FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-193376-25 | ||
COMM 2015-LC23 |
The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (File No. 333-193376) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the Securities and Exchange Commission for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the Securities and Exchange Commission website at www.sec.gov. Alternatively, the depositor or Deutsche Bank Securities Inc., any other underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-503-4611 or by emailing prospectus.cpdg@db.com. The offered certificates referred to in these materials, and the asset pool backing them, are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis. You understand that, when you are considering the purchase of these certificates, a contract of sale will come into being no sooner than the date on which the relevant class has been priced and we have verified the allocation of certificates to be made to you; any “indications of interest” expressed by you, and any “soft circles” generated by us, will not create binding contractual obligations for you or us.
This free writing prospectus does not contain all information that is required to be included in the prospectus and the prospectus supplement.
STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION
This material is for your information, and none of Deutsche Bank Securities Inc., Cantor Fitzgerald & Co., Jefferies LLC or any other underwriter (the “Underwriters”) are soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal.
Neither this document nor anything contained herein shall form the basis for any contract or commitment whatsoever. The information contained herein is preliminary as of the date hereof. These materials are subject to change, completion or amendment from time to time. The information contained herein will be superseded by similar information delivered to you as part of the offering document relating to the COMM 2015-LC23 Mortgage Trust Commercial Mortgage Pass-Through Certificates (the “Offering Document”). The information contained herein supersedes any such information previously delivered and should be reviewed only in conjunction with the entire Offering Document. All of the information contained herein is subject to the same limitations and qualifications contained in the Offering Document. The information contained herein does not contain all relevant information relating to the underlying mortgage loans or mortgaged properties. Such information is described elsewhere in the Offering Document. The information contained herein will be more fully described elsewhere in the Offering Document. The information contained herein should not be viewed as projections, forecasts, predictions or opinions with respect to value. Prior to making any investment decision, prospective investors are strongly urged to read the Offering Document its entirety. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this free writing prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of Underwriters or any of their respective affiliates makes any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities.
This document contains forward-looking statements. Those statements are subject to certain risks and uncertainties that could cause the success of collections and the actual cash flow generated to differ materially from the information set forth herein. While such information reflects projections prepared in good faith based upon methods and data that are believed to be reasonable and accurate as of the dates thereof, the depositor undertakes no obligation to revise these forward-looking statements to reflect subsequent events or circumstances. Individuals should not place undue reliance on forward-looking statements and are advised to make their own independent analysis and determination with respect to the forecasted periods, which reflect the issuer’s view only as of the date hereof.
IMPORTANT NOTICE RELATING TO AUTOMATICALLY GENERATED EMAIL DISCLAIMERS
Any legends, disclaimers or other notices that may appear at the bottom of the email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation being made that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system. |
COMM 2015-LC23 | ||||||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||
% of | Mortgage | Cut-off | General | Detailed | ||||||||||||||||||||
Property | Initial Pool | # of | Loan | Original | Date | Maturity | Property | Property | Interest | Administrative | ||||||||||||||
Flag | ID | Property Name | Balance | Properties | Seller(1) | Balance($)(2)(3) | Balance($)(2)(3) | or ARD Balance($) | Type (4)(5) | Type | Rate (6) | Fee Rate (7) | ||||||||||||
Loan | 1 | Equity Inns Portfolio (33) | 8.3% | 21 | LCF/GACC | 80,000,000 | 80,000,000 | 80,000,000 | Hospitality | Various | 4.9600% | 0.0149% | ||||||||||||
Property | 1.01 | Homewood Suites Seattle | 1.5% | 1 | LCF/GACC | 14,517,241 | 14,517,241 | Hospitality | Extended Stay | |||||||||||||||
Property | 1.02 | Homewood Suites Orlando | 0.7% | 1 | LCF/GACC | 6,327,586 | 6,327,586 | Hospitality | Extended Stay | |||||||||||||||
Property | 1.03 | Courtyard Carlsbad | 0.5% | 1 | LCF/GACC | 5,034,483 | 5,034,483 | Hospitality | Select Service | |||||||||||||||
Property | 1.04 | Courtyard Houston | 0.5% | 1 | LCF/GACC | 4,655,172 | 4,655,172 | Hospitality | Select Service | |||||||||||||||
Property | 1.05 | Homewood Suites Stratford | 0.4% | 1 | LCF/GACC | 4,310,345 | 4,310,345 | Hospitality | Extended Stay | |||||||||||||||
Property | 1.06 | Hampton Inn Urbana | 0.4% | 1 | LCF/GACC | 4,275,862 | 4,275,862 | Hospitality | Limited Service | |||||||||||||||
Property | 1.07 | Springhill Suites Asheville | 0.4% | 1 | LCF/GACC | 3,965,517 | 3,965,517 | Hospitality | Limited Service | |||||||||||||||
Property | 1.08 | Hilton Garden Inn Louisville | 0.4% | 1 | LCF/GACC | 3,948,276 | 3,948,276 | Hospitality | Select Service | |||||||||||||||
Property | 1.09 | Hampton Inn Orlando | 0.4% | 1 | LCF/GACC | 3,844,828 | 3,844,828 | Hospitality | Limited Service | |||||||||||||||
Property | 1.10 | Hampton Inn Austin | 0.4% | 1 | LCF/GACC | 3,793,103 | 3,793,103 | Hospitality | Limited Service | |||||||||||||||
Property | 1.11 | Hampton Inn College Station | 0.4% | 1 | LCF/GACC | 3,620,690 | 3,620,690 | Hospitality | Limited Service | |||||||||||||||
Property | 1.12 | Hampton Inn Indianapolis | 0.3% | 1 | LCF/GACC | 3,120,690 | 3,120,690 | Hospitality | Limited Service | |||||||||||||||
Property | 1.13 | TownePlace Suites Savannah | 0.3% | 1 | LCF/GACC | 2,931,034 | 2,931,034 | Hospitality | Extended Stay | |||||||||||||||
Property | 1.14 | Hampton Inn East Lansing | 0.3% | 1 | LCF/GACC | 2,758,621 | 2,758,621 | Hospitality | Limited Service | |||||||||||||||
Property | 1.15 | Hampton Inn Naperville | 0.3% | 1 | LCF/GACC | 2,517,241 | 2,517,241 | Hospitality | Limited Service | |||||||||||||||
Property | 1.16 | Hilton Garden Inn Rio Rancho | 0.3% | 1 | LCF/GACC | 2,482,759 | 2,482,759 | Hospitality | Select Service | |||||||||||||||
Property | 1.17 | Courtyard Dalton | 0.2% | 1 | LCF/GACC | 2,034,483 | 2,034,483 | Hospitality | Select Service | |||||||||||||||
Property | 1.18 | Hampton Inn Alcoa | 0.2% | 1 | LCF/GACC | 1,706,897 | 1,706,897 | Hospitality | Limited Service | |||||||||||||||
Property | 1.19 | Homewood Suites Augusta | 0.2% | 1 | LCF/GACC | 1,672,414 | 1,672,414 | Hospitality | Extended Stay | |||||||||||||||
Property | 1.20 | Residence Inn Jacksonville | 0.2% | 1 | LCF/GACC | 1,551,724 | 1,551,724 | Hospitality | Extended Stay | |||||||||||||||
Property | 1.21 | Hampton Inn Milford | 0.1% | 1 | LCF/GACC | 931,034 | 931,034 | Hospitality | Limited Service | |||||||||||||||
Loan | 2 | 32 Avenue of the Americas (33)(36) | 7.3% | 1 | GACC | 70,000,000 | 70,000,000 | 70,000,000 | Office | CBD | 4.8320% | 0.0102% | ||||||||||||
Loan | 3 | 11 Madison Avenue (33)(34)(35) | 7.2% | 1 | GACC | 69,600,000 | 69,600,000 | 69,600,000 | Office | CBD | 3.5602% | 0.00895% | ||||||||||||
Loan | 4 | 1209 DeKalb (35)(36) | 4.8% | 1 | LCF | 46,000,000 | 46,000,000 | 46,000,000 | Multifamily | Mid-Rise | 4.7250% | 0.0124% | ||||||||||||
Loan | 5 | Good Samaritan Medical Tower (36) | 4.4% | 1 | GACC | 42,700,000 | 42,700,000 | 42,700,000 | Office | Medical | 4.5400% | 0.0124% | ||||||||||||
Loan | 6 | Harvey Building Products Portfolio (33) | 4.4% | 30 | LCF | 42,000,000 | 41,953,778 | 38,651,618 | Various | Various | 4.8500% | 0.0172% | ||||||||||||
Property | 6.01 | Londonderry Manufacturing | 0.8% | 1 | LCF | 8,113,636 | 8,104,707 | Industrial | Manufacturing | |||||||||||||||
Property | 6.02 | Waltham Corporate | 0.4% | 1 | LCF | 4,154,182 | 4,149,610 | Office | Suburban | |||||||||||||||
Property | 6.03 | Dartmouth Manufacturing | 0.4% | 1 | LCF | 3,875,455 | 3,871,190 | Industrial | Manufacturing | |||||||||||||||
Property | 6.04 | Nashua | 0.2% | 1 | LCF | 1,954,909 | 1,952,758 | Industrial | Warehouse | |||||||||||||||
Property | 6.05 | West Bridgewater | 0.2% | 1 | LCF | 1,813,636 | 1,811,640 | Industrial | Warehouse | |||||||||||||||
Property | 6.06 | Woburn | 0.2% | 1 | LCF | 1,794,545 | 1,792,571 | Industrial | Warehouse | |||||||||||||||
Property | 6.07 | Manchester, NH | 0.2% | 1 | LCF | 1,482,600 | 1,480,968 | Industrial | Warehouse | |||||||||||||||
Property | 6.08 | New London | 0.1% | 1 | LCF | 1,393,636 | 1,392,103 | Industrial | Warehouse | |||||||||||||||
Property | 6.09 | East Haven | 0.1% | 1 | LCF | 1,298,182 | 1,296,753 | Industrial | Warehouse | |||||||||||||||
Property | 6.10 | Salem | 0.1% | 1 | LCF | 1,298,182 | 1,296,753 | Industrial | Warehouse | |||||||||||||||
Property | 6.11 | Bethlehem | 0.1% | 1 | LCF | 1,260,000 | 1,258,613 | Industrial | Warehouse | |||||||||||||||
Property | 6.12 | Lincoln | 0.1% | 1 | LCF | 1,212,273 | 1,210,939 | Industrial | Warehouse | |||||||||||||||
Property | 6.13 | Berlin | 0.1% | 1 | LCF | 1,164,545 | 1,163,264 | Industrial | Warehouse | |||||||||||||||
Property | 6.14 | Woburn CPD | 0.1% | 1 | LCF | 1,145,455 | 1,144,194 | Industrial | Warehouse | |||||||||||||||
Property | 6.15 | Norwalk | 0.1% | 1 | LCF | 954,545 | 953,495 | Industrial | Warehouse | |||||||||||||||
Property | 6.16 | Dartmouth | 0.1% | 1 | LCF | 916,364 | 915,355 | Industrial | Warehouse | |||||||||||||||
Property | 6.17 | Braintree | 0.1% | 1 | LCF | 859,091 | 858,145 | Industrial | Warehouse | |||||||||||||||
Property | 6.18 | Manchester, CT | 0.1% | 1 | LCF | 801,818 | 800,936 | Industrial | Warehouse | |||||||||||||||
Property | 6.19 | Portland | 0.1% | 1 | LCF | 801,818 | 800,936 | Industrial | Warehouse | |||||||||||||||
Property | 6.20 | Norwalk | 0.1% | 1 | LCF | 725,455 | 724,656 | Industrial | Warehouse | |||||||||||||||
Property | 6.21 | Warwick | 0.1% | 1 | LCF | 720,873 | 720,079 | Industrial | Warehouse | |||||||||||||||
Property | 6.22 | Fitchburg | 0.1% | 1 | LCF | 617,782 | 617,102 | Industrial | Warehouse | |||||||||||||||
Property | 6.23 | Auburn | 0.1% | 1 | LCF | 597,164 | 596,506 | Industrial | Warehouse | |||||||||||||||
Property | 6.24 | Portsmouth | 0.1% | 1 | LCF | 576,545 | 575,911 | Industrial | Warehouse | |||||||||||||||
Property | 6.25 | Southampton | 0.0% | 1 | LCF | 477,273 | 476,747 | Industrial | Warehouse | |||||||||||||||
Property | 6.26 | Hyannis | 0.0% | 1 | LCF | 453,218 | 452,719 | Industrial | Warehouse | |||||||||||||||
Property | 6.27 | Wilkes-Barre | 0.0% | 1 | LCF | 420,000 | 419,538 | Industrial | Warehouse | |||||||||||||||
Property | 6.28 | Berlin CPD | 0.0% | 1 | LCF | 410,455 | 410,003 | Industrial | Warehouse | |||||||||||||||
Property | 6.29 | Springfield | 0.0% | 1 | LCF | 381,818 | 381,398 | Industrial | Warehouse | |||||||||||||||
Property | 6.30 | White River Junction | 0.0% | 1 | LCF | 324,545 | 324,188 | Industrial | Warehouse | |||||||||||||||
Loan | 7 | Beach House Hilton Head (36) | 4.2% | 1 | GACC | 40,000,000 | 40,000,000 | 34,522,266 | Hospitality | Full Service | 4.9000% | 0.0124% | ||||||||||||
Loan | 8 | Whitehall Hotel | 3.7% | 1 | JLC | 36,000,000 | 35,944,447 | 26,910,934 | Hospitality | Full Service | 4.9900% | 0.0124% | ||||||||||||
Loan | 9 | 611 Cowper | 3.4% | 1 | GACC | 33,000,000 | 32,914,514 | 26,543,534 | Office | Suburban | 4.3500% | 0.0799% | ||||||||||||
Loan | 10 | Springfield Mall (33) | 3.4% | 1 | CCRE | 32,500,000 | 32,460,817 | 26,232,336 | Retail | Regional Mall | 4.4485% | 0.0386% | ||||||||||||
Loan | 11 | Laguna Niguel Town Center | 2.8% | 1 | LCF | 26,500,000 | 26,433,612 | 21,438,886 | Retail | Unanchored | 4.5170% | 0.0124% | ||||||||||||
Loan | 12 | Hacienda Gardens | 2.5% | 1 | CCRE | 24,000,000 | 24,000,000 | 24,000,000 | Retail | Anchored | 4.4905% | 0.0324% | ||||||||||||
Loan | 13 | Washington Plaza | 2.4% | 1 | CCRE | 22,900,000 | 22,873,570 | 18,606,962 | Retail | Anchored | 4.6425% | 0.0324% | ||||||||||||
Loan | 14 | Carrollwood Station | 2.2% | 1 | JLC | 21,500,000 | 21,500,000 | 21,500,000 | Multifamily | Garden | 5.3380% | 0.0124% | ||||||||||||
Loan | 15 | Murrieta Spectrum | 2.1% | 1 | CCRE | 20,600,000 | 20,600,000 | 19,680,148 | Retail | Anchored | 4.9500% | 0.0324% | ||||||||||||
Loan | 16 | Westin Lake Mary | 2.1% | 1 | GACC | 20,000,000 | 20,000,000 | 17,758,696 | Hospitality | Full Service | 5.1400% | 0.0124% |
A-1-1 |
COMM 2015-LC23 | ||||||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||
% of | Mortgage | Cut-off | General | Detailed | ||||||||||||||||||||
Property | Initial Pool | # of | Loan | Original | Date | Maturity | Property | Property | Interest | Administrative | ||||||||||||||
Flag | ID | Property Name | Balance | Properties | Seller(1) | Balance($)(2)(3) | Balance($)(2)(3) | or ARD Balance($) | Type (4)(5) | Type | Rate (6) | Fee Rate (7) | ||||||||||||
Loan | 17 | Lake Creek Festival | 2.1% | 1 | GACC | 19,750,000 | 19,750,000 | 16,849,699 | Retail | Anchored | 4.4600% | 0.0124% | ||||||||||||
Loan | 18 | Wedgewood Building | 2.0% | 1 | JLC | 19,000,000 | 18,978,686 | 15,503,018 | Office | CBD | 4.7670% | 0.0124% | ||||||||||||
Loan | 19 | Kenhorst Plaza | 1.9% | 1 | LCF | 18,300,000 | 18,300,000 | 16,902,098 | Retail | Anchored | 5.1000% | 0.0124% | ||||||||||||
Loan | 20 | Addison Town Center | 1.7% | 1 | CCRE | 16,250,000 | 16,231,741 | 13,256,050 | Retail | Anchored | 4.7600% | 0.0324% | ||||||||||||
Loan | 21 | A&H Olympic | 1.5% | 1 | GACC | 14,200,000 | 14,200,000 | 12,921,783 | Retail | Unanchored | 4.1600% | 0.0124% | ||||||||||||
Loan | 22 | Brentwood Retail Center (35) | 1.4% | 1 | JLC | 13,300,000 | 13,290,772 | 11,674,932 | Retail | Urban | 5.2165% | 0.0124% | ||||||||||||
Loan | 23 | A&H Maple Avenue | 1.4% | 1 | GACC | 13,000,000 | 13,000,000 | 11,799,625 | Retail | Unanchored | 4.0100% | 0.0124% | ||||||||||||
Loan | 24 | BJs Montgomeryville | 1.2% | 1 | LCF | 12,000,000 | 11,986,486 | 9,785,801 | Retail | Single Tenant | 4.7500% | 0.0124% | ||||||||||||
Loan | 25 | Colerain Center | 1.2% | 1 | CCRE | 11,625,000 | 11,625,000 | 10,243,840 | Retail | Anchored | 4.7905% | 0.0324% | ||||||||||||
Loan | 26 | Whitewater Place | 1.2% | 1 | LCF | 11,500,000 | 11,486,750 | 9,346,485 | Multifamily | Garden | 4.6500% | 0.0124% | ||||||||||||
Loan | 27 | Brown Street Centre | 1.2% | 1 | GACC | 11,300,000 | 11,300,000 | 9,928,213 | Office | Suburban | 4.6600% | 0.0124% | ||||||||||||
Loan | 28 | Biltmore Parks Apartments | 1.1% | 1 | CCRE | 11,000,000 | 11,000,000 | 10,127,513 | Multifamily | Garden | 4.8900% | 0.0324% | ||||||||||||
Loan | 29 | Ortega Village - Retail | 1.1% | 1 | LCF | 10,600,000 | 10,574,134 | 8,613,669 | Retail | Unanchored | 4.6470% | 0.0124% | ||||||||||||
Loan | 30 | Landings Shops and Offices | 0.9% | 3 | CCRE | 8,925,000 | 8,915,490 | 7,335,962 | Various | Various | 4.9885% | 0.0799% | ||||||||||||
Property | 30.01 | Landings Shops and Offices | 0.5% | 1 | CCRE | 4,462,500 | 4,457,745 | Mixed Use | Office/Retail | |||||||||||||||
Property | 30.02 | Progressive Properties | 0.3% | 1 | CCRE | 2,662,500 | 2,659,663 | Office | Medical | |||||||||||||||
Property | 30.03 | Kopf Offices | 0.2% | 1 | CCRE | 1,800,000 | 1,798,082 | Office | Suburban | |||||||||||||||
Loan | 31 | Terraces on Second | 0.9% | 1 | LCF | 8,600,000 | 8,600,000 | 7,893,678 | Multifamily | Student Housing | 4.6940% | 0.0124% | ||||||||||||
Loan | 32 | 75 Executive Drive (36) | 0.9% | 1 | LCF | 8,200,000 | 8,169,533 | 6,630,256 | Office | Suburban | 4.4990% | 0.0124% | ||||||||||||
Loan | 33 | Best Buy Boca Raton | 0.8% | 1 | LCF | 7,550,000 | 7,550,000 | 7,550,000 | Retail | Single Tenant | 4.6400% | 0.0124% | ||||||||||||
Loan | 34 | Somerset Apartments | 0.8% | 1 | LCF | 7,500,000 | 7,500,000 | 6,591,017 | Multifamily | Garden | 4.6700% | 0.0524% | ||||||||||||
Loan | 35 | Walgreens VA Beach | 0.8% | 1 | GACC | 7,365,000 | 7,365,000 | 6,758,768 | Retail | Single Tenant | 4.6800% | 0.0124% | ||||||||||||
Loan | 36 | Holiday Inn Express & Suites Rockport | 0.8% | 1 | LCF | 7,340,000 | 7,328,897 | 5,508,840 | Hospitality | Limited Service | 5.1000% | 0.0124% | ||||||||||||
Loan | 37 | Commons at Pembroke | 0.7% | 1 | JLC | 7,200,000 | 7,192,095 | 5,893,071 | Multifamily | Student Housing | 4.8600% | 0.0124% | ||||||||||||
Loan | 38 | Monument Creek (36) | 0.7% | 1 | LCF | 6,640,000 | 6,640,000 | 6,640,000 | Manufactured Housing Community | Manufactured Housing Community | 4.4800% | 0.0124% | ||||||||||||
Loan | 39 | High Country Plaza | 0.7% | 1 | LCF | 6,500,000 | 6,483,964 | 5,272,283 | Retail | Unanchored | 4.5930% | 0.0124% | ||||||||||||
Loan | 40 | Williamsburg Center | 0.7% | 7 | JLC | 6,375,000 | 6,364,771 | 4,727,360 | Office | Suburban | 4.7720% | 0.0124% | ||||||||||||
Property | 40.01 | 1734 Corporate Crossing | 0.2% | 1 | JLC | 1,501,839 | 1,499,429 | Office | Suburban | |||||||||||||||
Property | 40.02 | 1728 Corporate Crossing | 0.2% | 1 | JLC | 1,444,076 | 1,441,759 | Office | Suburban | |||||||||||||||
Property | 40.03 | 1722 Corporate Crossing | 0.1% | 1 | JLC | 1,386,313 | 1,384,088 | Office | Suburban | |||||||||||||||
Property | 40.04 | 1035 East Gate Drive | 0.1% | 1 | JLC | 677,340 | 676,254 | Office | Suburban | |||||||||||||||
Property | 40.05 | 735 Seibert Road | 0.1% | 1 | JLC | 505,318 | 504,507 | Office | Suburban | |||||||||||||||
Property | 40.06 | 703 Seibert Road | 0.0% | 1 | JLC | 440,809 | 440,102 | Office | Suburban | |||||||||||||||
Property | 40.07 | 723 Seibert Road | 0.0% | 1 | JLC | 419,306 | 418,633 | Office | Suburban | |||||||||||||||
Loan | 41 | Shops at Cardiff Ranch | 0.7% | 1 | JLC | 6,350,000 | 6,334,356 | 5,151,843 | Retail | Unanchored | 4.6000% | 0.0124% | ||||||||||||
Loan | 42 | Cobblestone Court II | 0.5% | 1 | GACC | 5,200,000 | 5,194,474 | 4,275,783 | Multifamily | Garden | 5.0000% | 0.0124% | ||||||||||||
Loan | 43 | Hampton Inn & Suites – Portland | 0.5% | 1 | LCF | 5,000,000 | 4,988,391 | 3,140,015 | Hospitality | Limited Service | 4.9100% | 0.0124% | ||||||||||||
Loan | 44 | 40 Wall Street (33) | 0.5% | 1 | LCF | 5,000,000 | 4,960,524 | 3,552,308 | Office | CBD | 3.6650% | 0.0102% | ||||||||||||
Loan | 45 | Palisades of Bridgeport | 0.5% | 1 | CCRE | 4,600,000 | 4,595,331 | 3,806,202 | Multifamily | Mid-Rise | 5.1935% | 0.0324% | ||||||||||||
Loan | 46 | Walgreens Frisco TX | 0.4% | 1 | GACC | 4,000,000 | 3,979,897 | 2,471,694 | Retail | Single Tenant | 4.5200% | 0.0124% | ||||||||||||
Loan | 47 | Walgreens-Goodwill Missouri TX | 0.4% | 1 | GACC | 4,000,000 | 3,976,398 | 2,206,463 | Retail | Single Tenant | 4.5200% | 0.0124% | ||||||||||||
Loan | 48 | Warsaw Village | 0.4% | 1 | CCRE | 3,600,000 | 3,600,000 | 3,448,131 | Retail | Anchored | 5.2480% | 0.0324% | ||||||||||||
Loan | 49 | Walton Shoppes | 0.4% | 1 | GACC | 3,500,000 | 3,500,000 | 2,152,767 | Retail | Unanchored | 4.4100% | 0.0124% | ||||||||||||
Loan | 50 | Ortega Village- Pads | 0.4% | 1 | LCF | 3,500,000 | 3,491,459 | 2,844,135 | Mixed Use | Retail/Office | 4.6470% | 0.0124% | ||||||||||||
Loan | 51 | 691 14th Street Retail | 0.4% | 1 | JLC | 3,500,000 | 3,487,946 | 2,864,638 | Retail | Urban | 4.8590% | 0.0124% | ||||||||||||
Loan | 52 | Monte & Wishing Well | 0.3% | 2 | LCF | 3,325,000 | 3,319,359 | 2,436,428 | Manufactured Housing Community | Manufactured Housing Community | 4.4550% | 0.0124% | ||||||||||||
Property | 52.01 | Monte Carlo MHC | 0.2% | 1 | LCF | 1,914,613 | 1,911,365 | Manufactured Housing Community | Manufactured Housing Community | |||||||||||||||
Property | 52.02 | Wishing Well MHP | 0.1% | 1 | LCF | 1,410,387 | 1,407,994 | Manufactured Housing Community | Manufactured Housing Community | |||||||||||||||
Loan | 53 | Ferndale Avenue Shoppes | 0.3% | 1 | GACC | 3,040,000 | 3,032,410 | 1,866,107 | Retail | Unanchored | 4.3600% | 0.0124% | ||||||||||||
Loan | 54 | Courtyard Self Storage | 0.3% | 1 | CCRE | 3,000,000 | 3,000,000 | 2,601,015 | Self-Storage | Self-Storage | 5.0800% | 0.0324% | ||||||||||||
Loan | 55 | Bayonne MHP | 0.3% | 1 | LCF | 3,000,000 | 2,996,441 | 2,427,504 | Manufactured Housing Community | Manufactured Housing Community | 4.5210% | 0.0124% | ||||||||||||
Loan | 56 | Best Western Cleveland Airport | 0.3% | 1 | LCF | 3,000,000 | 2,993,359 | 1,911,074 | Hospitality | Limited Service | 5.2625% | 0.0124% | ||||||||||||
Loan | 57 | Eureka Crossings | 0.2% | 1 | GACC | 2,350,000 | 2,344,247 | 1,451,640 | Retail | Unanchored | 4.5100% | 0.0124% | ||||||||||||
Loan | 58 | Family Dollar - Rose Hill (36) | 0.1% | 1 | LCF | 997,500 | 997,500 | 997,500 | Retail | Single Tenant | 4.9400% | 0.0124% | ||||||||||||
Loan | 59 | Family Dollar - Moultrie (36) | 0.1% | 1 | LCF | 927,500 | 927,500 | 927,500 | Retail | Single Tenant | 4.9400% | 0.0124% | ||||||||||||
Loan | 60 | Family Dollar - Biscoe (36) | 0.1% | 1 | LCF | 857,500 | 857,500 | 857,500 | Retail | Single Tenant | 4.9400% | 0.0124% | ||||||||||||
Loan | 61 | Family Dollar - Rockingham (36) | 0.1% | 1 | LCF | 819,000 | 819,000 | 819,000 | Retail | Single Tenant | 4.9400% | 0.0124% | ||||||||||||
Loan | 62 | Dollar General - De Soto (36) | 0.1% | 1 | LCF | 702,000 | 702,000 | 702,000 | Retail | Single Tenant | 5.2100% | 0.0124% |
A-1-2 |
COMM 2015-LC23 | ||||||||||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||||
% of | Interest | Original | Remaining | Original | Remaining | First | Monthly | |||||||||||||||||||||
Property | Initial Pool | Accrual | Term to | Term to | Amortization | Amortization | Origination | Payment | Maturity | ARD Loan | Final | Debt | ||||||||||||||||
Flag | ID | Property Name | Balance | Basis | Maturity or ARD | Maturity or ARD | Term | Term | Date | Date | or ARD Date | (Yes/No) | Maturity Date | Service($)(8) | ||||||||||||||
Loan | 1 | Equity Inns Portfolio (33) | 8.3% | Actual/360 | 60 | 59 | 0 | 0 | 10/06/2015 | 11/06/2015 | 10/06/2020 | No | 10/06/2020 | 335,259 | ||||||||||||||
Property | 1.01 | Homewood Suites Seattle | 1.5% | |||||||||||||||||||||||||
Property | 1.02 | Homewood Suites Orlando | 0.7% | |||||||||||||||||||||||||
Property | 1.03 | Courtyard Carlsbad | 0.5% | |||||||||||||||||||||||||
Property | 1.04 | Courtyard Houston | 0.5% | |||||||||||||||||||||||||
Property | 1.05 | Homewood Suites Stratford | 0.4% | |||||||||||||||||||||||||
Property | 1.06 | Hampton Inn Urbana | 0.4% | |||||||||||||||||||||||||
Property | 1.07 | Springhill Suites Asheville | 0.4% | |||||||||||||||||||||||||
Property | 1.08 | Hilton Garden Inn Louisville | 0.4% | |||||||||||||||||||||||||
Property | 1.09 | Hampton Inn Orlando | 0.4% | |||||||||||||||||||||||||
Property | 1.10 | Hampton Inn Austin | 0.4% | |||||||||||||||||||||||||
Property | 1.11 | Hampton Inn College Station | 0.4% | |||||||||||||||||||||||||
Property | 1.12 | Hampton Inn Indianapolis | 0.3% | |||||||||||||||||||||||||
Property | 1.13 | TownePlace Suites Savannah | 0.3% | |||||||||||||||||||||||||
Property | 1.14 | Hampton Inn East Lansing | 0.3% | |||||||||||||||||||||||||
Property | 1.15 | Hampton Inn Naperville | 0.3% | |||||||||||||||||||||||||
Property | 1.16 | Hilton Garden Inn Rio Rancho | 0.3% | |||||||||||||||||||||||||
Property | 1.17 | Courtyard Dalton | 0.2% | |||||||||||||||||||||||||
Property | 1.18 | Hampton Inn Alcoa | 0.2% | |||||||||||||||||||||||||
Property | 1.19 | Homewood Suites Augusta | 0.2% | |||||||||||||||||||||||||
Property | 1.20 | Residence Inn Jacksonville | 0.2% | |||||||||||||||||||||||||
Property | 1.21 | Hampton Inn Milford | 0.1% | |||||||||||||||||||||||||
Loan | 2 | 32 Avenue of the Americas (33)(36) | 7.3% | Actual/360 | 120 | 120 | 0 | 0 | 10/05/2015 | 12/01/2015 | 11/01/2025 | No | 11/01/2025 | 285,781 | ||||||||||||||
Loan | 3 | 11 Madison Avenue (33)(34)(35) | 7.2% | Actual/360 | 120 | 118 | 0 | 0 | 08/18/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 209,360 | ||||||||||||||
Loan | 4 | 1209 DeKalb (35)(36) | 4.8% | Actual/360 | 60 | 59 | 0 | 0 | 10/01/2015 | 11/06/2015 | 10/06/2020 | No | 10/06/2020 | 183,641 | ||||||||||||||
Loan | 5 | Good Samaritan Medical Tower (36) | 4.4% | Actual/360 | 120 | 118 | 0 | 0 | 09/01/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 163,792 | ||||||||||||||
Loan | 6 | Harvey Building Products Portfolio (33) | 4.4% | Actual/360 | 60 | 59 | 360 | 359 | 10/01/2015 | 11/06/2015 | 10/06/2020 | No | 10/06/2020 | 221,631 | ||||||||||||||
Property | 6.01 | Londonderry Manufacturing | 0.8% | |||||||||||||||||||||||||
Property | 6.02 | Waltham Corporate | 0.4% | |||||||||||||||||||||||||
Property | 6.03 | Dartmouth Manufacturing | 0.4% | |||||||||||||||||||||||||
Property | 6.04 | Nashua | 0.2% | |||||||||||||||||||||||||
Property | 6.05 | West Bridgewater | 0.2% | |||||||||||||||||||||||||
Property | 6.06 | Woburn | 0.2% | |||||||||||||||||||||||||
Property | 6.07 | Manchester, NH | 0.2% | |||||||||||||||||||||||||
Property | 6.08 | New London | 0.1% | |||||||||||||||||||||||||
Property | 6.09 | East Haven | 0.1% | |||||||||||||||||||||||||
Property | 6.10 | Salem | 0.1% | |||||||||||||||||||||||||
Property | 6.11 | Bethlehem | 0.1% | |||||||||||||||||||||||||
Property | 6.12 | Lincoln | 0.1% | |||||||||||||||||||||||||
Property | 6.13 | Berlin | 0.1% | |||||||||||||||||||||||||
Property | 6.14 | Woburn CPD | 0.1% | |||||||||||||||||||||||||
Property | 6.15 | Norwalk | 0.1% | |||||||||||||||||||||||||
Property | 6.16 | Dartmouth | 0.1% | |||||||||||||||||||||||||
Property | 6.17 | Braintree | 0.1% | |||||||||||||||||||||||||
Property | 6.18 | Manchester, CT | 0.1% | |||||||||||||||||||||||||
Property | 6.19 | Portland | 0.1% | |||||||||||||||||||||||||
Property | 6.20 | Norwalk | 0.1% | |||||||||||||||||||||||||
Property | 6.21 | Warwick | 0.1% | |||||||||||||||||||||||||
Property | 6.22 | Fitchburg | 0.1% | |||||||||||||||||||||||||
Property | 6.23 | Auburn | 0.1% | |||||||||||||||||||||||||
Property | 6.24 | Portsmouth | 0.1% | |||||||||||||||||||||||||
Property | 6.25 | Southampton | 0.0% | |||||||||||||||||||||||||
Property | 6.26 | Hyannis | 0.0% | |||||||||||||||||||||||||
Property | 6.27 | Wilkes-Barre | 0.0% | |||||||||||||||||||||||||
Property | 6.28 | Berlin CPD | 0.0% | |||||||||||||||||||||||||
Property | 6.29 | Springfield | 0.0% | |||||||||||||||||||||||||
Property | 6.30 | White River Junction | 0.0% | |||||||||||||||||||||||||
Loan | 7 | Beach House Hilton Head (36) | 4.2% | Actual/360 | 120 | 119 | 360 | 360 | 09/10/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 212,291 | ||||||||||||||
Loan | 8 | Whitehall Hotel | 3.7% | Actual/360 | 120 | 119 | 300 | 299 | 10/06/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 210,243 | ||||||||||||||
Loan | 9 | 611 Cowper | 3.4% | Actual/360 | 120 | 118 | 360 | 358 | 08/28/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 164,278 | ||||||||||||||
Loan | 10 | Springfield Mall (33) | 3.4% | Actual/360 | 120 | 119 | 360 | 359 | 09/23/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 163,680 | ||||||||||||||
Loan | 11 | Laguna Niguel Town Center | 2.8% | Actual/360 | 120 | 118 | 360 | 358 | 09/02/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 134,539 | ||||||||||||||
Loan | 12 | Hacienda Gardens | 2.5% | Actual/360 | 120 | 120 | 0 | 0 | 10/09/2015 | 12/06/2015 | 11/06/2025 | No | 11/06/2025 | 91,057 | ||||||||||||||
Loan | 13 | Washington Plaza | 2.4% | Actual/360 | 120 | 119 | 360 | 359 | 10/02/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 117,978 | ||||||||||||||
Loan | 14 | Carrollwood Station | 2.2% | Actual/360 | 60 | 58 | 0 | 0 | 09/03/2015 | 10/06/2015 | 09/06/2020 | No | 09/06/2020 | 96,967 | ||||||||||||||
Loan | 15 | Murrieta Spectrum | 2.1% | Actual/360 | 60 | 59 | 360 | 360 | 10/02/2015 | 11/06/2015 | 10/06/2020 | No | 10/06/2020 | 109,957 | ||||||||||||||
Loan | 16 | Westin Lake Mary | 2.1% | Actual/360 | 120 | 118 | 360 | 360 | 09/02/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 109,082 |
A-1-3 |
COMM 2015-LC23 | ||||||||||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||||
% of | Interest | Original | Remaining | Original | Remaining | First | Monthly | |||||||||||||||||||||
Property | Initial Pool | Accrual | Term to | Term to | Amortization | Amortization | Origination | Payment | Maturity | ARD Loan | Final | Debt | ||||||||||||||||
Flag | ID | Property Name | Balance | Basis | Maturity or ARD | Maturity or ARD | Term | Term | Date | Date | or ARD Date | (Yes/No) | Maturity Date | Service($)(8) | ||||||||||||||
Loan | 17 | Lake Creek Festival | 2.1% | Actual/360 | 120 | 119 | 360 | 360 | 09/11/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 99,602 | ||||||||||||||
Loan | 18 | Wedgewood Building | 2.0% | Actual/360 | 120 | 119 | 360 | 359 | 09/25/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 99,308 | ||||||||||||||
Loan | 19 | Kenhorst Plaza | 1.9% | Actual/360 | 120 | 119 | 360 | 360 | 09/11/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 99,360 | ||||||||||||||
Loan | 20 | Addison Town Center | 1.7% | Actual/360 | 120 | 119 | 360 | 359 | 09/14/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 84,866 | ||||||||||||||
Loan | 21 | A&H Olympic | 1.5% | Actual/360 | 120 | 117 | 360 | 360 | 07/31/2015 | 09/06/2015 | 08/06/2025 | No | 08/06/2025 | 69,109 | ||||||||||||||
Loan | 22 | Brentwood Retail Center (35) | 1.4% | Actual/360 | 120 | 119 | 420 | 419 | 10/02/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 68,971 | ||||||||||||||
Loan | 23 | A&H Maple Avenue | 1.4% | Actual/360 | 120 | 118 | 360 | 360 | 08/07/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 62,139 | ||||||||||||||
Loan | 24 | BJs Montgomeryville | 1.2% | Actual/360 | 120 | 119 | 360 | 359 | 09/08/2015 | 11/01/2015 | 10/01/2025 | No | 10/01/2025 | 62,598 | ||||||||||||||
Loan | 25 | Colerain Center | 1.2% | Actual/360 | 120 | 119 | 360 | 360 | 09/22/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 60,926 | ||||||||||||||
Loan | 26 | Whitewater Place | 1.2% | Actual/360 | 120 | 119 | 360 | 359 | 09/30/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 59,298 | ||||||||||||||
Loan | 27 | Brown Street Centre | 1.2% | Actual/360 | 120 | 119 | 360 | 360 | 09/15/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 58,335 | ||||||||||||||
Loan | 28 | Biltmore Parks Apartments | 1.1% | Actual/360 | 120 | 119 | 360 | 360 | 09/23/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 58,313 | ||||||||||||||
Loan | 29 | Ortega Village - Retail | 1.1% | Actual/360 | 120 | 118 | 360 | 358 | 09/02/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 54,638 | ||||||||||||||
Loan | 30 | Landings Shops and Offices | 0.9% | Actual/360 | 120 | 119 | 360 | 359 | 09/29/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 47,849 | ||||||||||||||
Property | 30.01 | Landings Shops and Offices | 0.5% | |||||||||||||||||||||||||
Property | 30.02 | Progressive Properties | 0.3% | |||||||||||||||||||||||||
Property | 30.03 | Kopf Offices | 0.2% | |||||||||||||||||||||||||
Loan | 31 | Terraces on Second | 0.9% | Actual/360 | 120 | 118 | 360 | 360 | 09/03/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 44,572 | ||||||||||||||
Loan | 32 | 75 Executive Drive (36) | 0.9% | Actual/360 | 120 | 117 | 360 | 357 | 08/05/2015 | 09/06/2015 | 08/06/2025 | No | 08/06/2025 | 41,543 | ||||||||||||||
Loan | 33 | Best Buy Boca Raton | 0.8% | Actual/360 | 120 | 120 | 0 | 0 | 10/08/2015 | 12/06/2015 | 11/06/2025 | No | 11/06/2025 | 29,599 | ||||||||||||||
Loan | 34 | Somerset Apartments | 0.8% | Actual/360 | 120 | 119 | 360 | 360 | 10/01/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 38,763 | ||||||||||||||
Loan | 35 | Walgreens VA Beach | 0.8% | Actual/360 | 120 | 119 | 360 | 360 | 09/08/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 38,109 | ||||||||||||||
Loan | 36 | Holiday Inn Express & Suites Rockport | 0.8% | Actual/360 | 120 | 119 | 300 | 299 | 10/06/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 43,338 | ||||||||||||||
Loan | 37 | Commons at Pembroke | 0.7% | Actual/360 | 120 | 119 | 360 | 359 | 09/17/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 38,037 | ||||||||||||||
Loan | 38 | Monument Creek (36) | 0.7% | Actual/360 | 120 | 119 | 0 | 0 | 09/29/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 25,134 | ||||||||||||||
Loan | 39 | High Country Plaza | 0.7% | Actual/360 | 120 | 118 | 360 | 358 | 09/01/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 33,295 | ||||||||||||||
Loan | 40 | Williamsburg Center | 0.7% | Actual/360 | 120 | 119 | 300 | 299 | 10/01/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 36,426 | ||||||||||||||
Property | 40.01 | 1734 Corporate Crossing | 0.2% | |||||||||||||||||||||||||
Property | 40.02 | 1728 Corporate Crossing | 0.2% | |||||||||||||||||||||||||
Property | 40.03 | 1722 Corporate Crossing | 0.1% | |||||||||||||||||||||||||
Property | 40.04 | 1035 East Gate Drive | 0.1% | |||||||||||||||||||||||||
Property | 40.05 | 735 Seibert Road | 0.1% | |||||||||||||||||||||||||
Property | 40.06 | 703 Seibert Road | 0.0% | |||||||||||||||||||||||||
Property | 40.07 | 723 Seibert Road | 0.0% | |||||||||||||||||||||||||
Loan | 41 | Shops at Cardiff Ranch | 0.7% | Actual/360 | 120 | 118 | 360 | 358 | 08/31/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 32,553 | ||||||||||||||
Loan | 42 | Cobblestone Court II | 0.5% | Actual/360 | 120 | 119 | 360 | 359 | 09/10/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 27,915 | ||||||||||||||
