| | FREE WRITING PROSPECTUS |
| | FILED PURSUANT TO RULE 433 |
| | REGISTRATION FILE NO.: 333-206677-20 |
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| WFCM 2017-C41 Disclaimer STATEMENT REGARDING THIS FREE WRITING PROSPECTUS The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (’’SEC’’) (SEC File No. 333-206677) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com. Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time. STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. 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 Wells Fargo Securities, LLC, Barclays Capital Inc., Academy Securities, Inc., or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us. This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this freewriting prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement. Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A. Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC are distinct entities from affiliated banks and thrifts. IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES The information herein is preliminary and may be supplemented or amended prior to the time of sale. In addition, 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. The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials. The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale. IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS Any legends, disclaimers or other notices that may appear at the bottom of any 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) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system. | |
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ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | Cross Collateralized and Cross Defaulted Loan Flag | Address | City | State | Zip Code | General Property Type | Specific Property Type | Year Built(9) | Year Renovated(9) | Number of Units(2) | Unit of Measure(2) | Cut-off Date Balance Per Unit/SF(2)(6) | Original Balance ($) |
1 | Headquarters Plaza | Barclays | | 1,2,3 and 4 Speedwell Avenue | Morristown | NJ | 07960 | Mixed Use | Office/Hospitality/Retail | 1982 | 2009 | 729,516 | Sq. Ft. | 169 | 50,000,000 |
2 | Marriott LAX | LCF | | 5855 West Century Boulevard | Los Angeles | CA | 90045 | Hospitality | Full Service | 1972 | 2017 | 1,004 | Rooms | 144,578 | 44,450,000 |
3 | Mall of Louisiana | Barclays | | 6401 Bluebonnet Boulevard; 9168 Mall of Louisiana Boulevard; 9330 Mall of Louisiana Boulevard | Baton Rouge | LA | 70836 | Retail | Super Regional Mall | 1997 | 2008 | 776,789 | Sq. Ft. | 418 | 41,000,000 |
4 | Adler Portfolio | WFB | | Various | Various | Various | Various | Various | Various | Various | Various | 969,753 | Sq. Ft. | 42 | 40,300,000 |
4.01 | Carmel Executive Park | WFB | | 7300, 7301, 7400, 7401, 7421, 7422 Carmel Executive Park Drive | Charlotte | NC | 28226 | Office | Suburban | 1982 | 1989 | 223,288 | Sq. Ft. | | 13,800,000 |
4.02 | Vista Point North | WFB | | 405 South State Highway 121 a/k/a 405 South State Highway 121 | Lewisville | TX | 75067 | Office | Suburban | 2000 | | 143,810 | Sq. Ft. | | 7,400,000 |
4.03 | Greenbriar Business Park | WFB | | 2525 Perimeter Place Drive | Nashville | TN | 37214 | Office | Suburban | 1986 | 2006 | 135,653 | Sq. Ft. | | 6,000,000 |
4.04 | Plaza Southwest | WFB | | 5755 Bonhomme Road; 5601, 5750 Bintliff Drive; 7302, 7350 Harwin Drive | Houston | TX | 77036 | Industrial | Flex | 1972 | | 152,173 | Sq. Ft. | | 4,700,000 |
4.05 | Commerce Park North | WFB | | 15621, 15631 and 15701 Blue Ash Drive | Houston | TX | 77090 | Industrial | Flex | 1983 | | 97,332 | Sq. Ft. | | 2,700,000 |
4.06 | Crescent 10 Facility | WFB | | 1304, 1350, 1306 & 1307 Langham Creek Drive | Houston | TX | 77084 | Industrial | Flex | 1978 | | 98,008 | Sq. Ft. | | 2,650,000 |
4.07 | Technipark Ten Service Center | WFB | | 16115 & 16155 Park Row | Houston | TX | 77084 | Industrial | Flex | 1984 | | 71,673 | Sq. Ft. | | 2,300,000 |
4.08 | Westchase Park | WFB | | 3120 and 3130 Rogerdale Road | Houston | TX | 77042 | Industrial | Flex | 1983 | | 47,816 | Sq. Ft. | | 750,000 |
5 | U.S. Industrial Portfolio III | Barclays | | Various | Various | Various | Various | Various | Various | Various | Various | 2,886,593 | Sq. Ft. | 42 | 30,537,149 |
5.01 | 2121 Gardner Street | Barclays | | 2121 Gardner Street | Elliston | VA | 24087 | Industrial | Warehouse | 2000 | | 378,270 | Sq. Ft. | | 4,181,340 |
5.02 | 975 Cottonwood Avenue | Barclays | | 975 Cottonwood Avenue | Hartland | WI | 53029 | Industrial | Warehouse | 2000 | | 175,042 | Sq. Ft. | | 2,577,538 |
5.03 | 4925 Bulls Bay Highway | Barclays | | 4925 Bulls Bay Highway | Jacksonville | FL | 32219 | Industrial | Warehouse | 2006 | | 198,408 | Sq. Ft. | | 2,510,713 |
5.04 | 1500 Southeast 37th Street | Barclays | | 1500 Southeast 37th Street | Grimes | IA | 50111 | Industrial | Warehouse | 1961 | 2017 | 248,257 | Sq. Ft. | | 1,909,288 |
5.05 | 10450 Medallion Drive | Barclays | | 10450 Medallion Drive | Cincinnati | OH | 45241 | Industrial | Warehouse | 1998 | | 151,506 | Sq. Ft. | | 1,871,102 |
5.06 | 1501 Industrial Boulevard | Barclays | | 1501 Industrial Boulevard | Harleysville | PA | 19438 | Industrial | Warehouse | 1973 | 2013 | 112,253 | Sq. Ft. | | 1,871,102 |
5.07 | 1001 DDC Way | Barclays | | 1001 DDC Way | Fairfield | OH | 45014 | Office | Suburban | 1981 | 2004 | 66,444 | Sq. Ft. | | 1,624,804 |
5.08 | 1152 Armorlite Drive | Barclays | | 1152 Armorlite Drive | San Marcos | CA | 92069 | Industrial | Warehouse | 1986 | | 44,313 | Sq. Ft. | | 1,323,137 |
5.09 | 3800 West Broward Boulevard | Barclays | | 3800 West Broward Boulevard | Plantation | FL | 33312 | Office | Suburban | 1956 | 2010 | 32,688 | Sq. Ft. | | 1,298,316 |
5.10 | 2900 & 2950 Hill Avenue | Barclays | | 2900 & 2950 Hill Avenue | Toledo | OH | 43607 | Industrial | Warehouse | 1955 | | 237,698 | Sq. Ft. | | 1,288,769 |
5.11 | 1700 Highland Road | Barclays | | 1700 Highland Road | Twinsburg | OH | 44087 | Industrial | Warehouse | 1986 | | 115,169 | Sq. Ft. | | 1,245,810 |
5.12 | 1972 Salem Industrial Drive | Barclays | | 1972 Salem Industrial Drive | Salem | VA | 24153 | Industrial | Warehouse | 1972 | | 317,144 | Sq. Ft. | | 1,241,037 |
5.13 | 1800 University Parkway | Barclays | | 1800 University Parkway | Sarasota | FL | 34243 | Industrial | Warehouse | 1965 | | 105,752 | Sq. Ft. | | 1,221,944 |
5.14 | 621 Hunt Valley Circle | Barclays | | 621 Hunt Valley Circle | New Kensington | PA | 15068 | Industrial | Warehouse | 2002 | 2009 | 61,796 | Sq. Ft. | | 992,830 |
5.15 | 5000 Askins Lane | Barclays | | 5000 Askins Lane | Houston | TX | 77093 | Industrial | Warehouse | 1978 | | 100,040 | Sq. Ft. | | 926,005 |
5.16 | 900 Chaddick Drive | Barclays | | 900 Chaddick Drive | Wheeling | IL | 60090 | Industrial | Warehouse | 1982 | | 75,902 | Sq. Ft. | | 897,365 |
5.17 | 6600 Chapek Parkway | Barclays | | 6600 Chapek Parkway | Cuyahoga Heights | OH | 44125 | Industrial | Warehouse | 1952 | | 157,950 | Sq. Ft. | | 859,179 |
5.18 | 53208 Columbia Drive | Barclays | | 53208 Columbia Drive | Elkhart | IN | 46514 | Industrial | Warehouse | 2005 | | 117,938 | Sq. Ft. | | 840,087 |
5.19 | 7750 Hub Parkway | Barclays | | 7750 Hub Parkway | Valley View | OH | 44125 | Industrial | Warehouse | 1971 | | 83,404 | Sq. Ft. | | 806,674 |
5.20 | 21699 Torrence Avenue & 2701 Kalvelage Drive | Barclays | | 21699 Torrence Avenue & 2701 Kalvelage Drive | Sauk Village | IL | 60411 | Industrial | Warehouse | 1977 | | 67,995 | Sq. Ft. | | 534,600 |
5.21 | 3221 Cherry Palm Drive | Barclays | | 3221 Cherry Palm Drive | Tampa | FL | 33619 | Industrial | Warehouse | 1988 | | 38,624 | Sq. Ft. | | 515,507 |
6 | National Office Portfolio | LCF | | Various | Various | Various | Various | Office | Suburban | Various | Various | 2,572,700 | Sq. Ft. | 72 | 30,000,000 |
6.01 | 8330 LBJ Freeway | LCF | | 8330 & 8360 LBJ Freeway | Dallas | TX | 75243 | Office | Suburban | 1984 | 2010 | 381,383 | Sq. Ft. | | 5,554,378 |
6.02 | 101 East Park Boulevard | LCF | | 101 East Park Boulevard | Plano | TX | 75074 | Office | Suburban | 1983 | 2012 | 225,445 | Sq. Ft. | | 4,349,189 |
6.03 | 13601 Preston Road | LCF | | 13601 Preston Road | Dallas | TX | 75240 | Office | Suburban | 1973 | 2009 | 261,975 | Sq. Ft. | | 3,493,946 |
6.04 | 1750 East Golf Road | LCF | | 1750 East Golf Road | Schaumburg | IL | 60173 | Office | Suburban | 1985 | 2013 | 212,212 | Sq. Ft. | | 2,837,838 |
6.05 | 14800 Quorum Drive | LCF | | 14800 Quorum Drive | Addison | TX | 75254 | Office | Suburban | 1981 | 2011 | 103,877 | Sq. Ft. | | 1,576,216 |
6.06 | 1995 North Park Place | LCF | | 1995 North Park Place | Atlanta | GA | 30339 | Office | Suburban | 1985 | 2013 | 99,920 | Sq. Ft. | | 1,401,081 |
6.07 | Northlake - 2295 Parklake Dr NE | LCF | | 2295 Parklake Drive | Atlanta | GA | 30345 | Office | Suburban | 1973 | 2014 | 121,528 | Sq. Ft. | | 1,383,568 |
6.08 | 4751 Best Road | LCF | | 4751 Best Road | Atlanta | GA | 30337 | Office | Suburban | 1987 | 2013 | 93,084 | Sq. Ft. | | 1,313,514 |
6.09 | The Centre - 4101 McEwen Road | LCF | | 4101 McEwen Road | Farmers Branch | TX | 75244 | Office | Suburban | 1979 | 2013 | 124,326 | Sq. Ft. | | 1,141,297 |
6.10 | The Centre - 4099 McEwen Road | LCF | | 4099 McEwen Road | Farmers Branch | TX | 75244 | Office | Suburban | 1979 | 2013 | 123,711 | Sq. Ft. | | 1,141,297 |
6.11 | 11225 North 28th Drive | LCF | | 11225 North 28th Drive | Phoenix | AZ | 85029 | Office | Suburban | 1982 | 2011 | 135,501 | Sq. Ft. | | 1,068,324 |
6.12 | 10000 North 31st Ave | LCF | | 10000 North 31st Ave | Phoenix | AZ | 85051 | Office | Suburban | 1982 | 2012 | 128,180 | Sq. Ft. | | 959,351 |
6.13 | The Centre - 4001 McEwen Road | LCF | | 4001 McEwen Road | Farmers Branch | TX | 75244 | Office | Suburban | 1980 | 2013 | 95,192 | Sq. Ft. | | 891,892 |
6.14 | 4425 W Airport Fwy | LCF | | 4425 West Airport Freeway | Irving | TX | 75062 | Office | Suburban | 1981 | 2015 | 85,212 | Sq. Ft. | | 753,081 |
6.15 | Northlake - 2302 Parklake Dr NE | LCF | | 2302 Parklake Drive | Atlanta | GA | 30346 | Office | Suburban | 1979 | 2014 | 111,223 | Sq. Ft. | | 664,865 |
6.16 | Northlake - 2305&2309 Parklake Dr NE | LCF | | 2305-2309 Parklake Drive | Atlanta | GA | 30345 | Office | Suburban | 1973 | 2014 | 65,158 | Sq. Ft. | | 545,838 |
6.17 | 12100 Ford Road | LCF | | 12000 & 12100 Ford Road | Farmers Branch | TX | 75234 | Office | Suburban | 1979 | 2012 | 158,004 | Sq. Ft. | | 502,703 |
6.18 | The Centre - 4000N&S McEwen Road | LCF | | 4000N McEwen Road | Farmers Branch | TX | 75244 | Office | Suburban | 1979 | 2013 | 46,769 | Sq. Ft. | | 421,622 |
7 | HGI Savannah Historic District | WFB | | 321 West Bay Street | Savannah | GA | 31401 | Hospitality | Select Service | 2005 | 2011 | 133 | Rooms | 199,248 | 26,500,000 |
8 | Belden Park Crossing | LCF | | 5496 Dressler Road | Canton | OH | 44720 | Retail | Anchored | 1995 | 2016 | 483,984 | Sq. Ft. | 105 | 23,000,000 |
9 | One Century Place | Barclays | | 26 Century Boulevard | Nashville | TN | 37214 | Office | Suburban | 1991 | 2016 | 538,792 | Sq. Ft. | 123 | 22,300,000 |
10 | 61 Grove Street | LCF | | 61 Grove Street | New York | NY | 10014 | Mixed Use | Multifamily/Retail | 1900 | 2016 | 12 | Units | 1,804,167 | 21,650,000 |
11 | 777 Township Line Road | Barclays | | 777 Township Line Road | Yardley | PA | 19067 | Office | Suburban | 2006 | | 110,000 | Sq. Ft. | 191 | 21,000,000 |
12 | The View at Marlton | AREF | | 1011-1051 Route 73 North | Marlton | NJ | 08053 | Retail | Anchored | 2017 | | 91,069 | Sq. Ft. | 291 | 20,500,000 |
13 | Corporate Center I & III | AREF | | 8880-8930 West Sunset Road | Las Vegas | NV | 89148 | Office | Suburban | 2009 | | 95,002 | Sq. Ft. | 213 | 20,250,000 |
14 | DoubleTree Berkeley Marina | AREF | | 200 Marina Boulevard | Berkeley | CA | 94710 | Hospitality | Full Service | 1972 | 2016 | 378 | Rooms | 138,889 | 20,000,000 |
15 | Redmont Hotel Curio | LCF | | 2101 5th Avenue North | Birmingham | AL | 35203 | Hospitality | Full Service | 1925 | 2016 | 120 | Rooms | 158,333 | 19,000,000 |
16 | 555 De Haro | AREF | | 555 De Haro Street | San Francisco | CA | 94107 | Industrial | Flex | 1917 | 1980 | 49,946 | Sq. Ft. | 380 | 19,000,000 |
17 | Macedonia Commons | LCF | | 8210 Macedonia Commons Boulevard | Macedonia | OH | 44056 | Retail | Anchored | 1994 | | 312,216 | Sq. Ft. | 110 | 18,000,000 |
18 | Northwoods Center | AREF | | 1005, 1009, 1201-3321, 1249-1259 Bruce B Downs Boulevard | Wesley Chapel | FL | 33544 | Retail | Shadow Anchored | 2003 | | 95,994 | Sq. Ft. | 177 | 16,975,000 |
19 | 100-102 Forsyth Street | AREF | | 100 & 102 Forsyth Street | New York | NY | 10002 | Mixed Use | Multifamily/Retail | 1900 | 2016 | 18,555 | Sq. Ft. | 862 | 16,000,000 |
20 | Hilton Houston Galleria TX | WFB | | 6780 Southwest Freeway | Houston | TX | 77074 | Hospitality | Full Service | 1978 | 2016 | 292 | Rooms | 53,425 | 15,600,000 |
21 | Del Amo Fashion Center | Barclays | | 3525 West Carson Street | Torrance | CA | 90503 | Retail | Super Regional Mall | 1961 | 2017 | 1,769,525 | Sq. Ft. | 260 | 15,000,000 |
22 | Hallandale Self Storage | LCF | | 450 Ansin Boulevard | Hallandale Beach | FL | 33009 | Self Storage | Self Storage | 1979 | 2008 | 100,489 | Sq. Ft. | 135 | 13,540,000 |
23 | Springville Heights Condominium | AREF | | 80 Richmond Hill Road | Staten Island | NY | 10314 | Multifamily | Mid Rise | 1988 | 2017 | 109 | Units | 123,853 | 13,500,000 |
24 | HGI Plymouth | WFB | | 14600 Sheldon Road | Plymouth | MI | 48170 | Hospitality | Select Service | 1999 | 2016 | 157 | Rooms | 83,439 | 13,100,000 |
25 | 1030-1040 Broad Street | AREF | | 1030-1040 Broad Street | Shrewsbury | NJ | 07702 | Office | Suburban | 1984 | 2012 | 108,513 | Sq. Ft. | 120 | 13,000,000 |
26 | Columbia Park Shopping Center | AREF | | 3129-3131 John F. Kennedy Boulevard | North Bergen | NJ | 07047 | Retail | Anchored | 1999 | | 345,703 | Sq. Ft. | 181 | 12,700,000 |
27 | Dublin Corners | WFB | | 4540-4590 Dublin Boulevard | Dublin | CA | 94568 | Retail | Unanchored | 2005 | | 32,155 | Sq. Ft. | 388 | 12,500,000 |
28 | Residence Inn Omaha Aksarben Village | AREF | | 1717 S. 67th Street | Omaha | NE | 68106 | Hospitality | Extended Stay | 2014 | | 118 | Rooms | 101,695 | 12,000,000 |
29 | Simi Valley Industrial Park | Barclays | | 2635, 2655, 2665 and 2685 Park Center Drive | Simi Valley | CA | 93065 | Industrial | Flex | 1986 | | 154,734 | Sq. Ft. | 75 | 11,550,000 |
30 | Plaza de Hacienda | Barclays | | 42065-42305 Washington Street | Palm Desert | CA | 92211 | Retail | Anchored | 1993 | 2013 | 138,547 | Sq. Ft. | 80 | 11,100,000 |
31 | Northern Ohio Industrial Park | Barclays | | 1400 Lowell Street | Elyria | OH | 44035 | Industrial | Warehouse | 1946 | | 1,056,528 | Sq. Ft. | 10 | 11,000,000 |
32 | Cascade Building | AREF | | 520 SW 6th Avenue | Portland | OR | 97204 | Mixed Use | Retail/Office | 1926 | 2014 | 94,859 | Sq. Ft. | 105 | 10,000,000 |
33 | Paseo Lindo | Barclays | | 3705-3991 South Arizona Avenue | Chandler | AZ | 85248 | Retail | Anchored | 2013 | | 60,059 | Sq. Ft. | 152 | 9,145,000 |
34 | Marengo Plaza | AREF | | 1902 East Marengo Street | Los Angeles | CA | 90033 | Mixed Use | Retail/Office | 2015 | | 22,356 | Sq. Ft. | 402 | 9,000,000 |
35 | 444-446 86th Street | WFB | | 444-446 86th Street | Brooklyn | NY | 11209 | Retail | Anchored | 1923 | | 11,000 | Sq. Ft. | 786 | 8,650,000 |
36 | Alton Business Park | Barclays | | 6 Morgan & 30 Hughes | Irvine | CA | 92618 | Industrial | Flex | 1988 | | 78,844 | Sq. Ft. | 108 | 8,500,000 |
37 | Willowick Business Park | Barclays | | 2190 Meridian Park Boulevard | Concord | CA | 94520 | Industrial | Flex | 1979 | | 107,650 | Sq. Ft. | 79 | 8,450,000 |
38 | Omega Self Storage – Amityville Portfolio | WFB | | Various | Amityville | NY | 11701 | Self Storage | Self Storage | Various | | 57,453 | Sq. Ft. | 139 | 8,000,000 |
38.01 | 185-Omega Self Storage | WFB | | 185 Sunrise Highway | Amityville | NY | 11701 | Self Storage | Self Storage | 1990 | | 45,693 | Sq. Ft. | | 6,270,000 |
38.02 | 491-Omega Storage Inc. | WFB | | 491 Broadway | Amityville | NY | 11701 | Self Storage | Self Storage | 2000 | | 11,760 | Sq. Ft. | | 1,730,000 |
39 | Walnut Grove Medical Center | Barclays | | 947 South Anaheim Boulevard | Anaheim | CA | 92805 | Office | Medical | 2002 | | 40,597 | Sq. Ft. | 192 | 7,800,000 |
40 | Tustin Mayfair Plaza | WFB | | 720-784 North Tustin Street | Orange | CA | 92867 | Retail | Anchored | 1960 | 2017 | 41,340 | Sq. Ft. | 181 | 7,500,000 |
41 | Water Tower Self Storage | WFB | | 6350 & 6366 Sashabaw Road | Clarkston | MI | 48346 | Self Storage | Self Storage | 2007 | | 122,657 | Sq. Ft. | 58 | 7,125,000 |
42 | RSM Business Park | Barclays | | 30151, 30161, and 30191 Avenida de las Banderas | Rancho Santa Margarita | CA | 92688 | Industrial | Flex | 1990 | | 74,159 | Sq. Ft. | 93 | 6,890,000 |
43 | Avenue Hall Executive Center | Barclays | | 26074 Avenue Hall | Santa Clarita | CA | 91355 | Industrial | Flex | 1989 | | 87,322 | Sq. Ft. | 78 | 6,845,000 |
44 | Comfort Suites Hilton Head Bluffton | AREF | | 23 Towne Drive | Bluffton | SC | 29910 | Hospitality | Limited Service | 2004 | 2015 | 78 | Rooms | 76,552 | 6,000,000 |
45 | Harbor Court Plaza | LCF | | 13552 Harbor Boulevard | Garden Grove | CA | 92843 | Retail | Unanchored | 1987 | | 30,046 | Sq. Ft. | 183 | 5,500,000 |
46 | Boulevard Square II | Barclays | | 3140 Bluestem Drive | West Fargo | ND | 58078 | Mixed Use | Multifamily/Retail | 2014 | | 52,730 | Sq. Ft. | 94 | 4,960,000 |
47 | Shaw Blackstone Center-CA | WFB | | 54, 84, 88 East Shaw Avenue | Fresno | CA | 93710 | Retail | Unanchored | 1976 | | 34,231 | Sq. Ft. | 142 | 4,850,000 |
48 | Hampton Inn - Marshall | Barclays | | 325 Sam Hill Drive | Marshall | MI | 49068 | Hospitality | Limited Service | 2004 | 2015 | 73 | Rooms | 60,311 | 4,410,000 |
49 | Rite Aid Dunmore | LCF | | 217 South Blakely Street | Dunmore | PA | 18512 | Retail | Single Tenant | 2007 | | 11,180 | Sq. Ft. | 340 | 3,800,000 |
50 | Kirkwood Center | WFB | | 1050 South Kirkwood Road | Kirkwood | MO | 63122 | Retail | Shadow Anchored | 2000 | | 7,025 | Sq. Ft. | 256 | 1,800,000 |
51 | Preferred Self Storage | WFB | | 2250 North Douglas Boulevard | Midwest City | OK | 73141 | Self Storage | Self Storage | 2002 | 2008 | 35,350 | Sq. Ft. | 34 | 1,200,000 |
52 | Dollar General E. Peoria | LCF | | 1514 East Meadow Avenue | East Peoria | IL | 61611 | Retail | Single Tenant | 2017 | | 9,100 | Sq. Ft. | 112 | 1,015,000 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Cut-off Date Balance ($) | % of Aggregate Cut-off Date Balance | Maturity Date or ARD Balloon Payment ($) | ARD Loan | Origination Date | First Pay Date | Last IO Pay Date | First P&I Pay Date | Maturity Date or Anticipated Repayment Date | ARD Loan Maturity Date | Gross Mortgage Rate | Trust Advisor Fee | Certificate Administrator Fee Rate | Servicing Fee | CREFC® IP Royalty License Fee Rate | Asset Representations Reviewer Fee Rate | Net Mortgage Rate | Interest Accrual Method | Monthly P&I Payment ($) |
1 | Headquarters Plaza | 50,000,000 | 6.4% | 50,000,000 | N | 10/20/2017 | 12/6/2017 | 11/6/2027 | | 11/6/2027 | | 4.35500% | 0.00000% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.34061% | Actual/360 | 183,978.59 |
2 | Marriott LAX | 44,057,272 | 5.6% | 36,682,369 | N | 3/6/2017 | 4/6/2017 | | 4/6/2017 | 3/6/2027 | | 5.11400% | 0.00000% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 5.09961% | Actual/360 | 241,723.70 |
3 | Mall of Louisiana | 41,000,000 | 5.2% | 35,448,233 | N | 7/26/2017 | 9/1/2017 | 8/1/2020 | 9/1/2020 | 8/1/2027 | | 3.98400% | 0.00000% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 3.96961% | Actual/360 | 195,362.27 |
4 | Adler Portfolio | 40,300,000 | 5.1% | 33,191,611 | N | 11/7/2017 | 12/11/2017 | 11/11/2020 | 12/11/2020 | 11/11/2027 | | 4.35500% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.33912% | Actual/360 | 220,696.65 |
4.01 | Carmel Executive Park | 13,800,000 | 1.8% | | | | | | | | | | | | | | | | | |
4.02 | Vista Point North | 7,400,000 | 0.9% | | | | | | | | | | | | | | | | | |
4.03 | Greenbriar Business Park | 6,000,000 | 0.8% | | | | | | | | | | | | | | | | | |
4.04 | Plaza Southwest | 4,700,000 | 0.6% | | | | | | | | | | | | | | | | | |
4.05 | Commerce Park North | 2,700,000 | 0.3% | | | | | | | | | | | | | | | | | |
4.06 | Crescent 10 Facility | 2,650,000 | 0.3% | | | | | | | | | | | | | | | | | |
4.07 | Technipark Ten Service Center | 2,300,000 | 0.3% | | | | | | | | | | | | | | | | | |
4.08 | Westchase Park | 750,000 | 0.1% | | | | | | | | | | | | | | | | | |
5 | U.S. Industrial Portfolio III | 30,537,149 | 3.9% | 27,797,280 | N | 10/12/2017 | 12/5/2017 | 11/5/2022 | 12/5/2022 | 11/5/2027 | | 4.18000% | 0.00000% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.16561% | Actual/360 | 148,975.65 |
5.01 | 2121 Gardner Street | 4,181,340 | 0.5% | | | | | | | | | | | | | | | | | |
5.02 | 975 Cottonwood Avenue | 2,577,538 | 0.3% | | | | | | | | | | | | | | | | | |
5.03 | 4925 Bulls Bay Highway | 2,510,713 | 0.3% | | | | | | | | | | | | | | | | | |
5.04 | 1500 Southeast 37th Street | 1,909,288 | 0.2% | | | | | | | | | | | | | | | | | |
5.05 | 10450 Medallion Drive | 1,871,102 | 0.2% | | | | | | | | | | | | | | | | | |
5.06 | 1501 Industrial Boulevard | 1,871,102 | 0.2% | | | | | | | | | | | | | | | | | |
5.07 | 1001 DDC Way | 1,624,804 | 0.2% | | | | | | | | | | | | | | | | | |
5.08 | 1152 Armorlite Drive | 1,323,137 | 0.2% | | | | | | | | | | | | | | | | | |
5.09 | 3800 West Broward Boulevard | 1,298,316 | 0.2% | | | | | | | | | | | | | | | | | |
5.10 | 2900 & 2950 Hill Avenue | 1,288,769 | 0.2% | | | | | | | | | | | | | | | | | |
5.11 | 1700 Highland Road | 1,245,810 | 0.2% | | | | | | | | | | | | | | | | | |
5.12 | 1972 Salem Industrial Drive | 1,241,037 | 0.2% | | | | | | | | | | | | | | | | | |
5.13 | 1800 University Parkway | 1,221,944 | 0.2% | | | | | | | | | | | | | | | | | |
5.14 | 621 Hunt Valley Circle | 992,830 | 0.1% | | | | | | | | | | | | | | | | | |
5.15 | 5000 Askins Lane | 926,005 | 0.1% | | | | | | | | | | | | | | | | | |
5.16 | 900 Chaddick Drive | 897,365 | 0.1% | | | | | | | | | | | | | | | | | |
5.17 | 6600 Chapek Parkway | 859,179 | 0.1% | | | | | | | | | | | | | | | | | |
5.18 | 53208 Columbia Drive | 840,087 | 0.1% | | | | | | | | | | | | | | | | | |
5.19 | 7750 Hub Parkway | 806,674 | 0.1% | | | | | | | | | | | | | | | | | |
5.20 | 21699 Torrence Avenue & 2701 Kalvelage Drive | 534,600 | 0.1% | | | | | | | | | | | | | | | | | |
5.21 | 3221 Cherry Palm Drive | 515,507 | 0.1% | | | | | | | | | | | | | | | | | |
6 | National Office Portfolio | 29,965,119 | 3.8% | 24,344,223 | N | 10/6/2017 | 11/6/2017 | | 11/6/2017 | 10/6/2027 | | 4.61000% | 0.00000% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.59561% | Actual/360 | 153,972.65 |
6.01 | 8330 LBJ Freeway | 5,547,920 | 0.7% | | | | | | | | | | | | | | | | | |
6.02 | 101 East Park Boulevard | 4,344,132 | 0.6% | | | | | | | | | | | | | | | | | |
6.03 | 13601 Preston Road | 3,489,884 | 0.4% | | | | | | | | | | | | | | | | | |
6.04 | 1750 East Golf Road | 2,834,538 | 0.4% | | | | | | | | | | | | | | | | | |
6.05 | 14800 Quorum Drive | 1,574,384 | 0.2% | | | | | | | | | | | | | | | | | |
6.06 | 1995 North Park Place | 1,399,452 | 0.2% | | | | | | | | | | | | | | | | | |
6.07 | Northlake - 2295 Parklake Dr NE | 1,381,959 | 0.2% | | | | | | | | | | | | | | | | | |
6.08 | 4751 Best Road | 1,311,986 | 0.2% | | | | | | | | | | | | | | | | | |
6.09 | The Centre - 4101 McEwen Road | 1,139,970 | 0.1% | | | | | | | | | | | | | | | | | |
6.10 | The Centre - 4099 McEwen Road | 1,139,970 | 0.1% | | | | | | | | | | | | | | | | | |
6.11 | 11225 North 28th Drive | 1,067,082 | 0.1% | | | | | | | | | | | | | | | | | |
6.12 | 10000 North 31st Ave | 958,236 | 0.1% | | | | | | | | | | | | | | | | | |
6.13 | The Centre - 4001 McEwen Road | 890,855 | 0.1% | | | | | | | | | | | | | | | | | |
6.14 | 4425 W Airport Fwy | 752,205 | 0.1% | | | | | | | | | | | | | | | | | |
