FREE WRITING PROSPECTUS | ||
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REGISTRATION FILE NO.: 333-227446-14 | ||
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Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | % of Initial Pool Balance | Mortgage Loan Originator(1) | Mortgage Loan Seller(1) | Original Balance | Cut-off Date Balance | Maturity/ARD Balance | Cut-off Date Balance per SF/ Units/Rooms/Pads/Beds | Loan Purpose | Sponsor |
Loan | 6, 9, 10 | 1 | Extra Space Self Storage Portfolio | 8.0% | AREF | AREF | $65,000,000 | $65,000,000 | $65,000,000 | $130.25 | Recapitalization | NexPoint Storage Partners, Inc.; NexPoint Storage Partners Operating Company, LLC |
Property | 1.01 | Extra Space Brickell | 1.6% | AREF | AREF | $12,930,000 | $12,930,000 | $12,930,000 | ||||
Property | 1.02 | Extra Space Ocoee | 1.3% | AREF | AREF | $10,391,000 | $10,391,000 | $10,391,000 | ||||
Property | 1.03 | Extra Space West Doral | 1.3% | AREF | AREF | $10,383,000 | $10,383,000 | $10,383,000 | ||||
Property | 1.04 | Extra Space Coconut Grove | 1.1% | AREF | AREF | $8,665,000 | $8,665,000 | $8,665,000 | ||||
Property | 1.05 | Extra Space Alpharetta | 1.0% | AREF | AREF | $8,312,000 | $8,312,000 | $8,312,000 | ||||
Property | 1.06 | Extra Space Fleming Island | 0.9% | AREF | AREF | $7,637,000 | $7,637,000 | $7,637,000 | ||||
Property | 1.07 | Extra Space Marietta | 0.8% | AREF | AREF | $6,682,000 | $6,682,000 | $6,682,000 | ||||
Loan | 11, 12 | 2 | 215 Coles Street | 7.3% | SMC | SMC | $60,000,000 | $60,000,000 | $60,000,000 | $78.95 | Refinance | Moishe Mana |
Loan | 6, 7, 9 | 3 | Ahold Portfolio | 5.3% | KeyBank | KeyBank | $42,930,000 | $42,930,000 | $42,930,000 | $168.77 | Acquisition | Inland Private Capital Corporation |
Property | 3.01 | Stop & Shop - South Yarmouth | 1.8% | KeyBank | KeyBank | $14,995,000 | $14,995,000 | $14,995,000 | ||||
Property | 3.02 | Stop & Shop - Peabody | 1.2% | KeyBank | KeyBank | $9,711,635 | $9,711,635 | $9,711,635 | ||||
Property | 3.03 | Stop & Shop - Arlington | 1.2% | KeyBank | KeyBank | $9,711,635 | $9,711,635 | $9,711,635 | ||||
Property | 3.04 | Stop & Shop - Lexington | 1.0% | KeyBank | KeyBank | $8,511,730 | $8,511,730 | $8,511,730 | ||||
Loan | 6, 9 | 4 | NOLA Logistics Portfolio | 4.7% | SMC | SMC | $38,000,000 | $38,000,000 | $38,000,000 | $63.92 | Refinance | Sidhartha Singh |
Property | 4.01 | 115 Canvasback Drive | 0.5% | SMC | SMC | $4,139,085 | $4,139,085 | $4,139,085 | ||||
Property | 4.02 | 150 Teal Street | 0.4% | SMC | SMC | $3,422,752 | $3,422,752 | $3,422,752 | ||||
Property | 4.03 | 120 Mallard Street | 0.4% | SMC | SMC | $3,421,218 | $3,421,218 | $3,421,218 | ||||
Property | 4.04 | 110 Widgeon Drive | 0.4% | SMC | SMC | $3,183,420 | $3,183,420 | $3,183,420 | ||||
Property | 4.05 | 150 James Drive East | 0.4% | SMC | SMC | $3,149,860 | $3,149,860 | $3,149,860 | ||||
Property | 4.06 | 161 James Drive West | 0.4% | SMC | SMC | $3,034,733 | $3,034,733 | $3,034,733 | ||||
Property | 4.07 | 100 James Drive | 0.3% | SMC | SMC | $2,752,252 | $2,752,252 | $2,752,252 | ||||
Property | 4.08 | 150 Canvasback Drive | 0.3% | SMC | SMC | $2,588,926 | $2,588,926 | $2,588,926 | ||||
Property | 4.09 | 125 James Drive West | 0.3% | SMC | SMC | $2,473,351 | $2,473,351 | $2,473,351 | ||||
Property | 4.10 | 190 James Drive East | 0.3% | SMC | SMC | $2,324,088 | $2,324,088 | $2,324,088 | ||||
Property | 4.11 | 160 James Drive East | 0.2% | SMC | SMC | $1,647,452 | $1,647,452 | $1,647,452 | ||||
Property | 4.12 | 107 Mallard Street | 0.2% | SMC | SMC | $1,498,125 | $1,498,125 | $1,498,125 | ||||
Property | 4.13 | 125 Mallard Street | 0.2% | SMC | SMC | $1,498,125 | $1,498,125 | $1,498,125 | ||||
Property | 4.14 | 143 Mallard Street | 0.2% | SMC | SMC | $1,498,125 | $1,498,125 | $1,498,125 | ||||
Property | 4.15 | 115 James Drive West | 0.2% | SMC | SMC | $1,368,487 | $1,368,487 | $1,368,487 | ||||
Loan | 5, 6, 7, 8, 13, 14, 15, 16 | 5 | MGM Grand & Mandalay Bay | 4.4% | Barclays | Barclays | $36,347,000 | $36,347,000 | $36,347,000 | $167,644.65 | Acquisition | BREIT Operating Partnership L.P.; MGM Growth Properties Operating Partnership LP |
Property | 5.01 | MGM Grand | 2.4% | Barclays | Barclays | $19,809,115 | $19,809,115 | $19,809,115 | ||||
Property | 5.02 | Mandalay Bay | 2.0% | Barclays | Barclays | $16,537,885 | $16,537,885 | $16,537,885 | ||||
Loan | 17 | 6 | Lullwater at Blair Stone | 3.8% | Barclays | Barclays | $31,360,000 | $31,360,000 | $31,360,000 | $128,524.59 | Acquisition | John E. Carter; Robert Dallas Whitaker, Jr.; Gael Ragone; Ray Hutchinson; Carter Exchange Fund Management Company, LLC |
Loan | 7 | Woods on LaMonte | 3.7% | MSBNA | MSMCH | $29,835,000 | $29,835,000 | $29,835,000 | $56,186.44 | Refinance | American Realty Investors | |
Loan | 8 | Olympus Corporate Center | 3.1% | KeyBank | KeyBank | $25,500,000 | $25,500,000 | $23,022,007 | $129.79 | Acquisition | Jeff Pori | |
Loan | 9 | The District - Airpark | 3.1% | MSBNA | MSMCH | $25,400,000 | $25,400,000 | $25,400,000 | $177.95 | Refinance | K2H Ltd. | |
Loan | 10 | Allied Plaza | 2.5% | SMC | SMC | $20,500,000 | $20,500,000 | $20,500,000 | $142.31 | Refinance | Andrew Getz; John Hahn; William Allen; Christopher H. Locke | |
Loan | 6 | 11 | Central Canal Company Industrial Portfolio | 2.4% | SMC | SMC | $20,000,000 | $20,000,000 | $20,000,000 | $50.87 | Refinance | Gerald Askowitz |
Property | 11.01 | Venture & Forsyth | 1.1% | SMC | SMC | $8,816,936 | $8,816,936 | $8,816,936 | ||||
Property | 11.02 | Carter I & II | 0.4% | SMC | SMC | $3,536,737 | $3,536,737 | $3,536,737 | ||||
Property | 11.03 | Northstar Business Park | 0.4% | SMC | SMC | $3,212,951 | $3,212,951 | $3,212,951 | ||||
Property | 11.04 | Michigan I & II | 0.2% | SMC | SMC | $1,942,715 | $1,942,715 | $1,942,715 | ||||
Property | 11.05 | Taft Vineland | 0.2% | SMC | SMC | $1,843,088 | $1,843,088 | $1,843,088 | ||||
Property | 11.06 | Lyman Road | 0.1% | SMC | SMC | $647,572 | $647,572 | $647,572 | ||||
Loan | 5, 6, 8, 12, 18, 19 | 12 | Signature Office Portfolio | 2.4% | SMC | SMC | $19,769,000 | $19,769,000 | $17,069,472 | $191.04 | Refinance | Abraham Brach |
Property | 12.01 | Hauppauge Office Park | 1.8% | SMC | SMC | $14,754,573 | $14,754,573 | $12,739,783 | ||||
Property | 12.02 | 20 Commerce | 0.6% | SMC | SMC | $5,014,427 | $5,014,427 | $4,329,689 | ||||
Loan | 20 | 13 | 12510 & 12600 Cardinal Meadow | 2.0% | MSBNA | MSMCH | $16,560,000 | $16,537,914 | $13,388,066 | $60.53 | Refinance | Jugalkishore K. Malani; Malani FLP, Ltd. |
Loan | 8 | 14 | Sunrise Corporate Plaza I | 2.0% | KeyBank | KeyBank | $16,250,000 | $16,250,000 | $16,250,000 | $151.44 | Acquisition | Andrew L. Hananel; Richard A. Hadar; Jason A. Isaacson; Josh J. Procacci |
Loan | 15 | Colonnades West | 1.9% | KeyBank | KeyBank | $15,509,000 | $15,509,000 | $15,509,000 | $113.97 | Acquisition | Robert Berger; Richard Glickman; NUUSCO Inc. | |
Loan | 16 | LA Creative Industrial Portfolio | 1.9% | SMC | SMC | $15,250,000 | $15,250,000 | $15,250,000 | $105.65 | Refinance | Tal Hassid | |
Loan | 17 | Frankfort Crossing | 1.8% | MSBNA | MSMCH | $14,600,000 | $14,600,000 | $13,148,602 | $127.47 | Acquisition | Mahesh Amin; Meeta Amin; Mark Cunningham | |
Loan | 6, 9 | 18 | East Boston Multifamily Portfolio 1 | 1.8% | SMC | SMC | $14,400,000 | $14,400,000 | $14,400,000 | $261,818.18 | Refinance | John McGrail |
Property | 18.01 | 298-300 Meridian Street | 0.4% | SMC | SMC | $3,378,631 | $3,378,631 | $3,378,631 | ||||
Property | 18.02 | 151-153 Meridian Street | 0.2% | SMC | SMC | $1,400,436 | $1,400,436 | $1,400,436 | ||||
Property | 18.03 | 108-110 Meridian Street | 0.2% | SMC | SMC | $1,375,316 | $1,375,316 | $1,375,316 | ||||
Property | 18.04 | 144-146 Chester Avenue | 0.1% | SMC | SMC | $1,042,477 | $1,042,477 | $1,042,477 | ||||
Property | 18.05 | 236 Princeton Street | 0.1% | SMC | SMC | $854,078 | $854,078 | $854,078 | ||||
Property | 18.06 | 346 Chelsea Street | 0.1% | SMC | SMC | $766,158 | $766,158 | $766,158 | ||||
Property | 18.07 | 151 Saratoga Street | 0.1% | SMC | SMC | $766,158 | $766,158 | $766,158 | ||||
Property | 18.08 | 17 Morris Street | 0.1% | SMC | SMC | $741,038 | $741,038 | $741,038 | ||||
Property | 18.09 | 8 Curtis Street | 0.1% | SMC | SMC | $728,478 | $728,478 | $728,478 | ||||
Property | 18.10 | 329 Paris Street | 0.1% | SMC | SMC | $709,638 | $709,638 | $709,638 | ||||
Property | 18.11 | 187 Maverick Street | 0.1% | SMC | SMC | $684,518 | $684,518 | $684,518 | ||||
Property | 18.12 | 62 Chelsea Street | 0.1% | SMC | SMC | $653,118 | $653,118 | $653,118 | ||||
Property | 18.13 | 26 Decatur Street | 0.1% | SMC | SMC | $653,118 | $653,118 | $653,118 | ||||
Property | 18.14 | 133 Eutaw Street | 0.1% | SMC | SMC | $646,838 | $646,838 | $646,838 | ||||
Loan | 6 | 19 | Jones Estates Portfolio | 1.6% | KeyBank | KeyBank | $12,950,000 | $12,950,000 | $11,252,667 | $35,286.10 | Refinance | Jonathan Gindes; Peyton Anderson |
Property | 19.01 | Massengills MHC | 0.4% | KeyBank | KeyBank | $3,427,221 | $3,427,221 | $2,978,021 | ||||
Property | 19.02 | Brookhaven MHC | 0.4% | KeyBank | KeyBank | $2,902,647 | $2,902,647 | $2,522,202 |
A-1-1
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | % of Initial Pool Balance | Mortgage Loan Originator(1) | Mortgage Loan Seller(1) | Original Balance | Cut-off Date Balance | Maturity/ARD Balance | Cut-off Date Balance per SF/ Units/Rooms/Pads/Beds | Loan Purpose | Sponsor |
Property | 19.03 | Leisure Park MHC | 0.2% | KeyBank | KeyBank | $1,958,412 | $1,958,412 | $1,701,727 | ||||
Property | 19.04 | Twin Branch MHC | 0.2% | KeyBank | KeyBank | $1,766,068 | $1,766,068 | $1,534,593 | ||||
Property | 19.05 | Hannibal MHC | 0.1% | KeyBank | KeyBank | $1,217,013 | $1,217,013 | $1,057,501 | ||||
Property | 19.06 | Whispering Pines | 0.1% | KeyBank | KeyBank | $1,042,155 | $1,042,155 | $905,562 | ||||
Property | 19.07 | Avalon MHC | 0.1% | KeyBank | KeyBank | $636,484 | $636,484 | $553,061 | ||||
Loan | 6, 7 | 20 | Archer Portfolio | 1.6% | MSBNA | MSMCH | $12,837,000 | $12,837,000 | $11,759,145 | $256.82 | Acquisition | Richard S. A. Tindall |
Property | 20.01 | Crown Point Center | 0.7% | MSBNA | MSMCH | $5,544,000 | $5,544,000 | $5,078,500 | ||||
Property | 20.02 | Spanish Village | 0.5% | MSBNA | MSMCH | $4,030,000 | $4,030,000 | $3,691,622 | ||||
Property | 20.03 | Bouquet Canyon | 0.4% | MSBNA | MSMCH | $3,263,000 | $3,263,000 | $2,989,023 | ||||
Loan | 21 | 21 | 6851 River Road | 1.5% | SMC | SMC | $12,500,000 | $12,466,573 | $7,660,687 | $61.81 | Refinance | Brenda Birnbaum; Jacob Birnbaum |
Loan | 5 | 22 | Appletree Business Park | 1.5% | SMC | SMC | $12,300,000 | $12,300,000 | $10,280,020 | $117.72 | Refinance | AmCap, Incorporated; Jay Kaiser |
Loan | 23 | 179 East 116th Street | 1.5% | SMC | SMC | $12,000,000 | $12,000,000 | $12,000,000 | $524.70 | Refinance | Raymond Chakkalo | |
Loan | 9, 22, 23 | 24 | 25-22 30th Drive | 1.5% | SMC | SMC | $12,000,000 | $12,000,000 | $12,000,000 | $387,096.77 | Refinance | Philip Loria; Salvatore Lucchese |
Loan | 25 | The Villas at Willow Run | 1.4% | MSBNA | MSMCH | $11,050,000 | $11,050,000 | $11,050,000 | $153,472.22 | Acquisition | Michael E. Laub | |
Loan | 26 | Pillars at HBU | 1.1% | AREF | AREF | $9,300,000 | $9,300,000 | $9,300,000 | $233.18 | Acquisition | Stanley Jay Williams, Jr. | |
Loan | 6, 7 | 27 | Indy Multifamily | 1.1% | KeyBank | KeyBank | $9,165,000 | $9,165,000 | $9,165,000 | $119,025.97 | Acquisition | Yoav Merary |
Property | 27.01 | The Delaware | 0.8% | KeyBank | KeyBank | $6,136,000 | $6,136,000 | $6,136,000 | ||||
Property | 27.02 | 632 MLK Apartments | 0.4% | KeyBank | KeyBank | $3,029,000 | $3,029,000 | $3,029,000 | ||||
Loan | 28 | 4500 Alexander Boulevard Northeast | 1.1% | AREF | AREF | $9,000,000 | $9,000,000 | $8,321,112 | $87.79 | Acquisition | Malkiel Akhamzadeh; David M. Akhamzadeh; Monica Akhamzadeh | |
Loan | 6, 7 | 29 | MC Office Portfolio | 1.1% | SMC | SMC | $9,000,000 | $8,986,762 | $7,137,462 | $92.30 | Refinance | Edward A. Mancini |
Property | 29.01 | 43630 Hayes Road | 0.5% | SMC | SMC | $3,700,000 | $3,694,558 | $2,934,291 | ||||
Property | 29.02 | 15950 East 12 Mile Road | 0.2% | SMC | SMC | $1,647,887 | $1,645,463 | $1,306,859 | ||||
Property | 29.03 | 43740 North Groesbeck Highway | 0.2% | SMC | SMC | $1,320,000 | $1,318,058 | $1,046,827 | ||||
Property | 29.04 | 30117 Schoenherr Road | 0.1% | SMC | SMC | $1,190,000 | $1,188,250 | $943,731 | ||||
Property | 29.05 | 30300 Hoover Road | 0.1% | SMC | SMC | $1,142,113 | $1,140,433 | $905,754 | ||||
Loan | 30 | Durango Commons | 1.1% | MSBNA | MSMCH | $8,625,000 | $8,625,000 | $8,625,000 | $219.94 | Acquisition | Christopher L. Emanuel | |
Loan | 31 | Savannah Industrial | 1.0% | MSBNA | MSMCH | $8,530,000 | $8,530,000 | $8,530,000 | $59.99 | Acquisition | Kenneth Levy; Glen Una Management | |
Loan | 32 | Route 1 Self Storage | 1.0% | MSBNA | MSMCH | $8,300,000 | $8,300,000 | $8,300,000 | $98.57 | Refinance | William H. Munn | |
Loan | 24 | 33 | 486 East 28th Street | 1.0% | SMC | SMC | $8,200,000 | $8,200,000 | $8,200,000 | $372,727.27 | Refinance | Solomon Feder |
Loan | 34 | Riverwood Research Center | 1.0% | KeyBank | KeyBank | $7,879,500 | $7,879,500 | $6,449,161 | $115.63 | Acquisition | Brian C. Adams; Abhishek Mathur | |
Loan | 35 | Menifee Range Self Storage and RV | 0.9% | KeyBank | KeyBank | $7,500,000 | $7,500,000 | $7,500,000 | $45.00 | Refinance | Kyle Buxton; Karin Buxton | |
Loan | 36 | Dollar Self Storage #10 - Apache Junction | 0.9% | KeyBank | KeyBank | $7,250,000 | $7,250,000 | $6,250,199 | $79.51 | Refinance | Thomson Family Trust, Dated June 18, 1997, as may have been amended and restated; John C. Thomson | |
Loan | 6 | 37 | StorWise SS Portfolio - Tahoe | 0.8% | SMC | SMC | $6,950,000 | $6,930,710 | $5,536,718 | $142.42 | Refinance | Chad Haggar; Anna Volkoff |
Property | 37.01 | StorWise Kingsbury | 0.5% | SMC | SMC | $4,489,292 | $4,476,832 | $3,576,395 | ||||
Property | 37.02 | StorWise Tahoe | 0.3% | SMC | SMC | $2,460,708 | $2,453,878 | $1,960,323 | ||||
Loan | 38 | Marshall Avenue Industrial Park | 0.8% | Barclays | Barclays | $6,800,000 | $6,800,000 | $6,800,000 | $103.45 | Refinance | Jeremy Dentt; Ryan Dentt; Thomas Ragland | |
Loan | 25 | 39 | Montgomery Self Storage | 0.8% | SMC | SMC | $6,700,000 | $6,700,000 | $6,069,957 | $72.18 | Refinance | Andrew Pena Jr. |
Loan | 40 | Store Safe Baton Rouge | 0.8% | MSBNA | MSMCH | $6,616,000 | $6,616,000 | $6,616,000 | $59.97 | Refinance | Ronald G. Kyle | |
Loan | 26 | 41 | Desert’s Edge RV Park | 0.7% | MSBNA | MSMCH | $6,000,000 | $6,000,000 | $6,000,000 | $26,905.83 | Refinance | James Watson; Joseph Watson, Jr. |
Loan | 42 | Friar’s Branch Crossing | 0.7% | KeyBank | KeyBank | $5,935,000 | $5,935,000 | $5,104,501 | $59.42 | Acquisition | Brian C. Adams; Abhishek Mathur | |
Loan | 43 | Lantern Building | 0.7% | SMC | SMC | $5,500,000 | $5,500,000 | $4,820,985 | $43.85 | Acquisition | Mordechai Chopp | |
Loan | 44 | A&S Apartments | 0.7% | KeyBank | KeyBank | $5,400,000 | $5,400,000 | $5,400,000 | $112,500.00 | Refinance | Richard A. Barsky | |
Loan | 6 | 45 | CVS Portfolio | 0.6% | SMC | SMC | $5,300,000 | $5,300,000 | $4,878,460 | $252.32 | Refinance | Peter Vonn |
Property | 45.01 | CVS Fort Wayne | 0.3% | SMC | SMC | $2,735,484 | $2,735,484 | $2,517,915 | ||||
Property | 45.02 | CVS Garden City | 0.3% | SMC | SMC | $2,564,516 | $2,564,516 | $2,360,545 | ||||
Loan | 46 | Hollywood 95 Office Center | 0.6% | SMC | SMC | $5,000,000 | $5,000,000 | $5,000,000 | $129.71 | Refinance | Steven B. Berman | |
Loan | 5 | 47 | McCarthy Ranch | 0.6% | SMC | SMC | $5,000,000 | $5,000,000 | $5,000,000 | $169.18 | Refinance | MPI Realty Corp.; Bonseph Holdings Limited; Eliahu Swirsky; Shlomo Cohen |
Loan | 48 | Whitehall Apartments | 0.6% | KeyBank | KeyBank | $4,975,000 | $4,975,000 | $4,975,000 | $75,378.79 | Refinance | Richard A. Barsky | |
Loan | 49 | Baychester Shopping Center | 0.6% | AREF | AREF | $4,750,000 | $4,750,000 | $4,750,000 | $145.50 | Refinance | Amir Cohen | |
Loan | 50 | Inverness Dental and Medical Plaza | 0.6% | KeyBank | KeyBank | $4,664,630 | $4,664,630 | $4,240,984 | $233.01 | Acquisition | Robert P. Selkin | |
Loan | 51 | CubeSmart Winston-Salem | 0.5% | KeyBank | KeyBank | $4,125,000 | $4,125,000 | $4,125,000 | $65.65 | Refinance | Kenneth W. Schwenke | |
Loan | 52 | 2015-2021 West Race Avenue | 0.5% | KeyBank | KeyBank | $4,125,000 | $4,125,000 | $3,513,560 | $515,625.00 | Refinance | Hunter Huth; Lilia Zaparaniuk; John Kirpanos; Sean Lee; Jeffrey Baker | |
Loan | 53 | Comfort Inn & Suites Southport | 0.5% | KeyBank | KeyBank | $4,100,000 | $3,984,653 | $3,310,635 | $56,923.61 | Refinance | Keith D. Stephens | |
Loan | 27 | 54 | 1101 California Avenue | 0.5% | SMC | SMC | $4,000,000 | $4,000,000 | $4,000,000 | $101.80 | Acquisition | John Davenport; Jeffrey K. Nickell; Mark Valentine; Doreen C. Leeds; The Doreen C. Leeds Family Trust |
Loan | 55 | E&B Apartments | 0.5% | KeyBank | KeyBank | $3,975,000 | $3,975,000 | $3,975,000 | $101,923.08 | Refinance | Richard A. Barsky | |
Loan | 56 | Cedar Lofts Apartments | 0.5% | AREF | AREF | $3,850,000 | $3,850,000 | $3,850,000 | $66,379.31 | Refinance | David L. Nevins; Theodore C. First | |
Loan | 6 | 57 | Keepsake Storage Portfolio | 0.5% | Barclays | Barclays | $3,850,000 | $3,850,000 | $3,294,262 | $48.51 | Acquisition | Hugh D. Cohen; Brian Boehmcke; Joel T. Flax; Cohen Investment Group Capital LLC; HIC Haxall Fund I LP |
Property | 57.01 | Commonwealth Storage | 0.3% | Barclays | Barclays | $2,481,517 | $2,481,517 | $2,123,316 | ||||
Property | 57.02 | Keepsake Storage | 0.2% | Barclays | Barclays | $1,368,483 | $1,368,483 | $1,170,946 | ||||
Loan | 58 | Anchor Baker Storage | 0.4% | SMC | SMC | $3,650,000 | $3,650,000 | $3,196,894 | $42.92 | Refinance | Jeffery Petry | |
Loan | 8, 28 | 59 | 571 Hudson Coop | 0.4% | MSBNA | MSMCH | $3,500,000 | $3,500,000 | $3,500,000 | $233,333.33 | Refinance | N/A |
Loan | 60 | 1425 Bruckner Fee | 0.4% | SMC | SMC | $3,500,000 | $3,500,000 | $3,500,000 | $82.94 | Refinance | Benjamin Berger; Bruce Berger; Miles Berger | |
Loan | 61 | Grand Avenue Storage | 0.4% | KeyBank | KeyBank | $3,100,000 | $3,100,000 | $3,100,000 | $100.06 | Refinance | Michael Anthony Clark; Michael Anthony Clark as Trustee of The Michael Anthony Clark Revocable Trust Dated July 29, 2014, as Amended | |
Loan | 62 | Anchor Mini Storage | 0.4% | SMC | SMC | $3,000,000 | $3,000,000 | $2,563,961 | $39.81 | Refinance | Jerame Petry | |
Loan | 63 | Netana Apartments | 0.3% | KeyBank | KeyBank | $2,650,000 | $2,650,000 | $2,650,000 | $85,483.87 | Refinance | Richard A. Barsky | |
Loan | 64 | Windy Acres MHC | 0.3% | KeyBank | KeyBank | $2,500,000 | $2,500,000 | $2,500,000 | $49,019.61 | Acquisition | Jason S. Weissman; Tana Weissman | |
Loan | 6 | 65 | Maple Hills & Walnut Valley MHP | 0.3% | SMC | SMC | $2,150,000 | $2,150,000 | $1,842,958 | $15,925.93 | Refinance | Eric Tsaur; Nicholas Tsaur |
Property | 65.01 | Maple Hills MHP | 0.2% | SMC | SMC | $1,244,429 | $1,244,429 | $1,066,712 | ||||
Property | 65.02 | Walnut Valley MHP | 0.1% | SMC | SMC | $905,571 | $905,571 | $776,246 |
A-1-2
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Non-Recourse Carveout Guarantor | No. of Properties | General Property Type | Detailed Property Type | Title Type | Ground Lease Initial Lease Expiration Date | Hotel Franchise Agreement Expiration Date | |
Loan | 6, 9, 10 | 1 | Extra Space Self Storage Portfolio | NexPoint Storage Partners, Inc.; NexPoint Storage Partners Operating Company, LLC | 7 | ||||||
Property | 1.01 | Extra Space Brickell | Self Storage | Self Storage | Fee | N/A | N/A | ||||
Property | 1.02 | Extra Space Ocoee | Self Storage | Self Storage | Fee | N/A | N/A | ||||
Property | 1.03 | Extra Space West Doral | Self Storage | Self Storage | Fee | N/A | N/A | ||||
Property | 1.04 | Extra Space Coconut Grove | Self Storage | Self Storage | Fee | N/A | N/A | ||||
Property | 1.05 | Extra Space Alpharetta | Self Storage | Self Storage | Fee | N/A | N/A | ||||
Property | 1.06 | Extra Space Fleming Island | Self Storage | Self Storage | Fee | N/A | N/A | ||||
Property | 1.07 | Extra Space Marietta | Self Storage | Self Storage | Fee | N/A | N/A | ||||
Loan | 11, 12 | 2 | 215 Coles Street | Moishe Mana | 1 | Industrial | Flex | Fee | N/A | N/A | |
Loan | 6, 7, 9 | 3 | Ahold Portfolio | Inland Private Capital Corporation | 4 | ||||||
Property | 3.01 | Stop & Shop - South Yarmouth | Retail | Single Tenant | Fee | N/A | N/A | ||||
Property | 3.02 | Stop & Shop - Peabody | Retail | Single Tenant | Fee | N/A | N/A | ||||
Property | 3.03 | Stop & Shop - Arlington | Retail | Single Tenant | Fee | N/A | N/A | ||||
Property | 3.04 | Stop & Shop - Lexington | Retail | Single Tenant | Fee | N/A | N/A | ||||
Loan | 6, 9 | 4 | NOLA Logistics Portfolio | Sidhartha Singh | 15 | ||||||
Property | 4.01 | 115 Canvasback Drive | Industrial | Flex | Fee | N/A | N/A | ||||
Property | 4.02 | 150 Teal Street | Industrial | Flex | Fee | N/A | N/A | ||||
Property | 4.03 | 120 Mallard Street | Office | Suburban | Fee | N/A | N/A | ||||
Property | 4.04 | 110 Widgeon Drive | Industrial | Flex | Fee | N/A | N/A | ||||
Property | 4.05 | 150 James Drive East | Industrial | Flex | Fee | N/A | N/A | ||||
Property | 4.06 | 161 James Drive West | Industrial | Flex | Fee | N/A | N/A | ||||
Property | 4.07 | 100 James Drive | Office | Suburban | Fee | N/A | N/A | ||||
Property | 4.08 | 150 Canvasback Drive | Industrial | Flex | Fee | N/A | N/A | ||||
Property | 4.09 | 125 James Drive West | Industrial | Flex | Fee | N/A | N/A | ||||
Property | 4.10 | 190 James Drive East | Industrial | Flex | Fee | N/A | N/A | ||||
Property | 4.11 | 160 James Drive East | Industrial | Flex | Fee | N/A | N/A | ||||
Property | 4.12 | 107 Mallard Street | Industrial | Flex | Fee | N/A | N/A | ||||
Property | 4.13 | 125 Mallard Street | Industrial | Flex | Fee | N/A | N/A | ||||
Property | 4.14 | 143 Mallard Street | Industrial | Flex | Fee | N/A | N/A | ||||
Property | 4.15 | 115 James Drive West | Industrial | Flex | Fee | N/A | N/A | ||||
Loan | 5, 6, 7, 8, 13, 14, 15, 16 | 5 | MGM Grand & Mandalay Bay | BREIT Operating Partnership L.P.; MGM Growth Properties Operating Partnership LP | 2 | ||||||
Property | 5.01 | MGM Grand | Hospitality | Full Service | Fee | N/A | N/A | ||||
Property | 5.02 | Mandalay Bay | Hospitality | Full Service | Fee | N/A | N/A | ||||
Loan | 17 | 6 | Lullwater at Blair Stone | John E. Carter; Robert Dallas Whitaker, Jr.; Gael Ragone; Ray Hutchinson | 1 | Multifamily | Garden | Fee | N/A | N/A | |
Loan | 7 | Woods on LaMonte | Kenneth L. Hatfield; Michael G. Tombari; Stanley Beraznik | 1 | Multifamily | Garden | Fee | N/A | N/A | ||
Loan | 8 | Olympus Corporate Center | Jeff Pori | 1 | Office | Suburban | Fee | N/A | N/A | ||
Loan | 9 | The District - Airpark | Amber Shannon Eckford; William Strathearn Leggat; K2H Ltd. | 1 | Mixed Use | Retail, Industrial & Office | Fee | N/A | N/A | ||
Loan | 10 | Allied Plaza | Andrew Getz; John Hahn; William Allen; Christopher H. Locke | 1 | Office | Suburban | Fee | N/A | N/A | ||
Loan | 6 | 11 | Central Canal Company Industrial Portfolio | Gerald Askowitz | 6 | ||||||
Property | 11.01 | Venture & Forsyth | Industrial | Flex | Fee | N/A | N/A | ||||
Property | 11.02 | Carter I & II | Industrial | Flex | Fee | N/A | N/A | ||||
Property | 11.03 | Northstar Business Park | Industrial | Flex | Fee | N/A | N/A | ||||
Property | 11.04 | Michigan I & II | Industrial | Flex | Fee | N/A | N/A | ||||
Property | 11.05 | Taft Vineland | Industrial | Flex | Fee | N/A | N/A | ||||
Property | 11.06 | Lyman Road | Industrial | Flex | Fee | N/A | N/A | ||||
Loan | 5, 6, 8, 12, 18, 19 | 12 | Signature Office Portfolio | Abraham Brach | 2 | ||||||
Property | 12.01 | Hauppauge Office Park | Office | Suburban | Fee | N/A | N/A | ||||
Property | 12.02 | 20 Commerce | Office | Suburban | Fee | N/A | N/A | ||||
Loan | 20 | 13 | 12510 & 12600 Cardinal Meadow | Jugalkishore K. Malani; Malani FLP, Ltd. | 1 | Industrial | Warehouse Distribution | Fee | N/A | N/A | |
Loan | 8 | 14 | Sunrise Corporate Plaza I | Andrew L. Hananel; Richard A. Hadar; Jason A. Isaacson; Josh J. Procacci | 1 | Office | Suburban | Fee | N/A | N/A | |
Loan | 15 | Colonnades West | Robert Berger; Richard Glickman; NUUSCO Inc. | 1 | Retail | Anchored | Fee | N/A | N/A | ||
Loan | 16 | LA Creative Industrial Portfolio | Tal Hassid | 1 | Industrial | Flex | Fee | N/A | N/A | ||
Loan | 17 | Frankfort Crossing | Mahesh D. Amin; Meeta M. Amin; Mahesh D. Amin and Meeta M. Amin, each as Trustee of the M. Amin Family Trust Dated September 12, 2007; Mark Cunningham | 1 | Retail | Anchored | Fee | N/A | N/A | ||
Loan | 6, 9 | 18 | East Boston Multifamily Portfolio 1 | John McGrail | 14 | ||||||
Property | 18.01 | 298-300 Meridian Street | Multifamily | Garden | Fee | N/A | N/A | ||||
Property | 18.02 | 151-153 Meridian Street | Multifamily | Garden | Fee | N/A | N/A | ||||
Property | 18.03 | 108-110 Meridian Street | Multifamily | Garden | Fee | N/A | N/A | ||||
Property | 18.04 | 144-146 Chester Avenue | Multifamily | Garden | Fee | N/A | N/A | ||||
Property | 18.05 | 236 Princeton Street | Multifamily | Garden | Fee | N/A | N/A | ||||
Property | 18.06 | 346 Chelsea Street | Multifamily | Garden | Fee | N/A | N/A | ||||
Property | 18.07 | 151 Saratoga Street | Multifamily | Garden | Fee | N/A | N/A | ||||
Property | 18.08 | 17 Morris Street | Multifamily | Garden | Fee | N/A | N/A | ||||
Property | 18.09 | 8 Curtis Street | Multifamily | Garden | Fee | N/A | N/A | ||||
Property | 18.10 | 329 Paris Street | Multifamily | Garden | Fee | N/A | N/A | ||||
Property | 18.11 | 187 Maverick Street | Multifamily | Garden | Fee | N/A | N/A | ||||
Property | 18.12 | 62 Chelsea Street | Multifamily | Garden | Fee | N/A | N/A | ||||
Property | 18.13 | 26 Decatur Street | Multifamily | Garden | Fee | N/A | N/A | ||||
Property | 18.14 | 133 Eutaw Street | Multifamily | Garden | Fee | N/A | N/A | ||||
Loan | 6 | 19 | Jones Estates Portfolio | Jonathan Gindes; Peyton Anderson | 7 | ||||||
Property | 19.01 | Massengills MHC | Manufactured Housing | Manufactured Housing | Fee | N/A | N/A | ||||
Property | 19.02 | Brookhaven MHC | Manufactured Housing | Manufactured Housing | Fee | N/A | N/A |
A-1-3
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Non-Recourse Carveout Guarantor | No. of Properties | General Property Type | Detailed Property Type | Title Type | Ground Lease Initial Lease Expiration Date | Hotel Franchise Agreement Expiration Date | |
Property | 19.03 | Leisure Park MHC | Manufactured Housing | Manufactured Housing | Fee | N/A | N/A | ||||
Property | 19.04 | Twin Branch MHC | Manufactured Housing | Manufactured Housing | Fee | N/A | N/A | ||||
Property | 19.05 | Hannibal MHC | Manufactured Housing | Manufactured Housing | Fee | N/A | N/A | ||||
Property | 19.06 | Whispering Pines | Manufactured Housing | Manufactured Housing | Fee | N/A | N/A | ||||
Property | 19.07 | Avalon MHC | Manufactured Housing | Manufactured Housing | Fee | N/A | N/A | ||||
Loan | 6, 7 | 20 | Archer Portfolio | Richard S. A. Tindall | 3 | ||||||
Property | 20.01 | Crown Point Center | Retail | Shadow Anchored | Fee | N/A | N/A | ||||
Property | 20.02 | Spanish Village | Retail | Unanchored | Fee | N/A | N/A | ||||
Property | 20.03 | Bouquet Canyon | Retail | Shadow Anchored | Fee | N/A | N/A | ||||
Loan | 21 | 21 | 6851 River Road | Brenda Birnbaum; Jacob Birnbaum | 1 | Industrial | Warehouse Distribution | Fee | N/A | N/A | |
Loan | 5 | 22 | Appletree Business Park | AmCap, Incorporated; Jay Kaiser | 1 | Office | Suburban | Fee | N/A | N/A | |
Loan | 23 | 179 East 116th Street | Raymond Chakkalo | 1 | Mixed Use | Retail/Office | Fee | N/A | N/A | ||
Loan | 9, 22, 23 | 24 | 25-22 30th Drive | Philip Loria; Salvatore Lucchese | 1 | Multifamily | Mid Rise | Fee | N/A | N/A | |
Loan | 25 | The Villas at Willow Run | Michael E. Laub | 1 | Multifamily | Garden | Fee | N/A | N/A | ||
Loan | 26 | Pillars at HBU | Stanley Jay Williams, Jr. | 1 | Retail | Unanchored | Leasehold | 3/12/2081 | N/A | ||
Loan | 6, 7 | 27 | Indy Multifamily | Yoav Merary | 2 | ||||||
Property | 27.01 | The Delaware | Multifamily | Mid Rise | Fee | N/A | N/A | ||||
Property | 27.02 | 632 MLK Apartments | Multifamily | Mid Rise | Fee | N/A | N/A | ||||
Loan | 28 | 4500 Alexander Boulevard Northeast | Malkiel Akhamzadeh; David M. Akhamzadeh; Monica Akhamzadeh | 1 | Office | Suburban | Fee | N/A | N/A | ||
Loan | 6, 7 | 29 | MC Office Portfolio | Edward A. Mancini | 5 | ||||||
Property | 29.01 | 43630 Hayes Road | Office | Suburban | Fee | N/A | N/A | ||||
Property | 29.02 | 15950 East 12 Mile Road | Office | Suburban | Fee | N/A | N/A | ||||
Property | 29.03 | 43740 North Groesbeck Highway | Office | Suburban | Fee | N/A | N/A | ||||
Property | 29.04 | 30117 Schoenherr Road | Office | Suburban | Fee | N/A | N/A | ||||
Property | 29.05 | 30300 Hoover Road | Office | Suburban | Fee | N/A | N/A | ||||
Loan | 30 | Durango Commons | Christopher L. Emanuel | 1 | Retail | Anchored | Fee | N/A | N/A | ||
Loan | 31 | Savannah Industrial | Kenneth Levy; Kenneth Levy, As Trustee of The Levy Family Trust Dated February 18, 1983, As Amended | 1 | Industrial | Warehouse Distribution | Fee | N/A | N/A | ||
Loan | 32 | Route 1 Self Storage | William H. Munn | 1 | Self Storage | Self Storage | Fee | N/A | N/A | ||
Loan | 24 | 33 | 486 East 28th Street | Solomon Feder | 1 | Multifamily | Mid Rise | Fee | N/A | N/A | |
Loan | 34 | Riverwood Research Center | Brian C. Adams; Abhishek Mathur | 1 | Office | Suburban | Fee | N/A | N/A | ||
Loan | 35 | Menifee Range Self Storage and RV | Kyle Buxton; Karin Buxton | 1 | Self Storage | Self Storage | Fee | N/A | N/A | ||
Loan | 36 | Dollar Self Storage #10 - Apache Junction | Thomson Family Trust, Dated June 18, 1997, as may have been amended and restated; John C. Thomson | 1 | Self Storage | Self Storage | Fee | N/A | N/A | ||
Loan | 6 | 37 | StorWise SS Portfolio - Tahoe | Chad Haggar; Anna Volkoff | 2 | ||||||
Property | 37.01 | StorWise Kingsbury | Self Storage | Self Storage | Fee | N/A | N/A | ||||
Property | 37.02 | StorWise Tahoe | Self Storage | Self Storage | Fee | N/A | N/A | ||||
Loan | 38 | Marshall Avenue Industrial Park | Jeremy Dentt; Ryan Dentt; Thomas Ragland | 1 | Industrial | Flex | Leasehold | 5/31/2072 | N/A | ||
Loan | 25 | 39 | Montgomery Self Storage | Andrew Pena Jr. | 1 | Self Storage | Self Storage | Fee | N/A | N/A | |
Loan | 40 | Store Safe Baton Rouge | Ronald G. Kyle | 1 | Self Storage | Self Storage | Fee | N/A | N/A | ||