Loan | 43 | Hampton Inn & Suites – Portland | 0.5% | Actual/360 | 120 | 119 | 240 | 239 | 09/30/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 32,750 | ||||||||||||||
Loan | 44 | 40 Wall Street (33) | 0.5% | Actual/360 | 120 | 116 | 300 | 296 | 07/02/2015 | 08/06/2015 | 07/06/2025 | No | 07/06/2025 | 25,476 | ||||||||||||||
Loan | 45 | Palisades of Bridgeport | 0.5% | Actual/360 | 120 | 119 | 360 | 359 | 09/24/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 25,241 | ||||||||||||||
Loan | 46 | Walgreens Frisco TX | 0.4% | Actual/360 | 120 | 118 | 240 | 238 | 09/01/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 25,349 | ||||||||||||||
Loan | 47 | Walgreens-Goodwill Missouri TX | 0.4% | Actual/360 | 120 | 118 | 216 | 214 | 09/01/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 27,095 | ||||||||||||||
Loan | 48 | Warsaw Village | 0.4% | Actual/360 | 60 | 58 | 360 | 360 | 09/03/2015 | 10/06/2015 | 09/06/2020 | No | 09/06/2020 | 19,875 | ||||||||||||||
Loan | 49 | Walton Shoppes | 0.4% | Actual/360 | 120 | 120 | 240 | 240 | 10/07/2015 | 12/06/2015 | 11/06/2025 | No | 11/06/2025 | 21,973 | ||||||||||||||
Loan | 50 | Ortega Village- Pads | 0.4% | Actual/360 | 120 | 118 | 360 | 358 | 09/02/2015 | 10/06/2015 | 09/06/2025 | No | 09/06/2025 | 18,041 | ||||||||||||||
Loan | 51 | 691 14th Street Retail | 0.4% | Actual/360 | 120 | 117 | 360 | 357 | 07/10/2015 | 09/06/2015 | 08/06/2025 | No | 08/06/2025 | 18,488 | ||||||||||||||
Loan | 52 | Monte & Wishing Well | 0.3% | Actual/360 | 120 | 119 | 300 | 299 | 10/01/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 18,397 | ||||||||||||||
Property | 52.01 | Monte Carlo MHC | 0.2% | |||||||||||||||||||||||||
Property | 52.02 | Wishing Well MHP | 0.1% | |||||||||||||||||||||||||
Loan | 53 | Ferndale Avenue Shoppes | 0.3% | Actual/360 | 120 | 119 | 240 | 239 | 09/30/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 19,004 | ||||||||||||||
Loan | 54 | Courtyard Self Storage | 0.3% | Actual/360 | 120 | 119 | 360 | 360 | 09/23/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 16,252 | ||||||||||||||
Loan | 55 | Bayonne MHP | 0.3% | Actual/360 | 120 | 119 | 360 | 359 | 10/06/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 15,238 | ||||||||||||||
Loan | 56 | Best Western Cleveland Airport | 0.3% | Actual/360 | 120 | 119 | 240 | 239 | 09/16/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 20,236 | ||||||||||||||
Loan | 57 | Eureka Crossings | 0.2% | Actual/360 | 120 | 119 | 240 | 239 | 09/23/2015 | 11/06/2015 | 10/06/2025 | No | 10/06/2025 | 14,880 | ||||||||||||||
Loan | 58 | Family Dollar - Rose Hill (36) | 0.1% | Actual/360 | 120 | 119 | 0 | 0 | 09/28/2015 | 11/06/2015 | 10/06/2025 | Yes | 10/06/2030 | 4,163 | ||||||||||||||
Loan | 59 | Family Dollar - Moultrie (36) | 0.1% | Actual/360 | 120 | 119 | 0 | 0 | 09/28/2015 | 11/06/2015 | 10/06/2025 | Yes | 10/06/2030 | 3,871 | ||||||||||||||
Loan | 60 | Family Dollar - Biscoe (36) | 0.1% | Actual/360 | 120 | 119 | 0 | 0 | 09/28/2015 | 11/06/2015 | 10/06/2025 | Yes | 10/06/2030 | 3,579 | ||||||||||||||
Loan | 61 | Family Dollar - Rockingham (36) | 0.1% | Actual/360 | 120 | 119 | 0 | 0 | 09/28/2015 | 11/06/2015 | 10/06/2025 | Yes | 10/06/2030 | 3,418 | ||||||||||||||
Loan | 62 | Dollar General - De Soto (36) | 0.1% | Actual/360 | 120 | 119 | 0 | 0 | 09/28/2015 | 11/06/2015 | 10/06/2025 | Yes | 10/06/2030 | 3,090 |
A-1-4 |
COMM 2015-LC23 | ||||||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||
Pari Passu | Pari Passu | |||||||||||||||||||||||
% of | Annual | Companion Loan | Companion Loan | Remaining | Crossed | |||||||||||||||||||
Property | Initial Pool | Debt | Monthly Debt | Annual Debt | Interest Only | Cash | With | Related | Underwritten | |||||||||||||||
Flag | ID | Property Name | Balance | Service($)(8) | Service($) | Service($) | Period | Lockbox (9) | Management (10) | Other Loans | Borrower | NOI DSCR (8)(11)(12) | ||||||||||||
Loan | 1 | Equity Inns Portfolio (33) | 8.3% | 4,023,111 | 636,993 | 7,643,911 | 59 | Hard | In-Place | No | 2.65x | |||||||||||||
Property | 1.01 | Homewood Suites Seattle | 1.5% | |||||||||||||||||||||
Property | 1.02 | Homewood Suites Orlando | 0.7% | |||||||||||||||||||||
Property | 1.03 | Courtyard Carlsbad | 0.5% | |||||||||||||||||||||
Property | 1.04 | Courtyard Houston | 0.5% | |||||||||||||||||||||
Property | 1.05 | Homewood Suites Stratford | 0.4% | |||||||||||||||||||||
Property | 1.06 | Hampton Inn Urbana | 0.4% | |||||||||||||||||||||
Property | 1.07 | Springhill Suites Asheville | 0.4% | |||||||||||||||||||||
Property | 1.08 | Hilton Garden Inn Louisville | 0.4% | |||||||||||||||||||||
Property | 1.09 | Hampton Inn Orlando | 0.4% | |||||||||||||||||||||
Property | 1.10 | Hampton Inn Austin | 0.4% | |||||||||||||||||||||
Property | 1.11 | Hampton Inn College Station | 0.4% | |||||||||||||||||||||
Property | 1.12 | Hampton Inn Indianapolis | 0.3% | |||||||||||||||||||||
Property | 1.13 | TownePlace Suites Savannah | 0.3% | |||||||||||||||||||||
Property | 1.14 | Hampton Inn East Lansing | 0.3% | |||||||||||||||||||||
Property | 1.15 | Hampton Inn Naperville | 0.3% | |||||||||||||||||||||
Property | 1.16 | Hilton Garden Inn Rio Rancho | 0.3% | |||||||||||||||||||||
Property | 1.17 | Courtyard Dalton | 0.2% | |||||||||||||||||||||
Property | 1.18 | Hampton Inn Alcoa | 0.2% | |||||||||||||||||||||
Property | 1.19 | Homewood Suites Augusta | 0.2% | |||||||||||||||||||||
Property | 1.20 | Residence Inn Jacksonville | 0.2% | |||||||||||||||||||||
Property | 1.21 | Hampton Inn Milford | 0.1% | |||||||||||||||||||||
Loan | 2 | 32 Avenue of the Americas (33)(36) | 7.3% | 3,429,378 | 1,449,320 | 17,391,844 | 120 | Hard | Springing | No | 2.00x | |||||||||||||
Loan | 3 | 11 Madison Avenue (33)(34)(35) | 7.2% | 2,512,314 | 2,089,775 | 25,077,302 | 118 | Hard | Springing | No | 3.97x | |||||||||||||
Loan | 4 | 1209 DeKalb (35)(36) | 4.8% | 2,203,688 | 59 | Soft | In-Place | No | 1.49x | |||||||||||||||
Loan | 5 | Good Samaritan Medical Tower (36) | 4.4% | 1,965,505 | 118 | Springing Soft | Springing | No | 2.11x | |||||||||||||||
Loan | 6 | Harvey Building Products Portfolio (33) | 4.4% | 2,659,567 | 358,830 | 4,305,965 | Hard | In-Place | No | 2.02x | ||||||||||||||
Property | 6.01 | Londonderry Manufacturing | 0.8% | |||||||||||||||||||||
Property | 6.02 | Waltham Corporate | 0.4% | |||||||||||||||||||||
Property | 6.03 | Dartmouth Manufacturing | 0.4% | |||||||||||||||||||||
Property | 6.04 | Nashua | 0.2% | |||||||||||||||||||||
Property | 6.05 | West Bridgewater | 0.2% | |||||||||||||||||||||
Property | 6.06 | Woburn | 0.2% | |||||||||||||||||||||
Property | 6.07 | Manchester, NH | 0.2% | |||||||||||||||||||||
Property | 6.08 | New London | 0.1% | |||||||||||||||||||||
Property | 6.09 | East Haven | 0.1% | |||||||||||||||||||||
Property | 6.10 | Salem | 0.1% | |||||||||||||||||||||
Property | 6.11 | Bethlehem | 0.1% | |||||||||||||||||||||
Property | 6.12 | Lincoln | 0.1% | |||||||||||||||||||||
Property | 6.13 | Berlin | 0.1% | |||||||||||||||||||||
Property | 6.14 | Woburn CPD | 0.1% | |||||||||||||||||||||
Property | 6.15 | Norwalk | 0.1% | |||||||||||||||||||||
Property | 6.16 | Dartmouth | 0.1% | |||||||||||||||||||||
Property | 6.17 | Braintree | 0.1% | |||||||||||||||||||||
Property | 6.18 | Manchester, CT | 0.1% | |||||||||||||||||||||
Property | 6.19 | Portland | 0.1% | |||||||||||||||||||||
Property | 6.20 | Norwalk | 0.1% | |||||||||||||||||||||
Property | 6.21 | Warwick | 0.1% | |||||||||||||||||||||
Property | 6.22 | Fitchburg | 0.1% | |||||||||||||||||||||
Property | 6.23 | Auburn | 0.1% | |||||||||||||||||||||
Property | 6.24 | Portsmouth | 0.1% | |||||||||||||||||||||
Property | 6.25 | Southampton | 0.0% | |||||||||||||||||||||
Property | 6.26 | Hyannis | 0.0% | |||||||||||||||||||||
Property | 6.27 | Wilkes-Barre | 0.0% | |||||||||||||||||||||
Property | 6.28 | Berlin CPD | 0.0% | |||||||||||||||||||||
Property | 6.29 | Springfield | 0.0% | |||||||||||||||||||||
Property | 6.30 | White River Junction | 0.0% | |||||||||||||||||||||
Loan | 7 | Beach House Hilton Head (36) | 4.2% | 2,547,488 | 23 | Hard | Springing | No | 1.78x | |||||||||||||||
Loan | 8 | Whitehall Hotel | 3.7% | 2,522,913 | Hard | Springing | No | 1.67x | ||||||||||||||||
Loan | 9 | 611 Cowper | 3.4% | 1,971,335 | Hard | Springing | No | 1.68x | ||||||||||||||||
Loan | 10 | Springfield Mall (33) | 3.4% | 1,964,157 | 163,680 | 1,964,157 | Hard | Springing | No | 1.83x | ||||||||||||||
Loan | 11 | Laguna Niguel Town Center | 2.8% | 1,614,473 | None | None | No | Yes - A | 1.43x | |||||||||||||||
Loan | 12 | Hacienda Gardens | 2.5% | 1,092,688 | 120 | Springing Hard | Springing | No | 1.89x | |||||||||||||||
Loan | 13 | Washington Plaza | 2.4% | 1,415,735 | Springing Hard | Springing | No | 1.29x | ||||||||||||||||
Loan | 14 | Carrollwood Station | 2.2% | 1,163,610 | 58 | Soft | Springing | No | 1.60x | |||||||||||||||
Loan | 15 | Murrieta Spectrum | 2.1% | 1,319,479 | 23 | Hard | Springing | No | 1.40x | |||||||||||||||
Loan | 16 | Westin Lake Mary | 2.1% | 1,308,985 | 34 | Hard | Springing | No | 1.82x |
A-1-5 |
COMM 2015-LC23 | ||||||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||
Pari Passu | Pari Passu | |||||||||||||||||||||||
% of | Annual | Companion Loan | Companion Loan | Remaining | Crossed | |||||||||||||||||||
Property | Initial Pool | Debt | Monthly Debt | Annual Debt | Interest Only | Cash | With | Related | Underwritten | |||||||||||||||
Flag | ID | Property Name | Balance | Service($)(8) | Service($) | Service($) | Period | Lockbox (9) | Management (10) | Other Loans | Borrower | NOI DSCR (8)(11)(12) | ||||||||||||
Loan | 17 | Lake Creek Festival | 2.1% | 1,195,218 | 23 | Hard | Springing | No | 1.85x | |||||||||||||||
Loan | 18 | Wedgewood Building | 2.0% | 1,191,693 | Springing Hard | Springing | No | 1.35x | ||||||||||||||||
Loan | 19 | Kenhorst Plaza | 1.9% | 1,192,318 | 59 | Hard | In-Place | No | 1.33x | |||||||||||||||
Loan | 20 | Addison Town Center | 1.7% | 1,018,388 | Hard | Springing | No | 1.56x | ||||||||||||||||
Loan | 21 | A&H Olympic | 1.5% | 829,312 | 57 | Springing Hard | Springing | No | Yes - B | 1.78x | ||||||||||||||
Loan | 22 | Brentwood Retail Center (35) | 1.4% | 827,652 | Hard | In-Place | No | 1.31x | ||||||||||||||||
Loan | 23 | A&H Maple Avenue | 1.4% | 745,668 | 58 | Springing Hard | Springing | No | Yes - B | 2.35x | ||||||||||||||
Loan | 24 | BJs Montgomeryville | 1.2% | 751,172 | Hard | Springing | No | 1.32x | ||||||||||||||||
Loan | 25 | Colerain Center | 1.2% | 731,107 | 35 | Springing Hard | Springing | No | 1.46x | |||||||||||||||
Loan | 26 | Whitewater Place | 1.2% | 711,579 | Springing Soft | Springing | No | 1.54x | ||||||||||||||||
Loan | 27 | Brown Street Centre | 1.2% | 700,016 | 35 | Springing Hard | Springing | No | 1.79x | |||||||||||||||
Loan | 28 | Biltmore Parks Apartments | 1.1% | 699,757 | 59 | Springing Soft | Springing | No | 1.53x | |||||||||||||||
Loan | 29 | Ortega Village - Retail | 1.1% | 655,661 | None | None | No | Yes - A | 1.33x | |||||||||||||||
Loan | 30 | Landings Shops and Offices | 0.9% | 574,183 | Soft | Springing | No | 1.46x | ||||||||||||||||
Property | 30.01 | Landings Shops and Offices | 0.5% | |||||||||||||||||||||
Property | 30.02 | Progressive Properties | 0.3% | |||||||||||||||||||||
Property | 30.03 | Kopf Offices | 0.2% | |||||||||||||||||||||
Loan | 31 | Terraces on Second | 0.9% | 534,862 | 58 | Springing Soft | Springing | No | 1.28x | |||||||||||||||
Loan | 32 | 75 Executive Drive (36) | 0.9% | 498,520 | Springing Hard | Springing | No | 1.60x | ||||||||||||||||
Loan | 33 | Best Buy Boca Raton | 0.8% | 355,186 | 120 | Hard | In-Place | No | 1.87x | |||||||||||||||
Loan | 34 | Somerset Apartments | 0.8% | 465,153 | 35 | Springing Soft | Springing | No | 1.44x | |||||||||||||||
Loan | 35 | Walgreens VA Beach | 0.8% | 457,310 | 59 | Springing Hard | Springing | No | 1.37x | |||||||||||||||
Loan | 36 | Holiday Inn Express & Suites Rockport | 0.8% | 520,052 | Springing Hard | Springing | No | 1.94x | ||||||||||||||||
Loan | 37 | Commons at Pembroke | 0.7% | 456,450 | Soft | Springing | No | 1.46x | ||||||||||||||||
Loan | 38 | Monument Creek (36) | 0.7% | 301,604 | 119 | Springing Soft | Springing | No | 1.84x | |||||||||||||||
Loan | 39 | High Country Plaza | 0.7% | 399,536 | None | None | No | Yes - A | 1.37x | |||||||||||||||
Loan | 40 | Williamsburg Center | 0.7% | 437,108 | Soft | Springing | No | 1.92x | ||||||||||||||||
Property | 40.01 | 1734 Corporate Crossing | 0.2% | |||||||||||||||||||||
Property | 40.02 | 1728 Corporate Crossing | 0.2% | |||||||||||||||||||||
Property | 40.03 | 1722 Corporate Crossing | 0.1% | |||||||||||||||||||||
Property | 40.04 | 1035 East Gate Drive | 0.1% | |||||||||||||||||||||
Property | 40.05 | 735 Seibert Road | 0.1% | |||||||||||||||||||||
Property | 40.06 | 703 Seibert Road | 0.0% | |||||||||||||||||||||
Property | 40.07 | 723 Seibert Road | 0.0% | |||||||||||||||||||||
Loan | 41 | Shops at Cardiff Ranch | 0.7% | 390,635 | Springing Hard | Springing | No | 1.67x | ||||||||||||||||
Loan | 42 | Cobblestone Court II | 0.5% | 334,977 | Springing Soft | Springing | No | 1.37x | ||||||||||||||||
Loan | 43 | Hampton Inn & Suites – Portland | 0.5% | 392,996 | Springing Hard | Springing | No | 2.34x | ||||||||||||||||
Loan | 44 | 40 Wall Street (33) | 0.5% | 305,710 | 789,750 | 9,477,003 | Hard | In-Place | No | 2.31x | ||||||||||||||
Loan | 45 | Palisades of Bridgeport | 0.5% | 302,888 | Soft | In-Place | No | 1.45x | ||||||||||||||||
Loan | 46 | Walgreens Frisco TX | 0.4% | 304,190 | Springing Hard | Springing | No | Yes - C | 1.20x | |||||||||||||||
Loan | 47 | Walgreens-Goodwill Missouri TX | 0.4% | 325,143 | Springing Hard | Springing | No | Yes - C | 1.13x | |||||||||||||||
Loan | 48 | Warsaw Village | 0.4% | 238,498 | 22 | Springing Hard | Springing | No | 1.50x | |||||||||||||||
Loan | 49 | Walton Shoppes | 0.4% | 263,677 | Springing Hard | Springing | No | Yes - D | 1.41x | |||||||||||||||
Loan | 50 | Ortega Village- Pads | 0.4% | 216,492 | None | None | No | Yes - A | 1.34x | |||||||||||||||
Loan | 51 | 691 14th Street Retail | 0.4% | 221,860 | Springing Hard | Springing | No | 1.57x | ||||||||||||||||
Loan | 52 | Monte & Wishing Well | 0.3% | 220,759 | Springing Soft | Springing | No | 1.63x | ||||||||||||||||
Property | 52.01 | Monte Carlo MHC | 0.2% | |||||||||||||||||||||
Property | 52.02 | Wishing Well MHP | 0.1% | |||||||||||||||||||||
Loan | 53 | Ferndale Avenue Shoppes | 0.3% | 228,043 | Springing Hard | Springing | No | Yes - D | 1.51x | |||||||||||||||
Loan | 54 | Courtyard Self Storage | 0.3% | 195,020 | 23 | Soft | Springing | No | 1.60x | |||||||||||||||
Loan | 55 | Bayonne MHP | 0.3% | 182,856 | Springing Soft | Springing | No | 1.75x | ||||||||||||||||
Loan | 56 | Best Western Cleveland Airport | 0.3% | 242,835 | Springing Hard | Springing | No | 1.74x | ||||||||||||||||
Loan | 57 | Eureka Crossings | 0.2% | 178,559 | Springing Hard | Springing | No | Yes - D | 1.62x | |||||||||||||||
Loan | 58 | Family Dollar - Rose Hill (36) | 0.1% | 49,961 | 119 | Hard | In-Place | No | Yes - E | 1.74x | ||||||||||||||
Loan | 59 | Family Dollar - Moultrie (36) | 0.1% | 46,455 | 119 | Hard | In-Place | No | Yes - E | 1.71x | ||||||||||||||
Loan | 60 | Family Dollar - Biscoe (36) | 0.1% | 42,949 | 119 | Hard | In-Place | No | Yes - E | 1.74x | ||||||||||||||
Loan | 61 | Family Dollar - Rockingham (36) | 0.1% | 41,021 | 119 | Hard | In-Place | No | Yes - E | 1.73x | ||||||||||||||
Loan | 62 | Dollar General - De Soto (36) | 0.1% | 37,082 | 119 | Hard | In-Place | No | Yes - E | 1.91x |
A-1-6 |
COMM 2015-LC23 | ||||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||
% of | FIRREA | Cut-Off | ||||||||||||||||||||
Property | Initial Pool | Underwritten | Grace | Payment | Appraised | Appraisal | Compliant | Date LTV | LTV Ratio at | |||||||||||||
Flag | ID | Property Name | Balance | NCF DSCR (8)(11)(12) | Period (13) | Date | Value ($)(14) | As-of Date | (Yes/No) | Ratio (11)(12)(14) | Maturity or ARD (11)(12)(14) | |||||||||||
Loan | 1 | Equity Inns Portfolio (33) | 8.3% | 2.35x | 0 | 6 | 360,000,000 | Various | Yes | 64.4% | 64.4% | |||||||||||
Property | 1.01 | Homewood Suites Seattle | 1.5% | 56,700,000 | 08/18/2015 | Yes | ||||||||||||||||
Property | 1.02 | Homewood Suites Orlando | 0.7% | 26,100,000 | 08/13/2015 | Yes | ||||||||||||||||
Property | 1.03 | Courtyard Carlsbad | 0.5% | 21,800,000 | 08/18/2015 | Yes | ||||||||||||||||
Property | 1.04 | Courtyard Houston | 0.5% | 18,200,000 | 08/17/2015 | Yes | ||||||||||||||||
Property | 1.05 | Homewood Suites Stratford | 0.4% | 18,600,000 | 08/18/2015 | Yes | ||||||||||||||||
Property | 1.06 | Hampton Inn Urbana | 0.4% | 16,800,000 | 08/14/2015 | Yes | ||||||||||||||||
Property | 1.07 | Springhill Suites Asheville | 0.4% | 16,400,000 | 08/20/2015 | Yes | ||||||||||||||||
Property | 1.08 | Hilton Garden Inn Louisville | 0.4% | 15,100,000 | 08/18/2015 | Yes | ||||||||||||||||
Property | 1.09 | Hampton Inn Orlando | 0.4% | 14,800,000 | 08/13/2015 | Yes | ||||||||||||||||
Property | 1.10 | Hampton Inn Austin | 0.4% | 14,600,000 | 08/17/2015 | Yes | ||||||||||||||||
Property | 1.11 | Hampton Inn College Station | 0.4% | 14,100,000 | 08/14/2015 | Yes | ||||||||||||||||
Property | 1.12 | Hampton Inn Indianapolis | 0.3% | 12,200,000 | 08/17/2015 | Yes | ||||||||||||||||
Property | 1.13 | TownePlace Suites Savannah | 0.3% | 12,100,000 | 08/19/2015 | Yes | ||||||||||||||||
Property | 1.14 | Hampton Inn East Lansing | 0.3% | 10,800,000 | 08/17/2015 | Yes | ||||||||||||||||
Property | 1.15 | Hampton Inn Naperville | 0.3% | 9,800,000 | 08/19/2015 | Yes | ||||||||||||||||
Property | 1.16 | Hilton Garden Inn Rio Rancho | 0.3% | 9,600,000 | 08/10/2015 | Yes | ||||||||||||||||
Property | 1.17 | Courtyard Dalton | 0.2% | 8,800,000 | 08/18/2015 | Yes | ||||||||||||||||
Property | 1.18 | Hampton Inn Alcoa | 0.2% | 8,000,000 | 08/17/2015 | Yes | ||||||||||||||||
Property | 1.19 | Homewood Suites Augusta | 0.2% | 6,500,000 | 08/17/2015 | Yes | ||||||||||||||||
Property | 1.20 | Residence Inn Jacksonville | 0.2% | 6,200,000 | 08/19/2015 | Yes | ||||||||||||||||
Property | 1.21 | Hampton Inn Milford | 0.1% | 5,200,000 | 08/17/2015 | Yes | ||||||||||||||||
Loan | 2 | 32 Avenue of the Americas (33)(36) | 7.3% | 1.88x | 0 | 1 | 770,000,000 | 08/04/2015 | Yes | 55.2% | 55.2% | |||||||||||
Loan | 3 | 11 Madison Avenue (33)(34)(35) | 7.2% | 3.89x | 0 | 6 | 2,350,000,000 | 07/01/2015 | Yes | 32.5% | 32.5% | |||||||||||
Loan | 4 | 1209 DeKalb (35)(36) | 4.8% | 1.48x | 0 | 6 | 63,600,000 | 08/10/2015 | Yes | 72.3% | 72.3% | |||||||||||
Loan | 5 | Good Samaritan Medical Tower (36) | 4.4% | 1.96x | 0 | 6 | 68,000,000 | 07/23/2015 | Yes | 62.8% | 62.8% | |||||||||||
Loan | 6 | Harvey Building Products Portfolio (33) | 4.4% | 1.96x | 0 | 6 | 205,460,000 | Various | Yes | 53.5% | 49.3% | |||||||||||
Property | 6.01 | Londonderry Manufacturing | 0.8% | 40,000,000 | 09/09/2015 | Yes | ||||||||||||||||
Property | 6.02 | Waltham Corporate | 0.4% | 23,900,000 | 09/10/2015 | Yes | ||||||||||||||||
Property | 6.03 | Dartmouth Manufacturing | 0.4% | 17,800,000 | 09/01/2015 | Yes | ||||||||||||||||
Property | 6.04 | Nashua | 0.2% | 9,500,000 | 09/09/2015 | Yes | ||||||||||||||||
Property | 6.05 | West Bridgewater | 0.2% | 7,900,000 | 09/10/2015 | Yes | ||||||||||||||||
Property | 6.06 | Woburn | 0.2% | 7,400,000 | 09/10/2015 | Yes | ||||||||||||||||
Property | 6.07 | Manchester, NH | 0.2% | 7,200,000 | 09/09/2015 | Yes | ||||||||||||||||
Property | 6.08 | New London | 0.1% | 6,620,000 | 10/01/2015 | Yes | ||||||||||||||||
Property | 6.09 | East Haven | 0.1% | 6,300,000 | 10/01/2015 | Yes | ||||||||||||||||
Property | 6.10 | Salem | 0.1% | 5,500,000 | 09/09/2015 | Yes | ||||||||||||||||
Property | 6.11 | Bethlehem | 0.1% | 5,500,000 | 10/01/2015 | Yes | ||||||||||||||||
Property | 6.12 | Lincoln | 0.1% | 5,900,000 | 09/01/2015 | Yes | ||||||||||||||||
Property | 6.13 | Berlin | 0.1% | 5,390,000 | 10/01/2015 | Yes | ||||||||||||||||
Property | 6.14 | Woburn CPD | 0.1% | 6,400,000 | 09/10/2015 | Yes | ||||||||||||||||
Property | 6.15 | Norwalk | 0.1% | 5,310,000 | 10/01/2015 | Yes | ||||||||||||||||
Property | 6.16 | Dartmouth | 0.1% | 4,900,000 | 09/01/2015 | Yes | ||||||||||||||||
Property | 6.17 | Braintree | 0.1% | 3,700,000 | 09/10/2015 | Yes | ||||||||||||||||
Property | 6.18 | Manchester, CT | 0.1% | 3,920,000 | 10/01/2015 | Yes | ||||||||||||||||
Property | 6.19 | Portland | 0.1% | 3,900,000 | 09/09/2015 | Yes | ||||||||||||||||
Property | 6.20 | Norwalk | 0.1% | 4,260,000 | 10/01/2015 | Yes | ||||||||||||||||
Property | 6.21 | Warwick | 0.1% | 3,500,000 | 09/01/2015 | Yes | ||||||||||||||||
Property | 6.22 | Fitchburg | 0.1% | 3,000,000 | 09/09/2015 | Yes | ||||||||||||||||
Property | 6.23 | Auburn | 0.1% | 2,900,000 | 09/10/2015 | Yes | ||||||||||||||||
Property | 6.24 | Portsmouth | 0.1% | 2,800,000 | 09/09/2015 | Yes | ||||||||||||||||
Property | 6.25 | Southampton | 0.0% | 2,350,000 | 10/01/2015 | Yes | ||||||||||||||||
Property | 6.26 | Hyannis | 0.0% | 2,200,000 | 09/10/2015 | Yes | ||||||||||||||||
Property | 6.27 | Wilkes-Barre | 0.0% | 1,900,000 | 10/01/2015 | Yes | ||||||||||||||||
Property | 6.28 | Berlin CPD | 0.0% | 1,910,000 | 10/01/2015 | Yes | ||||||||||||||||
Property | 6.29 | Springfield | 0.0% | 2,100,000 | 09/08/2015 | Yes | ||||||||||||||||
Property | 6.30 | White River Junction | 0.0% | 1,500,000 | 09/09/2015 | Yes | ||||||||||||||||
Loan | 7 | Beach House Hilton Head (36) | 4.2% | 1.58x | 0 | 6 | 55,000,000 | 08/01/2015 | Yes | 72.7% | 62.8% | |||||||||||
Loan | 8 | Whitehall Hotel | 3.7% | 1.51x | 0 | 6 | 67,000,000 | 09/01/2015 | Yes | 53.6% | 40.2% | |||||||||||
Loan | 9 | 611 Cowper | 3.4% | 1.60x | 0 | 6 | 59,000,000 | 11/01/2015 | Yes | 55.8% | 45.0% | |||||||||||
Loan | 10 | Springfield Mall (33) | 3.4% | 1.76x | 0 | 6 | 112,000,000 | 08/15/2015 | Yes | 58.0% | 46.8% | |||||||||||
Loan | 11 | Laguna Niguel Town Center | 2.8% | 1.38x | 0 | 6 | 43,000,000 | 06/03/2015 | Yes | 61.5% | 49.9% | |||||||||||
Loan | 12 | Hacienda Gardens | 2.5% | 1.82x | 0 | 6 | 38,400,000 | 07/17/2015 | Yes | 62.5% | 62.5% | |||||||||||
Loan | 13 | Washington Plaza | 2.4% | 1.24x | 0 | 6 | 33,000,000 | 07/27/2015 | Yes | 69.3% | 56.4% | |||||||||||
Loan | 14 | Carrollwood Station | 2.2% | 1.53x | 0 | 6 | 34,600,000 | 08/12/2015 | Yes | 62.1% | 62.1% | |||||||||||
Loan | 15 | Murrieta Spectrum | 2.1% | 1.30x | 0 | 6 | 29,300,000 | 08/13/2015 | Yes | 70.3% | 67.2% | |||||||||||
Loan | 16 | Westin Lake Mary | 2.1% | 1.57x | 0 | 6 | 29,500,000 | 06/01/2015 | Yes | 67.8% | 60.2% |
A-1-7 |
COMM 2015-LC23 | ||||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||
% of | FIRREA | Cut-Off | ||||||||||||||||||||
Property | Initial Pool | Underwritten | Grace | Payment | Appraised | Appraisal | Compliant | Date LTV | LTV Ratio at | |||||||||||||
Flag | ID | Property Name | Balance | NCF DSCR (8)(11)(12) | Period (13) | Date | Value ($)(14) | As-of Date | (Yes/No) | Ratio (11)(12)(14) | Maturity or ARD (11)(12)(14) | |||||||||||
Loan | 17 | Lake Creek Festival | 2.1% | 1.66x | 0 | 6 | 28,200,000 | 07/01/2015 | Yes | 70.0% | 59.8% | |||||||||||
Loan | 18 | Wedgewood Building | 2.0% | 1.27x | 0 | 6 | 28,200,000 | 08/17/2015 | Yes | 67.3% | 55.0% | |||||||||||
Loan | 19 | Kenhorst Plaza | 1.9% | 1.25x | 0 | 6 | 25,000,000 | 07/21/2015 | Yes | 73.2% | 67.6% | |||||||||||
Loan | 20 | Addison Town Center | 1.7% | 1.43x | 0 | 6 | 22,460,000 | 07/13/2015 | Yes | 72.3% | 59.0% | |||||||||||
Loan | 21 | A&H Olympic | 1.5% | 1.67x | 0 | 6 | 25,000,000 | 04/15/2015 | Yes | 56.8% | 51.7% | |||||||||||
Loan | 22 | Brentwood Retail Center (35) | 1.4% | 1.29x | 0 | 6 | 20,000,000 | 07/21/2015 | Yes | 66.5% | 58.4% | |||||||||||
Loan | 23 | A&H Maple Avenue | 1.4% | 2.31x | 0 | 6 | 28,500,000 | 04/15/2015 | Yes | 45.6% | 41.4% | |||||||||||
Loan | 24 | BJs Montgomeryville | 1.2% | 1.32x | 5 | 1 | 17,600,000 | 07/08/2015 | Yes | 68.1% | 55.6% | |||||||||||
Loan | 25 | Colerain Center | 1.2% | 1.36x | 0 | 6 | 15,500,000 | 06/04/2015 | Yes | 75.0% | 66.1% | |||||||||||
Loan | 26 | Whitewater Place | 1.2% | 1.51x | 0 | 6 | 16,980,000 | 09/03/2015 | Yes | 67.6% | 55.0% | |||||||||||
Loan | 27 | Brown Street Centre | 1.2% | 1.60x | 0 | 6 | 17,500,000 | 04/20/2015 | Yes | 64.6% | 56.7% | |||||||||||
Loan | 28 | Biltmore Parks Apartments | 1.1% | 1.41x | 0 | 6 | 18,400,000 | 08/27/2015 | Yes | 59.8% | 55.0% | |||||||||||
Loan | 29 | Ortega Village - Retail | 1.1% | 1.31x | 0 | 6 | 14,500,000 | 06/03/2015 | Yes | 72.9% | 59.4% | |||||||||||
Loan | 30 | Landings Shops and Offices | 0.9% | 1.31x | 0 | 6 | 11,900,000 | 05/18/2015 | Yes | 74.9% | 61.6% | |||||||||||
Property | 30.01 | Landings Shops and Offices | 0.5% | 5,950,000 | 05/18/2015 | Yes | ||||||||||||||||
Property | 30.02 | Progressive Properties | 0.3% | 3,550,000 | 05/18/2015 | Yes | ||||||||||||||||
Property | 30.03 | Kopf Offices | 0.2% | 2,400,000 | 05/18/2015 | Yes | ||||||||||||||||
Loan | 31 | Terraces on Second | 0.9% | 1.26x | 0 | 6 | 11,500,000 | 08/11/2015 | Yes | 74.8% | 68.6% | |||||||||||
Loan | 32 | 75 Executive Drive (36) | 0.9% | 1.45x | 0 | 6 | 11,200,000 | 07/02/2015 | Yes | 72.9% | 59.2% | |||||||||||
Loan | 33 | Best Buy Boca Raton | 0.8% | 1.81x | 0 | 6 | 12,600,000 | 08/27/2015 | Yes | 59.9% | 59.9% | |||||||||||
Loan | 34 | Somerset Apartments | 0.8% | 1.33x | 0 | 6 | 10,500,000 | 09/08/2015 | Yes | 71.4% | 62.8% | |||||||||||
Loan | 35 | Walgreens VA Beach | 0.8% | 1.36x | 0 | 6 | 12,300,000 | 07/24/2015 | Yes | 59.9% | 54.9% | |||||||||||
Loan | 36 | Holiday Inn Express & Suites Rockport | 0.8% | 1.76x | 0 | 6 | 11,100,000 | 07/29/2015 | Yes | 66.0% | 49.6% | |||||||||||
Loan | 37 | Commons at Pembroke | 0.7% | 1.34x | 0 | 6 | 10,400,000 | 08/10/2015 | Yes | 69.2% | 56.7% | |||||||||||
Loan | 38 | Monument Creek (36) | 0.7% | 1.82x | 0 | 6 | 10,140,000 | 08/04/2015 | Yes | 65.5% | 65.5% | |||||||||||
Loan | 39 | High Country Plaza | 0.7% | 1.29x | 0 | 6 | 9,450,000 | 06/02/2015 | Yes | 68.6% | 55.8% | |||||||||||
Loan | 40 | Williamsburg Center | 0.7% | 1.72x | 0 | 6 | 8,500,000 | 06/03/2015 | Yes | 74.9% | 55.6% | |||||||||||
Property | 40.01 | 1734 Corporate Crossing | 0.2% | 1,300,000 | 06/03/2015 | Yes | ||||||||||||||||
Property | 40.02 | 1728 Corporate Crossing | 0.2% | 1,250,000 | 06/03/2015 | Yes | ||||||||||||||||
Property | 40.03 | 1722 Corporate Crossing | 0.1% | 1,200,000 | 06/03/2015 | Yes | ||||||||||||||||
Property | 40.04 | 1035 East Gate Drive | 0.1% | 1,575,000 | 06/03/2015 | Yes | ||||||||||||||||
Property | 40.05 | 735 Seibert Road | 0.1% | 1,175,000 | 06/03/2015 | Yes | ||||||||||||||||
Property | 40.06 | 703 Seibert Road | 0.0% | 1,025,000 | 06/03/2015 | Yes | ||||||||||||||||
Property | 40.07 | 723 Seibert Road | 0.0% | 975,000 | 06/03/2015 | Yes | ||||||||||||||||
Loan | 41 | Shops at Cardiff Ranch | 0.7% | 1.60x | 0 | 6 | 9,400,000 | 08/10/2015 | Yes | 67.4% | 54.8% | |||||||||||
Loan | 42 | Cobblestone Court II | 0.5% | 1.31x | 0 | 6 | 7,420,000 | 07/07/2015 | Yes | 70.0% | 57.6% | |||||||||||
Loan | 43 | Hampton Inn & Suites – Portland | 0.5% | 2.12x | 0 | 6 | 8,900,000 | 06/22/2015 | Yes | 56.0% | 35.3% | |||||||||||
Loan | 44 | 40 Wall Street (33) | 0.5% | 2.13x | 0 | 6 | 540,000,000 | 06/01/2015 | Yes | 29.4% | 21.1% | |||||||||||
Loan | 45 | Palisades of Bridgeport | 0.5% | 1.34x | 0 | 6 | 6,300,000 | 07/17/2015 | Yes | 72.9% | 60.4% | |||||||||||
Loan | 46 | Walgreens Frisco TX | 0.4% | 1.20x | 0 | 6 | 6,585,000 | 07/14/2015 | Yes | 60.4% | 37.5% | |||||||||||
Loan | 47 | Walgreens-Goodwill Missouri TX | 0.4% | 1.13x | 0 | 6 | 5,370,000 | 07/23/2015 | Yes | 74.0% | 41.1% | |||||||||||
Loan | 48 | Warsaw Village | 0.4% | 1.33x | 0 | 6 | 4,900,000 | 08/07/2015 | Yes | 73.5% | 70.4% | |||||||||||
Loan | 49 | Walton Shoppes | 0.4% | 1.28x | 0 | 6 | 5,350,000 | 07/17/2015 | Yes | 65.4% | 40.2% | |||||||||||
Loan | 50 | Ortega Village- Pads | 0.4% | 1.31x | 0 | 6 | 5,900,000 | 06/03/2015 | Yes | 59.2% | 48.2% | |||||||||||
Loan | 51 | 691 14th Street Retail | 0.4% | 1.51x | 0 | 6 | 4,900,000 | 04/22/2015 | Yes | 71.2% | 58.5% | |||||||||||
Loan | 52 | Monte & Wishing Well | 0.3% | 1.61x | 0 | 6 | 4,550,000 | 05/14/2015 | Yes | 73.0% | 53.5% | |||||||||||
Property | 52.01 | Monte Carlo MHC | 0.2% | 2,620,000 | 05/14/2015 | Yes | ||||||||||||||||
Property | 52.02 | Wishing Well MHP | 0.1% | 1,930,000 | 05/14/2015 | Yes | ||||||||||||||||
Loan | 53 | Ferndale Avenue Shoppes | 0.3% | 1.39x | 0 | 6 | 4,600,000 | 07/17/2015 | Yes | 65.9% | 40.6% | |||||||||||
Loan | 54 | Courtyard Self Storage | 0.3% | 1.57x | 0 | 6 | 4,100,000 | 08/15/2015 | Yes | 73.2% | 63.4% | |||||||||||
Loan | 55 | Bayonne MHP | 0.3% | 1.71x | 0 | 6 | 5,700,000 | 05/27/2015 | Yes | 52.6% | 42.6% | |||||||||||
Loan | 56 | Best Western Cleveland Airport | 0.3% | 1.52x | 0 | 6 | 4,500,000 | 08/17/2015 | Yes | 66.5% | 42.5% | |||||||||||
Loan | 57 | Eureka Crossings | 0.2% | 1.45x | 0 | 6 | 3,650,000 | 07/17/2015 | Yes | 64.2% | 39.8% | |||||||||||
Loan | 58 | Family Dollar - Rose Hill (36) | 0.1% | 1.71x | 0 | 6 | 1,425,000 | 05/06/2015 | Yes | 70.0% | 70.0% | |||||||||||
Loan | 59 | Family Dollar - Moultrie (36) | 0.1% | 1.68x | 0 | 6 | 1,325,000 | 05/06/2015 | Yes | 70.0% | 70.0% | |||||||||||
Loan | 60 | Family Dollar - Biscoe (36) | 0.1% | 1.71x | 0 | 6 | 1,225,000 | 05/06/2015 | Yes | 70.0% | 70.0% | |||||||||||
Loan | 61 | Family Dollar - Rockingham (36) | 0.1% | 1.70x | 0 | 6 | 1,170,000 | 05/06/2015 | Yes | 70.0% | 70.0% | |||||||||||
Loan | 62 | Dollar General - De Soto (36) | 0.1% | 1.88x | 0 | 6 | 1,080,000 | 08/06/2015 | Yes | 65.0% | 65.0% |
A-1-8 |
COMM 2015-LC23 | ||||||||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||
Net | Loan per Net | |||||||||||||||||||||||||
% of | Rentable Area | Units | Rentable Area | |||||||||||||||||||||||
Property | Initial Pool | Year | Year | (SF/Units/ | of | (SF/Units/Rooms/ | ||||||||||||||||||||
Flag | ID | Property Name | Balance | Address | City | County | State | Zip Code | Built | Renovated | Rooms/Pads)(4) | Measure | Pads) ($)(11)(12) | |||||||||||||
Loan | 1 | Equity Inns Portfolio (33) | 8.3% | Various | Various | Various | Various | Various | Various | Various | 2,690 | Rooms | 86,245 | |||||||||||||
Property | 1.01 | Homewood Suites Seattle | 1.5% | 206 Western Avenue West | Seattle | King | WA | 98119 | 1998 | NAP | 161 | Rooms | 261,491 | |||||||||||||
Property | 1.02 | Homewood Suites Orlando | 0.7% | 8745 International Drive | Orlando | Orange | FL | 32819 | 1999 | 2014 | 252 | Rooms | 72,817 | |||||||||||||
Property | 1.03 | Courtyard Carlsbad | 0.5% | 5835 Owens Avenue | Carlsbad | San Diego | CA | 92008 | 2000 | 2012-2013 | 145 | Rooms | 100,690 | |||||||||||||
Property | 1.04 | Courtyard Houston | 0.5% | 12401 Katy Freeway | Houston | Harris | TX | 77079 | 1979 | 2010 | 176 | Rooms | 76,705 | |||||||||||||
Property | 1.05 | Homewood Suites Stratford | 0.4% | 6905 Main Street | Stratford | Fairfield | CT | 06614 | 2002 | 2009, 2013, 2014 | 135 | Rooms | 92,593 | |||||||||||||
Property | 1.06 | Hampton Inn Urbana | 0.4% | 1200 West University Avenue | Urbana | Champaign | IL | 61801 | 1995 | 2011 | 130 | Rooms | 95,385 | |||||||||||||
Property | 1.07 | Springhill Suites Asheville | 0.4% | 2 Buckstone Place | Asheville | Buncombe | NC | 28805 | 2001 | 2009 | 88 | Rooms | 130,682 | |||||||||||||
Property | 1.08 | Hilton Garden Inn Louisville | 0.4% | 1530 Alliant Avenue | Louisville | Jefferson | KY | 40299 | 1999 | 2012 | 112 | Rooms | 102,232 | |||||||||||||
Property | 1.09 | Hampton Inn Orlando | 0.4% | 8900 Universal Boulevard | Orlando | Orange | FL | 32819 | 1999 | 2012 | 170 | Rooms | 65,588 | |||||||||||||
Property | 1.10 | Hampton Inn Austin | 0.4% | 7619 Interstate 35 North | Austin | Travis | TX | 78752 | 1985 | 2009 | 121 | Rooms | 90,909 | |||||||||||||
Property | 1.11 | Hampton Inn College Station | 0.4% | 320 Texas Avenue South | College Station | Brazos | TX | 77840 | 1986 | 2007, 2008 | 133 | Rooms | 78,947 | |||||||||||||
Property | 1.12 | Hampton Inn Indianapolis | 0.3% | 6817 East 82nd Street | Indianapolis | Marion | IN | 46250 | 1987 | 2013 | 128 | Rooms | 70,703 | |||||||||||||
Property | 1.13 | TownePlace Suites Savannah | 0.3% | 11309 Abercorn Street | Savannah | Chatham | GA | 31411 | 2000 | 2012, 2013 | 93 | Rooms | 91,398 | |||||||||||||
Property | 1.14 | Hampton Inn East Lansing | 0.3% | 2500 Coolidge Road | East Lansing | Ingham | MI | 48823 | 2000 | 2008 | 86 | Rooms | 93,023 | |||||||||||||
Property | 1.15 | Hampton Inn Naperville | 0.3% | 1087 East Diehl Road | Naperville | Du Page | IL | 60563 | 1987 | 2010 | 129 | Rooms | 56,589 | |||||||||||||
Property | 1.16 | Hilton Garden Inn Rio Rancho | 0.3% | 1771 Rio Rancho Boulevard | Rio Rancho | Sandoval | NM | 87124 | 1998 | 2014 | 129 | Rooms | 55,814 | |||||||||||||
Property | 1.17 | Courtyard Dalton | 0.2% | 785 College Drive | Dalton | Whitfield | GA | 30720 | 1999 | 2012 | 93 | Rooms | 63,441 | |||||||||||||
Property | 1.18 | Hampton Inn Alcoa | 0.2% | 148 International Avenue | Alcoa | Blount | TN | 37701 | 1989 | 2009-2010 | 118 | Rooms | 41,949 | |||||||||||||
Property | 1.19 | Homewood Suites Augusta | 0.2% | 1049 Stevens Creek Road | Augusta | Richmond | GA | 30907 | 1997 | 2008 | 65 | Rooms | 74,615 | |||||||||||||
Property | 1.20 | Residence Inn Jacksonville | 0.2% | 1310 Airport Road | Jacksonville | Duval | FL | 32218 | 1999 | NAP | 78 | Rooms | 57,692 | |||||||||||||
Property | 1.21 | Hampton Inn Milford | 0.1% | 129 Plains Road | Milford | New Haven | CT | 06460 | 1986 | 2010 | 148 | Rooms | 18,243 | |||||||||||||
Loan | 2 | 32 Avenue of the Americas (33)(36) | 7.3% | 32 Avenue of the Americas | New York | New York | NY | 10013 | 1932 | 1999 | 1,163,051 | Sq. Ft. | 365 | |||||||||||||
Loan | 3 | 11 Madison Avenue (33)(34)(35) | 7.2% | 11 Madison Avenue | New York | New York | NY | 10010 | 1932-1950 | 1994-1997, 2015 | 2,285,043 | Sq. Ft. | 334 | |||||||||||||
Loan | 4 | 1209 DeKalb (35)(36) | 4.8% | 1209 DeKalb Avenue | Brooklyn | Kings | NY | 11221 | 2013 | NAP | 127 | Units | 362,205 | |||||||||||||
