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Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | % of Initial Pool Balance | Mortgage Loan Originator(1) | Mortgage Loan Seller(1) | Original Balance | Cut-off Date Balance | Maturity/ARD Balance | Cut-off Date Balance per SF/ Units/Rooms/Pads/Beds | Loan Purpose | Sponsor |
Loan | 5,7,8,9,10,11 | 1 | The Liz | 8.7% | AREF | AREF | $60,000,000 | $60,000,000 | $60,000,000 | $663.34 | Refinance | Ron Kaplan; Andrew Altman |
Loan | 2 | Bayview Corporate Tower | 8.5% | Barclays Capital Real Estate Inc. | Barclays Capital Real Estate Inc. | $58,450,000 | $58,450,000 | $50,032,640 | $141.25 | Acquisition | Ten Capital Management LLC; Somerset Properties Inc.; Greggory L. Belzerg | |
Loan | 6,7,12 | 3 | FTERE Bronx Portfolio 5 | 7.8% | MSBNA | MSMCH | $53,900,000 | $53,900,000 | $53,900,000 | $141,099.48 | Refinance | Finkelstein Timberger East Real Estate |
Property | 3.01 | 3031 & 3041 Holland Avenue | 1.8% | MSBNA | MSMCH | $12,381,000 | $12,381,000 | $12,381,000 | ||||
Property | 3.02 | 610 Trinity Avenue | 1.7% | MSBNA | MSMCH | $11,978,000 | $11,978,000 | $11,978,000 | ||||
Property | 3.03 | 2770-2780 Kingsbridge Terrace | 1.5% | MSBNA | MSMCH | $10,363,000 | $10,363,000 | $10,363,000 | ||||
Property | 3.04 | 1787-1791 Walton Avenue | 1.4% | MSBNA | MSMCH | $9,623,000 | $9,623,000 | $9,623,000 | ||||
Property | 3.05 | 75 West 190th Street | 1.4% | MSBNA | MSMCH | $9,555,000 | $9,555,000 | $9,555,000 | ||||
Loan | 6,12 | 4 | Texas Multifamily Portfolio | 7.7% | SMC | SMC | $53,300,000 | $53,004,911 | $42,507,844 | $51,262.00 | Refinance | Gary W. Gates, Jr. |
Property | 4.01 | The Presidio Apartments | 2.7% | SMC | SMC | $18,968,922 | $18,863,903 | $15,128,105 | ||||
Property | 4.02 | Ravenwood Apartments | 2.2% | SMC | SMC | $15,428,947 | $15,343,527 | $12,304,902 | ||||
Property | 4.03 | Laguna Azul Apartments | 1.4% | SMC | SMC | $10,018,797 | $9,963,329 | $7,990,196 | ||||
Property | 4.04 | Pebble Walk Apartments | 1.3% | SMC | SMC | $8,883,333 | $8,834,152 | $7,084,641 | ||||
Loan | 5,8,13,14 | 5 | 525 Market Street | 5.8% | Barclays Capital Real Estate Inc. | Barclays Capital Real Estate Inc. | $40,000,000 | $40,000,000 | $40,000,000 | $454.47 | Recapitalization | New York State Teachers' Retirement System; RREEF America REIT II, Inc. |
Loan | 5,8,15,16 | 6 | Bellagio Hotel and Casino | 5.6% | MSBNA | MSMCH | $39,000,000 | $39,000,000 | $39,000,000 | $426,188.66 | Acquisition | BREIT Operating Partnership L.P. |
Loan | 6,7 | 7 | 3210 Riverdale Avenue & 1616 Amsterdam Avenue | 4.7% | SMC | SMC | $32,500,000 | $32,500,000 | $32,500,000 | $306,603.77 | Refinance | Ben Hadar |
Property | 7.01 | 3210 Riverdale Avenue | 2.7% | SMC | SMC | $18,500,000 | $18,500,000 | $18,500,000 | ||||
Property | 7.02 | 1616 Amsterdam Avenue | 2.0% | SMC | SMC | $14,000,000 | $14,000,000 | $14,000,000 | ||||
Loan | 8,9 | 8 | UHG Optum Health Campus | 3.8% | AREF | AREF | $26,600,000 | $26,600,000 | $26,600,000 | $56.20 | Acquisition | Virtus Real Estate Enhanced Core, LP |
Loan | 9 | 235 Canal Street | 3.5% | MSBNA | MSMCH | $24,000,000 | $24,000,000 | $24,000,000 | $621.04 | Refinance | Alexander Chu; Irene Chu | |
Loan | 5,6,7 | 10 | Bushwick Multifamily Portfolio | 3.2% | AREF | AREF | $22,075,000 | $22,075,000 | $22,075,000 | $445,085.47 | Refinance | Jacob Kohn; Abraham Kohn |
Property | 10.01 | 276 Nostrand Avenue | 1.2% | AREF | AREF | $8,469,678 | $8,469,678 | $8,469,678 | ||||
Property | 10.02 | 70 Bushwick Avenue | 0.6% | AREF | AREF | $3,948,701 | $3,948,701 | $3,948,701 | ||||
Property | 10.03 | 894 Bushwick Avenue | 0.5% | AREF | AREF | $3,404,828 | $3,404,828 | $3,404,828 | ||||
Property | 10.04 | 679 Grand Street | 0.3% | AREF | AREF | $2,260,488 | $2,260,488 | $2,260,488 | ||||
Property | 10.05 | 735 & 737 Bushwick Avenue | 0.2% | AREF | AREF | $1,673,588 | $1,673,588 | $1,673,588 | ||||
Property | 10.06 | 17 Troutman Street | 0.2% | AREF | AREF | $1,316,234 | $1,316,234 | $1,316,234 | ||||
Property | 10.07 | 934 Lafayette Avenue | 0.1% | AREF | AREF | $1,001,482 | $1,001,482 | $1,001,482 | ||||
Loan | 8,9 | 11 | Palms at Cinco Ranch | 3.1% | MSBNA | MSMCH | $21,500,000 | $21,500,000 | $21,500,000 | $107,500.00 | Refinance | RW Partners, LLC; Hudson Capital Investments |
Loan | 5 | 12 | HPE Campus | 2.9% | AREF | AREF | $20,000,000 | $20,000,000 | $20,000,000 | $149.25 | Acquisition | John Gaghan; Waleed Mohammed; Abdullah Alwehaib |
Loan | 13 | Broadway & Thomas | 2.7% | AREF | AREF | $19,000,000 | $19,000,000 | $19,000,000 | $367.35 | Refinance | Mark Gabay | |
Loan | 6,9 | 14 | New Haven Multifamily Portfolio | 2.5% | MSBNA | MSMCH | $17,500,000 | $17,500,000 | $15,331,392 | $72,916.67 | Refinance | Pike International |
Property | 14.01 | Chapel Street and Sherman Avenue | 0.7% | MSBNA | MSMCH | $4,560,000 | $4,560,000 | $3,994,922 | ||||
Property | 14.02 | Howe Street and Lynwood Place | 0.5% | MSBNA | MSMCH | $3,120,000 | $3,120,000 | $2,733,368 | ||||
Property | 14.03 | Ellsworth Avenue | 0.4% | MSBNA | MSMCH | $3,000,000 | $3,000,000 | $2,628,239 | ||||
Property | 14.04 | Colby Court | 0.4% | MSBNA | MSMCH | $2,540,000 | $2,540,000 | $2,225,242 | ||||
Property | 14.05 | Park Street and Elm Street | 0.4% | MSBNA | MSMCH | $2,430,000 | $2,430,000 | $2,128,873 | ||||
Property | 14.06 | Bradley Street and Trumbull Street | 0.3% | MSBNA | MSMCH | $1,850,000 | $1,850,000 | $1,620,747 | ||||
Loan | 15 | Katella Corporate Center | 2.4% | SMC | SMC | $16,900,000 | $16,900,000 | $16,900,000 | $208.09 | Refinance | Steven E. Wise | |
Loan | 6,7,12 | 16 | Bronx Multifamily Portfolio V | 2.2% | MSBNA | MSMCH | $15,500,000 | $15,500,000 | $15,500,000 | $134,782.61 | Refinance | Ryan Morgan |
Property | 16.01 | 1901 Grand Concourse | 1.1% | MSBNA | MSMCH | $7,770,000 | $7,770,000 | $7,770,000 | ||||
Property | 16.02 | 667 East 232nd Street | 1.1% | MSBNA | MSMCH | $7,730,000 | $7,730,000 | $7,730,000 | ||||
Loan | 5 | 17 | Ralph Lauren HQ New Jersey | 1.9% | MSBNA | MSMCH | $13,000,000 | $13,000,000 | $13,000,000 | $223.51 | Acquisition | Laulima Capital Investors, LLC |
Loan | 18 | The Court at Hamilton | 1.9% | MSBNA | MSMCH | $12,960,000 | $12,960,000 | $12,960,000 | $66.77 | Acquisition | Anthony Grosso; Christopher Palermo | |
Loan | 19 | Gleneagles Shopping Center | 1.7% | MSBNA | MSMCH | $12,000,000 | $12,000,000 | $10,457,065 | $301.59 | Refinance | US Property Trust | |
Loan | 6,7,9 | 20 | Walgreens & Dollar General Portfolio | 1.5% | Barclays Capital Real Estate Inc. | Barclays Capital Real Estate Inc. | $10,673,000 | $10,673,000 | $8,447,919 | $146.10 | Acquisition | Erik Conrad |
Property | 20.01 | Walgreens, Excelsior Springs, MO | 0.5% | Barclays Capital Real Estate Inc. | Barclays Capital Real Estate Inc. | $3,400,000 | $3,400,000 | $2,691,176 | ||||
Property | 20.02 | Walgreens, Kilmarnock, VA | 0.5% | Barclays Capital Real Estate Inc. | Barclays Capital Real Estate Inc. | $3,375,000 | $3,375,000 | $2,671,388 | ||||
Property | 20.03 | Dollar General, Cynthiana, KY | 0.1% | Barclays Capital Real Estate Inc. | Barclays Capital Real Estate Inc. | $865,000 | $865,000 | $684,667 | ||||
Property | 20.04 | Dollar General, Fairview, KY | 0.1% | Barclays Capital Real Estate Inc. | Barclays Capital Real Estate Inc. | $795,000 | $795,000 | $629,260 | ||||
Property | 20.05 | Dollar General, Wheatland, MO | 0.1% | Barclays Capital Real Estate Inc. | Barclays Capital Real Estate Inc. | $780,000 | $780,000 | $617,387 | ||||
Property | 20.06 | Dollar General, Parkers Lake, KY | 0.1% | Barclays Capital Real Estate Inc. | Barclays Capital Real Estate Inc. | $738,000 | $738,000 | $584,144 | ||||
Property | 20.07 | Dollar General, London, KY | 0.1% | Barclays Capital Real Estate Inc. | Barclays Capital Real Estate Inc. | $720,000 | $720,000 | $569,896 | ||||
Loan | 6,9 | 21 | BC Storage Portfolio | 1.4% | MSBNA | MSMCH | $9,500,000 | $9,500,000 | $8,173,779 | $53.81 | Refinance | Brian Hood |
Property | 21.01 | Burns | 0.9% | MSBNA | MSMCH | $6,107,000 | $6,107,000 | $5,254,449 | ||||
Property | 21.02 | White Bluff | 0.3% | MSBNA | MSMCH | $2,060,000 | $2,060,000 | $1,772,419 | ||||
Property | 21.03 | Dickson | 0.2% | MSBNA | MSMCH | $1,333,000 | $1,333,000 | $1,146,910 | ||||
Loan | 9 | 22 | 514 West 211th Street | 1.4% | MSBNA | MSMCH | $9,400,000 | $9,400,000 | $9,400,000 | $118,987.34 | Refinance | Shapour Sohayegh; Hooshang Sohayegh; Behrooz Farhadian |
Loan | 9,17 | 23 | 51 Columbia | 1.2% | CCRE | SMC | $8,425,000 | $8,425,000 | $8,425,000 | $245.63 | Acquisition | Jeff Pori |
Loan | 9 | 24 | 89-16 175 Street | 1.2% | MSBNA | MSMCH | $8,400,000 | $8,400,000 | $8,400,000 | $152,727.27 | Refinance | Martin Scharf; Richard Scharf |
Loan | 25 | Independence Plaza | 1.1% | Barclays Capital Real Estate Inc. | Barclays Capital Real Estate Inc. | $7,850,000 | $7,850,000 | $7,850,000 | $99.08 | Refinance | Roseanna C. Richards | |
Loan | 7 | 26 | 14741 Memorial Drive | 1.0% | MSBNA | MSMCH | $6,675,000 | $6,675,000 | $6,675,000 | $212.86 | Acquisition | Adam Soffar; Robert Naggar |
Loan | 18 | 27 | Carbon 550 | 0.9% | AREF | AREF | $6,552,462 | $6,552,462 | $6,552,462 | $131,049.24 | Acquisition | Thomas Stults |
Loan | 28 | 9177 Ridgetop | 0.9% | SMC | SMC | $6,300,000 | $6,300,000 | $6,300,000 | $378.90 | Refinance | Michael Brown; Pankaj Sharma; Laurie Sharma | |
Loan | 12 | 29 | 555 Grand Street | 0.9% | SMC | SMC | $6,250,000 | $6,250,000 | $6,250,000 | $520,833.33 | Refinance | Joel Schwartz; Shaindy Schwartz |
Loan | 30 | 96 Bedford Avenue | 0.9% | SMC | SMC | $5,900,000 | $5,900,000 | $5,900,000 | $737,500.00 | Refinance | Joel Schwartz; Shaindy Schwartz | |
Loan | 31 | Shops at Oak Forest | 0.7% | MSBNA | MSMCH | $5,100,000 | $5,100,000 | $5,100,000 | $226.32 | Refinance | Crescere Capital, LLP | |
Loan | 9 | 32 | Sparta Self Storage | 0.6% | SMC | SMC | $4,455,000 | $4,455,000 | $4,070,419 | $125.76 | Acquisition | Jason Lami; Samir Mistry |
Loan | 33 | Walden Court Apartments | 0.6% | MSBNA | MSMCH | $4,300,000 | $4,300,000 | $3,705,245 | $29,861.11 | Refinance | James L. Morgan Jr. | |
Loan | 6,8 | 34 | Pangea 24 | 0.6% | SMC | SMC | $4,260,000 | $4,260,000 | $4,260,000 | $44,842.11 | Recapitalization | Pangea Properties |
Property | 34.01 | 109 North Laramie Avenue | 0.2% | SMC | SMC | $1,319,226 | $1,319,226 | $1,319,226 | ||||
Property | 34.02 | 5125 North Madison Street | 0.1% | SMC | SMC | $742,065 | $742,065 | $742,065 | ||||
Property | 34.03 | 4641 West Jackson Boulevard | 0.1% | SMC | SMC | $728,323 | $728,323 | $728,323 | ||||
Property | 34.04 | 8001 South Muskegon Avenue | 0.1% | SMC | SMC | $714,581 | $714,581 | $714,581 | ||||
Property | 34.05 | 8935 South Dauphin Avenue | 0.1% | SMC | SMC | $480,968 | $480,968 | $480,968 | ||||
Property | 34.06 | 15210 Chicago Road | 0.0% | SMC | SMC | $274,839 | $274,839 | $274,839 | ||||
Loan | 35 | Fed Ex Mt. Pleasant | 0.6% | Barclays Capital Real Estate Inc. | Barclays Capital Real Estate Inc. | $4,200,000 | $4,200,000 | $4,200,000 | $156.63 | Acquisition | Wei Liu | |
Loan | 36 | 600 University Office | 0.6% | SMC | SMC | $3,900,000 | $3,900,000 | $3,211,327 | $101.30 | Refinance | Justin A. Beck; James S. Taylor; Samuel E. Luker, Jr. | |
Loan | 9 | 37 | Walgreens Charlotte, NC | 0.5% | MSBNA | MSMCH | $3,500,000 | $3,500,000 | $3,500,000 | $241.55 | Acquisition | J. Randolph Cassidy |
Loan | 38 | Hunter Ridge | 0.5% | SMC | SMC | $3,450,000 | $3,450,000 | $3,013,636 | $44,230.77 | Refinance | W. Michael James | |
Loan | 39 | Hannah Del Estate MHC | 0.5% | SMC | SMC | $3,200,000 | $3,200,000 | $2,592,732 | $48,484.85 | Refinance | Mark C. Rose | |
Loan | 9 | 40 | Fresenius Las Vegas | 0.4% | MSBNA | MSMCH | $3,000,000 | $3,000,000 | $3,000,000 | $287.05 | Acquisition | Persis Corporation |
Loan | 41 | Walgreens Sycamore | 0.4% | Barclays Capital Real Estate Inc. | Barclays Capital Real Estate Inc. | $3,000,000 | $3,000,000 | $3,000,000 | $198.41 | Acquisition | Paolo Colletti; Deanna Colletti | |
Loan | 42 | A1A Stow-A-Way Self Storage | 0.4% | SMC | SMC | $2,750,000 | $2,750,000 | $2,750,000 | $63.88 | Refinance | Paul E. Davis; Todd C. Marshall; Craig S. Marshall | |
Loan | 9 | 43 | Sentry Self Storage | 0.3% | MSBNA | MSMCH | $2,025,000 | $2,025,000 | $1,634,795 | $39.00 | Refinance | Travis T. Mack |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Non-Recourse Carveout Guarantor | No. of Properties | General Property Type | Detailed Property Type | Title Type | Ground Lease Initial Lease Expiration Date | Hotel Franchise Agreement Expiration Date | Address | |
Loan | 5,7,8,9,10,11 | 1 | The Liz | Ron Kaplan; Andrew Altman | 1 | Mixed Use | Office/Multifamily/Retail | Fee | N/A | N/A | 1711 14th Street Northwest | |
Loan | 2 | Bayview Corporate Tower | TCM Bayview LLC; Somerset Real Estate Opportunity Fund II, LP; Benjamin Adams; Greggory L. Belzberg | 1 | Office | Suburban | Fee | N/A | N/A | 6451 North Federal Highway | ||
Loan | 6,7,12 | 3 | FTERE Bronx Portfolio 5 | Richard Timberger | 5 | |||||||
Property | 3.01 | 3031 & 3041 Holland Avenue | Multifamily | Mid Rise | Fee | N/A | N/A | 3031 & 3041 Holland Avenue | ||||
Property | 3.02 | 610 Trinity Avenue | Multifamily | Mid Rise | Fee | N/A | N/A | 610 Trinity Avenue | ||||
Property | 3.03 | 2770-2780 Kingsbridge Terrace | Multifamily | Mid Rise | Fee | N/A | N/A | 2770-2780 Kingsbridge Terrace | ||||
Property | 3.04 | 1787-1791 Walton Avenue | Multifamily | Mid Rise | Fee | N/A | N/A | 1787-1791 Walton Avenue | ||||
Property | 3.05 | 75 West 190th Street | Multifamily | Mid Rise | Fee | N/A | N/A | 75 West 190th Street | ||||
Loan | 6,12 | 4 | Texas Multifamily Portfolio | Gary W. Gates, Jr. | 4 | |||||||
Property | 4.01 | The Presidio Apartments | Multifamily | Garden | Fee | N/A | N/A | 16201 El Camino Real | ||||
Property | 4.02 | Ravenwood Apartments | Multifamily | Garden | Fee | N/A | N/A | 7964 Amelia Road | ||||
Property | 4.03 | Laguna Azul Apartments | Multifamily | Garden | Fee | N/A | N/A | 1200 Northwood Street | ||||
Property | 4.04 | Pebble Walk Apartments | Multifamily | Garden | Fee | N/A | N/A | 8500 Broadway Street | ||||
Loan | 5,8,13,14 | 5 | 525 Market Street | N/A | 1 | Office | CBD | Fee | N/A | N/A | 525 Market Street | |
Loan | 5,8,15,16 | 6 | Bellagio Hotel and Casino | BREIT Operating Partnership L.P. | 1 | Hospitality | Full Service | Fee/Leasehold | 4/27/2033 | N/A | 3600 South Las Vegas Boulevard | |
Loan | 6,7 | 7 | 3210 Riverdale Avenue & 1616 Amsterdam Avenue | Ben Hadar | 2 | |||||||
Property | 7.01 | 3210 Riverdale Avenue | Multifamily | High Rise | Fee | N/A | N/A | 3210 Riverdale Avenue | ||||
Property | 7.02 | 1616 Amsterdam Avenue | Mixed Use | Multifamily/Retail | Fee | N/A | N/A | 1616 Amsterdam Avenue | ||||
Loan | 8,9 | 8 | UHG Optum Health Campus | Virtus Real Estate Enhanced Core, LP | 1 | Office | Suburban | Fee | N/A | N/A | 13625 & 13675 Technology Drive | |
Loan | 9 | 235 Canal Street | Alexander Chu; Irene Chu | 1 | Mixed Use | Office/Retail | Fee | N/A | N/A | 235 Canal Street | ||
Loan | 5,6,7 | 10 | Bushwick Multifamily Portfolio | Jacob Kohn; Abraham Kohn | 7 | |||||||
Property | 10.01 | 276 Nostrand Avenue | Mixed Use | Multifamily/Retail | Fee | N/A | N/A | 276 Nostrand Avenue | ||||
Property | 10.02 | 70 Bushwick Avenue | Multifamily | Mid Rise | Fee | N/A | N/A | 70 Bushwick Avenue | ||||
Property | 10.03 | 894 Bushwick Avenue | Multifamily | Mid Rise | Fee | N/A | N/A | 894 Bushwick Avenue | ||||
Property | 10.04 | 679 Grand Street | Mixed Use | Multifamily/Retail | Fee | N/A | N/A | 679 Grand Street | ||||
Property | 10.05 | 735 & 737 Bushwick Avenue | Multifamily | Mid Rise | Fee | N/A | N/A | 735 & 737 Bushwick Avenue | ||||
Property | 10.06 | 17 Troutman Street | Multifamily | Mid Rise | Fee | N/A | N/A | 17 Troutman Street | ||||
Property | 10.07 | 934 Lafayette Avenue | Multifamily | Mid Rise | Fee | N/A | N/A | 934 Lafayette Avenue | ||||
Loan | 8,9 | 11 | Palms at Cinco Ranch | Winco, L.L.C. | 1 | Multifamily | Garden | Fee | N/A | N/A | 23600 Farm to Market 1093 | |
Loan | 5 | 12 | HPE Campus | Apex Capital Investments Corporation | 1 | Office | Suburban | Fee | N/A | N/A | 8000-8050 Foothills Boulevard | |
Loan | 13 | Broadway & Thomas | Mark Gabay | 1 | Mixed Use | Office/Retail | Fee | N/A | N/A | 3303-3327 North Broadway | ||
Loan | 6,9 | 14 | New Haven Multifamily Portfolio | Toby Hecht | 6 | |||||||
Property | 14.01 | Chapel Street and Sherman Avenue | Multifamily | Low Rise | Fee | N/A | N/A | 1375 Chapel Street, 1401 & 1403-1405 Chapel Street, 1447 Chapel Street and 120 Sherman Avenue | ||||
Property | 14.02 | Howe Street and Lynwood Place | Multifamily | Low Rise | Fee | N/A | N/A | 17-19 Howe Street, 19-21 Lynwood Place, & 37-39 Lynwood Place | ||||
Property | 14.03 | Ellsworth Avenue | Multifamily | Low Rise | Fee | N/A | N/A | 224-226 Ellsworth Avenue | ||||
Property | 14.04 | Colby Court | Multifamily | Low Rise | Fee | N/A | N/A | 1, 2, 18, and 21 Colby Court | ||||
Property | 14.05 | Park Street and Elm Street | Multifamily | Low Rise | Fee | N/A | N/A | 165, 166 Park Street and 350 Elm Street | ||||
Property | 14.06 | Bradley Street and Trumbull Street | Multifamily | Low Rise | Fee | N/A | N/A | 189-191 Bradley Street, 42 Trumbull Street, & 60-62, 66 Trumbull Street | ||||
Loan | 15 | Katella Corporate Center | Steven E. Wise | 1 | Office | Suburban | Fee | N/A | N/A | 4281 Katella Avenue | ||
Loan | 6,7,12 | 16 | Bronx Multifamily Portfolio V | Ryan Morgan | 2 | |||||||
Property | 16.01 | 1901 Grand Concourse | Multifamily | Mid Rise | Fee | N/A | N/A | 1901 Grand Concourse | ||||
Property | 16.02 | 667 East 232nd Street | Multifamily | Mid Rise | Fee | N/A | N/A | 667 East 232nd Street | ||||
Loan | 5 | 17 | Ralph Lauren HQ New Jersey | N/A | 1 | Office | Single Tenant | Fee | N/A | N/A | 100 Metro Boulevard | |
Loan | 18 | The Court at Hamilton | Anthony Grosso; Christopher Palermo | 1 | Retail | Anchored | Fee | N/A | N/A | 1688-1770 Nottingham Way | ||
Loan | 19 | Gleneagles Shopping Center | US Property Trust South America LLC | 1 | Retail | Shadow Anchored | Fee | N/A | N/A | 5930 West Park Boulevard | ||
Loan | 6,7,9 | 20 | Walgreens & Dollar General Portfolio | Erik Conrad | 7 | |||||||
Property | 20.01 | Walgreens, Excelsior Springs, MO | Retail | Single Tenant | Fee | N/A | N/A | 1718 West Jesse James Road | ||||
Property | 20.02 | Walgreens, Kilmarnock, VA | Retail | Single Tenant | Fee | N/A | N/A | 573 North Main Street | ||||
Property | 20.03 | Dollar General, Cynthiana, KY | Retail | Single Tenant | Fee | N/A | N/A | 25 Blackburn Road | ||||
Property | 20.04 | Dollar General, Fairview, KY | Retail | Single Tenant | Fee | N/A | N/A | 11074 Wilderness Road | ||||