6.15 | Northlake - 2302 Parklake Dr NE | 664,092 | 0.1% | | | | | | | | | | | | | | | | | |
6.16 | Northlake - 2305&2309 Parklake Dr NE | 545,203 | 0.1% | | | | | | | | | | | | | | | | | |
6.17 | 12100 Ford Road | 502,118 | 0.1% | | | | | | | | | | | | | | | | | |
6.18 | The Centre - 4000N&S McEwen Road | 421,131 | 0.1% | | | | | | | | | | | | | | | | | |
7 | HGI Savannah Historic District | 26,500,000 | 3.4% | 21,458,657 | N | 10/31/2017 | 12/11/2017 | | 12/11/2017 | 11/11/2027 | | 4.55000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.53412% | Actual/360 | 135,060.04 |
8 | Belden Park Crossing | 23,000,000 | 2.9% | 19,737,846 | N | 10/13/2017 | 12/6/2017 | 11/6/2019 | 12/6/2019 | 11/6/2027 | | 4.68100% | 0.00000% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.66661% | Actual/360 | 119,024.18 |
9 | One Century Place | 22,300,000 | 2.8% | 22,300,000 | N | 10/19/2017 | 12/6/2017 | 11/6/2027 | | 11/6/2027 | | 3.79000% | 0.00000% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 3.77561% | Actual/360 | 71,409.04 |
10 | 61 Grove Street | 21,650,000 | 2.8% | 21,650,000 | N | 10/30/2017 | 12/6/2017 | 11/6/2027 | | 11/6/2027 | | 4.37000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.35412% | Actual/360 | 79,937.11 |
11 | 777 Township Line Road | 21,000,000 | 2.7% | 17,983,030 | N | 10/6/2017 | 11/6/2017 | 10/6/2019 | 11/6/2019 | 10/6/2027 | | 4.59800% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.58212% | Actual/360 | 107,630.22 |
12 | The View at Marlton | 20,500,000 | 2.6% | 17,592,868 | N | 9/27/2017 | 11/6/2017 | 10/6/2019 | 11/6/2019 | 10/6/2027 | | 4.68000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.66412% | Actual/360 | 106,074.46 |
13 | Corporate Center I & III | 20,250,000 | 2.6% | 17,052,763 | N | 11/2/2017 | 12/6/2017 | | 12/6/2017 | 11/6/2027 | | 5.77000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 5.75412% | Actual/360 | 118,430.91 |
14 | DoubleTree Berkeley Marina | 20,000,000 | 2.5% | 17,435,073 | N | 8/9/2017 | 10/6/2017 | 3/6/2020 | 4/6/2020 | 9/6/2027 | | 4.82000% | 0.00000% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.80561% | Actual/360 | 105,174.99 |
15 | Redmont Hotel Curio | 19,000,000 | 2.4% | 15,765,168 | N | 10/26/2017 | 12/6/2017 | | 12/6/2017 | 11/6/2027 | | 5.29100% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 5.27512% | Actual/360 | 105,401.72 |
16 | 555 De Haro | 19,000,000 | 2.4% | 19,000,000 | N | 10/12/2017 | 12/6/2017 | 11/6/2027 | | 11/6/2027 | | 4.31000% | 0.00149% | 0.00860% | 0.03500% | 0.00050% | 0.00029% | 4.26412% | Actual/360 | 69,189.47 |
17 | Macedonia Commons | 18,000,000 | 2.3% | 15,735,763 | N | 8/30/2017 | 10/6/2017 | 9/6/2020 | 10/6/2020 | 9/6/2027 | | 4.45000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.43412% | Actual/360 | 90,669.38 |
18 | Northwoods Center | 16,975,000 | 2.2% | 15,510,665 | N | 8/25/2017 | 10/6/2017 | 9/6/2022 | 10/6/2022 | 9/6/2027 | | 4.41000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.39412% | Actual/360 | 85,104.47 |
19 | 100-102 Forsyth Street | 16,000,000 | 2.0% | 16,000,000 | N | 7/12/2017 | 9/6/2017 | 8/6/2027 | | 8/6/2027 | | 4.97000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.95412% | Actual/360 | 67,187.04 |
20 | Hilton Houston Galleria TX | 15,600,000 | 2.0% | 13,934,428 | N | 10/24/2017 | 12/11/2017 | | 12/11/2017 | 11/11/2022 | | 5.24000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 5.22412% | Actual/360 | 93,390.63 |
21 | Del Amo Fashion Center | 15,000,000 | 1.9% | 15,000,000 | N | 5/12/2017 | 7/1/2017 | 6/1/2027 | | 6/1/2027 | | 3.65750% | 0.00000% | 0.00860% | 0.00375% | 0.00050% | 0.00029% | 3.64436% | Actual/360 | 46,353.73 |
22 | Hallandale Self Storage | 13,540,000 | 1.7% | 11,874,278 | N | 9/29/2017 | 11/6/2017 | 10/6/2020 | 11/6/2020 | 10/6/2027 | | 4.58600% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.57012% | Actual/360 | 69,298.81 |
23 | Springville Heights Condominium | 13,500,000 | 1.7% | 13,500,000 | N | 10/25/2017 | 12/6/2017 | 11/6/2027 | | 11/6/2027 | | 4.82000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.80412% | Actual/360 | 54,978.13 |
24 | HGI Plymouth | 13,100,000 | 1.7% | 11,055,608 | N | 10/16/2017 | 12/11/2017 | 11/11/2018 | 12/11/2018 | 11/11/2027 | | 4.99000% | 0.00149% | 0.00860% | 0.04250% | 0.00050% | 0.00029% | 4.93662% | Actual/360 | 70,243.59 |
25 | 1030-1040 Broad Street | 13,000,000 | 1.7% | 11,282,306 | N | 10/11/2017 | 12/6/2017 | 11/6/2019 | 12/6/2019 | 11/6/2027 | | 5.12000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 5.10412% | Actual/360 | 70,743.32 |
26 | Columbia Park Shopping Center | 12,700,000 | 1.6% | 12,700,000 | N | 5/10/2017 | 7/6/2017 | 6/6/2027 | | 6/6/2027 | | 4.80200% | 0.00000% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.78761% | Actual/360 | 51,527.02 |
27 | Dublin Corners | 12,484,800 | 1.6% | 10,074,021 | N | 10/6/2017 | 11/11/2017 | | 11/11/2017 | 10/11/2027 | | 4.41000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.39412% | Actual/360 | 62,668.97 |
28 | Residence Inn Omaha Aksarben Village | 12,000,000 | 1.5% | 9,861,029 | N | 10/31/2017 | 12/6/2017 | | 12/6/2017 | 11/6/2027 | | 4.99000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.97412% | Actual/360 | 64,345.28 |
29 | Simi Valley Industrial Park | 11,550,000 | 1.5% | 11,550,000 | N | 9/21/2017 | 11/6/2017 | 10/6/2027 | | 10/6/2027 | | 3.94200% | 0.00149% | 0.00860% | 0.03250% | 0.00050% | 0.00029% | 3.89862% | Actual/360 | 38,468.72 |
30 | Plaza de Hacienda | 11,056,857 | 1.4% | 7,936,215 | N | 9/5/2017 | 10/6/2017 | | 10/6/2017 | 9/6/2027 | | 3.83000% | 0.00149% | 0.00860% | 0.04500% | 0.00050% | 0.00029% | 3.77412% | Actual/360 | 57,553.01 |
31 | Northern Ohio Industrial Park | 11,000,000 | 1.4% | 8,888,154 | N | 10/11/2017 | 12/6/2017 | | 12/6/2017 | 11/6/2027 | | 4.48700% | 0.00149% | 0.00860% | 0.04500% | 0.00050% | 0.00029% | 4.43112% | Actual/360 | 55,650.45 |
32 | Cascade Building | 10,000,000 | 1.3% | 10,000,000 | N | 9/18/2017 | 11/6/2017 | 10/6/2027 | | 10/6/2027 | | 3.64500% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 3.62912% | Actual/360 | 30,796.88 |
33 | Paseo Lindo | 9,145,000 | 1.2% | 9,145,000 | N | 9/15/2017 | 11/6/2017 | 10/6/2027 | | 10/6/2027 | | 4.23000% | 0.00149% | 0.00860% | 0.05500% | 0.00050% | 0.00029% | 4.16412% | Actual/360 | 32,683.85 |
34 | Marengo Plaza | 8,989,708 | 1.1% | 7,321,339 | N | 9/19/2017 | 11/6/2017 | | 11/6/2017 | 10/6/2027 | | 4.68300% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.66712% | Actual/360 | 46,585.49 |
35 | 444-446 86th Street | 8,650,000 | 1.1% | 8,650,000 | N | 10/4/2017 | 11/11/2017 | 10/11/2027 | | 10/11/2027 | | 4.59000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.57412% | Actual/360 | 33,545.78 |
36 | Alton Business Park | 8,500,000 | 1.1% | 8,500,000 | N | 9/21/2017 | 11/6/2017 | 10/6/2027 | | 10/6/2027 | | 3.94200% | 0.00149% | 0.00860% | 0.03250% | 0.00050% | 0.00029% | 3.89862% | Actual/360 | 28,310.31 |
37 | Willowick Business Park | 8,450,000 | 1.1% | 8,450,000 | N | 9/21/2017 | 11/6/2017 | 10/6/2027 | | 10/6/2027 | | 3.94200% | 0.00149% | 0.00860% | 0.03250% | 0.00050% | 0.00029% | 3.89862% | Actual/360 | 28,143.78 |
38 | Omega Self Storage – Amityville Portfolio | 7,980,171 | 1.0% | 6,482,616 | N | 9/1/2017 | 10/11/2017 | | 10/11/2017 | 9/11/2027 | | 4.57000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.55412% | Actual/360 | 40,868.24 |
38.01 | 185-Omega Self Storage | 6,254,459 | 0.8% | | | | | | | | | | | | | | | | | |
38.02 | 491-Omega Storage Inc. | 1,725,712 | 0.2% | | | | | | | | | | | | | | | | | |
39 | Walnut Grove Medical Center | 7,800,000 | 1.0% | 7,800,000 | N | 10/27/2017 | 12/6/2017 | 11/6/2027 | | 11/6/2027 | | 4.54300% | 0.00149% | 0.00860% | 0.05250% | 0.00050% | 0.00029% | 4.47962% | Actual/360 | 29,939.63 |
40 | Tustin Mayfair Plaza | 7,500,000 | 1.0% | 7,500,000 | N | 10/17/2017 | 12/11/2017 | 11/11/2027 | | 11/11/2027 | | 4.51000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.49412% | Actual/360 | 28,578.99 |
41 | Water Tower Self Storage | 7,125,000 | 0.9% | 5,955,240 | N | 9/28/2017 | 11/11/2017 | 10/11/2018 | 11/11/2018 | 10/11/2027 | | 4.66000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.64412% | Actual/360 | 36,781.84 |
42 | RSM Business Park | 6,890,000 | 0.9% | 6,890,000 | N | 9/21/2017 | 11/6/2017 | 10/6/2027 | | 10/6/2027 | | 3.94200% | 0.00149% | 0.00860% | 0.03250% | 0.00050% | 0.00029% | 3.89862% | Actual/360 | 22,948.01 |
43 | Avenue Hall Executive Center | 6,845,000 | 0.9% | 6,845,000 | N | 9/21/2017 | 11/6/2017 | 10/6/2027 | | 10/6/2027 | | 3.94200% | 0.00149% | 0.00860% | 0.03250% | 0.00050% | 0.00029% | 3.89862% | Actual/360 | 22,798.13 |
44 | Comfort Suites Hilton Head Bluffton | 5,971,076 | 0.8% | 4,477,662 | N | 7/21/2017 | 9/6/2017 | | 9/6/2017 | 8/6/2027 | | 4.95000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.93412% | Actual/360 | 34,900.84 |
45 | Harbor Court Plaza | 5,500,000 | 0.7% | 4,711,639 | N | 8/4/2017 | 9/6/2017 | 8/6/2019 | 9/6/2019 | 8/6/2027 | | 4.61200% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.59612% | Actual/360 | 28,234.90 |
46 | Boulevard Square II | 4,948,007 | 0.6% | 4,035,875 | N | 9/11/2017 | 10/6/2017 | | 10/6/2017 | 9/6/2027 | | 4.69200% | 0.00149% | 0.00860% | 0.03250% | 0.00050% | 0.00029% | 4.64862% | Actual/360 | 25,700.59 |
47 | Shaw Blackstone Center-CA | 4,850,000 | 0.6% | 4,146,827 | N | 10/2/2017 | 11/11/2017 | 10/11/2019 | 11/11/2019 | 10/11/2027 | | 4.54000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.52412% | Actual/360 | 24,689.64 |
48 | Hampton Inn - Marshall | 4,402,705 | 0.6% | 3,248,570 | N | 9/18/2017 | 11/6/2017 | | 11/6/2017 | 10/6/2027 | | 4.60000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.58412% | Actual/360 | 24,763.20 |
49 | Rite Aid Dunmore | 3,800,000 | 0.5% | 2,866,428 | N | 10/17/2017 | 12/6/2017 | | 12/6/2017 | 11/6/2027 | | 5.25000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 5.23412% | Actual/360 | 22,771.41 |
50 | Kirkwood Center | 1,795,702 | 0.2% | 1,120,421 | N | 9/22/2017 | 11/11/2017 | | 11/11/2017 | 10/11/2027 | | 4.70000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.68412% | Actual/360 | 11,582.93 |
51 | Preferred Self Storage | 1,198,611 | 0.2% | 974,430 | N | 9/12/2017 | 11/11/2017 | | 11/11/2017 | 10/11/2027 | | 4.63000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.61412% | Actual/360 | 6,173.27 |
52 | Dollar General E. Peoria | 1,015,000 | 0.1% | 1,015,000 | Y | 10/23/2017 | 12/6/2017 | 11/6/2027 | | 11/6/2027 | 11/6/2032 | 4.91000% | 0.00149% | 0.00860% | 0.00500% | 0.00050% | 0.00029% | 4.89412% | Actual/360 | 4,210.72 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Amortization Type | Interest Accrual Method During IO | Original Term to Maturity or ARD (Mos.) | Remaining Term to Maturity or ARD (Mos.) | Original IO Period (Mos.) | Remaining IO Period (Mos.) | Original Amort Term (Mos.) | Remaining Amort Term (Mos.) | Seasoning | Prepayment Provisions | Grace Period Default (Days)(3) | Grace Period Late (Days) | Appraised Value ($)(4) | Appraisal Date | Coop -Rental Value | Coop - LTV as Rental | Coop - Unsold Percent |
1 | Headquarters Plaza | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),D(92),O(4) | 0 | 0 | 239,000,000 | 8/22/2017 | | | |
2 | Marriott LAX | Amortizing Balloon | | 120 | 112 | 0 | 0 | 360 | 352 | 8 | L(32),D(84),O(4) | 0 | 0 | 300,800,000 | 2/1/2018 | | | |
3 | Mall of Louisiana | Interest-only, Amortizing Balloon | Actual/360 | 120 | 117 | 36 | 33 | 360 | 360 | 3 | L(27),D(89),O(4) | 0 | 0 | 570,000,000 | 6/23/2017 | | | |
4 | Adler Portfolio | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 36 | 36 | 300 | 300 | 0 | L(24),D(92),O(4) | 0 | 0 | 81,630,000 | Various | | | |
4.01 | Carmel Executive Park | | | | | | | | | | | | | 26,730,000 | 8/30/2017 | | | |
4.02 | Vista Point North | | | | | | | | | | | | | 14,710,000 | 8/24/2017 | | | |
4.03 | Greenbriar Business Park | | | | | | | | | | | | | 12,000,000 | 8/25/2017 | | | |
4.04 | Plaza Southwest | | | | | | | | | | | | | 7,250,000 | 9/6/2017 | | | |
4.05 | Commerce Park North | | | | | | | | | | | | | 6,200,000 | 9/7/2017 | | | |
4.06 | Crescent 10 Facility | | | | | | | | | | | | | 6,100,000 | 9/7/2017 | | | |
4.07 | Technipark Ten Service Center | | | | | | | | | | | | | 5,620,000 | 9/7/2017 | | | |
4.08 | Westchase Park | | | | | | | | | | | | | 3,020,000 | 9/6/2017 | | | |
5 | U.S. Industrial Portfolio III | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | L(24),D(89),O(7) | 0 | 5 | 166,300,000 | 6/16/2017 | | | |
5.01 | 2121 Gardner Street | | | | | | | | | | | | | 21,900,000 | 6/5/2017 | | | |
5.02 | 975 Cottonwood Avenue | | | | | | | | | | | | | 13,500,000 | 5/23/2017 | | | |
5.03 | 4925 Bulls Bay Highway | | | | | | | | | | | | | 13,150,000 | 5/30/2017 | | | |
5.04 | 1500 Southeast 37th Street | | | | | | | | | | | | | 10,000,000 | 5/25/2017 | | | |
5.05 | 10450 Medallion Drive | | | | | | | | | | | | | 9,800,000 | 5/24/2017 | | | |
5.06 | 1501 Industrial Boulevard | | | | | | | | | | | | | 9,800,000 | 6/1/2017 | | | |
5.07 | 1001 DDC Way | | | | | | | | | | | | | 8,510,000 | 5/25/2017 | | | |
5.08 | 1152 Armorlite Drive | | | | | | | | | | | | | 6,930,000 | 6/2/2017 | | | |
5.09 | 3800 West Broward Boulevard | | | | | | | | | | | | | 6,800,000 | 6/1/2017 | | | |
5.10 | 2900 & 2950 Hill Avenue | | | | | | | | | | | | | 6,750,000 | 5/25/2017 | | | |
5.11 | 1700 Highland Road | | | | | | | | | | | | | 6,525,000 | 6/2/2017 | | | |
5.12 | 1972 Salem Industrial Drive | | | | | | | | | | | | | 6,500,000 | 6/5/2017 | | | |
5.13 | 1800 University Parkway | | | | | | | | | | | | | 6,400,000 | 5/30/2017 | | | |
5.14 | 621 Hunt Valley Circle | | | | | | | | | | | | | 5,200,000 | 5/25/2017 | | | |
5.15 | 5000 Askins Lane | | | | | | | | | | | | | 4,850,000 | 6/1/2017 | | | |
5.16 | 900 Chaddick Drive | | | | | | | | | | | | | 4,700,000 | 6/2/2017 | | | |
5.17 | 6600 Chapek Parkway | | | | | | | | | | | | | 4,500,000 | 6/2/2017 | | | |
5.18 | 53208 Columbia Drive | | | | | | | | | | | | | 4,400,000 | 6/1/2017 | | | |
5.19 | 7750 Hub Parkway | | | | | | | | | | | | | 4,225,000 | 6/2/2017 | | | |
5.20 | 21699 Torrence Avenue & 2701 Kalvelage Drive | | | | | | | | | | | | | 2,800,000 | 6/1/2017 | | | |
5.21 | 3221 Cherry Palm Drive | | | | | | | | | | | | | 2,700,000 | 5/30/2017 | | | |
6 | National Office Portfolio | Amortizing Balloon | | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 287,750,000 | Various | | | |
6.01 | 8330 LBJ Freeway | | | | | | | | | | | | | 42,750,000 | 7/15/2017 | | | |
6.02 | 101 East Park Boulevard | | | | | | | | | | | | | 36,100,000 | 7/15/2017 | | | |
6.03 | 13601 Preston Road | | | | | | | | | | | | | 27,500,000 | 7/14/2017 | | | |
6.04 | 1750 East Golf Road | | | | | | | | | | | | | 35,400,000 | 7/13/2017 | | | |
6.05 | 14800 Quorum Drive | | | | | | | | | | | | | 13,550,000 | 7/15/2017 | | | |
6.06 | 1995 North Park Place | | | | | | | | | | | | | 12,200,000 | 7/18/2017 | | | |
6.07 | Northlake - 2295 Parklake Dr NE | | | | | | | | | | | | | 10,600,000 | 7/18/2017 | | | |
6.08 | 4751 Best Road | | | | | | | | | | | | | 11,900,000 | 7/18/2017 | | | |
6.09 | The Centre - 4101 McEwen Road | | | | | | | | | | | | | 12,100,000 | 7/14/2017 | | | |
6.10 | The Centre - 4099 McEwen Road | | | | | | | | | | | | | 11,800,000 | 7/14/2017 | | | |
6.11 | 11225 North 28th Drive | | | | | | | | | | | | | 9,070,000 | 7/13/2017 | | | |
6.12 | 10000 North 31st Ave | | | | | | | | | | | | | 9,900,000 | 7/13/2017 | | | |
6.13 | The Centre - 4001 McEwen Road | | | | | | | | | | | | | 10,000,000 | 7/14/2017 | | | |
6.14 | 4425 W Airport Fwy | | | | | | | | | | | | | 8,400,000 | 7/14/2017 | | | |
6.15 | Northlake - 2302 Parklake Dr NE | | | | | | | | | | | | | 11,800,000 | 7/18/2017 | | | |
6.16 | Northlake - 2305&2309 Parklake Dr NE | | | | | | | | | | | | | 5,880,000 | 7/18/2017 | | | |
6.17 | 12100 Ford Road | | | | | | | | | | | | | 12,500,000 | 7/14/2017 | | | |
6.18 | The Centre - 4000N&S McEwen Road | | | | | | | | | | | | | 6,300,000 | 7/14/2017 | | | |
7 | HGI Savannah Historic District | Amortizing Balloon | | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(91),O(5) | 0 | 0 | 56,100,000 | 9/1/2018 | | | |
8 | Belden Park Crossing | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 24 | 24 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | 68,600,000 | 9/1/2017 | | | |
9 | One Century Place | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(23),GRTR 1% or YM(91),O(6) | 0 | 0 | 102,000,000 | 9/15/2017 | | | |
10 | 61 Grove Street | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),D(92),O(4) | 0 | 5 | 39,500,000 | 8/29/2017 | | | |
11 | 777 Township Line Road | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 24 | 23 | 360 | 360 | 1 | L(25),D(90),O(5) | 0 | 0 | 28,000,000 | 8/25/2017 | | | |
12 | The View at Marlton | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 24 | 23 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 0 | 36,500,000 | 2/1/2018 | | | |
13 | Corporate Center I & III | Amortizing Balloon | | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(93),O(3) | 0 | 0 | 30,300,000 | 10/12/2017 | | | |
14 | DoubleTree Berkeley Marina | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 30 | 28 | 360 | 360 | 2 | L(26),D(90),O(4) | 0 | 0 | 100,300,000 | 4/11/2017 | | | |
15 | Redmont Hotel Curio | Amortizing Balloon | | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | 31,800,000 | 9/6/2017 | | | |
16 | 555 De Haro | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),D(92),O(4) | 0 | 0 | 27,000,000 | 8/23/2017 | | | |
17 | Macedonia Commons | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 36 | 34 | 360 | 360 | 2 | L(26),D(90),O(4) | 0 | 0 | 48,500,000 | 7/16/2017 | | | |
18 | Northwoods Center | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 60 | 58 | 360 | 360 | 2 | L(26),D(91),O(3) | 0 | 0 | 24,750,000 | 7/13/2017 | | | |
19 | 100-102 Forsyth Street | Interest-only, Balloon | Actual/360 | 120 | 117 | 120 | 117 | 0 | 0 | 3 | L(27),D(89),O(4) | 0 | 0 | 24,000,000 | 6/30/2017 | | | |
20 | Hilton Houston Galleria TX | Amortizing Balloon | | 60 | 60 | 0 | 0 | 300 | 300 | 0 | L(24),D(32),O(4) | 0 | 0 | 25,400,000 | 7/20/2018 | | | |
21 | Del Amo Fashion Center | Interest-only, Balloon | Actual/360 | 120 | 115 | 120 | 115 | 0 | 0 | 5 | L(29),D(84),O(7) | 0 | 0 | 1,155,000,000 | 4/23/2017 | | | |
22 | Hallandale Self Storage | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 36 | 35 | 360 | 360 | 1 | L(25),D(92),O(3) | 0 | 0 | 18,100,000 | 11/3/2017 | | | |
23 | Springville Heights Condominium | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),D(92),O(4) | 0 | 0 | 22,100,000 | 8/21/2017 | | | |
24 | HGI Plymouth | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 12 | 12 | 360 | 360 | 0 | L(24),GRTR 1% or YM(92),O(4) | 0 | 5 | 20,200,000 | 9/5/2017 | | | |
25 | 1030-1040 Broad Street | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 24 | 24 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | 19,000,000 | 7/7/2017 | | | |
26 | Columbia Park Shopping Center | Interest-only, Balloon | Actual/360 | 120 | 115 | 120 | 115 | 0 | 0 | 5 | L(29),D(88),O(3) | 0 | 0 | 103,900,000 | 4/3/2017 | | | |
27 | Dublin Corners | Amortizing Balloon | | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 21,050,000 | 8/9/2017 | | | |
28 | Residence Inn Omaha Aksarben Village | Amortizing Balloon | Actual/360 | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(93),O(3) | 0 | 0 | 17,700,000 | 9/25/2017 | | | |
29 | Simi Valley Industrial Park | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 22,400,000 | 8/8/2017 | | | |
30 | Plaza de Hacienda | Amortizing Balloon | | 120 | 118 | 0 | 0 | 300 | 298 | 2 | L(26),D(90),O(4) | 0 | 0 | 21,400,000 | 7/19/2017 | | | |
31 | Northern Ohio Industrial Park | Amortizing Balloon | | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(91),O(5) | 0 | 0 | 15,900,000 | 6/29/2017 | | | |
32 | Cascade Building | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 25,500,000 | 8/28/2017 | | | |
33 | Paseo Lindo | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 14,840,000 | 7/28/2017 | | | |
34 | Marengo Plaza | Amortizing Balloon | | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 16,700,000 | 7/10/2017 | | | |
35 | 444-446 86th Street | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 13,700,000 | 8/3/2017 | | | |
36 | Alton Business Park | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 17,000,000 | 8/2/2017 | | | |
37 | Willowick Business Park | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 18,900,000 | 7/28/2017 | | | |
38 | Omega Self Storage – Amityville Portfolio | Amortizing Balloon | | 120 | 118 | 0 | 0 | 360 | 358 | 2 | L(26),D(90),O(4) | 0 | 0 | 13,550,000 | 6/30/2017 | | | |
38.01 | 185-Omega Self Storage | | | | | | | | | | | | | 10,650,000 | 6/30/2017 | | | |
38.02 | 491-Omega Storage Inc. | | | | | | | | | | | | | 2,900,000 | 6/30/2017 | | | |
39 | Walnut Grove Medical Center | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),D(92),O(4) | 0 | 0 | 13,000,000 | 9/7/2017 | | | |
40 | Tustin Mayfair Plaza | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),D(92),O(4) | 0 | 0 | 15,050,000 | 2/1/2018 | | | |
41 | Water Tower Self Storage | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 12 | 11 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 0 | 10,400,000 | 8/28/2017 | | | |
42 | RSM Business Park | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 13,600,000 | 8/2/2017 | | | |
43 | Avenue Hall Executive Center | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 12,700,000 | 8/8/2017 | | | |
44 | Comfort Suites Hilton Head Bluffton | Amortizing Balloon | | 120 | 117 | 0 | 0 | 300 | 297 | 3 | L(27),D(90),O(3) | 0 | 0 | 9,300,000 | 5/24/2017 | | | |
45 | Harbor Court Plaza | Interest-only, Amortizing Balloon | Actual/360 | 120 | 117 | 24 | 21 | 360 | 360 | 3 | L(27),D(88),O(5) | 0 | 0 | 8,000,000 | 7/11/2017 | | | |
46 | Boulevard Square II | Amortizing Balloon | | 120 | 118 | 0 | 0 | 360 | 358 | 2 | L(26),D(90),O(4) | 0 | 0 | 6,860,000 | 5/22/2017 | | | |
47 | Shaw Blackstone Center-CA | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 24 | 23 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 0 | 6,900,000 | 8/10/2017 | | | |
48 | Hampton Inn - Marshall | Amortizing Balloon | | 120 | 119 | 0 | 0 | 300 | 299 | 1 | L(25),D(91),O(4) | 0 | 0 | 6,600,000 | 8/14/2017 | | | |
49 | Rite Aid Dunmore | Amortizing Balloon | | 120 | 120 | 0 | 0 | 300 | 300 | 0 | L(24),D(92),O(4) | 0 | 0 | 5,900,000 | 5/20/2017 | | | |
50 | Kirkwood Center | Amortizing Balloon | | 120 | 119 | 0 | 0 | 240 | 239 | 1 | L(25),D(91),O(4) | 0 | 0 | 3,420,000 | 12/29/2017 | | | |
51 | Preferred Self Storage | Amortizing Balloon | | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),GRTR 1% or YM(91),O(4) | 0 | 0 | 2,050,000 | 8/3/2017 | | | |
52 | Dollar General E. Peoria | Interest-only, ARD | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | YM(24),YM or D(89),O(7) | 0 | 0 | 1,450,000 | 8/13/2017 | | | |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Coop - Sponsor Units | Coop - Investor Units | Coop - Units | Coop - Sponsor Carry | Coop - Committed Secondary Debt | U/W NOI DSCR (x)(5)(6) | U/W NCF DSCR (x)(5)(6) | Cut-off Date LTV Ratio(4)(5)(6) | LTV Ratio at Maturity or ARD(4)(5)(6) | Cut-off Date U/W NOI Debt Yield(5)(6) | Cut-off Date U/W NCF Debt Yield(5)(6) | U/W Revenues ($)(2)(8)(12) | U/W Expenses ($) | U/W Net Operating Income ($)(7) | U/W Replacement ($) | U/W TI/LC ($) | U/W Net Cash Flow ($)(7) | Occupancy Rate(2)(8)(9) | Occupancy as-of Date |
1 | Headquarters Plaza | | | | | | 2.56 | 2.23 | 62.8% | 62.8% | 11.3% | 9.8% | 39,606,385 | 22,663,110 | 16,943,274 | 145,903 | 1,195,318 | 14,740,419 | 91.8% | 8/1/2017 |
2 | Marriott LAX | | | | | | 2.10 | 1.72 | 48.3% | 40.2% | 13.8% | 11.4% | 72,058,354 | 51,979,491 | 20,078,862 | 3,602,918 | 0 | 16,475,945 | 84.6% | 12/31/2016 |
3 | Mall of Louisiana | | | | | | 1.94 | 1.85 | 57.0% | 49.3% | 11.1% | 10.6% | 43,215,234 | 7,152,311 | 36,062,923 | 155,358 | 1,473,928 | 34,433,637 | 91.8% | 6/30/2017 |