Loan | 26 | 41 | Desert’s Edge RV Park | James Watson; Joseph Watson, Jr. | 1 | Manufactured Housing | Manufactured Housing | Fee | N/A | N/A | |
Loan | 42 | Friar’s Branch Crossing | Brian C. Adams; Abhishek Mathur | 1 | Industrial | Flex | Fee | N/A | N/A | ||
Loan | 43 | Lantern Building | Mordechai Chopp | 1 | Office | Suburban | Fee | N/A | N/A | ||
Loan | 44 | A&S Apartments | Richard A. Barsky | 1 | Multifamily | Mid Rise | Fee | N/A | N/A | ||
Loan | 6 | 45 | CVS Portfolio | Peter Vonn | 2 | ||||||
Property | 45.01 | CVS Fort Wayne | Retail | Single Tenant | Fee | N/A | N/A | ||||
Property | 45.02 | CVS Garden City | Retail | Single Tenant | Fee | N/A | N/A | ||||
Loan | 46 | Hollywood 95 Office Center | Steven B. Berman | 1 | Office | Suburban | Fee | N/A | N/A | ||
Loan | 5 | 47 | McCarthy Ranch | MPI Realty Corp.; Bonseph Holdings Limited; Eliahu Swirsky; Shlomo Cohen | 1 | Retail | Anchored | Fee | N/A | N/A | |
Loan | 48 | Whitehall Apartments | Richard A. Barsky | 1 | Multifamily | Mid Rise | Fee | N/A | N/A | ||
Loan | 49 | Baychester Shopping Center | Amir Cohen | 1 | Retail | Anchored | Fee | N/A | N/A | ||
Loan | 50 | Inverness Dental and Medical Plaza | Robert P. Selkin | 1 | Office | Medical | Fee | N/A | N/A | ||
Loan | 51 | CubeSmart Winston-Salem | Kenneth W. Schwenke | 1 | Self Storage | Self Storage | Fee | N/A | N/A | ||
Loan | 52 | 2015-2021 West Race Avenue | Hunter Huth; Lilia Zaparaniuk; John Kirpanos; Sean Lee; Jeffrey Baker | 1 | Multifamily | Garden | Fee | N/A | N/A | ||
Loan | 53 | Comfort Inn & Suites Southport | Keith D. Stephens | 1 | Hospitality | Limited Service | Fee | N/A | 12/3/2030 | ||
Loan | 27 | 54 | 1101 California Avenue | John Davenport; Jeffrey K. Nickell; Mark Valentine; Doreen C. Leeds; The Doreen C. Leeds Family Trust | 1 | Office | Suburban | Fee | N/A | N/A | |
Loan | 55 | E&B Apartments | Richard A. Barsky | 1 | Multifamily | Mid Rise | Fee | N/A | N/A | ||
Loan | 56 | Cedar Lofts Apartments | David L. Nevins; Theodore C. First | 1 | Multifamily | Student Housing | Fee | N/A | N/A | ||
Loan | 6 | 57 | Keepsake Storage Portfolio | Hugh D. Cohen; Brian E. Boehmcke; Joel T. Flax | 2 | ||||||
Property | 57.01 | Commonwealth Storage | Self Storage | Self Storage | Fee | N/A | N/A | ||||
Property | 57.02 | Keepsake Storage | Self Storage | Self Storage | Fee | N/A | N/A | ||||
Loan | 58 | Anchor Baker Storage | Jeffery Petry | 1 | Self Storage | Self Storage | Fee | N/A | N/A | ||
Loan | 8, 28 | 59 | 571 Hudson Coop | N/A | 1 | Multifamily | Cooperative | Fee | N/A | N/A | |
Loan | 60 | 1425 Bruckner Fee | Benjamin Berger; Bruce Berger; Miles Berger | 1 | Other | Leased Fee | Fee | N/A | N/A | ||
Loan | 61 | Grand Avenue Storage | Michael Anthony Clark; Michael Anthony Clark as Trustee of The Michael Anthony Clark Revocable Trust Dated July 29, 2014, as Amended | 1 | Self Storage | Self Storage | Fee | N/A | N/A | ||
Loan | 62 | Anchor Mini Storage | Jerame Petry | 1 | Self Storage | Self Storage | Fee | N/A | N/A | ||
Loan | 63 | Netana Apartments | Richard A. Barsky | 1 | Multifamily | Mid Rise | Fee | N/A | N/A | ||
Loan | 64 | Windy Acres MHC | Jason S. Weissman; Tana Weissman | 1 | Manufactured Housing | Manufactured Housing | Fee | N/A | N/A | ||
Loan | 6 | 65 | Maple Hills & Walnut Valley MHP | Eric Tsaur; Nicholas Tsaur | 2 | ||||||
Property | 65.01 | Maple Hills MHP | Manufactured Housing | Manufactured Housing | Fee | N/A | N/A | ||||
Property | 65.02 | Walnut Valley MHP | Manufactured Housing | Manufactured Housing | Fee | N/A | N/A |
A-1-4
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Address | City | County | State | Zip Code | Year Built | Year Renovated | Size | Units of Measure | Occupancy Rate(2) |
Loan | 6, 9, 10 | 1 | Extra Space Self Storage Portfolio | 499,046 | SF | 90.8% | |||||||
Property | 1.01 | Extra Space Brickell | 1103 Southwest 3rd Avenue | Miami | Miami-Dade | FL | 33130 | 2016 | N/A | 74,780 | SF | 91.9% | |
Property | 1.02 | Extra Space Ocoee | 19920 West Colonial Drive and 1234 Westrun Road | Ocoee | Orange | FL | 34761 | 2016 | N/A | 98,165 | SF | 93.6% | |
Property | 1.03 | Extra Space West Doral | 590 Northwest 137th Avenue | Miami | Miami-Dade | FL | 33178 | 2017 | N/A | 76,595 | SF | 92.0% | |
Property | 1.04 | Extra Space Coconut Grove | 2434 Southwest 28th Lane | Miami | Miami-Dade | FL | 33133 | 2016 | N/A | 51,848 | SF | 93.4% | |
Property | 1.05 | Extra Space Alpharetta | 5110 McGinnis Ferry Road | Alpharetta | Forsyth | GA | 30005 | 1994 | 2016 | 71,631 | SF | 90.0% | |
Property | 1.06 | Extra Space Fleming Island | 1939 Eastwest Parkway | Fleming Island | Clay | FL | 32003 | 2016 | N/A | 59,565 | SF | 84.9% | |
Property | 1.07 | Extra Space Marietta | 340 Franklin Gateway Southeast | Marietta | Cobb | GA | 30067 | 1999 | 2016 | 66,462 | SF | 88.4% | |
Loan | 11, 12 | 2 | 215 Coles Street | 215 Coles Street | Jersey City | Hudson | NJ | 07310 | 1927 | N/A | 760,000 | SF | 100.0% |
Loan | 6, 7, 9 | 3 | Ahold Portfolio | 254,368 | SF | 100.0% | |||||||
Property | 3.01 | Stop & Shop - South Yarmouth | 7-55 Long Pond Drive | South Yarmouth | Barnstable | MA | 02664 | 1974, 1992 | N/A | 113,186 | SF | 100.0% | |
Property | 3.02 | Stop & Shop - Peabody | 19 Howley Street | Peabody | Essex | MA | 01960 | 1998 | N/A | 66,783 | SF | 100.0% | |
Property | 3.03 | Stop & Shop - Arlington | 905 Massachusetts Avenue | Arlington | Middlesex | MA | 02476 | 1995 | N/A | 29,277 | SF | 100.0% | |
Property | 3.04 | Stop & Shop - Lexington | 36 Bedford Street | Lexington | Middlesex | MA | 02420 | 1999 | N/A | 45,122 | SF | 100.0% | |
Loan | 6, 9 | 4 | NOLA Logistics Portfolio | 594,455 | SF | 84.7% | |||||||
Property | 4.01 | 115 Canvasback Drive | 115 Canvasback Drive | Saint Rose | Saint Charles | LA | 70087 | 2004 | N/A | 64,750 | SF | 100.0% | |
Property | 4.02 | 150 Teal Street | 150 Teal Street | Saint Rose | Saint Charles | LA | 70087 | 2000 | N/A | 53,544 | SF | 23.0% | |
Property | 4.03 | 120 Mallard Street | 120 Mallard Street | Saint Rose | Saint Charles | LA | 70087 | 1981 | N/A | 53,520 | SF | 84.9% | |
Property | 4.04 | 110 Widgeon Drive | 110 Widgeon Drive | Saint Rose | Saint Charles | LA | 70087 | 2004 | N/A | 49,800 | SF | 100.0% | |
Property | 4.05 | 150 James Drive East | 150 James Drive East | Saint Rose | Saint Charles | LA | 70087 | 1985 | N/A | 49,275 | SF | 91.9% | |
Property | 4.06 | 161 James Drive West | 161 James Drive West | Saint Rose | Saint Charles | LA | 70087 | 1986 | N/A | 47,474 | SF | 93.3% | |
Property | 4.07 | 100 James Drive | 100 James Drive | Saint Rose | Saint Charles | LA | 70087 | 1980 | N/A | 43,055 | SF | 100.0% | |
Property | 4.08 | 150 Canvasback Drive | 150 Canvasback Drive | Saint Rose | Saint Charles | LA | 70087 | 1986 | N/A | 40,500 | SF | 100.0% | |
Property | 4.09 | 125 James Drive West | 125 James Drive West | Saint Rose | Saint Charles | LA | 70087 | 1990 | N/A | 38,692 | SF | 69.0% | |
Property | 4.10 | 190 James Drive East | 190 James Drive East | Saint Rose | Saint Charles | LA | 70087 | 1987 | N/A | 36,357 | SF | 100.0% | |
Property | 4.11 | 160 James Drive East | 160 James Drive East | Saint Rose | Saint Charles | LA | 70087 | 1981 | N/A | 25,772 | SF | 100.0% | |
Property | 4.12 | 107 Mallard Street | 107 Mallard Street | Saint Rose | Saint Charles | LA | 70087 | 1985 | N/A | 23,436 | SF | 100.0% | |
Property | 4.13 | 125 Mallard Street | 125 Mallard Street | Saint Rose | Saint Charles | LA | 70087 | 1984 | N/A | 23,436 | SF | 33.1% | |
Property | 4.14 | 143 Mallard Street | 143 Mallard Street | Saint Rose | Saint Charles | LA | 70087 | 1982 | N/A | 23,436 | SF | 70.4% | |
Property | 4.15 | 115 James Drive West | 115 James Drive West | Saint Rose | Saint Charles | LA | 70087 | 1986 | N/A | 21,408 | SF | 100.0% | |
Loan | 5, 6, 7, 8, 13, 14, 15, 16 | 5 | MGM Grand & Mandalay Bay | 9,748 | Rooms | 54.1% | |||||||
Property | 5.01 | MGM Grand | 3799 South Las Vegas Boulevard | Las Vegas | Clark | NV | 89109 | 1993 | N/A | 4,998 | Rooms | 52.7% | |
Property | 5.02 | Mandalay Bay | 3950 South Las Vegas Boulevard | Las Vegas | Clark | NV | 89119 | 1999 | N/A | 4,750 | Rooms | 55.8% | |
Loan | 17 | 6 | Lullwater at Blair Stone | 3501 South Blair Stone Road | Tallahassee | Leon | FL | 32301 | 2019 | N/A | 244 | Units | 98.3% |
Loan | 7 | Woods on LaMonte | 4800 LaMonte Lane | Houston | Harris | TX | 77092 | 1978 | 2021 | 531 | Units | 91.7% | |
Loan | 8 | Olympus Corporate Center | 3001, 3005, 3009 and 3013 Douglas Boulevard | Roseville | Placer | CA | 95661 | 1992, 1995, 1996, 1997 | 2018 | 196,467 | SF | 89.1% | |
Loan | 9 | The District - Airpark | 15551 North Greenway-Hayden Loop, 15444 North 76th Street, 7550 East Greenway Road | Scottsdale | Maricopa | AZ | 85260 | 2006 | 2020 | 142,733 | SF | 94.4% | |
Loan | 10 | Allied Plaza | 7777 and 7787 Alvarado Road | La Mesa | San Diego | CA | 91942 | 1983, 1999 | N/A | 144,053 | SF | 95.6% | |
Loan | 6 | 11 | Central Canal Company Industrial Portfolio | 393,187 | SF | 95.7% | |||||||
Property | 11.01 | Venture & Forsyth | 6930, 6944, 6948 & 6950 Venture Circle and 2721, 2221 & 2213 North Forsyth Road | Orlando | Orange | FL | 32807 | 1975-1985 | N/A | 155,515 | SF | 100.0% | |
Property | 11.02 | Carter I & II | 930 Carter Road | Winter Garden | Orange | FL | 34787 | 1991 | N/A | 67,775 | SF | 95.4% | |
Property | 11.03 | Northstar Business Park | 401 & 500 Central Park Drive and 300 Northstar Court | Sanford | Seminole | FL | 32771 | 1990 | N/A | 89,497 | SF | 87.0% | |
Property | 11.04 | Michigan I & II | 2828 & 2832 Michigan Avenue | Kissimmee | Osceola | FL | 34744 | 1993, 1995 | N/A | 33,850 | SF | 100.0% | |
Property | 11.05 | Taft Vineland | 943 & 955 Taft Vineland Road | Orlando | Orange | FL | 32824 | 1988 | N/A | 29,550 | SF | 100.0% | |
Property | 11.06 | Lyman Road | 190 Lyman Road | Casselberry | Seminole | FL | 32707 | 1987 | N/A | 17,000 | SF | 87.5% | |
Loan | 5, 6, 8, 12, 18, 19 | 12 | Signature Office Portfolio | 469,901 | SF | 86.8% | |||||||
Property | 12.01 | Hauppauge Office Park | 878, 888 and 898 Veterans Memorial Highway | Hauppauge | Suffolk | NY | 11788 | 1990, 2014 | N/A | 281,954 | SF | 91.1% | |
Property | 12.02 | 20 Commerce | 20 Commerce Drive | Cranford | Union | NJ | 07016 | 1991 | 2020 | 187,947 | SF | 80.4% | |
Loan | 20 | 13 | 12510 & 12600 Cardinal Meadow | 12510 and 12600 Cardinal Meadow Drive | Sugar Land | Fort Bend | TX | 77478 | 2005, 2013 | 2008 | 273,240 | SF | 100.0% |
Loan | 8 | 14 | Sunrise Corporate Plaza I | 1300 Sawgrass Corporate Parkway | Sunrise | Broward | FL | 33323 | 1999 | N/A | 107,304 | SF | 94.6% |
Loan | 15 | Colonnades West | 10941 West Broad Street | Glen Allen | Henrico | VA | 23060 | 1998 | N/A | 136,082 | SF | 94.7% | |
Loan | 16 | LA Creative Industrial Portfolio | 2079 East 15th Street and 2190 East 14th Street | Los Angeles | Los Angeles | CA | 90021 | 1923 | 2014-2019 | 144,339 | SF | 70.9% | |
Loan | 17 | Frankfort Crossing | 21110, 21112, 21114, 21116, 21118, 21120, 21122, 21124, 21126, 21130, 21150, 21164, 21212, 21218, 21224 and 21230 South La Grange Road | Frankfort | Will | IL | 60423 | 1992 | N/A | 114,534 | SF | 98.5% | |
Loan | 6, 9 | 18 | East Boston Multifamily Portfolio 1 | 55 | Units | 100.0% | |||||||
Property | 18.01 | 298-300 Meridian Street | 298-300 Meridian Street | Boston | Suffolk | MA | 02128 | 1920 | 2015-2020 | 14 | Units | 100.0% | |
Property | 18.02 | 151-153 Meridian Street | 151-153 Meridian Street | Boston | Suffolk | MA | 02128 | 1900 | 2015-2020 | 3 | Units | 100.0% | |
Property | 18.03 | 108-110 Meridian Street | 108-110 Meridian Street | Boston | Suffolk | MA | 02128 | 1900 | 2015-2020 | 4 | Units | 100.0% | |
Property | 18.04 | 144-146 Chester Avenue | 144-146 Chester Avenue | Chelsea | Suffolk | MA | 02150 | 1900 | 2015-2020 | 4 | Units | 100.0% | |
Property | 18.05 | 236 Princeton Street | 236 Princeton Street | Boston | Suffolk | MA | 02128 | 1900 | 2015-2020 | 3 | Units | 100.0% | |
Property | 18.06 | 346 Chelsea Street | 346 Chelsea Street | Boston | Suffolk | MA | 02128 | 1915 | 2015-2020 | 3 | Units | 100.0% | |
Property | 18.07 | 151 Saratoga Street | 151 Saratoga Street | Boston | Suffolk | MA | 02128 | 1900 | 2015-2020 | 3 | Units | 100.0% | |
Property | 18.08 | 17 Morris Street | 17 Morris Street | Boston | Suffolk | MA | 02128 | 1900 | 2015-2020 | 3 | Units | 100.0% | |
Property | 18.09 | 8 Curtis Street | 8 Curtis Street | Boston | Suffolk | MA | 02128 | 1890 | 2015-2020 | 3 | Units | 100.0% | |
Property | 18.10 | 329 Paris Street | 329 Paris Street | Boston | Suffolk | MA | 02128 | 1900 | 2015-2020 | 3 | Units | 100.0% | |
Property | 18.11 | 187 Maverick Street | 187 Maverick Street | Boston | Suffolk | MA | 02128 | 1900 | 2015-2020 | 3 | Units | 100.0% | |
Property | 18.12 | 62 Chelsea Street | 62 Chelsea Street | Boston | Suffolk | MA | 02128 | 1920 | 2015-2020 | 3 | Units | 100.0% | |
Property | 18.13 | 26 Decatur Street | 26 Decatur Street | Boston | Suffolk | MA | 02128 | 1899 | 2015-2020 | 3 | Units | 100.0% | |
Property | 18.14 | 133 Eutaw Street | 133 Eutaw Street | Boston | Suffolk | MA | 02128 | 1900 | 2015-2020 | 3 | Units | 100.0% | |
Loan | 6 | 19 | Jones Estates Portfolio | 367 | Pads | 96.2% | |||||||
Property | 19.01 | Massengills MHC | 4414 US 70 Business Highway West | Clayton | Johnston | NC | 27520 | 1960 | N/A | 79 | Pads | 93.7% | |
Property | 19.02 | Brookhaven MHC | 3 Brookhaven Avenue | Washington | Washington | PA | 15301 | 1960 | N/A | 86 | Pads | 97.7% |
A-1-5
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Address | City | County | State | Zip Code | Year Built | Year Renovated | Size | Units of Measure | Occupancy Rate(2) |
Property | 19.03 | Leisure Park MHC | 620 Northwest Rainbow Drive | Kannapolis | Cabarrus | NC | 28081 | 1983 | N/A | 54 | Pads | 94.4% | |
Property | 19.04 | Twin Branch MHC | 1752 Dixon Swimming Pool Road | Burlington | Alamance | NC | 27217 | 1970 | N/A | 54 | Pads | 100.0% | |
Property | 19.05 | Hannibal MHC | 19 Landis Avenue | Cranberry Township | Butler | PA | 16066 | 1970 | N/A | 25 | Pads | 96.0% | |
Property | 19.06 | Whispering Pines | 7913 National Road Southwest | Etna | Licking | OH | 43062 | 1965 | N/A | 38 | Pads | 97.4% | |
Property | 19.07 | Avalon MHC | 1111 Geneva Avenue | Columbus | Franklin | OH | 43223 | 1962 | N/A | 31 | Pads | 93.5% | |
Loan | 6, 7 | 20 | Archer Portfolio | 49,985 | SF | 99.2% | |||||||
Property | 20.01 | Crown Point Center | 18300 and 18400 Cottonwood Drive | Parker | Douglas | CO | 80138 | 2018 | N/A | 16,390 | SF | 100.0% | |
Property | 20.02 | Spanish Village | 7208, 7211, 7212, 7252 East Ho Road and 37550 North Hum Road | Carefree | Maricopa | AZ | 85377 | 1969 | 2016-2019 | 24,566 | SF | 98.4% | |
Property | 20.03 | Bouquet Canyon | 26453, 26455, 26457 and 26459 Bouquet Canyon Road | Santa Clarita | Los Angeles | CA | 91350 | 2004 | N/A | 9,029 | SF | 100.0% | |
Loan | 21 | 21 | 6851 River Road | 6851 River Road | Pennsauken | Camden | NJ | 08110 | 1997 | N/A | 201,700 | SF | 100.0% |
Loan | 5 | 22 | Appletree Business Park | 2875 Union Road | Cheektowaga | Erie | NY | 14227 | 1972 | 2000 | 423,047 | SF | 94.9% |
Loan | 23 | 179 East 116th Street | 179 East 116th Street | New York | New York | NY | 10029 | 1910 | 2005 | 22,870 | SF | 100.0% | |
Loan | 9, 22, 23 | 24 | 25-22 30th Drive | 25-22 30th Drive | Astoria | Queens | NY | 11102 | 2020 | N/A | 31 | Units | 100.0% |
Loan | 25 | The Villas at Willow Run | 26 Utley Place | Willow Street | Lancaster | PA | 17584 | 2019 | N/A | 72 | Units | 100.0% | |
Loan | 26 | Pillars at HBU | 7259 Southwest Freeway | Houston | Harris | TX | 77074 | 2016, 2018, 2021 | N/A | 39,884 | SF | 88.5% | |
Loan | 6, 7 | 27 | Indy Multifamily | 77 | Units | 97.4% | |||||||
Property | 27.01 | The Delaware | 2205 North Delaware Street | Indianapolis | Marion | IN | 46205 | 2016 | N/A | 47 | Units | 95.7% | |
Property | 27.02 | 632 MLK Apartments | 632 Doctor M.L.K. Jr Street | Indianapolis | Marion | IN | 46202 | 2017 | N/A | 30 | Units | 100.0% | |
Loan | 28 | 4500 Alexander Boulevard Northeast | 4500 Alexander Boulevard Northeast | Albuquerque | Bernalillo | NM | 87107 | 1986 | 2020 | 102,523 | SF | 79.2% | |
Loan | 6, 7 | 29 | MC Office Portfolio | 97,366 | SF | 100.0% | |||||||
Property | 29.01 | 43630 Hayes Road | 43630 Hayes Road | Clinton Township | Macomb | MI | 48038 | 1998-2000 | N/A | 39,537 | SF | 100.0% | |
Property | 29.02 | 15950 East 12 Mile Road | 15950 East 12 Mile Road | Roseville | Macomb | MI | 48066 | 1999 | 2017 | 17,512 | SF | 100.0% | |
Property | 29.03 | 43740 North Groesbeck Highway | 43740 North Groesbeck Highway | Clinton Township | Macomb | MI | 48036 | 1993 | N/A | 20,960 | SF | 100.0% | |
Property | 29.04 | 30117 Schoenherr Road | 30117 Schoenherr Road | Warren | Macomb | MI | 48088 | 2006 | N/A | 9,483 | SF | 100.0% | |
Property | 29.05 | 30300 Hoover Road | 30300 Hoover Road | Warren | Macomb | MI | 48093 | 1999 | N/A | 9,874 | SF | 100.0% | |
Loan | 30 | Durango Commons | 8550, 8570 and 8580 West Charleston Boulevard | Las Vegas | Clark | NV | 89117 | 1991 | N/A | 39,216 | SF | 95.6% | |
Loan | 31 | Savannah Industrial | 225 and 231 Bourne Boulevard | Savannah | Chatham | GA | 31408 | 2001, 2008 | 2011 | 142,200 | SF | 100.0% | |
Loan | 32 | Route 1 Self Storage | 8115 Perry Hills Road | Nottingham | Baltimore | MD | 21236 | 2001 | N/A | 84,200 | SF | 89.1% | |
Loan | 24 | 33 | 486 East 28th Street | 486 East 28th Street | Brooklyn | Kings | NY | 11226 | 2020 | N/A | 22 | Units | 95.5% |
Loan | 34 | Riverwood Research Center | 24461-24491 West 10 Mile Road | Southfield | Oakland | MI | 48033 | 1987 | N/A | 68,142 | SF | 100.0% | |
Loan | 35 | Menifee Range Self Storage and RV | 30125 State Highway 74 | Menifee | Riverside | CA | 92585 | 2005 | N/A | 166,666 | SF | 92.9% | |
Loan | 36 | Dollar Self Storage #10 - Apache Junction | 2901 South Winchester Road | Apache Junction | Pinal | AZ | 85119 | 2008 | N/A | 91,180 | SF | 92.3% | |
Loan | 6 | 37 | StorWise SS Portfolio - Tahoe | 48,665 | SF | 90.7% | |||||||
Property | 37.01 | StorWise Kingsbury | 272 Kingsbury Grade | Stateline | Douglas | NV | 89449 | 1977 | 2020 | 26,660 | SF | 85.3% | |
Property | 37.02 | StorWise Tahoe | 2000 Jewell Road | South Lake Tahoe | El Dorado | CA | 96150 | 1967 | 2019 | 22,005 | SF | 97.3% | |
Loan | 38 | Marshall Avenue Industrial Park | 1830-1934 Marshall Avenue | El Cajon | San Diego | CA | 92020 | 2019 | N/A | 65,731 | SF | 98.6% | |
Loan | 25 | 39 | Montgomery Self Storage | 19678 Highway 105 West | Montgomery | Montgomery | TX | 77356 | 1994 | 2000, 2014, 2019 | 92,826 | SF | 87.1% |
Loan | 40 | Store Safe Baton Rouge | 9242 Baringer Foreman Road | Baton Rouge | East Baton Rouge | LA | 70817 | 2007 | N/A | 110,325 | SF | 93.3% | |
Loan | 26 | 41 | Desert’s Edge RV Park | 2398 West Williams Drive | Phoenix | Maricopa | AZ | 85027 | 1969 | N/A | 223 | Pads | 95.5% |
Loan | 42 | Friar’s Branch Crossing | 2204-2226 Encompass Drive | Chattanooga | Hamilton | TN | 37421 | 1988 | 2006 | 99,878 | SF | 92.5% | |
Loan | 43 | Lantern Building | 4245 Kemp Boulevard | Wichita Falls | Wichita | TX | 76308 | 1981 | N/A | 125,418 | SF | 86.0% | |
Loan | 44 | A&S Apartments | 70 Prospect Park Southwest | Brooklyn | Kings | NY | 11215 | 1935 | N/A | 48 | Units | 93.8% | |
Loan | 6 | 45 | CVS Portfolio | 21,005 | SF | 100.0% | |||||||
Property | 45.01 | CVS Fort Wayne | 3918 South Calhoun Street | Fort Wayne | Allen | IN | 46807 | 1999 | 2019 | 10,125 | SF | 100.0% | |
Property | 45.02 | CVS Garden City | 27435 Ford Road | Garden City | Wayne | MI | 48135 | 2001 | 2016 | 10,880 | SF | 100.0% | |
Loan | 46 | Hollywood 95 Office Center | 2700-2750 North 29th Avenue | Hollywood | Broward | FL | 33020 | 1978 | N/A | 38,548 | SF | 96.8% | |
Loan | 5 | 47 | McCarthy Ranch | 15-251 Ranch Drive | Milpitas | Santa Clara | CA | 95035 | 1994 | N/A | 265,994 | SF | 83.6% |
Loan | 48 | Whitehall Apartments | 80-50 Baxter Avenue | Elmhurst | Queens | NY | 11373 | 1955 | N/A | 66 | Units | 95.5% | |
Loan | 49 | Baychester Shopping Center | 1197 East 233rd Street | Bronx | Bronx | NY | 10466 | 1958 | N/A | 32,647 | SF | 89.2% | |
Loan | 50 | Inverness Dental and Medical Plaza | 202 Inverness Center Drive | Hoover | Shelby | AL | 35242 | 2001 | N/A | 20,019 | SF | 100.0% | |
Loan | 51 | CubeSmart Winston-Salem | 345 Witt Street | Winston-Salem | Forsyth | NC | 27103 | 1955 | 2017, 2020 | 62,837 | SF | 91.7% | |
Loan | 52 | 2015-2021 West Race Avenue | 2015-2021 West Race Avenue | Chicago | Cook | IL | 60612 | 1897 | 2019-2020 | 8 | Units | 100.0% | |
Loan | 53 | Comfort Inn & Suites Southport | 4963 Southport Supply Road Southeast | Southport | Brunswick | NC | 28461 | 2002 | 2017 | 70 | Rooms | 63.4% | |
Loan | 27 | 54 | 1101 California Avenue | 1101 California Avenue | Corona | Riverside | CA | 92881 | 1990 | N/A | 39,293 | SF | 87.9% |
Loan | 55 | E&B Apartments | 361 95th Street | Brooklyn | Kings | NY | 11209 | 1926 | N/A | 39 | Units | 89.7% | |
Loan | 56 | Cedar Lofts Apartments | 121 West Fairmount Avenue | State College | Centre | PA | 16801 | 1989 | N/A | 58 | Beds | 100.0% | |
Loan | 6 | 57 | Keepsake Storage Portfolio | 79,366 | SF | 84.9% | |||||||
Property | 57.01 | Commonwealth Storage | 2010 West 3rd Street, 1716 West 3rd Street, and 407 East 3rd Street | Farmville | Prince Edward | VA | 23901 | 1953, 1990, 1996 | 2000, 2004, 2011 | 46,180 | SF | 86.3% | |
Property | 57.02 | Keepsake Storage | 21528 Prince Edward Highway | Rice | Prince Edward | VA | 23966 | 2007 | 2018 | 33,186 | SF | 83.1% | |
Loan | 58 | Anchor Baker Storage | 21312 14th Street | Baker City | Baker | OR | 97814 | 1999, 2016 | N/A | 85,040 | SF | 98.1% | |
Loan | 8, 28 | 59 | 571 Hudson Coop | 571 Hudson Street | New York | New York | NY | 10014 | 1892 | 1978 | 15 | Units | 100.0% |
Loan | 60 | 1425 Bruckner Fee | 1425 Bruckner Boulevard | Bronx | Bronx | NY | 10472 | 2010 | N/A | 42,200 | SF | N/A | |
Loan | 61 | Grand Avenue Storage | 33033 Riverside Drive | Lake Elsinore | Riverside | CA | 92530 | 1999 | N/A | 30,980 | SF | 97.6% | |
Loan | 62 | Anchor Mini Storage | 920 Southeast 5th Avenue | Ontario | Malheur | OR | 97914 | 2011 | N/A | 75,350 | SF | 97.7% | |
Loan | 63 | Netana Apartments | 864 60th Street | Brooklyn | Kings | NY | 11220 | 1928 | N/A | 31 | Units | 100.0% | |
Loan | 64 | Windy Acres MHC | 195 West Main Street | Chester | Morris | NJ | 07930 | 1970 | N/A | 51 | Pads | 98.0% | |
Loan | 6 | 65 | Maple Hills & Walnut Valley MHP | 135 | Pads | 88.9% | |||||||
Property | 65.01 | Maple Hills MHP | 1000 Maple Hills Park | Cross Lanes | Kanawha | WV | 25313 | 1985 | N/A | 86 | Pads | 84.9% | |
Property | 65.02 | Walnut Valley MHP | 5232 Walnut Valley Drive | Cross Lanes | Kanawha | WV | 25313 | 1985 | N/A | 49 | Pads | 95.9% |
A-1-6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Occupancy Rate As-of Date | Appraised Value | Appraised Value As-of Date | Mortgage Rate | Administrative Fee Rate(3) | Master Servicing Fee Rate | Primary Servicing Fee Rate | Pari Passu Loan Primary Servicing Fee Rate | Trustee Fee Rate | Trust Advisor Fee Rate | Asset Representations Reviewer Fee Rate | CREFC Fee Rate | Interest Accrual Basis | Seasoning (mos.) | ARD (Yes/No) | Original Term to Maturity (mos.) | Remaining Term to Maturity (mos.) | Original Interest-Only Period (mos.) | Remaining Interest-Only Period (mos.) | Original Amortization Term (mos.) | |
Loan | 6, 9, 10 | 1 | Extra Space Self Storage Portfolio | $135,100,000 | Various | 3.9900% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | ||
Property | 1.01 | Extra Space Brickell | 3/9/2021 | $26,700,000 | 2/27/2021 | |||||||||||||||||||
Property | 1.02 | Extra Space Ocoee | 3/9/2021 | $16,150,000 | 3/2/2021 | |||||||||||||||||||
Property | 1.03 | Extra Space West Doral | 3/9/2021 | $21,850,000 | 2/27/2021 | |||||||||||||||||||
Property | 1.04 | Extra Space Coconut Grove | 3/9/2021 | $16,800,000 | 2/27/2021 | |||||||||||||||||||
Property | 1.05 | Extra Space Alpharetta | 3/9/2021 | $13,650,000 | 2/26/2021 | |||||||||||||||||||
Property | 1.06 | Extra Space Fleming Island | 3/9/2021 | $14,550,000 | 3/2/2021 | |||||||||||||||||||
Property | 1.07 | Extra Space Marietta | 3/9/2021 | $12,050,000 | 2/26/2021 | |||||||||||||||||||
Loan | 11, 12 | 2 | 215 Coles Street | 5/6/2021 | $124,500,000 | 3/9/2021 | 3.3100% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 60 | 59 | 60 | 59 | 0 | |
Loan | 6, 7, 9 | 3 | Ahold Portfolio | $101,700,000 | 2/10/2021 | 2.7420% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Property | 3.01 | Stop & Shop - South Yarmouth | 5/1/2021 | $34,500,000 | 2/10/2021 | |||||||||||||||||||
Property | 3.02 | Stop & Shop - Peabody | 5/1/2021 | $21,600,000 | 2/10/2021 | |||||||||||||||||||
Property | 3.03 | Stop & Shop - Arlington | 5/1/2021 | $21,600,000 | 2/10/2021 | |||||||||||||||||||
Property | 3.04 | Stop & Shop - Lexington | 5/1/2021 | $18,900,000 | 2/10/2021 | |||||||||||||||||||
Loan | 6, 9 | 4 | NOLA Logistics Portfolio | $60,300,000 | 3/11/2021 | 3.7550% | 0.04658% | 0.00250% | 0.03250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Property | 4.01 | 115 Canvasback Drive | 3/25/2021 | N/A | N/A | |||||||||||||||||||
Property | 4.02 | 150 Teal Street | 3/25/2021 | N/A | N/A | |||||||||||||||||||
Property | 4.03 | 120 Mallard Street | 3/25/2021 | N/A | N/A | |||||||||||||||||||
Property | 4.04 | 110 Widgeon Drive | 3/25/2021 | N/A | N/A | |||||||||||||||||||
Property | 4.05 | 150 James Drive East | 3/25/2021 | N/A | N/A | |||||||||||||||||||
Property | 4.06 | 161 James Drive West | 3/25/2021 | N/A | N/A | |||||||||||||||||||
Property | 4.07 | 100 James Drive | 3/25/2021 | N/A | N/A | |||||||||||||||||||
Property | 4.08 | 150 Canvasback Drive | 3/25/2021 | N/A | N/A | |||||||||||||||||||
Property | 4.09 | 125 James Drive West | 3/25/2021 | N/A | N/A | |||||||||||||||||||
Property | 4.10 | 190 James Drive East | 3/25/2021 | N/A | N/A | |||||||||||||||||||
Property | 4.11 | 160 James Drive East | 3/25/2021 | N/A | N/A | |||||||||||||||||||
Property | 4.12 | 107 Mallard Street | 3/25/2021 | N/A | N/A | |||||||||||||||||||
Property | 4.13 | 125 Mallard Street | 3/25/2021 | N/A | N/A | |||||||||||||||||||
Property | 4.14 | 143 Mallard Street | 3/25/2021 | N/A | N/A | |||||||||||||||||||
Property | 4.15 | 115 James Drive West | 3/25/2021 | N/A | N/A | |||||||||||||||||||
Loan | 5, 6, 7, 8, 13, 14, 15, 16 | 5 | MGM Grand & Mandalay Bay | $4,600,000,000 | 3.5580% | 0.01471% | 0.00250% | 0.00000% | 0.00063% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 14 | Yes | 120 | 106 | 120 | 106 | 0 | |||
Property | 5.01 | MGM Grand | 12/31/2020 | $2,505,000,000 | 1/10/2020 | |||||||||||||||||||
Property | 5.02 | Mandalay Bay | 12/31/2020 | $2,095,000,000 | 1/10/2020 | |||||||||||||||||||
Loan | 17 | 6 | Lullwater at Blair Stone | 3/1/2021 | $51,000,000 | 2/25/2021 | 3.8100% | 0.04408% | 0.00250% | 0.03000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 2 | No | 120 | 118 | 120 | 118 | 0 | |
Loan | 7 | Woods on LaMonte | 2/25/2021 | $46,500,000 | 1/22/2021 | 3.6900% | 0.03408% | 0.00250% | 0.02000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 2 | No | 120 | 118 | 120 | 118 | 0 | ||
Loan | 8 | Olympus Corporate Center | 3/16/2021 | $45,500,000 | 2/16/2021 | 3.5900% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 60 | 59 | 360 | ||
Loan | 9 | The District - Airpark | 2/1/2021 | $41,400,000 | 1/19/2021 | 3.5800% | 0.03408% | 0.00250% | 0.02000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Loan | 10 | Allied Plaza | 3/22/2021 | $42,000,000 | 3/8/2021 | 2.9800% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Loan | 6 | 11 | Central Canal Company Industrial Portfolio | $40,150,000 | 3.9130% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | |||
Property | 11.01 | Venture & Forsyth | 3/23/2021 | $17,700,000 | 3/11/2021 | |||||||||||||||||||
Property | 11.02 | Carter I & II | 3/23/2021 | $7,100,000 | 3/11/2021 | |||||||||||||||||||
Property | 11.03 | Northstar Business Park | 3/23/2021 | $6,450,000 | 3/11/2021 | |||||||||||||||||||
Property | 11.04 | Michigan I & II | 3/23/2021 | $3,900,000 | 3/11/2021 | |||||||||||||||||||
Property | 11.05 | Taft Vineland | 3/23/2021 | $3,700,000 | 3/11/2021 | |||||||||||||||||||
Property | 11.06 | Lyman Road | 3/23/2021 | $1,300,000 | 3/11/2021 | |||||||||||||||||||
Loan | 5, 6, 8, 12, 18, 19 | 12 | Signature Office Portfolio | $130,100,000 | 3.8400% | 0.01533% | 0.00250% | 0.00000% | 0.00125% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 4 | No | 120 | 116 | 36 | 32 | 360 | |||
Property | 12.01 | Hauppauge Office Park | 12/1/2020 | $97,100,000 | 6/10/2020 | |||||||||||||||||||
Property | 12.02 | 20 Commerce | 12/1/2020 | $33,000,000 | 6/11/2020 | |||||||||||||||||||
Loan | 20 | 13 | 12510 & 12600 Cardinal Meadow | 12/31/2020 | $25,100,000 | 12/8/2020 | 4.4300% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 0 | 0 | 360 | |
Loan | 8 | 14 | Sunrise Corporate Plaza I | 2/28/2021 | $24,900,000 | 3/1/2021 | 3.6300% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | |
Loan | 15 | Colonnades West | 12/31/2020 | $23,100,000 | 10/31/2019 | 3.8100% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 16 | No | 120 | 104 | 120 | 104 | 0 | ||
Loan | 16 | LA Creative Industrial Portfolio | 4/5/2021 | $30,800,000 | 11/20/2020 | 4.0950% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Loan | 17 | Frankfort Crossing | 12/7/2020 | $22,600,000 | 2/6/2021 | 3.4500% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 60 | 59 | 360 | ||
Loan | 6, 9 | 18 | East Boston Multifamily Portfolio 1 | $24,100,000 | 2/3/2021 | 4.7620% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Property | 18.01 | 298-300 Meridian Street | 3/16/2021 | $5,380,000 | 2/3/2021 | |||||||||||||||||||
Property | 18.02 | 151-153 Meridian Street | 3/16/2021 | $2,230,000 | 2/3/2021 | |||||||||||||||||||
Property | 18.03 | 108-110 Meridian Street | 3/16/2021 | $2,190,000 | 2/3/2021 | |||||||||||||||||||
Property | 18.04 | 144-146 Chester Avenue | 3/16/2021 | $1,660,000 | 2/3/2021 | |||||||||||||||||||
Property | 18.05 | 236 Princeton Street | 3/16/2021 | $1,360,000 | 2/3/2021 | |||||||||||||||||||
Property | 18.06 | 346 Chelsea Street | 3/16/2021 | $1,220,000 | 2/3/2021 | |||||||||||||||||||
Property | 18.07 | 151 Saratoga Street | 3/16/2021 | $1,220,000 | 2/3/2021 | |||||||||||||||||||
Property | 18.08 | 17 Morris Street | 3/16/2021 | $1,180,000 | 2/3/2021 | |||||||||||||||||||
Property | 18.09 | 8 Curtis Street | 3/16/2021 | $1,160,000 | 2/3/2021 | |||||||||||||||||||
Property | 18.10 | 329 Paris Street | 3/16/2021 | $1,130,000 | 2/3/2021 | |||||||||||||||||||
Property | 18.11 | 187 Maverick Street | 3/16/2021 | $1,090,000 | 2/3/2021 | |||||||||||||||||||
