Free Writing Prospectus dated February 3, 2025
The depositor has filed a registration statement (including a prospectus) with the SEC (SEC File No. 333-280318) for the offering to which this free writing prospectus relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling (800) 408-1016 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.
The information in this file (the “File”) is an electronic copy of the information set forth in the Annex titled "Certain Characteristics of the Mortgage Loans and Mortgaged Properties" to the prospectus. This File does not contain all information that is required to be included in the prospectus. This File should be reviewed only in conjunction with the entire prospectus. Prospective investors are advised to read carefully, and should rely on, the prospectus relating to the certificates referred to herein in making their investment decision.
The information in this File may be amended and/or supplemented prior to the time of sale. The information in this File supersedes any contrary information contained in any prior File relating to the certificates and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.
Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the prospectus. The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value.
Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, the email communication to which this material may have been attached are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another email system.
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | % of Initial Pool Balance | % of Loan Balance | Mortgage Loan Originator | Mortgage Loan Seller | Related Group | Crossed Group | Address |
| | | | | | | 1, 5, 6 | 1 | | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | 9.97% | 100.0% | JPMCB/BANA/WFB | JPMCB/BANA/WFB | NAP | NAP | 66 Hudson Boulevard |
2 | Loan | 9, A | 1 | Gateway Center North | 9.97% | 100.0% | BANA | BANA | NAP | NAP | 501 Gateway Drive |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | 9.97% | 100.0% | WFB | WFB | NAP | NAP | 1331-1333 North California Boulevard |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | 7.0% | 100.0% | BANA | BANA | NAP | NAP | 2424 Castleton Commerce Way |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | 5.8% | | JPMCB | JPMCB | NAP | NAP | Various |
5.01 | Property | | 1 | Residence Inn Neptune | 1.7% | 29.7% | | | | | 230 Jumping Brook Road |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | 1.5% | 25.2% | | | | | 7027 Arundel Mills Circle |
5.03 | Property | | 1 | Hilton Garden Inn Milford | 1.2% | 20.2% | | | | | 291 Old Gate Lane |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | 0.9% | 16.2% | | | | | 4735 Helen Hauser Boulevard |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | 0.5% | 8.9% | | | | | 1004 Sutherland Drive |
6 | Loan | 7, B | 1 | Green Caye Village | 5.4% | 100.0% | WFB | WFB | NAP | NAP | 2500 Caroline Street |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | 4.7% | 100.0% | MSBNA | MSMCH | NAP | NAP | 4700 Emperor Boulevard |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | 3.9% | 100.0% | JPMCB | JPMCB | NAP | NAP | 1060 Center Street |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | 3.9% | | MSBNA | MSMCH | NAP | NAP | Various |
9.01 | Property | | 1 | Kroger – Zionsville, IN | 1.3% | 32.7% | | | | | 10679 Michigan Road |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | 0.7% | 17.1% | | | | | 8535 East Speedway Boulevard |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | 0.5% | 12.3% | | | | | 455 North Highway 52 |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | 0.4% | 11.5% | | | | | 2727 West Fourth Street |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | 0.2% | 4.6% | | | | | 495 West Broad Street |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | 0.2% | 3.9% | | | | | 3410 Isabella Street |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | 0.2% | 3.8% | | | | | 4271 Alabama Highway 14 |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | 0.1% | 3.8% | | | | | 4651 North Butler Avenue |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | 0.1% | 3.6% | | | | | 4005 Stillman Boulevard |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | 0.1% | 3.4% | | | | | 1393 M 139 |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | 0.1% | 3.4% | | | | | 2520 State Avenue |
10 | Loan | | 1 | Rockaway Hotel and Spa | 3.9% | 100.0% | MSBNA | MSMCH | NAP | NAP | 108-10 Rockaway Beach Drive |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | 3.9% | | MSBNA | MSMCH | NAP | NAP | Various |
11.01 | Property | | 1 | Hunter's Pond Apartments | 1.1% | 29.0% | | | | | 2002 Raintree Drive |
11.02 | Property | | 1 | Woodwind Apartments | 1.0% | 26.8% | | | | | 111 Clarinet Boulevard |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | 0.6% | 15.9% | | | | | 1419 Bell Brook Boulevard |
11.04 | Property | | 1 | Jefferson Place Villas | 0.4% | 11.5% | | | | | 720 Westview Drive |
11.05 | Property | | 1 | Deer Creek Crossing | 0.4% | 10.0% | | | | | 105 South 7th Street |
11.06 | Property | | 1 | Country Squire Villas | 0.3% | 6.8% | | | | | 500 Countryside Drive |
12 | Loan | D | 1 | Maritime Hotel | 3.5% | 100.0% | BANA | BANA | NAP | NAP | 363 West 16th Street |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | 3.4% | | WFB | WFB | NAP | NAP | Various |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | 0.5% | 14.1% | | | | | 1420 Harbor Bay Parkway |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | 0.5% | 13.6% | | | | | 1351 Harbor Bay Parkway |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | 0.4% | 12.0% | | | | | 1451 Harbor Bay Parkway |
13.04 | Property | | 1 | 1640 South Loop Road | 0.4% | 11.1% | | | | | 1640 South Loop Road |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | 0.4% | 11.1% | | | | | 1650 Harbor Bay Parkway |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | 0.4% | 10.9% | | | | | 1600 Harbor Bay Parkway |
13.07 | Property | | 1 | 1350 South Loop Road | 0.3% | 9.6% | | | | | 1350 South Loop Road |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | 0.2% | 7.0% | | | | | 1321 Harbor Bay Parkway |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | 0.2% | 6.7% | | | | | 1501 Harbor Bay Parkway |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | 0.1% | 3.9% | | | | | 1411 Harbor Bay Parkway |
14 | Loan | | 1 | SpringHill Suites Bloomington | 3.3% | 100.0% | JPMCB | JPMCB | NAP | NAP | 501 North College Avenue |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | 2.7% | 100.0% | MSBNA | MSMCH | NAP | NAP | 100 Ceramic Tile Drive |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | 2.1% | 100.0% | BANA | BANA | NAP | NAP | 620 Caroline Street |
17 | Loan | | 1 | US Storage Centers - Chatsworth | 2.0% | 100.0% | BANA | BANA | Group 1 | NAP | 9818 De Soto Avenue |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | 2.0% | 100.0% | JPMCB | JPMCB | NAP | NAP | 1114 Madison Avenue |
19 | Loan | | 1 | Silverado Self Storage | 1.7% | 100.0% | MSBNA | MSMCH | NAP | NAP | 5100 Las Brisas Boulevard |
20 | Loan | 15, 18 | 1 | 321 Starr Street | 1.7% | 100.0% | JPMCB | JPMCB | NAP | NAP | 321 Starr Street |
21 | Loan | 8, 24 | 1 | Zoe Lofts | 1.6% | 100.0% | WFB | WFB | NAP | NAP | 5335 West Adams Boulevard |
22 | Loan | | 1 | 310 Greenwich Ave | 1.6% | 100.0% | MSBNA | MSMCH | NAP | NAP | 310 Greenwich Avenue |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | 1.2% | 100.0% | WFB | WFB | NAP | NAP | 1700 Brookwood Drive |
24 | Loan | F | 1 | Cedar Creek MHC | 1.1% | 100.0% | BANA | BANA | NAP | NAP | 1634 Darrell Drive |
25 | Loan | G | 1 | Carriage House | 0.9% | 100.0% | JPMCB | JPMCB | NAP | NAP | 190 Pleasant Grove Road |
26 | Loan | H | 1 | Riverside Estates | 0.6% | 100.0% | MSBNA | MSMCH | NAP | NAP | 4732 Southwest 46th Lane |
27 | Loan | | 1 | US Storage Centers - Stanton | 0.4% | 100.0% | BANA | BANA | Group 1 | NAP | 10881 Dale Avenue |
28 | Loan | | 1 | US Storage Centers - Cerritos | 0.4% | 100.0% | BANA | BANA | Group 1 | NAP | 16015 Piuma Avenue |
29 | Loan | | 1 | 61 Thompson Street Apartments | 0.4% | 100.0% | BANA | BANA | NAP | NAP | 61 Thompson Street |
30 | Loan | | 1 | Baumgartner Road Self-Storage | 0.4% | 100.0% | MSBNA | MSMCH | NAP | NAP | 4888 New Baumgartner Road |
31 | Loan | | 1 | US Storage Centers - Irwindale | 0.3% | 100.0% | BANA | BANA | Group 1 | NAP | 13201 Ramona Boulevard |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | City | County | State | Zip Code | General Property Type | Detailed Property Type | Year Built | Year Renovated |
| | | | | | | | | | | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | New York | New York | NY | 10001 | Office | CBD | 2022 | NAP |
2 | Loan | 9, A | 1 | Gateway Center North | Brooklyn | Kings | NY | 11239 | Retail | Anchored | 2014 | NAP |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | Walnut Creek | Contra Costa | CA | 94596 | Office | Suburban | 1985-1987 | NAP |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | Virginia Beach | Virginia Beach City | VA | 23456 | Self Storage | Self Storage | 2008 | 2014 |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | Various | Various | Various | Various | Hospitality | Various | Various | Various |
5.01 | Property | | 1 | Residence Inn Neptune | Neptune | Monmouth | NJ | 07753 | Hospitality | Extended Stay | 2007 | 2022 |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | Hanover | Anne Arundel | MD | 21076 | Hospitality | Limited Service | 2002 | 2014, 2022-2023 |
5.03 | Property | | 1 | Hilton Garden Inn Milford | Milford | New Haven | CT | 06460 | Hospitality | Select Service | 2009 | 2023-2024 |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | Titusville | Brevard | FL | 32780 | Hospitality | Limited Service | 2008 | 2018 |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | Pittsburgh | Allegheny | PA | 15205 | Hospitality | Limited Service | 2015 | NAP |
6 | Loan | 7, B | 1 | Green Caye Village | Dickinson | Galveston | TX | 77539 | Mixed Use | Multifamily/RV Park/Manufactured Housing/Self Storage | 1997 | 2023-2024 |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | Durham | Durham | NC | 27703 | Hospitality | Full Service | 1986 | 2023 |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | North Augusta | Aiken | SC | 29841 | Hospitality | Full Service | 2019 | NAP |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | Various | Various | Various | Various | Retail | Single Tenant | Various | Various |