Property | 20.05 | Dollar General, Wheatland, MO | Retail | Single Tenant | Fee | N/A | N/A | 22017 County Road 271 | ||||
Property | 20.06 | Dollar General, Parkers Lake, KY | Retail | Single Tenant | Fee | N/A | N/A | 36 PP Walker Lane | ||||
Property | 20.07 | Dollar General, London, KY | Retail | Single Tenant | Fee | N/A | N/A | 5417 West Laurel Road | ||||
Loan | 6,9 | 21 | BC Storage Portfolio | Brian Hood | 3 | |||||||
Property | 21.01 | Burns | Self Storage | Self Storage | Fee | N/A | N/A | 3016 Highway 70 East | ||||
Property | 21.02 | White Bluff | Self Storage | Self Storage | Fee | N/A | N/A | 411 Ellington Way | ||||
Property | 21.03 | Dickson | Self Storage | Self Storage | Fee | N/A | N/A | 2073 Highway 70 West | ||||
Loan | 9 | 22 | 514 West 211th Street | Shapour Sohayegh; Hooshang Sohayegh; Behrooz Farhadian | 1 | Multifamily | Mid Rise | Fee | N/A | N/A | 514 West 211th Street | |
Loan | 9,17 | 23 | 51 Columbia | Jeff Pori | 1 | Office | Suburban | Fee | N/A | N/A | 51 Columbia | |
Loan | 9 | 24 | 89-16 175 Street | Martin Scharf; Richard Scharf | 1 | Multifamily | Mid Rise | Fee | N/A | N/A | 89-16 175 Street | |
Loan | 25 | Independence Plaza | Roseanna C. Richards | 1 | Mixed Use | Office/Retail | Fee | N/A | N/A | 1601 Concord Pike | ||
Loan | 7 | 26 | 14741 Memorial Drive | Adam Soffar; Robert Naggar | 1 | Retail | Unanchored | Fee | N/A | N/A | 14741-14785 Memorial Drive | |
Loan | 18 | 27 | Carbon 550 | Thomas Stults | 1 | Multifamily | Mid Rise | Fee | N/A | N/A | 550 Watson Powell Junior Way | |
Loan | 28 | 9177 Ridgetop | Michael Brown; Pankaj Sharma; Laurie Sharma | 1 | Office | Medical | Fee | N/A | N/A | 9177 Ridgetop Boulevard Northwest | ||
Loan | 12 | 29 | 555 Grand Street | Joel Schwartz; Shaindy Schwartz | 1 | Multifamily | Mid Rise | Fee | N/A | N/A | 555 Grand Street | |
Loan | 30 | 96 Bedford Avenue | Joel Schwartz; Shaindy Schwartz | 1 | Multifamily | Low Rise | Fee | N/A | N/A | 96 Bedford Avenue | ||
Loan | 31 | Shops at Oak Forest | Christopher A. Hotze | 1 | Retail | Shadow Anchored | Fee | N/A | N/A | 1202 West 43rd Street | ||
Loan | 9 | 32 | Sparta Self Storage | Jason Lami; Samir Mistry | 1 | Self Storage | Self Storage | Fee | N/A | N/A | 19 and 32 White Lake Road | |
Loan | 33 | Walden Court Apartments | Walden Court of Delaware, LLC | 1 | Multifamily | Garden | Fee | N/A | N/A | 9115 Olmsted Drive | ||
Loan | 6,8 | 34 | Pangea 24 | Pangea Properties | 6 | |||||||
Property | 34.01 | 109 North Laramie Avenue | Multifamily | Low Rise | Fee | N/A | N/A | 109 North Laramie Avenue | ||||
Property | 34.02 | 5125 North Madison Street | Multifamily | Low Rise | Fee | N/A | N/A | 5125 North Madison Street | ||||
Property | 34.03 | 4641 West Jackson Boulevard | Multifamily | Low Rise | Fee | N/A | N/A | 4641 West Jackson Boulevard | ||||
Property | 34.04 | 8001 South Muskegon Avenue | Multifamily | Low Rise | Fee | N/A | N/A | 8001 South Muskegon Avenue | ||||
Property | 34.05 | 8935 South Dauphin Avenue | Multifamily | Low Rise | Fee | N/A | N/A | 8935 South Dauphin Avenue | ||||
Property | 34.06 | 15210 Chicago Road | Multifamily | Low Rise | Fee | N/A | N/A | 15210 Chicago Road | ||||
Loan | 35 | Fed Ex Mt. Pleasant | Wei Liu | 1 | Industrial | Warehouse | Fee | N/A | N/A | 217 East View Drive | ||
Loan | 36 | 600 University Office | Justin A. Beck; James S. Taylor; Samuel E. Luker, Jr. | 1 | Office | Suburban | Fee | N/A | N/A | 600 University Office Boulevard | ||
Loan | 9 | 37 | Walgreens Charlotte, NC | J. Randolph Cassidy | 1 | Retail | Single Tenant | Fee | N/A | N/A | 1510 Sardis Road North | |
Loan | 38 | Hunter Ridge | W. Michael James | 1 | Multifamily | Garden | Fee | N/A | N/A | 250 North East Street | ||
Loan | 39 | Hannah Del Estate MHC | Mark C. Rose | 1 | Manufactured Housing | Manufactured Housing | Fee | N/A | N/A | 2605-2696 Atticus Way, 2510-2692 Janelle Way and 714 Klamath Court | ||
Loan | 9 | 40 | Fresenius Las Vegas | Persis Corporation | 1 | Office | Medical | Fee | N/A | N/A | 255 East Warm Springs Road | |
Loan | 41 | Walgreens Sycamore | Paolo Colletti; Deanna Colletti | 1 | Retail | Single Tenant | Fee | N/A | N/A | 1340 DeKalb Avenue | ||
Loan | 42 | A1A Stow-A-Way Self Storage | Paul E. Davis; Todd C. Marshall; Craig S. Marshall | 1 | Self Storage | Self Storage | Fee | N/A | N/A | 96280 David Hallman Parkway | ||
Loan | 9 | 43 | Sentry Self Storage | Travis T. Mack | 1 | Self Storage | Self Storage | Fee | N/A | N/A | 6551 Southeast 110th Street |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | City | County | State | Zip Code | Year Built | Year Renovated | Size | Units of Measure | Occupancy Rate(2) | Occupancy Rate As-of Date | Appraised Value | Appraised Value As-of Date | Mortgage Rate | Administrative Fee Rate(3) | Master Servicing Fee Rate | Primary Servicing Fee Rate | Pari Passu Loan Primary Servicing Fee Rate | Trustee Fee Rate | Trust Advisor Fee Rate | Asset Representations Reviewer Fee Rate | |
Loan | 5,7,8,9,10,11 | 1 | The Liz | Washington | District of Columbia | DC | 20009 | 2019 | N/A | 140,200 | SF | 93.0% | 6/24/2020 | $140,800,000 | 3/19/2020 | 4.4500% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |
Loan | 2 | Bayview Corporate Tower | Fort Lauderdale | Broward | FL | 33308 | 1973 | 2017-2019 | 413,813 | SF | 86.3% | 6/30/2020 | $90,900,000 | 2/5/2020 | 4.5000% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | ||
Loan | 6,7,12 | 3 | FTERE Bronx Portfolio 5 | 382 | Units | 99.5% | $80,100,000 | 3.5800% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |||||||||
Property | 3.01 | 3031 & 3041 Holland Avenue | Bronx | Bronx | NY | 10467 | 1929 | N/A | 111 | Units | 100.0% | 6/5/2020 | $18,400,000 | 12/4/2019 | ||||||||||
Property | 3.02 | 610 Trinity Avenue | Bronx | Bronx | NY | 10455 | 1937 | N/A | 104 | Units | 99.0% | 6/5/2020 | $17,800,000 | 12/4/2019 | ||||||||||
Property | 3.03 | 2770-2780 Kingsbridge Terrace | Bronx | Bronx | NY | 10463 | 1927 | N/A | 71 | Units | 98.6% | 6/5/2020 | $15,400,000 | 12/4/2019 | ||||||||||
Property | 3.04 | 1787-1791 Walton Avenue | Bronx | Bronx | NY | 10453 | 2003 | N/A | 47 | Units | 100.0% | 6/5/2020 | $14,300,000 | 12/4/2019 | ||||||||||
Property | 3.05 | 75 West 190th Street | Bronx | Bronx | NY | 10468 | 1928 | N/A | 49 | Units | 100.0% | 6/5/2020 | $14,200,000 | 12/4/2019 | ||||||||||
Loan | 6,12 | 4 | Texas Multifamily Portfolio | 1,034 | Units | 91.1% | $82,250,000 | 4.0300% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |||||||||
Property | 4.01 | The Presidio Apartments | Houston | Harris | TX | 77062 | 1968 | 2018 | 313 | Units | 95.2% | 6/30/2020 | $28,400,000 | 2/14/2020 | ||||||||||
Property | 4.02 | Ravenwood Apartments | Houston | Harris | TX | 77055 | 1969 | 2019 | 234 | Units | 88.0% | 6/30/2020 | $23,100,000 | 2/14/2020 | ||||||||||
Property | 4.03 | Laguna Azul Apartments | Baytown | Harris | TX | 77521 | 1976 | 2018 | 259 | Units | 86.1% | 6/30/2020 | $15,000,000 | 2/14/2020 | ||||||||||
Property | 4.04 | Pebble Walk Apartments | Houston | Harris | TX | 77061 | 1974 | 2018 | 228 | Units | 94.3% | 6/30/2020 | $13,300,000 | 2/14/2020 | ||||||||||
Loan | 5,8,13,14 | 5 | 525 Market Street | San Francisco | San Francisco | CA | 94105 | 1973 | 2018 | 1,034,170 | SF | 97.3% | 12/4/2019 | $1,271,000,000 | 11/12/2019 | 2.9495% | 0.01741% | 0.00250% | 0.00000% | 0.00125% | 0.01078% | 0.00202% | 0.00036% | |
Loan | 5,8,15,16 | 6 | Bellagio Hotel and Casino | Las Vegas | Clark | NV | 89109 | 1997 | 2019 | 3,933 | Rooms | 94.8% | 9/30/2019 | $4,260,000,000 | 10/16/2019 | 3.1702% | 0.01741% | 0.00250% | 0.00000% | 0.00125% | 0.01078% | 0.00202% | 0.00036% | |
Loan | 6,7 | 7 | 3210 Riverdale Avenue & 1616 Amsterdam Avenue | 106 | Units | 97.2% | $50,000,000 | 3.7660% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |||||||||
Property | 7.01 | 3210 Riverdale Avenue | New York | Bronx | NY | 10463 | 2012 | N/A | 48 | Units | 100.0% | 7/1/2020 | $26,500,000 | 12/23/2019 | ||||||||||
Property | 7.02 | 1616 Amsterdam Avenue | New York | New York | NY | 10031 | 1916 | 1988; 2017 | 58 | Units | 94.8% | 6/30/2020 | $23,500,000 | 12/23/2019 | ||||||||||
Loan | 8,9 | 8 | UHG Optum Health Campus | Eden Prairie | Hennepin | MN | 55344 | 2001 | 2016 | 473,325 | SF | 100.0% | 7/6/2020 | $52,600,000 | 3/20/2020 | 4.0000% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |
Loan | 9 | 235 Canal Street | New York | New York | NY | 10013 | 1920 | 2008 | 38,645 | SF | 53.2% | 1/3/2020 | $61,300,000 | 3/13/2020 | 3.1850% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | ||
Loan | 5,6,7 | 10 | Bushwick Multifamily Portfolio | 117 | Units | 100.0% | $77,150,000 | 3.8700% | 0.01866% | 0.00250% | 0.00000% | 0.00250% | 0.01078% | 0.00202% | 0.00036% | |||||||||
Property | 10.01 | 276 Nostrand Avenue | Brooklyn | Kings | NY | 11205 | 1970 | 2018 | 47 | Units | 100.0% | 5/5/2020 | $29,600,000 | 12/23/2019 | ||||||||||
Property | 10.02 | 70 Bushwick Avenue | Brooklyn | Kings | NY | 11221 | 2016 | N/A | 20 | Units | 100.0% | 5/5/2020 | $13,800,000 | 12/23/2019 | ||||||||||
Property | 10.03 | 894 Bushwick Avenue | Brooklyn | Kings | NY | 11221 | 2015 | N/A | 20 | Units | 100.0% | 5/5/2020 | $11,900,000 | 12/23/2019 | ||||||||||
Property | 10.04 | 679 Grand Street | Brooklyn | Kings | NY | 11221 | 2017 | N/A | 11 | Units | 100.0% | 5/5/2020 | $7,900,000 | 12/23/2019 | ||||||||||
Property | 10.05 | 735 & 737 Bushwick Avenue | Brooklyn | Kings | NY | 11221 | 1899 | 2016 | 7 | Units | 100.0% | 5/5/2020 | $5,850,000 | 12/23/2019 | ||||||||||
Property | 10.06 | 17 Troutman Street | Brooklyn | Kings | NY | 11221 | 1931 | 2014 | 8 | Units | 100.0% | 5/5/2020 | $4,600,000 | 12/23/2019 | ||||||||||
Property | 10.07 | 934 Lafayette Avenue | Brooklyn | Kings | NY | 11221 | 1931 | 2016 | 4 | Units | 100.0% | 5/5/2020 | $3,500,000 | 12/23/2019 | ||||||||||
Loan | 8,9 | 11 | Palms at Cinco Ranch | Richmond | Fort Bend | TX | 77406 | 2006 | N/A | 200 | Units | 92.5% | 6/8/2020 | $33,700,000 | 3/2/2020 | 3.7600% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |
Loan | 5 | 12 | HPE Campus | Roseville | Placer | CA | 95747 | 1981 | 2019 | 447,364 | SF | 100.0% | 7/6/2020 | $103,000,000 | 1/23/2020 | 3.5400% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |
Loan | 13 | Broadway & Thomas | Los Angeles | Los Angeles | CA | 90031 | 2019 | N/A | 51,722 | SF | 96.0% | 1/1/2020 | $31,500,000 | 8/16/2019 | 3.9000% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | ||
Loan | 6,9 | 14 | New Haven Multifamily Portfolio | 240 | Units | 92.9% | $30,300,000 | 4.4500% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |||||||||
Property | 14.01 | Chapel Street and Sherman Avenue | New Haven | New Haven | CT | 06511 | 1900-1969 | N/A | 70 | Units | 97.1% | 6/19/2020 | $7,900,000 | 5/19/2020 | ||||||||||
Property | 14.02 | Howe Street and Lynwood Place | New Haven | New Haven | CT | 06511 | 1880-1975 | N/A | 32 | Units | 93.8% | 6/19/2020 | $5,400,000 | 5/19/2020 | ||||||||||
Property | 14.03 | Ellsworth Avenue | New Haven | New Haven | CT | 06511 | 1927 | N/A | 47 | Units | 97.9% | 6/19/2020 | $5,200,000 | 5/19/2020 | ||||||||||
Property | 14.04 | Colby Court | New Haven | New Haven | CT | 06515 | 1950 | N/A | 34 | Units | 97.1% | 6/19/2020 | $4,400,000 | 5/19/2020 | ||||||||||
Property | 14.05 | Park Street and Elm Street | New Haven | New Haven | CT | 06511 | 1900 | N/A | 31 | Units | 90.3% | 6/19/2020 | $4,200,000 | 5/19/2020 | ||||||||||
Property | 14.06 | Bradley Street and Trumbull Street | New Haven | New Haven | CT | 06511 | 1865 - 1900 | N/A | 26 | Units | 69.2% | 6/19/2020 | $3,200,000 | 5/19/2020 | ||||||||||
Loan | 15 | Katella Corporate Center | Los Alamitos | Orange | CA | 90720 | 1987 | 2017-2019 | 81,216 | SF | 100.0% | 6/4/2020 | $27,000,000 | 2/13/2020 | 3.4000% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | ||
Loan | 6,7,12 | 16 | Bronx Multifamily Portfolio V | 115 | Units | 100.0% | $24,300,000 | 3.5500% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |||||||||
Property | 16.01 | 1901 Grand Concourse | Bronx | Bronx | NY | 10453 | 1954 | N/A | 56 | Units | 100.0% | 2/29/2020 | $11,500,000 | 1/16/2020 | ||||||||||
Property | 16.02 | 667 East 232nd Street | Bronx | Bronx | NY | 10466 | 1929 | N/A | 59 | Units | 100.0% | 2/29/2020 | $12,800,000 | 1/16/2020 | ||||||||||
Loan | 5 | 17 | Ralph Lauren HQ New Jersey | Nutley | Essex | NJ | 07110 | 1996 | 2019 | 255,018 | SF | 100.0% | 7/1/2020 | $96,000,000 | 11/1/2019 | 3.1300% | 0.01866% | 0.00250% | 0.00000% | 0.00250% | 0.01078% | 0.00202% | 0.00036% | |
Loan | 18 | The Court at Hamilton | Hamilton | Mercer | NJ | 08619 | 1971 | 2016 | 194,106 | SF | 99.0% | 2/11/2020 | $19,400,000 | 1/12/2020 | 3.5500% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | ||
Loan | 19 | Gleneagles Shopping Center | Plano | Collin | TX | 75093 | 1999 | N/A | 39,789 | SF | 91.8% | 3/3/2020 | $17,400,000 | 1/29/2020 | 4.2200% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | ||
Loan | 6,7,9 | 20 | Walgreens & Dollar General Portfolio | 73,051 | SF | 100.0% | $16,520,000 | 3.8320% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |||||||||
Property | 20.01 | Walgreens, Excelsior Springs, MO | Excelsior Springs | Clay | MO | 64024 | 2008 | N/A | 14,490 | SF | 100.0% | 7/6/2020 | $5,250,000 | 6/14/2020 | ||||||||||
Property | 20.02 | Walgreens, Kilmarnock, VA | Kilmarnock | Lancaster | VA | 22482 | 2007 | N/A | 14,820 | SF | 100.0% | 7/6/2020 | $5,200,000 | 6/15/2020 | ||||||||||
Property | 20.03 | Dollar General, Cynthiana, KY | Cynthiana | Harrison | KY | 41031 | 2019 | N/A | 9,100 | SF | 100.0% | 7/6/2020 | $1,350,000 | 6/12/2020 | ||||||||||
Property | 20.04 | Dollar General, Fairview, KY | Fairview | Rockcastle | KY | 40403 | 2019 | N/A | 9,100 | SF | 100.0% | 7/6/2020 | $1,245,000 | 6/12/2020 | ||||||||||
Property | 20.05 | Dollar General, Wheatland, MO | Wheatland | Hickory | MO | 65779 | 2020 | N/A | 9,026 | SF | 100.0% | 7/6/2020 | $1,200,000 | 6/15/2020 | ||||||||||
Property | 20.06 | Dollar General, Parkers Lake, KY | Parkers Lake | Mccreary | KY | 42634 | 2019 | N/A | 7,489 | SF | 100.0% | 7/6/2020 | $1,150,000 | 6/12/2020 | ||||||||||
Property | 20.07 | Dollar General, London, KY | London | Laurel | KY | 40741 | 2019 | N/A | 9,026 | SF | 100.0% | 7/6/2020 | $1,125,000 | 6/12/2020 | ||||||||||
Loan | 6,9 | 21 | BC Storage Portfolio | 176,550 | SF | 89.5% | $17,250,000 | 3.6900% | 0.07616% | 0.00250% | 0.06000% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |||||||||
Property | 21.01 | Burns | Burns | Dickson | TN | 37029 | 2007 | 2015 | 111,510 | SF | 94.3% | 5/12/2020 | $9,850,000 | 2/17/2020 | ||||||||||
Property | 21.02 | White Bluff | White Bluff | Dickson | TN | 37187 | 2003 | 2016 | 37,260 | SF | 70.2% | 5/12/2020 | $5,250,000 | 2/2/2020 | ||||||||||
Property | 21.03 | Dickson | Dickson | Dickson | TN | 37055 | 2001 | 2003 | 27,780 | SF | 95.9% | 5/12/2020 | $2,150,000 | 2/17/2020 | ||||||||||
Loan | 9 | 22 | 514 West 211th Street | New York | New York | NY | 10034 | 1928 | 1988 | 79 | Units | 100.0% | 6/1/2020 | $15,200,000 | 6/2/2020 | 2.9900% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |
Loan | 9,17 | 23 | 51 Columbia | Aliso Viejo | Orange | CA | 92656 | 1992 | 2019 | 34,299 | SF | 100.0% | 2/1/2020 | $16,600,000 | 6/25/2020 | 3.7500% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |
Loan | 9 | 24 | 89-16 175 Street | Jamaica | Queens | NY | 11432 | 2008 | N/A | 55 | Units | 100.0% | 6/3/2020 | $12,700,000 | 3/26/2020 | 3.7950% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |
Loan | 25 | Independence Plaza | Wilmington | New Castle | DE | 19803 | 1964 | 2011 | 79,226 | SF | 85.1% | 6/15/2020 | $15,900,000 | 4/23/2020 | 3.7500% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | ||
Loan | 7 | 26 | 14741 Memorial Drive | Houston | Harris | TX | 77079 | 1967-1970 | 2018 | 31,358 | SF | 79.2% | 1/1/2020 | $10,250,000 | 12/20/2019 | 4.3100% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |
Loan | 18 | 27 | Carbon 550 | Des Moines | Polk | IA | 50309 | 2018 | N/A | 50 | Units | 96.0% | 2/18/2020 | $10,350,000 | 1/27/2020 | 3.5000% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |
Loan | 28 | 9177 Ridgetop | Silverdale | Kitsap | WA | 98383 | 2019 | N/A | 16,627 | SF | 89.5% | 3/1/2020 | $10,000,000 | 1/7/2020 | 3.6000% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | ||
Loan | 12 | 29 | 555 Grand Street | Brooklyn | Kings | NY | 11211 | 1920 | 2019 | 12 | Units | 100.0% | 7/1/2020 | $9,800,000 | 1/22/2020 | 3.6300% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |
Loan | 30 | 96 Bedford Avenue | Brooklyn | Kings | NY | 11249 | 1910 | 2017 | 8 | Units | 100.0% | 7/1/2020 | $9,550,000 | 11/26/2019 | 3.6300% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | ||
Loan | 31 | Shops at Oak Forest | Houston | Harris | TX | 77018 | 2008 | N/A | 22,534 | SF | 100.0% | 2/1/2020 | $9,300,000 | 1/15/2020 | 3.6000% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | ||
Loan | 9 | 32 | Sparta Self Storage | Sparta | Sussex | NJ | 07871 | 1997; 2002 | N/A | 35,425 | SF | 88.4% | 6/30/2020 | $6,880,000 | 6/19/2020 | 4.3000% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |
Loan | 33 | Walden Court Apartments | Charlotte | Mecklenburg | NC | 28262 | 1985 | 2010-2011 | 144 | Units | 95.8% | 6/2/2020 | $17,200,000 | 5/26/2020 | 3.7500% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | ||
Loan | 6,8 | 34 | Pangea 24 | 95 | Units | 97.9% | $7,750,000 | 3.5000% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |||||||||
Property | 34.01 | 109 North Laramie Avenue | Chicago | Cook | IL | 60644 | 1928 | 2019 | 24 | Units | 91.7% | 5/28/2020 | $2,400,000 | 2/4/2020 | ||||||||||
Property | 34.02 | 5125 North Madison Street | Chicago | Cook | IL | 60644 | 1930 | 2019 | 20 | Units | 100.0% | 5/28/2020 | $1,350,000 | 2/4/2020 | ||||||||||
Property | 34.03 | 4641 West Jackson Boulevard | Chicago | Cook | IL | 60644 | 1930 | 2019 | 13 | Units | 100.0% | 5/28/2020 | $1,325,000 | 2/4/2020 | ||||||||||
Property | 34.04 | 8001 South Muskegon Avenue | Chicago | Cook | IL | 60617 | 1928 | 2019 | 19 | Units | 100.0% | 5/28/2020 | $1,300,000 | 2/4/2020 | ||||||||||
Property | 34.05 | 8935 South Dauphin Avenue | Chicago | Cook | IL | 60619 | 1951 | 2019 | 11 | Units | 100.0% | 5/28/2020 | $875,000 | 2/4/2020 | ||||||||||
Property | 34.06 | 15210 Chicago Road | Dolton | Cook | IL | 60419 | 1953 | 2019 | 8 | Units | 100.0% | 5/28/2020 | $500,000 | 2/4/2020 | ||||||||||
Loan | 35 | Fed Ex Mt. Pleasant | Mount Pleasant | Westmoreland | PA | 15666 | 2001 | 2016 | 26,815 | SF | 100.0% | 6/30/2020 | $7,925,000 | 6/2/2020 | 4.1830% | 0.06866% | 0.00250% | 0.05250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | ||
