FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-227081-02 | ||
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 The information will be superseded by similar information delivered to you as part of the offering document relating to the Commercial Mortgage Pass-Through Certificates, Series CSAIL 2019-C16 (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. |
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 Seller(1) | Mortgage Loan Originator | Original Balance(2) | Cut-off Date Balance(2)(3) | Maturity/ARD Balance(2) | Cut-off Date Balance per SF/ Units/Rooms | Loan Purpose |
1 | Loan | 3 Columbus Circle | 6.3% | Column | JPMorgan Chase Bank, National Association | $50,000,000 | $50,000,000 | $50,000,000 | $650.11 | Refinance | |
2 | Loan | GNL Industrial Portfolio | 6.2% | Column | Column Financial, Inc.; Societe Generale Financial Corporation | $48,750,000 | $48,750,000 | $48,750,000 | $39.91 | Recapitalization | |
2.01 | Property | FedEx Ground Package System - San Antonio | $8,600,000 | $8,600,000 | $8,600,000 | $39.91 | |||||
2.02 | Property | Rubbermaid - Akron | $8,000,000 | $8,000,000 | $8,000,000 | $39.91 | |||||
2.03 | Property | Bush Industries - Jamestown | $6,300,000 | $6,300,000 | $6,300,000 | $39.91 | |||||
2.04 | Property | Chemours - Pass Christian | $5,650,000 | $5,650,000 | $5,650,000 | $39.91 | |||||
2.05 | Property | Wolverine World Wide - Howard City | $5,400,000 | $5,400,000 | $5,400,000 | $39.91 | |||||
2.06 | Property | FedEx Freight - Greenville | $3,750,000 | $3,750,000 | $3,750,000 | $39.91 | |||||
2.07 | Property | Diebold Nixdorf - North Canton | $2,650,000 | $2,650,000 | $2,650,000 | $39.91 | |||||
2.08 | Property | FedEx Freight - Blackfoot | $2,250,000 | $2,250,000 | $2,250,000 | $39.91 | |||||
2.09 | Property | Mapes & Sprowl Steel - Elk Grove Village | $1,750,000 | $1,750,000 | $1,750,000 | $39.91 | |||||
2.10 | Property | XPO Logistics - Grand Rapids | $1,050,000 | $1,050,000 | $1,050,000 | $39.91 | |||||
2.11 | Property | XPO Logistics - Aurora | $800,000 | $800,000 | $800,000 | $39.91 | |||||
2.12 | Property | XPO Logistics - Salina | $800,000 | $800,000 | $800,000 | $39.91 | |||||
2.13 | Property | XPO Logistics - Riverton | $500,000 | $500,000 | $500,000 | $39.91 | |||||
2.14 | Property | XPO Logistics - Waite Park | $500,000 | $500,000 | $500,000 | $39.91 | |||||
2.15 | Property | XPO Logistics - Uhrichsville | $450,000 | $450,000 | $450,000 | $39.91 | |||||
2.16 | Property | XPO Logistics - Vincennes | $300,000 | $300,000 | $300,000 | $39.91 | |||||
3 | Loan | Embassy Suites Seattle Bellevue | 5.3% | Column | Column Financial, Inc. | $41,500,000 | $41,500,000 | $38,488,964 | $172,916.67 | Acquisition | |
4 | Loan | SWVP Portfolio | 5.1% | SGFC | Societe Generale Financial Corporation; JPMorgan Chase Bank, National Association | $40,000,000 | $40,000,000 | $40,000,000 | $167,785.23 | Refinance | |
4.01 | Property | InterContinental | $21,260,000 | $21,260,000 | $21,260,000 | $167,785.23 | |||||
4.02 | Property | DoubleTree Sunrise | $7,400,000 | $7,400,000 | $7,400,000 | $167,785.23 | |||||
4.03 | Property | DoubleTree Charlotte | $6,000,000 | $6,000,000 | $6,000,000 | $167,785.23 | |||||
4.04 | Property | DoubleTree RTP | $5,340,000 | $5,340,000 | $5,340,000 | $167,785.23 | |||||
5 | Loan | Hilton Baltimore BWI Airport | 5.0% | Column | Column Financial, Inc. | $39,500,000 | $39,418,489 | $32,951,887 | $140,780.32 | Refinance | |
6 | Loan | Santa Fe Portfolio | 4.5% | LCF | Ladder Capital Finance LLC | $36,000,000 | $35,743,845 | $30,289,369 | $163.92 | Acquisition/Refinance | |
6.01 | Property | The Peters Project | $11,150,000 | $11,070,663 | $9,381,291 | $163.92 | |||||
6.02 | Property | Plaza Mercado | $8,550,000 | $8,489,163 | $7,193,725 | $163.92 | |||||
6.03 | Property | Century Plaza | $5,200,000 | $5,163,000 | $4,375,131 | $163.92 | |||||
6.04 | Property | Peters Corp. HQ | $1,975,000 | $1,960,947 | $1,661,708 | $163.92 | |||||
6.05 | Property | Santa Fe Properties | $1,950,000 | $1,936,125 | $1,640,674 | $163.92 | |||||
6.06 | Property | Springer Plaza | $1,900,000 | $1,886,481 | $1,598,606 | $163.92 | |||||
6.07 | Property | 132 E. Marcy | $1,800,000 | $1,787,192 | $1,514,468 | $163.92 | |||||
6.08 | Property | Bendelier House | $1,200,000 | $1,191,462 | $1,009,646 | $163.92 | |||||
6.09 | Property | 216 Washington | $975,000 | $968,062 | $820,337 | $163.92 | |||||
6.10 | Property | El Mercado Viejo | $660,000 | $655,304 | $555,305 | $163.92 | |||||
6.11 | Property | 417-419 Orchard | $640,000 | $635,446 | $538,478 | $163.92 | |||||
7 | Loan | ExchangeRight Net Leased Portfolio 26 | 4.4% | SGFC | Societe Generale Financial Corporation | $35,000,000 | $35,000,000 | $35,000,000 | $136.29 | Acquisition | |
7.01 | Property | Hy-Vee - Oakdale (10th Street), MN | $7,263,456 | $7,263,456 | $7,263,456 | $136.29 | |||||
7.02 | Property | Pick n Save - Wausau (Bridge), WI | $4,711,636 | $4,711,636 | $4,711,636 | $136.29 | |||||
7.03 | Property | Tractor Supply - Conroe (Hwy 242), TX | $2,980,091 | $2,980,091 | $2,980,091 | $136.29 | |||||
7.04 | Property | Walgreens - Chalmette (West Judge Perez), LA | $2,607,182 | $2,607,182 | $2,607,182 | $136.29 | |||||
7.05 | Property | Tractor Supply - Santa Fe (FM 1764), TX | $2,080,909 | $2,080,909 | $2,080,909 | $136.29 | |||||
7.06 | Property | Tractor Supply - Odessa (Interstate 20), TX | $2,053,545 | $2,053,545 | $2,053,545 | $136.29 | |||||
7.07 | Property | Walgreens - Cincinnati (Bridgetown), OH | $1,855,000 | $1,855,000 | $1,855,000 | $136.29 | |||||
7.08 | Property | Walgreens - Lafayette (Creasy Lane), IN | $1,786,273 | $1,786,273 | $1,786,273 | $136.29 | |||||
7.09 | Property | Walgreens - McDonough (Hwy 81), GA | $1,727,727 | $1,727,727 | $1,727,727 | $136.29 | |||||
7.10 | Property | CVS - Fayetteville, GA | $1,344,636 | $1,344,636 | $1,344,636 | $136.29 | |||||
7.11 | Property | Tractor Supply - Conyers (Highway 20), GA | $1,319,182 | $1,319,182 | $1,319,182 | $136.29 | |||||
7.12 | Property | Walgreens - Milwaukee (Howell), WI | $989,545 | $989,545 | $989,545 | $136.29 | |||||
7.13 | Property | Advance Auto Parts - Midlothian, VA | $754,091 | $754,091 | $754,091 | $136.29 | |||||
7.14 | Property | AutoZone - Merrillville (Colorado), IN | $726,091 | $726,091 | $726,091 | $136.29 | |||||
7.15 | Property | Dollar General - Uniontown (Cleveland), OH | $649,727 | $649,727 | $649,727 | $136.29 | |||||
7.16 | Property | Dollar General - Cleveland (Dalton), TN | $588,636 | $588,636 | $588,636 | $136.29 | |||||
7.17 | Property | Dollar General - Edinburg (Hwy 107), TX | $533,909 | $533,909 | $533,909 | $136.29 | |||||
7.18 | Property | Dollar General - Alton (West Main), TX | $518,000 | $518,000 | $518,000 | $136.29 | |||||
7.19 | Property | Dollar General - Clarksville (Ash Ridge), TN | $510,364 | $510,364 | $510,364 | $136.29 | |||||
8 | Loan | The Box House Hotel | 3.9% | LCF | Ladder Capital Finance LLC | $31,000,000 | $31,000,000 | $25,820,042 | $246,031.75 | Refinance | |
9 | Loan | 787 Eleventh Avenue | 3.8% | SGFC | Societe Generale Financial Corporation | $30,000,000 | $30,000,000 | $30,000,000 | $340.71 | Refinance | |
10 | Loan | Darden Headquarters | 3.8% | Column | Column Financial, Inc. | $30,000,000 | $30,000,000 | $30,000,000 | $209.52 | Refinance | |
11 | Loan | Great Wolf Lodge Southern California | 3.8% | Column | Wells Fargo Bank, National Association | $30,000,000 | $30,000,000 | $30,000,000 | $248,756.22 | Refinance | |
12 | Loan | Ambassador Crossing | 3.3% | Column | Column Financial, Inc. | $26,000,000 | $26,000,000 | $23,924,101 | $210.69 | Refinance | |
13 | Loan | 167 Graham Avenue | 3.3% | SMC | Starwood Mortgage Capital LLC | $25,700,000 | $25,700,000 | $25,700,000 | $458,928.57 | Refinance | |
14 | Loan | Cardenas Market Center | 2.3% | SMC | Starwood Mortgage Capital LLC | $18,500,000 | $18,500,000 | $18,500,000 | $275.59 | Refinance | |
15 | Loan | 12-18 Meserole | 2.2% | SMC | Starwood Mortgage Capital LLC | $17,600,000 | $17,600,000 | $17,600,000 | $628,571.43 | Refinance |
A-1-1
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 Seller(1) | Mortgage Loan Originator | Original Balance(2) | Cut-off Date Balance(2)(3) | Maturity/ARD Balance(2) | Cut-off Date Balance per SF/ Units/Rooms | Loan Purpose |
16 | Loan | Kings Mountain Center | 2.2% | SGFC | Societe Generale Financial Corporation | $17,000,000 | $17,000,000 | $15,593,622 | $195.35 | Acquisition | |
17 | Loan | 950 2nd Avenue | 1.9% | LCF | Ladder Capital Finance LLC | $15,250,000 | $15,250,000 | $15,250,000 | $1,877.62 | Refinance | |
18 | Loan | Towneplace Suites Lakeland | 1.8% | Column | Column Financial, Inc. | $14,500,000 | $14,500,000 | $12,151,809 | $129,464.29 | Refinance | |
19 | Loan | Equinox Bloomfield Hills | 1.8% | LCF | Ladder Capital Finance LLC | $14,275,000 | $14,275,000 | $14,275,000 | $298.52 | Refinance | |
20 | Loan | Maple Research Office Park | 1.8% | SMC | Starwood Mortgage Capital LLC | $14,000,000 | $14,000,000 | $12,539,292 | $66.86 | Acquisition | |
21 | Loan | Hunter Plaza | 1.8% | CIBC | CIBC Inc. | $14,000,000 | $14,000,000 | $11,644,785 | $231.28 | Refinance | |
22 | Loan | The Grove at Winter Park | 1.5% | LCF | Ladder Capital Finance LLC | $12,200,000 | $12,200,000 | $11,301,529 | $108.50 | Acquisition | |
23 | Loan | Quail Hollow | 1.5% | Column | Bayview Commercial Mortgage Finance, LLC | $11,900,000 | $11,900,000 | $9,753,151 | $123.83 | Acquisition | |
24 | Loan | Hampton Inn Livonia | 1.5% | SMC | Starwood Mortgage Capital LLC | $11,500,000 | $11,487,402 | $9,416,663 | $104,430.93 | Refinance | |
25 | Loan | University Square Bozeman | 1.4% | CIBC | CIBC Inc. | $11,200,000 | $11,200,000 | $10,308,939 | $84.91 | Refinance | |
26 | Loan | Schnader Properties Portfolio | 1.4% | CIBC | CIBC Inc. | $11,000,000 | $11,000,000 | $11,000,000 | $57,591.62 | Refinance | |
26.01 | Property | Turnquist Apartments | $7,025,210 | $7,025,210 | $7,025,210 | $57,591.62 | |||||
26.02 | Property | Northern Parkway Apartments | $1,879,552 | $1,879,552 | $1,879,552 | $57,591.62 | |||||
26.03 | Property | Cypress Garden Apartments | $1,170,868 | $1,170,868 | $1,170,868 | $57,591.62 | |||||
26.04 | Property | Harford Road Apartments (5101-5105) | $924,370 | $924,370 | $924,370 | $57,591.62 | |||||
27 | Loan | Staybridge Suites Austin South | 1.2% | SGFC | Societe Generale Financial Corporation | $9,500,000 | $9,485,734 | $7,141,281 | $120,072.59 | Refinance | |
28 | Loan | 616 Lofts on Michigan | 1.2% | LCF | Ladder Capital Finance LLC | $9,350,000 | $9,350,000 | $8,458,594 | $173,148.15 | Refinance | |
29 | Loan | 1600 Western Buildings | 1.1% | CIBC | CIBC Inc. | $9,000,000 | $9,000,000 | $7,600,716 | $31.01 | Refinance | |
30 | Loan | Towneplace Suites Albuquerque | 1.1% | Column | Column Financial, Inc. | $8,700,000 | $8,700,000 | $7,269,336 | $95,604.40 | Refinance | |
31 | Loan | 3030 Bridgeway | 1.1% | LCF | Ladder Capital Finance LLC | $8,650,000 | $8,650,000 | $8,650,000 | $271.35 | Refinance | |
32 | Loan | Bell Creek Commons | 1.1% | SMC | Starwood Mortgage Capital LLC | $8,500,000 | $8,500,000 | $7,786,926 | $181.52 | Refinance | |
33 | Loan | All Storage Watauga | 1.0% | SGFC | Societe Generale Financial Corporation | $8,000,000 | $8,000,000 | $8,000,000 | $10,050.25 | Refinance | |
34 | Loan | VASA Fitness Denver | 1.0% | SGFC | Societe Generale Financial Corporation | $8,000,000 | $8,000,000 | $6,552,402 | $131.88 | Refinance | |
35 | Loan | Ambassador Way | 1.0% | SGFC | Societe Generale Financial Corporation | $7,700,000 | $7,700,000 | $6,978,438 | $39.02 | Refinance | |
36 | Loan | RV Ranch of Keene | 0.9% | LCF | Ladder Capital Finance LLC | $7,000,000 | $6,990,222 | $5,335,599 | $27,520.56 | Refinance | |
37 | Loan | Union Crossing | 0.9% | Column | Bayview Commercial Mortgage Finance, LLC | $6,975,000 | $6,937,166 | $5,817,462 | $87.76 | Acquisition | |
38 | Loan | VASA Fitness Spanish Fork | 0.8% | SGFC | Societe Generale Financial Corporation | $6,440,000 | $6,440,000 | $5,274,683 | $128.25 | Refinance | |
39 | Loan | Comfort Suites Grand Rapids North | 0.8% | SMC | Starwood Mortgage Capital LLC | $6,100,000 | $6,093,027 | $4,964,069 | $70,849.16 | Acquisition | |
40 | Loan | 27 East 20th Street | 0.8% | LCF | Ladder Capital Finance LLC | $6,000,000 | $6,000,000 | $6,000,000 | $1,333.93 | Refinance | |
41 | Loan | VASA Fitness Kaysville | 0.8% | SGFC | Societe Generale Financial Corporation | $5,950,000 | $5,950,000 | $4,873,349 | $115.64 | Refinance | |
42 | Loan | Buffalo Springs Point | 0.7% | CIBC | CIBC Inc. | $5,600,000 | $5,600,000 | $4,815,799 | $377.36 | Refinance | |
43 | Loan | CrestHill Suites - East Syracuse | 0.6% | SGFC | Societe Generale Financial Corporation | $5,000,000 | $4,978,062 | $3,807,212 | $59,976.65 | Refinance | |
44 | Loan | Albertsons | 0.5% | LCF | Ladder Capital Finance LLC | $4,243,000 | $4,243,000 | $3,716,624 | $96.51 | Acquisition | |
45 | Loan | Naples Retail Center | 0.5% | LCF | Ladder Capital Finance LLC | $3,875,000 | $3,867,384 | $3,255,164 | $136.51 | Acquisition | |
46 | Loan | Walnut Professional Building | 0.4% | SMC | Starwood Mortgage Capital LLC | $3,500,000 | $3,500,000 | $3,500,000 | $144.92 | Refinance | |
47 | Loan | Microtel Michigan City | 0.4% | LCF | Ladder Capital Finance LLC | $3,500,000 | $3,500,000 | $2,742,822 | $51,470.59 | Refinance |
A-1-2
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
Loan ID | Footnotes | Property Flag | Deal Name | Sponsor | Non-Recourse Carveout Guarantor |
1 | Loan | 3 Columbus Circle | Joseph Moinian | Joseph Moinian | |
2 | Loan | GNL Industrial Portfolio | Global Net Lease Operating Partnership, L.P. | Global Net Lease Operating Partnership, L.P. | |
2.01 | Property | FedEx Ground Package System - San Antonio | |||
2.02 | Property | Rubbermaid - Akron | |||
2.03 | Property | Bush Industries - Jamestown | |||
2.04 | Property | Chemours - Pass Christian | |||
2.05 | Property | Wolverine World Wide - Howard City | |||
2.06 | Property | FedEx Freight - Greenville | |||
2.07 | Property | Diebold Nixdorf - North Canton | |||
2.08 | Property | FedEx Freight - Blackfoot | |||
2.09 | Property | Mapes & Sprowl Steel - Elk Grove Village | |||
2.10 | Property | XPO Logistics - Grand Rapids | |||
2.11 | Property | XPO Logistics - Aurora | |||
2.12 | Property | XPO Logistics - Salina | |||
2.13 | Property | XPO Logistics - Riverton | |||
2.14 | Property | XPO Logistics - Waite Park | |||
2.15 | Property | XPO Logistics - Uhrichsville | |||
2.16 | Property | XPO Logistics - Vincennes | |||
3 | Loan | Embassy Suites Seattle Bellevue | Parkview International, Inc.; Aimbridge Hospitality | KAJ Investments I, Limited; Washington Square Guarantor LLC | |
4 | Loan | SWVP Portfolio | Southwest Value Partners Fund XVI, LP | Southwest Value Partners Fund XVI, LP | |
4.01 | Property | InterContinental | |||
4.02 | Property | DoubleTree Sunrise | |||
4.03 | Property | DoubleTree Charlotte | |||
4.04 | Property | DoubleTree RTP | |||
5 | Loan | Hilton Baltimore BWI Airport | David B. Pollin; Robert E. Buccini; Christopher F. Buccini | David B. Pollin; Robert E. Buccini; Christopher F. Buccini | |
6 | Loan | Santa Fe Portfolio | Gerald P. Peters | Gerald P. Peters and Kathleen K. Peters, as trustees of the Kathleen K. Peters and Gerald P. Peters III Revocable Trust (u/t/d 9/29/2008); Gerald P. Peters | |
6.01 | Property | The Peters Project | |||
6.02 | Property | Plaza Mercado | |||
6.03 | Property | Century Plaza | |||
6.04 | Property | Peters Corp. HQ | |||
6.05 | Property | Santa Fe Properties | |||
6.06 | Property | Springer Plaza | |||
6.07 | Property | 132 E. Marcy | |||
6.08 | Property | Bendelier House | |||
6.09 | Property | 216 Washington | |||
6.10 | Property | El Mercado Viejo | |||
6.11 | Property | 417-419 Orchard | |||
7 | Loan | ExchangeRight Net Leased Portfolio 26 | ExchangeRight Real Estate, LLC; David Fisher; Joshua Ungerecht; Warren Thomas | ExchangeRight Real Estate, LLC; David Fisher; Joshua Ungerecht; Warren Thomas | |
7.01 | Property | Hy-Vee - Oakdale (10th Street), MN | |||
7.02 | Property | Pick n Save - Wausau (Bridge), WI | |||
7.03 | Property | Tractor Supply - Conroe (Hwy 242), TX | |||
7.04 | Property | Walgreens - Chalmette (West Judge Perez), LA | |||
7.05 | Property | Tractor Supply - Santa Fe (FM 1764), TX | |||
7.06 | Property | Tractor Supply - Odessa (Interstate 20), TX | |||
7.07 | Property | Walgreens - Cincinnati (Bridgetown), OH | |||
7.08 | Property | Walgreens - Lafayette (Creasy Lane), IN | |||
7.09 | Property | Walgreens - McDonough (Hwy 81), GA | |||
7.10 | Property | CVS - Fayetteville, GA | |||
7.11 | Property | Tractor Supply - Conyers (Highway 20), GA | |||
7.12 | Property | Walgreens - Milwaukee (Howell), WI | |||
7.13 | Property | Advance Auto Parts - Midlothian, VA | |||
7.14 | Property | AutoZone - Merrillville (Colorado), IN | |||
7.15 | Property | Dollar General - Uniontown (Cleveland), OH | |||
7.16 | Property | Dollar General - Cleveland (Dalton), TN | |||
7.17 | Property | Dollar General - Edinburg (Hwy 107), TX | |||
7.18 | Property | Dollar General - Alton (West Main), TX | |||
7.19 | Property | Dollar General - Clarksville (Ash Ridge), TN | |||
8 | Loan | The Box House Hotel | Joseph Torres | Joseph Torres | |
9 | Loan | 787 Eleventh Avenue | TABLE Holdings, L.P.; Georgetown Company; William A. Ackman; Adam R. Flatto | William A. Ackman; Adam R. Flatto | |
10 | Loan | Darden Headquarters | U.S. Realty Advisors, LLC | USRA Net Lease II Capital Corp. | |
11 | Loan | Great Wolf Lodge Southern California | McWhinney Real Estate Services, Inc.; Chad McWhinney; Troy McWhinney; Great Wolf Resorts, Inc. | McWhinney Holding Company, LLLP | |
12 | Loan | Ambassador Crossing | Michael C. Ainbinder; Barton L. Duckworth | Michael C. Ainbinder; Barton L. Duckworth | |
13 | Loan | 167 Graham Avenue | Joseph Brunner; Toby Mandel; Malky Landau; Meir David Tabak | Joseph Brunner; Toby Mandel; Malky Landau; Meir David Tabak | |
14 | Loan | Cardenas Market Center | Edward S. Franklin; Steve Glusker | Edward S. Franklin; Steve Glusker | |
15 | Loan | 12-18 Meserole | Devorah Lefkowitz | Devorah Lefkowitz |
A-1-3
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
Loan ID | Footnotes | Property Flag | Deal Name | Sponsor | Non-Recourse Carveout Guarantor | |
16 | Loan | Kings Mountain Center | AGC Equity Partners Investments Ltd. | AGC US Data Center Holdco, LLC | ||
17 | Loan | 950 2nd Avenue | Jacob Klein | Jacob Klein | ||
18 | Loan | Towneplace Suites Lakeland | Dewey F. Weaver, Jr. | Dewey F. Weaver, Jr. | ||
19 | Loan | Equinox Bloomfield Hills | Related Special Assets LLC | Related Special Assets LLC | ||
20 | Loan | Maple Research Office Park | Brad Pincus; Steven Kalabat; Bruce Federman | Brad Pincus; Steven Kalabat; Bruce Federman | ||
21 | Loan | Hunter Plaza | Gabe Arechaederra; Rudy Nodar | Gabe Arechaederra; Rudy Nodar | ||
22 | Loan | The Grove at Winter Park | Michael S. Outlaw; Jacob Kobi Avrahami | Michael S. Outlaw; Jacob Kobi Avrahami | ||
23 | Loan | Quail Hollow | Ephraim Hasenfeld | Ephraim Hasenfeld | ||
24 | Loan | Hampton Inn Livonia | Majid Koza | Majid Koza | ||
25 | Loan | University Square Bozeman | E. Stanley Kroenke | E. Stanley Kroenke | ||
26 | Loan | Schnader Properties Portfolio | George L. Schnader, III | George L. Schnader, III | ||
26.01 | Property | Turnquist Apartments | ||||
26.02 | Property | Northern Parkway Apartments | ||||
26.03 | Property | Cypress Garden Apartments | ||||
26.04 | Property | Harford Road Apartments (5101-5105) | ||||
27 | Loan | Staybridge Suites Austin South | Minhas Ladiwalla | Minhas Ladiwalla | ||
28 | Loan | 616 Lofts on Michigan | Jeffrey L. Baker; Raymond A. Lanning | Jeffrey L. Baker; Raymond A. Lanning | ||
29 | Loan | 1600 Western Buildings | Dorothy M. Flisk | Dorothy M. Flisk | ||
30 | Loan | Towneplace Suites Albuquerque | Dewey F. Weaver, Jr. | Dewey F. Weaver, Jr. | ||
31 | Loan | 3030 Bridgeway | Willis K. Polite, Jr.; Dennis P. Fisco; Mark B. Polite; Trent Isgrig | Willis K. Polite, Jr.; Dennis P. Fisco; Mark B. Polite; Trent Isgrig | ||
32 | Loan | Bell Creek Commons | Alan C. Fox | Alan C. Fox | ||
33 | Loan | All Storage Watauga | Jay Schuminsky | Jay Schuminsky | ||
34 | Loan | VASA Fitness Denver | Kevin B. Hawkins; Kevin B. Hawkins & Jean S. Hawkins Trust dated December 24, 2012 | Kevin B. Hawkins; Kevin B. Hawkins & Jean S. Hawkins Trust dated December 24, 2012 | ||
35 | Loan | Ambassador Way | K. Alan Hassenflu | K. Alan Hassenflu | ||
36 | Loan | RV Ranch of Keene | Ronald D. Bowyer | Ronald D. Bowyer | ||
37 | Loan | Union Crossing | Kevin Dhillon; Daniella Dhillon | Kevin Dhillon; Daniella Dhillon | ||
38 | Loan | VASA Fitness Spanish Fork | Kevin B. Hawkins; Kevin B. Hawkins & Jean S. Hawkins Trust dated December 24, 2012; David Gaskill | Kevin B. Hawkins; Kevin B. Hawkins & Jean S. Hawkins Trust dated December 24, 2012; David Gaskill | ||
39 | Loan | Comfort Suites Grand Rapids North | Dante Bacall | Dante Bacall | ||
40 | Loan | 27 East 20th Street | David Switzer; Stefano Secchi | David Switzer; Stefano Secchi | ||
41 | Loan | VASA Fitness Kaysville | Kevin B. Hawkins; Kevin B. Hawkins & Jean S. Hawkins Trust dated December 24, 2012; David Gaskill | Kevin B. Hawkins; Kevin B. Hawkins & Jean S. Hawkins Trust dated December 24, 2012; David Gaskill | ||
42 | Loan | Buffalo Springs Point | J Christopher Dapper; Scott Silver | J Christopher Dapper; Scott Silver | ||
43 | Loan | CrestHill Suites - East Syracuse | Apurv Vajifdar | Apurv Vajifdar | ||
44 | Loan | Albertsons | The Constanzo Family Trust; James R. Costanzo; Susan J. Costanzo | The Constanzo Family Trust; James R. Costanzo; Susan J. Costanzo | ||
45 | Loan | Naples Retail Center | Faisal Jacobo Cure Orfale | Faisal Jacobo Cure Orfale | ||
46 | Loan | Walnut Professional Building | David C. Anderson | David C. Anderson | ||
47 | Loan | Microtel Michigan City | Nimesh Patel; Ankit Patel | Nimesh Patel; Ankit Patel |
A-1-4
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGED PROPERTY CHARACTERISTICS | |||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | No. of Properties | General Property Type | Detailed Property Type | Title Type | Ground Lease Initial Lease Expiration Date(4) | Address | City | County | State | |
1 | Loan | 3 Columbus Circle | 1 | Office | CBD | Fee | NAP | 3 Columbus Circle | New York | New York | NY | ||
2 | Loan | GNL Industrial Portfolio | 16 | Industrial | Various | Various | Various | Various | Various | Various | Various | ||
2.01 | Property | FedEx Ground Package System - San Antonio | 1 | Industrial | Warehouse/Distribution | Fee | NAP | 6808 Ascot Park Drive | San Antonio | Bexar | TX | ||
2.02 | Property | Rubbermaid - Akron | 1 | Industrial | Warehouse/Distribution | Fee | NAP | 3009 Gilchrist Road | Akron | Summit | OH | ||
2.03 | Property | Bush Industries - Jamestown | 1 | Industrial | Manufacturing | Fee | NAP | 1885 Mason Drive | Jamestown | Chautauqua | NY | ||
2.04 | Property | Chemours - Pass Christian | 1 | Industrial | Flex | Fee | NAP | 7990 Kiln Delisle Road | Pass Christian | Harrison | MS | ||
2.05 | Property | Wolverine World Wide - Howard City | 1 | Industrial | Warehouse/Distribution | Fee | NAP | 214 Washburn Street | Howard City | Montcalm | MI | ||
2.06 | Property | FedEx Freight - Greenville | 1 | Industrial | Warehouse | Fee | NAP | 1200 Industrial Boulevard | Greenville | Pitt | NC | ||
2.07 | Property | Diebold Nixdorf - North Canton | 1 | Industrial | Manufacturing | Leasehold | 12/31/2035 | 5571 Global Gateway | North Canton | Stark | OH | ||
2.08 | Property | FedEx Freight - Blackfoot | 1 | Industrial | Warehouse/Distribution | Fee | NAP | 76 West 450 North | Blackfoot | Bingham | ID | ||
2.09 | Property | Mapes & Sprowl Steel - Elk Grove Village | 1 | Industrial | Manufacturing | Fee | NAP | 1100 East Devon Avenue | Elk Grove Village | Cook | IL | ||
2.10 | Property | XPO Logistics - Grand Rapids | 1 | Industrial | Flex | Fee | NAP | 5350 Kraft Avenue Southeast | Grand Rapids | Kent | MI | ||
2.11 | Property | XPO Logistics - Aurora | 1 | Industrial | Flex | Fee | NAP | 1618 Anderson Drive | Aurora | Hamilton | NE | ||
2.12 | Property | XPO Logistics - Salina | 1 | Industrial | Flex | Fee | NAP | 358 East Berg Road | Salina | Saline | KS | ||
2.13 | Property | XPO Logistics - Riverton | 1 | Industrial | Flex | Fee | NAP | 7220 CCX Road | Riverton | Sangamon | IL | ||
2.14 | Property | XPO Logistics - Waite Park | 1 | Industrial | Warehouse/Distribution | Fee | NAP | 301 33rd Avenue South | Waite Park | Stearns | MN | ||
2.15 | Property | XPO Logistics - Uhrichsville | 1 | Industrial | Warehouse/Distribution | Fee | NAP | 2401 North Water Street | Uhrichsville | Tuscarawas | OH | ||
2.16 | Property | XPO Logistics - Vincennes | 1 | Industrial | Warehouse/Distribution | Fee | NAP | 3635 Keller Road | Vincennes | Knox | IN | ||
3 | Loan | Embassy Suites Seattle Bellevue | 1 | Hotel | Full Service | Fee | NAP | 3225 158th Avenue Southeast | Bellevue | King | WA | ||
4 | Loan | SWVP Portfolio | 4 | Hotel | Full Service | Fee | NAP | Various | Various | Various | Various | ||
4.01 | Property | InterContinental | 1 | Hotel | Full Service | Fee | NAP | 444 Saint Charles Avenue | New Orleans | Orleans Parish | LA | ||
