FREE WRITING PROSPECTUS | ||
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REGISTRATION FILE NO.: 333-259741-04 |
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Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | % of Initial Pool Balance | % of Loan Balance | Mortgage Loan Originator(1) | Mortgage Loan Seller(1) | Related Group | Crossed Group | Address | City | County | State | Zip Code | General Property Type | Detailed Property Type |
1 | Loan | 5 | 1 | Concord Mills | 9.7% | 100.0% | BANA | BANA | Group 1 | NAP | 8201 Concord Mills Boulevard | Concord | Cabarrus | NC | 28027 | Retail | Super Regional Mall |
2 | Loan | 5 12, A | 1 | Constitution Center | 5.8% | 100.0% | MSMCH/MSBNA | MSMCH | NAP | NAP | 400 7th Street Southwest | Washington | District of Columbia | DC | 20024 | Office | CBD |
3 | Loan | 5, 13 | 1 | Millennium Boston Retail | 5.8% | 100.0% | MSBNA | MSMCH | NAP | NAP | 175 Tremont Street | Boston | Suffolk | MA | 02111 | Retail | Anchored |
4 | Loan | 14 | 1 | 10 Java Street | 4.9% | 100.0% | MSBNA | MSMCH | NAP | NAP | 10 Java Street | Brooklyn | Kings | NY | 11222 | Industrial | Special Purpose |
5 | Loan | 15, 16, 17, B | 1 | Crossways Shopping Center | 4.8% | 100.0% | MSBNA | MSMCH | NAP | NAP | 1412 Greenbrier Parkway | Chesapeake | Chesapeake city | VA | 23320 | Retail | Anchored |
6 | Loan | 1 | Allendale Corporate Center | 4.3% | 100.0% | MSBNA | MSMCH | NAP | NAP | 25, 50, 80, & 110 Commerce Drive and 40 & 90 Boroline Road | Allendale | Bergen | NJ | 07401 | Industrial | Flex | |
7 | Loan | 1 | Colonial Commons | 4.3% | 100.0% | MSBNA | MSMCH | NAP | NAP | 5070-5118 Jonestown Road | Harrisburg | Dauphin | PA | 17112 | Retail | Anchored | |
8 | Loan | 5, 8, C | 1 | Pacific View | 4.1% | 100.0% | CFI | MSMCH | NAP | NAP | 3301 East Main Street | Ventura | Ventura | CA | 93003 | Retail | Regional Mall |
9 | Loan | 5, 18 | 1 | One Campus Martius | 4.0% | 100.0% | MSBNA | MSMCH | NAP | NAP | 1000 Woodward Avenue | Detroit | Wayne | MI | 48226 | Office | CBD |
10 | Loan | 19 | 1 | Sabre Headquarters | 3.9% | 100.0% | WFB | WFB | NAP | NAP | 3150 Sabre Drive | Southlake | Tarrant | TX | 76092 | Office | Suburban |
11 | Loan | D | 1 | Potomac Festival I | 3.9% | 100.0% | WFB | WFB | NAP | NAP | 14651 Potomac Mills Road | Woodbridge | Prince William | VA | 22192 | Retail | Anchored |
12 | Loan | 5, 8 | 1 | Tanger Outlets Columbus | 3.8% | 100.0% | WFB | WFB | Group 1 | NAP | 400 South Wilson Road | Sunbury | Delaware | OH | 43074 | Retail | Outlet |
13 | Loan | 5 | 1 | High Street | 3.7% | 100.0% | WFB | WFB | NAP | NAP | 5310-5455 High Street | Phoenix | Maricopa | AZ | 85054 | Mixed Use | Office/Retail/Multifamily |
14 | Loan | 6, 7 | 15 | ExchangeRight 59 | 3.5% | WFB | WFB | NAP | NAP | Various | Various | Various | Various | Various | Various | Various | |
14.01 | Property | 1 | Mariano’s - Northbrook (Capital), IL | 1.7% | 49.2% | 2323 Capital Drive | Northbrook | Cook | IL | 60062 | Retail | Single Tenant | |||||
14.02 | Property | 1 | Walgreens - Durham (Holloway), NC | 0.3% | 7.8% | 1812 Holloway Street | Durham | Durham | NC | 27703 | Retail | Single Tenant | |||||
14.03 | Property | 1 | CVS Pharmacy- Robinson (Steubenville), PA | 0.3% | 7.5% | 5703 Steubenville Pike | Robinson | Allegheny | PA | 15136 | Retail | Single Tenant | |||||
14.04 | Property | 1 | Walgreens - Eagle Pass ( Main), TX | 0.2% | 6.2% | 2341 Main Street | Eagle Pass | Maverick | TX | 78852 | Retail | Single Tenant | |||||
14.05 | Property | 1 | CVS - Greenville (Main), OH | 0.2% | 4.9% | 1009 East Main Street | Greenville | Darke | OH | 45331 | Retail | Single Tenant | |||||
14.06 | Property | 1 | Tractor Supply Company - Carrollton (Park), GA | 0.2% | 4.5% | 912 South Park Street | Carrollton | Carroll | GA | 30117 | Retail | Single Tenant | |||||
14.07 | Property | 1 | Fresenius - Dover (6th), NH | 0.1% | 3.5% | 343 Sixth Street | Dover | Strafford | NH | 03820 | Office | Medical | |||||
14.08 | Property | 1 | Dollar Tree - Forest Park (Roosevelt), IL | 0.1% | 2.5% | 7709 Roosevelt Road | Forest Park | Cook | IL | 60130 | Retail | Single Tenant | |||||
14.09 | Property | 1 | Dollar Tree - El Paso (Yarbrough), TX | 0.1% | 2.5% | 401 South Yarbrough Drive | El Paso | El Paso | TX | 79915 | Retail | Single Tenant | |||||
14.10 | Property | 1 | Dollar Tree - Owensboro (Parrish), KY | 0.1% | 2.3% | 1761 West Parrish Avenue | Owensboro | Daviess | KY | 42301 | Retail | Single Tenant | |||||
14.11 | Property | 1 | Dollar General- Denham Springs (Lockhart), LA | 0.1% | 1.9% | 9545 Lockhart Road | Denham Springs | Livingston Parish | LA | 70726 | Retail | Single Tenant | |||||
14.12 | Property | 1 | Dollar General - Gary (Ridge), IN | 0.1% | 1.9% | 5555 West Ridge Road | Gary | Lake | IN | 46408 | Retail | Single Tenant | |||||
14.13 | Property | 1 | Dollar General - Baltimore (Greenmount), MD | 0.1% | 1.9% | 3133 Greenmount Avenue | Baltimore | Baltimore | MD | 21218 | Retail | Single Tenant | |||||
14.14 | Property | 1 | Dollar General - Addis (6th), LA | 0.1% | 1.7% | 7858 6th Street | Addis | West Baton Rouge Parish | LA | 70710 | Retail | Single Tenant | |||||
14.15 | Property | 1 | Dollar General - Richmond (H), IN | 0.1% | 1.7% | 1001 North H Street | Richmond | Wayne | IN | 47374 | Retail | Single Tenant | |||||
15 | Loan | 6, 20 | 3 | Traverse City Hotel Portfolio | 2.3% | BANA | BANA | NAP | NAP | Various | Traverse City | Grand Traverse | MI | 49686 | Hospitality | Limited Service | |
15.01 | Property | 1 | Cambria | 1.1% | 48.9% | 255 Munson Avenue | Traverse City | Grand Traverse | MI | 49686 | Hospitality | Limited Service | |||||
15.02 | Property | 1 | Comfort Inn | 0.6% | 27.9% | 460 Munson Avenue | Traverse City | Grand Traverse | MI | 49686 | Hospitality | Limited Service | |||||
15.03 | Property | 1 | Best Western Plus | 0.5% | 23.2% | 305 Munson Avenue | Traverse City | Grand Traverse | MI | 49686 | Hospitality | Limited Service | |||||
16 | Loan | 1 | Inn at 500 Capitol – Boise, ID | 2.0% | 100.0% | BANA | BANA | NAP | NAP | 500 South Capitol Boulevard | Boise | Ada | ID | 83702 | Hospitality | Full Service | |
17 | Loan | E | 1 | 2470 2490 Paseo Verde Pkwy | 2.0% | 100.0% | MSBNA | MSMCH | NAP | NAP | 2470-2490 Paseo Verde Parkway | Henderson | Clark | NV | 89074 | Office | Suburban |
18 | Loan | 1 | Hyatt Place – Anchorage, AK | 1.9% | 100.0% | BANA | BANA | NAP | NAP | 101 East Tudor Road | Anchorage | Anchorage Borough | AK | 99503 | Hospitality | Limited Service | |
19 | Loan | 1 | Gateway I Office | 1.9% | 100.0% | WFB | WFB | NAP | NAP | 303 H Street | Chula Vista | San Diego | CA | 91910 | Office | Urban | |
20 | Loan | 6 | 3 | Johnson County Office Portfolio | 1.8% | MSBNA | MSMCH | NAP | NAP | Various | Various | Johnson | KS | Various | Office | Suburban | |
20.01 | Property | 1 | 8725-8735 Rosehill Road | 0.8% | 42.8% | 8725 & 8735 Rosehill Road | Lenexa | Johnson | KS | 66215 | Office | Suburban | |||||
20.02 | Property | 1 | 8700 State Line Road | 0.7% | 36.2% | 8700 State Line Road | Leawood | Johnson | KS | 66206 | Office | Suburban | |||||
20.03 | Property | 1 | 14425 College Blvd | 0.4% | 21.0% | 14425 College Boulevard | Lenexa | Johnson | KS | 66215 | Office | Suburban | |||||
21 | Loan | 1 | 535 Springfield Ave | 1.8% | 100.0% | MSBNA | MSMCH | NAP | NAP | 535 Springfield Avenue | Summit | Union | NJ | 07901 | Office | Suburban | |
22 | Loan | 1 | Rooney Ranch | 1.8% | 100.0% | WFB | WFB | NAP | NAP | 10509, 10515, 10525, 10571, 10575, 10595, 10625, 10645, & 10656 North Oracle Road | Oro Valley | Pima | AZ | 85737 | Retail | Anchored | |
23 | Loan | 1 | Hampton Inn & Suites – Santa Ynez Valley, Buellton, CA | 1.6% | 100.0% | BANA | BANA | NAP | NAP | 600 McMurray Road | Buellton | Santa Barbara | CA | 93427 | Hospitality | Limited Service | |
24 | Loan | 1 | US Storage Center – Montrose, CA | 1.6% | 100.0% | BANA | BANA | NAP | NAP | 3708 Clifton Place | Montrose | Los Angeles | CA | 91020 | Self Storage | Self Storage | |
25 | Loan | 21, 22 | 1 | 312 Broadway | 1.6% | 100.0% | MSBNA | MSMCH | NAP | NAP | 312 Broadway | Brooklyn | Kings | NY | 11211 | Mixed Use | Multifamily/Retail |
26 | Loan | 23 | 1 | Del Ray II MHP | 1.3% | 100.0% | WFB | WFB | NAP | NAP | 5600 Mt. Solo Road | Longview | Cowlitz | WA | 98632 | Manufactured Housing | Manufactured Housing |
27 | Loan | F | 1 | Old Barn Self Storage | 1.2% | 100.0% | WFB | WFB | NAP | NAP | 175 Spring Hill Drive | Grass Valley | Nevada | CA | 95945 | Self Storage | Self Storage |
28 | Loan | 24, G | 1 | Mountain Shadows MHC | 1.1% | 100.0% | BANA | BANA | NAP | NAP | 13275 South Minuteman Drive | Draper | Salt Lake | UT | 84020 | Manufactured Housing | Manufactured Housing |
29 | Loan | 1 | Lonestar Pavilion | 1.0% | 100.0% | MSBNA | MSMCH | NAP | NAP | 711-805 Texas Avenue South | College Station | Brazos | TX | 77840 | Retail | Anchored | |
30 | Loan | 25 | 1 | 54 West 47th St | 0.9% | 100.0% | MSBNA | MSMCH | NAP | NAP | 54 West 47th Street | New York | New York | NY | 10036 | Mixed Use | Office/Retail |
31 | Loan | 9, 10, 11, H | 1 | Harway Terrace, Inc. | 0.8% | 100.0% | NCCB | NCB | NAP | NAP | 2475 & 2483 West 16th Street | Brooklyn | Kings | NY | 11214 | Multifamily | Cooperative |
32 | Loan | 6, 26 | 2 | National Self Storage - ELP | 0.7% | WFB | WFB | NAP | NAP | Various | Various | El Paso | TX | Various | Self Storage | Self Storage | |
32.01 | Property | 1 | National Self Storage - ELP6 | 0.4% | 58.2% | 3070 Joe Battle Boulevard | El Paso | El Paso | TX | 79938 | Self Storage | Self Storage | |||||
32.02 | Property | 1 | National Self Storage - ELP5 | 0.3% | 41.8% | 490 North Kenazo Avenue | Horizon City | El Paso | TX | 79928 | Self Storage | Self Storage | |||||
33 | Loan | 1 | 30 East Santa Clara | 0.7% | 100.0% | WFB | WFB | NAP | NAP | 30 East Santa Clara Street | San Jose | Santa Clara | CA | 95113 | Mixed Use | Office/Retail | |
34 | Loan | 9, 10, 11, H | 1 | 230 Garth Road Owners, Inc. | 0.7% | 100.0% | NCCB | NCB | NAP | NAP | 230, 240, 250 and 260 Garth Road | Scarsdale | Westchester | NY | 10583 | Multifamily | Cooperative |
35 | Loan | 9, 10, 11, H | 1 | 1523 Central Park Avenue Owners, Inc. | 0.7% | 100.0% | NCCB | NCB | NAP | NAP | 1523 Central Park Avenue | Yonkers | Westchester | NY | 10710 | Multifamily | Cooperative |
36 | Loan | 1 | Carlton Building | 0.5% | 100.0% | MSBNA | MSMCH | NAP | NAP | 1552 Commerce Street | Tacoma | Pierce | WA | 98402 | Office | CBD | |
37 | Loan | 9, 10, 11, H | 1 | 185 Marine Ave. Tenants Corp. | 0.3% | 100.0% | NCCB | NCB | NAP | NAP | 185 Marine Avenue | Brooklyn | Queens | NY | 11209 | Multifamily | Cooperative |
38 | Loan | 27 | 1 | Willmott Self Storage | 0.3% | 100.0% | WFB | WFB | NAP | NAP | 220 West Willmott Avenue | Los Banos | Merced | CA | 93635 | Self Storage | Self Storage |
39 | Loan | 9, 10, 11, H | 1 | 296 Sterling Arms Owners Corp. | 0.3% | 100.0% | NCCB | NCB | NAP | NAP | 296 Sterling Place | Brooklyn | Kings | NY | 11238 | Multifamily | Cooperative |
40 | Loan | 9, 10, 11, H | 1 | Capitol House Tenants Corp. | 0.3% | 100.0% | NCCB | NCB | NAP | NAP | 490 Atlantic Avenue | East Rockaway | Nassau | NY | 11518 | Multifamily | Cooperative |
41 | Loan | 9, 10, 11, H | 1 | Clifton & Classon Apt. Corp. | 0.3% | 100.0% | NCCB | NCB | NAP | NAP | 110 Clifton Place | Brooklyn | Kings | NY | 11238 | Multifamily | Cooperative |
42 | Loan | 9, 10, 11, H | 1 | 95 Park Terrace East Owners, Inc. | 0.2% | 100.0% | NCCB | NCB | NAP | NAP | 95 Park Terrace East | New York | New York | NY | 10037 | Multifamily | Cooperative |
43 | Loan | 9, 10, 11, H | 1 | 132 East 19th Street, Inc. | 0.2% | 100.0% | NCCB | NCB | NAP | NAP | 132 East 19th Street | New York | New York | NY | 10003 | Multifamily | Cooperative |
44 | Loan | 9, 10, 11, H | 1 | 31-14 Owners Corp. | 0.2% | 100.0% | NCCB | NCB | NAP | NAP | 31-14/31-18 Crescent Street a/k/a 31-14 Crescent Street | Astoria | Queens | NY | 11106 | Multifamily | Cooperative |
45 | Loan | 9, 10, 11, H | 1 | Fountain Gardens Owners Corp. | 0.2% | 100.0% | NCCB | NCB | NAP | NAP | 4499 Henry Hudson Parkway | Bronx | Bronx | NY | 10471 | Multifamily | Cooperative |
46 | Loan | 9, 11, H | 1 | Advance Homes Association, Inc. | 0.2% | 100.0% | NCCB | NCB | NAP | NAP | 848-856 43rd Street | Brooklyn | Kings | NY | 11232 | Multifamily | Cooperative |
47 | Loan | 9, 10, 11, H | 1 | 36 West 35th Apartment Corp. | 0.1% | 100.0% | NCCB | NCB | NAP | NAP | 36 West 35th Street | New York | New York | NY | 10001 | Multifamily | Cooperative |
48 | Loan | 9, 10, 11, H | 1 | Bryna Court Owners Corp. | 0.1% | 100.0% | NCCB | NCB | NAP | NAP | 195 Prospect Park West | Brooklyn | Kings | NY | 11215 | Multifamily | Cooperative |
49 | Loan | 9, 10, 11, H | 1 | 326-328 East 73rd Street Residents, Inc. | 0.1% | 100.0% | NCCB | NCB | NAP | NAP | 326-328 East 73rd Street | New York | New York | NY | 10021 | Multifamily | Cooperative |
50 | Loan | 9, 10, 11, H | 1 | 463 Summit Avenue Owners’, Inc. | 0.1% | 100.0% | NCCB | NCB | NAP | NAP | 463 Summit Avenue | Cedarhurst | Nassau | NY | 11516 | Multifamily | Cooperative |
51 | Loan | 9, 11, H | 1 | Cedar Pond Owners, Inc. | 0.1% | 100.0% | NCCB | NCB | NAP | NAP | 3896 Old Crompond Road | Cortlandt Manor | Westchester | NY | 10567 | Multifamily | Cooperative |
52 | Loan | 9, 10, 11, H | 1 | 33 Bleecker Street Corp. | 0.1% | 100.0% | NCCB | NCB | NAP | NAP | 33 Bleecker Street | New York | New York | NY | 10012 | Multifamily | Cooperative |
53 | Loan | 9, 10, 11, H | 1 | 148 East 84th Street Owners Corp. | 0.1% | 100.0% | NCB | NCB | NAP | NAP | 148 East 84th Street | New York | New York | NY | 10028 | Multifamily | Cooperative |
54 | Loan | 9, 11, H | 1 | 96 Perry Street Corp. | 0.1% | 100.0% | NCB | NCB | NAP | NAP | 96 Perry Street | New York | New York | NY | 10014 | Multifamily | Cooperative |
55 | Loan | 9, 11, H | 1 | 418 St. Johns Place Owners Corp. | 0.1% | 100.0% | NCB | NCB | NAP | NAP | 418 St. Johns Place | Brooklyn | Kings | NY | 11238 | Multifamily | Cooperative |
56 | Loan | 9, 10, 11, H | 1 | 234 West 16th Street Owners Corp. | 0.1% | 100.0% | NCCB | NCB | NAP | NAP | 234 West 16th Street | New York | New York | NY | 10011 | Multifamily | Cooperative |
A-1-1
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Year Built | Year Renovated | Number of Units | Unit of Measure | Loan Per Unit ($) | Original Balance ($) | Cut-off Date Balance ($) | Maturity/ARD Balance ($) | Interest Rate % | Administrative Fee Rate %(3) | Net Mortgage Rate % | Monthly Debt Service (P&I) ($) | Monthly Debt Service (IO) ($) | Annual Debt Service (P&I) ($) | Annual Debt Service (IO) ($) | Amortization Type |
1 | Loan | 5 | 1 | Concord Mills | 1999 | 2016-2021 | 1,318,651 | SF | 178.21 | 100,000,000 | 100,000,000 | 86,296,586 | 6.54800% | 0.01451% | 6.53349% | 635,228.05 | NAP | 7,622,736.60 | NAP | Amortizing Balloon |
2 | Loan | 5 12, A | 1 | Constitution Center | 1968 | 2010 | 1,410,049 | SF | 282.26 | 60,000,000 | 60,000,000 | 60,000,000 | 3.04940% | 0.01451% | 3.03489% | NAP | 154,587.64 | NAP | 1,855,051.68 | Interest Only |
3 | Loan | 5, 13 | 1 | Millennium Boston Retail | 2001 | NAP | 272,652 | SF | 329.84 | 60,000,000 | 59,954,991 | 51,538,097 | 6.37000% | 0.01451% | 6.35549% | 374,125.75 | NAP | 4,489,509.00 | NAP | Amortizing Balloon |
4 | Loan | 14 | 1 | 10 Java Street | 1956; 2006 | 2013 | 106,440 | SF | 469.75 | 50,000,000 | 50,000,000 | 50,000,000 | 5.56000% | 0.01451% | 5.54549% | NAP | 234,884.26 | NAP | 2,818,611.12 | Interest Only |
5 | Loan | 15, 16, 17, B | 1 | Crossways Shopping Center | 1990 | NAP | 355,669 | SF | 139.17 | 49,500,000 | 49,500,000 | 46,037,358 | 5.47000% | 0.01451% | 5.45549% | 280,124.55 | 228,771.35 | 3,361,494.60 | 2,745,256.20 | Interest Only, Amortizing Balloon |
6 | Loan | 1 | Allendale Corporate Center | 1989-2000 | NAP | 377,748 | SF | 116.48 | 44,000,000 | 44,000,000 | 44,000,000 | 6.01000% | 0.01451% | 5.99549% | NAP | 223,427.31 | NAP | 2,681,127.72 | Interest Only | |
7 | Loan | 1 | Colonial Commons | 1991 | 2014 | 410,432 | SF | 107.20 | 44,000,000 | 44,000,000 | 44,000,000 | 5.85000% | 0.01451% | 5.83549% | NAP | 217,479.17 | NAP | 2,609,750.04 | Interest Only | |
8 | Loan | 5, 8, C | 1 | Pacific View | 1964 | 2000 | 577,762 | SF | 124.62 | 42,000,000 | 42,000,000 | 36,678,077 | 5.29000% | 0.01451% | 5.27549% | 232,967.20 | 187,721.53 | 2,795,606.40 | 2,252,658.36 | Interest Only, Amortizing Balloon |
9 | Loan | 5, 18 | 1 | One Campus Martius | 2003 | 2019-2020 | 1,356,325 | SF | 160.73 | 41,000,000 | 41,000,000 | 41,000,000 | 6.02000% | 0.06201% | 5.95799% | NAP | 208,540.05 | NAP | 2,502,480.60 | Interest Only |
10 | Loan | 19 | 1 | Sabre Headquarters | 2001 | 2021 | 265,942 | SF | 150.41 | 40,000,000 | 40,000,000 | 40,000,000 | 7.12000% | 0.01451% | 7.10549% | NAP | 240,629.63 | NAP | 2,887,555.56 | Interest Only |
11 | Loan | D | 1 | Potomac Festival I | 1990 | NAP | 249,445 | SF | 160.36 | 40,000,000 | 40,000,000 | 40,000,000 | 5.31600% | 0.01451% | 5.30149% | NAP | 179,661.11 | NAP | 2,155,933.32 | Interest Only |
12 | Loan | 5, 8 | 1 | Tanger Outlets Columbus | 2016 | NAP | 355,245 | SF | 199.86 | 39,050,000 | 39,050,000 | 39,050,000 | 6.25150% | 0.01451% | 6.23699% | NAP | 206,259.70 | NAP | 2,475,116.40 | Interest Only |
13 | Loan | 5 | 1 | High Street | 2008 | NAP | 630,083 | SF | 219.65 | 38,395,000 | 38,395,000 | 38,395,000 | 5.35200% | 0.01451% | 5.33749% | NAP | 173,620.06 | NAP | 2,083,440.72 | Interest Only |
14 | Loan | 6, 7 | 15 | ExchangeRight 59 | Various | Various | 256,336 | SF | 140.44 | 36,000,000 | 36,000,000 | 36,000,000 | 5.57300% | 0.01451% | 5.55849% | NAP | 169,512.08 | NAP | 2,034,144.96 | Interest Only |
14.01 | Property | 1 | Mariano’s - Northbrook (Capital), IL | 2014 | NAP | 90,000 | SF | 17,712,000 | 17,712,000 | 17,712,000 | ||||||||||
14.02 | Property | 1 | Walgreens - Durham (Holloway), NC | 2006 | NAP | 11,481 | SF | 2,798,000 | 2,798,000 | 2,798,000 | ||||||||||
14.03 | Property | 1 | CVS Pharmacy- Robinson (Steubenville), PA | 2008 | NAP | 12,900 | SF | 2,708,500 | 2,708,500 | 2,708,500 | ||||||||||
14.04 | Property | 1 | Walgreens - Eagle Pass ( Main), TX | 2014 | NAP | 14,820 | SF | 2,218,000 | 2,218,000 | 2,218,000 | ||||||||||
14.05 | Property | 1 | CVS - Greenville (Main), OH | 1999 | NAP | 10,293 | SF | 1,777,000 | 1,777,000 | 1,777,000 | ||||||||||
14.06 | Property | 1 | Tractor Supply Company - Carrollton (Park), GA | 1972 | 2001 | 29,780 | SF | 1,622,000 | 1,622,000 | 1,622,000 | ||||||||||
14.07 | Property | 1 | Fresenius - Dover (6th), NH | 2012 | NAP | 7,626 | SF | 1,266,500 | 1,266,500 | 1,266,500 | ||||||||||
14.08 | Property | 1 | Dollar Tree - Forest Park (Roosevelt), IL | 1970 | 2016 | 14,100 | SF | 886,500 | 886,500 | 886,500 | ||||||||||
14.09 | Property | 1 | Dollar Tree - El Paso (Yarbrough), TX | 2015 | 2019 | 8,353 | SF | 886,500 | 886,500 | 886,500 | ||||||||||
14.10 | Property | 1 | Dollar Tree - Owensboro (Parrish), KY | 2022 | NAP | 10,132 | SF | 813,000 | 813,000 | 813,000 | ||||||||||
14.11 | Property | 1 | Dollar General- Denham Springs (Lockhart), LA | 2021 | NAP | 9,100 | SF | 690,000 | 690,000 | 690,000 | ||||||||||
14.12 | Property | 1 | Dollar General - Gary (Ridge), IN | 2010 | NAP | 9,345 | SF | 690,000 | 690,000 | 690,000 | ||||||||||
14.13 | Property | 1 | Dollar General - Baltimore (Greenmount), MD | 1920 | 2022 | 10,354 | SF | 682,000 | 682,000 | 682,000 | ||||||||||
14.14 | Property | 1 | Dollar General - Addis (6th), LA | 2013 | NAP | 9,026 | SF | 629,000 | 629,000 | 629,000 | ||||||||||
14.15 | Property | 1 | Dollar General - Richmond (H), IN | 2013 | NAP | 9,026 | SF | 621,000 | 621,000 | 621,000 | ||||||||||
15 | Loan | 6, 20 | 3 | Traverse City Hotel Portfolio | Various | Various | 204 | Rooms | 115,196.08 | 23,500,000 | 23,500,000 | 23,500,000 | 7.16000% | 0.01451% | 7.14549% | NAP | 142,164.12 | NAP | 1,705,969.44 | Interest Only |
15.01 | Property | 1 | Cambria | 2009 | NAP | 92 | Rooms | 11,500,000 | 11,500,000 | 11,500,000 | ||||||||||
15.02 | Property | 1 | Comfort Inn | 1963 | 2008 | 62 | Rooms | 6,555,556 | 6,555,556 | 6,555,556 | ||||||||||
15.03 | Property | 1 | Best Western Plus | 1959 | 2015 | 50 | Rooms | 5,444,444 | 5,444,444 | 5,444,444 | ||||||||||
16 | Loan | 1 | Inn at 500 Capitol – Boise, ID | 2017 | NAP | 109 | Rooms | 192,660.55 | 21,000,000 | 21,000,000 | 21,000,000 | 6.28000% | 0.01451% | 6.26549% | NAP | 111,426.39 | NAP | 1,337,116.68 | Interest Only | |
17 | Loan | E | 1 | 2470 2490 Paseo Verde Pkwy | 2003 | NAP | 113,250 | SF | 179.25 | 20,300,000 | 20,300,000 | 18,371,257 | 5.99000% | 0.01451% | 5.97549% | 121,578.27 | 102,738.21 | 1,458,939.24 | 1,232,858.52 | Interest Only, Amortizing Balloon |
18 | Loan | 1 | Hyatt Place – Anchorage, AK | 2019 | NAP | 150 | Rooms | 133,333.33 | 20,000,000 | 20,000,000 | 20,000,000 | 6.38300% | 0.01451% | 6.36849% | NAP | 107,860.88 | NAP | 1,294,330.56 | Interest Only | |
19 | Loan | 1 | Gateway I Office | 2001 | NAP | 100,618 | SF | 190.42 | 19,160,000 | 19,160,000 | 19,160,000 | 5.94600% | 0.01451% | 5.93149% | NAP | 96,256.38 | NAP | 1,155,076.56 | Interest Only | |
20 | Loan | 6 | 3 | Johnson County Office Portfolio | Various | Various | 264,631 | SF | 71.23 | 18,850,000 | 18,850,000 | 18,850,000 | 6.10000% | 0.04201% | 6.05799% | NAP | 97,151.68 | NAP | 1,165,820.16 | Interest Only |
20.01 | Property | 1 | 8725-8735 Rosehill Road | 1985-1996 | NAP | 114,301 | SF | 8,060,000 | 8,060,000 | 8,060,000 | ||||||||||
20.02 | Property | 1 | 8700 State Line Road | 1981 | 2000 | 93,952 | SF | 6,825,000 | 6,825,000 | 6,825,000 | ||||||||||
20.03 | Property | 1 | 14425 College Blvd | 1986 | 2000 | 56,378 | SF | 3,965,000 | 3,965,000 | 3,965,000 | ||||||||||
21 | Loan | 1 | 535 Springfield Ave | 2011 | 2021 | 43,657 | SF | 414.60 | 18,100,000 | 18,100,000 | 18,100,000 | 4.91000% | 0.01451% | 4.89549% | NAP | 75,087.77 | NAP | 901,053.24 | Interest Only | |
22 | Loan | 1 | Rooney Ranch | 2000-2002 | NAP | 134,358 | SF | 134.49 | 18,070,000 | 18,070,000 | 16,783,794 | 5.37400% | 0.01451% | 5.35949% | 101,175.54 | 82,047.42 | 1,214,106.48 | 984,569.04 | Interest Only, Amortizing Balloon | |
23 | Loan | 1 | Hampton Inn & Suites – Santa Ynez Valley, Buellton, CA | 2017 | NAP | 99 | Rooms | 170,594.60 | 16,900,000 | 16,888,866 | 14,698,733 | 6.82500% | 0.01451% | 6.81049% | 110,456.94 | NAP | 1,325,483.28 | NAP | Amortizing Balloon | |
24 | Loan | 1 | US Storage Center – Montrose, CA | 1965 | 2005 | 55,057 | SF | 290.61 | 16,000,000 | 16,000,000 | 16,000,000 | 5.16000% | 0.01451% | 5.14549% | NAP | 69,755.56 | NAP | 837,066.72 | Interest Only | |
25 | Loan | 21, 22 | 1 | 312 Broadway | 2020 | NAP | 24 | Units | 666,666.67 | 16,000,000 | 16,000,000 | 16,000,000 | 5.07500% | 0.01451% | 5.06049% | NAP | 68,606.48 | NAP | 823,277.76 | Interest Only |
26 | Loan | 23 | 1 | Del Ray II MHP | 1966 | NAP | 114 | Pads | 114,035.09 | 13,000,000 | 13,000,000 | 12,146,496 | 5.80600% | 0.01451% | 5.79149% | 76,327.57 | 63,771.92 | 915,930.84 | 765,263.04 | Interest Only, Amortizing Balloon |
27 | Loan | F | 1 | Old Barn Self Storage | 2005 | NAP | 71,261 | SF | 168.40 | 12,000,000 | 12,000,000 | 12,000,000 | 5.41900% | 0.01451% | 5.40449% | NAP | 54,942.64 | NAP | 659,311.68 | Interest Only |
28 | Loan | 24, G | 1 | Mountain Shadows MHC | 1971 | NAP | 178 | Units | 61,797.75 | 11,000,000 | 11,000,000 | 11,000,000 | 6.80000% | 0.07201% | 6.72799% | NAP | 63,199.07 | NAP | 758,388.84 | Interest Only |
29 | Loan | 1 | Lonestar Pavilion | 1997 | NAP | 106,907 | SF | 100.26 | 10,719,000 | 10,719,000 | 10,719,000 | 6.47000% | 0.01451% | 6.45549% | NAP | 58,595.96 | NAP | 703,151.52 | Interest Only | |
30 | Loan | 25 | 1 | 54 West 47th St | 1925 | 2013-2017 | 16,892 | SF | 574.24 | 9,700,000 | 9,700,000 | 9,700,000 | 5.03600% | 0.01451% | 5.02149% | NAP | 41,273.05 | NAP | 495,276.60 | Interest Only |
31 | Loan | 9, 10, 11, H | 1 | Harway Terrace, Inc. | 1963 | 2010 | 360 | Units | 22,200.61 | 8,000,000 | 7,992,221 | 6,671,308 | 5.37000% | 0.08951% | 5.28049% | 44,772.77 | NAP | 537,273.24 | NAP | Amortizing Balloon |
32 | Loan | 6, 26 | 2 | National Self Storage - ELP | 2004 | Various | 128,515 | SF | 58.16 | 7,475,000 | 7,475,000 | 7,475,000 | 6.63700% | 0.01451% | 6.62249% | NAP | 41,917.19 | NAP | 503,006.28 | Interest Only |
32.01 | Property | 1 | National Self Storage - ELP6 | 2004 | 2007 | 75,265 | SF | 4,352,111 | 4,352,111 | 4,352,111 | ||||||||||
32.02 | Property | 1 | National Self Storage - ELP5 | 2004 | NAP | 53,250 | SF | 3,122,889 | 3,122,889 | 3,122,889 | ||||||||||
33 | Loan | 1 | 30 East Santa Clara | 1895 | 2022 | 19,739 | SF | 354.63 | 7,000,000 | 7,000,000 | 7,000,000 | 7.08400% | 0.04451% | 7.03949% | NAP | 41,897.27 | NAP | 502,767.24 | Interest Only | |
34 | Loan | 9, 10, 11, H | 1 | 230 Garth Road Owners, Inc. | 1963 | 1997 | 344 | Units | 20,322.69 | 7,000,000 | 6,991,005 | 6,309,576 | 4.71000% | 0.08951% | 4.62049% | 32,420.50 | NAP | 389,046.00 | NAP | Amortizing Balloon |