4 | Adler Portfolio | | | | | | 2.30 | 1.88 | 49.4% | 40.7% | 15.1% | 12.3% | 12,623,243 | 6,535,092 | 6,088,151 | 264,514 | 847,680 | 4,975,958 | 87.7% | 10/31/2017 |
4.01 | Carmel Executive Park | | | | | | | | | | | | 4,204,603 | 2,243,537 | 1,961,066 | 79,711 | 414,973 | 1,466,383 | 91.9% | 10/31/2017 |
4.02 | Vista Point North | | | | | | | | | | | | 2,332,127 | 1,242,391 | 1,089,736 | 70,529 | 135,413 | 883,794 | 88.0% | 10/31/2017 |
4.03 | Greenbriar Business Park | | | | | | | | | | | | 1,717,056 | 812,784 | 904,273 | 20,348 | 120,908 | 763,016 | 89.8% | 10/31/2017 |
4.04 | Plaza Southwest | | | | | | | | | | | | 1,306,175 | 463,833 | 842,342 | 34,920 | 90,483 | 716,939 | 89.6% | 10/31/2017 |
4.05 | Commerce Park North | | | | | | | | | | | | 949,754 | 463,731 | 486,024 | 14,600 | 26,888 | 444,536 | 92.1% | 10/31/2017 |
4.06 | Crescent 10 Facility | | | | | | | | | | | | 920,751 | 516,616 | 404,136 | 26,483 | 32,199 | 345,454 | 84.0% | 10/31/2017 |
4.07 | Technipark Ten Service Center | | | | | | | | | | | | 895,011 | 437,907 | 457,103 | 10,751 | 22,762 | 423,591 | 92.5% | 10/31/2017 |
4.08 | Westchase Park | | | | | | | | | | | | 297,764 | 354,293 | -56,529 | 7,172 | 4,053 | -67,755 | 46.6% | 10/31/2017 |
5 | U.S. Industrial Portfolio III | | | | | | 1.60 | 1.48 | 72.5% | 66.0% | 9.4% | 8.6% | 15,292,243 | 3,981,653 | 11,310,590 | 298,573 | 596,602 | 10,415,416 | 100.0% | 11/1/2017 |
5.01 | 2121 Gardner Street | | | | | | | | | | | | 2,062,450 | 387,747 | 1,674,703 | 37,827 | 87,002 | 1,549,874 | 100.0% | 11/1/2017 |
5.02 | 975 Cottonwood Avenue | | | | | | | | | | | | 1,223,928 | 205,262 | 1,018,666 | 17,504 | 33,258 | 967,904 | 100.0% | 11/1/2017 |
5.03 | 4925 Bulls Bay Highway | | | | | | | | | | | | 1,243,942 | 257,216 | 986,726 | 19,841 | 53,570 | 913,315 | 100.0% | 11/1/2017 |
5.04 | 1500 Southeast 37th Street | | | | | | | | | | | | 992,306 | 275,561 | 716,745 | 24,826 | 17,378 | 674,541 | 100.0% | 11/1/2017 |
5.05 | 10450 Medallion Drive | | | | | | | | | | | | 1,118,726 | 335,117 | 783,609 | 15,151 | 48,482 | 719,977 | 100.0% | 11/1/2017 |
5.06 | 1501 Industrial Boulevard | | | | | | | | | | | | 872,202 | 213,931 | 658,271 | 11,225 | 25,818 | 621,228 | 100.0% | 11/1/2017 |
5.07 | 1001 DDC Way | | | | | | | | | | | | 814,158 | 127,549 | 686,609 | 13,289 | 50,497 | 622,823 | 100.0% | 11/1/2017 |
5.08 | 1152 Armorlite Drive | | | | | | | | | | | | 436,922 | 101,352 | 335,570 | 4,431 | 24,815 | 306,323 | 100.0% | 11/1/2017 |
5.09 | 3800 West Broward Boulevard | | | | | | | | | | | | 631,482 | 82,762 | 548,720 | 6,538 | 37,918 | 504,265 | 100.0% | 11/1/2017 |
5.10 | 2900 & 2950 Hill Avenue | | | | | | | | | | | | 846,184 | 305,152 | 541,032 | 23,770 | 14,262 | 503,001 | 100.0% | 11/1/2017 |
5.11 | 1700 Highland Road | | | | | | | | | | | | 660,594 | 153,880 | 506,714 | 11,517 | 12,669 | 482,529 | 100.0% | 11/1/2017 |
5.12 | 1972 Salem Industrial Drive | | | | | | | | | | | | 736,290 | 200,127 | 536,163 | 31,714 | 28,543 | 475,906 | 100.0% | 11/1/2017 |
5.13 | 1800 University Parkway | | | | | | | | | | | | 630,659 | 151,061 | 479,598 | 10,575 | 26,438 | 442,585 | 100.0% | 11/1/2017 |
5.14 | 621 Hunt Valley Circle | | | | | | | | | | | | 595,335 | 104,091 | 491,244 | 6,180 | 15,449 | 469,616 | 100.0% | 11/1/2017 |
5.15 | 5000 Askins Lane | | | | | | | | | | | | 484,886 | 145,675 | 339,211 | 10,004 | 50,020 | 279,187 | 100.0% | 11/1/2017 |
5.16 | 900 Chaddick Drive | | | | | | | | | | | | 0 | 314,806 | -314,806 | 7,590 | 0 | -322,396 | 100.0% | 11/1/2017 |
5.17 | 6600 Chapek Parkway | | | | | | | | | | | | 496,986 | 169,621 | 327,365 | 15,795 | 7,898 | 303,673 | 100.0% | 11/1/2017 |
5.18 | 53208 Columbia Drive | | | | | | | | | | | | 540,532 | 123,784 | 416,748 | 11,794 | 30,664 | 374,291 | 100.0% | 11/1/2017 |
5.19 | 7750 Hub Parkway | | | | | | | | | | | | 496,986 | 169,621 | 327,365 | 8,340 | 6,672 | 312,353 | 100.0% | 11/1/2017 |
5.20 | 21699 Torrence Avenue & 2701 Kalvelage Drive | | | | | | | | | | | | 318,473 | 87,695 | 230,778 | 6,800 | 13,599 | 210,379 | 100.0% | 11/1/2017 |
5.21 | 3221 Cherry Palm Drive | | | | | | | | | | | | 339,738 | 73,689 | 266,049 | 3,862 | 11,650 | 250,537 | 100.0% | 11/1/2017 |
6 | National Office Portfolio | | | | | | 1.81 | 1.64 | 64.2% | 52.2% | 11.1% | 10.1% | 38,630,025 | 18,051,854 | 20,578,171 | 643,175 | 1,286,350 | 18,648,646 | 77.5% | 8/31/2017 |
6.01 | 8330 LBJ Freeway | | | | | | | | | | | | 5,864,932 | 2,378,455 | 3,486,477 | 95,346 | 190,692 | 3,200,440 | 85.3% | 8/31/2017 |
6.02 | 101 East Park Boulevard | | | | | | | | | | | | 4,277,940 | 1,429,865 | 2,848,075 | 56,361 | 112,723 | 2,678,991 | 87.1% | 8/31/2017 |
6.03 | 13601 Preston Road | | | | | | | | | | | | 3,875,726 | 1,661,164 | 2,214,562 | 65,494 | 130,988 | 2,018,081 | 82.0% | 8/31/2017 |
6.04 | 1750 East Golf Road | | | | | | | | | | | | 5,773,927 | 2,991,546 | 2,782,381 | 53,053 | 106,106 | 2,623,222 | 97.3% | 8/31/2017 |
6.05 | 14800 Quorum Drive | | | | | | | | | | | | 1,518,306 | 612,070 | 906,236 | 25,969 | 51,939 | 828,328 | 76.7% | 8/31/2017 |
6.06 | 1995 North Park Place | | | | | | | | | | | | 1,627,072 | 727,946 | 899,126 | 24,980 | 49,960 | 824,186 | 76.9% | 8/31/2017 |
6.07 | Northlake - 2295 Parklake Dr NE | | | | | | | | | | | | 1,927,363 | 900,434 | 1,026,929 | 30,382 | 60,764 | 935,783 | 79.8% | 8/31/2017 |
6.08 | 4751 Best Road | | | | | | | | | | | | 1,551,928 | 672,927 | 879,001 | 23,271 | 46,542 | 809,188 | 84.2% | 8/31/2017 |
6.09 | The Centre - 4101 McEwen Road | | | | | | | | | | | | 1,383,837 | 738,917 | 644,920 | 31,082 | 62,163 | 551,675 | 61.3% | 8/31/2017 |
6.10 | The Centre - 4099 McEwen Road | | | | | | | | | | | | 1,647,099 | 827,041 | 820,058 | 30,928 | 61,856 | 727,275 | 77.6% | 8/31/2017 |
6.11 | 11225 North 28th Drive | | | | | | | | | | | | 1,412,021 | 918,942 | 493,079 | 33,875 | 67,751 | 391,454 | 78.6% | 8/31/2017 |
6.12 | 10000 North 31st Ave | | | | | | | | | | | | 1,326,083 | 854,686 | 471,397 | 32,045 | 64,090 | 375,262 | 64.4% | 8/31/2017 |
6.13 | The Centre - 4001 McEwen Road | | | | | | | | | | | | 1,177,647 | 515,000 | 662,647 | 23,798 | 47,596 | 591,253 | 70.3% | 8/31/2017 |
6.14 | 4425 W Airport Fwy | | | | | | | | | | | | 1,216,108 | 593,500 | 622,608 | 21,303 | 42,606 | 558,699 | 71.6% | 8/31/2017 |
6.15 | Northlake - 2302 Parklake Dr NE | | | | | | | | | | | | 910,557 | 679,542 | 231,014 | 27,806 | 55,612 | 147,597 | 42.3% | 8/31/2017 |
6.16 | Northlake - 2305&2309 Parklake Dr NE | | | | | | | | | | | | 1,050,901 | 423,736 | 627,165 | 16,290 | 32,579 | 578,297 | 70.0% | 8/31/2017 |
6.17 | 12100 Ford Road | | | | | | | | | | | | 1,274,376 | 764,345 | 510,031 | 39,501 | 79,002 | 391,528 | 57.2% | 8/31/2017 |
6.18 | The Centre - 4000N&S McEwen Road | | | | | | | | | | | | 814,202 | 361,738 | 452,464 | 11,692 | 23,385 | 417,387 | 100.0% | 8/31/2017 |
7 | HGI Savannah Historic District | | | | | | 2.03 | 1.81 | 47.2% | 38.3% | 12.4% | 11.1% | 8,930,140 | 5,631,974 | 3,298,166 | 357,206 | 0 | 2,940,961 | 90.6% | 8/31/2017 |
8 | Belden Park Crossing | | | | | | 1.71 | 1.61 | 74.3% | 63.8% | 10.6% | 10.0% | 7,866,498 | 2,449,394 | 5,417,104 | 72,598 | 238,094 | 5,106,412 | 96.7% | 9/29/2017 |
9 | One Century Place | | | | | | 3.00 | 2.73 | 65.0% | 65.0% | 11.5% | 10.5% | 12,080,931 | 4,449,986 | 7,630,945 | 124,861 | 538,792 | 6,967,293 | 99.8% | 10/11/2017 |
10 | 61 Grove Street | | | | | | 1.50 | 1.49 | 54.8% | 54.8% | 6.7% | 6.6% | 1,825,172 | 382,105 | 1,443,067 | 2,100 | 7,502 | 1,433,465 | 91.7% | 9/1/2017 |
11 | 777 Township Line Road | | | | | | 1.53 | 1.40 | 75.0% | 64.2% | 9.4% | 8.6% | 3,396,888 | 1,426,482 | 1,970,406 | 22,000 | 140,218 | 1,808,188 | 90.6% | 10/01/207 |
12 | The View at Marlton | | | | | | 1.39 | 1.32 | 72.6% | 62.3% | 8.6% | 8.2% | 3,129,139 | 848,755 | 2,280,383 | 18,214 | 91,069 | 2,171,101 | 100.0% | 9/27/2017 |
13 | Corporate Center I & III | | | | | | 1.49 | 1.31 | 66.8% | 56.3% | 10.5% | 9.2% | 2,544,232 | 426,553 | 2,117,679 | -6,000 | 262,206 | 1,861,473 | 100.0% | 10/12/2017 |
14 | DoubleTree Berkeley Marina | | | | | | 2.23 | 1.86 | 52.3% | 45.6% | 14.1% | 11.7% | 31,423,806 | 24,020,252 | 7,403,554 | 1,256,952 | 0 | 6,146,602 | 90.3% | 6/30/2017 |
15 | Redmont Hotel Curio | | | | | | 1.90 | 1.66 | 59.7% | 49.6% | 12.7% | 11.0% | 7,708,491 | 5,303,779 | 2,404,712 | 308,340 | 0 | 2,096,372 | 76.2% | 9/30/2017 |
16 | 555 De Haro | | | | | | 1.84 | 1.76 | 70.4% | 70.4% | 8.0% | 7.7% | 2,294,724 | 769,908 | 1,524,817 | 10,489 | 49,946 | 1,464,382 | 100.0% | 8/1/2017 |
17 | Macedonia Commons | | | | | | 1.94 | 1.80 | 70.5% | 61.6% | 11.7% | 10.9% | 5,436,646 | 1,426,916 | 4,009,729 | 46,832 | 240,539 | 3,722,358 | 96.5% | 6/23/2017 |
18 | Northwoods Center | | | | | | 1.68 | 1.60 | 68.6% | 62.7% | 10.1% | 9.6% | 2,280,084 | 561,456 | 1,718,627 | 27,867 | 61,462 | 1,629,299 | 100.0% | 8/7/2017 |
19 | 100-102 Forsyth Street | | | | | | 1.35 | 1.34 | 66.7% | 66.7% | 6.8% | 6.7% | 1,426,665 | 340,426 | 1,086,239 | 9,690 | 0 | 1,076,549 | 97.8% | 7/1/2017 |
20 | Hilton Houston Galleria TX | | | | | | 2.35 | 2.00 | 61.4% | 54.9% | 16.9% | 14.4% | 9,739,607 | 7,105,206 | 2,634,402 | 389,584 | 0 | 2,244,818 | 72.2% | 9/30/2017 |
21 | Del Amo Fashion Center | | | | | | 3.48 | 3.34 | 39.8% | 39.8% | 12.9% | 12.4% | 81,259,520 | 21,915,628 | 59,343,892 | 223,460 | 2,154,999 | 56,965,434 | 85.2% | 5/15/2017 |
22 | Hallandale Self Storage | | | | | | 1.52 | 1.50 | 74.8% | 65.6% | 9.3% | 9.2% | 1,859,829 | 596,215 | 1,263,613 | 15,073 | 0 | 1,248,540 | 86.2% | 8/31/2017 |
23 | Springville Heights Condominium | | | | | | 1.62 | 1.57 | 61.1% | 61.1% | 7.9% | 7.7% | 1,798,255 | 732,661 | 1,065,594 | 27,250 | 0 | 1,038,344 | 87.2% | 9/27/2017 |
24 | HGI Plymouth | | | | | | 2.08 | 1.79 | 64.9% | 54.7% | 13.4% | 11.5% | 6,210,767 | 4,455,872 | 1,754,895 | 248,431 | 0 | 1,506,465 | 74.4% | 9/30/2017 |
25 | 1030-1040 Broad Street | | | | | | 1.57 | 1.41 | 68.4% | 59.4% | 10.2% | 9.2% | 2,492,696 | 1,160,745 | 1,331,951 | 24,853 | 108,056 | 1,199,042 | 100.0% | 9/11/2017 |
26 | Columbia Park Shopping Center | | | | | | 1.73 | 1.63 | 60.3% | 60.3% | 8.4% | 7.9% | 8,241,386 | 2,949,849 | 5,291,537 | 69,141 | 259,277 | 4,963,119 | 94.8% | 4/25/2017 |
27 | Dublin Corners | | | | | | 1.68 | 1.63 | 59.3% | 47.9% | 10.1% | 9.8% | 1,824,782 | 562,559 | 1,262,222 | 11,079 | 24,439 | 1,226,705 | 100.0% | 9/30/2017 |
28 | Residence Inn Omaha Aksarben Village | | | | | | 2.08 | 1.88 | 67.8% | 55.7% | 13.4% | 12.1% | 3,925,657 | 2,317,109 | 1,608,548 | 157,026 | 0 | 1,451,521 | 73.3% | 8/31/2017 |
29 | Simi Valley Industrial Park | | | | | | 2.91 | 2.63 | 51.6% | 51.6% | 11.6% | 10.5% | 1,911,120 | 568,693 | 1,342,427 | 43,326 | 86,651 | 1,212,451 | 92.4% | 8/1/2017 |
30 | Plaza de Hacienda | | | | | | 2.03 | 1.86 | 51.7% | 37.1% | 12.7% | 11.6% | 2,002,651 | 599,441 | 1,403,210 | 20,782 | 94,953 | 1,287,475 | 96.5% | 7/31/2017 |
31 | Northern Ohio Industrial Park | | | | | | 2.11 | 1.81 | 69.2% | 55.9% | 12.8% | 11.0% | 2,457,045 | 1,045,072 | 1,411,972 | 137,895 | 64,109 | 1,209,968 | 100.0% | 7/1/2017 |
32 | Cascade Building | | | | | | 3.26 | 3.13 | 39.2% | 39.2% | 12.1% | 11.6% | 1,899,881 | 694,539 | 1,205,342 | 19,080 | 28,620 | 1,157,643 | 79.3% | 7/31/2017 |
33 | Paseo Lindo | | | | | | 2.47 | 2.32 | 61.6% | 61.6% | 10.6% | 9.9% | 1,210,173 | 240,626 | 969,547 | 9,009 | 50,944 | 909,595 | 100.0% | 9/5/2017 |
34 | Marengo Plaza | | | | | | 1.70 | 1.64 | 53.8% | 43.8% | 10.6% | 10.2% | 1,164,014 | 215,021 | 948,993 | 4,471 | 28,044 | 916,478 | 94.7% | 6/25/2017 |
35 | 444-446 86th Street | | | | | | 1.75 | 1.69 | 63.1% | 63.1% | 8.1% | 7.9% | 892,400 | 188,702 | 703,698 | 2,200 | 22,243 | 679,254 | 100.0% | 11/1/2017 |
36 | Alton Business Park | | | | | | 3.01 | 2.77 | 50.0% | 50.0% | 12.0% | 11.1% | 1,281,151 | 259,599 | 1,021,552 | 26,807 | 53,800 | 940,945 | 100.0% | 9/1/2017 |
37 | Willowick Business Park | | | | | | 3.25 | 2.84 | 44.7% | 44.7% | 13.0% | 11.4% | 1,670,086 | 572,726 | 1,097,360 | 43,060 | 94,929 | 959,371 | 93.9% | 7/14/2017 |
38 | Omega Self Storage – Amityville Portfolio | | | | | | 1.78 | 1.77 | 58.9% | 47.8% | 11.0% | 10.9% | 1,218,618 | 343,801 | 874,817 | 8,618 | 0 | 866,199 | 99.1% | 9/30/2017 |
38.01 | 185-Omega Self Storage | | | | | | | | | | | | 971,298 | 284,865 | 686,433 | 6,854 | 0 | 679,579 | 99.7% | 9/30/2017 |
38.02 | 491-Omega Storage Inc. | | | | | | | | | | | | 247,320 | 58,936 | 188,384 | 1,764 | 0 | 186,620 | 96.6% | 9/30/2017 |
39 | Walnut Grove Medical Center | | | | | | 2.34 | 2.08 | 60.0% | 60.0% | 10.8% | 9.6% | 1,258,130 | 418,397 | 839,733 | 8,119 | 82,817 | 748,796 | 94.2% | 9/15/2017 |
40 | Tustin Mayfair Plaza | | | | | | 2.35 | 2.27 | 49.8% | 49.8% | 10.8% | 10.4% | 1,087,761 | 281,020 | 806,741 | 8,268 | 20,670 | 777,803 | 100.0% | 10/6/2017 |
41 | Water Tower Self Storage | | | | | | 1.52 | 1.49 | 68.5% | 57.3% | 9.4% | 9.2% | 961,899 | 291,091 | 670,808 | 14,280 | 0 | 656,528 | 97.5% | 8/28/2017 |
42 | RSM Business Park | | | | | | 2.91 | 2.68 | 50.7% | 50.7% | 11.6% | 10.7% | 1,052,674 | 251,220 | 801,454 | 16,315 | 46,828 | 738,311 | 94.5% | 8/1/2017 |
43 | Avenue Hall Executive Center | | | | | | 2.96 | 2.66 | 53.9% | 53.9% | 11.8% | 10.6% | 1,115,649 | 304,870 | 810,779 | 16,591 | 65,432 | 728,756 | 96.5% | 8/1/2017 |
44 | Comfort Suites Hilton Head Bluffton | | | | | | 2.30 | 2.07 | 64.2% | 48.1% | 16.1% | 14.5% | 2,371,746 | 1,409,087 | 962,659 | 94,870 | 0 | 867,789 | 78.6% | 5/31/2017 |
45 | Harbor Court Plaza | | | | | | 1.61 | 1.50 | 68.8% | 58.9% | 9.9% | 9.3% | 840,732 | 294,883 | 545,849 | 6,009 | 30,046 | 509,794 | 89.2% | 6/8/2017 |
46 | Boulevard Square II | | | | | | 1.38 | 1.30 | 72.1% | 58.8% | 8.6% | 8.1% | 661,419 | 236,876 | 424,542 | 9,328 | 14,189 | 401,025 | 98.4% | 8/28/2017 |
47 | Shaw Blackstone Center-CA | | | | | | 1.69 | 1.58 | 70.3% | 60.1% | 10.3% | 9.7% | 699,532 | 198,322 | 501,210 | 6,846 | 25,674 | 468,690 | 100.0% | 9/1/2017 |
48 | Hampton Inn - Marshall | | | | | | 2.50 | 2.20 | 66.7% | 49.2% | 16.8% | 14.9% | 2,172,363 | 1,430,930 | 741,433 | 86,895 | 0 | 654,538 | 74.1% | 7/31/2017 |
49 | Rite Aid Dunmore | | | | | | 1.41 | 1.30 | 64.4% | 48.6% | 10.1% | 9.3% | 392,370 | 7,847 | 384,523 | 1,677 | 27,950 | 354,896 | 100.0% | 11/1/2017 |
50 | Kirkwood Center | | | | | | 1.63 | 1.58 | 52.5% | 32.8% | 12.6% | 12.2% | 293,816 | 67,630 | 226,186 | 1,405 | 5,269 | 219,512 | 100.0% | 6/19/2017 |
51 | Preferred Self Storage | | | | | | 2.04 | 1.97 | 58.5% | 47.5% | 12.6% | 12.2% | 275,172 | 123,995 | 151,177 | 5,303 | 0 | 145,874 | 99.3% | 7/31/2017 |
52 | Dollar General E. Peoria | | | | | | 1.81 | 1.78 | 70.0% | 70.0% | 9.0% | 8.9% | 94,288 | 2,829 | 91,460 | 1,365 | 0 | 90,095 | 100.0% | 11/1/2017 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | U/W Hotel ADR(9) | U/W Hotel RevPAR(9) | Most Recent Period(9) | Most Recent Revenues ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent Capital Expenditures | Most Recent NCF ($) | Most Recent Hotel ADR | Most Recent Hotel RevPAR | Second Most Recent Period(9) | Second Most Recent Revenues ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent Capital Expenditures | Second Most Recent NCF ($) | Second Most Recent Hotel ADR | Second Most Recent Hotel RevPAR |
1 | Headquarters Plaza | 168 | 149 | TTM 8/31/2017 | 39,510,913 | 22,016,384 | 17,494,529 | 843,150 | 16,651,379 | 168 | 149 | Actual 2016 | 39,036,653 | 22,376,710 | 16,659,943 | 844,625 | 15,815,318 | 167 | 148 |
2 | Marriott LAX | 160 | 135 | Actual 2016 | 72,255,774 | 52,054,178 | 20,201,595 | 0 | 20,201,595 | 160 | 135 | Actual 2015 | 68,991,437 | 50,469,387 | 18,522,050 | 0 | 18,522,050 | 148 | 128 |
3 | Mall of Louisiana | | | TTM 4/30/2017 | 42,205,123 | 7,209,498 | 34,995,624 | 0 | 34,995,624 | | | Actual 2016 | 42,235,214 | 7,196,737 | 35,038,477 | 0 | 35,038,477 | | |
4 | Adler Portfolio | | | TTM 9/30/2017 | 13,144,964 | 4,810,655 | 8,334,310 | 0 | 8,334,310 | | | Actual 2016 | 13,074,834 | 4,869,136 | 8,205,698 | 0 | 8,205,698 | | |
4.01 | Carmel Executive Park | | | TTM 9/30/2017 | 4,183,494 | 1,617,487 | 2,566,007 | 0 | 2,566,007 | | | Actual 2016 | 4,092,258 | 1,643,680 | 2,448,578 | 0 | 2,448,578 | | |
4.02 | Vista Point North | | | TTM 9/30/2017 | 2,296,168 | 879,863 | 1,416,305 | 0 | 1,416,305 | | | Actual 2016 | 2,286,339 | 900,086 | 1,386,253 | 0 | 1,386,253 | | |
4.03 | Greenbriar Business Park | | | TTM 9/30/2017 | 1,908,450 | 512,070 | 1,396,379 | 0 | 1,396,379 | | | Actual 2016 | 1,869,943 | 546,867 | 1,323,076 | 0 | 1,323,076 | | |
4.04 | Plaza Southwest | | | TTM 9/30/2017 | 1,406,649 | 487,863 | 918,786 | 0 | 918,786 | | | Actual 2016 | 1,517,100 | 505,651 | 1,011,449 | 0 | 1,011,449 | | |
4.05 | Commerce Park North | | | TTM 9/30/2017 | 1,040,421 | 333,384 | 707,038 | 0 | 707,038 | | | Actual 2016 | 1,049,954 | 337,644 | 712,311 | 0 | 712,311 | | |
4.06 | Crescent 10 Facility | | | TTM 9/30/2017 | 987,323 | 361,912 | 625,410 | 0 | 625,410 | | | Actual 2016 | 942,860 | 376,216 | 566,644 | 0 | 566,644 | | |
4.07 | Technipark Ten Service Center | | | TTM 9/30/2017 | 986,491 | 327,128 | 659,363 | 0 | 659,363 | | | Actual 2016 | 989,973 | 334,719 | 655,253 | 0 | 655,253 | | |
4.08 | Westchase Park | | | TTM 9/30/2017 | 335,968 | 290,947 | 45,021 | 0 | 45,021 | | | Actual 2016 | 326,408 | 224,274 | 102,134 | 0 | 102,134 | | |
5 | U.S. Industrial Portfolio III | | | TTM 6/30/2017 | 14,448,506 | 2,245,198 | 12,203,308 | 0 | 12,203,308 | | | Actual 2016 | 14,325,613 | 2,270,350 | 12,055,263 | 0 | 12,055,263 | | |
5.01 | 2121 Gardner Street | | | TTM 6/30/2017 | 1,818,254 | 180,000 | 1,638,254 | 0 | 1,638,254 | | | Actual 2016 | 1,802,598 | 180,000 | 1,622,598 | 0 | 1,622,598 | | |
5.02 | 975 Cottonwood Avenue | | | TTM 6/30/2017 | 1,085,265 | 102,000 | 983,265 | 0 | 983,265 | | | Actual 2016 | 1,070,945 | 102,000 | 968,945 | 0 | 968,945 | | |
5.03 | 4925 Bulls Bay Highway | | | TTM 6/30/2017 | 1,142,332 | 172,000 | 970,332 | 0 | 970,332 | | | Actual 2016 | 1,125,644 | 168,000 | 957,644 | 0 | 957,644 | | |
5.04 | 1500 Southeast 37th Street | | | TTM 6/30/2017 | 841,972 | 144,000 | 697,972 | 0 | 697,972 | | | Actual 2016 | 832,588 | 144,000 | 688,588 | 0 | 688,588 | | |
5.05 | 10450 Medallion Drive | | | TTM 6/30/2017 | 997,876 | 240,000 | 757,876 | 0 | 757,876 | | | Actual 2016 | 986,812 | 240,000 | 746,812 | 0 | 746,812 | | |
5.06 | 1501 Industrial Boulevard | | | TTM 6/30/2017 | 763,658 | 120,000 | 643,658 | 0 | 643,658 | | | Actual 2016 | 761,760 | 126,000 | 635,760 | 0 | 635,760 | | |
5.07 | 1001 DDC Way | | | TTM 6/30/2017 | 742,287 | 78,000 | 664,287 | 0 | 664,287 | | | Actual 2016 | 733,377 | 78,000 | 655,377 | 0 | 655,377 | | |
5.08 | 1152 Armorlite Drive | | | TTM 6/30/2017 | 559,434 | 72,000 | 487,434 | 0 | 487,434 | | | Actual 2016 | 553,416 | 72,000 | 481,416 | 0 | 481,416 | | |
5.09 | 3800 West Broward Boulevard | | | TTM 6/30/2017 | 612,978 | 72,000 | 540,978 | 0 | 540,978 | | | Actual 2016 | 606,300 | 72,000 | 534,300 | 0 | 534,300 | | |
5.10 | 2900 & 2950 Hill Avenue | | | TTM 6/30/2017 | 645,529 | 110,400 | 535,129 | 0 | 535,129 | | | Actual 2016 | 655,039 | 127,800 | 527,239 | 0 | 527,239 | | |
5.11 | 1700 Highland Road | | | TTM 6/30/2017 | 578,472 | 88,200 | 490,272 | 0 | 490,272 | | | Actual 2016 | 571,884 | 88,200 | 483,684 | 0 | 483,684 | | |
5.12 | 1972 Salem Industrial Drive | | | TTM 6/30/2017 | 601,489 | 46,800 | 554,689 | 0 | 554,689 | | | Actual 2016 | 596,189 | 46,800 | 549,389 | 0 | 549,389 | | |
5.13 | 1800 University Parkway | | | TTM 6/30/2017 | 563,372 | 90,000 | 473,372 | 0 | 473,372 | | | Actual 2016 | 557,355 | 90,000 | 467,355 | 0 | 467,355 | | |
5.14 | 621 Hunt Valley Circle | | | TTM 6/30/2017 | 549,096 | 64,200 | 484,896 | 0 | 484,896 | | | Actual 2016 | 543,108 | 64,200 | 478,908 | 0 | 478,908 | | |
5.15 | 5000 Askins Lane | | | TTM 6/30/2017 | 419,741 | 90,000 | 329,741 | 0 | 329,741 | | | Actual 2016 | 415,318 | 90,000 | 325,318 | 0 | 325,318 | | |
5.16 | 900 Chaddick Drive | | | TTM 6/30/2017 | 653,424 | 276,000 | 377,424 | 0 | 377,424 | | | Actual 2016 | 653,424 | 276,000 | 377,424 | 0 | 377,424 | | |
5.17 | 6600 Chapek Parkway | | | TTM 6/30/2017 | 414,731 | 68,998 | 345,733 | 0 | 345,733 | | | Actual 2016 | 405,717 | 63,998 | 341,719 | 0 | 341,719 | | |
5.18 | 53208 Columbia Drive | | | TTM 6/30/2017 | 462,404 | 50,000 | 412,404 | 0 | 412,404 | | | Actual 2016 | 464,336 | 57,500 | 406,836 | 0 | 406,836 | | |
5.19 | 7750 Hub Parkway | | | TTM 6/30/2017 | 406,731 | 81,000 | 325,731 | 0 | 325,731 | | | Actual 2016 | 405,969 | 84,252 | 321,717 | 0 | 321,717 | | |
5.20 | 21699 Torrence Avenue & 2701 Kalvelage Drive | | | TTM 6/30/2017 | 274,517 | 50,400 | 224,117 | 0 | 224,117 | | | Actual 2016 | 271,512 | 50,400 | 221,112 | 0 | 221,112 | | |
5.21 | 3221 Cherry Palm Drive | | | TTM 6/30/2017 | 314,944 | 49,200 | 265,744 | 0 | 265,744 | | | Actual 2016 | 312,322 | 49,200 | 263,122 | 0 | 263,122 | | |
6 | National Office Portfolio | | | TTM 8/31/2017 | 34,604,835 | 17,986,810 | 16,618,026 | 0 | 16,618,026 | | | Actual 2016 | 32,062,523 | 17,768,808 | 14,293,715 | 0 | 14,293,715 | | |
6.01 | 8330 LBJ Freeway | | | TTM 8/31/2017 | 4,835,602 | 2,348,873 | 2,486,729 | 0 | 2,486,729 | | | Actual 2016 | 4,377,524 | 2,151,230 | 2,226,294 | 0 | 2,226,294 | | |
6.02 | 101 East Park Boulevard | | | TTM 8/31/2017 | 3,520,341 | 1,326,254 | 2,194,088 | 0 | 2,194,088 | | | Actual 2016 | 3,180,538 | 1,394,729 | 1,785,810 | 0 | 1,785,810 | | |
6.03 | 13601 Preston Road | | | TTM 8/31/2017 | 3,300,928 | 1,652,905 | 1,648,023 | 0 | 1,648,023 | | | Actual 2016 | 3,005,621 | 1,570,121 | 1,435,500 | 0 | 1,435,500 | | |
6.04 | 1750 East Golf Road | | | TTM 8/31/2017 | 5,575,355 | 3,024,178 | 2,551,177 | 0 | 2,551,177 | | | Actual 2016 | 5,327,020 | 3,048,095 | 2,278,925 | 0 | 2,278,925 | | |
6.05 | 14800 Quorum Drive | | | TTM 8/31/2017 | 1,391,459 | 608,168 | 783,291 | 0 | 783,291 | | | Actual 2016 | 1,521,458 | 653,758 | 867,700 | 0 | 867,700 | | |
6.06 | 1995 North Park Place | | | TTM 8/31/2017 | 1,660,349 | 730,040 | 930,309 | 0 | 930,309 | | | Actual 2016 | 1,631,479 | 761,208 | 870,271 | 0 | 870,271 | | |
6.07 | Northlake - 2295 Parklake Dr NE | | | TTM 8/31/2017 | 1,601,423 | 910,515 | 690,908 | 0 | 690,908 | | | Actual 2016 | 1,342,103 | 892,898 | 449,205 | 0 | 449,205 | | |
6.08 | 4751 Best Road | | | TTM 8/31/2017 | 1,474,324 | 685,470 | 788,854 | 0 | 788,854 | | | Actual 2016 | 1,344,457 | 751,674 | 592,783 | 0 | 592,783 | | |
6.09 | The Centre - 4101 McEwen Road | | | TTM 8/31/2017 | 1,245,140 | 737,212 | 507,928 | 0 | 507,928 | | | Actual 2016 | 914,170 | 737,961 | 176,209 | 0 | 176,209 | | |
6.10 | The Centre - 4099 McEwen Road | | | TTM 8/31/2017 | 1,505,536 | 815,542 | 689,994 | 0 | 689,994 | | | Actual 2016 | 1,304,485 | 786,570 | 517,915 | 0 | 517,915 | | |
6.11 | 11225 North 28th Drive | | | TTM 8/31/2017 | 1,266,871 | 920,148 | 346,723 | 0 | 346,723 | | | Actual 2016 | 1,180,406 | 927,020 | 253,386 | 0 | 253,386 | | |
6.12 | 10000 North 31st Ave | | | TTM 8/31/2017 | 1,221,055 | 868,720 | 352,335 | 0 | 352,335 | | | Actual 2016 | 1,161,945 | 825,547 | 336,398 | 0 | 336,398 | | |
6.13 | The Centre - 4001 McEwen Road | | | TTM 8/31/2017 | 1,054,799 | 516,535 | 538,264 | 0 | 538,264 | | | Actual 2016 | 1,016,963 | 508,609 | 508,354 | 0 | 508,354 | | |
6.14 | 4425 W Airport Fwy | | | TTM 8/31/2017 | 1,118,170 | 595,559 | 522,610 | 0 | 522,610 | | | Actual 2016 | 896,676 | 568,996 | 327,680 | 0 | 327,680 | | |
6.15 | Northlake - 2302 Parklake Dr NE | | | TTM 8/31/2017 | 1,157,645 | 710,348 | 447,297 | 0 | 447,297 | | | Actual 2016 | 1,083,453 | 644,130 | 439,324 | 0 | 439,324 | | |
6.16 | Northlake - 2305&2309 Parklake Dr NE | | | TTM 8/31/2017 | 442,332 | 405,168 | 37,164 | 0 | 37,164 | | | Actual 2016 | 723,558 | 477,486 | 246,072 | 0 | 246,072 | | |
6.17 | 12100 Ford Road | | | TTM 8/31/2017 | 1,439,079 | 770,107 | 668,971 | 0 | 668,971 | | | Actual 2016 | 1,266,542 | 711,864 | 554,678 | 0 | 554,678 | | |