4.02 | Property | DoubleTree Sunrise | 1 | Hotel | Full Service | Fee | NAP | 13400 West Sunrise Boulevard | Sunrise | Broward | FL | ||
4.03 | Property | DoubleTree Charlotte | 1 | Hotel | Full Service | Fee | NAP | 6300 Morrison Boulevard | Charlotte | Mecklenburg | NC | ||
4.04 | Property | DoubleTree RTP | 1 | Hotel | Full Service | Fee | NAP | 4810 Page Creek Lane | Durham | Durham | NC | ||
5 | Loan | Hilton Baltimore BWI Airport | 1 | Hotel | Full Service | Fee | NAP | 1739 West Nursery Road | Linthicum Heights | Anne Arundel | MD | ||
6 | Loan | Santa Fe Portfolio | 11 | Various | Various | Fee | NAP | Various | Santa Fe | Santa Fe | NM | ||
6.01 | Property | The Peters Project | 1 | Retail | Single Tenant | Fee | NAP | 1011 Paseo de Peralta | Santa Fe | Santa Fe | NM | ||
6.02 | Property | Plaza Mercado | 1 | Retail | Unanchored | Fee | NAP | 112 West San Francisco Street | Santa Fe | Santa Fe | NM | ||
6.03 | Property | Century Plaza | 1 | Retail | Unanchored | Fee | NAP | 4056 Cerrillos Road | Santa Fe | Santa Fe | NM | ||
6.04 | Property | Peters Corp. HQ | 1 | Office | Suburban | Fee | NAP | 124 East Marcy Street | Santa Fe | Santa Fe | NM | ||
6.05 | Property | Santa Fe Properties | 1 | Office | Suburban | Fee | NAP | 1000 Paseo de Peralta | Santa Fe | Santa Fe | NM | ||
6.06 | Property | Springer Plaza | 1 | Retail | Unanchored | Fee | NAP | 225-235 Don Gaspar Avenue | Santa Fe | Santa Fe | NM | ||
6.07 | Property | 132 E. Marcy | 1 | Mixed Use | Retail / Office | Fee | NAP | 132 East Marcy Street | Santa Fe | Santa Fe | NM | ||
6.08 | Property | Bendelier House | 1 | Retail | Single Tenant | Fee | NAP | 1005 Paseo de Peralta | Santa Fe | Santa Fe | NM | ||
6.09 | Property | 216 Washington | 1 | Office | Suburban | Fee | NAP | 216 Washington Avenue | Santa Fe | Santa Fe | NM | ||
6.10 | Property | El Mercado Viejo | 1 | Retail | Single Tenant | Fee | NAP | 222 Old Santa Fe Trail | Santa Fe | Santa Fe | NM | ||
6.11 | Property | 417-419 Orchard | 1 | Office | Suburban | Fee | NAP | 417-419 Orchard Drive | Santa Fe | Santa Fe | NM | ||
7 | Loan | ExchangeRight Net Leased Portfolio 26 | 19 | Retail | Single Tenant | Fee | NAP | Various | Various | Various | Various | ||
7.01 | Property | Hy-Vee - Oakdale (10th Street), MN | 1 | Retail | Single Tenant | Fee | NAP | 7180 10th Street North | Oakdale | Washington | MN | ||
7.02 | Property | Pick n Save - Wausau (Bridge), WI | 1 | Retail | Single Tenant | Fee | NAP | 205 Central Bridge Street | Wausau | Marathon | WI | ||
7.03 | Property | Tractor Supply - Conroe (Hwy 242), TX | 1 | Retail | Single Tenant | Fee | NAP | 10800 Highway 242 | Conroe | Montgomery | TX | ||
7.04 | Property | Walgreens - Chalmette (West Judge Perez), LA | 1 | Retail | Single Tenant | Fee | NAP | 100 West Judge Perez Drive | Chalmette | Saint Bernard | LA | ||
7.05 | Property | Tractor Supply - Santa Fe (FM 1764), TX | 1 | Retail | Single Tenant | Fee | NAP | 13410 FM 1764 Road | Santa Fe | Galveston | TX | ||
7.06 | Property | Tractor Supply - Odessa (Interstate 20), TX | 1 | Retail | Single Tenant | Fee | NAP | 1511 West Interstate 20 | Odessa | Ector | TX | ||
7.07 | Property | Walgreens - Cincinnati (Bridgetown), OH | 1 | Retail | Single Tenant | Fee | NAP | 5508 Bridgetown Road | Cincinnati | Hamilton | OH | ||
7.08 | Property | Walgreens - Lafayette (Creasy Lane), IN | 1 | Retail | Single Tenant | Fee | NAP | 130 South Creasy Lane | Lafayette | Tippecanoe | IN | ||
7.09 | Property | Walgreens - McDonough (Hwy 81), GA | 1 | Retail | Single Tenant | Fee | NAP | 896 Highway 81 East | McDonough | Henry | GA | ||
7.10 | Property | CVS - Fayetteville, GA | 1 | Retail | Single Tenant | Fee | NAP | 480 Glynn Street | Fayetteville | Fayette | GA | ||
7.11 | Property | Tractor Supply - Conyers (Highway 20), GA | 1 | Retail | Single Tenant | Fee | NAP | 4461 Highway 20 Southeast | Conyers | Rockdale | GA | ||
7.12 | Property | Walgreens - Milwaukee (Howell), WI | 1 | Retail | Single Tenant | Fee | NAP | 3701 South Howell Avenue | Milwaukee | Milwaukee | WI | ||
7.13 | Property | Advance Auto Parts - Midlothian, VA | 1 | Retail | Single Tenant | Fee | NAP | 10710 Hull Street Road | Midlothian | Chesterfield | VA | ||
7.14 | Property | AutoZone - Merrillville (Colorado), IN | 1 | Retail | Single Tenant | Fee | NAP | 8130 Colorado Street | Merrillville | Lake | IN | ||
7.15 | Property | Dollar General - Uniontown (Cleveland), OH | 1 | Retail | Single Tenant | Fee | NAP | 13229 Cleveland Avenue Northwest | Uniontown | Stark | OH | ||
7.16 | Property | Dollar General - Cleveland (Dalton), TN | 1 | Retail | Single Tenant | Fee | NAP | 3609 Dalton Pike Southeast | Cleveland | Bradley | TN | ||
7.17 | Property | Dollar General - Edinburg (Hwy 107), TX | 1 | Retail | Single Tenant | Fee | NAP | 8920 East Highway 107 | Edinburg | Hidalgo | TX | ||
7.18 | Property | Dollar General - Alton (West Main), TX | 1 | Retail | Single Tenant | Fee | NAP | 2708 West Main Avenue | Alton | Hidalgo | TX | ||
7.19 | Property | Dollar General - Clarksville (Ash Ridge), TN | 1 | Retail | Single Tenant | Fee | NAP | 1100 Ash Ridge Drive | Clarksville | Montgomery | TN | ||
8 | Loan | The Box House Hotel | 1 | Hotel | Full Service | Fee | NAP | 77 Box Street | Brooklyn | Kings | NY | ||
9 | Loan | 787 Eleventh Avenue | 1 | Mixed Use | Retail / Office | Fee | NAP | 787 Eleventh Avenue | New York | New York | NY | ||
10 | Loan | Darden Headquarters | 1 | Office | Suburban | Fee | NAP | 1000 Darden Center Drive | Orlando | Orange | FL | ||
11 | Loan | Great Wolf Lodge Southern California | 1 | Hotel | Full Service | Fee | NAP | 12681 Harbor Boulevard | Garden Grove | Orange | CA | ||
12 | Loan | Ambassador Crossing | 1 | Retail | Anchored | Fee & Leasehold | Phase I: 9/30/2060; Phase II: 1/31/2063 | NEC Ambassador Caffery Parkway & Settlers Trace Boulevard | Lafayette | Lafayette | LA | ||
13 | Loan | 167 Graham Avenue | 1 | Multifamily | Mid-Rise | Fee | NAP | 167 Graham Avenue | Brooklyn | Kings | NY | ||
14 | Loan | Cardenas Market Center | 1 | Retail | Anchored | Fee | NAP | 16184, 16192, 16212 and 16232 Foothill Boulevard; 8023 Citrus Avenue | Fontana | San Bernardino | CA | ||
15 | Loan | 12-18 Meserole | 1 | Multifamily | Mid-Rise | Fee | NAP | 12-18 Meserole Street | Brooklyn | Kings | NY |
A-1-5
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGED PROPERTY CHARACTERISTICS | |||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | No. of Properties | General Property Type | Detailed Property Type | Title Type | Ground Lease Initial Lease Expiration Date(4) | Address | City | County | State | |
16 | Loan | Kings Mountain Center | 1 | Office | Data Center | Fee | NAP | 140 Riverside Court | Kings Mountain | Cleveland | NC | ||
17 | Loan | 950 2nd Avenue | 1 | Retail | Unanchored | Fee | NAP | 950 2nd Avenue | New York | New York | NY | ||
18 | Loan | Towneplace Suites Lakeland | 1 | Hotel | Extended Stay | Fee | NAP | 3370 US Highway 98 North | Lakeland | Polk | FL | ||
19 | Loan | Equinox Bloomfield Hills | 1 | Retail | Single Tenant | Fee | NAP | 4065 West Maple | Bloomfield Hills | Oakland | MI | ||
20 | Loan | Maple Research Office Park | 1 | Office | Suburban | Fee | NAP | 1650, 1775, 1875, 1960 and 1965 Research Drive | Troy | Oakland | MI | ||
21 | Loan | Hunter Plaza | 1 | Retail | Anchored | Fee | NAP | 1800 Market Place Boulevard | Irving | Dallas | TX | ||
22 | Loan | The Grove at Winter Park | 1 | Retail | Anchored | Fee | NAP | 4270 Aloma Avenue | Winter Park | Seminole | FL | ||
23 | Loan | Quail Hollow | 1 | Office | Suburban | Fee | NAP | 6525 North Quail Hollow Road | Memphis | Shelby | TN | ||
24 | Loan | Hampton Inn Livonia | 1 | Hotel | Limited Service | Fee | NAP | 28151 Schoolcraft Road | Livonia | Wayne | MI | ||
25 | Loan | University Square Bozeman | 1 | Retail | Anchored | Fee | NAP | 200 South 23rd Avenue | Bozeman | Gallatin | MT | ||
26 | Loan | Schnader Properties Portfolio | 4 | Multifamily | Garden | Fee | NAP | Various | Various | Various | MD | ||
26.01 | Property | Turnquist Apartments | 1 | Multifamily | Garden | Fee | NAP | 110 Windward Court | Elkton | Cecil | MD | ||
26.02 | Property | Northern Parkway Apartments | 1 | Multifamily | Garden | Fee | NAP | 401-409 East Northern Parkway | Baltimore | City of Baltimore | MD | ||
26.03 | Property | Cypress Garden Apartments | 1 | Multifamily | Garden | Fee | NAP | 1402-1410 Cypress Street | Baltimore | City of Baltimore | MD | ||
26.04 | Property | Harford Road Apartments (5101-5105) | 1 | Multifamily | Garden | Fee | NAP | 5101-5105 Harford Road | Baltimore | City of Baltimore | MD | ||
27 | Loan | Staybridge Suites Austin South | 1 | Hotel | Extended Stay | Fee | NAP | 901 Little Texas Lane | Austin | Travis | TX | ||
28 | Loan | 616 Lofts on Michigan | 1 | Multifamily | Mid-Rise | Fee | NAP | 740 Michigan Street NE | Grand Rapids | Kent | MI | ||
29 | Loan | 1600 Western Buildings | 1 | Industrial | Warehouse | Fee | NAP | 2443 & 2444 West 16th Street | Chicago | Cook | IL | ||
30 | Loan | Towneplace Suites Albuquerque | 1 | Hotel | Extended Stay | Fee | NAP | 5511 Office Boulevard Northeast | Albuquerque | Bernalillo | NM | ||
31 | Loan | 3030 Bridgeway | 1 | Office | Suburban | Fee | NAP | 3030 Bridgeway | Sausalito | Marin | CA | ||
32 | Loan | Bell Creek Commons | 1 | Retail | Anchored | Fee | NAP | 7285, 7290-7297 Battle Hill Drive | Mechanicsville | Hanover | VA | ||
33 | Loan | All Storage Watauga | 1 | Self Storage | Self Storage | Fee | NAP | 5431 Watauga Road | Watauga | Tarrant | TX | ||
34 | Loan | VASA Fitness Denver | 1 | Retail | Single Tenant | Fee | NAP | 1955 South Sheridan Boulevard | Denver | Denver | CO | ||
35 | Loan | Ambassador Way | 1 | Retail | Anchored | Fee | NAP | 3300 Ambassador Caffery Parkway | Lafayette | Lafayette | LA | ||
36 | Loan | RV Ranch of Keene | 1 | Manufactured Housing | RV Park | Fee | NAP | 325 West Business Highway 67 | Keene | Johnson | TX | ||
37 | Loan | Union Crossing | 1 | Retail | Anchored | Fee | NAP | 4302-4410 West Union Hills Drive | Glendale | Maricopa | AZ | ||
38 | Loan | VASA Fitness Spanish Fork | 1 | Retail | Single Tenant | Fee | NAP | 662 North 800 East | Spanish Fork | Utah | UT | ||
39 | Loan | Comfort Suites Grand Rapids North | 1 | Hotel | Limited Service | Fee | NAP | 350 Dodge Street | Comstock Park | Kent | MI | ||
40 | Loan | 27 East 20th Street | 1 | Mixed Use | Multifamily / Retail | Fee | NAP | 27 East 20th Street | New York | New York | NY | ||
41 | Loan | VASA Fitness Kaysville | 1 | Retail | Single Tenant | Fee | NAP | 170 West 200 North | Kaysville | Davis | UT | ||
42 | Loan | Buffalo Springs Point | 1 | Retail | Unanchored | Fee | NAP | 7355 South Buffalo Drive | Las Vegas | Clark | NV | ||
43 | Loan | CrestHill Suites - East Syracuse | 1 | Hotel | Extended Stay | Fee | NAP | 6410 New Venture Gear Drive | East Syracuse | Onondaga | NY | ||
44 | Loan | Albertsons | 1 | Retail | Single Tenant | Fee | NAP | 1076 Cy Avenue | Casper | Natrona | WY | ||
45 | Loan | Naples Retail Center | 1 | Retail | Unanchored | Fee | NAP | 7785-7795 Davis Boulevard | Naples | Collier | FL | ||
46 | Loan | Walnut Professional Building | 1 | Office | Medical | Fee | NAP | 306 Walnut Avenue | San Diego | San Diego | CA | ||
47 | Loan | Microtel Michigan City | 1 | Hotel | Limited Service | Fee | NAP | 9834 West 400 North | Michigan | LaPorte | IN |
A-1-6
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGED PROPERTY CHARACTERISTICS | ||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | Zip Code | Year Built | Year Renovated | Net Rentable Area SF/Units/ Rooms(4)(5) | Units of Measure | Occupancy Rate(5) | Occupancy Rate As-of Date(5) | Appraised Value(7) | Appraisal As-of Date(7) |
1 | Loan | 3 Columbus Circle | 10019 | 1927 | 2010-2013 | 753,713 | Square Feet | 97.2% | 1/1/2019 | $1,080,000,000 | 1/1/2019 | |
2 | Loan | GNL Industrial Portfolio | Various | Various | Various | 2,443,208 | Square Feet | 100.0% | 3/31/2019 | $150,090,000 | Various | |
2.01 | Property | FedEx Ground Package System - San Antonio | 78238 | 2008/2012 | NAP | 168,576 | Square Feet | 100.0% | 3/31/2019 | $26,400,000 | 1/18/2019 | |
2.02 | Property | Rubbermaid - Akron | 44305 | 1953, 1969, 2005 | 2018 | 668,592 | Square Feet | 100.0% | 3/31/2019 | $21,900,000 | 1/17/2019 | |
2.03 | Property | Bush Industries - Jamestown | 14701 | 1985, 1986, 1989 | 2007 | 456,094 | Square Feet | 100.0% | 3/31/2019 | $18,300,000 | 1/21/2019 | |
2.04 | Property | Chemours - Pass Christian | 39571 | 2018 | NAP | 300,000 | Square Feet | 100.0% | 3/31/2019 | $18,700,000 | 1/18/2019 | |
2.05 | Property | Wolverine World Wide - Howard City | 49329 | 1998 | 2003 | 468,635 | Square Feet | 100.0% | 3/31/2019 | $15,000,000 | 1/21/2019 | |
2.06 | Property | FedEx Freight - Greenville | 27834 | 2018 | NAP | 29,051 | Square Feet | 100.0% | 3/31/2019 | $11,100,000 | 1/16/2019 | |
2.07 | Property | Diebold Nixdorf - North Canton | 44720 | 2005 | NAP | 158,330 | Square Feet | 100.0% | 3/31/2019 | $10,500,000 | 1/17/2019 | |
2.08 | Property | FedEx Freight - Blackfoot | 83221 | 2017 | NAP | 21,574 | Square Feet | 100.0% | 3/31/2019 | $6,550,000 | 1/23/2019 | |
2.09 | Property | Mapes & Sprowl Steel - Elk Grove Village | 60007 | 1980 | NAP | 60,798 | Square Feet | 100.0% | 3/31/2019 | $8,200,000 | 1/21/2019 | |
2.10 | Property | XPO Logistics - Grand Rapids | 49512 | 2003 | NAP | 28,070 | Square Feet | 100.0% | 3/31/2019 | $3,200,000 | 1/21/2019 | |
2.11 | Property | XPO Logistics - Aurora | 68818 | 2004 | 2013 | 15,700 | Square Feet | 100.0% | 3/31/2019 | $2,470,000 | 1/23/2019 | |
2.12 | Property | XPO Logistics - Salina | 67401 | 2002 | NAP | 15,029 | Square Feet | 100.0% | 3/31/2019 | $2,300,000 | 1/16/2019 | |
2.13 | Property | XPO Logistics - Riverton | 62561 | 1989 | 2009 | 14,881 | Square Feet | 100.0% | 3/31/2019 | $1,600,000 | 1/21/2019 | |
2.14 | Property | XPO Logistics - Waite Park | 56387 | 2001 | NAP | 14,160 | Square Feet | 100.0% | 3/31/2019 | $1,530,000 | 1/21/2019 | |
2.15 | Property | XPO Logistics - Uhrichsville | 44683 | 1991 | 2001 | 15,068 | Square Feet | 100.0% | 3/31/2019 | $1,400,000 | 1/17/2019 | |
2.16 | Property | XPO Logistics - Vincennes | 47591 | 2001 | NAP | 8,650 | Square Feet | 100.0% | 3/31/2019 | $940,000 | 1/23/2019 | |
3 | Loan | Embassy Suites Seattle Bellevue | 98008 | 1990 | 2015-2016 | 240 | Rooms | 79.3% | 4/30/2019 | $64,000,000 | 12/14/2018 | |
4 | Loan | SWVP Portfolio | Various | Various | Various | 1,192 | Rooms | 80.3% | 1/31/2019 | $335,600,000 | 10/16/2018 | |
4.01 | Property | InterContinental | 70130 | 1983 | 2015 | 484 | Rooms | 78.7% | 1/31/2019 | $170,000,000 | 10/12/2018 | |
4.02 | Property | DoubleTree Sunrise | 33323 | 2001 | 2016 | 252 | Rooms | 87.2% | 1/31/2019 | $61,000,000 | 10/15/2018 | |
4.03 | Property | DoubleTree Charlotte | 28211 | 1985 | 2019 | 207 | Rooms | 80.4% | 1/31/2019 | $50,000,000 | 10/11/2018 | |
4.04 | Property | DoubleTree RTP | 27703 | 1988 | 2016 | 249 | Rooms | 76.1% | 1/31/2019 | $40,200,000 | 10/16/2018 | |
5 | Loan | Hilton Baltimore BWI Airport | 21090 | 2006 | 2014-2018 | 280 | Rooms | 77.7% | 2/28/2019 | $55,600,000 | 1/10/2019 | |
6 | Loan | Santa Fe Portfolio | Various | Various | Various | 218,058 | Square Feet | 95.4% | 12/31/2018 | $52,575,000 | 8/31/2018 | |
6.01 | Property | The Peters Project | 87501 | 1998 | NAP | 46,928 | Square Feet | 100.0% | 12/31/2018 | $16,000,000 | 8/31/2018 | |
6.02 | Property | Plaza Mercado | 87501 | 1890 | NAP | 61,185 | Square Feet | 96.1% | 12/31/2018 | $12,300,000 | 8/31/2018 | |
6.03 | Property | Century Plaza | 87507 | 1994 | NAP | 47,318 | Square Feet | 85.7% | 12/31/2018 | $7,200,000 | 8/31/2018 | |
6.04 | Property | Peters Corp. HQ | 87501 | 1987 | NAP | 9,924 | Square Feet | 100.0% | 12/31/2018 | $2,650,000 | 8/31/2018 | |
6.05 | Property | Santa Fe Properties | 87501 | 1950 | 1990 | 12,473 | Square Feet | 100.0% | 12/31/2018 | $2,600,000 | 8/31/2018 | |
6.06 | Property | Springer Plaza | 87501 | 1927 | 1965 | 18,081 | Square Feet | 95.4% | 12/31/2018 | $4,100,000 | 8/31/2018 | |
6.07 | Property | 132 E. Marcy | 87501 | 1970 | NAP | 9,309 | Square Feet | 100.0% | 12/31/2018 | $2,400,000 | 8/31/2018 | |
6.08 | Property | Bendelier House | 87501 | 1880 | 1998 | 4,379 | Square Feet | 100.0% | 12/31/2018 | $2,200,000 | 8/31/2018 | |
6.09 | Property | 216 Washington | 87501 | 1937 | NAP | 4,373 | Square Feet | 100.0% | 12/31/2018 | $1,300,000 | 8/31/2018 | |
6.10 | Property | El Mercado Viejo | 87501 | 2000 | NAP | 2,004 | Square Feet | 100.0% | 12/31/2018 | $950,000 | 8/31/2018 | |
6.11 | Property | 417-419 Orchard | 87501 | 1950 | 2018 | 2,084 | Square Feet | 100.0% | 12/31/2018 | $875,000 | 8/31/2018 | |
7 | Loan | ExchangeRight Net Leased Portfolio 26 | Various | Various | Various | 403,547 | Square Feet | 100.0% | 2/15/2019 | $89,145,000 | Various | |
7.01 | Property | Hy-Vee - Oakdale (10th Street), MN | 55128 | 2015 | NAP | 96,336 | Square Feet | 100.0% | 2/15/2019 | $18,500,000 | 11/20/2018 | |
7.02 | Property | Pick n Save - Wausau (Bridge), WI | 54401 | 2001 | NAP | 67,951 | Square Feet | 100.0% | 2/15/2019 | $12,000,000 | 2/4/2019 | |
7.03 | Property | Tractor Supply - Conroe (Hwy 242), TX | 77385 | 2018 | NAP | 21,702 | Square Feet | 100.0% | 2/15/2019 | $7,590,000 | 2/1/2019 | |
7.04 | Property | Walgreens - Chalmette (West Judge Perez), LA | 70043 | 2003 | NAP | 15,120 | Square Feet | 100.0% | 2/15/2019 | $6,640,000 | 2/12/2019 | |
7.05 | Property | Tractor Supply - Santa Fe (FM 1764), TX | 77510 | 2017 | NAP | 21,702 | Square Feet | 100.0% | 2/15/2019 | $5,300,000 | 2/6/2019 | |
7.06 | Property | Tractor Supply - Odessa (Interstate 20), TX | 79766 | 2015 | NAP | 21,930 | Square Feet | 100.0% | 2/15/2019 | $5,230,000 | 2/15/2019 | |
7.07 | Property | Walgreens - Cincinnati (Bridgetown), OH | 45248 | 1998 | NAP | 13,905 | Square Feet | 100.0% | 2/15/2019 | $4,725,000 | 2/4/2019 | |
7.08 | Property | Walgreens - Lafayette (Creasy Lane), IN | 47905 | 2007 | NAP | 14,820 | Square Feet | 100.0% | 2/15/2019 | $4,550,000 | 2/2/2019 | |
7.09 | Property | Walgreens - McDonough (Hwy 81), GA | 30252 | 2008 | NAP | 14,820 | Square Feet | 100.0% | 2/15/2019 | $4,400,000 | 2/5/2019 | |
7.10 | Property | CVS - Fayetteville, GA | 30214 | 2000 | NAP | 10,164 | Square Feet | 100.0% | 2/15/2019 | $3,425,000 | 2/5/2019 | |
7.11 | Property | Tractor Supply - Conyers (Highway 20), GA | 30013 | 2018 | NAP | 19,097 | Square Feet | 100.0% | 2/15/2019 | $3,360,000 | 1/30/2019 | |
7.12 | Property | Walgreens - Milwaukee (Howell), WI | 53207 | 1965 | 2016 | 20,645 | Square Feet | 100.0% | 2/15/2019 | $2,520,000 | 2/1/2019 | |
7.13 | Property | Advance Auto Parts - Midlothian, VA | 23112 | 1995 | NAP | 12,000 | Square Feet | 100.0% | 2/15/2019 | $1,920,000 | 2/5/2019 | |
7.14 | Property | AutoZone - Merrillville (Colorado), IN | 46410 | 1998 | NAP | 8,077 | Square Feet | 100.0% | 2/15/2019 | $1,850,000 | 2/4/2019 | |
7.15 | Property | Dollar General - Uniontown (Cleveland), OH | 44685 | 2019 | NAP | 9,100 | Square Feet | 100.0% | 2/15/2019 | $1,655,000 | 2/2/2019 | |
7.16 | Property | Dollar General - Cleveland (Dalton), TN | 37323 | 2018 | NAP | 9,026 | Square Feet | 100.0% | 2/15/2019 | $1,500,000 | 1/31/2019 | |
7.17 | Property | Dollar General - Edinburg (Hwy 107), TX | 78542 | 2014 | NAP | 9,100 | Square Feet | 100.0% | 2/15/2019 | $1,360,000 | 2/5/2019 | |
7.18 | Property | Dollar General - Alton (West Main), TX | 78573 | 2014 | NAP | 9,026 | Square Feet | 100.0% | 2/15/2019 | $1,320,000 | 2/5/2019 | |
7.19 | Property | Dollar General - Clarksville (Ash Ridge), TN | 37042 | 2014 | NAP | 9,026 | Square Feet | 100.0% | 2/15/2019 | $1,300,000 | 2/4/2019 | |
8 | Loan | The Box House Hotel | 11222 | 1952 | 2018 | 126 | Rooms | 67.5% | 4/30/2019 | $52,000,000 | 2/14/2019 | |
9 | Loan | 787 Eleventh Avenue | 10019 | 1929 | 2019 | 513,638 | Square Feet | 88.4% | 11/01/2018 | $650,000,000 | 12/2/2018 | |
10 | Loan | Darden Headquarters | 32837 | 2009 | NAP | 525,000 | Square Feet | 100.0% | 11/20/2018 | $157,400,000 | 11/29/2018 | |
11 | Loan | Great Wolf Lodge Southern California | 92840 | 2016 | NAP | 603 | Rooms | 80.8% | 1/31/2019 | $302,900,000 | 11/28/2018 | |
12 | Loan | Ambassador Crossing | 70508 | 2014 | 2017 | 123,405 | Square Feet | 92.2% | 4/3/2019 | $40,250,000 | 1/16/2019 | |
13 | Loan | 167 Graham Avenue | 11206 | 2012 | NAP | 56 | Units | 100.0% | 4/30/2019 | $39,000,000 | 4/16/2019 | |
14 | Loan | Cardenas Market Center | 92335 | 2006 | NAP | 67,129 | Square Feet | 98.1% | 5/13/2019 | $30,500,000 | 4/26/2019 | |
15 | Loan | 12-18 Meserole | 11206 | 2005 | NAP | 28 | Units | 100.0% | 4/16/2019 | $27,900,000 | 3/28/2019 |
A-1-7
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGED PROPERTY CHARACTERISTICS | ||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | Zip Code | Year Built | Year Renovated | Net Rentable Area SF/Units/ Rooms(4)(5) | Units of Measure | Occupancy Rate(5) | Occupancy Rate As-of Date(5) | Appraised Value(7) | Appraisal As-of Date(7) |
16 | Loan | Kings Mountain Center | 28086 | 2007 | 2011 | 215,000 | Square Feet | 100.0% | 4/1/2019 | $75,000,000 | 02/07/2019 | |
17 | Loan | 950 2nd Avenue | 10022 | 2012 | NAP | 8,122 | Square Feet | 100.0% | 4/15/2019 | $28,200,000 | 4/18/2019 | |
18 | Loan | Towneplace Suites Lakeland | 33809 | 2016 | NAP | 112 | Rooms | 75.4% | 2/28/2019 | $20,000,000 | 3/8/2019 | |
19 | Loan | Equinox Bloomfield Hills | 48301 | 1962 | 2018 | 47,819 | Square Feet | 100.0% | 6/6/2019 | $20,750,000 | 1/28/2019 | |
20 | Loan | Maple Research Office Park | 48083 | 1985 | 2018 | 209,378 | Square Feet | 88.2% | 5/1/2019 | $20,500,000 | 3/27/2019 | |
21 | Loan | Hunter Plaza | 75063 | 2006 | 2018 | 60,532 | Square Feet | 96.6% | 4/29/2019 | $21,000,000 | 4/1/2019 | |
22 | Loan | The Grove at Winter Park | 32792 | 1985 | 2018 | 112,440 | Square Feet | 74.4% | 5/1/2019 | $18,300,000 | 2/15/2019 | |
23 | Loan | Quail Hollow | 38120 | 1991 | NAP | 96,096 | Square Feet | 100.0% | 4/1/2019 | $16,300,000 | 4/9/2019 | |
24 | Loan | Hampton Inn Livonia | 48150 | 2017 | NAP | 110 | Rooms | 69.0% | 3/31/2019 | $19,500,000 | 4/9/2019 | |
25 | Loan | University Square Bozeman | 59718 | 1980 | 2009 | 131,908 | Square Feet | 94.8% | 4/11/2019 | $18,800,000 | 10/3/2018 | |
26 | Loan | Schnader Properties Portfolio | Various | Various | 2018 | 191 | Units | 93.7% | 3/1/2019 | $17,850,000 | 4/3/2019 | |
26.01 | Property | Turnquist Apartments | 21921 | 1989 | 2018 | 120 | Units | 94.2% | 3/1/2019 | $11,400,000 | 4/3/2019 | |
26.02 | Property | Northern Parkway Apartments | 21212 | 1978 | 2018 | 33 | Units | 87.9% | 3/1/2019 | $3,050,000 | 4/3/2019 | |
26.03 | Property | Cypress Garden Apartments | 21226 | 1972 | 2018 | 23 | Units | 100.0% | 3/1/2019 | $1,900,000 | 4/3/2019 | |
26.04 | Property | Harford Road Apartments (5101-5105) | 21214 | 1977 | 2018 | 15 | Units | 93.3% | 3/1/2019 | $1,500,000 | 4/3/2019 | |
27 | Loan | Staybridge Suites Austin South | 78745 | 2017 | NAP | 79 | Rooms | 77.2% | 04/02/2019 | $14,000,000 | 03/14/2019 | |
28 | Loan | 616 Lofts on Michigan | 49503 | 2016 | NAP | 54 | Units | 94.8% | 5/2/2019 | $12,650,000 | 5/1/2019 | |
29 | Loan | 1600 Western Buildings | 60608 | 1936 & 1959 | 2005 | 290,229 | Square Feet | 97.7% | 3/1/2019 | $12,900,000 | 11/26/2018 | |
30 | Loan | Towneplace Suites Albuquerque | 87109 | 2012 | NAP | 91 | Rooms | 78.5% | 2/28/2019 | $12,500,000 | 3/11/2019 | |
31 | Loan | 3030 Bridgeway | 94965 | 1940 | 2015-2017 | 31,878 | Square Feet | 96.2% | 3/31/2019 | $13,300,000 | 3/7/2019 | |
32 | Loan | Bell Creek Commons | 23111 | 2007 | NAP | 46,828 | Square Feet | 100.0% | 3/1/2019 | $12,400,000 | 12/29/2018 | |
33 | Loan | All Storage Watauga | 76137 | 2003 | NAP | 796 | Units | 83.5% | 04/12/2019 | $13,000,000 | 03/26/2019 | |
34 | Loan | VASA Fitness Denver | 80227 | 1992 | 2017 | 60,660 | Square Feet | 100.0% | 4/1/2019 | $11,720,000 | 04/12/2019 | |
35 | Loan | Ambassador Way | 70506 | 1993 | 2011 | 197,351 | Square Feet | 100.0% | 02/01/2019 | $15,350,000 | 03/26/2019 | |
36 | Loan | RV Ranch of Keene | 76059 | 1986 | NAP | 254 | Pads | 93.7% | 3/31/2019 | $12,690,000 | 2/19/2019 | |
37 | Loan | Union Crossing | 85308 | 1987-2017 | NAP | 79,044 | Square Feet | 91.6% | 12/18/2018 | $9,300,000 | 11/7/2018 | |
38 | Loan | VASA Fitness Spanish Fork | 84660 | 1995 | 2018 | 50,216 | Square Feet | 100.0% | 5/1/2019 | $9,200,000 | 04/01/2019 | |
39 | Loan | Comfort Suites Grand Rapids North | 49321 | 2005 | 2017 | 86 | Rooms | 73.7% | 2/28/2019 | $10,000,000 | 4/1/2019 | |
40 | Loan | 27 East 20th Street | 10003 | 1925 | 2018 | 4,498 | Square Feet | 100.0% | 2/21/2019 | $9,600,000 | 2/7/2019 | |
41 | Loan | VASA Fitness Kaysville | 84037 | 1996 | 2018 | 51,451 | Square Feet | 100.0% | 5/1/2019 | $8,600,000 | 04/02/2019 | |
42 | Loan | Buffalo Springs Point | 89113 | 2017 | NAP | 14,840 | Square Feet | 100.0% | 4/1/2019 | $8,200,000 | 4/18/2019 | |
43 | Loan | CrestHill Suites - East Syracuse | 13057 | 2000 | 2018 | 83 | Rooms | 81.3% | 01/23/2019 | $8,300,000 | 01/03/2019 | |
44 | Loan | Albertsons | 82604 | 1987 | 2017 | 43,965 | Square Feet | 100.0% | 10/31/2018 | $6,500,000 | 10/9/2018 | |