35 | Loan | 9, 10, 11, H | 1 | 1523 Central Park Avenue Owners, Inc. | 1971 | 2002 | 134 | Units | 50,719.04 | 6,800,000 | 6,796,352 | 6,161,324 | 4.90000% | 0.08951% | 4.81049% | 32,340.28 | NAP | 388,083.36 | NAP | Amortizing Balloon |
36 | Loan | 1 | Carlton Building | 1909 | 1987 | 42,204 | SF | 113.14 | 4,775,000 | 4,775,000 | 4,775,000 | 6.09000% | 0.01451% | 6.07549% | NAP | 24,569.70 | NAP | 294,836.40 | Interest Only | |
37 | Loan | 9, 10, 11, H | 1 | 185 Marine Ave. Tenants Corp. | 1926 | 2016 | 46 | Units | 67,391.30 | 3,100,000 | 3,100,000 | 3,100,000 | 5.74000% | 0.08951% | 5.65049% | NAP | 15,034.28 | NAP | 180,411.36 | Interest Only |
38 | Loan | 27 | 1 | Willmott Self Storage | 2006 | NAP | 60,290 | SF | 49.76 | 3,000,000 | 3,000,000 | 3,000,000 | 6.37200% | 0.01451% | 6.35749% | NAP | 16,151.25 | NAP | 193,815.00 | Interest Only |
39 | Loan | 9, 10, 11, H | 1 | 296 Sterling Arms Owners Corp. | 1920 | 2015 | 21 | Units | 128,571.43 | 2,700,000 | 2,700,000 | 2,700,000 | 5.40000% | 0.08951% | 5.31049% | NAP | 12,318.75 | NAP | 147,825.00 | Interest Only |
40 | Loan | 9, 10, 11, H | 1 | Capitol House Tenants Corp. | 1962 | 2002 | 86 | Units | 31,380.90 | 2,700,000 | 2,698,757 | 2,470,684 | 5.29000% | 0.08951% | 5.20049% | 13,542.10 | NAP | 162,505.20 | NAP | Amortizing Balloon |
41 | Loan | 9, 10, 11, H | 1 | Clifton & Classon Apt. Corp. | 1922 | 2001 | 33 | Units | 81,726.04 | 2,700,000 | 2,696,959 | 2,207,067 | 4.75000% | 0.08951% | 4.66049% | 14,084.48 | NAP | 169,013.76 | NAP | Amortizing Balloon |
42 | Loan | 9, 10, 11, H | 1 | 95 Park Terrace East Owners, Inc. | 1938 | 2021 | 45 | Units | 55,555.56 | 2,500,000 | 2,500,000 | 2,500,000 | 4.93000% | 0.08951% | 4.84049% | NAP | 10,413.48 | NAP | 124,961.76 | Interest Only |
43 | Loan | 9, 10, 11, H | 1 | 132 East 19th Street, Inc. | 1910 | 2017 | 17 | Units | 132,352.94 | 2,250,000 | 2,250,000 | 2,250,000 | 5.40000% | 0.08951% | 5.31049% | NAP | 10,265.63 | NAP | 123,187.56 | Interest Only |
44 | Loan | 9, 10, 11, H | 1 | 31-14 Owners Corp. | 1931 | 2002 | 58 | Units | 37,931.03 | 2,200,000 | 2,200,000 | 1,857,227 | 5.78000% | 0.08951% | 5.69049% | 12,880.56 | NAP | 154,566.72 | NAP | Amortizing Balloon |
45 | Loan | 9, 10, 11, H | 1 | Fountain Gardens Owners Corp. | 1952 | 2014 | 57 | Units | 30,686.44 | 1,750,000 | 1,749,127 | 1,593,402 | 5.09000% | 0.08951% | 5.00049% | 8,543.02 | NAP | 102,516.24 | NAP | Amortizing Balloon |
46 | Loan | 9, 11, H | 1 | Advance Homes Association, Inc. | 1922 | 2010 | 35 | Units | 48,520.18 | 1,700,000 | 1,698,206 | 1,402,441 | 5.03000% | 0.08951% | 4.94049% | 9,157.16 | NAP | 109,885.92 | NAP | Amortizing Balloon |
47 | Loan | 9, 10, 11, H | 1 | 36 West 35th Apartment Corp. | 1892 | 1997 | 36 | Units | 41,622.80 | 1,500,000 | 1,498,421 | 1,237,848 | 5.04000% | 0.08951% | 4.95049% | 8,089.03 | NAP | 97,068.36 | NAP | Amortizing Balloon |
48 | Loan | 9, 10, 11, H | 1 | Bryna Court Owners Corp. | 1917 | 2001 | 20 | Units | 74,829.44 | 1,500,000 | 1,496,589 | 1,235,600 | 4.99000% | 0.08951% | 4.90049% | 8,043.16 | NAP | 96,517.92 | NAP | Amortizing Balloon |
49 | Loan | 9, 10, 11, H | 1 | 326-328 East 73rd Street Residents, Inc. | 1896 | 2000 | 40 | Units | 37,378.47 | 1,500,000 | 1,495,139 | 1,241,672 | 5.14000% | 0.08951% | 5.05049% | 8,181.15 | NAP | 98,173.80 | NAP | Amortizing Balloon |
50 | Loan | 9, 10, 11, H | 1 | 463 Summit Avenue Owners’, Inc. | 1963 | 2006 | 22 | Units | 54,545.45 | 1,200,000 | 1,200,000 | 1,200,000 | 5.03000% | 0.08951% | 4.94049% | NAP | 5,099.86 | NAP | 61,198.32 | Interest Only |
51 | Loan | 9, 11, H | 1 | Cedar Pond Owners, Inc. | 1990 | 2007 | 40 | Units | 29,968.27 | 1,200,000 | 1,198,731 | 989,638 | 5.02000% | 0.08951% | 4.93049% | 6,456.54 | NAP | 77,478.48 | NAP | Amortizing Balloon |
52 | Loan | 9, 10, 11, H | 1 | 33 Bleecker Street Corp. | 1884 | 2008 | 13 | Units | 92,091.61 | 1,200,000 | 1,197,191 | 983,978 | 4.85000% | 0.08951% | 4.76049% | 6,332.30 | NAP | 75,987.60 | NAP | Amortizing Balloon |
53 | Loan | 9, 10, 11, H | 1 | 148 East 84th Street Owners Corp. | 1887 | 2019 | 18 | Units | 63,788.06 | 1,150,000 | 1,148,185 | 1,050,115 | 5.21000% | 0.08951% | 5.12049% | 5,706.15 | NAP | 68,473.80 | NAP | Amortizing Balloon |
54 | Loan | 9, 11, H | 1 | 96 Perry Street Corp. | 1900 | 2006 | 35 | Units | 31,428.57 | 1,100,000 | 1,100,000 | 947,221 | 6.47000% | 0.08951% | 6.38049% | 6,931.06 | NAP | 83,172.72 | NAP | Amortizing Balloon |
55 | Loan | 9, 11, H | 1 | 418 St. Johns Place Owners Corp. | 1924 | 2002 | 35 | Units | 31,355.75 | 1,100,000 | 1,097,451 | 903,459 | 4.90000% | 0.08951% | 4.81049% | 5,837.99 | NAP | 70,055.88 | NAP | Amortizing Balloon |
56 | Loan | 9, 10, 11, H | 1 | 234 West 16th Street Owners Corp. | 1904 | 2010 | 20 | Units | 49,982.90 | 1,000,000 | 999,658 | 929,448 | 5.96000% | 0.08951% | 5.87049% | 5,474.28 | NAP | 65,691.36 | NAP | Amortizing Balloon |
A-1-2
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | ARD Loan (Yes / No) | Interest Accrual Method | Original Interest-Only Period (Mos.) | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) | Remaining Amortization Term (Mos.) | Origination Date | Seasoning (Mos.) | Payment Due Date | First Payment Date | First P&I Payment Date | Maturity Date or Anticipated Repayment Date | Final Maturity Date | Grace Period to Late Charge (Days) | Grace Period to Default (Days) |
1 | Loan | 5 | 1 | Concord Mills | No | Actual/360 | 0 | 0 | 120 | 120 | 360 | 360 | 10/11/2022 | 0 | 1 | 12/1/2022 | 12/1/2022 | 11/1/2032 | NAP | 0 | 0 |
2 | Loan | 5 12, A | 1 | Constitution Center | No | Actual/360 | 120 | 112 | 120 | 112 | 0 | 0 | 2/16/2022 | 8 | 9 | 4/9/2022 | NAP | 3/9/2032 | NAP | 0 | 0 |
3 | Loan | 5, 13 | 1 | Millennium Boston Retail | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 10/6/2022 | 1 | 6 | 11/6/2022 | 11/6/2022 | 10/6/2032 | NAP | 0 | 0 |
4 | Loan | 14 | 1 | 10 Java Street | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 9/2/2022 | 1 | 1 | 11/1/2022 | NAP | 10/1/2027 | NAP | 0 | 5 |
5 | Loan | 15, 16, 17, B | 1 | Crossways Shopping Center | No | Actual/360 | 60 | 58 | 120 | 118 | 360 | 360 | 8/2/2022 | 2 | 1 | 10/1/2022 | 10/1/2027 | 9/1/2032 | NAP | 0 | 5 |
6 | Loan | 1 | Allendale Corporate Center | No | Actual/360 | 120 | 117 | 120 | 117 | 0 | 0 | 7/28/2022 | 3 | 1 | 9/1/2022 | NAP | 8/1/2032 | NAP | 0 | 5 | |
7 | Loan | 1 | Colonial Commons | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 9/27/2022 | 1 | 1 | 11/1/2022 | NAP | 10/1/2032 | NAP | 5 | 5 | |
8 | Loan | 5, 8, C | 1 | Pacific View | No | Actual/360 | 24 | 18 | 120 | 114 | 360 | 360 | 4/29/2022 | 6 | 6 | 6/6/2022 | 6/6/2024 | 5/6/2032 | NAP | 5 | 0 |
9 | Loan | 5, 18 | 1 | One Campus Martius | No | Actual/360 | 120 | 116 | 120 | 116 | 0 | 0 | 6/28/2022 | 4 | 1 | 8/1/2022 | NAP | 7/1/2032 | NAP | 0 | 0 |
10 | Loan | 19 | 1 | Sabre Headquarters | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 10/21/2022 | 0 | 11 | 12/11/2022 | NAP | 11/11/2032 | NAP | 0 | 0 |
11 | Loan | D | 1 | Potomac Festival I | No | Actual/360 | 120 | 117 | 120 | 117 | 0 | 0 | 7/28/2022 | 3 | 11 | 9/11/2022 | NAP | 8/11/2032 | NAP | 5 | 0 |
12 | Loan | 5, 8 | 1 | Tanger Outlets Columbus | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 9/22/2022 | 1 | 1 | 11/1/2022 | NAP | 10/1/2032 | NAP | 0 | 0 |
13 | Loan | 5 | 1 | High Street | No | Actual/360 | 120 | 116 | 120 | 116 | 0 | 0 | 6/17/2022 | 4 | 11 | 8/11/2022 | NAP | 7/11/2032 | NAP | 0 | 0 |
14 | Loan | 6, 7 | 15 | ExchangeRight 59 | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 10/13/2022 | 0 | 11 | 12/11/2022 | NAP | 11/11/2027 | NAP | 0 | 0 |
14.01 | Property | 1 | Mariano’s - Northbrook (Capital), IL | ||||||||||||||||||
14.02 | Property | 1 | Walgreens - Durham (Holloway), NC | ||||||||||||||||||
14.03 | Property | 1 | CVS Pharmacy- Robinson (Steubenville), PA | ||||||||||||||||||
14.04 | Property | 1 | Walgreens - Eagle Pass ( Main), TX | ||||||||||||||||||
14.05 | Property | 1 | CVS - Greenville (Main), OH | ||||||||||||||||||
14.06 | Property | 1 | Tractor Supply Company - Carrollton (Park), GA | ||||||||||||||||||
14.07 | Property | 1 | Fresenius - Dover (6th), NH | ||||||||||||||||||
14.08 | Property | 1 | Dollar Tree - Forest Park (Roosevelt), IL | ||||||||||||||||||
14.09 | Property | 1 | Dollar Tree - El Paso (Yarbrough), TX | ||||||||||||||||||
14.10 | Property | 1 | Dollar Tree - Owensboro (Parrish), KY | ||||||||||||||||||
14.11 | Property | 1 | Dollar General- Denham Springs (Lockhart), LA | ||||||||||||||||||
14.12 | Property | 1 | Dollar General - Gary (Ridge), IN | ||||||||||||||||||
14.13 | Property | 1 | Dollar General - Baltimore (Greenmount), MD | ||||||||||||||||||
14.14 | Property | 1 | Dollar General - Addis (6th), LA | ||||||||||||||||||
14.15 | Property | 1 | Dollar General - Richmond (H), IN | ||||||||||||||||||
15 | Loan | 6, 20 | 3 | Traverse City Hotel Portfolio | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 10/14/2022 | 0 | 1 | 12/1/2022 | NAP | 11/1/2032 | NAP | 0 | 4 |
15.01 | Property | 1 | Cambria | ||||||||||||||||||
15.02 | Property | 1 | Comfort Inn | ||||||||||||||||||
15.03 | Property | 1 | Best Western Plus | ||||||||||||||||||
16 | Loan | 1 | Inn at 500 Capitol – Boise, ID | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 9/23/2022 | 1 | 1 | 11/1/2022 | NAP | 10/1/2032 | NAP | 0 | 5 | |
17 | Loan | E | 1 | 2470 2490 Paseo Verde Pkwy | No | Actual/360 | 36 | 35 | 120 | 119 | 360 | 360 | 9/14/2022 | 1 | 1 | 11/1/2022 | 11/1/2025 | 10/1/2032 | NAP | 0 | 5 |
18 | Loan | 1 | Hyatt Place – Anchorage, AK | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 10/6/2022 | 0 | 1 | 12/1/2022 | NAP | 11/1/2032 | NAP | 0 | 0 | |
19 | Loan | 1 | Gateway I Office | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 10/7/2022 | 1 | 11 | 11/11/2022 | NAP | 10/11/2032 | NAP | 0 | 0 | |
20 | Loan | 6 | 3 | Johnson County Office Portfolio | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 9/21/2022 | 1 | 1 | 11/1/2022 | NAP | 10/1/2032 | NAP | 5 | 5 |
20.01 | Property | 1 | 8725-8735 Rosehill Road | ||||||||||||||||||
20.02 | Property | 1 | 8700 State Line Road | ||||||||||||||||||
20.03 | Property | 1 | 14425 College Blvd | ||||||||||||||||||
21 | Loan | 1 | 535 Springfield Ave | No | Actual/360 | 120 | 117 | 120 | 117 | 0 | 0 | 7/29/2022 | 3 | 1 | 9/1/2022 | NAP | 8/1/2032 | NAP | 0 | 5 | |
22 | Loan | 1 | Rooney Ranch | No | Actual/360 | 60 | 57 | 120 | 117 | 360 | 360 | 7/28/2022 | 3 | 11 | 9/11/2022 | 9/11/2027 | 8/11/2032 | NAP | 0 | 0 | |
23 | Loan | 1 | Hampton Inn & Suites – Santa Ynez Valley, Buellton, CA | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 9/19/2022 | 1 | 1 | 11/1/2022 | 11/1/2022 | 10/1/2032 | NAP | 0 | 5 | |
24 | Loan | 1 | US Storage Center – Montrose, CA | No | Actual/360 | 120 | 117 | 120 | 117 | 0 | 0 | 7/29/2022 | 3 | 1 | 9/1/2022 | NAP | 8/1/2032 | NAP | 5 | 4 | |
25 | Loan | 21, 22 | 1 | 312 Broadway | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 9/2/2022 | 1 | 1 | 11/1/2022 | NAP | 10/1/2032 | NAP | 0 | 5 |
26 | Loan | 23 | 1 | Del Ray II MHP | No | Actual/360 | 60 | 58 | 120 | 118 | 360 | 360 | 8/18/2022 | 2 | 11 | 10/11/2022 | 10/11/2027 | 9/11/2032 | NAP | 0 | 0 |
27 | Loan | F | 1 | Old Barn Self Storage | No | Actual/360 | 120 | 117 | 120 | 117 | 0 | 0 | 7/29/2022 | 3 | 11 | 9/11/2022 | NAP | 8/11/2032 | NAP | 0 | 0 |
28 | Loan | 24, G | 1 | Mountain Shadows MHC | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 10/26/2022 | 0 | 1 | 12/1/2022 | NAP | 11/1/2032 | NAP | 5 | 4 |
29 | Loan | 1 | Lonestar Pavilion | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 10/12/2022 | 0 | 1 | 12/1/2022 | NAP | 11/1/2032 | NAP | 5 | 5 | |
30 | Loan | 25 | 1 | 54 West 47th St | No | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 8/12/2022 | 2 | 1 | 10/1/2022 | NAP | 9/1/2032 | NAP | 5 | 5 |
31 | Loan | 9, 10, 11, H | 1 | Harway Terrace, Inc. | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 9/30/2022 | 1 | 1 | 11/1/2022 | 11/1/2022 | 10/1/2032 | NAP | 10 | 10 |
32 | Loan | 6, 26 | 2 | National Self Storage - ELP | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 9/30/2022 | 1 | 11 | 11/11/2022 | NAP | 10/11/2032 | NAP | 0 | 0 |
32.01 | Property | 1 | National Self Storage - ELP6 | ||||||||||||||||||
32.02 | Property | 1 | National Self Storage - ELP5 | ||||||||||||||||||
33 | Loan | 1 | 30 East Santa Clara | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 10/25/2022 | 0 | 11 | 12/11/2022 | NAP | 11/11/2032 | NAP | 0 | 0 | |
34 | Loan | 9, 10, 11, H | 1 | 230 Garth Road Owners, Inc. | No | Actual/360 | 0 | 0 | 120 | 118 | 480 | 478 | 8/29/2022 | 2 | 1 | 10/1/2022 | 10/1/2022 | 9/1/2032 | NAP | 10 | 10 |
35 | Loan | 9, 10, 11, H | 1 | 1523 Central Park Avenue Owners, Inc. | No | Actual/360 | 0 | 0 | 120 | 119 | 480 | 479 | 9/28/2022 | 1 | 1 | 11/1/2022 | 11/1/2022 | 10/1/2032 | NAP | 10 | 10 |
36 | Loan | 1 | Carlton Building | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 9/19/2022 | 1 | 1 | 11/1/2022 | NAP | 10/1/2032 | NAP | 0 | 5 | |
37 | Loan | 9, 10, 11, H | 1 | 185 Marine Ave. Tenants Corp. | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 10/28/2022 | 0 | 1 | 12/1/2022 | NAP | 11/1/2032 | NAP | 10 | 10 |
38 | Loan | 27 | 1 | Willmott Self Storage | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 10/14/2022 | 0 | 11 | 12/11/2022 | NAP | 11/11/2032 | NAP | 0 | 0 |
39 | Loan | 9, 10, 11, H | 1 | 296 Sterling Arms Owners Corp. | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 9/19/2022 | 1 | 1 | 11/1/2022 | NAP | 10/1/2032 | NAP | 10 | 10 |
40 | Loan | 9, 10, 11, H | 1 | Capitol House Tenants Corp. | No | Actual/360 | 0 | 0 | 120 | 119 | 480 | 479 | 9/29/2022 | 1 | 1 | 11/1/2022 | 11/1/2022 | 10/1/2032 | NAP | 10 | 10 |
41 | Loan | 9, 10, 11, H | 1 | Clifton & Classon Apt. Corp. | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 9/9/2022 | 1 | 1 | 11/1/2022 | 11/1/2022 | 10/1/2032 | NAP | 10 | 10 |
42 | Loan | 9, 10, 11, H | 1 | 95 Park Terrace East Owners, Inc. | No | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 8/24/2022 | 2 | 1 | 10/1/2022 | NAP | 9/1/2032 | NAP | 10 | 10 |
43 | Loan | 9, 10, 11, H | 1 | 132 East 19th Street, Inc. | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 9/28/2022 | 1 | 1 | 11/1/2022 | NAP | 10/1/2032 | NAP | 10 | 10 |
44 | Loan | 9, 10, 11, H | 1 | 31-14 Owners Corp. | No | Actual/360 | 0 | 0 | 120 | 120 | 360 | 360 | 10/28/2022 | 0 | 1 | 12/1/2022 | 12/1/2022 | 11/1/2032 | NAP | 10 | 10 |
45 | Loan | 9, 10, 11, H | 1 | Fountain Gardens Owners Corp. | No | Actual/360 | 0 | 0 | 120 | 119 | 480 | 479 | 9/29/2022 | 1 | 1 | 11/1/2022 | 11/1/2022 | 10/1/2032 | NAP | 10 | 10 |
46 | Loan | 9, 11, H | 1 | Advance Homes Association, Inc. | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 9/29/2022 | 1 | 1 | 11/1/2022 | 11/1/2022 | 10/1/2032 | NAP | 10 | 10 |
47 | Loan | 9, 10, 11, H | 1 | 36 West 35th Apartment Corp. | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 9/21/2022 | 1 | 1 | 11/1/2022 | 11/1/2022 | 10/1/2032 | NAP | 10 | 10 |
48 | Loan | 9, 10, 11, H | 1 | Bryna Court Owners Corp. | No | Actual/360 | 0 | 0 | 120 | 118 | 360 | 358 | 8/29/2022 | 2 | 1 | 10/1/2022 | 10/1/2022 | 9/1/2032 | NAP | 10 | 10 |
49 | Loan | 9, 10, 11, H | 1 | 326-328 East 73rd Street Residents, Inc. | No | Actual/360 | 0 | 0 | 120 | 117 | 360 | 357 | 7/27/2022 | 3 | 1 | 9/1/2022 | 9/1/2022 | 8/1/2032 | NAP | 10 | 10 |
50 | Loan | 9, 10, 11, H | 1 | 463 Summit Avenue Owners’, Inc. | No | Actual/360 | 120 | 117 | 120 | 117 | 0 | 0 | 7/29/2022 | 3 | 1 | 9/1/2022 | NAP | 8/1/2032 | NAP | 10 | 10 |
51 | Loan | 9, 11, H | 1 | Cedar Pond Owners, Inc. | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 9/28/2022 | 1 | 1 | 11/1/2022 | 11/1/2022 | 10/1/2032 | NAP | 10 | 10 |
52 | Loan | 9, 10, 11, H | 1 | 33 Bleecker Street Corp. | No | Actual/360 | 0 | 0 | 120 | 118 | 360 | 358 | 8/30/2022 | 2 | 1 | 10/1/2022 | 10/1/2022 | 9/1/2032 | NAP | 10 | 10 |
53 | Loan | 9, 10, 11, H | 1 | 148 East 84th Street Owners Corp. | No | Actual/360 | 0 | 0 | 120 | 117 | 480 | 477 | 7/29/2022 | 3 | 1 | 9/1/2022 | 9/1/2022 | 8/1/2032 | NAP | 10 | 10 |
54 | Loan | 9, 11, H | 1 | 96 Perry Street Corp. | No | Actual/360 | 0 | 0 | 120 | 120 | 360 | 360 | 10/27/2022 | 0 | 1 | 12/1/2022 | 12/1/2022 | 11/1/2032 | NAP | 10 | 10 |
55 | Loan | 9, 11, H | 1 | 418 St. Johns Place Owners Corp. | No | Actual/360 | 0 | 0 | 120 | 118 | 360 | 358 | 8/31/2022 | 2 | 1 | 10/1/2022 | 10/1/2022 | 9/1/2032 | NAP | 10 | 10 |
56 | Loan | 9, 10, 11, H | 1 | 234 West 16th Street Owners Corp. | No | Actual/360 | 0 | 0 | 120 | 119 | 480 | 479 | 9/29/2022 | 1 | 1 | 11/1/2022 | 11/1/2022 | 10/1/2032 | NAP | 10 | 10 |
A-1-3
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Prepayment Provisions (No. of Payments) | Most Recent EGI ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent NOI Date | Most Recent Description | Second Most Recent EGI ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent NOI Date | Second Most Recent Description | Third Most Recent EGI ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent NOI Date |
1 | Loan | 5 | 1 | Concord Mills | L(24),D(90),O(6) | 49,804,984 | 12,860,607 | 36,944,377 | 8/31/2022 | T-12 | 49,053,508 | 12,087,500 | 36,966,008 | 12/31/2021 | T-12 | 40,156,990 | 10,331,147 | 29,825,843 | 12/31/2020 |
2 | Loan | 5 12, A | 1 | Constitution Center | L(24),YM1(8),DorYM1(81),O(7) | 79,972,453 | 27,076,464 | 52,895,989 | 12/31/2021 | T-12 | 77,660,677 | 26,226,920 | 51,433,757 | 12/31/2020 | T-12 | 77,044,515 | 27,395,623 | 49,648,892 | 12/31/2019 |
3 | Loan | 5, 13 | 1 | Millennium Boston Retail | L(25),D(91),O(4) | 15,546,926 | 4,630,301 | 10,916,625 | 6/30/2022 | T-12 | 14,324,716 | 4,640,656 | 9,684,060 | 12/31/2021 | T-12 | 13,167,734 | 4,244,296 | 8,923,438 | 12/31/2020 |
4 | Loan | 14 | 1 | 10 Java Street | L(25),D(28),O(7) | 3,516,787 | 937,519 | 2,579,268 | 12/31/2021 | T-12 | 3,369,523 | 882,455 | 2,487,068 | 12/31/2020 | T-12 | 3,179,662 | 761,588 | 2,418,074 | 12/31/2019 |
5 | Loan | 15, 16, 17, B | 1 | Crossways Shopping Center | L(24),YM1(91),O(5) | 6,187,915 | 1,584,819 | 4,603,096 | 6/30/2022 | T-12 | 5,926,198 | 1,422,226 | 4,503,972 | 12/31/2021 | T-12 | 5,788,258 | 1,367,970 | 4,420,288 | 12/31/2020 |
6 | Loan | 1 | Allendale Corporate Center | L(27),D(89),O(4) | 4,020,043 | 1,786,198 | 2,233,845 | 3/31/2022 | T-12 | 3,868,559 | 1,819,062 | 2,049,497 | 12/31/2021 | T-12 | 3,880,543 | 1,400,247 | 2,480,296 | 12/31/2020 | |
7 | Loan | 1 | Colonial Commons | L(25),D(91),O(4) | 6,336,736 | 1,620,567 | 4,716,169 | 6/30/2022 | T-12 | 6,510,713 | 1,599,577 | 4,911,136 | 12/31/2021 | T-12 | 6,261,695 | 1,448,295 | 4,813,401 | 12/31/2020 | |
8 | Loan | 5, 8, C | 1 | Pacific View | L(30),DorYM1(85),O(5) | 15,482,915 | 5,206,553 | 10,276,362 | 3/31/2022 | T-12 | 14,649,128 | 4,939,150 | 9,709,978 | 12/31/2021 | T-12 | 12,983,443 | 4,361,028 | 8,622,415 | 12/31/2020 |
9 | Loan | 5, 18 | 1 | One Campus Martius | L(28),D(88),O(4) | 45,619,900 | 20,065,815 | 25,554,085 | 3/31/2022 | T-12 | 44,198,961 | 19,173,640 | 25,025,321 | 12/31/2021 | T-12 | 36,845,931 | 18,308,085 | 18,537,846 | 12/31/2020 |
10 | Loan | 19 | 1 | Sabre Headquarters | L(24),D(92),O(4) | 7,806,428 | 2,857,847 | 4,948,581 | 7/31/2022 | T-12 | 7,519,300 | 2,640,290 | 4,879,010 | 12/31/2021 | T-12 | NAV | NAV | NAV | NAV |
11 | Loan | D | 1 | Potomac Festival I | L(3),YM1(24),D(89),O(4) | 5,071,572 | 1,248,154 | 3,823,417 | 9/30/2022 | T-12 | 5,666,095 | 1,244,336 | 4,421,759 | 12/31/2021 | T-12 | 3,642,843 | 1,192,557 | 2,450,286 | 12/31/2020 |
12 | Loan | 5, 8 | 1 | Tanger Outlets Columbus | L(25),D(89),O(6) | 16,005,507 | 6,360,216 | 9,645,291 | 6/30/2022 | T-12 | 15,914,066 | 6,177,912 | 9,736,154 | 12/31/2021 | T-12 | 13,973,301 | 5,923,211 | 8,050,090 | 12/31/2020 |
13 | Loan | 5 | 1 | High Street | L(28),D(88),O(4) | 16,686,219 | 7,384,504 | 9,301,715 | 5/31/2022 | T-12 | 16,309,986 | 7,085,214 | 9,224,773 | 12/31/2021 | T-12 | 14,550,236 | 6,789,677 | 7,760,559 | 12/31/2020 |
14 | Loan | 6, 7 | 15 | ExchangeRight 59 | L(24),D(29),O(7) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
14.01 | Property | 1 | Mariano’s - Northbrook (Capital), IL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||
14.02 | Property | 1 | Walgreens - Durham (Holloway), NC | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||
14.03 | Property | 1 | CVS Pharmacy- Robinson (Steubenville), PA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||
14.04 | Property | 1 | Walgreens - Eagle Pass ( Main), TX | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||
14.05 | Property | 1 | CVS - Greenville (Main), OH | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||
14.06 | Property | 1 | Tractor Supply Company - Carrollton (Park), GA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||
14.07 | Property | 1 | Fresenius - Dover (6th), NH | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||
14.08 | Property | 1 | Dollar Tree - Forest Park (Roosevelt), IL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||
14.09 | Property | 1 | Dollar Tree - El Paso (Yarbrough), TX | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||
14.10 | Property | 1 | Dollar Tree - Owensboro (Parrish), KY | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||
14.11 | Property | 1 | Dollar General- Denham Springs (Lockhart), LA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||
14.12 | Property | 1 | Dollar General - Gary (Ridge), IN | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||
14.13 | Property | 1 | Dollar General - Baltimore (Greenmount), MD | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||
14.14 | Property | 1 | Dollar General - Addis (6th), LA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||
14.15 | Property | 1 | Dollar General - Richmond (H), IN | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||
15 | Loan | 6, 20 | 3 | Traverse City Hotel Portfolio | L(24),D(92),O(4) | 11,780,622 | 8,360,406 | 3,420,216 | 8/31/2022 | T-12 | 11,006,557 | 7,560,661 | 3,445,896 | 12/31/2021 | T-12 | 7,422,357 | 5,449,577 | 1,972,780 | 12/31/2020 |
15.01 | Property | 1 | Cambria | 6,956,843 | 5,197,362 | 1,759,481 | 8/31/2022 | T-12 | 6,318,321 | 4,681,723 | 1,636,598 | 12/31/2021 | T-12 | 4,117,348 | 3,279,844 | 837,504 | 12/31/2020 | ||
15.02 | Property | 1 | Comfort Inn | 2,585,619 | 1,642,733 | 942,886 | 8/31/2022 | T-12 | 2,526,372 | 1,516,224 | 1,010,148 | 12/31/2021 | T-12 | 1,719,030 | 1,141,816 | 577,214 | 12/31/2020 | ||
15.03 | Property | 1 | Best Western Plus | 2,238,160 | 1,520,311 | 717,849 | 8/31/2022 | T-12 | 2,161,864 | 1,362,714 | 799,150 | 12/31/2021 | T-12 | 1,585,979 | 1,027,917 | 558,062 | 12/31/2020 | ||
16 | Loan | 1 | Inn at 500 Capitol – Boise, ID | L(25),D(91),O(4) | 7,264,475 | 3,677,368 | 3,587,107 | 8/31/2022 | T-12 | 6,194,124 | 3,087,698 | 3,106,426 | 12/31/2021 | T-12 | 3,381,106 | 2,414,239 | 966,867 | 12/31/2020 | |
17 | Loan | E | 1 | 2470 2490 Paseo Verde Pkwy | L(23),YM1(90),O(7) | 2,519,494 | 572,870 | 1,946,624 | 6/30/2022 | T-12 | 2,611,375 | 514,296 | 2,097,079 | 12/31/2021 | T-12 | 2,425,870 | 455,646 | 1,970,224 | 12/31/2020 |
18 | Loan | 1 | Hyatt Place – Anchorage, AK | L(24),D(91),O(5) | 8,806,340 | 4,858,386 | 3,947,954 | 8/31/2022 | T-12 | 6,821,075 | 4,162,070 | 2,659,005 | 12/31/2021 | T-12 | 3,368,404 | 2,891,079 | 477,325 | 12/31/2020 | |
19 | Loan | 1 | Gateway I Office | L(25),D(91),O(4) | 3,452,395 | 1,087,688 | 2,364,707 | 7/31/2022 | T-12 | 3,412,193 | 1,035,634 | 2,376,559 | 12/31/2021 | T-12 | 3,235,388 | 1,102,380 | 2,133,008 | 12/31/2020 | |
20 | Loan | 6 | 3 | Johnson County Office Portfolio | L(25),D(88),O(7) | 4,706,055 | 2,510,510 | 2,195,545 | 7/31/2022 | T-7 Annualized | 4,444,164 | 2,354,822 | 2,089,342 | 12/31/2021 | T-12 | 4,268,996 | 2,400,539 | 1,868,457 | 12/31/2020 |
20.01 | Property | 1 | 8725-8735 Rosehill Road | 2,190,474 | 987,842 | 1,202,632 | 7/31/2022 | T-7 Annualized | 2,204,460 | 1,038,134 | 1,166,326 | 12/31/2021 | T-12 | 2,230,892 | 1,007,745 | 1,223,147 | 12/31/2020 | ||
20.02 | Property | 1 | 8700 State Line Road | 1,436,184 | 926,329 | 509,855 | 7/31/2022 | T-7 Annualized | 1,283,629 | 746,764 | 536,865 | 12/31/2021 | T-12 | 1,217,669 | 803,163 | 414,506 | 12/31/2020 | ||
20.03 | Property | 1 | 14425 College Blvd | 1,079,397 | 596,340 | 483,058 | 7/31/2022 | T-7 Annualized | 956,075 | 569,924 | 386,151 | 12/31/2021 | T-12 | 820,435 | 589,631 | 230,804 | 12/31/2020 | ||
21 | Loan | 1 | 535 Springfield Ave | L(27),D(86),O(7) | 1,143,121 | 656,707 | 486,414 | 3/31/2022 | T-12 | 1,161,462 | 659,290 | 502,172 | 12/31/2021 | T-12 | 1,819,214 | 685,957 | 1,133,257 | 12/31/2020 | |
22 | Loan | 1 | Rooney Ranch | L(27),D(89),O(4) | 2,633,495 | 808,475 | 1,825,020 | 5/31/2022 | T-12 | 2,420,187 | 794,509 | 1,625,678 | 12/31/2021 | T-12 | 2,614,916 | 883,619 | 1,731,298 | 12/31/2020 | |
23 | Loan | 1 | Hampton Inn & Suites – Santa Ynez Valley, Buellton, CA | L(25),D(88),O(7) | 5,098,442 | 2,981,264 | 2,117,178 | 8/31/2022 | T-12 | 4,204,616 | 2,570,353 | 1,634,263 | 12/31/2021 | T-12 | 2,015,560 | 1,767,760 | 247,800 | 12/31/2020 | |
24 | Loan | 1 | US Storage Center – Montrose, CA | L(27),D(86),O(7) | 2,161,294 | 437,085 | 1,724,209 | 6/30/2022 | T-12 | 2,008,401 | 420,271 | 1,588,130 | 12/31/2021 | T-12 | 1,840,815 | 402,469 | 1,438,346 | 12/31/2020 | |
