,950 | SF | 1,794,872 | 1,793,028 | 1,482,886 | |||||
16 | Loan | 6, 7 | 2 | Deerfield and Courtyard Apartments | Multifamily | Garden | Various | Various | 441 | Units | 54,303.58 | 24,000,000 | 23,947,879 | 19,869,076 | 5.21000% | 0.01148% | 5.19852% |
16.01 | Property | 1 | Deerfield Apartments | Multifamily | Garden | 1977 | 2017-2018 | 246 | Units | 12,454,054 | 12,427,008 | 10,310,439 | |||||
16.02 | Property | 1 | Courtyard Apartments | Multifamily | Garden | 1969 | 2021 | 195 | Units | 11,545,946 | 11,520,872 | 9,558,636 | |||||
17 | Loan | 6, 10 | 3 | ABC Mini Storage Portfolio | Self Storage | Self Storage | Various | NAP | 531,553 | SF | 42.33 | 22,500,000 | 22,500,000 | 22,500,000 | 4.75000% | 0.01148% | 4.73852% |
17.01 | Property | 1 | ABC Mini Storage - West | Self Storage | Self Storage | 1977-2008 | NAP | 232,253 | SF | 9,261,000 | 9,261,000 | 9,261,000 | |||||
17.02 | Property | 1 | ABC Mini Storage - Valley | Self Storage | Self Storage | 1976-1993 | NAP | 168,750 | SF | 7,938,000 | 7,938,000 | 7,938,000 | |||||
17.03 | Property | 1 | ABC Mini Storage - North | Self Storage | Self Storage | 2002 | NAP | 130,550 | SF | 5,301,000 | 5,301,000 | 5,301,000 | |||||
18 | Loan | 20, 23 | 1 | Sawmill Plaza | Retail | Anchored | 1987 | NAP | 194,691 | SF | 100.07 | 19,500,000 | 19,482,223 | 16,358,706 | 5.63000% | 0.01148% | 5.61852% |
19 | Loan | 10, 13, 19, 20 | 1 | 4S Ranch Village Center | Retail | Anchored | 2002-2011 | NAP | 56,173 | SF | 328.50 | 18,500,000 | 18,452,742 | 14,917,593 | 4.42000% | 0.01148% | 4.40852% |
20 | Loan | 1, 6, 19, 23 | 2 | The Summit | Office | CBD | Various | NAP | 907,306 | SF | 360.41 | 17,000,000 | 17,000,000 | 17,000,000 | 2.95200% | 0.03523% | 2.91677% |
20.01 | Property | 1 | Summit 1, 2 | Office | CBD | 2002, 2005 | NAP | 533,086 | SF | 9,490,857 | 9,490,857 | 9,490,857 | |||||
20.02 | Property | 1 | Summit 3 | Office | CBD | 2021 | NAP | 374,220 | SF | 7,509,143 | 7,509,143 | 7,509,143 | |||||
21 | Loan | 10, 19, 20 | 1 | Hamilton Commons | Retail | Anchored | 2001 | NAP | 403,050 | SF | 96.76 | 17,000,000 | 17,000,000 | 17,000,000 | 3.20000% | 0.01148% | 3.18852% |
22 | Loan | 15, 19 | 1 | Church Ranch Corporate Center | Office | Suburban | 2001 | NAP | 124,512 | SF | 132.60 | 16,510,000 | 16,510,000 | 16,510,000 | 5.45000% | 0.01148% | 5.43852% |
23 | Loan | 6, 12, 19 | 2 | Oak Ridge Office Park | Office | Suburban | Various | NAP | 448,965 | SF | 59.52 | 16,200,000 | 16,032,639 | 12,775,443 | 3.80400% | 0.01148% | 3.79252% |
23.01 | Property | 1 | Oak Ridge Technical Center | Office | Suburban | 1991-1999 | NAP | 290,365 | SF | 11,792,093 | 11,670,270 | 9,299,334 | |||||
23.02 | Property | 1 | Oak Ridge Corporate Center | Office | Suburban | 1991 | NAP | 158,600 | SF | 4,407,907 | 4,362,370 | 3,476,109 | |||||
24 | Loan | 2, 13, 19, 20, 23 | 1 | Kalamazoo Distribution Center | Industrial | Cold Storage / Warehouse | 1977, 1987 | 1989, 1991 | 313,502 | SF | 47.21 | 14,800,000 | 14,800,000 | 14,800,000 | 5.51510% | 0.01148% | 5.50362% |
25 | Loan | 6 | 2 | Corpus Christi Portfolio | Hospitality | Various | 2009 | Various | 172 | Rooms | 82,971.62 | 14,300,000 | 14,271,119 | 11,965,961 | 5.55000% | 0.01148% | 5.53852% |
25.01 | Property | 1 | The Staybridge Suites | Hospitality | Extended Stay | 2009 | 2015 | 84 | Rooms | 7,790,000 | 7,774,267 | 6,518,520 | |||||
25.02 | Property | 1 | The Holiday Inn Express & Suites | Hospitality | Limited Service | 2009 | 2019-2020 | 88 | Rooms | 6,510,000 | 6,496,852 | 5,447,441 | |||||
26 | Loan | 15, 19 | 1 | Rosedale & Soundview | Retail | Anchored | 1961 | NAP | 63,008 | SF | 214.26 | 13,500,000 | 13,500,000 | 13,500,000 | 4.97220% | 0.01148% | 4.96072% |
27 | Loan | 15 | 1 | Panther Lake Shopping Center | Retail | Anchored | 1989 | 2018 | 112,130 | SF | 120.40 | 13,500,000 | 13,500,000 | 13,500,000 | 5.36000% | 0.01148% | 5.34852% |
28 | Loan | 1 | Biotrial Medical Center | Office | Medical | 2014 | NAP | 60,500 | SF | 214.88 | 13,000,000 | 13,000,000 | 13,000,000 | 5.70000% | 0.01148% | 5.68852% | |
29 | Loan | 1, 6, 12, 15, 19, 20, 23 | 6 | Moonwater Office Portfolio | Office | Suburban | Various | Various | 611,320 | SF | 189.75 | 13,000,000 | 13,000,000 | 11,585,072 | 4.25000% | 0.01148% | 4.23852% |
29.01 | Property | 1 | 6543 Las Vegas Boulevard South | Office | Suburban | 2007 | 2018 | 102,276 | SF | 5,113,931 | 5,113,931 | 4,557,328 | |||||
29.02 | Property | 1 | 6226 West Sahara Avenue | Office | Suburban | 1982 | NAP | 292,180 | SF | 3,094,000 | 3,094,000 | 2,757,247 | |||||
29.03 | Property | 1 | 10190 Covington Cross Drive | Office | Suburban | 1997 | NAP | 75,588 | SF | 1,490,517 | 1,490,517 | 1,328,288 | |||||
29.04 | Property | 1 | 1450 Center Crossing Road | Office | Suburban | 2004 | NAP | 52,975 | SF | 1,484,914 | 1,484,914 | 1,323,295 | |||||
29.05 | Property | 1 | 6551 Las Vegas Boulevard South | Office | Suburban | 2007 | 2018 | 31,105 | SF | 1,036,638 | 1,036,638 | 923,810 | |||||
29.06 | Property | 1 | 9901-9921 Covington Cross Drive | Office | Suburban | 1998 | NAP | 57,196 | SF | 780,000 | 780,000 | 695,104 | |||||
30 | Loan | 15, 19 | 1 | Magnolia Square | Retail | Anchored | 2004 | NAP | 107,806 | SF | 115.83 | 12,487,000 | 12,487,000 | 10,640,062 | 5.31500% | 0.01148% | 5.30352% |
31 | Loan | 15, 19, 28 | 1 | Nona Commons | Retail | Shadow Anchored | 2008 | NAP | 52,832 | SF | 227.14 | 12,000,000 | 12,000,000 | 10,403,675 | 4.09000% | 0.01148% | 4.07852% |
32 | Loan | 16, 19 | 1 | Walgreens - St Paul | Retail | Single Tenant | 2010 | NAP | 15,632 | SF | 716.48 | 11,200,000 | 11,200,000 | 11,200,000 | 5.27500% | 0.05148% | 5.22352% |
33 | Loan | 6 | 2 | Aragona Retail Portfolio | Retail | Anchored | Various | Various | 94,448 | SF | 112.76 | 10,650,000 | 10,650,000 | 10,650,000 | 4.60000% | 0.06023% | 4.53977% |
33.01 | Property | 1 | Macomb Centre Plaza | Retail | Anchored | 2001, 2007 | NAP | 70,820 | SF | 8,133,791 | 8,133,791 | 8,133,791 | |||||
33.02 | Property | 1 | River Park Plaza | Retail | Anchored | 1994 | 2011 | 23,628 | SF | 2,516,209 | 2,516,209 | 2,516,209 | |||||
34 | Loan | 15 | 1 | Centennial Plaza | Retail | Anchored | 1969 | 1998-2018 | 115,456 | SF | 86.61 | 10,000,000 | 10,000,000 | 8,423,353 | 3.99900% | 0.01148% | 3.98752% |
35 | Loan | 17 | 1 | Great American Self Storage | Self Storage | Self Storage | 2007 | NAP | 62,100 | SF | 154.59 | 9,600,000 | 9,600,000 | 9,600,000 | 5.73500% | 0.01148% | 5.72352% |
36 | Loan | 15, 19, 21 | 1 | South Valley Center | Office | Medical | 2004, 2005, 2014 | NAP | 49,718 | SF | 191.08 | 9,500,000 | 9,500,000 | 9,500,000 | 5.14000% | 0.01148% | 5.12852% |
37 | Loan | 13, 19 | 1 | 127 8th Avenue Leased Fee | Other | Leased Fee | NAP | NAP | 13,800 | SF | 687.63 | 9,500,000 | 9,489,240 | 7,741,073 | 4.72500% | 0.01148% | 4.71352% |
38 | Loan | 10, 30 | 1 | Go Store It Crossville | Self Storage | Self Storage | 2005-2021 | NAP | 173,465 | SF | 51.88 | 9,000,000 | 9,000,000 | 9,000,000 | 4.97000% | 0.01148% | 4.95852% |
39 | Loan | 2, 3, 16, 19, 27 | 1 | 965-977 Frankford Avenue | Multifamily | Mid Rise | 2021 | NAP | 33 | Units | 272,727.27 | 9,000,000 | 9,000,000 | 9,000,000 | 5.09500% | 0.01148% | 5.08352% |
40 | Loan | 16, 19 | 1 | Home2 Suites Bedford | Hospitality | Extended Stay | 2019 | NAP | 100 | Rooms | 89,775.80 | 9,000,000 | 8,977,580 | 7,288,552 | 4.54500% | 0.01148% | 4.53352% |
41 | Loan | 13, 16, 32 | 1 | Edwards Landing Apartments | Multifamily | Garden | 2019 | NAP | 78 | Units | 105,769.23 | 8,250,000 | 8,250,000 | 8,250,000 | 5.44500% | 0.01148% | 5.43352% |
42 | Loan | 1 | Holiday Inn Express - Memphis, TN | Hospitality | Limited Service | 2018 | NAP | 85 | Rooms | 81,710.28 | 6,960,000 | 6,945,374 | 5,790,467 | 5.36500% | 0.01148% | 5.35352% | |
43 | Loan | 19 | 1 | Shops at The Domain | Retail | Shadow Anchored | 2013 | NAP | 13,483 | SF | 496.92 | 6,700,000 | 6,700,000 | 6,213,198 | 5.36000% | 0.01148% | 5.34852% |
44 | Loan | 16, 30 | 1 | 275 Commerce | Office | Suburban | 1971 | 2007 | 50,850 | SF | 117.99 | 6,000,000 | 6,000,000 | 5,373,034 | 5.54000% | 0.01148% | 5.52852% |
45 | Loan | 11, 19 | 1 | CVS Pawtucket | Retail | Single Tenant | 2002 | NAP | 10,880 | SF | 542.28 | 5,900,000 | 5,900,000 | 5,900,000 | 5.34000% | 0.01148% | 5.32852% |
46 | Loan | 5, 19 | 1 | Candlewood Suites Elgin | Hospitality | Extended Stay | 2009 | NAP | 83 | Rooms | 63,984.20 | 5,600,000 | 5,310,689 | 4,069,376 | 4.24000% | 0.01148% | 4.22852% |
47 | Loan | 1 | Load and Lock Self Storage | Self Storage | Self Storage | 2018 | 2021 | 85,644 | SF | 60.13 | 5,150,000 | 5,150,000 | 5,150,000 | 6.11000% | 0.01148% | 6.09852% | |
48 | Loan | 15 | 1 | Hartsville Crossing | Retail | Shadow Anchored | 2001 | NAP | 68,645 | SF | 72.84 | 5,000,000 | 5,000,000 | 5,000,000 | 5.46300% | 0.01148% | 5.45152% |
49 | Loan | 1 | Washington MHC Portfolio | Manufactured Housing | Manufactured Housing | 1960, 1970, 1950, 1965 | NAP, 2019 | 110 | Pads | 45,454.55 | 5,000,000 | 5,000,000 | 5,000,000 | 5.43000% | 0.01148% | 5.41852% | |
50 | Loan | 20 | 1 | 5400-5450 W. Atlantic Blvd | Retail | Unanchored | 1987 | NAP | 26,033 | SF | 169.02 | 4,400,000 | 4,400,000 | 4,400,000 | 4.98500% | 0.01148% | 4.97352% |
51 | Loan | 19 | 1 | Walgreens McDonough | Retail | Single Tenant | 2001 | NAP | 15,094 | SF | 278.26 | 4,200,000 | 4,200,000 | 4,200,000 | 5.27000% | 0.01148% | 5.25852% |
52 | Loan | 16 | 1 | 701 Van Duzer Street | Industrial | Flex | 1900 | 2015 | 18,600 | SF | 225.81 | 4,200,000 | 4,200,000 | 4,200,000 | 4.73500% | 0.01148% | 4.72352% |
53 | Loan | 20 | 1 | Marymoor Self Storage | Self Storage | Self Storage | 2006 | NAP | 50,511 | SF | 82.16 | 4,150,000 | 4,150,000 | 4,150,000 | 4.81000% | 0.01148% | 4.79852% |
54 | Loan | 1 | 28818 Cinco Ranch | Retail | Unanchored | 2016 | NAP | 17,150 | SF | 224.49 | 3,850,000 | 3,850,000 | 3,850,000 | 5.48000% | 0.05148% | 5.42852% | |
55 | Loan | 16 | 1 | The Storage Depot | Self Storage | Self Storage | 2002 | NAP | 33,470 | SF | 88.14 | 2,950,000 | 2,950,000 | 2,950,000 | 6.15000% | 0.01148% | 6.13852% |
56 | Loan | 19 | 1 | Walgreens Plainfield | Retail | Single Tenant | 2000 | NAP | 15,018 | SF | 196.43 | 2,950,000 | 2,950,000 | 2,950,000 | 5.04000% | 0.01148% | 5.02852% |
57 | Loan | 16 | 1 | CVS Fourth Street | Retail | Single Tenant | 1999 | NAP | 10,125 | SF | 273.49 | 2,775,000 | 2,769,062 | 2,302,497 | 5.28000% | 0.01148% | 5.26852% |
58 | Loan | 19 | 1 | Walgreens House Springs | Retail | Single Tenant | 2002 | NAP | 15,050 | SF | 159.47 | 2,400,000 | 2,400,000 | 2,400,000 | 5.04000% | 0.01148% | 5.02852% |
59 | Loan | 1 | Inner Space Storage | Self Storage | Self Storage | 1996 | NAP | 30,500 | SF | 42.62 | 1,300,000 | 1,300,000 | 1,300,000 | 5.03000% | 0.01148% | 5.01852% | |
60 | Loan | 2 | 1 | Lamplighter MHC | Manufactured Housing | Manufactured Housing | 1990 | 2002 | 30 | Pads | 40,000.00 | 1,200,000 | 1,200,000 | 1,081,984 | 5.88000% | 0.01148% | 5.86852% |
A-1-5 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Monthly Debt Service (P&I) ($) | Monthly Debt Service (IO) ($) | Annual Debt Service (P&I) ($) | Annual Debt Service (IO) ($) | Amortization Type | ARD Loan (Yes / No) | Interest Accrual Method | Original Interest-Only Period (Mos.) | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) | Remaining Amortization Term (Mos.) | Origination Date | Seasoning (Mos.) |
9 | 9 | 9 | 9 | 11 | |||||||||||||||
1 | Loan | 6, 10,12 | 5 | Houston Multifamily Portfolio | NAP | 404,991.16 | NAP | 4,859,893.92 | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/13/2022 | 0 |
1.01 | Property | 1 | Providence at Memorial | ||||||||||||||||
1.02 | Property | 1 | Diamond Hill | ||||||||||||||||
1.03 | Property | 1 | Casa Del Mar | ||||||||||||||||
1.04 | Property | 1 | Sedona Pointe | ||||||||||||||||
1.05 | Property | 1 | Buena Vista | ||||||||||||||||
2 | Loan | 1, 2, 3, 6, 12, 13, 14, 19 | 2 | Yorkshire & Lexington Towers | NAP | 166,953.70 | NAP | 2,003,444.44 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 5/12/2022 | 0 |
2.01 | Property | 1 | Yorkshire Towers | ||||||||||||||||
2.02 | Property | 1 | Lexington Towers | ||||||||||||||||
3 | Loan | 10, 13, 19, 21, 24 | 1 | 1888 Century Park East | NAP | 145,013.57 | NAP | 1,740,162.84 | Interest Only | No | Actual/360 | 120 | 114 | 120 | 114 | 0 | 0 | 11/24/2021 | 6 |
4 | Loan | 12, 15, 16, 19, 24 | 1 | 3075 Olcott | NAP | 280,086.81 | NAP | 3,361,041.72 | Interest Only | No | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 4/8/2022 | 2 |
5 | Loan | 12, 16, 24 | 1 | 70 Hudson Street | NAP | 129,453.33 | NAP | 1,553,439.96 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 2/11/2022 | 3 |
6 | Loan | 1, 6, 10, 12, 16, 30 | 34 | ExchangeRight Net Leased Portfolio #55 | NAP | 160,823.73 | NAP | 1,929,884.76 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/8/2022 | 1 |
6.01 | Property | 1 | Walmart Neighborhood Market - Prairieville (Airline), LA | ||||||||||||||||
6.02 | Property | 1 | Pick N Save - Sun Prairie (Main), WI | ||||||||||||||||
6.03 | Property | 1 | Schnucks - Love's Park (Harlem), IL | ||||||||||||||||
6.04 | Property | 1 | Walmart Neighborhood Market - Thibodaux (Main), LA | ||||||||||||||||
6.05 | Property | 1 | Walmart Neighborhood Market - Houma (Park), LA | ||||||||||||||||
6.06 | Property | 1 | Publix - Decatur (Point), AL | ||||||||||||||||
6.07 | Property | 1 | PNC Bank - Clarendon Hills (Holmes), IL | ||||||||||||||||
6.08 | Property | 1 | Walmart Neighborhood Market - New Iberia (Parkview), LA | ||||||||||||||||
6.09 | Property | 1 | Walmart Neighborhood Market - Opelousas (Union), LA | ||||||||||||||||
6.10 | Property | 1 | Walmart Neighborhood Market - Meraux (Archbishop), LA | ||||||||||||||||
6.11 | Property | 1 | CVS Pharmacy - Auburn (Opelika), AL | ||||||||||||||||
6.12 | Property | 1 | Huntington Bank- Clarksburg (Pike), WV | ||||||||||||||||
6.13 | Property | 1 | CVS Pharmacy - Grand Rapids (Fuller), MI | ||||||||||||||||
6.14 | Property | 1 | O'Reilly Auto Parts - Madison (Commerce), WI | ||||||||||||||||
6.15 | Property | 1 | U.S. Bank - Northlake (North), IL | ||||||||||||||||
6.16 | Property | 1 | CVS - Tullahoma (Jackson), TN | ||||||||||||||||
6.17 | Property | 1 | 7-Eleven- La Grange (Ogden), IL | ||||||||||||||||
6.18 | Property | 1 | U.S. Bank - Elk Grove Village (Devon), IL | ||||||||||||||||
6.19 | Property | 1 | Sherwin Williams - Marysville (Fifth), OH | ||||||||||||||||
6.20 | Property | 1 | O'Reilly - Owensboro (Bold Forbes), KY | ||||||||||||||||
6.21 | Property | 1 | PNC Bank - Aurora (Galena), IL | ||||||||||||||||
6.22 | Property | 1 | NAPA Auto Parts - Downers Grove (Ogden), IL | ||||||||||||||||
6.23 | Property | 1 | Family Dollar - Cuyahoga Falls (Bailey), OH | ||||||||||||||||
6.24 | Property | 1 | Dollar General - Lewiston (Sabattus), ME | ||||||||||||||||
6.25 | Property | 1 | U.S. Bank - Niles (Dempster), IL | ||||||||||||||||
6.26 | Property | 1 | Dollar Tree - Des Plaines (Rand), IL | ||||||||||||||||
6.27 | Property | 1 | Dollar General - Odessa (University), TX | ||||||||||||||||
6.28 | Property | 1 | Dollar General - Weber City, (Hwy 23), VA | ||||||||||||||||
6.29 | Property | 1 | Dollar General- Springtown (Highway), TX | ||||||||||||||||
6.30 | Property | 1 | Sherwin Williams - Champaign (Marketview), IL | ||||||||||||||||
6.31 | Property | 1 | Dollar General - Holly (Saginaw), MI | ||||||||||||||||
6.32 | Property | 1 | Dollar General - Dyer (Sheffield), IN | ||||||||||||||||
6.33 | Property | 1 | Dollar General - Lubbock (University), TX | ||||||||||||||||
6.34 | Property | 1 | Citizens Bank - Wilmington (Marsh), DE | ||||||||||||||||
7 | Loan | 1, 12, 13, 15, 19, 27, 30 | 1 | Bell Works | NAP | 172,699.07 | NAP | 2,072,388.84 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/8/2022 | 1 |
8 | Loan | 1, 5, 6, 12, 13, 19, 29 | 17 | ILPT Logistics Portfolio | NAP | 130,611.06 | NAP | 1,567,332.72 | Interest Only | No | Actual/360 | 120 | 117 | 120 | 117 | 0 | 0 | 2/25/2022 | 3 |
8.01 | Property | 1 | 4000 Principio Parkway | ||||||||||||||||
8.02 | Property | 1 | 2020 Joe B. Jackson Parkway | ||||||||||||||||
8.03 | Property | 1 | 1901 Meadowville Technology Parkway | ||||||||||||||||
8.04 | Property | 1 | 52 Pettengill Road | ||||||||||||||||
8.05 | Property | 1 | 510 John Dodd Road | ||||||||||||||||
8.06 | Property | 1 | 309 Dulty's Lane | ||||||||||||||||
8.07 | Property | 1 | 5300 Centerpoint Parkway | ||||||||||||||||
8.08 | Property | 1 | 17001 West Mercury Street | ||||||||||||||||
8.09 | Property | 1 | 725 Darlington Avenue | ||||||||||||||||
8.10 | Property | 1 | 10100 89th Avenue N | ||||||||||||||||
8.11 | Property | 1 | 7303 Rickenbacker Parkway West | ||||||||||||||||
8.12 | Property | 1 | 4836 Hickory Hill Road | ||||||||||||||||
8.13 | Property | 1 | 7000 West Post Road | ||||||||||||||||
8.14 | Property | 1 | 3201 Bearing Drive | ||||||||||||||||
8.15 | Property | 1 | 900 Commerce Parkway West Drive | ||||||||||||||||
8.16 | Property | 1 | 6825 West County Road 400 North | ||||||||||||||||
8.17 | Property | 1 | 951 Trails Road | ||||||||||||||||
9 | Loan | 6, 12, 13, 15, 19, 20, 24, 28 | 5 | Phoenix Industrial Portfolio VIII | 203,140.15 | 168,559.03 | 2,437,681.80 | 2,022,708.36 | Interest Only, Amortizing Balloon | No | Actual/360 | 60 | 60 | 120 | 120 | 360 | 360 | 5/10/2022 | 0 |
9.01 | Property | 1 | West Mifflin, PA | ||||||||||||||||
9.02 | Property | 1 | Church Hill, TN | ||||||||||||||||
9.03 | Property | 1 | Mossville, IL | ||||||||||||||||
9.04 | Property | 1 | Eldon, MO | ||||||||||||||||
9.05 | Property | 1 | Kingsport, TN | ||||||||||||||||
10 | Loan | 2, 4, 6, 16 | 8 | BVG Portfolio III | NAP | 170,350.23 | NAP | 2,044,202.78 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/14/2022 | 1 |
10.01 | Property | 1 | Trinidad RV & Emerald Forest RV & Campground | ||||||||||||||||
10.02 | Property | 1 | Hacienda RV Resort | ||||||||||||||||
10.03 | Property | 1 | Gardena MHC & Apts | ||||||||||||||||
10.04 | Property | 1 | Fairmont MHC | ||||||||||||||||
10.05 | Property | 1 | Gansett MHC | ||||||||||||||||
10.06 | Property | 1 | Elsinore Hills RV Park | ||||||||||||||||
10.07 | Property | 1 | Flying A MHC | ||||||||||||||||
10.08 | Property | 1 | Golden Arrow MHC | ||||||||||||||||
11 | Loan | 15, 19 | 1 | Perry Hall Centre and Perry Hall Square | NAP | 132,885.85 | NAP | 1,594,630.20 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/27/2022 | 1 |
12 | Loan | 9, 10, 12, 16, 17, 19, 27, 32 | 1 | The Shoppes at Eagle Point | 168,459.24 | NAP | 2,021,510.88 | NAP | Amortizing Balloon | No | 30/360 | 0 | 0 | 120 | 119 | 360 | 359 | 4/28/2022 | 1 |
13 | Loan | 11, 16 | 1 | Village at Mitchell Ranch | NAP | 116,787.33 | NAP | 1,401,447.96 | Interest Only - ARD | Yes | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/14/2022 | 1 |
14 | Loan | 1, 6, 12, 19 | 14 | Twin Spans Business Park and Delaware River Industrial Park | NAP | 86,337.71 | NAP | 1,036,052.52 | Interest Only | No | Actual/360 | 120 | 116 | 120 | 116 | 0 | 0 | 1/28/2022 | 4 |
14.01 | Property | 1 | 350 Anchor Mill Road |
A-1-6 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Monthly Debt Service (P&I) ($) | Monthly Debt Service (IO) ($) | Annual Debt Service (P&I) ($) | Annual Debt Service (IO) ($) | Amortization Type | ARD Loan (Yes / No) | Interest Accrual Method | Original Interest-Only Period (Mos.) | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) | Remaining Amortization Term (Mos.) | Origination Date | Seasoning (Mos.) |
9 | 9 | 9 | 9 | 11 | |||||||||||||||
14.02 | Property | 1 | 301 Anchor Mill Road | ||||||||||||||||
14.03 | Property | 1 | 400 Ships Landing Way | ||||||||||||||||
14.04 | Property | 1 | 800 Ships Landing Way | ||||||||||||||||
14.05 | Property | 1 | 6 Dockview | ||||||||||||||||
14.06 | Property | 1 | 501 Ships Landing Way | ||||||||||||||||
14.07 | Property | 1 | 250 Anchor Mill Road | ||||||||||||||||
14.08 | Property | 1 | 10 Dockview Drive | ||||||||||||||||
14.09 | Property | 1 | 7 - 23 Harborview Drive | ||||||||||||||||
14.10 | Property | 1 | 200 Anchor Mill Road | ||||||||||||||||
14.11 | Property | 1 | 300 Anchor Mill Road | ||||||||||||||||
14.12 | Property | 1 | 27 - 55 Harborview Drive | ||||||||||||||||
14.13 | Property | 1 | 100 Ships Landing | ||||||||||||||||
14.14 | Property | 1 | 600 Ships Landing Way | ||||||||||||||||
15 | Loan | 6, 12 | 6 | Stockton Self Storage Portfolio | 136,414.15 | NAP | 1,636,969.80 | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 4/21/2022 | 1 |
15.01 | Property | 1 | Airport Road Self Storage | ||||||||||||||||
15.02 | Property | 1 | Morada Self Storage | ||||||||||||||||
15.03 | Property | 1 | Highway 88 Self Storage | ||||||||||||||||
15.04 | Property | 1 | Beckman Road Industrial | ||||||||||||||||
15.05 | Property | 1 | Highway 99 Self Storage | ||||||||||||||||
15.06 | Property | 1 | Eight Mile Road Self Storage | ||||||||||||||||
16 | Loan | 6, 7 | 2 | Deerfield and Courtyard Apartments | 131,934.91 | NAP | 1,583,218.92 | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 118 | 360 | 358 | 3/24/2022 | 2 |
16.01 | Property | 1 | Deerfield Apartments | ||||||||||||||||
16.02 | Property | 1 | Courtyard Apartments | ||||||||||||||||
17 | Loan | 6, 10 | 3 | ABC Mini Storage Portfolio | NAP | 90,299.48 | NAP | 1,083,593.76 | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/5/2022 | 0 |
17.01 | Property | 1 | ABC Mini Storage - West | ||||||||||||||||
17.02 | Property | 1 | ABC Mini Storage - Valley | ||||||||||||||||
17.03 | Property | 1 | ABC Mini Storage - North | ||||||||||||||||
18 | Loan | 20, 23 | 1 | Sawmill Plaza | 112,314.56 | NAP | 1,347,774.72 | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 5/10/2022 | 1 |
19 | Loan | 10, 13, 19, 20 | 1 | 4S Ranch Village Center | 92,859.46 | NAP | 1,114,313.52 | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 118 | 360 | 358 | 4/1/2022 | 2 |
20 | Loan | 1, 6, 19, 23 | 2 | The Summit | NAP | 42,400.83 | NAP | 508,809.96 | Interest Only | No | Actual/360 | 86 | 80 | 86 | 80 | 0 | 0 | 12/10/2021 | 6 |
20.01 | Property | 1 | Summit 1, 2 | ||||||||||||||||
20.02 | Property | 1 | Summit 3 | ||||||||||||||||
21 | Loan | 10, 19, 20 | 1 | Hamilton Commons | NAP | 45,962.96 | NAP | 551,555.52 | Interest Only | No | Actual/360 | 120 | 93 | 120 | 93 | 0 | 0 | 2/19/2020 | 27 |
22 | Loan | 15, 19 | 1 | Church Ranch Corporate Center | NAP | 76,024.35 | NAP | 912,292.20 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/5/2022 | 1 |
23 | Loan | 6, 12, 19 | 2 | Oak Ridge Office Park | 75,521.98 | NAP | 906,263.76 | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 113 | 360 | 353 | 10/29/2021 | 7 |
23.01 | Property | 1 | Oak Ridge Technical Center | ||||||||||||||||
23.02 | Property | 1 | Oak Ridge Corporate Center | ||||||||||||||||
24 | Loan | 2, 13, 19, 20, 23 | 1 | Kalamazoo Distribution Center | NAP | 68,964.28 | NAP | 827,571.36 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/25/2022 | 1 |
25 | Loan | 6 | 2 | Corpus Christi Portfolio | 81,643.00 | NAP | 979,716.00 | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 118 | 360 | 358 | 4/7/2022 | 2 |
25.01 | Property | 1 | The Staybridge Suites | ||||||||||||||||
25.02 | Property | 1 | The Holiday Inn Express & Suites | ||||||||||||||||
26 | Loan | 15, 19 | 1 | Rosedale & Soundview | NAP | 56,714.16 | NAP | 680,569.92 | Interest Only | No | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 4/11/2022 | 2 |
27 | Loan | 15 | 1 | Panther Lake Shopping Center | NAP | 61,137.50 | NAP | 733,650.00 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/3/2022 | 1 |
28 | Loan | 1 | Biotrial Medical Center | NAP | 62,607.64 | NAP | 751,291.68 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/6/2022 | 1 | |
29 | Loan | 1, 6, 12, 15, 19, 20, 23 | 6 | Moonwater Office Portfolio | 63,952.19 | 46,681.13 | 767,426.28 | 560,173.56 | Interest Only, Amortizing Balloon | No | Actual/360 | 48 | 43 | 120 | 115 | 360 | 360 | 12/30/2021 | 5 |
29.01 | Property | 1 | 6543 Las Vegas Boulevard South | ||||||||||||||||
29.02 | Property | 1 | 6226 West Sahara Avenue | ||||||||||||||||
29.03 | Property | 1 | 10190 Covington Cross Drive | ||||||||||||||||
29.04 | Property | 1 | 1450 Center Crossing Road | ||||||||||||||||
29.05 | Property | 1 | 6551 Las Vegas Boulevard South | ||||||||||||||||
29.06 | Property | 1 | 9901-9921 Covington Cross Drive | ||||||||||||||||
30 | Loan | 15, 19 | 1 | Magnolia Square | 69,457.25 | 56,075.16 | 833,487.00 | 672,901.92 | Interest Only, Amortizing Balloon | No | Actual/360 | 12 | 11 | 120 | 119 | 360 | 360 | 4/12/2022 | 1 |
31 | Loan | 15, 19, 28 | 1 | Nona Commons | 57,914.21 | 41,468.06 | 694,970.52 | 497,616.72 | Interest Only, Amortizing Balloon | No | Actual/360 | 36 | 33 | 120 | 117 | 360 | 360 | 3/8/2022 | 3 |
32 | Loan | 16, 19 | 1 | Walgreens - St Paul | NAP | 49,917.13 | NAP | 599,005.56 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/13/2022 | 1 |
33 | Loan | 6 | 2 | Aragona Retail Portfolio | NAP | 41,392.01 | NAP | 496,704.17 | Interest Only | No | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 4/1/2022 | 2 |
33.01 | Property | 1 | Macomb Centre Plaza | ||||||||||||||||
33.02 | Property | 1 | River Park Plaza | ||||||||||||||||
34 | Loan | 15 | 1 | Centennial Plaza | 47,735.76 | 33,787.85 | 572,829.12 | 405,454.20 | Interest Only, Amortizing Balloon | No | Actual/360 | 24 | 20 | 120 | 116 | 360 | 360 | 2/3/2022 | 4 |
35 | Loan | 17 | 1 | Great American Self Storage | NAP | 46,517.22 | NAP | 558,206.64 | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/5/2022 | 0 |
36 | Loan | 15, 19, 21 | 1 | South Valley Center | NAP | 41,256.83 | NAP | 495,081.96 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/28/2022 | 1 |
37 | Loan | 13, 19 | 1 | 127 8th Avenue Leased Fee | 49,413.44 | NAP | 592,961.28 | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 5/5/2022 | 1 |
38 | Loan | 10, 30 | 1 | Go Store It Crossville | NAP | 37,792.71 | NAP | 453,512.52 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/26/2022 | 1 |
39 | Loan | 2, 3, 16, 19, 27 | 1 | 965-977 Frankford Avenue | NAP | 38,743.23 | NAP | 464,918.76 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/13/2022 | 1 |
40 | Loan | 16, 19 | 1 | Home2 Suites Bedford | 45,842.64 | NAP | 550,111.68 | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 118 | 360 | 358 | 3/9/2022 | 2 |
41 | Loan | 13, 16, 32 | 1 | Edwards Landing Apartments | NAP | 37,954.30 | NAP | 455,451.60 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/21/2022 | 1 |
42 | Loan | 1 | Holiday Inn Express - Memphis, TN | 38,930.62 | NAP | 467,167.44 | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 118 | 360 | 358 | 3/30/2022 | 2 | |
43 | Loan | 19 | 1 | Shops at The Domain | 37,455.44 | 30,342.31 | 449,465.28 | 364,107.72 | Interest Only, Amortizing Balloon | No | Actual/360 | 60 | 58 | 120 | 118 | 360 | 360 | 4/7/2022 | 2 |
44 | Loan | 16, 30 | 1 | 275 Commerce | 34,218.07 | 28,084.72 | 410,616.84 | 337,016.67 | Interest Only, Amortizing Balloon | No | Actual/360 | 36 | 35 | 120 | 119 | 360 | 360 | 5/6/2022 | 1 |
45 | Loan | 11, 19 | 1 | CVS Pawtucket | NAP | 26,619.65 | NAP | 319,435.80 | Interest Only - ARD | Yes | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 3/25/2022 | 2 |
46 | Loan | 5, 19 | 1 | Candlewood Suites Elgin | 30,305.99 | NAP | 363,671.88 | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 93 | 300 | 273 | 2/26/2020 | 27 |
47 | Loan | 1 | Load and Lock Self Storage | NAP | 26,586.28 | NAP | 319,035.36 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/6/2022 | 1 | |
48 | Loan | 15 | 1 | Hartsville Crossing | NAP | 23,078.65 | NAP | 276,943.80 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/28/2022 | 1 |
49 | Loan | 1 | Washington MHC Portfolio | NAP | 22,939.24 | NAP | 275,270.88 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/5/2022 | 1 | |
50 | Loan | 20 | 1 | 5400-5450 W. Atlantic Blvd | NAP | 18,532.20 | NAP | 222,386.40 | Interest Only | No | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 4/4/2022 | 2 |
51 | Loan | 19 | 1 | Walgreens McDonough | NAP | 18,701.18 | NAP | 224,414.16 | Interest Only | No | Actual/360 | 114 | 113 | 114 | 113 | 0 | 0 | 4/13/2022 | 1 |
52 | Loan | 16 | 1 | 701 Van Duzer Street | NAP | 16,802.67 | NAP | 201,632.08 | Interest Only | No | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 3/24/2022 | 2 |
53 | Loan | 20 | 1 | Marymoor Self Storage | NAP | 16,865.62 | NAP | 202,387.44 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/5/2022 | 1 |
54 | Loan | 1 | 28818 Cinco Ranch | NAP | 17,825.86 | NAP | 213,910.28 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/7/2022 | 1 | |
55 | Loan | 16 | 1 | The Storage Depot | NAP | 15,328.73 | NAP | 183,944.79 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/29/2022 | 1 |
56 | Loan | 19 | 1 | Walgreens Plainfield | NAP | 12,562.08 | NAP | 150,744.96 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/13/2022 | 1 |
57 | Loan | 16 | 1 | CVS Fourth Street | 15,375.26 | NAP | 184,503.12 | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 118 | 360 | 358 | 3/24/2022 | 2 |
58 | Loan | 19 | 1 | Walgreens House Springs | NAP | 10,220.00 | NAP | 122,640.00 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/13/2022 | 1 |
59 | Loan | 1 | Inner Space Storage | NAP | 5,524.85 | NAP | 66,298.20 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/20/2022 | 1 | |
60 | Loan | 2 | 1 | Lamplighter MHC | 7,102.29 | 5,961.67 | 85,227.48 | 71,540.04 | Interest Only, Amortizing Balloon | No | Actual/360 | 36 | 35 | 120 | 119 | 360 | 360 | 4/22/2022 | 1 |
A-1-7 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Payment Due Date | First Payment Date | First P&I Payment Date | Maturity Date or Anticipated Repayment Date | Final Maturity Date | Grace Period - Late Fee (Days) | Grace Period - Default (Days) | Prepayment Provision | Most Recent EGI ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent NOI Date | Most Recent Description |
10 | 12 | 28 | |||||||||||||||
1 | Loan | 6, 10,12 | 5 | Houston Multifamily Portfolio | 1 | 7/1/2022 | NAP | 6/1/2032 | 6/1/2032 | 5 | 5 | L(24),D(92),O(4) | 17,044,863 | 9,209,318 | 7,835,545 | 2/28/2022 | T-12 |
1.01 | Property | 1 | Providence at Memorial | 4,265,086 | 2,243,049 | 2,022,037 | 2/28/2022 | T-12 | |||||||||
1.02 | Property | 1 | Diamond Hill | 3,359,679 | 1,975,427 | 1,384,252 | 2/28/2022 | T-12 | |||||||||
1.03 | Property | 1 | Casa Del Mar | 3,571,236 | 1,880,386 | 1,690,850 | 2/28/2022 | T-12 | |||||||||
1.04 | Property | 1 | Sedona Pointe | 3,425,165 | 1,738,407 | 1,686,758 | 2/28/2022 | T-12 | |||||||||
1.05 | Property | 1 | Buena Vista | 2,423,697 | 1,372,049 | 1,051,648 | 2/28/2022 | T-12 | |||||||||
2 | Loan | 1, 2, 3, 6, 12, 13, 14, 19 | 2 | Yorkshire & Lexington Towers | 6 | 7/6/2022 | NAP | 6/6/2027 | 6/6/2027 | 0 | 0 | L(24),D(31),O(5) | 40,995,144 | 15,672,705 | 25,322,439 | 2/28/2022 | T-12 |
2.01 | Property | 1 | Yorkshire Towers | NAV | NAV | NAV | NAV | NAV | |||||||||
2.02 | Property | 1 | Lexington Towers | NAV | NAV | NAV | NAV | NAV | |||||||||
3 | Loan | 10, 13, 19, 21, 24 | 1 | 1888 Century Park East | 6 | 1/6/2022 | NAP | 12/6/2031 | 12/6/2031 | 5 | 0 | L(6),YM1(24),DorYM1(84),O(6) | 30,783,815 | 11,274,350 | 19,509,465 | 10/31/2021 | T-12 |
4 | Loan | 12, 15, 16, 19, 24 | 1 | 3075 Olcott | 6 | 5/6/2022 | NAP | 4/6/2032 | 4/6/2032 | 10 | 0 | L(26),D(87),O(7) | NAV | NAV | NAV | NAV | NAV |
5 | Loan | 12, 16, 24 | 1 | 70 Hudson Street | 8 | 4/8/2022 | NAP | 3/8/2027 | 3/8/2027 | 0 | 0 | YM1(27),DorYM1(26),O(7) | 19,707,190 | 5,408,854 | 14,298,336 | 12/31/2021 | T-12 |
6 | Loan | 1, 6, 10, 12, 16, 30 | 34 | ExchangeRight Net Leased Portfolio #55 | 1 | 6/1/2022 | NAP | 5/1/2032 | 5/1/2032 | 5 | 0 | L(25),D(90),O(5) | NAV | NAV | NAV | NAV | NAV |
6.01 | Property | 1 | Walmart Neighborhood Market - Prairieville (Airline), LA | NAV | NAV | NAV | NAV | NAV | |||||||||
6.02 | Property | 1 | Pick N Save - Sun Prairie (Main), WI | NAV | NAV | NAV | NAV | NAV | |||||||||
6.03 | Property | 1 | Schnucks - Love's Park (Harlem), IL | NAV | NAV | NAV | NAV | NAV | |||||||||
6.04 | Property | 1 | Walmart Neighborhood Market - Thibodaux (Main), LA | NAV | NAV | NAV | NAV | NAV | |||||||||
6.05 | Property | 1 | Walmart Neighborhood Market - Houma (Park), LA | NAV | NAV | NAV | NAV | NAV | |||||||||
6.06 | Property | 1 | Publix - Decatur (Point), AL | NAV | NAV | NAV | NAV | NAV | |||||||||
6.07 | Property | 1 | PNC Bank - Clarendon Hills (Holmes), IL | NAV | NAV | NAV | NAV | NAV | |||||||||
6.08 | Property | 1 | Walmart Neighborhood Market - New Iberia (Parkview), LA | NAV | NAV | NAV | NAV | NAV | |||||||||
6.09 | Property | 1 | Walmart Neighborhood Market - Opelousas (Union), LA | NAV | NAV | NAV | NAV | NAV | |||||||||
6.10 | Property | 1 | Walmart Neighborhood Market - Meraux (Archbishop), LA | NAV | NAV | NAV | NAV | NAV | |||||||||
6.11 | Property | 1 | CVS Pharmacy - Auburn (Opelika), AL | NAV | NAV | NAV | NAV | NAV | |||||||||
6.12 | Property | 1 | Huntington Bank- Clarksburg (Pike), WV | NAV | NAV | NAV | NAV | NAV | |||||||||
6.13 | Property | 1 | CVS Pharmacy - Grand Rapids (Fuller), MI | NAV | NAV | NAV | NAV | NAV | |||||||||
6.14 | Property | 1 | O'Reilly Auto Parts - Madison (Commerce), WI | NAV | NAV | NAV | NAV | NAV | |||||||||
6.15 | Property | 1 | U.S. Bank - Northlake (North), IL | NAV | NAV | NAV | NAV | NAV | |||||||||
6.16 | Property | 1 | CVS - Tullahoma (Jackson), TN | NAV | NAV | NAV | NAV | NAV | |||||||||
6.17 | Property | 1 | 7-Eleven- La Grange (Ogden), IL | NAV | NAV | NAV | NAV | NAV | |||||||||
6.18 | Property | 1 | U.S. Bank - Elk Grove Village (Devon), IL | NAV | NAV | NAV | NAV | NAV | |||||||||
6.19 | Property | 1 | Sherwin Williams - Marysville (Fifth), OH | NAV | NAV | NAV | NAV | NAV | |||||||||
6.20 | Property | 1 | O'Reilly - Owensboro (Bold Forbes), KY | NAV | NAV | NAV | NAV | NAV | |||||||||
6.21 | Property | 1 | PNC Bank - Aurora (Galena), IL | NAV | NAV | NAV | NAV | NAV | |||||||||
6.22 | Property | 1 | NAPA Auto Parts - Downers Grove (Ogden), IL | NAV | NAV | NAV | NAV | NAV | |||||||||
6.23 | Property | 1 | Family Dollar - Cuyahoga Falls (Bailey), OH | NAV | NAV | NAV | NAV | NAV | |||||||||
6.24 | Property | 1 | Dollar General - Lewiston (Sabattus), ME | NAV | NAV | NAV | NAV | NAV | |||||||||
6.25 | Property | 1 | U.S. Bank - Niles (Dempster), IL | NAV | NAV | NAV | NAV | NAV | |||||||||
6.26 | Property | 1 | Dollar Tree - Des Plaines (Rand), IL | NAV | NAV | NAV | NAV | NAV | |||||||||
6.27 | Property | 1 | Dollar General - Odessa (University), TX | NAV | NAV | NAV | NAV | NAV | |||||||||
6.28 | Property | 1 | Dollar General - Weber City, (Hwy 23), VA | NAV | NAV | NAV | NAV | NAV | |||||||||
6.29 | Property | 1 | Dollar General- Springtown (Highway), TX | NAV | NAV | NAV | NAV | NAV | |||||||||
6.30 | Property | 1 | Sherwin Williams - Champaign (Marketview), IL | NAV | NAV | NAV | NAV | NAV | |||||||||
6.31 | Property | 1 | Dollar General - Holly (Saginaw), MI | NAV | NAV | NAV | NAV | NAV | |||||||||
6.32 | Property | 1 | Dollar General - Dyer (Sheffield), IN | NAV | NAV | NAV | NAV | NAV | |||||||||
6.33 | Property | 1 | Dollar General - Lubbock (University), TX | NAV | NAV | NAV | NAV | NAV | |||||||||
6.34 | Property | 1 | Citizens Bank - Wilmington (Marsh), DE | NAV | NAV | NAV | NAV | NAV | |||||||||
7 | Loan | 1, 12, 13, 15, 19, 27, 30 | 1 | Bell Works | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(92),O(3) | 31,757,320 | 16,577,630 | 15,179,689 | 2/28/2022 | T-12 |
8 | Loan | 1, 5, 6, 12, 13, 19, 29 | 17 | ILPT Logistics Portfolio | 6 | 4/6/2022 | NAP | 3/6/2032 | 3/6/2032 | 0 | 0 | YM0.5(113),O(7) | 51,220,405 | 9,974,466 | 41,245,939 | 12/31/2021 | T-12 |
8.01 | Property | 1 | 4000 Principio Parkway | 6,199,172 | 1,165,652 | 5,033,520 | 12/31/2021 | T-12 | |||||||||
8.02 | Property | 1 | 2020 Joe B. Jackson Parkway | 5,183,806 | 771,007 | 4,412,799 | 12/31/2021 | T-12 | |||||||||
8.03 | Property | 1 | 1901 Meadowville Technology Parkway | 6,495,036 | 1,424,674 | 5,070,362 | 12/31/2021 | T-12 | |||||||||
8.04 | Property | 1 | 52 Pettengill Road | 4,722,999 | 1,373,021 | 3,349,978 | 12/31/2021 | T-12 | |||||||||
8.05 | Property | 1 | 510 John Dodd Road | 4,786,492 | 430,808 | 4,355,683 | 12/31/2021 | T-12 | |||||||||
8.06 | Property | 1 | 309 Dulty's Lane | 3,608,303 | 155,003 | 3,453,300 | 12/31/2021 | T-12 | |||||||||
8.07 | Property | 1 | 5300 Centerpoint Parkway | 3,079,812 | 464,041 | 2,615,772 | 12/31/2021 | T-12 | |||||||||
8.08 | Property | 1 | 17001 West Mercury Street | 3,069,221 | 371,421 | 2,697,801 | 12/31/2021 | T-12 | |||||||||
8.09 | Property | 1 | 725 Darlington Avenue | 2,537,246 | 958,219 | 1,579,028 | 12/31/2021 | T-12 | |||||||||
8.10 | Property | 1 | 10100 89th Avenue N | 2,004,689 | 1,013,374 | 991,315 | 12/31/2021 | T-12 | |||||||||
8.11 | Property | 1 | 7303 Rickenbacker Parkway West | 836,398 | 95,463 | 740,935 | 12/31/2021 | T-12 | |||||||||
8.12 | Property | 1 | 4836 Hickory Hill Road | 1,452,723 | 239,607 | 1,213,116 | 12/31/2021 | T-12 | |||||||||
8.13 | Property | 1 | 7000 West Post Road | 1,379,748 | 155,506 | 1,224,242 | 12/31/2021 | T-12 | |||||||||
8.14 | Property | 1 | 3201 Bearing Drive | 1,563,348 | 92,989 | 1,470,359 | 12/31/2021 | T-12 | |||||||||
8.15 | Property | 1 | 900 Commerce Parkway West Drive | 1,598,870 | 518,998 | 1,079,871 | 12/31/2021 | T-12 | |||||||||
8.16 | Property | 1 | 6825 West County Road 400 North | 1,621,864 | 509,091 | 1,112,773 | 12/31/2021 | T-12 | |||||||||
8.17 | Property | 1 | 951 Trails Road | 1,080,677 | 235,593 | 845,084 | 12/31/2021 | T-12 | |||||||||
9 | Loan | 6, 12, 13, 15, 19, 20, 24, 28 | 5 | Phoenix Industrial Portfolio VIII | 6 | 7/6/2022 | 7/6/2027 | 6/6/2032 | 6/6/2032 | 0 | 0 | L(24),D(90),O(6) | 6,975,351 | 2,073,354 | 4,901,997 | 2/28/2022 | T-12 |
9.01 | Property | 1 | West Mifflin, PA | 2,486,681 | 689,675 | 1,797,006 | 2/28/2022 | T-12 | |||||||||
9.02 | Property | 1 | Church Hill, TN | 2,140,551 | 845,178 | 1,295,373 | 2/28/2022 | T-12 | |||||||||
9.03 | Property | 1 | Mossville, IL | 1,117,297 | 171,590 | 945,707 | 2/28/2022 | T-12 | |||||||||
9.04 | Property | 1 | Eldon, MO | 884,318 | 294,002 | 590,316 | 2/28/2022 | T-12 | |||||||||
9.05 | Property | 1 | Kingsport, TN | 346,505 | 72,909 | 273,595 | 2/28/2022 | T-12 | |||||||||
10 | Loan | 2, 4, 6, 16 | 8 | BVG Portfolio III | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(91),O(4) | 6,349,847 | 3,191,625 | 3,158,222 | 2/28/2022 | T-12 |
10.01 | Property | 1 | Trinidad RV & Emerald Forest RV & Campground | 2,333,597 | 1,432,678 | 900,919 | 2/28/2022 | T-12 | |||||||||
10.02 | Property | 1 | Hacienda RV Resort | 1,212,833 | 622,280 | 590,553 | 2/28/2022 | T-12 | |||||||||
10.03 | Property | 1 | Gardena MHC & Apts | 777,333 | 324,130 | 453,203 | 2/28/2022 | T-12 | |||||||||
10.04 | Property | 1 | Fairmont MHC | 540,795 | 187,510 | 353,285 | 2/28/2022 | T-12 | |||||||||
10.05 | Property | 1 | Gansett MHC | 360,675 | 149,206 | 211,469 | 2/28/2022 | T-12 | |||||||||
10.06 | Property | 1 | Elsinore Hills RV Park | 547,822 | 232,580 | 315,242 | 2/28/2022 | T-12 | |||||||||
10.07 | Property | 1 | Flying A MHC | 380,002 | 166,723 | 213,279 | 2/28/2022 | T-12 | |||||||||
10.08 | Property | 1 | Golden Arrow MHC | 196,790 | 76,518 | 120,272 | 2/28/2022 | T-12 | |||||||||
11 | Loan | 15, 19 | 1 | Perry Hall Centre and Perry Hall Square | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(92),O(3) | 3,815,258 | 1,039,264 | 2,775,995 | 12/31/2021 | T-12 |
12 | Loan | 9, 10, 12, 16, 17, 19, 27, 32 | 1 | The Shoppes at Eagle Point | 6 | 6/6/2022 | 6/6/2022 | 5/6/2032 | 5/6/2032 | 1 time 5 day grace | 0 | L(25),D(91),O(4) | 5,190,981 | 1,009,975 | 4,181,006 | 2/28/2022 | T-12 |
13 | Loan | 11, 16 | 1 | Village at Mitchell Ranch | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2034 | 0 | 0 | L(25),D(91),O(4) | 4,738,602 | 1,003,327 | 3,735,275 | 2/28/2022 | T-12 |
14 | Loan | 1, 6, 12, 19 | 14 | Twin Spans Business Park and Delaware River Industrial Park | 6 | 3/6/2022 | NAP | 2/6/2032 | 2/6/2032 | 0 | 0 | L(28),D(88),O(4) | 14,588,352 | 3,593,010 | 10,995,342 | 11/30/2021 | T-12 |
14.01 | Property | 1 | 350 Anchor Mill Road | 2,714,828 | 648,904 | 2,065,924 | 11/30/2021 | T-12 |
A-1-8 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Payment Due Date | First Payment Date | First P&I Payment Date | Maturity Date or Anticipated Repayment Date | Final Maturity Date | Grace Period - Late Fee (Days) | Grace Period - Default (Days) | Prepayment Provision | Most Recent EGI ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent NOI Date | Most Recent Description |
10 | 12 | 28 | |||||||||||||||
14.02 | Property | 1 | 301 Anchor Mill Road | 2,063,290 | 510,567 | 1,552,723 | 11/30/2021 | T-12 | |||||||||
14.03 | Property | 1 | 400 Ships Landing Way | 1,459,757 | 405,751 | 1,054,007 | 11/30/2021 | T-12 | |||||||||
14.04 | Property | 1 | 800 Ships Landing Way | 1,555,729 | 387,481 | 1,168,248 | 11/30/2021 | T-12 | |||||||||
14.05 | Property | 1 | 6 Dockview | 1,477,509 | 266,438 | 1,211,071 | 11/30/2021 | T-12 | |||||||||
14.06 | Property | 1 | 501 Ships Landing Way | 998,980 | 317,272 | 681,707 | 11/30/2021 | T-12 | |||||||||
14.07 | Property | 1 | 250 Anchor Mill Road | 861,207 | 195,437 | 665,770 | 11/30/2021 | T-12 | |||||||||
14.08 | Property | 1 | 10 Dockview Drive | 699,152 | 157,793 | 541,360 | 11/30/2021 | T-12 | |||||||||
14.09 | Property | 1 | 7 - 23 Harborview Drive | 569,908 | 98,535 | 471,373 | 11/30/2021 | T-12 | |||||||||
14.10 | Property | 1 | 200 Anchor Mill Road | 631,087 | 181,826 | 449,261 | 11/30/2021 | T-12 | |||||||||
14.11 | Property | 1 | 300 Anchor Mill Road | 631,044 | 205,491 | 425,553 | 11/30/2021 | T-12 | |||||||||
14.12 | Property | 1 | 27 - 55 Harborview Drive | 614,614 | 102,143 | 512,471 | 11/30/2021 | T-12 | |||||||||
14.13 | Property | 1 | 100 Ships Landing | 311,247 | 91,375 | 219,873 | 11/30/2021 | T-12 | |||||||||
14.14 | Property | 1 | 600 Ships Landing Way | 0 | 23,999 | (23,999) | 11/30/2021 | T-12 | |||||||||
15 | Loan | 6, 12 | 6 | Stockton Self Storage Portfolio | 6 | 6/6/2022 | 6/6/2022 | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(90),O(5) | 5,970,246 | 1,630,939 | 4,339,307 | 3/31/2022 | T-12 |
15.01 | Property | 1 | Airport Road Self Storage | 2,005,527 | 485,294 | 1,520,233 | 3/31/2022 | T-12 | |||||||||
15.02 | Property | 1 | Morada Self Storage | 1,315,587 | 383,764 | 931,823 | 3/31/2022 | T-12 | |||||||||
15.03 | Property | 1 | Highway 88 Self Storage | 812,742 | 270,382 | 542,360 | 3/31/2022 | T-12 | |||||||||
15.04 | Property | 1 | Beckman Road Industrial | 647,212 | 53,544 | 593,668 | 3/31/2022 | T-12 | |||||||||
15.05 | Property | 1 | Highway 99 Self Storage | 718,354 | 273,677 | 444,677 | 3/31/2022 | T-12 | |||||||||
15.06 | Property | 1 | Eight Mile Road Self Storage | 470,824 | 164,277 | 306,547 | 3/31/2022 | T-12 | |||||||||
16 | Loan | 6, 7 | 2 | Deerfield and Courtyard Apartments | 6 | 5/6/2022 | 5/6/2022 | 4/6/2032 | 4/6/2032 | 0 | 0 | L(24),YM1(92),O(4) | 3,822,677 | 1,669,297 | 2,153,380 | 1/31/2022 | T-12 |
16.01 | Property | 1 | Deerfield Apartments | 1,875,880 | 798,012 | 1,077,868 | 1/31/2022 | T-12 | |||||||||
16.02 | Property | 1 | Courtyard Apartments | 1,946,797 | 871,285 | 1,075,512 | 1/31/2022 | T-12 | |||||||||
17 | Loan | 6, 10 | 3 | ABC Mini Storage Portfolio | 1 | 7/1/2022 | NAP | 6/1/2032 | 6/1/2032 | 0 | 5 | L(24),D(89),O(7) | 4,199,672 | 1,105,490 | 3,094,181 | 2/28/2022 | T-12 |
17.01 | Property | 1 | ABC Mini Storage - West | 1,688,019 | 508,268 | 1,179,751 | 2/28/2022 | T-12 | |||||||||
17.02 | Property | 1 | ABC Mini Storage - Valley | 1,476,910 | 353,819 | 1,123,090 | 2/28/2022 | T-12 | |||||||||
17.03 | Property | 1 | ABC Mini Storage - North | 1,034,743 | 243,403 | 791,340 | 2/28/2022 | T-12 | |||||||||
18 | Loan | 20, 23 | 1 | Sawmill Plaza | 6 | 6/6/2022 | 6/6/2022 | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(91),O(4) | 3,161,044 | 912,983 | 2,248,060 | 3/31/2022 | T-12 |
19 | Loan | 10, 13, 19, 20 | 1 | 4S Ranch Village Center | 1 | 5/1/2022 | 5/1/2022 | 4/1/2032 | 4/1/2032 | 5 | 0 | L(60),YM1(56),O(4) | 2,874,325 | 785,798 | 2,088,527 | 1/31/2022 | T-12 |
20 | Loan | 1, 6, 19, 23 | 2 | The Summit | 6 | 1/6/2022 | NAP | 2/6/2029 | 2/6/2029 | 0 | 0 | L(24),YM1(6),DorYM1(49),O(7) | 28,769,626 | 7,919,733 | 20,849,893 | 12/31/2020 | T-12 |
20.01 | Property | 1 | Summit 1, 2 | NAV | NAV | NAV | NAV | NAV | |||||||||
20.02 | Property | 1 | Summit 3 | NAV | NAV | NAV | NAV | NAV | |||||||||
21 | Loan | 10, 19, 20 | 1 | Hamilton Commons | 1 | 4/1/2020 | NAP | 3/1/2030 | 3/1/2030 | 5 | 5 | L(51),D(65),O(4) | 7,619,744 | 1,993,868 | 5,625,876 | 1/31/2022 | T-12 |
22 | Loan | 15, 19 | 1 | Church Ranch Corporate Center | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),YM1(91),O(4) | 2,727,530 | 1,182,218 | 1,545,312 | 3/31/2022 | T-12 |
23 | Loan | 6, 12, 19 | 2 | Oak Ridge Office Park | 5 | 12/5/2021 | 12/5/2021 | 11/5/2031 | 11/5/2031 | 0 | 0 | L(31),D(86),O(3) | 6,819,557 | 3,190,601 | 3,628,955 | 1/31/2022 | T-12 |
23.01 | Property | 1 | Oak Ridge Technical Center | 4,415,611 | 1,988,962 | 2,426,649 | 1/31/2022 | T-12 | |||||||||
23.02 | Property | 1 | Oak Ridge Corporate Center | 2,403,946 | 1,201,639 | 1,202,306 | 1/31/2022 | T-12 | |||||||||
24 | Loan | 2, 13, 19, 20, 23 | 1 | Kalamazoo Distribution Center | 1 | 6/1/2022 | NAP | 5/1/2032 | 5/1/2032 | 0 | 0 | L(25),D(91),O(4) | 1,233,551 | 373,419 | 860,132 | 3/31/2022 | T-12 |
25 | Loan | 6 | 2 | Corpus Christi Portfolio | 6 | 5/6/2022 | 5/6/2022 | 4/6/2032 | 4/6/2032 | 0 | 0 | L(26),D(90),O(4) | 5,431,241 | 3,379,052 | 2,052,189 | 2/28/2022 | T-12 |
25.01 | Property | 1 | The Staybridge Suites | 2,719,766 | 1,717,301 | 1,002,465 | 2/28/2022 | T-12 | |||||||||
25.02 | Property | 1 | The Holiday Inn Express & Suites | 2,711,474 | 1,661,750 | 1,049,724 | 2/28/2022 | T-12 | |||||||||
26 | Loan | 15, 19 | 1 | Rosedale & Soundview | 6 | 5/6/2022 | NAP | 4/6/2032 | 4/6/2032 | 0 | 0 | L(26),D(89),O(5) | 2,437,122 | 599,187 | 1,837,935 | 2/28/2022 | T-12 |
27 | Loan | 15 | 1 | Panther Lake Shopping Center | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(24),YM1(92),O(4) | 1,891,079 | 497,236 | 1,393,843 | 2/28/2022 | T-12 |
28 | Loan | 1 | Biotrial Medical Center | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(91),O(4) | 1,902,000 | 0 | 1,902,000 | 4/30/2022 | T-12 | |
29 | Loan | 1, 6, 12, 15, 19, 20, 23 | 6 | Moonwater Office Portfolio | 6 | 2/6/2022 | 2/6/2026 | 1/6/2032 | 1/6/2032 | 0 | 0 | L(29),D(86),O(5) | 12,431,178 | 2,406,855 | 10,024,323 | 7/31/2021 | T-12 |
29.01 | Property | 1 | 6543 Las Vegas Boulevard South | 3,840,245 | 734,937 | 3,105,308 | 7/31/2021 | T-12 | |||||||||
29.02 | Property | 1 | 6226 West Sahara Avenue | 3,089,004 | 44,259 | 3,044,745 | 7/31/2021 | T-12 | |||||||||
29.03 | Property | 1 | 10190 Covington Cross Drive | 1,850,090 | 623,322 | 1,226,769 | 7/31/2021 | T-12 | |||||||||
29.04 | Property | 1 | 1450 Center Crossing Road | 1,571,908 | 341,523 | 1,230,385 | 7/31/2021 | T-12 | |||||||||
29.05 | Property | 1 | 6551 Las Vegas Boulevard South | 1,044,228 | 232,774 | 811,453 | 7/31/2021 | T-12 | |||||||||
29.06 | Property | 1 | 9901-9921 Covington Cross Drive | 1,035,702 | 430,041 | 605,662 | 7/31/2021 | T-12 | |||||||||
30 | Loan | 15, 19 | 1 | Magnolia Square | 6 | 6/6/2022 | 6/6/2023 | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(91),O(4) | 1,223,656 | 403,099 | 820,556 | 2/28/2022 | T-12 |
31 | Loan | 15, 19, 28 | 1 | Nona Commons | 6 | 4/6/2022 | 4/6/2025 | 3/6/2032 | 3/6/2032 | 0 | 0 | L(27),D(88),O(5) | 1,650,893 | 518,427 | 1,132,466 | 1/31/2022 | T-12 |
32 | Loan | 16, 19 | 1 | Walgreens - St Paul | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(91),O(4) | NAV | NAV | NAV | NAV | NAV |
33 | Loan | 6 | 2 | Aragona Retail Portfolio | 6 | 5/6/2022 | NAP | 4/6/2032 | 4/6/2032 | 0 | 0 | L(26),D(90),O(4) | 1,670,653 | 449,245 | 1,221,408 | 2/28/2022 | T-12 |
33.01 | Property | 1 | Macomb Centre Plaza | 1,244,399 | 337,140 | 907,259 | 2/28/2022 | T-12 | |||||||||
33.02 | Property | 1 | River Park Plaza | 426,254 | 112,105 | 314,149 | 2/28/2022 | T-12 | |||||||||
34 | Loan | 15 | 1 | Centennial Plaza | 6 | 3/6/2022 | 3/6/2024 | 2/6/2032 | 2/6/2032 | 0 | 0 | L(28),D(88),O(4) | 1,676,214 | 410,074 | 1,266,140 | 12/31/2021 | T-12 |
35 | Loan | 17 | 1 | Great American Self Storage | 1 | 7/1/2022 | NAP | 6/1/2032 | 6/1/2032 | 0 | 0 | L(60),YM1(56),O(4) | 1,485,516 | 580,392 | 905,124 | 1/31/2022 | T-12 |
36 | Loan | 15, 19, 21 | 1 | South Valley Center | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 5 | 0 | L(25),D(91),O(4) | 1,156,879 | 294,112 | 862,767 | 1/31/2022 | T-12 |
37 | Loan | 13, 19 | 1 | 127 8th Avenue Leased Fee | 6 | 6/6/2022 | 6/6/2022 | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(88),O(7) | 835,569 | 0 | 835,569 | 3/31/2022 | T-12 |
38 | Loan | 10, 30 | 1 | Go Store It Crossville | 1 | 6/1/2022 | NAP | 5/1/2032 | 5/1/2032 | 0 | 5 | L(25),D(91),O(4) | 1,177,725 | 183,965 | 993,759 | 1/31/2022 | T-12 |
39 | Loan | 2, 3, 16, 19, 27 | 1 | 965-977 Frankford Avenue | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(91),O(4) | 632,526 | 249,181 | 383,345 | 2/28/2022 | T-12 |
40 | Loan | 16, 19 | 1 | Home2 Suites Bedford | 6 | 5/6/2022 | 5/6/2022 | 4/6/2032 | 4/6/2032 | 0 | 0 | L(26),D(90),O(4) | 2,723,321 | 1,206,529 | 1,516,793 | 1/31/2022 | T-12 |
41 | Loan | 13, 16, 32 | 1 | Edwards Landing Apartments | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(91),O(4) | 1,108,753 | 205,434 | 903,319 | 2/28/2022 | T-12 |
42 | Loan | 1 | Holiday Inn Express - Memphis, TN | 6 | 5/6/2022 | 5/6/2022 | 4/6/2032 | 4/6/2032 | 0 | 0 | L(26),D(90),O(4) | 2,986,074 | 1,807,882 | 1,178,192 | 12/31/2021 | T-12 | |
