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| The depositor has filed a registration statement (including a prospectus) with the SEC (File No. 333-228375) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, the depositor or any underwriter or dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll free 1-800-294-1322 or by email to dg.Prospectus_Requests@baml.com. | |
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| This material was prepared by sales, trading, banking or other non-research personnel of one of the following (or an affiliate thereof): BofA Securities, Inc. (together with its affiliates, “BofA Securities, “), Wells Fargo Securities, LLC (together with its affiliates, “Wells Fargo”), Morgan Stanley & Co. LLC, Morgan Stanley & Co. International Limited, Morgan Stanley Japan Limited and/or Morgan Stanley Dean Witter Asia Limited (together with their affiliates, hereinafter “Morgan Stanley”), Academy Securities, Inc. (together with its affiliates, “Academy”) or Drexel Hamilton, LLC (together with its affiliates, “Drexel” and, collectively with BofA Securities, Wells Fargo , Morgan Stanley and Academy the “Underwriters”). This material was not produced by an Underwriter’s research analyst, although it may refer to an Underwriter’s research analyst or research report. Unless otherwise indicated, these views (if any) are the author’s and may differ from those of the fixed income or equity research departments of the Underwriters or others in those firms. | |
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Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS |
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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 | Loan Purpose | Sponsor |
Loan | 5,9 | 1 | 605 Third Avenue | 9.8% | MSBNA | MSMCH | $80,000,000 | $80,000,000 | $80,000,000 | $224.77 | Refinance | RP 605 Acquisition; FB 605 Equity LLC, FB 605 Corp.; Hadwin LLC |
Loan | 5,7,8,11 | 2 | McClellan Park | 9.2% | WFB | WFB | $75,000,000 | $75,000,000 | $75,000,000 | $51.69 | Refinance | McClellan Business Park, LLC |
Loan | 5 | 3 | Miami Design District | 9.2% | BANA | BANA | $75,000,000 | $75,000,000 | $75,000,000 | $804.68 | Refinance | Miami Design District Associates, LLC |
Loan | 5,12 | 4 | McDonald’s Global HQ | 8.6% | BANA | BANA | $70,000,000 | $69,698,070 | $28,817,845 | $294.37 | Acquisition | Normandy Properties |
Loan | 5,7,10,13 | 5 | Coleman Highline | 7.5% | WFB | WFB | $60,700,000 | $60,700,000 | $60,700,000 | $469.61 | Acquisition | BREIT Operating Partnership, L.P. |
Loan | 5,9 | 6 | Grace Building | 7.4% | BANA | BANA | $60,000,000 | $60,000,000 | $60,000,000 | $567.13 | Refinance | Brookfield Office Properties Inc. |
Loan | 5,10 | 7 | 250 West 57th Street | 6.8% | MSBNA | MSMCH | $55,000,000 | $55,000,000 | $55,000,000 | $331.04 | Recapitalization | Empire State Realty OP, L.P. |
Loan | 5,6,14 | 8 | ExchangeRight Net Leased Portfolio #41 | 4.9% | MSBNA | MSMCH | $40,000,000 | $40,000,000 | $40,000,000 | $199.70 | Acquisition | ExchangeRight Real Estate, LLC |
Property | | 8.01 | Dignity Health - Glendale, AZ | 0.7% | MSBNA | MSMCH | $5,640,836 | $5,640,836 | $5,640,836 | | | |
Property | | 8.02 | Walmart Neighborhood Market - Mobile, AL | 0.6% | MSBNA | MSMCH | $4,808,581 | $4,808,581 | $4,808,581 | | | |
Property | | 8.03 | Walmart Neighborhood Market - Forest, VA | 0.6% | MSBNA | MSMCH | $4,697,614 | $4,697,614 | $4,697,614 | | | |
Property | | 8.04 | BioLife Plasma Services L.P. - Avondale, AZ | 0.5% | MSBNA | MSMCH | $3,865,360 | $3,865,360 | $3,865,360 | | | |
Property | | 8.05 | BioLife Plasma Services L.P. - Richmond, VA | 0.4% | MSBNA | MSMCH | $3,255,040 | $3,255,040 | $3,255,040 | | | |
Property | | 8.06 | Natural Grocers - Little Rock, AR | 0.3% | MSBNA | MSMCH | $2,361,753 | $2,361,753 | $2,361,753 | | | |
Property | | 8.07 | Walgreens - Columbus, OH | 0.3% | MSBNA | MSMCH | $2,089,883 | $2,089,883 | $2,089,883 | | | |
Property | | 8.08 | CVS Pharmacy - Schaumburg, IL | 0.2% | MSBNA | MSMCH | $1,923,433 | $1,923,433 | $1,923,433 | | | |
Property | | 8.09 | Hobby Lobby - Odessa, TX | 0.2% | MSBNA | MSMCH | $1,886,443 | $1,886,443 | $1,886,443 | | | |
Property | | 8.10 | Tractor Supply - Toughkenamon, PA | 0.2% | MSBNA | MSMCH | $1,849,455 | $1,849,455 | $1,849,455 | | | |
Property | | 8.11 | Walgreens - Harker Heights, TX | 0.2% | MSBNA | MSMCH | $1,849,455 | $1,849,455 | $1,849,455 | | | |
Property | | 8.12 | Fresenius Medical Care - Hephzibah, GA | 0.2% | MSBNA | MSMCH | $1,327,908 | $1,327,908 | $1,327,908 | | | |
Property | | 8.13 | Tractor Supply - Alexandria, LA | 0.2% | MSBNA | MSMCH | $1,272,425 | $1,272,425 | $1,272,425 | | | |
Property | | 8.14 | Dollar Tree - Brown Deer, WI | 0.1% | MSBNA | MSMCH | $739,782 | $739,782 | $739,782 | | | |
Property | | 8.15 | Dollar General - Odessa, TX | 0.1% | MSBNA | MSMCH | $693,545 | $693,545 | $693,545 | | | |
Property | | 8.16 | Dollar General - New Castle, PA | 0.1% | MSBNA | MSMCH | $591,826 | $591,826 | $591,826 | | | |
Property | | 8.17 | Dollar General - Evansville, IN | 0.1% | MSBNA | MSMCH | $573,331 | $573,331 | $573,331 | | | |
Property | | 8.18 | Dollar General - Harlingen, TX | 0.1% | MSBNA | MSMCH | $573,331 | $573,331 | $573,331 | | | |
Loan | 5,8 | 9 | Fresh Pond Cambridge | 3.7% | MSBNA | MSMCH | $30,000,000 | $30,000,000 | $30,000,000 | $220.53 | Refinance | Nishan Atinizian; Kevork D. Atinizian |
Loan | 15 | 10 | York Marketplace | 3.6% | WFB | WFB | $29,500,000 | $29,500,000 | $29,500,000 | $96.17 | Acquisition | Robert V. Gothier, Jr.; Mark X. DiSanto |
Loan | 5,7,9,16,17 | 11 | The Arboretum | 3.1% | WFB | WFB | $25,000,000 | $24,921,564 | $19,443,414 | $179.32 | Refinance | AAC Consolidated Properties, LLC; Riprand Count Arco |
Loan | 10,18 | 12 | Hilton Garden Inn Salt Lake City Airport | 2.8% | WFB | WFB | $23,175,000 | $23,175,000 | $19,944,032 | $134,738.37 | Acquisition | Hok Kit Lou; Ching Sau Cheung |
Loan | 6,7 | 13 | Walgreens Portfolio | 2.6% | MSBNA | MSMCH | $21,500,000 | $21,500,000 | $16,849,189 | $304.11 | Acquisition | Upstream Holdings, Inc. |
Property | | 13.01 | Walgreens - Metairie, LA | 0.7% | MSBNA | MSMCH | $5,331,453 | $5,331,453 | $4,178,170 | | | |
Property | | 13.02 | Walgreens - Gretna, LA | 0.6% | MSBNA | MSMCH | $4,839,988 | $4,839,988 | $3,793,017 | | | |
Property | | 13.03 | Walgreens - Denham Springs, LA | 0.5% | MSBNA | MSMCH | $4,043,693 | $4,043,693 | $3,168,974 | | | |
Property | | 13.04 | Walgreens - Lansing, MI | 0.5% | MSBNA | MSMCH | $3,881,944 | $3,881,944 | $3,042,214 | | | |
Property | | 13.05 | Walgreens - Ruston, LA | 0.4% | MSBNA | MSMCH | $3,402,922 | $3,402,922 | $2,666,813 | | | |
Loan | 5,7,19 | 14 | 1890 Ranch | 2.5% | MSBNA | MSMCH | $20,610,000 | $20,610,000 | $17,504,812 | $114.61 | Acquisition | Endeavor Real Estate Group |
Loan | | 15 | Town Center Jeffersonville | 2.4% | WFB | WFB | $19,600,000 | $19,600,000 | $15,209,709 | $106.39 | Refinance | John E. Young |
Loan | 8 | 16 | 80 Grand - CA | 2.4% | WFB | WFB | $19,500,000 | $19,500,000 | $17,591,191 | $441.63 | Refinance | Willis K. Polite, Jr. Dennis P. Fisco; Mark Bauman Polite; Trent R. Isgrig; Brian Johnson |
Loan | 5,9,10,20 | 17 | 711 Fifth Avenue | 1.8% | BANA | BANA | $15,000,000 | $15,000,000 | $15,000,000 | $1,602.83 | Refinance | Bayerische Versorgungskammer; Deutsche Finance America LLC; DF Deutsche Finance Holding AG; Hessen Lawyers Pension Fund |
Loan | | 18 | ClimaStor 5 | 1.2% | WFB | WFB | $9,600,000 | $9,600,000 | $7,563,686 | $64.94 | Refinance | James H. Jenkins III; Michael S. Bond |
Loan | | 19 | Comfort Suites – Moab, UT | 1.2% | BANA | BANA | $9,700,000 | $9,554,195 | $7,774,757 | $101,640.38 | Acquisition | Horne Management Group |
Loan | 9 | 20 | Oakwood Village | 0.9% | WFB | WFB | $7,600,000 | $7,600,000 | $5,993,652 | $62.98 | Refinance | Peter W. Doerken |
Loan | | 21 | Bay Terrace Cooperative Section XII, Inc. | 0.9% | NCCB | NCB | $7,500,000 | $7,492,280 | $6,457,789 | $60,912.84 | Refinance | N/A |
Loan | | 22 | Barocrest Apartments Owners Corp. | 0.7% | NCB | NCB | $6,000,000 | $6,000,000 | $6,000,000 | $92,307.69 | Refinance | N/A |
Loan | 6 | 23 | CVS Montgomery & Douglas Portfolio | 0.7% | WFB | WFB | $5,320,000 | $5,305,338 | $4,382,516 | $232.18 | Refinance | Desiree Sipin-Silo |
Property | | 23.01 | CVS Montgomery | 0.3% | WFB | WFB | $2,812,874 | $2,805,122 | $2,317,193 | | | |
Property | | 23.02 | CVS Douglas | 0.3% | WFB | WFB | $2,507,126 | $2,500,216 | $2,065,323 | | | |
Loan | | 24 | Kroger Distribution Center | 0.6% | WFB | WFB | $5,244,000 | $5,244,000 | $5,244,000 | $23.31 | Acquisition | John A. Garraty; Trombone LLC |
Loan | | 25 | Cardiff Reef | 0.6% | BANA | BANA | $4,725,000 | $4,725,000 | $4,725,000 | $308.82 | Refinance | Lawrence Douglas Cohen |
Loan | | 26 | 541 Bronx River Road | 0.6% | MSBNA | MSMCH | $4,500,000 | $4,500,000 | $4,500,000 | $64,285.71 | Refinance | Michael E. Laub |
Loan | | 27 | 645 Owners Corp. | 0.6% | NCB | NCB | $4,500,000 | $4,492,513 | $3,475,489 | $69,115.59 | Refinance | N/A |
Loan | | 28 | Glen Manor Apartments Corp. | 0.4% | NCCB | NCB | $3,500,000 | $3,500,000 | $2,707,668 | $51,470.59 | Refinance | N/A |
Loan | | 29 | Extra Space Storage-San Jacinto | 0.4% | WFB | WFB | $3,200,000 | $3,194,834 | $2,488,040 | $26.72 | Refinance | Daryl K. McLaughlin; Evelyn Louise McLaughlin |
Loan | | 30 | 277 Bronx River Road Owners, Inc. | 0.4% | NCCB | NCB | $3,000,000 | $2,996,956 | $2,588,329 | $35,258.31 | Refinance | N/A |
Loan | | 31 | P.M.A. Corporation | 0.4% | NCCB | NCB | $3,000,000 | $2,991,207 | $1,774,567 | $39,357.98 | Refinance | N/A |
Loan | | 32 | 14 Soundview Owners Corp. | 0.3% | NCCB | NCB | $2,700,000 | $2,700,000 | $1,889,552 | $45,762.71 | Refinance | N/A |
Loan | | 33 | Roseville North Highlands Self Storage | 0.3% | BANA | BANA | $2,650,000 | $2,650,000 | $2,650,000 | $47.20 | Refinance | Philip Ramser Sr.; Philip Ramser Jr. |
Loan | | 34 | 40 W. 22nd St. Tenants Cooperative Corp. | 0.3% | NCCB | NCB | $2,500,000 | $2,500,000 | $2,500,000 | $166,666.67 | Refinance | N/A |
Loan | | 35 | 11 Bronx River Road Owners, Inc. | 0.3% | NCCB | NCB | $2,300,000 | $2,300,000 | $1,784,128 | $31,081.08 | Refinance | N/A |
Loan | 9 | 36 | 225 Lincoln Apts Corp. a/k/a 225 Lincoln Apts. Corp. | 0.3% | NCB | NCB | $2,100,000 | $2,100,000 | $1,620,198 | $41,176.47 | Refinance | N/A |
Loan | | 37 | Elizabeth Gardens Corp. | 0.2% | NCCB | NCB | $1,750,000 | $1,750,000 | $1,360,609 | $22,435.90 | Refinance | N/A |
Loan | | 38 | Via Magna Corp. f/k/a CLXXXII Via Magna Corp. | 0.2% | NCCB | NCB | $1,575,000 | $1,572,486 | $1,227,656 | $174,720.72 | Refinance | N/A |
Loan | | 39 | Roblinn Corp. | 0.2% | NCCB | NCB | $1,400,000 | $1,400,000 | $1,090,147 | $29,787.23 | Refinance | N/A |
Loan | | 40 | 7520 Ridge Owners Corp. | 0.1% | NCB | NCB | $1,100,000 | $1,100,000 | $856,870 | $25,581.40 | Refinance | N/A |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS |
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Property Flag | Footnotes | Loan ID | Property Name | Non-Recourse Carveout Guarantor | | No. of Properties | General Property Type |
Loan | 5,9 | 1 | 605 Third Avenue | N/A | | 1 | Office |
Loan | 5,7,8,11 | 2 | McClellan Park | McClellan Business Park, LLC | | 1 | Industrial |
Loan | 5 | 3 | Miami Design District | Miami Design District Associates, LLC | | 1 | Retail |
Loan | 5,12 | 4 | McDonald’s Global HQ | William I. Snyder | | 1 | Office |
Loan | 5,7,10,13 | 5 | Coleman Highline | BREIT Operating Partnership, L.P. | | 1 | Office |
Loan | 5,9 | 6 | Grace Building | BOP NYC OP LLC; Swig Investment Company, LLC | | 1 | Office |
Loan | 5,10 | 7 | 250 West 57th Street | Empire State Realty OP, L.P. | | 1 | Office |
Loan | 5,6,14 | 8 | ExchangeRight Net Leased Portfolio #41 | ExchangeRight Real Estate, LLC; Warren Thomas; David Fisher; Joshua Ungerecht | | 18 | |
Property | | 8.01 | Dignity Health - Glendale, AZ | | | | Office |
Property | | 8.02 | Walmart Neighborhood Market - Mobile, AL | | | | Retail |
Property | | 8.03 | Walmart Neighborhood Market - Forest, VA | | | | Retail |
Property | | 8.04 | BioLife Plasma Services L.P. - Avondale, AZ | | | | Office |
Property | | 8.05 | BioLife Plasma Services L.P. - Richmond, VA | | | | Office |
Property | | 8.06 | Natural Grocers - Little Rock, AR | | | | Retail |
Property | | 8.07 | Walgreens - Columbus, OH | | | | Retail |
Property | | 8.08 | CVS Pharmacy - Schaumburg, IL | | | | Retail |
Property | | 8.09 | Hobby Lobby - Odessa, TX | | | | Retail |
Property | | 8.10 | Tractor Supply - Toughkenamon, PA | | | | Retail |
Property | | 8.11 | Walgreens - Harker Heights, TX | | | | Retail |
Property | | 8.12 | Fresenius Medical Care - Hephzibah, GA | | | | Office |
Property | | 8.13 | Tractor Supply - Alexandria, LA | | | | Retail |
Property | | 8.14 | Dollar Tree - Brown Deer, WI | | | | Retail |
Property | | 8.15 | Dollar General - Odessa, TX | | | | Retail |
Property | | 8.16 | Dollar General - New Castle, PA | | | | Retail |
Property | | 8.17 | Dollar General - Evansville, IN | | | | Retail |
Property | | 8.18 | Dollar General - Harlingen, TX | | | | Retail |
Loan | 5,8 | 9 | Fresh Pond Cambridge | Nishan Atinizian; Kevork D. Atinizian | | 1 | Retail |
Loan | 15 | 10 | York Marketplace | Robert V. Gothier, Jr.; Mark X. Disanto | | 1 | Retail |
Loan | 5,7,9,16,17 | 11 | The Arboretum | AAC Consolidated Properties, LLC | | 1 | Retail |
Loan | 10,18 | 12 | Hilton Garden Inn Salt Lake City Airport | Hok Kit Lou; Ching Sau Cheung | | 1 | Hospitality |
Loan | 6,7 | 13 | Walgreens Portfolio | Upstream Holdings, Inc. | | 5 | |
Property | | 13.01 | Walgreens - Metairie, LA | | | | Retail |
Property | | 13.02 | Walgreens - Gretna, LA | | | | Retail |
Property | | 13.03 | Walgreens - Denham Springs, LA | | | | Retail |
Property | | 13.04 | Walgreens - Lansing, MI | | | | Retail |
Property | | 13.05 | Walgreens - Ruston, LA | | | | Retail |
Loan | 5,7,19 | 14 | 1890 Ranch | CTE Holdings, LP | | 1 | Retail |
Loan | | 15 | Town Center Jeffersonville | John E. Young | | 1 | Retail |
Loan | 8 | 16 | 80 Grand - CA | The Willis K. Polite Jr. Trust; The Fisco Family Living Trust (1994); The Polite Family Living Trust (1996); The Trent R. Isgrig Revocable Trust; Willis K. Polite, Jr.; Dennis P. Fisco; Mark Bauman Polite; Trent R. Isgrig; Brian Johnson | 1 | Office |
Loan | 5,9,10,20 | 17 | 711 Fifth Avenue | 711 Fifth Ave Principal Owner LLC | | 1 | Mixed Use |
Loan | | 18 | ClimaStor 5 | James H. Jenkins III; Michael S. Bond | | 1 | Self Storage |
Loan | | 19 | Comfort Suites – Moab, UT | William Douglas Horne; The WM. Douglas Horne Family Revocable Trust U/A/D October 16, 1992 | | 1 | Hospitality |
Loan | 9 | 20 | Oakwood Village | Doerken Properties, Inc. | | 1 | Retail |
Loan | | 21 | Bay Terrace Cooperative Section XII, Inc. | N/A | | 1 | Multifamily |
Loan | | 22 | Barocrest Apartments Owners Corp. | N/A | | 1 | Multifamily |
Loan | 6 | 23 | CVS Montgomery & Douglas Portfolio | Rene Merlander Family Trust; Merlander Family Irrevocable Trust | | 2 | |
Property | | 23.01 | CVS Montgomery | | | | Retail |
Property | | 23.02 | CVS Douglas | | | | Retail |
Loan | | 24 | Kroger Distribution Center | John A. Garraty; Trombone LLC | | 1 | Industrial |
Loan | | 25 | Cardiff Reef | Lawrence Douglas Cohen | | 1 | Mixed Use |
Loan | | 26 | 541 Bronx River Road | Michael E. Laub | | 1 | Multifamily |
Loan | | 27 | 645 Owners Corp. | N/A | | 1 | Multifamily |
Loan | | 28 | Glen Manor Apartments Corp. | N/A | | 1 | Multifamily |
Loan | | 29 | Extra Space Storage-San Jacinto | Daryl Kirk McLaughlin; Evelyn Louise McLaughlin | | 1 | Self Storage |
Loan | | 30 | 277 Bronx River Road Owners, Inc. | N/A | | 1 | Multifamily |
Loan | | 31 | P.M.A. Corporation | N/A | | 1 | Multifamily |
Loan | | 32 | 14 Soundview Owners Corp. | N/A | | 1 | Multifamily |
Loan | | 33 | Roseville North Highlands Self Storage | Philip Ramser Sr.; Philip Ramser Jr. | | 1 | Self Storage |
Loan | | 34 | 40 W. 22nd St. Tenants Cooperative Corp. | N/A | | 1 | Multifamily |
Loan | | 35 | 11 Bronx River Road Owners, Inc. | N/A | | 1 | Multifamily |
Loan | 9 | 36 | 225 Lincoln Apts Corp. a/k/a 225 Lincoln Apts. Corp. | N/A | | 1 | Multifamily |
Loan | | 37 | Elizabeth Gardens Corp. | N/A | | 1 | Multifamily |
Loan | | 38 | Via Magna Corp. f/k/a CLXXXII Via Magna Corp. | N/A | | 1 | Multifamily |
Loan | | 39 | Roblinn Corp. | N/A | | 1 | Multifamily |
Loan | | 40 | 7520 Ridge Owners Corp. | N/A | | 1 | Multifamily |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS |
| | | | | | | | | | | | | | | |
Property Flag | Footnotes | Loan ID | Property Name | Detailed Property Type | Title Type | Ground Lease Initial Lease Expiration Date | Hotel Franchise Agreement Expiration Date | Address | City | County | State | Zip Code | Year Built | Year Renovated | Size |
Loan | 5,9 | 1 | 605 Third Avenue | CBD | Fee | N/A | N/A | 605 Third Avenue | New York | New York | NY | 10158 | 1965 | 2018 | 1,027,736 |
