FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-227081-01 | ||
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The Information contained herein (the "Information") is preliminary and subject to change. The information will be superseded by similar information delivered to you as part of the offering document relating to the Commercial Mortgage Pass-Through Certificates, Series CSAIL 2019-C15 (the "Offering Document"). The Information supersedes any such information previously delivered. The Information should be reviewed only in conjunction with the entire Offering Document. All of the Information is subject to the same limitations and qualifications contained in the Offering Document. The Information does not contain all relevant information relating to the underlying mortgage loans or mortgaged properties. Such information is described elsewhere in the Offering Document. The Information contained herein will be more fully described elsewhere in the Offering Document. The Information should not be viewed as projections, forecasts, predictions or opinions with respect to value. Prior to making any investment decision, prospective investors are strongly urged to read the Offering Document its entirety. The privately offered securities described in the Offering Document as to which the Information relates have not been and will not be registered under the United States Securities Act of 1933, as amended. This material should be not construed as an effort to sell or the solicitation of any offer to buy any security in any jurisdiction where such offer of solicitation could be illegal.
For investors in publicly offered securities as to which the Information relates: The depositor has filed a registration statement (including the prospectus) with the SEC (SEC File No. 333-227081) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or the underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-221-1037.
The information in this file (the “File”) is an electronic copy of the information set forth in the Annex titled “Certain Characteristics of the Mortgage Loans and Mortgaged Properties” to the prospectus. This File does not contain all information that is required to be included in the prospectus. This File should be reviewed only in conjunction with the entire prospectus. Prospective investors are advised to read carefully, and should rely on, the prospectus relating to the Certificates referred to herein in making their investment decision.
The information in this File may be amended and/or supplemented prior to the time of sale. The information in this File supersedes any contrary information contained in any prior File relating to the subject securities and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.
Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the free prospectus. The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value.
Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, the email communication to which this material may have been attached 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 email system.
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ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
Loan ID | Footnotes | Property Flag | Deal Name | % of Initial Pool Balance | Mortgage Loan Originator | Mortgage Loan Seller(1) | Original Balance(2) | Cut-off Date Balance(2)(3) | Maturity/ARD Balance(2) | Cut-off Date Balance per SF/ Units/Rooms | Loan Purpose | Sponsor | Non-Recourse Carveout Guarantor |
1 | Loan | Darden Headquarters | 9.6% | Column Financial, Inc. | Column | $80,000,000 | $80,000,000 | $80,000,000 | $209.52 | Refinance | U.S. Realty Advisors, LLC | USRA Net Lease II Capital Corp. | |
2 | Loan | Embassy Suites Portland Washington Square | 6.8% | Column Financial, Inc. | Column | $56,250,000 | $56,250,000 | $52,115,812 | $158,005.62 | Acquisition | Parkview International, Inc. | KAJ Investments I, Limited; Lakeview Hospitality Guarantor LLC | |
3 | Loan | SITE JV Portfolio | 6.0% | Column Financial, Inc. | Column | $50,000,000 | $50,000,000 | $50,000,000 | $64.51 | Acquisition | Dividend Trust Portfolio JV LP | Dividend Trust Portfolio JV LP | |
3.01 | Property | Ahwatukee Foothills Towne Center | $12,822,656 | $12,822,656 | $12,822,656 | $64.51 | |||||||
3.02 | Property | Connecticut Commons | $7,661,259 | $7,661,259 | $7,661,259 | $64.51 | |||||||
3.03 | Property | Independence Commons | $5,887,132 | $5,887,132 | $5,887,132 | $64.51 | |||||||
3.04 | Property | Brookside Marketplace | $4,758,042 | $4,758,042 | $4,758,042 | $64.51 | |||||||
3.05 | Property | University Centre | $4,451,581 | $4,451,581 | $4,451,581 | $64.51 | |||||||
3.06 | Property | Towne Center Prado | $3,895,202 | $3,895,202 | $3,895,202 | $64.51 | |||||||
3.07 | Property | Poyner Place | $3,459,733 | $3,459,733 | $3,459,733 | $64.51 | |||||||
3.08 | Property | Route 22 Retail Center | $2,596,756 | $2,596,756 | $2,596,756 | $64.51 | |||||||
3.09 | Property | Commonwealth Center | $2,419,302 | $2,419,302 | $2,419,302 | $64.51 | |||||||
3.10 | Property | Ashley Crossing | $2,048,337 | $2,048,337 | $2,048,337 | $64.51 | |||||||
4 | Loan | 787 Eleventh Avenue | 5.4% | Societe Generale Financial Corporation | SGFC | $45,000,000 | $45,000,000 | $45,000,000 | $340.71 | Refinance | TABLE Holdings, L.P.; Georgetown Company; William A. Ackman; Adam R. Flatto | William A. Ackman; Adam R. Flatto | |
5 | Loan | Causeway Square | 5.4% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $45,000,000 | $45,000,000 | $41,611,931 | $266.62 | Refinance | Irwin Elliot Tauber | Irwin Elliot Tauber | |
6 | Loan | Bernardus Lodge & Spa | 5.2% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $43,500,000 | $43,500,000 | $40,266,846 | $595,890.41 | Refinance | Kambiz Babaoff; Michael Moskowitz; Randy McGrane | Ensemble Investments, LLC | |
7 | Loan | ExchangeRight Net Leased Portfolio 24 | 4.2% | Societe Generale | SGFC | $35,000,000 | $35,000,000 | $35,000,000 | $160.50 | Acquisition | ExchangeRight Real Estate, LLC; David Fisher; Joshua Ungerecht; Warren Thomas | ExchangeRight Real Estate, LLC; David Fisher; Joshua Ungerecht; Warren Thomas | |
7.01 | Property | BioLife Plasma Services L.P. - West Des Moines, IA | $3,509,370 | $3,509,370 | $3,509,370 | $160.50 | |||||||
7.02 | Property | BioLife Plasma Services L.P. - Mt. Juliet, TN | $3,035,078 | $3,035,078 | $3,035,078 | $160.50 | |||||||
7.03 | Property | Walgreens - Romeoville, IL | $2,275,824 | $2,275,824 | $2,275,824 | $160.50 | |||||||
7.04 | Property | Walgreens - Lawrenceville, GA | $2,203,452 | $2,203,452 | $2,203,452 | $160.50 | |||||||
7.05 | Property | Pick ‘n Save - Wisconsin Rapids, WI | $2,083,264 | $2,083,264 | $2,083,264 | $160.50 | |||||||
7.06 | Property | Tractor Supply - Albuquerque, NM | $2,039,324 | $2,039,324 | $2,039,324 | $160.50 | |||||||
7.07 | Property | Walgreens - Sheboygan, WI | $1,875,196 | $1,875,196 | $1,875,196 | $160.50 | |||||||
7.08 | Property | Walgreens - Oswego, IL | $1,846,765 | $1,846,765 | $1,846,765 | $160.50 | |||||||
7.09 | Property | Walgreens - Waco, TX | $1,730,453 | $1,730,453 | $1,730,453 | $160.50 | |||||||
7.10 | Property | Tractor Supply - Antioch, IL | $1,722,699 | $1,722,699 | $1,722,699 | $160.50 | |||||||
7.11 | Property | Walgreens - Austin, TX | $1,602,511 | $1,602,511 | $1,602,511 | $160.50 | |||||||
7.12 | Property | Walgreens - Flower Mound, TX | $1,602,511 | $1,602,511 | $1,602,511 | $160.50 | |||||||
7.13 | Property | Tractor Supply - Columbia Station, OH | $1,412,536 | $1,412,536 | $1,412,536 | $160.50 | |||||||
7.14 | Property | Fresenius Medical Care - Brownsville, TX | $1,189,606 | $1,189,606 | $1,189,606 | $160.50 | |||||||
7.15 | Property | CVS Pharmacy - Peoria Heights, IL | $1,045,509 | $1,045,509 | $1,045,509 | $160.50 | |||||||
7.16 | Property | Advance Auto Parts - Grayslake, IL | $991,877 | $991,877 | $991,877 | $160.50 | |||||||
7.17 | Property | Dollar General - Lancaster, PA | $681,067 | $681,067 | $681,067 | $160.50 | |||||||
7.18 | Property | Sherwin Williams - Painesville, OH | $644,881 | $644,881 | $644,881 | $160.50 | |||||||
7.19 | Property | Dollar General - Herminie, PA | $641,004 | $641,004 | $641,004 | $160.50 | |||||||
7.20 | Property | Dollar General - Tallahassee, FL | $620,973 | $620,973 | $620,973 | $160.50 | |||||||
7.21 | Property | Dollar General - Gibsonia, PA | $600,942 | $600,942 | $600,942 | $160.50 | |||||||
7.22 | Property | Dollar General - Mansfield, OH | $582,849 | $582,849 | $582,849 | $160.50 | |||||||
7.23 | Property | Advance Auto Parts - McDonough, GA | $551,186 | $551,186 | $551,186 | $160.50 | |||||||
7.24 | Property | Dollar Tree - Cleveland, OH | $511,123 | $511,123 | $511,123 | $160.50 | |||||||
8 | (21) | Loan | 2 North 6th Place | 4.1% | Natixis Real Estate Capital LLC | Column | $34,000,000 | $34,000,000 | $34,000,000 | $289,891.70 | Refinance | Jeffrey Levine | Jeffrey Levine |
9 | (21) | Loan | Saint Louis Galleria | 4.0% | Societe Generale Financial Corporation; Deutsche Bank AG, New York Branch | SGFC | $33,520,755 | $33,520,755 | $30,544,275 | $515.36 | Refinance | BPR OP, LP (f/k/a GGP Operating Partnership, LP) | BPR OP, LP (f/k/a GGP Operating Partnership, LP) |
10 | Loan | Courtyard San Antonio Riverwalk | 3.4% | BSPRT CMBS Finance, LLC | BSPRT | $27,800,000 | $27,800,000 | $27,800,000 | $126,363.64 | Refinance | Richard I. Finvarb; Ronald J. Finvarb | Richard I. Finvarb; Ronald J. Finvarb | |
11 | Loan | Georgetown Squared & Seattle Design Center | 3.1% | Column Financial, Inc. | Column | $26,000,000 | $26,000,000 | $23,045,937 | $211.27 | Refinance | Fareed Kanani; Sean Hashem | Fareed Kanani; Sean Hashem | |
12 | (21) | Loan | Temperance Industrial | 3.1% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $25,750,000 | $25,577,065 | $22,830,137 | $33.79 | Acquisition | Allan R. Adelson; Garrett Middlekauff | Allan R. Adelson; Garrett Middlekauff |
13 | Loan | Continental Towers | 3.0% | Column Financial, Inc. | Column | $25,000,000 | $25,000,000 | $25,000,000 | $92.78 | Acquisition | Rubenstein Properties Fund III, L.P. | Rubenstein Properties Fund III, L.P. | |
14 | Loan | Culver City Medical | 3.0% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $25,000,000 | $25,000,000 | $25,000,000 | $441.80 | Refinance | David Taban | David Taban | |
15 | Loan | Nebraska Crossing | 2.8% | Societe Generale | SGFC | $23,500,000 | $23,500,000 | $21,743,684 | $194.80 | Refinance | Rod Yates | Rod Yates | |
16 | Loan | Desert Marketplace | 2.8% | Grass River Real Estate Credit Partners REIT LLC | 3650 REIT | $23,000,000 | $23,000,000 | $20,953,746 | $176.59 | Refinance | The Walters Group | The Walters Group | |
17 | Loan | One Lincoln Center | 2.7% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $22,750,000 | $22,750,000 | $19,878,480 | $74.44 | Refinance | Asher Roshanzamir | Asher Roshanzamir | |
18 | Loan | WHG Portfolio | 2.5% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $20,500,000 | $20,500,000 | $16,653,596 | $31,250.00 | Refinance | Westmont Investments, LLC | Westplace Modesto Investors, LLC | |
18.01 | Property | HomeTowne Studios - Casselberry, FL | $6,050,000 | $6,050,000 | $4,914,842 | $31,250.00 | |||||||
18.02 | Property | HomeTowne Studios - Delegates, FL | $4,600,000 | $4,600,000 | $3,736,904 | $31,250.00 | |||||||
18.03 | Property | HomeTowne Studios - Concord, NC | $3,750,000 | $3,750,000 | $3,046,389 | $31,250.00 | |||||||
18.04 | Property | HomeTowne Studios - Chamblee, GA | $3,700,000 | $3,700,000 | $3,005,771 | $31,250.00 | |||||||
18.05 | Property | HomeTowne Studios - Columbus, OH | $2,400,000 | $2,400,000 | $1,949,689 | $31,250.00 | |||||||
19 | (21) | Loan | Country Club Corners | 2.5% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $20,500,000 | $20,500,000 | $18,171,890 | $225.23 | Refinance | E. Stanley Kroenke | E. Stanley Kroenke |
20 | Loan | Route 66 Promenade | 2.2% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $18,500,000 | $18,500,000 | $18,500,000 | $238.33 | Refinance | David Taban; Michael Pashaie; K. Joseph Shabani | David Taban; Michael Pashaie; K. Joseph Shabani | |
21 | Loan | Mesa Royale Senior Apartments | 1.9% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $15,600,000 | $15,600,000 | $13,397,428 | $102,631.58 | Acquisition | Investment Concepts, Inc. | Investment Concepts, Inc. | |
22 | Loan | Town Point Center | 1.8% | BSPRT CMBS Finance, LLC | BSPRT | $15,300,000 | $15,300,000 | $13,645,387 | $115.40 | Acquisition | Elliott Sharaby | Elliott Sharaby | |
23 | Loan | Brooklyn Multifamily Portfolio | 1.7% | BSPRT CMBS Finance, LLC | BSPRT | $14,000,000 | $14,000,000 | $14,000,000 | $636,363.64 | Refinance | Joel Lefkowitz; Lipa Lefkowitz; Wolf Wercberger | Joel Lefkowitz; Lipa Lefkowitz; Wolf Wercberger | |
23.01 | Property | 555-557 Union Street | $7,300,000 | $7,300,000 | $7,300,000 | $636,363.64 | |||||||
23.02 | Property | 141 Troutman Street | $3,450,000 | $3,450,000 | $3,450,000 | $636,363.64 | |||||||
23.03 | Property | 243 Suydam Street | $3,250,000 | $3,250,000 | $3,250,000 | $636,363.64 | |||||||
24 | Loan | Homewood Suites by Hilton Concord Charlotte | 1.7% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $14,000,000 | $13,965,559 | $11,588,492 | $121,439.64 | Refinance | Nikhil Patel; Ashok B. Patel | Nikhil Patel; Amar Patel; Sureshkumar C. Patel | |
25 | Loan | Hampton Inn & Suites Fayetteville | 1.4% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $11,500,000 | $11,386,315 | $8,629,899 | $99,879.96 | Refinance | Nikhil Patel; Amar Patel | Nikhil Patel; Amar Patel | |
26 | Loan | Prudential - Digital Realty Portfolio | 1.3% | Column Financial, Inc.; Wells Fargo Bank, National Association | Column | $11,000,000 | $11,000,000 | $11,000,000 | $203.27 | Refinance | Digital Realty Trust, L.P. | Digital Realty Trust, L.P. | |
26.01 | Property | 14901 FAA Boulevard | $2,220,755 | $2,220,755 | $2,220,755 | $203.27 | |||||||
26.02 | Property | 4650 Old Ironsides Drive | $1,940,566 | $1,940,566 | $1,940,566 | $203.27 | |||||||
26.03 | Property | 43790 Devin Shafron Drive | $1,566,981 | $1,566,981 | $1,566,981 | $203.27 | |||||||
26.04 | Property | 636 Pierce Street | $1,302,358 | $1,302,358 | $1,302,358 | $203.27 | |||||||
26.05 | Property | 21551 Beaumeade Circle | $1,172,642 | $1,172,642 | $1,172,642 | $203.27 | |||||||
26.06 | Property | 7505 Mason King Court | $1,016,981 | $1,016,981 | $1,016,981 | $203.27 | |||||||
26.07 | Property | 4700 Old Ironsides Drive | $991,038 | $991,038 | $991,038 | $203.27 | |||||||
26.08 | Property | 444 Toyama Drive | $788,679 | $788,679 | $788,679 | $203.27 | |||||||
27 | Loan | Hampton Inn & Suites Walterboro | 1.3% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $10,500,000 | $10,396,201 | $7,879,473 | $106,083.68 | Refinance | Nikhil Patel; Amar Patel | Nikhil Patel; Amar Patel | |
28 | Loan | Jewel Osco & State Road Plaza | 1.1% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $9,200,000 | $9,200,000 | $7,929,749 | $137.69 | Refinance | Sterling United Properties I, L.P. | Sterling United Properties I, L.P. | |
29 | Loan | Diehl Point at Cantera | 1.0% | Regions Bank | Column | $8,515,000 | $8,515,000 | $8,515,000 | $96.11 | Acquisition | Bradford Allen Enterprises LLC | Bradford Allen Enterprises LLC | |
30 | Loan | Staybridge Suites Fort Worth | 0.9% | Societe Generale Financial Corporation | SGFC | $7,750,000 | $7,739,355 | $6,509,163 | $92,135.18 | Refinance | Anil Patel; Aswini Patel | Anil Patel; Aswini Patel | |
31 | Loan | El Camino Drive | 0.9% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $7,150,000 | $7,150,000 | $7,150,000 | $472.85 | Refinance | Abraham Mathalon; Abe Kamara; Moussa Shaaya | Abraham Mathalon; Abe Kamara; Moussa Shaaya | |
32 | Loan | Shops at College Claremont | 0.8% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $6,500,000 | $6,500,000 | $6,500,000 | $684.35 | Refinance | Terramar Retail Centers, LLC | Terramar Retail Centers, LLC | |
33 | Loan | R&R REIT Extended Stay | 0.7% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $6,100,000 | $6,079,030 | $4,584,023 | $23,653.82 | Refinance | Westmont Investments, LLC | R&R Real Estate Investment Trust | |
33.01 | Property | HomeTowne Covington | $3,700,000 | $3,687,281 | $2,780,473 | $23,653.82 | |||||||
33.02 | Property | HomeTowne Bentonville | $2,400,000 | $2,391,750 | $1,803,550 | $23,653.82 | |||||||
34 | Loan | Charlotte Storage Portfolio | 0.5% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $4,500,000 | $4,500,000 | $4,162,787 | $57.11 | Acquisition | Ryan Hanks | Ryan Hanks | |
34.01 | Property | Mooresville Storage | $57.11 | ||||||||||
34.02 | Property | Rock Hill Storage | $57.11 | ||||||||||
35 | Loan | Gold Country Center | 0.5% | Societe Generale Financial Corporation | SGFC | $3,900,000 | $3,900,000 | $3,900,000 | $57.64 | Acquisition | Mooni Sanwal | Mooni Sanwal | |
36 | Loan | CVS - Greenfield, IN | 0.4% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $3,700,000 | $3,621,886 | $3,020,406 | $357.72 | Acquisition | Ging J. Mock | Ging J. Mock |
A-1-1
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
MORTGAGED PROPERTY CHARACTERISTICS | |||||||||||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | % of Initial Pool Balance | No. of Properties | General Property Type | Detailed Property Type | Title Type | Ground Lease Initial Lease Expiration Date | Address | City | County | State | Zip Code | Year Built | Year Renovated | Net Rentable Area SF/Units/ Rooms(4)(5)(6) | Units of Measure | Occupancy Rate(5)(6) | Occupancy Rate As-of Date(6) | Appraised Value(7) | Appraisal As-of Date(7) | |
1 | Loan | Darden Headquarters | 9.6% | 1 | Office | Suburban | Fee | NAP | 1000 Darden Center Drive | Orlando | Orange | FL | 32837 | 2009 | NAP | 525,000 | Square Feet | 100.0% | 11/20/2018 | $157,400,000 | 11/29/2018 | ||
2 | Loan | Embassy Suites Portland Washington Square | 6.8% | 1 | Hotel | Full Service | Fee | NAP | 9000 Washington Square | Tigard | Washington | OR | 97223 | 1987 | 2015-2016 | 356 | Rooms | 73.4% | 11/30/2018 | $82,800,000 | 12/16/2018 | ||
3 | Loan | SITE JV Portfolio | 6.0% | 10 | Retail | Power Center | Fee | NAP | Various | Various | Various | Various | Various | Various | Various | 3,410,366 | Square Feet | 90.8% | 11/6/2018 | $620,000,000 | Various | ||
3.01 | Property | Ahwatukee Foothills Towne Center | 1 | Retail | Power Center | Fee | NAP | 4711 East Ray Road | Phoenix | Maricopa | AZ | 85044 | 1996 | 2013-2018 | 688,099 | Square Feet | 90.6% | 11/6/2018 | $159,000,000 | 9/5/2018 | |||
3.02 | Property | Connecticut Commons | 1 | Retail | Power Center | Fee | NAP | 282 New Britain Avenue | Plainville | Hartford | CT | 06062 | 1999 | NAP | 566,128 | Square Feet | 94.9% | 11/6/2018 | $95,000,000 | 9/4/2018 | |||
3.03 | Property | Independence Commons | 1 | Retail | Power Center | Fee | NAP | 19000 East 39th Street South | Independence | Jackson | MO | 64057 | 1995 | NAP | 385,803 | Square Feet | 96.7% | 11/6/2018 | $73,000,000 | 8/29/2018 | |||
3.04 | Property | Brookside Marketplace | 1 | Retail | Power Center | Fee | NAP | 7212 West 191st Street | Tinley Park | Will | IL | 60487 | 2006 | NAP | 316,901 | Square Feet | 91.1% | 11/6/2018 | $59,000,000 | 9/7/2018 | |||
3.05 | Property | University Centre | 1 | Retail | Power Center | Fee | NAP | 322-412 South College Road | Wilmington | New Hanover | NC | 28403 | 1989 | 2001 | 418,099 | Square Feet | 94.0% | 11/6/2018 | $55,200,000 | 9/11/2018 | |||
3.06 | Property | Towne Center Prado | 1 | Retail | Power Center | Fee | NAP | 50 Barrett Parkway Northeast | Marietta | Cobb | GA | 30066 | 1995 | NAP | 286,683 | Square Feet | 92.9% | 11/6/2018 | $48,300,000 | 9/10/2018 | |||
3.07 | Property | Poyner Place | 1 | Retail | Power Center | Fee | NAP | 7900 Old Wake Forest Road | Raleigh | Wake | NC | 27616 | 2004 | NAP | 258,839 | Square Feet | 70.8% | 11/6/2018 | $42,900,000 | 9/11/2018 | |||
3.08 | Property | Route 22 Retail Center | 1 | Retail | Power Center | Fee | NAP | 2700 US-22 East | Union | Union | NJ | 07083 | 1997 | 2009 | 112,253 | Square Feet | 66.2% | 11/6/2018 | $32,200,000 | 8/29/2018 | |||
3.09 | Property | Commonwealth Center | 1 | Retail | Power Center | Fee | NAP | 4600-5000 Commonwealth Center Parkway | Midlothian | Chesterfield | VA | 23112 | 2002 | 2018 | 165,611 | Square Feet | 95.6% | 11/6/2018 | $30,000,000 | 8/30/2018 | |||
3.10 | Property | Ashley Crossing | 1 | Retail | Power Center | Fee | NAP | 2245 Ashley Crossing Drive | Charleston | Charleston | SC | 29414 | 1991 | 2011 | 211,950 | Square Feet | 93.9% | 11/6/2018 | $25,400,000 | 9/7/2018 | |||
4 | Loan | 787 Eleventh Avenue | 5.4% | 1 | Mixed Use | Retail/Office | Fee | NAP | 787 Eleventh Avenue | New York | New York | NY | 10019 | 1929 | 2019 | 513,638 | Square Feet | 88.4% | 11/01/2018 | $650,000,000 | 12/2/2018 | ||
5 | Loan | Causeway Square | 5.4% | 1 | Mixed Use | Office/Retail | Fee | NAP | 1801 Northeast 123rd Street | North Miami | Miami-Dade | FL | 33181 | 2009-2010 | NAP | 168,781 | Square Feet | 89.2% | 12/1/2018 | $68,900,000 | 9/28/2018 | ||