9.01 | Property | | 1 | Kroger – Zionsville, IN | Zionsville | Hamilton | IN | 46077 | Retail | Single Tenant | 1999 | 2018 |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | Tucson | Pima | AZ | 85715 | Retail | Single Tenant | 2024 | NAP |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | Moncks Corner | Berkeley | SC | 29461 | Retail | Single Tenant | 2017 | NAP |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | Mansfield | Richland | OH | 44906 | Retail | Single Tenant | 1973 | 1991 |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | Linden | Genesee | MI | 48451 | Retail | Single Tenant | 2024 | NAP |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | Midland | Midland | MI | 48640 | Retail | Single Tenant | 2024 | NAP |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | Millbrook | Elmore | AL | 36054 | Retail | Single Tenant | 2024 | NAP |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | Farmington | San Juan | NM | 87401 | Retail | Single Tenant | 2024 | NAP |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | Tuscaloosa | Tuscaloosa | AL | 35401 | Retail | Single Tenant | 2024 | NAP |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | Benton Harbor | Berrien | MI | 49022 | Retail | Single Tenant | 2024 | NAP |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | Kansas City | Wyandotte | KS | 66102 | Retail | Single Tenant | 1988 | 2024 |
10 | Loan | | 1 | Rockaway Hotel and Spa | Rockaway Park | Queens | NY | 11694 | Hospitality | Full Service | 2020 | NAP |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | Various | Various | IN | Various | Multifamily | Garden | Various | Various |
11.01 | Property | | 1 | Hunter's Pond Apartments | Elkhart | Elkhart | IN | 46514 | Multifamily | Garden | 1987 | NAP |
11.02 | Property | | 1 | Woodwind Apartments | Elkhart | Elkhart | IN | 46516 | Multifamily | Garden | 1984 | NAP |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | Decatur | Adams | IN | 46733 | Multifamily | Garden | 2003 | 2023 |
11.04 | Property | | 1 | Jefferson Place Villas | Ossian | Wells | IN | 46777 | Multifamily | Garden | 2002 | NAP |
11.05 | Property | | 1 | Deer Creek Crossing | Garrett | Dekalb | IN | 46738 | Multifamily | Garden | 1999 | 2024 |
11.06 | Property | | 1 | Country Squire Villas | Ossian | Wells | IN | 46777 | Multifamily | Garden | 1987 | 2024 |
12 | Loan | D | 1 | Maritime Hotel | New York | New York | NY | 10011 | Hospitality | Full Service | 1969 | 2003; 2012-2014 |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | Alameda | Alameda | CA | 94502 | Various | Various | Various | Various |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | Alameda | Alameda | CA | 94502 | Office | Suburban | 1986 | Various |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | Alameda | Alameda | CA | 94502 | Mixed Use | R&D/Lab/Office | 1984 | Various |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | Alameda | Alameda | CA | 94502 | Industrial | R&D | 1984 | Various |
13.04 | Property | | 1 | 1640 South Loop Road | Alameda | Alameda | CA | 94502 | Mixed Use | R&D/Lab/Office | 1996 | 2021-2022 |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | Alameda | Alameda | CA | 94502 | Mixed Use | R&D/Lab/Office | 2001 | 2019-2024 |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | Alameda | Alameda | CA | 94502 | Mixed Use | R&D/Lab/Office | 2001 | 2019-2024 |
13.07 | Property | | 1 | 1350 South Loop Road | Alameda | Alameda | CA | 94502 | Mixed Use | R&D/Lab/Office | 1987 | 2022 |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | Alameda | Alameda | CA | 94502 | Mixed Use | R&D/Lab/Office | 1984 | Various |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | Alameda | Alameda | CA | 94502 | Mixed Use | R&D/Lab/Office | 1985 | 2021 |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | Alameda | Alameda | CA | 94502 | Mixed Use | R&D/Lab/Office | 1984 | Various |
14 | Loan | | 1 | SpringHill Suites Bloomington | Bloomington | Monroe | IN | 47404 | Hospitality | Limited Service | 2014 | 2023 |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | Morganton | Burke | NC | 28655 | Industrial | Warehouse/Distribution | 1989 | 2021 |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | Fredericksburg | Fredericksburg City | VA | 22401 | Hospitality | Select Service | 2009 | NAP |
17 | Loan | | 1 | US Storage Centers - Chatsworth | Chatsworth | Los Angeles | CA | 91311 | Self Storage | Self Storage | 1974 | 2024 |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | New York | New York | NY | 10028 | Retail | Anchored | 1938 | NAP |
19 | Loan | | 1 | Silverado Self Storage | Reno | Washoe | NV | 89523 | Self Storage | Self Storage | 2000 | NAP |
20 | Loan | 15, 18 | 1 | 321 Starr Street | Brooklyn | Kings | NY | 11237 | Retail | Anchored | 1931 | 2017 |
21 | Loan | 8, 24 | 1 | Zoe Lofts | Los Angeles | Los Angeles | CA | 90016 | Multifamily | Garden | 2021 | NAP |
22 | Loan | | 1 | 310 Greenwich Ave | Greenwich | Fairfield | CT | 06830 | Retail | Single Tenant | 1917 | 2013 |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | Little Rock | Pulaski | AR | 72202 | Self Storage | Self Storage | 2018 | NAP |
24 | Loan | F | 1 | Cedar Creek MHC | Graham | Alamance | NC | 27253 | Manufactured Housing | Manufactured Housing | 1980 | NAP |
25 | Loan | G | 1 | Carriage House | Ithaca | Tompkins | NY | 14850 | Multifamily | Garden | 1965 | NAP |
26 | Loan | H | 1 | Riverside Estates | Davie | Broward | FL | 33314 | Manufactured Housing | Manufactured Housing | 1964 | NAP |
27 | Loan | | 1 | US Storage Centers - Stanton | Stanton | Orange | CA | 90680 | Self Storage | Self Storage | 1999 | NAP |
28 | Loan | | 1 | US Storage Centers - Cerritos | Cerritos | Los Angeles | CA | 90703 | Self Storage | Self Storage | 1988 | NAP |
29 | Loan | | 1 | 61 Thompson Street Apartments | Staten Island | Richmond | NY | 10304 | Multifamily | Mid Rise | 2023 | NAP |
30 | Loan | | 1 | Baumgartner Road Self-Storage | St. Louis | St. Louis | MO | 63129 | Self Storage | Self Storage | 1971 | NAP |
31 | Loan | | 1 | US Storage Centers - Irwindale | Irwindale | Los Angeles | CA | 91706 | Self Storage | Self Storage | 1988 | NAP |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Number of Units | Unit of Measure | Loan Per Unit ($) | Original Balance ($) | Cut-off Date Balance ($) | Maturity/ARD Balance ($) | Interest Rate % | Administrative Fee Rate % | Net Mortgage Rate % | Monthly Debt Service (P&I) ($) | Monthly Debt Service (IO) ($) | Annual Debt Service (P&I) ($) |
| | | | | 7, 8 | | 9 | | | | 10 | | | | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | 2,844,343 | SF | 730.12 | 73,500,000 | 73,500,000 | 73,500,000 | 5.499691075% | 0.018070% | 5.481621075% | NAP | 341,534.63 | NAP |
2 | Loan | 9, A | 1 | Gateway Center North | 601,212 | SF | 498.99 | 73,500,000 | 73,500,000 | 73,500,000 | 6.82700% | 0.020370% | 6.806630% | NAP | 423,961.44 | NAP |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | 352,870 | SF | 275.46 | 73,500,000 | 73,500,000 | 73,500,000 | 6.59800% | 0.020370% | 6.577630% | NAP | 409,740.38 | NAP |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | 388,718 | SF | 132.49 | 51,500,000 | 51,500,000 | 51,500,000 | 6.65000% | 0.020370% | 6.629630% | NAP | 289,359.66 | NAP |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | 554 | Rooms | 77,617.33 | 43,000,000 | 43,000,000 | 43,000,000 | 7.63000% | 0.020370% | 7.609630% | NAP | 277,205.67 | NAP |
5.01 | Property | | 1 | Residence Inn Neptune | 105 | Rooms | | 12,750,963 | 12,750,963 | 12,750,963 | | | | | | |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | 130 | Rooms | | 10,818,999 | 10,818,999 | 10,818,999 | | | | | | |
5.03 | Property | | 1 | Hilton Garden Inn Milford | 120 | Rooms | | 8,666,239 | 8,666,239 | 8,666,239 | | | | | | |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | 96 | Rooms | | 6,955,071 | 6,955,071 | 6,955,071 | | | | | | |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | 103 | Rooms | | 3,808,728 | 3,808,728 | 3,808,728 | | | | | | |
6 | Loan | 7, B | 1 | Green Caye Village | 894 | Units | 44,742.73 | 40,000,000 | 40,000,000 | 40,000,000 | 6.41700% | 0.020370% | 6.396630% | NAP | 216,870.83 | NAP |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | 331 | Rooms | 105,740.18 | 35,000,000 | 35,000,000 | 35,000,000 | 7.08000% | 0.020370% | 7.059630% | NAP | 209,368.06 | NAP |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | 180 | Rooms | 161,111.11 | 29,000,000 | 29,000,000 | 29,000,000 | 7.79700% | 0.020370% | 7.776630% | NAP | 191,044.55 | NAP |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | 224,189 | SF | 128.87 | 28,890,300 | 28,890,300 | 28,890,300 | 6.08000% | 0.020370% | 6.059630% | NAP | 148,410.54 | NAP |
9.01 | Property | | 1 | Kroger – Zionsville, IN | 65,182 | SF | | 9,446,286 | 9,446,286 | 9,446,286 | | | | | | |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | 38,869 | SF | | 4,928,037 | 4,928,037 | 4,928,037 | | | | | | |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | 19,097 | SF | | 3,550,037 | 3,550,037 | 3,550,037 | | | | | | |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | 34,347 | SF | | 3,311,537 | 3,311,537 | 3,311,537 | | | | | | |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | 9,870 | SF | | 1,324,036 | 1,324,036 | 1,324,036 | | | | | | |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | 9,828 | SF | | 1,117,336 | 1,117,336 | 1,117,336 | | | | | | |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | 10,076 | SF | | 1,112,036 | 1,112,036 | 1,112,036 | | | | | | |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | 10,640 | SF | | 1,090,836 | 1,090,836 | 1,090,836 | | | | | | |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | 10,000 | SF | | 1,045,786 | 1,045,786 | 1,045,786 | | | | | | |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | 10,640 | SF | | 984,836 | 984,836 | 984,836 | | | | | | |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | 5,640 | SF | | 979,537 | 979,537 | 979,537 | | | | | | |
10 | Loan | | 1 | Rockaway Hotel and Spa | 61 | Rooms | 471,311.48 | 28,750,000 | 28,750,000 | 28,750,000 | 7.47500% | 0.020370% | 7.454630% | NAP | 181,575.88 | NAP |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | 365 | Units | 78,082.19 | 28,500,000 | 28,500,000 | 28,500,000 | 6.75000% | 0.020370% | 6.729630% | NAP | 162,539.06 | NAP |