Loan | 36 | 600 University Office | Pensacola | Escambia | FL | 32504 | 1983 | 2018 | 38,498 | SF | 93.2% | 6/24/2020 | $6,900,000 | 4/1/2020 | 4.1000% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | ||
Loan | 9 | 37 | Walgreens Charlotte, NC | Charlotte | Mecklenburg | NC | 28270 | 2005 | N/A | 14,490 | SF | 100.0% | 7/1/2020 | $5,775,000 | 6/1/2020 | 4.1500% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |
Loan | 38 | Hunter Ridge | Plainfield | Hendricks | IN | 46168 | 1971; 1985 | 2019 | 78 | Units | 98.7% | 6/25/2020 | $5,000,000 | 12/12/2019 | 4.3280% | 0.05866% | 0.00250% | 0.04250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | ||
Loan | 39 | Hannah Del Estate MHC | Eugene | Lane | OR | 97404 | 1998 | N/A | 66 | Pads | 100.0% | 6/22/2020 | $6,290,000 | 5/22/2020 | 4.4900% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | ||
Loan | 9 | 40 | Fresenius Las Vegas | Las Vegas | Clark | NV | 89119 | 2000 | 2018 | 10,451 | SF | 100.0% | 7/1/2020 | $5,200,000 | 6/22/2020 | 4.0500% | 0.08616% | 0.00250% | 0.07000% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | |
Loan | 41 | Walgreens Sycamore | Sycamore | DeKalb | IL | 60178 | 2000 | N/A | 15,120 | SF | 100.0% | 6/15/2020 | $4,850,000 | 5/5/2020 | 4.2200% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | ||
Loan | 42 | A1A Stow-A-Way Self Storage | Yulee | Nassau | FL | 32097 | 2007 | 2017 | 43,050 | SF | 94.7% | 5/30/2020 | $5,000,000 | 3/24/2020 | 3.9100% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% | ||
Loan | 9 | 43 | Sentry Self Storage | Belleview | Marion | FL | 34420 | 1948 - 2018 | N/A | 51,917 | SF | 82.0% | 5/21/2020 | $2,700,000 | 5/15/2020 | 4.3900% | 0.01866% | 0.00250% | 0.00250% | 0.00000% | 0.01078% | 0.00202% | 0.00036% |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | CREFC Fee Rate | Interest Accrual Basis | Seasoning (mos.) | ARD (Yes/No) | Original Term to Maturity (mos.) | Remaining Term to Maturity (mos.) | Original Interest-Only Period (mos.) | Remaining Interest-Only Period (mos.) | Original Amortization Term (mos.) | Remaining Amortization Term (mos.) | Note Date | First Payment Date | First P&I Payment Date (Partial IO Loans) | Maturity Date | ARD Loan Final Maturity Date | Monthly Debt Service (P&I) | Monthly Debt Service (IO) | Annual Debt Service (P&I) | Annual Debt Service (IO) | Lockbox Type | Cash Management Status | Crossed With Other Loans |
Loan | 5,7,8,9,10,11 | 1 | The Liz | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 121 | 121 | 0 | 0 | 7/10/2020 | 8/6/2020 | N/A | 8/6/2030 | 8/6/2030 | $0.00 | $225,590.28 | $0.00 | $2,707,083.33 | Hard | Springing | No |
Loan | 2 | Bayview Corporate Tower | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 24 | 24 | 360 | 360 | 7/6/2020 | 8/6/2020 | 8/6/2022 | 7/6/2030 | 7/6/2030 | $296,157.56 | $222,231.77 | $3,553,890.72 | $2,666,781.25 | Hard | Springing | No | |
Loan | 6,7,12 | 3 | FTERE Bronx Portfolio 5 | 0.00050% | Actual/360 | 4 | No | 120 | 116 | 120 | 116 | 0 | 0 | 2/25/2020 | 4/1/2020 | N/A | 3/1/2030 | 3/1/2030 | $0.00 | $163,035.02 | $0.00 | $1,956,420.24 | Springing | Springing | No |
Property | 3.01 | 3031 & 3041 Holland Avenue | |||||||||||||||||||||||
Property | 3.02 | 610 Trinity Avenue | |||||||||||||||||||||||
Property | 3.03 | 2770-2780 Kingsbridge Terrace | |||||||||||||||||||||||
Property | 3.04 | 1787-1791 Walton Avenue | |||||||||||||||||||||||
Property | 3.05 | 75 West 190th Street | |||||||||||||||||||||||
Loan | 6,12 | 4 | Texas Multifamily Portfolio | 0.00050% | Actual/360 | 4 | No | 120 | 116 | 0 | 0 | 360 | 356 | 2/28/2020 | 4/6/2020 | N/A | 3/6/2030 | 3/6/2030 | $255,385.06 | $0.00 | $3,064,620.72 | $0.00 | Springing | Springing | No |
Property | 4.01 | The Presidio Apartments | |||||||||||||||||||||||
Property | 4.02 | Ravenwood Apartments | |||||||||||||||||||||||
Property | 4.03 | Laguna Azul Apartments | |||||||||||||||||||||||
Property | 4.04 | Pebble Walk Apartments | |||||||||||||||||||||||
Loan | 5,8,13,14 | 5 | 525 Market Street | 0.00050% | Actual/360 | 5 | No | 120 | 115 | 120 | 115 | 0 | 0 | 1/29/2020 | 3/6/2020 | N/A | 2/6/2030 | 2/6/2030 | $0.00 | $99,682.18 | $0.00 | $1,196,186.11 | Hard | Springing | No |
Loan | 5,8,15,16 | 6 | Bellagio Hotel and Casino | 0.00050% | Actual/360 | 7 | No | 120 | 113 | 120 | 113 | 0 | 0 | 11/15/2019 | 1/5/2020 | N/A | 12/5/2029 | 12/5/2029 | $0.00 | $104,460.94 | $0.00 | $1,253,531.28 | Hard | Springing | No |
Loan | 6,7 | 7 | 3210 Riverdale Avenue & 1616 Amsterdam Avenue | 0.00050% | Actual/360 | 4 | No | 120 | 116 | 120 | 116 | 0 | 0 | 2/7/2020 | 4/6/2020 | N/A | 3/6/2030 | 3/6/2030 | $0.00 | $103,412.44 | $0.00 | $1,240,949.31 | Springing | Springing | No |
Property | 7.01 | 3210 Riverdale Avenue | |||||||||||||||||||||||
Property | 7.02 | 1616 Amsterdam Avenue | |||||||||||||||||||||||
Loan | 8,9 | 8 | UHG Optum Health Campus | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 121 | 121 | 0 | 0 | 7/10/2020 | 8/6/2020 | N/A | 8/6/2030 | 8/6/2030 | $0.00 | $89,898.15 | $0.00 | $1,078,777.78 | Hard | Springing | No |
Loan | 9 | 235 Canal Street | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 6/30/2020 | 8/1/2020 | N/A | 7/1/2030 | 7/1/2030 | $0.00 | $64,584.72 | $0.00 | $775,016.64 | Springing | Springing | No | |
Loan | 5,6,7 | 10 | Bushwick Multifamily Portfolio | 0.00050% | Actual/360 | 4 | No | 120 | 116 | 120 | 116 | 0 | 0 | 2/26/2020 | 4/6/2020 | N/A | 3/6/2030 | 3/6/2030 | $0.00 | $72,180.65 | $0.00 | $866,167.81 | Springing | Springing | No |
Property | 10.01 | 276 Nostrand Avenue | |||||||||||||||||||||||
Property | 10.02 | 70 Bushwick Avenue | |||||||||||||||||||||||
Property | 10.03 | 894 Bushwick Avenue | |||||||||||||||||||||||
Property | 10.04 | 679 Grand Street | |||||||||||||||||||||||
Property | 10.05 | 735 & 737 Bushwick Avenue | |||||||||||||||||||||||
Property | 10.06 | 17 Troutman Street | |||||||||||||||||||||||
Property | 10.07 | 934 Lafayette Avenue | |||||||||||||||||||||||
Loan | 8,9 | 11 | Palms at Cinco Ranch | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 121 | 121 | 0 | 0 | 7/8/2020 | 8/1/2020 | N/A | 8/1/2030 | 8/1/2030 | $0.00 | $68,302.31 | $0.00 | $819,627.72 | Springing | Springing | No |
Loan | 5 | 12 | HPE Campus | 0.00050% | Actual/360 | 4 | No | 120 | 116 | 120 | 116 | 0 | 0 | 2/21/2020 | 4/6/2020 | N/A | 3/6/2030 | 3/6/2030 | $0.00 | $59,819.44 | $0.00 | $717,833.33 | Hard | Springing | No |
Loan | 13 | Broadway & Thomas | 0.00050% | Actual/360 | 5 | No | 120 | 115 | 120 | 115 | 0 | 0 | 2/5/2020 | 3/6/2020 | N/A | 2/6/2030 | 2/6/2030 | $0.00 | $62,607.64 | $0.00 | $751,291.67 | Hard | Springing | No | |
Loan | 6,9 | 14 | New Haven Multifamily Portfolio | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 37 | 37 | 360 | 360 | 7/9/2020 | 8/1/2020 | 9/1/2023 | 8/1/2030 | 8/1/2030 | $88,150.78 | $65,797.16 | $1,057,809.36 | $789,565.92 | Springing | Springing | No |
Property | 14.01 | Chapel Street and Sherman Avenue | |||||||||||||||||||||||
Property | 14.02 | Howe Street and Lynwood Place | |||||||||||||||||||||||
Property | 14.03 | Ellsworth Avenue | |||||||||||||||||||||||
Property | 14.04 | Colby Court | |||||||||||||||||||||||
Property | 14.05 | Park Street and Elm Street | |||||||||||||||||||||||
Property | 14.06 | Bradley Street and Trumbull Street | |||||||||||||||||||||||
Loan | 15 | Katella Corporate Center | 0.00050% | Actual/360 | 4 | No | 120 | 116 | 120 | 116 | 0 | 0 | 2/28/2020 | 4/6/2020 | N/A | 3/6/2030 | 3/6/2030 | $0.00 | $48,548.38 | $0.00 | $582,580.56 | Springing | Springing | No | |
Loan | 6,7,12 | 16 | Bronx Multifamily Portfolio V | 0.00050% | Actual/360 | 3 | No | 120 | 117 | 120 | 117 | 0 | 0 | 3/6/2020 | 5/1/2020 | N/A | 4/1/2030 | 4/1/2030 | $0.00 | $46,491.03 | $0.00 | $557,892.36 | Springing | Springing | No |
Property | 16.01 | 1901 Grand Concourse | |||||||||||||||||||||||
Property | 16.02 | 667 East 232nd Street | |||||||||||||||||||||||
Loan | 5 | 17 | Ralph Lauren HQ New Jersey | 0.00050% | Actual/360 | 4 | No | 120 | 116 | 120 | 116 | 0 | 0 | 2/7/2020 | 4/1/2020 | N/A | 3/1/2030 | 3/1/2030 | $0.00 | $34,379.28 | $0.00 | $412,551.36 | Hard | In Place | No |
Loan | 18 | The Court at Hamilton | 0.00050% | Actual/360 | 4 | No | 120 | 116 | 120 | 116 | 0 | 0 | 2/26/2020 | 4/1/2020 | N/A | 3/1/2030 | 3/1/2030 | $0.00 | $38,872.50 | $0.00 | $466,470.00 | Springing | Springing | No | |
Loan | 19 | Gleneagles Shopping Center | 0.00050% | Actual/360 | 3 | No | 120 | 117 | 36 | 33 | 360 | 360 | 3/11/2020 | 5/1/2020 | 5/1/2023 | 4/1/2030 | 4/1/2030 | $58,822.22 | $42,786.11 | $705,866.64 | $513,433.32 | Springing | Springing | No | |
Loan | 6,7,9 | 20 | Walgreens & Dollar General Portfolio | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 1 | 1 | 360 | 360 | 7/8/2020 | 8/6/2020 | 9/6/2020 | 8/6/2030 | 8/6/2030 | $49,926.25 | $34,555.81 | $599,115.00 | $414,669.77 | Hard | Springing | No |
Property | 20.01 | Walgreens, Excelsior Springs, MO | |||||||||||||||||||||||
Property | 20.02 | Walgreens, Kilmarnock, VA | |||||||||||||||||||||||
Property | 20.03 | Dollar General, Cynthiana, KY | |||||||||||||||||||||||
Property | 20.04 | Dollar General, Fairview, KY | |||||||||||||||||||||||
Property | 20.05 | Dollar General, Wheatland, MO | |||||||||||||||||||||||
Property | 20.06 | Dollar General, Parkers Lake, KY | |||||||||||||||||||||||
Property | 20.07 | Dollar General, London, KY | |||||||||||||||||||||||
Loan | 6,9 | 21 | BC Storage Portfolio | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 36 | 36 | 360 | 360 | 7/1/2020 | 8/1/2020 | 8/1/2023 | 7/1/2030 | 7/1/2030 | $43,673.17 | $29,618.23 | $524,078.04 | $355,418.76 | Springing | Springing | No |
Property | 21.01 | Burns | |||||||||||||||||||||||
Property | 21.02 | White Bluff | |||||||||||||||||||||||
Property | 21.03 | Dickson | |||||||||||||||||||||||
Loan | 9 | 22 | 514 West 211th Street | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 121 | 121 | 0 | 0 | 7/8/2020 | 8/1/2020 | N/A | 8/1/2030 | 8/1/2030 | $0.00 | $23,746.97 | $0.00 | $284,963.64 | Springing | Springing | No |
Loan | 9,17 | 23 | 51 Columbia | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 121 | 121 | 0 | 0 | 7/7/2020 | 8/1/2020 | N/A | 8/1/2030 | 8/1/2030 | $0.00 | $26,693.79 | $0.00 | $320,325.52 | Hard | Springing | No |
Loan | 9 | 24 | 89-16 175 Street | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 121 | 121 | 0 | 0 | 7/7/2020 | 8/1/2020 | N/A | 8/1/2030 | 8/1/2030 | $0.00 | $26,933.96 | $0.00 | $323,207.52 | Springing | Springing | No |
Loan | 25 | Independence Plaza | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 7/8/2020 | 8/6/2020 | N/A | 7/6/2030 | 7/6/2030 | $0.00 | $24,871.96 | $0.00 | $298,463.54 | Springing | Springing | No | |
Loan | 7 | 26 | 14741 Memorial Drive | 0.00050% | Actual/360 | 5 | No | 120 | 115 | 120 | 115 | 0 | 0 | 1/28/2020 | 3/1/2020 | N/A | 2/1/2030 | 2/1/2030 | $0.00 | $24,307.35 | $0.00 | $291,688.20 | Springing | Springing | No |
Loan | 18 | 27 | Carbon 550 | 0.00050% | Actual/360 | 4 | No | 120 | 116 | 120 | 116 | 0 | 0 | 3/3/2020 | 4/6/2020 | N/A | 3/6/2030 | 3/6/2030 | $0.00 | $19,376.78 | $0.00 | $232,521.39 | Springing | Springing | No |
Loan | 28 | 9177 Ridgetop | 0.00050% | Actual/360 | 4 | No | 120 | 116 | 120 | 116 | 0 | 0 | 3/2/2020 | 4/6/2020 | N/A | 3/6/2030 | 3/6/2030 | $0.00 | $19,162.50 | $0.00 | $229,950.00 | Hard | In Place | No | |
Loan | 12 | 29 | 555 Grand Street | 0.00050% | Actual/360 | 5 | No | 120 | 115 | 120 | 115 | 0 | 0 | 2/4/2020 | 3/6/2020 | N/A | 2/6/2030 | 2/6/2030 | $0.00 | $19,168.84 | $0.00 | $230,026.04 | Springing | Springing | No |
Loan | 30 | 96 Bedford Avenue | 0.00050% | Actual/360 | 4 | No | 120 | 116 | 120 | 116 | 0 | 0 | 2/14/2020 | 4/6/2020 | N/A | 3/6/2030 | 3/6/2030 | $0.00 | $18,095.38 | $0.00 | $217,144.58 | Springing | Springing | No | |
Loan | 31 | Shops at Oak Forest | 0.00050% | Actual/360 | 3 | No | 120 | 117 | 120 | 117 | 0 | 0 | 3/6/2020 | 5/1/2020 | N/A | 4/1/2030 | 4/1/2030 | $0.00 | $15,512.50 | $0.00 | $186,150.00 | Springing | Springing | No | |
Loan | 9 | 32 | Sparta Self Storage | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 61 | 61 | 360 | 360 | 7/7/2020 | 8/6/2020 | 9/6/2025 | 8/6/2030 | 8/6/2030 | $22,046.52 | $16,185.47 | $264,558.24 | $194,225.63 | Springing | Springing | No |
Loan | 33 | Walden Court Apartments | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 36 | 36 | 360 | 360 | 6/30/2020 | 8/1/2020 | 8/1/2023 | 7/1/2030 | 7/1/2030 | $19,913.97 | $13,624.13 | $238,967.64 | $163,489.56 | Springing | Springing | No | |
Loan | 6,8 | 34 | Pangea 24 | 0.00050% | Actual/360 | 3 | No | 120 | 117 | 120 | 117 | 0 | 0 | 3/11/2020 | 5/6/2020 | N/A | 4/6/2030 | 4/6/2030 | $0.00 | $12,597.57 | $0.00 | $151,170.83 | N/A | N/A | No |
Property | 34.01 | 109 North Laramie Avenue | |||||||||||||||||||||||
Property | 34.02 | 5125 North Madison Street | |||||||||||||||||||||||
Property | 34.03 | 4641 West Jackson Boulevard | |||||||||||||||||||||||
Property | 34.04 | 8001 South Muskegon Avenue | |||||||||||||||||||||||
Property | 34.05 | 8935 South Dauphin Avenue | |||||||||||||||||||||||
Property | 34.06 | 15210 Chicago Road | |||||||||||||||||||||||
Loan | 35 | Fed Ex Mt. Pleasant | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 7/2/2020 | 8/6/2020 | N/A | 7/6/2030 | 7/6/2030 | $0.00 | $14,843.84 | $0.00 | $178,126.08 | Hard | Springing | No | |
Loan | 36 | 600 University Office | 0.00050% | Actual/360 | 3 | No | 120 | 117 | 12 | 9 | 360 | 360 | 3/12/2020 | 5/6/2020 | 5/6/2021 | 4/6/2030 | 4/6/2030 | $18,844.74 | $13,510.07 | $226,136.88 | $162,120.83 | Springing | Springing | No | |
Loan | 9 | 37 | Walgreens Charlotte, NC | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 121 | 121 | 0 | 0 | 7/2/2020 | 8/1/2020 | N/A | 8/1/2030 | 8/1/2030 | $0.00 | $12,272.28 | $0.00 | $147,267.36 | Springing | Springing | No |
Loan | 38 | Hunter Ridge | 0.00050% | Actual/360 | 5 | No | 120 | 115 | 36 | 31 | 360 | 360 | 1/22/2020 | 3/6/2020 | 3/6/2023 | 2/6/2030 | 2/6/2030 | $17,129.83 | $12,615.82 | $205,557.96 | $151,389.83 | Springing | Springing | No | |
Loan | 39 | Hannah Del Estate MHC | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 0 | 0 | 360 | 360 | 6/26/2020 | 8/6/2020 | N/A | 7/6/2030 | 7/6/2030 | $16,194.92 | $0.00 | $194,339.04 | $0.00 | Springing | Springing | No | |
Loan | 9 | 40 | Fresenius Las Vegas | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 121 | 121 | 0 | 0 | 7/2/2020 | 8/1/2020 | N/A | 8/1/2030 | 8/1/2030 | $0.00 | $10,265.63 | $0.00 | $123,187.56 | Springing | Springing | No |
Loan | 41 | Walgreens Sycamore | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 6/23/2020 | 8/6/2020 | N/A | 7/6/2030 | 7/6/2030 | $0.00 | $10,696.53 | $0.00 | $128,358.33 | Hard | In Place | No | |
Loan | 42 | A1A Stow-A-Way Self Storage | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 6/18/2020 | 8/6/2020 | N/A | 7/6/2030 | 7/6/2030 | $0.00 | $9,084.87 | $0.00 | $109,018.40 | N/A | N/A | No | |
Loan | 9 | 43 | Sentry Self Storage | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 1 | 1 | 360 | 360 | 7/7/2020 | 8/1/2020 | 9/1/2020 | 8/1/2030 | 8/1/2030 | $10,128.45 | $7,511.02 | $121,541.40 | $90,132.24 | Springing | Springing | No |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Related-Borrower Loans | UW NOI DSCR (P&I) | UW NOI DSCR (IO) | UW NCF DSCR (P&I) | UW NCF DSCR (IO) | Cut-Off Date LTV Ratio | Maturity Date LTV Ratio | Grace Period to Late Charge (Days) | Grace Period to Default (Days) | Due Date | Prepayment Provisions (No. of Payments) | YM Formula | Third Most Recent Revenues | Third Most Recent Expenses | Third Most Recent NOI | Third Most Recent NOI Date | Third Most Recent NOI Debt Yield | Second Most Recent Revenues | Second Most Recent Expenses | |
Loan | 5,7,8,9,10,11 | 1 | The Liz | N/A | N/A | 1.60x | N/A | 1.57x | 63.9% | 63.9% | 0 | 0 | Sixth | LO(24);DEF(93);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 2 | Bayview Corporate Tower | N/A | 1.59x | 2.12x | 1.50x | 2.00x | 64.3% | 55.0% | 0 | 0 | Sixth | LO(24);DEF(91);O(5) | $8,400,924 | $3,850,261 | $4,550,664 | 12/31/2018 | 7.8% | $8,578,188 | $4,083,130 | |||
Loan | 6,7,12 | 3 | FTERE Bronx Portfolio 5 | N/A | N/A | 2.18x | N/A | 2.13x | 67.3% | 67.3% | 5 | 5 | First | LO(28);DEF(85);O(7) | $6,130,182 | $2,083,582 | $4,046,600 | 12/31/2018 | 7.5% | $6,296,085 | $2,009,122 | ||
Property | 3.01 | 3031 & 3041 Holland Avenue | $1,643,674 | $682,355 | $961,319 | 12/31/2018 | $1,656,376 | $710,252 | |||||||||||||||
Property | 3.02 | 610 Trinity Avenue | $1,449,206 | $484,077 | $965,129 | 12/31/2018 | $1,458,506 | $490,083 | |||||||||||||||
Property | 3.03 | 2770-2780 Kingsbridge Terrace | $1,050,306 | $432,829 | $617,477 | 12/31/2018 | $1,141,319 | $302,917 | |||||||||||||||
Property | 3.04 | 1787-1791 Walton Avenue | $1,039,200 | $220,903 | $818,297 | 12/31/2018 | $1,050,806 | $229,819 | |||||||||||||||
Property | 3.05 | 75 West 190th Street | $947,796 | $263,418 | $684,378 | 12/31/2018 | $989,078 | $276,051 | |||||||||||||||
Loan | 6,12 | 4 | Texas Multifamily Portfolio | N/A | 1.56x | N/A | 1.46x | N/A | 64.4% | 51.7% | 0 | 0 | Sixth | LO(28);YM1(88);O(4) | A | $6,713,817 | $3,541,072 | $3,172,745 | 12/31/2018 | 6.0% | $8,944,696 | $4,165,298 | |
Property | 4.01 | The Presidio Apartments | $3,062,708 | $1,605,012 | $1,457,696 | 12/31/2018 | $3,169,113 | $1,645,502 | |||||||||||||||
Property | 4.02 | Ravenwood Apartments | $597,364 | $431,050 | $166,314 | 12/31/2018 | $2,451,167 | $1,043,959 | |||||||||||||||
Property | 4.03 | Laguna Azul Apartments | $1,499,191 | $791,580 | $707,611 | 12/31/2018 | $1,703,032 | $786,795 | |||||||||||||||
Property | 4.04 | Pebble Walk Apartments | $1,554,555 | $713,430 | $841,126 | 12/31/2018 | $1,621,384 | $689,042 | |||||||||||||||
Loan | 5,8,13,14 | 5 | 525 Market Street | N/A | N/A | 4.38x | N/A | 4.29x | 37.0% | 37.0% | 10 (Once per calendar year) | 0 | Sixth | LO(24);YM1(5);DEF/YM1(84);O(7) | B | $40,286,941 | $13,897,618 | $26,389,323 | 12/31/2017 | 5.6% | $57,838,260 | $14,626,201 | |
Loan | 5,8,15,16 | 6 | Bellagio Hotel and Casino | N/A | N/A | 8.80x | N/A | 8.42x | 39.3% | 39.3% | 0 | 0 | Fifth | YM0.5(31);DEF/YM0.5(82);O(7) | C | $1,365,570,769 | $859,834,535 | $505,736,234 | 12/31/2017 | 30.2% | $1,367,835,267 | $877,969,225 | |
Loan | 6,7 | 7 | 3210 Riverdale Avenue & 1616 Amsterdam Avenue | N/A | N/A | 1.90x | N/A | 1.88x | 65.0% | 65.0% | 0 | 0 | Sixth | LO(28);DEF(88);O(4) | $3,131,843 | $543,573 | $2,588,269 | 12/31/2018 | 8.0% | $3,256,567 | $824,539 | ||
Property | 7.01 | 3210 Riverdale Avenue | $1,721,704 | $325,609 | $1,396,096 | 12/31/2018 | $1,788,961 | $351,494 | |||||||||||||||