6 | Loan | Bernardus Lodge & Spa | 5.2% | 1 | Hotel | Full Service | Fee | NAP | 415 West Carmel Valley Road | Carmel Valley | Monterey | CA | 93924 | 1999 | 2014-2016 | 73 | Rooms | 82.6% | 10/31/2018 | $80,000,000 | 8/1/2018 | ||
7 | Loan | ExchangeRight Net Leased Portfolio 24 | 4.2% | 24 | Various | Various | Fee | NAP | Various | Various | Various | Various | Various | Various | NAP | 337,478 | Square Feet | 100.0% | 10/15/2018 | $87,335,000 | Various | ||
7.01 | Property | BioLife Plasma Services L.P. - West Des Moines, IA | 1 | Office | Medical | Fee | NAP | 6380 Village View Drive | West Des Moines | Dallas | IA | 50266 | 2016 | NAP | 16,637 | Square Feet | 100.0% | 10/15/2018 | $8,760,000 | 10/05/2018 | |||
7.02 | Property | BioLife Plasma Services L.P. - Mt. Juliet, TN | 1 | Office | Medical | Fee | NAP | 540 Pleasant Grove Road | Mount Juliet | Wilson | TN | 37122 | 2017 | NAP | 16,600 | Square Feet | 100.0% | 10/15/2018 | $7,575,000 | 10/05/2018 | |||
7.03 | Property | Walgreens - Romeoville, IL | 1 | Retail | Single Tenant | Fee | NAP | 347 North Independence Boulevard | Romeoville | Will | IL | 60446 | 2008 | NAP | 14,752 | Square Feet | 100.0% | 10/15/2018 | $5,680,000 | 10/03/2018 | |||
7.04 | Property | Walgreens - Lawrenceville, GA | 1 | Retail | Single Tenant | Fee | NAP | 2990 Five Forks Trickum Road | Lawrenceville | Gwinnett | GA | 30044 | 2000 | NAP | 14,997 | Square Feet | 100.0% | 10/15/2018 | $5,500,000 | 07/20/2018 | |||
7.05 | Property | Pick ‘n Save - Wisconsin Rapids, WI | 1 | Retail | Single Tenant | Fee | NAP | 900 East Riverview Expressway | Wisconsin Rapids | Wood | WI | 54494 | 1979 | NAP | 49,580 | Square Feet | 100.0% | 10/15/2018 | $5,200,000 | 10/01/2018 | |||
7.06 | Property | Tractor Supply - Albuquerque, NM | 1 | Retail | Single Tenant | Fee | NAP | 8100 2nd Street Northwest | Albuquerque | Bernalillo | NM | 87114 | 2018 | NAP | 19,021 | Square Feet | 100.0% | 10/15/2018 | $5,090,000 | 10/03/2018 | |||
7.07 | Property | Walgreens - Sheboygan, WI | 1 | Retail | Single Tenant | Fee | NAP | 3320 Business Drive | Sheboygan | Sheboygan | WI | 53081 | 2000 | NAP | 15,046 | Square Feet | 100.0% | 10/15/2018 | $4,680,000 | 10/01/2018 | |||
7.08 | Property | Walgreens - Oswego, IL | 1 | Retail | Single Tenant | Fee | NAP | 410 Chicago Road | Oswego | Kendall | IL | 60543 | 2000 | NAP | 15,005 | Square Feet | 100.0% | 10/15/2018 | $4,610,000 | 10/03/2018 | |||
7.09 | Property | Walgreens - Waco, TX | 1 | Retail | Single Tenant | Fee | NAP | 4100 Bosque Boulevard | Waco | McLennan | TX | 76710 | 1998 | NAP | 13,808 | Square Feet | 100.0% | 10/15/2018 | $4,320,000 | 10/03/2018 | |||
7.10 | Property | Tractor Supply - Antioch, IL | 1 | Retail | Single Tenant | Fee | NAP | 1325 Main Street | Antioch | Lake | IL | 60002 | 2018 | NAP | 19,041 | Square Feet | 100.0% | 10/15/2018 | $4,300,000 | 09/29/2018 | |||
7.11 | Property | Walgreens - Austin, TX | 1 | Retail | Single Tenant | Fee | NAP | 11810 Ranch Road 620 North | Cedar Park | Williamson | TX | 78613 | 1998 | NAP | 13,826 | Square Feet | 100.0% | 10/15/2018 | $4,000,000 | 10/03/2018 | |||
7.12 | Property | Walgreens - Flower Mound, TX | 1 | Retail | Single Tenant | Fee | NAP | 1101 Cross Timbers Road | Flower Mound | Denton | TX | 75028 | 1998 | NAP | 13,870 | Square Feet | 100.0% | 10/15/2018 | $4,000,000 | 10/03/2018 | |||
7.13 | Property | Tractor Supply - Columbia Station, OH | 1 | Retail | Single Tenant | Fee | NAP | 24100 Royalton Road | Columbia Station | Lorain | OH | 44028 | 2018 | NAP | 19,028 | Square Feet | 100.0% | 10/15/2018 | $3,525,000 | 10/01/2018 | |||
7.14 | Property | Fresenius Medical Care - Brownsville, TX | 1 | Office | Medical | Fee | NAP | 2600 North Coria Street | Brownsville | Cameron | TX | 78520 | 1992 | NAP | 10,325 | Square Feet | 100.0% | 10/15/2018 | $2,970,000 | 10/04/2018 | |||
7.15 | Property | CVS Pharmacy - Peoria Heights, IL | 1 | Retail | Single Tenant | Fee | NAP | 4521 North Prospect Road | Peoria Heights | Peoria | IL | 61614 | 1998 | NAP | 10,090 | Square Feet | 100.0% | 10/15/2018 | $2,610,000 | 10/03/2018 | |||
7.16 | Property | Advance Auto Parts - Grayslake, IL | 1 | Retail | Single Tenant | Fee | NAP | 995 East Belvidere Road | Grayslake | Lake | IL | 60030 | 2012 | NAP | 9,418 | Square Feet | 100.0% | 10/15/2018 | $2,475,000 | 09/29/2018 | |||
7.17 | Property | Dollar General - Lancaster, PA | 1 | Retail | Single Tenant | Fee | NAP | 3510 Marietta Avenue | Lancaster | Lancaster | PA | 17601 | 2017 | NAP | 9,167 | Square Feet | 100.0% | 10/15/2018 | $1,700,000 | 10/05/2018 | |||
7.18 | Property | Sherwin Williams - Painesville, OH | 1 | Retail | Single Tenant | Fee | NAP | 2035 Mentor Avenue | Painesville | Lake | OH | 44077 | 2018 | NAP | 4,528 | Square Feet | 100.0% | 10/15/2018 | $1,610,000 | 10/03/2018 | |||
7.19 | Property | Dollar General - Herminie, PA | 1 | Retail | Single Tenant | Fee | NAP | 205 Highland Avenue | Herminie | Westmoreland | PA | 15637 | 2018 | NAP | 9,512 | Square Feet | 100.0% | 10/15/2018 | $1,600,000 | 10/01/2018 | |||
7.20 | Property | Dollar General - Tallahassee, FL | 1 | Retail | Single Tenant | Fee | NAP | 4600 Crawfordville Road | Tallahassee | Leon | FL | 32305 | 2010 | NAP | 9,221 | Square Feet | 100.0% | 10/15/2018 | $1,550,000 | 10/03/2018 | |||
7.21 | Property | Dollar General - Gibsonia, PA | 1 | Retail | Single Tenant | Fee | NAP | 289 Oak Road | Gibsonia | Allegheny | PA | 15044 | 2018 | NAP | 9,533 | Square Feet | 100.0% | 10/15/2018 | $1,500,000 | 10/01/2018 | |||
7.22 | Property | Dollar General - Mansfield, OH | 1 | Retail | Single Tenant | Fee | NAP | 875 Woodville Road | Mansfield | Richland | OH | 44907 | 2018 | NAP | 9,226 | Square Feet | 100.0% | 10/15/2018 | $1,455,000 | 07/02/2018 | |||
7.23 | Property | Advance Auto Parts - McDonough, GA | 1 | Retail | Single Tenant | Fee | NAP | 250 Keys Ferry Street | McDonough | Henry | GA | 30253 | 1998 | NAP | 5,522 | Square Feet | 100.0% | 10/15/2018 | $1,350,000 | 10/01/2018 | |||
7.24 | Property | Dollar Tree - Cleveland, OH | 1 | Retail | Single Tenant | Fee | NAP | 12709 Bellaire Road | Cleveland | Cuyahoga | OH | 44135 | 2017 | NAP | 9,725 | Square Feet | 100.0% | 10/15/2018 | $1,275,000 | 10/03/2018 | |||
8 | (21) | Loan | 2 North 6th Place | 4.1% | 1 | Multifamily | High Rise | Fee | NAP | 2 North 6th Place | Brooklyn | Kings | NY | 11249 | 2018 | NAP | 554 | Units | 85.6% | 2/1/2019 | $530,000,000 | 5/7/2018 | |
9 | (21) | Loan | Saint Louis Galleria | 4.0% | 1 | Retail | Super Regional Mall | Fee | NAP | 1155 Saint Louis Galleria | St. Louis | St. Louis | MO | 63117 | 1986 | 2011 | 465,695 | Square Feet | 96.9% | 9/30/2018 | $465,600,000 | 09/24/2018 | |
10 | Loan | Courtyard San Antonio Riverwalk | 3.4% | 1 | Hotel | Select Service | Fee | NAP | 207 North Saint Mary’s Street | San Antonio | Bexar | TX | 78205 | 2009 | 2017-2018 | 220 | Rooms | 78.1% | 11/30/2018 | $47,900,000 | 11/20/2018 | ||
11 | Loan | Georgetown Squared & Seattle Design Center | 3.1% | 1 | Mixed Use | Office/Design Showroom | Fee | NAP | 5701 & 5601 Sixth Avenue South, 406, 412 and 416 South Orcas Street and 5616 4th Avenue South | Seattle | King | WA | 98101 | 1973-1983 | 2014-2018 | 430,728 | Square Feet | 82.2% | 7/1/2018 | $130,300,000 | 6/26/2018 | ||
12 | (21) | Loan | Temperance Industrial | 3.1% | 1 | Industrial | Warehouse | Fee | NAP | 7111 Crabb Road | Temperance | Monroe | MI | 48182 | 1978 | 2017 | 756,856 | Square Feet | 100.0% | 1/31/2019 | $39,500,000 | 5/4/2018 | |
13 | Loan | Continental Towers | 3.0% | 1 | Office | Suburban | Fee | NAP | 1701 West Golf Road | Rolling Meadows | Cook | IL | 60008 | 1978-1982 | 2013-2018 | 910,717 | Square Feet | 89.1% | 7/10/2018 | $121,700,000 | 7/15/2018 | ||
14 | Loan | Culver City Medical | 3.0% | 1 | Office | Medical | Fee | NAP | 3831 Hughes Avenue | Culver City | Los Angeles | CA | 90232 | 1981 | 2017-2018 | 56,587 | Square Feet | 90.7% | 12/6/2018 | $41,500,000 | 10/25/2018 | ||
15 | Loan | Nebraska Crossing | 2.8% | 1 | Retail | Outlet Center | Fee | NAP | 21209-21417 Nebraska Crossing Drive | Gretna | Sarpy | NE | 68028 | 2013 | NAP | 367,047 | Square Feet | 99.0% | 10/10/2018 | $150,000,000 | 05/18/2018 | ||
16 | Loan | Desert Marketplace | 2.8% | 1 | Retail | Anchored | Fee | NAP | 8435-8595 West Warm Springs Road | Las Vegas | Clark | NV | 89113 | 2009 | NAP | 186,872 | Square Feet | 99.2% | 10/10/2018 | $49,800,000 | 7/20/2018 | ||
17 | Loan | One Lincoln Center | 2.7% | 1 | Office | CBD | Fee | NAP | 110 West Fayette Street | Syracuse | Onondaga | NY | 13202 | 1972 | 1995 | 305,598 | Square Feet | 85.5% | 11/1/2018 | $31,000,000 | 11/20/2018 | ||
18 | Loan | WHG Portfolio | 2.5% | 5 | Hotel | Extended Stay | Fee | NAP | Various | Various | Various | Various | Various | Various | Various | 656 | Rooms | 81.3% | 10/31/2018 | $38,100,000 | Various | ||
18.01 | Property | HomeTowne Studios - Casselberry, FL | 1 | Hotel | Extended Stay | Fee | NAP | 210 North Oxford Road | Casselberry | Seminole | FL | 32707 | 1999 | 2016-2017 | 143 | Rooms | 91.9% | 10/31/2018 | $10,600,000 | 4/2/2018 | |||
18.02 | Property | HomeTowne Studios - Delegates, FL | 1 | Hotel | Extended Stay | Fee | NAP | 9435 Delegates Drive | Orlando | Orange | FL | 32837 | 1998 | NAP | 142 | Rooms | 83.9% | 10/31/2018 | $8,900,000 | 4/2/2018 | |||
18.03 | Property | HomeTowne Studios - Concord, NC | 1 | Hotel | Extended Stay | Fee | NAP | 7725 Sossamon Lane Northwest | Concord | Cabarrus | NC | 28027 | 2003 | 2016 | 101 | Rooms | 77.1% | 10/31/2018 | $6,100,000 | 4/4/2018 | |||
18.04 | Property | HomeTowne Studios - Chamblee, GA | 1 | Hotel | Extended Stay | Fee | NAP | 2050 Peachtree Industrial Ct | Chamblee | DeKalb | GA | 30341 | 1998 | NAP | 149 | Rooms | 77.0% | 10/31/2018 | $7,800,000 | 4/4/2018 | |||
18.05 | Property | HomeTowne Studios - Columbus, OH | 1 | Hotel | Extended Stay | Fee | NAP | 6275 Quarter Horse Drive | Columbus | Franklin | OH | 43229 | 2009 | 2017 | 121 | Rooms | 74.5% | 10/31/2018 | $4,700,000 | 4/6/2018 | |||
19 | (21) | Loan | Country Club Corners | 2.5% | 1 | Retail | Anchored | Fee | NAP | 2295, 2337, 2417, and 2431 South Woodland Boulevard | Deland | Volusia | FL | 32724 | 2015-2018 | NAP | 91,018 | Square Feet | 100.0% | 12/17/2018 | $28,800,000 | 9/17/2018 | |
20 | Loan | Route 66 Promenade | 2.2% | 1 | Retail | Anchored | Fee | NAP | 1800-1854 East Route 66 and 625 & 645 South Lone Hill Avenue | Glendora | Los Angeles | CA | 91740 | 1977-1979 | NAP | 77,624 | Square Feet | 100.0% | 10/31/2018 | $28,900,000 | 7/10/2018 | ||
21 | Loan | Mesa Royale Senior Apartments | 1.9% | 1 | Multifamily | Garden | Fee | NAP | 1825 North Stapley Drive | Mesa | Maricopa | AZ | 85203 | 1985 | 2008 | 152 | Units | 96.7% | 12/4/2018 | $21,800,000 | 11/16/2017 | ||
22 | Loan | Town Point Center | 1.8% | 1 | Office | CBD | Fee | NAP | 150 Boush Street | Norfolk | Norfolk City | VA | 23510 | 1986 | NAP | 132,583 | Square Feet | 92.4% | 12/31/2018 | $20,900,000 | 10/2/2018 | ||
23 | Loan | Brooklyn Multifamily Portfolio | 1.7% | 3 | Multifamily | Mid Rise | Fee | NAP | Various | Brooklyn | Kings | NY | Various | Various | Various | 22 | Units | 100.0% | Various | $19,850,000 | Various | ||
23.01 | Property | 555-557 Union Street | 1 | Multifamily | Mid Rise | Fee | NAP | 555-557 Union Street | Brooklyn | Kings | NY | 11215 | 1920 | 2018 | 8 | Units | 100.0% | 12/1/2018 | $10,650,000 | 11/30/2018 | |||
23.02 | Property | 141 Troutman Street | 1 | Multifamily | Mid Rise | Fee | NAP | 141 Troutman Street | Brooklyn | Kings | NY | 11206 | 1931 | 2016 | 6 | Units | 100.0% | 12/1/2018 | $4,600,000 | 11/30/2018 | |||
23.03 | Property | 243 Suydam Street | 1 | Multifamily | Mid Rise | Fee | NAP | 243 Suydam Street | Brooklyn | Kings | NY | 11237 | 1930 | 2018 | 8 | Units | 100.0% | 1/29/2019 | $4,600,000 | 12/31/2018 | |||
24 | Loan | Homewood Suites by Hilton Concord Charlotte | 1.7% | 1 | Hotel | Extended Stay | Fee | NAP | 7200 Scott Padgett Parkway | Concord | Cabarrus | NC | 28027 | 2016 | NAP | 115 | Rooms | 83.3% | 11/30/2018 | $22,500,000 | 12/1/2018 | ||
25 | Loan | Hampton Inn & Suites Fayetteville | 1.4% | 1 | Hotel | Limited Service | Fee | NAP | 2065 Cedar Creek Road | Fayetteville | Cumberland | NC | 28312 | 2017 | NAP | 114 | Rooms | 84.3% | 10/31/2018 | $18,000,000 | 6/29/2018 | ||
26 | Loan | Prudential - Digital Realty Portfolio | 1.3% | 8 | Other | Data Center | Fee | NAP | Various | Various | Various | Various | Various | Various | Various | 1,042,933 | Square Feet | 100.0% | 9/6/2018 | $387,600,000 | Various | ||
26.01 | Property | 14901 FAA Boulevard | 1 | Other | Data Center | Fee | NAP | 14901 FAA Boulevard | Fort Worth | Tarrant | TX | 76155 | 2000 | NAP | 263,700 | Square Feet | 100.0% | 9/6/2018 | $78,300,000 | 7/13/2018 | |||
26.02 | Property | 4650 Old Ironsides Drive | 1 | Other | Data Center | Fee | NAP | 4650 Old Ironsides Drive | Santa Clara | Santa Clara | CA | 95054 | 1977 | 2012 | 124,383 | Square Feet | 100.0% | 9/6/2018 | $68,400,000 | 7/6/2018 | |||
26.03 | Property | 43790 Devin Shafron Drive | 1 | Other | Data Center | Fee | NAP | 43790 Devin Shafron Drive | Ashburn | Loudoun | VA | 20147 | 2011 | NAP | 152,138 | Square Feet | 100.0% | 9/6/2018 | $55,300,000 | 7/16/2018 | |||
26.04 | Property | 636 Pierce Street | 1 | Other | Data Center | Fee | NAP | 636 Pierce Street | Somerset | Somerset | NJ | 08873 | 2001 | 2003 | 108,336 | Square Feet | 100.0% | 9/6/2018 | $45,800,000 | 7/12/2018 | |||
26.05 | Property | 21551 Beaumeade Circle | 1 | Other | Data Center | Fee | NAP | 21551 Beaumeade Circle | Ashburn | Loudoun | VA | 20147 | 2012 | NAP | 152,504 | Square Feet | 100.0% | 9/6/2018 | $41,300,000 | 7/6/2018 | |||
26.06 | Property | 7505 Mason King Court | 1 | Other | Data Center | Fee | NAP | 7505 Mason King Court | Manassas | Prince William | VA | 20109 | 2003 | NAP | 109,650 | Square Feet | 100.0% | 9/6/2018 | $35,900,000 | 7/10/2018 | |||
26.07 | Property | 4700 Old Ironsides Drive | 1 | Other | Data Center | Fee | NAP | 4700 Old Ironsides Drive | Santa Clara | Santa Clara | CA | 95054 | 1993 | 1997 | 90,139 | Square Feet | 100.0% | 9/6/2018 | $34,900,000 | 7/6/2018 | |||
26.08 | Property | 444 Toyama Drive | 1 | Other | Data Center | Fee | NAP | 444 Toyama Drive | Sunnyvale | Santa Clara | CA | 94089 | 1999 | NAP | 42,083 | Square Feet | 100.0% | 9/6/2018 | $27,700,000 | 7/6/2018 | |||
27 | Loan | Hampton Inn & Suites Walterboro | 1.3% | 1 | Hotel | Limited Service | Fee | NAP | 129 Cane Branch Road | Walterboro | Colleton | SC | 29488 | 2017 | NAP | 98 | Rooms | 83.4% | 10/31/2018 | $16,300,000 | 6/28/2018 | ||
28 | Loan | Jewel Osco & State Road Plaza | 1.1% | 1 | Retail | Anchored | Fee | NAP | 8707-8767 South Ridgeland Avenue | Oak Lawn | Cook | IL | 60453 | 1965-1996 | 2012 | 66,815 | Square Feet | 78.5% | 11/30/2018 | $14,900,000 | 8/13/2018 | ||
29 | Loan | Diehl Point at Cantera | 1.0% | 1 | Office | Suburban | Fee | NAP | 27755-27775 Diehl Road | Warrenville | DuPage | IL | 60555 | 1998 & 1999 | NAP | 88,592 | Square Feet | 100.0% | 1/4/2019 | $13,200,000 | 12/20/2018 | ||
30 | Loan | Staybridge Suites Fort Worth | 0.9% | 1 | Hotel | Extended Stay | Fee | NAP | 6301 North Freeway | Fort Worth | Tarrant | TX | 76131 | 2016 | NAP | 84 | Rooms | 81.5% | 12/31/2018 | $11,700,000 | 11/19/2018 | ||
31 | Loan | El Camino Drive | 0.9% | 1 | Office | Suburban | Fee | NAP | 120 El Camino Drive | Beverly Hills | Los Angeles | CA | 90212 | 1956 | 2016-2017 | 15,121 | Square Feet | 100.0% | 10/1/2018 | $13,800,000 | 10/13/2017 | ||
32 | Loan | Shops at College Claremont | 0.8% | 1 | Retail | Shadow Anchored | Fee | NAP | 6300 College Avenue | Oakland | Alameda | CA | 94705 | 2014 | NAP | 9,498 | Square Feet | 100.0% | 12/4/2018 | $10,800,000 | 8/8/2018 | ||
33 | Loan | R&R REIT Extended Stay | 0.7% | 2 | Hotel | Extended Stay | Fee | NAP | Various | Various | Various | Various | Various | Various | Various | 257 | Rooms | 71.8% | 9/30/2018 | $10,300,000 | Various | ||
33.01 | Property | HomeTowne Covington | 1 | Hotel | Extended Stay | Fee | NAP | 9161 City Pond Road | Covington | Newton | GA | 30014 | 2001 | 2014-2015 | 139 | Rooms | N/A | N/A | $6,200,000 | 9/20/2018 | |||
33.02 | Property | HomeTowne Bentonville | 1 | Hotel | Extended Stay | Fee | NAP | 200 Southwest Suburban Drive | Bentonville | Benton | AR | 72712 | 2008 | NAP | 118 | Rooms | N/A | N/A | $4,100,000 | 9/19/2018 | |||
34 | Loan | Charlotte Storage Portfolio | 0.5% | 2 | Self Storage | Self Storage | Fee | NAP | Various | Various | Various | Various | Various | Various | Various | 78,797 | Square Feet | 91.6% | 6/1/2018 | $6,900,000 | 6/29/2018 | ||
34.01 | Property | Mooresville Storage | 1 | Self Storage | Self Storage | Fee | NAP | 196 East Plaza Drive | Mooresville | Iredell | NC | 28115 | 1995 | NAP | N/A | N/A | N/A | N/A | $3,600,000 | 6/29/2018 | |||
34.02 | Property | Rock Hill Storage | 1 | Self Storage | Self Storage | Fee | NAP | 1450 Celanese Road & 1015 Park Avenue | Rock Hill | York | SC | 29732 | 1994 | 2016 | N/A | N/A | N/A | N/A | $3,300,000 | 6/29/2018 | |||
35 | Loan | Gold Country Center | 0.5% | 1 | Retail | Anchored | Fee | NAP | 781 CA Highway 49 | Jackson | Amador | CA | 95642 | 1998 | 2013 | 67,665 | Square Feet | 100.0% | 10/02/2018 | $7,300,000 | 10/05/2018 | ||
36 | Loan | CVS - Greenfield, IN | 0.4% | 1 | Retail | Single Tenant | Fee | NAP | 1233 North State Street | Greenfield | Hancock | IN | 46140 | 1999 | NAP | 10,125 | Square Feet | 100.0% | 10/1/2017 | $5,300,000 | 9/7/2017 |
A-1-2
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
MORTGAGE LOAN CHARACTERISTICS | ||||||||||||||||||||||||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | % of Initial Pool Balance | Interest Rate % | Admin Fee Rate %(8) | Net Mortgage Rate % | Interest Accrual Basis | Seasoning (mos.) | ARD (Yes/No) | Original Term to Maturity (mos.) | Remaining Term to Maturity (mos.) | Original Interest-Only Period (mos.) | Remaining Interest-Only Period (mos.) | Original Amortization Term (mos.) | Remaining Amortization Term (mos.) | Note Date | First Payment Date | First P&I Payment Date (Partial IO Loans) | Maturity Date | ARD Loan Stated Maturity Date | Monthly Debt Service (P&I) | Monthly Debt Service (IO) | Annual Debt Service (P&I) | Annual Debt Service (IO) | Lockbox Type(9) | Cash Management Status | Crossed With Other Loans | Related-Borrower Loans | UW NOI DSCR (P&I)(10) | UW NOI DSCR (IO) | UW NCF DSCR (P&I)(10) | UW NCF DSCR (IO) | Cut-Off Date LTV Ratio(7) | Maturity Date LTV Ratio(7) | |
1 | Loan | Darden Headquarters | 9.6% | 4.7700% | 0.01382% | 4.75618% | Actual/360 | 2 | No | 120 | 118 | 120 | 118 | 0 | 0 | 12/21/2018 | 2/6/2019 | NAP | 1/6/2029 | 1/6/2029 | NAP | $322,416.67 | NAP | $3,869,000 | Hard | In-Place | No | No | NAP | 1.68x | NAP | 1.67x | 69.9% | 69.9% | ||
2 | Loan | Embassy Suites Portland Washington Square | 6.8% | 5.3040% | 0.01382% | 5.29018% | Actual/360 | 1 | No | 120 | 119 | 60 | 59 | 360 | 360 | 1/25/2019 | 3/6/2019 | 3/6/2024 | 2/6/2029 | 2/6/2029 | $312,498.61 | $252,078.13 | $3,749,983 | $3,024,938 | Hard | Springing | No | No | 1.73x | 2.15x | 1.53x | 1.90x | 67.9% | 62.9% | ||
3 | Loan | SITE JV Portfolio | 6.0% | 4.8000% | 0.01507% | 4.78493% | Actual/360 | 3 | No | 64 | 61 | 64 | 61 | 0 | 0 | 11/29/2018 | 1/6/2019 | NAP | 4/6/2024 | 4/6/2024 | NAP | $202,777.78 | NAP | $2,433,333 | Hard | Springing | No | No | NAP | 3.94x | NAP | 3.63x | 35.5% | 35.5% | ||
3.01 | Property | Ahwatukee Foothills Towne Center | NAP | 3.94x | NAP | 3.63x | 35.5% | 35.5% | ||||||||||||||||||||||||||||
3.02 | Property | Connecticut Commons | NAP | 3.94x | NAP | 3.63x | 35.5% | 35.5% | ||||||||||||||||||||||||||||
3.03 | Property | Independence Commons | NAP | 3.94x | NAP | 3.63x | 35.5% | 35.5% | ||||||||||||||||||||||||||||
3.04 | Property | Brookside Marketplace | NAP | 3.94x | NAP | 3.63x | 35.5% | 35.5% | ||||||||||||||||||||||||||||
3.05 | Property | University Centre | NAP | 3.94x | NAP | 3.63x | 35.5% | 35.5% | ||||||||||||||||||||||||||||
3.06 | Property | Towne Center Prado | NAP | 3.94x | NAP | 3.63x | 35.5% | 35.5% | ||||||||||||||||||||||||||||
3.07 | Property | Poyner Place | NAP | 3.94x | NAP | 3.63x | 35.5% | 35.5% | ||||||||||||||||||||||||||||
3.08 | Property | Route 22 Retail Center | NAP | 3.94x | NAP | 3.63x | 35.5% | 35.5% | ||||||||||||||||||||||||||||
3.09 | Property | Commonwealth Center | NAP | 3.94x | NAP | 3.63x | 35.5% | 35.5% | ||||||||||||||||||||||||||||
3.10 | Property | Ashley Crossing | NAP | 3.94x | NAP | 3.63x | 35.5% | 35.5% | ||||||||||||||||||||||||||||
4 | Loan | 787 Eleventh Avenue | 5.4% | 4.5303% | 0.01382% | 4.51650% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 01/09/2019 | 03/08/2019 | NAP | 02/08/2029 | 02/08/2029 | NAP | $172,246.42 | NAP | $2,066,957 | Hard | Springing | No | No | NAP | 3.14x | NAP | 3.01x | 26.9% | 26.9% | ||
5 | Loan | Causeway Square | 5.4% | 5.2650% | 0.04382% | 5.22118% | Actual/360 | 4 | No | 120 | 116 | 59 | 55 | 360 | 360 | 10/19/2018 | 12/5/2018 | 11/5/2023 | 11/5/2028 | 11/5/2028 | $248,909.91 | $200,179.69 | $2,986,919 | $2,402,156 | Soft | In-Place | No | No | 1.33x | 1.66x | 1.29x | 1.61x | 65.3% | 60.4% | ||