6.18 | The Centre - 4000N&S McEwen Road | | | TTM 8/31/2017 | 794,427 | 361,067 | 433,360 | 0 | 433,360 | | | Actual 2016 | 784,123 | 356,912 | 427,211 | 0 | 427,211 | | |
7 | HGI Savannah Historic District | 164 | 151 | TTM 8/31/2017 | 8,663,835 | 5,544,450 | 3,119,385 | 0 | 3,119,385 | 163 | 148 | Actual 2016 | 8,614,424 | 5,323,630 | 3,290,794 | 0 | 3,290,794 | 159 | 146 |
8 | Belden Park Crossing | | | TTM 8/31/2017 | 7,367,583 | 2,308,322 | 5,059,261 | 0 | 5,059,261 | | | Actual 2016 | 7,910,626 | 2,409,871 | 5,500,754 | 0 | 5,500,754 | | |
9 | One Century Place | | | TTM 8/31/2017 | 11,698,190 | 4,552,371 | 7,145,819 | 0 | 7,145,819 | | | Actual 2016 | 11,526,392 | 4,540,218 | 6,986,174 | 0 | 6,986,174 | | |
10 | 61 Grove Street | | | TTM 8/31/2017 | 1,846,980 | 362,818 | 1,484,162 | 0 | 1,484,162 | | | Actual 2016 | 1,793,541 | 322,882 | 1,470,659 | 0 | 1,470,659 | | |
11 | 777 Township Line Road | | | TTM 7/31/2017 | 2,958,242 | 1,164,051 | 1,794,191 | 0 | 1,794,191 | | | Actual 2016 | 2,612,251 | 1,140,821 | 1,471,430 | 0 | 1,471,430 | | |
12 | The View at Marlton | | | NAV | NAV | NAV | NAV | NAV | NAV | | | NAV | NAV | NAV | NAV | NAV | NAV | | |
13 | Corporate Center I & III | | | TTM 8/31/2017 | 2,733,510 | 454,729 | 2,278,781 | 0 | 2,278,781 | | | Actual 2016 | 2,545,624 | 432,940 | 2,112,684 | 0 | 2,112,684 | | |
14 | DoubleTree Berkeley Marina | 186 | 168 | TTM 6/30/2017 | 31,423,806 | 24,018,009 | 7,405,797 | 1,256,952 | 6,148,845 | 186 | 168 | Actual 2016 | 31,534,222 | 23,777,836 | 7,756,386 | 1,261,369 | 6,495,017 | 190 | 170 |
15 | Redmont Hotel Curio | 147 | 112 | TTM 9/30/2017 | 7,708,491 | 5,226,934 | 2,481,557 | 0 | 2,481,557 | 147 | 112 | Annualized 9 12/31/2016 | 5,689,316 | 4,642,033 | 1,047,283 | 0 | 1,047,283 | 137 | 79 |
16 | 555 De Haro | | | TTM 6/30/2017 | 2,026,684 | 636,637 | 1,390,047 | 0 | 1,390,047 | | | Actual 2016 | 1,757,828 | 660,835 | 1,096,993 | 0 | 1,096,993 | | |
17 | Macedonia Commons | | | TTM 6/30/2017 | 5,153,438 | 1,297,251 | 3,856,187 | 0 | 3,856,187 | | | Actual 2016 | 5,351,897 | 1,334,115 | 4,017,782 | 0 | 4,017,782 | | |
18 | Northwoods Center | | | TTM 6/30/2017 | 2,297,194 | 572,657 | 1,724,537 | 0 | 1,724,537 | | | Actual 2016 | 2,262,596 | 569,426 | 1,693,170 | 0 | 1,693,170 | | |
19 | 100-102 Forsyth Street | | | TTM 8/31/2017 | 593,858 | 140,966 | 452,892 | 0 | 452,892 | | | Actual 2016 | 569,972 | 290,493 | 279,480 | 0 | 279,480 | | |
20 | Hilton Houston Galleria TX | 103 | 75 | TTM 9/30/2017 | 9,739,047 | 7,177,870 | 2,561,177 | 0 | 2,561,177 | 103 | 75 | Actual 2016 | 8,814,327 | 6,900,992 | 1,913,335 | 0 | 1,913,335 | 97 | 67 |
21 | Del Amo Fashion Center | | | TTM 3/31/2017 | 77,175,155 | 23,956,448 | 53,218,707 | 0 | 53,218,707 | | | Actual 2016 | 75,673,675 | 24,572,583 | 51,101,092 | 0 | 51,101,092 | | |
22 | Hallandale Self Storage | | | TTM 8/31/2017 | 1,859,829 | 522,479 | 1,337,350 | 0 | 1,337,350 | | | Actual 2016 | 1,859,245 | 516,579 | 1,342,666 | 0 | 1,342,666 | | |
23 | Springville Heights Condominium | | | TTM 10/31/2017 | 1,909,342 | 690,238 | 1,219,104 | 0 | 1,219,104 | | | Actual 2016 | 1,658,579 | 669,798 | 988,781 | 0 | 988,781 | | |
24 | HGI Plymouth | 130 | 96 | TTM 9/30/2017 | 6,210,767 | 4,407,113 | 1,803,654 | 0 | 1,803,654 | 130 | 96 | Actual 2016 | 5,950,883 | 4,187,630 | 1,763,253 | 0 | 1,763,253 | 125 | 92 |
25 | 1030-1040 Broad Street | | | TTM 6/30/2017 | 2,732,540 | 1,192,156 | 1,540,384 | 0 | 1,540,384 | | | Actual 2016 | 2,565,767 | 1,157,706 | 1,408,061 | 0 | 1,408,061 | | |
26 | Columbia Park Shopping Center | | | TTM 3/31/2017 | 7,775,707 | 2,753,833 | 5,021,875 | 0 | 5,021,875 | | | Actual 2016 | 7,703,268 | 2,824,452 | 4,878,816 | 0 | 4,878,816 | | |
27 | Dublin Corners | | | TTM 9/30/2017 | 1,874,485 | 615,421 | 1,259,064 | 0 | 1,259,064 | | | Actual 2016 | 1,587,435 | 535,075 | 1,052,360 | 0 | 1,052,360 | | |
28 | Residence Inn Omaha Aksarben Village | 121 | 89 | TTM 8/31/2017 | 3,925,657 | 2,400,891 | 1,524,766 | 0 | 1,524,766 | 121 | 89 | Actual 2016 | 3,874,789 | 2,362,530 | 1,512,259 | 0 | 1,512,259 | 124 | 88 |
29 | Simi Valley Industrial Park | | | TTM 7/31/2017 | 2,006,357 | 594,471 | 1,411,886 | 23,103 | 1,388,783 | | | Actual 2016 | 1,898,057 | 577,107 | 1,320,950 | 33,948 | 1,287,002 | | |
30 | Plaza de Hacienda | | | TTM 6/30/2017 | 1,851,923 | 668,614 | 1,183,309 | 0 | 1,183,309 | | | Actual 2016 | 1,828,472 | 604,320 | 1,224,152 | 0 | 1,224,152 | | |
31 | Northern Ohio Industrial Park | | | TTM 8/31/2017 | 2,593,388 | 1,047,193 | 1,546,195 | 0 | 1,546,195 | | | Actual 2016 | 2,508,648 | 1,009,889 | 1,498,759 | 0 | 1,498,759 | | |
32 | Cascade Building | | | TTM 7/30/2017 | 2,178,967 | 690,185 | 1,488,781 | 0 | 1,488,781 | | | Actual 2016 | 2,154,761 | 689,659 | 1,465,102 | 0 | 1,465,102 | | |
33 | Paseo Lindo | | | NAV | NAV | NAV | NAV | NAV | NAV | | | NAV | NAV | NAV | NAV | NAV | NAV | | |
34 | Marengo Plaza | | | TTM 6/30/2017 | 835,717 | 181,755 | 653,962 | 0 | 653,962 | | | Actual 2016 | 425,254 | 167,242 | 258,012 | 0 | 258,012 | | |
35 | 444-446 86th Street | | | TTM 7/31/2017 | 871,130 | 216,237 | 654,893 | 0 | 654,893 | | | Actual 2016 | 519,369 | 217,078 | 302,291 | 0 | 302,291 | | |
36 | Alton Business Park | | | TTM 7/31/2017 | 1,297,375 | 265,931 | 1,031,444 | 22,111 | 1,009,333 | | | Actual 2016 | 1,278,602 | 249,585 | 1,029,017 | 24,757 | 1,004,260 | | |
37 | Willowick Business Park | | | TTM 7/31/2017 | 1,594,018 | 591,981 | 1,002,037 | 60,796 | 941,241 | | | Actual 2016 | 1,545,695 | 551,814 | 993,881 | 83,318 | 910,563 | | |
38 | Omega Self Storage – Amityville Portfolio | | | TTM 9/30/2017 | 1,334,369 | 271,087 | 1,063,282 | 0 | 1,063,282 | | | Actual 2016 | 1,164,693 | 252,838 | 911,855 | 0 | 911,855 | | |
38.01 | 185-Omega Self Storage | | | TTM 9/30/2017 | 1,061,790 | 231,476 | 830,314 | 0 | 830,314 | | | Actual 2016 | 930,420 | 214,865 | 715,555 | 0 | 715,555 | | |
38.02 | 491-Omega Storage Inc. | | | TTM 9/30/2017 | 272,579 | 39,611 | 232,968 | 0 | 232,968 | | | Actual 2016 | 234,273 | 37,973 | 196,300 | 0 | 196,300 | | |
39 | Walnut Grove Medical Center | | | TTM 5/31/2017 | 1,081,130 | 444,274 | 636,856 | 0 | 636,856 | | | Actual 2016 | 1,128,298 | 417,283 | 711,015 | 0 | 711,015 | | |
40 | Tustin Mayfair Plaza | | | Annualized 8 8/31/2017 | 723,357 | 251,429 | 471,929 | 0 | 471,929 | | | Actual 2016 | 365,455 | 220,213 | 145,242 | 0 | 145,242 | | |
41 | Water Tower Self Storage | | | TTM 7/31/2017 | 962,506 | 206,524 | 755,982 | 0 | 755,982 | | | Actual 2016 | 940,820 | 217,526 | 723,294 | 0 | 723,294 | | |
42 | RSM Business Park | | | TTM 7/31/2017 | 1,021,207 | 239,921 | 781,286 | 53,058 | 728,228 | | | Actual 2016 | 1,003,012 | 239,491 | 763,521 | 36,033 | 727,488 | | |
43 | Avenue Hall Executive Center | | | TTM 7/31/2017 | 1,059,954 | 317,442 | 742,512 | 39,893 | 702,619 | | | Actual 2016 | 1,084,041 | 302,196 | 781,845 | 26,764 | 755,081 | | |
44 | Comfort Suites Hilton Head Bluffton | 103 | 81 | TTM 5/31/2017 | 2,371,745 | 1,302,434 | 1,069,311 | 0 | 1,069,311 | 103 | 81 | Actual 2016 | 2,243,399 | 1,293,211 | 950,187 | 0 | 950,187 | 100 | 77 |
45 | Harbor Court Plaza | | | TTM 5/30/2017 | 764,668 | 238,787 | 525,881 | 0 | 525,881 | | | Actual 2016 | 746,647 | 244,756 | 501,891 | 0 | 501,891 | | |
46 | Boulevard Square II | | | TTM 7/31/2017 | 651,567 | 208,061 | 443,506 | 0 | 443,506 | | | Actual 2016 | 620,921 | 207,726 | 413,195 | 0 | 413,195 | | |
47 | Shaw Blackstone Center-CA | | | TTM 8/31/2017 | 759,722 | 209,191 | 550,531 | 0 | 550,531 | | | Actual 2016 | 766,278 | 198,329 | 567,950 | 0 | 567,950 | | |
48 | Hampton Inn - Marshall | 107 | 79 | TTM 7/31/2017 | 2,172,363 | 1,446,872 | 725,491 | 86,895 | 638,596 | 107 | 79 | Actual 2016 | 2,209,282 | 1,437,362 | 771,920 | 88,371 | 683,549 | 108 | 81 |
49 | Rite Aid Dunmore | | | NAV | NAV | NAV | NAV | NAV | NAV | | | NAV | NAV | NAV | NAV | NAV | NAV | | |
50 | Kirkwood Center | | | TTM 6/30/2017 | 249,754 | 60,693 | 189,061 | 0 | 189,061 | | | Actual 2016 | 253,392 | 58,137 | 195,254 | 0 | 195,254 | | |
51 | Preferred Self Storage | | | TTM 3/31/2017 | 278,713 | 99,119 | 179,594 | 0 | 179,594 | | | Actual 2016 | 278,776 | 109,297 | 169,479 | 0 | 169,479 | | |
52 | Dollar General E. Peoria | | | NAV | NAV | NAV | NAV | NAV | NAV | | | NAV | NAV | NAV | NAV | NAV | NAV | | |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Third Most Recent Period(9) | Third Most Recent Revenues ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent Capital Expenditures | Third Most Recent NCF ($) | Third Most Recent Hotel ADR | Third Most Recent Hotel RevPAR | Master Lease (Y/N)(10) | Largest Tenant Name(4)(5)(8)(11)(12)(13)(15) | Largest Tenant Sq. Ft. | Largest Tenant % of NRA | Largest Tenant Exp. Date | 2nd Largest Tenant Name(2)(8)(11)(12) |
1 | Headquarters Plaza | Actual 2015 | 38,994,350 | 22,377,837 | 16,616,513 | 851,096 | 15,765,417 | 170 | 149 | N | Riker, Danzig, Scherer | 79,170 | 10.9% | 7/31/2025 | Chartwell Consulting Group, Inc. |
2 | Marriott LAX | Actual 2014 | 66,625,604 | 51,620,102 | 15,005,502 | 0 | 15,005,502 | 130 | 116 | N | | | | | |
3 | Mall of Louisiana | Actual 2015 | 41,979,974 | 7,399,438 | 34,580,536 | 0 | 34,580,536 | | | N | AMC Theatres | 74,400 | 9.6% | 7/21/2026 | Dick’s Sporting Goods |
4 | Adler Portfolio | Actual 2015 | 12,313,728 | 5,032,851 | 7,280,877 | 0 | 7,280,877 | | | N | Various | Various | Various | Various | Various |
4.01 | Carmel Executive Park | Actual 2015 | 3,863,763 | 1,634,538 | 2,229,225 | 0 | 2,229,225 | | | N | Crump Life Insurance Services, Inc | 19,838 | 8.9% | 6/30/2021 | Forterra Brick East, LLC |
4.02 | Vista Point North | Actual 2015 | 2,311,995 | 945,363 | 1,366,632 | 0 | 1,366,632 | | | N | M/I Homes | 19,597 | 13.6% | 5/31/2023 | Care View Communication |
4.03 | Greenbriar Business Park | Actual 2015 | 1,544,947 | 528,952 | 1,015,996 | 0 | 1,015,996 | | | N | Caterpillar Financial Services | 33,055 | 24.4% | 11/30/2020 | Turenne PharMedCo Inc |
4.04 | Plaza Southwest | Actual 2015 | 1,335,401 | 565,544 | 769,857 | 0 | 769,857 | | | N | Joseph A. Baden | 22,843 | 15.0% | 6/30/2018 | Prepay Wholesale Associates |
4.05 | Commerce Park North | Actual 2015 | 992,190 | 377,599 | 614,592 | 0 | 614,592 | | | N | Alford Services, Inc. | 52,715 | 54.2% | 5/31/2021 | EPMA Corporation Inc. |
4.06 | Crescent 10 Facility | Actual 2015 | 850,225 | 402,467 | 447,758 | 0 | 447,758 | | | N | ARC Document Solutions, LLC | 7,586 | 7.7% | 4/30/2020 | Blade Energy Partners, Ltd. |
4.07 | Technipark Ten Service Center | Actual 2015 | 971,145 | 361,173 | 609,972 | 0 | 609,972 | | | N | Schlumberger Technology Corp | 33,946 | 47.4% | 10/31/2019 | Hanson Aggregates LLC |
4.08 | Westchase Park | Actual 2015 | 444,061 | 217,215 | 226,846 | 0 | 226,846 | | | N | Gulf Coast Commercial Group | 7,052 | 14.7% | 3/31/2020 | Rubin’s Enterprises, Inc. |
5 | U.S. Industrial Portfolio III | Actual 2015 | 13,982,587 | 2,356,524 | 11,626,063 | 0 | 11,626,063 | | | N | Various | Various | Various | Various | |
5.01 | 2121 Gardner Street | Actual 2015 | 1,726,060 | 141,500 | 1,584,560 | 0 | 1,584,560 | | | N | Rowe Fine Furniture | 378,270 | 100.0% | 7/31/2028 | |
5.02 | 975 Cottonwood Avenue | Actual 2015 | 942,343 | 102,000 | 840,343 | 0 | 840,343 | | | N | Dorner Manufacturing Corp. | 175,042 | 100.0% | 10/31/2035 | |
5.03 | 4925 Bulls Bay Highway | Actual 2015 | 1,074,648 | 144,900 | 929,748 | 0 | 929,748 | | | N | Southeastern Aluminum Products | 198,408 | 100.0% | 2/28/2027 | |
5.04 | 1500 Southeast 37th Street | Actual 2015 | 831,109 | 161,998 | 669,111 | 0 | 669,111 | | | N | Ryko Solutions, Inc. | 248,257 | 100.0% | 8/31/2032 | |
5.05 | 10450 Medallion Drive | Actual 2015 | 930,062 | 205,000 | 725,062 | 0 | 725,062 | | | N | KDM Signs, Inc. | 151,506 | 100.0% | 7/31/2025 | |
5.06 | 1501 Industrial Boulevard | Actual 2015 | 764,253 | 144,000 | 620,253 | 0 | 620,253 | | | N | Accupac, Inc. | 112,253 | 100.0% | 3/31/2032 | |
5.07 | 1001 DDC Way | Actual 2015 | 747,837 | 110,000 | 637,837 | 0 | 637,837 | | | N | DDC Center Holding Corp. | 66,444 | 100.0% | 7/31/2025 | |
5.08 | 1152 Armorlite Drive | Actual 2015 | 541,680 | 72,016 | 469,664 | 0 | 469,664 | | | N | The San Diego Union - Tribune | 44,313 | 100.0% | 12/31/2027 | |
5.09 | 3800 West Broward Boulevard | Actual 2015 | 575,628 | 54,360 | 521,268 | 0 | 521,268 | | | N | The Chrysalis Center, Inc. | 32,688 | 100.0% | 12/31/2027 | |
5.10 | 2900 & 2950 Hill Avenue | Actual 2015 | 691,888 | 180,000 | 511,888 | 0 | 511,888 | | | N | Decorative Panels International | 237,698 | 100.0% | 11/30/2030 | |
5.11 | 1700 Highland Road | Actual 2015 | 558,940 | 88,200 | 470,740 | 0 | 470,740 | | | N | TAC Materials. Inc. | 115,169 | 100.0% | 8/31/2028 | |
5.12 | 1972 Salem Industrial Drive | Actual 2015 | 583,301 | 46,800 | 536,501 | 0 | 536,501 | | | N | Rowe Fine Furniture | 317,144 | 100.0% | 7/31/2028 | |
5.13 | 1800 University Parkway | Actual 2015 | 542,267 | 88,500 | 453,767 | 0 | 453,767 | | | N | Halifax Sarasota LLC | 105,752 | 100.0% | 1/31/2032 | |
5.14 | 621 Hunt Valley Circle | Actual 2015 | 531,432 | 64,200 | 467,232 | 0 | 467,232 | | | N | Bacharach, Inc. | 61,796 | 100.0% | 12/31/2024 | |
5.15 | 5000 Askins Lane | Actual 2015 | 395,670 | 79,500 | 316,170 | 0 | 316,170 | | | N | Sigma Corporation | 100,040 | 100.0% | 7/31/2031 | |
5.16 | 900 Chaddick Drive | Actual 2015 | 659,941 | 282,500 | 377,441 | 0 | 377,441 | | | N | PNC Acquisition Company, Inc. | 75,902 | 100.0% | 1/31/2019 | |
5.17 | 6600 Chapek Parkway | Actual 2015 | 396,479 | 84,000 | 312,479 | 0 | 312,479 | | | N | Northern Stamping Co. | 157,950 | 100.0% | 11/30/2031 | |
5.18 | 53208 Columbia Drive | Actual 2015 | 456,659 | 60,000 | 396,659 | 0 | 396,659 | | | N | LTI Flexible Products, Inc. | 117,938 | 100.0% | 10/31/2026 | |
5.19 | 7750 Hub Parkway | Actual 2015 | 462,029 | 149,550 | 312,479 | 0 | 312,479 | | | N | Northern Stamping Co. | 83,404 | 100.0% | 11/30/2031 | |
5.20 | 21699 Torrence Avenue & 2701 Kalvelage Drive | Actual 2015 | 263,193 | 48,300 | 214,893 | 0 | 214,893 | | | N | Sigma Corporation | 67,995 | 100.0% | 7/31/2031 | |
5.21 | 3221 Cherry Palm Drive | Actual 2015 | 307,168 | 49,200 | 257,968 | 0 | 257,968 | | | N | Amphenol Custom Cable, Inc. | 38,624 | 100.0% | 7/31/2028 | |
6 | National Office Portfolio | Actual 2015 | 33,879,766 | 17,492,296 | 16,387,470 | 0 | 16,387,470 | | | N | Various | Various | Various | Various | Various |
6.01 | 8330 LBJ Freeway | Actual 2015 | 7,074,544 | 2,353,218 | 4,721,326 | 0 | 4,721,326 | | | N | Trinity Universal Insurance Co | 84,114 | 22.1% | 6/30/2025 | AZ College |
6.02 | 101 East Park Boulevard | Actual 2015 | 4,124,460 | 1,702,455 | 2,422,005 | 0 | 2,422,005 | | | N | M. White & Associates, LLC | 24,896 | 11.0% | 9/30/2023 | General Services Administration |
6.03 | 13601 Preston Road | Actual 2015 | 2,832,123 | 1,654,324 | 1,177,799 | 0 | 1,177,799 | | | N | AT&T | 13,358 | 5.1% | 8/31/2021 | Mbroh Engineering, Inc. |
6.04 | 1750 East Golf Road | Actual 2015 | 5,288,786 | 2,931,325 | 2,357,461 | 0 | 2,357,461 | | | N | Career Education Corporation | 116,387 | 54.8% | 5/31/2020 | Assurance Agency, Ltd |
6.05 | 14800 Quorum Drive | Actual 2015 | 1,650,576 | 660,180 | 990,396 | 0 | 990,396 | | | N | Idea Grove LLC | 6,845 | 6.6% | 2/28/2019 | On-Site Manager, Inc |
6.06 | 1995 North Park Place | Actual 2015 | 1,562,157 | 791,587 | 770,569 | 0 | 770,569 | | | N | GSA - US Army | 16,778 | 16.8% | 2/3/2020 | G4S Secure Solutions |
6.07 | Northlake - 2295 Parklake Dr NE | Actual 2015 | 980,802 | 785,076 | 195,726 | 0 | 195,726 | | | N | Leidos, Inc | 16,372 | 13.5% | 2/28/2022 | Midwest Medical |
6.08 | 4751 Best Road | Actual 2015 | 1,130,105 | 626,278 | 503,827 | 0 | 503,827 | | | N | Southeastrans, Inc | 31,129 | 33.4% | 10/31/2018 | Greene Consulting Associates, LLC |
6.09 | The Centre - 4101 McEwen Road | Actual 2015 | 1,047,017 | 653,652 | 393,365 | 0 | 393,365 | | | N | SCIenergy, Inc | 10,071 | 8.1% | 1/31/2020 | Nemeth & Reese, L.P. |
6.10 | The Centre - 4099 McEwen Road | Actual 2015 | 1,295,737 | 749,163 | 546,574 | 0 | 546,574 | | | N | American Medical Response Ambulance | 15,479 | 12.5% | 5/31/2021 | Collecto, Inc |
6.11 | 11225 North 28th Drive | Actual 2015 | 960,197 | 889,449 | 70,748 | 0 | 70,748 | | | N | Southwest Annuities Marketing, LLC | 16,332 | 12.1% | 2/28/2021 | Sonovision USA, Inc |
6.12 | 10000 North 31st Ave | Actual 2015 | 1,095,545 | 749,773 | 345,772 | 0 | 345,772 | | | N | FCNH, Inc | 18,912 | 14.8% | 3/31/2019 | Duet Partners in Health & Aging |
6.13 | The Centre - 4001 McEwen Road | Actual 2015 | 586,379 | 479,700 | 106,678 | 0 | 106,678 | | | N | Nurtur Health, Inc. | 47,780 | 50.2% | 12/31/2020 | Downing Labs, LLC |
6.14 | 4425 W Airport Fwy | Actual 2015 | 429,578 | 346,785 | 82,793 | 0 | 82,793 | | | N | Air Serv Corporation | 5,422 | 6.4% | 1/31/2018 | State of Florida Department of Revenue |
6.15 | Northlake - 2302 Parklake Dr NE | Actual 2015 | 992,494 | 628,612 | 363,882 | 0 | 363,882 | | | N | Babcock & Wilcox Power Generation | 8,712 | 7.8% | 1/31/2018 | National Mentor Healthcare, LLC |
6.16 | Northlake - 2305&2309 Parklake Dr NE | Actual 2015 | 895,590 | 443,845 | 451,745 | 0 | 451,745 | | | N | Department of Veterans Affairs | 23,596 | 36.2% | 9/30/2027 | International Rescue Committee |
6.17 | 12100 Ford Road | Actual 2015 | 1,143,000 | 694,875 | 448,125 | 0 | 448,125 | | | N | State of Texas - Health & Human Services | 15,425 | 9.8% | 10/31/2023 | Apex TITAN, Inc. |
6.18 | The Centre - 4000N&S McEwen Road | Actual 2015 | 790,677 | 351,999 | 438,678 | 0 | 438,678 | | | N | Centene Corporation | 46,769 | 100.0% | 12/31/2020 | |
7 | HGI Savannah Historic District | Actual 2015 | 8,671,645 | 4,731,986 | 3,939,659 | 0 | 3,939,659 | 168 | 147 | N | | | | | |
8 | Belden Park Crossing | Actual 2015 | 7,536,834 | 2,309,757 | 5,227,077 | 0 | 5,227,077 | | | N | Kohl’s | 99,776 | 20.6% | 1/31/2021 | Dick’s Sporting Goods |
9 | One Century Place | Actual 2015 | 10,840,882 | 4,620,314 | 6,220,568 | 0 | 6,220,568 | | | N | Willis North America | 177,351 | 32.9% | 4/30/2026 | Asurion |
10 | 61 Grove Street | Actual 2015 | 1,645,113 | 318,573 | 1,326,540 | 0 | 1,326,540 | | | N | | | | | |
11 | 777 Township Line Road | Annualized 5 12/31/2015 | 2,502,205 | 1,081,664 | 1,420,541 | 0 | 1,420,541 | | | N | University of Pennsylvania Health System | 31,677 | 28.8% | 2/28/2027 | Ethos Health Communications |
12 | The View at Marlton | NAV | NAV | NAV | NAV | NAV | NAV | | | N | LA Fitness | 45,000 | 49.4% | 10/31/2032 | AAA |
13 | Corporate Center I & III | Actual 2015 | 2,435,812 | 448,822 | 1,986,990 | 0 | 1,986,990 | | | N | MVP Realty Management | 24,742 | 26.0% | 5/31/2022 | Nevada Spine Clinic |
14 | DoubleTree Berkeley Marina | Actual 2015 | 29,474,148 | 22,092,503 | 7,381,645 | 1,178,966 | 6,202,679 | 186 | 164 | N | | | | | |
15 | Redmont Hotel Curio | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | | | | | |
16 | 555 De Haro | Actual 2015 | 1,386,658 | 723,577 | 663,081 | 0 | 663,081 | | | Y | ACTCM | 11,093 | 22.2% | 3/15/2019 | Recess Urban Recreation |
17 | Macedonia Commons | Actual 2015 | 5,356,781 | 1,451,411 | 3,905,370 | 0 | 3,905,370 | | | N | Kohl’s | 80,684 | 25.8% | 1/30/2021 | Cinemark |
18 | Northwoods Center | Actual 2015 | 2,109,457 | 530,023 | 1,579,435 | 0 | 1,579,435 | | | N | Marshalls | 30,000 | 31.3% | 7/31/2018 | Petco |
19 | 100-102 Forsyth Street | Actual 2015 | 999,402 | 306,991 | 692,411 | 0 | 692,411 | | | N | Forsyth Restaurant Group | 4,200 | 22.6% | 7/1/2027 | |
20 | Hilton Houston Galleria TX | Actual 2015 | 7,353,367 | 6,162,419 | 1,190,948 | 0 | 1,190,948 | 108 | 56 | N | | | | | |
21 | Del Amo Fashion Center | Actual 2015 | 51,645,131 | 16,605,695 | 35,039,436 | 0 | 35,039,436 | | | Y | J.C. Penney | 163,346 | 9.2% | 12/31/2018 | Nordstrom |
22 | Hallandale Self Storage | Actual 2015 | 1,648,439 | 475,548 | 1,172,891 | 0 | 1,172,891 | | | N | | | | | |
23 | Springville Heights Condominium | Actual 2015 | 1,286,042 | 658,550 | 627,492 | 0 | 627,492 | | | N | | | | | |
24 | HGI Plymouth | TTM 8/31/2015 | 5,612,884 | 3,753,465 | 1,859,419 | 0 | 1,859,419 | 118 | 89 | N | | | | | |
25 | 1030-1040 Broad Street | Actual 2015 | 2,265,631 | 1,134,789 | 1,130,842 | 0 | 1,130,842 | | | N | Morgan Stanley Smith Barney | 29,987 | 27.6% | 12/31/2021 | Moser, LLC |
26 | Columbia Park Shopping Center | Actual 2015 | 7,459,800 | 2,941,317 | 4,518,482 | 0 | 4,518,482 | | | N | Empire 12 Cineplex | 70,000 | 20.2% | 4/30/2029 | Shop Rite |
27 | Dublin Corners | Actual 2015 | 1,618,198 | 498,456 | 1,119,742 | 0 | 1,119,742 | | | N | New India Bazaar | 3,611 | 11.2% | 12/31/2027 | Etemadi Enterprises Incorporated |
28 | Residence Inn Omaha Aksarben Village | Actual 2015 | 3,216,403 | 2,013,728 | 1,202,675 | 0 | 1,202,675 | 118 | 73 | N | | | | | |
29 | Simi Valley Industrial Park | Actual 2015 | 1,513,006 | 581,975 | 931,031 | 125,777 | 805,254 | | | N | Lucy Development dba Servpro of Moorpark, Fillmore and Santa Paula | 28,185 | 18.2% | 2/28/2018 | ALS Group USA, Corp |
30 | Plaza de Hacienda | Actual 2015 | 1,749,998 | 584,977 | 1,165,021 | 0 | 1,165,021 | | | N | Albertson’s | 51,331 | 37.0% | 6/30/2021 | CVS |
31 | Northern Ohio Industrial Park | Actual 2015 | 2,556,645 | 1,009,884 | 1,546,761 | 0 | 1,546,761 | | | N | The HC Companies, Inc. | 464,220 | 43.9% | 9/30/2020 | PolyOne Corporation |
32 | Cascade Building | Actual 2015 | 2,068,043 | 662,873 | 1,405,170 | 0 | 1,405,170 | | | N | Level 3 Communications, LLC | 18,473 | 19.5% | 6/30/2024 | Legal Aid Services of Oregon |
33 | Paseo Lindo | NAV | NAV | NAV | NAV | NAV | NAV | | | N | LA Fitness | 38,038 | 63.3% | 7/31/2029 | Petsmart |
34 | Marengo Plaza | NAV | NAV | NAV | NAV | NAV | NAV | | | N | Catamaran LLC DBA Briova | 6,069 | 27.1% | 4/30/2021 | Exodus Recovery Inc. |
35 | 444-446 86th Street | Actual 2015 | 430,500 | 247,928 | 182,572 | 0 | 182,572 | | | N | Century 21 Department Stores LLC | 7,000 | 63.6% | 9/24/2032 | Bath & Body Works |
36 | Alton Business Park | Actual 2015 | 1,197,770 | 280,867 | 916,903 | 17,826 | 899,077 | | | N | Bio Nutritional Research Group, Inc. | 12,774 | 16.2% | 5/31/2019 | Nanovea, Inc. |
37 | Willowick Business Park | Actual 2015 | 1,377,600 | 527,575 | 850,025 | 54,181 | 795,844 | | | N | Timothy Netherton, dba Synergy Conservation Solutions | 5,224 | 4.9% | 2/28/2019 | Kenny Dick Jutamas Newcomb dba Concord Uniforms |
38 | Omega Self Storage – Amityville Portfolio | Actual 2015 | 898,131 | 311,758 | 586,373 | 0 | 586,373 | | | N | | | | | |
38.01 | 185-Omega Self Storage | Actual 2015 | 730,110 | 275,162 | 454,948 | 0 | 454,948 | | | N | | | | | |
38.02 | 491-Omega Storage Inc. | Actual 2015 | 168,021 | 36,596 | 131,425 | 0 | 131,425 | | | N | | | | | |
39 | Walnut Grove Medical Center | Actual 2015 | 1,324,745 | 409,035 | 915,710 | 0 | 915,710 | | | N | Radnet Management, Inc. | 5,358 | 13.2% | 5/31/2018 | Saint Jude Hospital |
40 | Tustin Mayfair Plaza | Actual 2015 | 212,170 | 175,677 | 36,493 | 0 | 36,493 | | | N | Planet Fitness | 15,080 | 36.5% | 2/28/2021 | Dollar Tree |
41 | Water Tower Self Storage | Actual 2015 | 802,674 | 202,633 | 600,041 | 0 | 600,041 | | | N | | | | | |
42 | RSM Business Park | Actual 2015 | 948,006 | 249,284 | 698,722 | 18,424 | 680,298 | | | N | Stonecreek Christian Church | 12,359 | 16.7% | 4/30/2022 | Newmark Systems, Inc. |
43 | Avenue Hall Executive Center | Actual 2015 | 939,694 | 291,911 | 647,783 | 24,633 | 623,150 | | | N | Matthew Frederick | 14,210 | 16.3% | 7/31/2019 | ADT, LLC |
44 | Comfort Suites Hilton Head Bluffton | Actual 2015 | 1,604,868 | 1,108,705 | 496,162 | 0 | 496,162 | 91 | 55 | N | | | | | |
45 | Harbor Court Plaza | Actual 2015 | 693,597 | 239,641 | 453,956 | 0 | 453,956 | | | N | Jose A. Ramirez and Jona dba Billiards | 4,260 | 14.2% | 10/31/2019 | Hue Van Vo dba Thien An Restaurant |
46 | Boulevard Square II | Actual 2015 | 548,263 | 238,402 | 309,861 | 0 | 309,861 | | | N | B and L Entertainment | 4,382 | 8.3% | 11/30/2019 | Flatland Brewery |