43 | Loan | 19 | 1 | Shops at The Domain | 6 | 5/6/2022 | 5/6/2027 | 4/6/2032 | 4/6/2032 | 0 | 0 | L(26),D(90),O(4) | 932,776 | 278,077 | 654,699 | 12/31/2021 | T-12 |
44 | Loan | 16, 30 | 1 | 275 Commerce | 6 | 6/6/2022 | 6/6/2025 | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(91),O(4) | NAV | NAV | NAV | NAV | NAV |
45 | Loan | 11, 19 | 1 | CVS Pawtucket | 6 | 5/6/2022 | NAP | 4/6/2032 | 4/6/2037 | 0 | 0 | L(26),D(90),O(4) | 511,787 | 0 | 511,787 | 2/28/2022 | T-12 |
46 | Loan | 5, 19 | 1 | Candlewood Suites Elgin | 1 | 4/1/2020 | 4/1/2020 | 3/1/2030 | 3/1/2030 | 0 | 0 | L(51),D(65),O(4) | 1,807,453 | 1,006,551 | 800,902 | 2/28/2022 | T-12 |
47 | Loan | 1 | Load and Lock Self Storage | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(91),O(4) | 698,131 | 98,835 | 599,296 | 3/31/2022 | T-12 | |
48 | Loan | 15 | 1 | Hartsville Crossing | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(91),O(4) | 869,674 | 191,679 | 677,995 | 3/31/2022 | T-12 |
49 | Loan | 1 | Washington MHC Portfolio | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(91),O(4) | 666,707 | 178,871 | 487,836 | 3/31/2022 | T-12 | |
50 | Loan | 20 | 1 | 5400-5450 W. Atlantic Blvd | 6 | 5/6/2022 | NAP | 4/6/2032 | 4/6/2032 | 0 | 0 | L(26),D(90),O(4) | 569,941 | 183,303 | 386,638 | 12/31/2021 | T-12 |
51 | Loan | 19 | 1 | Walgreens McDonough | 6 | 6/6/2022 | NAP | 11/6/2031 | 11/6/2031 | 0 | 0 | L(25),D(85),O(4) | 347,760 | 0 | 347,760 | 2/28/2022 | T-12 |
52 | Loan | 16 | 1 | 701 Van Duzer Street | 6 | 5/6/2022 | NAP | 4/6/2032 | 4/6/2032 | 0 | 0 | L(26),D(88),O(6) | 217,640 | 78,202 | 139,438 | 12/31/2021 | T-12 |
53 | Loan | 20 | 1 | Marymoor Self Storage | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(23),YM1(92),O(5) | 1,382,349 | 407,552 | 974,798 | 3/31/2022 | T-12 |
54 | Loan | 1 | 28818 Cinco Ranch | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(90),O(5) | 614,046 | 187,569 | 426,477 | 2/28/2022 | T-12 | |
55 | Loan | 16 | 1 | The Storage Depot | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(91),O(4) | 426,715 | 207,502 | 219,212 | 12/31/2021 | T-12 |
56 | Loan | 19 | 1 | Walgreens Plainfield | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(91),O(4) | 275,000 | 0 | 275,000 | 2/28/2022 | T-12 |
57 | Loan | 16 | 1 | CVS Fourth Street | 6 | 5/6/2022 | 5/6/2022 | 4/6/2032 | 4/6/2032 | 0 | 0 | L(26),D(90),O(4) | NAV | NAV | NAV | NAV | NAV |
58 | Loan | 19 | 1 | Walgreens House Springs | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(91),O(4) | 120,000 | 0 | 120,000 | 2/28/2022 | T-12 |
59 | Loan | 1 | Inner Space Storage | 6 | 6/6/2022 | NAP | 5/6/2032 | 5/6/2032 | 0 | 0 | L(25),D(91),O(4) | 205,301 | 105,792 | 99,509 | 2/28/2022 | T-12 | |
60 | Loan | 2 | 1 | Lamplighter MHC | 6 | 6/6/2022 | 6/6/2025 | 5/6/2032 | 5/6/2032 | 0 | 0 | L(24),YM1(92),O(4) | 209,552 | 75,627 | 133,926 | 2/28/2022 | T-12 |
A-1-9 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Second Most Recent EGI ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent NOI Date | Second Most Recent Description | Third Most Recent EGI ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent NOI Date | Third Most Recent Description | Underwritten Economic Occupancy (%) | Underwritten EGI ($) | Underwritten Expenses ($) |
1 | Loan | 6, 10,12 | 5 | Houston Multifamily Portfolio | 16,498,017 | 9,102,821 | 7,395,196 | 12/31/2021 | T-12 | 15,712,142 | 8,813,170 | 6,898,972 | 12/31/2020 | T-12 | 91.1% | 17,842,142 | 9,248,231 |
1.01 | Property | 1 | Providence at Memorial | 4,093,921 | 2,233,639 | 1,860,282 | 12/31/2021 | T-12 | 4,030,085 | 2,168,533 | 1,861,552 | 12/31/2020 | T-12 | 94.8% | 4,579,334 | 2,178,659 | |
1.02 | Property | 1 | Diamond Hill | 3,248,315 | 1,928,148 | 1,320,167 | 12/31/2021 | T-12 | 3,025,640 | 1,960,114 | 1,065,526 | 12/31/2020 | T-12 | 89.4% | 3,555,957 | 1,955,974 | |
1.03 | Property | 1 | Casa Del Mar | 3,452,062 | 1,895,338 | 1,556,724 | 12/31/2021 | T-12 | 3,299,792 | 1,781,979 | 1,517,813 | 12/31/2020 | T-12 | 87.6% | 3,669,548 | 1,900,731 | |
1.04 | Property | 1 | Sedona Pointe | 3,336,192 | 1,707,119 | 1,629,073 | 12/31/2021 | T-12 | 3,028,813 | 1,651,895 | 1,376,918 | 12/31/2020 | T-12 | 92.8% | 3,495,445 | 1,808,347 | |
1.05 | Property | 1 | Buena Vista | 2,367,527 | 1,338,577 | 1,028,950 | 12/31/2021 | T-12 | 2,327,812 | 1,250,649 | 1,077,163 | 12/31/2020 | T-12 | 89.3% | 2,541,858 | 1,404,520 | |
2 | Loan | 1, 2, 3, 6, 12, 13, 14, 19 | 2 | Yorkshire & Lexington Towers | 39,766,160 | 15,511,878 | 24,254,281 | 12/31/2021 | T-12 | 40,128,052 | 14,510,102 | 25,617,949 | 12/31/2020 | T-12 | 97.2% | 51,394,888 | 16,019,126 |
2.01 | Property | 1 | Yorkshire Towers | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
2.02 | Property | 1 | Lexington Towers | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
3 | Loan | 10, 13, 19, 21, 24 | 1 | 1888 Century Park East | 29,977,651 | 11,485,410 | 18,492,242 | 12/31/2020 | T-12 | 31,074,129 | 11,534,175 | 19,539,954 | 12/31/2019 | T-12 | 91.1% | 35,705,426 | 11,539,757 |
4 | Loan | 12, 15, 16, 19, 24 | 1 | 3075 Olcott | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 98.0% | 15,228,360 | 3,036,800 |
5 | Loan | 12, 16, 24 | 1 | 70 Hudson Street | 12,018,384 | 5,181,982 | 6,836,402 | 12/31/2020 | T-12 | 7,230,855 | 5,642,981 | 1,587,874 | 12/31/2019 | T-12 | 94.0% | 22,465,058 | 6,481,062 |
6 | Loan | 1, 6, 10, 12, 16, 30 | 34 | ExchangeRight Net Leased Portfolio #55 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 10,181,784 | 254,545 |
6.01 | Property | 1 | Walmart Neighborhood Market - Prairieville (Airline), LA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 821,985 | 20,550 | |
6.02 | Property | 1 | Pick N Save - Sun Prairie (Main), WI | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 903,510 | 22,588 | |
6.03 | Property | 1 | Schnucks - Love's Park (Harlem), IL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 895,426 | 22,386 | |
6.04 | Property | 1 | Walmart Neighborhood Market - Thibodaux (Main), LA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 737,466 | 18,437 | |
6.05 | Property | 1 | Walmart Neighborhood Market - Houma (Park), LA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 722,843 | 18,071 | |
6.06 | Property | 1 | Publix - Decatur (Point), AL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 542,013 | 13,550 | |
6.07 | Property | 1 | PNC Bank - Clarendon Hills (Holmes), IL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 534,826 | 13,371 | |
6.08 | Property | 1 | Walmart Neighborhood Market - New Iberia (Parkview), LA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 699,757 | 17,494 | |
6.09 | Property | 1 | Walmart Neighborhood Market - Opelousas (Union), LA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 592,919 | 14,823 | |
6.10 | Property | 1 | Walmart Neighborhood Market - Meraux (Archbishop), LA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 613,836 | 15,346 | |
6.11 | Property | 1 | CVS Pharmacy - Auburn (Opelika), AL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 357,819 | 8,945 | |
6.12 | Property | 1 | Huntington Bank- Clarksburg (Pike), WV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 242,493 | 6,062 | |
6.13 | Property | 1 | CVS Pharmacy - Grand Rapids (Fuller), MI | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 222,966 | 5,574 | |
6.14 | Property | 1 | O'Reilly Auto Parts - Madison (Commerce), WI | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 165,335 | 4,133 | |
6.15 | Property | 1 | U.S. Bank - Northlake (North), IL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 175,893 | 4,397 | |
6.16 | Property | 1 | CVS - Tullahoma (Jackson), TN | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 143,552 | 3,589 | |
6.17 | Property | 1 | 7-Eleven- La Grange (Ogden), IL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 141,106 | 3,528 | |
6.18 | Property | 1 | U.S. Bank - Elk Grove Village (Devon), IL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 149,831 | 3,746 | |
6.19 | Property | 1 | Sherwin Williams - Marysville (Fifth), OH | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 121,795 | 3,045 | |
6.20 | Property | 1 | O'Reilly - Owensboro (Bold Forbes), KY | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 115,533 | 2,888 | |
6.21 | Property | 1 | PNC Bank - Aurora (Galena), IL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 127,465 | 3,187 | |
6.22 | Property | 1 | NAPA Auto Parts - Downers Grove (Ogden), IL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 121,228 | 3,031 | |
6.23 | Property | 1 | Family Dollar - Cuyahoga Falls (Bailey), OH | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 111,715 | 2,793 | |
6.24 | Property | 1 | Dollar General - Lewiston (Sabattus), ME | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 102,645 | 2,566 | |
6.25 | Property | 1 | U.S. Bank - Niles (Dempster), IL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 105,738 | 2,643 | |
6.26 | Property | 1 | Dollar Tree - Des Plaines (Rand), IL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 95,969 | 2,399 | |
6.27 | Property | 1 | Dollar General - Odessa (University), TX | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 86,887 | 2,172 | |
6.28 | Property | 1 | Dollar General - Weber City, (Hwy 23), VA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 91,316 | 2,283 | |
6.29 | Property | 1 | Dollar General- Springtown (Highway), TX | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 81,638 | 2,041 | |
6.30 | Property | 1 | Sherwin Williams - Champaign (Marketview), IL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 74,786 | 1,870 | |
6.31 | Property | 1 | Dollar General - Holly (Saginaw), MI | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 82,156 | 2,054 | |
6.32 | Property | 1 | Dollar General - Dyer (Sheffield), IN | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 68,065 | 1,702 | |
6.33 | Property | 1 | Dollar General - Lubbock (University), TX | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 70,223 | 1,756 | |
6.34 | Property | 1 | Citizens Bank - Wilmington (Marsh), DE | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 61,049 | 1,526 | |
7 | Loan | 1, 12, 13, 15, 19, 27, 30 | 1 | Bell Works | 31,681,421 | 15,894,296 | 15,787,125 | 12/31/2021 | T-12 | 25,039,832 | 13,482,223 | 11,557,609 | 12/31/2020 | T-12 | 88.7% | 37,490,628 | 17,715,360 |
8 | Loan | 1, 5, 6, 12, 13, 19, 29 | 17 | ILPT Logistics Portfolio | 46,173,375 | 8,384,962 | 37,788,413 | 12/31/2020 | T-12 | 43,166,777 | 7,222,431 | 35,944,346 | 12/31/2019 | T-12 | 100.0% | 55,178,154 | 10,108,560 |
8.01 | Property | 1 | 4000 Principio Parkway | 6,018,245 | 1,033,939 | 4,984,306 | 12/31/2020 | T-12 | 5,838,319 | 942,539 | 4,895,780 | 12/31/2019 | T-12 | 100.0% | 6,501,553 | 1,145,058 | |
8.02 | Property | 1 | 2020 Joe B. Jackson Parkway | 4,966,906 | 412,225 | 4,554,681 | 12/31/2020 | T-12 | 4,934,718 | 466,890 | 4,467,828 | 12/31/2019 | T-12 | 100.0% | 5,326,380 | 508,544 | |
8.03 | Property | 1 | 1901 Meadowville Technology Parkway | 6,179,097 | 1,217,920 | 4,961,177 | 12/31/2020 | T-12 | 6,147,034 | 1,193,206 | 4,953,828 | 12/31/2019 | T-12 | 100.0% | 6,711,851 | 1,587,536 | |
8.04 | Property | 1 | 52 Pettengill Road | 4,558,855 | 1,364,364 | 3,194,491 | 12/31/2020 | T-12 | 3,240,412 | 885,179 | 2,355,233 | 12/31/2019 | T-12 | 100.0% | 5,099,301 | 1,459,081 | |
8.05 | Property | 1 | 510 John Dodd Road | 4,611,745 | 407,210 | 4,204,535 | 12/31/2020 | T-12 | 4,671,876 | 315,449 | 4,356,427 | 12/31/2019 | T-12 | 100.0% | 5,001,109 | 401,290 | |
8.06 | Property | 1 | 309 Dulty's Lane | 3,546,330 | 151,200 | 3,395,129 | 12/31/2020 | T-12 | 3,483,064 | 136,309 | 3,346,755 | 12/31/2019 | T-12 | 100.0% | 3,660,336 | 171,164 | |
8.07 | Property | 1 | 5300 Centerpoint Parkway | 2,970,898 | 413,311 | 2,557,587 | 12/31/2020 | T-12 | 2,883,912 | 355,641 | 2,528,271 | 12/31/2019 | T-12 | 100.0% | 3,214,617 | 431,314 | |
8.08 | Property | 1 | 17001 West Mercury Street | 15,969 | 952 | 15,017 | 12/31/2020 | T-12 | NAV | NAV | NAV | NAV | NAV | 100.0% | 3,046,813 | 315,274 | |
8.09 | Property | 1 | 725 Darlington Avenue | 2,376,596 | 732,463 | 1,644,133 | 12/31/2020 | T-12 | 2,477,401 | 837,916 | 1,639,485 | 12/31/2019 | T-12 | 100.0% | 2,864,263 | 837,845 | |
8.10 | Property | 1 | 10100 89th Avenue N | 2,514,769 | 943,582 | 1,571,187 | 12/31/2020 | T-12 | 2,397,354 | 869,814 | 1,527,540 | 12/31/2019 | T-12 | 100.0% | 2,867,390 | 1,091,485 | |
8.11 | Property | 1 | 7303 Rickenbacker Parkway West | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 100.0% | 1,590,343 | 179,543 | |
8.12 | Property | 1 | 4836 Hickory Hill Road | 1,486,515 | 245,083 | 1,241,432 | 12/31/2020 | T-12 | 1,365,744 | 185,178 | 1,180,566 | 12/31/2019 | T-12 | 100.0% | 1,518,188 | 259,542 | |
8.13 | Property | 1 | 7000 West Post Road | 1,374,079 | 139,964 | 1,234,114 | 12/31/2020 | T-12 | 980,472 | 76,552 | 903,920 | 12/31/2019 | T-12 | 100.0% | 1,399,009 | 164,776 | |
8.14 | Property | 1 | 3201 Bearing Drive | 1,532,694 | 89,236 | 1,443,459 | 12/31/2020 | T-12 | 1,097,639 | 56,170 | 1,041,469 | 12/31/2019 | T-12 | 100.0% | 1,717,992 | 105,502 | |
8.15 | Property | 1 | 900 Commerce Parkway West Drive | 1,536,383 | 483,075 | 1,053,308 | 12/31/2020 | T-12 | 1,273,562 | 351,655 | 921,907 | 12/31/2019 | T-12 | 100.0% | 1,739,623 | 710,534 | |
8.16 | Property | 1 | 6825 West County Road 400 North | 1,395,608 | 521,431 | 874,177 | 12/31/2020 | T-12 | 1,338,603 | 318,566 | 1,020,037 | 12/31/2019 | T-12 | 100.0% | 1,790,931 | 494,997 | |
8.17 | Property | 1 | 951 Trails Road | 1,088,686 | 229,006 | 859,680 | 12/31/2020 | T-12 | 1,036,668 | 231,367 | 805,301 | 12/31/2019 | T-12 | 100.0% | 1,128,453 | 245,077 | |
9 | Loan | 6, 12, 13, 15, 19, 20, 24, 28 | 5 | Phoenix Industrial Portfolio VIII | 6,863,588 | 2,085,284 | 4,778,303 | 12/31/2021 | T-12 | 1,911,717 | 475,068 | 1,436,649 | 12/31/2020 | T-12 | 95.5% | 9,112,448 | 2,413,939 |
9.01 | Property | 1 | West Mifflin, PA | 2,425,135 | 673,101 | 1,752,034 | 12/31/2021 | T-12 | NAV | NAV | NAV | NAV | NAV | 91.1% | 2,998,311 | 797,681 | |
9.02 | Property | 1 | Church Hill, TN | 2,113,938 | 874,196 | 1,239,742 | 12/31/2021 | T-12 | NAV | NAV | NAV | NAV | NAV | 100.0% | 3,230,188 | 894,353 | |
9.03 | Property | 1 | Mossville, IL | 1,113,632 | 172,024 | 941,609 | 12/31/2021 | T-12 | 1,096,341 | 173,751 | 922,590 | 12/31/2020 | T-12 | 100.0% | 1,294,444 | 308,940 | |
9.04 | Property | 1 | Eldon, MO | 863,928 | 288,884 | 575,044 | 12/31/2021 | T-12 | 815,376 | 301,317 | 514,059 | 12/31/2020 | T-12 | 87.7% | 1,020,099 | 323,331 | |
9.05 | Property | 1 | Kingsport, TN | 346,953 | 77,079 | 269,874 | 12/31/2021 | T-12 | NAV | NAV | NAV | NAV | NAV | 100.0% | 569,405 | 89,633 | |
10 | Loan | 2, 4, 6, 16 | 8 | BVG Portfolio III | 6,258,813 | 3,149,886 | 3,108,927 | 12/31/2021 | T-12 | 4,779,487 | 2,636,592 | 2,142,895 | 12/31/2020 | T-12 | 90.1% | 6,391,499 | 3,248,131 |
10.01 | Property | 1 | Trinidad RV & Emerald Forest RV & Campground | 2,339,678 | 1,386,987 | 952,691 | 12/31/2021 | T-12 | 1,762,884 | 1,106,062 | 656,822 | 12/31/2020 | T-12 | 100.0% | 2,333,597 | 1,434,037 | |
10.02 | Property | 1 | Hacienda RV Resort | 1,168,243 | 629,544 | 538,699 | 12/31/2021 | T-12 | 850,857 | 487,884 | 362,973 | 12/31/2020 | T-12 | 70.1% | 1,212,833 | 624,582 | |
10.03 | Property | 1 | Gardena MHC & Apts | 750,381 | 320,049 | 430,332 | 12/31/2021 | T-12 | 580,406 | 308,136 | 272,270 | 12/31/2020 | T-12 | 95.0% | 773,618 | 326,154 | |
10.04 | Property | 1 | Fairmont MHC | 538,836 | 185,823 | 353,013 | 12/31/2021 | T-12 | 440,349 | 152,228 | 288,121 | 12/31/2020 | T-12 | 95.0% | 542,409 | 193,263 | |
10.05 | Property | 1 | Gansett MHC | 356,143 | 159,455 | 196,688 | 12/31/2021 | T-12 | 309,266 | 122,754 | 186,512 | 12/31/2020 | T-12 | 92.5% | 434,742 | 158,411 | |
10.06 | Property | 1 | Elsinore Hills RV Park | 536,964 | 224,382 | 312,582 | 12/31/2021 | T-12 | 423,090 | 182,242 | 240,848 | 12/31/2020 | T-12 | 95.0% | 499,224 | 241,193 | |
10.07 | Property | 1 | Flying A MHC | 373,078 | 166,958 | 206,120 | 12/31/2021 | T-12 | 238,673 | 184,510 | 54,163 | 12/31/2020 | T-12 | 93.0% | 378,558 | 188,414 | |
10.08 | Property | 1 | Golden Arrow MHC | 195,490 | 76,688 | 118,802 | 12/31/2021 | T-12 | 173,962 | 92,776 | 81,186 | 12/31/2020 | T-12 | 95.0% | 216,518 | 82,076 | |
11 | Loan | 15, 19 | 1 | Perry Hall Centre and Perry Hall Square | 3,243,515 | 894,091 | 2,349,424 | 12/31/2020 | T-12 | 3,416,017 | 913,410 | 2,502,607 | 12/31/2019 | T-12 | 87.0% | 3,989,340 | 1,035,830 |
12 | Loan | 9, 10, 12, 16, 17, 19, 27, 32 | 1 | The Shoppes at Eagle Point | 5,107,816 | 962,269 | 4,145,547 | 12/31/2021 | T-12 | 4,735,436 | 899,787 | 3,835,649 | 12/31/2020 | T-12 | 95.0% | 4,947,265 | 987,247 |
13 | Loan | 11, 16 | 1 | Village at Mitchell Ranch | 4,727,907 | 989,817 | 3,738,090 | 12/31/2021 | T-12 | 3,814,341 | 887,444 | 2,926,897 | 12/31/2020 | T-12 | 95.0% | 4,793,806 | 1,529,879 |
14 | Loan | 1, 6, 12, 19 | 14 | Twin Spans Business Park and Delaware River Industrial Park | 14,231,093 | 3,262,000 | 10,969,093 | 12/31/2020 | T-12 | 13,417,567 | 3,368,250 | 10,049,316 | 12/31/2019 | T-12 | 95.0% | 15,533,384 | 3,582,225 |
14.01 | Property | 1 | 350 Anchor Mill Road | 2,623,217 | 541,521 | 2,081,696 | 12/31/2020 | T-12 | 2,433,922 | 590,497 | 1,843,425 | 12/31/2019 | T-12 | 97.4% | 2,834,599 | 602,290 |
A-1-10 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Second Most Recent EGI ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent NOI Date | Second Most Recent Description | Third Most Recent EGI ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent NOI Date | Third Most Recent Description | Underwritten Economic Occupancy (%) | Underwritten EGI ($) | Underwritten Expenses ($) |
14.02 | Property | 1 | 301 Anchor Mill Road | 2,065,167 | 466,239 | 1,598,928 | 12/31/2020 | T-12 | 1,975,716 | 497,190 | 1,478,526 | 12/31/2019 | T-12 | 97.4% | 2,103,763 | 506,670 | |
14.03 | Property | 1 | 400 Ships Landing Way | 1,422,674 | 340,370 | 1,082,304 | 12/31/2020 | T-12 | 1,375,138 | 351,052 | 1,024,086 | 12/31/2019 | T-12 | 97.4% | 1,824,640 | 382,728 | |
14.04 | Property | 1 | 800 Ships Landing Way | 1,546,145 | 370,087 | 1,176,058 | 12/31/2020 | T-12 | 1,431,719 | 399,526 | 1,032,193 | 12/31/2019 | T-12 | 97.4% | 1,634,997 | 393,303 | |
14.05 | Property | 1 | 6 Dockview | 1,377,642 | 270,355 | 1,107,287 | 12/31/2020 | T-12 | 1,348,941 | 263,734 | 1,085,207 | 12/31/2019 | T-12 | 97.4% | 1,502,158 | 300,131 | |
14.06 | Property | 1 | 501 Ships Landing Way | 1,019,141 | 328,030 | 691,111 | 12/31/2020 | T-12 | 971,770 | 306,218 | 665,552 | 12/31/2019 | T-12 | 97.4% | 1,180,685 | 339,191 | |
14.07 | Property | 1 | 250 Anchor Mill Road | 850,987 | 166,170 | 684,817 | 12/31/2020 | T-12 | 848,851 | 179,879 | 668,972 | 12/31/2019 | T-12 | 97.4% | 903,310 | 195,204 | |
14.08 | Property | 1 | 10 Dockview Drive | 673,590 | 157,550 | 516,040 | 12/31/2020 | T-12 | 502,758 | 164,362 | 338,396 | 12/31/2019 | T-12 | 97.4% | 709,875 | 158,895 | |
14.09 | Property | 1 | 7 - 23 Harborview Drive | 546,216 | 117,764 | 428,451 | 12/31/2020 | T-12 | 513,386 | 105,994 | 407,392 | 12/31/2019 | T-12 | 97.4% | 680,137 | 122,834 | |
14.10 | Property | 1 | 200 Anchor Mill Road | 624,922 | 153,250 | 471,672 | 12/31/2020 | T-12 | 612,936 | 155,169 | 457,767 | 12/31/2019 | T-12 | 97.4% | 651,534 | 170,813 | |
14.11 | Property | 1 | 300 Anchor Mill Road | 607,898 | 139,909 | 467,989 | 12/31/2020 | T-12 | 594,821 | 142,437 | 452,384 | 12/31/2019 | T-12 | 97.4% | 610,728 | 150,105 | |
14.12 | Property | 1 | 27 - 55 Harborview Drive | 588,176 | 126,002 | 462,174 | 12/31/2020 | T-12 | 502,458 | 123,220 | 379,238 | 12/31/2019 | T-12 | 86.8% | 557,313 | 119,676 | |
14.13 | Property | 1 | 100 Ships Landing | 285,317 | 60,730 | 224,587 | 12/31/2020 | T-12 | 305,150 | 64,547 | 240,603 | 12/31/2019 | T-12 | 97.4% | 339,645 | 86,576 | |
14.14 | Property | 1 | 600 Ships Landing Way | 0 | 24,022 | (24,022) | 12/31/2020 | T-12 | 0 | 24,424 | (24,424) | 12/31/2019 | T-12 | 0.0% | 0 | 53,808 | |
15 | Loan | 6, 12 | 6 | Stockton Self Storage Portfolio | 5,676,848 | 1,625,083 | 4,051,765 | 12/31/2021 | T-12 | 5,272,047 | 1,537,139 | 3,734,908 | 12/31/2020 | T-12 | 78.5% | 5,975,092 | 1,821,673 |
15.01 | Property | 1 | Airport Road Self Storage | 1,930,452 | 487,286 | 1,443,166 | 12/31/2021 | T-12 | 1,792,931 | 446,957 | 1,345,974 | 12/31/2020 | T-12 | 77.0% | 2,005,527 | 536,596 | |
15.02 | Property | 1 | Morada Self Storage | 1,269,017 | 374,874 | 894,143 | 12/31/2021 | T-12 | 1,140,091 | 371,503 | 768,588 | 12/31/2020 | T-12 | 82.1% | 1,319,007 | 422,391 | |
15.03 | Property | 1 | Highway 88 Self Storage | 795,221 | 267,064 | 528,157 | 12/31/2021 | T-12 | 702,889 | 267,796 | 435,093 | 12/31/2020 | T-12 | 74.1% | 812,742 | 285,094 | |
15.04 | Property | 1 | Beckman Road Industrial | 519,750 | 56,535 | 463,216 | 12/31/2021 | T-12 | 581,742 | 43,799 | 537,943 | 12/31/2020 | T-12 | 95.0% | 648,638 | 111,410 | |
15.05 | Property | 1 | Highway 99 Self Storage | 714,086 | 276,188 | 437,898 | 12/31/2021 | T-12 | 664,124 | 258,468 | 405,656 | 12/31/2020 | T-12 | 86.9% | 718,354 | 288,566 | |
15.06 | Property | 1 | Eight Mile Road Self Storage | 448,322 | 163,137 | 285,185 | 12/31/2021 | T-12 | 390,270 | 148,617 | 241,653 | 12/31/2020 | T-12 | 77.9% | 470,824 | 177,617 | |
16 | Loan | 6, 7 | 2 | Deerfield and Courtyard Apartments | 3,798,015 | 1,656,251 | 2,141,765 | 12/31/2021 | T-12 | 3,671,038 | 1,580,052 | 2,090,986 | 12/31/2020 | T-12 | 95.0% | 3,802,083 | 1,789,723 |
16.01 | Property | 1 | Deerfield Apartments | 1,863,810 | 788,583 | 1,075,228 | 12/31/2021 | T-12 | 1,799,585 | 778,837 | 1,020,748 | 12/31/2020 | T-12 | 95.0% | 1,846,000 | 874,423 | |
16.02 | Property | 1 | Courtyard Apartments | 1,934,205 | 867,668 | 1,066,537 | 12/31/2021 | T-12 | 1,871,453 | 801,215 | 1,070,238 | 12/31/2020 | T-12 | 95.0% | 1,956,083 | 915,300 | |
17 | Loan | 6, 10 | 3 | ABC Mini Storage Portfolio | 4,162,118 | 1,118,094 | 3,044,024 | 12/31/2021 | T-12 | 3,797,914 | 1,070,006 | 2,727,908 | 12/31/2020 | T-12 | 89.2% | 4,308,777 | 1,328,576 |
17.01 | Property | 1 | ABC Mini Storage - West | 1,656,224 | 513,587 | 1,142,637 | 12/31/2021 | T-12 | 1,517,648 | 470,668 | 1,046,980 | 12/31/2020 | T-12 | 85.2% | 1,730,727 | 595,446 | |
17.02 | Property | 1 | ABC Mini Storage - Valley | 1,475,467 | 355,714 | 1,119,753 | 12/31/2021 | T-12 | 1,314,751 | 358,315 | 956,436 | 12/31/2020 | T-12 | 90.9% | 1,517,980 | 417,838 | |
17.03 | Property | 1 | ABC Mini Storage - North | 1,030,428 | 248,794 | 781,634 | 12/31/2021 | T-12 | 965,515 | 241,022 | 724,493 | 12/31/2020 | T-12 | 93.7% | 1,060,070 | 315,292 | |
18 | Loan | 20, 23 | 1 | Sawmill Plaza | 3,202,761 | 988,517 | 2,214,244 | 12/31/2021 | T-12 | 2,877,157 | 839,445 | 2,037,712 | 12/31/2020 | T-12 | 94.9% | 3,398,850 | 1,265,802 |
19 | Loan | 10, 13, 19, 20 | 1 | 4S Ranch Village Center | �� 2,811,669 | 762,459 | 2,049,210 | 12/31/2021 | T-12 | 2,390,874 | 696,200 | 1,694,674 | 12/31/2020 | T-12 | 95.0% | 2,805,824 | 780,744 |
20 | Loan | 1, 6, 19, 23 | 2 | The Summit | 23,018,311 | 6,622,639 | 16,395,672 | 12/31/2019 | T-12 | 25,404,892 | 7,774,331 | 17,630,561 | 12/31/2018 | T-12 | 96.3% | 57,071,586 | 15,970,440 |
20.01 | Property | 1 | Summit 1, 2 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
20.02 | Property | 1 | Summit 3 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
21 | Loan | 10, 19, 20 | 1 | Hamilton Commons | 7,628,175 | 2,014,848 | 5,613,327 | 12/31/2021 | T-12 | 7,754,120 | 1,999,644 | 5,754,476 | 12/31/2020 | T-12 | 85.4% | 7,684,216 | 2,153,924 |
22 | Loan | 15, 19 | 1 | Church Ranch Corporate Center | 2,753,952 | 1,182,608 | 1,571,344 | 12/31/2021 | T-12 | 2,271,089 | 1,299,465 | 971,624 | 12/31/2020 | T-12 | 88.5% | 3,095,122 | 1,307,215 |
23 | Loan | 6, 12, 19 | 2 | Oak Ridge Office Park | 6,869,913 | 3,206,153 | 3,663,760 | 12/31/2021 | T-12 | 6,592,651 | 3,073,017 | 3,519,634 | 12/31/2020 | T-12 | 81.8% | 6,510,869 | 3,219,541 |
23.01 | Property | 1 | Oak Ridge Technical Center | 4,465,967 | 2,004,517 | 2,461,450 | 12/31/2021 | T-12 | 4,231,707 | 1,868,816 | 2,362,891 | 12/31/2020 | T-12 | 90.3% | 4,407,808 | 2,027,504 | |
23.02 | Property | 1 | Oak Ridge Corporate Center | 2,403,946 | 1,201,636 | 1,202,310 | 12/31/2021 | T-12 | 2,360,944 | 1,204,201 | 1,156,743 | 12/31/2020 | T-12 | 68.4% | 2,103,061 | 1,192,037 | |
24 | Loan | 2, 13, 19, 20, 23 | 1 | Kalamazoo Distribution Center | 1,400,060 | 381,409 | 1,018,650 | 12/31/2021 | T-12 | 1,695,408 | 318,749 | 1,376,659 | 12/31/2020 | T-12 | 94.4% | 1,850,645 | 362,584 |
25 | Loan | 6 | 2 | Corpus Christi Portfolio | 4,033,321 | 2,749,948 | 1,283,373 | 12/31/2020 | T-12 | 4,988,057 | 3,548,509 | 1,439,548 | 12/31/2019 | T-12 | 77.2% | 5,301,072 | 3,321,298 |
25.01 | Property | 1 | The Staybridge Suites | 2,433,183 | 1,496,302 | 936,881 | 12/31/2020 | T-12 | 2,960,854 | 1,859,826 | 1,101,029 | 12/31/2019 | T-12 | 80.0% | 2,589,597 | 1,633,487 | |
25.02 | Property | 1 | The Holiday Inn Express & Suites | 1,600,138 | 1,253,645 | 346,492 | 12/31/2020 | T-12 | 2,027,202 | 1,688,683 | 338,519 | 12/31/2019 | T-12 | 74.7% | 2,711,474 | 1,687,811 | |
26 | Loan | 15, 19 | 1 | Rosedale & Soundview | 2,406,168 | 650,506 | 1,755,662 | 12/31/2021 | T-12 | 2,376,351 | 755,777 | 1,620,574 | 12/31/2020 | T-12 | 95.0% | 2,435,901 | 881,760 |
27 | Loan | 15 | 1 | Panther Lake Shopping Center | 1,871,248 | 520,103 | 1,351,145 | 12/31/2021 | T-12 | 1,798,183 | 516,332 | 1,281,851 | 12/31/2020 | T-12 | 88.4% | 1,936,790 | 484,744 |
28 | Loan | 1 | Biotrial Medical Center | 1,902,000 | 0 | 1,902,000 | 12/31/2020 | T-12 | 1,593,000 | 0 | 1,593,000 | 12/31/2019 | T-12 | 95.0% | 2,381,650 | 605,000 | |
29 | Loan | 1, 6, 12, 15, 19, 20, 23 | 6 | Moonwater Office Portfolio | 10,655,601 | 2,469,360 | 8,186,241 | 12/31/2020 | T-12 | NAV | NAV | NAV | NAV | NAV | 91.9% | 13,231,194 | 2,754,101 |
29.01 | Property | 1 | 6543 Las Vegas Boulevard South | 3,771,289 | 698,311 | 3,072,977 | 12/31/2020 | T-12 | NAV | NAV | NAV | NAV | NAV | 100.0% | 4,116,846 | 869,315 | |
29.02 | Property | 1 | 6226 West Sahara Avenue | 1,482,267 | 127,960 | 1,354,307 | 12/31/2020 | T-6 | NAV | NAV | NAV | NAV | NAV | 100.0% | 3,147,646 | 180,603 | |
29.03 | Property | 1 | 10190 Covington Cross Drive | 1,846,424 | 655,129 | 1,191,295 | 12/31/2020 | T-12 | NAV | NAV | NAV | NAV | NAV | 100.0% | 2,536,300 | 671,663 | |
29.04 | Property | 1 | 1450 Center Crossing Road | 1,545,646 | 359,244 | 1,186,402 | 12/31/2020 | T-12 | NAV | NAV | NAV | NAV | NAV | 100.0% | 1,678,989 | 360,162 | |
29.05 | Property | 1 | 6551 Las Vegas Boulevard South | 1,022,919 | 250,572 | 772,347 | 12/31/2020 | T-12 | NAV | NAV | NAV | NAV | NAV | 100.0% | 1,172,088 | 238,873 | |
29.06 | Property | 1 | 9901-9921 Covington Cross Drive | 987,056 | 378,143 | 608,914 | 12/31/2020 | T-12 | NAV | NAV | NAV | NAV | NAV | 33.1% | 579,325 | 433,485 | |
30 | Loan | 15, 19 | 1 | Magnolia Square | 1,296,200 | 403,861 | 892,339 | 12/31/2021 | T-12 | 1,288,019 | 298,614 | 989,406 | 12/31/2020 | T-12 | 95.0% | 1,683,402 | 407,300 |
31 | Loan | 15, 19, 28 | 1 | Nona Commons | 1,620,593 | 519,779 | 1,100,814 | 12/31/2021 | T-12 | 1,807,381 | 502,916 | 1,304,465 | 12/31/2020 | T-12 | 95.0% | 1,986,182 | 507,271 |
32 | Loan | 16, 19 | 1 | Walgreens - St Paul | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 97.0% | 968,060 | 20,907 |
33 | Loan | 6 | 2 | Aragona Retail Portfolio | 1,638,844 | 456,044 | 1,182,800 | 12/31/2021 | T-12 | 1,546,763 | 385,776 | 1,160,987 | 12/31/2020 | T-12 | 93.0% | 1,737,432 | 441,923 |
33.01 | Property | 1 | Macomb Centre Plaza | 1,223,517 | 340,657 | 882,860 | 12/31/2021 | T-12 | 1,134,093 | 285,514 | 848,579 | 12/31/2020 | T-12 | 92.4% | 1,322,997 | 333,012 | |
33.02 | Property | 1 | River Park Plaza | 415,327 | 115,387 | 299,940 | 12/31/2021 | T-12 | 412,670 | 100,262 | 312,408 | 12/31/2020 | T-12 | 95.0% | 414,434 | 108,912 | |
34 | Loan | 15 | 1 | Centennial Plaza | 1,125,517 | 348,740 | 776,777 | 12/31/2020 | T-12 | 1,322,345 | 448,925 | 873,420 | 12/31/2019 | T-12 | 92.1% | 1,745,638 | 434,978 |
35 | Loan | 17 | 1 | Great American Self Storage | 1,217,562 | 544,272 | 673,290 | 12/31/2020 | T-12 | 1,317,808 | 550,421 | 767,387 | 12/31/2019 | T-12 | 95.6% | 1,500,755 | 565,628 |
36 | Loan | 15, 19, 21 | 1 | South Valley Center | 1,154,909 | 294,267 | 860,642 | 12/31/2021 | T-12 | 1,113,230 | 287,672 | 825,558 | 12/31/2020 | T-12 | 93.6% | 1,281,610 | 310,215 |
37 | Loan | 13, 19 | 1 | 127 8th Avenue Leased Fee | 816,068 | 0 | 816,068 | 12/31/2021 | T-12 | 790,067 | 0 | 790,067 | 12/31/2020 | T-12 | 100.0% | 923,049 | 3,154 |
38 | Loan | 10, 30 | 1 | Go Store It Crossville | 1,154,376 | 180,719 | 973,657 | 12/31/2021 | T-12 | 871,466 | 101,616 | 769,850 | 12/31/2020 | T-12 | 88.7% | 1,231,766 | 351,208 |
39 | Loan | 2, 3, 16, 19, 27 | 1 | 965-977 Frankford Avenue | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 90.8% | 1,038,427 | 259,111 |
40 | Loan | 16, 19 | 1 | Home2 Suites Bedford | 2,652,585 | 1,174,056 | 1,478,528 | 12/31/2021 | T-12 | 1,383,472 | 999,538 | 383,934 | 12/31/2020 | T-12 | 66.6% | 2,723,321 | 1,258,116 |
41 | Loan | 13, 16, 32 | 1 | Edwards Landing Apartments | 1,090,313 | 260,269 | 830,044 | 12/31/2021 | T-12 | NAV | NAV | NAV | NAV | NAV | 95.0% | 1,098,823 | 355,243 |
42 | Loan | 1 | Holiday Inn Express - Memphis, TN | 1,519,337 | 1,283,446 | 235,891 | 12/31/2020 | T-12 | 2,685,849 | 1,790,491 | 895,358 | 12/31/2019 | T-12 | 80.0% | 2,954,699 | 1,781,788 | |
43 | Loan | 19 | 1 | Shops at The Domain | 815,017 | 244,883 | 570,134 | 12/31/2020 | T-12 | 909,618 | 264,342 | 645,276 | 12/31/2019 | T-12 | 95.0% | 926,172 | 286,661 |
44 | Loan | 16, 30 | 1 | 275 Commerce | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 1,229,065 | 472,284 |
45 | Loan | 11, 19 | 1 | CVS Pawtucket | 522,484 | 0 | 522,484 | 12/31/2021 | T-12 | 533,181 | 0 | 533,181 | 12/31/2020 | T-12 | 100.0% | 469,000 | 1,000 |
46 | Loan | 5, 19 | 1 | Candlewood Suites Elgin | 1,694,326 | 953,636 | 740,690 | 12/31/2021 | T-12 | 1,142,325 | 792,822 | 349,503 | 12/31/2020 | T-12 | 73.3% | 1,807,453 | 1,006,551 |
47 | Loan | 1 | Load and Lock Self Storage | 671,703 | 91,864 | 579,839 | 12/31/2021 | T-12 | 491,115 | 74,426 | 416,689 | 12/31/2020 | T-12 | 95.0% | 675,651 | 179,206 | |
48 | Loan | 15 | 1 | Hartsville Crossing | 858,837 | 200,755 | 658,082 | 12/31/2021 | T-12 | 713,339 | 187,871 | 525,467 | 12/31/2020 | T-12 | 91.9% | 906,893 | 282,900 |
49 | Loan | 1 | Washington MHC Portfolio | 658,282 | 189,788 | 468,494 | 12/31/2021 | T-12 | 627,321 | 187,580 | 439,741 | 12/31/2020 | T-12 | 95.0% | 680,401 | 207,596 | |
50 | Loan | 20 | 1 | 5400-5450 W. Atlantic Blvd | 489,164 | 170,392 | 318,773 | 12/31/2020 | T-12 | NAV | NAV | NAV | NAV | NAV | 95.0% | 723,002 | 249,735 |
51 | Loan | 19 | 1 | Walgreens McDonough | 347,760 | 0 | 347,760 | 12/31/2020 | T-12 | 347,760 | 0 | 347,760 | 12/31/2019 | T-12 | 100.0% | 363,165 | 1,036 |
52 | Loan | 16 | 1 | 701 Van Duzer Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 547,094 | 117,505 |
53 | Loan | 20 | 1 | Marymoor Self Storage | 1,340,266 | 390,824 | 949,442 | 12/31/2021 | T-12 | 1,291,441 | 369,643 | 921,798 | 12/31/2020 | T-12 | 90.0% | 1,463,554 | 411,838 |
54 | Loan | 1 | 28818 Cinco Ranch | 593,835 | 184,783 | 409,052 | 12/31/2021 | T-12 | 488,436 | 181,315 | 307,121 | 12/31/2020 | T-12 | 95.0% | 646,105 | 188,952 | |
55 | Loan | 16 | 1 | The Storage Depot | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 89.4% | 437,259 | 176,464 |
56 | Loan | 19 | 1 | Walgreens Plainfield | 275,000 | 0 | 275,000 | 12/31/2020 | T-12 | 275,000 | 0 | 275,000 | 12/31/2019 | T-12 | 100.0% | 282,345 | 1,036 |
57 | Loan | 16 | 1 | CVS Fourth Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 98.0% | 245,980 | 7,379 |
58 | Loan | 19 | 1 | Walgreens House Springs | 120,000 | 0 | 120,000 | 12/31/2020 | T-12 | 120,000 | 0 | 120,000 | 12/31/2019 | T-12 | 100.0% | 222,907 | 1,036 |
59 | Loan | 1 | Inner Space Storage | 202,805 | 106,884 | 95,921 | 12/31/2021 | T-12 | 168,675 | 79,334 | 89,341 | 12/31/2020 | T-12 | 91.5% | 200,368 | 73,307 | |
60 | Loan | 2 | 1 | Lamplighter MHC | 213,467 | 80,310 | 133,156 | 12/31/2021 | T-12 | 204,940 | 71,514 | 133,426 | 12/31/2020 | T-12 | 93.2% | 206,839 | 82,896 |
A-1-11 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Underwritten Net Operating Income ($) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NOI DSCR (x) | Underwritten NCF DSCR (x) | Underwritten NOI Debt Yield (%) | Underwritten NCF Debt Yield (%) | Appraised Value ($) | Appraised Value Type | Appraisal Date | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) |
15 | 15 | 14 | 14 | 7 | 7 | 5,7 | 5,7 | ||||||||||
1 | Loan | 6, 10,12 | 5 | Houston Multifamily Portfolio | 8,593,911 | 523,170 | 0 | 8,070,741 | 1.77 | 1.66 | 11.3% | 10.6% | 168,780,000 | As Is | Various | 45.0% | 45.0% |
1.01 | Property | 1 | Providence at Memorial | 2,400,675 | 118,770 | 0 | 2,281,905 | 47,800,000 | As Is | 3/17/2022 | |||||||
1.02 | Property | 1 | Diamond Hill | 1,599,983 | 102,480 | 0 | 1,497,503 | 32,580,000 | As Is | 3/17/2022 | |||||||
1.03 | Property | 1 | Casa Del Mar | 1,768,817 | 113,634 | 0 | 1,655,183 | 34,400,000 | As Is | 3/17/2022 | |||||||
1.04 | Property | 1 | Sedona Pointe | 1,687,098 | 101,728 | 0 | 1,585,370 | 31,100,000 | As Is | 3/16/2022 | |||||||
1.05 | Property | 1 | Buena Vista | 1,137,338 | 86,558 | 0 | 1,050,780 | 22,900,000 | As Is | 3/17/2022 | |||||||
2 | Loan | 1, 2, 3, 6, 12, 13, 14, 19 | 2 | Yorkshire & Lexington Towers | 35,375,762 | 0 | 0 | 35,375,762 | 3.61 | 3.61 | 11.1% | 11.1% | 954,000,000 | As Is | 1/20/2022 | 33.3% | 33.3% |
2.01 | Property | 1 | Yorkshire Towers | NAV | NAV | NAV | NAV | 821,000,000 | As Is | 1/20/2022 | |||||||
2.02 | Property | 1 | Lexington Towers | NAV | NAV | NAV | NAV | 133,000,000 | As Is | 1/20/2022 | |||||||
3 | Loan | 10, 13, 19, 21, 24 | 1 | 1888 Century Park East | 24,165,669 | 100,502 | 753,765 | 23,311,402 | 4.51 | 4.35 | 12.1% | 11.7% | 478,000,000 | As Is | 10/26/2021 | 41.8% | 41.8% |
4 | Loan | 12, 15, 16, 19, 24 | 1 | 3075 Olcott | 12,191,560 | 36,991 | 0 | 12,154,569 | 1.66 | 1.66 | 8.6% | 8.6% | 240,000,000 | As Is | 2/14/2022 | 59.2% | 59.2% |
5 | Loan | 12, 16, 24 | 1 | 70 Hudson Street | 15,983,997 | 64,692 | 0 | 15,919,304 | 4.12 | 4.10 | 13.3% | 13.3% | 300,000,000 | As Is | 11/8/2021 | 40.0% | 40.0% |
6 | Loan | 1, 6, 10, 12, 16, 30 | 34 | ExchangeRight Net Leased Portfolio #55 | 9,927,240 | 112,193 | 0 | 9,815,047 | 2.06 | 2.03 | 9.6% | 9.4% | 195,600,000 | As Is | Various | 53.1% | 53.1% |
6.01 | Property | 1 | Walmart Neighborhood Market - Prairieville (Airline), LA | 801,435 | 6,288 | 0 | 795,148 | 16,700,000 | As Is | 3/6/2022 | |||||||
6.02 | Property | 1 | Pick N Save - Sun Prairie (Main), WI | 880,923 | 9,157 | 0 | 871,765 | 17,000,000 | As Is | 2/24/2022 | |||||||
6.03 | Property | 1 | Schnucks - Love's Park (Harlem), IL | 873,040 | 21,354 | 0 | 851,687 | 16,100,000 | As Is | 3/7/2022 | |||||||
6.04 | Property | 1 | Walmart Neighborhood Market - Thibodaux (Main), LA | 719,030 | 6,347 | 0 | 712,683 | 14,900,000 | As Is | 3/3/2022 | |||||||
6.05 | Property | 1 | Walmart Neighborhood Market - Houma (Park), LA | 704,772 | 6,636 | 0 | 698,136 | 14,700,000 | As Is | 3/3/2022 | |||||||
6.06 | Property | 1 | Publix - Decatur (Point), AL | 528,463 | 6,840 | 0 | 521,623 | 10,800,000 | As Is | 3/7/2022 | |||||||
6.07 | Property | 1 | PNC Bank - Clarendon Hills (Holmes), IL | 521,455 | 2,384 | 0 | 519,071 | 9,180,000 | As Is | 3/3/2022 | |||||||
6.08 | Property | 1 | Walmart Neighborhood Market - New Iberia (Parkview), LA | 682,263 | 6,293 | 0 | 675,970 | 14,200,000 | As Is | 3/3/2022 | |||||||
6.09 | Property | 1 | Walmart Neighborhood Market - Opelousas (Union), LA | 578,096 | 6,486 | 0 | 571,610 | 12,000,000 | As Is | 3/3/2022 | |||||||
6.10 | Property | 1 | Walmart Neighborhood Market - Meraux (Archbishop), LA | 598,490 | 6,347 | 0 | 592,144 | 12,400,000 | As Is | 3/6/2022 | |||||||
6.11 | Property | 1 | CVS Pharmacy - Auburn (Opelika), AL | 348,873 | 1,988 | 0 | 346,885 | 6,730,000 | As Is | 3/3/2022 | |||||||
6.12 | Property | 1 | Huntington Bank- Clarksburg (Pike), WV | 236,431 | 6,525 | 0 | 229,906 | 4,550,000 | As Is | 3/9/2022 | |||||||
6.13 | Property | 1 | CVS Pharmacy - Grand Rapids (Fuller), MI | 217,392 | 1,645 | 0 | 215,747 | 3,710,000 | As Is | 3/8/2022 | |||||||
6.14 | Property | 1 | O'Reilly Auto Parts - Madison (Commerce), WI | 161,201 | 2,436 | 0 | 158,765 | 3,200,000 | As Is | 2/24/2022 | |||||||
6.15 | Property | 1 | U.S. Bank - Northlake (North), IL | 171,496 | 795 | 0 | 170,701 | 3,090,000 | As Is | 3/3/2022 | |||||||
6.16 | Property | 1 | CVS - Tullahoma (Jackson), TN | 139,963 | 1,440 | 0 | 138,523 | 3,000,000 | As Is | 3/4/2022 | |||||||
6.17 | Property | 1 | 7-Eleven- La Grange (Ogden), IL | 137,578 | 450 | 0 | 137,128 | 2,700,000 | As Is | 2/26/2022 | |||||||
6.18 | Property | 1 | U.S. Bank - Elk Grove Village (Devon), IL | 146,086 | 638 | 0 | 145,448 | 2,610,000 | As Is | 3/3/2022 | |||||||
6.19 | Property | 1 | Sherwin Williams - Marysville (Fifth), OH | 118,750 | 525 | 0 | 118,225 | 2,400,000 | As Is | 2/22/2022 | |||||||
6.20 | Property | 1 | O'Reilly - Owensboro (Bold Forbes), KY | 112,645 | 1,073 | 0 | 111,572 | 2,480,000 | As Is | 3/7/2022 | |||||||
6.21 | Property | 1 | PNC Bank - Aurora (Galena), IL | 124,278 | 750 | 0 | 123,528 | 2,360,000 | As Is | 3/3/2022 | |||||||
6.22 | Property | 1 | NAPA Auto Parts - Downers Grove (Ogden), IL | 118,197 | 1,575 | 0 | 116,622 | 2,260,000 | As Is | 3/4/2022 | |||||||
6.23 | Property | 1 | Family Dollar - Cuyahoga Falls (Bailey), OH | 108,922 | 1,253 | 0 | 107,669 | 2,025,000 | As Is | 3/3/2022 | |||||||
6.24 | Property | 1 | Dollar General - Lewiston (Sabattus), ME | 100,079 | 1,354 | 0 | 98,725 | 1,900,000 | As Is | 2/18/2022 | |||||||
6.25 | Property | 1 | U.S. Bank - Niles (Dempster), IL | 103,095 | 822 | 0 | 102,273 | 1,840,000 | As Is | 3/3/2022 | |||||||
6.26 | Property | 1 | Dollar Tree - Des Plaines (Rand), IL | 93,570 | 1,245 | 0 | 92,325 | 1,740,000 | As Is | 3/7/2022 | |||||||
6.27 | Property | 1 | Dollar General - Odessa (University), TX | 84,715 | 1,354 | 0 | 83,361 | 1,570,000 | As Is | 3/5/2022 | |||||||
6.28 | Property | 1 | Dollar General - Weber City, (Hwy 23), VA | 89,033 | 1,424 | 0 | 87,609 | 1,600,000 | As Is | 2/28/2022 | |||||||
6.29 | Property | 1 | Dollar General- Springtown (Highway), TX | 79,597 | 1,354 | 0 | 78,243 | 1,500,000 | As Is | 3/5/2022 | |||||||
6.30 | Property | 1 | Sherwin Williams - Champaign (Marketview), IL | 72,917 | 733 | 0 | 72,184 | 1,480,000 | As Is | 3/4/2022 | |||||||
6.31 | Property | 1 | Dollar General - Holly (Saginaw), MI | 80,102 | 1,610 | 0 | 78,492 | 1,275,000 | As Is | 3/1/2022 | |||||||
6.32 | Property | 1 | Dollar General - Dyer (Sheffield), IN | 66,364 | 1,352 | 0 | 65,011 | 1,220,000 | As Is | 2/25/2022 | |||||||
6.33 | Property | 1 | Dollar General - Lubbock (University), TX | 68,468 | 1,352 | 0 | 67,116 | 1,320,000 | As Is | 3/5/2022 | |||||||
6.34 | Property | 1 | Citizens Bank - Wilmington (Marsh), DE | 59,523 | 371 | 0 | 59,151 | 1,060,000 | As Is | 3/7/2022 | |||||||
7 | Loan | 1, 12, 13, 15, 19, 27, 30 | 1 | Bell Works | 19,775,267 | 295,000 | 1,219,032 | 18,261,235 | 1.82 | 1.68 | 9.4% | 8.7% | 335,200,000 | As Is | 1/31/2022 | 62.6% | 62.6% |
8 | Loan | 1, 5, 6, 12, 13, 19, 29 | 17 | ILPT Logistics Portfolio | 45,069,593 | 1,887,664 | 1,415,748 | 41,766,181 | 3.37 | 3.12 | 13.2% | 12.2% | 1,175,000,000 | As Portfolio | 1/3/2022 | 29.0% | 29.0% |
8.01 | Property | 1 | 4000 Principio Parkway | 5,356,496 | 238,949 | 179,212 | 4,938,335 | 140,000,000 | As Is | 12/15/2021 | |||||||
8.02 | Property | 1 | 2020 Joe B. Jackson Parkway | 4,817,836 | 203,256 | 152,442 | 4,462,138 | 132,100,000 | As Is | 12/21/2021 | |||||||
8.03 | Property | 1 | 1901 Meadowville Technology Parkway | 5,124,315 | 203,256 | 152,442 | 4,768,617 | 115,400,000 | As Is | 12/15/2021 | |||||||
8.04 | Property | 1 | 52 Pettengill Road | 3,640,220 | 122,848 | 92,136 | 3,425,236 | 123,000,000 | As Is | 1/3/2022 | |||||||
8.05 | Property | 1 | 510 John Dodd Road | 4,599,819 | 203,148 | 152,361 | 4,244,310 | 112,500,000 | As Is | 12/23/2021 | |||||||
8.06 | Property | 1 | 309 Dulty's Lane | 3,489,171 | 126,767 | 95,075 | 3,267,329 | 107,900,000 | As Is | 12/22/2021 | |||||||
8.07 | Property | 1 | 5300 Centerpoint Parkway | 2,783,304 | 116,268 | 87,201 | 2,579,834 | 57,600,000 | As Is | 12/16/2021 | |||||||
8.08 | Property | 1 | 17001 West Mercury Street | 2,731,539 | 129,092 | 96,819 | 2,505,627 | 50,400,000 | As Is | 12/20/2021 | |||||||
8.09 | Property | 1 | 725 Darlington Avenue | 2,026,418 | 33,485 | 25,114 | 1,967,820 | 51,400,000 | As Is | 12/9/2021 | |||||||
8.10 | Property | 1 | 10100 89th Avenue N | 1,775,905 | 63,812 | 47,859 | 1,664,234 | 39,500,000 | As Is | 12/15/2021 | |||||||
8.11 | Property | 1 | 7303 Rickenbacker Parkway West | 1,410,800 | 71,501 | 53,626 | 1,285,674 | 33,400,000 | As Is | 12/16/2021 | |||||||
8.12 | Property | 1 | 4836 Hickory Hill Road | 1,258,647 | 129,232 | 96,924 | 1,032,491 | 35,500,000 | As Is | 1/3/2022 | |||||||
8.13 | Property | 1 | 7000 West Post Road | 1,234,233 | 19,191 | 14,393 | 1,200,650 | 30,400,000 | As Is | 12/14/2021 | |||||||
8.14 | Property | 1 | 3201 Bearing Drive | 1,612,490 | 84,582 | 63,437 | 1,464,471 | 29,800,000 | As Is | 12/28/2021 | |||||||
8.15 | Property | 1 | 900 Commerce Parkway West Drive | 1,029,090 | 58,878 | 44,158 | 926,054 | 27,500,000 | As Is | 12/28/2021 | |||||||
8.16 | Property | 1 | 6825 West County Road 400 North | 1,295,934 | 49,008 | 36,756 | 1,210,170 | 24,300,000 | As Is | 12/15/2021 | |||||||
8.17 | Property | 1 | 951 Trails Road | 883,377 | 34,390 | 25,793 | 823,194 | 17,600,000 | As Is | 12/15/2021 | |||||||
9 | Loan | 6, 12, 13, 15, 19, 20, 24, 28 | 5 | Phoenix Industrial Portfolio VIII | 6,698,509 | 271,567 | 201,452 | 6,225,490 | 1.69 | 1.57 | 11.8% | 10.9% | 88,200,000 | As Is | Various | 64.6% | 60.2% |
9.01 | Property | 1 | West Mifflin, PA | 2,200,630 | 62,500 | 81,991 | 2,056,139 | 24,560,000 | As Is | 4/13/2022 | |||||||
9.02 | Property | 1 | Church Hill, TN | 2,335,835 | 81,869 | 71,480 | 2,182,487 | 31,000,000 | As Is | 3/7/2022 | |||||||
9.03 | Property | 1 | Mossville, IL | 985,504 | 47,840 | 22,749 | 914,915 | 13,700,000 | As Is | 4/13/2022 | |||||||
9.04 | Property | 1 | Eldon, MO | 696,768 | 66,283 | 11,817 | 618,668 | 11,440,000 | As Is | 4/6/2022 | |||||||
9.05 | Property | 1 | Kingsport, TN | 479,772 | 13,075 | 13,414 | 453,282 | 7,500,000 | As Is | 3/7/2022 | |||||||
10 | Loan | 2, 4, 6, 16 | 8 | BVG Portfolio III | 3,143,368 | 43,223 | 0 | 3,100,145 | 1.54 | 1.52 | 9.2% | 9.1% | 65,100,000 | As Is | Various | 52.2% | 52.2% |
10.01 | Property | 1 | Trinidad RV & Emerald Forest RV & Campground | 899,560 | 10,187 | 0 | 889,373 | 19,000,000 | As Is | 2/12/2022 | |||||||
10.02 | Property | 1 | Hacienda RV Resort | 588,251 | 7,910 | 0 | 580,341 | 10,900,000 | As Is | 2/13/2022 | |||||||
10.03 | Property | 1 | Gardena MHC & Apts | 447,464 | 4,980 | 0 | 442,484 | 9,000,000 | As Is | 2/9/2022 | |||||||
10.04 | Property | 1 | Fairmont MHC | 349,146 | 4,800 | 0 | 344,346 | 7,400,000 | As Is | 2/24/2022 | |||||||
10.05 | Property | 1 | Gansett MHC | 276,331 | 3,500 | 0 | 272,831 | 5,900,000 | As Is | 3/1/2022 | |||||||
10.06 | Property | 1 | Elsinore Hills RV Park | 258,031 | 5,950 | 0 | 252,081 | 6,100,000 | As Is | 2/8/2022 | |||||||
10.07 | Property | 1 | Flying A MHC | 190,144 | 3,300 | 0 | 186,844 | 4,200,000 | As Is | 2/28/2022 | |||||||
10.08 | Property | 1 | Golden Arrow MHC | 134,442 | 2,596 | 0 | 131,846 | 2,600,000 | As Is | 2/7/2022 | |||||||
11 | Loan | 15, 19 | 1 | Perry Hall Centre and Perry Hall Square | 2,953,510 | 9,763 | 90,241 | 2,853,506 | 1.85 | 1.79 | 9.8% | 9.5% | 46,000,000 | As Is | 2/17/2022 | 65.5% | 65.5% |
12 | Loan | 9, 10, 12, 16, 17, 19, 27, 32 | 1 | The Shoppes at Eagle Point | 3,960,019 | 34,206 | 182,441 | 3,743,371 | 1.47 | 1.39 | 9.9% | 9.4% | 70,000,000 | As Is | 2/25/2022 | 57.1% | 47.0% |
13 | Loan | 11, 16 | 1 | Village at Mitchell Ranch | 3,263,927 | 22,007 | 110,036 | 3,131,884 | 2.33 | 2.23 | 11.5% | 11.0% | 68,500,000 | As Is | 3/1/2022 | 41.6% | 41.6% |
14 | Loan | 1, 6, 12, 19 | 14 | Twin Spans Business Park and Delaware River Industrial Park | 11,951,159 | 218,002 | 338,061 | 11,395,097 | 2.34 | 2.23 | 8.7% | 8.3% | 224,250,000 | As Is | 1/5/2022 | 61.5% | 61.5% |
14.01 | Property | 1 | 350 Anchor Mill Road | 2,232,309 | 42,129 | 65,331 | 2,124,850 | 40,750,000 | As Is | 1/5/2022 |
A-1-12 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Underwritten Net Operating Income ($) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NOI DSCR (x) | Underwritten NCF DSCR (x) | Underwritten NOI Debt Yield (%) | Underwritten NCF Debt Yield (%) | Appraised Value ($) | Appraised Value Type | Appraisal Date | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) |
15 | 15 | 14 | 14 | 7 | 7 | 5,7 | 5,7 | ||||||||||
14.02 | Property | 1 | 301 Anchor Mill Road | 1,597,093 | 33,505 | 51,956 | 1,511,632 | 32,950,000 | As Is | 1/5/2022 | |||||||
14.03 | Property | 1 | 400 Ships Landing Way | 1,441,912 | 23,500 | 36,442 | 1,381,970 | 23,550,000 | As Is | 1/5/2022 | |||||||
14.04 | Property | 1 | 800 Ships Landing Way | 1,241,694 | 22,620 | 35,077 | 1,183,996 | 23,000,000 | As Is | 1/5/2022 | |||||||
14.05 | Property | 1 | 6 Dockview | 1,202,027 | 20,108 | 31,182 | 1,150,737 | 19,700,000 | As Is | 1/5/2022 | |||||||
14.06 | Property | 1 | 501 Ships Landing Way | 841,494 | 15,963 | 24,754 | 800,777 | 14,600,000 | As Is | 1/5/2022 | |||||||
14.07 | Property | 1 | 250 Anchor Mill Road | 708,106 | 10,680 | 16,562 | 680,864 | 12,550,000 | As Is | 1/5/2022 | |||||||
14.08 | Property | 1 | 10 Dockview Drive | 550,979 | 10,063 | 15,605 | 525,311 | 10,300,000 | As Is | 1/5/2022 | |||||||
14.09 | Property | 1 | 7 - 23 Harborview Drive | 557,302 | 6,807 | 10,555 | 539,940 | 9,300,000 | As Is | 1/5/2022 | |||||||
14.10 | Property | 1 | 200 Anchor Mill Road | 480,721 | 10,118 | 15,691 | 454,912 | 10,200,000 | As Is | 1/5/2022 | |||||||
14.11 | Property | 1 | 300 Anchor Mill Road | 460,624 | 8,385 | 13,003 | 439,236 | 8,850,000 | As Is | 1/5/2022 | |||||||
14.12 | Property | 1 | 27 - 55 Harborview Drive | 437,637 | 6,845 | 10,615 | 420,176 | 9,050,000 | As Is | 1/5/2022 | |||||||
14.13 | Property | 1 | 100 Ships Landing | 253,069 | 4,480 | 6,947 | 241,641 | 4,700,000 | As Is | 1/5/2022 | |||||||
14.14 | Property | 1 | 600 Ships Landing Way | (53,808) | 2,799 | 4,340 | (60,947) | 4,750,000 | As Is | 1/5/2022 | |||||||
15 | Loan | 6, 12 | 6 | Stockton Self Storage Portfolio | 4,153,419 | 78,025 | 0 | 4,075,395 | 1.63 | 1.60 | 10.7% | 10.5% | 79,350,000 | As Is | Various | 49.1% | 40.6% |
15.01 | Property | 1 | Airport Road Self Storage | 1,468,931 | 12,449 | 0 | 1,456,483 | 28,890,000 | As Is | 3/15/2022 | |||||||
15.02 | Property | 1 | Morada Self Storage | 896,616 | 11,844 | 0 | 884,772 | 15,950,000 | As Is | 3/28/2022 | |||||||
15.03 | Property | 1 | Highway 88 Self Storage | 527,648 | 7,532 | 0 | 520,116 | 9,550,000 | As Is | 3/1/2022 | |||||||
15.04 | Property | 1 | Beckman Road Industrial | 537,228 | 27,720 | 0 | 509,508 | 11,700,000 | As Is | 3/16/2022 | |||||||
15.05 | Property | 1 | Highway 99 Self Storage | 429,788 | 9,043 | 0 | 420,745 | 8,010,000 | As Is | 3/28/2022 | |||||||
15.06 | Property | 1 | Eight Mile Road Self Storage | 293,207 | 9,437 | 0 | 283,771 | 5,250,000 | As Is | 3/16/2022 | |||||||
16 | Loan | 6, 7 | 2 | Deerfield and Courtyard Apartments | 2,012,360 | 110,250 | 0 | 1,902,110 | 1.27 | 1.20 | 9.6% | 9.1% | 37,000,000 | As Is | 3/2/2022 | 56.6% | 45.6% |
16.01 | Property | 1 | Deerfield Apartments | 971,577 | 61,500 | 0 | 910,077 | 19,200,000 | As Is | 3/2/2022 | |||||||
16.02 | Property | 1 | Courtyard Apartments | 1,040,783 | 48,750 | 0 | 992,033 | 17,800,000 | As Is | 3/2/2022 | |||||||
17 | Loan | 6, 10 | 3 | ABC Mini Storage Portfolio | 2,980,201 | 53,155 | 0 | 2,927,046 | 2.75 | 2.70 | 13.2% | 13.0% | 51,000,000 | As Is | 3/21/2022 | 44.1% | 44.1% |
17.01 | Property | 1 | ABC Mini Storage - West | 1,135,281 | 23,225 | 0 | 1,112,055 | 21,000,000 | As Is | 3/21/2022 | |||||||
17.02 | Property | 1 | ABC Mini Storage - Valley | 1,100,142 | 16,875 | 0 | 1,083,267 | 18,000,000 | As Is | 3/21/2022 | |||||||
17.03 | Property | 1 | ABC Mini Storage - North | 744,779 | 13,055 | 0 | 731,724 | 12,000,000 | As Is | 3/21/2022 | |||||||
18 | Loan | 20, 23 | 1 | Sawmill Plaza | 2,133,049 | 36,991 | 136,284 | 1,959,774 | 1.58 | 1.45 | 10.9% | 10.1% | 28,000,000 | As Is | 3/18/2022 | 69.6% | 58.4% |
19 | Loan | 10, 13, 19, 20 | 1 | 4S Ranch Village Center | 2,025,080 | 16,852 | 56,173 | 1,952,056 | 1.82 | 1.75 | 11.0% | 10.6% | 36,900,000 | As Is | 2/25/2022 | 50.0% | 40.4% |
20 | Loan | 1, 6, 19, 23 | 2 | The Summit | 41,101,145 | 181,461 | 688,764 | 40,230,920 | 4.20 | 4.11 | 12.6% | 12.3% | 895,500,000 | As Is | 11/1/2021 | 36.5% | 36.5% |
20.01 | Property | 1 | Summit 1, 2 | NAV | NAV | NAV | NAV | 500,000,000 | As Is | 11/1/2021 | |||||||
20.02 | Property | 1 | Summit 3 | NAV | NAV | NAV | NAV | 395,500,000 | As Is | 11/1/2021 | |||||||
21 | Loan | 10, 19, 20 | 1 | Hamilton Commons | 5,530,291 | 84,641 | 503,812 | 4,941,839 | 4.37 | 3.91 | 14.2% | 12.7% | 65,600,000 | As Is | 1/17/2020 | 59.5% | 59.5% |
22 | Loan | 15, 19 | 1 | Church Ranch Corporate Center | 1,787,907 | 76,063 | 115,211 | 1,596,634 | 1.96 | 1.75 | 10.8% | 9.7% | 25,600,000 | As Is | 3/2/2022 | 64.5% | 64.5% |
23 | Loan | 6, 12, 19 | 2 | Oak Ridge Office Park | 3,291,327 | 70,003 | 448,965 | 2,772,360 | 2.18 | 1.84 | 12.3% | 10.4% | 43,000,000 | As Is | 7/26/2021 | 62.1% | 49.5% |
23.01 | Property | 1 | Oak Ridge Technical Center | 2,380,304 | 45,274 | 290,365 | 2,044,665 | 31,300,000 | As Is | 7/26/2021 | |||||||