6 | Loan | Bernardus Lodge & Spa | 5.2% | 5.3470% | 0.04382% | 5.30318% | Actual/360 | 5 | No | 120 | 115 | 59 | 54 | 360 | 360 | 10/3/2018 | 11/5/2018 | 10/5/2023 | 10/5/2028 | 10/5/2028 | $242,828.71 | $196,520.82 | $2,913,945 | $2,358,250 | Hard | Springing | No | No | 2.05x | 2.53x | 1.72x | 2.13x | 54.4% | 50.3% | ||
7 | Loan | ExchangeRight Net Leased Portfolio 24 | 4.2% | 4.5500% | 0.01382% | 4.53618% | Actual/360 | 4 | No | 120 | 116 | 120 | 116 | 0 | 0 | 10/23/2018 | 12/01/2018 | NAP | 11/01/2028 | 11/01/2028 | NAP | $134,551.50 | NAP | $1,614,618 | Hard | Springing | No | No | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||
7.01 | Property | BioLife Plasma Services L.P. - West Des Moines, IA | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.02 | Property | BioLife Plasma Services L.P. - Mt. Juliet, TN | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.03 | Property | Walgreens - Romeoville, IL | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.04 | Property | Walgreens - Lawrenceville, GA | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.05 | Property | Pick ‘n Save - Wisconsin Rapids, WI | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.06 | Property | Tractor Supply - Albuquerque, NM | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.07 | Property | Walgreens - Sheboygan, WI | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.08 | Property | Walgreens - Oswego, IL | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.09 | Property | Walgreens - Waco, TX | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.10 | Property | Tractor Supply - Antioch, IL | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.11 | Property | Walgreens - Austin, TX | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.12 | Property | Walgreens - Flower Mound, TX | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.13 | Property | Tractor Supply - Columbia Station, OH | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.14 | Property | Fresenius Medical Care - Brownsville, TX | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.15 | Property | CVS Pharmacy - Peoria Heights, IL | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.16 | Property | Advance Auto Parts - Grayslake, IL | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.17 | Property | Dollar General - Lancaster, PA | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.18 | Property | Sherwin Williams - Painesville, OH | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.19 | Property | Dollar General - Herminie, PA | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.20 | Property | Dollar General - Tallahassee, FL | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.21 | Property | Dollar General - Gibsonia, PA | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.22 | Property | Dollar General - Mansfield, OH | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.23 | Property | Advance Auto Parts - McDonough, GA | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
7.24 | Property | Dollar Tree - Cleveland, OH | NAP | 2.07x | NAP | 2.04x | 62.0% | 62.0% | ||||||||||||||||||||||||||||
8 | (21) | Loan | 2 North 6th Place | 4.1% | 4.5322% | 0.01382% | 4.51833% | Actual/360 | 7 | No | 120 | 113 | 120 | 113 | 0 | 0 | 7/27/2018 | 9/5/2018 | NAP | 8/5/2028 | 8/5/2028 | NAP | $130,194.51 | NAP | $1,562,334 | Soft | Springing | No | No | NAP | 2.69x | NAP | 2.68x | 30.3% | 30.3% | |
9 | (21) | Loan | Saint Louis Galleria | 4.0% | 4.9968% | 0.01507% | 4.98170% | Actual/360 | 4 | No | 120 | 116 | 60 | 56 | 360 | 360 | 11/01/2018 | 12/01/2018 | 12/1/2023 | 11/01/2028 | 11/01/2028 | $184,127.15 | $141,518.21 | $2,209,526 | $1,698,219 | Hard | Springing | No | No | 1.72x | 2.23x | 1.67x | 2.18x | 51.5% | 47.0% | |
10 | Loan | Courtyard San Antonio Riverwalk | 3.4% | 5.3500% | 0.01382% | 5.33618% | Actual/360 | 2 | No | 120 | 118 | 120 | 118 | 0 | 0 | 12/19/2018 | 2/6/2019 | NAP | 1/6/2029 | 1/6/2029 | NAP | $125,663.08 | NAP | $1,507,957 | Springing | Springing | No | No | NAP | 2.63x | NAP | 2.25x | 58.0% | 58.0% | ||
11 | Loan | Georgetown Squared & Seattle Design Center | 3.1% | 5.0600% | 0.01507% | 5.04493% | Actual/360 | 6 | No | 120 | 114 | 36 | 30 | 360 | 360 | 9/5/2018 | 10/6/2018 | 10/6/2021 | 9/6/2028 | 9/6/2028 | $140,528.58 | $111,156.02 | $1,686,343 | $1,333,872 | Hard | In-Place | No | No | 1.15x | 1.45x | 1.05x | 1.33x | 69.8% | 61.9% | ||
12 | (21) | Loan | Temperance Industrial | 3.1% | 5.3200% | 0.04382% | 5.27618% | Actual/360 | 6 | No | 120 | 114 | 33 | 33 | 360 | 354 | 9/4/2018 | 10/5/2018 | 10/5/2018 | 9/5/2028 | 9/5/2028 | $143,310.93 | $102,619.35 | $1,719,731 | $1,231,432 | Hard | In-Place | No | No | 1.60x | 2.23x | 1.40x | 1.96x | 64.8% | 57.8% | |
13 | Loan | Continental Towers | 3.0% | 4.7500% | 0.01507% | 4.73493% | Actual/360 | 6 | No | 120 | 114 | 120 | 114 | 0 | 0 | 8/9/2018 | 10/6/2018 | NAP | 9/6/2028 | 9/6/2028 | NAP | $100,332.75 | NAP | $1,203,993 | Hard | In-Place | No | No | NAP | 2.72x | NAP | 2.34x | 69.4% | 69.4% | ||
14 | Loan | Culver City Medical | 3.0% | 4.6600% | 0.04382% | 4.61618% | Actual/360 | 2 | No | 120 | 118 | 120 | 118 | 0 | 0 | 12/11/2018 | 2/5/2019 | NAP | 1/5/2029 | 1/5/2029 | NAP | $98,431.71 | NAP | $1,181,181 | Hard | In-Place | No | Group A | NAP | 1.97x | NAP | 1.94x | 60.2% | 60.2% | ||
15 | Loan | Nebraska Crossing | 2.8% | 5.2100% | 0.01382% | 5.19618% | Actual/360 | 4 | No | 120 | 116 | 60 | 56 | 360 | 360 | 10/31/2018 | 12/01/2018 | 12/1/2023 | 11/01/2028 | 11/01/2028 | $129,186.27 | $103,446.24 | $1,550,235 | $1,241,355 | Hard | Springing | No | No | 1.92x | 2.40x | 1.82x | 2.27x | 47.7% | 44.1% | ||
16 | Loan | Desert Marketplace | 2.8% | 5.4150% | 0.04382% | 5.37118% | Actual/360 | 4 | No | 120 | 116 | 48 | 44 | 360 | 360 | 10/17/2018 | 12/5/2018 | 12/5/2022 | 11/5/2028 | 11/5/2028 | $129,367.52 | $105,228.99 | $1,552,410 | $1,262,748 | Hard | In-Place | No | No | 1.28x | 1.57x | 1.25x | 1.53x | 66.3% | 60.4% | ||
17 | Loan | One Lincoln Center | 2.7% | 5.4000% | 0.04382% | 5.35618% | Actual/360 | 2 | No | 120 | 118 | 24 | 22 | 360 | 360 | 12/18/2018 | 2/5/2019 | 2/5/2021 | 1/5/2029 | 1/5/2029 | $127,748.26 | $103,796.88 | $1,532,979 | $1,245,563 | Soft | Springing | No | No | 1.51x | 1.86x | 1.27x | 1.57x | 73.4% | 64.1% | ||
18 | Loan | WHG Portfolio | 2.5% | 5.2550% | 0.04382% | 5.21118% | Actual/360 | 7 | No | 120 | 113 | 23 | 16 | 300 | 300 | 7/24/2018 | 9/5/2018 | 8/5/2020 | 8/5/2028 | 8/5/2028 | $122,906.26 | $91,019.76 | $1,474,875 | $1,092,237 | Hard | Springing | No | Group C | 2.45x | 3.31x | 2.16x | 2.91x | 53.8% | 43.7% | ||
18.01 | Property | HomeTowne Studios - Casselberry, FL | 2.45x | 3.31x | 2.16x | 2.91x | 53.8% | 43.7% | ||||||||||||||||||||||||||||
18.02 | Property | HomeTowne Studios - Delegates, FL | 2.45x | 3.31x | 2.16x | 2.91x | 53.8% | 43.7% | ||||||||||||||||||||||||||||
18.03 | Property | HomeTowne Studios - Concord, NC | 2.45x | 3.31x | 2.16x | 2.91x | 53.8% | 43.7% | ||||||||||||||||||||||||||||
18.04 | Property | HomeTowne Studios - Chamblee, GA | 2.45x | 3.31x | 2.16x | 2.91x | 53.8% | 43.7% | ||||||||||||||||||||||||||||
18.05 | Property | HomeTowne Studios - Columbus, OH | 2.45x | 3.31x | 2.16x | 2.91x | 53.8% | 43.7% | ||||||||||||||||||||||||||||
19 | (21) | Loan | Country Club Corners | 2.5% | 5.1127% | 0.04382% | 5.06886% | Actual/360 | 3 | No | 120 | 117 | 36 | 33 | 360 | 360 | 11/19/2018 | 1/5/2019 | 1/5/2022 | 12/5/2028 | 12/5/2028 | $111,476.04 | $88,797.36 | $1,337,712 | $1,065,568 | Springing | Springing | No | No | 1.26x | 1.59x | 1.24x | 1.55x | 71.2% | 63.1% | |
20 | Loan | Route 66 Promenade | 2.2% | 4.9000% | 0.04382% | 4.85618% | Actual/360 | 5 | No | 120 | 115 | 120 | 115 | 0 | 0 | 9/25/2018 | 11/5/2018 | NAP | 10/5/2028 | 10/5/2028 | NAP | $76,590.86 | NAP | $919,090 | Springing | Springing | No | Group A | NAP | 1.80x | NAP | 1.74x | 64.0% | 64.0% | ||
21 | Loan | Mesa Royale Senior Apartments | 1.9% | 4.7100% | 0.04382% | 4.66618% | Actual/360 | 14 | No | 120 | 106 | 24 | 10 | 360 | 360 | 12/27/2017 | 2/5/2018 | 2/5/2020 | 1/5/2028 | 1/5/2028 | $81,001.29 | $62,080.42 | $972,015 | $744,965 | Springing | Springing | No | No | 1.28x | 1.67x | 1.24x | 1.62x | 71.6% | 61.5% | ||
22 | Loan | Town Point Center | 1.8% | 5.3500% | 0.01382% | 5.33618% | Actual/360 | 2 | No | 120 | 118 | 36 | 34 | 360 | 360 | 12/20/2018 | 2/6/2019 | 2/6/2022 | 1/6/2029 | 1/6/2029 | $85,437.30 | $69,159.90 | $1,025,248 | $829,919 | Hard | Springing | No | No | 1.63x | 2.01x | 1.53x | 1.88x | 73.2% | 65.3% | ||
23 | Loan | Brooklyn Multifamily Portfolio | 1.7% | 5.6000% | 0.01382% | 5.58618% | Actual/360 | 2 | No | 120 | 118 | 120 | 118 | 0 | 0 | 12/14/2018 | 2/6/2019 | NAP | 1/6/2029 | 1/6/2029 | NAP | $66,240.74 | NAP | $794,889 | Springing | Springing | No | No | NAP | 1.34x | NAP | 1.33x | 70.5% | 70.5% | ||
23.01 | Property | 555-557 Union Street | NAP | 1.34x | NAP | 1.33x | 70.5% | 70.5% | ||||||||||||||||||||||||||||
23.02 | Property | 141 Troutman Street | NAP | 1.34x | NAP | 1.33x | 70.5% | 70.5% | ||||||||||||||||||||||||||||
23.03 | Property | 243 Suydam Street | NAP | 1.34x | NAP | 1.33x | 70.5% | 70.5% | ||||||||||||||||||||||||||||
24 | Loan | Homewood Suites by Hilton Concord Charlotte | 1.7% | 5.2100% | 0.04382% | 5.16618% | Actual/360 | 2 | No | 120 | 118 | 0 | 0 | 360 | 358 | 12/21/2018 | 2/5/2019 | NAP | 1/5/2029 | 1/5/2029 | $76,962.03 | NAP | $923,544 | NAP | Springing | Springing | No | Group B | 1.96x | NAP | 1.77x | NAP | 62.1% | 51.5% | ||
25 | Loan | Hampton Inn & Suites Fayetteville | 1.4% | 5.1000% | 0.04382% | 5.05618% | Actual/360 | 6 | No | 120 | 114 | 0 | 0 | 300 | 294 | 8/30/2018 | 10/5/2018 | NAP | 9/5/2028 | 9/5/2028 | $67,899.57 | NAP | $814,795 | NAP | Springing | Springing | No | Group B | 2.16x | NAP | 1.96x | NAP | 63.3% | 47.9% | ||
26 | Loan | Prudential - Digital Realty Portfolio | 1.3% | 4.5575% | 0.01507% | 4.54243% | Actual/360 | 5 | No | 60 | 55 | 60 | 55 | 0 | 0 | 9/7/2018 | 11/6/2018 | NAP | 10/6/2023 | 10/6/2023 | NAP | $42,357.32 | NAP | $508,288 | Soft | Springing | No | No | NAP | 2.57x | NAP | 2.50x | 54.7% | 54.7% | ||
26.01 | Property | 14901 FAA Boulevard | NAP | 2.57x | NAP | 2.50x | 54.7% | 54.7% | ||||||||||||||||||||||||||||
26.02 | Property | 4650 Old Ironsides Drive | NAP | 2.57x | NAP | 2.50x | 54.7% | 54.7% | ||||||||||||||||||||||||||||
26.03 | Property | 43790 Devin Shafron Drive | NAP | 2.57x | NAP | 2.50x | 54.7% | 54.7% | ||||||||||||||||||||||||||||
26.04 | Property | 636 Pierce Street | NAP | 2.57x | NAP | 2.50x | 54.7% | 54.7% | ||||||||||||||||||||||||||||
26.05 | Property | 21551 Beaumeade Circle | NAP | 2.57x | NAP | 2.50x | 54.7% | 54.7% | ||||||||||||||||||||||||||||
26.06 | Property | 7505 Mason King Court | NAP | 2.57x | NAP | 2.50x | 54.7% | 54.7% | ||||||||||||||||||||||||||||
26.07 | Property | 4700 Old Ironsides Drive | NAP | 2.57x | NAP | 2.50x | 54.7% | 54.7% | ||||||||||||||||||||||||||||
26.08 | Property | 444 Toyama Drive | NAP | 2.57x | NAP | 2.50x | 54.7% | 54.7% | ||||||||||||||||||||||||||||
27 | Loan | Hampton Inn & Suites Walterboro | 1.3% | 5.1000% | 0.04382% | 5.05618% | Actual/360 | 6 | No | 120 | 114 | 0 | 0 | 300 | 294 | 8/30/2018 | 10/5/2018 | NAP | 9/5/2028 | 9/5/2028 | $61,995.26 | NAP | $743,943 | NAP | Springing | Springing | No | Group B | 2.10x | NAP | 1.90x | NAP | 63.8% | 48.3% | ||
28 | Loan | Jewel Osco & State Road Plaza | 1.1% | 4.8500% | 0.04382% | 4.80618% | Actual/360 | 5 | No | 120 | 115 | 24 | 19 | 360 | 360 | 9/7/2018 | 11/5/2018 | 11/5/2020 | 10/5/2028 | 10/5/2028 | $48,547.65 | $37,699.77 | $582,572 | $452,397 | Hard | Springing | No | No | 1.79x | 2.30x | 1.48x | 1.91x | 61.7% | 53.2% | ||
29 | Loan | Diehl Point at Cantera | 1.0% | 4.7800% | 0.01382% | 4.76618% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 1/24/2019 | 3/1/2019 | NAP | 2/1/2029 | 2/1/2029 | NAP | $34,389.17 | NAP | $412,670 | Springing | Springing | No | No | NAP | 2.89x | NAP | 2.79x | 64.5% | 64.5% | ||
30 | Loan | Staybridge Suites Fort Worth | 0.9% | 5.6800% | 0.01382% | 5.66618% | Actual/360 | 1 | No | 120 | 119 | 0 | 0 | 360 | 359 | 01/11/2019 | 03/01/2019 | NAP | 02/01/2029 | 02/01/2029 | $44,882.86 | NAP | $538,594 | NAP | Springing | Springing | No | No | 1.91x | NAP | 1.71x | NAP | 66.1% | 55.6% | ||
31 | Loan | El Camino Drive | 0.9% | 4.4700% | 0.04382% | 4.42618% | Actual/360 | 14 | No | 120 | 106 | 120 | 106 | 0 | 0 | 12/28/2017 | 2/5/2018 | NAP | 1/5/2028 | 1/5/2028 | NAP | $27,003.66 | NAP | $324,044 | Springing | Springing | No | No | NAP | 2.02x | NAP | 1.96x | 51.8% | 51.8% | ||
32 | Loan | Shops at College Claremont | 0.8% | 5.0850% | 0.04382% | 5.04118% | Actual/360 | 4 | No | 120 | 116 | 120 | 116 | 0 | 0 | 10/12/2018 | 12/5/2018 | NAP | 11/5/2028 | 11/5/2028 | NAP | $27,926.30 | NAP | $335,116 | Springing | Springing | No | No | NAP | 1.67x | NAP | 1.64x | 60.2% | 60.2% | ||
33 | Loan | R&R REIT Extended Stay | 0.7% | 5.1400% | 0.04382% | 5.09618% | Actual/360 | 2 | No | 120 | 118 | 0 | 0 | 300 | 298 | 12/19/2018 | 2/5/2019 | NAP | 1/5/2029 | 1/5/2029 | $36,159.32 | NAP | $433,912 | NAP | Hard | Springing | No | Group C | 2.30x | NAP | 2.06x | NAP | 59.0% | 44.5% | ||
33.01 | Property | HomeTowne Covington | 2.30x | NAP | 2.06x | NAP | 59.0% | 44.5% | ||||||||||||||||||||||||||||
33.02 | Property | HomeTowne Bentonville | 2.30x | NAP | 2.06x | NAP | 59.0% | 44.5% | ||||||||||||||||||||||||||||
34 | Loan | Charlotte Storage Portfolio | 0.5% | 5.1950% | 0.04382% | 5.15118% | Actual/360 | 6 | No | 120 | 114 | 60 | 54 | 360 | 360 | 8/30/2018 | 10/5/2018 | 10/5/2023 | 9/5/2028 | 9/5/2028 | $24,696.09 | $19,751.82 | $296,353 | $237,022 | Soft | Springing | No | No | 1.31x | 1.64x | 1.26x | 1.58x | 65.2% | 60.3% | ||
34.01 | Property | Mooresville Storage | 1.31x | 1.64x | 1.26x | 1.58x | 65.2% | 60.3% | ||||||||||||||||||||||||||||
34.02 | Property | Rock Hill Storage | 1.31x | 1.64x | 1.26x | 1.58x | 65.2% | 60.3% | ||||||||||||||||||||||||||||
35 | Loan | Gold Country Center | 0.5% | 4.8600% | 0.01382% | 4.84618% | Actual/360 | 2 | No | 120 | 118 | 120 | 118 | 0 | 0 | 12/11/2018 | 02/01/2019 | NAP | 01/01/2029 | 01/01/2029 | NAP | $16,014.38 | NAP | $192,173 | Springing | Springing | No | No | NAP | 3.26x | NAP | 3.05x | 53.4% | 53.4% | ||
36 | Loan | CVS - Greenfield, IN | 0.4% | 4.7870% | 0.04382% | 4.74318% | Actual/360 | 17 | No | 120 | 103 | 0 | 0 | 360 | 343 | 10/3/2017 | 11/5/2017 | NAP | 10/5/2027 | 10/5/2027 | $19,383.55 | NAP | $232,603 | NAP | Hard | In-Place | No | No | 1.26x | NAP | 1.25x | NAP | 68.3% | 57.0% |
A-1-3
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
MORTGAGE LOAN CHARACTERISTICS | MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(13) | ||||||||||||||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | % of Initial Pool Balance | Grace Period to Late Charge (Days) | Grace Period to Default (Days) | Due Date | Prepayment Provisions (No. of Payments)(11)(12) | Third Most Recent Revenues | Third Most Recent Expenses | Third Most Recent NOI | Third Most Recent NOI Date | Third Most Recent NOI Debt Yield | Second Most Recent Revenues | Second Most Recent Expenses | Second Most Recent NOI | Second Most Recent NOI Date | Second Most Recent NOI Debt Yield | Most Recent Revenues | Most Recent Expenses | Most Recent NOI | Most Recent NOI Date | Most Recent NOI Debt Yield | UW Occupancy | UW Revenues | UW Expenses | |
1 | Loan | Darden Headquarters | 9.6% | 0 | 0 | 6 | L(26), Def(89), O(5) | $8,014,298 | $0 | $8,014,298 | 12/31/2016 | 7.3% | $8,142,009 | $0 | $8,142,009 | 12/31/2017 | 7.4% | $8,324,426 | $0 | $8,324,426 | 12/31/2018 | 7.6% | 97.0% | $13,482,829 | $4,570,793 | ||
2 | Loan | Embassy Suites Portland Washington Square | 6.8% | 0 | 0 | 6 | L(25), Def(87), O(8) | $12,310,047 | $5,595,703 | $6,714,344 | 12/31/2016 | 11.9% | $12,934,011 | $5,948,495 | $6,985,516 | 12/31/2017 | 12.4% | $12,587,232 | $6,167,301 | $6,419,931 | T12 11/30/2018 | 11.4% | 73.4% | $12,587,232 | $6,094,280 | ||
3 | Loan | SITE JV Portfolio | 6.0% | 0 | 0 | 6 | L(27), Def(24), O(13) | $59,722,152 | $16,634,580 | $43,087,572 | 12/31/2016 | 19.6% | $60,936,356 | $16,631,602 | $44,304,754 | 12/31/2017 | 20.1% | $61,027,653 | $17,123,808 | $43,903,845 | T12 9/30/2018 | 20.0% | 90.7% | $59,325,476 | $17,099,458 | ||
3.01 | Property | Ahwatukee Foothills Towne Center | $13,224,910 | $3,582,952 | $9,641,958 | 12/31/2016 | 19.6% | $14,141,381 | $3,389,986 | $10,751,395 | 12/31/2017 | 20.1% | $14,006,730 | $3,436,484 | $10,570,245 | T12 9/30/2018 | 20.0% | 90.3% | $13,890,411 | $3,511,409 | |||||||
3.02 | Property | Connecticut Commons | $9,874,038 | $2,795,761 | $7,078,277 | 12/31/2016 | 19.6% | $9,808,618 | $2,947,091 | $6,861,527 | 12/31/2017 | 20.1% | $10,067,700 | $2,914,322 | $7,153,377 | T12 9/30/2018 | 20.0% | 94.7% | $9,838,061 | $2,955,798 | |||||||
3.03 | Property | Independence Commons | $6,945,493 | $1,880,426 | $5,065,067 | 12/31/2016 | 19.6% | $7,173,312 | $1,899,785 | $5,273,526 | 12/31/2017 | 20.1% | $7,278,754 | $1,990,529 | $5,288,225 | T12 9/30/2018 | 20.0% | 95.0% | $7,096,096 | $1,919,839 | |||||||
3.04 | Property | Brookside Marketplace | $6,965,961 | $2,207,342 | $4,758,619 | 12/31/2016 | 19.6% | $6,582,688 | $2,326,102 | $4,256,586 | 12/31/2017 | 20.1% | $6,354,928 | $2,139,148 | $4,215,780 | T12 9/30/2018 | 20.0% | 89.1% | $6,525,879 | $2,277,907 | |||||||
3.05 | Property | University Centre | $5,261,790 | $1,095,497 | $4,166,293 | 12/31/2016 | 19.6% | $5,424,320 | $1,105,016 | $4,319,304 | 12/31/2017 | 20.1% | $5,500,849 | $1,224,421 | $4,276,427 | T12 9/30/2018 | 20.0% | 93.7% | $5,501,653 | $1,104,817 | |||||||
3.06 | Property | Towne Center Prado | $4,317,619 | $1,010,342 | $3,307,277 | 12/31/2016 | 19.6% | $4,551,612 | $946,215 | $3,605,398 | 12/31/2017 | 20.1% | $4,555,846 | $1,049,597 | $3,506,249 | T12 9/30/2018 | 20.0% | 90.5% | $4,373,762 | $1,040,039 | |||||||
3.07 | Property | Poyner Place | $4,674,958 | $1,397,612 | $3,277,346 | 12/31/2016 | 19.6% | $4,622,005 | $1,388,352 | $3,233,653 | 12/31/2017 | 20.1% | $4,607,110 | $1,480,160 | $3,126,950 | T12 9/30/2018 | 20.0% | 75.6% | $3,904,975 | $1,451,435 | |||||||
3.08 | Property | Route 22 Retail Center | $3,109,951 | $1,134,441 | $1,975,510 | 12/31/2016 | 19.6% | $3,098,324 | $1,138,260 | $1,960,063 | 12/31/2017 | 20.1% | $2,887,466 | $1,196,286 | $1,691,179 | T12 9/30/2018 | 20.0% | 79.1% | $2,275,374 | $1,150,423 | |||||||
3.09 | Property | Commonwealth Center | $3,212,269 | $813,870 | $2,398,400 | 12/31/2016 | 19.6% | $3,297,474 | $740,918 | $2,556,557 | 12/31/2017 | 20.1% | $3,347,963 | $805,212 | $2,542,751 | T12 9/30/2018 | 20.0% | 94.9% | $3,274,342 | $782,082 | |||||||
3.10 | Property | Ashley Crossing | $2,135,163 | $716,337 | $1,418,827 | 12/31/2016 | 19.6% | $2,236,622 | $749,877 | $1,486,745 | 12/31/2017 | 20.1% | $2,420,308 | $887,648 | $1,532,660 | T12 9/30/2018 | 20.0% | 100.0% | $2,644,922 | $905,709 | |||||||
4 | Loan | 787 Eleventh Avenue | 5.4% | 0 | 0 | 8 | L(25), Def or YM1(88), O(7) | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 88.2% | $33,408,153 | $8,150,648 | ||
5 | Loan | Causeway Square | 5.4% | 0 | 0 | 5 | L(28), Def(88), O(4) | $5,473,743 | $2,103,697 | $3,370,045 | 12/31/2016 | 7.5% | $6,100,386 | $2,487,766 | $3,612,621 | 12/31/2017 | 8.0% | $6,023,776 | $2,369,221 | $3,654,555 | T12 7/31/2018 | 8.1% | 94.3% | $7,235,305 | $3,254,920 | ||
6 | Loan | Bernardus Lodge & Spa | 5.2% | 0 | 0 | 5 | L(29), Def(87), O(4) | $17,537,111 | $14,030,696 | $3,506,415 | 12/31/2016 | 8.1% | $21,702,643 | $16,413,448 | $5,289,195 | 12/31/2017 | 12.2% | $23,656,801 | $17,397,046 | $6,259,755 | T12 10/31/2018 | 14.4% | 82.6% | $23,656,801 | $17,694,349 | ||
7 | Loan | ExchangeRight Net Leased Portfolio 24 | 4.2% | 0 | 0 | 1 | L(28), Def(88), O(4) | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 96.3% | $5,625,154 | $462,350 | ||
7.01 | Property | BioLife Plasma Services L.P. - West Des Moines, IA | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $557,944 | $22,406 | |||||||
7.02 | Property | BioLife Plasma Services L.P. - Mt. Juliet, TN | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $479,694 | $20,437 | |||||||
7.03 | Property | Walgreens - Romeoville, IL | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $344,350 | $10,331 | |||||||
7.04 | Property | Walgreens - Lawrenceville, GA | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $321,860 | $9,656 | |||||||
7.05 | Property | Pick ‘n Save - Wisconsin Rapids, WI | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $315,564 | $9,467 | |||||||
7.06 | Property | Tractor Supply - Albuquerque, NM | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $289,751 | $10,319 | |||||||
7.07 | Property | Walgreens - Sheboygan, WI | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $281,261 | $8,438 | |||||||
7.08 | Property | Walgreens - Oswego, IL | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $276,760 | $10,123 | |||||||
7.09 | Property | Walgreens - Waco, TX | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $261,900 | $7,857 | |||||||
7.10 | Property | Tractor Supply - Antioch, IL | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $254,600 | $9,608 | |||||||
7.11 | Property | Walgreens - Austin, TX | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $232,750 | $6,983 | |||||||
