FREE WRITING PROSPECTUS | |
FILED PURSUANT TO RULE 433 | |
REGISTRATION FILE NO.: 333-193376-24 | |
COMM 2015-CCRE27
The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (File No. 333-193376) 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 Securities and Exchange Commission 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 Securities and Exchange Commission website at www.sec.gov. Alternatively, the depositor or Deutsche Bank Securities Inc., any other underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-503-4611 or by emailing prospectus.cpdg@db.com. The offered certificates referred to in these materials, and the asset pool backing them, are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis. You understand that, when you are considering the purchase of these certificates, a contract of sale will come into being no sooner than the date on which the relevant class has been priced and we have verified the allocation of certificates to be made to you; any “indications of interest” expressed by you, and any “soft circles” generated by us, will not create binding contractual obligations for you or us.
This free writing prospectus does not contain all information that is required to be included in the prospectus and the prospectus supplement.
STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION
This material is for your information, and none of Deutsche Bank Securities Inc., Cantor Fitzgerald & Co., KeyBanc Capital Markets, CastleOak Securities, L.P. and Goldman, Sachs & Co. or any other underwriter (the “Underwriters”) are soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal.
Neither this document nor anything contained herein shall form the basis for any contract or commitment whatsoever. The information contained herein is preliminary as of the date hereof. These materials are subject to change, completion or amendment from time to time. The information contained herein will be superseded by similar information delivered to you as part of the offering document relating to the COMM 2015-CCRE27 Mortgage Trust Commercial Mortgage Pass-Through Certificates (the “Offering Document”). The information contained herein supersedes any such information previously delivered and should be reviewed only in conjunction with the entire Offering Document. All of the information contained herein is subject to the same limitations and qualifications contained in the Offering Document. The information contained herein 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 contained herein 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 its entirety. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this free writing prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of Underwriters or any of their respective affiliates makes 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.
This document contains forward-looking statements. Those statements are subject to certain risks and uncertainties that could cause the success of collections and the actual cash flow generated to differ materially from the information set forth herein. While such information reflects projections prepared in good faith based upon methods and data that are believed to be reasonable and accurate as of the dates thereof, the depositor undertakes no obligation to revise these forward-looking statements to reflect subsequent events or circumstances. Individuals should not place undue reliance on forward-looking statements and are advised to make their own independent analysis and determination with respect to the forecasted periods, which reflect the issuer’s view only as of the date hereof.
IMPORTANT NOTICE RELATING TO AUTOMATICALLY GENERATED EMAIL DISCLAIMERS
Any legends, disclaimers or other notices that may appear at the bottom of the email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation being made that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.
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COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
% of | Mortgage | Cut-off | General | Detailed | Interest | Original | ||||||||||||||||||||||||||
Property | Initial Pool | # of | Loan | Original | Date | Maturity | Property | Property | Interest | Administrative | Accrual | Term to | ||||||||||||||||||||
Flag | ID | Property Name | Balance | Properties | Seller (1) | Balance($)(2)(3) | Balance($)(2)(3)(8) | or ARD Balance($)(8) | Type (4)(5) | Type | Rate (6) | Fee Rate (7) | Basis | Maturity or ARD | ||||||||||||||||||
Loan | 1 | 11 Madison Avenue (35)(36)(37) | 7.5% | 1 | GACC | 70,000,000 | 70,000,000 | 70,000,000 | Office | CBD | 3.5602% | 0.0091% | Actual/360 | 120 | ||||||||||||||||||
Loan | 2 | NMS Los Angeles Multifamily Portfolio (35) | 7.0% | 6 | CCRE | 65,000,000 | 65,000,000 | 65,000,000 | Multifamily | Various | 4.9380% | 0.0157% | Actual/360 | 120 | ||||||||||||||||||
Property | 2.01 | Luxe at 1548 | 1.6% | 1 | CCRE | 14,733,333 | 14,733,333 | Multifamily | Mid Rise | |||||||||||||||||||||||
Property | 2.02 | Luxe at 1539 | 1.5% | 1 | CCRE | 14,245,833 | 14,245,833 | Multifamily | Mid Rise | |||||||||||||||||||||||
Property | 2.03 | Luxe at 1759 | 1.4% | 1 | CCRE | 12,729,167 | 12,729,167 | Multifamily | Mid Rise | |||||||||||||||||||||||
Property | 2.04 | NMS at Northridge | 1.3% | 1 | CCRE | 11,645,833 | 11,645,833 | Multifamily | Garden | |||||||||||||||||||||||
Property | 2.05 | NMS at Warner Center | 0.9% | 1 | CCRE | 8,287,500 | 8,287,500 | Multifamily | Garden | |||||||||||||||||||||||
Property | 2.06 | NMS at Superior | 0.4% | 1 | CCRE | 3,358,333 | 3,358,333 | Multifamily | Garden | |||||||||||||||||||||||
Loan | 3 | Sandalwood Portfolio | 6.8% | 7 | GACC | 63,000,000 | 62,912,576 | 50,425,139 | Multifamily | Garden | 4.2100% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Property | 3.01 | Oaks of Northgate | 1.1% | 1 | GACC | 10,550,000 | 10,535,360 | Multifamily | Garden | |||||||||||||||||||||||
Property | 3.02 | Cimarron Crossing | 1.1% | 1 | GACC | 10,450,000 | 10,435,499 | Multifamily | Garden | |||||||||||||||||||||||
Property | 3.03 | Brandon Oaks | 1.1% | 1 | GACC | 10,200,000 | 10,185,846 | Multifamily | Garden | |||||||||||||||||||||||
Property | 3.04 | Sugar Tree Apartments | 1.0% | 1 | GACC | 9,450,000 | 9,436,886 | Multifamily | Garden | |||||||||||||||||||||||
Property | 3.05 | Arlington Oaks | 0.9% | 1 | GACC | 8,500,000 | 8,488,205 | Multifamily | Garden | |||||||||||||||||||||||
Property | 3.06 | Lakeshire Place | 0.9% | 1 | GACC | 8,250,000 | 8,238,552 | Multifamily | Garden | |||||||||||||||||||||||
Property | 3.07 | Sundance Apartments | 0.6% | 1 | GACC | 5,600,000 | 5,592,229 | Multifamily | Garden | |||||||||||||||||||||||
Loan | 4 | Atlanta Multifamily Portfolio (37) | 4.8% | 2 | GACC | 45,000,000 | 45,000,000 | 42,905,176 | Multifamily | Garden | 4.8100% | 0.0126% | Actual/360 | 60 | ||||||||||||||||||
Property | 4.01 | Rosemont Cityview Apartments | 2.5% | 1 | GACC | 23,000,000 | 23,000,000 | Multifamily | Garden | |||||||||||||||||||||||
Property | 4.02 | Dawson Forest Apartments | 2.4% | 1 | GACC | 22,000,000 | 22,000,000 | Multifamily | Garden | |||||||||||||||||||||||
Loan | 5 | The Drake | 4.7% | 1 | BNYM | 44,000,000 | 44,000,000 | 40,996,450 | Multifamily | High Rise | 4.3400% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 6 | Midwest Shopping Center Portfolio (37) | 4.1% | 6 | GACC | 38,300,000 | 38,152,658 | 30,788,884 | Retail | Anchored | 4.3300% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Property | 6.01 | Home Depot Shopping Center | 1.2% | 1 | GACC | 10,968,500 | 10,926,304 | Retail | Anchored | |||||||||||||||||||||||
Property | 6.02 | Calumet Center | 0.7% | 1 | GACC | 6,725,000 | 6,699,129 | Retail | Anchored | |||||||||||||||||||||||
Property | 6.03 | Waterloo Plaza | 0.7% | 1 | GACC | 6,456,500 | 6,431,662 | Retail | Anchored | |||||||||||||||||||||||
Property | 6.04 | Broadway Plaza | 0.6% | 1 | GACC | 5,835,000 | 5,812,552 | Retail | Anchored | |||||||||||||||||||||||
Property | 6.05 | Kansas Center | 0.5% | 1 | GACC | 4,481,500 | 4,464,259 | Retail | Anchored | |||||||||||||||||||||||
Property | 6.06 | Neil Street Shopping Center | 0.4% | 1 | GACC | 3,833,500 | 3,818,752 | Retail | Anchored | |||||||||||||||||||||||
Loan | 7 | Intellicenter | 3.6% | 1 | KeyBank | 33,562,500 | 33,562,500 | 29,481,411 | Office | Suburban | 4.6500% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 8 | Hotel deLuxe | 3.5% | 1 | BNYM | 32,500,000 | 32,419,793 | 26,360,523 | Hospitality | Full Service | 4.5900% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 9 | Green Valley Corporate Center | 2.9% | 1 | BNYM | 27,000,000 | 27,000,000 | 23,115,347 | Office | Suburban | 4.5900% | 0.0301% | Actual/360 | 120 | ||||||||||||||||||
Loan | 10 | Chase Park | 2.9% | 1 | GACC | 26,600,000 | 26,600,000 | 24,269,263 | Office | Suburban | 4.3200% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 11 | Cookie Factory Lofts | 2.5% | 1 | BNYM | 23,000,000 | 23,000,000 | 20,253,535 | Multifamily | Mid Rise | 4.7600% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 12 | Windrift Apartments | 2.3% | 1 | GACC | 21,450,000 | 21,450,000 | 18,372,664 | Multifamily | Garden | 4.6100% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 13 | Village Square at Kiln Creek | 2.2% | 1 | KeyBank | 20,400,000 | 20,400,000 | 16,883,664 | Retail | Anchored | 4.3400% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 14 | Ocala Portfolio - AHIP | 2.0% | 3 | GACC | 19,000,000 | 19,000,000 | 19,000,000 | Hospitality | Limited Service | 4.2100% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Property | 14.01 | Courtyard Ocala | 0.9% | 1 | GACC | 7,967,742 | 7,967,742 | Hospitality | Limited Service | |||||||||||||||||||||||
Property | 14.02 | Residence Inn Ocala | 0.7% | 1 | GACC | 6,741,935 | 6,741,935 | Hospitality | Limited Service | |||||||||||||||||||||||
Property | 14.03 | Fairfield Inn & Suites Ocala | 0.5% | 1 | GACC | 4,290,323 | 4,290,323 | Hospitality | Limited Service | |||||||||||||||||||||||
Loan | 15 | Hilton Garden Inn Charlotte Airport | 2.0% | 1 | BNYM | 18,500,000 | 18,475,793 | 14,976,016 | Hospitality | Select Service | 4.5350% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 16 | GSP MHP Portfolio I | 1.9% | 2 | CCRE | 17,950,000 | 17,927,306 | 14,624,070 | Manufactured Housing Community | Manufactured Housing Community | 4.7235% | 0.0601% | Actual/360 | 120 | ||||||||||||||||||
Property | 16.01 | Indian Creek Village | 1.0% | 1 | CCRE | 9,070,000 | 9,058,533 | Manufactured Housing Community | Manufactured Housing Community | |||||||||||||||||||||||
Property | 16.02 | Cedar Manor MHP | 1.0% | 1 | CCRE | 8,880,000 | 8,868,773 | Manufactured Housing Community | Manufactured Housing Community | |||||||||||||||||||||||
Loan | 17 | A&H Pacific | 1.9% | 1 | GACC | 17,600,000 | 17,600,000 | 16,015,356 | Retail | Unanchored | 4.1600% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 18 | WHG Extended Stay Portfolio | 1.7% | 5 | BNYM | 15,500,000 | 15,500,000 | 14,244,376 | Hospitality | Extended Stay | 4.7600% | 0.0126% | Actual/360 | 60 | ||||||||||||||||||
Property | 18.01 | Sun Suites Louisville | 0.4% | 1 | BNYM | 4,075,000 | 4,075,000 | Hospitality | Extended Stay | |||||||||||||||||||||||
Property | 18.02 | HomeTowne Suites Columbia | 0.4% | 1 | BNYM | 3,400,000 | 3,400,000 | Hospitality | Extended Stay | |||||||||||||||||||||||
Property | 18.03 | Sun Suites Alexandria | 0.3% | 1 | BNYM | 3,000,000 | 3,000,000 | Hospitality | Extended Stay | |||||||||||||||||||||||
Property | 18.04 | HomeTowne Suites Montgomery | 0.3% | 1 | BNYM | 2,550,000 | 2,550,000 | Hospitality | Extended Stay | |||||||||||||||||||||||
Property | 18.05 | Sun Suites Gainesville | 0.3% | 1 | BNYM | 2,475,000 | 2,475,000 | Hospitality | Extended Stay | |||||||||||||||||||||||
Loan | 19 | Greater Boston Industrial Portfolio I | 1.7% | 3 | CCRE | 15,500,000 | 15,500,000 | 13,766,970 | Industrial | Various | 4.9030% | 0.0326% | Actual/360 | 120 | ||||||||||||||||||
Property | 19.01 | 65 Sunnyslope Avenue | 0.9% | 1 | CCRE | 8,425,000 | 8,425,000 | Industrial | Flex | |||||||||||||||||||||||
Property | 19.02 | 82 South Street | 0.5% | 1 | CCRE | 4,375,000 | 4,375,000 | Industrial | Flex | |||||||||||||||||||||||
Property | 19.03 | 19 Technology Drive | 0.3% | 1 | CCRE | 2,700,000 | 2,700,000 | Industrial | Warehouse/Distribution | |||||||||||||||||||||||
Loan | 20 | Reserve at Conway | 1.6% | 1 | GACC | 14,800,000 | 14,800,000 | 13,564,341 | Multifamily | Garden | 4.6000% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 21 | Chestnut Hill Apartments | 1.6% | 1 | KeyBank | 14,500,000 | 14,500,000 | 14,500,000 | Multifamily | Garden | 4.7400% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 22 | Hilton Greenville | 1.5% | 1 | KeyBank | 14,300,000 | 14,280,263 | 11,457,856 | Hospitality | Full Service | 4.2400% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 23 | The Phenix at Infinity Park II | 1.5% | 1 | GACC | 14,250,000 | 14,250,000 | 13,539,866 | Multifamily | Garden | 4.3600% | 0.0426% | Actual/360 | 60 | ||||||||||||||||||
Loan | 24 | Cannon West Shopping Center | 1.4% | 1 | CCRE | 13,000,000 | 13,000,000 | 11,233,584 | Retail | Anchored | 4.9500% | 0.0501% | Actual/360 | 120 | ||||||||||||||||||
Loan | 25 | HGI Kennewick | 1.4% | 1 | GACC | 12,695,000 | 12,678,584 | 10,299,631 | Hospitality | Limited Service | 4.6000% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 26 | Golf Center | 1.2% | 1 | GACC | 11,200,000 | 11,171,109 | 9,015,573 | Retail | Anchored | 4.3700% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 27 | University Center | 1.2% | 1 | KeyBank | 11,025,000 | 11,025,000 | 9,642,215 | Retail | Anchored | 4.4600% | 0.0102% | Actual/360 | 120 |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
% of | Mortgage | Cut-off | General | Detailed | Interest | Original | ||||||||||||||||||||||||||
Property | Initial Pool | # of | Loan | Original | Date | Maturity | Property | Property | Interest | Administrative | Accrual | Term to | ||||||||||||||||||||
Flag | ID | Property Name | Balance | Properties | Seller (1) | Balance($)(2)(3) | Balance($)(2)(3)(8) | or ARD Balance($)(8) | Type (4)(5) | Type | Rate (6) | Fee Rate (7) | Basis | Maturity or ARD | ||||||||||||||||||
Loan | 28 | The Parking Spot Portfolio | 1.2% | 2 | KeyBank | 10,860,000 | 10,846,286 | 8,849,699 | Other | Parking | 4.7300% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Property | 28.01 | The Parking Spot Columbus | 0.7% | 1 | KeyBank | 6,236,900 | 6,229,024 | Other | Parking | |||||||||||||||||||||||
Property | 28.02 | The Parking Spot Buffalo | 0.5% | 1 | KeyBank | 4,623,100 | 4,617,262 | Other | Parking | |||||||||||||||||||||||
Loan | 29 | Hotel Preston | 1.1% | 1 | GACC | 10,250,000 | 10,224,755 | 8,316,538 | Hospitality | Full Service | 4.6000% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 30 | Arrowhead Shopping Center | 1.1% | 1 | BNYM | 10,200,000 | 10,200,000 | 8,681,086 | Retail | Anchored | 4.3700% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 31 | Chestnut Street | 1.1% | 1 | BNYM | 10,000,000 | 10,000,000 | 10,000,000 | Mixed Use | Multifamily/Retail | 4.7700% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 32 | Renner Commerce Center Portfolio | 1.1% | 2 | KeyBank | 9,862,500 | 9,862,500 | 8,641,211 | Industrial | Various | 4.5400% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Property | 32.01 | Renner Commerce Center - South | 0.6% | 1 | KeyBank | 5,474,674 | 5,474,674 | Industrial | Warehouse/Distribution | |||||||||||||||||||||||
Property | 32.02 | Renner Commerce Center - North | 0.5% | 1 | KeyBank | 4,387,826 | 4,387,826 | Industrial | Flex | |||||||||||||||||||||||
Loan | 33 | Rockford Crossing | 1.0% | 1 | KeyBank | 9,450,000 | 9,450,000 | 8,264,756 | Retail | Anchored | 4.4600% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 34 | Shops at Randall Road | 1.0% | 1 | CCRE | 9,000,000 | 9,000,000 | 7,919,416 | Retail | Shadow Anchored | 4.7285% | 0.0326% | Actual/360 | 120 | ||||||||||||||||||
Loan | 35 | Fort Myers Self Storage Portfolio | 0.9% | 2 | CCRE | 8,630,000 | 8,630,000 | 7,475,049 | Self Storage | Self Storage | 5.0435% | 0.0326% | Actual/360 | 120 | ||||||||||||||||||
Property | 35.01 | Estero Self Storage | 0.5% | 1 | CCRE | 4,920,873 | 4,920,873 | Self Storage | Self Storage | |||||||||||||||||||||||
Property | 35.02 | Valuguard Self Storage | 0.4% | 1 | CCRE | 3,709,127 | 3,709,127 | Self Storage | Self Storage | |||||||||||||||||||||||
Loan | 36 | Lancaster Towers | 0.9% | 1 | KeyBank | 8,000,000 | 8,000,000 | 6,528,243 | Multifamily | High Rise | 4.7700% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 37 | Brookhaven MHP | 0.8% | 1 | CCRE | 7,915,000 | 7,904,993 | 6,448,442 | Manufactured Housing Community | Manufactured Housing Community | 4.7235% | 0.0801% | Actual/360 | 120 | ||||||||||||||||||
Loan | 38 | Park Villas Townhomes | 0.8% | 1 | KeyBank | 7,200,000 | 7,182,553 | 5,857,743 | Multifamily | Garden | 4.6800% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 39 | Evergreen Square | 0.8% | 1 | GACC | 7,173,050 | 7,173,050 | 6,240,846 | Retail | Anchored | 4.2400% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 40 | Rio Verde & Sagewood Apartments Portfolio | 0.7% | 2 | KeyBank | 6,519,000 | 6,519,000 | 6,519,000 | Multifamily | Garden | 4.5900% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Property | 40.01 | Sagewood Apartments | 0.4% | 1 | KeyBank | 3,269,000 | 3,269,000 | Multifamily | Garden | |||||||||||||||||||||||
Property | 40.02 | Rio Verde Apartments | 0.3% | 1 | KeyBank | 3,250,000 | 3,250,000 | Multifamily | Garden | |||||||||||||||||||||||
Loan | 41 | CSRA Food Lion Portfolio II (37) | 0.7% | 2 | CCRE | 6,500,000 | 6,500,000 | 5,657,781 | Retail | Anchored | 4.7500% | 0.0326% | Actual/360 | 120 | ||||||||||||||||||
Property | 41.01 | Kimberly Park | 0.4% | 1 | CCRE | 3,343,342 | 3,343,342 | Retail | Anchored | |||||||||||||||||||||||
Property | 41.02 | Eden Center | 0.3% | 1 | CCRE | 3,156,658 | 3,156,658 | Retail | Anchored | |||||||||||||||||||||||
Loan | 42 | La Galleria at the Mills | 0.7% | 1 | KeyBank | 6,150,000 | 6,142,134 | 4,999,754 | Retail | Shadow Anchored | 4.6600% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 43 | Clive Distribution Center | 0.6% | 1 | GACC | 6,000,000 | 6,000,000 | 5,232,609 | Industrial | Warehouse/Distribution | 4.3400% | 0.0526% | Actual/360 | 120 | ||||||||||||||||||
Loan | 44 | Days Inn | 0.6% | 1 | BNYM | 6,000,000 | 6,000,000 | 4,499,059 | Hospitality | Limited Service | 5.0750% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 45 | Dollar Self Storage - Tucson | 0.6% | 1 | KeyBank | 5,800,000 | 5,792,486 | 4,704,018 | Self Storage | Self Storage | 4.5900% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 46 | The Meadows Apartments | 0.6% | 1 | KeyBank | 5,200,000 | 5,200,000 | 4,434,037 | Multifamily | Garden | 4.4400% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 47 | Witte Oaks Apartments | 0.5% | 1 | GACC | 5,115,000 | 5,105,682 | 3,747,124 | Multifamily | Garden | 4.4500% | 0.0801% | Actual/360 | 120 | ||||||||||||||||||
Loan | 48 | Chambers Place | 0.5% | 1 | GACC | 5,000,000 | 5,000,000 | 4,246,164 | Retail | Shadow Anchored | 4.2900% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 49 | Sonora Cascade MHC | 0.5% | 1 | GACC | 4,250,000 | 4,244,197 | 3,412,506 | Manufactured Housing Community | Manufactured Housing Community | 4.3000% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 50 | Walgreens Aurora, IN | 0.5% | 1 | KeyBank | 4,250,000 | 4,242,538 | 3,142,920 | Retail | Single Tenant | 4.7000% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 51 | Empire Central | 0.4% | 1 | GACC | 4,000,000 | 4,000,000 | 3,484,293 | Industrial | Flex | 4.2900% | 0.0526% | Actual/360 | 120 | ||||||||||||||||||
Loan | 52 | Grove Park Shopping Center | 0.4% | 1 | KeyBank | 3,800,000 | 3,800,000 | 3,800,000 | Retail | Anchored | 4.5200% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 53 | Camelot Medical Office & Dunkin’ Donuts | 0.4% | 1 | BNYM | 3,780,000 | 3,780,000 | 3,115,264 | Office | Medical | 5.0700% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 54 | Parkway Plaza Shopping Center | 0.4% | 1 | KeyBank | 3,500,000 | 3,500,000 | 3,500,000 | Retail | Anchored | 4.5700% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 55 | Midvale Park Self Storage | 0.4% | 1 | KeyBank | 3,500,000 | 3,495,466 | 2,838,632 | Self Storage | Self Storage | 4.5900% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 56 | Fresenius Medical Care Lake City | 0.4% | 1 | KeyBank | 3,475,000 | 3,475,000 | 3,190,396 | Office | Medical | 4.7100% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 57 | Bonita Springs Self Storage (38) | 0.3% | 1 | BNYM | 3,200,000 | 3,200,000 | 2,811,529 | Self Storage | Self Storage | 4.6600% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 58 | Fresenius Medical Care Greece | 0.3% | 1 | KeyBank | 3,165,000 | 3,165,000 | 2,898,523 | Office | Medical | 4.5500% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 59 | Storage Pros Lansing | 0.3% | 1 | KeyBank | 3,042,000 | 3,042,000 | 2,638,656 | Self Storage | Self Storage | 4.6300% | 0.0602% | Actual/360 | 120 | ||||||||||||||||||
Loan | 60 | 4001 North Lincoln | 0.3% | 1 | BNYM | 2,650,000 | 2,650,000 | 2,162,480 | Retail | Unanchored | 4.7700% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 61 | Terrace Oak Apartments | 0.3% | 1 | GACC | 2,531,250 | 2,531,250 | 2,107,834 | Multifamily | Garden | 4.5400% | 0.0126% | Actual/360 | 120 | ||||||||||||||||||
Loan | 62 | Rhett at Remount | 0.3% | 1 | KeyBank | 2,500,000 | 2,496,860 | 2,039,275 | Retail | Anchored | 4.7600% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 63 | Winchester Oaks Apartments | 0.2% | 1 | KeyBank | 1,690,000 | 1,690,000 | 1,377,704 | Multifamily | Garden | 4.7400% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 64 | All Star Storage | 0.2% | 1 | KeyBank | 1,400,000 | 1,400,000 | 1,155,299 | Self Storage | Self Storage | 5.1100% | 0.0102% | Actual/360 | 120 | ||||||||||||||||||
Loan | 65 | Midvale Park RV Storage | 0.1% | 1 | KeyBank | 968,500 | 966,058 | 602,694 | Self Storage | Self Storage | 4.6900% | 0.0102% | Actual/360 | 120 |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Pari Passu | Pari Passu | |||||||||||||||||||||||||||||
Remaining | Original | Remaining | First | Monthly | Annual | Companion Loan | Companion Loan | Remaining | ||||||||||||||||||||||
Property | Term to | Amortization | Amortization | Origination | Payment | Maturity | ARD Loan | Final | Debt | Debt | Monthly Debt | Annual Debt | Interest Only | |||||||||||||||||
Flag | ID | Property Name | Maturity or ARD | Term | Term | Date | Date | or ARD Date | (Yes/No) | Maturity Date | Service($)(8)(9) | Service($) (8)(9) | Service($) | Service($) | Period | |||||||||||||||
Loan | 1 | 11 Madison Avenue (35)(36)(37) | 119 | 0 | 0 | 08/18/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 210,563 | 2,526,753 | 2,088,572 | 25,062,864 | 119 | |||||||||||||||
Loan | 2 | NMS Los Angeles Multifamily Portfolio (35) | 119 | 0 | 0 | 08/21/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 271,190 | 3,254,279 | 229,468 | 2,753,621 | 119 | |||||||||||||||
Property | 2.01 | Luxe at 1548 | ||||||||||||||||||||||||||||
Property | 2.02 | Luxe at 1539 | ||||||||||||||||||||||||||||
Property | 2.03 | Luxe at 1759 | ||||||||||||||||||||||||||||
Property | 2.04 | NMS at Northridge | ||||||||||||||||||||||||||||
Property | 2.05 | NMS at Warner Center | ||||||||||||||||||||||||||||
Property | 2.06 | NMS at Superior | ||||||||||||||||||||||||||||
Loan | 3 | Sandalwood Portfolio | 119 | 360 | 359 | 08/21/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 308,449 | 3,701,384 | ||||||||||||||||||
Property | 3.01 | Oaks of Northgate | ||||||||||||||||||||||||||||
Property | 3.02 | Cimarron Crossing | ||||||||||||||||||||||||||||
Property | 3.03 | Brandon Oaks | ||||||||||||||||||||||||||||
Property | 3.04 | Sugar Tree Apartments | ||||||||||||||||||||||||||||
Property | 3.05 | Arlington Oaks | ||||||||||||||||||||||||||||
Property | 3.06 | Lakeshire Place | ||||||||||||||||||||||||||||
Property | 3.07 | Sundance Apartments | ||||||||||||||||||||||||||||
Loan | 4 | Atlanta Multifamily Portfolio (37) | 59 | 360 | 360 | 08/20/2015 | 10/06/2015 | 09/06/2020 | No | 09/06/2020 | 228,662 | 2,743,941 | 17 | |||||||||||||||||
Property | 4.01 | Rosemont Cityview Apartments | ||||||||||||||||||||||||||||
Property | 4.02 | Dawson Forest Apartments | ||||||||||||||||||||||||||||
Loan | 5 | The Drake | 119 | 360 | 360 | 08/12/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 218,778 | 2,625,338 | 71 | |||||||||||||||||
Loan | 6 | Midwest Shopping Center Portfolio (37) | 117 | 360 | 357 | 06/19/2015 | 08/06/2015 | 07/06/2025 | No | 07/06/2025 | 190,211 | 2,282,533 | ||||||||||||||||||
Property | 6.01 | Home Depot Shopping Center | ||||||||||||||||||||||||||||
Property | 6.02 | Calumet Center | ||||||||||||||||||||||||||||
Property | 6.03 | Waterloo Plaza | ||||||||||||||||||||||||||||
Property | 6.04 | Broadway Plaza | ||||||||||||||||||||||||||||
Property | 6.05 | Kansas Center | ||||||||||||||||||||||||||||
Property | 6.06 | Neil Street Shopping Center | ||||||||||||||||||||||||||||
Loan | 7 | Intellicenter | 120 | 360 | 360 | 09/03/2015 | 11/01/2015 | 10/01/2025 | No | 10/01/2025 | 173,061 | 2,076,727 | 36 | |||||||||||||||||
Loan | 8 | Hotel deLuxe | 118 | 360 | 358 | 08/05/2015 | 09/06/2015 | 08/06/2025 | No | 08/06/2025 | 166,415 | 1,996,983 | ||||||||||||||||||
Loan | 9 | Green Valley Corporate Center | 118 | 360 | 360 | 08/06/2015 | 09/06/2015 | 08/06/2025 | No | 08/06/2025 | 138,253 | 1,659,032 | 22 | |||||||||||||||||
Loan | 10 | Chase Park | 119 | 360 | 360 | 08/20/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 131,948 | 1,583,381 | 59 | |||||||||||||||||
Loan | 11 | Cookie Factory Lofts | 120 | 360 | 360 | 09/16/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 120,118 | 1,441,411 | 36 | |||||||||||||||||
Loan | 12 | Windrift Apartments | 119 | 360 | 360 | 08/31/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 110,090 | 1,321,085 | 23 | |||||||||||||||||
Loan | 13 | Village Square at Kiln Creek | 119 | 360 | 360 | 08/11/2015 | 10/01/2015 | 09/01/2025 | No | 09/01/2025 | 101,434 | 1,217,202 | 11 | |||||||||||||||||
Loan | 14 | Ocala Portfolio - AHIP | 118 | 0 | 0 | 08/06/2015 | 09/06/2015 | 08/06/2025 | No | 08/06/2025 | 67,584 | 811,010 | 118 | |||||||||||||||||
Property | 14.01 | Courtyard Ocala | ||||||||||||||||||||||||||||
Property | 14.02 | Residence Inn Ocala | ||||||||||||||||||||||||||||
Property | 14.03 | Fairfield Inn & Suites Ocala | ||||||||||||||||||||||||||||
Loan | 15 | Hilton Garden Inn Charlotte Airport | 119 | 360 | 359 | 08/10/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 94,122 | 1,129,463 | ||||||||||||||||||
Loan | 16 | GSP MHP Portfolio I | 119 | 360 | 359 | 08/13/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 93,349 | 1,120,190 | ||||||||||||||||||
Property | 16.01 | Indian Creek Village | ||||||||||||||||||||||||||||
Property | 16.02 | Cedar Manor MHP | ||||||||||||||||||||||||||||
Loan | 17 | A&H Pacific | 119 | 360 | 360 | 08/07/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 85,657 | 1,027,880 | 59 | |||||||||||||||||
Loan | 18 | WHG Extended Stay Portfolio | 60 | 360 | 360 | 09/15/2015 | 11/06/2015 | 10/06/2020 | No | 10/06/2020 | 80,949 | 971,385 | ||||||||||||||||||
Property | 18.01 | Sun Suites Louisville | ||||||||||||||||||||||||||||
Property | 18.02 | HomeTowne Suites Columbia | ||||||||||||||||||||||||||||
Property | 18.03 | Sun Suites Alexandria | ||||||||||||||||||||||||||||
Property | 18.04 | HomeTowne Suites Montgomery | ||||||||||||||||||||||||||||
Property | 18.05 | Sun Suites Gainesville | ||||||||||||||||||||||||||||
Loan | 19 | Greater Boston Industrial Portfolio I | 119 | 300 | 300 | 09/03/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 89,738 | 1,076,852 | 59 | |||||||||||||||||
Property | 19.01 | 65 Sunnyslope Avenue | ||||||||||||||||||||||||||||
Property | 19.02 | 82 South Street | ||||||||||||||||||||||||||||
Property | 19.03 | 19 Technology Drive | ||||||||||||||||||||||||||||
Loan | 20 | Reserve at Conway | 119 | 360 | 360 | 08/10/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 75,871 | 910,456 | 59 | |||||||||||||||||
Loan | 21 | Chestnut Hill Apartments | 120 | 0 | 0 | 09/09/2015 | 11/01/2015 | 10/01/2025 | No | 10/01/2025 | 58,070 | 696,846 | 120 | |||||||||||||||||
Loan | 22 | Hilton Greenville | 119 | 360 | 359 | 08/11/2015 | 10/01/2015 | 09/01/2025 | No | 09/01/2025 | 70,264 | 843,165 | ||||||||||||||||||
Loan | 23 | The Phenix at Infinity Park II | 58 | 360 | 360 | 07/29/2015 | 09/06/2015 | 08/06/2020 | No | 08/06/2020 | 71,022 | 852,266 | 22 | |||||||||||||||||
Loan | 24 | Cannon West Shopping Center | 119 | 360 | 360 | 08/26/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 69,390 | 832,681 | 23 | |||||||||||||||||
Loan | 25 | HGI Kennewick | 119 | 360 | 359 | 08/14/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 65,080 | 780,962 | ||||||||||||||||||
Loan | 26 | Golf Center | 118 | 360 | 358 | 08/03/2015 | 09/06/2015 | 08/06/2025 | No | 08/06/2025 | 55,887 | 670,643 | ||||||||||||||||||
Loan | 27 | University Center | 120 | 360 | 360 | 09/04/2015 | 11/01/2015 | 10/01/2025 | Yes | 10/01/2030 | 55,600 | 667,204 | 36 |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Pari Passu | Pari Passu | |||||||||||||||||||||||||||||
Remaining | Original | Remaining | First | Monthly | Annual | Companion Loan | Companion Loan | Remaining | ||||||||||||||||||||||
Property | Term to | Amortization | Amortization | Origination | Payment | Maturity | ARD Loan | Final | Debt | Debt | Monthly Debt | Annual Debt | Interest Only | |||||||||||||||||