Property | 18.12 | 62 Chelsea Street | 3/16/2021 | $1,040,000 | 2/3/2021 | |||||||||||||||||||
Property | 18.13 | 26 Decatur Street | 3/16/2021 | $1,040,000 | 2/3/2021 | |||||||||||||||||||
Property | 18.14 | 133 Eutaw Street | 3/16/2021 | $1,030,000 | 2/3/2021 | |||||||||||||||||||
Loan | 6 | 19 | Jones Estates Portfolio | $18,515,000 | 4.1000% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 36 | 36 | 360 | |||
Property | 19.01 | Massengills MHC | 3/1/2021 | $4,900,000 | 2/18/2021 | |||||||||||||||||||
Property | 19.02 | Brookhaven MHC | 3/1/2021 | $4,150,000 | 2/19/2021 |
A-1-7
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Occupancy Rate As-of Date | Appraised Value | Appraised Value As-of Date | Mortgage Rate | Administrative Fee Rate(3) | Master Servicing Fee Rate | Primary Servicing Fee Rate | Pari Passu Loan Primary Servicing Fee Rate | Trustee Fee Rate | Trust Advisor Fee Rate | Asset Representations Reviewer Fee Rate | CREFC Fee Rate | Interest Accrual Basis | Seasoning (mos.) | ARD (Yes/No) | Original Term to Maturity (mos.) | Remaining Term to Maturity (mos.) | Original Interest-Only Period (mos.) | Remaining Interest-Only Period (mos.) | Original Amortization Term (mos.) | |
Property | 19.03 | Leisure Park MHC | 3/1/2021 | $2,800,000 | 2/15/2021 | |||||||||||||||||||
Property | 19.04 | Twin Branch MHC | 3/1/2021 | $2,525,000 | 2/15/2021 | |||||||||||||||||||
Property | 19.05 | Hannibal MHC | 3/1/2021 | $1,740,000 | 2/19/2021 | |||||||||||||||||||
Property | 19.06 | Whispering Pines | 3/1/2021 | $1,490,000 | 2/15/2021 | |||||||||||||||||||
Property | 19.07 | Avalon MHC | 3/1/2021 | $910,000 | 2/15/2021 | |||||||||||||||||||
Loan | 6, 7 | 20 | Archer Portfolio | $22,600,000 | 4.4600% | 0.04658% | 0.00250% | 0.03250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 60 | 59 | 360 | |||
Property | 20.01 | Crown Point Center | 1/1/2021 | $10,200,000 | 2/4/2021 | |||||||||||||||||||
Property | 20.02 | Spanish Village | 3/1/2021 | $6,800,000 | 2/3/2021 | |||||||||||||||||||
Property | 20.03 | Bouquet Canyon | 1/1/2021 | $5,600,000 | 1/27/2021 | |||||||||||||||||||
Loan | 21 | 21 | 6851 River Road | 5/6/2021 | $23,650,000 | 2/26/2021 | 4.1720% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 0 | 0 | 240 | |
Loan | 5 | 22 | Appletree Business Park | 11/18/2020 | $87,500,000 | 11/10/2020 | 3.8420% | 0.01533% | 0.00250% | 0.00000% | 0.00125% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | 30/360 | 5 | No | 120 | 115 | 24 | 19 | 360 | |
Loan | 23 | 179 East 116th Street | 3/15/2021 | $20,650,000 | 3/2/2021 | 4.0670% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Loan | 9, 22, 23 | 24 | 25-22 30th Drive | 3/30/2021 | $19,100,000 | 5/1/2021 | 4.3360% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | |
Loan | 25 | The Villas at Willow Run | 3/18/2021 | $17,000,000 | 2/11/2021 | 3.7450% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Loan | 26 | Pillars at HBU | 3/8/2021 | $19,200,000 | 1/14/2021 | 3.8600% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Loan | 6, 7 | 27 | Indy Multifamily | $14,700,000 | 3.8500% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 2 | No | 120 | 118 | 120 | 118 | 0 | |||
Property | 27.01 | The Delaware | 2/1/2021 | $9,600,000 | 1/22/2021 | |||||||||||||||||||
Property | 27.02 | 632 MLK Apartments | 2/1/2021 | $5,100,000 | 1/22/2021 | |||||||||||||||||||
Loan | 28 | 4500 Alexander Boulevard Northeast | 2/28/2021 | $13,200,000 | 1/5/2021 | 4.4000% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 0 | No | 60 | 60 | 6 | 6 | 360 | ||
Loan | 6, 7 | 29 | MC Office Portfolio | $14,200,000 | 3.8840% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 0 | 0 | 360 | |||
Property | 29.01 | 43630 Hayes Road | 3/3/2021 | $5,600,000 | 1/19/2021 | |||||||||||||||||||
Property | 29.02 | 15950 East 12 Mile Road | 3/3/2021 | $2,600,000 | 1/19/2021 | |||||||||||||||||||
Property | 29.03 | 43740 North Groesbeck Highway | 5/6/2021 | $2,400,000 | 1/19/2021 | |||||||||||||||||||
Property | 29.04 | 30117 Schoenherr Road | 3/3/2021 | $1,800,000 | 1/19/2021 | |||||||||||||||||||
Property | 29.05 | 30300 Hoover Road | 5/6/2021 | $1,800,000 | 1/19/2021 | |||||||||||||||||||
Loan | 30 | Durango Commons | 11/1/2020 | $13,275,000 | 2/17/2021 | 3.9950% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Loan | 31 | Savannah Industrial | 2/1/2021 | $13,125,000 | 2/25/2021 | 4.2900% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Loan | 32 | Route 1 Self Storage | 2/23/2021 | $14,925,000 | 1/6/2021 | 3.3250% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Loan | 24 | 33 | 486 East 28th Street | 3/16/2021 | $12,700,000 | 3/1/2021 | 4.0250% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | |
Loan | 34 | Riverwood Research Center | 2/1/2021 | $10,600,000 | 2/5/2021 | 3.9100% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 12 | 11 | 360 | ||
Loan | 35 | Menifee Range Self Storage and RV | 1/10/2021 | $16,400,000 | 1/10/2021 | 3.2700% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Loan | 36 | Dollar Self Storage #10 - Apache Junction | 1/21/2021 | $12,700,000 | 1/25/2021 | 3.7800% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 36 | 35 | 360 | ||
Loan | 6 | 37 | StorWise SS Portfolio - Tahoe | $11,580,000 | 3.9990% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 2 | No | 120 | 118 | 0 | 0 | 360 | |||
Property | 37.01 | StorWise Kingsbury | 2/17/2021 | $7,480,000 | 1/19/2021 | |||||||||||||||||||
Property | 37.02 | StorWise Tahoe | 2/17/2021 | $4,100,000 | 1/19/2021 | |||||||||||||||||||
Loan | 38 | Marshall Avenue Industrial Park | 3/1/2021 | $11,450,000 | 3/10/2021 | 3.9900% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | ||
Loan | 25 | 39 | Montgomery Self Storage | 2/18/2021 | $10,350,000 | 2/22/2021 | 3.7900% | 0.05658% | 0.00250% | 0.04250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 60 | 59 | 360 | |
Loan | 40 | Store Safe Baton Rouge | 1/22/2021 | $10,000,000 | 1/25/2021 | 4.0000% | 0.06658% | 0.00250% | 0.05250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | ||
Loan | 26 | 41 | Desert’s Edge RV Park | 2/9/2021 | $15,600,000 | 2/17/2021 | 3.7150% | 0.07408% | 0.00250% | 0.06000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | |
Loan | 42 | Friar’s Branch Crossing | 3/1/2021 | $8,900,000 | 3/2/2021 | 3.6800% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 36 | 36 | 360 | ||
Loan | 43 | Lantern Building | 3/5/2021 | $8,250,000 | 12/3/2020 | 4.4800% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 36 | 35 | 360 | ||
Loan | 44 | A&S Apartments | 2/2/2021 | $8,600,000 | 11/19/2020 | 3.8600% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | ||
Loan | 6 | 45 | CVS Portfolio | $7,750,000 | 4.7700% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 60 | 59 | 360 | |||
Property | 45.01 | CVS Fort Wayne | 5/6/2021 | $4,000,000 | 12/3/2020 | |||||||||||||||||||
Property | 45.02 | CVS Garden City | 5/6/2021 | $3,750,000 | 11/25/2020 | |||||||||||||||||||
Loan | 46 | Hollywood 95 Office Center | 3/22/2021 | $11,000,000 | 2/19/2021 | 3.6870% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Loan | 5 | 47 | McCarthy Ranch | 12/31/2020 | $74,400,000 | 12/4/2019 | 3.6940% | 0.01658% | 0.00250% | 0.00000% | 0.00250% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 15 | No | 120 | 105 | 120 | 105 | 0 | |
Loan | 48 | Whitehall Apartments | 2/2/2021 | $8,500,000 | 11/16/2020 | 3.8600% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | ||
Loan | 49 | Baychester Shopping Center | 3/18/2021 | $18,200,000 | 2/9/2021 | 3.6950% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Loan | 50 | Inverness Dental and Medical Plaza | 3/1/2021 | $7,250,000 | 2/4/2021 | 3.9990% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 60 | 59 | 360 | ||
Loan | 51 | CubeSmart Winston-Salem | 2/11/2021 | $10,200,000 | 12/17/2020 | 4.0800% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Loan | 52 | 2015-2021 West Race Avenue | 2/20/2021 | $5,700,000 | 2/26/2021 | 4.3200% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 24 | 23 | 360 | ||
Loan | 53 | Comfort Inn & Suites Southport | 11/30/2020 | $7,600,000 | 5/30/2019 | 4.3900% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 21 | No | 120 | 99 | 0 | 0 | 360 | ||
Loan | 27 | 54 | 1101 California Avenue | 3/31/2021 | $7,200,000 | 3/1/2021 | 3.9660% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | |
Loan | 55 | E&B Apartments | 2/2/2021 | $7,100,000 | 11/19/2020 | 3.8600% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | ||
Loan | 56 | Cedar Lofts Apartments | 3/1/2021 | $7,500,000 | 1/20/2021 | 4.4850% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 2 | No | 120 | 118 | 120 | 118 | 0 | ||
Loan | 6 | 57 | Keepsake Storage Portfolio | $5,275,000 | 4.4900% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 24 | 23 | 360 | |||
Property | 57.01 | Commonwealth Storage | 3/18/2021 | $3,400,000 | 2/24/2021 | |||||||||||||||||||
Property | 57.02 | Keepsake Storage | 3/18/2021 | $1,875,000 | 2/24/2021 | |||||||||||||||||||
Loan | 58 | Anchor Baker Storage | 3/24/2021 | $4,960,000 | 3/4/2021 | 4.4460% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 36 | 35 | 360 | ||
Loan | 8, 28 | 59 | 571 Hudson Coop | 2/1/2021 | $36,332,500 | 2/5/2021 | 3.4200% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | |
Loan | 60 | 1425 Bruckner Fee | N/A | $6,100,000 | 3/1/2021 | 4.1400% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Loan | 61 | Grand Avenue Storage | 2/28/2021 | $5,300,000 | 2/25/2021 | 3.8100% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | ||
Loan | 62 | Anchor Mini Storage | 3/24/2021 | $4,230,000 | 3/4/2021 | 4.4460% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 24 | 23 | 360 | ||
Loan | 63 | Netana Apartments | 2/2/2021 | $4,200,000 | 11/19/2020 | 3.8600% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | ||
Loan | 64 | Windy Acres MHC | 3/3/2021 | $5,090,000 | 3/11/2021 | 3.5900% | 0.02408% | 0.00250% | 0.01000% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | ||
Loan | 6 | 65 | Maple Hills & Walnut Valley MHP | $3,680,000 | 4.5580% | 0.01658% | 0.00250% | 0.00250% | 0.00000% | 0.00912% | 0.00164% | 0.00032% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 24 | 23 | 360 | |||
Property | 65.01 | Maple Hills MHP | 3/25/2021 | $2,130,000 | 3/15/2021 | |||||||||||||||||||
Property | 65.02 | Walnut Valley MHP | 3/25/2021 | $1,550,000 | 3/15/2021 |
A-1-8
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Remaining Amortization Term (mos.) | Note Date | First Payment Date | First P&I Payment Date (Partial IO Loans) | Maturity Date | ARD Loan Final Maturity Date | Monthly Debt Service (P&I) | Monthly Debt Service (IO) | Annual Debt Service (P&I) | Annual Debt Service (IO) | Lockbox Type | Cash Management Status | Crossed With Other Loans | Related-Borrower Loans | UW NOI DSCR (P&I) | UW NOI DSCR (IO) | UW NCF DSCR (P&I) | UW NCF DSCR (IO) | Cut-Off Date LTV Ratio |
Loan | 6, 9, 10 | 1 | Extra Space Self Storage Portfolio | 0 | 4/16/2021 | 6/6/2021 | N/A | 5/6/2031 | 5/6/2031 | $0.00 | $219,126.74 | $0.00 | $2,629,520.88 | Soft | In Place | No | N/A | N/A | 1.92x | N/A | 1.89x | 46.3% |
Property | 1.01 | Extra Space Brickell | ||||||||||||||||||||
Property | 1.02 | Extra Space Ocoee | ||||||||||||||||||||
Property | 1.03 | Extra Space West Doral | ||||||||||||||||||||
Property | 1.04 | Extra Space Coconut Grove | ||||||||||||||||||||
Property | 1.05 | Extra Space Alpharetta | ||||||||||||||||||||
Property | 1.06 | Extra Space Fleming Island | ||||||||||||||||||||
Property | 1.07 | Extra Space Marietta | ||||||||||||||||||||
Loan | 11, 12 | 2 | 215 Coles Street | 0 | 4/6/2021 | 5/6/2021 | N/A | 4/6/2026 | 4/6/2026 | $0.00 | $167,798.61 | $0.00 | $2,013,583.33 | Hard | Springing | No | N/A | N/A | 3.23x | N/A | 3.03x | 48.2% |
Loan | 6, 7, 9 | 3 | Ahold Portfolio | 0 | 3/10/2021 | 5/1/2021 | N/A | 4/1/2031 | 4/1/2031 | $0.00 | $99,457.48 | $0.00 | $1,193,489.76 | None | Springing | No | N/A | N/A | 3.43x | N/A | 3.37x | 42.2% |
Property | 3.01 | Stop & Shop - South Yarmouth | ||||||||||||||||||||
Property | 3.02 | Stop & Shop - Peabody | ||||||||||||||||||||
Property | 3.03 | Stop & Shop - Arlington | ||||||||||||||||||||
Property | 3.04 | Stop & Shop - Lexington | ||||||||||||||||||||
Loan | 6, 9 | 4 | NOLA Logistics Portfolio | 0 | 3/30/2021 | 5/6/2021 | N/A | 4/6/2031 | 4/6/2031 | $0.00 | $120,559.84 | $0.00 | $1,446,718.06 | Springing | Springing | No | N/A | N/A | 2.63x | N/A | 2.40x | 63.0% |
Property | 4.01 | 115 Canvasback Drive | ||||||||||||||||||||
Property | 4.02 | 150 Teal Street | ||||||||||||||||||||
Property | 4.03 | 120 Mallard Street | ||||||||||||||||||||
Property | 4.04 | 110 Widgeon Drive | ||||||||||||||||||||
Property | 4.05 | 150 James Drive East | ||||||||||||||||||||
Property | 4.06 | 161 James Drive West | ||||||||||||||||||||
Property | 4.07 | 100 James Drive | ||||||||||||||||||||
Property | 4.08 | 150 Canvasback Drive | ||||||||||||||||||||
Property | 4.09 | 125 James Drive West | ||||||||||||||||||||
Property | 4.10 | 190 James Drive East | ||||||||||||||||||||
Property | 4.11 | 160 James Drive East | ||||||||||||||||||||
Property | 4.12 | 107 Mallard Street | ||||||||||||||||||||
Property | 4.13 | 125 Mallard Street | ||||||||||||||||||||
Property | 4.14 | 143 Mallard Street | ||||||||||||||||||||
Property | 4.15 | 115 James Drive West | ||||||||||||||||||||
Loan | 5, 6, 7, 8, 13, 14, 15, 16 | 5 | MGM Grand & Mandalay Bay | 0 | 2/14/2020 | 4/5/2020 | N/A | 3/5/2030 | 3/5/2032 | $0.00 | $109,265.64 | $0.00 | $1,311,187.68 | Hard | Springing | No | N/A | N/A | 4.95x | N/A | 4.95x | 35.5% |
Property | 5.01 | MGM Grand | ||||||||||||||||||||
Property | 5.02 | Mandalay Bay | ||||||||||||||||||||
Loan | 17 | 6 | Lullwater at Blair Stone | 0 | 3/4/2021 | 4/6/2021 | N/A | 3/6/2031 | 3/6/2031 | $0.00 | $100,950.89 | $0.00 | $1,211,410.68 | Springing | Springing | No | N/A | N/A | 2.06x | N/A | 2.01x | 61.5% |
Loan | 7 | Woods on LaMonte | 0 | 3/1/2021 | 4/1/2021 | N/A | 3/1/2031 | 3/1/2031 | $0.00 | $93,016.83 | $0.00 | $1,116,201.96 | Springing | Springing | No | N/A | N/A | 2.19x | N/A | 2.05x | 64.2% | |
Loan | 8 | Olympus Corporate Center | 360 | 3/25/2021 | 5/1/2021 | 5/1/2026 | 4/1/2031 | 4/1/2031 | $115,791.32 | $77,347.05 | $1,389,495.84 | $928,164.60 | None | In Place | No | N/A | 2.26x | 3.38x | 2.07x | 3.10x | 56.0% | |
Loan | 9 | The District - Airpark | 0 | 3/4/2021 | 5/1/2021 | N/A | 4/1/2031 | 4/1/2031 | $0.00 | $76,829.12 | $0.00 | $921,949.44 | Springing | Springing | No | N/A | N/A | 2.92x | N/A | 2.70x | 61.4% | |
Loan | 10 | Allied Plaza | 0 | 4/1/2021 | 5/6/2021 | N/A | 4/6/2031 | 4/6/2031 | $0.00 | $51,615.39 | $0.00 | $619,384.72 | Springing | Springing | No | N/A | N/A | 4.55x | N/A | 4.27x | 48.8% | |
Loan | 6 | 11 | Central Canal Company Industrial Portfolio | 0 | 4/2/2021 | 5/6/2021 | N/A | 4/6/2031 | 4/6/2031 | $0.00 | $66,122.45 | $0.00 | $793,469.44 | Springing | Springing | No | N/A | N/A | 3.39x | N/A | 3.22x | 49.8% |
Property | 11.01 | Venture & Forsyth | ||||||||||||||||||||
Property | 11.02 | Carter I & II | ||||||||||||||||||||
Property | 11.03 | Northstar Business Park | ||||||||||||||||||||
Property | 11.04 | Michigan I & II | ||||||||||||||||||||
Property | 11.05 | Taft Vineland | ||||||||||||||||||||
Property | 11.06 | Lyman Road | ||||||||||||||||||||
Loan | 5, 6, 8, 12, 18, 19 | 12 | Signature Office Portfolio | 360 | 12/7/2020 | 2/6/2021 | 2/6/2024 | 1/6/2031 | 1/6/2031 | $92,565.84 | $64,139.42 | $1,110,790.08 | $769,673.07 | Hard | Springing | No | N/A | 1.64x | 2.36x | 1.50x | 2.16x | 69.0% |
Property | 12.01 | Hauppauge Office Park | ||||||||||||||||||||
Property | 12.02 | 20 Commerce | ||||||||||||||||||||
Loan | 20 | 13 | 12510 & 12600 Cardinal Meadow | 359 | 3/26/2021 | 5/1/2021 | N/A | 4/1/2031 | 4/1/2031 | $83,219.73 | $0.00 | $998,636.76 | $0.00 | Springing | Springing | No | N/A | 1.64x | N/A | 1.51x | N/A | 65.9% |
Loan | 8 | 14 | Sunrise Corporate Plaza I | 0 | 3/24/2021 | 5/1/2021 | N/A | 4/1/2031 | 4/1/2031 | $0.00 | $49,838.98 | $0.00 | $598,067.76 | Springing | Springing | No | N/A | N/A | 2.85x | N/A | 2.45x | 65.3% |
Loan | 15 | Colonnades West | 0 | 12/30/2019 | 2/1/2020 | N/A | 1/1/2030 | 1/1/2030 | $0.00 | $49,924.98 | $0.00 | $599,099.76 | Springing | Springing | No | N/A | N/A | 2.78x | N/A | 2.70x | 67.1% | |
Loan | 16 | LA Creative Industrial Portfolio | 0 | 4/6/2021 | 5/6/2021 | N/A | 4/6/2031 | 4/6/2031 | $0.00 | $52,763.41 | $0.00 | $633,160.94 | Springing | Springing | No | N/A | N/A | 2.81x | N/A | 2.70x | 49.5% | |
Loan | 17 | Frankfort Crossing | 360 | 3/19/2021 | 5/1/2021 | 5/1/2026 | 4/1/2031 | 4/1/2031 | $65,153.71 | $42,557.99 | $781,844.52 | $510,695.88 | Springing | Springing | No | N/A | 1.98x | 3.03x | 1.82x | 2.79x | 64.6% | |
Loan | 6, 9 | 18 | East Boston Multifamily Portfolio 1 | 0 | 3/22/2021 | 5/6/2021 | N/A | 4/6/2031 | 4/6/2031 | $0.00 | $57,937.67 | $0.00 | $695,252.00 | Hard | Springing | No | N/A | N/A | 1.56x | N/A | 1.54x | 59.8% |
Property | 18.01 | 298-300 Meridian Street | ||||||||||||||||||||
Property | 18.02 | 151-153 Meridian Street | ||||||||||||||||||||
Property | 18.03 | 108-110 Meridian Street | ||||||||||||||||||||
Property | 18.04 | 144-146 Chester Avenue | ||||||||||||||||||||
Property | 18.05 | 236 Princeton Street | ||||||||||||||||||||
Property | 18.06 | 346 Chelsea Street | ||||||||||||||||||||
Property | 18.07 | 151 Saratoga Street | ||||||||||||||||||||
Property | 18.08 | 17 Morris Street | ||||||||||||||||||||
Property | 18.09 | 8 Curtis Street | ||||||||||||||||||||
Property | 18.10 | 329 Paris Street | ||||||||||||||||||||
Property | 18.11 | 187 Maverick Street | ||||||||||||||||||||
Property | 18.12 | 62 Chelsea Street | ||||||||||||||||||||
Property | 18.13 | 26 Decatur Street | ||||||||||||||||||||
Property | 18.14 | 133 Eutaw Street | ||||||||||||||||||||
Loan | 6 | 19 | Jones Estates Portfolio | 360 | 4/19/2021 | 6/1/2021 | 6/1/2024 | 5/1/2031 | 5/1/2031 | $62,574.19 | $44,860.36 | $750,890.28 | $538,324.32 | Springing | Springing | No | N/A | 1.52x | 2.12x | 1.49x | 2.08x | 69.9% |
Property | 19.01 | Massengills MHC | ||||||||||||||||||||
Property | 19.02 | Brookhaven MHC |
A-1-9
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Remaining Amortization Term (mos.) | Note Date | First Payment Date | First P&I Payment Date (Partial IO Loans) | Maturity Date | ARD Loan Final Maturity Date | Monthly Debt Service (P&I) | Monthly Debt Service (IO) | Annual Debt Service (P&I) | Annual Debt Service (IO) | Lockbox Type | Cash Management Status | Crossed With Other Loans | Related-Borrower Loans | UW NOI DSCR (P&I) | UW NOI DSCR (IO) | UW NCF DSCR (P&I) | UW NCF DSCR (IO) | Cut-Off Date LTV Ratio |
Property | 19.03 | Leisure Park MHC | ||||||||||||||||||||
Property | 19.04 | Twin Branch MHC | ||||||||||||||||||||
Property | 19.05 | Hannibal MHC | ||||||||||||||||||||
Property | 19.06 | Whispering Pines | ||||||||||||||||||||
Property | 19.07 | Avalon MHC | ||||||||||||||||||||
Loan | 6, 7 | 20 | Archer Portfolio | 360 | 3/10/2021 | 5/1/2021 | 5/1/2026 | 4/1/2031 | 4/1/2031 | $64,738.45 | $48,373.50 | $776,861.40 | $580,482.00 | Soft | Springing | No | N/A | 1.80x | 2.41x | 1.66x | 2.22x | 56.8% |
Property | 20.01 | Crown Point Center | ||||||||||||||||||||
Property | 20.02 | Spanish Village | ||||||||||||||||||||
Property | 20.03 | Bouquet Canyon | ||||||||||||||||||||
Loan | 21 | 21 | 6851 River Road | 239 | 4/1/2021 | 5/6/2021 | N/A | 4/6/2031 | 4/6/2031 | $76,885.23 | $0.00 | $922,622.76 | $0.00 | Hard | Springing | No | N/A | 1.59x | N/A | 1.57x | N/A | 52.7% |
Loan | 5 | 22 | Appletree Business Park | 360 | 11/25/2020 | 1/6/2021 | 1/6/2023 | 12/6/2030 | 12/6/2030 | $57,607.23 | $39,380.50 | $691,286.76 | $472,566.00 | Hard | In Place | No | N/A | 2.03x | 2.97x | 1.92x | 2.81x | 56.9% |
Loan | 23 | 179 East 116th Street | 0 | 3/31/2021 | 5/6/2021 | N/A | 4/6/2031 | 4/6/2031 | $0.00 | $41,234.86 | $0.00 | $494,818.33 | Springing | Springing | No | N/A | N/A | 2.02x | N/A | 1.94x | 58.1% | |
Loan | 9, 22, 23 | 24 | 25-22 30th Drive | 0 | 4/1/2021 | 5/6/2021 | N/A | 4/6/2031 | 4/6/2031 | $0.00 | $43,962.22 | $0.00 | $527,546.67 | Springing | Springing | No | N/A | N/A | 1.49x | N/A | 1.49x | 58.1% |
Loan | 25 | The Villas at Willow Run | 0 | 4/1/2021 | 5/1/2021 | N/A | 4/1/2031 | 4/1/2031 | $0.00 | $34,964.17 | $0.00 | $419,570.04 | Springing | Springing | No | N/A | N/A | 2.14x | N/A | 2.09x | 65.0% | |
Loan | 26 | Pillars at HBU | 0 | 3/12/2021 | 5/6/2021 | N/A | 4/6/2031 | 4/6/2031 | $0.00 | $30,330.49 | $0.00 | $363,965.88 | Hard | Springing | No | N/A | N/A | 3.08x | N/A | 3.01x | 48.4% | |
Loan | 6, 7 | 27 | Indy Multifamily | 0 | 2/25/2021 | 4/1/2021 | N/A | 3/1/2031 | 3/1/2031 | $0.00 | $29,812.77 | $0.00 | $357,753.24 | Springing | Springing | No | N/A | N/A | 2.33x | N/A | 2.24x | 62.3% |
Property | 27.01 | The Delaware | ||||||||||||||||||||
Property | 27.02 | 632 MLK Apartments | ||||||||||||||||||||
Loan | 28 | 4500 Alexander Boulevard Northeast | 360 | 4/9/2021 | 6/6/2021 | 12/6/2021 | 5/6/2026 | 5/6/2026 | $45,068.48 | $33,458.33 | $540,821.76 | $401,499.96 | Hard | Springing | No | N/A | 1.76x | 2.38x | 1.67x | 2.25x | 68.2% | |
Loan | 6, 7 | 29 | MC Office Portfolio | 359 | 3/9/2021 | 5/6/2021 | N/A | 4/6/2031 | 4/6/2031 | $42,367.68 | $0.00 | $508,412.16 | $0.00 | Springing | Springing | No | N/A | 2.49x | N/A | 2.29x | N/A | 63.3% |
Property | 29.01 | 43630 Hayes Road | ||||||||||||||||||||
Property | 29.02 | 15950 East 12 Mile Road | ||||||||||||||||||||
Property | 29.03 | 43740 North Groesbeck Highway | ||||||||||||||||||||
Property | 29.04 | 30117 Schoenherr Road | ||||||||||||||||||||
Property | 29.05 | 30300 Hoover Road | ||||||||||||||||||||
Loan | 30 | Durango Commons | 0 | 4/1/2021 | 5/1/2021 | N/A | 4/1/2031 | 4/1/2031 | $0.00 | $29,112.87 | $0.00 | $349,354.44 | Hard | Springing | No | N/A | N/A | 2.47x | N/A | 2.20x | 65.0% | |
Loan | 31 | Savannah Industrial | 0 | 3/31/2021 | 5/1/2021 | N/A | 4/1/2031 | 4/1/2031 | $0.00 | $30,918.29 | $0.00 | $371,019.48 | Springing | Springing | No | N/A | N/A | 2.08x | N/A | 1.94x | 65.0% | |
Loan | 32 | Route 1 Self Storage | 0 | 3/9/2021 | 5/1/2021 | N/A | 4/1/2031 | 4/1/2031 | $0.00 | $23,317.33 | $0.00 | $279,807.96 | Springing | Springing | No | N/A | N/A | 2.79x | N/A | 2.74x | 55.6% | |
Loan | 24 | 33 | 486 East 28th Street | 0 | 3/19/2021 | 5/6/2021 | N/A | 4/6/2031 | 4/6/2031 | $0.00 | $27,886.17 | $0.00 | $334,634.03 | Springing | Springing | No | N/A | N/A | 1.75x | N/A | 1.74x | 64.6% |
Loan | 34 | Riverwood Research Center | 360 | 3/4/2021 | 5/1/2021 | 5/1/2022 | 4/1/2031 | 4/1/2031 | $37,210.25 | $26,030.62 | $446,523.00 | $312,367.44 | Springing | Springing | No | Group B | 1.79x | 2.55x | 1.60x | 2.29x | 74.3% | |
Loan | 35 | Menifee Range Self Storage and RV | 0 | 3/2/2021 | 5/1/2021 | N/A | 4/1/2031 | 4/1/2031 | $0.00 | $20,721.35 | $0.00 | $248,656.20 | Springing | Springing | No | N/A | N/A | 3.20x | N/A | 3.14x | 45.7% | |
Loan | 36 | Dollar Self Storage #10 - Apache Junction | 360 | 3/2/2021 | 5/1/2021 | 5/1/2024 | 4/1/2031 | 4/1/2031 | $33,699.42 | $23,154.69 | $404,393.04 | $277,856.28 | Springing | Springing | No | N/A | 1.77x | 2.58x | 1.75x | 2.54x | 57.1% | |
Loan | 6 | 37 | StorWise SS Portfolio - Tahoe | 358 | 2/25/2021 | 4/6/2021 | N/A | 3/6/2031 | 3/6/2031 | $33,176.36 | $0.00 | $398,116.32 | $0.00 | Springing | Springing | No | N/A | 1.48x | N/A | 1.46x | N/A | 59.9% |
Property | 37.01 | StorWise Kingsbury | ||||||||||||||||||||
Property | 37.02 | StorWise Tahoe | ||||||||||||||||||||
Loan | 38 | Marshall Avenue Industrial Park | 0 | 4/14/2021 | 6/6/2021 | N/A | 5/6/2031 | 5/6/2031 | $0.00 | $22,924.03 | $0.00 | $275,088.36 | Hard | Springing | No | N/A | N/A | 2.50x | N/A | 2.21x | 59.4% | |
Loan | 25 | 39 | Montgomery Self Storage | 360 | 3/11/2021 | 5/6/2021 | 5/6/2026 | 4/6/2031 | 4/6/2031 | $31,181.01 | $21,454.73 | $374,172.12 | $257,456.81 | Springing | Springing | No | N/A | 1.48x | 2.15x | 1.46x | 2.12x | 60.9% |
Loan | 40 | Store Safe Baton Rouge | 0 | 4/2/2021 | 6/1/2021 | N/A | 5/1/2031 | 5/1/2031 | $0.00 | $22,359.63 | $0.00 | $268,315.56 | Springing | Springing | No | N/A | N/A | 2.56x | N/A | 2.49x | 66.2% | |
Loan | 26 | 41 | Desert’s Edge RV Park | 0 | 3/30/2021 | 5/1/2021 | N/A | 4/1/2031 | 4/1/2031 | $0.00 | $18,832.99 | $0.00 | $225,995.88 | Springing | Springing | No | N/A | N/A | 4.23x | N/A | 4.18x | 38.5% |
Loan | 42 | Friar’s Branch Crossing | 360 | 4/8/2021 | 6/1/2021 | 6/1/2024 | 5/1/2031 | 5/1/2031 | $27,250.70 | $18,453.45 | $327,008.40 | $221,441.40 | Springing | Springing | No | Group B | 2.46x | 3.63x | 2.18x | 3.22x | 66.7% | |
Loan | 43 | Lantern Building | 360 | 3/12/2021 | 5/6/2021 | 5/6/2024 | 4/6/2031 | 4/6/2031 | $27,802.37 | $20,818.52 | $333,628.44 | $249,822.22 | Springing | Springing | No | N/A | 1.99x | 2.66x | 1.67x | 2.23x | 66.7% | |
Loan | 44 | A&S Apartments | 0 | 4/6/2021 | 6/1/2021 | N/A | 5/1/2031 | 5/1/2031 | $0.00 | $17,611.25 | $0.00 | $211,335.00 | Springing | Springing | No | Group A | N/A | 2.10x | N/A | 2.02x | 62.8% | |
Loan | 6 | 45 | CVS Portfolio | 360 | 3/19/2021 | 5/6/2021 | 5/6/2026 | 4/6/2031 | 4/6/2031 | $27,711.24 | $21,360.10 | $332,534.88 | $256,321.25 | Hard | Springing | No | N/A | 1.30x | 1.68x | 1.30x | 1.68x | 68.4% |
Property | 45.01 | CVS Fort Wayne | ||||||||||||||||||||
Property | 45.02 | CVS Garden City | ||||||||||||||||||||
Loan | 46 | Hollywood 95 Office Center | 0 | 3/25/2021 | 5/6/2021 | N/A | 4/6/2031 | 4/6/2031 | $0.00 | $15,575.87 | $0.00 | $186,910.42 | Springing | Springing | No | N/A | N/A | 3.62x | N/A | 3.35x | 45.5% | |
Loan | 5 | 47 | McCarthy Ranch | 0 | 1/24/2020 | 3/6/2020 | N/A | 2/6/2030 | 2/6/2030 | $0.00 | $15,605.44 | $0.00 | $187,265.28 | Hard | Springing | No | N/A | N/A | 2.22x | N/A | 2.07x | 60.5% |
Loan | 48 | Whitehall Apartments | 0 | 4/6/2021 | 6/1/2021 | N/A | 5/1/2031 | 5/1/2031 | $0.00 | $16,225.18 | $0.00 | $194,702.16 | Springing | Springing | No | Group A | N/A | 2.05x | N/A | 1.88x | 58.5% | |
Loan | 49 | Baychester Shopping Center | 0 | 3/30/2021 | 5/6/2021 | N/A | 4/6/2031 | 4/6/2031 | $0.00 | $14,829.18 | $0.00 | $177,950.16 | None | None | No | N/A | N/A | 4.54x | N/A | 4.41x | 26.1% | |
Loan | 50 | Inverness Dental and Medical Plaza | 360 | 3/16/2021 | 5/1/2021 | 5/1/2026 | 4/1/2031 | 4/1/2031 | $22,266.97 | $15,760.78 | $267,203.64 | $189,129.36 | Springing | Springing | No | N/A | 1.72x | 2.43x | 1.55x | 2.19x | 64.3% | |
Loan | 51 | CubeSmart Winston-Salem | 0 | 4/1/2021 | 5/1/2021 | N/A | 4/1/2031 | 4/1/2031 | $0.00 | $14,219.79 | $0.00 | $170,637.48 | Springing | Springing | No | N/A | N/A | 2.46x | N/A | 2.41x | 40.4% | |
Loan | 52 | 2015-2021 West Race Avenue | 360 | 3/31/2021 | 5/1/2021 | 5/1/2023 | 4/1/2031 | 4/1/2031 | $20,461.92 | $15,056.25 | $245,543.04 | $180,675.00 | Springing | Springing | No | N/A | 1.31x | 1.77x | 1.30x | 1.76x | 72.4% | |
Loan | 53 | Comfort Inn & Suites Southport | 339 | 7/17/2019 | 9/1/2019 | N/A | 8/1/2029 | 8/1/2029 | $20,506.99 | $0.00 | $246,083.88 | $0.00 | Springing | Springing | No | N/A | 2.47x | N/A | 2.19x | N/A | 52.4% | |
Loan | 27 | 54 | 1101 California Avenue | 0 | 4/5/2021 | 5/6/2021 | N/A | 4/6/2031 | 4/6/2031 | $0.00 | $13,403.61 | $0.00 | $160,843.33 | Springing | Springing | No | N/A | N/A | 2.55x | N/A | 2.25x | 54.2% |
Loan | 55 | E&B Apartments | 0 | 4/6/2021 | 6/1/2021 | N/A | 5/1/2031 | 5/1/2031 | $0.00 | $12,963.84 | $0.00 | $155,566.08 | Springing | Springing | No | Group A | N/A | 2.03x | N/A | 1.95x | 56.0% | |
Loan | 56 | Cedar Lofts Apartments | 0 | 3/3/2021 | 4/6/2021 | N/A | 3/6/2031 | 3/6/2031 | $0.00 | $14,589.23 | $0.00 | $175,070.76 | Springing | Springing | No | N/A | N/A | 2.57x | N/A | 2.50x | 51.3% | |
Loan | 6 | 57 | Keepsake Storage Portfolio | 360 | 3/26/2021 | 5/6/2021 | 5/6/2023 | 4/6/2031 | 4/6/2031 | $19,484.52 | $14,605.49 | $233,814.24 | $175,265.88 | Springing | Springing | No | N/A | 1.46x | 1.95x | 1.41x | 1.88x | 73.0% |
Property | 57.01 | Commonwealth Storage | ||||||||||||||||||||
Property | 57.02 | Keepsake Storage | ||||||||||||||||||||
Loan | 58 | Anchor Baker Storage | 360 | 3/29/2021 | 5/6/2021 | 5/6/2024 | 4/6/2031 | 4/6/2031 | $18,377.09 | $13,711.07 | $220,525.08 | $164,532.88 | Springing | Springing | No | N/A | 1.48x | 1.98x | 1.44x | 1.93x | 73.6% | |
Loan | 8, 28 | 59 | 571 Hudson Coop | 0 | 3/31/2021 | 5/1/2021 | N/A | 4/1/2031 | 4/1/2031 | $0.00 | $10,113.54 | $0.00 | $121,362.48 | None | None | No | N/A | N/A | 4.69x | N/A | 4.66x | 9.6% |
Loan | 60 | 1425 Bruckner Fee | 0 | 3/23/2021 | 5/6/2021 | N/A | 4/6/2031 | 4/6/2031 | $0.00 | $12,242.71 | $0.00 | $146,912.50 | Hard | Springing | No | N/A | N/A | 1.55x | N/A | 1.55x | 57.4% | |
Loan | 61 | Grand Avenue Storage | 0 | 3/30/2021 | 5/1/2021 | N/A | 4/1/2031 | 4/1/2031 | $0.00 | $9,979.20 | $0.00 | $119,750.40 | None | None | No | N/A | N/A | 2.44x | N/A | 2.42x | 58.5% | |
Loan | 62 | Anchor Mini Storage | 360 | 3/29/2021 | 5/6/2021 | 5/6/2023 | 4/6/2031 | 4/6/2031 | $15,104.45 | $11,269.38 | $181,253.40 | $135,232.50 | Springing | Springing | No | N/A | 1.50x | 2.01x | 1.46x | 1.95x | 70.9% | |
Loan | 63 | Netana Apartments | 0 | 4/6/2021 | 6/1/2021 | N/A | 5/1/2031 | 5/1/2031 | $0.00 | $8,642.56 | $0.00 | $103,710.72 | Springing | Springing | No | Group A | N/A | 2.07x | N/A | 1.97x | 63.1% | |
Loan | 64 | Windy Acres MHC | 0 | 4/8/2021 | 6/1/2021 | N/A | 5/1/2031 | 5/1/2031 | $0.00 | $7,583.04 | $0.00 | $90,996.48 | Springing | Springing | No | N/A | N/A | 2.43x | N/A | 2.41x | 49.1% | |
Loan | 6 | 65 | Maple Hills & Walnut Valley MHP | 360 | 3/26/2021 | 5/6/2021 | 5/6/2023 | 4/6/2031 | 4/6/2031 | $10,967.95 | $8,279.84 | $131,615.40 | $99,358.07 | Springing | Springing | No | N/A | 1.56x | 2.07x | 1.51x | 2.00x | 58.4% |
Property | 65.01 | Maple Hills MHP | ||||||||||||||||||||
Property | 65.02 | Walnut Valley MHP |
A-1-10
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Maturity Date LTV Ratio | Grace Period to Late Charge (Days) | Grace Period to Default (Days) | Due Date | Prepayment Provisions (No. of Payments) | YM Formula | Third Most Recent Revenues | Third Most Recent Expenses | Third Most Recent NOI | Third Most Recent NOI Date | Third Most Recent NOI Debt Yield | Second Most Recent Revenues | Second Most Recent Expenses | Second Most Recent NOI | Second Most Recent NOI Date | Second Most Recent NOI Debt Yield | Most Recent Revenues | |
Loan | 6, 9, 10 | 1 | Extra Space Self Storage Portfolio | 46.3% | 0 | 0 | Sixth | LO(24);DEF(92);O(4) | $5,927,669 | $2,559,056 | $3,368,613 | 12/31/2018 | 5.2% | $7,310,403 | $2,973,176 | $4,337,227 | 12/31/2019 | 6.7% | $7,844,660 | ||