Loan | 5 | Good Samaritan Medical Tower (36) | 4.4% | 1127 Wilshire Boulevard | Los Angeles | Los Angeles | CA | 90017 | 1965 | 2014 | 146,354 | Sq. Ft. | 292 | |||||||||||||
Loan | 6 | Harvey Building Products Portfolio (33) | 4.4% | Various | Various | Various | Various | Various | Various | Various | 2,046,119 | Sq. Ft. | 54 | |||||||||||||
Property | 6.01 | Londonderry Manufacturing | 0.8% | 5 Jack’s Bridge Road | Londonderry | Hillsborough | NH | 03062 | 2007 | NAP | 376,294 | Sq. Ft. | 56 | |||||||||||||
Property | 6.02 | Waltham Corporate | 0.4% | 1400 Main Street | Waltham | Middlesex | MA | 02451 | 1999 | 2010-2015 | 54,400 | Sq. Ft. | 200 | |||||||||||||
Property | 6.03 | Dartmouth Manufacturing | 0.4% | 7 Ledgewood Boulevard | North Dartmouth | Bristol | MA | 02714 | 1998 | NAP | 235,239 | Sq. Ft. | 43 | |||||||||||||
Property | 6.04 | Nashua | 0.2% | 90 Northeastern Boulevard | Nashua | Hillsborough | NH | 03062 | 2006 | NAP | 111,594 | Sq. Ft. | 46 | |||||||||||||
Property | 6.05 | West Bridgewater | 0.2% | 10 Turnpike Street | West Bridgewater | Plymouth | MA | 02379 | 2005 | NAP | 81,776 | Sq. Ft. | 58 | |||||||||||||
Property | 6.06 | Woburn | 0.2% | 27-33 Commonwealth Avenue | Woburn | Middlesex | MA | 01801 | 1989 | 2013 | 76,054 | Sq. Ft. | 62 | |||||||||||||
Property | 6.07 | Manchester, NH | 0.2% | 344 East Industrial Park Drive | Manchester | Hillsborough | NH | 03109 | 2003 | NAP | 81,747 | Sq. Ft. | 47 | |||||||||||||
Property | 6.08 | New London | 0.1% | 1096 Hartford Turnpike | Waterford | New London | CT | 06385 | 2008 | NAP | 70,642 | Sq. Ft. | 52 | |||||||||||||
Property | 6.09 | East Haven | 0.1% | 221 Commerce Street | East Haven | New Haven | CT | 06512 | 2005 | NAP | 70,089 | Sq. Ft. | 48 | |||||||||||||
Property | 6.10 | Salem | 0.1% | 4 Raymond Avenue | Salem | Rockingham | NH | 03079 | 2001 | NAP | 58,286 | Sq. Ft. | 58 | |||||||||||||
Property | 6.11 | Bethlehem | 0.1% | 2000 City Line Road | Bethlehem | Lehigh | PA | 18017 | 1973 | NAP | 71,091 | Sq. Ft. | 46 | |||||||||||||
Property | 6.12 | Lincoln | 0.1% | 21 Wellington Road | Lincoln | Providence | RI | 02865 | 2003 | NAP | 80,240 | Sq. Ft. | 40 | |||||||||||||
Property | 6.13 | Berlin | 0.1% | 272 Woodlawn Road | Berlin | Hartford | CT | 06037 | 1995 | NAP | 43,796 | Sq. Ft. | 70 | |||||||||||||
Property | 6.14 | Woburn CPD | 0.1% | 35 Commonwealth Avenue | Woburn | Middlesex | MA | 01801 | 1984 | NAP | 59,800 | Sq. Ft. | 50 | |||||||||||||
Property | 6.15 | Norwalk | 0.1% | 256-258 Dr. Martin Luther King Jr. Drive | Norwalk | Fairfield | CT | 06854 | 1972 | NAP | 40,232 | Sq. Ft. | 62 | |||||||||||||
Property | 6.16 | Dartmouth | 0.1% | 965 Reed Road | Dartmouth | Bristol | MA | 02747 | 1974 | 2004 | 63,117 | Sq. Ft. | 38 | |||||||||||||
Property | 6.17 | Braintree | 0.1% | 320 Wood Road | Braintree | Norfolk | MA | 02184 | 1986 | NAP | 32,531 | Sq. Ft. | 69 | |||||||||||||
Property | 6.18 | Manchester, CT | 0.1% | 730 Parker Street | Manchester | Hartford | CT | 06042 | 1996 | 2004 | 49,175 | Sq. Ft. | 43 | |||||||||||||
Property | 6.19 | Portland | 0.1% | 401 Riverside Street | Portland | Cumberland | ME | 04103 | 1976 | 2003 | 48,145 | Sq. Ft. | 44 | |||||||||||||
Property | 6.20 | Norwalk | 0.1% | 260 Dr. Martin Luther King Jr. Drive | Norwalk | Fairfield | CT | 06854 | 1974 | NAP | 30,000 | Sq. Ft. | 63 | |||||||||||||
Property | 6.21 | Warwick | 0.1% | 45 Lori Ann Way | Warwick | Kent | RI | 02886 | 1997 | NAP | 43,899 | Sq. Ft. | 43 | |||||||||||||
Property | 6.22 | Fitchburg | 0.1% | 133 Benson Street | Fitchburg | Worcester | MA | 01420 | 2002 | NAP | 39,433 | Sq. Ft. | 41 | |||||||||||||
Property | 6.23 | Auburn | 0.1% | 300 Washington Street | Auburn | Worcester | MA | 01501 | 1983 | 1995-2006 | 37,132 | Sq. Ft. | 42 | |||||||||||||
Property | 6.24 | Portsmouth | 0.1% | 240 West Road | Portsmouth | Rockingham | NH | 03801 | 1993 | NAP | 31,470 | Sq. Ft. | 48 | |||||||||||||
Property | 6.25 | Southampton | 0.0% | 99 Buck Road | Huntingdon Valley | Bucks | PA | 19006 | 2009 | NAP | 36,421 | Sq. Ft. | 34 | |||||||||||||
Property | 6.26 | Hyannis | 0.0% | 186 Breeds Hill Road | Hyannis | Barnstable | MA | 02601 | 1986 | 2001-2002 | 24,070 | Sq. Ft. | 49 | |||||||||||||
Property | 6.27 | Wilkes-Barre | 0.0% | 936 Rutter Avenue | Forty Fort | Luzerne | PA | 18704 | 1950 | 1999 | 32,200 | Sq. Ft. | 34 | |||||||||||||
Property | 6.28 | Berlin CPD | 0.0% | 230 Woodlawn Road | Berlin | Hartford | CT | 06037 | 1977 | 2002 | 28,163 | Sq. Ft. | 38 | |||||||||||||
Property | 6.29 | Springfield | 0.0% | 175 Carando Drive | Springfield | Hampden | MA | 01104 | 1989 | NAP | 25,347 | Sq. Ft. | 39 | |||||||||||||
Property | 6.30 | White River Junction | 0.0% | 1354 North Hartland Road | White River Junction | Windsor | VT | 05001 | 1981 | 1991 | 13,736 | Sq. Ft. | 62 | |||||||||||||
Loan | 7 | Beach House Hilton Head (36) | 4.2% | 1 South Forest Beach Drive | Hilton Head Island | Beaufort | SC | 29928 | 1973 | 2012 | 202 | Rooms | 198,020 | |||||||||||||
Loan | 8 | Whitehall Hotel | 3.7% | 105 East Delaware Place | Chicago | Cook | IL | 60611 | 1928 | 1972, 1994, 2012-2014 | 222 | Rooms | 161,912 | |||||||||||||
Loan | 9 | 611 Cowper | 3.4% | 611 Cowper Street | Palo Alto | Santa Clara | CA | 94301 | 2015 | NAP | 30,000 | Sq. Ft. | 1,097 | |||||||||||||
Loan | 10 | Springfield Mall (33) | 3.4% | 1250 Baltimore Pike | Springfield Township | Delaware | PA | 19064 | 1974 | 1997 | 223,180 | Sq. Ft. | 291 | |||||||||||||
Loan | 11 | Laguna Niguel Town Center | 2.8% | 30000-30192 Town Center Drive | Laguna Niguel | Orange | CA | 92677 | 1980 | 2004 | 98,157 | Sq. Ft. | 269 | |||||||||||||
Loan | 12 | Hacienda Gardens | 2.5% | 3001-3171 Meridian Avenue | San Jose | Santa Clara | CA | 95124 | 1959, 2007, 2010, 2013, 2015 | NAP | 104,557 | Sq. Ft. | 230 | |||||||||||||
Loan | 13 | Washington Plaza | 2.4% | 400-530 East Washington Boulevard | Los Angeles | Los Angeles | CA | 90015 | 1926 | 2014 | 138,010 | Sq. Ft. | 166 | |||||||||||||
Loan | 14 | Carrollwood Station | 2.2% | 8781 White Swan Drive | Tampa | Hillsborough | FL | 33614 | 1984 | 2015 | 336 | Units | 63,988 | |||||||||||||
Loan | 15 | Murrieta Spectrum | 2.1% | 25115 - 25175 Madison Avenue | Murrieta | Riverside | CA | 92562 | 2005 | NAP | 172,598 | Sq. Ft. | 119 | |||||||||||||
Loan | 16 | Westin Lake Mary | 2.1% | 2974 International Parkway | Lake Mary | Seminole | FL | 32746 | 2009 | NAP | 252 | Rooms | 79,365 |
A-1-9 |
COMM 2015-LC23 | ||||||||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||
Net | Loan per Net | |||||||||||||||||||||||||
% of | Rentable Area | Units | Rentable Area | |||||||||||||||||||||||
Property | Initial Pool | Year | Year | (SF/Units/ | of | (SF/Units/Rooms/ | ||||||||||||||||||||
Flag | ID | Property Name | Balance | Address | City | County | State | Zip Code | Built | Renovated | Rooms/Pads)(4) | Measure | Pads) ($)(11)(12) | |||||||||||||
Loan | 17 | Lake Creek Festival | 2.1% | 13729 Research Boulevard | Austin | Williamson | TX | 78750 | 1990, 1991 | NAP | 285,454 | Sq. Ft. | 69 | |||||||||||||
Loan | 18 | Wedgewood Building | 2.0% | 2015 Manhattan Beach Boulevard | Redondo Beach | Los Angeles | CA | 90278 | 1986 | 2014 | 83,005 | Sq. Ft. | 229 | |||||||||||||
Loan | 19 | Kenhorst Plaza | 1.9% | 300 Kenhorst Plaza | Kenhorst | Berks | PA | 19607 | 1990 | NAP | 161,424 | Sq. Ft. | 113 | |||||||||||||
Loan | 20 | Addison Town Center | 1.7% | 3740-3850 Beltline Road | Addison | Dallas | TX | 75001 | 1993-1994 | 2003 | 186,275 | Sq. Ft. | 87 | |||||||||||||
Loan | 21 | A&H Olympic | 1.5% | 210 East Olympic Boulevard | Los Angeles | Los Angeles | CA | 90015 | 1989 | NAP | 105,225 | Sq. Ft. | 135 | |||||||||||||
Loan | 22 | Brentwood Retail Center (35) | 1.4% | 11707-11715 Gorham Avenue | Brentwood | Los Angeles | CA | 90049 | 1960 | 1979 | 10,511 | Sq. Ft. | 1,264 | |||||||||||||
Loan | 23 | A&H Maple Avenue | 1.4% | 1001 South Maple Avenue | Los Angeles | Los Angeles | CA | 90015 | 1984, 1993 | NAP | 23,941 | Sq. Ft. | 543 | |||||||||||||
Loan | 24 | BJs Montgomeryville | 1.2% | 724 Bethlehem Pike | Montgomeryville | Montgomery | PA | 18936 | 2015 | NAP | 87,984 | Sq. Ft. | 136 | |||||||||||||
Loan | 25 | Colerain Center | 1.2% | 9470 Colerain Avenue | Colerain Township | Hamilton | OH | 45251 | 1988, 2003 | 2013 | 78,169 | Sq. Ft. | 149 | |||||||||||||
Loan | 26 | Whitewater Place | 1.2% | 2695 Satinwood Avenue Southeast | Grand Rapids | Kent | MI | 49546 | 2015 | NAP | 89 | Units | 129,065 | |||||||||||||
Loan | 27 | Brown Street Centre | 1.2% | 255 East Brown Street | Birmingham | Oakland | MI | 48009 | 1985 | 2014 | 69,716 | Sq. Ft. | 162 | |||||||||||||
Loan | 28 | Biltmore Parks Apartments | 1.1% | 1111 Vista Valet | San Antonio | Bexar | TX | 78216 | 1984 | 2015 | 264 | Units | 41,667 | |||||||||||||
Loan | 29 | Ortega Village - Retail | 1.1% | 31654-31742 Rancho Viejo Road | San Juan Capistrano | Orange | CA | 92675 | 1981 | NAP | 40,423 | Sq. Ft. | 262 | |||||||||||||
Loan | 30 | Landings Shops and Offices | 0.9% | Various | Avon Lake | Lorain | OH | 44012 | Various | Various | 102,220 | Sq. Ft. | 87 | |||||||||||||
Property | 30.01 | Landings Shops and Offices | 0.5% | 445 Avon Belden Road | Avon Lake | Lorain | OH | 44012 | 1975-1980 | NAP | 71,063 | Sq. Ft. | 63 | |||||||||||||
Property | 30.02 | Progressive Properties | 0.3% | 450 Avon Belden Road | Avon Lake | Lorain | OH | 44012 | 1997 | NAP | 12,100 | Sq. Ft. | 220 | |||||||||||||
Property | 30.03 | Kopf Offices | 0.2% | 412 & 420 Avon Belden Road | Avon Lake | Lorain | OH | 44012 | 1996 | 2004 | 19,057 | Sq. Ft. | 94 | |||||||||||||
Loan | 31 | Terraces on Second | 0.9% | 507 South 2nd Street | Champaign | Champaign | IL | 61820 | 2015 | NAP | 112 | Beds | 76,786 | |||||||||||||
Loan | 32 | 75 Executive Drive (36) | 0.9% | 75 Executive Drive | Aurora | DuPage | IL | 60504 | 1980 | 1990, 2006 | 107,087 | Sq. Ft. | 76 | |||||||||||||
Loan | 33 | Best Buy Boca Raton | 0.8% | 20540 State Road 7 | Boca Raton | Palm Beach | FL | 33498 | 1995 | 2015 | 58,000 | Sq. Ft. | 130 | |||||||||||||
Loan | 34 | Somerset Apartments | 0.8% | 1101,1201 & 1205 Madeira Drive Southeast | Albuquerque | Bernalillo | NM | 87108 | 1962 | 2004-2014 | 224 | Units | 33,482 | |||||||||||||
Loan | 35 | Walgreens VA Beach | 0.8% | 645 First Colonial Road | Virginia Beach | Virginia Beach City | VA | 23451 | 2015 | NAP | 14,200 | Sq. Ft. | 519 | |||||||||||||
Loan | 36 | Holiday Inn Express & Suites Rockport | 0.8% | 925 Lady Claire Street | Rockport | Aransas | TX | 78382 | 2010 | NAP | 69 | Rooms | 106,216 | |||||||||||||
Loan | 37 | Commons at Pembroke | 0.7% | 408 West Railroad Street | Pembroke | Robeson | NC | 28372 | 2006, 2010 | NAP | 336 | Beds | 21,405 | |||||||||||||
Loan | 38 | Monument Creek (36) | 0.7% | 85 Sunflower Road | Colorado Springs | El Paso | CO | 80907 | 1997 | NAP | 137 | Pads | 48,467 | |||||||||||||
Loan | 39 | High Country Plaza | 0.7% | 15805-15817 Bernardo Center Drive | San Diego | San Diego | CA | 92127 | 1988 | NAP | 20,598 | Sq. Ft. | 315 | |||||||||||||
Loan | 40 | Williamsburg Center | 0.7% | Various | O’Fallon | St. Clair | IL | 62269 | Various | NAP | 84,487 | Sq. Ft. | 75 | |||||||||||||
Property | 40.01 | 1734 Corporate Crossing | 0.2% | 1734 Corporate Crossing | O’Fallon | St. Clair | IL | 62269 | 2005 | NAP | 12,100 | Sq. Ft. | 124 | |||||||||||||
Property | 40.02 | 1728 Corporate Crossing | 0.2% | 1728 Corporate Crossing | O’Fallon | St. Clair | IL | 62269 | 1999 | NAP | 12,100 | Sq. Ft. | 119 | |||||||||||||
Property | 40.03 | 1722 Corporate Crossing | 0.1% | 1722 Corporate Crossing | O’Fallon | St. Clair | IL | 62269 | 2000 | NAP | 12,100 | Sq. Ft. | 114 | |||||||||||||
Property | 40.04 | 1035 East Gate Drive | 0.1% | 1035 Eastgate | O’Fallon | St. Clair | IL | 62269 | 2005 | NAP | 14,600 | Sq. Ft. | 46 | |||||||||||||
Property | 40.05 | 735 Seibert Road | 0.1% | 735 Seibert Road | O’Fallon | St. Clair | IL | 62269 | 1996 | NAP | 11,218 | Sq. Ft. | 45 | |||||||||||||
Property | 40.06 | 703 Seibert Road | 0.0% | 703 Seibert Road | O’Fallon | St. Clair | IL | 62269 | 1996 | NAP | 11,169 | Sq. Ft. | 39 | |||||||||||||
Property | 40.07 | 723 Seibert Road | 0.0% | 723 Seibert Road | O’Fallon | St. Clair | IL | 62269 | 1996 | NAP | 11,200 | Sq. Ft. | 37 | |||||||||||||
Loan | 41 | Shops at Cardiff Ranch | 0.7% | 4603 FM 1463 | Katy | Fort Bend | TX | 77494 | 2015 | NAP | 24,250 | Sq. Ft. | 261 | |||||||||||||
Loan | 42 | Cobblestone Court II | 0.5% | 910-1010 Center Place Drive | Rochester | Monroe | NY | 14615 | 1994, 2001 | NAP | 80 | Units | 64,931 | |||||||||||||
Loan | 43 | Hampton Inn & Suites – Portland | 0.5% | 1705 Highway 181 North | Portland | San Patricio | TX | 78374 | 2001 | 2013 | 54 | Rooms | 92,378 | |||||||||||||
Loan | 44 | 40 Wall Street (33) | 0.5% | 40 Wall Street | New York | New York | NY | 10006 | 1929 | 1995 | 1,165,207 | Sq. Ft. | 136 | |||||||||||||
Loan | 45 | Palisades of Bridgeport | 0.5% | 245-275, 315 Palisade Avenue | Bridgeport | Fairfield | CT | 06610 | 1918-1920 | 1993 | 93 | Units | 49,412 | |||||||||||||
Loan | 46 | Walgreens Frisco TX | 0.4% | 3030 West Main Street | Frisco | Denton | TX | 75034 | 2003 | NAP | 14,560 | Sq. Ft. | 273 | |||||||||||||
Loan | 47 | Walgreens-Goodwill Missouri TX | 0.4% | 4042 Lake Shore Harbour Boulevard | Missouri City | Fort Bend | TX | 77459 | 2005 | NAP | 14,820 | Sq. Ft. | 268 | |||||||||||||
Loan | 48 | Warsaw Village | 0.4% | 4665-4719 Richmond Road | Warsaw | Richmond | VA | 22572 | 1991 | NAP | 60,100 | Sq. Ft. | 60 | |||||||||||||
Loan | 49 | Walton Shoppes | 0.4% | 1266 Walton Boulevard | Rochester Hills | Oakland | MI | 48307 | 2014 | NAP | 22,715 | Sq. Ft. | 154 | |||||||||||||
Loan | 50 | Ortega Village- Pads | 0.4% | 31734-31736 Rancho Viejo Road | San Juan Capistrano | Orange | CA | 92675 | 1980 | NAP | 16,601 | Sq. Ft. | 210 | |||||||||||||
Loan | 51 | 691 14th Street Retail | 0.4% | 691 14th Street, Northwest | Atlanta | Fulton | GA | 30318 | 2014 | NAP | 10,857 | Sq. Ft. | 321 | |||||||||||||
Loan | 52 | Monte & Wishing Well | 0.3% | Various | Various | Various | NY | Various | Various | Various | 95 | Pads | 34,941 | |||||||||||||
Property | 52.01 | Monte Carlo MHC | 0.2% | 4294 Caledonia Avon Road | Caledonia | Livingston | NY | 14423 | 1977 | 1987 | 54 | Pads | 35,396 | |||||||||||||
Property | 52.02 | Wishing Well MHP | 0.1% | 2469 State Route 444 | Bloomfield | Ontario | NY | 14469 | 1980 | 1990 | 41 | Pads | 34,341 | |||||||||||||
Loan | 53 | Ferndale Avenue Shoppes | 0.3% | 23123-23235 Woodward Avenue | Ferndale | Oakland | MI | 48220 | 2013 | NAP | 17,218 | Sq. Ft. | 176 | |||||||||||||
Loan | 54 | Courtyard Self Storage | 0.3% | #40A & #40B Bay Road, 1, 2, & 3 East End Quarter | St. Thomas | NAP | USVI | 00802 | 2006 | NAP | 12,060 | Sq. Ft. | 249 | |||||||||||||
Loan | 55 | Bayonne MHP | 0.3% | 197 West 24th Street | Bayonne | Hudson | NJ | 07002 | 1960 | 1994 | 109 | Pads | 27,490 | |||||||||||||
Loan | 56 | Best Western Cleveland Airport | 0.3% | 16501 Snow Road | Brook Park | Cuyahoga | OH | 44142 | 1996 | 2012 | 64 | Rooms | 46,771 | |||||||||||||
Loan | 57 | Eureka Crossings | 0.2% | 15200-15300 Eureka Road | Southgate | Wayne | MI | 48195 | 1991 | NAP | 25,233 | Sq. Ft. | 93 | |||||||||||||
Loan | 58 | Family Dollar - Rose Hill (36) | 0.1% | 269 North Sycamore Street | Rose Hill | Duplin | NC | 28458 | 2014 | NAP | 8,320 | Sq. Ft. | 120 | |||||||||||||
Loan | 59 | Family Dollar - Moultrie (36) | 0.1% | 2993 West Boulevard | Moultrie | Colquitt | GA | 31768 | 2014 | NAP | 8,233 | Sq. Ft. | 113 | |||||||||||||
Loan | 60 | Family Dollar - Biscoe (36) | 0.1% | 2804 NC Highway 24-27 | Biscoe | Montgomery | NC | 27209 | 2015 | NAP | 8,320 | Sq. Ft. | 103 | |||||||||||||
Loan | 61 | Family Dollar - Rockingham (36) | 0.1% | 303 Airport Road | Rockingham | Richmond | NC | 28379 | 2014 | NAP | 8,320 | Sq. Ft. | 98 | |||||||||||||
Loan | 62 | Dollar General - De Soto (36) | 0.1% | 1003 Guthrie Street | De Soto | Dallas | IA | 50069 | 2015 | NAP | 9,100 | Sq. Ft. | 77 |
A-1-10 |
COMM 2015-LC23 | ||||||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||
% of | Second Most | Second | Second | Second | ||||||||||||||||||||
Property | Initial Pool | Prepayment Provisions | Most Recent Operating | Most Recent | Most Recent | Most Recent | Recent Operating | Most Recent | Most Recent | Most Recent | ||||||||||||||
Flag | ID | Property Name | Balance | (# of payments)(15)(16)(17) | Statements Date | EGI ($) | Expenses($) | NOI($) | Statements Date | EGI($) | Expenses($) | NOI($) | ||||||||||||
Loan | 1 | Equity Inns Portfolio (33) | 8.3% | L(25), YM1(31), O(4) | T-12 7/31/2015 | 87,351,020 | 56,731,542 | 30,619,478 | 12/31/2014 | 82,802,871 | 52,725,736 | 30,077,135 | ||||||||||||
Property | 1.01 | Homewood Suites Seattle | 1.5% | T-12 7/31/2015 | 9,695,746 | 4,733,832 | 4,961,914 | 12/31/2014 | 9,110,662 | 4,346,617 | 4,764,045 | |||||||||||||
Property | 1.02 | Homewood Suites Orlando | 0.7% | T-12 7/31/2015 | 7,994,338 | 5,765,497 | 2,228,841 | 12/31/2014 | 7,343,829 | 5,469,631 | 1,874,198 | |||||||||||||
Property | 1.03 | Courtyard Carlsbad | 0.5% | T-12 7/31/2015 | 5,576,175 | 3,734,377 | 1,841,798 | 12/31/2014 | 5,290,027 | 3,470,323 | 1,819,704 | |||||||||||||
Property | 1.04 | Courtyard Houston | 0.5% | T-12 7/31/2015 | 5,390,708 | 3,599,768 | 1,790,940 | 12/31/2014 | 5,977,581 | 3,570,607 | 2,406,973 | |||||||||||||
Property | 1.05 | Homewood Suites Stratford | 0.4% | T-12 7/31/2015 | 4,885,156 | 3,501,764 | 1,383,392 | 12/31/2014 | 3,981,884 | 2,707,196 | 1,274,688 | |||||||||||||
Property | 1.06 | Hampton Inn Urbana | 0.4% | T-12 7/31/2015 | 4,235,040 | 2,469,341 | 1,765,699 | 12/31/2014 | 4,346,857 | 2,335,303 | 2,011,554 | |||||||||||||
Property | 1.07 | Springhill Suites Asheville | 0.4% | T-12 7/31/2015 | 3,226,221 | 1,705,976 | 1,520,245 | 12/31/2014 | 2,895,310 | 1,528,871 | 1,366,439 | |||||||||||||
Property | 1.08 | Hilton Garden Inn Louisville | 0.4% | T-12 7/31/2015 | 4,050,176 | 2,482,237 | 1,567,939 | 12/31/2014 | 3,767,236 | 2,236,143 | 1,531,093 | |||||||||||||
Property | 1.09 | Hampton Inn Orlando | 0.4% | T-12 7/31/2015 | 4,963,636 | 3,428,039 | 1,535,597 | 12/31/2014 | 4,688,699 | 3,312,275 | 1,376,424 | |||||||||||||
Property | 1.10 | Hampton Inn Austin | 0.4% | T-12 7/31/2015 | 3,866,877 | 2,404,632 | 1,462,245 | 12/31/2014 | 3,550,282 | 2,231,667 | 1,318,616 | |||||||||||||
Property | 1.11 | Hampton Inn College Station | 0.4% | T-12 7/31/2015 | 4,240,816 | 2,644,965 | 1,595,851 | 12/31/2014 | 4,363,868 | 2,638,993 | 1,724,875 | |||||||||||||
Property | 1.12 | Hampton Inn Indianapolis | 0.3% | T-12 7/31/2015 | 3,718,793 | 2,430,846 | 1,287,947 | 12/31/2014 | 3,375,772 | 2,214,349 | 1,161,423 | |||||||||||||
Property | 1.13 | TownePlace Suites Savannah | 0.3% | T-12 7/31/2015 | 2,606,956 | 1,500,642 | 1,106,314 | 12/31/2014 | 2,251,693 | 1,259,578 | 992,115 | |||||||||||||
Property | 1.14 | Hampton Inn East Lansing | 0.3% | T-12 7/31/2015 | 3,176,643 | 1,934,959 | 1,241,684 | 12/31/2014 | 3,077,502 | 1,861,234 | 1,216,267 | |||||||||||||
Property | 1.15 | Hampton Inn Naperville | 0.3% | T-12 7/31/2015 | 3,472,035 | 2,345,517 | 1,126,518 | 12/31/2014 | 3,221,059 | 2,245,205 | 975,854 | |||||||||||||
Property | 1.16 | Hilton Garden Inn Rio Rancho | 0.3% | T-12 7/31/2015 | 3,295,587 | 2,316,761 | 978,826 | 12/31/2014 | 2,983,525 | 2,050,453 | 933,072 | |||||||||||||
Property | 1.17 | Courtyard Dalton | 0.2% | T-12 7/31/2015 | 2,476,550 | 1,719,253 | 757,297 | 12/31/2014 | 2,341,811 | 1,546,844 | 794,967 | |||||||||||||
Property | 1.18 | Hampton Inn Alcoa | 0.2% | T-12 7/31/2015 | 2,600,086 | 1,996,583 | 603,503 | 12/31/2014 | 2,580,652 | 1,926,109 | 654,543 | |||||||||||||
Property | 1.19 | Homewood Suites Augusta | 0.2% | T-12 7/31/2015 | 2,411,258 | 1,633,763 | 777,495 | 12/31/2014 | 2,402,709 | 1,607,550 | 795,159 | |||||||||||||
Property | 1.20 | Residence Inn Jacksonville | 0.2% | T-12 7/31/2015 | 2,321,387 | 1,634,869 | 686,518 | 12/31/2014 | 2,235,022 | 1,598,696 | 636,326 | |||||||||||||
Property | 1.21 | Hampton Inn Milford | 0.1% | T-12 7/31/2015 | 3,146,836 | 2,747,921 | 398,915 | 12/31/2014 | 3,016,890 | 2,568,090 | 448,800 | |||||||||||||
Loan | 2 | 32 Avenue of the Americas (33)(36) | 7.3% | L(25), YM1(90), O(5) | T-12 6/30/2015 | 62,077,026 | 21,472,061 | 40,604,965 | 12/31/2014 | 61,348,373 | 21,720,013 | 39,628,360 | ||||||||||||
Loan | 3 | 11 Madison Avenue (33)(34)(35) | 7.2% | L(26), D(87), O(7) | T-12 5/31/2015 | 70,265,498 | 23,876,107 | 46,389,392 | 12/31/2014 | 69,880,799 | 23,175,050 | 46,705,749 | ||||||||||||
Loan | 4 | 1209 DeKalb (35)(36) | 4.8% | L(25), D(28), O(7) | T-12 8/31/2015 | 3,574,218 | 805,389 | 2,768,829 | ||||||||||||||||
Loan | 5 | Good Samaritan Medical Tower (36) | 4.4% | L(12), YM2(103), O(5) | T-12 4/30/2015 | 5,234,036 | 1,556,725 | 3,677,311 | 12/31/2014 | 5,023,834 | 1,514,919 | 3,508,915 | ||||||||||||
Loan | 6 | Harvey Building Products Portfolio (33) | 4.4% | L(25), D(31), O(4) | ||||||||||||||||||||
Property | 6.01 | Londonderry Manufacturing | 0.8% | |||||||||||||||||||||
Property | 6.02 | Waltham Corporate | 0.4% | |||||||||||||||||||||
Property | 6.03 | Dartmouth Manufacturing | 0.4% | |||||||||||||||||||||
Property | 6.04 | Nashua | 0.2% | |||||||||||||||||||||
Property | 6.05 | West Bridgewater | 0.2% | |||||||||||||||||||||
Property | 6.06 | Woburn | 0.2% | |||||||||||||||||||||
Property | 6.07 | Manchester, NH | 0.2% | |||||||||||||||||||||
Property | 6.08 | New London | 0.1% | |||||||||||||||||||||
Property | 6.09 | East Haven | 0.1% | |||||||||||||||||||||
Property | 6.10 | Salem | 0.1% | |||||||||||||||||||||
Property | 6.11 | Bethlehem | 0.1% | |||||||||||||||||||||
Property | 6.12 | Lincoln | 0.1% | |||||||||||||||||||||
Property | 6.13 | Berlin | 0.1% | |||||||||||||||||||||
Property | 6.14 | Woburn CPD | 0.1% | |||||||||||||||||||||
Property | 6.15 | Norwalk | 0.1% | |||||||||||||||||||||
Property | 6.16 | Dartmouth | 0.1% | |||||||||||||||||||||
Property | 6.17 | Braintree | 0.1% | |||||||||||||||||||||
Property | 6.18 | Manchester, CT | 0.1% | |||||||||||||||||||||
Property | 6.19 | Portland | 0.1% | |||||||||||||||||||||
Property | 6.20 | Norwalk | 0.1% | |||||||||||||||||||||
Property | 6.21 | Warwick | 0.1% | |||||||||||||||||||||
Property | 6.22 | Fitchburg | 0.1% | |||||||||||||||||||||
Property | 6.23 | Auburn | 0.1% | |||||||||||||||||||||
Property | 6.24 | Portsmouth | 0.1% | |||||||||||||||||||||
Property | 6.25 | Southampton | 0.0% | |||||||||||||||||||||
Property | 6.26 | Hyannis | 0.0% | |||||||||||||||||||||
Property | 6.27 | Wilkes-Barre | 0.0% | |||||||||||||||||||||
Property | 6.28 | Berlin CPD | 0.0% | |||||||||||||||||||||
Property | 6.29 | Springfield | 0.0% | |||||||||||||||||||||
Property | 6.30 | White River Junction | 0.0% | |||||||||||||||||||||
Loan | 7 | Beach House Hilton Head (36) | 4.2% | L(25), D(58), D or 4%(12), D or 3%(12), D or 1%(9), O(4) | T-12 6/30/2015 | 12,599,845 | 8,095,958 | 4,503,886 | 12/31/2014 | 11,685,641 | 7,553,459 | 4,132,182 | ||||||||||||
Loan | 8 | Whitehall Hotel | 3.7% | L(25), D(91), O(4) | T-12 7/31/2015 | 10,359,193 | 6,160,208 | 4,198,985 | 12/31/2014 | 9,466,357 | 5,820,535 | 3,645,822 | ||||||||||||
Loan | 9 | 611 Cowper | 3.4% | L(26), D(90), O(4) | ||||||||||||||||||||
Loan | 10 | Springfield Mall (33) | 3.4% | L(25), D(91), O(4) | T-12 7/31/2015 | 13,153,800 | 5,571,477 | 7,582,323 | 12/31/2014 | 13,162,646 | 5,699,481 | 7,463,165 | ||||||||||||
Loan | 11 | Laguna Niguel Town Center | 2.8% | L(23), YM1(93), O(4) | T-12 7/31/2015 | 3,137,121 | 636,680 | 2,500,441 | 12/31/2014 | 3,137,242 | 663,725 | 2,473,518 | ||||||||||||
Loan | 12 | Hacienda Gardens | 2.5% | �� | L(24), YM1(92), O(4) | T-12 6/30/2015 | 1,760,916 | 874,346 | 886,570 | 12/31/2014 | 1,559,298 | 933,541 | 625,757 | |||||||||||
Loan | 13 | Washington Plaza | 2.4% | L(25), D(91), O(4) | T-12 6/30/2015 | 2,421,115 | 639,156 | 1,781,959 | 12/31/2014 | 2,386,562 | 634,201 | 1,752,361 | ||||||||||||
Loan | 14 | Carrollwood Station | 2.2% | L(26), D(31), O(3) | T-12 7/31/2015 | 3,355,819 | 1,556,668 | 1,799,151 | 12/31/2014 | 3,266,291 | 1,539,276 | 1,727,015 | ||||||||||||
Loan | 15 | Murrieta Spectrum | 2.1% | L(25), D(29), O(6) | T-12 7/31/2015 | 2,450,896 | 888,707 | 1,562,189 | 12/31/2014 | 2,253,498 | 808,273 | 1,445,224 | ||||||||||||
Loan | 16 | Westin Lake Mary | 2.1% | L(26), D(89), O(5) | T-12 8/31/2015 | 8,016,808 | 5,622,245 | 2,394,563 | 12/31/2014 | 7,519,357 | 5,330,025 | 2,189,332 |
A-1-11 |
COMM 2015-LC23 | ||||||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||
% of | Second Most | Second | Second | Second | ||||||||||||||||||||
Property | Initial Pool | Prepayment Provisions | Most Recent Operating | Most Recent | Most Recent | Most Recent | Recent Operating | Most Recent | Most Recent | Most Recent | ||||||||||||||
Flag | ID | Property Name | Balance | (# of payments)(15)(16)(17) | Statements Date | EGI ($) | Expenses($) | NOI($) | Statements Date | EGI($) | Expenses($) | NOI($) | ||||||||||||
Loan | 17 | Lake Creek Festival | 2.1% | L(25), D(91), O(4) | T-12 7/31/2015 | 2,680,040 | 904,608 | 1,775,432 | 12/31/2014 | 2,406,605 | 950,234 | 1,456,372 | ||||||||||||
Loan | 18 | Wedgewood Building | 2.0% | L(25), D(91), O(4) | ||||||||||||||||||||
Loan | 19 | Kenhorst Plaza | 1.9% | L(25), D(92), O(3) | T-12 6/30/2015 | 2,299,976 | 778,162 | 1,521,814 | 12/31/2014 | 2,210,920 | 797,126 | 1,413,794 | ||||||||||||
Loan | 20 | Addison Town Center | 1.7% | L(25), D(90), O(5) | T-12 5/31/2015 | 2,353,449 | 792,644 | 1,560,805 | 12/31/2014 | 2,433,500 | 758,599 | 1,674,901 | ||||||||||||
Loan | 21 | A&H Olympic | 1.5% | L(27), D(89), O(4) | 12/31/2014 | 2,081,322 | 611,924 | 1,469,398 | 12/31/2013 | 2,071,753 | 601,271 | 1,470,482 | ||||||||||||
Loan | 22 | Brentwood Retail Center (35) | 1.4% | L(25), D(91), O(4) | T-12 6/30/2015 | 1,297,894 | 227,028 | 1,070,866 | 12/31/2014 | 1,272,104 | 226,368 | 1,045,736 | ||||||||||||
Loan | 23 | A&H Maple Avenue | 1.4% | L(26), D(90), O(4) | 12/31/2014 | 2,097,346 | 277,895 | 1,819,451 | 12/31/2013 | 2,128,095 | 286,376 | 1,841,719 | ||||||||||||
Loan | 24 | BJs Montgomeryville | 1.2% | L(25), YM1(91), O(4) | ||||||||||||||||||||
Loan | 25 | Colerain Center | 1.2% | L(25), D(91), O(4) | T-12 3/31/2015 | 1,275,531 | 301,137 | 974,395 | 12/31/2014 | 1,288,808 | 314,952 | 973,856 | ||||||||||||
Loan | 26 | Whitewater Place | 1.2% | L(25), D(92), O(3) | T-3 8/31/2015 Ann. | 1,146,164 | 355,829 | 790,335 | ||||||||||||||||
Loan | 27 | Brown Street Centre | 1.2% | L(25), D(91), O(4) | T-12 4/30/2015 | 1,923,678 | 644,141 | 1,279,537 | 12/31/2014 | 1,910,361 | 662,293 | 1,248,068 | ||||||||||||
Loan | 28 | Biltmore Parks Apartments | 1.1% | L(25), D(91), O(4) | T-12 8/31/2015 | 2,402,953 | 1,380,011 | 1,022,942 | 12/31/2014 | 2,290,626 | 1,275,786 | 1,014,840 | ||||||||||||
Loan | 29 | Ortega Village - Retail | 1.1% | L(23), YM1(93), O(4) | T-7 7/31/2015 Ann. | 1,267,057 | 395,504 | 871,553 | 12/31/2014 | 1,156,234 | 386,846 | 769,388 | ||||||||||||
Loan | 30 | Landings Shops and Offices | 0.9% | L(25), D(91), O(4) | T-12 4/30/2015 | 1,683,953 | 567,201 | 1,116,752 | 12/31/2014 | 1,682,575 | 577,652 | 1,104,923 | ||||||||||||
Property | 30.01 | Landings Shops and Offices | 0.5% | T-12 4/30/2015 | 850,316 | 336,364 | 513,952 | 12/31/2014 | 847,286 | 336,180 | 511,106 | |||||||||||||
Property | 30.02 | Progressive Properties | 0.3% | T-12 4/30/2015 | 330,223 | 94,662 | 235,561 | 12/31/2014 | 338,161 | 99,110 | 239,051 | |||||||||||||
Property | 30.03 | Kopf Offices | 0.2% | T-12 4/30/2015 | 503,414 | 136,175 | 367,239 | 12/31/2014 | 497,128 | 142,362 | 354,766 | |||||||||||||
Loan | 31 | Terraces on Second | 0.9% | L(26), D(91), O(3) | ||||||||||||||||||||
Loan | 32 | 75 Executive Drive (36) | 0.9% | L(27), D(89), O(4) | T-12 6/30/2015 | 1,117,419 | 681,440 | 435,979 | 12/31/2014 | 876,276 | 697,300 | 178,976 | ||||||||||||
Loan | 33 | Best Buy Boca Raton | 0.8% | L(24), D(92), O(4) | 12/31/2013 | 571,344 | 571,344 | |||||||||||||||||
Loan | 34 | Somerset Apartments | 0.8% | L(25), YM1(92), O(3) | T-12 8/31/2015 | 1,565,691 | 902,394 | 663,297 | 12/31/2014 | 1,514,968 | 887,844 | 627,124 | ||||||||||||
Loan | 35 | Walgreens VA Beach | 0.8% | L(25), D(91), O(4) | ||||||||||||||||||||
Loan | 36 | Holiday Inn Express & Suites Rockport | 0.8% | L(25), D(92), O(3) | T-12 7/31/2015 | 2,302,052 | 1,310,412 | 991,640 | 12/31/2014 | 2,222,461 | 1,234,423 | 988,038 | ||||||||||||
Loan | 37 | Commons at Pembroke | 0.7% | L(25), D(91), O(4) | T-12 7/31/2015 | 1,590,611 | 923,155 | 667,456 | 12/31/2014 | 1,464,077 | 901,826 | 562,251 | ||||||||||||
Loan | 38 | Monument Creek (36) | 0.7% | L(25), D(91), O(4) | T-12 7/1/2015 | 738,655 | 212,177 | 526,478 | 12/31/2014 | 719,911 | 206,604 | 513,307 | ||||||||||||
Loan | 39 | High Country Plaza | 0.7% | L(23), YM1(93), O(4) | T-12 7/31/2015 | 761,536 | 200,375 | 561,161 | 12/31/2014 | 757,983 | 212,977 | 545,006 | ||||||||||||
Loan | 40 | Williamsburg Center | 0.7% | L(25), D(91), O(4) | T-12 6/30/2015 | 1,264,258 | 416,446 | 847,812 | 12/31/2014 | 1,290,718 | 416,068 | 874,650 | ||||||||||||
Property | 40.01 | 1734 Corporate Crossing | 0.2% | T-12 6/30/2015 | 200,073 | 69,634 | 130,439 | 12/31/2014 | 198,849 | 69,930 | 128,918 | |||||||||||||
Property | 40.02 | 1728 Corporate Crossing | 0.2% | T-12 6/30/2015 | 188,554 | 49,945 | 138,609 | 12/31/2014 | 188,228 | 53,066 | 135,162 | |||||||||||||
Property | 40.03 | 1722 Corporate Crossing | 0.1% | T-12 6/30/2015 | 168,692 | 51,881 | 116,811 | 12/31/2014 | 162,059 | 50,212 | 111,847 | |||||||||||||
Property | 40.04 | 1035 East Gate Drive | 0.1% | T-12 6/30/2015 | 218,628 | 58,825 | 159,803 | 12/31/2014 | 255,500 | 56,064 | 199,436 | |||||||||||||
Property | 40.05 | 735 Seibert Road | 0.1% | T-12 6/30/2015 | 164,788 | 72,403 | 92,385 | 12/31/2014 | 164,540 | 74,026 | 90,514 | |||||||||||||
Property | 40.06 | 703 Seibert Road | 0.0% | T-12 6/30/2015 | 183,902 | 54,422 | 129,480 | 12/31/2014 | 180,050 | 51,414 | 128,636 | |||||||||||||
Property | 40.07 | 723 Seibert Road | 0.0% | T-12 6/30/2015 | 139,622 | 59,337 | 80,285 | 12/31/2014 | 141,492 | 61,357 | 80,135 | |||||||||||||
Loan | 41 | Shops at Cardiff Ranch | 0.7% | L(26), D(91), O(3) | ||||||||||||||||||||
Loan | 42 | Cobblestone Court II | 0.5% | L(25), D(91), O(4) | YTD 6/30/2015 | 843,526 | 308,884 | 534,642 | 12/31/2014 | 850,509 | 300,745 | 549,764 | ||||||||||||
Loan | 43 | Hampton Inn & Suites – Portland | 0.5% | L(25), D(92), O(3) | T-12 7/31/2015 | 2,160,732 | 1,238,457 | 922,275 | 12/31/2014 | 1,938,101 | 1,131,086 | 807,015 | ||||||||||||
Loan | 44 | 40 Wall Street (33) | 0.5% | L(28), D(88), O(4) | T-12 3/31/2015 | 29,157,396 | 18,863,645 | 10,293,751 | 12/31/2014 | 29,603,829 | 18,918,523 | 10,685,306 | ||||||||||||
Loan | 45 | Palisades of Bridgeport | 0.5% | L(25), D(91), O(4) | T-12 6/30/2015 | 840,307 | 385,359 | 454,948 | 12/31/2014 | 833,636 | 390,033 | 443,603 | ||||||||||||
Loan | 46 | Walgreens Frisco TX | 0.4% | L(26), D(90), O(4) | T-12 6/30/2015 | 364,000 | 16,057 | 347,943 | 12/31/2014 | 364,000 | 15,592 | 348,408 | ||||||||||||
Loan | 47 | Walgreens-Goodwill Missouri TX | 0.4% | L(26), D(90), O(4) | ||||||||||||||||||||
Loan | 48 | Warsaw Village | 0.4% | L(26), D(30), O(4) | T-12 6/30/2015 | 412,151 | 79,881 | 332,270 | 12/31/2014 | 434,697 | 91,590 | 343,107 | ||||||||||||
Loan | 49 | Walton Shoppes | 0.4% | L(24), YM1(92), O(4) | T-12 6/30/2015 | 346,748 | 153,788 | 192,960 | ||||||||||||||||
Loan | 50 | Ortega Village- Pads | 0.4% | L(23), YM1(93), O(4) | T-12 7/31/2015 | 416,854 | 136,817 | 280,037 | 12/31/2014 | 428,445 | 140,309 | 288,136 | ||||||||||||
Loan | 51 | 691 14th Street Retail | 0.4% | L(27), D(90), O(3) | ||||||||||||||||||||
Loan | 52 | Monte & Wishing Well | 0.3% | L(25), D(91), O(4) | Various | 626,049 | 247,549 | 378,500 | 12/31/2014 | 620,808 | 257,762 | 363,046 | ||||||||||||
Property | 52.01 | Monte Carlo MHC | 0.2% | T-12 4/30/15 | 388,896 | 142,544 | 246,352 | 12/31/2014 | 385,072 | 151,686 | 233,386 | |||||||||||||
Property | 52.02 | Wishing Well MHP | 0.1% | T-12 3/31/15 | 237,153 | 105,005 | 132,148 | 12/31/2014 | 235,736 | 106,076 | 129,660 | |||||||||||||
Loan | 53 | Ferndale Avenue Shoppes | 0.3% | L(24), YM1(92), O(4) | T-12 6/30/2015 | 357,078 | 127,507 | 229,570 | ||||||||||||||||
Loan | 54 | Courtyard Self Storage | 0.3% | L(25), D(92), O(3) | T-12 7/31/2015 | 476,496 | 145,291 | 331,205 | 12/31/2014 | 493,550 | 150,396 | 343,154 | ||||||||||||
Loan | 55 | Bayonne MHP | 0.3% | L(25), D(92), O(3) | T-12 6/30/2015 | 732,718 | 396,963 | 335,755 | 12/31/2014 | 695,780 | 403,791 | 291,988 | ||||||||||||
Loan | 56 | Best Western Cleveland Airport | 0.3% | L(25), D(91), O(4) | T-12 7/31/15 | 1,320,127 | 842,577 | 477,551 | 12/31/2014 | 1,296,651 | 870,607 | 426,044 | ||||||||||||
Loan | 57 | Eureka Crossings | 0.2% | L(24), YM1(92), O(4) | T-12 6/30/2015 | 508,113 | 163,836 | 344,278 | 12/31/2014 | 521,033 | 163,523 | 357,510 | ||||||||||||
Loan | 58 | Family Dollar - Rose Hill (36) | 0.1% | YM(25), DorYM(88), O(7) | ||||||||||||||||||||
Loan | 59 | Family Dollar - Moultrie (36) | 0.1% | YM(25), DorYM(88), O(7) | ||||||||||||||||||||
Loan | 60 | Family Dollar - Biscoe (36) | 0.1% | YM(25), DorYM(88), O(7) | ||||||||||||||||||||
Loan | 61 | Family Dollar - Rockingham (36) | 0.1% | YM(25), DorYM(88), O(7) | ||||||||||||||||||||
Loan | 62 | Dollar General - De Soto (36) | 0.1% | YM(25), DorYM(88), O(7) |
A-1-12 |
COMM 2015-LC23 | ||||||||||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||||
% of | Third Most | Third | Third | Third | ||||||||||||||||||||||||
Property | Initial Pool | Recent Operating | Most Recent | Most Recent | Most Recent | Underwritten NOI | Underwritten NCF | Underwritten | Underwritten | Underwritten | Underwritten | Underwritten | ||||||||||||||||
Flag | ID | Property Name | Balance | Statements Date | EGI($) | Expenses($) | NOI($) | Debt Yield (11)(12) | Debt Yield (11)(12) | Revenue($) | EGI($) | Expenses($) | NOI ($) | Reserves($) | ||||||||||||||