Property | 7.02 | 1616 Amsterdam Avenue | $1,410,138 | $217,965 | $1,192,173 | 12/31/2018 | $1,467,606 | $473,045 | |||||||||||||||
Loan | 8,9 | 8 | UHG Optum Health Campus | N/A | N/A | 3.43x | N/A | 3.34x | 50.6% | 50.6% | 0 | 0 | Sixth | LO(25);YM1(91);O(5) | D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 9 | 235 Canal Street | N/A | N/A | 3.37x | N/A | 3.06x | 39.2% | 39.2% | 0 | 5 | First | LO(24);DEF(92);O(4) | $4,900,445 | $1,431,084 | $3,469,361 | 12/31/2017 | 14.5% | $5,367,000 | $1,527,135 | |||
Loan | 5,6,7 | 10 | Bushwick Multifamily Portfolio | N/A | N/A | 1.84x | N/A | 1.82x | 67.5% | 67.5% | 0 | 0 | Sixth | LO(28);DEF(89);O(3) | $4,164,811 | $687,857 | $3,476,955 | 12/31/2018 | 6.7% | $4,288,796 | $550,295 | ||
Property | 10.01 | 276 Nostrand Avenue | $1,543,466 | $194,200 | $1,349,267 | 12/31/2018 | $1,744,107 | $208,219 | |||||||||||||||
Property | 10.02 | 70 Bushwick Avenue | $800,858 | $184,636 | $616,223 | 12/31/2018 | $709,280 | $87,818 | |||||||||||||||
Property | 10.03 | 894 Bushwick Avenue | $685,867 | $102,620 | $583,247 | 12/31/2018 | $669,179 | $57,720 | |||||||||||||||
Property | 10.04 | 679 Grand Street | $447,665 | $74,643 | $373,022 | 12/31/2018 | $494,283 | $55,632 | |||||||||||||||
Property | 10.05 | 735 & 737 Bushwick Avenue | $270,696 | $54,177 | $216,520 | 12/31/2018 | $227,479 | $82,990 | |||||||||||||||
Property | 10.06 | 17 Troutman Street | $258,343 | $45,996 | $212,347 | 12/31/2018 | $261,257 | $38,491 | |||||||||||||||
Property | 10.07 | 934 Lafayette Avenue | $157,915 | $31,585 | $126,330 | 12/31/2018 | $183,211 | $19,425 | |||||||||||||||
Loan | 8,9 | 11 | Palms at Cinco Ranch | N/A | N/A | 2.21x | N/A | 2.14x | 63.8% | 63.8% | 0 | 5 | First | LO(24);YM1(92);O(5) | E | $2,611,035 | $1,447,609 | $1,163,426 | 12/31/2018 | 5.4% | $3,352,426 | $1,591,267 | |
Loan | 5 | 12 | HPE Campus | N/A | N/A | 2.75x | N/A | 2.71x | 64.8% | 64.8% | 5 | 0 | Sixth | LO(28);DEF(88);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 13 | Broadway & Thomas | N/A | N/A | 2.44x | N/A | 2.43x | 60.3% | 60.3% | 0 | 0 | Sixth | LO(29);YM1(86);O(5) | F | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 6,9 | 14 | New Haven Multifamily Portfolio | N/A | 1.47x | 1.98x | 1.42x | 1.90x | 57.8% | 50.6% | 5 | 5 | First | LO(24);DEF(93);O(4) | $3,158,828 | $1,513,228 | $1,645,600 | 12/31/2018 | 9.4% | $2,842,471 | $1,309,151 | ||
Property | 14.01 | Chapel Street and Sherman Avenue | $896,549 | $459,234 | $437,315 | 12/31/2018 | $713,378 | $332,924 | |||||||||||||||
Property | 14.02 | Howe Street and Lynwood Place | $545,002 | $234,624 | $310,378 | 12/31/2018 | $525,834 | $237,723 | |||||||||||||||
Property | 14.03 | Ellsworth Avenue | $467,652 | $229,225 | $238,427 | 12/31/2018 | $537,035 | $218,509 | |||||||||||||||
Property | 14.04 | Colby Court | $485,242 | $190,750 | $294,492 | 12/31/2018 | $490,247 | $191,163 | |||||||||||||||
Property | 14.05 | Park Street and Elm Street | $351,192 | $160,914 | $190,278 | 12/31/2018 | $329,604 | $169,525 | |||||||||||||||
Property | 14.06 | Bradley Street and Trumbull Street | $413,191 | $238,481 | $174,710 | 12/31/2018 | $246,373 | $159,307 | |||||||||||||||
Loan | 15 | Katella Corporate Center | N/A | N/A | 2.90x | N/A | 2.73x | 62.6% | 62.6% | 0 | 0 | Sixth | LO(28);DEF(87);O(5) | $2,323,132 | $680,529 | $1,642,603 | 12/31/2018 | 9.7% | $2,387,052 | $677,428 | |||
Loan | 6,7,12 | 16 | Bronx Multifamily Portfolio V | N/A | N/A | 2.02x | N/A | 1.95x | 63.8% | 63.8% | 5 | 5 | First | LO(27);DEF(86);O(7) | $1,749,453 | $715,600 | $1,033,853 | 12/31/2018 | 6.7% | $1,781,209 | $721,715 | ||
Property | 16.01 | 1901 Grand Concourse | $899,554 | $314,718 | $584,836 | 12/31/2018 | $921,170 | $296,365 | |||||||||||||||
Property | 16.02 | 667 East 232nd Street | $849,899 | $400,882 | $449,017 | 12/31/2018 | $860,039 | $425,350 | |||||||||||||||
Loan | 5 | 17 | Ralph Lauren HQ New Jersey | N/A | N/A | 3.03x | N/A | 3.00x | 59.4% | 59.4% | 0 | 5 | First | LO(28);DEF(88);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 18 | The Court at Hamilton | N/A | N/A | 2.47x | N/A | 2.27x | 66.8% | 66.8% | 5 | 5 | First | LO(28);DEF(88);O(4) | $1,907,316 | $1,173,869 | $733,447 | 12/31/2017 | 5.7% | $1,551,563 | $426,825 | |||
Loan | 19 | Gleneagles Shopping Center | N/A | 1.52x | 2.09x | 1.41x | 1.94x | 69.0% | 60.1% | 5 | 5 | First | LO(23);YM1(90);O(7) | G | $1,542,794 | $430,444 | $1,112,350 | 12/31/2017 | 9.3% | $1,476,661 | $455,229 | ||
Loan | 6,7,9 | 20 | Walgreens & Dollar General Portfolio | N/A | 1.81x | 2.62x | 1.80x | 2.59x | 64.6% | 51.1% | 0 | 0 | Sixth | LO(24);DEF(93);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Property | 20.01 | Walgreens, Excelsior Springs, MO | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||
Property | 20.02 | Walgreens, Kilmarnock, VA | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||
Property | 20.03 | Dollar General, Cynthiana, KY | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||
Property | 20.04 | Dollar General, Fairview, KY | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||
Property | 20.05 | Dollar General, Wheatland, MO | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||
Property | 20.06 | Dollar General, Parkers Lake, KY | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||
Property | 20.07 | Dollar General, London, KY | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||
Loan | 6,9 | 21 | BC Storage Portfolio | N/A | 1.93x | 2.85x | 1.88x | 2.78x | 55.1% | 47.4% | 5 | 5 | First | LO(24);YM1(91);O(5) | H | $1,154,043 | $296,607 | $857,436 | 12/31/2018 | 9.0% | $1,271,976 | $273,606 | |
Property | 21.01 | Burns | $763,663 | $153,245 | $610,418 | 12/31/2018 | $797,828 | $140,153 | |||||||||||||||
Property | 21.02 | White Bluff | $200,713 | $72,251 | $128,462 | 12/31/2018 | $269,770 | $69,731 | |||||||||||||||
Property | 21.03 | Dickson | $189,668 | $71,111 | $118,557 | 12/31/2018 | $204,377 | $63,722 | |||||||||||||||
Loan | 9 | 22 | 514 West 211th Street | N/A | N/A | 3.03x | N/A | 2.96x | 61.8% | 61.8% | 5 | 5 | First | LO(24);DEF(93);O(4) | $1,205,150 | $419,592 | $785,558 | 12/31/2018 | 8.4% | $1,222,819 | $421,069 | ||
Loan | 9,17 | 23 | 51 Columbia | N/A | N/A | 2.57x | N/A | 2.44x | 50.8% | 50.8% | 0 | 0 | First | LO(24);DEF(93);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 9 | 24 | 89-16 175 Street | N/A | N/A | 2.01x | N/A | 1.96x | 66.1% | 66.1% | 5 | 5 | First | LO(24);YM1(92);O(5) | I | $1,253,857 | $211,610 | $1,042,247 | 12/31/2018 | 12.4% | $1,291,488 | $213,937 | |
Loan | 25 | Independence Plaza | N/A | N/A | 3.48x | N/A | 3.12x | 49.4% | 49.4% | 0 | 0 | Sixth | LO(24);YM1(92);O(4) | J | $1,343,872 | $431,684 | $912,188 | 12/31/2018 | 11.6% | $1,367,423 | $419,228 | ||
Loan | 7 | 26 | 14741 Memorial Drive | N/A | N/A | 2.01x | N/A | 1.85x | 65.1% | 65.1% | 5 | 5 | First | LO(29);DEF(86);O(5) | $592,691 | $216,451 | $376,241 | 12/31/2017 | 5.6% | $666,766 | $224,008 | ||
Loan | 18 | 27 | Carbon 550 | N/A | N/A | 2.88x | N/A | 2.83x | 63.3% | 63.3% | 0 | 0 | Sixth | LO(28);DEF(88);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 28 | 9177 Ridgetop | N/A | N/A | 2.71x | N/A | 2.70x | 63.0% | 63.0% | 0 | 0 | Sixth | LO(28);DEF(88);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 12 | 29 | 555 Grand Street | Group 1 | N/A | 1.96x | N/A | 1.95x | 63.8% | 63.8% | 0 | 0 | Sixth | LO(29);DEF(85);O(6) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 30 | 96 Bedford Avenue | Group 1 | N/A | 1.98x | N/A | 1.98x | 61.8% | 61.8% | 0 | 0 | Sixth | LO(28);DEF(86);O(6) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 31 | Shops at Oak Forest | N/A | N/A | 3.20x | N/A | 3.09x | 54.8% | 54.8% | 5 | 5 | First | LO(27);DEF(88);O(5) | $889,699 | $285,781 | $603,918 | 12/31/2018 | 11.8% | $916,854 | $270,900 | |||
Loan | 9 | 32 | Sparta Self Storage | N/A | 1.61x | 2.20x | 1.59x | 2.17x | 64.8% | 59.2% | 0 | 0 | Sixth | LO(24);DEF(93);O(4) | $720,660 | $263,407 | $457,253 | 12/31/2018 | 10.3% | $730,816 | $226,805 | ||
Loan | 33 | Walden Court Apartments | N/A | 3.68x | 5.37x | 3.52x | 5.14x | 25.0% | 21.5% | 0 | 5 | First | LO(24);DEF(91);O(5) | $1,543,921 | $738,508 | $805,413 | 12/31/2018 | 18.7% | $1,630,372 | $836,162 | |||
Loan | 6,8 | 34 | Pangea 24 | N/A | N/A | 3.65x | N/A | 3.49x | 55.0% | 55.0% | 0 | 0 | Sixth | LO(27);DEF(87);O(6) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Property | 34.01 | 109 North Laramie Avenue | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||
Property | 34.02 | 5125 North Madison Street | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||
Property | 34.03 | 4641 West Jackson Boulevard | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||
Property | 34.04 | 8001 South Muskegon Avenue | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||
Property | 34.05 | 8935 South Dauphin Avenue | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||
Property | 34.06 | 15210 Chicago Road | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||
Loan | 35 | Fed Ex Mt. Pleasant | N/A | N/A | 2.55x | N/A | 2.35x | 53.0% | 53.0% | 0 | 0 | Sixth | LO(24);DEF(92);O(4) | $411,005 | $10,161 | $400,844 | 12/31/2018 | 9.5% | $475,006 | $11,496 | |||
Loan | 36 | 600 University Office | N/A | 2.10x | 2.93x | 1.80x | 2.51x | 56.5% | 46.5% | 0 | 0 | Sixth | LO(27);DEF(89);O(4) | N/A | N/A | N/A | N/A | N/A | $449,955 | $185,199 | |||
Loan | 9 | 37 | Walgreens Charlotte, NC | N/A | N/A | 2.40x | N/A | 2.31x | 60.6% | 60.6% | 5 | 5 | First | LO(24);DEF(92);O(5) | N/A | N/A | N/A | N/A | N/A | $375,000 | $244 | ||
Loan | 38 | Hunter Ridge | N/A | 1.74x | 2.36x | 1.64x | 2.23x | 69.0% | 60.3% | 0 | 0 | Sixth | LO(29);DEF(87);O(4) | $632,618 | $308,756 | $323,862 | 12/31/2018 | 9.4% | $638,877 | $337,767 | |||
Loan | 39 | Hannah Del Estate MHC | N/A | 1.58x | N/A | 1.57x | N/A | 50.9% | 41.2% | 0 | 0 | Sixth | LO(24);DEF(92);O(4) | $310,428 | $94,464 | $215,964 | 12/31/2018 | 6.7% | $374,553 | $88,294 | |||
Loan | 9 | 40 | Fresenius Las Vegas | N/A | N/A | 2.21x | N/A | 2.19x | 57.7% | 57.7% | 5 | 5 | First | LO(24);DEF(93);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 41 | Walgreens Sycamore | N/A | N/A | 1.93x | N/A | 1.91x | 61.9% | 61.9% | 0 | 0 | Sixth | LO(24);DEF(92);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 42 | A1A Stow-A-Way Self Storage | N/A | N/A | 2.96x | N/A | 2.92x | 55.0% | 55.0% | 0 | 0 | Sixth | LO(24);DEF(93);O(3) | $481,009 | $184,590 | $296,419 | 12/31/2018 | 10.8% | $525,693 | $199,686 | |||
Loan | 9 | 43 | Sentry Self Storage | N/A | 2.01x | 2.71x | 1.95x | 2.63x | 75.0% | 60.5% | 5 | 5 | First | LO(24);DEF(93);O(4) | $370,041 | $156,789 | $213,252 | 12/31/2018 | 10.5% | $406,513 | $153,713 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Second Most Recent NOI | Second Most Recent NOI Date | Second Most Recent NOI Debt Yield | Most Recent Revenues | Most Recent Expenses | Most Recent NOI | Most Recent NOI Date | Most Recent NOI Debt Yield | Underwritten Occupancy Rate | Underwritten Effective Gross Income | Underwritten Total Expenses | Underwritten NOI | Underwritten NOI Debt Yield | Underwritten Replacement Reserves | Underwritten TI/LC | Underwritten NCF | Underwritten NCF Debt Yield | Largest Tenant | |
Loan | 5,7,8,9,10,11 | 1 | The Liz | N/A | N/A | N/A | $5,272,765 | $1,916,596 | $3,356,168 | 5/31/2020 TTM | 3.6% | 91.0% | $8,762,579 | $2,045,206 | $6,717,372 | 7.5% | $35,593 | $81,717 | $6,600,062 | 7.3% | Whitman-Walker | |
Loan | 2 | Bayview Corporate Tower | $4,495,057 | 12/31/2019 | 7.7% | $8,619,564 | $4,038,083 | $4,581,481 | 5/31/2020 TTM | 7.8% | 90.0% | $10,427,312 | $4,772,551 | $5,654,762 | 9.7% | $82,763 | $229,516 | $5,342,483 | 9.1% | CHG Companies | ||
Loan | 6,7,12 | 3 | FTERE Bronx Portfolio 5 | $4,286,963 | 12/31/2019 | 8.0% | $6,040,812 | $1,999,778 | $4,041,034 | 5/31/2020 TTM | 7.5% | 98.0% | $6,481,772 | $2,218,268 | $4,263,504 | 7.9% | $100,859 | $0 | $4,162,646 | 7.7% | ||
Property | 3.01 | 3031 & 3041 Holland Avenue | $946,124 | 12/31/2019 | $1,598,028 | $717,611 | $880,417 | 5/31/2020 TTM | 98.0% | $1,665,441 | $737,750 | $927,691 | $26,750 | $0 | $900,941 | N/A | ||||||
Property | 3.02 | 610 Trinity Avenue | $968,423 | 12/31/2019 | $1,380,479 | $485,179 | $895,300 | 5/31/2020 TTM | 98.0% | $1,478,078 | $559,145 | $918,933 | $26,000 | $0 | $892,933 | N/A | ||||||
Property | 3.03 | 2770-2780 Kingsbridge Terrace | $838,402 | 12/31/2019 | $1,102,263 | $293,155 | $809,108 | 5/31/2020 TTM | 98.0% | $1,200,233 | $426,356 | $773,877 | $17,750 | $0 | $756,127 | N/A | ||||||
Property | 3.04 | 1787-1791 Walton Avenue | $820,987 | 12/31/2019 | $1,016,921 | $231,842 | $785,079 | 5/31/2020 TTM | 98.0% | $1,118,355 | $241,003 | $877,352 | $18,359 | $0 | $858,993 | N/A | ||||||
Property | 3.05 | 75 West 190th Street | $713,027 | 12/31/2019 | $943,121 | $271,991 | $671,130 | 5/31/2020 TTM | 98.0% | $1,019,665 | $254,014 | $765,651 | $12,000 | $0 | $753,651 | N/A | ||||||
Loan | 6,12 | 4 | Texas Multifamily Portfolio | $4,779,398 | 12/31/2019 | 9.0% | $8,979,825 | $4,091,928 | $4,887,898 | 5/31/2020 TTM | 9.2% | 91.5% | $8,979,825 | $4,187,187 | $4,792,639 | 9.0% | $310,200 | $0 | $4,482,439 | 8.5% | ||
Property | 4.01 | The Presidio Apartments | $1,523,612 | 12/31/2019 | $3,238,934 | $1,630,172 | $1,608,762 | 5/31/2020 TTM | 92.8% | $3,238,934 | $1,660,230 | $1,578,704 | $93,900 | $0 | $1,484,804 | N/A | ||||||
Property | 4.02 | Ravenwood Apartments | $1,407,208 | 12/31/2019 | $2,386,366 | $1,022,176 | $1,364,190 | 5/31/2020 TTM | 88.5% | $2,386,366 | $1,029,746 | $1,356,620 | $70,200 | $0 | $1,286,420 | N/A | ||||||
Property | 4.03 | Laguna Azul Apartments | $916,237 | 12/31/2019 | $1,720,921 | $762,743 | $958,178 | 5/31/2020 TTM | 88.9% | $1,720,921 | $791,941 | $928,980 | $77,700 | $0 | $851,280 | N/A | ||||||
Property | 4.04 | Pebble Walk Apartments | $932,342 | 12/31/2019 | $1,633,604 | $676,836 | $956,768 | 5/31/2020 TTM | 96.4% | $1,633,604 | $705,269 | $928,335 | $68,400 | $0 | $859,935 | N/A | ||||||
Loan | 5,8,13,14 | 5 | 525 Market Street | $43,212,060 | 12/31/2018 | 9.2% | $57,053,048 | $15,205,637 | $41,847,411 | 11/30/2019 TTM | 8.9% | 95.0% | $79,720,547 | $18,212,365 | $61,508,183 | 13.1% | $186,151 | $1,034,170 | $60,287,862 | 12.8% | Amazon.com Services, Inc. | |
Loan | 5,8,15,16 | 6 | Bellagio Hotel and Casino | $489,866,042 | 12/31/2018 | 29.2% | $1,349,062,464 | $874,997,149 | $474,065,315 | 9/30/2019 TTM | 28.3% | 94.8% | $1,349,062,464 | $874,997,149 | $474,065,315 | 28.3% | $20,235,937 | $0 | $453,829,378 | 27.1% | N/A | |
Loan | 6,7 | 7 | 3210 Riverdale Avenue & 1616 Amsterdam Avenue | $2,432,028 | 12/31/2019 | 7.5% | $3,081,938 | $763,258 | $2,318,680 | 5/31/2020 TTM | 7.1% | 93.9% | $3,285,092 | $921,952 | $2,363,140 | 7.3% | $31,394 | $0 | $2,331,746 | 7.2% | ||
Property | 7.01 | 3210 Riverdale Avenue | $1,437,467 | 12/31/2019 | $1,690,111 | $342,191 | $1,347,920 | 5/31/2020 TTM | 94.8% | $1,863,459 | $396,607 | $1,466,853 | $15,410 | $0 | $1,451,443 | N/A | ||||||
Property | 7.02 | 1616 Amsterdam Avenue | $994,561 | 12/31/2019 | $1,391,827 | $421,067 | $970,761 | 5/31/2020 TTM | 92.6% | $1,421,633 | $525,346 | $896,287 | $15,984 | $0 | $880,303 | New Tech Laundry | ||||||
Loan | 8,9 | 8 | UHG Optum Health Campus | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 95.0% | $5,279,228 | $1,577,439 | $3,701,789 | 13.9% | $94,665 | $0 | $3,607,124 | 13.6% | United HealthCare Services, Inc. d/b/a Optum | |
Loan | 9 | 235 Canal Street | $3,839,865 | 12/31/2018 | 16.0% | $5,242,681 | $1,633,072 | $3,609,609 | 12/31/2019 | 15.0% | 77.0% | $4,243,891 | $1,634,985 | $2,608,906 | 10.9% | $9,164 | $231,484 | $2,368,258 | 9.9% | HSBC | ||
Loan | 5,6,7 | 10 | Bushwick Multifamily Portfolio | $3,738,501 | 12/31/2019 | 7.2% | $4,380,686 | $548,968 | $3,831,718 | 4/30/2020 TTM | 7.4% | 95.0% | $4,324,172 | $567,555 | $3,756,617 | 7.2% | $27,752 | $0 | $3,728,865 | 7.2% | ||
Property | 10.01 | 276 Nostrand Avenue | $1,535,888 | 12/31/2019 | $1,751,564 | $223,263 | $1,528,301 | 4/30/2020 TTM | 95.0% | $1,684,618 | $250,087 | $1,434,530 | $10,500 | $0 | $1,424,030 | The Jay Group Inc. | ||||||
Property | 10.02 | 70 Bushwick Avenue | $621,462 | 12/31/2019 | $733,379 | $98,045 | $635,334 | 4/30/2020 TTM | 95.0% | $754,504 | $100,134 | $654,370 | $5,000 | $0 | $649,370 | N/A | ||||||
Property | 10.03 | 894 Bushwick Avenue | $611,459 | 12/31/2019 | $669,721 | $65,696 | $604,025 | 4/30/2020 TTM | 95.0% | $643,586 | $61,951 | $581,635 | $5,000 | $0 | $576,635 | N/A | ||||||
Property | 10.04 | 679 Grand Street | $438,651 | 12/31/2019 | $499,447 | $62,786 | $436,660 | 4/30/2020 TTM | 95.0% | $486,508 | $59,406 | $427,101 | $2,500 | $0 | $424,601 | BK Jani | ||||||
Property | 10.05 | 735 & 737 Bushwick Avenue | $144,489 | 12/31/2019 | $275,656 | $37,161 | $238,495 | 4/30/2020 TTM | 95.0% | $316,866 | $35,849 | $281,017 | $1,750 | $0 | $279,267 | N/A | ||||||
Property | 10.06 | 17 Troutman Street | $222,766 | 12/31/2019 | $264,158 | $42,215 | $221,943 | 4/30/2020 TTM | 95.0% | $256,435 | $41,036 | $215,399 | $2,002 | $0 | $213,397 | N/A | ||||||
Property | 10.07 | 934 Lafayette Avenue | $163,786 | 12/31/2019 | $186,761 | $19,802 | $166,960 | 4/30/2020 TTM | 95.0% | $181,655 | $19,092 | $162,563 | $1,000 | $0 | $161,563 | N/A | ||||||
Loan | 8,9 | 11 | Palms at Cinco Ranch | $1,761,159 | 12/31/2019 | 8.2% | $3,415,707 | $1,516,662 | $1,899,045 | 5/31/2020 TTM | 8.8% | 93.8% | $3,415,707 | $1,606,358 | $1,809,349 | 8.4% | $57,200 | $0 | $1,752,149 | 8.1% | N/A | |
Loan | 5 | 12 | HPE Campus | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 95.0% | $9,694,440 | $3,104,706 | $6,589,734 | 9.9% | $89,473 | $0 | $6,500,261 | 9.7% | Hewlett Packard Enterprise | |
Loan | 13 | Broadway & Thomas | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 95.0% | $2,343,176 | $508,227 | $1,834,949 | 9.7% | $12,931 | $0 | $1,822,018 | 9.6% | LA County Dept. of Health Offices | ||
Loan | 6,9 | 14 | New Haven Multifamily Portfolio | $1,533,320 | 12/31/2019 | 8.8% | $2,744,164 | $977,789 | $1,766,375 | 5/31/2020 TTM | 10.1% | 93.0% | $3,051,924 | $1,491,909 | $1,560,015 | 8.9% | $60,500 | $0 | $1,499,515 | 8.6% | ||
Property | 14.01 | Chapel Street and Sherman Avenue | $380,454 | 12/31/2019 | $728,950 | $268,994 | $459,956 | 5/31/2020 TTM | 96.9% | $819,816 | $376,088 | $443,728 | $17,750 | $0 | $425,978 | Yale New Haven Hospital | ||||||
Property | 14.02 | Howe Street and Lynwood Place | $288,111 | 12/31/2019 | $489,571 | $133,702 | $355,869 | 5/31/2020 TTM | 95.2% | $512,088 | $268,191 | $243,897 | $8,250 | $0 | $235,647 | Pike International | ||||||
Property | 14.03 | Ellsworth Avenue | $318,526 | 12/31/2019 | $502,068 | $185,246 | $316,822 | 5/31/2020 TTM | 97.6% | $561,132 | $264,068 | $297,064 | $11,750 | $0 | $285,314 | N/A | ||||||