Loan | 5,7,8,11 | 2 | McClellan Park | Warehouse | Fee | N/A | N/A | Various | McClellan | Sacramento | CA | 95652 | 1938 | 2019 | 6,925,484 |
Loan | 5 | 3 | Miami Design District | Luxury Retail | Fee | N/A | N/A | 151 NE 40th Street | Miami | Miami-Dade | FL | 33137 | 2014 – 2019 | N/A | 497,094 |
Loan | 5,12 | 4 | McDonald’s Global HQ | CBD | Fee | N/A | N/A | 110 North Carpenter Street | Chicago | Cook | IL | 60607 | 2018 | N/A | 575,018 |
Loan | 5,7,10,13 | 5 | Coleman Highline | Suburban | Fee | N/A | N/A | 1143 & 1155 Coleman Avenue | San Jose | Santa Clara | CA | 95110 | 2017 | N/A | 357,106 |
Loan | 5,9 | 6 | Grace Building | CBD | Fee | N/A | N/A | 1114 Avenue of the Americas | New York | New York | NY | 10036 | 1974 | 2018 | 1,556,972 |
Loan | 5,10 | 7 | 250 West 57th Street | CBD | Fee | N/A | N/A | 250 West 57th Street | New York | New York | NY | 10107 | 1921 | 2017-2020 | 543,743 |
Loan | 5,6,14 | 8 | ExchangeRight Net Leased Portfolio #41 | | | | | | | | | | | | 332,181 |
Property | | 8.01 | Dignity Health - Glendale, AZ | Medical | Fee | N/A | N/A | 17040 North 51st Avenue | Glendale | Maricopa | AZ | 85308 | 2019 | N/A | 11,060 |
Property | | 8.02 | Walmart Neighborhood Market - Mobile, AL | Single Tenant | Fee | N/A | N/A | 2570 Government Boulevard | Mobile | Mobile | AL | 36606 | 2015 | N/A | 41,920 |
Property | | 8.03 | Walmart Neighborhood Market - Forest, VA | Single Tenant | Fee | N/A | N/A | 16807 Forest Road | Forest | Bedford | VA | 24551 | 2015 | N/A | 41,117 |
Property | | 8.04 | BioLife Plasma Services L.P. - Avondale, AZ | Medical | Fee | N/A | N/A | 1655 North 107th Avenue | Avondale | Maricopa | AZ | 85392 | 2020 | N/A | 14,410 |
Property | | 8.05 | BioLife Plasma Services L.P. - Richmond, VA | Medical | Fee | N/A | N/A | 8702 Staples Mill Road | Richmond | Henrico | VA | 23228 | 1998 | 2020 | 11,269 |
Property | | 8.06 | Natural Grocers - Little Rock, AR | Single Tenant | Fee | N/A | N/A | 9210 Rodney Parham Road | Little Rock | Pulaski | AR | 72227 | 2015 | N/A | 15,000 |
Property | | 8.07 | Walgreens - Columbus, OH | Single Tenant | Fee | N/A | N/A | 3015 East Livingston Avenue | Columbus | Franklin | OH | 43209 | 2000 | 2018 | 15,120 |
Property | | 8.08 | CVS Pharmacy - Schaumburg, IL | Single Tenant | Fee | N/A | N/A | 1855 West Irving Park Road | Schaumburg | Cook | IL | 60193 | 2005 | N/A | 13,013 |
Property | | 8.09 | Hobby Lobby - Odessa, TX | Single Tenant | Fee | N/A | N/A | 4618 and 4642 East University Boulevard | Odessa | Ector | TX | 79762 | 1982 | N/A | 62,812 |
Property | | 8.10 | Tractor Supply - Toughkenamon, PA | Single Tenant | Fee | N/A | N/A | 821 Newark Road | Toughkenamon | Chester | PA | 19374 | 2018 | N/A | 19,097 |
Property | | 8.11 | Walgreens - Harker Heights, TX | Single Tenant | Fee | N/A | N/A | 400 East FM 2410 Road | Harker Heights | Bell | TX | 76548 | 2006 | N/A | 14,820 |
Property | | 8.12 | Fresenius Medical Care - Hephzibah, GA | Medical | Fee | N/A | N/A | 3801 Woodlake Drive | Hephzibah | Richmond | GA | 30815 | 2015 | N/A | 6,192 |
Property | | 8.13 | Tractor Supply - Alexandria, LA | Single Tenant | Fee | N/A | N/A | 3162 North MacArthur Drive | Alexandria | Rapides Parish | LA | 71303 | 2008 | N/A | 19,097 |
Property | | 8.14 | Dollar Tree - Brown Deer, WI | Single Tenant | Fee | N/A | N/A | 9325 North Green Bay Road | Brown Deer | Milwaukee | WI | 53209 | 2020 | N/A | 9,560 |
Property | | 8.15 | Dollar General - Odessa, TX | Single Tenant | Fee | N/A | N/A | 1200 East 87th Street | Odessa | Ector | TX | 79765 | 2019 | N/A | 10,566 |
Property | | 8.16 | Dollar General - New Castle, PA | Single Tenant | Fee | N/A | N/A | 813 North Croton Avenue | New Castle | Lawrence | PA | 16101 | 2019 | N/A | 9,100 |
Property | | 8.17 | Dollar General - Evansville, IN | Single Tenant | Fee | N/A | N/A | 1015 East Mount Pleasant Road | Evansville | Vanderburgh | IN | 47725 | 2020 | N/A | 9,026 |
Property | | 8.18 | Dollar General - Harlingen, TX | Single Tenant | Fee | N/A | N/A | 2001 and 2417 Rio Hondo Road a/k/a 2501 Rio Hondo Road | Harlingen | Cameron | TX | 78550 | 2020 | N/A | 9,002 |
Loan | 5,8 | 9 | Fresh Pond Cambridge | Anchored | Fee | N/A | N/A | 168-210 Alewife Brook Parkway | Cambridge | Middlesex | MA | 02138 | 1950-1978 | N/A | 226,730 |
Loan | 15 | 10 | York Marketplace | Anchored | Fee | N/A | N/A | 2501 East Market Street | Springettsbury Township | York | PA | 17402 | 1955 | 1999 | 306,749 |
Loan | 5,7,9,16,17 | 11 | The Arboretum | Anchored | Fee | N/A | N/A | 3333 Pineville Matthews Road | Charlotte | Mecklenburg | NC | 28226 | 1985 | 2012 | 555,912 |
Loan | 10,18 | 12 | Hilton Garden Inn Salt Lake City Airport | Select Service | Fee | N/A | 2/29/2040 | 4975 Wiley Post Way | Salt Lake City | Salt Lake | UT | 84116 | 2012 | N/A | 172 |
Loan | 6,7 | 13 | Walgreens Portfolio | | | | | | | | | | | | 70,698 |
Property | | 13.01 | Walgreens - Metairie, LA | Single Tenant | Fee | N/A | N/A | 4545 West Esplanade Avenue | Metairie | Jefferson Parish | LA | 70006 | 2005 | N/A | 13,650 |
Property | | 13.02 | Walgreens - Gretna, LA | Single Tenant | Fee | N/A | N/A | 89 Westbank Expressway | Gretna | Jefferson Parish | LA | 70053 | 2001 | N/A | 14,490 |
Property | | 13.03 | Walgreens - Denham Springs, LA | Single Tenant | Fee | N/A | N/A | 3081 South Range Avenue | Denham Springs | Livingston Parish | LA | 70726 | 2010 | N/A | 14,490 |
Property | | 13.04 | Walgreens - Lansing, MI | Single Tenant | Fee | N/A | N/A | 410 East Jolly Road | Lansing | Ingham | MI | 48910 | 2002 | N/A | 14,418 |
Property | | 13.05 | Walgreens - Ruston, LA | Single Tenant | Fee | N/A | N/A | 1401 North Trenton Street | Ruston | Lincoln Parish | LA | 71270 | 2010 | N/A | 13,650 |
Loan | 5,7,19 | 14 | 1890 Ranch | Anchored | Fee | N/A | N/A | 1335, 1401, 1501 & 1505 East Whitestone Boulevard and 1104 & 1005 C-Bar Ranch Trail | Cedar Park | Williamson | TX | 78613 | 2008-2011 | N/A | 441,583 |
Loan | | 15 | Town Center Jeffersonville | Anchored | Fee | N/A | N/A | 4251 Town Center Boulevard | Jeffersonville | Clark | IN | 47130 | 2018-2020 | N/A | 184,228 |
Loan | 8 | 16 | 80 Grand - CA | Medical | Fee | N/A | N/A | 80 Grand Avenue | Oakland | Alameda | CA | 94612 | 1968 | 2018 | 44,155 |
Loan | 5,9,10,20 | 17 | 711 Fifth Avenue | Office/Retail | Fee | N/A | N/A | 711 Fifth Avenue | New York | New York | NY | 10022 | 1927 | 2013-2019 | 340,024 |
Loan | | 18 | ClimaStor 5 | Self Storage | Fee | N/A | N/A | 9810 Bluebonnet Boulevard | Baton Rouge | East Baton Rouge | LA | 70810 | 2007 | 2018 | 147,824 |
Loan | | 19 | Comfort Suites – Moab, UT | Limited Service | Fee | N/A | 12/13/2039 | 400 North Main Street | Moab | Grand | UT | 84532 | 2013 | N/A | 94 |
Loan | 9 | 20 | Oakwood Village | Anchored | Fee | N/A | N/A | 5410 to 5516 South 900 East | Murray | Salt Lake | UT | 84117 | 1979 | 2012 | 120,674 |
Loan | | 21 | Bay Terrace Cooperative Section XII, Inc. | Cooperative | Fee | N/A | N/A | 23-20 Bell Boulevard and 212-30 23rd Avenue | Bayside | Queens | NY | 11360 | 1964 | 1999 | 123 |
Loan | | 22 | Barocrest Apartments Owners Corp. | Cooperative | Fee | N/A | N/A | 121-16 Ocean Promenade | Rockaway | Queens | NY | 11694 | 1954 | 2016 | 65 |
Loan | 6 | 23 | CVS Montgomery & Douglas Portfolio | | | | | | | | | | | | 22,850 |
Property | | 23.01 | CVS Montgomery | Single Tenant | Fee | N/A | N/A | 3190 Zelda Road | Montgomery | Montgomery | AL | 36106 | 2005 | N/A | 11,970 |
Property | | 23.02 | CVS Douglas | Single Tenant | Fee | N/A | N/A | 912 West Ward Street | Douglas | Coffee | GA | 31533 | 2004 | N/A | 10,880 |
Loan | | 24 | Kroger Distribution Center | Warehouse | Fee | N/A | N/A | 400 Walter Road | Mazomanie | Dane | WI | 53560 | 1979 | 2020 | 225,000 |
Loan | | 25 | Cardiff Reef | Multifamily/Retail | Fee | N/A | N/A | 2121 Newcastle Avenue | Cardiff by the Sea | San Diego | CA | 92007 | 1976 | 2019 | 15,300 |
Loan | | 26 | 541 Bronx River Road | Mid Rise | Fee | N/A | N/A | 541 Bronx River Road | Yonkers | Westchester | NY | 10704 | 1937 | N/A | 70 |
Loan | | 27 | 645 Owners Corp. | Cooperative | Fee | N/A | N/A | 645 East 26th Street | Brooklyn | Kings | NY | 11210 | 1939 | 2000 | 65 |
Loan | | 28 | Glen Manor Apartments Corp. | Cooperative | Fee | N/A | N/A | 600 Pelham Road | New Rochelle | Westchester | NY | 10805 | 1954 | 2013 | 68 |
Loan | | 29 | Extra Space Storage-San Jacinto | Self Storage | Fee | N/A | N/A | 851 West Esplanade Avenue | San Jacinto | Riverside | CA | 92582 | 1985 | N/A | 119,560 |
Loan | | 30 | 277 Bronx River Road Owners, Inc. | Cooperative | Fee | N/A | N/A | 263 Bronx River Road a/k/a 277 Bronx River Road | Yonkers | Westchester | NY | 10704 | 1957 | 2005 | 85 |
Loan | | 31 | P.M.A. Corporation | Cooperative | Fee | N/A | N/A | 4784 Boston Post Road | Pelham Manor | Westchester | NY | 10803 | 1927 | 2000 | 76 |
Loan | | 32 | 14 Soundview Owners Corp. | Cooperative | Fee | N/A | N/A | 14 Soundview Avenue | White Plains | Westchester | NY | 10606 | 1954 | 2010 | 59 |
Loan | | 33 | Roseville North Highlands Self Storage | Self Storage | Fee | N/A | N/A | 4250 Roseville Road | North Highlands | Sacramento | CA | 95660 | 1973 | N/A | 56,143 |
Loan | | 34 | 40 W. 22nd St. Tenants Cooperative Corp. | Cooperative | Fee | N/A | N/A | 40-42 West 22nd Street | New York | New York | NY | 10010 | 1909 | 2017 | 15 |
Loan | | 35 | 11 Bronx River Road Owners, Inc. | Cooperative | Fee | N/A | N/A | 11 Bronx River Road | Yonkers | Westchester | NY | 10704 | 1956 | 2003 | 74 |
Loan | 9 | 36 | 225 Lincoln Apts Corp. a/k/a 225 Lincoln Apts. Corp. | Cooperative | Fee | N/A | N/A | 225 Lincoln Place | Brooklyn | Kings | NY | 11217 | 1920 | 2000 | 51 |
Loan | | 37 | Elizabeth Gardens Corp. | Cooperative | Fee | N/A | N/A | 25 Elizabeth Street | Farmingdale | Nassau | NY | 11735 | 1961 | 2003 | 78 |
Loan | | 38 | Via Magna Corp. f/k/a CLXXXII Via Magna Corp. | Cooperative | Fee | N/A | N/A | 182 Grand Street | New York | New York | NY | 10013 | 1891 | 2015 | 9 |
Loan | | 39 | Roblinn Corp. | Cooperative | Fee | N/A | N/A | 118 West 72nd Street | New York | New York | NY | 10023 | 1914 | 1999 | 47 |
Loan | | 40 | 7520 Ridge Owners Corp. | Cooperative | Fee | N/A | N/A | 7520 Ridge Boulevard | Brooklyn | Kings | NY | 11209 | 1956 | 2000 | 43 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS |
| | | | | | | | | | | | | | | | | | | | |
Property Flag | Footnotes | Loan ID | Property Name | 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 | CREFC Fee Rate | Interest Accrual Basis | Seasoning (mos.) |
Loan | 5,9 | 1 | 605 Third Avenue | SF | 97.2% | 10/1/2020 | $685,000,000 | 11/1/2020 | | 1.9375% | 0.01677% | 0.00250% | 0.00250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | 5,7,8,11 | 2 | McClellan Park | SF | 86.8% | 9/15/2020 | $595,000,000 | 9/15/2020 | | 3.3090% | 0.01552% | 0.00250% | 0.00125% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | 5 | 3 | Miami Design District | SF | 88.5% | 9/1/2020 | $856,000,000 | 3/1/2020 | | 4.1325% | 0.01677% | 0.00250% | 0.00250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 9 |
Loan | 5,12 | 4 | McDonald’s Global HQ | SF | 97.3% | 11/4/2020 | $409,000,000 | 9/28/2020 | | 2.9350% | 0.01677% | 0.00250% | 0.00250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 1 |
Loan | 5,7,10,13 | 5 | Coleman Highline | SF | 100.0% | 12/1/2020 | $296,800,000 | 1/1/2022 | | 2.8675% | 0.01677% | 0.00250% | 0.00000% | 0.00250% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 1 |
Loan | 5,9 | 6 | Grace Building | SF | 94.8% | 10/19/2020 | $2,150,000,000 | 9/8/2020 | | 2.6921% | 0.01677% | 0.00250% | 0.00000% | 0.00250% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | 5,10 | 7 | 250 West 57th Street | SF | 79.8% | 10/29/2020 | $330,000,000 | 11/1/2020 | | 2.8290% | 0.01677% | 0.00250% | 0.00000% | 0.00250% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | 5,6,14 | 8 | ExchangeRight Net Leased Portfolio #41 | SF | 100.0% | | $108,140,000 | | | 3.2050% | 0.01677% | 0.00250% | 0.00250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Property | | 8.01 | Dignity Health - Glendale, AZ | SF | 100.0% | 12/1/2020 | $15,250,000 | 10/23/2020 | | | | | | | | | | | | |
Property | | 8.02 | Walmart Neighborhood Market - Mobile, AL | SF | 100.0% | 12/1/2020 | $13,000,000 | 10/21/2020 | | | | | | | | | | | | |
Property | | 8.03 | Walmart Neighborhood Market - Forest, VA | SF | 100.0% | 12/1/2020 | $12,700,000 | 10/23/2020 | | | | | | | | | | | | |
Property | | 8.04 | BioLife Plasma Services L.P. - Avondale, AZ | SF | 100.0% | 12/1/2020 | $10,450,000 | 10/23/2020 | | | | | | | | | | | | |
Property | | 8.05 | BioLife Plasma Services L.P. - Richmond, VA | SF | 100.0% | 12/1/2020 | $8,800,000 | 10/21/2020 | | | | | | | | | | | | |
Property | | 8.06 | Natural Grocers - Little Rock, AR | SF | 100.0% | 12/1/2020 | $6,385,000 | 10/24/2020 | | | | | | | | | | | | |
Property | | 8.07 | Walgreens - Columbus, OH | SF | 100.0% | 12/1/2020 | $5,650,000 | 10/26/2020 | | | | | | | | | | | | |
Property | | 8.08 | CVS Pharmacy - Schaumburg, IL | SF | 100.0% | 12/1/2020 | $5,200,000 | 10/17/2020 | | | | | | | | | | | | |
Property | | 8.09 | Hobby Lobby - Odessa, TX | SF | 100.0% | 12/1/2020 | $5,100,000 | 10/26/2020 | | | | | | | | | | | | |
Property | | 8.10 | Tractor Supply - Toughkenamon, PA | SF | 100.0% | 12/1/2020 | $5,000,000 | 10/23/2020 | | | | | | | | | | | | |
Property | | 8.11 | Walgreens - Harker Heights, TX | SF | 100.0% | 12/1/2020 | $5,000,000 | 10/25/2020 | | | | | | | | | | | | |
Property | | 8.12 | Fresenius Medical Care - Hephzibah, GA | SF | 100.0% | 12/1/2020 | $3,590,000 | 10/26/2020 | | | | | | | | | | | | |
Property | | 8.13 | Tractor Supply - Alexandria, LA | SF | 100.0% | 12/1/2020 | $3,440,000 | 10/24/2020 | | | | | | | | | | | | |
Property | | 8.14 | Dollar Tree - Brown Deer, WI | SF | 100.0% | 12/1/2020 | $2,000,000 | 10/17/2020 | | | | | | | | | | | | |
Property | | 8.15 | Dollar General - Odessa, TX | SF | 100.0% | 12/1/2020 | $1,875,000 | 10/26/2020 | | | | | | | | | | | | |
Property | | 8.16 | Dollar General - New Castle, PA | SF | 100.0% | 12/1/2020 | $1,600,000 | 10/23/2020 | | | | | | | | | | | | |
Property | | 8.17 | Dollar General - Evansville, IN | SF | 100.0% | 12/1/2020 | $1,550,000 | 10/18/2020 | | | | | | | | | | | | |
Property | | 8.18 | Dollar General - Harlingen, TX | SF | 100.0% | 12/1/2020 | $1,550,000 | 10/23/2020 | | | | | | | | | | | | |
Loan | 5,8 | 9 | Fresh Pond Cambridge | SF | 82.8% | 8/28/2020 | $113,000,000 | 8/20/2020 | | 3.1500% | 0.01677% | 0.00250% | 0.00250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 1 |
Loan | 15 | 10 | York Marketplace | SF | 93.9% | 10/1/2020 | $44,600,000 | 10/2/2020 | | 3.2480% | 0.02677% | 0.00250% | 0.01250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 1 |
Loan | 5,7,9,16,17 | 11 | The Arboretum | SF | 91.9% | 9/11/2020 | $170,000,000 | 8/8/2020 | | 3.3580% | 0.01677% | 0.00250% | 0.00000% | 0.00250% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 2 |
Loan | 10,18 | 12 | Hilton Garden Inn Salt Lake City Airport | Rooms | 78.4% | 12/31/2019 | $36,800,000 | 1/14/2021 | | 3.6900% | 0.01677% | 0.00250% | 0.00250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 9 |
Loan | 6,7 | 13 | Walgreens Portfolio | SF | 100.0% | | $34,560,000 | | | 3.5600% | 0.01677% | 0.00250% | 0.00250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Property | | 13.01 | Walgreens - Metairie, LA | SF | 100.0% | 12/1/2020 | $8,570,000 | 10/6/2020 | | | | | | | | | | | | |
Property | | 13.02 | Walgreens - Gretna, LA | SF | 100.0% | 12/1/2020 | $7,780,000 | 10/6/2020 | | | | | | | | | | | | |
Property | | 13.03 | Walgreens - Denham Springs, LA | SF | 100.0% | 12/1/2020 | $6,500,000 | 10/6/2020 | | | | | | | | | | | | |
Property | | 13.04 | Walgreens - Lansing, MI | SF | 100.0% | 12/1/2020 | $6,240,000 | 10/6/2020 | | | | | | | | | | | | |
Property | | 13.05 | Walgreens - Ruston, LA | SF | 100.0% | 12/1/2020 | $5,470,000 | 10/2/2020 | | | | | | | | | | | | |
Loan | 5,7,19 | 14 | 1890 Ranch | SF | 92.4% | 9/30/2020 | $76,400,000 | 12/23/2019 | | 3.1900% | 0.01677% | 0.00250% | 0.00000% | 0.00250% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 8 |
Loan | | 15 | Town Center Jeffersonville | SF | 100.0% | 11/16/2020 | $28,000,000 | 10/16/2020 | | 3.3000% | 0.01677% | 0.00250% | 0.00250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | 8 | 16 | 80 Grand - CA | SF | 92.4% | 11/24/2020 | $28,500,000 | 10/9/2020 | | 3.5410% | 0.01677% | 0.00250% | 0.00250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | 5,9,10,20 | 17 | 711 Fifth Avenue | SF | 76.5% | 1/31/2020 | $1,000,000,000 | 1/23/2020 | | 3.1600% | 0.01677% | 0.00250% | 0.00000% | 0.00250% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 9 |
Loan | | 18 | ClimaStor 5 | SF | 67.8% | 10/31/2020 | $15,100,000 | 10/4/2020 | | 3.7040% | 0.01677% | 0.00250% | 0.00250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | | 19 | Comfort Suites – Moab, UT | Rooms | 53.5% | 7/31/2020 | $15,300,000 | 11/25/2019 | | 4.1800% | 0.07427% | 0.00250% | 0.06000% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 11 |