23.02 | Property | 1 | Oak Ridge Corporate Center | 911,023 | 24,729 | 158,600 | 727,695 | 11,700,000 | As Is | 7/26/2021 | |||||||
24 | Loan | 2, 13, 19, 20, 23 | 1 | Kalamazoo Distribution Center | 1,488,061 | 31,350 | 62,700 | 1,394,010 | 1.80 | 1.68 | 10.1% | 9.4% | 23,200,000 | As Is | 2/8/2022 | 63.8% | 63.8% |
25 | Loan | 6 | 2 | Corpus Christi Portfolio | 1,979,774 | 212,043 | 0 | 1,767,731 | 2.02 | 1.80 | 13.9% | 12.4% | 20,700,000 | As Is | 3/2/2022 | 68.9% | 57.8% |
25.01 | Property | 1 | The Staybridge Suites | 956,111 | 103,584 | 0 | 852,527 | 11,400,000 | As Is | 3/2/2022 | |||||||
25.02 | Property | 1 | The Holiday Inn Express & Suites | 1,023,664 | 108,459 | 0 | 915,205 | 9,300,000 | As Is | 3/2/2022 | |||||||
26 | Loan | 15, 19 | 1 | Rosedale & Soundview | 1,554,141 | 9,451 | 82,651 | 1,462,038 | 2.28 | 2.15 | 11.5% | 10.8% | 26,300,000 | As Is | 2/6/2022 | 51.3% | 51.3% |
27 | Loan | 15 | 1 | Panther Lake Shopping Center | 1,452,047 | 21,305 | 18,278 | 1,412,464 | 1.98 | 1.93 | 10.8% | 10.5% | 21,000,000 | As Is | 1/17/2022 | 64.3% | 64.3% |
28 | Loan | 1 | Biotrial Medical Center | 1,776,650 | 15,125 | 90,750 | 1,670,775 | 2.36 | 2.22 | 13.7% | 12.9% | 34,500,000 | As Is | 4/13/2022 | 37.7% | 37.7% | |
29 | Loan | 1, 6, 12, 15, 19, 20, 23 | 6 | Moonwater Office Portfolio | 10,477,093 | 158,766 | 611,320 | 9,707,007 | 1.53 | 1.42 | 9.0% | 8.4% | 196,300,000 | As Is | 10/7/2021 | 59.1% | 52.7% |
29.01 | Property | 1 | 6543 Las Vegas Boulevard South | 3,247,531 | 44,189 | 175,922 | 3,027,420 | 66,700,000 | As Is | 10/7/2021 | |||||||
29.02 | Property | 1 | 6226 West Sahara Avenue | 2,967,043 | 30,000 | 157,752 | 2,779,291 | 40,600,000 | As Is | 10/7/2021 | |||||||
29.03 | Property | 1 | 10190 Covington Cross Drive | 1,864,637 | 14,658 | 104,421 | 1,745,558 | 26,600,000 | As Is | 10/7/2021 | |||||||
29.04 | Property | 1 | 1450 Center Crossing Road | 1,318,827 | 38,375 | 102,592 | 1,177,860 | 26,500,000 | As Is | 10/7/2021 | |||||||
29.05 | Property | 1 | 6551 Las Vegas Boulevard South | 933,215 | 13,439 | 42,229 | 877,547 | 18,500,000 | As Is | 10/7/2021 | |||||||
29.06 | Property | 1 | 9901-9921 Covington Cross Drive | 145,839 | 18,104 | 28,405 | 99,330 | 17,400,000 | As Is | 10/7/2021 | |||||||
30 | Loan | 15, 19 | 1 | Magnolia Square | 1,276,102 | 16,171 | 25,015 | 1,234,916 | 1.53 | 1.48 | 10.2% | 9.9% | 17,400,000 | As Is | 3/8/2022 | 71.8% | 61.1% |
31 | Loan | 15, 19, 28 | 1 | Nona Commons | 1,478,911 | 8,453 | 55,403 | 1,415,055 | 2.13 | 2.04 | 12.3% | 11.8% | 23,100,000 | As Is | 2/11/2022 | 51.9% | 45.0% |
32 | Loan | 16, 19 | 1 | Walgreens - St Paul | 947,153 | 0 | 0 | 947,153 | 1.58 | 1.58 | 8.5% | 8.5% | 19,000,000 | As Is | 2/7/2022 | 58.9% | 58.9% |
33 | Loan | 6 | 2 | Aragona Retail Portfolio | 1,295,508 | 16,220 | 94,448 | 1,184,840 | 2.61 | 2.39 | 12.2% | 11.1% | 18,200,000 | As Is | 2/7/2022 | 58.5% | 58.5% |
33.01 | Property | 1 | Macomb Centre Plaza | 989,986 | 9,730 | 70,820 | 909,436 | 13,900,000 | As Is | 2/7/2022 | |||||||
33.02 | Property | 1 | River Park Plaza | 305,522 | 6,490 | 23,628 | 275,404 | 4,300,000 | As Is | 2/7/2022 | |||||||
34 | Loan | 15 | 1 | Centennial Plaza | 1,310,660 | 17,318 | 32,728 | 1,260,613 | 2.29 | 2.20 | 13.1% | 12.6% | 15,500,000 | As Is | 12/10/2021 | 64.5% | 54.3% |
35 | Loan | 17 | 1 | Great American Self Storage | 935,127 | 13,041 | 0 | 922,086 | 1.68 | 1.65 | 9.7% | 9.6% | 17,300,000 | As Is | 11/5/2021 | 55.5% | 55.5% |
36 | Loan | 15, 19, 21 | 1 | South Valley Center | 971,395 | 8,444 | 40,358 | 922,593 | 1.96 | 1.86 | 10.2% | 9.7% | 17,300,000 | As Is | 4/4/2022 | 54.9% | 54.9% |
37 | Loan | 13, 19 | 1 | 127 8th Avenue Leased Fee | 919,895 | 0 | 0 | 919,895 | 1.55 | 1.55 | 9.7% | 9.7% | 29,200,000 | As Is | 4/4/2022 | 32.5% | 26.5% |
38 | Loan | 10, 30 | 1 | Go Store It Crossville | 880,558 | 17,347 | 0 | 863,212 | 1.94 | 1.90 | 9.8% | 9.6% | 17,175,000 | As Is | 2/16/2022 | 52.4% | 52.4% |
39 | Loan | 2, 3, 16, 19, 27 | 1 | 965-977 Frankford Avenue | 779,315 | 8,836 | 3,908 | 766,571 | 1.68 | 1.65 | 8.7% | 8.5% | 15,100,000 | As Is | 3/9/2022 | 59.6% | 59.6% |
40 | Loan | 16, 19 | 1 | Home2 Suites Bedford | 1,465,206 | 108,933 | 0 | 1,356,273 | 2.66 | 2.47 | 16.3% | 15.1% | 16,500,000 | As Is | 2/1/2022 | 54.4% | 44.2% |
41 | Loan | 13, 16, 32 | 1 | Edwards Landing Apartments | 743,580 | 19,500 | 0 | 724,080 | 1.63 | 1.59 | 9.0% | 8.8% | 15,700,000 | As Is | 3/10/2022 | 52.5% | 52.5% |
42 | Loan | 1 | Holiday Inn Express - Memphis, TN | 1,172,911 | 118,188 | 0 | 1,054,723 | 2.51 | 2.26 | 16.9% | 15.2% | 10,400,000 | As Is | 2/18/2022 | 66.8% | 55.7% | |
43 | Loan | 19 | 1 | Shops at The Domain | 639,511 | 2,022 | 16,314 | 621,174 | 1.42 | 1.38 | 9.5% | 9.3% | 11,200,000 | As Is | 2/8/2022 | 59.8% | 55.5% |
44 | Loan | 16, 30 | 1 | 275 Commerce | 756,780 | 10,152 | 50,850 | 695,778 | 1.84 | 1.69 | 12.6% | 11.6% | 9,200,000 | As Is | 3/31/2022 | 65.2% | 58.4% |
45 | Loan | 11, 19 | 1 | CVS Pawtucket | 468,000 | 1,632 | 0 | 466,368 | 1.47 | 1.46 | 7.9% | 7.9% | 9,800,000 | As Is | 2/24/2022 | 60.2% | 60.2% |
46 | Loan | 5, 19 | 1 | Candlewood Suites Elgin | 800,902 | 72,298 | 0 | 728,604 | 2.20 | 2.00 | 15.1% | 13.7% | 8,500,000 | As Is Extraordinary | 12/19/2019 | 62.5% | 47.9% |
47 | Loan | 1 | Load and Lock Self Storage | 496,445 | 8,554 | 0 | 487,891 | 1.56 | 1.53 | 9.6% | 9.5% | 9,200,000 | As Is | 2/2/2022 | 56.0% | 56.0% | |
48 | Loan | 15 | 1 | Hartsville Crossing | 623,993 | 6,865 | 13,961 | 603,168 | 2.25 | 2.18 | 12.5% | 12.1% | 8,600,000 | As Is | 3/11/2022 | 58.1% | 58.1% |
49 | Loan | 1 | Washington MHC Portfolio | 472,805 | 5,500 | 0 | 467,305 | 1.72 | 1.70 | 9.5% | 9.3% | 8,290,000 | As Is | 3/2/2022 | 60.3% | 60.3% | |
50 | Loan | 20 | 1 | 5400-5450 W. Atlantic Blvd | 473,267 | 5,207 | 26,591 | 441,469 | 2.13 | 1.99 | 10.8% | 10.0% | 7,300,000 | As Is | 12/31/2021 | 60.3% | 60.3% |
51 | Loan | 19 | 1 | Walgreens McDonough | 362,129 | 0 | 0 | 362,129 | 1.61 | 1.61 | 8.6% | 8.6% | 7,100,000 | As Is | 3/6/2022 | 59.2% | 59.2% |
52 | Loan | 16 | 1 | 701 Van Duzer Street | 429,589 | 3,720 | 6,500 | 419,369 | 2.13 | 2.08 | 10.2% | 10.0% | 6,400,000 | As Is | 2/15/2022 | 65.6% | 65.6% |
53 | Loan | 20 | 1 | Marymoor Self Storage | 1,051,716 | 5,051 | 0 | 1,046,665 | 5.20 | 5.17 | 25.3% | 25.2% | 21,370,000 | As Is | 3/31/2022 | 19.4% | 19.4% |
54 | Loan | 1 | 28818 Cinco Ranch | 457,153 | 3,430 | 25,000 | 428,723 | 2.14 | 2.00 | 11.9% | 11.1% | 7,150,000 | As Is | 3/1/2022 | 53.8% | 53.8% | |
55 | Loan | 16 | 1 | The Storage Depot | 260,795 | 5,322 | 0 | 255,473 | 1.42 | 1.39 | 8.8% | 8.7% | 6,150,000 | As Is | 4/5/2022 | 48.0% | 48.0% |
56 | Loan | 19 | 1 | Walgreens Plainfield | 281,309 | 0 | 0 | 281,309 | 1.87 | 1.87 | 9.5% | 9.5% | 5,800,000 | As Is | 2/27/2022 | 50.9% | 50.9% |
57 | Loan | 16 | 1 | CVS Fourth Street | 238,601 | 0 | 0 | 238,601 | 1.29 | 1.29 | 8.6% | 8.6% | 4,400,000 | As Is | 2/8/2022 | 62.9% | 52.3% |
58 | Loan | 19 | 1 | Walgreens House Springs | 221,871 | 0 | 0 | 221,871 | 1.81 | 1.81 | 9.2% | 9.2% | 4,430,000 | As Is | 3/8/2022 | 54.2% | 54.2% |
59 | Loan | 1 | Inner Space Storage | 127,061 | 3,050 | 0 | 124,011 | 1.92 | 1.87 | 9.8% | 9.5% | 2,050,000 | As Is | 3/22/2022 | 63.4% | 63.4% | |
60 | Loan | 2 | 1 | Lamplighter MHC | 123,943 | 1,500 | 0 | 122,443 | 1.45 | 1.44 | 10.3% | 10.2% | 2,260,000 | As Is | 4/1/2022 | 53.1% | 47.9% |
A-1-13 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Leased Occupancy (%) | Occupancy Date | Single Tenant (Y/N) | Largest Tenant | Largest Tenant SF | Largest Tenant % of NRA | Largest Tenant Lease Expiration Date | Second Largest Tenant | Second Largest Tenant SF | Second Largest Tenant % of NRA | Second Largest Tenant Lease Expiration Date |
3,4 | 21,22,23 | 21,22,23 | |||||||||||||
1 | Loan | 6, 10,12 | 5 | Houston Multifamily Portfolio | 90.5% | 4/24/2022 | |||||||||
1.01 | Property | 1 | Providence at Memorial | 94.7% | 4/24/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.02 | Property | 1 | Diamond Hill | 86.9% | 4/24/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.03 | Property | 1 | Casa Del Mar | 89.8% | 4/24/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.04 | Property | 1 | Sedona Pointe | 89.2% | 4/24/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.05 | Property | 1 | Buena Vista | 92.5% | 4/24/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
2 | Loan | 1, 2, 3, 6, 12, 13, 14, 19 | 2 | Yorkshire & Lexington Towers | 96.4% | 3/1/2022 | |||||||||
2.01 | Property | 1 | Yorkshire Towers | 96.3% | 3/1/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
2.02 | Property | 1 | Lexington Towers | 96.9% | 3/1/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3 | Loan | 10, 13, 19, 21, 24 | 1 | 1888 Century Park East | 91.6% | 11/16/2021 | No | First Republic Bank | 107,894 | 21.5% | 11/30/2030 | Sullivan & Cromwell LLP | 51,822 | 10.3% | MTM |
4 | Loan | 12, 15, 16, 19, 24 | 1 | 3075 Olcott | 100.0% | 4/8/2022 | Yes | Amazon.com Services LLC | 246,606 | 100.0% | 9/30/2032 | NAP | NAP | NAP | NAP |
5 | Loan | 12, 16, 24 | 1 | 70 Hudson Street | 94.1% | 12/31/2021 | No | TD Ameritrade | 208,396 | 48.3% | 6/30/2033 | Fidessa Corporation | 78,000 | 18.1% | 12/31/2032 |
6 | Loan | 1, 6, 10, 12, 16, 30 | 34 | ExchangeRight Net Leased Portfolio #55 | 100.0% | 4/8/2022 | |||||||||
6.01 | Property | 1 | Walmart Neighborhood Market - Prairieville (Airline), LA | 100.0% | 4/8/2022 | Yes | Walmart Neighborhood Market | 41,917 | 100.0% | 4/12/2032 | NAP | NAP | NAP | NAP | |
6.02 | Property | 1 | Pick N Save - Sun Prairie (Main), WI | 100.0% | 4/8/2022 | Yes | Pick 'n Save | 61,048 | 100.0% | 12/31/2029 | NAP | NAP | NAP | NAP | |
6.03 | Property | 1 | Schnucks - Love's Park (Harlem), IL | 100.0% | 4/8/2022 | Yes | Schnucks | 142,357 | 100.0% | 12/31/2028 | NAP | NAP | NAP | NAP | |
6.04 | Property | 1 | Walmart Neighborhood Market - Thibodaux (Main), LA | 100.0% | 4/8/2022 | Yes | Walmart Neighborhood Market | 42,311 | 100.0% | 1/27/2031 | NAP | NAP | NAP | NAP | |
6.05 | Property | 1 | Walmart Neighborhood Market - Houma (Park), LA | 100.0% | 4/8/2022 | Yes | Walmart Neighborhood Market | 44,237 | 100.0% | 8/31/2031 | NAP | NAP | NAP | NAP | |
6.06 | Property | 1 | Publix - Decatur (Point), AL | 100.0% | 4/8/2022 | Yes | Publix | 45,600 | 100.0% | 2/28/2038 | NAP | NAP | NAP | NAP | |
6.07 | Property | 1 | PNC Bank - Clarendon Hills (Holmes), IL | 100.0% | 4/8/2022 | Yes | PNC Bank, N.A. | 15,896 | 100.0% | 4/30/2032 | NAP | NAP | NAP | NAP | |
6.08 | Property | 1 | Walmart Neighborhood Market - New Iberia (Parkview), LA | 100.0% | 4/8/2022 | Yes | Walmart Neighborhood Market | 41,952 | 100.0% | 10/21/2031 | NAP | NAP | NAP | NAP | |
6.09 | Property | 1 | Walmart Neighborhood Market - Opelousas (Union), LA | 100.0% | 4/8/2022 | Yes | Walmart Neighborhood Market | 43,240 | 100.0% | 1/13/2031 | NAP | NAP | NAP | NAP | |
6.10 | Property | 1 | Walmart Neighborhood Market - Meraux (Archbishop), LA | 100.0% | 4/8/2022 | Yes | Walmart Neighborhood Market | 42,311 | 100.0% | 1/27/2031 | NAP | NAP | NAP | NAP | |
6.11 | Property | 1 | CVS Pharmacy - Auburn (Opelika), AL | 100.0% | 4/8/2022 | Yes | CVS Pharmacy | 13,253 | 100.0% | 1/30/2030 | NAP | NAP | NAP | NAP | |
6.12 | Property | 1 | Huntington Bank- Clarksburg (Pike), WV | 100.0% | 4/8/2022 | Yes | Huntington Bancshares | 43,500 | 100.0% | 12/31/2030 | NAP | NAP | NAP | NAP | |
6.13 | Property | 1 | CVS Pharmacy - Grand Rapids (Fuller), MI | 100.0% | 4/8/2022 | Yes | CVS Pharmacy | 10,965 | 100.0% | 6/30/2027 | NAP | NAP | NAP | NAP | |
6.14 | Property | 1 | O'Reilly Auto Parts - Madison (Commerce), WI | 100.0% | 4/8/2022 | Yes | O'Reilly Auto Parts | 16,240 | 100.0% | 10/31/2031 | NAP | NAP | NAP | NAP | |
6.15 | Property | 1 | U.S. Bank - Northlake (North), IL | 100.0% | 4/8/2022 | Yes | U.S. Bank National Association | 5,300 | 100.0% | 1/31/2028 | NAP | NAP | NAP | NAP | |
6.16 | Property | 1 | CVS - Tullahoma (Jackson), TN | 100.0% | 4/8/2022 | Yes | CVS Pharmacy | 9,600 | 100.0% | 5/31/2032 | NAP | NAP | NAP | NAP | |
6.17 | Property | 1 | 7-Eleven- La Grange (Ogden), IL | 100.0% | 4/8/2022 | Yes | 7-Eleven | 3,000 | 100.0% | 8/31/2028 | NAP | NAP | NAP | NAP | |
6.18 | Property | 1 | U.S. Bank - Elk Grove Village (Devon), IL | 100.0% | 4/8/2022 | Yes | U.S. Bank National Association | 4,250 | 100.0% | 1/31/2028 | NAP | NAP | NAP | NAP | |
6.19 | Property | 1 | Sherwin Williams - Marysville (Fifth), OH | 100.0% | 4/8/2022 | Yes | Sherwin Williams | 3,500 | 100.0% | 2/28/2033 | NAP | NAP | NAP | NAP | |
6.20 | Property | 1 | O'Reilly - Owensboro (Bold Forbes), KY | 100.0% | 4/8/2022 | Yes | O'Reilly Auto Parts | 7,150 | 100.0% | 8/31/2036 | NAP | NAP | NAP | NAP | |
6.21 | Property | 1 | PNC Bank - Aurora (Galena), IL | 100.0% | 4/8/2022 | Yes | PNC Bank, N.A. | 5,000 | 100.0% | 5/31/2031 | NAP | NAP | NAP | NAP | |
6.22 | Property | 1 | NAPA Auto Parts - Downers Grove (Ogden), IL | 100.0% | 4/8/2022 | Yes | Napa Auto Parts | 10,500 | 100.0% | 7/31/2029 | NAP | NAP | NAP | NAP | |
6.23 | Property | 1 | Family Dollar - Cuyahoga Falls (Bailey), OH | 100.0% | 4/8/2022 | Yes | Family Dollar | 8,353 | 100.0% | 9/30/2029 | NAP | NAP | NAP | NAP | |
6.24 | Property | 1 | Dollar General - Lewiston (Sabattus), ME | 100.0% | 4/8/2022 | Yes | Dollar General | 9,026 | 100.0% | 2/28/2030 | NAP | NAP | NAP | NAP | |
6.25 | Property | 1 | U.S. Bank - Niles (Dempster), IL | 100.0% | 4/8/2022 | Yes | U.S. Bank National Association | 5,477 | 100.0% | 1/31/2028 | NAP | NAP | NAP | NAP | |
6.26 | Property | 1 | Dollar Tree - Des Plaines (Rand), IL | 100.0% | 4/8/2022 | Yes | Dollar Tree | 8,300 | 100.0% | 1/31/2029 | NAP | NAP | NAP | NAP | |
6.27 | Property | 1 | Dollar General - Odessa (University), TX | 100.0% | 4/8/2022 | Yes | Dollar General | 9,026 | 100.0% | 5/31/2028 | NAP | NAP | NAP | NAP | |
6.28 | Property | 1 | Dollar General - Weber City, (Hwy 23), VA | 100.0% | 4/8/2022 | Yes | Dollar General | 9,495 | 100.0% | 10/31/2028 | NAP | NAP | NAP | NAP | |
6.29 | Property | 1 | Dollar General- Springtown (Highway), TX | 100.0% | 4/8/2022 | Yes | Dollar General | 9,026 | 100.0% | 5/31/2029 | NAP | NAP | NAP | NAP | |
6.30 | Property | 1 | Sherwin Williams - Champaign (Marketview), IL | 100.0% | 4/8/2022 | Yes | Sherwin Williams | 4,884 | 100.0% | 8/31/2031 | NAP | NAP | NAP | NAP | |
6.31 | Property | 1 | Dollar General - Holly (Saginaw), MI | 100.0% | 4/8/2022 | Yes | Dollar General | 10,736 | 100.0% | 10/31/2028 | NAP | NAP | NAP | NAP | |
6.32 | Property | 1 | Dollar General - Dyer (Sheffield), IN | 100.0% | 4/8/2022 | Yes | Dollar General | 9,014 | 100.0% | 2/29/2028 | NAP | NAP | NAP | NAP | |
6.33 | Property | 1 | Dollar General - Lubbock (University), TX | 100.0% | 4/8/2022 | Yes | Dollar General | 9,014 | 100.0% | 8/31/2029 | NAP | NAP | NAP | NAP | |
6.34 | Property | 1 | Citizens Bank - Wilmington (Marsh), DE | 100.0% | 4/8/2022 | Yes | Citizens Bank | 2,475 | 100.0% | 6/30/2027 | NAP | NAP | NAP | NAP | |
7 | Loan | 1, 12, 13, 15, 19, 27, 30 | 1 | Bell Works | 90.5% | 2/1/2022 | No | iCIMS, Inc. | 331,378 | 24.2% | 11/30/2032 | Guardian Life Insurance Company of America | 91,319 | 6.7% | 12/31/2032 |
8 | Loan | 1, 5, 6, 12, 13, 19, 29 | 17 | ILPT Logistics Portfolio | 100.0% | Various | |||||||||
8.01 | Property | 1 | 4000 Principio Parkway | 100.0% | 2/25/2022 | Yes | Restoration Hardware, Inc. | 1,194,744 | 100.0% | 2/29/2028 | NAP | NAP | NAP | NAP | |
8.02 | Property | 1 | 2020 Joe B. Jackson Parkway | 100.0% | 2/25/2022 | Yes | Amazon.com Services, Inc. | 1,016,281 | 100.0% | 9/30/2027 | NAP | NAP | NAP | NAP | |
8.03 | Property | 1 | 1901 Meadowville Technology Parkway | 100.0% | 2/25/2022 | Yes | Amazon.com Services, Inc. | 1,016,281 | 100.0% | 9/30/2027 | NAP | NAP | NAP | NAP | |
8.04 | Property | 1 | 52 Pettengill Road | 100.0% | 2/25/2022 | Yes | UPS Supply Chain Solutions, Inc. | 614,240 | 100.0% | 5/31/2030 | NAP | NAP | NAP | NAP | |
8.05 | Property | 1 | 510 John Dodd Road | 100.0% | 2/25/2022 | Yes | Amazon.com Services, Inc. | 1,015,740 | 100.0% | 9/30/2027 | NAP | NAP | NAP | NAP | |
8.06 | Property | 1 | 309 Dulty's Lane | 100.0% | 2/25/2022 | Yes | BJ's Wholesale Club, Inc. | 633,836 | 100.0% | 7/31/2033 | NAP | NAP | NAP | NAP | |
8.07 | Property | 1 | 5300 Centerpoint Parkway | 100.0% | 2/25/2022 | Yes | Avnet, Inc. | 581,342 | 100.0% | 9/30/2026 | NAP | NAP | NAP | NAP | |
8.08 | Property | 1 | 17001 West Mercury Street | 100.0% | 2/25/2022 | Yes | ELC Distribution Center LLC | 645,462 | 100.0% | 8/31/2032 | NAP | NAP | NAP | NAP | |
8.09 | Property | 1 | 725 Darlington Avenue | 100.0% | 2/25/2022 | Yes | YNAP Corporation | 167,424 | 100.0% | 8/31/2035 | NAP | NAP | NAP | NAP | |
8.10 | Property | 1 | 10100 89th Avenue N | 100.0% | 2/1/2022 | No | Bunzl Minneapolis, LLC | 155,313 | 48.7% | 8/31/2029 | Pelican Bio Thermal LLC | 117,242 | 36.7% | 9/30/2031 | |
8.11 | Property | 1 | 7303 Rickenbacker Parkway West | 100.0% | 2/25/2022 | Yes | SYNNEX Corporation | 357,504 | 100.0% | 4/30/2028 | NAP | NAP | NAP | NAP | |
8.12 | Property | 1 | 4836 Hickory Hill Road | 100.0% | 2/25/2022 | Yes | Barrett Distribution Centers, LLC | 646,160 | 100.0% | 4/30/2027 | NAP | NAP | NAP | NAP | |
8.13 | Property | 1 | 7000 West Post Road | 100.0% | 2/25/2022 | Yes | Federal Express Corporation | 95,953 | 100.0% | 9/30/2025 | NAP | NAP | NAP | NAP | |
8.14 | Property | 1 | 3201 Bearing Drive | 100.0% | 2/25/2022 | Yes | Amcor Rigid Plastics USA, Inc. | 422,912 | 100.0% | 6/30/2029 | NAP | NAP | NAP | NAP | |
8.15 | Property | 1 | 900 Commerce Parkway West Drive | 100.0% | 2/25/2022 | Yes | BlueTriton Brands, Inc. | 294,388 | 100.0% | 7/31/2031 | NAP | NAP | NAP | NAP | |
8.16 | Property | 1 | 6825 West County Road 400 North | 100.0% | 2/1/2022 | No | Stanley Security Solutions, Inc. | 108,467 | 44.3% | 2/28/2027 | Envigo RMS, LLC | 77,041 | 31.4% | 12/31/2023 | |
8.17 | Property | 1 | 951 Trails Road | 100.0% | 2/25/2022 | Yes | Joseph T. Ryerson & Son, Inc. | 171,951 | 100.0% | 8/31/2033 | NAP | NAP | NAP | NAP | |
9 | Loan | 6, 12, 13, 15, 19, 20, 24, 28 | 5 | Phoenix Industrial Portfolio VIII | 95.8% | Various | |||||||||
9.01 | Property | 1 | West Mifflin, PA | 91.5% | 4/12/2022 | No | Anex Warehouse | 136,492 | 21.8% | MTM | Eby Brown Leasing LLC | 92,777 | 14.8% | 7/31/2024 | |
9.02 | Property | 1 | Church Hill, TN | 100.0% | 4/12/2022 | No | Northern Safety Co. Inc. | 234,009 | 28.6% | 10/31/2026 | Phoenix Logistics | 165,456 | 20.2% | MTM | |
9.03 | Property | 1 | Mossville, IL | 100.0% | 5/10/2022 | Yes | Superior Consolidated | 478,400 | 100.0% | 12/31/2025 | NAP | NAP | NAP | NAP | |
9.04 | Property | 1 | Eldon, MO | 83.5% | 4/12/2022 | No | Adient US LLC | 230,669 | 83.5% | 4/30/2024 | NAP | NAP | NAP | NAP | |
9.05 | Property | 1 | Kingsport, TN | 100.0% | 5/10/2022 | Yes | Phoenix Logistics | 130,751 | 100.0% | 6/30/2029 | NAP | NAP | NAP | NAP | |
10 | Loan | 2, 4, 6, 16 | 8 | BVG Portfolio III | 89.7% | 4/12/2022 | |||||||||
10.01 | Property | 1 | Trinidad RV & Emerald Forest RV & Campground | 70.0% | 4/12/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.02 | Property | 1 | Hacienda RV Resort | 96.2% | 4/12/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.03 | Property | 1 | Gardena MHC & Apts | 96.4% | 4/12/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.04 | Property | 1 | Fairmont MHC | 100.0% | 4/12/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.05 | Property | 1 | Gansett MHC | 94.3% | 4/12/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.06 | Property | 1 | Elsinore Hills RV Park | 96.0% | 4/12/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.07 | Property | 1 | Flying A MHC | 93.9% | 4/12/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.08 | Property | 1 | Golden Arrow MHC | 95.5% | 4/12/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11 | Loan | 15, 19 | 1 | Perry Hall Centre and Perry Hall Square | 91.6% | 2/28/2022 | No | Giant | 56,848 | 24.5% | 8/31/2027 | AMF (Brunswick Bowling) | 40,544 | 17.5% | 6/30/2025 |
12 | Loan | 9, 10, 12, 16, 17, 19, 27, 32 | 1 | The Shoppes at Eagle Point | 98.0% | 4/1/2022 | No | Academy Sports | 62,962 | 27.6% | 4/30/2034 | Publix | 45,600 | 20.0% | 8/31/2038 |
13 | Loan | 11, 16 | 1 | Village at Mitchell Ranch | 100.0% | 3/1/2022 | No | Sprouts | 29,896 | 20.4% | 7/31/2034 | Michaels | 21,772 | 14.8% | 8/31/2029 |
14 | Loan | 1, 6, 12, 19 | 14 | Twin Spans Business Park and Delaware River Industrial Park | 98.2% | Various | |||||||||
14.01 | Property | 1 | 350 Anchor Mill Road | 99.8% | 1/1/2022 | No | Best Warehousing & Transportation | 216,664 | 51.4% | 4/30/2025 | Hermann Warehouse Corp. | 203,892 | 48.4% | 4/30/2024 |
A-1-14 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Leased Occupancy (%) | Occupancy Date | Single Tenant (Y/N) | Largest Tenant | Largest Tenant SF | Largest Tenant % of NRA | Largest Tenant Lease Expiration Date | Second Largest Tenant | Second Largest Tenant SF | Second Largest Tenant % of NRA | Second Largest Tenant Lease Expiration Date |
3,4 | 21,22,23 | 21,22,23 | |||||||||||||
14.02 | Property | 1 | 301 Anchor Mill Road | 100.0% | 1/28/2022 | Yes | Tire Rack, Inc | 335,046 | 100.0% | 6/30/2027 | NAP | NAP | NAP | NAP | |
14.03 | Property | 1 | 400 Ships Landing Way | 100.0% | 1/28/2022 | Yes | Zenith Products Corp | 235,000 | 100.0% | 3/31/2027 | NAP | NAP | NAP | NAP | |
14.04 | Property | 1 | 800 Ships Landing Way | 100.0% | 1/1/2022 | No | CEVA Logistics US Inc | 125,000 | 55.3% | 6/30/2023 | The Hibbert Company | 101,200 | 44.7% | 1/31/2028 | |
14.05 | Property | 1 | 6 Dockview | 100.0% | 1/1/2022 | No | Iron Mountain | 134,240 | 66.8% | 2/28/2026 | Zenith Products Corp | 41,839 | 20.8% | 7/31/2023 | |
14.06 | Property | 1 | 501 Ships Landing Way | 100.0% | 1/1/2022 | No | Choctaw-Kaul Distribution Co | 104,268 | 65.3% | 8/31/2027 | NCC Vo-Tech School | 34,823 | 21.8% | 10/31/2026 | |
14.07 | Property | 1 | 250 Anchor Mill Road | 100.0% | 1/1/2022 | No | Iron Mountain | 63,600 | 59.6% | 3/31/2025 | PODS of Philadelphia, LLC | 43,200 | 40.4% | 12/31/2022 | |
14.08 | Property | 1 | 10 Dockview Drive | 100.0% | 1/1/2022 | No | Mayflower Laundry | 34,000 | 33.8% | 10/31/2028 | Trinity International Industries, LLC | 33,457 | 33.2% | 1/31/2025 | |
14.09 | Property | 1 | 7 - 23 Harborview Drive | 100.0% | 1/1/2022 | No | Southern Wine & Spirits of Delaware | 33,800 | 49.7% | 9/30/2022 | Carlyle Cocoa | 19,467 | 28.6% | 8/31/2024 | |
14.10 | Property | 1 | 200 Anchor Mill Road | 100.0% | 1/1/2022 | No | Ferguson Enterprises, Inc | 61,000 | 60.3% | 6/30/2025 | Art Guild, Inc. | 40,182 | 39.7% | 9/30/2024 | |
14.11 | Property | 1 | 300 Anchor Mill Road | 100.0% | 1/28/2022 | Yes | Speakman Co | 83,850 | 100.0% | 5/31/2026 | NAP | NAP | NAP | NAP | |
14.12 | Property | 1 | 27 - 55 Harborview Drive | 86.0% | 1/1/2022 | No | Nat'l Roll Kote | 34,837 | 50.9% | MTM | Carlyle Cocoa | 24,016 | 35.1% | 8/31/2024 | |
14.13 | Property | 1 | 100 Ships Landing | 100.0% | 1/28/2022 | Yes | Timken Co | 44,800 | 100.0% | 11/30/2027 | NAP | NAP | NAP | NAP | |
14.14 | Property | 1 | 600 Ships Landing Way | 0.0% | 1/1/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15 | Loan | 6, 12 | 6 | Stockton Self Storage Portfolio | 97.8% | Various | |||||||||
15.01 | Property | 1 | Airport Road Self Storage | 94.3% | 4/15/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.02 | Property | 1 | Morada Self Storage | 99.2% | 4/15/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.03 | Property | 1 | Highway 88 Self Storage | 98.1% | 4/15/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.04 | Property | 1 | Beckman Road Industrial | 100.0% | 4/21/2022 | Yes | Cepheid (subsidiary of Danaher Corp) | 99,000 | 100.0% | 1/31/2031 | NAP | NAP | NAP | NAP | |
15.05 | Property | 1 | Highway 99 Self Storage | 98.6% | 4/15/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.06 | Property | 1 | Eight Mile Road Self Storage | 97.1% | 4/15/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
16 | Loan | 6, 7 | 2 | Deerfield and Courtyard Apartments | 96.9% | 3/18/2022 | |||||||||
16.01 | Property | 1 | Deerfield Apartments | 98.8% | 3/18/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
16.02 | Property | 1 | Courtyard Apartments | 94.4% | 3/18/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
17 | Loan | 6, 10 | 3 | ABC Mini Storage Portfolio | 89.2% | 4/5/2022 | |||||||||
17.01 | Property | 1 | ABC Mini Storage - West | 86.6% | 4/5/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
17.02 | Property | 1 | ABC Mini Storage - Valley | 91.0% | 4/5/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
17.03 | Property | 1 | ABC Mini Storage - North | 91.4% | 4/5/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18 | Loan | 20, 23 | 1 | Sawmill Plaza | 95.5% | 3/14/2022 | No | Hobby Lobby | 57,617 | 29.6% | 2/29/2024 | Planet Fitness | 28,469 | 14.6% | 9/30/2028 |
19 | Loan | 10, 13, 19, 20 | 1 | 4S Ranch Village Center | 98.1% | 1/31/2022 | No | Home Consignment Center | 13,969 | 24.9% | 9/30/2027 | Carl's Jr. | 3,900 | 6.9% | 8/31/2034 |
20 | Loan | 1, 6, 19, 23 | 2 | The Summit | 98.2% | 1/1/2022 | |||||||||
20.01 | Property | 1 | Summit 1, 2 | 96.9% | 1/1/2022 | No | Puget Sound Energy, Inc. | 223,820 | 42.0% | 10/31/2028 | WeWork | 133,059 | 25.0% | 3/31/2032 | |
20.02 | Property | 1 | Summit 3 | 100.0% | 1/1/2022 | Yes | Amazon.com Services, Inc. | 374,220 | 100.0% | 8/31/2036 | NAP | NAP | NAP | NAP | |
21 | Loan | 10, 19, 20 | 1 | Hamilton Commons | 85.0% | 3/2/2022 | No | Regal Cinemas | 65,000 | 16.1% | 3/31/2033 | Hobby Lobby | 50,063 | 12.4% | 12/31/2027 |
22 | Loan | 15, 19 | 1 | Church Ranch Corporate Center | 88.8% | 4/1/2022 | No | Westwood Professional Services | 17,137 | 13.8% | 12/31/2027 | Elixinol (Sublease to National Business Media) | 9,400 | 7.5% | 8/31/2024 |
23 | Loan | 6, 12, 19 | 2 | Oak Ridge Office Park | 76.3% | 2/28/2022 | |||||||||
23.01 | Property | 1 | Oak Ridge Technical Center | 83.1% | 2/28/2022 | No | Consolidated Nuclear Security, Inc. | 118,759 | 40.9% | 11/22/2022 | UT-Battelle, LLC | 35,100 | 12.1% | 3/8/2023 | |
23.02 | Property | 1 | Oak Ridge Corporate Center | 63.9% | 2/28/2022 | No | SAIC | 63,017 | 39.7% | 5/31/2024 | All Meds, Inc. | 21,467 | 13.5% | 2/28/2023 | |
24 | Loan | 2, 13, 19, 20, 23 | 1 | Kalamazoo Distribution Center | 95.1% | 4/18/2022 | No | Abraxas | 106,225 | 33.9% | 9/30/2023 | Kalsec | 99,820 | 31.8% | 6/30/2036 |
25 | Loan | 6 | 2 | Corpus Christi Portfolio | 79.3% | 2/28/2022 | |||||||||
25.01 | Property | 1 | The Staybridge Suites | 84.1% | 2/28/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
25.02 | Property | 1 | The Holiday Inn Express & Suites | 74.7% | 2/28/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26 | Loan | 15, 19 | 1 | Rosedale & Soundview | 98.2% | 3/30/2022 | No | Western Beef-Rosedale Avenue, Inc. | 30,657 | 48.7% | 8/31/2030 | Cee & Cee S.B. L.L.C. | 24,000 | 38.1% | 1/31/2026 |
27 | Loan | 15 | 1 | Panther Lake Shopping Center | 92.4% | 4/1/2022 | No | 24 HR Fitness | 44,682 | 39.8% | 6/30/2030 | Rite Aid | 23,360 | 20.8% | 5/31/2025 |
28 | Loan | 1 | Biotrial Medical Center | 100.0% | 5/6/2022 | Yes | Biotrial, Inc. | 60,500 | 100.0% | 7/31/2039 | NAP | NAP | NAP | NAP | |
29 | Loan | 1, 6, 12, 15, 19, 20, 23 | 6 | Moonwater Office Portfolio | 96.3% | Various | |||||||||
29.01 | Property | 1 | 6543 Las Vegas Boulevard South | 100.0% | 12/30/2021 | Yes | WeWork | 102,276 | 100.0% | 10/31/2034 | NAP | NAP | NAP | NAP | |
29.02 | Property | 1 | 6226 West Sahara Avenue | 100.0% | 12/30/2021 | Yes | Nevada Power Company | 292,180 | 100.0% | 1/31/2029 | NAP | NAP | NAP | NAP | |
29.03 | Property | 1 | 10190 Covington Cross Drive | 100.0% | 12/30/2021 | Yes | Coin Cloud | 75,588 | 100.0% | 7/31/2031 | NAP | NAP | NAP | NAP | |
29.04 | Property | 1 | 1450 Center Crossing Road | 100.0% | 12/30/2021 | Yes | Diamond Resort Corporation | 52,975 | 100.0% | 12/31/2023 | NAP | NAP | NAP | NAP | |
29.05 | Property | 1 | 6551 Las Vegas Boulevard South | 100.0% | 12/30/2021 | Yes | Amazon.com Services, Inc. | 31,105 | 100.0% | 12/31/2026 | NAP | NAP | NAP | NAP | |
29.06 | Property | 1 | 9901-9921 Covington Cross Drive | 60.1% | 10/7/2021 | No | DeVry Education Group, Inc. | 23,381 | 40.9% | 7/31/2028 | Adtalem Global Education Inc. | 10,969 | 19.2% | 7/31/2028 | |
30 | Loan | 15, 19 | 1 | Magnolia Square | 98.5% | 3/1/2022 | No | Ross Dress for Less | 30,025 | 27.9% | 1/31/2025 | Michael's | 20,246 | 18.8% | 8/31/2027 |
31 | Loan | 15, 19, 28 | 1 | Nona Commons | 100.0% | 3/1/2022 | No | Super Kids Academy | 6,763 | 12.8% | 3/14/2024 | Orlando Fine Arts Academy | 3,950 | 7.5% | 12/31/2022 |
32 | Loan | 16, 19 | 1 | Walgreens - St Paul | 100.0% | 4/13/2022 | Yes | Walgreens | 15,632 | 100.0% | 2/28/2036 | NAP | NAP | NAP | NAP |
33 | Loan | 6 | 2 | Aragona Retail Portfolio | 92.4% | 3/31/2022 | |||||||||
33.01 | Property | 1 | Macomb Centre Plaza | 89.8% | 3/31/2022 | No | Ace Hardware | 18,080 | 25.5% | 12/31/2027 | CVS | 12,900 | 18.2% | 1/31/2028 | |
33.02 | Property | 1 | River Park Plaza | 100.0% | 3/31/2022 | No | CVS | 10,845 | 45.9% | 8/31/2024 | AutoZone | 7,583 | 32.1% | 8/31/2026 | |
34 | Loan | 15 | 1 | Centennial Plaza | 91.3% | 12/1/2021 | No | X Sport Fitness | 39,339 | 34.1% | 1/31/2034 | BioLife Plasma Services | 16,515 | 14.3% | 11/30/2029 |
35 | Loan | 17 | 1 | Great American Self Storage | 97.7% | 2/2/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
36 | Loan | 15, 19, 21 | 1 | South Valley Center | 93.3% | 3/3/2022 | No | Davita | 17,690 | 35.6% | 3/31/2030 | Wellspace Health | 17,654 | 35.5% | 6/30/2033 |
37 | Loan | 13, 19 | 1 | 127 8th Avenue Leased Fee | 100.0% | 5/5/2022 | Yes | 16th and 8th LLC | 13,800 | 100.0% | 8/31/2105 | NAP | NAP | NAP | NAP |
38 | Loan | 10, 30 | 1 | Go Store It Crossville | 98.5% | 3/30/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
39 | Loan | 2, 3, 16, 19, 27 | 1 | 965-977 Frankford Avenue | 93.9% | 3/1/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
40 | Loan | 16, 19 | 1 | Home2 Suites Bedford | 66.6% | 1/31/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
41 | Loan | 13, 16, 32 | 1 | Edwards Landing Apartments | 100.0% | 3/1/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42 | Loan | 1 | Holiday Inn Express - Memphis, TN | 80.9% | 12/31/2021 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
43 | Loan | 19 | 1 | Shops at The Domain | 100.0% | 2/2/2022 | No | Mattress Firm | 3,258 | 24.2% | 6/30/2024 | Sleep Number | 3,000 | 22.3% | 8/31/2023 |
44 | Loan | 16, 30 | 1 | 275 Commerce | 97.9% | 4/1/2022 | No | Freiedman Schuman Applebaum & Nemeroff, PC | 9,570 | 18.8% | 6/30/2029 | RAM Technologies | 7,922 | 15.6% | 12/31/2024 |
45 | Loan | 11, 19 | 1 | CVS Pawtucket | 100.0% | 3/25/2022 | Yes | Rhode Island CVS Pharmacy, L.L.C. | 10,880 | 100.0% | 10/31/2041 | NAP | NAP | NAP | NAP |
46 | Loan | 5, 19 | 1 | Candlewood Suites Elgin | 73.3% | 2/28/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
47 | Loan | 1 | Load and Lock Self Storage | 96.6% | 4/13/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
48 | Loan | 15 | 1 | Hartsville Crossing | 91.6% | 4/21/2022 | No | It's Fashion Metro | 12,525 | 18.2% | 1/31/2027 | Dollar Tree | 10,000 | 14.6% | 6/30/2026 |
49 | Loan | 1 | Washington MHC Portfolio | 100.0% | 5/1/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
50 | Loan | 20 | 1 | 5400-5450 W. Atlantic Blvd | 100.0% | 1/12/2022 | No | Jesse's Extreme Sports Bar | 3,140 | 12.1% | 12/31/2031 | Fellowship Foundation | 2,303 | 8.8% | 12/31/2026 |
51 | Loan | 19 | 1 | Walgreens McDonough | 100.0% | 4/13/2022 | Yes | Walgreen Co. | 15,094 | 100.0% | 3/31/2035 | NAP | NAP | NAP | NAP |
52 | Loan | 16 | 1 | 701 Van Duzer Street | 100.0% | 3/21/2022 | No | TOKUD Express Corp. | 5,700 | 30.6% | 3/31/2031 | BQBP Electronics Inc. | 5,600 | 30.1% | 3/31/2037 |
53 | Loan | 20 | 1 | Marymoor Self Storage | 94.7% | 3/31/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
54 | Loan | 1 | 28818 Cinco Ranch | 100.0% | 3/1/2022 | No | Cinco Fit | 4,900 | 28.6% | 7/31/2026 | Serasana Wellness Studio | 3,850 | 22.4% | 9/30/2030 | |
55 | Loan | 16 | 1 | The Storage Depot | 98.6% | 4/27/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
56 | Loan | 19 | 1 | Walgreens Plainfield | 100.0% | 4/13/2022 | Yes | Walgreen Co. | 15,018 | 100.0% | 3/31/2037 | NAP | NAP | NAP | NAP |
57 | Loan | 16 | 1 | CVS Fourth Street | 100.0% | 3/24/2022 | Yes | CVS Health Corporation | 10,125 | 100.0% | 3/15/2033 | NAP | NAP | NAP | NAP |
58 | Loan | 19 | 1 | Walgreens House Springs | 100.0% | 4/13/2022 | Yes | Walgreen Co. | 15,050 | 100.0% | 2/28/2037 | NAP | NAP | NAP | NAP |
59 | Loan | 1 | Inner Space Storage | 96.4% | 2/28/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
60 | Loan | 2 | 1 | Lamplighter MHC | 93.3% | 3/1/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-15 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Third Largest Tenant | Third Largest Tenant SF | Third Largest Tenant % of NRA | Third Largest Tenant Lease Expiration Date | Fourth Largest Tenant | Fourth Largest Tenant SF | Fourth Largest Tenant % of NRA | Fourth Largest Tenant Lease Expiration Date | Fifth Largest Tenant | Fifth Largest Tenant SF |
23 | 23 | 23 | ||||||||||||
1 | Loan | 6, 10,12 | 5 | Houston Multifamily Portfolio | ||||||||||
1.01 | Property | 1 | Providence at Memorial | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.02 | Property | 1 | Diamond Hill | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.03 | Property | 1 | Casa Del Mar | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.04 | Property | 1 | Sedona Pointe | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.05 | Property | 1 | Buena Vista | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
2 | Loan | 1, 2, 3, 6, 12, 13, 14, 19 | 2 | Yorkshire & Lexington Towers | ||||||||||
2.01 | Property | 1 | Yorkshire Towers | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
2.02 | Property | 1 | Lexington Towers | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3 | Loan | 10, 13, 19, 21, 24 | 1 | 1888 Century Park East | Horizon Media, Inc. | 49,138 | 9.8% | 6/30/2027 | Perkins Coie, LLP | 39,835 | 7.9% | 6/30/2026 | Gursey, Schneider & Co., LLP | 36,318 |
4 | Loan | 12, 15, 16, 19, 24 | 1 | 3075 Olcott | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 12, 16, 24 | 1 | 70 Hudson Street | Federal Home Loan Bank of New York | 52,041 | 12.1% | 12/31/2033 | Gucci America, Inc. | 51,824 | 12.0% | 12/31/2029 | New Jersey CVS Pharmacy, LLC | 11,659 |
6 | Loan | 1, 6, 10, 12, 16, 30 | 34 | ExchangeRight Net Leased Portfolio #55 | ||||||||||
6.01 | Property | 1 | Walmart Neighborhood Market - Prairieville (Airline), LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.02 | Property | 1 | Pick N Save - Sun Prairie (Main), WI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.03 | Property | 1 | Schnucks - Love's Park (Harlem), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.04 | Property | 1 | Walmart Neighborhood Market - Thibodaux (Main), LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.05 | Property | 1 | Walmart Neighborhood Market - Houma (Park), LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.06 | Property | 1 | Publix - Decatur (Point), AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.07 | Property | 1 | PNC Bank - Clarendon Hills (Holmes), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.08 | Property | 1 | Walmart Neighborhood Market - New Iberia (Parkview), LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.09 | Property | 1 | Walmart Neighborhood Market - Opelousas (Union), LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.10 | Property | 1 | Walmart Neighborhood Market - Meraux (Archbishop), LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.11 | Property | 1 | CVS Pharmacy - Auburn (Opelika), AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.12 | Property | 1 | Huntington Bank- Clarksburg (Pike), WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.13 | Property | 1 | CVS Pharmacy - Grand Rapids (Fuller), MI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.14 | Property | 1 | O'Reilly Auto Parts - Madison (Commerce), WI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.15 | Property | 1 | U.S. Bank - Northlake (North), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.16 | Property | 1 | CVS - Tullahoma (Jackson), TN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.17 | Property | 1 | 7-Eleven- La Grange (Ogden), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.18 | Property | 1 | U.S. Bank - Elk Grove Village (Devon), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.19 | Property | 1 | Sherwin Williams - Marysville (Fifth), OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.20 | Property | 1 | O'Reilly - Owensboro (Bold Forbes), KY | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.21 | Property | 1 | PNC Bank - Aurora (Galena), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.22 | Property | 1 | NAPA Auto Parts - Downers Grove (Ogden), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.23 | Property | 1 | Family Dollar - Cuyahoga Falls (Bailey), OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.24 | Property | 1 | Dollar General - Lewiston (Sabattus), ME | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.25 | Property | 1 | U.S. Bank - Niles (Dempster), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.26 | Property | 1 | Dollar Tree - Des Plaines (Rand), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.27 | Property | 1 | Dollar General - Odessa (University), TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.28 | Property | 1 | Dollar General - Weber City, (Hwy 23), VA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.29 | Property | 1 | Dollar General- Springtown (Highway), TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.30 | Property | 1 | Sherwin Williams - Champaign (Marketview), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.31 | Property | 1 | Dollar General - Holly (Saginaw), MI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.32 | Property | 1 | Dollar General - Dyer (Sheffield), IN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.33 | Property | 1 | Dollar General - Lubbock (University), TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.34 | Property | 1 | Citizens Bank - Wilmington (Marsh), DE | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7 | Loan | 1, 12, 13, 15, 19, 27, 30 | 1 | Bell Works | WorkWave LLC | 71,667 | 5.2% | 5/27/2029 | Jersey Central Power & Light Company | 69,870 | 5.1% | 12/31/2027 | International Flavors & Fragrances, L.P. | 60,104 |
8 | Loan | 1, 5, 6, 12, 13, 19, 29 | 17 | ILPT Logistics Portfolio | ||||||||||
8.01 | Property | 1 | 4000 Principio Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.02 | Property | 1 | 2020 Joe B. Jackson Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.03 | Property | 1 | 1901 Meadowville Technology Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.04 | Property | 1 | 52 Pettengill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.05 | Property | 1 | 510 John Dodd Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.06 | Property | 1 | 309 Dulty's Lane | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.07 | Property | 1 | 5300 Centerpoint Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.08 | Property | 1 | 17001 West Mercury Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.09 | Property | 1 | 725 Darlington Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.10 | Property | 1 | 10100 89th Avenue N | Countrywide Tire and Rubber, Inc. | 46,507 | 14.6% | 10/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | |
8.11 | Property | 1 | 7303 Rickenbacker Parkway West | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.12 | Property | 1 | 4836 Hickory Hill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.13 | Property | 1 | 7000 West Post Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.14 | Property | 1 | 3201 Bearing Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.15 | Property | 1 | 900 Commerce Parkway West Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.16 | Property | 1 | 6825 West County Road 400 North | Max Siegel, Inc. | 59,533 | 24.3% | 5/31/2026 | NAP | NAP | NAP | NAP | NAP | NAP | |
8.17 | Property | 1 | 951 Trails Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9 | Loan | 6, 12, 13, 15, 19, 20, 24, 28 | 5 | Phoenix Industrial Portfolio VIII | ||||||||||
9.01 | Property | 1 | West Mifflin, PA | Exclusive Services, Inc. | 34,224 | 5.5% | 9/30/2022 | The Blessing Board | 29,009 | 4.6% | 12/31/2031 | The Coffee Tree Roasters Corp. | 28,800 | |
9.02 | Property | 1 | Church Hill, TN | Universal Forest Products | 149,575 | 18.3% | 12/31/2023 | Cardinal FG Company | 125,759 | 15.4% | 12/31/2022 | Bindtech | 100,000 | |
9.03 | Property | 1 | Mossville, IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.04 | Property | 1 | Eldon, MO | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.05 | Property | 1 | Kingsport, TN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10 | Loan | 2, 4, 6, 16 | 8 | BVG Portfolio III | ||||||||||
10.01 | Property | 1 | Trinidad RV & Emerald Forest RV & Campground | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.02 | Property | 1 | Hacienda RV Resort | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.03 | Property | 1 | Gardena MHC & Apts | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.04 | Property | 1 | Fairmont MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.05 | Property | 1 | Gansett MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.06 | Property | 1 | Elsinore Hills RV Park | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.07 | Property | 1 | Flying A MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.08 | Property | 1 | Golden Arrow MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11 | Loan | 15, 19 | 1 | Perry Hall Centre and Perry Hall Square | Rite Aid | 14,404 | 6.2% | 12/31/2025 | ACE Hardware | 11,898 | 5.1% | 9/30/2026 | Dollar Tree | 10,000 |
12 | Loan | 9, 10, 12, 16, 17, 19, 27, 32 | 1 | The Shoppes at Eagle Point | Ross Dress for Less | 22,000 | 9.6% | 1/31/2029 | PetSmart | 18,242 | 8.0% | 9/30/2028 | Ulta Beauty | 10,024 |
13 | Loan | 11, 16 | 1 | Village at Mitchell Ranch | HomeGoods | 20,000 | 13.6% | 7/31/2029 | ULTA | 10,014 | 6.8% | 11/30/2029 | Five Below | 8,240 |
14 | Loan | 1, 6, 12, 19 | 14 | Twin Spans Business Park and Delaware River Industrial Park | ||||||||||
14.01 | Property | 1 | 350 Anchor Mill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-16 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Third Largest Tenant | Third Largest Tenant SF | Third Largest Tenant % of NRA | Third Largest Tenant Lease Expiration Date | Fourth Largest Tenant | Fourth Largest Tenant SF | Fourth Largest Tenant % of NRA | Fourth Largest Tenant Lease Expiration Date | Fifth Largest Tenant | Fifth Largest Tenant SF |
23 | 23 | 23 | ||||||||||||
14.02 | Property | 1 | 301 Anchor Mill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.03 | Property | 1 | 400 Ships Landing Way | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.04 | Property | 1 | 800 Ships Landing Way | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.05 | Property | 1 | 6 Dockview | Staples | 25,000 | 12.4% | 2/28/2025 | NAP | NAP | NAP | NAP | NAP | NAP | |
14.06 | Property | 1 | 501 Ships Landing Way | Anchor Plastics | 20,539 | 12.9% | 7/31/2022 | NAP | NAP | NAP | NAP | NAP | NAP | |
14.07 | Property | 1 | 250 Anchor Mill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.08 | Property | 1 | 10 Dockview Drive | Hibbert Group | 33,173 | 33.0% | MTM | NAP | NAP | NAP | NAP | NAP | NAP | |
14.09 | Property | 1 | 7 - 23 Harborview Drive | Hatzel Buehler, Inc. | 14,800 | 21.7% | 1/7/2027 | NAP | NAP | NAP | NAP | NAP | NAP | |
14.10 | Property | 1 | 200 Anchor Mill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.11 | Property | 1 | 300 Anchor Mill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.12 | Property | 1 | 27 - 55 Harborview Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.13 | Property | 1 | 100 Ships Landing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.14 | Property | 1 | 600 Ships Landing Way | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15 | Loan | 6, 12 | 6 | Stockton Self Storage Portfolio | ||||||||||
15.01 | Property | 1 | Airport Road Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.02 | Property | 1 | Morada Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.03 | Property | 1 | Highway 88 Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.04 | Property | 1 | Beckman Road Industrial | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.05 | Property | 1 | Highway 99 Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.06 | Property | 1 | Eight Mile Road Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
16 | Loan | 6, 7 | 2 | Deerfield and Courtyard Apartments | ||||||||||
16.01 | Property | 1 | Deerfield Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
16.02 | Property | 1 | Courtyard Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
17 | Loan | 6, 10 | 3 | ABC Mini Storage Portfolio | ||||||||||
17.01 | Property | 1 | ABC Mini Storage - West | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
17.02 | Property | 1 | ABC Mini Storage - Valley | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
17.03 | Property | 1 | ABC Mini Storage - North | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18 | Loan | 20, 23 | 1 | Sawmill Plaza | Ninja Citi | 28,024 | 14.4% | 11/30/2029 | U.S. Armed Forces | 9,393 | 4.8% | 3/2/2026 | Dick Blick Art Materials | 7,376 |
19 | Loan | 10, 13, 19, 20 | 1 | 4S Ranch Village Center | Eye Lux Optometry | 3,674 | 6.5% | 6/30/2023 | Yoga Six | 3,663 | 6.5% | 5/31/2028 | 4S Ranch Gasoline (Shell) | 3,380 |
20 | Loan | 1, 6, 19, 23 | 2 | The Summit | ||||||||||
20.01 | Property | 1 | Summit 1, 2 | First Republic Bank | 73,910 | 13.9% | 1/31/2032 | Perkins Coie, LLP | 26,070 | 4.9% | 12/31/2026 | New York Life Insurance Co. | 21,875 | |
20.02 | Property | 1 | Summit 3 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
21 | Loan | 10, 19, 20 | 1 | Hamilton Commons | Marshalls | 38,000 | 9.4% | 1/31/2023 | Big Lots! | 34,009 | 8.4% | 1/31/2029 | Ross Dress For Less | 30,187 |
22 | Loan | 15, 19 | 1 | Church Ranch Corporate Center | Professional Security Alliance | 9,157 | 7.4% | 11/30/2025 | TaskRay | 8,317 | 6.7% | 3/31/2023 | Caliper Holdings | 8,041 |
23 | Loan | 6, 12, 19 | 2 | Oak Ridge Office Park | ||||||||||
23.01 | Property | 1 | Oak Ridge Technical Center | Avant, LLC | 35,000 | 12.1% | 10/31/2024 | Tetra Tech, Inc. | 19,553 | 6.7% | 1/31/2024 | Perma-Fix Environmental Services | 16,319 | |
23.02 | Property | 1 | Oak Ridge Corporate Center | Energy Solutions, LLC | 6,189 | 3.9% | 6/19/2023 | Cowperwood Company | 6,104 | 3.8% | MTM | TCN dba Catawba Corporation | 2,711 | |
24 | Loan | 2, 13, 19, 20, 23 | 1 | Kalamazoo Distribution Center | Kenco | 92,180 | 29.4% | 2/28/2024 | NAP | NAP | NAP | NAP | NAP | NAP |
25 | Loan | 6 | 2 | Corpus Christi Portfolio | ||||||||||
25.01 | Property | 1 | The Staybridge Suites | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
25.02 | Property | 1 | The Holiday Inn Express & Suites | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26 | Loan | 15, 19 | 1 | Rosedale & Soundview | Post Office | 2,200 | 3.5% | 6/30/2025 | NY Community | 1,260 | 2.0% | 3/31/2028 | 843 Master Deli Grocery, Inc. | 1,100 |
27 | Loan | 15 | 1 | Panther Lake Shopping Center | Dollar Tree | 10,342 | 9.2% | 8/31/2028 | King County Library System | 5,300 | 4.7% | 11/30/2027 | Cat Sang | 3,950 |
28 | Loan | 1 | Biotrial Medical Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29 | Loan | 1, 6, 12, 15, 19, 20, 23 | 6 | Moonwater Office Portfolio | ||||||||||
29.01 | Property | 1 | 6543 Las Vegas Boulevard South | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29.02 | Property | 1 | 6226 West Sahara Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29.03 | Property | 1 | 10190 Covington Cross Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29.04 | Property | 1 | 1450 Center Crossing Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29.05 | Property | 1 | 6551 Las Vegas Boulevard South | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29.06 | Property | 1 | 9901-9921 Covington Cross Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
30 | Loan | 15, 19 | 1 | Magnolia Square | PetSmart | 20,000 | 18.6% | 3/31/2025 | Ulta | 10,105 | 9.4% | 1/31/2032 | Dollar Tree | 10,030 |
31 | Loan | 15, 19, 28 | 1 | Nona Commons | Total Family Care | 3,515 | 6.7% | 6/30/2023 | Nona Platinum Salon & Spa | 2,800 | 5.3% | 8/30/2025 | Nona Village Veterinary Hospital | 2,762 |
32 | Loan | 16, 19 | 1 | Walgreens - St Paul | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33 | Loan | 6 | 2 | Aragona Retail Portfolio | ||||||||||
33.01 | Property | 1 | Macomb Centre Plaza | Country Inn of Macomb | 5,000 | 7.1% | MTM | Athletico Physical Therapy | 4,000 | 5.6% | 3/31/2029 | Chicken Shack | 2,400 | |
33.02 | Property | 1 | River Park Plaza | C. Jones (dba Little Caesars) | 1,600 | 6.8% | 8/31/2026 | Wild Bills Smokers Outlet | 1,300 | 5.5% | 2/28/2025 | A. Hasnath (dba Driving School) | 1,300 | |
34 | Loan | 15 | 1 | Centennial Plaza | Lazer X | 9,120 | 7.9% | 11/15/2024 | Dent Wizard | 6,768 | 5.9% | 10/31/2024 | Dance Xplosion, Inc. | 6,099 |
35 | Loan | 17 | 1 | Great American Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
36 | Loan | 15, 19, 21 | 1 | South Valley Center | County of Sacramento | 5,088 | 10.2% | 6/30/2024 | Community Resource | 4,172 | 8.4% | 1/31/2028 | DaLoo Inc | 1,798 |