7.12 | Property | Walgreens - Flower Mound, TX | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $240,240 | $9,801 | |||||||
7.13 | Property | Tractor Supply - Columbia Station, OH | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $209,000 | $8,121 | |||||||
7.14 | Property | Fresenius Medical Care - Brownsville, TX | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $203,222 | $6,097 | |||||||
7.15 | Property | CVS Pharmacy - Peoria Heights, IL | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $158,122 | $4,744 | |||||||
7.16 | Property | Advance Auto Parts - Grayslake, IL | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $193,069 | $54,023 | |||||||
7.17 | Property | Dollar General - Lancaster, PA | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $111,915 | $8,293 | |||||||
7.18 | Property | Sherwin Williams - Painesville, OH | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $102,121 | $4,092 | |||||||
7.19 | Property | Dollar General - Herminie, PA | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $115,956 | $15,949 | |||||||
7.20 | Property | Dollar General - Tallahassee, FL | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $134,188 | $27,176 | |||||||
7.21 | Property | Dollar General - Gibsonia, PA | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $132,217 | $40,529 | |||||||
7.22 | Property | Dollar General - Mansfield, OH | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $129,738 | $43,892 | |||||||
7.23 | Property | Advance Auto Parts - McDonough, GA | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $140,764 | $62,133 | |||||||
7.24 | Property | Dollar Tree - Cleveland, OH | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $138,168 | $51,878 | |||||||
8 | (21) | Loan | 2 North 6th Place | 4.1% | 0 | 0 | 5 | L(31), Def(85), O(4) | $21,979,348 | $7,226,529 | $14,752,819 | T6 12/31/2018 Annualized | 9.2% | $23,615,726 | $7,409,129 | $16,206,597 | T3 12/31/2018 Annualized | 10.1% | $17,425,007 | $5,768,478 | $11,656,528 | 12/31/2018 | 7.3% | 82.4% | $26,244,495 | $6,380,005 | |
9 | (21) | Loan | Saint Louis Galleria | 4.0% | 0 | 1 (Once per year) | 1 | L(28), Def(87), O(5) | $37,373,498 | $10,525,998 | $26,847,500 | 12/31/2016 | 11.2% | $37,193,781 | $10,197,175 | $26,996,606 | 12/31/2017 | 11.2% | $37,310,336 | $10,000,986 | $27,309,350 | T12 8/31/2018 | 11.4% | 97.1% | $37,642,385 | $10,481,622 | |
10 | Loan | Courtyard San Antonio Riverwalk | 3.4% | 0 | 0 | 6 | L(26), Def(90), O(4) | $10,445,718 | $6,771,868 | $3,673,850 | 12/31/2016 | 13.2% | $10,480,217 | $6,937,491 | $3,542,726 | 12/31/2017 | 12.7% | $11,414,657 | $7,442,141 | $3,972,516 | T12 11/30/2018 | 14.3% | 78.1% | $11,414,657 | $7,453,547 | ||
11 | Loan | Georgetown Squared & Seattle Design Center | 3.1% | 0 | 0 | 6 | L(30), Def(85), O(5) | $3,115,204 | $2,221,965 | $893,239 | 12/31/2016 | 1.0% | $5,420,477 | $3,041,426 | $2,379,051 | 12/31/2017 | 2.6% | $7,397,327 | $3,060,453 | $4,336,875 | T12 7/31/2018 | 4.8% | 81.9% | $10,383,366 | $3,602,496 | ||
12 | (21) | Loan | Temperance Industrial | 3.1% | 0 | 0 | 5 | L(30), Def(88), O(2) | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.5% | $3,848,276 | $1,097,661 | |
13 | Loan | Continental Towers | 3.0% | 0 | 0 | 6 | L(30), Def(83), O(7) | $15,842,309 | $10,799,596 | $5,042,713 | 12/31/2016 | 6.0% | $21,873,009 | $11,167,837 | $10,705,172 | 12/31/2017 | 12.7% | $21,411,194 | $11,456,809 | $9,954,385 | T12 5/31/2018 | 11.8% | 87.0% | $22,170,532 | $11,116,359 | ||
14 | Loan | Culver City Medical | 3.0% | 0 | 0 | 5 | L(26), Def(89), O(5) | N/A | N/A | N/A | N/A | NAP | $1,973,711 | $729,368 | $1,244,344 | 12/31/2017 | 5.0% | $2,323,696 | $857,512 | $1,466,184 | T12 11/30/2018 | 5.9% | 90.8% | $3,266,066 | $933,617 | ||
15 | Loan | Nebraska Crossing | 2.8% | 0 | 5 | 1 | L(28), Def(85), O(7) | $12,905,473 | $3,417,961 | $9,487,512 | 12/31/2016 | 13.3% | $12,504,678 | $3,760,438 | $8,744,240 | 12/31/2017 | 12.2% | $12,847,061 | $3,936,265 | $8,910,796 | T12 6/30/2018 | 12.5% | 95.0% | $12,895,891 | $3,834,058 | ||
16 | Loan | Desert Marketplace | 2.8% | 0 | 0 | 5 | L(28), Def(88), O(4) | $4,358,291 | $706,376 | $3,651,915 | 12/31/2016 | 11.1% | $4,328,826 | $685,436 | $3,643,390 | 12/31/2017 | 11.0% | $3,349,357 | $684,139 | $2,665,218 | T12 9/30/2018 | 8.1% | 95.8% | $3,473,802 | $629,105 | ||
17 | Loan | One Lincoln Center | 2.7% | 0 | 0 | 5 | L(26), Def(91), O(3) | $4,123,420 | $2,013,401 | $2,110,019 | 12/31/2016 | 9.3% | $3,882,786 | $2,087,191 | $1,795,595 | 12/31/2017 | 7.9% | $4,508,786 | $2,261,424 | $2,247,362 | T12 9/30/2018 | 9.9% | 85.9% | $4,556,609 | $2,240,559 | ||
18 | Loan | WHG Portfolio | 2.5% | 0 | 0 | 5 | L(31), Def(85), O(4) | $8,103,746 | $4,723,731 | $3,380,015 | 12/31/2016 | 16.5% | $8,062,295 | $4,547,311 | $3,514,984 | 12/31/2017 | 17.1% | $8,784,403 | $4,940,520 | $3,843,883 | T12 10/31/2018 | 18.8% | 81.3% | $8,784,403 | $5,165,107 | ||
18.01 | Property | HomeTowne Studios - Casselberry, FL | $1,793,442 | $1,047,997 | $745,445 | 12/31/2016 | 16.5% | $2,137,424 | $1,008,640 | $1,128,784 | 12/31/2017 | 17.1% | $2,410,500 | $1,102,029 | $1,308,471 | T12 10/31/2018 | 18.8% | 91.9% | $2,410,500 | $1,204,390 | |||||||
18.02 | Property | HomeTowne Studios - Delegates, FL | $1,865,364 | $1,164,640 | $700,724 | 12/31/2016 | 16.5% | $2,011,251 | $1,231,893 | $779,358 | 12/31/2017 | 17.1% | $2,012,803 | $1,250,397 | $762,406 | T12 10/31/2018 | 18.8% | 83.9% | $2,012,803 | $1,213,624 | |||||||
18.03 | Property | HomeTowne Studios - Concord, NC | $1,636,073 | $833,115 | $802,958 | 12/31/2016 | 16.5% | $1,331,029 | $732,379 | $598,650 | 12/31/2017 | 17.1% | $1,428,154 | $791,905 | $636,249 | T12 10/31/2018 | 18.8% | 77.1% | $1,428,154 | $845,379 | |||||||
18.04 | Property | HomeTowne Studios - Chamblee, GA | $1,517,306 | $935,646 | $581,660 | 12/31/2016 | 16.5% | $1,541,589 | $899,973 | $641,616 | 12/31/2017 | 17.1% | $1,657,329 | $942,991 | $714,338 | T12 10/31/2018 | 18.8% | 77.0% | $1,657,329 | $1,003,918 | |||||||
18.05 | Property | HomeTowne Studios - Columbus, OH | $1,291,561 | $742,333 | $549,228 | 12/31/2016 | 16.5% | $1,041,002 | $674,426 | $366,576 | 12/31/2017 | 17.1% | $1,275,617 | $853,198 | $422,419 | T12 10/31/2018 | 18.8% | 74.5% | $1,275,617 | $897,798 | |||||||
19 | (21) | Loan | Country Club Corners | 2.5% | 5 (twice during the term) | 0 | 5 | L(27), YM1(89), O(4) | $1,155,758 | $449,634 | $706,125 | 12/31/2016 | 3.4% | $1,616,340 | $589,700 | $1,026,640 | 12/31/2017 | 5.0% | $1,732,188 | $720,091 | $1,012,096 | T12 9/30/2018 | 4.9% | 97.1% | $2,312,400 | $620,256 | |
20 | Loan | Route 66 Promenade | 2.2% | 0 | 0 | 5 | L(29), Def(86), O(5) | $2,046,101 | $497,216 | $1,548,886 | 12/31/2016 | 8.4% | $2,136,643 | $531,153 | $1,605,490 | 12/31/2017 | 8.7% | $2,192,045 | $563,108 | $1,628,937 | T12 10/31/2018 | 8.8% | 95.0% | $2,249,939 | $594,991 | ||
21 | Loan | Mesa Royale Senior Apartments | 1.9% | 0 | 0 | 5 | L(38), Def(79), O(3) | $1,650,670 | $652,128 | $998,542 | 12/31/2016 | 6.4% | $1,741,027 | $687,902 | $1,053,126 | T12 11/30/2017 | 6.8% | $1,750,327 | $589,534 | $1,160,793 | Ann. T11 11/30/2018 | 7.4% | 91.6% | $1,842,760 | $596,954 | ||
22 | Loan | Town Point Center | 1.8% | 0 | 0 | 6 | L(26), Def(90), O(4) | $2,528,644 | $838,729 | $1,689,915 | 12/31/2016 | 11.0% | $2,577,681 | $887,571 | $1,690,109 | 12/31/2017 | 11.0% | $2,631,660 | $934,805 | $1,696,855 | T12 9/30/2018 | 11.1% | 90.9% | $2,661,745 | $990,365 | ||
23 | Loan | Brooklyn Multifamily Portfolio | 1.7% | 0 | 0 | 6 | L(26), Def(90), O(4) | N/A | N/A | N/A | N/A | NAP | $284,125 | $32,615 | $251,510 | 12/31/2017 | 1.8% | $291,213 | $21,340 | $269,873 | YTD Ann. 9/30/2018 | 1.9% | 96.0% | $1,238,672 | $173,066 | ||
23.01 | Property | 555-557 Union Street | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | 1.8% | N/A | N/A | N/A | N/A | 1.9% | 96.0% | $627,840 | $59,880 | |||||||
23.02 | Property | 141 Troutman Street | N/A | N/A | N/A | N/A | NAP | $284,125 | $32,615 | $251,510 | 12/31/2017 | 1.8% | $291,213 | $21,340 | $269,873 | YTD Ann. 9/30/2018 | 1.9% | 96.0% | $279,056 | $32,458 | |||||||
23.03 | Property | 243 Suydam Street | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | 1.8% | N/A | N/A | N/A | N/A | 1.9% | 96.0% | $331,776 | $80,729 | |||||||
24 | Loan | Homewood Suites by Hilton Concord Charlotte | 1.7% | 0 | 0 | 5 | L(26), Def(90), O(4) | N/A | N/A | N/A | N/A | NAP | $4,049,652 | $2,596,684 | $1,452,969 | 12/31/2017 | 10.4% | $4,488,563 | $2,653,463 | $1,835,101 | T12 11/30/2018 | 13.1% | 83.3% | $4,488,563 | $2,675,210 | ||
25 | Loan | Hampton Inn & Suites Fayetteville | 1.4% | 0 | 0 | 5 | L(30), Def(86), O(4) | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | $4,022,234 | $2,328,769 | $1,693,466 | T12 10/31/2018 | 14.9% | 84.3% | $4,022,234 | $2,262,760 | ||
26 | Loan | Prudential - Digital Realty Portfolio | 1.3% | 0 | 0 | 6 | L(29), Def or YM1(24), O(7) | $30,153,975 | $5,218,019 | $24,935,956 | 12/31/2016 | 11.8% | $31,009,061 | $5,520,559 | $25,488,502 | 12/31/2017 | 12.0% | $31,618,046 | $5,756,344 | $25,861,702 | T12 6/30/2018 | 12.2% | 95.0% | $31,435,055 | $6,299,432 | ||
26.01 | Property | 14901 FAA Boulevard | $6,532,263 | $986,583 | $5,545,680 | 12/31/2016 | 11.8% | $6,936,540 | $1,235,967 | $5,700,573 | 12/31/2017 | 12.0% | $7,133,472 | $1,366,005 | $5,767,466 | T12 6/30/2018 | 12.2% | 95.0% | $6,943,289 | $1,382,801 | |||||||
26.02 | Property | 4650 Old Ironsides Drive | $4,899,745 | $814,002 | $4,085,743 | 12/31/2016 | 11.8% | $5,023,568 | $838,094 | $4,185,474 | 12/31/2017 | 12.0% | $5,087,368 | $855,023 | $4,232,345 | T12 6/30/2018 | 12.2% | 95.0% | $5,060,415 | $953,393 | |||||||
26.03 | Property | 43790 Devin Shafron Drive | $4,386,733 | $791,276 | $3,595,457 | 12/31/2016 | 11.8% | $4,416,236 | $756,573 | $3,659,663 | 12/31/2017 | 12.0% | $4,550,003 | $813,689 | $3,736,315 | T12 6/30/2018 | 12.2% | 95.0% | $4,522,473 | $894,540 | |||||||
26.04 | Property | 636 Pierce Street | $3,907,838 | $717,838 | $3,190,000 | 12/31/2016 | 11.8% | $3,907,712 | $717,877 | $3,189,835 | 12/31/2017 | 12.0% | $3,954,626 | $720,623 | $3,234,003 | T12 6/30/2018 | 12.2% | 95.0% | $4,032,195 | $865,060 | |||||||
26.05 | Property | 21551 Beaumeade Circle | $2,847,924 | $575,933 | $2,271,991 | 12/31/2016 | 11.8% | $2,940,978 | $596,338 | $2,344,640 | 12/31/2017 | 12.0% | $2,979,280 | $605,132 | $2,374,148 | T12 6/30/2018 | 12.2% | 95.0% | $2,929,347 | $649,316 | |||||||
26.06 | Property | 7505 Mason King Court | $2,226,277 | $184,424 | $2,041,853 | 12/31/2016 | 11.8% | $2,286,124 | $191,666 | $2,094,458 | 12/31/2017 | 12.0% | $2,335,366 | $200,310 | $2,135,056 | T12 6/30/2018 | 12.2% | 95.0% | $2,388,210 | $249,024 | |||||||
26.07 | Property | 4700 Old Ironsides Drive | $2,706,656 | $606,707 | $2,099,949 | 12/31/2016 | 11.8% | $2,781,102 | $631,647 | $2,149,455 | 12/31/2017 | 12.0% | $2,821,604 | $632,909 | $2,188,696 | T12 6/30/2018 | 12.2% | 95.0% | $2,800,994 | $689,249 | |||||||
26.08 | Property | 444 Toyama Drive | $2,646,539 | $541,256 | $2,105,283 | 12/31/2016 | 11.8% | $2,716,801 | $552,397 | $2,164,404 | 12/31/2017 | 12.0% | $2,756,328 | $562,653 | $2,193,674 | T12 6/30/2018 | 12.2% | 95.0% | $2,758,133 | $616,049 | |||||||
27 | Loan | Hampton Inn & Suites Walterboro | 1.3% | 0 | 0 | 5 | L(30), Def(86), O(4) | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | $3,650,533 | $2,090,579 | $1,559,955 | T12 10/31/2018 | 15.0% | 83.4% | $3,650,533 | $2,090,740 | ||
28 | Loan | Jewel Osco & State Road Plaza | 1.1% | 0 | 0 | 5 | L(29), Def(88), O(3) | $1,652,243 | $669,090 | $983,153 | 12/31/2015 | 10.7% | $1,513,650 | $683,593 | $830,058 | 12/31/2016 | 9.0% | $1,527,015 | $699,351 | $827,664 | 12/31/2017 | 9.0% | 91.9% | $2,184,950 | $1,142,360 | ||
29 | Loan | Diehl Point at Cantera | 1.0% | 5 | 5 | 1 | L(25), YM1(89), O(6) | $1,080,905 | $522,193 | $558,712 | 12/31/2016 | 6.6% | $1,177,133 | $545,467 | $631,666 | 12/31/2017 | 7.4% | $1,616,647 | $571,692 | $1,044,954 | T12 11/30/2018 | 12.3% | 93.6% | $1,761,281 | $569,210 | ||
30 | Loan | Staybridge Suites Fort Worth | 0.9% | 0 | 0 | 1 | L(25), Def(91), O(4) | N/A | N/A | N/A | N/A | NAP | $2,269,119 | $1,350,399 | $918,721 | 12/31/2017 | 11.9% | $2,662,658 | $1,627,696 | $1,034,962 | 12/31/2018 | 13.4% | 81.5% | $2,662,658 | $1,635,738 | ||
31 | Loan | El Camino Drive | 0.9% | 0 | 0 | 5 | L(38), Def(78), O(4) | $763,138 | $208,515 | $554,622 | 12/31/2016 | 7.8% | $871,029 | $227,955 | $643,074 | 12/31/2017 | 9.0% | $915,214 | $235,248 | $679,966 | T12 10/31/2018 | 9.5% | 95.0% | $892,737 | $238,882 | ||
32 | Loan | Shops at College Claremont | 0.8% | 0 | 0 | 5 | L(28), Def(87), O(5) | $550,297 | $272,703 | $277,594 | 12/31/2016 | 4.3% | $731,916 | $276,547 | $455,369 | 12/31/2017 | 7.0% | $881,817 | $288,143 | $593,674 | T12 11/30/2018 | 9.1% | 97.0% | $841,013 | $282,660 | ||
33 | Loan | R&R REIT Extended Stay | 0.7% | 0 | 0 | 5 | L(26), Def(91), O(3) | $2,406,746 | $1,379,114 | $1,027,632 | 12/31/2016 | 16.9% | $2,357,011 | $1,362,984 | $994,027 | 12/31/2017 | 16.4% | $2,623,313 | $1,529,731 | $1,093,582 | T12 9/30/2018 | 18.0% | 71.8% | $2,627,064 | $1,629,399 | ||
33.01 | Property | HomeTowne Covington | N/A | N/A | N/A | N/A | 16.9% | N/A | N/A | N/A | N/A | 16.4% | N/A | N/A | N/A | N/A | 18.0% | N/A | N/A | N/A | |||||||
33.02 | Property | HomeTowne Bentonville | N/A | N/A | N/A | N/A | 16.9% | N/A | N/A | N/A | N/A | 16.4% | N/A | N/A | N/A | N/A | 18.0% | N/A | N/A | N/A | |||||||
34 | Loan | Charlotte Storage Portfolio | 0.5% | 0 | 0 | 5 | L(30), Def(87), O(3) | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | $690,098 | $371,763 | $318,335 | T12 6/30/2018 | 7.1% | 76.5% | $690,050 | $301,674 | ||
34.01 | Property | Mooresville Storage | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | 7.1% | N/A | N/A | N/A | |||||||
34.02 | Property | Rock Hill Storage | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | 7.1% | N/A | N/A | N/A | |||||||
35 | Loan | Gold Country Center | 0.5% | 0 | 0 | 1 | L(26), Def(90), O(4) | $959,440 | $231,432 | $728,009 | 12/31/2016 | 18.7% | $910,334 | $246,217 | $664,117 | 12/31/2017 | 17.0% | $880,961 | $238,995 | $641,966 | T12 9/30/2018 | 16.5% | 95.0% | $873,489 | $246,656 | ||
36 | Loan | CVS - Greenfield, IN | 0.4% | 0 | 0 | 5 | L(41), Def(75), O(4) | $325,483 | $9,764 | $315,719 | 12/31/2014 | 8.7% | $325,483 | $9,764 | $315,719 | 12/31/2015 | 8.7% | $325,483 | $9,764 | $315,719 | 12/31/2016 | 8.7% | 100.0% | $301,500 | $9,045 |
A-1-4
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(13) | LARGEST TENANT INFORMATION(14)(15) | 2ND LARGEST TENANT INFORMATION(14)(15) | 3RD LARGEST TENANT INFORMATION(14)(15) | ||||||||||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | % of Initial Pool Balance | UW NOI | UW NOI Debt Yield | UW Capital Items | UW NCF | UW NCF Debt Yield | Largest Tenant | Largest Tenant Lease Expiration | Largest Tenant NSF | Largest Tenant % of NSF | 2nd Largest Tenant(6) | 2nd Largest Tenant Lease Expiration | 2nd Largest Tenant NSF | 2nd Largest Tenant % of NSF | 3rd Largest Tenant(6) | 3rd Largest Tenant Lease Expiration | 3rd Largest Tenant NSF | 3rd Largest Tenant % of NSF | ||||
1 | Loan | Darden Headquarters | 9.6% | $8,912,036 | 8.1% | $52,556 | $8,859,480 | 8.1% | Darden | 10/31/2035 | 525,000 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||
2 | Loan | Embassy Suites Portland Washington Square | 6.8% | $6,492,952 | 11.5% | $760,634 | $5,732,318 | 10.2% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||
3 | Loan | SITE JV Portfolio | 6.0% | $42,226,018 | 19.2% | $3,411,818 | $38,814,200 | 17.6% | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | |||||
3.01 | Property | Ahwatukee Foothills Towne Center | $10,379,002 | 19.2% | $821,886 | $9,557,116 | 17.6% | AMC Theatres | 12/31/2031 | 78,000 | 11.3% | Jo-Ann | 1/31/2025 | 46,535 | 6.8% | Best Buy | 7/31/2019 | 45,000 | 6.5% | ||||||
3.02 | Property | Connecticut Commons | $6,882,263 | 19.2% | $509,411 | $6,372,852 | 17.6% | Lowe’s | 8/31/2019 | 135,197 | 23.9% | AMC Theatres | 12/31/2029 | 90,000 | 15.9% | Kohl’s | 1/31/2022 | 86,841 | 15.3% | ||||||
3.03 | Property | Independence Commons | $5,176,257 | 19.2% | $394,993 | $4,781,264 | 17.6% | Kohl’s | 1/31/2021 | 80,684 | 20.9% | AMC Theatres | 12/31/2034 | 63,800 | 16.5% | Best Buy | 1/31/2021 | 50,640 | 13.1% | ||||||
3.04 | Property | Brookside Marketplace | $4,247,972 | 19.2% | $329,968 | $3,918,003 | 17.6% | Dick’s Sporting Goods | 1/31/2022 | 51,840 | 16.4% | Best Buy | 1/31/2022 | 45,728 | 14.4% | Homegoods | 9/30/2021 | 26,426 | 8.3% | ||||||
3.05 | Property | University Centre | $4,396,836 | 19.2% | $351,494 | $4,045,343 | 17.6% | Lowe’s | 10/31/2019 | 125,357 | 30.0% | Ollie’s Bargain Outlet | 6/30/2019 | 30,470 | 7.3% | Bed Bath & Beyond | 1/31/2022 | 30,405 | 7.3% | ||||||
3.06 | Property | Towne Center Prado | $3,333,723 | 19.2% | $277,010 | $3,056,714 | 17.6% | Publix | 12/1/2020 | 56,146 | 19.6% | Stein Mart | 8/31/2022 | 36,538 | 12.7% | Ross Dress for Less | 1/31/2023 | 30,360 | 10.6% | ||||||
3.07 | Property | Poyner Place | $2,453,541 | 19.2% | $239,841 | $2,213,700 | 17.6% | Ross Dress for Less | 1/31/2020 | 29,995 | 11.6% | Marshalls | 9/30/2027 | 21,251 | 8.2% | Cost Plus World Market | 1/31/2020 | 18,300 | 7.1% | ||||||
3.08 | Property | Route 22 Retail Center | $1,124,951 | 19.2% | $103,843 | $1,021,109 | 17.6% | Dick’s Sporting Goods | 1/31/2023 | 43,576 | 38.8% | Blink Fitness | 6/30/2029 | 16,707 | 14.9% | Petco (Dark) | 10/31/2019 | 14,000 | 12.5% | ||||||
3.09 | Property | Commonwealth Center | $2,492,259 | 19.2% | $211,894 | $2,280,365 | 17.6% | Stein Mart | 10/31/2021 | 34,000 | 20.5% | Michael’s | 2/28/2021 | 23,753 | 14.3% | The Fresh Market | 10/31/2025 | 23,342 | 14.1% | ||||||
3.10 | Property | Ashley Crossing | $1,739,213 | 19.2% | $171,478 | $1,567,736 | 17.6% | Kohl’s | 1/31/2032 | 69,644 | 32.9% | Food Lion | 11/7/2021 | 29,000 | 13.7% | Marshalls | 10/31/2021 | 26,000 | 12.3% | ||||||
4 | Loan | 787 Eleventh Avenue | 5.4% | $25,257,505 | 14.4% | $1,078,640 | $24,178,865 | 13.8% | GJM OPCO LLC - Jaguar Land Rover | 11/30/2032 | 161,195 | 31.4% | Nissan | 07/31/2032 | 106,391 | 20.7% | Regus | 10/31/2031 | 99,337 | 19.3% | |||||
5 | Loan | Causeway Square | 5.4% | $3,980,385 | 8.8% | $113,146 | $3,867,240 | 8.6% | LA Fitness | 9/30/2025 | 43,679 | 25.9% | Regus | 10/31/2026 | 13,184 | 7.8% | Taubco | 3/31/2029 | 7,718 | 4.6% | |||||
6 | Loan | Bernardus Lodge & Spa | 5.2% | $5,962,452 | 13.7% | $946,272 | $5,016,180 | 11.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||
7 | Loan | ExchangeRight Net Leased Portfolio 24 | 4.2% | $5,162,804 | 9.5% | $70,607 | $5,092,198 | 9.4% | Various | Various | Various | Various | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||
7.01 | Property | BioLife Plasma Services L.P. - West Des Moines, IA | $535,538 | 9.5% | $0 | $535,538 | 9.4% | BioLife Plasma Services L.P. | 10/31/2031 | 16,637 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.02 | Property | BioLife Plasma Services L.P. - Mt. Juliet, TN | $459,257 | 9.5% | $0 | $459,257 | 9.4% | BioLife Plasma Services L.P. | 08/31/2032 | 16,600 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.03 | Property | Walgreens - Romeoville, IL | $334,020 | 9.5% | $1,475 | $332,544 | 9.4% | Walgreens | 01/31/2033 | 14,752 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.04 | Property | Walgreens - Lawrenceville, GA | $312,204 | 9.5% | $1,500 | $310,704 | 9.4% | Walgreens | 08/31/2030 | 14,997 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.05 | Property | Pick ‘n Save - Wisconsin Rapids, WI | $306,097 | 9.5% | $0 | $306,097 | 9.4% | Pick ‘n Save | 11/30/2028 | 49,580 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.06 | Property | Tractor Supply - Albuquerque, NM | $279,432 | 9.5% | $3,043 | $276,388 | 9.4% | Tractor Supply | 09/30/2033 | 19,021 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.07 | Property | Walgreens - Sheboygan, WI | $272,823 | 9.5% | $1,505 | $271,319 | 9.4% | Walgreens | 08/31/2030 | 15,046 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.08 | Property | Walgreens - Oswego, IL | $266,638 | 9.5% | $1,501 | $265,137 | 9.4% | Walgreens | 12/31/2030 | 15,005 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.09 | Property | Walgreens - Waco, TX | $254,043 | 9.5% | $1,381 | $252,662 | 9.4% | Walgreens | 10/31/2029 | 13,808 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.10 | Property | Tractor Supply - Antioch, IL | $244,992 | 9.5% | $1,904 | $243,088 | 9.4% | Tractor Supply | 10/31/2033 | 19,041 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.11 | Property | Walgreens - Austin, TX | $225,768 | 9.5% | $11,061 | $214,707 | 9.4% | Walgreens | 12/31/2023 | 13,826 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.12 | Property | Walgreens - Flower Mound, TX | $230,439 | 9.5% | $11,096 | $219,343 | 9.4% | Walgreens | 08/31/2028 | 13,870 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.13 | Property | Tractor Supply - Columbia Station, OH | $200,879 | 9.5% | $1,903 | $198,977 | 9.4% | Tractor Supply | 10/31/2033 | 19,028 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.14 | Property | Fresenius Medical Care - Brownsville, TX | $197,126 | 9.5% | $7,208 | $189,918 | 9.4% | Fresenius Medical Care | 10/31/2027 | 10,325 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.15 | Property | CVS Pharmacy - Peoria Heights, IL | $153,378 | 9.5% | $0 | $153,378 | 9.4% | CVS Pharmacy | 01/31/2029 | 10,090 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.16 | Property | Advance Auto Parts - Grayslake, IL | $139,046 | 9.5% | $6,993 | $132,054 | 9.4% | Advance Auto Parts | 08/31/2027 | 9,418 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.17 | Property | Dollar General - Lancaster, PA | $103,622 | 9.5% | $0 | $103,622 | 9.4% | Dollar General | 02/29/2032 | 9,167 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.18 | Property | Sherwin Williams - Painesville, OH | $98,029 | 9.5% | $3,603 | $94,426 | 9.4% | Sherwin Williams | 05/31/2028 | 4,528 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.19 | Property | Dollar General - Herminie, PA | $100,007 | 9.5% | $0 | $100,007 | 9.4% | Dollar General | 06/30/2033 | 9,512 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.20 | Property | Dollar General - Tallahassee, FL | $107,012 | 9.5% | $7,938 | $99,074 | 9.4% | Dollar General | 08/31/2028 | 9,221 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.21 | Property | Dollar General - Gibsonia, PA | $91,688 | 9.5% | $0 | $91,688 | 9.4% | Dollar General | 07/31/2033 | 9,533 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.22 | Property | Dollar General - Mansfield, OH | $85,846 | 9.5% | $0 | $85,846 | 9.4% | Dollar General | 06/30/2033 | 9,226 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.23 | Property | Advance Auto Parts - McDonough, GA | $78,631 | 9.5% | $718 | $77,914 | 9.4% | Advance Auto Parts | 12/31/2028 | 5,522 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
