WFRBS Commercial Mortgage Trust 2014-C23 FWP Free writing prospectus

FREE WRITING PROSPECTUS

FILED PURSUANT TO RULE 433

REGISTRATION FILE NO.: 333-197550-01

WFRBS 2014-C23 Commercial Mortgage Trust Disclaimer

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) (SEC File No. 333-197550 for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-866-884-2071 (8 a.m. – 5 p.m. EST) or by emailing rbscmbs@rbs.com.

Nothing in this document constitutes an offer of securities for sale in any other jurisdiction where the offer or sale is not permitted.  The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.  These materials are subject to change, completion, supplement or amendment from time to time.

STATEMENT REGARDING THESE MATERIALS

The information contained herein (the “Information”) is preliminary and subject to change.  This information will be superseded by similar information delivered to you as part of the offering document relating to the WFRBS Commercial Mortgage Trust 2014-C23, Commercial Mortgage Pass-Through Certificates, Series 2014-C23 (the “Offering Document”).  The Information supersedes any such information previously delivered.  The Information should be reviewed only in conjunction with the entire Offering Document. All of the Information is subject to the same limitations and qualifications contained in the Offering Document.  The Information does not contain all relevant information relating to the underlying mortgage loans or mortgaged properties. Such information is described elsewhere in the Offering Document.  The Information contained herein will be more fully described elsewhere in the Offering Document.  The Information should not be viewed as projections, forecasts, predictions or opinions with respect to value.  Prior to making any investment decision, prospective investors are strongly urged to read the Offering Document in its entirety.  This material should be not construed as an effort to sell or the solicitation of any offer to buy any security in any jurisdiction where such offer of solicitation would be illegal.  

STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION

The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers identified in the Offering Document.  Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein.  As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance.  The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice.  You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities.  Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods.  In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials.  The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials.  None of RBS Securities Inc. (“RBSSI”), Wells Fargo Securities, LLC (“WFS”),  any other underwriter or dealer participating in this offering, or any of their respective affiliates make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change.  In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.

These materials contain certain forward-looking statements.  If and when included in these materials, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements.  Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated.  Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering.  The forward-looking statements made in these materials are made as of the date stated on the cover.  We have no obligation to update or revise any forward-looking statement. RBS is a trade name for the investment banking business of RBSSI.  Securities, syndicated loan arranging, financial advisory and other investment banking activities are performed by RBSSI and their securities affiliates.  Lending, derivatives and other commercial banking activities are performed by The Royal Bank of Scotland plc and their banking affiliates.  RBSSI is a member of SIPC, FINRA and the NYSE. Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC; Wells Fargo Institutional Securities, LLC, a member of FINRA and SIPC; and Wells Fargo Bank, N.A. Wells Fargo Securities, LLC carries and provides clearing services for Wells Fargo Institutional Securities, LLC customer accounts.

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, any email communication to which these materials are attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation being made that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded.  Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Mortgage Loan Seller(1)	Cross Collateralized and Cross Defaulted Loan Flag	Address	City	State	Zip Code	General Property Type	Specific Property Type
1	Bank of America Plaza	WFB		333 South Hope Street	Los Angeles	CA	90071	Office	CBD
2	Crossings at Corona	WFB		2489 Tuscany Street	Corona	CA	92881	Retail	Anchored
3	Columbus Square Portfolio	WFB		775, 795, 805, 808 Columbus Avenue; 801 Amsterdam Avenue	New York	NY	10025	Mixed Use	Retail/Other/Office
4	DC Metro Mixed Use Portfolio	RBS		Various	Various	Various	Various	Various	Various
4.01	920-928 Rhode Island Avenue	RBS		920-928 Rhode Island Avenue	Washington	DC	20018	Office	CBD
4.02	875 N Street	RBS		875 N Street NW	Washington	DC	20001	Mixed Use	Multifamily/Retail
4.03	119-125 N. Washington Street	RBS		119-125 N. Washington Street	Alexandria	VA	22314	Mixed Use	Retail/Office
4.04	2000 S Street	RBS		2000 S Street NW	Washington	DC	20020	Office	CBD
4.05	717 6th Street NW	RBS		717 6th Street NW	Washington	DC	20001	Retail	Unanchored
4.06	700 King Street	RBS		700 King Street	Alexandria	VA	22314	Mixed Use	Retail/Office
4.07	1330 U Street	RBS		1330 U Street NW	Washington	DC	20009	Mixed Use	Retail/Office
4.08	100 King Street	RBS		100 King Street	Alexandria	VA	22314	Retail	Unanchored
4.09	301 Pennsylvania Avenue	RBS		301 Pennsylvania Avenue SE	Washington	DC	20003	Retail	Unanchored
4.10	705 6th Street	RBS		705 6th Street NW	Washington	DC	20024	Retail	Unanchored
4.11	3343 Prospect Street	RBS		3343 Prospect Street NW	Washington	DC	20007	Retail	Unanchored
4.12	856 Rockville Pike	RBS		856 Rockville Pike	Rockville	MD	20852	Retail	Single Tenant
4.13	106 N. Washington Street	RBS		106 N. Washington Street	Alexandria	VA	22314	Retail	Unanchored
4.14	438 Massachusetts Avenue	RBS		438 Massachusetts Avenue NW	Washington	DC	20002	Retail	Unanchored
4.15	1726 20th Street	RBS		1726 20th Street NW	Washington	DC	20009	Office	CBD
5	Centennial Center & Two Century Center	LIG I		Various	Schaumburg	IL	60173	Office	Suburban
5.01	Centennial Center	LIG I		1900 East Golf Road	Schaumburg	IL	60173	Office	Suburban
5.02	Two Century Tower	LIG I		1700 East Gollf Road	Schaumburg	IL	60173	Office	Suburban
6	677 Broadway	RBS		677 Broadway	Albany	NY	12207	Office	CBD
7	Homewood Suites - New Orleans	WFB		901 Poydras Street	New Orleans	LA	70112	Hospitality	Extended Stay
8	Culver City Office Portfolio	WFB		3535-3545 Hayden Avenue; 3958-3964 Ince Boulevard; 9046 Lindblade Street	Culver City	CA	90232	Office	CBD
9	Slatten Ranch Shopping Center	WFB		5709-5789 Lone Tree Way	Antioch	CA	94531	Retail	Anchored
10	Simi Valley Shopping Center	LIG I		1317-1457 East Los Angeles Avenue	Simi Valley	CA	93065	Retail	Anchored
11	Stratford at Hillcrest	RBS		2454 Hillcrest Center Circle	Winston-Salem	NC	27103	Multifamily	Garden
12	Marriott Bakersfield	RBS		801 Truxtun Avenue	Bakersfield	CA	93301	Hospitality	Full Service
13	Pomona Ranch Plaza	CIIICM		75 Rancho Camino Drive	Pomona	CA	91766	Office	Suburban
14	Courtyard by Marriott - Orlando	WFB		730 North Magnolia Avenue	Orlando	FL	32803	Hospitality	Limited Service
15	The Shops at Starwood	WFB		6959 Lebanon Road	Frisco	TX	75034	Mixed Use	Retail/Office
16	The Shops at Pecos Ranch	WFB		1900 West Germann Road	Chandler	AZ	85286	Retail	Unanchored
17	Main Street & South Park	Basis		Various	Shreveport	LA	71118	Various	Various
17.01	South Park	Basis		9064 Mansfield Road	Shreveport	LA	71118	Retail	Anchored
17.02	Main Street	Basis		9070 Mansfield Road	Shreveport	LA	71118	Mixed Use	Office/Retail
18	Schlumberger Office	Basis		1325 South Dairy Ashford Road	Houston	TX	77077	Office	Suburban
19	All Storage Hwy 66	RBS		10221 W. Highway 66	Yukon	OK	73099	Self Storage	Self Storage
20	Corridors Deer Valley	WFB		1925-2095 West Pinnacle Peak Road	Phoenix	AZ	85027	Office	Suburban
21	BJ’s Wholesale Club - Jacksonville	WFB		8046 Philips Highway	Jacksonville	FL	32256	Retail	Single Tenant
22	Holiday Inn Express - Flint and Fairfield Inn Madison	Basis		Various	Various	MI	Various	Hospitality	Limited Service
22.01	Fairfield Inn - Madison Heights	Basis		32800 Stephenson Boulevard	Madison Heights	MI	48071	Hospitality	Limited Service
22.02	Holiday Inn Express - Flint	Basis		1150 Robert T. Longway Boulevard	Flint	MI	48503	Hospitality	Limited Service
23	Gateway Plaza	WFB		7505 – 7529 North Loop 1604	Live Oak	TX	78233	Retail	Anchored
24	Promenade Merced	WFB		731-779 East Yosemite Avenue	Merced	CA	95340	Mixed Use	Retail/Office
25	Victory Village	WFB		4167-4183 Franklin Road	Murfreesboro	TN	37128	Retail	Anchored
26	Hampton Inn & Suites Lenox	CIIICM		445 Pittsfield Road	Lenox	MA	01240	Hospitality	Limited Service
27	East Forest Plaza II	RBS		5424 Forest Drive	Columbia	SC	29206	Retail	Unanchored
28	San Rafael Self Storage	WFB		675 Andersen Drive	San Rafael	CA	94901	Self Storage	Self Storage
29	All Storage Mustang Mini	RBS		515 N Mustang Rd	Yukon	OK	73099	Self Storage	Self Storage
30	Marley Park Plaza	WFB		15367 West Waddell Road	Surprise	AZ	85379	Retail	Anchored
31	English Oaks Apartments	RBS		4133 Church Street	Clarkston	GA	30021	Multifamily	Garden
32	WMA Shadow Portfolio	WFB		Various	Various	Various	Various	Retail	Various
32.01	Spring Lake Town Center	WFB		624 Lillington Highway	Spring Lake	NC	28390	Retail	Anchored
32.02	Metro Junction	WFB		4882-4898 Highway 18 West	Jackson	MS	39209	Retail	Shadow Anchored
32.03	Center Stage at Winder	WFB		444 Atlanta Highway Northwest	Winder	GA	30680	Retail	Shadow Anchored

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Mortgage Loan Seller(1)	Cross Collateralized and Cross Defaulted Loan Flag	Address	City	State	Zip Code	General Property Type	Specific Property Type
33	Larchmont Village Plaza	WFB		206-226 North Larchmont Boulevard	Los Angeles	CA	90004	Retail	Anchored
34	Jordan Hospital Medical Office	WFB		46 Obery Street	Plymouth	MA	02360	Office	Medical
35	Shiloh Business Park	RBS		399 Business Park Court	Windsor	CA	95492	Industrial	Light Industrial
36	Temescal Storage Center	WFB		20310 Temescal Canyon Road	Corona	CA	92881	Self Storage	Self Storage
37	Storage Choice Sugar Land	CIIICM		9870 Highway 90A	Sugar Land	TX	77478	Self Storage	Self Storage
38	Chateau Villa Corp.	NCB, FSB		390-430 Maryland Avenue	Staten Island	NY	10305	Multifamily	Cooperative
39	Storage Choice Pearland	CIIICM		5710 Broadway Street	Pearland	TX	77581	Self Storage	Self Storage
40	Country Life MHP	CIIICM		371-375 East Ross Road	El Centro	CA	92243	Manufactured Housing Community	Manufactured Housing Community
41	Western Square Shopping Center	Basis		3203-3229 West Blue Ridge Drive	Greenville	SC	29611	Retail	Anchored
42	La Quinta - Lexington	Basis		100 Canebrake Drive	Lexington	KY	40509	Hospitality	Limited Service
43	Brittany Estates	RBS		5010 NE Waldo Road	Gainesville	FL	32609	Manufactured Housing Community	Manufactured Housing Community
44	All Storage Mustang SC	RBS		82 Armstrong Drive	Mustang	OK	73064	Mixed Use	Self Storage/Retail
45	StorQuest - Hollywood	WFB		5138 West Sunset Boulevard	Los Angeles	CA	90027	Self Storage	Self Storage
46	DAK Equities Corp.	NCB, FSB		514 West End Avenue	New York	NY	10024	Multifamily	Cooperative
47	Comfort Suites - Wilmington	Basis		4721 Market Street	Wilmington	NC	28405	Hospitality	Limited Service
48	Storage Depot - Regal Row	WFB		274 Kings Highway	Brownsville	TX	78521	Self Storage	Self Storage
49	Big Bend Storage	LIG I		13414 Lincoln Road	Riverview	FL	33578	Self Storage	Self Storage
50	Mark Twain Owners’ Corp.	NCB, FSB		100 West 12th Street	New York	NY	10011	Multifamily	Cooperative
51	Town Lakes Self Storage	LIG I		1124 Village Lakes Boulevard	Lehigh Acres	FL	33972	Self Storage	Self Storage
52	Renaissance Park I	WFB		1111 Military Cutoff Road	Wilmington	NC	28405	Office	Suburban
53	Hidden Meadows, Inc.	NCB, FSB		Currans Road and Bailey Road	Middle Island	NY	11953	Multifamily	Cooperative
54	Storage Choice Stafford	CIIICM		10430 South Kirkwood	Houston	TX	77099	Self Storage	Self Storage
55	Walgreens - Albuquerque	WFB		6565 Paradise Boulevard Northwest	Albuquerque	NM	87114	Retail	Anchored
56	Kingsgate Village Apartments	WFB		7897 Cox Road	West Chester Township	OH	45069	Multifamily	Garden
57	StorQuest - Kalihi	WFB		750 Umi Street	Honolulu	HI	96819	Self Storage	Self Storage
58	Statewide Self Storage	WFB		2650 Mission Street	Santa Cruz	CA	95060	Self Storage	Self Storage
59	Storage Depot - Huebner Commons	WFB		9031 Huebner Road	San Antonio	TX	78240	Self Storage	Self Storage
60	Storage Choice Clear Lake	CIIICM		14640-B Highway 3	Webster	TX	77598	Self Storage	Self Storage
61	Saratoga Storage	WFB		2148 North Stagecoach Drive	Saratoga Springs	UT	84045	Self Storage	Self Storage
62	Storage Depot - McAllen	WFB		6600 North 10th Street	McAllen	TX	78504	Self Storage	Self Storage
63	Locust Street Owners Inc.	NCB, FSB		663-673 Locust Street	Mount Vernon	NY	10552	Multifamily	Cooperative
64	Bridge Road Storage	LIG I		12825 Southeast Suzanne Drive	Hobe Sound	FL	33455	Self Storage	Self Storage
65	Midtown Manor Apartments, Ltd.	NCB, FSB		211 East 35th Street	New York	NY	10016	Multifamily	Cooperative
66	Cedar River Estates MHC	WFB		400 Cedar River Drive	Fowlerville	MI	48836	Manufactured Housing Community	Manufactured Housing Community
67	Elmhurst House, Inc.	NCB, FSB		88-11 Elmhurst Avenue	Elmhurst	NY	11373	Multifamily	Cooperative
68	270 King Street	WFB		270 King Street	Charleston	SC	29401	Retail	Unanchored
69	Storage Depot - Highway 77	WFB		654 North Expressway	Brownsville	TX	78521	Self Storage	Self Storage
70	130 E. 94th Apartments Corp.	NCB, FSB		130 East 94th Street	New York	NY	10128	Multifamily	Cooperative
71	95 Sedgwick Owners Corp.	NCB, FSB		95 Sedgwick Avenue	Yonkers	NY	10705	Multifamily	Cooperative
72	Extra Space Palm Springs	WFB		2055 Executive Drive	Palm Springs	CA	92262	Self Storage	Self Storage
73	2640 Marion Avenue Owners, Inc.	NCB, FSB		2640 Marion Avenue	Bronx	NY	10458	Multifamily	Cooperative
74	Bedford Square Apartments	WFB		42272 Addison Avenue	Canton Township	MI	48187	Multifamily	Garden
75	Kentwood MHC	WFB		6122 Division Avenue Southeast	Grand Rapids	MI	49548	Manufactured Housing Community	Manufactured Housing Community
76	Shops on Veterans	WFB		2701-2705 Veterans Memorial Boulevard	Kenner	LA	70062	Retail	Shadow Anchored
77	Groff Studios Corp.	NCB, FSB		151 West 28th Street	New York	NY	10001	Multifamily	Cooperative
78	828 Fifth Avenue Owners Corp.	NCB, FSB		828 Fifth Avenue	New York	NY	10065	Multifamily	Cooperative
79	Samuell Self Storage	WFB		3940 Samuell Boulevard	Mesquite	TX	75149	Self Storage	Self Storage
80	Clark Street Tenants Incorporated	NCB, FSB		15 Clark Street	Brooklyn	NY	11201	Multifamily	Cooperative
81	61 Irving Place Corporation	NCB, FSB		61 Irving Place	New York	NY	10003	Multifamily	Cooperative
82	444 East 87th Street Owners Corp.	NCB, FSB		444 East 87th Street	New York	NY	10128	Multifamily	Cooperative
83	Longhorn Self Storage	WFB		131 Longhorn Road	Fort Worth	TX	76179	Self Storage	Self Storage
84	40 W. 22nd St. Tenants Cooperative Corp.	NCB, FSB		40 West 22nd Street	New York	NY	10010	Multifamily	Cooperative
85	Cheney Center	CIIICM		640 West Debbie Lane	Mansfield	TX	76063	Retail	Unanchored
86	323 West 83rd Owners Corp.	NCB, FSB		323 West 83rd Street	New York	NY	10024	Multifamily	Cooperative
87	Gibbons Commons Apartments	WFB		160 19th Avenue	North Tonawanda	NY	14120	Multifamily	Senior Housing
88	Dollar General - Ocoee	WFB		1851 East Silver Star Road	Ocoee	FL	34761	Retail	Single Tenant
89	Trinity Arms Ltd.	NCB, FSB		25 Trinity Place	New Rochelle	NY	10805	Multifamily	Cooperative
90	Garden Lofts Corp.	NCB, FSB		131 - 133 West 28th Street	New York	NY	10001	Multifamily	Cooperative
91	Merritt Island MHC	WFB		3535 North Tropical Trail	Merritt Island	FL	32953	Manufactured Housing Community	Manufactured Housing Community
92	256 West 21st Owners Corp.	NCB, FSB		256-260 West 21st Street	New York	NY	10011	Multifamily	Cooperative

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Year Built	Year Renovated	Number of Units(2)	Unit of Measure	Cut-off Date Balance Per Unit/SF/ Room/Pad ($)(3)
1	Bank of America Plaza	1974	2009	1,432,285	Sq. Ft.	279
2	Crossings at Corona	2004		834,075	Sq. Ft.	174
3	Columbus Square Portfolio	2007		494,224	Sq. Ft.	809
4	DC Metro Mixed Use Portfolio	Various	Various	158,121	Sq. Ft.	402
4.01	920-928 Rhode Island Avenue	1927	2014	40,746	Sq. Ft.
4.02	875 N Street	1888	2007	27,354	Sq. Ft.
4.03	119-125 N. Washington Street	1950	1998	25,738	Sq. Ft.
4.04	2000 S Street	1890	1990	10,800	Sq. Ft.
4.05	717 6th Street NW	1928	2014	7,650	Sq. Ft.
4.06	700 King Street	1940		4,584	Sq. Ft.
4.07	1330 U Street	1900		7,570	Sq. Ft.
4.08	100 King Street	1871		6,482	Sq. Ft.
4.09	301 Pennsylvania Avenue	1925	2014	4,300	Sq. Ft.
4.10	705 6th Street	2013		4,200	Sq. Ft.
4.11	3343 Prospect Street	1923	2014	3,337	Sq. Ft.
4.12	856 Rockville Pike	1970		4,795	Sq. Ft.
4.13	106 N. Washington Street	1928		3,935	Sq. Ft.
4.14	438 Massachusetts Avenue	1900	2011	3,619	Sq. Ft.
4.15	1726 20th Street	1900		3,011	Sq. Ft.
5	Centennial Center & Two Century Center	Various		493,428	Sq. Ft.	86
5.01	Centennial Center	1980		272,251	Sq. Ft.
5.02	Two Century Tower	1989		221,177	Sq. Ft.
6	677 Broadway	2004		177,039	Sq. Ft.	163
7	Homewood Suites - New Orleans	2002	2014	166	Rooms	162,370
8	Culver City Office Portfolio	1924	1987	93,977	Sq. Ft.	269
9	Slatten Ranch Shopping Center	2003		118,250	Sq. Ft.	213
10	Simi Valley Shopping Center	1991	2013	218,698	Sq. Ft.	101
11	Stratford at Hillcrest	2007		336	Units	64,881
12	Marriott Bakersfield	1995	2008	259	Rooms	83,012
13	Pomona Ranch Plaza	2014		100,000	Sq. Ft.	178
14	Courtyard by Marriott - Orlando	1999	2012	200	Rooms	81,156
15	The Shops at Starwood	2007		55,385	Sq. Ft.	258
16	The Shops at Pecos Ranch	2009		78,767	Sq. Ft.	178
17	Main Street & South Park	1960	1993	143,739	Sq. Ft.	87
17.01	South Park	1960	1993	104,355	Sq. Ft.
17.02	Main Street	1960	1993	39,384	Sq. Ft.
18	Schlumberger Office	1982	2010	155,324	Sq. Ft.	80
19	All Storage Hwy 66	1998		185,175	Sq. Ft.	60
20	Corridors Deer Valley	2001		164,410	Sq. Ft.	64
21	BJ’s Wholesale Club - Jacksonville	2005		119,598	Sq. Ft.	88
22	Holiday Inn Express - Flint and Fairfield Inn Madison	Various	Various	240	Rooms	42,020
22.01	Fairfield Inn - Madison Heights	1989	2013	120	Rooms
22.02	Holiday Inn Express - Flint	1986	2012	120	Rooms
23	Gateway Plaza	2008		138,452	Sq. Ft.	70
24	Promenade Merced	2005		56,131	Sq. Ft.	169
25	Victory Village	2007		71,300	Sq. Ft.	130
26	Hampton Inn & Suites Lenox	2008		79	Rooms	116,456
27	East Forest Plaza II	2005		109,080	Sq. Ft.	83
28	San Rafael Self Storage	2002		35,724	Sq. Ft.	246
29	All Storage Mustang Mini	1996		159,160	Sq. Ft.	50
30	Marley Park Plaza	2007		77,545	Sq. Ft.	102
31	English Oaks Apartments	1967	2014	212	Units	35,377
32	WMA Shadow Portfolio	Various		68,370	Sq. Ft.	107
32.01	Spring Lake Town Center	2004		29,760	Sq. Ft.
32.02	Metro Junction	2002		23,980	Sq. Ft.
32.03	Center Stage at Winder	2003		14,630	Sq. Ft.

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Year Built	Year Renovated	Number of Units(2)	Unit of Measure	Cut-off Date Balance Per Unit/SF/ Room/Pad ($)(3)
33	Larchmont Village Plaza	1925	1987	16,297	Sq. Ft.	430
34	Jordan Hospital Medical Office	2013		30,803	Sq. Ft.	209
35	Shiloh Business Park	2004		64,492	Sq. Ft.	93
36	Temescal Storage Center	2007		111,699	Sq. Ft.	53
37	Storage Choice Sugar Land	1998		61,813	Sq. Ft.	91
38	Chateau Villa Corp.	1978	1993	177	Units	31,073
39	Storage Choice Pearland	1998		75,225	Sq. Ft.	70
40	Country Life MHP	1974		307	Pads	16,938
41	Western Square Shopping Center	1975	2002	78,158	Sq. Ft.	62
42	La Quinta - Lexington	1999	2009	72	Rooms	65,972
43	Brittany Estates	1971		171	Pads	27,485
44	All Storage Mustang SC	1972		117,319	Sq. Ft.	36
45	StorQuest - Hollywood	1988		25,402	Sq. Ft.	159
46	DAK Equities Corp.	1923	1996	42	Units	95,238
47	Comfort Suites - Wilmington	2002		73	Rooms	54,795
48	Storage Depot - Regal Row	1992		74,180	Sq. Ft.	52
49	Big Bend Storage	2003		69,100	Sq. Ft.	55
50	Mark Twain Owners’ Corp.	1958	1991	80	Units	44,375
51	Town Lakes Self Storage	2008		62,575	Sq. Ft.	56
52	Renaissance Park I	2000		29,488	Sq. Ft.	119
53	Hidden Meadows, Inc.	1971	1999	135	Units	25,926
54	Storage Choice Stafford	2000		65,725	Sq. Ft.	51
55	Walgreens - Albuquerque	2004		14,560	Sq. Ft.	230
56	Kingsgate Village Apartments	1980	1990	72	Units	45,757
57	StorQuest - Kalihi	1951		22,331	Sq. Ft.	137
58	Statewide Self Storage	2000		37,863	Sq. Ft.	75
59	Storage Depot - Huebner Commons	2006		52,375	Sq. Ft.	54
60	Storage Choice Clear Lake	1999		49,910	Sq. Ft.	55
61	Saratoga Storage	2011		65,310	Sq. Ft.	42
62	Storage Depot - McAllen	2002		43,300	Sq. Ft.	64
63	Locust Street Owners Inc.	1928	1997	84	Units	29,722
64	Bridge Road Storage	1992		42,898	Sq. Ft.	56
65	Midtown Manor Apartments, Ltd.	1929	2006	75	Units	32,000
66	Cedar River Estates MHC	1969		119	Pads	20,168
67	Elmhurst House, Inc.	1935	1998	81	Units	29,590
68	270 King Street	1872	2007	6,794	Sq. Ft.	346
69	Storage Depot - Highway 77	1982		43,270	Sq. Ft.	54
70	130 E. 94th Apartments Corp.	1923	2007	45	Units	51,043
71	95 Sedgwick Owners Corp.	1954	1999	59	Units	37,239
72	Extra Space Palm Springs	1977		69,782	Sq. Ft.	29
73	2640 Marion Avenue Owners, Inc.	1960	2010	71	Units	28,169
74	Bedford Square Apartments	1974		48	Units	41,618
75	Kentwood MHC	1960		189	Pads	10,053
76	Shops on Veterans	1980	2008	14,318	Sq. Ft.	131
77	Groff Studios Corp.	1922	2004	16	Units	115,625
78	828 Fifth Avenue Owners Corp.	1893	1994	5	Units	360,000
79	Samuell Self Storage	1983		70,336	Sq. Ft.	23
80	Clark Street Tenants Incorporated	1915	2001	26	Units	61,538
81	61 Irving Place Corporation	1900	2006	28	Units	57,067
82	444 East 87th Street Owners Corp.	1874	2012	40	Units	38,750
83	Longhorn Self Storage	1983		49,120	Sq. Ft.	32
84	40 W. 22nd St. Tenants Cooperative Corp.	1909	2002	14	Units	107,143
85	Cheney Center	2002		11,375	Sq. Ft.	132
86	323 West 83rd Owners Corp.	1897	1984	24	Units	62,500
87	Gibbons Commons Apartments	1986	2014	60	Units	24,167
88	Dollar General - Ocoee	2014		12,382	Sq. Ft.	105
89	Trinity Arms Ltd.	1966	2004	35	Units	35,667
90	Garden Lofts Corp.	1908	2008	22	Units	54,545
91	Merritt Island MHC	1960		73	Pads	15,068
92	256 West 21st Owners Corp.	1895	2012	35	Units	28,533