Flag | ID | Property Name | Maturity or ARD | Term | Term | Date | Date | or ARD Date | (Yes/No) | Maturity Date | Service($)(8)(9) | Service($) (8)(9) | Service($) | Service($) | Period | |||||||||||||||
Loan | 28 | The Parking Spot Portfolio | 119 | 360 | 359 | 08/19/2015 | 10/01/2015 | 09/01/2025 | No | 09/01/2025 | 56,520 | 678,241 | ||||||||||||||||||
Property | 28.01 | The Parking Spot Columbus | ||||||||||||||||||||||||||||
Property | 28.02 | The Parking Spot Buffalo | ||||||||||||||||||||||||||||
Loan | 29 | Hotel Preston | 118 | 360 | 358 | 08/05/2015 | 09/06/2015 | 08/06/2025 | No | 08/06/2025 | 52,546 | 630,553 | ||||||||||||||||||
Loan | 30 | Arrowhead Shopping Center | 118 | 360 | 360 | 07/29/2015 | 09/06/2015 | 08/06/2025 | No | 08/06/2025 | 50,897 | 610,764 | 22 | |||||||||||||||||
Loan | 31 | Chestnut Street | 120 | 0 | 0 | 09/11/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 40,302 | 483,625 | 120 | |||||||||||||||||
Loan | 32 | Renner Commerce Center Portfolio | 119 | 360 | 360 | 08/20/2015 | 10/01/2015 | 09/01/2025 | No | 09/01/2025 | 50,207 | 602,478 | 35 | |||||||||||||||||
Property | 32.01 | Renner Commerce Center - South | ||||||||||||||||||||||||||||
Property | 32.02 | Renner Commerce Center - North | ||||||||||||||||||||||||||||
Loan | 33 | Rockford Crossing | 120 | 360 | 360 | 09/04/2015 | 11/01/2015 | 10/01/2025 | Yes | 10/01/2030 | 47,657 | 571,889 | 36 | |||||||||||||||||
Loan | 34 | Shops at Randall Road | 119 | 360 | 360 | 08/26/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 46,832 | 561,980 | 35 | |||||||||||||||||
Loan | 35 | Fort Myers Self Storage Portfolio | 119 | 360 | 360 | 08/28/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 46,557 | 558,689 | 23 | |||||||||||||||||
Property | 35.01 | Estero Self Storage | ||||||||||||||||||||||||||||
Property | 35.02 | Valuguard Self Storage | ||||||||||||||||||||||||||||
Loan | 36 | Lancaster Towers | 120 | 360 | 360 | 09/11/2015 | 11/01/2015 | 10/01/2025 | No | 10/01/2025 | 41,828 | 501,939 | ||||||||||||||||||
Loan | 37 | Brookhaven MHP | 119 | 360 | 359 | 08/13/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 41,162 | 493,945 | ||||||||||||||||||
Loan | 38 | Park Villas Townhomes | 118 | 360 | 358 | 07/31/2015 | 09/01/2015 | 08/01/2025 | No | 08/01/2025 | 37,255 | 447,065 | ||||||||||||||||||
Loan | 39 | Evergreen Square | 119 | 360 | 360 | 08/21/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 35,245 | 422,941 | 35 | |||||||||||||||||
Loan | 40 | Rio Verde & Sagewood Apartments Portfolio | 119 | 0 | 0 | 08/25/2015 | 10/01/2015 | 09/01/2025 | No | 09/01/2025 | 25,282 | 303,378 | 119 | |||||||||||||||||
Property | 40.01 | Sagewood Apartments | ||||||||||||||||||||||||||||
Property | 40.02 | Rio Verde Apartments | ||||||||||||||||||||||||||||
Loan | 41 | CSRA Food Lion Portfolio II (37) | 119 | 360 | 360 | 08/27/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 33,907 | 406,885 | 29 | |||||||||||||||||
Property | 41.01 | Kimberly Park | ||||||||||||||||||||||||||||
Property | 41.02 | Eden Center | ||||||||||||||||||||||||||||
Loan | 42 | La Galleria at the Mills | 119 | 360 | 359 | 08/20/2015 | 10/01/2015 | 09/01/2025 | No | 09/01/2025 | 31,749 | 380,982 | ||||||||||||||||||
Loan | 43 | Clive Distribution Center | 119 | 360 | 360 | 08/19/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 29,833 | 358,001 | 35 | |||||||||||||||||
Loan | 44 | Days Inn | 120 | 300 | 300 | 09/16/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 35,338 | 424,057 | ||||||||||||||||||
Loan | 45 | Dollar Self Storage - Tucson | 119 | 360 | 359 | 08/05/2015 | 10/01/2015 | 09/01/2025 | No | 09/01/2025 | 29,699 | 356,385 | ||||||||||||||||||
Loan | 46 | The Meadows Apartments | 118 | 360 | 360 | 07/31/2015 | 09/01/2015 | 08/01/2025 | No | 08/01/2025 | 26,163 | 313,951 | 22 | |||||||||||||||||
Loan | 47 | Witte Oaks Apartments | 119 | 300 | 299 | 08/10/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 28,286 | 339,430 | ||||||||||||||||||
Loan | 48 | Chambers Place | 118 | 360 | 360 | 08/06/2015 | 09/06/2015 | 08/06/2025 | No | 08/06/2025 | 24,714 | 296,571 | 22 | |||||||||||||||||
Loan | 49 | Sonora Cascade MHC | 119 | 360 | 359 | 08/12/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 21,032 | 252,384 | ||||||||||||||||||
Loan | 50 | Walgreens Aurora, IN | 119 | 300 | 299 | 08/13/2015 | 10/01/2015 | 09/01/2025 | No | 09/01/2025 | 24,108 | 289,295 | ||||||||||||||||||
Loan | 51 | Empire Central | 119 | 360 | 360 | 08/19/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 19,771 | 237,257 | 35 | |||||||||||||||||
Loan | 52 | Grove Park Shopping Center | 120 | 0 | 0 | 09/09/2015 | 11/01/2015 | 10/01/2025 | No | 10/01/2025 | 14,512 | 174,146 | 120 | |||||||||||||||||
Loan | 53 | Camelot Medical Office & Dunkin’ Donuts | 120 | 360 | 360 | 09/16/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 20,454 | 245,447 | ||||||||||||||||||
Loan | 54 | Parkway Plaza Shopping Center | 120 | 0 | 0 | 09/15/2015 | 11/01/2015 | 10/01/2025 | No | 10/01/2025 | 13,514 | 162,171 | 120 | |||||||||||||||||
Loan | 55 | Midvale Park Self Storage | 119 | 360 | 359 | 09/01/2015 | 10/01/2015 | 09/01/2025 | No | 09/01/2025 | 17,922 | 215,060 | ||||||||||||||||||
Loan | 56 | Fresenius Medical Care Lake City | 119 | 360 | 360 | 08/12/2015 | 10/01/2015 | 09/01/2025 | No | 09/01/2025 | 18,044 | 216,523 | 59 | |||||||||||||||||
Loan | 57 | Bonita Springs Self Storage (38) | 120 | 360 | 360 | 09/14/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 16,520 | 198,235 | 36 | |||||||||||||||||
Loan | 58 | Fresenius Medical Care Greece | 118 | 360 | 360 | 07/17/2015 | 09/01/2015 | 08/01/2025 | No | 08/01/2025 | 16,131 | 193,569 | 58 | |||||||||||||||||
Loan | 59 | Storage Pros Lansing | 117 | 360 | 360 | 06/09/2015 | 08/01/2015 | 07/01/2025 | No | 07/01/2025 | 15,649 | 187,791 | 27 | |||||||||||||||||
Loan | 60 | 4001 North Lincoln | 120 | 360 | 360 | 09/16/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 13,856 | 166,267 | ||||||||||||||||||
Loan | 61 | Terrace Oak Apartments | 119 | 360 | 360 | 08/12/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 12,886 | 154,628 | 11 | |||||||||||||||||
Loan | 62 | Rhett at Remount | 119 | 360 | 359 | 08/05/2015 | 10/01/2015 | 09/01/2025 | No | 09/01/2025 | 13,056 | 156,675 | ||||||||||||||||||
Loan | 63 | Winchester Oaks Apartments | 120 | 360 | 360 | 09/03/2015 | 11/01/2015 | 10/01/2025 | No | 10/01/2025 | 8,806 | 105,668 | ||||||||||||||||||
Loan | 64 | All Star Storage | 120 | 360 | 360 | 09/11/2015 | 11/01/2015 | 10/01/2025 | No | 10/01/2025 | 7,610 | 91,319 | ||||||||||||||||||
Loan | 65 | Midvale Park RV Storage | 119 | 240 | 239 | 09/01/2015 | 10/01/2015 | 09/01/2025 | No | 09/01/2025 | 6,227 | 74,724 |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Crossed | FIRREA | Cut-Off | ||||||||||||||||||||||||||
Property | Cash | With | Related | Underwritten | Underwritten | Grace | Payment | Appraised | Appraisal | Compliant | Date LTV | |||||||||||||||||
Flag | ID | Property Name | Lockbox (10) | Management (11) | Other Loans | Borrower | NOI DSCR (8)(9)(12)(13) | NCF DSCR (8)(9)(12)(13) | Period (14) | Date | Value ($)(15) | As-of Date | (Yes/No) | Ratio (12)(13)(15) | ||||||||||||||
Loan | 1 | 11 Madison Avenue (35)(36)(37) | Hard | Springing | No | 3.97x | 3.89x | 0 | 6 | 2,350,000,000 | 07/01/2015 | Yes | 32.5% | |||||||||||||||
Loan | 2 | NMS Los Angeles Multifamily Portfolio (35) | Springing Soft | Springing | No | 1.33x | 1.31x | 0 | 6 | 174,300,000 | 06/09/2015 | Yes | 68.8% | |||||||||||||||
Property | 2.01 | Luxe at 1548 | 37,100,000 | 06/09/2015 | Yes | |||||||||||||||||||||||
Property | 2.02 | Luxe at 1539 | 35,930,000 | 06/09/2015 | Yes | |||||||||||||||||||||||
Property | 2.03 | Luxe at 1759 | 32,110,000 | 06/09/2015 | Yes | |||||||||||||||||||||||
Property | 2.04 | NMS at Northridge | 29,290,000 | 06/09/2015 | Yes | |||||||||||||||||||||||
Property | 2.05 | NMS at Warner Center | 20,920,000 | 06/09/2015 | Yes | |||||||||||||||||||||||
Property | 2.06 | NMS at Superior | 8,450,000 | 06/09/2015 | Yes | |||||||||||||||||||||||
Loan | 3 | Sandalwood Portfolio | Soft | Springing | No | 1.73x | 1.60x | 0 | 6 | 99,310,000 | 07/13/2015 | Yes | 63.3% | |||||||||||||||
Property | 3.01 | Oaks of Northgate | 16,400,000 | 06/29/2015 | Yes | |||||||||||||||||||||||
Property | 3.02 | Cimarron Crossing | 15,460,000 | 07/01/2015 | Yes | |||||||||||||||||||||||
Property | 3.03 | Brandon Oaks | 17,200,000 | 06/29/2015 | Yes | |||||||||||||||||||||||
Property | 3.04 | Sugar Tree Apartments | 13,650,000 | 07/02/2015 | Yes | |||||||||||||||||||||||
Property | 3.05 | Arlington Oaks | 12,630,000 | 07/06/2015 | Yes | |||||||||||||||||||||||
Property | 3.06 | Lakeshire Place | 14,140,000 | 07/07/2015 | Yes | |||||||||||||||||||||||
Property | 3.07 | Sundance Apartments | 8,100,000 | 06/29/2015 | Yes | |||||||||||||||||||||||
Loan | 4 | Atlanta Multifamily Portfolio (37) | Soft | In Place | No | 1.36x | 1.30x | 0 | 6 | 69,300,000 | 10/31/2016 | Yes | 64.9% | |||||||||||||||
Property | 4.01 | Rosemont Cityview Apartments | 35,600,000 | 10/31/2016 | Yes | |||||||||||||||||||||||
Property | 4.02 | Dawson Forest Apartments | 33,700,000 | 10/31/2016 | Yes | |||||||||||||||||||||||
Loan | 5 | The Drake | Springing Soft | Springing | No | 1.29x | 1.28x | 0 | 6 | 65,300,000 | 06/19/2015 | Yes | 67.4% | |||||||||||||||
Loan | 6 | Midwest Shopping Center Portfolio (37) | Hard | In Place | No | 1.73x | 1.53x | 0 | 6 | 56,630,000 | 04/03/2015 | Yes | 67.4% | |||||||||||||||
Property | 6.01 | Home Depot Shopping Center | 15,250,000 | 04/01/2015 | Yes | |||||||||||||||||||||||
Property | 6.02 | Calumet Center | 11,950,000 | 03/20/2015 | Yes | |||||||||||||||||||||||
Property | 6.03 | Waterloo Plaza | 8,400,000 | 04/01/2015 | Yes | |||||||||||||||||||||||
Property | 6.04 | Broadway Plaza | 7,800,000 | 03/18/2015 | Yes | |||||||||||||||||||||||
Property | 6.05 | Kansas Center | 5,800,000 | 03/24/2015 | Yes | |||||||||||||||||||||||
Property | 6.06 | Neil Street Shopping Center | 5,400,000 | 03/12/2015 | Yes | |||||||||||||||||||||||
Loan | 7 | Intellicenter | Soft | Springing | No | 1.50x | 1.44x | 5 | 1 | 44,750,000 | 08/05/2015 | Yes | 75.0% | |||||||||||||||
Loan | 8 | Hotel deLuxe | Hard | Springing | No | Yes - A | 2.08x | 1.85x | 0 | 6 | 47,200,000 | 04/10/2015 | Yes | 68.7% | ||||||||||||||
Loan | 9 | Green Valley Corporate Center | Hard | In Place | No | 2.02x | 1.96x | 0 | 6 | 42,280,000 | 06/12/2015 | Yes | 63.9% | |||||||||||||||
Loan | 10 | Chase Park | Hard | Springing | No | 1.77x | 1.54x | 0 | 6 | 38,400,000 | 05/29/2015 | Yes | 69.3% | |||||||||||||||
Loan | 11 | Cookie Factory Lofts | Springing Soft | Springing | No | 1.30x | 1.28x | 0 | 6 | 30,200,000 | 08/11/2015 | Yes | 76.2% | |||||||||||||||
Loan | 12 | Windrift Apartments | Springing Soft | Springing | No | 1.38x | 1.31x | 0 | 6 | 28,700,000 | 06/30/2015 | Yes | 74.7% | |||||||||||||||
Loan | 13 | Village Square at Kiln Creek | Soft | Springing | No | 1.57x | 1.43x | 5 | 1 | 29,600,000 | 07/10/2015 | Yes | 68.9% | |||||||||||||||
Loan | 14 | Ocala Portfolio - AHIP | Hard | Springing | No | 3.77x | 3.34x | 0 | 6 | 31,000,000 | 06/01/2015 | Yes | 61.3% | |||||||||||||||
Property | 14.01 | Courtyard Ocala | 13,000,000 | 06/01/2015 | Yes | |||||||||||||||||||||||
Property | 14.02 | Residence Inn Ocala | 11,000,000 | 06/01/2015 | Yes | |||||||||||||||||||||||
Property | 14.03 | Fairfield Inn & Suites Ocala | 7,000,000 | 06/01/2015 | Yes | |||||||||||||||||||||||
Loan | 15 | Hilton Garden Inn Charlotte Airport | Springing Hard | Springing | No | 2.11x | 1.92x | 0 | 6 | 28,500,000 | 06/18/2015 | Yes | 64.8% | |||||||||||||||
Loan | 16 | GSP MHP Portfolio I | Soft | Springing | No | Yes - B | 1.31x | 1.29x | 0 | 6 | 23,950,000 | 06/26/2015 | Yes | 74.9% | ||||||||||||||
Property | 16.01 | Indian Creek Village | 12,100,000 | 06/26/2015 | Yes | |||||||||||||||||||||||
Property | 16.02 | Cedar Manor MHP | 11,850,000 | 06/26/2015 | Yes | |||||||||||||||||||||||
Loan | 17 | A&H Pacific | Soft Springing Hard | Springing | No | 1.72x | 1.69x | 0 | 6 | 28,800,000 | 04/15/2015 | Yes | 61.1% | |||||||||||||||
Loan | 18 | WHG Extended Stay Portfolio | Springing Hard | Springing | No | 2.19x | 1.95x | 0 | 6 | 22,000,000 | Various | Yes | 70.5% | |||||||||||||||
Property | 18.01 | Sun Suites Louisville | 5,900,000 | 08/18/2015 | Yes | |||||||||||||||||||||||
Property | 18.02 | HomeTowne Suites Columbia | 4,600,000 | 08/17/2015 | Yes | |||||||||||||||||||||||
Property | 18.03 | Sun Suites Alexandria | 4,300,000 | 08/17/2015 | Yes | |||||||||||||||||||||||
Property | 18.04 | HomeTowne Suites Montgomery | 3,600,000 | 08/19/2015 | Yes | |||||||||||||||||||||||
Property | 18.05 | Sun Suites Gainesville | 3,600,000 | 08/18/2015 | Yes | |||||||||||||||||||||||
Loan | 19 | Greater Boston Industrial Portfolio I | Soft | Springing | No | 1.36x | 1.26x | 0 | 6 | 21,100,000 | Various | Yes | 73.5% | |||||||||||||||
Property | 19.01 | 65 Sunnyslope Avenue | 11,700,000 | 08/12/2015 | Yes | |||||||||||||||||||||||
Property | 19.02 | 82 South Street | 6,100,000 | 08/06/2015 | Yes | |||||||||||||||||||||||
Property | 19.03 | 19 Technology Drive | 3,300,000 | 08/10/2015 | Yes | |||||||||||||||||||||||
Loan | 20 | Reserve at Conway | Springing Soft | Springing | No | 1.35x | 1.29x | 0 | 6 | 20,100,000 | 07/01/2016 | Yes | 73.6% | |||||||||||||||
Loan | 21 | Chestnut Hill Apartments | Springing Soft | Springing | No | 2.32x | 2.12x | 5 | 1 | 23,900,000 | 07/29/2015 | Yes | 60.7% | |||||||||||||||
Loan | 22 | Hilton Greenville | Hard | Springing | No | 3.42x | 3.02x | 5 | 1 | 28,700,000 | 06/26/2015 | Yes | 49.8% | |||||||||||||||
Loan | 23 | The Phenix at Infinity Park II | Soft | Springing | No | 1.39x | 1.34x | 0 | 6 | 19,900,000 | 06/26/2015 | Yes | 71.6% | |||||||||||||||
Loan | 24 | Cannon West Shopping Center | Hard | Springing | No | Yes - C | 1.49x | 1.38x | 0 | 6 | 17,350,000 | 07/21/2015 | Yes | 74.9% | ||||||||||||||
Loan | 25 | HGI Kennewick | Hard | Springing | No | 1.92x | 1.66x | 0 | 6 | 17,600,000 | 07/03/2015 | Yes | 72.0% | |||||||||||||||
Loan | 26 | Golf Center | Springing Hard | Springing | No | 1.58x | 1.38x | 0 | 6 | 16,000,000 | 03/16/2015 | Yes | 69.8% | |||||||||||||||
Loan | 27 | University Center | Springing Hard | Springing | No | Yes - D | 1.43x | 1.36x | 0 | 1 | 15,750,000 | 07/30/2015 | Yes | 70.0% |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Crossed | FIRREA | Cut-Off | ||||||||||||||||||||||||||
Property | Cash | With | Related | Underwritten | Underwritten | Grace | Payment | Appraised | Appraisal | Compliant | Date LTV | |||||||||||||||||
Flag | ID | Property Name | Lockbox (10) | Management (11) | Other Loans | Borrower | NOI DSCR (8)(9)(12)(13) | NCF DSCR (8)(9)(12)(13) | Period (14) | Date | Value ($)(15) | As-of Date | (Yes/No) | Ratio (12)(13)(15) | ||||||||||||||
Loan | 28 | The Parking Spot Portfolio | Springing Hard | Springing | No | 2.11x | 1.99x | 5 | 1 | 17,150,000 | Various | Yes | 63.2% | |||||||||||||||
Property | 28.01 | The Parking Spot Columbus | 9,850,000 | 06/09/2015 | Yes | |||||||||||||||||||||||
Property | 28.02 | The Parking Spot Buffalo | 7,300,000 | 06/05/2015 | Yes | |||||||||||||||||||||||
Loan | 29 | Hotel Preston | Hard | Springing | No | Yes - A | 2.68x | 2.25x | 0 | 6 | 14,700,000 | 04/13/2015 | Yes | 69.6% | ||||||||||||||
Loan | 30 | Arrowhead Shopping Center | Springing Hard | Springing | No | 1.66x | 1.59x | 0 | 6 | 14,000,000 | 06/16/2015 | Yes | 72.9% | |||||||||||||||
Loan | 31 | Chestnut Street | Springing Soft | Springing | No | Yes - E | 1.51x | 1.50x | 0 | 6 | 14,800,000 | 07/29/2015 | Yes | 67.6% | ||||||||||||||
Loan | 32 | Renner Commerce Center Portfolio | Springing Soft | Springing | No | 1.45x | 1.33x | 5 | 1 | 13,150,000 | 07/06/2015 | Yes | 75.0% | |||||||||||||||
Property | 32.01 | Renner Commerce Center - South | 7,299,565 | 07/06/2015 | Yes | |||||||||||||||||||||||
Property | 32.02 | Renner Commerce Center - North | 5,850,435 | 07/06/2015 | Yes | |||||||||||||||||||||||
Loan | 33 | Rockford Crossing | Springing Hard | Springing | No | Yes - D | 1.63x | 1.36x | 0 | 1 | 13,800,000 | 07/31/2015 | Yes | 68.5% | ||||||||||||||
Loan | 34 | Shops at Randall Road | Soft Springing Hard | Springing | No | 1.48x | 1.38x | 0 | 6 | 12,000,000 | 05/19/2015 | Yes | 75.0% | |||||||||||||||
Loan | 35 | Fort Myers Self Storage Portfolio | Hard | Springing | No | 1.32x | 1.29x | 0 | 6 | 11,680,000 | 07/21/2015 | Yes | 73.9% | |||||||||||||||
Property | 35.01 | Estero Self Storage | 6,660,000 | 07/21/2015 | Yes | |||||||||||||||||||||||
Property | 35.02 | Valuguard Self Storage | 5,020,000 | 07/21/2015 | Yes | |||||||||||||||||||||||
Loan | 36 | Lancaster Towers | Soft | Springing | No | 1.54x | 1.44x | 0 | 1 | 12,000,000 | 08/25/2015 | Yes | 66.7% | |||||||||||||||
Loan | 37 | Brookhaven MHP | Soft | Springing | No | Yes - B | 1.30x | 1.28x | 0 | 6 | 10,930,000 | 06/26/2015 | Yes | 72.3% | ||||||||||||||
Loan | 38 | Park Villas Townhomes | Soft | Springing | No | 1.52x | 1.35x | 5 | 1 | 9,300,000 | 06/03/2015 | Yes | 77.2% | |||||||||||||||
Loan | 39 | Evergreen Square | Springing Hard | Springing | No | 1.88x | 1.68x | 0 | 6 | 9,900,000 | 06/27/2015 | Yes | 72.5% | |||||||||||||||
Loan | 40 | Rio Verde & Sagewood Apartments Portfolio | Springing Soft | Springing | No | 2.47x | 2.32x | 0 | 1 | 10,300,000 | 06/26/2015 | Yes | 63.3% | |||||||||||||||
Property | 40.01 | Sagewood Apartments | 5,100,000 | 06/26/2015 | Yes | |||||||||||||||||||||||
Property | 40.02 | Rio Verde Apartments | 5,200,000 | 06/26/2015 | Yes | |||||||||||||||||||||||
Loan | 41 | CSRA Food Lion Portfolio II (37) | Hard | Springing | No | Yes - F | 1.69x | 1.40x | 0 | 6 | 9,575,000 | Various | Yes | 67.9% | ||||||||||||||
Property | 41.01 | Kimberly Park | 4,925,000 | 07/01/2015 | Yes | |||||||||||||||||||||||
Property | 41.02 | Eden Center | 4,650,000 | 07/02/2015 | Yes | |||||||||||||||||||||||
Loan | 42 | La Galleria at the Mills | Soft | Springing | No | 1.43x | 1.31x | 5 | 1 | 9,700,000 | 04/30/2015 | Yes | 63.3% | |||||||||||||||
Loan | 43 | Clive Distribution Center | Hard | Springing | No | Yes - C | 1.84x | 1.63x | 0 | 6 | 8,500,000 | 07/07/2015 | Yes | 70.6% | ||||||||||||||
Loan | 44 | Days Inn | Springing Hard | Springing | No | 2.56x | 2.30x | 0 | 6 | 10,000,000 | 07/09/2015 | Yes | 60.0% | |||||||||||||||
Loan | 45 | Dollar Self Storage - Tucson | None | None | No | Yes - G | 1.71x | 1.67x | 0 | 1 | 9,370,000 | 06/11/2015 | Yes | 61.8% | ||||||||||||||
Loan | 46 | The Meadows Apartments | Springing Soft | Springing | No | 1.57x | 1.42x | 5 | 1 | 7,470,000 | 04/13/2015 | Yes | 69.6% | |||||||||||||||
Loan | 47 | Witte Oaks Apartments | Soft | Springing | No | 1.68x | 1.57x | 0 | 6 | 6,820,000 | 07/14/2015 | Yes | 74.9% | |||||||||||||||
Loan | 48 | Chambers Place | Springing Hard | Springing | No | 1.93x | 1.78x | 0 | 6 | 7,200,000 | 06/25/2015 | Yes | 69.4% | |||||||||||||||
Loan | 49 | Sonora Cascade MHC | Springing Soft | Springing | No | 1.47x | 1.45x | 0 | 6 | 5,790,000 | 07/02/2015 | Yes | 73.3% | |||||||||||||||
Loan | 50 | Walgreens Aurora, IN | Springing Soft | Springing | No | 1.31x | 1.30x | 0 | 1 | 6,750,000 | 06/20/2015 | Yes | 62.9% | |||||||||||||||
Loan | 51 | Empire Central | Springing Hard | Springing | No | 1.90x | 1.59x | 0 | 6 | 5,600,000 | 07/02/2015 | Yes | 71.4% | |||||||||||||||
Loan | 52 | Grove Park Shopping Center | Soft | Springing | No | Yes - H | 3.02x | 2.57x | 5 | 1 | 6,800,000 | 07/24/2015 | Yes | 55.9% | ||||||||||||||
Loan | 53 | Camelot Medical Office & Dunkin’ Donuts | Springing Hard | Springing | No | 1.37x | 1.25x | 0 | 6 | 5,040,000 | 08/07/2015 | Yes | 75.0% | |||||||||||||||
Loan | 54 | Parkway Plaza Shopping Center | Soft | Springing | No | Yes - H | 2.51x | 2.17x | 5 | 1 | 6,050,000 | 07/27/2015 | Yes | 57.9% | ||||||||||||||
Loan | 55 | Midvale Park Self Storage | Springing Soft | Springing | No | Yes - G | 1.60x | 1.56x | 0 | 1 | 5,070,000 | 06/11/2015 | Yes | 68.9% | ||||||||||||||
Loan | 56 | Fresenius Medical Care Lake City | Hard | In Place | No | Yes - F | 1.65x | 1.56x | 0 | 1 | 5,700,000 | 07/07/2015 | Yes | 61.0% | ||||||||||||||
Loan | 57 | Bonita Springs Self Storage (38) | Springing Soft | Springing | No | 1.51x | 1.43x | 0 | 6 | 4,600,000 | 08/05/2015 | Yes | 69.6% | |||||||||||||||
Loan | 58 | Fresenius Medical Care Greece | Hard | In Place | No | Yes - F | 1.52x | 1.43x | 0 | 1 | 5,300,000 | 06/24/2015 | Yes | 59.7% | ||||||||||||||
Loan | 59 | Storage Pros Lansing | None | None | No | 1.48x | 1.42x | 5 | 1 | 4,190,000 | 05/15/2015 | Yes | 72.6% | |||||||||||||||
Loan | 60 | 4001 North Lincoln | Springing Hard | Springing | No | Yes - E | 1.34x | 1.27x | 0 | 6 | 3,600,000 | 08/10/2015 | Yes | 73.6% | ||||||||||||||
Loan | 61 | Terrace Oak Apartments | Springing Hard | Springing | No | 1.55x | 1.46x | 0 | 6 | 3,375,000 | 05/29/2015 | Yes | 75.0% | |||||||||||||||
Loan | 62 | Rhett at Remount | Springing Hard | Springing | No | 1.69x | 1.44x | 5 | 1 | 3,380,000 | 07/06/2015 | Yes | 73.9% | |||||||||||||||
Loan | 63 | Winchester Oaks Apartments | Springing Soft | Springing | No | 2.02x | 1.80x | 5 | 1 | 2,600,000 | 06/26/2015 | Yes | 65.0% | |||||||||||||||
Loan | 64 | All Star Storage | None | None | No | 1.95x | 1.90x | 5 | 1 | 2,400,000 | 08/05/2015 | Yes | 58.3% | |||||||||||||||
Loan | 65 | Midvale Park RV Storage | Springing Soft | Springing | No | Yes - G | 1.96x | 1.85x | 0 | 1 | 1,490,000 | 06/11/2015 | Yes | 64.8% |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Net | ||||||||||||||||||||||||
Rentable Area | Units | |||||||||||||||||||||||
Property | LTV Ratio at | Year | Year | (SF/Units/ | of | |||||||||||||||||||
Flag | ID | Property Name | Maturity or ARD (12)(13)(15) | Address | City | County | State | Zip Code | Built | Renovated | Rooms/Pads/Spaces)(4) | Measure | ||||||||||||
Loan | 1 | 11 Madison Avenue (35)(36)(37) | 32.5% | 11 Madison Avenue | New York | New York | NY | 10010 | 1932-1950 | 1994-1997, 2015 | 2,285,043 | Sq. Ft. | ||||||||||||
Loan | 2 | NMS Los Angeles Multifamily Portfolio (35) | 68.8% | Various | Various | Los Angeles | CA | Various | Various | Various | 384 | Units | ||||||||||||
Property | 2.01 | Luxe at 1548 | 1548 6th Street | Santa Monica | Los Angeles | CA | 90401 | 2009 | NAP | 54 | Units | |||||||||||||
Property | 2.02 | Luxe at 1539 | 1539 4th Street | Santa Monica | Los Angeles | CA | 90401 | 2008 | NAP | 62 | Units | |||||||||||||
Property | 2.03 | Luxe at 1759 | 1759 Beloit Avenue | Los Angeles | Los Angeles | CA | 90025 | 2009 | NAP | 61 | Units | |||||||||||||
Property | 2.04 | NMS at Northridge | 9710 Zelzah Avenue | Northridge | Los Angeles | CA | 91325 | 1987 | 2015 | 102 | Units | |||||||||||||
Property | 2.05 | NMS at Warner Center | 21021 Vanowen Street | Canoga Park | Los Angeles | CA | 91303 | 1988 | NAP | 79 | Units | |||||||||||||
Property | 2.06 | NMS at Superior | 17089 Superior Street | Northridge | Los Angeles | CA | 91325 | 2003 | 2015 | 26 | Units | |||||||||||||
Loan | 3 | Sandalwood Portfolio | 50.8% | Various | Various | Various | TX | Various | Various | Various | 1,644 | Units | ||||||||||||
Property | 3.01 | Oaks of Northgate | 8000 Oakdell Way | San Antonio | Bexar | TX | 78240 | 1985 | 2015 | 276 | Units | |||||||||||||
Property | 3.02 | Cimarron Crossing | 9500 Jollyville Road | Austin | Travis | TX | 78759 | 1981 | NAP | 160 | Units | |||||||||||||
Property | 3.03 | Brandon Oaks | 800 Vista Valet | San Antonio | Bexar | TX | 78216 | 1986 | 2015 | 276 | Units | |||||||||||||
Property | 3.04 | Sugar Tree Apartments | 8050 South Padre Island Drive | Corpus Christi | Nueces | TX | 78412 | 1983 | NAP | 250 | Units | |||||||||||||
Property | 3.05 | Arlington Oaks | 1111 Honeysuckle Way | Arlington | Tarrant | TX | 76011 | 1981 | NAP | 202 | Units | |||||||||||||
Property | 3.06 | Lakeshire Place | 503 El Dorado Boulevard | Webster | Harris | TX | 77598 | 1979 | NAP | 304 | Units | |||||||||||||
Property | 3.07 | Sundance Apartments | 4615 Gardendale Street | San Antonio | Bexar | TX | 78240 | 1972 | NAP | 176 | Units | |||||||||||||
Loan | 4 | Atlanta Multifamily Portfolio (37) | 61.9% | Various | Various | Various | GA | Various | Various | 2015 | 588 | Units | ||||||||||||
Property | 4.01 | Rosemont Cityview Apartments | 1650 Barnes Mill Road | Marietta | Cobb | GA | 30062 | 1987 | 2015 | 320 | Units | |||||||||||||
Property | 4.02 | Dawson Forest Apartments | 100 Green Forest Drive | Dawsonville | Dawson | GA | 30534 | 1999 | 2015 | 268 | Units | |||||||||||||
Loan | 5 | The Drake | 62.8% | 1355 17th Street Northwest | Washington | District of Columbia | DC | 20036 | 2014 | NAP | 218 | Units | ||||||||||||
Loan | 6 | Midwest Shopping Center Portfolio (37) | 54.4% | Various | Various | Various | Various | Various | Various | Various | 889,413 | Sq. Ft. | ||||||||||||
Property | 6.01 | Home Depot Shopping Center | 4820-5132 Southeast 14th Street | Des Moines | Polk | IA | 50320 | 1991-2000 | 1999 | 260,801 | Sq. Ft. | |||||||||||||
Property | 6.02 | Calumet Center | 1699 River Oaks West Road | Calumet City | Cook | IL | 60409 | 1974 | 2005 | 159,145 | Sq. Ft. | |||||||||||||
Property | 6.03 | Waterloo Plaza | 2705 Crossroads Boulevard | Waterloo | Black Hawk | IA | 50702 | 1991 | NAP | 104,074 | Sq. Ft. | |||||||||||||
Property | 6.04 | Broadway Plaza | 2501 South Broadway Street | Edmond | Oklahoma | OK | 73013 | 1994 | NAP | 103,027 | Sq. Ft. | |||||||||||||
Property | 6.05 | Kansas Center | 4701-4707 East Bannister Road | Kansas City | Jackson | MO | 64137 | 1999 | NAP | 150,381 | Sq. Ft. | |||||||||||||
Property | 6.06 | Neil Street Shopping Center | 2101 North Neil Street | Champaign | Champaign | IL | 61820 | 1984 | 2006 | 111,985 | Sq. Ft. | |||||||||||||
Loan | 7 | Intellicenter | 65.9% | 12653 Telecom Drive | Tampa | Hillsborough | FL | 33637 | 2008 | NAP | 203,509 | Sq. Ft. | ||||||||||||
Loan | 8 | Hotel deLuxe | 55.8% | 729 Southwest 15th Avenue | Portland | Multnomah | OR | 97205 | 1912 | 2006 | 130 | Rooms | ||||||||||||
Loan | 9 | Green Valley Corporate Center | 54.7% | 2475, 2485 & 2495 Village View Drive | Henderson | Clark | NV | 89074 | 2004 | NAP | 163,052 | Sq. Ft. | ||||||||||||
Loan | 10 | Chase Park | 63.2% | 7600, 7700, 7715 & 7745 Chevy Chase Drive and 313 Anderson Lane | Austin | Travis | TX | 78752 | 1969-1975 | 2006-2015 | 288,382 | Sq. Ft. | ||||||||||||
Loan | 11 | Cookie Factory Lofts | 67.1% | 900 Terminal Place | Richmond | Richmond City | VA | 23220 | 1927 | 2014 | 178 | Units | ||||||||||||
Loan | 12 | Windrift Apartments | 64.0% | 949 Crowsnest Circle | Orlando | Orange | FL | 32825 | 1987 | 2011 | 288 | Units | ||||||||||||
Loan | 13 | Village Square at Kiln Creek | 57.0% | 5003A & 5000-5007 Victory Boulevard | Yorktown | York | VA | 23693 | 1993 | 2015 | 267,021 | Sq. Ft. | ||||||||||||
Loan | 14 | Ocala Portfolio - AHIP | 61.3% | Various | Ocala | Marion | FL | 34474 | Various | Various | 352 | Rooms | ||||||||||||
Property | 14.01 | Courtyard Ocala | 3712 Southwest 38th Avenue | Ocala | Marion | FL | 34474 | 1988 | 2012 | 169 | Rooms | |||||||||||||
Property | 14.02 | Residence Inn Ocala | 3610 Southwest 38th Avenue | Ocala | Marion | FL | 34474 | 2007 | 2014 | 87 | Rooms | |||||||||||||
Property | 14.03 | Fairfield Inn & Suites Ocala | 4101 Southwest 38th Court | Ocala | Marion | FL | 34474 | 1998 | 2011 | 96 | Rooms | |||||||||||||
Loan | 15 | Hilton Garden Inn Charlotte Airport | 52.5% | 2400 Cascade Pointe Boulevard | Charlotte | Mecklenburg | NC | 28208 | 2013 | NAP | 117 | Rooms | ||||||||||||
Loan | 16 | GSP MHP Portfolio I | 61.1% | Various | Various | Various | PA | Various | Various | NAP | 510 | Pads | ||||||||||||
Property | 16.01 | Indian Creek Village | 5545 Sherman Drive | Macungie | Lehigh | PA | 18062 | 2001 | NAP | 194 | Pads | |||||||||||||
Property | 16.02 | Cedar Manor MHP | 94 Florence Drive | Elizabethtown | Dauphin | PA | 17022 | 1970, 2004 | NAP | 316 | Pads | |||||||||||||
Loan | 17 | A&H Pacific | 55.6% | 1151 Maple Avenue & 158 Santee Street | Los Angeles | Los Angeles | CA | 90015 | 1981, 1985 | NAP | 33,202 | Sq. Ft. | ||||||||||||
Loan | 18 | WHG Extended Stay Portfolio | 64.7% | Various | Various | Various | Various | Various | Various | 2014 | 547 | Rooms | ||||||||||||
Property | 18.01 | Sun Suites Louisville | 4540 Taylorsville Road | Louisville | Jefferson | KY | 40220 | 1997 | 2014 | 141 | Rooms | |||||||||||||
Property | 18.02 | HomeTowne Suites Columbia | 350 Columbiana Drive | Columbia | Lexington | SC | 29212 | 1999 | 2014 | 88 | Rooms | |||||||||||||
Property | 18.03 | Sun Suites Alexandria | 1000 MacArthur Drive | Alexandria | Rapides | LA | 71303 | 2005 | 2014 | 113 | Rooms | |||||||||||||
Property | 18.04 | HomeTowne Suites Montgomery | 5047 Carmichael Road | Montgomery | Montgomery | AL | 36101 | 1998 | 2014 | 95 | Rooms | |||||||||||||
Property | 18.05 | Sun Suites Gainesville | 1115 Jesse Jewell Parkway Southwest | Gainesville | Hall | GA | 30501 | 2000 | 2014 | 110 | Rooms | |||||||||||||
Loan | 19 | Greater Boston Industrial Portfolio I | 65.2% | Various | Various | Various | MA | Various | Various | Various | 275,441 | Sq. Ft. | ||||||||||||
Property | 19.01 | 65 Sunnyslope Avenue | 65 Sunnyslope Avenue | Tewksbury | Middlesex | MA | 01876 | 1987 | NAP | 153,641 | Sq. Ft. | |||||||||||||
Property | 19.02 | 82 South Street | 82 South Street | Hopkinton | Middlesex | MA | 01748 | 1987 | NAP | 70,600 | Sq. Ft. | |||||||||||||
Property | 19.03 | 19 Technology Drive | 19 Technology Drive | Auburn | Worcester | MA | 01501 | 1969 | 2006 | 51,200 | Sq. Ft. | |||||||||||||