7.24 | Property | Dollar Tree - Cleveland, OH | $86,290 | 9.5% | $7,780 | $78,510 | 9.4% | Dollar Tree | 01/31/2028 | 9,725 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
8 | (21) | Loan | 2 North 6th Place | 4.1% | $19,864,491 | 12.4% | $110,800 | $19,753,691 | 12.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
9 | (21) | Loan | Saint Louis Galleria | 4.0% | $27,160,764 | 11.3% | $676,467 | $26,484,297 | 11.0% | Galleria 6 Cinemas | 08/31/2023 | 19,624 | 4.2% | H&M | 01/31/2021 | 12,913 | 2.8% | Victoria’s Secret | 01/31/2026 | 12,892 | 2.8% | ||||
10 | Loan | Courtyard San Antonio Riverwalk | 3.4% | $3,961,109 | 14.2% | $570,733 | $3,390,376 | 12.2% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||
11 | Loan | Georgetown Squared & Seattle Design Center | 3.1% | $6,780,869 | 7.5% | $593,796 | $6,187,073 | 6.8% | Darigold Inc. | 10/31/2029 | 43,001 | 10.0% | R. R. Donnelley & Sons Company | 10/31/2025 | 33,469 | 7.8% | Archbright | 6/30/2027 | 28,960 | 6.7% | |||||
12 | (21) | Loan | Temperance Industrial | 3.1% | $2,750,615 | 10.8% | $340,585 | $2,410,030 | 9.4% | Hollingsworth | 12/31/2026 | 392,838 | 51.9% | FCA US LLC | 8/31/2027 | 364,018 | 48.1% | NAP | NAP | NAP | NAP | ||||
13 | Loan | Continental Towers | 3.0% | $11,054,174 | 13.1% | $1,548,219 | $9,505,955 | 11.2% | Verizon Wireless | 4/30/2028 | 159,824 | 17.5% | Komatsu America Corp. | 7/31/2021 | 105,437 | 11.6% | Ceannate Corp. | 9/30/2024 | 74,340 | 8.2% | |||||
14 | Loan | Culver City Medical | 3.0% | $2,332,449 | 9.3% | $37,848 | $2,294,601 | 9.2% | Southern CA Healthcare | 12/31/2021 | 4,381 | 7.7% | Westside Head & Neck | 4/30/2028 | 3,330 | 5.9% | Betsy Blechman | 9/30/2020 | 3,052 | 5.4% | |||||
15 | Loan | Nebraska Crossing | 2.8% | $9,061,833 | 12.7% | $499,737 | $8,562,096 | 12.0% | H&M | 01/31/2028 | 24,000 | 6.5% | Under Armour | 01/31/2024 | 16,082 | 4.4% | Old Navy | 04/30/2024 | 15,231 | 4.1% | |||||
16 | Loan | Desert Marketplace | 2.8% | $2,844,697 | 8.6% | $71,467 | $2,773,230 | 8.4% | Smith’s Grocery Store (Kroger) | 6/30/2043 | 67,925 | 36.3% | TJ Maxx/HomeGoods | 3/31/2024 | 50,203 | 26.9% | Rhapsodielle | 4/30/2022 | 17,400 | 9.3% | |||||
17 | Loan | One Lincoln Center | 2.7% | $2,316,049 | 10.2% | $366,718 | $1,949,332 | 8.6% | Bond Schoeneck & King, PLLC | 94,303 SF (10/31/2027); 1,400 SF (MTM) | 95,703 | 31.3% | Arcadis | 39,942 SF (6/30/2027); 1,000 SF (MTM) | 40,942 | 13.4% | Bousquet Holstein PLLC | 32,583 SF (2/29/2028); 125 SF (MTM) | 32,708 | 10.7% | |||||
18 | Loan | WHG Portfolio | 2.5% | $3,619,295 | 17.7% | $439,220 | $3,180,075 | 15.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||
18.01 | Property | HomeTowne Studios - Casselberry, FL | $1,206,111 | 17.7% | $120,525 | $1,085,586 | 15.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
18.02 | Property | HomeTowne Studios - Delegates, FL | $799,179 | 17.7% | $100,640 | $698,539 | 15.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
18.03 | Property | HomeTowne Studios - Concord, NC | $582,776 | 17.7% | $71,408 | $511,368 | 15.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
18.04 | Property | HomeTowne Studios - Chamblee, GA | $653,411 | 17.7% | $82,866 | $570,545 | 15.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
18.05 | Property | HomeTowne Studios - Columbus, OH | $377,819 | 17.7% | $63,781 | $314,038 | 15.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
19 | (21) | Loan | Country Club Corners | 2.5% | $1,692,144 | 8.3% | $37,472 | $1,654,671 | 8.1% | Publix | 53,785 SF (11/30/2035); 1,400 SF (12/31/2020) | 55,185 | 60.6% | Pet Supermarket | 1/31/2028 | 7,492 | 8.2% | Keke’s | 4/30/2029 | 4,400 | 4.8% | ||||
20 | Loan | Route 66 Promenade | 2.2% | $1,654,948 | 8.9% | $55,525 | $1,599,424 | 8.6% | Stater Brothers | 10/6/2022 | 24,400 | 31.4% | Fit Gym | 6/30/2022 | 5,400 | 7.0% | Wells Fargo Bank | 12/31/2023 | 4,566 | 5.9% | |||||
21 | Loan | Mesa Royale Senior Apartments | 1.9% | $1,245,806 | 8.0% | $38,000 | $1,207,806 | 7.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||
22 | Loan | Town Point Center | 1.8% | $1,671,380 | 10.9% | $107,779 | $1,563,601 | 10.2% | BDO USA | 5/31/2023 | 20,324 | 15.3% | The UP Center | 10/31/2019 | 9,982 | 7.5% | Goodman Allen Donnelly | 5/31/2025 | 9,686 | 7.3% | |||||
23 | Loan | Brooklyn Multifamily Portfolio | 1.7% | $1,065,606 | 7.6% | $5,500 | $1,060,106 | 7.6% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||
23.01 | Property | 555-557 Union Street | $567,960 | 7.6% | $2,000 | $565,960 | 7.6% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
23.02 | Property | 141 Troutman Street | $246,598 | 7.6% | $1,500 | $245,098 | 7.6% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
23.03 | Property | 243 Suydam Street | $251,047 | 7.6% | $2,000 | $249,047 | 7.6% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
24 | Loan | Homewood Suites by Hilton Concord Charlotte | 1.7% | $1,813,353 | 13.0% | $179,543 | $1,633,811 | 11.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||
25 | Loan | Hampton Inn & Suites Fayetteville | 1.4% | $1,759,474 | 15.5% | $160,889 | $1,598,585 | 14.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||
26 | Loan | Prudential - Digital Realty Portfolio | 1.3% | $25,135,623 | 11.9% | $625,760 | $24,509,863 | 11.6% | Various | Various | Various | Various | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||
26.01 | Property | 14901 FAA Boulevard | $5,560,488 | 11.9% | $158,220 | $5,402,268 | 11.6% | Cyxtera | 2/2/2022 | 263,700 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
26.02 | Property | 4650 Old Ironsides Drive | $4,107,021 | 11.9% | $74,630 | $4,032,392 | 11.6% | Cyxtera | 4/30/2027 | 124,383 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
26.03 | Property | 43790 Devin Shafron Drive | $3,627,933 | 11.9% | $91,283 | $3,536,650 | 11.6% | VADATA, Inc. | 5/31/2021 | 152,138 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
26.04 | Property | 636 Pierce Street | $3,167,135 | 11.9% | $65,002 | $3,102,134 | 11.6% | The Bank of New York Mellon | 4/30/2023 | 108,336 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
26.05 | Property | 21551 Beaumeade Circle | $2,280,031 | 11.9% | $91,502 | $2,188,528 | 11.6% | Equinix, LLC | 12/31/2023 | 152,504 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
26.06 | Property | 7505 Mason King Court | $2,139,186 | 11.9% | $65,790 | $2,073,396 | 11.6% | VADATA, Inc. | 12/31/2023 | 109,650 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
26.07 | Property | 4700 Old Ironsides Drive | $2,111,745 | 11.9% | $54,083 | $2,057,662 | 11.6% | Cyxtera | 4/30/2027 | 90,139 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
26.08 | Property | 444 Toyama Drive | $2,142,084 | 11.9% | $25,250 | $2,116,834 | 11.6% | Equinix, LLC | 7/31/2022 | 42,083 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
27 | Loan | Hampton Inn & Suites Walterboro | 1.3% | $1,559,793 | 15.0% | $146,021 | $1,413,772 | 13.6% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||
28 | Loan | Jewel Osco & State Road Plaza | 1.1% | $1,042,590 | 11.3% | $180,379 | $862,211 | 9.4% | Dollar Tree | 1/31/2027 | 12,000 | 18.0% | Pet Supplies Plus | 5/31/2023 | 8,400 | 12.6% | Athletico | 12/31/2024 | 3,842 | 5.8% | |||||
29 | Loan | Diehl Point at Cantera | 1.0% | $1,192,071 | 14.0% | $40,752 | $1,151,319 | 13.5% | First American Title | 4/30/2027 | 44,296 | 50.0% | Compass Mortgage | 2/28/2029 | 28,390 | 32.0% | Ametek | 5/31/2025 | 15,906 | 18.0% | |||||
30 | Loan | Staybridge Suites Fort Worth | 0.9% | $1,026,919 | 13.3% | $106,506 | $920,413 | 11.9% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||
31 | Loan | El Camino Drive | 0.9% | $653,856 | 9.1% | $18,145 | $635,710 | 8.9% | EMP Productions, LLC | 985 SF (3/31/2021); 820 SF (4/30/2021) | 1,805 | 11.9% | MM Media Law | 1,335 SF (6/30/2020); 440 SF (7/7/2020) | 1,775 | 11.7% | Forbes & Manhattan, Inc. | 5/31/2020 | 1,700 | 11.2% | |||||
32 | Loan | Shops at College Claremont | 0.8% | $558,353 | 8.6% | $9,023 | $549,330 | 8.5% | Fremont Bank | 2/28/2027 | 2,275 | 24.0% | 1st United Credit Union | 5/31/2025 | 2,095 | 22.1% | Philz Coffee, Inc. | 3/31/2025 | 1,914 | 20.2% | |||||
33 | Loan | R&R REIT Extended Stay | 0.7% | $997,665 | 16.4% | $105,083 | $892,583 | 14.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||
33.01 | Property | HomeTowne Covington | N/A | 16.4% | N/A | N/A | 14.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
33.02 | Property | HomeTowne Bentonville | N/A | 16.4% | N/A | N/A | 14.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
34 | Loan | Charlotte Storage Portfolio | 0.5% | $388,376 | 8.6% | $14,960 | $373,416 | 8.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||
34.01 | Property | Mooresville Storage | N/A | 8.6% | N/A | N/A | 8.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
34.02 | Property | Rock Hill Storage | N/A | 8.6% | N/A | N/A | 8.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||
35 | Loan | Gold Country Center | 0.5% | $626,833 | 16.1% | $40,150 | $586,682 | 15.0% | Raley’s | 06/29/2024 | 62,625 | 92.6% | Payless ShoeSource | 04/30/2020 | 2,520 | 3.7% | Papa Murphys | 04/30/2021 | 1,320 | 2.0% | |||||
36 | Loan | CVS - Greenfield, IN | 0.4% | $292,455 | 8.1% | $1,013 | $291,443 | 8.0% | CVS | 1/31/2038 | 10,125 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-5
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
4TH LARGEST TENANT INFORMATION(14)(15) | 5TH LARGEST TENANT INFORMATION(14)(15) | MORTGAGE LOAN RESERVE INFORMATION(16) | |||||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | % of Initial Pool Balance | 4th Largest Tenant(6) | 4th Largest Tenant Lease Expiration | 4th Largest Tenant NSF | 4th Largest Tenant % of NSF | 5th Largest Tenant | 5th Largest Tenant Lease Expiration | 5th Largest Tenant NSF | 5th Largest Tenant % of NSF | Upfront Replacement Reserves (17) | Monthly Replacement Reserves | Replacement Reserve Cap(18) | Upfront TI/LC Reserves (17) | |||
1 | Loan | Darden Headquarters | 9.6% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $0 | Springing | NAP | $0 | ||||
2 | Loan | Embassy Suites Portland Washington Square | 6.8% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $0 | $63,386 | NAP | $0 | ||||
3 | Loan | SITE JV Portfolio | 6.0% | Various | Various | Various | Various | Various | Various | Various | Various | $0 | Springing | NAP | $0 | ||||
3.01 | Property | Ahwatukee Foothills Towne Center | Burlington Coat Factory | 2/29/2028 | 41,752 | 6.1% | Lina Home Furnishing | 5/31/2023 | 37,343 | 5.4% | |||||||||
3.02 | Property | Connecticut Commons | Dick’s Sporting Goods | 1/31/2020 | 50,800 | 9.0% | Marshalls | 4/30/2023 | 28,000 | 4.9% | |||||||||
3.03 | Property | Independence Commons | Ross Dress For Less | 1/31/2023 | 39,947 | 10.4% | Marhsalls | 1/31/2022 | 30,439 | 7.9% | |||||||||
3.04 | Property | Brookside Marketplace | Ross Dress For Less | 1/31/2024 | 23,605 | 7.4% | T.J. Maxx | 11/30/2023 | 23,000 | 7.3% | |||||||||
3.05 | Property | University Centre | Ross Dress For Less | 1/31/2022 | 30,187 | 7.2% | Old Navy | 10/31/2021 | 20,015 | 4.8% | |||||||||
3.06 | Property | Towne Center Prado | Barnes & Noble | 1/31/2020 | 19,978 | 7.0% | Petco | MTM | 15,000 | 5.2% | |||||||||
3.07 | Property | Poyner Place | Old Navy | 8/31/2019 | 16,830 | 6.5% | Pier 1 Imports | 8/31/2019 | 12,103 | 4.7% | |||||||||
3.08 | Property | Route 22 Retail Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
3.09 | Property | Commonwealth Center | Old Navy | 6/30/2023 | 16,000 | 9.7% | Ulta Beauty | 8/31/2023 | 9,856 | 6.0% | |||||||||
3.10 | Property | Ashley Crossing | Jo-Ann | 1/31/2024 | 15,074 | 7.1% | The Zoo Health Club | 6/30/2028 | 10,030 | 4.7% | |||||||||
4 | Loan | 787 Eleventh Avenue | 5.4% | Pershing Square | 01/30/2034 | 66,757 | 13.0% | Dwight Capital | 05/30/2029 | 20,322 | 4.0% | $0 | $0 | NAP | $0 | ||||
5 | Loan | Causeway Square | 5.4% | Pediatric Associates | 6/10/2020 | 7,307 | 4.3% | Physicians Group of S. Florida | 6/30/2024 | 6,440 | 3.8% | $0 | $2,391 | $136,000; monthly deposit recommences if the balance of the reserve falls below $75,000 | $168,156 | ||||
6 | Loan | Bernardus Lodge & Spa | 5.2% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $0 | $53,007 | NAP | $0 | ||||
7 | Loan | ExchangeRight Net Leased Portfolio 24 | 4.2% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $468,128 | $1,803 | NAP | $500,000 | ||||
7.01 | Property | BioLife Plasma Services L.P. - West Des Moines, IA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.02 | Property | BioLife Plasma Services L.P. - Mt. Juliet, TN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.03 | Property | Walgreens - Romeoville, IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.04 | Property | Walgreens - Lawrenceville, GA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.05 | Property | Pick ‘n Save - Wisconsin Rapids, WI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.06 | Property | Tractor Supply - Albuquerque, NM | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.07 | Property | Walgreens - Sheboygan, WI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.08 | Property | Walgreens - Oswego, IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.09 | Property | Walgreens - Waco, TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.10 | Property | Tractor Supply - Antioch, IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.11 | Property | Walgreens - Austin, TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.12 | Property | Walgreens - Flower Mound, TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.13 | Property | Tractor Supply - Columbia Station, OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.14 | Property | Fresenius Medical Care - Brownsville, TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.15 | Property | CVS Pharmacy - Peoria Heights, IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.16 | Property | Advance Auto Parts - Grayslake, IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.17 | Property | Dollar General - Lancaster, PA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.18 | Property | Sherwin Williams - Painesville, OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.19 | Property | Dollar General - Herminie, PA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.20 | Property | Dollar General - Tallahassee, FL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.21 | Property | Dollar General - Gibsonia, PA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.22 | Property | Dollar General - Mansfield, OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.23 | Property | Advance Auto Parts - McDonough, GA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.24 | Property | Dollar Tree - Cleveland, OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
8 | (21) | Loan | 2 North 6th Place | 4.1% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $0 | $9,233 | NAP | $0 | |||
9 | (21) | Loan | Saint Louis Galleria | 4.0% | Urban Outfitters | 01/31/2021 | 12,623 | 2.7% | Forever 21 | 01/31/2020 | 11,798 | 2.5% | $0 | Springing | $236,181 | $0 | |||
10 | Loan | Courtyard San Antonio Riverwalk | 3.4% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $0 | Springing | NAP | $0 | ||||
11 | Loan | Georgetown Squared & Seattle Design Center | 3.1% | Andersen Construction NW | 5/31/2027 | 24,275 | 5.6% | Open Square | 5/31/2026 | 23,422 | 5.4% | $0 | $7,179 | NAP | $2,000,000 | ||||
12 | (21) | Loan | Temperance Industrial | 3.1% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $200,000 | Springing | $200,000; $6,307 monthly deposit commencing if balance of the reserve falls below $50,000 | $0 | |||
13 | Loan | Continental Towers | 3.0% | Advocate Health Partners | 12/31/2025 | 70,972 | 7.8% | Panasonic Corporation of North America | 48,813 SF (12/31/2022); 4,418 SF (5/31/2020) | 53,231 | 5.8% | $0 | $15,179 | NAP | $0 | ||||
14 | Loan | Culver City Medical | 3.0% | Culver City Surgical Specialists (Paul Brody) | 10/31/2020 | 2,784 | 4.9% | D Houston MD & J Muro MD | 8/30/2021 | 2,667 | 4.7% | $0 | $566 | $34,200 | $400,000 | ||||
15 | Loan | Nebraska Crossing | 2.8% | Forever 21 | 01/31/2024 | 15,114 | 4.1% | Nike | 01/31/2024 | 15,001 | 4.1% | $4,588 | $4,588 | $120,000 | $37,057 | ||||
16 | Loan | Desert Marketplace | 2.8% | PetCo | 8/31/2019 | 15,000 | 8.0% | Walgreens | 6/30/2033 | 14,820 | 7.9% | $0 | $3,893 | NAP | $500,000 | ||||
17 | Loan | One Lincoln Center | 2.7% | Cadaret, Grant & Co. | 12/31/2019 | 30,882 | 10.1% | Grossman St. Armour CPA | 2/28/2027 | 14,710 | 4.8% | $0 | $5,093 | NAP | $500,000 | ||||
18 | Loan | WHG Portfolio | 2.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $0 | Monthly deposit shall be an amount greater of (i) FF&E Payment, (ii) the amount of the deposit required by Franchisor on account of FF&E under the Franchise Agreement, (iii) $33,700 | NAP | $0 | ||||
18.01 | Property | HomeTowne Studios - Casselberry, FL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
18.02 | Property | HomeTowne Studios - Delegates, FL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
18.03 | Property | HomeTowne Studios - Concord, NC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
18.04 | Property | HomeTowne Studios - Chamblee, GA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
18.05 | Property | HomeTowne Studios - Columbus, OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
19 | (21) | Loan | Country Club Corners | 2.5% | Mattress 1 | 3/31/2029 | 3,200 | 3.5% | Nail Boutique Spa | 3/31/2028 | 2,811 | 3.1% | $0 | Springing | NAP | $0 | |||
20 | Loan | Route 66 Promenade | 2.2% | Red Dragon Karate | 9/30/2023 | 3,000 | 3.9% | Lone Hill Liquor | 1/31/2020 | 3,000 | 3.9% | $0 | $1,229 | $58,944 | $0 | ||||
21 | Loan | Mesa Royale Senior Apartments | 1.9% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $0 | $3,167 | NAP | $0 | ||||
22 | Loan | Town Point Center | 1.8% | Verizon | 10/31/2022 | 7,075 | 5.3% | RCMA Americas (Alan Grant Polymer) | 8/15/2022 | 7,061 | 5.3% | $0 | $2,320 | NAP | $1,125,000 | ||||
23 | Loan | Brooklyn Multifamily Portfolio | 1.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $458 | $458 | $55,000 | $0 | ||||
23.01 | Property | 555-557 Union Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
23.02 | Property | 141 Troutman Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
23.03 | Property | 243 Suydam Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
24 | Loan | Homewood Suites by Hilton Concord Charlotte | 1.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $0 | 1/12th of 4% of Total Revenue | NAP | $0 | ||||
25 | Loan | Hampton Inn & Suites Fayetteville | 1.4% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $0 | 1/12th of 4% of Total Revenue | NAP | $0 | ||||
26 | Loan | Prudential - Digital Realty Portfolio | 1.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $0 | Springing | $417,173 | $0 | ||||
26.01 | Property | 14901 FAA Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
26.02 | Property | 4650 Old Ironsides Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
26.03 | Property | 43790 Devin Shafron Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
26.04 | Property | 636 Pierce Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
26.05 | Property | 21551 Beaumeade Circle | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