25 | Loan | 21, 22 | 1 | 312 Broadway | L(25),D(91),O(4) | 808,641 | 168,766 | 639,876 | 6/30/2022 | T-12 | 574,289 | 264,047 | 310,242 | 12/31/2021 | T-12 | NAV | NAV | NAV | NAV |
26 | Loan | 23 | 1 | Del Ray II MHP | L(26),D(90),O(4) | 1,389,746 | 155,894 | 1,233,852 | 7/31/2022 | T-12 | 1,227,961 | 205,166 | 1,022,795 | 12/31/2021 | T-12 | 886,794 | 131,970 | 754,824 | 12/31/2020 |
27 | Loan | F | 1 | Old Barn Self Storage | L(27),DorYM1(86),O(7) | 1,446,108 | 370,119 | 1,075,989 | 6/30/2022 | T-12 | 1,354,220 | 352,835 | 1,001,385 | 12/31/2021 | T-12 | 1,180,388 | 349,155 | 831,233 | 12/31/2020 |
28 | Loan | 24, G | 1 | Mountain Shadows MHC | L(24),YM1(92),O(4) | 1,868,495 | 698,375 | 1,170,120 | 9/30/2022 | T-12 | 1,477,853 | 994,867 | 482,986 | 12/31/2020 | T-12 | 1,366,406 | 893,393 | 473,013 | 12/31/2019 |
29 | Loan | 1 | Lonestar Pavilion | L(24),D(91),O(5) | 1,647,079 | 464,450 | 1,182,629 | 7/31/2022 | T-7 Annualized | 1,791,039 | 445,874 | 1,345,166 | 12/31/2021 | T-12 | 1,722,442 | 459,242 | 1,263,200 | 12/31/2020 | |
30 | Loan | 25 | 1 | 54 West 47th St | L(26),D(90),O(4) | 1,495,224 | 228,004 | 1,267,220 | 6/30/2022 | T-12 | 1,402,622 | 431,574 | 971,048 | 12/31/2021 | T-12 | 1,290,346 | 381,840 | 908,506 | 12/31/2020 |
31 | Loan | 9, 10, 11, H | 1 | Harway Terrace, Inc. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 6, 26 | 2 | National Self Storage - ELP | L(25),D(91),O(4) | 1,320,193 | 560,084 | 760,109 | 9/30/2022 | T-12 | 1,181,920 | 555,489 | 626,431 | 12/31/2021 | T-12 | 1,089,157 | 499,826 | 589,331 | 12/31/2020 |
32.01 | Property | 1 | National Self Storage - ELP6 | 785,971 | 366,073 | 419,898 | 9/30/2022 | T-12 | 707,080 | 363,047 | 344,033 | 12/31/2021 | T-12 | 644,725 | 324,159 | 320,566 | 12/31/2020 | ||
32.02 | Property | 1 | National Self Storage - ELP5 | 534,222 | 194,011 | 340,211 | 9/30/2022 | T-12 | 474,840 | 192,442 | 282,398 | 12/31/2021 | T-12 | 444,432 | 175,668 | 268,765 | 12/31/2020 | ||
33 | Loan | 1 | 30 East Santa Clara | L(24),D(89),O(7) | 513,502 | 205,617 | 307,885 | 8/31/2022 | T-12 | 401,192 | 226,462 | 174,729 | 12/31/2021 | T-12 | 446,242 | 220,421 | 225,821 | 12/31/2020 | |
34 | Loan | 9, 10, 11, H | 1 | 230 Garth Road Owners, Inc. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | 9, 10, 11, H | 1 | 1523 Central Park Avenue Owners, Inc. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
36 | Loan | 1 | Carlton Building | L(25),D(91),O(4) | 658,223 | 296,249 | 361,974 | 5/31/2022 | T-5 Annualized | 717,862 | 318,324 | 399,538 | 12/31/2021 | T-12 | 572,429 | 317,005 | 255,424 | 12/31/2020 | |
37 | Loan | 9, 10, 11, H | 1 | 185 Marine Ave. Tenants Corp. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
38 | Loan | 27 | 1 | Willmott Self Storage | L(24),D(92),O(4) | 791,332 | 286,276 | 505,056 | 7/31/2022 | T-12 | 776,333 | 291,574 | 484,759 | 12/31/2021 | T-12 | 741,393 | 261,740 | 479,653 | 12/31/2020 |
39 | Loan | 9, 10, 11, H | 1 | 296 Sterling Arms Owners Corp. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
40 | Loan | 9, 10, 11, H | 1 | Capitol House Tenants Corp. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
41 | Loan | 9, 10, 11, H | 1 | Clifton & Classon Apt. Corp. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42 | Loan | 9, 10, 11, H | 1 | 95 Park Terrace East Owners, Inc. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
43 | Loan | 9, 10, 11, H | 1 | 132 East 19th Street, Inc. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
44 | Loan | 9, 10, 11, H | 1 | 31-14 Owners Corp. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
45 | Loan | 9, 10, 11, H | 1 | Fountain Gardens Owners Corp. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
46 | Loan | 9, 11, H | 1 | Advance Homes Association, Inc. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
47 | Loan | 9, 10, 11, H | 1 | 36 West 35th Apartment Corp. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
48 | Loan | 9, 10, 11, H | 1 | Bryna Court Owners Corp. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
49 | Loan | 9, 10, 11, H | 1 | 326-328 East 73rd Street Residents, Inc. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
50 | Loan | 9, 10, 11, H | 1 | 463 Summit Avenue Owners’, Inc. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
51 | Loan | 9, 11, H | 1 | Cedar Pond Owners, Inc. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
52 | Loan | 9, 10, 11, H | 1 | 33 Bleecker Street Corp. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
53 | Loan | 9, 10, 11, H | 1 | 148 East 84th Street Owners Corp. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
54 | Loan | 9, 11, H | 1 | 96 Perry Street Corp. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
55 | Loan | 9, 11, H | 1 | 418 St. Johns Place Owners Corp. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
56 | Loan | 9, 10, 11, H | 1 | 234 West 16th Street Owners Corp. | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-4
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Third Most Recent Description | Underwritten Economic Occupancy (%) | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NOI DSCR (x) | Underwritten NCF DSCR (x) | Underwritten NOI Debt Yield (%) | Underwritten NCF Debt Yield (%) | Appraised Value ($) | Appraised Value Type | Appraisal Date | Cut-off Date LTV Ratio (%) |
1 | Loan | 5 | 1 | Concord Mills | T-12 | 93.0% | 50,343,452 | 12,694,091 | 37,649,361 | 118,679 | 1,318,651 | 36,212,031 | 2.10 | 2.02 | 16.0% | 15.4% | 591,000,000 | As Is | 9/2/2022 | 39.8% |
2 | Loan | 5 12, A | 1 | Constitution Center | T-12 | 96.9% | 85,939,687 | 29,664,589 | 56,275,098 | 352,512 | 3,006,585 | 52,916,001 | 4.57 | 4.30 | 14.1% | 13.3% | 914,000,000 | As Is | 12/29/2021 | 43.5% |
3 | Loan | 5, 13 | 1 | Millennium Boston Retail | T-12 | 97.1% | 15,533,749 | 5,044,423 | 10,489,325 | 40,898 | 574,902 | 9,873,526 | 1.56 | 1.47 | 11.7% | 11.0% | 202,000,000 | As Is | 9/7/2022 | 44.5% |
4 | Loan | 14 | 1 | 10 Java Street | T-12 | 94.3% | 5,235,504 | 1,057,673 | 4,177,832 | 21,288 | 0 | 4,156,544 | 1.48 | 1.47 | 8.4% | 8.3% | 120,000,000 | As Is | 6/10/2022 | 41.7% |
5 | Loan | 15, 16, 17, B | 1 | Crossways Shopping Center | T-12 | 94.9% | 6,639,781 | 1,453,746 | 5,186,035 | 53,350 | 366,339 | 4,766,345 | 1.54 | 1.42 | 10.5% | 9.6% | 76,000,000 | As Is | 7/1/2022 | 65.1% |
6 | Loan | 1 | Allendale Corporate Center | T-12 | 95.0% | 6,231,435 | 2,253,830 | 3,977,605 | 37,775 | 160,316 | 3,779,514 | 1.48 | 1.41 | 9.0% | 8.6% | 70,000,000 | As Is | 6/6/2022 | 62.9% | |
7 | Loan | 1 | Colonial Commons | T-12 | 86.8% | 6,208,881 | 1,514,519 | 4,694,362 | 111,237 | 295,511 | 4,287,614 | 1.80 | 1.64 | 10.7% | 9.7% | 66,000,000 | As Is | 8/18/2022 | 66.7% | |
8 | Loan | 5, 8, C | 1 | Pacific View | T-12 | 80.8% | 16,095,436 | 5,017,542 | 11,077,895 | 115,552 | 577,762 | 10,384,580 | 2.31 | 2.17 | 15.4% | 14.4% | 168,700,000 | As Is | 3/21/2022 | 42.7% |
9 | Loan | 5, 18 | 1 | One Campus Martius | T-12 | 86.5% | 46,224,574 | 21,145,889 | 25,078,685 | 188,765 | 1,703,467 | 23,186,453 | 1.88 | 1.74 | 11.5% | 10.6% | 362,500,000 | As Is | 5/4/2022 | 60.1% |
10 | Loan | 19 | 1 | Sabre Headquarters | NAV | 95.0% | 7,801,389 | 2,954,315 | 4,847,074 | 74,464 | 265,942 | 4,506,668 | 1.68 | 1.56 | 12.1% | 11.3% | 77,400,000 | As Is | 8/30/2022 | 51.7% |
11 | Loan | D | 1 | Potomac Festival I | T-12 | 89.2% | 5,670,965 | 1,319,488 | 4,351,477 | 49,328 | 162,933 | 4,139,216 | 2.02 | 1.92 | 10.9% | 10.3% | 60,500,000 | As Is | 7/12/2022 | 66.1% |
12 | Loan | 5, 8 | 1 | Tanger Outlets Columbus | T-12 | 97.0% | 15,525,783 | 6,214,931 | 9,310,852 | 88,811 | 670,347 | 8,551,694 | 2.07 | 1.90 | 13.1% | 12.0% | 121,300,000 | As Is | 8/1/2022 | 58.5% |
13 | Loan | 5 | 1 | High Street | T-12 | 90.5% | 19,932,833 | 7,716,208 | 12,216,625 | 100,754 | 21,529 | 12,094,342 | 1.63 | 1.61 | 8.8% | 8.7% | 193,600,000 | As Is | 5/10/2022 | 71.5% |
14 | Loan | 6, 7 | 15 | ExchangeRight 59 | NAV | 96.5% | 5,115,168 | 396,424 | 4,718,744 | 21,234 | 128,664 | 4,568,846 | 2.32 | 2.25 | 13.1% | 12.7% | 88,180,000 | As Is | Various | 40.8% |
14.01 | Property | 1 | Mariano’s - Northbrook (Capital), IL | NAV | 95.0% | 2,265,750 | 67,973 | 2,197,778 | 13,500 | 97,832 | 2,086,446 | 43,360,000 | As Is | 8/31/2022 | ||||||
14.02 | Property | 1 | Walgreens - Durham (Holloway), NC | NAV | 95.0% | 416,663 | 12,500 | 404,163 | 0 | 22,990 | 381,173 | 6,850,000 | As Is | 9/9/2022 | ||||||
14.03 | Property | 1 | CVS Pharmacy- Robinson (Steubenville), PA | NAV | 100.0% | 424,158 | 55,450 | 368,708 | 0 | 0 | 368,708 | 6,630,000 | As Is | 9/7/2022 | ||||||
14.04 | Property | 1 | Walgreens - Eagle Pass ( Main), TX | NAV | 100.0% | 326,000 | 9,780 | 316,220 | 0 | -50,000 | 366,220 | 5,430,000 | As Is | 9/12/2022 | ||||||
14.05 | Property | 1 | CVS - Greenville (Main), OH | NAV | 100.0% | 239,100 | 7,173 | 231,927 | 0 | 0 | 231,927 | 4,350,000 | As Is | 9/12/2022 | ||||||
14.06 | Property | 1 | Tractor Supply Company - Carrollton (Park), GA | NAV | 100.0% | 246,811 | 26,215 | 220,596 | 0 | 0 | 220,596 | 3,970,000 | As Is | 8/27/2022 | ||||||
14.07 | Property | 1 | Fresenius - Dover (6th), NH | NAV | 100.0% | 173,172 | 5,195 | 167,977 | 1,144 | 0 | 166,833 | 3,100,000 | As Is | 9/12/2022 | ||||||
14.08 | Property | 1 | Dollar Tree - Forest Park (Roosevelt), IL | NAV | 95.0% | 199,846 | 82,409 | 117,436 | 2,115 | 13,772 | 101,549 | 2,230,000 | As Is | 9/16/2022 | ||||||
14.09 | Property | 1 | Dollar Tree - El Paso (Yarbrough), TX | NAV | 95.0% | 127,253 | 3,818 | 123,435 | 0 | 11,122 | 112,313 | 2,170,000 | As Is | 9/1/2022 | ||||||
14.10 | Property | 1 | Dollar Tree - Owensboro (Parrish), KY | NAV | 95.0% | 141,644 | 32,053 | 109,591 | 1,520 | 9,423 | 98,648 | 1,990,000 | As Is | 9/1/2022 | ||||||
14.11 | Property | 1 | Dollar General- Denham Springs (Lockhart), LA | NAV | 100.0% | 108,831 | 12,596 | 96,235 | 0 | 0 | 96,235 | 1,690,000 | As Is | 9/10/2022 | ||||||
14.12 | Property | 1 | Dollar General - Gary (Ridge), IN | NAV | 100.0% | 116,216 | 19,724 | 96,492 | 1,402 | -10,253 | 105,343 | 1,680,000 | As Is | 8/30/2022 | ||||||
14.13 | Property | 1 | Dollar General - Baltimore (Greenmount), MD | NAV | 95.0% | 101,578 | 13,971 | 87,606 | 1,553 | 8,700 | 77,353 | 1,670,000 | As Is | 9/8/2022 | ||||||
14.14 | Property | 1 | Dollar General - Addis (6th), LA | NAV | 95.0% | 104,708 | 15,188 | 89,520 | 0 | 13,408 | 76,112 | 1,540,000 | As Is | 9/10/2022 | ||||||
14.15 | Property | 1 | Dollar General - Richmond (H), IN | NAV | 95.0% | 123,438 | 32,378 | 91,060 | 0 | 11,670 | 79,390 | 1,520,000 | As Is | 8/30/2022 | ||||||
15 | Loan | 6, 20 | 3 | Traverse City Hotel Portfolio | T-12 | 70.4% | 11,780,622 | 8,024,811 | 3,755,811 | 471,225 | 0 | 3,284,586 | 2.20 | 1.93 | 16.0% | 14.0% | 42,300,000 | As Is | 8/31/2022 | 55.6% |
15.01 | Property | 1 | Cambria | T-12 | 69.7% | 6,956,843 | 5,074,634 | 1,882,209 | 278,274 | 0 | 1,603,935 | 20,700,000 | As Is | 8/31/2022 | ||||||
15.02 | Property | 1 | Comfort Inn | T-12 | 69.9% | 2,585,619 | 1,528,207 | 1,057,412 | 103,425 | 0 | 953,987 | 11,800,000 | As Is | 8/31/2022 | ||||||
15.03 | Property | 1 | Best Western Plus | T-12 | 71.6% | 2,238,160 | 1,421,970 | 816,190 | 89,526 | 0 | 726,664 | 9,800,000 | As Is | 8/31/2022 | ||||||
16 | Loan | 1 | Inn at 500 Capitol – Boise, ID | T-12 | 63.6% | 7,254,192 | 3,652,749 | 3,601,443 | 290,168 | 0 | 3,311,275 | 2.69 | 2.48 | 17.1% | 15.8% | 48,000,000 | As Is | 8/31/2022 | 43.8% | |
17 | Loan | E | 1 | 2470 2490 Paseo Verde Pkwy | T-12 | 85.2% | 2,511,728 | 511,082 | 2,000,646 | 22,650 | 124,838 | 1,853,158 | 1.37 | 1.27 | 9.9% | 9.1% | 30,300,000 | As Is | 8/11/2022 | 67.0% |
18 | Loan | 1 | Hyatt Place – Anchorage, AK | T-12 | 77.7% | 8,806,340 | 4,858,910 | 3,947,430 | 440,317 | 0 | 3,507,113 | 3.05 | 2.71 | 19.7% | 17.5% | 34,000,000 | As Is | 7/1/2022 | 58.8% | |
19 | Loan | 1 | Gateway I Office | T-12 | 95.0% | 4,041,018 | 1,112,624 | 2,928,394 | 21,720 | 201,236 | 2,705,438 | 2.54 | 2.34 | 15.3% | 14.1% | 41,600,000 | As Is | 9/8/2022 | 46.1% | |
20 | Loan | 6 | 3 | Johnson County Office Portfolio | T-12 | 87.1% | 4,613,065 | 2,546,160 | 2,066,905 | 52,926 | 254,208 | 1,759,771 | 1.77 | 1.51 | 11.0% | 9.3% | 29,000,000 | As Is | 7/26/2022 | 65.0% |
20.01 | Property | 1 | 8725-8735 Rosehill Road | T-12 | 81.2% | 1,863,158 | 1,041,645 | 821,514 | 22,860 | 103,280 | 695,373 | 12,400,000 | As Is | 7/26/2022 | ||||||
20.02 | Property | 1 | 8700 State Line Road | T-12 | 90.1% | 1,614,963 | 858,791 | 756,172 | 18,790 | 91,290 | 646,091 | 10,500,000 | As Is | 7/26/2022 | ||||||
20.03 | Property | 1 | 14425 College Blvd | T-12 | 95.0% | 1,134,943 | 645,724 | 489,219 | 11,276 | 59,637 | 418,306 | 6,100,000 | As Is | 7/26/2022 | ||||||
21 | Loan | 1 | 535 Springfield Ave | T-12 | 95.0% | 2,387,790 | 714,646 | 1,673,145 | 11,351 | 86,724 | 1,575,069 | 1.86 | 1.75 | 9.2% | 8.7% | 27,300,000 | As Is | 6/15/2022 | 66.3% | |
22 | Loan | 1 | Rooney Ranch | T-12 | 93.6% | 2,845,374 | 811,609 | 2,033,765 | 42,547 | 75,769 | 1,915,449 | 1.68 | 1.58 | 11.3% | 10.6% | 27,800,000 | As Is | 6/23/2022 | 65.0% | |
23 | Loan | 1 | Hampton Inn & Suites – Santa Ynez Valley, Buellton, CA | T-12 | 65.8% | 5,098,442 | 3,017,992 | 2,080,450 | 203,938 | 0 | 1,876,512 | 1.57 | 1.42 | 12.3% | 11.1% | 26,200,000 | As Is | 8/18/2022 | 64.5% | |
24 | Loan | 1 | US Storage Center – Montrose, CA | T-12 | 89.3% | 2,160,994 | 490,866 | 1,670,128 | 17,627 | 0 | 1,652,501 | 2.00 | 1.97 | 10.4% | 10.3% | 33,040,000 | As Is | 6/21/2022 | 48.4% | |
25 | Loan | 21, 22 | 1 | 312 Broadway | NAV | 95.0% | 1,609,404 | 239,781 | 1,369,623 | 7,481 | 9,870 | 1,352,273 | 1.66 | 1.64 | 8.6% | 8.5% | 31,700,000 | As Is | 7/26/2022 | 50.5% |
26 | Loan | 23 | 1 | Del Ray II MHP | T-12 | 95.0% | 1,299,404 | 238,250 | 1,061,154 | 1,026 | 0 | 1,060,128 | 1.16 | 1.16 | 8.2% | 8.2% | 21,800,000 | As Is | 4/21/2022 | 59.6% |
27 | Loan | F | 1 | Old Barn Self Storage | T-12 | 95.0% | 1,479,535 | 350,010 | 1,129,525 | 7,126 | 0 | 1,122,399 | 1.71 | 1.70 | 9.4% | 9.4% | 20,000,000 | As Is | 6/23/2022 | 60.0% |
28 | Loan | 24, G | 1 | Mountain Shadows MHC | T-12 | 90.1% | 1,943,447 | 701,640 | 1,241,807 | 11,250 | 0 | 1,230,557 | 1.64 | 1.62 | 11.3% | 11.2% | 19,210,000 | As Is | 9/22/2022 | 57.3% |
29 | Loan | 1 | Lonestar Pavilion | T-12 | 95.0% | 1,896,210 | 493,279 | 1,402,931 | 16,036 | 99,424 | 1,287,471 | 2.00 | 1.83 | 13.1% | 12.0% | 20,100,000 | As Is | 8/30/2022 | 53.3% | |
30 | Loan | 25 | 1 | 54 West 47th St | T-12 | 95.0% | 1,503,895 | 413,998 | 1,089,896 | 2,703 | 67,766 | 1,019,428 | 2.20 | 2.06 | 11.2% | 10.5% | 20,300,000 | As Is | 7/11/2022 | 47.8% |
31 | Loan | 9, 10, 11, H | 1 | Harway Terrace, Inc. | NAP | 94.0% | 11,045,957 | 5,362,440 | 5,683,517 | 146,000 | 0 | 5,537,517 | 10.58 | 10.31 | 71.1% | 69.3% | 129,250,000 | As Is | 6/24/2022 | 6.2% |
32 | Loan | 6, 26 | 2 | National Self Storage - ELP | T-12 | 85.0% | 1,517,084 | 473,369 | 1,043,715 | 12,852 | 0 | 1,030,863 | 2.07 | 2.05 | 14.0% | 13.8% | 14,400,000 | As Is | 8/17/2022 | 51.9% |
32.01 | Property | 1 | National Self Storage - ELP6 | T-12 | 86.2% | 927,759 | 296,402 | 631,357 | 7,527 | 0 | 623,830 | 8,400,000 | As Is | 8/17/2022 | ||||||
32.02 | Property | 1 | National Self Storage - ELP5 | T-12 | 83.3% | 589,325 | 176,967 | 412,358 | 5,325 | 0 | 407,033 | 6,000,000 | As Is | 8/17/2022 | ||||||
33 | Loan | 1 | 30 East Santa Clara | T-12 | 92.5% | 996,549 | 237,220 | 759,329 | 6,316 | 39,478 | 713,534 | 1.51 | 1.42 | 10.8% | 10.2% | 12,000,000 | As Is | 9/8/2022 | 58.3% | |
34 | Loan | 9, 10, 11, H | 1 | 230 Garth Road Owners, Inc. | NAP | 94.0% | 9,836,085 | 4,411,902 | 5,424,183 | 120,750 | 0 | 5,303,433 | 13.94 | 13.63 | 77.6% | 75.9% | 100,110,000 | As Is | 7/5/2022 | 7.0% |
35 | Loan | 9, 10, 11, H | 1 | 1523 Central Park Avenue Owners, Inc. | NAP | 96.0% | 3,613,248 | 1,225,215 | 2,388,033 | 33,000 | 0 | 2,355,033 | 6.15 | 6.07 | 35.1% | 34.7% | 28,500,000 | As Is | 8/16/2022 | 23.8% |
36 | Loan | 1 | Carlton Building | T-12 | 80.5% | 797,517 | 329,039 | 468,479 | 10,973 | 25,548 | 431,957 | 1.59 | 1.47 | 9.8% | 9.0% | 7,550,000 | As Is | 6/2/2022 | 63.2% | |
37 | Loan | 9, 10, 11, H | 1 | 185 Marine Ave. Tenants Corp. | NAP | 97.5% | 1,078,779 | 513,252 | 565,527 | 9,800 | 0 | 555,727 | 3.13 | 3.08 | 18.2% | 17.9% | 19,400,000 | As Is | 8/9/2022 | 16.0% |
38 | Loan | 27 | 1 | Willmott Self Storage | T-12 | 95.0% | 792,600 | 267,310 | 525,289 | 6,029 | 0 | 519,260 | 2.71 | 2.68 | 17.5% | 17.3% | 10,000,000 | As Is | 9/2/2022 | 30.0% |
39 | Loan | 9, 10, 11, H | 1 | 296 Sterling Arms Owners Corp. | NAP | 95.0% | 1,056,284 | 366,391 | 689,893 | 7,400 | 0 | 682,493 | 4.67 | 4.62 | 25.6% | 25.3% | 28,400,000 | As Is | 7/27/2022 | 9.5% |
40 | Loan | 9, 10, 11, H | 1 | Capitol House Tenants Corp. | NAP | 95.0% | 2,265,921 | 842,858 | 1,423,063 | 20,100 | 0 | 1,402,963 | 8.76 | 8.63 | 52.7% | 52.0% | 20,400,000 | As Is | 8/15/2022 | 13.2% |
41 | Loan | 9, 10, 11, H | 1 | Clifton & Classon Apt. Corp. | NAP | 95.0% | 1,811,697 | 475,637 | 1,336,060 | 11,600 | 0 | 1,324,460 | 7.91 | 7.84 | 49.5% | 49.1% | 41,900,000 | As Is | 7/12/2022 | 6.4% |
42 | Loan | 9, 10, 11, H | 1 | 95 Park Terrace East Owners, Inc. | NAP | 95.0% | 1,082,405 | 450,494 | 631,911 | 11,500 | 0 | 620,411 | 5.06 | 4.96 | 25.3% | 24.8% | 20,350,000 | As Is | 6/30/2022 | 12.3% |
43 | Loan | 9, 10, 11, H | 1 | 132 East 19th Street, Inc. | NAP | 95.0% | 1,078,839 | 435,696 | 643,143 | 3,750 | 0 | 639,393 | 5.22 | 5.19 | 28.6% | 28.4% | 34,100,000 | As Is | 8/24/2022 | 6.6% |
44 | Loan | 9, 10, 11, H | 1 | 31-14 Owners Corp. | NAP | 93.0% | 1,118,578 | 428,501 | 690,077 | 11,800 | 0 | 678,277 | 4.46 | 4.39 | 31.4% | 30.8% | 15,050,000 | As Is | 6/22/2022 | 14.6% |
45 | Loan | 9, 10, 11, H | 1 | Fountain Gardens Owners Corp. | NAP | 98.0% | 1,721,497 | 728,567 | 992,930 | 11,600 | 0 | 981,330 | 9.69 | 9.57 | 56.8% | 56.1% | 16,700,000 | As Is | 7/26/2022 | 10.5% |
46 | Loan | 9, 11, H | 1 | Advance Homes Association, Inc. | NAP | 95.0% | 920,778 | 349,648 | 571,130 | 9,200 | 0 | 561,930 | 5.20 | 5.11 | 33.6% | 33.1% | 18,900,000 | As Is | 4/21/2022 | 9.0% |
47 | Loan | 9, 10, 11, H | 1 | 36 West 35th Apartment Corp. | NAP | 95.0% | 1,313,783 | 507,364 | 806,419 | 6,200 | 0 | 800,219 | 8.31 | 8.24 | 53.8% | 53.4% | 20,300,000 | As Is | 5/12/2022 | 7.4% |
48 | Loan | 9, 10, 11, H | 1 | Bryna Court Owners Corp. | NAP | 97.0% | 712,473 | 254,505 | 457,968 | 5,000 | 0 | 452,968 | 4.74 | 4.69 | 30.6% | 30.3% | 15,900,000 | As Is | 7/5/2022 | 9.4% |
49 | Loan | 9, 10, 11, H | 1 | 326-328 East 73rd Street Residents, Inc. | NAP | 97.0% | 1,070,880 | 423,303 | 647,577 | 7,000 | 0 | 640,577 | 6.60 | 6.52 | 43.3% | 42.8% | 16,450,000 | As Is | 6/30/2022 | 9.1% |
50 | Loan | 9, 10, 11, H | 1 | 463 Summit Avenue Owners’, Inc. | NAP | 97.0% | 714,987 | 253,532 | 461,455 | 27,250 | 0 | 434,205 | 7.54 | 7.10 | 38.5% | 36.2% | 8,860,000 | As Is | 5/31/2022 | 13.5% |
51 | Loan | 9, 11, H | 1 | Cedar Pond Owners, Inc. | NAP | 93.0% | 876,255 | 368,045 | 508,210 | 10,000 | 0 | 498,210 | 6.56 | 6.43 | 42.4% | 41.6% | 8,630,000 | As Is | 7/15/2022 | 13.9% |
52 | Loan | 9, 10, 11, H | 1 | 33 Bleecker Street Corp. | NAP | 95.0% | 1,389,987 | 572,428 | 817,559 | 15,600 | 0 | 801,959 | 10.76 | 10.55 | 68.3% | 67.0% | 30,670,000 | As Is | 5/3/2022 | 3.9% |
53 | Loan | 9, 10, 11, H | 1 | 148 East 84th Street Owners Corp. | NAP | 95.0% | 608,161 | 230,440 | 377,721 | 2,400 | 0 | 375,321 | 5.52 | 5.48 | 32.9% | 32.7% | 9,800,000 | As Is | 6/22/2022 | 11.7% |
54 | Loan | 9, 11, H | 1 | 96 Perry Street Corp. | NAP | 97.1% | 1,247,855 | 438,362 | 809,493 | 7,000 | 0 | 802,493 | 9.73 | 9.65 | 73.6% | 73.0% | 23,450,000 | As Is | 7/11/2022 | 4.7% |
55 | Loan | 9, 11, H | 1 | 418 St. Johns Place Owners Corp. | NAP | 97.0% | 1,384,229 | 423,681 | 960,548 | 9,000 | 0 | 951,548 | 13.71 | 13.58 | 87.5% | 86.7% | 31,300,000 | As Is | 6/17/2022 | 3.5% |
56 | Loan | 9, 10, 11, H | 1 | 234 West 16th Street Owners Corp. | NAP | 93.0% | 676,285 | 269,734 | 406,551 | 8,000 | 0 | 398,551 | 6.19 | 6.07 | 40.7% | 39.9% | 11,895,000 | As Is | 9/7/2022 | 8.4% |
A-1-5
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | LTV Ratio at Maturity / ARD (%) | Leased Occupancy (%)(2) | Occupancy Date | Single Tenant (Y/N) | Largest Tenant | Largest Tenant SF | Largest Tenant % of NRA | Largest Tenant Lease Expiration Date(4) | Second Largest Tenant | Second Largest Tenant SF | Second Largest Tenant % of NRA |
1 | Loan | 5 | 1 | Concord Mills | 34.3% | 94.7% | 9/23/2022 | No | Bass Pro Shops Outdoor | 134,790 | 10.2% | 9/12/2029 | Burlington | 100,498 | 7.6% |
2 | Loan | 5 12, A | 1 | Constitution Center | 43.5% | 100.0% | 12/1/2021 | No | OCC | 471,499 | 33.4% | 10/31/2038 | FHFA | 377,092 | 26.7% |
3 | Loan | 5, 13 | 1 | Millennium Boston Retail | 38.3% | 97.1% | 8/18/2022 | No | AMC Boston Common 19 | 136,011 | 49.9% | 7/31/2031 | Equinox | 103,766 | 38.1% |
4 | Loan | 14 | 1 | 10 Java Street | 41.7% | 100.0% | 11/1/2022 | Yes | Cine Magic Riverfront Studios | 106,440 | 100.0% | 8/31/2028 | NAP | NAP | NAP |
5 | Loan | 15, 16, 17, B | 1 | Crossways Shopping Center | 60.6% | 96.6% | 6/21/2022 | No | Value City Furniture | 55,548 | 15.6% | 4/30/2026 | Ross Dress For Less | 30,187 | 8.5% |
6 | Loan | 1 | Allendale Corporate Center | 62.9% | 100.0% | 9/1/2022 | No | Alan Baird Industries Inc. | 68,250 | 18.1% | 7/31/2032 | Aperion Surfaces | 49,218 | 13.0% | |
7 | Loan | 1 | Colonial Commons | 66.7% | 92.0% | 7/1/2022 | No | Hobby Lobby (Giant Foods) | 67,815 | 16.5% | 5/31/2026 | Dick’s Sporting Goods | 56,000 | 13.6% | |
8 | Loan | 5, 8, C | 1 | Pacific View | 37.3% | 86.1% | 10/20/2022 | No | Macy’s | 179,984 | 31.2% | 1/31/2038 | 24 Hour Fitness | 39,704 | 6.9% |
9 | Loan | 5, 18 | 1 | One Campus Martius | 60.1% | 86.8% | 6/27/2022 | No | Rocket Mortgage | 570,214 | 42.0% | 12/31/2028 | Centene Management | 266,001 | 19.6% |
10 | Loan | 19 | 1 | Sabre Headquarters | 51.7% | 100.0% | 11/1/2022 | Yes | Sabre GLBL, Inc. | 265,942 | 100.0% | 12/31/2032 | NAP | NAP | NAP |
11 | Loan | D | 1 | Potomac Festival I | 66.1% | 91.3% | 6/15/2022 | No | Sky Zone | 35,402 | 14.2% | 4/30/2030 | Savers | 29,761 | 11.9% |
12 | Loan | 5, 8 | 1 | Tanger Outlets Columbus | 58.5% | 97.2% | 9/6/2022 | No | Old Navy | 15,000 | 4.2% | 6/30/2026 | Polo Ralph Lauren | 15,000 | 4.2% |
13 | Loan | 5 | 1 | High Street | 71.5% | 90.4% | 6/8/2022 | No | Sprouts Farmers Market | 95,832 | 15.2% | 4/30/2029 | Life Insurance Company of North America | 23,562 | 3.7% |
14 | Loan | 6, 7 | 15 | ExchangeRight 59 | 40.8% | 100.0% | 11/1/2022 | ||||||||
14.01 | Property | 1 | Mariano’s - Northbrook (Capital), IL | 100.0% | 11/1/2022 | Yes | Mariano’s | 90,000 | 100.0% | 6/30/2035 | NAP | NAP | NAP | ||
14.02 | Property | 1 | Walgreens - Durham (Holloway), NC | 100.0% | 11/1/2022 | Yes | Walgreens | 11,481 | 100.0% | 4/23/2031 | NAP | NAP | NAP | ||
14.03 | Property | 1 | CVS Pharmacy- Robinson (Steubenville), PA | 100.0% | 11/1/2022 | Yes | CVS Pharmacy | 12,900 | 100.0% | 1/31/2034 | NAP | NAP | NAP | ||
14.04 | Property | 1 | Walgreens - Eagle Pass ( Main), TX | 100.0% | 11/1/2022 | Yes | Walgreens | 14,820 | 100.0% | 10/31/2034 | NAP | NAP | NAP | ||
14.05 | Property | 1 | CVS - Greenville (Main), OH | 100.0% | 11/1/2022 | Yes | CVS Pharmacy | 10,293 | 100.0% | 9/30/2039 | NAP | NAP | NAP | ||
14.06 | Property | 1 | Tractor Supply Company - Carrollton (Park), GA | 100.0% | 11/1/2022 | Yes | Tractor Supply Company | 29,780 | 100.0% | 6/30/2031 | NAP | NAP | NAP | ||
14.07 | Property | 1 | Fresenius - Dover (6th), NH | 100.0% | 11/1/2022 | Yes | Fresenius | 7,626 | 100.0% | 8/31/2031 | NAP | NAP | NAP | ||
14.08 | Property | 1 | Dollar Tree - Forest Park (Roosevelt), IL | 100.0% | 11/1/2022 | Yes | Dollar Tree | 14,100 | 100.0% | 3/31/2030 | NAP | NAP | NAP | ||
14.09 | Property | 1 | Dollar Tree - El Paso (Yarbrough), TX | 100.0% | 11/1/2022 | Yes | Dollar Tree | 8,353 | 100.0% | 3/31/2030 | NAP | NAP | NAP | ||
14.10 | Property | 1 | Dollar Tree - Owensboro (Parrish), KY | 100.0% | 11/1/2022 | Yes | Dollar Tree | 10,132 | 100.0% | 4/30/2032 | NAP | NAP | NAP | ||
14.11 | Property | 1 | Dollar General- Denham Springs (Lockhart), LA | 100.0% | 11/1/2022 | Yes | Dollar General | 9,100 | 100.0% | 3/31/2036 | NAP | NAP | NAP | ||
14.12 | Property | 1 | Dollar General - Gary (Ridge), IN | 100.0% | 11/1/2022 | Yes | Dollar General | 9,345 | 100.0% | 12/31/2031 | NAP | NAP | NAP | ||
14.13 | Property | 1 | Dollar General - Baltimore (Greenmount), MD | 100.0% | 11/1/2022 | Yes | Dollar General | 10,354 | 100.0% | 3/31/2032 | NAP | NAP | NAP | ||
14.14 | Property | 1 | Dollar General - Addis (6th), LA | 100.0% | 11/1/2022 | Yes | Dollar General | 9,026 | 100.0% | 3/31/2028 | NAP | NAP | NAP | ||
14.15 | Property | 1 | Dollar General - Richmond (H), IN | 100.0% | 11/1/2022 | Yes | Dollar General | 9,026 | 100.0% | 10/31/2028 | NAP | NAP | NAP | ||
15 | Loan | 6, 20 | 3 | Traverse City Hotel Portfolio | 55.6% | 70.4% | 8/31/2022 | ||||||||