45 | Loan | Naples Retail Center | 34104 | 2006 | NAP | 28,330 | Square Feet | 94.4% | 1/1/2019 | $5,500,000 | 2/4/2019 | |
46 | Loan | Walnut Professional Building | 92103 | 1971 | 2015 | 24,152 | Square Feet | 89.5% | 4/1/2019 | $10,000,000 | 3/29/2019 | |
47 | Loan | Microtel Michigan City | 46360 | 2010 | NAP | 68 | Rooms | 56.1% | 3/31/2019 | $5,900,000 | 5/8/2019 |
A-1-8
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGE LOAN CHARACTERISTICS | |||||||||||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | 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) | |
1 | Loan | 3 Columbus Circle | 3.9140% | 0.01549% | 3.89851% | Actual/360 | 3 | No | 120 | 117 | 120 | 117 | 0 | 0 | 3/12/2019 | 4/11/2019 | NAP | 3/11/2029 | 3/11/2029 | NAP | $165,348.38 | ||
2 | Loan | GNL Industrial Portfolio | 4.4890% | 0.01424% | 4.47476% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 4/12/2019 | 6/6/2019 | NAP | 5/6/2029 | 5/6/2029 | NAP | $184,898.48 | ||
2.01 | Property | FedEx Ground Package System - San Antonio | |||||||||||||||||||||
2.02 | Property | Rubbermaid - Akron | |||||||||||||||||||||
2.03 | Property | Bush Industries - Jamestown | |||||||||||||||||||||
2.04 | Property | Chemours - Pass Christian | |||||||||||||||||||||
2.05 | Property | Wolverine World Wide - Howard City | |||||||||||||||||||||
2.06 | Property | FedEx Freight - Greenville | |||||||||||||||||||||
2.07 | Property | Diebold Nixdorf - North Canton | |||||||||||||||||||||
2.08 | Property | FedEx Freight - Blackfoot | |||||||||||||||||||||
2.09 | Property | Mapes & Sprowl Steel - Elk Grove Village | |||||||||||||||||||||
2.10 | Property | XPO Logistics - Grand Rapids | |||||||||||||||||||||
2.11 | Property | XPO Logistics - Aurora | |||||||||||||||||||||
2.12 | Property | XPO Logistics - Salina | |||||||||||||||||||||
2.13 | Property | XPO Logistics - Riverton | |||||||||||||||||||||
2.14 | Property | XPO Logistics - Waite Park | |||||||||||||||||||||
2.15 | Property | XPO Logistics - Uhrichsville | |||||||||||||||||||||
2.16 | Property | XPO Logistics - Vincennes | |||||||||||||||||||||
3 | Loan | Embassy Suites Seattle Bellevue | 5.3740% | 0.01424% | 5.35976% | Actual/360 | 4 | No | 120 | 116 | 60 | 56 | 360 | 360 | 1/25/2019 | 3/6/2019 | 3/6/2024 | 2/6/2029 | 2/6/2029 | $232,362.19 | $188,432.09 | ||
4 | Loan | SWVP Portfolio | 4.9580% | 0.01424% | 4.94376% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 04/18/2019 | 06/01/2019 | NAP | 05/01/2029 | 05/01/2029 | NAP | $167,562.04 | ||
4.01 | Property | InterContinental | |||||||||||||||||||||
4.02 | Property | DoubleTree Sunrise | |||||||||||||||||||||
4.03 | Property | DoubleTree Charlotte | |||||||||||||||||||||
4.04 | Property | DoubleTree RTP | |||||||||||||||||||||
5 | Loan | Hilton Baltimore BWI Airport | 4.7991% | 0.01424% | 4.78481% | Actual/360 | 2 | No | 120 | 118 | 0 | 0 | 360 | 358 | 3/12/2019 | 5/6/2019 | NAP | 4/6/2029 | 4/6/2029 | $201,425.90 | NAP | ||
6 | Loan | Santa Fe Portfolio | 5.7340% | 0.01424% | 5.71976% | Actual/360 | 7 | No | 120 | 113 | 0 | 0 | 360 | 353 | 10/31/2018 | 12/6/2018 | NAP | 11/6/2028 | 11/6/2028 | $209,720.46 | NAP | ||
6.01 | Property | The Peters Project | |||||||||||||||||||||
6.02 | Property | Plaza Mercado | |||||||||||||||||||||
6.03 | Property | Century Plaza | |||||||||||||||||||||
6.04 | Property | Peters Corp. HQ | |||||||||||||||||||||
6.05 | Property | Santa Fe Properties | |||||||||||||||||||||
6.06 | Property | Springer Plaza | |||||||||||||||||||||
6.07 | Property | 132 E. Marcy | |||||||||||||||||||||
6.08 | Property | Bendelier House | |||||||||||||||||||||
6.09 | Property | 216 Washington | |||||||||||||||||||||
6.10 | Property | El Mercado Viejo | |||||||||||||||||||||
6.11 | Property | 417-419 Orchard | |||||||||||||||||||||
7 | Loan | ExchangeRight Net Leased Portfolio 26 | 4.5820% | 0.01424% | 4.56776% | Actual/360 | 2 | No | 120 | 118 | 120 | 118 | 0 | 0 | 03/06/2019 | 05/01/2019 | NAP | 04/01/2029 | 04/01/2029 | NAP | $135,497.80 | ||
7.01 | Property | Hy-Vee - Oakdale (10th Street), MN | |||||||||||||||||||||
7.02 | Property | Pick n Save - Wausau (Bridge), WI | |||||||||||||||||||||
7.03 | Property | Tractor Supply - Conroe (Hwy 242), TX | |||||||||||||||||||||
7.04 | Property | Walgreens - Chalmette (West Judge Perez), LA | |||||||||||||||||||||
7.05 | Property | Tractor Supply - Santa Fe (FM 1764), TX | |||||||||||||||||||||
7.06 | Property | Tractor Supply - Odessa (Interstate 20), TX | |||||||||||||||||||||
7.07 | Property | Walgreens - Cincinnati (Bridgetown), OH | |||||||||||||||||||||
7.08 | Property | Walgreens - Lafayette (Creasy Lane), IN | |||||||||||||||||||||
7.09 | Property | Walgreens - McDonough (Hwy 81), GA | |||||||||||||||||||||
7.10 | Property | CVS - Fayetteville, GA | |||||||||||||||||||||
7.11 | Property | Tractor Supply - Conyers (Highway 20), GA | |||||||||||||||||||||
7.12 | Property | Walgreens - Milwaukee (Howell), WI | |||||||||||||||||||||
7.13 | Property | Advance Auto Parts - Midlothian, VA | |||||||||||||||||||||
7.14 | Property | AutoZone - Merrillville (Colorado), IN | |||||||||||||||||||||
7.15 | Property | Dollar General - Uniontown (Cleveland), OH | |||||||||||||||||||||
7.16 | Property | Dollar General - Cleveland (Dalton), TN | |||||||||||||||||||||
7.17 | Property | Dollar General - Edinburg (Hwy 107), TX | |||||||||||||||||||||
7.18 | Property | Dollar General - Alton (West Main), TX | |||||||||||||||||||||
7.19 | Property | Dollar General - Clarksville (Ash Ridge), TN | |||||||||||||||||||||
8 | Loan | The Box House Hotel | 5.4000% | 0.01424% | 5.38576% | Actual/360 | 0 | No | 120 | 120 | 0 | 0 | 360 | 360 | 5/13/2019 | 7/6/2019 | NAP | 6/6/2029 | 6/6/2029 | $174,074.55 | NAP | ||
9 | Loan | 787 Eleventh Avenue | 4.5303% | 0.01424% | 4.51608% | Actual/360 | 4 | No | 120 | 116 | 120 | 116 | 0 | 0 | 01/09/2019 | 03/08/2019 | NAP | 02/08/2029 | 02/08/2029 | NAP | $114,830.95 | ||
10 | Loan | Darden Headquarters | 4.7700% | 0.01424% | 4.75576% | Actual/360 | 5 | No | 120 | 115 | 120 | 115 | 0 | 0 | 12/21/2018 | 2/6/2019 | NAP | 1/6/2029 | 1/6/2029 | NAP | $120,906.25 | ||
11 | Loan | Great Wolf Lodge Southern California | 5.2533% | 0.01549% | 5.23781% | Actual/360 | 3 | No | 120 | 117 | 120 | 117 | 0 | 0 | 3/11/2019 | 4/11/2019 | NAP | 3/11/2029 | 3/11/2029 | NAP | $133,156.56 | ||
12 | Loan | Ambassador Crossing | 4.8500% | 0.01424% | 4.83576% | Actual/360 | 1 | No | 120 | 119 | 60 | 59 | 360 | 360 | 4/9/2019 | 6/6/2019 | 6/6/2024 | 5/6/2029 | 5/6/2029 | $137,199.88 | $106,542.82 | ||
13 | Loan | 167 Graham Avenue | 4.4600% | 0.01424% | 4.44576% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 5/16/2019 | 7/6/2019 | NAP | 6/6/2029 | 6/6/2029 | NAP | $96,844.98 | ||
14 | Loan | Cardenas Market Center | 4.0380% | 0.01424% | 4.02376% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 5/14/2019 | 7/6/2019 | NAP | 6/6/2029 | 6/6/2029 | NAP | $63,117.12 | ||
15 | Loan | 12-18 Meserole | 4.9600% | 0.01424% | 4.94576% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 4/18/2019 | 6/6/2019 | NAP | 5/6/2029 | 5/6/2029 | NAP | $73,757.04 |
A-1-9
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGE LOAN CHARACTERISTICS | |||||||||||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | 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) | |
16 | Loan | Kings Mountain Center | 4.6500% | 0.01424% | 4.63576% | Actual/360 | 2 | No | 120 | 118 | 60 | 58 | 360 | 360 | 03/28/2019 | 05/01/2019 | 5/1/2024 | 04/01/2029 | 04/01/2029 | $87,658.26 | $66,789.93 | ||
17 | Loan | 950 2nd Avenue | 4.2200% | 0.01424% | 4.20576% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 5/16/2019 | 7/6/2019 | NAP | 6/6/2029 | 6/6/2029 | NAP | $54,374.02 | ||
18 | Loan | Towneplace Suites Lakeland | 4.7500% | 0.01424% | 4.73576% | Actual/360 | 0 | No | 120 | 120 | 12 | 12 | 360 | 360 | 5/10/2019 | 7/6/2019 | 7/6/2020 | 6/6/2029 | 6/6/2029 | $75,638.86 | $58,193.00 | ||
19 | Loan | Equinox Bloomfield Hills | 5.5450% | 0.01424% | 5.53076% | Actual/360 | 3 | No | 120 | 117 | 120 | 117 | 0 | 0 | 3/5/2019 | 4/6/2019 | NAP | 3/6/2029 | 3/6/2029 | NAP | $66,878.54 | ||
20 | Loan | Maple Research Office Park | 5.5500% | 0.05299% | 5.49701% | Actual/360 | 0 | No | 120 | 120 | 36 | 36 | 360 | 360 | 5/21/2019 | 7/6/2019 | 7/6/2022 | 6/6/2029 | 6/6/2029 | $79,930.21 | $65,649.31 | ||
21 | Loan | Hunter Plaza | 4.5000% | 0.01424% | 4.48576% | Actual/360 | 0 | No | 120 | 120 | 12 | 12 | 360 | 360 | 5/28/2019 | 7/1/2019 | 7/1/2020 | 6/1/2029 | 6/1/2029 | $70,935.94 | $53,229.17 | ||
22 | Loan | The Grove at Winter Park | 5.3000% | 0.01424% | 5.28576% | Actual/360 | 0 | No | 120 | 120 | 60 | 60 | 360 | 360 | 5/23/2019 | 7/6/2019 | 7/6/2024 | 6/6/2029 | 6/6/2029 | $67,747.17 | $54,631.71 | ||
23 | Loan | Quail Hollow | 4.9000% | 0.01424% | 4.88576% | Actual/360 | 0 | No | 120 | 120 | 0 | 0 | 360 | 360 | 5/15/2019 | 7/6/2019 | NAP | 6/6/2029 | 6/6/2029 | $63,156.48 | NAP | ||
24 | Loan | Hampton Inn Livonia | 4.8700% | 0.01424% | 4.85576% | Actual/360 | 1 | No | 120 | 119 | 0 | 0 | 360 | 359 | 5/3/2019 | 6/6/2019 | NAP | 5/6/2029 | 5/6/2029 | $60,824.05 | NAP | ||
25 | Loan | University Square Bozeman | 4.8700% | 0.01424% | 4.85576% | Actual/360 | 1 | No | 120 | 119 | 60 | 59 | 360 | 360 | 4/25/2019 | 6/1/2019 | 6/1/2024 | 5/1/2029 | 5/1/2029 | $59,237.34 | $46,084.63 | ||
26 | Loan | Schnader Properties Portfolio | 4.5200% | 0.01424% | 4.50576% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 5/24/2019 | 7/1/2019 | NAP | 6/1/2029 | 6/1/2029 | $42,008.80 | $42,008.80 | ||
26.01 | Property | Turnquist Apartments | |||||||||||||||||||||
26.02 | Property | Northern Parkway Apartments | |||||||||||||||||||||
26.03 | Property | Cypress Garden Apartments | |||||||||||||||||||||
26.04 | Property | Harford Road Apartments (5101-5105) | |||||||||||||||||||||
27 | Loan | Staybridge Suites Austin South | 5.1400% | 0.01424% | 5.12576% | Actual/360 | 1 | No | 120 | 119 | 0 | 0 | 300 | 299 | 5/1/2019 | 06/01/2019 | NAP | 05/01/2029 | 05/01/2029 | $56,313.69 | NAP | ||
28 | Loan | 616 Lofts on Michigan | 5.0200% | 0.01424% | 5.00576% | Actual/360 | 0 | No | 120 | 120 | 48 | 48 | 360 | 360 | 5/24/2019 | 7/6/2019 | 7/6/2023 | 6/6/2029 | 6/6/2029 | $50,307.17 | $39,657.42 | ||
29 | Loan | 1600 Western Buildings | 5.0100% | 0.01424% | 4.99576% | Actual/360 | 1 | No | 120 | 119 | 12 | 11 | 360 | 360 | 4/8/2019 | 6/1/2019 | 6/1/2020 | 5/1/2029 | 5/1/2029 | $48,368.97 | $38,096.88 | ||
30 | Loan | Towneplace Suites Albuquerque | 4.6500% | 0.01424% | 4.63576% | Actual/360 | 0 | No | 120 | 120 | 12 | 12 | 360 | 360 | 5/10/2019 | 7/6/2019 | 7/6/2020 | 6/6/2029 | 6/6/2029 | $44,860.40 | $34,180.73 | ||
31 | Loan | 3030 Bridgeway | 4.6500% | 0.01424% | 4.63576% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 4/30/2019 | 6/6/2019 | NAP | 5/6/2029 | 5/6/2029 | NAP | $33,984.29 | ||
32 | Loan | Bell Creek Commons | 4.5700% | 0.01424% | 4.55576% | Actual/360 | 2 | No | 120 | 118 | 60 | 58 | 360 | 360 | 4/2/2019 | 5/6/2019 | 5/6/2024 | 4/6/2029 | 4/6/2029 | $43,422.51 | $32,820.43 | ||
33 | Loan | All Storage Watauga | 4.3300% | 0.01424% | 4.31576% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 04/30/2019 | 06/01/2019 | NAP | 05/01/2029 | 05/01/2029 | NAP | $29,267.59 | ||
34 | Loan | VASA Fitness Denver | 4.8800% | 0.01424% | 4.86576% | Actual/360 | 0 | No | 120 | 120 | 0 | 0 | 360 | 360 | 05/24/2019 | 07/01/2019 | NAP | 06/01/2029 | 06/01/2029 | $42,360.94 | NAP | ||
35 | Loan | Ambassador Way | 3.9200% | 0.01424% | 3.90576% | Actual/360 | 0 | No | 120 | 120 | 60 | 60 | 360 | 360 | 05/29/2019 | 07/01/2019 | 7/1/2024 | 06/01/2029 | 06/01/2029 | $36,406.73 | $25,502.69 | ||
36 | Loan | RV Ranch of Keene | 5.5300% | 0.01424% | 5.51576% | Actual/360 | 1 | No | 120 | 119 | 0 | 0 | 300 | 299 | 4/11/2019 | 6/6/2019 | NAP | 5/6/2029 | 5/6/2029 | $43,111.63 | NAP | ||
37 | Loan | Union Crossing | 5.4500% | 0.01424% | 5.43576% | Actual/360 | 5 | No | 120 | 115 | 0 | 0 | 360 | 355 | 12/21/2018 | 2/6/2019 | NAP | 1/6/2029 | 1/6/2029 | $39,384.75 | NAP | ||
38 | Loan | VASA Fitness Spanish Fork | 4.8800% | 0.01424% | 4.86576% | Actual/360 | 0 | No | 120 | 120 | 0 | 0 | 360 | 360 | 05/24/2019 | 07/01/2019 | NAP | 06/01/2029 | 06/01/2029 | $34,100.56 | NAP | ||
39 | Loan | Comfort Suites Grand Rapids North | 4.6850% | 0.06299% | 4.62201% | Actual/360 | 1 | No | 120 | 119 | 0 | 0 | 360 | 359 | 4/29/2019 | 6/6/2019 | NAP | 5/6/2029 | 5/6/2029 | $31,581.93 | NAP | ||
40 | Loan | 27 East 20th Street | 5.4000% | 0.01424% | 5.38576% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 5/14/2019 | 7/6/2019 | NAP | 6/6/2029 | 6/6/2029 | NAP | $27,375.00 | ||
41 | Loan | VASA Fitness Kaysville | 4.8800% | 0.01424% | 4.86576% | Actual/360 | 0 | No | 120 | 120 | 0 | 0 | 360 | 360 | 05/24/2019 | 07/01/2019 | NAP | 06/01/2029 | 06/01/2029 | $31,505.95 | NAP | ||
42 | Loan | Buffalo Springs Point | 4.7600% | 0.01424% | 4.74576% | Actual/360 | 0 | No | 120 | 120 | 24 | 24 | 360 | 360 | 5/23/2019 | 7/1/2019 | 7/1/2021 | 6/1/2029 | 6/1/2029 | $29,246.01 | $22,521.85 | ||
43 | Loan | CrestHill Suites - East Syracuse | 5.5000% | 0.01424% | 5.48576% | Actual/360 | 3 | No | 120 | 117 | 0 | 0 | 300 | 297 | 02/04/2019 | 04/01/2019 | NAP | 03/01/2029 | 03/01/2029 | $30,704.37 | NAP | ||
44 | Loan | Albertsons | 5.5000% | 0.01424% | 5.48576% | Actual/360 | 6 | No | 120 | 114 | 24 | 18 | 360 | 360 | 11/16/2018 | 1/6/2019 | 1/6/2021 | 12/6/2028 | 12/6/2028 | $24,091.29 | $19,717.18 | ||
45 | Loan | Naples Retail Center | 5.6750% | 0.01424% | 5.66076% | Actual/360 | 2 | No | 120 | 118 | 0 | 0 | 360 | 358 | 3/7/2019 | 5/6/2019 | NAP | 4/6/2029 | 4/6/2029 | $22,429.16 | NAP | ||
46 | Loan | Walnut Professional Building | 4.1000% | 0.01424% | 4.08576% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 5/1/2019 | 6/6/2019 | NAP | 5/6/2029 | 5/6/2029 | NAP | $12,124.42 | ||
47 | Loan | Microtel Michigan City | 6.3500% | 0.01424% | 6.33576% | Actual/360 | 0 | No | 120 | 120 | 0 | 0 | 300 | 300 | 5/13/2019 | 7/6/2019 | NAP | 6/6/2029 | 6/6/2029 | $23,305.25 | NAP |
A-1-10
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGE LOAN CHARACTERISTICS | |||||||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | 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)(20) | Maturity Date LTV Ratio(7) | Grace Period to Late Charge (Days) | Grace Period to Default (Days) | Due Date | Prepayment Provisions (No. of Payments)(11)(12) |
1 | Loan | 3 Columbus Circle | NAP | $1,984,181 | Hard | In-Place | No | No | NAP | 3.11x | NAP | 2.91x | 45.4% | 45.4% | 0 | 0 | 11 | L(27), Def(88), O(5) | |
2 | Loan | GNL Industrial Portfolio | NAP | $2,218,782 | Hard | In-Place | No | No | NAP | 2.16x | NAP | 1.98x | 65.0% | 65.0% | 5 | 0 | 6 | YM1(116), O(4) | |
2.01 | Property | FedEx Ground Package System - San Antonio | NAP | 2.16x | NAP | 1.98x | 65.0% | 65.0% | |||||||||||
2.02 | Property | Rubbermaid - Akron | NAP | 2.16x | NAP | 1.98x | 65.0% | 65.0% | |||||||||||
2.03 | Property | Bush Industries - Jamestown | NAP | 2.16x | NAP | 1.98x | 65.0% | 65.0% | |||||||||||
2.04 | Property | Chemours - Pass Christian | NAP | 2.16x | NAP | 1.98x | 65.0% | 65.0% | |||||||||||
2.05 | Property | Wolverine World Wide - Howard City | NAP | 2.16x | NAP | 1.98x | 65.0% | 65.0% | |||||||||||
2.06 | Property | FedEx Freight - Greenville | NAP | 2.16x | NAP | 1.98x | 65.0% | 65.0% | |||||||||||
2.07 | Property | Diebold Nixdorf - North Canton | NAP | 2.16x | NAP | 1.98x | 65.0% | 65.0% | |||||||||||
2.08 | Property | FedEx Freight - Blackfoot | NAP | 2.16x | NAP | 1.98x | 65.0% | 65.0% | |||||||||||
2.09 | Property | Mapes & Sprowl Steel - Elk Grove Village | NAP | 2.16x | NAP | 1.98x | 65.0% | 65.0% | |||||||||||
2.10 | Property | XPO Logistics - Grand Rapids | NAP | 2.16x | NAP | 1.98x | 65.0% | 65.0% | |||||||||||
2.11 | Property | XPO Logistics - Aurora | NAP | 2.16x | NAP | 1.98x | 65.0% | 65.0% | |||||||||||
2.12 | Property | XPO Logistics - Salina | NAP | 2.16x | NAP | 1.98x | 65.0% | 65.0% | |||||||||||
2.13 | Property | XPO Logistics - Riverton | NAP | 2.16x | NAP | 1.98x | 65.0% | 65.0% | |||||||||||
2.14 | Property | XPO Logistics - Waite Park | NAP | 2.16x | NAP | 1.98x | 65.0% | 65.0% | |||||||||||
2.15 | Property | XPO Logistics - Uhrichsville | NAP | 2.16x | NAP | 1.98x | 65.0% | 65.0% | |||||||||||
2.16 | Property | XPO Logistics - Vincennes | NAP | 2.16x | NAP | 1.98x | 65.0% | 65.0% | |||||||||||
3 | Loan | Embassy Suites Seattle Bellevue | $2,788,346 | $2,261,185 | Hard | Springing | No | No | 1.77x | 2.18x | 1.55x | 1.91x | 64.8% | 60.1% | 0 | 0 | 6 | L(28), Def(84), O(8) | |
4 | Loan | SWVP Portfolio | NAP | $2,010,744 | Hard | Springing | No | No | NAP | 2.37x | NAP | 2.04x | 59.6% | 59.6% | 0 | 0 | 1 | L(25), Def(91), O(4) | |
4.01 | Property | InterContinental | NAP | 2.37x | NAP | 2.04x | 59.6% | 59.6% | |||||||||||
4.02 | Property | DoubleTree Sunrise | NAP | 2.37x | NAP | 2.04x | 59.6% | 59.6% | |||||||||||
4.03 | Property | DoubleTree Charlotte | NAP | 2.37x | NAP | 2.04x | 59.6% | 59.6% | |||||||||||
4.04 | Property | DoubleTree RTP | NAP | 2.37x | NAP | 2.04x | 59.6% | 59.6% | |||||||||||
5 | Loan | Hilton Baltimore BWI Airport | $2,417,111 | NAP | Hard | Springing | No | No | 2.09x | NAP | 1.81x | NAP | 70.9% | 59.3% | 0 | 0 | 6 | L(26), Def(90), O(4) | |
6 | Loan | Santa Fe Portfolio | $2,516,646 | NAP | Springing | Springing | No | No | 1.50x | NAP | 1.42x | NAP | 68.0% | 57.6% | 0 | 0 | 6 | L(31), Def(86), O(3) | |
6.01 | Property | The Peters Project | 1.50x | NAP | 1.42x | NAP | 68.0% | 57.6% | |||||||||||
6.02 | Property | Plaza Mercado | 1.50x | NAP | 1.42x | NAP | 68.0% | 57.6% | |||||||||||
6.03 | Property | Century Plaza | 1.50x | NAP | 1.42x | NAP | 68.0% | 57.6% | |||||||||||
6.04 | Property | Peters Corp. HQ | 1.50x | NAP | 1.42x | NAP | 68.0% | 57.6% | |||||||||||
6.05 | Property | Santa Fe Properties | 1.50x | NAP | 1.42x | NAP | 68.0% | 57.6% | |||||||||||
6.06 | Property | Springer Plaza | 1.50x | NAP | 1.42x | NAP | 68.0% | 57.6% | |||||||||||
6.07 | Property | 132 E. Marcy | 1.50x | NAP | 1.42x | NAP | 68.0% | 57.6% | |||||||||||
6.08 | Property | Bendelier House | 1.50x | NAP | 1.42x | NAP | 68.0% | 57.6% | |||||||||||
6.09 | Property | 216 Washington | 1.50x | NAP | 1.42x | NAP | 68.0% | 57.6% | |||||||||||
6.10 | Property | El Mercado Viejo | 1.50x | NAP | 1.42x | NAP | 68.0% | 57.6% | |||||||||||
6.11 | Property | 417-419 Orchard | 1.50x | NAP | 1.42x | NAP | 68.0% | 57.6% | |||||||||||
7 | Loan | ExchangeRight Net Leased Portfolio 26 | NAP | $1,625,974 | Hard | Springing | No | No | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | 0 | 0 | 1 | L(26), Def(90), O(4) | |
7.01 | Property | Hy-Vee - Oakdale (10th Street), MN | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.02 | Property | Pick n Save - Wausau (Bridge), WI | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.03 | Property | Tractor Supply - Conroe (Hwy 242), TX | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.04 | Property | Walgreens - Chalmette (West Judge Perez), LA | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.05 | Property | Tractor Supply - Santa Fe (FM 1764), TX | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.06 | Property | Tractor Supply - Odessa (Interstate 20), TX | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.07 | Property | Walgreens - Cincinnati (Bridgetown), OH | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.08 | Property | Walgreens - Lafayette (Creasy Lane), IN | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.09 | Property | Walgreens - McDonough (Hwy 81), GA | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.10 | Property | CVS - Fayetteville, GA | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.11 | Property | Tractor Supply - Conyers (Highway 20), GA | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.12 | Property | Walgreens - Milwaukee (Howell), WI | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.13 | Property | Advance Auto Parts - Midlothian, VA | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.14 | Property | AutoZone - Merrillville (Colorado), IN | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.15 | Property | Dollar General - Uniontown (Cleveland), OH | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.16 | Property | Dollar General - Cleveland (Dalton), TN | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.17 | Property | Dollar General - Edinburg (Hwy 107), TX | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.18 | Property | Dollar General - Alton (West Main), TX | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
7.19 | Property | Dollar General - Clarksville (Ash Ridge), TN | NAP | 2.00x | NAP | 1.92x | 61.7% | 61.7% | |||||||||||
8 | Loan | The Box House Hotel | $2,088,895 | NAP | Hard | Springing | No | No | 1.72x | NAP | 1.57x | NAP | 59.6% | 49.7% | 0 | 0 | 6 | L(24), Def(92), O(4) | |
9 | Loan | 787 Eleventh Avenue | NAP | $1,377,971 | Hard | Springing | No | No | NAP | 3.14x | NAP | 3.01x | 26.9% | 26.9% | 0 | 0 | 8 | L(28), Def or YM1(85), O(7) | |
10 | Loan | Darden Headquarters | NAP | $1,450,875 | Hard | In-Place | No | No | NAP | 1.68x | NAP | 1.67x | 69.9% | 69.9% | 0 | 0 | 6 | L(29), Def(86), O(5) | |
11 | Loan | Great Wolf Lodge Southern California | NAP | $1,597,879 | Soft | Springing | No | No | NAP | 2.74x | NAP | 2.41x | 49.5% | 49.5% | 0 | 0 | 11 | L(27), Def(86), O(7) | |
12 | Loan | Ambassador Crossing | $1,646,399 | $1,278,514 | Hard | In-Place | No | No | 1.48x | 1.91x | 1.37x | 1.77x | 64.6% | 59.4% | 0 | 0 | 6 | L(35), Def(81), O(4) | |
13 | Loan | 167 Graham Avenue | NAP | $1,162,140 | None | None | No | No | NAP | 1.46x | NAP | 1.45x | 65.9% | 65.9% | 0 | 0 | 6 | L(24), Def(90), O(6) | |
14 | Loan | Cardenas Market Center | NAP | $757,405 | Springing | Springing | No | No | NAP | 2.59x | NAP | 2.48x | 60.7% | 60.7% | 0 | 0 | 6 | L(24), Def(92), O(4) | |
15 | Loan | 12-18 Meserole | NAP | $885,084 | None | None | No | No | NAP | 1.41x | NAP | 1.40x | 63.1% | 63.1% | 0 | 0 | 6 | L(25), Def(89), O(6) |
A-1-11
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGE LOAN CHARACTERISTICS | ||||||||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | 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)(20) | Maturity Date LTV Ratio(7) | Grace Period to Late Charge (Days) | Grace Period to Default (Days) | Due Date | Prepayment Provisions (No. of Payments)(11)(12) | |
16 | Loan | Kings Mountain Center | $1,051,899 | $801,479 | Hard | Springing | No | No | 1.86x | 2.45x | 1.75x | 2.30x | 56.0% | 51.4% | 5 | 5 | 1 | L(25), YM1(1), Def or YM1(89), O(5) | ||
17 | Loan | 950 2nd Avenue | NAP | $652,488 | Hard | Springing | No | No | NAP | 1.67x | NAP | 1.66x | 54.1% | 54.1% | 0 | 0 | 6 | L(24), Def(92), O(4) | ||
18 | Loan | Towneplace Suites Lakeland | $907,666 | $698,316 | Hard | Springing | No | Group A | 1.87x | 2.43x | 1.70x | 2.21x | 72.5% | 60.8% | 0 | 0 | 6 | L(35), Def(80), O(5) | ||
19 | Loan | Equinox Bloomfield Hills | NAP | $802,542 | Hard | Springing | No | No | NAP | 1.42x | NAP | 1.42x | 68.8% | 68.8% | 5 | 0 | 6 | L(27), Def(86), O(7) | ||
20 | Loan | Maple Research Office Park | $959,163 | $787,792 | Springing | Springing | No | No | 1.87x | 2.27x | 1.60x | 1.95x | 68.3% | 61.2% | 0 | 0 | 6 | L(24), Def(91), O(5) | ||
21 | Loan | Hunter Plaza | $851,231 | $638,750 | Springing | Springing | No | No | 1.63x | 2.17x | 1.58x | 2.10x | 66.7% | 55.5% | 7 | 7 | 1 | L(24), Def(93), O(3) | ||
22 | Loan | The Grove at Winter Park | $812,966 | $655,581 | Hard | Springing | No | No | 1.52x | 1.88x | 1.42x | 1.76x | 66.7% | 61.8% | 0 | 0 | 6 | L(24), Def(93), O(3) | ||
23 | Loan | Quail Hollow | $757,878 | NAP | Hard | Springing | No | No | 1.73x | NAP | 1.50x | NAP | 73.0% | 59.8% | 0 | 0 | 6 | L(24), Def(92), O(4) | ||
24 | Loan | Hampton Inn Livonia | $729,889 | NAP | Springing | Springing | No | No | 1.87x | NAP | 1.68x | NAP | 58.9% | 48.3% | 0 | 0 | 6 | L(25), Def(90), O(5) | ||
25 | Loan | University Square Bozeman | $710,848 | $553,016 | Springing | Springing | No | No | 1.57x | 2.01x | 1.45x | 1.86x | 59.6% | 54.8% | 7 | 7 | 1 | L(24), YM1(92), O(4) | ||
26 | Loan | Schnader Properties Portfolio | $504,106 | $504,106 | Springing | Springing | No | No | 2.14x | 2.14x | 2.05x | 2.05x | 61.6% | 61.6% | 7 | 7 | 1 | L(24), Def(93), O(3) | ||
26.01 | Property | Turnquist Apartments | 2.14x | 2.14x | 2.05x | 2.05x | 61.6% | 61.6% | ||||||||||||
26.02 | Property | Northern Parkway Apartments | 2.14x | 2.14x | 2.05x | 2.05x | 61.6% | 61.6% | ||||||||||||
26.03 | Property | Cypress Garden Apartments | 2.14x | 2.14x | 2.05x | 2.05x | 61.6% | 61.6% | ||||||||||||
26.04 | Property | Harford Road Apartments (5101-5105) | 2.14x | 2.14x | 2.05x | 2.05x | 61.6% | 61.6% | ||||||||||||
27 | Loan | Staybridge Suites Austin South | $675,764 | NAP | Springing | Springing | No | No | 1.85x | NAP | 1.68x | NAP | 67.8% | 51.0% | 5 | 5 | 1 | L(25), Def(91), O(4) | ||
28 | Loan | 616 Lofts on Michigan | $603,686 | $475,889 | Soft | Springing | No | No | 1.41x | 1.78x | 1.36x | 1.72x | 73.9% | 66.9% | 0 | 0 | 6 | L(24), Def(92), O(4) | ||
29 | Loan | 1600 Western Buildings | $580,428 | $457,163 | Springing | Springing | No | No | 1.90x | 2.42x | 1.69x | 2.14x | 69.8% | 58.9% | 7 | 7 | 1 | L(25), Def(92), O(3) | ||