26.06 | Property | 7505 Mason King Court | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
26.07 | Property | 4700 Old Ironsides Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
26.08 | Property | 444 Toyama Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
27 | Loan | Hampton Inn & Suites Walterboro | 1.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $0 | 1/12th of 4% of Total Revenue | NAP | $0 | ||||
28 | Loan | Jewel Osco & State Road Plaza | 1.1% | Select Staffing | TBD | 2,450 | 3.7% | Weight Watchers | 3/31/2019 | 2,230 | 3.3% | $820,785 | $3,469 | NAP | $0 | ||||
29 | Loan | Diehl Point at Cantera | 1.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $292,354 | $0 | NAP | $300,000 | ||||
30 | Loan | Staybridge Suites Fort Worth | 0.9% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $0 | $8,646 | NAP | $0 | ||||
31 | Loan | El Camino Drive | 0.9% | AMT Enterprises | 9/30/2021 | 1,500 | 9.9% | United Real Estate Corp. | 5/31/2020 | 1,350 | 8.9% | $0 | $315 | NAP | $0 | ||||
32 | Loan | Shops at College Claremont | 0.8% | Ike’s Love & Sandwiches | 3/31/2026 | 1,176 | 12.4% | Cream, Inc. | 9/30/2022 | 1,100 | 11.6% | $0 | Springing | NAP | $0 | ||||
33 | Loan | R&R REIT Extended Stay | 0.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $0 | Greater of (i) the FF&E Payment ($20,833.33 until 1/5/2022 and 5% of total revenue thereafter), or (ii) the amount of the deposit required by Franchisor on account of FF&E under the Franchise Agreement | NAP | $0 | ||||
33.01 | Property | HomeTowne Covington | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
33.02 | Property | HomeTowne Bentonville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
34 | Loan | Charlotte Storage Portfolio | 0.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $0 | $1,247 | NAP | $0 | ||||
34.01 | Property | Mooresville Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
34.02 | Property | Rock Hill Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
35 | Loan | Gold Country Center | 0.5% | T-Nails | 05/31/2023 | 1,200 | 1.8% | NAP | NAP | NAP | NAP | $0 | $846 | NAP | $0 | ||||
36 | Loan | CVS - Greenfield, IN | 0.4% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | $0 | $84 | NAP | $0 |
A-1-6
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
MORTGAGE LOAN RESERVE INFORMATION(16) | ||||||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | % of Initial Pool Balance | Monthly TI/LC Reserves | TI/LC Reserve Cap(18) | Upfront Tax Reserves (17) | Monthly Tax Reserves | Upfront Insurance Reserves (17) | Monthly Insurance Reserves | Upfront Deferred Maint. Reserve (17) | Upfront Debt Service Reserves(17) | Monthly Debt Service Reserves | Upfront Environmental Reserves(17) | Initial Other Reserves(6)(17) | Initial Other Reserves Description(6) | Ongoing Other Reserves | |
1 | Loan | Darden Headquarters | 9.6% | $0 | NAP | $0 | Springing | $0 | Springing | $0 | $0 | $0 | $0 | $0 | NAP | $0 | ||
2 | Loan | Embassy Suites Portland Washington Square | 6.8% | $0 | NAP | $185,292 | $44,974 | $17,956 | $8,978 | $198,440 | $0 | $0 | $0 | $1,232,804 | PIP Reserve | Seasonality Reserve (Springing) | ||
3 | Loan | SITE JV Portfolio | 6.0% | Springing | NAP | $0 | Springing | $0 | Springing | $0 | $0 | $0 | $0 | $8,421,533 | Unfunded Obligations Reserve ($5,623,512); University Centre Reserve ($2,798,021) | Operating Expense Reserve (Springing) | ||
3.01 | Property | Ahwatukee Foothills Towne Center | ||||||||||||||||
3.02 | Property | Connecticut Commons | ||||||||||||||||
3.03 | Property | Independence Commons | ||||||||||||||||
3.04 | Property | Brookside Marketplace | ||||||||||||||||
3.05 | Property | University Centre | ||||||||||||||||
3.06 | Property | Towne Center Prado | ||||||||||||||||
3.07 | Property | Poyner Place | ||||||||||||||||
3.08 | Property | Route 22 Retail Center | ||||||||||||||||
3.09 | Property | Commonwealth Center | ||||||||||||||||
3.10 | Property | Ashley Crossing | ||||||||||||||||
4 | Loan | 787 Eleventh Avenue | 5.4% | Springing | NAP | $0 | Springing | $0 | Springing | $0 | $0 | $0 | $0 | $46,571,799 | Renovation Reserve ($6,131,548); Outstanding Tenant Improvement Reserve ($24,254,223); Outstanding Leasing Commission Reserve ($521,488); Free Rent Reserve ($15,664,540) | $0 | ||
5 | Loan | Causeway Square | 5.4% | $12,500 | $750,000; monthly deposit recommences if the balance of the reserve falls below $250,000 | $561,158 | $43,166 | $0 | $2,392 | $0 | $0 | $0 | $75,000 | $881,844 | Master Lease Reserve ($660,811); Free Rent Reserve ($221,033) | Lease Sweep Reserve (Springing) | ||
6 | Loan | Bernardus Lodge & Spa | 5.2% | $0 | NAP | $75,000 | $19,681 | $0 | Springing | $0 | $0 | $0 | $0 | $0 | NAP | PIP Reserve (Springing) | ||
7 | Loan | ExchangeRight Net Leased Portfolio 24 | 4.2% | Springing | NAP | $73,329 | $14,411 | $0 | Springing | $17,645 | $0 | $0 | $0 | $0 | NAP | $0 | ||
7.01 | Property | BioLife Plasma Services L.P. - West Des Moines, IA | ||||||||||||||||
7.02 | Property | BioLife Plasma Services L.P. - Mt. Juliet, TN | ||||||||||||||||
7.03 | Property | Walgreens - Romeoville, IL | ||||||||||||||||
7.04 | Property | Walgreens - Lawrenceville, GA | ||||||||||||||||
7.05 | Property | Pick ‘n Save - Wisconsin Rapids, WI | ||||||||||||||||
7.06 | Property | Tractor Supply - Albuquerque, NM | ||||||||||||||||
7.07 | Property | Walgreens - Sheboygan, WI | ||||||||||||||||
7.08 | Property | Walgreens - Oswego, IL | ||||||||||||||||
7.09 | Property | Walgreens - Waco, TX | ||||||||||||||||
7.10 | Property | Tractor Supply - Antioch, IL | ||||||||||||||||
7.11 | Property | Walgreens - Austin, TX | ||||||||||||||||
7.12 | Property | Walgreens - Flower Mound, TX | ||||||||||||||||
7.13 | Property | Tractor Supply - Columbia Station, OH | ||||||||||||||||
7.14 | Property | Fresenius Medical Care - Brownsville, TX | ||||||||||||||||
7.15 | Property | CVS Pharmacy - Peoria Heights, IL | ||||||||||||||||
7.16 | Property | Advance Auto Parts - Grayslake, IL | ||||||||||||||||
7.17 | Property | Dollar General - Lancaster, PA | ||||||||||||||||
7.18 | Property | Sherwin Williams - Painesville, OH | ||||||||||||||||
7.19 | Property | Dollar General - Herminie, PA | ||||||||||||||||
7.20 | Property | Dollar General - Tallahassee, FL | ||||||||||||||||
7.21 | Property | Dollar General - Gibsonia, PA | ||||||||||||||||
7.22 | Property | Dollar General - Mansfield, OH | ||||||||||||||||
7.23 | Property | Advance Auto Parts - McDonough, GA | ||||||||||||||||
7.24 | Property | Dollar Tree - Cleveland, OH | ||||||||||||||||
8 | (21) | Loan | 2 North 6th Place | 4.1% | $0 | NAP | $0 | Springing | $0 | Springing | $0 | $10,000,000 | Springing | $0 | $0 | NAP | Leasing Expense Reserve (Springing) | |
9 | (21) | Loan | Saint Louis Galleria | 4.0% | Springing | $1,889,448 | $0 | Springing | $0 | Springing | $0 | $0 | $0 | $0 | $1,675,345 | Outstanding Tenant Improvements Reserve ($1,593,050); Bridge Rent Reserve ($82,295) | $0 | |
10 | Loan | Courtyard San Antonio Riverwalk | 3.4% | $0 | NAP | $206,634 | Springing | $0 | Springing | $0 | $0 | $0 | $0 | Springing | PIP Reserve | Parking Rent Reserve (Springing) | ||
11 | Loan | Georgetown Squared & Seattle Design Center | 3.1% | $35,894 | $1,200,000 | $198,286 | $33,048 | $70,561 | $7,056 | $15,845 | $0 | $0 | $0 | $627,391 | Unfunded Obligations Reserve | $0 | ||
12 | (21) | Loan | Temperance Industrial | 3.1% | $22,075 | NAP | $53,161 | $17,720 | $6,307 | $6,307 | $0 | $0 | $0 | $0 | $0 | NAP | Lease Sweep Reserve (Springing) | |
13 | Loan | Continental Towers | 3.0% | $113,840 | NAP | $914,318 | $304,773 | $111,862 | Springing | $0 | $0 | $0 | $0 | $2,008,594 | Tenant Allowance Reserve ($1,070,187); Rent Concession Reserve ($938,407) | Capital Expenditure Reserve (Springing) | ||
14 | Loan | Culver City Medical | 3.0% | $4,715 | $100,000; monthly deposit recommences if the balance of the reserve falls below $100,000 | $0 | $20,329 | $0 | Springing | $0 | $0 | $0 | $0 | $73,126 | Free Rent Reserve | $0 | ||
15 | Loan | Nebraska Crossing | 2.8% | $37,057 | NAP | $536,831 | $134,208 | $17,831 | $8,916 | $0 | $0 | $0 | $0 | $500,000 | Outstanding Tenant Improvements Reserve | $0 | ||
16 | Loan | Desert Marketplace | 2.8% | $11,680 (12/5/2018-11/5/2022); $6,229 (12/5/2022- 11/5/2028) | NAP | $64,043 | $16,011 | $6,672 | $3,336 | $0 | $0 | $0 | $0 | $89,912 | Free Rent Reserve ($29,912); Smith’s Fuel Center Reserve ($60,000) | Lease Sweep Reserve (springing) | ||
17 | Loan | One Lincoln Center | 2.7% | Springing | NAP | $62,833 | $62,833 | $0 | Springing | $0 | $0 | $0 | $0 | $0 | NAP | Lease Sweep Reserve (Springing) | ||
18 | Loan | WHG Portfolio | 2.5% | $0 | NAP | $179,156 | $29,859 | $0 | Springing | $0 | $0 | $0 | $0 | $0 | NAP | $0 | ||
18.01 | Property | HomeTowne Studios - Casselberry, FL | ||||||||||||||||
18.02 | Property | HomeTowne Studios - Delegates, FL | ||||||||||||||||
18.03 | Property | HomeTowne Studios - Concord, NC | ||||||||||||||||
18.04 | Property | HomeTowne Studios - Chamblee, GA | ||||||||||||||||
18.05 | Property | HomeTowne Studios - Columbus, OH | ||||||||||||||||
19 | (21) | Loan | Country Club Corners | 2.5% | Springing | $250,000 | $0 | Springing | $0 | Springing | $0 | $0 | $0 | $0 | $0 | NAP | Lease Sweep Reserve (Springing) | |
20 | Loan | Route 66 Promenade | 2.2% | $3,333 | $120,000 | $141,467 | $14,147 | $0 | $3,881 | $0 | $0 | $0 | $0 | $0 | NAP | Lease Sweep Reserve (Springing) | ||
21 | Loan | Mesa Royale Senior Apartments | 1.9% | $0 | NAP | $19,600 | $6,534 | $0 | Springing | $0 | $0 | $0 | $0 | $0 | NAP | $0 | ||
22 | Loan | Town Point Center | 1.8% | $6,360 | $500,000 | $65,672 | $16,418 | $33,161 | $4,145 | $0 | $0 | $0 | $0 | $683,760 | Outstanding TI/Rent Abatement Reserve | $0 | ||
23 | Loan | Brooklyn Multifamily Portfolio | 1.7% | $0 | NAP | $10,211 | $1,702 | $10,063 | $839 | $1,000 | $198,722 | $0 | $0 | Springing | Obligation Reserve | $0 | ||
23.01 | Property | 555-557 Union Street | ||||||||||||||||
23.02 | Property | 141 Troutman Street | ||||||||||||||||
23.03 | Property | 243 Suydam Street | ||||||||||||||||
24 | Loan | Homewood Suites by Hilton Concord Charlotte | 1.7% | $0 | NAP | $56,180 | $14,045 | $13,447 | $1,222 | $0 | $0 | $0 | $0 | $0 | NAP | $0 | ||
25 | Loan | Hampton Inn & Suites Fayetteville | 1.4% | $0 | NAP | $7,230 | $7,230 | $10,053 | $1,206 | $0 | $0 | $0 | $0 | $0 | NAP | $0 | ||
26 | Loan | Prudential - Digital Realty Portfolio | 1.3% | Springing | NAP | $0 | Springing | $0 | Springing | $0 | $0 | $0 | $0 | $0 | NAP | $0 | ||
26.01 | Property | 14901 FAA Boulevard | ||||||||||||||||
26.02 | Property | 4650 Old Ironsides Drive | ||||||||||||||||
26.03 | Property | 43790 Devin Shafron Drive | ||||||||||||||||
26.04 | Property | 636 Pierce Street | ||||||||||||||||
26.05 | Property | 21551 Beaumeade Circle | ||||||||||||||||
26.06 | Property | 7505 Mason King Court | ||||||||||||||||
26.07 | Property | 4700 Old Ironsides Drive | ||||||||||||||||
26.08 | Property | 444 Toyama Drive | ||||||||||||||||
27 | Loan | Hampton Inn & Suites Walterboro | 1.3% | $0 | NAP | $112,500 | $12,500 | $14,678 | $2,097 | $0 | $0 | $0 | $0 | $0 | NAP | $0 | ||
28 | Loan | Jewel Osco & State Road Plaza | 1.1% | $11,563 | NAP | $148,636 | $39,520 | $0 | Springing | $214,011 | $0 | $0 | $0 | $0 | NAP | $0 | ||
29 | Loan | Diehl Point at Cantera | 1.0% | $3,323 | NAP | $16,262 | $16,262 | $4,081 | $2,040 | $0 | $0 | $0 | $0 | $325,930 | Compass TI Reserve ($310,250); Compass Free Rent Reserve ($15,680); Lease Termination Rollover Reserve (Springing) | First American Lease Sweep Reserve (Springing); Compass Mortgage Lease Sweep Reserve (Springing) | ||
30 | Loan | Staybridge Suites Fort Worth | 0.9% | $0 | NAP | $23,460 | $11,730 | $13,770 | $4,590 | $0 | $0 | $0 | $0 | Springing | PIP Reserve | $0 | ||
31 | Loan | El Camino Drive | 0.9% | $1,259 | NAP | $37,491 | $9,373 | $7,000 | $583 | $0 | $0 | $0 | $0 | $0 | NAP | $0 | ||
32 | Loan | Shops at College Claremont | 0.8% | $554 | NAP | $0 | Springing | $0 | Springing | $0 | $0 | $0 | $0 | $0 | NAP | $0 | ||
33 | Loan | R&R REIT Extended Stay | 0.7% | $0 | NAP | $21,509 | $7,170 | $0 | Springing | $0 | $0 | $0 | $0 | $0 | NAP | $0 | ||
33.01 | Property | HomeTowne Covington | ||||||||||||||||
33.02 | Property | HomeTowne Bentonville | ||||||||||||||||
34 | Loan | Charlotte Storage Portfolio | 0.5% | $0 | NAP | $52,219 | $5,222 | $500 | $500 | $20,000 | $0 | $0 | $0 | $0 | NAP | $0 | ||
34.01 | Property | Mooresville Storage | ||||||||||||||||
34.02 | Property | Rock Hill Storage | ||||||||||||||||
35 | Loan | Gold Country Center | 0.5% | $2,500 | NAP | $29,300 | $5,860 | $3,145 | $1,048 | $63,336 | $0 | $0 | $0 | $100,000 | Roof Replacement Reserve | $0 | ||
36 | Loan | CVS - Greenfield, IN | 0.4% | $0 | NAP | $0 | Springing | $0 | Springing | $9,519 | $0 | $0 | $0 | $0 | NAP | Lease Sweep Reserve (Springing) |
A-1-7
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
MORTGAGE LOAN RESERVE INFORMATION(16) | ||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | % of Initial Pool Balance | Ongoing Other Reserves Description | Other Reserves Cap(18) | Holdback(19) | Holdback Amount(19) | Holdback Description(19) | Letter of Credit | Letter of Credit Description | |
1 | Loan | Darden Headquarters | 9.6% | NAP | NAP | No | NAP | NAP | No | NAP | ||
2 | Loan | Embassy Suites Portland Washington Square | 6.8% | Seasonality Reserve: Commencing upon the occurrence of a Seasonality Trigger on the Payment Date occurring in March 2023 and on each Payment Date occurring in March, April, May, June, July, August, September and October thereafter and throughout the term, Borrower shall deposit with Lender an amount equal to $25,000. | NAP | No | NAP | NAP | No | NAP | ||
3 | Loan | SITE JV Portfolio | 6.0% | On each monthly payment date occurring on or after a Trigger Period, Borrower shall deposit an amount equal to the aggregate amount of Approved Operating Expenses | NAP | No | NAP | NAP | No | NAP | ||
3.01 | Property | Ahwatukee Foothills Towne Center | ||||||||||
3.02 | Property | Connecticut Commons | ||||||||||
3.03 | Property | Independence Commons | ||||||||||
3.04 | Property | Brookside Marketplace | ||||||||||
3.05 | Property | University Centre | ||||||||||
3.06 | Property | Towne Center Prado | ||||||||||
3.07 | Property | Poyner Place | ||||||||||
3.08 | Property | Route 22 Retail Center | ||||||||||
3.09 | Property | Commonwealth Center | ||||||||||
3.10 | Property | Ashley Crossing | ||||||||||
4 | Loan | 787 Eleventh Avenue | 5.4% | NAP | NAP | No | NAP | NAP | No | NAP | ||
5 | Loan | Causeway Square | 5.4% | Lease Sweep Reserve: During a Cash Trap Event Period, due to the continuance of a Lease Sweep Period all Excess Cash Flow is required to be deposited | NAP | No | NAP | NAP | No | NAP | ||
6 | Loan | Bernardus Lodge & Spa | 5.2% | PIP Reserve (Borrower shall deposit with Lender on the date that any PIP is imposed pursuant to the Woodside Management Agreement, any Replacement Management Agreement or any franchise agreement, an amount equal to 110% of the sum required to pay for such PIP) | NAP | No | NAP | NAP | No | NAP | ||
7 | Loan | ExchangeRight Net Leased Portfolio 24 | 4.2% | NAP | NAP | No | NAP | NAP | No | NAP | ||
7.01 | Property | BioLife Plasma Services L.P. - West Des Moines, IA | ||||||||||
7.02 | Property | BioLife Plasma Services L.P. - Mt. Juliet, TN | ||||||||||
7.03 | Property | Walgreens - Romeoville, IL | ||||||||||
7.04 | Property | Walgreens - Lawrenceville, GA | ||||||||||
7.05 | Property | Pick ‘n Save - Wisconsin Rapids, WI | ||||||||||
7.06 | Property | Tractor Supply - Albuquerque, NM | ||||||||||
7.07 | Property | Walgreens - Sheboygan, WI | ||||||||||
7.08 | Property | Walgreens - Oswego, IL | ||||||||||
7.09 | Property | Walgreens - Waco, TX | ||||||||||
7.10 | Property | Tractor Supply - Antioch, IL | ||||||||||
7.11 | Property | Walgreens - Austin, TX | ||||||||||
7.12 | Property | Walgreens - Flower Mound, TX | ||||||||||
7.13 | Property | Tractor Supply - Columbia Station, OH | ||||||||||
7.14 | Property | Fresenius Medical Care - Brownsville, TX | ||||||||||
7.15 | Property | CVS Pharmacy - Peoria Heights, IL | ||||||||||
7.16 | Property | Advance Auto Parts - Grayslake, IL | ||||||||||
7.17 | Property | Dollar General - Lancaster, PA | ||||||||||
7.18 | Property | Sherwin Williams - Painesville, OH | ||||||||||
7.19 | Property | Dollar General - Herminie, PA | ||||||||||
7.20 | Property | Dollar General - Tallahassee, FL | ||||||||||
7.21 | Property | Dollar General - Gibsonia, PA | ||||||||||
7.22 | Property | Dollar General - Mansfield, OH | ||||||||||
7.23 | Property | Advance Auto Parts - McDonough, GA | ||||||||||
7.24 | Property | Dollar Tree - Cleveland, OH | ||||||||||
8 | (21) | Loan | 2 North 6th Place | 4.1% | Leasing Expense Reserve (During the continuance of a Cash Management Period all Rents attributable to the budgeted Approved Leasing Expenses for the upcoming calendar month is required to be deposited in the account) | NAP | No | NAP | NAP | No | NAP | |
9 | (21) | Loan | Saint Louis Galleria | 4.0% | NAP | NAP | No | NAP | NAP | No | NAP | |
10 | Loan | Courtyard San Antonio Riverwalk | 3.4% | Parking Rent Reserve (Monthly amounts of Parking Rent payable under the Parking Lease springing upon: (i) an Event of Default; (ii) when the Management Agreement is not in full force and effect; (iii) Lender has not received satisfactory evidence that Monthly Parking Rent Payments are being timely paid.) | NAP | No | NAP | NAP | No | NAP | ||
11 | Loan | Georgetown Squared & Seattle Design Center | 3.1% | NAP | NAP | Yes | $17,000,000 | May be released provided that, among other conditions, an 8.0% net cash flow debt yield is achieved. Any amounts not disbursed at the end of the 9th year of the loan term year will be used to pay down the whole loan on May 6, 2028 (the open prepayment date). | No | NAP | ||
12 | (21) | Loan | Temperance Industrial | 3.1% | Lease Sweep Reserve: During a Cash Trap Event Period, due to the continuance of a Lease Sweep Period all Excess Cash Flow is required to be deposited | NAP | No | NAP | NAP | No | NAP | |
13 | Loan | Continental Towers | 3.0% | If a Capital Expenditure Trigger Event has occurred Borrower shall deposit an amount with Lender as a reserve for Capital Expenditures until the amount so deposited is equal to the Capital Expenditures Shortfall Amount. | NAP | No | NAP | NAP | No | NAP | ||
14 | Loan | Culver City Medical | 3.0% | NAP | NAP | No | NAP | NAP | No | NAP | ||
15 | Loan | Nebraska Crossing | 2.8% | NAP | NAP | No | NAP | NAP | No | NAP | ||
16 | Loan | Desert Marketplace | 2.8% | Lease Sweep Reserve: During a Cash Trap Event Period, due to the continuance of a Lease Sweep Period all Excess Cash Flow is required to be deposited | NAP | No | NAP | NAP | No | NAP | ||
17 | Loan | One Lincoln Center | 2.7% | Lease Sweep Reserve: During a Cash Trap Event Period, due to the continuance of a Lease Sweep Period all Excess Cash Flow is required to be deposited | NAP | No | NAP | NAP | No | NAP | ||
18 | Loan | WHG Portfolio | 2.5% | NAP | NAP | No | NAP | NAP | No | NAP | ||
18.01 | Property | HomeTowne Studios - Casselberry, FL | ||||||||||
18.02 | Property | HomeTowne Studios - Delegates, FL | ||||||||||
18.03 | Property | HomeTowne Studios - Concord, NC | ||||||||||
18.04 | Property | HomeTowne Studios - Chamblee, GA | ||||||||||
18.05 | Property | HomeTowne Studios - Columbus, OH | ||||||||||
19 | (21) | Loan | Country Club Corners | 2.5% | Lease Sweep Reserve: During a Cash Trap Event Period, due to the continuance of a Lease Sweep Period all Excess Cash Flow is required to be deposited | NAP | No | NAP | NAP | No | NAP | |
20 | Loan | Route 66 Promenade | 2.2% | Lease Sweep Reserve: During a Cash Trap Event Period, due to the continuance of a Lease Sweep Period all Excess Cash Flow is required to be deposited | NAP | No | NAP | NAP | No | NAP | ||
21 | Loan | Mesa Royale Senior Apartments | 1.9% | NAP | NAP | No | NAP | NAP | No | NAP | ||
22 | Loan | Town Point Center | 1.8% | NAP | NAP | No | NAP | NAP | No | NAP | ||
23 | Loan | Brooklyn Multifamily Portfolio | 1.7% | NAP | NAP | No | NAP | NAP | No | NAP | ||
23.01 | Property | 555-557 Union Street | ||||||||||
23.02 | Property | 141 Troutman Street | ||||||||||
23.03 | Property | 243 Suydam Street | ||||||||||
24 | Loan | Homewood Suites by Hilton Concord Charlotte | 1.7% | NAP | NAP | No | NAP | NAP | No | NAP | ||
25 | Loan | Hampton Inn & Suites Fayetteville | 1.4% | NAP | NAP | No | NAP | NAP | No | NAP | ||
26 | Loan | Prudential - Digital Realty Portfolio | 1.3% | NAP | NAP | No | NAP | NAP | No | NAP | ||
26.01 | Property | 14901 FAA Boulevard | ||||||||||
26.02 | Property | 4650 Old Ironsides Drive | ||||||||||
26.03 | Property | 43790 Devin Shafron Drive | ||||||||||
26.04 | Property | 636 Pierce Street | ||||||||||
26.05 | Property | 21551 Beaumeade Circle | ||||||||||
26.06 | Property | 7505 Mason King Court | ||||||||||
26.07 | Property | 4700 Old Ironsides Drive | ||||||||||
26.08 | Property | 444 Toyama Drive | ||||||||||