Property | 14.04 | Colby Court | $299,084 | 12/31/2019 | $458,266 | $146,085 | $312,181 | 5/31/2020 TTM | 97.0% | $485,928 | $219,551 | $266,377 | $8,500 | $0 | $257,877 | N/A | ||||||
Property | 14.05 | Park Street and Elm Street | $160,079 | 12/31/2019 | $347,771 | $106,297 | $241,474 | 5/31/2020 TTM | 90.9% | $403,440 | $188,431 | $215,009 | $7,750 | $0 | $207,259 | N/A | ||||||
Property | 14.06 | Bradley Street and Trumbull Street | $87,066 | 12/31/2019 | $217,538 | $137,465 | $80,073 | 5/31/2020 TTM | 71.2% | $269,520 | $175,580 | $93,940 | $6,500 | $0 | $87,440 | N/A | ||||||
Loan | 15 | Katella Corporate Center | $1,709,624 | 12/31/2019 | 10.1% | $2,498,400 | $678,868 | $1,819,532 | 5/31/2020 TTM | 10.8% | 92.5% | $2,368,237 | $676,790 | $1,691,447 | 10.0% | $16,243 | $81,996 | $1,593,208 | 9.4% | Discovery Practice Management, Inc. | ||
Loan | 6,7,12 | 16 | Bronx Multifamily Portfolio V | $1,059,494 | 12/31/2019 | 6.8% | $1,716,511 | $723,903 | $992,608 | 5/31/2020 TTM | 6.4% | 98.0% | $1,779,579 | $651,516 | $1,128,063 | 7.3% | $37,454 | $0 | $1,090,609 | 7.0% | ||
Property | 16.01 | 1901 Grand Concourse | $624,805 | 12/31/2019 | $907,756 | $299,582 | $608,174 | 5/31/2020 TTM | 98.0% | $917,880 | $342,814 | $575,065 | $21,033 | $0 | $554,032 | N/A | ||||||
Property | 16.02 | 667 East 232nd Street | $434,689 | 12/31/2019 | $808,755 | $424,321 | $384,434 | 5/31/2020 TTM | 98.0% | $861,699 | $308,702 | $552,997 | $16,421 | $0 | $536,576 | N/A | ||||||
Loan | 5 | 17 | Ralph Lauren HQ New Jersey | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 97.0% | $9,003,225 | $3,527,720 | $5,475,505 | 9.6% | $51,016 | $0 | $5,424,489 | 9.5% | Ralph Lauren | |
Loan | 18 | The Court at Hamilton | $1,124,739 | 12/31/2018 | 8.7% | $1,622,786 | $398,298 | $1,224,488 | 12/31/2019 | 9.4% | 95.8% | $1,602,798 | $450,792 | $1,152,006 | 8.9% | $6,202 | $87,814 | $1,057,990 | 8.2% | Walmart | ||
Loan | 19 | Gleneagles Shopping Center | $1,021,432 | 12/31/2018 | 8.5% | $1,498,539 | $412,537 | $1,086,002 | 12/31/2019 | 9.1% | 91.7% | $1,519,754 | $446,160 | $1,073,594 | 8.9% | $8,754 | $68,039 | $996,801 | 8.3% | Spec's Wines, Spirits & Finer Foods | ||
Loan | 6,7,9 | 20 | Walgreens & Dollar General Portfolio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 100.0% | $1,111,407 | $24,971 | $1,086,436 | 10.2% | $10,958 | $0 | $1,075,479 | 10.1% | ||
Property | 20.01 | Walgreens, Excelsior Springs, MO | N/A | N/A | N/A | N/A | N/A | N/A | 100.0% | $355,605 | $9,855 | $345,750 | $2,174 | $0 | $343,577 | Walgreens | ||||||
Property | 20.02 | Walgreens, Kilmarnock, VA | N/A | N/A | N/A | N/A | N/A | N/A | 100.0% | $350,000 | $7,000 | $343,000 | $2,223 | $0 | $340,777 | Walgreens | ||||||
Property | 20.03 | Dollar General, Cynthiana, KY | N/A | N/A | N/A | N/A | N/A | N/A | 100.0% | $89,959 | $1,799 | $88,160 | $1,365 | $0 | $86,795 | Dollar General | ||||||
Property | 20.04 | Dollar General, Fairview, KY | N/A | N/A | N/A | N/A | N/A | N/A | 100.0% | $82,845 | $1,657 | $81,188 | $1,365 | $0 | $79,823 | Dollar General | ||||||
Property | 20.05 | Dollar General, Wheatland, MO | N/A | N/A | N/A | N/A | N/A | N/A | 100.0% | $81,254 | $1,625 | $79,629 | $1,354 | $0 | $78,275 | Dollar General | ||||||
Property | 20.06 | Dollar General, Parkers Lake, KY | N/A | N/A | N/A | N/A | N/A | N/A | 100.0% | $76,776 | $1,536 | $75,240 | $1,123 | $0 | $74,117 | Dollar General | ||||||
Property | 20.07 | Dollar General, London, KY | N/A | N/A | N/A | N/A | N/A | N/A | 100.0% | $74,968 | $1,499 | $73,469 | $1,354 | $0 | $72,115 | Dollar General | ||||||
Loan | 6,9 | 21 | BC Storage Portfolio | $998,370 | 12/31/2019 | 10.5% | $1,302,316 | $294,873 | $1,007,443 | 4/30/2020 TTM | 10.6% | 81.7% | $1,307,468 | $294,572 | $1,012,896 | 10.7% | $26,483 | $0 | $986,413 | 10.4% | ||
Property | 21.01 | Burns | $657,675 | 12/31/2019 | $812,298 | $151,883 | $660,414 | 4/30/2020 TTM | 89.0% | $812,298 | $151,780 | $660,518 | $16,727 | $0 | $643,791 | N/A | ||||||
Property | 21.02 | White Bluff | $200,040 | 12/31/2019 | $281,663 | $75,504 | $206,160 | 4/30/2020 TTM | 61.8% | $286,815 | $75,430 | $211,385 | $5,589 | $0 | $205,796 | N/A | ||||||
Property | 21.03 | Dickson | $140,655 | 12/31/2019 | $208,355 | $67,486 | $140,869 | 4/30/2020 TTM | 93.3% | $208,355 | $67,362 | $140,993 | $4,167 | $0 | $136,826 | N/A | ||||||
Loan | 9 | 22 | 514 West 211th Street | $801,750 | 12/31/2019 | 8.5% | $1,241,322 | $416,708 | $824,614 | 5/31/2020 TTM | 8.8% | 97.0% | $1,280,948 | $417,282 | $863,667 | 9.2% | $19,750 | $0 | $843,917 | 9.0% | N/A | |
Loan | 9,17 | 23 | 51 Columbia | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 90.0% | $1,271,500 | $449,585 | $821,915 | 9.8% | $6,860 | $34,299 | $780,756 | 9.3% | NeoGenomics Laboratories, Inc. | |
Loan | 9 | 24 | 89-16 175 Street | $1,077,551 | 12/31/2019 | 12.8% | $1,265,514 | $215,935 | $1,049,579 | 5/31/2020 TTM | 12.5% | 95.7% | $1,254,480 | $605,795 | $648,685 | 7.7% | $14,179 | $0 | $634,506 | 7.6% | N/A | |
Loan | 25 | Independence Plaza | $948,195 | 12/31/2019 | 12.1% | $1,414,654 | $415,428 | $999,226 | 4/30/2020 TTM | 12.7% | 76.2% | $1,463,434 | $425,897 | $1,037,537 | 13.2% | $15,845 | $90,380 | $931,312 | 11.9% | BlueBallRoom Dance Studio & Club | ||
Loan | 7 | 26 | 14741 Memorial Drive | $442,758 | 12/31/2018 | 6.6% | $924,823 | $294,994 | $629,829 | 10/31/2019 TTM | 9.4% | 79.6% | $818,856 | $233,468 | $585,388 | 8.8% | $10,035 | $34,807 | $540,546 | 8.1% | La Hacienda | |
Loan | 18 | 27 | Carbon 550 | N/A | N/A | N/A | $470,334 | $317,486 | $152,848 | 12/31/2019 | 2.3% | 93.0% | $901,404 | $232,702 | $668,702 | 10.2% | $10,000 | $0 | $658,702 | 10.1% | N/A | |
Loan | 28 | 9177 Ridgetop | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 91.4% | $820,212 | $196,190 | $624,022 | 9.9% | $2,498 | $0 | $621,524 | 9.9% | Veteran Affairs | ||
Loan | 12 | 29 | 555 Grand Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 95.0% | $500,004 | $48,666 | $451,338 | 7.2% | $3,000 | $0 | $448,338 | 7.2% | N/A | |
Loan | 30 | 96 Bedford Avenue | N/A | N/A | N/A | $492,883 | $57,983 | $434,900 | 12/31/2019 | 7.4% | 97.0% | $486,302 | $55,420 | $430,882 | 7.3% | $2,000 | $0 | $428,882 | 7.3% | N/A | ||
Loan | 31 | Shops at Oak Forest | $645,954 | 12/31/2019 | 12.7% | $885,284 | $336,259 | $549,025 | 5/31/2020 TTM | 10.8% | 95.0% | $918,957 | $322,395 | $596,562 | 11.7% | $3,831 | $18,125 | $574,606 | 11.3% | Massage Envy | ||
Loan | 9 | 32 | Sparta Self Storage | $504,011 | 12/31/2019 | 11.3% | $697,914 | $223,182 | $474,731 | 5/31/2020 TTM | 10.7% | 87.3% | $697,914 | $271,032 | $426,882 | 9.6% | $5,098 | $0 | $421,785 | 9.5% | N/A | |
Loan | 33 | Walden Court Apartments | $794,211 | 12/31/2019 | 18.5% | $1,672,296 | $822,534 | $849,762 | 4/30/2020 TTM | 19.8% | 95.0% | $1,693,228 | $814,742 | $878,486 | 20.4% | $37,466 | $0 | $841,020 | 19.6% | N/A | ||
Loan | 6,8 | 34 | Pangea 24 | N/A | N/A | N/A | $749,761 | $311,894 | $437,867 | 5/31/2020 TTM | 10.3% | 92.3% | $894,422 | $343,400 | $551,022 | 12.9% | $23,750 | $0 | $527,272 | 12.4% | ||
Property | 34.01 | 109 North Laramie Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||
Property | 34.02 | 5125 North Madison Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||
Property | 34.03 | 4641 West Jackson Boulevard | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||
Property | 34.04 | 8001 South Muskegon Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||
Property | 34.05 | 8935 South Dauphin Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||
Property | 34.06 | 15210 Chicago Road | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||
Loan | 35 | Fed Ex Mt. Pleasant | $463,510 | 12/31/2019 | 11.0% | $475,007 | $1,003 | $474,004 | 5/31/2020 TTM | 11.3% | 95.0% | $518,443 | $64,695 | $453,749 | 10.8% | $2,682 | $32,867 | $418,200 | 10.0% | FedEx Freight, Inc. | ||
Loan | 36 | 600 University Office | $264,756 | 12/31/2019 | 6.8% | $525,798 | $192,510 | $333,288 | 5/31/2020 TTM | 8.5% | 93.6% | $690,143 | $215,291 | $474,852 | 12.2% | $7,700 | $60,000 | $407,152 | 10.4% | State of Florida Department of Education | ||
Loan | 9 | 37 | Walgreens Charlotte, NC | $374,756 | 12/31/2018 | 10.7% | $375,000 | $327 | $374,673 | 12/31/2019 | 10.7% | 95.0% | $366,404 | $12,988 | $353,416 | 10.1% | $1,449 | $11,592 | $340,375 | 9.7% | Walgreens | |
Loan | 38 | Hunter Ridge | $301,110 | 12/31/2019 | 8.7% | $639,533 | $330,612 | $308,920 | 5/31/2020 TTM | 9.0% | 94.8% | $683,896 | $326,447 | $357,449 | 10.4% | $19,500 | $0 | $337,949 | 9.8% | N/A | ||
Loan | 39 | Hannah Del Estate MHC | $286,259 | 12/31/2019 | 8.9% | $391,142 | $79,155 | $311,987 | 5/31/2020 TTM | 9.7% | 94.8% | $391,142 | $83,453 | $307,689 | 9.6% | $3,300 | $0 | $304,389 | 9.5% | N/A | ||
Loan | 9 | 40 | Fresenius Las Vegas | N/A | N/A | N/A | $323,439 | $46,794 | $276,644 | 5/31/2020 T-5 Ann. | 9.2% | 95.0% | $353,537 | $81,385 | $272,152 | 9.1% | $2,090 | $28 | $270,034 | 9.0% | Fresenius Kidney Care | |
Loan | 41 | Walgreens Sycamore | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 100.0% | $252,590 | $5,052 | $247,538 | 8.3% | $2,268 | $0 | $245,270 | 8.2% | Walgreens | ||
Loan | 42 | A1A Stow-A-Way Self Storage | $326,007 | 12/31/2019 | 11.9% | $528,233 | $202,189 | $326,044 | 5/31/2020 TTM | 11.9% | 91.8% | $528,233 | $206,074 | $322,159 | 11.7% | $4,305 | $0 | $317,854 | 11.6% | N/A | ||
Loan | 9 | 43 | Sentry Self Storage | $252,800 | 12/31/2019 | 12.5% | $409,189 | $157,277 | $251,912 | 3/31/2020 TTM | 12.4% | 84.3% | $412,708 | $168,214 | $244,494 | 12.1% | $7,788 | $0 | $236,707 | 11.7% | N/A |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Largest Tenant Lease Expiration(4) | Largest Tenant NSF | Largest Tenant % of NSF | 2nd Largest Tenant | 2nd Largest Tenant Lease Expiration(4) | 2nd Largest Tenant NSF | 2nd Largest Tenant % of NSF | 3rd Largest Tenant | ||
Loan | 5,7,8,9,10,11 | 1 | The Liz | 32,778 SF 8/31/2034; 2,834 SF 9/30/2029 | 35,612 | 25.4% | Goethe-Institut | 10/31/2029 | 22,466 | 16.0% | Amazon Retail | ||
Loan | 2 | Bayview Corporate Tower | 1/31/2028 | 136,613 | 33.0% | Whole Foods Inc. | 8/31/2023 | 33,827 | 8.2% | Central Reach | |||
Loan | 6,7,12 | 3 | FTERE Bronx Portfolio 5 | ||||||||||
Property | 3.01 | 3031 & 3041 Holland Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 3.02 | 610 Trinity Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 3.03 | 2770-2780 Kingsbridge Terrace | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 3.04 | 1787-1791 Walton Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 3.05 | 75 West 190th Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 6,12 | 4 | Texas Multifamily Portfolio | ||||||||||
Property | 4.01 | The Presidio Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 4.02 | Ravenwood Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 4.03 | Laguna Azul Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 4.04 | Pebble Walk Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 5,8,13,14 | 5 | 525 Market Street | 179278 SF (1/31/2028); 28734 SF (4/30/2029); 114434 SF (2/28/2030); 86115 SF (1/31/2031) | 408,561 | 39.5% | Sephora USA, Inc. | 110830 SF (10/31/2021); 56467 SF (10/31/2023) | 167,297 | 16.2% | Wells Fargo Bank, N.A. | ||
Loan | 5,8,15,16 | 6 | Bellagio Hotel and Casino | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 6,7 | 7 | 3210 Riverdale Avenue & 1616 Amsterdam Avenue | ||||||||||
Property | 7.01 | 3210 Riverdale Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 7.02 | 1616 Amsterdam Avenue | 6/30/2025 | 1,500 | 37.8% | 1622 Amsterdam Grocery | 8/31/2022 | 1,100 | 27.7% | OSO Hamilton Heights | |||
Loan | 8,9 | 8 | UHG Optum Health Campus | 12/12/2023 | 473,325 | 100.0% | N/A | N/A | N/A | N/A | N/A | ||
Loan | 9 | 235 Canal Street | 7/31/2028 | 9,827 | 25.4% | Charles B. Wang | 12/31/2023 | 7,000 | 18.1% | Mount Sinai | |||
Loan | 5,6,7 | 10 | Bushwick Multifamily Portfolio | ||||||||||
Property | 10.01 | 276 Nostrand Avenue | 12/31/2029 | 1,500 | 39.0% | Lofts and Flats, LLC | 9/30/2023 | 720 | 18.7% | Lotus Threading I, Corp. | |||
Property | 10.02 | 70 Bushwick Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 10.03 | 894 Bushwick Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 10.04 | 679 Grand Street | 7/31/2028 | 1,300 | 100.0% | N/A | N/A | N/A | N/A | N/A | |||
Property | 10.05 | 735 & 737 Bushwick Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 10.06 | 17 Troutman Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 10.07 | 934 Lafayette Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 8,9 | 11 | Palms at Cinco Ranch | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 5 | 12 | HPE Campus | 4/30/2030 | 447,364 | 100.0% | N/A | N/A | N/A | N/A | N/A | ||
Loan | 13 | Broadway & Thomas | 10/25/2034 | 43,307 | 83.7% | Western Dental | 8/31/2030 | 4,344 | 8.4% | BurgerIM | |||
Loan | 6,9 | 14 | New Haven Multifamily Portfolio | ||||||||||
Property | 14.01 | Chapel Street and Sherman Avenue | 8/30/2020 | 2,056 | 3.9% | N/A | N/A | N/A | N/A | N/A | |||
Property | 14.02 | Howe Street and Lynwood Place | 12/31/2024 | 4,721 | 16.6% | N/A | N/A | N/A | N/A | N/A | |||
Property | 14.03 | Ellsworth Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 14.04 | Colby Court | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 14.05 | Park Street and Elm Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 14.06 | Bradley Street and Trumbull Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 15 | Katella Corporate Center | 12,691 SF (6/30/2023); 10,124 SF (4/30/2021); 5,044 SF (9/30/2025) | 27,859 | 34.3% | Pathways Community Services, LLC | 6/30/2021 | 11,348 | 14.0% | OptumCare Management (FKA HealthCare Partners) | |||
Loan | 6,7,12 | 16 | Bronx Multifamily Portfolio V | ||||||||||
Property | 16.01 | 1901 Grand Concourse | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 16.02 | 667 East 232nd Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 5 | 17 | Ralph Lauren HQ New Jersey | 12/31/2035 | 255,018 | 100.0% | N/A | N/A | N/A | N/A | N/A | ||
Loan | 18 | The Court at Hamilton | 10/31/2036 | 150,000 | 77.3% | Rainbow | 1/31/2022 | 7,850 | 4.0% | Snipes | |||
Loan | 19 | Gleneagles Shopping Center | 3/31/2032 | 12,503 | 31.4% | Vitamin Shoppe | 4/30/2023 | 4,940 | 12.4% | Red Mountain Weight Loss | |||
Loan | 6,7,9 | 20 | Walgreens & Dollar General Portfolio | ||||||||||
Property | 20.01 | Walgreens, Excelsior Springs, MO | 2/28/2034 | 14,490 | 100.0% | N/A | N/A | N/A | N/A | N/A | |||
Property | 20.02 | Walgreens, Kilmarnock, VA | 3/31/2033 | 14,820 | 100.0% | N/A | N/A | N/A | N/A | N/A | |||
Property | 20.03 | Dollar General, Cynthiana, KY | 8/19/2034 | 9,100 | 100.0% | N/A | N/A | N/A | N/A | N/A | |||
Property | 20.04 | Dollar General, Fairview, KY | 7/19/2034 | 9,100 | 100.0% | N/A | N/A | N/A | N/A | N/A | |||
Property | 20.05 | Dollar General, Wheatland, MO | 4/30/2035 | 9,026 | 100.0% | N/A | N/A | N/A | N/A | N/A | |||
Property | 20.06 | Dollar General, Parkers Lake, KY | 6/30/2034 | 7,489 | 100.0% | N/A | N/A | N/A | N/A | N/A | |||
Property | 20.07 | Dollar General, London, KY | 6/30/2033 | 9,026 | 100.0% | N/A | N/A | N/A | N/A | N/A | |||
Loan | 6,9 | 21 | BC Storage Portfolio | ||||||||||
Property | 21.01 | Burns | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 21.02 | White Bluff | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 21.03 | Dickson | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 9 | 22 | 514 West 211th Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 9,17 | 23 | 51 Columbia | 1/31/2035 | 34,299 | 100.0% | N/A | N/A | N/A | N/A | N/A | ||
Loan | 9 | 24 | 89-16 175 Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 25 | Independence Plaza | 06/30/2032 | 8,005 | 10.1% | Meridian Bank | 2/28/2023 | 6,050 | 7.6% | Breakwater Accounting | |||
Loan | 7 | 26 | 14741 Memorial Drive | 12/31/2021 | 5,551 | 17.7% | Original Napoli Restaurant and Gourmet Burgers | 2/28/2021 | 2,450 | 7.8% | Viet Urban Kitchen | ||
Loan | 18 | 27 | Carbon 550 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 28 | 9177 Ridgetop | 10/14/2039 | 14,877 | 89.5% | N/A | N/A | N/A | N/A | N/A | |||
Loan | 12 | 29 | 555 Grand Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 30 | 96 Bedford Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 31 | Shops at Oak Forest | 12/31/2023 | 3,127 | 13.9% | Plonk! | 1/31/2024 | 2,611 | 11.6% | Sweet Frog | |||
Loan | 9 | 32 | Sparta Self Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 33 | Walden Court Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 6,8 | 34 | Pangea 24 | ||||||||||
Property | 34.01 | 109 North Laramie Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 34.02 | 5125 North Madison Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 34.03 | 4641 West Jackson Boulevard | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 34.04 | 8001 South Muskegon Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 34.05 | 8935 South Dauphin Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 34.06 | 15210 Chicago Road | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 35 | Fed Ex Mt. Pleasant | 5/6/2030 | 26,815 | 100.0% | N/A | N/A | N/A | N/A | N/A | |||
Loan | 36 | 600 University Office | 11/14/2025 | 13,537 | 35.2% | State of Florida Department of Financial Services | 3/31/2025 | 4,475 | 11.6% | Attorneys Title Fund Services | |||
Loan | 9 | 37 | Walgreens Charlotte, NC | 12/31/2030 | 14,490 | 100.0% | N/A | N/A | N/A | N/A | N/A | ||
Loan | 38 | Hunter Ridge | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 39 | Hannah Del Estate MHC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 9 | 40 | Fresenius Las Vegas | 2/28/2029 | 10,451 | 100.0% | N/A | N/A | N/A | N/A | N/A | ||
Loan | 41 | Walgreens Sycamore | 01/31/2040 | 15,120 | 100.0% | N/A | N/A | N/A | N/A | N/A | |||
Loan | 42 | A1A Stow-A-Way Self Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 9 | 43 | Sentry Self Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | 3rd Largest Tenant Lease Expiration(4) | 3rd Largest Tenant NSF | 3rd Largest Tenant % of NSF | 4th Largest Tenant | 4th Largest Tenant Lease Expiration(4) | 4th Largest Tenant NSF | 4th Largest Tenant % of NSF | 5th Largest Tenant | 5th Largest Tenant Lease Expiration(4) | 5th Largest Tenant NSF | 5th Largest Tenant % of NSF | ||
Loan | 5,7,8,9,10,11 | 1 | The Liz | 11/30/2029 | 9,304 | 6.6% | Sephora | 1/31/2030 | 5,823 | 4.2% | Bluestone Lane | 2/28/2030 | 2,270 | 1.6% | ||
Loan | 2 | Bayview Corporate Tower | 11/30/2027 | 25,503 | 6.2% | Envision Pharm | 06/30/2027 | 23,026 | 5.6% | Kovack Securities Inc | 12/31/2021 | 16,769 | 4.1% | |||