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Original Balance ($)(3)	Cut-off Date Balance ($)(3)	% of Aggregate Cut-off Date Balance(3)	Maturity Date or ARD Balloon Payment ($)(3)	ARD Loan	Origination Date	First Pay Date(4)	Last IO Pay Date	First P&I Pay Date(4)	Maturity Date or Anticipated Repayment Date	ARD Loan Maturity Date	Gross Mortgage Rate	Trust Advisor Ongoing Fee	Certificate Administrator Fee Rate
1	Bank of America Plaza	116,670,000	116,670,000	12.4%	116,670,000	N	8/7/2014	10/1/2014	9/1/2024		9/1/2024		4.05000%	0.00000%	0.00479%
2	Crossings at Corona	75,000,000	75,000,000	8.0%	65,344,734	N	9/11/2014	10/11/2014	9/11/2017	10/11/2017	9/11/2024		4.30000%	0.00280%	0.00479%
3	Columbus Square Portfolio	75,000,000	75,000,000	8.0%	68,770,637	N	8/8/2014	9/11/2014	2/11/2018	3/11/2018	8/11/2024		4.57000%	0.00000%	0.00479%
4	DC Metro Mixed Use Portfolio	63,487,500	63,487,500	6.7%	54,889,578	N	7/17/2014	9/1/2014	2/1/2017	3/1/2017	8/1/2024		4.50000%	0.00280%	0.00479%
4.01	920-928 Rhode Island Avenue	17,400,000	17,400,000	1.8%
4.02	875 N Street	8,925,000	8,925,000	0.9%
4.03	119-125 N. Washington Street	5,850,000	5,850,000	0.6%
4.04	2000 S Street	4,125,000	4,125,000	0.4%
4.05	717 6th Street NW	3,900,000	3,900,000	0.4%
4.06	700 King Street	3,412,500	3,412,500	0.4%
4.07	1330 U Street	3,225,000	3,225,000	0.3%
4.08	100 King Street	3,225,000	3,225,000	0.3%
4.09	301 Pennsylvania Avenue	2,925,000	2,925,000	0.3%
4.10	705 6th Street	2,250,000	2,250,000	0.2%
4.11	3343 Prospect Street	2,175,000	2,175,000	0.2%
4.12	856 Rockville Pike	1,800,000	1,800,000	0.2%
4.13	106 N. Washington Street	1,575,000	1,575,000	0.2%
4.14	438 Massachusetts Avenue	1,575,000	1,575,000	0.2%
4.15	1726 20th Street	1,125,000	1,125,000	0.1%
5	Centennial Center & Two Century Center	42,500,000	42,500,000	4.5%	37,730,820	N	8/8/2014	10/1/2014	3/1/2018	4/1/2018	9/1/2024		4.60000%	0.00280%	0.00479%
5.01	Centennial Center	22,125,000	22,125,000	2.4%
5.02	Two Century Tower	20,375,000	20,375,000	2.2%
6	677 Broadway	28,875,000	28,875,000	3.1%	23,329,752	N	8/25/2014	10/1/2014		10/1/2014	9/1/2024		4.48000%	0.00280%	0.00479%
7	Homewood Suites - New Orleans	27,000,000	26,953,433	2.9%	19,712,388	N	7/17/2014	9/11/2014		9/11/2014	8/11/2024		4.36000%	0.00280%	0.00479%
8	Culver City Office Portfolio	25,300,000	25,300,000	2.7%	20,441,306	N	9/8/2014	10/11/2014		10/11/2014	9/11/2024		4.48000%	0.00280%	0.00479%
9	Slatten Ranch Shopping Center	25,200,000	25,200,000	2.7%	22,988,927	N	7/11/2014	8/11/2014	7/11/2019	8/11/2019	7/11/2024		4.30000%	0.00280%	0.00479%
10	Simi Valley Shopping Center	22,000,000	22,000,000	2.3%	17,788,218	N	9/11/2014	10/1/2014	10/1/2014	11/1/2014	10/1/2024		4.50000%	0.00280%	0.00479%
11	Stratford at Hillcrest	21,800,000	21,800,000	2.3%	19,083,081	N	9/4/2014	10/1/2014	10/1/2017	11/1/2017	10/1/2024		4.50000%	0.00280%	0.00479%
12	Marriott Bakersfield	21,500,000	21,500,000	2.3%	20,846,144	N	9/9/2014	10/1/2014	10/1/2017	11/1/2017	10/1/2019		4.72200%	0.00280%	0.00479%
13	Pomona Ranch Plaza	17,750,000	17,750,000	1.9%	13,136,389	N	9/12/2014	10/1/2014	10/1/2014	11/1/2014	10/1/2024		4.72000%	0.00280%	0.00479%
14	Courtyard by Marriott - Orlando	16,250,000	16,231,234	1.7%	13,202,207	N	7/17/2014	9/11/2014		9/11/2014	8/11/2024		4.64000%	0.00280%	0.00479%
15	The Shops at Starwood	14,300,000	14,300,000	1.5%	13,053,268	N	8/26/2014	10/11/2014	9/11/2019	10/11/2019	9/11/2024		4.34000%	0.00280%	0.00479%
16	The Shops at Pecos Ranch	14,000,000	14,000,000	1.5%	12,209,190	N	9/3/2014	10/11/2014	9/11/2017	10/11/2017	9/11/2024		4.34000%	0.00280%	0.00479%
17	Main Street & South Park	12,563,000	12,563,000	1.3%	10,292,392	N	9/12/2014	10/1/2014	10/1/2014	11/1/2014	10/1/2024		4.89000%	0.00280%	0.00479%
17.01	South Park	6,335,221	6,335,221	0.7%
17.02	Main Street	6,227,779	6,227,779	0.7%
18	Schlumberger Office	12,410,000	12,410,000	1.3%	10,044,518	N	9/4/2014	10/1/2014	10/1/2014	11/1/2014	10/1/2024		4.53000%	0.00280%	0.00479%
19	All Storage Hwy 66	11,200,000	11,200,000	1.2%	9,035,690	N	8/29/2014	10/1/2014		10/1/2014	9/1/2024		4.43700%	0.00280%	0.00479%
20	Corridors Deer Valley	10,600,000	10,600,000	1.1%	10,011,691	N	8/20/2014	10/11/2014	9/11/2016	10/11/2016	9/11/2019		3.77000%	0.00280%	0.00479%
21	BJ’s Wholesale Club - Jacksonville	10,500,000	10,500,000	1.1%	8,931,384	N	7/22/2014	9/1/2014	8/1/2016	9/1/2016	8/1/2024		4.35000%	0.00280%	0.00479%
22	Holiday Inn Express - Flint and Fairfield Inn Madison	10,100,000	10,084,750	1.1%	7,582,785	N	7/21/2014	9/1/2014		9/1/2014	8/1/2024		5.11000%	0.00280%	0.00479%
22.01	Fairfield Inn - Madison Heights	6,540,000	6,530,125	0.7%
22.02	Holiday Inn Express - Flint	3,560,000	3,554,625	0.4%
23	Gateway Plaza	9,750,000	9,750,000	1.0%	8,500,988	N	8/21/2014	10/11/2014		10/11/2014	9/11/2021		4.33000%	0.00280%	0.00479%
24	Promenade Merced	9,500,000	9,488,854	1.0%	7,699,842	N	7/31/2014	9/11/2014		9/11/2014	8/11/2024		4.57000%	0.00280%	0.00479%
25	Victory Village	9,250,000	9,250,000	1.0%	8,078,139	N	8/20/2014	10/11/2014	9/11/2017	10/11/2017	9/11/2024		4.40000%	0.00280%	0.00479%
26	Hampton Inn & Suites Lenox	9,200,000	9,200,000	1.0%	5,717,680	N	8/18/2014	10/1/2014		10/1/2014	9/1/2024		4.66000%	0.00280%	0.00479%
27	East Forest Plaza II	9,075,000	9,075,000	1.0%	7,362,401	N	8/20/2014	10/1/2014		10/1/2014	9/1/2024		4.60000%	0.00280%	0.00479%
28	San Rafael Self Storage	8,800,000	8,800,000	0.9%	8,800,000	N	7/11/2014	8/11/2014	7/11/2024		7/11/2024		4.56000%	0.00280%	0.00479%
29	All Storage Mustang Mini	8,000,000	8,000,000	0.9%	6,452,501	N	8/29/2014	10/1/2014		10/1/2014	9/1/2024		4.43000%	0.00280%	0.00479%
30	Marley Park Plaza	7,900,000	7,900,000	0.8%	6,493,097	N	8/15/2014	10/11/2014		10/11/2014	9/11/2024		4.99000%	0.00280%	0.00479%
31	English Oaks Apartments	7,500,000	7,500,000	0.8%	6,087,734	N	8/26/2014	10/1/2014		10/1/2014	9/1/2024		4.61500%	0.00280%	0.00479%
32	WMA Shadow Portfolio	7,331,250	7,331,250	0.8%	6,542,139	N	9/3/2014	10/11/2014	9/11/2018	10/11/2018	9/11/2024		4.31000%	0.00280%	0.00479%
32.01	Spring Lake Town Center	3,075,000	3,075,000	0.3%
32.02	Metro Junction	2,250,000	2,250,000	0.2%
32.03	Center Stage at Winder	2,006,250	2,006,250	0.2%

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Original Balance ($)(3)	Cut-off Date Balance ($)(3)	% of Aggregate Cut-off Date Balance(3)	Maturity Date or ARD Balloon Payment ($)(3)	ARD Loan	Origination Date	First Pay Date(4)	Last IO Pay Date	First P&I Pay Date(4)	Maturity Date or Anticipated Repayment Date	ARD Loan Maturity Date	Gross Mortgage Rate	Trust Advisor Ongoing Fee	Certificate Administrator Fee Rate
33	Larchmont Village Plaza	7,000,000	7,000,000	0.7%	7,000,000	N	7/29/2014	9/11/2014	8/11/2024		8/11/2024		4.05000%	0.00280%	0.00479%
34	Jordan Hospital Medical Office	6,435,000	6,435,000	0.7%	5,873,970	N	8/25/2014	10/11/2014	9/11/2019	10/11/2019	9/11/2024		4.34000%	0.00280%	0.00479%
35	Shiloh Business Park	6,000,000	6,000,000	0.6%	6,000,000	N	8/29/2014	10/1/2014	9/1/2024		9/1/2024		4.57900%	0.00280%	0.00479%
36	Temescal Storage Center	5,900,000	5,900,000	0.6%	5,900,000	N	8/1/2014	9/11/2014	8/11/2024		8/11/2024		4.29000%	0.00280%	0.00479%
37	Storage Choice Sugar Land	5,640,000	5,640,000	0.6%	4,574,329	N	9/9/2014	10/5/2014	10/5/2014	11/5/2014	10/5/2024		4.59000%	0.00280%	0.00479%
38	Chateau Villa Corp.	5,500,000	5,500,000	0.6%	4,867,098	N	9/2/2014	10/1/2014	10/1/2014	11/1/2014	10/1/2024		4.10000%	0.00280%	0.00479%
39	Storage Choice Pearland	5,250,000	5,250,000	0.6%	4,258,020	N	9/9/2014	10/5/2014	10/5/2014	11/5/2014	10/5/2024		4.59000%	0.00280%	0.00479%
40	Country Life MHP	5,200,000	5,200,000	0.6%	4,761,296	N	9/2/2014	10/2/2014	9/2/2019	10/2/2019	9/2/2024		4.53000%	0.00280%	0.00479%
41	Western Square Shopping Center	4,850,000	4,850,000	0.5%	3,892,777	N	8/28/2014	10/1/2014		10/1/2014	9/1/2024		4.29000%	0.00280%	0.00479%
42	La Quinta - Lexington	4,750,000	4,750,000	0.5%	3,525,839	N	9/8/2014	10/1/2014	10/1/2014	11/1/2014	10/1/2024		4.80000%	0.00280%	0.00479%
43	Brittany Estates	4,700,000	4,700,000	0.5%	4,303,134	N	8/20/2014	10/1/2014	9/1/2019	10/1/2019	9/1/2024		4.52500%	0.00280%	0.00479%
44	All Storage Mustang SC	4,200,000	4,200,000	0.4%	3,388,384	N	8/29/2014	10/1/2014		10/1/2014	9/1/2024		4.43700%	0.00280%	0.00479%
45	StorQuest - Hollywood	4,050,000	4,050,000	0.4%	3,460,948	N	7/1/2014	8/1/2014	7/1/2016	8/1/2016	7/1/2024		4.52000%	0.00280%	0.00479%
46	DAK Equities Corp.	4,000,000	4,000,000	0.4%	4,000,000	N	7/30/2014	9/1/2014	8/1/2024		8/1/2024		4.00000%	0.00280%	0.00479%
47	Comfort Suites - Wilmington	4,000,000	4,000,000	0.4%	2,981,202	N	9/12/2014	10/1/2014	10/1/2014	11/1/2014	10/1/2024		4.91000%	0.00280%	0.00479%
48	Storage Depot - Regal Row	3,850,000	3,850,000	0.4%	3,362,382	N	7/30/2014	9/11/2014	8/11/2017	9/11/2017	8/11/2024		4.40000%	0.00280%	0.00479%
49	Big Bend Storage	3,825,000	3,825,000	0.4%	3,278,768	N	8/25/2014	10/1/2014	9/1/2016	10/1/2016	9/1/2024		4.64000%	0.00280%	0.00479%
50	Mark Twain Owners’ Corp.	3,550,000	3,550,000	0.4%	2,820,058	N	8/29/2014	10/1/2014		10/1/2014	9/1/2024		4.00000%	0.00280%	0.00479%
51	Town Lakes Self Storage	3,525,000	3,525,000	0.4%	3,028,744	N	8/25/2014	10/1/2014	9/1/2016	10/1/2016	9/1/2024		4.73000%	0.00280%	0.00479%
52	Renaissance Park I	3,500,000	3,500,000	0.4%	3,049,535	N	8/11/2014	9/11/2014	8/11/2017	9/11/2017	8/11/2024		4.30000%	0.00280%	0.00479%
53	Hidden Meadows, Inc.	3,500,000	3,500,000	0.4%	2,780,459	N	9/2/2014	10/1/2014	10/1/2014	11/1/2014	10/1/2024		4.00000%	0.00280%	0.00479%
54	Storage Choice Stafford	3,350,000	3,350,000	0.4%	2,717,022	N	9/9/2014	10/5/2014	10/5/2014	11/5/2014	10/5/2024		4.59000%	0.00280%	0.00479%
55	Walgreens - Albuquerque	3,350,000	3,346,219	0.4%	2,730,888	N	8/1/2014	9/1/2014		9/1/2014	8/1/2024		4.74000%	0.00280%	0.00479%
56	Kingsgate Village Apartments	3,300,000	3,294,484	0.4%	2,425,854	N	7/31/2014	9/11/2014		9/11/2014	8/11/2024		4.54000%	0.00280%	0.00479%
57	StorQuest - Kalihi	3,067,500	3,067,500	0.3%	2,628,190	N	7/25/2014	9/1/2014	8/1/2016	9/1/2016	8/1/2024		4.62000%	0.00280%	0.00479%
58	Statewide Self Storage	2,835,000	2,830,253	0.3%	2,083,242	N	8/7/2014	9/11/2014		9/11/2014	8/11/2024		4.53000%	0.00280%	0.00479%
59	Storage Depot - Huebner Commons	2,825,000	2,825,000	0.3%	2,467,202	N	7/30/2014	9/11/2014	8/11/2017	9/11/2017	8/11/2024		4.40000%	0.00280%	0.00479%
60	Storage Choice Clear Lake	2,768,000	2,768,000	0.3%	2,244,990	N	9/9/2014	10/5/2014	10/5/2014	11/5/2014	10/5/2024		4.59000%	0.00280%	0.00479%
61	Saratoga Storage	2,765,000	2,765,000	0.3%	2,043,126	N	8/8/2014	10/1/2014		10/1/2014	9/1/2024		4.68000%	0.00280%	0.00479%
62	Storage Depot - McAllen	2,750,000	2,750,000	0.3%	2,401,701	N	7/30/2014	9/11/2014	8/11/2017	9/11/2017	8/11/2024		4.40000%	0.00280%	0.00479%
63	Locust Street Owners Inc.	2,500,000	2,496,676	0.3%	1,986,066	N	7/25/2014	9/1/2014		9/1/2014	8/1/2024		4.00000%	0.00280%	0.00479%
64	Bridge Road Storage	2,400,000	2,400,000	0.3%	2,066,944	N	8/25/2014	10/1/2014	9/1/2016	10/1/2016	9/1/2024		4.82000%	0.00280%	0.00479%
65	Midtown Manor Apartments, Ltd.	2,400,000	2,400,000	0.3%	1,906,517	N	8/29/2014	10/1/2014		10/1/2014	9/1/2024		4.00000%	0.00280%	0.00479%
66	Cedar River Estates MHC	2,400,000	2,400,000	0.3%	1,758,106	N	9/2/2014	10/11/2014		10/11/2014	9/11/2024		4.45000%	0.00280%	0.00479%
67	Elmhurst House, Inc.	2,400,000	2,396,809	0.3%	1,906,623	N	7/31/2014	9/1/2014		9/1/2014	8/1/2024		4.00000%	0.00280%	0.00479%
68	270 King Street	2,350,000	2,350,000	0.2%	1,885,528	N	9/5/2014	10/11/2014		10/11/2014	9/11/2024		4.28000%	0.00280%	0.00479%
69	Storage Depot - Highway 77	2,325,000	2,325,000	0.2%	2,030,530	N	7/30/2014	9/11/2014	8/11/2017	9/11/2017	8/11/2024		4.40000%	0.00280%	0.00479%
70	130 E. 94th Apartments Corp.	2,300,000	2,296,942	0.2%	1,827,181	N	7/29/2014	9/1/2014		9/1/2014	8/1/2024		4.00000%	0.00280%	0.00479%
71	95 Sedgwick Owners Corp.	2,200,000	2,197,075	0.2%	1,747,737	N	7/31/2014	9/1/2014		9/1/2014	8/1/2024		4.00000%	0.00280%	0.00479%
72	Extra Space Palm Springs	2,000,000	2,000,000	0.2%	1,828,018	N	9/8/2014	10/11/2014	9/11/2019	10/11/2019	9/11/2024		4.42000%	0.00280%	0.00479%
73	2640 Marion Avenue Owners, Inc.	2,000,000	2,000,000	0.2%	1,585,313	N	8/29/2014	10/1/2014		10/1/2014	9/1/2024		3.94000%	0.00280%	0.00479%
74	Bedford Square Apartments	2,000,000	1,997,685	0.2%	1,624,335	N	8/1/2014	9/11/2014		9/11/2014	8/11/2024		4.63000%	0.00280%	0.00479%
75	Kentwood MHC	1,900,000	1,900,000	0.2%	1,537,231	N	8/15/2014	10/11/2014		10/11/2014	9/11/2024		4.52000%	0.00280%	0.00479%
76	Shops on Veterans	1,870,000	1,870,000	0.2%	1,514,515	N	8/25/2014	10/11/2014		10/11/2014	9/11/2024		4.55000%	0.00280%	0.00479%
77	Groff Studios Corp.	1,850,000	1,850,000	0.2%	1,850,000	N	7/24/2014	9/1/2014	8/1/2024		8/1/2024		4.00000%	0.00280%	0.00479%
78	828 Fifth Avenue Owners Corp.	1,800,000	1,800,000	0.2%	1,429,888	N	8/28/2014	10/1/2014		10/1/2014	9/1/2024		4.00000%	0.00280%	0.00479%
79	Samuell Self Storage	1,635,000	1,635,000	0.2%	1,322,374	N	8/22/2014	10/11/2014		10/11/2014	9/11/2024		4.51000%	0.00280%	0.00479%
80	Clark Street Tenants Incorporated	1,600,000	1,600,000	0.2%	1,416,255	N	8/27/2014	10/1/2014		10/1/2014	9/1/2024		4.11000%	0.00280%	0.00479%
81	61 Irving Place Corporation	1,600,000	1,597,872	0.2%	1,271,083	N	7/25/2014	9/1/2014		9/1/2014	8/1/2024		4.00000%	0.00280%	0.00479%
82	444 East 87th Street Owners Corp.	1,550,000	1,550,000	0.2%	1,370,407	N	9/2/2014	10/1/2014	10/1/2014	11/1/2014	10/1/2024		4.07000%	0.00280%	0.00479%
83	Longhorn Self Storage	1,550,000	1,550,000	0.2%	1,253,627	N	8/22/2014	10/11/2014		10/11/2014	9/11/2024		4.51000%	0.00280%	0.00479%
84	40 W. 22nd St. Tenants Cooperative Corp.	1,500,000	1,500,000	0.2%	1,500,000	N	8/27/2014	10/1/2014	9/1/2024		9/1/2024		4.00000%	0.00280%	0.00479%
85	Cheney Center	1,500,000	1,500,000	0.2%	1,226,451	N	9/2/2014	10/1/2014	10/1/2014	11/1/2014	10/1/2024		4.83000%	0.00280%	0.00479%
86	323 West 83rd Owners Corp.	1,500,000	1,500,000	0.2%	1,191,574	N	8/26/2014	10/1/2014		10/1/2014	9/1/2024		4.00000%	0.00280%	0.00479%
87	Gibbons Commons Apartments	1,450,000	1,450,000	0.2%	1,169,111	N	9/2/2014	10/11/2014		10/11/2014	9/11/2024		4.42000%	0.00280%	0.00479%
88	Dollar General - Ocoee	1,300,000	1,298,087	0.1%	980,932	N	7/10/2014	9/1/2014		9/1/2014	8/1/2024		5.25000%	0.00280%	0.00479%
89	Trinity Arms Ltd.	1,250,000	1,248,338	0.1%	993,033	N	8/1/2014	9/1/2014		9/1/2014	8/1/2024		4.00000%	0.00280%	0.00479%
90	Garden Lofts Corp.	1,200,000	1,200,000	0.1%	953,259	N	8/28/2014	10/1/2014		10/1/2014	9/1/2024		4.00000%	0.00280%	0.00479%
91	Merritt Island MHC	1,100,000	1,100,000	0.1%	885,681	N	8/15/2014	10/11/2014		10/11/2014	9/11/2024		4.38000%	0.00280%	0.00479%
92	256 West 21st Owners Corp.	1,000,000	998,670	0.1%	794,427	N	7/30/2014	9/1/2014		9/1/2014	8/1/2024		4.00000%	0.00280%	0.00479%

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Servicing Fee	CREFC® IP Royalty License Fee Rate	Net Mortgage Rate	Interest Accrual Method	Monthly P&I Payment ($)	Amortization Type	Interest Accrual Method During IO	Original Term to Maturity or ARD (Mos.)(4)	Remaining Term to Maturity or ARD (Mos.)	Original IO Period (Mos.)(4)	Remaining IO Period (Mos.)	Original Amort Term (Mos.)	Remaining Amort Term (Mos.)	Seasoning (Mos.)	Prepayment Provisions(4)(6)	Grace Period Default (Days)	Grace Period Late (Days)(5)
1	Bank of America Plaza	0.02000%	0.00050%	4.02471%	Actual/360	399,230.16	Interest-only, Balloon	Actual/360	120	120	120	120	0	0	0	L(24),D(89),O(7)	5	5
2	Crossings at Corona	0.02000%	0.00050%	4.27191%	Actual/360	371,153.58	Interest-only, Amortizing Balloon	Actual/360	120	120	36	36	360	360	0	L(24),D(89),O(7)	0	5
3	Columbus Square Portfolio	0.02000%	0.00050%	4.54471%	Actual/360	358,200.82	Interest-only, Amortizing Balloon	Actual/360	120	119	42	41	420	420	1	L(25),D(91),O(4)	0	5
4	DC Metro Mixed Use Portfolio	0.02000%	0.00050%	4.47191%	Actual/360	321,681.84	Interest-only, Amortizing Balloon	Actual/360	120	119	30	29	360	360	1	L(25),D(89),O(6)	5	0
4.01	920-928 Rhode Island Avenue
4.02	875 N Street
4.03	119-125 N. Washington Street
4.04	2000 S Street
4.05	717 6th Street NW
4.06	700 King Street
4.07	1330 U Street
4.08	100 King Street
4.09	301 Pennsylvania Avenue
4.10	705 6th Street
4.11	3343 Prospect Street
4.12	856 Rockville Pike
4.13	106 N. Washington Street
4.14	438 Massachusetts Avenue
4.15	1726 20th Street
5	Centennial Center & Two Century Center	0.08000%	0.00050%	4.51191%	Actual/360	217,873.86	Interest-only, Amortizing Balloon	Actual/360	120	120	42	42	360	360	0	L(24),D(91),O(5)	5	5
5.01	Centennial Center
5.02	Two Century Tower
6	677 Broadway	0.02000%	0.00050%	4.45191%	Actual/360	145,962.45	Amortizing Balloon		120	120	0	0	360	360	0	L(24),D(92),O(4)	5	5
7	Homewood Suites - New Orleans	0.02000%	0.00050%	4.33191%	Actual/360	147,937.32	Amortizing Balloon		120	119	0	0	300	299	1	L(25),D(91),O(4)	0	5
8	Culver City Office Portfolio	0.02000%	0.00050%	4.45191%	Actual/360	127,890.91	Amortizing Balloon		120	120	0	0	360	360	0	L(24),D(92),O(4)	0	5
9	Slatten Ranch Shopping Center	0.03000%	0.00050%	4.26191%	Actual/360	124,707.60	Interest-only, Amortizing Balloon	Actual/360	120	118	60	58	360	360	2	L(26),D(90),O(4)	0	5
10	Simi Valley Shopping Center	0.11000%	0.00050%	4.38191%	Actual/360	111,470.77	Interest-only, Amortizing Balloon	Actual/360	121	121	1	1	360	360	0	L(24),D(93),O(4)	5	5
11	Stratford at Hillcrest	0.02000%	0.00050%	4.47191%	Actual/360	110,457.40	Interest-only, Amortizing Balloon	Actual/360	121	121	37	37	360	360	0	L(24),D(93),O(4)	6	6
12	Marriott Bakersfield	0.02000%	0.00050%	4.69391%	Actual/360	111,791.60	Interest-only, Amortizing Balloon	Actual/360	61	61	37	37	360	360	0	L(24),D(33),O(4)	0	0
13	Pomona Ranch Plaza	0.02000%	0.00050%	4.69191%	Actual/360	100,889.79	Interest-only, Amortizing Balloon	Actual/360	121	121	1	1	300	300	0	L(24),D(94),O(3)	0	0
14	Courtyard by Marriott - Orlando	0.02000%	0.00050%	4.61191%	Actual/360	83,693.62	Amortizing Balloon		120	119	0	0	360	359	1	L(25),D(91),O(4)	0	5
15	The Shops at Starwood	0.05000%	0.00050%	4.28191%	Actual/360	71,102.89	Interest-only, Amortizing Balloon	Actual/360	120	120	60	60	360	360	0	L(24),D(92),O(4)	0	5
16	The Shops at Pecos Ranch	0.05000%	0.00050%	4.28191%	Actual/360	69,611.22	Interest-only, Amortizing Balloon	Actual/360	120	120	36	36	360	360	0	L(24),D(92),O(4)	0	5
17	Main Street & South Park	0.02000%	0.00050%	4.86191%	Actual/360	66,598.86	Interest-only, Amortizing Balloon	Actual/360	121	121	1	1	360	360	0	L(24),D(94),O(3)	5	5
17.01	South Park
17.02	Main Street
18	Schlumberger Office	0.02000%	0.00050%	4.50191%	Actual/360	63,101.05	Interest-only, Amortizing Balloon	Actual/360	121	121	1	1	360	360	0	L(24),D(95),O(2)	5	5
19	All Storage Hwy 66	0.02000%	0.00050%	4.40891%	Actual/360	56,330.27	Amortizing Balloon		120	120	0	0	360	360	0	L(24),D(92),O(4)	0	0
20	Corridors Deer Valley	0.02000%	0.00050%	3.74191%	Actual/360	49,210.63	Interest-only, Amortizing Balloon	Actual/360	60	60	24	24	360	360	0	L(24),D(31),O(5)	0	5
21	BJ’s Wholesale Club - Jacksonville	0.02000%	0.00050%	4.32191%	Actual/360	52,270.24	Interest-only, Amortizing Balloon	Actual/360	120	119	24	23	360	360	1	L(25),D(91),O(4)	5	5
22	Holiday Inn Express - Flint and Fairfield Inn Madison	0.02000%	0.00050%	5.08191%	Actual/360	59,692.70	Amortizing Balloon		120	119	0	0	300	299	1	L(25),D(93),O(2)	5	5
22.01	Fairfield Inn - Madison Heights
22.02	Holiday Inn Express - Flint
23	Gateway Plaza	0.02000%	0.00050%	4.30191%	Actual/360	48,421.87	Amortizing Balloon		84	84	0	0	360	360	0	L(24),D(50),O(10)	0	5
24	Promenade Merced	0.02000%	0.00050%	4.54191%	Actual/360	48,531.04	Amortizing Balloon		120	119	0	0	360	359	1	L(25),D(91),O(4)	0	5
25	Victory Village	0.02000%	0.00050%	4.37191%	Actual/360	46,320.38	Interest-only, Amortizing Balloon	Actual/360	120	120	36	36	360	360	0	L(24),D(89),O(7)	0	5
26	Hampton Inn & Suites Lenox	0.02000%	0.00050%	4.63191%	Actual/360	59,001.31	Amortizing Balloon		120	120	0	0	240	240	0	L(24),D(93),O(3)	0	0
27	East Forest Plaza II	0.02000%	0.00050%	4.57191%	Actual/360	46,522.48	Amortizing Balloon		120	120	0	0	360	360	0	L(24),D(92),O(4)	0	0
28	San Rafael Self Storage	0.02000%	0.00050%	4.53191%	Actual/360	33,904.44	Interest-only, Balloon	Actual/360	120	118	120	118	0	0	2	L(26),D(90),O(4)	0	5
29	All Storage Mustang Mini	0.02000%	0.00050%	4.40191%	Actual/360	40,202.77	Amortizing Balloon		120	120	0	0	360	360	0	L(24),D(92),O(4)	0	0
30	Marley Park Plaza	0.06000%	0.00050%	4.92191%	Actual/360	42,360.64	Amortizing Balloon		120	120	0	0	360	360	0	L(24),D(92),O(4)	0	5
31	English Oaks Apartments	0.02000%	0.00050%	4.58691%	Actual/360	38,515.59	Amortizing Balloon		120	120	0	0	360	360	0	L(24),GRTR 1% or YM(92),O(4)	5	5
32	WMA Shadow Portfolio	0.02000%	0.00050%	4.28191%	Actual/360	36,323.32	Interest-only, Amortizing Balloon	Actual/360	120	120	48	48	360	360	0	L(24),D(92),O(4)	0	5
32.01	Spring Lake Town Center
32.02	Metro Junction
32.03	Center Stage at Winder