Loan | 9 | 20 | Oakwood Village | SF | 88.1% | 8/31/2020 | $14,800,000 | 2/5/2020 | | 3.7300% | 0.01677% | 0.00250% | 0.00250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | | 21 | Bay Terrace Cooperative Section XII, Inc. | Units | 96.0% | 8/25/2020 | $50,700,000 | 8/25/2020 | | 3.2000% | 0.09177% | 0.08000% | 0.00000% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 1 |
Loan | | 22 | Barocrest Apartments Owners Corp. | Units | 94.0% | 9/9/2020 | $21,100,000 | 9/9/2020 | | 3.1900% | 0.09177% | 0.08000% | 0.00000% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | 6 | 23 | CVS Montgomery & Douglas Portfolio | SF | 100.0% | | $8,700,000 | | | 3.9040% | 0.01677% | 0.00250% | 0.00250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 1 |
Property | | 23.01 | CVS Montgomery | SF | 100.0% | 12/1/2020 | $4,600,000 | 6/22/2020 | | | | | | | | | | | | |
Property | | 23.02 | CVS Douglas | SF | 100.0% | 12/1/2020 | $4,100,000 | 6/25/2020 | | | | | | | | | | | | |
Loan | | 24 | Kroger Distribution Center | SF | 100.0% | 12/1/2020 | $8,740,000 | 10/21/2020 | | 3.3800% | 0.04677% | 0.00250% | 0.03250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | | 25 | Cardiff Reef | SF | 100.0% | 11/10/2020 | $12,000,000 | 10/9/2020 | | 3.0540% | 0.01677% | 0.00250% | 0.00250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | | 26 | 541 Bronx River Road | Units | 92.9% | 11/17/2020 | $9,950,000 | 9/24/2020 | | 2.8600% | 0.01677% | 0.00250% | 0.00250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | | 27 | 645 Owners Corp. | Units | 97.1% | 6/24/2020 | $25,550,000 | 6/24/2020 | | 3.1800% | 0.09177% | 0.08000% | 0.00000% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 1 |
Loan | | 28 | Glen Manor Apartments Corp. | Units | 96.0% | 9/29/2020 | $12,160,000 | 9/29/2020 | | 3.2200% | 0.09177% | 0.08000% | 0.00000% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | | 29 | Extra Space Storage-San Jacinto | SF | 93.4% | 3/1/2020 | $15,000,000 | 3/13/2020 | | 3.3540% | 0.01677% | 0.00250% | 0.00250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 1 |
Loan | | 30 | 277 Bronx River Road Owners, Inc. | Units | 95.1% | 8/12/2020 | $16,565,000 | 8/12/2020 | | 3.2600% | 0.09177% | 0.08000% | 0.00000% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 1 |
Loan | | 31 | P.M.A. Corporation | Units | 95.0% | 5/18/2020 | $14,300,000 | 5/18/2020 | | 3.3500% | 0.09177% | 0.08000% | 0.00000% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 1 |
Loan | | 32 | 14 Soundview Owners Corp. | Units | 93.9% | 10/20/2020 | $16,500,000 | 10/20/2020 | | 3.2000% | 0.09177% | 0.08000% | 0.00000% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | | 33 | Roseville North Highlands Self Storage | SF | 96.2% | 10/21/2020 | $4,850,000 | 10/9/2020 | | 3.4290% | 0.01677% | 0.00250% | 0.00250% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | | 34 | 40 W. 22nd St. Tenants Cooperative Corp. | Units | 93.0% | 8/5/2020 | $60,300,000 | 8/5/2020 | | 3.3000% | 0.09177% | 0.08000% | 0.00000% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 1 |
Loan | | 35 | 11 Bronx River Road Owners, Inc. | Units | 95.1% | 9/24/2020 | $13,600,000 | 9/24/2020 | | 3.2900% | 0.09177% | 0.08000% | 0.00000% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | 9 | 36 | 225 Lincoln Apts Corp. a/k/a 225 Lincoln Apts. Corp. | Units | 96.0% | 9/15/2020 | $40,400,000 | 9/15/2020 | | 3.1500% | 0.09177% | 0.08000% | 0.00000% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | | 37 | Elizabeth Gardens Corp. | Units | 93.0% | 9/23/2020 | $14,330,000 | 9/23/2020 | | 3.3500% | 0.09177% | 0.08000% | 0.00000% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | | 38 | Via Magna Corp. f/k/a CLXXXII Via Magna Corp. | Units | 93.5% | 10/1/2020 | $20,610,000 | 10/1/2020 | | 3.4200% | 0.09177% | 0.08000% | 0.00000% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 1 |
Loan | | 39 | Roblinn Corp. | Units | 93.0% | 9/24/2020 | $18,270,000 | 9/24/2020 | | 3.3900% | 0.09177% | 0.08000% | 0.00000% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Loan | | 40 | 7520 Ridge Owners Corp. | Units | 95.4% | 9/17/2020 | $10,100,000 | 9/17/2020 | | 3.4000% | 0.09177% | 0.08000% | 0.00000% | 0.00000% | 0.00945% | 0.00151% | 0.00031% | 0.00050% | Actual/360 | 0 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS |
| | | | | | | | | | | | | | | | | | | |
Property Flag | Footnotes | Loan ID | Property Name | 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) |
Loan | 5,9 | 1 | 605 Third Avenue | No | 120 | 120 | 120 | 120 | 0 | 0 | 11/20/2020 | 1/5/2021 | N/A | 12/5/2030 | N/A | $0.00 | $130,962.00 | $0.00 | $1,571,544.00 |
Loan | 5,7,8,11 | 2 | McClellan Park | No | 120 | 120 | 120 | 120 | 0 | 0 | 11/13/2020 | 1/11/2021 | N/A | 12/11/2030 | N/A | $0.00 | $209,684.90 | $0.00 | $2,516,218.80 |
Loan | 5 | 3 | Miami Design District | No | 120 | 111 | 120 | 111 | 0 | 0 | 2/28/2020 | 4/1/2020 | N/A | 3/1/2030 | N/A | $0.00 | $261,868.49 | $0.00 | $3,142,421.88 |
Loan | 5,12 | 4 | McDonald’s Global HQ | No | 120 | 119 | 0 | 0 | 270 | 269 | 10/29/2020 | 12/1/2020 | N/A | 11/1/2030 | N/A | $471,599.94 | $0.00 | $5,659,199.28 | $0.00 |
Loan | 5,7,10,13 | 5 | Coleman Highline | Yes | 120 | 119 | 120 | 119 | 0 | 0 | 10/30/2020 | 12/6/2020 | N/A | 11/6/2030 | 11/6/2032 | $0.00 | $147,062.26 | $0.00 | $1,764,747.12 |
Loan | 5,9 | 6 | Grace Building | No | 120 | 120 | 120 | 120 | 0 | 0 | 11/17/2020 | 1/6/2021 | N/A | 12/6/2030 | N/A | $0.00 | $136,474.51 | $0.00 | $1,637,694.12 |
Loan | 5,10 | 7 | 250 West 57th Street | No | 120 | 120 | 120 | 120 | 0 | 0 | 11/12/2020 | 1/1/2021 | N/A | 12/1/2030 | N/A | $0.00 | $131,463.37 | $0.00 | $1,577,560.44 |
Loan | 5,6,14 | 8 | ExchangeRight Net Leased Portfolio #41 | No | 120 | 120 | 120 | 120 | 0 | 0 | 11/24/2020 | 1/1/2021 | N/A | 12/1/2030 | N/A | $0.00 | $108,317.13 | $0.00 | $1,299,805.56 |
Property | | 8.01 | Dignity Health - Glendale, AZ | | | | | | | | | | | | | | | | |
Property | | 8.02 | Walmart Neighborhood Market - Mobile, AL | | | | | | | | | | | | | | | | |
Property | | 8.03 | Walmart Neighborhood Market - Forest, VA | | | | | | | | | | | | | | | | |
Property | | 8.04 | BioLife Plasma Services L.P. - Avondale, AZ | | | | | | | | | | | | | | | | |
Property | | 8.05 | BioLife Plasma Services L.P. - Richmond, VA | | | | | | | | | | | | | | | | |
Property | | 8.06 | Natural Grocers - Little Rock, AR | | | | | | | | | | | | | | | | |
Property | | 8.07 | Walgreens - Columbus, OH | | | | | | | | | | | | | | | | |
Property | | 8.08 | CVS Pharmacy - Schaumburg, IL | | | | | | | | | | | | | | | | |
Property | | 8.09 | Hobby Lobby - Odessa, TX | | | | | | | | | | | | | | | | |
Property | | 8.10 | Tractor Supply - Toughkenamon, PA | | | | | | | | | | | | | | | | |
Property | | 8.11 | Walgreens - Harker Heights, TX | | | | | | | | | | | | | | | | |
Property | | 8.12 | Fresenius Medical Care - Hephzibah, GA | | | | | | | | | | | | | | | | |
Property | | 8.13 | Tractor Supply - Alexandria, LA | | | | | | | | | | | | | | | | |
Property | | 8.14 | Dollar Tree - Brown Deer, WI | | | | | | | | | | | | | | | | |
Property | | 8.15 | Dollar General - Odessa, TX | | | | | | | | | | | | | | | | |
Property | | 8.16 | Dollar General - New Castle, PA | | | | | | | | | | | | | | | | |
Property | | 8.17 | Dollar General - Evansville, IN | | | | | | | | | | | | | | | | |
Property | | 8.18 | Dollar General - Harlingen, TX | | | | | | | | | | | | | | | | |
Loan | 5,8 | 9 | Fresh Pond Cambridge | No | 120 | 119 | 120 | 119 | 0 | 0 | 10/27/2020 | 12/1/2020 | N/A | 11/1/2030 | N/A | $0.00 | $79,843.75 | $0.00 | $958,125.00 |
Loan | 15 | 10 | York Marketplace | No | 120 | 119 | 120 | 119 | 0 | 0 | 11/3/2020 | 12/11/2020 | N/A | 11/11/2030 | N/A | $0.00 | $80,955.65 | $0.00 | $971,467.80 |
Loan | 5,7,9,16,17 | 11 | The Arboretum | No | 120 | 118 | 0 | 0 | 360 | 358 | 10/1/2020 | 11/11/2020 | N/A | 10/11/2030 | N/A | $110,288.93 | $0.00 | $1,323,467.16 | $0.00 |
Loan | 10,18 | 12 | Hilton Garden Inn Salt Lake City Airport | No | 120 | 111 | 36 | 27 | 360 | 360 | 2/19/2020 | 4/11/2020 | 4/11/2023 | 3/11/2030 | N/A | $106,539.55 | $72,252.89 | $1,278,474.60 | $867,034.68 |
Loan | 6,7 | 13 | Walgreens Portfolio | No | 120 | 120 | 0 | 0 | 360 | 360 | 11/20/2020 | 1/1/2021 | N/A | 12/1/2030 | N/A | $97,266.14 | $0.00 | $1,167,193.68 | $0.00 |
Property | | 13.01 | Walgreens - Metairie, LA | | | | | | | | | | | | | | | | |
Property | | 13.02 | Walgreens - Gretna, LA | | | | | | | | | | | | | | | | |
Property | | 13.03 | Walgreens - Denham Springs, LA | | | | | | | | | | | | | | | | |
Property | | 13.04 | Walgreens - Lansing, MI | | | | | | | | | | | | | | | | |
Property | | 13.05 | Walgreens - Ruston, LA | | | | | | | | | | | | | | | | |
Loan | 5,7,19 | 14 | 1890 Ranch | No | 120 | 112 | 36 | 28 | 360 | 360 | 3/6/2020 | 5/1/2020 | 5/1/2023 | 4/1/2030 | N/A | $89,018.74 | $55,549.20 | $1,068,224.88 | $666,590.40 |
Loan | | 15 | Town Center Jeffersonville | No | 120 | 120 | 0 | 0 | 360 | 360 | 11/20/2020 | 1/11/2021 | N/A | 12/11/2030 | N/A | $85,839.22 | $0.00 | $1,030,070.64 | $0.00 |
Loan | 8 | 16 | 80 Grand - CA | No | 120 | 120 | 60 | 60 | 360 | 360 | 12/2/2020 | 1/11/2021 | 1/11/2026 | 12/11/2030 | N/A | $88,010.61 | $58,340.43 | $1,056,127.32 | $700,085.16 |
Loan | 5,9,10,20 | 17 | 711 Fifth Avenue | No | 120 | 111 | 120 | 111 | 0 | 0 | 3/6/2020 | 4/6/2020 | N/A | 3/6/2030 | N/A | $0.00 | $40,048.61 | $0.00 | $480,583.32 |
Loan | | 18 | ClimaStor 5 | No | 120 | 120 | 0 | 0 | 360 | 360 | 11/23/2020 | 1/11/2021 | N/A | 12/11/2030 | N/A | $44,208.89 | $0.00 | $530,506.68 | $0.00 |
Loan | | 19 | Comfort Suites – Moab, UT | No | 120 | 109 | 0 | 0 | 360 | 349 | 12/16/2019 | 2/1/2020 | N/A | 1/1/2030 | N/A | $47,321.51 | $0.00 | $567,858.12 | $0.00 |
Loan | 9 | 20 | Oakwood Village | No | 120 | 120 | 0 | 0 | 360 | 360 | 11/17/2020 | 1/11/2021 | N/A | 12/11/2030 | N/A | $35,110.59 | $0.00 | $421,327.08 | $0.00 |
Loan | | 21 | Bay Terrace Cooperative Section XII, Inc. | No | 120 | 119 | 0 | 0 | 480 | 479 | 10/30/2020 | 12/1/2020 | N/A | 11/1/2030 | N/A | $27,720.46 | 0 | $332,645.52 | $0.00 |
Loan | | 22 | Barocrest Apartments Owners Corp. | No | 120 | 120 | 120 | 120 | 0 | 0 | 11/18/2020 | 1/1/2021 | N/A | 12/1/2030 | N/A | 0 | $16,171.53 | $0.00 | $194,058.36 |
Loan | 6 | 23 | CVS Montgomery & Douglas Portfolio | No | 60 | 59 | 0 | 0 | 240 | 239 | 11/10/2020 | 12/11/2020 | N/A | 11/11/2025 | N/A | $31,969.68 | $0.00 | $383,636.16 | $0.00 |
Property | | 23.01 | CVS Montgomery | | | | | | | | | | | | | | | | |
Property | | 23.02 | CVS Douglas | | | | | | | | | | | | | | | | |
Loan | | 24 | Kroger Distribution Center | No | 120 | 120 | 120 | 120 | 0 | 0 | 11/17/2020 | 1/11/2021 | N/A | 12/11/2030 | N/A | $0.00 | $14,975.75 | $0.00 | $179,709.00 |
Loan | | 25 | Cardiff Reef | No | 120 | 120 | 120 | 120 | 0 | 0 | 11/16/2020 | 1/1/2021 | N/A | 12/1/2030 | N/A | $0.00 | $12,192.14 | $0.00 | $146,305.68 |
Loan | | 26 | 541 Bronx River Road | No | 120 | 120 | 120 | 120 | 0 | 0 | 11/19/2020 | 1/1/2021 | N/A | 12/1/2030 | N/A | $0.00 | $10,873.96 | $0.00 | $130,487.52 |
Loan | | 27 | 645 Owners Corp. | No | 120 | 119 | 0 | 0 | 360 | 359 | 10/30/2020 | 12/1/2020 | N/A | 11/1/2030 | N/A | $19,411.82 | 0 | $232,941.84 | $0.00 |
Loan | | 28 | Glen Manor Apartments Corp. | No | 120 | 120 | 0 | 0 | 360 | 360 | 11/19/2020 | 1/1/2021 | N/A | 12/1/2030 | N/A | $15,174.65 | 0 | $182,095.80 | $0.00 |
Loan | | 29 | Extra Space Storage-San Jacinto | No | 120 | 119 | 0 | 0 | 360 | 359 | 10/30/2020 | 12/11/2020 | N/A | 11/11/2030 | N/A | $14,109.91 | $0.00 | $169,318.92 | $0.00 |
Loan | | 30 | 277 Bronx River Road Owners, Inc. | No | 120 | 119 | 0 | 0 | 480 | 479 | 10/30/2020 | 12/1/2020 | N/A | 11/1/2030 | N/A | $11,193.89 | 0 | $134,326.68 | $0.00 |
Loan | | 31 | P.M.A. Corporation | No | 120 | 119 | 0 | 0 | 240 | 239 | 10/29/2020 | 12/1/2020 | N/A | 11/1/2030 | N/A | $17,168.45 | 0 | $206,021.40 | $0.00 |
Loan | | 32 | 14 Soundview Owners Corp. | No | 120 | 120 | 0 | 0 | 300 | 300 | 11/20/2020 | 1/1/2021 | N/A | 12/1/2030 | N/A | $13,086.33 | 0 | $157,035.96 | $0.00 |
Loan | | 33 | Roseville North Highlands Self Storage | No | 120 | 120 | 120 | 120 | 0 | 0 | 11/12/2020 | 1/1/2021 | N/A | 12/1/2030 | N/A | $0.00 | $7,677.55 | $0.00 | $92,130.60 |
Loan | | 34 | 40 W. 22nd St. Tenants Cooperative Corp. | No | 120 | 119 | 120 | 119 | 0 | 0 | 10/29/2020 | 12/1/2020 | N/A | 11/1/2030 | N/A | 0 | $6,970.49 | $0.00 | $83,645.88 |
Loan | | 35 | 11 Bronx River Road Owners, Inc. | No | 120 | 120 | 0 | 0 | 360 | 360 | 11/20/2020 | 1/1/2021 | N/A | 12/1/2030 | N/A | $10,060.31 | 0 | $120,723.72 | $0.00 |
Loan | 9 | 36 | 225 Lincoln Apts Corp. a/k/a 225 Lincoln Apts. Corp. | No | 120 | 120 | 0 | 0 | 360 | 360 | 11/20/2020 | 1/1/2021 | N/A | 12/1/2030 | N/A | $9,024.47 | 0 | $108,293.64 | $0.00 |
Loan | | 37 | Elizabeth Gardens Corp. | No | 120 | 120 | 0 | 0 | 360 | 360 | 11/30/2020 | 1/1/2021 | N/A | 12/1/2030 | N/A | $7,712.49 | 0 | $92,549.88 | $0.00 |
Loan | | 38 | Via Magna Corp. f/k/a CLXXXII Via Magna Corp. | No | 120 | 119 | 0 | 0 | 360 | 359 | 10/30/2020 | 12/1/2020 | N/A | 11/1/2030 | N/A | $7,002.31 | 0 | $84,027.72 | $0.00 |
Loan | | 39 | Roblinn Corp. | No | 120 | 120 | 0 | 0 | 360 | 360 | 11/30/2020 | 1/1/2021 | N/A | 12/1/2030 | N/A | $6,200.98 | 0 | $74,411.76 | $0.00 |
Loan | | 40 | 7520 Ridge Owners Corp. | No | 120 | 120 | 0 | 0 | 360 | 360 | 11/30/2020 | 1/1/2021 | N/A | 12/1/2030 | N/A | $4,878.29 | 0 | $58,539.48 | $0.00 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS |
| | | | | | | | | | | | | | | | | | | |
Property Flag | Footnotes | Loan ID | Property Name | Lockbox Type | Cash Management Status | Crossed With Other Loans | 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 | |
Loan | 5,9 | 1 | 605 Third Avenue | Hard | Springing | No | N/A | N/A | 7.08x | N/A | 6.61x | 33.7% | 33.7% | 10 days once per calendar year | 2 | Fifth | YM1(24);DEF/YM1(89);O(7) | A | |
Loan | 5,7,8,11 | 2 | McClellan Park | Hard | Springing | No | N/A | N/A | 3.13x | N/A | 2.90x | 60.2% | 60.2% | 0 | 0 | Eleventh | YM(24);DEF/YM(89);O(7) | B | |
Loan | 5 | 3 | Miami Design District | Hard | Springing | No | N/A | N/A | 2.21x | N/A | 2.14x | 46.7% | 46.7% | 5 | 2 (Once per year) | First | LO(33);DEF(80);O(7) | | |
Loan | 5,12 | 4 | McDonald’s Global HQ | Hard | In Place | No | N/A | 1.46x | N/A | 1.45x | N/A | 41.4% | 17.1% | 0 | 0 | First | LO(25);DEF(91);O(4) | | |
Loan | 5,7,10,13 | 5 | Coleman Highline | Hard | Springing | No | N/A | N/A | 3.18x | N/A | 3.18x | 56.5% | 56.5% | 0 | 5 | Sixth | YM0.5(25);DEF/YM0.5(88);O(7) | C | |
Loan | 5,9 | 6 | Grace Building | Hard | Springing | No | N/A | N/A | 4.33x | N/A | 4.25x | 41.1% | 41.1% | 0 | 0 | Sixth | LO(24);DEF/YM1(89);O(7) | D | |
Loan | 5,10 | 7 | 250 West 57th Street | Hard | In Place | No | N/A | N/A | 3.85x | N/A | 3.49x | 54.5% | 54.5% | 0 | 0 | First | LO(24);DEF(89);O(7) | | |
Loan | 5,6,14 | 8 | ExchangeRight Net Leased Portfolio #41 | Hard | Springing | No | N/A | N/A | 2.70x | N/A | 2.60x | 61.3% | 61.3% | 0 | 0 | First | LO(24);DEF(92);O(4) | | |
Property | | 8.01 | Dignity Health - Glendale, AZ | | | | | | | | | | | | | | | | |
Property | | 8.02 | Walmart Neighborhood Market - Mobile, AL | | | | | | | | | | | | | | | | |
Property | | 8.03 | Walmart Neighborhood Market - Forest, VA | | | | | | | | | | | | | | | | |
Property | | 8.04 | BioLife Plasma Services L.P. - Avondale, AZ | | | | | | | | | | | | | | | | |
Property | | 8.05 | BioLife Plasma Services L.P. - Richmond, VA | | | | | | | | | | | | | | | | |
Property | | 8.06 | Natural Grocers - Little Rock, AR | | | | | | | | | | | | | | | | |
Property | | 8.07 | Walgreens - Columbus, OH | | | | | | | | | | | | | | | | |
Property | | 8.08 | CVS Pharmacy - Schaumburg, IL | | | | | | | | | | | | | | | | |
Property | | 8.09 | Hobby Lobby - Odessa, TX | | | | | | | | | | | | | | | | |
Property | | 8.10 | Tractor Supply - Toughkenamon, PA | | | | | | | | | | | | | | | | |
Property | | 8.11 | Walgreens - Harker Heights, TX | | | | | | | | | | | | | | | | |
Property | | 8.12 | Fresenius Medical Care - Hephzibah, GA | | | | | | | | | | | | | | | | |
Property | | 8.13 | Tractor Supply - Alexandria, LA | | | | | | | | | | | | | | | | |
Property | | 8.14 | Dollar Tree - Brown Deer, WI | | | | | | | | | | | | | | | | |
Property | | 8.15 | Dollar General - Odessa, TX | | | | | | | | | | | | | | | | |
Property | | 8.16 | Dollar General - New Castle, PA | | | | | | | | | | | | | | | | |
Property | | 8.17 | Dollar General - Evansville, IN | | | | | | | | | | | | | | | | |
Property | | 8.18 | Dollar General - Harlingen, TX | | | | | | | | | | | | | | | | |
Loan | 5,8 | 9 | Fresh Pond Cambridge | Hard | Springing | No | N/A | N/A | 3.58x | N/A | 3.34x | 44.2% | 44.2% | 0 | 5 | First | LO(25);DEF(88);O(7) | | |
Loan | 15 | 10 | York Marketplace | Soft | Springing | No | N/A | N/A | 2.93x | N/A | 2.74x | 66.1% | 66.1% | 0 | 0 | Eleventh | LO(25);DEF(91);O(4) | | |