Loan | 20 | Reserve at Conway | 67.5% | 3149 Landtree Place | Orlando | Orange | FL | 32812 | 1983 | 2015 | 220 | Units | ||||||||||||
Loan | 21 | Chestnut Hill Apartments | 60.7% | 7500 Bellerive Drive | Houston | Harris | TX | 77036 | 1982 | 2014 | 460 | Units | ||||||||||||
Loan | 22 | Hilton Greenville | 39.9% | 207 Southwest Greenville Boulevard | Greenville | Pitt | NC | 27834 | 1986 | 2015 | 141 | Rooms | ||||||||||||
Loan | 23 | The Phenix at Infinity Park II | 68.0% | 1000 South Dahlia Street and 4747 East Mississippi Avenue | Glendale | Arapahoe | CO | 80246 | 1972 | 2013 | 131 | Units | ||||||||||||
Loan | 24 | Cannon West Shopping Center | 64.7% | 6800, 6816 and 6818 West Gate Boulevard | Austin | Travis | TX | 78745 | 1981, 1983, 2001 | NAP | 129,969 | Sq. Ft. | ||||||||||||
Loan | 25 | HGI Kennewick | 58.5% | 701 North Young Street | Kennewick | Benton | WA | 99336 | 2004 | 2014 | 120 | Rooms | ||||||||||||
Loan | 26 | Golf Center | 56.3% | 19 West Golf Road | Hoffman Estates | Cook | IL | 60169 | 1990 | 2005 | 165,699 | Sq. Ft. | ||||||||||||
Loan | 27 | University Center | 61.2% | 3600, 3642 & 3752 University Boulevard West | Jacksonville | Duval | FL | 32217 | 1974 | 2013-2015 | 102,885 | Sq. Ft. |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Net | ||||||||||||||||||||||||
Rentable Area | Units | |||||||||||||||||||||||
Property | LTV Ratio at | Year | Year | (SF/Units/ | of | |||||||||||||||||||
Flag | ID | Property Name | Maturity or ARD (12)(13)(15) | Address | City | County | State | Zip Code | Built | Renovated | Rooms/Pads/Spaces)(4) | Measure | ||||||||||||
Loan | 28 | The Parking Spot Portfolio | 51.6% | Various | Various | Various | Various | Various | Various | Various | 3,189 | Spaces | ||||||||||||
Property | 28.01 | The Parking Spot Columbus | 1399 Stelzer Road and 2733 & 2737 Johnstown Road | Columbus | Franklin | OH | 43219 | 1967, 1970, 1995 | 2011 | 2,139 | Spaces | |||||||||||||
Property | 28.02 | The Parking Spot Buffalo | 4099 Genesee Street | Buffalo | Erie | NY | 14225 | 1979 | NAP | 1,050 | Spaces | |||||||||||||
Loan | 29 | Hotel Preston | 56.6% | 733 Envious Lane | Nashville | Davidson | TN | 37217 | 1973 | 2007 | 196 | Rooms | ||||||||||||
Loan | 30 | Arrowhead Shopping Center | 62.0% | 20165 North 67th Avenue | Glendale | Maricopa | AZ | 85308 | 1990 | NAP | 84,592 | Sq. Ft. | ||||||||||||
Loan | 31 | Chestnut Street | 67.6% | 1510-1512 Chestnut Street | Philadelphia | Philadelphia | PA | 19102 | 1923 | 2011 | 30 | Units | ||||||||||||
Loan | 32 | Renner Commerce Center Portfolio | 65.7% | Various | Lenexa | Johnson | KS | 66219 | Various | Various | 157,240 | Sq. Ft. | ||||||||||||
Property | 32.01 | Renner Commerce Center - South | 10831 Renner Boulevard | Lenexa | Johnson | KS | 66219 | 2014 | NAP | 89,064 | Sq. Ft. | |||||||||||||
Property | 32.02 | Renner Commerce Center - North | 10801-10817 Renner Boulevard | Lenexa | Johnson | KS | 66219 | 1999 | 2014 | 68,176 | Sq. Ft. | |||||||||||||
Loan | 33 | Rockford Crossing | 59.9% | 6630-6640 East State Street and 290-298 North Mill Road | Rockford | Winnebago | IL | 61108 | 1993 | 2000, 2014-2015 | 118,650 | Sq. Ft. | ||||||||||||
Loan | 34 | Shops at Randall Road | 66.0% | 364 Randall Road | South Elgin | Kane | IL | 60177 | 2001 | NAP | 78,213 | Sq. Ft. | ||||||||||||
Loan | 35 | Fort Myers Self Storage Portfolio | 64.0% | Various | Fort Myers | Lee | FL | Various | Various | NAP | 130,572 | Sq. Ft. | ||||||||||||
Property | 35.01 | Estero Self Storage | 19580 South Tamiami Trail | Fort Myers | Lee | FL | 33908 | 2000, 2003, 2006 | NAP | 62,070 | Sq. Ft. | |||||||||||||
Property | 35.02 | Valuguard Self Storage | 13750 Plantation Road | Fort Myers | Lee | FL | 33912 | 2001, 2002 | NAP | 68,502 | Sq. Ft. | |||||||||||||
Loan | 36 | Lancaster Towers | 54.4% | 1 Pleasant Avenue West | Lancaster | Erie | NY | 14086 | 1974 | NAP | 155 | Units | ||||||||||||
Loan | 37 | Brookhaven MHP | 59.0% | 332 Gosling Drive | York | York | PA | 17406 | 1970 | NAP | 171 | Pads | ||||||||||||
Loan | 38 | Park Villas Townhomes | 63.0% | 4974 South 76th East Avenue | Tulsa | Tulsa | OK | 74145 | 1970 | NAP | 259 | Units | ||||||||||||
Loan | 39 | Evergreen Square | 63.0% | 801 West Lake Avenue | Peoria | Peoria | IL | 61614 | 1984 | NAP | 110,726 | Sq. Ft. | ||||||||||||
Loan | 40 | Rio Verde & Sagewood Apartments Portfolio | 63.3% | Various | Cottonwood | Yavapai | AZ | 86326 | Various | Various | 160 | Units | ||||||||||||
Property | 40.01 | Sagewood Apartments | 330 North 10th Street | Cottonwood | Yavapai | AZ | 86326 | 1999 | NAP | 80 | Units | |||||||||||||
Property | 40.02 | Rio Verde Apartments | 355 South 12th Street | Cottonwood | Yavapai | AZ | 86326 | 1996 | 2014 | 80 | Units | |||||||||||||
Loan | 41 | CSRA Food Lion Portfolio II (37) | 59.1% | Various | Various | Various | NC | Various | Various | Various | 106,943 | Sq. Ft. | ||||||||||||
Property | 41.01 | Kimberly Park | 1005 Monroe Street | Carthage | Moore | NC | 28327 | 2000 | NAP | 47,900 | Sq. Ft. | |||||||||||||
Property | 41.02 | Eden Center | 824 South Van Buren Road | Eden | Rockingham | NC | 27288 | 1990 | 2015 | 59,043 | Sq. Ft. | |||||||||||||
Loan | 42 | La Galleria at the Mills | 51.5% | 4323 Mills Circle | Ontario | San Bernardino | CA | 91764 | 2005 | NAP | 20,470 | Sq. Ft. | ||||||||||||
Loan | 43 | Clive Distribution Center | 61.6% | 10400-10440 Hickman Road | Clive | Polk | IA | 50325 | 1980 | NAP | 260,000 | Sq. Ft. | ||||||||||||
Loan | 44 | Days Inn | 45.0% | 961 North Highway 89 | Page | Coconino | AZ | 86040 | 1998 | 2010, 2014 | 81 | Rooms | ||||||||||||
Loan | 45 | Dollar Self Storage - Tucson | 50.2% | 2443 & 2505 North Dragoon Street | Tucson | Pima | AZ | 85745 | 1996, 2005 | NAP | 85,760 | Sq. Ft. | ||||||||||||
Loan | 46 | The Meadows Apartments | 59.4% | 5066 Meadow Boulevard | Kalamazoo | Kalamazoo | MI | 49048 | 1996 | NAP | 128 | Units | ||||||||||||
Loan | 47 | Witte Oaks Apartments | 54.9% | 1655 Witte Road | Houston | Harris | TX | 77080 | 1964 | 2015 | 122 | Units | ||||||||||||
Loan | 48 | Chambers Place | 59.0% | 4840-4860 and 4878-4896 Chambers Road | Denver | Denver | CO | 80239 | 1984 | NAP | 37,891 | Sq. Ft. | ||||||||||||
Loan | 49 | Sonora Cascade MHC | 58.9% | 18330 Wards Ferry Road | Sonora | Tuolumne | CA | 95370 | 1970 | NAP | 113 | Pads | ||||||||||||
Loan | 50 | Walgreens Aurora, IN | 46.6% | 512 Green Boulevard | Aurora | Dearborn | IN | 47001 | 2006 | NAP | 14,820 | Sq. Ft. | ||||||||||||
Loan | 51 | Empire Central | 62.2% | 7000 Empire Central Drive | Houston | Harris | TX | 77040 | 1982 | NAP | 94,781 | Sq. Ft. | ||||||||||||
Loan | 52 | Grove Park Shopping Center | 55.9% | 1324-1360 & 1370 Chestnut Street | Orangeburg | Orangeburg | SC | 29115 | 1987, 1990 | 2014 | 106,557 | Sq. Ft. | ||||||||||||
Loan | 53 | Camelot Medical Office & Dunkin’ Donuts | 61.8% | 123-125 Conhocton Street & 315 East Denison Parkway | Corning | Steuben | NY | 14830 | 1985, 2003 | 2000 | 21,251 | Sq. Ft. | ||||||||||||
Loan | 54 | Parkway Plaza Shopping Center | 57.9% | 303-363 Venture Drive | Brunswick | Glynn | GA | 31525 | 2002 | NAP | 52,365 | Sq. Ft. | ||||||||||||
Loan | 55 | Midvale Park Self Storage | 56.0% | 6565 South Headley Road | Tucson | Pima | AZ | 85746 | 1996 | NAP | 57,608 | Sq. Ft. | ||||||||||||
Loan | 56 | Fresenius Medical Care Lake City | 56.0% | 179 Southwest Prosperity Place | Lake City | Columbia | FL | 32024 | 2015 | NAP | 10,377 | Sq. Ft. | ||||||||||||
Loan | 57 | Bonita Springs Self Storage (38) | 61.1% | 24381 South Tamiami Trail | Bonita Springs | Lee | FL | 34134 | 1998 | NAP | 43,360 | Sq. Ft. | ||||||||||||
Loan | 58 | Fresenius Medical Care Greece | 54.7% | 1570 Long Pond Road | Greece | Monroe | NY | 14626 | 2015 | NAP | 9,352 | Sq. Ft. | ||||||||||||
Loan | 59 | Storage Pros Lansing | 63.0% | 4724 South Creyts Road | Lansing | Eaton | MI | 48917 | 1988 | NAP | 67,525 | Sq. Ft. | ||||||||||||
Loan | 60 | 4001 North Lincoln | 60.1% | 4001-4037 North Lincoln Avenue | Chicago | Cook | IL | 60618 | 2002 | NAP | 9,896 | Sq. Ft. | ||||||||||||
Loan | 61 | Terrace Oak Apartments | 62.5% | 500 Smith Avenue | Lake Bluff | Lake Bluff | IL | 60044 | 1966 | 2014 | 48 | Units | ||||||||||||
Loan | 62 | Rhett at Remount | 60.3% | 1213 Remount Road | North Charleston | Charleston | SC | 29406 | 1983 | 1994, 2005, 2013 | 42,628 | Sq. Ft. | ||||||||||||
Loan | 63 | Winchester Oaks Apartments | 53.0% | 2902 Tuppence Drive | Columbus | Franklin | OH | 43232 | 1979, 1981 | 2011 | 78 | Units | ||||||||||||
Loan | 64 | All Star Storage | 48.1% | 896 North Westridge Drive | Saint George | Washington | UT | 84770 | 1992, 1999 | NAP | 46,014 | Sq. Ft. | ||||||||||||
Loan | 65 | Midvale Park RV Storage | 40.4% | 6569 South Headley Road | Tucson | Pima | AZ | 85746 | 2001 | NAP | 55,236 | Sq. Ft. |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan per Net | ||||||||||||||||||||||||
Rentable Area | Second Most | Second | Second | Second | ||||||||||||||||||||
Property | (SF/Units/Rooms/ | Prepayment Provisions | Most Recent Operating | Most Recent | Most Recent | Most Recent | Recent Operating | Most Recent | Most Recent | Most Recent | ||||||||||||||
Flag | ID | Property Name | Pads/Spaces) ($)(12)(13) | (# of payments) (16)(17)(18) | Statements Date | EGI ($) | Expenses($) | NOI($)(19) | Statements Date | EGI($) | Expenses($) | NOI($)(19) | ||||||||||||
Loan | 1 | 11 Madison Avenue (35)(36)(37) | 334 | L(25), D(88), O(7) | T-12 5/31/2015 | 70,265,498 | 23,876,107 | 46,389,392 | 12/31/2014 | 69,880,799 | 23,175,050 | 46,705,749 | ||||||||||||
Loan | 2 | NMS Los Angeles Multifamily Portfolio (35) | 312,500 | L(25), D(92), O(3) | T-12 6/30/2015 | 10,320,673 | 2,948,022 | 7,372,651 | 12/31/2014 | 9,892,397 | 2,879,423 | 7,012,973 | ||||||||||||
Property | 2.01 | Luxe at 1548 | 503,704 | T-12 6/30/2015 | 2,135,295 | 669,126 | 1,466,169 | 12/31/2014 | 1,967,666 | 621,427 | 1,346,239 | |||||||||||||
Property | 2.02 | Luxe at 1539 | 424,194 | T-12 6/30/2015 | 2,172,533 | 603,926 | 1,568,607 | 12/31/2014 | 2,078,139 | 579,194 | 1,498,945 | |||||||||||||
Property | 2.03 | Luxe at 1759 | 385,246 | T-12 6/30/2015 | 1,902,091 | 491,224 | 1,410,867 | 12/31/2014 | 1,832,189 | 478,574 | 1,353,615 | |||||||||||||
Property | 2.04 | NMS at Northridge | 210,784 | T-12 6/30/2015 | 1,985,767 | 446,203 | 1,539,564 | 12/31/2014 | 1,917,154 | 466,678 | 1,450,475 | |||||||||||||
Property | 2.05 | NMS at Warner Center | 193,671 | T-12 6/30/2015 | 1,518,404 | 558,900 | 959,504 | 12/31/2014 | 1,510,708 | 552,010 | 958,698 | |||||||||||||
Property | 2.06 | NMS at Superior | 238,462 | T-12 6/30/2015 | 606,583 | 178,643 | 427,940 | 12/31/2014 | 586,541 | 181,540 | 405,001 | |||||||||||||
Loan | 3 | Sandalwood Portfolio | 38,268 | L(25), D(90), O(5) | T-12 6/30/2015 | 14,456,214 | 8,439,113 | 6,017,102 | 12/31/2014 | 14,316,451 | 7,867,475 | 6,448,976 | ||||||||||||
Property | 3.01 | Oaks of Northgate | 38,172 | T-12 6/30/2015 | 2,124,235 | 1,236,767 | 887,468 | 12/31/2014 | 2,173,410 | 1,316,706 | 856,704 | |||||||||||||
Property | 3.02 | Cimarron Crossing | 65,222 | T-12 6/30/2015 | 1,745,424 | 841,062 | 904,361 | 12/31/2014 | 1,690,648 | 846,139 | 844,509 | |||||||||||||
Property | 3.03 | Brandon Oaks | 36,905 | T-12 6/30/2015 | 2,449,646 | 1,550,557 | 899,089 | 12/31/2014 | 2,465,669 | 1,398,242 | 1,067,427 | |||||||||||||
Property | 3.04 | Sugar Tree Apartments | 37,748 | T-12 6/30/2015 | 2,417,107 | 1,498,627 | 918,480 | 12/31/2014 | 2,446,117 | 1,308,544 | 1,137,573 | |||||||||||||
Property | 3.05 | Arlington Oaks | 42,021 | T-12 6/30/2015 | 1,718,190 | 967,041 | 751,150 | 12/31/2014 | 1,676,833 | 923,684 | 753,149 | |||||||||||||
Property | 3.06 | Lakeshire Place | 27,100 | T-12 6/30/2015 | 2,552,318 | 1,454,089 | 1,098,229 | 12/31/2014 | 2,459,430 | 1,242,886 | 1,216,544 | |||||||||||||
Property | 3.07 | Sundance Apartments | 31,774 | T-12 6/30/2015 | 1,449,293 | 890,969 | 558,325 | 12/31/2014 | 1,404,344 | 831,274 | 573,070 | |||||||||||||
Loan | 4 | Atlanta Multifamily Portfolio (37) | 76,531 | L(25), D(31), O(4) | T-12 6/30/2015 | 6,048,756 | 2,413,321 | 3,635,435 | 12/31/2014 | 5,825,610 | 2,399,227 | 3,426,383 | ||||||||||||
Property | 4.01 | Rosemont Cityview Apartments | 71,875 | T-12 6/30/2015 | 3,091,830 | 1,249,070 | 1,842,761 | 12/31/2014 | 2,975,265 | 1,246,495 | 1,728,770 | |||||||||||||
Property | 4.02 | Dawson Forest Apartments | 82,090 | T-12 6/30/2015 | 2,956,925 | 1,164,251 | 1,792,674 | 12/31/2014 | 2,850,345 | 1,152,732 | 1,697,613 | |||||||||||||
Loan | 5 | The Drake | 201,835 | L(25), YM1(91), O(4) | ||||||||||||||||||||
Loan | 6 | Midwest Shopping Center Portfolio (37) | 43 | L(27), D(89), O(4) | T-9 7/31/2015 Ann. | 7,678,973 | 3,514,924 | 4,164,051 | 12/31/2014 | 7,599,429 | 3,354,015 | 4,245,414 | ||||||||||||
Property | 6.01 | Home Depot Shopping Center | 42 | T-9 7/31/2015 Ann. | 1,757,257 | 733,581 | 1,023,676 | 12/31/2014 | 1,822,737 | 710,391 | 1,112,346 | |||||||||||||
Property | 6.02 | Calumet Center | 42 | T-9 7/31/2015 Ann. | 3,074,664 | 1,978,209 | 1,096,455 | 12/31/2014 | 2,951,869 | 1,836,614 | 1,115,254 | |||||||||||||
Property | 6.03 | Waterloo Plaza | 62 | T-9 7/31/2015 Ann. | 1,074,305 | 349,044 | 725,261 | 12/31/2014 | 939,188 | 345,770 | 593,418 | |||||||||||||
Property | 6.04 | Broadway Plaza | 56 | T-9 7/31/2015 Ann. | 651,925 | 91,243 | 560,683 | 12/31/2014 | 663,472 | 99,091 | 564,381 | |||||||||||||
Property | 6.05 | Kansas Center | 30 | T-9 7/31/2015 Ann. | 583,173 | 207,684 | 375,489 | 12/31/2014 | 678,885 | 200,423 | 478,462 | |||||||||||||
Property | 6.06 | Neil Street Shopping Center | 34 | T-9 7/31/2015 Ann. | 537,649 | 155,163 | 382,487 | 12/31/2014 | 543,278 | 161,726 | 381,553 | |||||||||||||
Loan | 7 | Intellicenter | 165 | L(25), YM1(92), O(3) | T-12 6/30/2015 | 4,387,406 | 1,511,286 | 2,876,120 | 12/31/2014 | 3,840,966 | 1,500,125 | 2,340,841 | ||||||||||||
Loan | 8 | Hotel deLuxe | 249,383 | L(26), D(89), O(5) | T-12 6/30/2015 | 11,276,723 | 7,116,911 | 4,159,812 | 12/31/2014 | 10,392,584 | 6,780,756 | 3,611,828 | ||||||||||||
Loan | 9 | Green Valley Corporate Center | 166 | L(26), D(90), O(4) | T-12 5/31/2015 | 4,166,068 | 754,456 | 3,411,612 | 12/31/2014 | 4,194,304 | 770,686 | 3,423,618 | ||||||||||||
Loan | 10 | Chase Park | 92 | L(25), D(91), O(4) | T-12 3/31/2015 | 4,705,786 | 2,266,517 | 2,439,268 | 12/31/2014 | 4,515,925 | 2,270,587 | 2,245,338 | ||||||||||||
Loan | 11 | Cookie Factory Lofts | 129,213 | L(24), D(92), O(4) | T-3 7/31/2015 Ann. | 1,911,063 | 754,307 | 1,156,756 | ||||||||||||||||
Loan | 12 | Windrift Apartments | 74,479 | L(25), D(91), O(4) | T-12 6/30/2015 | 2,926,427 | 1,185,180 | 1,741,247 | 12/31/2014 | 2,825,688 | 1,098,132 | 1,727,556 | ||||||||||||
Loan | 13 | Village Square at Kiln Creek | 76 | L(25), D(91), O(4) | T-12 6/30/2015 | 2,516,829 | 529,361 | 1,987,468 | 12/31/2014 | 2,523,327 | 508,242 | 2,015,085 | ||||||||||||
Loan | 14 | Ocala Portfolio - AHIP | 53,977 | L(26), D(90), O(4) | T-12 4/30/2015 | 8,647,140 | 5,289,000 | 3,358,140 | 12/31/2014 | 8,114,280 | 5,148,000 | 2,966,280 | ||||||||||||
Property | 14.01 | Courtyard Ocala | 47,146 | T-12 4/30/2015 | 4,083,000 | 2,528,000 | 1,555,000 | 12/31/2014 | 3,813,000 | 2,446,000 | 1,367,000 | |||||||||||||
Property | 14.02 | Residence Inn Ocala | 77,494 | T-12 4/30/2015 | 2,581,000 | 1,499,000 | 1,082,000 | 12/31/2014 | 2,438,000 | 1,475,000 | 963,000 | |||||||||||||
Property | 14.03 | Fairfield Inn & Suites Ocala | 44,691 | T-12 4/30/2015 | 1,983,140 | 1,262,000 | 721,140 | 12/31/2014 | 1,863,280 | 1,227,000 | 636,280 | |||||||||||||
Loan | 15 | Hilton Garden Inn Charlotte Airport | 157,913 | L(25), D(91), O(4) | T-12 8/31/2015 | 5,611,210 | 3,215,096 | 2,396,114 | 12/31/2014 | 4,717,721 | 2,990,916 | 1,726,805 | ||||||||||||
Loan | 16 | GSP MHP Portfolio I | 35,152 | L(25), D(92), O(3) | T-12 6/30/2015 | 2,230,934 | 752,073 | 1,478,861 | 12/31/2014 | 2,138,694 | 891,230 | 1,247,462 | ||||||||||||
Property | 16.01 | Indian Creek Village | 46,693 | T-12 6/30/2015 | 1,118,674 | 259,362 | 859,311 | 12/31/2014 | 1,059,277 | 275,780 | 783,496 | |||||||||||||
Property | 16.02 | Cedar Manor MHP | 28,066 | T-12 6/30/2015 | 1,112,260 | 492,711 | 619,549 | 12/31/2014 | 1,079,416 | 615,450 | 463,965 | |||||||||||||
Loan | 17 | A&H Pacific | 530 | L(25), D(91), O(4) | T-12 6/30/2015 | 2,175,711 | 282,647 | 1,893,064 | 12/31/2014 | 2,206,646 | 305,689 | 1,900,957 | ||||||||||||
Loan | 18 | WHG Extended Stay Portfolio | 28,336 | L(24), D(32), O(4) | T-12 6/30/2015 | 5,860,679 | 3,750,502 | 2,110,177 | 12/31/2014 | 5,475,180 | 3,715,216 | 1,759,964 | ||||||||||||
Property | 18.01 | Sun Suites Louisville | 28,901 | |||||||||||||||||||||
Property | 18.02 | HomeTowne Suites Columbia | 38,636 | |||||||||||||||||||||
Property | 18.03 | Sun Suites Alexandria | 26,549 | |||||||||||||||||||||
Property | 18.04 | HomeTowne Suites Montgomery | 26,842 | |||||||||||||||||||||
Property | 18.05 | Sun Suites Gainesville | 22,500 | |||||||||||||||||||||
Loan | 19 | Greater Boston Industrial Portfolio I | 56 | L(25), D(90), O(5) | T-12 5/31/2015 | 2,135,761 | 605,371 | 1,530,390 | 12/31/2014 | 2,108,958 | 605,619 | 1,503,339 | ||||||||||||
Property | 19.01 | 65 Sunnyslope Avenue | 55 | T-12 5/31/2015 | 1,116,716 | 284,462 | 832,254 | 12/31/2014 | 1,095,445 | 273,081 | 822,363 | |||||||||||||
Property | 19.02 | 82 South Street | 62 | T-12 5/31/2015 | 622,122 | 166,210 | 455,912 | 12/31/2014 | 627,922 | 174,906 | 453,017 | |||||||||||||
Property | 19.03 | 19 Technology Drive | 53 | T-12 5/31/2015 | 396,923 | 154,699 | 242,224 | 12/31/2014 | 385,591 | 157,632 | 227,959 | |||||||||||||
Loan | 20 | Reserve at Conway | 67,273 | L(25), D(91), O(4) | T-12 5/31/2015 | 2,256,770 | 1,109,340 | 1,147,430 | 12/31/2014 | 2,172,063 | 1,089,503 | 1,082,560 | ||||||||||||
Loan | 21 | Chestnut Hill Apartments | 31,522 | L(24), D(93), O(3) | T-12 7/31/2015 | 3,153,497 | 1,420,399 | 1,733,098 | T-12 3/31/2014 | 2,849,959 | 2,091,125 | 758,834 | ||||||||||||
Loan | 22 | Hilton Greenville | 101,278 | L(25), D(92), O(3) | T-12 6/30/2015 | 8,533,124 | 5,656,683 | 2,876,440 | 12/31/2014 | 8,009,157 | 5,388,645 | 2,620,513 | ||||||||||||
Loan | 23 | The Phenix at Infinity Park II | 108,779 | L(26), D(30), O(4) | T-3 6/30/2015 Ann. | 1,788,782 | 672,652 | 1,116,130 | T-12 6/30/2015 | 1,163,198 | 522,313 | 640,884 | ||||||||||||
Loan | 24 | Cannon West Shopping Center | 100 | L(25), D(91), O(4) | T-12 6/30/2015 | 1,858,635 | 275,609 | 1,583,026 | 12/31/2014 | 1,673,254 | 509,899 | 1,163,355 | ||||||||||||
Loan | 25 | HGI Kennewick | 105,655 | L(25), D(90), O(5) | T-12 6/30/2015 | 4,150,300 | 2,624,231 | 1,526,069 | 12/31/2014 | 4,115,996 | 2,573,759 | 1,542,237 | ||||||||||||
Loan | 26 | Golf Center | 67 | L(26), D(89), O(5) | T-12 4/30/2015 | 2,239,009 | 1,343,251 | 895,759 | 12/31/2014 | 2,352,350 | 1,303,781 | 1,048,569 | ||||||||||||
Loan | 27 | University Center | 107 | L(25), YM1(92), O(3) | 12/31/2014 | 859,111 | 324,650 | 534,461 | 12/31/2013 | 493,124 | 286,964 | 206,160 |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan per Net | ||||||||||||||||||||||||
Rentable Area | Second Most | Second | Second | Second | ||||||||||||||||||||
Property | (SF/Units/Rooms/ | Prepayment Provisions | Most Recent Operating | Most Recent | Most Recent | Most Recent | Recent Operating | Most Recent | Most Recent | Most Recent | ||||||||||||||
Flag | ID | Property Name | Pads/Spaces) ($)(12)(13) | (# of payments) (16)(17)(18) | Statements Date | EGI ($) | Expenses($) | NOI($)(19) | Statements Date | EGI($) | Expenses($) | NOI($)(19) | ||||||||||||
Loan | 28 | The Parking Spot Portfolio | 3,401 | L(25), D(92), O(3) | T-12 6/30/2015 | 4,879,397 | 3,089,567 | 1,789,830 | 12/31/2014 | 4,743,618 | 3,218,816 | 1,524,802 | ||||||||||||
Property | 28.01 | The Parking Spot Columbus | 2,912 | T-12 6/30/2015 | 2,658,368 | 1,705,624 | 952,744 | 12/31/2014 | 2,553,619 | 1,762,039 | 791,580 | |||||||||||||
Property | 28.02 | The Parking Spot Buffalo | 4,397 | T-12 6/30/2015 | 2,221,029 | 1,383,943 | 837,086 | 12/31/2014 | 2,189,999 | 1,456,777 | 733,222 | |||||||||||||
Loan | 29 | Hotel Preston | 52,167 | L(26), D(89), O(5) | T-12 6/30/2015 | 6,810,763 | 5,178,882 | 1,631,881 | 12/31/2014 | 6,382,595 | 4,795,163 | 1,587,432 | ||||||||||||
Loan | 30 | Arrowhead Shopping Center | 121 | L(26), D(90), O(4) | T-12 5/31/2015 | 1,225,328 | 271,700 | 953,628 | 12/31/2014 | 1,201,794 | 347,280 | 854,514 | ||||||||||||
Loan | 31 | Chestnut Street | 333,333 | L(24), D(92), O(4) | 12/31/2014 | 943,144 | 160,453 | 782,691 | 12/31/2013 | 909,190 | 166,275 | 742,915 | ||||||||||||
Loan | 32 | Renner Commerce Center Portfolio | 63 | L(25), D(91), O(4) | T-12 6/30/2015 | 1,386,125 | 396,728 | 989,397 | 12/31/2014 | 1,157,519 | 348,146 | 809,373 | ||||||||||||
Property | 32.01 | Renner Commerce Center - South | 61 | T-12 6/30/2015 | 690,106 | 130,307 | 559,799 | 12/31/2014 | 554,467 | 101,111 | 453,356 | |||||||||||||
Property | 32.02 | Renner Commerce Center - North | 64 | T-12 6/30/2015 | 696,019 | 266,421 | 429,598 | 12/31/2014 | 603,052 | 247,035 | 356,017 | |||||||||||||
Loan | 33 | Rockford Crossing | 80 | L(25), YM1(92), O(3) | T-12 3/31/2015 | 579,235 | 565,945 | 13,290 | 12/31/2014 | 586,743 | 616,667 | -29,924 | ||||||||||||
Loan | 34 | Shops at Randall Road | 115 | L(25), D(91), O(4) | T-6 6/30/2015 Ann. | 1,297,453 | 479,724 | 817,729 | 12/31/2014 | 1,223,696 | 453,328 | 770,369 | ||||||||||||
Loan | 35 | Fort Myers Self Storage Portfolio | 66 | L(25), D(90), O(5) | T-12 7/31/2015 | 1,130,956 | 302,035 | 828,923 | 12/31/2014 | 1,068,400 | 357,272 | 711,128 | ||||||||||||
Property | 35.01 | Estero Self Storage | 79 | T-12 7/31/2015 | 642,429 | 121,136 | 521,294 | 12/31/2014 | 608,497 | 166,301 | 442,196 | |||||||||||||
Property | 35.02 | Valuguard Self Storage | 54 | T-12 5/30/2015 | 488,527 | 180,899 | 307,629 | 12/31/2014 | 459,903 | 190,971 | 268,932 | |||||||||||||
Loan | 36 | Lancaster Towers | 51,613 | L(24), D(93), O(3) | T-10 7/31/2015 Ann. | 1,512,654 | 744,373 | 768,281 | 12/31/2014 | 1,484,813 | 636,637 | 848,176 | ||||||||||||
Loan | 37 | Brookhaven MHP | 46,228 | L(25), D(92), O(3) | T-12 6/30/2015 | 954,270 | 311,185 | 643,085 | 12/31/2014 | 957,605 | 321,946 | 635,659 | ||||||||||||
Loan | 38 | Park Villas Townhomes | 27,732 | L(26), D(91), O(3) | T-12 5/31/2015 | 1,863,657 | 1,217,483 | 646,174 | 12/31/2014 | 1,866,640 | 1,236,709 | 629,931 | ||||||||||||
Loan | 39 | Evergreen Square | 65 | L(25), D(90), O(5) | T-12 5/31/2015 | 1,184,671 | 359,209 | 825,461 | 12/31/2014 | 1,139,193 | 347,583 | 791,610 | ||||||||||||
Loan | 40 | Rio Verde & Sagewood Apartments Portfolio | 40,744 | L(25), D(92), O(3) | T-12 6/30/2015 | 1,267,988 | 537,381 | 730,607 | 12/31/2014 | 1,211,457 | 540,574 | 670,883 | ||||||||||||
Property | 40.01 | Sagewood Apartments | 40,863 | T-12 6/30/2015 | 633,401 | 264,168 | 369,233 | 12/31/2014 | 615,930 | 261,772 | 354,158 | |||||||||||||
Property | 40.02 | Rio Verde Apartments | 40,625 | T-12 6/30/2015 | 634,587 | 273,213 | 361,374 | 12/31/2014 | 595,527 | 278,802 | 316,725 | |||||||||||||
Loan | 41 | CSRA Food Lion Portfolio II (37) | 61 | L(25), D(92), O(3) | 12/31/2014 | 815,893 | 238,769 | 577,124 | 12/31/2013 | 809,850 | 238,242 | 571,608 | ||||||||||||
Property | 41.01 | Kimberly Park | 70 | 12/31/2014 | 485,489 | 129,894 | 355,595 | 12/31/2013 | 477,188 | 127,811 | 349,377 | |||||||||||||
Property | 41.02 | Eden Center | 53 | 12/31/2014 | 330,404 | 108,875 | 221,529 | 12/31/2013 | 332,662 | 110,431 | 222,231 | |||||||||||||
Loan | 42 | La Galleria at the Mills | 300 | L(25), D(92), O(3) | T-7 7/31/2015 Ann. | 684,465 | 138,723 | 545,742 | 12/31/2014 | 685,719 | 153,897 | 531,822 | ||||||||||||
Loan | 43 | Clive Distribution Center | 23 | L(25), D(90), O(5) | T-12 3/31/2015 | 1,171,302 | 347,822 | 823,480 | 12/31/2014 | 1,196,858 | 396,668 | 800,190 | ||||||||||||
Loan | 44 | Days Inn | 74,074 | L(24), D(92), O(4) | T-12 7/31/2015 | 2,790,645 | 1,710,738 | 1,079,907 | 12/31/2014 | 2,770,000 | 1,635,279 | 1,134,721 | ||||||||||||
Loan | 45 | Dollar Self Storage - Tucson | 68 | L(25), D(92), O(3) | T-12 5/31/2015 | 1,021,038 | 399,089 | 621,949 | 12/31/2014 | 1,018,191 | 396,157 | 622,034 | ||||||||||||
Loan | 46 | The Meadows Apartments | 40,625 | L(26), D(91), O(3) | T-12 6/30/2015 | 1,060,391 | 454,706 | 605,684 | 12/31/2014 | 1,021,649 | 452,820 | 568,830 | ||||||||||||
Loan | 47 | Witte Oaks Apartments | 41,850 | L(25), D(90), O(5) | T-12 6/30/2015 | 1,176,790 | 576,367 | 600,423 | 12/31/2014 | 1,058,127 | 540,800 | 517,327 | ||||||||||||
Loan | 48 | Chambers Place | 132 | L(26), D(90), O(4) | T-12 6/30/2015 | 857,802 | 256,711 | 601,091 | 12/31/2014 | 807,286 | 254,725 | 552,561 | ||||||||||||
Loan | 49 | Sonora Cascade MHC | 37,559 | L(25), D(90), O(5) | T-12 6/30/2015 | 570,944 | 214,615 | 356,329 | 12/31/2014 | 581,710 | 226,596 | 355,114 | ||||||||||||
Loan | 50 | Walgreens Aurora, IN | 286 | L(25), D(92), O(3) | ||||||||||||||||||||
Loan | 51 | Empire Central | 42 | L(36), YM1(79), O(5) | T-12 5/31/2015 | 724,347 | 316,287 | 408,060 | 12/31/2014 | 685,454 | 260,388 | 425,066 | ||||||||||||
Loan | 52 | Grove Park Shopping Center | 36 | L(24), D(93), O(3) | T-12 5/31/2015 | 783,782 | 242,454 | 541,329 | 12/31/2014 | 778,589 | 236,545 | 542,044 | ||||||||||||
Loan | 53 | Camelot Medical Office & Dunkin’ Donuts | 178 | L(24), D(93), O(3) | T-12 6/30/2015 | 512,510 | 186,550 | 325,960 | 12/31/2014 | 523,312 | 185,450 | 337,862 | ||||||||||||
Loan | 54 | Parkway Plaza Shopping Center | 67 | L(24), D(93), O(3) | T-12 5/31/2015 | 588,003 | 153,530 | 434,473 | 12/31/2014 | 632,939 | 161,253 | 471,687 | ||||||||||||
Loan | 55 | Midvale Park Self Storage | 61 | L(25), D(92), O(3) | T-12 6/30/2015 | 570,491 | 216,317 | 354,174 | 12/31/2014 | 565,459 | 204,284 | 361,175 | ||||||||||||
Loan | 56 | Fresenius Medical Care Lake City | 335 | L(25), D(92), O(3) | ||||||||||||||||||||
Loan | 57 | Bonita Springs Self Storage (38) | 74 | L(24), D(92), O(4) | T-3 6/30/2015 Ann. | 533,403 | 218,205 | 315,198 | 12/31/2014 | 467,900 | 197,259 | 270,641 | ||||||||||||
Loan | 58 | Fresenius Medical Care Greece | 338 | L(26), D(91), O(3) | ||||||||||||||||||||
Loan | 59 | Storage Pros Lansing | 45 | L(27), D(90), O(3) | T-12 3/31/2015 | 472,213 | 160,532 | 311,681 | 12/31/2014 | 466,010 | 159,101 | 306,909 | ||||||||||||
Loan | 60 | 4001 North Lincoln | 268 | L(24), D(92), O(4) | T-6 7/31/2015 Ann. | 327,142 | 99,649 | 227,493 | 12/31/2014 | 241,110 | 107,492 | 133,618 | ||||||||||||
Loan | 61 | Terrace Oak Apartments | 52,734 | L(24), YM2(92), O(4) | T-12 6/30/2015 | 500,072 | 248,150 | 251,922 | 12/31/2014 | 493,449 | 256,123 | 237,326 | ||||||||||||
Loan | 62 | Rhett at Remount | 59 | L(25), YM1(92), O(3) | T-12 6/30/2015 | 418,582 | 116,954 | 301,628 | 12/31/2014 | 407,902 | 117,012 | 290,890 | ||||||||||||
Loan | 63 | Winchester Oaks Apartments | 21,667 | L(24), D(93), O(3) | T-12 7/31/2015 | 499,468 | 265,157 | 234,312 | 12/31/2014 | 494,952 | 253,842 | 241,110 | ||||||||||||
Loan | 64 | All Star Storage | 30 | L(24), D(93), O(3) | T-12 7/31/2015 | 263,893 | 49,004 | 214,889 | 12/31/2014 | 243,000 | 46,013 | 196,987 | ||||||||||||
Loan | 65 | Midvale Park RV Storage | 17 | L(25), D(92), O(3) | T-12 6/30/2015 | 245,746 | 101,562 | 144,184 | 12/31/2014 | 254,914 | 96,586 | 158,328 |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Third Most | Third | Third | Third | |||||||||||||||||||||||||
Property | Recent Operating | Most Recent | Most Recent | Most Recent | Underwritten NOI | Underwritten NCF | Underwritten | Underwritten | Underwritten | Underwritten | Underwritten | Underwritten | ||||||||||||||||
Flag | ID | Property Name | Statements Date | EGI($) | Expenses($) | NOI($) | Debt Yield (12)(13) | Debt Yield (12)(13) | Revenue($) | EGI($) | Expenses($) | NOI ($) | Reserves($) | TI/LC($) | ||||||||||||||
Loan | 1 | 11 Madison Avenue (35)(36)(37) | 12/31/2013 | 69,947,780 | 22,896,733 | 47,051,047 | 14.3% | 14.1% | 154,647,005 | 163,039,756 | 53,546,158 | 109,493,598 | 457,009 | 1,605,307 | ||||||||||||||
Loan | 2 | NMS Los Angeles Multifamily Portfolio (35) | 12/31/2013 | 8,993,591 | 2,958,570 | 6,035,021 | 6.7% | 6.6% | 11,281,164 | 10,840,983 | 2,859,551 | 7,981,432 | 96,000 | |||||||||||||||
Property | 2.01 | Luxe at 1548 | 12/31/2013 | 1,756,371 | 666,283 | 1,090,089 | 2,356,452 | 2,295,351 | 664,861 | 1,630,490 | 13,500 | |||||||||||||||||
Property | 2.02 | Luxe at 1539 | 12/31/2013 | 1,804,980 | 562,268 | 1,242,712 | 2,288,160 | 2,302,133 | 600,505 | 1,701,628 | 15,500 | |||||||||||||||||
Property | 2.03 | Luxe at 1759 | 12/31/2013 | 1,645,535 | 458,693 | 1,186,842 | 2,069,748 | 1,918,375 | 463,747 | 1,454,628 | 15,250 | |||||||||||||||||
Property | 2.04 | NMS at Northridge | 12/31/2013 | 1,811,387 | 500,842 | 1,310,544 | 2,166,168 | 2,117,713 | 459,280 | 1,658,433 | 25,500 | |||||||||||||||||
Property | 2.05 | NMS at Warner Center | 12/31/2013 | 1,395,433 | 582,091 | 813,342 | 1,711,020 | 1,576,256 | 493,471 | 1,082,785 | 19,750 | |||||||||||||||||
Property | 2.06 | NMS at Superior | 12/31/2013 | 579,885 | 188,393 | 391,492 | 689,616 | 631,155 | 177,687 | 453,468 | 6,500 | |||||||||||||||||
Loan | 3 | Sandalwood Portfolio | 12/31/2013 | 14,233,709 | 7,826,781 | 6,406,928 | 10.2% | 9.4% | 14,809,372 | 14,730,922 | 8,309,785 | 6,421,137 | 493,200 | |||||||||||||||
Property | 3.01 | Oaks of Northgate | 12/31/2013 | 2,317,118 | 1,150,919 | 1,166,199 | 2,427,926 | 2,330,833 | 1,323,770 | 1,007,063 | 82,800 | |||||||||||||||||
Property | 3.02 | Cimarron Crossing | 12/31/2013 | 1,594,144 | 762,018 | 832,126 | 1,701,264 | 1,748,095 | 863,597 | 884,497 | 48,000 | |||||||||||||||||
Property | 3.03 | Brandon Oaks | 12/31/2013 | 2,557,475 | 1,387,499 | 1,169,976 | 2,637,581 | 2,453,696 | 1,484,015 | 969,681 | 82,800 | |||||||||||||||||