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Servicing Fee	CREFC® IP Royalty License Fee Rate	Net Mortgage Rate	Interest Accrual Method	Monthly P&I Payment ($)	Amortization Type	Interest Accrual Method During IO	Original Term to Maturity or ARD (Mos.)(4)	Remaining Term to Maturity or ARD (Mos.)	Original IO Period (Mos.)(4)	Remaining IO Period (Mos.)	Original Amort Term (Mos.)	Remaining Amort Term (Mos.)	Seasoning (Mos.)	Prepayment Provisions(4)(6)	Grace Period Default (Days)	Grace Period Late (Days)(5)
33	Larchmont Village Plaza	0.02000%	0.00050%	4.02191%	Actual/360	23,953.13	Interest-only, Balloon	Actual/360	120	119	120	119	0	0	1	L(25),D(91),O(4)	0	5
34	Jordan Hospital Medical Office	0.02000%	0.00050%	4.31191%	Actual/360	31,996.30	Interest-only, Amortizing Balloon	Actual/360	120	120	60	60	360	360	0	L(24),GRTR 1% or YM(92),O(4)	0	5
35	Shiloh Business Park	0.02000%	0.00050%	4.55091%	Actual/360	23,212.99	Interest-only, Balloon	Actual/360	120	120	120	120	0	0	0	L(24),D(92),O(4)	5	5
36	Temescal Storage Center	0.02000%	0.00050%	4.26191%	Actual/360	21,385.45	Interest-only, Balloon	Actual/360	120	119	120	119	0	0	1	L(25),D(91),O(4)	0	5
37	Storage Choice Sugar Land	0.02000%	0.00050%	4.56191%	Actual/360	28,879.45	Interest-only, Amortizing Balloon	Actual/360	121	121	1	1	360	360	0	L(24),D(94),O(3)	0	0
38	Chateau Villa Corp.	0.08000%	0.00050%	4.01191%	Actual/360	23,329.86	Interest-only, Amortizing Balloon	Actual/360	121	121	1	1	480	480	0	L(1),5%(23),4%(24),3%(24),2%(24),1%(21),O(4)	10	10
39	Storage Choice Pearland	0.02000%	0.00050%	4.56191%	Actual/360	26,882.46	Interest-only, Amortizing Balloon	Actual/360	121	121	1	1	360	360	0	L(24),D(94),O(3)	0	0
40	Country Life MHP	0.02000%	0.00050%	4.50191%	Actual/360	26,440.41	Interest-only, Amortizing Balloon	Actual/360	120	120	60	60	360	360	0	L(24),D(92),O(4)	0	0
41	Western Square Shopping Center	0.02000%	0.00050%	4.26191%	Actual/360	23,972.79	Amortizing Balloon		120	120	0	0	360	360	0	L(24),D(92),O(4)	5	5
42	La Quinta - Lexington	0.02000%	0.00050%	4.77191%	Actual/360	27,217.36	Interest-only, Amortizing Balloon	Actual/360	121	121	1	1	300	300	0	L(24),D(95),O(2)	5	5
43	Brittany Estates	0.02000%	0.00050%	4.49691%	Actual/360	23,884.08	Interest-only, Amortizing Balloon	Actual/360	120	120	60	60	360	360	0	L(24),GRTR 1% or YM(92),O(4)	5	5
44	All Storage Mustang SC	0.02000%	0.00050%	4.40891%	Actual/360	21,123.85	Amortizing Balloon		120	120	0	0	360	360	0	L(24),D(92),O(4)	0	0
45	StorQuest - Hollywood	0.09000%	0.00050%	4.42191%	Actual/360	20,568.91	Interest-only, Amortizing Balloon	Actual/360	120	118	24	22	360	360	2	L(26),GRTR 1% or YM(90),O(4)	5	5
46	DAK Equities Corp.	0.08000%	0.00050%	3.91191%	Actual/360	13,518.52	Interest-only, Balloon	Actual/360	120	119	120	119	0	0	1	5%(24),4%(24),3%(24),2%(24),1%(20),O(4)	10	10
47	Comfort Suites - Wilmington	0.02000%	0.00050%	4.88191%	Actual/360	23,174.34	Interest-only, Amortizing Balloon	Actual/360	121	121	1	1	300	300	0	L(24),D(95),O(2)	5	5
48	Storage Depot - Regal Row	0.02000%	0.00050%	4.37191%	Actual/360	19,279.30	Interest-only, Amortizing Balloon	Actual/360	120	119	36	35	360	360	1	L(25),D(91),O(4)	0	5
49	Big Bend Storage	0.06000%	0.00050%	4.57191%	Actual/360	19,700.19	Interest-only, Amortizing Balloon	Actual/360	120	120	24	24	360	360	0	L(24),D(92),O(4)	5	5
50	Mark Twain Owners’ Corp.	0.08000%	0.00050%	3.91191%	Actual/360	16,948.24	Amortizing Balloon		120	120	0	0	360	360	0	5%(23),4%(24),3%(24),2%(24),1%(21),O(4)	10	10
51	Town Lakes Self Storage	0.06000%	0.00050%	4.66191%	Actual/360	18,345.60	Interest-only, Amortizing Balloon	Actual/360	120	120	24	24	360	360	0	L(24),D(92),O(4)	5	5
52	Renaissance Park I	0.02000%	0.00050%	4.27191%	Actual/360	17,320.50	Interest-only, Amortizing Balloon	Actual/360	120	119	36	35	360	360	1	L(25),D(91),O(4)	0	5
53	Hidden Meadows, Inc.	0.08000%	0.00050%	3.91191%	Actual/360	16,709.54	Interest-only, Amortizing Balloon	Actual/360	121	121	1	1	360	360	0	L(1),5%(23),4%(24),3%(24),2%(24),1%(21),O(4)	10	10
54	Storage Choice Stafford	0.02000%	0.00050%	4.56191%	Actual/360	17,153.57	Interest-only, Amortizing Balloon	Actual/360	121	121	1	1	360	360	0	L(24),D(94),O(3)	0	0
55	Walgreens - Albuquerque	0.02000%	0.00050%	4.71191%	Actual/360	17,455.00	Amortizing Balloon		120	119	0	0	360	359	1	L(25),D(91),O(4)	5	5
56	Kingsgate Village Apartments	0.02000%	0.00050%	4.51191%	Actual/360	18,417.48	Amortizing Balloon		120	119	0	0	300	299	1	L(25),D(91),O(4)	0	5
57	StorQuest - Kalihi	0.11000%	0.00050%	4.50191%	Actual/360	15,762.05	Interest-only, Amortizing Balloon	Actual/360	120	119	24	23	360	360	1	L(25),GRTR 1% or YM(91),O(4)	5	5
58	Statewide Self Storage	0.02000%	0.00050%	4.50191%	Actual/360	15,806.16	Amortizing Balloon		120	119	0	0	300	299	1	L(25),D(91),O(4)	0	5
59	Storage Depot - Huebner Commons	0.02000%	0.00050%	4.37191%	Actual/360	14,146.50	Interest-only, Amortizing Balloon	Actual/360	120	119	36	35	360	360	1	L(25),D(91),O(4)	0	5
60	Storage Choice Clear Lake	0.02000%	0.00050%	4.56191%	Actual/360	14,173.46	Interest-only, Amortizing Balloon	Actual/360	121	121	1	1	360	360	0	L(24),D(94),O(3)	0	0
61	Saratoga Storage	0.02000%	0.00050%	4.65191%	Actual/360	15,652.62	Amortizing Balloon		120	120	0	0	300	300	0	L(24),D(92),O(4)	5	5
62	Storage Depot - McAllen	0.02000%	0.00050%	4.37191%	Actual/360	13,770.93	Interest-only, Amortizing Balloon	Actual/360	120	119	36	35	360	360	1	L(25),D(91),O(4)	0	5
63	Locust Street Owners Inc.	0.08000%	0.00050%	3.91191%	Actual/360	11,935.38	Amortizing Balloon		120	119	0	0	360	359	1	5%(24),4%(24),3%(24),2%(24),1%(20),O(4)	10	10
64	Bridge Road Storage	0.06000%	0.00050%	4.75191%	Actual/360	12,621.00	Interest-only, Amortizing Balloon	Actual/360	120	120	24	24	360	360	0	L(24),D(92),O(4)	5	5
65	Midtown Manor Apartments, Ltd.	0.08000%	0.00050%	3.91191%	Actual/360	11,457.97	Amortizing Balloon		120	120	0	0	360	360	0	5%(23),4%(24),3%(24),2%(24),1%(21),O(4)	10	10
66	Cedar River Estates MHC	0.02000%	0.00050%	4.42191%	Actual/360	13,271.96	Amortizing Balloon		120	120	0	0	300	300	0	L(24),GRTR 1% or YM(92),O(4)	0	5
67	Elmhurst House, Inc.	0.08000%	0.00050%	3.91191%	Actual/360	11,457.97	Amortizing Balloon		120	119	0	0	360	359	1	5%(23),4%(24),3%(24),2%(24),1%(21),O(4)	10	10
68	270 King Street	0.02000%	0.00050%	4.25191%	Actual/360	11,601.90	Amortizing Balloon		120	120	0	0	360	360	0	L(24),D(92),O(4)	0	5
69	Storage Depot - Highway 77	0.02000%	0.00050%	4.37191%	Actual/360	11,642.69	Interest-only, Amortizing Balloon	Actual/360	120	119	36	35	360	360	1	L(25),D(91),O(4)	0	5
70	130 E. 94th Apartments Corp.	0.08000%	0.00050%	3.91191%	Actual/360	10,980.55	Amortizing Balloon		120	119	0	0	360	359	1	5%(23),4%(24),3%(24),2%(24),1%(21),O(4)	10	10
71	95 Sedgwick Owners Corp.	0.08000%	0.00050%	3.91191%	Actual/360	10,503.14	Amortizing Balloon		120	119	0	0	360	359	1	5%(24),4%(24),3%(24),2%(24),1%(20),O(4)	10	10
72	Extra Space Palm Springs	0.02000%	0.00050%	4.39191%	Actual/360	10,038.86	Interest-only, Amortizing Balloon	Actual/360	120	120	60	60	360	360	0	L(24),D(92),O(4)	0	5
73	2640 Marion Avenue Owners, Inc.	0.08000%	0.00050%	3.85191%	Actual/360	9,479.25	Amortizing Balloon		120	120	0	0	360	360	0	GRTR 1% or YM(113),1%(3),O(4)	10	10
74	Bedford Square Apartments	0.02000%	0.00050%	4.60191%	Actual/360	10,288.78	Amortizing Balloon		120	119	0	0	360	359	1	L(25),GRTR 1% or YM(88),O(7)	0	5
75	Kentwood MHC	0.07000%	0.00050%	4.44191%	Actual/360	9,649.61	Amortizing Balloon		120	120	0	0	360	360	0	L(24),D(92),O(4)	0	5
76	Shops on Veterans	0.02000%	0.00050%	4.52191%	Actual/360	9,530.65	Amortizing Balloon		120	120	0	0	360	360	0	L(24),GRTR 1% or YM(92),O(4)	0	5
77	Groff Studios Corp.	0.08000%	0.00050%	3.91191%	Actual/360	6,252.31	Interest-only, Balloon	Actual/360	120	119	120	119	0	0	1	5%(23),4%(24),3%(24),2%(24),1%(21),O(4)	10	10
78	828 Fifth Avenue Owners Corp.	0.08000%	0.00050%	3.91191%	Actual/360	8,593.48	Amortizing Balloon		120	120	0	0	360	360	0	5%(24),4%(24),3%(24),2%(24),1%(20),O(4)	10	10
79	Samuell Self Storage	0.02000%	0.00050%	4.48191%	Actual/360	8,294.02	Amortizing Balloon		120	120	0	0	360	360	0	L(24),D(92),O(4)	0	5
80	Clark Street Tenants Incorporated	0.08000%	0.00050%	4.02191%	Actual/360	6,796.89	Amortizing Balloon		120	120	0	0	480	480	0	GRTR 1% or YM(113),1%(3),O(4)	10	10
81	61 Irving Place Corporation	0.08000%	0.00050%	3.91191%	Actual/360	7,638.64	Amortizing Balloon		120	119	0	0	360	359	1	5%(23),4%(24),3%(24),2%(24),1%(21),O(4)	10	10
82	444 East 87th Street Owners Corp.	0.08000%	0.00050%	3.98191%	Actual/360	6,545.69	Interest-only, Amortizing Balloon	Actual/360	121	121	1	1	480	480	0	L(1),GRTR 1% or YM(113),1%(3),O(4)	10	10
83	Longhorn Self Storage	0.02000%	0.00050%	4.48191%	Actual/360	7,862.83	Amortizing Balloon		120	120	0	0	360	360	0	L(24),D(92),O(4)	0	5
84	40 W. 22nd St. Tenants Cooperative Corp.	0.08000%	0.00050%	3.91191%	Actual/360	5,069.44	Interest-only, Balloon	Actual/360	120	120	120	120	0	0	0	5%(24),4%(24),3%(24),2%(24),1%(20),O(4)	10	10
85	Cheney Center	0.02000%	0.00050%	4.80191%	Actual/360	7,897.20	Interest-only, Amortizing Balloon	Actual/360	121	121	1	1	360	360	0	L(24),D(94),O(3)	0	0
86	323 West 83rd Owners Corp.	0.08000%	0.00050%	3.91191%	Actual/360	7,161.23	Amortizing Balloon		120	120	0	0	360	360	0	5%(23),4%(24),3%(24),2%(24),1%(21),O(4)	10	10
87	Gibbons Commons Apartments	0.02000%	0.00050%	4.39191%	Actual/360	7,278.17	Amortizing Balloon		120	120	0	0	360	360	0	L(24),D(92),O(4)	0	5
88	Dollar General - Ocoee	0.02000%	0.00050%	5.22191%	Actual/360	7,790.22	Amortizing Balloon		120	119	0	0	300	299	1	L(25),D(91),O(4)	5	5
89	Trinity Arms Ltd.	0.08000%	0.00050%	3.91191%	Actual/360	5,967.69	Amortizing Balloon		120	119	0	0	360	359	1	5%(24),4%(24),3%(24),2%(24),1%(20),O(4)	10	10
90	Garden Lofts Corp.	0.08000%	0.00050%	3.91191%	Actual/360	5,728.98	Amortizing Balloon		120	120	0	0	360	360	0	5%(24),4%(24),3%(24),2%(24),1%(20),O(4)	10	10
91	Merritt Island MHC	0.02000%	0.00050%	4.35191%	Actual/360	5,495.38	Amortizing Balloon		120	120	0	0	360	360	0	L(24),D(92),O(4)	0	5
92	256 West 21st Owners Corp.	0.08000%	0.00050%	3.91191%	Actual/360	4,774.15	Amortizing Balloon		120	119	0	0	360	359	1	GRTR 1% or YM(83),1%(33),O(4)	10	10

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Appraised Value ($)(7)(8)	Appraisal Date	Coop -Rental Value(9)	Coop - LTV as Rental(9)	Coop - Unsold Percent(10)
1	Bank of America Plaza	605,000,000	6/24/2014
2	Crossings at Corona	222,000,000	8/5/2014
3	Columbus Square Portfolio	555,000,000	7/16/2014
4	DC Metro Mixed Use Portfolio	84,650,000	Various
4.01	920-928 Rhode Island Avenue	23,200,000	8/1/2014
4.02	875 N Street	11,900,000	5/22/2014
4.03	119-125 N. Washington Street	7,800,000	6/1/2016
4.04	2000 S Street	5,500,000	5/16/2014
4.05	717 6th Street NW	5,200,000	5/29/2015
4.06	700 King Street	4,550,000	6/1/2015
4.07	1330 U Street	4,300,000	5/16/2014
4.08	100 King Street	4,300,000	6/1/2015
4.09	301 Pennsylvania Avenue	3,900,000	5/16/2014
4.10	705 6th Street	3,000,000	5/16/2014
4.11	3343 Prospect Street	2,900,000	5/16/2014
4.12	856 Rockville Pike	2,400,000	5/16/2014
4.13	106 N. Washington Street	2,100,000	5/15/2014
4.14	438 Massachusetts Avenue	2,100,000	5/16/2014
4.15	1726 20th Street	1,500,000	5/16/2014
5	Centennial Center & Two Century Center	58,200,000	7/15/2014
5.01	Centennial Center	30,300,000	7/15/2014
5.02	Two Century Tower	27,900,000	7/15/2014
6	677 Broadway	39,000,000	7/22/2014
7	Homewood Suites - New Orleans	45,700,000	5/26/2014
8	Culver City Office Portfolio	36,900,000	7/8/2014
9	Slatten Ranch Shopping Center	36,800,000	5/28/2014
10	Simi Valley Shopping Center	40,000,000	8/9/2014
11	Stratford at Hillcrest	29,200,000	7/30/2014
12	Marriott Bakersfield	32,600,000	7/15/2014
13	Pomona Ranch Plaza	26,800,000	7/30/2014
14	Courtyard by Marriott - Orlando	24,000,000	6/12/2014
15	The Shops at Starwood	19,780,000	7/28/2014
16	The Shops at Pecos Ranch	19,600,000	7/28/2014
17	Main Street & South Park	16,750,000	6/25/2014
17.01	South Park	8,774,269	6/25/2014
17.02	Main Street	7,975,731	6/25/2014
18	Schlumberger Office	18,500,000	8/5/2014
19	All Storage Hwy 66	15,000,000	7/2/2014
20	Corridors Deer Valley	16,000,000	7/15/2014
21	BJ’s Wholesale Club - Jacksonville	18,500,000	5/28/2014
22	Holiday Inn Express - Flint and Fairfield Inn Madison	17,000,000	5/1/2014
22.01	Fairfield Inn - Madison Heights	10,400,000	5/1/2014
22.02	Holiday Inn Express - Flint	6,600,000	5/1/2014
23	Gateway Plaza	13,500,000	7/21/2014
24	Promenade Merced	12,890,000	6/16/2014
25	Victory Village	14,550,000	7/15/2014
26	Hampton Inn & Suites Lenox	13,500,000	7/25/2014
27	East Forest Plaza II	12,100,000	6/6/2014
28	San Rafael Self Storage	13,700,000	5/7/2014
29	All Storage Mustang Mini	11,300,000	7/2/2014
30	Marley Park Plaza	10,900,000	7/5/2014
31	English Oaks Apartments	10,300,000	7/8/2014
32	WMA Shadow Portfolio	9,775,000	Various
32.01	Spring Lake Town Center	4,100,000	7/18/2014
32.02	Metro Junction	3,000,000	7/15/2014
32.03	Center Stage at Winder	2,675,000	7/20/2014

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Appraised Value ($)(7)(8)	Appraisal Date	Coop -Rental Value(9)	Coop - LTV as Rental(9)	Coop - Unsold Percent(10)
33	Larchmont Village Plaza	20,000,000	7/8/2014
34	Jordan Hospital Medical Office	10,700,000	5/13/2014
35	Shiloh Business Park	8,370,000	7/30/2014
36	Temescal Storage Center	11,300,000	3/18/2014
37	Storage Choice Sugar Land	9,000,000	8/5/2014
38	Chateau Villa Corp.	32,500,000	7/10/2014	17,100,000	32.2%	0.6%
39	Storage Choice Pearland	8,300,000	8/5/2014
40	Country Life MHP	11,250,000	5/1/2014
41	Western Square Shopping Center	7,500,000	7/23/2014
42	La Quinta - Lexington	7,000,000	8/7/2014
43	Brittany Estates	6,400,000	7/16/2014
44	All Storage Mustang SC	6,350,000	7/2/2014
45	StorQuest - Hollywood	5,550,000	6/4/2014
46	DAK Equities Corp.	64,259,975	6/19/2014	27,100,000	14.8%	28.6%
47	Comfort Suites - Wilmington	5,800,000	8/1/2014
48	Storage Depot - Regal Row	5,400,000	6/18/2014
49	Big Bend Storage	5,510,000	7/16/2014
50	Mark Twain Owners’ Corp.	43,600,000	6/6/2014	21,200,000	16.7%	6.3%
51	Town Lakes Self Storage	5,010,000	7/15/2014
52	Renaissance Park I	5,850,000	5/12/2014
53	Hidden Meadows, Inc.	12,030,000	6/8/2014	12,900,000	27.1%	0.0%
54	Storage Choice Stafford	5,100,000	8/5/2014
55	Walgreens - Albuquerque	5,750,000	4/9/2014
56	Kingsgate Village Apartments	4,400,000	7/2/2014
57	StorQuest - Kalihi	4,090,000	6/1/2014
58	Statewide Self Storage	9,000,000	6/21/2014
59	Storage Depot - Huebner Commons	4,000,000	6/20/2014
60	Storage Choice Clear Lake	4,500,000	8/5/2014
61	Saratoga Storage	4,840,000	3/25/2014
62	Storage Depot - McAllen	4,000,000	6/18/2014
63	Locust Street Owners Inc.	8,968,000	5/21/2014	6,600,000	37.8%	15.5%
64	Bridge Road Storage	3,450,000	7/9/2014
65	Midtown Manor Apartments, Ltd.	40,800,000	6/26/2014	20,600,000	11.7%	6.7%
66	Cedar River Estates MHC	3,510,000	6/23/2014
67	Elmhurst House, Inc.	19,070,000	5/29/2014	13,400,000	17.9%	13.6%
68	270 King Street	4,650,000	7/14/2014
69	Storage Depot - Highway 77	3,300,000	6/18/2014
70	130 E. 94th Apartments Corp.	34,100,000	6/26/2014	11,200,000	20.5%	11.1%
71	95 Sedgwick Owners Corp.	7,000,000	7/8/2014	6,700,000	32.8%	6.8%
72	Extra Space Palm Springs	4,040,000	7/11/2014
73	2640 Marion Avenue Owners, Inc.	7,950,000	7/22/2014	5,740,000	34.8%	56.3%
74	Bedford Square Apartments	2,900,000	6/10/2014
75	Kentwood MHC	3,200,000	7/7/2014
76	Shops on Veterans	3,175,000	6/27/2014
77	Groff Studios Corp.	31,098,579	6/6/2014	17,800,000	10.4%	0.0%
78	828 Fifth Avenue Owners Corp.	81,065,885	7/18/2014	30,800,000	5.8%	0.0%
79	Samuell Self Storage	2,800,000	7/18/2014
80	Clark Street Tenants Incorporated	51,500,000	7/29/2014	14,800,000	10.8%	0.0%
81	61 Irving Place Corporation	53,795,000	6/27/2014	21,100,000	7.6%	0.0%
82	444 East 87th Street Owners Corp.	12,065,000	7/28/2014	7,700,000	20.1%	7.5%
83	Longhorn Self Storage	2,400,000	7/15/2014
84	40 W. 22nd St. Tenants Cooperative Corp.	48,600,000	6/13/2014	27,600,000	5.4%	0.0%
85	Cheney Center	2,280,000	7/3/2014
86	323 West 83rd Owners Corp.	19,987,000	7/16/2014	8,400,000	17.9%	29.2%
87	Gibbons Commons Apartments	2,500,000	7/14/2014
88	Dollar General - Ocoee	2,430,000	4/2/2014
89	Trinity Arms Ltd.	4,550,000	6/10/2014	3,200,000	39.0%	2.9%
90	Garden Lofts Corp.	28,640,000	7/16/2014	16,700,000	7.2%	0.0%
91	Merritt Island MHC	1,650,000	7/5/2014
92	256 West 21st Owners Corp.	21,250,000	5/27/2014	10,000,000	10.0%	22.9%

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Coop - Sponsor Units(10)	Coop - Investor Units(10)	Coop - Coop Units(10)	Coop - Sponsor/ Investor Carry(10)	Coop - Committed Secondary Debt(11)	U/W NOI DSCR (x)(3)(12)	U/W NCF DSCR (x)(3)(12)	Cut-off Date LTV Ratio(3)(7)(8)	LTV Ratio at Maturity or ARD(3)(7)(8)	Cut-off Date U/W NOI Debt Yield(3)(12)	Cut-off Date U/W NCF Debt Yield(3)(12)	U/W Revenues ($)(12)(16)	U/W Expenses ($)(12)	U/W Net Operating Income ($)(12)	U/W Replacement ($)(12)	U/W TI/LC ($)	U/W Net Cash Flow ($)(12)
1	Bank of America Plaza				��		2.28	2.08	66.1%	66.1%	9.3%	8.6%	63,011,458	25,626,454	37,385,004	286,457	2,864,570	34,233,977
2	Crossings at Corona						1.39	1.27	65.3%	56.9%	8.2%	7.5%	18,045,605	6,112,113	11,933,492	183,497	843,626	10,906,369
3	Columbus Square Portfolio						1.17	1.15	72.1%	66.1%	6.7%	6.6%	29,269,650	2,376,810	26,892,839	49,422	450,000	26,393,417
4	DC Metro Mixed Use Portfolio						1.34	1.27	75.0%	64.8%	8.1%	7.7%	6,393,399	1,229,280	5,164,118	35,690	227,698	4,900,730
4.01	920-928 Rhode Island Avenue												1,838,290	203,588	1,634,702	8,149	58,675	1,567,878
4.02	875 N Street												908,325	238,285	670,040	5,991	39,390	624,659
4.03	119-125 N. Washington Street												401,826	143,318	258,507	5,148	37,063	216,297
4.04	2000 S Street												467,637	117,782	349,855	2,160	15,552	332,143
4.05	717 6th Street NW												421,592	90,939	330,653	3,192	11,017	316,444
4.06	700 King Street												340,309	49,453	290,855	951	6,601	283,303
4.07	1330 U Street												338,157	59,814	278,343	1,711	10,901	265,731
4.08	100 King Street												309,444	45,673	263,770	1,296	9,335	253,139
4.09	301 Pennsylvania Avenue												279,582	34,657	244,925	860	6,192	237,873
4.10	705 6th Street												244,409	74,459	169,950	1,218	6,048	162,684
4.11	3343 Prospect Street												205,601	35,234	170,367	667	4,806	164,894
4.12	856 Rockville Pike												203,925	30,799	173,126	2,083	6,905	164,138
4.13	106 N. Washington Street												156,001	28,505	127,496	787	5,666	121,043
4.14	438 Massachusetts Avenue												156,232	36,479	119,753	724	5,211	113,818
4.15	1726 20th Street												122,070	40,294	81,776	753	4,336	76,687
5	Centennial Center & Two Century Center						1.71	1.49	73.0%	64.8%	10.5%	9.1%	9,597,979	5,126,349	4,471,630	74,014	511,378	3,886,238
5.01	Centennial Center												5,263,107	2,771,663	2,491,444	40,838	286,545	2,164,062
5.02	Two Century Tower												4,334,872	2,354,686	1,980,186	33,177	224,833	1,722,176
6	677 Broadway						1.64	1.51	74.0%	59.8%	10.0%	9.2%	5,250,306	2,376,693	2,873,613	44,260	177,040	2,652,313
7	Homewood Suites - New Orleans						2.01	1.83	59.0%	43.1%	13.3%	12.1%	8,072,544	4,499,454	3,573,090	0	0	3,250,188
8	Culver City Office Portfolio						1.43	1.32	68.6%	55.4%	8.7%	8.0%	3,419,983	1,228,807	2,191,176	18,795	196,917	2,025,463
9	Slatten Ranch Shopping Center						1.53	1.43	68.5%	62.5%	9.1%	8.5%	3,343,329	1,056,465	2,286,864	42,825	100,063	2,143,976
10	Simi Valley Shopping Center						2.01	1.86	55.0%	44.5%	12.2%	11.3%	3,497,056	809,562	2,687,495	43,740	154,110	2,489,645
11	Stratford at Hillcrest						1.25	1.18	74.7%	65.4%	7.6%	7.2%	2,928,134	1,269,650	1,658,484	90,720	0	1,567,764
12	Marriott Bakersfield						1.94	1.52	66.0%	63.9%	12.1%	9.5%	11,177,596	8,578,954	2,598,642	0	0	2,039,748
13	Pomona Ranch Plaza						1.37	1.23	66.2%	49.0%	9.3%	8.4%	2,496,600	840,166	1,656,434	20,000	150,000	1,486,434
14	Courtyard by Marriott - Orlando						1.90	1.61	67.6%	55.0%	11.7%	10.0%	7,204,207	5,298,739	1,905,468	0	0	1,617,300
15	The Shops at Starwood						1.59	1.46	72.3%	66.0%	9.5%	8.7%	2,005,332	652,781	1,352,551	11,077	93,596	1,247,878
16	The Shops at Pecos Ranch						1.57	1.44	71.4%	62.3%	9.4%	8.6%	1,755,647	442,375	1,313,273	15,753	96,106	1,201,413
17	Main Street & South Park						1.65	1.50	75.0%	61.4%	10.5%	9.5%	1,960,322	645,022	1,315,300	21,561	94,475	1,199,264
17.01	South Park												1,056,800	367,797	689,003	15,653	68,589	604,761
17.02	Main Street												903,522	277,225	626,297	5,908	25,886	594,503
18	Schlumberger Office						2.18	1.95	67.1%	54.3%	13.3%	11.9%	2,946,255	1,294,128	1,652,127	36,074	138,851	1,477,202
19	All Storage Hwy 66						1.56	1.52	74.7%	60.2%	9.4%	9.2%	1,414,003	359,141	1,054,862	27,869	0	1,026,993
20	Corridors Deer Valley						2.44	2.08	66.3%	62.6%	13.6%	11.6%	2,482,404	1,039,365	1,443,039	32,882	382,885	1,227,272
21	BJ’s Wholesale Club - Jacksonville						1.75	1.62	56.8%	48.3%	10.4%	9.7%	1,496,621	399,571	1,097,050	23,920	59,112	1,014,018
22	Holiday Inn Express - Flint and Fairfield Inn Madison						1.89	1.66	59.3%	44.6%	13.4%	11.8%	4,175,219	2,822,273	1,352,946	0	0	1,185,937
22.01	Fairfield Inn - Madison Heights												2,410,726	1,550,458	860,268	0	0	763,839
22.02	Holiday Inn Express - Flint												1,764,493	1,271,815	492,678	0	0	422,098
23	Gateway Plaza						1.67	1.48	72.2%	63.0%	10.0%	8.8%	1,531,156	560,955	970,202	27,378	83,219	859,605
24	Promenade Merced						1.52	1.34	73.6%	59.7%	9.3%	8.2%	1,286,624	401,679	884,945	39,080	64,203	781,662
25	Victory Village						1.44	1.36	63.6%	55.5%	8.6%	8.2%	1,132,723	334,328	798,394	10,695	31,150	756,549
26	Hampton Inn & Suites Lenox						1.73	1.54	68.1%	42.4%	13.3%	11.8%	3,410,569	2,186,632	1,223,937	0	0	1,087,514
27	East Forest Plaza II						1.53	1.38	75.0%	60.8%	9.4%	8.5%	1,272,954	416,929	856,024	21,816	65,314	768,894
28	San Rafael Self Storage						1.99	1.97	64.2%	64.2%	9.2%	9.1%	1,200,475	392,211	808,265	7,253	0	801,012
29	All Storage Mustang Mini						1.58	1.53	70.8%	57.1%	9.5%	9.2%	1,086,686	325,228	761,458	23,927	0	737,531
30	Marley Park Plaza						1.91	1.76	72.5%	59.6%	12.3%	11.3%	1,428,180	458,026	970,154	15,509	60,198	894,447
31	English Oaks Apartments						1.67	1.52	72.8%	59.1%	10.3%	9.3%	1,704,891	934,818	770,074	68,900	0	701,174
32	WMA Shadow Portfolio						1.66	1.53	75.0%	66.9%	9.9%	9.1%	1,007,414	285,072	722,342	13,674	40,297	668,371
32.01	Spring Lake Town Center												424,647	101,480	323,167	5,952	16,986	300,229
32.02	Metro Junction												360,050	123,956	236,094	4,796	14,402	216,896
32.03	Center Stage at Winder												222,717	59,636	163,081	2,926	8,909	151,246