Loan | 5,7,9,16,17 | 11 | The Arboretum | Hard | In Place | No | N/A | 1.81x | N/A | 1.70x | N/A | 58.6% | 45.7% | 5 | 0 | Eleventh | LO(26);DEF(90);O(4) | | |
Loan | 10,18 | 12 | Hilton Garden Inn Salt Lake City Airport | Springing | Springing | No | N/A | 2.35x | 3.46x | 2.11x | 3.11x | 63.0% | 54.2% | 0 | 0 | Eleventh | LO(33);DEF(83);O(4) | | |
Loan | 6,7 | 13 | Walgreens Portfolio | Springing | Springing | No | N/A | 1.69x | N/A | 1.66x | N/A | 62.2% | 48.8% | 0 | 5 | First | LO(24);DEF(92);O(4) | | |
Property | | 13.01 | Walgreens - Metairie, LA | | | | | | | | | | | | | | | | |
Property | | 13.02 | Walgreens - Gretna, LA | | | | | | | | | | | | | | | | |
Property | | 13.03 | Walgreens - Denham Springs, LA | | | | | | | | | | | | | | | | |
Property | | 13.04 | Walgreens - Lansing, MI | | | | | | | | | | | | | | | | |
Property | | 13.05 | Walgreens - Ruston, LA | | | | | | | | | | | | | | | | |
Loan | 5,7,19 | 14 | 1890 Ranch | Hard | Springing | No | N/A | 2.32x | 3.71x | 2.17x | 3.48x | 66.2% | 56.3% | 5 | 5 | First | LO(24);YM1(89);O(7) | E | |
Loan | | 15 | Town Center Jeffersonville | Hard | In Place | No | N/A | 1.92x | N/A | 1.75x | N/A | 70.0% | 54.3% | 0 | 0 | Eleventh | LO(24);DEF(89);O(7) | | |
Loan | 8 | 16 | 80 Grand - CA | Springing | Springing | No | N/A | 1.55x | 2.33x | 1.48x | 2.24x | 68.4% | 61.7% | 0 | 0 | Eleventh | LO(24);DEF(89);O(7) | | |
Loan | 5,9,10,20 | 17 | 711 Fifth Avenue | Hard | Springing | No | N/A | N/A | 2.94x | N/A | 2.90x | 54.5% | 54.5% | 0 | 0 | Sixth | LO(33);DEF(80);O(7) | | |
Loan | | 18 | ClimaStor 5 | Springing | Springing | No | N/A | 1.60x | N/A | 1.57x | N/A | 63.6% | 50.1% | 0 | 0 | Eleventh | LO(24);DEF(92);O(4) | | |
Loan | | 19 | Comfort Suites – Moab, UT | Springing | Springing | No | N/A | 2.28x | N/A | 2.03x | N/A | 62.4% | 50.8% | 5 | 4 | First | LO(35);DEF(81);O(4) | | |
Loan | 9 | 20 | Oakwood Village | Springing | Springing | No | N/A | 2.26x | N/A | 2.13x | N/A | 51.4% | 40.5% | 0 | 0 | Eleventh | LO(24);DEF(92);O(4) | | |
Loan | | 21 | Bay Terrace Cooperative Section XII, Inc. | N/A | N/A | No | N/A | 4.39x | N/A | 4.30x | N/A | 14.8% | 12.7% | 10 | 10 | First | YM1(113);1%(3);O(4) | F | |
Loan | | 22 | Barocrest Apartments Owners Corp. | N/A | N/A | No | N/A | N/A | 4.56x | N/A | 4.47x | 28.4% | 28.4% | 10 | 10 | First | YM1(113);1%(3);O(4) | F | |
Loan | 6 | 23 | CVS Montgomery & Douglas Portfolio | Soft | Springing | No | N/A | 1.39x | N/A | 1.38x | N/A | 61.0% | 50.4% | 0 | 0 | Eleventh | LO(25);DEF(31);O(4) | | |
Property | | 23.01 | CVS Montgomery | | | | | | | | | | | | | | | | |
Property | | 23.02 | CVS Douglas | | | | | | | | | | | | | | | | |
Loan | | 24 | Kroger Distribution Center | Hard | Springing | No | N/A | N/A | 2.97x | N/A | 2.79x | 60.0% | 60.0% | 0 | 0 | Eleventh | LO(24);DEF(92);O(4) | | |
Loan | | 25 | Cardiff Reef | Springing | Springing | No | N/A | N/A | 3.31x | N/A | 3.28x | 39.4% | 39.4% | 5 | 4 | First | LO(24);YM1(92);O(4) | G | |
Loan | | 26 | 541 Bronx River Road | Springing | Springing | No | N/A | N/A | 4.03x | N/A | 3.84x | 45.2% | 45.2% | 5 | 5 | First | LO(24);DEF(92);O(4) | | |
Loan | | 27 | 645 Owners Corp. | N/A | N/A | No | N/A | 4.06x | N/A | 3.97x | N/A | 17.6% | 13.6% | 10 | 10 | First | YM1(113);1%(3);O(4) | F | |
Loan | | 28 | Glen Manor Apartments Corp. | N/A | N/A | No | N/A | 5.24x | N/A | 5.13x | N/A | 28.8% | 22.3% | 10 | 10 | First | YM1(113);1%(3);O(4) | F | |
Loan | | 29 | Extra Space Storage-San Jacinto | Springing | Springing | No | N/A | 5.21x | N/A | 4.92x | N/A | 21.3% | 16.6% | 0 | 0 | Eleventh | LO(25);DEF(91);O(4) | | |
Loan | | 30 | 277 Bronx River Road Owners, Inc. | N/A | N/A | No | N/A | 8.47x | N/A | 8.28x | N/A | 18.1% | 15.6% | 10 | 10 | First | YM1(113);1%(3);O(4) | F | |
Loan | | 31 | P.M.A. Corporation | N/A | N/A | No | N/A | 4.46x | N/A | 4.38x | N/A | 20.9% | 12.4% | 10 | 10 | First | YM1(113);1%(3);O(4) | F | |
Loan | | 32 | 14 Soundview Owners Corp. | N/A | N/A | No | N/A | 5.43x | N/A | 5.33x | N/A | 16.4% | 11.5% | 10 | 10 | First | YM1(113);1%(3);O(4) | F | |
Loan | | 33 | Roseville North Highlands Self Storage | Springing | Springing | No | N/A | N/A | 3.23x | N/A | 3.14x | 54.6% | 54.6% | 5 | 4 | First | LO(24);DEF(92);O(4) | | |
Loan | | 34 | 40 W. 22nd St. Tenants Cooperative Corp. | N/A | N/A | No | N/A | N/A | 24.21x | N/A | 23.82x | 4.1% | 4.1% | 10 | 10 | First | YM1(113);1%(3);O(4) | F | |
Loan | | 35 | 11 Bronx River Road Owners, Inc. | N/A | N/A | No | N/A | 6.94x | N/A | 6.79x | N/A | 16.9% | 13.1% | 10 | 10 | First | YM1(113);1%(3);O(4) | F | |
Loan | 9 | 36 | 225 Lincoln Apts Corp. a/k/a 225 Lincoln Apts. Corp. | N/A | N/A | No | N/A | 11.02x | N/A | 10.90x | N/A | 5.2% | 4.0% | 10 | 10 | First | YM1(113);1%(3);O(4) | F | |
Loan | | 37 | Elizabeth Gardens Corp. | N/A | N/A | No | N/A | 9.16x | N/A | 8.99x | N/A | 12.2% | 9.5% | 10 | 10 | First | YM1(113);1%(3);O(4) | F | |
Loan | | 38 | Via Magna Corp. f/k/a CLXXXII Via Magna Corp. | N/A | N/A | No | N/A | 7.00x | N/A | 6.84x | N/A | 7.6% | 6.0% | 10 | 10 | First | YM1(113);1%(3);O(4) | F | |
Loan | | 39 | Roblinn Corp. | N/A | N/A | No | N/A | 6.39x | N/A | 6.07x | N/A | 7.7% | 6.0% | 10 | 10 | First | YM1(113);1%(3);O(4) | F | |
Loan | | 40 | 7520 Ridge Owners Corp. | N/A | N/A | No | N/A | 7.42x | N/A | 7.25x | N/A | 10.9% | 8.5% | 10 | 10 | First | YM1(113);1%(3);O(4) | F | |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS |
| | | | | | | | | | | | | | | | |
Property Flag | Footnotes | Loan ID | Property Name | Third Most Recent Revenues | Third Most Recent Expenses | Third Most Recent NOI | Third Most Recent NOI Date | Third Most Recent NOI Debt Yield | Second Most Recent Revenues | Second Most Recent Expenses | Second Most Recent NOI | Second Most Recent NOI Date | Second Most Recent NOI Debt Yield | Most Recent Revenues | Most Recent Expenses | Most Recent NOI |
Loan | 5,9 | 1 | 605 Third Avenue | $45,432,848 | $34,634,376 | $10,798,472 | 12/31/2018 | 4.7% | $43,952,489 | $35,939,209 | $8,013,280 | 12/31/2019 | 3.5% | $58,781,777 | $34,911,832 | $23,869,945 |
Loan | 5,7,8,11 | 2 | McClellan Park | $39,655,018 | $14,730,525 | $24,924,493 | 12/31/2018 | 7.0% | $42,772,659 | $15,192,749 | $27,579,910 | 12/31/2019 | 7.7% | $46,135,523 | $16,541,707 | $29,593,816 |
Loan | 5 | 3 | Miami Design District | $41,415,267 | $15,801,105 | $25,614,162 | 12/31/2017 | 6.4% | $48,127,178 | $15,993,554 | $32,133,624 | 12/31/2018 | 8.0% | $50,574,148 | $16,756,756 | $33,817,392 |
Loan | 5,12 | 4 | McDonald’s Global HQ | N/A | N/A | N/A | N/A | N/A | $20,415,976 | $12,520,615 | $7,895,362 | 12/31/2019 | 4.7% | $24,482,435 | $13,669,779 | $10,812,656 |
Loan | 5,7,10,13 | 5 | Coleman Highline | 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 | 5,9 | 6 | Grace Building | $122,739,552 | $49,532,888 | $73,206,665 | 12/31/2018 | 8.3% | $102,917,243 | $50,379,050 | $52,538,193 | 12/31/2019 | 5.9% | $97,004,029 | $50,731,490 | $46,272,539 |
Loan | 5,10 | 7 | 250 West 57th Street | $32,704,841 | $13,558,692 | $19,146,149 | 12/31/2018 | 10.6% | $34,542,482 | $15,564,019 | $18,978,463 | 12/31/2019 | 10.5% | $34,781,901 | $15,516,592 | $19,265,309 |
Loan | 5,6,14 | 8 | ExchangeRight Net Leased Portfolio #41 | 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 | | 8.01 | Dignity Health - Glendale, AZ | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 8.02 | Walmart Neighborhood Market - Mobile, AL | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 8.03 | Walmart Neighborhood Market - Forest, VA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 8.04 | BioLife Plasma Services L.P. - Avondale, AZ | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 8.05 | BioLife Plasma Services L.P. - Richmond, VA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 8.06 | Natural Grocers - Little Rock, AR | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 8.07 | Walgreens - Columbus, OH | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 8.08 | CVS Pharmacy - Schaumburg, IL | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 8.09 | Hobby Lobby - Odessa, TX | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 8.10 | Tractor Supply - Toughkenamon, PA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 8.11 | Walgreens - Harker Heights, TX | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 8.12 | Fresenius Medical Care - Hephzibah, GA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 8.13 | Tractor Supply - Alexandria, LA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 8.14 | Dollar Tree - Brown Deer, WI | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 8.15 | Dollar General - Odessa, TX | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 8.16 | Dollar General - New Castle, PA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 8.17 | Dollar General - Evansville, IN | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 8.18 | Dollar General - Harlingen, TX | 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 | 9 | Fresh Pond Cambridge | $8,403,569 | $2,382,552 | $6,021,017 | 12/31/2018 | 12.0% | $8,429,826 | $2,472,908 | $5,956,917 | 12/31/2019 | 11.9% | $8,166,026 | $2,335,510 | $5,830,516 |
Loan | 15 | 10 | York Marketplace | $4,313,062 | $1,307,663 | $3,005,399 | 12/31/2018 | 10.2% | $4,279,251 | $1,366,419 | $2,912,832 | 12/31/2019 | 9.9% | $3,953,261 | $1,337,250 | $2,616,011 |
Loan | 5,7,9,16,17 | 11 | The Arboretum | $14,303,223 | $3,580,319 | $10,722,904 | 12/31/2018 | 10.8% | $14,261,611 | $3,734,656 | $10,526,955 | 12/31/2019 | 10.6% | $13,402,026 | $3,593,488 | $9,808,538 |
Loan | 10,18 | 12 | Hilton Garden Inn Salt Lake City Airport | $7,447,376 | $4,605,409 | $2,841,967 | 12/31/2017 | 12.3% | $7,799,321 | $4,706,102 | $3,093,219 | 12/31/2018 | 13.3% | $7,654,989 | $4,707,989 | $2,947,000 |
Loan | 6,7 | 13 | Walgreens Portfolio | 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 | | 13.01 | Walgreens - Metairie, LA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 13.02 | Walgreens - Gretna, LA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 13.03 | Walgreens - Denham Springs, LA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 13.04 | Walgreens - Lansing, MI | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Property | | 13.05 | Walgreens - Ruston, LA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A |
Loan | 5,7,19 | 14 | 1890 Ranch | 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 | | 15 | Town Center Jeffersonville | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $2,093,473 | $331,787 | $1,761,686 |
Loan | 8 | 16 | 80 Grand - CA | $1,941,108 | $773,837 | $1,167,270 | 12/31/2018 | 6.0% | $2,390,770 | $922,242 | $1,468,528 | 12/31/2019 | 7.5% | $2,217,997 | $977,041 | $1,240,956 |
Loan | 5,9,10,20 | 17 | 711 Fifth Avenue | $63,038,695 | $18,950,129 | $44,088,566 | 12/31/2018 | 8.1% | $69,563,590 | $20,967,241 | $48,596,349 | 12/31/2019 | 8.9% | $69,060,254 | $21,771,999 | $47,288,255 |
Loan | | 18 | ClimaStor 5 | $974,516 | $320,892 | $653,624 | 12/31/2018 | 6.8% | $1,164,191 | $363,565 | $800,626 | 12/31/2019 | 8.3% | $1,245,006 | $366,275 | $878,730 |
Loan | | 19 | Comfort Suites – Moab, UT | $4,083,581 | $2,055,913 | $2,027,668 | 12/31/2017 | 21.2% | $3,785,889 | $2,148,340 | $1,637,549 | 12/31/2018 | 17.1% | $2,656,121 | $1,875,797 | $780,324 |
Loan | 9 | 20 | Oakwood Village | $1,185,402 | $452,900 | $732,502 | 12/31/2018 | 9.6% | $1,221,475 | $494,445 | $727,030 | 12/31/2019 | 9.6% | $1,242,662 | $467,992 | $774,670 |
Loan | | 21 | Bay Terrace Cooperative Section XII, Inc. | 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 | | 22 | Barocrest Apartments Owners Corp. | 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 | 6 | 23 | CVS Montgomery & Douglas Portfolio | $546,988 | $0 | $546,988 | 12/31/2017 | 10.3% | $546,988 | $0 | $546,988 | 12/31/2018 | 10.3% | $550,528 | $0 | $550,528 |
Property | | 23.01 | CVS Montgomery | $287,280 | $0 | $287,280 | 12/31/2017 | | $287,280 | $0 | $287,280 | 12/31/2018 | | $287,280 | $0 | $287,280 |
Property | | 23.02 | CVS Douglas | $259,708 | $0 | $259,708 | 12/31/2017 | | $259,708 | $0 | $259,708 | 12/31/2018 | | $263,248 | $0 | $263,248 |
Loan | | 24 | Kroger Distribution Center | 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 | | 25 | Cardiff Reef | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $644,803 | $204,986 | $439,817 |
Loan | | 26 | 541 Bronx River Road | $974,107 | $417,249 | $556,858 | 12/31/2018 | 12.4% | $1,005,805 | $425,634 | $580,171 | 12/31/2019 | 12.9% | $1,037,197 | $519,774 | $517,423 |
Loan | | 27 | 645 Owners Corp. | 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 | | 28 | Glen Manor Apartments Corp. | 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 | | 29 | Extra Space Storage-San Jacinto | $1,293,252 | $354,316 | $938,936 | 12/31/2018 | 29.4% | $1,373,095 | $404,985 | $968,110 | 12/31/2019 | 30.3% | $1,348,420 | $431,857 | $916,563 |
Loan | | 30 | 277 Bronx River Road Owners, Inc. | 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 | | 31 | P.M.A. Corporation | 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 | | 32 | 14 Soundview Owners Corp. | 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 | | 33 | Roseville North Highlands Self Storage | $526,464 | $309,437 | $217,027 | 12/31/2018 | 8.2% | $558,687 | $285,684 | $273,003 | 12/31/2019 | 10.3% | $534,884 | $251,273 | $283,611 |
Loan | | 34 | 40 W. 22nd St. Tenants Cooperative Corp. | 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 | 11 Bronx River Road Owners, Inc. | 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 | 9 | 36 | 225 Lincoln Apts Corp. a/k/a 225 Lincoln Apts. Corp. | 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 | | 37 | Elizabeth Gardens Corp. | 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 | | 38 | Via Magna Corp. f/k/a CLXXXII Via Magna Corp. | 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 | | 39 | Roblinn Corp. | 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 | | 40 | 7520 Ridge Owners Corp. | 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 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS |
| | | | | | | | | | | | | | | | |
Property Flag | Footnotes | Loan ID | Property Name | 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 | 5,9 | 1 | 605 Third Avenue | 9/30/2020 TTM | 10.3% | 97.2% | $68,159,995 | $36,029,430 | $32,130,565 | 13.9% | $205,547 | $1,950,230 | $29,974,788 | 13.0% | | Univision Communications, Inc. |
Loan | 5,7,8,11 | 2 | McClellan Park | 9/30/2020 TTM | 8.3% | 81.0% | $52,666,380 | $15,037,967 | $37,628,413 | 10.5% | $1,038,823 | $1,731,371 | $34,858,219 | 9.7% | | Amazon |
Loan | 5 | 3 | Miami Design District | 12/31/2019 | 8.5% | 88.6% | $53,041,550 | $16,007,449 | $37,034,101 | 9.3% | $99,419 | $994,188 | $35,940,495 | 9.0% | | Holly Hunt |
Loan | 5,12 | 4 | McDonald’s Global HQ | 8/31/2020 TTM | 6.4% | 95.0% | $35,092,657 | $15,037,235 | $20,055,422 | 11.8% | $57,502 | $50,254 | $19,947,666 | 11.8% | | McDonald’s |
Loan | 5,7,10,13 | 5 | Coleman Highline | N/A | N/A | 95.0% | $21,742,740 | $6,234,846 | $15,507,894 | 9.2% | $0 | $0 | $15,507,894 | 9.2% | | Roku |
Loan | 5,9 | 6 | Grace Building | 9/30/2020 TTM | 5.2% | 95.4% | $157,612,989 | $53,319,272 | $104,293,717 | 11.8% | $389,243 | $1,556,972 | $102,347,502 | 11.6% | | Bank of America, N.A. |
Loan | 5,10 | 7 | 250 West 57th Street | 6/30/2020 TTM | 10.7% | 79.8% | $36,164,898 | $16,274,317 | $19,890,581 | 11.1% | $114,186 | $1,764,050 | $18,012,345 | 10.0% | | American Society of Composers, Authors and Publishers |
Loan | 5,6,14 | 8 | ExchangeRight Net Leased Portfolio #41 | N/A | N/A | 95.0% | $5,998,997 | $179,970 | $5,819,027 | 8.8% | $49,865 | $172,749 | $5,596,413 | 8.4% | | |
Property | | 8.01 | Dignity Health - Glendale, AZ | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | Dignity Health - Glendale, AZ |
Property | | 8.02 | Walmart Neighborhood Market - Mobile, AL | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | Walmart Neighborhood Market - Mobile, AL |
Property | | 8.03 | Walmart Neighborhood Market - Forest, VA | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | Walmart Neighborhood Market - Forest, VA |
Property | | 8.04 | BioLife Plasma Services L.P. - Avondale, AZ | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | BioLife Plasma Services L.P. - Avondale, AZ |
Property | | 8.05 | BioLife Plasma Services L.P. - Richmond, VA | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | BioLife Plasma Services L.P. - Richmond, VA |
Property | | 8.06 | Natural Grocers - Little Rock, AR | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | Natural Grocers - Little Rock, AR |
Property | | 8.07 | Walgreens - Columbus, OH | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | Walgreens - Columbus, OH |
Property | | 8.08 | CVS Pharmacy - Schaumburg, IL | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | CVS Pharmacy - Schaumburg, IL |