Property | 1.01 | Extra Space Brickell | $1,133,969 | $401,066 | $732,903 | 12/31/2018 | $1,449,109 | $573,609 | $875,500 | 12/31/2019 | $1,605,027 | ||||||||||
Property | 1.02 | Extra Space Ocoee | $948,301 | $469,329 | $478,972 | 12/31/2018 | $1,150,576 | $485,166 | $665,410 | 12/31/2019 | $1,227,670 | ||||||||||
Property | 1.03 | Extra Space West Doral | $932,046 | $367,552 | $564,494 | 12/31/2018 | $1,063,456 | $462,647 | $600,809 | 12/31/2019 | $1,165,520 | ||||||||||
Property | 1.04 | Extra Space Coconut Grove | $826,159 | $401,293 | $424,866 | 12/31/2018 | $1,031,794 | $437,310 | $594,484 | 12/31/2019 | $1,098,760 | ||||||||||
Property | 1.05 | Extra Space Alpharetta | $718,050 | $346,921 | $371,129 | 12/31/2018 | $910,337 | $366,315 | $544,022 | 12/31/2019 | $968,874 | ||||||||||
Property | 1.06 | Extra Space Fleming Island | $704,315 | $264,106 | $440,209 | 12/31/2018 | $926,967 | $337,901 | $589,066 | 12/31/2019 | $953,913 | ||||||||||
Property | 1.07 | Extra Space Marietta | $664,829 | $308,789 | $356,040 | 12/31/2018 | $778,164 | $310,228 | $467,936 | 12/31/2019 | $824,896 | ||||||||||
Loan | 11, 12 | 2 | 215 Coles Street | 48.2% | 0 | 0 | Sixth | LO(25);DEF(30);O(5) | $6,089,871 | $2,024,935 | $4,064,936 | 12/31/2019 | 6.8% | $6,226,049 | $1,946,289 | $4,279,759 | 12/31/2020 | 7.1% | $6,176,380 | ||
Loan | 6, 7, 9 | 3 | Ahold Portfolio | 42.2% | 0 | 0 | First | LO(25);YM1(92);O(3) | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
Property | 3.01 | Stop & Shop - South Yarmouth | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||
Property | 3.02 | Stop & Shop - Peabody | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||
Property | 3.03 | Stop & Shop - Arlington | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||
Property | 3.04 | Stop & Shop - Lexington | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||
Loan | 6, 9 | 4 | NOLA Logistics Portfolio | 63.0% | 0 | 0 | Sixth | LO(25);DEF(90);O(5) | $4,279,790 | $2,097,868 | $2,181,922 | 12/31/2019 T-11 Ann. | 5.7% | $5,435,667 | $2,054,759 | $3,380,908 | 12/31/2020 | 8.9% | $5,474,287 | ||
Property | 4.01 | 115 Canvasback Drive | $482,945 | $155,015 | $327,931 | 12/31/2019 T-11 Ann. | $583,661 | $162,661 | $421,000 | 12/31/2020 | $584,536 | ||||||||||
Property | 4.02 | 150 Teal Street | $410,252 | $153,530 | $256,722 | 12/31/2019 T-11 Ann. | $343,578 | $155,550 | $188,028 | 12/31/2020 | $332,939 | ||||||||||
Property | 4.03 | 120 Mallard Street | $732,649 | $334,977 | $397,672 | 12/31/2019 T-11 Ann. | $670,690 | $304,483 | $366,207 | 12/31/2020 | $660,639 | ||||||||||
Property | 4.04 | 110 Widgeon Drive | $310,933 | $152,405 | $158,528 | 12/31/2019 T-11 Ann. | $497,184 | $172,741 | $324,443 | 12/31/2020 | $508,572 | ||||||||||
Property | 4.05 | 150 James Drive East | $226,426 | $149,544 | $76,881 | 12/31/2019 T-11 Ann. | $433,262 | $163,538 | $269,724 | 12/31/2020 | $465,049 | ||||||||||
Property | 4.06 | 161 James Drive West | $328,046 | $128,095 | $199,952 | 12/31/2019 T-11 Ann. | $408,561 | $124,124 | $284,437 | 12/31/2020 | $408,488 | ||||||||||
Property | 4.07 | 100 James Drive | $97,075 | $253,085 | -$156,010 | 12/31/2019 T-11 Ann. | $455,610 | $247,222 | $208,388 | 12/31/2020 | $494,560 | ||||||||||
Property | 4.08 | 150 Canvasback Drive | $307,250 | $99,992 | $207,259 | 12/31/2019 T-11 Ann. | $250,404 | $92,112 | $158,292 | 12/31/2020 | $227,412 | ||||||||||
Property | 4.09 | 125 James Drive West | $205,738 | $92,761 | $112,977 | 12/31/2019 T-11 Ann. | $240,551 | $110,436 | $130,115 | 12/31/2020 | $244,343 | ||||||||||
Property | 4.10 | 190 James Drive East | $325,363 | $125,328 | $200,035 | 12/31/2019 T-11 Ann. | $462,918 | $108,578 | $354,340 | 12/31/2020 | $462,917 | ||||||||||
Property | 4.11 | 160 James Drive East | $260,086 | $199,461 | $60,625 | 12/31/2019 T-11 Ann. | $286,791 | $162,378 | $124,413 | 12/31/2020 | $285,913 | ||||||||||
Property | 4.12 | 107 Mallard Street | $61,399 | $67,712 | -$6,313 | 12/31/2019 T-11 Ann. | $219,112 | $63,245 | $155,867 | 12/31/2020 | $230,624 | ||||||||||
Property | 4.13 | 125 Mallard Street | $245,845 | $59,640 | $186,205 | 12/31/2019 T-11 Ann. | $207,675 | $60,621 | $147,054 | 12/31/2020 | $191,187 | ||||||||||
Property | 4.14 | 143 Mallard Street | $124,870 | $60,566 | $64,304 | 12/31/2019 T-11 Ann. | $132,128 | $59,135 | $72,993 | 12/31/2020 | $136,039 | ||||||||||
Property | 4.15 | 115 James Drive West | $160,915 | $65,758 | $95,157 | 12/31/2019 T-11 Ann. | $243,542 | $67,935 | $175,607 | 12/31/2020 | $241,069 | ||||||||||
Loan | 5, 6, 7, 8, 13, 14, 15, 16 | 5 | MGM Grand & Mandalay Bay | 35.5% | 0 | 0 | Fifth | YM0.5(35);DEF/YM0.5(78);O(7) | B | $2,191,540,530 | $1,574,171,264 | $617,369,266 | 12/31/2018 | 17.9% | $2,106,295,488 | $1,586,215,135 | $520,080,353 | 12/31/2019 | 17.9% | $815,610,101 | |
Property | 5.01 | MGM Grand | $1,226,105,346 | $854,539,115 | $371,566,231 | 12/31/2018 | $1,161,850,748 | $879,242,083 | $282,608,665 | 12/31/2019 | $488,436,932 | ||||||||||
Property | 5.02 | Mandalay Bay | $965,435,184 | $719,632,149 | $245,803,035 | 12/31/2018 | $944,444,740 | $706,973,052 | $237,471,688 | 12/31/2019 | $327,173,169 | ||||||||||
Loan | 17 | 6 | Lullwater at Blair Stone | 61.5% | 0 | 0 | Sixth | LO(26);DEF(90);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $2,900,764 | ||
Loan | 7 | Woods on LaMonte | 64.2% | 0 | 5 | First | LO(26);DEF(89);O(5) | $5,050,418 | $2,596,647 | $2,453,771 | 12/31/2019 | 8.2% | $5,235,400 | $2,704,382 | $2,531,018 | 12/31/2020 | 8.5% | $5,274,782 | |||
Loan | 8 | Olympus Corporate Center | 50.6% | 0 | 0 | First | LO(25);DEF(92);O(3) | $4,256,004 | $1,619,710 | $2,636,295 | 12/31/2018 | 10.3% | $4,346,468 | $1,645,814 | $2,700,654 | 12/31/2019 | 10.6% | $4,858,310 | |||
Loan | 9 | The District - Airpark | 61.4% | 5 | 5 | First | LO(25);DEF(91);O(4) | $2,245,912 | $529,570 | $1,716,341 | 12/31/2018 | 6.8% | $2,352,519 | $535,544 | $1,816,975 | 12/31/2019 | 7.2% | $2,329,203 | |||
Loan | 10 | Allied Plaza | 48.8% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | $4,163,141 | $1,665,358 | $2,497,783 | 12/31/2019 | 12.2% | $4,861,408 | $1,838,313 | $3,023,095 | 12/31/2020 | 14.7% | $4,842,254 | |||
Loan | 6 | 11 | Central Canal Company Industrial Portfolio | 49.8% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | $3,722,797 | $1,442,078 | $2,280,719 | 12/31/2019 | 11.4% | $3,952,760 | $1,500,349 | $2,452,411 | 12/31/2020 | 12.3% | $3,985,992 | ||
Property | 11.01 | Venture & Forsyth | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||
Property | 11.02 | Carter I & II | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||
Property | 11.03 | Northstar Business Park | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||
Property | 11.04 | Michigan I & II | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||
Property | 11.05 | Taft Vineland | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||
Property | 11.06 | Lyman Road | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||
Loan | 5, 6, 8, 12, 18, 19 | 12 | Signature Office Portfolio | 59.6% | 0 | 0 | Sixth | LO(28);DEF(88);O(4) | $12,459,775 | $4,598,959 | $7,860,816 | 12/31/2018 | 8.8% | $12,399,240 | $4,534,916 | $7,864,324 | 12/31/2019 | 8.8% | $12,255,769 | ||
Property | 12.01 | Hauppauge Office Park | $8,249,472 | $2,710,995 | $5,538,477 | 12/31/2018 | $8,309,478 | $2,617,345 | $5,692,134 | 12/31/2019 | $8,485,101 | ||||||||||
Property | 12.02 | 20 Commerce | $4,210,303 | $1,887,964 | $2,322,339 | 12/31/2018 | $4,089,762 | $1,917,571 | $2,172,190 | 12/31/2019 | $3,770,669 | ||||||||||
Loan | 20 | 13 | 12510 & 12600 Cardinal Meadow | 53.3% | 5 | 5 | First | LO(25);DEF(91);O(4) | $1,410,000 | $401,686 | $1,008,314 | 12/31/2018 | 6.1% | $2,189,691 | $387,474 | $1,802,217 | 12/31/2019 | 10.9% | $1,777,859 | ||
Loan | 8 | 14 | Sunrise Corporate Plaza I | 65.3% | 5 | 5 | First | LO(25);DEF(89);O(6) | $2,783,977 | $1,333,045 | $1,450,932 | 12/31/2018 | 8.9% | $2,405,516 | $1,249,917 | $1,155,599 | 12/31/2019 | 7.1% | $3,119,691 | ||
Loan | 15 | Colonnades West | 67.1% | 0 | 5 | First | LO(40);DEF(77);O(3) | $2,146,481 | $471,999 | $1,674,482 | 12/31/2018 | 10.8% | $2,277,315 | $477,263 | $1,800,052 | 10/31/2019 TTM | 11.6% | $2,248,982 | |||
Loan | 16 | LA Creative Industrial Portfolio | 49.5% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | $1,514,584 | $472,534 | $1,042,050 | 12/31/2019 | 6.8% | $1,975,727 | $451,780 | $1,523,947 | 12/31/2020 | 10.0% | $2,008,979 | |||
Loan | 17 | Frankfort Crossing | 58.2% | 5 | 5 | First | LO(25);DEF(91);O(4) | $1,995,917 | $562,498 | $1,433,419 | 12/31/2018 | 9.8% | $2,152,628 | $524,754 | $1,627,874 | 12/31/2019 | 11.1% | $1,882,662 | |||
Loan | 6, 9 | 18 | East Boston Multifamily Portfolio 1 | 59.8% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | $1,147,995 | $298,502 | $849,492 | 12/31/2019 | 5.9% | $1,330,285 | $271,766 | $1,058,519 | 12/31/2020 | 7.4% | $1,395,555 | ||
Property | 18.01 | 298-300 Meridian Street | $234,823 | $68,185 | $166,638 | 12/31/2019 | $303,358 | $46,992 | $256,366 | 12/31/2020 | $303,863 | ||||||||||
Property | 18.02 | 151-153 Meridian Street | $136,556 | $46,978 | $89,577 | 12/31/2019 | $150,709 | $38,489 | $112,220 | 12/31/2020 | $166,697 | ||||||||||
Property | 18.03 | 108-110 Meridian Street | N/A | N/A | N/A | N/A | $0 | $9,733 | -$9,733 | 12/31/2020 | $36,177 | ||||||||||
Property | 18.04 | 144-146 Chester Avenue | $110,120 | $30,602 | $79,518 | 12/31/2019 | $108,500 | $25,771 | $82,729 | 12/31/2020 | $108,950 | ||||||||||
Property | 18.05 | 236 Princeton Street | $70,892 | $15,722 | $55,170 | 12/31/2019 | $92,880 | $16,208 | $76,672 | 12/31/2020 | $95,350 | ||||||||||
Property | 18.06 | 346 Chelsea Street | $77,050 | $15,301 | $61,749 | 12/31/2019 | $83,853 | $14,488 | $69,366 | 12/31/2020 | $83,083 | ||||||||||
Property | 18.07 | 151 Saratoga Street | $73,901 | $15,430 | $58,471 | 12/31/2019 | $82,800 | $16,817 | $65,983 | 12/31/2020 | $82,800 | ||||||||||
Property | 18.08 | 17 Morris Street | $69,425 | $18,568 | $50,857 | 12/31/2019 | $72,000 | $14,404 | $57,596 | 12/31/2020 | $72,000 | ||||||||||
Property | 18.09 | 8 Curtis Street | $73,550 | $13,157 | $60,393 | 12/31/2019 | $79,200 | $14,059 | $65,141 | 12/31/2020 | $79,700 | ||||||||||
Property | 18.10 | 329 Paris Street | $56,424 | $15,309 | $41,115 | 12/31/2019 | $73,600 | $14,076 | $59,524 | 12/31/2020 | $82,800 | ||||||||||
Property | 18.11 | 187 Maverick Street | $66,800 | $14,755 | $52,045 | 12/31/2019 | $73,235 | $14,016 | $59,219 | 12/31/2020 | $73,235 | ||||||||||
Property | 18.12 | 62 Chelsea Street | $61,055 | $12,857 | $48,198 | 12/31/2019 | $66,850 | $13,995 | $52,855 | 12/31/2020 | $67,600 | ||||||||||
Property | 18.13 | 26 Decatur Street | $46,000 | $16,316 | $29,684 | 12/31/2019 | $67,700 | $17,428 | $50,272 | 12/31/2020 | $67,700 | ||||||||||
Property | 18.14 | 133 Eutaw Street | $71,400 | $15,322 | $56,078 | 12/31/2019 | $75,600 | $15,289 | $60,311 | 12/31/2020 | $75,600 | ||||||||||
Loan | 6 | 19 | Jones Estates Portfolio | 60.8% | 0 | 0 | First | LO(24);DEF(93);O(3) | $1,278,150 | $508,927 | $769,223 | 12/31/2019 | 5.9% | $1,591,132 | $579,481 | $1,011,651 | 12/31/2020 | 7.8% | $1,611,099 | ||
Property | 19.01 | Massengills MHC | $302,573 | $98,366 | $204,207 | 12/31/2019 | $389,847 | $93,505 | $296,342 | 12/31/2020 | $391,372 | ||||||||||
Property | 19.02 | Brookhaven MHC | $284,040 | $119,676 | $164,364 | 12/31/2019 | $346,377 | $158,825 | $187,552 | 12/31/2020 | $353,362 |
A-1-11
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Maturity Date LTV Ratio | Grace Period to Late Charge (Days) | Grace Period to Default (Days) | Due Date | Prepayment Provisions (No. of Payments) | YM Formula | Third Most Recent Revenues | Third Most Recent Expenses | Third Most Recent NOI | Third Most Recent NOI Date | Third Most Recent NOI Debt Yield | Second Most Recent Revenues | Second Most Recent Expenses | Second Most Recent NOI | Second Most Recent NOI Date | Second Most Recent NOI Debt Yield | Most Recent Revenues | |
Property | 19.03 | Leisure Park MHC | $181,289 | $75,908 | $105,381 | 12/31/2019 | $237,289 | $81,911 | $155,378 | 12/31/2020 | $240,843 | ||||||||||
Property | 19.04 | Twin Branch MHC | $182,023 | $71,142 | $110,881 | 12/31/2019 | $236,547 | $86,512 | $150,035 | 12/31/2020 | $238,358 | ||||||||||
Property | 19.05 | Hannibal MHC | $86,857 | $31,400 | $55,457 | 12/31/2019 | $109,816 | $45,984 | $63,832 | 12/31/2020 | $112,378 | ||||||||||
Property | 19.06 | Whispering Pines | $128,100 | $58,339 | $69,761 | 12/31/2019 | $149,882 | $54,741 | $95,141 | 12/31/2020 | $153,003 | ||||||||||
Property | 19.07 | Avalon MHC | $113,268 | $54,096 | $59,172 | 12/31/2019 | $121,374 | $58,003 | $63,371 | 12/31/2020 | $121,783 | ||||||||||
Loan | 6, 7 | 20 | Archer Portfolio | 52.0% | 0 | 0 | First | LO(25);DEF(88);O(7) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $1,744,984 | ||
Property | 20.01 | Crown Point Center | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $667,913 | ||||||||||
Property | 20.02 | Spanish Village | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $606,017 | ||||||||||
Property | 20.03 | Bouquet Canyon | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $471,054 | ||||||||||
Loan | 21 | 21 | 6851 River Road | 32.4% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 5 | 22 | Appletree Business Park | 47.6% | 0 | 0 | Sixth | LO(29);DEF(85);O(6) | $7,069,157 | $2,873,552 | $4,195,605 | 12/31/2018 | 8.4% | $8,577,237 | $3,090,517 | $5,486,720 | 12/31/2019 | 11.0% | $9,032,798 | ||
Loan | 23 | 179 East 116th Street | 58.1% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | $1,138,777 | $276,500 | $862,277 | 11/30/2019 TTM | 7.2% | $1,308,765 | $292,046 | $1,016,719 | 11/30/2020 TTM | 8.5% | $1,353,658 | |||
Loan | 9, 22, 23 | 24 | 25-22 30th Drive | 58.1% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 25 | The Villas at Willow Run | 65.0% | 5 | 5 | First | LO(24);YM1(1);DEF/YM1(88);O(7) | C | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $1,185,766 | ||
Loan | 26 | Pillars at HBU | 48.4% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | $1,148,378 | $383,727 | $764,651 | 12/31/2018 | 8.2% | $1,200,955 | $412,427 | $788,528 | 12/31/2019 | 8.5% | $1,347,335 | |||
Loan | 6, 7 | 27 | Indy Multifamily | 62.3% | 3 | 3 | First | LO(26);DEF(88);O(6) | $1,309,038 | $281,991 | $1,027,047 | 12/31/2018 | 11.2% | $1,447,000 | $632,811 | $814,189 | 12/31/2019 | 8.9% | $1,452,385 | ||
Property | 27.01 | The Delaware | $836,251 | $158,734 | $677,517 | 12/31/2018 | $939,315 | $372,359 | $566,956 | 12/31/2019 | $971,122 | ||||||||||
Property | 27.02 | 632 MLK Apartments | $472,787 | $123,257 | $349,530 | 12/31/2018 | $507,685 | $260,452 | $247,233 | 12/31/2019 | $481,263 | ||||||||||
Loan | 28 | 4500 Alexander Boulevard Northeast | 63.0% | 0 | 0 | Sixth | LO(24);DEF(32);O(4) | $667,130 | $377,900 | $289,230 | 12/31/2019 | 3.2% | $1,153,041 | $452,280 | $700,761 | 12/31/2020 | 7.8% | $1,222,734 | |||
Loan | 6, 7 | 29 | MC Office Portfolio | 50.3% | 0 | 0 | Sixth | LO(25);DEF(90);O(5) | $1,752,630 | $361,638 | $1,390,992 | 12/31/2018 | 15.5% | $1,773,327 | $418,734 | $1,354,593 | 12/31/2019 | 15.1% | $1,665,590 | ||
Property | 29.01 | 43630 Hayes Road | $749,700 | $214,481 | $535,219 | 12/31/2018 | $731,314 | $214,107 | $517,207 | 12/31/2019 | $627,524 | ||||||||||
Property | 29.02 | 15950 East 12 Mile Road | $378,817 | $88,794 | $290,023 | 12/31/2018 | $304,295 | $87,560 | $216,735 | 12/31/2019 | $291,738 | ||||||||||
Property | 29.03 | 43740 North Groesbeck Highway | $293,440 | $30,496 | $262,944 | 12/31/2018 | $301,732 | $48,283 | $253,449 | 12/31/2019 | $293,440 | ||||||||||
Property | 29.04 | 30117 Schoenherr Road | $192,312 | $16,960 | $175,352 | 12/31/2018 | $235,630 | $36,910 | $198,720 | 12/31/2019 | $258,146 | ||||||||||
Property | 29.05 | 30300 Hoover Road | $138,361 | $10,907 | $127,454 | 12/31/2018 | $200,356 | $31,874 | $168,482 | 12/31/2019 | $194,742 | ||||||||||
Loan | 30 | Durango Commons | 65.0% | 0 | 5 | First | LO(24);YM1(89);O(7) | D | $946,586 | $233,470 | $713,116 | 12/31/2018 | 8.3% | $1,014,114 | $227,866 | $786,249 | 12/31/2019 | 9.1% | $943,716 | ||
Loan | 31 | Savannah Industrial | 65.0% | 5 | 5 | First | LO(25);DEF(91);O(4) | $799,500 | $14,889 | $784,611 | 12/31/2018 | 9.2% | $844,000 | $11,320 | $832,680 | 12/31/2019 | 9.8% | $831,750 | |||
Loan | 32 | Route 1 Self Storage | 55.6% | 0 | 5 | First | LO(25);DEF(90);O(5) | $1,313,941 | $508,079 | $805,863 | 12/31/2019 | 9.7% | $1,258,376 | $505,284 | $753,092 | 12/31/2020 | 9.1% | $1,263,236 | |||
Loan | 24 | 33 | 486 East 28th Street | 64.6% | 0 | 0 | Sixth | LO(25);DEF(89);O(6) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 34 | Riverwood Research Center | 60.8% | 0 | 0 | First | LO(25);YM1(92);O(3) | E | $1,185,218 | $367,266 | $817,952 | 12/31/2019 | 10.4% | $1,089,899 | $354,713 | $735,186 | 12/31/2020 | 9.3% | $1,058,370 | ||
Loan | 35 | Menifee Range Self Storage and RV | 45.7% | 5 | 5 | First | LO(25);DEF(92);O(3) | $1,088,906 | $260,112 | $828,795 | 12/31/2018 | 11.1% | $1,149,772 | $251,755 | $898,017 | 12/31/2019 | 12.0% | $1,119,003 | |||
Loan | 36 | Dollar Self Storage #10 - Apache Junction | 49.2% | 5 | 5 | First | LO(25);DEF(92);O(3) | $1,052,616 | $378,091 | $674,525 | 12/31/2018 | 9.3% | $1,073,576 | $397,220 | $676,356 | 12/31/2019 | 9.3% | $1,127,800 | |||
Loan | 6 | 37 | StorWise SS Portfolio - Tahoe | 47.8% | 0 | 0 | Sixth | LO(26);DEF(90);O(4) | $727,786 | $274,014 | $453,772 | 12/31/2018 | 6.5% | $769,317 | $315,210 | $454,107 | 12/31/2019 | 6.6% | $830,937 | ||
Property | 37.01 | StorWise Kingsbury | $428,237 | $155,431 | $272,806 | 12/31/2018 | $449,026 | $175,941 | $273,085 | 12/31/2019 | $465,102 | ||||||||||
Property | 37.02 | StorWise Tahoe | $299,549 | $118,583 | $180,966 | 12/31/2018 | $320,291 | $139,269 | $181,022 | 12/31/2019 | $365,835 | ||||||||||
Loan | 38 | Marshall Avenue Industrial Park | 59.4% | 0 | 0 | Sixth | LO(25);YM1(91);O(4) | F | $121,511 | $168,973 | -$47,462 | 12/31/2019 | -0.7% | $922,890 | $276,139 | $646,751 | 12/31/2020 | 9.5% | $1,037,451 | ||
Loan | 25 | 39 | Montgomery Self Storage | 54.8% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | $762,503 | $362,986 | $399,517 | 12/31/2019 | 6.3% | $807,501 | $280,580 | $526,922 | 12/31/2020 | 8.4% | $825,542 | ||
Loan | 40 | Store Safe Baton Rouge | 66.2% | 5 | 5 | First | LO(24);DEF(92);O(4) | $934,740 | $231,377 | $703,363 | 12/31/2018 | 10.6% | $890,759 | $268,021 | $622,738 | 12/31/2019 | 9.4% | $913,336 | |||
Loan | 26 | 41 | Desert’s Edge RV Park | 38.5% | 5 | 5 | First | LO(25);DEF(91);O(4) | $1,771,785 | $757,619 | $1,014,166 | 12/31/2019 | 16.9% | $1,844,730 | $818,006 | $1,026,724 | 12/31/2020 | 17.1% | $1,824,149 | ||
Loan | 42 | Friar’s Branch Crossing | 57.4% | 0 | 0 | First | LO(25);YM1(92);O(3) | E | $829,157 | $310,528 | $518,629 | 12/31/2019 | 8.7% | $1,079,839 | $244,831 | $835,009 | 12/31/2020 | 14.1% | $1,074,796 | ||
Loan | 43 | Lantern Building | 58.4% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | $1,540,553 | $950,889 | $589,664 | 12/31/2018 | 10.7% | $1,511,920 | $892,934 | $618,986 | 12/31/2019 | 11.3% | $1,505,646 | |||
Loan | 44 | A&S Apartments | 62.8% | 0 | 0 | First | LO(24);DEF(93);O(3) | $1,000,700 | $621,727 | $378,973 | 12/31/2019 | 7.0% | $1,026,917 | $544,194 | $482,722 | 12/31/2020 | 8.9% | $1,011,742 | |||
Loan | 6 | 45 | CVS Portfolio | 62.9% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | $733,663 | $2,000 | $731,663 | 12/31/2018 | 13.8% | $688,587 | $2,000 | $686,587 | 12/31/2019 | 13.0% | $711,124 | ||
Property | 45.01 | CVS Fort Wayne | $292,994 | $1,000 | $291,994 | 12/31/2018 | $247,918 | $1,000 | $246,918 | 12/31/2019 | $270,455 | ||||||||||
Property | 45.02 | CVS Garden City | $440,669 | $1,000 | $439,669 | 12/31/2018 | $440,669 | $1,000 | $439,669 | 12/31/2019 | $440,669 | ||||||||||
Loan | 46 | Hollywood 95 Office Center | 45.5% | 0 | 0 | Sixth | LO(25);DEF(90);O(5) | $854,404 | $355,596 | $498,809 | 12/31/2019 | 10.0% | $858,853 | $337,641 | $521,211 | 12/31/2020 | 10.4% | $874,036 | |||
Loan | 5 | 47 | McCarthy Ranch | 60.5% | 0 | 0 | Sixth | LO(35);DEF(81);O(4) | $3,806,476 | $1,303,754 | $2,502,722 | 12/31/2018 | 5.6% | $5,076,248 | $1,368,290 | $3,707,958 | 12/31/2019 | 8.2% | $4,750,741 | ||
Loan | 48 | Whitehall Apartments | 58.5% | 0 | 0 | First | LO(24);DEF(93);O(3) | $1,092,273 | $852,226 | $240,047 | 12/31/2019 | 4.8% | $1,052,533 | $796,509 | $256,023 | 12/31/2020 | 5.1% | $1,032,340 | |||
Loan | 49 | Baychester Shopping Center | 26.1% | 0 | 0 | Sixth | LO(25);YM1(90);O(5) | G | $1,167,906 | $453,886 | $714,020 | 12/31/2018 | 15.0% | $1,186,120 | $472,118 | $714,002 | 12/31/2019 | 15.0% | $1,307,714 | ||
Loan | 50 | Inverness Dental and Medical Plaza | 58.5% | 3 | 3 | First | LO(25);DEF(92);O(3) | $655,235 | $171,930 | $483,305 | 12/31/2019 T-10 | 10.4% | $674,146 | $205,266 | $468,880 | 12/31/2020 | 10.1% | $674,059 | |||
Loan | 51 | CubeSmart Winston-Salem | 40.4% | 15 | 0 | First | LO(25);DEF(92);O(3) | $654,265 | $264,016 | $390,249 | 12/31/2019 | 9.5% | $745,978 | $295,956 | $450,023 | 12/31/2020 | 10.9% | $755,307 | |||
Loan | 52 | 2015-2021 West Race Avenue | 61.6% | 0 | 5 | First | LO(25);DEF(92);O(3) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 53 | Comfort Inn & Suites Southport | 43.6% | 15 | 3 | First | LO(45);DEF(71);O(4) | $1,921,801 | $1,253,933 | $667,867 | 12/31/2018 | 16.8% | $1,997,279 | $1,255,940 | $741,339 | 12/31/2019 | 18.6% | $1,678,945 | |||
Loan | 27 | 54 | 1101 California Avenue | 54.2% | 0 | 0 | Sixth | LO(25);DEF(90);O(5) | $682,502 | $336,315 | $346,188 | 12/31/2018 | 8.9% | $769,703 | $336,227 | $433,476 | 12/31/2019 | 11.1% | $790,987 | ||
Loan | 55 | E&B Apartments | 56.0% | 0 | 0 | First | LO(24);DEF(93);O(3) | $649,168 | $325,996 | $323,172 | 12/31/2019 | 8.1% | $672,144 | $348,320 | $323,823 | 12/31/2020 | 8.1% | $646,536 | |||
Loan | 56 | Cedar Lofts Apartments | 51.3% | 0 | 0 | Sixth | LO(26);YM2(90);O(4) | H | $673,187 | $254,033 | $419,154 | 12/31/2018 | 10.9% | $696,843 | $266,203 | $430,640 | 12/31/2019 | 11.2% | $695,291 | ||
Loan | 6 | 57 | Keepsake Storage Portfolio | 62.5% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | $605,734 | $215,241 | $390,492 | 12/31/2019 | 10.1% | $571,940 | $227,697 | $344,243 | 12/31/2020 | 8.9% | $591,419 | ||
Property | 57.01 | Commonwealth Storage | $406,873 | $129,674 | $277,199 | 12/31/2019 | $386,023 | $144,671 | $241,352 | 12/31/2020 | $395,859 | ||||||||||
Property | 57.02 | Keepsake Storage | $198,861 | $85,567 | $113,293 | 12/31/2019 | $185,917 | $83,026 | $102,891 | 12/31/2020 | $195,560 | ||||||||||
Loan | 58 | Anchor Baker Storage | 64.5% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | $447,751 | $106,774 | $340,977 | 12/31/2019 | 9.3% | $468,980 | $81,793 | $387,187 | 12/31/2020 | 10.6% | $471,295 | |||
Loan | 8, 28 | 59 | 571 Hudson Coop | 9.6% | 0 | 5 | First | LO(25);DEF(91);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 60 | 1425 Bruckner Fee | 57.4% | 0 | 0 | Sixth | LO(25);DEF(89);O(6) | $198,000 | $0 | $198,000 | 12/31/2018 | 5.7% | $198,000 | $0 | $198,000 | 12/31/2019 | 5.7% | $204,600 | |||
Loan | 61 | Grand Avenue Storage | 58.5% | 3 | 3 | First | LO(25);YM1(92);O(3) | I | $403,085 | $192,260 | $210,825 | 12/31/2019 | 6.8% | $454,034 | $142,266 | $311,769 | 12/31/2020 | 10.1% | $463,977 | ||
Loan | 62 | Anchor Mini Storage | 60.6% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | $364,933 | $85,238 | $279,695 | 12/31/2019 | 9.3% | $378,529 | $89,533 | $288,996 | 12/31/2020 | 9.6% | $377,607 | |||
Loan | 63 | Netana Apartments | 63.1% | 0 | 0 | First | LO(24);DEF(93);O(3) | $488,634 | $343,887 | $144,748 | 12/31/2019 | 5.5% | $512,630 | $310,829 | $201,801 | 12/31/2020 | 7.6% | $515,444 | |||
Loan | 64 | Windy Acres MHC | 49.1% | 3 | 3 | First | LO(24);DEF(93);O(3) | $359,415 | $154,644 | $204,771 | 12/31/2018 | 8.2% | $356,867 | $154,655 | $202,212 | 12/31/2019 | 8.1% | $364,860 | |||
Loan | 6 | 65 | Maple Hills & Walnut Valley MHP | 50.1% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | $266,307 | $89,576 | $176,731 | 12/31/2019 | 8.2% | $306,220 | $95,922 | $210,298 | 12/31/2020 | 9.8% | $304,556 | ||
Property | 65.01 | Maple Hills MHP | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||
Property | 65.02 | Walnut Valley MHP | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
A-1-12
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Most Recent Expenses | Most Recent NOI | Most Recent NOI Date | Most Recent NOI Debt Yield | Underwritten Occupancy Rate | Underwritten Effective Gross Income | Underwritten Total Expenses | Underwritten NOI | Underwritten NOI Debt Yield | Underwritten Replacement Reserves | Underwritten TI/LC | Underwritten NCF | Underwritten NCF Debt Yield | Largest Tenant | Largest Tenant Lease Expiration(4) | |
Loan | 6, 9, 10 | 1 | Extra Space Self Storage Portfolio | $3,087,265 | $4,757,395 | 12/31/2020 | 7.3% | 86.4% | $8,141,703 | $3,103,092 | $5,038,611 | 8.1% | $74,857 | $0 | $4,963,754 | 7.9% | |||
Property | 1.01 | Extra Space Brickell | $660,652 | $944,375 | 12/31/2020 | 86.8% | $1,668,544 | $681,409 | $987,135 | $11,217 | $0 | $975,918 | N/A | N/A | |||||
Property | 1.02 | Extra Space Ocoee | $503,214 | $724,456 | 12/31/2020 | 90.7% | $1,329,227 | $509,025 | $820,201 | $14,725 | $0 | $805,476 | N/A | N/A | |||||
Property | 1.03 | Extra Space West Doral | $462,554 | $702,966 | 12/31/2020 | 88.7% | $1,265,560 | $455,283 | $810,277 | $11,489 | $0 | $798,787 | N/A | N/A | |||||
Property | 1.04 | Extra Space Coconut Grove | $431,045 | $667,715 | 12/31/2020 | 89.7% | $1,090,396 | $428,079 | $662,317 | $7,777 | $0 | $654,540 | N/A | N/A | |||||
Property | 1.05 | Extra Space Alpharetta | $366,861 | $602,013 | 12/31/2020 | 87.2% | $1,030,284 | $371,110 | $659,174 | $10,745 | $0 | $648,429 | N/A | N/A | |||||
Property | 1.06 | Extra Space Fleming Island | $339,482 | $614,431 | 12/31/2020 | 77.4% | $917,960 | $331,277 | $586,683 | $8,935 | $0 | $577,748 | N/A | N/A | |||||
Property | 1.07 | Extra Space Marietta | $323,457 | $501,439 | 12/31/2020 | 82.2% | $839,732 | $326,908 | $512,824 | $9,969 | $0 | $502,855 | N/A | N/A | |||||
Loan | 11, 12 | 2 | 215 Coles Street | $1,987,118 | $4,189,262 | 2/28/2021 TTM | 7.0% | 94.9% | $8,595,153 | $2,100,288 | $6,494,865 | 10.8% | $98,800 | $304,000 | $6,092,065 | 10.2% | Mana Holding Company (215 Coles ML LLC) | 3/31/2036 | |
Loan | 6, 7, 9 | 3 | Ahold Portfolio | N/A | N/A | N/A | N/A | 97.0% | $4,222,855 | $126,686 | $4,096,169 | 9.5% | $70,367 | $0 | $4,025,803 | 9.4% | |||
Property | 3.01 | Stop & Shop - South Yarmouth | N/A | N/A | N/A | 97.0% | $1,509,151 | $45,275 | $1,463,876 | $21,505 | $0 | $1,442,371 | Stop & Shop | 12/31/2040 | |||||
Property | 3.02 | Stop & Shop - Peabody | N/A | N/A | N/A | 97.0% | $943,038 | $28,291 | $914,747 | $13,357 | $0 | $901,390 | Stop & Shop | 12/31/2040 | |||||
Property | 3.03 | Stop & Shop - Arlington | N/A | N/A | N/A | 97.0% | $945,252 | $28,358 | $916,895 | $16,102 | $0 | $900,792 | Stop & Shop | 12/31/2040 | |||||
Property | 3.04 | Stop & Shop - Lexington | N/A | N/A | N/A | 97.0% | $825,414 | $24,762 | $800,651 | $19,402 | $0 | $781,249 | Stop & Shop | 12/31/2040 | |||||
Loan | 6, 9 | 4 | NOLA Logistics Portfolio | $2,048,365 | $3,425,922 | 1/31/2021 TTM | 9.0% | 86.3% | $5,918,047 | $2,119,465 | $3,798,581 | 10.0% | $118,891 | $208,059 | $3,471,631 | 9.1% | |||
Property | 4.01 | 115 Canvasback Drive | $162,713 | $421,823 | 1/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | CertiFit, Inc | 8/31/2022 | |||||
Property | 4.02 | 150 Teal Street | $155,613 | $177,326 | 1/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | The Men’s Wearhouse, Inc. | 12/31/2023 | |||||
Property | 4.03 | 120 Mallard Street | $303,484 | $357,155 | 1/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | BRIS Engineering | 7/31/2026 | |||||
Property | 4.04 | 110 Widgeon Drive | $172,459 | $336,113 | 1/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Ryder Integrated Logistics, Inc. | 3/31/2023 | |||||
Property | 4.05 | 150 James Drive East | $161,638 | $303,411 | 1/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ADT Commercial LLC | 5/31/2027 | |||||
Property | 4.06 | 161 James Drive West | $122,630 | $285,858 | 1/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Mattress Firm | 12/31/2024 | |||||
Property | 4.07 | 100 James Drive | $240,129 | $254,431 | 1/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Ochsner Clinic Foundation | 5/31/2027 | |||||
Property | 4.08 | 150 Canvasback Drive | $91,834 | $135,578 | 1/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Green Shutter Teas, LLC | 1/31/2031 | |||||
Property | 4.09 | 125 James Drive West | $112,927 | $131,416 | 1/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | BW Offshore USA Management | 9/30/2030 | |||||
Property | 4.10 | 190 James Drive East | $111,771 | $351,146 | 1/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Saybolt LP | 10/31/2026 | |||||
Property | 4.11 | 160 James Drive East | $161,732 | $124,181 | 1/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ADT Security Services | 2/28/2025 | |||||
Property | 4.12 | 107 Mallard Street | $63,868 | $166,756 | 1/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Marquette Transportation Company Gulf-Inland, LLC | 5/31/2030 | |||||
Property | 4.13 | 125 Mallard Street | $60,364 | $130,823 | 1/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Control Union (U.S.A.), Inc. | 4/30/2022 | |||||
Property | 4.14 | 143 Mallard Street | $58,549 | $77,490 | 1/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Northrop Grumman Systems | 11/30/2023 | |||||
Property | 4.15 | 115 James Drive West | $68,654 | $172,415 | 1/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Coram Alternate Site Services | 4/30/2022 | |||||
Loan | 5, 6, 7, 8, 13, 14, 15, 16 | 5 | MGM Grand & Mandalay Bay | ########## | $108,822,815 | 12/31/2020 | 17.9% | 92.1% | $2,106,295,488 | $1,586,215,135 | $520,080,353 | 17.9% | $32,774,592 | $0 | $487,305,761 | 17.9% | |||
Property | 5.01 | MGM Grand | ########## | $75,350,182 | 12/31/2020 | 91.4% | $1,161,850,748 | $879,242,083 | $282,608,665 | $16,011,953 | $0 | $266,596,712 | N/A | N/A | |||||
Property | 5.02 | Mandalay Bay | ########## | $33,472,632 | 12/31/2020 | 92.8% | $944,444,740 | $706,973,052 | $237,471,688 | $16,762,639 | $0 | $220,709,049 | N/A | N/A | |||||
Loan | 17 | 6 | Lullwater at Blair Stone | $1,434,830 | $1,465,934 | 1/31/2021 TTM | 4.7% | 93.5% | $4,181,413 | $1,683,024 | $2,498,389 | 8.0% | $61,000 | $0 | $2,437,389 | 7.8% | N/A | N/A | |