30 | Loan | Towneplace Suites Albuquerque | $538,325 | $410,169 | Hard | Springing | No | Group A | 2.05x | 2.69x | 1.84x | 2.42x | 69.6% | 58.2% | 0 | 0 | 6 | L(35), Def(80), O(5) | ||
31 | Loan | 3030 Bridgeway | NAP | $407,811 | Springing | Springing | No | No | NAP | 1.85x | NAP | 1.80x | 65.0% | 65.0% | 0 | 0 | 6 | L(25), Def(92), O(3) | ||
32 | Loan | Bell Creek Commons | $521,070 | $393,845 | Hard | Springing | No | No | 1.77x | 2.34x | 1.68x | 2.23x | 68.5% | 62.8% | 0 | 0 | 6 | L(18), YM1(97), O(5) | ||
33 | Loan | All Storage Watauga | NAP | $351,211 | Springing | Springing | No | No | NAP | 2.17x | NAP | 2.14x | 61.5% | 61.5% | 0 | 0 | 1 | L(25), Def(91), O(4) | ||
34 | Loan | VASA Fitness Denver | $508,331 | NAP | Hard | Springing | No | Group B | 1.53x | NAP | 1.42x | NAP | 68.3% | 55.9% | 0 | 0 | 1 | L(36), YM1(77), O(7) | ||
35 | Loan | Ambassador Way | $436,881 | $306,032 | Springing | Springing | No | No | 2.89x | 4.13x | 2.63x | 3.75x | 50.2% | 45.5% | 0 | 0 | 1 | L(24), Def(92), O(4) | ||
36 | Loan | RV Ranch of Keene | $517,340 | NAP | Springing | Springing | No | No | 1.67x | NAP | 1.65x | NAP | 55.1% | 42.0% | 0 | 0 | 6 | L(25), Def(91), O(4) | ||
37 | Loan | Union Crossing | $472,617 | NAP | Springing | Springing | No | No | 1.79x | NAP | 1.64x | NAP | 74.6% | 62.6% | 0 | 0 | 6 | L(29), Def(87), O(4) | ||
38 | Loan | VASA Fitness Spanish Fork | $409,207 | NAP | Hard | Springing | No | Group B | 1.50x | NAP | 1.39x | NAP | 70.0% | 57.3% | 0 | 0 | 1 | L(36), YM1(77), O(7) | ||
39 | Loan | Comfort Suites Grand Rapids North | $378,983 | NAP | Springing | Springing | No | No | 2.72x | NAP | 2.44x | NAP | 60.9% | 49.6% | 0 | 0 | 6 | L(25), Def(91), O(4) | ||
40 | Loan | 27 East 20th Street | NAP | $328,500 | Hard | Springing | No | No | NAP | 1.29x | NAP | 1.28x | 62.5% | 62.5% | 0 | 0 | 6 | L(24), Def(92), O(4) | ||
41 | Loan | VASA Fitness Kaysville | $378,071 | NAP | Hard | Springing | No | Group B | 1.50x | NAP | 1.38x | NAP | 69.2% | 56.7% | 0 | 0 | 1 | L(36), YM1(77), O(7) | ||
42 | Loan | Buffalo Springs Point | $350,952 | $270,262 | Springing | Springing | No | No | 1.51x | 1.96x | 1.46x | 1.89x | 68.3% | 58.7% | 7 | 7 | 1 | L(24), Def(90), O(6) | ||
43 | Loan | CrestHill Suites - East Syracuse | $368,452 | NAP | Springing | Springing | No | No | 2.12x | NAP | 1.90x | NAP | 60.0% | 45.9% | 0 | 0 | 1 | L(27), Def(89), O(4) | ||
44 | Loan | Albertsons | $289,095 | $236,606 | Hard | Springing | No | No | 1.37x | 1.67x | 1.37x | 1.67x | 65.3% | 57.2% | 0 | 0 | 6 | L(30), Def(87), O(3) | ||
45 | Loan | Naples Retail Center | $269,150 | NAP | Hard | Springing | No | No | 1.49x | NAP | 1.39x | NAP | 70.3% | 59.2% | 0 | 0 | 6 | L(26), Def(91), O(3) | ||
46 | Loan | Walnut Professional Building | NAP | $145,493 | Springing | Springing | No | No | NAP | 4.08x | NAP | 3.88x | 35.0% | 35.0% | 0 | 0 | 6 | L(25), Def(91), O(4) | ||
47 | Loan | Microtel Michigan City | $279,663 | NAP | Hard | Springing | No | No | 1.83x | NAP | 1.65x | NAP | 59.3% | 46.5% | 0 | 0 | 6 | L(24), Def(92), O(4) |
A-1-12
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(13) | ||||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | 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 | |
1 | Loan | 3 Columbus Circle | $50,161,202 | $14,968,652 | $35,192,550 | 12/31/2016 | 7.2% | $50,952,874 | $16,254,124 | $34,698,749 | 12/31/2017 | 7.1% | $57,324,235 | $17,233,200 | ||
2 | Loan | GNL Industrial Portfolio | $5,518,396 | $377,547 | $5,140,849 | 12/31/2016 | 5.3% | $6,182,891 | $1,102,029 | $5,080,862 | 12/31/2017 | 5.2% | $8,380,527 | $681,408 | ||
2.01 | Property | FedEx Ground Package System - San Antonio | $1,761,865 | $43,682 | $1,718,183 | 12/31/2016 | 5.3% | $2,242,663 | $576,938 | $1,665,725 | 12/31/2017 | 5.2% | $1,761,799 | $58,961 | ||
2.02 | Property | Rubbermaid - Akron | N/A | N/A | N/A | N/A | 5.3% | N/A | N/A | N/A | N/A | 5.2% | $796,373 | $44,479 | ||
2.03 | Property | Bush Industries - Jamestown | N/A | N/A | N/A | N/A | 5.3% | N/A | N/A | N/A | N/A | 5.2% | $365,930 | $12,048 | ||
2.04 | Property | Chemours - Pass Christian | N/A | N/A | N/A | N/A | 5.3% | N/A | N/A | N/A | N/A | 5.2% | $1,077,295 | $55,988 | ||
2.05 | Property | Wolverine World Wide - Howard City | $1,369,911 | $52,972 | $1,316,939 | 12/31/2016 | 5.3% | $1,345,947 | $29,587 | $1,316,360 | 12/31/2017 | 5.2% | $1,359,074 | $46,105 | ||
2.06 | Property | FedEx Freight - Greenville | N/A | N/A | N/A | N/A | 5.3% | N/A | N/A | N/A | N/A | 5.2% | $191,489 | $4,855 | ||
2.07 | Property | Diebold Nixdorf - North Canton | $815,221 | $33,871 | $781,350 | 12/31/2016 | 5.3% | $1,073,139 | $306,478 | $766,661 | 12/31/2017 | 5.2% | $968,216 | $185,440 | ||
2.08 | Property | FedEx Freight - Blackfoot | N/A | N/A | N/A | N/A | 5.3% | N/A | N/A | N/A | N/A | 5.2% | $255,756 | $7,686 | ||
2.09 | Property | Mapes & Sprowl Steel - Elk Grove Village | $433,824 | $9,506 | $424,318 | 12/31/2016 | 5.3% | $440,340 | $11,354 | $428,986 | 12/31/2017 | 5.2% | $446,940 | $12,079 | ||
2.10 | Property | XPO Logistics - Grand Rapids | $253,032 | $63,981 | $189,051 | 12/31/2016 | 5.3% | $254,361 | $58,130 | $196,231 | 12/31/2017 | 5.2% | $255,550 | $59,605 | ||
2.11 | Property | XPO Logistics - Aurora | $187,620 | $23,214 | $164,406 | 12/31/2016 | 5.3% | $189,670 | $26,325 | $163,345 | 12/31/2017 | 5.2% | $188,232 | $25,163 | ||
2.12 | Property | XPO Logistics - Salina | $233,566 | $42,417 | $191,149 | 12/31/2016 | 5.3% | $218,698 | $27,623 | $191,075 | 12/31/2017 | 5.2% | $230,732 | $40,493 | ||
2.13 | Property | XPO Logistics - Riverton | $116,328 | $21,105 | $95,223 | 12/31/2016 | 5.3% | $117,616 | $23,575 | $94,041 | 12/31/2017 | 5.2% | $117,821 | $23,147 | ||
2.14 | Property | XPO Logistics - Waite Park | $129,384 | $45,687 | $83,697 | 12/31/2016 | 5.3% | $79,533 | ($5,957) | $85,490 | 12/31/2017 | 5.2% | $129,395 | $42,753 | ||
2.15 | Property | XPO Logistics - Uhrichsville | $124,705 | $21,145 | $103,560 | 12/31/2016 | 5.3% | $124,240 | $23,560 | $100,680 | 12/31/2017 | 5.2% | $143,726 | $42,312 | ||
2.16 | Property | XPO Logistics - Vincennes | $92,940 | $19,967 | $72,973 | 12/31/2016 | 5.3% | $96,684 | $24,416 | $72,268 | 12/31/2017 | 5.2% | $92,199 | $20,294 | ||
3 | Loan | Embassy Suites Seattle Bellevue | $15,721,867 | $10,687,615 | $5,034,252 | 12/31/2017 | 12.1% | $15,668,807 | $10,769,832 | $4,898,975 | 12/31/2018 | 11.8% | $15,473,316 | $10,600,074 | ||
4 | Loan | SWVP Portfolio | $66,365,215 | $43,211,736 | $23,153,479 | 12/31/2017 | 11.6% | $66,729,172 | $43,480,214 | $23,248,958 | 12/31/2018 | 11.6% | $67,602,311 | $43,879,064 | ||
4.01 | Property | InterContinental | $30,980,767 | $19,766,718 | $11,214,049 | 12/31/2017 | 11.6% | $31,180,753 | $19,795,133 | $11,385,620 | 12/31/2018 | 11.6% | $32,071,611 | $20,134,221 | ||
4.02 | Property | DoubleTree Sunrise | $14,245,690 | $9,631,768 | $4,613,922 | 12/31/2017 | 11.6% | $14,475,487 | $9,819,873 | $4,655,614 | 12/31/2018 | 11.6% | $14,545,915 | $9,864,856 | ||
4.03 | Property | DoubleTree Charlotte | $10,767,997 | $6,684,584 | $4,083,413 | 12/31/2017 | 11.6% | $10,311,960 | $6,543,660 | $3,768,300 | 12/31/2018 | 11.6% | $10,215,358 | $6,532,670 | ||
4.04 | Property | DoubleTree RTP | $10,370,761 | $7,128,666 | $3,242,095 | 12/31/2017 | 11.6% | $10,760,972 | $7,321,548 | $3,439,424 | 12/31/2018 | 11.6% | $10,769,427 | $7,347,317 | ||
5 | Loan | Hilton Baltimore BWI Airport | $16,127,793 | $11,387,511 | $4,740,282 | 12/31/2017 | 12.0% | $16,901,863 | $11,714,555 | $5,187,308 | 12/31/2018 | 13.2% | $16,795,687 | $11,653,707 | ||
6 | Loan | Santa Fe Portfolio | $4,313,102 | $1,330,644 | $2,982,458 | 12/31/2016 | 8.3% | $4,397,160 | $1,339,319 | $3,057,840 | 12/31/2017 | 8.6% | $5,123,351 | $1,365,783 | ||
6.01 | Property | The Peters Project | $1,200,024 | $38,878 | $1,161,146 | 12/31/2016 | 8.3% | $1,200,026 | $31,652 | $1,168,374 | 12/31/2017 | 8.6% | $1,206,625 | $7,955 | ||
6.02 | Property | Plaza Mercado | $1,445,810 | $689,802 | $756,008 | 12/31/2016 | 8.3% | $1,470,916 | $720,300 | $750,616 | 12/31/2017 | 8.6% | $1,468,582 | $662,794 | ||
6.03 | Property | Century Plaza | $786,294 | $198,149 | $588,146 | 12/31/2016 | 8.3% | $815,423 | $187,743 | $627,680 | 12/31/2017 | 8.6% | $826,766 | $189,789 | ||
6.04 | Property | Peters Corp. HQ | N/A | N/A | N/A | N/A | 8.3% | N/A | N/A | N/A | N/A | 8.6% | $320,472 | $72,978 | ||
6.05 | Property | Santa Fe Properties | $240,007 | $42,185 | $197,823 | 12/31/2016 | 8.3% | $240,008 | $41,381 | $198,627 | 12/31/2017 | 8.6% | $241,661 | $16,203 | ||
6.06 | Property | Springer Plaza | $390,745 | $298,624 | $92,121 | 12/31/2016 | 8.3% | $412,514 | $294,554 | $117,960 | 12/31/2017 | 8.6% | $365,503 | $250,136 | ||
6.07 | Property | 132 E. Marcy | N/A | N/A | N/A | N/A | 8.3% | N/A | N/A | N/A | N/A | 8.6% | $213,312 | $47,708 | ||
6.08 | Property | Bendelier House | $139,032 | $32,313 | $106,719 | 12/31/2016 | 8.3% | $146,482 | $30,056 | $116,426 | 12/31/2017 | 8.6% | $145,423 | $35,489 | ||
6.09 | Property | 216 Washington | N/A | N/A | N/A | N/A | 8.3% | N/A | N/A | N/A | N/A | 8.6% | $148,848 | $35,379 | ||
6.10 | Property | El Mercado Viejo | $111,189 | $30,694 | $80,496 | 12/31/2016 | 8.3% | $111,791 | $33,633 | $78,158 | 12/31/2017 | 8.6% | $112,091 | $29,990 | ||
6.11 | Property | 417-419 Orchard | N/A | N/A | N/A | N/A | 8.3% | N/A | N/A | N/A | N/A | 8.6% | $74,067 | $17,362 | ||
7 | Loan | ExchangeRight Net Leased Portfolio 26 | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.01 | Property | Hy-Vee - Oakdale (10th Street), MN | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.02 | Property | Pick n Save - Wausau (Bridge), WI | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.03 | Property | Tractor Supply - Conroe (Hwy 242), TX | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.04 | Property | Walgreens - Chalmette (West Judge Perez), LA | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.05 | Property | Tractor Supply - Santa Fe (FM 1764), TX | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.06 | Property | Tractor Supply - Odessa (Interstate 20), TX | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.07 | Property | Walgreens - Cincinnati (Bridgetown), OH | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.08 | Property | Walgreens - Lafayette (Creasy Lane), IN | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.09 | Property | Walgreens - McDonough (Hwy 81), GA | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.10 | Property | CVS - Fayetteville, GA | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.11 | Property | Tractor Supply - Conyers (Highway 20), GA | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.12 | Property | Walgreens - Milwaukee (Howell), WI | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.13 | Property | Advance Auto Parts - Midlothian, VA | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.14 | Property | AutoZone - Merrillville (Colorado), IN | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.15 | Property | Dollar General - Uniontown (Cleveland), OH | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.16 | Property | Dollar General - Cleveland (Dalton), TN | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.17 | Property | Dollar General - Edinburg (Hwy 107), TX | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.18 | Property | Dollar General - Alton (West Main), TX | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
7.19 | Property | Dollar General - Clarksville (Ash Ridge), TN | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
8 | Loan | The Box House Hotel | $5,726,084 | $3,498,246 | $2,227,838 | 12/31/2017 | 7.2% | $7,505,979 | $4,071,990 | $3,433,989 | 12/31/2018 | 11.1% | $7,664,076 | $4,081,489 | ||
9 | Loan | 787 Eleventh Avenue | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
10 | Loan | Darden Headquarters | $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 | ||
11 | Loan | Great Wolf Lodge Southern California | $73,181,700 | $56,397,508 | $16,784,192 | 12/31/2017 | 11.2% | $83,918,394 | $62,245,360 | $21,673,034 | 12/31/2018 | 14.4% | $84,732,839 | $62,714,987 | ||
12 | Loan | Ambassador Crossing | $2,616,030 | $716,756 | $1,899,274 | 12/31/2016 | 7.3% | $3,087,931 | $898,814 | $2,189,117 | 12/31/2017 | 8.4% | $3,320,793 | $979,782 | ||
13 | Loan | 167 Graham Avenue | $2,255,193 | $632,622 | $1,622,570 | 12/31/2017 | 6.3% | $2,533,012 | $768,549 | $1,764,463 | 12/31/2018 | 6.9% | $2,552,125 | $803,755 | ||
14 | Loan | Cardenas Market Center | $2,510,089 | $588,535 | $1,921,554 | 12/31/2017 | 10.4% | $2,615,422 | $578,165 | $2,037,257 | 12/31/2018 | 11.0% | $2,605,418 | $584,939 | ||
15 | Loan | 12-18 Meserole | $1,396,259 | $109,229 | $1,287,030 | 12/31/2017 | 7.3% | $1,427,494 | $108,638 | $1,318,856 | 12/31/2018 | 7.5% | $1,430,019 | $106,582 |
A-1-13
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(13) | ||||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | 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 | |
16 | Loan | Kings Mountain Center | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
17 | Loan | 950 2nd Avenue | $861,956 | $219,379 | $642,577 | 12/31/2016 | 4.2% | $1,329,588 | $367,118 | $962,470 | 12/31/2017 | 6.3% | $1,425,983 | $375,363 | ||
18 | Loan | Towneplace Suites Lakeland | $3,652,692 | $1,936,525 | $1,716,167 | 12/31/2017 | 11.8% | $3,889,796 | $2,106,439 | $1,783,357 | 12/31/2018 | 12.3% | $3,930,033 | $2,121,688 | ||
19 | Loan | Equinox Bloomfield Hills | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
20 | Loan | Maple Research Office Park | $2,359,503 | $939,550 | $1,419,953 | 12/31/2017 | 10.1% | $2,277,276 | $1,067,664 | $1,209,612 | 12/31/2018 | 8.6% | $2,335,990 | $962,412 | ||
21 | Loan | Hunter Plaza | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
22 | Loan | The Grove at Winter Park | N/A | N/A | N/A | N/A | NAP | $451,382 | $304,041 | $147,342 | 12/31/2017 | 1.2% | $1,232,300 | $387,893 | ||
23 | Loan | Quail Hollow | $1,860,351 | $279,019 | $1,581,332 | 12/31/2017 | 13.3% | $1,902,477 | $271,686 | $1,630,791 | 12/31/2018 | 13.7% | $1,902,477 | $271,686 | ||
24 | Loan | Hampton Inn Livonia | N/A | N/A | N/A | N/A | NAP | $3,257,703 | $1,872,132 | $1,385,571 | 12/31/2018 | 12.1% | $3,454,028 | $1,999,638 | ||
25 | Loan | University Square Bozeman | $1,466,482 | $460,162 | $1,006,320 | 12/31/2016 | 9.0% | $1,468,701 | $433,991 | $1,034,710 | 12/31/2017 | 9.2% | $1,428,401 | $462,670 | ||
26 | Loan | Schnader Properties Portfolio | $1,776,709 | $708,133 | $1,068,576 | 12/31/2016 | 9.7% | $1,762,923 | $705,975 | $1,056,948 | 12/31/2017 | 9.6% | $1,843,709 | $734,757 | ||
26.01 | Property | Turnquist Apartments | $1,115,113 | $427,465 | $687,648 | 12/31/2016 | 9.7% | $1,113,145 | $439,013 | $674,132 | 12/31/2017 | 9.6% | $1,148,896 | $448,577 | ||
26.02 | Property | Northern Parkway Apartments | $297,115 | $132,662 | $164,453 | 12/31/2016 | 9.7% | $272,007 | $118,352 | $153,655 | 12/31/2017 | 9.6% | $316,293 | $130,451 | ||
26.03 | Property | Cypress Garden Apartments | $191,932 | $86,404 | $105,528 | 12/31/2016 | 9.7% | $206,466 | $84,555 | $121,911 | 12/31/2017 | 9.6% | $207,126 | $90,211 | ||
26.04 | Property | Harford Road Apartments (5101-5105) | $172,549 | $61,602 | $110,947 | 12/31/2016 | 9.7% | $171,305 | $64,055 | $107,250 | 12/31/2017 | 9.6% | $171,394 | $65,518 | ||
27 | Loan | Staybridge Suites Austin South | $2,367,997 | $1,276,084 | $1,091,913 | 12/31/2017 | 11.5% | $2,543,640 | $1,360,357 | $1,183,283 | 12/31/2018 | 12.5% | $2,784,317 | $1,485,944 | ||
28 | Loan | 616 Lofts on Michigan | $876,761 | $336,655 | $540,106 | 12/31/2017 | 5.8% | $1,016,009 | $301,078 | $714,931 | 12/31/2018 | 7.6% | $1,057,565 | $267,253 | ||
29 | Loan | 1600 Western Buildings | $1,385,339 | $658,636 | $726,703 | 12/31/2016 | 8.1% | $1,728,383 | $737,863 | $990,520 | 12/31/2017 | 11.0% | $1,812,659 | $667,681 | ||
30 | Loan | Towneplace Suites Albuquerque | $2,583,055 | $1,634,748 | $948,308 | 12/31/2017 | 10.9% | $2,752,176 | $1,682,960 | $1,069,216 | 12/31/2018 | 12.3% | $2,802,289 | $1,693,758 | ||
31 | Loan | 3030 Bridgeway | $1,215,056 | $471,291 | $743,764 | 12/31/2017 | 8.6% | $1,264,886 | $491,375 | $773,510 | 12/31/2018 | 8.9% | $1,267,399 | $486,409 | ||
32 | Loan | Bell Creek Commons | $1,242,976 | $202,160 | $1,040,816 | 12/31/2017 | 12.2% | $1,191,004 | $206,068 | $984,936 | 12/31/2018 | 11.6% | $1,187,985 | $204,981 | ||
33 | Loan | All Storage Watauga | $1,105,070 | $355,646 | $749,424 | 12/31/2017 | 9.4% | $1,145,747 | $384,764 | $760,983 | 12/31/2018 | 9.5% | $1,147,248 | $387,679 | ||
34 | Loan | VASA Fitness Denver | N/A | N/A | N/A | N/A | NAP | $903,645 | $99,534 | $804,111 | 12/31/2018 | 10.1% | $919,391 | $101,285 | ||
35 | Loan | Ambassador Way | $1,757,430 | $401,299 | $1,356,131 | 12/31/2017 | 17.6% | $1,729,804 | $412,009 | $1,317,795 | 12/31/2018 | 17.1% | $1,734,132 | $408,448 | ||
36 | Loan | RV Ranch of Keene | $1,259,986 | $493,136 | $766,850 | 12/31/2017 | 11.0% | $1,353,049 | $495,184 | $857,865 | 12/31/2018 | 12.3% | $1,382,155 | $515,003 | ||
37 | Loan | Union Crossing | $905,232 | $326,063 | $579,169 | 12/31/2016 | 8.3% | $1,078,081 | $371,718 | $706,363 | 12/21/2017 | 10.2% | $1,126,751 | $329,242 | ||
38 | Loan | VASA Fitness Spanish Fork | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
39 | Loan | Comfort Suites Grand Rapids North | $2,556,997 | $1,531,208 | $1,025,789 | 12/31/2017 | 16.8% | $2,582,550 | $1,482,046 | $1,100,504 | 12/31/2018 | 18.1% | $2,589,350 | $1,471,272 | ||
40 | Loan | 27 East 20th Street | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
41 | Loan | VASA Fitness Kaysville | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
42 | Loan | Buffalo Springs Point | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
43 | Loan | CrestHill Suites - East Syracuse | N/A | N/A | N/A | N/A | NAP | $1,901,330 | $1,269,503 | $631,827 | 12/31/2017 | 12.7% | $2,066,166 | $1,300,287 | ||
44 | Loan | Albertsons | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | ||
45 | Loan | Naples Retail Center | $418,089 | $186,657 | $231,432 | 12/31/2016 | 6.0% | $480,945 | $156,783 | $324,162 | 12/31/2017 | 8.4% | $532,130 | $174,088 | ||
46 | Loan | Walnut Professional Building | $769,604 | $320,904 | $448,700 | 12/31/2017 | 12.8% | $869,725 | $308,293 | $561,432 | 12/31/2018 | 16.0% | $874,555 | $324,231 | ||
47 | Loan | Microtel Michigan City | $1,377,206 | $789,533 | $587,673 | 12/31/2017 | 16.8% | $1,274,578 | $752,528 | $522,050 | 12/31/2018 | 14.9% | $1,242,928 | $744,279 |
A-1-14
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(13) | LARGEST TENANT INFORMATION(14)(15) | ||||||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | Most Recent NOI | Most Recent NOI Date | Most Recent NOI Debt Yield | UW Occupancy | UW Revenues(14) | UW Expenses | UW NOI | UW NOI Debt Yield(20) | UW Capital Items | UW NCF | UW NCF Debt Yield(20) | Largest Tenant(5) | Largest Tenant Lease Expiration(16) | Largest Tenant NSF | Largest Tenant % of NSF | |
1 | Loan | 3 Columbus Circle | $40,091,035 | 12/31/2018 | 8.2% | 97.9% | $79,416,007 | $18,918,555 | $60,497,452 | 12.3% | $3,903,373 | $56,594,080 | 11.5% | Young & Rubicam, Inc. | 8/31/2033 | 375,236 | 49.8% | ||
2 | Loan | GNL Industrial Portfolio | $7,699,119 | 12/31/2018 | 7.9% | 95.0% | $13,786,508 | $4,190,341 | $9,596,167 | 9.8% | $787,901 | $8,808,266 | 9.0% | Various | Various | Various | Various | ||
2.01 | Property | FedEx Ground Package System - San Antonio | $1,702,838 | 12/31/2018 | 7.9% | 95.0% | $2,332,456 | $787,427 | $1,545,029 | 9.8% | $83,180 | $1,461,850 | 9.0% | FedEx Ground Package System, Inc. | 8/31/2022 | 168,576 | 100.0% | ||
2.02 | Property | Rubbermaid - Akron | $751,894 | 12/31/2018 | 7.9% | 95.0% | $1,815,686 | $379,093 | $1,436,593 | 9.8% | $160,061 | $1,276,531 | 9.0% | Rubbermaid Incorporated | 1/31/2029 | 668,592 | 100.0% | ||
2.03 | Property | Bush Industries - Jamestown | $353,882 | 12/31/2018 | 7.9% | 95.0% | $2,217,787 | $979,841 | $1,237,947 | 9.8% | $175,912 | $1,062,035 | 9.0% | Bush Industries, Inc. | 9/27/2038 | 456,094 | 100.0% | ||
2.04 | Property | Chemours - Pass Christian | $1,021,307 | 12/31/2018 | 7.9% | 95.0% | $1,611,092 | $482,077 | $1,129,015 | 9.8% | $81,067 | $1,047,948 | 9.0% | The Chemours Company | 1/31/2028 | 300,000 | 100.0% | ||
2.05 | Property | Wolverine World Wide - Howard City | $1,312,969 | 12/31/2018 | 7.9% | 95.0% | $1,805,273 | $603,964 | $1,201,308 | 9.8% | $74,191 | $1,127,117 | 9.0% | Wolverine World Wide, Inc. | 1/31/2023 | 468,635 | 100.0% | ||
2.06 | Property | FedEx Freight - Greenville | $186,634 | 12/31/2018 | 7.9% | 95.0% | $756,849 | $83,462 | $673,386 | 9.8% | $29,880 | $643,506 | 9.0% | FedEx Freight Corporation | 7/31/2033 | 29,051 | 100.0% | ||
2.07 | Property | Diebold Nixdorf - North Canton | $782,776 | 12/31/2018 | 7.9% | 95.0% | $992,445 | $258,903 | $733,542 | 9.8% | $80,149 | $653,393 | 9.0% | Diebold Nixdorf Incorporated | 6/30/2025 | 158,330 | 100.0% | ||
2.08 | Property | FedEx Freight - Blackfoot | $248,070 | 12/31/2018 | 7.9% | 95.0% | $475,795 | $80,409 | $395,386 | 9.8% | $18,387 | $376,999 | 9.0% | FedEx Freight Corporation | 9/6/2032 | 21,574 | 100.0% | ||
2.09 | Property | Mapes & Sprowl Steel - Elk Grove Village | $434,861 | 12/31/2018 | 7.9% | 95.0% | $609,886 | $196,321 | $413,566 | 9.8% | $25,000 | $388,566 | 9.0% | Mapes & Sprowl Steel, Ltd. | 1/9/2030 | 60,798 | 100.0% | ||
2.10 | Property | XPO Logistics - Grand Rapids | $195,945 | 12/31/2018 | 7.9% | 95.0% | $267,773 | $88,840 | $178,933 | 9.8% | $11,602 | $167,331 | 9.0% | XPO Logistics, Inc. | 11/30/2023 | 28,070 | 100.0% | ||
2.11 | Property | XPO Logistics - Aurora | $163,069 | 12/31/2018 | 7.9% | 95.0% | $196,897 | $46,331 | $150,566 | 9.8% | $7,456 | $143,110 | 9.0% | XPO Logistics, Inc. | 11/30/2023 | 15,700 | 100.0% | ||
2.12 | Property | XPO Logistics - Salina | $190,239 | 12/31/2018 | 7.9% | 95.0% | $228,450 | $52,479 | $175,972 | 9.8% | $10,986 | $164,986 | 9.0% | XPO Logistics, Inc. | 11/30/2023 | 15,029 | 100.0% | ||
2.13 | Property | XPO Logistics - Riverton | $94,674 | 12/31/2018 | 7.9% | 95.0% | $120,119 | $33,010 | $87,109 | 9.8% | $6,374 | $80,735 | 9.0% | XPO Logistics, Inc. | 11/30/2023 | 14,881 | 100.0% | ||
2.14 | Property | XPO Logistics - Waite Park | $86,642 | 12/31/2018 | 7.9% | 95.0% | $139,481 | $61,777 | $77,703 | 9.8% | $8,867 | $68,836 | 9.0% | XPO Logistics, Inc. | 11/30/2023 | 14,160 | 100.0% | ||
2.15 | Property | XPO Logistics - Uhrichsville | $101,414 | 12/31/2018 | 7.9% | 95.0% | $126,761 | $32,986 | $93,776 | 9.8% | $10,390 | $83,386 | 9.0% | XPO Logistics, Inc. | 11/30/2023 | 15,068 | 100.0% | ||
2.16 | Property | XPO Logistics - Vincennes | $71,905 | 12/31/2018 | 7.9% | 95.0% | $89,757 | $23,421 | $66,336 | 9.8% | $4,398 | $61,939 | 9.0% | XPO Logistics, Inc. | 11/30/2023 | 8,650 | 100.0% | ||
3 | Loan | Embassy Suites Seattle Bellevue | $4,873,242 | T12 4/30/2019 | 11.7% | 79.3% | $15,473,316 | $10,545,469 | $4,927,847 | 11.9% | $618,933 | $4,308,914 | 10.4% | NAP | NAP | NAP | NAP | ||
4 | Loan | SWVP Portfolio | $23,723,247 | T12 1/31/2019 | 11.9% | 80.3% | $67,719,285 | $43,853,764 | $23,865,520 | 11.9% | $3,385,964 | $20,479,556 | 10.2% | NAP | NAP | NAP | NAP | ||
4.01 | Property | InterContinental | $11,937,390 | T12 1/31/2019 | 11.9% | 78.7% | $32,072,057 | $20,123,933 | $11,948,124 | 11.9% | $1,603,603 | $10,344,521 | 10.2% | NAP | NAP | NAP | NAP | ||
4.02 | Property | DoubleTree Sunrise | $4,681,059 | T12 1/31/2019 | 11.9% | 87.2% | $14,545,812 | $9,838,315 | $4,707,496 | 11.9% | $727,291 | $3,980,206 | 10.2% | NAP | NAP | NAP | NAP | ||
4.03 | Property | DoubleTree Charlotte | $3,682,688 | T12 1/31/2019 | 11.9% | 80.5% | $10,331,719 | $6,558,669 | $3,773,050 | 11.9% | $516,586 | $3,256,464 | 10.2% | NAP | NAP | NAP | NAP | ||
4.04 | Property | DoubleTree RTP | $3,422,110 | T12 1/31/2019 | 11.9% | 76.1% | $10,769,697 | $7,332,847 | $3,436,850 | 11.9% | $538,485 | $2,898,365 | 10.2% | NAP | NAP | NAP | NAP | ||
5 | Loan | Hilton Baltimore BWI Airport | $5,141,980 | T12 2/28/2019 | 13.0% | 78.1% | $16,901,863 | $11,854,923 | $5,046,940 | 12.8% | $676,075 | $4,370,866 | 11.1% | NAP | NAP | NAP | NAP | ||
6 | Loan | Santa Fe Portfolio | $3,757,568 | 12/31/2018 | 10.5% | 95.0% | $5,364,362 | $1,579,250 | $3,785,111 | 10.6% | $218,058 | $3,567,053 | 10.0% | Various | Various | Various | Various | ||
6.01 | Property | The Peters Project | $1,198,669 | 12/31/2018 | 10.5% | 96.2% | $1,363,367 | $221,897 | $1,141,471 | 10.6% | $46,928 | $1,094,543 | 10.0% | Gerald Peters Gallery | 9/30/2033 | 46,928 | 100.0% | ||
6.02 | Property | Plaza Mercado | $805,789 | 12/31/2018 | 10.5% | 95.0% | $1,493,277 | $636,236 | $857,041 | 10.6% | $61,185 | $795,856 | 10.0% | Blue Corn Café | 9/30/2033 | 6,878 | 11.2% | ||
6.03 | Property | Century Plaza | $636,976 | 12/31/2018 | 10.5% | 91.0% | $759,475 | $177,078 | $582,397 | 10.6% | $47,318 | $535,079 | 10.0% | Pier One Imports | 4/30/2021 | 10,244 | 21.6% | ||
6.04 | Property | Peters Corp. HQ | $247,494 | 12/31/2018 | 10.5% | 97.0% | $328,231 | $80,358 | $247,873 | 10.6% | $9,924 | $237,949 | 10.0% | The Peters Corp 2 | 9/30/2033 | 9,924 | 100.0% | ||