Property | | 8.09 | Hobby Lobby - Odessa, TX | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | Hobby Lobby - Odessa, TX |
Property | | 8.10 | Tractor Supply - Toughkenamon, PA | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | Tractor Supply - Toughkenamon, PA |
Property | | 8.11 | Walgreens - Harker Heights, TX | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | Walgreens - Harker Heights, TX |
Property | | 8.12 | Fresenius Medical Care - Hephzibah, GA | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | Fresenius Medical Care - Hephzibah, GA |
Property | | 8.13 | Tractor Supply - Alexandria, LA | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | Tractor Supply - Alexandria, LA |
Property | | 8.14 | Dollar Tree - Brown Deer, WI | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | Dollar Tree - Brown Deer, WI |
Property | | 8.15 | Dollar General - Odessa, TX | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | Dollar General - Odessa, TX |
Property | | 8.16 | Dollar General - New Castle, PA | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | Dollar General - New Castle, PA |
Property | | 8.17 | Dollar General - Evansville, IN | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | Dollar General - Evansville, IN |
Property | | 8.18 | Dollar General - Harlingen, TX | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | | | Dollar General - Harlingen, TX |
Loan | 5,8 | 9 | Fresh Pond Cambridge | 7/31/2020 TTM | 11.7% | 87.3% | $7,749,504 | $2,040,040 | $5,709,464 | 11.4% | $34,010 | $344,630 | $5,330,825 | 10.7% | | Whole Foods Market |
Loan | 15 | 10 | York Marketplace | 9/30/2020 TTM | 8.9% | 89.1% | $4,317,675 | $1,469,324 | $2,848,350 | 9.7% | $30,675 | $153,375 | $2,664,301 | 9.0% | | Lowe’s |
Loan | 5,7,9,16,17 | 11 | The Arboretum | 8/31/2020 TTM | 9.8% | 93.4% | $13,348,804 | $3,759,022 | $9,589,782 | 9.6% | $211,247 | $355,912 | $9,022,624 | 9.1% | | Walmart |
Loan | 10,18 | 12 | Hilton Garden Inn Salt Lake City Airport | 12/31/2019 | 12.7% | 78.4% | $7,647,638 | $4,647,302 | $3,000,336 | 12.9% | $305,906 | $0 | $2,694,430 | 11.6% | | N/A |
Loan | 6,7 | 13 | Walgreens Portfolio | N/A | N/A | 96.5% | $1,986,880 | $19,565 | $1,967,315 | 9.2% | $10,605 | $24,024 | $1,932,686 | 9.0% | | |
Property | | 13.01 | Walgreens - Metairie, LA | N/A | | 95.0% | $513,000 | $5,130 | $507,870 | | $2,048 | $24,024 | $481,799 | | | Walgreens - Metairie, LA |
Property | | 13.02 | Walgreens - Gretna, LA | N/A | | 97.0% | $430,510 | $4,216 | $426,294 | | $2,174 | $0 | $424,120 | | | Walgreens - Gretna, LA |
Property | | 13.03 | Walgreens - Denham Springs, LA | N/A | | 97.0% | $378,300 | $3,705 | $374,595 | | $2,174 | $0 | $372,422 | | | Walgreens - Denham Springs, LA |
Property | | 13.04 | Walgreens - Lansing, MI | N/A | | 97.0% | $354,185 | $3,469 | $350,716 | | $2,163 | $0 | $348,553 | | | Walgreens - Lansing, MI |
Property | | 13.05 | Walgreens - Ruston, LA | N/A | | 97.0% | $310,885 | $3,045 | $307,840 | | $2,048 | $0 | $305,793 | | | Walgreens - Ruston, LA |
Loan | 5,7,19 | 14 | 1890 Ranch | N/A | N/A | 88.1% | $10,321,892 | $4,245,649 | $6,076,243 | 12.0% | $69,591 | $313,524 | $5,693,128 | 11.2% | | Academy Sports + Outdoors |
Loan | | 15 | Town Center Jeffersonville | 10/31/2020 TTM | 9.0% | 95.0% | $2,595,184 | $616,286 | $1,978,898 | 10.1% | $36,846 | $142,413 | $1,799,640 | 9.2% | | Hobby Lobby |
Loan | 8 | 16 | 80 Grand - CA | 8/31/2020 TTM | 6.4% | 84.8% | $2,750,850 | $1,117,530 | $1,633,320 | 8.4% | $8,831 | $58,612 | $1,565,878 | 8.0% | | Spring Fertility Management Oakland LLC |
Loan | 5,9,10,20 | 17 | 711 Fifth Avenue | 3/31/2020 TTM | 8.7% | 90.6% | $74,193,553 | $22,888,769 | $51,304,783 | 9.4% | $85,006 | $544,350 | $50,675,427 | 9.3% | | SunTrust Banks |
Loan | | 18 | ClimaStor 5 | 10/31/2020 TTM | 9.2% | 65.7% | $1,268,137 | $419,681 | $848,456 | 8.8% | $14,782 | $0 | $833,673 | 8.7% | | N/A |
Loan | | 19 | Comfort Suites – Moab, UT | 7/31/2020 TTM | 8.2% | 65.2% | $3,530,713 | $2,238,818 | $1,291,895 | 13.5% | $141,229 | $0 | $1,150,666 | 12.0% | | N/A |
Loan | 9 | 20 | Oakwood Village | 9/30/2020 TTM | 10.2% | 76.5% | $1,355,840 | $404,068 | $951,772 | 12.5% | $26,885 | $29,281 | $895,606 | 11.8% | | Big Lots |
Loan | | 21 | Bay Terrace Cooperative Section XII, Inc. | N/A | N/A | 96.0% | $3,512,840 | $2,051,697 | $1,461,143 | 19.5% | $31,000 | $0 | $1,430,143 | 19.1% | | N/A |
Loan | | 22 | Barocrest Apartments Owners Corp. | N/A | N/A | 94.0% | $1,426,694 | $542,533 | $884,161 | 14.7% | $16,500 | $0 | $867,661 | 14.5% | | N/A |
Loan | 6 | 23 | CVS Montgomery & Douglas Portfolio | 12/31/2019 | 10.4% | 97.0% | $538,136 | $5,381 | $532,755 | 10.0% | $2,285 | $0 | $530,470 | 10.0% | | |
Property | | 23.01 | CVS Montgomery | 12/31/2019 | | 97.0% | $278,662 | $2,787 | $275,875 | | $1,197 | $0 | $274,678 | | | CVS Pharmacy, Inc |
Property | | 23.02 | CVS Douglas | 12/31/2019 | | 97.0% | $259,475 | $2,595 | $256,880 | | $1,088 | $0 | $255,792 | | | CVS Pharmacy, Inc |
Loan | | 24 | Kroger Distribution Center | N/A | N/A | 97.0% | $538,350 | $5,384 | $532,967 | 10.2% | $31,500 | $0 | $501,467 | 9.6% | | Roundy’s Supermarkets |
Loan | | 25 | Cardiff Reef | 10/31/2020 T9 | 9.3% | 91.2% | $696,331 | $212,646 | $483,685 | 10.2% | $4,250 | $0 | $479,435 | 10.1% | | The Familie V2 |
Loan | | 26 | 541 Bronx River Road | 9/30/2020 TTM | 11.5% | 94.8% | $1,007,143 | $480,735 | $526,408 | 11.7% | $24,989 | $0 | $501,419 | 11.1% | | N/A |
Loan | | 27 | 645 Owners Corp. | N/A | N/A | 97.1% | $1,520,884 | $575,755 | $945,129 | 21.0% | $19,800 | $0 | $925,329 | 20.6% | | N/A |
Loan | | 28 | Glen Manor Apartments Corp. | N/A | N/A | 96.0% | $1,635,955 | $681,751 | $954,204 | 27.3% | $20,700 | $0 | $933,504 | 26.7% | | N/A |
Loan | | 29 | Extra Space Storage-San Jacinto | 8/31/2020 TTM | 28.7% | 85.6% | $1,297,407 | $415,672 | $881,735 | 27.6% | $48,833 | $0 | $832,902 | 26.1% | | N/A |
Loan | | 30 | 277 Bronx River Road Owners, Inc. | N/A | N/A | 95.1% | $1,724,060 | $586,121 | $1,137,939 | 38.0% | $25,500 | $0 | $1,112,439 | 37.1% | | N/A |
Loan | | 31 | P.M.A. Corporation | N/A | N/A | 95.0% | $1,621,644 | $702,849 | $918,795 | 30.7% | $16,500 | $0 | $902,295 | 30.2% | | N/A |
Loan | | 32 | 14 Soundview Owners Corp. | N/A | N/A | 93.9% | $1,597,043 | $743,823 | $853,220 | 31.6% | $17,000 | $0 | $836,220 | 31.0% | | N/A |
Loan | | 33 | Roseville North Highlands Self Storage | 9/30/2020 TTM | 10.7% | 88.2% | $534,884 | $236,977 | $297,907 | 11.2% | $8,421 | $0 | $289,486 | 10.9% | | N/A |
Loan | | 34 | 40 W. 22nd St. Tenants Cooperative Corp. | N/A | N/A | 93.0% | $3,029,475 | $1,004,351 | $2,025,124 | 81.0% | $33,000 | $0 | $1,992,124 | 79.7% | | N/A |
Loan | | 35 | 11 Bronx River Road Owners, Inc. | N/A | N/A | 95.1% | $1,367,636 | $529,524 | $838,112 | 36.4% | $19,000 | $0 | $819,112 | 35.6% | | N/A |
Loan | 9 | 36 | 225 Lincoln Apts Corp. a/k/a 225 Lincoln Apts. Corp. | N/A | N/A | 96.0% | $1,942,033 | $749,149 | $1,192,884 | 56.8% | $13,000 | $0 | $1,179,884 | 56.2% | | N/A |
Loan | | 37 | Elizabeth Gardens Corp. | N/A | N/A | 93.0% | $1,449,628 | $601,936 | $847,692 | 48.4% | $15,800 | $0 | $831,892 | 47.5% | | N/A |
Loan | | 38 | Via Magna Corp. f/k/a CLXXXII Via Magna Corp. | N/A | N/A | 93.5% | $988,080 | $399,725 | $588,355 | 37.4% | $13,500 | $0 | $574,855 | 36.6% | | N/A |
Loan | | 39 | Roblinn Corp. | N/A | N/A | 93.0% | $1,056,639 | $580,813 | $475,826 | 34.0% | $24,000 | $0 | $451,826 | 32.3% | | N/A |
Loan | | 40 | 7520 Ridge Owners Corp. | N/A | N/A | 95.4% | $813,672 | $379,084 | $434,588 | 39.5% | $10,400 | $0 | $424,188 | 38.6% | | 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 | 3rd Largest Tenant Lease Expiration(4) | 3rd Largest Tenant NSF | 3rd Largest Tenant % of NSF |
Loan | 5,9 | 1 | 605 Third Avenue | 12/31/2028 | 194,701 | 18.9% | | United Nations Population Fund | 12/31/2025 | 130,740 | 12.7% | | Broadridge Financial Solutions, Inc. | 1/31/2035 | 87,165 | 8.5% |
Loan | 5,7,8,11 | 2 | McClellan Park | 6/30/2030 | 417,637 | 6.0% | | Hydra Distribution | 4/16/2025 | 388,784 | 5.6% | | Dome Printing | 11/17/2033 | 320,000 | 4.6% |
Loan | 5 | 3 | Miami Design District | 4/30/2025 | 24,897 | 5.0% | | Fendi Casa/Luxury Living | 4/16/2027 | 22,439 | 4.5% | | Dacra | 1/31/2023 | 18,828 | 3.8% |
Loan | 5,12 | 4 | McDonald’s Global HQ | 7/31/2033 | 532,526 | 92.6% | | Politan Row | 5/31/2029 | 10,453 | 1.8% | | Walgreens | 9/30/2048 | 9,369 | 1.6% |
Loan | 5,7,10,13 | 5 | Coleman Highline | 162,557 SF (12/31/2029); 194,549 SF (9/30/2030) | 357,106 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | 5,9 | 6 | Grace Building | 5/31/2042 | 155,270 | 10.0% | | The Trade Desk | 8/31/2030 | 154,558 | 9.9% | | Israel Discount Bank | 12/31/2040 | 142,533 | 9.2% |
Loan | 5,10 | 7 | 250 West 57th Street | 8/31/2034 | 87,943 | 16.2% | | The TJX Companies, Inc. | 11/30/2030 | 46,644 | 8.6% | | Concord Music | 12/10/2035 | 46,329 | 8.5% |
Loan | 5,6,14 | 8 | ExchangeRight Net Leased Portfolio #41 | | | | | | | | | | | | | |
Property | | 8.01 | Dignity Health - Glendale, AZ | 8/22/2034 | 11,060 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 8.02 | Walmart Neighborhood Market - Mobile, AL | 11/10/2030 | 41,920 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 8.03 | Walmart Neighborhood Market - Forest, VA | 6/9/2030 | 41,117 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 8.04 | BioLife Plasma Services L.P. - Avondale, AZ | 10/1/2035 | 14,410 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 8.05 | BioLife Plasma Services L.P. - Richmond, VA | 10/31/2035 | 11,269 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 8.06 | Natural Grocers - Little Rock, AR | 4/30/2031 | 15,000 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 8.07 | Walgreens - Columbus, OH | 1/31/2031 | 15,120 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 8.08 | CVS Pharmacy - Schaumburg, IL | 1/31/2031 | 13,013 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 8.09 | Hobby Lobby - Odessa, TX | 4/30/2031 | 62,812 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 8.10 | Tractor Supply - Toughkenamon, PA | 4/30/2033 | 19,097 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 8.11 | Walgreens - Harker Heights, TX | 10/31/2031 | 14,820 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 8.12 | Fresenius Medical Care - Hephzibah, GA | 6/30/2030 | 6,192 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 8.13 | Tractor Supply - Alexandria, LA | 10/31/2030 | 19,097 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 8.14 | Dollar Tree - Brown Deer, WI | 1/31/2031 | 9,560 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 8.15 | Dollar General - Odessa, TX | 10/31/2034 | 10,566 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 8.16 | Dollar General - New Castle, PA | 10/31/2034 | 9,100 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 8.17 | Dollar General - Evansville, IN | 9/30/2035 | 9,026 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 8.18 | Dollar General - Harlingen, TX | 9/30/2035 | 9,002 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | 5,8 | 9 | Fresh Pond Cambridge | 1/31/2028 | 45,150 | 19.9% | | T J Maxx / Homegoods | 1/31/2031 | 35,432 | 15.6% | | PetSmart | 1/1/2023 | 27,731 | 12.2% |
Loan | 15 | 10 | York Marketplace | 1/30/2024 | 125,353 | 40.9% | | Giant Food (Ground Lease) | 5/31/2029 | 74,600 | 24.3% | | Crunch Fitness | 6/30/2030 | 23,500 | 7.7% |
Loan | 5,7,9,16,17 | 11 | The Arboretum | 1/26/2025 | 120,405 | 21.7% | | Harris Teeter | 6/17/2022 | 68,119 | 12.3% | | Regal Entertainment Group/Cinebarre | 8/31/2022 | 36,000 | 6.5% |
Loan | 10,18 | 12 | Hilton Garden Inn Salt Lake City Airport | 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 | 13 | Walgreens Portfolio | | | | | | | | | | | | | |
Property | | 13.01 | Walgreens - Metairie, LA | 4/30/2030 | 13,650 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 13.02 | Walgreens - Gretna, LA | 5/31/2035 | 14,490 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 13.03 | Walgreens - Denham Springs, LA | 6/30/2035 | 14,490 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 13.04 | Walgreens - Lansing, MI | 7/31/2035 | 14,418 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 13.05 | Walgreens - Ruston, LA | 7/31/2035 | 13,650 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | 5,7,19 | 14 | 1890 Ranch | 8/31/2023 | 80,352 | 18.2% | | Gold’s Gym | 9/30/2023 | 40,000 | 9.1% | | Cinemark | 10/31/2022 | 39,144 | 8.9% |
Loan | | 15 | Town Center Jeffersonville | 9/30/2033 | 54,995 | 29.9% | | Burlington | 2/28/2031 | 36,073 | 19.6% | | TJ Maxx | 10/31/2029 | 22,499 | 12.2% |
Loan | 8 | 16 | 80 Grand - CA | 9/30/2030 | 9,920 | 22.5% | | MedBridge Development Company, L.P. | 12/31/2030 | 6,368 | 14.4% | | Beekeeper USA Inc | 12/31/2022 | 4,960 | 11.2% |
Loan | 5,9,10,20 | 17 | 711 Fifth Avenue | 4/30/2024 | 84,516 | 24.9% | | Allen & Company | 9/30/2033 | 70,972 | 20.9% | | Ralph Lauren Retail Inc. | 6/30/2029 | 38,638 | 11.4% |
Loan | | 18 | ClimaStor 5 | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | | 19 | Comfort Suites – Moab, UT | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | 9 | 20 | Oakwood Village | 1/31/2024 | 32,563 | 27.0% | | Nuttall’s Sewing Center | 9/30/2029 | 18,012 | 14.9% | | Octapharma | 9/30/2023 | 11,700 | 9.7% |
Loan | | 21 | Bay Terrace Cooperative Section XII, Inc. | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | | 22 | Barocrest Apartments Owners Corp. | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | 6 | 23 | CVS Montgomery & Douglas Portfolio | | | | | | | | | | | | | |
Property | | 23.01 | CVS Montgomery | 1/31/2031 | 11,970 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Property | | 23.02 | CVS Douglas | 1/31/2030 | 10,880 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | | 24 | Kroger Distribution Center | 7/31/2031 | 225,000 | 100.0% | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | | 25 | Cardiff Reef | 10/31/2023 | 1,700 | 11.1% | | Brown & Winters | 12/31/2024 | 850 | 5.6% | | KAT Beauty, LLC | 10/31/2024 | 850 | 5.6% |
Loan | | 26 | 541 Bronx River Road | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | | 27 | 645 Owners Corp. | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | | 28 | Glen Manor Apartments Corp. | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | | 29 | Extra Space Storage-San Jacinto | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | | 30 | 277 Bronx River Road Owners, Inc. | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | | 31 | P.M.A. Corporation | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | | 32 | 14 Soundview Owners Corp. | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | | 33 | Roseville North Highlands 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 | | 34 | 40 W. 22nd St. Tenants Cooperative Corp. | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | | 35 | 11 Bronx River Road Owners, Inc. | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | 9 | 36 | 225 Lincoln Apts Corp. a/k/a 225 Lincoln Apts. Corp. | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | | 37 | Elizabeth Gardens Corp. | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | | 38 | Via Magna Corp. f/k/a CLXXXII Via Magna Corp. | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | | 39 | Roblinn Corp. | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A |
Loan | | 40 | 7520 Ridge Owners Corp. | 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 | 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 | | Upfront Replacement Reserves |
Loan | 5,9 | 1 | 605 Third Avenue | AECOM Technology Corporation | 3/31/2033 | 78,484 | 7.6% | | Anti-Defamation League of B’Nai B’Rith, Inc. | 3/31/2027 | 73,333 | 7.1% | | $0 |
Loan | 5,7,8,11 | 2 | McClellan Park | McClellan Jet Services | 9/12/2022 | 280,839 | 4.1% | | Northrop Grumman Systems | 254,511 (12/31/2021); 4,857 (7/31/2022); 8,250 (11/30/2022) | 267,618 | 3.9% | | $0 |
Loan | 5 | 3 | Miami Design District | Luxury Brand Partners | 8/17/2022 | 18,077 | 3.6% | | Luminaire | 1/31/2024 | 15,000 | 3.0% | | $0 |
Loan | 5,12 | 4 | McDonald’s Global HQ | One Medical | 12/31/2030 | 4,889 | 0.9% | | FedEx Retail | 12/31/2028 | 2,124 | 0.4% | | $0 |
Loan | 5,7,10,13 | 5 | Coleman Highline | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | 5,9 | 6 | Grace Building | Bain & Company, Inc. | 2/28/2030 | 121,262 | 7.8% | | Insight Venture Management LLC | 2/28/2030 | 93,998 | 6.0% | | $0 |
Loan | 5,10 | 7 | 250 West 57th Street | Lighthouse Guild International Inc. | 5/31/2027 | 37,680 | 6.9% | | UMG Recordings, Inc. | 12/31/2028 | 26,152 | 4.8% | | $0 |
Loan | 5,6,14 | 8 | ExchangeRight Net Leased Portfolio #41 | | | | | | | | | | | $0 |