Loan | 7 | Woods on LaMonte | $2,711,753 | $2,563,029 | 1/31/2021 TTM | 8.6% | 90.7% | $5,274,782 | $2,830,486 | $2,444,296 | 8.2% | $159,300 | $0 | $2,284,996 | 7.7% | N/A | N/A | ||
Loan | 8 | Olympus Corporate Center | $1,634,921 | $3,223,388 | 12/31/2020 | 12.6% | 88.2% | $4,988,380 | $1,846,719 | $3,141,661 | 12.3% | $39,293 | $221,064 | $2,881,303 | 11.3% | Private National Mortgage Acceptance Company | 1/31/2024 | ||
Loan | 9 | The District - Airpark | $613,578 | $1,715,624 | 12/31/2020 | 6.8% | 94.4% | $3,429,840 | $742,287 | $2,687,553 | 10.6% | $28,547 | $168,425 | $2,490,581 | 9.8% | Surgenex | 5/31/2027 | ||
Loan | 10 | Allied Plaza | $1,844,498 | $2,997,755 | 2/28/2021 TTM | 14.6% | 95.0% | $4,757,817 | $1,942,088 | $2,815,728 | 13.7% | $28,811 | $144,053 | $2,642,865 | 12.9% | National University | 9/30/2023 | ||
Loan | 6 | 11 | Central Canal Company Industrial Portfolio | $1,486,100 | $2,499,892 | 2/28/2021 TTM | 12.5% | 92.8% | $4,179,203 | $1,486,630 | $2,692,573 | 13.5% | $58,978 | $75,000 | $2,558,595 | 12.8% | |||
Property | 11.01 | Venture & Forsyth | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Nestor Ramirez Hernandez | MTM | |||||
Property | 11.02 | Carter I & II | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | SYL Roofing Supply | MTM | |||||
Property | 11.03 | Northstar Business Park | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Caligiuri Corp. | MTM | |||||
Property | 11.04 | Michigan I & II | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Custom Design Company | MTM | |||||
Property | 11.05 | Taft Vineland | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | The Love Boutique Inc | MTM | |||||
Property | 11.06 | Lyman Road | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Orlando’s Forklift Service | MTM | |||||
Loan | 5, 6, 8, 12, 18, 19 | 12 | Signature Office Portfolio | $4,394,022 | $7,861,747 | 10/31/2020 TTM | 8.8% | 87.1% | $13,066,360 | $4,800,723 | $8,265,637 | 9.2% | $119,914 | $587,376 | $7,558,347 | 8.4% | |||
Property | 12.01 | Hauppauge Office Park | $2,471,476 | $6,013,625 | 10/31/2020 TTM | 91.7% | $8,834,672 | $2,867,188 | $5,967,484 | $60,535 | $352,443 | $5,554,506 | Allstate Insurance | 10/31/2026 | |||||
Property | 12.02 | 20 Commerce | $1,922,546 | $1,848,123 | 10/31/2020 TTM | 78.8% | $4,231,688 | $1,933,535 | $2,298,154 | $59,379 | $234,934 | $2,003,841 | Lerner David Littenberg Krumholz & Mentlik, LLP | 6/30/2030 | |||||
Loan | 20 | 13 | 12510 & 12600 Cardinal Meadow | $424,895 | $1,352,964 | 12/31/2020 | 8.2% | 95.9% | $2,267,640 | $634,211 | $1,633,429 | 9.9% | $31,008 | $99,289 | $1,503,132 | 9.1% | Sigma Piping Products LLC | 6/19/2029 | |
Loan | 8 | 14 | Sunrise Corporate Plaza I | $1,254,626 | $1,865,065 | 12/31/2020 | 11.5% | 87.6% | $2,978,672 | $1,275,303 | $1,703,368 | 10.5% | $21,461 | $214,300 | $1,467,608 | 9.0% | MacNeill Group, Inc | 5/31/2030 | |
Loan | 15 | Colonnades West | $474,292 | $1,774,691 | 12/31/2020 | 11.4% | 92.5% | $2,173,215 | $507,053 | $1,666,162 | 10.7% | $27,216 | $18,694 | $1,620,252 | 10.4% | Marshalls | 1/31/2024 | ||
Loan | 16 | LA Creative Industrial Portfolio | $439,319 | $1,569,660 | 1/31/2021 TTM | 10.3% | 70.2% | $2,251,722 | $470,906 | $1,780,816 | 11.7% | $21,651 | $50,519 | $1,708,646 | 11.2% | Landon E. Brittain | 11/30/2021 | ||
Loan | 17 | Frankfort Crossing | $471,013 | $1,411,649 | 12/31/2020 | 9.7% | 95.5% | $2,047,055 | $498,478 | $1,548,578 | 10.6% | $18,305 | $106,444 | $1,423,829 | 9.8% | Jewel Osco | 11/30/2027 | ||
Loan | 6, 9 | 18 | East Boston Multifamily Portfolio 1 | $289,959 | $1,105,596 | 3/31/2021 TTM | 7.7% | 95.0% | $1,423,606 | $339,471 | $1,084,135 | 7.5% | $14,090 | $0 | $1,070,045 | 7.4% | |||
Property | 18.01 | 298-300 Meridian Street | $49,216 | $254,648 | 3/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 18.02 | 151-153 Meridian Street | $38,770 | $127,927 | 3/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 18.03 | 108-110 Meridian Street | $19,176 | $17,000 | 3/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 18.04 | 144-146 Chester Avenue | $25,653 | $83,297 | 3/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 18.05 | 236 Princeton Street | $16,066 | $79,284 | 3/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 18.06 | 346 Chelsea Street | $16,425 | $66,658 | 3/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 18.07 | 151 Saratoga Street | $16,872 | $65,928 | 3/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 18.08 | 17 Morris Street | $14,987 | $57,013 | 3/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 18.09 | 8 Curtis Street | $15,689 | $64,011 | 3/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 18.10 | 329 Paris Street | $14,581 | $68,219 | 3/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 18.11 | 187 Maverick Street | $14,159 | $59,076 | 3/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 18.12 | 62 Chelsea Street | $14,229 | $53,371 | 3/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 18.13 | 26 Decatur Street | $18,435 | $49,265 | 3/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 18.14 | 133 Eutaw Street | $15,702 | $59,898 | 3/31/2021 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Loan | 6 | 19 | Jones Estates Portfolio | $575,789 | $1,035,310 | 1/31/2021 TTM | 8.0% | 94.5% | $1,722,960 | $582,386 | $1,140,574 | 8.8% | $18,350 | $0 | $1,122,224 | 8.7% | |||
Property | 19.01 | Massengills MHC | $94,149 | $297,223 | 1/31/2021 TTM | 93.7% | $392,620 | $88,934 | $303,686 | $3,950 | $0 | $299,736 | N/A | N/A | |||||
Property | 19.02 | Brookhaven MHC | $156,995 | $196,367 | 1/31/2021 TTM | 95.0% | $394,434 | $146,671 | $247,763 | $4,300 | $0 | $243,463 | N/A | N/A |
A-1-13
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Most Recent Expenses | Most Recent NOI | Most Recent NOI Date | Most Recent NOI Debt Yield | Underwritten Occupancy Rate | Underwritten Effective Gross Income | Underwritten Total Expenses | Underwritten NOI | Underwritten NOI Debt Yield | Underwritten Replacement Reserves | Underwritten TI/LC | Underwritten NCF | Underwritten NCF Debt Yield | Largest Tenant | Largest Tenant Lease Expiration(4) | |
Property | 19.03 | Leisure Park MHC | $79,867 | $160,976 | 1/31/2021 TTM | 94.4% | $248,793 | $80,360 | $168,433 | $2,700 | $0 | $165,733 | N/A | N/A | |||||
Property | 19.04 | Twin Branch MHC | $86,924 | $151,434 | 1/31/2021 TTM | 95.0% | $244,506 | $88,612 | $155,894 | $2,700 | $0 | $153,194 | N/A | N/A | |||||
Property | 19.05 | Hannibal MHC | $46,911 | $65,467 | 1/31/2021 TTM | 95.0% | $143,338 | $47,851 | $95,487 | $1,250 | $0 | $94,237 | N/A | N/A | |||||
Property | 19.06 | Whispering Pines | $53,251 | $99,752 | 1/31/2021 TTM | 95.0% | $166,419 | $62,151 | $104,268 | $1,900 | $0 | $102,368 | N/A | N/A | |||||
Property | 19.07 | Avalon MHC | $57,692 | $64,091 | 1/31/2021 TTM | 93.6% | $132,850 | $67,807 | $65,043 | $1,550 | $0 | $63,493 | N/A | N/A | |||||
Loan | 6, 7 | 20 | Archer Portfolio | $441,416 | $1,303,568 | 12/31/2020 | 10.2% | 95.0% | $2,024,166 | $628,046 | $1,396,120 | 10.9% | $11,128 | $95,643 | $1,289,349 | 10.0% | |||
Property | 20.01 | Crown Point Center | $157,615 | $510,298 | 12/31/2020 | 95.0% | $897,309 | $335,918 | $561,391 | $2,459 | $27,371 | $531,561 | Xfinity | 11/1/2029 | |||||
Property | 20.02 | Spanish Village | $140,604 | $465,413 | 12/31/2020 | 95.0% | $637,295 | $149,439 | $487,855 | $6,142 | $42,991 | $438,723 | Keeler’s Neighborhood Steakhouse | 11/30/2028 | |||||
Property | 20.03 | Bouquet Canyon | $143,197 | $327,857 | 12/31/2020 | 95.0% | $489,562 | $142,689 | $346,874 | $2,528 | $25,281 | $319,064 | AT&T | 2/28/2025 | |||||
Loan | 21 | 21 | 6851 River Road | N/A | N/A | N/A | N/A | 95.0% | $1,803,965 | $338,910 | $1,465,054 | 11.8% | $20,170 | $0 | $1,444,884 | 11.6% | Tristate Apartment Furnishers LLC | 12/31/2040 | |
Loan | 5 | 22 | Appletree Business Park | $3,239,290 | $5,793,508 | 10/31/2020 TTM | 11.6% | 95.1% | $8,934,352 | $3,259,336 | $5,675,015 | 11.4% | $116,956 | $190,371 | $5,367,688 | 10.8% | Internal Revenue Service | 12/26/2035 | |
Loan | 23 | 179 East 116th Street | $292,046 | $1,061,612 | 2/28/2021 TTM | 8.8% | 94.3% | $1,446,142 | $448,500 | $997,642 | 8.3% | $4,574 | $34,305 | $958,763 | 8.0% | Project Renewal Inc | 10/15/2028 | ||
Loan | 9, 22, 23 | 24 | 25-22 30th Drive | N/A | N/A | N/A | N/A | 82.4% | $895,797 | $107,736 | $788,061 | 7.1% | $0 | $0 | $788,061 | 7.1% | N/A | N/A | |
Loan | 25 | The Villas at Willow Run | $158,127 | $1,027,639 | 12/31/2020 | 9.3% | 94.9% | $1,253,384 | $356,941 | $896,443 | 8.1% | $18,000 | $0 | $878,443 | 7.9% | N/A | N/A | ||
Loan | 26 | Pillars at HBU | $403,353 | $943,982 | 12/31/2020 | 10.2% | 88.5% | $1,521,506 | $399,013 | $1,122,493 | 12.1% | $4,754 | $23,634 | $1,094,106 | 11.8% | FedEx | 8/31/2026 | ||
Loan | 6, 7 | 27 | Indy Multifamily | $591,303 | $861,082 | 1/31/2021 TTM | 9.4% | 89.4% | $1,454,889 | $619,966 | $834,922 | 9.1% | $23,100 | $8,920 | $802,902 | 8.8% | |||
Property | 27.01 | The Delaware | $366,902 | $604,220 | 1/31/2021 TTM | 90.6% | $973,625 | $391,641 | $581,985 | $14,100 | $8,920 | $558,965 | N/A | N/A | |||||
Property | 27.02 | 632 MLK Apartments | $224,401 | $256,862 | 1/31/2021 TTM | 88.2% | $481,263 | $228,326 | $252,937 | $9,000 | $0 | $243,937 | N/A | N/A | |||||
Loan | 28 | 4500 Alexander Boulevard Northeast | $451,623 | $771,112 | 1/31/2021 TTM | 8.6% | 80.4% | $1,453,195 | $498,804 | $954,391 | 10.6% | $25,631 | $25,631 | $903,130 | 10.0% | Express Scripts | 3/31/2025 | ||
Loan | 6, 7 | 29 | MC Office Portfolio | $376,655 | $1,288,935 | 12/31/2020 | 14.3% | 95.0% | $1,770,542 | $506,968 | $1,263,574 | 14.1% | $20,699 | $77,893 | $1,164,982 | 13.0% | |||
Property | 29.01 | 43630 Hayes Road | $187,747 | $439,777 | 12/31/2020 | 95.0% | $755,451 | $245,576 | $509,875 | $7,907 | $31,630 | $470,338 | Macomb / St. Clair County Workforce Development | 6/30/2026 | |||||
Property | 29.02 | 15950 East 12 Mile Road | $73,570 | $218,168 | 12/31/2020 | 95.0% | $294,331 | $99,794 | $194,537 | $4,728 | $14,010 | $175,799 | Macomb / St. Clair County Workforce Development | 6/30/2025 | |||||
Property | 29.03 | 43740 North Groesbeck Highway | $30,376 | $263,064 | 12/31/2020 | 95.0% | $278,768 | $60,336 | $218,432 | $4,192 | $16,768 | $197,472 | Macomb County Community Mental Health | 9/30/2022 | |||||
Property | 29.04 | 30117 Schoenherr Road | $47,184 | $210,962 | 12/31/2020 | 95.0% | $251,969 | $55,633 | $196,335 | $1,897 | $7,586 | $186,852 | Macomb Physicians Group, PLLC | MTM | |||||
Property | 29.05 | 30300 Hoover Road | $37,778 | $156,964 | 12/31/2020 | 95.0% | $190,024 | $45,629 | $144,395 | $1,975 | $7,899 | $134,521 | Bio-Medical Applications | 5/31/2027 | |||||
Loan | 30 | Durango Commons | $212,051 | $731,665 | 12/31/2020 | 8.5% | 95.7% | $1,079,430 | $217,452 | $861,978 | 10.0% | $5,882 | $87,109 | $768,987 | 8.9% | CVS Pharmacy Inc. | 6/30/2030 | ||
Loan | 31 | Savannah Industrial | $28,782 | $802,968 | 12/31/2020 | 9.4% | 96.1% | $1,060,716 | $288,402 | $772,314 | 9.1% | $14,220 | $37,983 | $720,110 | 8.4% | Lummus Corporation | 12/31/2028 | ||
Loan | 32 | Route 1 Self Storage | $535,973 | $727,263 | 2/28/2021 TTM | 8.8% | 89.0% | $1,263,368 | $483,507 | $779,861 | 9.4% | $12,649 | $0 | $767,212 | 9.2% | N/A | N/A | ||
Loan | 24 | 33 | 486 East 28th Street | N/A | N/A | N/A | N/A | 95.5% | $665,958 | $79,396 | $586,562 | 7.2% | $5,500 | $0 | $581,062 | 7.1% | N/A | N/A | |
Loan | 34 | Riverwood Research Center | $334,763 | $723,607 | 1/31/2021 TTM | 9.2% | 92.5% | $1,204,031 | $406,589 | $797,442 | 10.1% | $13,628 | $68,066 | $715,747 | 9.1% | PACE Southeast Michigan | 8/31/2031 | ||
Loan | 35 | Menifee Range Self Storage and RV | $273,438 | $845,565 | 12/31/2020 | 11.3% | 96.9% | $1,119,003 | $322,289 | $796,715 | 10.6% | $16,667 | $0 | $780,048 | 10.4% | N/A | N/A | ||
Loan | 36 | Dollar Self Storage #10 - Apache Junction | $403,871 | $723,929 | 12/31/2020 | 10.0% | 85.4% | $1,127,800 | $411,839 | $715,961 | 9.9% | $9,118 | $0 | $706,843 | 9.7% | N/A | N/A | ||
Loan | 6 | 37 | StorWise SS Portfolio - Tahoe | $317,202 | $513,735 | 12/31/2020 | 7.4% | 83.8% | $912,503 | $324,696 | $587,807 | 8.5% | $4,867 | $0 | $582,940 | 8.4% | |||
Property | 37.01 | StorWise Kingsbury | $178,276 | $286,826 | 12/31/2020 | 82.4% | $546,668 | $184,814 | $361,854 | $2,666 | $0 | $359,188 | N/A | N/A | |||||
Property | 37.02 | StorWise Tahoe | $138,926 | $226,909 | 12/31/2020 | 86.1% | $365,835 | $139,882 | $225,953 | $2,201 | $0 | $223,752 | N/A | N/A | |||||
Loan | 38 | Marshall Avenue Industrial Park | $297,350 | $740,100 | 3/31/2021 TTM | 10.9% | 95.0% | $1,136,854 | $449,652 | $687,202 | 10.1% | $6,573 | $72,663 | $607,966 | 8.9% | Goodman Manufacturing | 7/31/2027 | ||
Loan | 25 | 39 | Montgomery Self Storage | $279,679 | $545,862 | 2/28/2021 TTM | 8.7% | 77.3% | $834,736 | $280,055 | $554,682 | 8.8% | $9,283 | $0 | $545,399 | 8.7% | N/A | N/A | |
Loan | 40 | Store Safe Baton Rouge | $222,079 | $691,257 | 12/31/2020 | 10.4% | 89.0% | $948,473 | $262,554 | $685,920 | 10.4% | $16,549 | $0 | $669,371 | 10.1% | N/A | N/A | ||
Loan | 26 | 41 | Desert’s Edge RV Park | $795,938 | $1,028,211 | 2/28/2021 TTM | 17.1% | 68.4% | $1,824,149 | $868,904 | $955,245 | 15.9% | $11,150 | $0 | $944,095 | 15.7% | N/A | N/A | |
Loan | 42 | Friar’s Branch Crossing | $246,626 | $828,171 | 1/31/2021 TTM | 14.0% | 90.0% | $1,163,387 | $358,786 | $804,601 | 13.6% | $21,973 | $68,793 | $713,835 | 12.0% | Avenger Logistics | 6/30/2024 | ||
Loan | 43 | Lantern Building | $808,179 | $697,467 | 12/31/2020 | 12.7% | 86.3% | $1,523,327 | $859,024 | $664,303 | 12.1% | $25,510 | $81,522 | $557,271 | 10.1% | Burk Royalty | 11/1/2021 | ||
Loan | 44 | A&S Apartments | $431,474 | $580,267 | 1/31/2021 TTM | 10.7% | 93.8% | $993,792 | $549,821 | $443,971 | 8.2% | $16,704 | $0 | $427,267 | 7.9% | N/A | N/A | ||
Loan | 6 | 45 | CVS Portfolio | $2,000 | $709,124 | 2/28/2021 TTM | 13.4% | 98.0% | $436,100 | $4,361 | $431,739 | 8.1% | $0 | $0 | $431,739 | 8.1% | |||
Property | 45.01 | CVS Fort Wayne | $1,000 | $269,455 | 2/28/2021 TTM | 98.0% | $215,600 | $2,156 | $213,444 | $0 | $0 | $213,444 | CVS | 2/28/2041 | |||||
Property | 45.02 | CVS Garden City | $1,000 | $439,669 | 2/28/2021 TTM | 98.0% | $220,500 | $2,205 | $218,295 | $0 | $0 | $218,295 | CVS | 2/28/2041 | |||||
Loan | 46 | Hollywood 95 Office Center | $325,275 | $548,761 | 1/31/2021 TTM | 11.0% | 90.0% | $1,007,295 | $330,605 | $676,690 | 13.5% | $9,637 | $40,000 | $627,053 | 12.5% | Jay Dees | 3/31/2023 | ||
Loan | 5 | 47 | McCarthy Ranch | $1,545,180 | $3,205,561 | 12/31/2020 | 7.1% | 84.6% | $5,318,525 | $1,578,468 | $3,740,056 | 8.3% | $53,199 | $199,496 | $3,487,362 | 7.7% | Best Buy | 1/31/2025 | |
Loan | 48 | Whitehall Apartments | $664,722 | $367,617 | 1/31/2021 TTM | 7.4% | 88.7% | $1,027,457 | $629,206 | $398,251 | 8.0% | $33,066 | $0 | $365,185 | 7.3% | N/A | N/A | ||
Loan | 49 | Baychester Shopping Center | $470,823 | $836,891 | 12/31/2020 | 17.6% | 89.0% | $1,282,313 | $473,693 | $808,620 | 17.0% | $15,018 | $8,162 | $785,441 | 16.5% | Fine Fare Supermarket | 12/31/2031 | ||
Loan | 50 | Inverness Dental and Medical Plaza | $205,728 | $468,331 | 1/31/2021 TTM | 10.0% | 95.0% | $661,002 | $202,224 | $458,778 | 9.8% | $4,004 | $41,185 | $413,589 | 8.9% | Inverness Family Dentistry, P.C. | 2/28/2031 | ||
Loan | 51 | CubeSmart Winston-Salem | $287,703 | $467,604 | 1/31/2021 TTM | 11.3% | 91.6% | $785,342 | $366,358 | $418,984 | 10.2% | $6,912 | $0 | $412,072 | 10.0% | N/A | N/A | ||
Loan | 52 | 2015-2021 West Race Avenue | N/A | N/A | N/A | N/A | 93.8% | $415,325 | $94,812 | $320,513 | 7.8% | $2,000 | $0 | $318,513 | 7.7% | N/A | N/A | ||
Loan | 53 | Comfort Inn & Suites Southport | $1,066,931 | $612,013 | 11/30/2020 TTM | 15.4% | 63.4% | $1,678,945 | $1,071,743 | $607,202 | 15.2% | $67,158 | $0 | $540,044 | 13.6% | N/A | N/A | ||
Loan | 27 | 54 | 1101 California Avenue | $328,177 | $462,810 | 12/31/2020 | 11.9% | 85.9% | $741,934 | $331,782 | $410,151 | 10.5% | $9,529 | $39,376 | $361,247 | 9.3% | OnSite Computing | 12/31/2021 | |
Loan | 55 | E&B Apartments | $284,255 | $362,282 | 1/31/2021 TTM | 9.1% | 89.5% | $649,322 | $333,420 | $315,902 | 7.9% | $12,597 | $0 | $303,305 | 7.6% | N/A | N/A | ||
Loan | 56 | Cedar Lofts Apartments | $249,844 | $445,448 | 12/31/2020 | 11.6% | 95.0% | $685,427 | $235,600 | $449,827 | 11.7% | $11,600 | $0 | $438,227 | 11.4% | N/A | N/A | ||
Loan | 6 | 57 | Keepsake Storage Portfolio | $227,847 | $363,573 | 2/28/2021 TTM | 9.4% | 82.8% | $581,264 | $239,277 | $341,988 | 8.9% | $9,215 | $3,540 | $329,233 | 8.6% | |||
Property | 57.01 | Commonwealth Storage | $146,317 | $249,541 | 2/28/2021 TTM | 82.7% | $376,089 | $160,315 | $215,775 | $5,896 | $3,540 | $206,339 | N/A | N/A | |||||
Property | 57.02 | Keepsake Storage | $81,529 | $114,031 | 2/28/2021 TTM | 83.0% | $205,175 | $78,962 | $126,213 | $3,319 | $0 | $122,894 | N/A | N/A | |||||
Loan | 58 | Anchor Baker Storage | $85,304 | $385,991 | 2/28/2021 TTM | 10.6% | 95.0% | $459,559 | $133,465 | $326,094 | 8.9% | $8,504 | $0 | $317,590 | 8.7% | N/A | N/A | ||
Loan | 8, 28 | 59 | 571 Hudson Coop | N/A | N/A | N/A | N/A | 95.1% | $1,094,898 | $525,711 | $569,187 | 16.3% | $3,750 | $0 | $565,437 | 16.2% | N/A | N/A | |
Loan | 60 | 1425 Bruckner Fee | $0 | $204,600 | 12/31/2020 | 5.8% | 100.0% | $231,358 | $3,000 | $228,358 | 6.5% | $0 | $0 | $228,358 | 6.5% | N/A | N/A | ||
Loan | 61 | Grand Avenue Storage | $138,486 | $325,491 | 2/28/2021 TTM | 10.5% | 87.3% | $463,977 | $171,390 | $292,587 | 9.4% | $3,098 | $0 | $289,489 | 9.3% | N/A | N/A | ||
Loan | 62 | Anchor Mini Storage | $88,391 | $289,216 | 2/28/2021 TTM | 9.6% | 93.7% | $377,607 | $106,152 | $271,455 | 9.0% | $7,535 | $0 | $263,920 | 8.8% | N/A | N/A | ||
Loan | 63 | Netana Apartments | $252,120 | $263,324 | 1/31/2021 TTM | 9.9% | 94.9% | $515,443 | $301,220 | $214,224 | 8.1% | $10,013 | $0 | $204,211 | 7.7% | N/A | N/A | ||
Loan | 64 | Windy Acres MHC | $133,984 | $230,876 | 9/30/2020 T-9 Ann. | 9.2% | 95.0% | $394,733 | $173,270 | $221,463 | 8.9% | $2,550 | $0 | $218,913 | 8.8% | N/A | N/A | ||
Loan | 6 | 65 | Maple Hills & Walnut Valley MHP | $97,678 | $206,878 | 2/28/2021 TTM | 9.6% | 83.6% | $304,556 | $98,805 | $205,751 | 9.6% | $6,750 | $0 | $199,001 | 9.3% | |||
Property | 65.01 | Maple Hills MHP | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 65.02 | Walnut Valley MHP | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
A-1-14
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Largest Tenant NSF | Largest Tenant % of NSF | 2nd Largest Tenant | 2nd Largest Tenant Lease Expiration(4) | 2nd Largest Tenant NSF | 2nd Largest Tenant % of NSF | 3rd Largest Tenant | 3rd Largest Tenant Lease Expiration(4) | 3rd Largest Tenant NSF | 3rd Largest Tenant % of NSF | |||
Loan | 6, 9, 10 | 1 | Extra Space Self Storage Portfolio | |||||||||||||
Property | 1.01 | Extra Space Brickell | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 1.02 | Extra Space Ocoee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 1.03 | Extra Space West Doral | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 1.04 | Extra Space Coconut Grove | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 1.05 | Extra Space Alpharetta | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 1.06 | Extra Space Fleming Island | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 1.07 | Extra Space Marietta | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 11, 12 | 2 | 215 Coles Street | 760,000 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 6, 7, 9 | 3 | Ahold Portfolio | |||||||||||||
Property | 3.01 | Stop & Shop - South Yarmouth | 113,186 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 3.02 | Stop & Shop - Peabody | 66,783 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 3.03 | Stop & Shop - Arlington | 29,277 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 3.04 | Stop & Shop - Lexington | 45,122 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 6, 9 | 4 | NOLA Logistics Portfolio | |||||||||||||
Property | 4.01 | 115 Canvasback Drive | 39,310 | 60.7% | Agility Project Logistics, Inc | 1/31/2022 | 25,440 | 39.3% | N/A | N/A | N/A | N/A | ||||
Property | 4.02 | 150 Teal Street | 5,099 | 9.5% | Siemens | 3/31/2024 | 4,424 | 8.3% | Carrier Rental Systems, Inc. | 5/31/2026 | 2,766 | 5.2% | ||||
Property | 4.03 | 120 Mallard Street | 18,534 | 34.6% | General Services Administration | 11/18/2023 | 10,084 | 18.8% | Siemens Real Estate | 7/31/2028 | 9,769 | 18.3% | ||||
Property | 4.04 | 110 Widgeon Drive | 13,086 | 26.3% | Shred-It USA, LLC | 4/30/2025 | 12,416 | 24.9% | Arbon Equipment Corporation | 3/31/2026 | 10,671 | 21.4% | ||||
Property | 4.05 | 150 James Drive East | 14,318 | 29.1% | Convergint Technologies | 10/31/2023 | 13,318 | 27.0% | Deckhouse Ship Supply NOLA, Inc. | 5/31/2024 | 7,552 | 15.3% | ||||
Property | 4.06 | 161 James Drive West | 23,718 | 50.0% | Amarr Garage Doors | 11/30/2022 | 11,360 | 23.9% | California Closets | 11/30/2024 | 6,004 | 12.6% | ||||
Property | 4.07 | 100 James Drive | 30,142 | 70.0% | Hexion, Inc. | 10/31/2022 | 3,229 | 7.5% | Enterprise Products Operating | 11/30/2023 | 3,228 | 7.5% | ||||
Property | 4.08 | 150 Canvasback Drive | 40,500 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 4.09 | 125 James Drive West | 12,870 | 33.3% | Sears | 5/31/2023 | 7,943 | 20.5% | BI Inc. | 9/30/2026 | 5,882 | 15.2% | ||||
Property | 4.10 | 190 James Drive East | 10,076 | 27.7% | Pharmacy Alternatives | 1/31/2022 | 9,523 | 26.2% | Interek Caleb Brett | 9/30/2021 | 9,138 | 25.1% | ||||
Property | 4.11 | 160 James Drive East | 10,546 | 40.9% | Cormeum Lab Services, LLC | 4/30/2025 | 9,340 | 36.2% | Interek Caleb Brett | 12/31/2022 | 5,886 | 22.8% | ||||
Property | 4.12 | 107 Mallard Street | 13,754 | 58.7% | Patterson Dental Supply, Inc. | 1/31/2023 | 9,682 | 41.3% | N/A | N/A | N/A | N/A | ||||
Property | 4.13 | 125 Mallard Street | 4,434 | 18.9% | Southern Power Systems | 10/14/2021 | 3,318 | 14.2% | N/A | N/A | N/A | N/A | ||||
Property | 4.14 | 143 Mallard Street | 7,784 | 33.2% | Highland Commercial Construction | MTM | 5,378 | 22.9% | Enjoy Technology, Inc. | 8/31/2021 | 3,348 | 14.3% | ||||
Property | 4.15 | 115 James Drive West | 9,387 | 43.8% | BRIS Engineering | 8/31/2026 | 4,466 | 20.9% | Rhino Shield Gulf South, LLC | 7/31/2024 | 3,456 | 16.1% | ||||
Loan | 5, 6, 7, 8, 13, 14, 15, 16 | 5 | MGM Grand & Mandalay Bay | |||||||||||||
Property | 5.01 | MGM Grand | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 5.02 | Mandalay Bay | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 17 | 6 | Lullwater at Blair Stone | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 7 | Woods on LaMonte | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 8 | Olympus Corporate Center | 24,542 | 12.5% | Direct Technology | 6/30/2022 | 19,626 | 10.0% | Nyman Turkish PC | 6/30/2028 | 13,061 | 6.6% | ||||
Loan | 9 | The District - Airpark | 15,008 | 10.5% | Imagine Backyard | 4/30/2024 | 14,564 | 10.2% | Solidifi Title & Closing | 1/31/2026 | 12,664 | 8.9% | ||||
Loan | 10 | Allied Plaza | 22,833 | 15.9% | Reilly Financial Advisors, LLC | 9/30/2029 | 14,988 | 10.4% | Umpqua Bank | 6/30/2023 | 14,736 | 10.2% | ||||
Loan | 6 | 11 | Central Canal Company Industrial Portfolio | |||||||||||||
Property | 11.01 | Venture & Forsyth | 12,625 | 8.1% | Pryco Movers. Inc. | MTM | 11,250 | 7.2% | Shining Green Landscaping | MTM | 10,500 | 6.8% | ||||
Property | 11.02 | Carter I & II | 7,500 | 11.1% | Balforn Services, LLC | MTM | 4,650 | 6.9% | Pro Tech Paint and Body, Inc | MTM | 3,750 | 5.5% | ||||
Property | 11.03 | Northstar Business Park | 11,600 | 13.0% | Salt.XO & Jhalesa V Lewis | MTM | 8,500 | 9.5% | DSW Homes | MTM | 7,500 | 8.4% | ||||
Property | 11.04 | Michigan I & II | 8,000 | 23.6% | Honda & Acura Solutions | MTM | 4,950 | 14.6% | Hendrick Enrique Valle Sal | MTM | 3,300 | 9.7% | ||||
Property | 11.05 | Taft Vineland | 5,400 | 18.3% | Fastenal Company | MTM | 5,400 | 18.3% | Xplay Baseball Academy | MTM | 3,750 | 12.7% | ||||
Property | 11.06 | Lyman Road | 6,375 | 37.5% | Cabinet Coating King LLC | MTM | 2,125 | 12.5% | Perfection Cleaners LLC | MTM | 2,125 | 12.5% | ||||
Loan | 5, 6, 8, 12, 18, 19 | 12 | Signature Office Portfolio | |||||||||||||
Property | 12.01 | Hauppauge Office Park | 87,945 | 31.2% | The Bridgehampton National Bank | 3/31/2028 | 83,426 | 29.6% | Morgan Stanley | 8/31/2031 | 10,630 | 3.8% | ||||
Property | 12.02 | 20 Commerce | 34,373 | 18.3% | Herbert L. Jamison & Co., L.L.C. | 5/31/2025 | 24,838 | 13.2% | O’Connor Davies, LLP | 11/30/2022 | 19,503 | 10.4% | ||||
Loan | 20 | 13 | 12510 & 12600 Cardinal Meadow | 175,235 | 64.1% | Unique Industrial Products Company, Inc. | 1/1/2034 | 85,000 | 31.1% | Unique Fasteners | 1/1/2034 | 13,005 | 4.8% | |||
Loan | 8 | 14 | Sunrise Corporate Plaza I | 37,818 | 35.2% | Benefytt | 12/31/2026 | 19,683 | 18.3% | AlphaStaff | 7/31/2027 | 15,731 | 14.7% | |||
Loan | 15 | Colonnades West | 30,582 | 22.5% | OfficeMax | 5/31/2022 | 30,000 | 22.0% | Ross Dress for Less | 1/31/2025 | 25,600 | 18.8% | ||||
Loan | 16 | LA Creative Industrial Portfolio | 4,175 | 2.9% | Chloe Star Nakhjavanpourtalebi | 2/28/2022 | 3,130 | 2.2% | Peter M. Sheldon | 6/30/2021 | 2,360 | 1.6% | ||||
Loan | 17 | Frankfort Crossing | 64,937 | 56.7% | ACE Hardware | 8/31/2027 | 10,251 | 9.0% | Anytime Fitness | 6/30/2024 | 6,956 | 6.1% | ||||
Loan | 6, 9 | 18 | East Boston Multifamily Portfolio 1 | |||||||||||||
Property | 18.01 | 298-300 Meridian Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 18.02 | 151-153 Meridian Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 18.03 | 108-110 Meridian Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 18.04 | 144-146 Chester Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 18.05 | 236 Princeton Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 18.06 | 346 Chelsea Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 18.07 | 151 Saratoga Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 18.08 | 17 Morris Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 18.09 | 8 Curtis Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 18.10 | 329 Paris Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 18.11 | 187 Maverick Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 18.12 | 62 Chelsea Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 18.13 | 26 Decatur Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 18.14 | 133 Eutaw Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 6 | 19 | Jones Estates Portfolio | |||||||||||||
Property | 19.01 | Massengills MHC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 19.02 | Brookhaven MHC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
A-1-15
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Largest Tenant NSF | Largest Tenant % of NSF | 2nd Largest Tenant | 2nd Largest Tenant Lease Expiration(4) | 2nd Largest Tenant NSF | 2nd Largest Tenant % of NSF | 3rd Largest Tenant | 3rd Largest Tenant Lease Expiration(4) | 3rd Largest Tenant NSF | 3rd Largest Tenant % of NSF | |||
Property | 19.03 | Leisure Park MHC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 19.04 | Twin Branch MHC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 19.05 | Hannibal MHC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 19.06 | Whispering Pines | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 19.07 | Avalon MHC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 6, 7 | 20 | Archer Portfolio | |||||||||||||
Property | 20.01 | Crown Point Center | 4,281 | 26.1% | MOD Pizza | 1/1/2029 | 2,800 | 17.1% | Blue Sky Nail & Spa | 1/1/2028 | 2,797 | 17.1% | ||||
Property | 20.02 | Spanish Village | 4,999 | 20.3% | Grace Renee Gallery | 10/31/2027 | 2,113 | 8.6% | Pizzicata Ristorante Pizzeria | 4/30/2024 | 1,664 | 6.8% | ||||
Property | 20.03 | Bouquet Canyon | 3,008 | 33.3% | Logix Federal Credit Union | 7/25/2024 | 2,986 | 33.1% | Pure Dental Solutions | 5/10/2026 | 1,900 | 21.0% | ||||
Loan | 21 | 21 | 6851 River Road | 201,700 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 5 | 22 | Appletree Business Park | 96,150 | 22.7% | County of Erie | 3/31/2024 | 78,229 | 18.5% | Time Warner NY Cable LLC | 51,943 SF (11/30/2023); 2,400 SF (6/30/2025) | 54,343 | 12.8% | |||
Loan | 23 | 179 East 116th Street | 8,790 | 38.4% | JP Morgan Chase | 12/31/2024 | 4,400 | 19.2% | Thomas Makkos/The Senegal Consulate of NY | 2/28/2025 | 3,880 | 17.0% | ||||
Loan | 9, 22, 23 | 24 | 25-22 30th Drive | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 25 | The Villas at Willow Run | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 26 | Pillars at HBU | 4,932 | 12.4% | Chick-fil-A | 9/30/2035 | 4,609 | 11.6% | Whataburger | 9/30/2033 | 3,583 | 9.0% | ||||
Loan | 6, 7 | 27 | Indy Multifamily | |||||||||||||
Property | 27.01 | The Delaware | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 27.02 | 632 MLK Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 28 | 4500 Alexander Boulevard Northeast | 36,282 | 35.4% | Paychex | 5/31/2028 | 31,245 | 30.5% | Leidos | 9/1/2025 | 13,657 | 13.3% | ||||
Loan | 6, 7 | 29 | MC Office Portfolio | |||||||||||||
Property | 29.01 | 43630 Hayes Road | 21,302 | 53.9% | Henry Ford Health System | 9/30/2026 | 7,456 | 18.9% | State of Michigan | 6/30/2021 | 6,918 | 17.5% | ||||
Property | 29.02 | 15950 East 12 Mile Road | 11,724 | 66.9% | State of Michigan | 1/31/2025 | 5,788 | 33.1% | N/A | N/A | N/A | N/A | ||||
Property | 29.03 | 43740 North Groesbeck Highway | 20,960 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 29.04 | 30117 Schoenherr Road | 6,465 | 68.2% | Medical Resources Group | 2/28/2026 | 3,018 | 31.8% | N/A | N/A | N/A | N/A | ||||
Property | 29.05 | 30300 Hoover Road | 9,874 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 30 | Durango Commons | 17,275 | 44.1% | Best Mattress | 9/30/2028 | 4,917 | 12.5% | Kumon Math and Reading Center | 5/31/2022 | 2,267 | 5.8% | ||||
Loan | 31 | Savannah Industrial | 96,000 | 67.5% | Ruby Industrial Technologies LLC (f/k/a Kaman Industrial Technologies Corporation) | 2/28/2025 | 46,200 | 32.5% | N/A | N/A | N/A | N/A | ||||
Loan | 32 | Route 1 Self Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 24 | 33 | 486 East 28th Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 34 | Riverwood Research Center | 32,297 | 47.4% | DRiV Automotive, Inc. | 3/31/2024 | 17,495 | 25.7% | Midway Dental Supply, LLC | 6/30/2025 | 7,510 | 11.0% | ||||
Loan | 35 | Menifee Range Self Storage and RV | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 36 | Dollar Self Storage #10 - Apache Junction | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 6 | 37 | StorWise SS Portfolio - Tahoe | |||||||||||||