Property | 3.04 | Sugar Tree Apartments | 12/31/2013 | 2,431,259 | 1,289,493 | 1,141,766 | 2,396,801 | 2,439,845 | 1,357,735 | 1,082,110 | 75,000 | |||||||||||||||||
Property | 3.05 | Arlington Oaks | 12/31/2013 | 1,597,802 | 915,167 | 682,635 | 1,709,129 | 1,718,712 | 962,727 | 755,985 | 60,600 | |||||||||||||||||
Property | 3.06 | Lakeshire Place | 12/31/2013 | 2,331,848 | 1,458,694 | 873,154 | 2,473,192 | 2,580,360 | 1,430,124 | 1,150,236 | 91,200 | |||||||||||||||||
Property | 3.07 | Sundance Apartments | 12/31/2013 | 1,404,063 | 862,991 | 541,072 | 1,463,481 | 1,459,381 | 887,818 | 571,563 | 52,800 | |||||||||||||||||
Loan | 4 | Atlanta Multifamily Portfolio (37) | 12/31/2013 | 5,409,815 | 2,247,829 | 3,161,986 | 8.3% | 8.0% | 6,065,712 | 6,158,549 | 2,432,865 | 3,725,685 | 147,000 | |||||||||||||||
Property | 4.01 | Rosemont Cityview Apartments | 12/31/2013 | 2,795,459 | 1,128,603 | 1,666,856 | 3,201,336 | 3,123,041 | 1,266,285 | 1,856,756 | 80,000 | |||||||||||||||||
Property | 4.02 | Dawson Forest Apartments | 12/31/2013 | 2,614,356 | 1,119,226 | 1,495,130 | 2,864,376 | 3,035,508 | 1,166,580 | 1,868,928 | 67,000 | |||||||||||||||||
Loan | 5 | The Drake | 7.7% | 7.6% | 5,672,940 | 5,740,558 | 2,351,420 | 3,389,139 | 32,700 | |||||||||||||||||||
Loan | 6 | Midwest Shopping Center Portfolio (37) | 12/31/2013 | 7,511,907 | 3,636,452 | 3,875,455 | 10.3% | 9.2% | 6,291,596 | 7,438,432 | 3,493,319 | 3,945,112 | 142,531 | 305,765 | ||||||||||||||
Property | 6.01 | Home Depot Shopping Center | 12/31/2013 | 1,902,154 | 778,170 | 1,123,984 | 1,673,197 | 1,794,323 | 750,530 | 1,043,792 | ||||||||||||||||||
Property | 6.02 | Calumet Center | 12/31/2013 | 2,900,582 | 1,976,226 | 924,356 | 2,261,681 | 2,673,165 | 1,906,637 | 766,528 | ||||||||||||||||||
Property | 6.03 | Waterloo Plaza | 12/31/2013 | 905,138 | 396,802 | 508,336 | 706,972 | 1,057,229 | 358,733 | 698,495 | ||||||||||||||||||
Property | 6.04 | Broadway Plaza | 12/31/2013 | 599,982 | 130,400 | 469,582 | 605,517 | 699,989 | 105,587 | 594,402 | ||||||||||||||||||
Property | 6.05 | Kansas Center | 12/31/2013 | 667,493 | 204,070 | 463,423 | 626,066 | 641,698 | 206,723 | 434,975 | ||||||||||||||||||
Property | 6.06 | Neil Street Shopping Center | 12/31/2013 | 536,558 | 150,784 | 385,774 | 418,163 | 572,028 | 165,109 | 406,920 | ||||||||||||||||||
Loan | 7 | Intellicenter | 12/31/2013 | 1,427,038 | 1,155,844 | 271,194 | 9.3% | 8.9% | 4,818,392 | 5,018,946 | 1,908,604 | 3,110,342 | 40,704 | 69,497 | ||||||||||||||
Loan | 8 | Hotel deLuxe | 12/31/2013 | 9,572,408 | 6,488,771 | 3,083,637 | 12.8% | 11.4% | 7,013,945 | 11,276,723 | 7,123,860 | 4,152,863 | 451,069 | |||||||||||||||
Loan | 9 | Green Valley Corporate Center | 12/31/2013 | 3,823,808 | 731,243 | 3,092,565 | 12.4% | 12.0% | 4,355,808 | 4,101,491 | 750,489 | 3,351,001 | 40,763 | 62,510 | ||||||||||||||
Loan | 10 | Chase Park | 12/31/2013 | 3,773,028 | 2,055,631 | 1,717,397 | 10.5% | 9.1% | 6,094,871 | 5,340,395 | 2,541,367 | 2,799,028 | 54,793 | 312,812 | ||||||||||||||
Loan | 11 | Cookie Factory Lofts | 8.2% | 8.0% | 2,337,120 | 2,454,660 | 576,852 | 1,877,808 | 35,600 | |||||||||||||||||||
Loan | 12 | Windrift Apartments | T-12 9/30/2013 | 2,685,291 | 1,378,335 | 1,306,956 | 8.5% | 8.1% | 2,820,756 | 3,014,113 | 1,196,365 | 1,817,748 | 88,992 | |||||||||||||||
Loan | 13 | Village Square at Kiln Creek | 12/31/2013 | 2,553,306 | 483,946 | 2,069,360 | 9.4% | 8.5% | 2,333,844 | 2,570,772 | 658,915 | 1,911,857 | 53,404 | 114,910 | ||||||||||||||
Loan | 14 | Ocala Portfolio - AHIP | 12/31/2013 | 7,347,470 | 5,096,000 | 2,251,470 | 16.1% | 14.3% | 8,185,000 | 8,647,140 | 5,589,506 | 3,057,634 | 345,886 | |||||||||||||||
Property | 14.01 | Courtyard Ocala | 12/31/2013 | 3,222,000 | 2,423,000 | 799,000 | 3,717,000 | 4,083,000 | 2,670,156 | 1,412,844 | 163,320 | |||||||||||||||||
Property | 14.02 | Residence Inn Ocala | 12/31/2013 | 2,432,000 | 1,467,000 | 965,000 | 2,505,000 | 2,581,000 | 1,598,620 | 982,380 | 103,240 | |||||||||||||||||
Property | 14.03 | Fairfield Inn & Suites Ocala | 12/31/2013 | 1,693,470 | 1,206,000 | 487,470 | 1,963,000 | 1,983,140 | 1,320,730 | 662,410 | 79,326 | |||||||||||||||||
Loan | 15 | Hilton Garden Inn Charlotte Airport | 12.9% | 11.7% | 4,901,107 | 5,611,210 | 3,222,889 | 2,388,321 | 224,448 | |||||||||||||||||||
Loan | 16 | GSP MHP Portfolio I | 12/31/2013 | 2,171,013 | 757,679 | 1,413,333 | 8.2% | 8.0% | 2,724,260 | 2,280,461 | 814,792 | 1,465,669 | 26,005 | |||||||||||||||
Property | 16.01 | Indian Creek Village | 12/31/2013 | 1,035,875 | 249,253 | 786,622 | 1,104,000 | 1,092,600 | 303,086 | 789,514 | 6,790 | |||||||||||||||||
Property | 16.02 | Cedar Manor MHP | 12/31/2013 | 1,135,137 | 508,426 | 626,710 | 1,620,260 | 1,187,861 | 511,706 | 676,155 | 19,215 | |||||||||||||||||
Loan | 17 | A&H Pacific | 12/31/2013 | 2,198,415 | 302,426 | 1,895,989 | 10.0% | 9.9% | 2,265,509 | 2,156,837 | 389,251 | 1,767,586 | 2,988 | 25,000 | ||||||||||||||
Loan | 18 | WHG Extended Stay Portfolio | 13.7% | 12.2% | 5,753,804 | 5,860,679 | 3,732,413 | 2,128,266 | 234,427 | |||||||||||||||||||
Property | 18.01 | Sun Suites Louisville | ||||||||||||||||||||||||||
Property | 18.02 | HomeTowne Suites Columbia | ||||||||||||||||||||||||||
Property | 18.03 | Sun Suites Alexandria | ||||||||||||||||||||||||||
Property | 18.04 | HomeTowne Suites Montgomery | ||||||||||||||||||||||||||
Property | 18.05 | Sun Suites Gainesville | ||||||||||||||||||||||||||
Loan | 19 | Greater Boston Industrial Portfolio I | 12/31/2013 | 2,015,404 | 578,991 | 1,436,413 | 9.4% | 8.7% | 1,574,160 | 2,069,479 | 606,419 | 1,463,059 | 27,544 | 82,632 | ||||||||||||||
Property | 19.01 | 65 Sunnyslope Avenue | 12/31/2013 | 1,064,877 | 267,456 | 797,421 | 855,780 | 1,087,394 | 288,845 | 798,549 | 15,364 | 46,092 | ||||||||||||||||
Property | 19.02 | 82 South Street | 12/31/2013 | 593,667 | 150,653 | 443,014 | 444,780 | 571,213 | 157,765 | 413,448 | 7,060 | 21,180 | ||||||||||||||||
Property | 19.03 | 19 Technology Drive | 12/31/2013 | 356,860 | 160,882 | 195,978 | 273,600 | 410,872 | 159,809 | 251,063 | 5,120 | 15,360 | ||||||||||||||||
Loan | 20 | Reserve at Conway | 12/31/2013 | 2,069,731 | 1,047,574 | 1,022,157 | 8.3% | 7.9% | 2,113,560 | 2,312,136 | 1,086,426 | 1,225,710 | 55,000 | |||||||||||||||
Loan | 21 | Chestnut Hill Apartments | 12/31/2013 | 2,490,962 | 2,112,583 | 378,379 | 11.1% | 10.2% | 3,410,244 | 3,383,108 | 1,767,583 | 1,615,526 | 138,000 | |||||||||||||||
Loan | 22 | Hilton Greenville | 12/31/2013 | 8,061,578 | 5,311,578 | 2,750,000 | 20.2% | 17.8% | 4,400,388 | 8,532,905 | 5,648,328 | 2,884,577 | 341,316 | |||||||||||||||
Loan | 23 | The Phenix at Infinity Park II | 12/31/2014 | 502,726 | 468,408 | 34,318 | 8.3% | 8.0% | 1,725,360 | 1,776,934 | 594,963 | 1,181,971 | 39,300 | |||||||||||||||
Loan | 24 | Cannon West Shopping Center | 12/31/2013 | 1,662,326 | 544,704 | 1,117,622 | 9.6% | 8.9% | 1,373,409 | 1,807,927 | 566,211 | 1,241,717 | 25,994 | 64,849 | ||||||||||||||
Loan | 25 | HGI Kennewick | 12/31/2013 | 3,953,194 | 2,525,525 | 1,427,669 | 11.8% | 10.2% | 3,718,617 | 4,076,319 | 2,578,725 | 1,497,595 | 203,816 | |||||||||||||||
Loan | 26 | Golf Center | 12/31/2013 | 1,970,100 | 1,108,398 | 861,702 | 9.5% | 8.3% | 1,413,688 | 2,342,139 | 1,280,856 | 1,061,283 | 24,855 | 109,292 | ||||||||||||||
Loan | 27 | University Center | 8.6% | 8.3% | 1,178,598 | 1,365,560 | 413,551 | 952,010 | 20,577 | 21,005 |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Third Most | Third | Third | Third | |||||||||||||||||||||||||
Property | Recent Operating | Most Recent | Most Recent | Most Recent | Underwritten NOI | Underwritten NCF | Underwritten | Underwritten | Underwritten | Underwritten | Underwritten | Underwritten | ||||||||||||||||
Flag | ID | Property Name | Statements Date | EGI($) | Expenses($) | NOI($) | Debt Yield (12)(13) | Debt Yield (12)(13) | Revenue($) | EGI($) | Expenses($) | NOI ($) | Reserves($) | TI/LC($) | ||||||||||||||
Loan | 28 | The Parking Spot Portfolio | 12/31/2013 | 4,657,567 | 3,582,606 | 1,074,961 | 13.2% | 12.4% | 4,832,651 | 4,879,397 | 3,450,385 | 1,429,012 | 79,725 | |||||||||||||||
Property | 28.01 | The Parking Spot Columbus | 12/31/2013 | 2,444,126 | 1,919,574 | 524,552 | 2,611,622 | 2,658,368 | 1,888,536 | 769,832 | 53,475 | |||||||||||||||||
Property | 28.02 | The Parking Spot Buffalo | 12/31/2013 | 2,213,441 | 1,663,032 | 550,409 | 2,221,029 | 2,221,029 | 1,561,849 | 659,180 | 26,250 | |||||||||||||||||
Loan | 29 | Hotel Preston | 12/31/2013 | 5,391,276 | 4,228,138 | 1,163,138 | 16.5% | 13.9% | 5,577,045 | 6,810,763 | 5,121,926 | 1,688,837 | 272,431 | |||||||||||||||
Loan | 30 | Arrowhead Shopping Center | 12/31/2013 | 1,151,273 | 374,737 | 776,536 | 9.9% | 9.5% | 1,146,909 | 1,328,239 | 313,490 | 1,014,749 | 12,689 | 33,836 | ||||||||||||||
Loan | 31 | Chestnut Street | 12/31/2012 | 855,072 | 161,347 | 693,725 | 7.3% | 7.2% | 800,940 | 947,179 | 214,627 | 732,552 | 7,750 | |||||||||||||||
Loan | 32 | Renner Commerce Center Portfolio | 8.9% | 8.1% | 988,207 | 1,489,894 | 616,932 | 872,961 | 22,014 | 49,627 | ||||||||||||||||||
Property | 32.01 | Renner Commerce Center - South | 489,852 | 801,784 | 359,493 | 442,290 | 12,469 | 29,908 | ||||||||||||||||||||
Property | 32.02 | Renner Commerce Center - North | 12/31/2013 | 663,963 | 209,851 | 454,112 | 498,355 | 688,110 | 257,439 | 430,671 | 9,545 | 19,719 | ||||||||||||||||
Loan | 33 | Rockford Crossing | 9.8% | 8.2% | 1,164,437 | 1,468,798 | 538,504 | 930,294 | 23,730 | 128,117 | ||||||||||||||||||
Loan | 34 | Shops at Randall Road | 12/31/2013 | 1,248,350 | 449,406 | 798,944 | 9.3% | 8.6% | 1,000,914 | 1,310,433 | 476,704 | 833,729 | 19,553 | 39,107 | ||||||||||||||
Loan | 35 | Fort Myers Self Storage Portfolio | 12/31/2013 | 1,009,994 | 374,081 | 635,913 | 8.5% | 8.4% | 1,393,312 | 1,130,957 | 396,015 | 734,942 | 12,859 | |||||||||||||||
Property | 35.01 | Estero Self Storage | 12/31/2013 | 555,644 | 177,036 | 378,608 | 757,992 | 642,429 | 190,690 | 451,739 | 6,137 | |||||||||||||||||
Property | 35.02 | Valuguard Self Storage | 12/31/2013 | 454,350 | 197,045 | 257,305 | 635,320 | 488,527 | 205,325 | 283,203 | 6,722 | |||||||||||||||||
Loan | 36 | Lancaster Towers | 12/31/2013 | 1,474,459 | 747,469 | 726,990 | 9.7% | 9.0% | 1,467,540 | 1,451,338 | 678,655 | 772,684 | 49,800 | |||||||||||||||
Loan | 37 | Brookhaven MHP | 12/31/2013 | 944,338 | 327,842 | 616,496 | 8.1% | 8.0% | 923,460 | 991,051 | 348,228 | 642,823 | 9,405 | |||||||||||||||
Loan | 38 | Park Villas Townhomes | 12/31/2013 | 1,886,885 | 1,181,431 | 705,454 | 9.4% | 8.4% | 1,938,468 | 1,910,918 | 1,233,020 | 677,898 | 73,297 | |||||||||||||||
Loan | 39 | Evergreen Square | 12/31/2013 | 1,360,942 | 392,449 | 968,493 | 11.1% | 9.9% | 838,407 | 1,113,294 | 319,978 | 793,316 | 20,904 | 62,712 | ||||||||||||||
Loan | 40 | Rio Verde & Sagewood Apartments Portfolio | 12/31/2013 | 1,118,671 | 479,853 | 638,818 | 11.5% | 10.8% | 1,288,683 | 1,297,210 | 549,145 | 748,065 | 45,440 | |||||||||||||||
Property | 40.01 | Sagewood Apartments | 12/31/2013 | 596,989 | 232,085 | 364,904 | 620,403 | 643,904 | 276,751 | 367,153 | 25,440 | |||||||||||||||||
Property | 40.02 | Rio Verde Apartments | 12/31/2013 | 521,682 | 247,768 | 273,914 | 668,280 | 653,306 | 272,394 | 380,912 | 20,000 | |||||||||||||||||
Loan | 41 | CSRA Food Lion Portfolio II (37) | 12/31/2012 | 836,667 | 239,119 | 597,547 | 10.6% | 8.7% | 835,978 | 921,185 | 235,398 | 685,788 | 21,389 | 96,249 | ||||||||||||||
Property | 41.01 | Kimberly Park | 12/31/2012 | 470,227 | 128,450 | 341,776 | 452,538 | 503,105 | 126,217 | 376,888 | 9,580 | 43,110 | ||||||||||||||||
Property | 41.02 | Eden Center | 12/31/2012 | 366,440 | 110,669 | 255,771 | 383,440 | 418,081 | 109,181 | 308,900 | 11,809 | 53,139 | ||||||||||||||||
Loan | 42 | La Galleria at the Mills | 12/31/2013 | 714,783 | 133,488 | 581,295 | 8.9% | 8.1% | 667,635 | 720,918 | 176,531 | 544,387 | 4,094 | 42,920 | ||||||||||||||
Loan | 43 | Clive Distribution Center | 12/31/2013 | 1,135,752 | 345,466 | 790,286 | 11.0% | 9.7% | 725,450 | 1,018,861 | 358,517 | 660,343 | 26,000 | 52,000 | ||||||||||||||
Loan | 44 | Days Inn | 12/31/2013 | 2,401,743 | 1,423,440 | 978,303 | 18.1% | 16.2% | 2,739,465 | 2,799,645 | 1,713,800 | 1,085,845 | 111,986 | |||||||||||||||
Loan | 45 | Dollar Self Storage - Tucson | 12/31/2013 | 962,802 | 385,762 | 577,040 | 10.5% | 10.3% | 1,093,757 | 1,020,454 | 411,318 | 609,137 | 12,864 | |||||||||||||||
Loan | 46 | The Meadows Apartments | 12/31/2013 | 945,801 | 449,861 | 495,940 | 9.5% | 8.6% | 1,065,288 | 1,009,551 | 517,997 | 491,555 | 45,568 | |||||||||||||||
Loan | 47 | Witte Oaks Apartments | 11.2% | 10.5% | 1,187,664 | 1,176,841 | 606,558 | 570,283 | 36,600 | |||||||||||||||||||
Loan | 48 | Chambers Place | 12/31/2013 | 770,155 | 207,208 | 562,947 | 11.4% | 10.5% | 655,147 | 830,377 | 257,889 | 572,488 | 5,684 | 40,080 | ||||||||||||||
Loan | 49 | Sonora Cascade MHC | 12/31/2013 | 591,641 | 197,141 | 394,500 | 8.8% | 8.6% | 581,444 | 585,343 | 213,259 | 372,084 | 6,441 | |||||||||||||||
Loan | 50 | Walgreens Aurora, IN | 8.9% | 8.8% | 391,500 | 444,862 | 67,229 | 377,633 | 2,964 | |||||||||||||||||||
Loan | 51 | Empire Central | 11.3% | 9.4% | 562,383 | 785,041 | 334,092 | 450,949 | 20,852 | 53,101 | ||||||||||||||||||
Loan | 52 | Grove Park Shopping Center | 12/31/2013 | 741,220 | 218,561 | 522,660 | 13.8% | 11.8% | 710,394 | 770,406 | 244,388 | 526,018 | 25,574 | 52,037 | ||||||||||||||
Loan | 53 | Camelot Medical Office & Dunkin’ Donuts | 12/31/2013 | 530,979 | 195,370 | 335,609 | 8.9% | 8.1% | 379,893 | 529,522 | 193,703 | 335,819 | 8,925 | 21,251 | ||||||||||||||
Loan | 54 | Parkway Plaza Shopping Center | 12/31/2013 | 613,655 | 140,106 | 473,549 | 11.6% | 10.1% | 520,384 | 596,552 | 189,868 | 406,684 | 15,710 | 38,702 | ||||||||||||||
Loan | 55 | Midvale Park Self Storage | 12/31/2013 | 556,856 | 216,777 | 340,078 | 9.8% | 9.6% | 617,626 | 565,342 | 222,100 | 343,242 | 8,641 | |||||||||||||||
Loan | 56 | Fresenius Medical Care Lake City | 10.3% | 9.7% | 385,245 | 426,735 | 69,617 | 357,118 | 2,075 | 16,788 | ||||||||||||||||||
Loan | 57 | Bonita Springs Self Storage (38) | 12/31/2013 | 470,734 | 189,754 | 280,980 | 9.4% | 8.9% | 585,641 | 483,613 | 225,799 | 299,606 | 16,209 | |||||||||||||||
Loan | 58 | Fresenius Medical Care Greece | 9.3% | 8.7% | 321,365 | 414,700 | 120,247 | 294,453 | 1,870 | 16,301 | ||||||||||||||||||
Loan | 59 | Storage Pros Lansing | 12/31/2013 | 431,262 | 171,563 | 259,699 | 9.1% | 8.8% | 512,832 | 451,292 | 174,005 | 277,288 | 10,129 | |||||||||||||||
Loan | 60 | 4001 North Lincoln | 12/31/2013 | 249,662 | 100,162 | 149,499 | 8.4% | 8.0% | 272,044 | 329,256 | 105,778 | 223,478 | 1,979 | 9,896 | ||||||||||||||
Loan | 61 | Terrace Oak Apartments | 12/31/2013 | 499,023 | 240,538 | 258,485 | 9.5% | 8.9% | 504,660 | 489,733 | 250,198 | 239,534 | 14,400 | |||||||||||||||
Loan | 62 | Rhett at Remount | 12/31/2013 | 419,591 | 115,145 | 304,445 | 10.6% | 9.1% | 332,887 | 396,860 | 132,757 | 264,103 | 6,420 | 31,585 | ||||||||||||||
Loan | 63 | Winchester Oaks Apartments | 12/31/2013 | 481,432 | 251,479 | 229,953 | 12.6% | 11.3% | 482,796 | 499,468 | 285,773 | 213,695 | 23,400 | |||||||||||||||
Loan | 64 | All Star Storage | 12/31/2013 | 182,910 | 44,069 | 138,842 | 12.7% | 12.4% | 288,179 | 263,893 | 85,734 | 178,159 | 4,685 | |||||||||||||||
Loan | 65 | Midvale Park RV Storage | 12/31/2013 | 240,229 | 105,368 | 134,861 | 15.2% | 14.3% | 301,462 | 248,486 | 101,783 | 146,703 | 8,604 |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Property | Underwritten | Ownership | Ground Lease | Ground Lease | Lease | Lease | ||||||||||||||||||
Flag | ID | Property Name | NCF($) | Interest (20)(21) | Expiration (21) | Extension Terms (21) | Largest Tenant (22)(23)(24)(25)(26)(27)(28) | SF | Expiration | 2nd Largest Tenant (23)(25)(26)(27) | SF | Expiration | ||||||||||||
Loan | 1 | 11 Madison Avenue (35)(36)(37) | 107,431,283 | Fee Simple/Leasehold | 12/31/2016 | None | Credit Suisse | 1,266,051 | 05/31/2037 | Sony | 578,791 | 01/31/2031 | ||||||||||||
Loan | 2 | NMS Los Angeles Multifamily Portfolio (35) | 7,885,432 | Fee Simple | ||||||||||||||||||||
Property | 2.01 | Luxe at 1548 | 1,616,990 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 2.02 | Luxe at 1539 | 1,686,128 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 2.03 | Luxe at 1759 | 1,439,378 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 2.04 | NMS at Northridge | 1,632,933 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 2.05 | NMS at Warner Center | 1,063,035 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 2.06 | NMS at Superior | 446,968 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 3 | Sandalwood Portfolio | 5,927,937 | Fee Simple | ||||||||||||||||||||
Property | 3.01 | Oaks of Northgate | 924,263 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 3.02 | Cimarron Crossing | 836,497 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 3.03 | Brandon Oaks | 886,881 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 3.04 | Sugar Tree Apartments | 1,007,110 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 3.05 | Arlington Oaks | 695,385 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 3.06 | Lakeshire Place | 1,059,036 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 3.07 | Sundance Apartments | 518,763 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 4 | Atlanta Multifamily Portfolio (37) | 3,578,685 | Fee Simple | ||||||||||||||||||||
Property | 4.01 | Rosemont Cityview Apartments | 1,776,756 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 4.02 | Dawson Forest Apartments | 1,801,928 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 5 | The Drake | 3,356,439 | Leasehold | 11/30/2111 | None | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 6 | Midwest Shopping Center Portfolio (37) | 3,496,815 | Fee Simple | ||||||||||||||||||||
Property | 6.01 | Home Depot Shopping Center | Fee Simple | Home Depot | 111,847 | 01/31/2020 | Best Buy | 35,280 | 06/30/2016 | |||||||||||||||
Property | 6.02 | Calumet Center | Fee Simple | Marshalls | 30,557 | 01/31/2016 | Big Lots | 28,400 | 01/31/2020 | |||||||||||||||
Property | 6.03 | Waterloo Plaza | Fee Simple | Hobby Lobby | 65,045 | 11/30/2024 | TJ Maxx | 29,029 | 01/31/2020 | |||||||||||||||
Property | 6.04 | Broadway Plaza | Fee Simple | Academy Sports | 97,527 | 04/30/2019 | NAP | NAP | NAP | |||||||||||||||
Property | 6.05 | Kansas Center | Fee Simple | Home Depot | 113,969 | 01/31/2020 | Firestone Tire | 6,600 | 01/31/2019 | |||||||||||||||
Property | 6.06 | Neil Street Shopping Center | Fee Simple | Hobby Lobby | 70,695 | 07/31/2017 | Carle Clinic | 41,290 | 11/30/2018 | |||||||||||||||
Loan | 7 | Intellicenter | 3,000,142 | Fee Simple | H. Lee Moffitt Cancer Center | 154,963 | 03/31/2027 | Morgan Stanley | 25,294 | 03/31/2024 | ||||||||||||||
Loan | 8 | Hotel deLuxe | 3,701,794 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 9 | Green Valley Corporate Center | 3,247,729 | Fee Simple | IADT | 49,902 | 04/30/2016 | Cypress Capital, LLC | 12,819 | 05/31/2018 | ||||||||||||||
Loan | 10 | Chase Park | 2,431,423 | Fee Simple | Seton | 68,105 | 03/31/2023 | Austin Stone Church | 29,859 | 10/30/2020 | ||||||||||||||
Loan | 11 | Cookie Factory Lofts | 1,842,208 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 12 | Windrift Apartments | 1,728,756 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 13 | Village Square at Kiln Creek | 1,743,543 | Fee Simple | Kmart Corporation | 98,660 | 11/30/2018 | Kmart Corporation (Kroger Limited Partnership I) | 92,348 | 09/30/2033 | ||||||||||||||
Loan | 14 | Ocala Portfolio - AHIP | 2,711,748 | Fee Simple | ||||||||||||||||||||
Property | 14.01 | Courtyard Ocala | 1,249,524 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 14.02 | Residence Inn Ocala | 879,140 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 14.03 | Fairfield Inn & Suites Ocala | 583,084 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 15 | Hilton Garden Inn Charlotte Airport | 2,163,872 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 16 | GSP MHP Portfolio I | 1,439,664 | Fee Simple | ||||||||||||||||||||
Property | 16.01 | Indian Creek Village | 782,724 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 16.02 | Cedar Manor MHP | 656,940 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 17 | A&H Pacific | 1,739,598 | Fee Simple | Parking Network Inc. | 14,000 | 11/30/2015 | Kamin Neman Ebrahim | 1,350 | 07/31/2017 | ||||||||||||||
Loan | 18 | WHG Extended Stay Portfolio | 1,893,838 | Fee Simple | ||||||||||||||||||||
Property | 18.01 | Sun Suites Louisville | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||
Property | 18.02 | HomeTowne Suites Columbia | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||
Property | 18.03 | Sun Suites Alexandria | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||
Property | 18.04 | HomeTowne Suites Montgomery | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||
Property | 18.05 | Sun Suites Gainesville | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||
Loan | 19 | Greater Boston Industrial Portfolio I | 1,352,883 | Fee Simple | ||||||||||||||||||||
Property | 19.01 | 65 Sunnyslope Avenue | 737,093 | Fee Simple | Eastern Bag & Paper Co. | 153,641 | 10/31/2021 | NAP | NAP | NAP | ||||||||||||||
Property | 19.02 | 82 South Street | 385,208 | Fee Simple | Hutchinson Aerospace & Industry, Inc. | 70,600 | 04/30/2016 | NAP | NAP | NAP | ||||||||||||||
Property | 19.03 | 19 Technology Drive | 230,583 | Fee Simple | Accelerated Media Technologies, Inc. | 27,200 | 02/28/2019 | Harrell’s Turf Specialty, LLC | 24,000 | 01/31/2018 | ||||||||||||||
Loan | 20 | Reserve at Conway | 1,170,710 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 21 | Chestnut Hill Apartments | 1,477,526 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 22 | Hilton Greenville | 2,543,261 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 23 | The Phenix at Infinity Park II | 1,142,671 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 24 | Cannon West Shopping Center | 1,150,874 | Fee Simple | Albertsons | 57,830 | 04/06/2025 | Premiere Lady Fitness | 17,370 | 03/31/2018 | ||||||||||||||
Loan | 25 | HGI Kennewick | 1,293,779 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 26 | Golf Center | 927,137 | Fee Simple | TJ Maxx | 34,600 | 02/28/2023 | TVI Savers | 30,520 | 01/31/2024 | ||||||||||||||
Loan | 27 | University Center | 910,427 | Fee Simple | LA Fitness | 44,450 | 06/30/2029 | TJ Maxx | 24,067 | 03/31/2025 |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Property | Underwritten | Ownership | Ground Lease | Ground Lease | Lease | Lease | ||||||||||||||||||
Flag | ID | Property Name | NCF($) | Interest (20)(21) | Expiration (21) | Extension Terms (21) | Largest Tenant (22)(23)(24)(25)(26)(27)(28) | SF | Expiration | 2nd Largest Tenant (23)(25)(26)(27) | SF | Expiration | ||||||||||||
Loan | 28 | The Parking Spot Portfolio | 1,349,287 | Fee Simple | ||||||||||||||||||||
Property | 28.01 | The Parking Spot Columbus | 716,357 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 28.02 | The Parking Spot Buffalo | 632,930 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 29 | Hotel Preston | 1,416,407 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 30 | Arrowhead Shopping Center | 968,224 | Fee Simple | 99 Cents Only | 25,000 | 01/31/2020 | Ace Hardware | 16,410 | 01/31/2025 | ||||||||||||||
Loan | 31 | Chestnut Street | 724,802 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 32 | Renner Commerce Center Portfolio | 801,320 | Fee Simple/Leasehold | ||||||||||||||||||||
Property | 32.01 | Renner Commerce Center - South | 399,913 | Leasehold | 06/01/2020 | 1 option, 5 years | Select Brands | 89,064 | 03/31/2021 | NAP | NAP | NAP | ||||||||||||
Property | 32.02 | Renner Commerce Center - North | 401,407 | Fee Simple | Select Brands | 52,449 | 03/31/2021 | Federal Milk Market Administrator | 15,727 | 07/31/2020 | ||||||||||||||
Loan | 33 | Rockford Crossing | 778,447 | Fee Simple | Hobby Lobby | 55,000 | 01/31/2019 | HomeGoods | 21,000 | 05/31/2025 | ||||||||||||||
Loan | 34 | Shops at Randall Road | 775,069 | Fee Simple | TJ Maxx | 30,200 | 01/31/2022 | Petco | 13,534 | 01/31/2022 | ||||||||||||||
Loan | 35 | Fort Myers Self Storage Portfolio | 722,083 | Fee Simple | ||||||||||||||||||||
Property | 35.01 | Estero Self Storage | 445,602 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 35.02 | Valuguard Self Storage | 276,481 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 36 | Lancaster Towers | 722,884 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 37 | Brookhaven MHP | 633,418 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 38 | Park Villas Townhomes | 604,601 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 39 | Evergreen Square | 709,700 | Fee Simple | TJ Maxx | 30,271 | 11/30/2019 | Citi Trends | 27,110 | 11/30/2019 | ||||||||||||||
Loan | 40 | Rio Verde & Sagewood Apartments Portfolio | 702,625 | Fee Simple | ||||||||||||||||||||
Property | 40.01 | Sagewood Apartments | 341,713 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Property | 40.02 | Rio Verde Apartments | 360,912 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 41 | CSRA Food Lion Portfolio II (37) | 568,150 | Fee Simple | ||||||||||||||||||||
Property | 41.01 | Kimberly Park | 324,198 | Fee Simple | Food Lion, Inc. | 29,000 | 04/30/2025 | Family Dollar Stores, Inc. | 7,200 | 12/31/2019 | ||||||||||||||
Property | 41.02 | Eden Center | 243,952 | Fee Simple | Food Lion, Inc. | 40,138 | 04/30/2025 | NC Scrapbook Crops & Retreats | 3,000 | 11/30/2015 | ||||||||||||||
Loan | 42 | La Galleria at the Mills | 497,373 | Fee Simple | Creative Soul | 3,240 | 09/30/2020 | Ontario Jewelry Plaza | 2,991 | 09/30/2015 | ||||||||||||||
Loan | 43 | Clive Distribution Center | 582,343 | Fee Simple | Centennial Logistics, LLC | 80,000 | 02/28/2021 | SMA Midwest, LLC | 50,000 | 02/28/2017 | ||||||||||||||
Loan | 44 | Days Inn | 973,859 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 45 | Dollar Self Storage - Tucson | 596,273 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 46 | The Meadows Apartments | 445,987 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 47 | Witte Oaks Apartments | 533,683 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 48 | Chambers Place | 526,724 | Fee Simple | JTLHOP (Liquor Store) | 7,794 | 12/31/2020 | Rocky Mountain Medical | 5,355 | 08/31/2017 | ||||||||||||||
Loan | 49 | Sonora Cascade MHC | 365,643 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 50 | Walgreens Aurora, IN | 374,669 | Fee Simple | Walgreens | 14,820 | 12/31/2081 | NAP | NAP | NAP | ||||||||||||||
Loan | 51 | Empire Central | 376,996 | Fee Simple | Level 3 Communications | 38,033 | 06/01/2019 | Garden Glass Patios & Guttermaxx | 14,367 | 11/01/2019 | ||||||||||||||
Loan | 52 | Grove Park Shopping Center | 448,407 | Fee Simple | BI-LO | 41,600 | 02/28/2021 | Orange Cut Rate Drugs | 9,104 | 02/28/2019 | ||||||||||||||
Loan | 53 | Camelot Medical Office & Dunkin’ Donuts | 305,642 | Fee Simple | Guthrie Medical Group, P.C. | 18,751 | 05/01/2019 | Dunkin’ Donuts | 2,500 | 08/31/2023 | ||||||||||||||
Loan | 54 | Parkway Plaza Shopping Center | 352,273 | Fee Simple | Winn-Dixie | 37,985 | 10/29/2022 | Dollar General | 7,980 | 09/30/2017 | ||||||||||||||
Loan | 55 | Midvale Park Self Storage | 334,600 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 56 | Fresenius Medical Care Lake City | 338,254 | Fee Simple | Fresenius | 10,377 | 06/30/2030 | NAP | NAP | NAP | ||||||||||||||
Loan | 57 | Bonita Springs Self Storage (38) | 283,397 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 58 | Fresenius Medical Care Greece | 276,282 | Fee Simple | Fresenius Medical Care - New York Dialysis Services, Inc. | 9,352 | 04/01/2030 | NAP | NAP | NAP | ||||||||||||||
Loan | 59 | Storage Pros Lansing | 267,159 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 60 | 4001 North Lincoln | 211,603 | Fee Simple | US Bank | 2,400 | 10/31/2018 | Starbucks | 1,650 | 02/28/2023 | ||||||||||||||
Loan | 61 | Terrace Oak Apartments | 225,134 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 62 | Rhett at Remount | 226,098 | Fee Simple | Food Lion | 29,748 | 10/31/2017 | Family Dollar | 8,640 | 04/30/2017 | ||||||||||||||
Loan | 63 | Winchester Oaks Apartments | 190,295 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 64 | All Star Storage | 173,474 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
Loan | 65 | Midvale Park RV Storage | 138,099 | Fee Simple | NAP | NAP | NAP | NAP | NAP | NAP |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Property | Lease | Lease | Lease | Occupancy | ||||||||||||||||||||||
Flag | ID | Property Name | 3rd Largest Tenant (23)(26) | SF | Expiration | 4th Largest Tenant | SF | Expiration | 5th Largest Tenant (26) | SF | Expiration | Occupancy | As-of Date | |||||||||||||
Loan | 1 | 11 Madison Avenue (35)(36)(37) | Yelp | 152,232 | 04/30/2025 | WME | 103,426 | 09/30/2030 | Young & Rubicam, Inc. | 99,107 | 03/30/2019 | 97.8% | 08/11/2015 | |||||||||||||
Loan | 2 | NMS Los Angeles Multifamily Portfolio (35) | 99.2% | 08/25/2015 | ||||||||||||||||||||||
Property | 2.01 | Luxe at 1548 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 08/25/2015 | |||||||||||||
Property | 2.02 | Luxe at 1539 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 08/25/2015 | |||||||||||||
Property | 2.03 | Luxe at 1759 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 08/25/2015 | |||||||||||||
Property | 2.04 | NMS at Northridge | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 99.0% | 08/25/2015 | |||||||||||||