6.05 | Property | Santa Fe Properties | $225,458 | 12/31/2018 | 10.5% | 96.4% | $330,861 | $93,689 | $237,172 | 10.6% | $12,473 | $224,699 | 10.0% | Santa Fe Properties | 9/30/2033 | 12,473 | 100.0% | ||
6.06 | Property | Springer Plaza | $115,368 | 12/31/2018 | 10.5% | 95.0% | $404,887 | $196,189 | $208,698 | 10.6% | $18,081 | $190,617 | 10.0% | The Silk Shop | 4/30/2019 | 1,363 | 7.5% | ||
6.07 | Property | 132 E. Marcy | $165,604 | 12/31/2018 | 10.5% | 95.0% | $202,424 | $54,336 | $148,088 | 10.6% | $9,309 | $138,779 | 10.0% | Santa Fe Reporter | MTM | 5,254 | 56.4% | ||
6.08 | Property | Bendelier House | $109,935 | 12/31/2018 | 10.5% | 97.0% | $150,904 | $33,176 | $117,728 | 10.6% | $4,379 | $113,349 | 10.0% | Gerald Peters Gallery 1 | 9/30/2033 | 4,379 | 100.0% | ||
6.09 | Property | 216 Washington | $113,469 | 12/31/2018 | 10.5% | 95.0% | $149,192 | $38,974 | $110,219 | 10.6% | $4,373 | $105,846 | 10.0% | Santa Fe Properties 2 | 9/30/2033 | 4,373 | 100.0% | ||
6.10 | Property | El Mercado Viejo | $82,101 | 12/31/2018 | 10.5% | 95.0% | $106,506 | $28,749 | $77,757 | 10.6% | $2,004 | $75,753 | 10.0% | Momeni Gallery | 10/31/2020 | 1,673 | 83.5% | ||
6.11 | Property | 417-419 Orchard | $56,705 | 12/31/2018 | 10.5% | 97.0% | $75,238 | $18,570 | $56,668 | 10.6% | $2,084 | $54,584 | 10.0% | Santa Fe Properties 3 | 9/30/2033 | 2,084 | 100.0% | ||
7 | Loan | ExchangeRight Net Leased Portfolio 26 | N/A | N/A | NAP | 95.0% | $5,336,942 | $229,205 | $5,107,737 | 9.3% | $198,572 | $4,909,165 | 8.9% | Various | Various | Various | Various | ||
7.01 | Property | Hy-Vee - Oakdale (10th Street), MN | N/A | N/A | NAP | 95.0% | $1,053,930 | $31,618 | $1,022,312 | 9.3% | $67,435 | $954,877 | 8.9% | Hy-Vee | 01/17/2039 | 96,336 | 100.0% | ||
7.02 | Property | Pick n Save - Wausau (Bridge), WI | N/A | N/A | NAP | 95.0% | $736,315 | $22,089 | $714,226 | 9.3% | $54,361 | $659,865 | 8.9% | Pick n Save | 02/28/2029 | 67,951 | 100.0% | ||
7.03 | Property | Tractor Supply - Conroe (Hwy 242), TX | N/A | N/A | NAP | 95.0% | $433,190 | $13,780 | $419,410 | 9.3% | $17,362 | $402,048 | 8.9% | Tractor Supply | 08/30/2033 | 21,702 | 100.0% | ||
7.04 | Property | Walgreens - Chalmette (West Judge Perez), LA | N/A | N/A | NAP | 95.0% | $384,750 | $11,543 | $373,208 | 9.3% | $0 | $373,208 | 8.9% | Walgreens | 11/30/2036 | 15,120 | 100.0% | ||
7.05 | Property | Tractor Supply - Santa Fe (FM 1764), TX | N/A | N/A | NAP | 95.0% | $310,018 | $10,085 | $299,934 | 9.3% | $17,362 | $282,572 | 8.9% | Tractor Supply | 05/31/2032 | 21,702 | 100.0% | ||
7.06 | Property | Tractor Supply - Odessa (Interstate 20), TX | N/A | N/A | NAP | 95.0% | $305,506 | $9,165 | $296,341 | 9.3% | $17,544 | $278,797 | 8.9% | Tractor Supply | 04/30/2031 | 21,930 | 100.0% | ||
7.07 | Property | Walgreens - Cincinnati (Bridgetown), OH | N/A | N/A | NAP | 95.0% | $299,535 | $8,986 | $290,549 | 9.3% | $3,059 | $287,490 | 8.9% | Walgreens | 2/28/2029 | 13,905 | 100.0% | ||
7.08 | Property | Walgreens - Lafayette (Creasy Lane), IN | N/A | N/A | NAP | 95.0% | $276,450 | $8,294 | $268,157 | 9.3% | $0 | $268,157 | 8.9% | Walgreens | 6/30/2033 | 14,820 | 100.0% | ||
7.09 | Property | Walgreens - McDonough (Hwy 81), GA | N/A | N/A | NAP | 95.0% | $263,150 | $7,895 | $255,256 | 9.3% | $0 | $255,256 | 8.9% | Walgreens | 2/28/2033 | 14,820 | 100.0% | ||
7.10 | Property | CVS - Fayetteville, GA | N/A | N/A | NAP | 95.0% | $194,061 | $5,822 | $188,239 | 9.3% | $0 | $188,239 | 8.9% | CVS | 04/30/2033 | 10,164 | 100.0% | ||
7.11 | Property | Tractor Supply - Conyers (Highway 20), GA | N/A | N/A | NAP | 95.0% | $199,500 | $6,663 | $192,837 | 9.3% | $15,278 | $177,559 | 8.9% | Tractor Supply | 07/31/2033 | 19,097 | 100.0% | ||
7.12 | Property | Walgreens - Milwaukee (Howell), WI | N/A | N/A | NAP | 95.0% | $147,250 | $4,418 | $142,833 | 9.3% | $2,477 | $140,355 | 8.9% | Walgreens | 7/31/2032 | 20,645 | 100.0% | ||
7.13 | Property | Advance Auto Parts - Midlothian, VA | N/A | N/A | NAP | 95.0% | $129,819 | $20,787 | $109,033 | 9.3% | $2,160 | $106,873 | 8.9% | Advance Auto Parts | 12/31/2028 | 12,000 | 100.0% | ||
7.14 | Property | AutoZone - Merrillville (Colorado), IN | N/A | N/A | NAP | 95.0% | $111,454 | $5,152 | $106,302 | 9.3% | $1,535 | $104,768 | 8.9% | Autozone | 12/31/2029 | 8,077 | 100.0% | ||
7.15 | Property | Dollar General - Uniontown (Cleveland), OH | N/A | N/A | NAP | 95.0% | $107,290 | $8,638 | $98,652 | 9.3% | $0 | $98,652 | 8.9% | Dollar General | 01/31/2034 | 9,100 | 100.0% | ||
7.16 | Property | Dollar General - Cleveland (Dalton), TN | N/A | N/A | NAP | 95.0% | $93,725 | $3,335 | $90,390 | 9.3% | $0 | $90,390 | 8.9% | Dollar General | 11/30/2033 | 9,026 | 100.0% | ||
7.17 | Property | Dollar General - Edinburg (Hwy 107), TX | N/A | N/A | NAP | 95.0% | $99,242 | $15,718 | $83,524 | 9.3% | $0 | $83,524 | 8.9% | Dollar General | 05/31/2029 | 9,100 | 100.0% | ||
7.18 | Property | Dollar General - Alton (West Main), TX | N/A | N/A | NAP | 95.0% | $100,359 | $20,160 | $80,198 | 9.3% | $0 | $80,198 | 8.9% | Dollar General | 08/31/2029 | 9,026 | 100.0% | ||
7.19 | Property | Dollar General - Clarksville (Ash Ridge), TN | N/A | N/A | NAP | 95.0% | $91,398 | $15,060 | $76,338 | 9.3% | $0 | $76,338 | 8.9% | Dollar General | 04/30/2029 | 9,026 | 100.0% | ||
8 | Loan | The Box House Hotel | $3,582,587 | T12 4/30/2019 | 11.6% | 67.5% | $7,664,076 | $4,070,461 | $3,593,615 | 11.6% | $306,563 | $3,287,052 | 10.6% | NAP | NAP | NAP | NAP | ||
9 | Loan | 787 Eleventh Avenue | N/A | N/A | NAP | 88.2% | $33,408,153 | $8,150,648 | $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% | ||
10 | Loan | Darden Headquarters | $8,324,426 | 12/31/2018 | 7.6% | 97.0% | $13,482,829 | $4,570,793 | $8,912,036 | 8.1% | $52,556 | $8,859,480 | 8.1% | Darden | 10/31/2035 | 525,000 | 100.0% | ||
11 | Loan | Great Wolf Lodge Southern California | $22,017,852 | T12 1/31/2019 | 14.7% | 80.8% | $84,732,839 | $62,846,900 | $21,885,939 | 14.6% | $2,640,560 | $19,245,379 | 12.8% | NAP | NAP | NAP | NAP | ||
12 | Loan | Ambassador Crossing | $2,341,010 | 12/31/2018 | 9.0% | 91.4% | $3,378,622 | $939,416 | $2,439,206 | 9.4% | $176,345 | $2,262,861 | 8.7% | Whole Foods Market | 9/30/2034 | 36,170 | 29.3% | ||
13 | Loan | 167 Graham Avenue | $1,748,370 | T12 3/31/2019 | 6.8% | 95.0% | $2,582,511 | $880,215 | $1,702,297 | 6.6% | $15,822 | $1,686,475 | 6.6% | NAP | NAP | NAP | NAP | ||
14 | Loan | Cardenas Market Center | $2,020,479 | T12 3/31/2019 | 10.9% | 95.3% | $2,532,552 | $567,765 | $1,964,787 | 10.6% | $86,902 | $1,877,885 | 10.2% | Cardenas Markets | 8/31/2036 | 46,954 | 69.9% | ||
15 | Loan | 12-18 Meserole | $1,323,437 | T12 3/31/2019 | 7.5% | 95.0% | $1,367,207 | $121,454 | $1,245,752 | 7.1% | $7,000 | $1,238,752 | 7.0% | NAP | NAP | NAP | NAP |
A-1-15
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(13) | LARGEST TENANT INFORMATION(14)(15) | |||||||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | Most Recent NOI | Most Recent NOI Date | Most Recent NOI Debt Yield | UW Occupancy | UW Revenues(14) | UW Expenses | UW NOI | UW NOI Debt Yield(20) | UW Capital Items | UW NCF | UW NCF Debt Yield(20) | Largest Tenant(5) | Largest Tenant Lease Expiration(16) | Largest Tenant NSF | Largest Tenant % of NSF | ||
16 | Loan | Kings Mountain Center | N/A | N/A | NAP | 95.0% | $5,559,153 | $713,240 | $4,845,913 | 11.5% | $290,250 | $4,555,663 | 10.8% | Ensono | 03/31/2034 | 215,000 | 100.0% | |||
17 | Loan | 950 2nd Avenue | $1,050,620 | 12/31/2018 | 6.9% | 97.0% | $1,497,537 | $406,785 | $1,090,752 | 7.2% | $8,122 | $1,082,630 | 7.1% | La Pecora Bianca | 8/31/2027 | 5,021 | 61.8% | |||
18 | Loan | Towneplace Suites Lakeland | $1,808,345 | T12 2/28/2019 | 12.5% | 75.4% | $3,930,033 | $2,230,850 | $1,699,184 | 11.7% | $157,201 | $1,541,982 | 10.6% | NAP | NAP | NAP | NAP | |||
19 | Loan | Equinox Bloomfield Hills | N/A | N/A | NAP | 95.0% | $1,178,332 | $35,350 | $1,142,983 | 8.0% | $7,173 | $1,135,810 | 8.0% | Equinox | 12/31/2039 | 47,819 | 100.0% | |||
20 | Loan | Maple Research Office Park | $1,373,578 | T12 2/28/2019 | 9.8% | 91.1% | $3,022,367 | $1,233,022 | $1,789,345 | 12.8% | $251,254 | $1,538,091 | 11.0% | MSX International RN | 6/30/2023 | 30,763 | 14.7% | |||
21 | Loan | Hunter Plaza | N/A | N/A | NAP | 95.0% | $1,992,950 | $606,086 | $1,386,865 | 9.9% | $45,399 | $1,341,466 | 9.6% | 24 Hour Fitness | 5/31/2037 | 35,600 | 58.8% | |||
22 | Loan | The Grove at Winter Park | $844,408 | 12/31/2018 | 6.9% | 68.7% | $1,772,738 | $540,076 | $1,232,662 | 10.1% | $82,081 | $1,150,581 | 9.4% | 24 Hour Fitness | 4/30/2032 | 39,795 | 35.4% | |||
23 | Loan | Quail Hollow | $1,630,791 | T12 3/31/2019 | 13.7% | 89.1% | $2,272,472 | $960,937 | $1,311,535 | 11.0% | $172,760 | $1,138,775 | 9.6% | Crye-Leike | 4/30/2027 | 96,096 | 100.0% | |||
24 | Loan | Hampton Inn Livonia | $1,454,390 | T12 3/31/2019 | 12.7% | 69.0% | $3,454,028 | $2,086,391 | $1,367,637 | 11.9% | $138,161 | $1,229,476 | 10.7% | NAP | NAP | NAP | NAP | |||
25 | Loan | University Square Bozeman | $965,731 | T12 11/30/2018 | 8.6% | 91.6% | $1,556,736 | $443,726 | $1,113,011 | 9.9% | $85,740 | $1,027,270 | 9.2% | Albertsons | 12/31/2020 | 53,746 | 40.7% | |||
26 | Loan | Schnader Properties Portfolio | $1,108,952 | 12/31/2018 | 10.1% | 93.0% | $1,829,913 | $751,212 | $1,078,701 | 9.8% | $47,750 | $1,030,951 | 9.4% | NAP | NAP | NAP | NAP | |||
26.01 | Property | Turnquist Apartments | $700,319 | 12/31/2018 | 10.1% | 93.0% | $1,148,105 | $460,627 | $687,478 | 9.8% | $30,000 | $657,478 | 9.4% | NAP | NAP | NAP | NAP | |||
26.02 | Property | Northern Parkway Apartments | $185,842 | 12/31/2018 | 10.1% | 93.0% | $303,278 | $132,612 | $170,666 | 9.8% | $8,250 | $162,416 | 9.4% | NAP | NAP | NAP | NAP | |||
26.03 | Property | Cypress Garden Apartments | $116,915 | 12/31/2018 | 10.1% | 93.0% | $213,961 | $91,151 | $122,810 | 9.8% | $5,750 | $117,060 | 9.4% | NAP | NAP | NAP | NAP | |||
26.04 | Property | Harford Road Apartments (5101-5105) | $105,876 | 12/31/2018 | 10.1% | 93.0% | $164,569 | $66,823 | $97,746 | 9.8% | $3,750 | $93,996 | 9.4% | NAP | NAP | NAP | NAP | |||
27 | Loan | Staybridge Suites Austin South | $1,298,373 | T12 3/31/2019 | 13.7% | 77.2% | $2,784,317 | $1,534,585 | $1,249,732 | 13.2% | $111,373 | $1,138,360 | 12.0% | NAP | NAP | NAP | NAP | |||
28 | Loan | 616 Lofts on Michigan | $790,312 | T12 4/30/2019 | 8.5% | 95.0% | $1,150,401 | $301,634 | $848,767 | 9.1% | $28,163 | $820,604 | 8.8% | NAP | NAP | NAP | NAP | |||
29 | Loan | 1600 Western Buildings | $1,144,978 | 12/31/2018 | 12.7% | 94.1% | $1,764,522 | $660,413 | $1,104,109 | 12.3% | $124,654 | $979,455 | 10.9% | LaPort | 5/31/2021 | 34,971 | 12.0% | |||
30 | Loan | Towneplace Suites Albuquerque | $1,108,531 | T12 2/28/2019 | 12.7% | 78.5% | $2,802,289 | $1,697,004 | $1,105,285 | 12.7% | $112,092 | $993,193 | 11.4% | NAP | NAP | NAP | NAP | |||
31 | Loan | 3030 Bridgeway | $780,990 | T12 1/31/2019 | 9.0% | 95.0% | $1,259,635 | $505,197 | $754,438 | 8.7% | $20,721 | $733,717 | 8.5% | USA Wine West USA, LLC | 2/28/2022 | 1,209 | 3.8% | |||
32 | Loan | Bell Creek Commons | $983,004 | T12 2/28/2019 | 11.6% | 95.0% | $1,132,764 | $212,694 | $920,071 | 10.8% | $42,145 | $877,925 | 10.3% | Best Buy | 3/31/2023 | 30,038 | 64.1% | |||
33 | Loan | All Storage Watauga | $759,569 | T12 2/28/2019 | 9.5% | 84.6% | $1,158,085 | $395,058 | $763,027 | 9.5% | $12,196 | $750,830 | 9.4% | NAP | NAP | NAP | NAP | |||
34 | Loan | VASA Fitness Denver | $818,106 | T12 3/31/2019 | 10.2% | 95.0% | $854,249 | $75,283 | $778,967 | 9.7% | $56,042 | $722,924 | 9.0% | VASA Fitness | 12/28/2032 | 60,660 | 100.0% | |||
35 | Loan | Ambassador Way | $1,325,684 | T12 2/28/2019 | 17.2% | 95.0% | $1,702,577 | $439,643 | $1,262,934 | 16.4% | $115,612 | $1,147,322 | 14.9% | Burlington Coat Factory | 02/28/2022 | 75,150 | 38.1% | |||
36 | Loan | RV Ranch of Keene | $867,152 | T12 3/31/2019 | 12.4% | 88.4% | $1,382,155 | $516,164 | $865,991 | 12.4% | $12,700 | $853,291 | 12.2% | NAP | NAP | NAP | NAP | |||
37 | Loan | Union Crossing | $797,509 | T12 10/31/2018 | 11.5% | 90.0% | $1,171,651 | $327,172 | $844,479 | 12.2% | $69,543 | $774,936 | 11.2% | AZ Supermarket, LLC | 2/28/2028 | 35,534 | 45.0% | |||
38 | Loan | VASA Fitness Spanish Fork | N/A | N/A | NAP | 95.0% | $668,845 | $54,427 | $614,418 | 9.5% | $45,788 | $568,630 | 8.8% | VASA Fitness | 11/30/2033 | 50,216 | 100.0% | |||
39 | Loan | Comfort Suites Grand Rapids North | $1,118,078 | T12 2/28/2019 | 18.4% | 73.7% | $2,589,350 | $1,560,063 | $1,029,287 | 16.9% | $103,574 | $925,713 | 15.2% | NAP | NAP | NAP | NAP | |||
40 | Loan | 27 East 20th Street | N/A | N/A | NAP | 95.0% | $515,839 | $91,422 | $424,416 | 7.1% | $2,298 | $422,118 | 7.0% | Hammock Restaurant Group, LLC | 4/30/2031 | 1,548 | 34.4% | |||
41 | Loan | VASA Fitness Kaysville | N/A | N/A | NAP | 95.0% | $592,451 | $23,995 | $568,457 | 9.6% | $45,464 | $522,993 | 8.8% | VASA Fitness | 12/31/2033 | 51,451 | 100.0% | |||
42 | Loan | Buffalo Springs Point | N/A | N/A | NAP | 95.0% | $634,816 | $105,665 | $529,151 | 9.4% | $17,066 | $512,085 | 9.1% | Sola Salon | 4/30/2027 | 5,096 | 34.3% | |||
43 | Loan | CrestHill Suites - East Syracuse | $765,879 | 12/31/2018 | 15.4% | 81.3% | $2,066,166 | $1,284,492 | $781,674 | 15.7% | $82,647 | $699,027 | 14.0% | NAP | NAP | NAP | NAP | |||
44 | Loan | Albertsons | N/A | N/A | NAP | 95.0% | $403,201 | $8,064 | $395,137 | 9.3% | $0 | $395,137 | 9.3% | Albertson’s | 10/1/2037 | 43,965 | 100.0% | |||
45 | Loan | Naples Retail Center | $358,042 | 12/31/2018 | 9.3% | 94.4% | $594,010 | $192,117 | $401,892 | 10.4% | $28,402 | $373,491 | 9.7% | Pelican Larry’s | 8/30/2024 | 5,873 | 20.7% | |||
46 | Loan | Walnut Professional Building | $550,324 | T12 3/31/2019 | 15.7% | 92.4% | $912,325 | $318,795 | $593,530 | 17.0% | $28,830 | $564,700 | 16.1% | Center for Oral & Facial | 10/31/2023 | 6,044 | 25.0% | |||
47 | Loan | Microtel Michigan City | $498,649 | T12 3/31/2019 | 14.2% | 56.1% | $1,242,928 | $731,773 | $511,155 | 14.6% | $49,717 | $461,438 | 13.2% | NAP | NAP | NAP | NAP |
A-1-16
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
2ND LARGEST TENANT INFORMATION(14)(15) | 3RD LARGEST TENANT INFORMATION(14)(15) | 4TH LARGEST TENANT INFORMATION(14)(15) | ||||||||||||||||
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Loan ID | Footnotes | Property Flag | Deal Name | 2nd Largest Tenant(5)(6) | 2nd Largest Tenant Lease Expiration(6)(16) | 2nd Largest Tenant NSF | 2nd Largest Tenant % of NSF | 3rd Largest Tenant(6)(20) | 3rd Largest Tenant Lease Expiration(6) | 3rd Largest Tenant NSF | 3rd Largest Tenant % of NSF | 4th Largest Tenant(6) | 4th Largest Tenant Lease Expiration | 4th Largest Tenant NSF | 4th Largest Tenant % of NSF | |||
1 | Loan | 3 Columbus Circle | Emerge 212 3CC LLC | 11/30/2027 | 57,359 | 7.6% | Nordstrom | 10/31/2039 | 46,991 | 6.2% | Jazz at Lincoln Center, Inc. | 4/30/2028 | 30,653 | 4.1% | ||||
2 | Loan | GNL Industrial Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
2.01 | Property | FedEx Ground Package System - San Antonio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
2.02 | Property | Rubbermaid - Akron | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
2.03 | Property | Bush Industries - Jamestown | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
2.04 | Property | Chemours - Pass Christian | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
2.05 | Property | Wolverine World Wide - Howard City | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
2.06 | Property | FedEx Freight - Greenville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
2.07 | Property | Diebold Nixdorf - North Canton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
2.08 | Property | FedEx Freight - Blackfoot | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
2.09 | Property | Mapes & Sprowl Steel - Elk Grove Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
2.10 | Property | XPO Logistics - Grand Rapids | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
2.11 | Property | XPO Logistics - Aurora | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
2.12 | Property | XPO Logistics - Salina | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
2.13 | Property | XPO Logistics - Riverton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
2.14 | Property | XPO Logistics - Waite Park | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
2.15 | Property | XPO Logistics - Uhrichsville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
2.16 | Property | XPO Logistics - Vincennes | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
3 | Loan | Embassy Suites Seattle Bellevue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
4 | Loan | SWVP Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
4.01 | Property | InterContinental | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
4.02 | Property | DoubleTree Sunrise | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
4.03 | Property | DoubleTree Charlotte | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
4.04 | Property | DoubleTree RTP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
5 | Loan | Hilton Baltimore BWI Airport | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
6 | Loan | Santa Fe Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | ||||
6.01 | Property | The Peters Project | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
6.02 | Property | Plaza Mercado | HRV Hotel Partners, LLC | 1/31/2020 | 5,447 | 8.9% | Silk Road Collection | 4/30/2020 | 4,458 | 7.3% | Galerie Züger | 11/30/2022 | 3,546 | 5.8% | ||||
6.03 | Property | Century Plaza | Blue Corn Café & Brewery II | 9/30/2033 | 8,454 | 17.9% | Santa Fe Dining | 9/30/2033 | 2,929 | 6.2% | M & J Bridal Boutique | 9/30/2023 | 2,858 | 6.0% | ||||
6.04 | Property | Peters Corp. HQ | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
6.05 | Property | Santa Fe Properties | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
6.06 | Property | Springer Plaza | Momeni Gallery 3 | 9/11/2023 | 1,000 | 5.5% | Palacio Café II | 4/30/2021 | 1,000 | 5.5% | Crazy Fox | 5/31/2021 | 816 | 4.5% | ||||
6.07 | Property | 132 E. Marcy | Melo Velo | 9/30/2019 | 4,055 | 43.6% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
6.08 | Property | Bendelier House | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
6.09 | Property | 216 Washington | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
6.10 | Property | El Mercado Viejo | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
6.11 | Property | 417-419 Orchard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7 | Loan | ExchangeRight Net Leased Portfolio 26 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.01 | Property | Hy-Vee - Oakdale (10th Street), MN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.02 | Property | Pick n Save - Wausau (Bridge), WI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.03 | Property | Tractor Supply - Conroe (Hwy 242), TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.04 | Property | Walgreens - Chalmette (West Judge Perez), LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.05 | Property | Tractor Supply - Santa Fe (FM 1764), TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.06 | Property | Tractor Supply - Odessa (Interstate 20), TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.07 | Property | Walgreens - Cincinnati (Bridgetown), OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.08 | Property | Walgreens - Lafayette (Creasy Lane), IN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.09 | Property | Walgreens - McDonough (Hwy 81), GA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.10 | Property | CVS - Fayetteville, GA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.11 | Property | Tractor Supply - Conyers (Highway 20), GA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.12 | Property | Walgreens - Milwaukee (Howell), WI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.13 | Property | Advance Auto Parts - Midlothian, VA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.14 | Property | AutoZone - Merrillville (Colorado), IN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.15 | Property | Dollar General - Uniontown (Cleveland), OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.16 | Property | Dollar General - Cleveland (Dalton), TN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.17 | Property | Dollar General - Edinburg (Hwy 107), TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.18 | Property | Dollar General - Alton (West Main), TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7.19 | Property | Dollar General - Clarksville (Ash Ridge), TN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
8 | Loan | The Box House Hotel | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
9 | Loan | 787 Eleventh Avenue | Nissan | 07/31/2032 | 106,391 | 20.7% | Regus | 10/31/2031 | 99,337 | 19.3% | Pershing Square | 01/30/2034 | 66,757 | 13.0% | ||||
10 | Loan | Darden Headquarters | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
11 | Loan | Great Wolf Lodge Southern California | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
12 | Loan | Ambassador Crossing | Chopsticks-Fresh Asian Cuisine | 7/31/2025 | 7,159 | 5.8% | J.Crew Factory | 1/31/2025 | 6,525 | 5.3% | Lee Michaels Jewelers | 12/31/2030 | 5,683 | 4.6% | ||||
13 | Loan | 167 Graham Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
14 | Loan | Cardenas Market Center | AT&T Mobility | 1/31/2024 | 2,709 | 4.0% | T-Mobile | 1/31/2022 | 2,542 | 3.8% | Waba Grill | 12/31/2025 | 1,813 | 2.7% | ||||
15 | Loan | 12-18 Meserole | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-17
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
2ND LARGEST TENANT INFORMATION(14)(15) | 3RD LARGEST TENANT INFORMATION(14)(15) | 4TH LARGEST TENANT INFORMATION(14)(15) | ||||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | 2nd Largest Tenant(5)(6) | 2nd Largest Tenant Lease Expiration(6)(16) | 2nd Largest Tenant NSF | 2nd Largest Tenant % of NSF | 3rd Largest Tenant(6)(20) | 3rd Largest Tenant Lease Expiration(6) | 3rd Largest Tenant NSF | 3rd Largest Tenant % of NSF | 4th Largest Tenant(6) | 4th Largest Tenant Lease Expiration | 4th Largest Tenant NSF | 4th Largest Tenant % of NSF | |||
16 | Loan | Kings Mountain Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
17 | Loan | 950 2nd Avenue | CityMD | 3/31/2036 | 3,101 | 38.2% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
18 | Loan | Towneplace Suites Lakeland | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
19 | Loan | Equinox Bloomfield Hills | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
20 | Loan | Maple Research Office Park | Mackevision Corporation | 6/30/2023 | 30,000 | 14.3% | Dayco Products | 5/31/2025 | 25,124 | 12.0% | EDAG | 2/28/2027 | 22,115 | 10.6% | ||||
21 | Loan | Hunter Plaza | US Healthmarket | 1/27/2025 | 4,571 | 7.6% | Munch & Crunch, LLC | 1/6/2029 | 4,316 | 7.1% | Urban Tadka | 6/30/2023 | 3,568 | 5.9% | ||||
22 | Loan | The Grove at Winter Park | Pet Supplies | 3/31/2028 | 8,000 | 7.1% | My Salon Suites | 10/31/2028 | 5,573 | 5.0% | Pro Fencing Academy USA | 6/30/2022 | 4,703 | 4.2% | ||||
23 | Loan | Quail Hollow | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
24 | Loan | Hampton Inn Livonia | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
25 | Loan | University Square Bozeman | Staples | 5/31/2021 | 24,000 | 18.2% | O’Reilly Auto | 5/31/2027 | 7,976 | 6.0% | Once Upon a Child | 11/30/2028 | 6,400 | 4.9% | ||||
26 | Loan | Schnader Properties Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
26.01 | Property | Turnquist Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
26.02 | Property | Northern Parkway Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
26.03 | Property | Cypress Garden Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
26.04 | Property | Harford Road Apartments (5101-5105) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
27 | Loan | Staybridge Suites Austin South | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
28 | Loan | 616 Lofts on Michigan | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
29 | Loan | 1600 Western Buildings | Instant Collating Services | 2/28/2020 | 30,248 | 10.4% | Music Zone | 3/31/2022 | 29,809 | 10.3% | Chicago Women in Trade | 9/30/2020 | 22,409 | 7.7% | ||||
30 | Loan | Towneplace Suites Albuquerque | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
31 | Loan | 3030 Bridgeway | Dominguez Incorporated | 9/30/2020 | 1,176 | 3.7% | Nepal Youth Foundation | 4/30/2021 | 1,107 | 3.5% | Oceanic Partners Inc | 1/31/2022 | 1,073 | 3.4% | ||||
32 | Loan | Bell Creek Commons | Chick-Fil-A | 5/31/2023 | 4,312 | 9.2% | Original Mattress Factory | 12/31/2019 | 2,800 | 6.0% | Noodles & Company | 2/28/2023 | 2,450 | 5.2% | ||||
33 | Loan | All Storage Watauga | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
34 | Loan | VASA Fitness Denver | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
35 | Loan | Ambassador Way | Conn Appliances, Inc | 03/08/2022 | 49,217 | 24.9% | Dirt Cheap, LLC | 12/31/2024 | 32,000 | 16.2% | Boot Barn | 03/31/2023 | 15,652 | 7.9% | ||||
36 | Loan | RV Ranch of Keene | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