Loan | 1 | Equity Inns Portfolio (33) | 8.3% | 12/31/2013 | 78,328,375 | 50,981,127 | 27,347,248 | 13.3% | 11.8% | 84,440,306 | 87,351,020 | 56,459,731 | 30,891,289 | 3,494,041 | ||||||||||||||
Property | 1.01 | Homewood Suites Seattle | 1.5% | 12/31/2013 | 7,953,044 | 4,027,501 | 3,925,543 | 9,372,913 | 9,695,746 | 4,733,449 | 4,962,297 | 387,830 | ||||||||||||||||
Property | 1.02 | Homewood Suites Orlando | 0.7% | 12/31/2013 | 7,623,501 | 5,544,041 | 2,079,460 | 7,764,666 | 7,994,338 | 5,761,809 | 2,232,529 | 319,774 | ||||||||||||||||
Property | 1.03 | Courtyard Carlsbad | 0.5% | 12/31/2013 | 4,878,776 | 3,322,802 | 1,555,974 | 5,098,077 | 5,576,175 | 3,743,775 | 1,832,400 | 223,047 | ||||||||||||||||
Property | 1.04 | Courtyard Houston | 0.5% | 12/31/2013 | 6,005,150 | 3,671,066 | 2,334,083 | 4,835,726 | 5,390,708 | 3,515,072 | 1,875,636 | 215,628 | ||||||||||||||||
Property | 1.05 | Homewood Suites Stratford | 0.4% | 12/31/2013 | 4,870,147 | 3,513,462 | 1,356,685 | 4,758,339 | 4,885,156 | 3,471,649 | 1,413,507 | 195,406 | ||||||||||||||||
Property | 1.06 | Hampton Inn Urbana | 0.4% | 12/31/2013 | 4,199,219 | 2,298,203 | 1,901,016 | 4,184,929 | 4,235,040 | 2,472,946 | 1,762,094 | 169,402 | ||||||||||||||||
Property | 1.07 | Springhill Suites Asheville | 0.4% | 12/31/2013 | 2,742,070 | 1,483,884 | 1,258,186 | 3,187,361 | 3,226,221 | 1,703,774 | 1,522,447 | 129,049 | ||||||||||||||||
Property | 1.08 | Hilton Garden Inn Louisville | 0.4% | 12/31/2013 | 3,318,817 | 1,975,294 | 1,343,523 | 3,805,606 | 4,050,176 | 2,447,349 | 1,602,827 | 162,007 | ||||||||||||||||
Property | 1.09 | Hampton Inn Orlando | 0.4% | 12/31/2013 | 4,173,205 | 3,010,211 | 1,162,993 | 4,880,548 | 4,963,636 | 3,429,795 | 1,533,841 | 198,545 | ||||||||||||||||
Property | 1.10 | Hampton Inn Austin | 0.4% | 12/31/2013 | 3,349,149 | 2,132,939 | 1,216,210 | 3,843,408 | 3,866,877 | 2,362,967 | 1,503,910 | 154,675 | ||||||||||||||||
Property | 1.11 | Hampton Inn College Station | 0.4% | 12/31/2013 | 3,750,664 | 2,360,530 | 1,390,133 | 4,223,801 | 4,240,816 | 2,640,560 | 1,600,256 | 169,633 | ||||||||||||||||
Property | 1.12 | Hampton Inn Indianapolis | 0.3% | 12/31/2013 | 2,819,186 | 2,011,012 | 808,174 | 3,686,201 | 3,718,793 | 2,442,585 | 1,276,208 | 148,752 | ||||||||||||||||
Property | 1.13 | TownePlace Suites Savannah | 0.3% | 12/31/2013 | 1,878,363 | 1,162,564 | 715,800 | 2,553,485 | 2,606,956 | 1,473,976 | 1,132,980 | 104,278 | ||||||||||||||||
Property | 1.14 | Hampton Inn East Lansing | 0.3% | 12/31/2013 | 2,985,229 | 1,784,784 | 1,200,445 | 3,167,128 | 3,176,643 | 1,921,391 | 1,255,252 | 127,066 | ||||||||||||||||
Property | 1.15 | Hampton Inn Naperville | 0.3% | 12/31/2013 | 3,004,217 | 2,010,965 | 993,252 | 3,421,514 | 3,472,035 | 2,343,387 | 1,128,648 | 138,881 | ||||||||||||||||
Property | 1.16 | Hilton Garden Inn Rio Rancho | 0.3% | 12/31/2013 | 2,843,844 | 1,950,114 | 893,730 | 3,094,105 | 3,295,587 | 2,307,529 | 988,058 | 131,823 | ||||||||||||||||
Property | 1.17 | Courtyard Dalton | 0.2% | 12/31/2013 | 2,219,835 | 1,469,140 | 750,696 | 2,259,460 | 2,476,550 | 1,715,951 | 760,599 | 99,062 | ||||||||||||||||
Property | 1.18 | Hampton Inn Alcoa | 0.2% | 12/31/2013 | 2,582,379 | 1,825,293 | 757,087 | 2,544,861 | 2,600,086 | 1,972,560 | 627,526 | 104,003 | ||||||||||||||||
Property | 1.19 | Homewood Suites Augusta | 0.2% | 12/31/2013 | 2,175,403 | 1,502,680 | 672,724 | 2,377,125 | 2,411,258 | 1,631,000 | 780,258 | 96,450 | ||||||||||||||||
Property | 1.20 | Residence Inn Jacksonville | 0.2% | 12/31/2013 | 1,978,909 | 1,466,475 | 512,435 | 2,262,669 | 2,321,387 | 1,623,719 | 697,668 | 92,855 | ||||||||||||||||
Property | 1.21 | Hampton Inn Milford | 0.1% | 12/31/2013 | 2,977,267 | 2,458,167 | 519,099 | 3,118,384 | 3,146,836 | 2,744,487 | 402,349 | 125,873 | ||||||||||||||||
Loan | 2 | 32 Avenue of the Americas (33)(36) | 7.3% | 12/31/2013 | 63,975,291 | 21,551,233 | 42,424,058 | 9.8% | 9.2% | 60,250,530 | 64,113,840 | 22,373,187 | 41,740,653 | 232,610 | ||||||||||||||
Loan | 3 | 11 Madison Avenue (33)(34)(35) | 7.2% | 12/31/2013 | 69,947,780 | 22,896,733 | 47,051,047 | 14.3% | 14.1% | 154,647,005 | 163,039,756 | 53,546,158 | 109,493,598 | 457,009 | ||||||||||||||
Loan | 4 | 1209 DeKalb (35)(36) | 4.8% | 7.1% | 7.1% | 4,111,434 | 4,060,279 | 783,617 | 3,276,662 | 25,400 | ||||||||||||||||||
Loan | 5 | Good Samaritan Medical Tower (36) | 4.4% | 12/31/2013 | 5,062,069 | 1,423,760 | 3,638,309 | 9.7% | 9.0% | 5,321,396 | 5,747,318 | 1,590,546 | 4,156,772 | 36,589 | ||||||||||||||
Loan | 6 | Harvey Building Products Portfolio (33) | 4.4% | 12.8% | 12.5% | 14,947,405 | 14,531,091 | 435,933 | 14,095,158 | 411,326 | ||||||||||||||||||
Property | 6.01 | Londonderry Manufacturing | 0.8% | 2,900,183 | 2,797,302 | 83,919 | 2,713,383 | 56,444 | ||||||||||||||||||||
Property | 6.02 | Waltham Corporate | 0.4% | 1,675,520 | 1,599,127 | 47,974 | 1,551,153 | 14,688 | ||||||||||||||||||||
Property | 6.03 | Dartmouth Manufacturing | 0.4% | 1,293,815 | 1,279,735 | 38,392 | 1,241,343 | 58,810 | ||||||||||||||||||||
Property | 6.04 | Nashua | 0.2% | 688,017 | 666,779 | 20,003 | 646,775 | 16,739 | ||||||||||||||||||||
Property | 6.05 | West Bridgewater | 0.2% | 574,749 | 566,988 | 17,010 | 549,978 | 24,533 | ||||||||||||||||||||
Property | 6.06 | Woburn | 0.2% | 538,707 | 520,471 | 15,614 | 504,857 | 11,408 | ||||||||||||||||||||
Property | 6.07 | Manchester, NH | 0.2% | 523,103 | 515,797 | 15,474 | 500,323 | 22,072 | ||||||||||||||||||||
Property | 6.08 | New London | 0.1% | 479,719 | 463,893 | 13,917 | 449,977 | 10,596 | ||||||||||||||||||||
Property | 6.09 | East Haven | 0.1% | 456,652 | 441,991 | 13,260 | 428,731 | 10,513 | ||||||||||||||||||||
Property | 6.10 | Salem | 0.1% | 397,081 | 393,882 | 11,816 | 382,065 | 19,234 | ||||||||||||||||||||
Property | 6.11 | Bethlehem | 0.1% | 398,574 | 394,584 | 11,838 | 382,746 | 18,484 | ||||||||||||||||||||
Property | 6.12 | Lincoln | 0.1% | 429,234 | 425,842 | 12,775 | 413,067 | 20,862 | ||||||||||||||||||||
Property | 6.13 | Berlin | 0.1% | 430,983 | 419,361 | 12,581 | 406,780 | 12,263 | ||||||||||||||||||||
Property | 6.14 | Woburn CPD | 0.1% | 460,460 | 449,791 | 13,494 | 436,298 | 14,950 | ||||||||||||||||||||
Property | 6.15 | Norwalk | 0.1% | 398,297 | 382,543 | 11,476 | 371,067 | 6,035 | ||||||||||||||||||||
Property | 6.16 | Dartmouth | 0.1% | 353,104 | 343,034 | 10,291 | 332,743 | 9,468 | ||||||||||||||||||||
Property | 6.17 | Braintree | 0.1% | 268,381 | 261,921 | 7,858 | 254,064 | 8,458 | ||||||||||||||||||||
Property | 6.18 | Manchester, CT | 0.1% | 293,812 | 289,145 | 8,674 | 280,471 | 11,802 | ||||||||||||||||||||
Property | 6.19 | Portland | 0.1% | 281,254 | 273,386 | 8,202 | 265,184 | 7,703 | ||||||||||||||||||||
Property | 6.20 | Norwalk | 0.1% | 319,440 | 306,484 | 9,195 | 297,289 | 4,500 | ||||||||||||||||||||
Property | 6.21 | Warwick | 0.1% | 254,241 | 248,847 | 7,465 | 241,382 | 8,780 | ||||||||||||||||||||
Property | 6.22 | Fitchburg | 0.1% | 216,882 | 210,791 | 6,324 | 204,467 | 5,915 | ||||||||||||||||||||
Property | 6.23 | Auburn | 0.1% | 210,357 | 204,291 | 6,129 | 198,163 | 5,570 | ||||||||||||||||||||
Property | 6.24 | Portsmouth | 0.1% | 203,621 | 197,115 | 5,913 | 191,201 | 4,721 | ||||||||||||||||||||
Property | 6.25 | Southampton | 0.0% | 170,268 | 166,261 | 4,988 | 161,274 | 5,463 | ||||||||||||||||||||
Property | 6.26 | Hyannis | 0.0% | 157,386 | 152,321 | 4,570 | 147,751 | 3,611 | ||||||||||||||||||||
Property | 6.27 | Wilkes-Barre | 0.0% | 171,985 | 167,287 | 5,019 | 162,268 | 4,830 | ||||||||||||||||||||
Property | 6.28 | Berlin CPD | 0.0% | 138,686 | 135,209 | 4,056 | 131,153 | 4,224 | ||||||||||||||||||||
Property | 6.29 | Springfield | 0.0% | 153,350 | 151,321 | 4,540 | 146,782 | 6,590 | ||||||||||||||||||||
Property | 6.30 | White River Junction | 0.0% | 109,545 | 105,591 | 3,168 | 102,423 | 2,060 | ||||||||||||||||||||
Loan | 7 | Beach House Hilton Head (36) | 4.2% | 12/31/2013 | 9,595,781 | 6,112,423 | 3,483,358 | 11.3% | 10.1% | 7,904,244 | 12,599,845 | 8,066,820 | 4,533,024 | 504,006 | ||||||||||||||
Loan | 8 | Whitehall Hotel | 3.7% | 12/31/2013 | 9,676,912 | 7,140,262 | 2,536,649 | 11.7% | 10.6% | 9,723,680 | 10,335,152 | 6,115,924 | 4,219,228 | 413,406 | ||||||||||||||
Loan | 9 | 611 Cowper | 3.4% | 10.1% | 9.6% | 3,472,140 | 4,308,094 | 991,468 | 3,316,626 | 6,000 | ||||||||||||||||||
Loan | 10 | Springfield Mall (33) | 3.4% | 12/31/2013 | 12,758,515 | 5,575,147 | 7,183,368 | 11.1% | 10.7% | 7,014,409 | 12,822,044 | 5,621,685 | 7,200,359 | 44,636 | ||||||||||||||
Loan | 11 | Laguna Niguel Town Center | 2.8% | 12/31/2013 | 2,999,446 | 686,098 | 2,313,348 | 8.8% | 8.4% | 2,580,048 | 3,150,431 | 834,862 | 2,315,569 | 19,631 | ||||||||||||||
Loan | 12 | Hacienda Gardens | 2.5% | 12/31/2013 | 1,171,364 | 613,087 | 558,276 | 8.6% | 8.3% | 2,698,601 | 3,066,348 | 1,000,213 | 2,066,134 | 22,120 | ||||||||||||||
Loan | 13 | Washington Plaza | 2.4% | 12/31/2013 | 2,343,077 | 656,353 | 1,686,724 | 8.0% | 7.7% | 2,163,483 | 2,613,118 | 785,627 | 1,827,491 | 20,702 | ||||||||||||||
Loan | 14 | Carrollwood Station | 2.2% | 12/31/2013 | 3,147,292 | 1,553,187 | 1,594,105 | 8.6% | 8.3% | 3,317,232 | 3,400,213 | 1,540,749 | 1,859,464 | 84,000 | ||||||||||||||
Loan | 15 | Murrieta Spectrum | 2.1% | 12/31/2013 | 2,342,893 | 845,588 | 1,497,305 | 8.9% | 8.4% | 2,503,706 | 2,747,661 | 904,993 | 1,842,668 | 34,505 | ||||||||||||||
Loan | 16 | Westin Lake Mary | 2.1% | 12/31/2013 | 6,487,583 | 4,641,507 | 1,846,076 | 11.9% | 10.3% | 7,293,566 | 8,016,808 | 5,636,525 | 2,380,283 | 320,672 |
A-1-13 |
COMM 2015-LC23 | ||||||||||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||||
% of | Third Most | Third | Third | Third | ||||||||||||||||||||||||
Property | Initial Pool | Recent Operating | Most Recent | Most Recent | Most Recent | Underwritten NOI | Underwritten NCF | Underwritten | Underwritten | Underwritten | Underwritten | Underwritten | ||||||||||||||||
Flag | ID | Property Name | Balance | Statements Date | EGI($) | Expenses($) | NOI($) | Debt Yield (11)(12) | Debt Yield (11)(12) | Revenue($) | EGI($) | Expenses($) | NOI ($) | Reserves($) | ||||||||||||||
Loan | 17 | Lake Creek Festival | 2.1% | 12/31/2013 | 3,554,318 | 1,087,024 | 2,467,294 | 11.2% | 10.0% | 2,583,585 | 3,287,826 | 1,071,085 | 2,216,741 | 57,091 | ||||||||||||||
Loan | 18 | Wedgewood Building | 2.0% | 8.5% | 8.0% | 2,363,951 | 2,349,679 | 740,267 | 1,609,412 | 13,200 | ||||||||||||||||||
Loan | 19 | Kenhorst Plaza | 1.9% | 12/31/2013 | 2,083,105 | 700,186 | 1,382,919 | 8.7% | 8.2% | 1,826,859 | 2,415,120 | 826,861 | 1,588,259 | 30,671 | ||||||||||||||
Loan | 20 | Addison Town Center | 1.7% | 12/31/2013 | 2,499,694 | 814,118 | 1,685,576 | 9.8% | 8.9% | 2,265,759 | 2,453,890 | 862,124 | 1,591,766 | 27,941 | ||||||||||||||
Loan | 21 | A&H Olympic | 1.5% | 12/31/2012 | 2,061,989 | 615,548 | 1,446,441 | 10.4% | 9.7% | 2,198,496 | 2,103,475 | 624,665 | 1,478,811 | 22,097 | ||||||||||||||
Loan | 22 | Brentwood Retail Center (35) | 1.4% | 12/31/2013 | 1,049,210 | 204,473 | 844,737 | 8.2% | 8.0% | 1,160,430 | 1,414,525 | 328,544 | 1,085,981 | 1,577 | ||||||||||||||
Loan | 23 | A&H Maple Avenue | 1.4% | 12/31/2012 | 2,061,049 | 273,765 | 1,787,284 | 13.5% | 13.2% | 2,166,838 | 2,063,193 | 314,530 | 1,748,663 | 4,788 | ||||||||||||||
Loan | 24 | BJs Montgomeryville | 1.2% | 8.3% | 8.3% | 1,055,808 | 1,013,576 | 20,272 | 993,304 | |||||||||||||||||||
Loan | 25 | Colerain Center | 1.2% | 12/31/2013 | 1,263,356 | 293,615 | 969,742 | 9.2% | 8.5% | 1,154,040 | 1,617,633 | 553,408 | 1,064,224 | 16,921 | ||||||||||||||
Loan | 26 | Whitewater Place | 1.2% | 9.5% | 9.4% | 1,612,920 | 1,618,337 | 521,434 | 1,096,903 | 22,250 | ||||||||||||||||||
Loan | 27 | Brown Street Centre | 1.2% | 12/31/2013 | 1,847,730 | 655,591 | 1,192,139 | 11.1% | 9.9% | 1,870,666 | 1,932,188 | 676,879 | 1,255,309 | 10,457 | ||||||||||||||
Loan | 28 | Biltmore Parks Apartments | 1.1% | 12/31/2013 | 2,165,483 | 1,169,660 | 995,823 | 9.7% | 9.0% | 2,466,276 | 2,421,907 | 1,350,767 | 1,071,140 | 85,449 | ||||||||||||||
Loan | 29 | Ortega Village - Retail | 1.1% | 12/31/2013 | 1,141,656 | 379,269 | 762,387 | 8.2% | 8.1% | 887,477 | 1,279,830 | 407,895 | 871,935 | 14,495 | ||||||||||||||
Loan | 30 | Landings Shops and Offices | 0.9% | 12/31/2013 | 1,634,622 | 562,063 | 1,072,559 | 9.4% | 8.4% | 1,521,384 | 1,380,688 | 541,682 | 839,006 | 20,692 | ||||||||||||||
Property | 30.01 | Landings Shops and Offices | 0.5% | 12/31/2013 | 831,583 | 328,281 | 503,302 | 952,084 | 754,660 | 323,454 | 431,207 | 14,213 | ||||||||||||||||
Property | 30.02 | Progressive Properties | 0.3% | 12/31/2013 | 319,109 | 100,229 | 218,881 | 242,000 | 315,093 | 94,761 | 220,331 | 2,477 | ||||||||||||||||
Property | 30.03 | Kopf Offices | 0.2% | 12/31/2013 | 483,930 | 133,553 | 350,376 | 327,300 | 310,935 | 123,467 | 187,468 | 4,002 | ||||||||||||||||
Loan | 31 | Terraces on Second | 0.9% | 8.0% | 7.8% | 1,047,360 | 1,073,992 | 390,273 | 683,719 | 11,000 | ||||||||||||||||||
Loan | 32 | 75 Executive Drive (36) | 0.9% | 12/31/2013 | 1,011,544 | 655,987 | 355,557 | 9.8% | 8.9% | 1,663,222 | 1,487,040 | 688,424 | 798,615 | 21,417 | ||||||||||||||
Loan | 33 | Best Buy Boca Raton | 0.8% | 8.8% | 8.5% | 714,180 | 678,471 | 13,569 | 664,902 | 5,800 | ||||||||||||||||||
Loan | 34 | Somerset Apartments | 0.8% | 12/31/2013 | 1,477,806 | 820,464 | 657,342 | 8.9% | 8.3% | 1,686,204 | 1,586,590 | 917,722 | 668,868 | 49,728 | ||||||||||||||
Loan | 35 | Walgreens VA Beach | 0.8% | 8.5% | 8.5% | 645,000 | 687,629 | 61,982 | 625,647 | 1,420 | ||||||||||||||||||
Loan | 36 | Holiday Inn Express & Suites Rockport | 0.8% | 12/31/2013 | 2,044,801 | 1,142,307 | 902,494 | 13.7% | 12.5% | 2,279,978 | 2,302,052 | 1,295,362 | 1,006,690 | 92,082 | ||||||||||||||
Loan | 37 | Commons at Pembroke | 0.7% | 12/31/2013 | 1,431,490 | 861,185 | 570,305 | 9.2% | 8.5% | 1,710,444 | 1,590,611 | 926,347 | 664,265 | 50,400 | ||||||||||||||
Loan | 38 | Monument Creek (36) | 0.7% | 12/31/2013 | 702,510 | 196,148 | 506,362 | 8.4% | 8.3% | 768,660 | 751,976 | 196,123 | 555,853 | 6,850 | ||||||||||||||
Loan | 39 | High Country Plaza | 0.7% | 12/31/2013 | 727,609 | 186,917 | 540,692 | 8.4% | 7.9% | 583,809 | 778,228 | 232,169 | 546,060 | 5,225 | ||||||||||||||
Loan | 40 | Williamsburg Center | 0.7% | 12/31/2013 | 1,294,972 | 406,844 | 888,128 | 13.2% | 11.8% | 1,386,164 | 1,230,712 | 390,578 | 840,134 | 24,205 | ||||||||||||||
Property | 40.01 | 1734 Corporate Crossing | 0.2% | 12/31/2013 | 196,400 | 70,280 | 126,121 | 236,257 | 227,921 | 67,817 | 160,104 | 2,904 | ||||||||||||||||
Property | 40.02 | 1728 Corporate Crossing | 0.2% | 12/31/2013 | 185,901 | 47,230 | 138,671 | 189,435 | 168,597 | 46,043 | 122,554 | 2,904 | ||||||||||||||||
Property | 40.03 | 1722 Corporate Crossing | 0.1% | 12/31/2013 | 151,607 | 52,494 | 99,113 | 177,665 | 161,914 | 49,388 | 112,526 | 2,904 | ||||||||||||||||
Property | 40.04 | 1035 East Gate Drive | 0.1% | 12/31/2013 | 255,500 | 56,227 | 199,273 | 244,090 | 217,240 | 50,877 | 166,363 | 3,066 | ||||||||||||||||
Property | 40.05 | 735 Seibert Road | 0.1% | 12/31/2013 | 177,617 | 70,507 | 107,110 | 178,217 | 163,706 | 68,984 | 94,722 | 4,151 | ||||||||||||||||
Property | 40.06 | 703 Seibert Road | 0.0% | 12/31/2013 | 178,400 | 50,224 | 128,176 | 175,340 | 119,612 | 48,682 | 70,930 | 4,133 | ||||||||||||||||
Property | 40.07 | 723 Seibert Road | 0.0% | 12/31/2013 | 149,547 | 59,881 | 89,666 | 185,160 | 171,721 | 58,787 | 112,934 | 4,144 | ||||||||||||||||
Loan | 41 | Shops at Cardiff Ranch | 0.7% | 10.3% | 9.9% | 700,125 | 870,629 | 216,326 | 654,302 | 6,063 | ||||||||||||||||||
Loan | 42 | Cobblestone Court II | 0.5% | 12/31/2013 | 839,417 | 286,784 | 552,633 | 8.8% | 8.4% | 863,484 | 833,780 | 375,766 | 458,013 | 20,640 | ||||||||||||||
Loan | 43 | Hampton Inn & Suites – Portland | 0.5% | 12/31/2013 | 1,722,730 | 992,130 | 730,600 | 18.4% | 16.7% | 2,133,092 | 2,160,732 | 1,241,134 | 919,598 | 86,429 | ||||||||||||||
Loan | 44 | 40 Wall Street (33) | 0.5% | 12/31/2013 | 32,979,857 | 18,225,522 | 14,754,335 | 14.2% | 13.1% | 41,999,727 | 43,165,470 | 20,600,765 | 22,564,706 | 291,302 | ||||||||||||||
Loan | 45 | Palisades of Bridgeport | 0.5% | 12/31/2013 | 767,530 | 375,638 | 391,892 | 9.6% | 8.8% | 896,085 | 854,711 | 415,274 | 439,437 | 33,483 | ||||||||||||||
Loan | 46 | Walgreens Frisco TX | 0.4% | 12/31/2013 | 364,000 | 15,463 | 348,537 | 9.1% | 9.1% | 364,000 | 364,000 | 364,000 | ||||||||||||||||
Loan | 47 | Walgreens-Goodwill Missouri TX | 0.4% | 9.3% | 9.3% | 369,000 | 369,000 | 369,000 | ||||||||||||||||||||
Loan | 48 | Warsaw Village | 0.4% | 12/31/2013 | 440,613 | 88,611 | 352,001 | 10.0% | 8.8% | 418,930 | 446,846 | 88,030 | 358,816 | 12,020 | ||||||||||||||
Loan | 49 | Walton Shoppes | 0.4% | 10.6% | 9.6% | 551,075 | 527,321 | 156,748 | 370,573 | 3,407 | ||||||||||||||||||
Loan | 50 | Ortega Village- Pads | 0.4% | 12/31/2013 | 404,402 | 137,883 | 266,519 | 8.3% | 8.1% | 484,124 | 441,454 | 150,307 | 291,147 | 6,806 | ||||||||||||||
Loan | 51 | 691 14th Street Retail | 0.4% | 10.0% | 9.6% | 370,938 | 445,905 | 96,489 | 349,415 | 2,171 | ||||||||||||||||||
Loan | 52 | Monte & Wishing Well | 0.3% | 12/31/2013 | 568,212 | 253,373 | 314,839 | 10.9% | 10.7% | 481,320 | 619,220 | 258,993 | 360,227 | 5,550 | ||||||||||||||
Property | 52.01 | Monte Carlo MHC | 0.2% | 12/31/2013 | 345,150 | 149,704 | 195,446 | 289,440 | 374,466 | 150,072 | 224,394 | 3,500 | ||||||||||||||||
Property | 52.02 | Wishing Well MHP | 0.1% | 12/31/2013 | 223,062 | 103,669 | 119,393 | 191,880 | 244,754 | 108,921 | 135,833 | 2,050 | ||||||||||||||||
Loan | 53 | Ferndale Avenue Shoppes | 0.3% | 11.4% | 10.4% | 425,468 | 474,922 | 130,358 | 344,564 | 2,583 | ||||||||||||||||||
Loan | 54 | Courtyard Self Storage | 0.3% | 12/31/2013 | 448,502 | 155,082 | 293,420 | 10.4% | 10.2% | 472,187 | 476,179 | 164,238 | 311,940 | 5,328 | ||||||||||||||
Loan | 55 | Bayonne MHP | 0.3% | 12/31/2013 | 728,965 | 408,851 | 320,115 | 10.7% | 10.4% | 809,556 | 728,601 | 409,454 | 319,147 | 6,250 | ||||||||||||||
Loan | 56 | Best Western Cleveland Airport | 0.3% | 12/31/2013 | 1,184,037 | 848,238 | 335,799 | 14.1% | 12.4% | 1,305,463 | 1,320,127 | 897,481 | 422,646 | 52,805 | ||||||||||||||
Loan | 57 | Eureka Crossings | 0.2% | 12/31/2013 | 403,934 | 180,993 | 222,941 | 12.4% | 11.0% | 359,931 | 464,841 | 174,800 | 290,040 | 3,785 | ||||||||||||||
Loan | 58 | Family Dollar - Rose Hill (36) | 0.1% | 8.7% | 8.6% | 93,039 | 89,573 | 2,687 | 86,886 | 1,248 | ||||||||||||||||||
Loan | 59 | Family Dollar - Moultrie (36) | 0.1% | 8.6% | 8.4% | 85,486 | 82,385 | 3,022 | 79,364 | 1,235 | ||||||||||||||||||
Loan | 60 | Family Dollar - Biscoe (36) | 0.1% | 8.7% | 8.6% | 79,670 | 76,872 | 2,306 | 74,566 | 1,248 | ||||||||||||||||||
Loan | 61 | Family Dollar - Rockingham (36) | 0.1% | 8.7% | 8.5% | 75,822 | 73,216 | 2,196 | 71,020 | 1,248 | ||||||||||||||||||
Loan | 62 | Dollar General - De Soto (36) | 0.1% | 10.1% | 9.9% | 75,678 | 73,191 | 2,196 | 70,995 | 1,365 |
A-1-14 |
COMM 2015-LC23 | ||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||
% of | ||||||||||||||||||||
Property | Initial Pool | Underwritten | Underwritten | Ownership | Ground Lease | Ground Lease | ||||||||||||||
Flag | ID | Property Name | Balance | TI/LC($) | NCF($) | Interest | Expiration (18) | Extension Terms (18) | Largest Tenant (19)(20)(21)(22)(23)(24)(25) | SF | ||||||||||
Loan | 1 | Equity Inns Portfolio (33) | 8.3% | 27,397,249 | Fee Simple | |||||||||||||||
Property | 1.01 | Homewood Suites Seattle | 1.5% | 4,574,467 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.02 | Homewood Suites Orlando | 0.7% | 1,912,755 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.03 | Courtyard Carlsbad | 0.5% | 1,609,353 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.04 | Courtyard Houston | 0.5% | 1,660,007 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.05 | Homewood Suites Stratford | 0.4% | 1,218,101 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.06 | Hampton Inn Urbana | 0.4% | 1,592,692 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.07 | Springhill Suites Asheville | 0.4% | 1,393,398 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.08 | Hilton Garden Inn Louisville | 0.4% | 1,440,820 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.09 | Hampton Inn Orlando | 0.4% | 1,335,296 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.10 | Hampton Inn Austin | 0.4% | 1,349,235 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.11 | Hampton Inn College Station | 0.4% | 1,430,623 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.12 | Hampton Inn Indianapolis | 0.3% | 1,127,456 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.13 | TownePlace Suites Savannah | 0.3% | 1,028,701 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.14 | Hampton Inn East Lansing | 0.3% | 1,128,186 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.15 | Hampton Inn Naperville | 0.3% | 989,767 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.16 | Hilton Garden Inn Rio Rancho | 0.3% | 856,235 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.17 | Courtyard Dalton | 0.2% | 661,537 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.18 | Hampton Inn Alcoa | 0.2% | 523,523 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.19 | Homewood Suites Augusta | 0.2% | 683,808 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.20 | Residence Inn Jacksonville | 0.2% | 604,813 | Fee Simple | NAP | NAP | |||||||||||||
Property | 1.21 | Hampton Inn Milford | 0.1% | 276,475 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 2 | 32 Avenue of the Americas (33)(36) | 7.3% | 2,274,094 | 39,233,948 | Fee Simple | AMFM Operating, Inc. | 169,304 | ||||||||||||
Loan | 3 | 11 Madison Avenue (33)(34)(35) | 7.2% | 1,605,307 | 107,431,283 | Fee Simple/Leasehold | 12/31/2016 | None | Credit Suisse | 1,266,051 | ||||||||||
Loan | 4 | 1209 DeKalb (35)(36) | 4.8% | 3,251,262 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 5 | Good Samaritan Medical Tower (36) | 4.4% | 263,437 | 3,856,746 | Fee Simple | University of Southern California | 14,605 | ||||||||||||
Loan | 6 | Harvey Building Products Portfolio (33) | 4.4% | 13,683,832 | Fee Simple | |||||||||||||||
Property | 6.01 | Londonderry Manufacturing | 0.8% | 2,656,939 | Fee Simple | Harvey Industries, Inc. | 376,294 | |||||||||||||
Property | 6.02 | Waltham Corporate | 0.4% | 1,536,465 | Fee Simple | Harvey Industries, Inc. | 54,400 | |||||||||||||
Property | 6.03 | Dartmouth Manufacturing | 0.4% | 1,182,533 | Fee Simple | Harvey Industries, Inc. | 235,239 | |||||||||||||
Property | 6.04 | Nashua | 0.2% | 630,036 | Fee Simple | Harvey Industries, Inc. | 111,594 | |||||||||||||
Property | 6.05 | West Bridgewater | 0.2% | 525,446 | Fee Simple | Harvey Industries, Inc. | 81,776 | |||||||||||||
Property | 6.06 | Woburn | 0.2% | 493,449 | Fee Simple | Harvey Industries, Inc. | 76,054 | |||||||||||||
Property | 6.07 | Manchester, NH | 0.2% | 478,251 | Fee Simple | Harvey Industries, Inc. | 81,747 | |||||||||||||
Property | 6.08 | New London | 0.1% | 439,380 | Fee Simple | Harvey Industries, Inc. | 70,642 | |||||||||||||
Property | 6.09 | East Haven | 0.1% | 418,218 | Fee Simple | Harvey Industries, Inc. | 70,089 | |||||||||||||
Property | 6.10 | Salem | 0.1% | 362,831 | Fee Simple | Harvey Industries, Inc. | 58,286 | |||||||||||||
Property | 6.11 | Bethlehem | 0.1% | 364,262 | Fee Simple | Harvey Industries, Inc. | 71,091 | |||||||||||||
Property | 6.12 | Lincoln | 0.1% | 392,205 | Fee Simple | Harvey Industries, Inc. | 80,240 | |||||||||||||
Property | 6.13 | Berlin | 0.1% | 394,517 | Fee Simple | Harvey Industries, Inc. | 43,796 | |||||||||||||
Property | 6.14 | Woburn CPD | 0.1% | 421,348 | Fee Simple | Harvey Industries, Inc. | 59,800 | |||||||||||||
Property | 6.15 | Norwalk | 0.1% | 365,032 | Fee Simple | Harvey Industries, Inc. | 40,232 | |||||||||||||
Property | 6.16 | Dartmouth | 0.1% | 323,275 | Fee Simple | Harvey Industries, Inc. | 63,117 | |||||||||||||
Property | 6.17 | Braintree | 0.1% | 245,606 | Fee Simple | Harvey Industries, Inc. | 32,531 | |||||||||||||
Property | 6.18 | Manchester, CT | 0.1% | 268,669 | Fee Simple | Harvey Industries, Inc. | 49,175 | |||||||||||||
Property | 6.19 | Portland | 0.1% | 257,481 | Fee Simple | Harvey Industries, Inc. | 48,145 | |||||||||||||
Property | 6.20 | Norwalk | 0.1% | 292,789 | Fee Simple | Harvey Industries, Inc. | 30,000 | |||||||||||||
Property | 6.21 | Warwick | 0.1% | 232,602 | Fee Simple | Harvey Industries, Inc. | 43,899 | |||||||||||||
Property | 6.22 | Fitchburg | 0.1% | 198,552 | Fee Simple | Harvey Industries, Inc. | 39,433 | |||||||||||||
Property | 6.23 | Auburn | 0.1% | 192,593 | Fee Simple | Harvey Industries, Inc. | 37,132 | |||||||||||||
Property | 6.24 | Portsmouth | 0.1% | 186,481 | Fee Simple | Harvey Industries, Inc. | 31,470 | |||||||||||||
Property | 6.25 | Southampton | 0.0% | 155,810 | Fee Simple | Harvey Industries, Inc. | 36,421 | |||||||||||||
Property | 6.26 | Hyannis | 0.0% | 144,141 | Fee Simple | Harvey Industries, Inc. | 24,070 | |||||||||||||
Property | 6.27 | Wilkes-Barre | 0.0% | 157,438 | Fee Simple | Harvey Industries, Inc. | 32,200 | |||||||||||||
Property | 6.28 | Berlin CPD | 0.0% | 126,928 | Fee Simple | Harvey Industries, Inc. | 28,163 | |||||||||||||
Property | 6.29 | Springfield | 0.0% | 140,192 | Fee Simple | Harvey Industries, Inc. | 25,347 | |||||||||||||
Property | 6.30 | White River Junction | 0.0% | 100,363 | Fee Simple | Harvey Industries, Inc. | 13,736 | |||||||||||||
Loan | 7 | Beach House Hilton Head (36) | 4.2% | 4,029,018 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 8 | Whitehall Hotel | 3.7% | 3,805,822 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 9 | 611 Cowper | 3.4% | 148,230 | 3,162,396 | Fee Simple | A9.com | 30,000 | ||||||||||||
Loan | 10 | Springfield Mall (33) | 3.4% | 223,180 | 6,932,543 | Fee Simple | Ulta | 10,287 | ||||||||||||
Loan | 11 | Laguna Niguel Town Center | 2.8% | 74,456 | 2,221,482 | Fee Simple | Denault’s Hardware | 15,000 | ||||||||||||
Loan | 12 | Hacienda Gardens | 2.5% | 52,249 | 1,991,766 | Fee Simple | Fitness Evolution Health Club | 31,278 | ||||||||||||
Loan | 13 | Washington Plaza | 2.4% | 48,304 | 1,758,485 | Fee Simple | Rite Aid - Store | 20,212 | ||||||||||||
Loan | 14 | Carrollwood Station | 2.2% | 1,775,464 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 15 | Murrieta Spectrum | 2.1% | 86,263 | 1,721,900 | Fee Simple | Ashleys | 50,974 | ||||||||||||
Loan | 16 | Westin Lake Mary | 2.1% | 2,059,611 | Fee Simple | NAP | NAP |
A-1-15 |
COMM 2015-LC23 | ||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||
% of | ||||||||||||||||||||
Property | Initial Pool | Underwritten | Underwritten | Ownership | Ground Lease | Ground Lease | ||||||||||||||
Flag | ID | Property Name | Balance | TI/LC($) | NCF($) | Interest | Expiration (18) | Extension Terms (18) | Largest Tenant (19)(20)(21)(22)(23)(24)(25) | SF | ||||||||||
Loan | 17 | Lake Creek Festival | 2.1% | 178,314 | 1,981,336 | Fee Simple | Burlington Coat Factory | 86,479 | ||||||||||||
Loan | 18 | Wedgewood Building | 2.0% | 84,600 | 1,511,612 | Fee Simple | Wedgewood | 24,350 | ||||||||||||
Loan | 19 | Kenhorst Plaza | 1.9% | 64,951 | 1,492,638 | Fee Simple | Redner’s Warehouse Markets (Redner’s Markets, Inc.) | 57,935 | ||||||||||||
Loan | 20 | Addison Town Center | 1.7% | 111,221 | 1,452,604 | Fee Simple | Kroger Food Stores | 50,540 | ||||||||||||
Loan | 21 | A&H Olympic | 1.5% | 72,605 | 1,384,108 | Fee Simple | Athena Parking, Inc. | 28,532 | ||||||||||||
Loan | 22 | Brentwood Retail Center (35) | 1.4% | 15,767 | 1,068,638 | Fee Simple | Rag & Bone | 4,000 | ||||||||||||
Loan | 23 | A&H Maple Avenue | 1.4% | 25,000 | 1,718,875 | Fee Simple | Carlos Sandoval & Heather Olson | 2,195 | ||||||||||||
Loan | 24 | BJs Montgomeryville | 1.2% | 993,304 | Fee Simple | BJ’s Wholesale Club, Inc. | 87,984 | |||||||||||||
Loan | 25 | Colerain Center | 1.2% | 55,177 | 992,127 | Fee Simple | LA Fitness & Sports Club | 30,000 | ||||||||||||
Loan | 26 | Whitewater Place | 1.2% | 1,074,653 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 27 | Brown Street Centre | 1.2% | 123,485 | 1,121,367 | Fee Simple | Wells Fargo | 20,667 | ||||||||||||
Loan | 28 | Biltmore Parks Apartments | 1.1% | 985,691 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 29 | Ortega Village - Retail | 1.1% | 857,440 | Fee Simple | Bad to the Bone | 4,161 | |||||||||||||
Loan | 30 | Landings Shops and Offices | 0.9% | 66,590 | 751,725 | Fee Simple | ||||||||||||||
Property | 30.01 | Landings Shops and Offices | 0.5% | 50,403 | 366,591 | Fee Simple | Next Generation Child Care | 10,892 | ||||||||||||
Property | 30.02 | Progressive Properties | 0.3% | 12,503 | 205,351 | Fee Simple | Cleveland Clinic | 12,100 | ||||||||||||
Property | 30.03 | Kopf Offices | 0.2% | 3,684 | 179,783 | Fee Simple | Kopf Construction Corp | 14,400 | ||||||||||||
Loan | 31 | Terraces on Second | 0.9% | 672,719 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 32 | 75 Executive Drive (36) | 0.9% | 52,122 | 725,076 | Fee Simple | Aftermath, Inc. | 16,267 | ||||||||||||
Loan | 33 | Best Buy Boca Raton | 0.8% | 17,400 | 641,702 | Fee Simple | Best Buy | 58,000 | ||||||||||||
Loan | 34 | Somerset Apartments | 0.8% | 619,140 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 35 | Walgreens VA Beach | 0.8% | 624,227 | Fee Simple | Walgreens | 14,200 | |||||||||||||
Loan | 36 | Holiday Inn Express & Suites Rockport | 0.8% | 914,608 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 37 | Commons at Pembroke | 0.7% | 613,865 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 38 | Monument Creek (36) | 0.7% | 549,003 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 39 | High Country Plaza | 0.7% | 25,686 | 515,149 | Fee Simple | 7-Eleven | 3,000 | ||||||||||||
Loan | 40 | Williamsburg Center | 0.7% | 63,365 | 752,563 | Fee Simple | ||||||||||||||
Property | 40.01 | 1734 Corporate Crossing | 0.2% | 9,075 | 148,125 | Fee Simple | Univ. of Illinois Chicago | 5,441 | ||||||||||||
Property | 40.02 | 1728 Corporate Crossing | 0.2% | 9,075 | 110,575 | Fee Simple | Red Cedar | 8,550 | ||||||||||||
Property | 40.03 | 1722 Corporate Crossing | 0.1% | 9,075 | 100,547 | Fee Simple | First Command | 5,600 | ||||||||||||
Property | 40.04 | 1035 East Gate Drive | 0.1% | 10,950 | 152,347 | Fee Simple | Lockheed Martin | 8,080 | ||||||||||||
Property | 40.05 | 735 Seibert Road | 0.1% | 8,414 | 82,158 | Fee Simple | C5T | 2,632 | ||||||||||||
Property | 40.06 | 703 Seibert Road | 0.0% | 8,377 | 58,421 | Fee Simple | Aegis | 4,434 | ||||||||||||
Property | 40.07 | 723 Seibert Road | 0.0% | 8,400 | 100,390 | Fee Simple | Paragon Technology | 3,602 | ||||||||||||
Loan | 41 | Shops at Cardiff Ranch | 0.7% | 23,925 | 624,315 | Fee Simple | Brixton Pet Health | 12,000 | ||||||||||||
Loan | 42 | Cobblestone Court II | 0.5% | 437,373 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 43 | Hampton Inn & Suites – Portland | 0.5% | 833,169 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 44 | 40 Wall Street (33) | 0.5% | 1,473,381 | 20,800,023 | Leasehold | 04/30/2059 | 2 Extension options. 1 - 67.5 year extension option, 1 - 80 year and 2 month extension option | Green Ivy | 86,350 | ||||||||||
Loan | 45 | Palisades of Bridgeport | 0.5% | 405,954 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 46 | Walgreens Frisco TX | 0.4% | 364,000 | Fee Simple | Walgreens | 14,560 | |||||||||||||
Loan | 47 | Walgreens-Goodwill Missouri TX | 0.4% | 369,000 | Fee Simple | Walgreens | 14,820 | |||||||||||||
Loan | 48 | Warsaw Village | 0.4% | 30,050 | 316,746 | Fee Simple | Food Lion (Store 1196) | 29,000 | ||||||||||||
Loan | 49 | Walton Shoppes | 0.4% | 30,912 | 336,253 | Fee Simple | Rochester Eye Care | 3,000 | ||||||||||||
Loan | 50 | Ortega Village- Pads | 0.4% | 284,341 | Fee Simple | Davita Renal Healthcare | 8,268 | |||||||||||||
Loan | 51 | 691 14th Street Retail | 0.4% | 12,010 | 335,234 | Fee Simple | Cooks & Soldiers | 4,625 | ||||||||||||
Loan | 52 | Monte & Wishing Well | 0.3% | 354,677 | Fee Simple | |||||||||||||||
Property | 52.01 | Monte Carlo MHC | 0.2% | 220,894 | Fee Simple | NAP | NAP | |||||||||||||
Property | 52.02 | Wishing Well MHP | 0.1% | 133,783 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 53 | Ferndale Avenue Shoppes | 0.3% | 25,891 | 316,090 | Fee Simple | Dickey’s BBQ | 2,589 | ||||||||||||
Loan | 54 | Courtyard Self Storage | 0.3% | 306,612 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 55 | Bayonne MHP | 0.3% | 312,897 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 56 | Best Western Cleveland Airport | 0.3% | 369,841 | Fee Simple | NAP | NAP | |||||||||||||
Loan | 57 | Eureka Crossings | 0.2% | 27,223 | 259,032 | Fee Simple | Woodward Detroit CVS, LLC | 10,590 | ||||||||||||
Loan | 58 | Family Dollar - Rose Hill (36) | 0.1% | 85,638 | Fee Simple | Rose Hill, NC | 8,320 | |||||||||||||
Loan | 59 | Family Dollar - Moultrie (36) | 0.1% | 78,129 | Fee Simple | Moultrie, GA | 8,233 | |||||||||||||
Loan | 60 | Family Dollar - Biscoe (36) | 0.1% | 73,318 | Fee Simple | Biscoe, NC | 8,320 | |||||||||||||
Loan | 61 | Family Dollar - Rockingham (36) | 0.1% | 69,772 | Fee Simple | Rockingham, NC | 8,320 | |||||||||||||
Loan | 62 | Dollar General - De Soto (36) | 0.1% | 69,630 | Fee Simple | De Soto, IA | 9,100 |
A-1-16 |
COMM 2015-LC23 | ||||||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||
% of | ||||||||||||||||||||||||
Property | Initial Pool | Lease | Lease | Lease | ||||||||||||||||||||
Flag | ID | Property Name | Balance | Expiration | 2nd Largest Tenant (20)(21)(24)(25) | SF | Expiration | 3rd Largest Tenant (19)(20)(21)(23)(24)(25) | SF | Expiration | 4th Largest Tenant (19)(21)(23)(24) | SF | ||||||||||||
Loan | 1 | Equity Inns Portfolio (33) | 8.3% | |||||||||||||||||||||