Property | | 8.01 | Dignity Health - Glendale, AZ | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 8.02 | Walmart Neighborhood Market - Mobile, AL | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 8.03 | Walmart Neighborhood Market - Forest, VA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 8.04 | BioLife Plasma Services L.P. - Avondale, AZ | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 8.05 | BioLife Plasma Services L.P. - Richmond, VA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 8.06 | Natural Grocers - Little Rock, AR | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 8.07 | Walgreens - Columbus, OH | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 8.08 | CVS Pharmacy - Schaumburg, IL | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 8.09 | Hobby Lobby - Odessa, TX | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 8.10 | Tractor Supply - Toughkenamon, PA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 8.11 | Walgreens - Harker Heights, TX | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 8.12 | Fresenius Medical Care - Hephzibah, GA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 8.13 | Tractor Supply - Alexandria, LA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 8.14 | Dollar Tree - Brown Deer, WI | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 8.15 | Dollar General - Odessa, TX | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 8.16 | Dollar General - New Castle, PA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 8.17 | Dollar General - Evansville, IN | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 8.18 | Dollar General - Harlingen, TX | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Loan | 5,8 | 9 | Fresh Pond Cambridge | Staples | 9/30/2027 | 18,000 | 7.9% | | Action For Boston Comm. Devlpmt | 6/30/2025 | 10,700 | 4.7% | | $0 |
Loan | 15 | 10 | York Marketplace | Super Shoes | 3/31/2024 | 20,000 | 6.5% | | Fine Wine & Good Spirits | 8/31/2025 | 12,500 | 4.1% | | $0 |
Loan | 5,7,9,16,17 | 11 | The Arboretum | Bed Bath & Beyond | 1/31/2023 | 35,000 | 6.3% | | Barnes & Noble | 6/30/2025 | 24,994 | 4.5% | | $0 |
Loan | 10,18 | 12 | Hilton Garden Inn Salt Lake City Airport | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | 6,7 | 13 | Walgreens Portfolio | | | | | | | | | | | $0 |
Property | | 13.01 | Walgreens - Metairie, LA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 13.02 | Walgreens - Gretna, LA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 13.03 | Walgreens - Denham Springs, LA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 13.04 | Walgreens - Lansing, MI | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 13.05 | Walgreens - Ruston, LA | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Loan | 5,7,19 | 14 | 1890 Ranch | Burlington | 2/28/2031 | 36,736 | 8.3% | | PetSmart | 1/31/2023 | 27,880 | 6.3% | | $0 |
Loan | | 15 | Town Center Jeffersonville | Homegoods | 10/31/2029 | 22,000 | 11.9% | | Petco | 7/31/2030 | 13,352 | 7.2% | | $0 |
Loan | 8 | 16 | 80 Grand - CA | Eye Physicians of the East Bay Medical Corp | 8/31/2027 | 4,960 | 11.2% | | Columbia Asthma and Allergy Clinic | 9/30/2028 | 4,960 | 11.2% | | $0 |
Loan | 5,9,10,20 | 17 | 711 Fifth Avenue | Loro Piana USA | 8/31/2025 | 24,388 | 7.2% | | Sandler Capital | 6/30/2027 | 17,200 | 5.1% | | $0 |
Loan | | 18 | ClimaStor 5 | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | | 19 | Comfort Suites – Moab, UT | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | 9 | 20 | Oakwood Village | Dollar Tree | 1/31/2025 | 10,000 | 8.3% | | The Warehouse | 4/30/2023 | 8,456 | 7.0% | | $0 |
Loan | | 21 | Bay Terrace Cooperative Section XII, Inc. | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | | 22 | Barocrest Apartments Owners Corp. | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | 6 | 23 | CVS Montgomery & Douglas Portfolio | | | | | | | | | | | $0 |
Property | | 23.01 | CVS Montgomery | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Property | | 23.02 | CVS Douglas | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | |
Loan | | 24 | Kroger Distribution Center | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | | 25 | Cardiff Reef | Experience Life Chiropractic | 1/31/2021 | 850 | 5.6% | | Proper Band | 10/31/2022 | 850 | 5.6% | | $0 |
Loan | | 26 | 541 Bronx River Road | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | | 27 | 645 Owners Corp. | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | | 28 | Glen Manor Apartments Corp. | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | | 29 | Extra Space Storage-San Jacinto | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | | 30 | 277 Bronx River Road Owners, Inc. | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | | 31 | P.M.A. Corporation | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | | 32 | 14 Soundview Owners Corp. | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | | 33 | Roseville North Highlands Self Storage | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | | 34 | 40 W. 22nd St. Tenants Cooperative Corp. | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | | 35 | 11 Bronx River Road Owners, Inc. | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | 9 | 36 | 225 Lincoln Apts Corp. a/k/a 225 Lincoln Apts. Corp. | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | | 37 | Elizabeth Gardens Corp. | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | | 38 | Via Magna Corp. f/k/a CLXXXII Via Magna Corp. | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | | 39 | Roblinn Corp. | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Loan | | 40 | 7520 Ridge Owners Corp. | N/A | N/A | N/A | N/A | | N/A | N/A | N/A | N/A | | $0 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS |
| | | | | | | | | | | | | | | |
Property Flag | Footnotes | Loan ID | Property Name | 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 | 5,9 | 1 | 605 Third Avenue | $0 | $411,096 | $1,092,905 | $0 | $4,000,000 | $0 | $0 | $0 | $0 | $0 | $934,456 | $0 |
Loan | 5,7,8,11 | 2 | McClellan Park | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6,190,922 | $0 |
Loan | 5 | 3 | Miami Design District | $8,285 | $0 | $4,907,050 | $82,849 | $0 | $2,100,000 | $525,000 | $0 | $0 | $0 | $12,199,307 | $0 |
Loan | 5,12 | 4 | McDonald’s Global HQ | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6,161,307 | $0 |
Loan | 5,7,10,13 | 5 | Coleman Highline | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19,690,191 | $0 |
Loan | 5,9 | 6 | Grace Building | $0 | $0 | $56,172,399 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $33,543,750 | $0 |
Loan | 5,10 | 7 | 250 West 57th Street | $0 | $0 | $859,958 | $0 | $0 | $3,841,605 | $768,321 | $0 | $0 | $0 | $4,194,083 | $0 |
Loan | 5,6,14 | 8 | ExchangeRight Net Leased Portfolio #41 | $2,860 | $0 | $500,000 | $0 | $0 | $190,224 | $0 | $440 | $220 | $34,460 | $28,836 | $0 |
Property | | 8.01 | Dignity Health - Glendale, AZ | | | | | | | | | | | | |
Property | | 8.02 | Walmart Neighborhood Market - Mobile, AL | | | | | | | | | | | | |
Property | | 8.03 | Walmart Neighborhood Market - Forest, VA | | | | | | | | | | | | |
Property | | 8.04 | BioLife Plasma Services L.P. - Avondale, AZ | | | | | | | | | | | | |
Property | | 8.05 | BioLife Plasma Services L.P. - Richmond, VA | | | | | | | | | | | | |
Property | | 8.06 | Natural Grocers - Little Rock, AR | | | | | | | | | | | | |
Property | | 8.07 | Walgreens - Columbus, OH | | | | | | | | | | | | |
Property | | 8.08 | CVS Pharmacy - Schaumburg, IL | | | | | | | | | | | | |
Property | | 8.09 | Hobby Lobby - Odessa, TX | | | | | | | | | | | | |
Property | | 8.10 | Tractor Supply - Toughkenamon, PA | | | | | | | | | | | | |
Property | | 8.11 | Walgreens - Harker Heights, TX | | | | | | | | | | | | |
Property | | 8.12 | Fresenius Medical Care - Hephzibah, GA | | | | | | | | | | | | |
Property | | 8.13 | Tractor Supply - Alexandria, LA | | | | | | | | | | | | |
Property | | 8.14 | Dollar Tree - Brown Deer, WI | | | | | | | | | | | | |
Property | | 8.15 | Dollar General - Odessa, TX | | | | | | | | | | | | |
Property | | 8.16 | Dollar General - New Castle, PA | | | | | | | | | | | | |
Property | | 8.17 | Dollar General - Evansville, IN | | | | | | | | | | | | |
Property | | 8.18 | Dollar General - Harlingen, TX | | | | | | | | | | | | |
Loan | 5,8 | 9 | Fresh Pond Cambridge | $2,834 | $0 | $0 | $28,341 | $680,190 | $93,522 | $93,522 | $0 | $0 | $79,376 | $339,891 | $0 |
Loan | 15 | 10 | York Marketplace | $2,556 | $122,688 | $500,000 | $10,481 | $920,247 | $132,706 | $66,352 | $0 | $0 | $0 | $200,620; LOC: $1,468,297 | $0 |
Loan | 5,7,9,16,17 | 11 | The Arboretum | $17,604 | $0 | $2,000,000 | $69,489 | $5,000,000 | $124,209 | $124,207 | $0 | $0 | $112,500 | $3,970,402 | $0 |
Loan | 10,18 | 12 | Hilton Garden Inn Salt Lake City Airport | $15,933 | $0 | $0 | $0 | $0 | $82,534 | $20,634 | $0 | $0 | $0 | $3,461,730 | $0 |
Loan | 6,7 | 13 | Walgreens Portfolio | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Property | | 13.01 | Walgreens - Metairie, LA | | | | | | | | | | | | |
Property | | 13.02 | Walgreens - Gretna, LA | | | | | | | | | | | | |
Property | | 13.03 | Walgreens - Denham Springs, LA | | | | | | | | | | | | |
Property | | 13.04 | Walgreens - Lansing, MI | | | | | | | | | | | | |
Property | | 13.05 | Walgreens - Ruston, LA | | | | | | | | | | | | |
Loan | 5,7,19 | 14 | 1890 Ranch | $5,799 | $0 | $0 | $47,838 | $1,435,145 | $902,664 | $225,666 | $29,364 | $13,682 | $0 | $3,061,075 | $0 |
Loan | | 15 | Town Center Jeffersonville | $2,304 | $82,958 | $0 | $11,522 | $414,788 | $48,340 | $24,170 | $0 | $0 | $0 | $0 | $0 |
Loan | 8 | 16 | 80 Grand - CA | $736 | $17,662 | $0 | $4,889 | $175,977 | $39,472 | $9,868 | $0 | $0 | $0 | $1,116,848 | $0 |
Loan | 5,9,10,20 | 17 | 711 Fifth Avenue | $0 | $170,012 | $0 | $0 | $1,020,027 | $0 | $0 | $0 | $0 | $0 | $1,048,024 | $0 |
Loan | | 18 | ClimaStor 5 | $1,232 | $30,000 | $0 | $0 | $0 | $6,083 | $6,083 | $8,157 | $2,179 | $0 | $0 | $0 |
Loan | | 19 | Comfort Suites – Moab, UT | $11,892 | $0 | $0 | $0 | $0 | $26,528 | $8,023 | $8,518 | $2,130 | $0 | $638,174 | $48,800 |
Loan | 9 | 20 | Oakwood Village | $2,010 | $72,335 | $250,000 | $6,028 | $400,000 | $14,394 | $14,394 | $0 | $0 | $0 | $215,000 | $0 |
Loan | | 21 | Bay Terrace Cooperative Section XII, Inc. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $20,000 | $0 |
Loan | | 22 | Barocrest Apartments Owners Corp. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10,000 | $0 |
Loan | 6 | 23 | CVS Montgomery & Douglas Portfolio | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Property | | 23.01 | CVS Montgomery | | | | | | | | | | | | |
Property | | 23.02 | CVS Douglas | | | | | | | | | | | | |
Loan | | 24 | Kroger Distribution Center | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $55,500 | $0 |
Loan | | 25 | Cardiff Reef | $0 | $0 | $0 | $0 | $0 | $0 | $12,723.98 starting in May 2021 | $9,875 | $898 | $0 | $0 | $0 |
Loan | | 26 | 541 Bronx River Road | $2,082 | $0 | $0 | $0 | $0 | $20,905 | $20,905 | $0 | $0 | $25,783 | $0 | $0 |
Loan | | 27 | 645 Owners Corp. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $66,250 | $0 |
Loan | | 28 | Glen Manor Apartments Corp. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11,250 | $0 |
Loan | | 29 | Extra Space Storage-San Jacinto | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Loan | | 30 | 277 Bronx River Road Owners, Inc. | $0 | $0 | $0 | $0 | $0 | $35,510 | $12,982 | $0 | $0 | $0 | $350,000 | $0 |
Loan | | 31 | P.M.A. Corporation | $0 | $0 | $0 | $0 | $0 | $105,137 | $16,570 | $0 | $0 | $0 | $0 | $0 |
Loan | | 32 | 14 Soundview Owners Corp. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Loan | | 33 | Roseville North Highlands Self Storage | $702 | $0 | $0 | $0 | $0 | $8,835 | $2,945 | $0 | $0 | $23,438 | $0 | $0 |
Loan | | 34 | 40 W. 22nd St. Tenants Cooperative Corp. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Loan | | 35 | 11 Bronx River Road Owners, Inc. | $0 | $0 | $0 | $0 | $0 | $24,151 | $8,081 | $0 | $0 | $0 | $157,500 | $0 |
Loan | 9 | 36 | 225 Lincoln Apts Corp. a/k/a 225 Lincoln Apts. Corp. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $30,900 | $0 |
Loan | | 37 | Elizabeth Gardens Corp. | $0 | $0 | $0 | $0 | $0 | $46,750 | $17,583 | $0 | $0 | $0 | $0 | $0 |
Loan | | 38 | Via Magna Corp. f/k/a CLXXXII Via Magna Corp. | $0 | $0 | $0 | $0 | $0 | $52,500 | $17,500 | $0 | $0 | $0 | $0 | $0 |
Loan | | 39 | Roblinn Corp. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Loan | | 40 | 7520 Ridge Owners Corp. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18,750 | $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) |
Loan | 5,9 | 1 | 605 Third Avenue | Free Rent; Univision Reserve | | 11/5/2020 | 10/27/2020 | N/A | 10/27/2020 | N/A | No |
Loan | 5,7,8,11 | 2 | McClellan Park | Development Agency Loan Reserve; Rent Concession Reserve; Tenant Specific TILC Reserve | | 10/15/2020 | Various | N/A | 9/30/2020 | 9/30/2020 | Yes - 3 |
Loan | 5 | 3 | Miami Design District | Debt Service Reserve; Free Rent Reserve; Gap Rent Reserve | | 2/28/2020 | 2/20/2020 | N/A | 2/20/2020 | N/A | No |
Loan | 5,12 | 4 | McDonald’s Global HQ | Free Rent Reserve | | 10/15/2020 | 8/28/2020 | N/A | 8/28/2020 | N/A | No |
Loan | 5,7,10,13 | 5 | Coleman Highline | Roku TI Reserve; Debt Service Reserve | | 10/27/2020 | 10/6/2020 | N/A | 10/26/2020 | 10/5/2020 | Yes - 4 |
Loan | 5,9 | 6 | Grace Building | Free Rent Reserve; Lobby/Elevator Work; Parking Rent Shortfall Reserve | | 10/22/2020 | 9/22/2020 | N/A | 9/22/2020 | N/A | No |
Loan | 5,10 | 7 | 250 West 57th Street | Free Rent reserve | | 11/4/2020 | 10/20/2020 | N/A | 10/20/2020 | N/A | No |
Loan | 5,6,14 | 8 | ExchangeRight Net Leased Portfolio #41 | Environmental Insurance Escrow; BioLife Rollover Reserve | | | | | | | |
Property | | 8.01 | Dignity Health - Glendale, AZ | | | 10/28/2020 | 10/30/2020 | N/A | 10/30/2020 | N/A | No |
Property | | 8.02 | Walmart Neighborhood Market - Mobile, AL | | | 11/2/2020 | 11/10/2020 | N/A | 11/10/2020 | N/A | No |
Property | | 8.03 | Walmart Neighborhood Market - Forest, VA | | | 11/2/2020 | 11/10/2020 | N/A | 11/9/2020 | N/A | No |
Property | | 8.04 | BioLife Plasma Services L.P. - Avondale, AZ | | | 10/28/2020 | 10/7/2020 | N/A | 10/27/2020 | N/A | No |
Property | | 8.05 | BioLife Plasma Services L.P. - Richmond, VA | | | 11/10/2020 | 9/28/2020 | N/A | 10/27/2020 | N/A | No |
Property | | 8.06 | Natural Grocers - Little Rock, AR | | | 10/31/2020 | 10/26/2020 | N/A | 10/26/2020 | N/A | No |
Property | | 8.07 | Walgreens - Columbus, OH | | | 11/4/2020 | 11/9/2020 | N/A | 11/9/2020 | N/A | No |
Property | | 8.08 | CVS Pharmacy - Schaumburg, IL | | | 10/30/2020 | 10/28/2020 | N/A | 10/28/2020 | N/A | No |
Property | | 8.09 | Hobby Lobby - Odessa, TX | | | 10/31/2020 | 11/4/2020 | N/A | 11/4/2020 | N/A | No |
Property | | 8.10 | Tractor Supply - Toughkenamon, PA | | | 11/2/2020 | 11/3/2020 | N/A | 10/26/2020 | N/A | No |
Property | | 8.11 | Walgreens - Harker Heights, TX | | | 11/3/2020 | 10/26/2020 | N/A | 10/26/2020 | N/A | No |
Property | | 8.12 | Fresenius Medical Care - Hephzibah, GA | | | 11/3/2020 | 10/29/2020 | N/A | 10/29/2020 | N/A | No |
Property | | 8.13 | Tractor Supply - Alexandria, LA | | | 10/31/2020 | 10/27/2020 | N/A | 10/27/2020 | N/A | No |
Property | | 8.14 | Dollar Tree - Brown Deer, WI | | | 10/28/2020 | 8/28/2020 | N/A | 8/26/2020 | N/A | No |
Property | | 8.15 | Dollar General - Odessa, TX | | | 10/31/2020 | 4/27/2020 | N/A | 4/27/2020 | N/A | No |
Property | | 8.16 | Dollar General - New Castle, PA | | | 10/30/2020 | 5/4/2020 | N/A | 5/4/2020 | N/A | No |
Property | | 8.17 | Dollar General - Evansville, IN | | | 10/30/2020 | 10/6/2020 | N/A | 10/6/2020 | N/A | No |
Property | | 8.18 | Dollar General - Harlingen, TX | | | 10/29/2020 | 10/8/2020 | N/A | 10/8/2020 | N/A | No |
Loan | 5,8 | 9 | Fresh Pond Cambridge | Whole Foods Escrow | | 9/21/2020 | 9/3/2020 | N/A | 9/3/2020 | N/A | No |
Loan | 15 | 10 | York Marketplace | Rent Concession Reserve; Tenant Specific TILC Reserve; Fee Acquisition LoC Reserve | | 10/19/2020 | 10/13/2020 | N/A | 10/13/2020 | N/A | No |
Loan | 5,7,9,16,17 | 11 | The Arboretum | Debt Service Reserve | | 9/10/2020 | 8/11/2020 | N/A | 8/11/2020 | N/A | No |
Loan | 10,18 | 12 | Hilton Garden Inn Salt Lake City Airport | PIP Reserve; Debt Service Reserve | | 2/12/2020 | 1/10/2020 | N/A | 1/14/2020 | 1/28/2020 | Yes - 3 |
Loan | 6,7 | 13 | Walgreens Portfolio | N/A | | | | | | | |
Property | | 13.01 | Walgreens - Metairie, LA | | | 10/15/2020 | 10/26/2020 | N/A | 10/16/2020 | N/A | No |
Property | | 13.02 | Walgreens - Gretna, LA | | | 10/15/2020 | 10/23/2020 | N/A | 10/16/2020 | N/A | No |
Property | | 13.03 | Walgreens - Denham Springs, LA | | | 10/15/2020 | 10/23/2020 | N/A | 10/16/2020 | N/A | No |
Property | | 13.04 | Walgreens - Lansing, MI | | | 10/15/2020 | 10/27/2020 | N/A | 10/16/2020 | N/A | No |
Property | | 13.05 | Walgreens - Ruston, LA | | | 10/15/2020 | 10/23/2020 | N/A | 10/16/2020 | N/A | No |
Loan | 5,7,19 | 14 | 1890 Ranch | Gap Rent; Outstanding Leasing Obligations; Debt Service Reserve | | 2/11/2020 | 2/18/2020 | N/A | 2/11/2020 | N/A | No |
Loan | | 15 | Town Center Jeffersonville | N/A | | 11/5/2020 | 11/4/2020 | N/A | 11/4/2020 | N/A | No |