47 | Shaw Blackstone Center-CA | Actual 2015 | 710,401 | 190,770 | 519,631 | 0 | 519,631 | | | N | Lamps Plus | 12,895 | 37.7% | 1/31/2020 | Skechers |
48 | Hampton Inn - Marshall | Actual 2015 | 1,846,137 | 1,341,546 | 504,591 | 73,845 | 430,746 | 106 | 66 | N | | | | | |
49 | Rite Aid Dunmore | NAV | NAV | NAV | NAV | NAV | NAV | | | N | Rite Aid | 11,180 | 100.0% | 2/21/2027 | |
50 | Kirkwood Center | Actual 2015 | 179,882 | 57,327 | 122,555 | 0 | 122,555 | | | N | Blaze | 2,598 | 37.0% | 8/30/2027 | Scrubs & Beyond |
51 | Preferred Self Storage | Actual 2015 | 278,354 | 113,007 | 165,347 | 0 | 165,347 | | | N | | | | | |
52 | Dollar General E. Peoria | NAV | NAV | NAV | NAV | NAV | NAV | | | N | Dollar General | 9,100 | 100.0% | 7/31/2032 | |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | 2nd Largest Tenant Sq. Ft. | 2nd Largest Tenant % of NRA | 2nd Largest Tenant Exp. Date | 3rd Largest Tenant Name(4)(5)(8)(12) | 3rd Largest Tenant Sq. Ft. | 3rd Largest Tenant % of NRA | 3rd Largest Tenant Exp. Date | 4th Largest Tenant Name(8)(12) | 4th Largest Tenant Sq. Ft. | 4th Largest Tenant % of NRA | 4th Largest Tenant Exp. Date | 5th Largest Tenant Name(2)(12) | 5th Largest Tenant Sq. Ft. | 5th Largest Tenant % of NRA | 5th Largest Tenant Exp. Date |
1 | Headquarters Plaza | 50,100 | 6.9% | 8/31/2021 | AMC Theatres | 40,000 | 5.5% | 4/30/2029 | Duff & Phelps, LLC | 33,000 | 4.5% | 5/31/2028 | Graham, Curtin & Sheridan, P.A. | 33,000 | 4.5% | 6/30/2022 |
2 | Marriott LAX | | | | | | | | | | | | | | | |
3 | Mall of Louisiana | 74,061 | 9.5% | 1/31/2019 | Main Event | 46,900 | 6.0% | 6/30/2028 | Nordstrom Rack | 30,002 | 3.9% | 9/30/2025 | Forever 21 | 26,885 | 3.5% | 1/31/2019 |
4 | Adler Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various |
4.01 | Carmel Executive Park | 13,219 | 5.9% | 2/28/2019 | Bank of North Carolina | 12,979 | 5.8% | 12/31/2017 | Metro Mortgage Investors, LLC | 8,114 | 3.6% | 6/30/2019 | Consolidated Fibers, Inc. | 6,518 | 2.9% | 5/31/2022 |
4.02 | Vista Point North | 16,610 | 11.5% | 6/30/2020 | Elite View Imaging, Inc. | 15,749 | 11.0% | 1/31/2023 | RGN-Lewisville 1, LLC | 15,490 | 10.8% | 4/23/2024 | Dematic Corporation | 14,169 | 9.9% | 11/30/2021 |
4.03 | Greenbriar Business Park | 11,021 | 8.1% | 12/31/2019 | Henry Schein, Inc. | 7,960 | 5.9% | 5/31/2023 | LTS Managed Technical Services LLC | 7,691 | 5.7% | 3/31/2021 | Elie J. Ghanem | 6,343 | 4.7% | 11/30/2021 |
4.04 | Plaza Southwest | 18,600 | 12.2% | 1/31/2021 | ZZLS, LLC | 8,609 | 5.7% | 11/14/2019 | Sashun USA, Inc. | 8,537 | 5.6% | 7/31/2019 | Shakur Jamal Enterprises, Inc. | 8,022 | 5.3% | 8/31/2022 |
4.05 | Commerce Park North | 15,140 | 15.6% | 9/30/2019 | Lassiter Industries, Inc. | 14,983 | 15.4% | 2/28/2018 | Orkin, Inc. | 4,416 | 4.5% | 4/30/2019 | IPC Systems, Inc. | 2,406 | 2.5% | 6/30/2021 |
4.06 | Crescent 10 Facility | 6,570 | 6.7% | 6/14/2021 | Digirad Imaging Solutions, Inc. | 5,482 | 5.6% | 1/31/2022 | Meyer Instruments, Inc. | 5,326 | 5.4% | 1/31/2018 | Material Management Resources, Inc. | 5,033 | 5.1% | 2/29/2020 |
4.07 | Technipark Ten Service Center | 14,863 | 20.7% | 3/31/2021 | New Era Life Insurance Company | 9,000 | 12.6% | 12/31/2019 | Ryder Truck Rental, Inc. | 5,851 | 8.2% | 1/31/2019 | Collaboration in Science | 2,665 | 3.7% | 10/31/2021 |
4.08 | Westchase Park | 3,415 | 7.1% | 4/30/2021 | Custom Corporates, Inc. | 2,917 | 6.1% | 10/31/2019 | Me Productions, Inc. | 2,412 | 5.0% | 4/30/2022 | Proto Logistics, Inc | 2,400 | 5.0% | 11/30/2019 |
5 | U.S. Industrial Portfolio III | | | | | | | | | | | | | | | |
5.01 | 2121 Gardner Street | | | | | | | | | | | | | | | |
5.02 | 975 Cottonwood Avenue | | | | | | | | | | | | | | | |
5.03 | 4925 Bulls Bay Highway | | | | | | | | | | | | | | | |
5.04 | 1500 Southeast 37th Street | | | | | | | | | | | | | | | |
5.05 | 10450 Medallion Drive | | | | | | | | | | | | | | | |
5.06 | 1501 Industrial Boulevard | | | | | | | | | | | | | | | |
5.07 | 1001 DDC Way | | | | | | | | | | | | | | | |
5.08 | 1152 Armorlite Drive | | | | | | | | | | | | | | | |
5.09 | 3800 West Broward Boulevard | | | | | | | | | | | | | | | |
5.10 | 2900 & 2950 Hill Avenue | | | | | | | | | | | | | | | |
5.11 | 1700 Highland Road | | | | | | | | | | | | | | | |
5.12 | 1972 Salem Industrial Drive | | | | | | | | | | | | | | | |
5.13 | 1800 University Parkway | | | | | | | | | | | | | | | |
5.14 | 621 Hunt Valley Circle | | | | | | | | | | | | | | | |
5.15 | 5000 Askins Lane | | | | | | | | | | | | | | | |
5.16 | 900 Chaddick Drive | | | | | | | | | | | | | | | |
5.17 | 6600 Chapek Parkway | | | | | | | | | | | | | | | |
5.18 | 53208 Columbia Drive | | | | | | | | | | | | | | | |
5.19 | 7750 Hub Parkway | | | | | | | | | | | | | | | |
5.20 | 21699 Torrence Avenue & 2701 Kalvelage Drive | | | | | | | | | | | | | | | |
5.21 | 3221 Cherry Palm Drive | | | | | | | | | | | | | | | |
6 | National Office Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various |
6.01 | 8330 LBJ Freeway | 24,065 | 6.3% | 8/31/2030 | Shapiro Brown Corp | 16,341 | 4.3% | 3/31/2020 | Total Quality Logistics, LLC | 8,100 | 2.1% | 3/31/2019 | Law Firm of Aaron A. Herbert, P.C. | 6,256 | 1.6% | 10/31/2023 |
6.02 | 101 East Park Boulevard | 18,753 | 8.3% | 8/17/2030 | Regus Group - North Dallas, LLC | 17,353 | 7.7% | 6/30/2023 | GuideIT, LLC | 16,025 | 7.1% | 9/30/2023 | TriDigital Marketing | 12,070 | 5.4% | 6/30/2024 |
6.03 | 13601 Preston Road | 5,635 | 2.2% | 6/30/2022 | Amtech Solutions | 5,505 | 2.1% | 11/30/2021 | Saenz-Rodriguez & Associates, P.C. | 5,293 | 2.0% | 7/31/2022 | Game Changing Benefits, LLC | 5,275 | 2.0% | 2/29/2024 |
6.04 | 1750 East Golf Road | 63,113 | 29.7% | 9/30/2023 | Kae Engineering Consultants, Inc | 5,493 | 2.6% | 1/31/2025 | Stearns Lending, Inc | 2,740 | 1.3% | 9/30/2018 | Hartford Financial Services Inc. | 2,693 | 1.3% | 7/31/2021 |
6.05 | 14800 Quorum Drive | 6,838 | 6.6% | 2/28/2018 | Morrow Hill (formerly Finley Morrow) | 5,979 | 5.8% | 9/30/2027 | National Tax Resource Group | 5,302 | 5.1% | 12/31/2019 | EPE Innovations LLC | 4,673 | 4.5% | 9/30/2018 |
6.06 | 1995 North Park Place | 7,486 | 7.5% | 10/31/2017 | GSA OSHA | 6,838 | 6.8% | 1/6/2023 | Merck & Hill Consultants, Inc | 4,178 | 4.2% | 3/31/2022 | The Arrendale Group | 3,742 | 3.7% | 4/30/2020 |
6.07 | Northlake - 2295 Parklake Dr NE | 8,654 | 7.1% | 11/30/2018 | Oakhurst Medical Centers, Inc | 7,736 | 6.4% | 6/30/2028 | Village Podiatry Group, LLC | 4,947 | 4.1% | 7/31/2023 | The Law Office of Tanya Mitchell | 3,288 | 2.7% | 9/30/2021 |
6.08 | 4751 Best Road | 5,145 | 5.5% | 3/31/2019 | ICP Systems LLC | 3,845 | 4.1% | 9/30/2021 | C.H. Powell Company | 2,777 | 3.0% | 8/31/2018 | Hodges, Harbin, Newberry & Tribble, Inc. | 2,733 | 2.9% | 12/31/2019 |
6.09 | The Centre - 4101 McEwen Road | 5,878 | 4.7% | 10/31/2021 | Zenith American Solutions, Inc | 4,096 | 3.3% | 5/31/2021 | Century Hospice, LLC | 4,060 | 3.3% | 4/30/2018 | Quillin Law Firm, PC | 3,344 | 2.7% | 4/30/2020 |
6.10 | The Centre - 4099 McEwen Road | 10,170 | 8.2% | 4/30/2021 | STX Healthcare Management Services, Inc | 9,247 | 7.5% | 12/31/2018 | Round-The-World Logistics (USA) Corp | 7,261 | 5.9% | 8/4/2018 | End Stage Renal Disease Network of Texas | 5,252 | 4.2% | 6/30/2024 |
6.11 | 11225 North 28th Drive | 8,532 | 6.3% | 11/30/2020 | Beyond Today Co., an Arizona Corporation | 4,130 | 3.0% | 4/30/2020 | Monica J. Stern. CPA, PLLC | 3,616 | 2.7% | 10/31/2019 | SGP Management Co, LLC dba | 3,513 | 2.6% | 2/29/2020 |
6.12 | 10000 North 31st Ave | 8,784 | 6.9% | 5/31/2025 | AFLAC Regional Office | 3,964 | 3.1% | 7/31/2020 | Foothills Sports Medicine Physical Therapy | 3,750 | 2.9% | 11/30/2019 | American Focus Care, Inc | 2,332 | 1.8% | 11/30/2018 |
6.13 | The Centre - 4001 McEwen Road | 12,752 | 13.4% | 12/31/2018 | EVVDC, PC | 3,533 | 3.7% | 3/31/2020 | Carlos Molina, MD, PA | 2,533 | 2.7% | 10/31/2025 | Thriving Solutions LLC | 366 | 0.4% | 11/30/2018 |
6.14 | 4425 W Airport Fwy | 5,417 | 6.4% | 3/31/2021 | The Persimmon Group | 3,007 | 3.5% | 5/31/2019 | Carter Healthcare of North Texas, LLC | 2,890 | 3.4% | 8/31/2018 | 7 Point Group | 2,706 | 3.2% | 1/31/2023 |
6.15 | Northlake - 2302 Parklake Dr NE | 7,739 | 7.0% | 10/31/2022 | Transitional Family Services, Inc | 7,407 | 6.7% | 5/31/2021 | Odyssey Healthcare Operating B, L | 6,426 | 5.8% | 5/31/2023 | Robins, Eskew, Smith & Jordan | 4,504 | 4.0% | 11/30/2018 |
6.16 | Northlake - 2305&2309 Parklake Dr NE | 15,651 | 24.0% | 3/31/2022 | Catholic Charities of Atlanta | 5,976 | 9.2% | 10/31/2022 | | | | | | | | |
6.17 | 12100 Ford Road | 11,360 | 7.2% | 11/30/2021 | Safeguard Acquistions, Inc | 8,367 | 5.3% | 9/30/2021 | Novaco Products | 4,627 | 2.9% | 6/30/2018 | Bestcare Laboratory Services, LLC | 4,314 | 2.7% | 1/31/2018 |
6.18 | The Centre - 4000N&S McEwen Road | | | | | | | | | | | | | | | |
7 | HGI Savannah Historic District | | | | | | | | | | | | | | | |
8 | Belden Park Crossing | 65,120 | 13.5% | 10/31/2020 | Value City Furniture | 50,000 | 10.3% | 1/31/2021 | Jo-Ann Fabrics | 46,042 | 9.5% | 1/31/2023 | DSW | 31,859 | 6.6% | 1/31/2022 |
9 | One Century Place | 105,219 | 19.5% | 12/31/2023 | Sodexo | 61,566 | 11.4% | 8/31/2021 | Tennessee Lottery | 55,962 | 10.4% | 4/30/2025 | Tennessee Valley Authority | 45,807 | 8.5% | 10/31/2023 |
10 | 61 Grove Street | | | | | | | | | | | | | | | |
11 | 777 Township Line Road | 28,016 | 25.5% | 2/28/2024 | Hill Wallack | 17,358 | 15.8% | 4/30/2023 | Stark & Stark | 10,775 | 9.8% | 4/30/2022 | Morgan Stanley | 6,645 | 6.0% | 9/30/2027 |
12 | The View at Marlton | 10,662 | 11.7% | 7/16/2027 | The Malvern School | 8,400 | 9.2% | 1/31/2032 | Luxury Nails | 4,289 | 4.7% | 10/4/2027 | BB&T Bank | 3,600 | 4.0% | 8/31/2025 |
13 | Corporate Center I & III | 13,815 | 14.5% | 5/4/2019 | Provident Group | 11,184 | 11.8% | 8/30/2021 | LV Laser & Lipo | 8,129 | 8.6% | 12/31/2019 | Las Vegas Surgical Associates | 7,406 | 7.8% | 2/28/2024 |
14 | DoubleTree Berkeley Marina | | | | | | | | | | | | | | | |
15 | Redmont Hotel Curio | | | | | | | | | | | | | | | |
16 | 555 De Haro | 7,482 | 15.0% | 6/30/2018 | Off Grid Labs, Inc. | 4,483 | 9.0% | 8/31/2020 | Element Science | 3,991 | 8.0% | 9/30/2018 | K2A, LLP | 3,790 | 7.6% | 9/30/2021 |
17 | Macedonia Commons | 57,658 | 18.5% | 2/28/2019 | Hobby Lobby | 54,127 | 17.3% | 12/31/2019 | PetSmart | 17,533 | 5.6% | 1/31/2018 | Ulta Beauty | 11,264 | 3.6% | 8/31/2024 |
18 | Northwoods Center | 15,257 | 15.9% | 11/30/2027 | Kirklands | 8,385 | 8.7% | 1/31/2022 | Tire Kingdom | 6,500 | 6.8% | 5/31/2018 | Salon Lofts | 4,000 | 4.2% | 9/30/2020 |
19 | 100-102 Forsyth Street | | | | | | | | | | | | | | | |
20 | Hilton Houston Galleria TX | | | | | | | | | | | | | | | |
21 | Del Amo Fashion Center | 138,000 | 7.8% | 2/28/2031 | Dick’s Sporting Goods | 83,210 | 4.7% | 4/30/2027 | AMC Theatres | 76,800 | 4.3% | 9/30/2021 | Burlington Coat Factory | 60,000 | 3.4% | 1/31/2025 |
22 | Hallandale Self Storage | | | | | | | | | | | | | | | |
23 | Springville Heights Condominium | | | | | | | | | | | | | | | |
24 | HGI Plymouth | | | | | | | | | | | | | | | |
25 | 1030-1040 Broad Street | 13,633 | 12.6% | 7/31/2020 | Int’l Planning Alliance LLC | 8,921 | 8.2% | 4/30/2020 | VITAS Healthcare Corp | 7,981 | 7.4% | 2/28/2020 | CURE Auto Insurance | 6,089 | 5.6% | 6/30/2021 |
26 | Columbia Park Shopping Center | 66,000 | 19.1% | 9/30/2024 | Big Lots | 32,569 | 9.4% | 1/31/2025 | Shoppers World | 26,260 | 7.6% | 11/30/2019 | Old Navy | 25,301 | 7.3% | 1/31/2020 |
27 | Dublin Corners | 2,721 | 8.5% | 6/15/2025 | Café Tazza | 2,119 | 6.6% | 5/31/2027 | Safari Kid | 2,106 | 6.5% | 8/31/2018 | Site for Sore Eyes | 2,087 | 6.5% | 3/31/2024 |
28 | Residence Inn Omaha Aksarben Village | | | | | | | | | | | | | | | |
29 | Simi Valley Industrial Park | 20,496 | 13.2% | 3/31/2019 | Tri-Counties | 19,139 | 12.4% | 2/22/2021 | InterMetro Communications Inc | 18,674 | 12.1% | MTM | Currie Tech Corp, dba Currie Technologies | 13,676 | 8.8% | 8/31/2018 |
30 | Plaza de Hacienda | 22,254 | 16.1% | 6/30/2018 | Dollar Tree | 10,860 | 7.8% | 9/30/2021 | Postal Connections | 5,498 | 4.0% | 7/31/2020 | The 19th Hole | 3,924 | 2.8% | 4/30/2020 |
31 | Northern Ohio Industrial Park | 378,200 | 35.8% | 12/31/2020 | Central Ohio Warehouse LLC | 130,349 | 12.3% | 7/31/2031 | United Pipe & Steel Corp. | 80,620 | 7.6% | 3/31/2020 | Parker Hannifin Nichols Airborne Div. | 3,138 | 0.3% | MTM |
32 | Cascade Building | 11,786 | 12.4% | 12/31/2024 | Sightlines, LLC | 4,330 | 4.6% | 9/30/2022 | Mark Kramer dba Kramer & Associates | 3,286 | 3.5% | 3/31/2018 | CB Engineers fka Majid Engineering | 2,878 | 3.0% | 10/31/2018 |
33 | Paseo Lindo | 14,236 | 23.7% | 8/31/2026 | Elements Theraputic Massage | 2,392 | 4.0% | 10/31/2021 | Amazing Lash | 1,902 | 3.2% | 1/31/2022 | Ashley Nails & Spa | 1,896 | 3.2% | 1/31/2024 |
34 | Marengo Plaza | 5,140 | 23.0% | 3/31/2022 | State of California | 3,745 | 16.8% | 9/30/2024 | 7-Eleven | 2,421 | 10.8% | 12/31/2026 | Walgreens | 2,114 | 9.5% | 9/7/2026 |
35 | 444-446 86th Street | 4,000 | 36.4% | 1/31/2027 | | | | | | | | | | | | |
36 | Alton Business Park | 8,243 | 10.5% | 9/30/2018 | RedRock Security & Cabling, Inc. | 7,680 | 9.7% | 4/14/2018 | Biolase, Inc. | 6,029 | 7.6% | 1/31/2019 | Min (Frank) Zeng | 5,320 | 6.7% | 2/28/2018 |
37 | Willowick Business Park | 4,614 | 4.3% | 6/30/2021 | Stephen Liu & Julie Nguyen dba Methodology | 4,309 | 4.0% | 3/31/2020 | JDK & Company | 4,214 | 3.9% | 6/30/2021 | Contra Costa Tile & Floors, Inc. | 3,864 | 3.6% | 6/30/2019 |
38 | Omega Self Storage – Amityville Portfolio | | | | | | | | | | | | | | | |
38.01 | 185-Omega Self Storage | | | | | | | | | | | | | | | |
38.02 | 491-Omega Storage Inc. | | | | | | | | | | | | | | | |
39 | Walnut Grove Medical Center | 4,741 | 11.7% | 12/31/2023 | George Ahad, M.D. | 4,215 | 10.4% | 7/31/2019 | Eyecare Specialists Medical Group | 3,382 | 8.3% | 3/31/2021 | Kids Care Pediatric Medical Group | 3,369 | 8.3% | 3/31/2023 |
40 | Tustin Mayfair Plaza | 10,080 | 24.4% | 1/31/2019 | El Molino de Oro | 4,200 | 10.2% | 12/31/2018 | 7-Eleven | 2,880 | 7.0% | 3/31/2018 | Conca D’Oro | 1,750 | 4.2% | 4/30/2018 |
41 | Water Tower Self Storage | | | | | | | | | | | | | | | |
42 | RSM Business Park | 11,704 | 15.8% | 6/30/2018 | Allstar Microelectronics, Inc. | 9,000 | 12.1% | 12/31/2017 | The Spoken Word Church Ministries, Inc. | 8,411 | 11.3% | 7/31/2018 | ATS Workholding, Inc. | 7,970 | 10.7% | 5/31/2019 |
43 | Avenue Hall Executive Center | 7,444 | 8.5% | MTM | Hunsaker & Associates L.A., Inc. | 6,736 | 7.7% | 5/31/2019 | Taft Electric Company | 6,460 | 7.4% | 6/30/2022 | Americraft Constructors, Inc. | 6,288 | 7.2% | 5/31/2020 |
44 | Comfort Suites Hilton Head Bluffton | | | | | | | | | | | | | | | |
45 | Harbor Court Plaza | 4,020 | 13.4% | 12/31/2019 | David J. Deninno dba Coin Laundry | 2,700 | 9.0% | 3/31/2020 | Milad & Hewaida Saad, H. (D & B Liquor) | 2,400 | 8.0% | 1/31/2023 | Un Rincon Centro Americano | 2,106 | 7.0% | 8/31/2020 |
46 | Boulevard Square II | 2,686 | 5.1% | 2/28/2021 | Inspire Health and Wellness Spa | 2,470 | 4.7% | 8/31/2022 | Freya, LLC | 2,370 | 4.5% | 5/31/2022 | Aquablue | 2,281 | 4.3% | 10/31/2019 |
47 | Shaw Blackstone Center-CA | 10,512 | 30.7% | 5/31/2027 | Sleep Train | 4,421 | 12.9% | 10/31/2023 | SacAuto Ins | 3,320 | 9.7% | 3/31/2020 | Jackson&Hewitt | 1,611 | 4.7% | 4/30/2020 |
48 | Hampton Inn - Marshall | | | | | | | | | | | | | | | |
49 | Rite Aid Dunmore | | | | | | | | | | | | | | | |
50 | Kirkwood Center | 2,222 | 31.6% | 1/31/2019 | Visionworks | 2,205 | 31.4% | 5/31/2025 | | | | | | | | |
51 | Preferred Self Storage | | | | | | | | | | | | | | | |
52 | Dollar General E. Peoria | | | | | | | | | | | | | | | |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Engineering Report Date | Environmental Report Date (Phase I) | Environmental Report Date (Phase II) | Seismic Report Date | Seismic PML % | Seismic Insurance Required (Y/N) | Terrorism Insurance (Y/N) | Loan Purpose | Engineering Escrow / Deferred Maintenance ($) | Tax Escrow (Initial) | Monthly Tax Escrow ($) | Tax Escrow - Cash or LoC | Tax Escrow - LoC Counterparty | Insurance Escrow (Initial) | Monthly Insurance Escrow ($) | Insurance Escrow - Cash or LoC | Insurance Escrow - LoC Counterparty |
1 | Headquarters Plaza | 8/28/2017 | 9/15/2017 | | | | N | Y | Recapitalization | 73,255 | 603,660 | 201,220 | Cash | | 0 | Springing | | |
2 | Marriott LAX | 2/13/2017 | 2/14/2017 | | 2/14/2017 | 18.0% | N | Y | Refinance | 0 | 0 | Springing | | | 0 | Springing | | |
3 | Mall of Louisiana | 7/24/2017 | 7/24/2017 | | | | N | Y | Recapitalization | 0 | 0 | Springing | | | 0 | Springing | | |
4 | Adler Portfolio | Various | Various | | | | N | Y | Acquisition | 814,288 | 337,662 | 147,716 | Cash | | 0 | Springing | | |
4.01 | Carmel Executive Park | 8/31/2017 | 9/1/2017 | | | | N | Y | | | | | | | | | | |
4.02 | Vista Point North | 8/31/2017 | 9/1/2017 | | | | N | Y | | | | | | | | | | |
4.03 | Greenbriar Business Park | 8/31/2017 | 9/1/2017 | | | | N | Y | | | | | | | | | | |
4.04 | Plaza Southwest | 9/15/2017 | 9/19/2017 | | | | N | Y | | | | | | | | | | |
4.05 | Commerce Park North | 9/18/2017 | 9/19/2017 | | | | N | Y | | | | | | | | | | |
4.06 | Crescent 10 Facility | 9/15/2017 | 9/18/2017 | | | | N | Y | | | | | | | | | | |
4.07 | Technipark Ten Service Center | 9/15/2017 | 9/15/2017 | | | | N | Y | | | | | | | | | | |
4.08 | Westchase Park | 9/15/2017 | 9/18/2017 | | | | N | Y | | | | | | | | | | |
5 | U.S. Industrial Portfolio III | 8/3/2017 | Various | | Various | Various | N | Various | Acquisition | 0 | 0 | Springing | | | 0 | Springing | | |
5.01 | 2121 Gardner Street | 8/3/2017 | 8/3/2017 | | | | N | Y | | | | | | | | | | |
5.02 | 975 Cottonwood Avenue | 8/3/2017 | 8/4/2017 | | | | N | N | | | | | | | | | | |
5.03 | 4925 Bulls Bay Highway | 8/3/2017 | 8/2/2017 | | | | N | Y | | | | | | | | | | |
5.04 | 1500 Southeast 37th Street | 8/3/2017 | 8/3/2017 | | | | N | Y | | | | | | | | | | |
5.05 | 10450 Medallion Drive | 8/3/2017 | 8/3/2017 | | | | N | Y | | | | | | | | | | |
5.06 | 1501 Industrial Boulevard | 8/3/2017 | 8/3/2017 | | | | N | Y | | | | | | | | | | |
5.07 | 1001 DDC Way | 8/3/2017 | 8/4/2017 | | | | N | Y | | | | | | | | | | |
5.08 | 1152 Armorlite Drive | 8/3/2017 | 8/3/2017 | | 8/2/2017 | 8.0% | N | Y | | | | | | | | | | |
5.09 | 3800 West Broward Boulevard | 8/3/2017 | 8/3/2017 | | | | N | Y | | | | | | | | | | |
5.10 | 2900 & 2950 Hill Avenue | 8/3/2017 | 8/2/2017 | | | | N | Y | | | | | | | | | | |
5.11 | 1700 Highland Road | 8/3/2017 | 8/3/2017 | | | | N | Y | | | | | | | | | | |
5.12 | 1972 Salem Industrial Drive | 8/3/2017 | 8/2/2017 | | | | N | Y | | | | | | | | | | |
5.13 | 1800 University Parkway | 8/3/2017 | 8/3/2017 | | | | N | Y | | | | | | | | | | |
5.14 | 621 Hunt Valley Circle | 8/3/2017 | 8/7/2017 | | | | N | Y | | | | | | | | | | |
5.15 | 5000 Askins Lane | 8/3/2017 | 8/23/2017 | | | | N | Y | | | | | | | | | | |
5.16 | 900 Chaddick Drive | 8/3/2017 | 8/3/2017 | | | | N | Y | | | | | | | | | | |
5.17 | 6600 Chapek Parkway | 8/3/2017 | 8/3/2017 | | | | N | Y | | | | | | | | | | |
5.18 | 53208 Columbia Drive | 8/3/2017 | 8/3/2017 | | | | N | Y | | | | | | | | | | |
5.19 | 7750 Hub Parkway | 8/3/2017 | 8/3/2017 | | | | N | Y | | | | | | | | | | |
5.20 | 21699 Torrence Avenue & 2701 Kalvelage Drive | 8/3/2017 | 8/3/2017 | | | | N | Y | | | | | | | | | | |
5.21 | 3221 Cherry Palm Drive | 8/3/2017 | 8/22/2017 | | | | N | Y | | | | | | | | | | |
6 | National Office Portfolio | Various | Various | | | | N | Y | Refinance | 196,044 | 2,076,255 | 337,483 | Cash | | 271,808 | 20,908 | Cash | |
6.01 | 8330 LBJ Freeway | 8/1/2017 | 7/31/2017 | | | | N | Y | | | | | | | | | | |
6.02 | 101 East Park Boulevard | 7/26/2017 | 7/26/2017 | | | | N | Y | | | | | | | | | | |
6.03 | 13601 Preston Road | 8/1/2017 | 7/26/2017 | | | | N | Y | | | | | | | | | | |
6.04 | 1750 East Golf Road | 8/2/2017 | 7/26/2017 | | | | N | Y | | | | | | | | | | |
6.05 | 14800 Quorum Drive | 8/2/2017 | 7/26/2017 | | | | N | Y | | | | | | | | | | |
6.06 | 1995 North Park Place | 7/26/2017 | 7/26/2017 | | | | N | Y | | | | | | | | | | |
6.07 | Northlake - 2295 Parklake Dr NE | 7/18/2017 | 7/28/2017 | | | | N | Y | | | | | | | | | | |
6.08 | 4751 Best Road | 7/26/2017 | 7/26/2017 | | | | N | Y | | | | | | | | | | |
6.09 | The Centre - 4101 McEwen Road | 7/17/2017 | 7/20/2017 | | | | N | Y | | | | | | | | | | |
6.10 | The Centre - 4099 McEwen Road | 7/17/2017 | 7/26/2017 | | | | N | Y | | | | | | | | | | |
6.11 | 11225 North 28th Drive | 7/20/2017 | 7/20/2017 | | | | N | Y | | | | | | | | | | |
6.12 | 10000 North 31st Ave | 7/19/2017 | 7/20/2017 | | | | N | Y | | | | | | | | | | |
6.13 | The Centre - 4001 McEwen Road | 7/18/2017 | 7/26/2017 | | | | N | Y | | | | | | | | | | |
6.14 | 4425 W Airport Fwy | 7/25/2017 | 7/26/2017 | | | | N | Y | | | | | | | | | | |
6.15 | Northlake - 2302 Parklake Dr NE | 7/26/2017 | 7/28/2017 | | | | N | Y | | | | | | | | | | |
6.16 | Northlake - 2305&2309 Parklake Dr NE | 7/28/2017 | 7/28/2017 | | | | N | Y | | | | | | | | | | |
6.17 | 12100 Ford Road | 7/28/2017 | 7/28/2017 | | | | N | Y | | | | | | | | | | |
6.18 | The Centre - 4000N&S McEwen Road | 7/26/2017 | 7/26/2017 | | | | N | Y | | | | | | | | | | |
7 | HGI Savannah Historic District | 9/21/2017 | 10/4/2017 | | | | N | Y | Refinance | 0 | 46,645 | 46,648 | Cash | | 0 | Springing | | |
8 | Belden Park Crossing | 9/12/2017 | 9/15/2017 | | | | N | Y | Acquisition | 2,500,000 | 553,362 | 110,672 | Cash | | 55,700 | 6,963 | Cash | |
9 | One Century Place | 9/29/2017 | 7/6/2017 | | | | N | Y | Acquisition | 0 | 0 | Springing | | | 0 | Springing | | |
10 | 61 Grove Street | 9/28/2017 | 10/2/2017 | | | | N | Y | Refinance | 0 | 137,528 | 22,921 | Cash | | 3,916 | 979 | Cash | |
11 | 777 Township Line Road | 9/11/2017 | 9/12/2017 | | | | N | Y | Refinance | 0 | 37,954 | 37,954 | Cash | | 0 | Springing | | |
12 | The View at Marlton | 8/1/2017 | 8/1/2017 | | | | N | Y | Refinance | 0 | 0 | Springing | | | 0 | Springing | | |
13 | Corporate Center I & III | 8/7/2017 | 8/7/2017 | | | | N | Y | Acquisition | 0 | 8,247 | 8,247 | Cash | | 7,680 | 2,560 | Cash | |
14 | DoubleTree Berkeley Marina | 4/19/2017 | 4/21/2017 | | 4/19/2017 | 17.0% | N | Y | Recapitalization | 54,125 | 441,167 | 83,083 | Cash | | 62,786 | 7,550 | Cash | |
15 | Redmont Hotel Curio | 9/12/2017 | 9/12/2017 | | | | N | Y | Refinance | 0 | 25,726 | 8,575 | Cash | | 81,176 | 6,765 | Cash | |
16 | 555 De Haro | 8/18/2017 | 7/3/2017 | | 7/28/2017 | 15.0% | N | Y | Refinance | 0 | 58,824 | 19,608 | Cash | | 15,907 | 1,326 | Cash | |
17 | Macedonia Commons | 7/19/2017 | 7/18/2017 | | | | N | Y | Acquisition | 131,250 | 33,868 | 16,934 | Cash | | 39,060 | 3,551 | Cash | |
18 | Northwoods Center | 7/18/2017 | 7/19/2017 | | | | N | Y | Refinance | 0 | 243,306 | 22,119 | Cash | | 8,438 | 4,219 | Cash | |
19 | 100-102 Forsyth Street | 7/5/2017; 7/6/2017 | 7/6/2017 | | | | N | Y | Refinance | 0 | 52,749 | 17,583 | Cash | | 21,615 | 1,965 | Cash | |
20 | Hilton Houston Galleria TX | 7/24/2017 | 7/7/2017 | | | | N | Y | Acquisition | 101,545 | 406,280 | 40,628 | Cash | | 0 | Springing | | |
21 | Del Amo Fashion Center | 4/20/2017 | 4/17/2017 | | 4/14/2017 | 12.0% | N | Y | Refinance | 0 | 0 | Springing | | | 0 | Springing | | |
22 | Hallandale Self Storage | 6/13/2017 | 6/12/2017 | | | | N | Y | Acquisition | 436,878 | 158,348 | 13,196 | Cash | | 15,437 | 5,146 | Cash | |
23 | Springville Heights Condominium | 8/30/2017 | 8/29/2017 | | | | N | Y | Refinance | 6,750 | 73,438 | 24,479 | Cash | | 5,836 | 1,945 | Cash | |
24 | HGI Plymouth | 9/12/2017 | 9/13/2017 | | | | N | Y | Refinance | 0 | 53,624 | 18,416 | Cash | | 0 | Springing | | |
25 | 1030-1040 Broad Street | 7/12/2017 | 7/17/2017 | | | | N | Y | Acquisition | 3,750 | 41,652 | 20,826 | Cash | | 7,260 | 1,815 | Cash | |
26 | Columbia Park Shopping Center | 4/3/2017 | 4/25/2017 | | | | N | Y | Refinance | 39,086 | 434,093 | 144,698 | Cash | | 62,164 | 8,881 | Cash | |