Property | 1.01 | Homewood Suites Seattle | 1.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.02 | Homewood Suites Orlando | 0.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.03 | Courtyard Carlsbad | 0.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.04 | Courtyard Houston | 0.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.05 | Homewood Suites Stratford | 0.4% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.06 | Hampton Inn Urbana | 0.4% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.07 | Springhill Suites Asheville | 0.4% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.08 | Hilton Garden Inn Louisville | 0.4% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.09 | Hampton Inn Orlando | 0.4% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.10 | Hampton Inn Austin | 0.4% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.11 | Hampton Inn College Station | 0.4% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.12 | Hampton Inn Indianapolis | 0.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.13 | TownePlace Suites Savannah | 0.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.14 | Hampton Inn East Lansing | 0.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.15 | Hampton Inn Naperville | 0.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.16 | Hilton Garden Inn Rio Rancho | 0.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.17 | Courtyard Dalton | 0.2% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.18 | Hampton Inn Alcoa | 0.2% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.19 | Homewood Suites Augusta | 0.2% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.20 | Residence Inn Jacksonville | 0.2% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 1.21 | Hampton Inn Milford | 0.1% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 2 | 32 Avenue of the Americas (33)(36) | 7.3% | 09/30/2022 | Dentsu Holdings USA, Inc. | 168,891 | 09/30/2021 | Centurylink Communications, LLC | 165,034 | 08/31/2020 | Telx | 79,243 | ||||||||||||
Loan | 3 | 11 Madison Avenue (33)(34)(35) | 7.2% | 05/31/2037 | Sony | 578,791 | 01/31/2031 | Yelp | 152,232 | 04/30/2025 | WME | 103,426 | ||||||||||||
Loan | 4 | 1209 DeKalb (35)(36) | 4.8% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 5 | Good Samaritan Medical Tower (36) | 4.4% | 02/28/2023 | United Imaging, LLC | 8,824 | 01/31/2021 | Samaritan Tower Surgery Center, LLC | 7,847 | 09/30/2026 | Retina Vitreous Associates | 6,404 | ||||||||||||
Loan | 6 | Harvey Building Products Portfolio (33) | 4.4% | |||||||||||||||||||||
Property | 6.01 | Londonderry Manufacturing | 0.8% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.02 | Waltham Corporate | 0.4% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.03 | Dartmouth Manufacturing | 0.4% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.04 | Nashua | 0.2% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.05 | West Bridgewater | 0.2% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.06 | Woburn | 0.2% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.07 | Manchester, NH | 0.2% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.08 | New London | 0.1% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.09 | East Haven | 0.1% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.10 | Salem | 0.1% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.11 | Bethlehem | 0.1% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.12 | Lincoln | 0.1% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.13 | Berlin | 0.1% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.14 | Woburn CPD | 0.1% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.15 | Norwalk | 0.1% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.16 | Dartmouth | 0.1% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.17 | Braintree | 0.1% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.18 | Manchester, CT | 0.1% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.19 | Portland | 0.1% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.20 | Norwalk | 0.1% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.21 | Warwick | 0.1% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.22 | Fitchburg | 0.1% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.23 | Auburn | 0.1% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.24 | Portsmouth | 0.1% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.25 | Southampton | 0.0% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.26 | Hyannis | 0.0% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.27 | Wilkes-Barre | 0.0% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.28 | Berlin CPD | 0.0% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.29 | Springfield | 0.0% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 6.30 | White River Junction | 0.0% | 10/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 7 | Beach House Hilton Head (36) | 4.2% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 8 | Whitehall Hotel | 3.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 9 | 611 Cowper | 3.4% | 10/31/2025 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 10 | Springfield Mall (33) | 3.4% | 10/31/2022 | American Eagle Outfitters | 8,284 | 08/31/2024 | The Gap/Gap Kids | 8,035 | 01/31/2019 | Express | 7,530 | ||||||||||||
Loan | 11 | Laguna Niguel Town Center | 2.8% | 10/31/2018 | Walgreens | 12,904 | 11/30/2027 | U.S. Bank | 8,500 | 07/31/2021 | So Cal Dental Partner | 6,432 | ||||||||||||
Loan | 12 | Hacienda Gardens | 2.5% | 07/31/2025 | Rite Aid | 17,340 | 2/28/2033 | Hometown Buffet, Inc. | 9,600 | 12/31/2034 | Dollar Tree Stores, Inc. | 9,100 | ||||||||||||
Loan | 13 | Washington Plaza | 2.4% | 05/31/2025 | 99 Cents Only Stores Inc. | 19,782 | 1/31/2022 | Da Vita Inc. | 7,440 | 4/30/2019 | Wenceslao Lopez dba Urban Design | 5,750 | ||||||||||||
Loan | 14 | Carrollwood Station | 2.2% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 15 | Murrieta Spectrum | 2.1% | 10/01/2022 | Savers | 26,194 | 9/1/2022 | Automobile Club of SC | 9,870 | 07/31/2016 | Sleep Train | 6,688 | ||||||||||||
Loan | 16 | Westin Lake Mary | 2.1% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-17 |
COMM 2015-LC23 | ||||||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||
% of | ||||||||||||||||||||||||
Property | Initial Pool | Lease | Lease | Lease | ||||||||||||||||||||
Flag | ID | Property Name | Balance | Expiration | 2nd Largest Tenant (20)(21)(24)(25) | SF | Expiration | 3rd Largest Tenant (19)(20)(21)(23)(24)(25) | SF | Expiration | 4th Largest Tenant (19)(21)(23)(24) | SF | ||||||||||||
Loan | 17 | Lake Creek Festival | 2.1% | 11/30/2020 | Hobby Lobby | 57,454 | 05/31/2018 | Pinballz Arcade | 33,900 | 01/31/2026 | Southwest Theaters | 29,100 | ||||||||||||
Loan | 18 | Wedgewood Building | 2.0% | 06/30/2030 | T-Mobile | 14,203 | 8/13/2022 | Maxim Properties | 11,335 | 6/30/2030 | Greenhedge Escrow | 6,297 | ||||||||||||
Loan | 19 | Kenhorst Plaza | 1.9% | 04/30/2030 | Retro Fitness | 21,440 | 02/28/2026 | Dollar Tree (Dollar Tree Stores, Inc.) | 11,251 | 01/31/2024 | US Postal Service | 10,460 | ||||||||||||
Loan | 20 | Addison Town Center | 1.7% | 05/31/2019 | Office Depot | 21,067 | 10/31/2016 | Crunch Fitness | 19,920 | 3/31/2025 | PetSmart | 19,551 | ||||||||||||
Loan | 21 | A&H Olympic | 1.5% | 02/29/2016 | Yong Nam Kim | 4,705 | 12/31/2016 | Bahram Messian | 3,910 | 06/30/2016 | This is Ground LLC | 3,348 | ||||||||||||
Loan | 22 | Brentwood Retail Center (35) | 1.4% | 10/31/2023 | E*Trade | 3,944 | 02/28/2017 | Starbucks | 1,817 | 8/31/2019 | Pinkberry | 750 | ||||||||||||
Loan | 23 | A&H Maple Avenue | 1.4% | 02/28/2019 | Navid Javidzad | 2,000 | 03/31/2016 | Aurea Castro | 1,400 | 05/31/2017 | Ali Liaquat | 1,400 | ||||||||||||
Loan | 24 | BJs Montgomeryville | 1.2% | 08/13/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 25 | Colerain Center | 1.2% | 01/31/2019 | Aldi’s Grocery | 17,494 | 04/30/2024 | Shoe Carnival | 12,000 | 07/31/2025 | Jack’s Pets | 6,000 | ||||||||||||
Loan | 26 | Whitewater Place | 1.2% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 27 | Brown Street Centre | 1.2% | 03/31/2019 | Moffet, Vitu, et al | 8,148 | 03/31/2017 | Berry Moorman | 5,474 | 07/31/2016 | Jacobson Brothers | 5,157 | ||||||||||||
Loan | 28 | Biltmore Parks Apartments | 1.1% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 29 | Ortega Village - Retail | 1.1% | 12/31/2021 | Ortega Tack And Feed | 3,953 | 04/30/2016 | S&R Market | 3,888 | 01/31/2019 | Ball Park Pizza | 3,507 | ||||||||||||
Loan | 30 | Landings Shops and Offices | 0.9% | |||||||||||||||||||||
Property | 30.01 | Landings Shops and Offices | 0.5% | 03/31/2018 | St. John & West Shore Hospital | 5,400 | 4/30/2020 | Tai Chee Kung, Inc. | 4,100 | 5/31/2019 | Jose Jesus Jimenez | 4,080 | ||||||||||||
Property | 30.02 | Progressive Properties | 0.3% | 12/31/2019 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 30.03 | Kopf Offices | 0.2% | 12/31/2015 | Emerge, Inc. | 3,057 | 5/31/2018 | VIP Property Management | 1,600 | 12/31/2015 | NAP | NAP | ||||||||||||
Loan | 31 | Terraces on Second | 0.9% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 32 | 75 Executive Drive (36) | 0.9% | 09/30/2017 | Aceyus, Corp. | 11,637 | 11/30/2022 | K-Rise Systems, Inc. | 3,789 | 05/31/2019 | Envoy Aerospace, LLC | 3,455 | ||||||||||||
Loan | 33 | Best Buy Boca Raton | 0.8% | 05/24/2025 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 34 | Somerset Apartments | 0.8% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 35 | Walgreens VA Beach | 0.8% | 03/30/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 36 | Holiday Inn Express & Suites Rockport | 0.8% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 37 | Commons at Pembroke | 0.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 38 | Monument Creek (36) | 0.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 39 | High Country Plaza | 0.7% | 09/30/2017 | Kelly’s Pub | 2,700 | 09/30/2021 | Cuts N Games | 1,800 | MTM | Domino’s Pizza | 1,650 | ||||||||||||
Loan | 40 | Williamsburg Center | 0.7% | |||||||||||||||||||||
Property | 40.01 | 1734 Corporate Crossing | 0.2% | 10/31/2016 | GSA | 4,599 | 9/23/2022 | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 40.02 | 1728 Corporate Crossing | 0.2% | 10/31/2018 | Harris Corp | 3,550 | 9/30/2019 | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 40.03 | 1722 Corporate Crossing | 0.1% | 04/30/2018 | American Automotive | 2,481 | 5/31/2016 | Vets | 1,983 | 12/31/2015 | Office Centers | 1,236 | ||||||||||||
Property | 40.04 | 1035 East Gate Drive | 0.1% | 06/30/2019 | Tricor | 6,520 | 4/30/2020 | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 40.05 | 735 Seibert Road | 0.1% | 04/30/2018 | LMI | 2,481 | 3/31/2016 | Techguard | 2,220 | 1/31/2017 | Tricor | 1,632 | ||||||||||||
Property | 40.06 | 703 Seibert Road | 0.0% | 08/31/2020 | Veterans United | 2,000 | 5/31/2020 | Dr. Jill Kinsella | 1,252 | 2/28/2017 | NAP | NAP | ||||||||||||
Property | 40.07 | 723 Seibert Road | 0.0% | 08/31/2016 | Asynchrony | 3,049 | 9/30/2016 | CDM Technologies | 2,049 | 12/31/2015 | Indrasoft | 1,200 | ||||||||||||
Loan | 41 | Shops at Cardiff Ranch | 0.7% | 04/30/2030 | Tiny Teeth of Katy | 2,800 | 6/30/2025 | Z Zone Fitness Studio | 1,750 | 3/31/2020 | Reese Chiropractic | 1,400 | ||||||||||||
Loan | 42 | Cobblestone Court II | 0.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 43 | Hampton Inn & Suites – Portland | 0.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 44 | 40 Wall Street (33) | 0.5% | 11/30/2061 | Countrywide Insurance Company | 82,302 | 08/31/2021 | Duane Reade | 77,810 | 03/31/2028 | Haks Engineering & Land Surveyors | 69,916 | ||||||||||||
Loan | 45 | Palisades of Bridgeport | 0.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 46 | Walgreens Frisco TX | 0.4% | 04/16/2029 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 47 | Walgreens-Goodwill Missouri TX | 0.4% | 07/15/2030 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 48 | Warsaw Village | 0.4% | 12/01/2017 | Rite Aid of Virginia Inc. | 9,600 | 1/31/2017 | Mincheng Zheng | 7,150 | 5/31/2025 | U.S. Renal Care Inc. (DCA of Warsaw) | 7,000 | ||||||||||||
Loan | 49 | Walton Shoppes | 0.4% | 12/31/2018 | KLG Retail (d/b/a Lole) | 2,500 | 10/01/2019 | LaVida Massage | 2,500 | 04/22/2019 | Jake’s Wayback Burgers | 2,000 | ||||||||||||
Loan | 50 | Ortega Village- Pads | 0.4% | 02/29/2024 | Capistrano Dance Academy | 2,683 | 08/31/2016 | Ortega Therapy Day Spa | 2,584 | 06/30/2018 | N.R. Amiri D.D.S. Inc., | 1,523 | ||||||||||||
Loan | 51 | 691 14th Street Retail | 0.4% | 10/31/2024 | Southern Institute of Aesthetics PC | 2,250 | 4/30/2025 | Revelator Coffee | 1,725 | 5/30/2020 | Kane Boutique | 1,200 | ||||||||||||
Loan | 52 | Monte & Wishing Well | 0.3% | |||||||||||||||||||||
Property | 52.01 | Monte Carlo MHC | 0.2% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Property | 52.02 | Wishing Well MHP | 0.1% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 53 | Ferndale Avenue Shoppes | 0.3% | 10/04/2024 | The Rocket, LLC | 2,588 | 12/06/2019 | LaVida Massage | 2,500 | 05/19/2019 | Jimmy John’s | 1,780 | ||||||||||||
Loan | 54 | Courtyard Self Storage | 0.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 55 | Bayonne MHP | 0.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 56 | Best Western Cleveland Airport | 0.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 57 | Eureka Crossings | 0.2% | 07/31/2021 | Weight Watchers (WW Group) | 2,432 | 12/01/2020 | Rx Optical Laboratories | 2,400 | 10/20/2021 | Angel Animal Hospital (Randhawa) | 2,348 | ||||||||||||
Loan | 58 | Family Dollar - Rose Hill (36) | 0.1% | 06/30/2029 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 59 | Family Dollar - Moultrie (36) | 0.1% | 06/30/2029 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 60 | Family Dollar - Biscoe (36) | 0.1% | 06/30/2029 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 61 | Family Dollar - Rockingham (36) | 0.1% | 06/30/2029 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
Loan | 62 | Dollar General - De Soto (36) | 0.1% | 07/31/2030 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-18 |
COMM 2015-LC23 | ||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||
% of | Upfront | |||||||||||||||||||
Property | Initial Pool | Lease | Lease | Occupancy | Replacement | |||||||||||||||
Flag | ID | Property Name | Balance | Expiration | 5th Largest Tenant (19)(21)(23)(24)(25) | SF | Expiration | Occupancy | As-of Date | Reserves($)(27) | ||||||||||
Loan | 1 | Equity Inns Portfolio (33) | 8.3% | 75.6% | 07/31/2015 | |||||||||||||||
Property | 1.01 | Homewood Suites Seattle | 1.5% | NAP | NAP | NAP | NAP | 89.0% | 07/31/2015 | |||||||||||
Property | 1.02 | Homewood Suites Orlando | 0.7% | NAP | NAP | NAP | NAP | 75.0% | 07/31/2015 | |||||||||||
Property | 1.03 | Courtyard Carlsbad | 0.5% | NAP | NAP | NAP | NAP | 73.5% | 07/31/2015 | |||||||||||
Property | 1.04 | Courtyard Houston | 0.5% | NAP | NAP | NAP | NAP | 57.2% | 07/31/2015 | |||||||||||
Property | 1.05 | Homewood Suites Stratford | 0.4% | NAP | NAP | NAP | NAP | 76.7% | 07/31/2015 | |||||||||||
Property | 1.06 | Hampton Inn Urbana | 0.4% | NAP | NAP | NAP | NAP | 70.6% | 07/31/2015 | |||||||||||
Property | 1.07 | Springhill Suites Asheville | 0.4% | NAP | NAP | NAP | NAP | 76.4% | 07/31/2015 | |||||||||||
Property | 1.08 | Hilton Garden Inn Louisville | 0.4% | NAP | NAP | NAP | NAP | 77.1% | 07/31/2015 | |||||||||||
Property | 1.09 | Hampton Inn Orlando | 0.4% | NAP | NAP | NAP | NAP | 83.1% | 07/31/2015 | |||||||||||
Property | 1.10 | Hampton Inn Austin | 0.4% | NAP | NAP | NAP | NAP | 73.7% | 07/31/2015 | |||||||||||
Property | 1.11 | Hampton Inn College Station | 0.4% | NAP | NAP | NAP | NAP | 71.4% | 07/31/2015 | |||||||||||
Property | 1.12 | Hampton Inn Indianapolis | 0.3% | NAP | NAP | NAP | NAP | 77.9% | 07/31/2015 | |||||||||||
Property | 1.13 | TownePlace Suites Savannah | 0.3% | NAP | NAP | NAP | NAP | 87.7% | 07/31/2015 | |||||||||||
Property | 1.14 | Hampton Inn East Lansing | 0.3% | NAP | NAP | NAP | NAP | 81.1% | 07/31/2015 | |||||||||||
Property | 1.15 | Hampton Inn Naperville | 0.3% | NAP | NAP | NAP | NAP | 69.3% | 07/31/2015 | |||||||||||
Property | 1.16 | Hilton Garden Inn Rio Rancho | 0.3% | NAP | NAP | NAP | NAP | 73.1% | 07/31/2015 | |||||||||||
Property | 1.17 | Courtyard Dalton | 0.2% | NAP | NAP | NAP | NAP | 74.1% | 07/31/2015 | |||||||||||
Property | 1.18 | Hampton Inn Alcoa | 0.2% | NAP | NAP | NAP | NAP | 81.4% | 07/31/2015 | |||||||||||
Property | 1.19 | Homewood Suites Augusta | 0.2% | NAP | NAP | NAP | NAP | 80.6% | 07/31/2015 | |||||||||||
Property | 1.20 | Residence Inn Jacksonville | 0.2% | NAP | NAP | NAP | NAP | 82.1% | 07/31/2015 | |||||||||||
Property | 1.21 | Hampton Inn Milford | 0.1% | NAP | NAP | NAP | NAP | 69.9% | 07/31/2015 | |||||||||||
Loan | 2 | 32 Avenue of the Americas (33)(36) | 7.3% | 07/31/2033 | University of Cambridge | 64,256 | 01/31/2022 | 99.6% | 08/12/2015 | |||||||||||
Loan | 3 | 11 Madison Avenue (33)(34)(35) | 7.2% | 09/30/2030 | Young & Rubicam, Inc. | 99,107 | 03/30/2019 | 97.8% | 08/11/2015 | |||||||||||
Loan | 4 | 1209 DeKalb (35)(36) | 4.8% | NAP | NAP | NAP | NAP | 99.2% | 09/14/2015 | |||||||||||
Loan | 5 | Good Samaritan Medical Tower (36) | 4.4% | 03/31/2016 | Boulevard Medical Properties | 5,412 | 06/30/2018 | 90.4% | 09/01/2015 | |||||||||||
Loan | 6 | Harvey Building Products Portfolio (33) | 4.4% | 100.0% | 11/06/2015 | |||||||||||||||
Property | 6.01 | Londonderry Manufacturing | 0.8% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.02 | Waltham Corporate | 0.4% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.03 | Dartmouth Manufacturing | 0.4% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.04 | Nashua | 0.2% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.05 | West Bridgewater | 0.2% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.06 | Woburn | 0.2% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.07 | Manchester, NH | 0.2% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.08 | New London | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.09 | East Haven | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.10 | Salem | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.11 | Bethlehem | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.12 | Lincoln | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.13 | Berlin | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.14 | Woburn CPD | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.15 | Norwalk | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.16 | Dartmouth | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.17 | Braintree | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.18 | Manchester, CT | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.19 | Portland | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.20 | Norwalk | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.21 | Warwick | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.22 | Fitchburg | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.23 | Auburn | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.24 | Portsmouth | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.25 | Southampton | 0.0% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.26 | Hyannis | 0.0% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.27 | Wilkes-Barre | 0.0% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.28 | Berlin CPD | 0.0% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.29 | Springfield | 0.0% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 6.30 | White River Junction | 0.0% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Loan | 7 | Beach House Hilton Head (36) | 4.2% | NAP | NAP | NAP | NAP | 68.4% | 06/30/2015 | |||||||||||
Loan | 8 | Whitehall Hotel | 3.7% | NAP | NAP | NAP | NAP | 78.2% | 07/31/2015 | |||||||||||
Loan | 9 | 611 Cowper | 3.4% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | 12,000 | ||||||||||
Loan | 10 | Springfield Mall (33) | 3.4% | 01/31/2019 | Victoria’s Secret | 7,000 | 01/31/2023 | 95.4% | 07/31/2015 | |||||||||||
Loan | 11 | Laguna Niguel Town Center | 2.8% | 09/30/2017 | Signature Sports Bar | 4,000 | 09/30/2019 | 91.4% | 08/18/2015 | 106,000 | ||||||||||
Loan | 12 | Hacienda Gardens | 2.5% | 7/31/2019 | Wells Fargo Bank, NA | 5,177 | 8/31/2020 | 90.1% | 09/28/2015 | |||||||||||
Loan | 13 | Washington Plaza | 2.4% | MTM | Payless ShoeSource - Store | 4,872 | 12/31/2017 | 100.0% | 08/26/2015 | |||||||||||
Loan | 14 | Carrollwood Station | 2.2% | NAP | NAP | NAP | NAP | 97.9% | 08/05/2015 | 650,000 | ||||||||||
Loan | 15 | Murrieta Spectrum | 2.1% | 1/31/2021 | San Diego County Credit Union | 6,500 | 09/30/2020 | 78.0% | 10/01/2015 | |||||||||||
Loan | 16 | Westin Lake Mary | 2.1% | NAP | NAP | NAP | NAP | 72.9% | 08/31/2015 |
A-1-19 |
COMM 2015-LC23 | ||||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||
% of | Upfront | |||||||||||||||||||
Property | Initial Pool | Lease | Lease | Occupancy | Replacement | |||||||||||||||
Flag | ID | Property Name | Balance | Expiration | 5th Largest Tenant (19)(21)(23)(24)(25) | SF | Expiration | Occupancy | As-of Date | Reserves($)(27) | ||||||||||
Loan | 17 | Lake Creek Festival | 2.1% | 01/31/2024 | The Pep Boys - GL | 22,500 | 04/30/2017 | 98.1% | 09/08/2015 | |||||||||||
Loan | 18 | Wedgewood Building | 2.0% | 6/30/2030 | HMC Assets | 4,774 | 3/31/2019 | 100.0% | 09/01/2015 | |||||||||||
Loan | 19 | Kenhorst Plaza | 1.9% | 06/11/2020 | Cash Converters (CC Kenhorst, LLC) | 7,203 | 04/14/2016 | 92.2% | 09/01/2015 | |||||||||||
Loan | 20 | Addison Town Center | 1.7% | 1/31/2019 | New New Buffet | 10,000 | 7/31/2017 | 88.5% | 09/02/2015 | |||||||||||
Loan | 21 | A&H Olympic | 1.5% | 02/29/2016 | CKCC, Inc. | 3,275 | 11/30/2015 | 98.7% | 07/01/2015 | |||||||||||
Loan | 22 | Brentwood Retail Center (35) | 1.4% | 02/28/2017 | NAP | NAP | NAP | 100.0% | 09/01/2015 | |||||||||||
Loan | 23 | A&H Maple Avenue | 1.4% | 04/30/2017 | Ebrahim Tahvilian Kashi | 1,400 | 03/31/2017 | 100.0% | 07/01/2015 | |||||||||||
Loan | 24 | BJs Montgomeryville | 1.2% | NAP | NAP | NAP | NAP | 100.0% | 11/01/2015 | |||||||||||
Loan | 25 | Colerain Center | 1.2% | 02/28/2022 | Chick-Fil-A | 4,600 | 06/01/2030 | 100.0% | 09/21/2015 | |||||||||||
Loan | 26 | Whitewater Place | 1.2% | NAP | NAP | NAP | NAP | 96.6% | 09/15/2015 | |||||||||||
Loan | 27 | Brown Street Centre | 1.2% | 10/31/2019 | Nexus Realty | 3,940 | 10/31/2022 | 91.4% | 09/09/2015 | |||||||||||
Loan | 28 | Biltmore Parks Apartments | 1.1% | NAP | NAP | NAP | NAP | 98.1% | 09/09/2015 | |||||||||||
Loan | 29 | Ortega Village - Retail | 1.1% | 07/31/2017 | OC Pharmacy | 3,124 | 09/30/2023 | 100.0% | 08/05/2015 | 71,600 | ||||||||||
Loan | 30 | Landings Shops and Offices | 0.9% | 88.3% | Various | |||||||||||||||
Property | 30.01 | Landings Shops and Offices | 0.5% | 12/31/2019 | Herman’s Furniture | 3,000 | 9/30/2016 | 83.2% | 07/22/2015 | |||||||||||
Property | 30.02 | Progressive Properties | 0.3% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Property | 30.03 | Kopf Offices | 0.2% | NAP | NAP | NAP | NAP | 100.0% | 04/08/2015 | |||||||||||
Loan | 31 | Terraces on Second | 0.9% | NAP | NAP | NAP | NAP | 95.5% | 08/25/2015 | |||||||||||
Loan | 32 | 75 Executive Drive (36) | 0.9% | 09/30/2019 | Pillar Enterprises, Inc. | 2,666 | 08/31/2020 | 92.1% | 06/30/2015 | 42,835 | ||||||||||
Loan | 33 | Best Buy Boca Raton | 0.8% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Loan | 34 | Somerset Apartments | 0.8% | NAP | NAP | NAP | NAP | 92.4% | 09/17/2015 | |||||||||||
Loan | 35 | Walgreens VA Beach | 0.8% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Loan | 36 | Holiday Inn Express & Suites Rockport | 0.8% | NAP | NAP | NAP | NAP | 75.3% | 07/31/2015 | |||||||||||
Loan | 37 | Commons at Pembroke | 0.7% | NAP | NAP | NAP | NAP | 97.0% | 08/19/2015 | 200,000 | ||||||||||
Loan | 38 | Monument Creek (36) | 0.7% | NAP | NAP | NAP | NAP | 98.5% | 08/03/2015 | |||||||||||
Loan | 39 | High Country Plaza | 0.7% | 11/30/2022 | Westside Cleaners | 1,500 | 11/30/2019 | 95.7% | 08/05/2015 | |||||||||||
Loan | 40 | Williamsburg Center | 0.7% | 88.9% | 08/06/2015 | |||||||||||||||
Property | 40.01 | 1734 Corporate Crossing | 0.2% | NAP | NAP | NAP | NAP | 83.0% | 08/06/2015 | |||||||||||
Property | 40.02 | 1728 Corporate Crossing | 0.2% | NAP | NAP | NAP | NAP | 100.0% | 08/06/2015 | |||||||||||
Property | 40.03 | 1722 Corporate Crossing | 0.1% | 7/31/2020 | NAP | NAP | NAP | 93.4% | 08/06/2015 | |||||||||||
Property | 40.04 | 1035 East Gate Drive | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 08/06/2015 | |||||||||||
Property | 40.05 | 735 Seibert Road | 0.1% | MTM | Engility | 543 | MTM | 84.8% | 08/06/2015 | |||||||||||
Property | 40.06 | 703 Seibert Road | 0.0% | NAP | NAP | NAP | NAP | 68.8% | 08/06/2015 | |||||||||||
Property | 40.07 | 723 Seibert Road | 0.0% | 2/29/2016 | NAP | NAP | NAP | 88.4% | 08/06/2015 | |||||||||||
Loan | 41 | Shops at Cardiff Ranch | 0.7% | 07/31/2020 | Posh Nails & Spa | 1,400 | 5/31/2020 | 95.7% | 07/30/2015 | |||||||||||
Loan | 42 | Cobblestone Court II | 0.5% | NAP | NAP | NAP | NAP | 99.4% | 06/30/2015 | |||||||||||
Loan | 43 | Hampton Inn & Suites – Portland | 0.5% | NAP | NAP | NAP | NAP | 77.0% | 07/31/2015 | |||||||||||
Loan | 44 | 40 Wall Street (33) | 0.5% | 03/31/2029 | Weidlinger Associates Inc | 61,082 | 01/31/2033 | 95.0% | 05/19/2015 | |||||||||||
Loan | 45 | Palisades of Bridgeport | 0.5% | NAP | NAP | NAP | NAP | 96.8% | 08/18/2015 | |||||||||||
Loan | 46 | Walgreens Frisco TX | 0.4% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Loan | 47 | Walgreens-Goodwill Missouri TX | 0.4% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Loan | 48 | Warsaw Village | 0.4% | 1/31/2021 | Virginia Alcoholic Beverage Control | 3,000 | 01/31/2021 | 95.0% | 08/24/2015 | |||||||||||
Loan | 49 | Walton Shoppes | 0.4% | 06/19/2024 | Tropical Smoothie | 2,000 | 10/16/2020 | 79.7% | 09/01/2015 | |||||||||||
Loan | 50 | Ortega Village- Pads | 0.4% | 08/31/2019 | NAP | NAP | NAP | 90.7% | 08/05/2015 | 72,800 | ||||||||||
Loan | 51 | 691 14th Street Retail | 0.4% | 10/31/2019 | Bilthouse | 1,057 | 10/31/2019 | 100.0% | 08/31/2015 | |||||||||||
Loan | 52 | Monte & Wishing Well | 0.3% | 97.9% | 04/30/2015 | |||||||||||||||
Property | 52.01 | Monte Carlo MHC | 0.2% | NAP | NAP | NAP | NAP | 100.0% | 04/30/2015 | |||||||||||
Property | 52.02 | Wishing Well MHP | 0.1% | NAP | NAP | NAP | NAP | 95.1% | 04/30/2015 | |||||||||||
Loan | 53 | Ferndale Avenue Shoppes | 0.3% | 04/22/2019 | Verizon Wireless | 1,558 | 04/30/2019 | 88.1% | 09/01/2015 | |||||||||||
Loan | 54 | Courtyard Self Storage | 0.3% | NAP | NAP | NAP | NAP | 85.6% | 07/31/2015 | |||||||||||
Loan | 55 | Bayonne MHP | 0.3% | NAP | NAP | NAP | NAP | 97.2% | 09/25/2015 | |||||||||||
Loan | 56 | Best Western Cleveland Airport | 0.3% | NAP | NAP | NAP | NAP | 83.2% | 07/31/2015 | |||||||||||
Loan | 57 | Eureka Crossings | 0.2% | 01/10/2021 | Wild Bill’s Tobacco | 1,840 | 01/26/2017 | 100.0% | 09/01/2015 | |||||||||||
Loan | 58 | Family Dollar - Rose Hill (36) | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Loan | 59 | Family Dollar - Moultrie (36) | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Loan | 60 | Family Dollar - Biscoe (36) | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Loan | 61 | Family Dollar - Rockingham (36) | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 | |||||||||||
Loan | 62 | Dollar General - De Soto (36) | 0.1% | NAP | NAP | NAP | NAP | 100.0% | 11/06/2015 |
A-1-20 |
COMM 2015-LC23 | ||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||
% of | Monthly | Upfront | ||||||||
Property | Initial Pool | Replacement | TI/LC | |||||||
Flag | ID | Property Name | Balance | Reserves ($)(28)(29)(31) | Reserves($)(27) | |||||
Loan | 1 | Equity Inns Portfolio (33) | 8.3% | The greater of 1/12 of 4% of gross revenue of the trailing 12 months from the most recent quarter and (ii) the amount required under the Franchise Agreement and Management Agreement for FF&E work | ||||||
Property | 1.01 | Homewood Suites Seattle | 1.5% | |||||||
Property | 1.02 | Homewood Suites Orlando | 0.7% | |||||||
Property | 1.03 | Courtyard Carlsbad | 0.5% | |||||||
Property | 1.04 | Courtyard Houston | 0.5% | |||||||
Property | 1.05 | Homewood Suites Stratford | 0.4% | |||||||
Property | 1.06 | Hampton Inn Urbana | 0.4% | |||||||
Property | 1.07 | Springhill Suites Asheville | 0.4% | |||||||
Property | 1.08 | Hilton Garden Inn Louisville | 0.4% | |||||||
Property | 1.09 | Hampton Inn Orlando | 0.4% | |||||||
Property | 1.10 | Hampton Inn Austin | 0.4% | |||||||
Property | 1.11 | Hampton Inn College Station | 0.4% | |||||||
Property | 1.12 | Hampton Inn Indianapolis | 0.3% | |||||||
Property | 1.13 | TownePlace Suites Savannah | 0.3% | |||||||
Property | 1.14 | Hampton Inn East Lansing | 0.3% | |||||||
Property | 1.15 | Hampton Inn Naperville | 0.3% | |||||||
Property | 1.16 | Hilton Garden Inn Rio Rancho | 0.3% | |||||||
Property | 1.17 | Courtyard Dalton | 0.2% | |||||||
Property | 1.18 | Hampton Inn Alcoa | 0.2% | |||||||
Property | 1.19 | Homewood Suites Augusta | 0.2% | |||||||
Property | 1.20 | Residence Inn Jacksonville | 0.2% | |||||||
Property | 1.21 | Hampton Inn Milford | 0.1% | |||||||
Loan | 2 | 32 Avenue of the Americas (33)(36) | 7.3% | Springing | 3,908,742 | |||||
Loan | 3 | 11 Madison Avenue (33)(34)(35) | 7.2% | Springing | 81,152,102 | |||||
Loan | 4 | 1209 DeKalb (35)(36) | 4.8% | 2,117 | ||||||
Loan | 5 | Good Samaritan Medical Tower (36) | 4.4% | 3,049 | ||||||
Loan | 6 | Harvey Building Products Portfolio (33) | 4.4% | |||||||
Property | 6.01 | Londonderry Manufacturing | 0.8% | |||||||
Property | 6.02 | Waltham Corporate | 0.4% | |||||||
Property | 6.03 | Dartmouth Manufacturing | 0.4% | |||||||
Property | 6.04 | Nashua | 0.2% | |||||||
Property | 6.05 | West Bridgewater | 0.2% | |||||||
Property | 6.06 | Woburn | 0.2% | |||||||
Property | 6.07 | Manchester, NH | 0.2% | |||||||
Property | 6.08 | New London | 0.1% | |||||||
Property | 6.09 | East Haven | 0.1% | |||||||
Property | 6.10 | Salem | 0.1% | |||||||
Property | 6.11 | Bethlehem | 0.1% | |||||||
Property | 6.12 | Lincoln | 0.1% | |||||||
Property | 6.13 | Berlin | 0.1% | |||||||
Property | 6.14 | Woburn CPD | 0.1% | |||||||
Property | 6.15 | Norwalk | 0.1% | |||||||
Property | 6.16 | Dartmouth | 0.1% | |||||||
Property | 6.17 | Braintree | 0.1% | |||||||
Property | 6.18 | Manchester, CT | 0.1% | |||||||
Property | 6.19 | Portland | 0.1% | |||||||
Property | 6.20 | Norwalk | 0.1% | |||||||
Property | 6.21 | Warwick | 0.1% | |||||||
Property | 6.22 | Fitchburg | 0.1% | |||||||
Property | 6.23 | Auburn | 0.1% | |||||||
Property | 6.24 | Portsmouth | 0.1% | |||||||
Property | 6.25 | Southampton | 0.0% | |||||||
Property | 6.26 | Hyannis | 0.0% | |||||||
Property | 6.27 | Wilkes-Barre | 0.0% | |||||||
Property | 6.28 | Berlin CPD | 0.0% | |||||||
Property | 6.29 | Springfield | 0.0% | |||||||
Property | 6.30 | White River Junction | 0.0% | |||||||
Loan | 7 | Beach House Hilton Head (36) | 4.2% | Greater of 4.0% of prior month’s rents for the property and any amount required under Management Agreement or Franchise Agreement for FF&E Work | ||||||
Loan | 8 | Whitehall Hotel | 3.7% | 1/12 of 4% of annual operating income | ||||||
Loan | 9 | 611 Cowper | 3.4% | Springing | 3,043,827 | |||||
Loan | 10 | Springfield Mall (33) | 3.4% | Springing | ||||||
Loan | 11 | Laguna Niguel Town Center | 2.8% | 1,636 | ||||||
Loan | 12 | Hacienda Gardens | 2.5% | 123,195 | ||||||
Loan | 13 | Washington Plaza | 2.4% | 1,725 | 300,000 | |||||
Loan | 14 | Carrollwood Station | 2.2% | 7,000 | ||||||
Loan | 15 | Murrieta Spectrum | 2.1% | 2,875 | 800,000 | |||||
Loan | 16 | Westin Lake Mary | 2.1% | Greater of 4.0% of prior month’s rents for the property and any amount required under Management Agreement or Franchise Agreement for FF&E Work |
A-1-21 |
COMM 2015-LC23 | ||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||
% of | Monthly | Upfront | ||||||||
Property | Initial Pool | Replacement | TI/LC | |||||||
Flag | ID | Property Name | Balance | Reserves ($)(28)(29)(31) | Reserves($)(27) | |||||
Loan | 17 | Lake Creek Festival | 2.1% | 4,758 | 508,615 | |||||
Loan | 18 | Wedgewood Building | 2.0% | 1,107 | ||||||
Loan | 19 | Kenhorst Plaza | 1.9% | 2,556 | 220,000 | |||||
Loan | 20 | Addison Town Center | 1.7% | 2,328 | 250,000 | |||||
Loan | 21 | A&H Olympic | 1.5% | 1,841 | 100,000 | |||||
Loan | 22 | Brentwood Retail Center (35) | 1.4% | 131 | ||||||
Loan | 23 | A&H Maple Avenue | 1.4% | 399 | 25,000 | |||||
Loan | 24 | BJs Montgomeryville | 1.2% | Springing | ||||||
Loan | 25 | Colerain Center | 1.2% | 1,410 | ||||||
Loan | 26 | Whitewater Place | 1.2% | 1,854 | ||||||
Loan | 27 | Brown Street Centre | 1.2% | 871 | 200,000 | |||||
Loan | 28 | Biltmore Parks Apartments | 1.1% | 7,121 | ||||||
Loan | 29 | Ortega Village - Retail | 1.1% | 1,208 | 600,000 | |||||
Loan | 30 | Landings Shops and Offices | 0.9% | 1,720 | 20,000 | |||||
Property | 30.01 | Landings Shops and Offices | 0.5% | |||||||
Property | 30.02 | Progressive Properties | 0.3% | |||||||
Property | 30.03 | Kopf Offices | 0.2% | |||||||
Loan | 31 | Terraces on Second | 0.9% | 917 | ||||||
Loan | 32 | 75 Executive Drive (36) | 0.9% | Springing | 160,631 | |||||
Loan | 33 | Best Buy Boca Raton | 0.8% | 483 | 100,000 | |||||
Loan | 34 | Somerset Apartments | 0.8% | 4,144 | ||||||
Loan | 35 | Walgreens VA Beach | 0.8% | Springing | ||||||
Loan | 36 | Holiday Inn Express & Suites Rockport | 0.8% | Greater of (i) (a) 2% (1st year of the term), (b) 3% (2nd year of the term), (c) 1/2 of 4% (remainder of the term) and (ii) the T-12 gross revenue or the Annual Budget projected Gross Revenue | ||||||
Loan | 37 | Commons at Pembroke | 0.7% | 4,200 | ||||||
Loan | 38 | Monument Creek (36) | 0.7% | 571 | ||||||
Loan | 39 | High Country Plaza | 0.7% | 435 | ||||||
Loan | 40 | Williamsburg Center | 0.7% | 2,041 | ||||||
Property | 40.01 | 1734 Corporate Crossing | 0.2% | |||||||
Property | 40.02 | 1728 Corporate Crossing | 0.2% | |||||||
Property | 40.03 | 1722 Corporate Crossing | 0.1% | |||||||
Property | 40.04 | 1035 East Gate Drive | 0.1% | |||||||
Property | 40.05 | 735 Seibert Road | 0.1% | |||||||
Property | 40.06 | 703 Seibert Road | 0.0% | |||||||