37 | Loan | 13, 19 | 1 | 127 8th Avenue Leased Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
38 | Loan | 10, 30 | 1 | Go Store It Crossville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
39 | Loan | 2, 3, 16, 19, 27 | 1 | 965-977 Frankford Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
40 | Loan | 16, 19 | 1 | Home2 Suites Bedford | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
41 | Loan | 13, 16, 32 | 1 | Edwards Landing Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42 | Loan | 1 | Holiday Inn Express - Memphis, TN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
43 | Loan | 19 | 1 | Shops at The Domain | Swish Dental | 2,908 | 21.6% | 2/28/2028 | Domain Nail Salon | 1,800 | 13.4% | 3/31/2031 | 5 Star Nutrition | 1,283 |
44 | Loan | 16, 30 | 1 | 275 Commerce | D'Lauro & Rodgers, Inc. | 7,830 | 15.4% | 8/31/2027 | Lingwood Partners - Master Lease | 7,000 | 13.8% | 5/4/2037 | Gras | 4,850 |
45 | Loan | 11, 19 | 1 | CVS Pawtucket | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
46 | Loan | 5, 19 | 1 | Candlewood Suites Elgin | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
47 | Loan | 1 | Load and Lock Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
48 | Loan | 15 | 1 | Hartsville Crossing | Pet Lover's Warehouse | 6,000 | 8.7% | 3/31/2026 | Shoe Show | 5,000 | 7.3% | 11/30/2026 | Crossroads of Darlington | 5,000 |
49 | Loan | 1 | Washington MHC Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
50 | Loan | 20 | 1 | 5400-5450 W. Atlantic Blvd | Shabanton Meat & Seafood | 2,100 | 8.1% | 12/31/2026 | Phat-Kien Inc | 1,932 | 7.4% | 12/31/2026 | Lefkada Soula/Toasted Café | 1,860 |
51 | Loan | 19 | 1 | Walgreens McDonough | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
52 | Loan | 16 | 1 | 701 Van Duzer Street | JS Bargains LLC | 4,900 | 26.3% | 11/30/2036 | Chipco Snacks Inc. | 2,400 | 12.9% | 7/31/2031 | NAP | NAP |
53 | Loan | 20 | 1 | Marymoor Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
54 | Loan | 1 | 28818 Cinco Ranch | Saigon USA Pho & Grill | 2,500 | 14.6% | 11/30/2024 | Polished Nails | 2,200 | 12.8% | 7/31/2026 | Clarity Eye Care | 2,100 | |
55 | Loan | 16 | 1 | The Storage Depot | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
56 | Loan | 19 | 1 | Walgreens Plainfield | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
57 | Loan | 16 | 1 | CVS Fourth Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
58 | Loan | 19 | 1 | Walgreens House Springs | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
59 | Loan | 1 | Inner Space Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
60 | Loan | 2 | 1 | Lamplighter MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-17 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Lease Expiration Date | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Flood Zone | Ownership Interest | Ground Lease Expiration Date | Ground Lease Extension Terms | Annual Ground Lease Payment as of the Cut-off Date ($) |
17 | ||||||||||||||||
1 | Loan | 6, 10,12 | 5 | Houston Multifamily Portfolio | ||||||||||||
1.01 | Property | 1 | Providence at Memorial | NAP | NAP | 3/24/2022 | NAP | 3/25/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
1.02 | Property | 1 | Diamond Hill | NAP | NAP | 3/25/2022 | NAP | 3/25/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
1.03 | Property | 1 | Casa Del Mar | NAP | NAP | 3/24/2022 | NAP | 3/25/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
1.04 | Property | 1 | Sedona Pointe | NAP | NAP | 3/24/2022 | NAP | 4/20/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
1.05 | Property | 1 | Buena Vista | NAP | NAP | 3/24/2022 | NAP | 3/25/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
2 | Loan | 1, 2, 3, 6, 12, 13, 14, 19 | 2 | Yorkshire & Lexington Towers | ||||||||||||
2.01 | Property | 1 | Yorkshire Towers | NAP | NAP | 2/3/2022 | NAP | 1/19/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
2.02 | Property | 1 | Lexington Towers | NAP | NAP | 1/19/2022 | NAP | 1/19/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
3 | Loan | 10, 13, 19, 21, 24 | 1 | 1888 Century Park East | 7.2% | 12/31/2022 | 11/10/2021 | NAP | 11/10/2021 | 11/10/2021 | 17% | No | Fee | NAP | NAP | NAP |
4 | Loan | 12, 15, 16, 19, 24 | 1 | 3075 Olcott | NAP | NAP | 2/10/2022 | NAP | 2/24/2022 | 2/10/2022 | 7% | No | Fee | NAP | NAP | NAP |
5 | Loan | 12, 16, 24 | 1 | 70 Hudson Street | 2.7% | 10/31/2038 | 11/11/2021 | NAP | 11/11/2021 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP |
6 | Loan | 1, 6, 10, 12, 16, 30 | 34 | ExchangeRight Net Leased Portfolio #55 | ||||||||||||
6.01 | Property | 1 | Walmart Neighborhood Market - Prairieville (Airline), LA | NAP | NAP | 3/14/2022 | NAP | 3/14/2022 | NAP | NAP | Yes - A | Fee | NAP | NAP | NAP | |
6.02 | Property | 1 | Pick N Save - Sun Prairie (Main), WI | NAP | NAP | 2/23/2022 | NAP | 2/23/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.03 | Property | 1 | Schnucks - Love's Park (Harlem), IL | NAP | NAP | 3/24/2022 | NAP | 3/24/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.04 | Property | 1 | Walmart Neighborhood Market - Thibodaux (Main), LA | NAP | NAP | 3/22/2022 | NAP | 3/22/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.05 | Property | 1 | Walmart Neighborhood Market - Houma (Park), LA | NAP | NAP | 3/21/2022 | NAP | 3/21/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.06 | Property | 1 | Publix - Decatur (Point), AL | NAP | NAP | 1/31/2022 | NAP | 2/1/2022 | NAP | NAP | Yes - A | Fee | NAP | NAP | NAP | |
6.07 | Property | 1 | PNC Bank - Clarendon Hills (Holmes), IL | NAP | NAP | 3/21/2022 | NAP | 3/21/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.08 | Property | 1 | Walmart Neighborhood Market - New Iberia (Parkview), LA | NAP | NAP | 3/15/2022 | NAP | 3/15/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.09 | Property | 1 | Walmart Neighborhood Market - Opelousas (Union), LA | NAP | NAP | 3/15/2022 | NAP | 3/15/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.10 | Property | 1 | Walmart Neighborhood Market - Meraux (Archbishop), LA | NAP | NAP | 3/21/2022 | NAP | 3/21/2022 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | |
6.11 | Property | 1 | CVS Pharmacy - Auburn (Opelika), AL | NAP | NAP | 1/31/2022 | NAP | 1/31/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.12 | Property | 1 | Huntington Bank- Clarksburg (Pike), WV | NAP | NAP | 2/10/2022 | NAP | 2/10/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.13 | Property | 1 | CVS Pharmacy - Grand Rapids (Fuller), MI | NAP | NAP | 2/10/2022 | 4/8/2022 | 2/10/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.14 | Property | 1 | O'Reilly Auto Parts - Madison (Commerce), WI | NAP | NAP | 3/9/2022 | NAP | 3/11/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.15 | Property | 1 | U.S. Bank - Northlake (North), IL | NAP | NAP | 2/24/2022 | NAP | 2/24/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.16 | Property | 1 | CVS - Tullahoma (Jackson), TN | NAP | NAP | 2/24/2022 | NAP | 3/2/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.17 | Property | 1 | 7-Eleven- La Grange (Ogden), IL | NAP | NAP | 2/23/2022 | 4/8/2022 | 2/23/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.18 | Property | 1 | U.S. Bank - Elk Grove Village (Devon), IL | NAP | NAP | 2/24/2022 | NAP | 2/24/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.19 | Property | 1 | Sherwin Williams - Marysville (Fifth), OH | NAP | NAP | 1/28/2022 | NAP | 3/2/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.20 | Property | 1 | O'Reilly - Owensboro (Bold Forbes), KY | NAP | NAP | 2/4/2022 | NAP | 2/4/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.21 | Property | 1 | PNC Bank - Aurora (Galena), IL | NAP | NAP | 1/24/2022 | NAP | 1/24/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.22 | Property | 1 | NAPA Auto Parts - Downers Grove (Ogden), IL | NAP | NAP | 3/21/2022 | NAP | 3/21/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.23 | Property | 1 | Family Dollar - Cuyahoga Falls (Bailey), OH | NAP | NAP | 1/3/2022 | NAP | 1/3/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.24 | Property | 1 | Dollar General - Lewiston (Sabattus), ME | NAP | NAP | 12/29/2021 | NAP | 12/29/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.25 | Property | 1 | U.S. Bank - Niles (Dempster), IL | NAP | NAP | 2/23/2022 | NAP | 2/23/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.26 | Property | 1 | Dollar Tree - Des Plaines (Rand), IL | NAP | NAP | 1/17/2022 | NAP | 1/17/2022 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | |
6.27 | Property | 1 | Dollar General - Odessa (University), TX | NAP | NAP | 2/23/2022 | NAP | 2/23/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.28 | Property | 1 | Dollar General - Weber City, (Hwy 23), VA | NAP | NAP | 3/18/2022 | NAP | 3/18/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.29 | Property | 1 | Dollar General- Springtown (Highway), TX | NAP | NAP | 2/23/2022 | NAP | 2/23/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.30 | Property | 1 | Sherwin Williams - Champaign (Marketview), IL | NAP | NAP | 2/23/2022 | NAP | 3/3/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.31 | Property | 1 | Dollar General - Holly (Saginaw), MI | NAP | NAP | 3/11/2022 | NAP | 3/15/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.32 | Property | 1 | Dollar General - Dyer (Sheffield), IN | NAP | NAP | 2/1/2022 | NAP | 2/2/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.33 | Property | 1 | Dollar General - Lubbock (University), TX | NAP | NAP | 2/11/2022 | NAP | 3/2/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
6.34 | Property | 1 | Citizens Bank - Wilmington (Marsh), DE | NAP | NAP | 2/9/2022 | NAP | 2/2/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
7 | Loan | 1, 12, 13, 15, 19, 27, 30 | 1 | Bell Works | 4.4% | 9/30/2033 | 2/14/2022 | NAP | 2/14/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
8 | Loan | 1, 5, 6, 12, 13, 19, 29 | 17 | ILPT Logistics Portfolio | ||||||||||||
8.01 | Property | 1 | 4000 Principio Parkway | NAP | NAP | 1/3/2022 | NAP | 1/3/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
8.02 | Property | 1 | 2020 Joe B. Jackson Parkway | NAP | NAP | 1/3/2022 | NAP | 1/3/2022 | NAP | NAP | No | Leasehold | 12/31/2032 | Automatically every 30 days | 0 | |
8.03 | Property | 1 | 1901 Meadowville Technology Parkway | NAP | NAP | 12/29/2021 | NAP | 1/3/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
8.04 | Property | 1 | 52 Pettengill Road | NAP | NAP | 1/3/2022 | NAP | 1/3/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
8.05 | Property | 1 | 510 John Dodd Road | NAP | NAP | 1/3/2022 | NAP | 1/3/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
8.06 | Property | 1 | 309 Dulty's Lane | NAP | NAP | 12/28/2021 | NAP | 12/22/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
8.07 | Property | 1 | 5300 Centerpoint Parkway | NAP | NAP | 1/3/2022 | NAP | 1/3/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
8.08 | Property | 1 | 17001 West Mercury Street | NAP | NAP | 1/3/2022 | NAP | 1/3/2022 | NAP | NAP | No | Fee / Leasehold | NAP | NAP | NAP | |
8.09 | Property | 1 | 725 Darlington Avenue | NAP | NAP | 12/22/2021 | NAP | 12/22/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
8.10 | Property | 1 | 10100 89th Avenue N | NAP | NAP | 12/30/2021 | NAP | 12/22/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
8.11 | Property | 1 | 7303 Rickenbacker Parkway West | NAP | NAP | 1/3/2022 | NAP | 1/3/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
8.12 | Property | 1 | 4836 Hickory Hill Road | NAP | NAP | 1/3/2022 | NAP | 1/3/2022 | 12/20/2021 | 9% | Yes - AE | Fee | NAP | NAP | NAP | |
8.13 | Property | 1 | 7000 West Post Road | NAP | NAP | 12/28/2021 | NAP | 12/22/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
8.14 | Property | 1 | 3201 Bearing Drive | NAP | NAP | 1/3/2022 | NAP | 1/3/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
8.15 | Property | 1 | 900 Commerce Parkway West Drive | NAP | NAP | 1/3/2022 | NAP | 1/3/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
8.16 | Property | 1 | 6825 West County Road 400 North | NAP | NAP | 1/3/2022 | NAP | 1/3/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
8.17 | Property | 1 | 951 Trails Road | NAP | NAP | 12/22/2021 | NAP | 12/22/2021 | NAP | NAP | Yes - A | Fee | NAP | NAP | NAP | |
9 | Loan | 6, 12, 13, 15, 19, 20, 24, 28 | 5 | Phoenix Industrial Portfolio VIII | ||||||||||||
9.01 | Property | 1 | West Mifflin, PA | 4.6% | 4/30/2027 | 9/13/2021 | NAP | 6/23/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
9.02 | Property | 1 | Church Hill, TN | 12.2% | 12/31/2022 | 2/24/2022 | NAP | 2/24/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
9.03 | Property | 1 | Mossville, IL | NAP | NAP | 9/13/2021 | NAP | 6/25/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
9.04 | Property | 1 | Eldon, MO | NAP | NAP | 9/13/2021 | NAP | 6/25/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
9.05 | Property | 1 | Kingsport, TN | NAP | NAP | 2/24/2022 | NAP | 2/22/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
10 | Loan | 2, 4, 6, 16 | 8 | BVG Portfolio III | ||||||||||||
10.01 | Property | 1 | Trinidad RV & Emerald Forest RV & Campground | NAP | NAP | 2/25/2022 | NAP | 2/25/2022 | 2/25/2022 | 10% | No | Fee | NAP | NAP | NAP | |
10.02 | Property | 1 | Hacienda RV Resort | NAP | NAP | 2/25/2022 | NAP | 2/25/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
10.03 | Property | 1 | Gardena MHC & Apts | NAP | NAP | 2/25/2022 | NAP | 2/25/2022 | 2/25/2022 | 19% | No | Fee | NAP | NAP | NAP | |
10.04 | Property | 1 | Fairmont MHC | NAP | NAP | 2/25/2022 | NAP | 2/25/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
10.05 | Property | 1 | Gansett MHC | NAP | NAP | 2/25/2022 | NAP | 2/25/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
10.06 | Property | 1 | Elsinore Hills RV Park | NAP | NAP | 2/25/2022 | NAP | 2/25/2022 | 2/25/2022 | 14% | No | Fee | NAP | NAP | NAP | |
10.07 | Property | 1 | Flying A MHC | NAP | NAP | 2/25/2022 | NAP | 2/25/2022 | 2/25/2022 | 5% | Yes - AE | Fee | NAP | NAP | NAP | |
10.08 | Property | 1 | Golden Arrow MHC | NAP | NAP | 2/25/2022 | NAP | 2/25/2022 | 2/25/2022 | 19% | No | Fee | NAP | NAP | NAP | |
11 | Loan | 15, 19 | 1 | Perry Hall Centre and Perry Hall Square | 4.3% | 8/31/2025 | 2/10/2022 | NAP | 2/10/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
12 | Loan | 9, 10, 12, 16, 17, 19, 27, 32 | 1 | The Shoppes at Eagle Point | 4.4% | 10/31/2028 | 3/4/2022 | NAP | 3/4/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
13 | Loan | 11, 16 | 1 | Village at Mitchell Ranch | 5.6% | 7/31/2029 | 2/3/2022 | NAP | 2/2/2022 | NAP | NAP | Yes - A | Fee | NAP | NAP | NAP |
14 | Loan | 1, 6, 12, 19 | 14 | Twin Spans Business Park and Delaware River Industrial Park | ||||||||||||
14.01 | Property | 1 | 350 Anchor Mill Road | NAP | NAP | 1/27/2022 | NAP | 1/26/2022 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP |
A-1-18 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Lease Expiration Date | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Flood Zone | Ownership Interest | Ground Lease Expiration Date | Ground Lease Extension Terms | Annual Ground Lease Payment as of the Cut-off Date ($) |
17 | ||||||||||||||||
14.02 | Property | 1 | 301 Anchor Mill Road | NAP | NAP | 1/27/2022 | NAP | 1/26/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.03 | Property | 1 | 400 Ships Landing Way | NAP | NAP | 1/27/2022 | NAP | 1/26/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.04 | Property | 1 | 800 Ships Landing Way | NAP | NAP | 1/27/2022 | NAP | 1/26/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.05 | Property | 1 | 6 Dockview | NAP | NAP | 1/31/2022 | NAP | 1/26/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.06 | Property | 1 | 501 Ships Landing Way | NAP | NAP | 1/27/2022 | NAP | 1/26/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.07 | Property | 1 | 250 Anchor Mill Road | NAP | NAP | 1/27/2022 | NAP | 1/26/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.08 | Property | 1 | 10 Dockview Drive | NAP | NAP | 1/31/2022 | NAP | 1/26/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.09 | Property | 1 | 7 - 23 Harborview Drive | NAP | NAP | 1/31/2022 | NAP | 1/26/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.10 | Property | 1 | 200 Anchor Mill Road | NAP | NAP | 1/27/2022 | NAP | 1/26/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.11 | Property | 1 | 300 Anchor Mill Road | NAP | NAP | 1/27/2022 | NAP | 1/26/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.12 | Property | 1 | 27 - 55 Harborview Drive | NAP | NAP | 1/31/2022 | NAP | 1/26/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.13 | Property | 1 | 100 Ships Landing | NAP | NAP | 1/27/2022 | NAP | 1/26/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.14 | Property | 1 | 600 Ships Landing Way | NAP | NAP | 1/27/2022 | NAP | 1/26/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
15 | Loan | 6, 12 | 6 | Stockton Self Storage Portfolio | ||||||||||||
15.01 | Property | 1 | Airport Road Self Storage | NAP | NAP | 3/31/2022 | NAP | 4/4/2022 | 3/28/2022 | 10% | No | Fee | NAP | NAP | NAP | |
15.02 | Property | 1 | Morada Self Storage | NAP | NAP | 3/31/2022 | NAP | 4/4/2022 | 3/28/2022 | 9% | No | Fee | NAP | NAP | NAP | |
15.03 | Property | 1 | Highway 88 Self Storage | NAP | NAP | 3/21/2022 | NAP | 4/4/2022 | 3/28/2022 | 7% | No | Fee | NAP | NAP | NAP | |
15.04 | Property | 1 | Beckman Road Industrial | NAP | NAP | 4/6/2022 | NAP | 4/4/2022 | 3/28/2022 | 8% | No | Fee | NAP | NAP | NAP | |
15.05 | Property | 1 | Highway 99 Self Storage | NAP | NAP | 4/4/2022 | NAP | 4/4/2022 | 3/28/2022 | 7% | No | Fee | NAP | NAP | NAP | |
15.06 | Property | 1 | Eight Mile Road Self Storage | NAP | NAP | 4/5/2022 | NAP | 4/4/2022 | 3/28/2022 | 8% | No | Fee | NAP | NAP | NAP | |
16 | Loan | 6, 7 | 2 | Deerfield and Courtyard Apartments | ||||||||||||
16.01 | Property | 1 | Deerfield Apartments | NAP | NAP | 3/18/2022 | NAP | 3/18/2022 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | |
16.02 | Property | 1 | Courtyard Apartments | NAP | NAP | 3/18/2022 | NAP | 3/18/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
17 | Loan | 6, 10 | 3 | ABC Mini Storage Portfolio | ||||||||||||
17.01 | Property | 1 | ABC Mini Storage - West | NAP | NAP | 4/4/2022 | NAP | 4/4/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
17.02 | Property | 1 | ABC Mini Storage - Valley | NAP | NAP | 5/2/2022 | NAP | 4/4/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
17.03 | Property | 1 | ABC Mini Storage - North | NAP | NAP | 4/4/2022 | NAP | 4/4/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
18 | Loan | 20, 23 | 1 | Sawmill Plaza | 3.8% | 10/31/2023 | 4/8/2022 | NAP | 4/8/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
19 | Loan | 10, 13, 19, 20 | 1 | 4S Ranch Village Center | 6.0% | 1/31/2023 | 3/9/2022 | NAP | 3/9/2022 | 3/9/2022 | 3% | No | Fee | NAP | NAP | NAP |
20 | Loan | 1, 6, 19, 23 | 2 | The Summit | ||||||||||||
20.01 | Property | 1 | Summit 1, 2 | 4.1% | 11/30/2029 | 11/15/2021 | NAP | 11/23/2021 | 12/7/2021 | 8%, 9% | No | Fee | NAP | NAP | NAP | |
20.02 | Property | 1 | Summit 3 | NAP | NAP | 11/15/2021 | NAP | 11/23/2021 | 12/7/2021 | 8% | No | Fee | NAP | NAP | NAP | |
21 | Loan | 10, 19, 20 | 1 | Hamilton Commons | 7.5% | 1/31/2027 | 12/16/2019 | NAP | 2/13/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP |
22 | Loan | 15, 19 | 1 | Church Ranch Corporate Center | 6.5% | 4/30/2025 | 2/14/2022 | NAP | 2/14/2022 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP |
23 | Loan | 6, 12, 19 | 2 | Oak Ridge Office Park | ||||||||||||
23.01 | Property | 1 | Oak Ridge Technical Center | 5.6% | 4/30/2026 | 7/15/2021 | NAP | 7/14/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
23.02 | Property | 1 | Oak Ridge Corporate Center | 1.7% | 3/22/2023 | 7/14/2021 | NAP | 7/14/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
24 | Loan | 2, 13, 19, 20, 23 | 1 | Kalamazoo Distribution Center | NAP | NAP | 2/16/2022 | NAP | 2/15/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
25 | Loan | 6 | 2 | Corpus Christi Portfolio | ||||||||||||
25.01 | Property | 1 | The Staybridge Suites | NAP | NAP | 3/8/2022 | NAP | 3/8/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
25.02 | Property | 1 | The Holiday Inn Express & Suites | NAP | NAP | 3/8/2022 | NAP | 3/8/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
26 | Loan | 15, 19 | 1 | Rosedale & Soundview | 1.7% | 6/30/2029 | 2/9/2022 | NAP | 2/10/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
27 | Loan | 15 | 1 | Panther Lake Shopping Center | 3.5% | 5/31/2028 | 1/26/2022 | NAP | 1/26/2022 | 1/26/2022 | 10% | No | Fee | NAP | NAP | NAP |
28 | Loan | 1 | Biotrial Medical Center | NAP | NAP | 4/22/2022 | NAP | 4/22/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
29 | Loan | 1, 6, 12, 15, 19, 20, 23 | 6 | Moonwater Office Portfolio | ||||||||||||
29.01 | Property | 1 | 6543 Las Vegas Boulevard South | NAP | NAP | 10/15/2021 | NAP | 10/18/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
29.02 | Property | 1 | 6226 West Sahara Avenue | NAP | NAP | 10/18/2021 | NAP | 10/18/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
29.03 | Property | 1 | 10190 Covington Cross Drive | NAP | NAP | 10/15/2021 | NAP | 10/18/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
29.04 | Property | 1 | 1450 Center Crossing Road | NAP | NAP | 10/15/2021 | NAP | 10/18/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
29.05 | Property | 1 | 6551 Las Vegas Boulevard South | NAP | NAP | 10/15/2021 | NAP | 10/18/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
29.06 | Property | 1 | 9901-9921 Covington Cross Drive | NAP | NAP | 10/18/2021 | NAP | 10/18/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
30 | Loan | 15, 19 | 1 | Magnolia Square | 9.3% | 9/30/2024 | 3/16/2022 | NAP | 3/16/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
31 | Loan | 15, 19, 28 | 1 | Nona Commons | 5.2% | 8/31/2026 | 2/8/2022 | NAP | 2/7/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
32 | Loan | 16, 19 | 1 | Walgreens - St Paul | NAP | NAP | 2/11/2022 | NAP | 2/11/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
33 | Loan | 6 | 2 | Aragona Retail Portfolio | ||||||||||||
33.01 | Property | 1 | Macomb Centre Plaza | 3.4% | 4/30/2027 | 2/23/2022 | NAP | 2/23/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
33.02 | Property | 1 | River Park Plaza | 5.5% | 12/31/2026 | 2/23/2022 | NAP | 2/23/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
34 | Loan | 15 | 1 | Centennial Plaza | 5.3% | 7/31/2028 | 12/22/2021 | NAP | 12/22/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP |
35 | Loan | 17 | 1 | Great American Self Storage | NAP | NAP | 11/30/2021 | NAP | 11/30/2021 | 11/30/2021 | 11% | No | Leasehold | 4/30/2040 | 3, 5-year extension options | 177,864 |
36 | Loan | 15, 19, 21 | 1 | South Valley Center | 3.6% | 3/31/2024 | 4/8/2022 | NAP | 4/8/2022 | 4/6/2022 | 7% | No | Fee | NAP | NAP | NAP |
37 | Loan | 13, 19 | 1 | 127 8th Avenue Leased Fee | NAP | NAP | 4/12/2022 | NAP | 4/11/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
38 | Loan | 10, 30 | 1 | Go Store It Crossville | NAP | NAP | 2/9/2022 | NAP | 2/8/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
39 | Loan | 2, 3, 16, 19, 27 | 1 | 965-977 Frankford Avenue | NAP | NAP | 3/15/2022 | NAP | 3/15/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
40 | Loan | 16, 19 | 1 | Home2 Suites Bedford | NAP | NAP | 2/15/2022 | NAP | 2/15/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
41 | Loan | 13, 16, 32 | 1 | Edwards Landing Apartments | NAP | NAP | 3/29/2022 | NAP | 3/29/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
42 | Loan | 1 | Holiday Inn Express - Memphis, TN | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
43 | Loan | 19 | 1 | Shops at The Domain | 9.5% | 12/31/2023 | 3/1/2022 | NAP | 3/1/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
44 | Loan | 16, 30 | 1 | 275 Commerce | 9.5% | 5/31/2032 | 4/12/2022 | NAP | 4/12/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
45 | Loan | 11, 19 | 1 | CVS Pawtucket | NAP | NAP | 2/22/2022 | NAP | 2/22/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
46 | Loan | 5, 19 | 1 | Candlewood Suites Elgin | NAP | NAP | 1/3/2020 | NAP | 1/3/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP |
47 | Loan | 1 | Load and Lock Self Storage | NAP | NAP | 12/8/2021 | NAP | 12/6/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
48 | Loan | 15 | 1 | Hartsville Crossing | 7.3% | 8/31/2024 | 3/8/2022 | NAP | 3/8/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
49 | Loan | 1 | Washington MHC Portfolio | NAP | NAP | 3/21/2022, 3/10/2022, 3/11/2022 | NAP | 3/10/2022, 3/11/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
50 | Loan | 20 | 1 | 5400-5450 W. Atlantic Blvd | 7.1% | 12/31/2026 | 2/24/2022 | NAP | 1/17/2022 | NAP | NAP | Yes - AH | Fee | NAP | NAP | NAP |
51 | Loan | 19 | 1 | Walgreens McDonough | NAP | NAP | 3/4/2022 | NAP | 3/4/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
52 | Loan | 16 | 1 | 701 Van Duzer Street | NAP | NAP | 2/23/2022 | NAP | 2/23/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
53 | Loan | 20 | 1 | Marymoor Self Storage | NAP | NAP | 4/6/2022 | NAP | 4/6/2022 | 4/6/2022 | 8% | No | Fee | NAP | NAP | NAP |
54 | Loan | 1 | 28818 Cinco Ranch | 12.2% | 7/31/2026 | 3/16/2022 | NAP | 3/16/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
55 | Loan | 16 | 1 | The Storage Depot | NAP | NAP | 4/26/2022 | NAP | 4/26/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
56 | Loan | 19 | 1 | Walgreens Plainfield | NAP | NAP | 3/4/2022 | NAP | 3/4/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
57 | Loan | 16 | 1 | CVS Fourth Street | NAP | NAP | 2/23/2022 | NAP | 2/23/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
58 | Loan | 19 | 1 | Walgreens House Springs | NAP | NAP | 3/4/2022 | NAP | 3/4/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP |
59 | Loan | 1 | Inner Space Storage | NAP | NAP | 2/22/2022 | NAP | 2/22/2022 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | |
60 | Loan | 2 | 1 | Lamplighter MHC | NAP | NAP | 3/31/2022 | NAP | 3/31/2022 | NAP | NAP | Yes - AH | Fee | NAP | NAP | NAP |
A-1-19 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Annual Ground Rent Increases (Y/N) | Upfront RE Tax Reserve ($) | Monthly RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Monthly Insurance Reserve ($) | Upfront Replacement / PIP Reserve ($) | Monthly Replacement / FF&E Reserve ($) | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Monthly Debt Service Reserve ($) |
18 | 19 | 18 | 19 | 18 | 19 | 20 | 18 | 19 | 20 | 18 | 19 | ||||||
1 | Loan | 6, 10,12 | 5 | Houston Multifamily Portfolio | 1,146,865 | 191,144 | 358,214 | 179,107 | 0 | 43,598 | 0 | 0 | 0 | 0 | 0 | 0 | |
1.01 | Property | 1 | Providence at Memorial | NAP | |||||||||||||
1.02 | Property | 1 | Diamond Hill | NAP | |||||||||||||
1.03 | Property | 1 | Casa Del Mar | NAP | |||||||||||||
1.04 | Property | 1 | Sedona Pointe | NAP | |||||||||||||
1.05 | Property | 1 | Buena Vista | NAP | |||||||||||||
2 | Loan | 1, 2, 3, 6, 12, 13, 14, 19 | 2 | Yorkshire & Lexington Towers | 5,390,917 | 898,486 | 367,868 | Springing | 1,100,000 | 0 | 0 | 1,000,000 | 0 | 0 | 0 | 0 | |
2.01 | Property | 1 | Yorkshire Towers | NAP | |||||||||||||
2.02 | Property | 1 | Lexington Towers | NAP | |||||||||||||
3 | Loan | 10, 13, 19, 21, 24 | 1 | 1888 Century Park East | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 201,004 | 7,850,385 | Springing | 1,507,530 | 0 | 0 |
4 | Loan | 12, 15, 16, 19, 24 | 1 | 3075 Olcott | NAP | 116,072 | 72,545 | 25,661 | 9,870 | 0 | Springing | 147,964 | 0 | Springing | 1,479,636 | 0 | 0 |
5 | Loan | 12, 16, 24 | 1 | 70 Hudson Street | NAP | 263,338 | 131,669 | 313,920 | 26,160 | 0 | 5,391 | 0 | 0 | 0 | 0 | 0 | 0 |
6 | Loan | 1, 6, 10, 12, 16, 30 | 34 | ExchangeRight Net Leased Portfolio #55 | 387,576 | 129,192 | 0 | Springing | 0 | Springing | 0 | 1,500,000 | Springing | 0 | 0 | 0 | |
6.01 | Property | 1 | Walmart Neighborhood Market - Prairieville (Airline), LA | NAP | |||||||||||||
6.02 | Property | 1 | Pick N Save - Sun Prairie (Main), WI | NAP | |||||||||||||
6.03 | Property | 1 | Schnucks - Love's Park (Harlem), IL | NAP | |||||||||||||
6.04 | Property | 1 | Walmart Neighborhood Market - Thibodaux (Main), LA | NAP | |||||||||||||
6.05 | Property | 1 | Walmart Neighborhood Market - Houma (Park), LA | NAP | |||||||||||||
6.06 | Property | 1 | Publix - Decatur (Point), AL | NAP | |||||||||||||
6.07 | Property | 1 | PNC Bank - Clarendon Hills (Holmes), IL | NAP | |||||||||||||
6.08 | Property | 1 | Walmart Neighborhood Market - New Iberia (Parkview), LA | NAP | |||||||||||||
6.09 | Property | 1 | Walmart Neighborhood Market - Opelousas (Union), LA | NAP | |||||||||||||
6.10 | Property | 1 | Walmart Neighborhood Market - Meraux (Archbishop), LA | NAP | |||||||||||||
6.11 | Property | 1 | CVS Pharmacy - Auburn (Opelika), AL | NAP | |||||||||||||
6.12 | Property | 1 | Huntington Bank- Clarksburg (Pike), WV | NAP | |||||||||||||
6.13 | Property | 1 | CVS Pharmacy - Grand Rapids (Fuller), MI | NAP | |||||||||||||
6.14 | Property | 1 | O'Reilly Auto Parts - Madison (Commerce), WI | NAP | |||||||||||||
6.15 | Property | 1 | U.S. Bank - Northlake (North), IL | NAP | |||||||||||||
6.16 | Property | 1 | CVS - Tullahoma (Jackson), TN | NAP | |||||||||||||
6.17 | Property | 1 | 7-Eleven- La Grange (Ogden), IL | NAP | |||||||||||||
6.18 | Property | 1 | U.S. Bank - Elk Grove Village (Devon), IL | NAP | |||||||||||||
6.19 | Property | 1 | Sherwin Williams - Marysville (Fifth), OH | NAP | |||||||||||||
6.20 | Property | 1 | O'Reilly - Owensboro (Bold Forbes), KY | NAP | |||||||||||||
6.21 | Property | 1 | PNC Bank - Aurora (Galena), IL | NAP | |||||||||||||
6.22 | Property | 1 | NAPA Auto Parts - Downers Grove (Ogden), IL | NAP | |||||||||||||
6.23 | Property | 1 | Family Dollar - Cuyahoga Falls (Bailey), OH | NAP | |||||||||||||
6.24 | Property | 1 | Dollar General - Lewiston (Sabattus), ME | NAP | |||||||||||||
6.25 | Property | 1 | U.S. Bank - Niles (Dempster), IL | NAP | |||||||||||||
6.26 | Property | 1 | Dollar Tree - Des Plaines (Rand), IL | NAP | |||||||||||||
6.27 | Property | 1 | Dollar General - Odessa (University), TX | NAP | |||||||||||||
6.28 | Property | 1 | Dollar General - Weber City, (Hwy 23), VA | NAP | |||||||||||||
6.29 | Property | 1 | Dollar General- Springtown (Highway), TX | NAP | |||||||||||||
6.30 | Property | 1 | Sherwin Williams - Champaign (Marketview), IL | NAP | |||||||||||||
6.31 | Property | 1 | Dollar General - Holly (Saginaw), MI | NAP | |||||||||||||
6.32 | Property | 1 | Dollar General - Dyer (Sheffield), IN | NAP | |||||||||||||
6.33 | Property | 1 | Dollar General - Lubbock (University), TX | NAP | |||||||||||||
6.34 | Property | 1 | Citizens Bank - Wilmington (Marsh), DE | NAP | |||||||||||||
7 | Loan | 1, 12, 13, 15, 19, 27, 30 | 1 | Bell Works | NAP | 617,834 | 308,917 | 0 | Springing | 0 | 24,583 | 0 | 8,500,000 | Springing | 8,500,000 | 0 | 0 |
8 | Loan | 1, 5, 6, 12, 13, 19, 29 | 17 | ILPT Logistics Portfolio | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | Springing | 0 | 0 | 0 | |
8.01 | Property | 1 | 4000 Principio Parkway | NAP | |||||||||||||
8.02 | Property | 1 | 2020 Joe B. Jackson Parkway | No | |||||||||||||
8.03 | Property | 1 | 1901 Meadowville Technology Parkway | NAP | |||||||||||||
8.04 | Property | 1 | 52 Pettengill Road | NAP | |||||||||||||
8.05 | Property | 1 | 510 John Dodd Road | NAP | |||||||||||||
8.06 | Property | 1 | 309 Dulty's Lane | NAP | |||||||||||||
8.07 | Property | 1 | 5300 Centerpoint Parkway | NAP | |||||||||||||
8.08 | Property | 1 | 17001 West Mercury Street | NAP | |||||||||||||
8.09 | Property | 1 | 725 Darlington Avenue | NAP | |||||||||||||
8.10 | Property | 1 | 10100 89th Avenue N | NAP | |||||||||||||
8.11 | Property | 1 | 7303 Rickenbacker Parkway West | NAP | |||||||||||||
8.12 | Property | 1 | 4836 Hickory Hill Road | NAP | |||||||||||||
8.13 | Property | 1 | 7000 West Post Road | NAP | |||||||||||||
8.14 | Property | 1 | 3201 Bearing Drive | NAP | |||||||||||||
8.15 | Property | 1 | 900 Commerce Parkway West Drive | NAP | |||||||||||||
8.16 | Property | 1 | 6825 West County Road 400 North | NAP | |||||||||||||
8.17 | Property | 1 | 951 Trails Road | NAP | |||||||||||||
9 | Loan | 6, 12, 13, 15, 19, 20, 24, 28 | 5 | Phoenix Industrial Portfolio VIII | 136,487 | 35,040 | 0 | Springing | 0 | 19,408 | 698,705 | 1,500,000 | Springing | 1,500,000 | 0 | 0 | |
9.01 | Property | 1 | West Mifflin, PA | NAP | |||||||||||||
9.02 | Property | 1 | Church Hill, TN | NAP | |||||||||||||
9.03 | Property | 1 | Mossville, IL | NAP | |||||||||||||
9.04 | Property | 1 | Eldon, MO | NAP | |||||||||||||
9.05 | Property | 1 | Kingsport, TN | NAP | |||||||||||||
10 | Loan | 2, 4, 6, 16 | 8 | BVG Portfolio III | 72,077 | 29,068 | 74,820 | 7,942 | 0 | 3,602 | 0 | 0 | 0 | 0 | 0 | 0 | |
10.01 | Property | 1 | Trinidad RV & Emerald Forest RV & Campground | NAP | |||||||||||||
10.02 | Property | 1 | Hacienda RV Resort | NAP | |||||||||||||
10.03 | Property | 1 | Gardena MHC & Apts | NAP | |||||||||||||
10.04 | Property | 1 | Fairmont MHC | NAP | |||||||||||||
10.05 | Property | 1 | Gansett MHC | NAP | |||||||||||||
10.06 | Property | 1 | Elsinore Hills RV Park | NAP | |||||||||||||
10.07 | Property | 1 | Flying A MHC | NAP | |||||||||||||
10.08 | Property | 1 | Golden Arrow MHC | NAP | |||||||||||||
11 | Loan | 15, 19 | 1 | Perry Hall Centre and Perry Hall Square | NAP | 262,177 | 32,772 | 0 | Springing | 250,000 | Springing | 105,000 | 881,859 | Springing | 700,000 | 0 | 0 |
12 | Loan | 9, 10, 12, 16, 17, 19, 27, 32 | 1 | The Shoppes at Eagle Point | NAP | 0 | Springing | 0 | Springing | 0 | 2,851 | 0 | 0 | 15,203 | 0 | 0 | 0 |
13 | Loan | 11, 16 | 1 | Village at Mitchell Ranch | NAP | 402,313 | 67,052 | 0 | 12,875 | 0 | 1,834 | 66,022 | 673,421 | 0 | 0 | 0 | 0 |
14 | Loan | 1, 6, 12, 19 | 14 | Twin Spans Business Park and Delaware River Industrial Park | 853,045 | 142,174 | 0 | Springing | 0 | Springing | 0 | 0 | Springing | 0 | 0 | 0 | |
14.01 | Property | 1 | 350 Anchor Mill Road | NAP |
A-1-20 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Annual Ground Rent Increases (Y/N) | Upfront RE Tax Reserve ($) | Monthly RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Monthly Insurance Reserve ($) | Upfront Replacement / PIP Reserve ($) | Monthly Replacement / FF&E Reserve ($) | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Monthly Debt Service Reserve ($) |
18 | 19 | 18 | 19 | 18 | 19 | 20 | 18 | 19 | 20 | 18 | 19 | ||||||
14.02 | Property | 1 | 301 Anchor Mill Road | NAP | |||||||||||||
14.03 | Property | 1 | 400 Ships Landing Way | NAP | |||||||||||||
14.04 | Property | 1 | 800 Ships Landing Way | NAP | |||||||||||||
14.05 | Property | 1 | 6 Dockview | NAP | |||||||||||||
14.06 | Property | 1 | 501 Ships Landing Way | NAP | |||||||||||||
14.07 | Property | 1 | 250 Anchor Mill Road | NAP | |||||||||||||
14.08 | Property | 1 | 10 Dockview Drive | NAP | |||||||||||||
14.09 | Property | 1 | 7 - 23 Harborview Drive | NAP | |||||||||||||
14.10 | Property | 1 | 200 Anchor Mill Road | NAP | |||||||||||||
14.11 | Property | 1 | 300 Anchor Mill Road | NAP | |||||||||||||
14.12 | Property | 1 | 27 - 55 Harborview Drive | NAP | |||||||||||||
14.13 | Property | 1 | 100 Ships Landing | NAP | |||||||||||||
14.14 | Property | 1 | 600 Ships Landing Way | NAP | |||||||||||||
15 | Loan | 6, 12 | 6 | Stockton Self Storage Portfolio | 55,257 | 27,629 | 56,532 | 5,855 | 0 | 6,502 | 0 | 0 | 0 | 0 | 0 | 0 | |
15.01 | Property | 1 | Airport Road Self Storage | NAP | |||||||||||||
15.02 | Property | 1 | Morada Self Storage | NAP | |||||||||||||
15.03 | Property | 1 | Highway 88 Self Storage | NAP | |||||||||||||
15.04 | Property | 1 | Beckman Road Industrial | NAP | |||||||||||||
15.05 | Property | 1 | Highway 99 Self Storage | NAP | |||||||||||||
15.06 | Property | 1 | Eight Mile Road Self Storage | NAP | |||||||||||||
16 | Loan | 6, 7 | 2 | Deerfield and Courtyard Apartments | 148,121 | 37,030 | 133,826 | 19,096 | 0 | 9,188 | 0 | 0 | 0 | 0 | 0 | 0 | |
16.01 | Property | 1 | Deerfield Apartments | NAP | |||||||||||||
16.02 | Property | 1 | Courtyard Apartments | NAP | |||||||||||||
17 | Loan | 6, 10 | 3 | ABC Mini Storage Portfolio | 39,087 | 13,029 | 34,416 | 3,442 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
17.01 | Property | 1 | ABC Mini Storage - West | NAP | |||||||||||||
17.02 | Property | 1 | ABC Mini Storage - Valley | NAP | |||||||||||||
17.03 | Property | 1 | ABC Mini Storage - North | NAP | |||||||||||||
18 | Loan | 20, 23 | 1 | Sawmill Plaza | NAP | 89,953 | 42,835 | 8,027 | 3,822 | 0 | 3,083 | 0 | 350,000 | 11,357 | 600,000 | 0 | 0 |
19 | Loan | 10, 13, 19, 20 | 1 | 4S Ranch Village Center | NAP | 57,360 | 19,120 | 13,313 | 1,664 | 1,404 | 1,404 | 0 | 4,681 | 4,681 | Various | 0 | 0 |
20 | Loan | 1, 6, 19, 23 | 2 | The Summit | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | Springing | 0 | 0 | 0 | |
20.01 | Property | 1 | Summit 1, 2 | NAP | |||||||||||||
20.02 | Property | 1 | Summit 3 | NAP | |||||||||||||
21 | Loan | 10, 19, 20 | 1 | Hamilton Commons | NAP | 273,594 | 136,797 | 0 | Springing | 0 | 7,053 | 0 | 0 | 41,984 | 1,511,438 | 0 | 0 |
22 | Loan | 15, 19 | 1 | Church Ranch Corporate Center | NAP | 0 | 37,377 | 3,172 | 3,172 | 0 | 6,339 | 0 | 610,000 | 20,000 | 1,000,000 | 0 | 0 |
23 | Loan | 6, 12, 19 | 2 | Oak Ridge Office Park | 48,457 | 48,457 | 29,585 | Springing | 0 | 5,834 | 0 | 1,500,000 | 37,414 | 3,000,000 | 0 | 0 | |
23.01 | Property | 1 | Oak Ridge Technical Center | NAP | |||||||||||||
23.02 | Property | 1 | Oak Ridge Corporate Center | NAP | |||||||||||||
24 | Loan | 2, 13, 19, 20, 23 | 1 | Kalamazoo Distribution Center | NAP | 72,452 | 18,113 | 0 | Springing | 0 | 2,613 | 0 | 0 | 5,225 | 195,000 | 0 | 0 |
25 | Loan | 6 | 2 | Corpus Christi Portfolio | 101,644 | 25,411 | 9,654 | 9,654 | 0 | 17,670 | 0 | 0 | 0 | 0 | 0 | 0 | |
25.01 | Property | 1 | The Staybridge Suites | NAP | |||||||||||||
25.02 | Property | 1 | The Holiday Inn Express & Suites | NAP | |||||||||||||
26 | Loan | 15, 19 | 1 | Rosedale & Soundview | NAP | 173,479 | 30,978 | 104,916 | Springing | 0 | 788 | 30,000 | 100,000 | 0 | 0 | 0 | 0 |
27 | Loan | 15 | 1 | Panther Lake Shopping Center | NAP | 39,725 | 19,863 | 14,230 | 2,372 | 0 | 1,775 | 42,609 | 500,000 | Springing | 500,000 | 0 | 0 |
28 | Loan | 1 | Biotrial Medical Center | NAP | 21,047 | 20,044 | 13,049 | 4,143 | 0 | 1,260 | 0 | 0 | 7,563 | 0 | 0 | 0 | |
29 | Loan | 1, 6, 12, 15, 19, 20, 23 | 6 | Moonwater Office Portfolio | 95,265 | 47,633 | 24,682 | 24,682 | 0 | 13,231 | 366,750 | 780,000 | 76,442 | 6,100,000 | 0 | 0 | |
29.01 | Property | 1 | 6543 Las Vegas Boulevard South | NAP | |||||||||||||
29.02 | Property | 1 | 6226 West Sahara Avenue | NAP | |||||||||||||
29.03 | Property | 1 | 10190 Covington Cross Drive | NAP | |||||||||||||
29.04 | Property | 1 | 1450 Center Crossing Road | NAP | |||||||||||||
29.05 | Property | 1 | 6551 Las Vegas Boulevard South | NAP | |||||||||||||
29.06 | Property | 1 | 9901-9921 Covington Cross Drive | NAP | |||||||||||||
30 | Loan | 15, 19 | 1 | Magnolia Square | NAP | 35,439 | 7,088 | 6,533 | 9,525 | 0 | 1,348 | 0 | 538,000 | Springing | 538,000 | 0 | 0 |
31 | Loan | 15, 19, 28 | 1 | Nona Commons | NAP | 75,718 | 15,144 | 14,412 | 3,133 | 0 | 881 | 0 | 200,000 | Springing | 200,000 | 0 | 0 |
32 | Loan | 16, 19 | 1 | Walgreens - St Paul | NAP | 0 | Springing | 258 | 129 | 0 | Springing | 0 | 0 | Springing | 0 | 0 | 0 |
33 | Loan | 6 | 2 | Aragona Retail Portfolio | 48,934 | 16,311 | 13,354 | 1,908 | 0 | 1,352 | 0 | 300,000 | 7,871 | 500,000 | 0 | 0 | |
33.01 | Property | 1 | Macomb Centre Plaza | NAP | |||||||||||||
33.02 | Property | 1 | River Park Plaza | NAP | |||||||||||||
34 | Loan | 15 | 1 | Centennial Plaza | NAP | 118,920 | 14,865 | 26,041 | 2,367 | 0 | 1,443 | 51,955 | 250,000 | 4,811 | 450,000 | 0 | 0 |
35 | Loan | 17 | 1 | Great American Self Storage | Yes | 27,137 | 5,427 | 8,025 | 4,012 | 1,087 | 1,087 | 0 | 0 | 0 | 0 | 0 | 0 |
36 | Loan | 15, 19, 21 | 1 | South Valley Center | NAP | 58,083 | 11,617 | 4,546 | 1,515 | 15,000 | Springing | 15,000 | 160,000 | Springing | 160,000 | 0 | 0 |
37 | Loan | 13, 19 | 1 | 127 8th Avenue Leased Fee | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
38 | Loan | 10, 30 | 1 | Go Store It Crossville | NAP | 27,668 | 3,458 | 11,115 | 1,588 | 100,000 | 1,446 | 0 | 0 | 0 | 0 | 0 | 0 |
39 | Loan | 2, 3, 16, 19, 27 | 1 | 965-977 Frankford Avenue | NAP | 1,619 | 405 | 20,821 | 2,082 | 0 | Springing | 0 | 0 | 326 | 0 | 0 | 0 |
40 | Loan | 16, 19 | 1 | Home2 Suites Bedford | NAP | 37,763 | 9,441 | 59,993 | 4,295 | 0 | 4,539 | 650,000 | 0 | 0 | 0 | 0 | 0 |
41 | Loan | 13, 16, 32 | 1 | Edwards Landing Apartments | NAP | 43,421 | 8,684 | 35,031 | 4,379 | 0 | 1,625 | 0 | 0 | 0 | 0 | 0 | 0 |
42 | Loan | 1 | Holiday Inn Express - Memphis, TN | NAP | 87,922 | 10,990 | 9,129 | 4,565 | 0 | 9,849 | 0 | 0 | 0 | 0 | 0 | 0 | |
43 | Loan | 19 | 1 | Shops at The Domain | NAP | 59,492 | 14,165 | 11,918 | 1,032 | 0 | 169 | 0 | 100,000 | 1,360 | 0 | 0 | 0 |
44 | Loan | 16, 30 | 1 | 275 Commerce | NAP | 120,872 | 14,340 | 10,862 | 1,358 | 0 | 846 | 0 | 300,000 | 4,243 | 0 | 0 | 0 |
45 | Loan | 11, 19 | 1 | CVS Pawtucket | NAP | 0 | Springing | 962 | 83 | 0 | 136 | 0 | 0 | 0 | 0 | 0 | 0 |
46 | Loan | 5, 19 | 1 | Candlewood Suites Elgin | NAP | 81,000 | 10,125 | 20,759 | 1,730 | 0 | 5,431 | 0 | 0 | 0 | 0 | 0 | 0 |
47 | Loan | 1 | Load and Lock Self Storage | NAP | 0 | 5,335 | 5,051 | 459 | 0 | 713 | 0 | 0 | 0 | 0 | 0 | 0 | |
48 | Loan | 15 | 1 | Hartsville Crossing | NAP | 39,308 | 7,019 | 4,648 | 1,788 | 0 | 858 | 0 | 200,000 | 4,290 | 200,000 | 0 | 0 |
49 | Loan | 1 | Washington MHC Portfolio | NAP | 13,145 | 2,504 | 3,397 | 1,618 | 0 | 458 | 0 | 0 | 0 | 0 | 0 | 0 | |
50 | Loan | 20 | 1 | 5400-5450 W. Atlantic Blvd | NAP | 22,200 | 11,100 | 4,445 | 4,445 | 0 | 435 | 0 | 0 | 2,169 | 175,000 | 0 | 0 |
51 | Loan | 19 | 1 | Walgreens McDonough | NAP | 0 | Springing | 997 | 86 | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 |
52 | Loan | 16 | 1 | 701 Van Duzer Street | NAP | 18,197 | 4,549 | 1,817 | 617 | 0 | 310 | 0 | 0 | 542 | 0 | 0 | 0 |
53 | Loan | 20 | 1 | Marymoor Self Storage | NAP | 19,046 | 9,070 | 681 | 648 | 0 | 421 | 10,102 | 0 | 0 | 0 | 0 | 0 |
54 | Loan | 1 | 28818 Cinco Ranch | NAP | 45,342 | 9,068 | 0 | Springing | 0 | 286 | 0 | 0 | 2,083 | 125,000 | 0 | 0 | |
55 | Loan | 16 | 1 | The Storage Depot | NAP | 18,222 | 3,644 | 1,918 | 959 | 0 | 443 | 0 | 0 | 0 | 0 | 0 | 0 |
56 | Loan | 19 | 1 | Walgreens Plainfield | NAP | 0 | Springing | 997 | 86 | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 |
57 | Loan | 16 | 1 | CVS Fourth Street | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 |
58 | Loan | 19 | 1 | Walgreens House Springs | NAP | 0 | Springing | 997 | 86 | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 |
59 | Loan | 1 | Inner Space Storage | NAP | 6,100 | 1,017 | 6,263 | 569 | 63,938 | 254 | 0 | 0 | 0 | 0 | 0 | 0 | |
60 | Loan | 2 | 1 | Lamplighter MHC | NAP | 6,650 | 1,267 | 1,698 | 404 | 0 | 125 | 0 | 0 | 0 | 0 | 0 | 0 |
A-1-21 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Debt Service Reserve Cap ($) | Upfront Deferred Maintenance Reserve ($) | Upfront Other Reserve ($) | Monthly Other Reserve ($) | Other Reserve Description | Other Reserve Cap ($) |
20 | 18 | 18 | 19 | 20 | ||||||
1 | Loan | 6, 10,12 | 5 | Houston Multifamily Portfolio | 0 | 1,296,156 | 0 | 0 | 0 | |
1.01 | Property | 1 | Providence at Memorial | |||||||
1.02 | Property | 1 | Diamond Hill | |||||||
1.03 | Property | 1 | Casa Del Mar | |||||||
1.04 | Property | 1 | Sedona Pointe | |||||||
1.05 | Property | 1 | Buena Vista | |||||||
2 | Loan | 1, 2, 3, 6, 12, 13, 14, 19 | 2 | Yorkshire & Lexington Towers | 0 | 0 | 12,400,000 | Springing | Unit Upgrade Reserve (Upfront: $6,500,000); Supplemental Income Reserve (Upfront: $5,900,000; Monthly: Springing) | 0 |
2.01 | Property | 1 | Yorkshire Towers | |||||||
2.02 | Property | 1 | Lexington Towers | |||||||
3 | Loan | 10, 13, 19, 21, 24 | 1 | 1888 Century Park East | 0 | 0 | 0 | 0 | 0 | |
4 | Loan | 12, 15, 16, 19, 24 | 1 | 3075 Olcott | 0 | 0 | 54,535,711 | 0 | TATILC Reserve (Upfront: $23,983,292), Outstanding Completion Obligations Reserve (Upfront: $20,083,016), Rent Concession Reserve (Upfront: $10,469,403) | 0 |
5 | Loan | 12, 16, 24 | 1 | 70 Hudson Street | 0 | 0 | 306,422 | 0 | Rent Abatement Reserve ($200,000.00), Maman Reserve ($106,421.76) | 0 |
6 | Loan | 1, 6, 10, 12, 16, 30 | 34 | ExchangeRight Net Leased Portfolio #55 | 0 | 180,760 | 200,000 | 0 | Unfunded Obligations Reserve | 0 |
6.01 | Property | 1 | Walmart Neighborhood Market - Prairieville (Airline), LA | |||||||
6.02 | Property | 1 | Pick N Save - Sun Prairie (Main), WI | |||||||
6.03 | Property | 1 | Schnucks - Love's Park (Harlem), IL | |||||||
6.04 | Property | 1 | Walmart Neighborhood Market - Thibodaux (Main), LA | |||||||
6.05 | Property | 1 | Walmart Neighborhood Market - Houma (Park), LA | |||||||
6.06 | Property | 1 | Publix - Decatur (Point), AL | |||||||
6.07 | Property | 1 | PNC Bank - Clarendon Hills (Holmes), IL | |||||||
6.08 | Property | 1 | Walmart Neighborhood Market - New Iberia (Parkview), LA | |||||||
6.09 | Property | 1 | Walmart Neighborhood Market - Opelousas (Union), LA | |||||||
6.10 | Property | 1 | Walmart Neighborhood Market - Meraux (Archbishop), LA | |||||||
6.11 | Property | 1 | CVS Pharmacy - Auburn (Opelika), AL | |||||||
6.12 | Property | 1 | Huntington Bank- Clarksburg (Pike), WV | |||||||
6.13 | Property | 1 | CVS Pharmacy - Grand Rapids (Fuller), MI | |||||||
6.14 | Property | 1 | O'Reilly Auto Parts - Madison (Commerce), WI | |||||||
6.15 | Property | 1 | U.S. Bank - Northlake (North), IL | |||||||
6.16 | Property | 1 | CVS - Tullahoma (Jackson), TN | |||||||
6.17 | Property | 1 | 7-Eleven- La Grange (Ogden), IL | |||||||
6.18 | Property | 1 | U.S. Bank - Elk Grove Village (Devon), IL | |||||||
6.19 | Property | 1 | Sherwin Williams - Marysville (Fifth), OH | |||||||
6.20 | Property | 1 | O'Reilly - Owensboro (Bold Forbes), KY | |||||||
6.21 | Property | 1 | PNC Bank - Aurora (Galena), IL | |||||||
6.22 | Property | 1 | NAPA Auto Parts - Downers Grove (Ogden), IL | |||||||
6.23 | Property | 1 | Family Dollar - Cuyahoga Falls (Bailey), OH | |||||||
6.24 | Property | 1 | Dollar General - Lewiston (Sabattus), ME | |||||||
6.25 | Property | 1 | U.S. Bank - Niles (Dempster), IL | |||||||
6.26 | Property | 1 | Dollar Tree - Des Plaines (Rand), IL | |||||||
6.27 | Property | 1 | Dollar General - Odessa (University), TX | |||||||
6.28 | Property | 1 | Dollar General - Weber City, (Hwy 23), VA | |||||||
6.29 | Property | 1 | Dollar General- Springtown (Highway), TX | |||||||
6.30 | Property | 1 | Sherwin Williams - Champaign (Marketview), IL | |||||||
6.31 | Property | 1 | Dollar General - Holly (Saginaw), MI | |||||||
6.32 | Property | 1 | Dollar General - Dyer (Sheffield), IN | |||||||
6.33 | Property | 1 | Dollar General - Lubbock (University), TX | |||||||
6.34 | Property | 1 | Citizens Bank - Wilmington (Marsh), DE | |||||||
7 | Loan | 1, 12, 13, 15, 19, 27, 30 | 1 | Bell Works | 0 | 0 | 6,778,984 | Springing | Outstanding Obligations Reserve (Upfront: $6,778,984), Put Price Reserve (Monthly: Springing) | 0 |
8 | Loan | 1, 5, 6, 12, 13, 19, 29 | 17 | ILPT Logistics Portfolio | 0 | 0 | 1,758,645 | 0 | Unfunded Obligations Reserve | 0 |
8.01 | Property | 1 | 4000 Principio Parkway | |||||||
8.02 | Property | 1 | 2020 Joe B. Jackson Parkway | |||||||
8.03 | Property | 1 | 1901 Meadowville Technology Parkway | |||||||
8.04 | Property | 1 | 52 Pettengill Road | |||||||
8.05 | Property | 1 | 510 John Dodd Road | |||||||
8.06 | Property | 1 | 309 Dulty's Lane | |||||||
8.07 | Property | 1 | 5300 Centerpoint Parkway | |||||||
8.08 | Property | 1 | 17001 West Mercury Street | |||||||
8.09 | Property | 1 | 725 Darlington Avenue | |||||||
8.10 | Property | 1 | 10100 89th Avenue N | |||||||
8.11 | Property | 1 | 7303 Rickenbacker Parkway West | |||||||
8.12 | Property | 1 | 4836 Hickory Hill Road | |||||||
8.13 | Property | 1 | 7000 West Post Road | |||||||
8.14 | Property | 1 | 3201 Bearing Drive | |||||||
8.15 | Property | 1 | 900 Commerce Parkway West Drive | |||||||
8.16 | Property | 1 | 6825 West County Road 400 North | |||||||
8.17 | Property | 1 | 951 Trails Road | |||||||
9 | Loan | 6, 12, 13, 15, 19, 20, 24, 28 | 5 | Phoenix Industrial Portfolio VIII | 0 | 59,444 | 8,870 | 0 | Unfunded Obligations Reserve | 0 |
9.01 | Property | 1 | West Mifflin, PA | |||||||
9.02 | Property | 1 | Church Hill, TN | |||||||
9.03 | Property | 1 | Mossville, IL | |||||||
9.04 | Property | 1 | Eldon, MO | |||||||
9.05 | Property | 1 | Kingsport, TN | |||||||
10 | Loan | 2, 4, 6, 16 | 8 | BVG Portfolio III | 0 | 228,188 | 1,000,000 | 0 | Economic Performance Reserve | 0 |
10.01 | Property | 1 | Trinidad RV & Emerald Forest RV & Campground | |||||||
10.02 | Property | 1 | Hacienda RV Resort | |||||||
10.03 | Property | 1 | Gardena MHC & Apts | |||||||
10.04 | Property | 1 | Fairmont MHC | |||||||
10.05 | Property | 1 | Gansett MHC | |||||||
10.06 | Property | 1 | Elsinore Hills RV Park | |||||||
10.07 | Property | 1 | Flying A MHC | |||||||
10.08 | Property | 1 | Golden Arrow MHC | |||||||