37 | Loan | Union Crossing | The Helmet Center, LLC | 1/31/2024 | 8,220 | 10.4% | Joe’s Auto Service | 8/31/2026 | 4,250 | 5.4% | Araiza Brothers Enterprises | 4/30/2032 | 2,249 | 2.8% | ||||
38 | Loan | VASA Fitness Spanish Fork | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
39 | Loan | Comfort Suites Grand Rapids North | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
40 | Loan | 27 East 20th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
41 | Loan | VASA Fitness Kaysville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
42 | Loan | Buffalo Springs Point | Golden-PT’s | 3/31/2027 | 4,500 | 30.3% | Firefly | 10/31/2028 | 2,332 | 15.7% | Fist of Fusion | 5/31/2028 | 1,512 | 10.2% | ||||
43 | Loan | CrestHill Suites - East Syracuse | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
44 | Loan | Albertsons | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
45 | Loan | Naples Retail Center | On Point Medical Billing | 1/31/2021 | 2,318 | 8.2% | Haitian Church | 6/30/2020 | 2,235 | 7.9% | Inspired K9 | 4/30/2020 | 1,914 | 6.8% | ||||
46 | Loan | Walnut Professional Building | Andrew Gamache | 2/28/2026 | 2,251 | 9.3% | Timothy Thomas | 8/31/2025 | 2,131 | 8.8% | Diane Milberg | 8/31/2024 | 2,108 | 8.7% | ||||
47 | Loan | Microtel Michigan City | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-18
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
5TH LARGEST TENANT INFORMATION(14)(15) | MORTGAGE LOAN RESERVE INFORMATION(16) | |||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | 5th Largest Tenant | 5th Largest Tenant Lease Expiration(16) | 5th Largest Tenant NSF | 5th Largest Tenant % of NSF | Upfront Replacement Reserves (17)(18) | Monthly Replacement Reserves | Replacement Reserve Cap(19) | ||
1 | Loan | 3 Columbus Circle | Josephson | 12/31/2032 | 22,742 | 3.0% | $0 | Springing | $1,000,000 | |||
2 | Loan | GNL Industrial Portfolio | NAP | NAP | NAP | NAP | $0 | Springing | $2,443,208 | |||
2.01 | Property | FedEx Ground Package System - San Antonio | NAP | NAP | NAP | NAP | ||||||
2.02 | Property | Rubbermaid - Akron | NAP | NAP | NAP | NAP | ||||||
2.03 | Property | Bush Industries - Jamestown | NAP | NAP | NAP | NAP | ||||||
2.04 | Property | Chemours - Pass Christian | NAP | NAP | NAP | NAP | ||||||
2.05 | Property | Wolverine World Wide - Howard City | NAP | NAP | NAP | NAP | ||||||
2.06 | Property | FedEx Freight - Greenville | NAP | NAP | NAP | NAP | ||||||
2.07 | Property | Diebold Nixdorf - North Canton | NAP | NAP | NAP | NAP | ||||||
2.08 | Property | FedEx Freight - Blackfoot | NAP | NAP | NAP | NAP | ||||||
2.09 | Property | Mapes & Sprowl Steel - Elk Grove Village | NAP | NAP | NAP | NAP | ||||||
2.10 | Property | XPO Logistics - Grand Rapids | NAP | NAP | NAP | NAP | ||||||
2.11 | Property | XPO Logistics - Aurora | NAP | NAP | NAP | NAP | ||||||
2.12 | Property | XPO Logistics - Salina | NAP | NAP | NAP | NAP | ||||||
2.13 | Property | XPO Logistics - Riverton | NAP | NAP | NAP | NAP | ||||||
2.14 | Property | XPO Logistics - Waite Park | NAP | NAP | NAP | NAP | ||||||
2.15 | Property | XPO Logistics - Uhrichsville | NAP | NAP | NAP | NAP | ||||||
2.16 | Property | XPO Logistics - Vincennes | NAP | NAP | NAP | NAP | ||||||
3 | Loan | Embassy Suites Seattle Bellevue | NAP | NAP | NAP | NAP | $0 | $51,578 | NAP | |||
4 | Loan | SWVP Portfolio | NAP | NAP | NAP | NAP | $0 | $281,676 | NAP | |||
4.01 | Property | InterContinental | NAP | NAP | NAP | NAP | ||||||
4.02 | Property | DoubleTree Sunrise | NAP | NAP | NAP | NAP | ||||||
4.03 | Property | DoubleTree Charlotte | NAP | NAP | NAP | NAP | ||||||
4.04 | Property | DoubleTree RTP | NAP | NAP | NAP | NAP | ||||||
5 | Loan | Hilton Baltimore BWI Airport | NAP | NAP | NAP | NAP | $0 | Greater of (a) 1/12th of 4% of Gross Income from Operations or (b) amount required to be funded pursuant to Agreements | NAP | |||
6 | Loan | Santa Fe Portfolio | Various | Various | Various | Various | $0 | $4,543 | NAP | |||
6.01 | Property | The Peters Project | NAP | NAP | NAP | NAP | ||||||
6.02 | Property | Plaza Mercado | Singleton-Biss Museum | 11/30/2019 | 2,915 | 4.8% | ||||||
6.03 | Property | Century Plaza | Esteban Terrazas & Silvia Ramirez | 1/31/2019 | 2,254 | 4.8% | ||||||
6.04 | Property | Peters Corp. HQ | NAP | NAP | NAP | NAP | ||||||
6.05 | Property | Santa Fe Properties | NAP | NAP | NAP | NAP | ||||||
6.06 | Property | Springer Plaza | Annette Hemberger | 9/11/2019 | 775 | 4.3% | ||||||
6.07 | Property | 132 E. Marcy | NAP | NAP | NAP | NAP | ||||||
6.08 | Property | Bendelier House | NAP | NAP | NAP | NAP | ||||||
6.09 | Property | 216 Washington | NAP | NAP | NAP | NAP | ||||||
6.10 | Property | El Mercado Viejo | NAP | NAP | NAP | NAP | ||||||
6.11 | Property | 417-419 Orchard | NAP | NAP | NAP | NAP | ||||||
7 | Loan | ExchangeRight Net Leased Portfolio 26 | NAP | NAP | NAP | NAP | $0 | $2,047 | NAP | |||
7.01 | Property | Hy-Vee - Oakdale (10th Street), MN | NAP | NAP | NAP | NAP | ||||||
7.02 | Property | Pick n Save - Wausau (Bridge), WI | NAP | NAP | NAP | NAP | ||||||
7.03 | Property | Tractor Supply - Conroe (Hwy 242), TX | NAP | NAP | NAP | NAP | ||||||
7.04 | Property | Walgreens - Chalmette (West Judge Perez), LA | NAP | NAP | NAP | NAP | ||||||
7.05 | Property | Tractor Supply - Santa Fe (FM 1764), TX | NAP | NAP | NAP | NAP | ||||||
7.06 | Property | Tractor Supply - Odessa (Interstate 20), TX | NAP | NAP | NAP | NAP | ||||||
7.07 | Property | Walgreens - Cincinnati (Bridgetown), OH | NAP | NAP | NAP | NAP | ||||||
7.08 | Property | Walgreens - Lafayette (Creasy Lane), IN | NAP | NAP | NAP | NAP | ||||||
7.09 | Property | Walgreens - McDonough (Hwy 81), GA | NAP | NAP | NAP | NAP | ||||||
7.10 | Property | CVS - Fayetteville, GA | NAP | NAP | NAP | NAP | ||||||
7.11 | Property | Tractor Supply - Conyers (Highway 20), GA | NAP | NAP | NAP | NAP | ||||||
7.12 | Property | Walgreens - Milwaukee (Howell), WI | NAP | NAP | NAP | NAP | ||||||
7.13 | Property | Advance Auto Parts - Midlothian, VA | NAP | NAP | NAP | NAP | ||||||
7.14 | Property | AutoZone - Merrillville (Colorado), IN | NAP | NAP | NAP | NAP | ||||||
7.15 | Property | Dollar General - Uniontown (Cleveland), OH | NAP | NAP | NAP | NAP | ||||||
7.16 | Property | Dollar General - Cleveland (Dalton), TN | NAP | NAP | NAP | NAP | ||||||
7.17 | Property | Dollar General - Edinburg (Hwy 107), TX | NAP | NAP | NAP | NAP | ||||||
7.18 | Property | Dollar General - Alton (West Main), TX | NAP | NAP | NAP | NAP | ||||||
7.19 | Property | Dollar General - Clarksville (Ash Ridge), TN | NAP | NAP | NAP | NAP | ||||||
8 | Loan | The Box House Hotel | NAP | NAP | NAP | NAP | $0 | 1/12th of 4% of Total Revenue | NAP | |||
9 | Loan | 787 Eleventh Avenue | Dwight Capital | 05/30/2029 | 20,322 | 4.0% | $0 | $0 | NAP | |||
10 | Loan | Darden Headquarters | NAP | NAP | NAP | NAP | $0 | Springing | NAP | |||
11 | Loan | Great Wolf Lodge Southern California | NAP | NAP | NAP | NAP | $0 | Springing | NAP | |||
12 | Loan | Ambassador Crossing | Shades Sunglasses & Casual Apparel | 2/28/2023 | 5,425 | 4.4% | $1,472 | $1,472 | NAP | |||
13 | Loan | 167 Graham Avenue | NAP | NAP | NAP | NAP | $0 | $1,313 | NAP | |||
14 | Loan | Cardenas Market Center | GameStop | 3/31/2021 | 1,528 | 2.3% | $0 | $839 | $30,000 | |||
15 | Loan | 12-18 Meserole | NAP | NAP | NAP | NAP | $0 | $583 | NAP |
A-1-19
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
5TH LARGEST TENANT INFORMATION(14)(15) | MORTGAGE LOAN RESERVE INFORMATION(16) | ||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | 5th Largest Tenant | 5th Largest Tenant Lease Expiration(16) | 5th Largest Tenant NSF | 5th Largest Tenant % of NSF | Upfront Replacement Reserves (17)(18) | Monthly Replacement Reserves | Replacement Reserve Cap(19) | |
16 | Loan | Kings Mountain Center | NAP | NAP | NAP | NAP | $0 | Springing | NAP | ||
17 | Loan | 950 2nd Avenue | NAP | NAP | NAP | NAP | $0 | $102 | NAP | ||
18 | Loan | Towneplace Suites Lakeland | NAP | NAP | NAP | NAP | $25,411 | $13,100 | NAP | ||
19 | Loan | Equinox Bloomfield Hills | NAP | NAP | NAP | NAP | $0 | Springing | NAP | ||
20 | Loan | Maple Research Office Park | Sensata Technologies | 7/31/2023 | 20,632 | 9.9% | $0 | $3,490 | NAP | ||
21 | Loan | Hunter Plaza | U.S. Coast Guard | 11/30/2019 | 2,443 | 4.0% | $0 | $1,261 | $30,266 | ||
22 | Loan | The Grove at Winter Park | Jay Anthony Nails Spa Inc | 11/30/2027 | 4,320 | 3.8% | $0 | $1,593 | NAP | ||
23 | Loan | Quail Hollow | NAP | NAP | NAP | NAP | $1,602 | $1,602 | NAP | ||
24 | Loan | Hampton Inn Livonia | NAP | NAP | NAP | NAP | $0 | 1.0% of Gross Revenues | NAP | ||
25 | Loan | University Square Bozeman | Morgan Stanley | 11/30/2022 | 5,412 | 4.1% | $0 | Springing | NAP | ||
26 | Loan | Schnader Properties Portfolio | NAP | NAP | NAP | NAP | $0 | $3,979 | NAP | ||
26.01 | Property | Turnquist Apartments | NAP | NAP | NAP | NAP | |||||
26.02 | Property | Northern Parkway Apartments | NAP | NAP | NAP | NAP | |||||
26.03 | Property | Cypress Garden Apartments | NAP | NAP | NAP | NAP | |||||
26.04 | Property | Harford Road Apartments (5101-5105) | NAP | NAP | NAP | NAP | |||||
27 | Loan | Staybridge Suites Austin South | NAP | NAP | NAP | NAP | $0 | $2,298 | NAP | ||
28 | Loan | 616 Lofts on Michigan | NAP | NAP | NAP | NAP | $0 | $1,382 | NAP | ||
29 | Loan | 1600 Western Buildings | Petote | 9/30/2020 | 22,409 | 7.7% | $0 | $2,415 | $86,950 | ||
30 | Loan | Towneplace Suites Albuquerque | NAP | NAP | NAP | NAP | $18,119 | $9,341 | NAP | ||
31 | Loan | 3030 Bridgeway | California Commercial Solar, Inc | 535 SF (1/31/2020); 365 SF (MTM) | 918 | 2.9% | $0 | $398 | NAP | ||
32 | Loan | Bell Creek Commons | Sassie Day Spa & Salon | 1/31/2028 | 2,450 | 5.2% | $0 | $585 | NAP | ||
33 | Loan | All Storage Watauga | NAP | NAP | NAP | NAP | $0 | $1,016 | $36,589 | ||
34 | Loan | VASA Fitness Denver | NAP | NAP | NAP | NAP | $1,511 | $1,511 | NAP | ||
35 | Loan | Ambassador Way | NAP | NAP | NAP | NAP | $0 | $2,467 | NAP | ||
36 | Loan | RV Ranch of Keene | NAP | NAP | NAP | NAP | $0 | $1,067 | NAP | ||
37 | Loan | Union Crossing | CHR Investments, LLC | 7/31/2023 | 2,170 | 2.7% | $205,000 | $988 | $205,000 | ||
38 | Loan | VASA Fitness Spanish Fork | NAP | NAP | NAP | NAP | $1,238 | $1,238 | NAP | ||
39 | Loan | Comfort Suites Grand Rapids North | NAP | NAP | NAP | NAP | $0 | 1/12th of 2.0% of Gross Revenue until 5/6/2021 and 4.0% of Gross Revenue thereafter | NAP | ||
40 | Loan | 27 East 20th Street | NAP | NAP | NAP | NAP | $0 | $63 | NAP | ||
41 | Loan | VASA Fitness Kaysville | NAP | NAP | NAP | NAP | $1,244 | $1,244 | NAP | ||
42 | Loan | Buffalo Springs Point | Power Hour 360 | 10/31/2027 | 1,400 | 9.4% | $0 | $186 | NAP | ||
43 | Loan | CrestHill Suites - East Syracuse | NAP | NAP | NAP | NAP | $0 | $6,887 | NAP | ||
44 | Loan | Albertsons | NAP | NAP | NAP | NAP | $0 | Springing | NAP | ||
45 | Loan | Naples Retail Center | Unique Nail Spa | 6/30/2023 | 1,584 | 5.6% | $0 | $354 | NAP | ||
46 | Loan | Walnut Professional Building | Jason Brown | 8/31/2027 | 1,841 | 7.6% | $0 | $0 | NAP | ||
47 | Loan | Microtel Michigan City | NAP | NAP | NAP | NAP | $0 | 1/12th of 4% of Total Revenue | NAP |
A-1-20
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGE LOAN RESERVE INFORMATION(16) | |||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | Upfront TI/LC Reserves (17)(18) | Monthly TI/LC Reserves | TI/LC Reserve Cap(19) | Upfront Tax Reserves (17)(18) | Monthly Tax Reserves | Upfront Insurance Reserves (17)(18) | Monthly Insurance Reserves | Upfront Deferred Maint. Reserve (17)(18) | Upfront Debt Service Reserves(17)(18) | Monthly Debt Service Reserves |
1 | Loan | 3 Columbus Circle | $0 | Springing | $5,000,000 | $0 | Springing | $0 | Springing | $0 | $0 | $0 | |
2 | Loan | GNL Industrial Portfolio | $0 | Springing | $6,108,020 | $0 | Springing | $0 | Springing | $0 | $0 | $0 | |
2.01 | Property | FedEx Ground Package System - San Antonio | |||||||||||
2.02 | Property | Rubbermaid - Akron | |||||||||||
2.03 | Property | Bush Industries - Jamestown | |||||||||||
2.04 | Property | Chemours - Pass Christian | |||||||||||
2.05 | Property | Wolverine World Wide - Howard City | |||||||||||
2.06 | Property | FedEx Freight - Greenville | |||||||||||
2.07 | Property | Diebold Nixdorf - North Canton | |||||||||||
2.08 | Property | FedEx Freight - Blackfoot | |||||||||||
2.09 | Property | Mapes & Sprowl Steel - Elk Grove Village | |||||||||||
2.10 | Property | XPO Logistics - Grand Rapids | |||||||||||
2.11 | Property | XPO Logistics - Aurora | |||||||||||
2.12 | Property | XPO Logistics - Salina | |||||||||||
2.13 | Property | XPO Logistics - Riverton | |||||||||||
2.14 | Property | XPO Logistics - Waite Park | |||||||||||
2.15 | Property | XPO Logistics - Uhrichsville | |||||||||||
2.16 | Property | XPO Logistics - Vincennes | |||||||||||
3 | Loan | Embassy Suites Seattle Bellevue | $0 | $0 | NAP | $186,059 | $37,212 | $16,088 | $8,044 | $19,470 | $0 | $0 | |
4 | Loan | SWVP Portfolio | $0 | $0 | NAP | $822,222 | $205,555 | $990,844 | $82,570 | $97,938 | $0 | $0 | |
4.01 | Property | InterContinental | |||||||||||
4.02 | Property | DoubleTree Sunrise | |||||||||||
4.03 | Property | DoubleTree Charlotte | |||||||||||
4.04 | Property | DoubleTree RTP | |||||||||||
5 | Loan | Hilton Baltimore BWI Airport | $0 | $0 | NAP | $293,357 | $41,908 | $10,104 | $10,104 | $575 | $0 | $0 | |
6 | Loan | Santa Fe Portfolio | $0 | $13,629 | $817,717 | $67,390 | $33,695 | $65,797 | $13,159 | $173,625 | $0 | $0 | |
6.01 | Property | The Peters Project | |||||||||||
6.02 | Property | Plaza Mercado | |||||||||||
6.03 | Property | Century Plaza | |||||||||||
6.04 | Property | Peters Corp. HQ | |||||||||||
6.05 | Property | Santa Fe Properties | |||||||||||
6.06 | Property | Springer Plaza | |||||||||||
6.07 | Property | 132 E. Marcy | |||||||||||
6.08 | Property | Bendelier House | |||||||||||
6.09 | Property | 216 Washington | |||||||||||
6.10 | Property | El Mercado Viejo | |||||||||||
6.11 | Property | 417-419 Orchard | |||||||||||
7 | Loan | ExchangeRight Net Leased Portfolio 26 | $500,000 | Springing | NAP | $38,000 | $9,535 | $0 | Springing | $346,601 | $0 | $0 | |
7.01 | Property | Hy-Vee - Oakdale (10th Street), MN | |||||||||||
7.02 | Property | Pick n Save - Wausau (Bridge), WI | |||||||||||
7.03 | Property | Tractor Supply - Conroe (Hwy 242), TX | |||||||||||
7.04 | Property | Walgreens - Chalmette (West Judge Perez), LA | |||||||||||
7.05 | Property | Tractor Supply - Santa Fe (FM 1764), TX | |||||||||||
7.06 | Property | Tractor Supply - Odessa (Interstate 20), TX | |||||||||||
7.07 | Property | Walgreens - Cincinnati (Bridgetown), OH | |||||||||||
7.08 | Property | Walgreens - Lafayette (Creasy Lane), IN | |||||||||||
7.09 | Property | Walgreens - McDonough (Hwy 81), GA | |||||||||||
7.10 | Property | CVS - Fayetteville, GA | |||||||||||
7.11 | Property | Tractor Supply - Conyers (Highway 20), GA | |||||||||||
7.12 | Property | Walgreens - Milwaukee (Howell), WI | |||||||||||
7.13 | Property | Advance Auto Parts - Midlothian, VA | |||||||||||
7.14 | Property | AutoZone - Merrillville (Colorado), IN | |||||||||||
7.15 | Property | Dollar General - Uniontown (Cleveland), OH | |||||||||||
7.16 | Property | Dollar General - Cleveland (Dalton), TN | |||||||||||
7.17 | Property | Dollar General - Edinburg (Hwy 107), TX | |||||||||||
7.18 | Property | Dollar General - Alton (West Main), TX | |||||||||||
7.19 | Property | Dollar General - Clarksville (Ash Ridge), TN | |||||||||||
8 | Loan | The Box House Hotel | $0 | $0 | NAP | $48,404 | $48,404 | $120,491 | $13,388 | $0 | $0 | $0 | |
9 | Loan | 787 Eleventh Avenue | $0 | Springing | NAP | $0 | Springing | $0 | Springing | $0 | $0 | $0 | |
10 | Loan | Darden Headquarters | $0 | $0 | NAP | $0 | Springing | $0 | Springing | $0 | $0 | $0 | |
11 | Loan | Great Wolf Lodge Southern California | $0 | $0 | NAP | $0 | $244,016 | $0 | Springing | $0 | $0 | $0 | |
12 | Loan | Ambassador Crossing | $500,000 | Springing | $353,166 | $66,835 | $13,367 | $0 | $4,771 | $0 | $0 | $0 | |
13 | Loan | 167 Graham Avenue | $0 | $0 | NAP | $269,057 | $44,843 | $46,391 | $3,715 | $0 | $0 | $0 | |
14 | Loan | Cardenas Market Center | $0 | $5,594 | $150,000 | $63,097 | $21,032 | $0 | Springing | $0 | $0 | $0 | |
15 | Loan | 12-18 Meserole | $0 | $0 | NAP | $1,012 | $202 | $17,500 | $1,458 | $0 | $0 | $0 |
A-1-21
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGE LOAN RESERVE INFORMATION(16) | |||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | Upfront TI/LC Reserves (17)(18) | Monthly TI/LC Reserves | TI/LC Reserve Cap(19) | Upfront Tax Reserves (17)(18) | Monthly Tax Reserves | Upfront Insurance Reserves (17)(18) | Monthly Insurance Reserves | Upfront Deferred Maint. Reserve (17)(18) | Upfront Debt Service Reserves(17)(18) | Monthly Debt Service Reserves |
16 | Loan | Kings Mountain Center | $0 | Springing | NAP | $0 | Springing | $0 | Springing | $0 | $0 | $0 | |
17 | Loan | 950 2nd Avenue | $0 | $578 | NAP | $23,592 | $24,267 | $0 | $0 | $0 | $0 | $0 | |
18 | Loan | Towneplace Suites Lakeland | $0 | $0 | NAP | $48,313 | $12,078 | $48,795 | $3,948 | $0 | $0 | $0 | |
19 | Loan | Equinox Bloomfield Hills | $0 | Springing | NAP | $0 | Springing | $0 | Springing | $0 | $0 | $0 | |
20 | Loan | Maple Research Office Park | $0 | $34,896.33 (7/6/2019-6/6/2020); $17,448.00 thereafter | $1,000,000 | $111,575 | $11,539 | $7,239 | $3,620 | $34,000 | $0 | $0 | |
21 | Loan | Hunter Plaza | $300,000 | $6,305 | Initially capped at $300,000; cap shall increase to $450,000 on June 1, 2024 | $219,508 | $43,902 | $19,313 | $2,146 | $0 | $0 | $0 | |
22 | Loan | The Grove at Winter Park | $836,799 | $5,247 | NAP | $31,181 | $7,795 | $8,538 | $4,269 | $23,050 | $0 | $0 | |
23 | Loan | Quail Hollow | $12,012 | $12,012 | NAP | $134,488 | $22,415 | $6,615 | $2,205 | $0 | $0 | $0 | |
24 | Loan | Hampton Inn Livonia | $0 | $0 | NAP | $67,254 | $16,813 | $30,731 | $2,364 | $0 | $0 | $0 | |
25 | Loan | University Square Bozeman | $0 | Springing | NAP | $0 | Springing | $0 | Springing | $0 | $0 | $0 | |
26 | Loan | Schnader Properties Portfolio | $0 | $0 | NAP | $185,650 | $15,471 | $12,792 | $6,396 | $30,313 | $0 | $0 | |
26.01 | Property | Turnquist Apartments | |||||||||||
26.02 | Property | Northern Parkway Apartments | |||||||||||
26.03 | Property | Cypress Garden Apartments | |||||||||||
26.04 | Property | Harford Road Apartments (5101-5105) | |||||||||||
27 | Loan | Staybridge Suites Austin South | $0 | $0 | NAP | $96,009 | $19,202 | $18,073 | $3,615 | $0 | $0 | $0 | |
28 | Loan | 616 Lofts on Michigan | $0 | $965 | NAP | $99,515 | $8,293 | $13,746 | $1,964 | $0 | $0 | $0 | |
29 | Loan | 1600 Western Buildings | $0 | $7,970 | $95,645 | $45,282 | $11,320 | $31,340 | $5,325 | $0 | $0 | $0 | |
30 | Loan | Towneplace Suites Albuquerque | $0 | $0 | NAP | $9,622 | $4,811 | $16,678 | $1,349 | $0 | $0 | $0 | |
31 | Loan | 3030 Bridgeway | $0 | $1,328 | $80,000 | $45,415 | $15,138 | $17,073 | $2,134 | $0 | $0 | $0 | |
32 | Loan | Bell Creek Commons | $0 | $976 | $46,850 | $35,366 | $7,073 | $0 | Springing | $0 | $0 | $0 | |
33 | Loan | All Storage Watauga | $0 | $0 | NAP | $67,067 | $13,413 | $3,504 | $1,752 | $0 | $0 | $0 | |
34 | Loan | VASA Fitness Denver | $3,160 | $3,160 | NAP | $0 | Springing | $5,122 | $732 | $0 | $0 | $0 | |
35 | Loan | Ambassador Way | $0 | $7,167 | $250,000 | $0 | Springing | $0 | Springing | $0 | $0 | $0 | |
36 | Loan | RV Ranch of Keene | $0 | $0 | NAP | $48,302 | $5,367 | $17,667 | $1,472 | $96,348 | $0 | $0 | |
37 | Loan | Union Crossing | $0 | $4,940 | NAP | $41,782 | $10,445 | $0 | $0 | $0 | $0 | $0 | |
38 | Loan | VASA Fitness Spanish Fork | $2,577 | $2,577 | NAP | $0 | Springing | $3,062 | $510 | $0 | $0 | $0 | |
39 | Loan | Comfort Suites Grand Rapids North | $0 | $0 | NAP | $38,044 | $5,211 | $4,749 | $2,375 | $0 | $0 | $0 | |
40 | Loan | 27 East 20th Street | $0 | $0 | NAP | $23,806 | $3,401 | $5,838 | $973 | $0 | $0 | $0 | |
41 | Loan | VASA Fitness Kaysville | $2,546 | $2,546 | NAP | $0 | Springing | $3,111 | $518 | $0 | $0 | $0 | |
42 | Loan | Buffalo Springs Point | $0 | $1,237 | NAP | $7,777 | $1,555 | $4,649 | $1,550 | $0 | $0 | $0 | |
43 | Loan | CrestHill Suites - East Syracuse | $0 | $0 | NAP | $38,294 | $12,765 | $9,324 | $1,865 | $0 | $0 | $0 | |
44 | Loan | Albertsons | $0 | Springing | $406,000 | $0 | Springing | $0 | Springing | $0 | $24,091 | $0 | |
45 | Loan | Naples Retail Center | $0 | $1,963 | NAP | $19,790 | $3,298 | $2,703 | $901 | $0 | $0 | $0 | |
46 | Loan | Walnut Professional Building | $0 | Springing | NAP | $15,376 | $3,075 | $6,238 | $693 | $0 | $0 | $0 | |
47 | Loan | Microtel Michigan City | $0 | $0 | NAP | $10,387 | $3,463 | $9,790 | $1,224 | $0 | $0 | $0 |
A-1-22
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGE LOAN RESERVE INFORMATION(16) | |||||||
Loan ID | Footnotes | Property Flag | Deal Name | Upfront Environmental Reserves(17)(18) | Initial Other Reserves(17)(18) | Initial Other Reserves Description | Ongoing Other Reserves |
1 | Loan | 3 Columbus Circle | $0 | $2,668,685 | TI/LC Reserve ($1,820,891); Free Rent Reserve ($847,794) | Young & Rubicam Reserve (Springing) | |
2 | Loan | GNL Industrial Portfolio | $0 | $0 | NAP | Ground Sublease Reserve (Springing) | |
2.01 | Property | FedEx Ground Package System - San Antonio | |||||
2.02 | Property | Rubbermaid - Akron | |||||
2.03 | Property | Bush Industries - Jamestown | |||||
2.04 | Property | Chemours - Pass Christian | |||||
2.05 | Property | Wolverine World Wide - Howard City | |||||
2.06 | Property | FedEx Freight - Greenville | |||||
2.07 | Property | Diebold Nixdorf - North Canton | |||||
2.08 | Property | FedEx Freight - Blackfoot | |||||
2.09 | Property | Mapes & Sprowl Steel - Elk Grove Village | |||||
2.10 | Property | XPO Logistics - Grand Rapids | |||||
2.11 | Property | XPO Logistics - Aurora | |||||
2.12 | Property | XPO Logistics - Salina | |||||
2.13 | Property | XPO Logistics - Riverton | |||||
2.14 | Property | XPO Logistics - Waite Park | |||||
2.15 | Property | XPO Logistics - Uhrichsville | |||||
2.16 | Property | XPO Logistics - Vincennes | |||||
3 | Loan | Embassy Suites Seattle Bellevue | $0 | $1,334,950 | PIP Reserve | Seasonality Reserve (Springing) | |
4 | Loan | SWVP Portfolio | $0 | $5,000,000 | PIP Reserve | Springing | |
4.01 | Property | InterContinental | |||||
4.02 | Property | DoubleTree Sunrise | |||||
4.03 | Property | DoubleTree Charlotte | |||||
4.04 | Property | DoubleTree RTP | |||||
5 | Loan | Hilton Baltimore BWI Airport | $0 | $4,200,000 | PIP Reserve | $30,000 | |
6 | Loan | Santa Fe Portfolio | $0 | $0 | NAP | $0 | |
6.01 | Property | The Peters Project | |||||
6.02 | Property | Plaza Mercado | |||||
6.03 | Property | Century Plaza | |||||
6.04 | Property | Peters Corp. HQ | |||||
6.05 | Property | Santa Fe Properties | |||||
6.06 | Property | Springer Plaza | |||||
6.07 | Property | 132 E. Marcy | |||||
6.08 | Property | Bendelier House | |||||
6.09 | Property | 216 Washington | |||||
6.10 | Property | El Mercado Viejo | |||||
6.11 | Property | 417-419 Orchard | |||||
7 | Loan | ExchangeRight Net Leased Portfolio 26 | $0 | $0 | NAP | $0 | |
7.01 | Property | Hy-Vee - Oakdale (10th Street), MN | |||||
7.02 | Property | Pick n Save - Wausau (Bridge), WI | |||||
7.03 | Property | Tractor Supply - Conroe (Hwy 242), TX | |||||
7.04 | Property | Walgreens - Chalmette (West Judge Perez), LA | |||||
7.05 | Property | Tractor Supply - Santa Fe (FM 1764), TX | |||||
7.06 | Property | Tractor Supply - Odessa (Interstate 20), TX | |||||
7.07 | Property | Walgreens - Cincinnati (Bridgetown), OH | |||||
7.08 | Property | Walgreens - Lafayette (Creasy Lane), IN | |||||
7.09 | Property | Walgreens - McDonough (Hwy 81), GA | |||||
7.10 | Property | CVS - Fayetteville, GA | |||||
7.11 | Property | Tractor Supply - Conyers (Highway 20), GA | |||||
7.12 | Property | Walgreens - Milwaukee (Howell), WI | |||||
7.13 | Property | Advance Auto Parts - Midlothian, VA | |||||
7.14 | Property | AutoZone - Merrillville (Colorado), IN | |||||
7.15 | Property | Dollar General - Uniontown (Cleveland), OH | |||||
7.16 | Property | Dollar General - Cleveland (Dalton), TN | |||||
7.17 | Property | Dollar General - Edinburg (Hwy 107), TX | |||||
7.18 | Property | Dollar General - Alton (West Main), TX | |||||
7.19 | Property | Dollar General - Clarksville (Ash Ridge), TN | |||||
8 | Loan | The Box House Hotel | $0 | $1,204,973 | Earnout Reserve($1,000,000); Upfront Seasonality Reserve ($204,973) | Seasonality Reserve | |
9 | Loan | 787 Eleventh Avenue | $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 | |
10 | Loan | Darden Headquarters | $0 | $0 | NAP | $0 | |
11 | Loan | Great Wolf Lodge Southern California | $0 | $2,000,000 | Excess FF&E Reserve | Amortization Reserve (Springing); Seasonality Reserve (Springing) | |
12 | Loan | Ambassador Crossing | $0 | $0 | NAP | Ground Lease Reserve (Springing) | |
13 | Loan | 167 Graham Avenue | $0 | $0 | NAP | $0 | |
14 | Loan | Cardenas Market Center | $0 | $0 | NAP | $0 | |
15 | Loan | 12-18 Meserole | $0 | $0 | NAP | $0 |
A-1-23
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGE LOAN RESERVE INFORMATION(16) | |||||||