Property | 40.07 | 723 Seibert Road | 0.0% | |||||||
Loan | 41 | Shops at Cardiff Ranch | 0.7% | 404 | ||||||
Loan | 42 | Cobblestone Court II | 0.5% | 1,720 | ||||||
Loan | 43 | Hampton Inn & Suites – Portland | 0.5% | The greater of 4% of gross revenue of the trailing 12 months from the most recent quarter and (ii) the amount required under the Franchise Agreement and Management Agreement for FF&E work | ||||||
Loan | 44 | 40 Wall Street (33) | 0.5% | Springing | ||||||
Loan | 45 | Palisades of Bridgeport | 0.5% | 2,790 | ||||||
Loan | 46 | Walgreens Frisco TX | 0.4% | Springing | ||||||
Loan | 47 | Walgreens-Goodwill Missouri TX | 0.4% | Springing | ||||||
Loan | 48 | Warsaw Village | 0.4% | 1,002 | ||||||
Loan | 49 | Walton Shoppes | 0.4% | 285 | ||||||
Loan | 50 | Ortega Village- Pads | 0.4% | 567 | 140,000 | |||||
Loan | 51 | 691 14th Street Retail | 0.4% | 181 | 276,750 | |||||
Loan | 52 | Monte & Wishing Well | 0.3% | 396 | ||||||
Property | 52.01 | Monte Carlo MHC | 0.2% | |||||||
Property | 52.02 | Wishing Well MHP | 0.1% | |||||||
Loan | 53 | Ferndale Avenue Shoppes | 0.3% | 215 | ||||||
Loan | 54 | Courtyard Self Storage | 0.3% | 158 | ||||||
Loan | 55 | Bayonne MHP | 0.3% | 454 | ||||||
Loan | 56 | Best Western Cleveland Airport | 0.3% | 1/12 of 4.0% of the greater of (a) Gross Revenue during the 12 month period and (b) Gross Revenue projected in the Approved Annual Budget for the 12 month period. | ||||||
Loan | 57 | Eureka Crossings | 0.2% | 315 | ||||||
Loan | 58 | Family Dollar - Rose Hill (36) | 0.1% | |||||||
Loan | 59 | Family Dollar - Moultrie (36) | 0.1% | |||||||
Loan | 60 | Family Dollar - Biscoe (36) | 0.1% | |||||||
Loan | 61 | Family Dollar - Rockingham (36) | 0.1% | |||||||
Loan | 62 | Dollar General - De Soto (36) | 0.1% |
A-1-22 |
COMM 2015-LC23 | ||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||
% of | Monthly | Upfront | Monthly | Upfront | Monthly | Upfront | ||||||||||||
Property | Initial Pool | TI/LC | Tax | Tax | Insurance | Insurance | Engineering | |||||||||||
Flag | ID | Property Name | Balance | Reserves ($)(28)(31) | Reserves($)(27) | Reserves ($)(28) | Reserves($)(27) | Reserves ($)(28) | Reserves($)(27) | |||||||||
Loan | 1 | Equity Inns Portfolio (33) | 8.3% | 890,215 | 296,738 | Springing | 160,928 | |||||||||||
Property | 1.01 | Homewood Suites Seattle | 1.5% | |||||||||||||||
Property | 1.02 | Homewood Suites Orlando | 0.7% | |||||||||||||||
Property | 1.03 | Courtyard Carlsbad | 0.5% | |||||||||||||||
Property | 1.04 | Courtyard Houston | 0.5% | |||||||||||||||
Property | 1.05 | Homewood Suites Stratford | 0.4% | |||||||||||||||
Property | 1.06 | Hampton Inn Urbana | 0.4% | |||||||||||||||
Property | 1.07 | Springhill Suites Asheville | 0.4% | |||||||||||||||
Property | 1.08 | Hilton Garden Inn Louisville | 0.4% | |||||||||||||||
Property | 1.09 | Hampton Inn Orlando | 0.4% | |||||||||||||||
Property | 1.10 | Hampton Inn Austin | 0.4% | |||||||||||||||
Property | 1.11 | Hampton Inn College Station | 0.4% | |||||||||||||||
Property | 1.12 | Hampton Inn Indianapolis | 0.3% | |||||||||||||||
Property | 1.13 | TownePlace Suites Savannah | 0.3% | |||||||||||||||
Property | 1.14 | Hampton Inn East Lansing | 0.3% | |||||||||||||||
Property | 1.15 | Hampton Inn Naperville | 0.3% | |||||||||||||||
Property | 1.16 | Hilton Garden Inn Rio Rancho | 0.3% | |||||||||||||||
Property | 1.17 | Courtyard Dalton | 0.2% | |||||||||||||||
Property | 1.18 | Hampton Inn Alcoa | 0.2% | |||||||||||||||
Property | 1.19 | Homewood Suites Augusta | 0.2% | |||||||||||||||
Property | 1.20 | Residence Inn Jacksonville | 0.2% | |||||||||||||||
Property | 1.21 | Hampton Inn Milford | 0.1% | |||||||||||||||
Loan | 2 | 32 Avenue of the Americas (33)(36) | 7.3% | Springing | Springing | Springing | ||||||||||||
Loan | 3 | 11 Madison Avenue (33)(34)(35) | 7.2% | Springing | Springing | Springing | ||||||||||||
Loan | 4 | 1209 DeKalb (35)(36) | 4.8% | 8,430 | 1,686 | 45,402 | 5,675 | |||||||||||
Loan | 5 | Good Samaritan Medical Tower (36) | 4.4% | 21,953 | 73,631 | 12,272 | Springing | 25,200 | ||||||||||
Loan | 6 | Harvey Building Products Portfolio (33) | 4.4% | 1,207,022 | 199,837 | 594,489 | 78,692 | 500,000 | ||||||||||
Property | 6.01 | Londonderry Manufacturing | 0.8% | |||||||||||||||
Property | 6.02 | Waltham Corporate | 0.4% | |||||||||||||||
Property | 6.03 | Dartmouth Manufacturing | 0.4% | |||||||||||||||
Property | 6.04 | Nashua | 0.2% | |||||||||||||||
Property | 6.05 | West Bridgewater | 0.2% | |||||||||||||||
Property | 6.06 | Woburn | 0.2% | |||||||||||||||
Property | 6.07 | Manchester, NH | 0.2% | |||||||||||||||
Property | 6.08 | New London | 0.1% | |||||||||||||||
Property | 6.09 | East Haven | 0.1% | |||||||||||||||
Property | 6.10 | Salem | 0.1% | |||||||||||||||
Property | 6.11 | Bethlehem | 0.1% | |||||||||||||||
Property | 6.12 | Lincoln | 0.1% | |||||||||||||||
Property | 6.13 | Berlin | 0.1% | |||||||||||||||
Property | 6.14 | Woburn CPD | 0.1% | |||||||||||||||
Property | 6.15 | Norwalk | 0.1% | |||||||||||||||
Property | 6.16 | Dartmouth | 0.1% | |||||||||||||||
Property | 6.17 | Braintree | 0.1% | |||||||||||||||
Property | 6.18 | Manchester, CT | 0.1% | |||||||||||||||
Property | 6.19 | Portland | 0.1% | |||||||||||||||
Property | 6.20 | Norwalk | 0.1% | |||||||||||||||
Property | 6.21 | Warwick | 0.1% | |||||||||||||||
Property | 6.22 | Fitchburg | 0.1% | |||||||||||||||
Property | 6.23 | Auburn | 0.1% | |||||||||||||||
Property | 6.24 | Portsmouth | 0.1% | |||||||||||||||
Property | 6.25 | Southampton | 0.0% | |||||||||||||||
Property | 6.26 | Hyannis | 0.0% | |||||||||||||||
Property | 6.27 | Wilkes-Barre | 0.0% | |||||||||||||||
Property | 6.28 | Berlin CPD | 0.0% | |||||||||||||||
Property | 6.29 | Springfield | 0.0% | |||||||||||||||
Property | 6.30 | White River Junction | 0.0% | |||||||||||||||
Loan | 7 | Beach House Hilton Head (36) | 4.2% | 271,388 | 28,122 | Springing | ||||||||||||
Loan | 8 | Whitehall Hotel | 3.7% | 225,000 | 48,900 | 138,000 | 11,900 | 38,750 | ||||||||||
Loan | 9 | 611 Cowper | 3.4% | Springing | 37,308 | Springing | 930 | Springing | ||||||||||
Loan | 10 | Springfield Mall (33) | 3.4% | Springing | 566,919 | 174,917 | Springing | |||||||||||
Loan | 11 | Laguna Niguel Town Center | 2.8% | 7,601 | 208,966 | 18,997 | 5,172 | 1,724 | ||||||||||
Loan | 12 | Hacienda Gardens | 2.5% | 148,000 | 37,000 | 30,529 | 2,775 | |||||||||||
Loan | 13 | Washington Plaza | 2.4% | 4,025 | 133,333 | 16,667 | 47,509 | 4,319 | 38,031 | |||||||||
Loan | 14 | Carrollwood Station | 2.2% | 300,000 | 33,300 | 55,000 | 11,200 | |||||||||||
Loan | 15 | Murrieta Spectrum | 2.1% | 7,189 | 119,000 | 39,667 | 10,817 | 2,704 | ||||||||||
Loan | 16 | Westin Lake Mary | 2.1% | 263,826 | 26,383 | 186,193 | 16,927 | 29,400 |
A-1-23 |
COMM 2015-LC23 | ||||||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||
% of | Monthly | Upfront | Monthly | Upfront | Monthly | Upfront | ||||||||||||
Property | Initial Pool | TI/LC | Tax | Tax | Insurance | Insurance | Engineering | |||||||||||
Flag | ID | Property Name | Balance | Reserves ($)(28)(31) | Reserves($)(27) | Reserves ($)(28) | Reserves($)(27) | Reserves ($)(28) | Reserves($)(27) | |||||||||
Loan | 17 | Lake Creek Festival | 2.1% | 14,748 | 347,442 | 38,605 | Springing | 15,000 | ||||||||||
Loan | 18 | Wedgewood Building | 2.0% | 7,055 | 145,000 | 17,600 | 4,100 | 1,900 | ||||||||||
Loan | 19 | Kenhorst Plaza | 1.9% | Springing | 183,994 | 36,799 | 26,997 | 2,454 | 29,338 | |||||||||
Loan | 20 | Addison Town Center | 1.7% | 9,314 | 414,670 | 41,467 | 30,123 | 3,012 | 3,025 | |||||||||
Loan | 21 | A&H Olympic | 1.5% | Springing | 89,426 | 12,775 | Springing | |||||||||||
Loan | 22 | Brentwood Retail Center (35) | 1.4% | 1,314 | 68,000 | 7,930 | 27,000 | 2,500 | ||||||||||
Loan | 23 | A&H Maple Avenue | 1.4% | 2,083 | 66,046 | 8,256 | Springing | |||||||||||
Loan | 24 | BJs Montgomeryville | 1.2% | Springing | Springing | |||||||||||||
Loan | 25 | Colerain Center | 1.2% | 4,598 | 159,167 | 31,833 | 3,342 | 1,671 | 49,938 | |||||||||
Loan | 26 | Whitewater Place | 1.2% | 27,233 | 5,447 | 10,010 | 834 | |||||||||||
Loan | 27 | Brown Street Centre | 1.2% | 6,565 | 18,246 | 18,246 | 16,019 | 1,657 | 144,375 | |||||||||
Loan | 28 | Biltmore Parks Apartments | 1.1% | 325,000 | 32,500 | 30,260 | 4,323 | 25,938 | ||||||||||
Loan | 29 | Ortega Village - Retail | 1.1% | 92,090 | 8,372 | 2,287 | 1,144 | |||||||||||
Loan | 30 | Landings Shops and Offices | 0.9% | 8,518 | 97,957 | 21,768 | 2,228 | 2,228 | 17,078 | |||||||||
Property | 30.01 | Landings Shops and Offices | 0.5% | |||||||||||||||
Property | 30.02 | Progressive Properties | 0.3% | |||||||||||||||
Property | 30.03 | Kopf Offices | 0.2% | |||||||||||||||
Loan | 31 | Terraces on Second | 0.9% | 5,000 | 5,000 | 14,325 | 1,592 | |||||||||||
Loan | 32 | 75 Executive Drive (36) | 0.9% | Springing | 7,009 | 7,009 | 12,617 | 1,051 | 41,156 | |||||||||
Loan | 33 | Best Buy Boca Raton | 0.8% | 1,450 | Springing | Springing | ||||||||||||
Loan | 34 | Somerset Apartments | 0.8% | 36,396 | 6,066 | 17,644 | 5,881 | 125,688 | ||||||||||
Loan | 35 | Walgreens VA Beach | 0.8% | Springing | Springing | Springing | ||||||||||||
Loan | 36 | Holiday Inn Express & Suites Rockport | 0.8% | 66,763 | 6,069 | 18,298 | 6,099 | |||||||||||
Loan | 37 | Commons at Pembroke | 0.7% | 9,200 | 9,200 | 6,887 | 3,500 | |||||||||||
Loan | 38 | Monument Creek (36) | 0.7% | 4,030 | 1,007 | Springing | ||||||||||||
Loan | 39 | High Country Plaza | 0.7% | 2,140 | 37,336 | 3,111 | 604 | 302 | ||||||||||
Loan | 40 | Williamsburg Center | 0.7% | 5,280 | 45,000 | 12,252 | 2,976 | 1,438 | 25,003 | |||||||||
Property | 40.01 | 1734 Corporate Crossing | 0.2% | |||||||||||||||
Property | 40.02 | 1728 Corporate Crossing | 0.2% | |||||||||||||||
Property | 40.03 | 1722 Corporate Crossing | 0.1% | |||||||||||||||
Property | 40.04 | 1035 East Gate Drive | 0.1% | |||||||||||||||
Property | 40.05 | 735 Seibert Road | 0.1% | |||||||||||||||
Property | 40.06 | 703 Seibert Road | 0.0% | |||||||||||||||
Property | 40.07 | 723 Seibert Road | 0.0% | |||||||||||||||
Loan | 41 | Shops at Cardiff Ranch | 0.7% | 2,021 | 90,000 | 11,300 | 3,000 | 900 | ||||||||||
Loan | 42 | Cobblestone Court II | 0.5% | 137,242 | 15,249 | 2,689 | 2,689 | |||||||||||
Loan | 43 | Hampton Inn & Suites – Portland | 0.5% | 26,467 | 2,941 | 33,943 | 4,243 | 20,125 | ||||||||||
Loan | 44 | 40 Wall Street (33) | 0.5% | Springing | 1,515,525 | 505,175 | Springing | |||||||||||
Loan | 45 | Palisades of Bridgeport | 0.5% | 42,667 | 10,667 | 10,399 | 2,080 | 28,438 | ||||||||||
Loan | 46 | Walgreens Frisco TX | 0.4% | Springing | Springing | Springing | ||||||||||||
Loan | 47 | Walgreens-Goodwill Missouri TX | 0.4% | Springing | Springing | Springing | ||||||||||||
Loan | 48 | Warsaw Village | 0.4% | 1-24 payment dates $6,260.42 without Food Lion Extension; 1-24 payment dates $1,552.58 with Food Lion Extension; 25th payment date onwards $0 | 15,934 | 1,449 | 3,202 | 801 | 276,157 | |||||||||
Loan | 49 | Walton Shoppes | 0.4% | 2,580 | 29,678 | 5,936 | Springing | |||||||||||
Loan | 50 | Ortega Village- Pads | 0.4% | 39,181 | 3,562 | 523 | 261 | 5,675 | ||||||||||
Loan | 51 | 691 14th Street Retail | 0.4% | Springing | 25,236 | 2,294 | 1,630 | 408 | ||||||||||
Loan | 52 | Monte & Wishing Well | 0.3% | 27,215 | 6,804 | 2,415 | 483 | 10,925 | ||||||||||
Property | 52.01 | Monte Carlo MHC | 0.2% | |||||||||||||||
Property | 52.02 | Wishing Well MHP | 0.1% | |||||||||||||||
Loan | 53 | Ferndale Avenue Shoppes | 0.3% | 2,158 | 6,682 | 1,670 | Springing | |||||||||||
Loan | 54 | Courtyard Self Storage | 0.3% | 286 | 2,674 | 891 | 7,302 | 2,834 | ||||||||||
Loan | 55 | Bayonne MHP | 0.3% | 33,290 | 11,097 | 4,136 | 2,068 | 21,563 | ||||||||||
Loan | 56 | Best Western Cleveland Airport | 0.3% | 31,999 | 5,333 | 4,710 | 2,355 | |||||||||||
Loan | 57 | Eureka Crossings | 0.2% | 2,208 | 23,052 | 5,763 | Springing | |||||||||||
Loan | 58 | Family Dollar - Rose Hill (36) | 0.1% | Springing | Springing | |||||||||||||
Loan | 59 | Family Dollar - Moultrie (36) | 0.1% | Springing | Springing | |||||||||||||
Loan | 60 | Family Dollar - Biscoe (36) | 0.1% | Springing | Springing | |||||||||||||
Loan | 61 | Family Dollar - Rockingham (36) | 0.1% | Springing | Springing | |||||||||||||
Loan | 62 | Dollar General - De Soto (36) | 0.1% | 140 | 47 | Springing |
A-1-24 |
COMM 2015-LC23 | ||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||
% of | Upfront | Monthly | Other | |||||||||
Property | Initial Pool | Other | Other | Reserves | ||||||||
Flag | ID | Property Name | Balance | Reserves($)(27) | Reserves ($)(28)(29)(30) | Description | ||||||
Loan | 1 | Equity Inns Portfolio (33) | 8.3% | 10,000,000 | Required PIP Amount (Quarterly) | PIP Reserve (Upfront: 10,000,000; Quarterly: Required PIP Amount) | ||||||
Property | 1.01 | Homewood Suites Seattle | 1.5% | |||||||||
Property | 1.02 | Homewood Suites Orlando | 0.7% | |||||||||
Property | 1.03 | Courtyard Carlsbad | 0.5% | |||||||||
Property | 1.04 | Courtyard Houston | 0.5% | |||||||||
Property | 1.05 | Homewood Suites Stratford | 0.4% | |||||||||
Property | 1.06 | Hampton Inn Urbana | 0.4% | |||||||||
Property | 1.07 | Springhill Suites Asheville | 0.4% | |||||||||
Property | 1.08 | Hilton Garden Inn Louisville | 0.4% | |||||||||
Property | 1.09 | Hampton Inn Orlando | 0.4% | |||||||||
Property | 1.10 | Hampton Inn Austin | 0.4% | |||||||||
Property | 1.11 | Hampton Inn College Station | 0.4% | |||||||||
Property | 1.12 | Hampton Inn Indianapolis | 0.3% | |||||||||
Property | 1.13 | TownePlace Suites Savannah | 0.3% | |||||||||
Property | 1.14 | Hampton Inn East Lansing | 0.3% | |||||||||
Property | 1.15 | Hampton Inn Naperville | 0.3% | |||||||||
Property | 1.16 | Hilton Garden Inn Rio Rancho | 0.3% | |||||||||
Property | 1.17 | Courtyard Dalton | 0.2% | |||||||||
Property | 1.18 | Hampton Inn Alcoa | 0.2% | |||||||||
Property | 1.19 | Homewood Suites Augusta | 0.2% | |||||||||
Property | 1.20 | Residence Inn Jacksonville | 0.2% | |||||||||
Property | 1.21 | Hampton Inn Milford | 0.1% | |||||||||
Loan | 2 | 32 Avenue of the Americas (33)(36) | 7.3% | 1,796,381 | Free Rent Funds (Upfront: 1,796,381) | |||||||
Loan | 3 | 11 Madison Avenue (33)(34)(35) | 7.2% | 55,348,898 | Credit Suisse Sublease Payments (Upfront: 36,500,000); Sony Free Rent (Upfront: 18,847,898); Easement Fund (Upfront: 1,000) | |||||||
Loan | 4 | 1209 DeKalb (35)(36) | 4.8% | 93,227 | Prepaid Rent Reserve (Upfront: 93,227) | |||||||
Loan | 5 | Good Samaritan Medical Tower (36) | 4.4% | 1,028,474 | Free Rent (Upfront: 275,931); Suite 800 Lease Funds (Upfront: 452,542); Elevator Upgrade Funds (Upfront: 300,000); | |||||||
Loan | 6 | Harvey Building Products Portfolio (33) | 4.4% | |||||||||
Property | 6.01 | Londonderry Manufacturing | 0.8% | |||||||||
Property | 6.02 | Waltham Corporate | 0.4% | |||||||||
Property | 6.03 | Dartmouth Manufacturing | 0.4% | |||||||||
Property | 6.04 | Nashua | 0.2% | |||||||||
Property | 6.05 | West Bridgewater | 0.2% | |||||||||
Property | 6.06 | Woburn | 0.2% | |||||||||
Property | 6.07 | Manchester, NH | 0.2% | |||||||||
Property | 6.08 | New London | 0.1% | |||||||||
Property | 6.09 | East Haven | 0.1% | |||||||||
Property | 6.10 | Salem | 0.1% | |||||||||
Property | 6.11 | Bethlehem | 0.1% | |||||||||
Property | 6.12 | Lincoln | 0.1% | |||||||||
Property | 6.13 | Berlin | 0.1% | |||||||||
Property | 6.14 | Woburn CPD | 0.1% | |||||||||
Property | 6.15 | Norwalk | 0.1% | |||||||||
Property | 6.16 | Dartmouth | 0.1% | |||||||||
Property | 6.17 | Braintree | 0.1% | |||||||||
Property | 6.18 | Manchester, CT | 0.1% | |||||||||
Property | 6.19 | Portland | 0.1% | |||||||||
Property | 6.20 | Norwalk | 0.1% | |||||||||
Property | 6.21 | Warwick | 0.1% | |||||||||
Property | 6.22 | Fitchburg | 0.1% | |||||||||
Property | 6.23 | Auburn | 0.1% | |||||||||
Property | 6.24 | Portsmouth | 0.1% | |||||||||
Property | 6.25 | Southampton | 0.0% | |||||||||
Property | 6.26 | Hyannis | 0.0% | |||||||||
Property | 6.27 | Wilkes-Barre | 0.0% | |||||||||
Property | 6.28 | Berlin CPD | 0.0% | |||||||||
Property | 6.29 | Springfield | 0.0% | |||||||||
Property | 6.30 | White River Junction | 0.0% | |||||||||
Loan | 7 | Beach House Hilton Head (36) | 4.2% | 5,535,889 | Springing | Renovation Funds (Upfront: 4,877,111); Seasonal Working Capital (Upfront: 658,778, Monthly: Springing); PIP Funds (Monthly: Springing); Franchise Termination Funds (Monthly: Springing) | ||||||
Loan | 8 | Whitehall Hotel | 3.7% | 300,000 | 1/12 of 1% of annual operating income | Room Renovation Reserve (Upfront: 300,000); Capital Expense Reserve (Monthly: 1/12 of 1% of annual operating income) | ||||||
Loan | 9 | 611 Cowper | 3.4% | 1,620,000 | Springing | Free Rent (Upfront: 1,620,000); Lease Sweep Funds (Monthly: Springing); Common Charges (Monthly: Springing) | ||||||
Loan | 10 | Springfield Mall (33) | 3.4% | |||||||||
Loan | 11 | Laguna Niguel Town Center | 2.8% | Springing | Major Tenant Reserve Deposit (Monthly: Springing) | |||||||
Loan | 12 | Hacienda Gardens | 2.5% | 2,091,000 | Rent Concession Reserve (Upfront: 221,000); Earnout Reserve (Upfront: 1,870,000) | |||||||
Loan | 13 | Washington Plaza | 2.4% | |||||||||
Loan | 14 | Carrollwood Station | 2.2% | |||||||||
Loan | 15 | Murrieta Spectrum | 2.1% | 1,024,685 | Springing | Concession Reserve (Upfront: 168,994); Existing TI/LC Obligation Reserve (Upfront: 55,691); Earnout Reserve (Upfront: 800,000); Occupancy Reserve (Monthly: Springing) | ||||||
Loan | 16 | Westin Lake Mary | 2.1% | 1,452,172 | PIP Reserve (Upfront: 1,452,172) |
A-1-25 |
COMM 2015-LC23 | ||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||
% of | Upfront | Monthly | Other | |||||||||
Property | Initial Pool | Other | Other | Reserves | ||||||||
Flag | ID | Property Name | Balance | Reserves($)(27) | Reserves ($)(28)(29)(30) | Description | ||||||
Loan | 17 | Lake Creek Festival | 2.1% | 141,365 | Springing | Free Rent (Upfront: 141,365); Lease Sweep Funds (Monthly: Springing) | ||||||
Loan | 18 | Wedgewood Building | 2.0% | Springing | Special Rollover Reserve (Monthly: Springing) | |||||||
Loan | 19 | Kenhorst Plaza | 1.9% | 810,000 | Retro Fitness Reserve (Upfront: 810,000) | |||||||
Loan | 20 | Addison Town Center | 1.7% | 276,124 | Roof Repair Reserve (Upfront: 76,280); Free Rent Reserve (Upfront: 199,884) | |||||||
Loan | 21 | A&H Olympic | 1.5% | |||||||||
Loan | 22 | Brentwood Retail Center (35) | 1.4% | Springing | Special Rollover Reserve (Monthly: Springing) | |||||||
Loan | 23 | A&H Maple Avenue | 1.4% | |||||||||
Loan | 24 | BJs Montgomeryville | 1.2% | |||||||||
Loan | 25 | Colerain Center | 1.2% | |||||||||
Loan | 26 | Whitewater Place | 1.2% | 500,000 | Performance Reserve (Upfront: 500,000) | |||||||
Loan | 27 | Brown Street Centre | 1.2% | 198,947 | Springing | Free Rent (Upfront: 93,395); MBT Holdback (Upfront: 105,552); Lease Sweep Funds (Monthly: Springing) | ||||||
Loan | 28 | Biltmore Parks Apartments | 1.1% | |||||||||
Loan | 29 | Ortega Village - Retail | 1.1% | Springing | Major Tenant Reserve Deposit (Monthly: Springing) | |||||||
Loan | 30 | Landings Shops and Offices | 0.9% | 675,000 | Springing | Kopf Builders Rollover Reserve (Monthly: Springing); Earn-Out Reserve (Upfront: 675,000) | ||||||
Property | 30.01 | Landings Shops and Offices | 0.5% | |||||||||
Property | 30.02 | Progressive Properties | 0.3% | |||||||||
Property | 30.03 | Kopf Offices | 0.2% | |||||||||
Loan | 31 | Terraces on Second | 0.9% | |||||||||
Loan | 32 | 75 Executive Drive (36) | 0.9% | 79,015 | Free Rent Reserve (Upfront: 79,015) | |||||||
Loan | 33 | Best Buy Boca Raton | 0.8% | |||||||||
Loan | 34 | Somerset Apartments | 0.8% | |||||||||
Loan | 35 | Walgreens VA Beach | 0.8% | 59,375 | Springing | Environmental Reserve Funds (Upfront: 59,375, Monthly: Springing); Lease Sweep Funds (Monthly: Springing) | ||||||
Loan | 36 | Holiday Inn Express & Suites Rockport | 0.8% | 489,000 | Springing | PIP Reserve (Upfront: 379,000); Seasonality Reserve (Upfront: 110,000; Monthly: Springing) | ||||||
Loan | 37 | Commons at Pembroke | 0.7% | |||||||||
Loan | 38 | Monument Creek (36) | 0.7% | |||||||||
Loan | 39 | High Country Plaza | 0.7% | Springing | Major Tenant Reserve Deposit (Monthly: Springing) | |||||||
Loan | 40 | Williamsburg Center | 0.7% | 50,000 | Springing | Operating Reserve (Upfront: $50,000); Special Rollover Reserve (Monthly: Springing) | ||||||
Property | 40.01 | 1734 Corporate Crossing | 0.2% | |||||||||
Property | 40.02 | 1728 Corporate Crossing | 0.2% | |||||||||
Property | 40.03 | 1722 Corporate Crossing | 0.1% | |||||||||
Property | 40.04 | 1035 East Gate Drive | 0.1% | |||||||||
Property | 40.05 | 735 Seibert Road | 0.1% | |||||||||
Property | 40.06 | 703 Seibert Road | 0.0% | |||||||||
Property | 40.07 | 723 Seibert Road | 0.0% | |||||||||
Loan | 41 | Shops at Cardiff Ranch | 0.7% | 711,800 | Springing | Outstanding Tenant Improvement Reserve (Upfront: 711,800); Special Rollover Reserve (Monthly Springing: Excess Cash Flow) | ||||||
Loan | 42 | Cobblestone Court II | 0.5% | |||||||||
Loan | 43 | Hampton Inn & Suites – Portland | 0.5% | 1,030,000 | Springing | Seasonality Reserve (Upfront: 30,000; Monthly: Springing); PIP Reserve (Upfront: 1,000,000) | ||||||
Loan | 44 | 40 Wall Street (33) | 0.5% | 815,226 | Springing | Payment Reserve (Upfront: 815,226); Ground Rent Funds (Monthly: Springing) | ||||||
Loan | 45 | Palisades of Bridgeport | 0.5% | |||||||||
Loan | 46 | Walgreens Frisco TX | 0.4% | Springing | Lease Sweep Funds (Monthly: Springing) | |||||||
Loan | 47 | Walgreens-Goodwill Missouri TX | 0.4% | Springing | Lease Sweep Funds (Monthly: Springing) | |||||||
Loan | 48 | Warsaw Village | 0.4% | |||||||||
Loan | 49 | Walton Shoppes | 0.4% | Springing | Condominium Assessment Funds (Monthly: Springing) | |||||||
Loan | 50 | Ortega Village- Pads | 0.4% | Springing | Major Tenant Reserve Deposit (Monthly: Springing) | |||||||
Loan | 51 | 691 14th Street Retail | 0.4% | 500,000 | Springing | Occupancy Reserve (Upfront: 500,000); Special Rollover Reserve (Monthly Springing: Excess Cash Flow) | ||||||
Loan | 52 | Monte & Wishing Well | 0.3% | |||||||||
Property | 52.01 | Monte Carlo MHC | 0.2% | |||||||||
Property | 52.02 | Wishing Well MHP | 0.1% | |||||||||
Loan | 53 | Ferndale Avenue Shoppes | 0.3% | |||||||||
Loan | 54 | Courtyard Self Storage | 0.3% | |||||||||
Loan | 55 | Bayonne MHP | 0.3% | |||||||||
Loan | 56 | Best Western Cleveland Airport | 0.3% | 249,000 | Springing | PIP Reserve (Upfront: 230,000); Seasonality Reserve (Upfront: 19,000) | ||||||
Loan | 57 | Eureka Crossings | 0.2% | Springing | Lease Sweep Funds (Monthly: Springing) | |||||||
Loan | 58 | Family Dollar - Rose Hill (36) | 0.1% | |||||||||
Loan | 59 | Family Dollar - Moultrie (36) | 0.1% | |||||||||
Loan | 60 | Family Dollar - Biscoe (36) | 0.1% | |||||||||
Loan | 61 | Family Dollar - Rockingham (36) | 0.1% | |||||||||
Loan | 62 | Dollar General - De Soto (36) | 0.1% |
A-1-26 |
COMM 2015-LC23 | ||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||
% of | Environmental | |||||||||||
Property | Initial Pool | Report | Engineering | Loan | ||||||||
Flag | ID | Property Name | Balance | Date (32) | Report Date | Purpose | ||||||
Loan | 1 | Equity Inns Portfolio (33) | 8.3% | Refinance | ||||||||
Property | 1.01 | Homewood Suites Seattle | 1.5% | 08/25/2015 | 08/26/2015 | |||||||
Property | 1.02 | Homewood Suites Orlando | 0.7% | 08/25/2015 | 08/26/2015 | |||||||
Property | 1.03 | Courtyard Carlsbad | 0.5% | 08/25/2015 | 08/25/2015 | |||||||
Property | 1.04 | Courtyard Houston | 0.5% | 08/26/2015 | 08/20/2015 | |||||||
Property | 1.05 | Homewood Suites Stratford | 0.4% | 08/25/2015 | 08/26/2015 | |||||||
Property | 1.06 | Hampton Inn Urbana | 0.4% | 08/26/2015 | 08/28/2015 | |||||||
Property | 1.07 | Springhill Suites Asheville | 0.4% | 08/25/2015 | 08/26/2015 | |||||||
Property | 1.08 | Hilton Garden Inn Louisville | 0.4% | 08/25/2015 | 08/26/2015 | |||||||
Property | 1.09 | Hampton Inn Orlando | 0.4% | 08/24/2015 | 08/26/2015 | |||||||
Property | 1.10 | Hampton Inn Austin | 0.4% | 08/26/2015 | 08/28/2015 | |||||||
Property | 1.11 | Hampton Inn College Station | 0.4% | 08/26/2015 | 08/26/2015 | |||||||
Property | 1.12 | Hampton Inn Indianapolis | 0.3% | 08/26/2015 | 08/26/2015 | |||||||
Property | 1.13 | TownePlace Suites Savannah | 0.3% | 08/25/2015 | 08/26/2015 | |||||||
Property | 1.14 | Hampton Inn East Lansing | 0.3% | 08/26/2015 | 08/25/2015 | |||||||
Property | 1.15 | Hampton Inn Naperville | 0.3% | 08/26/2015 | 08/25/2015 | |||||||
Property | 1.16 | Hilton Garden Inn Rio Rancho | 0.3% | 08/26/2015 | 08/26/2015 | |||||||
Property | 1.17 | Courtyard Dalton | 0.2% | 08/25/2015 | 08/25/2015 | |||||||
Property | 1.18 | Hampton Inn Alcoa | 0.2% | 08/24/2015 | 08/26/2015 | |||||||
Property | 1.19 | Homewood Suites Augusta | 0.2% | 08/25/2015 | 08/20/2015 | |||||||
Property | 1.20 | Residence Inn Jacksonville | 0.2% | 08/25/2015 | 08/26/2015 | |||||||
Property | 1.21 | Hampton Inn Milford | 0.1% | 08/26/2015 | 08/26/2015 | |||||||
Loan | 2 | 32 Avenue of the Americas (33)(36) | 7.3% | 08/04/2015 | 08/04/2015 | Refinance | ||||||
Loan | 3 | 11 Madison Avenue (33)(34)(35) | 7.2% | 04/30/2015 | 04/30/2015 | Acquisition | ||||||
Loan | 4 | 1209 DeKalb (35)(36) | 4.8% | 08/21/2015 | 08/24/2015 | Refinance | ||||||
Loan | 5 | Good Samaritan Medical Tower (36) | 4.4% | 09/03/2015 | 07/28/2015 | Refinance | ||||||
Loan | 6 | Harvey Building Products Portfolio (33) | 4.4% | Acquisition | ||||||||
Property | 6.01 | Londonderry Manufacturing | 0.8% | 09/10/2015 | 09/18/2015 | |||||||
Property | 6.02 | Waltham Corporate | 0.4% | 09/14/2015 | 09/18/2015 | |||||||
Property | 6.03 | Dartmouth Manufacturing | 0.4% | 09/10/2015 | 09/18/2015 | |||||||
Property | 6.04 | Nashua | 0.2% | 09/14/2015 | 09/18/2015 | |||||||
Property | 6.05 | West Bridgewater | 0.2% | 09/11/2015 | 09/18/2015 | |||||||
Property | 6.06 | Woburn | 0.2% | 09/11/2015 | 09/18/2015 | |||||||
Property | 6.07 | Manchester, NH | 0.2% | 09/09/2015 | 09/18/2015 | |||||||
Property | 6.08 | New London | 0.1% | 09/14/2015 | 09/18/2015 | |||||||
Property | 6.09 | East Haven | 0.1% | 09/10/2015 | 09/18/2015 | |||||||
Property | 6.10 | Salem | 0.1% | 09/14/2015 | 09/18/2015 | |||||||
Property | 6.11 | Bethlehem | 0.1% | 09/14/2015 | 09/18/2015 | |||||||
Property | 6.12 | Lincoln | 0.1% | 09/14/2015 | 09/18/2015 | |||||||
Property | 6.13 | Berlin | 0.1% | 09/14/2015 | 09/18/2015 | |||||||
Property | 6.14 | Woburn CPD | 0.1% | 09/11/2015 | 09/17/2015 | |||||||
Property | 6.15 | Norwalk | 0.1% | 09/14/2015 | 09/18/2015 | |||||||
Property | 6.16 | Dartmouth | 0.1% | 09/14/2015 | 09/18/2015 | |||||||
Property | 6.17 | Braintree | 0.1% | 09/14/2015 | 09/18/2015 | |||||||
Property | 6.18 | Manchester, CT | 0.1% | 09/14/2015 | 09/18/2015 | |||||||
Property | 6.19 | Portland | 0.1% | 09/16/2015 | 09/18/2015 | |||||||
Property | 6.20 | Norwalk | 0.1% | 09/14/2015 | 09/17/2015 | |||||||
Property | 6.21 | Warwick | 0.1% | 09/11/2015 | 09/18/2015 | |||||||
Property | 6.22 | Fitchburg | 0.1% | 09/14/2015 | 09/18/2015 | |||||||
Property | 6.23 | Auburn | 0.1% | 09/14/2015 | 09/18/2015 | |||||||
Property | 6.24 | Portsmouth | 0.1% | 09/14/2015 | 09/18/2015 | |||||||
Property | 6.25 | Southampton | 0.0% | 09/14/2015 | 09/18/2015 | |||||||
Property | 6.26 | Hyannis | 0.0% | 09/11/2015 | 09/18/2015 | |||||||
Property | 6.27 | Wilkes-Barre | 0.0% | 09/11/2015 | 09/17/2015 | |||||||
Property | 6.28 | Berlin CPD | 0.0% | 09/14/2015 | 09/17/2015 | |||||||
Property | 6.29 | Springfield | 0.0% | 09/11/2015 | 09/18/2015 | |||||||
Property | 6.30 | White River Junction | 0.0% | 09/11/2015 | 09/18/2015 | |||||||
Loan | 7 | Beach House Hilton Head (36) | 4.2% | 08/24/2015 | 09/01/2015 | Acquisition | ||||||
Loan | 8 | Whitehall Hotel | 3.7% | 09/08/2015 | 09/01/2015 | Refinance | ||||||
Loan | 9 | 611 Cowper | 3.4% | 06/05/2015 | 07/13/2015 | Refinance | ||||||
Loan | 10 | Springfield Mall (33) | 3.4% | 09/09/2015 | 08/18/2015 | Refinance | ||||||
Loan | 11 | Laguna Niguel Town Center | 2.8% | 08/28/2015 | 06/12/2015 | Refinance | ||||||
Loan | 12 | Hacienda Gardens | 2.5% | 07/27/2015 | 07/24/2015 | Refinance | ||||||
Loan | 13 | Washington Plaza | 2.4% | 07/30/2015 | 07/30/2015 | Refinance | ||||||
Loan | 14 | Carrollwood Station | 2.2% | 08/18/2015 | 08/18/2015 | Acquisition | ||||||
Loan | 15 | Murrieta Spectrum | 2.1% | 10/06/2015 | 08/10/2015 | Refinance | ||||||
Loan | 16 | Westin Lake Mary | 2.1% | 06/26/2015 | 06/26/2015 | Refinance |
A-1-27 |
COMM 2015-LC23 | ||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||
% of | Environmental | |||||||||||
Property | Initial Pool | Report | Engineering | Loan | ||||||||
Flag | ID | Property Name | Balance | Date (32) | Report Date | Purpose | ||||||
Loan | 17 | Lake Creek Festival | 2.1% | 07/15/2015 | 07/14/2015 | Refinance | ||||||
Loan | 18 | Wedgewood Building | 2.0% | 08/19/2015 | 08/21/2015 | Refinance | ||||||
Loan | 19 | Kenhorst Plaza | 1.9% | 08/24/2015 | 07/29/2015 | Acquisition | ||||||
Loan | 20 | Addison Town Center | 1.7% | 07/18/2015 | 07/17/2015 | Refinance | ||||||
Loan | 21 | A&H Olympic | 1.5% | 06/10/2015 | 06/10/2015 | Refinance | ||||||
Loan | 22 | Brentwood Retail Center (35) | 1.4% | 08/06/2015 | 07/28/2015 | Recapitalization | ||||||
Loan | 23 | A&H Maple Avenue | 1.4% | 06/10/2015 | 06/10/2015 | Refinance | ||||||
Loan | 24 | BJs Montgomeryville | 1.2% | 08/10/2015 | 08/07/2015 | Refinance | ||||||
Loan | 25 | Colerain Center | 1.2% | 09/02/2015 | 06/11/2015 | Acquisition | ||||||
Loan | 26 | Whitewater Place | 1.2% | 09/25/2015 | 09/25/2015 | Refinance | ||||||
Loan | 27 | Brown Street Centre | 1.2% | 04/22/2015 | 04/22/2015 | Refinance | ||||||
Loan | 28 | Biltmore Parks Apartments | 1.1% | 09/14/2015 | 09/03/2015 | Refinance | ||||||
Loan | 29 | Ortega Village - Retail | 1.1% | 06/11/2015 | 06/10/2015 | Refinance | ||||||
Loan | 30 | Landings Shops and Offices | 0.9% | Refinance | ||||||||
Property | 30.01 | Landings Shops and Offices | 0.5% | 06/09/2015 | 05/22/2015 | |||||||
Property | 30.02 | Progressive Properties | 0.3% | 05/27/2015 | 05/22/2015 | |||||||
Property | 30.03 | Kopf Offices | 0.2% | 07/27/2015 | 05/22/2015 | |||||||
Loan | 31 | Terraces on Second | 0.9% | 08/24/2015 | 08/21/2015 | Refinance | ||||||
Loan | 32 | 75 Executive Drive (36) | 0.9% | 07/02/2015 | 07/03/2015 | Refinance | ||||||
Loan | 33 | Best Buy Boca Raton | 0.8% | 09/01/2015 | 09/01/2015 | Acquisition | ||||||
Loan | 34 | Somerset Apartments | 0.8% | 09/17/2015 | 09/17/2015 | Refinance | ||||||
Loan | 35 | Walgreens VA Beach | 0.8% | 08/13/2015 | 07/29/2015 | Acquisition | ||||||
Loan | 36 | Holiday Inn Express & Suites Rockport | 0.8% | 07/16/2015 | 07/14/2015 | Refinance | ||||||
Loan | 37 | Commons at Pembroke | 0.7% | 08/18/2015 | 08/17/2015 | Acquisition | ||||||
Loan | 38 | Monument Creek (36) | 0.7% | 08/13/2015 | 08/13/2015 | Acquisition | ||||||
Loan | 39 | High Country Plaza | 0.7% | 06/05/2015 | 06/05/2015 | Refinance | ||||||
Loan | 40 | Williamsburg Center | 0.7% | Refinance | ||||||||
Property | 40.01 | 1734 Corporate Crossing | 0.2% | 07/30/2015 | 07/30/2015 | |||||||
Property | 40.02 | 1728 Corporate Crossing | 0.2% | 07/30/2015 | 07/30/2015 | |||||||
Property | 40.03 | 1722 Corporate Crossing | 0.1% | 07/30/2015 | 07/30/2015 | |||||||
Property | 40.04 | 1035 East Gate Drive | 0.1% | 07/27/2015 | 07/28/2015 | |||||||
Property | 40.05 | 735 Seibert Road | 0.1% | 07/30/2015 | 07/29/2015 | |||||||
Property | 40.06 | 703 Seibert Road | 0.0% | 07/30/2015 | 07/29/2015 | |||||||
Property | 40.07 | 723 Seibert Road | 0.0% | 07/30/2015 | 07/29/2015 | |||||||
Loan | 41 | Shops at Cardiff Ranch | 0.7% | 08/17/2015 | 08/14/2015 | Refinance | ||||||
Loan | 42 | Cobblestone Court II | 0.5% | 07/15/2015 | 07/14/2015 | Refinance | ||||||
Loan | 43 | Hampton Inn & Suites – Portland | 0.5% | 07/07/2015 | 07/06/2015 | Acquisition | ||||||
Loan | 44 | 40 Wall Street (33) | 0.5% | 06/03/2015 | 05/28/2015 | Refinance | ||||||
Loan | 45 | Palisades of Bridgeport | 0.5% | 09/17/2015 | 07/28/2015 | Refinance | ||||||
Loan | 46 | Walgreens Frisco TX | 0.4% | 07/22/2015 | 07/28/2015 | Refinance | ||||||
Loan | 47 | Walgreens-Goodwill Missouri TX | 0.4% | 07/20/2015 | 07/20/2015 | Refinance | ||||||
Loan | 48 | Warsaw Village | 0.4% | 08/19/2015 | 08/14/2015 | Refinance | ||||||
Loan | 49 | Walton Shoppes | 0.4% | 08/03/2015 | 07/31/2015 | Recapitalization | ||||||
Loan | 50 | Ortega Village- Pads | 0.4% | 06/11/2015 | 06/10/2015 | Refinance | ||||||
Loan | 51 | 691 14th Street Retail | 0.4% | 06/05/2015 | 05/07/2015 | Refinance | ||||||
Loan | 52 | Monte & Wishing Well | 0.3% | Refinance | ||||||||
Property | 52.01 | Monte Carlo MHC | 0.2% | 05/21/2015 | 05/20/2015 | |||||||
Property | 52.02 | Wishing Well MHP | 0.1% | 05/22/2015 | 05/20/2015 | |||||||
Loan | 53 | Ferndale Avenue Shoppes | 0.3% | 07/31/2015 | 07/29/2015 | Refinance | ||||||
Loan | 54 | Courtyard Self Storage | 0.3% | 09/17/2015 | 08/24/2015 | Refinance | ||||||
Loan | 55 | Bayonne MHP | 0.3% | 07/01/2015 | 07/01/2015 | Refinance | ||||||
Loan | 56 | Best Western Cleveland Airport | 0.3% | 08/24/2015 | 08/14/2015 | Acquisition | ||||||
Loan | 57 | Eureka Crossings | 0.2% | 07/30/2015 | 09/08/2015 | Refinance | ||||||
Loan | 58 | Family Dollar - Rose Hill (36) | 0.1% | 05/18/2015 | 05/18/2015 | Acquisition | ||||||
Loan | 59 | Family Dollar - Moultrie (36) | 0.1% | 05/19/2015 | 05/17/2015 | Acquisition | ||||||
Loan | 60 | Family Dollar - Biscoe (36) | 0.1% | 05/19/2015 | 05/18/2015 | Acquisition | ||||||
Loan | 61 | Family Dollar - Rockingham (36) | 0.1% | 05/18/2015 | 05/14/2015 | Acquisition | ||||||
Loan | 62 | Dollar General - De Soto (36) | 0.1% | 08/14/2015 | 08/17/2015 | Acquisition |
A-1-28 |
COMM 2015-LC23 | ||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||
% of | ||||||||
Property | Initial Pool | |||||||
Flag | ID | Property Name | Balance | Sponsor (26) | ||||
Loan | 1 | Equity Inns Portfolio (33) | 8.3% | American Realty Capital Hospitality Trust, Inc. | ||||