11.01 | Property | | 1 | Hunter's Pond Apartments | 76 | Units | | 8,258,200 | 8,258,200 | 8,258,200 | | | | | | |
11.02 | Property | | 1 | Woodwind Apartments | 95 | Units | | 7,637,300 | 7,637,300 | 7,637,300 | | | | | | |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | 70 | Units | | 4,532,700 | 4,532,700 | 4,532,700 | | | | | | |
11.04 | Property | | 1 | Jefferson Place Villas | 48 | Units | | 3,290,800 | 3,290,800 | 3,290,800 | | | | | | |
11.05 | Property | | 1 | Deer Creek Crossing | 46 | Units | | 2,856,200 | 2,856,200 | 2,856,200 | | | | | | |
11.06 | Property | | 1 | Country Squire Villas | 30 | Units | | 1,924,800 | 1,924,800 | 1,924,800 | | | | | | |
12 | Loan | D | 1 | Maritime Hotel | 126 | Rooms | 206,349.21 | 26,000,000 | 26,000,000 | 26,000,000 | 5.66700% | 0.020370% | 5.646630% | NAP | 124,490.35 | NAP |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | 643,220 | SF | 329.33 | 25,000,000 | 24,979,960 | 23,451,486 | 6.12600% | 0.020370% | 6.105630% | 151,918.80 | NAP | 1,823,025.60 |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | 121,216 | SF | | 3,533,047 | 3,530,215 | 3,314,208 | | | | | | |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | 97,980 | SF | | 3,407,465 | 3,404,733 | 3,196,405 | | | | | | |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | 86,055 | SF | | 2,992,663 | 2,990,264 | 2,807,296 | | | | | | |
13.04 | Property | | 1 | 1640 South Loop Road | 51,780 | SF | | 2,778,031 | 2,775,805 | 2,605,959 | | | | | | |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | 67,537 | SF | | 2,770,420 | 2,768,200 | 2,598,819 | | | | | | |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | 62,696 | SF | | 2,717,143 | 2,714,965 | 2,548,842 | | | | | | |
13.07 | Property | | 1 | 1350 South Loop Road | 43,645 | SF | | 2,396,718 | 2,394,797 | 2,248,264 | | | | | | |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | 50,177 | SF | | 1,745,213 | 1,743,814 | 1,637,113 | | | | | | |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | 33,817 | SF | | 1,674,430 | 1,673,088 | 1,570,715 | | | | | | |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | 28,317 | SF | | 984,869 | 984,080 | 923,866 | | | | | | |
14 | Loan | | 1 | SpringHill Suites Bloomington | 158 | Rooms | 155,063.29 | 24,500,000 | 24,500,000 | 23,653,639 | 7.65100% | 0.020370% | 7.630630% | 173,847.88 | 158,377.47 | 2,086,174.56 |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | 378,692 | SF | 52.81 | 20,000,000 | 20,000,000 | 20,000,000 | 6.84000% | 0.020370% | 6.819630% | NAP | 115,583.33 | NAP |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | 98 | Rooms | 158,163.27 | 15,500,000 | 15,500,000 | 15,500,000 | 6.81100% | 0.020370% | 6.790630% | NAP | 89,197.30 | NAP |
17 | Loan | | 1 | US Storage Centers - Chatsworth | 89,655 | SF | 168.42 | 15,100,000 | 15,100,000 | 15,100,000 | 6.23400% | 0.020370% | 6.213630% | NAP | 79,534.01 | NAP |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | 6,684 | SF | 2,244.17 | 15,000,000 | 15,000,000 | 15,000,000 | 7.05500% | 0.020370% | 7.034630% | NAP | 89,412.33 | NAP |
19 | Loan | | 1 | Silverado Self Storage | 102,641 | SF | 122.76 | 12,600,000 | 12,600,000 | 12,600,000 | 6.90500% | 0.020370% | 6.884630% | NAP | 73,509.48 | NAP |
20 | Loan | 15, 18 | 1 | 321 Starr Street | 28,874 | SF | 432.92 | 12,500,000 | 12,500,000 | 12,500,000 | 7.46000% | 0.020370% | 7.439630% | NAP | 78,787.62 | NAP |
21 | Loan | 8, 24 | 1 | Zoe Lofts | 60 | Units | 195,833.33 | 11,750,000 | 11,750,000 | 11,750,000 | 6.87800% | 0.020370% | 6.857630% | NAP | 68,282.46 | NAP |
22 | Loan | | 1 | 310 Greenwich Ave | 15,180 | SF | 757.58 | 11,500,000 | 11,500,000 | 11,500,000 | 6.74000% | 0.020370% | 6.719630% | NAP | 65,488.77 | NAP |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | 69,551 | SF | 126.53 | 8,800,000 | 8,800,000 | 8,800,000 | 6.82600% | 0.020370% | 6.805630% | NAP | 50,752.57 | NAP |
24 | Loan | F | 1 | Cedar Creek MHC | 197 | Pads | 40,355.33 | 7,950,000 | 7,950,000 | 7,950,000 | 7.16800% | 0.087870% | 7.080130% | NAP | 48,147.56 | NAP |
25 | Loan | G | 1 | Carriage House | 104 | Units | 62,500.00 | 6,500,000 | 6,500,000 | 6,500,000 | 6.80700% | 0.020370% | 6.786630% | NAP | 37,383.35 | NAP |
26 | Loan | H | 1 | Riverside Estates | 46 | Pads | 95,760.87 | 4,405,000 | 4,405,000 | 4,405,000 | 6.05000% | 0.020370% | 6.029630% | NAP | 22,516.99 | NAP |
27 | Loan | | 1 | US Storage Centers - Stanton | 68,374 | SF | 48.26 | 3,300,000 | 3,300,000 | 3,300,000 | 5.96100% | 0.020370% | 5.940630% | NAP | 16,620.43 | NAP |
28 | Loan | | 1 | US Storage Centers - Cerritos | 60,476 | SF | 51.26 | 3,100,000 | 3,100,000 | 3,100,000 | 6.13400% | 0.020370% | 6.113630% | NAP | 16,066.25 | NAP |
29 | Loan | | 1 | 61 Thompson Street Apartments | 10 | Units | 306,500.00 | 3,065,000 | 3,065,000 | 3,065,000 | 6.76200% | 0.020370% | 6.741630% | NAP | 17,511.15 | NAP |
30 | Loan | | 1 | Baumgartner Road Self-Storage | 88,028 | SF | 34.08 | 3,000,000 | 3,000,000 | 3,000,000 | 7.22000% | 0.020370% | 7.199630% | NAP | 18,300.69 | NAP |
31 | Loan | | 1 | US Storage Centers - Irwindale | 35,252 | SF | 68.08 | 2,400,000 | 2,400,000 | 2,400,000 | 6.13400% | 0.020370% | 6.113630% | NAP | 12,438.39 | NAP |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Annual Debt Service (IO) ($) | Amortization Type | 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.) |
| | | | | | | | | | | | | | | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | 4,098,415.56 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 1/9/2025 | 1 |
2 | Loan | 9, A | 1 | Gateway Center North | 5,087,537.28 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 10/22/2024 | 3 |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | 4,916,884.56 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 1/22/2025 | 0 |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | 3,472,315.92 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 12/5/2024 | 1 |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | 3,326,468.04 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 1/24/2025 | 0 |
5.01 | Property | | 1 | Residence Inn Neptune | | | | | | | | | | | | |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | | | | | | | | | | | | |
5.03 | Property | | 1 | Hilton Garden Inn Milford | | | | | | | | | | | | |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | | | | | | | | | | | | |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | | | | | | | | | | | | |
6 | Loan | 7, B | 1 | Green Caye Village | 2,602,449.96 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 1/14/2025 | 0 |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | 2,512,416.72 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 1/9/2025 | 0 |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | 2,292,534.60 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 11/20/2024 | 2 |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | 1,780,926.48 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 1/14/2025 | 0 |
9.01 | Property | | 1 | Kroger – Zionsville, IN | | | | | | | | | | | | |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | | | | | | | | | | | | |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | | | | | | | | | | | | |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | | | | | | | | | | | | |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | | | | | | | | | | | | |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | | | | | | | | | | | | |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | | | | | | | | | | | | |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | | | | | | | | | | | | |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | | | | | | | | | | | | |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | | | | | | | | | | | | |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | | | | | | | | | | | | |
10 | Loan | | 1 | Rockaway Hotel and Spa | 2,178,910.56 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 12/23/2024 | 1 |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | 1,950,468.72 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 11/27/2024 | 2 |
11.01 | Property | | 1 | Hunter's Pond Apartments | | | | | | | | | | | | |
11.02 | Property | | 1 | Woodwind Apartments | | | | | | | | | | | | |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | | | | | | | | | | | | |
11.04 | Property | | 1 | Jefferson Place Villas | | | | | | | | | | | | |
11.05 | Property | | 1 | Deer Creek Crossing | | | | | | | | | | | | |
11.06 | Property | | 1 | Country Squire Villas | | | | | | | | | | | | |
12 | Loan | D | 1 | Maritime Hotel | 1,493,884.20 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 12/4/2024 | 1 |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 60 | 59 | 360 | 359 | 12/30/2024 | 1 |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | | | | | | | |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | | | | | | | |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | | | | | | | |
13.04 | Property | | 1 | 1640 South Loop Road | | | | | | | | | | | | |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | | | | | | | |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | | | | | | | |
13.07 | Property | | 1 | 1350 South Loop Road | | | | | | | | | | | | |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | | | | | | | |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | | | | | | | |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | | | | | | | |
14 | Loan | | 1 | SpringHill Suites Bloomington | 1,900,529.64 | Interest Only, Amortizing Balloon | No | Actual/360 | 12 | 12 | 60 | 60 | 360 | 360 | 1/24/2025 | 0 |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | 1,386,999.96 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 12/18/2024 | 1 |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | 1,070,367.60 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 12/30/2024 | 1 |
17 | Loan | | 1 | US Storage Centers - Chatsworth | 954,408.12 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 11/20/2024 | 2 |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | 1,072,947.96 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 12/11/2024 | 1 |