27 | Dublin Corners | 8/11/2017 | 8/11/2017 | | 8/11/2017 | 12.0% | N | Y | Refinance | 0 | 19,896 | 19,896 | Cash | | 3,689 | 737 | Cash | |
28 | Residence Inn Omaha Aksarben Village | 10/6/2017 | 10/5/2017 | | | | N | Y | Acquisition | 0 | 97,730 | 16,288 | Cash | | 9,016 | 3,005 | Cash | |
29 | Simi Valley Industrial Park | 8/15/2017 | 8/15/2017 | | 8/23/2017 | 31.0% | Y | Y | Refinance | 0 | 0 | Springing | | | 55,770 | Springing | Cash | |
30 | Plaza de Hacienda | 7/24/2017 | 7/18/2017 | | 7/21/2017 | 15.0% | N | Y | Refinance | 7,500 | 111,465 | 22,293 | Cash | | 0 | Springing | | |
31 | Northern Ohio Industrial Park | 7/7/2017 | 7/8/2017 | 8/7/2017 | | | N | Y | Refinance | 0 | 41,150 | 10,288 | Cash | | 0 | Springing | | |
32 | Cascade Building | 9/1/2017 | 9/1/2017 | | 9/1/2017 | 17.0% | N | Y | Refinance | 1,688 | 116,001 | 9,280 | Cash | | 16,149 | 1,615 | Cash | |
33 | Paseo Lindo | 8/22/2017 | 8/3/2017 | | | | N | Y | Acquisition | 0 | 11,255 | 11,255 | Cash | | 2,408 | 0 | Cash | |
34 | Marengo Plaza | 5/12/2017 | 5/12/2017 | | 7/26/2017 | 12.0% | N | Y | Refinance | 10,000 | 10,628 | 10,628 | Cash | | 9,728 | 1,081 | Cash | |
35 | 444-446 86th Street | 8/18/2017 | 8/18/2017 | 9/13/2017 | | | N | Y | Refinance | 0 | 0 | Springing | | | 0 | Springing | | |
36 | Alton Business Park | 8/2/2017 | 8/2/2017 | | 8/22/2017 | 16.0% | N | Y | Refinance | 0 | 0 | Springing | | | 26,139 | Springing | Cash | |
37 | Willowick Business Park | 8/14/2017 | 8/17/2017 | | 8/14/2017 | 29.0% | Y | Y | Refinance | 0 | 0 | Springing | | | 60,746 | Springing | Cash | |
38 | Omega Self Storage – Amityville Portfolio | 7/6/2017 | 7/6/2017 | | | | N | Y | Refinance | 0 | 47,756 | 11,939 | Cash | | 1,138 | 1,138 | Cash | |
38.01 | 185-Omega Self Storage | 7/6/2017 | 7/6/2017 | | | | N | Y | | | | | | | | | | |
38.02 | 491-Omega Storage Inc. | 7/6/2017 | 7/6/2017 | | | | N | Y | | | | | | | | | | |
39 | Walnut Grove Medical Center | 4/25/2017 | 5/3/2017 | | 4/25/2017 | 11.0% | N | Y | Refinance | 0 | 9,938 | 9,938 | Cash | | 0 | Springing | | |
40 | Tustin Mayfair Plaza | 9/1/2017 | 9/1/2017 | | 9/5/2017 | 22.0% | Y | Y | Refinance | 0 | 8,909 | 8,909 | Cash | | 21,102 | 3,517 | Cash | |
41 | Water Tower Self Storage | 8/28/2017 | 8/28/2017 | | | | N | Y | Acquisition | 0 | 13,808 | 6,904 | Cash | | 0 | Springing | | |
42 | RSM Business Park | 8/2/2017 | 8/8/2017 | | 8/22/2017 | 17.0% | N | Y | Refinance | 0 | 0 | Springing | | | 19,880 | Springing | Cash | |
43 | Avenue Hall Executive Center | 8/15/2017 | 8/15/2017 | | 8/22/2017 | 19.0% | N | Y | Refinance | 0 | 0 | Springing | | | 39,678 | Springing | Cash | |
44 | Comfort Suites Hilton Head Bluffton | 5/18/2017 | 5/19/2017 | | | | N | Y | Refinance | 0 | 35,686 | 5,098 | Cash | | 54,000 | 4,500 | Cash | |
45 | Harbor Court Plaza | 7/5/2017 | 7/7/2017 | | 7/7/2017 | 16.0% | N | Y | Acquisition | 100,073 | 47,789 | 6,827 | Cash | | 4,552 | 2,276 | Cash | |
46 | Boulevard Square II | 6/27/2017 | 6/27/2017 | | | | N | Y | Refinance | 0 | 0 | 10,430 | Cash | | 9,362 | 1,337 | Cash | |
47 | Shaw Blackstone Center-CA | 8/11/2017 | | | 8/11/2017 | Building 1 & 3: 4%; Building 2: 6% | N | Y | Refinance | 0 | 47,733 | 6,819 | Cash | | 7,249 | 1,209 | Cash | |
48 | Hampton Inn - Marshall | 8/22/2017 | 8/22/2017 | | | | N | Y | Acquisition | 0 | 4,227 | 4,227 | Cash | | 1,404 | 1,404 | Cash | |
49 | Rite Aid Dunmore | 5/23/2017 | 5/24/2017 | | | | N | Y | Refinance | 0 | 0 | 0 | | | 471 | 235 | Cash | |
50 | Kirkwood Center | 7/10/2017 | | | | | N | Y | Refinance | 0 | 35,937 | 3,267 | Cash | | 0 | Springing | | |
51 | Preferred Self Storage | 5/25/2017 | 5/22/2017 | | | | N | Y | Acquisition | 0 | 19,646 | 1,786 | Cash | | 4,160 | 832 | Cash | |
52 | Dollar General E. Peoria | 8/15/2017 | 8/17/2017 | | | | N | Y | Acquisition | 0 | 4,000 | 333 | Cash | | 0 | Springing | | |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Upfront Replacement Reserve ($) | Monthly Replacement Reserve ($)(14) | Replacement Reserve Cap ($) | Replacement Reserve Escrow - Cash or LoC | Replacement Reserve Escrow - LoC Counterparty | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($)(15) | TI/LC Reserve Cap ($)(15) | TI/LC Escrow - Cash or LoC | TI/LC Escrow - LoC Counterparty | Debt Service Escrow (Initial) ($) | Debt Service Escrow (Monthly) ($) | Debt Service Escrow - Cash or LoC | Debt Service Escrow - LoC Counterparty |
1 | Headquarters Plaza | 0 | 15,843 | 0 | Cash | | 0 | 125,000 | 6000000 | Cash | | 0 | 0 | | |
2 | Marriott LAX | 0 | Springing | 0 | | | 0 | 0 | 0 | | | 0 | 0 | | |
3 | Mall of Louisiana | 0 | Springing | 0 | | | 0 | Springing | 0 | | | 0 | 0 | | |
4 | Adler Portfolio | 0 | 22,016 | 0 | Cash | | 2,000,000 | 149,590; Springing | 3,800,000 | Cash | | 0 | 0 | | |
4.01 | Carmel Executive Park | | | | | | | | | | | | | | |
4.02 | Vista Point North | | | | | | | | | | | | | | |
4.03 | Greenbriar Business Park | | | | | | | | | | | | | | |
4.04 | Plaza Southwest | | | | | | | | | | | | | | |
4.05 | Commerce Park North | | | | | | | | | | | | | | |
4.06 | Crescent 10 Facility | | | | | | | | | | | | | | |
4.07 | Technipark Ten Service Center | | | | | | | | | | | | | | |
4.08 | Westchase Park | | | | | | | | | | | | | | |
5 | U.S. Industrial Portfolio III | 0 | 6,250 | 0 | Cash | | 120,000 | Springing | 0 | Cash | | 0 | 0 | | |
5.01 | 2121 Gardner Street | | | | | | | | | | | | | | |
5.02 | 975 Cottonwood Avenue | | | | | | | | | | | | | | |
5.03 | 4925 Bulls Bay Highway | | | | | | | | | | | | | | |
5.04 | 1500 Southeast 37th Street | | | | | | | | | | | | | | |
5.05 | 10450 Medallion Drive | | | | | | | | | | | | | | |
5.06 | 1501 Industrial Boulevard | | | | | | | | | | | | | | |
5.07 | 1001 DDC Way | | | | | | | | | | | | | | |
5.08 | 1152 Armorlite Drive | | | | | | | | | | | | | | |
5.09 | 3800 West Broward Boulevard | | | | | | | | | | | | | | |
5.10 | 2900 & 2950 Hill Avenue | | | | | | | | | | | | | | |
5.11 | 1700 Highland Road | | | | | | | | | | | | | | |
5.12 | 1972 Salem Industrial Drive | | | | | | | | | | | | | | |
5.13 | 1800 University Parkway | | | | | | | | | | | | | | |
5.14 | 621 Hunt Valley Circle | | | | | | | | | | | | | | |
5.15 | 5000 Askins Lane | | | | | | | | | | | | | | |
5.16 | 900 Chaddick Drive | | | | | | | | | | | | | | |
5.17 | 6600 Chapek Parkway | | | | | | | | | | | | | | |
5.18 | 53208 Columbia Drive | | | | | | | | | | | | | | |
5.19 | 7750 Hub Parkway | | | | | | | | | | | | | | |
5.20 | 21699 Torrence Avenue & 2701 Kalvelage Drive | | | | | | | | | | | | | | |
5.21 | 3221 Cherry Palm Drive | | | | | | | | | | | | | | |
6 | National Office Portfolio | 150,000 | 53,598; Springing | 1,157,715 | Cash | | 7,176,724 | 0 | 3,859,050 | Cash | | 0 | 0 | | |
6.01 | 8330 LBJ Freeway | | | | | | | | | | | | | | |
6.02 | 101 East Park Boulevard | | | | | | | | | | | | | | |
6.03 | 13601 Preston Road | | | | | | | | | | | | | | |
6.04 | 1750 East Golf Road | | | | | | | | | | | | | | |
6.05 | 14800 Quorum Drive | | | | | | | | | | | | | | |
6.06 | 1995 North Park Place | | | | | | | | | | | | | | |
6.07 | Northlake - 2295 Parklake Dr NE | | | | | | | | | | | | | | |
6.08 | 4751 Best Road | | | | | | | | | | | | | | |
6.09 | The Centre - 4101 McEwen Road | | | | | | | | | | | | | | |
6.10 | The Centre - 4099 McEwen Road | | | | | | | | | | | | | | |
6.11 | 11225 North 28th Drive | | | | | | | | | | | | | | |
6.12 | 10000 North 31st Ave | | | | | | | | | | | | | | |
6.13 | The Centre - 4001 McEwen Road | | | | | | | | | | | | | | |
6.14 | 4425 W Airport Fwy | | | | | | | | | | | | | | |
6.15 | Northlake - 2302 Parklake Dr NE | | | | | | | | | | | | | | |
6.16 | Northlake - 2305&2309 Parklake Dr NE | | | | | | | | | | | | | | |
6.17 | 12100 Ford Road | | | | | | | | | | | | | | |
6.18 | The Centre - 4000N&S McEwen Road | | | | | | | | | | | | | | |
7 | HGI Savannah Historic District | 0 | 0 | 0 | | | 0 | 0 | 0 | | | 0 | 0 | | |
8 | Belden Park Crossing | 479,837 | 6,010 | 0 | Cash | | 250,000 | 20,114; Springing | 1,500,000 | Cash | | 0 | 0 | | |
9 | One Century Place | 0 | Springing | 0 | | | 0 | Springing | 0 | | | 0 | 0 | | |
10 | 61 Grove Street | 15,000 | 300 | 15,000 | Cash | | 75,000 | 1,250 | 75,000 | Cash | | 0 | 0 | | |
11 | 777 Township Line Road | 0 | 1,833 | 110,000 | Cash | | 495,000 | 9,167 | 825,000 | Cash | | 0 | 0 | | |
12 | The View at Marlton | 0 | 1,518 | 0 | Cash | | 372,857 | 10,417 | 625,000 | Cash | | 0 | 0 | | |
13 | Corporate Center I & III | 0 | 1,583 | 0 | Cash | | 250,000 | 19,792 | 0 | Cash | | 0 | 0 | | |
14 | DoubleTree Berkeley Marina | 0 | 65,466 | 0 | | | 0 | 0 | 0 | | | 0 | 0 | | |
15 | Redmont Hotel Curio | 0 | 1/12 of 4% of Gross Revenues | 0 | Cash | | 0 | 0 | 0 | | | 0 | 0 | | |
16 | 555 De Haro | 0 | 874 | 0 | Cash | | 0 | 4,162 | 249,725 | Cash | | 0 | 0 | | |
17 | Macedonia Commons | 0 | 3,903 | 0 | Cash | | 500,000 | 64,264 | 600,000 | Cash | | 0 | 0 | | |
18 | Northwoods Center | 135,382 | 1,440 | 0 | Cash | | 150,000 | 5,000 | 450,000 | Cash | | 0 | 0 | | |
19 | 100-102 Forsyth Street | 0 | 808 | 0 | Cash | | 0 | 0 | 0 | | | 0 | 0 | | |
20 | Hilton Houston Galleria TX | 0 | 31,322 | 0 | Cash | | 0 | 0 | 0 | | | 0 | 0 | | |
21 | Del Amo Fashion Center | 0 | Springing | 0 | | | 0 | Springing | 0 | | | 0 | 0 | | |
22 | Hallandale Self Storage | 115,000 | 1,256 | 0 | Cash | | 0 | 0 | 0 | | | 0 | 0 | | |
23 | Springville Heights Condominium | 0 | 2,271 | 81,750 | Cash | | 0 | 0 | 0 | | | 0 | 0 | | |
24 | HGI Plymouth | 0 | 20,838 | 0 | Cash | | 0 | 0 | 0 | | | 0 | 0 | | |
25 | 1030-1040 Broad Street | 0 | 2,071 | 0 | Cash | | 200,000 | 9,005 | 500,000 | Cash | | 0 | 0 | | |
26 | Columbia Park Shopping Center | 0 | 5,762 | 350,000 | Cash | | 0 | 21,606 | 1,200,000 | Cash | | 0 | 0 | | |
27 | Dublin Corners | 0 | 1,086; Springing | 26,068 | Cash | | 200,000 | 4,019; Springing | 200,000 | Cash | | 0 | 0 | | |
28 | Residence Inn Omaha Aksarben Village | 0 | 13,087 | 0 | Cash | | 0 | 0 | 0 | | | 0 | 0 | | |
29 | Simi Valley Industrial Park | 0 | Springing | 0 | | | 0 | Springing | 0 | | | 0 | 0 | | |
30 | Plaza de Hacienda | 0 | Springing | 0 | | | 250,000 | 8,659 | 0 | Cash | | 0 | 0 | | |
31 | Northern Ohio Industrial Park | 950,000 | Springing | 200,000 | Cash | | 1,000,000 | Springing | 800,000 | Cash | | 0 | 0 | | |
32 | Cascade Building | 0 | 1,590 | 76,320 | Cash | | 0 | 0 | 0 | | | 0 | 0 | | |
33 | Paseo Lindo | 0 | 751 | 0 | Cash | | 0 | 5,005 | 240,236 | Cash | | 0 | 0 | | |
34 | Marengo Plaza | 0 | 373 | 22,356 | Cash | | 350,000 | 2,329 | 350,000 | Cash | | 0 | 0 | | |
35 | 444-446 86th Street | 0 | Springing | 0 | | | 0 | Springing | 0 | | | 0 | 0 | | |
36 | Alton Business Park | 0 | Springing | 0 | | | 0 | Springing | 0 | | | 0 | 0 | | |
37 | Willowick Business Park | 0 | Springing | 0 | | | 0 | Springing | 0 | | | 0 | 0 | | |
38 | Omega Self Storage – Amityville Portfolio | 0 | 718 | 0 | Cash | | 0 | 0 | 0 | | | 0 | 0 | | |
38.01 | 185-Omega Self Storage | | | | | | | | | | | | | | |
38.02 | 491-Omega Storage Inc. | | | | | | | | | | | | | | |
39 | Walnut Grove Medical Center | 0 | 677 | 0 | Cash | | 0 | 5,075 | 183,000 | Cash | | 0 | 0 | | |
40 | Tustin Mayfair Plaza | 24,804 | 689 | 24,804 | Cash | | 150,000 | 3,530 | 150,000 | Cash | | 0 | 0 | | |
41 | Water Tower Self Storage | 0 | 1,190 | 75,000 | Cash | | 0 | 0 | 0 | | | 0 | 0 | | |
42 | RSM Business Park | 0 | Springing | 0 | | | 0 | Springing | 0 | | | 0 | 0 | | |
43 | Avenue Hall Executive Center | 0 | Springing | 0 | | | 0 | Springing | 0 | | | 0 | 0 | | |
44 | Comfort Suites Hilton Head Bluffton | 0 | 7,906 | 0 | Cash | | 0 | 0 | 0 | | | 0 | 0 | | |
45 | Harbor Court Plaza | 0 | 501 | 0 | Cash | | 65,000 | 2,504 | 0 | Cash | | 0 | 0 | | |
46 | Boulevard Square II | 0 | 777 | 0 | Cash | | 0 | 1,182 | 0 | Cash | | 0 | 0 | | |
47 | Shaw Blackstone Center-CA | 0 | 571; Springing | 13,692 | Cash | | 0 | 2,853 | 102,696 | Cash | | 0 | 0 | | |
48 | Hampton Inn - Marshall | 0 | 7,241 | 0 | Cash | | 0 | 0 | 0 | | | 0 | 0 | | |
49 | Rite Aid Dunmore | 0 | 140 | 0 | Cash | | 0 | 2,329 | 0 | Cash | | 0 | 0 | | |
50 | Kirkwood Center | 0 | 117 | 0 | Cash | | 0 | 1,171; Springing | 55,000 | Cash | | 0 | 0 | | |
51 | Preferred Self Storage | 0 | 442 | 0 | Cash | | 0 | 0 | 0 | | | 0 | 0 | | |
52 | Dollar General E. Peoria | 0 | 0 | 0 | | | 0 | 0 | 0 | | | 0 | 0 | | |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Other Escrow I Reserve Description | Other Escrow I (Initial) ($)(4)(8) | Other Escrow I (Monthly) ($)(16) | Other Escrow I Cap ($) | Other Escrow I Escrow - Cash or LoC | Other Escrow I - LoC Counterparty |
1 | Headquarters Plaza | Plaza Development Reserve ($1,500,000); Unfunded Obligation Reserve ($1,722,209) | 3,222,209 | 0 | 0 | Cash | |
2 | Marriott LAX | PIP Reserve | 12,975,832 | 0 | 0 | Cash | |
3 | Mall of Louisiana | | 0 | 0 | 0 | | |
4 | Adler Portfolio | Ground Rent Reserve | 0 | 154,167 | 0 | Cash | |
4.01 | Carmel Executive Park | | | | | | |
4.02 | Vista Point North | | | | | | |
4.03 | Greenbriar Business Park | | | | | | |
4.04 | Plaza Southwest | | | | | | |
4.05 | Commerce Park North | | | | | | |
4.06 | Crescent 10 Facility | | | | | | |
4.07 | Technipark Ten Service Center | | | | | | |
4.08 | Westchase Park | | | | | | |
5 | U.S. Industrial Portfolio III | Rowe Security Deposit | 453,411 | 0 | 0 | Cash | |
5.01 | 2121 Gardner Street | | | | | | |
5.02 | 975 Cottonwood Avenue | | | | | | |
5.03 | 4925 Bulls Bay Highway | | | | | | |
5.04 | 1500 Southeast 37th Street | | | | | | |
5.05 | 10450 Medallion Drive | | | | | | |
5.06 | 1501 Industrial Boulevard | | | | | | |
5.07 | 1001 DDC Way | | | | | | |
5.08 | 1152 Armorlite Drive | | | | | | |
5.09 | 3800 West Broward Boulevard | | | | | | |
5.10 | 2900 & 2950 Hill Avenue | | | | | | |
5.11 | 1700 Highland Road | | | | | | |
5.12 | 1972 Salem Industrial Drive | | | | | | |
5.13 | 1800 University Parkway | | | | | | |
5.14 | 621 Hunt Valley Circle | | | | | | |
5.15 | 5000 Askins Lane | | | | | | |
5.16 | 900 Chaddick Drive | | | | | | |
5.17 | 6600 Chapek Parkway | | | | | | |
5.18 | 53208 Columbia Drive | | | | | | |
5.19 | 7750 Hub Parkway | | | | | | |
5.20 | 21699 Torrence Avenue & 2701 Kalvelage Drive | | | | | | |
5.21 | 3221 Cherry Palm Drive | | | | | | |
6 | National Office Portfolio | Outstanding TI/LC Reserve ($2,575,793); Free Rent Reserve ($1,656,704) | 4,232,497 | 0 | 0 | Cash | |
6.01 | 8330 LBJ Freeway | | | | | | |
6.02 | 101 East Park Boulevard | | | | | | |
6.03 | 13601 Preston Road | | | | | | |
6.04 | 1750 East Golf Road | | | | | | |
6.05 | 14800 Quorum Drive | | | | | | |
6.06 | 1995 North Park Place | | | | | | |
6.07 | Northlake - 2295 Parklake Dr NE | | | | | | |
6.08 | 4751 Best Road | | | | | | |
6.09 | The Centre - 4101 McEwen Road | | | | | | |
6.10 | The Centre - 4099 McEwen Road | | | | | | |
6.11 | 11225 North 28th Drive | | | | | | |
6.12 | 10000 North 31st Ave | | | | | | |
6.13 | The Centre - 4001 McEwen Road | | | | | | |
6.14 | 4425 W Airport Fwy | | | | | | |
6.15 | Northlake - 2302 Parklake Dr NE | | | | | | |
6.16 | Northlake - 2305&2309 Parklake Dr NE | | | | | | |
6.17 | 12100 Ford Road | | | | | | |
6.18 | The Centre - 4000N&S McEwen Road | | | | | | |
7 | HGI Savannah Historic District | PIP Reserve | 7,000,000 | 0 | 0 | Cash | |
8 | Belden Park Crossing | | 0 | 0 | 0 | | |
9 | One Century Place | Elevator Upgrades Repair Reserve | 2,455,896 | 0 | 0 | Cash | |
10 | 61 Grove Street | | 0 | 0 | 0 | | |
11 | 777 Township Line Road | Morgan Stanley Rollover Reserve Fund | 279,887 | 0 | 0 | Cash | |
12 | The View at Marlton | Rent Reserve | 139,244 | 0 | 0 | Cash | |
13 | Corporate Center I & III | | 0 | 0 | 0 | | |
14 | DoubleTree Berkeley Marina | Seasonal Working Capital Reserve ($310,000); Ground Rent Reserve ($173,305) | 483,305 | Springing | Seasonal Working Capital Reserve ($310,000); Ground Rent Reserve: the product of (A) the largest monthly payment of Ground Rent and any other amounts that were due and payable under the Ground Lease in any trailing 12 month period and (B) 1.10. | Cash | |
15 | Redmont Hotel Curio | Seasonality Reserve | 0 | Springing | 0 | | |
16 | 555 De Haro | | 0 | 0 | 0 | | |
17 | Macedonia Commons | | 0 | 0 | 0 | | |
18 | Northwoods Center | Unfunded Obligations Account | 146,386 | 0 | 0 | Cash | |
19 | 100-102 Forsyth Street | Designated Tenant Reserve I | 4,000,000 | 0 | 0 | Cash | |
20 | Hilton Houston Galleria TX | PIP Reserve | 655,500 | Springing | 0 | Cash | |
21 | Del Amo Fashion Center | Tenant Specific TILC Reserve | 7,242,346 | 0 | 0 | Guaranty | |
22 | Hallandale Self Storage | CubeSmart Reserve | 24,000 | 0 | 0 | Cash | |
23 | Springville Heights Condominium | Condominium Assessments Reserve | 85,263 | 0 | 0 | Cash | |
24 | HGI Plymouth | | 0 | 0 | 0 | | |
25 | 1030-1040 Broad Street | Morgan Stanley Reserve Subaccount | 325,000 | 0 | 0 | Cash | |
26 | Columbia Park Shopping Center | | 0 | 0 | 0 | | |
27 | Dublin Corners | | 0 | 0 | 0 | | |
28 | Residence Inn Omaha Aksarben Village | Seasonality Reserve | 66,000 | 0 | 0 | Cash | |
29 | Simi Valley Industrial Park | | 0 | 0 | 0 | | |
30 | Plaza de Hacienda | | 0 | 0 | 0 | | |
31 | Northern Ohio Industrial Park | | 0 | 0 | 0 | | |
32 | Cascade Building | | 0 | 0 | 0 | | |
33 | Paseo Lindo | | 0 | 0 | 0 | | |
34 | Marengo Plaza | | 0 | 0 | 0 | | |
35 | 444-446 86th Street | Bath & Body Works Rent Reserve | 0 | Springing | 0 | | |
36 | Alton Business Park | | 0 | 0 | 0 | | |
37 | Willowick Business Park | | 0 | 0 | 0 | | |
38 | Omega Self Storage – Amityville Portfolio | | 0 | 0 | 0 | | |
38.01 | 185-Omega Self Storage | | | | | | |
38.02 | 491-Omega Storage Inc. | | | | | | |
39 | Walnut Grove Medical Center | Free Rent Reserve | 26,338 | 0 | 0 | Cash | |
40 | Tustin Mayfair Plaza | Springing Planet Fitness Reserve | 0 | Springing | 0 | | |
41 | Water Tower Self Storage | | 0 | 0 | 0 | | |
42 | RSM Business Park | | 0 | 0 | 0 | | |
43 | Avenue Hall Executive Center | | 0 | 0 | 0 | | |
44 | Comfort Suites Hilton Head Bluffton | Seasonality Reserve | 78,200 | 0 | 0 | | |
45 | Harbor Court Plaza | Outstanding TI/LC Reserve | 14,000 | 0 | 0 | Cash | |
46 | Boulevard Square II | Free Rent Reserve | 5,763 | 0 | 0 | Cash | |
47 | Shaw Blackstone Center-CA | Existing TI/LC Reserve Funds | 35,000 | 0 | 0 | Cash | |
48 | Hampton Inn - Marshall | PIP Reserve Fund | 300,500 | 0 | 0 | Cash | |
49 | Rite Aid Dunmore | | 0 | 0 | 0 | | |
50 | Kirkwood Center | Springing Major Tenant Reserve | 0 | Springing | 0 | | |
51 | Preferred Self Storage | | 0 | 0 | 0 | | |
52 | Dollar General E. Peoria | | 0 | 0 | 0 | | |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Other Escrow II Reserve Description | Other Escrow II (Initial) ($) | Other Escrow II (Monthly) ($) | Other Escrow II Cap ($) | Other Escrow II Escrow - Cash or LoC | Other Escrow II - LoC Counterparty | Holdback(4)(5)(8) | Ownership Interest(17) |
1 | Headquarters Plaza | FF&E Reserve; PIP Reserve | 0 | Springing | 0 | | | | Fee |
2 | Marriott LAX | Seasonality Reserve | 0 | Monthly amount equal to the lesser of excess cash flow available after debt service or 20% of the seasonality cap of $475,000 no later than monthly payment date in October of each calendar year. | 475,000 | Cash | | | Fee |
3 | Mall of Louisiana | | 0 | 0 | 0 | | | | Fee |
4 | Adler Portfolio | Rent Concession / Tenant Specific TILC Reserve | Rent Concession - $60,371.16 / Tenant Specific TILC - $384,367.77 | 0 | 0 | Cash | | | Leasehold |
4.01 | Carmel Executive Park | | | | | | | | Leasehold |
4.02 | Vista Point North | | | | | | | | Leasehold |
4.03 | Greenbriar Business Park | | | | | | | | Leasehold |
4.04 | Plaza Southwest | | | | | | | | Leasehold |
4.05 | Commerce Park North | | | | | | | | Leasehold |
4.06 | Crescent 10 Facility | | | | | | | | Leasehold |
4.07 | Technipark Ten Service Center | | | | | | | | Leasehold |
4.08 | Westchase Park | | | | | | | | Leasehold |
5 | U.S. Industrial Portfolio III | | 0 | 0 | 0 | | | | Fee |
5.01 | 2121 Gardner Street | | | | | | | | Fee |
5.02 | 975 Cottonwood Avenue | | | | | | | | Fee |
5.03 | 4925 Bulls Bay Highway | | | | | | | | Fee |
5.04 | 1500 Southeast 37th Street | | | | | | | | Fee |
5.05 | 10450 Medallion Drive | | | | | | | | Fee |
5.06 | 1501 Industrial Boulevard | | | | | | | | Fee |
5.07 | 1001 DDC Way | | | | | | | | Fee |
5.08 | 1152 Armorlite Drive | | | | | | | | Fee |
5.09 | 3800 West Broward Boulevard | | | | | | | | Fee |
5.10 | 2900 & 2950 Hill Avenue | | | | | | | | Fee |
5.11 | 1700 Highland Road | | | | | | | | Fee |
5.12 | 1972 Salem Industrial Drive | | | | | | | | Fee |
5.13 | 1800 University Parkway | | | | | | | | Fee |
5.14 | 621 Hunt Valley Circle | | | | | | | | Fee |
5.15 | 5000 Askins Lane | | | | | | | | Fee |
5.16 | 900 Chaddick Drive | | | | | | | | Fee |
5.17 | 6600 Chapek Parkway | | | | | | | | Fee |
5.18 | 53208 Columbia Drive | | | | | | | | Fee |
5.19 | 7750 Hub Parkway | | | | | | | | Fee |
5.20 | 21699 Torrence Avenue & 2701 Kalvelage Drive | | | | | | | | Fee |
5.21 | 3221 Cherry Palm Drive | | | | | | | | Fee |
6 | National Office Portfolio | | 0 | 0 | 0 | | | | Fee |
6.01 | 8330 LBJ Freeway | | | | | | | | Fee |
6.02 | 101 East Park Boulevard | | | | | | | | Fee |
6.03 | 13601 Preston Road | | | | | | | | Fee |
6.04 | 1750 East Golf Road | | | | | | | | Fee |
6.05 | 14800 Quorum Drive | | | | | | | | Fee |
6.06 | 1995 North Park Place | | | | | | | | Fee |
6.07 | Northlake - 2295 Parklake Dr NE | | | | | | | | Fee |
6.08 | 4751 Best Road | | | | | | | | Fee |
6.09 | The Centre - 4101 McEwen Road | | | | | | | | Fee |
6.10 | The Centre - 4099 McEwen Road | | | | | | | | Fee |
6.11 | 11225 North 28th Drive | | | | | | | | Fee |
6.12 | 10000 North 31st Ave | | | | | | | | Fee |
6.13 | The Centre - 4001 McEwen Road | | | | | | | | Fee |
6.14 | 4425 W Airport Fwy | | | | | | | | Fee |
6.15 | Northlake - 2302 Parklake Dr NE | | | | | | | | Fee |
6.16 | Northlake - 2305&2309 Parklake Dr NE | | | | | | | | Fee |
6.17 | 12100 Ford Road | | | | | | | | Fee |
6.18 | The Centre - 4000N&S McEwen Road | | | | | | | | Fee |
7 | HGI Savannah Historic District | | 0 | 0 | 0 | | | | Fee |
8 | Belden Park Crossing | | 0 | 0 | 0 | | | | Fee |
9 | One Century Place | Wills Rollover Reserve; Willis Tenant TI Allowance Reserve | 0 | Springing | 0 | | | | Fee |
10 | 61 Grove Street | | 0 | 0 | 0 | | | | Fee |
11 | 777 Township Line Road | Good Shepherd Rollover Reserve Fund | 93,600 | 0 | 0 | Cash | | | Fee |
12 | The View at Marlton | Malvern School Unpaid Obligations | 967,288 | 0 | 0 | Cash | | 3,300,000 | Fee |
13 | Corporate Center I & III | | 0 | 0 | 0 | | | | Fee |
14 | DoubleTree Berkeley Marina | Elective Capital Expenditures | 1,062,268 | 0 | 0 | Cash | | | Leasehold |
15 | Redmont Hotel Curio | PIP Reserve | 0 | Springing | 0 | | | | Fee |
16 | 555 De Haro | | 0 | 0 | 0 | | | | Fee |
17 | Macedonia Commons | | 0 | 0 | 0 | | | | Fee |
18 | Northwoods Center | | 0 | 0 | 0 | | | | Fee |
19 | 100-102 Forsyth Street | | 0 | 0 | 0 | | | | Fee |
20 | Hilton Houston Galleria TX | | 0 | 0 | 0 | | | | Fee |
21 | Del Amo Fashion Center | Gap Rent Reserve | 828,894 | 0 | 0 | Guaranty | | | Fee |
22 | Hallandale Self Storage | | 0 | 0 | 0 | | | | Fee |
23 | Springville Heights Condominium | | 0 | 0 | 0 | | | | Fee |
24 | HGI Plymouth | | 0 | 0 | 0 | | | | Leasehold |
25 | 1030-1040 Broad Street | | 0 | 0 | 0 | | | | Fee |
26 | Columbia Park Shopping Center | | 0 | 0 | 0 | | | | Fee |
27 | Dublin Corners | | 0 | 0 | 0 | | | | Fee |
28 | Residence Inn Omaha Aksarben Village | | 0 | 0 | 0 | | | | Fee |
29 | Simi Valley Industrial Park | | 0 | 0 | 0 | | | | Fee |
30 | Plaza de Hacienda | | 0 | 0 | 0 | | | | Fee |
31 | Northern Ohio Industrial Park | | 0 | 0 | 0 | | | | Fee |
32 | Cascade Building | | 0 | 0 | 0 | | | | Fee |
33 | Paseo Lindo | | 0 | 0 | 0 | | | | Fee |
34 | Marengo Plaza | | 0 | 0 | 0 | | | | Fee |
35 | 444-446 86th Street | | 0 | 0 | 0 | | | | Fee |
36 | Alton Business Park | | 0 | 0 | 0 | | | | Fee |
37 | Willowick Business Park | | 0 | 0 | 0 | | | | Fee |