Property | 1.01 | Homewood Suites Seattle | 1.5% | |||||
Property | 1.02 | Homewood Suites Orlando | 0.7% | |||||
Property | 1.03 | Courtyard Carlsbad | 0.5% | |||||
Property | 1.04 | Courtyard Houston | 0.5% | |||||
Property | 1.05 | Homewood Suites Stratford | 0.4% | |||||
Property | 1.06 | Hampton Inn Urbana | 0.4% | |||||
Property | 1.07 | Springhill Suites Asheville | 0.4% | |||||
Property | 1.08 | Hilton Garden Inn Louisville | 0.4% | |||||
Property | 1.09 | Hampton Inn Orlando | 0.4% | |||||
Property | 1.10 | Hampton Inn Austin | 0.4% | |||||
Property | 1.11 | Hampton Inn College Station | 0.4% | |||||
Property | 1.12 | Hampton Inn Indianapolis | 0.3% | |||||
Property | 1.13 | TownePlace Suites Savannah | 0.3% | |||||
Property | 1.14 | Hampton Inn East Lansing | 0.3% | |||||
Property | 1.15 | Hampton Inn Naperville | 0.3% | |||||
Property | 1.16 | Hilton Garden Inn Rio Rancho | 0.3% | |||||
Property | 1.17 | Courtyard Dalton | 0.2% | |||||
Property | 1.18 | Hampton Inn Alcoa | 0.2% | |||||
Property | 1.19 | Homewood Suites Augusta | 0.2% | |||||
Property | 1.20 | Residence Inn Jacksonville | 0.2% | |||||
Property | 1.21 | Hampton Inn Milford | 0.1% | |||||
Loan | 2 | 32 Avenue of the Americas (33)(36) | 7.3% | Jack Rudin; William C. Rudin; Eric C. Rudin; Beth Rudin DeWoody | ||||
Loan | 3 | 11 Madison Avenue (33)(34)(35) | 7.2% | SL Green Realty Corp. | ||||
Loan | 4 | 1209 DeKalb (35)(36) | 4.8% | Joshua Crane, Robert Schwartz | ||||
Loan | 5 | Good Samaritan Medical Tower (36) | 4.4% | Edward G. Hudson | ||||
Loan | 6 | Harvey Building Products Portfolio (33) | 4.4% | Dunes Point Capital | ||||
Property | 6.01 | Londonderry Manufacturing | 0.8% | |||||
Property | 6.02 | Waltham Corporate | 0.4% | |||||
Property | 6.03 | Dartmouth Manufacturing | 0.4% | |||||
Property | 6.04 | Nashua | 0.2% | |||||
Property | 6.05 | West Bridgewater | 0.2% | |||||
Property | 6.06 | Woburn | 0.2% | |||||
Property | 6.07 | Manchester, NH | 0.2% | |||||
Property | 6.08 | New London | 0.1% | |||||
Property | 6.09 | East Haven | 0.1% | |||||
Property | 6.10 | Salem | 0.1% | |||||
Property | 6.11 | Bethlehem | 0.1% | |||||
Property | 6.12 | Lincoln | 0.1% | |||||
Property | 6.13 | Berlin | 0.1% | |||||
Property | 6.14 | Woburn CPD | 0.1% | |||||
Property | 6.15 | Norwalk | 0.1% | |||||
Property | 6.16 | Dartmouth | 0.1% | |||||
Property | 6.17 | Braintree | 0.1% | |||||
Property | 6.18 | Manchester, CT | 0.1% | |||||
Property | 6.19 | Portland | 0.1% | |||||
Property | 6.20 | Norwalk | 0.1% | |||||
Property | 6.21 | Warwick | 0.1% | |||||
Property | 6.22 | Fitchburg | 0.1% | |||||
Property | 6.23 | Auburn | 0.1% | |||||
Property | 6.24 | Portsmouth | 0.1% | |||||
Property | 6.25 | Southampton | 0.0% | |||||
Property | 6.26 | Hyannis | 0.0% | |||||
Property | 6.27 | Wilkes-Barre | 0.0% | |||||
Property | 6.28 | Berlin CPD | 0.0% | |||||
Property | 6.29 | Springfield | 0.0% | |||||
Property | 6.30 | White River Junction | 0.0% | |||||
Loan | 7 | Beach House Hilton Head (36) | 4.2% | Mark Mance; Simon Hallgarten; David Zeuske; Matthew Trevenen | ||||
Loan | 8 | Whitehall Hotel | 3.7% | Su-Mei Yen; Hui-Hsien Bert Yen | ||||
Loan | 9 | 611 Cowper | 3.4% | Stephen Reller; Mark Moragne | ||||
Loan | 10 | Springfield Mall (33) | 3.4% | PREIT Associates, L.P.; Simon Property Group, L.P. | ||||
Loan | 11 | Laguna Niguel Town Center | 2.8% | Robert F. Buie; Robert F. Buie, as Trustee of the Robert F. Buie and Pamela I. Buie Family Trust Under Trust Agreement; Jeffry L. Stoddard; Jeffry L. Stoddard, as Trustee of the Jeff and Kris Stoddard Living Trust | ||||
Loan | 12 | Hacienda Gardens | 2.5% | Michael T. LaBarbera; Robert B. Facchino, II | ||||
Loan | 13 | Washington Plaza | 2.4% | Dennis Needleman | ||||
Loan | 14 | Carrollwood Station | 2.2% | LMA Limited Partnership; Glider LLC | ||||
Loan | 15 | Murrieta Spectrum | 2.1% | Steve ChengChe Chou; TsuHo Lee | ||||
Loan | 16 | Westin Lake Mary | 2.1% | Mohana R. Velagapudi; K. Rao Yedla; Srinath R. Yedla; Satya N. Yedla |
A-1-29 |
COMM 2015-LC23 | ||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||
% of | ||||||||
Property | Initial Pool | |||||||
Flag | ID | Property Name | Balance | Sponsor (26) | ||||
Loan | 17 | Lake Creek Festival | 2.1% | William Bernstein Qualified Terminable Interest Property Trust; RBC Miller Brothers Trust; Richard Miller; Craig Miller; Barton Miller | ||||
Loan | 18 | Wedgewood Building | 2.0% | Gregory L. Geiser; David R. Wehrly; Darin Puhl | ||||
Loan | 19 | Kenhorst Plaza | 1.9% | Paul Sub | ||||
Loan | 20 | Addison Town Center | 1.7% | Herbert D. Weitzman | ||||
Loan | 21 | A&H Olympic | 1.5% | Moshe Aflalo; Efrem Harkham; Uri Harkham | ||||
Loan | 22 | Brentwood Retail Center (35) | 1.4% | Bryan Gordon | ||||
Loan | 23 | A&H Maple Avenue | 1.4% | Moshe Aflalo; Efrem Harkham; Uri Harkham | ||||
Loan | 24 | BJs Montgomeryville | 1.2% | Richard Birdoff | ||||
Loan | 25 | Colerain Center | 1.2% | Bryan Berkett; David Rifkind | ||||
Loan | 26 | Whitewater Place | 1.2% | David M. Conwill; Steven B. Kimmelman; Keith Ritz; Steven B. Kimmelman as Trustee of The Jerome Kimmelman Gift Trust; Keith Ritz as Trustee of The Sanford L. Ritz Gift Trust | ||||
Loan | 27 | Brown Street Centre | 1.2% | Todd Mooney | ||||
Loan | 28 | Biltmore Parks Apartments | 1.1% | Alan J. Hayman | ||||
Loan | 29 | Ortega Village - Retail | 1.1% | Robert F. Buie; Robert F. Buie, as Trustee of the Robert F. Buie and Pamela I. Buie Family Trust Under Trust Agreement; Jeffry L. Stoddard, as Trustee of the Jeff and Kris Stoddard Living Trust | ||||
Loan | 30 | Landings Shops and Offices | 0.9% | Herman R. Kopf Revocable Trust Dated January 5, 2006; Herman R. Kopf | ||||
Property | 30.01 | Landings Shops and Offices | 0.5% | |||||
Property | 30.02 | Progressive Properties | 0.3% | |||||
Property | 30.03 | Kopf Offices | 0.2% | |||||
Loan | 31 | Terraces on Second | 0.9% | Rodney Poole | ||||
Loan | 32 | 75 Executive Drive (36) | 0.9% | Andrew J. Segal | ||||
Loan | 33 | Best Buy Boca Raton | 0.8% | Gittel Bausk | ||||
Loan | 34 | Somerset Apartments | 0.8% | David Burns, Debra Dout | ||||
Loan | 35 | Walgreens VA Beach | 0.8% | Joseph Plotnick; Chris Steiner; Howard Hertz; Jeffrey Leibovitz; Darryl Stineman; John Hobson | ||||
Loan | 36 | Holiday Inn Express & Suites Rockport | 0.8% | Kanti Bhakta; Divyeshbhai Bhakta; Satish Patel; Raju Bhagat | ||||
Loan | 37 | Commons at Pembroke | 0.7% | Nasser Ahmad; Cyrus Boga | ||||
Loan | 38 | Monument Creek (36) | 0.7% | Ross H. Partrich | ||||
Loan | 39 | High Country Plaza | 0.7% | Robert F. Buie; Robert F. Buie, as Trustee of the Robert F. Buie and Pamela I. Buie Family Trust Under Trust Agreement; Jeffry L. Stoddard, as Trustee of the Jeff and Kris Stoddard Living Trust | ||||
Loan | 40 | Williamsburg Center | 0.7% | Robert G. Wolfe | ||||
Property | 40.01 | 1734 Corporate Crossing | 0.2% | |||||
Property | 40.02 | 1728 Corporate Crossing | 0.2% | |||||
Property | 40.03 | 1722 Corporate Crossing | 0.1% | |||||
Property | 40.04 | 1035 East Gate Drive | 0.1% | |||||
Property | 40.05 | 735 Seibert Road | 0.1% | |||||
Property | 40.06 | 703 Seibert Road | 0.0% | |||||
Property | 40.07 | 723 Seibert Road | 0.0% | |||||
Loan | 41 | Shops at Cardiff Ranch | 0.7% | Randall D. Keith | ||||
Loan | 42 | Cobblestone Court II | 0.5% | Louis J. Masi; Mary Louise Szefc | ||||
Loan | 43 | Hampton Inn & Suites – Portland | 0.5% | Mahavir Bhagat; Vilina Bhagat | ||||
Loan | 44 | 40 Wall Street (33) | 0.5% | Donald J. Trump | ||||
Loan | 45 | Palisades of Bridgeport | 0.5% | Wilfredo Santos | ||||
Loan | 46 | Walgreens Frisco TX | 0.4% | Michael D. Gorge | ||||
Loan | 47 | Walgreens-Goodwill Missouri TX | 0.4% | Michael D. Gorge | ||||
Loan | 48 | Warsaw Village | 0.4% | William R. Elliott; Thomas E. Messier | ||||
Loan | 49 | Walton Shoppes | 0.4% | Nisreen Jonna; Jordan Jonna; Scott Jonna | ||||
Loan | 50 | Ortega Village- Pads | 0.4% | Robert F. Buie; Robert F. Buie, as Trustee of the Robert F. Buie and Pamela I. Buie Family Trust Under Trust Agreement; Jeffry L. Stoddard, as Trustee of the Jeff and Kris Stoddard Living Trust | ||||
Loan | 51 | 691 14th Street Retail | 0.4% | J. Christopher Faussemagne; Michael Millett | ||||
Loan | 52 | Monte & Wishing Well | 0.3% | Jeffrey N. Cohen; Dennis S. Cohen | ||||
Property | 52.01 | Monte Carlo MHC | 0.2% | |||||
Property | 52.02 | Wishing Well MHP | 0.1% | |||||
Loan | 53 | Ferndale Avenue Shoppes | 0.3% | Jordan Jonna; Scott Jonna | ||||
Loan | 54 | Courtyard Self Storage | 0.3% | Edward P. McKenzie | ||||
Loan | 55 | Bayonne MHP | 0.3% | Min Kim | ||||
Loan | 56 | Best Western Cleveland Airport | 0.3% | Anand Bhakta | ||||
Loan | 57 | Eureka Crossings | 0.2% | Nisreen Jonna; Jordan Jonna; Scott Jonna | ||||
Loan | 58 | Family Dollar - Rose Hill (36) | 0.1% | Ladder Capital CRE Equity LLC | ||||
Loan | 59 | Family Dollar - Moultrie (36) | 0.1% | Ladder Capital CRE Equity LLC | ||||
Loan | 60 | Family Dollar - Biscoe (36) | 0.1% | Ladder Capital CRE Equity LLC | ||||
Loan | 61 | Family Dollar - Rockingham (36) | 0.1% | Ladder Capital CRE Equity LLC | ||||
Loan | 62 | Dollar General - De Soto (36) | 0.1% | Ladder Capital CRE Equity LLC |
A-1-30 |
COMM 2015-LC23 | ||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||
% of | ||||||||
Property | Initial Pool | |||||||
Flag | ID | Property Name | Balance | Guarantor | ||||
Loan | 1 | Equity Inns Portfolio (33) | 8.3% | American Realty Capital Hospitality Trust, Inc. | ||||
Property | 1.01 | Homewood Suites Seattle | 1.5% | |||||
Property | 1.02 | Homewood Suites Orlando | 0.7% | |||||
Property | 1.03 | Courtyard Carlsbad | 0.5% | |||||
Property | 1.04 | Courtyard Houston | 0.5% | |||||
Property | 1.05 | Homewood Suites Stratford | 0.4% | |||||
Property | 1.06 | Hampton Inn Urbana | 0.4% | |||||
Property | 1.07 | Springhill Suites Asheville | 0.4% | |||||
Property | 1.08 | Hilton Garden Inn Louisville | 0.4% | |||||
Property | 1.09 | Hampton Inn Orlando | 0.4% | |||||
Property | 1.10 | Hampton Inn Austin | 0.4% | |||||
Property | 1.11 | Hampton Inn College Station | 0.4% | |||||
Property | 1.12 | Hampton Inn Indianapolis | 0.3% | |||||
Property | 1.13 | TownePlace Suites Savannah | 0.3% | |||||
Property | 1.14 | Hampton Inn East Lansing | 0.3% | |||||
Property | 1.15 | Hampton Inn Naperville | 0.3% | |||||
Property | 1.16 | Hilton Garden Inn Rio Rancho | 0.3% | |||||
Property | 1.17 | Courtyard Dalton | 0.2% | |||||
Property | 1.18 | Hampton Inn Alcoa | 0.2% | |||||
Property | 1.19 | Homewood Suites Augusta | 0.2% | |||||
Property | 1.20 | Residence Inn Jacksonville | 0.2% | |||||
Property | 1.21 | Hampton Inn Milford | 0.1% | |||||
Loan | 2 | 32 Avenue of the Americas (33)(36) | 7.3% | NAP | ||||
Loan | 3 | 11 Madison Avenue (33)(34)(35) | 7.2% | SL Green Realty Corp. | ||||
Loan | 4 | 1209 DeKalb (35)(36) | 4.8% | Joshua Crane, Robert Schwartz | ||||
Loan | 5 | Good Samaritan Medical Tower (36) | 4.4% | Edward G. Hudson | ||||
Loan | 6 | Harvey Building Products Portfolio (33) | 4.4% | Harvey Parent Corporation | ||||
Property | 6.01 | Londonderry Manufacturing | 0.8% | |||||
Property | 6.02 | Waltham Corporate | 0.4% | |||||
Property | 6.03 | Dartmouth Manufacturing | 0.4% | |||||
Property | 6.04 | Nashua | 0.2% | |||||
Property | 6.05 | West Bridgewater | 0.2% | |||||
Property | 6.06 | Woburn | 0.2% | |||||
Property | 6.07 | Manchester, NH | 0.2% | |||||
Property | 6.08 | New London | 0.1% | |||||
Property | 6.09 | East Haven | 0.1% | |||||
Property | 6.10 | Salem | 0.1% | |||||
Property | 6.11 | Bethlehem | 0.1% | |||||
Property | 6.12 | Lincoln | 0.1% | |||||
Property | 6.13 | Berlin | 0.1% | |||||
Property | 6.14 | Woburn CPD | 0.1% | |||||
Property | 6.15 | Norwalk | 0.1% | |||||
Property | 6.16 | Dartmouth | 0.1% | |||||
Property | 6.17 | Braintree | 0.1% | |||||
Property | 6.18 | Manchester, CT | 0.1% | |||||
Property | 6.19 | Portland | 0.1% | |||||
Property | 6.20 | Norwalk | 0.1% | |||||
Property | 6.21 | Warwick | 0.1% | |||||
Property | 6.22 | Fitchburg | 0.1% | |||||
Property | 6.23 | Auburn | 0.1% | |||||
Property | 6.24 | Portsmouth | 0.1% | |||||
Property | 6.25 | Southampton | 0.0% | |||||
Property | 6.26 | Hyannis | 0.0% | |||||
Property | 6.27 | Wilkes-Barre | 0.0% | |||||
Property | 6.28 | Berlin CPD | 0.0% | |||||
Property | 6.29 | Springfield | 0.0% | |||||
Property | 6.30 | White River Junction | 0.0% | |||||
Loan | 7 | Beach House Hilton Head (36) | 4.2% | Mark Mance; Simon Hallgarten; David Zeuske; Matthew Trevenen | ||||
Loan | 8 | Whitehall Hotel | 3.7% | Su-Mei Yen; Hui-Hsien Bert Yen | ||||
Loan | 9 | 611 Cowper | 3.4% | Stephen Reller; Mark Moragne | ||||
Loan | 10 | Springfield Mall (33) | 3.4% | PREIT Associates, L.P.; Simon Property Group, L.P. | ||||
Loan | 11 | Laguna Niguel Town Center | 2.8% | Robert F. Buie; Robert F. Buie, as Trustee of the Robert F. Buie and Pamela I. Buie Family Trust Under Trust Agreement; Jeffry L. Stoddard; Jeffry L. Stoddard, as Trustee of the Jeff and Kris Stoddard Living Trust | ||||
Loan | 12 | Hacienda Gardens | 2.5% | Michael T. LaBarbera; Robert B. Facchino, II | ||||
Loan | 13 | Washington Plaza | 2.4% | Dennis Needleman | ||||
Loan | 14 | Carrollwood Station | 2.2% | LMA Limited Partnership; Glider LLC | ||||
Loan | 15 | Murrieta Spectrum | 2.1% | Steve ChengChe Chou; TsuHo Lee | ||||
Loan | 16 | Westin Lake Mary | 2.1% | Mohana R. Velagapudi; K. Rao Yedla; Srinath R. Yedla; Satya N. Yedla |
A-1-31 |
COMM 2015-LC23 | ||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||
% of | ||||||||
Property | Initial Pool | |||||||
Flag | ID | Property Name | Balance | Guarantor | ||||
Loan | 17 | Lake Creek Festival | 2.1% | William Bernstein Qualified Terminable Interest Property Trust; RBC Miller Brothers Trust; Richard Miller; Craig Miller; Barton Miller | ||||
Loan | 18 | Wedgewood Building | 2.0% | Gregory L. Geiser; David R. Wehrly; Darin Puhl | ||||
Loan | 19 | Kenhorst Plaza | 1.9% | Paul Sub | ||||
Loan | 20 | Addison Town Center | 1.7% | Herbert D. Weitzman | ||||
Loan | 21 | A&H Olympic | 1.5% | Moshe Aflalo; Efrem Harkham; Uri Harkham | ||||
Loan | 22 | Brentwood Retail Center (35) | 1.4% | Bryan Gordon | ||||
Loan | 23 | A&H Maple Avenue | 1.4% | Moshe Aflalo; Efrem Harkham; Uri Harkham | ||||
Loan | 24 | BJs Montgomeryville | 1.2% | Richard Birdoff | ||||
Loan | 25 | Colerain Center | 1.2% | Bryan Berkett; David Rifkind | ||||
Loan | 26 | Whitewater Place | 1.2% | David M. Conwill; Steven B. Kimmelman; Keith Ritz; Steven B. Kimmelman as Trustee of The Jerome Kimmelman Gift Trust; Keith Ritz as Trustee of The Sanford L. Ritz Gift Trust | ||||
Loan | 27 | Brown Street Centre | 1.2% | Todd Mooney | ||||
Loan | 28 | Biltmore Parks Apartments | 1.1% | Alan J. Hayman | ||||
Loan | 29 | Ortega Village - Retail | 1.1% | Robert F. Buie; Robert F. Buie, as Trustee of the Robert F. Buie and Pamela I. Buie Family Trust Under Trust Agreement; Jeffry L. Stoddard, as Trustee of the Jeff and Kris Stoddard Living Trust | ||||
Loan | 30 | Landings Shops and Offices | 0.9% | Herman R. Kopf Revocable Trust Dated January 5, 2006; Herman R. Kopf | ||||
Property | 30.01 | Landings Shops and Offices | 0.5% | |||||
Property | 30.02 | Progressive Properties | 0.3% | |||||
Property | 30.03 | Kopf Offices | 0.2% | |||||
Loan | 31 | Terraces on Second | 0.9% | Rodney Poole | ||||
Loan | 32 | 75 Executive Drive (36) | 0.9% | Andrew J. Segal | ||||
Loan | 33 | Best Buy Boca Raton | 0.8% | Gittel Bausk | ||||
Loan | 34 | Somerset Apartments | 0.8% | David Burns, Debra Dout | ||||
Loan | 35 | Walgreens VA Beach | 0.8% | Joseph Plotnick; Chris Steiner; Howard Hertz; Jeffrey Leibovitz; Darryl Stineman; John Hobson | ||||
Loan | 36 | Holiday Inn Express & Suites Rockport | 0.8% | Kanti Bhakta; Divyeshbhai Bhakta; Satish Patel; Raju Bhagat | ||||
Loan | 37 | Commons at Pembroke | 0.7% | Nasser Ahmad; Cyrus Boga | ||||
Loan | 38 | Monument Creek (36) | 0.7% | Ross H. Partrich | ||||
Loan | 39 | High Country Plaza | 0.7% | Robert F. Buie; Robert F. Buie, as Trustee of the Robert F. Buie and Pamela I. Buie Family Trust Under Trust Agreement; Jeffry L. Stoddard, as Trustee of the Jeff and Kris Stoddard Living Trust | ||||
Loan | 40 | Williamsburg Center | 0.7% | Robert G. Wolfe | ||||
Property | 40.01 | 1734 Corporate Crossing | 0.2% | |||||
Property | 40.02 | 1728 Corporate Crossing | 0.2% | |||||
Property | 40.03 | 1722 Corporate Crossing | 0.1% | |||||
Property | 40.04 | 1035 East Gate Drive | 0.1% | |||||
Property | 40.05 | 735 Seibert Road | 0.1% | |||||
Property | 40.06 | 703 Seibert Road | 0.0% | |||||
Property | 40.07 | 723 Seibert Road | 0.0% | |||||
Loan | 41 | Shops at Cardiff Ranch | 0.7% | Randall D. Keith | ||||
Loan | 42 | Cobblestone Court II | 0.5% | Louis J. Masi; Mary Louise Szefc | ||||
Loan | 43 | Hampton Inn & Suites – Portland | 0.5% | Mahavir Bhagat; Vilina Bhagat | ||||
Loan | 44 | 40 Wall Street (33) | 0.5% | Donald J. Trump | ||||
Loan | 45 | Palisades of Bridgeport | 0.5% | Wilfredo Santos | ||||
Loan | 46 | Walgreens Frisco TX | 0.4% | Michael D. Gorge | ||||
Loan | 47 | Walgreens-Goodwill Missouri TX | 0.4% | Michael D. Gorge | ||||
Loan | 48 | Warsaw Village | 0.4% | William R. Elliott; Thomas E. Messier | ||||
Loan | 49 | Walton Shoppes | 0.4% | Nisreen Jonna; Jordan Jonna; Scott Jonna | ||||
Loan | 50 | Ortega Village- Pads | 0.4% | Robert F. Buie; Robert F. Buie, as Trustee of the Robert F. Buie and Pamela I. Buie Family Trust Under Trust Agreement; Jeffry L. Stoddard, as Trustee of the Jeff and Kris Stoddard Living Trust | ||||
Loan | 51 | 691 14th Street Retail | 0.4% | J. Christopher Faussemagne; Michael Millett | ||||
Loan | 52 | Monte & Wishing Well | 0.3% | Jeffrey N. Cohen; Dennis S. Cohen | ||||
Property | 52.01 | Monte Carlo MHC | 0.2% | |||||
Property | 52.02 | Wishing Well MHP | 0.1% | |||||
Loan | 53 | Ferndale Avenue Shoppes | 0.3% | Jordan Jonna; Scott Jonna | ||||
Loan | 54 | Courtyard Self Storage | 0.3% | Edward P. McKenzie | ||||
Loan | 55 | Bayonne MHP | 0.3% | Min Kim | ||||
Loan | 56 | Best Western Cleveland Airport | 0.3% | Anand Bhakta | ||||
Loan | 57 | Eureka Crossings | 0.2% | Nisreen Jonna; Jordan Jonna; Scott Jonna | ||||
Loan | 58 | Family Dollar - Rose Hill (36) | 0.1% | Ladder Capital CRE Equity LLC | ||||
Loan | 59 | Family Dollar - Moultrie (36) | 0.1% | Ladder Capital CRE Equity LLC | ||||
Loan | 60 | Family Dollar - Biscoe (36) | 0.1% | Ladder Capital CRE Equity LLC | ||||
Loan | 61 | Family Dollar - Rockingham (36) | 0.1% | Ladder Capital CRE Equity LLC | ||||
Loan | 62 | Dollar General - De Soto (36) | 0.1% | Ladder Capital CRE Equity LLC |
A-1-32 |
COMM 2015-LC23 | ||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||
% of | Existing | Future Debt | ||||||||||||
Property | Initial Pool | Additional Debt | Permitted | |||||||||||
Flag | ID | Property Name | Balance | Previous Securitization | Amount | Existing Additional Debt Description | Type | |||||||
Loan | 1 | Equity Inns Portfolio (33) | 8.3% | 227,780,091 | $152,000,000 Pari Passu Debt; $75,780,091 Preferred Equity | NAP | ||||||||
Property | 1.01 | Homewood Suites Seattle | 1.5% | |||||||||||
Property | 1.02 | Homewood Suites Orlando | 0.7% | |||||||||||
Property | 1.03 | Courtyard Carlsbad | 0.5% | |||||||||||
Property | 1.04 | Courtyard Houston | 0.5% | |||||||||||
Property | 1.05 | Homewood Suites Stratford | 0.4% | |||||||||||
Property | 1.06 | Hampton Inn Urbana | 0.4% | |||||||||||
Property | 1.07 | Springhill Suites Asheville | 0.4% | |||||||||||
Property | 1.08 | Hilton Garden Inn Louisville | 0.4% | |||||||||||
Property | 1.09 | Hampton Inn Orlando | 0.4% | |||||||||||
Property | 1.10 | Hampton Inn Austin | 0.4% | |||||||||||
Property | 1.11 | Hampton Inn College Station | 0.4% | |||||||||||
Property | 1.12 | Hampton Inn Indianapolis | 0.3% | |||||||||||
Property | 1.13 | TownePlace Suites Savannah | 0.3% | |||||||||||
Property | 1.14 | Hampton Inn East Lansing | 0.3% | |||||||||||
Property | 1.15 | Hampton Inn Naperville | 0.3% | |||||||||||
Property | 1.16 | Hilton Garden Inn Rio Rancho | 0.3% | |||||||||||
Property | 1.17 | Courtyard Dalton | 0.2% | |||||||||||
Property | 1.18 | Hampton Inn Alcoa | 0.2% | |||||||||||
Property | 1.19 | Homewood Suites Augusta | 0.2% | |||||||||||
Property | 1.20 | Residence Inn Jacksonville | 0.2% | |||||||||||
Property | 1.21 | Hampton Inn Milford | 0.1% | |||||||||||
Loan | 2 | 32 Avenue of the Americas (33)(36) | 7.3% | BSCMS 2007-PWR17 | 355,000,000 | $355,000,000 Pari Passu Debt | Mezzanine | |||||||
Loan | 3 | 11 Madison Avenue (33)(34)(35) | 7.2% | CSMCS 2006-C4 | 1,330,400,000 | $694,730,000 Pari Passu Debt; $310,670,000 Subordinate Secured Debt; $325,000,000 Mezzanine Debt | NAP | |||||||
Loan | 4 | 1209 DeKalb (35)(36) | 4.8% | 8,500,000 | Mezzanine Debt | Mezzanine | ||||||||
Loan | 5 | Good Samaritan Medical Tower (36) | 4.4% | MLMT 2005-LC1 | None | Mezzanine | ||||||||
Loan | 6 | Harvey Building Products Portfolio (33) | 4.4% | 67,925,164 | Pari Passu Debt | Senior Secured Debt | ||||||||
Property | 6.01 | Londonderry Manufacturing | 0.8% | |||||||||||
Property | 6.02 | Waltham Corporate | 0.4% | |||||||||||
Property | 6.03 | Dartmouth Manufacturing | 0.4% | |||||||||||
Property | 6.04 | Nashua | 0.2% | |||||||||||
Property | 6.05 | West Bridgewater | 0.2% | |||||||||||
Property | 6.06 | Woburn | 0.2% | |||||||||||
Property | 6.07 | Manchester, NH | 0.2% | |||||||||||
Property | 6.08 | New London | 0.1% | |||||||||||
Property | 6.09 | East Haven | 0.1% | |||||||||||
Property | 6.10 | Salem | 0.1% | |||||||||||
Property | 6.11 | Bethlehem | 0.1% | |||||||||||
Property | 6.12 | Lincoln | 0.1% | |||||||||||
Property | 6.13 | Berlin | 0.1% | |||||||||||
Property | 6.14 | Woburn CPD | 0.1% | |||||||||||
Property | 6.15 | Norwalk | 0.1% | |||||||||||
Property | 6.16 | Dartmouth | 0.1% | |||||||||||
Property | 6.17 | Braintree | 0.1% | |||||||||||
Property | 6.18 | Manchester, CT | 0.1% | |||||||||||
Property | 6.19 | Portland | 0.1% | |||||||||||
Property | 6.20 | Norwalk | 0.1% | |||||||||||
Property | 6.21 | Warwick | 0.1% | |||||||||||
Property | 6.22 | Fitchburg | 0.1% | |||||||||||
Property | 6.23 | Auburn | 0.1% | |||||||||||
Property | 6.24 | Portsmouth | 0.1% | |||||||||||
Property | 6.25 | Southampton | 0.0% | |||||||||||
Property | 6.26 | Hyannis | 0.0% | |||||||||||
Property | 6.27 | Wilkes-Barre | 0.0% | |||||||||||
Property | 6.28 | Berlin CPD | 0.0% | |||||||||||
Property | 6.29 | Springfield | 0.0% | |||||||||||
Property | 6.30 | White River Junction | 0.0% | |||||||||||
Loan | 7 | Beach House Hilton Head (36) | 4.2% | None | Mezzanine | |||||||||
Loan | 8 | Whitehall Hotel | 3.7% | GCCFC 2005-GG5 | None | NAP | ||||||||
Loan | 9 | 611 Cowper | 3.4% | None | NAP | |||||||||
Loan | 10 | Springfield Mall (33) | 3.4% | 32,460,817 | Pari Passu Debt | NAP | ||||||||
Loan | 11 | Laguna Niguel Town Center | 2.8% | MSC 2005-HQ7 | None | NAP | ||||||||
Loan | 12 | Hacienda Gardens | 2.5% | None | NAP | |||||||||
Loan | 13 | Washington Plaza | 2.4% | MLCFC 2006-4 | None | NAP | ||||||||
Loan | 14 | Carrollwood Station | 2.2% | None | NAP | |||||||||
Loan | 15 | Murrieta Spectrum | 2.1% | GSMS 2006-GG6 | None | NAP | ||||||||
Loan | 16 | Westin Lake Mary | 2.1% | None | NAP |
A-1-33 |
COMM 2015-LC23 | ||||||||||||||
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||
% of | Existing | Future Debt | ||||||||||||
Property | Initial Pool | Additional Debt | Permitted | |||||||||||
Flag | ID | Property Name | Balance | Previous Securitization | Amount | Existing Additional Debt Description | Type | |||||||
Loan | 17 | Lake Creek Festival | 2.1% | CD 2006-CD2 | None | NAP | ||||||||
Loan | 18 | Wedgewood Building | 2.0% | None | NAP | |||||||||
Loan | 19 | Kenhorst Plaza | 1.9% | JPMCC 2005-LDP4 | None | NAP | ||||||||
Loan | 20 | Addison Town Center | 1.7% | None | NAP | |||||||||
Loan | 21 | A&H Olympic | 1.5% | MLMT 2006-C1 | None | NAP | ||||||||
Loan | 22 | Brentwood Retail Center (35) | 1.4% | CSMC 2006-C5 | 2,000,000 | Mezzanine Debt | NAP | |||||||
Loan | 23 | A&H Maple Avenue | 1.4% | CSMC 2006-C1 | None | NAP | ||||||||
Loan | 24 | BJs Montgomeryville | 1.2% | None | NAP | |||||||||
Loan | 25 | Colerain Center | 1.2% | CSMC 2007-C2 | None | NAP | ||||||||
Loan | 26 | Whitewater Place | 1.2% | None | NAP | |||||||||
Loan | 27 | Brown Street Centre | 1.2% | None | NAP | |||||||||
Loan | 28 | Biltmore Parks Apartments | 1.1% | CSMC 2006-C3 | None | NAP | ||||||||
Loan | 29 | Ortega Village - Retail | 1.1% | MSC 2006-HQ8 | None | NAP | ||||||||
Loan | 30 | Landings Shops and Offices | 0.9% | GMACC 2006-C1 | None | NAP | ||||||||
Property | 30.01 | Landings Shops and Offices | 0.5% | |||||||||||
Property | 30.02 | Progressive Properties | 0.3% | |||||||||||
Property | 30.03 | Kopf Offices | 0.2% | |||||||||||
Loan | 31 | Terraces on Second | 0.9% | None | NAP | |||||||||
Loan | 32 | 75 Executive Drive (36) | 0.9% | WBCMT 2003-C3 | None | Mezzanine | ||||||||
Loan | 33 | Best Buy Boca Raton | 0.8% | None | NAP | |||||||||
Loan | 34 | Somerset Apartments | 0.8% | None | NAP | |||||||||
Loan | 35 | Walgreens VA Beach | 0.8% | None | NAP | |||||||||
Loan | 36 | Holiday Inn Express & Suites Rockport | 0.8% | None | NAP | |||||||||
Loan | 37 | Commons at Pembroke | 0.7% | None | NAP | |||||||||
Loan | 38 | Monument Creek (36) | 0.7% | FNA 2014-M5 | None | Mezzanine | ||||||||
Loan | 39 | High Country Plaza | 0.7% | MSC 2005-HQ7 | None | NAP | ||||||||
Loan | 40 | Williamsburg Center | 0.7% | None | NAP | |||||||||
Property | 40.01 | 1734 Corporate Crossing | 0.2% | |||||||||||
Property | 40.02 | 1728 Corporate Crossing | 0.2% | |||||||||||
Property | 40.03 | 1722 Corporate Crossing | 0.1% | |||||||||||
Property | 40.04 | 1035 East Gate Drive | 0.1% | |||||||||||
Property | 40.05 | 735 Seibert Road | 0.1% | |||||||||||
Property | 40.06 | 703 Seibert Road | 0.0% | |||||||||||
Property | 40.07 | 723 Seibert Road | 0.0% | |||||||||||
Loan | 41 | Shops at Cardiff Ranch | 0.7% | None | NAP | |||||||||
Loan | 42 | Cobblestone Court II | 0.5% | None | NAP | |||||||||
Loan | 43 | Hampton Inn & Suites – Portland | 0.5% | None | NAP | |||||||||
Loan | 44 | 40 Wall Street (33) | 0.5% | 153,776,230 | Pari Passu Debt | NAP | ||||||||
Loan | 45 | Palisades of Bridgeport | 0.5% | None | NAP | |||||||||
Loan | 46 | Walgreens Frisco TX | 0.4% | None | NAP | |||||||||
Loan | 47 | Walgreens-Goodwill Missouri TX | 0.4% | CSFB 2005-C5 | None | NAP | ||||||||
Loan | 48 | Warsaw Village | 0.4% | GCCFC 2005-GG5 | None | NAP | ||||||||
Loan | 49 | Walton Shoppes | 0.4% | None | NAP | |||||||||
Loan | 50 | Ortega Village- Pads | 0.4% | MSC 2006-HQ8 | None | NAP | ||||||||
Loan | 51 | 691 14th Street Retail | 0.4% | None | NAP | |||||||||
Loan | 52 | Monte & Wishing Well | 0.3% | None | NAP | |||||||||
Property | 52.01 | Monte Carlo MHC | 0.2% | |||||||||||
Property | 52.02 | Wishing Well MHP | 0.1% | |||||||||||
Loan | 53 | Ferndale Avenue Shoppes | 0.3% | None | NAP | |||||||||
Loan | 54 | Courtyard Self Storage | 0.3% | None | NAP | |||||||||
Loan | 55 | Bayonne MHP | 0.3% | LBUBS 2005-C7 | None | NAP | ||||||||
Loan | 56 | Best Western Cleveland Airport | 0.3% | None | NAP | |||||||||
Loan | 57 | Eureka Crossings | 0.2% | None | NAP | |||||||||
Loan | 58 | Family Dollar - Rose Hill (36) | 0.1% | None | Mezzanine | |||||||||
Loan | 59 | Family Dollar - Moultrie (36) | 0.1% | None | Mezzanine | |||||||||
Loan | 60 | Family Dollar - Biscoe (36) | 0.1% | None | Mezzanine | |||||||||
Loan | 61 | Family Dollar - Rockingham (36) | 0.1% | None | Mezzanine | |||||||||
Loan | 62 | Dollar General - De Soto (36) | 0.1% | None | Mezzanine |
A-1-34 |
FOOTNOTES TO ANNEX A-1
(1) | GACC—German American Capital Corporation or one of its affiliates; LCF—Ladder Capital Finance LLC or one of its affiliates; CCRE—Cantor Commercial Real Estate Lending, L.P. or one of its affiliates; JLC—Jefferies LoanCore LLC or one of its affiliates. |
(2) | Loan No. 1 – Equity Inns Portfolio – The Original Balance ($) of $80.0 million and Cut-off Date Balance ($) of $80.0 million represent the $48.0 million controlling Note A-1-A and $32.0 million non-controlling note A-4-A of a $232.0 million whole loan evidenced by ninepari passu notes. Thepari passu companion loans are comprised of the non controlling Notes A-1-B, with an original principal balance of $12 million, A-2-A, with an original principal balance of $30 million, A-2-B, with an original principal balance of $9.6 million, A-3, with an original principal amount of $39.6 million, A-4-B, with an original principal amount of $8.0 million, and A-5 and A-6, with an original principal amount of $26.4 million each. |
Loan No. 2 – 32 Avenue of the Americas – The Original Balance ($) and Cut-off Date Balance ($) of $70.0 million represents the non-controlling Note A-4 of a $425.0 million whole loan evidenced by fivepari passu notes. Thepari passu companion loans are the non-controlling Note A-5 in the original principal amount of $57.5 million, which is currently held by GACC or an affiliate, and the controlling Note A-1, non-controlling Note A-2 and non-controlling Note A-3, in the aggregate original principal amount of $297.5 million, which are all currently held by JP Morgan Chase Bank, N.A. or an affiliate.
Loan No. 3 – 11 Madison Avenue – The Original Balance ($) and Cut-off Date Balance ($) of $69.6 million represents the non-controlling Note A-1-C3 of a $1.075 billion whole loan evidenced by sixteen seniorpari passu and three subordinate notes. The remaining notes include twelve notes that have been included in the MAD 2015-11MD transaction, including the nine non-controlling seniorpari passu companion Notes A-1-S1, A-1-S2, A-1-S3, A-2-S1, A-2-S2, A-2-S3, A-3-S1, A-3-S2, A-3-S3 in the original principal amount of $397.53 million and the controlling three subordinatepari passu Notes B-1-S, B-2-S, B-3-S in the original principal amount of $310.67 million; the non-controllingpari passu Note A-1-C1 that has been included in the COMM 2015-CCRE26 transaction in the original principal amount of $70.0 million; the non-controllingpari passu Note A-1-C2 that has been included in the COMM 2015-CCRE27 transaction in the original principal amount of $70.0 million; thepari passunotes held by Morgan Stanley Bank, N.A. or an affiliate or a securitization trust as to which it is a loan seller, including two senior non-controlling Notes A-2-C1 and A-2-C2 in the aggregate original principal amount of $91.7 million; and thepari passunotes held by Wells Fargo Bank, or an affiliate or a securitization trust as to which it is a loan seller, including the senior non-controlling Note A-3-C1 that is included in the WFCM 2015-NXS3 transaction in the original principal amount of $35.0 million and the senior non-controlling Note A-3-C2 in the aggregate original principal amount of $30.5 million. With respect to the 11 Madison Avenue loan combination, so long as the 11 Madison Avenue subordinate companion loans are included in the MAD 2015-11MD mortgage trust, there will be no directing holder with respect to such loan combination.
Loan No. 6 – Harvey Building Products Portfolio – The Original Balance ($) of $42.0 million and Cut-off Date Balance ($) of approximately $41.95 million represent the controlling Note A-1 of a $110.0 million whole loan evidenced by threepari passu notes. Thepari passu companion loans are comprised of the non-controlling Note A-2 and non-controlling Note A-3, with an aggregate outstanding principal amount of approximately $67.9 million, which are expected to be included in future securitizations.
Loan No. 10 – Springfield Mall - The Original Balance and Cut-off Date Balance of $32.5 million and $32.46 million, respectively, represent the controlling Note A-1 of a $65.0 million whole loan evidenced by twopari passu notes. Thepari passu companion loan is the non-controlling Note A-2 in the outstanding principal amount of approximately $32.46 million, which is currently held by CCRE.
Loan No. 44 – 40 Wall Street – The Original Balance ($) of $5.0 million and Cut-off Date Balance ($) of approximately $4.96 million represent the non-controlling Note A-1-B of a $160.0 million whole loan evidenced by fourpari passu notes. Thepari passu companion loans are comprised of the controlling Note A-1-A and the non-controlling Note A-2, with an aggregate outstanding principal amount of approximately $94.2 million and the non-controlling Note A-3, with an outstanding principal amount of approximately $59.5 million. Thepari passu Note A-1-A and Note A-2 were included in the WFCM 2015-LC22 and thepari passu note A-3 was included in the COMM 2015-CCRE24.
(3) | With respect to any Mortgaged Property securing a multi-property Mortgage Loan, the amounts listed under the headings “Original Balance ($)” and “Cut-off Date Balance ($)” reflect the Allocated Loan Amount related to such Mortgaged Property. |
A-1-35 |
(4) | Loan No. 50 – Ortega Village- Pads – The Ortega Village- Pads Mortgaged Property’s Net Rentable Area (SF/Units/Rooms/Pads/Beds) of 16,601 sq. ft. reflects 6,810 sq. ft. of retail space and 9,791 sq. ft. of medical office space. |
(5) | Loan No. 2 – 32 Avenue of the Americas – The 32 Avenue of the Americas Mortgaged Property is listed on the National Register of Historic Places. Because of this historic landmark status, any alteration to the exterior historical elements of the building requires Historic Resource Review, in accordance with New York City’s Landmark Preservation Commission. |
(6) | Loan No. 58 – Family Dollar - Rose Hill – The Family Dollar - Rose Hill Mortgage Loan has an ARD feature with an anticipated repayment date of October 6, 2025, with a revised interest rate for the period from the anticipated repayment date through the final maturity date of October 6, 2030 of the sum of the initial rate of 4.9400% and 4.0000%. |
Loan No. 59 – Family Dollar – Moultrie – The Family Dollar - Moultrie Mortgage Loan has an ARD feature with an anticipated repayment date of October 6, 2025, with a revised interest rate for the period from the anticipated repayment date through the final maturity date of October 6, 2030 of the sum of the initial rate of 4.9400% and 4.0000%.