19 | Loan | | 1 | Silverado Self Storage | 882,113.76 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 1/7/2025 | 0 |
20 | Loan | 15, 18 | 1 | 321 Starr Street | 945,451.44 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 1/23/2025 | 0 |
21 | Loan | 8, 24 | 1 | Zoe Lofts | 819,389.52 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 1/3/2025 | 1 |
22 | Loan | | 1 | 310 Greenwich Ave | 785,865.24 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 12/23/2024 | 1 |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | 609,030.84 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 1/14/2025 | 0 |
24 | Loan | F | 1 | Cedar Creek MHC | 577,770.72 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 12/31/2024 | 1 |
25 | Loan | G | 1 | Carriage House | 448,600.20 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 11/22/2024 | 2 |
26 | Loan | H | 1 | Riverside Estates | 270,203.88 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 12/30/2024 | 1 |
27 | Loan | | 1 | US Storage Centers - Stanton | 199,445.16 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 12/3/2024 | 1 |
28 | Loan | | 1 | US Storage Centers - Cerritos | 192,795.00 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 11/20/2024 | 2 |
29 | Loan | | 1 | 61 Thompson Street Apartments | 210,133.80 | Interest Only | No | Actual/360 | 60 | 54 | 60 | 54 | 0 | 0 | 7/31/2024 | 6 |
30 | Loan | | 1 | Baumgartner Road Self-Storage | 219,608.28 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 12/30/2024 | 1 |
31 | Loan | | 1 | US Storage Centers - Irwindale | 149,260.68 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 11/20/2024 | 2 |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Payment Due Date | First Payment Date | First P&I Payment Date | Maturity Date or Anticipated Repayment Date | Final Maturity Date | Grace Period - Late Fee (Days) | Grace Period - Default (Days) | Prepayment Provision | Most Recent EGI ($) | Most Recent Expenses ($) |
| | | | | | | | | | | | 11, 12 | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | 9 | 2/9/2025 | NAP | 1/9/2030 | NAP | 0 | 0 | L(25),D(28),O(7) | 162,051,278 | 89,927,973 |
2 | Loan | 9, A | 1 | Gateway Center North | 6 | 12/6/2024 | NAP | 11/6/2029 | NAP | 5 | 0 | L(23),YM1(4),DorYM1(26),O(7) | 35,451,392 | 9,908,655 |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | 11 | 3/11/2025 | NAP | 2/11/2030 | NAP | 0 | 0 | L(24),D(29),O(7) | 21,251,584 | 5,916,275 |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | 1 | 2/1/2025 | NAP | 1/1/2030 | NAP | 0 | 4 | L(25),D(28),O(7) | 5,859,401 | 1,797,077 |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | 6 | 3/6/2025 | NAP | 2/6/2030 | NAP | 0 | 0 | L(24),D(30),O(6) | 21,634,146 | 15,049,037 |
5.01 | Property | | 1 | Residence Inn Neptune | | | | | | | | | 5,020,419 | 3,223,752 |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | | | | | | | | | 5,295,639 | 3,400,408 |
5.03 | Property | | 1 | Hilton Garden Inn Milford | | | | | | | | | 4,490,720 | 3,531,099 |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | | | | | | | | | 3,785,783 | 2,444,990 |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | | | | | | | | | 3,041,585 | 2,448,788 |
6 | Loan | 7, B | 1 | Green Caye Village | 11 | 3/11/2025 | NAP | 2/11/2030 | NAP | 0 | 0 | L(24),YM1(29),O(7) | 7,278,345 | 4,124,846 |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | 1 | 3/1/2025 | NAP | 2/1/2030 | NAP | 0 | 0 | L(24),D(29),O(7) | 20,416,063 | 14,991,673 |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | 1 | 1/1/2025 | NAP | 12/1/2029 | NAP | 0 | 0 | L(26),D(28),O(6) | 12,828,400 | 8,104,518 |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | 1 | 3/1/2025 | NAP | 2/1/2030 | NAP | 5 | 5 | L(24),D(29),O(7) | NAV | NAV |
9.01 | Property | | 1 | Kroger – Zionsville, IN | | | | | | | | | NAV | NAV |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | | | | | | | | | NAV | NAV |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | | | | | | | | | NAV | NAV |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | | | | | | | | | NAV | NAV |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | | | | | | | | | NAV | NAV |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | | | | | | | | | NAV | NAV |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | | | | | | | | | NAV | NAV |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | | | | | | | | | NAV | NAV |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | | | | | | | | | NAV | NAV |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | | | | | | | | | NAV | NAV |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | | | | | | | | | NAV | NAV |
10 | Loan | | 1 | Rockaway Hotel and Spa | 1 | 2/1/2025 | NAP | 1/1/2030 | NAP | 5 | 5 | L(25),D(31),O(4) | 17,019,086 | 12,503,223 |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | 1 | 1/1/2025 | NAP | 12/1/2029 | NAP | 0 | 5 | L(23),YM1(3),DorYM1(27),O(7) | 4,287,904 | 1,505,142 |
11.01 | Property | | 1 | Hunter's Pond Apartments | | | | | | | | | 1,138,188 | 390,613 |
11.02 | Property | | 1 | Woodwind Apartments | | | | | | | | | 1,200,482 | 422,552 |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | | | | | | | | | 718,903 | 212,400 |
11.04 | Property | | 1 | Jefferson Place Villas | | | | | | | | | 499,779 | 194,900 |
11.05 | Property | | 1 | Deer Creek Crossing | | | | | | | | | 460,725 | 168,837 |
11.06 | Property | | 1 | Country Squire Villas | | | | | | | | | 269,827 | 115,839 |
12 | Loan | D | 1 | Maritime Hotel | 1 | 2/1/2025 | NAP | 1/1/2030 | NAP | 0 | 4 | L(25),YM1(28),O(7) | 18,154,064 | 10,201,681 |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | 11 | 2/11/2025 | 2/11/2025 | 1/11/2030 | NAP | 0 | 0 | L(25),D(28),O(7) | 26,278,366 | 8,248,974 |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | | | | 3,531,144 | 1,396,737 |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | | | | 3,768,563 | 894,368 |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | | | | 3,225,446 | 722,947 |
13.04 | Property | | 1 | 1640 South Loop Road | | | | | | | | | 3,757,964 | 923,973 |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | | | | 2,148,459 | 1,270,668 |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | | | | 2,724,116 | 1,230,116 |
13.07 | Property | | 1 | 1350 South Loop Road | | | | | | | | | 3,074,854 | 412,534 |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | | | | 1,991,465 | 514,913 |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | | | | 934,722 | 579,935 |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | | | | 1,121,633 | 302,784 |
14 | Loan | | 1 | SpringHill Suites Bloomington | 5 | 3/5/2025 | 3/5/2026 | 2/5/2030 | NAP | 0 | 0 | L(24),D(30),O(6) | 7,668,645 | 4,122,283 |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | 1 | 2/1/2025 | NAP | 1/1/2030 | NAP | 5 | 5 | L(25),D(28),O(7) | NAV | NAV |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | 1 | 2/1/2025 | NAP | 1/1/2030 | NAP | 5 | 4 | L(25),D(28),O(7) | 5,919,869 | 3,769,556 |
17 | Loan | | 1 | US Storage Centers - Chatsworth | 1 | 1/1/2025 | NAP | 12/1/2029 | NAP | 5 | 4 | L(26),D(27),O(7) | 2,360,945 | 598,166 |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | 1 | 2/1/2025 | NAP | 1/1/2030 | NAP | 0 | 0 | L(25),YM1(29),O(6) | 1,995,364 | 707,246 |
19 | Loan | | 1 | Silverado Self Storage | 1 | 3/1/2025 | NAP | 2/1/2030 | NAP | 5 | 5 | L(24),D(29),O(7) | 1,671,174 | 384,908 |
20 | Loan | 15, 18 | 1 | 321 Starr Street | 1 | 3/1/2025 | NAP | 2/1/2030 | NAP | 0 | 0 | L(24),D(33),O(3) | 1,754,385 | 387,415 |
21 | Loan | 8, 24 | 1 | Zoe Lofts | 11 | 2/11/2025 | NAP | 1/11/2030 | NAP | 0 | 0 | L(25),D(31),O(4) | 2,274,952 | 1,029,098 |
22 | Loan | | 1 | 310 Greenwich Ave | 1 | 2/1/2025 | NAP | 1/1/2030 | NAP | 0 | 5 | L(25),D(31),O(4) | 2,071,304 | 227,176 |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | 11 | 3/11/2025 | NAP | 2/11/2030 | NAP | 0 | 0 | L(24),D(32),O(4) | 1,220,827 | 336,784 |
24 | Loan | F | 1 | Cedar Creek MHC | 1 | 2/1/2025 | NAP | 1/1/2030 | NAP | 5 | 4 | L(25),YM1(28),O(7) | 1,189,815 | 385,294 |
25 | Loan | G | 1 | Carriage House | 1 | 1/1/2025 | NAP | 12/1/2029 | NAP | 0 | 0 | L(25),YM1(29),O(6) | 1,598,638 | 630,141 |
26 | Loan | H | 1 | Riverside Estates | 1 | 2/1/2025 | NAP | 1/1/2030 | NAP | 0 | 5 | L(23),YM1(32),O(5) | 533,314 | 226,001 |
27 | Loan | | 1 | US Storage Centers - Stanton | 1 | 2/1/2025 | NAP | 1/1/2030 | NAP | 5 | 4 | L(25),D(28),O(7) | 1,843,677 | 402,753 |
28 | Loan | | 1 | US Storage Centers - Cerritos | 1 | 1/1/2025 | NAP | 12/1/2029 | NAP | 5 | 4 | L(26),D(27),O(7) | 1,728,652 | 395,931 |
29 | Loan | | 1 | 61 Thompson Street Apartments | 1 | 9/1/2024 | NAP | 8/1/2029 | NAP | 5 | 4 | L(30),D(23),O(7) | NAV | NAV |
30 | Loan | | 1 | Baumgartner Road Self-Storage | 1 | 2/1/2025 | NAP | 1/1/2030 | NAP | 5 | 5 | L(25),D(31),O(4) | 503,977 | 179,356 |
31 | Loan | | 1 | US Storage Centers - Irwindale | 1 | 1/1/2025 | NAP | 12/1/2029 | NAP | 5 | 4 | L(26),D(27),O(7) | 1,241,969 | 247,303 |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | 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 ($) |
| | | | | | | | | | | | | | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | 72,123,305 | 11/30/2024 | T-12 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
2 | Loan | 9, A | 1 | Gateway Center North | 25,542,737 | 8/31/2024 | T-12 | 34,848,697 | 9,860,190 | 24,988,506 | 12/31/2023 | T-12 | 34,479,241 | 9,936,749 | 24,542,492 |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | 15,335,309 | 9/19/2024 | T-9 Annualized | 19,454,413 | 6,332,815 | 13,121,598 | 12/31/2023 | T-12 | 15,486,413 | 5,610,838 | 9,875,575 |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | 4,062,324 | 10/31/2024 | T-12 | 5,716,229 | 1,643,057 | 4,073,172 | 12/31/2023 | T-12 | 5,413,117 | 1,374,471 | 4,038,646 |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | 6,585,109 | 10/31/2024 | T-12 | 18,287,330 | 13,353,823 | 4,933,508 | 12/31/2023 | T-12 | 20,046,299 | 13,546,133 | 6,500,166 |
5.01 | Property | | 1 | Residence Inn Neptune | 1,796,667 | 10/31/2024 | T-12 | 2,757,814 | 2,075,957 | 681,857 | 12/31/2023 | T-12 | 4,616,610 | 2,864,467 | 1,752,142 |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | 1,895,231 | 10/31/2024 | T-12 | 4,537,462 | 3,091,241 | 1,446,221 | 12/31/2023 | T-12 | 4,561,984 | 2,903,465 | 1,658,520 |