Loan ID | Footnotes | Property Flag | Deal Name | Upfront Environmental Reserves(17)(18) | Initial Other Reserves(17)(18) | Initial Other Reserves Description | Ongoing Other Reserves |
16 | Loan | Kings Mountain Center | $0 | $0 | NAP | $0 | |
17 | Loan | 950 2nd Avenue | $0 | $54,374 | Payment Reserve | $0 | |
18 | Loan | Towneplace Suites Lakeland | $0 | Springing | PIP Reserve | Seasonality Reserve (Springing) | |
19 | Loan | Equinox Bloomfield Hills | $0 | $0 | NAP | $0 | |
20 | Loan | Maple Research Office Park | $0 | $497,335 | EDAG Free Rent Reserve ($257,495); RAND TI/LC Reserve ($114,625); EDAG LC Reserve ($90,000); OSRAM LC Reserve ($24,000); Rand Free Rent Reserve ($11,215) | $0 | |
21 | Loan | Hunter Plaza | $0 | $81,091 | Free Rent Reserve | Trigger Lease Reserve (Springing) | |
22 | Loan | The Grove at Winter Park | $0 | $38,932 | Free Rent Reserve ($8,932.00); Pet Suppy Reserve ($30,000.00) | $0 | |
23 | Loan | Quail Hollow | $0 | $0 | NAP | $0 | |
24 | Loan | Hampton Inn Livonia | $0 | $12,140 | PIP Reserve | $0 | |
25 | Loan | University Square Bozeman | $0 | $0 | NAP | $0 | |
26 | Loan | Schnader Properties Portfolio | $0 | $0 | NAP | $0 | |
26.01 | Property | Turnquist Apartments | |||||
26.02 | Property | Northern Parkway Apartments | |||||
26.03 | Property | Cypress Garden Apartments | |||||
26.04 | Property | Harford Road Apartments (5101-5105) | |||||
27 | Loan | Staybridge Suites Austin South | $0 | $0 | NAP | $0 | |
28 | Loan | 616 Lofts on Michigan | $0 | $0 | NAP | $0 | |
29 | Loan | 1600 Western Buildings | $0 | $0 | NAP | $0 | |
30 | Loan | Towneplace Suites Albuquerque | $0 | Springing | PIP Reserve | Seasonality Reserve (Springing) | |
31 | Loan | 3030 Bridgeway | $0 | $0 | NAP | $0 | |
32 | Loan | Bell Creek Commons | $0 | $300,380 | Best Buy Reserve | $200,253 | |
33 | Loan | All Storage Watauga | $0 | $0 | NAP | $0 | |
34 | Loan | VASA Fitness Denver | $0 | $0 | NAP | $0 | |
35 | Loan | Ambassador Way | $0 | $0 | NAP | $0 | |
36 | Loan | RV Ranch of Keene | $0 | $0 | NAP | $0 | |
37 | Loan | Union Crossing | $0 | $26,651 | Asiana Reserve | $0 | |
38 | Loan | VASA Fitness Spanish Fork | $0 | $0 | NAP | $0 | |
39 | Loan | Comfort Suites Grand Rapids North | $0 | $329,000 | PIP Reserve | $0 | |
40 | Loan | 27 East 20th Street | $0 | $0 | NAP | $0 | |
41 | Loan | VASA Fitness Kaysville | $0 | $0 | NAP | $0 | |
42 | Loan | Buffalo Springs Point | $0 | $0 | NAP | Trigger Lease Reserve (Springing) | |
43 | Loan | CrestHill Suites - East Syracuse | $0 | $0 | NAP | $0 | |
44 | Loan | Albertsons | $0 | $0 | NAP | $0 | |
45 | Loan | Naples Retail Center | $0 | $12,120 | Free Rent Reserve | $9,110 | |
46 | Loan | Walnut Professional Building | $0 | $0 | NAP | $0 | |
47 | Loan | Microtel Michigan City | $0 | $0 | NAP | Seasonality Reserve; PIP Reserve (Springing) |
A-1-24
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
Loan ID | Footnotes | Property Flag | Deal Name | Ongoing Other Reserves Description | Other Reserves Cap(19) | Holdback(20) |
1 | Loan | 3 Columbus Circle | If a Tenant BK Trigger or Tenant Vacancy Trigger has occurred, Borrower shall deposit with Lender all excess cash flow in the cash management account as additional security to cover expenses anticipated to be incurred in connection with re-leasing the Young & Rubicam Space. | $40,000,000 | No | |
2 | Loan | GNL Industrial Portfolio | During continuance of a Cash Sweep Period, the amounts of rents and other charges due under the Ground Sublease that will be payable by Akron Borrower as sublessee under the Ground Sublease. | NAP | No | |
2.01 | Property | FedEx Ground Package System - San Antonio | ||||
2.02 | Property | Rubbermaid - Akron | ||||
2.03 | Property | Bush Industries - Jamestown | ||||
2.04 | Property | Chemours - Pass Christian | ||||
2.05 | Property | Wolverine World Wide - Howard City | ||||
2.06 | Property | FedEx Freight - Greenville | ||||
2.07 | Property | Diebold Nixdorf - North Canton | ||||
2.08 | Property | FedEx Freight - Blackfoot | ||||
2.09 | Property | Mapes & Sprowl Steel - Elk Grove Village | ||||
2.10 | Property | XPO Logistics - Grand Rapids | ||||
2.11 | Property | XPO Logistics - Aurora | ||||
2.12 | Property | XPO Logistics - Salina | ||||
2.13 | Property | XPO Logistics - Riverton | ||||
2.14 | Property | XPO Logistics - Waite Park | ||||
2.15 | Property | XPO Logistics - Uhrichsville | ||||
2.16 | Property | XPO Logistics - Vincennes | ||||
3 | Loan | Embassy Suites Seattle Bellevue | Seasonality Reserve shall commence 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, Borrower shall deposit with Lender an amount equal to $25,000. | NAP | No | |
4 | Loan | SWVP Portfolio | Hotel Tax Reserve | NAP | No | |
4.01 | Property | InterContinental | ||||
4.02 | Property | DoubleTree Sunrise | ||||
4.03 | Property | DoubleTree Charlotte | ||||
4.04 | Property | DoubleTree RTP | ||||
5 | Loan | Hilton Baltimore BWI Airport | Seasonality Reserve | NAP | No | |
6 | Loan | Santa Fe Portfolio | NAP | NAP | No | |
6.01 | Property | The Peters Project | ||||
6.02 | Property | Plaza Mercado | ||||
6.03 | Property | Century Plaza | ||||
6.04 | Property | Peters Corp. HQ | ||||
6.05 | Property | Santa Fe Properties | ||||
6.06 | Property | Springer Plaza | ||||
6.07 | Property | 132 E. Marcy | ||||
6.08 | Property | Bendelier House | ||||
6.09 | Property | 216 Washington | ||||
6.10 | Property | El Mercado Viejo | ||||
6.11 | Property | 417-419 Orchard | ||||
7 | Loan | ExchangeRight Net Leased Portfolio 26 | NAP | NAP | No | |
7.01 | Property | Hy-Vee - Oakdale (10th Street), MN | ||||
7.02 | Property | Pick n Save - Wausau (Bridge), WI | ||||
7.03 | Property | Tractor Supply - Conroe (Hwy 242), TX | ||||
7.04 | Property | Walgreens - Chalmette (West Judge Perez), LA | ||||
7.05 | Property | Tractor Supply - Santa Fe (FM 1764), TX | ||||
7.06 | Property | Tractor Supply - Odessa (Interstate 20), TX | ||||
7.07 | Property | Walgreens - Cincinnati (Bridgetown), OH | ||||
7.08 | Property | Walgreens - Lafayette (Creasy Lane), IN | ||||
7.09 | Property | Walgreens - McDonough (Hwy 81), GA | ||||
7.10 | Property | CVS - Fayetteville, GA | ||||
7.11 | Property | Tractor Supply - Conyers (Highway 20), GA | ||||
7.12 | Property | Walgreens - Milwaukee (Howell), WI | ||||
7.13 | Property | Advance Auto Parts - Midlothian, VA | ||||
7.14 | Property | AutoZone - Merrillville (Colorado), IN | ||||
7.15 | Property | Dollar General - Uniontown (Cleveland), OH | ||||
7.16 | Property | Dollar General - Cleveland (Dalton), TN | ||||
7.17 | Property | Dollar General - Edinburg (Hwy 107), TX | ||||
7.18 | Property | Dollar General - Alton (West Main), TX | ||||
7.19 | Property | Dollar General - Clarksville (Ash Ridge), TN | ||||
8 | Loan | The Box House Hotel | Borrower shall deposit on each monthly payment Date occurring in April, May, June, July, September and October of each year during the term of the Loan, an aggregate of $615,000 | NAP | Yes | |
9 | Loan | 787 Eleventh Avenue | NAP | NAP | No | |
10 | Loan | Darden Headquarters | NAP | NAP | No | |
11 | Loan | Great Wolf Lodge Southern California | Amortization Reserve (Shall commence if (i) DY < 12.0% as of April 1, 2022, (ii) DY < 13.0% as of April 1, 2024, or (iii) DY < 14.0% as of April 1, 2026); Seasonality Reserve (From June 2019 through August 2019 and, commencing in 2020 and each year thereafter, March through August, the lesser of (i) $280,000 and (ii) available net cash flow) | NAP | No | |
12 | Loan | Ambassador Crossing | During continuance of a Cash Sweep Period 1/12th of the rents due under the Ground Lease | NAP | No | |
13 | Loan | 167 Graham Avenue | NAP | NAP | No | |
14 | Loan | Cardenas Market Center | NAP | NAP | No | |
15 | Loan | 12-18 Meserole | NAP | NAP | No |
A-1-25
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGE LOAN RESERVE INFORMATION(16) | ||||||
Loan ID | Footnotes | Property Flag | Deal Name | Ongoing Other Reserves Description | Other Reserves Cap(19) | Holdback(20) |
16 | Loan | Kings Mountain Center | NAP | NAP | No | |
17 | Loan | 950 2nd Avenue | NAP | NAP | No | |
18 | Loan | Towneplace Suites Lakeland | During continuance of a Cash Sweep Period, $13,750 on each Payment Date occurring in January, February, March and April | $55,000 | No | |
19 | Loan | Equinox Bloomfield Hills | NAP | NAP | No | |
20 | Loan | Maple Research Office Park | NAP | NAP | Yes | |
21 | Loan | Hunter Plaza | On each monthly payment date occurring on or after a Trigger Period, Borrower shall deposit an amount to the Trigger Lease Reserve, for payment of Leasing Costs | NAP | No | |
22 | Loan | The Grove at Winter Park | NAP | NAP | Yes | |
23 | Loan | Quail Hollow | NAP | NAP | No | |
24 | Loan | Hampton Inn Livonia | NAP | NAP | No | |
25 | Loan | University Square Bozeman | NAP | NAP | No | |
26 | Loan | Schnader Properties Portfolio | NAP | NAP | No | |
26.01 | Property | Turnquist Apartments | ||||
26.02 | Property | Northern Parkway Apartments | ||||
26.03 | Property | Cypress Garden Apartments | ||||
26.04 | Property | Harford Road Apartments (5101-5105) | ||||
27 | Loan | Staybridge Suites Austin South | NAP | NAP | No | |
28 | Loan | 616 Lofts on Michigan | NAP | NAP | No | |
29 | Loan | 1600 Western Buildings | NAP | NAP | No | |
30 | Loan | Towneplace Suites Albuquerque | During continuance of a Cash Sweep Period, $6,250 on each Payment Date occurring in July, August, September and October | $25,000 | No | |
31 | Loan | 3030 Bridgeway | NAP | NAP | No | |
32 | Loan | Bell Creek Commons | Best Buy Reserve | NAP | No | |
33 | Loan | All Storage Watauga | NAP | NAP | No | |
34 | Loan | VASA Fitness Denver | NAP | NAP | No | |
35 | Loan | Ambassador Way | NAP | NAP | No | |
36 | Loan | RV Ranch of Keene | NAP | NAP | No | |
37 | Loan | Union Crossing | NAP | NAP | No | |
38 | Loan | VASA Fitness Spanish Fork | NAP | NAP | No | |
39 | Loan | Comfort Suites Grand Rapids North | NAP | NAP | No | |
40 | Loan | 27 East 20th Street | NAP | NAP | No | |
41 | Loan | VASA Fitness Kaysville | NAP | NAP | No | |
42 | Loan | Buffalo Springs Point | On each monthly payment date occurring on or after a Trigger Period, Borrower shall deposit an amount to the Trigger Lease Reserve, for payment of Leasing Costs | NAP | Yes | |
43 | Loan | CrestHill Suites - East Syracuse | NAP | NAP | No | |
44 | Loan | Albertsons | NAP | NAP | No | |
45 | Loan | Naples Retail Center | Condominium Common Charge | NAP | No | |
46 | Loan | Walnut Professional Building | NAP | NAP | No | |
47 | Loan | Microtel Michigan City | Seasonality Reserve: Lesser of (x) the amount by which available cash flow and (y) Seasonality Cap Multiplied by 37% subject to the Seasonality Reserve Cap; PIP Reserve: Borrower shall deposit with Lender any New PIP imposed pursuant to the Franchise Agreement, an amount equal to (a) 125% of the estimated costs to complete, less (b) the amount of FF&E Reserve Funds not allocated for completion of FF&E Work. | Seasonality Reserve: $61,000 | No |
A-1-26
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
THIRD PARTY REPORTS | |||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | Holdback Amount(20) | Holdback Description(20) | Letter of Credit | Letter of Credit Description | Appraisal Value Date | Environmental Phase I Report Date(21) | Phase II Performed(21) | Engineering Report Date | Seismic Zone (Y/N) | Seismic Report Date | PML % | |
1 | Loan | 3 Columbus Circle | NAP | NAP | No | NAP | 1/1/2019 | 1/22/2019 | No | 1/22/2019 | NAP | NAP | NAP | ||
2 | Loan | GNL Industrial Portfolio | NAP | NAP | No | NAP | Various | Various | No | Various | NAP | NAP | NAP | ||
2.01 | Property | FedEx Ground Package System - San Antonio | 1/18/2019 | 1/18/2019 | No | 1/22/2019 | NAP | NAP | NAP | ||||||
2.02 | Property | Rubbermaid - Akron | 1/17/2019 | 1/18/2019 | No | 1/22/2019 | NAP | NAP | NAP | ||||||
2.03 | Property | Bush Industries - Jamestown | 1/21/2019 | 1/22/2019 | No | 1/22/2019 | NAP | NAP | NAP | ||||||
2.04 | Property | Chemours - Pass Christian | 1/18/2019 | 1/22/2019 | No | 1/22/2019 | NAP | NAP | NAP | ||||||
2.05 | Property | Wolverine World Wide - Howard City | 1/21/2019 | 1/21/2019 | No | 1/22/2019 | NAP | NAP | NAP | ||||||
2.06 | Property | FedEx Freight - Greenville | 1/16/2019 | 1/22/2019 | No | 1/22/2019 | NAP | NAP | NAP | ||||||
2.07 | Property | Diebold Nixdorf - North Canton | 1/17/2019 | 1/23/2019 | No | 1/22/2019 | NAP | NAP | NAP | ||||||
2.08 | Property | FedEx Freight - Blackfoot | 1/23/2019 | 1/22/2019 | No | 1/14/2019 | NAP | NAP | NAP | ||||||
2.09 | Property | Mapes & Sprowl Steel - Elk Grove Village | 1/21/2019 | 1/23/2019 | No | 1/23/2019 | NAP | NAP | NAP | ||||||
2.10 | Property | XPO Logistics - Grand Rapids | 1/21/2019 | 1/22/2019 | No | 1/22/2019 | NAP | NAP | NAP | ||||||
2.11 | Property | XPO Logistics - Aurora | 1/23/2019 | 1/21/2019 | No | 1/22/2019 | NAP | NAP | NAP | ||||||
2.12 | Property | XPO Logistics - Salina | 1/16/2019 | 1/17/2019 | No | 1/22/2019 | NAP | NAP | NAP | ||||||
2.13 | Property | XPO Logistics - Riverton | 1/21/2019 | 1/22/2019 | No | 1/22/2019 | NAP | NAP | NAP | ||||||
2.14 | Property | XPO Logistics - Waite Park | 1/21/2019 | 1/21/2019 | No | 1/24/2019 | NAP | NAP | NAP | ||||||
2.15 | Property | XPO Logistics - Uhrichsville | 1/17/2019 | 1/18/2019 | No | 1/22/2019 | NAP | NAP | NAP | ||||||
2.16 | Property | XPO Logistics - Vincennes | 1/23/2019 | 1/22/2019 | No | 1/22/2019 | NAP | NAP | NAP | ||||||
3 | Loan | Embassy Suites Seattle Bellevue | NAP | NAP | No | NAP | 12/14/2018 | 12/10/2018 | Yes | 1/18/2019 | 3 | 1/18/2019 | 12.0% | ||
4 | Loan | SWVP Portfolio | NAP | NAP | No | NAP | 10/16/2018 | 02/01/2019 | No | 02/01/2019 | NAP | NAP | NAP | ||
4.01 | Property | InterContinental | 10/12/2018 | 02/01/2019 | No | 02/01/2019 | NAP | NAP | NAP | ||||||
4.02 | Property | DoubleTree Sunrise | 10/15/2018 | 02/01/2019 | No | 02/01/2019 | NAP | NAP | NAP | ||||||
4.03 | Property | DoubleTree Charlotte | 10/11/2018 | 02/01/2019 | No | 02/01/2019 | NAP | NAP | NAP | ||||||
4.04 | Property | DoubleTree RTP | 10/16/2018 | 02/01/2019 | No | 02/01/2019 | NAP | NAP | NAP | ||||||
5 | Loan | Hilton Baltimore BWI Airport | NAP | NAP | No | NAP | 1/10/2019 | 2/1/2019 | No | 1/15/2019 | NAP | NAP | NAP | ||
6 | Loan | Santa Fe Portfolio | NAP | NAP | No | NAP | 8/31/2018 | Various | No | Various | NAP | NAP | NAP | ||
6.01 | Property | The Peters Project | 8/31/2018 | 9/24/2018 | No | 9/13/2018 | NAP | NAP | NAP | ||||||
6.02 | Property | Plaza Mercado | 8/31/2018 | 10/5/2018 | No | 9/17/2018 | NAP | NAP | NAP | ||||||
6.03 | Property | Century Plaza | 8/31/2018 | 9/25/2018 | No | 9/18/2018 | NAP | NAP | NAP | ||||||
6.04 | Property | Peters Corp. HQ | 8/31/2018 | 9/24/2018 | No | 9/18/2018 | NAP | NAP | NAP | ||||||
6.05 | Property | Santa Fe Properties | 8/31/2018 | 9/24/2018 | No | 9/13/2018 | NAP | NAP | NAP | ||||||
6.06 | Property | Springer Plaza | 8/31/2018 | 10/8/2018 | No | 9/18/2018 | NAP | NAP | NAP | ||||||
6.07 | Property | 132 E. Marcy | 8/31/2018 | 9/26/2018 | No | 9/18/2018 | NAP | NAP | NAP | ||||||
6.08 | Property | Bendelier House | 8/31/2018 | 9/24/2018 | No | 9/17/2018 | NAP | NAP | NAP | ||||||
6.09 | Property | 216 Washington | 8/31/2018 | 10/5/2018 | No | 9/18/2018 | NAP | NAP | NAP | ||||||
6.10 | Property | El Mercado Viejo | 8/31/2018 | 10/5/2018 | No | 9/18/2018 | NAP | NAP | NAP | ||||||
6.11 | Property | 417-419 Orchard | 8/31/2018 | 10/8/2018 | No | 9/18/2018 | NAP | NAP | NAP | ||||||
7 | Loan | ExchangeRight Net Leased Portfolio 26 | NAP | NAP | No | NAP | Various | Various | Various | Various | NAP | NAP | NAP | ||
7.01 | Property | Hy-Vee - Oakdale (10th Street), MN | 11/20/2018 | 12/12/2018 | Yes | 11/12/2018 | NAP | NAP | NAP | ||||||
7.02 | Property | Pick n Save - Wausau (Bridge), WI | 02/04/2019 | 1/29/2019 | No | 01/29/2019 | NAP | NAP | NAP | ||||||
7.03 | Property | Tractor Supply - Conroe (Hwy 242), TX | 02/01/2019 | 02/12/2019 | No | 02/12/2019 | NAP | NAP | NAP | ||||||
7.04 | Property | Walgreens - Chalmette (West Judge Perez), LA | 02/12/2019 | 02/21/2019 | No | 02/20/2019 | NAP | NAP | NAP | ||||||
7.05 | Property | Tractor Supply - Santa Fe (FM 1764), TX | 02/06/2019 | 02/12/2019 | No | 02/12/2019 | NAP | NAP | NAP | ||||||
7.06 | Property | Tractor Supply - Odessa (Interstate 20), TX | 02/15/2019 | 02/20/2019 | No | 02/20/2019 | NAP | NAP | NAP | ||||||
7.07 | Property | Walgreens - Cincinnati (Bridgetown), OH | 02/04/2019 | 02/05/2019 | No | 02/05/2019 | NAP | NAP | NAP | ||||||
7.08 | Property | Walgreens - Lafayette (Creasy Lane), IN | 02/02/2019 | 02/08/2019 | No | 02/08/2019 | NAP | NAP | NAP | ||||||
7.09 | Property | Walgreens - McDonough (Hwy 81), GA | 02/05/2019 | 02/05/2019 | No | 02/05/2019 | NAP | NAP | NAP | ||||||
7.10 | Property | CVS - Fayetteville, GA | 02/05/2019 | 02/08/2019 | No | 01/08/2019 | NAP | NAP | NAP | ||||||
7.11 | Property | Tractor Supply - Conyers (Highway 20), GA | 01/30/2019 | 12/21/2018 | No | 12/21/2018 | NAP | NAP | NAP | ||||||
7.12 | Property | Walgreens - Milwaukee (Howell), WI | 02/01/2019 | 02/11/2019 | No | 02/11/2019 | NAP | NAP | NAP | ||||||
7.13 | Property | Advance Auto Parts - Midlothian, VA | 02/05/2019 | 02/08/2019 | No | 02/08/2019 | NAP | NAP | NAP | ||||||
7.14 | Property | AutoZone - Merrillville (Colorado), IN | 02/04/2019 | 01/15/2019 | No | 01/15/2019 | NAP | NAP | NAP | ||||||
7.15 | Property | Dollar General - Uniontown (Cleveland), OH | 02/02/2019 | 01/15/2019 | No | 01/15/2019 | NAP | NAP | NAP | ||||||
7.16 | Property | Dollar General - Cleveland (Dalton), TN | 01/31/2019 | 12/21/2018 | No | 12/21/2018 | NAP | NAP | NAP | ||||||
7.17 | Property | Dollar General - Edinburg (Hwy 107), TX | 02/05/2019 | 12/21/2018 | No | 12/21/2018 | NAP | NAP | NAP | ||||||
7.18 | Property | Dollar General - Alton (West Main), TX | 02/05/2019 | 12/21/2018 | No | 12/21/2018 | NAP | NAP | NAP | ||||||
7.19 | Property | Dollar General - Clarksville (Ash Ridge), TN | 02/04/2019 | 12/21/2018 | No | 12/21/2018 | NAP | NAP | NAP | ||||||
8 | Loan | The Box House Hotel | $1,000,000 | Performance Earnout | No | NAP | 2/14/2019 | 2/26/2019 | No | 2/27/2019 | NAP | NAP | NAP | ||
9 | Loan | 787 Eleventh Avenue | NAP | NAP | No | NAP | 12/2/2018 | 12/11/2018 | No | 11/16/2018 | NAP | NAP | NAP | ||
10 | Loan | Darden Headquarters | NAP | NAP | No | NAP | 11/29/2018 | 11/28/2018 | No | 11/29/2018 | NAP | NAP | NAP | ||
11 | Loan | Great Wolf Lodge Southern California | NAP | NAP | No | NAP | 11/28/2018 | 12/6/2018 | No | 12/6/2018 | 4 | 12/6/2018 | 4.0% | ||
12 | Loan | Ambassador Crossing | NAP | NAP | No | NAP | 1/16/2019 | 1/23/2019 | Yes | 1/22/2019 | NAP | NAP | NAP | ||
13 | Loan | 167 Graham Avenue | NAP | NAP | No | NAP | 4/16/2019 | 4/25/2019 | No | 4/25/2019 | NAP | NAP | NAP | ||
14 | Loan | Cardenas Market Center | NAP | NAP | No | NAP | 4/26/2019 | 4/29/2019 | No | 4/29/2019 | 4 | 4/29/2019 | 11.0% | ||
15 | Loan | 12-18 Meserole | NAP | NAP | No | NAP | 3/28/2019 | 4/5/2019 | No | 4/5/2019 | NAP | NAP | NAP |
A-1-27
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
MORTGAGE LOAN RESERVE INFORMATION(16) | THIRD PARTY REPORTS | |||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | Holdback Amount(20) | Holdback Description(20) | Letter of Credit | Letter of Credit Description | Appraisal Value Date | Environmental Phase I Report Date(21) | Phase II Performed(21) | Engineering Report Date | Seismic Zone (Y/N) | Seismic Report Date | PML % | ||
16 | Loan | Kings Mountain Center | NAP | NAP | No | NAP | 02/07/2019 | 02/27/2019 | No | 03/20/2019 | NAP | NAP | NAP | |||
17 | Loan | 950 2nd Avenue | NAP | NAP | No | NAP | 4/18/2019 | 4/24/2019 | No | 4/24/2019 | NAP | NAP | NAP | |||
18 | Loan | Towneplace Suites Lakeland | NAP | NAP | No | NAP | 3/8/2019 | 3/20/2019 | No | 3/20/2019 | NAP | NAP | NAP | |||
19 | Loan | Equinox Bloomfield Hills | NAP | NAP | No | NAP | 1/28/2019 | 2/1/2019 | No | 2/1/2019 | NAP | NAP | NAP | |||
20 | Loan | Maple Research Office Park | $1,330,000 | Loan Proceeds Holdback in the amount of $1,330,000, which will be released to the borrower upon (i) Pluto, or another tenant, signing a lease on terms as described in the loan documents and taking occupancy at the property and (ii) the debt yield (as calculated in the loan documents) being greater than or equal to 12.8%. A partial disbursement of the reserve is permitted, assuming Pluto signs its lease and takes occupancy at the property, in an amount that would cause the debt yield following such disbursement to be 12.8%. | No | NAP | 3/27/2019 | 3/27/2019 | No | 3/27/2019 | NAP | NAP | NAP | |||
21 | Loan | Hunter Plaza | NAP | NAP | No | NAP | 4/1/2019 | 4/5/2019 | No | 4/8/2019 | NAP | NAP | NAP | |||
22 | Loan | The Grove at Winter Park | $1,625,000 | Capitalized Holdback Reserve | No | NAP | 2/15/2019 | 1/31/2019 | No | 1/31/2019 | NAP | NAP | NAP | |||
23 | Loan | Quail Hollow | NAP | NAP | No | NAP | 4/9/2019 | 3/20/2019 | No | 4/3/2019 | NAP | NAP | NAP | |||
24 | Loan | Hampton Inn Livonia | NAP | NAP | No | NAP | 4/9/2019 | 4/12/2019 | No | 4/12/2019 | NAP | NAP | NAP | |||
25 | Loan | University Square Bozeman | NAP | NAP | No | NAP | 10/3/2018 | 10/8/2018 | No | 10/8/2018 | Zone 2A | 11/6/2018 | 7.0% | |||
26 | Loan | Schnader Properties Portfolio | NAP | NAP | No | NAP | 4/3/2019 | 4/18/2019 | No | 4/18/2019 | NAP | NAP | NAP | |||
26.01 | Property | Turnquist Apartments | 4/3/2019 | 4/18/2019 | No | 4/18/2019 | NAP | NAP | NAP | |||||||
26.02 | Property | Northern Parkway Apartments | 4/3/2019 | 4/18/2019 | No | 4/18/2019 | NAP | NAP | NAP | |||||||
26.03 | Property | Cypress Garden Apartments | 4/3/2019 | 4/18/2019 | No | 4/18/2019 | NAP | NAP | NAP | |||||||
26.04 | Property | Harford Road Apartments (5101-5105) | 4/3/2019 | 4/18/2019 | No | 4/18/2019 | NAP | NAP | NAP | |||||||
27 | Loan | Staybridge Suites Austin South | NAP | NAP | No | NAP | 03/14/2019 | 03/28/2019 | No | 03/28/2019 | NAP | NAP | NAP | |||
28 | Loan | 616 Lofts on Michigan | NAP | NAP | No | NAP | 5/1/2019 | 5/20/2019 | No | 8/9/2018 | NAP | NAP | NAP | |||
29 | Loan | 1600 Western Buildings | NAP | NAP | No | NAP | 11/26/2018 | 3/5/2019 | No | 1/2/2019 | NAP | NAP | NAP | |||
30 | Loan | Towneplace Suites Albuquerque | NAP | NAP | No | NAP | 3/11/2019 | 3/19/2019 | No | 3/19/2019 | NAP | NAP | NAP | |||
31 | Loan | 3030 Bridgeway | NAP | NAP | No | NAP | 3/7/2019 | 3/14/2019 | No | 3/12/2019 | 4 | 3/18/2019 | 19.0% | |||
32 | Loan | Bell Creek Commons | NAP | NAP | No | NAP | 12/29/2018 | 1/10/2019 | No | 1/10/2019 | NAP | NAP | NAP | |||
33 | Loan | All Storage Watauga | NAP | NAP | No | NAP | 03/26/2019 | 04/02/2019 | No | 04/02/2019 | NAP | NAP | NAP | |||
34 | Loan | VASA Fitness Denver | NAP | NAP | No | NAP | 04/12/2019 | 04/12/2019 | No | 04/12/2019 | NAP | NAP | NAP | |||
35 | Loan | Ambassador Way | NAP | NAP | No | NAP | 03/26/2019 | 04/30/2019 | No | 04/27/2019 | NAP | NAP | NAP | |||
36 | Loan | RV Ranch of Keene | NAP | NAP | No | NAP | 2/19/2019 | 2/21/2019 | No | 2/21/2019 | NAP | NAP | NAP | |||
37 | Loan | Union Crossing | NAP | NAP | No | NAP | 11/7/2018 | 12/27/2018 | No | 1/4/2019 | NAP | NAP | NAP | |||
38 | Loan | VASA Fitness Spanish Fork | NAP | NAP | No | NAP | 04/01/2019 | 04/12/2019 | No | 04/12/2019 | 3 | 04/11/2019 | 7.0% | |||
39 | Loan | Comfort Suites Grand Rapids North | NAP | NAP | No | NAP | 4/1/2019 | 4/10/2019 | No | 4/10/2019 | NAP | NAP | NAP | |||
40 | Loan | 27 East 20th Street | NAP | NAP | No | NAP | 2/7/2019 | 2/19/2019 | No | 2/19/2019 | NAP | NAP | NAP | |||
41 | Loan | VASA Fitness Kaysville | NAP | NAP | No | NAP | 04/02/2019 | 04/12/2019 | No | 04/15/2019 | 3 | 04/11/2019 | 6.0% | |||
42 | Loan | Buffalo Springs Point | $1,250,000 | Firefly Holdback Reserve | No | NAP | 4/18/2019 | 4/29/2019 | No | 5/22/2019 | NAP | NAP | NAP | |||
43 | Loan | CrestHill Suites - East Syracuse | NAP | NAP | No | NAP | 01/03/2019 | 01/10/2019 | No | 01/09/2019 | NAP | NAP | NAP | |||
44 | Loan | Albertsons | NAP | NAP | No | NAP | 10/9/2018 | 10/16/2018 | No | 10/16/2018 | NAP | NAP | NAP | |||
45 | Loan | Naples Retail Center | NAP | NAP | No | NAP | 2/4/2019 | 2/8/2019 | No | 2/8/2019 | NAP | NAP | NAP | |||
46 | Loan | Walnut Professional Building | NAP | NAP | No | NAP | 3/29/2019 | 4/5/2019 | No | 4/5/2019 | 4 | 4/5/2019 | 12.0% | |||
47 | Loan | Microtel Michigan City | NAP | NAP | No | NAP | 5/8/2019 | 5/10/2019 | No | 10/16/2018 | NAP | NAP | NAP |
A-1-28
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
ADDITIONAL PERMITTED DEBT | TOTAL MORTGAGE DEBT INFORMATION | TOTAL DEBT INFORMATION | |||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | 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 | 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 | 3 Columbus Circle | No | NAP | $490,000,000 | $105,000,000 | 55.1% | 2.40x | 10.2% | NAP | 55.1% | 2.40x | 10.2% | ||||
2 | Loan | GNL Industrial Portfolio | No | NAP | $97,500,000 | NAP | 65.0% | 1.98x | 9.8% | NAP | 65.0% | 1.98x | 9.8% | ||||
2.01 | Property | FedEx Ground Package System - San Antonio | 65.0% | 1.98x | 9.8% | 65.0% | 1.98x | 9.8% | |||||||||
2.02 | Property | Rubbermaid - Akron | 65.0% | 1.98x | 9.8% | 65.0% | 1.98x | 9.8% | |||||||||