15.01 | Property | 1 | Cambria | 69.7% | 8/31/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
15.02 | Property | 1 | Comfort Inn | 69.9% | 8/31/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
15.03 | Property | 1 | Best Western Plus | 71.6% | 8/31/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
16 | Loan | 1 | Inn at 500 Capitol – Boise, ID | 43.8% | 63.6% | 8/31/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
17 | Loan | E | 1 | 2470 2490 Paseo Verde Pkwy | 60.6% | 94.0% | 6/30/2022 | No | Body Spa Salons | 30,687 | 27.1% | 7/31/2027 | SouthEastern Freight Lines | 19,868 | 17.5% |
18 | Loan | 1 | Hyatt Place – Anchorage, AK | 58.8% | 77.7% | 8/31/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
19 | Loan | 1 | Gateway I Office | 46.1% | 95.3% | 10/1/2022 | No | County of San Diego (HHSA - Childrens’ Welfare Services) | 39,251 | 39.0% | 9/30/2029 | County of San Diego (Dept. of the Public Defender) | 17,680 | 17.6% | |
20 | Loan | 6 | 3 | Johnson County Office Portfolio | 65.0% | 88.4% | 6/1/2022 | ||||||||
20.01 | Property | 1 | 8725-8735 Rosehill Road | 81.2% | 6/1/2022 | No | CEVA US Holdings, Inc. | 29,495 | 25.8% | 6/30/2025 | Farm Journal | 17,952 | 15.7% | ||
20.02 | Property | 1 | 8700 State Line Road | 90.8% | 6/1/2022 | No | Dine Brands | 20,506 | 21.8% | 10/31/2031 | RFP360 | 10,900 | 11.6% | ||
20.03 | Property | 1 | 14425 College Blvd | 99.0% | 6/1/2022 | No | GENUEN, LLC | 17,658 | 31.3% | 2/28/2028 | Habemco, LLC | 10,483 | 18.6% | ||
21 | Loan | 1 | 535 Springfield Ave | 66.3% | 100.0% | 6/28/2022 | No | Markel Service, Incorporated | 21,968 | 50.3% | 10/31/2026 | Cowen Inc. | 6,475 | 14.8% | |
22 | Loan | 1 | Rooney Ranch | 60.4% | 96.2% | 7/1/2022 | No | Ross Dress For Less | 30,187 | 22.5% | 1/31/2028 | Office Max | 23,427 | 17.4% | |
23 | Loan | 1 | Hampton Inn & Suites – Santa Ynez Valley, Buellton, CA | 56.1% | 67.0% | 8/31/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
24 | Loan | 1 | US Storage Center – Montrose, CA | 48.4% | 94.2% | 7/13/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
25 | Loan | 21, 22 | 1 | 312 Broadway | 50.5% | 100.0% | 7/20/2022 | No | CoRe | 6,300 | 63.8% | 4/30/2027 | SM Diagnostics | 3,570 | 36.2% |
26 | Loan | 23 | 1 | Del Ray II MHP | 55.7% | 100.0% | 7/31/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27 | Loan | F | 1 | Old Barn Self Storage | 60.0% | 96.8% | 7/12/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28 | Loan | 24, G | 1 | Mountain Shadows MHC | 57.3% | 94.4% | 10/1/2022 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
29 | Loan | 1 | Lonestar Pavilion | 53.3% | 100.0% | 7/31/2022 | No | Office Depot | 31,015 | 29.0% | 6/30/2027 | Best Buy | 30,007 | 28.1% | |
30 | Loan | 25 | 1 | 54 West 47th St | 47.8% | 100.0% | 4/30/2022 | No | Ross Metals Corporation | 6,701 | 39.7% | 12/31/2050 | Technaoro Inc. | 1,628 | 9.6% |
31 | Loan | 9, 10, 11, H | 1 | Harway Terrace, Inc. | 5.2% | 94.0% | 6/24/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 6, 26 | 2 | National Self Storage - ELP | 51.9% | 95.9% | 10/7/2022 | ||||||||
32.01 | Property | 1 | National Self Storage - ELP6 | 93.2% | 10/7/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
32.02 | Property | 1 | National Self Storage - ELP5 | 99.6% | 10/7/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
33 | Loan | 1 | 30 East Santa Clara | 58.3% | 92.5% | 10/17/2022 | No | RMW Architecture & Interiors | 5,323 | 27.0% | 3/31/2025 | Urban + Community | 2,247 | 11.4% | |
34 | Loan | 9, 10, 11, H | 1 | 230 Garth Road Owners, Inc. | 6.3% | 94.0% | 7/5/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | 9, 10, 11, H | 1 | 1523 Central Park Avenue Owners, Inc. | 21.6% | 96.0% | 8/16/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
36 | Loan | 1 | Carlton Building | 63.2% | 83.9% | 5/1/2022 | No | University of Washington - Tacoma | 13,185 | 31.2% | 6/30/2027 | Financial Insights | 7,550 | 17.9% | |
37 | Loan | 9, 10, 11, H | 1 | 185 Marine Ave. Tenants Corp. | 16.0% | 97.5% | 8/9/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
38 | Loan | 27 | 1 | Willmott Self Storage | 30.0% | 97.3% | 8/30/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
39 | Loan | 9, 10, 11, H | 1 | 296 Sterling Arms Owners Corp. | 9.5% | 95.0% | 7/27/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
40 | Loan | 9, 10, 11, H | 1 | Capitol House Tenants Corp. | 12.1% | 95.0% | 8/15/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
41 | Loan | 9, 10, 11, H | 1 | Clifton & Classon Apt. Corp. | 5.3% | 95.0% | 7/12/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42 | Loan | 9, 10, 11, H | 1 | 95 Park Terrace East Owners, Inc. | 12.3% | 95.0% | 6/30/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
43 | Loan | 9, 10, 11, H | 1 | 132 East 19th Street, Inc. | 6.6% | 95.0% | 8/24/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
44 | Loan | 9, 10, 11, H | 1 | 31-14 Owners Corp. | 12.3% | 93.0% | 6/22/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
45 | Loan | 9, 10, 11, H | 1 | Fountain Gardens Owners Corp. | 9.5% | 98.0% | 7/26/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
46 | Loan | 9, 11, H | 1 | Advance Homes Association, Inc. | 7.4% | 95.0% | 4/21/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
47 | Loan | 9, 10, 11, H | 1 | 36 West 35th Apartment Corp. | 6.1% | 95.0% | 5/12/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
48 | Loan | 9, 10, 11, H | 1 | Bryna Court Owners Corp. | 7.8% | 97.0% | 7/5/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
49 | Loan | 9, 10, 11, H | 1 | 326-328 East 73rd Street Residents, Inc. | 7.5% | 97.0% | 6/30/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
50 | Loan | 9, 10, 11, H | 1 | 463 Summit Avenue Owners’, Inc. | 13.5% | 97.0% | 5/31/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
51 | Loan | 9, 11, H | 1 | Cedar Pond Owners, Inc. | 11.5% | 93.0% | 7/15/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
52 | Loan | 9, 10, 11, H | 1 | 33 Bleecker Street Corp. | 3.2% | 95.0% | 5/3/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
53 | Loan | 9, 10, 11, H | 1 | 148 East 84th Street Owners Corp. | 10.7% | 95.0% | 6/22/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
54 | Loan | 9, 11, H | 1 | 96 Perry Street Corp. | 4.0% | 97.1% | 7/11/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
55 | Loan | 9, 11, H | 1 | 418 St. Johns Place Owners Corp. | 2.9% | 97.0% | 6/17/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
56 | Loan | 9, 10, 11, H | 1 | 234 West 16th Street Owners Corp. | 7.8% | 93.0% | 9/7/2022 | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Second Largest Tenant Lease Expiration Date(4) | Third Largest Tenant | Third Largest Tenant SF | Third Largest Tenant % of NRA | Third Largest Tenant Lease Expiration Date(4) | Fourth Largest Tenant | Fourth Largest Tenant SF | Fourth Largest Tenant % of NRA | Fourth Largest Tenant Lease Expiration Date(4) | Fifth Largest Tenant |
1 | Loan | 5 | 1 | Concord Mills | 1/31/2025 | AMC Theatres | 83,732 | 6.3% | 9/30/2029 | Dick’s Sporting Goods | 53,677 | 4.1% | 1/31/2032 | Dave & Buster’s |
2 | Loan | 5 12, A | 1 | Constitution Center | 1/31/2027 | GSA | 375,260 | 26.6% | 2/29/2024 | ASPR | 186,198 | 13.2% | 10/31/2037 | NAP |
3 | Loan | 5, 13 | 1 | Millennium Boston Retail | 6/30/2039 | CVS | 12,779 | 4.7% | 6/30/2028 | Sip Wine Bar and Kitchen | 6,196 | 2.3% | 3/1/2028 | Cathay Bank |
4 | Loan | 14 | 1 | 10 Java Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 15, 16, 17, B | 1 | Crossways Shopping Center | 1/31/2028 | TJ Maxx | 30,000 | 8.4% | 10/31/2027 | DSW Shoe Warehouse | 27,289 | 7.7% | 7/31/2023 | Buy Buy Baby |
6 | Loan | 1 | Allendale Corporate Center | 6/30/2029 | First International Health Foods Ltd. | 46,145 | 12.2% | 5/31/2027 | Collagen | 45,752 | 12.1% | 10/31/2024 | Marubeni Citizen | |
7 | Loan | 1 | Colonial Commons | 1/31/2025 | HomeGoods | 31,436 | 7.7% | 10/31/2025 | Ross Dress For Less | 30,000 | 7.3% | 1/31/2025 | Marshalls | |
8 | Loan | 5, 8, C | 1 | Pacific View | 4/30/2034 | Ross Dress for Less | 21,100 | 3.7% | 1/31/2031 | Rainbow | 17,354 | 3.0% | 12/31/2027 | Old Navy |
9 | Loan | 5, 18 | 1 | One Campus Martius | 12/31/2024 | Rock Ventures | 66,059 | 4.9% | 12/31/2028 | Building Amenities Wellness Center LLC | 50,116 | 3.7% | 12/31/2035 | Microsoft Corporation |
10 | Loan | 19 | 1 | Sabre Headquarters | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11 | Loan | D | 1 | Potomac Festival I | 12/1/2032 | Staples | 26,288 | 10.5% | 4/30/2025 | Swimkids Swim School | 10,200 | 4.1% | 5/31/2032 | David’s Bridal |
12 | Loan | 5, 8 | 1 | Tanger Outlets Columbus | 6/30/2026 | Nike | 14,953 | 4.2% | 6/30/2026 | Under Armour | 12,000 | 3.4% | 6/30/2026 | adidas |
13 | Loan | 5 | 1 | High Street | 7/31/2023 | Navitus Health Solutions, LLC | 22,405 | 3.6% | 10/31/2023 | RT Specialty | 20,946 | 3.3% | 10/31/2027 | Healthiest You Teledoc |
14 | Loan | 6, 7 | 15 | ExchangeRight 59 | ||||||||||
14.01 | Property | 1 | Mariano’s - Northbrook (Capital), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.02 | Property | 1 | Walgreens - Durham (Holloway), NC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.03 | Property | 1 | CVS Pharmacy- Robinson (Steubenville), PA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.04 | Property | 1 | Walgreens - Eagle Pass ( Main), TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.05 | Property | 1 | CVS - Greenville (Main), OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.06 | Property | 1 | Tractor Supply Company - Carrollton (Park), GA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.07 | Property | 1 | Fresenius - Dover (6th), NH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.08 | Property | 1 | Dollar Tree - Forest Park (Roosevelt), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.09 | Property | 1 | Dollar Tree - El Paso (Yarbrough), TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.10 | Property | 1 | Dollar Tree - Owensboro (Parrish), KY | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.11 | Property | 1 | Dollar General- Denham Springs (Lockhart), LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.12 | Property | 1 | Dollar General - Gary (Ridge), IN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.13 | Property | 1 | Dollar General - Baltimore (Greenmount), MD | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.14 | Property | 1 | Dollar General - Addis (6th), LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.15 | Property | 1 | Dollar General - Richmond (H), IN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15 | Loan | 6, 20 | 3 | Traverse City Hotel Portfolio | ||||||||||
15.01 | Property | 1 | Cambria | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.02 | Property | 1 | Comfort Inn | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.03 | Property | 1 | Best Western Plus | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
16 | Loan | 1 | Inn at 500 Capitol – Boise, ID | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
17 | Loan | E | 1 | 2470 2490 Paseo Verde Pkwy | 7/31/2025 | Beazer Homes | 13,659 | 12.1% | 12/31/2024 | Speakeasy Therapy Services, LLC | 9,758 | 8.6% | 3/31/2032 | DeVry University, Inc. |
18 | Loan | 1 | Hyatt Place – Anchorage, AK | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
19 | Loan | 1 | Gateway I Office | 3/31/2024 | United States of America (U.S. District Court - Probation) | 14,020 | 13.9% | 11/30/2027 | San Diego County Credit Union | 8,037 | 8.0% | 4/1/2032 | County of San Diego (Probation Court Services) | |
20 | Loan | 6 | 3 | Johnson County Office Portfolio | ||||||||||
20.01 | Property | 1 | 8725-8735 Rosehill Road | 11/30/2024 | OWLFI, Inc. | 7,318 | 6.4% | 12/31/2026 | Kansas Counselors, Inc. | 5,162 | 4.5% | 10/31/2022 | APTIM Facilities, Inc. | |
20.02 | Property | 1 | 8700 State Line Road | 4/30/2024 | Houlihan’s Restaurant | 10,662 | 11.3% | 12/31/2026 | Flat Branch Mortgage | 8,164 | 8.7% | 1/31/2025 | eMoneyUSA | |
20.03 | Property | 1 | 14425 College Blvd | 8/31/2026 | Olathe Medical Services, Inc. | 9,396 | 16.7% | 10/31/2025 | MAWD Pathology Group, P.A. | 8,987 | 15.9% | 8/31/2025 | Mid-America Manufacturing Technology | |
21 | Loan | 1 | 535 Springfield Ave | 5/31/2029 | Green Street Advisors, LLC | 4,900 | 11.2% | 9/30/2029 | Halma Holdings Inc. | 4,038 | 9.2% | 2/28/2025 | Pennant Investors GP, LLC | |
22 | Loan | 1 | Rooney Ranch | 1/31/2027 | PetSmart | 19,235 | 14.3% | 1/31/2026 | Planet Fitness | 13,073 | 9.7% | 6/30/2023 | Five Below, Inc. | |
23 | Loan | 1 | Hampton Inn & Suites – Santa Ynez Valley, Buellton, CA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
24 | Loan | 1 | US Storage Center – Montrose, CA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
25 | Loan | 21, 22 | 1 | 312 Broadway | 5/30/2032 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
26 | Loan | 23 | 1 | Del Ray II MHP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27 | Loan | F | 1 | Old Barn Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28 | Loan | 24, G | 1 | Mountain Shadows MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
29 | Loan | 1 | Lonestar Pavilion | 1/31/2025 | Barnes & Noble | 24,900 | 23.3% | 1/31/2033 | Five Below | 8,875 | 8.3% | 5/31/2028 | And Sew On | |
30 | Loan | 25 | 1 | 54 West 47th St | 12/31/2025 | Vladislav Yunatanov | 860 | 5.1% | 6/30/2024 | Jamil Zaitoun | 860 | 5.1% | 7/31/2026 | Oro Monaco Inc. & Tomas Burucuoglu |
31 | Loan | 9, 10, 11, H | 1 | Harway Terrace, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 6, 26 | 2 | National Self Storage - ELP | ||||||||||
32.01 | Property | 1 | National Self Storage - ELP6 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
32.02 | Property | 1 | National Self Storage - ELP5 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
33 | Loan | 1 | 30 East Santa Clara | 5/31/2027 | City Fish | 1,528 | 7.7% | 11/30/2024 | Eagle Tech | 1,486 | 7.5% | 9/30/2027 | Hula Truck | |
34 | Loan | 9, 10, 11, H | 1 | 230 Garth Road Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | 9, 10, 11, H | 1 | 1523 Central Park Avenue Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
36 | Loan | 1 | Carlton Building | 2/28/2030 | Beyond Limits, Inc. | 6,800 | 16.1% | 5/31/2027 | The KOI Japanese Cuisine | 5,544 | 13.1% | 5/31/2024 | Associated Earth Sciences Inc. | |
37 | Loan | 9, 10, 11, H | 1 | 185 Marine Ave. Tenants Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
38 | Loan | 27 | 1 | Willmott Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
39 | Loan | 9, 10, 11, H | 1 | 296 Sterling Arms Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
40 | Loan | 9, 10, 11, H | 1 | Capitol House Tenants Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
41 | Loan | 9, 10, 11, H | 1 | Clifton & Classon Apt. Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42 | Loan | 9, 10, 11, H | 1 | 95 Park Terrace East Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
43 | Loan | 9, 10, 11, H | 1 | 132 East 19th Street, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
44 | Loan | 9, 10, 11, H | 1 | 31-14 Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
45 | Loan | 9, 10, 11, H | 1 | Fountain Gardens Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
46 | Loan | 9, 11, H | 1 | Advance Homes Association, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
47 | Loan | 9, 10, 11, H | 1 | 36 West 35th Apartment Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
48 | Loan | 9, 10, 11, H | 1 | Bryna Court Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
49 | Loan | 9, 10, 11, H | 1 | 326-328 East 73rd Street Residents, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
50 | Loan | 9, 10, 11, H | 1 | 463 Summit Avenue Owners’, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
51 | Loan | 9, 11, H | 1 | Cedar Pond Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
52 | Loan | 9, 10, 11, H | 1 | 33 Bleecker Street Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
53 | Loan | 9, 10, 11, H | 1 | 148 East 84th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
54 | Loan | 9, 11, H | 1 | 96 Perry Street Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
55 | Loan | 9, 11, H | 1 | 418 St. Johns Place Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
56 | Loan | 9, 10, 11, H | 1 | 234 West 16th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-7
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Fifth Largest Tenant SF | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Lease Expiration Date(4) | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Flood Zone | Ownership Interest | Ground Lease Expiration Date | Ground Lease Extension Terms | Annual Ground Lease Payment as of the Cut-off Date ($) | Annual Ground Rent Increases (Y/N) | Upfront RE Tax Reserve ($) | Monthly RE Tax Reserve ($) |
1 | Loan | 5 | 1 | Concord Mills | 53,077 | 4.0% | 5/31/2026 | 9/13/2022 | NAP | 9/13/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
2 | Loan | 5 12, A | 1 | Constitution Center | NAP | NAP | NAP | 1/19/2022 | NAP | 1/18/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
3 | Loan | 5, 13 | 1 | Millennium Boston Retail | 6,000 | 2.2% | 7/31/2024 | 9/1/2022 | NAP | 9/1/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
4 | Loan | 14 | 1 | 10 Java Street | NAP | NAP | NAP | 6/23/2022 | NAP | 6/23/2022 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
5 | Loan | 15, 16, 17, B | 1 | Crossways Shopping Center | 27,000 | 7.6% | 1/31/2038 | 7/7/2022 | NAP | 7/6/2022 | NAP | NAP | No | Fee/Leasehold | 11/30/2040 | No | 1/1/1900 | No | 0 | Springing |
6 | Loan | 1 | Allendale Corporate Center | 36,852 | 9.8% | 1/1/2027 | 6/15/2022 | NAP | 6/13/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 417,184 | 139,061 | |
7 | Loan | 1 | Colonial Commons | 27,000 | 6.6% | 1/31/2024 | 8/12/2022 | NAP | 8/12/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 57,352 | 57,352 | |
8 | Loan | 5, 8, C | 1 | Pacific View | 17,002 | 2.9% | 3/31/2023 | 4/6/2022 | NAP | 4/6/2022 | 4/6/2022 | 15% | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
9 | Loan | 5, 18 | 1 | One Campus Martius | 43,795 | 3.2% | 7/31/2025 | 5/27/2022 | NAP | 5/27/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 3,926,163 | 560,880 |
10 | Loan | 19 | 1 | Sabre Headquarters | NAP | NAP | NAP | 6/21/2022 | NAP | 7/12/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
11 | Loan | D | 1 | Potomac Festival I | 10,012 | 4.0% | 4/30/2029 | 7/22/2022 | NAP | 7/19/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 114,525 | 42,193 |
12 | Loan | 5, 8 | 1 | Tanger Outlets Columbus | 8,900 | 2.5% | 7/31/2030 | 8/12/2022 | NAP | 8/12/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
13 | Loan | 5 | 1 | High Street | 19,179 | 3.0% | 9/30/2023 | 3/25/2022 | NAP | 3/22/2022 | NAP | NAP | No | Leasehold | 7/6/2092 | 1, 10-year | 9/14/2843 | Yes | 436,773 | 145,591 |
14 | Loan | 6, 7 | 15 | ExchangeRight 59 | 113,304 | 23,493 | ||||||||||||||
14.01 | Property | 1 | Mariano’s - Northbrook (Capital), IL | NAP | NAP | NAP | 8/4/2022 | NAP | 8/4/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
14.02 | Property | 1 | Walgreens - Durham (Holloway), NC | NAP | NAP | NAP | 8/19/2022 | NAP | 8/19/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
14.03 | Property | 1 | CVS Pharmacy- Robinson (Steubenville), PA | NAP | NAP | NAP | 8/22/2022 | NAP | 8/18/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
14.04 | Property | 1 | Walgreens - Eagle Pass ( Main), TX | NAP | NAP | NAP | 9/15/2022 | NAP | 9/15/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
14.05 | Property | 1 | CVS - Greenville (Main), OH | NAP | NAP | NAP | 8/31/2022 | NAP | 8/23/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
14.06 | Property | 1 | Tractor Supply Company - Carrollton (Park), GA | NAP | NAP | NAP | 8/9/2022 | NAP | 8/9/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
14.07 | Property | 1 | Fresenius - Dover (6th), NH | NAP | NAP | NAP | 7/11/2022 | NAP | 7/11/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
14.08 | Property | 1 | Dollar Tree - Forest Park (Roosevelt), IL | NAP | NAP | NAP | 5/2/2022 | NAP | 5/2/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
14.09 | Property | 1 | Dollar Tree - El Paso (Yarbrough), TX | NAP | NAP | NAP | 7/15/2022 | NAP | 7/15/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
14.10 | Property | 1 | Dollar Tree - Owensboro (Parrish), KY | NAP | NAP | NAP | 7/11/2022 | 8/31/2022 | 7/11/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
14.11 | Property | 1 | Dollar General- Denham Springs (Lockhart), LA | NAP | NAP | NAP | 9/15/2022 | NAP | 9/15/2022 | NAP | NAP | Yes - A | Fee | NAP | NAP | NAP | NAP | |||
14.12 | Property | 1 | Dollar General - Gary (Ridge), IN | NAP | NAP | NAP | 3/30/2022 | NAP | 3/30/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
14.13 | Property | 1 | Dollar General - Baltimore (Greenmount), MD | NAP | NAP | NAP | 6/13/2022 | NAP | 6/13/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
14.14 | Property | 1 | Dollar General - Addis (6th), LA | NAP | NAP | NAP | 9/15/2022 | NAP | 9/15/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
14.15 | Property | 1 | Dollar General - Richmond (H), IN | NAP | NAP | NAP | 9/13/2022 | NAP | 9/13/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
15 | Loan | 6, 20 | 3 | Traverse City Hotel Portfolio | 176,094 | 32,283 | ||||||||||||||
15.01 | Property | 1 | Cambria | NAP | NAP | NAP | 9/8/2022 | NAP | 9/8/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
15.02 | Property | 1 | Comfort Inn | NAP | NAP | NAP | 9/8/2022 | NAP | 9/8/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
15.03 | Property | 1 | Best Western Plus | NAP | NAP | NAP | 9/8/2022 | NAP | 9/8/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
16 | Loan | 1 | Inn at 500 Capitol – Boise, ID | NAP | NAP | NAP | 9/8/2022 | NAP | 9/8/2022 | NAP | NAP | No | Leasehold | 2/28/2047 | 3, 30-year | 11/13/2381 | Yes | 115,496 | 19,249 | |
17 | Loan | E | 1 | 2470 2490 Paseo Verde Pkwy | 8,763 | 7.7% | 9/30/2026 | 8/17/2022 | NAP | 8/17/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 12,623 | 12,623 |
18 | Loan | 1 | Hyatt Place – Anchorage, AK | NAP | NAP | NAP | 7/26/2022 | NAP | 7/26/2022 | 7/26/2022 | 7% | No | Fee | NAP | NAP | NAP | NAP | 50,964 | 25,482 | |
19 | Loan | 1 | Gateway I Office | 4,455 | 4.4% | 1/31/2028 | 7/25/2022 | NAP | 8/29/2022 | 8/29/2022 | 5% | No | Fee | NAP | NAP | NAP | NAP | 29,252 | 29,252 | |
20 | Loan | 6 | 3 | Johnson County Office Portfolio | 294,783 | 49,130 | ||||||||||||||
20.01 | Property | 1 | 8725-8735 Rosehill Road | 5,132 | 4.5% | 6/30/2023 | 7/13/2022 | NAP | 8/3/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
20.02 | Property | 1 | 8700 State Line Road | 7,254 | 7.7% | 12/31/2023 | 7/13/2022 | NAP | 8/3/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
20.03 | Property | 1 | 14425 College Blvd | 4,145 | 7.4% | 8/31/2025 | 7/13/2022 | NAP | 8/3/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
21 | Loan | 1 | 535 Springfield Ave | 3,811 | 8.7% | 4/30/2024 | 6/22/2022 | NAP | 6/22/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 44,712 | 22,356 | |
22 | Loan | 1 | Rooney Ranch | 8,970 | 6.7% | 1/31/2032 | 6/30/2022 | NAP | 6/30/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 106,437 | 26,610 | |
23 | Loan | 1 | Hampton Inn & Suites – Santa Ynez Valley, Buellton, CA | NAP | NAP | NAP | 8/22/2022 | NAP | 8/22/2022 | 8/22/2022 | 7% | No | Fee | NAP | NAP | NAP | NAP | 125,561 | 15,695 | |
24 | Loan | 1 | US Storage Center – Montrose, CA | NAP | NAP | NAP | 6/23/2022 | NAP | 6/23/2022 | 6/23/2022 | 15% | No | Fee | NAP | NAP | NAP | NAP | 27,920 | 5,584 | |
25 | Loan | 21, 22 | 1 | 312 Broadway | NAP | NAP | NAP | 8/3/2022 | NAP | 8/1/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 8,397 | 8,397 |
26 | Loan | 23 | 1 | Del Ray II MHP | NAP | NAP | NAP | 5/3/2022 | NAP | 5/3/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 21,485 | 4,297 |
27 | Loan | F | 1 | Old Barn Self Storage | NAP | NAP | NAP | 7/6/2022 | NAP | 7/7/2022 | 7/7/2022 | 4% | No | Fee | NAP | NAP | NAP | NAP | 44,020 | 8,804 |
28 | Loan | 24, G | 1 | Mountain Shadows MHC | NAP | NAP | NAP | 9/29/2022 | NAP | 9/29/2022 | 9/29/2022 | 18% | No | Fee | NAP | NAP | NAP | NAP | 3,673 | 3,673 |
29 | Loan | 1 | Lonestar Pavilion | 3,125 | 2.9% | 6/30/2025 | 8/15/2022 | NAP | 9/29/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 256,795 | 23,345 | |
30 | Loan | 25 | 1 | 54 West 47th St | 860 | 5.1% | 12/31/2025 | 7/8/2022 | NAP | 7/8/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
31 | Loan | 9, 10, 11, H | 1 | Harway Terrace, Inc. | NAP | NAP | NAP | 7/12/2022 | NAP | 7/11/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 170,079 | 85,040 |
32 | Loan | 6, 26 | 2 | National Self Storage - ELP | 99,630 | 11,070 | ||||||||||||||
32.01 | Property | 1 | National Self Storage - ELP6 | NAP | NAP | NAP | 9/6/2022 | NAP | 9/6/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