Property | 2.05 | NMS at Warner Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 97.5% | 08/25/2015 | |||||||||||||
Property | 2.06 | NMS at Superior | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 08/25/2015 | |||||||||||||
Loan | 3 | Sandalwood Portfolio | 96.4% | 07/31/2015 | ||||||||||||||||||||||
Property | 3.01 | Oaks of Northgate | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 89.9% | 07/31/2015 | |||||||||||||
Property | 3.02 | Cimarron Crossing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 07/31/2015 | |||||||||||||
Property | 3.03 | Brandon Oaks | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 96.4% | 07/31/2015 | |||||||||||||
Property | 3.04 | Sugar Tree Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 94.4% | 07/31/2015 | |||||||||||||
Property | 3.05 | Arlington Oaks | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 98.0% | 07/31/2015 | |||||||||||||
Property | 3.06 | Lakeshire Place | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 98.7% | 07/31/2015 | |||||||||||||
Property | 3.07 | Sundance Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 07/31/2015 | |||||||||||||
Loan | 4 | Atlanta Multifamily Portfolio (37) | 95.6% | 06/11/2015 | ||||||||||||||||||||||
Property | 4.01 | Rosemont Cityview Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 94.4% | 06/11/2015 | |||||||||||||
Property | 4.02 | Dawson Forest Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 97.0% | 06/11/2015 | |||||||||||||
Loan | 5 | The Drake | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 99.1% | 08/10/2015 | |||||||||||||
Loan | 6 | Midwest Shopping Center Portfolio (37) | 90.2% | 08/18/2015 | ||||||||||||||||||||||
Property | 6.01 | Home Depot Shopping Center | OfficeMax | 24,428 | 01/31/2018 | PetSmart | 22,646 | 01/31/2017 | Jo-Ann Fabrics | 12,466 | 01/31/2017 | 87.9% | 08/18/2015 | |||||||||||||
Property | 6.02 | Calumet Center | Ross Dress for Less | 26,040 | 01/31/2023 | Fallas Paredes | 18,934 | 01/31/2024 | Petco | 15,010 | 04/30/2017 | 84.1% | 08/18/2015 | |||||||||||||
Property | 6.03 | Waterloo Plaza | Shoe Carnival | 10,000 | 02/28/2025 | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 08/18/2015 | |||||||||||||
Property | 6.04 | Broadway Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 08/18/2015 | |||||||||||||
Property | 6.05 | Kansas Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 80.2% | 08/18/2015 | |||||||||||||
Property | 6.06 | Neil Street Shopping Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 08/18/2015 | |||||||||||||
Loan | 7 | Intellicenter | Open Text | 21,344 | 03/31/2019 | Four Fingers IC, Inc. d/b/a Nature’s Table | 1,908 | 06/30/2023 | NAP | NAP | NAP | 100.0% | 07/01/2015 | |||||||||||||
Loan | 8 | Hotel deLuxe | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 80.5% | 06/30/2015 | |||||||||||||
Loan | 9 | Green Valley Corporate Center | Amica Mutual Insurance Company | 12,451 | 12/31/2023 | Toyota Financial Savings Bank | 12,028 | 11/30/2015 | PAR Springer-Miller Systems | 12,000 | 07/31/2020 | 95.7% | 07/21/2015 | |||||||||||||
Loan | 10 | Chase Park | Jacobs Engineering | 27,775 | 03/31/2019 | Northrop Grumman | 18,945 | 11/30/2016 | Forte | 13,572 | 12/31/2016 | 87.0% | 08/20/2015 | |||||||||||||
Loan | 11 | Cookie Factory Lofts | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 93.3% | 09/14/2015 | |||||||||||||
Loan | 12 | Windrift Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 95.1% | 08/10/2015 | |||||||||||||
Loan | 13 | Village Square at Kiln Creek | Ben Franklin Crafts | 19,560 | 08/31/2016 | Dress Barn | 8,000 | 12/31/2017 | Long-Foster Real E | 7,026 | 02/28/2020 | 97.2% | 08/05/2015 | |||||||||||||
Loan | 14 | Ocala Portfolio - AHIP | 61.6% | 04/30/2015 | ||||||||||||||||||||||
Property | 14.01 | Courtyard Ocala | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 58.9% | 04/30/2015 | |||||||||||||
Property | 14.02 | Residence Inn Ocala | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 69.5% | 04/30/2015 | |||||||||||||
Property | 14.03 | Fairfield Inn & Suites Ocala | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 59.3% | 04/30/2015 | |||||||||||||
Loan | 15 | Hilton Garden Inn Charlotte Airport | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 85.0% | 08/31/2015 | |||||||||||||
Loan | 16 | GSP MHP Portfolio I | 86.3% | 07/09/2015 | ||||||||||||||||||||||
Property | 16.01 | Indian Creek Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 99.5% | 07/09/2015 | |||||||||||||
Property | 16.02 | Cedar Manor MHP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 78.2% | 07/09/2015 | |||||||||||||
Loan | 17 | A&H Pacific | Mostafa Hassan | 1,350 | 09/30/2017 | Morris Mellamed | 1,350 | 09/30/2017 | Aurea Castro | 1,320 | 07/31/2016 | 96.2% | 07/01/2015 | |||||||||||||
Loan | 18 | WHG Extended Stay Portfolio | 73.1% | 07/31/2015 | ||||||||||||||||||||||
Property | 18.01 | Sun Suites Louisville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 78.2% | 07/31/2015 | |||||||||||||
Property | 18.02 | HomeTowne Suites Columbia | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 71.8% | 07/31/2015 | |||||||||||||
Property | 18.03 | Sun Suites Alexandria | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 70.3% | 07/31/2015 | |||||||||||||
Property | 18.04 | HomeTowne Suites Montgomery | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 69.0% | 07/31/2015 | |||||||||||||
Property | 18.05 | Sun Suites Gainesville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 74.2% | 07/31/2015 | |||||||||||||
Loan | 19 | Greater Boston Industrial Portfolio I | 100.0% | 08/25/2015 | ||||||||||||||||||||||
Property | 19.01 | 65 Sunnyslope Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 08/25/2015 | |||||||||||||
Property | 19.02 | 82 South Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 08/25/2015 | |||||||||||||
Property | 19.03 | 19 Technology Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 08/25/2015 | |||||||||||||
Loan | 20 | Reserve at Conway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 95.5% | 07/08/2015 | |||||||||||||
Loan | 21 | Chestnut Hill Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 95.9% | 07/30/2015 | |||||||||||||
Loan | 22 | Hilton Greenville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 70.5% | 06/30/2015 | |||||||||||||
Loan | 23 | The Phenix at Infinity Park II | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 98.5% | 07/14/2015 | |||||||||||||
Loan | 24 | Cannon West Shopping Center | Dollar General | 8,160 | 03/31/2017 | National American University | 6,300 | 04/30/2021 | JP Morgan Chase | 3,560 | 09/30/2018 | 98.1% | 07/29/2015 | |||||||||||||
Loan | 25 | HGI Kennewick | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 72.9% | 06/30/2015 | |||||||||||||
Loan | 26 | Golf Center | Royal Buffet | 22,980 | 08/31/2026 | Petland/Aquarium Adventure | 16,800 | 12/31/2020 | Factory Card Outlet of America (Party City) | 13,324 | 01/31/2021 | 100.0% | 08/01/2015 | |||||||||||||
Loan | 27 | University Center | Beall’s Outlet | 21,020 | 04/30/2025 | Dollar Tree | 12,448 | 09/30/2020 | San Juan Cleaners | 900 | 09/30/2022 | 100.0% | 08/12/2015 |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Property | Lease | Lease | Lease | Occupancy | ||||||||||||||||||||||
Flag | ID | Property Name | 3rd Largest Tenant (23)(26) | SF | Expiration | 4th Largest Tenant | SF | Expiration | 5th Largest Tenant (26) | SF | Expiration | Occupancy | As-of Date | |||||||||||||
Loan | 28 | The Parking Spot Portfolio | NAP | NAP | ||||||||||||||||||||||
Property | 28.01 | The Parking Spot Columbus | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
Property | 28.02 | The Parking Spot Buffalo | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
Loan | 29 | Hotel Preston | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 76.5% | 06/30/2015 | |||||||||||||
Loan | 30 | Arrowhead Shopping Center | Tuesday Morning | 8,450 | 07/31/2020 | Teaching and Learning Stuff | 4,605 | 10/31/2017 | Arrowhead Martial Arts | 3,232 | 09/30/2019 | 95.2% | 06/01/2015 | |||||||||||||
Loan | 31 | Chestnut Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 09/01/2015 | |||||||||||||
Loan | 32 | Renner Commerce Center Portfolio | 100.0% | 07/01/2015 | ||||||||||||||||||||||
Property | 32.01 | Renner Commerce Center - South | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 07/01/2015 | |||||||||||||
Property | 32.02 | Renner Commerce Center - North | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 07/01/2015 | |||||||||||||
Loan | 33 | Rockford Crossing | DSW | 19,467 | 04/30/2025 | Aldi | 18,352 | 06/30/2030 | GameStop | 2,005 | 01/31/2016 | 97.6% | 08/12/2015 | |||||||||||||
Loan | 34 | Shops at Randall Road | Shoe Carnival | 10,072 | 05/31/2023 | Pier 1 Imports | 9,403 | 02/28/2017 | Lumber Liquidators | 8,400 | 08/31/2022 | 100.0% | 06/30/2015 | |||||||||||||
Loan | 35 | Fort Myers Self Storage Portfolio | 83.9% | Various | ||||||||||||||||||||||
Property | 35.01 | Estero Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 86.8% | 07/10/2015 | |||||||||||||
Property | 35.02 | Valuguard Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 81.2% | 06/30/2015 | |||||||||||||
Loan | 36 | Lancaster Towers | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 99.4% | 07/31/2015 | |||||||||||||
Loan | 37 | Brookhaven MHP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 91.2% | 07/09/2015 | |||||||||||||
Loan | 38 | Park Villas Townhomes | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 94.6% | 06/05/2015 | |||||||||||||
Loan | 39 | Evergreen Square | Petco | 11,281 | 01/31/2021 | Dollar Tree | 11,096 | 01/31/2025 | Party City | 10,860 | 06/30/2019 | 95.1% | 07/31/2015 | |||||||||||||
Loan | 40 | Rio Verde & Sagewood Apartments Portfolio | 91.9% | 08/01/2015 | ||||||||||||||||||||||
Property | 40.01 | Sagewood Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 93.8% | 08/01/2015 | |||||||||||||
Property | 40.02 | Rio Verde Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 90.0% | 08/01/2015 | |||||||||||||
Loan | 41 | CSRA Food Lion Portfolio II (37) | 95.0% | 07/21/2015 | ||||||||||||||||||||||
Property | 41.01 | Kimberly Park | Time Out Sports Bar & Grille | 2,700 | 08/31/2017 | Moore County ABC Board | 1,800 | 02/28/2016 | V-Nails | 1,200 | 07/01/2020 | 95.0% | 07/21/2015 | |||||||||||||
Property | 41.02 | Eden Center | Signature Nails | 2,255 | 12/31/2024 | OneMain Financial, Inc. | 1,500 | 03/31/2019 | Subway Real Estate Corp. | 1,200 | 06/30/2016 | 94.9% | 07/21/2015 | |||||||||||||
Loan | 42 | La Galleria at the Mills | Scrubsworld LLC | 2,908 | 03/31/2020 | T-Mobile USA, Inc. | 2,841 | 09/30/2020 | Velvet Room | 2,005 | 03/31/2020 | 100.0% | 07/31/2015 | |||||||||||||
Loan | 43 | Clive Distribution Center | Prairie Van & Storage | 29,500 | 08/31/2019 | Centennial Logistics, LLC | 20,000 | 08/31/2017 | Comercializadora Del Midwest, LLC | 20,000 | 01/31/2019 | 100.0% | 08/31/2015 | |||||||||||||
Loan | 44 | Days Inn | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 81.0% | 07/31/2015 | |||||||||||||
Loan | 45 | Dollar Self Storage - Tucson | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 86.5% | 06/01/2015 | |||||||||||||
Loan | 46 | The Meadows Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 91.4% | 07/07/2015 | |||||||||||||
Loan | 47 | Witte Oaks Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 95.1% | 08/10/2015 | |||||||||||||
Loan | 48 | Chambers Place | Jacob Pak (Hair Accessories) | 2,600 | 06/30/2016 | Rico Pan Bakery Inc | 2,594 | 10/31/2018 | Valdivia Fashions | 2,037 | 06/30/2018 | 94.1% | 07/31/2015 | |||||||||||||
Loan | 49 | Sonora Cascade MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 92.9% | 07/28/2015 | |||||||||||||
Loan | 50 | Walgreens Aurora, IN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 07/13/2015 | |||||||||||||
Loan | 51 | Empire Central | The Editing Company | 8,988 | 02/01/2017 | NordStar Group | 5,400 | 09/01/2019 | AeroCare Home Medical | 5,373 | 05/01/2019 | 89.0% | 06/03/2015 | |||||||||||||
Loan | 52 | Grove Park Shopping Center | Kool Smiles | 6,291 | 12/31/2019 | Beauty Line 4 | 6,206 | 10/31/2018 | South Carolina State University | 6,000 | 11/01/2015 | 89.9% | 08/27/2015 | |||||||||||||
Loan | 53 | Camelot Medical Office & Dunkin’ Donuts | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 08/31/2015 | |||||||||||||
Loan | 54 | Parkway Plaza Shopping Center | Subway | 1,600 | 06/30/2017 | Chinatown | 1,600 | 02/28/2016 | LA Nails | 1,600 | 10/31/2016 | 96.9% | 08/13/2015 | |||||||||||||
Loan | 55 | Midvale Park Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 80.1% | 06/16/2015 | |||||||||||||
Loan | 56 | Fresenius Medical Care Lake City | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 06/01/2015 | |||||||||||||
Loan | 57 | Bonita Springs Self Storage (38) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 82.6% | 06/30/2015 | |||||||||||||
Loan | 58 | Fresenius Medical Care Greece | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 04/01/2015 | |||||||||||||
Loan | 59 | Storage Pros Lansing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 92.7% | 04/23/2015 | |||||||||||||
Loan | 60 | 4001 North Lincoln | Creative Hairdressers, Inc. | 1,396 | 06/30/2019 | Undra, Inc. - Prima Donna Nais | 1,010 | 11/30/2019 | Christian Montero - Dry Cleaners | 740 | 06/30/2018 | 85.4% | 09/02/2015 | |||||||||||||
Loan | 61 | Terrace Oak Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 07/01/2015 | |||||||||||||
Loan | 62 | Rhett at Remount | Smokey’s Place | 4,240 | 08/31/2017 | NAP | NAP | NAP | NAP | NAP | NAP | 100.0% | 06/30/2015 | |||||||||||||
Loan | 63 | Winchester Oaks Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 97.4% | 08/19/2015 | |||||||||||||
Loan | 64 | All Star Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 97.2% | 07/22/2015 | |||||||||||||
Loan | 65 | Midvale Park RV Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 72.1% | 06/16/2015 |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Upfront | Monthly | Upfront | ||||||||
Property | Replacement | Replacement | TI/LC | |||||||
Flag | ID | Property Name | Reserves($) (30) | Reserves ($)(31)(32)(33) | Reserves ($)(30)(33) | |||||
Loan | 1 | 11 Madison Avenue (35)(36)(37) | Springing | 81,152,102 | ||||||
Loan | 2 | NMS Los Angeles Multifamily Portfolio (35) | 8,000 | |||||||
Property | 2.01 | Luxe at 1548 | ||||||||
Property | 2.02 | Luxe at 1539 | ||||||||
Property | 2.03 | Luxe at 1759 | ||||||||
Property | 2.04 | NMS at Northridge | ||||||||
Property | 2.05 | NMS at Warner Center | ||||||||
Property | 2.06 | NMS at Superior | ||||||||
Loan | 3 | Sandalwood Portfolio | 41,100 | |||||||
Property | 3.01 | Oaks of Northgate | ||||||||
Property | 3.02 | Cimarron Crossing | ||||||||
Property | 3.03 | Brandon Oaks | ||||||||
Property | 3.04 | Sugar Tree Apartments | ||||||||
Property | 3.05 | Arlington Oaks | ||||||||
Property | 3.06 | Lakeshire Place | ||||||||
Property | 3.07 | Sundance Apartments | ||||||||
Loan | 4 | Atlanta Multifamily Portfolio (37) | 12,250 | |||||||
Property | 4.01 | Rosemont Cityview Apartments | ||||||||
Property | 4.02 | Dawson Forest Apartments | ||||||||
Loan | 5 | The Drake | 2,725 | |||||||
Loan | 6 | Midwest Shopping Center Portfolio (37) | 14,824 | 500,000 | ||||||
Property | 6.01 | Home Depot Shopping Center | ||||||||
Property | 6.02 | Calumet Center | ||||||||
Property | 6.03 | Waterloo Plaza | ||||||||
Property | 6.04 | Broadway Plaza | ||||||||
Property | 6.05 | Kansas Center | ||||||||
Property | 6.06 | Neil Street Shopping Center | ||||||||
Loan | 7 | Intellicenter | 3,392 | 3,392 | 250,000 | |||||
Loan | 8 | Hotel deLuxe | 4.0% of prior month’s gross revenues | |||||||
Loan | 9 | Green Valley Corporate Center | 3,000 | 3,393 | 1,652,360 | |||||
Loan | 10 | Chase Park | 4,566 | 1,433,086 | ||||||
Loan | 11 | Cookie Factory Lofts | 2,967 | |||||||
Loan | 12 | Windrift Apartments | 7,416 | |||||||
Loan | 13 | Village Square at Kiln Creek | 4,450 | 4,450 | 500,000 | |||||
Loan | 14 | Ocala Portfolio - AHIP | Springing | |||||||
Property | 14.01 | Courtyard Ocala | �� | |||||||
Property | 14.02 | Residence Inn Ocala | ||||||||
Property | 14.03 | Fairfield Inn & Suites Ocala | ||||||||
Loan | 15 | Hilton Garden Inn Charlotte Airport | 18,360 | 1/12 of 4.0% of prior year’s gross revenues | ||||||
Loan | 16 | GSP MHP Portfolio I | 2,167 | |||||||
Property | 16.01 | Indian Creek Village | ||||||||
Property | 16.02 | Cedar Manor MHP | ||||||||
Loan | 17 | A&H Pacific | 249 | 25,000 | ||||||
Loan | 18 | WHG Extended Stay Portfolio | 100,000 | The greater of (i) 1/12 of 4.0% of gross revenues for the month that is 2 months prior to such payment date, (ii) any amount required under the Franchise Agreement for FF&E and (iii) $15,000. | ||||||
Property | 18.01 | Sun Suites Louisville | ||||||||
Property | 18.02 | HomeTowne Suites Columbia | ||||||||
Property | 18.03 | Sun Suites Alexandria | ||||||||
Property | 18.04 | HomeTowne Suites Montgomery | ||||||||
Property | 18.05 | Sun Suites Gainesville | ||||||||
Loan | 19 | Greater Boston Industrial Portfolio I | 1,050,000 | Springing | 1,010,771 | |||||
Property | 19.01 | 65 Sunnyslope Avenue | ||||||||
Property | 19.02 | 82 South Street | ||||||||
Property | 19.03 | 19 Technology Drive | ||||||||
Loan | 20 | Reserve at Conway | 4,583 | |||||||
Loan | 21 | Chestnut Hill Apartments | 11,500 | 11,500 | ||||||
Loan | 22 | Hilton Greenville | 28,443 | Greater of (i) 1/12 of 4.0% of the greater of (a) prior year’s gross income from operations and (b) gross income projected in approved ann. budget for following year and (ii) amount required under Franchise Agreement | ||||||
Loan | 23 | The Phenix at Infinity Park II | 2,183 | |||||||
Loan | 24 | Cannon West Shopping Center | 2,166 | |||||||
Loan | 25 | HGI Kennewick | The greater of 4.0% of prior month’s gross revenues and any amount required under Management Agreement or Franchise Agreement for FF&E Work | |||||||
Loan | 26 | Golf Center | 2,071 | |||||||
Loan | 27 | University Center | Springing |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Upfront | Monthly | Upfront | ||||||||
Property | Replacement | Replacement | TI/LC | |||||||
Flag | ID | Property Name | Reserves($) (30) | Reserves ($)(31)(32)(33) | Reserves ($)(30)(33) | |||||
Loan | 28 | The Parking Spot Portfolio | 6,835 | 6,835 | ||||||
Property | 28.01 | The Parking Spot Columbus | ||||||||
Property | 28.02 | The Parking Spot Buffalo | ||||||||
Loan | 29 | Hotel Preston | 5.0% of prior month’s gross revenues | |||||||
Loan | 30 | Arrowhead Shopping Center | 1,057 | 3,525 | ||||||
Loan | 31 | Chestnut Street | 646 | 646 | 240,000 | |||||
Loan | 32 | Renner Commerce Center Portfolio | 1,835 | 1,835 | 3,931 | |||||
Property | 32.01 | Renner Commerce Center - South | ||||||||
Property | 32.02 | Renner Commerce Center - North | ||||||||
Loan | 33 | Rockford Crossing | Springing | |||||||
Loan | 34 | Shops at Randall Road | 1,629 | |||||||
Loan | 35 | Fort Myers Self Storage Portfolio | 1,072 | |||||||
Property | 35.01 | Estero Self Storage | ||||||||
Property | 35.02 | Valuguard Self Storage | ||||||||
Loan | 36 | Lancaster Towers | 4,150 | 4,150 | ||||||
Loan | 37 | Brookhaven MHP | 784 | |||||||
Loan | 38 | Park Villas Townhomes | 6,108 | 6,108 | ||||||
Loan | 39 | Evergreen Square | 92,067 | 2,307 | ||||||
Loan | 40 | Rio Verde & Sagewood Apartments Portfolio | 3,787 | 3,787 | ||||||
Property | 40.01 | Sagewood Apartments | ||||||||
Property | 40.02 | Rio Verde Apartments | ||||||||
Loan | 41 | CSRA Food Lion Portfolio II (37) | 1,782 | 200,000 | ||||||
Property | 41.01 | Kimberly Park | ||||||||
Property | 41.02 | Eden Center | ||||||||
Loan | 42 | La Galleria at the Mills | 340 | 340 | 50,000 | |||||
Loan | 43 | Clive Distribution Center | 3,250 | |||||||
Loan | 44 | Days Inn | The greater of (i) 1/12 of 4.0% times the annual Total Revenue of the Property for the previous 12 month period, (ii) any amount required under the Franchise Agreement and (iii) 9,332.15 | |||||||
Loan | 45 | Dollar Self Storage - Tucson | 1,085 | 1,085 | ||||||
Loan | 46 | The Meadows Apartments | 136,704 | Springing | ||||||
Loan | 47 | Witte Oaks Apartments | 400,000 | 3,050 | ||||||
Loan | 48 | Chambers Place | 474 | 75,000 | ||||||
Loan | 49 | Sonora Cascade MHC | 537 | |||||||
Loan | 50 | Walgreens Aurora, IN | Springing | |||||||
Loan | 51 | Empire Central | 1,738 | |||||||
Loan | 52 | Grove Park Shopping Center | 2,131 | 2,131 | 5,770 | |||||
Loan | 53 | Camelot Medical Office & Dunkin’ Donuts | 885 | 885 | ||||||
Loan | 54 | Parkway Plaza Shopping Center | 1,309 | 1,309 | 2,836 | |||||
Loan | 55 | Midvale Park Self Storage | 720 | 720 | ||||||
Loan | 56 | Fresenius Medical Care Lake City | 10,500 | |||||||
Loan | 57 | Bonita Springs Self Storage (38) | 675 | 675 | ||||||
Loan | 58 | Fresenius Medical Care Greece | 9,350 | |||||||
Loan | 59 | Storage Pros Lansing | 844 | 844 | ||||||
Loan | 60 | 4001 North Lincoln | 165 | 30,000 | ||||||
Loan | 61 | Terrace Oak Apartments | 1,200 | |||||||
Loan | 62 | Rhett at Remount | 535 | 535 | 100,000 | |||||
Loan | 63 | Winchester Oaks Apartments | 1,950 | 1,950 | ||||||
Loan | 64 | All Star Storage | 390 | 390 | ||||||
Loan | 65 | Midvale Park RV Storage | 717 | 717 |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Monthly | Upfront | Monthly | Upfront | Monthly | Upfront | Upfront | Monthly | |||||||||||||
Property | TI/LC | Tax | Tax | Insurance | Insurance | Engineering | Other | Other | ||||||||||||
Flag | ID | Property Name | Reserves ($)(31)(32)(33) | Reserves ($)(30) | Reserves ($)(31)(32) | Reserves($)(30) | Reserves ($)(31)(32) | Reserve($)(30) | Reserves ($)(30) | Reserves ($)(31)(32)(33) | ||||||||||
Loan | 1 | 11 Madison Avenue (35)(36)(37) | Springing | Springing | Springing | 55,348,898 | ||||||||||||||
Loan | 2 | NMS Los Angeles Multifamily Portfolio (35) | 633,333 | 79,167 | 52,199 | 10,440 | 199,100 | |||||||||||||
Property | 2.01 | Luxe at 1548 | ||||||||||||||||||
Property | 2.02 | Luxe at 1539 | ||||||||||||||||||
Property | 2.03 | Luxe at 1759 | ||||||||||||||||||
Property | 2.04 | NMS at Northridge | ||||||||||||||||||
Property | 2.05 | NMS at Warner Center | ||||||||||||||||||
Property | 2.06 | NMS at Superior | ||||||||||||||||||
Loan | 3 | Sandalwood Portfolio | 1,322,157 | 165,270 | 175,000 | Springing | 497,169 | |||||||||||||
Property | 3.01 | Oaks of Northgate | ||||||||||||||||||
Property | 3.02 | Cimarron Crossing | ||||||||||||||||||
Property | 3.03 | Brandon Oaks | ||||||||||||||||||
Property | 3.04 | Sugar Tree Apartments | ||||||||||||||||||
Property | 3.05 | Arlington Oaks | ||||||||||||||||||
Property | 3.06 | Lakeshire Place | ||||||||||||||||||
Property | 3.07 | Sundance Apartments | ||||||||||||||||||
Loan | 4 | Atlanta Multifamily Portfolio (37) | 86,429 | 37,076 | Springing | 43,750 | 4,190,000 | |||||||||||||
Property | 4.01 | Rosemont Cityview Apartments | ||||||||||||||||||
Property | 4.02 | Dawson Forest Apartments | ||||||||||||||||||
Loan | 5 | The Drake | 100,596 | 16,750 | Springing | Springing | ||||||||||||||
Loan | 6 | Midwest Shopping Center Portfolio (37) | 29,647 | 894,563 | 224,518 | Springing | 105,640 | 58,401 | Springing | |||||||||||
Property | 6.01 | Home Depot Shopping Center | ||||||||||||||||||
Property | 6.02 | Calumet Center | ||||||||||||||||||
Property | 6.03 | Waterloo Plaza | ||||||||||||||||||
Property | 6.04 | Broadway Plaza | ||||||||||||||||||
Property | 6.05 | Kansas Center | ||||||||||||||||||
Property | 6.06 | Neil Street Shopping Center | ||||||||||||||||||
Loan | 7 | Intellicenter | 16,959 | 630,000 | 52,500 | Springing | Springing | |||||||||||||
Loan | 8 | Hotel deLuxe | 102,978 | 5,598 | Springing | |||||||||||||||
Loan | 9 | Green Valley Corporate Center | 15,626 | 11,771 | 12,515 | Springing | ||||||||||||||
Loan | 10 | Chase Park | 25,137 | 375,850 | 46,981 | Springing | 9,775 | 67,479 | Springing | |||||||||||
Loan | 11 | Cookie Factory Lofts | 42,720 | 5,340 | 22,428 | Springing | 360,353 | |||||||||||||
Loan | 12 | Windrift Apartments | 263,475 | 23,952 | 78,160 | 11,166 | Springing | |||||||||||||
Loan | 13 | Village Square at Kiln Creek | 13,796 | 23,511 | 5,878 | Springing | Springing | |||||||||||||
Loan | 14 | Ocala Portfolio - AHIP | 197,032 | 21,892 | Springing | 16,500 | 3,170,000 | |||||||||||||
Property | 14.01 | Courtyard Ocala | ||||||||||||||||||
Property | 14.02 | Residence Inn Ocala | ||||||||||||||||||
Property | 14.03 | Fairfield Inn & Suites Ocala | ||||||||||||||||||
Loan | 15 | Hilton Garden Inn Charlotte Airport | 112,489 | 11,841 | 4,739 | 1,185 | ||||||||||||||
Loan | 16 | GSP MHP Portfolio I | 152,182 | 21,740 | Springing | 3,188 | 360,614 | |||||||||||||
Property | 16.01 | Indian Creek Village | ||||||||||||||||||
Property | 16.02 | Cedar Manor MHP | ||||||||||||||||||
Loan | 17 | A&H Pacific | 2,083 | 66,752 | 8,344 | Springing | 27,500 | |||||||||||||
Loan | 18 | WHG Extended Stay Portfolio | 140,352 | 20,050 | Springing | |||||||||||||||
Property | 18.01 | Sun Suites Louisville | ||||||||||||||||||
Property | 18.02 | HomeTowne Suites Columbia | ||||||||||||||||||
Property | 18.03 | Sun Suites Alexandria | ||||||||||||||||||
Property | 18.04 | HomeTowne Suites Montgomery | ||||||||||||||||||
Property | 18.05 | Sun Suites Gainesville | ||||||||||||||||||
Loan | 19 | Greater Boston Industrial Portfolio I | Springing | 63,857 | 31,928 | 6,133 | 2,044 | 38,125 | ||||||||||||
Property | 19.01 | 65 Sunnyslope Avenue | ||||||||||||||||||
Property | 19.02 | 82 South Street | ||||||||||||||||||
Property | 19.03 | 19 Technology Drive | ||||||||||||||||||
Loan | 20 | Reserve at Conway | 188,411 | 18,841 | Springing | 11,625 | 1,391,748 | |||||||||||||
Loan | 21 | Chestnut Hill Apartments | 188,024 | 20,892 | 55,039 | 9,173 | ||||||||||||||
Loan | 22 | Hilton Greenville | 12,592 | 12,592 | Springing | 223,500 | 3,776,500 | Springing | ||||||||||||
Loan | 23 | The Phenix at Infinity Park II | 15,986 | 3,997 | 19,437 | 1,944 | 32,813 | |||||||||||||
Loan | 24 | Cannon West Shopping Center | 5,415 | 205,611 | 22,846 | 25,841 | 2,524 | 4,062 | 59,325 | Springing | ||||||||||
Loan | 25 | HGI Kennewick | 37,728 | 7,819 | Springing | 394 | 460,000 | Springing | ||||||||||||
Loan | 26 | Golf Center | $4,695 through and including August 6, 2019; $6,904 thereafter | 39,800 | 66,333 | Springing | 341,520 | 60,167 | Springing | |||||||||||
Loan | 27 | University Center | Springing | 85,877 | 7,156 | Springing | Springing |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Monthly | Upfront | Monthly | Upfront | Monthly | Upfront | Upfront | Monthly | |||||||||||||
Property | TI/LC | Tax | Tax | Insurance | Insurance | Engineering | Other | Other | ||||||||||||
Flag | ID | Property Name | Reserves ($)(31)(32)(33) | Reserves ($)(30) | Reserves ($)(31)(32) | Reserves($)(30) | Reserves ($)(31)(32) | Reserve($)(30) | Reserves ($)(30) | Reserves ($)(31)(32)(33) | ||||||||||
Loan | 28 | The Parking Spot Portfolio | 37,444 | 6,974 | 3,404 | 681 | ||||||||||||||
Property | 28.01 | The Parking Spot Columbus | ||||||||||||||||||
Property | 28.02 | The Parking Spot Buffalo | ||||||||||||||||||
Loan | 29 | Hotel Preston | 69,099 | 9,871 | Springing | 180,000 | Springing | |||||||||||||
Loan | 30 | Arrowhead Shopping Center | 3,525 | 39,177 | 9,794 | Springing | 87,115 | 32,587 | Springing | |||||||||||
Loan | 31 | Chestnut Street | Springing | 81,146 | 10,144 | Springing | Springing | |||||||||||||
Loan | 32 | Renner Commerce Center Portfolio | 3,931 | 88,413 | 17,683 | 8,864 | 739 | 832,500 | ||||||||||||
Property | 32.01 | Renner Commerce Center - South | ||||||||||||||||||
Property | 32.02 | Renner Commerce Center - North | ||||||||||||||||||
Loan | 33 | Rockford Crossing | Springing | 42,695 | 21,348 | Springing | 375,000 | Springing | ||||||||||||
Loan | 34 | Shops at Randall Road | 3,259 | 43,078 | 21,539 | Springing | ||||||||||||||
Loan | 35 | Fort Myers Self Storage Portfolio | 39,258 | 6,543 | 11,177 | 5,589 | ||||||||||||||
Property | 35.01 | Estero Self Storage | ||||||||||||||||||
Property | 35.02 | Valuguard Self Storage | ||||||||||||||||||
Loan | 36 | Lancaster Towers | 42,817 | 10,704 | Springing | Springing | ||||||||||||||
Loan | 37 | Brookhaven MHP | 65,815 | 9,402 | Springing | 15,125 | ||||||||||||||
Loan | 38 | Park Villas Townhomes | 83,724 | 10,465 | 50,844 | 10,169 | ||||||||||||||
Loan | 39 | Evergreen Square | 6,920 | 17,677 | 1,475 | 1,475 | 26,400 | Springing | ||||||||||||
Loan | 40 | Rio Verde & Sagewood Apartments Portfolio | 18,457 | 3,691 | 11,786 | 1,964 | ||||||||||||||
Property | 40.01 | Sagewood Apartments | ||||||||||||||||||
Property | 40.02 | Rio Verde Apartments | ||||||||||||||||||
Loan | 41 | CSRA Food Lion Portfolio II (37) | 8,021 | 6,588 | 6,588 | 3,180 | 1,590 | 2,500 | 60,015 | |||||||||||
Property | 41.01 | Kimberly Park | ||||||||||||||||||
Property | 41.02 | Eden Center | ||||||||||||||||||
Loan | 42 | La Galleria at the Mills | 3,580 | 33,646 | 5,608 | 4,791 | 799 | 23,800 | ||||||||||||
Loan | 43 | Clive Distribution Center | 4,333 | 13,212 | 16,009 | Springing | 13,513 | 103,916 | Springing | |||||||||||
Loan | 44 | Days Inn | 3,651 | 3,651 | 6,383 | 1,277 | 240,000 | Springing | ||||||||||||
Loan | 45 | Dollar Self Storage - Tucson | 35,217 | 8,804 | 1,867 | 373 | ||||||||||||||
Loan | 46 | The Meadows Apartments | 47,787 | 7,964 | 42,404 | 3,534 | ||||||||||||||
Loan | 47 | Witte Oaks Apartments | 79,975 | 9,997 | 9,328 | 4,664 | 13,375 | |||||||||||||
Loan | 48 | Chambers Place | Springing | 22,239 | 7,413 | 8,328 | 833 | 13,412 | ||||||||||||
Loan | 49 | Sonora Cascade MHC | 27,749 | 4,625 | 6,534 | 653 | 101,769 | |||||||||||||
Loan | 50 | Walgreens Aurora, IN | Springing | Springing | ||||||||||||||||