Loan | 8 | 16 | 80 Grand - CA | Suite 500 Reserve; Rent Concession Reserve; Existing TILC; Capital Improvement Reserve; Groundwater and Mold Remediation Reserve; Springing Owner-Occupant Reserve | 11/2/2020 | 10/23/2020 | N/A | 10/23/2020 | 10/23/2020 | Yes - 4 |
Loan | 5,9,10,20 | 17 | 711 Fifth Avenue | Unfunded Obligations Reserve; Downgraded Tenant Reserve | | 2/19/2020 | 2/3/2020 | N/A | 1/30/2020 | N/A | No |
Loan | | 18 | ClimaStor 5 | N/A | | 10/21/2020 | 10/12/2020 | N/A | 10/9/2020 | N/A | No |
Loan | | 19 | Comfort Suites – Moab, UT | Seasonality Reserve; PIP Reserve; Debt Service Reserve | | 11/29/2019 | 11/25/2019 | N/A | 11/25/2019 | N/A | No |
Loan | 9 | 20 | Oakwood Village | Debt Service Reserve; Tenant Specific TILC Reserve | | 3/3/2020 | 2/21/2020 | N/A | 10/4/2020 | 2/25/2020 | Yes - 3 |
Loan | | 21 | Bay Terrace Cooperative Section XII, Inc. | Collateral Security Agreement for Capital Improvements | | 10/5/2020 | 9/3/2020 | N/A | 9/2/2020 | N/A | No |
Loan | | 22 | Barocrest Apartments Owners Corp. | Collateral Security Agreement for Sponsor Maintenance | | 10/21/2020 | 9/22/2020 | N/A | 9/22/2020 | N/A | No |
Loan | 6 | 23 | CVS Montgomery & Douglas Portfolio | N/A | | | | | | | |
Property | | 23.01 | CVS Montgomery | | | 7/13/2020 | 10/22/2020 | N/A | 10/22/2020 | N/A | No |
Property | | 23.02 | CVS Douglas | | | 7/10/2020 | 7/14/2020 | N/A | 10/27/2020 | N/A | No |
Loan | | 24 | Kroger Distribution Center | Tenant Specific TILC Reserve | | 11/9/2020 | 6/25/2020 | N/A | 9/2/2020 | N/A | No |
Loan | | 25 | Cardiff Reef | N/A | | 11/10/2020 | 11/3/2020 | N/A | 11/3/2020 | 11/3/2020 | Yes - 4 |
Loan | | 26 | 541 Bronx River Road | N/A | | 10/07/2020 | 9/30/2020 | N/A | 9/30/2020 | N/A | No |
Loan | | 27 | 645 Owners Corp. | Collateral Security Agreement for Property Conditions | | 8/10/2020 | 7/2/2020 | N/A | 7/6/2020 | N/A | No |
Loan | | 28 | Glen Manor Apartments Corp. | Collateral Security Agreement for Capital Improvements | | 11/2/2020 | 10/8/2020 | N/A | 10/9/2020 | N/A | No |
Loan | | 29 | Extra Space Storage-San Jacinto | N/A | | 3/17/2020 | N/A | N/A | 3/16/2020 | 3/16/2020 | Yes - 4 |
Loan | | 30 | 277 Bronx River Road Owners, Inc. | Collateral Security Agreement for Capital Improvements | | 9/14/2020 | 8/21/2020 | N/A | 8/17/2020 | N/A | No |
Loan | | 31 | P.M.A. Corporation | N/A | | 6/5/2020 | 5/20/2020 | N/A | 5/27/2020 | N/A | No |
Loan | | 32 | 14 Soundview Owners Corp. | N/A | | 11/10/2020 | 10/27/2020 | N/A | 11/6/2020 | N/A | No |
Loan | | 33 | Roseville North Highlands Self Storage | N/A | | 10/21/2020 | 10/8/2020 | N/A | 10/8/2020 | 10/8/2020 | Yes - 3 |
Loan | | 34 | 40 W. 22nd St. Tenants Cooperative Corp. | N/A | | 9/16/2020 | 8/17/2020 | N/A | 8/17/2020 | N/A | No |
Loan | | 35 | 11 Bronx River Road Owners, Inc. | Collateral Security Agreement for Capital Improvements | | 10/21/2020 | 10/6/2020 | N/A | 10/7/2020 | N/A | No |
Loan | 9 | 36 | 225 Lincoln Apts Corp. a/k/a 225 Lincoln Apts. Corp. | Collateral Security Agreement for Capital Improvements; Collateral Security Agreement for Property Conditions | | 11/9/2020 | 9/30/2020 | N/A | 9/29/2020 | N/A | No |
Loan | | 37 | Elizabeth Gardens Corp. | N/A | | 10/28/2020 | 9/25/2020 | N/A | 9/29/2020 | N/A | No |
Loan | | 38 | Via Magna Corp. f/k/a CLXXXII Via Magna Corp. | N/A | | 10/20/2020 | 10/15/2020 | N/A | 10/15/2020 | N/A | No |
Loan | | 39 | Roblinn Corp. | N/A | | 10/27/2020 | 10/6/2020 | N/A | 10/6/2020 | N/A | No |
Loan | | 40 | 7520 Ridge Owners Corp. | Collateral Security Agreement for Property Conditions | | 11/6/2020 | 9/22/2020 | N/A | 9/21/2020 | N/A | No |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS |
| | | | | | | | | | | | | | | | | | | | | | | | |
Property Flag | Footnotes | Loan ID | Property Name | PML % | | 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 | 5,9 | 1 | 605 Third Avenue | N/A | | $151,000,000 | | $78,000,000 | 45.1% | 4.30x | 10.4% | | $91,000,000 | 58.4% | 2.58x | 8.0% | | | | | | | | |
Loan | 5,7,8,11 | 2 | McClellan Park | 9.0% | | $283,000,000 | | | 60.2% | 2.90x | 10.5% | | | | | | | | | | | | | |
Loan | 5 | 3 | Miami Design District | N/A | | $325,000,000 | | $100,000,000 | 58.4% | 1.72x | 7.4% | | | | | | | | | | | | | |
Loan | 5,12 | 4 | McDonald’s Global HQ | N/A | | $99,568,671 | | $110,000,000 | 68.3% | 1.17x | 7.2% | | | | | | | | | | | | | |
Loan | 5,7,10,13 | 5 | Coleman Highline | 9.0% | | $107,000,000 | | | 56.5% | 3.18x | 9.2% | | | | | | | | | | | | | |
Loan | 5,9 | 6 | Grace Building | N/A | | $823,000,000 | | $367,000,000 | 58.1% | 3.00x | 8.3% | | | | | | | | | | | | | |
Loan | 5,10 | 7 | 250 West 57th Street | N/A | | $125,000,000 | | | 54.5% | 3.49x | 11.1% | | | | | | | | | | | | | |
Loan | 5,6,14 | 8 | ExchangeRight Net Leased Portfolio #41 | | | $26,338,000 | | | 61.3% | 2.60x | 8.8% | | | | | | | | | | | | | |
Property | | 8.01 | Dignity Health - Glendale, AZ | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 8.02 | Walmart Neighborhood Market - Mobile, AL | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 8.03 | Walmart Neighborhood Market - Forest, VA | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 8.04 | BioLife Plasma Services L.P. - Avondale, AZ | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 8.05 | BioLife Plasma Services L.P. - Richmond, VA | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 8.06 | Natural Grocers - Little Rock, AR | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 8.07 | Walgreens - Columbus, OH | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 8.08 | CVS Pharmacy - Schaumburg, IL | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 8.09 | Hobby Lobby - Odessa, TX | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 8.10 | Tractor Supply - Toughkenamon, PA | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 8.11 | Walgreens - Harker Heights, TX | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 8.12 | Fresenius Medical Care - Hephzibah, GA | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 8.13 | Tractor Supply - Alexandria, LA | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 8.14 | Dollar Tree - Brown Deer, WI | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 8.15 | Dollar General - Odessa, TX | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 8.16 | Dollar General - New Castle, PA | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 8.17 | Dollar General - Evansville, IN | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 8.18 | Dollar General - Harlingen, TX | N/A | | | | | | | | | | | | | | | | | | | | |
Loan | 5,8 | 9 | Fresh Pond Cambridge | N/A | | $20,000,000 | | | 44.2% | 3.34x | 11.4% | | | | | | | | | | | | | |
Loan | 15 | 10 | York Marketplace | N/A | | | | | | | | | | | | | | | | | | | | |
Loan | 5,7,9,16,17 | 11 | The Arboretum | N/A | | $74,764,693 | | | 58.6% | 1.70x | 9.6% | | | | | | | | | | | | | |
Loan | 10,18 | 12 | Hilton Garden Inn Salt Lake City Airport | 7.0% | | | | | | | | | | | | | | | | | | | | |
Loan | 6,7 | 13 | Walgreens Portfolio | | | | | | | | | | | | | | | | | | | | | |
Property | | 13.01 | Walgreens - Metairie, LA | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 13.02 | Walgreens - Gretna, LA | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 13.03 | Walgreens - Denham Springs, LA | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 13.04 | Walgreens - Lansing, MI | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 13.05 | Walgreens - Ruston, LA | N/A | | | | | | | | | | | | | | | | | | | | |
Loan | 5,7,19 | 14 | 1890 Ranch | N/A | | $30,000,000 | | | 66.2% | 2.17x | 12.0% | | | | | | | | | | | | | |
Loan | | 15 | Town Center Jeffersonville | N/A | | | | | | | | | | | | | | | | | | | | |
Loan | 8 | 16 | 80 Grand - CA | 19.0% | | | | | | | | | | | | | | | | | | | | |
Loan | 5,9,10,20 | 17 | 711 Fifth Avenue | N/A | | $530,000,000 | | | 54.5% | 2.90x | 9.4% | | | | | | | | | | | | | |
Loan | | 18 | ClimaStor 5 | N/A | | | | | | | | | | | | | | | | | | | | |
Loan | | 19 | Comfort Suites – Moab, UT | N/A | | | | | | | | | | | | | | | | | | | | |
Loan | 9 | 20 | Oakwood Village | 12.0% | | | | | | | | | | | | | | | | | | | | |
Loan | | 21 | Bay Terrace Cooperative Section XII, Inc. | N/A | | | $500,000 | | 15.8% | 4.07x | 18.3% | | | | | | | $27,000,000 | 27.7% | 0.0% | 0 | 0 | 0 | N/A |
Loan | | 22 | Barocrest Apartments Owners Corp. | N/A | | | $250,000 | | 29.6% | 4.26x | 14.1% | | | | | | | $17,300,000 | 34.7% | 1.5% | 1 | 0 | 0 | $310 |
Loan | 6 | 23 | CVS Montgomery & Douglas Portfolio | | | | | | | | | | | | | | | | | | | | | |
Property | | 23.01 | CVS Montgomery | N/A | | | | | | | | | | | | | | | | | | | | |
Property | | 23.02 | CVS Douglas | N/A | | | | | | | | | | | | | | | | | | | | |
Loan | | 24 | Kroger Distribution Center | N/A | | | | | | | | | | | | | | | | | | | | |
Loan | | 25 | Cardiff Reef | 7.0% | | | | | | | | | | | | | | | | | | | | |
Loan | | 26 | 541 Bronx River Road | N/A | | | | | | | | | | | | | | | | | | | | |
Loan | | 27 | 645 Owners Corp. | N/A | | | $200,000 | | 18.4% | 3.85x | 20.1% | | | | | | | $20,500,000 | 21.9% | 7.7% | 5 | 0 | 0 | -$9,830 |
Loan | | 28 | Glen Manor Apartments Corp. | N/A | | | $500,000 | | 32.9% | 4.65x | 23.9% | | | | | | | $14,700,000 | 23.8% | 0.0% | 0 | 0 | 0 | N/A |
Loan | | 29 | Extra Space Storage-San Jacinto | 4.0% | | | | | | | | | | | | | | | | | | | | |
Loan | | 30 | 277 Bronx River Road Owners, Inc. | N/A | | | $250,000 | | 19.6% | 7.72x | 35.0% | | | | | | | $20,100,000 | 14.9% | 12.9% | 11 | 0 | 0 | $24,302 |
Loan | | 31 | P.M.A. Corporation | N/A | | | $200,000 | | 22.3% | 4.22x | 28.8% | | | | | | | $15,700,000 | 19.1% | 1.3% | 1 | 0 | 0 | $7,053 |
Loan | | 32 | 14 Soundview Owners Corp. | N/A | | | $500,000 | | 19.4% | 4.78x | 26.7% | | | | | | | $15,900,000 | 17.0% | 0.0% | 0 | 0 | 0 | N/A |
Loan | | 33 | Roseville North Highlands Self Storage | 5.0% | | | | | | | | | | | | | | | | | | | | |
Loan | | 34 | 40 W. 22nd St. Tenants Cooperative Corp. | N/A | | | $250,000 | | 4.6% | 21.30x | 73.6% | | | | | | | $39,700,000 | 6.3% | 0.0% | 0 | 0 | 0 | N/A |
Loan | | 35 | 11 Bronx River Road Owners, Inc. | N/A | | | $250,000 | | 18.8% | 6.28x | 32.9% | | | | | | | $15,500,000 | 14.8% | 8.1% | 6 | 0 | 0 | $10,229 |
Loan | 9 | 36 | 225 Lincoln Apts Corp. a/k/a 225 Lincoln Apts. Corp. | N/A | | | $500,000 | | 6.4% | 9.36x | 45.9% | | | | | | | $22,100,000 | 9.5% | 5.9% | 3 | 0 | 0 | -$14,046 |
Loan | | 37 | Elizabeth Gardens Corp. | N/A | | | N/A | N/A | | | | | | | | | | $13,900,000 | 12.6% | 0.0% | 0 | 0 | 0 | N/A |
Loan | | 38 | Via Magna Corp. f/k/a CLXXXII Via Magna Corp. | N/A | | | $200,000 | | 8.6% | 6.28x | 33.2% | | | | | | | $11,450,000 | 13.7% | 0.0% | 0 | 0 | 0 | N/A |
Loan | | 39 | Roblinn Corp. | N/A | | | $500,000 | | 10.4% | 4.80x | 25.0% | | | | | | | $9,000,000 | 15.6% | 2.1% | 1 | 0 | 0 | NAV |
Loan | | 40 | 7520 Ridge Owners Corp. | N/A | | | $500,000 | | 15.8% | 5.56x | 27.2% | | | | | | | $8,000,000 | 13.8% | 23.3% | 10 | 0 | 0 | $85,440 |
| BANK 2020-BNK30 |
| Footnotes to Annex A-1 |
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(1) | MSBNA—Morgan Stanley Bank, N.A.; BANA—Bank of America, National Association; MSMCH—Morgan Stanley Mortgage Capital Holdings LLC; WFB—Wells Fargo Bank, National Association; NCB—National Cooperative Bank, N.A.; NCCB—National Consumer Cooperative Bank. |
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(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 single tenant properties or properties with tenants that (i) with respect to the largest 15 Mortgage Loans, are one of the largest 5 tenants at each related mortgaged property or portfolio of mortgaged properties or (ii) occupy 50% or more of the NRA, which, in each case, are not in occupancy or are in free rent periods. |
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(3) | The Administrative Fee Rate includes the Master Servicing Fee Rate, the Primary Servicing Fee Rate or, with respect to any non-serviced mortgage loan, the Pari Passu Loan Primary Servicing Fee Rate, the Trustee Fee Rate (which includes the fees payable to both the trustee and certificate administrator), the Operating Advisor Fee Rate, the Asset Representations Reviewer Fee Rate, and the CREFC Fee Rate, in each case applicable to the related mortgage loan. |
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(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 (i) the largest 15 Mortgage Loans or groups of cross-collateralized Mortgage Loans and the largest 5 tenants at each related mortgaged property or portfolio of mortgaged properties and (ii) mortgaged properties where any tenant occupies 50% or more of the NRA. |
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(5) | With respect to Mortgage Loan No. 1, 605 Third Avenue, Mortgage Loan No. 2, McClellan Park, Mortgage Loan No. 3, Miami Design District, Mortgage Loan No. 4, McDonald’s Global HQ, Mortgage Loan No. 5, Coleman Highline, Mortgage Loan No. 6, Grace Building, Mortgage Loan No. 7, 250 West 57th Street, Mortgage Loan No. 8, ExchangeRight Net Leased Portfolio #41, Mortgage Loan No. 9, Fresh Pond Cambridge, Mortgage Loan No. 11, The Arboretum, Mortgage Loan No. 14, 1890 Ranch and Mortgage Loan No. 17, 711 Fifth Avenue, each such Mortgage Loan is part of a whole loan related to the Issuing Entity. For further information, with respect to each serviced whole loan, see “Description of the Mortgage Pool—The Whole Loans—The Serviced Pari Passu Whole Loans,” “—The 605 Third Avenue Pari Passu-A/B Whole Loan”, “—The McDonald’s Global HQ Pari Passu-A/B Whole Loan”, and “Pooling and Servicing Agreement”, and with respect to each non-serviced whole loan, see “Description of the Mortgage Pool—The Whole Loans—The Non-Serviced Pari Passu Whole Loans”, “—Miami Design District Pari Passu-A/B Whole Loan” and “—Grace Building Pari Passu-A/B Whole Loan”, as applicable, and “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans” in this preliminary prospectus. |
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(6) | With respect to Mortgage Loan No. 8, ExchangeRight Net Leased Portfolio #41, Mortgage Loan No. 13, Walgreens Portfolio and Mortgage Loan No. 23, CVS Montgomery & Douglas Portfolio, each such Mortgage Loan is secured by multiple mortgaged 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/Units/Rooms/Pads 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 UW NCF, among other methods. |
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(7) | With respect to Mortgage Loan No. 2, McClellan Park, Mortgage Loan No. 5, Coleman Highline, Mortgage Loan No. 11, The Arboretum, Mortgage Loan No. 13, Walgreens Portfolio and Mortgage Loan No. 14, 1890 Ranch, the related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, or other release conditions, in connection with a partial defeasance or prepayment of the related mortgage loan. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and “—Releases; Partial Releases; Property Additions” in this preliminary prospectus. |
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(8) | With respect to Mortgage Loan No. 2, McClellan Park, Mortgage Loan No. 9, Fresh Pond Cambridge and Mortgage Loan No. 16, 80 Grand - CA, the related loan documents permit one or more outparcel or other releases without prepayment or defeasance. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases; Substitutions; Additions” in this preliminary prospectus. |
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(9) | With respect to Mortgage Loan No. 1, 605 Third Avenue, Mortgage Loan No. 6, Grace Building, Mortgage Loan No. 11, The Arboretum, Mortgage Loan No. 17, 711 Fifth Avenue, Loan No. 20, Oakwood Village and Mortgage Loan No. 36, 225 Lincoln Apts Corp. a/k/a 225 Lincoln Apts. Corp., 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. |
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(10) | With respect to Mortgage Loan No. 5, Coleman Highline, the Appraised Value assumes the sole tenant (357,106 square feet), representing 100.0% of net rentable square feet, is in occupancy of its entire space and paying full, unabated rent. The sole tenant has taken possession of Building 1 (162,557 square feet), will commence paying full, unabated rent in January 2021 and is completing its buildout throughout 2021. The sole tenant is in occupancy and paying full, unabated rent of in Building 2 (194,549 square feet). A reserve was taken for all outstanding tenant improvement allowances, which must be used by December 2021. The appraised value assuming buildout of Building 1 is not completed is $275,700,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $275,700,000 appraised value is 60.8%. |
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| With respect to Mortgage Loan No. 7, 250 West 57th Street, the borrowers have informed the lender that they have applied for an Industrial and Commercial Abatement Program (“ICAP”) tax abatement, which has not yet been received. The borrower has |