32.02 | Property | 1 | National Self Storage - ELP5 | NAP | NAP | NAP | 9/6/2022 | NAP | 9/6/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | |||
33 | Loan | 1 | 30 East Santa Clara | 1,467 | 7.4% | 9/30/2027 | 9/14/2022 | NAP | 9/13/2022 | 9/13/2022 | 18% | No | Fee | NAP | NAP | NAP | NAP | 14,416 | 7,208 | |
34 | Loan | 9, 10, 11, H | 1 | 230 Garth Road Owners, Inc. | NAP | NAP | NAP | 7/18/2022 | NAP | 7/19/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
35 | Loan | 9, 10, 11, H | 1 | 1523 Central Park Avenue Owners, Inc. | NAP | NAP | NAP | 8/17/2022 | NAP | 8/18/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
36 | Loan | 1 | Carlton Building | 2,325 | 5.5% | 7/31/2025 | 6/6/2022 | NAP | 6/6/2022 | 6/6/2022 | 32% | No | Fee | NAP | NAP | NAP | NAP | 5,312 | 5,312 | |
37 | Loan | 9, 10, 11, H | 1 | 185 Marine Ave. Tenants Corp. | NAP | NAP | NAP | 8/18/2022 | NAP | 8/17/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 50,982 | 16,994 |
38 | Loan | 27 | 1 | Willmott Self Storage | NAP | NAP | NAP | 9/14/2022 | NAP | 9/16/2022 | 9/16/2022 | 8% | No | Fee | NAP | NAP | NAP | NAP | 3,825 | 3,825 |
39 | Loan | 9, 10, 11, H | 1 | 296 Sterling Arms Owners Corp. | NAP | NAP | NAP | 8/9/2022 | NAP | 8/8/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 26,035 | 13,017 |
40 | Loan | 9, 10, 11, H | 1 | Capitol House Tenants Corp. | NAP | NAP | NAP | 8/17/2022 | NAP | 8/19/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
41 | Loan | 9, 10, 11, H | 1 | Clifton & Classon Apt. Corp. | NAP | NAP | NAP | 7/26/2022 | NAP | 7/26/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
42 | Loan | 9, 10, 11, H | 1 | 95 Park Terrace East Owners, Inc. | NAP | NAP | NAP | 7/1/2022 | NAP | 7/6/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 11,407 | 11,407 |
43 | Loan | 9, 10, 11, H | 1 | 132 East 19th Street, Inc. | NAP | NAP | NAP | 8/26/2022 | NAP | 8/25/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 39,068 | 19,534 |
44 | Loan | 9, 10, 11, H | 1 | 31-14 Owners Corp. | NAP | NAP | NAP | 7/1/2022 | NAP | 7/1/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
45 | Loan | 9, 10, 11, H | 1 | Fountain Gardens Owners Corp. | NAP | NAP | NAP | 8/5/2022 | NAP | 8/5/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
46 | Loan | 9, 11, H | 1 | Advance Homes Association, Inc. | NAP | NAP | NAP | 4/19/2022 | NAP | 4/27/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
47 | Loan | 9, 10, 11, H | 1 | 36 West 35th Apartment Corp. | NAP | NAP | NAP | 5/17/2022 | NAP | 5/17/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
48 | Loan | 9, 10, 11, H | 1 | Bryna Court Owners Corp. | NAP | NAP | NAP | 7/11/2022 | NAP | 7/12/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
49 | Loan | 9, 10, 11, H | 1 | 326-328 East 73rd Street Residents, Inc. | NAP | NAP | NAP | 7/8/2022 | NAP | 7/11/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
50 | Loan | 9, 10, 11, H | 1 | 463 Summit Avenue Owners’, Inc. | NAP | NAP | NAP | 6/2/2022 | NAP | 6/2/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
51 | Loan | 9, 11, H | 1 | Cedar Pond Owners, Inc. | NAP | NAP | NAP | 7/22/2022 | NAP | 7/25/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
52 | Loan | 9, 10, 11, H | 1 | 33 Bleecker Street Corp. | NAP | NAP | NAP | 5/16/2022 | NAP | 5/18/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
53 | Loan | 9, 10, 11, H | 1 | 148 East 84th Street Owners Corp. | NAP | NAP | NAP | 7/1/2022 | NAP | 7/1/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 30,173 | 10,046 |
54 | Loan | 9, 11, H | 1 | 96 Perry Street Corp. | NAP | NAP | NAP | 7/12/2022 | NAP | 7/13/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing |
55 | Loan | 9, 11, H | 1 | 418 St. Johns Place Owners Corp. | NAP | NAP | NAP | 6/23/2022 | NAP | 6/29/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 16,662 | 16,662 |
56 | Loan | 9, 10, 11, H | 1 | 234 West 16th Street Owners Corp. | NAP | NAP | NAP | 9/16/2022 | NAP | 9/20/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 24,445 | 12,222 |
A-1-8
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Upfront Insurance Reserve ($) | Monthly Insurance Reserve ($) | Upfront Replacement / PIP Reserve ($) | Monthly Replacement / FF&E Reserve ($) | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Monthly Debt Service Reserve ($) | Debt Service Reserve Cap ($) |
1 | Loan | 5 | 1 | Concord Mills | 0 | Springing | 0 | Springing | 0 | 0 | 109,888 | 2,637,302 | 0 | 0 | 0 |
2 | Loan | 5 12, A | 1 | Constitution Center | 0 | Springing | 0 | 0 | 0 | 416,036 | Springing | 0 | 0 | 0 | 0 |
3 | Loan | 5, 13 | 1 | Millennium Boston Retail | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
4 | Loan | 14 | 1 | 10 Java Street | 0 | Springing | 0 | 1,774 | 21,664 | 0 | 0 | 0 | 0 | 0 | 0 |
5 | Loan | 15, 16, 17, B | 1 | Crossways Shopping Center | 0 | Springing | 53,331 | Springing | 0 | 0 | Springing | 266,654 | 0 | 0 | 0 |
6 | Loan | 1 | Allendale Corporate Center | 91,837 | 11,480 | 0 | 4,722 | 169,987 | 550,000 | 15,740 | 550,000 | 0 | 0 | 0 | |
7 | Loan | 1 | Colonial Commons | 23,620 | 11,810 | 0 | 9,270 | 222,475 | 705,943 | 29,414 | 705,943 | 0 | 0 | 0 | |
8 | Loan | 5, 8, C | 1 | Pacific View | 0 | Springing | 0 | Springing | 397,778 | 0 | 33,148 | 1,193,334 | 0 | 0 | 0 |
9 | Loan | 5, 18 | 1 | One Campus Martius | 0 | Springing | 28,230 | 28,230 | 677,530 | 1,500,000 | 169,541 | 4,000,000 | 0 | 0 | 0 |
10 | Loan | 19 | 1 | Sabre Headquarters | 13,501 | Springing | 319,130 | Springing | 0 | 2,750,000 | 0 | 0 | 0 | 0 | 0 |
11 | Loan | D | 1 | Potomac Festival I | 0 | Springing | 600,000 | 3,277 | 0 | 1,189,712 | Springing | 1,000,000 | 0 | 0 | 0 |
12 | Loan | 5, 8 | 1 | Tanger Outlets Columbus | 0 | Springing | 0 | Springing | 177,623 | 0 | 59,208 | 2,841,960 | 0 | 0 | 0 |
13 | Loan | 5 | 1 | High Street | 0 | Springing | 5,905,000 | Springing | 302,262 | 8,992,000 | Springing | 1,520,073 | 0 | 0 | 0 |
14 | Loan | 6, 7 | 15 | ExchangeRight 59 | 0 | Springing | 58,436 | Springing | 0 | 500,000 | Springing | 0 | 0 | 0 | 0 |
14.01 | Property | 1 | Mariano’s - Northbrook (Capital), IL | ||||||||||||
14.02 | Property | 1 | Walgreens - Durham (Holloway), NC | ||||||||||||
14.03 | Property | 1 | CVS Pharmacy- Robinson (Steubenville), PA | ||||||||||||
14.04 | Property | 1 | Walgreens - Eagle Pass ( Main), TX | ||||||||||||
14.05 | Property | 1 | CVS - Greenville (Main), OH | ||||||||||||
14.06 | Property | 1 | Tractor Supply Company - Carrollton (Park), GA | ||||||||||||
14.07 | Property | 1 | Fresenius - Dover (6th), NH | ||||||||||||
14.08 | Property | 1 | Dollar Tree - Forest Park (Roosevelt), IL | ||||||||||||
14.09 | Property | 1 | Dollar Tree - El Paso (Yarbrough), TX | ||||||||||||
14.10 | Property | 1 | Dollar Tree - Owensboro (Parrish), KY | ||||||||||||
14.11 | Property | 1 | Dollar General- Denham Springs (Lockhart), LA | ||||||||||||
14.12 | Property | 1 | Dollar General - Gary (Ridge), IN | ||||||||||||
14.13 | Property | 1 | Dollar General - Baltimore (Greenmount), MD | ||||||||||||
14.14 | Property | 1 | Dollar General - Addis (6th), LA | ||||||||||||
14.15 | Property | 1 | Dollar General - Richmond (H), IN | ||||||||||||
15 | Loan | 6, 20 | 3 | Traverse City Hotel Portfolio | 7,130 | 7,130 | 0 | 4% of room revenue for the calendar month that is two months prior to the monthly payment date | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
15.01 | Property | 1 | Cambria | ||||||||||||
15.02 | Property | 1 | Comfort Inn | ||||||||||||
15.03 | Property | 1 | Best Western Plus | ||||||||||||
16 | Loan | 1 | Inn at 500 Capitol – Boise, ID | 0 | Springing | 0 | 24,181 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
17 | Loan | E | 1 | 2470 2490 Paseo Verde Pkwy | 5,324 | 2,662 | 0 | 1,888 | 22,650 | 337,000 | 19,819 | 440,000 | 0 | 0 | 0 |
18 | Loan | 1 | Hyatt Place – Anchorage, AK | 0 | Springing | 0 | 35,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
19 | Loan | 1 | Gateway I Office | 11,574 | 3,858 | 0 | 1,810 | 43,440 | 0 | 16,770 | 500,000 | 0 | 0 | 0 | |
20 | Loan | 6 | 3 | Johnson County Office Portfolio | 0.00000000 | Springing | 241,093 | 4,410 | 0.00000000 | 396,947 | 33,079 | 1,190,840 | 0 | 0 | 0 |
20.01 | Property | 1 | 8725-8735 Rosehill Road | ||||||||||||
20.02 | Property | 1 | 8700 State Line Road | ||||||||||||
20.03 | Property | 1 | 14425 College Blvd | ||||||||||||
21 | Loan | 1 | 535 Springfield Ave | 0 | Springing | 0 | 946 | 0 | 265,000 | 7,276 | 265,000 | 0 | 0 | 0 | |
22 | Loan | 1 | Rooney Ranch | 0 | Springing | 0 | 3,546 | 127,642 | 250,000 | 8,397 | 300,000 | 0 | 0 | 0 | |
23 | Loan | 1 | Hampton Inn & Suites – Santa Ynez Valley, Buellton, CA | 35,233 | 3,915 | 0 | 16,995 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
24 | Loan | 1 | US Storage Center – Montrose, CA | 0 | Springing | 0 | 1,469 | 52,880 | 0 | 0 | 0 | 0 | 0 | 0 | |
25 | Loan | 21, 22 | 1 | 312 Broadway | 21,302 | 1,936 | 0 | 623 | 7,481 | 0 | 823 | 9,870 | 0 | 0 | 0 |
26 | Loan | 23 | 1 | Del Ray II MHP | 5,757 | 720 | 0 | 475 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
27 | Loan | F | 1 | Old Barn Self Storage | 0 | Springing | 0 | 594 | 35,640 | 0 | 0 | 0 | 0 | 0 | 0 |
28 | Loan | 24, G | 1 | Mountain Shadows MHC | 12,097 | 2,419 | 0 | 938 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
29 | Loan | 1 | Lonestar Pavilion | 7,308 | 3,654 | 0 | 1,336 | 0 | 0 | 6,236 | 299,340 | 0 | 0 | 0 | |
30 | Loan | 25 | 1 | 54 West 47th St | 0 | Springing | 0 | 225 | 2,703 | 0 | 2,815 | 33,784 | 0 | 0 | 0 |
31 | Loan | 9, 10, 11, H | 1 | Harway Terrace, Inc. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
32 | Loan | 6, 26 | 2 | National Self Storage - ELP | 0 | Springing | 0 | 1,060 | 38,160 | 0 | 0 | 0 | 0 | 0 | 0 |
32.01 | Property | 1 | National Self Storage - ELP6 | ||||||||||||
32.02 | Property | 1 | National Self Storage - ELP5 | ||||||||||||
33 | Loan | 1 | 30 East Santa Clara | 6,786 | 754 | 0 | 527 | 12,648 | 0 | 3,290 | 150,000 | 0 | 0 | 0 | |
34 | Loan | 9, 10, 11, H | 1 | 230 Garth Road Owners, Inc. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
35 | Loan | 9, 10, 11, H | 1 | 1523 Central Park Avenue Owners, Inc. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
36 | Loan | 1 | Carlton Building | 6,759 | 2,253 | 0 | 914 | 0.00000000 | 175,000 | 2,989 | 175,000 | 0 | 0 | 0 | |
37 | Loan | 9, 10, 11, H | 1 | 185 Marine Ave. Tenants Corp. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
38 | Loan | 27 | 1 | Willmott Self Storage | 1,143 | 1,143 | 0 | 503 | 12,072 | 0 | 0 | 0 | 0 | 0 | 0 |
39 | Loan | 9, 10, 11, H | 1 | 296 Sterling Arms Owners Corp. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
40 | Loan | 9, 10, 11, H | 1 | Capitol House Tenants Corp. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
41 | Loan | 9, 10, 11, H | 1 | Clifton & Classon Apt. Corp. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
42 | Loan | 9, 10, 11, H | 1 | 95 Park Terrace East Owners, Inc. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
43 | Loan | 9, 10, 11, H | 1 | 132 East 19th Street, Inc. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
44 | Loan | 9, 10, 11, H | 1 | 31-14 Owners Corp. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
45 | Loan | 9, 10, 11, H | 1 | Fountain Gardens Owners Corp. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
46 | Loan | 9, 11, H | 1 | Advance Homes Association, Inc. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
47 | Loan | 9, 10, 11, H | 1 | 36 West 35th Apartment Corp. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
48 | Loan | 9, 10, 11, H | 1 | Bryna Court Owners Corp. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
49 | Loan | 9, 10, 11, H | 1 | 326-328 East 73rd Street Residents, Inc. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
50 | Loan | 9, 10, 11, H | 1 | 463 Summit Avenue Owners’, Inc. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
51 | Loan | 9, 11, H | 1 | Cedar Pond Owners, Inc. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
52 | Loan | 9, 10, 11, H | 1 | 33 Bleecker Street Corp. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
53 | Loan | 9, 10, 11, H | 1 | 148 East 84th Street Owners Corp. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
54 | Loan | 9, 11, H | 1 | 96 Perry Street Corp. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
55 | Loan | 9, 11, H | 1 | 418 St. Johns Place Owners Corp. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
56 | Loan | 9, 10, 11, H | 1 | 234 West 16th Street Owners Corp. | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
A-1-9
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Upfront Deferred Maintenance Reserve ($) | Upfront Other Reserve ($) | Monthly Other Reserve ($) | Other Reserve Description |
1 | Loan | 5 | 1 | Concord Mills | 0 | 835,000 | 0 | Outstanding TI/LC Reserve |
2 | Loan | 5 12, A | 1 | Constitution Center | 0 | 14,343,252 | 0 | Free Rent Reserve |
3 | Loan | 5, 13 | 1 | Millennium Boston Retail | 0 | 0 | 0 | NAP |
4 | Loan | 14 | 1 | 10 Java Street | 0 | 0 | 0 | NAP |
5 | Loan | 15, 16, 17, B | 1 | Crossways Shopping Center | 0 | 2,567,442 | 0 | Free Rent Reserve ($341,636.67); Outstanding TI/LC Reserve ($2,225,805.00) |
6 | Loan | 1 | Allendale Corporate Center | 0 | 1,918,142 | 0 | Outstanding TI/LC Reserve ($1,725,609.67); Free Rent Reserve ($192,532.49) | |
7 | Loan | 1 | Colonial Commons | 33,325 | 0 | 0 | NAP | |
8 | Loan | 5, 8, C | 1 | Pacific View | 0 | 0 | 0 | NAP |
9 | Loan | 5, 18 | 1 | One Campus Martius | 0 | 3,851,373 | 0 | Outstanding TI/LC |
10 | Loan | 19 | 1 | Sabre Headquarters | 0 | 80,000 | 0 | Existing TI/LC |
11 | Loan | D | 1 | Potomac Festival I | 0 | 2,630,246 | 0 | Gap Rent Reserve ($530,397.36); Existing TI/LC Reserve ($2,099,848.33) |
12 | Loan | 5, 8 | 1 | Tanger Outlets Columbus | 0 | 0 | 0 | NAP |
13 | Loan | 5 | 1 | High Street | 0 | 2,686,455 | 30,583 | Ground Rent ($30,583); Rent Concession ($708,593.26); Existing TI/LC ($1,873,516); Prepaid Rent ($73,762.46) |
14 | Loan | 6, 7 | 15 | ExchangeRight 59 | 32,885 | 5,000 | 0 | Environmental Reserve |
14.01 | Property | 1 | Mariano’s - Northbrook (Capital), IL | |||||
14.02 | Property | 1 | Walgreens - Durham (Holloway), NC | |||||
14.03 | Property | 1 | CVS Pharmacy- Robinson (Steubenville), PA | |||||
14.04 | Property | 1 | Walgreens - Eagle Pass ( Main), TX | |||||
14.05 | Property | 1 | CVS - Greenville (Main), OH | |||||
14.06 | Property | 1 | Tractor Supply Company - Carrollton (Park), GA | |||||
14.07 | Property | 1 | Fresenius - Dover (6th), NH | |||||
14.08 | Property | 1 | Dollar Tree - Forest Park (Roosevelt), IL | |||||
14.09 | Property | 1 | Dollar Tree - El Paso (Yarbrough), TX | |||||
14.10 | Property | 1 | Dollar Tree - Owensboro (Parrish), KY | |||||
14.11 | Property | 1 | Dollar General- Denham Springs (Lockhart), LA | |||||
14.12 | Property | 1 | Dollar General - Gary (Ridge), IN | |||||
14.13 | Property | 1 | Dollar General - Baltimore (Greenmount), MD | |||||
14.14 | Property | 1 | Dollar General - Addis (6th), LA | |||||
14.15 | Property | 1 | Dollar General - Richmond (H), IN | |||||
15 | Loan | 6, 20 | 3 | Traverse City Hotel Portfolio | 0 | 1,040,000 | Springing | Seasonality Reserve |
15.01 | Property | 1 | Cambria | |||||
15.02 | Property | 1 | Comfort Inn | |||||
15.03 | Property | 1 | Best Western Plus | |||||
16 | Loan | 1 | Inn at 500 Capitol – Boise, ID | 22,770 | 14,667 | 14,667 | Ground Rent Reserve | |
17 | Loan | E | 1 | 2470 2490 Paseo Verde Pkwy | 0.00000000 | 71,292 | 0 | Free Rent Reserve ($26,160.18); Outstanding TI&LC Reserve ($45,132.00) |
18 | Loan | 1 | Hyatt Place – Anchorage, AK | 0 | 0 | 0 | NAP | |
19 | Loan | 1 | Gateway I Office | 0 | 1,779,547 | 0 | Existing TI/LC | |
20 | Loan | 6 | 3 | Johnson County Office Portfolio | 271,836 | 94,345 | 0 | Taylor Group - Outstanding Prepaid Rent Credit ($6,834.01); OWLFI - Outstanding TI Allowance ($20,000.00); Farm Journal - Outstanding TI Allowance ($26,312.00); Houlihan’s - Outstanding LL Work (Heating Ducts) ($2,490.00); KC Metro Law - Outstanding TI Allowance ($1,000.00); Pacific Commercial - Outstanding TI Allowance ($15,000.00); eMoney - Outstanding Rent Credit ($22,709.00) |
20.01 | Property | 1 | 8725-8735 Rosehill Road | |||||
20.02 | Property | 1 | 8700 State Line Road | |||||
20.03 | Property | 1 | 14425 College Blvd | |||||
21 | Loan | 1 | 535 Springfield Ave | 0 | 239,283 | 0 | Outstanding TI&LC Reserve ($196,000.00); Green Street Rent Reserve ($43,283.34) | |
22 | Loan | 1 | Rooney Ranch | 115,520 | 0 | 0 | NAP | |
23 | Loan | 1 | Hampton Inn & Suites – Santa Ynez Valley, Buellton, CA | 0 | 0 | 0 | NAP | |
24 | Loan | 1 | US Storage Center – Montrose, CA | 244,875 | 0 | 0 | NAP | |
25 | Loan | 21, 22 | 1 | 312 Broadway | 0 | 157,000 | 0 | Free Rent Reserve ($110,000.00); Outstanding TI Reserve ($47,000.00) |
26 | Loan | 23 | 1 | Del Ray II MHP | 0 | 0 | 0 | NAP |
27 | Loan | F | 1 | Old Barn Self Storage | 0 | 0 | 0 | NAP |
28 | Loan | 24, G | 1 | Mountain Shadows MHC | 0 | 0 | 0 | NAP |
29 | Loan | 1 | Lonestar Pavilion | 81,750 | 150,000 | 0 | Outstanding Leasing Obligations | |
30 | Loan | 25 | 1 | 54 West 47th St | 375 | 0 | 0 | NAP |
31 | Loan | 9, 10, 11, H | 1 | Harway Terrace, Inc. | 0 | $1,258,571.25, $700,000, $330,000, $210,000 | 0 | Collateral Security Agreement For Capital Improvements, Collateral Security Agreement For General Capital Improvements, Collateral Security Agreement Re: Maintenance Arrears, Collateral Security Agreement For Litigation |
32 | Loan | 6, 26 | 2 | National Self Storage - ELP | 0 | 0 | 0 | NAP |
32.01 | Property | 1 | National Self Storage - ELP6 | |||||
32.02 | Property | 1 | National Self Storage - ELP5 | |||||
33 | Loan | 1 | 30 East Santa Clara | 0 | 8,296 | 0 | Upfront Reserve | |
34 | Loan | 9, 10, 11, H | 1 | 230 Garth Road Owners, Inc. | 0 | 650,000 | 0 | Collateral Security Agreement For Litigation |
35 | Loan | 9, 10, 11, H | 1 | 1523 Central Park Avenue Owners, Inc. | 0 | 687,500 | 0 | Collateral Security Agreement For Capital Improvements |
36 | Loan | 1 | Carlton Building | 0 | 0 | 0 | NAP | |
37 | Loan | 9, 10, 11, H | 1 | 185 Marine Ave. Tenants Corp. | 0 | 74,951 | 0 | Collateral Security Agreement For Capital Improvements |
38 | Loan | 27 | 1 | Willmott Self Storage | 0 | 0 | 0 | NAP |
39 | Loan | 9, 10, 11, H | 1 | 296 Sterling Arms Owners Corp. | 0 | 402,794 | 0 | Collateral Security Agreement For Capital Improvements |
40 | Loan | 9, 10, 11, H | 1 | Capitol House Tenants Corp. | 0 | 0 | 0 | NAP |
41 | Loan | 9, 10, 11, H | 1 | Clifton & Classon Apt. Corp. | 0 | 100,000 | 0 | Collateral Security Agreement For Capital Improvements |
42 | Loan | 9, 10, 11, H | 1 | 95 Park Terrace East Owners, Inc. | 0 | 400,000 | 0 | Collateral Security Agreement For Capital Improvements |
43 | Loan | 9, 10, 11, H | 1 | 132 East 19th Street, Inc. | 0 | 400,000 | 0 | Collateral Security Agreement For Capital Improvements |
44 | Loan | 9, 10, 11, H | 1 | 31-14 Owners Corp. | 0 | 0 | 0 | NAP |
45 | Loan | 9, 10, 11, H | 1 | Fountain Gardens Owners Corp. | 0 | 0 | 0 | NAP |
46 | Loan | 9, 11, H | 1 | Advance Homes Association, Inc. | 0 | 1,500,000 | 0 | Collateral Security Agreement For Capital Improvements |
47 | Loan | 9, 10, 11, H | 1 | 36 West 35th Apartment Corp. | 0 | $50,000, $40,000 | 0 | Collateral Security Agreement For Capital Improvements, Collateral Security Agreement Re: Maintenance Arrears |
48 | Loan | 9, 10, 11, H | 1 | Bryna Court Owners Corp. | 0 | $250,000, $16,000 | 0 | Collateral Security Agreement For Capital Improvements, Collateral Security Agreement Re: Arrears |
49 | Loan | 9, 10, 11, H | 1 | 326-328 East 73rd Street Residents, Inc. | 0 | 35,000 | 0 | Collateral Security Agreement Re: Maintenance Arrears |
50 | Loan | 9, 10, 11, H | 1 | 463 Summit Avenue Owners’, Inc. | 0 | 0 | 0 | NAP |
51 | Loan | 9, 11, H | 1 | Cedar Pond Owners, Inc. | 0 | 0 | 0 | NAP |
52 | Loan | 9, 10, 11, H | 1 | 33 Bleecker Street Corp. | 0 | 75,000 | 0 | Collateral Security Agreement For Litigation |
53 | Loan | 9, 10, 11, H | 1 | 148 East 84th Street Owners Corp. | 0 | 0 | 0 | NAP |
54 | Loan | 9, 11, H | 1 | 96 Perry Street Corp. | 0 | 0 | 0 | NAP |
55 | Loan | 9, 11, H | 1 | 418 St. Johns Place Owners Corp. | 0 | 0 | 0 | NAP |
56 | Loan | 9, 10, 11, H | 1 | 234 West 16th Street Owners Corp. | 0 | 6,125 | 0 | Collateral Security Agreement For Capital Improvements |
A-1-10
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Other Reserve Cap ($) | Holdback/ Earnout Amount ($) | Holdback/ Earnout Description |
1 | Loan | 5 | 1 | Concord Mills | 0 | 0 | NAP |
2 | Loan | 5 12, A | 1 | Constitution Center | 0 | 0 | NAP |
3 | Loan | 5, 13 | 1 | Millennium Boston Retail | 0 | 0 | NAP |
4 | Loan | 14 | 1 | 10 Java Street | 0 | 0 | NAP |
5 | Loan | 15, 16, 17, B | 1 | Crossways Shopping Center | 0 | 0 | NAP |
6 | Loan | 1 | Allendale Corporate Center | 0 | 0 | NAP | |
7 | Loan | 1 | Colonial Commons | 0 | 0 | NAP | |
8 | Loan | 5, 8, C | 1 | Pacific View | 0 | 0 | NAP |
9 | Loan | 5, 18 | 1 | One Campus Martius | 0 | 0 | NAP |
10 | Loan | 19 | 1 | Sabre Headquarters | 0 | 0 | NAP |
11 | Loan | D | 1 | Potomac Festival I | 0 | 0 | NAP |
12 | Loan | 5, 8 | 1 | Tanger Outlets Columbus | 0 | 0 | NAP |
13 | Loan | 5 | 1 | High Street | 0 | 0 | NAP |
14 | Loan | 6, 7 | 15 | ExchangeRight 59 | 0 | 0 | NAP |
14.01 | Property | 1 | Mariano’s - Northbrook (Capital), IL | ||||
14.02 | Property | 1 | Walgreens - Durham (Holloway), NC | ||||
14.03 | Property | 1 | CVS Pharmacy- Robinson (Steubenville), PA | ||||
14.04 | Property | 1 | Walgreens - Eagle Pass ( Main), TX | ||||
14.05 | Property | 1 | CVS - Greenville (Main), OH | ||||
14.06 | Property | 1 | Tractor Supply Company - Carrollton (Park), GA | ||||
14.07 | Property | 1 | Fresenius - Dover (6th), NH | ||||
14.08 | Property | 1 | Dollar Tree - Forest Park (Roosevelt), IL | ||||
14.09 | Property | 1 | Dollar Tree - El Paso (Yarbrough), TX | ||||
14.10 | Property | 1 | Dollar Tree - Owensboro (Parrish), KY | ||||
14.11 | Property | 1 | Dollar General- Denham Springs (Lockhart), LA | ||||
14.12 | Property | 1 | Dollar General - Gary (Ridge), IN | ||||
14.13 | Property | 1 | Dollar General - Baltimore (Greenmount), MD | ||||
14.14 | Property | 1 | Dollar General - Addis (6th), LA | ||||
14.15 | Property | 1 | Dollar General - Richmond (H), IN | ||||
15 | Loan | 6, 20 | 3 | Traverse City Hotel Portfolio | 0 | 0 | NAP |
15.01 | Property | 1 | Cambria | ||||
15.02 | Property | 1 | Comfort Inn | ||||
15.03 | Property | 1 | Best Western Plus | ||||
16 | Loan | 1 | Inn at 500 Capitol – Boise, ID | 0 | 0 | NAP | |
17 | Loan | E | 1 | 2470 2490 Paseo Verde Pkwy | 0.00000000 | 0 | NAP |
18 | Loan | 1 | Hyatt Place – Anchorage, AK | 0 | 0 | NAP | |
19 | Loan | 1 | Gateway I Office | 0 | 0 | NAP | |
20 | Loan | 6 | 3 | Johnson County Office Portfolio | 0.00000000 | 0 | NAP |
20.01 | Property | 1 | 8725-8735 Rosehill Road | ||||
20.02 | Property | 1 | 8700 State Line Road | ||||
20.03 | Property | 1 | 14425 College Blvd | ||||
21 | Loan | 1 | 535 Springfield Ave | 0 | 0 | NAP | |
22 | Loan | 1 | Rooney Ranch | 0 | 0 | NAP | |
23 | Loan | 1 | Hampton Inn & Suites – Santa Ynez Valley, Buellton, CA | 0 | 0 | NAP | |
24 | Loan | 1 | US Storage Center – Montrose, CA | 0 | 0 | NAP | |
25 | Loan | 21, 22 | 1 | 312 Broadway | 0 | 1,300,000 | On the date that Borrower provides to Lender the SM Diagnostics Satisfaction Documents, provided that an Event of Default shall not have occurred and then be continuing, Lender shall promptly, but not later than five (5) Business Days after receipt of the SM Diagnostics Satisfaction Documents, release to Borrower (or as directed by Borrower) the SM Diagnostics Funds. In the event that Borrower does not deliver the SM Diagnostics Satisfaction Documents to Lender on or before the date that is one year from the Closing Date (the “SM Diagnostics Due Date”), Lender shall apply the SM Diagnostics Funds to a partial prepayment of the Loan together with the applicable Yield Maintenance Premium. |
26 | Loan | 23 | 1 | Del Ray II MHP | 0 | 500,000 | So long as no event of default has occurred, in the event holdback funds have not been disbursed pursuant to the terms of the loan agreement before 10/11/2024, lender shall (i) first, apply funds to the prepayment of the loan in an amount equal to the lesser of (A) the remaining holdback funds (B) the amount that, after giving effect to such prepayment, will result in a debt yield of 9.25%, (ii) second, apply funds, if any, towards the payment of the applicable yield maintenance premium and interest shortfall, and (iii) third, disburse any remaining holdback funds, if any, to the borrower |
27 | Loan | F | 1 | Old Barn Self Storage | 0 | 0 | NAP |
28 | Loan | 24, G | 1 | Mountain Shadows MHC | 0 | 0 | NAP |
29 | Loan | 1 | Lonestar Pavilion | 0 | 0 | NAP | |
30 | Loan | 25 | 1 | 54 West 47th St | 0 | 0 | NAP |
31 | Loan | 9, 10, 11, H | 1 | Harway Terrace, Inc. | 0 | 0 | NAP |
32 | Loan | 6, 26 | 2 | National Self Storage - ELP | 0 | 0 | NAP |
32.01 | Property | 1 | National Self Storage - ELP6 | ||||
32.02 | Property | 1 | National Self Storage - ELP5 | ||||