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Coop - Sponsor Units(10)	Coop - Investor Units(10)	Coop - Coop Units(10)	Coop - Sponsor/ Investor Carry(10)	Coop - Committed Secondary Debt(11)	U/W NOI DSCR (x)(3)(12)	U/W NCF DSCR(x)(3)(12)	Cut-off Date LTV Ratio(3)(7)(8)	LTV Ratio at Maturity or ARD(3)(7)(8)	Cut-off Date U/W NOI Debt Yield(3)(12)	Cut-off Date U/W NCF Debt Yield(3)(12)	U/W Revenues ($)(12)(16)	U/W Expenses ($)(12)	U/W Net Operating Income ($)(12)	U/W Replacement ($)(12)	U/W TI/LC ($)	U/W Net Cash Flow ($)(12)
33	Larchmont Village Plaza						3.86	3.70	35.0%	35.0%	15.8%	15.2%	1,347,126	238,750	1,108,376	5,215	39,015	1,064,146
34	Jordan Hospital Medical Office						1.73	1.59	60.1%	54.9%	10.3%	9.5%	845,487	181,926	663,561	4,620	47,181	611,760
35	Shiloh Business Park						2.22	2.07	71.7%	71.7%	10.3%	9.6%	761,763	144,273	617,490	9,674	32,246	575,571
36	Temescal Storage Center						2.57	2.49	52.2%	52.2%	11.2%	10.8%	1,110,572	451,361	659,211	20,068	0	639,143
37	Storage Choice Sugar Land						1.49	1.46	62.7%	50.8%	9.2%	9.0%	941,478	424,545	516,933	9,272	0	507,661
38	Chateau Villa Corp.	0	0	1	NAP	500,000	4.44	4.44	16.9%	15.0%	22.6%	22.6%	2,340,800	1,098,000	1,242,800	39,000	NAP	1,242,800
39	Storage Choice Pearland						1.51	1.47	63.3%	51.3%	9.3%	9.1%	888,801	401,905	486,896	11,284	0	475,612
40	Country Life MHP						2.44	2.39	46.2%	42.3%	14.9%	14.6%	1,610,217	836,646	773,570	15,350	0	758,220
41	Western Square Shopping Center						2.01	1.82	64.7%	51.9%	11.9%	10.8%	743,731	166,612	577,119	11,724	42,335	523,060
42	La Quinta - Lexington						1.68	1.49	67.9%	50.4%	11.6%	10.3%	1,538,077	988,760	549,317	0	0	487,794
43	Brittany Estates						1.33	1.30	73.4%	67.2%	8.1%	7.9%	714,413	332,590	381,823	8,550	0	373,273
44	All Storage Mustang SC						1.84	1.77	66.1%	53.4%	11.1%	10.7%	670,197	203,128	467,069	18,015	0	449,054
45	StorQuest - Hollywood						1.51	1.50	73.0%	62.4%	9.2%	9.1%	662,943	290,088	372,855	3,558	0	369,297
46	DAK Equities Corp.	12	0	0	(12,519)	1,000,000	11.26	11.26	6.2%	6.2%	45.7%	45.7%	2,864,320	1,037,000	1,827,320	17,000	NAP	1,827,320
47	Comfort Suites - Wilmington						1.72	1.54	69.0%	51.4%	12.0%	10.7%	1,312,905	833,452	479,453	0	0	426,937
48	Storage Depot - Regal Row						1.55	1.51	71.3%	62.3%	9.3%	9.1%	507,668	149,525	358,143	9,084	0	349,059
49	Big Bend Storage						1.62	1.58	69.4%	59.5%	10.0%	9.7%	650,898	267,658	383,240	10,365	0	372,875
50	Mark Twain Owners’ Corp.	5	0	0	(18,831)		6.78	6.78	8.1%	6.5%	38.8%	38.8%	2,921,964	1,543,330	1,378,634	12,300	NAP	1,378,634
51	Town Lakes Self Storage						1.45	1.41	70.4%	60.5%	9.1%	8.8%	498,355	179,249	319,106	9,386	0	309,719
52	Renaissance Park I						2.08	1.87	59.8%	52.1%	12.3%	11.1%	668,427	236,594	431,834	7,077	36,486	388,271
53	Hidden Meadows, Inc.	0	0	0	NAP	500,000	4.84	4.84	29.1%	23.1%	27.7%	27.7%	1,786,980	816,651	970,329	23,000	NAP	970,329
54	Storage Choice Stafford						1.52	1.47	65.7%	53.3%	9.3%	9.1%	677,028	363,947	313,081	9,859	0	303,223
55	Walgreens - Albuquerque						1.62	1.61	58.2%	47.5%	10.1%	10.1%	348,981	10,469	338,511	2,184	0	336,327
56	Kingsgate Village Apartments						1.43	1.33	74.9%	55.1%	9.6%	8.9%	612,062	297,055	315,006	21,024	0	293,982
57	StorQuest - Kalihi						1.46	1.45	75.0%	64.3%	9.0%	9.0%	549,007	272,190	276,817	2,230	0	274,586
58	Statewide Self Storage						2.45	2.40	31.4%	23.1%	16.4%	16.1%	756,131	292,260	463,871	8,715	0	455,156
59	Storage Depot - Huebner Commons						1.56	1.51	70.6%	61.7%	9.4%	9.1%	436,453	172,164	264,289	7,856	0	256,433
60	Storage Choice Clear Lake						1.55	1.50	61.5%	49.9%	9.5%	9.2%	549,621	286,253	263,369	8,987	0	254,382
61	Saratoga Storage						1.50	1.46	57.1%	42.2%	10.2%	9.9%	465,256	184,446	280,809	6,531	0	274,278
62	Storage Depot - McAllen						1.54	1.50	68.8%	60.0%	9.2%	9.0%	377,685	123,927	253,758	6,495	0	247,263
63	Locust Street Owners Inc.	11	0	2	7,079	250,000	3.21	3.21	27.8%	22.1%	18.4%	18.4%	1,025,198	565,716	459,482	13,600	NAP	459,482
64	Bridge Road Storage						1.73	1.69	69.6%	59.9%	10.9%	10.6%	439,084	177,206	261,878	6,435	0	255,443
65	Midtown Manor Apartments, Ltd.	5	0	0	612	500,000	9.71	9.71	5.9%	4.7%	55.6%	55.6%	2,576,131	1,241,100	1,335,031	14,000	NAP	1,335,031
66	Cedar River Estates MHC						1.65	1.61	68.4%	50.1%	10.9%	10.7%	480,553	218,138	262,415	5,950	0	256,465
67	Elmhurst House, Inc.	11	0	0	115,221	500,000	7.04	7.04	12.6%	10.0%	40.4%	40.4%	1,566,204	597,750	968,454	21,250	NAP	968,454
68	270 King Street						1.94	1.84	50.5%	40.5%	11.5%	10.9%	325,144	54,901	270,243	1,495	12,909	255,839
69	Storage Depot - Highway 77						1.55	1.50	70.5%	61.5%	9.3%	9.0%	322,252	105,574	216,678	6,491	0	210,188
70	130 E. 94th Apartments Corp.	5	0	0	(30,872)	1,000,000	5.53	5.53	6.7%	5.4%	31.7%	31.7%	1,945,848	1,217,000	728,848	13,000	NAP	728,848
71	95 Sedgwick Owners Corp.	4	0	0	4,544	500,000	3.98	3.98	31.4%	25.0%	22.8%	22.8%	933,917	432,000	501,917	12,000	NAP	501,917
72	Extra Space Palm Springs						1.81	1.66	49.5%	45.2%	10.9%	10.0%	410,136	192,008	218,128	18,143	0	199,985
73	2640 Marion Avenue Owners, Inc.	40	0	0	216,099	200,000	3.40	3.40	25.2%	19.9%	19.4%	19.4%	930,834	543,671	387,163	10,800	NAP	387,163
74	Bedford Square Apartments						1.81	1.70	68.9%	56.0%	11.2%	10.5%	426,616	203,161	223,455	13,104	0	210,351
75	Kentwood MHC						2.47	2.39	59.4%	48.0%	15.1%	14.6%	533,167	246,605	286,562	9,450	0	277,112
76	Shops on Veterans						1.68	1.46	58.9%	47.7%	10.3%	9.0%	538,700	346,858	191,842	2,864	21,477	167,502
77	Groff Studios Corp.	0	0	0	NAP	600,000	15.99	15.99	5.9%	5.9%	64.9%	64.9%	1,811,725	612,000	1,199,725	10,000	NAP	1,199,725
78	828 Fifth Avenue Owners Corp.	0	0	0	NAP	500,000	18.69	18.69	2.2%	1.8%	107.1%	107.1%	2,669,405	741,900	1,927,505	4,500	NAP	1,927,505
79	Samuell Self Storage						1.84	1.69	58.4%	47.2%	11.2%	10.3%	355,840	172,651	183,190	15,474	0	167,716
80	Clark Street Tenants Incorporated	0	0	0	NAP	250,000	11.79	11.79	3.1%	2.8%	60.1%	60.1%	1,463,760	502,000	961,760	11,000	NAP	961,760
81	61 Irving Place Corporation	0	0	0	NAP	1,000,000	15.52	15.52	3.0%	2.4%	89.0%	89.0%	2,186,549	763,900	1,422,649	10,200	NAP	1,422,649
82	444 East 87th Street Owners Corp.	3	0	0	(6,727)	500,000	6.58	6.58	12.8%	11.4%	33.3%	33.3%	922,517	405,760	516,757	5,300	NAP	516,757
83	Longhorn Self Storage						1.64	1.56	64.6%	52.2%	10.0%	9.5%	352,757	197,987	154,770	7,364	0	147,405
84	40 W. 22nd St. Tenants Cooperative Corp.	0	0	0	NAP	250,000	30.58	30.58	3.1%	3.1%	124.0%	124.0%	2,689,966	829,700	1,860,266	12,600	NAP	1,860,266
85	Cheney Center						1.79	1.59	65.8%	53.8%	11.3%	10.1%	269,267	99,792	169,475	1,706	16,636	151,133
86	323 West 83rd Owners Corp.	3	4	0	91,884	250,000	6.56	6.56	7.5%	6.0%	37.6%	37.6%	882,822	318,900	563,922	5,500	NAP	563,922
87	Gibbons Commons Apartments						2.03	1.74	58.0%	46.8%	12.2%	10.5%	480,670	303,668	177,002	25,020	0	151,982
88	Dollar General - Ocoee						1.57	1.54	53.4%	40.4%	11.3%	11.1%	185,811	39,495	146,316	2,476	0	143,839
89	Trinity Arms Ltd.	1	0	0	6,163	300,000	3.32	3.32	27.4%	21.8%	19.0%	19.0%	532,703	295,000	237,703	7,000	NAP	237,703
90	Garden Lofts Corp.	0	0	0	NAP	500,000	16.45	16.45	4.2%	3.3%	94.2%	94.2%	1,746,785	616,200	1,130,585	9,000	NAP	1,130,585
91	Merritt Island MHC						1.73	1.67	66.7%	53.7%	10.4%	10.0%	228,120	114,102	114,018	3,700	0	110,318
92	256 West 21st Owners Corp.	0	8	0	41,623	200,000	10.44	10.44	4.7%	3.7%	59.9%	59.9%	959,196	361,264	597,932	10,100	NAP	597,932

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Occupancy Rate(2)(13)(16)	Occupancy as-of Date(13)	U/W Hotel ADR	U/W Hotel RevPAR	Most Recent Period(14)	Most Recent Revenues ($)(14)	Most Recent Expenses ($)(14)	Most Recent NOI ($)(14)	Most Recent Capital Expenditures ($) (14)	Most Recent NCF ($)(14)	Most Recent Hotel ADR	Most Recent Hotel RevPAR	Second Most Recent Period(14)	Second Most Recent Revenues ($)(14)	Second Most Recent Expenses ($)(14)	Second Most Recent NOI ($)(14)	Second Most Recent Capital Expenditures ($)(14)	Second Most Recent NCF ($)(14)
1	Bank of America Plaza	89.5%	8/19/2014			TTM 6/30/2014	58,775,667	25,608,463	33,167,204	0	33,167,204			Actual 2013	53,763,284	24,898,805	28,864,479	0	28,864,479
2	Crossings at Corona	93.9%	7/31/2014			TTM 6/30/2014	18,892,459	5,913,654	12,978,805	0	12,978,805			Actual 2013	18,865,665	5,960,908	12,904,757	0	12,904,757
3	Columbus Square Portfolio	95.7%	7/31/2014			Actual 2013	21,821,850	2,488,024	19,333,826	0	19,333,826			Actual 2012	23,636,329	3,215,058	20,421,271	0	20,421,271
4	DC Metro Mixed Use Portfolio	91.2%	4/1/2014			TTM 3/31/2014	4,590,454	1,190,073	3,400,381	0	3,400,381			Actual 2013	4,807,049	1,189,170	3,617,879	0	3,617,879
4.01	920-928 Rhode Island Avenue	100.0%	4/1/2014			TTM 3/31/2014	1,070,518	203,116	867,402	0	867,402			Actual 2013	1,187,430	198,946	988,484	0	988,484
4.02	875 N Street	96.1%	4/1/2014			TTM 3/31/2014	728,800	238,940	489,860	0	489,860			Actual 2013	703,509	216,468	487,041	0	487,041
4.03	119-125 N. Washington Street	50.3%	4/1/2014			TTM 3/31/2014	311,791	143,644	168,147	0	168,147			Actual 2013	330,031	156,858	173,173	0	173,173
4.04	2000 S Street	100.0%	4/1/2014			TTM 3/31/2014	458,646	121,000	337,646	0	337,646			Actual 2013	455,120	115,414	339,706	0	339,706
4.05	717 6th Street NW	100.0%	4/1/2014			TTM 3/31/2014	326,088	30,205	295,883	0	295,883			Actual 2013	393,068	59,313	333,755	0	333,755
4.06	700 King Street	100.0%	4/1/2014			TTM 3/31/2014	259,453	54,954	204,499	0	204,499			Actual 2013	257,254	42,710	214,544	0	214,544
4.07	1330 U Street	100.0%	4/1/2014			TTM 3/31/2014	190,906	53,846	137,060	0	137,060			Actual 2013	136,542	49,749	86,793	0	86,793
4.08	100 King Street	100.0%	4/1/2014			TTM 3/31/2014	240,920	64,632	176,288	0	176,288			Actual 2013	345,392	74,064	271,328	0	271,328
4.09	301 Pennsylvania Avenue	100.0%	4/1/2014			TTM 3/31/2014	136,536	36,347	100,189	0	100,189			Actual 2013	161,172	37,459	123,713	0	123,713
4.10	705 6th Street	100.0%	4/1/2014			TTM 3/31/2014	213,307	70,009	143,298	0	143,298			Actual 2013	164,838	67,029	97,809	0	97,809
4.11	3343 Prospect Street	100.0%	4/1/2014			TTM 3/31/2014	90,258	32,102	58,156	0	58,156			Actual 2013	96,167	32,708	63,459	0	63,459
4.12	856 Rockville Pike	100.0%	4/1/2014			TTM 3/31/2014	199,321	34,772	164,549	0	164,549			Actual 2013	200,732	32,815	167,917	0	167,917
4.13	106 N. Washington Street	100.0%	4/1/2014			TTM 3/31/2014	153,309	35,147	118,162	0	118,162			Actual 2013	159,812	31,535	128,277	0	128,277
4.14	438 Massachusetts Avenue	100.0%	4/1/2014			TTM 3/31/2014	94,557	30,273	64,284	0	64,284			Actual 2013	99,010	30,669	68,341	0	68,341
4.15	1726 20th Street	100.0%	4/1/2014			TTM 3/31/2014	116,044	41,086	74,958	0	74,958			Actual 2013	116,972	43,433	73,539	0	73,539
5	Centennial Center & Two Century Center	84.8%	7/25/2014			Annualized 10 7/31/2014	7,260,269	4,899,635	2,360,634	0	2,360,634			Actual 2013	7,369,581	4,726,178	2,643,404	0	2,643,404
5.01	Centennial Center	81.7%	7/25/2014			Annualized 10 7/31/2014	3,771,626	2,666,174	1,105,452	0	1,105,452			Actual 2013	4,445,819	2,597,640	1,848,179	0	1,848,179
5.02	Two Century Tower	88.6%	7/25/2014			Annualized 10 7/31/2014	3,488,643	2,233,460	1,255,182	0	1,255,182			Actual 2013	2,923,763	2,128,538	795,225	0	795,225
6	677 Broadway	96.2%	8/11/2014			TTM 6/30/2014	4,572,838	1,845,160	2,727,678	0	2,727,678			Actual 2013	4,329,180	1,904,881	2,424,299	0	2,424,299
7	Homewood Suites - New Orleans	73.8%	6/30/2014	172	127	TTM 6/30/2014	8,067,599	4,431,529	3,636,070	0	3,636,070	172	127	Actual 2013	8,368,799	4,543,606	3,825,193	0	3,825,193
8	Culver City Office Portfolio	100.0%	9/4/2014			TTM 6/30/2014	3,586,692	1,077,607	2,509,085	0	2,509,085			Actual 2013	3,121,266	1,090,262	2,031,003	0	2,031,003
9	Slatten Ranch Shopping Center	100.0%	6/30/2014			TTM 4/30/2014	3,592,569	1,037,528	2,555,041	0	2,555,041			Actual 2013	3,603,392	1,060,985	2,542,407	0	2,542,407
10	Simi Valley Shopping Center	95.1%	8/31/2014			TTM 06/30/2014	3,550,220	907,444	2,642,776	0	2,642,776			Actual 2013	3,787,592	843,169	2,944,424	0	2,944,424
11	Stratford at Hillcrest	97.3%	7/28/2014			TTM 6/30/2014	2,897,843	1,239,246	1,658,597	0	1,658,597			Actual 2013	2,838,222	1,224,779	1,613,443	0	1,613,443
12	Marriott Bakersfield	80.4%	6/30/2014	93	75	TTM 6/30/2014	11,177,596	8,628,482	2,549,114	0	2,549,114	93	75	Actual 2013	10,717,356	8,405,972	2,311,384	0	2,311,384
13	Pomona Ranch Plaza	100.0%	9/1/2014			NAV	NAV	NAV	NAV	NAV	NAV			NAV	NAV	NAV	NAV	NAV	NAV
14	Courtyard by Marriott - Orlando	70.9%	5/31/2014	118	84	TTM 5/31/2014	7,204,207	5,240,132	1,964,075	0	1,964,075	118	84	Actual 2013	6,933,867	5,077,068	1,856,799	0	1,856,799
15	The Shops at Starwood	93.6%	8/14/2014			TTM 6/30/2014	2,017,306	644,047	1,373,259	0	1,373,259			Actual 2013	2,072,713	641,848	1,430,864	0	1,430,864
16	The Shops at Pecos Ranch	94.0%	8/14/2014			TTM 6/30/2014	1,869,561	487,348	1,382,213	0	1,382,213			Actual 2013	1,902,293	463,427	1,438,866	0	1,438,866
17	Main Street & South Park	95.0%	Various			TTM 6/30/2014	1,938,993	708,062	1,230,931	0	1,230,931			Actual 2013	1,985,423	591,558	1,393,865	0	1,393,865
17.01	South Park	93.1%	7/31/2014			TTM 6/30/2014	998,915	365,109	633,806	0	633,806			Actual 2013	1,057,507	334,848	722,659	0	722,659
17.02	Main Street	100.0%	3/31/2014			TTM 6/30/2014	940,078	342,953	597,125	0	597,125			Actual 2013	927,916	342,855	585,061	0	585,061
18	Schlumberger Office	100.0%	6/5/2014			Annualized 5/31/2014	2,878,997	1,171,648	1,707,349	0	1,707,349			Actual 2013	2,867,999	1,176,367	1,691,632	0	1,691,632
19	All Storage Hwy 66	93.5%	7/11/2014			TTM 6/30/2014	1,398,244	353,877	1,044,367	0	1,044,367			Actual 2013	1,354,926	372,966	981,960	0	981,960
20	Corridors Deer Valley	86.0%	8/12/2014			Annualized 6 6/30/2014	1,816,148	856,774	959,374	0	959,374			Actual 2013	1,621,914	1,002,923	618,991	0	618,991
21	BJ’s Wholesale Club - Jacksonville	100.0%	9/1/2014			NAV	NAV	NAV	NAV	NAV	NAV			NAV	NAV	NAV	NAV	NAV	NAV
22	Holiday Inn Express - Flint and Fairfield Inn Madison	63.2%	3/31/2014	76	47	TTM 3/31/2014	4,493,263	2,798,160	1,695,103	0	1,695,103	81	51	Actual 2013	4,519,316	3,063,073	1,456,243	167,009	1,289,234
22.01	Fairfield Inn - Madison Heights	74.2%	3/31/2014	77	55	TTM 3/31/2014	2,606,287	1,556,308	1,049,979	0	1,049,979	80	59	Actual 2013	2,649,124	1,787,362	861,762	96,429	765,333
22.02	Holiday Inn Express - Flint	52.1%	3/31/2014	75	40	TTM 3/31/2014	1,886,975	1,241,851	645,124	0	645,124	82	43	Actual 2013	1,870,192	1,275,711	594,481	70,580	523,901
23	Gateway Plaza	97.3%	6/30/2014			TTM 5/31/2014	1,000,545	499,723	500,822	0	500,822			Actual 2013	1,315,160	592,823	722,337	0	722,337
24	Promenade Merced	96.3%	7/28/2014			TTM 5/31/2014	1,266,500	383,149	883,351	0	883,351			Actual 2013	1,235,109	390,464	844,645	0	844,645
25	Victory Village	90.1%	6/30/2014			TTM 6/30/2014	1,104,389	335,103	769,286	0	769,286			Actual 2013	1,097,365	315,943	781,422	0	781,422
26	Hampton Inn & Suites Lenox	78.1%	6/30/2014	156	117	TTM 6/30/2014	3,561,878	2,194,931	1,366,947	0	1,366,947	156	122	Actual 2013	3,422,774	2,105,309	1,317,465	0	1,317,465
27	East Forest Plaza II	100.0%	7/9/2014			TTM 4/30/2014	1,349,822	408,115	941,707	0	941,707			Actual 2013	1,340,858	403,157	937,701	0	937,701
28	San Rafael Self Storage	95.0%	7/7/2014			TTM 3/31/2014	1,200,475	329,385	871,090	0	871,090			Actual 2013	1,163,267	324,574	838,693	0	838,693
29	All Storage Mustang Mini	86.9%	7/11/2014			TTM 6/30/2014	1,065,735	326,902	738,833	0	738,833			Actual 2013	1,011,730	336,938	674,792	0	674,792
30	Marley Park Plaza	93.9%	8/12/2014			TTM 6/30/2014	741,379	397,421	343,958	0	343,958			Actual 2013	725,778	412,821	312,957	0	312,957
31	English Oaks Apartments	99.1%	7/15/2014			TTM 7/31/2014	1,523,219	866,000	657,219	0	657,219			NAV	NAV	NAV	NAV	0	NAV
32	WMA Shadow Portfolio	100.0%	Various			Actual 2013	1,148,757	268,631	880,126	0	880,126			Actual 2012	1,057,091	319,463	737,627	0	737,627
32.01	Spring Lake Town Center	100.0%	6/10/2014			Actual 2013	487,403	102,023	385,381	0	385,381			Actual 2012	445,352	103,853	341,498	0	341,498
32.02	Metro Junction	100.0%	6/25/2014			Actual 2013	341,186	100,808	240,378	0	240,378			Actual 2012	290,410	145,938	144,472	0	144,472
32.03	Center Stage at Winder	100.0%	8/1/2014			Actual 2013	320,168	65,800	254,368	0	254,368			Actual 2012	321,329	69,672	251,656	0	251,656

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Occupancy Rate(2)(13)(16)	Occupancy as-of Date(13)	U/W Hotel ADR	U/W Hotel RevPAR	Most Recent Period(14)	Most Recent Revenues ($)(14)	Most Recent Expenses ($)(14)	Most Recent NOI ($)(14)	Most Recent Capital Expenditures ($) (14)	Most Recent NCF ($)(14)	Most Recent Hotel ADR	Most Recent Hotel RevPAR	Second Most Recent Period(14)	Second Most Recent Revenues ($)(14)	Second Most Recent Expenses ($)(14)	Second Most Recent NOI ($)(14)	Second Most Recent Capital Expenditures ($)(14)	Second Most Recent NCF ($)(14)
33	Larchmont Village Plaza	100.0%	6/30/2014			TTM 5/31/2014	1,085,689	181,289	904,400	0	904,400			Actual 2013	1,039,262	181,668	857,594	0	857,594
34	Jordan Hospital Medical Office	100.0%	9/1/2014			NAV	NAV	NAV	NAV	NAV	NAV			NAV	NAV	NAV	NAV	NAV	NAV
35	Shiloh Business Park	100.0%	8/14/2014			TTM 6/30/2014	725,463	139,840	585,623	0	585,623			Actual 2013	639,049	65,445	573,604	0	573,604
36	Temescal Storage Center	91.5%	7/21/2014			TTM 5/30/2014	1,110,572	433,659	676,913	0	676,913			Actual 2013	1,078,717	392,985	685,733	0	685,733
37	Storage Choice Sugar Land	88.2%	5/29/2014			TTM 7/31/2014	941,478	348,379	593,099	0	593,099			Actual 2013	944,754	361,534	583,220	0	583,220
38	Chateau Villa Corp.	95.0%	7/10/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
39	Storage Choice Pearland	91.0%	5/29/2014			TTM 7/31/2014	888,801	291,382	597,420	0	597,420			Actual 2013	864,811	289,771	575,040	0	575,040
40	Country Life MHP	84.4%	7/31/2014			TTM 6/30/2014	1,631,954	818,831	813,123	0	813,123			Actual 2013	1,611,660	803,286	808,374	0	808,374
41	Western Square Shopping Center	90.4%	7/16/2014			TTM 6/30/2014	740,292	168,698	571,594	0	571,594			Actual 2013	732,833	169,265	563,568	0	563,568
42	La Quinta - Lexington	82.8%	6/30/2014	73	58	TTM 6/30/2014	1,591,751	1,018,164	573,587	63,670	509,917	73	60	Actual 2013	1,554,117	969,731	584,386	62,165	522,221
43	Brittany Estates	91.2%	7/31/2014			TTM 6/30/2014	698,931	350,298	348,633	0	348,633			Actual 2013	662,107	344,363	317,744	0	317,744
44	All Storage Mustang SC	96.5%	8/27/2014			TTM 6/30/2014	669,390	177,707	491,683	0	491,683			Actual 2013	649,866	187,881	461,985	0	461,985
45	StorQuest - Hollywood	81.4%	5/31/2014			TTM 4/30/2014	668,549	299,573	368,976	0	368,976			Actual 2013	661,598	290,154	371,444	0	371,444
46	DAK Equities Corp.	95.0%	6/19/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
47	Comfort Suites - Wilmington	58.3%	7/31/2014	83	48	TTM 7/31/2014	1,334,729	738,511	596,218	0	596,218	83	48	Actual 2013	1,232,883	710,525	522,358	0	522,358
48	Storage Depot - Regal Row	92.5%	7/22/2014			TTM 6/30/2014	507,750	145,913	361,837	0	361,837			Actual 2013	463,727	139,983	323,744	0	323,744
49	Big Bend Storage	87.9%	6/18/2014			Actual 2013	655,695	190,526	465,170	0	465,170			Actual 2012	587,488	197,055	390,432	0	390,432
50	Mark Twain Owners’ Corp.	95.0%	6/6/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
51	Town Lakes Self Storage	93.3%	8/6/2014			TTM 7/31/2014	489,165	115,532	373,633	0	373,633			NAV	NAV	NAV	NAV	NAV	NAV
52	Renaissance Park I	100.0%	8/1/2014			TTM 5/31/2014	684,173	237,229	446,944	0	446,944			Actual 2013	674,213	230,539	443,674	0	443,674
53	Hidden Meadows, Inc.	95.0%	6/8/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
54	Storage Choice Stafford	84.5%	5/29/2014			TTM 7/31/2014	677,028	331,513	345,515	0	345,515			Actual 2013	659,879	323,547	336,332	0	336,332
55	Walgreens - Albuquerque	100.0%	9/1/2014			Actual 2013	359,774	0	359,774	0	359,774			Actual 2012	359,774	0	359,774	0	359,774
56	Kingsgate Village Apartments	100.0%	7/1/2014			Annualized 5 3/31/2014	616,586	204,521	412,066	0	412,066			Actual 2013	606,673	270,994	335,679	0	335,679
57	StorQuest - Kalihi	93.0%	7/20/2014			Annualized 10 6/30/2014	571,328	283,410	287,917	0	287,917			Actual 2013	560,040	312,779	247,261	0	247,261
58	Statewide Self Storage	100.0%	6/19/2014			TTM 5/31/2014	771,767	297,662	474,105	0	474,105			Actual 2013	780,262	308,103	472,159	0	472,159
59	Storage Depot - Huebner Commons	78.6%	7/22/2014			TTM 6/30/2014	436,835	168,063	268,772	0	268,772			Actual 2013	422,836	172,279	250,557	0	250,557
60	Storage Choice Clear Lake	87.1%	5/29/2014			TTM 7/31/2014	549,621	248,466	301,155	0	301,155			Actual 2013	550,746	263,255	287,491	0	287,491
61	Saratoga Storage	92.7%	5/31/2014			TTM 6/30/2014	465,261	184,911	280,350	0	280,350			Actual 2013	451,645	187,110	264,535	0	264,535
62	Storage Depot - McAllen	99.1%	7/22/2014			TTM 6/30/2014	395,588	122,954	272,634	0	272,634			Actual 2013	387,971	119,450	268,521	0	268,521
63	Locust Street Owners Inc.	95.0%	5/21/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
64	Bridge Road Storage	93.6%	6/18/2014			Actual 2013	421,765	166,781	254,984	0	254,984			Actual 2012	415,474	188,849	226,625	0	226,625
65	Midtown Manor Apartments, Ltd.	95.0%	6/26/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
66	Cedar River Estates MHC	96.6%	7/24/2014			TTM 6/30/2014	480,637	255,568	225,069	0	225,069			Actual 2013	478,388	227,243	251,145	0	251,145
67	Elmhurst House, Inc.	95.0%	5/29/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
68	270 King Street	100.0%	7/1/2014			TTM 6/30/2014	256,897	58,723	198,173	0	198,173			Annualized 9 12/31/2013	261,554	78,713	182,841	0	182,841
69	Storage Depot - Highway 77	89.8%	7/22/2014			TTM 6/30/2014	322,472	102,222	220,250	0	220,250			Actual 2013	299,460	95,481	203,979	0	203,979
70	130 E. 94th Apartments Corp.	95.0%	6/26/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
71	95 Sedgwick Owners Corp.	95.0%	7/8/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
72	Extra Space Palm Springs	76.8%	7/31/2014			TTM 6/30/2014	410,104	194,207	215,897	0	215,897			Actual 2013	383,745	179,868	203,877	0	203,877
73	2640 Marion Avenue Owners, Inc.	95.0%	7/22/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
74	Bedford Square Apartments	97.9%	7/7/2014			TTM 6/30/2014	422,554	192,453	230,101	0	230,101			Actual 2013	424,429	210,922	213,507	0	213,507
75	Kentwood MHC	79.4%	7/12/2014			TTM 6/30/2014	447,726	185,892	261,835	0	261,835			Actual 2013	441,319	229,290	212,029	0	212,029
76	Shops on Veterans	100.0%	6/3/2014			Annualized 6 6/30/2014	584,157	300,468	283,689	0	283,689			Actual 2013	578,696	294,732	283,964	0	283,964
77	Groff Studios Corp.	95.0%	6/6/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
78	828 Fifth Avenue Owners Corp.	95.0%	7/18/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
79	Samuell Self Storage	88.0%	7/31/2014			TTM 7/31/2014	356,161	170,047	186,114	0	186,114			Actual 2013	331,615	171,381	160,233	0	160,233
80	Clark Street Tenants Incorporated	95.0%	7/29/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
81	61 Irving Place Corporation	94.9%	6/27/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
82	444 East 87th Street Owners Corp.	95.0%	7/28/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
83	Longhorn Self Storage	94.1%	7/31/2014			TTM 7/31/2014	352,927	182,688	170,239	0	170,239			Actual 2013	347,080	171,116	175,964	0	175,964
84	40 W. 22nd St. Tenants Cooperative Corp.	94.7%	6/13/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
85	Cheney Center	100.0%	7/1/2014			Annualized 7 7/31/2014	296,261	97,810	198,451	0	198,451			Actual 2013	264,598	108,784	155,814	0	155,814
86	323 West 83rd Owners Corp.	95.0%	7/16/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
87	Gibbons Commons Apartments	100.0%	7/2/2014			TTM 5/31/2014	486,214	264,079	222,135	0	222,135			Actual 2013	475,914	263,240	212,674	0	212,674
88	Dollar General - Ocoee	100.0%	9/1/2014			NAV	NAV	NAV	NAV	NAV	NAV			NAV	NAV	NAV	NAV	NAV	NAV
89	Trinity Arms Ltd.	95.0%	6/10/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
90	Garden Lofts Corp.	95.2%	7/16/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP
91	Merritt Island MHC	84.9%	7/31/2014			TTM 6/30/2014	225,269	111,583	113,686	6,500	107,186			Actual 2013	219,868	85,792	134,076	63,577	70,499
92	256 West 21st Owners Corp.	95.0%	5/27/2014			NAP	NAP	NAP	NAP	NAP	NAP			NAP	NAP	NAP	NAP	NAP	NAP