Loan | 6,7,12 | 3 | FTERE Bronx Portfolio 5 | |||||||||||||
Property | 3.01 | 3031 & 3041 Holland Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 3.02 | 610 Trinity Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 3.03 | 2770-2780 Kingsbridge Terrace | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 3.04 | 1787-1791 Walton Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 3.05 | 75 West 190th Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 6,12 | 4 | Texas Multifamily Portfolio | |||||||||||||
Property | 4.01 | The Presidio Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 4.02 | Ravenwood Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 4.03 | Laguna Azul Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 4.04 | Pebble Walk Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 5,8,13,14 | 5 | 525 Market Street | 113035 SF (6/30/2025); 28109 SF (5/28/2026); 1785 SF (6/29/2023) | 142,929 | 13.8% | Cloudera, Inc. | 5/31/2025 | 57,272 | 5.5% | Zurich American Insurance Company | 11/30/2022 | 39,923 | 3.9% | ||
Loan | 5,8,15,16 | 6 | Bellagio Hotel and Casino | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 6,7 | 7 | 3210 Riverdale Avenue & 1616 Amsterdam Avenue | |||||||||||||
Property | 7.01 | 3210 Riverdale Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 7.02 | 1616 Amsterdam Avenue | 11/30/2025 | 935 | 23.6% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 8,9 | 8 | UHG Optum Health Campus | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 9 | 235 Canal Street | 4/30/2030 | 3,625 | 9.4% | Yong Mei Liu | 6/30/2021 | 118 | 0.3% | Colossal Media | 6/30/2024 | 0 | ||||
Loan | 5,6,7 | 10 | Bushwick Multifamily Portfolio | |||||||||||||
Property | 10.01 | 276 Nostrand Avenue | 9/30/2028 | 625 | 16.3% | Burly Café, Inc. | 3/31/2031 | 600 | 15.6% | G-Line Barbers, LLC | 5/31/2023 | 400 | 10.4% | |||
Property | 10.02 | 70 Bushwick Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 10.03 | 894 Bushwick Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 10.04 | 679 Grand Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 10.05 | 735 & 737 Bushwick Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 10.06 | 17 Troutman Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 10.07 | 934 Lafayette Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 8,9 | 11 | Palms at Cinco Ranch | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 5 | 12 | HPE Campus | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 13 | Broadway & Thomas | 5/31/2029 | 2,011 | 3.9% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 6,9 | 14 | New Haven Multifamily Portfolio | |||||||||||||
Property | 14.01 | Chapel Street and Sherman Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 14.02 | Howe Street and Lynwood Place | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 14.03 | Ellsworth Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 14.04 | Colby Court | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 14.05 | Park Street and Elm Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 14.06 | Bradley Street and Trumbull Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 15 | Katella Corporate Center | 5/31/2021 | 7,533 | 9.3% | CTL LAX, Inc. | 4,180 SF (11/30/2022); 1,774 SF (12/31/2020) | 5,954 | 7.3% | YAO Yang Enterprises | 1/31/2022 | 3,017 | 3.7% | |||
Loan | 6,7,12 | 16 | Bronx Multifamily Portfolio V | |||||||||||||
Property | 16.01 | 1901 Grand Concourse | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 16.02 | 667 East 232nd Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 5 | 17 | Ralph Lauren HQ New Jersey | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 18 | The Court at Hamilton | 10/31/2026 | 6,305 | 3.2% | Capital Health Primary Care | 3/31/2030 | 6,000 | 3.1% | Jay Beauty Supply | 10/31/2026 | 5,359 | 2.8% | |||
Loan | 19 | Gleneagles Shopping Center | 9/30/2023 | 4,375 | 11.0% | SOI Brow | 12/31/2029 | 2,500 | 6.3% | Snappy Salads Three | 7/31/2026 | 2,412 | 6.1% | |||
Loan | 6,7,9 | 20 | Walgreens & Dollar General Portfolio | |||||||||||||
Property | 20.01 | Walgreens, Excelsior Springs, MO | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 20.02 | Walgreens, Kilmarnock, VA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 20.03 | Dollar General, Cynthiana, KY | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 20.04 | Dollar General, Fairview, KY | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 20.05 | Dollar General, Wheatland, MO | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 20.06 | Dollar General, Parkers Lake, KY | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 20.07 | Dollar General, London, KY | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 6,9 | 21 | BC Storage Portfolio | |||||||||||||
Property | 21.01 | Burns | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 21.02 | White Bluff | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 21.03 | Dickson | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 9 | 22 | 514 West 211th Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 9,17 | 23 | 51 Columbia | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 9 | 24 | 89-16 175 Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 25 | Independence Plaza | 6/30/2022 | 4,000 | 5.0% | Melting Pot | 05/31/2024 | 3,700 | 4.7% | Takumi Restaurant | 8/31/2023 | 3,366 | 4.2% | |||
Loan | 7 | 26 | 14741 Memorial Drive | 9/30/2024 | 2,250 | 7.2% | Vellisimo Salon & Spa | 7/31/2022 | 1,800 | 5.7% | Memorial Post Center | 2/29/2024 | 1,800 | 5.7% | ||
Loan | 18 | 27 | Carbon 550 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 28 | 9177 Ridgetop | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 12 | 29 | 555 Grand Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 30 | 96 Bedford Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 31 | Shops at Oak Forest | 10/31/2021 | 2,069 | 9.2% | Texan Nails Spa | 11/30/2023 | 1,625 | 7.2% | Mathew Naftis, DDS | 4/30/2024 | 1,625 | 7.2% | |||
Loan | 9 | 32 | Sparta Self Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 33 | Walden Court Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 6,8 | 34 | Pangea 24 | |||||||||||||
Property | 34.01 | 109 North Laramie Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 34.02 | 5125 North Madison Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 34.03 | 4641 West Jackson Boulevard | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 34.04 | 8001 South Muskegon Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 34.05 | 8935 South Dauphin Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 34.06 | 15210 Chicago Road | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 35 | Fed Ex Mt. Pleasant | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 36 | 600 University Office | 7/31/2024 | 2,500 | 6.5% | N8 Potential Holdings PLLC - DBA Dynamic Life | 6/30/2024 | 1,876 | 4.9% | State of Florida Department of Health | 3/31/2025 | 1,435 | 3.7% | |||
Loan | 9 | 37 | Walgreens Charlotte, NC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 38 | Hunter Ridge | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 39 | Hannah Del Estate MHC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 9 | 40 | Fresenius Las Vegas | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 41 | Walgreens Sycamore | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 42 | A1A Stow-A-Way Self Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 9 | 43 | Sentry Self Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Upfront Replacement Reserves | Monthly Replacement Reserves | Replacement Reserve Cap | Upfront TI/LC Reserves | Monthly TI/LC Reserves | TI/LC Reserve Cap | Upfront Tax Reserves | Monthly Tax Reserves | Upfront Insurance Reserves | Monthly Insurance Reserves | Upfront Deferred Maint. Reserve | Initial Other Reserves | Ongoing Other Reserves | |
Loan | 5,7,8,9,10,11 | 1 | The Liz | $3,265,918 | $2,966 | $0 | $1,308,942 | $10,215 | $0 | $135,462 | $22,577 | $80,214 | $6,417 | $0 | $3,117,459 | $0 | |
Loan | 2 | Bayview Corporate Tower | $0 | $6,897 | $0 | $5,400,000 | $34,484 | $5,400,000 | $655,742 | $81,968 | $69,220 | $69,220 | $22,619 | $4,131,192 | $0 | ||
Loan | 6,7,12 | 3 | FTERE Bronx Portfolio 5 | $0 | $8,405 | $0 | $0 | $0 | $0 | $53,971 | $53,971 | $0 | $0 | $22,000 | $1,450,000 | $0 | |
Property | 3.01 | 3031 & 3041 Holland Avenue | |||||||||||||||
Property | 3.02 | 610 Trinity Avenue | |||||||||||||||
Property | 3.03 | 2770-2780 Kingsbridge Terrace | |||||||||||||||
Property | 3.04 | 1787-1791 Walton Avenue | |||||||||||||||
Property | 3.05 | 75 West 190th Street | |||||||||||||||
Loan | 6,12 | 4 | Texas Multifamily Portfolio | $0 | $25,900 | $0 | $0 | $0 | $0 | $351,713 | $117,238 | $69,172 | $18,339 | $1,123,550 | $0 | $0 | |
Property | 4.01 | The Presidio Apartments | |||||||||||||||
Property | 4.02 | Ravenwood Apartments | |||||||||||||||
Property | 4.03 | Laguna Azul Apartments | |||||||||||||||
Property | 4.04 | Pebble Walk Apartments | |||||||||||||||
Loan | 5,8,13,14 | 5 | 525 Market Street | $0 | $0 | $413,616 | $0 | $0 | $2,068,082 | $0 | $0 | $0 | $0 | $0 | $41,391,428 | $0 | |
Loan | 5,8,15,16 | 6 | Bellagio Hotel and Casino | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Loan | 6,7 | 7 | 3210 Riverdale Avenue & 1616 Amsterdam Avenue | $0 | $2,616 | $0 | $0 | $0 | $0 | $85,815 | $28,605 | $82,167 | $6,811 | $158,220 | $0 | $0 | |
Property | 7.01 | 3210 Riverdale Avenue | |||||||||||||||
Property | 7.02 | 1616 Amsterdam Avenue | |||||||||||||||
Loan | 8,9 | 8 | UHG Optum Health Campus | $0 | $7,889 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $122,500 | $0 | $0 | |
Loan | 9 | 235 Canal Street | $0 | $764 | $0 | $0 | $19,023 | $0 | $674,625 | $96,375 | $39,351 | $3,977 | $4,750 | $94,000 | $0 | ||
Loan | 5,6,7 | 10 | Bushwick Multifamily Portfolio | $0 | $2,313 | $0 | $0 | $0 | $0 | $31,856 | $9,102 | $23,137 | $5,784 | $0 | $0 | $0 | |
Property | 10.01 | 276 Nostrand Avenue | |||||||||||||||
Property | 10.02 | 70 Bushwick Avenue | |||||||||||||||
Property | 10.03 | 894 Bushwick Avenue | |||||||||||||||
Property | 10.04 | 679 Grand Street | |||||||||||||||
Property | 10.05 | 735 & 737 Bushwick Avenue | |||||||||||||||
Property | 10.06 | 17 Troutman Street | |||||||||||||||
Property | 10.07 | 934 Lafayette Avenue | |||||||||||||||
Loan | 8,9 | 11 | Palms at Cinco Ranch | $0 | $4,767 | $0 | $0 | $0 | $0 | $499,610 | $49,961 | $85,271 | $11,573 | $0 | $409,814 | $0 | |
Loan | 5 | 12 | HPE Campus | $0 | $7,456 | $268,419 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Loan | 13 | Broadway & Thomas | $0 | $1,078 | $38,792 | $158,875 | $2,155 | $51,722 | $19,122 | $9,561 | $19,772 | $1,318 | $0 | $94,722 | $0 | ||
Loan | 6,9 | 14 | New Haven Multifamily Portfolio | $0 | $5,042 | $0 | $0 | $0 | $0 | $77,653 | $38,827 | $63,058 | $13,226 | $99,669 | $462,283 | $0 | |
Property | 14.01 | Chapel Street and Sherman Avenue | |||||||||||||||
Property | 14.02 | Howe Street and Lynwood Place | |||||||||||||||
Property | 14.03 | Ellsworth Avenue | |||||||||||||||
Property | 14.04 | Colby Court | |||||||||||||||
Property | 14.05 | Park Street and Elm Street | |||||||||||||||
Property | 14.06 | Bradley Street and Trumbull Street | |||||||||||||||
Loan | 15 | Katella Corporate Center | $0 | $1,354 | $0 | $100,000 | $6,833 | $250,000 | $39,503 | $19,752 | $8,330 | $1,041 | $0 | $0 | $0 | ||
Loan | 6,7,12 | 16 | Bronx Multifamily Portfolio V | $0 | $3,121 | $0 | $0 | $0 | $0 | $28,284 | $28,284 | $0 | $0 | $30,818 | $0 | $0 | |
Property | 16.01 | 1901 Grand Concourse | |||||||||||||||
Property | 16.02 | 667 East 232nd Street | |||||||||||||||
Loan | 5 | 17 | Ralph Lauren HQ New Jersey | $0 | $4,251 | $51,016 | $0 | $0 | $0 | $293,602 | $97,867 | $0 | $6,222 | $0 | $9,180,393 | $0 | |
Loan | 18 | The Court at Hamilton | $0 | $551 | $13,232 | $0 | $1,286 | $30,874 | $32,874 | $16,437 | $0 | $0 | $0 | $8,000 | $0 | ||
Loan | 19 | Gleneagles Shopping Center | $0 | $729 | $0 | $0 | $2,487 | $119,367 | $73,036 | $18,259 | $0 | $0 | $0 | $0 | $0 | ||
Loan | 6,7,9 | 20 | Walgreens & Dollar General Portfolio | $0 | $0 | $0 | $0 | $0 | $0 | $41,927 | $4,193 | $914 | $229 | $0 | $0 | $0 | |
Property | 20.01 | Walgreens, Excelsior Springs, MO | |||||||||||||||
Property | 20.02 | Walgreens, Kilmarnock, VA | |||||||||||||||
Property | 20.03 | Dollar General, Cynthiana, KY | |||||||||||||||
Property | 20.04 | Dollar General, Fairview, KY | |||||||||||||||
Property | 20.05 | Dollar General, Wheatland, MO | |||||||||||||||
Property | 20.06 | Dollar General, Parkers Lake, KY | |||||||||||||||
Property | 20.07 | Dollar General, London, KY | |||||||||||||||
Loan | 6,9 | 21 | BC Storage Portfolio | $0 | $2,207 | $0 | $0 | $0 | $0 | $55,320 | $5,532 | $0 | $0 | $28,701 | $0 | $0 | |
Property | 21.01 | Burns | |||||||||||||||
Property | 21.02 | White Bluff | |||||||||||||||
Property | 21.03 | Dickson | |||||||||||||||
Loan | 9 | 22 | 514 West 211th Street | $0 | $1,646 | $0 | $0 | $0 | $0 | $24,640 | $8,213 | $3,693 | $3,693 | $19,625 | $0 | $0 | |
Loan | 9,17 | 23 | 51 Columbia | $34,299 | $0 | $0 | $0 | $0 | $0 | $99,750 | $14,250 | $5,376 | $896 | $0 | $242,195 | $0 | |
Loan | 9 | 24 | 89-16 175 Street | $0 | $1,182 | $14,179 | $0 | $0 | $0 | $15,868 | $15,868 | $0 | $0 | $7,500 | $0 | $0 | |
Loan | 25 | Independence Plaza | $63,381 | $1,304 | $63,381 | $316,904 | $6,519 | $316,904 | $86,422 | $8,642 | $13,784 | $1,969 | $10,000 | $547,943 | $0 | ||
Loan | 7 | 26 | 14741 Memorial Drive | $30,000 | $836 | $0 | $0 | $2,613 | $156,790 | $9,722 | $4,861 | $0 | $0 | $45,000 | $19,302 | $0 | |
Loan | 18 | 27 | Carbon 550 | $0 | $833 | $0 | $0 | $0 | $0 | $855 | $428 | $3,530 | $1,765 | $0 | $0 | $0 | |
Loan | 28 | 9177 Ridgetop | $0 | $208 | $9,992 | $0 | $0 | $0 | $0 | $5,158 | $1,649 | $275 | $0 | $0 | $0 | ||
Loan | 12 | 29 | 555 Grand Street | $0 | $250 | $10,000 | $0 | $0 | $0 | $0 | $5,619 | $2,164 | $668 | $0 | $0 | $0 | |
Loan | 30 | 96 Bedford Avenue | $0 | $167 | $10,000 | $0 | $0 | $0 | $1,330 | $1,330 | $4,308 | $568 | $0 | $0 | $0 | ||
Loan | 31 | Shops at Oak Forest | $0 | $319 | $0 | $150,000 | $0 | $150,000 | $42,495 | $14,165 | $0 | $0 | $0 | $0 | $0 | ||
Loan | 9 | 32 | Sparta Self Storage | $0 | $850 | $30,585 | $0 | $0 | $0 | $18,583 | $9,292 | $2,581 | $860 | $11,250 | $0 | $0 | |
Loan | 33 | Walden Court Apartments | $0 | $3,122 | $0 | $0 | $0 | $0 | $118,877 | $10,807 | $0 | $3,174 | $12,250 | $0 | $0 | ||
Loan | 6,8 | 34 | Pangea 24 | $0 | $1,979 | $71,250 | $0 | $0 | $0 | $35,152 | $7,030 | $16,311 | $1,359 | $0 | $0 | $0 | |
Property | 34.01 | 109 North Laramie Avenue | |||||||||||||||
Property | 34.02 | 5125 North Madison Street | |||||||||||||||
Property | 34.03 | 4641 West Jackson Boulevard | |||||||||||||||
Property | 34.04 | 8001 South Muskegon Avenue | |||||||||||||||
Property | 34.05 | 8935 South Dauphin Avenue | |||||||||||||||
Property | 34.06 | 15210 Chicago Road | |||||||||||||||
Loan | 35 | Fed Ex Mt. Pleasant | $0 | $223 | $0 | $0 | $2,235 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | ||
Loan | 36 | 600 University Office | $0 | $645 | $0 | $0 | $5,000 | $240,000 | $12,613 | $2,102 | $34,106 | $2,436 | $0 | $292,543 | $0 | ||
Loan | 9 | 37 | Walgreens Charlotte, NC | $2,898 | $0 | $2,898 | $0 | $966 | $0 | $52,065 | $4,005 | $394 | $197 | $0 | $0 | $0 | |
Loan | 38 | Hunter Ridge | $0 | $1,625 | $150,000 | $0 | $0 | $0 | $20,717 | $5,179 | $22,688 | $2,063 | $25,000 | $354,375 | $0 | ||
Loan | 39 | Hannah Del Estate MHC | $0 | $275 | $0 | $0 | $0 | $0 | $29,731 | $3,303 | $1,027 | $514 | $0 | $0 | $0 | ||
Loan | 9 | 40 | Fresenius Las Vegas | $0 | $174 | $6,270 | $0 | $0 | $0 | $1,080 | $1,080 | $3,352 | $419 | $0 | $0 | $0 | |
Loan | 41 | Walgreens Sycamore | $0 | $189 | $0 | $0 | $0 | $0 | $0 | $0 | $560 | $280 | $0 | $0 | $0 | ||
Loan | 42 | A1A Stow-A-Way Self Storage | $0 | $359 | $15,000 | $0 | $0 | $0 | $22,167 | $2,463 | $14,187 | $1,526 | $0 | $0 | $0 | ||
Loan | 9 | 43 | Sentry Self Storage | $0 | $649 | $23,363 | $0 | $0 | $0 | $13,835 | $2,767 | $12,282 | $1,023 | $10,091 | $31,690 | $0 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Other Reserves Description | Appraisal Report Date | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | Seismic Zone (Y/N) | PML % | |
Loan | 5,7,8,9,10,11 | 1 | The Liz | Earn-out Reserve; Free Rent Reserve; Special Rollover Reserve | 5/19/2020 | 3/18/2020 | N/A | 3/17/2020 | N/A | No | N/A | |
Loan | 2 | Bayview Corporate Tower | Suzano Upfront Rollover Reserve; US Medicare Upfront Rollover Reserve; Tenant Specific Upfront Rollover Reserve; Free Rent Abatement Reserve; Debt Service Reserve | 6/26/2020 | 1/27/2020 | N/A | 1/27/2020 | N/A | No | N/A | ||
Loan | 6,7,12 | 3 | FTERE Bronx Portfolio 5 | J-51 Exemption Funds | ||||||||
Property | 3.01 | 3031 & 3041 Holland Avenue | 2/11/2020 | 1/3/2020 | N/A | 1/3/2020 | N/A | No | N/A | |||
Property | 3.02 | 610 Trinity Avenue | 2/7/2020 | 1/3/2020 | N/A | 1/3/2020 | N/A | No | N/A | |||
Property | 3.03 | 2770-2780 Kingsbridge Terrace | 2/10/2020 | 1/3/2020 | N/A | 1/3/2020 | N/A | No | N/A | |||
Property | 3.04 | 1787-1791 Walton Avenue | 2/12/2020 | 1/3/2020 | N/A | 1/3/2020 | N/A | No | N/A | |||
Property | 3.05 | 75 West 190th Street | 2/7/2020 | 1/3/2020 | N/A | 1/3/2020 | N/A | No | N/A | |||
Loan | 6,12 | 4 | Texas Multifamily Portfolio | N/A | ||||||||
Property | 4.01 | The Presidio Apartments | 2/27/2020 | 2/27/2020 | N/A | 2/25/2020 | N/A | No | N/A | |||
Property | 4.02 | Ravenwood Apartments | 2/27/2020 | 2/27/2020 | N/A | 2/25/2020 | N/A | No | N/A | |||
Property | 4.03 | Laguna Azul Apartments | 2/27/2020 | 2/26/2020 | N/A | 2/25/2020 | N/A | No | N/A | |||
Property | 4.04 | Pebble Walk Apartments | 2/27/2020 | 2/27/2020 | N/A | 2/25/2020 | N/A | No | N/A | |||
Loan | 5,8,13,14 | 5 | 525 Market Street | Free Rent Reserve; Outstanding TI/LC Reserve | 12/9/2019 | 12/5/2019 | N/A | 11/22/2019 | 12/6/2019 | Yes - 4 | 17.0% | |
Loan | 5,8,15,16 | 6 | Bellagio Hotel and Casino | N/A | 11/12/2019 | 11/6/2019 | N/A | 11/6/2019 | N/A | No | N/A | |
Loan | 6,7 | 7 | 3210 Riverdale Avenue & 1616 Amsterdam Avenue | N/A | ||||||||
Property | 7.01 | 3210 Riverdale Avenue | 1/22/2020 | 1/10/2020 | N/A | 1/10/2020 | N/A | No | N/A | |||
Property | 7.02 | 1616 Amsterdam Avenue | 1/29/2020 | 1/10/2020 | N/A | 1/10/2020 | N/A | No | N/A | |||
Loan | 8,9 | 8 | UHG Optum Health Campus | N/A | 6/29/2020 | 2/7/2020 | N/A | 2/14/2020 | N/A | No | N/A | |
Loan | 9 | 235 Canal Street | Mount Sinai Rent Reserve | 4/14/2020 | 3/20/2020 | N/A | 3/20/2020 | N/A | No | N/A | ||
Loan | 5,6,7 | 10 | Bushwick Multifamily Portfolio | N/A | ||||||||