33 | Loan | 1 | 30 East Santa Clara | 0 | 0 | NAP | |
34 | Loan | 9, 10, 11, H | 1 | 230 Garth Road Owners, Inc. | 0 | 0 | NAP |
35 | Loan | 9, 10, 11, H | 1 | 1523 Central Park Avenue Owners, Inc. | 0 | 0 | NAP |
36 | Loan | 1 | Carlton Building | 0 | 0 | NAP | |
37 | Loan | 9, 10, 11, H | 1 | 185 Marine Ave. Tenants Corp. | 0 | 0 | NAP |
38 | Loan | 27 | 1 | Willmott Self Storage | 0 | 0 | NAP |
39 | Loan | 9, 10, 11, H | 1 | 296 Sterling Arms Owners Corp. | 0 | 0 | NAP |
40 | Loan | 9, 10, 11, H | 1 | Capitol House Tenants Corp. | 0 | 0 | NAP |
41 | Loan | 9, 10, 11, H | 1 | Clifton & Classon Apt. Corp. | 0 | 0 | NAP |
42 | Loan | 9, 10, 11, H | 1 | 95 Park Terrace East Owners, Inc. | 0 | 0 | NAP |
43 | Loan | 9, 10, 11, H | 1 | 132 East 19th Street, Inc. | 0 | 0 | NAP |
44 | Loan | 9, 10, 11, H | 1 | 31-14 Owners Corp. | 0 | 0 | NAP |
45 | Loan | 9, 10, 11, H | 1 | Fountain Gardens Owners Corp. | 0 | 0 | NAP |
46 | Loan | 9, 11, H | 1 | Advance Homes Association, Inc. | 0 | 0 | NAP |
47 | Loan | 9, 10, 11, H | 1 | 36 West 35th Apartment Corp. | 0 | 0 | NAP |
48 | Loan | 9, 10, 11, H | 1 | Bryna Court Owners Corp. | 0 | 0 | NAP |
49 | Loan | 9, 10, 11, H | 1 | 326-328 East 73rd Street Residents, Inc. | 0 | 0 | NAP |
50 | Loan | 9, 10, 11, H | 1 | 463 Summit Avenue Owners’, Inc. | 0 | 0 | NAP |
51 | Loan | 9, 11, H | 1 | Cedar Pond Owners, Inc. | 0 | 0 | NAP |
52 | Loan | 9, 10, 11, H | 1 | 33 Bleecker Street Corp. | 0 | 0 | NAP |
53 | Loan | 9, 10, 11, H | 1 | 148 East 84th Street Owners Corp. | 0 | 0 | NAP |
54 | Loan | 9, 11, H | 1 | 96 Perry Street Corp. | 0 | 0 | NAP |
55 | Loan | 9, 11, H | 1 | 418 St. Johns Place Owners Corp. | 0 | 0 | NAP |
56 | Loan | 9, 10, 11, H | 1 | 234 West 16th Street Owners Corp. | 0 | 0 | NAP |
A-1-11
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Lockbox Type | Cash Management | Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | Tenant Specific Excess Cash Trap Trigger (Y/N) | Pari Passu (Y/N) | Pari Passu in Trust Controlling (Y/N) | Trust Pari Passu Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Subordinate Companion Loan Cut-off Date Balance ($) |
1 | Loan | 5 | 1 | Concord Mills | Hard | Springing | Yes | Yes | Yes | Yes | 100,000,000 | 135,000,000 | 857,557.86 | 1,492,785.91 | NAP |
2 | Loan | 5 12, A | 1 | Constitution Center | Hard | Springing | Yes | No | Yes | No | 60,000,000 | 338,000,000 | 870,843.70 | 1,025,431.34 | 52,000,000 |
3 | Loan | 5, 13 | 1 | Millennium Boston Retail | Hard | Springing | Yes | Yes | Yes | NAP | 59,954,991 | 29,977,495 | 187,062.87 | 561,188.62 | NAP |
4 | Loan | 14 | 1 | 10 Java Street | Hard | Springing | No | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 15, 16, 17, B | 1 | Crossways Shopping Center | Hard | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP |
6 | Loan | 1 | Allendale Corporate Center | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | |
7 | Loan | 1 | Colonial Commons | Hard | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | |
8 | Loan | 5, 8, C | 1 | Pacific View | Hard | Springing | Yes | No | Yes | No | 42,000,000 | 30,000,000 | 166,405.15 | 399,372.35 | NAP |
9 | Loan | 5, 18 | 1 | One Campus Martius | Hard | Springing | Yes | Yes | Yes | No | 41,000,000 | 177,000,000 | 900,282.64 | 1,108,822.69 | NAP |
10 | Loan | 19 | 1 | Sabre Headquarters | Hard | In Place | No | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP |
11 | Loan | D | 1 | Potomac Festival I | Soft | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP |
12 | Loan | 5, 8 | 1 | Tanger Outlets Columbus | Hard | Springing | Yes | No | Yes | Yes | 39,050,000 | 31,950,000 | 168,757.94 | 375,017.64 | NAP |
13 | Loan | 5 | 1 | High Street | Hard | In Place | Yes | No | Yes | No | 38,395,000 | 100,000,000 | 452,194.44 | 625,814.50 | NAP |
14 | Loan | 6, 7 | 15 | ExchangeRight 59 | Hard | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP |
14.01 | Property | 1 | Mariano’s - Northbrook (Capital), IL | ||||||||||||
14.02 | Property | 1 | Walgreens - Durham (Holloway), NC | ||||||||||||
14.03 | Property | 1 | CVS Pharmacy- Robinson (Steubenville), PA | ||||||||||||
14.04 | Property | 1 | Walgreens - Eagle Pass ( Main), TX | ||||||||||||
14.05 | Property | 1 | CVS - Greenville (Main), OH | ||||||||||||
14.06 | Property | 1 | Tractor Supply Company - Carrollton (Park), GA | ||||||||||||
14.07 | Property | 1 | Fresenius - Dover (6th), NH | ||||||||||||
14.08 | Property | 1 | Dollar Tree - Forest Park (Roosevelt), IL | ||||||||||||
14.09 | Property | 1 | Dollar Tree - El Paso (Yarbrough), TX | ||||||||||||
14.10 | Property | 1 | Dollar Tree - Owensboro (Parrish), KY | ||||||||||||
14.11 | Property | 1 | Dollar General- Denham Springs (Lockhart), LA | ||||||||||||
14.12 | Property | 1 | Dollar General - Gary (Ridge), IN | ||||||||||||
14.13 | Property | 1 | Dollar General - Baltimore (Greenmount), MD | ||||||||||||
14.14 | Property | 1 | Dollar General - Addis (6th), LA | ||||||||||||
14.15 | Property | 1 | Dollar General - Richmond (H), IN | ||||||||||||
15 | Loan | 6, 20 | 3 | Traverse City Hotel Portfolio | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP |
15.01 | Property | 1 | Cambria | ||||||||||||
15.02 | Property | 1 | Comfort Inn | ||||||||||||
15.03 | Property | 1 | Best Western Plus | ||||||||||||
16 | Loan | 1 | Inn at 500 Capitol – Boise, ID | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | |
17 | Loan | E | 1 | 2470 2490 Paseo Verde Pkwy | Soft | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP |
18 | Loan | 1 | Hyatt Place – Anchorage, AK | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | |
19 | Loan | 1 | Gateway I Office | Hard | In Place | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | |
20 | Loan | 6 | 3 | Johnson County Office Portfolio | Hard | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP |
20.01 | Property | 1 | 8725-8735 Rosehill Road | ||||||||||||
20.02 | Property | 1 | 8700 State Line Road | ||||||||||||
20.03 | Property | 1 | 14425 College Blvd | ||||||||||||
21 | Loan | 1 | 535 Springfield Ave | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | |
22 | Loan | 1 | Rooney Ranch | Soft | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | |
23 | Loan | 1 | Hampton Inn & Suites – Santa Ynez Valley, Buellton, CA | Hard | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | |
24 | Loan | 1 | US Storage Center – Montrose, CA | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | |
25 | Loan | 21, 22 | 1 | 312 Broadway | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP |
26 | Loan | 23 | 1 | Del Ray II MHP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP |
27 | Loan | F | 1 | Old Barn Self Storage | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP |
28 | Loan | 24, G | 1 | Mountain Shadows MHC | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP |
29 | Loan | 1 | Lonestar Pavilion | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | |
30 | Loan | 25 | 1 | 54 West 47th St | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | 9, 10, 11, H | 1 | Harway Terrace, Inc. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 0 |
32 | Loan | 6, 26 | 2 | National Self Storage - ELP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP |
32.01 | Property | 1 | National Self Storage - ELP6 | ||||||||||||
32.02 | Property | 1 | National Self Storage - ELP5 | ||||||||||||
33 | Loan | 1 | 30 East Santa Clara | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | |
34 | Loan | 9, 10, 11, H | 1 | 230 Garth Road Owners, Inc. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 0 |
35 | Loan | 9, 10, 11, H | 1 | 1523 Central Park Avenue Owners, Inc. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 0 |
36 | Loan | 1 | Carlton Building | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | |
37 | Loan | 9, 10, 11, H | 1 | 185 Marine Ave. Tenants Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 0 |
38 | Loan | 27 | 1 | Willmott Self Storage | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP |
39 | Loan | 9, 10, 11, H | 1 | 296 Sterling Arms Owners Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 0 |
40 | Loan | 9, 10, 11, H | 1 | Capitol House Tenants Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 0 |
41 | Loan | 9, 10, 11, H | 1 | Clifton & Classon Apt. Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 0 |
42 | Loan | 9, 10, 11, H | 1 | 95 Park Terrace East Owners, Inc. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 0 |
43 | Loan | 9, 10, 11, H | 1 | 132 East 19th Street, Inc. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 0 |
44 | Loan | 9, 10, 11, H | 1 | 31-14 Owners Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 0 |
45 | Loan | 9, 10, 11, H | 1 | Fountain Gardens Owners Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 0 |
46 | Loan | 9, 11, H | 1 | Advance Homes Association, Inc. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | NAP |
47 | Loan | 9, 10, 11, H | 1 | 36 West 35th Apartment Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 0 |
48 | Loan | 9, 10, 11, H | 1 | Bryna Court Owners Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 0 |
49 | Loan | 9, 10, 11, H | 1 | 326-328 East 73rd Street Residents, Inc. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 0 |
50 | Loan | 9, 10, 11, H | 1 | 463 Summit Avenue Owners’, Inc. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 250,000 |
51 | Loan | 9, 11, H | 1 | Cedar Pond Owners, Inc. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | NAP |
52 | Loan | 9, 10, 11, H | 1 | 33 Bleecker Street Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 0 |
53 | Loan | 9, 10, 11, H | 1 | 148 East 84th Street Owners Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 0 |
54 | Loan | 9, 11, H | 1 | 96 Perry Street Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | NAP |
55 | Loan | 9, 11, H | 1 | 418 St. Johns Place Owners Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | NAP |
56 | Loan | 9, 10, 11, H | 1 | 234 West 16th Street Owners Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | 0 |
A-1-12
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) | Whole Loan Underwritten NCF DSCR (x) | Whole Loan Underwritten NOI Debt Yield (%) | Mezzanine Debt Cut-off Date Balance($) | Mezzanine Debt Interest Rate (%) | Total Debt Cut-off Date Balance ($) | Total Debt Monthly Debt Service ($) | Total Debt Cut-off Date LTV Ratio (%) | Total Debt Underwritten NCF DSCR (x) |
1 | Loan | 5 | 1 | Concord Mills | NAP | 235,000,000 | 1,492,785.91 | 39.8% | 2.02 | 16.0% | NAP | NAP | NAP | NAP | NAP | NAP |
2 | Loan | 5 12, A | 1 | Constitution Center | 3.92000% | 450,000,000 | 1,197,657.27 | 49.2% | 3.68 | 12.5% | NAP | NAP | NAP | NAP | NAP | NAP |
3 | Loan | 5, 13 | 1 | Millennium Boston Retail | NAP | 89,932,486 | 561,188.62 | 44.5% | 1.47 | 11.7% | NAP | NAP | NAP | NAP | NAP | NAP |
4 | Loan | 14 | 1 | 10 Java Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 15, 16, 17, B | 1 | Crossways Shopping Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6 | Loan | 1 | Allendale Corporate Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7 | Loan | 1 | Colonial Commons | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8 | Loan | 5, 8, C | 1 | Pacific View | NAP | 72,000,000 | 399,372.35 | 42.7% | 2.17 | 15.4% | NAP | NAP | NAP | NAP | NAP | NAP |
9 | Loan | 5, 18 | 1 | One Campus Martius | NAP | 218,000,000 | 1,108,822.69 | 60.1% | 1.74 | 11.5% | NAP | NAP | NAP | NAP | NAP | NAP |
10 | Loan | 19 | 1 | Sabre Headquarters | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11 | Loan | D | 1 | Potomac Festival I | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12 | Loan | 5, 8 | 1 | Tanger Outlets Columbus | NAP | 71,000,000 | 375,017.64 | 58.5% | 1.9 | 13.1% | NAP | NAP | NAP | NAP | NAP | NAP |
13 | Loan | 5 | 1 | High Street | NAP | 138,395,000 | 625,814.50 | 71.5% | 1.61 | 8.8% | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | 6, 7 | 15 | ExchangeRight 59 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14.01 | Property | 1 | Mariano’s - Northbrook (Capital), IL | |||||||||||||
14.02 | Property | 1 | Walgreens - Durham (Holloway), NC | |||||||||||||
14.03 | Property | 1 | CVS Pharmacy- Robinson (Steubenville), PA | |||||||||||||
14.04 | Property | 1 | Walgreens - Eagle Pass ( Main), TX | |||||||||||||
14.05 | Property | 1 | CVS - Greenville (Main), OH | |||||||||||||
14.06 | Property | 1 | Tractor Supply Company - Carrollton (Park), GA | |||||||||||||
14.07 | Property | 1 | Fresenius - Dover (6th), NH | |||||||||||||
14.08 | Property | 1 | Dollar Tree - Forest Park (Roosevelt), IL | |||||||||||||
14.09 | Property | 1 | Dollar Tree - El Paso (Yarbrough), TX | |||||||||||||
14.10 | Property | 1 | Dollar Tree - Owensboro (Parrish), KY | |||||||||||||
14.11 | Property | 1 | Dollar General- Denham Springs (Lockhart), LA | |||||||||||||
14.12 | Property | 1 | Dollar General - Gary (Ridge), IN | |||||||||||||
14.13 | Property | 1 | Dollar General - Baltimore (Greenmount), MD | |||||||||||||
14.14 | Property | 1 | Dollar General - Addis (6th), LA | |||||||||||||
14.15 | Property | 1 | Dollar General - Richmond (H), IN | |||||||||||||
15 | Loan | 6, 20 | 3 | Traverse City Hotel Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
15.01 | Property | 1 | Cambria | |||||||||||||
15.02 | Property | 1 | Comfort Inn | |||||||||||||
15.03 | Property | 1 | Best Western Plus | |||||||||||||
16 | Loan | 1 | Inn at 500 Capitol – Boise, ID | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
17 | Loan | E | 1 | 2470 2490 Paseo Verde Pkwy | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
18 | Loan | 1 | Hyatt Place – Anchorage, AK | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
19 | Loan | 1 | Gateway I Office | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
20 | Loan | 6 | 3 | Johnson County Office Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20.01 | Property | 1 | 8725-8735 Rosehill Road | |||||||||||||
20.02 | Property | 1 | 8700 State Line Road | |||||||||||||
20.03 | Property | 1 | 14425 College Blvd | |||||||||||||
21 | Loan | 1 | 535 Springfield Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
22 | Loan | 1 | Rooney Ranch | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
23 | Loan | 1 | Hampton Inn & Suites – Santa Ynez Valley, Buellton, CA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
24 | Loan | 1 | US Storage Center – Montrose, CA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
25 | Loan | 21, 22 | 1 | 312 Broadway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
26 | Loan | 23 | 1 | Del Ray II MHP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27 | Loan | F | 1 | Old Barn Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28 | Loan | 24, G | 1 | Mountain Shadows MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
29 | Loan | 1 | Lonestar Pavilion | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
30 | Loan | 25 | 1 | 54 West 47th St | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | 9, 10, 11, H | 1 | Harway Terrace, Inc. | greater of 3.50% or the Prime Rate | 8,492,221 | 47,413.11 | 6.6% | 9.73 | 66.9% | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 6, 26 | 2 | National Self Storage - ELP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32.01 | Property | 1 | National Self Storage - ELP6 | |||||||||||||
32.02 | Property | 1 | National Self Storage - ELP5 | |||||||||||||
33 | Loan | 1 | 30 East Santa Clara | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
34 | Loan | 9, 10, 11, H | 1 | 230 Garth Road Owners, Inc. | greater of 3.50% or the Prime Rate | 8,991,005 | 42,981.84 | 9.0% | 10.28 | 60.3% | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | 9, 10, 11, H | 1 | 1523 Central Park Avenue Owners, Inc. | greater of 3.50% or the Prime Rate | 7,796,352 | 37,620.95 | 27.4% | 5.22 | 30.6% | NAP | NAP | NAP | NAP | NAP | NAP |
36 | Loan | 1 | Carlton Building | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
37 | Loan | 9, 10, 11, H | 1 | 185 Marine Ave. Tenants Corp. | greater of 3.75% or Prime Rate +0.25% | 3,350,000 | 16,407.25 | 17.3% | 2.82 | 16.9% | NAP | NAP | NAP | NAP | NAP | NAP |
38 | Loan | 27 | 1 | Willmott Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
39 | Loan | 9, 10, 11, H | 1 | 296 Sterling Arms Owners Corp. | greater of 3.70% or the Prime Rate | 3,200,000 | 14,959.09 | 11.3% | 3.8 | 21.6% | NAP | NAP | NAP | NAP | NAP | NAP |
40 | Loan | 9, 10, 11, H | 1 | Capitol House Tenants Corp. | greater of 3.50% or the Prime Rate | 3,198,757 | 16,182.44 | 15.7% | 7.22 | 44.5% | NAP | NAP | NAP | NAP | NAP | NAP |
41 | Loan | 9, 10, 11, H | 1 | Clifton & Classon Apt. Corp. | greater of 3.75% or Prime Rate +0.25% | 2,946,959 | 15,457.45 | 7.0% | 7.14 | 45.3% | NAP | NAP | NAP | NAP | NAP | NAP |
42 | Loan | 9, 10, 11, H | 1 | 95 Park Terrace East Owners, Inc. | greater of 3.70% or the Prime Rate | 3,000,000 | 13,053.82 | 14.7% | 3.96 | 21.1% | NAP | NAP | NAP | NAP | NAP | NAP |
43 | Loan | 9, 10, 11, H | 1 | 132 East 19th Street, Inc. | greater of 3.70% or the Prime Rate | 2,750,000 | 12,905.97 | 8.1% | 4.13 | 23.4% | NAP | NAP | NAP | NAP | NAP | NAP |
44 | Loan | 9, 10, 11, H | 1 | 31-14 Owners Corp. | greater of 3.50% or the Prime Rate | 2,700,000 | 15,520.90 | 17.9% | 3.64 | 25.6% | NAP | NAP | NAP | NAP | NAP | NAP |
45 | Loan | 9, 10, 11, H | 1 | Fountain Gardens Owners Corp. | greater of 3.50% or the Prime Rate | 2,249,127 | 11,183.36 | 13.5% | 7.31 | 44.1% | NAP | NAP | NAP | NAP | NAP | NAP |
46 | Loan | 9, 11, H | 1 | Advance Homes Association, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
47 | Loan | 9, 10, 11, H | 1 | 36 West 35th Apartment Corp. | greater of 3.65% or the Prime Rate | 1,698,421 | 9,145.16 | 8.4% | 7.29 | 47.5% | NAP | NAP | NAP | NAP | NAP | NAP |
48 | Loan | 9, 10, 11, H | 1 | Bryna Court Owners Corp. | greater of 3.75% or Prime Rate +0.25% | 1,696,589 | 9,141.54 | 10.7% | 4.13 | 27.0% | NAP | NAP | NAP | NAP | NAP | NAP |
49 | Loan | 9, 10, 11, H | 1 | 326-328 East 73rd Street Residents, Inc. | greater of 3.75% or Prime Rate +0.25% | 1,895,139 | 10,377.91 | 11.5% | 5.14 | 34.2% | NAP | NAP | NAP | NAP | NAP | NAP |
50 | Loan | 9, 10, 11, H | 1 | 463 Summit Avenue Owners’, Inc. | greater of 3.70% or the Prime Rate | 1,700,000 | 7,740.20 | 19.2% | 4.67 | 27.1% | NAP | NAP | NAP | NAP | NAP | NAP |
51 | Loan | 9, 11, H | 1 | Cedar Pond Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
52 | Loan | 9, 10, 11, H | 1 | 33 Bleecker Street Corp. | greater of 3.75% or Prime Rate +0.25% | 1,497,191 | 7,979.87 | 4.9% | 8.37 | 54.6% | NAP | NAP | NAP | NAP | NAP | NAP |
53 | Loan | 9, 10, 11, H | 1 | 148 East 84th Street Owners Corp. | greater of 4.00% or the Prime Rate | 1,348,185 | 6,762.28 | 13.8% | 4.63 | 28.0% | NAP | NAP | NAP | NAP | NAP | NAP |
54 | Loan | 9, 11, H | 1 | 96 Perry Street Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
55 | Loan | 9, 11, H | 1 | 418 St. Johns Place Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
56 | Loan | 9, 10, 11, H | 1 | 234 West 16th Street Owners Corp. | greater of 3.90% or the Prime Rate | 1,199,658 | 6,530.41 | 10.1% | 5.09 | 33.9% | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-13
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) | Future Debt Permitted Type | Sponsor |
1 | Loan | 5 | 1 | Concord Mills | NAP | No | NAP | SPG LP |
2 | Loan | 5 12, A | 1 | Constitution Center | NAP | No | NAP | MetLife, Inc. and New York Common Retirement Fund |
3 | Loan | 5, 13 | 1 | Millennium Boston Retail | NAP | No | NAP | Millennium Partners |
4 | Loan | 14 | 1 | 10 Java Street | NAP | No | NAP | Kenneth Chan |
5 | Loan | 15, 16, 17, B | 1 | Crossways Shopping Center | NAP | No | NAP | Schottenstein Realty LLC |
6 | Loan | 1 | Allendale Corporate Center | NAP | Yes | Mezzanine | Anthony M. Laino and Paul J. Laino | |
7 | Loan | 1 | Colonial Commons | NAP | No | NAP | Ramesh Bathini | |
8 | Loan | 5, 8, C | 1 | Pacific View | NAP | No | NAP | The Macerich Company |
9 | Loan | 5, 18 | 1 | One Campus Martius | NAP | No | NAP | Bedrock Detroit |
10 | Loan | 19 | 1 | Sabre Headquarters | NAP | Yes | Subordinate Unsecured | David Placek, BDP Holdings LLC and Placek Enterprises LLC |
11 | Loan | D | 1 | Potomac Festival I | NAP | No | NAP | Gary D. Rappaport |
12 | Loan | 5, 8 | 1 | Tanger Outlets Columbus | NAP | No | NAP | Simon Property Group, L.P. and Tanger Properties Limited Partnership |
13 | Loan | 5 | 1 | High Street | NAP | No | NAP | ScanlanKemperBard Companies, LLC, Todd M. Gooding, James V. Paul, Gary J. Rood, and Gary J. Rood and Christine C. Rood as Co-Trustees of the Rood Family Trust U/T/A Dated September 8, 2005 |
14 | Loan | 6, 7 | 15 | ExchangeRight 59 | NAP | No | NAP | David Fisher, Joshua Ungerecht and Warren Thomas |
14.01 | Property | 1 | Mariano’s - Northbrook (Capital), IL | |||||
14.02 | Property | 1 | Walgreens - Durham (Holloway), NC | |||||
14.03 | Property | 1 | CVS Pharmacy- Robinson (Steubenville), PA | |||||
14.04 | Property | 1 | Walgreens - Eagle Pass ( Main), TX | |||||
14.05 | Property | 1 | CVS - Greenville (Main), OH | |||||
14.06 | Property | 1 | Tractor Supply Company - Carrollton (Park), GA | |||||
14.07 | Property | 1 | Fresenius - Dover (6th), NH | |||||
14.08 | Property | 1 | Dollar Tree - Forest Park (Roosevelt), IL | |||||
14.09 | Property | 1 | Dollar Tree - El Paso (Yarbrough), TX | |||||
14.10 | Property | 1 | Dollar Tree - Owensboro (Parrish), KY | |||||
14.11 | Property | 1 | Dollar General- Denham Springs (Lockhart), LA | |||||
14.12 | Property | 1 | Dollar General - Gary (Ridge), IN | |||||
14.13 | Property | 1 | Dollar General - Baltimore (Greenmount), MD | |||||
14.14 | Property | 1 | Dollar General - Addis (6th), LA | |||||
14.15 | Property | 1 | Dollar General - Richmond (H), IN | |||||
15 | Loan | 6, 20 | 3 | Traverse City Hotel Portfolio | NAP | No | NAP | Alexander G. Mowczan and Frederick A. Hackl |
15.01 | Property | 1 | Cambria | |||||
15.02 | Property | 1 | Comfort Inn | |||||
15.03 | Property | 1 | Best Western Plus | |||||
16 | Loan | 1 | Inn at 500 Capitol – Boise, ID | NAP | Yes | Mezzanine | Obie Companies Incorporated | |
17 | Loan | E | 1 | 2470 2490 Paseo Verde Pkwy | NAP | No | NAP | Christopher L. Emanuel |
18 | Loan | 1 | Hyatt Place – Anchorage, AK | NAP | No | NAP | Michael C. Bingham | |
19 | Loan | 1 | Gateway I Office | NAP | No | NAP | James V. Pieri | |
20 | Loan | 6 | 3 | Johnson County Office Portfolio | NAP | No | NAP | Zachary D. Batson |
20.01 | Property | 1 | 8725-8735 Rosehill Road | |||||
20.02 | Property | 1 | 8700 State Line Road | |||||
20.03 | Property | 1 | 14425 College Blvd | |||||
21 | Loan | 1 | 535 Springfield Ave | NAP | No | NAP | David T. Welsh and Mark R. Yeager | |
22 | Loan | 1 | Rooney Ranch | NAP | No | NAP | Scott T. Archer, David S. Coia and Daniel L. Vietto | |
23 | Loan | 1 | Hampton Inn & Suites – Santa Ynez Valley, Buellton, CA | NAP | No | NAP | James M. Flagg and Steven L. Hughes | |
24 | Loan | 1 | US Storage Center – Montrose, CA | NAP | No | NAP | Westport Properties, Inc. | |
25 | Loan | 21, 22 | 1 | 312 Broadway | NAP | No | NAP | Mohammad Billah |
26 | Loan | 23 | 1 | Del Ray II MHP | NAP | No | NAP | Brooke Torres and Christian Torres |
27 | Loan | F | 1 | Old Barn Self Storage | NAP | No | NAP | Gregory J. Drennan, Timothy E. Wright, Kenneth M. Pratt and Kenneth Pratt and Cynthia Pratt Family Trust |
28 | Loan | 24, G | 1 | Mountain Shadows MHC | NAP | No | NAP | Cirrus Group LLC |
29 | Loan | 1 | Lonestar Pavilion | NAP | No | NAP | Edward Urlik | |
30 | Loan | 25 | 1 | 54 West 47th St | NAP | No | NAP | Angel Ross |
31 | Loan | 9, 10, 11, H | 1 | Harway Terrace, Inc. | NAP | Yes | Unsecured | NAP |
32 | Loan | 6, 26 | 2 | National Self Storage - ELP | NAP | No | NAP | Travis M. Morrow, Robert H. Schoff, Robert H. Schoff Revocable Trust Dated August 6, 2002 and Restated March 24, 2016, Wyatt Campbell and Donald R. Clausen |
32.01 | Property | 1 | National Self Storage - ELP6 | |||||
32.02 | Property | 1 | National Self Storage - ELP5 | |||||
33 | Loan | 1 | 30 East Santa Clara | NAP | No | NAP | Jeff Arrillaga, Gary Dillabough and Brad Buss | |
34 | Loan | 9, 10, 11, H | 1 | 230 Garth Road Owners, Inc. | NAP | Yes | Unsecured | NAP |
35 | Loan | 9, 10, 11, H | 1 | 1523 Central Park Avenue Owners, Inc. | NAP | Yes | Unsecured | NAP |
36 | Loan | 1 | Carlton Building | NAP | No | NAP | Roberson Building Company | |
37 | Loan | 9, 10, 11, H | 1 | 185 Marine Ave. Tenants Corp. | NAP | Yes | Unsecured | NAP |
38 | Loan | 27 | 1 | Willmott Self Storage | NAP | No | NAP | James R. Patterson |
39 | Loan | 9, 10, 11, H | 1 | 296 Sterling Arms Owners Corp. | NAP | Yes | Unsecured | NAP |
40 | Loan | 9, 10, 11, H | 1 | Capitol House Tenants Corp. | NAP | Yes | Unsecured | NAP |
41 | Loan | 9, 10, 11, H | 1 | Clifton & Classon Apt. Corp. | NAP | Yes | Unsecured | NAP |
42 | Loan | 9, 10, 11, H | 1 | 95 Park Terrace East Owners, Inc. | NAP | Yes | Unsecured | NAP |
43 | Loan | 9, 10, 11, H | 1 | 132 East 19th Street, Inc. | NAP | Yes | Unsecured | NAP |
44 | Loan | 9, 10, 11, H | 1 | 31-14 Owners Corp. | NAP | Yes | Unsecured | NAP |