Loan No. 60 – Family Dollar – Biscoe – The Family Dollar – Biscoe Mortgage Loan has an ARD feature with an anticipated repayment date of October 6, 2025, with a revised interest rate for the period from the anticipated repayment date through the final maturity date of October 6, 2030 of the sum of the initial rate of 4.9400% and 4.0000%.
Loan No. 61 – Family Dollar – Rockingham – The Family Dollar – Rockingham Mortgage Loan has an ARD feature with an anticipated repayment date of October 6, 2025, with a revised interest rate for the period from the anticipated repayment date through the final maturity date of October 6, 2030 of the sum of the initial rate of 4.9400% and 4.0000%.
Loan No. 62 – Dollar General - De Soto – The Dollar General - De Soto Mortgage Loan has an ARD feature with an anticipated repayment date of October 6, 2025, with a revised interest rate for the period from the anticipated repayment date through the final maturity date of October 6, 2030 of the sum of the initial rate of 5.2100% and 4.0000%.
(7) | The Administrative Fee Rate includes the respective per annum rates applicable to the calculation of the servicing fee, any sub-servicing fee, trustee/certificate administrator fee, operating advisor fee and CREFC® license fee with respect to each Mortgage Loan. For purposes of this Annex A-1, the definition of Administrative Fee Rate as it relates to any Non-Serviced Mortgage Loan includes the relatedPari Passu Loan Primary Servicing Fee Rate which includes the “primary servicing fee rate” (as defined or set forth in the applicable pooling and servicing agreement) and any other related servicing fee rate (other than those payable to the applicable special servicer) applicable to such Non-Serviced Mortgage Loan that constitutes a portion of the “servicing fee rate” applicable to the other master servicer under the applicable other pooling and servicing agreement. The Pari Passu Loan Primary Servicing Fee Rate for the 32 Avenue of the Americas Loan will be such amount as set forth in the 32 Avenue of the Americas Pooling and Servicing Agreement on and after the 32 Avenue of the Americas Note A-1 Securitization Date. The Pari Passu Loan Primary Servicing Fee Rate for the 11 Madison Avenue Loan will be 0.00125%. The Pari Passu Loan Primary Servicing Fee Rate for the 40 Wall Street Loan will be 0.0025%. |
(8) | Annual Debt Service, Monthly Debt Service, Underwritten NOI DSCR and Underwritten NCF DSCR for Mortgage Loans (i) with partial interest only periods are shown based on the monthly debt service payment immediately following the expiration of the interest only period and (ii) that are interest only until the related maturity date are shown based on the interest only payments during the 12-month period following the Cut-off Date (or, in the case of Monthly Debt Service, the average of such interest only payments) without regard to leap year adjustments. |
(9) | “Hard” generally means each tenant is required to transfer its rent directly to the lender-controlled lockbox account. However, with respect to hospitality properties, “Hard” means all credit card receipts are deposited directly into the lockbox by the card processing company and all over-the-counter cash and equivalents are deposited by the property manager or borrower into the lockbox. “Soft” means the borrower has established a lockbox account that will be under lender control and the borrower or property manager must collect rents from the tenants and then deposit those rents into such lockbox account. “Springing Soft” means that upon |
A-1-36 |
the occurrence of a trigger event (as specified in the related Mortgage Loan Documents), the borrower is required to establish a lockbox account that will be under lender control and the borrower or property manager is required to collect rents from the tenants and then deposit those rents into such lockbox account. “Springing Hard” means that upon a trigger event (as specified in the related Mortgage Loan Documents), each tenant will be required to transfer its rent directly to a lender-controlled lockbox. |
(10) | “In Place” means that related property cash flows go through a waterfall of required reserve or other payment amounts due before the lender either (i) disburses excess cash to the related borrower or (ii) retains excess cash as additional collateral for the Mortgage Loan. “Springing” means that upon the occurrence of a trigger event, as defined in the related Mortgage Loan Documents, In Place cash management (as described above) will take effect, and will generally continue until all trigger events are cured (to the extent a cure is permitted under the related Mortgage Loan Documents). |
(11) | Loan No. 1 – Equity Inns Portfolio—The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-Off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the Mortgage Loan included in the issuing entity and the relatedpari passu companion loans in the aggregate. |
Loan No. 2 – 32 Avenue of the Americas – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the mortgage loan included in the issuing entity and the relatedpari passu companion loans in the aggregate.
Loan No. 3 – 11 Madison Avenue – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the mortgage loan included in the issuing entity and the relatedpari passu companion loans in the aggregate.
Loan No. 6 – Harvey Building Products Portfolio—The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-Off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the Mortgage Loan included in the issuing entity and the relatedpari passu companion loans in the aggregate.
Loan No. 10 – Springfield Mall – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the mortgage loan included in the issuing entity and the relatedpari passu companion loans in the aggregate.
Loan No. 44 – 40 Wall Street—The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-Off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the Mortgage Loan included in the issuing entity and the relatedpari passu companion loans in the aggregate.
(12) | Loan No. 3 – 11 Madison Avenue – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area (SF/Units/Rooms/Pads/Beds)($) calculations exclude the 11 Madison Avenue subordinate secured debt. |
(13) | The grace periods noted under “Grace Period” reflect the number of days of grace before a payment default is an event of default. Certain jurisdictions impose a statutorily longer grace period. Certain of the Mortgage Loans may additionally be subject to grace periods with respect to the occurrence of an event of default (other than a payment default) and/or commencement of late charges which are not addressed in Annex A-1 to this free writing prospectus. |
(14) | Loan No. 1 – Equity Inns Portfolio – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value ($) are based on the portfolio appraised value of $360.0 million, which attributes a premium to the aggregate value of the Equity Inns Portfolio Mortgaged Properties as a whole. Based on the sum of the appraised values of the Equity Inns Portfolio Mortgaged Properties on an individual basis of $322.4 million, the Cut-off Date LTV is 72.0%. |
Loan No. 9 – 611 Cowper – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value ($) are based on the “As Stabilized” value of $59.0 million, which assumes the punch list items have been
A-1-37 |
completed and all free rent and TI allowance have been exhausted. Based on the “As-is” appraised value of $51.8 million, the Cut-off Date LTV is 63.5%.
(15) | Prepayment Provisions are shown from the respective Mortgage Loan First Payment Date. |
“L(x)” means lock-out for x payments.
“D(x)” means may be defeased for x payments.
“YM(x)” means may be prepaid for x payments with payment of the greater of a yield maintenance charge.
“YM1(x)” means may be prepaid for x payments with payment of the greater of a yield maintenance charge and 1% of the amount prepaid.
“YM2(x)” means may be prepaid for x payments with payment of the greater of a yield maintenance charge and 2% of the amount prepaid.
“DorYM(x)” means may be prepaid for x payments with either defeasance or a yield maintenance charge.
“1%(x)” means may be prepaid for x payments with payment of a prepayment premium equal to 1% of the amount prepaid.
“3%(x)” means may be prepaid for x payments with payment of a prepayment premium equal to 3% of the amount prepaid.
“4%(x)” means may be prepaid for x payments with payment of a prepayment premium equal to 4% of the amount prepaid.
“O(x)” means freely prepayable for x payments, including the maturity date or anticipated repayment date.
Certain Mortgage Loans permit the release of a portion of a Mortgaged Property (or an individual Mortgaged Property, in connection with a portfolio mortgage loan) under various circumstances, as described in this free writing prospectus. See “Description of the Mortgage Pool—Certain Terms and Conditions of the Mortgage Loans—Property Releases” in this free writing prospectus.
Loan No. 7 – Beach House Hilton Head – Defeasance of the Beach House Hilton Head Mortgage Loan is permitted for 91 payments after a lockout period. Beginning with the 59th payment after the lockout period, in lieu of defeasance, the borrower may prepay the mortgage loan in full, together with a prepayment penalty equal to (a) 4% if such prepayment is made on or after October 6, 2022 through October 5, 2023, 3% if such prepayment is made on or after October 6, 2023 through October 5, 2024 and 1% if such prepayment is made on or after October 6, 2024 through July 5, 2025. On or after July 6, 2025 through October 6, 2025, the Beach House Hilton Head mortgage loan may be prepaid without penalty.
(16) | Loan No. 1 – Equity Inns Portfolio – The lockout period will be at least 25 payment dates beginning with and including the first payment date of November 6, 2015. Prepayment of the full $232.0 million Equity Inns Portfolio Loan Combination is permitted on or after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the lastpari passu note to be securitized, and (ii) December 31, 2017. The assumed lockout period of 25 payments is based on the expected COMM 2015-LC23 securitization closing date in November 2015. The actual lockout period may be longer. |
Loan No. 3 – 11 Madison Avenue – The lockout period will be at least 26 payment dates beginning with and including the first payment date of October 6, 2015. Defeasance of the full $1.075 billion 11 Madison Avenue Loan Combination is permitted after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the lastpari passu note to be securitized, and (ii) August 18, 2018. The assumed lockout period of 26 payments is based on the expected COMM 2015-LC23 securitization closing date in November 2015. The actual lockout period may be longer.
Loan No. 6 – Harvey Building Products Portfolio –The lockout period will be at least 25 payment dates beginning with and including the first payment date of November 6, 2015. Defeasance of the full $110.0 million Harvey Building Products Portfolio Loan Combination is permitted after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the lastpari passu note to be securitized, and (ii) October 1, 2018.
A-1-38 |
Loan No. 10 – Springfield Mall – The lockout period will be at least 25 payment dates beginning with and including the first payment date of November 6, 2015. Defeasance of the full $65.0 million Springfield Mall Loan Combination is permitted after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the lastpari passu note to be securitized, and (ii) November 6, 2019. The assumed lockout period of 25 payments is based on the expected COMM 2015-LC23 securitization closing date in November 2015. The actual lockout period may be longer.
Loan No. 44 – 40 Wall Street – The lockout period will be at least 28 payment dates beginning with and including the first payment date of August 6, 2015. Defeasance of the full $160.0 million 40 Wall Street Loan Combination is permitted after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the lastpari passu note to be securitized and (ii) July 2, 2018.
(17) | Loan No. 1 – Equity Inns Portfolio – From and after the prepayment lockout date, the lender is required to release an individual property or properties from the collateral in connection with a third-party, arms-length sale of such property(ies) (or to an affiliate with respect to up to two properties at which hotel operations have ceased and are no longer commercially viable) subject to, among other things, the following conditions: (i) no event of default has occurred or would occur as a result of the release, (ii) the remaining collateral has an LTV no greater than the lesser of (a) 64.4% and (b) the LTV in place immediately prior to the release, (iii) the remaining collateral has a DSCR no less than the greater of (a) 2.35x and (b) the DSCR in place immediately prior to the release, (iv) payment of a Release Price (as defined below) and any yield maintenance premium associated with the payment of the Release Price, (v) satisfaction of customary REMIC requirements, (vi) payment of all interest which would have accrued on the portion of the outstanding principal balance being prepaid through, but not including, the next occurring monthly payment date and (vii) payment of all other costs and expenses of lender in connection with the release, provided the LTV and DSCR tests may be satisfied with an additional prepayment of principal (with yield maintenance). The “Release Price” shall equal the greater of (x) 115% of the loan amount allocated to the subject property(ies) and (y) 100% of the net sales proceeds of the subject property(ies) after deducting the costs of closing the sale, which costs are required to be capped for purposes of determining the Release Price at six percent of gross sales proceeds. |
Loan No. 6 – Harvey Building Products Portfolio – The borrower may obtain the release of one or more individual Mortgaged Properties at the expiration of the lockout period, provided, among other things, (i) no event of default has occurred and is continuing, (ii) the borrower partially defeases the Mortgage Loan in an amount equal to the greater of (x) the net sales proceeds with respect to such individual Mortgaged Property and (y) 125% of the allocated loan amount for such individual Mortgaged Property and (iii) if, after such release, at least $11,000,000 of the principal amount of the Mortgage Loan has been repaid or defeased, the loan-to-value ratio for the remaining Mortgaged Properties is no greater than 60.0%.
Loan No. 8 – Whitehall Hotel - On any payment date, the borrower may obtain the release of a small, non-income producing portion of the Whitehall Hotel Mortgaged Property (identified in the loan agreement) from the lien of the mortgage provided, among other things, the REMIC loan-to-value ratio after the release is not more than 125% and, with respect to the adjacent development (as described below), (i) lender has approved, among other things, certain agreements and plans related to the adjacent development, (ii) borrower has delivered $1,800,000 to lender to be held as additional collateral for the Whitehall Hotel Mortgage Loan (until such time that the adjacent development is completed to the satisfaction of lender) and (iii) the sponsors have delivered to lender a guaranty of lien-free completion of the adjacent development. According to the sponsors, an affiliate of the borrower intends to develop the released parcel, together with adjacent parcels owned by an affiliate of the borrower, for the purpose of developing on the property adjacent to the Whitehall Hotel Mortgaged Property amenities that may be used by guests at the Whitehall Hotel Mortgaged Property including, a ballroom, meeting and event space, parking area, office space, restaurant, gym, and other amenity spaces and services for the Whitehall Hotel Mortgaged Property.
Loan No. 15 – Murrieta Spectrum – After the permitted release date and prior to the open prepayment date, the borrower may partially defease and obtain the release one or more individual pad buildings provided, among other things, (i) the borrower provide defeasance collateral to an amount equal to the greater of (A) 100% of the net sales proceeds and (B) 125% of the allocated loan amount for the parcel to be released and (ii) after the release, (A) the DSCR is greater than or equal to 1.30x, (B) the debt yield is greater than or equal to 8.5% and (C) the LTV is less than or equal to 75%.
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Loan No. 25 – Colerain Center – The borrower may obtain the free release of a certain vacant and non-income producing portion of the Mortgaged Property, subject to the satisfaction of certain conditions, including, but not limited to, satisfaction of the REMIC LTV test.
Loan No. 30 – Landings Shops and Offices – After the permitted release date and prior to the open prepayment date, the borrower may partially defease and obtain a release of either of the Kopf Offices Mortgaged Property and/or the Progressive Property from the lien of the Mortgage Loan upon a bona fide third-party sale provided, among other things, (i) Kopf Offices Mortgaged Property is released prior to the release of Progressive Property, (ii) the borrower provides defeasance collateral in an amount equal to the greater of: (a) 93% of the net sales proceeds from the sale of the property or (b) 115% of the Allocated Loan Amount for such property, and (iii) based on the remaining properties, the DSCR no less than the greater of: (a) 1.30x and (b) the DSCR immediately preceding such release.
(18) | The following Mortgaged Properties consist, in whole or in part, of the respective borrower’s interest in one or more ground leases, space leases, air rights leases or other similar leasehold interests: |
Loan No. 3 – 11 Madison Avenue – The 11 Madison Avenue Mortgaged Property is subject, in part, to a New York City Industrial Development Agency (“IDA”) and a New York City Industrial and Commercial Incentive Program (“ICIP”) tax abatement. A portion of the property consisting of the leasehold interests in 9 condominium units, the related fee simple interests of which are owned by the New York City Industrial Development Agency, is subject to a certain Overlease Agreement dated December 22, 1995, by and between the borrower (as successor to tenant’s interest) and the IDA (as assigned and/or amended, the “11 Madison Avenue Overlease”). The rent under the 11 Madison Avenue Overlease is $10 for the full term and has been fully prepaid. The purpose of the 11 Madison Avenue Overlease is to substitute real property tax obligations with payments in lieu of real estate taxes. Credit Suisse is required to pay all PILOT pursuant to a PILOT Agreement dated December 1, 1995 between the IDA and Credit Suisse; however, the borrower has agreed to make such payments with respect to certain space subleased by it from Credit Suisse. See “11 Madison Avenue—Major Tenants” on Annex B to the free writing prospectus. The IDA structure terminates on December 31, 2016. If the 11 Madison Avenue Overlease terminates for any reason, the fee interest in the condominium units subject to the 11 Madison Avenue Overlease reverts back to the borrower. The mortgage provides that upon any such reversion of condominium units to the borrower, such condominium units will automatically be subject to the mortgage.
Loan No. 6 – Harvey Building Products Portfolio –The Sole Tenant, Harvey Industries, Inc. is the tenant under a unitary master lease with Harvey Propco, LLC, the borrower under the Harvey Building Products Portfolio.
Loan No. 44 – 40 Wall Street — The collateral for The 40 Wall Street Mortgage Loan consists of the leasehold interest in The 40 Wall Street Mortgaged Property.
(19) | Loan No. 6 – Harvey Building Products Portfolio –The Sole Tenant, Harvey Industries, Inc., which is an affiliate of the borrower, is the tenant under a unitary master lease with Harvey Propco, LLC, the borrower under the Harvey Building Products Portfolio. |
Loan No. 18 – Wedgewood Building – The Largest Tenant, Wedgewood, the 3rd Largest Tenant, Maxim Properties, the 4th Largest Tenant, Greenhedge Escrow, the 5th Largest Tenant, HMC Assets and the 6th Largest Tenant, Civic Financial, which are affiliates of the borrower, collectively lease 61.5% of the net rentable area at the Mortgaged Property. Wedgewood, Maxim Properties and Greenhedge Escrow executed joint and several lease guarantees for each of these affiliated leases.
(20) | Loan No. 2 – 32 Avenue of the Americas – The 2nd Largest Tenant, Dentsu Holdings USA, Inc., occupies three spaces, representing 14.5% of the NRA, with various lease expirations. One space of 99,184 sq. ft. expires in September 2021, one space of 32,862 sq. ft. expires in December 2023 and the other space of 36,845 sq. ft. expires in August 2025. |
Loan No. 5 – Good Samaritan Medical Tower – The Largest Tenant, University of Southern California, has leases for 8,037 sq. ft. that expire in February 2023, 2,648 sq. ft. that expire in February 2024 and the expansion lease that is being negotiated for 3,920 sq. ft. is expected to have a December 2024 expiration date.
Loan No. 44 – 40 Wall Street - The 3rd Largest Tenant, Duane Reade, occupies 54,500 sq. ft. of office space on the 21st and 22nd floors under a lease that commenced on October 1, 2012 and expires March
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31, 2028 with a current underwritten rent of $29.78 PSF. Duane Reade also occupies 23,310 sq. ft. of retail space under a lease that commenced on July 6, 2011 and expires January 31, 2032 with a current underwritten rent of $67.23 PSF.
(21) | The lease expiration dates shown are based on full lease terms. However, in certain cases, a tenant may have the option to terminate its lease or abate rent prior to the stated lease expiration date for no reason after a specified period of time and/or upon notice to the landlord or upon the occurrence of certain contingencies including, without limitation, if landlord violates the lease or fails to provide utilities or certain essential services for a specified period or allows certain restricted uses, upon interference with tenant’s use of access or parking, upon casualty or condemnation, for zoning violations, if certain anchor or key tenants (including at an adjacent property) or a certain number of tenants go dark or cease operations, if a certain percentage of the net rentable area at the property is not occupied, if the tenant fails to meet sales targets or business objectives, or, in the case of a government tenant, for lack of appropriations or other reasons. In addition, in some instances, a tenant may have the right to assign its lease and be released from its obligations under the subject lease. Furthermore, some tenants may have the option to downsize their rented space without terminating the lease completely. In addition to the foregoing, the following are early non-contingent termination options that occur prior to the maturity date of the related loan for those tenants listed in Annex A-1: |
Loan No. 3 – 11 Madison Avenue – The Largest Tenant, Credit Suisse, has the right to terminate one full floor provided such floor is either the highest of floors 2 through 18 then leased or the highest of floors 19 through 28 then leased, upon at least 15 months’ advance notice. The termination must be effective on the last day of a month occurring between May 2022 and April 2027 (inclusive).
Loan No. 5 – Good Samaritan Medical Tower – The Largest Tenant, University of Southern California, which currently occupies 10.0% of the NRA, has a one-time right to terminate its lease with respect to 2,648 sq. ft. of its space in March 2019, upon at least 6 months’ notice and payment of an amount equal to the unamortized portion of the tenant improvements.
Loan No. 18 – Wedgewood Building – The 2nd Largest Tenant, T-Mobile, has a right to terminate its lease effective August 31, 2020, upon at least nine months’ advance written notice and the payment of a termination fee equal to any unamortized brokerage costs and tenant improvements.
Loan No. 27 – Brown Street Centre– The 2nd Largest Tenant, Moffet, Vitu, et al, which currently occupies 11.7% of the NRA, may terminate its lease at any time during the lease term with one year’s notice.
Loan No. 29 – Ortega Village - Retail - The 5th Largest Tenant, OC Pharmacy, has the right to terminate the lease for 1,428 sq. ft. of its expansion space effective September 30, 2018 with 180 days notice to the landlord and payment of the unamortized portion of landlord’s expenses.
Loan No. 32 – 75 Executive Drive - The 2nd Largest Tenant, Aceyus, Corp., has the right to terminate its lease effective April 30, 2020 with notice no later than July 31, 2019 and payment of the unamortized portion of landlord’s expenses with 8.0% interest.
Loan No. 44 – 40 Wall Street– The 3rd Largest Tenant, Duane Reade, has the right to terminate the lease for its 54,500 sq. ft. of office space effective March 31, 2018 with a payment of $2,932,476 and on March 31, 2023 with a payment of $535,917. The 4th Largest Tenant, Haks Engineering & Land Surveyors, may terminate its lease effective March 1, 2024 with 12 months’ notice and payment of a termination fee of $2,110,746. The 5th Largest Tenant, Weidlinger Associates Inc, may terminate its lease effective January 31, 2028 for one or both floors of its premises with 12 months’ notice and payment of the unamortized portion of landlord’s expenses.
Loan No. 57 – Eureka Crossings – The 5th Largest Tenant, Wild Bill’s Tobacco, may terminate its lease at any-time during the lease term with 30 days’ notice and payment of a termination fee of $12,500.
(22) | Loan No. 3 – 11 Madison Avenue – The Largest Tenant, Credit Suisse, recently renewed its lease at the 11 Madison Avenue Mortgaged Property through May 31, 2037 for 1,079,655 sq. ft. (which includes 862,269 sq. ft. of office space, 203,863 sq. ft. of concourse space and 13,523 sq. ft. of lobby/storage space. Credit Suisse currently occupies an additional 177,626 sq. ft. of office space and 8,770 sq. ft. of storage space that will expire in May 2017. |
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(23) | The following major tenants (listed on Annex A-1) are currently subleasing all or a significant portion of its leased space: |
Loan No. 2 – 32 Avenue of the Americas – In addition to its 168,891 sq. ft. direct lease, the Largest Tenant, Dentsu Holdings USA, Inc. is subleasing 44,514 sq. ft. from the Third Largest Tenant, Centurylink Communications, LLC. Dentsu Holdings USA, Inc. has also agreed to sublease 64,256 from the 5th Largest Tenant, University of Cambridge, effective January 1, 2016, which will bring the total leased space by Dentsu Holdings USA to 277,661 sq. ft., or 23.9% of NRA. The 4th Largest Tenant, Telx, has agreed to sublease an additional 60,759 sq. ft. from another tenant at the property, which will bring its leased space to 140,002 sq. ft., or 12.0% of NRA, effective May 1, 2016.
Loan No. 44 – 40 Wall Street - The 5th Largest Tenant, Weidlinger Associates Inc, subleases a portion of its space on the 19th floor totaling 10,324 to RF Lafferty for a five (5) year term expiring in January 2019 at a current rental rate of $317,463 ($30.75 PSF), a premium to Weidlinger Associates Inc’s, current in-place rent. The lease was signed in December 2013.
Loan No. 47 – Walgreens-Goodwill Missouri TX – The Largest Tenant, Walgreens, which is the sole tenant, is subleasing its entire 14,820 sq. ft. to Goodwill. The terms of such sublease have not been disclosed to the lender.
(24) | The following major tenants shown on Annex A-1 have abated, free or prepaid rent: |
Loan No. 2 – 32 Avenue of the Americas – At closing, the borrower deposited $1,577,928 into a free rent reserve account for rent concessions with respect to the Telx lease, the Largest Tenant, for monthly payments starting May 2016 through October 2016.
Loan No. 3 – 11 Madison Avenue - At closing, the borrower deposited $18,847,898 into a Sony free rent reserve account for rent concessions with respect to the Sony lease, the 2nd Largest Tenant, for monthly payments starting September 2015 through August 2016.
Loan No. 5 – Good Samaritan Medical Tower – At closing, the borrower deposited $275,931 into a free reserve account for rent concessions with respect to various tenants at the property. Of the $275,931 in reserved free rent, the 2nd Largest Tenant, United Imaging, LLC, will receive $143,910 in free rent for six months between the period of February 2016 and November 2018.
Loan No. 9 – 611 Cowper – The Largest Tenant, A9.com, which is the Sole Tenant at the Mortgaged Property, has executed a 10-year lease at the Mortgaged Property, but is not yet in occupancy or paying rent. The borrower has not yet completed certain punch list items included in the landlord work. Under the terms of the lease, rent payments are required to commence on the later of October 29, 2015 and the date of substantial completion of the landlord work required under the lease. A free rent reserve of $1,620,000 (six months’ rent) was established at origination to cover any delays in rent commencement.
Loan No. 15 – Murrieta Spectrum – The Largest Tenant, Ashleys, affirmed its lease with the borrower following a 2008 bankruptcy and paid $185,290 to the borrower in settlement. See “Risk Factors—Risks Related to the Mortgage Loans—Tenant Bankruptcy Entails Risk” in the free writing prospectus. At loan closing, the borrower deposited $168,994 of that settlement amount into the free rent reserve and from October 1, 2015 through September 30, 2017, approximately $7,014.44 of this reserve is required to be applied to pay a portion of this tenant’s rent due.
Loan No. 17 – Lake Creek Festival – At closing, the borrower deposited $141,365 into a free reserve account for rent concessions with respect to various tenants at the Mortgaged Property. Of the $141,365 in reserved free rent, the 3rd Largest Tenant, Pinballz Arcade, will receive $120,063 in free rent for five months between the period of September 2015 and January 2016.
Loan No. 18 – Wedgewood Building – The 2nd Largest Tenant, T-Mobile, has four months of free rent from September 2020 to December 2020.
Loan No. 19 – Kenhorst Plaza – The 2nd Largest Tenant, Retro Fitness, executed a lease and is expected to take occupancy in March 2016 following build out of the space. The tenant is entitled to 12 months free rent, ending in July 2016, which amount was reserved at closing.
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Loan No. 20 – Addison Town Center – At closing, the borrower deposited $199,884 into the free rent reserve for the 3rd Largest Tenant, Crunch Fitness. Amounts in the free rent reserve are required to be disbursed to the borrower in equal sums on each of the initial six payment dates in the amount of $30,464, and provided the tenant has commenced paying full unabated rent pursuant to its lease, on the seventh payment date, or on a later date when the tenant is in occupancy and paying full rent, $17,100.
Loan No. 27 – Brown Street Centre – At closing, the borrower deposited $93,395 into a free reserve account for rent concessions with respect to various tenants at the Mortgaged Property. Of the $93,395 in reserved free rent, the 5th Largest Tenant, Nexus Realty, has free rent in the amount of $62,245 for rent payments from October 2015 to October 2016.
Loan No. 44 – 40 Wall Street - The Largest Tenant, Green Ivy, has free rent from July 2, 2015 to November 18, 2016 which amounts to $3,568,885. The 4th Largest Tenant, Haks Engineering & Land Surveyors, has free rent from January 1, 2016 to March 1, 2016 which amounts to $194,613. The 5th Largest Tenant, Weidlinger Associates Inc, has free rent for one month in February 2016, February 2017 and February 2018 which amounts to $371,232. In lieu of collecting free rent reserves, the sponsor has provided a personal guaranty which is capped at $26,000,000 (except with respect to lease termination payments, ground lease payments and insurance premiums, none of which are subject to the cap).
(25) | The tenants shown in the Annex A-1 have signed leases but may or may not be open for business as of the cutoff date of the securitization. |
Loan No. 3 – 11 Madison Avenue – The 2nd Largest Tenant, Sony, which leases approximately 25.3% of the NRA at the 11 Madison Avenue Mortgaged Property, has not yet taken occupancy. The Sony space is being built out for such tenant.
Loan No. 5 – Good Samaritan Medical Tower – The Largest Tenant, University of Southern California, which leases approximately 10.0% of the NRA at the Good Samaritan Medical Tower Mortgaged Property, is negotiating a lease expansion with respect to 3,920 sq. ft. suite 800 expansion space, which has not yet been executed. If the lease is executed, University of Southern California is expected to take occupancy of the expansion space in January 2016. At closing, $130,771 was reserved by the borrower for the execution of the suite 800 expansion space and $321,771 for tenant improvements and leasing commissions in association with the suite 800 expansion space.
Loan No. 9 – 611 Cowper – The Largest Tenant, A9.com, which leases 100.0% of the NRA at the 611 Cowper Mortgaged Property, has not yet taken occupancy. The Mortgaged Property is newly constructed. The tenant is not expected to take occupancy at the Mortgaged Property until both (i) the borrower completes certain remaining required punch list items with respect to the landlord work it is required to perform under the lease and (ii) the tenant completes certain tenant improvement work for which it is entitled to tenant allowances under the lease. At loan closing, the borrower deposited approximately $1,620,000 into a free rent reserve account (representing six months of free rent) to cover any delays in rent commencement. Additionally, Amazon provided a parent company guarantee for A9.com’s lease subject to a maximum liability amount of $10,000,000.
Loan No. 17 – Lake Creek Festival – The 3rd Largest Tenant, Pinballz Arcade, which leases approximately 11.9% of the NRA at the Lake Creek Festival Mortgaged Property, has not yet taken occupancy and is currently building out its space. The Pinballz Arcade’s lease commenced on August 1, 2015 and provides for six months of free rent between the period of September 2015 and January 2016, for which $120,063 was reserved for at closing.
Loan No. 19 – Kenhorst Plaza – The 2nd Largest Tenant, Retro Fitness (Beach One Holdings, LLC) (which occupies approximately 13.3% of net rentable area), executed a lease but has not yet taken possession of the premises. The tenant is expected to take occupancy in March 2016, replacing the current tenant, Sears Hardware (Sears, Roebuck, & Co.), which has a lease expiration of February 3, 2016.
Loan No. 27 – Brown Street Centre – The 5th Largest Tenant, Nexus Realty, which leases approximately 5.7% of the NRA at the Brown Street Centre Mortgaged Property, is expected to take occupancy in October 2015 and commencement of monthly rent payments is expected to begin in November 2015.
(26) | Loan No. 3 – 11 Madison Avenue – The borrowers, 11 Madison Avenue Owner LLC, 11 Madison Avenue Owner 2 LLC, 11 Madison Avenue Owner 3 LLC, 11 Madison Avenue Owner 4 LLC, 11 Madison Avenue Owner 5 LLC and 11 Madison Avenue Owner 6 LLC, are structured as tenants-in-common and are each a |
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Delaware limited liability company structured to be bankruptcy-remote, with two independent directors in its organizational structure. The sponsor of the borrowers and the non-recourse carveout guarantor is SL Green Realty Corp. |
Loan No. 10 – Springfield Mall – The borrowers, PR Springfield/Delco Limited Partnership and KS Springfield Limited Partnership are structured as tenants-in-common and are a Pennsylvania limited partnership and a Delaware limited partnership, respectively. The sponsors of the borrowers and the non-recourse carveout guarantors are Simon Property Group, L.P. and PREIT Associates, L.P.
Loan No. 21 – A&H Olympic – The borrowers, 210 E. Olympic-1-AHOP, LLC; 210 E. Olympic-19.8-EHT, LLC; 210 E. Olympic-39.6-HFE, LLC; 210 E. Olympic-39.6-210EOB, LLC, are structured as tenants-in-common, and are each a Delaware limited liability company structured to be bankruptcy-remote, with one independent director in its organizational structure. The sponsors of the borrowers and the non-recourse carveout guarantors are Moshe Aflalo, Efrem Harkham and Uri Harkham.
Loan No. 23 – A&H Maple Avenue – The borrowers, 1007 Maple-1-AHMP, LLC; 1007 Maple-24.75-EHT, LLC; 1007 Maple-24.75-HFE, LLC; 1007 Maple-24.75-1001MA, LLC; 1007 Maple-24.75-1139MA, LLC, are structured as tenants-in-common, and are each a Delaware limited liability company structured to be bankruptcy-remote, with one independent director in its organizational structure. The sponsors of the borrowers and the non-recourse carveout guarantors are Moshe Aflalo, Efrem Harkham and Uri Harkham.
Loan No. 35 – Walgreens VA Beach – The borrowers, 645 First Colonial Road Investor #1, LLC; 645 First Colonial Road Investor #10, LLC; 645 First Colonial Road Investor #14, LLC; 645 First Colonial Road Investor #23, LLC; 645 First Colonial Road Investor #24, LLC; 645 First Colonial Road Investor #JH, LLC, are structured as tenants-in-common and are each a special purpose Delaware limited liability company. The sponsors of the borrowers and the non-recourse carveout guarantors are Joseph Plotnick; Chris Steiner; Howard Hertz; Jeffrey Leibovitz; Darryl Stineman; John Hobson.
Loan No. 51 – 691 14th Street Retail – The borrowers, Crapgame, LLC; and Drewry Capital, LLC, are structured as tenants-in-common and are both a Georgia limited liability company structured to be bankruptcy-remote. The sponsors of the borrowers and the non-recourse carveout guarantors are J. Christopher Faussemagne and Michael Millett.
(27) | All upfront reserve balances reflect the upfront reserve amount at loan origination. The current balance may be less than the amount shown. |
Loan No. 36 – Holiday Inn Express & Suites Rockport – At closing a seasonality reserve of $110,000 was collected. If funds are disbursed from the seasonality reserve, then borrower will be required to deposit the lesser of (i) 25% of the seasonality reserve cap ($110,000) and (ii) available cash flow after debt service and reserve and all other payments due under the loan until the seasonality reserve cap is reached (initially $110,000).
Loan No. 43 – Hampton Inn & Suites – Portland – At closing a seasonality reserve of $30,000 was collected. If funds are disbursed from the seasonality reserve, then borrower will be required to deposit the lesser of (i) 25% of the seasonality reserve cap ($19,000) and (ii) available cash flow after debt service and reserve and all other payments due under the loan until the seasonality reserve cap is reached (initially $30,000).
Loan No. 56 – Best Western Cleveland Airport – At closing a seasonality reserve of $19,000 was collected. If funds are disbursed from the seasonality reserve, then borrower will be required to deposit the lesser of (i) 25% of the seasonality reserve cap ($30,000) and (ii) available cash flow after debt service and reserve and all other payments due under the loan until the seasonality reserve cap is reached (initially $19,000).
(28) | All ongoing reserve balances reflect the ongoing reserve amount at loan origination. The current balance may be greater than or less than the amount shown. Monthly reserves required to be deposited in such accounts may be capped pursuant to the related Mortgage Loan Documents. |
(29) | Loan No. 7 – Beach House Hilton Head – Beginning in April 2016, the borrower will be required to deposit an amount equal to 1/8 of the Seasonal Working Capital Reserve Account Annual Deposit on each monthly payment date in April, May, June, July, August, September, October and November if the seasonal working capital reserve account balance is less than the Seasonal Working Capital Reserve Account Annual Deposit |
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Amount. On each monthly payment date, in December, January, February and/or March the borrower will be required to pay 1/12 of the estimated required monthly deposits into the tax reserve account, the insurance reserve account (if a blanket policy is no longer in place) and the FF&E reserve account due, in order to cover the respective amounts that were not collected during the Seasonal Working Capital Reserve Account Monthly Deposits. |
Loan No. 35 – Walgreens VA Beach – The borrower is required to deposit $1,250 per month if the Remediation Work is not completed by December 1, 2016.
(30) | Loan No. 1 – Equity Inns Portfolio – On a quarterly basis, the borrower will be required to make deposits into the PIP Reserve equal to a pre-determined amount set forth under the loan agreement, in the aggregate of $27,500,000. |
(31) | Loan No. 1 – Equity Inns Portfolio – Borrower may deliver a letter of credit to cure a DSCR trigger event which would cause a cash sweep, in an amount which, if applied to the outstanding principal balance of the Mortgage Loan would result in the required DSCR cash sweep cure threshold being satisfied. |
Loan No. 2 – 32 Avenue of the Americas – Borrower may deliver a letter of credit to avoid a DSCR trigger event which would cause a cash sweep, in an amount which, if applied to the outstanding principal balance of the Mortgage Loan would result in the DSCR trigger event not occurring.
Loan No. 3 – 11 Madison Avenue – The borrower is responsible for approximately $140,212,434 of leasing commissions, tenant improvements and base building work under major tenant leases, including its leases with Credit Suisse, Sony, and other tenants. At origination of the related mortgage loan, (1) the borrower deposited $81,152,102 in a lease costs account for the payment of such expenses, and (2) the guarantor under such mortgage loan, SL Green Realty Corp., provided a lease costs guaranty in the amount of the remaining $59,060,332 of such expenses.
Loan No. 14 – Carrollwood Station – The borrower is planning to perform $1.55 million of renovations at the mortgaged property. With respect to $900,000 of such expenses, the borrower and guarantor provided a lien-free completion guaranty in such amount in lieu of providing cash reserves.
Loan No. 44 – 40 Wall Street – In lieu of monthly deposits into the insurance, replacement, TI/LC and ground rent reserve accounts, the sponsor has provided a personal guaranty which is capped at $26,000,000 (except with respect to lease termination payments, ground lease payments and insurance premiums, none of which are subject to the cap)
(32) | With respect to the Mortgage Loans identified below, the lender is insured under an environmental insurance policy obtained (i) in lieu of obtaining a Phase II Environmental Site Assessment, (ii) in lieu of providing an indemnity or guaranty from a sponsor or (iii) to address environmental conditions or concerns. For additional information, see “Risk Factors—Risks Related to the Mortgage Loans—Potential Issuing Entity Liability Related to a Materially Adverse Environmental Condition” in this free writing prospectus. |
Loan No. | Mortgage Loan | Mortgage Loan Cut-off Date Balance | % of Initial Outstanding Pool Balance | Maximum Policy Amount | Premium Paid in Full | Expiration | ||||||
6 | Harvey Building Products Portfolio | $41,953,778 | 4.4% | $6,000,000 | Yes | 10/1/2023 | ||||||
35 | Walgreens VA Beach | $7,365,000 | 0.8% | $5,000,000 | Yes | 10/23/2023 |
(33) | Summary of Existing Pari Passu Debt |
Loan No. | Mortgage Loan | Mortgage Loan Cut-off Date Balance | Pari Passu Companion Loan Cut-off Date Balance | Loan Combination Cut- off Date Balance | Loan Combination U/W NCF DSCR | Loan Combination Cut-off Date LTV Ratio | Loan Combination Cut-off Date U/W NOI Debt Yield |
1 | Equity Inns Portfolio | $80,000,000 | $152,000,000 | $232,000,000 | 2.35x | 64.4% | 13.3% |
2 | 32 Avenue of the Americas | $70,000,000 | $355,000,000 | $425,000,000 | 1.88x | 55.2% | 9.8% |
3 | 11 Madison Avenue | $69,600,000 | $694,730,000 | $764,330,000(1) | 3.89x | 32.5% | 14.3% |
6 | Harvey Building Products Portfolio | $41,953,778 | $67,925,164 | $109,878,942 | 1.96x | 53.5% | 12.8% |
10 | Springfield Mall | $32,460,817 | $32,460,817 | $64,921,633 | 1.76x | 58.0% | 11.1% |
44 | 40 Wall Street | $4,960,524 | $153,776,230 | $158,736,754 | 2.13x | 29.4% | 14.2% |
(1) | The Loan Combination Cut-off Date Balance, U/W NCF DSCR, Cut-off Date LTV Ratio and Cut-off Date U/W NOI Debt Yield excludes three subordinate companion loans in the aggregate original amount of $310.67 million as well as two mezzanine loans in the aggregate original balance of $325.0 million. |
A-1-45 |
(34) | Split Loan Summary |
Loan No. | Mortgage Loan | Mortgage Loan Cut-off Date Balance | Subordinate Companion Loan Cut-off Date Balance | Total Mortgage Debt Cut-off Date Balance(1) | Pooled Trust U/W NCF DSCR | Total Mortgage Debt U/W NCF DSCR | Pooled Trust Cut-off Date LTV | Total Mortgage Debt Cut-off Date LTV Ratio | Pooled Trust U/W NOI Debt Yield | Total Mortgage Debt U/W NOI Debt Yield |
3 | 11 Madison Avenue | $69,600,000 | $310,670,000 | $1,075,000,000 | 3.89x | 1.97x | 32.5% | 59.6% | 14.3% | 7.8% |
(1) | Total mortgage debt includes the additionalpari passu loans and the subordinate companion loans. |
(35) | Summary of Existing Mezzanine Debt |
Loan No. | Mortgage Loan | Mortgage Loan Cut-off Date Balance | % of Initial Outstanding Pool Balance | Mezzanine Debt Cut-off Date Balance | Annual Interest | Mezzanine Loan | Intercreditor Agreement | Total | Total | Total | ||||||||||
3 | 11 Madison Avenue(1) | $69,600,000 | 7.2% | $325,000,000 | 4.7577%(2) | 9/6/2025 | Yes | 59.6% | 1.97x | 7.8% | ||||||||||
4 | 1209 DeKalb | $46,000,000 | 4.8% | $8,500,000 | 9.3750% | 10/6/2020 | Yes | 85.7% | 1.08x | 6.0% | ||||||||||
22 | Brentwood Retail Center | $13,290,772 | 1.4% | $2,000,000 | 10.0000% | 10/6/2025 | Yes | 76.5% | 1.01x | 7.1% |
(1) | With respect to the 11 Madison Avenue Mortgage Loan, LTV, DSCR and debt yield calculations include the relatedpari passu companion loans. Two mezzanine loans were funded concurrently with the closing of the 11 Madison Avenue Loan. A $150,000,000 mezzanine A loan, which is coterminous with the 11 Madison Avenue Mortgage Loan, accrues interest at a fixed per annum rate equal to 4.6500% and a $175,000,000 mezzanine B loan, which is coterminous with the 11 Madison Avenue Mortgage Loan, accrues interest at a fixed per annum rate equal to 4.8500%. Total Debt Cut-off Date LTV Ratio, Total Debt U/W NCF DSCR and Total Debt U/W NOI Debt Yield include the relatedpari passu companion loans, the related subordinate loans and the two mezzanine loans. An intercreditor agreement is in place (i) among the holders of the 11 Madison Avenue Mortgage Loan, the relatedpari passu companion loans and the related subordinate loans and (ii) as between the holders of the foregoing loans, and the holders of the related mezzanine loans. |
(2) | The annual interest rate on the mezzanine loan is a blended rate. The actual interest rates on the mezzanine A loan and mezzanine B loan are 4.6500% and 4.8500%, respectively. |
(35) | Summary of Future Mezzanine Debt |
Loan No.(1) | Mortgage Loan | Mortgage Loan Cut-off Date Balance | % of Initial Outstanding Pool Balance | Intercreditor Agreement Required | Combined Minimum DSCR | Combined Maximum LTV | Combined Debt Yield | |||||||
2 | 32 Avenue of the Americas | $70,000,000 | 7.3% | Yes | 1.90x | 53.7% | NAP | |||||||
4 | 1209 DeKalb | $46,000,000 | 4.8% | Yes | NAP | 72.3% | NAP | |||||||
5 | Good Samaritan Medical Tower | $42,700,000 | 4.4% | Yes | 1.35x | 62.8% | 8.4% | |||||||
7 | Beach House Hilton Head | $40,000,000 | 4.2% | Yes | 1.43x | 72.73% | 9.6% | |||||||
32 | 75 Executive Drive | $8,169,533 | 0.9% | Yes | 1.30x | 70.0% | NAP | |||||||
38 | Monument Creek | $6,640,000 | 0.7% | Yes | 1.40x | 75.0% | NAP | |||||||
58 | Family Dollar - Rose Hill | $997,500 | 0.1% | Yes | 1.20x | 85.0% | NAP | |||||||
59 | Family Dollar - Moultrie | $927,500 | 0.1% | Yes | 1.20x | 85.0% | NAP | |||||||
60 | Family Dollar - Biscoe | $857,500 | 0.1% | Yes | 1.20x | 85.0% | NAP | |||||||
61 | Family Dollar - Rockingham | $819,000 | 0.1% | Yes | 1.20x | 85.0% | NAP | |||||||
62 | Dollar General - De Soto | $702,000 | 0.1% | Yes | 1.20x | 85.0% | NAP |
(1) | The chart above does not include Harvey Building Products Portfolio Mortgage Loan, which allows for the borrower to obtain a pledge of direct or indirect interests in the guarantor of the mortgage loan to secure corporate level financing, provided that the value of the Harvey Building Products Portfolio Mortgaged Properties is not more than 25% of the value of all security for such financing. There is no requirement for an intercreditor agreement in connection with such pledges. |
A-1-46 |