Property | 10.01 | 276 Nostrand Avenue | 2/14/2020 | 1/7/2020 | N/A | 1/7/2020 | N/A | No | N/A | |||
Property | 10.02 | 70 Bushwick Avenue | 2/14/2020 | 1/7/2020 | N/A | 1/7/2020 | N/A | No | N/A | |||
Property | 10.03 | 894 Bushwick Avenue | 2/14/2020 | 1/7/2020 | N/A | 1/7/2020 | N/A | No | N/A | |||
Property | 10.04 | 679 Grand Street | 2/24/2020 | 1/7/2020 | N/A | 1/7/2020 | N/A | No | N/A | |||
Property | 10.05 | 735 & 737 Bushwick Avenue | 2/14/2020 | 1/7/2020 | N/A | 1/7/2020 | N/A | No | N/A | |||
Property | 10.06 | 17 Troutman Street | 2/14/2020 | 1/7/2020 | N/A | 1/7/2020 | N/A | No | N/A | |||
Property | 10.07 | 934 Lafayette Avenue | 2/14/2020 | 1/7/2020 | N/A | 1/7/2020 | N/A | No | N/A | |||
Loan | 8,9 | 11 | Palms at Cinco Ranch | Debt Service Reserve | 3/17/2020 | 3/9/2020 | N/A | 3/10/2020 | N/A | No | N/A | |
Loan | 5 | 12 | HPE Campus | Common Charges Reserve | 2/8/2020 | 11/15/2019 | N/A | 2/3/2020 | 1/29/2020 | Yes - 3 | 3.0% | |
Loan | 13 | Broadway & Thomas | Free Rent Reserve | 1/8/2020 | 8/19/2019 | N/A | 8/19/2019 | 8/19/2019 | Yes - 4 | 10.0% | ||
Loan | 6,9 | 14 | New Haven Multifamily Portfolio | Radon Reserve; Interest Reserve | ||||||||
Property | 14.01 | Chapel Street and Sherman Avenue | 6/18/2020 | 5/26/2020 | N/A | 5/29/2020 | N/A | No | N/A | |||
Property | 14.02 | Howe Street and Lynwood Place | 6/17/2020 | 5/26/2020 | N/A | 5/29/2020 | N/A | No | N/A | |||
Property | 14.03 | Ellsworth Avenue | 6/17/2020 | 5/29/2020 | N/A | 5/29/2020 | N/A | No | N/A | |||
Property | 14.04 | Colby Court | 6/17/2020 | 5/29/2020 | N/A | 5/29/2020 | N/A | No | N/A | |||
Property | 14.05 | Park Street and Elm Street | 6/19/2020 | 5/26/2020 | N/A | 5/29/2020 | N/A | No | N/A | |||
Property | 14.06 | Bradley Street and Trumbull Street | 6/19/2020 | 5/26/2020 | N/A | 5/29/2020 | N/A | No | N/A | |||
Loan | 15 | Katella Corporate Center | Free Rent Reserve; Outstanding TI/LC Reserve | 2/26/2020 | 2/21/2020 | N/A | 2/20/2020 | 2/20/2020 | Yes - 3 | 14.0% | ||
Loan | 6,7,12 | 16 | Bronx Multifamily Portfolio V | N/A | ||||||||
Property | 16.01 | 1901 Grand Concourse | 2/12/2020 | 2/18/2020 | N/A | 2/18/2020 | N/A | No | N/A | |||
Property | 16.02 | 667 East 232nd Street | 2/25/2020 | 10/1/2019 | N/A | 10/1/2019 | N/A | No | N/A | |||
Loan | 5 | 17 | Ralph Lauren HQ New Jersey | Environmental Escrow; Free Rent; Gap Reserve; Liqduidation Payment/ Rent Credit Reserve | 12/4/2019 | 11/7/2019 | N/A | 11/6/2019 | N/A | No | N/A | |
Loan | 18 | The Court at Hamilton | Landscaping Reserve | 2/10/2020 | 1/23/2020 | N/A | 1/23/2020 | N/A | No | N/A | ||
Loan | 19 | Gleneagles Shopping Center | N/A | 3/5/2020 | 2/10/2020 | N/A | 2/10/2020 | N/A | No | N/A | ||
Loan | 6,7,9 | 20 | Walgreens & Dollar General Portfolio | N/A | ||||||||
Property | 20.01 | Walgreens, Excelsior Springs, MO | 6/25/2020 | 4/22/2020 | N/A | 4/22/2020 | N/A | No | N/A | |||
Property | 20.02 | Walgreens, Kilmarnock, VA | 6/26/2020 | 4/21/2020 | N/A | 4/14/2020 | N/A | No | N/A | |||
Property | 20.03 | Dollar General, Cynthiana, KY | 6/25/2020 | 4/17/2020 | N/A | 4/22/2020 | N/A | No | N/A | |||
Property | 20.04 | Dollar General, Fairview, KY | 6/25/2020 | 4/20/2020 | N/A | 4/22/2020 | N/A | No | N/A | |||
Property | 20.05 | Dollar General, Wheatland, MO | 6/25/2020 | 4/22/2020 | N/A | 4/22/2020 | N/A | No | N/A | |||
Property | 20.06 | Dollar General, Parkers Lake, KY | 6/26/2020 | 4/21/2020 | N/A | 4/22/2020 | N/A | No | N/A | |||
Property | 20.07 | Dollar General, London, KY | 6/25/2020 | 4/22/2020 | N/A | 4/22/2020 | N/A | No | N/A | |||
Loan | 6,9 | 21 | BC Storage Portfolio | N/A | ||||||||
Property | 21.01 | Burns | 3/6/2020 | 2/26/2020 | N/A | 2/26/2020 | N/A | No | N/A | |||
Property | 21.02 | White Bluff | 3/6/2020 | 2/26/2020 | N/A | 2/26/2020 | N/A | No | N/A | |||
Property | 21.03 | Dickson | 3/6/2020 | 2/26/2020 | N/A | 2/26/2020 | N/A | No | N/A | |||
Loan | 9 | 22 | 514 West 211th Street | N/A | 6/11/2020 | 4/7/2020 | N/A | 4/7/2020 | N/A | No | N/A | |
Loan | 9,17 | 23 | 51 Columbia | Free Rent Reserve | 7/2/2020 | 4/15/2020 | N/A | 4/16/2020 | 6/30/2020 | Yes - 4 | 12.0% | |
Loan | 9 | 24 | 89-16 175 Street | N/A | 4/21/2020 | 4/8/2020 | N/A | 4/7/2020 | N/A | No | N/A | |
Loan | 25 | Independence Plaza | Debt Service Reserve; Free Rent Reserve; Outstanding TI/LC Reserve | 6/18/2020 | 5/15/2020 | N/A | 5/15/2020 | N/A | No | N/A | ||
Loan | 7 | 26 | 14741 Memorial Drive | The Dinner Dude Free Rent; MsssP, LLC TI Obligations; Mrs Donuts TI Obligations | 1/16/2020 | 12/31/2019 | N/A | 1/2/2020 | N/A | No | N/A | |
Loan | 18 | 27 | Carbon 550 | N/A | 2/24/2020 | 1/30/2020 | N/A | 1/29/2020 | N/A | No | N/A | |
Loan | 28 | 9177 Ridgetop | Major Tenant Reserve | 1/10/2020 | 1/17/2020 | N/A | 1/21/2020 | 1/16/2020 | Yes - 3 | 7.0% | ||
Loan | 12 | 29 | 555 Grand Street | N/A | 1/23/2020 | 1/31/2020 | N/A | 1/31/2020 | N/A | No | N/A | |
Loan | 30 | 96 Bedford Avenue | N/A | 2/12/2020 | 12/5/2019 | N/A | 12/5/2019 | N/A | No | N/A | ||
Loan | 31 | Shops at Oak Forest | N/A | 2/6/2020 | 1/24/2020 | N/A | 1/24/2020 | N/A | No | N/A | ||
Loan | 9 | 32 | Sparta Self Storage | N/A | 6/22/2020 | 6/25/2020 | N/A | 6/25/2020 | N/A | No | N/A | |
Loan | 33 | Walden Court Apartments | N/A | 6/22/2020 | 4/27/2020 | N/A | 4/23/2020 | N/A | No | N/A | ||
Loan | 6,8 | 34 | Pangea 24 | N/A | ||||||||
Property | 34.01 | 109 North Laramie Avenue | 2/25/2020 | 2/21/2020 | N/A | 2/24/2020 | N/A | No | N/A | |||
Property | 34.02 | 5125 North Madison Street | 2/25/2020 | 2/19/2020 | N/A | 2/25/2020 | N/A | No | N/A | |||
Property | 34.03 | 4641 West Jackson Boulevard | 3/2/2020 | 2/21/2020 | N/A | 2/25/2020 | N/A | No | N/A | |||
Property | 34.04 | 8001 South Muskegon Avenue | 2/15/2020 | 2/24/2020 | N/A | 2/25/2020 | N/A | No | N/A | |||
Property | 34.05 | 8935 South Dauphin Avenue | 2/15/2020 | 2/24/2020 | N/A | 2/25/2020 | N/A | No | N/A | |||
Property | 34.06 | 15210 Chicago Road | 2/18/2020 | 2/24/2020 | N/A | 2/26/2020 | N/A | No | N/A | |||
Loan | 35 | Fed Ex Mt. Pleasant | N/A | 6/2/2020 | 6/8/2020 | N/A | 6/8/2020 | N/A | No | N/A | ||
Loan | 36 | 600 University Office | Outstanding TI Funds; Rent Concession Fund | 3/10/2020 | 1/9/2020 | N/A | 1/13/2020 | N/A | No | N/A | ||
Loan | 9 | 37 | Walgreens Charlotte, NC | N/A | 6/23/2020 | 6/9/2020 | N/A | 6/9/2020 | N/A | No | N/A | |
Loan | 38 | Hunter Ridge | Economic Holdback; Environmental Reserve | 1/9/2020 | 12/19/2019 | N/A | 12/18/2019 | N/A | No | N/A | ||
Loan | 39 | Hannah Del Estate MHC | N/A | 6/4/2020 | 6/5/2020 | N/A | 6/5/2020 | N/A | Yes - 3 | N/A | ||
Loan | 9 | 40 | Fresenius Las Vegas | N/A | 6/30/2020 | 10/8/2019 | N/A | 10/9/2019 | N/A | No | N/A | |
Loan | 41 | Walgreens Sycamore | Anchor Tenant Reserve | 6/11/2020 | 11/27/2019 | N/A | 5/21/2020 | N/A | No | N/A | ||
Loan | 42 | A1A Stow-A-Way Self Storage | N/A | 5/21/2020 | 3/31/2020 | N/A | 4/1/2020 | N/A | No | N/A | ||
Loan | 9 | 43 | Sentry Self Storage | Interest Reserve | 6/29/2020 | 5/21/2020 | N/A | 5/22/2020 | N/A | No | N/A |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Cut-off Date Pari Passu Mortgage Debt Balance | Coop - Committed Secondary Debt | Cut-off Date Subord. Mortgage Debt Balance | Total Mortgage Debt Cut-off Date LTV Ratio | Total Mortgage Debt UW NCF DSCR | Total Mortgage Debt UW NOI Debt Yield | Cut-off Date Mezzanine Debt Balance | Total Debt Cut-off Date LTV Ratio | Total Debt UW NCF DSCR | Total Debt UW NOI Debt Yield | Coop - Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Coop Units | Coop - Sponsor/ Investor Carry | |||
Loan | 5,7,8,9,10,11 | 1 | The Liz | $33,000,000 | 63.9% | 1.57x | 7.5% | ||||||||||||||||
Loan | 2 | Bayview Corporate Tower | |||||||||||||||||||||
Loan | 6,7,12 | 3 | FTERE Bronx Portfolio 5 | ||||||||||||||||||||
Property | 3.01 | 3031 & 3041 Holland Avenue | |||||||||||||||||||||
Property | 3.02 | 610 Trinity Avenue | |||||||||||||||||||||
Property | 3.03 | 2770-2780 Kingsbridge Terrace | |||||||||||||||||||||
Property | 3.04 | 1787-1791 Walton Avenue | |||||||||||||||||||||
Property | 3.05 | 75 West 190th Street | |||||||||||||||||||||
Loan | 6,12 | 4 | Texas Multifamily Portfolio | ||||||||||||||||||||
Property | 4.01 | The Presidio Apartments | |||||||||||||||||||||
Property | 4.02 | Ravenwood Apartments | |||||||||||||||||||||
Property | 4.03 | Laguna Azul Apartments | |||||||||||||||||||||
Property | 4.04 | Pebble Walk Apartments | |||||||||||||||||||||
Loan | 5,8,13,14 | 5 | 525 Market Street | $430,000,000 | $212,000,000 | 53.7% | 2.96x | 9.0% | |||||||||||||||
Loan | 5,8,15,16 | 6 | Bellagio Hotel and Casino | $1,637,200,000 | $1,333,800,000 | 70.7% | 4.06x | 15.7% | |||||||||||||||
Loan | 6,7 | 7 | 3210 Riverdale Avenue & 1616 Amsterdam Avenue | ||||||||||||||||||||
Property | 7.01 | 3210 Riverdale Avenue | |||||||||||||||||||||
Property | 7.02 | 1616 Amsterdam Avenue | |||||||||||||||||||||
Loan | 8,9 | 8 | UHG Optum Health Campus | ||||||||||||||||||||
Loan | 9 | 235 Canal Street | |||||||||||||||||||||
Loan | 5,6,7 | 10 | Bushwick Multifamily Portfolio | $30,000,000 | 67.5% | 1.82x | 7.2% | ||||||||||||||||
Property | 10.01 | 276 Nostrand Avenue | |||||||||||||||||||||
Property | 10.02 | 70 Bushwick Avenue | |||||||||||||||||||||
Property | 10.03 | 894 Bushwick Avenue | |||||||||||||||||||||
Property | 10.04 | 679 Grand Street | |||||||||||||||||||||
Property | 10.05 | 735 & 737 Bushwick Avenue | |||||||||||||||||||||
Property | 10.06 | 17 Troutman Street | |||||||||||||||||||||
Property | 10.07 | 934 Lafayette Avenue | |||||||||||||||||||||
Loan | 8,9 | 11 | Palms at Cinco Ranch | ||||||||||||||||||||
Loan | 5 | 12 | HPE Campus | $46,770,000 | 64.8% | 2.71x | 9.9% | ||||||||||||||||
Loan | 13 | Broadway & Thomas | |||||||||||||||||||||
Loan | 6,9 | 14 | New Haven Multifamily Portfolio | ||||||||||||||||||||
Property | 14.01 | Chapel Street and Sherman Avenue | |||||||||||||||||||||
Property | 14.02 | Howe Street and Lynwood Place | |||||||||||||||||||||
Property | 14.03 | Ellsworth Avenue | |||||||||||||||||||||
Property | 14.04 | Colby Court | |||||||||||||||||||||
Property | 14.05 | Park Street and Elm Street | |||||||||||||||||||||
Property | 14.06 | Bradley Street and Trumbull Street | |||||||||||||||||||||
Loan | 15 | Katella Corporate Center | |||||||||||||||||||||
Loan | 6,7,12 | 16 | Bronx Multifamily Portfolio V | ||||||||||||||||||||
Property | 16.01 | 1901 Grand Concourse | |||||||||||||||||||||
Property | 16.02 | 667 East 232nd Street | |||||||||||||||||||||
Loan | 5 | 17 | Ralph Lauren HQ New Jersey | $44,000,000 | 59.4% | 3.00x | 9.6% | ||||||||||||||||
Loan | 18 | The Court at Hamilton | |||||||||||||||||||||
Loan | 19 | Gleneagles Shopping Center | |||||||||||||||||||||
Loan | 6,7,9 | 20 | Walgreens & Dollar General Portfolio | ||||||||||||||||||||
Property | 20.01 | Walgreens, Excelsior Springs, MO | |||||||||||||||||||||
Property | 20.02 | Walgreens, Kilmarnock, VA | |||||||||||||||||||||
Property | 20.03 | Dollar General, Cynthiana, KY | |||||||||||||||||||||
Property | 20.04 | Dollar General, Fairview, KY | |||||||||||||||||||||
Property | 20.05 | Dollar General, Wheatland, MO | |||||||||||||||||||||
Property | 20.06 | Dollar General, Parkers Lake, KY | |||||||||||||||||||||
Property | 20.07 | Dollar General, London, KY | |||||||||||||||||||||
Loan | 6,9 | 21 | BC Storage Portfolio | ||||||||||||||||||||
Property | 21.01 | Burns | |||||||||||||||||||||
Property | 21.02 | White Bluff | |||||||||||||||||||||
Property | 21.03 | Dickson | |||||||||||||||||||||
Loan | 9 | 22 | 514 West 211th Street | ||||||||||||||||||||
Loan | 9,17 | 23 | 51 Columbia | ||||||||||||||||||||
Loan | 9 | 24 | 89-16 175 Street | ||||||||||||||||||||
Loan | 25 | Independence Plaza | |||||||||||||||||||||
Loan | 7 | 26 | 14741 Memorial Drive | ||||||||||||||||||||
Loan | 18 | 27 | Carbon 550 | ||||||||||||||||||||
Loan | 28 | 9177 Ridgetop | |||||||||||||||||||||
Loan | 12 | 29 | 555 Grand Street | ||||||||||||||||||||
Loan | 30 | 96 Bedford Avenue | |||||||||||||||||||||
Loan | 31 | Shops at Oak Forest | |||||||||||||||||||||
Loan | 9 | 32 | Sparta Self Storage | ||||||||||||||||||||
Loan | 33 | Walden Court Apartments | |||||||||||||||||||||
Loan | 6,8 | 34 | Pangea 24 | ||||||||||||||||||||
Property | 34.01 | 109 North Laramie Avenue | |||||||||||||||||||||
Property | 34.02 | 5125 North Madison Street | |||||||||||||||||||||
Property | 34.03 | 4641 West Jackson Boulevard | |||||||||||||||||||||
Property | 34.04 | 8001 South Muskegon Avenue | |||||||||||||||||||||
Property | 34.05 | 8935 South Dauphin Avenue | |||||||||||||||||||||
Property | 34.06 | 15210 Chicago Road | |||||||||||||||||||||
Loan | 35 | Fed Ex Mt. Pleasant | |||||||||||||||||||||
Loan | 36 | 600 University Office | |||||||||||||||||||||
Loan | 9 | 37 | Walgreens Charlotte, NC | ||||||||||||||||||||
Loan | 38 | Hunter Ridge | |||||||||||||||||||||
Loan | 39 | Hannah Del Estate MHC | |||||||||||||||||||||
Loan | 9 | 40 | Fresenius Las Vegas | ||||||||||||||||||||
Loan | 41 | Walgreens Sycamore | |||||||||||||||||||||
Loan | 42 | A1A Stow-A-Way Self Storage | |||||||||||||||||||||
Loan | 9 | 43 | Sentry Self Storage |
MSC 2020-HR8
Footnotes to Annex A-1
(1) | MSBNA—Morgan Stanley Bank, N.A.; MSMCH—Morgan Stanley Mortgage Capital Holdings LLC; Barclays—Barclays Capital Real Estate Inc.; AREF—Argentic Real Estate Finance LLC; SMC—Starwood Mortgage Capital LLC |
(2) | Certain tenants may not be in occupancy or may be in free rent periods. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” in this preliminary prospectus for information regarding the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans and sole tenants at their respective mortgaged properties that are not in occupancy or are in free rent periods. |
(3) | The Administrative Fee Rate includes the master servicing fee rate, operating advisor fee rate, certificate administrator/trustee fee rate, asset representations reviewer fee rate, primary or sub-servicing servicing fee rate, CREFC® license fee rate and, with respect to any non-serviced mortgage loan, pari passu loan primary servicing fee rate, in each case applicable to the related mortgage loan. |
(4) | Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” for information regarding certain lease termination options affecting the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans and sole tenants at their respective mortgaged properties. |
(5) | Each of The Liz Mortgage Loan (Mortgage Loan No. 1), the 525 Market Street Mortgage Loan (Mortgage Loan No. 5), the Bellagio Hotel and Casino Mortgage Loan (Mortgage Loan No. 6), the Bushwick Multifamily Portfolio (Mortgage Loan No.10), the HPE Campus Mortgage Loan (Mortgage Loan No. 12), and the Ralph Lauren HQ New Jersey Mortgage Loan (Mortgage Loan No. 17) is part of a whole loan related to the Issuing Entity. For purposes of the statistical information set forth in this preliminary prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Unit/Room calculations are in each case based on the subject Mortgage Loan together with any related Pari Passu Companion Loan(s), but (unless otherwise indicated) without regard to any related Subordinate Companion Loan(s). For further information, see “Description of the Mortgage Pool—The Whole Loans—General”, “—The Serviced Pari Passu Whole Loans”, “—The Non-Serviced Pari Passu Whole Loans”, “—The Non-Serviced Pari Passu-A/B Whole Loans” and “Pooling and Servicing Agreement” or “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans,” as applicable, in this preliminary prospectus. |
(6) | With respect to Mortgage Loan No. 3, FTERE Bronx Portfolio 5, Mortgage Loan No. 4, Texas Multifamily Portfolio, Mortgage Loan No. 7, 3210 Riverdale Avenue & 1616 Amsterdam Avenue, Mortgage Loan No. 10, Bushwick Multifamily Portfolio, Mortgage Loan No. 14, New Haven Multifamily Portfolio, Mortgage Loan No. 16, Bronx Multifamily Portfolio V, Mortgage Loan No. 20, Walgreens & Dollar General Portfolio, Mortgage Loan No. 21, BC Storage Portfolio and Mortgage Loan No. 34, Pangea 24, each such Mortgage Loan is secured by multiple properties. For purposes of the statistical information set forth in this preliminary prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Unit/Room calculations are shown on an aggregate basis, and a portion of the Cut-off Date Balance has been allocated to each mortgaged property based on the respective Appraised Values and/or Underwritten NCF, among other methods. |
(7) | With respect to Mortgage Loan No. 1, The Liz, Mortgage Loan No. 3, FTERE Bronx Portfolio 5, Mortgage Loan No. 7, 3210 Riverdale Avenue & 1616 Amsterdam Avenue, Mortgage Loan No. 10, Bushwick Multifamily Portfolio, Mortgage Loan No. 16, Bronx Multifamily Portfolio V, Mortgage Loan No. 20, Walgreens & Dollar General Portfolio and Mortgage Loan No. 26, 14741 Memorial Drive the related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, or other release conditions in connection with a partial defeasance, partial prepayment or partial assumption of the related Mortgage Loan. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and "—Partial Releases, Substitutions and Additions” in this preliminary prospectus. |
(8) | With respect to Mortgage Loan No. 1, The Liz, Mortgage Loan No. 5, 525 Market Street, Mortgage Loan No. 6, Bellagio Hotel and Casino, Mortgage Loan No. 8, UHG Optum Health Campus, Mortgage Loan No. 11, Palms at Cinco Ranch and Mortgage Loan No. 34, Pangea 24, the related mortgage loan documents permit future subordinate secured financing or mezzanine financing and/or preferred equity generally subject to compliance with certain combined LTV, DSCR and/or Debt Yield tests. See “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness” in this preliminary prospectus. |