38 | Omega Self Storage – Amityville Portfolio | | 0 | 0 | 0 | | | | Fee |
38.01 | 185-Omega Self Storage | | | | | | | | Fee |
38.02 | 491-Omega Storage Inc. | | | | | | | | Fee |
39 | Walnut Grove Medical Center | | 0 | 0 | 0 | | | | Leasehold |
40 | Tustin Mayfair Plaza | | 0 | 0 | 0 | | | 700,000 | Fee |
41 | Water Tower Self Storage | | 0 | 0 | 0 | | | | Fee |
42 | RSM Business Park | | 0 | 0 | 0 | | | | Fee |
43 | Avenue Hall Executive Center | | 0 | 0 | 0 | | | | Fee |
44 | Comfort Suites Hilton Head Bluffton | | 0 | 0 | 0 | | | | Fee |
45 | Harbor Court Plaza | | 0 | 0 | 0 | | | | Fee |
46 | Boulevard Square II | | 0 | 0 | 0 | | | | Fee |
47 | Shaw Blackstone Center-CA | Springing Lamps Plus/Sketchers Reserve | 0 | Springing | 0 | | | | Fee |
48 | Hampton Inn - Marshall | | 0 | 0 | 0 | | | | Fee |
49 | Rite Aid Dunmore | | 0 | 0 | 0 | | | | Fee |
50 | Kirkwood Center | Scrubs & Beyond Reserve | 85,000 | 0 | 0 | Cash | | 420,000 | Fee |
51 | Preferred Self Storage | | 0 | 0 | 0 | | | | Fee |
52 | Dollar General E. Peoria | | 0 | 0 | 0 | | | | Fee |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Ground Lease Initial Expiration Date(8)(17) | Annual Ground Rent Payment(8)(16)(17) | Annual Ground Rent Increases | Lockbox(18) | Whole Loan Cut-off Date Balance ($) | Whole Loan Debt Service ($) | Subordinate Secured Debt Original Balance ($) | Subordinate Secured Debt Cut-off Date Balance ($) | Whole Loan U/W NOI DSCR (x) | Whole Loan U/W NCF DSCR (x) | Whole Loan Cut-off Date LTV Ratio |
1 | Headquarters Plaza | | | | Hard/Springing Cash Management | | | | | | | |
2 | Marriott LAX | | | | Hard/Upfront Cash Management | | | | | | | |
3 | Mall of Louisiana | | | | Hard/Springing Cash Management | | | | | | | |
4 | Adler Portfolio | 11/6/2116 | $1,850,000 | Scheduled increase per the ground lease | Hard/Upfront Cash Management | | | | | | | |
4.01 | Carmel Executive Park | 11/6/2116 | $648,964 | Scheduled increase per the ground lease | | | | | | | | |
4.02 | Vista Point North | 11/6/2116 | $376,445 | Scheduled increase per the ground lease | | | | | | | | |
4.03 | Greenbriar Business Park | 11/6/2116 | $310,621 | Scheduled increase per the ground lease | | | | | | | | |
4.04 | Plaza Southwest | 11/6/2116 | $1 | Scheduled increase per the ground lease | | | | | | | | |
4.05 | Commerce Park North | 11/6/2116 | $149,593 | Scheduled increase per the ground lease | | | | | | | | |
4.06 | Crescent 10 Facility | 11/6/2116 | $161,339 | Scheduled increase per the ground lease | | | | | | | | |
4.07 | Technipark Ten Service Center | 11/6/2116 | $132,538 | Scheduled increase per the ground lease | | | | | | | | |
4.08 | Westchase Park | 11/6/2116 | $70,499 | Scheduled increase per the ground lease | | | | | | | | |
5 | U.S. Industrial Portfolio III | | | | Hard/Springing Cash Management | | | | | | | |
5.01 | 2121 Gardner Street | | | | | | | | | | | |
5.02 | 975 Cottonwood Avenue | | | | | | | | | | | |
5.03 | 4925 Bulls Bay Highway | | | | | | | | | | | |
5.04 | 1500 Southeast 37th Street | | | | | | | | | | | |
5.05 | 10450 Medallion Drive | | | | | | | | | | | |
5.06 | 1501 Industrial Boulevard | | | | | | | | | | | |
5.07 | 1001 DDC Way | | | | | | | | | | | |
5.08 | 1152 Armorlite Drive | | | | | | | | | | | |
5.09 | 3800 West Broward Boulevard | | | | | | | | | | | |
5.10 | 2900 & 2950 Hill Avenue | | | | | | | | | | | |
5.11 | 1700 Highland Road | | | | | | | | | | | |
5.12 | 1972 Salem Industrial Drive | | | | | | | | | | | |
5.13 | 1800 University Parkway | | | | | | | | | | | |
5.14 | 621 Hunt Valley Circle | | | | | | | | | | | |
5.15 | 5000 Askins Lane | | | | | | | | | | | |
5.16 | 900 Chaddick Drive | | | | | | | | | | | |
5.17 | 6600 Chapek Parkway | | | | | | | | | | | |
5.18 | 53208 Columbia Drive | | | | | | | | | | | |
5.19 | 7750 Hub Parkway | | | | | | | | | | | |
5.20 | 21699 Torrence Avenue & 2701 Kalvelage Drive | | | | | | | | | | | |
5.21 | 3221 Cherry Palm Drive | | | | | | | | | | | |
6 | National Office Portfolio | | | | Hard/Springing Cash Management | | | | | | | |
6.01 | 8330 LBJ Freeway | | | | | | | | | | | |
6.02 | 101 East Park Boulevard | | | | | | | | | | | |
6.03 | 13601 Preston Road | | | | | | | | | | | |
6.04 | 1750 East Golf Road | | | | | | | | | | | |
6.05 | 14800 Quorum Drive | | | | | | | | | | | |
6.06 | 1995 North Park Place | | | | | | | | | | | |
6.07 | Northlake - 2295 Parklake Dr NE | | | | | | | | | | | |
6.08 | 4751 Best Road | | | | | | | | | | | |
6.09 | The Centre - 4101 McEwen Road | | | | | | | | | | | |
6.10 | The Centre - 4099 McEwen Road | | | | | | | | | | | |
6.11 | 11225 North 28th Drive | | | | | | | | | | | |
6.12 | 10000 North 31st Ave | | | | | | | | | | | |
6.13 | The Centre - 4001 McEwen Road | | | | | | | | | | | |
6.14 | 4425 W Airport Fwy | | | | | | | | | | | |
6.15 | Northlake - 2302 Parklake Dr NE | | | | | | | | | | | |
6.16 | Northlake - 2305&2309 Parklake Dr NE | | | | | | | | | | | |
6.17 | 12100 Ford Road | | | | | | | | | | | |
6.18 | The Centre - 4000N&S McEwen Road | | | | | | | | | | | |
7 | HGI Savannah Historic District | | | | Springing | | | | | | | |
8 | Belden Park Crossing | | | | Hard/Springing Cash Management | | | | | | | |
9 | One Century Place | | | | Hard/Springing Cash Management | | | | | | | |
10 | 61 Grove Street | | | | Springing | | | | | | | |
11 | 777 Township Line Road | | | | Hard/Springing Cash Management | | | | | | | |
12 | The View at Marlton | | | | Hard/Springing Cash Management | | | | | | | |
13 | Corporate Center I & III | | | | Hard/Upfront Cash Management | | | | | | | |
14 | DoubleTree Berkeley Marina | 12/31/2058 | $734,916 | CPI | Hard/Springing Cash Management | | | | | | | |
15 | Redmont Hotel Curio | | | | Hard/Upfront Cash Management | | | | | | | |
16 | 555 De Haro | | | | Hard/Springing Cash Management | | | | | | | |
17 | Macedonia Commons | | | | Hard/Springing Cash Management | | | | | | | |
18 | Northwoods Center | | | | Springing | | | | | | | |
19 | 100-102 Forsyth Street | | | | Springing | | | | | | | |
20 | Hilton Houston Galleria TX | | | | Springing | | | | | | | |
21 | Del Amo Fashion Center | | | | Hard/Springing Cash Management | 585,000,000 | 1,807,796 | 125,700,000 | 125,700,000 | 2.74 | 2.63 | 50.6% |
22 | Hallandale Self Storage | | | | Springing | | | | | | | |
23 | Springville Heights Condominium | | | | Hard/Springing Cash Management | | | | | | | |
24 | HGI Plymouth | 10/31/2065 | $230,000 | Increases as scheduled in the ground lease in 11/2022, 11/2027, 11/2037, 11/2047, 11/2057 and 11/2062 | Springing | | | | | | | |
25 | 1030-1040 Broad Street | | | | Soft/Springing Cash Management | | | | | | | |
26 | Columbia Park Shopping Center | | | | Hard/Upfront Cash Management | | | | | | | |
27 | Dublin Corners | | | | Springing | | | | | | | |
28 | Residence Inn Omaha Aksarben Village | | | | Springing | | | | | | | |
29 | Simi Valley Industrial Park | | | | Springing | | | | | | | |
30 | Plaza de Hacienda | | | | Hard/Springing Cash Management | | | | | | | |
31 | Northern Ohio Industrial Park | | | | Hard/Springing Cash Management | | | | | | | |
32 | Cascade Building | | | | Springing | | | | | | | |
33 | Paseo Lindo | | | | Hard/Springing Cash Management | | | | | | | |
34 | Marengo Plaza | | | | Springing | | | | | | | |
35 | 444-446 86th Street | | | | None | | | | | | | |
36 | Alton Business Park | | | | Springing | | | | | | | |
37 | Willowick Business Park | | | | Springing | | | | | | | |
38 | Omega Self Storage – Amityville Portfolio | | | | None | | | | | | | |
38.01 | 185-Omega Self Storage | | | | | | | | | | | |
38.02 | 491-Omega Storage Inc. | | | | | | | | | | | |
39 | Walnut Grove Medical Center | 2/4/2057 | $1 | | Springing | | | | | | | |
40 | Tustin Mayfair Plaza | | | | None | | | | | | | |
41 | Water Tower Self Storage | | | | None | | | | | | | |
42 | RSM Business Park | | | | Springing | | | | | | | |
43 | Avenue Hall Executive Center | | | | Springing | | | | | | | |
44 | Comfort Suites Hilton Head Bluffton | | | | Springing | | | | | | | |
45 | Harbor Court Plaza | | | | Springing | | | | | | | |
46 | Boulevard Square II | | | | Hard/Springing Cash Management | | | | | | | |
47 | Shaw Blackstone Center-CA | | | | Springing | | | | | | | |
48 | Hampton Inn - Marshall | | | | Springing | | | | | | | |
49 | Rite Aid Dunmore | | | | Hard/Springing Cash Management | | | | | | | |
50 | Kirkwood Center | | | | None | | | | | | | |
51 | Preferred Self Storage | | | | None | | | | | | | |
52 | Dollar General E. Peoria | | | | Hard/Upfront Cash Management | | | | | | | |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Whole Loan Cut-off Date U/W NOI Debt Yield | Whole Loan Cut-off Date U/W NCF Debt Yield | Mezzanine Debt Cut-off Date Balance($) | Sponsor(13)(19) | Affiliated Sponsors | Mortgage Loan Number |
1 | Headquarters Plaza | | | | Seth Schochet; Brian Fisher | | 1 |
2 | Marriott LAX | | | | XLD Group N.A. Real Estate Development, Inc. | | 2 |
3 | Mall of Louisiana | | | | GGP Real Estate Holding I, Inc. | | 3 |
4 | Adler Portfolio | | | | Adler Kawa Real Estate Advisors, LLC; Matthew L. Adler; Adler Kawa Real Estate Services, LLC | | 4 |
4.01 | Carmel Executive Park | | | | | | 4.01 |
4.02 | Vista Point North | | | | | | 4.02 |
4.03 | Greenbriar Business Park | | | | | | 4.03 |
4.04 | Plaza Southwest | | | | | | 4.04 |
4.05 | Commerce Park North | | | | | | 4.05 |
4.06 | Crescent 10 Facility | | | | | | 4.06 |
4.07 | Technipark Ten Service Center | | | | | | 4.07 |
4.08 | Westchase Park | | | | | | 4.08 |
5 | U.S. Industrial Portfolio III | | | | Brennan Investment Group Acquisitions LLC | | 5 |
5.01 | 2121 Gardner Street | | | | | | 5.01 |
5.02 | 975 Cottonwood Avenue | | | | | | 5.02 |
5.03 | 4925 Bulls Bay Highway | | | | | | 5.03 |
5.04 | 1500 Southeast 37th Street | | | | | | 5.04 |
5.05 | 10450 Medallion Drive | | | | | | 5.05 |
5.06 | 1501 Industrial Boulevard | | | | | | 5.06 |
5.07 | 1001 DDC Way | | | | | | 5.07 |
5.08 | 1152 Armorlite Drive | | | | | | 5.08 |
5.09 | 3800 West Broward Boulevard | | | | | | 5.09 |
5.10 | 2900 & 2950 Hill Avenue | | | | | | 5.10 |
5.11 | 1700 Highland Road | | | | | | 5.11 |
5.12 | 1972 Salem Industrial Drive | | | | | | 5.12 |
5.13 | 1800 University Parkway | | | | | | 5.13 |
5.14 | 621 Hunt Valley Circle | | | | | | 5.14 |
5.15 | 5000 Askins Lane | | | | | | 5.15 |
5.16 | 900 Chaddick Drive | | | | | | 5.16 |
5.17 | 6600 Chapek Parkway | | | | | | 5.17 |
5.18 | 53208 Columbia Drive | | | | | | 5.18 |
5.19 | 7750 Hub Parkway | | | | | | 5.19 |
5.20 | 21699 Torrence Avenue & 2701 Kalvelage Drive | | | | | | 5.20 |
5.21 | 3221 Cherry Palm Drive | | | | | | 5.21 |
6 | National Office Portfolio | | | | Andrew J. Segal | | 6 |
6.01 | 8330 LBJ Freeway | | | | | | 6.01 |
6.02 | 101 East Park Boulevard | | | | | | 6.02 |
6.03 | 13601 Preston Road | | | | | | 6.03 |
6.04 | 1750 East Golf Road | | | | | | 6.04 |
6.05 | 14800 Quorum Drive | | | | | | 6.05 |
6.06 | 1995 North Park Place | | | | | | 6.06 |
6.07 | Northlake - 2295 Parklake Dr NE | | | | | | 6.07 |
6.08 | 4751 Best Road | | | | | | 6.08 |
6.09 | The Centre - 4101 McEwen Road | | | | | | 6.09 |
6.10 | The Centre - 4099 McEwen Road | | | | | | 6.10 |
6.11 | 11225 North 28th Drive | | | | | | 6.11 |
6.12 | 10000 North 31st Ave | | | | | | 6.12 |
6.13 | The Centre - 4001 McEwen Road | | | | | | 6.13 |
6.14 | 4425 W Airport Fwy | | | | | | 6.14 |
6.15 | Northlake - 2302 Parklake Dr NE | | | | | | 6.15 |
6.16 | Northlake - 2305&2309 Parklake Dr NE | | | | | | 6.16 |
6.17 | 12100 Ford Road | | | | | | 6.17 |
6.18 | The Centre - 4000N&S McEwen Road | | | | | | 6.18 |
7 | HGI Savannah Historic District | | | | S. Jay Patel | | 7 |
8 | Belden Park Crossing | | | | Robert L. Stark | | 8 |
9 | One Century Place | | | | Stone Company SPC | | 9 |
10 | 61 Grove Street | | | | Alfred Sabetfard | | 10 |
11 | 777 Township Line Road | | | | Pembroke Hobson LLC; John B. Vander Zwaag; Richard C. Hamlin; Jeffrey J. Irmer | | 11 |
12 | The View at Marlton | | | | Peter C. Abrams, Henry Gorenstein, Panagiotis (“Peter”) Lazaropoulos | | 12 |
13 | Corporate Center I & III | | | | Dr. David James Smith | | 13 |
14 | DoubleTree Berkeley Marina | | | | Junson Capital | | 14 |
15 | Redmont Hotel Curio | | | | James W. Lewis, Jr. | | 15 |
16 | 555 De Haro | | | | Atit Jariwala | | 16 |
17 | Macedonia Commons | | | | Lance F. Osborne | | 17 |
18 | Northwoods Center | | | | ROBERT BERGER, RICHARD VINCENT GLICKMAN, ANTHONY JOHN PASSANDER | | 18 |
19 | 100-102 Forsyth Street | | | | Edmond Li | | 19 |
20 | Hilton Houston Galleria TX | | | | Frank Yuan; Jerome Yuan; Norbert Yuan | | 20 |
21 | Del Amo Fashion Center | 10.1% | 9.7% | | Simon Property Group, L.P.; Commingled Pension Trust Fund (Strategic Property) of JPMorgan Chase Bank, N.A. | | 21 |
22 | Hallandale Self Storage | | | | Alex Meshechock; Larry Kaplan; Rick Schontz | | 22 |
23 | Springville Heights Condominium | | | | Thomas Liebermann | | 23 |
24 | HGI Plymouth | | | | Abbas K. Shikary; Fatema A. Shikary; James Gerish; Kris Gerish | | 24 |
25 | 1030-1040 Broad Street | | | | Benzion Kohn | | 25 |
26 | Columbia Park Shopping Center | | | 7,905,512 | Forest City Realty Trust, Inc. | | 26 |
27 | Dublin Corners | | | | Mark A. Shaheen, Sr.; Issa A. Shaheen | | 27 |
28 | Residence Inn Omaha Aksarben Village | | | | Richard H. Wiens | | 28 |
29 | Simi Valley Industrial Park | | | | Pacific Equities Group | Group 1 | 29 |
30 | Plaza de Hacienda | | | | Cassandra Lynn Holt | | 30 |
31 | Northern Ohio Industrial Park | | | | Stephen Rosen | | 31 |
32 | Cascade Building | | | | Matthew Felton | | 32 |
33 | Paseo Lindo | | | | Yilin Yao | | 33 |
34 | Marengo Plaza | | | | Hamid Yousefian | | 34 |
35 | 444-446 86th Street | | | | Raymond Gindi | | 35 |
36 | Alton Business Park | | | | Pacific Equities Group | Group 1 | 36 |
37 | Willowick Business Park | | | | Pacific Equities Group | Group 1 | 37 |
38 | Omega Self Storage – Amityville Portfolio | | | | Vimal K. Goyal | | 38 |
38.01 | 185-Omega Self Storage | | | | | | 38.01 |
38.02 | 491-Omega Storage Inc. | | | | | | 38.02 |
39 | Walnut Grove Medical Center | | | | John R. Saunders | | 39 |
40 | Tustin Mayfair Plaza | | | | Kevin S. Maguire; Jason D. Ball | | 40 |
41 | Water Tower Self Storage | | | | Sidney I. Moss | | 41 |
42 | RSM Business Park | | | | Pacific Equities Group | Group 1 | 42 |
43 | Avenue Hall Executive Center | | | | Pacific Equities Group | Group 1 | 43 |
44 | Comfort Suites Hilton Head Bluffton | | | | Noor & Sukayna Merchant | | 44 |
45 | Harbor Court Plaza | | | | Hooman Dayani, Parviz Omidvar, Saeed Babaeean | | 45 |
46 | Boulevard Square II | | | | Todd Berning; Steven Gehrtz; Jeffrey Miller | | 46 |
47 | Shaw Blackstone Center-CA | | | | The Exempt Bypass Trust U/A The Fay Revocable Trust; The Marital Trust U/A The Fay Revocable Trust; The Survivor’s Trust U/A The Fay Revocable Trust | | 47 |
48 | Hampton Inn - Marshall | | | | Jimmy Asmar; Malik Abdulnoor | | 48 |
49 | Rite Aid Dunmore | | | | Leon Goldstein | | 49 |
50 | Kirkwood Center | | | | Andrew D. Carter; Anthony Brian Cornelius | | 50 |
51 | Preferred Self Storage | | | | Robert A. Behar, M.D.; Ira M. Fox | | 51 |
52 | Dollar General E. Peoria | | | | Ladder Capital CRE Equity LLC | | 52 |
FOOTNOTES TO ANNEX A-1
See “Annex A-3: Summaries of the Fifteen Largest Mortgage Loans” in the Preliminary Prospectus for additional information on the 15 largest mortgage loans.
| (1) | “Barclays” denotes Barclays Bank PLC, “AREF” denotes Argentic Real Estate Finance LLC, “LCF” denotes Ladder Capital Finance LLC and “WFB” denotes Wells Fargo Bank, National Association. |
| (2) | For mortgage loan #1 (Headquarters Plaza), the Cut-off Date Balance Per Unit/SF is calculated using 885,516 square feet, which consists of the office (562,242 square feet) and retail (167,274 square feet) portion of the mortgaged property plus 156,000 square feet attributable to the hotel portion of the mortgaged property. Calculated solely based on the 729,516 square feet of the office and retail portion, Cut-off Date Balance Per Unit/SF is equal to $205.62. The Number of Units and Occupancy Rate are based on the 729,516 square feet related to the office and retail portion of the mortgaged property. |
For mortgage loan #2 (Marriott LAX), food and beverage income accounts for approximately 24.1% of U/W Revenues.
For mortgage loan #10 (61 Grove Street), the Number of Units includes 12 multifamily units. In addition to the multifamily units, there is also 3,000 square feet of retail space. Occupancy is based on the multifamily units only.
For mortgage loan #12 (The View at Marlton), the fifth largest tenant (3,600 square feet), representing 4.0% of the net rentable square feet, leases the collateral pad site and the improvements built on the pad site are owned by the tenant.
For mortgage loan #14 (DoubleTree Berkeley Marina), food and beverage income accounts for approximately 20.9% of U/W Revenues.
For mortgage loan #15 (Redmont Hotel Curio), food and beverage income accounts for approximately 32.1% of U/W Revenues.
For mortgage loan #19 (100-102 Forsyth Street), the Number of Units includes 13,955 square feet of multifamily space (36 units) and 4,600 square feet of retail space.
For mortgage loan #21 (Del Amo Fashion Center), the second largest tenant (138,000 square feet), representing 7.8% of net rentable square feet, leases the collateral pad site and the improvements built on the pad site are owned by the tenant.
For mortgage loan #22 (Hallandale Self Storage), parking income accounts for approximately 23.7% of U/W Revenues.
For mortgage loan #32 (Cascade Building), the Number of Units includes 6,476 square feet of retail space and 88,922 square feet of office space.
For mortgage loan #34 (Marengo Plaza), the Number of Units includes 12,542 square feet of retail space and 9,814 square feet of office space.
For mortgage loan #46 (Boulevard Square II), the Number of Units includes 38,541 square feet of multifamily space (36 units) and 14,189 square feet of retail space.
| (3) | For mortgage loan #3 (Mall of Louisiana), the Grace Period Default (Days) is two business days once in any trailing twelve-month period. |
| (4) | For mortgage loan #2 (Marriott LAX), the Appraised Value represents the value assuming the property improvement plan, which is expected to be completed by the end of 2017, has been completed. A $12,975,832 reserve was collected at origination (held by Marriott), reflecting the remaining unfunded portion of the property improvement plan costs. The appraised value |
assuming the property improvement plan has not been completed is $257,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity based on the $257,000,000 appraised value are 56.5% and 47.0%, respectively.
For mortgage loan #5 (U.S. Industrial Portfolio III), the Appraised Value of $166,300,000 reflects a 4% premium attributed to the aggregate appraised value of the related mortgaged properties as a whole. The sum of the appraised values for each of the related mortgaged properties on an individual basis is $159,940,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $159,940,000 appraised value are 75.4% and 68.6%, respectively.
For mortgage loan #7 (HGI Savannah Historic District), the Appraised Value assumes the property improvement plan, scheduled to be completed in February 2018, has been completed. A $7,000,000 reserve was taken at closing, representing the outstanding property improvement plan costs. The appraised value assuming the property improvement plan has not been completed is $46,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $46,000,000 appraised value are 57.6% and 46.6%, respectively.
For mortgage loan #12 (The View at Marlton), the Appraised Value assumes the third largest tenant (8,400 square feet), representing 9.2% of net rentable square feet, is currently having its free-standing premises constructed, is in occupancy, open for business and paying full unabated rent. Construction of the free-standing premises is anticipated to be complete in March 2018. The third largest tenant has executed its lease and a $3,300,000 Holdback was taken at closing, until the premises is fully constructed, and the tenant is in occupancy and paying full unabated rent by September 27, 2018. The appraised value assuming the third largest tenant is not in occupancy and paying rent is $33,600,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity are based on the $33,600,000 appraised value are 69.1% and 57.9%, respectively.
For mortgage loan #19 (100-102 Forsyth Street), the mortgaged property was underwritten based on the related appraisal’s estimate of stabilized expenses and borrower budget. The Appraised Value assumes the property reaches a stabilized occupancy of 98.0% after the renovation of the vacant free market multifamily units have been completed. The appraised value assuming one month of lost rent during the lease up period is $23,900,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $23,900,000 appraised value are 66.9% and 66.9%, respectively.
For mortgage loan #20 (Hilton Houston Galleria TX), the Appraised Value assumes the property improvement plan, scheduled to be completed by July 2018, has been completed. A $655,500 reserve was taken at closing, representing the outstanding property improvement plan costs. The appraised value assuming the property improvement plan has not been completed is $24,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $24,000,000 appraised value are 65.0% and 58.1%, respectively.
For mortgage loan #40 (Tustin Mayfair Plaza), the Appraised Value assumes a renovation, scheduled to be completed by January 2018, has been completed. The appraised value assuming the renovations have not been completed is $14,450,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $14,450,000 appraised value are 51.9% and 51.9%, respectively.
For mortgage loan #50 (Kirkwood Center), the Appraised Value assumes the largest tenant (2,598 square feet), representing 37.0% of net rentable square feet, has executed a lease, is in occupancy and will begin paying rent in December 2017. The largest tenant has executed its lease and a $420,000 Holdback was taken at closing, to be held until an acceptable estoppel is received. The appraised value assuming the largest tenant is not in occupancy and paying rent is $3,180,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $3,180,000 appraised value are 56.5% and 35.2%, respectively.
| (5) | For mortgage loan #12 (The View at Marlton), the Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD of the mortgage loan were adjusted to reflect stabilized value, and such adjustment results in a 72.6% Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD of 62.3%, respectively. |
For mortgage loan #12 (The View at Marlton), all LTVs, DSCRs and Debt Yields are calculated assuming the full loan amount of $26,500,000. The Holdback can be disbursed in whole when the following conditions are satisfied: (i) the construction of the free-standing premises for third largest tenant, (8,400 square feet), representing 9.2% of net rentable square feet, is complete; (ii) the third largest tenant is in occupancy and paying full unabated rent; and (iii) the mortgaged property must be generating a net cash flow debt service coverage ratio of 1.25x or greater, the debt yield is no less than 7.74%, and a loan to value ratio does not exceed 75.0%. If the Holdback has not been released by September 27, 2018, the borrower may extend the deadline by six months subject to lender approval. In the event that the borrower does not achieve the earn-out, the lender has the right to use the funds to permanently pre-pay the loan, subject to applicable prepayment penalties to be paid by the borrower. Assuming the full Holdback balance is applied to the full loan amount of $26,500,000, Cut-off Date LTV Ratio, LTV Ratio at Maturity, U/W NOI DSCR, U/W NCF DSCR, U/W NOI Debt Yield and U/W NCF Debt Yield are 69.0%, 59.3%, 1.58x, 1.51x, 9.8% and 9.4%, respectively.