27 | Loan | Hampton Inn & Suites Walterboro | 1.3% | NAP | NAP | No | NAP | NAP | No | NAP | ||
28 | Loan | Jewel Osco & State Road Plaza | 1.1% | NAP | NAP | No | NAP | NAP | No | NAP | ||
29 | Loan | Diehl Point at Cantera | 1.0% | First American Lease Sweep Reserve (During a Cash Management Period due solely to a First American Lease Sweep Period, Borrower shall deposit excess cash flow. In addition, upon the occurrence of any of (1) a First American notice of termination, (2) First American failure to renew or (3) Compass notice of termination, all TI/LC Reserve funds then on deposit and each TI/LC Reserve Fund Monthly Deposit thereafter shall be deposited until the earlier of (i) First American lease renewal or (ii) re-tenanting of the First American space); Compass Mortgage Lease Sweep Reserve (During a Cash Management Period due solely to a Compass Mortgage Lease Sweep Period, Borrower shall deposit excess cash flow). | During a Cash Management Period that exists due to the occurrence of any Lease Sweep Events with respect to both First American and Compass Mortgage (but no other Cash Management Event), all excess cash first into the First American Lease Sweep Reserve Account until the earlier of; (i) such time as the amount on reserve therein equals $2,600,000 and (ii) such time that all Lease Sweep Events with respect to First American have been cured and then into the Compass Mortgage Lease Sweep Reserve. | No | NAP | NAP | No | NAP | ||
30 | Loan | Staybridge Suites Fort Worth | 0.9% | NAP | NAP | No | NAP | NAP | No | NAP | ||
31 | Loan | El Camino Drive | 0.9% | NAP | NAP | No | NAP | NAP | No | NAP | ||
32 | Loan | Shops at College Claremont | 0.8% | NAP | NAP | No | NAP | NAP | No | NAP | ||
33 | Loan | R&R REIT Extended Stay | 0.7% | NAP | NAP | No | NAP | NAP | No | NAP | ||
33.01 | Property | HomeTowne Covington | ||||||||||
33.02 | Property | HomeTowne Bentonville | ||||||||||
34 | Loan | Charlotte Storage Portfolio | 0.5% | NAP | NAP | No | NAP | NAP | No | NAP | ||
34.01 | Property | Mooresville Storage | ||||||||||
34.02 | Property | Rock Hill Storage | ||||||||||
35 | Loan | Gold Country Center | 0.5% | NAP | NAP | No | NAP | NAP | No | NAP | ||
36 | Loan | CVS - Greenfield, IN | 0.4% | Lease Sweep Reserve (On each monthly payment date occurring during a Lease Sweep Period, Borrower shall deposit an amount equal to tenant improvements and leasing commissions with respect to Qualified Leases) | NAP | No | NAP | NAP | No | NAP |
A-1-8
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
THIRD PARTY REPORTS | ADDITIONAL PERMITTED DEBT | TOTAL MORTGAGE DEBT INFORMATION | |||||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | % of Initial Pool Balance | Appraisal Value Date | Environmental Phase I Report Date(20) | Phase II Performed(20) | Engineering Report Date | Seismic Zone (Y/N) | Seismic Report Date | PML % | Additional Future Debt Permitted | Additional Future Debt Permitted Description | Cut-off Date Pari Passu Mortgage Debt Balance(3) | Cut-off Date Subord. Mortgage Debt Balance | Total Mortgage Debt Cut-off Date LTV Ratio | |||
1 | Loan | Darden Headquarters | 9.6% | 11/29/2018 | 11/28/2018 | No | 11/29/2018 | NAP | NAP | NAP | No | NAP | $110,000,000 | NAP | 69.9% | ||||
2 | Loan | Embassy Suites Portland Washington Square | 6.8% | 12/16/2018 | 11/14/2018 | No | 1/18/2019 | 3 | 1/18/2019 | 12.0% | No | NAP | NAP | NAP | 67.9% | ||||
3 | Loan | SITE JV Portfolio | 6.0% | Various | 10/16/2018 | No | 10/18/2018 | Various | Various | Various | No | NAP | $220,000,000 | $144,320,000 | 58.8% | ||||
3.01 | Property | Ahwatukee Foothills Towne Center | 9/5/2018 | 10/16/2018 | No | 10/18/2018 | NAP | NAP | NAP | 58.8% | |||||||||
3.02 | Property | Connecticut Commons | 9/4/2018 | 10/16/2018 | No | 10/18/2018 | NAP | NAP | NAP | 58.8% | |||||||||
3.03 | Property | Independence Commons | 8/29/2018 | 10/16/2018 | No | 10/18/2018 | NAP | NAP | NAP | 58.8% | |||||||||
3.04 | Property | Brookside Marketplace | 9/7/2018 | 10/16/2018 | No | 10/18/2018 | NAP | NAP | NAP | 58.8% | |||||||||
3.05 | Property | University Centre | 9/11/2018 | 10/16/2018 | No | 10/18/2018 | NAP | NAP | NAP | 58.8% | |||||||||
3.06 | Property | Towne Center Prado | 9/10/2018 | 10/16/2018 | No | 10/18/2018 | NAP | NAP | NAP | 58.8% | |||||||||
3.07 | Property | Poyner Place | 9/11/2018 | 10/16/2018 | No | 10/18/2018 | NAP | NAP | NAP | 58.8% | |||||||||
3.08 | Property | Route 22 Retail Center | 8/29/2018 | 10/16/2018 | No | 10/18/2018 | NAP | NAP | NAP | 58.8% | |||||||||
3.09 | Property | Commonwealth Center | 8/30/2018 | 10/16/2018 | No | 10/18/2018 | NAP | NAP | NAP | 58.8% | |||||||||
3.10 | Property | Ashley Crossing | 9/7/2018 | 10/16/2018 | No | 10/18/2018 | 3 | 10/16/2018 | 10.0% | 58.8% | |||||||||
4 | Loan | 787 Eleventh Avenue | 5.4% | 12/2/2018 | 12/11/2018 | No | 11/16/2018 | NAP | NAP | NAP | No | NAP | $175,000,000 | $235,000,000 | 63.1% | ||||
5 | Loan | Causeway Square | 5.4% | 9/28/2018 | 8/30/2018 | No | 8/21/2018 | NAP | NAP | NAP | Yes | Future Mezzanine upon repayment of existing Mezzanine Loan: Min Combined DSCR 1.20x, Max Combined LTV 75%, Intercreditor Agreement, Rating Agency Confirmation | NAP | NAP | 65.3% | ||||
6 | Loan | Bernardus Lodge & Spa | 5.2% | 8/1/2018 | 8/7/2018 | No | 8/7/2018 | 4 | 2/28/2017 | 8.0% | Yes | Mezzanine Loan: Min Combined DSCR 1.76x, Min Combined DY 11.7%, Max Combined LTV 60%, Intercreditor Agreement, Rating Agency Confirmation | NAP | NAP | 54.4% | ||||
7 | Loan | ExchangeRight Net Leased Portfolio 24 | 4.2% | Various | Various | No | Various | NAP | NAP | NAP | No | NAP | $54,165,000 | NAP | 62.0% | ||||
7.01 | Property | BioLife Plasma Services L.P. - West Des Moines, IA | 10/05/2018 | 09/25/2018 | No | 09/25/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.02 | Property | BioLife Plasma Services L.P. - Mt. Juliet, TN | 10/05/2018 | 09/25/2018 | No | 09/25/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.03 | Property | Walgreens - Romeoville, IL | 10/03/2018 | 10/10/2018 | No | 10/10/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.04 | Property | Walgreens - Lawrenceville, GA | 07/20/2018 | 07/30/2018 | No | 04/05/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.05 | Property | Pick ‘n Save - Wisconsin Rapids, WI | 10/01/2018 | 10/11/2018 | No | 10/09/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.06 | Property | Tractor Supply - Albuquerque, NM | 10/03/2018 | 07/27/2018 | No | 09/17/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.07 | Property | Walgreens - Sheboygan, WI | 10/01/2018 | 8/10/2018 | No | 08/10/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.08 | Property | Walgreens - Oswego, IL | 10/03/2018 | 09/26/2018 | No | 09/25/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.09 | Property | Walgreens - Waco, TX | 10/03/2018 | 10/09/2018 | No | 10/10/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.10 | Property | Tractor Supply - Antioch, IL | 09/29/2018 | 10/05/2018 | No | 10/05/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.11 | Property | Walgreens - Austin, TX | 10/03/2018 | 09/24/2018 | No | 09/24/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.12 | Property | Walgreens - Flower Mound, TX | 10/03/2018 | 08/10/2018 | No | 08/10/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.13 | Property | Tractor Supply - Columbia Station, OH | 10/01/2018 | 09/25/2018 | No | 09/24/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.14 | Property | Fresenius Medical Care - Brownsville, TX | 10/04/2018 | 10/10/2018 | No | 10/10/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.15 | Property | CVS Pharmacy - Peoria Heights, IL | 10/03/2018 | 10/09/2018 | No | 10/10/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.16 | Property | Advance Auto Parts - Grayslake, IL | 09/29/2018 | 10/11/2018 | No | 10/11/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.17 | Property | Dollar General - Lancaster, PA | 10/05/2018 | 07/16/2018 | No | 07/12/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.18 | Property | Sherwin Williams - Painesville, OH | 10/03/2018 | 10/09/2018 | No | 10/10/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.19 | Property | Dollar General - Herminie, PA | 10/01/2018 | 09/14/2018 | No | 09/14/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.20 | Property | Dollar General - Tallahassee, FL | 10/03/2018 | 10/09/2018 | No | 10/09/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.21 | Property | Dollar General - Gibsonia, PA | 10/01/2018 | 09/14/2018 | No | 09/14/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.22 | Property | Dollar General - Mansfield, OH | 07/02/2018 | 04/11/2018 | No | 07/05/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.23 | Property | Advance Auto Parts - McDonough, GA | 10/01/2018 | 10/09/2018 | No | 10/09/2018 | NAP | NAP | NAP | 62.0% | |||||||||
7.24 | Property | Dollar Tree - Cleveland, OH | 10/03/2018 | 08/10/2018 | No | 08/10/2018 | NAP | NAP | NAP | 62.0% | |||||||||
8 | (21) | Loan | 2 North 6th Place | 4.1% | 5/7/2018 | 5/22/2018 | No | 5/22/2018 | NAP | NAP | NAP | No | NAP | $160,600,000 | $219,400,000 | 71.7% | |||
9 | (21) | Loan | Saint Louis Galleria | 4.0% | 09/24/2018 | 08/29/2018 | No | 08/28/2018 | NAP | NAP | NAP | No | NAP | $240,000,000 | NAP | 51.5% | |||
10 | Loan | Courtyard San Antonio Riverwalk | 3.4% | 11/20/2018 | 11/26/2018 | No | 11/21/2018 | NAP | NAP | NAP | No | NAP | NAP | NAP | 58.0% | ||||
11 | Loan | Georgetown Squared & Seattle Design Center | 3.1% | 6/26/2018 | 7/18/2018 | No | 7/18/2018 | 3 | 7/18/2018 | 11.0% | No | NAP | $91,000,000 | NAP | 69.8% | ||||
12 | (21) | Loan | Temperance Industrial | 3.1% | 5/4/2018 | 5/22/2018 | No | 5/18/2018 | NAP | NAP | NAP | No | NAP | NAP | NAP | 64.8% | |||
13 | Loan | Continental Towers | 3.0% | 7/15/2018 | 4/10/2018 | No | 4/24/2018 | NAP | NAP | NAP | Yes | Mezzanine: Combined Max LTV 65.0%, Debt Yield>11.75%, Rating Agency Confirmation, Intercreditor agreement | $84,500,000 | NAP | 69.4% | ||||
14 | Loan | Culver City Medical | 3.0% | 10/25/2018 | 11/2/2018 | No | 11/2/2018 | 4 | 11/2/2018 | 16.0% | No | NAP | NAP | NAP | 60.2% | ||||
15 | Loan | Nebraska Crossing | 2.8% | 05/18/2018 | 06/01/2018 | No | 06/01/2018 | NAP | NAP | NAP | No | NAP | $71,500,000 | NAP | 47.7% | ||||
16 | Loan | Desert Marketplace | 2.8% | 7/20/2018 | 7/25/2018 | No | 7/27/2018 | NAP | NAP | NAP | No | NAP | $33,000,000 | NAP | 66.3% | ||||
17 | Loan | One Lincoln Center | 2.7% | 11/20/2018 | 6/6/2018 | No | 6/6/2018 | NAP | NAP | NAP | No | NAP | NAP | NAP | 73.4% | ||||
18 | Loan | WHG Portfolio | 2.5% | Various | Various | No | 6/29/2018 | NAP | NAP | NAP | No | NAP | NAP | NAP | 53.8% | ||||
18.01 | Property | HomeTowne Studios - Casselberry, FL | 4/2/2018 | 4/9/2018 | No | 6/29/2018 | NAP | NAP | NAP | 53.8% | |||||||||
18.02 | Property | HomeTowne Studios - Delegates, FL | 4/2/2018 | 4/9/2018 | No | 6/29/2018 | NAP | NAP | NAP | 53.8% | |||||||||
18.03 | Property | HomeTowne Studios - Concord, NC | 4/4/2018 | 4/10/2018 | No | 6/29/2018 | NAP | NAP | NAP | 53.8% | |||||||||
18.04 | Property | HomeTowne Studios - Chamblee, GA | 4/4/2018 | 4/10/2018 | No | 6/29/2018 | NAP | NAP | NAP | 53.8% | |||||||||
18.05 | Property | HomeTowne Studios - Columbus, OH | 4/6/2018 | 4/10/2018 | No | 6/29/2018 | NAP | NAP | NAP | 53.8% | |||||||||
19 | (21) | Loan | Country Club Corners | 2.5% | 9/17/2018 | 9/27/2018 | No | 9/27/2018 | NAP | NAP | NAP | No | NAP | NAP | NAP | 71.2% | |||
20 | Loan | Route 66 Promenade | 2.2% | 7/10/2018 | 7/23/2018 | No | 7/23/2018 | 4 | 7/23/2018 | 16.0% | No | NAP | NAP | NAP | 64.0% | ||||
21 | Loan | Mesa Royale Senior Apartments | 1.9% | 11/16/2017 | 11/22/2017 | No | 11/22/2017 | NAP | NAP | NAP | No | NAP | NAP | NAP | 71.6% | ||||
22 | Loan | Town Point Center | 1.8% | 10/2/2018 | 10/11/2018 | No | 10/11/2018 | NAP | NAP | NAP | No | NAP | NAP | NAP | 73.2% | ||||
23 | Loan | Brooklyn Multifamily Portfolio | 1.7% | Various | Various | No | Various | NAP | NAP | NAP | No | NAP | NAP | NAP | 70.5% | ||||
23.01 | Property | 555-557 Union Street | 11/30/2018 | 9/28/2018 | No | 9/28/2018 | NAP | NAP | NAP | 70.5% | |||||||||
23.02 | Property | 141 Troutman Street | 11/30/2018 | 12/12/2018 | No | 10/26/2018 | NAP | NAP | NAP | 70.5% | |||||||||
23.03 | Property | 243 Suydam Street | 12/31/2018 | 12/12/2018 | No | 9/27/2018 | NAP | NAP | NAP | 70.5% | |||||||||
24 | Loan | Homewood Suites by Hilton Concord Charlotte | 1.7% | 12/1/2018 | 12/3/2018 | No | 12/3/2018 | NAP | NAP | NAP | No | NAP | NAP | NAP | 62.1% | ||||
25 | Loan | Hampton Inn & Suites Fayetteville | 1.4% | 6/29/2018 | 8/14/2018 | No | 8/14/2018 | NAP | NAP | NAP | No | NAP | NAP | NAP | 63.3% | ||||
26 | Loan | Prudential - Digital Realty Portfolio | 1.3% | Various | Various | No | Various | Various | Various | Various | No | NAP | $212,000,000 | NAP | 54.7% | ||||
26.01 | Property | 14901 FAA Boulevard | 7/13/2018 | 7/18/2018 | No | 7/18/2018 | NAP | NAP | NAP | 54.7% | |||||||||
26.02 | Property | 4650 Old Ironsides Drive | 7/6/2018 | 7/20/2018 | No | 7/24/2018 | 4 | 7/12/2018 | 12.0% | 54.7% | |||||||||
26.03 | Property | 43790 Devin Shafron Drive | 7/16/2018 | 7/17/2018 | No | 7/19/2018 | NAP | NAP | NAP | 54.7% | |||||||||
26.04 | Property | 636 Pierce Street | 7/12/2018 | 7/20/2018 | No | 7/25/2018 | NAP | NAP | NAP | 54.7% | |||||||||
26.05 | Property | 21551 Beaumeade Circle | 7/6/2018 | 7/17/2018 | No | 7/17/2018 | NAP | NAP | NAP | 54.7% | |||||||||
26.06 | Property | 7505 Mason King Court | 7/10/2018 | 7/17/2018 | No | 7/20/2018 | NAP | NAP | NAP | 54.7% | |||||||||
26.07 | Property | 4700 Old Ironsides Drive | 7/6/2018 | 7/23/2018 | No | 7/25/2018 | 4 | 7/12/2018 | 12.0% | 54.7% | |||||||||
26.08 | Property | 444 Toyama Drive | 7/6/2018 | 7/24/2018 | No | 7/24/2018 | 4 | 7/12/2018 | 12.0% | 54.7% | |||||||||
27 | Loan | Hampton Inn & Suites Walterboro | 1.3% | 6/28/2018 | 8/15/2018 | No | 8/14/2018 | NAP | NAP | NAP | No | NAP | NAP | NAP | 63.8% | ||||
28 | Loan | Jewel Osco & State Road Plaza | 1.1% | 8/13/2018 | 3/28/2018; 7/24/2018 | No | 5/23/2018 | NAP | NAP | NAP | No | NAP | NAP | NAP | 61.7% | ||||
29 | Loan | Diehl Point at Cantera | 1.0% | 12/20/2018 | 12/19/2018 | No | 12/19/2018 | NAP | NAP | NAP | No | NAP | NAP | NAP | 64.5% | ||||
30 | Loan | Staybridge Suites Fort Worth | 0.9% | 11/19/2018 | 11/28/2018 | No | 12/10/2018 | NAP | NAP | NAP | No | NAP | NAP | NAP | 66.1% | ||||
31 | Loan | El Camino Drive | 0.9% | 10/13/2017 | 10/30/2017 | No | 10/30/2017 | 4 | 10/30/2017 | 12.0% | No | NAP | NAP | NAP | 51.8% | ||||
32 | Loan | Shops at College Claremont | 0.8% | 8/8/2018 | 10/15/2018 | No | 10/3/2018 | 4 | 10/3/2018 | 10.0% | No | NAP | NAP | NAP | 60.2% | ||||
33 | Loan | R&R REIT Extended Stay | 0.7% | Various | 9/27/2018 | No | 9/27/2018 | NAP | NAP | NAP | No | NAP | NAP | NAP | 59.0% | ||||
33.01 | Property | HomeTowne Covington | 9/20/2018 | 9/27/2018 | No | 9/27/2018 | NAP | NAP | NAP | 59.0% | |||||||||
33.02 | Property | HomeTowne Bentonville | 9/19/2018 | 9/27/2018 | No | 9/27/2018 | NAP | NAP | NAP | 59.0% | |||||||||
34 | Loan | Charlotte Storage Portfolio | 0.5% | 6/29/2018 | Various | No | Various | NAP | NAP | NAP | No | NAP | NAP | NAP | 65.2% | ||||
34.01 | Property | Mooresville Storage | 6/29/2018 | 8/16/2018 | No | 7/25/2018 | NAP | NAP | NAP | 65.2% | |||||||||
34.02 | Property | Rock Hill Storage | 6/29/2018 | 8/27/2018; 8/16/2018 | No | 7/26/2018; 7/25/2018 | NAP | NAP | NAP | 65.2% | |||||||||
35 | Loan | Gold Country Center | 0.5% | 10/05/2018 | 11/09/2018 | No | 11/09/2018 | 3 | 11/09/2018 | 5.0% | No | NAP | NAP | NAP | 53.4% | ||||
36 | Loan | CVS - Greenfield, IN | 0.4% | 9/7/2017 | 9/18/2017 | No | 9/18/2017 | NAP | NAP | NAP | No | NAP | NAP | NAP | 68.3% |
A-1-9
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
TOTAL MORTGAGE DEBT INFORMATION | TOTAL DEBT INFORMATION | ||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | % of Initial Pool Balance | Total Mortgage Debt UW NCF DSCR | Total Mortgage Debt UW NOI Debt Yield | Cut-off Date Mezzanine Debt Balance | Total Debt Cut-off Date LTV Ratio | Total Debt UW NCF DSCR | Total Debt UW NOI Debt Yield | |
1 | Loan | Darden Headquarters | 9.6% | 1.67x | 8.1% | NAP | 69.9% | 1.67x | 8.1% | ||
2 | Loan | Embassy Suites Portland Washington Square | 6.8% | 1.53x | 11.5% | NAP | 67.9% | 1.53x | 11.5% | ||
3 | Loan | SITE JV Portfolio | 6.0% | 2.19x | 11.6% | NAP | 58.8% | 2.19x | 11.6% | ||
3.01 | Property | Ahwatukee Foothills Towne Center | 2.19x | 11.6% | 58.8% | 2.19x | 11.6% | ||||
3.02 | Property | Connecticut Commons | 2.19x | 11.6% | 58.8% | 2.19x | 11.6% | ||||
3.03 | Property | Independence Commons | 2.19x | 11.6% | 58.8% | 2.19x | 11.6% | ||||
3.04 | Property | Brookside Marketplace | 2.19x | 11.6% | 58.8% | 2.19x | 11.6% | ||||
3.05 | Property | University Centre | 2.19x | 11.6% | 58.8% | 2.19x | 11.6% | ||||
3.06 | Property | Towne Center Prado | 2.19x | 11.6% | 58.8% | 2.19x | 11.6% | ||||
3.07 | Property | Poyner Place | 2.19x | 11.6% | 58.8% | 2.19x | 11.6% | ||||
3.08 | Property | Route 22 Retail Center | 2.19x | 11.6% | 58.8% | 2.19x | 11.6% | ||||
3.09 | Property | Commonwealth Center | 2.19x | 11.6% | 58.8% | 2.19x | 11.6% | ||||
3.10 | Property | Ashley Crossing | 2.19x | 11.6% | 58.8% | 2.19x | 11.6% | ||||
4 | Loan | 787 Eleventh Avenue | 5.4% | 1.17x | 6.2% | NAP | 63.1% | 1.17x | 6.2% | ||
5 | Loan | Causeway Square | 5.4% | 1.29x | 8.8% | $1,500,000 | 67.5% | 1.22x | 8.6% | ||
6 | Loan | Bernardus Lodge & Spa | 5.2% | 1.72x | 13.7% | NAP | 54.4% | 1.72x | 13.7% | ||
7 | Loan | ExchangeRight Net Leased Portfolio 24 | 4.2% | 2.04x | 9.5% | NAP | 62.0% | 2.04x | 9.5% | ||
7.01 | Property | BioLife Plasma Services L.P. - West Des Moines, IA | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.02 | Property | BioLife Plasma Services L.P. - Mt. Juliet, TN | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.03 | Property | Walgreens - Romeoville, IL | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.04 | Property | Walgreens - Lawrenceville, GA | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.05 | Property | Pick ‘n Save - Wisconsin Rapids, WI | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.06 | Property | Tractor Supply - Albuquerque, NM | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.07 | Property | Walgreens - Sheboygan, WI | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.08 | Property | Walgreens - Oswego, IL | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.09 | Property | Walgreens - Waco, TX | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.10 | Property | Tractor Supply - Antioch, IL | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.11 | Property | Walgreens - Austin, TX | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.12 | Property | Walgreens - Flower Mound, TX | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.13 | Property | Tractor Supply - Columbia Station, OH | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.14 | Property | Fresenius Medical Care - Brownsville, TX | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.15 | Property | CVS Pharmacy - Peoria Heights, IL | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.16 | Property | Advance Auto Parts - Grayslake, IL | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.17 | Property | Dollar General - Lancaster, PA | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.18 | Property | Sherwin Williams - Painesville, OH | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.19 | Property | Dollar General - Herminie, PA | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.20 | Property | Dollar General - Tallahassee, FL | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.21 | Property | Dollar General - Gibsonia, PA | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.22 | Property | Dollar General - Mansfield, OH | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.23 | Property | Advance Auto Parts - McDonough, GA | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
7.24 | Property | Dollar Tree - Cleveland, OH | 2.04x | 9.5% | 62.0% | 2.04x | 9.5% | ||||
8 | (21) | Loan | 2 North 6th Place | 4.1% | 1.10x | 5.2% | NAP | 71.7% | 1.10x | 5.2% | |
9 | (21) | Loan | Saint Louis Galleria | 4.0% | 1.67x | 11.3% | $23,745,813 | 56.6% | 1.55x | 10.3% | |
10 | Loan | Courtyard San Antonio Riverwalk | 3.4% | 2.25x | 14.2% | NAP | 58.0% | 2.25x | 14.2% | ||
11 | Loan | Georgetown Squared & Seattle Design Center | 3.1% | 1.05x | 7.5% | NAP | 69.8% | 1.05x | 7.5% | ||
12 | (21) | Loan | Temperance Industrial | 3.1% | 1.40x | 10.8% | NAP | 64.8% | 1.40x | 10.8% | |
13 | Loan | Continental Towers | 3.0% | 2.34x | 13.1% | NAP | 69.4% | 2.34x | 13.1% | ||
14 | Loan | Culver City Medical | 3.0% | 1.94x | 9.3% | NAP | 60.2% | 1.94x | 9.3% | ||
15 | Loan | Nebraska Crossing | 2.8% | 1.82x | 12.7% | NAP | 47.7% | 1.82x | 12.7% | ||
16 | Loan | Desert Marketplace | 2.8% | 1.25x | 8.6% | $3,000,000 | 72.3% | 1.09x | 7.9% | ||
17 | Loan | One Lincoln Center | 2.7% | 1.27x | 10.2% | NAP | 73.4% | 1.27x | 10.2% | ||
18 | Loan | WHG Portfolio | 2.5% | 2.16x | 17.7% | NAP | 53.8% | 2.16x | 17.7% | ||