| represented that it has complied with all of the statutory requirements of the ICAP program, other than providing proof to the Department of Finance of the City of New York that all of the outstanding violations against the Mortgaged Property set forth in the final loan documents have been cleared and removed of record. The borrower anticipates submitting the evidence of clearing and removing of record the outstanding violations to the Department of Finance on or about November 1, 2021. In the event that the borrower fails to clear each of the existing violations from the public record, the borrower is required under the loan documents to deposit $18,200,000, which is required to be held as additional collateral for the Mortgage Loan for the remaining term. The Appraised Value assumes that the ICAP is in place and has a net present value of $11,000,000. If such net present value of $11,000,000 was excluded from the Appraised Value of $330,000,000, the Cut-off Date LTV Ratio and LTV Ratio at Maturity would be 56.4%. There can be no assurance of what the actual Appraised Value would be if the ICAP abatement is not obtained. Approximately $2,178,570 of ICAP benefits was underwritten. Excluding such ICAP benefits, the UW NCF DSCR would be 3.16x, and the UW NOI Debt Yield would be 10.1% and the UW NOI Debt Yield at Maturity would be 10.1%. |
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| With respect to Mortgage Loan No. 12, Hilton Garden Inn Salt Lake City Airport, the Appraised Value includes the assumption that the property improvement plan (“PIP”) is completed in January 2021. A reserve for the outstanding PIP work was taken at closing. The appraised value assuming the PIP is not completed is $32,300,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $32,300,000 appraised value are 71.7% and 61.6%, respectively. |
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| With respect to Mortgage Loan No. 17, 711 Fifth Avenue, the Appraised Value assumes that the Whole Loan sponsors have invested approximately $13.5 million in renovation costs for upgrades to the office lobby entrance, building mechanical systems, elevator cabs and general base building work for the vacant office space within the Mortgaged Property. |
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(11) | With respect to Mortgage Loan No. 2, McClellan Park, the # of Units includes 4,193,496 square feet of warehouse and manufacturing, 1,728,393 square feet of office, research and commercial, 843,221 square feet of airfield, 157,254 square feet of multifamily and 3,120 square feet of yard space. |
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(12) | With respect to Mortgage Loan No. 4, McDonald’s Global HQ, the Original Amortization Term (mos.) and Remaining Amortization Term (mos.) is shown for the McDonald’s Global HQ Whole Loan. The McDonald’s Global HQ Senior Loan amortizes in 186 months. |
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(13) | With respect to Mortgage Loan No. 5, Coleman Highline, the mortgage loan is structured with an Anticipated Repayment Date (“ARD”) and will be interest-only prior to the ARD. From and after the ARD, the Coleman Highline Whole Loan will accrue additional interest at an interest rate equal to the initial interest rate plus 2.000% per annum (“Rate Increase”). From and after the ARD, interest payments will continue to be made as provided prior to the ARD, with amounts accrued with respect to the Rate Increase being deferred and paid on the maturity date, if not paid sooner by the Coleman Highline borrower. The ARD automatically triggers a cash sweep period, as defined in the loan docuemnts, whereby all excess cash flow, after payments of debt service on the Coleman Highline Whole Loan, required deposits to escrows and reserves, and budgeted operating expenses, is required to be used to first pay down the principal balance of the Coleman Highline Whole Loan and thereafter, repay the accrued interest. |
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(14) | With respect to Mortgage Loan No. 8, ExchangeRight Net Leased Portfolio #41, the ongoing monthly insurance payments of $220 for NFIP premiums are in place for Walmart Neighborhood Market - Mobile, AL and Dollar Tree - Brown Deer, WI. Additional monthly deposits for insurance are suspended for all properties in the ExchangeRight Net Leased Portfolio #41 as long as (i) no event of default has occurred and is continuing and (ii) either (x) the ExchangeRight Net Leased Portfolio #41 is covered under a blanket policy acceptable to the lender or (y) (1) the ExchangeRight Net Leased Portfolio #41 borrower delivers evidence to the lender of payment by the borrower or tenant, (2) the lease(s) with the applicable tenant(s) shall be and continue in full force and effect and (3) there is no material adverse change with respect to the tenant’s ability to make timely payment. |
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(15) | With respect to Mortgage Loan No. 10, York Marketplace, a portion of the second largest tenant’s space is subject to a ground lease with a purchase option. A letter of credit equal to the purchase option amount was obtained at closing and the mortgage loan documents obligate the borrower to exercise such purchase option. |
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(16) | With respect to Mortgage Loan No. 11, The Arboretum, the monthly TI/LC reserve escrow adjusts to $57,907.50 in November 2021 and $46,326.00 in November 2022. |
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(17) | With respect to Mortgage Loan No. 11, The Arboretum, the third largest tenant, Regal Entertainment Group/Cinebarre (36,000 square feet), representing 6.5% of net rentable square feet, is now dark and as of November 10, 2020, has not made its November rent payment. Income from the third largest tenant was excluded from UW Revenues. |
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(18) | With respect to the, Mortgage Loan No. 12, Hilton Garden Inn Salt Lake City Airport Mortgage Loan, occupancy as of October 2020 is 45.4%, which is less than underwritten occupancy of 78.4%. A Debt Service Reserve of $455,000 was funded post-loan closing. |
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(19) | With respect to Mortgage Loan No. 14, 1890 Ranch, the Outstanding TI/LC Reserve of $2,133,845.00 and the Gap Rent Reserve of $510,161.91 were funded at origination and are included in the initial other escrow amount. The Gap Rent reserve has been completely released and the Outstanding TI/LC Reserve has a balance of approximately $278,447.66. The Debt Service Reserve of $417,068.25 was funded at the end of the forbearance period (as described in “Description of the Mortgage Pool—COVID 19 Considerations”), and is included in the initial other escrow amount. Current other escrow balance includes the Debt Service Reserve and Outstanding TI/LC Reserve. |
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(20) | With respect to Mortgage Loan No. 17, 711 Fifth Avenue, the third largest tenant, Ralph Lauren, Retail Inc., representing approximately 11.4% of the net rentable area, has been dark since April 2017 for the majority of its space. Ralph Lauren, Retail Inc. continues to operate the Polo Bar restaurant (7,436 SF of the total Ralph Lauren 38,638 SF) at this location and continues to be obligated to pay rent for its entire leased space. |
A. | Yield Maintenance Amount shall mean the present value, as of the Repayment Date, of the remaining scheduled payments of interest from the Repayment Date through the Open Prepayment Date determined by discounting such payments at the Discount Rate. “Open Prepayment Date” shall mean June 5, 2030. “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the lesser of (i) the Treasury Rate and (ii) the Swap Rate, each when compounded semi-annually. “Treasury Rate” shall mean the yield the date that is five (5) Business Days prior to the date 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 period 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.) “Swap Rate” shall mean the yield calculated by the linear interpolation of mid-market swap yields, as reported on Reuters Capital Markets screen 19901 (SEMI-BOND column), with maturities (one longer and one shorter) most nearly approximating the Stated Maturity Date (in the event Reuters Capital Markets screen 19901 is no longer available, Lender shall select a comparable publication to determine such yield). |
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B. | “Yield Maintenance Premium” shall mean an amount equal to (a) the amount, if any, by which the sum of the present values as of the prepayment date of all unpaid principal and interest payments required hereunder, calculated by discounting such payments from the respective dates each such payment was due hereunder (or, with respect to the payment required on the Open Period Start Date (assuming the outstanding principal balance of the Loan is due on the Open Period Start Date), from the Open Period Start Date) back to the prepayment date at a discount rate equal to the Periodic Treasury Yield (defined below) exceeds the outstanding principal balance of the Loan as of the prepayment date, multiplied by (b) a fraction whose numerator is the amount prepaid and whose denominator is the outstanding principal balance of the Loan as of the prepayment date. For purposes of the foregoing, “Periodic Treasury Yield” shall mean (i) the annual yield to maturity of the actively traded non-callable United States Treasury fixed interest rate security (other than any such security which can be surrendered at the option of the holder at face value in payment of federal estate tax or which was issued at a substantial discount) that has a maturity closest to (whether before, on or after) the Open Period Start Date (or if two or more such securities have maturity dates equally close to the Open Period Start Date, the average annual yield to maturity of all such securities), as reported in The Wall Street Journal or other authoritative publication or news retrieval service on the fifth (5th) Business Day preceding the prepayment date, divided by (ii) 12. Lender’s calculation of the Yield Maintenance Premium, and all component calculations, shall be conclusive and binding on Borrower absent manifest error. |
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C. | “Yield Maintenance Premium” shall mean an amount equal to the greater of (a) one-half of one percent (0.50%) of the outstanding principal of the Note 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 in respect of the principal amount being prepaid under the applicable Note 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 semiannually 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, provided, with respect to any prepayment of any portion of the Loan that is subject to a rated Securitization and which is made after the Payment Date in April, 2030, but prior to the Permitted Par Prepayment Date, the Yield Maintenance Premium shall be zero. “Permitted Par Prepayment Date” shall mean the Payment Date which is six (6) months prior to the Anticipated Repayment Date. “Anticipated Repayment Date” shall mean November 6, 2030.
“Prepayment Rate” shall mean the bond equivalent yield (in the secondary market) on the United States Treasury Security that as of the Prepayment Rate Determination Date has a remaining term to maturity equal to the remaining term to the Anticipated Repayment Date as most recently published in “Statistical Release H.15 (519), Selected Interest Rates,” or any successor publication, published by the Board of Governors of the Federal Reserve System, or on the basis of such other publication or statistical guide as Lender may reasonably select. If there is no United States Treasury Security with a yield equal to the remaining term to the Anticipated Repayment Date, the Prepayment Rate will be calculated by taking the linear interpolation of the yields with maturity dates (one longer and one shorter) most nearly approximating the remaining term to the Anticipated Repayment Date.
“Prepayment Rate Determination Date” shall mean the date which is five (5) Business Days prior to the date that such prepayment shall be applied in accordance with the terms and provisions of Section 2.4.1 hereof. |
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D. | “Prepayment Premium” shall mean, with respect to any prepayment of the Loan made prior to the Open Prepayment Date, an amount equal to the greater of (i) the Yield Maintenance Amount, or (ii) 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 Open Prepayment Date (and including the balloon payment due on the Maturity Date as if such balloon payment was due on the Open Prepayment Date) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid on the Prepayment Date. |
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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. |
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F. | “Yield Maintenance Premium” is equal to the greater of: (A) One percent (1%) of the amount of principal being prepaid; or (B) The product obtained by multiplying: (1) the amount of principal being prepaid, by (2) the difference obtained by subtracting from the Interest Rate on this Note the Yield Rate (as defined below), on the twenty-fifth Business Day preceding (x) the Noticed Prepayment Date, or (y) the date Payee accelerates the indebtedness evidenced by this Note or, except with respect to a Casualty Prepayment (as to which no Prepayment Premium will be payable), otherwise accepts a prepayment by reason of Payee’s application of any collateral or other security to the repayment of any portion of the unpaid principal balance of this Note prior to the Maturity Date and in the absence of acceleration, by (3) the present value factor calculated using the following formula: (1 - (1 + r)^(-n/12)) / r r = Yield Rate n = the number of months remaining between (1) either of the following: (x) in the case of a voluntary prepayment, the last day of the month during which the prepayment is made, or (y) in any other case, the date on which Payee accelerates the unpaid principal balance of this Note and (2) the Yield Maintenance Period End Date. As used herein, the “Yield Rate” means the yield calculated by interpolating the yields for the immediately shorter and longer term U.S. “Treasury constant maturities” (as reported in the Federal Reserve Statistical Release H.15 Selected Interest Rates (the “Fed Release”) under the heading “U.S. government securities”) closest to the remaining term of the Yield Maintenance Period Term, as follows (rounded to three decimal places): (((a-b) / (x-y)) x (z-y)) + b a = the yield for the longer U.S. Treasury constant maturity b = the yield for the shorter U.S. Treasury constant maturity x = the term of the longer U.S. Treasury constant maturity y = the term of the shorter U.S. Treasury constant maturity z = “n” (as defined in the present value factor calculation above) divided by 12. Notwithstanding any provision to the contrary, if “z” equals a term reported under the U.S. “Treasury constant maturities” subheading in the Fed Release, the yield for such term will be used, and interpolation will not be necessary. If publication of the Fed Release is discontinued by the Federal Reserve Board, Payee will determine the Yield Rate from another source selected by Payee. Any determination of the Yield Rate by Payee will be binding absent manifest error. |
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G. | “Yield Maintenance” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Loan being prepaid, and (ii) the present value as of the Prepayment Calculation Date of a series of monthly payments over the remaining term of the Loan through and including the Maturity Date each equal to the amount of interest which would be due on the principal amount of the Loan being prepaid assuming a per annum interest rate equal to the excess of the Interest Rate over the Reinvestment Yield, and discounted at the Reinvestment Yield. As used herein, “Reinvestment Yield” means the yield calculated 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” and the sub-heading “Treasury constant maturities” for the week ending prior to the date of prepayment, of the U.S. Treasury constant maturities with maturity dates (one longer and one equal to or shorter) most nearly approximating the Maturity Date, and converted to a monthly compounded nominal yield. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Reinvestment Yield. The “Prepayment Calculation Date” shall mean, as applicable, the Payment Date on which Lender applies any prepayment to the reduction of the outstanding principal amount of the Note. Lender’s calculation of Yield Maintenance shall be conclusive and binding absent manifest error. |