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Second Most Recent Hotel ADR	Second Most Recent Hotel RevPAR	Third Most Recent Period(14)	Third Most Recent Revenues ($)(14)	Third Most Recent Expenses ($)(14)	Third Most Recent NOI ($)(14)	Third Most Recent Capital Expenditures ($)(14)	Third Most Recent NCF ($)(14)	Third Most Recent Hotel ADR	Third Most Recent Hotel RevPAR	Master Lease (Y/N)	Largest Tenant Name(15)(16)(17)	Largest Tenant Sq. Ft.	Largest Tenant % of NRA	Largest Tenant Exp. Date(15)
1	Bank of America Plaza			Actual 2012	52,527,192	22,919,691	29,607,501	0	29,607,501			N	Capital Group	323,554	22.6%	2/28/2018
2	Crossings at Corona			Actual 2012	18,460,193	5,471,353	12,988,840	0	12,988,840			N	Kohl’s	87,050	10.4%	1/31/2024
3	Columbus Square Portfolio			NAV	NAV	NAV	NAV	NAV	NAV			N	Whole Foods	62,454	12.6%	8/31/2029
4	DC Metro Mixed Use Portfolio			Actual 2012	4,712,584	1,102,967	3,609,617	0	3,609,617			N	Various	Various	Various	Various
4.01	920-928 Rhode Island Avenue			Actual 2012	1,199,787	225,357	974,430	0	974,430			N	District of Columbia- Human Resources	20,637	50.6%	1/31/2025
4.02	875 N Street			Actual 2012	685,420	229,200	456,220	0	456,220			N	HUGE, LLC	6,850	25.0%	6/1/2017
4.03	119-125 N. Washington Street			Actual 2012	407,286	150,834	256,452	0	256,452			N	Circe of Alexandria	5,752	22.3%	12/31/2020
4.04	2000 S Street			Actual 2012	444,542	111,901	332,641	0	332,641			N	Health/HIV	5,400	50.0%	6/30/2020
4.05	717 6th Street NW			Actual 2012	392,281	56,232	336,049	0	336,049			N	ROOFTOPDC, LLC	7,650	100.0%	8/1/2024
4.06	700 King Street			Actual 2012	257,054	44,167	212,887	0	212,887			N	Lululemon USA, Inc.	3,450	75.3%	9/30/2019
4.07	1330 U Street			Actual 2012	215,824	43,811	172,013	0	172,013			N	Community IT Innovators, Inc.	4,200	55.5%	10/31/2014
4.08	100 King Street			Actual 2012	403,979	59,197	344,782	0	344,782			N	Carluccio’s	6,482	100.0%	1/31/2026
4.09	301 Pennsylvania Avenue			Actual 2012	156,137	35,753	120,384	0	120,384			N	Pret A Manger Building	4,300	100.0%	5/31/2024
4.10	705 6th Street			NAV	NAV	NAV	NAV	NAV	NAV			N	Daikaya, LLC	4,200	100.0%	3/31/2023
4.11	3343 Prospect Street			Actual 2012	103,054	27,088	75,966	0	75,966			N	Down Dog Power Yoga	2,587	77.5%	4/30/2024
4.12	856 Rockville Pike			Actual 2012	140,267	21,031	119,236	0	119,236			N	Mattress Discounters Operations, LLC	4,795	100.0%	11/30/2017
4.13	106 N. Washington Street			Actual 2012	129,791	23,722	106,069	0	106,069			N	BGR Old Town, LLC	2,143	54.5%	8/31/2019
4.14	438 Massachusetts Avenue			Actual 2012	64,905	28,000	36,905	0	36,905			N	Engine 6, LLC	3,619	100.0%	1/31/2022
4.15	1726 20th Street			Actual 2012	112,257	46,674	65,583	0	65,583			N	Jahia, Inc.	1,501	49.9%	9/30/2017
5	Centennial Center & Two Century Center			Actual 2012	9,000,197	6,023,065	2,977,132	0	2,977,132			N	Various	Various	Various	Various
5.01	Centennial Center			Actual 2012	4,746,286	3,567,678	1,178,607	0	1,178,607			N	United Health Care Service	41,593	15.3%	2/28/2018
5.02	Two Century Tower			Actual 2012	4,253,911	2,455,387	1,798,525	0	1,798,525			N	Audio Visual Services Group	41,850	18.9%	6/30/2015
6	677 Broadway			Actual 2012	4,244,967	2,071,477	2,173,490	0	2,173,490			N	Wilson, Elser (WEMED)	31,283	17.7%	1/31/2021
7	Homewood Suites - New Orleans	169	131	Actual 2012	8,316,687	4,449,293	3,867,394	0	3,867,394	153	129	N
8	Culver City Office Portfolio			Actual 2012	2,424,067	912,586	1,511,481	0	1,511,481			N	Blur Studios	24,384	25.9%	10/31/2023
9	Slatten Ranch Shopping Center			Actual 2012	3,607,664	1,040,281	2,567,383	0	2,567,383			N	Bed Bath & Beyond	27,000	22.8%	1/31/2024
10	Simi Valley Shopping Center			Actual 2012	3,261,874	660,826	2,601,048	0	2,601,048			N	Vallarta	75,040	34.3%	3/31/2031
11	Stratford at Hillcrest			Actual 2012	2,771,889	1,225,457	1,546,432	0	1,546,432			N
12	Marriott Bakersfield	89	72	Actual 2012	10,054,825	8,018,359	2,036,466	0	2,036,466	87	64	N
13	Pomona Ranch Plaza			NAV	NAV	NAV	NAV	NAV	NAV			N	San Gabriel/Pomona Valley	100,000	100.0%	2/29/2024
14	Courtyard by Marriott - Orlando	117	82	Actual 2012	5,975,937	4,551,745	1,424,192	0	1,424,192	110	70	N
15	The Shops at Starwood			Actual 2012	2,035,276	675,209	1,360,067	0	1,360,067			N	Century21	5,408	9.8%	12/31/2019
16	The Shops at Pecos Ranch			Actual 2012	1,391,651	421,540	970,111	0	970,111			N	The Final LLC	16,133	20.5%	6/30/2015
17	Main Street & South Park			Actual 2012	1,829,333	500,458	1,328,875	0	1,328,875			N	Various	Various	Various	Various
17.01	South Park			Actual 2012	1,025,062	266,847	758,215	0	758,215			N	Big Lots	20,250	19.4%	1/31/2017
17.02	Main Street			Actual 2012	804,271	308,019	496,252	0	496,252			N	MEPS	20,342	51.7%	3/31/2019
18	Schlumberger Office			Actual 2012	2,756,743	1,064,775	1,691,968	0	1,691,968			N	Schlumberger Technology Corporation	155,324	100.0%	6/30/2017
19	All Storage Hwy 66			Actual 2012	1,240,903	353,644	887,259	0	887,259			N
20	Corridors Deer Valley			Actual 2012	2,304,319	1,013,025	1,291,294	0	1,291,294			N	State of Arizona	41,070	25.0%	12/4/2019
21	BJ’s Wholesale Club - Jacksonville			NAV	NAV	NAV	NAV	NAV	NAV			N	BJ’s Wholesale Club, Inc.	119,598	100.0%	1/28/2026
22	Holiday Inn Express - Flint and Fairfield Inn Madison	76	51	Actual 2012	3,898,861	2,699,651	1,199,210	0	1,199,210	75	44	N
22.01	Fairfield Inn - Madison Heights	78	60	Actual 2012	2,255,062	1,602,116	652,946	0	652,946	72	51	N
22.02	Holiday Inn Express - Flint	74	42	Actual 2012	1,643,798	1,097,535	546,263	0	546,263	80	37	N
23	Gateway Plaza			Actual 2012	1,525,875	642,619	883,256	0	883,256			N	Burlington Coat Factory	80,000	57.8%	2/28/2025
24	Promenade Merced			Actual 2012	1,176,081	375,154	800,927	0	800,927			N	UC Merced	17,812	31.7%	6/30/2018
25	Victory Village			Actual 2012	1,032,228	326,513	705,715	0	705,715			N	Publix	45,600	64.0%	9/30/2027
26	Hampton Inn & Suites Lenox	156	117	Actual 2012	3,389,456	2,057,351	1,332,105	0	1,332,105	153	116	N
27	East Forest Plaza II			Actual 2012	1,332,503	386,363	946,140	0	946,140			N	Hobby Lobby	60,000	55.0%	10/31/2019
28	San Rafael Self Storage			Actual 2012	1,043,195	299,243	743,952	0	743,952			N
29	All Storage Mustang Mini			Actual 2012	927,439	328,284	599,155	0	599,155			N
30	Marley Park Plaza			Actual 2012	495,923	434,051	61,872	0	61,872			N	Bashas’	49,212	63.5%	2/1/2028
31	English Oaks Apartments			NAV	NAV	NAV	NAV	0	NAV			N
32	WMA Shadow Portfolio			NAV	NAV	NAV	NAV	NAV	NAV			N	Various	Various	Various	Various
32.01	Spring Lake Town Center			NAV	NAV	NAV	NAV	NAV	NAV			N	Dollar Tree	10,000	33.6%	4/30/2019
32.02	Metro Junction			NAV	NAV	NAV	NAV	NAV	NAV			N	Rent-A-Center East, Inc.	6,000	25.0%	6/30/2017
32.03	Center Stage at Winder			NAV	NAV	NAV	NAV	NAV	NAV			N	Meat Man	3,080	21.1%	8/31/2015

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Second Most Recent Hotel ADR	Second Most Recent Hotel RevPAR	Third Most Recent Period(14)	Third Most Recent Revenues ($)(14)	Third Most Recent Expenses ($)(14)	Third Most Recent NOI ($)(14)	Third Most Recent Capital Expenditures ($)(14)	Third Most Recent NCF ($)(14)	Third Most Recent Hotel ADR	Third Most Recent Hotel RevPAR	Master Lease (Y/N)	Largest Tenant Name(15)(16)(17)	Largest Tenant Sq. Ft.	Largest Tenant % of NRA	Largest Tenant Exp. Date(15)
33	Larchmont Village Plaza			Actual 2012	986,677	171,303	815,374	0	815,374			N	Rite Aid Corporation	9,930	60.9%	4/30/2029
34	Jordan Hospital Medical Office			NAV	NAV	NAV	NAV	NAV	NAV			N	Jordan Physician Associates, Inc.	30,803	100.0%	2/28/2029
35	Shiloh Business Park			Actual 2012	734,633	130,331	604,302	0	604,302			N	Revive Drinks	8,780	13.6%	12/31/2017
36	Temescal Storage Center			Actual 2012	1,046,828	462,859	583,969	0	583,969			N
37	Storage Choice Sugar Land			Actual 2012	913,201	359,446	553,755	0	553,755			N
38	Chateau Villa Corp.			NAP	NAP	NAP	NAP	NAP	NAP			NAP
39	Storage Choice Pearland			Actual 2012	781,171	297,279	483,892	0	483,892			N
40	Country Life MHP			Actual 2012	1,533,876	793,687	740,189	0	740,189			N
41	Western Square Shopping Center			Actual 2012	682,524	172,287	510,237	0	510,237			N	Goodwill Industries	19,008	24.3%	9/30/2017
42	La Quinta - Lexington	71	59	Actual 2012	1,357,030	864,226	492,804	54,281	438,523	68	51	N
43	Brittany Estates			Actual 2012	660,444	383,153	277,291	0	277,291			N
44	All Storage Mustang SC			Actual 2012	596,494	174,337	422,157	0	422,157			N
45	StorQuest - Hollywood			Actual 2012	585,464	270,042	315,421	0	315,421			N
46	DAK Equities Corp.			NAP	NAP	NAP	NAP	NAP	NAP			NAP
47	Comfort Suites - Wilmington	81	45	Actual 2012	1,228,632	703,110	525,522	0	525,522	80	45	N
48	Storage Depot - Regal Row			Actual 2012	346,058	93,888	252,170	0	252,170			N
49	Big Bend Storage			Actual 2011	541,083	192,794	348,289	0	348,289			N
50	Mark Twain Owners’ Corp.			NAP	NAP	NAP	NAP	NAP	NAP			NAP
51	Town Lakes Self Storage			NAV	NAV	NAV	NAV	NAV	NAV			N
52	Renaissance Park I			Actual 2012	671,633	216,978	454,655	0	454,655			N	BB&T Insurance	9,130	31.0%	4/30/2017
53	Hidden Meadows, Inc.			NAP	NAP	NAP	NAP	NAP	NAP			NAP
54	Storage Choice Stafford			Actual 2012	575,599	331,751	243,848	0	243,848			N
55	Walgreens - Albuquerque			Actual 2011	359,774	0	359,774	0	359,774			N	Walgreens Company	14,560	100.0%	8/31/2079
56	Kingsgate Village Apartments			Actual 2012	562,788	265,689	297,099	0	297,099			N
57	StorQuest - Kalihi			Actual 2012	591,987	302,125	289,862	0	289,862			N
58	Statewide Self Storage			Actual 2012	775,405	289,614	485,791	0	485,791			N
59	Storage Depot - Huebner Commons			Actual 2012	416,097	159,346	256,751	0	256,751			N
60	Storage Choice Clear Lake			Actual 2012	493,529	248,142	245,387	0	245,387			N
61	Saratoga Storage			Actual 2012	190,060	173,714	16,346	0	16,346			N
62	Storage Depot - McAllen			Actual 2012	376,499	114,250	262,249	0	262,249			N
63	Locust Street Owners Inc.			NAP	NAP	NAP	NAP	NAP	NAP			NAP
64	Bridge Road Storage			Actual 2011	400,370	170,210	230,160	0	230,160			N
65	Midtown Manor Apartments, Ltd.			NAP	NAP	NAP	NAP	NAP	NAP			NAP
66	Cedar River Estates MHC			Actual 2012	475,786	221,874	253,912	0	253,912			N
67	Elmhurst House, Inc.			NAP	NAP	NAP	NAP	NAP	NAP			NAP
68	270 King Street			NAV	NAV	NAV	NAV	NAV	NAV			N	Rangoni Charleston Corporation	2,724	40.1%	1/31/2018
69	Storage Depot - Highway 77			Actual 2012	235,361	88,355	147,006	0	147,006			N
70	130 E. 94th Apartments Corp.			NAP	NAP	NAP	NAP	NAP	NAP			NAP
71	95 Sedgwick Owners Corp.			NAP	NAP	NAP	NAP	NAP	NAP			NAP
72	Extra Space Palm Springs			Actual 2012	326,236	188,871	137,365	0	137,365			N
73	2640 Marion Avenue Owners, Inc.			NAP	NAP	NAP	NAP	NAP	NAP			NAP
74	Bedford Square Apartments			Actual 2012	404,726	210,914	193,812	0	193,812			N
75	Kentwood MHC			Annualized 9 9/30/2012	414,087	253,527	160,560	0	160,560			N
76	Shops on Veterans			Actual 2012	562,377	300,586	261,791	0	261,791			N	Verizon Wireless	6,000	41.9%	10/31/2015
77	Groff Studios Corp.			NAP	NAP	NAP	NAP	NAP	NAP			NAP
78	828 Fifth Avenue Owners Corp.			NAP	NAP	NAP	NAP	NAP	NAP			NAP
79	Samuell Self Storage			Actual 2012	281,138	161,895	119,243	0	119,243			N
80	Clark Street Tenants Incorporated			NAP	NAP	NAP	NAP	NAP	NAP			NAP
81	61 Irving Place Corporation			NAP	NAP	NAP	NAP	NAP	NAP			NAP
82	444 East 87th Street Owners Corp.			NAP	NAP	NAP	NAP	NAP	NAP			NAP
83	Longhorn Self Storage			Actual 2012	323,828	162,526	161,302	0	161,302			N
84	40 W. 22nd St. Tenants Cooperative Corp.			NAP	NAP	NAP	NAP	NAP	NAP			NAP
85	Cheney Center			Actual 2012	256,656	92,575	164,081	0	164,081			N	Comet Cleaners	2,015	17.7%	6/30/2018
86	323 West 83rd Owners Corp.			NAP	NAP	NAP	NAP	NAP	NAP			NAP
87	Gibbons Commons Apartments			Actual 2012	476,663	296,653	180,010	0	180,010			N
88	Dollar General - Ocoee			NAV	NAV	NAV	NAV	NAV	NAV			N	Dollar General	12,382	100.0%	4/30/2029
89	Trinity Arms Ltd.			NAP	NAP	NAP	NAP	NAP	NAP			NAP
90	Garden Lofts Corp.			NAP	NAP	NAP	NAP	NAP	NAP			NAP
91	Merritt Island MHC			Actual 2012	217,907	102,441	115,466	3,100	112,366			N
92	256 West 21st Owners Corp.			NAP	NAP	NAP	NAP	NAP	NAP			NAP

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	2nd Largest Tenant Name(15)(16)(17)	2nd Largest Tenant Sq. Ft.	2nd Largest Tenant % of NRA	2nd Largest Tenant Exp. Date(15)	3rd Largest Tenant Name(16)(17)(28)	3rd Largest Tenant Sq. Ft.(28)	3rd Largest Tenant % of NRA	3rd Largest Tenant Exp. Date
1	Bank of America Plaza	Shepard Mullin	185,927	13.0%	12/31/2024	Bank of America	163,512	11.4%	6/30/2022
2	Crossings at Corona	Edward’s Cinemas (Regal)	80,485	9.6%	11/30/2019	Toys/Babies R Us	63,359	7.6%	1/31/2019
3	Columbus Square Portfolio	Mandell Nursery	55,022	11.1%	6/30/2030	TJ Maxx	40,550	8.2%	10/31/2019
4	DC Metro Mixed Use Portfolio	Various	Various	Various	Various	Various	Various	Various	Various
4.01	920-928 Rhode Island Avenue	District of Columbia- Courts	20,109	49.4%	11/30/2017
4.02	875 N Street	Columbo Bank	6,042	22.1%	7/31/2019
4.03	119-125 N. Washington Street	Fine’Tique, Inc.	5,230	20.3%	8/31/2024	Legal Services of NVA	1,973	7.7%	9/30/2017
4.04	2000 S Street	Laogai Research Foundation	5,400	50.0%	6/30/2020
4.05	717 6th Street NW
4.06	700 King Street	Tu-Anh Nguyen, LLC	1,134	24.7%	5/31/2017
4.07	1330 U Street	District Pub Group, LLC	3,370	44.5%	11/30/2023
4.08	100 King Street
4.09	301 Pennsylvania Avenue
4.10	705 6th Street
4.11	3343 Prospect Street	Youm & K, Inc.	750	22.5%	5/31/2020
4.12	856 Rockville Pike
4.13	106 N. Washington Street	Urban Angler, LLC	1,792	45.5%	6/30/2017
4.14	438 Massachusetts Avenue
4.15	1726 20th Street	Iron Bean 1215, Inc.	755	25.1%	12/31/2019	TAG B Parking, LLC	755	25.1%	1/31/2017
5	Centennial Center & Two Century Center	Various	Various	Various	Various	Various	Various	Various	Various
5.01	Centennial Center	Crawford & Company	25,637	9.4%	9/30/2022	Pulte Home Corporation	24,810	9.1%	12/31/2021
5.02	Two Century Tower	Interactive Health Solutions	26,582	12.0%	6/30/2023	Motor Coach Industries	21,299	9.6%	12/31/2018
6	677 Broadway	McNamee, Lochner, Titus & Williams	31,282	17.7%	4/30/2020	Arthur Gallagher & Co	15,641	8.8%	4/30/2020
7	Homewood Suites - New Orleans
8	Culver City Office Portfolio	The Tennis Channel	17,355	18.5%	9/30/2015	Hornet Animations	8,660	9.2%	3/31/2018
9	Slatten Ranch Shopping Center	Barnes & Noble	23,000	19.5%	1/31/2019	Cost Plus	17,750	15.0%	1/31/2019
10	Simi Valley Shopping Center	Gold’s Gym	38,892	17.8%	11/14/2021	Tristone Cinema Group, LLC	37,000	16.9%	12/2/2019
11	Stratford at Hillcrest
12	Marriott Bakersfield
13	Pomona Ranch Plaza
14	Courtyard by Marriott - Orlando
15	The Shops at Starwood	Bonnie Ruth’s Café Trottoir et Patisserie	5,255	9.5%	11/30/2016	Tupy’s Mexican Food	4,686	8.5%	8/1/2020
16	The Shops at Pecos Ranch	Mini Skool Early Learning Centers, Inc.	10,685	13.6%	6/30/2019	Nando’s of Chandler	5,760	7.3%	5/31/2022
17	Main Street & South Park	Various	Various	Various	Various	Various	Various	Various	Various
17.01	South Park	Citi Trends	16,500	15.8%	4/30/2019	Burke’s Outlet Stores	13,500	12.9%	4/30/2015
17.02	Main Street	Denny’s	9,100	23.1%	4/30/2022	El Jimador Grill	5,850	14.9%	8/31/2018
18	Schlumberger Office
19	All Storage Hwy 66
20	Corridors Deer Valley	Rocky Mtn. Info Network	22,700	13.8%	9/30/2016	Performance Software Corporation	20,708	12.6%	7/31/2017
21	BJ’s Wholesale Club - Jacksonville
22	Holiday Inn Express - Flint and Fairfield Inn Madison
22.01	Fairfield Inn - Madison Heights
22.02	Holiday Inn Express - Flint
23	Gateway Plaza	Laser Legend	14,975	10.8%	10/31/2020	Goodwill Industries of San Antonio	13,500	9.8%	10/31/2018
24	Promenade Merced	Perdi Bar And Salon	3,354	6.0%	12/31/2017	Heritage Management Group	3,292	5.9%	1/31/2019
25	Victory Village	Garcia’s Mexican Restaurant	4,175	5.9%	1/31/2015	Victory Liquor & Wine	3,150	4.4%	12/31/2017
26	Hampton Inn & Suites Lenox
27	East Forest Plaza II	Southern Island Retail Stores, Inc.	25,000	22.9%	10/31/2019	Kool Smiles	5,000	4.6%	12/31/2015
28	San Rafael Self Storage
29	All Storage Mustang Mini
30	Marley Park Plaza	Sanity Salon & Spa	2,792	3.6%	1/31/2016	Legendary Martial Arts	2,756	3.6%	10/31/2017
31	English Oaks Apartments
32	WMA Shadow Portfolio	Various	Various	Various	Various	Various	Various	Various	Various
32.01	Spring Lake Town Center	Cato	4,160	14.0%	1/31/2015	HobbyTown USA	3,200	10.8%	4/30/2016
32.02	Metro Junction	Cato	4,640	19.3%	1/31/2017	It’s Fashion	3,040	12.7%	1/31/2017
32.03	Center Stage at Winder	H&R Block	2,100	14.4%	7/31/2015	Gold & Silver Exchange	1,750	12.0%	8/31/2015

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	2nd Largest Tenant Name(15)(16)(17)	2nd Largest Tenant Sq. Ft.	2nd Largest Tenant % of NRA	2nd Largest Tenant Exp. Date(15)	3rd Largest Tenant Name(16)(17)(28)	3rd Largest Tenant Sq. Ft.(28)	3rd Largest Tenant % of NRA	3rd Largest Tenant Exp. Date
33	Larchmont Village Plaza	Larchmont Beauty Center	2,120	13.0%	6/30/2019	Joane Henneberger Pickett	1,697	10.4%	6/30/2016
34	Jordan Hospital Medical Office
35	Shiloh Business Park	WildBrine	8,760	13.6%	3/5/2015	Bravo Restoration Co.	3,930	6.1%	4/30/2016
36	Temescal Storage Center
37	Storage Choice Sugar Land
38	Chateau Villa Corp.
39	Storage Choice Pearland
40	Country Life MHP
41	Western Square Shopping Center	CSL Plasma, Inc.	11,495	14.7%	3/31/2028	Family Dollar Store 271	9,000	11.5%	12/31/2016
42	La Quinta - Lexington
43	Brittany Estates
44	All Storage Mustang SC
45	StorQuest - Hollywood
46	DAK Equities Corp.
47	Comfort Suites - Wilmington
48	Storage Depot - Regal Row
49	Big Bend Storage
50	Mark Twain Owners’ Corp.
51	Town Lakes Self Storage
52	Renaissance Park I	Dean Witter Reynolds	7,288	24.7%	2/28/2017	Northwestern Mutual	6,995	23.7%	10/30/2021
53	Hidden Meadows, Inc.
54	Storage Choice Stafford
55	Walgreens - Albuquerque
56	Kingsgate Village Apartments
57	StorQuest - Kalihi
58	Statewide Self Storage
59	Storage Depot - Huebner Commons
60	Storage Choice Clear Lake
61	Saratoga Storage
62	Storage Depot - McAllen
63	Locust Street Owners Inc.
64	Bridge Road Storage
65	Midtown Manor Apartments, Ltd.
66	Cedar River Estates MHC
67	Elmhurst House, Inc.
68	270 King Street	Rewind LLC (Candlefish)	2,319	34.1%	1/31/2018	P.J.T., Inc.	1,751	25.8%	12/31/2015
69	Storage Depot - Highway 77
70	130 E. 94th Apartments Corp.
71	95 Sedgwick Owners Corp.
72	Extra Space Palm Springs
73	2640 Marion Avenue Owners, Inc.
74	Bedford Square Apartments
75	Kentwood MHC
76	Shops on Veterans	Starbucks	1,900	13.3%	6/30/2018	Sally Beauty	1,716	12.0%	6/30/2018
77	Groff Studios Corp.
78	828 Fifth Avenue Owners Corp.
79	Samuell Self Storage
80	Clark Street Tenants Incorporated
81	61 Irving Place Corporation
82	444 East 87th Street Owners Corp.
83	Longhorn Self Storage
84	40 W. 22nd St. Tenants Cooperative Corp.
85	Cheney Center	Uncle Bo’s Hamburgers	1,950	17.1%	11/30/2017	EZ Money	1,935	17.0%	8/26/2016
86	323 West 83rd Owners Corp.
87	Gibbons Commons Apartments
88	Dollar General - Ocoee
89	Trinity Arms Ltd.
90	Garden Lofts Corp.
91	Merritt Island MHC
92	256 West 21st Owners Corp.

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	4th Largest Tenant Name(15)(16)(17)(28)	4th Largest Tenant Sq. Ft.(28)	4th Largest Tenant % of NRA	4th Largest Tenant Exp. Date
1	Bank of America Plaza	Kirkland & Ellis	101,756	7.1%	12/31/2019
2	Crossings at Corona	Best Buy	45,000	5.4%	1/31/2019
3	Columbus Square Portfolio	Michael’s	34,424	7.0%	3/31/2020
4	DC Metro Mixed Use Portfolio	Various	Various	Various	Various
4.01	920-928 Rhode Island Avenue
4.02	875 N Street
4.03	119-125 N. Washington Street
4.04	2000 S Street
4.05	717 6th Street NW
4.06	700 King Street
4.07	1330 U Street
4.08	100 King Street
4.09	301 Pennsylvania Avenue
4.10	705 6th Street
4.11	3343 Prospect Street
4.12	856 Rockville Pike
4.13	106 N. Washington Street
4.14	438 Massachusetts Avenue
4.15	1726 20th Street
5	Centennial Center & Two Century Center	Various	Various	Various	Various
5.01	Centennial Center	Metropolitan Life Insurance	21,834	8.0%	1/31/2016
5.02	Two Century Tower	Benefit Express Services	21,295	9.6%	2/28/2023
6	677 Broadway	Nixon Peabody, LLP	15,358	8.7%	12/23/2018
7	Homewood Suites - New Orleans
8	Culver City Office Portfolio	PCCP Studio City	8,160	8.7%	12/31/2014
9	Slatten Ranch Shopping Center	Pier 1 Imports	9,998	8.5%	2/28/2019
10	Simi Valley Shopping Center	Mission View Public	6,150	2.8%	8/31/2017
11	Stratford at Hillcrest
12	Marriott Bakersfield
13	Pomona Ranch Plaza
14	Courtyard by Marriott - Orlando
15	The Shops at Starwood	Tru Fire Kitchen and Bar	3,499	6.3%	7/17/2018
16	The Shops at Pecos Ranch	Uncle Bears at Dobso	4,855	6.2%	10/31/2017
17	Main Street & South Park	Various	Various	Various	Various
17.01	South Park	Aaron’s Rental	8,100	7.8%	8/31/2018
17.02	Main Street	Rent A Wheel	4,092	10.4%	8/31/2015
18	Schlumberger Office
19	All Storage Hwy 66
20	Corridors Deer Valley	Bechtel Communications	18,116	11.0%	3/31/2015
21	BJ’s Wholesale Club - Jacksonville
22	Holiday Inn Express - Flint and Fairfield Inn Madison
22.01	Fairfield Inn - Madison Heights
22.02	Holiday Inn Express - Flint
23	Gateway Plaza	Hancock Fabrics	13,500	9.8%	2/28/2019
24	Promenade Merced	Strings Italian Restaurant	3,044	5.4%	3/31/2015
25	Victory Village	Blackman Grove Dental	2,800	3.9%	1/31/2020
26	Hampton Inn & Suites Lenox
27	East Forest Plaza II	US Patriot	4,650	4.3%	9/30/2019
28	San Rafael Self Storage
29	All Storage Mustang Mini
30	Marley Park Plaza	Vogue Bistro	2,112	2.7%	9/30/2017
31	English Oaks Apartments
32	WMA Shadow Portfolio	Various	Various	Various	Various
32.01	Spring Lake Town Center	Shoe Show	2,800	9.4%	4/30/2017
32.02	Metro Junction	Radio Shack	2,700	11.3%	1/31/2020
32.03	Center Stage at Winder	Oriental Kitchen	1,400	9.6%	12/31/2014

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	4th Largest Tenant Name(15)(16)(17)(28)	4th Largest Tenant Sq. Ft.(28)	4th Largest Tenant % of NRA	4th Largest Tenant Exp. Date
33	Larchmont Village Plaza	Starbucks Corporation	1,150	7.1%	12/1/2021
34	Jordan Hospital Medical Office
35	Shiloh Business Park	Hydroponics Co.	3,000	4.7%	9/30/2015
36	Temescal Storage Center
37	Storage Choice Sugar Land
38	Chateau Villa Corp.
39	Storage Choice Pearland
40	Country Life MHP
41	Western Square Shopping Center	Super Mercado El Rey	8,625	11.0%	10/31/2015
42	La Quinta - Lexington
43	Brittany Estates
44	All Storage Mustang SC
45	StorQuest - Hollywood
46	DAK Equities Corp.
47	Comfort Suites - Wilmington
48	Storage Depot - Regal Row
49	Big Bend Storage
50	Mark Twain Owners’ Corp.
51	Town Lakes Self Storage
52	Renaissance Park I	Thomas Construction	4,730	16.0%	2/28/2019
53	Hidden Meadows, Inc.
54	Storage Choice Stafford
55	Walgreens - Albuquerque
56	Kingsgate Village Apartments
57	StorQuest - Kalihi
58	Statewide Self Storage
59	Storage Depot - Huebner Commons
60	Storage Choice Clear Lake
61	Saratoga Storage
62	Storage Depot - McAllen
63	Locust Street Owners Inc.
64	Bridge Road Storage
65	Midtown Manor Apartments, Ltd.
66	Cedar River Estates MHC
67	Elmhurst House, Inc.
68	270 King Street
69	Storage Depot - Highway 77
70	130 E. 94th Apartments Corp.
71	95 Sedgwick Owners Corp.
72	Extra Space Palm Springs
73	2640 Marion Avenue Owners, Inc.
74	Bedford Square Apartments
75	Kentwood MHC
76	Shops on Veterans	Subway	1,716	12.0%	2/28/2019
77	Groff Studios Corp.
78	828 Fifth Avenue Owners Corp.
79	Samuell Self Storage
80	Clark Street Tenants Incorporated
81	61 Irving Place Corporation
82	444 East 87th Street Owners Corp.
83	Longhorn Self Storage
84	40 W. 22nd St. Tenants Cooperative Corp.
85	Cheney Center	Fuji Foot Spa	1,300	11.4%	7/31/2018
86	323 West 83rd Owners Corp.
87	Gibbons Commons Apartments
88	Dollar General - Ocoee
89	Trinity Arms Ltd.
90	Garden Lofts Corp.
91	Merritt Island MHC
92	256 West 21st Owners Corp.

WFRBS Commercial Mortgage Trust 2014-C23

ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

Mortgage Loan Number

Property Name

5th Largest Tenant Name(16)(17)

5th Largest Tenant Sq. Ft.