11 | Loan | 15, 19 | 1 | Perry Hall Centre and Perry Hall Square | 0 | 240,925 | 2,361,439 | Springing | Almost Home Care Expansion Reserve (Upfront: $1,986,871.73), Almost Home Care Rent Reserve (Upfront: $132,017.70), Kid to Kid Rent Reserve (Upfront: $105,259), Existing TI/LC Obligations Reserve (Upfront: $63,553.36), Zips Dry Cleaning Free Rent Reserve (Upfront: $56,591.66), I Heart Mac & Cheese Free Rent and Gap Rent Reserve (Upfront: $13,575.51), Levin Eye Care Free Rent Reserve (Upfront: $3,570), Springing Specified Tenant Renewal Reserve (Monthly: Springing) | 0 |
12 | Loan | 9, 10, 12, 16, 17, 19, 27, 32 | 1 | The Shoppes at Eagle Point | 0 | 0 | 0 | 0 | 0 | |
13 | Loan | 11, 16 | 1 | Village at Mitchell Ranch | 0 | 0 | 0 | 0 | 0 | |
14 | Loan | 1, 6, 12, 19 | 14 | Twin Spans Business Park and Delaware River Industrial Park | 0 | 0 | 139,982 | 0 | Outstanding TI Reserve | 0 |
14.01 | Property | 1 | 350 Anchor Mill Road |
A-1-22 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Debt Service Reserve Cap ($) | Upfront Deferred Maintenance Reserve ($) | Upfront Other Reserve ($) | Monthly Other Reserve ($) | Other Reserve Description | Other Reserve Cap ($) |
20 | 18 | 18 | 19 | 20 | ||||||
14.02 | Property | 1 | 301 Anchor Mill Road | |||||||
14.03 | Property | 1 | 400 Ships Landing Way | |||||||
14.04 | Property | 1 | 800 Ships Landing Way | |||||||
14.05 | Property | 1 | 6 Dockview | |||||||
14.06 | Property | 1 | 501 Ships Landing Way | |||||||
14.07 | Property | 1 | 250 Anchor Mill Road | |||||||
14.08 | Property | 1 | 10 Dockview Drive | |||||||
14.09 | Property | 1 | 7 - 23 Harborview Drive | |||||||
14.10 | Property | 1 | 200 Anchor Mill Road | |||||||
14.11 | Property | 1 | 300 Anchor Mill Road | |||||||
14.12 | Property | 1 | 27 - 55 Harborview Drive | |||||||
14.13 | Property | 1 | 100 Ships Landing | |||||||
14.14 | Property | 1 | 600 Ships Landing Way | |||||||
15 | Loan | 6, 12 | 6 | Stockton Self Storage Portfolio | 0 | 0 | 0 | 0 | 0 | |
15.01 | Property | 1 | Airport Road Self Storage | |||||||
15.02 | Property | 1 | Morada Self Storage | |||||||
15.03 | Property | 1 | Highway 88 Self Storage | |||||||
15.04 | Property | 1 | Beckman Road Industrial | |||||||
15.05 | Property | 1 | Highway 99 Self Storage | |||||||
15.06 | Property | 1 | Eight Mile Road Self Storage | |||||||
16 | Loan | 6, 7 | 2 | Deerfield and Courtyard Apartments | 0 | 0 | 3,000,000 | 0 | Economic Reserve | 0 |
16.01 | Property | 1 | Deerfield Apartments | |||||||
16.02 | Property | 1 | Courtyard Apartments | |||||||
17 | Loan | 6, 10 | 3 | ABC Mini Storage Portfolio | 0 | 84,063 | 0 | 0 | 0 | |
17.01 | Property | 1 | ABC Mini Storage - West | |||||||
17.02 | Property | 1 | ABC Mini Storage - Valley | |||||||
17.03 | Property | 1 | ABC Mini Storage - North | |||||||
18 | Loan | 20, 23 | 1 | Sawmill Plaza | 0 | 161,500 | 0 | 0 | 0 | |
19 | Loan | 10, 13, 19, 20 | 1 | 4S Ranch Village Center | 0 | 0 | 0 | 0 | 0 | |
20 | Loan | 1, 6, 19, 23 | 2 | The Summit | 0 | 0 | 9,900,543 | 0 | Outstanding TI/LC Reserves ($6,942,143); Gap/Free Rent Account ($2,958,400) | 0 |
20.01 | Property | 1 | Summit 1, 2 | |||||||
20.02 | Property | 1 | Summit 3 | |||||||
21 | Loan | 10, 19, 20 | 1 | Hamilton Commons | 0 | 5,520 | 500,000 | Springing | Enhanced Reserve | 1,209,150 |
22 | Loan | 15, 19 | 1 | Church Ranch Corporate Center | 0 | 153,525 | 62,670 | 0 | Denver Children's Free Rent Reserve | 0 |
23 | Loan | 6, 12, 19 | 2 | Oak Ridge Office Park | 0 | 106,469 | 0 | 0 | 0 | |
23.01 | Property | 1 | Oak Ridge Technical Center | |||||||
23.02 | Property | 1 | Oak Ridge Corporate Center | |||||||
24 | Loan | 2, 13, 19, 20, 23 | 1 | Kalamazoo Distribution Center | 0 | 0 | 1,100,000 | Springing | Outstanding TI/LC Reserve (Upfront: $1,100,000), Special Rollover Reserve (Monthly: Springing; Cap: Various) | Various |
25 | Loan | 6 | 2 | Corpus Christi Portfolio | 0 | 35,625 | 1,973,500 | 0 | PIP Reserve | 0 |
25.01 | Property | 1 | The Staybridge Suites | |||||||
25.02 | Property | 1 | The Holiday Inn Express & Suites | |||||||
26 | Loan | 15, 19 | 1 | Rosedale & Soundview | 0 | 5,313 | 0 | Springing | Material Tenant Rollover Reserve (Monthly: Springing; Cap: Various); Rent Concession Reserve (Monthly: Springing) | Various |
27 | Loan | 15 | 1 | Panther Lake Shopping Center | 0 | 10,812 | 0 | Springing | 24 Hour Fitness Rollover Reserve (Monthly: Springing); KeyBank Rollover Reserve (Monthly: Springing); Low DSCR Reserve (Monthly: Springing) | 0 |
28 | Loan | 1 | Biotrial Medical Center | 0 | 0 | 0 | 0 | 0 | ||
29 | Loan | 1, 6, 12, 15, 19, 20, 23 | 6 | Moonwater Office Portfolio | 0 | 30,063 | 1,884,865 | 0 | Unfunded Obligations Reserve | 0 |
29.01 | Property | 1 | 6543 Las Vegas Boulevard South | |||||||
29.02 | Property | 1 | 6226 West Sahara Avenue | |||||||
29.03 | Property | 1 | 10190 Covington Cross Drive | |||||||
29.04 | Property | 1 | 1450 Center Crossing Road | |||||||
29.05 | Property | 1 | 6551 Las Vegas Boulevard South | |||||||
29.06 | Property | 1 | 9901-9921 Covington Cross Drive | |||||||
30 | Loan | 15, 19 | 1 | Magnolia Square | 0 | 34,844 | 456,725 | 0 | Outstanding TI Reserve | 0 |
31 | Loan | 15, 19, 28 | 1 | Nona Commons | 0 | 0 | 0 | Springing | Material Tenant Rollover Reserve | 0 |
32 | Loan | 16, 19 | 1 | Walgreens - St Paul | 0 | 0 | 0 | Springing | Anchor Tenant Reserve | 0 |
33 | Loan | 6 | 2 | Aragona Retail Portfolio | 0 | 30,625 | 43,632 | 0 | Rent Gap Reserve ($23,632); Outstanding TI Reserve ($20,000) | 0 |
33.01 | Property | 1 | Macomb Centre Plaza | |||||||
33.02 | Property | 1 | River Park Plaza | |||||||
34 | Loan | 15 | 1 | Centennial Plaza | 0 | 25,375 | 0 | 0 | 0 | |
35 | Loan | 17 | 1 | Great American Self Storage | 0 | 0 | 0 | 0 | 0 | |
36 | Loan | 15, 19, 21 | 1 | South Valley Center | 0 | 0 | 30,798 | Springing | Outstanding Tenant Concession Reserve (Upfront: $30,798), Critical Tenant Reserve (Monthly: Springing) | 0 |
37 | Loan | 13, 19 | 1 | 127 8th Avenue Leased Fee | 0 | 0 | 0 | 0 | 0 | |
38 | Loan | 10, 30 | 1 | Go Store It Crossville | 0 | 44,280 | 75,000 | 0 | Leasing Office Reserve | 0 |
39 | Loan | 2, 3, 16, 19, 27 | 1 | 965-977 Frankford Avenue | 0 | 0 | 17,945 | 0 | Outstanding Tenant Obligations | 0 |
40 | Loan | 16, 19 | 1 | Home2 Suites Bedford | 0 | 0 | 0 | 0 | 0 | |
41 | Loan | 13, 16, 32 | 1 | Edwards Landing Apartments | 0 | 0 | 0 | 0 | 0 | |
42 | Loan | 1 | Holiday Inn Express - Memphis, TN | 0 | 0 | 155,106 | 0 | PIP Reserve Fund | 0 | |
43 | Loan | 19 | 1 | Shops at The Domain | 0 | 0 | 32,363 | Springing | Mattress Firm Reconciliation Reserve (Upfront: $32,362.74), Swish Dental Rollover Fund (Monthly: Springing; Cap: $60,000), Sleep Number Rollover Fund (Monthly: Springing; Cap: $60,000), Mattress Firm Rollover Fund (Monthly: Springing; Cap: $60,000) | Various |
44 | Loan | 16, 30 | 1 | 275 Commerce | 0 | 11,333 | 1,306,802 | 0 | Tenant Earnout Reserve ($775,000); Outstanding TI/LC Reserve ($469,731.64); Free Rent Reserve ($62,070) | 0 |
45 | Loan | 11, 19 | 1 | CVS Pawtucket | 0 | 6,688 | 0 | 0 | 0 | |
46 | Loan | 5, 19 | 1 | Candlewood Suites Elgin | 0 | 0 | 770,000 | Springing | PIP Reserve | 0 |
47 | Loan | 1 | Load and Lock Self Storage | 0 | 95,500 | 0 | 0 | 0 | ||
48 | Loan | 15 | 1 | Hartsville Crossing | 0 | 7,500 | 0 | 0 | 0 | |
49 | Loan | 1 | Washington MHC Portfolio | 0 | 15,813 | 0 | 0 | 0 | ||
50 | Loan | 20 | 1 | 5400-5450 W. Atlantic Blvd | 0 | 56,250 | 4,890 | 0 | Free Rent Reserve | 0 |
51 | Loan | 19 | 1 | Walgreens McDonough | 0 | 0 | 0 | 0 | 0 | |
52 | Loan | 16 | 1 | 701 Van Duzer Street | 0 | 4,688 | 0 | 0 | 0 | |
53 | Loan | 20 | 1 | Marymoor Self Storage | 0 | 0 | 0 | 0 | 0 | |
54 | Loan | 1 | 28818 Cinco Ranch | 0 | 0 | 15,000 | 0 | Serasana CAM Reserve | 0 | |
55 | Loan | 16 | 1 | The Storage Depot | 0 | 0 | 0 | 0 | 0 | |
56 | Loan | 19 | 1 | Walgreens Plainfield | 0 | 0 | 0 | 0 | 0 | |
57 | Loan | 16 | 1 | CVS Fourth Street | 0 | 0 | 0 | 0 | 0 | |
58 | Loan | 19 | 1 | Walgreens House Springs | 0 | 0 | 0 | 0 | 0 | |
59 | Loan | 1 | Inner Space Storage | 0 | 1,063 | 0 | 0 | 0 | ||
60 | Loan | 2 | 1 | Lamplighter MHC | 0 | 8,500 | 0 | 0 | 0 |
A-1-23 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Holdback/ Earnout Amount ($) | Holdback/ Earnout Description | Lockbox Type | Cash Management | Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | Tenant Specific Excess Cash Trap Trigger (Y/N) | Pari Passu (Y/N) | Pari Passu in Trust Controlling (Y/N) | Trust Pari Passu Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) |
26 | 26 | |||||||||||||
1 | Loan | 6, 10,12 | 5 | Houston Multifamily Portfolio | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
1.01 | Property | 1 | Providence at Memorial | |||||||||||
1.02 | Property | 1 | Diamond Hill | |||||||||||
1.03 | Property | 1 | Casa Del Mar | |||||||||||
1.04 | Property | 1 | Sedona Pointe | |||||||||||
1.05 | Property | 1 | Buena Vista | |||||||||||
2 | Loan | 1, 2, 3, 6, 12, 13, 14, 19 | 2 | Yorkshire & Lexington Towers | NAP | NAP | Soft (Residential); Hard (Commercial) | In Place | Yes | No | Yes | No | 65,000,000 | 253,000,000 |
2.01 | Property | 1 | Yorkshire Towers | |||||||||||
2.02 | Property | 1 | Lexington Towers | |||||||||||
3 | Loan | 10, 13, 19, 21, 24 | 1 | 1888 Century Park East | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 65,000,000 | 135,000,000 |
4 | Loan | 12, 15, 16, 19, 24 | 1 | 3075 Olcott | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 65,000,000 | 77,000,000 |
5 | Loan | 12, 16, 24 | 1 | 70 Hudson Street | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 48,000,000 | 72,000,000 |
6 | Loan | 1, 6, 10, 12, 16, 30 | 34 | ExchangeRight Net Leased Portfolio #55 | NAP | NAP | Hard | Springing | Yes | No | Yes | No | 41,560,000 | 62,340,000 |
6.01 | Property | 1 | Walmart Neighborhood Market - Prairieville (Airline), LA | |||||||||||
6.02 | Property | 1 | Pick N Save - Sun Prairie (Main), WI | |||||||||||
6.03 | Property | 1 | Schnucks - Love's Park (Harlem), IL | |||||||||||
6.04 | Property | 1 | Walmart Neighborhood Market - Thibodaux (Main), LA | |||||||||||
6.05 | Property | 1 | Walmart Neighborhood Market - Houma (Park), LA | |||||||||||
6.06 | Property | 1 | Publix - Decatur (Point), AL | |||||||||||
6.07 | Property | 1 | PNC Bank - Clarendon Hills (Holmes), IL | |||||||||||
6.08 | Property | 1 | Walmart Neighborhood Market - New Iberia (Parkview), LA | |||||||||||
6.09 | Property | 1 | Walmart Neighborhood Market - Opelousas (Union), LA | |||||||||||
6.10 | Property | 1 | Walmart Neighborhood Market - Meraux (Archbishop), LA | |||||||||||
6.11 | Property | 1 | CVS Pharmacy - Auburn (Opelika), AL | |||||||||||
6.12 | Property | 1 | Huntington Bank- Clarksburg (Pike), WV | |||||||||||
6.13 | Property | 1 | CVS Pharmacy - Grand Rapids (Fuller), MI | |||||||||||
6.14 | Property | 1 | O'Reilly Auto Parts - Madison (Commerce), WI | |||||||||||
6.15 | Property | 1 | U.S. Bank - Northlake (North), IL | |||||||||||
6.16 | Property | 1 | CVS - Tullahoma (Jackson), TN | |||||||||||
6.17 | Property | 1 | 7-Eleven- La Grange (Ogden), IL | |||||||||||
6.18 | Property | 1 | U.S. Bank - Elk Grove Village (Devon), IL | |||||||||||
6.19 | Property | 1 | Sherwin Williams - Marysville (Fifth), OH | |||||||||||
6.20 | Property | 1 | O'Reilly - Owensboro (Bold Forbes), KY | |||||||||||
6.21 | Property | 1 | PNC Bank - Aurora (Galena), IL | |||||||||||
6.22 | Property | 1 | NAPA Auto Parts - Downers Grove (Ogden), IL | |||||||||||
6.23 | Property | 1 | Family Dollar - Cuyahoga Falls (Bailey), OH | |||||||||||
6.24 | Property | 1 | Dollar General - Lewiston (Sabattus), ME | |||||||||||
6.25 | Property | 1 | U.S. Bank - Niles (Dempster), IL | |||||||||||
6.26 | Property | 1 | Dollar Tree - Des Plaines (Rand), IL | |||||||||||
6.27 | Property | 1 | Dollar General - Odessa (University), TX | |||||||||||
6.28 | Property | 1 | Dollar General - Weber City, (Hwy 23), VA | |||||||||||
6.29 | Property | 1 | Dollar General- Springtown (Highway), TX | |||||||||||
6.30 | Property | 1 | Sherwin Williams - Champaign (Marketview), IL | |||||||||||
6.31 | Property | 1 | Dollar General - Holly (Saginaw), MI | |||||||||||
6.32 | Property | 1 | Dollar General - Dyer (Sheffield), IN | |||||||||||
6.33 | Property | 1 | Dollar General - Lubbock (University), TX | |||||||||||
6.34 | Property | 1 | Citizens Bank - Wilmington (Marsh), DE | |||||||||||
7 | Loan | 1, 12, 13, 15, 19, 27, 30 | 1 | Bell Works | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 40,000,000 | 170,000,000 |
8 | Loan | 1, 5, 6, 12, 13, 19, 29 | 17 | ILPT Logistics Portfolio | NAP | NAP | Hard | Springing | Yes | No | Yes | No | 39,999,999 | 301,140,001 |
8.01 | Property | 1 | 4000 Principio Parkway | |||||||||||
8.02 | Property | 1 | 2020 Joe B. Jackson Parkway | |||||||||||
8.03 | Property | 1 | 1901 Meadowville Technology Parkway | |||||||||||
8.04 | Property | 1 | 52 Pettengill Road | |||||||||||
8.05 | Property | 1 | 510 John Dodd Road | |||||||||||
8.06 | Property | 1 | 309 Dulty's Lane | |||||||||||
8.07 | Property | 1 | 5300 Centerpoint Parkway | |||||||||||
8.08 | Property | 1 | 17001 West Mercury Street | |||||||||||
8.09 | Property | 1 | 725 Darlington Avenue | |||||||||||
8.10 | Property | 1 | 10100 89th Avenue N | |||||||||||
8.11 | Property | 1 | 7303 Rickenbacker Parkway West | |||||||||||
8.12 | Property | 1 | 4836 Hickory Hill Road | |||||||||||
8.13 | Property | 1 | 7000 West Post Road | |||||||||||
8.14 | Property | 1 | 3201 Bearing Drive | |||||||||||
8.15 | Property | 1 | 900 Commerce Parkway West Drive | |||||||||||
8.16 | Property | 1 | 6825 West County Road 400 North | |||||||||||
8.17 | Property | 1 | 951 Trails Road | |||||||||||
9 | Loan | 6, 12, 13, 15, 19, 20, 24, 28 | 5 | Phoenix Industrial Portfolio VIII | NAP | NAP | Hard | Springing | Yes | Yes | Yes | Yes | 35,000,000 | 22,000,000 |
9.01 | Property | 1 | West Mifflin, PA | |||||||||||
9.02 | Property | 1 | Church Hill, TN | |||||||||||
9.03 | Property | 1 | Mossville, IL | |||||||||||
9.04 | Property | 1 | Eldon, MO | |||||||||||
9.05 | Property | 1 | Kingsport, TN | |||||||||||
10 | Loan | 2, 4, 6, 16 | 8 | BVG Portfolio III | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
10.01 | Property | 1 | Trinidad RV & Emerald Forest RV & Campground | |||||||||||
10.02 | Property | 1 | Hacienda RV Resort | |||||||||||
10.03 | Property | 1 | Gardena MHC & Apts | |||||||||||
10.04 | Property | 1 | Fairmont MHC | |||||||||||
10.05 | Property | 1 | Gansett MHC | |||||||||||
10.06 | Property | 1 | Elsinore Hills RV Park | |||||||||||
10.07 | Property | 1 | Flying A MHC | |||||||||||
10.08 | Property | 1 | Golden Arrow MHC | |||||||||||
11 | Loan | 15, 19 | 1 | Perry Hall Centre and Perry Hall Square | NAP | NAP | Soft | Springing | Yes | Yes | No | NAP | NAP | NAP |
12 | Loan | 9, 10, 12, 16, 17, 19, 27, 32 | 1 | The Shoppes at Eagle Point | NAP | NAP | Hard | Springing | Yes | No | Yes | Yes | 29,966,541 | 9,988,847 |
13 | Loan | 11, 16 | 1 | Village at Mitchell Ranch | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP |
14 | Loan | 1, 6, 12, 19 | 14 | Twin Spans Business Park and Delaware River Industrial Park | NAP | NAP | Springing | Springing | No | No | Yes | No | 28,000,000 | 110,000,000 |
14.01 | Property | 1 | 350 Anchor Mill Road |
A-1-24 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Holdback/ Earnout Amount ($) | Holdback/ Earnout Description | Lockbox Type | Cash Management | Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | Tenant Specific Excess Cash Trap Trigger (Y/N) | Pari Passu (Y/N) | Pari Passu in Trust Controlling (Y/N) | Trust Pari Passu Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) |
26 | 26 | |||||||||||||
14.02 | Property | 1 | 301 Anchor Mill Road | |||||||||||
14.03 | Property | 1 | 400 Ships Landing Way | |||||||||||
14.04 | Property | 1 | 800 Ships Landing Way | |||||||||||
14.05 | Property | 1 | 6 Dockview | |||||||||||
14.06 | Property | 1 | 501 Ships Landing Way | |||||||||||
14.07 | Property | 1 | 250 Anchor Mill Road | |||||||||||
14.08 | Property | 1 | 10 Dockview Drive | |||||||||||
14.09 | Property | 1 | 7 - 23 Harborview Drive | |||||||||||
14.10 | Property | 1 | 200 Anchor Mill Road | |||||||||||
14.11 | Property | 1 | 300 Anchor Mill Road | |||||||||||
14.12 | Property | 1 | 27 - 55 Harborview Drive | |||||||||||
14.13 | Property | 1 | 100 Ships Landing | |||||||||||
14.14 | Property | 1 | 600 Ships Landing Way | |||||||||||
15 | Loan | 6, 12 | 6 | Stockton Self Storage Portfolio | NAP | NAP | Springing | Springing | Yes | No | Yes | Yes | 24,974,325 | 13,985,622 |
15.01 | Property | 1 | Airport Road Self Storage | |||||||||||
15.02 | Property | 1 | Morada Self Storage | |||||||||||
15.03 | Property | 1 | Highway 88 Self Storage | |||||||||||
15.04 | Property | 1 | Beckman Road Industrial | |||||||||||
15.05 | Property | 1 | Highway 99 Self Storage | |||||||||||
15.06 | Property | 1 | Eight Mile Road Self Storage | |||||||||||
16 | Loan | 6, 7 | 2 | Deerfield and Courtyard Apartments | 3,000,000 | $3,000,000 deposited into the Economic Holdback Reserve to be distributed to the borrower upon certain conditions in the loan agreement | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
16.01 | Property | 1 | Deerfield Apartments | |||||||||||
16.02 | Property | 1 | Courtyard Apartments | |||||||||||
17 | Loan | 6, 10 | 3 | ABC Mini Storage Portfolio | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
17.01 | Property | 1 | ABC Mini Storage - West | |||||||||||
17.02 | Property | 1 | ABC Mini Storage - Valley | |||||||||||
17.03 | Property | 1 | ABC Mini Storage - North | |||||||||||
18 | Loan | 20, 23 | 1 | Sawmill Plaza | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP |
19 | Loan | 10, 13, 19, 20 | 1 | 4S Ranch Village Center | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
20 | Loan | 1, 6, 19, 23 | 2 | The Summit | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 17,000,000 | 310,000,000 |
20.01 | Property | 1 | Summit 1, 2 | |||||||||||
20.02 | Property | 1 | Summit 3 | |||||||||||
21 | Loan | 10, 19, 20 | 1 | Hamilton Commons | NAP | NAP | Springing | Springing | No | No | Yes | No | 17,000,000 | 22,000,000 |
22 | Loan | 15, 19 | 1 | Church Ranch Corporate Center | NAP | NAP | Hard | Springing | Yes | No | No | NAP | NAP | NAP |
23 | Loan | 6, 12, 19 | 2 | Oak Ridge Office Park | NAP | NAP | Hard | Springing | Yes | Yes | Yes | Yes | 16,032,639 | 10,688,426 |
23.01 | Property | 1 | Oak Ridge Technical Center | |||||||||||
23.02 | Property | 1 | Oak Ridge Corporate Center | |||||||||||
24 | Loan | 2, 13, 19, 20, 23 | 1 | Kalamazoo Distribution Center | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP |
25 | Loan | 6 | 2 | Corpus Christi Portfolio | NAP | NAP | Hard | Springing | Yes | No | No | NAP | NAP | NAP |
25.01 | Property | 1 | The Staybridge Suites | |||||||||||
25.02 | Property | 1 | The Holiday Inn Express & Suites | |||||||||||
26 | Loan | 15, 19 | 1 | Rosedale & Soundview | NAP | NAP | Soft | Springing | Yes | Yes | No | NAP | NAP | NAP |
27 | Loan | 15 | 1 | Panther Lake Shopping Center | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP |
28 | Loan | 1 | Biotrial Medical Center | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP | |
29 | Loan | 1, 6, 12, 15, 19, 20, 23 | 6 | Moonwater Office Portfolio | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 13,000,000 | 103,000,000 |
29.01 | Property | 1 | 6543 Las Vegas Boulevard South | |||||||||||
29.02 | Property | 1 | 6226 West Sahara Avenue | |||||||||||
29.03 | Property | 1 | 10190 Covington Cross Drive | |||||||||||
29.04 | Property | 1 | 1450 Center Crossing Road | |||||||||||
29.05 | Property | 1 | 6551 Las Vegas Boulevard South | |||||||||||
29.06 | Property | 1 | 9901-9921 Covington Cross Drive | |||||||||||
30 | Loan | 15, 19 | 1 | Magnolia Square | NAP | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP |
31 | Loan | 15, 19, 28 | 1 | Nona Commons | NAP | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP |
32 | Loan | 16, 19 | 1 | Walgreens - St Paul | NAP | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP |
33 | Loan | 6 | 2 | Aragona Retail Portfolio | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
33.01 | Property | 1 | Macomb Centre Plaza | |||||||||||
33.02 | Property | 1 | River Park Plaza | |||||||||||
34 | Loan | 15 | 1 | Centennial Plaza | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP |
35 | Loan | 17 | 1 | Great American Self Storage | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
36 | Loan | 15, 19, 21 | 1 | South Valley Center | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP |
37 | Loan | 13, 19 | 1 | 127 8th Avenue Leased Fee | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
38 | Loan | 10, 30 | 1 | Go Store It Crossville | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
39 | Loan | 2, 3, 16, 19, 27 | 1 | 965-977 Frankford Avenue | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
40 | Loan | 16, 19 | 1 | Home2 Suites Bedford | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
41 | Loan | 13, 16, 32 | 1 | Edwards Landing Apartments | NAP | NAP | Soft | Springing | Yes | No | No | NAP | NAP | NAP |
42 | Loan | 1 | Holiday Inn Express - Memphis, TN | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | |
43 | Loan | 19 | 1 | Shops at The Domain | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
44 | Loan | 16, 30 | 1 | 275 Commerce | NAP | NAP | Hard | In Place | Yes | Yes | No | NAP | NAP | NAP |
45 | Loan | 11, 19 | 1 | CVS Pawtucket | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP |
46 | Loan | 5, 19 | 1 | Candlewood Suites Elgin | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
47 | Loan | 1 | Load and Lock Self Storage | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | |
48 | Loan | 15 | 1 | Hartsville Crossing | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP |
49 | Loan | 1 | Washington MHC Portfolio | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | |
50 | Loan | 20 | 1 | 5400-5450 W. Atlantic Blvd | NAP | NAP | Hard | Springing | Yes | No | No | NAP | NAP | NAP |
51 | Loan | 19 | 1 | Walgreens McDonough | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP |
52 | Loan | 16 | 1 | 701 Van Duzer Street | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP |
53 | Loan | 20 | 1 | Marymoor Self Storage | NAP | NAP | Springing | Springing | No | No | No | NAP | NAP | NAP |
54 | Loan | 1 | 28818 Cinco Ranch | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP | |
55 | Loan | 16 | 1 | The Storage Depot | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
56 | Loan | 19 | 1 | Walgreens Plainfield | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP |
57 | Loan | 16 | 1 | CVS Fourth Street | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP |
58 | Loan | 19 | 1 | Walgreens House Springs | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP |
59 | Loan | 1 | Inner Space Storage | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | |
60 | Loan | 2 | 1 | Lamplighter MHC | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
A-1-25 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Subordinate Companion Loan Cut-off Date Balance ($) | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) | Whole Loan Underwritten NCF DSCR (x) | Whole Loan Underwritten NOI Debt Yield (%) | Mezzanine Debt Cut-off Date Balance($) | Mezzanine Debt Interest Rate (%) | Total Debt Cut-off Date Balance ($) |
9 | 9 | 9 | 13 | |||||||||||||
1 | Loan | 6, 10,12 | 5 | Houston Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
1.01 | Property | 1 | Providence at Memorial | |||||||||||||
1.02 | Property | 1 | Diamond Hill | |||||||||||||
1.03 | Property | 1 | Casa Del Mar | |||||||||||||
1.04 | Property | 1 | Sedona Pointe | |||||||||||||
1.05 | Property | 1 | Buena Vista | |||||||||||||
2 | Loan | 1, 2, 3, 6, 12, 13, 14, 19 | 2 | Yorkshire & Lexington Towers | 649,835.19 | 816,788.89 | 221,500,000 | 3.04000% | 539,500,000 | 1,385,715.74 | 56.6% | 2.13 | 6.6% | 174,500,000 | 7.26626934143266% | 714,000,000 |
2.01 | Property | 1 | Yorkshire Towers | |||||||||||||
2.02 | Property | 1 | Lexington Towers | |||||||||||||
3 | Loan | 10, 13, 19, 21, 24 | 1 | 1888 Century Park East | 301,182.03 | 446,195.60 | NAP | NAP | 200,000,000 | 446,195.60 | 41.8% | 4.35 | 12.1% | NAP | NAP | NAP |
4 | Loan | 12, 15, 16, 19, 24 | 1 | 3075 Olcott | 331,795.13 | 611,881.94 | NAP | NAP | 142,000,000 | 611,881.94 | 59.2% | 1.66 | 8.6% | NAP | NAP | NAP |
5 | Loan | 12, 16, 24 | 1 | 70 Hudson Street | 194,180.00 | 323,633.33 | 76,950,000 | 3.19200% | 196,950,000 | 531,163.21 | 65.7% | 2.50 | 8.1% | NAP | NAP | NAP |
6 | Loan | 1, 6, 10, 12, 16, 30 | 34 | ExchangeRight Net Leased Portfolio #55 | 241,235.60 | 402,059.33 | NAP | NAP | 103,900,000 | 402,059.33 | 53.1% | 2.03 | 9.6% | NAP | NAP | NAP |
6.01 | Property | 1 | Walmart Neighborhood Market - Prairieville (Airline), LA | |||||||||||||
6.02 | Property | 1 | Pick N Save - Sun Prairie (Main), WI | |||||||||||||
6.03 | Property | 1 | Schnucks - Love's Park (Harlem), IL | |||||||||||||
6.04 | Property | 1 | Walmart Neighborhood Market - Thibodaux (Main), LA | |||||||||||||
6.05 | Property | 1 | Walmart Neighborhood Market - Houma (Park), LA | |||||||||||||
6.06 | Property | 1 | Publix - Decatur (Point), AL | |||||||||||||
6.07 | Property | 1 | PNC Bank - Clarendon Hills (Holmes), IL | |||||||||||||
6.08 | Property | 1 | Walmart Neighborhood Market - New Iberia (Parkview), LA | |||||||||||||
6.09 | Property | 1 | Walmart Neighborhood Market - Opelousas (Union), LA | |||||||||||||
6.10 | Property | 1 | Walmart Neighborhood Market - Meraux (Archbishop), LA | |||||||||||||
6.11 | Property | 1 | CVS Pharmacy - Auburn (Opelika), AL | |||||||||||||
6.12 | Property | 1 | Huntington Bank- Clarksburg (Pike), WV | |||||||||||||
6.13 | Property | 1 | CVS Pharmacy - Grand Rapids (Fuller), MI | |||||||||||||
6.14 | Property | 1 | O'Reilly Auto Parts - Madison (Commerce), WI | |||||||||||||
6.15 | Property | 1 | U.S. Bank - Northlake (North), IL | |||||||||||||
6.16 | Property | 1 | CVS - Tullahoma (Jackson), TN | |||||||||||||
6.17 | Property | 1 | 7-Eleven- La Grange (Ogden), IL | |||||||||||||
6.18 | Property | 1 | U.S. Bank - Elk Grove Village (Devon), IL | |||||||||||||
6.19 | Property | 1 | Sherwin Williams - Marysville (Fifth), OH | |||||||||||||
6.20 | Property | 1 | O'Reilly - Owensboro (Bold Forbes), KY | |||||||||||||
6.21 | Property | 1 | PNC Bank - Aurora (Galena), IL | |||||||||||||
6.22 | Property | 1 | NAPA Auto Parts - Downers Grove (Ogden), IL | |||||||||||||
6.23 | Property | 1 | Family Dollar - Cuyahoga Falls (Bailey), OH | |||||||||||||
6.24 | Property | 1 | Dollar General - Lewiston (Sabattus), ME | |||||||||||||
6.25 | Property | 1 | U.S. Bank - Niles (Dempster), IL | |||||||||||||
6.26 | Property | 1 | Dollar Tree - Des Plaines (Rand), IL | |||||||||||||
6.27 | Property | 1 | Dollar General - Odessa (University), TX | |||||||||||||
6.28 | Property | 1 | Dollar General - Weber City, (Hwy 23), VA | |||||||||||||
6.29 | Property | 1 | Dollar General- Springtown (Highway), TX | |||||||||||||
6.30 | Property | 1 | Sherwin Williams - Champaign (Marketview), IL | |||||||||||||
6.31 | Property | 1 | Dollar General - Holly (Saginaw), MI | |||||||||||||
6.32 | Property | 1 | Dollar General - Dyer (Sheffield), IN | |||||||||||||
6.33 | Property | 1 | Dollar General - Lubbock (University), TX | |||||||||||||
6.34 | Property | 1 | Citizens Bank - Wilmington (Marsh), DE | |||||||||||||
7 | Loan | 1, 12, 13, 15, 19, 27, 30 | 1 | Bell Works | 733,971.07 | 906,670.14 | NAP | NAP | 210,000,000 | 906,670.14 | 62.6% | 1.68 | 9.4% | NAP | NAP | NAP |
8 | Loan | 1, 5, 6, 12, 13, 19, 29 | 17 | ILPT Logistics Portfolio | 983,305.41 | 1,113,916.47 | 103,860,000 | 3.86465618% | 445,000,000 | 1,453,048.10 | 37.9% | 2.40 | 10.1% | 255,000,000 | 5.38089411764706% | 700,000,000 |
8.01 | Property | 1 | 4000 Principio Parkway | |||||||||||||
8.02 | Property | 1 | 2020 Joe B. Jackson Parkway | |||||||||||||
8.03 | Property | 1 | 1901 Meadowville Technology Parkway | |||||||||||||
8.04 | Property | 1 | 52 Pettengill Road | |||||||||||||
8.05 | Property | 1 | 510 John Dodd Road | |||||||||||||
8.06 | Property | 1 | 309 Dulty's Lane | |||||||||||||
8.07 | Property | 1 | 5300 Centerpoint Parkway | |||||||||||||
8.08 | Property | 1 | 17001 West Mercury Street | |||||||||||||
8.09 | Property | 1 | 725 Darlington Avenue | |||||||||||||
8.10 | Property | 1 | 10100 89th Avenue N | |||||||||||||
8.11 | Property | 1 | 7303 Rickenbacker Parkway West | |||||||||||||
8.12 | Property | 1 | 4836 Hickory Hill Road | |||||||||||||
8.13 | Property | 1 | 7000 West Post Road | |||||||||||||
8.14 | Property | 1 | 3201 Bearing Drive | |||||||||||||
8.15 | Property | 1 | 900 Commerce Parkway West Drive | |||||||||||||
8.16 | Property | 1 | 6825 West County Road 400 North | |||||||||||||
8.17 | Property | 1 | 951 Trails Road | |||||||||||||
9 | Loan | 6, 12, 13, 15, 19, 20, 24, 28 | 5 | Phoenix Industrial Portfolio VIII | 127,688.09 | 330,828.24 | NAP | NAP | 57,000,000 | 330,828.24 | 64.6% | 1.57 | 11.8% | NAP | NAP | NAP |
9.01 | Property | 1 | West Mifflin, PA | |||||||||||||
9.02 | Property | 1 | Church Hill, TN | |||||||||||||
9.03 | Property | 1 | Mossville, IL | |||||||||||||
9.04 | Property | 1 | Eldon, MO | |||||||||||||
9.05 | Property | 1 | Kingsport, TN | |||||||||||||
10 | Loan | 2, 4, 6, 16 | 8 | BVG Portfolio III | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
10.01 | Property | 1 | Trinidad RV & Emerald Forest RV & Campground | |||||||||||||
10.02 | Property | 1 | Hacienda RV Resort | |||||||||||||
10.03 | Property | 1 | Gardena MHC & Apts | |||||||||||||
10.04 | Property | 1 | Fairmont MHC | |||||||||||||
10.05 | Property | 1 | Gansett MHC | |||||||||||||
10.06 | Property | 1 | Elsinore Hills RV Park | |||||||||||||
10.07 | Property | 1 | Flying A MHC | |||||||||||||
10.08 | Property | 1 | Golden Arrow MHC | |||||||||||||
11 | Loan | 15, 19 | 1 | Perry Hall Centre and Perry Hall Square | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12 | Loan | 9, 10, 12, 16, 17, 19, 27, 32 | 1 | The Shoppes at Eagle Point | 56,153.08 | 224,612.32 | NAP | NAP | 39,955,388 | 224,612.32 | 57.1% | 1.39 | 9.9% | NAP | NAP | NAP |
13 | Loan | 11, 16 | 1 | Village at Mitchell Ranch | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | 1, 6, 12, 19 | 14 | Twin Spans Business Park and Delaware River Industrial Park | 339,183.85 | 425,521.56 | NAP | NAP | 138,000,000 | 425,521.56 | 61.5% | 2.23 | 8.7% | NAP | NAP | NAP |
14.01 | Property | 1 | 350 Anchor Mill Road |
A-1-26 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Subordinate Companion Loan Cut-off Date Balance ($) | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) | Whole Loan Underwritten NCF DSCR (x) | Whole Loan Underwritten NOI Debt Yield (%) | Mezzanine Debt Cut-off Date Balance($) | Mezzanine Debt Interest Rate (%) | Total Debt Cut-off Date Balance ($) |
9 | 9 | 9 | 13 | |||||||||||||
14.02 | Property | 1 | 301 Anchor Mill Road | |||||||||||||
14.03 | Property | 1 | 400 Ships Landing Way | |||||||||||||
14.04 | Property | 1 | 800 Ships Landing Way | |||||||||||||
14.05 | Property | 1 | 6 Dockview | |||||||||||||
14.06 | Property | 1 | 501 Ships Landing Way | |||||||||||||
14.07 | Property | 1 | 250 Anchor Mill Road | |||||||||||||
14.08 | Property | 1 | 10 Dockview Drive | |||||||||||||
14.09 | Property | 1 | 7 - 23 Harborview Drive | |||||||||||||
14.10 | Property | 1 | 200 Anchor Mill Road | |||||||||||||
14.11 | Property | 1 | 300 Anchor Mill Road | |||||||||||||
14.12 | Property | 1 | 27 - 55 Harborview Drive | |||||||||||||
14.13 | Property | 1 | 100 Ships Landing | |||||||||||||
14.14 | Property | 1 | 600 Ships Landing Way | |||||||||||||
15 | Loan | 6, 12 | 6 | Stockton Self Storage Portfolio | 76,391.93 | 212,806.08 | NAP | NAP | 38,959,947 | 212,806.08 | 49.1% | 1.60 | 10.7% | NAP | NAP | NAP |
15.01 | Property | 1 | Airport Road Self Storage | |||||||||||||
15.02 | Property | 1 | Morada Self Storage | |||||||||||||
15.03 | Property | 1 | Highway 88 Self Storage | |||||||||||||
15.04 | Property | 1 | Beckman Road Industrial | |||||||||||||
15.05 | Property | 1 | Highway 99 Self Storage | |||||||||||||
15.06 | Property | 1 | Eight Mile Road Self Storage | |||||||||||||
16 | Loan | 6, 7 | 2 | Deerfield and Courtyard Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
16.01 | Property | 1 | Deerfield Apartments | |||||||||||||
16.02 | Property | 1 | Courtyard Apartments | |||||||||||||
17 | Loan | 6, 10 | 3 | ABC Mini Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17.01 | Property | 1 | ABC Mini Storage - West | |||||||||||||
17.02 | Property | 1 | ABC Mini Storage - Valley | |||||||||||||
17.03 | Property | 1 | ABC Mini Storage - North | |||||||||||||
18 | Loan | 20, 23 | 1 | Sawmill Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19 | Loan | 10, 13, 19, 20 | 1 | 4S Ranch Village Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20 | Loan | 1, 6, 19, 23 | 2 | The Summit | 773,191.67 | 815,592.50 | 198,000,000 | 2.95200% | 525,000,000 | 1,309,437.50 | 58.6% | 2.56 | 7.8% | NAP | NAP | NAP |
20.01 | Property | 1 | Summit 1, 2 | |||||||||||||
20.02 | Property | 1 | Summit 3 | |||||||||||||
21 | Loan | 10, 19, 20 | 1 | Hamilton Commons | 59,481.48 | 105,444.44 | NAP | NAP | 39,000,000 | 105,444.44 | 59.5% | 3.91 | 14.2% | NAP | NAP | NAP |
22 | Loan | 15, 19 | 1 | Church Ranch Corporate Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
23 | Loan | 6, 12, 19 | 2 | Oak Ridge Office Park | 50,347.99 | 125,869.97 | NAP | NAP | 26,721,065 | 125,869.97 | 62.1% | 1.84 | 12.3% | NAP | NAP | NAP |
23.01 | Property | 1 | Oak Ridge Technical Center | |||||||||||||
23.02 | Property | 1 | Oak Ridge Corporate Center | |||||||||||||
24 | Loan | 2, 13, 19, 20, 23 | 1 | Kalamazoo Distribution Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 2,000,000 | 9.00000% | 16,800,000 |
25 | Loan | 6 | 2 | Corpus Christi Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
25.01 | Property | 1 | The Staybridge Suites | |||||||||||||
25.02 | Property | 1 | The Holiday Inn Express & Suites | |||||||||||||
26 | Loan | 15, 19 | 1 | Rosedale & Soundview | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27 | Loan | 15 | 1 | Panther Lake Shopping Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28 | Loan | 1 | Biotrial Medical Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29 | Loan | 1, 6, 12, 15, 19, 20, 23 | 6 | Moonwater Office Portfolio | 506,698.08 | 570,650.27 | NAP | NAP | 116,000,000 | 570,650.27 | 59.1% | 1.42 | 9.0% | NAP | NAP | NAP |
29.01 | Property | 1 | 6543 Las Vegas Boulevard South | |||||||||||||
29.02 | Property | 1 | 6226 West Sahara Avenue | |||||||||||||
29.03 | Property | 1 | 10190 Covington Cross Drive | |||||||||||||
29.04 | Property | 1 | 1450 Center Crossing Road | |||||||||||||
29.05 | Property | 1 | 6551 Las Vegas Boulevard South | |||||||||||||
29.06 | Property | 1 | 9901-9921 Covington Cross Drive | |||||||||||||
30 | Loan | 15, 19 | 1 | Magnolia Square | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | 15, 19, 28 | 1 | Nona Commons | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 16, 19 | 1 | Walgreens - St Paul | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33 | Loan | 6 | 2 | Aragona Retail Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33.01 | Property | 1 | Macomb Centre Plaza | |||||||||||||
33.02 | Property | 1 | River Park Plaza | |||||||||||||
34 | Loan | 15 | 1 | Centennial Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | 17 | 1 | Great American Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
36 | Loan | 15, 19, 21 | 1 | South Valley Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
37 | Loan | 13, 19 | 1 | 127 8th Avenue Leased Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
38 | Loan | 10, 30 | 1 | Go Store It Crossville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
39 | Loan | 2, 3, 16, 19, 27 | 1 | 965-977 Frankford Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
40 | Loan | 16, 19 | 1 | Home2 Suites Bedford | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
41 | Loan | 13, 16, 32 | 1 | Edwards Landing Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42 | Loan | 1 | Holiday Inn Express - Memphis, TN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
43 | Loan | 19 | 1 | Shops at The Domain | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
44 | Loan | 16, 30 | 1 | 275 Commerce | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
45 | Loan | 11, 19 | 1 | CVS Pawtucket | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
46 | Loan | 5, 19 | 1 | Candlewood Suites Elgin | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
47 | Loan | 1 | Load and Lock Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
48 | Loan | 15 | 1 | Hartsville Crossing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
49 | Loan | 1 | Washington MHC Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
50 | Loan | 20 | 1 | 5400-5450 W. Atlantic Blvd | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
51 | Loan | 19 | 1 | Walgreens McDonough | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
52 | Loan | 16 | 1 | 701 Van Duzer Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
53 | Loan | 20 | 1 | Marymoor Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
54 | Loan | 1 | 28818 Cinco Ranch | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
55 | Loan | 16 | 1 | The Storage Depot | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
56 | Loan | 19 | 1 | Walgreens Plainfield | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
57 | Loan | 16 | 1 | CVS Fourth Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
58 | Loan | 19 | 1 | Walgreens House Springs | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
59 | Loan | 1 | Inner Space Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
60 | Loan | 2 | 1 | Lamplighter MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-27 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Total Debt Monthly Debt Service ($) | Total Debt Cut-off Date LTV Ratio (%) | Total Debt Underwritten NCF DSCR (x) | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) | Future Debt Permitted Type | Sponsor |
9 | 13 | 13 | 13 | ||||||||
1 | Loan | 6, 10,12 | 5 | Houston Multifamily Portfolio | NAP | NAP | NAP | NAP | No | NAP | Donald J. Dougher, II and Donald J. Dougher, II, Trustee of the Third Amended and Restated Donald J. Dougher, II Living Trust of 2002, Dated July 11, 2022, As Amended |
1.01 | Property | 1 | Providence at Memorial | ||||||||
1.02 | Property | 1 | Diamond Hill | ||||||||
1.03 | Property | 1 | Casa Del Mar | ||||||||
1.04 | Property | 1 | Sedona Pointe | ||||||||
1.05 | Property | 1 | Buena Vista | ||||||||
2 | Loan | 1, 2, 3, 6, 12, 13, 14, 19 | 2 | Yorkshire & Lexington Towers | 2,457,027.92 | 74.8% | 1.20 | 5.0% | No | NAP | Meyer Chetrit and The Gluck Family Trust U/A/D July 16, 2009 |
2.01 | Property | 1 | Yorkshire Towers | ||||||||
2.02 | Property | 1 | Lexington Towers | ||||||||
3 | Loan | 10, 13, 19, 21, 24 | 1 | 1888 Century Park East | NAP | NAP | NAP | NAP | Yes | Future Mezzanine Loan | Fifth Street Properties, LLC |
4 | Loan | 12, 15, 16, 19, 24 | 1 | 3075 Olcott | NAP | NAP | NAP | NAP | No | NAP | MDY Properties, Inc. |
5 | Loan | 12, 16, 24 | 1 | 70 Hudson Street | NAP | NAP | NAP | NAP | No | NAP | NAP |
6 | Loan | 1, 6, 10, 12, 16, 30 | 34 | ExchangeRight Net Leased Portfolio #55 | NAP | NAP | NAP | NAP | No | NAP | ExchangeRight Real Estate, LLC |
6.01 | Property | 1 | Walmart Neighborhood Market - Prairieville (Airline), LA | ||||||||
6.02 | Property | 1 | Pick N Save - Sun Prairie (Main), WI | ||||||||
6.03 | Property | 1 | Schnucks - Love's Park (Harlem), IL | ||||||||
6.04 | Property | 1 | Walmart Neighborhood Market - Thibodaux (Main), LA | ||||||||
6.05 | Property | 1 | Walmart Neighborhood Market - Houma (Park), LA | ||||||||
6.06 | Property | 1 | Publix - Decatur (Point), AL | ||||||||
6.07 | Property | 1 | PNC Bank - Clarendon Hills (Holmes), IL | ||||||||
6.08 | Property | 1 | Walmart Neighborhood Market - New Iberia (Parkview), LA | ||||||||
6.09 | Property | 1 | Walmart Neighborhood Market - Opelousas (Union), LA | ||||||||
6.10 | Property | 1 | Walmart Neighborhood Market - Meraux (Archbishop), LA | ||||||||
6.11 | Property | 1 | CVS Pharmacy - Auburn (Opelika), AL | ||||||||
6.12 | Property | 1 | Huntington Bank- Clarksburg (Pike), WV | ||||||||
6.13 | Property | 1 | CVS Pharmacy - Grand Rapids (Fuller), MI | ||||||||
6.14 | Property | 1 | O'Reilly Auto Parts - Madison (Commerce), WI | ||||||||
6.15 | Property | 1 | U.S. Bank - Northlake (North), IL | ||||||||
6.16 | Property | 1 | CVS - Tullahoma (Jackson), TN | ||||||||
6.17 | Property | 1 | 7-Eleven- La Grange (Ogden), IL | ||||||||
6.18 | Property | 1 | U.S. Bank - Elk Grove Village (Devon), IL | ||||||||
6.19 | Property | 1 | Sherwin Williams - Marysville (Fifth), OH | ||||||||
6.20 | Property | 1 | O'Reilly - Owensboro (Bold Forbes), KY | ||||||||
6.21 | Property | 1 | PNC Bank - Aurora (Galena), IL | ||||||||
6.22 | Property | 1 | NAPA Auto Parts - Downers Grove (Ogden), IL | ||||||||
6.23 | Property | 1 | Family Dollar - Cuyahoga Falls (Bailey), OH | ||||||||
6.24 | Property | 1 | Dollar General - Lewiston (Sabattus), ME | ||||||||
6.25 | Property | 1 | U.S. Bank - Niles (Dempster), IL | ||||||||
6.26 | Property | 1 | Dollar Tree - Des Plaines (Rand), IL | ||||||||
6.27 | Property | 1 | Dollar General - Odessa (University), TX | ||||||||
6.28 | Property | 1 | Dollar General - Weber City, (Hwy 23), VA | ||||||||
6.29 | Property | 1 | Dollar General- Springtown (Highway), TX | ||||||||
6.30 | Property | 1 | Sherwin Williams - Champaign (Marketview), IL | ||||||||
6.31 | Property | 1 | Dollar General - Holly (Saginaw), MI | ||||||||
6.32 | Property | 1 | Dollar General - Dyer (Sheffield), IN | ||||||||
6.33 | Property | 1 | Dollar General - Lubbock (University), TX | ||||||||
6.34 | Property | 1 | Citizens Bank - Wilmington (Marsh), DE | ||||||||
7 | Loan | 1, 12, 13, 15, 19, 27, 30 | 1 | Bell Works | NAP | NAP | NAP | NAP | No | NAP | Ralph Zucker and Jozef Straus |
8 | Loan | 1, 5, 6, 12, 13, 19, 29 | 17 | ILPT Logistics Portfolio | 2,612,369.21 | 59.6% | 1.33 | 6.4% | No | NAP | Industrial Logistics Properties Trust |
8.01 | Property | 1 | 4000 Principio Parkway | ||||||||
8.02 | Property | 1 | 2020 Joe B. Jackson Parkway | ||||||||
8.03 | Property | 1 | 1901 Meadowville Technology Parkway | ||||||||
8.04 | Property | 1 | 52 Pettengill Road | ||||||||
8.05 | Property | 1 | 510 John Dodd Road | ||||||||
8.06 | Property | 1 | 309 Dulty's Lane | ||||||||
8.07 | Property | 1 | 5300 Centerpoint Parkway | ||||||||
8.08 | Property | 1 | 17001 West Mercury Street | ||||||||
8.09 | Property | 1 | 725 Darlington Avenue | ||||||||
8.10 | Property | 1 | 10100 89th Avenue N | ||||||||
8.11 | Property | 1 | 7303 Rickenbacker Parkway West | ||||||||
8.12 | Property | 1 | 4836 Hickory Hill Road | ||||||||
8.13 | Property | 1 | 7000 West Post Road | ||||||||
8.14 | Property | 1 | 3201 Bearing Drive | ||||||||
8.15 | Property | 1 | 900 Commerce Parkway West Drive | ||||||||
8.16 | Property | 1 | 6825 West County Road 400 North | ||||||||
8.17 | Property | 1 | 951 Trails Road | ||||||||
9 | Loan | 6, 12, 13, 15, 19, 20, 24, 28 | 5 | Phoenix Industrial Portfolio VIII | NAP | NAP | NAP | NAP | Yes | Future Mezzanine Loan | Phoenix Investors |
9.01 | Property | 1 | West Mifflin, PA | ||||||||
9.02 | Property | 1 | Church Hill, TN | ||||||||
9.03 | Property | 1 | Mossville, IL | ||||||||
9.04 | Property | 1 | Eldon, MO | ||||||||
9.05 | Property | 1 | Kingsport, TN | ||||||||
10 | Loan | 2, 4, 6, 16 | 8 | BVG Portfolio III | NAP | NAP | NAP | NAP | No | NAP | Elias Weiner |
10.01 | Property | 1 | Trinidad RV & Emerald Forest RV & Campground | ||||||||
10.02 | Property | 1 | Hacienda RV Resort | ||||||||
10.03 | Property | 1 | Gardena MHC & Apts | ||||||||
10.04 | Property | 1 | Fairmont MHC | ||||||||
10.05 | Property | 1 | Gansett MHC | ||||||||
10.06 | Property | 1 | Elsinore Hills RV Park | ||||||||
10.07 | Property | 1 | Flying A MHC | ||||||||
10.08 | Property | 1 | Golden Arrow MHC | ||||||||
11 | Loan | 15, 19 | 1 | Perry Hall Centre and Perry Hall Square | NAP | NAP | NAP | NAP | No | NAP | Robert V. Gothier, Jr. and Mark X. DiSanto |
12 | Loan | 9, 10, 12, 16, 17, 19, 27, 32 | 1 | The Shoppes at Eagle Point | NAP | NAP | NAP | NAP | No | NAP | CBL & Associates Limited Partnership |
13 | Loan | 11, 16 | 1 | Village at Mitchell Ranch | NAP | NAP | NAP | NAP | No | NAP | Robert A. Davidsohn |
14 | Loan | 1, 6, 12, 19 | 14 | Twin Spans Business Park and Delaware River Industrial Park | NAP | NAP | NAP | NAP | No | NAP | E. Thomas Harvey, III, E. Thomas Harvey III Revocable Trust U/A/D April 19, 1990, As Amended, JWH 2017 Delaware Trust, JVWH 2017 Delaware Trust, ETH 2017 Delaware Trust and TJH 2017 Delaware Trust |
14.01 | Property | 1 | 350 Anchor Mill Road |
A-1-28 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Total Debt Monthly Debt Service ($) | Total Debt Cut-off Date LTV Ratio (%) | Total Debt Underwritten NCF DSCR (x) | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) | Future Debt Permitted Type | Sponsor |
9 | 13 | 13 | 13 | ||||||||
14.02 | Property | 1 | 301 Anchor Mill Road | ||||||||
14.03 | Property | 1 | 400 Ships Landing Way | ||||||||
14.04 | Property | 1 | 800 Ships Landing Way | ||||||||
14.05 | Property | 1 | 6 Dockview | ||||||||
14.06 | Property | 1 | 501 Ships Landing Way | ||||||||
14.07 | Property | 1 | 250 Anchor Mill Road | ||||||||
14.08 | Property | 1 | 10 Dockview Drive | ||||||||
14.09 | Property | 1 | 7 - 23 Harborview Drive | ||||||||
14.10 | Property | 1 | 200 Anchor Mill Road | ||||||||
14.11 | Property | 1 | 300 Anchor Mill Road | ||||||||
14.12 | Property | 1 | 27 - 55 Harborview Drive | ||||||||
14.13 | Property | 1 | 100 Ships Landing | ||||||||
14.14 | Property | 1 | 600 Ships Landing Way | ||||||||
15 | Loan | 6, 12 | 6 | Stockton Self Storage Portfolio | NAP | NAP | NAP | NAP | No | NAP | Steven L. Diede |
15.01 | Property | 1 | Airport Road Self Storage | ||||||||
15.02 | Property | 1 | Morada Self Storage | ||||||||
15.03 | Property | 1 | Highway 88 Self Storage | ||||||||
15.04 | Property | 1 | Beckman Road Industrial | ||||||||
15.05 | Property | 1 | Highway 99 Self Storage | ||||||||
15.06 | Property | 1 | Eight Mile Road Self Storage | ||||||||
16 | Loan | 6, 7 | 2 | Deerfield and Courtyard Apartments | NAP | NAP | NAP | NAP | No | NAP | Gary W. Gates, Jr. |
16.01 | Property | 1 | Deerfield Apartments | ||||||||
16.02 | Property | 1 | Courtyard Apartments | ||||||||
17 | Loan | 6, 10 | 3 | ABC Mini Storage Portfolio | NAP | NAP | NAP | NAP | No | NAP | Joseph F. Daley |
17.01 | Property | 1 | ABC Mini Storage - West | ||||||||
17.02 | Property | 1 | ABC Mini Storage - Valley | ||||||||
17.03 | Property | 1 | ABC Mini Storage - North | ||||||||
18 | Loan | 20, 23 | 1 | Sawmill Plaza | NAP | NAP | NAP | NAP | No | NAP | Daxaben Patel and Bharatbhai Patel |
19 | Loan | 10, 13, 19, 20 | 1 | 4S Ranch Village Center | NAP | NAP | NAP | NAP | Yes | Future Mezzanine Loan | Robert F. Buie, Robert F. Buie, as trustee of the Robert F. Buie and Pamela I. Buie Declaration of Trust Dated December 15, 1999 as Restated by the Robert F. Buie and Pamela I. Buie Family Trust Under Restatement of Trust Dated December 22, 2005 and D.W.O. Enterprises, Inc. |
20 | Loan | 1, 6, 19, 23 | 2 | The Summit | NAP | NAP | NAP | NAP | No | NAP | KKR Property Partners Americas (EEA) SCSp and KKR Property Partners Americas L.P. |
20.01 | Property | 1 | Summit 1, 2 | ||||||||
20.02 | Property | 1 | Summit 3 | ||||||||
21 | Loan | 10, 19, 20 | 1 | Hamilton Commons | NAP | NAP | NAP | NAP | No | NAP | Francis Greenburger |
22 | Loan | 15, 19 | 1 | Church Ranch Corporate Center | NAP | NAP | NAP | NAP | No | NAP | Ken Crockett, Mark Koehler and Bryan Wrigley |
23 | Loan | 6, 12, 19 | 2 | Oak Ridge Office Park | NAP | NAP | NAP | NAP | No | NAP | John C. Harvey and Edward J. Sussi |
23.01 | Property | 1 | Oak Ridge Technical Center | ||||||||
23.02 | Property | 1 | Oak Ridge Corporate Center | ||||||||
24 | Loan | 2, 13, 19, 20, 23 | 1 | Kalamazoo Distribution Center | 84,172.61 | 72.4% | 1.38 | 8.9% | No | NAP | J.C.A. Gift Trust, dated July 9, 1992 |
25 | Loan | 6 | 2 | Corpus Christi Portfolio | NAP | NAP | NAP | NAP | No | NAP | Sanjeev Amin and Rupesh Amin |
25.01 | Property | 1 | The Staybridge Suites | ||||||||
25.02 | Property | 1 | The Holiday Inn Express & Suites | ||||||||
26 | Loan | 15, 19 | 1 | Rosedale & Soundview | NAP | NAP | NAP | NAP | No | NAP | Harriet R. Shanus 2009 Family Trust FBO Corey Shanus, Harriet R. Shanus 2009 Family Trust FBO Sarene Shanus and Corey R. Shanus |
27 | Loan | 15 | 1 | Panther Lake Shopping Center | NAP | NAP | NAP | NAP | No | NAP | I. Jay Kerner |
28 | Loan | 1 | Biotrial Medical Center | NAP | NAP | NAP | NAP | No | NAP | Biotrial, Inc. and Biotrial Research, S.A.S | |
29 | Loan | 1, 6, 12, 15, 19, 20, 23 | 6 | Moonwater Office Portfolio | NAP | NAP | NAP | NAP | No | NAP | Ofir Hagay, Ryan Tedder and Keith Kantrowitz |
29.01 | Property | 1 | 6543 Las Vegas Boulevard South | ||||||||
29.02 | Property | 1 | 6226 West Sahara Avenue | ||||||||
29.03 | Property | 1 | 10190 Covington Cross Drive | ||||||||
29.04 | Property | 1 | 1450 Center Crossing Road | ||||||||
29.05 | Property | 1 | 6551 Las Vegas Boulevard South | ||||||||
29.06 | Property | 1 | 9901-9921 Covington Cross Drive | ||||||||
30 | Loan | 15, 19 | 1 | Magnolia Square | NAP | NAP | NAP | NAP | No | NAP | Clarke M. Williams, III and Donald M. Jarreau, Jr. |
31 | Loan | 15, 19, 28 | 1 | Nona Commons | NAP | NAP | NAP | NAP | No | NAP | Lexin Capital LLC |
32 | Loan | 16, 19 | 1 | Walgreens - St Paul | NAP | NAP | NAP | NAP | No | NAP | Mark Jaffe |
33 | Loan | 6 | 2 | Aragona Retail Portfolio | NAP | NAP | NAP | NAP | No | NAP | Aragona Properties LLC and Holiday Enterprises LLC |