2.03 | Property | Bush Industries - Jamestown | 65.0% | 1.98x | 9.8% | 65.0% | 1.98x | 9.8% | |||||||||
2.04 | Property | Chemours - Pass Christian | 65.0% | 1.98x | 9.8% | 65.0% | 1.98x | 9.8% | |||||||||
2.05 | Property | Wolverine World Wide - Howard City | 65.0% | 1.98x | 9.8% | 65.0% | 1.98x | 9.8% | |||||||||
2.06 | Property | FedEx Freight - Greenville | 65.0% | 1.98x | 9.8% | 65.0% | 1.98x | 9.8% | |||||||||
2.07 | Property | Diebold Nixdorf - North Canton | 65.0% | 1.98x | 9.8% | 65.0% | 1.98x | 9.8% | |||||||||
2.08 | Property | FedEx Freight - Blackfoot | 65.0% | 1.98x | 9.8% | 65.0% | 1.98x | 9.8% | |||||||||
2.09 | Property | Mapes & Sprowl Steel - Elk Grove Village | 65.0% | 1.98x | 9.8% | 65.0% | 1.98x | 9.8% | |||||||||
2.10 | Property | XPO Logistics - Grand Rapids | 65.0% | 1.98x | 9.8% | 65.0% | 1.98x | 9.8% | |||||||||
2.11 | Property | XPO Logistics - Aurora | 65.0% | 1.98x | 9.8% | 65.0% | 1.98x | 9.8% | |||||||||
2.12 | Property | XPO Logistics - Salina | 65.0% | 1.98x | 9.8% | 65.0% | 1.98x | 9.8% | |||||||||
2.13 | Property | XPO Logistics - Riverton | 65.0% | 1.98x | 9.8% | 65.0% | 1.98x | 9.8% | |||||||||
2.14 | Property | XPO Logistics - Waite Park | 65.0% | 1.98x | 9.8% | 65.0% | 1.98x | 9.8% | |||||||||
2.15 | Property | XPO Logistics - Uhrichsville | 65.0% | 1.98x | 9.8% | 65.0% | 1.98x | 9.8% | |||||||||
2.16 | Property | XPO Logistics - Vincennes | 65.0% | 1.98x | 9.8% | 65.0% | 1.98x | 9.8% | |||||||||
3 | Loan | Embassy Suites Seattle Bellevue | No | NAP | NAP | NAP | 64.8% | 1.55x | 11.9% | NAP | 64.8% | 1.55x | 11.9% | ||||
4 | Loan | SWVP Portfolio | No | NAP | $200,000,000 | NAP | 59.6% | 2.04x | 11.9% | NAP | 59.6% | 2.04x | 11.9% | ||||
4.01 | Property | InterContinental | 59.6% | 2.04x | 11.9% | 59.6% | 2.04x | 11.9% | |||||||||
4.02 | Property | DoubleTree Sunrise | 59.6% | 2.04x | 11.9% | 59.6% | 2.04x | 11.9% | |||||||||
4.03 | Property | DoubleTree Charlotte | 59.6% | 2.04x | 11.9% | 59.6% | 2.04x | 11.9% | |||||||||
4.04 | Property | DoubleTree RTP | 59.6% | 2.04x | 11.9% | 59.6% | 2.04x | 11.9% | |||||||||
5 | Loan | Hilton Baltimore BWI Airport | No | NAP | NAP | $186,039 | 71.2% | 1.74x | 12.7% | $4,241,230 | 78.9% | 1.43x | 11.5% | ||||
6 | Loan | Santa Fe Portfolio | No | NAP | NAP | NAP | 68.0% | 1.42x | 10.6% | NAP | 68.0% | 1.42x | 10.6% | ||||
6.01 | Property | The Peters Project | 68.0% | 1.42x | 10.6% | 68.0% | 1.42x | 10.6% | |||||||||
6.02 | Property | Plaza Mercado | 68.0% | 1.42x | 10.6% | 68.0% | 1.42x | 10.6% | |||||||||
6.03 | Property | Century Plaza | 68.0% | 1.42x | 10.6% | 68.0% | 1.42x | 10.6% | |||||||||
6.04 | Property | Peters Corp. HQ | 68.0% | 1.42x | 10.6% | 68.0% | 1.42x | 10.6% | |||||||||
6.05 | Property | Santa Fe Properties | 68.0% | 1.42x | 10.6% | 68.0% | 1.42x | 10.6% | |||||||||
6.06 | Property | Springer Plaza | 68.0% | 1.42x | 10.6% | 68.0% | 1.42x | 10.6% | |||||||||
6.07 | Property | 132 E. Marcy | 68.0% | 1.42x | 10.6% | 68.0% | 1.42x | 10.6% | |||||||||
6.08 | Property | Bendelier House | 68.0% | 1.42x | 10.6% | 68.0% | 1.42x | 10.6% | |||||||||
6.09 | Property | 216 Washington | 68.0% | 1.42x | 10.6% | 68.0% | 1.42x | 10.6% | |||||||||
6.10 | Property | El Mercado Viejo | 68.0% | 1.42x | 10.6% | 68.0% | 1.42x | 10.6% | |||||||||
6.11 | Property | 417-419 Orchard | 68.0% | 1.42x | 10.6% | 68.0% | 1.42x | 10.6% | |||||||||
7 | Loan | ExchangeRight Net Leased Portfolio 26 | No | NAP | $55,000,000 | NAP | 61.7% | 1.92x | 9.3% | NAP | 61.7% | 1.92x | 9.3% | ||||
7.01 | Property | Hy-Vee - Oakdale (10th Street), MN | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.02 | Property | Pick n Save - Wausau (Bridge), WI | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.03 | Property | Tractor Supply - Conroe (Hwy 242), TX | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.04 | Property | Walgreens - Chalmette (West Judge Perez), LA | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.05 | Property | Tractor Supply - Santa Fe (FM 1764), TX | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.06 | Property | Tractor Supply - Odessa (Interstate 20), TX | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.07 | Property | Walgreens - Cincinnati (Bridgetown), OH | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.08 | Property | Walgreens - Lafayette (Creasy Lane), IN | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.09 | Property | Walgreens - McDonough (Hwy 81), GA | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.10 | Property | CVS - Fayetteville, GA | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.11 | Property | Tractor Supply - Conyers (Highway 20), GA | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.12 | Property | Walgreens - Milwaukee (Howell), WI | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.13 | Property | Advance Auto Parts - Midlothian, VA | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.14 | Property | AutoZone - Merrillville (Colorado), IN | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.15 | Property | Dollar General - Uniontown (Cleveland), OH | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.16 | Property | Dollar General - Cleveland (Dalton), TN | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.17 | Property | Dollar General - Edinburg (Hwy 107), TX | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.18 | Property | Dollar General - Alton (West Main), TX | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
7.19 | Property | Dollar General - Clarksville (Ash Ridge), TN | 61.7% | 1.92x | 9.3% | 61.7% | 1.92x | 9.3% | |||||||||
8 | Loan | The Box House Hotel | No | NAP | NAP | NAP | 59.6% | 1.57x | 11.6% | NAP | 59.6% | 1.57x | 11.6% | ||||
9 | Loan | 787 Eleventh Avenue | No | NAP | $175,000,000 | $235,000,000 | 63.1% | 1.17x | 6.2% | NAP | 63.1% | 1.17x | 6.2% | ||||
10 | Loan | Darden Headquarters | No | NAP | $110,000,000 | NAP | 69.9% | 1.67x | 8.1% | NAP | 69.9% | 1.67x | 8.1% | ||||
11 | Loan | Great Wolf Lodge Southern California | No | NAP | $150,000,000 | $20,000,000 | 56.1% | 1.89x | 12.9% | NAP | 56.1% | 1.89x | 12.9% | ||||
12 | Loan | Ambassador Crossing | No | NAP | NAP | NAP | 64.6% | 1.37x | 9.4% | NAP | 64.6% | 1.37x | 9.4% | ||||
13 | Loan | 167 Graham Avenue | No | NAP | NAP | NAP | 65.9% | 1.45x | 6.6% | NAP | 65.9% | 1.45x | 6.6% | ||||
14 | Loan | Cardenas Market Center | No | NAP | NAP | NAP | 60.7% | 2.48x | 10.6% | NAP | 60.7% | 2.48x | 10.6% | ||||
15 | Loan | 12-18 Meserole | No | NAP | NAP | NAP | 63.1% | 1.40x | 7.1% | NAP | 63.1% | 1.40x | 7.1% |
A-1-29
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
ADDITIONAL PERMITTED DEBT | TOTAL MORTGAGE DEBT INFORMATION | TOTAL DEBT INFORMATION | ||||||||||||||
Loan ID | Footnotes | Property Flag | Deal Name | 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 | 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 | ||
16 | Loan | Kings Mountain Center | No | NAP | $42,000,000 | NAP | 56.0% | 1.75x | 11.5% | NAP | 56.0% | 1.75x | 11.5% | |||
17 | Loan | 950 2nd Avenue | No | NAP | NAP | NAP | 54.1% | 1.66x | 7.2% | NAP | 54.1% | 1.66x | 7.2% | |||
18 | Loan | Towneplace Suites Lakeland | No | NAP | NAP | NAP | 72.5% | 1.70x | 11.7% | NAP | 72.5% | 1.70x | 11.7% | |||
19 | Loan | Equinox Bloomfield Hills | No | NAP | NAP | NAP | 68.8% | 1.42x | 8.0% | NAP | 68.8% | 1.42x | 8.0% | |||
20 | Loan | Maple Research Office Park | No | NAP | NAP | NAP | 68.3% | 1.60x | 12.8% | NAP | 68.3% | 1.60x | 12.8% | |||
21 | Loan | Hunter Plaza | No | NAP | NAP | NAP | 66.7% | 1.58x | 9.9% | NAP | 66.7% | 1.58x | 9.9% | |||
22 | Loan | The Grove at Winter Park | No | NAP | NAP | NAP | 66.7% | 1.42x | 10.1% | NAP | 66.7% | 1.42x | 10.1% | |||
23 | Loan | Quail Hollow | No | NAP | NAP | NAP | 73.0% | 1.50x | 11.0% | NAP | 73.0% | 1.50x | 11.0% | |||
24 | Loan | Hampton Inn Livonia | No | NAP | NAP | NAP | 58.9% | 1.68x | 11.9% | NAP | 58.9% | 1.68x | 11.9% | |||
25 | Loan | University Square Bozeman | No | NAP | NAP | NAP | 59.6% | 1.45x | 9.9% | NAP | 59.6% | 1.45x | 9.9% | |||
26 | Loan | Schnader Properties Portfolio | No | NAP | NAP | NAP | 61.6% | 2.05x | 9.8% | NAP | 61.6% | 2.05x | 9.8% | |||
26.01 | Property | Turnquist Apartments | 61.6% | 2.05x | 9.8% | 61.6% | 2.05x | 9.8% | ||||||||
26.02 | Property | Northern Parkway Apartments | 61.6% | 2.05x | 9.8% | 61.6% | 2.05x | 9.8% | ||||||||
26.03 | Property | Cypress Garden Apartments | 61.6% | 2.05x | 9.8% | 61.6% | 2.05x | 9.8% | ||||||||
26.04 | Property | Harford Road Apartments (5101-5105) | 61.6% | 2.05x | 9.8% | 61.6% | 2.05x | 9.8% | ||||||||
27 | Loan | Staybridge Suites Austin South | No | NAP | NAP | NAP | 67.8% | 1.68x | 13.2% | NAP | 67.8% | 1.68x | 13.2% | |||
28 | Loan | 616 Lofts on Michigan | No | NAP | NAP | $1,846,221 | 88.5% | 1.19x | 7.6% | NAP | 88.5% | 1.19x | 7.6% | |||
29 | Loan | 1600 Western Buildings | No | NAP | NAP | NAP | 69.8% | 1.69x | 12.3% | NAP | 69.8% | 1.69x | 12.3% | |||
30 | Loan | Towneplace Suites Albuquerque | No | NAP | NAP | NAP | 69.6% | 1.84x | 12.7% | NAP | 69.6% | 1.84x | 12.7% | |||
31 | Loan | 3030 Bridgeway | No | NAP | NAP | $247,070 | 66.9% | 1.71x | 8.5% | NAP | 66.9% | 1.71x | 8.5% | |||
32 | Loan | Bell Creek Commons | No | NAP | NAP | NAP | 68.5% | 1.68x | 10.8% | NAP | 68.5% | 1.68x | 10.8% | |||
33 | Loan | All Storage Watauga | No | NAP | NAP | NAP | 61.5% | 2.14x | 9.5% | NAP | 61.5% | 2.14x | 9.5% | |||
34 | Loan | VASA Fitness Denver | No | NAP | NAP | NAP | 68.3% | 1.42x | 9.7% | NAP | 68.3% | 1.42x | 9.7% | |||
35 | Loan | Ambassador Way | No | NAP | NAP | NAP | 50.2% | 2.63x | 16.4% | NAP | 50.2% | 2.63x | 16.4% | |||
36 | Loan | RV Ranch of Keene | No | NAP | NAP | NAP | 55.1% | 1.65x | 12.4% | NAP | 55.1% | 1.65x | 12.4% | |||
37 | Loan | Union Crossing | No | NAP | NAP | NAP | 74.6% | 1.64x | 12.2% | NAP | 74.6% | 1.64x | 12.2% | |||
38 | Loan | VASA Fitness Spanish Fork | No | NAP | NAP | NAP | 70.0% | 1.39x | 9.5% | NAP | 70.0% | 1.39x | 9.5% | |||
39 | Loan | Comfort Suites Grand Rapids North | No | NAP | NAP | NAP | 60.9% | 2.44x | 16.9% | NAP | 60.9% | 2.44x | 16.9% | |||
40 | Loan | 27 East 20th Street | No | NAP | NAP | NAP | 62.5% | 1.28x | 7.1% | NAP | 62.5% | 1.28x | 7.1% | |||
41 | Loan | VASA Fitness Kaysville | No | NAP | NAP | NAP | 69.2% | 1.38x | 9.6% | NAP | 69.2% | 1.38x | 9.6% | |||
42 | Loan | Buffalo Springs Point | No | NAP | NAP | NAP | 68.3% | 1.46x | 9.4% | NAP | 68.3% | 1.46x | 9.4% | |||
43 | Loan | CrestHill Suites - East Syracuse | No | NAP | NAP | NAP | 60.0% | 1.90x | 15.7% | NAP | 60.0% | 1.90x | 15.7% | |||
44 | Loan | Albertsons | No | NAP | NAP | NAP | 65.3% | 1.37x | 9.3% | NAP | 65.3% | 1.37x | 9.3% | |||
45 | Loan | Naples Retail Center | No | NAP | NAP | NAP | 70.3% | 1.39x | 10.4% | NAP | 70.3% | 1.39x | 10.4% | |||
46 | Loan | Walnut Professional Building | No | NAP | NAP | NAP | 35.0% | 3.88x | 17.0% | NAP | 35.0% | 3.88x | 17.0% | |||
47 | Loan | Microtel Michigan City | No | NAP | NAP | NAP | 59.3% | 1.65x | 14.6% | NAP | 59.3% | 1.65x | 14.6% |
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CSAIL 2019-C16 | |
FOOTNOTES TO ANNEX A-1 | |
(1) | “Column” denotes Column Financial, Inc., “SGFC” denotes Societe Generale Financial Corporation, “LCF” denotes Ladder Capital Finance LLC, “SMC” denotes Starwood Mortgage Capital LLC and “CIBC” denotes CIBC Inc. |
(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 reflect the allocated loan amount related to such Mortgaged Property. |
(3) | Each of Loan Nos. 1, 2, 4, 7, 9, 10, 11 and 16 is part of a 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”, “—The Non-Serviced AB Whole Loans”, and “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans”, as applicable, in the preliminary prospectus. |
(4) | Loan No. 1, 3 Columbus Circle, a portion of the mortgaged property is subject to a condominium regime. The borrower owns 100% of the condominiums under the condominium regime, and, therefore, owns 100% control of the related condominium board. Please see “Description of the Mortgage Pool—Mortgage Pool Characteristics—Condominium Interests” in the preliminary prospectus for additional information. |
Loan No. 2, GNL Industrial Portfolio, the Diebold Nixdorf – North Canton mortgaged property is ground subleased from the borrowers. The sublease commenced on July 1, 2004 and expires December 31, 2035. The ground sublease provides for two, 20-year extension options and one 19-year extension option with a fully extended ground lease expiration date of December 31, 2094. The ground sublease payments are structured at a current annual rent of $4,806, which increases to $13,960 on July 1, 2024, and to $14,922 on January 1, 2026 continuing through the ground sublease expiration date. The ground lease is between Akron-Canton Regional Airport Authority and ASW Properties, LTD., LLC dated June 15, 1995 with a 40-year lease term expiring December 31, 2035. The ground lease provides for the same extension options as the ground sublease. | |
Loan No. 12, Ambassador Crossing, the mortgaged property is subject to two ground leases. The Phase I - Ground Lease has a 47-year term through September 2060 and the Phase II - Ground Lease has a 47-year term through January 31, 2063. The current rents under the Phase I – Ground Lease and Phase II – Ground Lease are currently $180,000 and $145,000 per year, respectively. | |
(5) | Loan No. 25, University Square Bozeman, the largest tenant, Albertsons, is a tenant at the mortgaged property pursuant to two separate leases: (i) a ground sublease for 30,207 SF and (ii) a direct lease from borrower for 23,539 SF. |
Loan No. 28, 616 Lofts on Michigan, the mortgaged property includes 12,810 SF of retail space. Approximately 24.6% of UW Revenue is attributed to retail tenants. Loan No. 32, Bell Creek Commons, the 2nd largest tenant, Chick-Fil-A, owns its respective improvements (4,312 SF; 9.2% NRA) and is subject to a ground lease. | |
Loan No. 40, 27 East 20th Street, square footage includes three multifamily units (2,950 SF and 48.6% of gross potential rent) and 1,548 SF of retail space (51.4% of gross potential rent), but does not include 475 SF of basement space. | |
(6) | Loan No. 9, 787 Eleventh Avenue, the 2nd largest tenant, Nissan North America, which leases 106,391 SF through July 31, 2032, is currently building out its space and the expected occupancy date has not been determined. The 3rd largest tenant, Regus, which leases 99,337 SF through October 31, 2031, and the 4th largest tenant, Pershing Square, which leases 66,757 SF through January 30, 2034, are both currently building out their respective spaces and are expected to take occupancy in 2019. |
Loan No. 20, Maple Research Office Park, the 4th largest tenant, EDAG, presently occupies 15,060 SF, but is anticipated to relocate to a 22,115 SF suite by August 2019. At origination, the lender reserved $257,495 for the rent differential for June & July plus all free rent. | |
Loan No. 21, Hunter Plaza, $81,091 was reserved for free rent owed to the 2nd largest tenant, US Healthmarket, the 3rd largest tenant, Munch & Crunch, LLC, and two other non-top 5 tenants at the mortgaged |
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property. The above tenants have accepted their space but have not opened for business or commenced paying rent. | |
Loan No. 35, Ambassador Way, a 25,332 SF area located in the rear of the mortgaged property is currently vacant and in shell condition. The borrower does not plan to lease out this area for retail use due to its lack of visibility as a result of being located in the rear of the mortgaged property and a lack of nearby parking space. The 25,332 SF area is anticipated to remain vacant and was treated as static vacancy, resulting in a net rentable area of 172,019 SF and a current occupancy of 100%. | |
Loan No. 42, Buffalo Springs Point, the 3rd largest tenant, Firefly, has not accepted its space or begun paying rent. $1,250,000 was heldback at origination. | |
(7) | Loan No. 4, SWVP Portfolio , the Appraised Value represent the “As Is Portfolio” value of $335,600,000, includes a portfolio premium of the mortgaged property if sold together on a bulk basis. The sum of the “As Is” Appraised Values of the individual SWVP Portfolio mortgaged properties on a stand-alone basis is $316,600,000. The Cut-Off Date LTV Ratio and Maturity Date LTV Ratio representing the sum of the “As Is” Appraised Values are 63.2%. The appraisal concluded an “As Is” Appraised Value of $45,400,000 and “As Is Capital Deduction Assumed” Appraised Value of $50,000,000 for the DoubleTree Charlotte mortgaged property. The SWVP Portfolio Whole Loan borrower escrowed $5,000,000 for the PIP Reserve at origination. |
Loan No. 9, 787 Eleventh Avenue, the whole loan was underwritten based on an appraised value for the mortgaged 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 mortgaged property benefiting from tax savings in an amount valued at $31,200,000 on a present value basis, which would result in a Cut-Off Date LTV Ratio of 26.9%. | |
Loan No. 39, Comfort Suites Grand Rapids North, the Appraised Value represents the “As-Is” appraised value of $10,000,000 as of April 1, 2019. The appraiser also concluded an “As Is – Deduction is Escrowed” appraised value of $10,300,000 as of April 1, 2019, which assumes the completion of a property improvement plan at the mortgaged property totaling approximately $330,000 ($329,000 was escrowed at origination) which would result in a Cut-Off Date LTV Ratio of 59.2%. | |
(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 preliminary prospectus. See “Description of the Mortgage Pool–Mortgaged Property 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 Loan Nos. 2, 4, 6, 9 and 21, 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; Collateral Substitution” and “—Partial Releases” in the preliminary prospectus. |
(13) | With respect to Loan Nos. 2, 6, 7, 9, 16, 19, 21, 22, 24, 34, 38, 40, 41, 42, 43 and 44, certain 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 |
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not provide the related mortgage loan seller with historical financial information for the related mortgaged property. | |
Loan No. 6, Santa Fe Portfolio, 2016 and 2017 NOI and occupancy include only seven mortgaged properties, which were previously securitized. During such time the remaining four mortgaged properties were not yet part of the portfolio and therefore historical financials are not available. | |
(14) | Loan No. 1, 3 Columbus Circle, the mortgaged property is subject to a property tax exemption pursuant to an Industrial & Commercial Incentive Program (“ICIP”), which is scheduled to end in 2022. Based on the appraisal obtained at origination, the tax benefits began to phase out in fiscal year 2017/18, when the applicable exemption was 80% of the full exemption amount, resulting in the tax liability of $6,704,066 for an abatement of $479,428, and will expire in 2020/21, when the applicable exemption will be 20% of the full exemption amount, resulting in an estimated tax liability of $8,177,042 for an abatement of $138,749. The lender underwrote the real estate taxes based on the full real estate taxes without accounting for the exemption. See “Description of the Mortgage Pool—Real Estate and Other Tax Considerations” in the preliminary prospectus for additional information. |
(15) | 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. |
(16) | The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease with respect to all or a portion of its leased space prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the subject lease. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” in the preliminary prospectus for information regarding certain lease termination options affecting the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans. |
Loan No. 20, Maple Research Office Park, the 2nd largest tenant, Mackevision Corporation, has a one-time option to terminate its lease effective June 2021 with nine months’ notice and payment of a termination fee equal to approximately $394,114. | |
Loan No. 32, Bell Creek Commons, the largest tenant, Best Buy, has a one-time option to terminate its lease effective March 2021 with six months’ notice. | |
Loan No. 46, Walnut Professional Building, the 5th largest tenant, Jason Brown, has the right to terminate its lease by providing 90 days’ notice. | |
(17) | 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. |
(18) | Represents the amount deposited by the borrower at origination. All or a portion of this amount may have been released pursuant to the terms of the related loan documents. |
(19) | 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. |
(20) | Loan No. 8, The Box House Hotel, the mortgage loan included the funding of a $1.0 million earnout reserve controlled by the lender, which may be released provided that, among other conditions, an 11.0% net cash flow debt yield is achieved and underwritten gross revenue is not less than $7,397,073. In the event the earnout conditions are not met by November 2021, at the option of the lender the mortgage loan may be paid down by $1,000,000 (with the borrower paying any yield maintenance penalty separately) or the funds may be retained as additional collateral for the mortgage loan. The Cut-Off Date LTV Ratio and UW NOI/ NCF Debt Yield, based on the net mortgage loan amount of $30.0 million, are 57.7%, 12.0% and 11.0%, respectively. |
Loan No. 20, Maple Research Office Park, the mortgage loan included the funding of a $1.33 million earnout reserve, which will be released to the borrower upon (i) Pluto, or another tenant, signing a lease and taking |
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occupancy on terms as described in the mortgage loan documents and (ii) the debt yield being at least 12.8%. A partial disbursement of the reserve is permitted, assuming Pluto signs its lease and takes occupancy at the mortgaged property, in an amount that would cause the debt yield following such disbursement to be 12.8%. Assuming the net mortgage loan amount of $12,670,000, the Cut-Off Date LTV Ratio is 61.8%. | |
Loan No. 22, The Grove at Winter Park, the mortgage loan included the funding of a $1.625 million holdback reserve controlled by the lender, which may be partially released over time as certain tenants who are not yet in occupancy have accepted their leased premises and are in occupancy and are paying rent, subject to the satisfaction of certain other conditions. Any balance remaining in the holdback reserve may be released if requested by the borrower prior to October 22, 2020 and if the mortgaged property has achieved all of the following: (1) a debt yield of at least 9.35%, (2) gross revenue of at least $1,749,959 and (3) net cash flow of at least $1,140,509. Any holdback reserve funds remaining on deposit on or after November 1, 2020 will be retained as additional collateral for the mortgage loan. The Cut-off Date LTV Ratio, and UW NOI / NCF Debt Yield, based on the net mortgage loan amount of $10.575 million, are 57.8%, 11.7% and 10.9%, respectively. | |
Loan No. 42, Buffalo Springs Point, the mortgage loan included the funding of a $1.25 million earnout reserve related to the 3rd largest tenant, Firefly, has not accepted its space or begun paying rent. The earnout reserve is required to be released to the borrower upon the satisfaction of the following conditions: (i) no default shall then exist and be continuing, (ii) the lender has received an estoppel certificate from Firefly (or a replacement tenant) evidencing that occupancy and payment of full unabated rent, and (iii) the debt yield is not less than 8.75%. | |
(21) | Loan No. 3, Embassy Suites Seattle Bellevue, the borrower obtained an environmental insurance with $2,000,000 of coverage. The policy is scheduled to terminate on January 25, 2029 and names the lender as an additional insured. The policy was obtained in connection with a recognized environmental condition identified by the Phase I environmental site assessment, however, a Phase II report was not required. |
Loan No. 5, Hilton Baltimore BWI Airport, the borrower obtained an environmental insurance policy with $1,000,000 aggregate limit of liability. The policy is scheduled to expire on March 12, 2029 and names the lender as the insured. The policy was obtained in connection with a recognized environmental condition identified by the Phase I environmental site assessment, however, a Phase II report was not required. | |
Loan No. 6, Santa Fe Portfolio, an environmental insurance policy was obtained in lieu of a Phase II ESA for the Springer Plaza mortgaged property with a policy limit of $2,000,000 per occurrence and in the aggregate for a 13-year term. | |
Loan No. 9, 787 Eleventh Avenue, the borrower (but not the guarantor) has provided recourse indemnities that would cover environmental cleanup costs and liabilities for the mortgaged property. The mortgaged property is covered by an environmental insurance policy for the term of the loan plus an additional three-year tail. | |
Loan No. 10, 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. |
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