5.03 | Property | | 1 | Hilton Garden Inn Milford | 959,621 | 10/31/2024 | T-12 | 4,519,509 | 3,438,101 | 1,081,408 | 12/31/2023 | T-12 | 4,729,899 | 3,446,598 | 1,283,301 |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | 1,340,792 | 10/31/2024 | T-12 | 3,510,751 | 2,399,310 | 1,111,441 | 12/31/2023 | T-12 | 3,385,686 | 2,169,078 | 1,216,608 |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | 592,797 | 10/31/2024 | T-12 | 2,961,794 | 2,349,213 | 612,581 | 12/31/2023 | T-12 | 2,752,119 | 2,162,525 | 589,594 |
6 | Loan | 7, B | 1 | Green Caye Village | 3,153,499 | 10/31/2024 | T-12 | 6,924,960 | 3,641,692 | 3,283,268 | 12/31/2023 | T-12 | 6,496,846 | 3,336,642 | 3,160,204 |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | 5,424,390 | 11/30/2024 | T-12 | 18,049,458 | 13,743,417 | 4,306,041 | 12/31/2023 | T-12 | 11,663,086 | 9,316,711 | 2,346,375 |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | 4,723,882 | 10/31/2024 | T-12 | 11,426,122 | 7,613,771 | 3,812,351 | 12/31/2023 | T-12 | 9,020,242 | 6,473,968 | 2,546,274 |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
9.01 | Property | | 1 | Kroger – Zionsville, IN | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
10 | Loan | | 1 | Rockaway Hotel and Spa | 4,515,863 | 10/31/2024 | T-12 | 16,900,850 | 12,382,473 | 4,518,377 | 12/31/2023 | T-12 | 15,747,263 | 12,500,359 | 3,246,904 |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | 2,782,762 | 8/31/2024 | T-12 | 3,985,851 | 1,539,963 | 2,445,889 | 12/31/2023 | T-12 | NAV | NAV | NAV |
11.01 | Property | | 1 | Hunter's Pond Apartments | 747,575 | 8/31/2024 | T-12 | 1,032,631 | 412,332 | 620,299 | 12/31/2023 | T-12 | NAV | NAV | NAV |
11.02 | Property | | 1 | Woodwind Apartments | 777,930 | 8/31/2024 | T-12 | 1,127,544 | 451,381 | 676,163 | 12/31/2023 | T-12 | NAV | NAV | NAV |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | 506,503 | 8/31/2024 | T-12 | 667,812 | 214,631 | 453,181 | 12/31/2023 | T-12 | NAV | NAV | NAV |
11.04 | Property | | 1 | Jefferson Place Villas | 304,879 | 8/31/2024 | T-12 | 468,863 | 198,013 | 270,850 | 12/31/2023 | T-12 | NAV | NAV | NAV |
11.05 | Property | | 1 | Deer Creek Crossing | 291,888 | 8/31/2024 | T-12 | 442,669 | 158,625 | 284,044 | 12/31/2023 | T-12 | NAV | NAV | NAV |
11.06 | Property | | 1 | Country Squire Villas | 153,987 | 8/31/2024 | T-12 | 246,332 | 104,980 | 141,352 | 12/31/2023 | T-12 | NAV | NAV | NAV |
12 | Loan | D | 1 | Maritime Hotel | 7,952,383 | 10/31/2024 | T-12 | 17,640,745 | 11,490,001 | 6,150,744 | 12/31/2023 | T-12 | 17,189,713 | 10,616,965 | 6,572,748 |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | 18,029,392 | 9/30/2024 | T-12 | 20,168,014 | 8,005,660 | 12,162,354 | 12/31/2023 | T-12 | 16,774,483 | 6,553,693 | 10,220,790 |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | 2,134,406 | 9/30/2024 | T-12 | 3,408,148 | 1,388,430 | 2,019,718 | 12/31/2023 | T-12 | 3,796,855 | 1,221,250 | 2,575,604 |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | 2,874,196 | 9/30/2024 | T-12 | 3,705,963 | 998,863 | 2,707,099 | 12/31/2023 | T-12 | 3,571,444 | 926,541 | 2,644,903 |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | 2,502,499 | 9/30/2024 | T-12 | 2,624,949 | 818,254 | 1,806,694 | 12/31/2023 | T-12 | 3,054,256 | 1,090,965 | 1,963,291 |
13.04 | Property | | 1 | 1640 South Loop Road | 2,833,991 | 9/30/2024 | T-12 | 2,068,113 | 793,697 | 1,274,415 | 12/31/2023 | T-12 | 122,576 | 298,418 | (175,842) |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | 877,791 | 9/30/2024 | T-12 | 2,171,107 | 1,176,095 | 995,012 | 12/31/2023 | T-12 | 1,859,711 | 895,396 | 964,315 |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | 1,494,000 | 9/30/2024 | T-12 | 2,127,441 | 1,153,514 | 973,926 | 12/31/2023 | T-12 | 1,576,253 | 929,791 | 646,462 |
13.07 | Property | | 1 | 1350 South Loop Road | 2,662,320 | 9/30/2024 | T-12 | 857,647 | 338,062 | 519,585 | 12/31/2023 | T-12 | (131,844) | 314,933 | (446,776) |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | 1,476,552 | 9/30/2024 | T-12 | 2,003,460 | 588,306 | 1,415,154 | 12/31/2023 | T-12 | 1,859,815 | 561,529 | 1,298,285 |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | 354,787 | 9/30/2024 | T-12 | 73,170 | 422,554 | (349,384) | 12/31/2023 | T-12 | NAV | NAV | NAV |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | 818,849 | 9/30/2024 | T-12 | 1,128,017 | 327,883 | 800,134 | 12/31/2023 | T-12 | 1,065,417 | 314,869 | 750,548 |
14 | Loan | | 1 | SpringHill Suites Bloomington | 3,546,362 | 11/30/2024 | T-12 | 7,189,975 | 3,865,404 | 3,324,571 | 12/31/2023 | T-12 | 6,288,067 | 3,615,750 | 2,672,317 |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | 2,150,313 | 11/30/2024 | T-12 | 5,907,498 | 3,641,918 | 2,265,580 | 12/31/2023 | T-12 | 5,739,500 | 3,476,648 | 2,262,852 |
17 | Loan | | 1 | US Storage Centers - Chatsworth | 1,762,780 | 9/30/2024 | T-12 | 2,385,078 | 573,669 | 1,811,409 | 12/31/2023 | T-12 | 2,334,503 | 552,929 | 1,781,574 |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | 1,288,118 | 8/31/2024 | T-12 | 1,915,475 | 672,231 | 1,243,245 | 12/31/2023 | T-12 | 1,742,086 | 623,702 | 1,118,384 |
19 | Loan | | 1 | Silverado Self Storage | 1,286,266 | 9/30/2024 | T-12 | 1,646,033 | 417,222 | 1,228,811 | 12/31/2023 | T-12 | 1,525,379 | 399,197 | 1,126,182 |
20 | Loan | 15, 18 | 1 | 321 Starr Street | 1,366,971 | 11/30/2024 | T-12 | 1,542,446 | 307,790 | 1,234,657 | 12/31/2023 | T-12 | 1,492,310 | 511,811 | 980,499 |
21 | Loan | 8, 24 | 1 | Zoe Lofts | 1,245,854 | 10/31/2024 | T-12 | 1,873,827 | 1,060,953 | 812,874 | 12/31/2023 | T-12 | 1,798,974 | 877,114 | 921,860 |
22 | Loan | | 1 | 310 Greenwich Ave | 1,844,128 | 9/30/2024 | T-12 | 2,026,750 | 224,679 | 1,802,071 | 12/31/2023 | T-12 | 1,985,112 | 237,817 | 1,747,295 |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | 884,043 | 9/30/2024 | T-12 | 1,150,697 | 343,296 | 807,177 | 12/31/2023 | T-12 | 1,065,765 | 280,232 | 785,373 |
24 | Loan | F | 1 | Cedar Creek MHC | 804,521 | 10/31/2024 | T-12 | 834,867 | 327,654 | 507,213 | 12/31/2023 | T-12 | NAV | NAV | NAV |
25 | Loan | G | 1 | Carriage House | 968,497 | 8/31/2024 | T-12 | 1,525,768 | 646,156 | 879,612 | 12/31/2023 | T-12 | 1,496,869 | 591,229 | 905,640 |
26 | Loan | H | 1 | Riverside Estates | 307,313 | 11/30/2024 | T-12 | 472,215 | 231,061 | 241,154 | 12/31/2023 | T-12 | 379,143 | 156,349 | 222,794 |
27 | Loan | | 1 | US Storage Centers - Stanton | 1,440,924 | 9/30/2024 | T-12 | 1,866,756 | 407,813 | 1,458,944 | 12/31/2023 | T-12 | 1,725,773 | 394,251 | 1,331,521 |
28 | Loan | | 1 | US Storage Centers - Cerritos | 1,332,721 | 9/30/2024 | T-12 | 1,691,004 | 382,604 | 1,308,400 | 12/31/2023 | T-12 | 1,607,646 | 372,565 | 1,235,081 |
29 | Loan | | 1 | 61 Thompson Street Apartments | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
30 | Loan | | 1 | Baumgartner Road Self-Storage | 324,621 | 10/31/2024 | T-12 | 485,689 | 236,516 | 249,173 | 12/31/2023 | T-12 | 479,939 | 173,806 | 306,133 |
31 | Loan | | 1 | US Storage Centers - Irwindale | 994,666 | 9/30/2024 | T-12 | 1,187,757 | 244,622 | 943,135 | 12/31/2023 | T-12 | 1,137,298 | 244,901 | 892,397 |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Third Most Recent NOI Date | 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 (%) |
| | | | | | | | | | | | | | 13, 14, 15 | 13, 14, 15 | 13, 14, 15 |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | NAV | NAV | 94.1% | 331,268,656 | 94,482,658 | 236,785,998 | 568,869 | 5,688,686 | 230,528,443 | 2.04 | 1.99 | 11.4% |
2 | Loan | 9, A | 1 | Gateway Center North | 12/31/2022 | T-12 | 94.7% | 35,640,597 | 10,159,122 | 25,481,475 | 71,801 | 478,672 | 24,931,003 | 1.23 | 1.20 | 8.5% |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | 12/31/2022 | T-12 | 92.6% | 24,869,719 | 7,150,306 | 17,719,413 | 88,218 | 355,740 | 17,275,455 | 2.73 | 2.66 | 18.2% |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | 12/31/2022 | T-12 | 87.8% | 5,976,239 | 1,649,363 | 4,326,876 | 29,190 | 0 | 4,297,686 | 1.25 | 1.24 | 8.4% |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | 12/31/2022 | T-12 | 73.5% | 21,694,169 | 14,918,807 | 6,775,362 | 867,767 | 0 | 5,907,595 | 2.04 | 1.78 | 15.8% |
5.01 | Property | | 1 | Residence Inn Neptune | 12/31/2022 | T-12 | 69.2% | 5,008,313 | 3,130,781 | 1,877,532 | 200,333 | 0 | 1,677,199 | | | |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | 12/31/2022 | T-12 | 80.0% | 5,278,416 | 3,419,116 | 1,859,300 | 211,137 | 0 | 1,648,164 | | | |
5.03 | Property | | 1 | Hilton Garden Inn Milford | 12/31/2022 | T-12 | 69.2% | 4,591,841 | 3,473,452 | 1,118,390 | 183,674 | 0 | 934,716 | | | |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | 12/31/2022 | T-12 | 75.0% | 3,778,213 | 2,438,765 | 1,339,448 | 151,129 | 0 | 1,188,319 | | | |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | 12/31/2022 | T-12 | 73.4% | 3,037,387 | 2,456,694 | 580,693 | 121,495 | 0 | 459,198 | | | |
6 | Loan | 7, B | 1 | Green Caye Village | 12/31/2022 | T-12 | 90.0% | 7,766,325 | 4,233,638 | 3,532,687 | 120,316 | 0 | 3,412,372 | 1.36 | 1.31 | 8.8% |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | 12/31/2022 | T-12 | 69.6% | 20,360,281 | 14,756,496 | 5,603,785 | 814,411 | 0 | 4,789,374 | 2.23 | 1.91 | 16.0% |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | 12/31/2022 | T-12 | 63.0% | 12,793,350 | 8,028,130 | 4,765,220 | 511,734 | 0 | 4,253,486 | 2.08 | 1.86 | 16.4% |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | NAV | NAV | 96.4% | 3,364,006 | 100,920 | 3,263,086 | 33,628 | 579 | 3,228,879 | 1.83 | 1.81 | 11.3% |
9.01 | Property | | 1 | Kroger – Zionsville, IN | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | | | |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | | | |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | | | |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | | | |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | | | |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | | | |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | | | |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | | | |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | | | |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | | | |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | | | |
10 | Loan | | 1 | Rockaway Hotel and Spa | 12/31/2022 | T-12 | 78.4% | 16,972,585 | 13,157,163 | 3,815,422 | 678,903 | 0 | 3,136,519 | 1.75 | 1.44 | 13.3% |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | NAV | NAV | 94.8% | 4,436,927 | 1,567,439 | 2,869,488 | 96,646 | 0 | 2,772,842 | 1.47 | 1.42 | 10.1% |
11.01 | Property | | 1 | Hunter's Pond Apartments | NAV | NAV | 95.0% | 1,194,651 | 392,900 | 801,751 | 19,152 | 0 | 782,599 | | | |
11.02 | Property | | 1 | Woodwind Apartments | NAV | NAV | 93.9% | 1,249,766 | 422,865 | 826,901 | 25,650 | 0 | 801,251 | | | |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | NAV | NAV | 95.0% | 721,786 | 224,100 | 497,686 | 17,500 | 0 | 480,186 | | | |
11.04 | Property | | 1 | Jefferson Place Villas | NAV | NAV | 95.0% | 510,549 | 202,357 | 308,191 | 13,872 | 0 | 294,319 | | | |
11.05 | Property | | 1 | Deer Creek Crossing | NAV | NAV | 95.0% | 473,910 | 193,313 | 280,597 | 12,972 | 0 | 267,625 | | | |
11.06 | Property | | 1 | Country Squire Villas | NAV | NAV | 92.4% | 286,265 | 131,903 | 154,362 | 7,500 | 0 | 146,862 | | | |
12 | Loan | D | 1 | Maritime Hotel | 12/31/2022 | T-12 | 89.4% | 18,001,268 | 12,291,132 | 5,710,136 | 720,051 | 0 | 4,990,085 | 3.82 | 3.34 | 22.0% |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | 12/31/2022 | T-12 | 91.8% | 31,472,463 | 8,711,242 | 22,761,221 | 128,644 | 193,220 | 22,439,357 | 1.47 | 1.45 | 10.7% |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | 12/31/2022 | T-12 | 100.0% | 5,665,044 | 1,439,747 | 4,225,296 | 24,243 | 36,413 | 4,164,640 | | | |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | 12/31/2022 | T-12 | 100.0% | 3,644,556 | 818,030 | 2,826,526 | 19,596 | 29,433 | 2,777,498 | | | |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | 12/31/2022 | T-12 | 100.0% | 3,166,367 | 683,852 | 2,482,514 | 17,211 | 25,850 | 2,439,453 | | | |
13.04 | Property | | 1 | 1640 South Loop Road | 12/31/2022 | T-12 | 100.0% | 4,366,904 | 1,121,878 | 3,245,026 | 10,356 | 15,554 | 3,219,116 | | | |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | 12/31/2022 | T-12 | 63.7% | 2,761,834 | 1,361,772 | 1,400,062 | 13,507 | 20,288 | 1,366,267 | | | |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | 12/31/2022 | T-12 | 100.0% | 4,056,861 | 1,364,159 | 2,692,701 | 12,539 | 18,834 | 2,661,328 | | | |
13.07 | Property | | 1 | 1350 South Loop Road | 12/31/2022 | T-12 | 100.0% | 3,424,308 | 596,664 | 2,827,643 | 8,729 | 13,111 | 2,805,804 | | | |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | 12/31/2022 | T-12 | 100.0% | 1,889,350 | 441,844 | 1,447,506 | 10,035 | 15,073 | 1,422,397 | | | |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | NAV | NAV | 54.0% | 1,405,047 | 607,990 | 797,057 | 6,763 | 10,158 | 780,135 | | | |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | 12/31/2022 | T-12 | 100.0% | 1,092,194 | 275,305 | 816,889 | 5,663 | 8,506 | 802,719 | | | |
14 | Loan | | 1 | SpringHill Suites Bloomington | 12/31/2022 | T-12 | 73.1% | 7,647,693 | 4,040,765 | 3,606,928 | 305,908 | 0 | 3,301,021 | 1.73 | 1.58 | 14.7% |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | NAV | NAV | 95.0% | 2,814,759 | 495,821 | 2,318,938 | 37,869 | 110,375 | 2,170,694 | 1.67 | 1.57 | 11.6% |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | 12/31/2022 | T-12 | 81.6% | 5,906,532 | 3,841,227 | 2,065,305 | 236,261 | 0 | 1,829,044 | 1.93 | 1.71 | 13.3% |
17 | Loan | | 1 | US Storage Centers - Chatsworth | 12/31/2022 | T-12 | 87.6% | 2,360,946 | 534,668 | 1,826,278 | 13,448 | 0 | 1,812,830 | 1.91 | 1.90 | 12.1% |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | 12/31/2022 | T-12 | 95.0% | 2,102,220 | 709,819 | 1,392,401 | 1,003 | 6,684 | 1,384,714 | 1.30 | 1.29 | 9.3% |
19 | Loan | | 1 | Silverado Self Storage | 12/31/2022 | T-12 | 95.0% | 1,666,637 | 449,933 | 1,216,704 | 15,395 | 0 | 1,201,309 | 1.38 | 1.36 | 9.7% |
20 | Loan | 15, 18 | 1 | 321 Starr Street | 12/31/2022 | T-12 | 95.0% | 1,703,525 | 404,912 | 1,298,613 | 4,331 | 28,874 | 1,265,408 | 1.37 | 1.34 | 10.4% |
21 | Loan | 8, 24 | 1 | Zoe Lofts | 12/31/2022 | T-12 | 94.8% | 2,142,570 | 1,047,685 | 1,094,885 | 15,000 | 29,195 | 1,050,690 | 1.34 | 1.28 | 9.3% |
22 | Loan | | 1 | 310 Greenwich Ave | 12/31/2022 | T-12 | 95.0% | 2,068,438 | 293,549 | 1,774,889 | 2,277 | 116,861 | 1,655,751 | 2.26 | 2.11 | 15.4% |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | 12/31/2022 | T-12 | 94.0% | 1,220,827 | 386,486 | 834,341 | 6,955 | 0 | 827,386 | 1.37 | 1.36 | 9.5% |
24 | Loan | F | 1 | Cedar Creek MHC | NAV | NAV | 95.0% | 1,242,461 | 371,407 | 871,054 | 9,850 | 0 | 861,204 | 1.51 | 1.49 | 11.0% |
25 | Loan | G | 1 | Carriage House | 12/31/2022 | T-12 | 95.0% | 1,661,900 | 664,852 | 997,048 | 22,625 | 0 | 974,423 | 2.22 | 2.17 | 15.3% |
26 | Loan | H | 1 | Riverside Estates | 1/1/2023 | T-12 | 95.0% | 606,401 | 251,673 | 354,728 | 2,300 | 0 | 352,428 | 1.31 | 1.30 | 8.1% |
27 | Loan | | 1 | US Storage Centers - Stanton | 12/31/2022 | T-12 | 87.8% | 1,843,677 | 350,227 | 1,493,450 | 10,256 | 0 | 1,483,194 | 7.49 | 7.44 | 45.3% |
28 | Loan | | 1 | US Storage Centers - Cerritos | 12/31/2022 | T-12 | 85.8% | 1,728,651 | 349,245 | 1,379,406 | 22,600 | 0 | 1,356,806 | 7.15 | 7.04 | 44.5% |
29 | Loan | | 1 | 61 Thompson Street Apartments | NAV | NAV | 95.3% | 359,704 | 100,611 | 259,093 | 2,500 | 0 | 256,593 | 1.23 | 1.22 | 8.5% |
30 | Loan | | 1 | Baumgartner Road Self-Storage | 12/31/2022 | T-12 | 94.5% | 550,841 | 223,543 | 327,298 | 11,741 | 3,159 | 312,398 | 1.49 | 1.42 | 10.9% |
31 | Loan | | 1 | US Storage Centers - Irwindale | 12/31/2022 | T-12 | 82.4% | 1,171,493 | 221,378 | 950,114 | 5,288 | 0 | 944,826 | 6.37 | 6.33 | 39.6% |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Underwritten NCF Debt Yield (%) | Appraised Value ($) | Appraised Value Type | Appraisal Date | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) | Leased Occupancy (%) | Occupancy Date | Single Tenant (Y/N) |
| | | | | 13, 14, 15 | | | | 16, 17, 18 | 16, 17, 18 | 13, 14, 19 | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | 11.1% | 4,600,000,000 | As Stabilized | 12/1/2026 | 45.1% | 45.1% | 93.8% | 1/1/2025 | No |
2 | Loan | 9, A | 1 | Gateway Center North | 8.3% | 443,000,000 | As Is | 9/6/2024 | 67.7% | 67.7% | 96.3% | 9/3/2024 | No |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | 17.8% | 162,500,000 | As Is | 12/4/2024 | 59.8% | 59.8% | 92.7% | 1/31/2025 | No |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | 8.3% | 76,800,000 | As Is | 10/8/2024 | 67.1% | 67.1% | 89.8% | 11/4/2024 | NAP |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | 13.7% | 77,900,000 | As Is | Various | 55.2% | 55.2% | 73.2% | 10/31/2024 | |
5.01 | Property | | 1 | Residence Inn Neptune | | 23,100,000 | As Is | 9/30/2024 | | | 69.2% | 10/31/2024 | NAP |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | | 19,600,000 | As Is | 9/26/2024 | | | 80.0% | 10/31/2024 | NAP |
5.03 | Property | | 1 | Hilton Garden Inn Milford | | 15,700,000 | As Is | 9/30/2024 | | | 67.9% | 10/31/2024 | NAP |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | | 12,600,000 | As Is | 10/2/2024 | | | 75.0% | 10/31/2024 | NAP |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | | 6,900,000 | As Is | 9/30/2024 | | | 73.4% | 10/31/2024 | NAP |
6 | Loan | 7, B | 1 | Green Caye Village | 8.5% | 74,900,000 | As Is | 10/28/2024 | 53.4% | 53.4% | 89.4% | 12/23/2024 | NAP |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | 13.7% | 54,000,000 | As Is | 11/25/2024 | 64.8% | 64.8% | 69.6% | 11/30/2024 | NAP |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | 14.7% | 43,200,000 | As Is | 9/17/2024 | 67.1% | 67.1% | 63.0% | 10/31/2024 | NAP |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | 11.2% | 54,530,000 | As Is | Various | 53.0% | 53.0% | 100.0% | 2/1/2025 | |
9.01 | Property | | 1 | Kroger – Zionsville, IN | | 17,825,000 | As Is | 10/25/2024 | | | 100.0% | 2/1/2025 | Yes |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | | 9,300,000 | As Is | 11/13/2024 | | | 100.0% | 2/1/2025 | Yes |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | | 6,700,000 | As Is | 8/22/2024 | | | 100.0% | 2/1/2025 | Yes |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | | 6,250,000 | As Is | 10/15/2024 | | | 100.0% | 2/1/2025 | Yes |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | | 2,500,000 | As Is | 10/16/2024 | | | 100.0% | 2/1/2025 | Yes |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | | 2,110,000 | As Is | 10/16/2024 | | | 100.0% | 2/1/2025 | Yes |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | | 2,100,000 | As Is | 10/12/2024 | | | 100.0% | 2/1/2025 | Yes |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | | 2,060,000 | As Is | 10/10/2024 | | | 100.0% | 2/1/2025 | Yes |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | | 1,975,000 | As Is | 10/11/2024 | | | 100.0% | 2/1/2025 | Yes |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | | 1,860,000 | As Is | 10/16/2024 | | | 100.0% | 2/1/2025 | Yes |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | | 1,850,000 | As Is | 10/4/2024 | | | 100.0% | 2/1/2025 | Yes |
10 | Loan | | 1 | Rockaway Hotel and Spa | 10.9% | 52,000,000 | As Is | 10/4/2024 | 55.3% | 55.3% | 78.4% | 10/31/2024 | NAP |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | 9.7% | 45,900,000 | As Is | Various | 62.1% | 62.1% | 95.9% | 10/11/2024 | |
11.01 | Property | | 1 | Hunter's Pond Apartments | | 12,300,000 | As Is | 9/12/2024 | | | 96.1% | 10/11/2024 | NAP |
11.02 | Property | | 1 | Woodwind Apartments | | 13,300,000 | As Is | 9/12/2024 | | | 93.7% | 10/11/2024 | NAP |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | | 7,300,000 | As Is | 9/16/2024 | | | 98.6% | 10/11/2024 | NAP |
11.04 | Property | | 1 | Jefferson Place Villas | | 5,300,000 | As Is | 9/16/2024 | | | 95.8% | 10/11/2024 | NAP |
11.05 | Property | | 1 | Deer Creek Crossing | | 4,600,000 | As Is | 9/16/2024 | | | 97.8% | 10/11/2024 | NAP |
11.06 | Property | | 1 | Country Squire Villas | | 3,100,000 | As Is | 9/16/2024 | | | 93.3% | 10/11/2024 | NAP |
12 | Loan | D | 1 | Maritime Hotel | 19.2% | 75,000,000 | As Is | 9/11/2024 | 34.7% | 34.7% | 89.4% | 10/31/2024 | NAP |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | 10.6% | 316,270,000 | Various | Various | 67.0% | 62.9% | 93.9% | Various | |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | | 46,420,000 | Hypothetical As Stabilized | 10/23/2024 | | | 100.0% | 2/11/2025 | Yes |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | | 44,770,000 | Hypothetical As Stabilized | 10/23/2024 | | | 100.0% | 2/11/2025 | Yes |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | | 39,320,000 | Hypothetical As Stabilized | 10/23/2024 | | | 100.0% | 2/11/2025 | Yes |