For mortgage loan #40 (Tustin Mayfair Plaza), all LTVs, DSCRs and Debt Yields are calculated assuming the full loan amount of $7,500,000. The Holdback can be disbursed as follows provided that the following conditions are satisfied: (i) $420,000 can be disbursed if the third largest tenant (4,200 square feet), representing 10.2% of net rentable square feet, is in occupancy, open for business and paying full unabated rent for at least one month; (ii) $124,400 can be disbursed if The Flame Broiler (1,400 square feet), representing 3.4% of net rentable square feet, is in occupancy, open for business and paying full unabated rent for at least one month; (iii) $155,600 can be disbursed if Truffle Bistro (1,750 square feet), representing 4.2% of net rentable square feet, is in occupancy, open for business and paying full unabated rent for at least one month; and (iv) unless one or more of (i), (ii) or (iii) have not occurred, the net cash flow debt yield is at least 10.0%, physical and economic occupancy is at least 95.0% and the loan to value ratio is no greater than 55.0%. If the Holdback has not been released by October 17, 2019, the lender may apply the unreleased proceeds to pay down the loan, accompanied by the applicable yield maintenance premium to be paid by the borrower. Assuming the full Holdback balance is applied to the full loan amount of $7,500,000, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI DSCR, U/W NCF DSCR, U/W NOI Debt Yield and U/W NCF Debt Yield are 47.1%, 47.1%, 2.59x, 2.50x, 11.9% and 11.4%, respectively.
For mortgage loan #50 (Kirkwood Center), all LTVs, DSCRs and Debt Yields are calculated assuming the full loan amount of $1,800,000. The Holdback can be disbursed in whole when the following conditions are satisfied: (i) net cash flow debt yield is no less than 10.0%; and (ii) the largest tenant (2,598 square feet), representing 37.0% of net rentable square feet, provides the lender with an estoppel under a lease pursuant to the terms and conditions in the loan agreement. If the Holdback has not been released by September 22, 2018, the lender may apply the unreleased proceeds to pay down the loan, accompanied by the applicable yield maintenance premium to be paid by the borrower. Assuming the full Holdback balance is applied to the full loan amount of $1,800,000, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI DSCR, U/W NCF DSCR, U/W NOI Debt Yield and U/W NCF Debt Yield are 43.3%, 22.0%, 2.12x, 2.06x, 16.4% and 16.0%, respectively.
| (6) | For mortgage loan #1 (Headquarters Plaza), the mortgage loan represents Notes A-3 and A-4, two of four pari passu notes, which have a combined Cut-off Date Balance of $150,000,000. Notes A-1 and A-2 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1, A-2, A-3 and A-4 in the aggregate (the “Headquarters Plaza Whole Loan”). Notes A-3 and A-4 represent a non-controlling interest in the Headquarters Plaza Whole Loan. |
For mortgage loan #2 (Marriott LAX), the mortgage loan represents Note A-3-A, one of three pari passu notes, which have a combined Cut-off Date Balance of $145,156,075. Note A-1-A and Note A-2 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Note A-1-A, Note A-2 and Note A-3-A in the aggregate (the “Marriott LAX Whole Loan”). Note A-3-A represents a non-controlling interest in the Marriott LAX Whole Loan.
For mortgage loan #3 (Mall of Louisiana), the mortgage loan represents Note A-5-1, one of nine pari passu notes, which have a combined Cut-off Date Balance of $325,000,000. Notes A-1, A-2,
A-3-1, A-3-2, A-4, A-5-2, A-6 and A-7 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1, A-2, A-3-1, A-3-2, A-4, A-5-1, A-5-2, A-6, and A-7 in the aggregate (the “Mall of Louisiana Whole Loan”). Note A-5-1 represents a non-controlling interest in the Mall of Louisiana Whole Loan.
For mortgage loan #5 (U.S. Industrial Portfolio III), the mortgage loan represents Note A-2, one of three pari passu notes, which have a combined Cut-off Date Balance of $120,537,149. Notes A-1-1 and A-1-2 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1-1, A-1-2, and A-2 in the aggregate (the “US Industrial Portfolio III Whole Loan”). Note A-2 represents a non-controlling interest in the US Industrial Portfolio III Whole Loan.
For mortgage loan #6 (National Office Portfolio), the mortgage loan represents Note A-3, one of six pari passu notes, which have a combined Cut-off Date principal balance of $184,784,901. Notes A-1-A, A-1-B, A-2-A, A-4-B, and A-5-A are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on all notes in the aggregate (the “National Office Portfolio Whole Loan”). Note A-3 represents a non-controlling interest in the National Office Portfolio Whole Loan.
For mortgage loan #8 (Belden Park Crossing), the mortgage loan represents Note A-2, one of three pari passu notes, which have a combined Cut-off Date Balance of $51,000,000. Note A-1-A and Note A-1-B are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Note A-1-A, Note A-1-B and Note A-2 in the aggregate (the “Belden Park Crossing Whole Loan”). Note A-2 represents a non-controlling interest in the Belden Park Crossing Whole Loan.
For mortgage loan #9 (One Century Place), the mortgage loan represents Note A-2, one of two pari passu notes, which have a combined Cut-off Date Balance of $66,300,000. Note A-1 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the “One Century Place Whole Loan”). Note A-2 represents a non-controlling interest in the One Century Place Whole Loan.
Fort mortgage loan #12 (The View at Marlton), the mortgage loan represents Note A-1, one of two pari passu notes, which have a combined Cut-off Date Balance of $26,500,000. Note A-2 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (“The View at Marlton Whole Loan”). Note A-1 represents a controlling interest in The View at Marlton Whole Loan.
For mortgage loan #14 (DoubleTree Berkeley Marina), the mortgage loan represents Note A-2, one of four pari passu notes, which have a combined Cut-off Date Balance of $52,500,000. Note A-1-1, A-1-2, and A-1-3 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1-1, A-1-2, A-1-3 and A-2 in the aggregate (the “DoubleTree Berkeley Marina Whole Loan”). Note A-2 represents a non-controlling interest in the DoubleTree Berkeley Marina Whole Loan.
For mortgage loan #17 (Macedonia Commons), the mortgage loan represents Note A-1, one of two pari passu notes, which have a combined Cut-off Date Balance of $34,200,000. Note A-2 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Note A-1 and Note A-2 in the aggregate (the “Macedonia Commons Whole Loan”). Note A-1 represents a controlling interest in the Macedonia Commons Whole Loan.
For mortgage loan #21 (Del Amo Fashion Center), the mortgage loan represents Notes A-2-2-B and B-2-2-B, two of 34 pari passu notes, which have a combined Cut-off Date Balance of $459,300,000. The other notes are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on all notes in the aggregate (the “Del Amo Fashion Center Senior Loan”). Notes A-2-2-B and B-2-2-B represent non-controlling interests in the Del Amo Fashion Center Senior Loan.
For mortgage loan #26 (Columbia Park Shopping Center), the mortgage loan represents Note A-2, one of two pari passu notes, which have a combined Cut-off Date Balance of $62,700,000.
Note A-1 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the “Columbia Park Shopping Center Whole Loan”). Note A-2 represents a non-controlling interest in the Columbia Park Shopping Center Whole Loan.
| (7) | For mortgage loan #5 (U.S. Industrial Portfolio III), the sum of the U/W Net Operating Income and U/W Net Cash Flow for each of the related mortgaged properties is greater than the U/W Net Operating Income and UW Net Cash Flow for the related whole loan as a vacancy adjustment was applied to the portfolio level underwriting. |
| (8) | In certain cases, mortgage loans may have tenants that have executed leases, but may not be fully paying rent or occupying the related leased premises that were included in the underwriting. |
For mortgage loan #1 (Headquarters Plaza), the fourth largest tenant (33,000 square feet), representing 4.5% of the net rentable square feet has one month of free rent each year beginning 2019 and ending in 2024. At origination, the borrower escrowed $490,875 to cover the free rent periods from 2019 and 2021.
For mortgage loan #3 (Mall of Louisiana), the third largest tenant (46,900 square feet), representing 6.0% of net rentable square feet, has executed a lease but has yet to take occupancy at the property or commence paying rent. The third largest tenant is expected to take occupancy in August 2018. The Sponsor has provided a full guaranty for $8,519,922 in unfunded tenant allowances, landlord costs and “gap” rent covering a 15-month period.
For mortgage loan #4 (Adler Portfolio), the third largest tenant at the Vista Point North mortgaged property (15,749 square feet), representing 11.0% of net rentable square feet, has abated rent in November 2017 through January 2018. A $60,371 reserve was taken at closing for the outstanding rent abatements.
For mortgage loan #5 (U.S. Industrial Portfolio III), the largest tenant at the 1152 Armorlite Drive mortgaged property (44,313 square feet), representing 1.5% of the entire portfolio, subleases 44,313 square feet for a total annual base rent of $344,312 ($7.77 per square foot, expiring December 2027). The largest tenant at the 1972 Salem Industrial Drive mortgaged property (317,144 square feet), representing 11.0% of the entire portfolio, subleases 126,275 square feet for a total annual base rent of $201,600 ($1.60 per square foot, expiring July 2028). The largest tenant at the 3800 West Broward Boulevard mortgaged property (32,688 square feet), representing 1.1% of the entire portfolio, subleases 10,303 square feet for a total annual base rent of $242,017 ($23.49 per square foot, expiring December 2027). The 900 Chaddick Drive mortgaged property is currently 100% leased to the largest tenant at the 900 Chaddick Drive mortgaged property through January 2019. The largest tenant at the 900 Chaddick Drive mortgaged property is currently dark. In the event the largest tenant at the 900 Chaddick Drive mortgaged property does not renew at expiration in January 2019, the tenant will be required to pay a non-renewal fee of $380,000. No rent was underwritten for the 900 Chaddick Drive property.
For mortgage loan #6 (National Office Portfolio), numerous third party tenants are in free rent or rent abatement periods. $1,656,704 has been reserved with the lender in respect of free rent and rent abatements for the portfolio of related mortgaged properties.
For mortgage loan #9 (One Century Place), the fourth largest tenant (55,962 square feet), representing 10.4% of the net rentable square feet, subleases 4,164 square feet to one tenant and 340 square feet to a second tenant, for a total annual base rent of $107,915 ($23.96 per square foot). Both subleases are coterminous with the fourth largest tenant’s lease expiring April 2025.
For mortgage loan #12 (The View at Marlton), the third largest tenant, representing approximately 9.2% of the net rentable square feet, has not yet taken occupancy or begun paying rent due to construction that is expected to be completed in February 2018. The related borrower escrowed $3,300,000 at loan closing in connection with such construction, to be earned out upon The Malvern School taking occupancy and commencing rent payments. For the borrower to qualify for release of funds from the earnout reserve, the related loan documents provide that the
mortgaged property must be generating net cash flow such that (i) the LTV ratio is not more than 75.0%, (ii) the DSCR is not less than 1.25x and (iii) the Debt Yield is not less than 7.7%. The borrower has 12 months to effectuate the earnout, with a possible 6-month extension subject to the lender’s approval. In the event that the borrower does not achieve the earn-out, the lender has the right to use the funds to permanently pre-pay the mortgage loan, subject to applicable prepayment penalties. In addition, the mortgaged property is subject to a ground lease dated March 16, 2010, between the related borrower’s predecessor-in-interest, as ground lessor, and Susquehanna Bank, as ground lessee. An assignment of such ground lease was executed on August 1, 2015, from Susquehanna Bank to BB&T Bank. The current fixed rent under the ground lease is $165,000per annum, payable in monthly installments. The ground lease is scheduled to terminate on August 31, 2025.
For mortgage loan #13 (Corporate Center I & III), the largest tenant (24,742 square feet), representing 26.0% of net rentable square feet, subleases 4,912 square feet of its space, representing 5.2% of net rentable square feet, for a total annual base rent of $103,152 ($21.00 per square foot expiring on October 1, 2022). The lease and the sublease are coterminous and rent payments in the sublease are identical to the rent owed under the direct lease.
For mortgage loan #17 (Macedonia Commons), the third largest tenant (54,127 square feet), representing 17.3% of net rentable square feet, subleases 54,127 square feet to Hobby Lobby through December 31, 2019. The lease and the sublease are coterminous and Hobby Lobby’s rent payments in the sublease are identical to the rent owed under the direct lease.
For mortgage loan #19 (100-102 Forsyth Street), the mortgaged property has 13 units subject to rent stabilization. The largest tenant, representing approximately 91.3% of the net rentable square feet, is in occupancy but has not yet opened for business. The largest tenant is expected to open for business by December 2017. In addition, such tenant has one month of abated rent each year for the first three years of its lease term which began in July 2017. The borrower escrowed $4,000,000 at loan closing, $2,750,000 of which is to be released upon the satisfaction of certain conditions, including, but not limited to, the tenant being in occupancy, open for business and paying unabated rent for three consecutive calendar months.
For mortgage loan #32 (Cascade Building), the largest tenant (18,473 square feet), representing 19.5% of the net rentable square feet, has notified the borrower that it will vacate 9,375 square feet but will pay rent on the total square footage through December 2018.
For mortgage loan #39 (Walnut Grove Medical Center), the second largest tenant (4,741 square feet), representing 11.7% of the net rentable square feet has one month of free rent in October 2018 and October 2019. At origination, the borrower escrowed $26,337 to cover these free rent period in addition to outstanding free rent for other tenants.
For mortgage loan #40 (Tustin Mayfair Plaza), the third largest tenant (4,200 square feet), representing 10.2% of net rentable square feet, has executed a lease but is not in occupancy or paying rent. The third largest tenant is anticipated to be in occupancy and paying rent by January 2018. A $420,000 Holdback was taken at closing until the third largest tenant is open for business and paying full unabated rent for one month.
For mortgage loan #50 (Kirkwood Center), the largest tenant (2,598 square feet), representing 37.0% of net rentable square feet, has executed a lease but is not in occupancy. The tenant is anticipated to be open and paying rent by December 2017. A $420,000 Holdback was taken at closing until the largest tenant is in occupancy and paying full unabated rent.
| (9) | For mortgage loan #7 (HGI Savannah Historic District), the mortgaged property lost approximately 735 room nights in October 2016 due to Hurricane Matthew. The Most Recent and Second Most Recent Period reflect actual performance and exclude any revenue for such lost room nights. If adjusted to include the occupancy and related revenue from the October 2016 lost room nights, the Second Most Recent Hotel ADR, RevPAR and NOI would be $160.24, $149.54 and $3,466,809, respectively; and the Most Recent Hotel ADR, RevPAR and Net Operating Income would be $164.22, $151.31 and $3,295,400, respectively. U/W Revenues is based on the Most Recent Period adjusted for the October 2016 lost room nights. |
For mortgage loan #12 (The View at Marlton), the mortgaged property was constructed in 2017. Construction of a free-standing portion of the property that is expected to be occupied by the third largest tenant, is on-going and is expected to be completed in February 2018. As such, historical financial information for the mortgaged property is not available.
For mortgage loan #19 (100-102 Forsyth Street), the mortgaged property was substantially renovated in 2016. As such, historical financial information for the mortgaged property does not reflect the mortgaged property’s stabilized performance.
For mortgage loan #33 (Paseo Lindo), approximately 36.7% of net rentable square feet of the mortgaged property was completed in 2016. The mortgaged property is currently 100.0% occupied and underwritten cash flows reflect leases in place as well as fixed CAM reimbursements. Expenses were based on the property manager’s 2017 budget as well as the actual insurance premium and tax bills. The related borrower did not provide cash flows for the mortgaged property.
For mortgage loan #49 (Rite Aid Dunmore), the mortgaged property is a single tenant triple-net leased property. As such, historical financial information for the mortgaged property is not available.
For mortgage loan #52 (Dollar General E. Peoria), the mortgaged property was constructed in 2017. As such, historical financial information for the mortgaged property is not available.
| (10) | For mortgage loan #15 (Redmont Hotel Curio), the property is subject to a master lease between the fee owner borrower and the master lessee borrower in connection with historic rehabilitation income tax credits (which tax credits were sold to a third party which owns 99% of the master lessee borrower) and to a sublease between the master lessee borrower and the fee owner borrower, whereby the master lessee borrower leases the property back to the fee owner borrower. The master lease has a term of 99 years with no rental obligations and the sublease has a term of 30 years expiring in 2046, with annual rent equal to 85% of the annual debt service under the Redmont Hotel Curio mortgage loan, administration expenses and an annual return to the master lessee borrower. Both the fee owner borrower’s interest and the master lessee borrower’s interest in the Redmont Hotel Curio property are collateral for the mortgage loan and all revenue from the property and the two master leases is deposited into the lockbox under the Redmont Hotel Curio mortgage loan. |
For mortgage loan #16 (555 De Haro), the mortgaged property is subject to a master lease between the related borrower, as master lessor, and a borrower-affiliate, Bridgeton 555 Deharo Property LLC, as master lessee. The master lessee is indirectly controlled by the sponsor of the borrower. The master lease structure was put in place at the mortgaged property to accommodate an investor of such sponsor, which investor required certain elements of the investment’s structure to be compliant with Shari’ah law. Pursuant to the master lease, the master lessee has an option to purchase the mortgaged property, provided that the lender has the right to terminate such option upon any foreclosure. The master lease is subordinate to the underlying mortgage loan.
| (11) | For mortgaged property #31 (Northern Ohio Industrial Park), the largest tenant (464,220 square feet), representing 43.9% of net rentable square feet, has multiple leases that expire as follows: 13,200 square feet expiring on a month-to-month basis and 451,020 square feet expiring on September 30, 2020. |
For mortgage loan #32 (Cascade Building), the largest tenant (18,473 square feet), representing 19.5% of the net rentable square feet, has multiple leases that expire as follows: 9,375 square feet expiring December 1, 2018 and 9,098 square feet expiring June 30, 2024.
For mortgage loan #34 (Marengo Plaza), the second largest tenant (5,140 square feet), representing 23.0% of the net rentable square feet, has multiple leases that expire as follows: 2,570 square feet expiring on December 5, 2021 and 2,570 square feet expiring on March 31, 2022.
| (12) | The tenant early termination options discussed in this footnote are not intended to be an exclusive list. In particular, termination options based on co-tenancy clauses are generally included only for top five tenants by net rentable square feet if the option is currently or imminently exercisable. |
For mortgage loan #5 (U.S. Industrial Portfolio III), the largest tenant at the 3221 Cherry Palm Drive mortgaged property (38,624 square feet), representing 1.3% of the entire portfolio, may terminate its lease on either November 1, 2018 or November 1, 2024 by providing the lessor with a termination notice no later than May 4, 2018 for the first termination and May 4, 2024 for the second termination with a termination fee equal to all rent payable paid through either the first or the second termination date.
For mortgage loan #6 (National Office Portfolio), the largest tenant at the 8330 LBJ Freeway mortgaged property (84,114 square feet), which is also the second largest tenant for the entire portfolio, representing 3.3% of the net rentable square feet for the entire portfolio and 3.9% of the underwritten base rent for the entire portfolio, may terminate its lease on June 30, 2022 with 9 months’ written notice. The second largest tenant at the 1750 East Golf Road mortgaged property (63,113 square feet), which is also the third largest tenant at the entire portfolio, representing 2.5% of the net rentable square feet for the entire portfolio and 4.8% of the underwritten base rent for the entire portfolio, may terminate its lease on September 30, 2019 with 12 months’ written notice and a termination fee equal to $1,731,204. Other tenants that are among the five largest tenants at a particular related mortgaged property (but not in the entire portfolio) also have termination options.
For mortgage loan #9 (One Century Place), the second largest tenant (105,219 square feet), representing 19.5% of net rentable square feet, may terminate its lease on August 31, 2019 by providing the landlord with a termination notice no later than August 31, 2018 and a termination fee equal to all unamortized brokerage commissions and the concessions and tenant improvements allowance. The fifth largest tenant (45,807 square feet), representing 8.5% of net rentable square feet, may terminate its lease on October 31, 2020, by providing landlord with a termination notice on or before October 31, 2019, and a termination fee, only if either (i) the tenant is no longer doing business within a 50-mile radius of the building or (ii) the tenant needs 50% less personnel to conduct its business, when compared to the number of personnel in certain specified portions of the space as of the applicable commencement date.
For mortgage loan #11 (777 Township Line Road), the fifth largest tenant (6,645 square feet), representing 6.0% of net rentable square feet, may terminate its lease any time after February 14, 2023 by providing the landlord with notice prior to February 14, 2022 and a termination fee equal to $200,783.
For mortgage loan #13 (Corporate Center I & III), the third largest tenant (11,184 square feet), representing 11.8% of net rentable square feet, has the right to vacate the related leased premises on August 30, 2019. The tenant may vacate the related leased premises so long as it continues to pay rent due under the lease and maintains the leased premises in good and secure condition.
For mortgage loan #21 (Del Amo Fashion Center), the fifth largest tenant (60,000 square feet), representing 3.4% of net rentable square feet, may terminate its lease at any time upon providing at least 270 days’ written notice.
For mortgage loan #25 (1030-1040 Broad Street), the largest tenant (29,987 square feet), representing 27.6% of net rentable square feet, may terminate its lease as of December 31, 2018 upon providing nine months’ written notice and payment of a termination fee equal to the unamortized tenant improvement allowance and broker’s fees incurred by the landlord in connection with the third amendment to the lease. The second largest tenant (13,633 square feet), representing 12.6% of net rentable square feet, may terminate its lease as of July 31, 2018 upon providing no less than 9 months’ and no more than 12 months’ written notice and payment of a termination fee equal to the unamortized portion of the tenant improvement allowance and broker’s fees associated with the lease.
For mortgage loan #34 (Marengo Plaza), the third largest tenant (3,745 square feet), representing 16.8% of net rentable square feet, may terminate its lease on or after September 30, 2020 upon providing 90 days’ written notice. The fourth largest tenant (2,421 square feet), representing 10.8% of net rentable square feet, may terminate its lease as of December 31, 2021 upon providing 270 days’ prior notice and payment of a termination fee equal to $126,957. The fifth largest tenant (2,114 square feet), representing 9.5% of the net rentable square feet, may terminate its lease as of September 7, 2023 upon six months’ prior notice and payment equal to six months’ rent plus unamortized leasing commissions and tenant improvement allowances.
For mortgage loan #42 (RSM Business Park), the largest tenant (12,359 square feet), representing 16.7% of net rentable square feet, may terminate its lease any time by providing lessor with four months’ notice and payment of any unamortized brokerage commission.
| (13) | For mortgage loan #35 (444-446 86th Street), the largest tenant (7,000 square feet), representing 63.6% of net rentable square feet, is affiliated with the sponsor. |
| (14) | For mortgage loan #1 (Headquarters Plaza), on each payment date commencing on the payment date occurring in December 2017, the Monthly Replacement Reserve will be equal to the greater of (i) 1/12th of 4% of the gross income from hotel-related operations for the immediately preceding calendar year and (ii) the amount of the deposit required under the Franchise Agreement for the applicable individual property. The borrower will not be required to make monthly reserve deposits for FF&E if the Reserve Waiver Conditions (as defined in the mortgage loan documents) are satisfied. |
For mortgage loan #7 (HGI Savannah Historic District), the Monthly Replacement Reserve is $0 through November 2018, 1/12th of 1% of underwritten revenue from December 2018 through November 2019, 1/12th of 2% of underwritten revenue from December 2019 through November 2020 and 1/12th of 4% of underwritten revenue from December 2020 through the end of the mortgage loan term.
For mortgage loan #14 (Doubletree Berkeley Marina), the Monthly Replacement Reserve will be adjusted to 2.5% of gross income from operations for the month which occurred two calendar months prior to the applicable payment date, 3.0% the following year and 4.0% thereafter.
For mortgage loan #15 (Redmont Hotel Curio), on each payment date commencing on the payment date occuring in December 2017, the borrower will be required to deposit in the Monthly Replacement Reserve an amount equal to 1/12th of 4.0% of the greater of (i) gross revenues during the 12-month period ending on the last day of the most recent calendar quarter for which the borrower has provided financial statements and (ii) the gross revenue projected in the then-effective approved annual budget (approximately $25,695).
For mortgage loans #20 (Hilton Houston Galleria TX) and #24 (HGI Plymouth), the Monthly Replacement Reserve will be adjusted to an amount equal to the greater of the existing Monthly Replacement Reserve and 1/12th of 4% of underwritten revenue for the prior fiscal year.
For mortgage loan #44 (Comfort Suites Hilton Head Bluffton), the Monthly Replacement Reserve will be the greater of (i) 1/12th of 4% of the annual gross income of the property or (ii) the monthly amount required to be reserved pursuant to the franchise agreement.
For mortgage loan #48 (Hampton Inn - Marshall), the Monthly Replacement Reserve will initially be $7,241 and will be adjusted on the payment date in January 2018 and on each payment date falling in each subsequent January thereafter, to an amount equal to 1/12th of the greater of (i) 4% of the gross income from operations and (ii) the amount of the deposit required by the franchisor under the Franchise Agreement.
| (15) | For mortgage loan #1 (Headquarters Plaza), on each payment date commencing on the payment date occurring in December 2017, the Monthly TI/LC Reserve will be equal to the lesser of (i) $125,000 and (ii) the positive difference obtained by subtracting the amount of TI/LC Reserve funds on deposit from $6,000,000. |
For mortgage loan #5 (U.S. Industrial Portfolio III), the TI/LC Reserve Cap is springing and the borrower will deposit an amount equal to each expiring tenant’s monthly sweep amount: for the largest tenant at the 621 Hunt Valley Circle mortgaged property (61,796 square feet), representing 2.1% of the entire portfolio, the rent sweep start date is July 2024 and the monthly sweep amount is equal to $30,898, with a max TI/LC Reserve Cap equal to $185,388; for the largest tenant at the 1001 DDC Way mortgaged property (66,444 square feet), representing 2.3% of the entire portfolio, the rent sweep start date is July 2025 and the monthly sweep amount is equal to $143,962, with a max TI/LC Reserve Cap equal to $863,772; for the largest tenant at the 10450 Medallion Drive mortgaged property (151,506 square feet), representing 5.2% of the entire portfolio, the rent sweep start date is February 2025 and the monthly sweep amount is equal to $75,753 with a max TI/LC Reserve Cap equal to $454,518; for the largest tenant at the 53208 Columbia Drive mortgaged property (117,938 square feet), representing 4.1% of the entire portfolio, the rent sweep start date is May 2026 and the monthly sweep amount is equal to $58,969, with a max TI/LC Reserve Cap equal to $353,814; for the largest tenant at the 4925 Bulls Bay Highway mortgaged property (198,408 square feet), representing 6.9% of the entire portfolio, the rent sweep start date is September 2026 and the monthly sweep amount is equal to $99,204, with a max TI/LC Reserve Cap equal to $595,224; for the largest tenant at the 3800 West Broward Boulevard mortgaged property (32,688 square feet), representing 1.1% of the entire portfolio, the rent sweep start date is July 2026 and the monthly sweep amount is equal to $81,720, with a max TI/LC Reserve Cap equal to $490,320 and for the largest tenant at the 1972 Salem Industrial Drive mortgaged property (317,144 square feet), representing 11.0% of the entire portfolio, the rent sweep start date is April 2026 and the monthly sweep amount is equal to $263,328, with a max TI/LC Reserve Cap equal to $1,579,963.
For mortgage loan #11 (777 Township Line Road), commencing on the payment date occurring in November 2017, through and including the payment date occurring in October 2020, the Monthly TI/LC Reserve will be equal to $9,166.67 and on each payment date thereafter, the Monthly TI/LC Reserve will be equal to $13,750.
For mortgage loan #12 (The View at Marlton), commencing on the payment date occurring in January 2023 and on each payment date thereafter, the Monthly TI/LC Reserve will be equal to $10,417, subject to a cap of $625,000.
For mortgage loan #18 (Northwoods Center), commencing on the payment date occurring in October 2017 through and including the payment date occurring on September 6, 2022, the Monthly TI/LC Reserve will be equal to $5,000 and on each payment date thereafter, the Monthly TI/LC Reserve will equal $7,500. The TI/LC Reserve is subject to a cap of $450,000.
| (16) | For mortgage loan #2 (Marriott LAX), the PIP reserve is held by Marriott. |
For mortgage loan #4 (Adler Portfolio), the Other Escrow I (Monthly) will adjust monthly based on the required ground lease payments throughout the mortgage loan term.
| (17) | For mortgage loan #1 (Headquarters Plaza), the borrowers are the lessees under a long-term ground lease with respect to the office and retail portion of the mortgaged property and the hotel portion of the mortgaged property (the “HQP Borrower Ground Lease”), which ground lease has an annual rent of $189,000, expires on November 11, 2074, and has no renewal, extension or termination rights remaining. Additionally, an affiliate of the borrowers is the lessee with respect to an unimproved, non-income producing residential parcel (the “Residential Parcel”) under the other ground lease (the “Residential Parcel Ground Lease”). The ground lessor under both the HQP Borrower Ground Lease and the Residential Parcel Ground Lease has granted a fee mortgage in favor of the lender under the mortgage loan. Accordingly, the mortgage loan is secured by (i) the borrower’s leasehold interests in the office, retail and hotel portions of the mortgaged property, (ii) the ground lessor’s fee interest in the office, retail and hotel portions of the mortgaged property, and (iii) the ground lessor’s fee interest in the Residential Parcel. The leasehold interest in the Residential Parcel, however, is not collateral for the mortgage loan and was not included in the appraised value or underwriting of the mortgage loan. The HQP Borrower Ground Lease grants the borrowers a purchase option with respect to the premises demised to the borrowers. The mortgage loan documents restrict the borrowers’ ability to exercise their purchase option, including providing that such purchase option may only be exercised in connection with a subdivision of the Residential Parcel from the remainder of the mortgaged |
property pursuant to and in accordance with the mortgage loan documents. The mortgage loan documents permit the release of the Residential Parcel following either a subdivision of the mortgaged property or the creation of a condominium provided that certain conditions of the mortgage loan documents are satisfied. Following a release of the Residential Parcel in accordance with the mortgage loan documents, the borrowers’ interest in the real estate it currently leases will be converted to a fee interest in either the subdivided parcel or condominium units, as applicable. The real estate collateral for the Headquarters Plaza Whole Loan is structured as a fee above a plane (the “Upper Area”), which fee-above-a-plane structure is governed by the Declaration (as defined in the loan documents). The owner of the fee interest in the real property located below the Upper Area (the “Lower Area”), as well as the lessee of the Lower Area, are affiliates of the borrowers. The Lower Area which consists of a parking garage is not collateral for the Headquarters Plaza Whole Loan.
For mortgage loan #14 (DoubleTree Berkeley Marina), the mortgaged property is subject to a ground lease dated January 18, 2008, between the City of Berkeley, as ground lessor, and the related borrower, as ground lessee. The current fixed rent under the ground lease is approximately $306,000per annum, payable in monthly installments. The ground lease is scheduled to terminate on December 31, 2058. The related Mortgage Loan is secured by the borrower’s leasehold interest in the mortgaged property.
| (18) | For mortgage loan #1 (Headquarters Plaza), at origination of the mortgage loan, the borrowers established two separate lockbox accounts: (i) a lockbox account for the hotel portion of the collateral (the “Hotel Lockbox”) and (ii) a lockbox for the office and retail portion of the collateral (the “Non-Hotel Lockbox”). Solely with respect to the hotel portion of the collateral (the “Hotel Property”) and the Hotel Lockbox, (x) so long as the Franchisor CM Conditions (as defined in the mortgage loan documents) are satisfied, hotel manager may collect revenues from the Hotel Property, hold the same in one or more eligible accounts with an eligible institution in the name of the borrower that have been pledged as security for the mortgage loan, apply the same to pay operating expenses and brand management fees in accordance with the applicable franchise agreement, and then deposit any excess after payment of such expenses and fees into the Hotel Lockbox, (y) to the extent permitted under the applicable franchise agreement, or if the Franchisor CM Conditions are not satisfied, tenants under leases at the Hotel Property shall be directed to deposit all rental payments directly into the Hotel Lockbox, and (z) to the extent that the Franchisor CM Conditions are not satisfied, all credit card companies and credit card clearing banks will be directed to deposit all payments that would otherwise be made to the borrower and/or hotel manager directly into the Hotel Lockbox. With respect to the non-hotel portion of the mortgaged property and the Non-Hotel Lockbox, the loan documents require all tenants to be directed to pay all rents directly into the Non-Hotel Lockbox. |
| (19) | For mortgage loan #47 (Shaw Blackstone Center-CA), the Sponsor has been identified as The Exempt Bypass Trust U/A The Fay Revocable Trust, The Marital Trust U/A The Fay Revocable Trust and The Survivor’s Trust U/A The Fay Revocable Trust. |