33.01 | Property | 1 | Macomb Centre Plaza | ||||||||
33.02 | Property | 1 | River Park Plaza | ||||||||
34 | Loan | 15 | 1 | Centennial Plaza | NAP | NAP | NAP | NAP | No | NAP | Eron Sodie and Isaac Pretter |
35 | Loan | 17 | 1 | Great American Self Storage | NAP | NAP | NAP | NAP | No | NAP | David L. Baron and David Gandolfo |
36 | Loan | 15, 19, 21 | 1 | South Valley Center | NAP | NAP | NAP | NAP | No | NAP | Rodney A. Mitchell |
37 | Loan | 13, 19 | 1 | 127 8th Avenue Leased Fee | NAP | NAP | NAP | NAP | Yes | Future Mezzanine Loan | Vincent J. Ponte |
38 | Loan | 10, 30 | 1 | Go Store It Crossville | NAP | NAP | NAP | NAP | No | NAP | Ryan L. Hanks |
39 | Loan | 2, 3, 16, 19, 27 | 1 | 965-977 Frankford Avenue | NAP | NAP | NAP | NAP | No | NAP | Paul Horos and Craig Elkind |
40 | Loan | 16, 19 | 1 | Home2 Suites Bedford | NAP | NAP | NAP | NAP | No | NAP | Heeten Masters, Atul Masters and Ketan Masters |
41 | Loan | 13, 16, 32 | 1 | Edwards Landing Apartments | NAP | NAP | NAP | NAP | Yes | Future Mezzanine Loan | Gregg R. Wexler |
42 | Loan | 1 | Holiday Inn Express - Memphis, TN | NAP | NAP | NAP | NAP | No | NAP | Sukhdev Thind | |
43 | Loan | 19 | 1 | Shops at The Domain | NAP | NAP | NAP | NAP | No | NAP | Joseph D. Goveia and Bruce M. Kahl, Jr. |
44 | Loan | 16, 30 | 1 | 275 Commerce | NAP | NAP | NAP | NAP | No | NAP | Yaakov Prager |
45 | Loan | 11, 19 | 1 | CVS Pawtucket | NAP | NAP | NAP | NAP | No | NAP | Matthew E. Diener and Julianne Diener |
46 | Loan | 5, 19 | 1 | Candlewood Suites Elgin | NAP | NAP | NAP | NAP | No | NAP | Mahendra A. Yogina |
47 | Loan | 1 | Load and Lock Self Storage | NAP | NAP | NAP | NAP | No | NAP | George Thacker, Lawrence Charles Kaplan and Richard Schontz | |
48 | Loan | 15 | 1 | Hartsville Crossing | NAP | NAP | NAP | NAP | No | NAP | Thomas F. Hahn, Jr. |
49 | Loan | 1 | Washington MHC Portfolio | NAP | NAP | NAP | NAP | No | NAP | Benjamin W. Shoval | |
50 | Loan | 20 | 1 | 5400-5450 W. Atlantic Blvd | NAP | NAP | NAP | NAP | No | NAP | Andrew Perkins |
51 | Loan | 19 | 1 | Walgreens McDonough | NAP | NAP | NAP | NAP | No | NAP | Brian Kabateck, Roxanne Hampton and Kabateck/Hampton Living Trust, dated February 22, 2006 |
52 | Loan | 16 | 1 | 701 Van Duzer Street | NAP | NAP | NAP | NAP | No | NAP | David Banda and Chaim Landau |
53 | Loan | 20 | 1 | Marymoor Self Storage | NAP | NAP | NAP | NAP | No | NAP | Stephen H. Garrison, Wayne David Ristig, Luke 19:10 Trust and Ristig Family Trust |
54 | Loan | 1 | 28818 Cinco Ranch | NAP | NAP | NAP | NAP | No | NAP | Richard Neil Rainer and Clayton Lee McDaniel | |
55 | Loan | 16 | 1 | The Storage Depot | NAP | NAP | NAP | NAP | No | NAP | Jason Lami and Samir Mistry |
56 | Loan | 19 | 1 | Walgreens Plainfield | NAP | NAP | NAP | NAP | No | NAP | Brian Kabateck, Roxanne Hampton and Kabateck/Hampton Living Trust, dated February 22, 2006 |
57 | Loan | 16 | 1 | CVS Fourth Street | NAP | NAP | NAP | NAP | No | NAP | Dennis Townsend |
58 | Loan | 19 | 1 | Walgreens House Springs | NAP | NAP | NAP | NAP | No | NAP | Brian Kabateck, Roxanne Hampton and Kabateck/Hampton Living Trust, dated February 22, 2006 |
59 | Loan | 1 | Inner Space Storage | NAP | NAP | NAP | NAP | No | NAP | George Thacker, Lawrence Charles Kaplan and Richard Schontz | |
60 | Loan | 2 | 1 | Lamplighter MHC | NAP | NAP | NAP | NAP | No | NAP | Richard R. Nelson III and John C. Duffie |
A-1-29 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Non-Recourse Carveout Guarantor | Delaware Statutory Trust (Y/N) | Tenants-in-common (Y/N) | Loan Purpose | Property Located Within a Qualified Opportunity Zone (Y/N) | Sources: Loan Amount ($) | Sources: Principal's New Cash Contribution ($) | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) |
24 | 31 | |||||||||||||
1 | Loan | 6, 10,12 | 5 | Houston Multifamily Portfolio | Donald J. Dougher, II and Donald J. Dougher, II, Trustee of the Third Amended and Restated Donald J. Dougher, II Living Trust of 2002, Dated July 11, 2022, As Amended | No | No | Acquisition | 76,000,000 | 95,023,800 | 0 | 0 | 171,023,800 | |
1.01 | Property | 1 | Providence at Memorial | No | ||||||||||
1.02 | Property | 1 | Diamond Hill | No | ||||||||||
1.03 | Property | 1 | Casa Del Mar | No | ||||||||||
1.04 | Property | 1 | Sedona Pointe | No | ||||||||||
1.05 | Property | 1 | Buena Vista | No | ||||||||||
2 | Loan | 1, 2, 3, 6, 12, 13, 14, 19 | 2 | Yorkshire & Lexington Towers | Meyer Chetrit and The Gluck Family Trust U/A/D July 16, 2009 | No | Yes | Refinance | 318,000,000 | 0 | 396,000,000 | 0 | 714,000,000 | |
2.01 | Property | 1 | Yorkshire Towers | No | ||||||||||
2.02 | Property | 1 | Lexington Towers | No | ||||||||||
3 | Loan | 10, 13, 19, 21, 24 | 1 | 1888 Century Park East | NAP | No | No | Recapitalization | No | 200,000,000 | 0 | 0 | 0 | 200,000,000 |
4 | Loan | 12, 15, 16, 19, 24 | 1 | 3075 Olcott | NAP | No | No | Refinance | No | 142,000,000 | 29,137,619 | 0 | 0 | 171,137,619 |
5 | Loan | 12, 16, 24 | 1 | 70 Hudson Street | NAP | No | No | Acquisition | No | 120,000,000 | 111,520,984 | 76,950,000 | 0 | 308,470,984 |
6 | Loan | 1, 6, 10, 12, 16, 30 | 34 | ExchangeRight Net Leased Portfolio #55 | ExchangeRight Real Estate, LLC, David Fisher, Joshua Ungerecht and Warren Thomas | Yes | No | Acquisition | 103,900,000 | 100,606,605 | 0 | 0 | 204,506,605 | |
6.01 | Property | 1 | Walmart Neighborhood Market - Prairieville (Airline), LA | No | ||||||||||
6.02 | Property | 1 | Pick N Save - Sun Prairie (Main), WI | No | ||||||||||
6.03 | Property | 1 | Schnucks - Love's Park (Harlem), IL | No | ||||||||||
6.04 | Property | 1 | Walmart Neighborhood Market - Thibodaux (Main), LA | No | ||||||||||
6.05 | Property | 1 | Walmart Neighborhood Market - Houma (Park), LA | No | ||||||||||
6.06 | Property | 1 | Publix - Decatur (Point), AL | No | ||||||||||
6.07 | Property | 1 | PNC Bank - Clarendon Hills (Holmes), IL | No | ||||||||||
6.08 | Property | 1 | Walmart Neighborhood Market - New Iberia (Parkview), LA | No | ||||||||||
6.09 | Property | 1 | Walmart Neighborhood Market - Opelousas (Union), LA | No | ||||||||||
6.10 | Property | 1 | Walmart Neighborhood Market - Meraux (Archbishop), LA | No | ||||||||||
6.11 | Property | 1 | CVS Pharmacy - Auburn (Opelika), AL | No | ||||||||||
6.12 | Property | 1 | Huntington Bank- Clarksburg (Pike), WV | No | ||||||||||
6.13 | Property | 1 | CVS Pharmacy - Grand Rapids (Fuller), MI | No | ||||||||||
6.14 | Property | 1 | O'Reilly Auto Parts - Madison (Commerce), WI | No | ||||||||||
6.15 | Property | 1 | U.S. Bank - Northlake (North), IL | No | ||||||||||
6.16 | Property | 1 | CVS - Tullahoma (Jackson), TN | No | ||||||||||
6.17 | Property | 1 | 7-Eleven- La Grange (Ogden), IL | No | ||||||||||
6.18 | Property | 1 | U.S. Bank - Elk Grove Village (Devon), IL | No | ||||||||||
6.19 | Property | 1 | Sherwin Williams - Marysville (Fifth), OH | No | ||||||||||
6.20 | Property | 1 | O'Reilly - Owensboro (Bold Forbes), KY | No | ||||||||||
6.21 | Property | 1 | PNC Bank - Aurora (Galena), IL | No | ||||||||||
6.22 | Property | 1 | NAPA Auto Parts - Downers Grove (Ogden), IL | No | ||||||||||
6.23 | Property | 1 | Family Dollar - Cuyahoga Falls (Bailey), OH | No | ||||||||||
6.24 | Property | 1 | Dollar General - Lewiston (Sabattus), ME | No | ||||||||||
6.25 | Property | 1 | U.S. Bank - Niles (Dempster), IL | No | ||||||||||
6.26 | Property | 1 | Dollar Tree - Des Plaines (Rand), IL | No | ||||||||||
6.27 | Property | 1 | Dollar General - Odessa (University), TX | No | ||||||||||
6.28 | Property | 1 | Dollar General - Weber City, (Hwy 23), VA | No | ||||||||||
6.29 | Property | 1 | Dollar General- Springtown (Highway), TX | No | ||||||||||
6.30 | Property | 1 | Sherwin Williams - Champaign (Marketview), IL | No | ||||||||||
6.31 | Property | 1 | Dollar General - Holly (Saginaw), MI | No | ||||||||||
6.32 | Property | 1 | Dollar General - Dyer (Sheffield), IN | No | ||||||||||
6.33 | Property | 1 | Dollar General - Lubbock (University), TX | No | ||||||||||
6.34 | Property | 1 | Citizens Bank - Wilmington (Marsh), DE | No | ||||||||||
7 | Loan | 1, 12, 13, 15, 19, 27, 30 | 1 | Bell Works | Ralph Zucker and Jozef Straus | No | No | Refinance | No | 210,000,000 | 0 | 0 | 0 | 210,000,000 |
8 | Loan | 1, 5, 6, 12, 13, 19, 29 | 17 | ILPT Logistics Portfolio | Industrial Logistics Properties Trust | No | No | Recapitalization | 341,140,000 | 0 | 358,860,000 | 0 | 700,000,000 | |
8.01 | Property | 1 | 4000 Principio Parkway | No | ||||||||||
8.02 | Property | 1 | 2020 Joe B. Jackson Parkway | No | ||||||||||
8.03 | Property | 1 | 1901 Meadowville Technology Parkway | No | ||||||||||
8.04 | Property | 1 | 52 Pettengill Road | No | ||||||||||
8.05 | Property | 1 | 510 John Dodd Road | No | ||||||||||
8.06 | Property | 1 | 309 Dulty's Lane | No | ||||||||||
8.07 | Property | 1 | 5300 Centerpoint Parkway | No | ||||||||||
8.08 | Property | 1 | 17001 West Mercury Street | No | ||||||||||
8.09 | Property | 1 | 725 Darlington Avenue | No | ||||||||||
8.10 | Property | 1 | 10100 89th Avenue N | No | ||||||||||
8.11 | Property | 1 | 7303 Rickenbacker Parkway West | No | ||||||||||
8.12 | Property | 1 | 4836 Hickory Hill Road | No | ||||||||||
8.13 | Property | 1 | 7000 West Post Road | No | ||||||||||
8.14 | Property | 1 | 3201 Bearing Drive | No | ||||||||||
8.15 | Property | 1 | 900 Commerce Parkway West Drive | No | ||||||||||
8.16 | Property | 1 | 6825 West County Road 400 North | No | ||||||||||
8.17 | Property | 1 | 951 Trails Road | No | ||||||||||
9 | Loan | 6, 12, 13, 15, 19, 20, 24, 28 | 5 | Phoenix Industrial Portfolio VIII | Irrevocable Children's Trust dated 7/22/91 and Irrevocable Children's Trust No. 2 dated 7/22/91 | No | No | Refinance | 57,000,000 | 0 | 0 | 0 | 57,000,000 | |
9.01 | Property | 1 | West Mifflin, PA | No | ||||||||||
9.02 | Property | 1 | Church Hill, TN | No | ||||||||||
9.03 | Property | 1 | Mossville, IL | No | ||||||||||
9.04 | Property | 1 | Eldon, MO | No | ||||||||||
9.05 | Property | 1 | Kingsport, TN | No | ||||||||||
10 | Loan | 2, 4, 6, 16 | 8 | BVG Portfolio III | Elias Weiner | No | No | Refinance | 34,000,000 | 0 | 0 | 0 | 34,000,000 | |
10.01 | Property | 1 | Trinidad RV & Emerald Forest RV & Campground | No | ||||||||||
10.02 | Property | 1 | Hacienda RV Resort | No | ||||||||||
10.03 | Property | 1 | Gardena MHC & Apts | No | ||||||||||
10.04 | Property | 1 | Fairmont MHC | No | ||||||||||
10.05 | Property | 1 | Gansett MHC | No | ||||||||||
10.06 | Property | 1 | Elsinore Hills RV Park | No | ||||||||||
10.07 | Property | 1 | Flying A MHC | No | ||||||||||
10.08 | Property | 1 | Golden Arrow MHC | No | ||||||||||
11 | Loan | 15, 19 | 1 | Perry Hall Centre and Perry Hall Square | Robert V. Gothier, Jr. and Mark X. DiSanto | No | No | Acquisition | No | 30,130,000 | 20,617,579 | 0 | 0 | 50,747,579 |
12 | Loan | 9, 10, 12, 16, 17, 19, 27, 32 | 1 | The Shoppes at Eagle Point | CBL & Associates Limited Partnership | No | No | Refinance | No | 40,000,000 | 0 | 0 | 0 | 40,000,000 |
13 | Loan | 11, 16 | 1 | Village at Mitchell Ranch | Robert A. Davidsohn | No | No | Acquisition | No | 28,500,000 | 41,411,732 | 0 | 0 | 69,911,732 |
14 | Loan | 1, 6, 12, 19 | 14 | Twin Spans Business Park and Delaware River Industrial Park | E. Thomas Harvey, III, E. Thomas Harvey III Revocable Trust U/A/D April 19, 1990, As Amended, JWH 2017 Delaware Trust, JVWH 2017 Delaware Trust, ETH 2017 Delaware Trust and TJH 2017 Delaware Trust | No | No | Refinance | 138,000,000 | 0 | 0 | 0 | 138,000,000 | |
14.01 | Property | 1 | 350 Anchor Mill Road | No |
A-1-30 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Non-Recourse Carveout Guarantor | Delaware Statutory Trust (Y/N) | Tenants-in-common (Y/N) | Loan Purpose | Property Located Within a Qualified Opportunity Zone (Y/N) | Sources: Loan Amount ($) | Sources: Principal's New Cash Contribution ($) | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) |
24 | 31 | |||||||||||||
14.02 | Property | 1 | 301 Anchor Mill Road | No | ||||||||||
14.03 | Property | 1 | 400 Ships Landing Way | No | ||||||||||
14.04 | Property | 1 | 800 Ships Landing Way | No | ||||||||||
14.05 | Property | 1 | 6 Dockview | No | ||||||||||
14.06 | Property | 1 | 501 Ships Landing Way | No | ||||||||||
14.07 | Property | 1 | 250 Anchor Mill Road | No | ||||||||||
14.08 | Property | 1 | 10 Dockview Drive | No | ||||||||||
14.09 | Property | 1 | 7 - 23 Harborview Drive | No | ||||||||||
14.10 | Property | 1 | 200 Anchor Mill Road | No | ||||||||||
14.11 | Property | 1 | 300 Anchor Mill Road | No | ||||||||||
14.12 | Property | 1 | 27 - 55 Harborview Drive | No | ||||||||||
14.13 | Property | 1 | 100 Ships Landing | No | ||||||||||
14.14 | Property | 1 | 600 Ships Landing Way | No | ||||||||||
15 | Loan | 6, 12 | 6 | Stockton Self Storage Portfolio | Steven L. Diede | No | No | Refinance | 39,000,000 | 0 | 0 | 0 | 39,000,000 | |
15.01 | Property | 1 | Airport Road Self Storage | No | ||||||||||
15.02 | Property | 1 | Morada Self Storage | No | ||||||||||
15.03 | Property | 1 | Highway 88 Self Storage | No | ||||||||||
15.04 | Property | 1 | Beckman Road Industrial | No | ||||||||||
15.05 | Property | 1 | Highway 99 Self Storage | No | ||||||||||
15.06 | Property | 1 | Eight Mile Road Self Storage | No | ||||||||||
16 | Loan | 6, 7 | 2 | Deerfield and Courtyard Apartments | Gary W. Gates, Jr. | No | No | Refinance | ||||||
16.01 | Property | 1 | Deerfield Apartments | No | ||||||||||
16.02 | Property | 1 | Courtyard Apartments | No | ||||||||||
17 | Loan | 6, 10 | 3 | ABC Mini Storage Portfolio | Joseph F. Daley | No | No | Refinance | ||||||
17.01 | Property | 1 | ABC Mini Storage - West | No | ||||||||||
17.02 | Property | 1 | ABC Mini Storage - Valley | No | ||||||||||
17.03 | Property | 1 | ABC Mini Storage - North | No | ||||||||||
18 | Loan | 20, 23 | 1 | Sawmill Plaza | Daxaben Patel and Bharatbhai Patel | No | No | Acquisition | No | |||||
19 | Loan | 10, 13, 19, 20 | 1 | 4S Ranch Village Center | Robert F. Buie, Robert F. Buie, as trustee of the Robert F. Buie and Pamela I. Buie Declaration of Trust Dated December 15, 1999 as Restated by the Robert F. Buie and Pamela I. Buie Family Trust Under Restatement of Trust Dated December 22, 2005 and D.W.O. Enterprises, Inc. | No | No | Refinance | No | |||||
20 | Loan | 1, 6, 19, 23 | 2 | The Summit | KKR Property Partners Americas (EEA) SCSp and KKR Property Partners Americas L.P. | No | No | Refinance | ||||||
20.01 | Property | 1 | Summit 1, 2 | No | ||||||||||
20.02 | Property | 1 | Summit 3 | No | ||||||||||
21 | Loan | 10, 19, 20 | 1 | Hamilton Commons | Francis Greenburger | No | Yes | Acquisition | No | |||||
22 | Loan | 15, 19 | 1 | Church Ranch Corporate Center | Ken Crockett, Mark Koehler and Bryan Wrigley | No | Yes | Acquisition | No | |||||
23 | Loan | 6, 12, 19 | 2 | Oak Ridge Office Park | John C. Harvey and Edward J. Sussi | No | No | Refinance | ||||||
23.01 | Property | 1 | Oak Ridge Technical Center | No | ||||||||||
23.02 | Property | 1 | Oak Ridge Corporate Center | No | ||||||||||
24 | Loan | 2, 13, 19, 20, 23 | 1 | Kalamazoo Distribution Center | J.C.A. Gift Trust, dated July 9, 1992 | No | No | Refinance | No | |||||
25 | Loan | 6 | 2 | Corpus Christi Portfolio | Sanjeev Amin and Rupesh Amin | No | No | Acquisition | ||||||
25.01 | Property | 1 | The Staybridge Suites | No | ||||||||||
25.02 | Property | 1 | The Holiday Inn Express & Suites | No | ||||||||||
26 | Loan | 15, 19 | 1 | Rosedale & Soundview | Harriet R. Shanus 2009 Family Trust FBO Corey Shanus, Harriet R. Shanus 2009 Family Trust FBO Sarene Shanus and Corey R. Shanus | No | No | Refinance | No | |||||
27 | Loan | 15 | 1 | Panther Lake Shopping Center | I. Jay Kerner | No | No | Refinance | No | |||||
28 | Loan | 1 | Biotrial Medical Center | Biotrial, Inc. and Biotrial Research, S.A.S | No | No | Refinance | No | ||||||
29 | Loan | 1, 6, 12, 15, 19, 20, 23 | 6 | Moonwater Office Portfolio | Ofir Hagay, Ryan Tedder and Keith Kantrowitz | No | Yes | Recapitalization | ||||||
29.01 | Property | 1 | 6543 Las Vegas Boulevard South | No | ||||||||||
29.02 | Property | 1 | 6226 West Sahara Avenue | No | ||||||||||
29.03 | Property | 1 | 10190 Covington Cross Drive | No | ||||||||||
29.04 | Property | 1 | 1450 Center Crossing Road | No | ||||||||||
29.05 | Property | 1 | 6551 Las Vegas Boulevard South | No | ||||||||||
29.06 | Property | 1 | 9901-9921 Covington Cross Drive | No | ||||||||||
30 | Loan | 15, 19 | 1 | Magnolia Square | Clarke M. Williams, III and Donald M. Jarreau, Jr. | No | No | Acquisition | No | |||||
31 | Loan | 15, 19, 28 | 1 | Nona Commons | Lexin Capital LLC | No | No | Refinance | No | |||||
32 | Loan | 16, 19 | 1 | Walgreens - St Paul | Mark Jaffe | No | No | Acquisition | No | |||||
33 | Loan | 6 | 2 | Aragona Retail Portfolio | Aragona Properties LLC and Holiday Enterprises LLC | No | No | Refinance | ||||||
33.01 | Property | 1 | Macomb Centre Plaza | No | ||||||||||
33.02 | Property | 1 | River Park Plaza | No | ||||||||||
34 | Loan | 15 | 1 | Centennial Plaza | Eron Sodie and Isaac Pretter | No | No | Acquisition | No | |||||
35 | Loan | 17 | 1 | Great American Self Storage | David L. Baron and David Gandolfo | No | No | Refinance | No | |||||
36 | Loan | 15, 19, 21 | 1 | South Valley Center | Rodney A. Mitchell | No | No | Refinance | No | |||||
37 | Loan | 13, 19 | 1 | 127 8th Avenue Leased Fee | Vincent J. Ponte | No | No | Refinance | No | |||||
38 | Loan | 10, 30 | 1 | Go Store It Crossville | Ryan L. Hanks | Yes | No | Recapitalization | Yes | |||||
39 | Loan | 2, 3, 16, 19, 27 | 1 | 965-977 Frankford Avenue | Paul Horos and Craig Elkind | No | No | Refinance | No | |||||
40 | Loan | 16, 19 | 1 | Home2 Suites Bedford | Heeten Masters, Atul Masters and Ketan Masters | No | No | Refinance | No | |||||
41 | Loan | 13, 16, 32 | 1 | Edwards Landing Apartments | Gregg R. Wexler | No | No | Refinance | No | |||||
42 | Loan | 1 | Holiday Inn Express - Memphis, TN | Sukhdev Thind | No | No | Acquisition | No | ||||||
43 | Loan | 19 | 1 | Shops at The Domain | Joseph D. Goveia and Bruce M. Kahl, Jr. | No | No | Refinance | No | |||||
44 | Loan | 16, 30 | 1 | 275 Commerce | Yaakov Prager | No | No | Recapitalization | No | |||||
45 | Loan | 11, 19 | 1 | CVS Pawtucket | Matthew E. Diener and Julianne Diener | No | No | Acquisition | No | |||||
46 | Loan | 5, 19 | 1 | Candlewood Suites Elgin | Mahendra A. Yogina | No | No | Refinance | No | |||||
47 | Loan | 1 | Load and Lock Self Storage | George Thacker, Lawrence Charles Kaplan and Richard Schontz | No | No | Refinance | No | ||||||
48 | Loan | 15 | 1 | Hartsville Crossing | Thomas F. Hahn, Jr. | No | Yes | Refinance | No | |||||
49 | Loan | 1 | Washington MHC Portfolio | Benjamin W. Shoval | No | No | Refinance | No | ||||||
50 | Loan | 20 | 1 | 5400-5450 W. Atlantic Blvd | Andrew Perkins | No | No | Acquisition | No | |||||
51 | Loan | 19 | 1 | Walgreens McDonough | Brian Kabateck, Roxanne Hampton and Kabateck/Hampton Living Trust, dated February 22, 2006 | No | No | Acquisition | No | |||||
52 | Loan | 16 | 1 | 701 Van Duzer Street | David Banda and Chaim Landau | No | No | Refinance | No | |||||
53 | Loan | 20 | 1 | Marymoor Self Storage | Stephen H. Garrison, Wayne David Ristig, Luke 19:10 Trust and Ristig Family Trust | No | No | Refinance | No | |||||
54 | Loan | 1 | 28818 Cinco Ranch | Richard Neil Rainer and Clayton Lee McDaniel | No | No | Refinance | No | ||||||
55 | Loan | 16 | 1 | The Storage Depot | Jason Lami and Samir Mistry | No | No | Acquisition | No | |||||
56 | Loan | 19 | 1 | Walgreens Plainfield | Brian Kabateck, Roxanne Hampton and Kabateck/Hampton Living Trust, dated February 22, 2006 | No | No | Acquisition | No | |||||
57 | Loan | 16 | 1 | CVS Fourth Street | Dennis Townsend | No | No | Refinance | No | |||||
58 | Loan | 19 | 1 | Walgreens House Springs | Brian Kabateck, Roxanne Hampton and Kabateck/Hampton Living Trust, dated February 22, 2006 | No | No | Acquisition | No | |||||
59 | Loan | 1 | Inner Space Storage | George Thacker, Lawrence Charles Kaplan and Richard Schontz | No | No | Acquisition | No | ||||||
60 | Loan | 2 | 1 | Lamplighter MHC | Richard R. Nelson III and John C. Duffie | No | No | Refinance | No |
A-1-31 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Uses: Loan Payoff ($) | Uses: Purchase Price ($) | Uses: Closing Costs ($) | Uses: Reserves ($) | Uses: Principal Equity Distribution ($) | Uses: Other Uses ($) | Uses: Total Uses ($) | Franchise Agreement Expiration | Underwritten ADR ($) | Underwritten RevPAR ($) | Underwritten Hotel Occupancy (%) | Most Recent ADR ($) | Most Recent RevPAR ($) |
1 | Loan | 6, 10,12 | 5 | Houston Multifamily Portfolio | 0 | 165,000,000 | 3,222,564 | 2,801,236 | 0 | 0 | 171,023,800 | NAP | NAP | NAP | NAP | NAP | NAP |
1.01 | Property | 1 | Providence at Memorial | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
1.02 | Property | 1 | Diamond Hill | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
1.03 | Property | 1 | Casa Del Mar | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
1.04 | Property | 1 | Sedona Pointe | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
1.05 | Property | 1 | Buena Vista | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
2 | Loan | 1, 2, 3, 6, 12, 13, 14, 19 | 2 | Yorkshire & Lexington Towers | 545,268,671 | 0 | 93,214,219 | 20,258,785 | 55,258,325 | 0 | 714,000,000 | NAP | NAP | NAP | NAP | NAP | NAP |
2.01 | Property | 1 | Yorkshire Towers | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
2.02 | Property | 1 | Lexington Towers | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
3 | Loan | 10, 13, 19, 21, 24 | 1 | 1888 Century Park East | 0 | 0 | 3,624,933 | 7,850,385 | 188,524,682 | 0 | 200,000,000 | NAP | NAP | NAP | NAP | NAP | NAP |
4 | Loan | 12, 15, 16, 19, 24 | 1 | 3075 Olcott | 108,610,126 | 0 | 7,850,049 | 54,677,444 | 0 | 0 | 171,137,619 | NAP | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 12, 16, 24 | 1 | 70 Hudson Street | 0 | 300,000,000 | 7,587,304 | 883,680 | 0 | 0 | 308,470,984 | NAP | NAP | NAP | NAP | NAP | NAP |
6 | Loan | 1, 6, 10, 12, 16, 30 | 34 | ExchangeRight Net Leased Portfolio #55 | 0 | 197,829,395 | 4,408,873 | 2,268,336 | 0 | 0 | 204,506,605 | NAP | NAP | NAP | NAP | NAP | NAP |
6.01 | Property | 1 | Walmart Neighborhood Market - Prairieville (Airline), LA | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.02 | Property | 1 | Pick N Save - Sun Prairie (Main), WI | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.03 | Property | 1 | Schnucks - Love's Park (Harlem), IL | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.04 | Property | 1 | Walmart Neighborhood Market - Thibodaux (Main), LA | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.05 | Property | 1 | Walmart Neighborhood Market - Houma (Park), LA | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.06 | Property | 1 | Publix - Decatur (Point), AL | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.07 | Property | 1 | PNC Bank - Clarendon Hills (Holmes), IL | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.08 | Property | 1 | Walmart Neighborhood Market - New Iberia (Parkview), LA | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.09 | Property | 1 | Walmart Neighborhood Market - Opelousas (Union), LA | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.10 | Property | 1 | Walmart Neighborhood Market - Meraux (Archbishop), LA | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.11 | Property | 1 | CVS Pharmacy - Auburn (Opelika), AL | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.12 | Property | 1 | Huntington Bank- Clarksburg (Pike), WV | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.13 | Property | 1 | CVS Pharmacy - Grand Rapids (Fuller), MI | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.14 | Property | 1 | O'Reilly Auto Parts - Madison (Commerce), WI | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.15 | Property | 1 | U.S. Bank - Northlake (North), IL | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.16 | Property | 1 | CVS - Tullahoma (Jackson), TN | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.17 | Property | 1 | 7-Eleven- La Grange (Ogden), IL | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.18 | Property | 1 | U.S. Bank - Elk Grove Village (Devon), IL | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.19 | Property | 1 | Sherwin Williams - Marysville (Fifth), OH | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.20 | Property | 1 | O'Reilly - Owensboro (Bold Forbes), KY | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.21 | Property | 1 | PNC Bank - Aurora (Galena), IL | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.22 | Property | 1 | NAPA Auto Parts - Downers Grove (Ogden), IL | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.23 | Property | 1 | Family Dollar - Cuyahoga Falls (Bailey), OH | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.24 | Property | 1 | Dollar General - Lewiston (Sabattus), ME | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.25 | Property | 1 | U.S. Bank - Niles (Dempster), IL | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.26 | Property | 1 | Dollar Tree - Des Plaines (Rand), IL | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.27 | Property | 1 | Dollar General - Odessa (University), TX | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.28 | Property | 1 | Dollar General - Weber City, (Hwy 23), VA | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.29 | Property | 1 | Dollar General- Springtown (Highway), TX | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.30 | Property | 1 | Sherwin Williams - Champaign (Marketview), IL | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.31 | Property | 1 | Dollar General - Holly (Saginaw), MI | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.32 | Property | 1 | Dollar General - Dyer (Sheffield), IN | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.33 | Property | 1 | Dollar General - Lubbock (University), TX | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6.34 | Property | 1 | Citizens Bank - Wilmington (Marsh), DE | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
7 | Loan | 1, 12, 13, 15, 19, 27, 30 | 1 | Bell Works | 170,604,822 | 0 | 3,366,160 | 15,896,818 | 20,132,200 | 0 | 210,000,000 | NAP | NAP | NAP | NAP | NAP | NAP |
8 | Loan | 1, 5, 6, 12, 13, 19, 29 | 17 | ILPT Logistics Portfolio | 0 | 0 | 5,206,178 | 1,758,645 | 693,035,177 | 0 | 700,000,000 | NAP | NAP | NAP | NAP | NAP | NAP |
8.01 | Property | 1 | 4000 Principio Parkway | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
8.02 | Property | 1 | 2020 Joe B. Jackson Parkway | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
8.03 | Property | 1 | 1901 Meadowville Technology Parkway | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
8.04 | Property | 1 | 52 Pettengill Road | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
8.05 | Property | 1 | 510 John Dodd Road | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
8.06 | Property | 1 | 309 Dulty's Lane | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
8.07 | Property | 1 | 5300 Centerpoint Parkway | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
8.08 | Property | 1 | 17001 West Mercury Street | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
8.09 | Property | 1 | 725 Darlington Avenue | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
8.10 | Property | 1 | 10100 89th Avenue N | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
8.11 | Property | 1 | 7303 Rickenbacker Parkway West | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
8.12 | Property | 1 | 4836 Hickory Hill Road | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
8.13 | Property | 1 | 7000 West Post Road | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
8.14 | Property | 1 | 3201 Bearing Drive | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
8.15 | Property | 1 | 900 Commerce Parkway West Drive | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
8.16 | Property | 1 | 6825 West County Road 400 North | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
8.17 | Property | 1 | 951 Trails Road | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
9 | Loan | 6, 12, 13, 15, 19, 20, 24, 28 | 5 | Phoenix Industrial Portfolio VIII | 38,034,329 | 0 | 740,606 | 1,704,801 | 4,496,782 | 12,023,483 | 57,000,000 | NAP | NAP | NAP | NAP | NAP | NAP |
9.01 | Property | 1 | West Mifflin, PA | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
9.02 | Property | 1 | Church Hill, TN | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
9.03 | Property | 1 | Mossville, IL | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
9.04 | Property | 1 | Eldon, MO | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
9.05 | Property | 1 | Kingsport, TN | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
10 | Loan | 2, 4, 6, 16 | 8 | BVG Portfolio III | 19,893,016 | 0 | 946,060 | 1,375,085 | 11,785,838 | 0 | 34,000,000 | NAP | NAP | NAP | NAP | NAP | NAP |
10.01 | Property | 1 | Trinidad RV & Emerald Forest RV & Campground | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
10.02 | Property | 1 | Hacienda RV Resort | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
10.03 | Property | 1 | Gardena MHC & Apts | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
10.04 | Property | 1 | Fairmont MHC | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
10.05 | Property | 1 | Gansett MHC | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
10.06 | Property | 1 | Elsinore Hills RV Park | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
10.07 | Property | 1 | Flying A MHC | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
10.08 | Property | 1 | Golden Arrow MHC | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
11 | Loan | 15, 19 | 1 | Perry Hall Centre and Perry Hall Square | 0 | 45,700,000 | 1,051,179 | 3,996,400 | 0 | 0 | 50,747,579 | NAP | NAP | NAP | NAP | NAP | NAP |
12 | Loan | 9, 10, 12, 16, 17, 19, 27, 32 | 1 | The Shoppes at Eagle Point | 38,165,538 | 0 | 329,307 | 0 | 1,505,155 | 0 | 40,000,000 | NAP | NAP | NAP | NAP | NAP | NAP |
13 | Loan | 11, 16 | 1 | Village at Mitchell Ranch | 0 | 68,000,000 | 835,998 | 1,075,734 | 0 | 0 | 69,911,732 | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | 1, 6, 12, 19 | 14 | Twin Spans Business Park and Delaware River Industrial Park | 89,548,238 | 0 | 1,832,245 | 993,028 | 45,626,489 | 0 | 138,000,000 | NAP | NAP | NAP | NAP | NAP | NAP |
14.01 | Property | 1 | 350 Anchor Mill Road | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-32 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Uses: Loan Payoff ($) | Uses: Purchase Price ($) | Uses: Closing Costs ($) | Uses: Reserves ($) | Uses: Principal Equity Distribution ($) | Uses: Other Uses ($) | Uses: Total Uses ($) | Franchise Agreement Expiration | Underwritten ADR ($) | Underwritten RevPAR ($) | Underwritten Hotel Occupancy (%) | Most Recent ADR ($) | Most Recent RevPAR ($) |
14.02 | Property | 1 | 301 Anchor Mill Road | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
14.03 | Property | 1 | 400 Ships Landing Way | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
14.04 | Property | 1 | 800 Ships Landing Way | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
14.05 | Property | 1 | 6 Dockview | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
14.06 | Property | 1 | 501 Ships Landing Way | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
14.07 | Property | 1 | 250 Anchor Mill Road | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
14.08 | Property | 1 | 10 Dockview Drive | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
14.09 | Property | 1 | 7 - 23 Harborview Drive | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
14.10 | Property | 1 | 200 Anchor Mill Road | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
14.11 | Property | 1 | 300 Anchor Mill Road | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
14.12 | Property | 1 | 27 - 55 Harborview Drive | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
14.13 | Property | 1 | 100 Ships Landing | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
14.14 | Property | 1 | 600 Ships Landing Way | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
15 | Loan | 6, 12 | 6 | Stockton Self Storage Portfolio | 20,170,671 | 0 | 341,762 | 111,789 | 18,375,778 | 0 | �� 39,000,000 | NAP | NAP | NAP | NAP | NAP | NAP |
15.01 | Property | 1 | Airport Road Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
15.02 | Property | 1 | Morada Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
15.03 | Property | 1 | Highway 88 Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
15.04 | Property | 1 | Beckman Road Industrial | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
15.05 | Property | 1 | Highway 99 Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
15.06 | Property | 1 | Eight Mile Road Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
16 | Loan | 6, 7 | 2 | Deerfield and Courtyard Apartments | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
16.01 | Property | 1 | Deerfield Apartments | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
16.02 | Property | 1 | Courtyard Apartments | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
17 | Loan | 6, 10 | 3 | ABC Mini Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
17.01 | Property | 1 | ABC Mini Storage - West | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
17.02 | Property | 1 | ABC Mini Storage - Valley | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
17.03 | Property | 1 | ABC Mini Storage - North | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
18 | Loan | 20, 23 | 1 | Sawmill Plaza | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
19 | Loan | 10, 13, 19, 20 | 1 | 4S Ranch Village Center | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
20 | Loan | 1, 6, 19, 23 | 2 | The Summit | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
20.01 | Property | 1 | Summit 1, 2 | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
20.02 | Property | 1 | Summit 3 | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
21 | Loan | 10, 19, 20 | 1 | Hamilton Commons | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
22 | Loan | 15, 19 | 1 | Church Ranch Corporate Center | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
23 | Loan | 6, 12, 19 | 2 | Oak Ridge Office Park | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
23.01 | Property | 1 | Oak Ridge Technical Center | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
23.02 | Property | 1 | Oak Ridge Corporate Center | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
24 | Loan | 2, 13, 19, 20, 23 | 1 | Kalamazoo Distribution Center | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
25 | Loan | 6 | 2 | Corpus Christi Portfolio | 4/6/2037 | 107.75 | 83.16 | 77.2% | 107.75 | 85.24 | |||||||
25.01 | Property | 1 | The Staybridge Suites | 4/6/2037 | 104.12 | 83.30 | 80.0% | 104.12 | 87.54 | ||||||||
25.02 | Property | 1 | The Holiday Inn Express & Suites | 4/6/2037 | 111.21 | 83.04 | 74.7% | 111.21 | 83.04 | ||||||||
26 | Loan | 15, 19 | 1 | Rosedale & Soundview | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
27 | Loan | 15 | 1 | Panther Lake Shopping Center | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
28 | Loan | 1 | Biotrial Medical Center | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
29 | Loan | 1, 6, 12, 15, 19, 20, 23 | 6 | Moonwater Office Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
29.01 | Property | 1 | 6543 Las Vegas Boulevard South | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
29.02 | Property | 1 | 6226 West Sahara Avenue | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
29.03 | Property | 1 | 10190 Covington Cross Drive | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
29.04 | Property | 1 | 1450 Center Crossing Road | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
29.05 | Property | 1 | 6551 Las Vegas Boulevard South | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
29.06 | Property | 1 | 9901-9921 Covington Cross Drive | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
30 | Loan | 15, 19 | 1 | Magnolia Square | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
31 | Loan | 15, 19, 28 | 1 | Nona Commons | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
32 | Loan | 16, 19 | 1 | Walgreens - St Paul | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
33 | Loan | 6 | 2 | Aragona Retail Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
33.01 | Property | 1 | Macomb Centre Plaza | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
33.02 | Property | 1 | River Park Plaza | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
34 | Loan | 15 | 1 | Centennial Plaza | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
35 | Loan | 17 | 1 | Great American Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
36 | Loan | 15, 19, 21 | 1 | South Valley Center | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
37 | Loan | 13, 19 | 1 | 127 8th Avenue Leased Fee | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
38 | Loan | 10, 30 | 1 | Go Store It Crossville | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
39 | Loan | 2, 3, 16, 19, 27 | 1 | 965-977 Frankford Avenue | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
40 | Loan | 16, 19 | 1 | Home2 Suites Bedford | 9/30/2038 | 110.11 | 73.31 | 66.6% | 110.11 | 73.31 | |||||||
41 | Loan | 13, 16, 32 | 1 | Edwards Landing Apartments | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
42 | Loan | 1 | Holiday Inn Express - Memphis, TN | 4/13/2038 | 117.07 | 93.66 | 80.0% | 117.07 | 94.67 | ||||||||
43 | Loan | 19 | 1 | Shops at The Domain | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
44 | Loan | 16, 30 | 1 | 275 Commerce | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
45 | Loan | 11, 19 | 1 | CVS Pawtucket | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
46 | Loan | 5, 19 | 1 | Candlewood Suites Elgin | 12/19/2033 | 79.33 | 58.11 | 73.3% | 79.33 | 58.11 | |||||||
47 | Loan | 1 | Load and Lock Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
48 | Loan | 15 | 1 | Hartsville Crossing | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
49 | Loan | 1 | Washington MHC Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
50 | Loan | 20 | 1 | 5400-5450 W. Atlantic Blvd | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
51 | Loan | 19 | 1 | Walgreens McDonough | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
52 | Loan | 16 | 1 | 701 Van Duzer Street | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
53 | Loan | 20 | 1 | Marymoor Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
54 | Loan | 1 | 28818 Cinco Ranch | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
55 | Loan | 16 | 1 | The Storage Depot | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
56 | Loan | 19 | 1 | Walgreens Plainfield | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
57 | Loan | 16 | 1 | CVS Fourth Street | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
58 | Loan | 19 | 1 | Walgreens House Springs | NAP | NAP | NAP | NAP | NAP | NAP | |||||||
59 | Loan | 1 | Inner Space Storage | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
60 | Loan | 2 | 1 | Lamplighter MHC | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-33 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Most Recent Hotel Occupancy (%) | Second Most Recent ADR ($) | Second Most Recent RevPAR ($) | Second Most Recent Hotel Occupancy (%) | Third Most Recent ADR ($) | Third Most Recent RevPAR ($) | Third Most Recent Hotel Occupancy (%) |
1 | Loan | 6, 10,12 | 5 | Houston Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
1.01 | Property | 1 | Providence at Memorial | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.02 | Property | 1 | Diamond Hill | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.03 | Property | 1 | Casa Del Mar | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.04 | Property | 1 | Sedona Pointe | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.05 | Property | 1 | Buena Vista | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
2 | Loan | 1, 2, 3, 6, 12, 13, 14, 19 | 2 | Yorkshire & Lexington Towers | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
2.01 | Property | 1 | Yorkshire Towers | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
2.02 | Property | 1 | Lexington Towers | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3 | Loan | 10, 13, 19, 21, 24 | 1 | 1888 Century Park East | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
4 | Loan | 12, 15, 16, 19, 24 | 1 | 3075 Olcott | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 12, 16, 24 | 1 | 70 Hudson Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6 | Loan | 1, 6, 10, 12, 16, 30 | 34 | ExchangeRight Net Leased Portfolio #55 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6.01 | Property | 1 | Walmart Neighborhood Market - Prairieville (Airline), LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.02 | Property | 1 | Pick N Save - Sun Prairie (Main), WI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.03 | Property | 1 | Schnucks - Love's Park (Harlem), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.04 | Property | 1 | Walmart Neighborhood Market - Thibodaux (Main), LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.05 | Property | 1 | Walmart Neighborhood Market - Houma (Park), LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.06 | Property | 1 | Publix - Decatur (Point), AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.07 | Property | 1 | PNC Bank - Clarendon Hills (Holmes), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.08 | Property | 1 | Walmart Neighborhood Market - New Iberia (Parkview), LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.09 | Property | 1 | Walmart Neighborhood Market - Opelousas (Union), LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.10 | Property | 1 | Walmart Neighborhood Market - Meraux (Archbishop), LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.11 | Property | 1 | CVS Pharmacy - Auburn (Opelika), AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.12 | Property | 1 | Huntington Bank- Clarksburg (Pike), WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.13 | Property | 1 | CVS Pharmacy - Grand Rapids (Fuller), MI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.14 | Property | 1 | O'Reilly Auto Parts - Madison (Commerce), WI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.15 | Property | 1 | U.S. Bank - Northlake (North), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.16 | Property | 1 | CVS - Tullahoma (Jackson), TN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.17 | Property | 1 | 7-Eleven- La Grange (Ogden), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.18 | Property | 1 | U.S. Bank - Elk Grove Village (Devon), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.19 | Property | 1 | Sherwin Williams - Marysville (Fifth), OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.20 | Property | 1 | O'Reilly - Owensboro (Bold Forbes), KY | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.21 | Property | 1 | PNC Bank - Aurora (Galena), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.22 | Property | 1 | NAPA Auto Parts - Downers Grove (Ogden), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.23 | Property | 1 | Family Dollar - Cuyahoga Falls (Bailey), OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.24 | Property | 1 | Dollar General - Lewiston (Sabattus), ME | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.25 | Property | 1 | U.S. Bank - Niles (Dempster), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.26 | Property | 1 | Dollar Tree - Des Plaines (Rand), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.27 | Property | 1 | Dollar General - Odessa (University), TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.28 | Property | 1 | Dollar General - Weber City, (Hwy 23), VA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.29 | Property | 1 | Dollar General- Springtown (Highway), TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.30 | Property | 1 | Sherwin Williams - Champaign (Marketview), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.31 | Property | 1 | Dollar General - Holly (Saginaw), MI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.32 | Property | 1 | Dollar General - Dyer (Sheffield), IN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.33 | Property | 1 | Dollar General - Lubbock (University), TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.34 | Property | 1 | Citizens Bank - Wilmington (Marsh), DE | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7 | Loan | 1, 12, 13, 15, 19, 27, 30 | 1 | Bell Works | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
8 | Loan | 1, 5, 6, 12, 13, 19, 29 | 17 | ILPT Logistics Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
8.01 | Property | 1 | 4000 Principio Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.02 | Property | 1 | 2020 Joe B. Jackson Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.03 | Property | 1 | 1901 Meadowville Technology Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.04 | Property | 1 | 52 Pettengill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.05 | Property | 1 | 510 John Dodd Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.06 | Property | 1 | 309 Dulty's Lane | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.07 | Property | 1 | 5300 Centerpoint Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.08 | Property | 1 | 17001 West Mercury Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.09 | Property | 1 | 725 Darlington Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.10 | Property | 1 | 10100 89th Avenue N | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.11 | Property | 1 | 7303 Rickenbacker Parkway West | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.12 | Property | 1 | 4836 Hickory Hill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.13 | Property | 1 | 7000 West Post Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.14 | Property | 1 | 3201 Bearing Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.15 | Property | 1 | 900 Commerce Parkway West Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.16 | Property | 1 | 6825 West County Road 400 North | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.17 | Property | 1 | 951 Trails Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9 | Loan | 6, 12, 13, 15, 19, 20, 24, 28 | 5 | Phoenix Industrial Portfolio VIII | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9.01 | Property | 1 | West Mifflin, PA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.02 | Property | 1 | Church Hill, TN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.03 | Property | 1 | Mossville, IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.04 | Property | 1 | Eldon, MO | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.05 | Property | 1 | Kingsport, TN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10 | Loan | 2, 4, 6, 16 | 8 | BVG Portfolio III | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
10.01 | Property | 1 | Trinidad RV & Emerald Forest RV & Campground | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.02 | Property | 1 | Hacienda RV Resort | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.03 | Property | 1 | Gardena MHC & Apts | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.04 | Property | 1 | Fairmont MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.05 | Property | 1 | Gansett MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.06 | Property | 1 | Elsinore Hills RV Park | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.07 | Property | 1 | Flying A MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.08 | Property | 1 | Golden Arrow MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11 | Loan | 15, 19 | 1 | Perry Hall Centre and Perry Hall Square | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12 | Loan | 9, 10, 12, 16, 17, 19, 27, 32 | 1 | The Shoppes at Eagle Point | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
13 | Loan | 11, 16 | 1 | Village at Mitchell Ranch | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | 1, 6, 12, 19 | 14 | Twin Spans Business Park and Delaware River Industrial Park | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14.01 | Property | 1 | 350 Anchor Mill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-34 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Most Recent Hotel Occupancy (%) | Second Most Recent ADR ($) | Second Most Recent RevPAR ($) | Second Most Recent Hotel Occupancy (%) | Third Most Recent ADR ($) | Third Most Recent RevPAR ($) | Third Most Recent Hotel Occupancy (%) |
14.02 | Property | 1 | 301 Anchor Mill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.03 | Property | 1 | 400 Ships Landing Way | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.04 | Property | 1 | 800 Ships Landing Way | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.05 | Property | 1 | 6 Dockview | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.06 | Property | 1 | 501 Ships Landing Way | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.07 | Property | 1 | 250 Anchor Mill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.08 | Property | 1 | 10 Dockview Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.09 | Property | 1 | 7 - 23 Harborview Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.10 | Property | 1 | 200 Anchor Mill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.11 | Property | 1 | 300 Anchor Mill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.12 | Property | 1 | 27 - 55 Harborview Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.13 | Property | 1 | 100 Ships Landing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.14 | Property | 1 | 600 Ships Landing Way | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15 | Loan | 6, 12 | 6 | Stockton Self Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