Property | 37.01 | StorWise Kingsbury | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 37.02 | StorWise Tahoe | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 38 | Marshall Avenue Industrial Park | 25,531 | 38.8% | Turfworx | 5/31/2026 | 8,226 | 12.5% | TA Appliance Parts | 10/31/2025 | 4,147 | 6.3% | ||||
Loan | 25 | 39 | Montgomery Self Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 40 | Store Safe Baton Rouge | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 26 | 41 | Desert’s Edge RV Park | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 42 | Friar’s Branch Crossing | 23,195 | 23.2% | SecurAmerica ERMC | 5/31/2026 | 20,500 | 20.5% | Astec Industries | 5/31/2022 | 12,006 | 12.0% | ||||
Loan | 43 | Lantern Building | 12,111 | 9.7% | Merrill Lynch | 6/30/2024 | 8,157 | 6.5% | Wichita HHS | 11/30/2022 | 7,874 | 6.3% | ||||
Loan | 44 | A&S Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 6 | 45 | CVS Portfolio | |||||||||||||
Property | 45.01 | CVS Fort Wayne | 10,125 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 45.02 | CVS Garden City | 10,880 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 46 | Hollywood 95 Office Center | 2,902 | 7.5% | Professional Co-Op Services | 12/31/2023 | 2,290 | 5.9% | We Fund Funerals | 9/30/2021 | 2,270 | 5.9% | ||||
Loan | 5 | 47 | McCarthy Ranch | 51,250 | 19.3% | Big Al’s | 4/30/2034 | 46,000 | 17.3% | Ross Stores | 1/31/2025 | 27,000 | 10.2% | |||
Loan | 48 | Whitehall Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 49 | Baychester Shopping Center | 15,271 | 46.8% | BSW Hair & Wig | 12/31/2022 | 5,000 | 15.3% | Jackie’s West Indian Bakery | 9/30/2029 | 1,264 | 3.9% | ||||
Loan | 50 | Inverness Dental and Medical Plaza | 8,918 | 44.5% | Sherri Weissman, DMD, P.C. | 2/28/2031 | 7,220 | 36.1% | Birmingham Endodontics, LLC | 2/28/2031 | 3,881 | 19.4% | ||||
Loan | 51 | CubeSmart Winston-Salem | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 52 | 2015-2021 West Race Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 53 | Comfort Inn & Suites Southport | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 27 | 54 | 1101 California Avenue | 2,945 | 7.5% | Michael La Cilento (Law Office) | 10/31/2022 | 2,791 | 7.1% | Center for New Directions | 4/30/2022 | 2,148 | 5.5% | |||
Loan | 55 | E&B Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 56 | Cedar Lofts Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 6 | 57 | Keepsake Storage Portfolio | |||||||||||||
Property | 57.01 | Commonwealth Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 57.02 | Keepsake Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 58 | Anchor Baker Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 8, 28 | 59 | 571 Hudson Coop | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 60 | 1425 Bruckner Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 61 | Grand Avenue Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 62 | Anchor Mini Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 63 | Netana Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 64 | Windy Acres MHC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 6 | 65 | Maple Hills & Walnut Valley MHP | |||||||||||||
Property | 65.01 | Maple Hills MHP | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 65.02 | Walnut Valley MHP | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
A-1-16
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | 4th Largest Tenant | 4th Largest Tenant Lease Expiration(4) | 4th Largest Tenant NSF | 4th Largest Tenant % of NSF | 5th Largest Tenant | 5th Largest Tenant Lease Expiration(4) | 5th Largest Tenant NSF | 5th Largest Tenant % of NSF | Upfront Replacement Reserves | Monthly Replacement Reserves | Replacement Reserve Cap | Upfront TI/LC Reserves | ||
Loan | 6, 9, 10 | 1 | Extra Space Self Storage Portfolio | $0 | $6,238 | $0 | $0 | ||||||||||
Property | 1.01 | Extra Space Brickell | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 1.02 | Extra Space Ocoee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 1.03 | Extra Space West Doral | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 1.04 | Extra Space Coconut Grove | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 1.05 | Extra Space Alpharetta | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 1.06 | Extra Space Fleming Island | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 1.07 | Extra Space Marietta | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 11, 12 | 2 | 215 Coles Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $8,233 | $0 | $0 | ||
Loan | 6, 7, 9 | 3 | Ahold Portfolio | $0 | $0 | $0 | $0 | ||||||||||
Property | 3.01 | Stop & Shop - South Yarmouth | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.02 | Stop & Shop - Peabody | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.03 | Stop & Shop - Arlington | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.04 | Stop & Shop - Lexington | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 6, 9 | 4 | NOLA Logistics Portfolio | $0 | $9,908 | $450,000 | $0 | ||||||||||
Property | 4.01 | 115 Canvasback Drive | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 4.02 | 150 Teal Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 4.03 | 120 Mallard Street | Norton Lilly International, Inc. | 10/31/2021 | 4,149 | 7.8% | Champion Technology Service | 10/31/2021 | 1,748 | 3.3% | |||||||
Property | 4.04 | 110 Widgeon Drive | Deckhouse Ship Supply NOLA, Inc. | 5/31/2024 | 8,927 | 17.9% | Agiliti Health, Inc. | 4/30/2022 | 4,700 | 9.4% | |||||||
Property | 4.05 | 150 James Drive East | Fresenius Medical Care | 8/31/2021 | 6,236 | 12.7% | All My Sons Moving & Storage | 2/28/2024 | 3,871 | 7.9% | |||||||
Property | 4.06 | 161 James Drive West | Extinval USA | 9/30/2022 | 3,196 | 6.7% | N/A | N/A | N/A | N/A | |||||||
Property | 4.07 | 100 James Drive | Conrad Shipyard, LLC | 10/31/2022 | 3,228 | 7.5% | Healthcare Billing Services | 2/28/2025 | 3,228 | 7.5% | |||||||
Property | 4.08 | 150 Canvasback Drive | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 4.09 | 125 James Drive West | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 4.10 | 190 James Drive East | Paradise Lagardere | 2/29/2024 | 7,620 | 21.0% | N/A | N/A | N/A | N/A | |||||||
Property | 4.11 | 160 James Drive East | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 4.12 | 107 Mallard Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 4.13 | 125 Mallard Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 4.14 | 143 Mallard Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 4.15 | 115 James Drive West | IDEXX Distribution, Inc. | 1/31/2026 | 2,371 | 11.1% | Warren Paving, Inc. dba Slats | 7/31/2022 | 1,728 | 8.1% | |||||||
Loan | 5, 6, 7, 8, 13, 14, 15, 16 | 5 | MGM Grand & Mandalay Bay | $0 | $0 | $0 | $0 | ||||||||||
Property | 5.01 | MGM Grand | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 5.02 | Mandalay Bay | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 17 | 6 | Lullwater at Blair Stone | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $5,083 | $0 | $0 | ||
Loan | 7 | Woods on LaMonte | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $233,938 | $13,098 | $0 | $0 | |||
Loan | 8 | Olympus Corporate Center | KB Home Sacramento, Inc. | 11/30/2022 | 12,644 | 6.4% | Granite Bay Development dba Anthem United Homes, Inc. | 11/30/2023 | 11,677 | 5.9% | $1,300,000 | $0 | $0 | $3,450,000 | |||
Loan | 9 | The District - Airpark | Studio41 Home Design Showroom | 6/30/2024 | 12,531 | 8.8% | Fig & Birch Interiors | 2/28/2026 | 10,046 | 7.0% | $0 | $2,379 | $85,640 | $0 | |||
Loan | 10 | Allied Plaza | LoanDepot.com, LLC | 1/31/2022 | 10,496 | 7.3% | Law & Mediation Firm of Klueck & Hoppes | 12/31/2022 | 7,017 | 4.9% | $0 | $2,401 | $100,000 | $0 | |||
Loan | 6 | 11 | Central Canal Company Industrial Portfolio | $0 | $4,915 | $0 | $200,000 | ||||||||||
Property | 11.01 | Venture & Forsyth | Tomas A Cardona | MTM | 5,000 | 3.2% | Final Touch Towing and Coli | MTM | 4,548 | 2.9% | |||||||
Property | 11.02 | Carter I & II | Royal European Motors NOI | MTM | 3,675 | 5.4% | Blitz Tech, LLC | MTM | 3,100 | 4.6% | |||||||
Property | 11.03 | Northstar Business Park | Indian River Organics, LLC | MTM | 6,294 | 7.0% | Roche Filtration Technologies | MTM | 6,000 | 6.7% | |||||||
Property | 11.04 | Michigan I & II | Leo Car Services, Inc | MTM | 3,300 | 9.7% | Elizabeth Diaz Nunez | MTM | 2,500 | 7.4% | |||||||
Property | 11.05 | Taft Vineland | Luso Distribution Inc | MTM | 3,750 | 12.7% | Alfa Vitamins Labratories | MTM | 1,875 | 6.3% | |||||||
Property | 11.06 | Lyman Road | Marvin Rodriguez | MTM | 2,125 | 12.5% | Ryko Solutions | MTM | 2,125 | 12.5% | |||||||
Loan | 5, 6, 8, 12, 18, 19 | 12 | Signature Office Portfolio | $0 | $9,993 | $0 | $0 | ||||||||||
Property | 12.01 | Hauppauge Office Park | Viner Finance Inc. | 6/30/2023 | 8,870 | 3.1% | TheraCare Preschool Services, Inc. | 7/31/2027 | 8,778 | 3.1% | |||||||
Property | 12.02 | 20 Commerce | Allstate Insurance Company | 6/30/2024 | 12,800 | 6.8% | RGN-Cranford I, LLC | 10/31/2024 | 9,797 | 5.2% | |||||||
Loan | 20 | 13 | 12510 & 12600 Cardinal Meadow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $2,584 | $0 | $0 | ||
Loan | 8 | 14 | Sunrise Corporate Plaza I | Smith Transportation Services | 7/31/2022 | 8,122 | 7.6% | Omron Healthcare, Inc. | 12/31/2022 | 4,022 | 3.7% | $1,788 | $1,788 | $64,400 | $300,000 | ||
Loan | 15 | Colonnades West | Shoe Carnival | 1/31/2024 | 12,000 | 8.8% | CVS | 1/31/2024 | 10,125 | 7.4% | $2,268 | $2,268 | $0 | $1,173,884 | |||
Loan | 16 | LA Creative Industrial Portfolio | Michael L. White | 1,345 SF (4/30/2021); 870 SF (6/30/2031) | 2,215 | 1.5% | Ahmed B. Ouedraogo | 1,315 SF (5/14/2021); 870 SF (8/31/2031) | 2,185 | 1.5% | $0 | $1,804 | $0 | $0 | |||
Loan | 17 | Frankfort Crossing | Baird & Warner | 5/31/2022 | 3,646 | 3.2% | Vein Clinics of America | 6/30/2025 | 3,522 | 3.1% | $0 | $1,525 | $73,200 | $306,000 | |||
Loan | 6, 9 | 18 | East Boston Multifamily Portfolio 1 | $0 | $1,174 | $0 | $0 | ||||||||||
Property | 18.01 | 298-300 Meridian Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 18.02 | 151-153 Meridian Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 18.03 | 108-110 Meridian Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 18.04 | 144-146 Chester Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 18.05 | 236 Princeton Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 18.06 | 346 Chelsea Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 18.07 | 151 Saratoga Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 18.08 | 17 Morris Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 18.09 | 8 Curtis Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 18.10 | 329 Paris Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 18.11 | 187 Maverick Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 18.12 | 62 Chelsea Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 18.13 | 26 Decatur Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 18.14 | 133 Eutaw Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 6 | 19 | Jones Estates Portfolio | $1,529 | $1,529 | $0 | $0 | ||||||||||
Property | 19.01 | Massengills MHC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 19.02 | Brookhaven MHC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
A-1-17
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | 4th Largest Tenant | 4th Largest Tenant Lease Expiration(4) | 4th Largest Tenant NSF | 4th Largest Tenant % of NSF | 5th Largest Tenant | 5th Largest Tenant Lease Expiration(4) | 5th Largest Tenant NSF | 5th Largest Tenant % of NSF | Upfront Replacement Reserves | Monthly Replacement Reserves | Replacement Reserve Cap | Upfront TI/LC Reserves | ||
Property | 19.03 | Leisure Park MHC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 19.04 | Twin Branch MHC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 19.05 | Hannibal MHC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 19.06 | Whispering Pines | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 19.07 | Avalon MHC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 6, 7 | 20 | Archer Portfolio | $0 | $927 | $0 | $0 | ||||||||||
Property | 20.01 | Crown Point Center | Chipotle | 6/30/2030 | 2,483 | 15.1% | Lotus Family Dental | 2/28/2031 | 1,381 | 8.4% | |||||||
Property | 20.02 | Spanish Village | Althea West | 3/14/2024 | 1,607 | 6.5% | L Skincare | 3/31/2025 | 1,516 | 6.2% | |||||||
Property | 20.03 | Bouquet Canyon | The Nail Fix | 6/30/2024 | 1,135 | 12.6% | N/A | N/A | N/A | N/A | |||||||
Loan | 21 | 21 | 6851 River Road | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $1,681 | $0 | $0 | ||
Loan | 5 | 22 | Appletree Business Park | First Choice Evaluations | 8/31/2027 | 26,345 | 6.2% | M&T Bank | 11/30/2021 | 25,324 | 6.0% | $150,000 | $9,746 | $585,000 | $800,000 | ||
Loan | 23 | 179 East 116th Street | Avna Global Inc | 6/30/2025 | 2,000 | 8.7% | Numero Uno Photo | 12/31/2025 | 1,500 | 6.6% | $0 | $381 | $0 | $0 | |||
Loan | 9, 22, 23 | 24 | 25-22 30th Drive | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $77,500 | $0 | $20,000 | $0 | ||
Loan | 25 | The Villas at Willow Run | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $1,500 | $0 | $0 | |||
Loan | 26 | Pillars at HBU | Sprint Spectrum | 8/31/2023 | 3,019 | 7.6% | Blaze Pizza | 10/4/2027 | 2,999 | 7.5% | $0 | $396 | $14,261 | $159,812 | |||
Loan | 6, 7 | 27 | Indy Multifamily | $1,925 | $1,925 | $70,000 | $743 | ||||||||||
Property | 27.01 | The Delaware | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 27.02 | 632 MLK Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 28 | 4500 Alexander Boulevard Northeast | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $50,000 | $2,136 | $0 | $250,000 | |||
Loan | 6, 7 | 29 | MC Office Portfolio | $0 | $1,725 | $65,000 | $200,000 | ||||||||||
Property | 29.01 | 43630 Hayes Road | Michael Aiello, DDS | 7/31/2022 | 2,542 | 6.4% | New Horizons Rehabilitation | 2/28/2023 | 1,319 | 3.3% | |||||||
Property | 29.02 | 15950 East 12 Mile Road | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 29.03 | 43740 North Groesbeck Highway | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 29.04 | 30117 Schoenherr Road | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 29.05 | 30300 Hoover Road | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 30 | Durango Commons | Featherblade, LLC (Butcher) | 5/15/2031 | 1,458 | 3.7% | Pearl Wok to Go (Xiao Ming Chen & Ying He) | 8/31/2027 | 1,350 | 3.4% | $0 | $490 | $0 | $125,000 | |||
Loan | 31 | Savannah Industrial | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $1,185 | $0 | $0 | |||
Loan | 32 | Route 1 Self Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $1,054 | $0 | $0 | |||
Loan | 24 | 33 | 486 East 28th Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $458 | $0 | $0 | ||
Loan | 34 | Riverwood Research Center | Tree City Dialysis, LLC d/b/a DaVita | 3/31/2026 | 6,688 | 9.8% | True Scan, LLC | 8/31/2021 | 4,152 | 6.1% | $1,135 | $1,135 | $40,885 | $5,417 | |||
Loan | 35 | Menifee Range Self Storage and RV | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $1,000 | $1,000 | $36,000 | $0 | |||
Loan | 36 | Dollar Self Storage #10 - Apache Junction | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $760 | $760 | $18,236 | $0 | |||
Loan | 6 | 37 | StorWise SS Portfolio - Tahoe | $0 | $406 | $0 | $0 | ||||||||||
Property | 37.01 | StorWise Kingsbury | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 37.02 | StorWise Tahoe | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 38 | Marshall Avenue Industrial Park | ICC | 10/31/2024 | 2,900 | 4.4% | Ray Neder Construction | 12/31/2023 | 2,064 | 3.1% | $0 | $548 | $0 | $0 | |||
Loan | 25 | 39 | Montgomery Self Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $774 | $46,413 | $0 | ||
Loan | 40 | Store Safe Baton Rouge | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $1,379 | $0 | $0 | |||
Loan | 26 | 41 | Desert’s Edge RV Park | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $919 | $22,300 | $0 | ||
Loan | 42 | Friar’s Branch Crossing | CarExpress, LLC | 3/31/2023 | 8,814 | 8.8% | PA Group Cloud Solutions | 12/31/2021 | 5,365 | 5.4% | $1,831 | $1,831 | $65,919 | $175,000 | |||
Loan | 43 | Lantern Building | Telispire | 6/30/2022 | 7,681 | 6.1% | Chase Bank | 4/30/2025 | 6,896 | 5.5% | $100,000 | $2,126 | $0 | $150,000 | |||
Loan | 44 | A&S Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $100,000 | $0 | $100,000 | $0 | |||
Loan | 6 | 45 | CVS Portfolio | $0 | $0 | $0 | $0 | ||||||||||
Property | 45.01 | CVS Fort Wayne | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 45.02 | CVS Garden City | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 46 | Hollywood 95 Office Center | CMBE Developers | 6/30/2023 | 1,714 | 4.4% | Consultants in Diagnostic Imaging | 3/31/2022 | 1,569 | 4.1% | $0 | $803 | $0 | $0 | |||
Loan | 5 | 47 | McCarthy Ranch | PetSmart | 4/30/2025 | 25,416 | 9.6% | Michael’s | 6/30/2028 | 23,781 | 8.9% | $0 | $4,433 | $300,000 | $500,000 | ||
Loan | 48 | Whitehall Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $100,000 | $0 | $100,000 | $0 | |||
Loan | 49 | Baychester Shopping Center | Bronx Wine & Liquor | 1/31/2025 | 1,264 | 3.9% | MK Great Stuff | 6/30/2026 | 1,264 | 3.9% | $16,000 | $0 | $0 | $0 | |||
Loan | 50 | Inverness Dental and Medical Plaza | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $334 | $334 | $12,011 | $1,668 | |||
Loan | 51 | CubeSmart Winston-Salem | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $576 | $576 | $12,600 | $0 | |||
Loan | 52 | 2015-2021 West Race Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $167 | $167 | $0 | $0 | |||
Loan | 53 | Comfort Inn & Suites Southport | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $6,331 | $6,331 | $0 | $0 | |||
Loan | 27 | 54 | 1101 California Avenue | First United Capital | 8/31/2022 | 1,571 | 4.0% | Mercuri Asset Management, LLC | 8/31/2021 | 1,444 | 3.7% | $0 | $794 | $0 | $120,000 | ||
Loan | 55 | E&B Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $100,000 | $0 | $100,000 | $0 | |||
Loan | 56 | Cedar Lofts Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | $0 | |||
Loan | 6 | 57 | Keepsake Storage Portfolio | $0 | $788 | $0 | $0 | ||||||||||
Property | 57.01 | Commonwealth Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 57.02 | Keepsake Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 58 | Anchor Baker Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $709 | $0 | $0 | |||
Loan | 8, 28 | 59 | 571 Hudson Coop | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $313 | $0 | $0 | ||
Loan | 60 | 1425 Bruckner Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | $0 | |||
Loan | 61 | Grand Avenue Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $258 | $258 | $9,288 | $0 | |||
Loan | 62 | Anchor Mini Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $628 | $0 | $0 | |||
Loan | 63 | Netana Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $100,000 | $0 | $100,000 | $0 | |||
Loan | 64 | Windy Acres MHC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $213 | $213 | $0 | $0 | |||
Loan | 6 | 65 | Maple Hills & Walnut Valley MHP | $0 | $563 | $0 | $0 | ||||||||||
Property | 65.01 | Maple Hills MHP | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 65.02 | Walnut Valley MHP | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
A-1-18
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Monthly TI/LC Reserves | TI/LC Reserve Cap | Upfront Tax Reserves | Monthly Tax Reserves | Upfront Insurance Reserves | Monthly Insurance Reserves | Upfront Deferred Maint. Reserve | Initial Other Reserves | Ongoing Other Reserves |
Loan | 6, 9, 10 | 1 | Extra Space Self Storage Portfolio | $0 | $0 | $309,271 | $77,318 | $122,155 | $9,397 | $0 | $2,500,000 | $0 |
Property | 1.01 | Extra Space Brickell | ||||||||||
Property | 1.02 | Extra Space Ocoee | ||||||||||
Property | 1.03 | Extra Space West Doral | ||||||||||
Property | 1.04 | Extra Space Coconut Grove | ||||||||||
Property | 1.05 | Extra Space Alpharetta | ||||||||||
Property | 1.06 | Extra Space Fleming Island | ||||||||||
Property | 1.07 | Extra Space Marietta | ||||||||||
Loan | 11, 12 | 2 | 215 Coles Street | $0 | $0 | $47,561 | $47,561 | $663 | $55 | $53,250 | $0 | $0 |
Loan | 6, 7, 9 | 3 | Ahold Portfolio | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Property | 3.01 | Stop & Shop - South Yarmouth | ||||||||||
Property | 3.02 | Stop & Shop - Peabody | ||||||||||
Property | 3.03 | Stop & Shop - Arlington | ||||||||||
Property | 3.04 | Stop & Shop - Lexington | ||||||||||
Loan | 6, 9 | 4 | NOLA Logistics Portfolio | $17,338 | $832,237 | $183,412 | $36,682 | $0 | $0 | $51,600 | $355,198 | $0 |
Property | 4.01 | 115 Canvasback Drive | ||||||||||
Property | 4.02 | 150 Teal Street | ||||||||||
Property | 4.03 | 120 Mallard Street | ||||||||||
Property | 4.04 | 110 Widgeon Drive | ||||||||||
Property | 4.05 | 150 James Drive East | ||||||||||
Property | 4.06 | 161 James Drive West | ||||||||||
Property | 4.07 | 100 James Drive | ||||||||||
Property | 4.08 | 150 Canvasback Drive | ||||||||||
Property | 4.09 | 125 James Drive West | ||||||||||
Property | 4.10 | 190 James Drive East | ||||||||||
Property | 4.11 | 160 James Drive East | ||||||||||
Property | 4.12 | 107 Mallard Street | ||||||||||
Property | 4.13 | 125 Mallard Street | ||||||||||
Property | 4.14 | 143 Mallard Street | ||||||||||
Property | 4.15 | 115 James Drive West | ||||||||||
Loan | 5, 6, 7, 8, 13, 14, 15, 16 | 5 | MGM Grand & Mandalay Bay | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Property | 5.01 | MGM Grand | ||||||||||
Property | 5.02 | Mandalay Bay | ||||||||||
Loan | 17 | 6 | Lullwater at Blair Stone | $0 | $0 | $197,863 | $39,573 | $0 | $0 | $0 | $302,853 | $0 |
Loan | 7 | Woods on LaMonte | $0 | $0 | $188,334 | $62,778 | $0 | $0 | $266,063 | $0 | $0 | |
Loan | 8 | Olympus Corporate Center | $0 | $3,450,000 | $32,968 | $32,968 | $0 | $0 | $0 | $108,131 | $0 | |
Loan | 9 | The District - Airpark | $18,436 | $442,472 | $23,609 | $23,609 | $0 | $0 | $0 | $326,460 | $0 | |
Loan | 10 | Allied Plaza | $12,004 | $435,000 | $15,298 | $15,298 | $47,938 | $5,992 | $0 | $0 | $0 | |
Loan | 6 | 11 | Central Canal Company Industrial Portfolio | $0 | $200,000 | $154,279 | $25,713 | $5,333 | $1,152 | $0 | $0 | $0 |
Property | 11.01 | Venture & Forsyth | ||||||||||
Property | 11.02 | Carter I & II | ||||||||||
Property | 11.03 | Northstar Business Park | ||||||||||
Property | 11.04 | Michigan I & II | ||||||||||
Property | 11.05 | Taft Vineland | ||||||||||
Property | 11.06 | Lyman Road | ||||||||||
Loan | 5, 6, 8, 12, 18, 19 | 12 | Signature Office Portfolio | $48,948 | $0 | $411,382 | $102,846 | $65,149 | $13,030 | $95,675 | $673,330 | $0 |
Property | 12.01 | Hauppauge Office Park | ||||||||||
Property | 12.02 | 20 Commerce | ||||||||||
Loan | 20 | 13 | 12510 & 12600 Cardinal Meadow | $4,554 | $0 | $105,421 | $35,140 | $68,936 | $13,788 | $0 | $0 | $0 |
Loan | 8 | 14 | Sunrise Corporate Plaza I | $8,942 | $323,241 | $213,321 | $35,553 | $0 | $0 | $0 | $0 | $0 |
Loan | 15 | Colonnades West | $11,340 | $1,180,410 | $33,705 | $16,853 | $0 | $0 | $50,938 | $875,178 | $0 | |
Loan | 16 | LA Creative Industrial Portfolio | $4,210 | $250,000 | $15,998 | $15,998 | $9,126 | $4,563 | $89,645 | $500,000 | $0 | |
Loan | 17 | Frankfort Crossing | $0 | $306,000 | $247,347 | $27,483 | $1,538 | $1,538 | $316,584 | $23,649 | $0 | |
Loan | 6, 9 | 18 | East Boston Multifamily Portfolio 1 | $0 | $0 | $12,891 | $12,891 | $36,883 | $4,976 | $26,250 | $250,000 | $0 |
Property | 18.01 | 298-300 Meridian Street | ||||||||||
Property | 18.02 | 151-153 Meridian Street | ||||||||||
Property | 18.03 | 108-110 Meridian Street | ||||||||||
Property | 18.04 | 144-146 Chester Avenue | ||||||||||
Property | 18.05 | 236 Princeton Street | ||||||||||
Property | 18.06 | 346 Chelsea Street | ||||||||||
Property | 18.07 | 151 Saratoga Street | ||||||||||
Property | 18.08 | 17 Morris Street | ||||||||||
Property | 18.09 | 8 Curtis Street | ||||||||||
Property | 18.10 | 329 Paris Street | ||||||||||
Property | 18.11 | 187 Maverick Street | ||||||||||
Property | 18.12 | 62 Chelsea Street | ||||||||||
Property | 18.13 | 26 Decatur Street | ||||||||||
Property | 18.14 | 133 Eutaw Street | ||||||||||
Loan | 6 | 19 | Jones Estates Portfolio | $0 | $0 | $24,430 | $5,954 | $2,721 | $907 | $90,250 | $385,848 | $0 |
Property | 19.01 | Massengills MHC | ||||||||||
Property | 19.02 | Brookhaven MHC |
A-1-19
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Monthly TI/LC Reserves | TI/LC Reserve Cap | Upfront Tax Reserves | Monthly Tax Reserves | Upfront Insurance Reserves | Monthly Insurance Reserves | Upfront Deferred Maint. Reserve | Initial Other Reserves | Ongoing Other Reserves |
Property | 19.03 | Leisure Park MHC | ||||||||||
Property | 19.04 | Twin Branch MHC | ||||||||||
Property | 19.05 | Hannibal MHC | ||||||||||
Property | 19.06 | Whispering Pines | ||||||||||
Property | 19.07 | Avalon MHC | ||||||||||
Loan | 6, 7 | 20 | Archer Portfolio | $6,248 | $224,933 | $14,674 | $14,674 | $5,520 | $2,760 | $1,625 | $230,135 | $0 |
Property | 20.01 | Crown Point Center | ||||||||||
Property | 20.02 | Spanish Village | ||||||||||
Property | 20.03 | Bouquet Canyon | ||||||||||
Loan | 21 | 21 | 6851 River Road | $0 | $0 | $19,292 | $19,292 | $34,108 | $4,264 | $43,219 | $1,311,187 | $0 |
Loan | 5 | 22 | Appletree Business Park | $15,864 | $1,000,000 | $689,371 | $82,789 | $0 | $0 | $0 | $3,369,673 | $0 |
Loan | 23 | 179 East 116th Street | $2,859 | $0 | $109,296 | $27,324 | $15,826 | $1,217 | $0 | $0 | $0 | |
Loan | 9, 22, 23 | 24 | 25-22 30th Drive | $0 | $0 | $30,895 | $7,724 | $15,270 | $1,862 | $0 | $1,531,887 | $0 |
Loan | 25 | The Villas at Willow Run | $0 | $0 | $113,854 | $12,202 | $2,136 | $2,136 | $0 | $0 | $0 | |
Loan | 26 | Pillars at HBU | $3,301 | $118,845 | $67,375 | $16,844 | $11,692 | $2,338 | $0 | $436,000 | $0 | |
Loan | 6, 7 | 27 | Indy Multifamily | $743 | $27,000 | $151,816 | $30,363 | $7,446 | $3,723 | $0 | $150,000 | $0 |
Property | 27.01 | The Delaware | ||||||||||
Property | 27.02 | 632 MLK Apartments | ||||||||||
Loan | 28 | 4500 Alexander Boulevard Northeast | $2,136 | $0 | $31,183 | $10,394 | $5,986 | $1,497 | $17,750 | $0 | $0 | |
Loan | 6, 7 | 29 | MC Office Portfolio | $0 | $150,000 | $107,246 | $19,578 | $0 | $0 | $65,688 | $403,742 | $2,553 |
Property | 29.01 | 43630 Hayes Road | ||||||||||
Property | 29.02 | 15950 East 12 Mile Road | ||||||||||
Property | 29.03 | 43740 North Groesbeck Highway | ||||||||||
Property | 29.04 | 30117 Schoenherr Road | ||||||||||
Property | 29.05 | 30300 Hoover Road | ||||||||||
Loan | 30 | Durango Commons | $4,085 | $245,100 | $4,669 | $4,981 | $3,337 | $1,668 | $0 | $179,988 | $0 | |
Loan | 31 | Savannah Industrial | $3,555 | $142,200 | $72,683 | $12,523 | $0 | $0 | $5,625 | $0 | $0 | |
Loan | 32 | Route 1 Self Storage | $0 | $0 | $78,582 | $8,731 | $0 | $0 | $0 | $0 | $0 | |
Loan | 24 | 33 | 486 East 28th Street | $0 | $0 | $28,577 | $14,289 | $4,392 | $1,098 | $0 | $165,654 | $0 |
Loan | 34 | Riverwood Research Center | $5,417 | $215,000 | $68,241 | $11,978 | $3,004 | $1,001 | $28,800 | $0 | $0 | |
Loan | 35 | Menifee Range Self Storage and RV | $0 | $0 | $3,042 | $3,042 | $2,788 | $929 | $0 | $0 | $0 | |
Loan | 36 | Dollar Self Storage #10 - Apache Junction | $0 | $0 | $0 | $6,660 | $6,134 | $511 | $0 | $0 | $0 | |
Loan | 6 | 37 | StorWise SS Portfolio - Tahoe | $0 | $0 | $707 | $2,374 | $12,596 | $1,532 | $50,375 | $0 | $0 |
Property | 37.01 | StorWise Kingsbury | ||||||||||
Property | 37.02 | StorWise Tahoe | ||||||||||
Loan | 38 | Marshall Avenue Industrial Park | $4,108 | $147,888 | $26,500 | $8,833 | $0 | $0 | $0 | $37,502 | $18,751 | |
Loan | 25 | 39 | Montgomery Self Storage | $0 | $0 | $25,808 | $6,452 | $20,491 | $1,863 | $0 | $400,000 | $0 |
Loan | 40 | Store Safe Baton Rouge | $0 | $0 | $14,918 | $2,486 | $6,867 | $2,289 | $0 | $0 | $0 | |
Loan | 26 | 41 | Desert’s Edge RV Park | $0 | $0 | $5,360 | $2,680 | $88 | $88 | $0 | $0 | $0 |
Loan | 42 | Friar’s Branch Crossing | $5,000 | $250,000 | $42,310 | $10,578 | $0 | $0 | $37,938 | $7,620 | $0 | |
Loan | 43 | Lantern Building | $8,333 | From and after the Monthly Payment Date in May, 2023, so long as no Event of Default has occurred and is continuing, Borrower shall only be required to make such deposits into the Rollover Account on any Monthly Payment Date to the extent the amount of Rollover Funds then on deposit is less than $350,000 | $33,826 | $8,457 | $11,431 | $3,810 | $0 | $184,572 | $0 | |
Loan | 44 | A&S Apartments | $0 | $0 | $117,938 | $23,588 | $0 | $0 | $37,500 | $0 | $0 | |
Loan | 6 | 45 | CVS Portfolio | $0 | $0 | $0 | $0 | $622 | $207 | $0 | $0 | $0 |
Property | 45.01 | CVS Fort Wayne | ||||||||||
Property | 45.02 | CVS Garden City | ||||||||||
Loan | 46 | Hollywood 95 Office Center | $3,333 | $120,000 | $51,819 | $8,637 | $0 | $0 | $27,386 | $0 | $0 | |
Loan | 5 | 47 | McCarthy Ranch | $16,625 | $1,000,000 | $47,794 | $47,794 | $69,027 | $5,310 | $0 | $4,083,976 | $0 |
Loan | 48 | Whitehall Apartments | $0 | $0 | $123,067 | $24,613 | $0 | $0 | $0 | $0 | $0 | |
Loan | 49 | Baychester Shopping Center | $0 | $0 | $149,506 | $24,918 | $8,603 | $0 | $25,530 | $0 | $0 | |
Loan | 50 | Inverness Dental and Medical Plaza | $1,668 | $60,057 | $23,834 | $3,405 | $0 | $0 | $0 | $0 | $0 | |
Loan | 51 | CubeSmart Winston-Salem | $0 | $0 | $16,572 | $4,143 | $6,923 | $989 | $0 | $0 | $0 | |
Loan | 52 | 2015-2021 West Race Avenue | $0 | $0 | $6,535 | $2,178 | $2,491 | $830 | $0 | $122,772 | $0 | |
Loan | 53 | Comfort Inn & Suites Southport | $0 | $0 | $21,906 | $1,825 | $0 | $0 | $0 | $50,000 | $6,250 | |
Loan | 27 | 54 | 1101 California Avenue | $0 | $120,000 (upon debt yield achieving 9.5%, $100,000) | $13,723 | $6,862 | $6,226 | $623 | $0 | $100,000 | $0 |
Loan | 55 | E&B Apartments | $0 | $0 | $63,062 | $12,612 | $0 | $0 | $0 | $0 | $0 | |
Loan | 56 | Cedar Lofts Apartments | $0 | $0 | $12,162 | $4,054 | $0 | $0 | $0 | $87,535 | $0 | |
Loan | 6 | 57 | Keepsake Storage Portfolio | $0 | $0 | $7,287 | $1,457 | $4,334 | $2,167 | $23,020 | $0 | $0 |
Property | 57.01 | Commonwealth Storage | ||||||||||
Property | 57.02 | Keepsake Storage | ||||||||||
Loan | 58 | Anchor Baker Storage | $0 | $0 | $15,628 | $2,605 | $13,354 | $1,484 | $0 | $0 | $0 | |
Loan | 8, 28 | 59 | 571 Hudson Coop | $0 | $0 | $22,927 | $22,927 | $30,557 | $1,389 | $0 | $0 | $0 |
Loan | 60 | 1425 Bruckner Fee | $0 | $0 | $0 | $0 | $1,500 | $250 | $0 | $0 | $0 | |
Loan | 61 | Grand Avenue Storage | $0 | $0 | $1,914 | $1,914 | $0 | $0 | $0 | $0 | $0 | |