Loan | 51 | Empire Central | 5,134 | 70,482 | 8,810 | 8,186 | 4,093 | Springing | ||||||||||||
Loan | 52 | Grove Park Shopping Center | 5,770 | Springing | 19,749 | 1,975 | Springing | |||||||||||||
Loan | 53 | Camelot Medical Office & Dunkin’ Donuts | 1,771 | 34,412 | 7,941 | 2,260 | 753 | 4,688 | Springing | |||||||||||
Loan | 54 | Parkway Plaza Shopping Center | 2,836 | Springing | 14,263 | 4,754 | Springing | |||||||||||||
Loan | 55 | Midvale Park Self Storage | 3,746 | 1,518 | 304 | Springing | ||||||||||||||
Loan | 56 | Fresenius Medical Care Lake City | Springing | 8,632 | 785 | 2,173 | 1,087 | |||||||||||||
Loan | 57 | Bonita Springs Self Storage (38) | 32,928 | 4,679 | 796 | 796 | ||||||||||||||
Loan | 58 | Fresenius Medical Care Greece | Springing | 8,610 | 1,230 | 743 | 372 | |||||||||||||
Loan | 59 | Storage Pros Lansing | 22,851 | 3,808 | 827 | 413 | ||||||||||||||
Loan | 60 | 4001 North Lincoln | 825 | 22,204 | 5,551 | Springing | ||||||||||||||
Loan | 61 | Terrace Oak Apartments | 5,423 | 5,602 | 1,867 | 175,813 | ||||||||||||||
Loan | 62 | Rhett at Remount | 2,667 | 38,216 | 4,246 | 13,216 | 1,468 | 135,952 | Springing | |||||||||||
Loan | 63 | Winchester Oaks Apartments | 14,384 | 3,596 | 7,937 | 1,323 | ||||||||||||||
Loan | 64 | All Star Storage | 12,181 | 1,015 | 3,826 | 383 | ||||||||||||||
Loan | 65 | Midvale Park RV Storage | 1,576 | 567 | 113 | Springing |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Other | Environmental | |||||||||
Property | Reserves | Report | Engineering | |||||||
Flag | ID | Property Name | Description | Date (34) | Report Date | |||||
Loan | 1 | 11 Madison Avenue (35)(36)(37) | Credit Suisse Sublease Payments (Upfront: $36,500,000); Sony Free Rent (Upfront: $18,847,898); Endorsement Fund (Upfront: $1,000) | 04/30/2015 | 04/30/2015 | |||||
Loan | 2 | NMS Los Angeles Multifamily Portfolio (35) | ||||||||
Property | 2.01 | Luxe at 1548 | 08/12/2015 | 06/23/2015 | ||||||
Property | 2.02 | Luxe at 1539 | 07/20/2015 | 06/23/2015 | ||||||
Property | 2.03 | Luxe at 1759 | 08/12/2015 | 06/23/2015 | ||||||
Property | 2.04 | NMS at Northridge | 08/12/2015 | 08/12/2015 | ||||||
Property | 2.05 | NMS at Warner Center | 08/12/2015 | 06/23/2015 | ||||||
Property | 2.06 | NMS at Superior | 08/12/2015 | 08/12/2015 | ||||||
Loan | 3 | Sandalwood Portfolio | ||||||||
Property | 3.01 | Oaks of Northgate | 07/17/2015 | 07/17/2015 | ||||||
Property | 3.02 | Cimarron Crossing | 07/17/2015 | 07/17/2015 | ||||||
Property | 3.03 | Brandon Oaks | 07/17/2015 | 07/17/2015 | ||||||
Property | 3.04 | Sugar Tree Apartments | 07/17/2015 | 07/17/2015 | ||||||
Property | 3.05 | Arlington Oaks | 07/17/2015 | 07/15/2015 | ||||||
Property | 3.06 | Lakeshire Place | 07/17/2015 | 07/17/2015 | ||||||
Property | 3.07 | Sundance Apartments | 07/17/2015 | 07/17/2015 | ||||||
Loan | 4 | Atlanta Multifamily Portfolio (37) | Capital Expenditure Funds Holdback (Upfront: 3,690,000); Tax Reassessment Reserve (Upfront: 500,000) | |||||||
Property | 4.01 | Rosemont Cityview Apartments | 07/13/2015 | 07/13/2015 | ||||||
Property | 4.02 | Dawson Forest Apartments | 07/13/2015 | 07/13/2015 | ||||||
Loan | 5 | The Drake | Ground Rent Reserve (Monthly: Springing) | 06/23/2015 | 06/24/2015 | |||||
Loan | 6 | Midwest Shopping Center Portfolio (37) | Ross Dress for Less Reserve (Upfront: 58,401); Lease Sweep Reserve (Springing Monthly: Excess Cash Flow) | |||||||
Property | 6.01 | Home Depot Shopping Center | 04/28/2015 | 05/18/2015 | ||||||
Property | 6.02 | Calumet Center | 04/28/2015 | 05/18/2015 | ||||||
Property | 6.03 | Waterloo Plaza | 04/28/2015 | 05/18/2015 | ||||||
Property | 6.04 | Broadway Plaza | 04/28/2015 | 05/18/2015 | ||||||
Property | 6.05 | Kansas Center | 04/28/2015 | 05/18/2015 | ||||||
Property | 6.06 | Neil Street Shopping Center | 04/28/2015 | 05/18/2015 | ||||||
Loan | 7 | Intellicenter | Morgan Stanley Reserve (Future one-time deposit: Springing); Major Tenant Rollover Reserve (Springing Monthly: Excess Cash Flow) | 07/16/2015 | 07/16/2015 | |||||
Loan | 8 | Hotel deLuxe | 04/14/2015 | 04/14/2015 | ||||||
Loan | 9 | Green Valley Corporate Center | 06/15/2015 | 06/18/2015 | ||||||
Loan | 10 | Chase Park | Free Rent Reserve (Upfront: 67,479); Lease Sweep Reserve (Springing Monthly: Excess Cash Flow) | 06/04/2015 | 06/04/2015 | |||||
Loan | 11 | Cookie Factory Lofts | Debt Service Reserve (Upfront: 360,353) | 08/13/2015 | 08/13/2015 | |||||
Loan | 12 | Windrift Apartments | Required Repairs Reserve (Future one-time deposit: Springing) | 07/06/2015 | 07/02/2015 | |||||
Loan | 13 | Village Square at Kiln Creek | Debt Service Reserve (Springing Monthly: Excess Cash Flow); Kmart BK Reserve (Future one-time deposit: Springing) | 08/10/2015 | 08/10/2015 | |||||
Loan | 14 | Ocala Portfolio - AHIP | PIP Reserve (Upfront: 3,170,000) | |||||||
Property | 14.01 | Courtyard Ocala | 06/05/2015 | 06/02/2015 | ||||||
Property | 14.02 | Residence Inn Ocala | 06/05/2015 | 06/02/2015 | ||||||
Property | 14.03 | Fairfield Inn & Suites Ocala | 06/11/2015 | 06/02/2015 | ||||||
Loan | 15 | Hilton Garden Inn Charlotte Airport | 06/25/2015 | 07/02/2015 | ||||||
Loan | 16 | GSP MHP Portfolio I | Sewer Charges Reserve (Upfront: 360,614) | |||||||
Property | 16.01 | Indian Creek Village | 08/11/2015 | 07/10/2015 | ||||||
Property | 16.02 | Cedar Manor MHP | 08/11/2015 | 07/10/2015 | ||||||
Loan | 17 | A&H Pacific | 06/10/2015 | 06/10/2015 | ||||||
Loan | 18 | WHG Extended Stay Portfolio | ||||||||
Property | 18.01 | Sun Suites Louisville | 08/20/2015 | 08/25/2015 | ||||||
Property | 18.02 | HomeTowne Suites Columbia | 08/20/2015 | 08/25/2015 | ||||||
Property | 18.03 | Sun Suites Alexandria | 08/21/2015 | 08/25/2015 | ||||||
Property | 18.04 | HomeTowne Suites Montgomery | 08/20/2015 | 08/25/2015 | ||||||
Property | 18.05 | Sun Suites Gainesville | 08/21/2015 | 08/25/2015 | ||||||
Loan | 19 | Greater Boston Industrial Portfolio I | ||||||||
Property | 19.01 | 65 Sunnyslope Avenue | 08/17/2015 | 08/17/2015 | ||||||
Property | 19.02 | 82 South Street | 08/20/2015 | 08/17/2015 | ||||||
Property | 19.03 | 19 Technology Drive | 08/17/2015 | 08/17/2015 | ||||||
Loan | 20 | Reserve at Conway | Required Renovations Reserve (Upfront: 1,391,748) | 07/17/2015 | 07/17/2015 | |||||
Loan | 21 | Chestnut Hill Apartments | 08/13/2015 | 08/12/2015 | ||||||
Loan | 22 | Hilton Greenville | Current PIP Renovations (Upfront: 3,776,500); Required Future PIP Renovations (Future one-time deposit: Springing) | 06/30/2015 | 07/06/2015 | |||||
Loan | 23 | The Phenix at Infinity Park II | 07/03/2015 | 07/07/2015 | ||||||
Loan | 24 | Cannon West Shopping Center | Bamboo Bistro Reserve (Upfront: 59,325); Anchor Tenant Rollover Reserve (Springing Monthly: Excess Cash Flow) | 08/12/2015 | 07/27/2015 | |||||
Loan | 25 | HGI Kennewick | PIP Reserve (Upfront: 375,000); Seasonality Reserve (Upfront: 85,000, Monthly: Springing) | 07/14/2015 | 07/15/2015 | |||||
Loan | 26 | Golf Center | Free Rent Reserve (Upfront: 60,167); Lease Sweep Reserve (Springing Monthly: Excess Cash Flow) | 03/31/2015 | 03/26/2015 | |||||
Loan | 27 | University Center | Specified Tenant Reserve (Springing Monthly: Excess Cash Flow) | 04/13/2015 | 04/10/2015 |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Other | Environmental | |||||||||
Property | Reserves | Report | Engineering | |||||||
Flag | ID | Property Name | Description | Date (34) | Report Date | |||||
Loan | 28 | The Parking Spot Portfolio | ||||||||
Property | 28.01 | The Parking Spot Columbus | 03/06/2015 | 03/09/2015 | ||||||
Property | 28.02 | The Parking Spot Buffalo | 03/06/2015 | 03/09/2015 | ||||||
Loan | 29 | Hotel Preston | Cash Flow Sweep Reserve (Springing Monthly: Excess Cash Flow) | 04/14/2015 | 04/14/2015 | |||||
Loan | 30 | Arrowhead Shopping Center | Free Rent Reserve (Upfront: 32,587); Lease Sweep Reserve (Springing Monthly: Excess Cash Flow) | 06/23/2015 | 06/29/2015 | |||||
Loan | 31 | Chestnut Street | Major Lease Reserve (Monthly: Springing) | 09/10/2015 | 09/09/2015 | |||||
Loan | 32 | Renner Commerce Center Portfolio | Disbursement Reserve (Upfront: 831,500); Fee Purchase Reserve (Upfront: 1,000) | |||||||
Property | 32.01 | Renner Commerce Center - South | 07/15/2015 | 07/17/2015 | ||||||
Property | 32.02 | Renner Commerce Center - North | 07/15/2015 | 07/17/2015 | ||||||
Loan | 33 | Rockford Crossing | Hobby Lobby Reserve (Upfront: 275,000); HomeGoods Reserve (Upfront: 100,000); HomeGoods/DSW Reserve (Springing Monthly: Excess Cash Flow); Required Repairs Reserve (Future one-time deposit: Springing; Springing Monthly: Excess Cash Flow) | 05/29/2015 | 05/21/2015 | |||||
Loan | 34 | Shops at Randall Road | 05/27/2015 | 05/27/2015 | ||||||
Loan | 35 | Fort Myers Self Storage Portfolio | ||||||||
Property | 35.01 | Estero Self Storage | 07/24/2015 | 07/21/2015 | ||||||
Property | 35.02 | Valuguard Self Storage | 07/24/2015 | 07/21/2015 | ||||||
Loan | 36 | Lancaster Towers | Debt Service Reserve (Future one-time deposit: Springing) | 08/14/2015 | 08/14/2015 | |||||
Loan | 37 | Brookhaven MHP | 08/11/2015 | 07/10/2015 | ||||||
Loan | 38 | Park Villas Townhomes | 06/11/2015 | 06/11/2015 | ||||||
Loan | 39 | Evergreen Square | Lease Sweep Reserve (Springing Monthly: Excess Cash Flow) | 07/06/2015 | 07/06/2015 | |||||
Loan | 40 | Rio Verde & Sagewood Apartments Portfolio | ||||||||
Property | 40.01 | Sagewood Apartments | 07/02/2015 | 07/06/2015 | ||||||
Property | 40.02 | Rio Verde Apartments | 07/02/2015 | 07/02/2015 | ||||||
Loan | 41 | CSRA Food Lion Portfolio II (37) | Outstanding TI Reserve (Upfront: 49,140); Free Rent Reserve (Upfront: 10,875) | |||||||
Property | 41.01 | Kimberly Park | 08/10/2015 | 04/20/2015 | ||||||
Property | 41.02 | Eden Center | 08/10/2015 | 04/20/2015 | ||||||
Loan | 42 | La Galleria at the Mills | Ontario Jewelry Reserve (Upfront: 23,800) | 05/05/2015 | 05/05/2015 | |||||
Loan | 43 | Clive Distribution Center | Free Rent Reserve (Upfront: 103,916); Major Tenant Lease Sweep Reserve (Springing Monthly: Excess Cash Flow) | 06/08/2015 | 06/05/2015 | |||||
Loan | 44 | Days Inn | Seasonality Reserve (Upfront: 240,000, Springing Monthly: 34,296) | 08/31/2015 | 08/28/2015 | |||||
Loan | 45 | Dollar Self Storage - Tucson | 07/30/2015 | 07/30/2015 | ||||||
Loan | 46 | The Meadows Apartments | 04/15/2015 | 04/15/2015 | ||||||
Loan | 47 | Witte Oaks Apartments | 07/16/2015 | 07/16/2015 | ||||||
Loan | 48 | Chambers Place | 07/10/2015 | 07/10/2015 | ||||||
Loan | 49 | Sonora Cascade MHC | 07/13/2015 | 08/03/2015 | ||||||
Loan | 50 | Walgreens Aurora, IN | 07/09/2015 | 07/10/2015 | ||||||
Loan | 51 | Empire Central | Lease Sweep Reserve (Springing Monthly: Excess Cash Flow) | 07/20/2015 | 07/20/2015 | |||||
Loan | 52 | Grove Park Shopping Center | Major Tenant Rollover Reserve (Springing Monthly: Excess Cash Flow) | 07/10/2015 | 07/10/2015 | |||||
Loan | 53 | Camelot Medical Office & Dunkin’ Donuts | Lease Sweep Reserve (Springing Monthly: Excess Cash Flow) | 08/13/2015 | 08/08/2015 | |||||
Loan | 54 | Parkway Plaza Shopping Center | Major Tenant Rollover Reserve (Springing Monthly: Excess Cash Flow) | 07/10/2015 | 07/09/2015 | |||||
Loan | 55 | Midvale Park Self Storage | Distribution Reserve (Future one-time deposit: Springing) | 06/30/2015 | 06/30/2015 | |||||
Loan | 56 | Fresenius Medical Care Lake City | 07/13/2015 | 07/14/2015 | ||||||
Loan | 57 | Bonita Springs Self Storage (38) | 07/28/2015 | 07/28/2015 | ||||||
Loan | 58 | Fresenius Medical Care Greece | 07/06/2015 | 07/07/2015 | ||||||
Loan | 59 | Storage Pros Lansing | 05/19/2015 | 05/19/2015 | ||||||
Loan | 60 | 4001 North Lincoln | 08/31/2015 | 08/14/2015 | ||||||
Loan | 61 | Terrace Oak Apartments | 06/08/2015 | 06/08/2015 | ||||||
Loan | 62 | Rhett at Remount | Major Tenant Rollover Reserve (Springing Monthly: Excess Cash Flow) | 07/27/2015 | 07/20/2015 | |||||
Loan | 63 | Winchester Oaks Apartments | 07/14/2015 | 07/16/2015 | ||||||
Loan | 64 | All Star Storage | 08/11/2015 | 08/11/2015 | ||||||
Loan | 65 | Midvale Park RV Storage | Distribution Reserve (Future one-time deposit: Springing) | 08/05/2015 | 08/05/2015 |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Property | Loan | |||||||||
Flag | ID | Property Name | Purpose | Sponsor (29) | Guarantor | |||||
Loan | 1 | 11 Madison Avenue (35)(36)(37) | Acquisition | SL Green Realty Corp. | SL Green Realty Corp. | |||||
Loan | 2 | NMS Los Angeles Multifamily Portfolio (35) | Refinance | Naum Neil Shekhter; Margot V. Shekhter | Naum Neil Shekhter; Margot V. Shekhter | |||||
Property | 2.01 | Luxe at 1548 | ||||||||
Property | 2.02 | Luxe at 1539 | ||||||||
Property | 2.03 | Luxe at 1759 | ||||||||
Property | 2.04 | NMS at Northridge | ||||||||
Property | 2.05 | NMS at Warner Center | ||||||||
Property | 2.06 | NMS at Superior | ||||||||
Loan | 3 | Sandalwood Portfolio | Refinance | Thomas D. Crowson, Sr., M.D. | Thomas D. Crowson, Sr., M.D. | |||||
Property | 3.01 | Oaks of Northgate | ||||||||
Property | 3.02 | Cimarron Crossing | ||||||||
Property | 3.03 | Brandon Oaks | ||||||||
Property | 3.04 | Sugar Tree Apartments | ||||||||
Property | 3.05 | Arlington Oaks | ||||||||
Property | 3.06 | Lakeshire Place | ||||||||
Property | 3.07 | Sundance Apartments | ||||||||
Loan | 4 | Atlanta Multifamily Portfolio (37) | Acquisition | Franck A. Ruimy | Franck A. Ruimy | |||||
Property | 4.01 | Rosemont Cityview Apartments | ||||||||
Property | 4.02 | Dawson Forest Apartments | ||||||||
Loan | 5 | The Drake | Refinance | Gary I. Squire; Claude E. Keener | Gary I. Squire; Claude E. Keener | |||||
Loan | 6 | Midwest Shopping Center Portfolio (37) | Refinance | Natin Paul | Natin Paul | |||||
Property | 6.01 | Home Depot Shopping Center | ||||||||
Property | 6.02 | Calumet Center | ||||||||
Property | 6.03 | Waterloo Plaza | ||||||||
Property | 6.04 | Broadway Plaza | ||||||||
Property | 6.05 | Kansas Center | ||||||||
Property | 6.06 | Neil Street Shopping Center | ||||||||
Loan | 7 | Intellicenter | Acquisition | City Office REIT Operating Partnership, L.P. | City Office REIT Operating Partnership, L.P. | |||||
Loan | 8 | Hotel deLuxe | Refinance | Gordon D. Sondland | Gordon D. Sondland | |||||
Loan | 9 | Green Valley Corporate Center | Refinance | Brian Greenspun; Danny Greenspun; Susan Fine; Jane Gale | American Nevada Holdings, LLC | |||||
Loan | 10 | Chase Park | Refinance | Benjamin Nazarian; Neil Kadisha | Benjamin Nazarian; Neil Kadisha | |||||
Loan | 11 | Cookie Factory Lofts | Refinance | Kevin T. McFadden; Robert W. Hargett; Daniel L. Hargett | Kevin T. McFadden; Robert W. Hargett; Daniel L. Hargett | |||||
Loan | 12 | Windrift Apartments | Refinance | Shaul Kopelowitz | Shaul Kopelowitz | |||||
Loan | 13 | Village Square at Kiln Creek | Refinance | C. Torrey Breeden; A. Kent Little | C. Torrey Breeden; A. Kent Little | |||||
Loan | 14 | Ocala Portfolio - AHIP | Acquisition | American Hotel Income Properties REIT Inc. | American Hotel Income Properties REIT Inc. | |||||
Property | 14.01 | Courtyard Ocala | ||||||||
Property | 14.02 | Residence Inn Ocala | ||||||||
Property | 14.03 | Fairfield Inn & Suites Ocala | ||||||||
Loan | 15 | Hilton Garden Inn Charlotte Airport | Refinance | Ashok Patel; Surendra Patel | Ashok Patel; Surendra Patel | |||||
Loan | 16 | GSP MHP Portfolio I | Refinance | Frank T. Perano | Frank T. Perano | |||||
Property | 16.01 | Indian Creek Village | ||||||||
Property | 16.02 | Cedar Manor MHP | ||||||||
Loan | 17 | A&H Pacific | Refinance | Moshe Aflalo; Efrem Harkham; Uri Harkham | Moshe Aflalo; Efrem Harkham; Uri Harkham | |||||
Loan | 18 | WHG Extended Stay Portfolio | Recapitalization | R-Roof Assets LLC | R-Roof Assets LLC | |||||
Property | 18.01 | Sun Suites Louisville | ||||||||
Property | 18.02 | HomeTowne Suites Columbia | ||||||||
Property | 18.03 | Sun Suites Alexandria | ||||||||
Property | 18.04 | HomeTowne Suites Montgomery | ||||||||
Property | 18.05 | Sun Suites Gainesville | ||||||||
Loan | 19 | Greater Boston Industrial Portfolio I | Acquisition | Christopher J. Knisley; Mark J. McInerney | Christopher J. Knisley; Mark J. McInerney | |||||
Property | 19.01 | 65 Sunnyslope Avenue | ||||||||
Property | 19.02 | 82 South Street | ||||||||
Property | 19.03 | 19 Technology Drive | ||||||||
Loan | 20 | Reserve at Conway | Acquisition | David J. Carlson; Mark A. Isaacson | David J. Carlson; Mark A. Isaacson | |||||
Loan | 21 | Chestnut Hill Apartments | Refinance | Ajay Gupta | Ajay Gupta | |||||
Loan | 22 | Hilton Greenville | Refinance | Michel Bittan; John VanCoutren | Michel Bittan; John VanCoutren | |||||
Loan | 23 | The Phenix at Infinity Park II | Refinance | Peter Eklund; Matthew Ferlic; Anthony Loeffler | Peter Eklund; Matthew Ferlic; Anthony Loeffler | |||||
Loan | 24 | Cannon West Shopping Center | Recapitalization | Kenneth Levy; Levy Family Trust Dated February 18, 1983, As Amended | Kenneth Levy; Levy Family Trust Dated February 18, 1983, As Amended | |||||
Loan | 25 | HGI Kennewick | Refinance | William J. Lawson | William J. Lawson | |||||
Loan | 26 | Golf Center | Refinance | Richard J. Robin | Richard J. Robin | |||||
Loan | 27 | University Center | Acquisition | Inland Private Capital Corporation | Inland Private Capital Corporation |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Property | Loan | |||||||||
Flag | ID | Property Name | Purpose | Sponsor (29) | Guarantor | |||||
Loan | 28 | The Parking Spot Portfolio | Recapitalization | TPS Parent, LLC | TPS Parent, LLC | |||||
Property | 28.01 | The Parking Spot Columbus | ||||||||
Property | 28.02 | The Parking Spot Buffalo | ||||||||
Loan | 29 | Hotel Preston | Refinance | Gordon D. Sondland | Gordon D. Sondland | |||||
Loan | 30 | Arrowhead Shopping Center | Acquisition | Investment Concepts, Inc. | Investment Concepts, Inc. | |||||
Loan | 31 | Chestnut Street | Acquisition | Daniel Blatteis | Daniel Blatteis | |||||
Loan | 32 | Renner Commerce Center Portfolio | Acquisition | John E. Shaffer | John E. Shaffer | |||||
Property | 32.01 | Renner Commerce Center - South | ||||||||
Property | 32.02 | Renner Commerce Center - North | ||||||||
Loan | 33 | Rockford Crossing | Acquisition | Inland Private Capital Corporation | Inland Private Capital Corporation | |||||
Loan | 34 | Shops at Randall Road | Acquisition | Laurence H. Weiner; Scott Inbinder | Laurence H. Weiner; Scott Inbinder | |||||
Loan | 35 | Fort Myers Self Storage Portfolio | Acquisition | Todd Michael Allen; William D. Wilson; Lewis G. Pollack; Hans D. Box | Todd Michael Allen; William D. Wilson; Lewis G. Pollack; Hans D. Box | |||||
Property | 35.01 | Estero Self Storage | ||||||||
Property | 35.02 | Valuguard Self Storage | ||||||||
Loan | 36 | Lancaster Towers | Refinance | Arthur M. Gellman; George I. Gellman; Clarke H. Narins | Arthur M. Gellman; George I. Gellman; Clarke H. Narins | |||||
Loan | 37 | Brookhaven MHP | Refinance | Frank T. Perano | Frank T. Perano | |||||
Loan | 38 | Park Villas Townhomes | Refinance | Graham Bennett | Graham Bennett | |||||
Loan | 39 | Evergreen Square | Acquisition | Lawrence Margolis; Jared Margolis; James Errant | Lawrence Margolis; Jared Margolis; James Errant | |||||
Loan | 40 | Rio Verde & Sagewood Apartments Portfolio | Acquisition | Paul F. Schultheis | Paul F. Schultheis | |||||
Property | 40.01 | Sagewood Apartments | ||||||||
Property | 40.02 | Rio Verde Apartments | ||||||||
Loan | 41 | CSRA Food Lion Portfolio II (37) | Acquisition | Louis J. Rogers | Louis J. Rogers | |||||
Property | 41.01 | Kimberly Park | ||||||||
Property | 41.02 | Eden Center | ||||||||
Loan | 42 | La Galleria at the Mills | Refinance | Fereidoon Roshan | Fereidoon Roshan | |||||
Loan | 43 | Clive Distribution Center | Acquisition | Kenneth Levy | Kenneth Levy | |||||
Loan | 44 | Days Inn | Recapitalization | Dane Allen Beck | Dane Allen Beck | |||||
Loan | 45 | Dollar Self Storage - Tucson | Refinance | The Thomson Family Trust, Dated June 18, 1997; John C. Thomson | The Thomson Family Trust, Dated June 18, 1997; John C. Thomson | |||||
Loan | 46 | The Meadows Apartments | Refinance | Paul Heule | Paul Heule | |||||
Loan | 47 | Witte Oaks Apartments | Acquisition | Mark D. Campbell | Mark D. Campbell | |||||
Loan | 48 | Chambers Place | Refinance | Robert L. Whelan | Robert L. Whelan | |||||
Loan | 49 | Sonora Cascade MHC | Refinance | Philip Hoon | Philip Hoon | |||||
Loan | 50 | Walgreens Aurora, IN | Acquisition | George R. Oberer, Sr. | George R. Oberer, Sr. | |||||
Loan | 51 | Empire Central | Acquisition | John Able | John Able | |||||
Loan | 52 | Grove Park Shopping Center | Acquisition | Wheeler Real Estate Investment Trust, Inc. | Wheeler Real Estate Investment Trust, Inc. | |||||
Loan | 53 | Camelot Medical Office & Dunkin’ Donuts | Refinance | Mark M. Mauer | Mark M. Mauer | |||||
Loan | 54 | Parkway Plaza Shopping Center | Acquisition | Wheeler Real Estate Investment Trust, Inc. | Wheeler Real Estate Investment Trust, Inc. | |||||
Loan | 55 | Midvale Park Self Storage | Refinance | John C. Thompson; The Thomson Family Trust, Dated June 18, 1997 | John C. Thompson; The Thomson Family Trust, Dated June 18, 1997 | |||||
Loan | 56 | Fresenius Medical Care Lake City | Acquisition | Louis J. Rogers | Louis J. Rogers | |||||
Loan | 57 | Bonita Springs Self Storage (38) | Recapitalization | Ryan L. Hanks | Ryan L. Hanks | |||||
Loan | 58 | Fresenius Medical Care Greece | Acquisition | Louis J. Rogers | Louis J. Rogers | |||||
Loan | 59 | Storage Pros Lansing | Acquisition | David M. Levenfeld; Ian M. Burnstein | David M. Levenfeld; Ian M. Burnstein | |||||
Loan | 60 | 4001 North Lincoln | Refinance | Daniel Blatteis | Daniel Blatteis | |||||
Loan | 61 | Terrace Oak Apartments | Refinance | Robert K. Fischer; Genevieve Conkey | Robert K. Fischer; Genevieve Conkey | |||||
Loan | 62 | Rhett at Remount | Refinance | Victory Real Estate Investments, LLC | Victory Real Estate Investments, LLC | |||||
Loan | 63 | Winchester Oaks Apartments | Acquisition | Harold Kulish; The Harold Kulish Trust under Agreement dated April 12, 1976; George M. Nyman | Harold Kulish; The Harold Kulish Trust under Agreement dated April 12, 1976; George M. Nyman | |||||
Loan | 64 | All Star Storage | Refinance | Douglas Christie; Karren Christie | Douglas Christie; Karren Christie | |||||
Loan | 65 | Midvale Park RV Storage | Refinance | John C. Thompson; The Thomson Family Trust, Dated June 18, 1997 | John C. Thompson; The Thomson Family Trust, Dated June 18, 1997 |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Existing | Future Debt | |||||||||||
Property | Additional Debt | Permitted | ||||||||||
Flag | ID | Property Name | Previous Securitization | Amount | Existing Additional Debt Description | Type | ||||||
Loan | 1 | 11 Madison Avenue (35)(36)(37) | CSMC 2006-C4 | 1,330,000,000 | $694,330,000 Pari Passu Debt; $310,670,000 Subordinate Secured Debt; $325,000,000 Mezzanine Debt | NAP | ||||||
Loan | 2 | NMS Los Angeles Multifamily Portfolio (35) | Various | 55,000,000 | Pari Passu Debt | NAP | ||||||
Property | 2.01 | Luxe at 1548 | ||||||||||
Property | 2.02 | Luxe at 1539 | FREMF 2010-K9 | |||||||||
Property | 2.03 | Luxe at 1759 | FREMF 2011-K11 | |||||||||
Property | 2.04 | NMS at Northridge | FREMF 2012-K709 | |||||||||
Property | 2.05 | NMS at Warner Center | COMM 2007-C9 | |||||||||
Property | 2.06 | NMS at Superior | ||||||||||
Loan | 3 | Sandalwood Portfolio | COMM 2006-C7 | None | NAP | |||||||
Property | 3.01 | Oaks of Northgate | COMM 2006-C7 | |||||||||
Property | 3.02 | Cimarron Crossing | COMM 2006-C7 | |||||||||
Property | 3.03 | Brandon Oaks | COMM 2006-C7 | |||||||||
Property | 3.04 | Sugar Tree Apartments | COMM 2006-C7 | |||||||||
Property | 3.05 | Arlington Oaks | COMM 2006-C7 | |||||||||
Property | 3.06 | Lakeshire Place | COMM 2006-C7 | |||||||||
Property | 3.07 | Sundance Apartments | COMM 2006-C7 | |||||||||
Loan | 4 | Atlanta Multifamily Portfolio (37) | Various | 5,000,000 | Mezzanine Debt | NAP | ||||||
Property | 4.01 | Rosemont Cityview Apartments | ||||||||||
Property | 4.02 | Dawson Forest Apartments | BSCMS 2006-PW13 | |||||||||
Loan | 5 | The Drake | None | NAP | ||||||||
Loan | 6 | Midwest Shopping Center Portfolio (37) | 5,500,000 | Mezzanine Debt | NAP | |||||||
Property | 6.01 | Home Depot Shopping Center | ||||||||||
Property | 6.02 | Calumet Center | ||||||||||
Property | 6.03 | Waterloo Plaza | ||||||||||
Property | 6.04 | Broadway Plaza | ||||||||||
Property | 6.05 | Kansas Center | ||||||||||
Property | 6.06 | Neil Street Shopping Center | ||||||||||
Loan | 7 | Intellicenter | None | NAP | ||||||||
Loan | 8 | Hotel deLuxe | CD 2007-CD5 | None | NAP | |||||||
Loan | 9 | Green Valley Corporate Center | GSMS 2006-GG8 | None | NAP | |||||||
Loan | 10 | Chase Park | None | NAP | ||||||||
Loan | 11 | Cookie Factory Lofts | None | NAP | ||||||||
Loan | 12 | Windrift Apartments | FREMF 2014-KF04 | None | NAP | |||||||
Loan | 13 | Village Square at Kiln Creek | CD 2005-CD1 | None | NAP | |||||||
Loan | 14 | Ocala Portfolio - AHIP | Various | None | NAP | |||||||
Property | 14.01 | Courtyard Ocala | MLMT 2006-C2 | |||||||||
Property | 14.02 | Residence Inn Ocala | ||||||||||
Property | 14.03 | Fairfield Inn & Suites Ocala | MLCFC 2007-9 | |||||||||
Loan | 15 | Hilton Garden Inn Charlotte Airport | None | NAP | ||||||||
Loan | 16 | GSP MHP Portfolio I | Various | None | NAP | |||||||
Property | 16.01 | Indian Creek Village | ||||||||||
Property | 16.02 | Cedar Manor MHP | WBCMT 2005-C21 | |||||||||
Loan | 17 | A&H Pacific | CSMC 2006-C4 | None | NAP | |||||||
Loan | 18 | WHG Extended Stay Portfolio | None | NAP | ||||||||
Property | 18.01 | Sun Suites Louisville | ||||||||||
Property | 18.02 | HomeTowne Suites Columbia | ||||||||||
Property | 18.03 | Sun Suites Alexandria | ||||||||||
Property | 18.04 | HomeTowne Suites Montgomery | ||||||||||
Property | 18.05 | Sun Suites Gainesville | ||||||||||
Loan | 19 | Greater Boston Industrial Portfolio I | None | NAP | ||||||||
Property | 19.01 | 65 Sunnyslope Avenue | ||||||||||
Property | 19.02 | 82 South Street | ||||||||||
Property | 19.03 | 19 Technology Drive | ||||||||||
Loan | 20 | Reserve at Conway | FREMF 2012-K20 | None | NAP | |||||||
Loan | 21 | Chestnut Hill Apartments | None | NAP | ||||||||
Loan | 22 | Hilton Greenville | CSFB 2005-C6 | None | NAP | |||||||
Loan | 23 | The Phenix at Infinity Park II | None | NAP | ||||||||
Loan | 24 | Cannon West Shopping Center | JPMCC 2005-CB12 | None | NAP | |||||||
Loan | 25 | HGI Kennewick | None | NAP | ||||||||
Loan | 26 | Golf Center | JPMCC 2005-CB13 | None | NAP | |||||||
Loan | 27 | University Center | None | Unsecured Subordinate Debt |
COMM 2015-CCRE27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Existing | Future Debt | |||||||||||
Property | Additional Debt | Permitted | ||||||||||
Flag | ID | Property Name | Previous Securitization | Amount | Existing Additional Debt Description | Type | ||||||
Loan | 28 | The Parking Spot Portfolio | None | NAP | ||||||||
Property | 28.01 | The Parking Spot Columbus | ||||||||||
Property | 28.02 | The Parking Spot Buffalo | ||||||||||
Loan | 29 | Hotel Preston | GSMS 2013-GC10 | None | NAP | |||||||
Loan | 30 | Arrowhead Shopping Center | None | NAP | ||||||||
Loan | 31 | Chestnut Street | None | NAP | ||||||||
Loan | 32 | Renner Commerce Center Portfolio | None | NAP | ||||||||
Property | 32.01 | Renner Commerce Center - South | ||||||||||
Property | 32.02 | Renner Commerce Center - North | ||||||||||
Loan | 33 | Rockford Crossing | None | Unsecured Subordinate Debt | ||||||||
Loan | 34 | Shops at Randall Road | CSFB 2005-C5 | None | NAP | |||||||
Loan | 35 | Fort Myers Self Storage Portfolio | None | NAP | ||||||||
Property | 35.01 | Estero Self Storage | WBCMT 2007-C34 | |||||||||
Property | 35.02 | Valuguard Self Storage | ||||||||||
Loan | 36 | Lancaster Towers | None | NAP | ||||||||
Loan | 37 | Brookhaven MHP | WBCMT 2005-C21 | None | NAP | |||||||
Loan | 38 | Park Villas Townhomes | None | NAP | ||||||||
Loan | 39 | Evergreen Square | None | NAP | ||||||||
Loan | 40 | Rio Verde & Sagewood Apartments Portfolio | None | NAP | ||||||||
Property | 40.01 | Sagewood Apartments | ||||||||||
Property | 40.02 | Rio Verde Apartments | ||||||||||
Loan | 41 | CSRA Food Lion Portfolio II (37) | 780,000 | Mezzanine Debt | NAP | |||||||
Property | 41.01 | Kimberly Park | ||||||||||
Property | 41.02 | Eden Center | ||||||||||
Loan | 42 | La Galleria at the Mills | JPMCC 2005-LDP4 | None | NAP | |||||||
Loan | 43 | Clive Distribution Center | None | NAP | ||||||||
Loan | 44 | Days Inn | None | NAP | ||||||||
Loan | 45 | Dollar Self Storage - Tucson | CSFB 2005-C6 | None | NAP | |||||||
Loan | 46 | The Meadows Apartments | None | NAP | ||||||||
Loan | 47 | Witte Oaks Apartments | None | NAP | ||||||||
Loan | 48 | Chambers Place | GSMS 2006-GG6 | None | NAP | |||||||
Loan | 49 | Sonora Cascade MHC | None | NAP | ||||||||
Loan | 50 | Walgreens Aurora, IN | None | NAP | ||||||||
Loan | 51 | Empire Central | None | NAP | ||||||||
Loan | 52 | Grove Park Shopping Center | None | NAP | ||||||||
Loan | 53 | Camelot Medical Office & Dunkin’ Donuts | None | NAP | ||||||||
Loan | 54 | Parkway Plaza Shopping Center | None | NAP | ||||||||
Loan | 55 | Midvale Park Self Storage | MSC 2005-HQ7 | None | NAP | |||||||
Loan | 56 | Fresenius Medical Care Lake City | None | NAP | ||||||||
Loan | 57 | Bonita Springs Self Storage (38) | None | Mezzanine | ||||||||
Loan | 58 | Fresenius Medical Care Greece | None | NAP | ||||||||
Loan | 59 | Storage Pros Lansing | None | NAP | ||||||||
Loan | 60 | 4001 North Lincoln | None | NAP | ||||||||
Loan | 61 | Terrace Oak Apartments | None | NAP | ||||||||
Loan | 62 | Rhett at Remount | GCCFC 2006-GG7 | None | NAP | |||||||
Loan | 63 | Winchester Oaks Apartments | None | Unsecured Subordinate Debt | ||||||||
Loan | 64 | All Star Storage | None | NAP | ||||||||