5th Largest Tenant % of NRA

5th Largest Tenant Exp. Date

Engineering Report Date

Environmental Report Date (Phase I)

Environmental Report Date (Phase II)

Seismic PML %

Seismic Insurance Required  (Y/N)

Terrorism Insurance (Y/N)

Loan Purpose

Engineering Escrow / Deferred Maintenance ($)

Tax Escrow (Initial) ($)

1

Bank of America Plaza

Alston & Bird

81,094

5.7%

12/31/2023

7/7/2014

7/7/2014

13.0%

N

Y

Refinance

0

4,151,842

2

Crossings at Corona

Jerome’s Furniture

42,500

5.1%

10/31/2020

8/7/2014

8/7/2014

13.0%

N

Y

Refinance

0

2,117,050

3

Columbus Square Portfolio

HomeGoods

27,019

5.5%

5/31/2021

7/15/2014

7/15/2014

N

Y

Refinance

0

249,368

4

DC Metro Mixed Use Portfolio

Various

Various

Various

Various

Various

Various

N

Y

Refinance

118,188

246,626

4.01

920-928 Rhode Island Avenue

5/28/2014

5/20/2014

6/25/2014

N

Y

4.02

875 N Street

5/28/2014

5/20/2014

N

Y

4.03

119-125 N. Washington Street

5/29/2014

5/19/2014

N

Y

4.04

2000 S Street

5/28/2014

5/23/2014

N

Y

4.05

717 6th Street NW

6/9/2014

6/10/2014

6/30/2014

N

Y

4.06

700 King Street

5/28/2014

5/28/2014

N

Y

4.07

1330 U Street

5/28/2014

5/28/2014

N

Y

4.08

100 King Street

5/28/2014

5/28/2014

N

Y

4.09

301 Pennsylvania Avenue

5/28/2014

5/28/2014

N

Y

4.10

705 6th Street

5/28/2014

5/28/2014

N

Y

4.11

3343 Prospect Street

5/28/2014

5/28/2014

6/25/2014

N

Y

4.12

856 Rockville Pike

5/28/2014

5/28/2014

N

Y

4.13

106 N. Washington Street

5/28/2014

5/28/2014

N

Y

4.14

438 Massachusetts Avenue

5/29/2014

5/28/2014

N

Y

4.15

1726 20th Street

5/28/2014

5/27/2014

N

Y

5

Centennial Center & Two Century Center

Various

Various

Various

Various

7/21/2014

7/25/2014

N

Y

Refinance

49,871

891,260

5.01

Centennial Center

J-Power USA Development

13,781

5.1%

8/31/2017

7/21/2014

7/25/2014

N

Y

5.02

Two Century Tower

American Auto Guardian

16,191

7.3%

12/31/2020

7/21/2014

7/25/2014

N

Y

6

677 Broadway

677 Prime, LLC

13,767

7.8%

12/31/2021

7/17/2014

7/18/2014

N

Y

Acquisition

0

404,967

7

Homewood Suites - New Orleans

5/30/2014

6/26/2014

N

Y

Refinance

0

194,336

8

Culver City Office Portfolio

Fullscreen, Inc

5,597

6.0%

3/31/2015

Hayden: 7/21/2014; Ince/Lindblade: 7/15/2014

7/17/2014

Hayden: 18%; Ince/Lindblade: 18%

N

Y

Refinance

0

84,169

9

Slatten Ranch Shopping Center

The Dress Barn

7,300

6.2%

12/31/2018

6/13/2014

6/13/2014

9.0%

N

Y

Refinance

0

79,980

10

Simi Valley Shopping Center

Simi Valley Laundry

5,985

2.7%

2/28/2017

11/27/2013

11/27/2013

17.0%

N

Y

Refinance

0

195,018

11

Stratford at Hillcrest

8/6/2014

8/6/2014

N

Y

Refinance

11,400

291,578

12

Marriott Bakersfield

7/25/2014

7/24/2014

10.0%

N

Y

Refinance

0

90,833

13

Pomona Ranch Plaza

8/13/2014

9/3/2014

13.0%

N

Y

Refinance

0

162,500

14

Courtyard by Marriott - Orlando

6/20/2014

6/20/2014

N

Y

Refinance

0

171,484

15

The Shops at Starwood

Kotta Sushi Lounge

3,102

5.6%

2/28/2022

8/6/2014

8/6/2014

N

Y

Refinance

0

266,319

16

The Shops at Pecos Ranch

Jack Peterson LLC

4,711

6.0%

3/31/2021

8/6/2014

8/27/2014

N

Y

Refinance

0

14,271

17

Main Street & South Park

Various

Various

Various

Various

4/11/2014

Various

N

Y

Refinance

70,406

134,195

17.01

South Park

Kool Smiles

6,400

6.1%

1/31/2018

4/11/2014

7/18/2014

N

Y

17.02

Main Street

4/11/2014

8/18/2014

N

Y

18

Schlumberger Office

8/19/2014

8/13/2014

N

Y

Acquisition

205,221

218,594

19

All Storage Hwy 66

7/2/2014

7/1/2014

N

Y

Refinance

8,313

64,408

20

Corridors Deer Valley

Enghouse Interactive (Syntellect)

15,396

9.4%

9/30/2017

6/23/2014

6/20/2014

N

Y

Acquisition

118,716

25,933

21

BJ’s Wholesale Club - Jacksonville

6/5/2014

6/5/2014

N

Y

Acquisition

37,000

0

22

Holiday Inn Express - Flint and Fairfield Inn Madison

5/5/2014

5/5/2014

N

Y

Refinance

0

13,307

22.01

Fairfield Inn - Madison Heights

5/5/2014

5/5/2014

N

Y

22.02

Holiday Inn Express - Flint

5/5/2014

5/5/2014

N

Y

23

Gateway Plaza

Sweet Repeats, Ltd.

3,000

2.2%

1/31/2016

7/21/2014

7/18/2014

N

Y

Acquisition

27,750

102,293

24

Promenade Merced

Rabobank

2,225

4.0%

11/30/2016

7/1/2014

7/1/2014

7.0%

N

Y

Refinance

0

45,558

25

Victory Village

Goodwill Industries

1,500

2.1%

9/30/2016

7/16/2014

7/17/2014

N

Y

Refinance

0

118,535

26

Hampton Inn & Suites Lenox

8/4/2014

8/1/2014

N

Y

Refinance

6,563

29,412

27

East Forest Plaza II

Payless Shoesource

3,200

2.9%

11/30/2019

6/5/2014

6/5/2014

N

Y

Refinance

0

213,110

28

San Rafael Self Storage

5/22/2014

5/21/2014

15.0%

N

Y

Refinance

0

15,636

29

All Storage Mustang Mini

7/22/2014

7/22/2014

N

Y

Refinance

0

58,971

30

Marley Park Plaza

Martineau Family

1,937

2.5%

12/31/2017

7/16/2014

7/17/2014

N

Y

Acquisition

0

98,857

31

English Oaks Apartments

7/17/2014

7/17/2014

N

Y

Refinance

104,460

0

32

WMA Shadow Portfolio

Various

Various

Various

Various

Various

Various

N

Y

Acquisition

0

63,158

32.01

Spring Lake Town Center

OneMain Financial

2,000

6.7%

4/30/2017

7/21/2014

6/30/2014

N

Y

32.02

Metro Junction

Sally Beauty

1,600

6.7%

12/31/2016

7/22/2014

7/18/2014

N

Y

32.03

Center Stage at Winder

Gamestop

1,400

9.6%

6/30/2015

7/22/2014

4/7/2014

N

Y

WFRBS Commercial Mortgage Trust 2014-C23

ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

Mortgage Loan Number

Property Name

5th Largest Tenant Name(16)(17)

5th Largest Tenant Sq. Ft.

5th Largest Tenant % of NRA

5th Largest Tenant Exp. Date

Engineering Report Date

Environmental Report Date (Phase I)

Environmental Report Date (Phase II)

Seismic PML %

Seismic Insurance Required  (Y/N)

Terrorism Insurance (Y/N)

Loan Purpose

Engineering Escrow / Deferred Maintenance ($)

Tax Escrow (Initial) ($)

33

Larchmont Village Plaza

Hans Custom Optik

800

4.9%

4/30/2015

7/18/2014

7/18/2014

16.0%

N

Y

Refinance

0

0

34

Jordan Hospital Medical Office

4/14/2014

4/14/2014

N

Y

Acquisition

0

0

35

Shiloh Business Park

Ohagin Mfg Inc

2,400

3.7%

1/31/2015

8/11/2014

8/8/2014

10.0%

N

Y

Refinance

0

18,813

36

Temescal Storage Center

3/24/2014

7/11/2014

8.0%

N

Y

Refinance

0

0

37

Storage Choice Sugar Land

8/13/2014

8/12/2014

N

Y

Refinance

53,750

68,125

38

Chateau Villa Corp.

7/17/2014

8/28/2014

N

Y

Refinance

0

0

39

Storage Choice Pearland

8/13/2014

8/12/2014

N

Y

Refinance

0

61,126

40

Country Life MHP

8/6/2014

8/8/2014

15.0%

N

Y

Refinance

0

26,301

41

Western Square Shopping Center

Rent-A-Center

6,900

8.8%

9/30/2019

7/29/2014

7/25/2014

N

Y

Refinance

0

62,490

42

La Quinta - Lexington

8/15/2014

8/15/2014

N

Y

Refinance

0

31,970

43

Brittany Estates

8/19/2014

8/19/2014

N

Y

Acquisition

0

42,686

44

All Storage Mustang SC

7/2/2014

7/8/2014

N

Y

Refinance

22,188

21,753

45

StorQuest - Hollywood

6/6/2014

6/9/2014

13.0%

N

Y

Refinance

0

22,568

46

DAK Equities Corp.

6/30/2014

6/23/2014

N

Y

Refinance

0

0

47

Comfort Suites - Wilmington

8/20/2014

8/20/2014

N

Y

Refinance

2,750

9,127

48

Storage Depot - Regal Row

6/25/2014

6/25/2014

N

Y

Refinance

0

26,572

49

Big Bend Storage

7/23/2014

7/22/2014

N

Y

Acquisition

0

44,639

50

Mark Twain Owners’ Corp.

6/19/2014

6/20/2014

N

Y

Refinance

0

0

51

Town Lakes Self Storage

7/23/2014

7/23/2014

N

Y

Acquisition

0

26,960

52

Renaissance Park I

Premium Image Group

1,345

4.6%

2/28/2015

5/23/2014

5/23/2014

N

Y

Refinance

0

27,720

53

Hidden Meadows, Inc.

6/19/2014

6/19/2014

N

Y

Refinance

0

128,314

54

Storage Choice Stafford

8/12/2014

8/11/2014

N

Y

Refinance

0

91,404

55

Walgreens - Albuquerque

4/23/2014

4/23/2014

N

N

Refinance

0

0

56

Kingsgate Village Apartments

7/3/2014

7/2/2014

N

Y

Acquisition

0

11,668

57

StorQuest - Kalihi

6/10/2014

6/10/2014

N

Y

Refinance

0

2,812

58

Statewide Self Storage

7/7/2014

7/7/2014

9.0%

N

Y

Refinance

0

20,432

59

Storage Depot - Huebner Commons

6/25/2014

6/25/2014

N

Y

Refinance

0

37,488

60

Storage Choice Clear Lake

8/12/2014

8/11/2014

N

Y

Refinance

0

75,847

61

Saratoga Storage

4/7/2014

4/7/2014

12.0%

N

Y

Refinance

0

42,999

62

Storage Depot - McAllen

6/25/2014

6/25/2014

N

Y

Refinance

0

20,328

63

Locust Street Owners Inc.

6/3/2014

6/3/2014

N

Y

Refinance

0

51,301

64

Bridge Road Storage

7/22/2014

7/23/2014

N

Y

Acquisition

0

28,321

65

Midtown Manor Apartments, Ltd.

7/2/2014

7/2/2014

N

Y

Refinance

0

42,417

66

Cedar River Estates MHC

7/3/2014

7/2/2014

N

Y

Refinance

0

10,485

67

Elmhurst House, Inc.

6/2/2014

6/2/2014

N

Y

Refinance

0

0

68

270 King Street

7/24/2014

8/13/2014

N

Y

Refinance

0

26,973

69

Storage Depot - Highway 77

6/25/2014

6/25/2014

N

Y

Refinance

0

16,352

70

130 E. 94th Apartments Corp.

7/14/2014

7/8/2014

N

Y

Refinance

0

0

71

95 Sedgwick Owners Corp.

7/14/2014

7/15/2014

N

Y

Refinance

0

0

72

Extra Space Palm Springs

8/4/2014

8/4/2014

15.0%

N

Y

Refinance

0

0

73

2640 Marion Avenue Owners, Inc.

8/5/2014

8/5/2014

N

Y

Refinance

0

11,667

74

Bedford Square Apartments

6/20/2014

6/20/2014

N

Y

Refinance

16,063

6,980

75

Kentwood MHC

7/9/2014

7/9/2014

N

Y

Refinance

0

7,746

76

Shops on Veterans

GameStop

1,666

11.6%

1/31/2019

6/30/2014

6/30/2014

N

Y

Refinance

13,750

36,520

77

Groff Studios Corp.

6/16/2014

6/13/2014

N

Y

Refinance

0

0

78

828 Fifth Avenue Owners Corp.

7/28/2014

7/28/2014

N

Y

Refinance

0

0

79

Samuell Self Storage

7/28/2014

7/28/2014

N

Y

Refinance

91,250

30,025

80

Clark Street Tenants Incorporated

8/13/2014

8/12/2014

N

Y

Refinance

0

14,132

81

61 Irving Place Corporation

7/2/2014

7/2/2014

N

Y

Refinance

0

0

82

444 East 87th Street Owners Corp.

8/4/2014

8/1/2014

N

Y

Refinance

0

0

83

Longhorn Self Storage

7/30/2014

7/30/2014

N

Y

Refinance

0

35,440

84

40 W. 22nd St. Tenants Cooperative Corp.

6/18/2014

6/18/2014

N

Y

Refinance

0

0

85

Cheney Center

Habaneros

1,120

9.8%

3/31/2019

7/16/2014

7/14/2014

N

Y

Refinance

0

45,166

86

323 West 83rd Owners Corp.

7/30/2014

7/30/2014

N

Y

Refinance

0

13,333

87

Gibbons Commons Apartments

8/4/2014

7/9/2014

N

Y

Refinance

43,125

20,496

88

Dollar General - Ocoee

3/31/2014

2/19/2014

N

Y

Acquisition

0

0

89

Trinity Arms Ltd.

6/26/2014

6/26/2014

N

Y

Refinance

0

0

90

Garden Lofts Corp.

7/28/2014

7/28/2014

N

Y

Refinance

0

0

91

Merritt Island MHC

7/16/2014

7/15/2014

N

Y

Acquisition

0

23,595

92

256 West 21st Owners Corp.

6/4/2014

6/4/2014

N

Y

Refinance

0

0

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Monthly Tax Escrow ($)	Tax Escrow - Cash or LoC	Tax Escrow - LoC Counterparty	Insurance Escrow (Initial) ($)	Monthly Insurance Escrow ($)	Insurance Escrow - Cash or LoC	Insurance Escrow - LoC Counterparty
1	Bank of America Plaza	518,981	Cash		0	Springing
2	Crossings at Corona	229,672	Cash		0	Springing
3	Columbus Square Portfolio	77,575	Cash		0	Springing
4	DC Metro Mixed Use Portfolio	49,325	Cash		5,513	Springing	Cash
4.01	920-928 Rhode Island Avenue
4.02	875 N Street
4.03	119-125 N. Washington Street
4.04	2000 S Street
4.05	717 6th Street NW
4.06	700 King Street
4.07	1330 U Street
4.08	100 King Street
4.09	301 Pennsylvania Avenue
4.10	705 6th Street
4.11	3343 Prospect Street
4.12	856 Rockville Pike
4.13	106 N. Washington Street
4.14	438 Massachusetts Avenue
4.15	1726 20th Street
5	Centennial Center & Two Century Center	222,815	Cash		110,351	7,882	Cash
5.01	Centennial Center
5.02	Two Century Tower
6	677 Broadway	50,268	Cash		15,519	5,173	Cash
7	Homewood Suites - New Orleans	27,763	Cash		0	Springing
8	Culver City Office Portfolio	14,028	Cash		0	Springing
9	Slatten Ranch Shopping Center	26,660	Cash		0	Springing
10	Simi Valley Shopping Center	24,377	Cash		35,656	3,962	Cash
11	Stratford at Hillcrest	26,507	Cash		32,136	4,591	Cash
12	Marriott Bakersfield	18,167	Cash		53,209	6,651	Cash
13	Pomona Ranch Plaza	27,083	Cash		10,484	1,311	Cash
14	Courtyard by Marriott - Orlando	19,054	Cash		0	Springing
15	The Shops at Starwood	29,591	Cash		0	Springing
16	The Shops at Pecos Ranch	14,271	Cash		0	Springing
17	Main Street & South Park	12,200	Cash		76,861	8,540	Cash
17.01	South Park
17.02	Main Street
18	Schlumberger Office	21,859	Cash		26,182	6,546	Cash
19	All Storage Hwy 66	6,441	Cash		8,286	1,381	Cash
20	Corridors Deer Valley	25,933	Cash		0	Springing
21	BJ’s Wholesale Club - Jacksonville	Springing			6,784	3,391	Cash
22	Holiday Inn Express - Flint and Fairfield Inn Madison	13,307	Cash		5,851	Springing	Cash
22.01	Fairfield Inn - Madison Heights
22.02	Holiday Inn Express - Flint
23	Gateway Plaza	19,528	Cash		0	Springing
24	Promenade Merced	7,593	Cash		0	Springing
25	Victory Village	10,776; Springing	Cash		0	Springing
26	Hampton Inn & Suites Lenox	5,882	Cash		25,131	3,141	Cash
27	East Forest Plaza II	23,679	Cash		7,166	2,389	Cash
28	San Rafael Self Storage	3,909	Cash		0	Springing
29	All Storage Mustang Mini	5,897	Cash		9,543	1,590	Cash
30	Marley Park Plaza	19,775	Cash		1,900	950	Cash
31	English Oaks Apartments	11,379	Cash		71,672	4,485	LOC
32	WMA Shadow Portfolio	8,175	Cash		0	Springing
32.01	Spring Lake Town Center
32.02	Metro Junction
32.03	Center Stage at Winder

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Monthly Tax Escrow ($)	Tax Escrow - Cash or LoC	Tax Escrow - LoC Counterparty	Insurance Escrow (Initial) ($)	Monthly Insurance Escrow ($)	Insurance Escrow - Cash or LoC	Insurance Escrow - LoC Counterparty
33	Larchmont Village Plaza	0			0	0
34	Jordan Hospital Medical Office	Springing			0	Springing
35	Shiloh Business Park	4,703	Cash		2,809	1,404	Cash
36	Temescal Storage Center	Springing			0	Springing
37	Storage Choice Sugar Land	6,813	Cash		11,549	2,887	Cash
38	Chateau Villa Corp.	Springing			0	Springing
39	Storage Choice Pearland	6,113	Cash		10,578	2,644	Cash
40	Country Life MHP	4,384	Cash		10,735	1,534	Cash
41	Western Square Shopping Center	6,943	Cash		15,110	1,374	Cash
42	La Quinta - Lexington	2,459	Cash		3,732	Springing	Cash
43	Brittany Estates	3,881	Cash		17,400	1,740	Cash
44	All Storage Mustang SC	2,175	Cash		9,647	1,608	Cash
45	StorQuest - Hollywood	5,642	Cash		0	Springing
46	DAK Equities Corp.	Springing			0	Springing
47	Comfort Suites - Wilmington	3,042	Cash		8,229	2,743	Cash
48	Storage Depot - Regal Row	3,345	Cash		0	Springing
49	Big Bend Storage	3,720	Cash		5,082	1,694	Cash
50	Mark Twain Owners’ Corp.	Springing			0	Springing
51	Town Lakes Self Storage	2,247	Cash		4,467	1,489	Cash
52	Renaissance Park I	3,465	Cash		0	981	Cash
53	Hidden Meadows, Inc.	21,386	Cash		0	Springing
54	Storage Choice Stafford	9,140	Cash		10,018	2,504	Cash
55	Walgreens - Albuquerque	Springing			0	Springing
56	Kingsgate Village Apartments	5,834	Cash		0	1,339	Cash
57	StorQuest - Kalihi	2,812	Cash		6,102	1,017	Cash
58	Statewide Self Storage	5,108	Cash		876	876	Cash
59	Storage Depot - Huebner Commons	4,686	Cash		0	Springing
60	Storage Choice Clear Lake	7,585	Cash		7,108	1,777	Cash
61	Saratoga Storage	3,909	Cash		3,093	344	Cash
62	Storage Depot - McAllen	2,541	Cash		0	Springing
63	Locust Street Owners Inc.	15,344	Cash		0	Springing
64	Bridge Road Storage	2,360	Cash		2,541	847	Cash
65	Midtown Manor Apartments, Ltd.	42,417	Cash		0	Springing
66	Cedar River Estates MHC	3,495	Cash		3,280	364	Cash
67	Elmhurst House, Inc.	Springing			0	Springing
68	270 King Street	2,997	Cash		1,949	1,949	Cash
69	Storage Depot - Highway 77	2,044	Cash		0	Springing
70	130 E. 94th Apartments Corp.	Springing			0	Springing
71	95 Sedgwick Owners Corp.	Springing			0	Springing
72	Extra Space Palm Springs	Springing			0	Springing
73	2640 Marion Avenue Owners, Inc.	11,667	Cash		0	Springing
74	Bedford Square Apartments	3,490	Cash		0	Springing
75	Kentwood MHC	2,582	Cash		2,470	274	Cash
76	Shops on Veterans	3,320	Cash		14,073	1,564	Cash
77	Groff Studios Corp.	Springing			0	Springing
78	828 Fifth Avenue Owners Corp.	Springing			0	Springing
79	Samuell Self Storage	3,336	Cash		7,357	736	Cash
80	Clark Street Tenants Incorporated	14,132	Cash		0	Springing
81	61 Irving Place Corporation	Springing			0	Springing
82	444 East 87th Street Owners Corp.	Springing			0	Springing
83	Longhorn Self Storage	3,544	Cash		13,236	2,059	Cash
84	40 W. 22nd St. Tenants Cooperative Corp.	Springing			0	Springing
85	Cheney Center	4,517	Cash		5,301	442	Cash
86	323 West 83rd Owners Corp.	13,333	Cash		0	Springing
87	Gibbons Commons Apartments	5,377	Cash		0	4,008	Cash
88	Dollar General - Ocoee	Springing			0	Springing
89	Trinity Arms Ltd.	Springing			0	Springing
90	Garden Lofts Corp.	Springing			0	Springing
91	Merritt Island MHC	2,145	Cash		825	825	Cash
92	256 West 21st Owners Corp.	Springing			0	Springing

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Upfront Replacement Reserve ($)	Monthly Replacement Reserve ($)(18)	Replacement Reserve Cap ($)	Replacement Reserve Escrow - Cash or LoC	Replacement Reserve Escrow - LoC Counterparty	Upfront TI/LC Reserve ($)	Monthly TI/LC Reserve ($)(19)	TI/LC Reserve Cap ($)	TI/LC Escrow - Cash or LoC	TI/LC Escrow - LoC Counterparty	Debt Service Escrow (Initial) ($)	Debt Service Escrow (Monthly) ($)
1	Bank of America Plaza	0	23,871	0	Cash		0	Springing	0			0	0
2	Crossings at Corona	0	15,291	0	Cash		0	69,506	850,000	Cash		0	0
3	Columbus Square Portfolio	6,177	6,177	148,267	Cash		0	Springing	0			0	0
4	DC Metro Mixed Use Portfolio	3,294	3,294	0	Cash		3,539,451	13,836	0	Cash		0	0
4.01	920-928 Rhode Island Avenue
4.02	875 N Street
4.03	119-125 N. Washington Street
4.04	2000 S Street
4.05	717 6th Street NW
4.06	700 King Street
4.07	1330 U Street
4.08	100 King Street
4.09	301 Pennsylvania Avenue
4.10	705 6th Street
4.11	3343 Prospect Street
4.12	856 Rockville Pike
4.13	106 N. Washington Street
4.14	438 Massachusetts Avenue
4.15	1726 20th Street
5	Centennial Center & Two Century Center	6,170	6,170	222,042	Cash		41,000	41,000	1,000,000	Cash		0	0
5.01	Centennial Center
5.02	Two Century Tower
6	677 Broadway	0	3,688	0	Cash		345,000	14,753	885,195	Cash		0	0
7	Homewood Suites - New Orleans	0	26,934	0	Cash		0	0	0			0	0
8	Culver City Office Portfolio	0	1,566; Springing	37,590	Cash		500,000	11,747	500,000	Cash		0	0
9	Slatten Ranch Shopping Center	0	3,569	0	Cash		0	Springing	0			0	0
10	Simi Valley Shopping Center	0	Springing	0			0	Springing	0			0	0
11	Stratford at Hillcrest	0	7,560	0	Cash		0	0	0			0	0
12	Marriott Bakersfield	0	37,259	0	Cash		0	0	0			0	0
13	Pomona Ranch Plaza	1,667	1,667	60,000	Cash		500,000	12,500	0	Cash		0	0
14	Courtyard by Marriott - Orlando	0	24,060	0	Cash		0	0	0			0	0
15	The Shops at Starwood	0	923; Springing	33,231	Cash		0	4,615; Springing	232,000	Cash		0	0
16	The Shops at Pecos Ranch	0	1,313; Springing	47,259	Cash		0	6,564; Springing	330,000	Cash	��	0	0
17	Main Street & South Park	0	1,797	0	Cash		0	10,417	875,000	Cash		0	0
17.01	South Park
17.02	Main Street
18	Schlumberger Office	0	3,006	0	Cash		0	11,571	0	Cash		0	0
19	All Storage Hwy 66	0	2,322	0	Cash		0	0	0			0	0
20	Corridors Deer Valley	131,284	2,740	0	Cash		1,000,000	13,701	500,000	Cash		0	0
21	BJ’s Wholesale Club - Jacksonville	1,993	1,993	0	Cash		0	0	0			0	0
22	Holiday Inn Express - Flint and Fairfield Inn Madison	0	13,917	0	Cash		0	0	0			0	0
22.01	Fairfield Inn - Madison Heights
22.02	Holiday Inn Express - Flint
23	Gateway Plaza	0	2,282	0	Cash		0	6,250	375,000	Cash		0	0
24	Promenade Merced	0	3,257; Springing	238,000	Cash		0	6,138	220,957	Cash		0	0
25	Victory Village	0	891	0	Cash		0	2,674; Springing	105,000	Cash		0	0
26	Hampton Inn & Suites Lenox	11,377	11,377	0	Cash		0	0	0			0	0
27	East Forest Plaza II	0	1,545	0	Cash		0	4,583	0	Cash		0	0
28	San Rafael Self Storage	0	604	14,500	Cash		0	0	0			0	0
29	All Storage Mustang Mini	0	1,994	0	Cash		0	0	0			0	0
30	Marley Park Plaza	0	1,292; Springing	31,008	Cash		0	12,924; Springing	310,176	Cash		0	0
31	English Oaks Apartments	0	5,742	0	Cash		0	0	0			0	0
32	WMA Shadow Portfolio	0	1,140	0	Cash		25,000	2,849; Springing	150,000	Cash		0	0
32.01	Spring Lake Town Center
32.02	Metro Junction
32.03	Center Stage at Winder

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Upfront Replacement Reserve ($)	Monthly Replacement Reserve ($)(18)	Replacement Reserve Cap ($)	Replacement Reserve Escrow - Cash or LoC	Replacement Reserve Escrow - LoC Counterparty	Upfront TI/LC Reserve ($)	Monthly TI/LC Reserve ($)(19)	TI/LC Reserve Cap ($)	TI/LC Escrow - Cash or LoC	TI/LC Escrow - LoC Counterparty	Debt Service Escrow (Initial) ($)	Debt Service Escrow (Monthly) ($)
33	Larchmont Village Plaza	0	0	0			0	0	0			0	0
34	Jordan Hospital Medical Office	0	0	0			0	0	0			0	0
35	Shiloh Business Park	0	812	29,000	Cash		0	1,896	67,200	Cash		0	0
36	Temescal Storage Center	0	Springing	0			0	0	0			0	0
37	Storage Choice Sugar Land	773	773	0	Cash		0	0	0			0	0
38	Chateau Villa Corp.	0	0	0			0	0	0			0	0
39	Storage Choice Pearland	940	940	0	Cash		0	0	0			0	0
40	Country Life MHP	1,279	1,279	46,050	Cash		0	0	0			0	0
41	Western Square Shopping Center	0	977	0	Cash		28,500	Springing	200,000	Cash		0	0
42	La Quinta - Lexington	0	Springing	0			0	0	0			0	0
43	Brittany Estates	0	713	0	Cash		0	0	0			0	0
44	All Storage Mustang SC	0	1,501	0	Cash		0	0	0			0	0
45	StorQuest - Hollywood	0	297	10,000	Cash		0	0	0			0	0
46	DAK Equities Corp.	0	0	0			0	0	0			0	0
47	Comfort Suites - Wilmington	0	4,376	0	Cash		0	0	0			0	0
48	Storage Depot - Regal Row	0	757	25,000	Cash		0	0	0			0	0
49	Big Bend Storage	860	860	0	Cash		0	0	0			0	0
50	Mark Twain Owners’ Corp.	0	0	0			0	0	0			0	0
51	Town Lakes Self Storage	780	780	0	Cash		0	0	0			0	0
52	Renaissance Park I	0	590	21,231	Cash		0	3,040	109,458	Cash		0	0
53	Hidden Meadows, Inc.	0	0	0			0	0	0			0	0
54	Storage Choice Stafford	822	822	0	Cash		0	0	0			0	0
55	Walgreens - Albuquerque	0	Springing	0			0	Springing	0			0	0
56	Kingsgate Village Apartments	0	1,752	0	Cash		0	0	0			0	0
57	StorQuest - Kalihi	0	186	10,000	Cash		0	0	0			0	0
58	Statewide Self Storage	0	727	26,145	Cash		0	0	0			0	0
59	Storage Depot - Huebner Commons	0	655	15,000	Cash		0	0	0			0	0
60	Storage Choice Clear Lake	749	749	0	Cash		0	0	0			0	0
61	Saratoga Storage	0	544	30,000	Cash		0	0	0			0	0
62	Storage Depot - McAllen	0	541	15,000	Cash		0	0	0			0	0
63	Locust Street Owners Inc.	0	0	0			0	0	0			0	0
64	Bridge Road Storage	540	540	0	Cash		0	0	0			0	0
65	Midtown Manor Apartments, Ltd.	0	0	0			0	0	0			0	0
66	Cedar River Estates MHC	0	496	30,000	Cash		0	0	0			0	0
67	Elmhurst House, Inc.	0	0	0			0	0	0			0	0
68	270 King Street	0	125	0	Cash		50,000	1,076; Springing	125,000	Cash		0	0
69	Storage Depot - Highway 77	0	541	15,000	Cash		0	0	0			0	0
70	130 E. 94th Apartments Corp.	0	0	0			0	0	0			0	0
71	95 Sedgwick Owners Corp.	0	0	0			0	0	0			0	0
72	Extra Space Palm Springs	0	Springing	0			0	0	0			0	0
73	2640 Marion Avenue Owners, Inc.	0	0	0			0	0	0			0	0
74	Bedford Square Apartments	0	1,092	0	Cash		0	0	0			0	0
75	Kentwood MHC	0	788	0	Cash		0	0	0			0	0
76	Shops on Veterans	0	239	10,000	Cash		120,000	1,790	150,000	Cash		0	0
77	Groff Studios Corp.	0	0	0			0	0	0			0	0
78	828 Fifth Avenue Owners Corp.	0	0	0			0	0	0			0	0
79	Samuell Self Storage	0	1,289	30,000	Cash		0	0	0			0	0
80	Clark Street Tenants Incorporated	0	0	0			0	0	0			0	0
81	61 Irving Place Corporation	0	0	0			0	0	0			0	0
82	444 East 87th Street Owners Corp.	0	0	0			0	0	0			0	0
83	Longhorn Self Storage	0	614	20,000	Cash		0	0	0			0	0
84	40 W. 22nd St. Tenants Cooperative Corp.	0	0	0			0	0	0			0	0
85	Cheney Center	142	142	0	Cash		1,386	1,386	0	Cash		0	0
86	323 West 83rd Owners Corp.	0	0	0			0	0	0			0	0
87	Gibbons Commons Apartments	50,000	2,085	50,000	Cash		0	0	0			0	0
88	Dollar General - Ocoee	0	Springing	0			0	0	0			0	0
89	Trinity Arms Ltd.	0	0	0			0	0	0			0	0
90	Garden Lofts Corp.	0	0	0			0	0	0			0	0
91	Merritt Island MHC	0	308; Springing	10,000	Cash		0	0	0			0	0
92	256 West 21st Owners Corp.	0	0	0			0	0	0			0	0