Loan | 62 | Anchor Mini Storage | $0 | $0 | $13,402 | $2,234 | $4,447 | $635 | $0 | $0 | $0 | |
Loan | 63 | Netana Apartments | $0 | $0 | $51,383 | $10,277 | $0 | $0 | $0 | $0 | $0 | |
Loan | 64 | Windy Acres MHC | $0 | $0 | $8,751 | $5,041 | $2,539 | $1,269 | $0 | $29,454 | $0 | |
Loan | 6 | 65 | Maple Hills & Walnut Valley MHP | $0 | $0 | $2,031 | $1,016 | $8,442 | $649 | $53,750 | $0 | $0 |
Property | 65.01 | Maple Hills MHP | ||||||||||
Property | 65.02 | Walnut Valley MHP |
A-1-20
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Other Reserves Description | Appraisal Report Date | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | |
Loan | 6, 9, 10 | 1 | Extra Space Self Storage Portfolio | Earnout Reserve | 4/7/2021 | |||||
Property | 1.01 | Extra Space Brickell | 4/7/2021 | 3/11/2021 | N/A | 10/30/2020 | N/A | |||
Property | 1.02 | Extra Space Ocoee | 3/31/2021 | 3/11/2021 | N/A | 3/11/2021 | N/A | |||
Property | 1.03 | Extra Space West Doral | 4/7/2021 | 3/11/2021 | N/A | 10/30/2020 | N/A | |||
Property | 1.04 | Extra Space Coconut Grove | 4/7/2021 | 3/11/2021 | N/A | 10/30/2020 | N/A | |||
Property | 1.05 | Extra Space Alpharetta | 4/7/2021 | 3/11/2021 | N/A | 3/11/2021 | N/A | |||
Property | 1.06 | Extra Space Fleming Island | 3/31/2021 | 3/11/2021 | N/A | 10/30/2020 | N/A | |||
Property | 1.07 | Extra Space Marietta | 4/7/2021 | 3/11/2021 | N/A | 3/11/2021 | N/A | |||
Loan | 11, 12 | 2 | 215 Coles Street | N/A | 4/12/2021 | 3/15/2021 | N/A | 3/17/2021 | N/A | |
Loan | 6, 7, 9 | 3 | Ahold Portfolio | N/A | 2/11/2021 | |||||
Property | 3.01 | Stop & Shop - South Yarmouth | 2/24/2021 | 12/16/2020 | N/A | 12/14/2020 | N/A | |||
Property | 3.02 | Stop & Shop - Peabody | 2/24/2021 | 12/16/2020 | N/A | 12/14/2020 | N/A | |||
Property | 3.03 | Stop & Shop - Arlington | 2/23/2021 | 12/18/2020 | N/A | 12/14/2020 | N/A | |||
Property | 3.04 | Stop & Shop - Lexington | 2/24/2021 | 12/18/2020 | N/A | 12/14/2020 | N/A | |||
Loan | 6, 9 | 4 | NOLA Logistics Portfolio | Existing TI/LC Reserve ($277,215); Rent Concessions Reserve ($77,983) | 3/17/2021 | |||||
Property | 4.01 | 115 Canvasback Drive | N/A | 3/11/2021 | N/A | 3/22/2021 | N/A | |||
Property | 4.02 | 150 Teal Street | N/A | 3/10/2021 | N/A | 3/22/2021 | N/A | |||
Property | 4.03 | 120 Mallard Street | N/A | 3/9/2021 | N/A | 3/22/2021 | N/A | |||
Property | 4.04 | 110 Widgeon Drive | N/A | 3/11/2021 | N/A | 3/22/2021 | N/A | |||
Property | 4.05 | 150 James Drive East | N/A | 3/10/2021 | N/A | 3/22/2021 | N/A | |||
Property | 4.06 | 161 James Drive West | N/A | 3/10/2021 | N/A | 3/22/2021 | N/A | |||
Property | 4.07 | 100 James Drive | N/A | 3/9/2021 | N/A | 3/22/2021 | N/A | |||
Property | 4.08 | 150 Canvasback Drive | N/A | 3/10/2021 | N/A | 3/22/2021 | N/A | |||
Property | 4.09 | 125 James Drive West | N/A | 3/10/2021 | N/A | 3/22/2021 | N/A | |||
Property | 4.10 | 190 James Drive East | N/A | 3/11/2021 | N/A | 3/22/2021 | N/A | |||
Property | 4.11 | 160 James Drive East | N/A | 3/10/2021 | N/A | 3/22/2021 | N/A | |||
Property | 4.12 | 107 Mallard Street | N/A | 3/10/2021 | N/A | 3/22/2021 | N/A | |||
Property | 4.13 | 125 Mallard Street | N/A | 3/10/2021 | N/A | 3/22/2021 | N/A | |||
Property | 4.14 | 143 Mallard Street | N/A | 3/10/2021 | N/A | 3/22/2021 | N/A | |||
Property | 4.15 | 115 James Drive West | N/A | 3/10/2021 | N/A | 3/22/2021 | N/A | |||
Loan | 5, 6, 7, 8, 13, 14, 15, 16 | 5 | MGM Grand & Mandalay Bay | N/A | ||||||
Property | 5.01 | MGM Grand | 2/11/2020 | 2/11/2020 | N/A | 2/11/2020 | N/A | |||
Property | 5.02 | Mandalay Bay | 2/12/2020 | 2/11/2020 | N/A | 2/11/2020 | N/A | |||
Loan | 17 | 6 | Lullwater at Blair Stone | Debt Service Reserve | 3/2/2021 | 11/23/2020 | N/A | 11/19/2020 | N/A | |
Loan | 7 | Woods on LaMonte | N/A | 2/12/2021 | 1/29/2021 | N/A | 1/29/2021 | N/A | ||
Loan | 8 | Olympus Corporate Center | Unfunded Obligations Reserve | 3/15/2021 | 2/25/2021 | N/A | 3/22/2021 | 2/25/2021 | ||
Loan | 9 | The District - Airpark | AmeriFirst Financial Lease Reserve ($142,768); AmeriFirst Financial Existing TI Reserve ($82,675); Fig & Birch Interiors Existing TI Reserve ($70,332); AmeriFirst Financial Existing LC Reserve ($30,685) | 2/4/2021 | 1/29/2021 | N/A | 1/29/2021 | N/A | ||
Loan | 10 | Allied Plaza | N/A | 3/24/2021 | 3/16/2021 | N/A | 3/16/2021 | 3/16/2021 | ||
Loan | 6 | 11 | Central Canal Company Industrial Portfolio | N/A | ||||||
Property | 11.01 | Venture & Forsyth | 4/13/2021 | 3/9/2021 | N/A | 3/9/2021 | N/A | |||
Property | 11.02 | Carter I & II | 4/13/2021 | 3/9/2021 | N/A | 3/8/2021 | N/A | |||
Property | 11.03 | Northstar Business Park | 4/13/2021 | 3/9/2021 | N/A | 3/8/2021 | N/A | |||
Property | 11.04 | Michigan I & II | 4/13/2021 | 3/5/2021 | N/A | 3/9/2021 | N/A | |||
Property | 11.05 | Taft Vineland | 4/13/2021 | 3/9/2021 | N/A | 3/8/2021 | N/A | |||
Property | 11.06 | Lyman Road | 4/13/2021 | 3/5/2021 | N/A | 3/8/2021 | N/A | |||
Loan | 5, 6, 8, 12, 18, 19 | 12 | Signature Office Portfolio | Unfunded Obligations Reserve (Upfront: $619,885); COVID Reserve (Upfront: $53,445) | ||||||
Property | 12.01 | Hauppauge Office Park | 7/20/2020 | 7/17/2020 | N/A | 7/17/2020 | N/A | |||
Property | 12.02 | 20 Commerce | 7/28/2020 | 7/17/2020 | N/A | 7/17/2020 | N/A | |||
Loan | 20 | 13 | 12510 & 12600 Cardinal Meadow | N/A | 1/4/2021 | 12/16/2020 | N/A | 12/15/2020 | N/A | |
Loan | 8 | 14 | Sunrise Corporate Plaza I | N/A | 3/23/2021 | 3/9/2021 | N/A | 3/9/2021 | N/A | |
Loan | 15 | Colonnades West | Capital Improvements Reserve | 12/20/2019 | 11/7/2019 | N/A | 11/7/2019 | N/A | ||
Loan | 16 | LA Creative Industrial Portfolio | COVID Reserve | 2/16/2021 | 12/1/2020 | N/A | 12/8/2020 | 12/7/2020 | ||
Loan | 17 | Frankfort Crossing | Taqueria Mammy Chayo Free Rent Reserve ($13,312); Buford’s Barbecue and Bourbon Free Rent Reserve ($7,592); Salina’s Pizza Free Rent Reserve ($2,745) | 2/25/2021 | 12/23/2020 | N/A | 12/23/2020 | N/A | ||
Loan | 6, 9 | 18 | East Boston Multifamily Portfolio 1 | Debt Service Reserve | 3/3/2021 | |||||
Property | 18.01 | 298-300 Meridian Street | 3/3/2021 | 2/16/2021 | N/A | 2/16/2021 | N/A | |||
Property | 18.02 | 151-153 Meridian Street | 3/3/2021 | 2/16/2021 | N/A | 2/16/2021 | N/A | |||
Property | 18.03 | 108-110 Meridian Street | 3/3/2021 | 2/16/2021 | N/A | 2/16/2021 | N/A | |||
Property | 18.04 | 144-146 Chester Avenue | 3/3/2021 | 2/16/2021 | N/A | 2/16/2021 | N/A | |||
Property | 18.05 | 236 Princeton Street | 3/3/2021 | 2/16/2021 | N/A | 2/16/2021 | N/A | |||
Property | 18.06 | 346 Chelsea Street | 3/3/2021 | 2/16/2021 | N/A | 2/16/2021 | N/A | |||
Property | 18.07 | 151 Saratoga Street | 3/3/2021 | 2/16/2021 | N/A | 2/16/2021 | N/A | |||
Property | 18.08 | 17 Morris Street | 3/3/2021 | 2/16/2021 | N/A | 2/16/2021 | N/A | |||
Property | 18.09 | 8 Curtis Street | 3/3/2021 | 2/16/2021 | N/A | 2/16/2021 | N/A | |||
Property | 18.10 | 329 Paris Street | 3/3/2021 | 2/16/2021 | N/A | 2/16/2021 | N/A | |||
Property | 18.11 | 187 Maverick Street | 3/3/2021 | 2/16/2021 | N/A | 2/16/2021 | N/A | |||
Property | 18.12 | 62 Chelsea Street | 3/3/2021 | 2/16/2021 | N/A | 2/16/2021 | N/A | |||
Property | 18.13 | 26 Decatur Street | 3/3/2021 | 2/16/2021 | N/A | 2/16/2021 | N/A | |||
Property | 18.14 | 133 Eutaw Street | 3/3/2021 | 2/16/2021 | N/A | 2/16/2021 | N/A | |||
Loan | 6 | 19 | Jones Estates Portfolio | Debt Service Reserve | ||||||
Property | 19.01 | Massengills MHC | 3/10/2021 | 2/24/2021 | N/A | 2/24/2021 | N/A | |||
Property | 19.02 | Brookhaven MHC | 3/9/2021 | 2/24/2021 | N/A | 2/24/2021 | N/A |
A-1-21
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Other Reserves Description | Appraisal Report Date | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | |
Property | 19.03 | Leisure Park MHC | 3/17/2021 | 2/24/2021 | N/A | 2/24/2021 | N/A | |||
Property | 19.04 | Twin Branch MHC | 3/18/2021 | 2/24/2021 | N/A | 2/24/2021 | N/A | |||
Property | 19.05 | Hannibal MHC | 3/9/2021 | 2/24/2021 | N/A | 2/24/2021 | N/A | |||
Property | 19.06 | Whispering Pines | 3/5/2021 | 2/24/2021 | N/A | 2/24/2021 | N/A | |||
Property | 19.07 | Avalon MHC | 3/5/2021 | 2/24/2021 | N/A | 2/24/2021 | N/A | |||
Loan | 6, 7 | 20 | Archer Portfolio | Debt Service Reserve ($145,120.50); Unfunded Leasing Obligations Reserve ($78,022.64); Gap Rent Reserve ($6,992.17) | ||||||
Property | 20.01 | Crown Point Center | 2/19/2021 | 2/3/2021 | N/A | 2/3/2021 | N/A | |||
Property | 20.02 | Spanish Village | 2/16/2021 | 2/2/2021 | N/A | 2/3/2021 | N/A | |||
Property | 20.03 | Bouquet Canyon | 2/23/2021 | 2/3/2021 | N/A | 2/3/2021 | 2/3/2021 | |||
Loan | 21 | 21 | 6851 River Road | Tristate Funds | 3/19/2021 | 3/12/2021 | N/A | 3/15/2021 | N/A | |
Loan | 5 | 22 | Appletree Business Park | Debt Service Reserve ($1,753,873); Planned Renovations Reserve ($1,615,800) | 11/18/2020 | 11/16/2020 | N/A | 11/13/2020 | N/A | |
Loan | 23 | 179 East 116th Street | N/A | 3/23/2021 | 3/10/2021 | N/A | 3/10/2021 | N/A | ||
Loan | 9, 22, 23 | 24 | 25-22 30th Drive | COVID Concession Reserve ($900,000); 421A Reserve ($500,000); Debt Service Reserve ($131,887) | 4/1/2021 | 2/10/2021 | N/A | 2/11/2021 | N/A | |
Loan | 25 | The Villas at Willow Run | N/A | 3/3/2021 | 2/25/2021 | N/A | 2/25/2021 | N/A | ||
Loan | 26 | Pillars at HBU | Today’s Vision Reserve | 3/11/2021 | 1/25/2021 | N/A | 1/25/2021 | N/A | ||
Loan | 6, 7 | 27 | Indy Multifamily | Debt Service Reserve | ||||||
Property | 27.01 | The Delaware | 2/10/2021 | 1/29/2021 | N/A | 1/29/2021 | N/A | |||
Property | 27.02 | 632 MLK Apartments | 2/10/2021 | 1/29/2021 | N/A | 1/29/2021 | N/A | |||
Loan | 28 | 4500 Alexander Boulevard Northeast | N/A | 3/8/2021 | 3/8/2021 | N/A | 1/4/2021 | N/A | ||
Loan | 6, 7 | 29 | MC Office Portfolio | Outstanding TI/LC Reserve (Upfront: $303,742); Roof Reserve (Upfront: $100,000, Monthly: $2,553) | ||||||
Property | 29.01 | 43630 Hayes Road | 3/1/2021 | 2/2/2021 | N/A | 2/2/2021 | N/A | |||
Property | 29.02 | 15950 East 12 Mile Road | 3/1/2021 | 2/2/2021 | N/A | 2/2/2021 | N/A | |||
Property | 29.03 | 43740 North Groesbeck Highway | 3/1/2021 | 2/2/2021 | N/A | 2/2/2021 | N/A | |||
Property | 29.04 | 30117 Schoenherr Road | 3/1/2021 | 2/2/2021 | N/A | 2/2/2021 | N/A | |||
Property | 29.05 | 30300 Hoover Road | 3/1/2021 | 2/2/2021 | N/A | 2/2/2021 | N/A | |||
Loan | 30 | Durango Commons | State Farm and Featherblade Initial TI/LC Reserve ($161,734); Rent Concession Reserve ($18,254) | 3/1/2021 | 2/23/2021 | N/A | 2/23/2021 | N/A | ||
Loan | 31 | Savannah Industrial | N/A | 3/17/2021 | 1/12/2021 | N/A | 1/12/2021 | N/A | ||
Loan | 32 | Route 1 Self Storage | N/A | 2/25/2021 | 1/22/2021 | N/A | 1/20/2021 | N/A | ||
Loan | 24 | 33 | 486 East 28th Street | Debt Service Reserve | 3/18/2021 | 3/9/2021 | N/A | 3/9/2021 | N/A | |
Loan | 34 | Riverwood Research Center | N/A | 2/23/2021 | 2/12/2021 | N/A | 2/11/2021 | N/A | ||
Loan | 35 | Menifee Range Self Storage and RV | N/A | 2/23/2021 | 1/25/2021 | N/A | 1/25/2021 | 1/25/2021 | ||
Loan | 36 | Dollar Self Storage #10 - Apache Junction | N/A | 2/3/2021 | 4/2/2020 | N/A | 4/2/2020 | N/A | ||
Loan | 6 | 37 | StorWise SS Portfolio - Tahoe | N/A | ||||||
Property | 37.01 | StorWise Kingsbury | 1/29/2021 | 1/19/2021 | N/A | 1/20/2021 | 1/19/2021 | |||
Property | 37.02 | StorWise Tahoe | 1/29/2021 | 1/19/2021 | N/A | 1/20/2021 | 1/19/2021 | |||
Loan | 38 | Marshall Avenue Industrial Park | Ground Lease Escrow | 3/18/2021 | 3/10/2021 | N/A | 3/16/2021 | 3/9/2021 | ||
Loan | 25 | 39 | Montgomery Self Storage | Performance Reserve | 2/26/2021 | 2/26/2021 | N/A | 2/25/2021 | N/A | |
Loan | 40 | Store Safe Baton Rouge | N/A | 1/25/2021 | 1/27/2021 | N/A | 1/26/2021 | N/A | ||
Loan | 26 | 41 | Desert’s Edge RV Park | N/A | 3/22/2021 | 2/22/2021 | N/A | 2/22/2021 | N/A | |
Loan | 42 | Friar’s Branch Crossing | Rent Concession Reserve | 3/26/2021 | 2/26/2021 | N/A | 4/2/2021 | N/A | ||
Loan | 43 | Lantern Building | Burk Royalty Reserve | 12/21/2020 | 12/18/2020 | N/A | 12/18/2020 | N/A | ||
Loan | 44 | A&S Apartments | N/A | 3/24/2021 | 10/27/2020 | N/A | 10/27/2020 | N/A | ||
Loan | 6 | 45 | CVS Portfolio | N/A | ||||||
Property | 45.01 | CVS Fort Wayne | 12/15/2020 | 3/8/2021 | N/A | 12/16/2020 | N/A | |||
Property | 45.02 | CVS Garden City | 12/15/2020 | 3/8/2021 | N/A | 12/16/2020 | N/A | |||
Loan | 46 | Hollywood 95 Office Center | N/A | 3/16/2021 | 3/2/2021 | N/A | 3/2/2021 | N/A | ||
Loan | 5 | 47 | McCarthy Ranch | PetSmart Reserve ($4,000,000); Bao Bao Reserve ($83,976) | 12/19/2019 | 12/17/2019 | N/A | 12/16/2019 | 12/16/2019 | |
Loan | 48 | Whitehall Apartments | N/A | 3/24/2021 | 3/18/2021 | N/A | 10/28/2020 | N/A | ||
Loan | 49 | Baychester Shopping Center | N/A | 3/5/2021 | 2/16/2021 | N/A | 2/16/2021 | N/A | ||
Loan | 50 | Inverness Dental and Medical Plaza | N/A | 3/7/2021 | 2/12/2021 | N/A | 2/12/2021 | N/A | ||
Loan | 51 | CubeSmart Winston-Salem | N/A | 2/5/2021 | 1/5/2021 | N/A | 1/5/2021 | N/A | ||
Loan | 52 | 2015-2021 West Race Avenue | P&I Reserve | 3/10/2021 | 3/25/2021 | N/A | 3/5/2021 | N/A | ||
Loan | 53 | Comfort Inn & Suites Southport | Seasonality Reserve (Upfront: $50,000, Monthly: $6,250); Required Future PIP Renovation Reserve (Monthly: Springing) | 6/17/2019 | 6/12/2019 | N/A | 6/14/2019 | N/A | ||
Loan | 27 | 54 | 1101 California Avenue | Economic Holdback Reserve | 3/10/2021 | 3/10/2021 | N/A | 3/10/2021 | 3/10/2021 | |
Loan | 55 | E&B Apartments | N/A | 3/24/2021 | 10/27/2020 | N/A | 10/28/2020 | N/A | ||
Loan | 56 | Cedar Lofts Apartments | Shortfall Reserve | 2/22/2021 | 2/3/2021 | N/A | 2/4/2021 | N/A | ||
Loan | 6 | 57 | Keepsake Storage Portfolio | N/A | ||||||
Property | 57.01 | Commonwealth Storage | 3/17/2021 | 3/4/2021 and 3/8/2021 | N/A | 3/4/2021 | N/A | |||
Property | 57.02 | Keepsake Storage | 3/17/2021 | 3/4/2021 | N/A | 3/4/2021 | N/A | |||
Loan | 58 | Anchor Baker Storage | N/A | 3/19/2021 | 3/5/2021 | N/A | 3/5/2021 | N/A | ||
Loan | 8, 28 | 59 | 571 Hudson Coop | N/A | 2/24/2021 | 2/11/2021 | N/A | 2/11/2021 | N/A | |
Loan | 60 | 1425 Bruckner Fee | N/A | 4/13/2021 | 3/9/2021 | N/A | 3/9/2021 | N/A | ||
Loan | 61 | Grand Avenue Storage | N/A | 3/8/2021 | 3/9/2021 | N/A | 3/9/2021 | 3/9/2021 | ||
Loan | 62 | Anchor Mini Storage | N/A | 3/19/2021 | 3/5/2021 | N/A | 3/5/2021 | N/A | ||
Loan | 63 | Netana Apartments | N/A | 3/24/2021 | 10/27/2020 | N/A | 10/28/2020 | N/A | ||
Loan | 64 | Windy Acres MHC | Environmental Reserve | 3/26/2021 | 1/19/2021 | 3/25/2021 | 3/22/2021 | N/A | ||
Loan | 6 | 65 | Maple Hills & Walnut Valley MHP | N/A | ||||||
Property | 65.01 | Maple Hills MHP | 3/25/2021 | 3/17/2021 | N/A | 3/17/2021 | N/A | |||
Property | 65.02 | Walnut Valley MHP | 3/25/2021 | 3/18/2021 | N/A | 3/18/2021 | N/A |
A-1-22
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Seismic Zone (Y/N) | PML % | Cut-off Date Pari Passu Mortgage Debt Balance | Coop - Committed Secondary Debt | Cut-off Date Subord. Mortgage Debt Balance | Total Mortgage Debt Cut-off Date LTV Ratio | Total Mortgage Debt UW NCF DSCR | Total Mortgage Debt UW NOI Debt Yield | Cut-off Date Mezzanine Debt Balance | Total Debt Cut-off Date LTV Ratio | Total Debt UW NCF DSCR | Total Debt UW NOI Debt Yield | Coop - Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Coop Units | Coop - Sponsor/ Investor Carry | |||
Loan | 6, 9, 10 | 1 | Extra Space Self Storage Portfolio | ||||||||||||||||||||||
Property | 1.01 | Extra Space Brickell | No | N/A | |||||||||||||||||||||
Property | 1.02 | Extra Space Ocoee | No | N/A | |||||||||||||||||||||
Property | 1.03 | Extra Space West Doral | No | N/A | |||||||||||||||||||||
Property | 1.04 | Extra Space Coconut Grove | No | N/A | |||||||||||||||||||||
Property | 1.05 | Extra Space Alpharetta | No | N/A | |||||||||||||||||||||
Property | 1.06 | Extra Space Fleming Island | No | N/A | |||||||||||||||||||||
Property | 1.07 | Extra Space Marietta | No | N/A | |||||||||||||||||||||
Loan | 11, 12 | 2 | 215 Coles Street | No | N/A | ||||||||||||||||||||
Loan | 6, 7, 9 | 3 | Ahold Portfolio | ||||||||||||||||||||||
Property | 3.01 | Stop & Shop - South Yarmouth | No | N/A | |||||||||||||||||||||
Property | 3.02 | Stop & Shop - Peabody | No | N/A | |||||||||||||||||||||
Property | 3.03 | Stop & Shop - Arlington | No | N/A | |||||||||||||||||||||
Property | 3.04 | Stop & Shop - Lexington | No | N/A | |||||||||||||||||||||
Loan | 6, 9 | 4 | NOLA Logistics Portfolio | ||||||||||||||||||||||
Property | 4.01 | 115 Canvasback Drive | No | N/A | |||||||||||||||||||||
Property | 4.02 | 150 Teal Street | No | N/A | |||||||||||||||||||||
Property | 4.03 | 120 Mallard Street | No | N/A | |||||||||||||||||||||
Property | 4.04 | 110 Widgeon Drive | No | N/A | |||||||||||||||||||||
Property | 4.05 | 150 James Drive East | No | N/A | |||||||||||||||||||||
Property | 4.06 | 161 James Drive West | No | N/A | |||||||||||||||||||||
Property | 4.07 | 100 James Drive | No | N/A | |||||||||||||||||||||
Property | 4.08 | 150 Canvasback Drive | No | N/A | |||||||||||||||||||||
Property | 4.09 | 125 James Drive West | No | N/A | |||||||||||||||||||||
Property | 4.10 | 190 James Drive East | No | N/A | |||||||||||||||||||||
Property | 4.11 | 160 James Drive East | No | N/A | |||||||||||||||||||||
Property | 4.12 | 107 Mallard Street | No | N/A | |||||||||||||||||||||
Property | 4.13 | 125 Mallard Street | No | N/A | |||||||||||||||||||||
Property | 4.14 | 143 Mallard Street | No | N/A | |||||||||||||||||||||
Property | 4.15 | 115 James Drive West | No | N/A | |||||||||||||||||||||
Loan | 5, 6, 7, 8, 13, 14, 15, 16 | 5 | MGM Grand & Mandalay Bay | $1,597,853,000 | $1,365,800,000 | 65.2% | 2.70x | 9.7% | |||||||||||||||||
Property | 5.01 | MGM Grand | No | N/A | |||||||||||||||||||||
Property | 5.02 | Mandalay Bay | No | N/A | |||||||||||||||||||||
Loan | 17 | 6 | Lullwater at Blair Stone | No | N/A | ||||||||||||||||||||
Loan | 7 | Woods on LaMonte | No | N/A | |||||||||||||||||||||
Loan | 8 | Olympus Corporate Center | Yes - 3 | 6.0% | |||||||||||||||||||||
Loan | 9 | The District - Airpark | No | N/A | |||||||||||||||||||||
Loan | 10 | Allied Plaza | Yes - 4 | 9.0% | |||||||||||||||||||||
Loan | 6 | 11 | Central Canal Company Industrial Portfolio | ||||||||||||||||||||||
Property | 11.01 | Venture & Forsyth | No | N/A | |||||||||||||||||||||
Property | 11.02 | Carter I & II | No | N/A | |||||||||||||||||||||
Property | 11.03 | Northstar Business Park | No | N/A | |||||||||||||||||||||
Property | 11.04 | Michigan I & II | No | N/A | |||||||||||||||||||||
Property | 11.05 | Taft Vineland | No | N/A | |||||||||||||||||||||
Property | 11.06 | Lyman Road | No | N/A | |||||||||||||||||||||
Loan | 5, 6, 8, 12, 18, 19 | 12 | Signature Office Portfolio | $70,000,000 | 69.0% | 1.50x | 9.2% | ||||||||||||||||||
Property | 12.01 | Hauppauge Office Park | No | N/A | |||||||||||||||||||||
Property | 12.02 | 20 Commerce | No | N/A | |||||||||||||||||||||
Loan | 20 | 13 | 12510 & 12600 Cardinal Meadow | No | N/A | ||||||||||||||||||||
Loan | 8 | 14 | Sunrise Corporate Plaza I | No | N/A | ||||||||||||||||||||
Loan | 15 | Colonnades West | No | N/A | |||||||||||||||||||||
Loan | 16 | LA Creative Industrial Portfolio | Yes - 4 | 18.0% | |||||||||||||||||||||
Loan | 17 | Frankfort Crossing | No | N/A | |||||||||||||||||||||
Loan | 6, 9 | 18 | East Boston Multifamily Portfolio 1 | ||||||||||||||||||||||
Property | 18.01 | 298-300 Meridian Street | No | N/A | |||||||||||||||||||||
Property | 18.02 | 151-153 Meridian Street | No | N/A | |||||||||||||||||||||
Property | 18.03 | 108-110 Meridian Street | No | N/A | |||||||||||||||||||||
Property | 18.04 | 144-146 Chester Avenue | No | N/A | |||||||||||||||||||||
Property | 18.05 | 236 Princeton Street | No | N/A | |||||||||||||||||||||
Property | 18.06 | 346 Chelsea Street | No | N/A | |||||||||||||||||||||
Property | 18.07 | 151 Saratoga Street | No | N/A | |||||||||||||||||||||
Property | 18.08 | 17 Morris Street | No | N/A | |||||||||||||||||||||
Property | 18.09 | 8 Curtis Street | No | N/A | |||||||||||||||||||||
Property | 18.10 | 329 Paris Street | No | N/A | |||||||||||||||||||||
Property | 18.11 | 187 Maverick Street | No | N/A | |||||||||||||||||||||
Property | 18.12 | 62 Chelsea Street | No | N/A | |||||||||||||||||||||
Property | 18.13 | 26 Decatur Street | No | N/A | |||||||||||||||||||||
Property | 18.14 | 133 Eutaw Street | No | N/A | |||||||||||||||||||||
Loan | 6 | 19 | Jones Estates Portfolio | ||||||||||||||||||||||
Property | 19.01 | Massengills MHC | No | N/A | |||||||||||||||||||||
Property | 19.02 | Brookhaven MHC | No | N/A |
A-1-23
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Seismic Zone (Y/N) | PML % | Cut-off Date Pari Passu Mortgage Debt Balance | Coop - Committed Secondary Debt | Cut-off Date Subord. Mortgage Debt Balance | Total Mortgage Debt Cut-off Date LTV Ratio | Total Mortgage Debt UW NCF DSCR | Total Mortgage Debt UW NOI Debt Yield | Cut-off Date Mezzanine Debt Balance | Total Debt Cut-off Date LTV Ratio | Total Debt UW NCF DSCR | Total Debt UW NOI Debt Yield | Coop - Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Coop Units | Coop - Sponsor/ Investor Carry | |||
Property | 19.03 | Leisure Park MHC | No | N/A | |||||||||||||||||||||
Property | 19.04 | Twin Branch MHC | No | N/A | |||||||||||||||||||||
Property | 19.05 | Hannibal MHC | No | N/A | |||||||||||||||||||||
Property | 19.06 | Whispering Pines | No | N/A | |||||||||||||||||||||
Property | 19.07 | Avalon MHC | No | N/A | |||||||||||||||||||||
Loan | 6, 7 | 20 | Archer Portfolio | ||||||||||||||||||||||
Property | 20.01 | Crown Point Center | No | N/A | |||||||||||||||||||||
Property | 20.02 | Spanish Village | No | N/A | |||||||||||||||||||||
Property | 20.03 | Bouquet Canyon | Yes - 4 | 9.0% | |||||||||||||||||||||
Loan | 21 | 21 | 6851 River Road | No | N/A | ||||||||||||||||||||
Loan | 5 | 22 | Appletree Business Park | No | N/A | $37,500,000 | 56.9% | 1.92x | 11.4% | ||||||||||||||||
Loan | 23 | 179 East 116th Street | No | N/A | |||||||||||||||||||||
Loan | 9, 22, 23 | 24 | 25-22 30th Drive | No | N/A | ||||||||||||||||||||
Loan | 25 | The Villas at Willow Run | No | N/A | |||||||||||||||||||||
Loan | 26 | Pillars at HBU | No | N/A | |||||||||||||||||||||
Loan | 6, 7 | 27 | Indy Multifamily | ||||||||||||||||||||||
Property | 27.01 | The Delaware | No | N/A | |||||||||||||||||||||
Property | 27.02 | 632 MLK Apartments | No | N/A | |||||||||||||||||||||
Loan | 28 | 4500 Alexander Boulevard Northeast | No | N/A | |||||||||||||||||||||
Loan | 6, 7 | 29 | MC Office Portfolio | ||||||||||||||||||||||
Property | 29.01 | 43630 Hayes Road | No | N/A | |||||||||||||||||||||
Property | 29.02 | 15950 East 12 Mile Road | No | N/A | |||||||||||||||||||||
Property | 29.03 | 43740 North Groesbeck Highway | No | N/A | |||||||||||||||||||||
Property | 29.04 | 30117 Schoenherr Road | No | N/A | |||||||||||||||||||||
Property | 29.05 | 30300 Hoover Road | No | N/A | |||||||||||||||||||||
Loan | 30 | Durango Commons | No | N/A | |||||||||||||||||||||
Loan | 31 | Savannah Industrial | No | N/A | |||||||||||||||||||||
Loan | 32 | Route 1 Self Storage | No | N/A | |||||||||||||||||||||
Loan | 24 | 33 | 486 East 28th Street | No | N/A | ||||||||||||||||||||
Loan | 34 | Riverwood Research Center | No | N/A | |||||||||||||||||||||
Loan | 35 | Menifee Range Self Storage and RV | Yes - 4 | 9.0% | |||||||||||||||||||||
Loan | 36 | Dollar Self Storage #10 - Apache Junction | No | N/A | |||||||||||||||||||||
Loan | 6 | 37 | StorWise SS Portfolio - Tahoe | ||||||||||||||||||||||
Property | 37.01 | StorWise Kingsbury | Yes - 4 | 15.0% | |||||||||||||||||||||
Property | 37.02 | StorWise Tahoe | Yes - 3 | 9.0% | |||||||||||||||||||||
Loan | 38 | Marshall Avenue Industrial Park | Yes - 4 | 8.0% | |||||||||||||||||||||
Loan | 25 | 39 | Montgomery Self Storage | No | N/A | ||||||||||||||||||||
Loan | 40 | Store Safe Baton Rouge | No | N/A | |||||||||||||||||||||
Loan | 26 | 41 | Desert’s Edge RV Park | No | N/A | ||||||||||||||||||||
Loan | 42 | Friar’s Branch Crossing | No | N/A | |||||||||||||||||||||
Loan | 43 | Lantern Building | No | N/A | |||||||||||||||||||||
Loan | 44 | A&S Apartments | No | N/A | |||||||||||||||||||||
Loan | 6 | 45 | CVS Portfolio | ||||||||||||||||||||||
Property | 45.01 | CVS Fort Wayne | No | N/A | |||||||||||||||||||||
Property | 45.02 | CVS Garden City | No | N/A | |||||||||||||||||||||
Loan | 46 | Hollywood 95 Office Center | No | N/A | |||||||||||||||||||||
Loan | 5 | 47 | McCarthy Ranch | Yes - 4 | 15.0% | $40,000,000 | 60.5% | 2.07x | 8.3% | ||||||||||||||||
Loan | 48 | Whitehall Apartments | No | N/A | |||||||||||||||||||||
Loan | 49 | Baychester Shopping Center | No | N/A | |||||||||||||||||||||
Loan | 50 | Inverness Dental and Medical Plaza | No | N/A | |||||||||||||||||||||
Loan | 51 | CubeSmart Winston-Salem | No | N/A | |||||||||||||||||||||
Loan | 52 | 2015-2021 West Race Avenue | No | N/A | |||||||||||||||||||||
Loan | 53 | Comfort Inn & Suites Southport | No | N/A | |||||||||||||||||||||
Loan | 27 | 54 | 1101 California Avenue | Yes - 4 | 16.0% | ||||||||||||||||||||
Loan | 55 | E&B Apartments | No | N/A | |||||||||||||||||||||
Loan | 56 | Cedar Lofts Apartments | No | N/A | |||||||||||||||||||||
Loan | 6 | 57 | Keepsake Storage Portfolio | ||||||||||||||||||||||
Property | 57.01 | Commonwealth Storage | No | N/A | |||||||||||||||||||||
Property | 57.02 | Keepsake Storage | No | N/A | |||||||||||||||||||||
Loan | 58 | Anchor Baker Storage | No | N/A | |||||||||||||||||||||
Loan | 8, 28 | 59 | 571 Hudson Coop | No | N/A | N/A | $13,200,000 | 26.5% | 0.0% | 0 | 0 | 0 | N/A | ||||||||||||
Loan | 60 | 1425 Bruckner Fee | No | N/A | |||||||||||||||||||||
Loan | 61 | Grand Avenue Storage | Yes - 4 | 10.0% | |||||||||||||||||||||
Loan | 62 | Anchor Mini Storage | No | N/A | |||||||||||||||||||||
Loan | 63 | Netana Apartments | No | N/A | |||||||||||||||||||||
Loan | 64 | Windy Acres MHC | No | N/A | |||||||||||||||||||||
Loan | 6 | 65 | Maple Hills & Walnut Valley MHP | ||||||||||||||||||||||
Property | 65.01 | Maple Hills MHP | No | N/A | |||||||||||||||||||||
Property | 65.02 | Walnut Valley MHP | No | N/A |
A-1-24
MSC 2021-L5 | |
Footnotes to Annex A-1 | |
(1) | MSBNA—Morgan Stanley Bank, N.A.; MSMCH—Morgan Stanley Mortgage Capital Holdings LLC; Barclays—Barclays Capital Real Estate Inc.; AREF—Argentic Real Estate Finance LLC; SMC—Starwood Mortgage Capital LLC; KeyBank—KeyBank National Association |
(2) | Certain tenants may not be in occupancy or may be in free rent periods. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” in this Preliminary Prospectus for information regarding the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans and tenants that occupy 50% or more of the net rentable area at their respective mortgaged properties that are not in occupancy or are in free rent periods. |
(3) | The Administrative Fee Rate includes the master servicing fee rate, operating advisor fee rate, certificate administrator/trustee fee rate, asset representations reviewer fee rate, primary or sub-servicing servicing fee rate, CREFC® license fee rate and, with respect to any non-serviced mortgage loan, pari passu loan primary servicing fee rate, in each case applicable to the related mortgage loan. |
(4) | Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” for information regarding certain lease termination options affecting the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans and tenants that occupy 50% or more of the net rentable area at their respective mortgaged properties. |
(5) | With respect to Mortgage Loan No. 5, MGM Grand & Mandalay Bay, Mortgage Loan No. 12, Signature Office Portfolio, Mortgage Loan No. 22, Appletree Business Park and Mortgage Loan No. 47, McCarthy Ranch, each such Mortgage Loan is part of a whole loan related to the Issuing Entity. For purposes of the statistical information set forth in this Preliminary Prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Units/Rooms/Pads/Beds calculations are in each case based on the subject Mortgage Loan together with any related Pari Passu Companion Loan, but (unless otherwise indicated) without regard to any related Subordinate Companion Loan(s). For further information, see “Description of the Mortgage Pool—The Whole Loans—General”, “—The Serviced Pari Passu Whole Loans”, “—The Non-Serviced Pari Passu Whole Loans”, “The Non-Serviced Pari Passu-A/B Whole Loans” and “Pooling and Servicing Agreement” or “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans,” as applicable, in this Preliminary Prospectus. |
(6) | With respect to Mortgage Loan No. 1, Extra Space Self Storage Portfolio, Mortgage Loan No. 3, Ahold Portfolio, Mortgage Loan No. 4, NOLA Logistics Portfolio, Mortgage Loan No. 5, MGM Grand & Mandalay Bay, Mortgage Loan No. 11, Central Canal Company Industrial Portfolio, Mortgage Loan No. 12, Signature Office Portfolio, Mortgage Loan No. 18, East Boston Multifamily Portfolio 1, Mortgage Loan No. 19, Jones Estates Portfolio, Mortgage Loan No. 20, Archer Portfolio, Mortgage Loan No. 27, Indy Multifamily, Mortgage Loan No. 29, MC Office Portfolio, Mortgage Loan No. 37, StorWise SS Portfolio - Tahoe, Mortgage Loan No. 45, CVS Portfolio, Mortgage Loan No. 57, Keepsake Storage Portfolio and Mortgage Loan No. 65, Maple Hills & Walnut Valley MHP, each such Mortgage Loan is secured by multiple properties. For purposes of the statistical information set forth in this Preliminary Prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Units/Rooms/Pads/Beds calculations are shown on an aggregate basis, and a portion of the Cut-off Date Balance has been allocated to each mortgaged property based on the respective Appraised Values and/or Underwritten NCF, among other methods. |
(7) | With respect to Mortgage Loan No. 3, Ahold Portfolio, Mortgage Loan No. 5, MGM Grand & Mandalay Bay, Mortgage Loan No. 20, Archer Portfolio, Mortgage Loan No. 27, Indy Multifamily and Mortgage Loan No. 29, MC Office Portfolio the related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, or other release conditions in connection with a partial defeasance, partial prepayment or partial assumption of the related Mortgage Loan. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and “—Partial Releases, Substitutions and Additions” in this Preliminary Prospectus. |
(8) | With respect to Mortgage Loan No. 5, MGM Grand & Mandalay Bay, Mortgage Loan No. 12, Signature Office Portfolio, Mortgage Loan No. 14, Sunrise Corporate Plaza I and Mortgage Loan No. 59, 571 Hudson Coop, the related mortgage loan documents permit future subordinate secured or unsecured financing or mezzanine financing and/or preferred equity generally subject to compliance with certain combined LTV, DSCR and/or Debt Yield tests. See “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness” and “—Additional Indebtedness—Other Secured Indebtedness” in this Preliminary Prospectus. |