15.01 | Property | 1 | Airport Road Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.02 | Property | 1 | Morada Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.03 | Property | 1 | Highway 88 Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.04 | Property | 1 | Beckman Road Industrial | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.05 | Property | 1 | Highway 99 Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.06 | Property | 1 | Eight Mile Road Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
16 | Loan | 6, 7 | 2 | Deerfield and Courtyard Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
16.01 | Property | 1 | Deerfield Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
16.02 | Property | 1 | Courtyard Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
17 | Loan | 6, 10 | 3 | ABC Mini Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17.01 | Property | 1 | ABC Mini Storage - West | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
17.02 | Property | 1 | ABC Mini Storage - Valley | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
17.03 | Property | 1 | ABC Mini Storage - North | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18 | Loan | 20, 23 | 1 | Sawmill Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19 | Loan | 10, 13, 19, 20 | 1 | 4S Ranch Village Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20 | Loan | 1, 6, 19, 23 | 2 | The Summit | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20.01 | Property | 1 | Summit 1, 2 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
20.02 | Property | 1 | Summit 3 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
21 | Loan | 10, 19, 20 | 1 | Hamilton Commons | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
22 | Loan | 15, 19 | 1 | Church Ranch Corporate Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
23 | Loan | 6, 12, 19 | 2 | Oak Ridge Office Park | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
23.01 | Property | 1 | Oak Ridge Technical Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
23.02 | Property | 1 | Oak Ridge Corporate Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
24 | Loan | 2, 13, 19, 20, 23 | 1 | Kalamazoo Distribution Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
25 | Loan | 6 | 2 | Corpus Christi Portfolio | 79.3% | 102.08 | 63.26 | 62.0% | 115.31 | 78.24 | 67.8% |
25.01 | Property | 1 | The Staybridge Suites | 84.1% | 102.56 | 78.20 | 76.3% | 113.97 | 95.34 | 83.7% | |
25.02 | Property | 1 | The Holiday Inn Express & Suites | 74.7% | 101.62 | 48.99 | 48.2% | 116.59 | 61.91 | 53.1% | |
26 | Loan | 15, 19 | 1 | Rosedale & Soundview | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27 | Loan | 15 | 1 | Panther Lake Shopping Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28 | Loan | 1 | Biotrial Medical Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29 | Loan | 1, 6, 12, 15, 19, 20, 23 | 6 | Moonwater Office Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
29.01 | Property | 1 | 6543 Las Vegas Boulevard South | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29.02 | Property | 1 | 6226 West Sahara Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29.03 | Property | 1 | 10190 Covington Cross Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29.04 | Property | 1 | 1450 Center Crossing Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29.05 | Property | 1 | 6551 Las Vegas Boulevard South | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29.06 | Property | 1 | 9901-9921 Covington Cross Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
30 | Loan | 15, 19 | 1 | Magnolia Square | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | 15, 19, 28 | 1 | Nona Commons | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 16, 19 | 1 | Walgreens - St Paul | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33 | Loan | 6 | 2 | Aragona Retail Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33.01 | Property | 1 | Macomb Centre Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
33.02 | Property | 1 | River Park Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
34 | Loan | 15 | 1 | Centennial Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | 17 | 1 | Great American Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
36 | Loan | 15, 19, 21 | 1 | South Valley Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
37 | Loan | 13, 19 | 1 | 127 8th Avenue Leased Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
38 | Loan | 10, 30 | 1 | Go Store It Crossville | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
39 | Loan | 2, 3, 16, 19, 27 | 1 | 965-977 Frankford Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
40 | Loan | 16, 19 | 1 | Home2 Suites Bedford | 66.6% | 108.92 | 71.39 | 65.5% | 88.01 | 36.96 | 42.0% |
41 | Loan | 13, 16, 32 | 1 | Edwards Landing Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42 | Loan | 1 | Holiday Inn Express - Memphis, TN | 80.9% | 94.27 | 47.35 | 50.2% | 107.24 | 85.53 | 79.8% | |
43 | Loan | 19 | 1 | Shops at The Domain | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
44 | Loan | 16, 30 | 1 | 275 Commerce | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
45 | Loan | 11, 19 | 1 | CVS Pawtucket | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
46 | Loan | 5, 19 | 1 | Candlewood Suites Elgin | 73.3% | 78.15 | 54.41 | 69.6% | 69.83 | 36.42 | 52.2% |
47 | Loan | 1 | Load and Lock Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
48 | Loan | 15 | 1 | Hartsville Crossing | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
49 | Loan | 1 | Washington MHC Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
50 | Loan | 20 | 1 | 5400-5450 W. Atlantic Blvd | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
51 | Loan | 19 | 1 | Walgreens McDonough | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
52 | Loan | 16 | 1 | 701 Van Duzer Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
53 | Loan | 20 | 1 | Marymoor Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
54 | Loan | 1 | 28818 Cinco Ranch | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
55 | Loan | 16 | 1 | The Storage Depot | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
56 | Loan | 19 | 1 | Walgreens Plainfield | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
57 | Loan | 16 | 1 | CVS Fourth Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
58 | Loan | 19 | 1 | Walgreens House Springs | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
59 | Loan | 1 | Inner Space Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
60 | Loan | 2 | 1 | Lamplighter MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-35 |
Footnotes to Annex A-1 | |
(1) | “Barclays” denotes Barclays Capital Real Estate Inc. as Mortgage Loan Seller, “SMC” denotes Starwood Mortgage Capital LLC as Mortgage Loan Seller, “SGFC” denotes Societe Generale Financial Corporation as Mortgage Loan Seller, “UBS AG” denotes UBS AG, by and through its branch office at 1285 Avenue of the Americas, New York, New York as Mortgage Loan Seller, “BSPRT” denotes BSPRT CMBS Finance, LLC as Mortgage Loan Seller, “LMF” denotes LMF Commercial, LLC as Mortgage Loan Seller, “Natixis” denotes Natixis Real Estate Capital LLC as Mortgage Loan Seller. With respect to Loan No. 2, Yorkshire & Lexington Towers, the mortgage loan is part of a whole loan that was co-originated by SMC, Bank of Montreal and Citibank Real Estate Funding, Inc. With respect to Loan No. 6, ExchangeRight Net Leased Portfolio #55, the mortgage loan is part of a whole loan that was co-originated by Citi Real Estate Funding Inc. and Barclays. With respect to Loan No. 7, Bell Works, the mortgage loan is part of a whole loan that was co-originated by Citi Real Estate Funding Inc., Barclays and Bank of Montreal. With respect to Loan No. 8, ILPT Logistics Portfolio, the mortgage loan is part of a whole loan that was co-originated by Citi Real Estate Funding Inc., UBS AG, Bank of America, N.A., Bank of Montreal and Morgan Stanley Bank, N.A. With respect to Loan No. 14, Twin Spans Business Park and Delaware River Industrial Park, the mortgage loan is part of a whole loan that was co-originated by Citi Real Estate Funding Inc. and Barclays. With respect to Loan No. 20, The Summit, the mortgage loan is part of a whole loan that was co-originated by Goldman Sachs Bank USA and Barclays. With respect to Loan No. 29, Moonwater Office Portfolio, the mortgage loan is part of a whole loan that was co-originated by Citi Real Estate Funding Inc. and Barclays. |
(2) | With respect to Loan No. 2, Yorkshire & Lexington Towers, the mortgaged property consists of two buildings comprised of 808 residential units totaling 730,829 square feet, 204 parking spaces totaling 41,886 square feet, six commercial and retail units totaling 29,451 square feet at the Yorkshire Towers building, and six commercial and retail units totaling 9,998 square feet at the Lexington Towers building. Of the 808 units, 305 of the units are rent stabilized. With respect to Loan No. 10, BVG Portfolio III, the mortgaged properties are comprised of 667 total pad sites including 321 manufactured housing pads, 284 RV sites, 15 apartment units and 47 cabin/tent sites. With respect to Loan No. 24, Kalamazoo Distribution Center, the mortgaged property is comprised of 157,410 square feet of cold storage area, 140,215 square feet of dry storage and 15,877 square feet of office space. With respect to Loan No. 39, 965-977 Frankford Avenue, the mortgaged property consists of 33 multifamily units and 3,908 square feet of commercial space. With respect to Loan No. 60, Lamplighter MHC, the mortgaged property is comprised of 29 manufactured housing community pads and one single family residence. |
(3) | Certain mortgage loans include parcels ground leased to tenants in the calculation of the total square footage and the occupancy of the mortgaged property. With respect to Loan No. 2, Yorkshire & Lexington Towers, there is 81,335 square feet of commercial space not presented in Number of Units. Current Occupancy reflects the occupancy of the multifamily component of the mortgaged property. The commercial and retail space is 98.6% leased as of March 1, 2022. With respect to Loan No. 39, 965-977 Frankford Avenue, there is 3,908 square feet of commercial space not presented in the Number of Units. Current Occupancy reflects the occupancy of the multifamily component of the mortgaged property, of which 31 units are leased. The commercial space is 100% leased to Vince’s Pizzeria and The Bar Philadelphia. |
(4) | In certain cases, mortgaged properties may have tenants that have executed leases that were included in the underwriting but that have not yet commenced paying rent and/or are not in occupancy. |
A-1-36 |
For tenants that are one of the top 5 tenants (by net rentable area leased) for the 15 largest mortgage loans, certain of such tenants have not taken possession or commenced paying rent or sublease a material portion of their property. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” in the preliminary prospectus. With respect to Loan No. 10, BVG Portfolio III, Leased Occupancy % for the Trinidad RV & Emerald Forest RV & Campground mortgaged property reflects trailing 12 months collections. | |
(5) | With respect to all mortgage loans, with the exceptions of the mortgage loans listed identified in “Description of the Mortgage Pool—Definitions” in the preliminary prospectus, the Cut-off Date LTV Ratio (%) and the LTV Ratio at Maturity / ARD (%) are based on the Appraised Value ($) even though, for certain mortgage loans, the appraisal provided “as-stabilized” values based on certain criteria being met. With respect to Loan No. 8, ILPT Logistics Portfolio, the Appraised Value ($) represents the “as-portfolio” appraised value of $1,175,000,000 as of January 3, 2022, which is inclusive of an approximately 4.1% portfolio premium and reflects the “as-is” appraised value of the mortgaged properties as a whole if sold in their entirety to a single buyer. The aggregate total of the “as-is” appraised values of the individual mortgaged properties (exclusive of the portfolio premium) is $1,128,300,000. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) based upon the aggregate “as-is” appraised value are 30.2% and 30.2%, respectively, for the ILPT Logistics Portfolio senior notes, 39.4% and 39.4%, respectively, for the ILPT Logistics Portfolio whole loan and 62.0% and 62.0%, respectively, for the ILPT Logistics Portfolio whole loan and the related mezzanine loans. With respect to Loan No. 46, Candlewood Suites Elgin, the Appraised Value ($) represents the “as-is extraordinary assumption” appraised value of $8,500,000 as of December 19, 2019, which assumes the borrower escrowed funds for capital expenditures. At origination, the borrower escrowed $770,000 for a property improvement plan reserve. The “as-is” appraised value is $7,800,000. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) based upon the “as-is” appraised value are 68.1% and 52.2%, respectively. |
(6) | For mortgage loans secured by multiple mortgaged properties, each mortgage loan’s Original Balance ($), Cut-off Date Balance ($) and Maturity/ARD Balance ($) are allocated to the respective mortgaged property based on the mortgage loan’s documentation, or if no such allocation is provided in the mortgage loan documentation, the mortgage loan seller’s determination of the appropriate allocation. ● Loan No. 1, Houston Multifamily Portfolio ● Loan No. 2, Yorkshire & Lexington Towers ● Loan No. 6, ExchangeRight Net Leased Portfolio #55 ● Loan No. 8, ILPT Logistics Portfolio ● Loan No. 9, Phoenix Industrial Portfolio VIII ● Loan No. 10, BVG Portfolio III ● Loan No. 14, Twin Spans Business Park and Delaware River Industrial Park ● Loan No. 15, Stockton Self Storage Portfolio ● Loan No. 16, Deerfield and Courtyard Apartments ● Loan No. 17, ABC Mini Storage Portfolio ● Loan No. 20, The Summit ● Loan No. 23, Oak Ridge Office Park ● Loan No. 25, Corpus Christi Portfolio ● Loan No. 29, Moonwater Office Portfolio ● Loan No. 33, Aragona Retail Portfolio |
(7) | The Original Balance ($), Cut-off Date Balance ($), and Maturity/ARD Balance ($) represent only the mortgage loan included in the issuing entity. The Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%) and Loan per Unit ($) are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate but exclude any subordinate companion loan(s). For more information regarding the mortgage loans secured by the mortgaged properties identified under the column heading in this Annex A-1, see the charts titled “Whole Loan Summary” and “Whole Loan Control Notes and Non-Control Notes” in “Description of the Mortgage Pool—The Whole Loans” in the preliminary prospectus. With respect to Loan No. 16, Deerfield and Courtyard Apartments, at origination of the mortgage loan, the borrowers deposited $3,000,000 into an economic holdback reserve, to be released to the borrowers upon the debt yield (as calculated in the mortgage loan documents) at the mortgaged properties being at least 9.0% based on a trailing 12-month period. Notwithstanding the foregoing, no disbursement is permitted prior to (i) the payment date in October |
A-1-37 |
2022, when $2,000,000 is permitted to be released and (ii) the payment date in January 2023, when the remaining $1,000,000 is permitted to be released. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NOI Debt Yield (%) and Underwritten NCF Debt Yield (%) calculations are based on an assumed mortgage loan Cut-off Date Balance ($) of approximately $20,947,879, which is net of the $3,000,000 economic holdback reserve. Assuming the gross mortgage loan Cut-off Date Balance ($) of approximately $23,947,879, Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NOI Debt Yield (%) and Underwritten NCF Debt Yield (%) calculations are 64.7%, 53.7%, 8.4% and 7.9%, respectively. | |
(8) | The Administrative Fee Rate % includes the Servicing Fee, the Operating Advisor Fee, the Certificate Administrator/Trustee Fee, the Asset Representations Reviewer Fee and the CREFC® Intellectual Property Royalty License Fee applicable to each Mortgage Loan. |
(9) | For the mortgage loans with an interest-only period that accrues interest on an Actual/360 basis, the Monthly Debt Service (IO) ($) was calculated as 1/12th of the product of (i) the Original Balance ($), (ii) the Interest Rate % and (iii) 365/360. With respect to Loan No. 12, The Shoppes at Eagle Point, the Mortgage Loan accrues interest on a 30/360 basis. |
(10) | With respect to Loan No. 1, Houston Multifamily Portfolio, Grace Period – Late Fee (Days) of five days is allowed for monthly payment of principal and interest and for payment at maturity. The Grace Period – Default (Days) is zero days for the outstanding principal balance due at maturity and five days for the monthly payment of principal and interest. With respect to Loan No. 3, 1888 Century Park East, a Grace Period – Late Fee (Days) of five days is allowed for the monthly payment of principal and interest and zero days for outstanding principal balance due at maturity. With respect to Loan No. 6, ExchangeRight Net Leased Portfolio #55, a Grace Period – Late Fee (Days) of five days is allowed for the monthly payment of principal and interest and zero days for outstanding principal balance due at maturity. With respect to Loan No. 12, The Shoppes at Eagle Point, a Grace Period – Late Fee (Days) of five days is allowed once during the mortgage loan term for the monthly payment of principal and interest and zero days for outstanding principal balance due at maturity. With respect to Loan No. 17, ABC Mini Storage Portfolio, a Grace Period – Default (Days) is five days for the outstanding principal balance due at maturity and the monthly payment of principal and interest. With respect to Loan No. 19, 4S Ranch Village Center, a Grace Period – Late Fee (Days) of five days is allowed for monthly payment of principal and interest and five days if any other sum due is not paid by the borrower. With respect to Loan No. 21, Hamilton Commons, a Grace Period – Late Fee (Days) of five days is allowed for monthly payment of principal and interest and zero days for payment at maturity. The Grace Period – Default (Days) is zero days for the outstanding principal balance due at maturity and five days for the monthly payment of principal and interest. With respect to Loan No. 38, Go Store It Crossville, a Grace Period – Default (Days) is five days for the outstanding principal balance due at maturity and zero days for the monthly payment of principal and interest. |
(11) | With respect to Loan No. 13, Village at Mitchell Ranch, the mortgage loan is structured with an anticipated repayment date of May 6, 2032 (the “Village at Mitchell Ranch ARD”) and a final maturity date of May 6, 2034. From and after the Village at Mitchell Ranch ARD, the mortgage loan will accrue interest at a rate of 6.85000% per annum. With respect to Loan No. 45, CVS Pawtucket, the mortgage loan is structured with an anticipated repayment date of April 6, 2032 (the “CVS Pawtucket ARD”) and a final maturity date of April 6, 2037. From and after the CVS Pawtucket ARD, the mortgage loan will accrue interest at a per annum rate equal to the greater of (i) the CVS Pawtucket ARD treasury note rate plus 5% and (ii) 10.34%. |
(12) | The “L” component of the prepayment provision represents lockout payments. The “D” component of the prepayment provision represents defeasance payments. The “YM” component of the prepayment provision represents yield maintenance payments. The “O” Component of the prepayment provision represents the free payments including the Maturity Date. |
A-1-38 |
Certain mortgage loans permit the release of a portion of a mortgaged property (or an individual mortgaged property, in connection with a portfolio mortgage loan) under various circumstances, as described in the preliminary prospectus. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Releases; Partial Releases” in the preliminary prospectus. | |
With respect to Loan No. 6, ExchangeRight Net Leased Portfolio #55, the borrower is permitted to defease the ExchangeRight Net Leased Portfolio #55 whole loan in whole or in part at any time after the earlier to occur of (i) the end of the two-year period commencing on the closing date of the securitization of the last note comprising the whole loan to be securitized or (ii) April 8, 2025. The assumed defeasance lockout period of 25 payments is based on the closing date of this transaction in June 2022. The actual lockout period may be longer. With respect to Loan No. 6, ExchangeRight Net Leased Portfolio #55, at any time after the lockout period, the borrower may release a mortgaged property, upon the satisfaction of certain conditions, including, among other things, (i) no event of default is continuing, (ii) the borrower defeases a portion of the ExchangeRight Net Leased Portfolio #55 whole loan equal to the greater of (a) 90% of the net sales proceeds with respect to such mortgaged property and (b) 115% of the allocated loan amount for such mortgaged property, (iii) the debt service coverage ratio of the remaining mortgaged properties immediately after release is no less than the greater of (x) 2.06x and (y) the debt service coverage ratio immediately prior to the release, and (iv) a debt yield no less than the greater of (x) 9.45% and (y) the debt yield immediately prior to the release. With respect to Loan No. 7, Bell Works, the borrower is permitted to defease the Bell Works whole loan at any time after the earlier to occur of (i) the end of the two-year period commencing on the closing date of the securitization of the last note comprising the whole loan to be securitized or (ii) April 8, 2026. The assumed defeasance lockout period of 25 payments is based on the closing date of this transaction in June 2022. The actual lockout period may be longer. |
A-1-39 |
With respect to Loan No. 8, ILPT Logistics Portfolio, the borrowers may release one or more of the mortgaged properties to a third-party purchaser subject to satisfaction of conditions set forth in the ILPT Logistics Portfolio whole loan documents, including, without limitation, (i) no event of default exists under the ILPT Logistics Portfolio whole loan, (ii) the satisfaction of certain REMIC requirements, (iii) prepayment of the ILPT Logistics Portfolio whole loan in an amount equal to the lesser of 115% of the allocated loan amount of such mortgaged property or mortgaged properties and the outstanding principal balance of the ILPT Logistics Portfolio whole loan, (iv) the debt yield after giving effect to such release is not less than the greater of 6.24% and the debt yield immediately prior to the release, (v) payment of any applicable yield maintenance premium, and (vi) other standard market provisions such as the payment of lender’s out-of-pocket expenses and simultaneous prepayment of each of the mezzanine loans. In addition, the borrowers may obtain the release of any individual mortgaged property to cure a default or event of default related to such mortgaged property, but only if (i) (a) prior to obtaining such release, the borrowers use commercially reasonable efforts to cure such default or event of default (which efforts will not require any capital contributions to be made to the borrowers or guarantor or the use of any operating income or rents from any other mortgaged property to effectuate such cure) or (b) such event of default is related to an environmental condition at any mortgaged property and (ii) such default or event of default was not caused by the borrowers or any of their affiliates in bad faith to circumvent the foregoing release requirements. Any such release will be subject to the same requirements for partial release as set forth above, except that the conditions relating to lack of an event of default and the required debt yield for such release will not apply. | |
With respect to Loan No. 9, Phoenix Industrial Portfolio VIII, after the expiration of the related lockout period, the related borrower may release the West Mifflin, PA, Mossville, IL and Eldon, MO mortgaged properties to a third-party purchaser subject to satisfaction of conditions set forth in the Phoenix Industrial Portfolio VIII whole loan documents, including, without limitation, (i) no event of default exists under the Phoenix Industrial Portfolio VIII whole loan; (ii) the borrower delivers defeasance collateral in an amount equal to the greater of (a) 115% of the allocated loan amount for such mortgaged property and (b) 90% of the net proceeds of the sale of such mortgaged property; (iii) after giving effect to such release, (a) the debt service coverage ratio based on the trailing 12 months is at least equal to the greater of (A) the debt service coverage ratio immediately preceding such release and (B) 1.55x, (b) the debt yield for the remaining mortgaged properties following the release is at least equal to the greater of (A) the debt yield immediately preceding such release and (B) 10.8%, and (c) the loan-to-value ratio for the remaining mortgaged properties following the release does not exceed the lesser of (A) the loan-to-value ratio for all of the mortgaged properties prior to the release or (B) 64.6%; (iv) the borrower pays all of the lender’s out-of-pocket costs and expenses incurred in connection with such release (including, without limitation, reasonable legal fees); and (v) satisfaction of customary REMIC requirements. The borrowers are also permitted to release certain vacant portions of the Church Hill, TN, West Mifflin, PA and Eldon, MO mortgaged properties without defeasance or prepayment, provided that certain conditions, including among others, conditions relating to separate tax lots, compliance with zoning, parking and other legal requirements, and compliance with REMIC regulations, are satisfied. With respect to Loan No. 12, The Shoppes at Eagle Point, defeasance of The Shoppes at Eagle Point whole loan is permitted at any time after the end of the two-year period commencing on the closing date of the securitization of the last note comprising The Shoppes at Eagle Point whole loan to be securitized. The assumed defeasance lockout period of 25 payments is based on the closing date of this transaction in June 2022. The actual lockout period may be longer. With respect to Loan No. 14, Twin Spans Business Park and Delaware River Industrial Park, at any time after the lockout period, the borrower may release a mortgaged property, upon certain conditions being met, among other things, (i) no event of default, (ii) the borrower defeases the portion of the Twin Spans Business Park and Delaware River Industrial Park whole loan equal to the sum of the release price of the mortgaged property being released and any applicable Partial Release Rebalancing Amount (as defined below) (together with all accrued and unpaid interest on the principal amount being defeased), (iii) the debt service coverage ratio of the remaining mortgaged properties immediately after release is no less than the greater of (x) 2.21x and (y) the debt service coverage ratio immediately prior to the release, (iv) a debt yield no less than the greater of (x) 8.6% and (y) the debt yield immediately prior to the release and (v) the loan-to-value ratio for the remaining mortgaged properties will be no greater than the lesser of (x) 61.5% and (y) the loan-to-value ratio for all of the then-remaining mortgaged properties (including the mortgaged property to be released) immediately preceding the release. In the event that any of the required debt service coverage ratio, loan-to-value ratio, and/or debt yield requirements are not satisfied in connection with the proposed release of such mortgaged property, and provided that all other requirements of the loan agreement are satisfied, the borrower may satisfy such debt service coverage ratio, loan-to-value ratio, and/or |
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debt yield requirements by defeasing a portion of the whole loan equal to an amount that, when deducted from the then outstanding principal balance of the whole loan, would result in a debt service coverage ratio, loan-to-value ratio, and debt yield that satisfies the applicable requirements of the loan agreement (such amount, the “Partial Release Rebalancing Amount”). | |
With respect to Loan No. 15, Stockton Self Storage Portfolio, following the defeasance lockout period, and provided no event of default then exists, the loan documents permit the release of the Beckman Road Industrial mortgaged property, and, solely in the event that the California Department of Transportation commences an eminent domain proceeding with respect to the Eight Mile Road Self Storage mortgaged property, the Eight Mile Road Self Storage mortgaged property upon the borrower defeasing a portion of the mortgage loan in the amount equal to the greatest of (a) 110% of the allocated loan amount for the mortgaged property to be released, (b) the amount which would result in the LTV on the remaining mortgaged properties, after giving effect to such release, being not greater than 49.1%, (c) the DSCR on the remaining mortgaged properties, after giving effect to such release, being not less than 1.60x and (d) the debt yield on the remaining mortgaged properties, after giving effect to such release, being not less than 10.4%. With respect to Loan No. 23, Oak Ridge Office Park, the borrower is permitted to defease the Oak Ridge Office Park whole loan in whole or in part at any time after earlier of (i) the end of the two-year period commencing on the closing date of the securitization of the last note comprising the Oak Ridge Office Park whole loan to be securitized or (ii) October 29, 2025. The assumed defeasance lockout period of 31 payments is based on the closing date of this transaction in June 2022. The actual lockout period may be longer. With respect to Loan No. 23, Oak Ridge Office Park, the borrowers have the right to release a release parcel, upon the satisfaction of certain conditions, including, among other things, (i) no event of default is continuing, (ii) the borrower pays an amount equal to the greater of (a) 100% of the net sale proceeds for the release parcel, or (b) 125% of the allocated loan amount for the release parcel, (iii) the debt yield is not less than the greater of (a) 9.51% and (b) the debt yield immediately preceding such partial release, (iv) the LTV is not greater than the lesser of (a) 62.8% and (b) the LTV immediately preceding such partial release and (v) the REMIC release requirements are satisfied. With respect to Loan No. 29, Moonwater Office Portfolio, the borrower is permitted to defease the Moonwater Office Portfolio whole loan at any time after the end of the two-year period commencing on the Closing Date. The assumed defeasance lockout period of 29 payments is based on the closing date of this transaction in June 2022. The actual lockout period may be longer. With respect to Loan No. 29, Moonwater Office Portfolio, at any time after the lockout period and upon proper exercise by the NV Energy tenant of an NV Energy purchase option in accordance with the express terms of the NV Energy lease, the borrower has the one-time right to release the 6226 West Sahara Avenue mortgaged property and/or the 6543 Las Vegas Boulevard South mortgaged property upon the satisfaction of certain conditions, including, among other things, (i) no event of default is continuing, (ii) the borrower (A) prepays the portion of the Moonwater Office Portfolio whole loan equal to the greater of (a) 100% of the net sales proceeds with respect to such mortgaged property and (b) 120% of the allocated loan amount for such mortgaged property, (B) pays any applicable interest shortfall and (C) pays to the lender the yield maintenance premium to the extent that such prepayment occurs at any time other than during the open prepayment period, (iii) the debt service coverage ratio of the remaining mortgaged properties immediately after release will no less than the greater of (x) the debt service coverage ratio immediately prior to the release and (y) the debt service coverage ratio as of the origination date, (iv) a debt yield no less than the greater of (x) the debt yield immediately prior to the release and (y) the debt yield as of the origination date and (v) the loan-to-value ratio for the remaining mortgaged properties will be no greater than the lesser of (x) the loan-to-value ratio immediately prior to the release and (y) the loan-to-value ratio for all of the then-remaining mortgaged properties (including the mortgaged property to be released) as of the origination date. | |
(13) | Refers to (a) debt secured by the mortgaged property, (b) mezzanine debt and (c) preferred equity. See “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness,” “—Preferred Equity” and “Certain Legal Aspects of the Mortgage Loans” in the preliminary prospectus for information related to mortgage loans with |
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subordinate, mezzanine or other additional debt or preferred equity that permit subordinate, mezzanine or other additional debt in the future. | |
With respect to Loan No. 8, ILPT Logistics Portfolio, the mortgage loan is part of a whole loan evidenced by 13 senior pari passu notes with an aggregate outstanding principal balance as of the Cut-off Date of approximately $341.1 million (collectively, the “ILPT Logistics Portfolio A Notes”) and five pari passu promissory notes that are subordinate to the ILPT Logistics Portfolio A Notes with an aggregate outstanding principal balance as of the Cut-off Date of approximately $103.9 million. Additionally, two mezzanine loans were originated with an aggregate outstanding principal balance as of the Cut-off Date of $255.0 million consisting of five senior mezzanine promissory notes with an aggregate outstanding principal balance as of the Cut-off Date of $175.0 million and five junior mezzanine promissory notes with an aggregate outstanding principal balance as of the Cut-off Date of $80.0 million. With respect to Loan No. 9, Phoenix Industrial Portfolio VIII, the borrowers are permitted to obtain a mezzanine loan subject to the satisfaction of certain conditions including, but not limited to: (i) the loan-to-value ratio on the aggregate of the mortgage loan and the mezzanine loan is not greater than 64.6%, (ii) the trailing 12-month period debt service coverage ratio on the aggregate of the mortgage loan and the mezzanine loan is equal to or greater than 1.55x, (iii) the debt yield on the aggregate of the mortgage loan and the mezzanine loan is equal to or greater than 10.8%, (iv) the lender has approved the mezzanine loan, and (v) the lender has received a rating agency confirmation. With respect to Loan No. 19, 4S Ranch Village Center, future mezzanine debt is permitted provided that, among other conditions (i) no event of default has occurred and is continuing, (ii) the combined loan-to-value ratio is no greater than 50.0%, (iii) the combined debt service coverage ratio is no less than 1.74x; (iv) the combined debt yield |
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is no less than 10.5%, (v) the mezzanine lender enters into an intercreditor agreement satisfactory to the lender and (vi) the borrower obtains rating agency confirmation. | |
(14) | The Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Whole Loan Underwritten NCF DSCR (x) and Total Debt Underwritten NCF DSCR (x) for all partial interest-only mortgage loans were calculated based on the first 12 principal and interest payments after the Origination Date during the term of the mortgage loan. With respect to Loan No. 2, Yorkshire & Lexington Towers, the Underwritten Net Operating Income and Underwritten Net Cash Flow include disbursements from a supplemental income reserve of $5,226,004. |
(15) | In certain cases, Underwritten TI / LC ($) is inclusive of certain credits for upfront reserves taken at closing. With respect to Loan No. 4, 3075 Olcott, the underwritten TI/LC figure is $0.00 per square foot as the whole loan features a major tenant TI/LC reserve that will sweep 18 months of excess cash flow (approximately $9.8 million) prior to loan maturity. With respect to Loan No. 7, Bell Works, a $850,000 credit for the $8,500,000 tenant improvement and leasing commissions escrow was underwritten on the whole loan. The $8,500,000 initial deposit was placed into a reserve and disbursements can be made for tenant improvements and leasing commissions. With respect to Loan No. 9, Phoenix Industrial Portfolio VIII, a $150,000 credit for the $1,500,000 tenant improvement and leasing commissions escrow was underwritten on the whole loan. The $1,500,000 initial deposit was placed into a reserve and disbursements can be made for tenant improvements and leasing commissions. With respect to Loan No. 11, Perry Hall Centre and Perry Hall Square, a $88,186 credit for the approximately $881,860 tenant improvement and leasing commissions escrow was underwritten on the mortgage loan. The approximately $881,860 initial deposit was placed into a reserve and disbursements can be made for tenant improvements and leasing commissions. With respect to Loan No. 11, Perry Hall Centre and Perry Hall Square, a $25,000 credit for the $250,000 replacement reserve was underwritten on the mortgage loan. The $250,000 initial deposit was placed into a reserve and disbursements can be made for capital expenditures. With respect to Loan No. 22, Church Ranch Corporate Center, a $61,000 credit for the $610,000 tenant improvement and leasing commissions escrow was underwritten on the mortgage loan. The $610,000 initial deposit was placed into a reserve and disbursements can be made for tenant improvements and leasing commissions. With respect to Loan No. 26, Rosedale & Soundview, a $10,000 credit for the $100,000 tenant improvement and leasing commissions escrow was underwritten on the mortgage loan. The $100,000 initial deposit was placed into a reserve and disbursements can be made for tenant improvements and leasing commissions. |
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With respect to Loan No. 27, Panther Lake Shopping Center, a $50,000 credit for the $500,000 tenant improvement and leasing commissions escrow was underwritten on the mortgage loan. The $500,000 initial deposit was placed into a reserve and disbursements can be made for tenant improvements and leasing commissions. | |
With respect to Loan No. 31, Nona Commons, a $20,000 credit for the $200,000 tenant improvement and leasing commissions escrow was underwritten on the mortgage loan. The $200,000 initial deposit was placed into a reserve and disbursements can be made for tenant improvements and leasing commissions. With respect to Loan No. 34, Centennial Plaza, a $25,000 credit for the $250,000 tenant improvement and leasing commissions escrow was underwritten on the mortgage loan. The $250,000 initial deposit was placed into a reserve and disbursements can be made for tenant improvements and leasing commissions. With respect to Loan No. 36, South Valley Center, a $16,000 credit for the $160,000 tenant improvement and leasing commissions escrow was underwritten on the mortgage loan. The $160,000 initial deposit was placed into a reserve and disbursements can be made for tenant improvements and leasing commissions. With respect to Loan No. 36, South Valley Center, a $1,500 credit for the $15,000 replacement reserve was underwritten on the mortgage loan. The $15,000 initial deposit was placed into a reserve and disbursements can be made for capital expenditures. With respect to Loan No. 48, Hartsville Crossing, a $20,000 credit for the $200,000 tenant improvement and leasing commissions escrow was underwritten on the mortgage loan. The $200,000 initial deposit was placed into a reserve and disbursements can be made for tenant improvements and leasing commissions. | |
(16) | With respect to some mortgage loans, historical financial information may not be available as a result of acquisition financing and/or recent construction. With respect to Loan No. 4, 3075 Olcott, historical financial information is not available because the mortgaged property was built in 2022. With respect to Loan No. 5, 70 Hudson Street, historical financials prior to 2019 are not available because the mortgaged property was renovated in 2018. With respect to Loan No. 6, ExchangeRight Net Leased Portfolio #55, historical financial information is not available as the mortgaged properties are occupied by single tenants. With respect to Loan No. 10, BVG Portfolio III, historical information prior to 2020 is not available as the mortgaged properties were acquired in a series of transactions between June 2018 and September 2019. With respect to Loan No. 12, The Shoppes at Eagle Point, historical financials prior to 2020 are not available because the mortgaged property was built in fall of 2018 and was leasing up in 2019. With respect to Loan No. 13, Village at Mitchell Ranch, historical financials prior to 2020 are not available because the mortgaged property was built in 2019. With respect to Loan No. 32, Walgreens - St Paul, historical financial information was not available as the mortgaged property is occupied by a single tenant. With respect to Loan No. 39, 965-977 Frankford Avenue, historical financial information was not available as the mortgaged property was built in 2021. With respect to Loan No. 40, Home2 Suites Bedford, historical financials prior to 2020 are not available as the mortgaged property was built in 2019. With respect to Loan No. 41, Edwards Landing Apartments, historical financials prior to 2021 are not available because the mortgaged property was built in 2019 and was leasing up in 2020. |
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With respect to Loan No. 44, 275 Commerce, historical financial information is not available as the mortgaged property was purchased distressed in July 2021. | |
(17) | With respect to Loan No. 12, The Shoppes at Eagle Point, the borrower transferred the fee interest in the mortgaged property to the Industrial Development Board of Cookeville ("IDB") in connection with a PILOT program and retained the leasehold interest. The leasehold interest will convert to a fee interest when the ground lease expires on October 31, 2038. The fee interest has been subordinated to the leasehold mortgage. With respect to Loan No. 35, Great American Self Storage, the mortgaged property is subject to a 34-year ground lease with the borrower, as lessee, that is scheduled to expire on April 30, 2040, with three, five-year renewal options remaining. |
(18) | Represents the amount deposited by the borrower at origination. All or a portion of this amount may have been released pursuant to the terms of the related mortgage loan documents. |
(19) | Represents the monthly amounts required to be deposited by the borrower. The monthly collected amounts may be increased or decreased pursuant to the terms of the related mortgage loan documents. In certain other cases, all excess cash flow will be swept into reserve accounts in the event of certain conditions being triggered in the respective mortgage loan documents. With respect to Loan No. 2, Yorkshire & Lexington Towers, the guarantors are required to provide a carry guaranty acceptable to the lender until a debt yield on the total debt of at least 5.0% has been achieved (without taking into account any disbursement of Supplemental Income Reserve funds) for one calendar quarter, provided no event of default then exists. On a quarterly basis after May 2023, if the lender, in its reasonable discretion, determines that additional deposits to the Supplemental Income Reserve are required to achieve a debt yield of 5.0% for the period ending on the 12 month anniversary of the first annual determination of such requirement, the borrower will be required to make such additional deposits to the Supplemental Income Reserve within 15-business days’ notice, which obligation will be guaranteed by the guarantors pursuant to the Carry Guaranty. Notwithstanding the foregoing, such Carry Guaranty will be limited to the amounts required to be deposited into the Supplemental Income Reserve on a quarterly basis. With respect to Loan No. 3, 1888 Century Park East, upon a trigger period, the borrower will be required to deposit 1/12th of $0.20 times the aggregate amount of rentable square feet of the mortgaged property (capital expenditure reserve monthly deposit) on each payment date, until the balance of the capital expenditure account reaches an amount equal to 24 times the required monthly deposit ($201,004). With respect to Loan No. 3, 1888 Century Park East, upon a trigger period, the borrower will be required to deposit 1/12th of $1.50 times the aggregate amount of rentable square feet of the mortgaged property (TI/LC reserve monthly deposit) on each payment date, until the balance of the TI/LC reserve account reaches an amount equal to 24 times the required monthly deposit ($1,507,530). With respect to Loan No. 3, 1888 Century Park East, upon a trigger period, the borrower will be required to deposit an amount equal to 1/12th of the taxes that the lender estimates will be payable during the next 12 months (tax reserve monthly deposit) on each payment date. With respect to Loan No. 3, 1888 Century Park East, upon a trigger period, the borrower will be required to deposit an amount equal to 1/12th of the insurance premiums that the lender estimates will be payable for the renewal of coverage (insurance reserve monthly deposit) on each payment date. With respect to Loan No. 4, 3075 Olcott, on a monthly basis, the borrower is required to deposit approximately $4,110 for replacement reserves, subject to a cap of approximately $147,964. Notwithstanding the foregoing, for so long as (x) the Amazon.com Services LLC (“AWS”) lease is in full force and effect and the entirety of the mortgaged property is leased to AWS and no less than 12 months remain under its lease term and (y) no material tenant trigger event is continuing, the lender waives the monthly replacement reserve deposits requirement. |
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With respect to Loan No. 4, 3075 Olcott, on a monthly basis, the borrower is required to deposit $41,101 for rollover reserves, subject to a cap of $1,479,636. Notwithstanding the foregoing, for so long as the AWS lease is in full force and effect and the entirety of the mortgaged property is leased to AWS, the lender waives the monthly rollover reserve deposits requirement. The borrower is required to deposit with the lender all amounts paid to the borrower in connection with, among other things, any termination, surrender, cancellation or buy-out of any lease (in whole or in part) (including in connection with the exercise of any contraction option) (the “Extraordinary Lease Payments”), which the lender is required to disburse in accordance with the 3075 Olcott whole loan documents. Any Extraordinary Lease Payments remaining after the applicable premises have been re-tenanted, the applicable tenant is in occupancy and paying full, unabated rent, will be released to the borrower. | |
With respect to Loan No. 7, Bell Works, the borrower will be required to deposit $114,289.17 (leasing reserve monthly deposit) on each payment date until the balance of the leasing reserve funds reaches an amount equals or exceeds $8,500,000. With respect to Loan No. 7, Bell Works, if the lender determines that the liability policy maintained by the borrower is insufficient, the lender will require the borrower to obtain a separate policy and the borrower is required to pay 1/12th of the insurance premiums that the lender reasonably estimates will be payable for the renewal of the coverage afforded by the policies upon the expiration thereof in order to accumulate with the lender sufficient funds to pay all such insurance premiums. With respect to Loan No. 7, Bell Works, on each monthly payment date from July 2024 through and including the monthly payment date in June 2026, the borrower will be required to deposit $82,130.21 (put price reserve monthly deposit) on each payment date; provided that, if the borrower delivers to the lender a letter of credit in an amount not less than the put option exercise amount as determined by the lender, which letter of credit will serve as additional collateral for the whole loan, then the borrower’s obligation to make the put price reserve monthly deposit will be suspended for so long as such letter of credit remains outstanding. With respect to Loan No. 8, ILPT Logistics Portfolio, on each monthly payment date during a trigger period, subject to certain exceptions set forth in the ILPT Logistics Portfolio whole loan documents, the borrowers are required to deposit into a real estate tax reserve 1/12th of the taxes that the lender estimates will be payable by the borrowers over the next-ensuing 12-month period (excluding from such amount any taxes that are required to be paid directly by a tenant pursuant to its leases, provided that such tenant is not in default under its lease and no less than 12 months remain on the term of any such lease). With respect to Loan No. 8, ILPT Logistics Portfolio, on each monthly payment date during a trigger period, the borrowers are required to deposit into an insurance reserve 1/12th of an amount which would be sufficient to pay the insurance premium due by the borrowers for the renewal of the coverage afforded by the insurance policies; provided, however, such insurance reserve has been conditionally waived so long as the borrowers maintain a blanket policy meeting the requirements of the ILPT Logistics Portfolio whole loan documents. With respect to Loan No. 8, ILPT Logistics Portfolio, on each monthly payment date during a trigger period, the borrowers are required to deposit into a replacement reserve an amount equal to approximately $226,780. With respect to Loan No. 8, ILPT Logistics Portfolio, on each monthly payment date during a trigger period, the borrowers are required to deposit into a TI/LC reserve an amount equal to approximately $117,979. Additionally, during a trigger period, the borrowers are required to deposit into such TI/LC reserve any lease termination fees required to be deposited with the lender pursuant to the ILPT Logistics Portfolio whole loan documents. With respect to Loan No. 9, Phoenix Industrial Portfolio VIII, on a monthly basis, the borrowers are required to deposit 1/12th of an amount which would be sufficient to pay insurance premiums for the renewal of coverages (currently equivalent to approximately $19,049 a month); provided, such monthly deposits will be waived so long as the borrowers maintain a blanket insurance policy acceptable to the lender. With respect to Loan No. 11, Perry Hall Centre and Perry Hall Square, at any time the balance of the capital expenditure reserve is less than $105,000 (capital expenditure reserve cap), the borrower will be required to deposit $2,896.93 (capital expenditure reserve monthly deposit) on each payment date. | |