Loan | 65 | Midvale Park RV Storage | MSC 2005-HQ7 | None | NAP |
COMM 2015-CCRE27
FOOTNOTES TO ANNEX A-1
(1) | GACC—German American Capital Corporation or one of its affiliates; BNYM—The Bank of New York Mellon or one of its affiliates; CCRE—Cantor Commercial Real Estate Lending, L.P. or one of its affiliates; Keybank—KeyBank National Association or one of its affiliates. |
(2) | Loan No. 1 – 11 Madison Avenue – The Original Balance ($) and Cut-off Date Balance ($) of $70.0 million represents the non-controlling Note A-1-C2 of a $1.075 billion whole loan evidenced by sixteen senior pari passu and three subordinate notes. The remaining notes include twelve notes contributed to the MAD 2015-11MD transaction, including the nine non-controlling senior pari passu companion Notes A-1-S1, A-1-S2, A-1-S3, A-2-S1, A-2-S2, A-2-S3, A-3-S1, A-3-S2, A-3-S3 in the original principal amount of $397.53 million and the controlling three subordinate pari passu Notes B-1-S, B-2-S, B-3-S in the original principal amount of $310.67 million; the non-controlling pari passu note A-1-C1 that is expected to be contributed to the COMM 2015-CCRE26 transaction in the original principal amount of $70.0 million; one pari passu note held by held by GACC or an affiliate, the non-controlling Note A-1-C3, in the original principal amount of $69.6 million; the pari passu notes held by Morgan Stanley Bank, N.A. or an affiliate, including two senior non-controlling Notes A-2-C1 and A-2-C2 in the aggregate original principal amount of $91.7 million; and the pari passu notes held by Wells Fargo Bank, including the two senior non-controlling Notes A-3-C1 and A-3-C2 in the aggregate original principal amount of $65.5 million. With respect to the 11 Madison Avenue loan combination, so long as the 11 Madison Avenue subordinate companion loans are included in the MAD 2015-11MD mortgage trust, there will be no directing holder with respect to such loan combination. |
Loan No. 2 – NMS Los Angeles Multifamily Portfolio – The Original Balance ($) and Cut-off Date Balance ($) of $65.0 million represents the controlling Note A-1 of a $120.0 million whole loan evidenced by three pari passu notes. The pari passu companion loans are the non-controlling Note A-2 in the original principal amount of $30.0 million and the non-controlling Note A-3 in the original principal amount of $25.0 million, which are all currently held by CCRE or an affiliate. | |
(3) | With respect to any Mortgaged Property securing a multi-property Mortgage Loan, the amounts listed under the headings “Original Balance ($)” and “Cut-off Date Balance ($)” reflect the Allocated Loan Amount related to such Mortgaged Property. |
(4) | Loan No. 31 – Chestnut Street – The Chestnut Street Mortgaged Property’s Net Rentable Area (SF/Units/Rooms/Pads/Spaces) of 30 units contains an additional 3,282 sq. ft. of retail space. |
(5) | Loan No. 3 – Sandalwood Portfolio – Five of the seven properties that comprise the Sandalwood Portfolio Mortgaged Properties are subject to land use restriction agreements requiring 523 units to be leased to low income tenants who earn less than 80% of the area’s median income and to very low income tenants who earn less than 50% of the area’s median income. In addition, the Arlington Oaks property is legal non-conforming as to use because the mortgaged property was built as a multifamily property prior to the current zoning change. The mortgaged property may be rebuilt as multifamily property so long as not more than 50% of the fair market value of the mortgaged property is destroyed by a casualty. |
Loan No. 5 – The Drake – The Drake Mortgaged Property is subject to an inclusionary zoning covenant in favor of the Department of Housing and Community Development of the District of Columbia, requiring 17 of the 218 units to be leased to families with income levels at or below 80% of the area’s median income. | |
Loan No. 8 – Hotel deLuxe – The Hotel deLuxe Mortgaged Property is listed on the National Register of Historic Places. Because of this historic landmark status, any alteration to the exterior historical elements of the building requires Historic Resource Review, in accordance with the Portland Zoning Code. | |
Loan No. 11 – Cookie Factory Lofts – The listing on the National Register of Historic Places and the award of federal historic rehabilitation credits subject the Cookie Factory Lofts Mortgaged Property to restrictions limiting the borrower’s right to make structural modifications to the building inconsistent with the Department of the Interior’s standards for rehabilitation of historic structures. In addition, any structural modifications at the Mortgaged Property during the five year vesting period for the federal credits, which began with the date the rehabilitated structure was placed in service in November 2014, requires the consent of Sherwin Williams as allocatee of the federal historic credits. |
(6) | Loan No. 27 – University Center – The University Center Mortgage Loan has an ARD feature with an anticipated repayment date of October 1, 2025, with a revised interest rate for the period from the anticipated repayment date through the final maturity date of October 1, 2030, of the greater of (i) 7.9600% and (ii) 3.5000% plus the ten-year swap yield as of the first business day after the anticipated repayment date. The revised interest rate will not exceed 9.4600%. Loan No. 33 – Rockford Crossing – The Rockford Crossing Mortgage Loan has an ARD feature with an anticipated repayment date of October 1, 2025, with a revised interest rate for the period from the anticipated repayment date through the final maturity date of October 1, 2030, of the greater of (i) 7.9600% and (ii) 3.5000% plus the ten-year swap yield as of the first business day after the anticipated repayment date. The revised interest rate will not exceed 9.4600%. |
(7) | The Administrative Fee Rate includes the respective per annum rates applicable to the calculation of the servicing fee, any sub-servicing fee, trustee/certificate administrator fee, operating advisor fee and CREFC® license fee with respect to each Mortgage Loan. For purposes of this Annex A-1, the definition of Administrative Fee Rate as it relates to any Non-Serviced Mortgage Loan includes the related Pari Passu Loan Primary Servicing Fee Rate which includes the “primary servicing fee rate” (as defined or set forth in the applicable pooling and servicing agreement) and any other related servicing fee rate (other than those payable to the applicable special servicer) applicable to such Non-Serviced Mortgage Loan that constitutes a portion of the “servicing fee rate” applicable to the other master servicer under the applicable other pooling and servicing agreement. The Pari Passu Loan Primary Servicing Fee Rate for the 11 Madison Avenue Loan will be 0.00125%. |
(8) | Loan No. 4 – Atlanta Multifamily Portfolio – Following an initial 18-month interest only period, the Atlanta Multifamily Portfolio Mortgage Loan amortizes on a planned amortization schedule provided in Annex H to the free writing prospectus. As such, the Cut-off Date Balance ($), Maturity or ARD Balance ($), Monthly Debt Service ($), Annual Debt Service ($), Underwritten NOI DSCR and Underwritten NCF DSCR all reflect this fixed amortization schedule. The amount of Monthly Debt Service shown in Annex A-1 was calculated using the average of principal and interest payments over the first 12 months following the initial interest only period. Underwritten NOI DSCR and Underwritten NCF DSCR were calculated using the average Monthly Debt Service previously stated. |
(9) | Annual Debt Service, Monthly Debt Service, Underwritten NOI DSCR and Underwritten NCF DSCR for Mortgage Loans (i) with partial interest only periods are shown based on the monthly debt service payment immediately following the expiration of the interest only period and (ii) that are interest only until the related maturity date are shown based on the interest only payments during the 12-month period following the Cut-off Date (or, in the case of Monthly Debt Service, the average of such interest only payments) without regard to leap year adjustments. |
(10) | “Hard” generally means each tenant is required to transfer its rent directly to the lender-controlled lockbox account. However, with respect to hospitality properties, “Hard” means all credit card receipts are deposited directly into the lockbox by the card processing company and all over-the-counter cash and equivalents are deposited by the property manager or borrower into the lockbox. “Soft” means the borrower has established a lockbox account that will be under lender control and the borrower or property manager must collect rents from the tenants and then deposit those rents into such lockbox account. “Springing Soft” means that upon the occurrence of a trigger event (as specified in the related Mortgage Loan Documents), the borrower is required to establish a lockbox account that will be under lender control and the borrower or property manager is required to collect rents from the tenants and then deposit those rents into such lockbox account. “Springing Hard” means that upon a trigger event (as specified in the related Mortgage Loan Documents), each tenant will be required to transfer its rent directly to a lender-controlled lockbox. “Soft Springing Hard” means that the borrower has established a lockbox account that will be under lender control and the borrower or property manager must collect rents from the tenants and then deposit those rents into such lockbox account. Upon a trigger event (as specified in the related Mortgage Loan documents), each tenant will be required to transfer its rent directly into a lender-controlled lockbox. |
(11) | “In Place” means that related property cash flows go through a waterfall of required reserve or other payment amounts due before the lender either (i) disburses excess cash to the related borrower or (ii) retains excess cash as additional collateral for the Mortgage Loan. “Springing” means that upon the occurrence of a trigger event, as defined in the related Mortgage Loan Documents, In Place cash |
management (as described above) will take effect, and will generally continue until all trigger events are cured (to the extent a cure is permitted under the related Mortgage Loan Documents). | |
(12) | Loan No. 1 – 11 Madison Avenue – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area (SF/Units/Rooms/Pads/Spaces) are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate. Loan No. 2 – NMS Los Angeles Multifamily Portfolio– The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area (SF/Units/Rooms/Pads/Spaces) ($)are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate. |
(13) | Loan No. 1 – 11 Madison Avenue – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area (SF/Units/Rooms/Pads/Spaces) ($) calculations exclude the 11 Madison Avenue subordinate secured debt. |
(14) | The grace periods noted under “Grace Period” reflect the number of days of grace before a payment default is an event of default. Certain jurisdictions impose a statutorily longer grace period. Certain of the Mortgage Loans may additionally be subject to grace periods with respect to the occurrence of an event of default (other than a payment default) and/or commencement of late charges which are not addressed in Annex A-1 to this free writing prospectus. Loan No. 19 – Greater Boston Industrial Portfolio I – The late payment fee will be waived if any principal, interest or any other sum due under the loan documents (other than the outstanding principal balance due and payable on the maturity date) is paid within five business days following the date on which it is due. |
(15) | Loan No. 2 – NMS Los Angeles Multifamily Portfolio – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value ($) are based on the Portfolio “As Is” value of $174.3 million, which reflects a premium attributed to the aggregate value of the NMS Los Angeles Multifamily Portfolio Mortgage Loan as a whole. The sum of the value of each of the properties on an individual basis is $163.8 million, which represents a Cut-off Date LTV of 73.3%. This value of the properties on an individual basis does not consider the springing deed restriction related to the Luxe at 1548 Mortgaged Property (described in footnote 33 below). Loan No. 3 – Sandalwood Portfolio – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value ($) are based on the Portfolio “As Is” value of $99.31 million, which reflects a premium attributed to the aggregate value of the Sandalwood Portfolio Mortgage Loan as a whole. The sum of the value of each of the properties on an individual basis is $97.58 million, which represents a Cut-off Date LTV of 64.5%. |
Loan No. 4 – Atlanta Multifamily Portfolio – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value ($) are based on the “As Renovated” value of $69.3 million, which takes into account upgrades being performed at each property. Based on the “As-is” appraised value of $63.8 million, the Cut-off Date LTV is 70.5%. Loan No. 6 – Midwest Shopping Center Portfolio – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value ($) are based on the Portfolio “As Is” value of $56.63 million, which reflects a premium attributed to the aggregate value of the Midwest Shopping Center Portfolio Mortgage Loan as a whole. The sum of the value of each of the properties on an individual basis is $54.6 million, which represents a Cut-off Date LTV of 69.9%. | |
Loan No. 20 – Reserve at Conway – Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value ($) with respect to the loan is based on the “As Complete” value of $20.1 million, which assumes planned capital expenditures at the property are completed by July, 1 2016. At closing, the borrower deposited approximately $1.4 million into a required repairs reserve to cover the full cost of the borrower’s capital expenditures budget. Based on the “As-is” appraised value of $18.6 million, the Cut-off Date LTV is 79.6%. |
(16) | Prepayment Provisions are shown from the respective Mortgage Loan First Payment Date. “L(x)” means lock-out for x payments. “D(x)” means may be defeased for x payments. “YM1(x)” means may be prepaid for x payments with payment of the greater of a yield maintenance charge and 1% of the amount prepaid. “YM2(x)” means may be prepaid for x payments with payment of the greater of a yield maintenance charge and 2% of the amount prepaid. “O(x)” means freely prepayable for x payments, including the maturity date or anticipated repayment date. Certain of the Mortgage Loans permit the release of a portion of a Mortgaged Property (or an individual Mortgaged Property, in connection with a portfolio mortgage loan) under various circumstances, as described in this free writing prospectus. See “Description of the Mortgage Pool—Certain Terms and Conditions of the Mortgage Loans—Property Releases” in this free writing prospectus. |
(17) | Loan No. 1 – 11 Madison Avenue – The lockout period will be at least 25 payment dates beginning with and including the first payment date of October 6, 2015. Defeasance of the full $1.075 billion 11 Madison Avenue Loan Combination is permitted after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu note to be securitized, and (ii) August 18, 2018. The assumed lockout period of 25 payments is based on the expected COMM 2015-CCRE27 securitization closing date in October 2015. The actual lockout period may be longer. Loan No. 2 – NMS Los Angeles Multifamily Portfolio – The lockout period for defeasance will be at least 25 payment dates beginning with and including the first payment date of October 6, 2015. Defeasance of the full $120.0 million NMS Los Angeles Multifamily Loan Combination is permitted on or after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu note to be securitized and (ii) October 6, 2019. The assumed lockout period of 25 payments is based on the expected COMM 2015-CCRE27 securitization closing date in October 2015. The actual lockout period may be longer. |
(18) | Loan No. 2 – NMS Los Angeles Multifamily Portfolio – After the expiration of the lockout period and prior to the open period, the borrower may obtain the release of an individual property upon a bona fide third-party sale provided, among other things, (i) no event of default has occurred and is continuing, (ii) the borrower partially defeases in an amount equal to the greater of, with respect to the individual property to be released (a) 125% of the allocated loan amount and (b) 100% of the net sales proceeds, (iii) the combined LTV of the remaining properties is less than or equal to the lessor of (a) 68.8% or (b) the LTV immediately prior to the release, (iv) the combined DSCR of the remaining properties is equal to or exceeds the greater of (a) 1.20x or (b) the DSCR immediately prior to the release, (v) the combined debt yield of the remaining properties is equal to or exceeds the greater of (a) 6.0% or (b) the debt yield immediately prior to the release and (vi) prior to (or concurrent with) the release of either of the Luxe at 1539 Street or Luxe at 1548 Street Mortgaged Properties, the borrower is required to obtain the release of two of the following properties: (a) the Beloit Property, (b) the Vanowen Property or (c) the Zelzah Property. |
Loan No. 3 – Sandalwood Portfolio – At any time after the lockout period, the borrower may obtain the release of an individual property upon a bona fide third-party sale, provided, among other things, (i) the LTV for the remaining properties does not exceed the lesser of the LTV immediately preceding such release and 63.4%, (ii) the DSCR for the remaining properties is not less than the greater of the DSCR immediately preceding the partial release and 1.54x, (iii) borrower partially defeases to lender the greater of 125% of the allocated loan amount for the released property or 100% of the net sales proceeds from the released property and (iv) the ratio of unpaid principal balance of the LTV of the properties is greater than 125%. |
Loan No. 6 – Midwest Shopping Center Portfolio – At any time after the lockout period, the borrower may obtain the release of an individual property upon a bona fide third-party sale, provided, among other things, (i) the LTV for the remaining properties does not exceed the lesser of the LTV immediately preceding such sale and 77.3%, (ii) the DSCR for the remaining properties is not less than the greater of the DSCR immediately preceding the sale and 1.19x and (iii) borrower partially defeases to lender a release amount equal to the greater of (a) 87.443% of net sale proceeds and (b) 120% of the allocated loan amount for the property being sold. | |
Loan No. 14 – Ocala Portfolio - AHIP – At any time after the lockout period, the borrower may obtain the release of an individual property upon a bona fide third-party sale, provided, among other things, (i) no event of default has occurred and is continuing, (ii) if the debt yield for the remaining properties is less than 15% then the LTV for the remaining properties does not exceed the lesser of the LTV immediately preceding such release and 61.3%, (iii) the DSCR for the remaining properties is not less than the greater of the DSCR immediately preceding the partial release and 2.30x and (iv) borrower partially defeases to lender 110% of the allocated loan amount for the released property. Loan No. 16 – GSP MHP Portfolio I – On any date after the expiration of the lockout period and prior to the open prepayment date, the borrower may obtain the release of the Cedar Manor MHP Mortgaged Property upon a bona fide third-party sale provided, among other things, (i) the LTV for the Indian Creek Village Mortgaged Property does not exceed the lesser of the LTV immediately preceding such sale and 75.0%, (ii) the DSCR for the Indian Creek Village Mortgaged Property is not less than the greater of the DSCR immediately preceding the sale and 1.30x, (iii) borrower partially defeases to lender an amount equal to the greater of (a) 120% of the allocated loan amount for Cedar Manor MHP Mortgaged Property (which ALA is equal to $ $8,880,000) and (b) 100% of the net sales proceeds. | |
Loan No. 18 – WHG Extended Stay Portfolio – Any time after the lockout period ends and prior to the open date, the borrowers may release a property, provided, among other things per the loan documents, (i) no event of default has occurred and is continuing, (ii) the borrowers defease a portion of the loan equal to the greater of (A) (a) 125% of the Amortized Allocated Loan Amount or (b) 100% of Net Sales Proceeds with respect to such Individual Property, (B) the DSCR for the remaining properties is no less than the greater of 1.25x and the DSCR immediately preceding such release, (C) the LTV for the remaining properties is no greater than 70.0% and (D) the Debt Yield for the remaining properties is no less than 12.0%. Loan No. 28 – The Parking Spot Portfolio – Any time after the lockout period ends and prior to the open date, the borrowers may release a property, provided, among other things per the loan documents, (i) no event of default has occurred and is continuing, (ii) the borrowers defease a portion of the loan equal to the greater of (a) 125% of the allocated loan amount or (b) 85% of the proceeds from the sale of the applicable individual property, (iii) the DSCR for the remaining property is no less than 1.98x based on the trailing 12 months, (iv) the LTV for the remaining property is no greater than 63.32% and (v) the debt yield is no less than 13.2%. | |
Loan No. 32 – Renner Commerce Center Portfolio – Any time after the lockout period ends and prior to the open date, the borrowers may release a property, provided, among other things per the loan documents, (i) no event of default has occurred and is continuing, (ii) the borrowers defease a portion of the loan equal to the greater of (a) 125% of the allocated loan amount or (b) 85% of the net proceeds from the sale of the applicable individual property, (iii) the DSCR for the remaining property based on the trailing 12 months is no less than the greater of 1.30x and the DSCR immediately preceding such release, (iv) the LTV for the remaining property is no greater than the lesser of 75% and the LTV immediately preceding such release and (v) the debt yield for the remaining property is no less than the greater of 8.0% and the debt yield immediately preceding such release. | |
Loan No. 39 – Evergreen Square – The borrower may release the Citi Trends easement parcel and/or the release parcel provided, among other things, (i) the LTV for the remaining property does not exceed 125% and (ii) upon release of the Citi Trends easement parcel, the monthly taxes will be reduced to cover only the remaining property. Loan No. 40 – Rio Verde & Sagewood Apartments Portfolio – Any time after the lockout period ends and prior to the open date, the borrower may release a property, provided, among other things per the loan documents, (i) no event of default has occurred and is continuing, (ii) the borrower defeases a portion of the loan equal to the greater of (a) 115% of the allocated loan amount or (b) 80% of the net proceeds from the sale of the applicable individual property, (iii) the DSCR for the remaining property based on the trailing 12 months is no less than the greater of 2.30x and the DSCR immediately preceding such release and (iv) the |
LTV for the remaining property is no greater than the lesser of 63.3% and the LTV immediately preceding such release. | |
(19) | Loan No. 27 – University Center – The University Center Mortgage Loan represents the acquisition of a recently stabilized property. The Most Recent NOI($) and Second Most Recent NOI($) reflect the low operating performance of the Mortgaged Property in 2013 and 2014, during which time the Mortgaged Property was being re-tenanted and renovated. Loan No. 33 – Rockford Crossing – The Rockford Crossing Mortgage Loan represents the acquisition of a recently stabilized property. The Most Recent NOI($) and Second Most Recent NOI($) reflect the low operating performance of the Mortgaged Property in 2014 and 2015, during which time the Mortgaged Property was being re-tenanted and renovated. |
(20) | Loan No. 16 – GSP MHP Portfolio I – The collateral for the GSP MHP Portfolio I Mortgage Loan consists of both the fee and leasehold interests in both the Indian Creek Village Mortgaged Property and Cedar Manor MHP Mortgaged Property. The fee owner, an affiliate of the borrower, is obligated to lender under a fee mortgage. |
(21) | The following Mortgaged Properties consist, in whole or in part, of the respective borrower’s interest in one or more ground leases, space leases, air rights leases or other similar leasehold interests: |
Loan No. 1 – 11 Madison Avenue – The 11 Madison Avenue Mortgaged Property is subject, in part, to a New York City Industrial Development Agency (“IDA”) and a New York City Industrial and Commercial Incentive Program (“ICIP”) tax abatement. A portion of the property consisting of the leasehold interests in 9 condominium units, the related fee simple interests of which are owned by the New York City Industrial Development Agency, is subject to a certain Overlease Agreement dated December 22, 1995, by and between the borrower (as successor to tenant’s interest) and the IDA (as assigned and/or amended, the “11 Madison Avenue Overlease”). The rent under the 11 Madison Avenue Overlease is $10 for the full term and has been fully prepaid. The purpose of the 11 Madison Avenue Overlease is to substitute real property tax obligations with payments in lieu of real estate taxes. Credit Suisse is required to pay all PILOT pursuant to a PILOT Agreement dated December 1, 1995 between the IDA and Credit Suisse; however, the borrower has agreed to make such payments with respect to certain space subleased by it from Credit Suisse. See “11 Madison Avenue—Major Tenants” on Annex B to the free writing prospectus. The IDA structure terminates on December 31, 2016. If the 11 Madison Avenue Overlease terminates for any reason, the fee interest in the condominium units subject to the 11 Madison Avenue Overlease reverts back to the borrower. The mortgage provides that upon any such reversion of condominium units to the borrower, such condominium units will automatically be subject to the mortgage. | |
Loan No. 5 – The Drake – The Drake Mortgaged Property is subject to a ground lease with The Trustees of the First Baptist Church of the City of Washington D.C. as ground lessor. The ground lease expires on November 30, 2111, with no renewal options. The current annual ground rent payment is $1,008,042.09 per annum. On December 1 of each year during the term of The Drake Mortgage Loan, the ground rent payments for the 12-month period commencing on such date will be subject to adjustment by the percentage increase in the Consumer Price Index for the prior calendar year, subject to a floor of 2% per annum and a ceiling of 4% per annum. | |
Loan No. 32 – Renner Commerce Center Portfolio – The Renner Commerce Center - South Mortgaged Property is subject to a ground lease with an expiration date of June 1, 2020 and one, five-year extension option. The property is the subject of a ground lease that was created in connection with the issuance of municipal bonds to provide funding of the construction costs improvements to such property, and in connection with conferring tax abatement on such property. The annual ground rent under the lease is equal to the monthly amount which will be sufficient to pay, on June 1 of each year, all amounts then due on all outstanding bonds. | |
(22) | Loan No. 28 – The Parking Spot Portfolio – The Parking Spot Portfolio Mortgaged Properties are 100.0% owner-operated under the Parking Spot brand, an affiliate of the loan sponsor. |
(23) | The lease expiration dates shown are based on full lease terms. However, in certain cases, a tenant may have the option to terminate its lease or abate rent prior to the stated lease expiration date for no reason after a specified period of time and/or upon notice to the landlord or upon the occurrence of certain contingencies including, without limitation, if landlord violates the lease or fails to provide utilities or certain |
essential services for a specified period or allows certain restricted uses, upon interference with tenant’s use of access or parking, upon casualty or condemnation, for zoning violations, if certain anchor or key tenants (including at an adjacent property) or a certain number of tenants go dark or cease operations, if a certain percentage of the net rentable area at the property is not occupied, if the tenant fails to meet sales targets or business objectives, or, in the case of a government tenant, for lack of appropriations or other reasons. In addition, in some instances, a tenant may have the right to assign its lease and be released from its obligations under the subject lease. Furthermore, some tenants may have the option to downsize their rented space without terminating the lease completely. In addition to the foregoing, the following are early non-contingent termination options for those tenants listed in Annex A-1: | |
Loan No. 1 – 11 Madison Avenue – The Largest Tenant, Credit Suisse, has the right to terminate one full floor provided such floor is either the highest of floors 2 through 18 then leased or the highest of floors 19 through 28 then leased, upon at least 15 months’ advance notice. The termination must be effective on the last day of a month occurring between May 2022 and April 2027 (inclusive). Loan No. 7 – Intellicenter – The 2nd Largest Tenant, Morgan Stanley, has the one-time right to terminate its lease effective March 31, 2019, with 12 months’ prior written notice and payment of an $855,214 termination fee. The borrower is required to deposit into a Morgan Stanley reserve within one business day of receipt any fees or payments received in connection with the rejection, buy-out, termination, surrender, or cancellation of the Morgan Stanley lease. | |