(9) | With respect to Mortgage Loan No. 1, Extra Space Self Storage Portfolio, the Appraised Value reflects an “as-portfolio” appraised value, which includes an approximately 11.0% premium to the aggregate “as-is” appraised value of the individual Mortgaged Properties. The Cut-off Date LTV Ratio and Maturity Date LTV Ratio for the Extra Space Self Storage Portfolio Mortgage Loan are calculated using the “as-is” appraised value based on such portfolio premium. The “as-is” appraised value of the Mortgaged Properties without regard to the portfolio premium is $121,750,000. The Cut-off Date LTV Ratio and Maturity Date LTV Ratio assuming the $121,750,000 value and without netting out the $2,500,000 earnout reserve (as described in footnote 10 below) are 53.4% and 53.4%, respectively. |
A-1-25
With respect to Mortgage Loan No. 3, Ahold Portfolio, the Appraised Value represents an approximately 5.3% portfolio premium to the aggregate “as-is” appraised value of the individual Mortgaged Properties. The Cut-off Date LTV Ratio and Maturity Date LTV Ratio for the Ahold Portfolio Mortgage Loan are calculated using the “as-is” appraised value based on such portfolio premium. The “as-is” appraised value for the Mortgaged Properties, without regard to the portfolio premium, was $96,600,000 as of February 10, 2021. The Cut-off Date LTV Ratio and Maturity Date LTV Ratio calculated using the aggregate “as-is” appraised values, without regard to the premium, are 44.4% and 44.4%, respectively. With respect to Mortgage Loan No. 4, NOLA Logistics Portfolio, only a portfolio Appraised Value was provided. With respect to Mortgage Loan No. 18, East Boston Multifamily Portfolio I, the Appraised Value represents an approximately 5.1% portfolio premium to the aggregate “as-is” appraised value of the individual mortgaged properties. The Cut-off Date LTV Ratio and Maturity Date LTV Ratio for the East Boston Multifamily Portfolio I Mortgage Loan are calculated using the “as-is” appraised value based on such portfolio premium. The “as-is” appraised value for the Mortgaged Properties without regard to the portfolio premium was $22,930,000 as of February 3, 2021. The Cut-off Date LTV Ratio and Maturity Date LTV Ratio calculated using the aggregate “as-is” appraised values are both 62.8%. With respect to Mortgage Loan No. 24, 25-22 30th Drive, the Appraised Value of $19,100,000 represents the “As Stabilized” value of the Mortgaged Property based on the leasing of five vacant units by May 1, 2021. As of March 30, 2021, the Mortgaged Property was fully occupied. The Cut-off Date LTV Ratio and Maturity Date LTV Ratio based on the “as-is” appraised value of $18,900,000 as of January 27, 2021 and adjusted for the $900,000 COVID Concession Reserve is 58.7%. | |
(10) | With respect to Mortgage Loan No. 1, Extra Space Self Storage Portfolio, the Underwritten NOI Debt Yield, Underwritten NCF Debt Yield, Cut-off Date LTV Ratio and Maturity Date LTV Ratio are calculated net of a $2,500,000 earnout reserve. Provided that no default has occurred and is continuing, the lender will disburse funds held in the earnout reserve to the borrowers at such time as the net cash flow (based on the 12 months preceding the date of calculation) debt yield is equal to or greater than 7.5%. In the event that the Mortgaged Properties have not achieved a debt yield of at least 7.5% by April 16, 2024, the lender will apply all funds on deposit in the earnout reserve to a partial prepayment or partial defeasance of the Extra Space Self Storage Portfolio Mortgage Loan on the next payment date. Any partial prepayment of the Extra Space Self Storage Portfolio Mortgage Loan in connection with this event will be subject to the payment of a yield maintenance premium, and the Extra Space Self Storage Portfolio borrowers are required to pay to the lender such yield maintenance premium and all costs incurred by the lender with respect to such prepayment. Underwritten NOI Debt Yield, Underwritten NCF Debt Yield, Cut-off Date LTV Ratio and Maturity Date LTV Ratio without excluding the Earnout Reserve are 7.8%, 7.6%, 48.1% and 48.1%, respectively. |
(11) | With respect to Mortgage Loan No. 2, 215 Coles Street, the Mortgaged Property is master leased to an affiliate of the related borrower, which in turn is expected to sublease all of the space to subtenants affiliated with the related borrower. |
(12) | With respect to Mortgage Loan No. 2, 215 Coles Street and Mortgage Loan No. 12, Signature Office Portfolio, the Title Type is characterized as “Fee” because (i) the borrower has a fee interest in all or substantially all of the mortgaged property (provided that if the borrower has a leasehold interest in any portion of the mortgaged property, such portion is not material to the use or operation of the mortgaged property), or (ii) the mortgage loan is secured by the borrower’s leasehold interest in the mortgaged property as well as the borrower’s (or other fee owner’s) overlapping fee interest in the related mortgaged property. |
(13) | With respect to Mortgage Loan No. 5, MGM Grand & Mandalay Bay, each of the related Mortgaged Properties consist of a resort and casino and, as of the trailing twelve months ending December 31, 2020 (i) with respect to the Mandalay Bay Mortgaged Property, approximately 35.0% of the revenues were from hotel rooms, approximately 22.0% of the revenues were from gaming, approximately 22.5% of the revenues were from food and beverage, and approximately 20.6% of the revenues were from other sources and (ii) with respect to the MGM Grand Mortgaged Property, approximately 26.2% of the revenues were from hotel rooms, approximately 30.6% of the revenues were from gaming, approximately 20.0% of the revenues were from food and beverage, and approximately 23.2% of the revenues were from other sources. |
(14) | With respect to Mortgage Loan No. 5, MGM Grand & Mandalay Bay, the Mortgage Loan is structured with an Anticipated Repayment Date (“ARD”) and will be interest-only prior to the ARD. After the ARD, the following structure will apply: (i) the interest rate will increase by 200 basis points over the greater of (x) 3.55800%, and (y) (1) the ARD treasury note rate in effect on the ARD plus (2) 1.77000%; (ii) amounts in the excess cash flow reserve will be applied first to pay monthly additional interest amounts which, to the extent not paid, will be deferred and added to the principal balance of the MGM Grand & Mandalay Bay Whole Loan; and (iii) a full cash flow sweep to the extent of remaining amounts in the excess cash flow reserve will be applied to the principal of the MGM Grand & Mandalay Bay Whole Loan. |
(15) | With respect to Mortgage Loan No. 5, MGM Grand & Mandalay Bay, the DSCR and Debt Yield calculations are based on the initial MGM/Mandalay lease annual rent of $292,000,000. The UW NCF DSCR (P&I) and the Underwritten NCF Debt Yield for the MGM Grand & Mandalay Bay Senior Notes (based on the Underwritten NCF of approximately $487.3 million) are 8.27x and 29.8%, respectively. Underwritten NCF was determined prior to the COVID-19 pandemic. Based on the YE 2020 adjusted EBITDAR of approximately $108.8 million, the MGM Grand & Mandalay Bay Senior Loan results in a DSCR of 1.85x and on the MGM Grand & Mandalay Bay Whole Loan results in a DSCR of 1.01x. |
(16) | With respect to Mortgage Loan No. 5, MGM Grand & Mandalay Bay, a cash management trigger period and cash sweep trigger period has occurred under the MGM Grand & Mandalay Bay Whole Loan due to the debt service coverage ratio on the Whole |
A-1-26
Loan falling below 2.50x for two consecutive calendar quarters. In lieu of all excess cash amounts being held in a reserve account, BREIT Prime Lease Holdings LLC and MGM Growth Properties Operating Partnership LP have delivered a guaranty to the lender guaranteeing all amounts required to be deposited in the excess cash flow reserve in accordance with the terms and conditions in the MGM Grand & Mandalay Bay Whole Loan documents. | |
(17) | With respect to Mortgage Loan No. 6, Lullwater at Blair Stone, the Occupancy Rate excludes the two management units which were included in the unit total for the Mortgaged Property. |
(18) | With respect to Mortgage Loan No. 12, Signature Office Portfolio, Crossmark, Inc. (13,171 SF), previously the fourth largest tenant at the 20 Commerce property representing $335,861 in underwritten annual base rent and $9,090 in underwritten reimbursements, vacated its leased space on or about March 31, 2021 in connection with the expiration of its lease, and such space is currently vacant. The underwriting of the Signature Office Portfolio Mortgage Loan was conducted prior to Crossmark, Inc. vacating its leased space. Excluding the vacant space previously occupied by Crossmark, Inc., the Occupancy Rate at the 20 Commerce property and the Signature Office Portfolio Mortgaged Properties is 73.4% and 84.0%, respectively. Excluding income from Crossmark, Inc., the Underwritten NOI Debt Yield, Underwritten NCF Debt Yield, UW NCF DSCR (IO) and UW NCF DSCR (P&I) would be 8.8%, 8.0%, 2.07x and 1.43x, respectively. |
(19) | With respect to Mortgage Loan No. 12, Signature Office Portfolio, the Appraised Value for the Hauppauge Office Park Mortgaged Property includes tax savings attributable to two PILOT tax abatements, one of which is scheduled to expire in the 2021/2022 tax year. The Appraised Value assumes that such expiring PILOT tax abatement will be renewed prior to its expiration. The borrower sponsor reported that they intend to apply for the renewal of the PILOT tax abatement prior to its expiration. We cannot assure you that the PILOT tax abatement will be renewed, which may cause property taxes at the Mortgaged Property to increase. |
(20) | With respect to Mortgage Loan No. 13, 12510 & 12600 Cardinal Meadow, all of the tenants are affiliated with the related borrower. In addition, the related appraisal for the related Mortgaged Property states that it appraises the fee simple estate and has not considered the leases with internal, related party entities of the owner, which are not considered arm’s length documents. |
(21) | With respect to Mortgage Loan No. 21, 6851 River Road, the Mortgaged Property is 100% leased to Tristate Apartment Furnishers, LLC, a borrower affiliate. |
(22) | With respect to Mortgage Loan No. 24, 25-22 30th Drive, the Appraised Value for the Mortgaged Property of $19,100,000 includes $2,780,000 attributable to a 421-a tax abatement, which has been applied for but has not been received as of the origination date. The Cut-off Date LTV Ratio and Maturity Date LTV Ratio based on the 25-22 30th Drive Mortgage Loan Cut-off Date Balance net of the $900,000 COVID Concession Reserve and a $16,320,000 appraised value, excluding the net present value of the tax abatement, are 68.0%. Assuming full year one taxes as estimated in the appraisal of $137,452, Underwritten NCF DSCR and Underwritten NOI Debt Yield, with Underwritten NOI Debt Yield being calculated on the 25-22 30th Drive Mortgage Loan Cut-off Date Balance net of the $900,000 COVID Concession Reserve, would be 1.24x and 5.9%, respectively. |
(23) | With respect to Mortgage Loan No. 24, 25-22 30th Drive, at origination the borrowers deposited $900,000 into a COVID Concession Reserve (as defined in the Mortgage Loan documents), to be released to the borrowers upon (i) the lender’s receipt of a written request for disbursement, which request must be made prior to April 1, 2025, (ii) the borrowers providing a current rent roll with a minimum occupancy of 87.0% and (iii) the net operating income debt yield at the Mortgaged Property (calculated based on a loan principal balance that is net of the remaining funds on deposit in the COVID Concession Reserve following the requested disbursement) being at least 7.5% based on a trailing 12-month period. Notwithstanding the foregoing, no disbursement is permitted (i) prior to the payment date in April 2022, (ii) if a Sweep Event Period (as defined in the Mortgage Loan documents) exists or (iii) if the 421-a requirements (as defined in the Mortgage Loan documents) have not been satisfied. Cut-off Date LTV Ratio, Maturity Date LTV Ratio, Underwritten NOI Debt Yield and Underwritten NCF Debt Yield calculations are based on the 25-22 30th Drive Mortgage Loan Cut-off Date Balance net of the $900,000 COVID Concession Reserve. Assuming the gross 25-22 30th Drive Mortgage Loan Cut-off Date Balance of $12,000,000, Cut-off Date LTV Ratio, Maturity Date LTV Ratio, Underwritten NOI Debt Yield and Underwritten NCF Debt Yield calculations are 62.8%, 62.8%, 6.6% and 6.6%, respectively. |
(24) | With respect to Mortgage Loan No. 33, 486 East 28th Street, the Appraised Value for the Mortgaged Property includes $3,490,000 attributable to a 421-a tax abatement, which has been applied for but has not been received as of the origination date. The Cut-off Date LTV Ratio and Maturity Date LTV Ratio based on the $9,210,000 appraised value, excluding the net present value of the tax abatement is 89.0%. Assuming full year one taxes as estimated in the appraisal of $171,464, Underwritten NCF DSCR and Underwritten NOI Debt Yield would be 1.23x and 5.1%, respectively. |
(25) | With respect to Mortgage Loan No. 39, Montgomery Self Storage, at origination the borrower deposited $400,000 into a Performance Reserve (as defined in the Mortgage Loan documents), to be released to the borrower upon the net operating income debt yield at the Mortgaged Property (calculated based on a loan principal balance that is net of the remaining funds on deposit in the Performance Reserve, following the requested disbursement) being at least 8.75% based on a trailing 12-month period. Notwithstanding the foregoing, no disbursement is permitted prior to September 11, 2021 or if an event of default exists. Cut-off Date LTV Ratio, Maturity Date LTV Ratio, Third Most Recent NOI Debt Yield, Second Most Recent NOI Debt Yield, Most Recent NOI Debt Yield, Underwritten NOI Debt Yield and Underwritten NCF Debt Yield calculations are based on the Montgomery Self Storage Mortgage Loan Cut-off Date Balance net of the $400,000 Performance Reserve. Assuming the gross |
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Montgomery Self Storage Mortgage Loan Cut-off Date Balance of $6,700,000, Cut-off Date LTV Ratio, Maturity Date LTV Ratio, Third Most Recent NOI Debt Yield, Second Most Recent NOI Debt Yield, Most Recent NOI Debt Yield, Underwritten NOI Debt Yield and Underwritten NCF Debt Yield calculations are 64.7%, 58.6%, 6.0%, 7.9%, 8.1%, 8.3% and 8.1%, respectively. | |
(26) | With respect to Mortgage Loan No. 41, Desert’s Edge RV Park, the Upfront Insurance Reserves and Ongoing Monthly Insurance Reserves are for the borrower’s flood insurance coverage policy for the Desert’s Edge RV Park Mortgaged Property. Additional monthly deposits for insurance are suspended for the Desert’s Edge RV Park Mortgaged Property as long as certain conditions set forth in the Mortgage Loan documents are satisfied. |
(27) | With respect to Mortgage Loan No. 54, 1101 California Avenue, at origination the borrower deposited $100,000 into an Economic Holdback Reserve (as defined in the Mortgage Loan documents), to be released to the borrowers upon the net operating income debt yield at the Mortgaged Property (calculated based on a loan principal balance that is net of the remaining funds on deposit in the Economic Holdback Reserve following the requested disbursement) being at least 9.5% based on a trailing 12-month period. Notwithstanding the foregoing, no disbursement is permitted prior to the payment date in January 2022 or if an event of default exists. Cut-off Date LTV Ratio, Maturity Date LTV Ratio, Third Most Recent NOI Debt Yield, Second Most Recent NOI Debt Yield, Most Recent NOI Debt Yield, Underwritten NOI Debt Yield and Underwritten NCF Debt Yield calculations are based on the 1101 California Avenue Mortgage Loan Cut-off Date Balance net of the $100,000 Economic Holdback Reserve. Assuming the gross 1101 California Avenue Mortgage Loan Cut-off Date Balance of $4,000,000, Cut-off Date LTV Ratio, Maturity Date LTV Ratio, Third Most Recent NOI Debt Yield, Second Most Recent NOI Debt Yield, Most Recent NOI Debt Yield, Underwritten NOI Debt Yield and Underwritten NCF Debt Yield calculations are 55.6%, 55.6%, 8.7%, 10.8%, 11.6%, 10.3% and 9.0%, respectively. |
(28) | With respect to Mortgage Loan No. 59, 571 Hudson Coop, the borrower is a cooperative housing corporation. No individual or entity (other than the borrower) has recourse obligations with respect to the 571 Hudson Coop Mortgage Loan, including pursuant to any guaranty or environmental indemnity. Accordingly, no information is presented in the columns labeled Sponsor and Non-Recourse Carveout Guarantor in Annex A-1. In addition, due to the specialized nature of residential housing cooperatives, certain information presented in and shown on Annex A-1 with respect to other Mortgage Loans is not presented with respect to the 571 Hudson Coop Mortgage Loan and is, instead, reflected as not applicable (N/A). For example, since residential cooperatives are not-for-profit entities that generally set maintenance fees to cover current expenses and plan for future capital needs and a residential cooperative is generally able to increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves, historical Net Operating Income figures for residential cooperative properties are generally not representative of the cash flow generated by the property if it were operated as a multifamily rental property. Accordingly, the Most Recent NOI, Second Most Recent NOI, Third Most Recent NOI, and the related fields shown on Annex A-1 are not presented on Annex A-1 with respect to the 571 Hudson Coop Mortgage Loan. In addition, see “Risk Factors—Risks Relating to the Mortgage Loans—Residential Cooperative Properties Have Special Risks” with respect to the determination of certain fields on Annex A-1, including but not limited to the Appraised Value, Coop-Rental Value, Underwritten NOI and Underwritten NCF. |
A. | The “Yield Maintenance Amount” shall mean the present value, as of the Prepayment Date (as defined in the Mortgage Loan documents), of the remaining scheduled payments of principal and interest (which, in the case of a partial prepayment pursuant to Section 2.6.2 of the Loan Agreement, shall mean the payments of principal and interest allocated to the amount being prepaid) from the Prepayment Date through the Permitted Par Prepayment Date (as defined in the Mortgage Loan documents) (including any balloon payment, assuming the Mortgage Loan is repaid in full on the Permitted Par Prepayment Date) determined by discounting such payments at the Discount Rate (hereinafter defined), less the amount of principal being prepaid. The term “Discount Rate” shall mean the rate that is equivalent to the Treasury Rate (hereinafter defined). The term “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Permitted Par Prepayment Date. (If Release H.15 is no longer published, the lender shall select a comparable publication to determine the Treasury Rate, giving due consideration to any then prevailing market convention in the United States for determining a rate of interest for similar U.S. Dollar denominated commercial real estate loans to borrowers domiciled in the United States, applied in a manner reasonably determined by the lender to be consistent with such then prevailing market convention.) |
B | “Yield Maintenance Premium” shall mean with respect to each note, an amount equal to the greater of (i) one-half of one percent (0.5%) of the outstanding principal amount of such note to be prepaid or satisfied and (b) excess, if any, of (i) the sum of the present values of all then-scheduled payments of principal and interest in respect of the principal amount being prepaid under such note assuming that all scheduled payments are made timely and that the remaining outstanding principal and interest on such note is paid on the Permitted Par Prepayment Date (as defined below) (with each such payment and assumed payment discounted to its present value at the date of prepayment at the rate which, when compounded monthly, is equivalent to the Prepayment Rate (as defined below) when compounded semi-annually and deducting from the sum of such present values any short-term interest paid from the date of prepayment to the next succeeding Payment Date (as defined below) in the event such payment is not made on the Payment Date), over (ii) the principal amount being prepaid provided, with respect to any prepayment of any portion of the Mortgage Loan that is subject to a rated Securitization and which is made after the Payment Date in August 2029 but prior to the Permitted Par Prepayment Date, the Yield Maintenance Premium shall be zero. “Permitted Par Prepayment Date” shall mean the Payment Date occurring in September 2029. |
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“Payment Date” shall mean with respect to any note, the fifth (5th) day of each calendar month during the term of the Mortgage Loan. “Prepayment Rate” shall mean the bond equivalent yield (in the secondary market) of the United States Treasury Security, that as of the Prepayment Rate Determination Date (as defined below) has a remaining term to maturity closest to, but not later than, the Permitted Par Prepayment Date as most recently published in “Statistical Release H.15 (519), Selected Interest Rates,” or any successor publication, published by the Board of Governors of the Federal Reserve System, or on the basis of such other publication or statistical grade as the lender may reasonably select. If there is no United States Treasury Security with a yield equal to the remaining term to the Permitted Par Prepayment Date, the Prepayment Rate will be calculated by taking the linear interpolation of the yields with maturity dates (one longer and one shorter) most nearly approximating the remaining term to the Permitted Par Prepayment Date. “Prepayment Rate Determination Date” shall mean the date which is 5 business days prior to the date that such prepayment shall be applied in accordance with the terms and provisions in the loan agreement. | |
C. | “Yield Maintenance Premium” shall mean an amount equal to the greater of: (x) one percent (1%) of the principal amount of the note being prepaid or (y) the present value as of the Prepayment Date (defined below) of the Calculated Payments (defined below) from the Prepayment Date through the maturity date determined by discounting such payments at the Discount Rate (defined below). As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of the note being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (1) the Applicable Interest Rate (as defined in the Mortgage Loan documents) and (2) the Yield Maintenance Treasury Rate (defined below). As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by the lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Maturity Date. In the event Release H.15 is no longer published, the lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall the lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. |
D. | “Yield Maintenance Premium” shall mean an amount equal to the greater of: (x) one percent (1%) of the principal amount of the note being prepaid or (y) the present value as of the Prepayment Date (as defined below) of the Calculated Payments (defined below) from the Prepayment Date through the date of the commencement of the Open Period, which shall mean any Business Day during the six months prior to the Maturity Date, determined by discounting such payments at the Discount Rate (defined below). As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of the note being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (1) the Applicable Interest Rate (as defined in the Mortgage Loan documents) and (2) the Yield Maintenance Treasury Rate (defined below). As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation or the yields, as reported in the Federal Reserve Statistical Release H.15 - Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Maturity Date. In the event Release H.15 is no longer published. The lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall the lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. |
E. | The “Yield Maintenance Amount” shall mean the present value, as of the Prepayment Date (as defined in the Mortgage Loan documents), of the remaining scheduled payments of principal and interest from the Prepayment Date (as defined in the Mortgage Loan documents) through the Permitted Par Prepayment Date (including any balloon payment) determined by discounting such payments at the Discount Rate (hereinafter defined), less the amount of principal being prepaid. The term “Discount Rate” shall mean the rate that, when compounded monthly, is equivalent to the Treasury Rate (hereinafter defined) when compounded semi-annually. The term “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Maturity Date. (If Release H.15 is no longer published, Lender shall select a comparable publication to determine the Treasury Rate.) |
F. | “Yield Maintenance Default Premium” shall mean an amount equal to the greater of (i) four percent (4%) of the outstanding principal balance of the Loan to be prepaid or satisfied, and (ii) the present value, as of the Prepayment Date, of the remaining scheduled payments of principal and interest from the Prepayment Date through the Open Date (including any balloon payment) determined by discounting such payments at the Discount Rate (hereinafter defined), less the amount of principal being prepaid. “Yield Maintenance Premium” shall mean an amount equal to the greater of (i) one percent (1%) of the outstanding principal balance of the Loan to be prepaid or satisfied and (ii) the present value, as of the Prepayment Date, of the remaining scheduled payments of principal and interest from the Prepayment Date through the Open Date (including any balloon payment) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid. Borrower shall provide prior |
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written notice to Lender specifying the date on or after the Permitted Prepayment Date upon which the prepayment is to be made (the “Prepayment Date”), which notice shall be delivered to Lender not less than thirty (30) days prior to such prepayment. “Permitted Prepayment Date” shall mean the Business Day following the second (2nd) anniversary of the first Payment Date. “Open Date” shall be that Payment Date three (3) months prior to the Maturity Date. “Discount Rate” shall mean the rate that, when compounded monthly, is equivalent to the Treasury Rate (as defined below) when compounded semiannually. “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 – Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Open Date. If Release H.15 is no longer published, Lender shall select in its reasonable discretion a comparable publication to determine the Treasury Rate. | |
G. | “Yield Maintenance Premium” shall mean an amount equal to the greater of (i) one percent (1%) of any applicable prepayment, or (b) the present value as of the Prepayment Date (as defined below) of the Calculated Payments (as defined below) determined by discounting such payments at the Discount Rate (as defined below). As used in this definition, (i) the term “Prepayment Date” means the date on which the applicable prepayment is made; (ii) the term “Calculated Payments” means the monthly payments of interest only which would be due from the Prepayment Date through the Permitted Prepayment Date based on the Principal amount of the Loan being prepaid on the Prepayment Date and assuming an interest rate per annum in the amount, if any, by which the Interest Rate exceeds the Yield Maintenance Treasury Rate (as defined below); (iii) the term “Discount Rate” means the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. The calculation of the Yield Maintenance Premium shall be made by Lender and shall, absent manifest error, be final, conclusive and binding upon the parties. “Yield Maintenance Treasury Rate” means the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer and one shorter) most nearly approximating the Permitted Prepayment Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. |
H. | “Yield Maintenance Premium” shall mean an amount equal to the greater of (i) two percent (2%) of any applicable prepayment, or (b) the present value as of the Prepayment Date (as defined below) of the Calculated Payments (as defined below) determined by discounting such payments at the Discount Rate. As used in this definition, (i) the term “Prepayment Date” means the date on which the applicable prepayment is made; (ii) the term “Calculated Payments” means the monthly payments of interest only which would be due from the Prepayment Date through the Permitted Prepayment Date based on the principal amount of the Loan being prepaid on the Prepayment Date and assuming an interest rate per annum in the amount, if any, by which the Interest Rate exceeds the Yield Maintenance Treasury Rate; (iii) the term “Discount Rate” means the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate (as defined below), when compounded semiannually. The calculation of the Yield Maintenance Premium shall be made by Lender and shall, absent manifest error, be final, conclusive and binding upon the parties. “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer and one shorter) most nearly approximating the Permitted Prepayment Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. |
I. | The “Yield Maintenance Amount” shall mean the present value, as of the Prepayment Date, of the remaining scheduled payments of principal and interest from the Prepayment Date through the Maturity Date (including any balloon payment) determined by discounting such payments at the Discount Rate (hereinafter defined), less the amount of principal being prepaid. The term “Discount Rate” shall mean the rate that, when compounded monthly, is equivalent to the Treasury Rate (hereinafter defined) when compounded semi-annually. The term “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Maturity Date. (If Release H.15 is no longer published, Lender shall select a comparable publication to determine the Treasury Rate.) |
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