With respect to Loan No. 12, The Shoppes at Eagle Point, so long as the PILOT program is still in effect, the monthly tax deposit will be waived until October 6, 2026, at which time for so long as the PILOT program is still in effect, the monthly tax deposit will be based on the unassigned PILOT payment of $30,000, which amount will be due and payable pursuant to the ground lease. Notwithstanding the foregoing, the borrower will not be required to make the monthly tax deposit with respect to the unassigned PILOT payment if (i) no event of default has occurred and is |
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continuing and (ii) the borrower delivers to the lender evidence that such unassigned PILOT payment has been made as required by the ground lease. With respect to Loan No. 12, The Shoppes at Eagle Point, the borrower is not required to make monthly insurance deposits so long as (i) no event of default has occurred, (ii) an acceptable blanket or umbrella insurance policy is in place, (iii) the borrower provides the lender with evidence of the renewal of such policies required under the terms of the mortgage loan documents, and (iv) the borrower provides to the lender paid receipts for the payment of all insurance premiums by no later than ten business days following the expiration dates of the insurance policies. With respect to Loan No. 14, Twin Spans Business Park and Delaware River Industrial Park, upon a trigger period, the borrower will be required to deposit $18,166.81 (capital expenditure reserve monthly deposit) on each payment date. With respect to Loan No. 14, Twin Spans Business Park and Delaware River Industrial Park, upon a trigger period, the borrower will be required to deposit $27,250.21 (TI/LC reserve monthly deposit) on each payment date. With respect to Loan No. 14, Twin Spans Business Park and Delaware River Industrial Park, upon a trigger period, if the lender determines that the liability policy maintained by the borrower is insufficient, the lender will require borrower to obtain a separate policy and the borrower is required to pay 1/12th of the insurance premiums that the lender reasonably estimates will be payable for the renewal of the coverage afforded by the policies upon the expiration thereof in order to accumulate with the lender sufficient funds to pay all such insurance premiums. With respect to Loan No. 19, 4S Ranch Village Center, monthly deposits to the rollover reserve subaccount will be suspended so long as (i) the amount on deposit is not less than $112,346 and the loan-to-value ratio is 50%, as determined by the lender based on a then current appraisal, or (ii) the amount on deposit is not less than $280,865 and the loan-to-value ratio is greater than 50% but less than 60%; provided, however, that the borrower will be required to resume deposits on the first payment date that occurs after the balance in such rollover reserve subaccount falls below such amount. With respect to Loan No. 20, The Summit, upon a cash sweep period, the borrower will be required to deposit $15,121.77 (capital expenditure reserve monthly deposit) on each payment date. With respect to Loan No. 20, The Summit, upon a cash sweep period, the borrower will be required to deposit an amount equal to 1/12th of $1.50 per square foot of $113,413.25 for tenant improvement and leasing commission obligations on each payment date. With respect to Loan No. 20, The Summit, upon a cash sweep period, the borrower will be required to deposit an amount equal to 1/12th of the taxes that the lender estimates will be payable during the next 12 months (tax reserve monthly deposit) on each payment date. | |
With respect to Loan No. 20, The Summit, upon a cash sweep period, if the lender determines that the liability policy maintained by the borrower is insufficient, the borrower will be required to deposit an amount equal to 1/12th of the insurance premiums that the lender estimates will be payable for the renewal of coverage in order to accumulate with the lender sufficient funds to pay such insurance premiums (insurance reserve monthly deposit) on each payment date. With respect to Loan No. 21, Hamilton Commons, so long as no event of default has occurred and is continuing and provided the borrower has delivered evidence reasonably satisfactory to the lender of a fully paid blanket insurance policy covering the mortgaged property, monthly deposits into the insurance escrow account will be suspended. As of the origination date, the Hamilton Commons mortgaged property was insured under a blanket insurance policy. With respect to Loan No. 21, Hamilton Commons, so long as (i) no event of default has occurred and is continuing, (ii) the Outback lease is in full force and effect and (iii) Outback has timely paid directly to the appropriate governmental taxing authority all real estate taxes allocable to the Outback premises (and the borrower has provided the lender with evidence prior to the applicable delinquency date) (collectively, the “Outback Premises Tax Escrow Waiver Requirements”), then in calculating the amount of monthly deposits for the tax reserve, the lender will not include the amount of real estate taxes allocable to the Outback premises; provided however, that from and after the date that any of the Outback Premises Tax Escrow Waiver Requirements fail to be satisfied and until such time as all of the Outback Premises Tax Escrow Waiver Requirements are satisfied again, the amount of real estate taxes allocable to the Outback premises will be included in the calculation of the monthly deposits for real estate taxes. For avoidance of doubt, regardless of whether the Outback Premises Tax Escrow Waiver Requirements are satisfied, the borrower will remain responsible to the lender to pay all real estate taxes allocable to the Outback premises and any failure to pay such real estate taxes will be an event of default. |
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With respect to Loan No. 21, Hamilton Commons, in the event that the debt service coverage ratio is less than 1.75x, the borrowers will be required to deposit on each payment date an amount equal to 1/12th of the product obtained by multiplying $1.00 by the aggregate number of rentable square feet of space at the mortgaged property (initially $33,587.50 per month) into the enhanced reserve subaccount. With respect to Loan No. 22, Church Ranch Corporate Center, on each payment date, the borrower will be required to deposit $20,000 during the first two years after the closing date and $10,376 thereafter for tenant improvement and leasing commission obligations on each payment date until the balance of the TI/LC reserve reaches an amount equal to or exceeds $1,000,000. With respect to Loan No. 23, Oak Ridge Office Park, the borrower is not required to make monthly insurance deposit as long as (i) no event of default has occurred, (ii) the borrower provides evidence wholly satisfactory to the lender that the insurance coverages required are being maintained under an acceptable blanket insurance policy and (iii) the borrower maintains $29,584.51 in a static insurance reserve. With respect to Loan No. 24, Kalamazoo Distribution Center, so long as (i) no event of default has occurred and is continuing, (ii) the borrower maintains a blanket insurance policy that is approved by the lender and (iii) the borrower provides evidence of renewal of such policy and paid receipts for the payment of the insurance premiums by no later than ten days prior to the expiration of the policy and 30 days prior to the delinquency of payment, the borrower will not be required to make monthly insurance deposits into the tax and insurance escrow subaccount. As of the origination date, the Kalamazoo Distribution Center mortgaged property was insured under a blanket insurance policy. | |
With respect to Loan No. 24, Kalamazoo Distribution Center, on each payment occurring during the continuance of a lease sweep period with respect to (i) the Abraxas lease, the borrower will be required to deposit $58,333 per month to the special rollover reserve subaccount, subject to a cap of $350,000, (ii) the Kenco lease, the borrower will be required to deposit $50,000 per month into the special rollover reserve subaccount (for the avoidance of doubt, if a lease sweep period is caused by both the Abraxas and Kenco leases, the maximum amount to be deposited will be $108,333 per month), subject to a cap of $300,000, or (iii) if the Kalsec lease and any other major lease other than the Abraxas lease or Kenco lease, provided no other cash management period is then continuing all available cash (or such portion of available cash) that will be allocated by the lender for deposit into the special rollover reserve subaccount, the foregoing amounts referenced in clauses (i), (ii) and (iii) will be transferred by the lender into the special rollover reserve subaccount. The borrower has the option to submit a letter of credit with respect to a lease sweep period caused by either the Abraxas lease or Kenco lease, as applicable, in lieu of making monthly deposits. With respect to Loan No. 26, Rosedale & Soundview, on each monthly payment date, the borrower is required to deposit into an insurance reserve 1/12th of an amount which would be sufficient to pay the insurance premium due by the borrower for the renewal of the coverage afforded by the insurance policies; provided, however, such insurance reserve has been conditionally waived so long as the borrower maintains a blanket policy meeting the requirements of the Rosedale & Soundview mortgage loan documents. With respect to Loan No. 26, Rosedale & Soundview, on each monthly payment date during a material tenant trigger event period, the borrower is required to deposit with the lender the greater of (A) an amount equal to 1/12th of the applicable material tenant rollover funds cap and (B) all material tenant trigger event excess cash flow (in each case, subject to the applicable material tenant rollover funds cap) for tenant allowances, tenant improvement costs and leasing commissions that may be incurred or required to be reimbursed by the borrower in connection with an acceptable material tenant lease extension or an acceptable material tenant space re-tenanting event. For the avoidance of doubt, in the event of a material tenant trigger event relating to a material tenant lease other than the Western Beef-Rosedale Avenue, Inc. lease or the Cee & Cee S.B. L.L.C. lease, the amount required to be deposited will be equal to all material tenant trigger event excess cash flow. On any monthly payment date where (x) a material tenant trigger event period exists and (y) the material tenant trigger event excess cash flow is less than the amount required to be deposited into the material tenant rollover account (a “Material Tenant Rollover Shortfall”), the borrower is required to deposit with the lender the amount of such Material Tenant Rollover Shortfall on the applicable monthly payment date. The material tenant rollover reserve is subject to a cap equal to (i) in the event of a material tenant trigger event period relating to the largest tenant at the mortgaged property, Western Beef-Rosedale Avenue, Inc., $600,000, (ii) in the event of a material tenant trigger event period relating to the second largest tenant at the mortgaged property, Cee & Cee S.B. L.L.C., $500,000 or (iii) in the event of a material tenant trigger event period relating to any other material tenant, an amount equal to the product of (a) the total rentable square footage under such material tenant’s lease and (b) $20.00. In the event that there is an expansion to the premises covered by either the Western Beef-Rosedale Avenue, Inc. lease or the Cee & Cee S.B. L.L.C. lease relative to the total rentable square footage leased as of the origination date, the applicable material tenant rollover |
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reserve cap will be increased by an amount equal to the product of (a) the total rentable square footage of such expansion and (b) $20.00. | |
With respect to Loan No. 26, Rosedale & Soundview, in the event that the borrower enters into an acceptable material tenant lease extension, the borrower may deposit with the lender an amount equal to the full amount of outstanding free rents, rent abatements or other rent concessions (including any free rents, rent abatements or rent concessions imputed by the lender to any period prior to the commencement of the actual free rent or rent abatement period and/or the actual rent commencement date) under such acceptable material tenant lease extension in order to satisfy the condition requiring the material tenant to pay full unabated rent. With respect to Loan No. 29, Moonwater Office Portfolio, upon a trigger period, the borrower will be required to deposit an amount equal to the estimated current rent payable by NV Energy tenant under the related lease from the first day of the month during when such trigger period occurred through the date of the next semi-annual payment of rent from NV Energy tenant. With respect to Loan No. 30, Magnolia Square, the borrower will be required to deposit $6,737.88 (leasing reserve monthly deposit) on each payment date until the balance of the leasing reserve funds reaches an amount equals or exceeds $538,000. With respect to Loan No. 31, Nona Commons, on each monthly payment date, the borrower is required to deposit with the lender an amount equal to $2,201 for tenant allowances, tenant improvement costs and leasing commissions that may be incurred or required to be reimbursed by the borrower. Notwithstanding the foregoing, the amount of the rollover funds on deposit in the rollover account (excluding the amount, if any, on deposit in the rollover extraordinary lease payment sub-account), net of any outstanding disbursement requests therefrom, may not exceed $200,000 (the "Rollover Funds Cap"). For purposes of clarification, if, on any monthly payment date after the amount of the rollover funds on deposit in the rollover account (excluding the amount, if any, on deposit in the rollover extraordinary lease payment sub-account) is equal to the Rollover Funds Cap, the amount of the rollover funds on deposit in the rollover account (excluding the amount, if any, on deposit in the rollover extraordinary lease payment sub-account) is less than $100,000, the borrower is required to make the monthly rollover deposit on such monthly payment date in accordance with the terms in the mortgage loan documents until such time that the amount of the rollover funds on deposit in the rollover account (excluding the amount, if any, on deposit in the rollover extraordinary lease payment sub-account) is again equal to the Rollover Funds Cap. The borrower is required to deposit, or cause to be deposited, with the lender all amounts paid to the borrower in connection with (i) any modification or amendment of any lease, (ii) any consent (including any consent to an assignment or sublease of any lease) or waiver by the borrower of any term, condition or provision under any lease, (iii) any settlement of claims of the borrower against third parties in connection with any lease, (iv) any rejection, termination, surrender, cancellation or buy-out of any lease (in whole or in part) (including in connection with the exercise of any contraction option or any bankruptcy action and including any payment relating to unamortized tenant allowances, tenant improvements and/or leasing commissions), and (v) any other extraordinary event pursuant to which the borrower receives payment (in whatever form) derived from or generated by the use, ownership or operation of the mortgaged property not otherwise covered by the mortgage loan agreement or the cash management agreement, in each case, with respect to clauses (i), (ii), (iii), (iv) and (v), net of reasonable, out-of-pocket costs and expenses, if any, incurred by the borrower. | |
With respect to Loan No. 31, Nona Commons, on each monthly payment date during a material tenant trigger event period, the borrower is required to deposit with the lender all material tenant trigger event excess cash flow for tenant allowances, tenant improvement costs and leasing commissions that may be incurred or required to be reimbursed by the borrower in connection with an acceptable material tenant lease extension or an acceptable material tenant space re-tenanting event. If, at any time or from time to time, there is more than one material tenant, the lender is required to establish a separate sub-account of the material tenant rollover account for each such material tenant. During the continuation of a material tenant trigger event period relating to any material tenant, its material tenant lease or its lease guarantor, the amount of the material tenant rollover funds deposited into the material tenant rollover account (if, as of the date of determination, there is only one material tenant) or the applicable material tenant rollover sub-account (if, as of the date of determination, there is more than one material tenant) may not exceed an aggregate amount equal to $15.00 per square foot of the applicable material tenant space as of the commencement of such material tenant trigger event period. With respect to Loan No. 32, Walgreens - St Paul, upon a trigger period, the borrower will be required to deposit $130.27 (capital expenditure reserve monthly deposit) on each payment date. With respect to Loan No. 32, Walgreens - St Paul, upon a trigger period, the borrower will be required to deposit $1,302.67 (TI/LC reserve monthly deposit) on each payment date. |
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With respect to Loan No. 32, Walgreens - St Paul, upon an anchor tenant trigger event, the borrower will be required to deposit an amount equal to the excess cash flow generated by the mortgaged property (anchor tenant reserve monthly deposit) on each payment date. With respect to Loan No. 36, South Valley Center, at any time the balance of the capital expenditure reserve account is less than $15,000 (capital expenditure cap amount), the borrower will be required to deposit an amount equal to 1/12th of $0.20 per square foot on each payment date until the balance of the leasing reserve funds reaches an amount equals or exceeds $15,000. With respect to Loan No. 36, South Valley Center, at any time the balance of the TI/LC reserve account is less than $160,000 (TI/LC reserve cap amount), the borrower will be required to deposit an amount equal to 1/12th of $1.00 per square foot for tenant improvement and leasing commission obligations on each payment date until the balance of the leasing reserve funds reaches an amount equals or exceeds $160,000. With respect to Loan No. 36, South Valley Center, upon a critical tenant trigger event, the borrower will be required to deposit $35,000 (critical tenant monthly deposit) on each payment date. | |
With respect to Loan No. 37, 127 8th Avenue Leased Fee, the borrower is not required to make monthly tax deposits so long as: (i) no event of default exists, (ii) the tenant of the 16th and 8th lease pays the taxes directly to the appropriate public office, (iii) the 16th and 8th lease is in full force and effect, and (iv) the borrower delivers evidence that such taxes have been paid in full. With respect to Loan No. 37, 127 8th Avenue Leased Fee, the borrower is not required to make monthly insurance deposits so long as: with respect to (i) any insurance policies under the 16th and 8th lease and (ii) any insurance policies provided by the borrower, (a) no event of default exists, (b) the tenant under the 16th and 8th lease maintains the insurance policies and pays the insurance premiums, (c) the insurance policies are in accordance with the terms of the loan agreement, and (d) the borrower provides proof of such payment to lender. With respect to Loan No. 39, 965-977 Frankford Avenue, starting May 2024, the borrower will be required to deposit $736.33 (capital expenditure reserve monthly deposit) on each payment date. With respect to Loan No. 40, Home2 Suites Bedford, the mortgage loan documents provide for ongoing monthly reserves for furniture, fixtures and equipment (“FF&E”) for the mortgaged property in an amount equal to (i) 1/12th of 2.0% of total revenues of the mortgaged property up to and including the payment date in April 2024 and (ii) 1/12th of 4.0% of total revenues of the mortgaged property thereafter. With respect to Loan No. 43, Shops at The Domain, in the event the Swish Dental lease extension has not been exercised or a Swish Dental re-tenanting event has not occurred on or prior to September 6, 2027, commencing on September 6, 2027, the borrower will be required to deposit an amount equal to $10,000 for approved leasing expenses in connection with the Swish Dental space; provided, however, the borrower will not be required to make the deposit (i) if the balance in the Swish Dental rollover account exceeds $60,000, (ii) following a Swish Dental lease extension, or (iii) following a Swish Dental re-tenanting event. With respect to Loan No. 43, Shops at The Domain, in the event the Sleep Number lease extension has not been exercised or a Sleep Number re-tenanting event has not occurred on or prior to March 6, 2023, commencing on March 6, 2023, the borrower will be required to deposit an amount equal to $10,000 for approved leasing expenses in connection with the Sleep Number space; provided, however, the borrower will not be required to make the deposit (i) if the balance in the Sleep Number rollover account exceeds $60,000, (ii) following a Sleep Number lease extension, or (iii) following a Sleep Number re-tenanting event. With respect to Loan No. 43, Shops at The Domain, in the event the Mattress Firm lease extension has not been exercised or a Mattress Firm re-tenanting event has not occurred on or prior to January 6, 2024, commencing on January 6, 2024, the borrower will be required to deposit an amount equal to $10,000 for approved leasing expenses in connection with the Mattress Firm space; provided, however, the borrower will not be required to make the deposit (i) if the balance in the Mattress Firm rollover account exceeds $60,000, (ii) following a Mattress Firm lease extension, or (iii) following a Mattress Firm re-tenanting event. With respect to Loan No. 45, CVS Pawtucket, the borrower is not required to make monthly tax deposits so long as (i) no event of default exists, (ii) CVS pays the taxes directly to the appropriate public office, (iii) the CVS lease is in full force and effect, and there are no defaults thereunder, (iv) no critical tenant trigger event exists, and (v) the borrower delivers evidence that such taxes have been paid in full. | |
With respect to Loan No. 45, CVS Pawtucket, the borrower is not required to make monthly insurance deposits so long as (i) no event of default exists, (ii) CVS maintains the policies and pays the insurance premiums, (iii) the CVS |
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lease is in full force and effect, and there are no defaults thereunder, (iv) no critical tenant trigger event exists, (v) all insurance is in accordance with the terms of the loan agreement, and (vi) the borrower provides proof of such payments to lender within five days of any such payment. The borrower is required to deposit $83.33 each month for the purpose of terrorism insurance. With respect to Loan No. 46, Candlewood Suites Elgin, on each payment date the borrower will be required to make deposits to the furniture, fixture and equipment (“FF&E”) subaccount in an amount equal to the greater of (a) the monthly amount required to be reserved pursuant to the franchise agreement for the replacement of FF&E but excluding any amounts attributable to a property improvement plan, or (b) 4% of the annual gross revenues of the mortgaged property for the previous 12 month period as determined on the anniversary of the origination date (initially $5,431 per month). With respect to Loan No. 46, Candlewood Suites Elgin, if any time, the franchisor or any approved replacement flag requires a property improvement plan (“PIP”) to be instituted for the mortgaged property in conjunction with the existing franchise agreement or any replacement franchise or license agreement, the borrower is required to deposit with the lender within 15 business days after receipt of the PIP, (i) a completion guaranty in a form satisfactory to the lender for completion of the PIP repairs, and (ii) an amount equal to 120% of the estimated cost to complete all PIP repairs pursuant to the PIP (less any amounts then on deposit in the FF&E reserve subaccount) (the “PIP Deposit Amount”); provided, however, if the borrower fails to deposit the PIP Deposit Amount as required, such failure will cause the commencement of a Franchise Sweep Period (as defined below). On each payment date occurring during the continuance of a Franchise Sweep Period (provided no other cash management period is then continuing), all available cash (or such portion of available cash that will be allocated by the lender for deposit into the property improvement plan reserve subaccount) will be paid to the lender. A “Franchise Sweep Period” will commence on (a) the earlier to occur of (i) the date that is 18 months prior to the expiration date of the any franchise agreement (after giving effect to any renewal option that has been exercised), or (ii) any franchise agreement expires by its terms (and has not otherwise been extended or renewed as of such date) or is surrendered, cancelled or terminated on or prior to its then current expiration date, and/or (b) the date the borrower fails to fund the PIP reserve subaccount. With respect to Loan No. 51, Walgreens McDonough, the borrower is not required to make monthly tax deposits so long as (i) no event of default has occurred and is continuing, (ii) all of the mortgaged property is demised pursuant to the critical tenant lease, (iii) the critical tenant lease is in full force and effect with no defaults, (iv) no critical tenant trigger event has occurred and remains outstanding, (v) the tenant pays all taxes directly to the applicable governmental authorities in a timely manner, and (vi) the borrower provides evidence that taxes have been paid in a timely manner. With respect to Loan No. 51, Walgreens McDonough, the borrower is not required to make monthly insurance deposits so long as (i) no event of default has occurred and is continuing, (ii) all of the mortgaged property is demised pursuant to the critical tenant lease, (iii) the critical tenant lease is in full force and effect with no defaults, (iv) no critical tenant trigger event has occurred and remains outstanding, and (v) the tenant maintains and pays insurance coverage in a timely manner. The borrower is required to deposit $86.33 each month for the purpose of terrorism insurance. With respect to Loan No. 51, Walgreens McDonough, the borrower is not required to make monthly capital expenditure deposits so long as (i) no event of default has occurred and is continuing, (ii) all of the mortgaged property is demised pursuant to the critical tenant lease, (iii) such critical tenant lease is in full force and effect, (iv) no critical tenant trigger event has occurred and remains outstanding, (v) the critical tenant maintains the mortgaged property, including roof and structure, in a good, workmanlike and timely manner, and (vi) the borrower provides to lender evidence of such performance in a timely manner. | |
With respect to Loan No. 56, Walgreens Plainfield, the borrower is not required to make monthly tax deposits so long as (i) no event of default has occurred and is continuing, (ii) all of the mortgaged property is demised pursuant to the critical tenant lease, (iii) the critical tenant lease is in full force and effect with no defaults, (iv) no critical tenant trigger event has occurred and remains outstanding, (v) the tenant pays all taxes directly to the applicable governmental authorities in a timely manner, and (vi) the borrower provides evidence that taxes have been paid in a timely manner. With respect to Loan No. 56, Walgreens Plainfield, the borrower is not required to make monthly insurance deposits so long as (i) no event of default has occurred and is continuing, (ii) all of the mortgaged property is demised pursuant to the critical tenant lease, (iii) the critical tenant lease is in full force and effect with no defaults, (iv) no critical tenant trigger event has occurred and remains outstanding, and (v) the tenant maintains and pays insurance coverage in a timely manner. The borrower is required to deposit $86.33 each month for the purpose of terrorism insurance. |
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With respect to Loan No. 56, Walgreens Plainfield, the borrower is not required to make monthly capital expenditure deposits so long as (i) no event of default has occurred and is continuing, (ii) all of the mortgaged property is demised pursuant to the critical tenant lease, (iii) such critical tenant lease is in full force and effect, (iv) no critical tenant trigger event has occurred and remains outstanding, (v) the critical tenant maintains the mortgaged property, including roof and structure, in a good, workmanlike and timely manner, and (vi) the borrower provides to lender evidence of such performance in a timely manner. With respect to Loan No. 58, Walgreens House Springs, the borrower is not required to make monthly tax deposits so long as (i) no event of default has occurred and is continuing, (ii) all of the mortgaged property is demised pursuant to the critical tenant lease, (iii) the critical tenant lease is in full force and effect with no defaults, (iv) no critical tenant trigger event has occurred and remains outstanding, (v) the tenant pays all taxes directly to the applicable governmental authorities in a timely manner; and (vi) the borrower provides evidence that taxes have been paid in a timely manner. With respect to Loan No. 58, Walgreens House Springs, the borrower is not required to make monthly insurance deposits so long as (i) no event of default has occurred and is continuing, (ii) all of the mortgaged property is demised pursuant to the critical tenant lease, (iii) the critical tenant lease is in full force and effect with no defaults, (iv) no critical tenant trigger event has occurred and remains outstanding, and (v) the tenant maintains and pays insurance coverage in a timely manner. The borrower is required to deposit $86.33 each month for the purpose of terrorism insurance. With respect to Loan No. 58, Walgreens House Springs, the borrower is not required to make monthly capital expenditure deposits so long as (i) no event of default has occurred and is continuing, (ii) all of the mortgaged property is demised pursuant to the critical tenant lease, (iii) such critical tenant lease is in full force and effect, (iv) no critical tenant trigger event has occurred and remains outstanding, (v) the critical tenant maintains the mortgaged property, including roof and structure, in a good, workmanlike and timely manner, and (vi) the borrower provides to lender evidence of such performance in a timely manner. | |
(20) | Represents a cap on the amount required to be deposited by the borrower pursuant to the related mortgage loan documents. In certain cases, during the term of the mortgage loan, the caps may be altered or terminated subject to conditions of the respective mortgage loan documents. With respect to Loan No. 9, Phoenix Industrial Portfolio VIII, on a monthly basis, the borrowers are required to deposit approximately $29,113 for rollover reserves if at any time the balance of the reserve falls below $500,000, until such time as the reserve is restored to a cap of $1,500,000. With respect to Loan No. 18, Sawmill Plaza, the tenant improvement and leasing commission reserve account is subject to a cap of $600,000. With respect to Loan No. 19, 4S Ranch Village Center, the tenant improvement and leasing commission reserve account is subject to a cap of $112,346. The borrower may suspend deposits into the tenant improvement and leasing commission reserve subaccount for so long as (a) the amount on deposit is not less than $112,346 and the loan-to-value ratio is 50%, as determined by the lender based on a then current appraisal acceptable to the lender, or (b) the amount on deposit is not less than $280,865 and the loan-to-value ratio is greater than 50% but less than 60%; provided, however, that the borrower will be required to resume such deposits on the first payment date that occurs after the balance in the tenant improvement and leasing commission reserve subaccount falls below such amount. With respect to Loan No. 21, Hamilton Commons, the tenant improvement and leasing commission reserve account is subject to a cap of $1,511,438. With respect to Loan No. 21, Hamilton Commons, with respect to the enhanced reserve subaccount, the borrowers will not be required to make monthly deposits into the enhanced reserve subaccount as long as (i) the amount on deposit in the enhanced reserve subaccount is greater than or equal to $1,209,150 (the “Enhanced Reserve Cap”) and/or (ii) the debt service coverage ratio is equal to or greater than 2.00x, provided, however, that if at any point prior to the stated maturity date, (1) the balance in the enhanced reserve subaccount again falls below the Enhanced Reserve Cap (unless and for so long as the debt service coverage ratio is equal to or greater than 2.00x) and/or (2) the debt service coverage ratio again falls below 1.75x, then the enhanced reserve monthly deposits into the enhanced reserve subaccount will recommence until such time as either (x) the amount on deposit in the enhanced reserve subaccount once again equals the Enhanced Reserve Cap and/or (y) the debt service coverage ratio once again equals or exceeds 2.00x. Provided that no event of default is continuing, the borrowers will have the right, no more than one time during the Hamilton Commons mortgage loan term to replace the funds then on deposit in the enhanced reserve subaccount with a letter of credit with a face amount equal to the Enhanced Reserve Cap. |
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With respect to Loan No. 24, Kalamazoo Distribution Center, the tenant improvement and leasing commission reserve account is subject to a cap of $195,000. With respect to Loan No. 29, Moonwater Office Portfolio, there are various reserve caps in place including $366,750 for capital expenditure reserve funds, and $6,100,000 for leasing reserve funds. With respect to Loan No. 50, 5400-5450 W. Atlantic Blvd, there is a reserve cap in place of $175,000 for TI/LC reserve funds. With respect to Loan No. 53, Marymoor Self Storage, the capital expenditure reserve account is subject to a cap of $10,102.20. | ||
(21) | In certain cases, the data for tenants occupying multiple spaces includes square footage only from the primary spaces sharing the same expiration date and may not include smaller spaces with different expiration dates. With respect to Loan No. 3, 1888 Century Park East, the Second Largest Tenant, Sullivan & Cromwell LLP, has various expirations: (i) its lease for 50,392 square feet will expire on June 30, 2023, and (ii) the remainder of its leased space is leased on a month-to-month basis. With respect to Loan No. 36, South Valley Center, the Largest Tenant, Davita, has various expirations: (i) its lease for 8,022 square feet will expire on March 31, 2030, and (ii) the remainder of its leased space will expire on September 30, 2033. | |
(22) | With respect to the footnotes hereto, no footnotes have been provided with respect to tenants that are not among the five largest tenants by square footage for any mortgaged property. | |
(23) | The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease with respect to all or a portion of its leased space prior to the expiration date shown. 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 subject lease. With respect to Loan No. 18, Sawmill Plaza, the Fourth Largest Tenant, U.S. Armed Forces, may terminate its lease in whole or in part at any time after March 3, 2021 by providing at least 180 days’ prior written notice. With respect to Loan No. 20, The Summit, the Largest Tenant at the Summit 3 mortgaged property, Amazon.com Services, Inc., has the option to terminate its lease effective September 30, 2033 with 18 months’ prior notice. With respect to Loan No. 20, The Summit, the Fifth Largest Tenant at the Summit 1, 2 mortgaged property, New York Life Insurance Co., has the option to terminate its lease effective October 31, 2027, with 12 months’ prior written notice. With respect to Loan No. 24, Kalamazoo Distribution Center, the Second Largest Tenant, Kalsec, has the right to terminate its lease so long as there is no default beyond any applicable notice and cure periods effective as of June 30, 2033, with six months’ prior written notice and payment of a termination fee equal to $150,000. With respect to Loan No. 24, Kalamazoo Distribution Center, the Third Largest Tenant, Kenco, has the right to terminate its lease so long as no event of default exists effective as of August 1, 2022, with six months’ prior written notice and payment of a termination fee equal to one month’s rent. With respect to Loan No. 29, Moonwater Office Portfolio, certain of the mortgaged properties are subject to the termination options outlined below: | |
- | With respect to the 6551 Las Vegas Boulevard South mortgaged property, the Largest Tenant, Amazon.com Services, Inc., has the option to terminate its lease effective December 31, 2024 with 12 months’ prior notice and the payment of a $975,136.10 termination fee. | |
- | With respect to the 10190 Covington Cross Drive mortgaged property, the Largest Tenant, Coin Cloud, has the option to terminate its lease effective July 31, 2028 with 12 months’ prior written notice and payment of the unamortized cost of the allowance, real estate commissions, and rent abatement paid or accrued. | |
(24) | With respect to Loan No. 3, 1888 Century Park East, the mortgage loan does not have a separate carveout guarantor that is distinct from the borrower. |
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With respect to Loan No. 4, 3075 Olcott, there is no non-recourse carveout guarantor or separate environmental indemnitor. With respect to Loan No. 5, 70 Hudson Street, there is no non-recourse carveout guarantor or separate environmental indemnitor. With respect to Loan No. 9, Phoenix Industrial Portfolio VIII, Phoenix Logistics, an affiliate of the borrowers, is the sole tenant at the Kingsport, TN mortgaged property and is the Second Largest Tenant at the Church Hill, TN mortgaged property. | |
(25) | Each number identifies a group of related borrowers. |
(26) | The classification of the lockbox types is described in the preliminary prospectus. See “Description of the Mortgage Pool—Certain Calculations and Definitions” and “—Definitions” in the preliminary prospectus for further details. |
(27) | With respect to Loan No. 7, Bell Works, the mortgaged property is subject to a 30-year PILOT agreement, dated June 17, 2014, between the borrower and Holmdel Township. The borrower is obligated to make PILOT payments in exchange for certain exemptions from property taxes on real and personal property. The PILOT payment is based on a formula that factors in the percentage of the gross annual rent generated at the mortgaged property. For the first five years of the term the percentage is 10.25%, and thereafter the percentage increases 0.25% through year 25 with a cap set at an amount equal to 80% of what conventional taxes would be otherwise. Taxes were underwritten at $3,707,005 based on 10.5% of underwritten effective gross income per the terms of the PILOT agreement. Additionally, in connection with the rehabilitation and conversion of the Mortgaged Property to its current use, the mortgaged property qualifies for an HTC allowed for qualified rehabilitation expenditures incurred in connection with the certified rehabilitation of a certified historic structure and the HTCs are not collateral for the mortgage loan. The borrower leases the mortgaged property to the Bell Works Master Lessee pursuant to the terms of that certain Master Lease Agreement dated December 14, 2017, as amended (the “Bell Works Master Lease”). The borrower elected to pass-through the HTC to the Bell Works Master Lessee. Pursuant to a subordination, non-disturbance and attornment agreement among the lender, the borrower, the Bell Works Master Lessee and the Bell Works HTC Investor, the Bell Works Master Lease is subordinate to the lien of the mortgage in exchange for the lender’s agreement to not terminate the Bell Works Master Lease until the next business day following the 5th anniversary of the date on which the last qualified rehabilitation expenditure as with respect to the mortgaged property is first placed in service, but in no event later than April 1, 2026. Pursuant to the subordination, non-disturbance and attornment agreement, the lender must provide Bell Works HTC Investor prior written notice of its intention to commence any enforcement action under the Mortgage Loan documents, the Bell Works HTC Investor is entitled to receive notices of defaults under the mortgage loan documents, and the Bell Works HTC Investor has a period of not less than 10 days to cure such defaults. In addition, the Bell Works HTC Investor has certain rights to remove the borrower’s general partner and/or the Bell Works Master Lessee’s managing member, subject to certain terms and conditions set forth in the subordination, non-disturbance and attornment agreement. With respect to Loan No. 12, The Shoppes at Eagle Point, the mortgaged property is subject to a PILOT whereby the local government provides property tax savings as long as the IDB, a public nonprofit corporation organized and existing under the laws of the State of Tennessee, retains ownership of the land, property and equipment. In connection with the PILOT program, the borrower transferred the fee interest in the mortgaged property to the IDB and retained the leasehold interest the borrower and the IDB entered into a ground lease. Beginning on November 1, 2018, PILOT payments are as follows: $526,500 per year for years 1 through 7, due on October 1st of each year; $496,500 per year for years 8 through 20 due on October 1st of each year. As long as the borrower is the holder of the revenue bond, the payments of $526,500 and $496,500, which have been assigned by the IDB to the borrower are not actually required to be paid by the borrower. Commencing on January 1, 2026, for a period of thirteen years, the borrower is required to pay $30,000 to Putnam County and the city of Cookeville, Tennessee, which equates to the difference between the ground lease and the bond payments then payable to the IDB by the borrower. Upon the ground lease expiration date of October 31, 2038, the borrower will have the right to purchase the fee simple interest in the mortgaged property from the IDB for $1.00. With respect to Loan No. 39, 965-977 Frankford Avenue, the mortgaged property is subject to a tax abatement through December 31, 2031. Abated taxes will equal approximately $4,857 and unabated taxes beginning in 2032 will equal $54,450. |
(28) | With respect to Loan No. 9, Phoenix Industrial Portfolio VIII, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to leasing totaling an additional approximately $1.4 million in base rent, $105,924 in rent steps through June 2023 and an additional $602,299 in recoveries. The Church Hill, TN and Kingsport, TN mortgaged properties were renovated in 2021. |
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With respect to Loan No. 31, Nona Commons, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is attributable to leasing totaling an additional $25,442 in base rent, $119,531 in rent steps through April 2023 and an additional $105,507 in common area maintenance and other recoveries based on the reimbursement methodology under each lease. An adjustment to these recoveries is included historically to account for the difference between the flat rate billed amount and the amount required under each lease, which was not reconciled and was provided to tenants as a concession. Furthermore, the underwritten management fee (3.0%) is less than the fee in the most recent period (4.2%) and the underwritten insurance figure ($37,597) is less than the figure in the most recent period ($45,687). | |
(29) | With respect to Loan No. 8, ILPT Logistics Portfolio, the debt package recapitalized the borrower sponsor’s equity interest in the portfolio as the mortgaged properties were previously unencumbered. |
(30) | With respect to Loan No. 6, ExchangeRight Net Leased Portfolio #55, ExchangeRight Net-Leased Portfolio 55 DST entered into a master lease with EXCHANGERIGHT NLP 55 MASTER LESSEE, LLC on April 8, 2022 that is scheduled to expire concurrently with the landlord’s termination. With respect to Loan No. 7, Bell Works, Somerset Holmdel Development I Urban Renewal, L.P. entered into a master lease with Bell Works Master Tenant, LLC on December 14, 2017, for a 32-year term with an expiration date on December 14, 2049. With respect to Loan No. 38, Go Store It Crossville, the mortgaged property is master leased to Go Store It Crossville MT, LLC under a 10-year master lease to manage the operation of the mortgaged property for the term of the lease, and income from operations of the mortgaged property is required to be used to pay rent to the borrower in accordance with a rent schedule agreed to by the borrower. With respect to Loan No. 44, 275 Commerce, 13.8% of the net rentable area at the mortgaged property is currently vacant and subject to a master lease between the borrower and an affiliate of the borrower sponsor. The master lease will terminate the earlier of (i) May 4, 2037 and (ii) when the vacant space is leased to a third party. |
(31) | Property Located Within a Qualified Opportunity Zone (Y/N) reflects mortgaged properties that are located in qualified opportunity zones ("QOZs") under Internal Revenue Code § 1400Z-2 - Notice 2018-48 and Notice 2019-42. According to the Internal Revenue Service, (1) a QOZ is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment, and (2) localities qualify as QOZs if they have been nominated for that designation by a state, the District of Columbia, or a U.S. territory and that nomination has been certified by the Secretary of the Treasury via his delegation of authority to the Internal Revenue Service. No representation is made as to whether any Mortgaged Properties located in QOZs or the related borrowers are eligible for such preferential tax treatment or whether any qualifying investment has been made in a QOZ. |
(32) | With respect to Loan No. 12, The Shoppes at Eagle Point, the ground tenants occupying two outparcels at the mortgaged property have the right to purchase its respective parcel from the borrower at the expiration of the related ground leases, which expire concurrent with the borrower’s ground lease with the IDB. With respect to Loan No. 41, Edwards Landing Apartments, the borrower leased an undeveloped 26.73-acre portion of the mortgaged property (the “Ground Lease Parcel”) to an affiliate of the borrower sponsor pursuant to a 99-year ground lease (the “Ground Lease”). The affiliated ground lessee intends to obtain future financing to construct approximately 240 additional units on the Ground Lease Parcel. The Ground Lease provides for rent of $25,000 per annum and expires April 21, 2121. |
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