(9) | With respect to Mortgage Loan No. 1, The Liz and Mortgage Loan No. 8, UHG Optum Health Campus, the first payment for each Mortgage Loan is September 6, 2020. On the Closing Date, AREF will deposit sufficient funds to pay the amount of interest that would be due with respect to an August 6, 2020 payment for each such Mortgage Loan. Seasoning (mos.), Prepayment Provisions (No. of Payments), Original Term to Maturity (mos.), Original Interest-only Period (mos.), First Payment Date, Remaining Term to Maturity (mos.) and Remaining Interest-Only Period (mos.) are inclusive of the additional August 6, 2020 interest-only payment to be funded by AREF on the Closing Date. With respect to Mortgage Loan No. 20, Walgreens & Dollar General Portfolio, the first payment date for the Mortgage Loan is September 6, 2020. On the Closing Date, Barclays will deposit sufficient funds to pay the amount of interest that would be due with respect to an August 6, 2020 payment for such Mortgage Loan. Seasoning (mos.), Prepayment Provisions (No. of Payments), Original Term to Maturity (mos.), Original Interest-only Period (mos.) First Payment Date, Remaining Term to Maturity (mos.) and Remaining Interest-Only Period (mos.) are inclusive of the additional August 6, 2020 interest-only payment to be funded by Barclays on the loan securitization Closing Date. With respect to Mortgage Loan No. 11, Palms at Cinco Ranch, Mortgage Loan No. 14, New Haven Multifamily Portfolio, Mortgage Loan No. 21, BC Storage Portfolio, Mortgage Loan No. 22, 514 West 211th Street, Mortgage Loan No. 24, 89-16 175 Street, Mortgage Loan No. 37, Walgreens Charlotte, NC, Mortgage Loan No. 40, Fresenius Las Vegas and Mortgage Loan No. 43, Sentry Self Storage, the first payment date for the Mortgage Loan is September 1, 2020. On the Closing Date, MSMCH will deposit sufficient funds to pay the amount of interest that would be due with respect to an August 1, 2020 payment for each such Mortgage Loan. Seasoning (mos.), Prepayment Provisions (No. of Payments), Original Term to Maturity (mos.), Original Interest-only Period (mos.) First Payment Date, Remaining Term to Maturity (mos.) and Remaining Interest-Only Period (mos.) are inclusive of the additional August 1, 2020 interest-only payment to be funded by MSMCH on the loan securitization Closing Date. With respect to Mortgage Loan No. 23, 51 Columbia and Mortgage Loan No. 32, Sparta Self Storage, the first payment date for the Mortgage Loan is in September 2020. On the Closing Date, SMC will deposit sufficient funds to pay the amount of interest that would be due with respect to an August 2020 payment for each such Mortgage Loan. Seasoning (mos.), Prepayment Provisions (No. of Payments), Original Term to Maturity (mos.), Original Interest-only Period (mos.) First Payment Date, Remaining Term to Maturity (mos.) and Remaining Interest-Only Period (mos.) are inclusive of the additional August 2020 interest-only payment to be funded by SMC on the Closing Date. |
(10) | With respect to Mortgage Loan No.1, The Liz, the Cut-off Date LTV Ratio and Maturity Date LTV Ratio, in each case calculated based on the loan amount net of the $3,000,000 earnout reserve and using the “as-is” appraised value of $140,800,000 are 63.9% and 63.9%, respectively. The Cut-off Date LTV Ratio and Maturity Date LTV Ratio based on the gross loan amount of $93,000,000 are 66.1% and 66.1%, respectively. In addition, Underwritten NOI Debt Yield and Underwritten NCF Debt Yield (7.5% and 7.3%, respectively) are calculated based on the net loan amount of $90,000,000 (reflecting a deduction of the $3,000,000 earnout reserve amount). Underwritten NOI Debt Yield and Underwritten NCF Debt Yield calculated using the gross loan amount of $93,000,000 are 7.2% and 7.1%, respectively. The lender is required, from time to time, to disburse funds held in the earnout reserve to the borrower within (x) five business days, with respect to a disbursement pursuant to subclause (i) below or (y) fifteen days, with respect to a disbursement pursuant to subclause (ii) below, in the following increments and subject to the lender’s determination that the following conditions have been satisfied: (i) provided no default or cash management period is then continuing, (a) the commercial component remains 100% occupied, (b) the multifamily component is 92% occupied (inclusive of units leased by residential operator(s)), (c) the borrowers enter into a lease agreement with a qualified residential operator for a minimum of eight multifamily units at a minimum of $25,000 per month ($300,000 annually) for five years and collect unabated rent for three consecutive months; the lender will disburse $3,000,000 to the borrowers or (ii) provided no default or cash management period is then continuing, upon the Mortgaged Property achieving an earnout debt yield of 7.20%, the lender is required to release the amount of earnout disbursement utilized in the calculation of such earnout debt yield to the borrowers, provided, that, in no event will the amount of each such disbursement be less than $1,500,000. |
(11) | With respect to Mortgage Loan No. 1, The Liz, occupancy is based on the January 31, 2020 rent roll for the commercial space and the June 24, 2020 rent roll for the residential space. |
(12) | With respect to Mortgage Loan No. 3, FTERE Bronx Portfolio 5, Appraised Value (i) for the 3031 & 3041 Holland Avenue Mortgaged Property includes $1,050,000 attributable to the present value of two J-51 tax abatements that the FTERE Bronx Portfolio 5 Borrowers have informed the lender that they applied for but were denied, which |
denial is currently being litigated; (ii) for the 610 Trinity Avenue Mortgaged Property includes $100,000 attributable to two J-51 tax abatements, which the FTERE Bronx Portfolio 5 Borrowers have informed the lender that they applied for or intend to apply for and $800,000 attributable to a major capital improvements program (the “MCI Program”) rent increase that the FTERE Bronx Portfolio 5 Borrowers have informed the lender that they intend to apply for; (iii) for the 2770-2780 Kingsbridge Terrace Mortgaged Property includes $10,000 attributable to a J-51 tax abatement that the FTERE Bronx Portfolio 5 Borrowers have informed the lender that they intend to apply for; (iv) for the 1787-1791 Walton Avenue Mortgaged Property includes $20,000 attributable to an applied for J-51 tax abatement, and $200,000 attributable to applied for MCI program rent increases; and (v) for the 75 West 190th Street includes $50,000 attributable to two applied for J-51 tax abatements, and $600,000 attributable to applied for MCI program rent increases. |
With respect to Mortgage Loan No. 4, Texas Multifamily Portfolio, the Appraised Value represents a 3.1% premium to the aggregate “as-is” appraised value of the individual Mortgaged Properties. The Cut-off Date LTV Ratio and Maturity Date LTV Ratio for the Texas Multifamily Portfolio Mortgage Loan are calculated using the “as-is” appraised value based on such portfolio premium. The “as-is” appraised value for the Texas Multifamily Portfolio Mortgaged Properties, without regard to the premium, was $79,800,000 as of February 14, 2020. The Cut-off Date LTV Ratio and Maturity Date LTV Ratio calculated using the aggregate “as-is” appraised values, without regard to the premium, are 66.4% and 53.3%, respectively. In addition, the “as-is” appraised value assumes that the Texas Multifamily Portfolio borrowers will win their appeals of the tax assessment with respect to The Presidio Apartments property and the Ravenwood Apartments property. With respect to The Presidio Apartments property, the “as-is” appraised value is $28,400,000, and the value of the property without such assumption is approximately $25,000,000. With respect to the Ravenwood Apartments property, the “as-is” appraised value is $23,100,000, and the value of the property without such assumption is approximately $22,870,000. | |
With respect to Mortgage Loan No. 16, Bronx Multifamily Portfolio V, Appraised Value for the 667 East 232nd Street Mortgaged Property includes $1,000,000 attributable to an MCI Program rent increase and $200,000 attributable to an MCI Program abatement, which have been applied for or are intended to be applied for but have not been received as of the origination date. | |
With respect to Mortgage Loan No. 29, 555 Grand Street, Appraised Value for the mortgaged property includes $1,356,118 attributable to 421-a tax abatement, which has been applied for but has not been received as of the origination date. | |
(13) | With respect to Mortgage Loan No. 5, 525 Market Street, the property is comprised of a fee interest, a leasehold interest and a sub-leasehold interest. The fee, leasehold and sub-leasehold interests are collateral for the Whole Loan. The borrowers own the fee, leasehold and sub-leasehold interests in the Mortgaged Property. The borrower is prohibited from transferring or merging any interests, and cannot terminate, amend or modify the ground lease documents. |
(14) | With respect to Mortgage Loan No. 5, 525 Market Street, a grace period for late payments of 10 days is allowed once per trailing calendar year. |
(15) | With respect to Mortgage Loan No. 6, Bellagio Hotel and Casino, as of the trailing 12 months ending September 30, 2019, 29.6% of underwritten revenues were from gaming, 28.4% from hotel, 24.7% from food & beverage, 9.0% from entertainment and 8.3% from other sources. |
(16) | With respect to Mortgage Loan No. 6, Bellagio Hotel and Casino, the Mortgaged Property was acquired by the borrower in a sale-leaseback transaction from Bellagio, LLC, an indirectly wholly owned subsidiary of MGM Resorts International, which entered into a new 30-year lease, with two 10-year extension options to operate the Mortgaged Property (the “Bellagio Lease”). The Bellagio tenant owns a 5% equity interest in the borrower. Financial and other information in this preliminary prospectus is presented on a “look through” basis, before rent due under the Bellagio Lease. For so long as the Bellagio Lease is in effect, the borrower will be entitled only to the rent due under the Bellagio Lease and not to the underlying rent and other income from the Mortgaged Property. The initial Bellagio Lease annual rent is $245,000,000, and debt service coverage ratio and debt yield for the Bellagio Hotel and Casino Whole Loan based on such initial annual rent are 2.19x and 8.1%, respectively. |
(17) | With respect to Mortgage Loan No. 23, 51 Columbia, the Mortgage Loan is anticipated to be sold to SMC prior to the closing date of the MSC 2020-HR8 securitization transaction. |
(18) | With respect to Mortgage Loan No. 27, Carbon 550, the borrower has the right to lease up to 12 units (24.0% of total units) on a short-term basis of less than one year so long as all such units are managed by Kasa Living, Inc. or a substitute manager approved by the lender. |
A. | “Prepayment Fee” shall mean an amount equal to the greater of (i) the Yield Maintenance Amount, or (ii) (A) during the continuation of an Event of Default, five percent (5%) of the unpaid principal balance of the Note as of the Prepayment Date or (B) otherwise, one percent (1%) of the unpaid principal balance of the note as of the Prepayment Date. “Yield Maintenance Amount” shall mean the present value, as of the Prepayment Date, of the remaining scheduled payments of principal and interest from the Prepayment Date through the Stated Maturity Date (including any balloon payment) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid. “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Treasury Rate when compounded semiannually. “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading U.S. government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Stated Maturity Date. (In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Treasury Rate.) |
B | “Yield Maintenance Amount” shall mean the present value, as of the Repayment Date, of the remaining scheduled payments of principal and interest from the Repayment Date through the Open Prepayment Date (including any balloon payment) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid on the Repayment Date. “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Treasury Rate, each when compounded semi-annually. “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Repayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Open Prepayment Date. (In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Treasury Rate.) |
C. | “Yield Maintenance Premium” means an amount equal to the greater of (a) one-half of one percent (0.50%) of the outstanding principal amount of the loan to be prepaid or satisfied and (b) the excess, if any, of (i) the sum of the present values of all then-scheduled payments of principal and interest under the loan assuming that all scheduled payments are made timely and that the remaining outstanding principal and interest on the applicable Note is paid on the Permitted Par Prepayment Date (with each such payment and assumed payment discounted to its present value at the date of prepayment at the rate which, when compounded monthly, is equivalent to the Prepayment Rate when compounded semi-annually and deducting from the sum of such present values any short-term interest paid from the date of prepayment to the next succeeding Payment Date in the event such payment is not made on a Payment Date), over (ii) the principal amount being prepaid. |
D. | Yield Maintenance Premium: an amount equal to the greater of (i) one percent (1%) of any applicable prepayment, or (b) the present value as of the Prepayment Date of the Calculated Payments determined by discounting such payments at the Discount Rate. As used in this definition, (i) the term “Prepayment Date” means the date on which the applicable prepayment is made; (ii) the term “Calculated Payments” means the monthly payments of interest only which would be due from the Prepayment Date through the Permitted Prepayment Date based on the Principal amount of the Loan being prepaid on the Prepayment Date and assuming an interest rate per annum in the amount, if any, by which the Interest Rate exceeds the Yield Maintenance Treasury Rate; (iii) the term “Discount Rate” means the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. The calculation of the Yield Maintenance Premium shall be made by Lender and shall, absent manifest error, be final, conclusive and binding upon the parties. Yield Maintenance Treasury Rate: the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer and one shorter) most nearly approximating the Permitted Prepayment Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. |
E | “Yield Maintenance Premium” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Loan being prepaid and (ii) an amount equal to the present value as of the Prepayment Date of the Calculated Payments from the Prepayment Date through the Stated Maturity Date determined by discounting such payments at the Discount Rate. As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of the Loan being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (y) the Interest Rate and (z) the Yield Maintenance Treasury Rate. As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Stated Maturity Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. |
F | Yield Maintenance Premium: an amount equal to the greater of (i) one percent (1%) of any applicable prepayment, or (b) the present value as of the Prepayment Date of the Calculated Payments determined by discounting such payments at the Discount Rate. As used in this definition, (i) the term “Prepayment Date” means the date on which the applicable prepayment is made; (ii) the term “Calculated Payments” means the monthly payments of interest only which would be due from the Prepayment Date through the Permitted Prepayment Date based on the Principal amount of the Loan being prepaid on the Prepayment Date and assuming an interest rate per annum in the amount, if any, by which the Applicable Interest Rate exceeds the Yield Maintenance Treasury Rate; (iii) the term “Discount Rate” means the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. The calculation of the Yield Maintenance Premium shall be made by Lender and shall, absent manifest error, be final, conclusive and binding upon the parties. Yield Maintenance Treasury Rate: the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer and one shorter) most nearly approximating the Permitted Prepayment Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. |
G. | “Yield Maintenance Premium” shall mean an amount equal to the greater of: (x) one percent (1%) of the principal amount of this Note being prepaid or (y) the present value as of the Prepayment Date (defined below) of the Calculated Payments (defined below) from the Prepayment Date through the Open Prepayment Date determined by discounting such payments at the Discount Rate (defined below). As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of this Note being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (1) the Applicable Interest Rate and (2) the Yield Maintenance Treasury Rate (defined below). As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Open Prepayment Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. |
H. | “Yield Maintenance Premium” shall mean an amount equal to the greater of: (x) one percent (1%) of the principal amount of this Note being prepaid or (y) the present value as of the Prepayment Date (defined below) of the Calculated Payments (defined below) from the Prepayment Date through the Maturity Date determined by |
discounting such payments at the Discount Rate (defined below). As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of this Note being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (1) the Applicable Interest Rate and (2) the Yield Maintenance Treasury Rate (defined below). As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Maturity Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. | |
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I. | “Yield Maintenance Premium” shall mean an amount equal to the greater of: (x) one percent (1%) of the principal amount of this Note being prepaid or (y) the present value as of the Prepayment Date (defined below) of the Calculated Payments (defined below) from the Prepayment Date through the Maturity Date determined by discounting such payments at the Discount Rate (defined below). As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of this Note being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (1) the Applicable Interest Rate and (2) the Yield Maintenance Treasury Rate (defined below). As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Maturity Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. |
J. | “Yield Maintenance Premium” shall mean an amount equal to the greater of (i) one percent (1%) of the outstanding principal balance of the Loan to be prepared or satisfied and (ii) the present value, as of the Prepayment Date, of the remaining scheduled payment of principal and interest from the Prepayment Date through the Maturity Date (including any balloon payment) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid. “Discount Rate” shall mean the rate that, when compounded monthly, is equivalent to the Treasury Rate when compounded semiannually. “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 – Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Maturity Date. If Release H.15 is no longer published, Lender shall select in its reasonable discretion a comparable publication to determine the Treasury Rate. |