18.01 | Property | HomeTowne Studios - Casselberry, FL | 2.16x | 17.7% | 53.8% | 2.16x | 17.7% | ||||
18.02 | Property | HomeTowne Studios - Delegates, FL | 2.16x | 17.7% | 53.8% | 2.16x | 17.7% | ||||
18.03 | Property | HomeTowne Studios - Concord, NC | 2.16x | 17.7% | 53.8% | 2.16x | 17.7% | ||||
18.04 | Property | HomeTowne Studios - Chamblee, GA | 2.16x | 17.7% | 53.8% | 2.16x | 17.7% | ||||
18.05 | Property | HomeTowne Studios - Columbus, OH | 2.16x | 17.7% | 53.8% | 2.16x | 17.7% | ||||
19 | (21) | Loan | Country Club Corners | 2.5% | 1.24x | 8.3% | $1,000,000 | 74.7% | 1.15x | 7.9% | |
20 | Loan | Route 66 Promenade | 2.2% | 1.74x | 8.9% | NAP | 64.0% | 1.74x | 8.9% | ||
21 | Loan | Mesa Royale Senior Apartments | 1.9% | 1.24x | 8.0% | NAP | 71.6% | 1.24x | 8.0% | ||
22 | Loan | Town Point Center | 1.8% | 1.53x | 10.9% | NAP | 73.2% | 1.53x | 10.9% | ||
23 | Loan | Brooklyn Multifamily Portfolio | 1.7% | 1.33x | 7.6% | NAP | 70.5% | 1.33x | 7.6% | ||
23.01 | Property | 555-557 Union Street | 1.33x | 7.6% | 70.5% | 1.33x | 7.6% | ||||
23.02 | Property | 141 Troutman Street | 1.33x | 7.6% | 70.5% | 1.33x | 7.6% | ||||
23.03 | Property | 243 Suydam Street | 1.33x | 7.6% | 70.5% | 1.33x | 7.6% | ||||
24 | Loan | Homewood Suites by Hilton Concord Charlotte | 1.7% | 1.77x | 13.0% | NAP | 62.1% | 1.77x | 13.0% | ||
25 | Loan | Hampton Inn & Suites Fayetteville | 1.4% | 1.96x | 15.5% | NAP | 63.3% | 1.96x | 15.5% | ||
26 | Loan | Prudential - Digital Realty Portfolio | 1.3% | 2.50x | 11.9% | NAP | 54.7% | 2.50x | 11.9% | ||
26.01 | Property | 14901 FAA Boulevard | 2.50x | 11.9% | 54.7% | 2.50x | 11.9% | ||||
26.02 | Property | 4650 Old Ironsides Drive | 2.50x | 11.9% | 54.7% | 2.50x | 11.9% | ||||
26.03 | Property | 43790 Devin Shafron Drive | 2.50x | 11.9% | 54.7% | 2.50x | 11.9% | ||||
26.04 | Property | 636 Pierce Street | 2.50x | 11.9% | 54.7% | 2.50x | 11.9% | ||||
26.05 | Property | 21551 Beaumeade Circle | 2.50x | 11.9% | 54.7% | 2.50x | 11.9% | ||||
26.06 | Property | 7505 Mason King Court | 2.50x | 11.9% | 54.7% | 2.50x | 11.9% | ||||
26.07 | Property | 4700 Old Ironsides Drive | 2.50x | 11.9% | 54.7% | 2.50x | 11.9% | ||||
26.08 | Property | 444 Toyama Drive | 2.50x | 11.9% | 54.7% | 2.50x | 11.9% | ||||
27 | Loan | Hampton Inn & Suites Walterboro | 1.3% | 1.90x | 15.0% | NAP | 63.8% | 1.90x | 15.0% | ||
28 | Loan | Jewel Osco & State Road Plaza | 1.1% | 1.48x | 11.3% | NAP | 61.7% | 1.48x | 11.3% | ||
29 | Loan | Diehl Point at Cantera | 1.0% | 2.79x | 14.0% | NAP | 64.5% | 2.79x | 14.0% | ||
30 | Loan | Staybridge Suites Fort Worth | 0.9% | 1.71x | 13.3% | NAP | 66.1% | 1.71x | 13.3% | ||
31 | Loan | El Camino Drive | 0.9% | 1.96x | 9.1% | NAP | 51.8% | 1.96x | 9.1% | ||
32 | Loan | Shops at College Claremont | 0.8% | 1.64x | 8.6% | NAP | 60.2% | 1.64x | 8.6% | ||
33 | Loan | R&R REIT Extended Stay | 0.7% | 2.06x | 16.4% | NAP | 59.0% | 2.06x | 16.4% | ||
33.01 | Property | HomeTowne Covington | 2.06x | 16.4% | 59.0% | 2.06x | 16.4% | ||||
33.02 | Property | HomeTowne Bentonville | 2.06x | 16.4% | 59.0% | 2.06x | 16.4% | ||||
34 | Loan | Charlotte Storage Portfolio | 0.5% | 1.26x | 8.6% | NAP | 65.2% | 1.26x | 8.6% | ||
34.01 | Property | Mooresville Storage | 1.26x | 8.6% | 65.2% | 1.26x | 8.6% | ||||
34.02 | Property | Rock Hill Storage | 1.26x | 8.6% | 65.2% | 1.26x | 8.6% | ||||
35 | Loan | Gold Country Center | 0.5% | 3.05x | 16.1% | NAP | 53.4% | 3.05x | 16.1% | ||
36 | Loan | CVS - Greenfield, IN | 0.4% | 1.25x | 8.1% | NAP | 68.3% | 1.25x | 8.1% |
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CSAIL 2019-C15 |
FOOTNOTES TO ANNEX A-1 |
(1) | “Column” denotes Column Financial, Inc., “3650 REIT” denotes Grass River Real Estate Credit Partners Loan Funding, LLC, “SGFC” denotes Societe Generale Financial Corporation and “BSPRT” denotes BSPRT CMBS Finance, LLC. |
(2) | With respect to any Mortgaged Property securing a multi property Mortgage Loan, the amounts listed under the headings Original Balance, Cut-off Date Balance and Maturity/ARD Balance reflect the allocated loan amount related to such Mortgaged Property. |
Loan No. 34, Charlotte Storage Portfolio - The mortgage loan documents do not contain provisions permitting the release of individual mortgaged properties, and therefore no allocated loan amounts were established for such mortgaged properties. | |
(3) | Loan Nos. 1, 3, 4, 7, 8, 9, 11, 13, 15, 16 and 26, such mortgage loans are each part of a related whole loan related to the Issuing Entity. For further information, see “Description of the Mortgage Pool-The Whole Loans-The Serviced Pari Passu Whole Loans”, “-The Non-Serviced Pari Passu Whole Loans”, and “Pooling and Servicing Agreement-Servicing of the Non-Serviced Mortgage Loans”, as applicable, in the prospectus. |
(4) | Loan No. 14, Culver City Medical - The property is subject to a Declaration of Covenants, Conditions and Restrictions dated August 9, 2006, which declaration generally (i) provides Southern California Hospital at Culver City (the “Hospital”) with a right of first refusal to lease vacant space at such mortgaged property and (ii) limits the use of such mortgaged property to a restricted range of permitted uses. Within the range of permitted uses are certain services (such as outpatient surgery, physical therapy or urgent care) that are reserved exclusively for the Hospital and excluded as permissible uses within the property without the Hospital’s consent. If the Hospital (i) rejects any proposed lease subject to the CC&R and such space continues to remain vacant for 90 days or (ii) declares a breach alleging that the borrower has executed a lease in violation of the CC&R, then an affiliate of the borrower will be required to enter into one or more master lease agreements with the borrower for which the rental obligations will be guaranteed by the borrower sponsor in accordance with the loan documents. |
(5) | Loan No. 3, SITE JV Portfolio - twelve tenants totaling 146,442 SF (4.6% of NRA) own their respective improvements and are subject to ground leases. |
(6) | Loan No. 3, SITE JV Portfolio - According to the sponsor, as of the Cut-off Date, the top five tenants at each of the properties are in place and paying rent with the exception of (i) Petco at Route 22 Retail Center (14,000 SF and $357,000 UW Base Rent) which vacated the property in December 2018 but continues to pay rent according to the terms of the lease, which expires in October 2019 and (ii) Petco at Towne Center Prado (15,000 SF and $261,150 UW Base Rent), which is currently paying rent month-to-month. |
Loan No. 4, 787 Eleventh Avenue - The second largest tenant at the property, Nissan, has possession of its space and has begun portions of its fit-out work; however, Nissan has not yet opened for operations due to ongoing litigation with two dealership plaintiffs that previously sub-leased the premises from Nissan. Nissan took possession of its space in 2015 and has continued to pay rent. The third largest tenant at the property, Regus, has possession of its space and is paying rent but has not yet taken occupancy. Regus is anticipated to take occupancy in 2019. The fourth largest tenant at the property, Pershing Square, has possession of its space and is paying rent. Pershing Square is anticipated to take occupancy in 2019. | |
Loan No. 5, Causeway Square - The borrower was required to reserve $221,033 for free or abated rent associated with 6 tenants, all of which have executed leases with certain rent commencement dates. | |
Loan No. 11, Georgetown Squared & Seattle Design Center - The borrower reserved $194,088 for the following free or abated rent periods: (i) Darigold Inc. has abated rent for the months of October 2018 through and including March 2019 and (ii) JAG SDC LLC is in the process of building out its space; it is expected to take occupancy and begin paying rent as early as April 2019. | |
Loan No. 13, Continental Towers - The borrower reserved $938,407 for free or abated rent associated with 6 tenants, none of which are top 10 tenants. | |
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Loan No. 19, Country Club Corners - All tenants have taken possession of their space and have executed leases with rent certain start dates. The lender escrowed monthly rent installments to be released on a monthly basis prior to each tenant’s set rent commencement date. | |
Loan No. 29, Diehl Point at Cantera - The second largest tenant, Compass Mortgage, exercised its option under the lease to expand its 21,090 SF existing premises by 7,300 SF. The tenant’s build out of the expansion space is nearing completion and rent commences on March 1, 2019. The expansion space was underwritten as occupied, and a rent bridge credit was escrowed at origination. | |
(7) | Loan No. 4, 787 Eleventh Avenue - The whole loan was underwritten based on an appraised value for the property of $650,000,000, which is the “prospective market value as-is” as of December 2, 2018. The appraised value is subject to certain extraordinary assumptions, including the establishment of certain reserves (each of which was collected at loan closing), the related borrower’s ICAP application being accepted and the property benefiting from tax savings in an amount valued at $31,200,000 on a present value basis, resulting in a Cut-Off Date LTV Ratio of 26.9%. |
Loan No. 8, 2 North 6th Place - According to the appraisal, the property is expected to stabilize in June 2019 with a 3.0% residential vacancy resulting in an “as-stabilized” value of $600,000,000, which would result in a Cut-Off Date LTV Ratio of 26.8%. | |
Loan No. 23, Brooklyn Multifamily Portfolio - The appraised value of the 243 Suydam Street presented is an “as-stabilized” value provided by the appraiser with a stabilization date of December 31, 2018 as the property was 100% leased up by the as stabilized date. The “as- is” appraised value is $4,550,000, which would result in a Cut-off Date LTV of 70.7% . | |
(8) | For each mortgage loan, the excess of the related Interest Rate % over the related Servicing Fee Rate, the Trustee/Certificate Administrator Fee Rate, the Operating Advisor Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate (collectively, the “Admin Fee %”). |
(9) | The classification of the lockbox types is described in the Free Writing Prospectus. See “Description of the Mortgage Pool - Lockbox Accounts” for further details. |
(10) | The UW NOI DSCR and UW NCF DSCR for all partial interest-only mortgage loans were calculated based on the first principal and interest payment after the interest-only period during the term of the mortgage loan. |
(11) | The “L” component of the prepayment provision represents lockout payments |
The “Def” component of the prepayment provision represents defeasance payment | |
The “YM1” component of the prepayment provision represents greater of 1% of principal balance or yield maintenance payments. | |
The “O” component of the prepayment provision represents the free payments including the Maturity Date | |
(12) | With respect to Mortgage Loan Nos. 3, 4, 9, 18, 23, 26 and 33, the related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, or other release conditions in connection with a partial defeasance or prepayment of the related mortgage loan. See “Description of the Mortgage Pool-Certain Terms of the Mortgage Loans-Defeasance” and “-Releases; Partial Releases” in the prospectus. |
(13) | With respect to Mortgage Loan Nos. 4, 7, 8, 12, 14, 23, 24, 25, 27, 30 and 36, such mortgaged properties (i) were constructed or the subject of a major renovation that was completed within 12 calendar months prior to the cut-off date and, therefore, the related mortgaged property has no or limited prior operating history, (ii) have a borrower or an affiliate under the related mortgage loan that acquired the related mortgaged property within 12 calendar months prior to the cut-off date and such borrower or affiliate was unable to provide the related mortgage loan seller with historical financial information for such acquired mortgaged property and/or (iii) are single tenant properties subject to triple-net leases with the related tenant where the related borrower did not provide the related mortgage loan seller with historical financial information for the related mortgaged property. |
(14) | With regards to the footnotes hereto, no footnotes have been provided with respect to tenants that are not among the five largest tenants by square footage for any Mortgaged Property. |
(15) | Loan No. 16, Desert Marketplace - The second largest tenant at the property, TJ Maxx / HomeGoods, has options to terminate its lease upon 30 days’ notice if certain competing or prohibited use continues at such mortgaged property for 180 consecutive days. The fifth largest tenant, Walgreens, has options to terminate its |
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lease on June 30, 2033, June 30, 2038, June 30, 2043, June 30, 2048 and June 30, 2053, in each case with nine months’ notice. | |
Loan No. 17, One Lincoln Center - The second largest tenant at the property, Arcadis, has the option to terminate its lease effective May 31, 2022 or May 31, 2024, subject to one year’s prior written notice and the payment of a termination fee. The fifth largest tenant at the property, Grossman St. Armour CPA, has the option to terminate its lease effective August 31, 2022 or August 31, 2024, subject to 270 days’ prior written notice and the payment of a termination fee equal to $194,596 or $152,440, respectively. | |
Loan No. 26 Prudential - Digital Realty Portfolio - The sole tenant at the 7505 Mason King Court property has a one-time right to terminate its lease effective on December 31, 2020, with nine months’ prior written notice and payment of a termination fee equal to unamortized tenant improvement costs and leasing commissions. | |
Loan No. 29, Diehl Point at Cantera - The following tenants have termination options: (i) First American Title has the right at any time on or before May 1, 2023 to terminate its lease effective May 1, 2024, subject to payment of a termination fee equal to $1,131,718, (ii) First American Title has the right to contract its demised premises by 4,749 SF, effective May 1, 2024, by delivering written notice on or before May 1, 2023 and subject to paying of a contraction fee of $113,040 and (iii) Compass Mortgage has the right at any time during the 30 days preceding December 31, 2024 to terminate its lease effective December 31, 2025, subject to payment of a termination fee equal to $708,819. | |
(16) | Represents the upfront and monthly amounts required to be deposited by the borrower. The monthly collected amounts may be increased or decreased pursuant to the terms of the related mortgage loan documents. In certain cases, reserves with $0 balances are springing and are collected in the event of certain conditions being triggered in the respective mortgage loan documents. In certain other cases, all excess cash flow will be swept into reserve accounts in the event of certain conditions being triggered in the respective mortgage loan documents. |
(17) | Represents the amount deposited by the borrower at origination. All or a portion of this amount may have been released pursuant to the terms of the related loan documents. |
(18) | Represents a cap on the amount required to be deposited by the borrower pursuant to the related mortgage loan documents. In certain cases, during the term of the mortgage loan, the caps may be altered or terminated subject to conditions of the respective mortgage loan documents. |
(19) | Loan No. 11, Georgetown Squared & Seattle Design Center - The borrowers deposited $17.0 million at origination to an earnout reserve, which will be disbursed to the borrower upon request subject to (i) the property achieving an 8.0% net cash flow debt yield (based on the whole loan amount of $91.0 million less the remaining balance of the earnout reserve after giving effect to the requested earnout reserve draw), (ii) no event of default exists and (iii) no cash sweep period is continuing. The borrower may request disbursement during the first nine years of the loan term but not more than twice in any calendar month and not in amounts less than $2.0 million. Any undisbursed amounts remaining in the earnout reserve on May 6, 2028 shall be applied to the debt on such date (which such date is the beginning of the open prepayment period). The implied net cash flow DSCR at the release(s) is 1.56x on an interest only basis and 1.23x on an amortizing basis. The Cut-off Date LTV Ratio, Maturity Date LTV Ratio, UW NOI Debt Yield and UW NCF Debt Yield, based on the Georgetown Squared & Seattle Design Center Whole Loan net of the $17.0 million earnout reserve are 56.8%, 48.9%, 9.2% and 8.4%, respectively. |
(20) | Loan No. 1, Darden Headquarters - In lieu of the guarantor or borrower providing an environmental indemnity, the lender obtained a lender environmental pollution liability insurance policy with $3,000,000 aggregate limit of liability, with a 13 year term (3 years past the stated loan term) and a $50,000 deductible. The Phase I environmental site assessment obtained at loan origination did not identify any recognized environmental conditions. |
Loan No. 4, 787 Eleventh Avenue - The borrower (but not the guarantor) has provided recourse indemnities that would cover environmental cleanup costs and liabilities for the property. The property is covered by an environmental insurance policy for the term of the loan plus an additional three-year tail. | |
Loan No. 20, Route 66 Promenade - The related Phase I environmental site assessment identified RECs at the property in connection with an active dry cleaning facility and related soil and groundwater contamination, as well as multiple leaking underground storage tanks. At origination of the mortgage loan, environmental |
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insurance was obtained with Zurich Insurance Group with a $5,000,000 limit. The full policy premium was paid in full through the loan term. The insurance was obtained in lieu of the Phase II environmental site assessment. | |
Loan No. 23, Brooklyn Multifamily Portfolio - With respect to the 555-557 Union Street property, at origination, environmental insurance was obtained with Great American Insurance Group with a $1,000,000 limit paid in full through the loan term. The environmental insurance was obtained in lieu of a Phase II. | |
(21) | Loan No. 8, 2 North 6th Place - The property has the benefit of a 421-a tax abatement resulting from the construction of 347 affordable housing units on an adjacent, non-collateral development. Under the 421-a tax exemption, taxes are based on the property’s pre-construction assessment. The property’s increase in assessed value is 100% exempt for 21 years, with taxes phasing in at 20% increments annually during the 22nd through 25th years. |
Loan No. 9, Saint Louis Galleria - The whole loan amortizes based on a non-standard amortization schedule which assumes an original amortization of 360 months as set forth on Annex F to the preliminary prospectus. The UW NOI DSCR (P&I), UW NCF DSCR (P&I), Total Mortgage Debt UW NOI DSCR, Total Mortgage Debt UW NCF DSCR and Total Debt UW NCF DSCR are calculated based on the aggregate of the twelve debt service payments commencing December 1, 2023. | |
Loan No. 9, Saint Louis Galleria - The borrower may, in its sole discretion, obtain an expansion parcel (which expressly includes any anchor premises or any part thereof) (an “Acquired Expansion Parcel”) acquired in accordance with the terms and conditions in the loan documents; provided that, among other conditions, the borrower (i) provides at least 20 days’ prior written notice, (ii) pays the lender a fee in the amount of $10,000, along with any reasonable out-of-pocket expenses incurred by the lender, and (iii) delivers a satisfactory environmental report relating to the Acquired Expansion Parcel. In the event that the borrower obtains an Acquired Expansion Parcel, such Acquired Expansion Parcel will also become collateral for the whole loan. | |
Loan No. 9 - Saint Louis Galleria - The late payment charge of five percent (5%) of such unpaid sum is waived for the first 3 late payments provided the borrower commences timely payments of interest at the default rate. | |
Loan No. 12, Temperance Industrial - The mortgage loan provides for (i) monthly principal and interest payments up to and including the payment occurring in December 2025 and (ii) interest only payments thereafter until maturity. | |
Loan No. 19, Country Club Corners - The mortgage loan amortizes based on a non-standard amortization which assumes an original amortization of 360 months and a fluctuating interest rate schedule as set forth in Annex G to the prospectus. The UW NOI DSCR (P&I), UW NCF DSCR (P&I), Total Mortgage Debt UW NOI DSCR, Total Mortgage Debt UW NCF DSCR and Total Debt UW NCF DSCR are calculated based on the average of the sum of first 12 principal and interest payments after expiration of the interest-only period (periods 37 to 48). |
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