45 | Loan | 9, 10, 11, H | 1 | Fountain Gardens Owners Corp. | NAP | Yes | Unsecured | NAP |
46 | Loan | 9, 11, H | 1 | Advance Homes Association, Inc. | NAP | Yes | Unsecured | NAP |
47 | Loan | 9, 10, 11, H | 1 | 36 West 35th Apartment Corp. | NAP | Yes | Unsecured | NAP |
48 | Loan | 9, 10, 11, H | 1 | Bryna Court Owners Corp. | NAP | Yes | Unsecured | NAP |
49 | Loan | 9, 10, 11, H | 1 | 326-328 East 73rd Street Residents, Inc. | NAP | Yes | Unsecured | NAP |
50 | Loan | 9, 10, 11, H | 1 | 463 Summit Avenue Owners’, Inc. | NAP | Yes | Unsecured | NAP |
51 | Loan | 9, 11, H | 1 | Cedar Pond Owners, Inc. | NAP | Yes | Unsecured | NAP |
52 | Loan | 9, 10, 11, H | 1 | 33 Bleecker Street Corp. | NAP | Yes | Unsecured | NAP |
53 | Loan | 9, 10, 11, H | 1 | 148 East 84th Street Owners Corp. | NAP | Yes | Unsecured | NAP |
54 | Loan | 9, 11, H | 1 | 96 Perry Street Corp. | NAP | Yes | Unsecured | NAP |
55 | Loan | 9, 11, H | 1 | 418 St. Johns Place Owners Corp. | NAP | Yes | Unsecured | NAP |
56 | Loan | 9, 10, 11, H | 1 | 234 West 16th Street Owners Corp. | NAP | Yes | Unsecured | NAP |
A-1-14
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Non-Recourse Carveout Guarantor | Delaware Statutory Trust (Y/N) | Tenants-in-common (Y/N) | Loan Purpose | Property Located Within a Qualified Opportunity Zone (Y/N) | Sources: Loan Amount ($) | Sources: Principal’s New Cash Contribution ($) |
1 | Loan | 5 | 1 | Concord Mills | Simon Property Group, L.P. | No | No | Refinance | 235,000,000 | 2,182,600 | |
2 | Loan | 5 12, A | 1 | Constitution Center | NAP | No | No | Refinance | 398,000,000 | 0 | |
3 | Loan | 5, 13 | 1 | Millennium Boston Retail | Millennium CAF II LLC | No | No | Refinance | 90,000,000 | 1,310,524 | |
4 | Loan | 14 | 1 | 10 Java Street | Kenneth Chan | No | No | Refinance | 50,000,000 | 0 | |
5 | Loan | 15, 16, 17, B | 1 | Crossways Shopping Center | Schottenstein Realty LLC | No | No | Refinance | 49,500,000 | 0 | |
6 | Loan | 1 | Allendale Corporate Center | Michael E. Laino 2012 Family Trust, Arlene Laino 2012 Family Trust, Anthony M. Laino, Paul J. Laino, Marianne Laino 2012 Family Trust and Anthony M. Laino 2012 Family Trust | No | No | Refinance | 44,000,000 | 0 | ||
7 | Loan | 1 | Colonial Commons | Ramesh Bathini | No | No | Acquisition | 44,000,000 | 26,397,166 | ||
8 | Loan | 5, 8, C | 1 | Pacific View | The Macerich Partnership, L.P. | No | No | Refinance | 72,000,000 | 39,631,693 | |
9 | Loan | 5, 18 | 1 | One Campus Martius | Rock Backer LLC | No | No | Refinance | 218,000,000 | 0 | |
10 | Loan | 19 | 1 | Sabre Headquarters | David Placek, BDP Holdings, LLC and Placek Enterprises LLC | Yes | No | Acquisition | 40,000,000 | 41,564,915 | |
11 | Loan | D | 1 | Potomac Festival I | Gary D. Rappaport and The Gary D. Rappaport Revocable Trust | No | No | Recapitalization | 40,000,000 | 1,420,312 | |
12 | Loan | 5, 8 | 1 | Tanger Outlets Columbus | Simon Property Group, L.P. and Tanger Properties Limited Partnership | No | No | Refinance | 71,000,000 | 733,943 | |
13 | Loan | 5 | 1 | High Street | ScanlanKemperBard Companies, LLC, Todd M. Gooding, James V. Paul, Gary J. Rood, and Gary J. Rood and Christine C. Rood as Co-Trustees of the Rood Family Trust U/T/A Dated September 8, 2005 | No | Yes | Acquisition | 138,395,000 | 73,306,459 | |
14 | Loan | 6, 7 | 15 | ExchangeRight 59 | David Fisher, Joshua Ungerecht and Warren Thomas | Yes | No | Acquisition | 36,000,000 | 53,244,800 | |
14.01 | Property | 1 | Mariano’s - Northbrook (Capital), IL | ||||||||
14.02 | Property | 1 | Walgreens - Durham (Holloway), NC | ||||||||
14.03 | Property | 1 | CVS Pharmacy- Robinson (Steubenville), PA | ||||||||
14.04 | Property | 1 | Walgreens - Eagle Pass ( Main), TX | ||||||||
14.05 | Property | 1 | CVS - Greenville (Main), OH | ||||||||
14.06 | Property | 1 | Tractor Supply Company - Carrollton (Park), GA | ||||||||
14.07 | Property | 1 | Fresenius - Dover (6th), NH | ||||||||
14.08 | Property | 1 | Dollar Tree - Forest Park (Roosevelt), IL | ||||||||
14.09 | Property | 1 | Dollar Tree - El Paso (Yarbrough), TX | ||||||||
14.10 | Property | 1 | Dollar Tree - Owensboro (Parrish), KY | ||||||||
14.11 | Property | 1 | Dollar General- Denham Springs (Lockhart), LA | ||||||||
14.12 | Property | 1 | Dollar General - Gary (Ridge), IN | ||||||||
14.13 | Property | 1 | Dollar General - Baltimore (Greenmount), MD | ||||||||
14.14 | Property | 1 | Dollar General - Addis (6th), LA | ||||||||
14.15 | Property | 1 | Dollar General - Richmond (H), IN | ||||||||
15 | Loan | 6, 20 | 3 | Traverse City Hotel Portfolio | Alexander G. Mowczan and Frederick A. Hackl | No | No | Refinance | 23,500,000 | 0 | |
15.01 | Property | 1 | Cambria | ||||||||
15.02 | Property | 1 | Comfort Inn | ||||||||
15.03 | Property | 1 | Best Western Plus | ||||||||
16 | Loan | 1 | Inn at 500 Capitol – Boise, ID | Obie Companies Incorporated | No | No | Refinance | ||||
17 | Loan | E | 1 | 2470 2490 Paseo Verde Pkwy | Christopher L. Emanuel | No | No | Acquisition | |||
18 | Loan | 1 | Hyatt Place – Anchorage, AK | Bingham Securities, LLC | No | No | Refinance | ||||
19 | Loan | 1 | Gateway I Office | James V. Pieri | No | No | Refinance | ||||
20 | Loan | 6 | 3 | Johnson County Office Portfolio | Zachary D. Batson | No | No | Acquisition | |||
20.01 | Property | 1 | 8725-8735 Rosehill Road | ||||||||
20.02 | Property | 1 | 8700 State Line Road | ||||||||
20.03 | Property | 1 | 14425 College Blvd | ||||||||
21 | Loan | 1 | 535 Springfield Ave | David T. Welsh and Mark R. Yeager | No | No | Refinance | ||||
22 | Loan | 1 | Rooney Ranch | Scott T. Archer, Carol Archer, David S. Coia, Daniel L. Vietto and Karen Vietto | No | No | Refinance | ||||
23 | Loan | 1 | Hampton Inn & Suites – Santa Ynez Valley, Buellton, CA | James M. Flagg and Steven L. Hughes | No | No | Refinance | ||||
24 | Loan | 1 | US Storage Center – Montrose, CA | Hoeven Family Partnership, L.P., Ira N. Mendelsohn Trust Dated November 3, 1981 and Ira Mendelsohn | No | No | Refinance | ||||
25 | Loan | 21, 22 | 1 | 312 Broadway | Mohammad Motasim Billah, Mohammad Wasim Billah, Marzuq Mohammad Billah, The Mohammad W. Billah Family 2016 Irrevocable Trust and The Marzuq M. Billah Family 2016 Irrevocable Trust | No | No | Refinance | |||
26 | Loan | 23 | 1 | Del Ray II MHP | Brooke Torres and Christian Torres | No | No | Refinance | |||
27 | Loan | F | 1 | Old Barn Self Storage | Gregory J. Drennan, Timothy E. Wright, Kenneth M. Pratt and Kenneth Pratt and Cynthia Pratt Family Trust | No | No | Refinance | |||
28 | Loan | 24, G | 1 | Mountain Shadows MHC | Cirrus Group LLC | No | No | Refinance | |||
29 | Loan | 1 | Lonestar Pavilion | Edward Urlik | No | No | Acquisition | ||||
30 | Loan | 25 | 1 | 54 West 47th St | Angel Ross | No | No | Refinance | |||
31 | Loan | 9, 10, 11, H | 1 | Harway Terrace, Inc. | NAP | No | No | Refinance | |||
32 | Loan | 6, 26 | 2 | National Self Storage - ELP | Travis M. Morrow, Robert H. Schoff, Robert H. Schoff Revocable Trust Dated August 6, 2002 and Restated March 24, 2016, Wyatt Campbell and Donald R. Clausen | No | Yes | Acquisition | |||
32.01 | Property | 1 | National Self Storage - ELP6 | ||||||||
32.02 | Property | 1 | National Self Storage - ELP5 | ||||||||
33 | Loan | 1 | 30 East Santa Clara | Jeff Arrillaga, Gary Dillabough and Brad Buss | No | No | Refinance | ||||
34 | Loan | 9, 10, 11, H | 1 | 230 Garth Road Owners, Inc. | NAP | No | No | Refinance | |||
35 | Loan | 9, 10, 11, H | 1 | 1523 Central Park Avenue Owners, Inc. | NAP | No | No | Refinance | |||
36 | Loan | 1 | Carlton Building | Sylvia Anne Roberson | No | No | Refinance | ||||
37 | Loan | 9, 10, 11, H | 1 | 185 Marine Ave. Tenants Corp. | NAP | No | No | Refinance | |||
38 | Loan | 27 | 1 | Willmott Self Storage | James R. Patterson | No | No | Refinance | |||
39 | Loan | 9, 10, 11, H | 1 | 296 Sterling Arms Owners Corp. | NAP | No | No | Refinance | |||
40 | Loan | 9, 10, 11, H | 1 | Capitol House Tenants Corp. | NAP | No | No | Refinance | |||
41 | Loan | 9, 10, 11, H | 1 | Clifton & Classon Apt. Corp. | NAP | No | No | Refinance | |||
42 | Loan | 9, 10, 11, H | 1 | 95 Park Terrace East Owners, Inc. | NAP | No | No | Refinance | |||
43 | Loan | 9, 10, 11, H | 1 | 132 East 19th Street, Inc. | NAP | No | No | Refinance | |||
44 | Loan | 9, 10, 11, H | 1 | 31-14 Owners Corp. | NAP | No | No | Refinance | |||
45 | Loan | 9, 10, 11, H | 1 | Fountain Gardens Owners Corp. | NAP | No | No | Refinance | |||
46 | Loan | 9, 11, H | 1 | Advance Homes Association, Inc. | NAP | No | No | Recapitalization | |||
47 | Loan | 9, 10, 11, H | 1 | 36 West 35th Apartment Corp. | NAP | No | No | Refinance | |||
48 | Loan | 9, 10, 11, H | 1 | Bryna Court Owners Corp. | NAP | No | No | Refinance | |||
49 | Loan | 9, 10, 11, H | 1 | 326-328 East 73rd Street Residents, Inc. | NAP | No | No | Refinance | |||
50 | Loan | 9, 10, 11, H | 1 | 463 Summit Avenue Owners’, Inc. | NAP | No | No | Refinance | |||
51 | Loan | 9, 11, H | 1 | Cedar Pond Owners, Inc. | NAP | No | No | Refinance | |||
52 | Loan | 9, 10, 11, H | 1 | 33 Bleecker Street Corp. | NAP | No | No | Refinance | |||
53 | Loan | 9, 10, 11, H | 1 | 148 East 84th Street Owners Corp. | NAP | No | No | Refinance | |||
54 | Loan | 9, 11, H | 1 | 96 Perry Street Corp. | NAP | No | No | Refinance | |||
55 | Loan | 9, 11, H | 1 | 418 St. Johns Place Owners Corp. | NAP | No | No | Refinance | |||
56 | Loan | 9, 10, 11, H | 1 | 234 West 16th Street Owners Corp. | NAP | No | No | Refinance |
A-1-15
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) | Uses: Loan Payoff ($) | Uses: Purchase Price ($) | Uses: Closing Costs ($) | Uses: Reserves ($) | Uses: Principal Equity Distribution ($) | Uses: Other Uses ($) | Uses: Total Uses ($) | Franchise Agreement Expiration | Underwritten ADR ($) | Underwritten RevPAR ($) | Underwritten Hotel Occupancy (%) | Most Recent ADR ($) |
1 | Loan | 5 | 1 | Concord Mills | 0 | 0 | 237,182,600 | 235,777,688 | 0 | 569,911 | 835,000 | 0 | 0 | 237,182,600 | NAP | NAP | NAP | NAP | NAP |
2 | Loan | 5 12, A | 1 | Constitution Center | 52,000,000 | 0 | 450,000,000 | 372,749,794 | 0 | 3,078,877 | 14,759,288 | 59,412,042 | 0 | 450,000,000 | NAP | NAP | NAP | NAP | NAP |
3 | Loan | 5, 13 | 1 | Millennium Boston Retail | 0 | 0 | 91,310,524 | 89,864,937 | 0 | 1,445,586 | 0 | 0 | 0 | 91,310,524 | NAP | NAP | NAP | NAP | NAP |
4 | Loan | 14 | 1 | 10 Java Street | 0 | 0 | 50,000,000 | 34,342,055 | 0 | 1,755,571 | 0 | 13,902,374 | 0 | 50,000,000 | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 15, 16, 17, B | 1 | Crossways Shopping Center | 0 | 0 | 49,500,000 | 30,267,712 | 0 | 808,918 | 2,620,773 | 15,802,598 | 0 | 49,500,000 | NAP | NAP | NAP | NAP | NAP |
6 | Loan | 1 | Allendale Corporate Center | 0 | 0 | 44,000,000 | 33,561,388 | 0 | 1,728,346 | 2,977,163 | 5,733,103 | 0 | 44,000,000 | NAP | NAP | NAP | NAP | NAP | |
7 | Loan | 1 | Colonial Commons | 0 | 0 | 70,397,166 | 0 | 67,500,000 | 2,076,926 | 820,240 | 0 | 0 | 70,397,166 | NAP | NAP | NAP | NAP | NAP | |
8 | Loan | 5, 8, C | 1 | Pacific View | 0 | 0 | 111,631,693 | 110,648,828 | 0 | 982,865 | 0 | 0 | 0 | 111,631,693 | NAP | NAP | NAP | NAP | NAP |
9 | Loan | 5, 18 | 1 | One Campus Martius | 0 | 0 | 218,000,000 | 187,609,949 | 0 | 1,363,413 | 9,305,766 | 19,720,871 | 0 | 218,000,000 | NAP | NAP | NAP | NAP | NAP |
10 | Loan | 19 | 1 | Sabre Headquarters | 0 | 0 | 81,564,915 | 0 | 76,500,000 | 1,902,284 | 3,162,631 | 0 | 0 | 81,564,915 | NAP | NAP | NAP | NAP | NAP |
11 | Loan | D | 1 | Potomac Festival I | 0 | 0 | 41,420,312 | 23,570,488 | 0 | 437,723 | 4,534,483 | 12,877,618 | 0 | 41,420,312 | NAP | NAP | NAP | NAP | NAP |
12 | Loan | 5, 8 | 1 | Tanger Outlets Columbus | 0 | 0 | 71,733,943 | 71,183,233 | 0 | 550,710 | 0 | 0 | 0 | 71,733,943 | NAP | NAP | NAP | NAP | NAP |
13 | Loan | 5 | 1 | High Street | 0 | 0 | 211,701,459 | 0 | 192,103,940 | 1,577,292 | 18,020,228 | 0 | 0 | 211,701,459 | NAP | NAP | NAP | NAP | NAP |
14 | Loan | 6, 7 | 15 | ExchangeRight 59 | 0 | 0 | 89,244,800 | 0 | 85,959,453 | 2,575,722 | 709,625 | 0 | 0 | 89,244,800 | NAP | NAP | NAP | NAP | NAP |
14.01 | Property | 1 | Mariano’s - Northbrook (Capital), IL | NAP | NAP | NAP | NAP | NAP | |||||||||||
14.02 | Property | 1 | Walgreens - Durham (Holloway), NC | NAP | NAP | NAP | NAP | NAP | |||||||||||
14.03 | Property | 1 | CVS Pharmacy- Robinson (Steubenville), PA | NAP | NAP | NAP | NAP | NAP | |||||||||||
14.04 | Property | 1 | Walgreens - Eagle Pass ( Main), TX | NAP | NAP | NAP | NAP | NAP | |||||||||||
14.05 | Property | 1 | CVS - Greenville (Main), OH | NAP | NAP | NAP | NAP | NAP | |||||||||||
14.06 | Property | 1 | Tractor Supply Company - Carrollton (Park), GA | NAP | NAP | NAP | NAP | NAP | |||||||||||
14.07 | Property | 1 | Fresenius - Dover (6th), NH | NAP | NAP | NAP | NAP | NAP | |||||||||||
14.08 | Property | 1 | Dollar Tree - Forest Park (Roosevelt), IL | NAP | NAP | NAP | NAP | NAP | |||||||||||
14.09 | Property | 1 | Dollar Tree - El Paso (Yarbrough), TX | NAP | NAP | NAP | NAP | NAP | |||||||||||
14.10 | Property | 1 | Dollar Tree - Owensboro (Parrish), KY | NAP | NAP | NAP | NAP | NAP | |||||||||||
14.11 | Property | 1 | Dollar General- Denham Springs (Lockhart), LA | NAP | NAP | NAP | NAP | NAP | |||||||||||
14.12 | Property | 1 | Dollar General - Gary (Ridge), IN | NAP | NAP | NAP | NAP | NAP | |||||||||||
14.13 | Property | 1 | Dollar General - Baltimore (Greenmount), MD | NAP | NAP | NAP | NAP | NAP | |||||||||||
14.14 | Property | 1 | Dollar General - Addis (6th), LA | NAP | NAP | NAP | NAP | NAP | |||||||||||
14.15 | Property | 1 | Dollar General - Richmond (H), IN | NAP | NAP | NAP | NAP | NAP | |||||||||||
15 | Loan | 6, 20 | 3 | Traverse City Hotel Portfolio | 0 | 0 | 23,500,000 | 14,577,940 | 0 | 803,917 | 1,223,224 | 6,894,920 | 0 | 23,500,000 | Various | 176.37 | 123.88 | 70.4% | 176.37 |
15.01 | Property | 1 | Cambria | 6/1/2029 | 190.86 | 133.07 | 69.7% | 190.86 | |||||||||||
15.02 | Property | 1 | Comfort Inn | 12/26/2027 | 161.31 | 112.81 | 69.9% | 161.31 | |||||||||||
15.03 | Property | 1 | Best Western Plus | 11/30/2023 | 168.63 | 120.71 | 71.6% | 168.63 | |||||||||||
16 | Loan | 1 | Inn at 500 Capitol – Boise, ID | NAP | 264.24 | 167.98 | 63.6% | 264.53 | |||||||||||
17 | Loan | E | 1 | 2470 2490 Paseo Verde Pkwy | NAP | NAP | NAP | NAP | NAP | ||||||||||
18 | Loan | 1 | Hyatt Place – Anchorage, AK | 5/1/2044 | 193.61 | 150.51 | 77.7% | 193.61 | |||||||||||
19 | Loan | 1 | Gateway I Office | NAP | NAP | NAP | NAP | NAP | |||||||||||
20 | Loan | 6 | 3 | Johnson County Office Portfolio | NAP | NAP | NAP | NAP | NAP | ||||||||||
20.01 | Property | 1 | 8725-8735 Rosehill Road | NAP | NAP | NAP | NAP | NAP | |||||||||||
20.02 | Property | 1 | 8700 State Line Road | NAP | NAP | NAP | NAP | NAP | |||||||||||
20.03 | Property | 1 | 14425 College Blvd | NAP | NAP | NAP | NAP | NAP | |||||||||||
21 | Loan | 1 | 535 Springfield Ave | NAP | NAP | NAP | NAP | NAP | |||||||||||
22 | Loan | 1 | Rooney Ranch | NAP | NAP | NAP | NAP | NAP | |||||||||||
23 | Loan | 1 | Hampton Inn & Suites – Santa Ynez Valley, Buellton, CA | 1/31/2037 | 211.29 | 138.92 | 65.8% | 207.35 | |||||||||||
24 | Loan | 1 | US Storage Center – Montrose, CA | NAP | NAP | NAP | NAP | NAP | |||||||||||
25 | Loan | 21, 22 | 1 | 312 Broadway | NAP | NAP | NAP | NAP | NAP | ||||||||||
26 | Loan | 23 | 1 | Del Ray II MHP | NAP | NAP | NAP | NAP | NAP | ||||||||||
27 | Loan | F | 1 | Old Barn Self Storage | NAP | NAP | NAP | NAP | NAP | ||||||||||
28 | Loan | 24, G | 1 | Mountain Shadows MHC | NAP | NAP | NAP | NAP | NAP | ||||||||||
29 | Loan | 1 | Lonestar Pavilion | NAP | NAP | NAP | NAP | NAP | |||||||||||
30 | Loan | 25 | 1 | 54 West 47th St | NAP | NAP | NAP | NAP | NAP | ||||||||||
31 | Loan | 9, 10, 11, H | 1 | Harway Terrace, Inc. | NAP | NAP | NAP | NAP | NAP | ||||||||||
32 | Loan | 6, 26 | 2 | National Self Storage - ELP | NAP | NAP | NAP | NAP | NAP | ||||||||||
32.01 | Property | 1 | National Self Storage - ELP6 | NAP | NAP | NAP | NAP | NAP | |||||||||||
32.02 | Property | 1 | National Self Storage - ELP5 | NAP | NAP | NAP | NAP | NAP | |||||||||||
33 | Loan | 1 | 30 East Santa Clara | NAP | NAP | NAP | NAP | NAP | |||||||||||
34 | Loan | 9, 10, 11, H | 1 | 230 Garth Road Owners, Inc. | NAP | NAP | NAP | NAP | NAP | ||||||||||
35 | Loan | 9, 10, 11, H | 1 | 1523 Central Park Avenue Owners, Inc. | NAP | NAP | NAP | NAP | NAP | ||||||||||
36 | Loan | 1 | Carlton Building | NAP | NAP | NAP | NAP | NAP | |||||||||||
37 | Loan | 9, 10, 11, H | 1 | 185 Marine Ave. Tenants Corp. | NAP | NAP | NAP | NAP | NAP | ||||||||||
38 | Loan | 27 | 1 | Willmott Self Storage | NAP | NAP | NAP | NAP | NAP | ||||||||||
39 | Loan | 9, 10, 11, H | 1 | 296 Sterling Arms Owners Corp. | NAP | NAP | NAP | NAP | NAP | ||||||||||
40 | Loan | 9, 10, 11, H | 1 | Capitol House Tenants Corp. | NAP | NAP | NAP | NAP | NAP | ||||||||||
41 | Loan | 9, 10, 11, H | 1 | Clifton & Classon Apt. Corp. | NAP | NAP | NAP | NAP | NAP | ||||||||||
42 | Loan | 9, 10, 11, H | 1 | 95 Park Terrace East Owners, Inc. | NAP | NAP | NAP | NAP | NAP | ||||||||||
43 | Loan | 9, 10, 11, H | 1 | 132 East 19th Street, Inc. | NAP | NAP | NAP | NAP | NAP | ||||||||||
44 | Loan | 9, 10, 11, H | 1 | 31-14 Owners Corp. | NAP | NAP | NAP | NAP | NAP | ||||||||||
45 | Loan | 9, 10, 11, H | 1 | Fountain Gardens Owners Corp. | NAP | NAP | NAP | NAP | NAP | ||||||||||
46 | Loan | 9, 11, H | 1 | Advance Homes Association, Inc. | NAP | NAP | NAP | NAP | NAP | ||||||||||
47 | Loan | 9, 10, 11, H | 1 | 36 West 35th Apartment Corp. | NAP | NAP | NAP | NAP | NAP | ||||||||||
48 | Loan | 9, 10, 11, H | 1 | Bryna Court Owners Corp. | NAP | NAP | NAP | NAP | NAP | ||||||||||
49 | Loan | 9, 10, 11, H | 1 | 326-328 East 73rd Street Residents, Inc. | NAP | NAP | NAP | NAP | NAP | ||||||||||
50 | Loan | 9, 10, 11, H | 1 | 463 Summit Avenue Owners’, Inc. | NAP | NAP | NAP | NAP | NAP | ||||||||||
51 | Loan | 9, 11, H | 1 | Cedar Pond Owners, Inc. | NAP | NAP | NAP | NAP | NAP | ||||||||||
52 | Loan | 9, 10, 11, H | 1 | 33 Bleecker Street Corp. | NAP | NAP | NAP | NAP | NAP | ||||||||||
53 | Loan | 9, 10, 11, H | 1 | 148 East 84th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | ||||||||||
54 | Loan | 9, 11, H | 1 | 96 Perry Street Corp. | NAP | NAP | NAP | NAP | NAP | ||||||||||
55 | Loan | 9, 11, H | 1 | 418 St. Johns Place Owners Corp. | NAP | NAP | NAP | NAP | NAP | ||||||||||
56 | Loan | 9, 10, 11, H | 1 | 234 West 16th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP |
A-1-16
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Most Recent RevPAR ($) | Most Recent Hotel Occupancy (%) | Second Most Recent ADR ($) | Second Most Recent RevPAR ($) | Second Most Recent Hotel Occupancy (%) | Third Most Recent ADR ($) | Third Most Recent RevPAR ($) | Third Most Recent Hotel Occupancy (%) | Coop - Committed Secondary Debt | Coop - Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Coop Units | Coop - Sponsor/Investor Carry |
1 | Loan | 5 | 1 | Concord Mills | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
2 | Loan | 5 12, A | 1 | Constitution Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
3 | Loan | 5, 13 | 1 | Millennium Boston Retail | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
4 | Loan | 14 | 1 | 10 Java Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
5 | Loan | 15, 16, 17, B | 1 | Crossways Shopping Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
6 | Loan | 1 | Allendale Corporate Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7 | Loan | 1 | Colonial Commons | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
8 | Loan | 5, 8, C | 1 | Pacific View | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
9 | Loan | 5, 18 | 1 | One Campus Martius | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
10 | Loan | 19 | 1 | Sabre Headquarters | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
11 | Loan | D | 1 | Potomac Festival I | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
12 | Loan | 5, 8 | 1 | Tanger Outlets Columbus | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
13 | Loan | 5 | 1 | High Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
14 | Loan | 6, 7 | 15 | ExchangeRight 59 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
14.01 | Property | 1 | Mariano’s - Northbrook (Capital), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.02 | Property | 1 | Walgreens - Durham (Holloway), NC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.03 | Property | 1 | CVS Pharmacy- Robinson (Steubenville), PA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.04 | Property | 1 | Walgreens - Eagle Pass ( Main), TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.05 | Property | 1 | CVS - Greenville (Main), OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.06 | Property | 1 | Tractor Supply Company - Carrollton (Park), GA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.07 | Property | 1 | Fresenius - Dover (6th), NH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.08 | Property | 1 | Dollar Tree - Forest Park (Roosevelt), IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.09 | Property | 1 | Dollar Tree - El Paso (Yarbrough), TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.10 | Property | 1 | Dollar Tree - Owensboro (Parrish), KY | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.11 | Property | 1 | Dollar General- Denham Springs (Lockhart), LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.12 | Property | 1 | Dollar General - Gary (Ridge), IN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.13 | Property | 1 | Dollar General - Baltimore (Greenmount), MD | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.14 | Property | 1 | Dollar General - Addis (6th), LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.15 | Property | 1 | Dollar General - Richmond (H), IN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
15 | Loan | 6, 20 | 3 | Traverse City Hotel Portfolio | 123.88 | 70.4% | 169.75 | 117.84 | 69.8% | 147.18 | 82.66 | 56.5% | ||||||||
15.01 | Property | 1 | Cambria | 133.07 | 69.7% | 183.62 | 123.94 | 67.5% | 155.46 | 86.43 | 55.6% | |||||||||
15.02 | Property | 1 | Comfort Inn | 112.81 | 69.9% | 153.38 | 110.13 | 71.8% | 138.74 | 74.78 | 53.9% | |||||||||
15.03 | Property | 1 | Best Western Plus | 120.71 | 71.6% | 165.98 | 116.18 | 70.0% | 142.49 | 85.49 | 60.0% | |||||||||
16 | Loan | 1 | Inn at 500 Capitol – Boise, ID | 168.24 | 63.6% | 256.71 | 142.99 | 55.7% | 231.93 | 76.54 | 33.0% | |||||||||
17 | Loan | E | 1 | 2470 2490 Paseo Verde Pkwy | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
18 | Loan | 1 | Hyatt Place – Anchorage, AK | 150.51 | 77.7% | 161.15 | 115.43 | 71.6% | 121.42 | 57.99 | 47.8% | |||||||||
19 | Loan | 1 | Gateway I Office | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
20 | Loan | 6 | 3 | Johnson County Office Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
20.01 | Property | 1 | 8725-8735 Rosehill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
20.02 | Property | 1 | 8700 State Line Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
20.03 | Property | 1 | 14425 College Blvd | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
21 | Loan | 1 | 535 Springfield Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
22 | Loan | 1 | Rooney Ranch | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
23 | Loan | 1 | Hampton Inn & Suites – Santa Ynez Valley, Buellton, CA | 138.92 | 67.0% | 181.65 | 114.80 | 63.2% | 134.17 | 54.98 | 41.0% | |||||||||
24 | Loan | 1 | US Storage Center – Montrose, CA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
25 | Loan | 21, 22 | 1 | 312 Broadway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
26 | Loan | 23 | 1 | Del Ray II MHP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
27 | Loan | F | 1 | Old Barn Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
28 | Loan | 24, G | 1 | Mountain Shadows MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
29 | Loan | 1 | Lonestar Pavilion | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
30 | Loan | 25 | 1 | 54 West 47th St | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
31 | Loan | 9, 10, 11, H | 1 | Harway Terrace, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 500,000 | 92,300,000 | 8.7% | 1.7% | 0 | 0 | 6 | NAP |
32 | Loan | 6, 26 | 2 | National Self Storage - ELP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
32.01 | Property | 1 | National Self Storage - ELP6 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
32.02 | Property | 1 | National Self Storage - ELP5 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
33 | Loan | 1 | 30 East Santa Clara | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
34 | Loan | 9, 10, 11, H | 1 | 230 Garth Road Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 2,000,000 | 84,850,000 | 8.2% | 0.0% | 0 | 0 | 0 | NAP |
35 | Loan | 9, 10, 11, H | 1 | 1523 Central Park Avenue Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 1,000,000 | 41,000,000 | 16.6% | 0.7% | 0 | 0 | 1 | NAP |
36 | Loan | 1 | Carlton Building | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