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Debt Service Escrow - Cash or LoC	Debt Service Escrow - LoC Counterparty	Other Escrow I Reserve Description	Other Escrow I (Initial) ($)(16)	Other Escrow I (Monthly) ($)(20)
1	Bank of America Plaza			Tenant Specific TILC Reserve	2,991,870	0
2	Crossings at Corona			Sports Authority / Tilly’s TILC Reserve	Sports Authority - $172,830 / Tenant Specific TILC - $75,000	0
3	Columbus Square Portfolio				0	0
4	DC Metro Mixed Use Portfolio			Free Rent Reserve	934,922	0
4.01	920-928 Rhode Island Avenue
4.02	875 N Street
4.03	119-125 N. Washington Street
4.04	2000 S Street
4.05	717 6th Street NW
4.06	700 King Street
4.07	1330 U Street
4.08	100 King Street
4.09	301 Pennsylvania Avenue
4.10	705 6th Street
4.11	3343 Prospect Street
4.12	856 Rockville Pike
4.13	106 N. Washington Street
4.14	438 Massachusetts Avenue
4.15	1726 20th Street
5	Centennial Center & Two Century Center			Tenant Specific TI Reserve	1,648,889	0
5.01	Centennial Center
5.02	Two Century Tower
6	677 Broadway				0	0
7	Homewood Suites - New Orleans			PIP Reserve	1,341,000	Springing
8	Culver City Office Portfolio			Rent Concession Reserve	126,027	0
9	Slatten Ranch Shopping Center				0	0
10	Simi Valley Shopping Center				0	0
11	Stratford at Hillcrest				0	0
12	Marriott Bakersfield				0	0
13	Pomona Ranch Plaza				0	0
14	Courtyard by Marriott - Orlando			Seasonality Reserve	46,189	11,547
15	The Shops at Starwood			Rent Concession Reserve	50,094	0
16	The Shops at Pecos Ranch			The Crowded House Reserve	156,000	0
17	Main Street & South Park			Machado Jujitsu Reserve	11,789	0
17.01	South Park
17.02	Main Street
18	Schlumberger Office				0	0
19	All Storage Hwy 66				0	0
20	Corridors Deer Valley			Arizona TILC/Free Rent Reserve	695,901	0
21	BJ’s Wholesale Club - Jacksonville				0	0
22	Holiday Inn Express - Flint and Fairfield Inn Madison			PIP Reserve	1,200,000	10,438
22.01	Fairfield Inn - Madison Heights
22.02	Holiday Inn Express - Flint
23	Gateway Plaza			Rent Concession Reserve	80,000	0
24	Promenade Merced			UC Merced TILC Reserve	10,000	0
25	Victory Village			Cinco De Mayo Reserve	300,000	0
26	Hampton Inn & Suites Lenox			Seasonality Reserve	240,000	0
27	East Forest Plaza II				0	0
28	San Rafael Self Storage				0	0
29	All Storage Mustang Mini				0	0
30	Marley Park Plaza			Rent Concession / Tenant Specific TILC Reserve	Rent Concession - $787,392 / Tenant Specific TILC - $8,268	0
31	English Oaks Apartments				0	0
32	WMA Shadow Portfolio				0	0
32.01	Spring Lake Town Center
32.02	Metro Junction
32.03	Center Stage at Winder

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Debt Service Escrow - Cash or LoC	Debt Service Escrow - LoC Counterparty	Other Escrow I Reserve Description	Other Escrow I (Initial) ($)(16)	Other Escrow I (Monthly) ($)(20)
33	Larchmont Village Plaza				0	0
34	Jordan Hospital Medical Office			Ground lessor Assumption Reserve	25,000	0
35	Shiloh Business Park				0	0
36	Temescal Storage Center				0	0
37	Storage Choice Sugar Land				0	0
38	Chateau Villa Corp.			Collateral Security Agreement for Environmental Work	31,250	0
39	Storage Choice Pearland				0	0
40	Country Life MHP				0	0
41	Western Square Shopping Center			American Deli/Nail Salon Rent Reserve	9,600	0
42	La Quinta - Lexington				0	0
43	Brittany Estates				0	0
44	All Storage Mustang SC				0	0
45	StorQuest - Hollywood				0	0
46	DAK Equities Corp.				0	0
47	Comfort Suites - Wilmington			Seasonality	85,000	0
48	Storage Depot - Regal Row				0	0
49	Big Bend Storage				0	0
50	Mark Twain Owners’ Corp.				0	0
51	Town Lakes Self Storage				0	0
52	Renaissance Park I				0	0
53	Hidden Meadows, Inc.			Collateral Security Agreement for Capital Improvements	400,000	0
54	Storage Choice Stafford				0	0
55	Walgreens - Albuquerque				0	0
56	Kingsgate Village Apartments				0	0
57	StorQuest - Kalihi				0	0
58	Statewide Self Storage				0	0
59	Storage Depot - Huebner Commons				0	0
60	Storage Choice Clear Lake				0	0
61	Saratoga Storage				0	0
62	Storage Depot - McAllen				0	0
63	Locust Street Owners Inc.				0	0
64	Bridge Road Storage				0	0
65	Midtown Manor Apartments, Ltd.				0	0
66	Cedar River Estates MHC				0	0
67	Elmhurst House, Inc.				0	0
68	270 King Street			Candle Fish Reserve	20,871	0
69	Storage Depot - Highway 77				0	0
70	130 E. 94th Apartments Corp.				0	0
71	95 Sedgwick Owners Corp.				0	0
72	Extra Space Palm Springs				0	0
73	2640 Marion Avenue Owners, Inc.				0	0
74	Bedford Square Apartments				0	0
75	Kentwood MHC				0	0
76	Shops on Veterans			Ground Lease Reserve	0	18,150
77	Groff Studios Corp.				0	0
78	828 Fifth Avenue Owners Corp.				0	0
79	Samuell Self Storage				0	0
80	Clark Street Tenants Incorporated				0	0
81	61 Irving Place Corporation				0	0
82	444 East 87th Street Owners Corp.				0	0
83	Longhorn Self Storage				0	0
84	40 W. 22nd St. Tenants Cooperative Corp.				0	0
85	Cheney Center				0	0
86	323 West 83rd Owners Corp.				0	0
87	Gibbons Commons Apartments				0	0
88	Dollar General - Ocoee				0	0
89	Trinity Arms Ltd.				0	0
90	Garden Lofts Corp.				0	0
91	Merritt Island MHC				0	0
92	256 West 21st Owners Corp.				0	0

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Other Escrow I Cap ($)	Other Escrow I Escrow - Cash or LoC	Other  Escrow I - LoC Counterparty	Other Escrow II Reserve Description	Other Escrow II (Initial) ($)(16)(21)	Other Escrow II (Monthly) ($)	Other Escrow II Cap ($)	Other Escrow II Escrow - Cash or LoC
1	Bank of America Plaza	0	Cash		Rent Concession Reserve	520,213	0	0	Cash
2	Crossings at Corona	0	Cash		Earnout Reserve	6,500,000	0	0	Cash
3	Columbus Square Portfolio	0				0	0	0
4	DC Metro Mixed Use Portfolio	0	Cash			0	0	0
4.01	920-928 Rhode Island Avenue
4.02	875 N Street
4.03	119-125 N. Washington Street
4.04	2000 S Street
4.05	717 6th Street NW
4.06	700 King Street
4.07	1330 U Street
4.08	100 King Street
4.09	301 Pennsylvania Avenue
4.10	705 6th Street
4.11	3343 Prospect Street
4.12	856 Rockville Pike
4.13	106 N. Washington Street
4.14	438 Massachusetts Avenue
4.15	1726 20th Street
5	Centennial Center & Two Century Center	0	Cash		Rent Abatement Reserve / Pulte Reserve	986,180 / 295,000	0	0	Cash
5.01	Centennial Center
5.02	Two Century Tower
6	677 Broadway	0				0	0	0
7	Homewood Suites - New Orleans	0	Cash		Springing Reserve	0	Springing	0
8	Culver City Office Portfolio	0	Cash		Ground Rent Reserve	0	7,100	7,100	Cash
9	Slatten Ranch Shopping Center	0				0	0	0
10	Simi Valley Shopping Center	0				0	0	0
11	Stratford at Hillcrest	0				0	0	0
12	Marriott Bakersfield	0				0	0	0
13	Pomona Ranch Plaza	0				0	0	0
14	Courtyard by Marriott - Orlando	46,189	Cash		PIP Reserve	0	Springing	0
15	The Shops at Starwood	0	Cash			0	0	0
16	The Shops at Pecos Ranch	0	Cash		Rent Concession Reserve	31,122	0	0	Cash
17	Main Street & South Park	0	Cash		Anchor Tenant Reserve	0	Springing	0
17.01	South Park
17.02	Main Street
18	Schlumberger Office	0				0	0	0
19	All Storage Hwy 66	0				0	0	0
20	Corridors Deer Valley	0	Cash		General Reserve	500,000	0	0	Cash
21	BJ’s Wholesale Club - Jacksonville	0				0	0	0
22	Holiday Inn Express - Flint and Fairfield Inn Madison	0	Cash			0	0	0
22.01	Fairfield Inn - Madison Heights
22.02	Holiday Inn Express - Flint
23	Gateway Plaza	0	Cash			0	0	0
24	Promenade Merced	0	Cash		UC Merced Renewal Reserve	0	Springing	0
25	Victory Village	0	Cash		Rent Concession Reserve	26,746	0	0	Cash
26	Hampton Inn & Suites Lenox	240,000	Cash		PIP Reserve	100,000	0	0	Cash
27	East Forest Plaza II	0				0	0	0
28	San Rafael Self Storage	0				0	0	0
29	All Storage Mustang Mini	0				0	0	0
30	Marley Park Plaza	0	Cash		Bashas’ Reserve	0	4,101	492,120	Cash
31	English Oaks Apartments	0				0	0	0
32	WMA Shadow Portfolio	0				0	0	0
32.01	Spring Lake Town Center
32.02	Metro Junction
32.03	Center Stage at Winder

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Other Escrow I Cap ($)	Other Escrow I Escrow - Cash or LoC	Other  Escrow I - LoC Counterparty	Other Escrow II Reserve Description	Other Escrow II (Initial) ($)(16)(21)	Other Escrow II (Monthly) ($)	Other Escrow II Cap ($)	Other Escrow II Escrow - Cash or LoC
33	Larchmont Village Plaza	0				0	0	0
34	Jordan Hospital Medical Office	0	Cash			0	0	0
35	Shiloh Business Park	0				0	0	0
36	Temescal Storage Center	0				0	0	0
37	Storage Choice Sugar Land	0				0	0	0
38	Chateau Villa Corp.	0	Cash			0	0	0
39	Storage Choice Pearland	0				0	0	0
40	Country Life MHP	0				0	0	0
41	Western Square Shopping Center	0	Cash			0	0	0
42	La Quinta - Lexington	0				0	0	0
43	Brittany Estates	0				0	0	0
44	All Storage Mustang SC	0				0	0	0
45	StorQuest - Hollywood	0				0	0	0
46	DAK Equities Corp.	0				0	0	0
47	Comfort Suites - Wilmington	0	Cash			0	0	0
48	Storage Depot - Regal Row	0				0	0	0
49	Big Bend Storage	0				0	0	0
50	Mark Twain Owners’ Corp.	0				0	0	0
51	Town Lakes Self Storage	0				0	0	0
52	Renaissance Park I	0				0	0	0
53	Hidden Meadows, Inc.	0	Cash			0	0	0
54	Storage Choice Stafford	0				0	0	0
55	Walgreens - Albuquerque	0				0	0	0
56	Kingsgate Village Apartments	0				0	0	0
57	StorQuest - Kalihi	0				0	0	0
58	Statewide Self Storage	0				0	0	0
59	Storage Depot - Huebner Commons	0				0	0	0
60	Storage Choice Clear Lake	0				0	0	0
61	Saratoga Storage	0				0	0	0
62	Storage Depot - McAllen	0				0	0	0
63	Locust Street Owners Inc.	0				0	0	0
64	Bridge Road Storage	0				0	0	0
65	Midtown Manor Apartments, Ltd.	0				0	0	0
66	Cedar River Estates MHC	0				0	0	0
67	Elmhurst House, Inc.	0				0	0	0
68	270 King Street	0	Cash			0	0	0
69	Storage Depot - Highway 77	0				0	0	0
70	130 E. 94th Apartments Corp.	0				0	0	0
71	95 Sedgwick Owners Corp.	0				0	0	0
72	Extra Space Palm Springs	0				0	0	0
73	2640 Marion Avenue Owners, Inc.	0				0	0	0
74	Bedford Square Apartments	0				0	0	0
75	Kentwood MHC	0				0	0	0
76	Shops on Veterans	0	Cash			0	0	0
77	Groff Studios Corp.	0				0	0	0
78	828 Fifth Avenue Owners Corp.	0				0	0	0
79	Samuell Self Storage	0				0	0	0
80	Clark Street Tenants Incorporated	0				0	0	0
81	61 Irving Place Corporation	0				0	0	0
82	444 East 87th Street Owners Corp.	0				0	0	0
83	Longhorn Self Storage	0				0	0	0
84	40 W. 22nd St. Tenants Cooperative Corp.	0				0	0	0
85	Cheney Center	0				0	0	0
86	323 West 83rd Owners Corp.	0				0	0	0
87	Gibbons Commons Apartments	0				0	0	0
88	Dollar General - Ocoee	0				0	0	0
89	Trinity Arms Ltd.	0				0	0	0
90	Garden Lofts Corp.	0				0	0	0
91	Merritt Island MHC	0				0	0	0
92	256 West 21st Owners Corp.	0				0	0	0

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Other  Escrow II - LoC Counterparty	Holdback ($)	Ownership Interest	Ground Lease Initial Expiration Date	Annual Ground Rent Payment
1	Bank of America Plaza			Fee
2	Crossings at Corona			Fee
3	Columbus Square Portfolio			Fee
4	DC Metro Mixed Use Portfolio			Fee
4.01	920-928 Rhode Island Avenue			Fee
4.02	875 N Street			Fee
4.03	119-125 N. Washington Street			Fee
4.04	2000 S Street			Fee
4.05	717 6th Street NW			Fee
4.06	700 King Street			Fee
4.07	1330 U Street			Fee
4.08	100 King Street			Fee
4.09	301 Pennsylvania Avenue			Fee
4.10	705 6th Street			Fee
4.11	3343 Prospect Street			Fee
4.12	856 Rockville Pike			Fee
4.13	106 N. Washington Street			Fee
4.14	438 Massachusetts Avenue			Fee
4.15	1726 20th Street			Fee
5	Centennial Center & Two Century Center			Fee
5.01	Centennial Center			Fee
5.02	Two Century Tower			Fee
6	677 Broadway			Fee
7	Homewood Suites - New Orleans			Fee
8	Culver City Office Portfolio			Fee/Leasehold	1/31/2040	$1,200 per parking space, up to 54 parking spaces
9	Slatten Ranch Shopping Center			Fee
10	Simi Valley Shopping Center			Fee
11	Stratford at Hillcrest			Fee
12	Marriott Bakersfield			Fee
13	Pomona Ranch Plaza			Fee
14	Courtyard by Marriott - Orlando			Fee
15	The Shops at Starwood			Fee
16	The Shops at Pecos Ranch			Fee
17	Main Street & South Park			Fee
17.01	South Park			Fee
17.02	Main Street			Fee
18	Schlumberger Office			Fee
19	All Storage Hwy 66			Fee
20	Corridors Deer Valley			Fee
21	BJ’s Wholesale Club - Jacksonville			Fee
22	Holiday Inn Express - Flint and Fairfield Inn Madison			Fee
22.01	Fairfield Inn - Madison Heights			Fee
22.02	Holiday Inn Express - Flint			Fee
23	Gateway Plaza			Fee
24	Promenade Merced			Fee
25	Victory Village			Fee
26	Hampton Inn & Suites Lenox			Fee
27	East Forest Plaza II			Fee
28	San Rafael Self Storage			Fee
29	All Storage Mustang Mini			Fee
30	Marley Park Plaza			Fee
31	English Oaks Apartments			Fee
32	WMA Shadow Portfolio			Fee
32.01	Spring Lake Town Center			Fee
32.02	Metro Junction			Fee
32.03	Center Stage at Winder			Fee

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Other  Escrow II - LoC Counterparty	Holdback ($)	Ownership Interest	Ground Lease Initial Expiration Date	Annual Ground Rent Payment
33	Larchmont Village Plaza			Fee
34	Jordan Hospital Medical Office			Leasehold	11/15/2111	$0
35	Shiloh Business Park			Fee
36	Temescal Storage Center			Fee
37	Storage Choice Sugar Land			Fee
38	Chateau Villa Corp.			Fee
39	Storage Choice Pearland			Fee
40	Country Life MHP			Fee
41	Western Square Shopping Center			Fee
42	La Quinta - Lexington			Fee
43	Brittany Estates			Fee
44	All Storage Mustang SC			Fee
45	StorQuest - Hollywood			Fee
46	DAK Equities Corp.			Fee
47	Comfort Suites - Wilmington			Leasehold	10/1/2113	$1
48	Storage Depot - Regal Row			Fee
49	Big Bend Storage			Fee
50	Mark Twain Owners’ Corp.			Fee
51	Town Lakes Self Storage			Fee
52	Renaissance Park I			Fee
53	Hidden Meadows, Inc.			Fee
54	Storage Choice Stafford			Fee
55	Walgreens - Albuquerque			Fee
56	Kingsgate Village Apartments			Fee
57	StorQuest - Kalihi			Fee
58	Statewide Self Storage			Fee
59	Storage Depot - Huebner Commons			Fee
60	Storage Choice Clear Lake			Fee
61	Saratoga Storage			Fee
62	Storage Depot - McAllen			Fee
63	Locust Street Owners Inc.			Fee
64	Bridge Road Storage			Fee
65	Midtown Manor Apartments, Ltd.			Fee
66	Cedar River Estates MHC			Fee
67	Elmhurst House, Inc.			Fee
68	270 King Street			Fee
69	Storage Depot - Highway 77			Fee
70	130 E. 94th Apartments Corp.			Fee
71	95 Sedgwick Owners Corp.			Fee
72	Extra Space Palm Springs			Fee
73	2640 Marion Avenue Owners, Inc.			Fee
74	Bedford Square Apartments			Fee
75	Kentwood MHC			Fee
76	Shops on Veterans			Leasehold	8/31/2029	$198,000
77	Groff Studios Corp.			Fee
78	828 Fifth Avenue Owners Corp.			Fee
79	Samuell Self Storage			Fee
80	Clark Street Tenants Incorporated			Fee
81	61 Irving Place Corporation			Fee
82	444 East 87th Street Owners Corp.			Fee
83	Longhorn Self Storage			Fee
84	40 W. 22nd St. Tenants Cooperative Corp.			Fee
85	Cheney Center			Fee
86	323 West 83rd Owners Corp.			Fee
87	Gibbons Commons Apartments			Fee
88	Dollar General - Ocoee			Fee
89	Trinity Arms Ltd.			Fee
90	Garden Lofts Corp.			Fee
91	Merritt Island MHC			Fee
92	256 West 21st Owners Corp.			Fee

WFRBS Commercial Mortgage Trust 2014-C23

ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

Mortgage Loan Number

Property Name

Annual Ground Rent Increases

Lockbox

Whole Loan Cut- off Date Balance ($)(22)

Whole Loan Debt Service ($)(23)

Subordinate Secured Debt Original Balance ($)(24)

Subordinate Secured Debt Cut- off Date Balance ($)(25)

Whole Loan U/W NOI DSCR (x)(12)(23)

Whole Loan U/W NCF DSCR (x)(12)(23)

Whole Loan Cut-off Date LTV Ratio(8)(26)

Whole Loan Cut-off Date U/W NOI Debt Yield(12)(26)

Whole Loan Cut-off Date U/W NCF Debt Yield(12)(26)

Mezzanine Debt Cut-off Date Balance($)(27)

1

Bank of America Plaza

Hard/Springing Cash Management

2

Crossings at Corona

Hard/Springing Cash Management

3

Columbus Square Portfolio

Hard/Upfront Cash Management

4

DC Metro Mixed Use Portfolio

Hard/Springing Cash Management

4.01

920-928 Rhode Island Avenue

4.02

875 N Street

4.03

119-125 N. Washington Street

4.04

2000 S Street

4.05

717 6th Street NW

4.06

700 King Street

4.07

1330 U Street

4.08

100 King Street

4.09

301 Pennsylvania Avenue

4.10

705 6th Street

4.11

3343 Prospect Street

4.12

856 Rockville Pike

4.13

106 N. Washington Street

4.14

438 Massachusetts Avenue

4.15

1726 20th Street

5

Centennial Center & Two Century Center

Hard/Springing Cash Management

5.01

Centennial Center

5.02

Two Century Tower

6

677 Broadway

Hard/Springing Cash Management

3,350,000

7

Homewood Suites - New Orleans

Springing (Without Established Account)

8

Culver City Office Portfolio

Subject to increase based on FMV

Hard/Upfront Cash Management

9

Slatten Ranch Shopping Center

Soft/Springing Cash Management

10

Simi Valley Shopping Center

Springing (Without Established Account)

11

Stratford at Hillcrest

Soft/Springing Cash Management

12

Marriott Bakersfield

Springing (Without Established Account)

13

Pomona Ranch Plaza

Hard/Springing Cash Management

14

Courtyard by Marriott - Orlando

Springing (Without Established Account)

15

The Shops at Starwood

None

16

The Shops at Pecos Ranch

None

17

Main Street & South Park

Hard/Springing Cash Management

17.01

South Park

17.02

Main Street

18

Schlumberger Office

Hard/Springing Cash Management

19

All Storage Hwy 66

Springing (Without Established Account)

20

Corridors Deer Valley

Soft/Springing Cash Management

21

BJ’s Wholesale Club - Jacksonville

Hard/Springing Cash Management

22

Holiday Inn Express - Flint and Fairfield Inn Madison

Springing (Without Established Account)

22.01

Fairfield Inn - Madison Heights

22.02

Holiday Inn Express - Flint

23

Gateway Plaza

Hard/Springing Cash Management

24

Promenade Merced

Springing (Without Established Account)

25

Victory Village

Springing (Without Established Account)

26

Hampton Inn & Suites Lenox

Springing (Without Established Account)

27

East Forest Plaza II

Springing (Without Established Account)

28

San Rafael Self Storage

Springing (Without Established Account)

29

All Storage Mustang Mini

Springing (Without Established Account)

30

Marley Park Plaza

Soft/Springing Cash Management

31

English Oaks Apartments

Springing (Without Established Account)

32

WMA Shadow Portfolio

None

32.01

Spring Lake Town Center

32.02

Metro Junction

32.03

Center Stage at Winder

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Annual Ground Rent Increases	Lockbox	Whole Loan Cut- off Date Balance ($)(22)	Whole Loan Debt Service ($)(23)	Subordinate Secured Debt Original Balance ($)(24)	Subordinate Secured Debt Cut- off Date Balance ($)(25)	Whole Loan U/W NOI DSCR (x)(12)(23)	Whole Loan U/W NCF DSCR (x)(12)(23)	Whole Loan Cut-off Date LTV Ratio(8)(26)	Whole Loan Cut-off Date U/W NOI Debt Yield(12)(26)	Whole Loan Cut-off Date U/W NCF Debt Yield(12)(26)	Mezzanine Debt Cut-off Date Balance($)(27)
33	Larchmont Village Plaza		None
34	Jordan Hospital Medical Office	NAP	Springing (Without Established Account)										2,290,672
35	Shiloh Business Park		Springing (Without Established Account)
36	Temescal Storage Center		Springing (Without Established Account)
37	Storage Choice Sugar Land		Springing (Without Established Account)
38	Chateau Villa Corp.		None	6,000,000	25,120	500,000	0	4.12	4.12	18.5%	20.7%	20.7%
39	Storage Choice Pearland		Springing (Without Established Account)
40	Country Life MHP		None
41	Western Square Shopping Center		None
42	La Quinta - Lexington		Hard/Springing Cash Management
43	Brittany Estates		Springing (Without Established Account)
44	All Storage Mustang SC		Springing (Without Established Account)
45	StorQuest - Hollywood		None
46	DAK Equities Corp.		None	5,000,000	16,998	1,000,000	0	8.96	8.96	7.8%	36.5%	36.5%
47	Comfort Suites - Wilmington	NAP	Springing (Without Established Account)
48	Storage Depot - Regal Row		None
49	Big Bend Storage		None
50	Mark Twain Owners’ Corp.		None
51	Town Lakes Self Storage		None
52	Renaissance Park I		Springing (Without Established Account)
53	Hidden Meadows, Inc.		None	4,000,000	18,499	500,000	0	4.37	4.37	33.3%	24.3%	24.3%
54	Storage Choice Stafford		Springing (Without Established Account)
55	Walgreens - Albuquerque		Springing (Without Established Account)
56	Kingsgate Village Apartments		None
57	StorQuest - Kalihi		None
58	Statewide Self Storage		None
59	Storage Depot - Huebner Commons		None
60	Storage Choice Clear Lake		Springing (Without Established Account)
61	Saratoga Storage		None
62	Storage Depot - McAllen		None
63	Locust Street Owners Inc.		None	2,746,676	12,880	250,000	0	2.97	2.97	30.6%	16.7%	16.7%
64	Bridge Road Storage		None
65	Midtown Manor Apartments, Ltd.		None	2,900,000	13,208	500,000	0	8.42	8.42	7.1%	46.0%	46.0%
66	Cedar River Estates MHC		None
67	Elmhurst House, Inc.		None	2,896,809	13,248	500,000	0	6.09	6.09	15.2%	33.4%	33.4%
68	270 King Street		Springing (Without Established Account)
69	Storage Depot - Highway 77		None
70	130 E. 94th Apartments Corp.		None	3,296,942	14,460	1,000,000	0	4.20	4.20	9.7%	22.1%	22.1%
71	95 Sedgwick Owners Corp.		None	2,697,075	12,293	500,000	0	3.40	3.40	38.5%	18.6%	18.6%
72	Extra Space Palm Springs		Springing (Without Established Account)
73	2640 Marion Avenue Owners, Inc.		None	2,200,000	10,239	200,000	0	3.15	3.15	27.7%	17.6%	17.6%
74	Bedford Square Apartments		None
75	Kentwood MHC		Springing (Without Established Account)
76	Shops on Veterans	Adjusted on 9/1/2014 and every five years thereafter to 1.1x the rent in effect prior to adjustment	Springing (Without Established Account)
77	Groff Studios Corp.		None	2,450,000	8,332	600,000	0	12.00	12.00	7.9%	49.0%	49.0%
78	828 Fifth Avenue Owners Corp.		None	2,300,000	10,344	500,000	0	15.53	15.53	2.8%	83.8%	83.8%
79	Samuell Self Storage		None
80	Clark Street Tenants Incorporated		None	1,850,000	7,722	250,000	0	10.38	10.38	3.6%	52.0%	52.0%
81	61 Irving Place Corporation		None	2,597,872	11,118	1,000,000	350,000	10.66	10.66	4.8%	54.8%	54.8%
82	444 East 87th Street Owners Corp.		None	2,050,000	8,336	500,000	0	5.17	5.17	17.0%	25.2%	25.2%
83	Longhorn Self Storage		None
84	40 W. 22nd St. Tenants Cooperative Corp.		None	1,750,000	6,014	250,000	0	25.78	25.78	3.6%	106.3%	106.3%
85	Cheney Center		Springing (Without Established Account)
86	323 West 83rd Owners Corp.		None	1,750,000	8,086	250,000	0	5.81	5.81	8.8%	32.2%	32.2%
87	Gibbons Commons Apartments		Springing (Without Established Account)
88	Dollar General - Ocoee		Springing (Without Established Account)
89	Trinity Arms Ltd.		None	1,548,338	7,082	300,000	0	2.80	2.80	34.0%	15.4%	15.4%
90	Garden Lofts Corp.		None	1,700,000	7,479	500,000	0	12.60	12.60	5.9%	66.5%	66.5%
91	Merritt Island MHC		None
92	256 West 21st Owners Corp.		None	1,198,670	5,550	200,000	0	8.98	8.98	5.6%	49.9%	49.9%

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Sponsor(28)	Affiliated Sponsors	Mortgage Loan Number
1	Bank of America Plaza	Brookfield Office Properties Inc.		1
2	Crossings at Corona	Castle & Cooke, Inc.; Castle & Cooke Westlake Holdings, LLC; Murdock Realty, LLC		2
3	Columbus Square Portfolio	Jacob Chetrit; Laurence Gluck		3
4	DC Metro Mixed Use Portfolio	Douglas Development Corporation		4
4.01	920-928 Rhode Island Avenue			4.01
4.02	875 N Street			4.02
4.03	119-125 N. Washington Street			4.03
4.04	2000 S Street			4.04
4.05	717 6th Street NW			4.05
4.06	700 King Street			4.06
4.07	1330 U Street			4.07
4.08	100 King Street			4.08
4.09	301 Pennsylvania Avenue			4.09
4.10	705 6th Street			4.1
4.11	3343 Prospect Street			4.11
4.12	856 Rockville Pike			4.12
4.13	106 N. Washington Street			4.13
4.14	438 Massachusetts Avenue			4.14
4.15	1726 20th Street			4.15
5	Centennial Center & Two Century Center	Cyrus Sakhai		5
5.01	Centennial Center			5.01
5.02	Two Century Tower			5.02
6	677 Broadway	Saul Friedman; Barry Friedman		6
7	Homewood Suites - New Orleans	Apple Hospitality REIT, Inc.		7
8	Culver City Office Portfolio	Frederick N. Smith; Laurie M. Smith		8
9	Slatten Ranch Shopping Center	Mark S. Carter; Leland S. Kraemer; Fred T. Kroger		9
10	Simi Valley Shopping Center	Sam Shakib		10
11	Stratford at Hillcrest	RealSource Property Consulting, LLC		11
12	Marriott Bakersfield	Richard Deihl		12
13	Pomona Ranch Plaza	Justin Huang; Shun-Hsing Lu		13
14	Courtyard by Marriott - Orlando	Jeffrey Soffer		14
15	The Shops at Starwood	Whitestone REIT Operating Partnership, L.P.	Y-Group A	15
16	The Shops at Pecos Ranch	Whitestone REIT Operating Partnership, L.P.	Y-Group A	16
17	Main Street & South Park	Daniel Abramson; Paul Cleeman; Abramson Family Limited Partnership		17
17.01	South Park			17.01
17.02	Main Street			17.02
18	Schlumberger Office	Deane Earl Ross		18
19	All Storage Hwy 66	Jay Schuminsky	Y-Group B	19
20	Corridors Deer Valley	Michael S. Adler		20
21	BJ’s Wholesale Club - Jacksonville	Richard Kassis		21
22	Holiday Inn Express - Flint and Fairfield Inn Madison	Akram Namou; Malik Abdulnoor		22
22.01	Fairfield Inn - Madison Heights			22.01
22.02	Holiday Inn Express - Flint			22.02
23	Gateway Plaza	Tryperion RE Fund I, L.P.		23
24	Promenade Merced	Warren W. Wainwright; Warren W. Wainwright and Susan F. Wainwright, Trustees of The 1998 WSW Family Trust		24
25	Victory Village	NADG US Supermarket Anchored Fund (U.S.) Limited Partnership; NADG US Supermarket Anchored Fund (Canadian) Limited Partnership		25
26	Hampton Inn & Suites Lenox	Joseph M. Toole; Lynn M. Toole		26
27	East Forest Plaza II	Ralph R. Rocca		27
28	San Rafael Self Storage	Kent D. Swisher individually and as trustee of The Kent D. Swisher and Linda F. Swisher Trust; Linda Swisher as trustee of The Kent D. Swisher and Linda F. Swisher Trust		28
29	All Storage Mustang Mini	Jay Schuminsky	Y-Group B	29
30	Marley Park Plaza	Kulwant Singh Sarai		30
31	English Oaks Apartments	Richard E. James		31
32	WMA Shadow Portfolio	Stanley Werb; Jonathan Gaines		32
32.01	Spring Lake Town Center			32.01
32.02	Metro Junction			32.02
32.03	Center Stage at Winder			32.03

WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number	Property Name	Sponsor(28)	Affiliated Sponsors	Mortgage Loan Number
33	Larchmont Village Plaza	Ronald A. Simms		33
34	Jordan Hospital Medical Office	Inland Private Capital Corporation		34
35	Shiloh Business Park	Paul Butler; Robert Weiss; Patricia Weiss		35
36	Temescal Storage Center	Myron C. Sukut individually and as trustee of The Myron C. Sukut Trust; Robert L. Benner, Jr. and Barbara A. Benner individually and as trustees of the Benner Family Trust		36
37	Storage Choice Sugar Land	Paul A. Glover; Ladd 1998 Real Properties, Ltd.	Y-Group C	37
38	Chateau Villa Corp.	NAP		38
39	Storage Choice Pearland	Paul A. Glover; Ladd 1998 Real Properties, Ltd.	Y-Group C	39
40	Country Life MHP	McKay Florence; McKay Florence, Trustee of the McKay and Laree Florence Revocable Trust Dated January 6, 1997; Ralph Beatty; Ralph Beatty, Trustee of the Ralph and Barbara Beatty Trust, Dated October 22, 1998		40
41	Western Square Shopping Center	Fritz R. McPhail		41
42	La Quinta - Lexington	Vinu J. Patel; R.J. Patel; Sunil Patel; Bimal V. Patel		42
43	Brittany Estates	RHP Properties		43
44	All Storage Mustang SC	Jay Schuminsky	Y-Group B	44
45	StorQuest - Hollywood	Clark Porter; Tim Hobin; William Hobin	Y-Group F	45
46	DAK Equities Corp.	NAP		46
47	Comfort Suites - Wilmington			47
48	Storage Depot - Regal Row	John Troy Drennan	Y-Group D	48
49	Big Bend Storage	Benjamin S. Macfarland III and Todd C. Marshall	Y-Group E	49
50	Mark Twain Owners’ Corp.	NAP		50
51	Town Lakes Self Storage	Benjamin S. Macfarland III and Todd C. Marshall	Y-Group E	51
52	Renaissance Park I	Raiford Trask III; Bruce A. Chappell, Jr; Daniel S. Shiff		52
53	Hidden Meadows, Inc.	NAP		53
54	Storage Choice Stafford	Paul A. Glover; Ladd 1998 Real Properties, Ltd.	Y-Group C	54
55	Walgreens - Albuquerque	Alice L. Griffith		55
56	Kingsgate Village Apartments	Andrea Russin		56
57	StorQuest - Kalihi	Clark Porter; Tim Hobin; William Hobin	Y-Group F	57
58	Statewide Self Storage	James R. Patterson		58
59	Storage Depot - Huebner Commons	John Troy Drennan	Y-Group D	59
60	Storage Choice Clear Lake	Paul A. Glover; Ladd 1998 Real Properties, Ltd.	Y-Group C	60
61	Saratoga Storage	Ryan Bybee; Nathan Ricks		61
62	Storage Depot - McAllen	John Troy Drennan	Y-Group D	62
63	Locust Street Owners Inc.	NAP		63
64	Bridge Road Storage	Benjamin S. Macfarland III and Todd C. Marshall	Y-Group E	64
65	Midtown Manor Apartments, Ltd.	NAP		65
66	Cedar River Estates MHC	Mark A. Thomas; Paul F. Thomas		66
67	Elmhurst House, Inc.	NAP		67
68	270 King Street	Kenneth Schechter; Lior Evan		68
69	Storage Depot - Highway 77	John Troy Drennan	Y-Group D	69
70	130 E. 94th Apartments Corp.	NAP		70
71	95 Sedgwick Owners Corp.	NAP		71
72	Extra Space Palm Springs	Corporate Property Associates 17 - Global Incorporated		72
73	2640 Marion Avenue Owners, Inc.	NAP		73
74	Bedford Square Apartments	Jeffrey D. Kaftan		74
75	Kentwood MHC	Daniel Williamson; Alexandra Williamson		75
76	Shops on Veterans	Victory Real Estate Investments, LLC		76
77	Groff Studios Corp.	NAP		77
78	828 Fifth Avenue Owners Corp.	NAP		78
79	Samuell Self Storage	Gary Jacobs; Jack Durliat	Y-Group G	79
80	Clark Street Tenants Incorporated	NAP		80
81	61 Irving Place Corporation	NAP		81
82	444 East 87th Street Owners Corp.	NAP		82
83	Longhorn Self Storage	Gary Jacobs; Jack Durliat	Y-Group G	83
84	40 W. 22nd St. Tenants Cooperative Corp.	NAP		84
85	Cheney Center	John Cheney Curtis Mathes		85
86	323 West 83rd Owners Corp.	NAP		86
87	Gibbons Commons Apartments	Peter Gfroerer		87
88	Dollar General - Ocoee	Elias Behar-Ybarra		88
89	Trinity Arms Ltd.	NAP		89
90	Garden Lofts Corp.	NAP		90
91	Merritt Island MHC	Lewis Bruce Jones		91
92	256 West 21st Owners Corp.	NAP		92

WFRBS Commercial Mortgage Trust 2014-C23
	FOOTNOTES TO ANNEX A

	See “Annex D: Additional Mortgage Loan Information/Definitions” in the Free Writing Prospectus for additional information on all mortgage loans and “Annex B: Top Fifteen Loan Summaries” in the Free Writing Prospectus.
(1)	“WFB” denotes Wells Fargo Bank, National Association, “RBS” denotes The Royal Bank of Scotland plc and RBS Financial Products Inc. (“RBSFP”), “LIG I” denotes Liberty Island Group I LLC, “CIIICM” denotes C-III Commercial Mortgage LLC, and “Basis” denotes Basis Real Estate Capital II, LLC.  RBSFP was the originator of mortgage loan #12 (Marriott Bakersfield) and mortgage loan #35 (Shiloh Business Park). The Royal Bank of Scotland plc was the sole originator of all other RBS loans.
(2)	For mortgage loan #3 (Columbus Square Portfolio), the Number of Units includes 275,957 square feet of retail space, 109,823 square feet of office and other space and 108,444 square feet of parking space on a lease that expires April 30, 2029.
	For mortgage loan #4 (DC Metro Mixed Used Portfolio), the Number of Units includes 80,742 square feet of office space, 64,293 square feet of retail space, and 13,086 square feet of multifamily space.
	For mortgage loan #15 (The Shops at Starwood), the Number of Units includes 44,923 square feet of retail space and 10,462 square feet of office space.
	For mortgage loan #17 (Main Street & South Park), the Main Street mortgaged property consists of 20,342 square feet of office space and 19,042 square feet of retail space.
	For mortgage loan #24 (Promenade Merced), the Number of Units includes 32,314 square feet of retail space and 25,680 square feet of office space.
	For mortgage loan #40 (Country Life MHP), the related mortgaged property consists of 154 mobile home sites, 152 RV sites and one apartment unit.
	For mortgage loan #44 (All Storage Mustang SC), the Number of Units includes 94,815 square feet of self storage space and 22,504 square feet of retail space.
(3)	For mortgage loan #1 (Bank of America Plaza), the mortgage loan represents Note A-2 of three pari passu companion loans, which have a combined Cut-off Date principal balance of $400,000,000.  Note A-1 and Note A-3 are not included in the trust.  All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1, Note A-2 and Note A-3 in the aggregate (“Bank of America Plaza Loan Combination”).  The Note A-2 mortgage loan is a non-controlling interest in Bank of America Plaza Loan Combination.
	For mortgage loan #2 (Crossings at Corona), the mortgage loan represents Note A-1 of two pari passu companion loans, which have a combined Cut-off Date principal balance of $145,000,000.  Note A-2 is not included in the trust.  All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1 and  Note A-2 in the aggregate (“Crossings at Corona Loan Combination”).  The Note A-1 mortgage loan is the controlling interest in the Crossings at Corona Loan Combination.
	For mortgage loan #3 (Columbus Square Portfolio), the mortgage loan represents Note A-3 of four pari passu companion loans, which have a combined Cut-off Date principal balance of $400,000,000.  Note A-1, Note A-2 and Note A-4 are not included in the trust.  All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1, Note A-2, Note A-3 and Note A-4 in the aggregate (“Columbus Square Portfolio Loan Combination”).  The Note A-3 mortgage loan is a non-controlling interest in the Columbus Square Portfolio Loan Combination.
(4)	With respect to mortgage loans #10 (Simi Valley Shopping Center), #11 (Stratford at Hillcrest), #12 (Marriott Bakersfield),  #13 (Pomona Ranch Plaza), #17 (Main Street & South Park), #18 (Schlumberger Office), #37 (Storage Choice Sugar Land), #38 (Chateau Villa Corp.), #39 (Storage Choice Pearland), #42 (La Quinta - Lexington), #47 (Comfort Suites - Wilmington), #53 (Hidden Meadows, Inc.), #54 (Storage Choice Stafford), #60 (Storage Choice Clear Lake), #82 (444 East 87th Street Owners Corp.), and #85 (Cheney Center),  due to the timing of the first payment of debt service in November, 2014, one month of interest will be deposited with the applicable master servicer on the closing date and represents the interest accrued during the month of September. As such, the mortgage loans are shown as having a First Pay Date of interest-only in October 2014 and Original Term to Maturity of 121 months with the exception of loan #12 (Marriott at Bakersfield), which has an Original Term to Maturity of 61 months.  In addition, the mortgage loans are reflected as prohibiting prepayment prior to the first payment of debt service in November, 2014.
(5)	For mortgage loan #72 (Extra Space Palm Springs), the borrower is not required to pay any late charge (i) with respect to the first two delinquent payments during any 12 month calendar period or (ii) with respect to the first two delinquent payments following any change by lender to the Monthly Debt Service Payment Amount following notice of such change, however, the borrower is subject to default interest for any delinquent payments.
(6)	For mortgage loan #3 (Columbus Square Portfolio), the borrower is required to pay a yield maintenance premium if the partial release occurs prior to the lockout release date.
	For mortgage loan #34 (Jordan Hospital Medical Office), the yield maintenance premium is calculated based on an amount equal to the greater of: (i) 1% of any applicable prepayment; and (ii) the sum of the present values, using a discount rate equal to 50 basis points plus a periodic Treasury yield, of principal and interest payments.
(7)	For mortgage loan #4 (DC Metro Mixed Use Portfolio),  the Appraised Value assumes the completion of certain new tenant renovations as of June 1, 2016.  Cut-off Date LTV Ratio and LTV Ratio at Maturity were calculated assuming the renovations have been completed.  The Cut-off Date LTV Ratio and LTV Ratio at Maturity, assuming the renovations have not been completed and based on an as-is appraised value of $82,050,000, are 77.4% and 67.9%, respectively.
(8)	With respect to the mortgage loans secured by residential cooperative properties, the as-is appraised value of each mortgaged property is the appraised value of such mortgaged property assuming such mortgaged property is operated as a residential cooperative.
(9)	The Coop - Rental Value of a residential cooperative property is the appraised value of such mortgaged property assuming such mortgaged property is operated as a multifamily rental property.

WFRBS Commercial Mortgage Trust 2014-C23
	FOOTNOTES TO ANNEX A

(10)	Coop - Sponsor Units refers to the number of units owned by the original sponsor responsible for the mortgaged property’s conversion into cooperative ownership. A sponsor may rent its units or opt to market them for sale (either individually or as a whole). Coop - Investor Units refers to a bulk number of units owned by a non-tenant investor(s), who can rent or sell the units. Coop - Coop Units refers to the number of units owned by the borrower, which is a cooperative corporation. In this capacity, the cooperative may manage its units as an investor would or use the units for the benefit of its cooperative members. Coop – Unsold Percent refers to the ratio of the total number of units collectively owned by the original sponsor, a non-tenant investor or the cooperative corporation to the number of units with shares allocated.  Coop - Sponsor/Investor Carry is the sponsor’s or the investor’s net cash flow calculated by subtracting maintenance charges on the sponsor or investor owned units from the actual rents payable on such units, to the extent available.
(11)	With respect to the mortgage loans secured by residential cooperative properties, the Coop - Committed Secondary Debt equals the balance of any subordinate line of credit mortgage loan (the “Subordinate LOC”), based on the full face amount of the Subordinate LOC.
(12)	For purposes of determining the debt service coverage ratio and debt yield for a residential cooperative mortgage loan, the U/W NCF and the U/W NOI for a residential cooperative property is the projected net cash flow reflected in an appraisal of such residential cooperative property. Accordingly, U/W Revenues, U/W Expenses, U/W Net Operating Income, U/W Replacement and U/W Net Cash Flow are derived from the appraisal.
(13)	With respect to the residential cooperative mortgage loans, the Occupancy Rate reported reflects the property vacancy assumption in the related appraisal for purposes of determining the Appraised Value of the related mortgaged property as a multifamily rental property (i.e., the Coop - Rental Value). Additionally, the Occupancy as-of Date reflects the appraisal valuation date for such loans.
(14)	The Most Recent NOI, Second Most Recent NOI, Third Most Recent NOI, and the related fields shown for the mortgage loans secured by residential cooperative properties are “NAP”. Residential cooperatives are not-for-profit entities that set maintenance fees to cover current expenses and plan for future capital needs. A residential cooperative can increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves. The historical NOI figures are not representative of the cash flow generated by the property if it were operated as a multifamily rental property.
(15)	For mortgage loan #4 (DC Metro Mixed Use Portfolio), the largest tenant (40,746 square feet), representing 28.1% of net rentable square feet has multiple leases that expire as follows:  20,109 square feet expiring November 30,2017; 20,637 square feet expiring January 31, 2025.
	For mortgage loan #8 (Culver City Office Portfolio), the second largest tenant (17,355 square feet), representing 18.5% of net rentable square feet, offers its space to clients to use under service agreements.  Currently the second largest tenant has service agreements with two clients for 10,608 square feet and 6,161 square feet.   The second largest tenant has multiple leases expiring as follows: 11,780 square feet expire September 30, 2015; 5,575 square feet expire August 31, 2018.  The fourth largest tenant (8,160 square feet), representing 8.7% of net rentable square feet, is subleasing its entire space to the fifth largest tenant.
	For mortgage loan #24 (Promenade Merced), the largest tenant (17,812 square feet), representing 31.7% of net rentable square feet has multiple leases expiring as follows: 13,315 square feet expire June 30, 2018; 4,497 square feet expire June 30, 2020.
	For mortgage loan #34 (Jordan Hospital Medical Office), the only tenant (30,803 square feet), representing 100% of net rentable square feet, is building out 4,756 square feet of its space for sublease tenants.
	For mortgage loan #35 (Shiloh Business Park), the second largest tenant (8,760 square feet), representing 13.6% of net rentable square feet has multiple leases that expire as follows: 960 square feet expiring March 5, 2015; 850 square feet expiring March 31, 2015; 1,160 square feet expiring April 30, 2015; 1,930 square feet expiring May 31, 2016; 1,930 square feet expiring June 30, 2016; 1,930 square feet expiring May 31, 2017.
(16)	In certain cases, mortgage loans may have tenants that have executed leases, but may not be fully paying rent or occupying the related leased premises, that were included in the underwriting. The tenant leases discussed in this footnote are not intended to be an exclusive list. In particular, the tenant leases mentioned below are generally included only for top five tenants by net rentable square feet.
	For mortgage loan #1 (Bank of America Plaza), the fifth largest tenant (81,094 square feet), representing 5.7% of net rentable square feet, has abated rent through June 2015.  There is a $472,505 reserve representing the outstanding rent abatement.
	For mortgage loan #2 (Crossings at Corona), Barnes & Noble (25,023 square feet), representing 3.0% of net rentable square feet, has a lease that expires in January 2015 and is currently in its lease renewal notice period.  The tenant has been underwritten as vacant.  The Occupancy Rate including this tenant is 96.9%.
	For mortgage loan #5 (Centennial Center & Two Century Center), the fourth largest tenant (24,810 square feet), representing 5.0% of net rentable square feet, has executed a lease but has not taken occupancy.  The fourth largest tenant is expected to take occupancy in January 2015.  There is a $1,648,889 reserve to cover outstanding tenant improvements and leasing commissions at this property.
	For mortgage loan #8 (Culver City Office Portfolio), the largest tenant (24,384 square feet), representing 25.9% of net rentable square feet, has seven months of rent abatement, up to 50% for each month, on 4,021 square feet in June 2015, June 2016, December 2018, June 2019, December 2019, June 2020 and December 2020.  The fourth and fifth largest tenants (8,160 and 5,597 square feet, respectively), representing 14.6% of net rentable square feet, are expected to vacate at the end of their respective lease terms.  Two borrower related tenants have executed leases, guaranteed by the Sponsor, which will replace the fourth and fifth largest tenants.
	For mortgage loan #15 (The Shops at Starwood), the largest tenant (7,212 square feet), representing 13.0% of net rentable square feet, will reduce its space by 1,804 square feet as of November 2014.  The reduced space has been underwritten as vacant.  The largest tenant has a rent abatement in November 2014 and January 2015.  There is a $8,585 reserve representing the outstanding rent abatement.
	For mortgage loan #20 (Corridors Deer Valley), the largest tenant (41,070 square feet), representing 25.0% of net rentable square feet, has executed a lease but is not in occupancy or paying rent.  The largest tenant is anticipated to begin paying rent in December 2014.  There is a $264,901 reserve representing four months of base rent and a $431,000 reserve representing the outstanding tenant improvements related to the largest tenant.
	For mortgage loan #23 (Gateway Plaza), the largest tenant (80,000 square feet), representing 57.8% of net rentable square feet, has a rent abatement through November 2014.  There is a $80,000 reserve representing the outstanding rent abatement.

WFRBS Commercial Mortgage Trust 2014-C23
	FOOTNOTES TO ANNEX A

	For mortgage loan #24 (Promenade Merced), the largest tenant (17,812 square feet), representing 31.7% of net rentable square feet, has executed a lease and is paying rent, but is not occupying 2,257 square feet of its space.
	For mortgage loan #25 (Victory Village), the second largest tenant (4,175 square feet), representing 5.9% of net rentable square feet, has given notice of its intent to terminate its lease, effective November 2014.  A replacement tenant has executed a lease, but is not in occupancy or paying rent.  The replacement tenant is anticipated to be in occupancy by February 2015 and paying rent beginning April 2015.  There is a $300,000 reserve related to the replacement tenant.  The third largest tenant (3,150 square feet), representing 4.4% of net rentable square feet, has an outstanding rent abatement in July 2015.  There is a $5,513 reserve representing the outstanding rent abatement.  The fourth largest tenant (2,800 square feet), representing 3.9% of net rentable square feet, has outstanding rent abatements in December of 2014, 2015 and 2016.  There is a $18,200 reserve representing the outstanding rent abatements.
	For mortgage loan #30 (Marley Park Plaza), the largest tenant (49,212 square feet), representing 63.5% of net rentable square feet, has a rent abatement through December 2015.  There is a $787,392 reserve representing the outstanding rent abatements.  The third largest tenant (2,756 square feet), representing 3.6% of net rentable square feet, is not in occupancy or paying rent.  The third largest tenant is anticipated to begin paying rent in January 2015.
	For mortgage loan #32 (WMA Shadow Portfolio), the largest tenant at the Center Stage at Winder mortgaged property (3,080 square feet), representing 4.5% of net rentable square feet of the mortgage loan, vacated its space in August 2014 and has been underwritten as vacant.
	For mortgage loan #48 (Storage Depot - Regal Row), the U/W Revenues include income from climate controlled office/storage units.
	For mortgage loan #68 (270 King Street), the second largest tenant (2,319 square feet), representing 34.1% of net rentable square feet, has executed a lease but is not in occupancy or paying rent.  The second largest tenant is expected to be in occupancy and commence paying rent in October 2014.  There is a $20,871 reserve representing the gap rent period and outstanding tenant improvements and leasing commissions.
(17)	The tenant early termination options discussed in this footnote are not intended to be an exclusive list. In particular, termination options based on co-tenancy clauses are generally included only for top five tenants by net rentable square feet if the option is currently or imminently exercisable.
	For mortgage loan #1 (Bank of America Plaza), the second largest tenant (185,927 square feet), representing 13.0% of net rentable square feet, may reduce its space by one full floor on December 31, 2019 upon providing 12 months’ written notice.  The third largest tenant (163,512 square feet), representing 11.4% of net rentable square feet, has a one-time right to reduce its space by one full floor or 12,000 to 13,000 square feet of its highest or lowest contiguous floors upon providing notice on or before September 30, 2018 and payment of a termination fee equal to all unamortized tenant improvements, leasing commissions, space plan allowances and out of pocket expenses incurred by the landlord.  The fifth largest tenant (81,094 square feet), representing 5.7% of net rentable square feet, may terminate its lease on 25,773 square feet as of June 30, 2018 upon providing 12 months’ written notice and payment of a termination fee equal to $2,410,728.
	For mortgage loan #3 (Columbus Square Portfolio), the second largest tenant (55,022 square feet), representing 11.1% of net rentable square feet, may terminate its lease at any time upon providing four months’ written notice and payment of a termination fee equal to three years rent.
	For mortgage loan #4 (DC Metro Mixed Use Portfolio), the largest tenant at the 100 King Street mortgaged property (6,482 square feet), representing 4.5% of net rentable square feet for the mortgage loan, will perform significant interior work to the mortgaged property at its cost and expense, including lowering the floor level of the premises.  In the event that during the course of lowering the floor level, the tenant discovers that additional structural work is required, the tenant will notify the landlord of the additional floor work and obtain a good faith estimate of such costs.  If the good faith estimate is $70,000 or less, the tenant will, at its expense, complete the additional floor work.  In the event that the cost of the additional floor work is greater than $70,000, the tenant may terminate its lease within 10 days’ of providing landlord with the estimated costs.  The largest tenant at the 875 N Street mortgaged property (6,850 square feet), representing 4.7% of net rentable square feet for the mortgage loan, has a one-time right to terminate its lease as of January 1, 2016 with 210 days notice.
	For mortgage loan #5 (Centennial Center & Two Century Center), the largest tenant (41,593 square feet), representing 8.4% of net rentable square feet, has a one-time right to terminate its lease in whole or in part at any time after February 29, 2016 upon 12 months’ written notice and payment of the unamortized cost of construction allowance, leasing commissions and abated rent. The second largest tenant (26,582 square feet), representing 5.4% of net rentable square feet, may terminate its lease at any time on or after July 1, 2020 upon  12 months’ notice and payment of a termination fee equal to $25.50 per square foot. The third largest tenant (25,637 square feet), representing 5.2% of net rentable square feet, has a one-time right to terminate its lease on June 30, 2020 upon written notice by August 1, 2019 and payment of the unamortized cost of construction allowance, leasing commissions and abated rent paid for or provided by the landlord with an interest rate of 9.0% per annum.
	For mortgage loan #6 (677 Broadway), the second largest tenant (31,282 square feet), representing 17.7% of net rentable square feet, may terminate its lease on up to 15,641 square feet at any time on or after May 1, 2016 upon providing 180 days’ written notice.
	For mortgage loan #17 (Main Street & South Park), the largest tenant at the Main Street mortgaged property (20,342 square feet), representing 14.2% of the mortgage loan’s net rentable square feet, has a right to terminate its lease upon providing 60 days’ written notice prior to the date of its lease expiration on March 31, 2019.  The loan’s non-recourse guarantors have entered into a master lease under which they are contractually obligated to cover the lease obligations of this tenant should it exercise its early termination option.
	For mortgage loan #20 (Corridors Deer Valley), the largest tenant (41,070 square feet), representing 25.0% of net rentable square feet, may terminate its lease at any time if directed by the Arizona Department of Administration to move into an existing state owned or leased facility, upon 60 days’ written notice.  The second largest tenant (22,700 square feet), representing 13.8% of net rentable square feet, may terminate its lease within 60 days’ of any fiscal year ending June 30th due to non-appropriation of funds, upon providing 30 days’ written notice.  The fifth largest tenant (15,396 square feet), representing 9.4% of net rentable square feet, may terminate its lease as of September 30, 2015 upon providing 12 months’ written notice and payment of a cancellation fee equal to the sum of: (i) unamortized tenant improvements and leasing commissions; and (ii) rental taxes on the unamortized tenant improvement and leasing commissions.
	For mortgage loan #32 (WMA Shadow Portfolio), the fourth largest tenant at the Spring Lake Town Center mortgaged property (2,800 square feet), representing 4.1% of the mortgage loan net rentable square feet, may terminate its lease if sales for any 12 consecutive months are less than $490,000, upon proving 30 days’ written notice within 90 days’ of the end of the 12 month period.  The fifth largest tenant at the Spring Lake Town Center mortgaged property (2,000 square feet), representing 2.9% of net rentable square feet, may terminate its lease on April 30, 2015 upon providing 120 days’ written notice and payment of two months base rent and all unamortized tenant improvements and leasing commissions.

WFRBS Commercial Mortgage Trust 2014-C23
	FOOTNOTES TO ANNEX A

	For mortgage loan #55 (Walgreens – Albuquerque), the only tenant (14,560 square feet), representing 100% of net rentable square feet, may terminate its lease on August 31, 2029 and every five years thereafter, upon providing six months’ written notice.
(18)	For mortgage loan #7 (Homewood Suites – New Orleans), the Monthly Replacement Reserve will be adjusted to an amount equal to the greater of the Monthly Replacement Reserve immediately prior to the adjustment and 1/12th of 4% of operating income from the prior fiscal year.
	For mortgage loan #14 (Courtyard by Marriott – Orlando), the Monthly Replacement Reserve will be adjusted to an amount equal to the greater of the Monthly Replacement Reserve immediately prior to the adjustment and 1/12th of 4% of revenue from the prior fiscal year.
	For mortgage loans #22 (Holiday Inn Express – Flint and Fairfield Inn Madison), #42 (La Quinta - Lexington), and #47 (Comfort Suites - Wilmington), the Monthly Replacement Reserve, to be adjusted annually each January, is equal to the greater of (1) 1/12th of 4% of the actual annual gross income and (2) such amount required by the related franchisor, but in no event may the Monthly Replacement Reserve be less than the initial Monthly Replacement Reserve.
	For Mortgage Loan #26 (Hampton Inn & Suites Lenox), the Monthly Replacement Reserve, to be adjusted each January, is equal to 1/12th of 4% of the actual annual gross income.
(19)	For mortgage loan #3 (Columbus Square Portfolio), the Monthly TI/LC Reserve commences on the January 2018 payment date.
(20)	For mortgage loan #14 (Courtyard by Marriott – Orlando), the Other Escrow I Monthly payment is only required from January through April of each year in the loan term.
	For mortgage loan #76 (Shops on Veterans), the Other Escrow I Monthly payment adjusts to $19,965 on the October 2019 payment date.
(21)	For mortgage loan #20 (Corridors Deer Valley), once the largest tenant (41,070 square feet), representing 25.0% of net rentable square feet, has taken occupancy of their space, is open and paying full, unabated rent, the Other Escrow II can be used as follows: (i) first, for capital expenditures, to the extent that the Replacement Reserve escrow has been exhausted; (ii) second, for tenant improvements and leasing commissions, to the extent that the TI/LC  escrow has been exhausted; or (iii) third, for payment of all or part of monthly debt service on the mortgage loan.
(22)	With respect to the mortgage loans secured by residential cooperative properties that have existing subordinate secured indebtedness, the Whole Loan Cut-off Date Balance equals the sum of the Cut-off Date Balance of the WFRBS 2014-C23 Trust mortgage loan plus the balance of the existing subordinate loan, assuming the existing subordinate loan amount is fully advanced and the entire amount thereof is outstanding as of the Cut-off Date.
(23)	The Whole Loan Debt Service, Whole Loan U/W NOI DSCR and Whole Loan U/W NCF DSCR for the mortgage loans secured by residential cooperative properties that have existing subordinate secured debt are calculated assuming (i) that interest on the subordinate secured indebtedness is accruing pursuant to the applicable loan document (with the applicable interest rate determined using 1-month LIBOR in effect as of September 3, 2014 and giving effect to any applicable interest rate floor), (ii) that the subordinate secured indebtedness has been fully advanced and the entire amount thereof is outstanding as of the Cut-off Date and (iii) that the initial interest-only period for such subordinate secured indebtedness has expired and the related borrower is required to make scheduled principal plus interest payments as set forth in the corresponding promissory note.
(24)	The Subordinate Secured Debt Original Balance for the mortgage loans secured by residential cooperative properties that have existing subordinate secured indebtedness indicates as if the existing subordinate loan amount is fully advanced on the date of closing of said subordinate loan.
(25)	With respect to the mortgage loans secured by residential cooperative properties that have existing subordinate secured indebtedness, the Subordinate Secured Debt Cut-off Date Balance indicates the balance of the subordinate secured indebtedness as of September 3, 2014.
(26)	The Whole Loan Cut-off Date LTV Ratio, Whole Loan Cut-off Date U/W NOI Debt Yield and Whole Loan Cut-off Date U/W NCF Debt Yield for the mortgage loans secured by residential cooperative properties that have existing subordinate secured indebtedness are calculated assuming that the subordinate secured indebtedness has been fully advanced and the entire amount thereof is outstanding as of the Cut-off Date.
(27)	The Mezzanine Debt Cut-off Date Balance reflects the allocated mezzanine loan for the Jordan Hospital Medical Office Mortgage Loan. The total $6.3 million mezzanine loan is secured by the interests in the borrower of the Jordan Hospital Medical Office Mortgage Loan and the Barrington Orthopedics Portfolio Mortgage Loan that was included in WFRBS 2014-C21.
(28)	With respect to the mortgage loans secured by residential cooperative properties, each mortgaged property is owned by the borrower, which is a cooperative housing corporation. No individual or entity (other than the borrower) has recourse obligations with respect to the loans, including pursuant to any guaranty or environmental indemnity.
	For mortgage loan #24 (Promenade Merced), the third largest tenant (3,292 square feet), representing 5.9% of net rentable square feet, is affiliated with the sponsor.
	For mortgage loan #52 (Renaissance Park I), the fourth largest tenant (4,730 square feet), representing 16.0% of net rentable square feet, is affiliated with the sponsor.