Loan No. 27 – University Center – The 2nd Largest Tenant, TJ Maxx, has the right to terminate its lease effective March 31, 2020, with six months’ prior notice and payment of a $433,206 termination fee. Loan No. 34 – Shops at Randall Road – The 3rd Largest Tenant, Shoe Carnival, may terminate its lease effective January 1, 2018 if gross sales do not exceed $235 PSF during January 2, 2016 through January 1, 2017, so long as 6 months’ notice is provided, subject to a termination fee of $50,000. | |
(24) | Loan No. 1 – 11 Madison Avenue – The Largest Tenant, Credit Suisse, recently renewed its lease at the 11 Madison Avenue Property through May 31, 2037 for 1,079,655 sq. ft. (which includes 862,269 sq. ft. of office space, 203,863 sq. ft. of concourse space and 13,523 sq. ft. of lobby/storage space. Credit Suisse currently occupies an additional 177,626 sq. ft. of office space and 8,770 sq. ft. of storage space that will expire in May 2017. |
(25) | The following major tenants (listed on Annex A-1) are currently subleasing all or a significant portion of its leased space: |
Loan No. 13 – Village Square at Kiln Creek – The Largest Tenant, Kmart Corporation (“Kmart”), is currently subleasing 92,348 sf. ft. to Kroger Limited Partnership I (“Kroger”), the 2nd Largest Tenant, with a lease expiration of September 30, 2033. Furthermore, Kmart has entered into two ground subleases with Kroger Fuel Pad and Chick-Fil-A, Inc. on two outparcels with lease expirations of September 30, 2033, and March 31, 2016, respectively. In the event Kmart vacates upon lease expiration on November 30, 2018, the Kroger lease will convert into a direct lease with the borrower and the Kroger Fuel Pad and Chick-Fil-A, Inc. ground subleases will convert into direct ground leases with the borrower. Loan No. 24 – Cannon West Shopping Center - The Largest Tenant, Albertson’s, is subleasing 12,000 sq. ft. to Loco-Motion Inflatable Play and 18,025 sq. ft. to Gateway Community Church, Inc. | |
(26) | The following major tenants shown on Annex A-1 have abated, free or prepaid rent: |
Loan No. 1 – 11 Madison Avenue - At closing, the borrower deposited $18,847,898 into a Sony free rent reserve account for rent concessions with respect to the Sony lease, for monthly payments starting September 2015 through August 2016. Loan No. 9 – Green Valley Corporate Center – The 3rd Largest Tenant, Amica Mutual Insurance Company, is entitled to one month of free rent in February 2017. The 5th Largest Tenant, PAR Springer-Miller Systems, is in a free rent period through October 31, 2015. Loan No. 10 – Chase Park – At closing, the borrower deposited $47,690 into a free rent reserve for free rent concessions with respect to the 2nd Largest Tenant, Austin Stone Church, for the month of September 2015, as well as an additional $19,789 for two additional tenants that account for 1.7% of total NRA. |
Loan No. 26 – Golf Center – At closing, the borrower deposited $60,167 into a free rent reserve for free rent concessions with respect to the Party City lease and the Royal Foot Spa lease for monthly payments starting in September 2015 through December 2015. Loan No. 30 – Arrowhead Shopping Center – At closing, the borrower deposited $14,144 into a free rent reserve account for rent concessions with respect to Arrowhead Martial Arts, the 5th Largest Tenant, for monthly payments starting October 2015 through December 2015. | |
Loan No. 43 – Clive Distribution Center – At closing, the borrower deposited $103,916 into a free rent reserve for free rent concessions with respect to the Largest Tenant, Centennial Logistics, LLC, for the five months including October 2015, November 2016, December 2017, January 2019 and February 2020, as well as for free rent concessions with respect to the 2nd Largest Tenant, SMA Midwest, LLC, for the two months of January 2016 and February 2017. | |
(27) | The tenants shown in the Annex A-1 have signed leases but may or may not be open for business as of the cutoff date of the securitization. |
Loan No. 1 – 11 Madison Avenue – The 2nd Largest Tenant, Sony, which leases approximately 25.3% of the NRA at the 11 Madison Avenue Mortgaged Property, has not yet taken occupancy. The Sony space is being built out for such tenant. Loan No. 10 – Chase Park – The 2nd Largest Tenant, Austin Stone Church, which leases approximately 10.4% of the NRA at the Chase Park Mortgaged Property, has not yet taken occupancy. The tenant is expected to take occupancy of 28,614 sq. ft. of its space on November 1, 2015 and the remaining 1,245 sq. ft. on October 1, 2016. Loan No. 19 – Greater Boston Industrial Portfolio I – The Largest Tenant at the 19 Technology Drive Mortgaged Property, Accelerated Media Technologies, Inc., is not yet in occupancy of its expansion space of 1,600 sq. ft. The tenant will take occupancy of such space on February 1, 2016 per the terms of its lease amendment. | |
(28) | Loan No. 10 – Chase Park – Occupancy includes the executed expansion space lease (3.0% of NRA) for Seton, the Largest Tenant. The expansion space lease commences at the earlier of (i) tenant work completion or (ii) November 1, 2015. |
(29) | Loan No. 1 – 11 Madison Avenue – The borrowers, 11 Madison Avenue Owner LLC, 11 Madison Avenue Owner 2 LLC, 11 Madison Avenue Owner 3 LLC, 11 Madison Avenue Owner 4 LLC, 11 Madison Avenue Owner 5 LLC and 11 Madison Avenue Owner 6 LLC, are structured as tenants-in-common and are each a Delaware limited liability company structured to be bankruptcy-remote, with two independent directors in its organizational structure. The sponsor of the borrowers and the non-recourse carveout guarantor is SL Green Realty Corp. |
Loan No. 4 – Atlanta Multifamily Portfolio – The borrowers, 3Mind Rosemont Cityview, LLC, SG Atlantic, LLC, SG Moezinia, LLC, SG Single, LLC and SG Avaria, LLC (collectively, “Rosemont Cityview Apartments Borrower”), and 3Mind Dawson Forest, LLC, SG Atlantic, LLC, SG Moezinia, LLC, SG Single, LLC and SG Avaria, LLC (collectively, “Dawson Forest Apartments Borrower”); are each newly formed Delaware limited liability companies. 3Mind Rosemont Cityview, LLC and 3Mind Dawson Forest, LLC are each known as a “3Mind Borrower” and are collectively known as the “3Mind Borrowers”. SG Atlantic, LLC, SG Moezinia, LLC, SG Single, LLC, and SG Avaria, LLC are collectively known as the “Core TIC Group”. Rosemont Cityview Apartments is owned by the Core TIC Group and 3Mind Rosemont Cityview, LLC as tenants-in-common and Dawson Forest Apartments is owned by the Core TIC Group and 3Mind Dawson Forest, LLC as tenants-in-common. Each borrower is managed by Franck A. Ruimy. Franck A. Ruimy is the sponsor of each of the 3Mind Borrowers, the manager of each of the borrowers and the non-recourse carve-out guarantor for the Atlanta Multifamily Portfolio Loan. | |
Loan No. 17 – A&H Pacific – The borrowers, 1151 Maple-1-AHPP, LLC, 1151 Maple-37.125-EHS, LLC, 1151 Maple-37.125 HFE, LLC and 1151 Maple-24.75-1151MA, LLC, are structured as tenants-in-common, are each a Delaware limited liability company structured to be bankruptcy-remote, with one independent director in its organizational structure. The sponsors of the borrowers and the non-recourse carveout guarantors are Moshe Aflalo, Efrem Harkham and Uri Harkham. |
Loan No. 32 – Renner Commerce Center Portfolio – The borrowers, JES Lenexa Renner, LLC; K3D Lenexa Renner, LLC; 3D Lenexa Renner, LLC, are structured as tenants-in-common and are each a special purpose Delaware limited liability company. John E. Shaffer is the guarantor of the Renner Commerce Center Portfolio Mortgage Loan. | |
Loan No. 39 – Evergreen Square – The borrowers, Evergreen Peoria SC LLC and JSERT Evergreen Peoria SC LLC, are structured as tenants-in-common and are each a single purpose Illinois limited liability company. The sponsors of the borrowers and the non-recourse carveout guarantors are Lawrence Margolis, Jared Margolis and James Errant. Loan No. 48 – Chambers Place – The borrowers, HGW Chambers Place, LLC, a Delaware limited liability company and RLW Commercial Property I, LLC, a Colorado limited liability company, are structured as tenants-in-common and are each a single purpose Delaware limited liability company and Colorado limited liability company, respectively. The sponsor of the borrowers and the non-recourse carveout guarantor is Robert L. Whelan. | |
Loan No. 60 – 4001 North Lincoln – The borrowers, Damen Blatteis, LLC and KDS Damen, LLC, are structured as tenants-in-common and are each a single purpose Illinois limited liability company. The sponsor of the borrowers and the non-recourse carveout guarantor is Daniel Blatteis. | |
(30) | All upfront reserve balances reflect the upfront reserve amount at loan origination. The current balance may be less than the amount shown. |
(31) | All ongoing reserve balances reflect the ongoing reserve amount at loan origination. The current balance may be greater than or less than the amount shown. Monthly reserves required to be deposited in such accounts may be capped pursuant to the related Mortgage Loan Documents. |
(32) | Loan No. 5 – The Drake – The borrower is required to deposit an amount equal to the monthly ground rent into a ground rent reserve account if (i) an event of default has occurred, (ii) the borrower fails to provide satisfactory evidence of payment of the ground rent prior to the 15th of each month or (iii) the lender does not receive certification from the borrower of its timely payment. |
Loan No. 7 – Intellicenter – A cash sweep into the Major Tenant Rollover Reserve account will commence upon a Major Tenant Trigger Event, as defined in the loan documents. Additionally, the borrower is required to deposit into the Morgan Stanley reserve account within one business day of receipt any fees or payments received in connection with the rejection, buy-out, termination, surrender, or cancellation of the Morgan Stanley lease. Loan No. 9 – Green Valley Corporate Center – Upon the DSCR falling below 1.20x as of the end of a calendar quarter, until such time as the DSCR is at least 1.25x for two consecutive calendar quarters, or upon the occurrence of a triggering event relating to expenses incurred in connection with the IADT tenant space, until such time as either the triggering event has been cured or an amount of excess cash flow equal to the expenses incurred by the borrower in excess of the disbursement cap of $25.00 per square foot has been deposited with the lender, all excess cash will be deposited into a lender-controlled account, to be held by the lender as additional collateral. | |
Loan No. 12 – Windrift Apartments – The borrower is required to deposit 125% of the then-remaining required repairs if the repairs are not completed within 90 days of closing. Loan No. 13 – Village Square at Kiln Creek – Upon the occurrence of the DSCR falling below 1.20x following a Kmart go-dark event or a Kmart bankruptcy event, all excess cash flow will be deposited into the Rollover Reserve until the Rollover Reserve increased cap or Modified Rollover Reserve Cap has been reached and then into the Debt Service Reserve account, up to a cap of $608,601. In addition, if a Kmart bankruptcy event occurs during a Cash Sweep Period caused by the DSCR falling below 1.20x following a Kmart go-dark event, the borrower is required to deposit cash or a letter of credit in an amount equal to the difference between $608,601 and the amount then held in the Debt Service Reserve account. Furthermore, provided no cash sweep period caused by DSCR falling below 1.20x following a Kmart go-dark event is ongoing, within 30 days following a Kmart bankruptcy event, the borrower will deposit cash or a letter of credit into the Kmart BK Reserve in an amount equal to $608,601. In no event will the borrower be obligated to fund both the Debt Service Reserve and the Kmart BK Reserve upon the occurrence of a Kmart bankruptcy event. |
Loan No. 13 – Village Square at Kiln Creek – During the continuance of a cash sweep period caused by a Kmart failure to renew event or by a DSCR trigger event following a Kmart go-dark event or a Kmart bankruptcy event, all excess cash will be deposited into the Rollover Reserve, subject to the Rollover Reserve increased cap of $875,000 in the aggregate. During the continuance of a cash sweep period caused by a Kmart failure to renew event, or following a Kmart go-dark event or a Kmart bankruptcy event, if a Kmart Partial Lease Renewal should occur, then the Rollover Reserve Increased Cap shall decrease to the Modified Rollover Reserve Cap, as defined in the loan documents. Loan No. 13 – Village Square at Kiln Creek – Borrower will be required to deposit 1/12 of the annual taxes that are paid directly by Kmart into the tax account upon (i) an event of default, (ii) Kmart no longer pays all taxes directly, (iii) borrower fails to provide evidence that taxes have been paid or (iv) the Kmart Lease is no longer in full force and effect. | |
Loan No. 14 – Ocala Portfolio - AHIP – Beginning on the payment date in August 2017, borrower will deposit the greater of 1/12 of 4.0% of such year’s annual rents and any amount required under the Franchise Agreement for FF&E work. Loan No. 22 – Hilton Greenville – The borrower will deposit 125% of the amount required to complete the Required PIP Plan. The borrower is required to complete the required future PIP renovations on or before the deadline for each renovation required by the franchisor. Loan No. 25 – HGI Kennewick – The borrower will deposit $28,500 into a seasonality reserve commencing in the month of July during each calendar year, subject to a cap of $85,000. | |
Loan No. 30 – Arrowhead Shopping Center – On each monthly payment date, the borrower is required to deposit $3,524.67 into the TI/LC reserve account at any time that (i) the balance in the TI/LC reserve is less than $170,000, (ii) an event of default has occurred and is continuing, (iii) the borrower fails to maintain a DSCR of at least 1.15x as of the end of any calendar quarter, until such time as the DSCR is at least 1.25x for two consecutive calendar quarters or (iv) the occurrence of certain defaults and other events relating to tenants 99 Cents Only Store or Ace Hardware, including, among other things, the date such tenant “goes dark”, the early termination of such tenant’s lease or the date such tenant provides notice of its intent to terminate, the date that is six months prior to the expiration of the related lease, if not renewed, or upon the bankruptcy of such tenant. Loan No. 32 – Renner Commerce Center Portfolio – A cash sweep into the rollover reserve account will commence upon a major tenant trigger event, as defined in the loan documents. So long as a major tenant trigger event – vacation is continuing, the rollover reserve account will be capped at $675,000. | |
Loan No. 33 – Rockford Crossing – Upon the occurrence of a HomeGoods/DSW trigger event, the borrower is required to deposit all excess cash into the HomeGoods/DSW Reserve. Additionally, the borrower shall deposit 125% of the Required Repairs set forth in the loan agreement into the Required Repairs Reserve if the Required Repairs are not completed on or prior to March 4, 2016 (or in the case that the borrower is currently pursuing completion of the Required Repairs, September 4, 2016). Upon the occurrence of a required repairs deposit event, the borrower is required to deposit all excess cash into the Required Repairs Reserve. Loan No. 36 – Lancaster Towers – Upon the occurrence of a debt service reserve trigger event, the borrower is required to deposit $250,967 into the Debt Service Reserve. | |
Loan No. 55 – Midvale Park Self Storage – Upon the occurrence and during the continuance of (i) a cash sweep event or (ii) a related loan cash sweep event, the borrower is required to deposit any distribution payable to the sponsor to the distribution reserve. Such amount will be held as additional collateral for the Mortgage Loan as well as the Midvale Park RV Storage Mortgage Loan. Loan No. 62 – Rhett at Remount – Upon the occurrence of a major tenant trigger event - lease expiration and/or major tenant trigger event - vacation, all excess cash flow will be deposited into the Rollover Reserve, capped at $225,000. Monthly collections of $2,667 will continue and will not be subject to the cap. Upon the occurrence of a major tenant trigger event – bankruptcy, all excess cash flow will be deposited into the Major Tenant Rollover Reserve. | |
Loan No. 65 – Midvale Park RV Storage – Upon the occurrence and during the continuance of (i) a Cash Sweep Event or (ii) a related loan cash sweep event, borrower is required to deposit any distribution payable |
to the sponsor to the Distribution Reserve. Such amount will be held as additional collateral for the Mortgage Loan as well as the Midvale Park Self Storage Mortgage Loan. | |
(33) | Loan No. 1 – 11 Madison Avenue – The borrower is responsible for approximately $140,212,434 of leasing commissions, tenant improvements and base building work under major tenant leases, including its leases with Credit Suisse, Sony, and other tenants. At origination of the related mortgage loan, (1) the borrower deposited $81,152,102 in a lease costs account for the payment of such expenses, and (2) the guarantor under such mortgage loan, SL Green Realty Corp., provided a lease costs guaranty in the amount of the remaining $59,060,332 of such expenses. |
Loan No. 2 - NMS Los Angeles Multifamily Portfolio - The Luxe at 1548 Mortgaged Property is subject to a springing deed restriction by the City of Santa Monica to provide 19 units of affordable housing. The loan sponsors agreed with the City to build a multifamily building at a nearby location (the "New Building") and provide the affordable housing units at that property (which will not be collateral for the NMS Los Angeles Portfolio Mortgage Loan). In the event the New Building provides the required affordable housing units, the City is required to release the deed restriction. In the event the sponsors have not made affordable housing units available at the New Building, the City may require that the borrower lease 19 units at the Luxe at 1548 Mortgaged Property to low income tenants as units become vacant. In connection with the springing deed restriction, the borrower delivered a $7.0 million evergreen letter of credit to the lender as additional collateral for the NMS Los Angeles Multifamily Portfolio Mortgage Loan and Naum Neil Schekhter and Margot V. Shekhter, the sponsors, provided a personal guarantee with respect to the last $7.0 million of principal repaid under the NMS Los Angeles Multifamily Portfolio Mortgage Loan. The letter of credit and the personal guarantee will be released upon a release of the deed restriction encumbering the Luxe at 1548 Mortgaged Property or in the event the Luxe at 1548 Mortgaged Property is released from the lien of the security instrument in accordance with the loan documents. Pursuant to the August 14, 2015 appraisal (before the springing deed restriction), the appraised value for this property was $37,100,000. This value was used in the calculation of the sum of the value of each of the properties on an individual basis (as described in footnote 15 above). On October 8, 2014, the appraiser provided a supplemental appraisal that included a hypothetical value of $31,100,000 in the event the 19 units are subject to Section 8 restrictions and $26,330,000 in the event the 19 units are subject to HUD restrictions. | |
Loan No. 14 – Ocala Portfolio – AHIP – The borrower is responsible for FF&E reserves starting on the payment date in August 2017 in an amount that is greater of 1/12 of 4.0% of such year’s annual rents and the then required amount under the Franchise Agreement, provided that in lieu of monthly reserves, the borrower may deliver to the lender a letter of credit in an amount equal to 4.0% of the rents for the preceding 12 months. Loan No. 27 – University Center – The borrower shall make monthly deposits of $1,713 upon the occurrence of a Replacement Reserve Trigger Event. In lieu of monthly reserves, the borrower may deposit an amount equal to the product of $1,713 multiplied by the number of payment dates occurring from the date of such determination through and until the anticipated repayment date. Additionally, the borrower shall make monthly deposits of $5,207 upon the occurrence of a Rollover Reserve Trigger Event. In lieu of monthly reserves, the borrower may deposit an amount equal to the $7.50 PSF of a Major Tenant Space. | |
Loan No. 33 – Rockford Crossing – The borrower shall make monthly deposits of $1,978 upon the occurrence of a Replacement Reserve Trigger Event. In lieu of monthly reserves, the borrower may deposit an amount equal to the product of $1,978 multiplied by the number of payment dates occurring from the date of such determination through and until the anticipated repayment date. Additionally, the borrower shall make monthly deposits of $5,463 upon the occurrence of a Rollover Reserve Trigger Event. In lieu of monthly reserves, the borrower may deposit an amount equal to the $7.50 PSF of a Major Tenant Space. Loan No. 52 – Grove Park Shopping Center – Upon the occurrence of a Major Tenant Trigger Event, all excess cash flow shall be deposited to the Major Tenant Rollover Reserve. A major tenant rollover reserve cap of $249,600 shall only apply if a Major Tenant Trigger Event – Lease Expiration is continuing. In lieu of a cash flow sweep caused solely by a Major Tenant Trigger Event – Lease Expiration, the borrower may deposit cash or post a letter of credit in the amount of $249,600. | |
Loan No. 54 – Parkway Plaza Shopping Center – Upon the occurrence of a Major Tenant Trigger Event, all excess cash flow shall be deposited to the Major Tenant Rollover Reserve. A major tenant rollover reserve cap of $229,925 shall only apply if a Major Tenant Trigger Event – Lease Expiration is continuing. In lieu of a |
cash flow sweep caused solely by a Major Tenant Trigger Event – Lease Expiration, the borrower may deposit cash or post a letter of credit in the amount of $229,925. | |
(34) | Loan No. 6 – Midwest Shopping Center Portfolio – The Phase I environmental report recommended that a Phase II report be completed for the Kansas Center Mortgaged Property to assess whether the subsurface had been impacted by the historical and current long-term use of the property by auto repair operations. The Phase II investigation was completed and no further action was recommended at the Kansas Center Mortgaged Property. |
(35) | Summary of Existing Pari Passu Debt |
Mortgage | Pari Passu | Loan | Loan | Loan | ||||||||||
Loan Cut-off | Companion | Combination | Loan | Combination | Combination | |||||||||
Loan | Date | Loan Cut-off | Cut-off Date | Combination | Cut-off Date LTV | Cut-off Date U/W | ||||||||
No. | Mortgage Loan | Balance | Date Balance | Balance | U/W NCF DSCR | Ratio | NOI Debt Yield | |||||||
1 | 11 Madison Avenue | $70,000,000 | $694,330,000 | $764,330,000(1) | 3.89x | 32.5% | 14.3% | |||||||
2 | NMS Los Angeles Multifamily Portfolio | $65,000,000 | $55,000,000 | $120,000,000 | 1.31x | 68.8% | 6.7% |
(1) | The Loan Combination Cut-off Date Balance, U/W NCF DSCR, Cut-off Date LTV Ratio and Cut-off Date U/W NOI Debt Yield excludes three subordinate companion loans in the aggregate original amount of $310.67 million as well as two mezzanine loans in the aggregate original balance of $325.0 million. |
(36) | Split Loan Summary |
Total | Pooled | |||||||||||||||||||
Pooled | Mortgage | Trust | Total | |||||||||||||||||
Subordinate | Pooled | Total | Trust | Debt Cut- | U/W | Mortgage | ||||||||||||||
Mortgage Loan | Companion | Total Mortgage | Trust | Mortgage | Cut-off | off Date | NOI | Debt U/W | ||||||||||||
Loan | Cut-off Date | Loan Cut-off | Debt Cut-off | U/W NCF | Debt U/W | Date | LTV | Debt | NOI Debt | |||||||||||
No. | Mortgage Loan | Balance | Date Balance | Date Balance(1) | DSCR | NCF DSCR | LTV | Ratio | Yield | Yield | ||||||||||
1 | 11 Madison Avenue | $70,000,000 | $310,670,000 | $1,075,000,000 | 3.89x | 1.97x | 32.5% | 59.6% | 14.3% | 7.8% |
(1) | Total mortgage debt includes the additional pari passu loans and the subordinate companion loans. |
(37) | Summary of Existing Mezzanine Debt |
Mortgage | Total | Total | |||||||||||||||||||
Loan | % of Initial | Annual | Mezzanine | Debt Cut- | Debt | Total | |||||||||||||||
Cut-off | Outstanding | Mezzanine | Interest Rate | Loan | off Date | U/W | Debt U/W | ||||||||||||||
Loan | Date | Pool | Debt Cut-off | on Mezzanine | Maturity | Intercreditor | LTV | NCF | NOI Debt | ||||||||||||
No. | Mortgage Loan | Balance | Balance | Date Balance | Loan | Date | Agreement | Ratio | DSCR | Yield | |||||||||||
1 | 11 Madison Avenue(1) | $70,000,000 | 7.5% | $325,000,000 | 4.7577 | %(2) | 9/6/2025 | Yes | 59.6% | 1.97x | 7.8% | ||||||||||
4 | Atlanta Multifamily Portfolio | $45,000,000 | 4.8% | $5,000,000 | 12.5000 | %(3) | 9/6/2020 | Yes | 72.2% | 1.04x | 7.5% | ||||||||||
6 | Midwest Shopping Center | ||||||||||||||||||||
Portfolio | $38,152,658 | 4.1% | $5,500,000 | 11.0000 | % | 7/6/2025 | Yes | 77.1% | 1.21x | 9.0% | |||||||||||
41 | CSRA Food Lion Portfolio II | $780,000 | 0.7% | $780,000 | 14.000 | % | 9/6/2025 | Yes | 76.0% | 1.10x | 9.4% |
(1) | With respect to the 11 Madison Avenue Mortgage Loan, LTV, DSCR and debt yield calculations include the related pari passu companion loans. Two mezzanine loans were funded concurrently with the closing of the 11 Madison Avenue Loan. A $150,000,000 mezzanine A loan, which is coterminous with the 11 Madison Avenue Mortgage Loan, accrues interest at a fixed per annum rate equal to 4.6500% and a $175,000,000 mezzanine B loan, which is coterminous with the 11 Madison Avenue Mortgage Loan, accrues interest at a fixed per annum rate equal to 4.8500%. Total Debt Cut-off Date LTV Ratio, Total Debt U/W NCF DSCR and Total Debt U/W NOI Debt Yield include the related pari passu companion loans, the related subordinate loans and the two mezzanine loans. An intercreditor agreement is in place (i) among the holders of the 11 Madison Avenue Mortgage Loan, the related pari passu companion loans and the related subordinate loans and (ii) as between the holders of the foregoing loans, and the holders of the related mezzanine loans. | |
(2) | The annual interest rate on the mezzanine loan is a blended rate. The actual interest rates on the mezzanine A loan and mezzanine B loan are 4.650% and 4.850%, respectively. | |
(3) | The mezzanine loan accrues interest at a rate of 12.5000% and after an initial 18-month interest only period, amortizes on a fixed amortization schedule. |
(38) | Summary of Future Mezzanine Debt |
Mortgage Loan | % of Initial | Intercreditor | Combined | |||||||||||
Loan | Cut-off Date | Outstanding | Agreement | Minimum | Combined | Combined Debt | ||||||||
No.(1)(2)(3)(4) | Mortgage Loan | Balance | Pool Balance | Required | DSCR | Maximum LTV | Yield | |||||||
57 | Bonita Springs Self Storage | $3,200,000 | 0.3% | Yes | 1.15x | 75.0% | 7.5% |
(1) | The chart above does not include Greater Boston Industrial Portfolio I, which permits the borrower to obtain a Preferred Equity Investment in connection with a transfer and assumption provided, among other things, (i) no event of default has occurred and is continuing, (ii) a combined LTV of no greater than 75.0%, (iii) a combined DSCR of no less than 1.30x and (iv) a combined Debt Yield of no less than 8.5%. | |
(2) | The chart above does not include University Center Mortgage Loan, which permits the borrower to incur unsecured debt from a guarantor to be used solely to pay debt service, approved re-leasing expenses, capital expenditures, extraordinary expenses, and actual operating expenses necessary for the operation, maintenance, or re-tenanting of the property as a result of the insufficient reserves. The unsecured debt must be subordinate to the mortgage loan pursuant to a subordination and standstill agreement reasonably satisfactory to the lender. The aggregate amount may not exceed $1,102,500 without lender’s consent. | |
(3) | The chart above does not include Rockford Crossing Mortgage Loan, which permits the borrower to incur unsecured debt from a guarantor to be used solely to pay debt service, approved re-leasing expenses, capital expenditures, extraordinary expenses, and actual operating expenses necessary for the operation, maintenance, or re-tenanting of the property as a result of the insufficient reserves. The unsecured debt must be subordinate to the mortgage loan pursuant to a subordination and standstill agreement reasonably satisfactory to the lender. The aggregate amount may not exceed $945,000 without lender’s consent. | |
(4) | The chart above does not include Winchester Oaks Apartments Mortgage Loan, which permits the borrower to incur future, unsecured, affiliate debt provided that (i) it does not exceed in the aggregate $75,000, (ii) it is evidenced by a promissory note acceptable to lender, (iii) it is subordinate to the mortgage loan pursuant to a subordination and standstill agreement reasonably acceptable to lender, (iv) it does not permit payments to be made following the occurrence of a cash sweep event under the related loan documents, and (v) the proceeds may only be used in connection with the Mortgaged Property. |