37 | Loan | 9, 10, 11, H | 1 | 185 Marine Ave. Tenants Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 250,000 | 11,100,000 | 27.9% | 32.6% | 15 | 0 | 0 | 129,221 |
38 | Loan | 27 | 1 | Willmott Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
39 | Loan | 9, 10, 11, H | 1 | 296 Sterling Arms Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 500,000 | 12,400,000 | 21.8% | 9.5% | 2 | 0 | 0 | -28,420 |
40 | Loan | 9, 10, 11, H | 1 | Capitol House Tenants Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 500,000 | 28,100,000 | 9.6% | 0.0% | 0 | 0 | 0 | NAP |
41 | Loan | 9, 10, 11, H | 1 | Clifton & Classon Apt. Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 250,000 | 25,200,000 | 10.7% | 0.0% | 0 | 0 | 0 | NAP |
42 | Loan | 9, 10, 11, H | 1 | 95 Park Terrace East Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 500,000 | 11,300,000 | 22.1% | 8.9% | 4 | 0 | 0 | 233 |
43 | Loan | 9, 10, 11, H | 1 | 132 East 19th Street, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 500,000 | 15,000,000 | 15.0% | 0.0% | 0 | 0 | 0 | NAP |
44 | Loan | 9, 10, 11, H | 1 | 31-14 Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 500,000 | 12,900,000 | 17.1% | 51.7% | 18 | 12 | 0 | 247,940 |
45 | Loan | 9, 10, 11, H | 1 | Fountain Gardens Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 500,000 | 18,700,000 | 9.4% | 42.1% | 24 | 0 | 0 | 280,497 |
46 | Loan | 9, 11, H | 1 | Advance Homes Association, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 9,000,000 | 18.9% | 0.0% | 0 | 0 | 0 | NAP |
47 | Loan | 9, 10, 11, H | 1 | 36 West 35th Apartment Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 200,000 | 16,000,000 | 9.4% | 0.0% | 0 | 0 | 0 | NAP |
48 | Loan | 9, 10, 11, H | 1 | Bryna Court Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 200,000 | 9,100,000 | 16.4% | 35.0% | 7 | 0 | 0 | 149,006 |
49 | Loan | 9, 10, 11, H | 1 | 326-328 East 73rd Street Residents, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 400,000 | 15,100,000 | 9.9% | 20.0% | 0 | 8 | 0 | 36,269 |
50 | Loan | 9, 10, 11, H | 1 | 463 Summit Avenue Owners’, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 500,000 | 9,140,000 | 13.1% | 0.0% | 0 | 0 | 0 | NAP |
51 | Loan | 9, 11, H | 1 | Cedar Pond Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8,700,000 | 13.8% | 12.5% | 5 | 0 | 0 | 75,241 |
52 | Loan | 9, 10, 11, H | 1 | 33 Bleecker Street Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 300,000 | 14,580,000 | 8.2% | 23.1% | 3 | 0 | 0 | NAV |
53 | Loan | 9, 10, 11, H | 1 | 148 East 84th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 200,000 | 7,100,000 | 16.2% | 0.0% | 0 | 0 | 0 | NAP |
54 | Loan | 9, 11, H | 1 | 96 Perry Street Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 17,800,000 | 6.2% | 14.3% | 0 | 0 | 5 | NAP |
55 | Loan | 9, 11, H | 1 | 418 St. Johns Place Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 19,000,000 | 5.8% | 20.0% | 7 | 0 | 0 | -31,770 |
56 | Loan | 9, 10, 11, H | 1 | 234 West 16th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 200,000 | 7,600,000 | 13.2% | 5.0% | 1 | 0 | 0 | -2,732 |
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BANK 2022-BNK44 | |
Footnotes to Annex A-1 | |
(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. |
(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 prospectus for information regarding the 5 largest tenants at mortgaged properties securing the 15 largest Mortgage Loans and tenants that occupy 50% or more of the net rentable area at their respective mortgaged properties which are not in occupancy or are in free rent periods. |
(3) | The Administrative Fee Rate includes the master servicing fee rate, operating advisor fee rate, certificate administrator/trustee fee rate, asset representations reviewer fee rate, primary or sub-servicing servicing fee rate, CREFC® license fee rate and, with respect to any non-serviced Mortgage Loan, pari passu loan primary servicing fee rate, in each case applicable to the related Mortgage Loan. |
(4) | Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” for information regarding certain lease termination options affecting the 5 largest tenants at mortgaged properties securing the 15 largest Mortgage Loans and tenants that occupy 50% or more of the net rentable area at their respective mortgaged properties. |
(5) | With respect to Mortgage Loan No. 1, Concord Mills, Mortgage Loan No. 2, Constitution Center, Mortgage Loan No. 3, Millennium Boston Retail, Mortgage Loan No. 8, Pacific View, Mortgage Loan No. 9, One Campus Martius, Mortgage Loan No. 12, Tanger Outlets Columbus and Mortgage Loan No. 13, High Street, such Mortgage Loans are part of a whole loan related to the Issuing Entity. For purposes of the statistical information set forth in this prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Loan Per Unit ($) calculations are in each case based on the subject Mortgage Loan together with any related Pari Passu Companion Loan, but (unless otherwise indicated) without regard to any related Subordinate Companion Loan(s). For further information, see “Description of the Mortgage Pool—The Whole Loans—General”, “—The Serviced Pari Passu Whole Loans”, “—The Non-Serviced Pari Passu Whole Loans”, “The Constitution Center Pari Passu-A/B Whole Loan,” and “Pooling and Servicing Agreement” or “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans,” as applicable, in this prospectus. |
(6) | With respect to Mortgage Loan No. 14, ExchangeRight 59, Mortgage Loan No. 15, Traverse City Hotel Portfolio, Mortgage Loan No. 20, Johnson County Office Portfolio, and Mortgage Loan No. 32, National Self Storage - ELP, each such Mortgage Loan is secured by multiple properties. For purposes of the statistical information set forth in this prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Loan Per Unit ($) calculations are shown on an aggregate basis, and a portion of the Cut-off Date Balance has been allocated to each mortgaged property based on the respective Appraised Values and/or Underwritten NCF, among other methods. |
(7) | With respect to Mortgage Loan No. 14, ExchangeRight 59, the related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, or other release conditions in connection with a partial defeasance, partial prepayment or partial assumption of the related Mortgage Loan or substitution of a Mortgaged Property. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and “—Releases; Partial Releases; Property Additions” in this prospectus. |
(8) | With respect to Mortgage Loan No. 8, Pacific View and Mortgage Loan No. 12, Tanger Outlets Columbus, the related loan documents permit an outparcel or other release without prepayment (except, in the case of Pacific View, to the extent of any net proceeds of the transfer of the release parcel) or defeasance. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Releases; Partial Releases; Property Additions” in this prospectus. |
(9) | With respect to all residential cooperative Mortgage Loans sold to the trust by National Cooperative Bank, N.A., the borrower is a cooperative housing corporation. No individual or entity (other than the borrower) has recourse obligations with respect to the residential cooperative Mortgage Loans sold to the trust, including pursuant to any guaranty or environmental indemnity. Accordingly, no information is presented in the columns labeled Sponsor and Non-Recourse Carveout Guarantor or is shown same as the borrower in Annex A-1. In addition, due to the specialized nature of residential housing cooperatives, certain information presented in and shown on Annex A-1 with respect to other Mortgage Loans is not presented with respect to the residential cooperative Mortgage Loans sold to the trust and is, instead, reflected as not applicable (NAP). For example, since residential cooperatives are not-for-profit entities that generally set maintenance fees to cover current expenses and plan for future capital needs and a residential cooperative is generally able to increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves, historical Net Operating Income figures for residential cooperative properties are generally not representative of the cash flow generated by the property if it were operated as a multifamily rental property. Accordingly, the Most Recent NOI, Second Most Recent NOI, Third Most Recent NOI, and the related fields shown on Annex A-1 are not presented on Annex A-1 with respect to the residential cooperative Mortgage Loans sold to the trust. In addition, see “Risk Factors—Risks Relating to the Mortgage Loans—Residential Cooperative Properties Have Special Risks” with respect to the determination of certain fields on Annex A-1, including but not limited to the Appraised Value, Coop-Rental Value, Underwritten Net Operating Income and Underwritten Net Cash Flow. |
(10) | With respect to the residential cooperative Mortgage Loans sold to the trust by National Cooperative Bank, N.A., the information contained in the columns entitled “Subordinate Companion Loan Cut-off Date Balance” and “Subordinate Companion Loan Interest |
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Rate” also includes relevant information regarding the subordinate lines of credit corresponding to such loans, although those subordinate lines of credit are not considered Companion Loans. See the chart column entitled “Non-Trust Mortgage Loan Interest Rate” under “Risk Factors — Other Secured Indebtedness — Additional Debt Secured by Residential Cooperative Properties” in this prospectus. | |
(11) | With respect to the residential cooperative Mortgage Loans, National Cooperative Bank, N.A., does not generally track whether a borrower has obtained a Small Business Association Paycheck Protection Program Loan. Accordingly, with respect to the residential cooperative Mortgage Loans sold to the trust by National Cooperative Bank, N.A., none of the information presented in Annex A-1 accounts for whether the related borrower may have obtained such a loan. |
(12) | With respect to Mortgage Loan No. 2, Constitution Center, the Appraised Value constitutes the hypothetical As Is value of $914,000,000, which is based on the assumption that a capital reserve account is established to address the GSA’s free rent under its lease agreement dated April 30, 2021 with a lease commencement date of May 1, 2022. At origination, the borrower deposited $14,343,252 into a free rent reserve. The Appraised Value per SF, Cut-off Date LTV Ratio and Maturity Date LTV Ratio based on the “As Is” value, without the assumption that such capital reserve account is established, of $900,000,000 as of December 29, 2021 for the Constitution Center Senior Loans are $638, 44.2%, and 44.2%, respectively, and for the Constitution Center Whole Loan are $638, 50.0% and 50.0%, respectively. |
(13) | With respect to Mortgage Loan No. 3, Millennium Boston Retail, parking income is 26.7% of Underwritten Effective Gross Income. |
(14) | With respect to Mortgage Loan No. 4, 10 Java Street, the Appraised Value of $120,000,000 is based upon the highest and best use as a multifamily development site. |
(15) | With respect to Mortgage Loan No. 5, Crossways Shopping Center, the related Mortgaged Property is comprised of one co-borrower’s fee interest in the entirety of the land, and another co-borrower’s leasehold interest under a space lease that it assumed from a previous tenant. The related space lease is between the co-borrowers and expires on November 30, 2040. The portion of the Mortgaged Property that is subject to the space lease between the two borrowers is improved with two junior anchor boxes that are sub-leased to TJ Maxx and Ross Dress For Less, respectively. The rent paid by the sublessees, TJ Maxx and Ross Dress For Less, has been included in loan underwriting. |
(16) | With respect to Mortgage Loan No. 5, Crossways Shopping Center, on no more than three occasions during the term of the Mortgage Loan, and no more than once in any twelve month period, the borrower will have a grace period of three days following notice to borrower that any such payment is due. |
(17) | With respect to Mortgage Loan No. 5, Crossways Shopping Center, the largest tenant, Value City Furniture, and the fourth largest tenant, DSW Shoe Warehouse, are both affiliates of the borrower. |
(18) | With respect to Mortgage Loan No. 9, One Campus Martius, the largest tenant, Rocket Mortgage, which represents approximately 47.4% of underwritten rent, the 3rd largest tenant, Rock Ventures, which represents approximately 6.0% of underwritten rent, and the 4th largest tenant, Building Amenities Wellness Center LLC, which represents approximately 4.0% of underwritten rent, are borrower affiliated tenants. |
(19) | With respect to Mortgage Loan No. 10, Sabre Headquarters, in connection with the acquisition of the property, bridge mezzanine financing in the amount of $26,775,000 was obtained from I.B.I Volcano Investments, LLC, (“Volcano”), a fund specializing in short bridge financing to real estate companies in the United States, secured by the ownership interest of the Delaware Statutory Trust depositor in the related borrower. The bridge mezzanine financing matures October 21, 2023 (including a 6-month extension exercisable by the mezzanine borrower), and has an interest rate of 12% per annum. Volcano has entered into an intercreditor agreement acceptable to the lender. Such funding is expressly subordinated to the mortgage loan, and Volcano may not exercise any remedy that results in its control of the borrower or signatory trustee. Additionally, in connection with closing of the acquisition of the property, an affiliate of the seller of the property acquired a 24.94% interest in the borrower for $11,800,000. The mortgage loan’s non-recourse carveout guarantors are obligated to repurchase such interest for the same amount on January 23, 2023, together with accrued interest at 12% per annum and a 1% exit fee. If the interest is not repurchased, the seller affiliate may transfer interests to other investors, and the guarantors are liable for any shortfall. |
(20) | With respect to Mortgage Loan No. 15, Traverse City Hotel Portfolio - Best Western Plus, the related Mortgaged Property is currently operated as a Best Western Plus under a license agreement with Best Western International, Inc. which expires November 30, 2023, however, the agreement has automatic one-year renewals if there are no defaults and dues have been paid. The related Mortgage Loan documents provide for full recourse for cancellation, termination or expiration of the franchise agreement in each case without the lender’s prior written consent, until such time as the borrower has entered into a replacement franchise agreement. |
(21) | With respect to Mortgage Loan No. 25, 312 Broadway, the Units/SF and Cut-Off Date Balance per Unit or SF is based on the multifamily portion of the property, which is 24 units. The 312 Broadway Property also contains 9,870 SF of retail space, leased to 2 tenants, representing 37.3% of UW Effective Gross Income. The two retail tenants’ % of NRA is based on the retail portion of the property only. |
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(22) | With respect to Mortgage Loan No. 25, 312 Broadway, the mortgage loan is structured with a $1.3 million holdback to be held by the lender until SM Diagnostics, a future tenant, moves into the building. The particular tenant, being a medical diagnostic and treatment center, is awaiting zoning approval for its interior layouts before completing its fit out. If the borrower does not deliver the relevant completion documents to the lender within 1 year from the closing date of the loan, the lender will apply the relevant funds initially attributable to the holdback towards partial prepayment of the loan with a yield maintenance premium | ||
(23) | For Mortgage Loan No. 26, Del Ray II MHP, there is an economic holdback that was not presented on a net-of basis. Provided no event of default is then continuing, in the event that the holdback reserve funds have not been fully disbursed pursuant to the terms of the mortgage loan documents prior to October 11, 2024, the lender will (i) first, apply the holdback reserve funds to the prepayment of the loan in an amount equal to the lesser of (A) all of the remaining holdback reserve funds and (B) the amount that, after giving effect to such prepayment, will result in a net cash flow debt yield of 9.25%, (ii) second, apply funds, if any, towards the payment of the applicable yield maintenance premium and interest shortfall, and (iii) third, disburse any remaining holdback funds, if any, to the borrower. Assuming that a hypothetical net-of-holdback presentation was used, Cut-Off Date LTV, Maturity Date LTV, UW NOI DSCR, UW NCF DSCR, Underwritten NOI Debt Yield and Underwritten NCF Debt Yield would be 57.3%, 53.4%, 1.20x, 1.20x, 8.5% and 8.5%. | ||
(24) | With respect to Loan No. 28, Mountain Shadows MHC, of the 178 sites 131 are recreational vehicle sites, 44 are manufactured housing sites and 3 are apartments. | ||
(25) | With respect to Mortgage Loan No. 30, 54 West 47th St, the largest tenant, Ross Metals Corporation, is an affiliate of the borrower. | ||
(26) | With respect to Mortgage Loan No. 32, National Self Storage - ELP, 15 of the 900 units are RV parking spaces. | ||
(27) | With respect to Mortgage Loan No. 38, Willmott Self Storage, 157 of the 542 units are RV parking spaces. | ||
A. | “Yield Maintenance Premium” shall mean an amount equal to the greater of: (a) one percent (1%) of the principal amount of the Loan being prepaid or (b) the present value as of the Prepayment Date of the Calculated Payments from the Prepayment Date through the Open Prepayment 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 (i) the Interest Rate and (ii) 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 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. | Pacific View | |
B. | “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 Open 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 Open Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication (in its reasonable determination) 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. Notwithstanding anything contained herein, the Loan may be prepaid without payment of the Yield Maintenance Premium from and after the Open Date. | Crossways Shopping Center | |
C. | “Yield Maintenance Premium” shall mean an amount equal to the greater of the following two amounts: (a) an amount equal to 1% of the amount prepaid; or (b) an amount equal to (i) 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 Prepayment Date (assuming the outstanding principal balance of the Loan is due on the Open Prepayment Date), from the Open Prepayment 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 (ii) 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 (y) 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 Prepayment Date (or if two |
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or more such securities have maturity dates equally close to the Open Prepayment 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 Business Day preceding the prepayment date, divided by (z) 12. Lender’s calculation of the Yield Maintenance Premium shall be conclusive and binding on Borrower absent manifest error. | Pacific View | ||
D | “Yield Maintenance Premium” shall mean an amount equal to the greater of the following two amounts: (a) an amount equal to 1% of the amount prepaid; or (b) an amount equal to (i) 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 (ii) 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 (y) 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 Business Day preceding the prepayment date, divided by (z) 12. Lender’s calculation of the Yield Maintenance Premium, and all component calculations, shall be conclusive and binding on Borrower absent manifest error. Section 2.7 Prepayments. (a) Except as otherwise provided herein, Borrower shall not have the right to prepay the Loan in whole or in part. On and after May 11, 2032 (the “Open Period Start Date”) or in connection with a StartUp Period Prepayment pursuant to Section 2.8(a) hereof, Borrower may, provided no Event of Default has occurred and is continuing, at its option and upon not fewer than thirty (30) days and not more than ninety (90) days prior notice to Lender (or such shorter period of time as may be permitted by Lender in its sole discretion), prepay the Debt in whole on any date without payment of the Yield Maintenance Premium (other than in connection with a StartUp Period Prepayment for which a Yield Maintenance Premium shall be payable with such prepayment). Any prepayment received by Lender on a date other than a Monthly Payment Date shall include interest which would have accrued thereon to the next Monthly Payment Date (such amounts, the “Interest Shortfall”). 2.8(a) Notwithstanding the foregoing or anything herein to the contrary, in the event the Defeasance Lockout Release Date occurs at any time during the StartUp Date Period, then Borrower shall not be permitted to defease the entire Note until the expiration of the StartUp Date Period, provided, however, Borrower shall be permitted to prepay the Loan during the StartUp Date Period in accordance with Section 2.7, Sections 15.4(b) and 15.4(c) hereof (such prepayment shall be subject to the payment of a Yield Maintenance Premium) (such prepayment, a “StartUp Period Prepayment”). | Potomac Festival I | |
E. | “Yield Maintenance Premium” shall mean an amount equal to the greater of: (x) one percent (1%) of the principal amount of this Note being prepaid or (y) the present value as of the Prepayment Date of the Calculated Payments (defined below) from the Prepayment Date through the date of the commencement of the Open Period (as hereinafter defined) determined by discounting such payments at the Discount Rate (defined below). As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of this Note being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (1) the Applicable Interest Rate and (2) the Yield Maintenance Treasury Rate (defined below). As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15- Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Maturity Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. | 2470-2490 Paseo Verde Pkwy | |
F. | Section 2.7 Prepayments. (a) Prepayment. Except as otherwise provided herein, Borrower shall not have the right to prepay the Loan in whole or in part. On and after the Defeasance Lockout Release Date, Borrower may, provided no Event of Default has occurred and is continuing, at its option (and in lieu of defeasing the entire Loan in accordance with Section 2.8 below) and upon 15 Business Days’ prior notice to Lender (or such shorter period of time as may be permitted by Lender in its sole discretion), prepay the Debt in whole (but not in part) on any Monthly Payment Date. If the Loan is prepaid on and after the Defeasance Lockout Release Date but prior to the Open Period Start Date, whether such prepayment is voluntary, involuntary or concurrently with or after an Event of Default, Borrower shall pay to Lender on such prepayment date the Yield Maintenance Premium and any applicable Interest Shortfall in addition to the outstanding principal balance, all accrued and unpaid interest and other amounts payable under the Loan Documents. On and after the Open Period Start Date, Borrower may, provided no Event of Default has occurred and is continuing, at its option and upon 15 Business Days prior notice to Lender (or such shorter period of time as may be permitted by Lender in its sole but reasonable discretion), prepay the Debt in whole (but not in part) on any Business Day without payment of the Yield Maintenance Premium; provided Borrower shall pay to Lender on such prepayment date any applicable Interest Shortfall in addition to the outstanding principal balance, all accrued and unpaid interest and other amounts payable under the Loan Documents. “Yield Maintenance Premium” shall mean an amount equal to the greater of: (a) an amount equal to the Applicable Percentage of the amount prepaid; or (b) an amount equal to (i) 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 (ii) a fraction whose numerator is the amount prepaid and whose denominator is the outstanding principal balance of the Loan as of the |
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prepayment date. For purposes of the foregoing, “Periodic Treasury Yield” shall mean (y) 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 Business Day preceding the prepayment date, divided by (z) 12. Lender’s calculation of the Yield Maintenance Premium, and all component calculations, shall be conclusive and binding on Borrower absent manifest error. | Old Barn Self Storage | ||
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. | Mountain Shadows MHC | |
H. | “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. | All NBC Loans |
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