13.04 | Property | | 1 | 1640 South Loop Road | | 36,500,000 | As Is | 10/21/2024 | | | 100.0% | 11/26/2024 | No |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | | 29,600,000 | As Is | 10/21/2024 | | | 67.1% | 11/26/2024 | No |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | | 35,700,000 | Hypothetical As Complete/Stabilized | 10/21/2024 | | | 100.0% | 11/26/2024 | No |
13.07 | Property | | 1 | 1350 South Loop Road | | 31,490,000 | As Is | 10/23/2024 | | | 100.0% | 2/11/2025 | Yes |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | | 22,930,000 | Hypothetical As Stabilized | 10/23/2024 | | | 100.0% | 2/11/2025 | Yes |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | | 16,600,000 | As Is | 10/21/2024 | | | 49.8% | 10/16/2024 | No |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | | 12,940,000 | Hypothetical As Stabilized | 10/23/2024 | | | 100.0% | 2/11/2025 | Yes |
14 | Loan | | 1 | SpringHill Suites Bloomington | 13.5% | 40,500,000 | As Is | 12/10/2024 | 60.5% | 58.4% | 73.1% | 11/30/2024 | NAP |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | 10.9% | 35,000,000 | As Is | 9/5/2024 | 57.1% | 57.1% | 100.0% | 2/1/2025 | Yes |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | 11.8% | 25,000,000 | As Is | 11/21/2024 | 62.0% | 62.0% | 81.6% | 11/30/2024 | NAP |
17 | Loan | | 1 | US Storage Centers - Chatsworth | 12.0% | 31,300,000 | As Is | 9/13/2024 | 48.2% | 48.2% | 91.9% | 10/31/2024 | NAP |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | 9.2% | 25,400,000 | As Is | 10/31/2024 | 59.1% | 59.1% | 100.0% | 12/1/2024 | No |
19 | Loan | | 1 | Silverado Self Storage | 9.5% | 21,800,000 | As Is | 10/30/2024 | 57.8% | 57.8% | 96.6% | 9/30/2024 | NAP |
20 | Loan | 15, 18 | 1 | 321 Starr Street | 10.1% | 20,050,000 | As Is (Including ICAP Tax Benefit) | 11/25/2024 | 62.3% | 62.3% | 96.5% | 10/21/2024 | No |
21 | Loan | 8, 24 | 1 | Zoe Lofts | 8.9% | 25,800,000 | As Is | 9/19/2024 | 45.5% | 45.5% | 95.0% | 12/16/2024 | NAP |
22 | Loan | | 1 | 310 Greenwich Ave | 14.4% | 23,200,000 | As Is | 11/4/2024 | 49.6% | 49.6% | 100.0% | 2/1/2025 | Yes |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | 9.4% | 13,000,000 | As Is | 12/11/2024 | 67.7% | 67.7% | 96.0% | 10/31/2024 | NAP |
24 | Loan | F | 1 | Cedar Creek MHC | 10.8% | 12,950,000 | As Is | 9/11/2024 | 61.4% | 61.4% | 99.5% | 11/12/2024 | NAP |
25 | Loan | G | 1 | Carriage House | 15.0% | 14,900,000 | As Is | 10/18/2024 | 43.6% | 43.6% | 98.1% | 11/1/2024 | NAP |
26 | Loan | H | 1 | Riverside Estates | 8.0% | 6,600,000 | As Is | 10/21/2024 | 66.7% | 66.7% | 97.8% | 11/27/2024 | NAP |
27 | Loan | | 1 | US Storage Centers - Stanton | 44.9% | 24,100,000 | As Is | 9/12/2024 | 13.7% | 13.7% | 90.2% | 10/31/2024 | NAP |
28 | Loan | | 1 | US Storage Centers - Cerritos | 43.8% | 22,800,000 | As Is | 9/12/2024 | 13.6% | 13.6% | 86.8% | 9/30/2024 | NAP |
29 | Loan | | 1 | 61 Thompson Street Apartments | 8.4% | 4,700,000 | As Is | 6/27/2024 | 65.2% | 65.2% | 100.0% | 7/1/2024 | NAP |
30 | Loan | | 1 | Baumgartner Road Self-Storage | 10.4% | 5,080,000 | As Is | 10/25/2024 | 59.1% | 59.1% | 97.7% | 11/16/2024 | NAP |
31 | Loan | | 1 | US Storage Centers - Irwindale | 39.4% | 14,000,000 | As Is | 9/12/2024 | 17.1% | 17.1% | 92.5% | 9/30/2024 | NAP |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Largest Tenant | Largest Tenant SF | Largest Tenant % of NRA | Largest Tenant Lease Expiration Date | Second Largest Tenant | Second Largest Tenant SF | Second Largest Tenant % of NRA |
| | | | | 13 | | | | | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | Pfizer Inc. | 766,586 | 27.0% | 8/31/2042 | Debevoise & Plimpton LLP | 531,211 | 18.7% |
2 | Loan | 9, A | 1 | Gateway Center North | JCPenney (Ground Lease) | 122,473 | 20.4% | 8/31/2034 | ShopRite | 89,774 | 14.9% |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | Merrill Lynch, Pierce, Fenner & Smith Incorporated | 51,789 | 14.7% | 5/31/2029 | Factory Mutual Insurance Company (FM Global) | 37,652 | 10.7% |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | | | | | | | |
5.01 | Property | | 1 | Residence Inn Neptune | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5.03 | Property | | 1 | Hilton Garden Inn Milford | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6 | Loan | 7, B | 1 | Green Caye Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | | | | | | | |
9.01 | Property | | 1 | Kroger – Zionsville, IN | Kroger | 65,182 | 100.0% | 4/30/2037 | NAP | NAP | NAP |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | Tractor Supply | 38,869 | 100.0% | 8/31/2044 | NAP | NAP | NAP |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | Tractor Supply | 19,097 | 100.0% | 9/30/2044 | NAP | NAP | NAP |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | Tractor Supply | 34,347 | 100.0% | 10/31/2044 | NAP | NAP | NAP |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | Dollar Tree | 9,870 | 100.0% | 2/28/2035 | NAP | NAP | NAP |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | Dollar Tree | 9,828 | 100.0% | 2/28/2035 | NAP | NAP | NAP |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | Dollar Tree | 10,076 | 100.0% | 6/30/2034 | NAP | NAP | NAP |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | Dollar General Plus | 10,640 | 100.0% | 10/31/2039 | NAP | NAP | NAP |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | Dollar Tree | 10,000 | 100.0% | 9/30/2034 | NAP | NAP | NAP |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | Dollar General Plus | 10,640 | 100.0% | 9/30/2039 | NAP | NAP | NAP |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | Sherwin-Williams | 5,640 | 100.0% | 11/30/2034 | NAP | NAP | NAP |
10 | Loan | | 1 | Rockaway Hotel and Spa | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | | | | | | | |
11.01 | Property | | 1 | Hunter's Pond Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11.02 | Property | | 1 | Woodwind Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11.04 | Property | | 1 | Jefferson Place Villas | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11.05 | Property | | 1 | Deer Creek Crossing | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11.06 | Property | | 1 | Country Squire Villas | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12 | Loan | D | 1 | Maritime Hotel | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | | | | | | | |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | Abbott Diabetes Care, Inc | 121,216 | 100.0% | 12/31/2029 | NAP | NAP | NAP |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | Penumbra, Inc. | 97,980 | 100.0% | 12/31/2036 | NAP | NAP | NAP |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | Penumbra, Inc. | 86,055 | 100.0% | 12/31/2036 | NAP | NAP | NAP |
13.04 | Property | | 1 | 1640 South Loop Road | AllCells, LLC | 25,865 | 50.0% | 11/30/2033 | Apertor Pharmaceuticals, Inc. | 13,590 | 26.2% |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | Bay Area Disruptor | 28,488 | 42.2% | 9/30/2037 | SEIU United Service Workers West | 16,829 | 24.9% |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | Infinimmune, Inc | 9,828 | 15.7% | 7/31/2029 | Demetrix, Inc | 9,696 | 15.5% |
13.07 | Property | | 1 | 1350 South Loop Road | Vivani Medical, Inc. | 43,645 | 100.0% | 9/30/2033 | NAP | NAP | NAP |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | Penumbra, Inc. | 50,177 | 100.0% | 12/31/2036 | NAP | NAP | NAP |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | Rubi Laboratories, Inc. | 16,844 | 49.8% | 1/14/2032 | J Peach, LLC DBA Café Jolie | 1 | 0.0% |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | Penumbra, Inc. | 28,317 | 100.0% | 12/31/2036 | NAP | NAP | NAP |
14 | Loan | | 1 | SpringHill Suites Bloomington | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | Unix Packaging | 378,692 | 100.0% | 12/31/2038 | NAP | NAP | NAP |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17 | Loan | | 1 | US Storage Centers - Chatsworth | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | ORA Space | 1,794 | 26.8% | 9/30/2031 | Mykonian House | 1,680 | 25.1% |
19 | Loan | | 1 | Silverado Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20 | Loan | 15, 18 | 1 | 321 Starr Street | MetroRock | 10,825 | 37.5% | 7/30/2028 | Vacations Bar | 9,744 | 33.7% |
21 | Loan | 8, 24 | 1 | Zoe Lofts | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
22 | Loan | | 1 | 310 Greenwich Ave | Restoration Hardware | 15,180 | 100.0% | 8/31/2027 | NAP | NAP | NAP |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
24 | Loan | F | 1 | Cedar Creek MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
25 | Loan | G | 1 | Carriage House | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
26 | Loan | H | 1 | Riverside Estates | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27 | Loan | | 1 | US Storage Centers - Stanton | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28 | Loan | | 1 | US Storage Centers - Cerritos | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
29 | Loan | | 1 | 61 Thompson Street Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
30 | Loan | | 1 | Baumgartner Road Self-Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | | 1 | US Storage Centers - Irwindale | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Second Largest Tenant Lease Expiration Date | Third Largest Tenant | Third Largest Tenant SF | Third Largest Tenant % of NRA | Third Largest Tenant Lease Expiration Date | Fourth Largest Tenant | Fourth Largest Tenant SF | Fourth Largest Tenant % of NRA |
| | | | | | | | | | | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | 10/31/2042 | TPG Global, L.L.C | 302,432 | 10.6% | 7/31/2041 | HSBC Bank USA, National Association | 301,260 | 10.6% |
2 | Loan | 9, A | 1 | Gateway Center North | 10/31/2034 | Burlington Coat Factory | 73,864 | 12.3% | 2/28/2030 | P.C. Richard & Son | 33,593 | 5.6% |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | 3/31/2026 | Morgan Stanley Smith Barney Financing LLC | 32,933 | 9.3% | 1/31/2028 | Miller Starr Regalia | 26,076 | 7.4% |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | | | | | | | | |
5.01 | Property | | 1 | Residence Inn Neptune | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5.03 | Property | | 1 | Hilton Garden Inn Milford | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6 | Loan | 7, B | 1 | Green Caye Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | | | | | | | | |
9.01 | Property | | 1 | Kroger – Zionsville, IN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
10 | Loan | | 1 | Rockaway Hotel and Spa | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | | | | | | | | |
11.01 | Property | | 1 | Hunter's Pond Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11.02 | Property | | 1 | Woodwind Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11.04 | Property | | 1 | Jefferson Place Villas | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11.05 | Property | | 1 | Deer Creek Crossing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11.06 | Property | | 1 | Country Squire Villas | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12 | Loan | D | 1 | Maritime Hotel | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | | | | | | | | |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
13.04 | Property | | 1 | 1640 South Loop Road | 5/31/2031 | IQ Biosciences | 12,325 | 23.8% | 10/31/2031 | NAP | NAP | NAP |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | 5/31/2028 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | 2/28/2025 | Ensigna Biosystems, Inc. | 9,466 | 15.1% | 2/29/2032 | La Clinica de La Raza, Inc. | 8,571 | 13.7% |
13.07 | Property | | 1 | 1350 South Loop Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | 7/31/2028 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | | 1 | SpringHill Suites Bloomington | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17 | Loan | | 1 | US Storage Centers - Chatsworth | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | 9/30/2032 | Gentile's Fine Foods | 1,175 | 17.6% | 10/31/2028 | Little Eric Shoes | 900 | 13.5% |
19 | Loan | | 1 | Silverado Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20 | Loan | 15, 18 | 1 | 321 Starr Street | 2/28/2033 | Tong | 2,195 | 7.6% | 3/14/2029 | Empanada City | 1,000 | 3.5% |
21 | Loan | 8, 24 | 1 | Zoe Lofts | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
22 | Loan | | 1 | 310 Greenwich Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
24 | Loan | F | 1 | Cedar Creek MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
25 | Loan | G | 1 | Carriage House | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
26 | Loan | H | 1 | Riverside Estates | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27 | Loan | | 1 | US Storage Centers - Stanton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28 | Loan | | 1 | US Storage Centers - Cerritos | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
29 | Loan | | 1 | 61 Thompson Street Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
30 | Loan | | 1 | Baumgartner Road Self-Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | | 1 | US Storage Centers - Irwindale | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Fourth Largest Tenant Lease Expiration Date | Fifth Largest Tenant | Fifth Largest Tenant SF | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Lease Expiration Date | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Flood Zone |
| | | | | | | | | | | | | | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | 4/30/2045 | AllianceBernstein L.P. | 166,525 | 5.9% | 12/31/2044 | 11/18/2024 | NAP | 11/25/2024 | NAP | NAP | No |
2 | Loan | 9, A | 1 | Gateway Center North | 1/31/2027 | T.J.Maxx | 32,960 | 5.5% | 8/31/2029 | 9/19/2024 | NAP | 9/11/2024 | NAP | NAP | No |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | 2/28/2030 | Umpqua Bank | 13,644 | 3.9% | 9/30/2027 | 10/4/2024 | NAP | 10/18/2024 | 10/2/2024 | 15% | No |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | NAP | NAP | NAP | NAP | NAP | 11/19/2024 | NAP | 11/1/2024 | NAP | NAP | No |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | | | | | | | | | | | |
5.01 | Property | | 1 | Residence Inn Neptune | NAP | NAP | NAP | NAP | NAP | 10/17/2024 | NAP | 10/18/2024 | NAP | NAP | No |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | NAP | NAP | NAP | NAP | NAP | 10/17/2024 | NAP | 10/18/2024 | NAP | NAP | No |
5.03 | Property | | 1 | Hilton Garden Inn Milford | NAP | NAP | NAP | NAP | NAP | 10/18/2024 | NAP | 10/17/2024 | NAP | NAP | No |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | NAP | NAP | NAP | NAP | NAP | 10/18/2024 | NAP | 10/18/2024 | NAP | NAP | No |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | NAP | NAP | NAP | NAP | NAP | 10/18/2024 | NAP | 10/18/2024 | NAP | NAP | No |
6 | Loan | 7, B | 1 | Green Caye Village | NAP | NAP | NAP | NAP | NAP | 12/16/2024 | NAP | 11/8/2024 | NAP | NAP | Yes - AE |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | NAP | NAP | NAP | NAP | NAP | 11/27/2024 | NAP | 11/27/2024 | NAP | NAP | No |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | NAP | NAP | NAP | NAP | NAP | 9/27/2024 | NAP | 7/23/2024 | NAP | NAP | Yes - AE |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | | | | | | | | | | | |
9.01 | Property | | 1 | Kroger – Zionsville, IN | NAP | NAP | NAP | NAP | NAP | 11/6/2024 | NAP | 11/6/2024 | NAP | NAP | No |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | NAP | NAP | NAP | NAP | NAP | 11/19/2024 | NAP | 11/19/2024 | NAP | NAP | No |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | NAP | NAP | NAP | NAP | NAP | 8/6/2024 | NAP | 8/6/2024 | NAP | NAP | No |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | NAP | NAP | NAP | NAP | NAP | 8/6/2024 | NAP | 8/5/2024 | NAP | NAP | No |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | NAP | NAP | NAP | NAP | NAP | 9/17/2024 | NAP | 9/17/2024 | NAP | NAP | No |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | NAP | NAP | NAP | NAP | NAP | 10/3/2024 | NAP | 10/3/2024 | NAP | NAP | No |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | NAP | NAP | NAP | NAP | NAP | 10/4/2024 | NAP | 10/4/2024 | NAP | NAP | No |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | NAP | NAP | NAP | NAP | NAP | 11/4/2024 | NAP | 11/4/2024 | NAP | NAP | No |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | NAP | NAP | NAP | NAP | NAP | 10/11/2024 | NAP | 10/11/2024 | NAP | NAP | No |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | NAP | NAP | NAP | NAP | NAP | 10/7/2024 | NAP | 10/7/2024 | NAP | NAP | No |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | NAP | NAP | NAP | NAP | NAP | 10/3/2024 | NAP | 10/30/2024 | NAP | NAP | No |
10 | Loan | | 1 | Rockaway Hotel and Spa | NAP | NAP | NAP | NAP | NAP | 11/12/2024 | NAP | 11/12/2024 | NAP | NAP | Yes - AE |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | | | | | | | | | | | |
11.01 | Property | | 1 | Hunter's Pond Apartments | NAP | NAP | NAP | NAP | NAP | 10/4/2024 | NAP | 9/25/2024 | NAP | NAP | No |
11.02 | Property | | 1 | Woodwind Apartments | NAP | NAP | NAP | NAP | NAP | 10/7/2024 | NAP | 9/25/2024 | NAP | NAP | No |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | NAP | NAP | NAP | NAP | NAP | 10/8/2024 | NAP | 9/26/2024 | NAP | NAP | Yes - AE |
11.04 | Property | | 1 | Jefferson Place Villas | NAP | NAP | NAP | NAP | NAP | 10/8/2024 | NAP | 9/26/2024 | NAP | NAP | No |
11.05 | Property | | 1 | Deer Creek Crossing | NAP | NAP | NAP | NAP | NAP | 10/4/2024 | NAP | 9/26/2024 | NAP | NAP | No |
11.06 | Property | | 1 | Country Squire Villas | NAP | NAP | NAP | NAP | NAP | 10/3/2024 | NAP | 9/26/2024 | NAP | NAP | No |
12 | Loan | D | 1 | Maritime Hotel | NAP | NAP | NAP | NAP | NAP | 10/3/2024 | NAP | 10/3/2024 | NAP | NAP | No |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | | | | | | | | | | | |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 17% | No |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 17% | No |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 18% | No |
13.04 | Property | | 1 | 1640 South Loop Road | NAP | NAP | NAP | NAP | NAP | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 16% | No |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 13% | No |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | 9/30/2025 | Novvi, LLC | 7,193 | 11.5% | 2/28/2027 | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 13% | No |
13.07 | Property | | 1 | 1350 South Loop Road | NAP | NAP | NAP | NAP | NAP | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 14% | No |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 16% | No |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 17% | No |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 18% | No |
14 | Loan | | 1 | SpringHill Suites Bloomington | NAP | NAP | NAP | NAP | NAP | 12/20/2024 | NAP | 12/20/2024 | NAP | NAP | No |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | NAP | NAP | NAP | NAP | NAP | 6/24/2024 | NAP | 6/21/2024 | NAP | NAP | No |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | NAP | NAP | NAP | NAP | NAP | 12/5/2024 | NAP | 12/5/2024 | NAP | NAP | No |
17 | Loan | | 1 | US Storage Centers - Chatsworth | NAP | NAP | NAP | NAP | NAP | 9/25/2024 | NAP | 9/24/2024 | 9/23/2024 | 14% | No |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | 8/31/2028 | Madison Apothecary | 635 | 9.5% | 11/30/2031 | 10/31/2024 | NAP | 10/28/2024 | NAP | NAP | No |
19 | Loan | | 1 | Silverado Self Storage | NAP | NAP | NAP | NAP | NAP | 10/30/2024 | NAP | 10/30/2024 | 10/30/2024 | 12% | No |
20 | Loan | 15, 18 | 1 | 321 Starr Street | 3/6/2029 | FootDRx | 860 | 3.0% | 1/31/2028 | 12/4/2024 | NAP | 12/3/2024 | NAP | NAP | No |
21 | Loan | 8, 24 | 1 | Zoe Lofts | NAP | NAP | NAP | NAP | NAP | 10/17/2024 | NAP | 10/17/2024 | 10/17/2024 | 10% | No |
22 | Loan | | 1 | 310 Greenwich Ave | NAP | NAP | NAP | NAP | NAP | 11/22/2024 | NAP | 11/22/2024 | NAP | NAP | No |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | NAP | NAP | NAP | NAP | NAP | 11/26/2024 | NAP | 11/26/2024 | NAP | NAP | No |
24 | Loan | F | 1 | Cedar Creek MHC | NAP | NAP | NAP | NAP | NAP | 9/18/2024 | NAP | 9/18/2024 | NAP | NAP | Yes - AE |
25 | Loan | G | 1 | Carriage House | NAP | NAP | NAP | NAP | NAP | 10/21/2024 | NAP | 10/22/2024 | NAP | NAP | No |
26 | Loan | H | 1 | Riverside Estates | NAP | NAP | NAP | NAP | NAP | 10/29/2024 | NAP | 10/29/2024 | NAP | NAP | Yes - AE |
27 | Loan | | 1 | US Storage Centers - Stanton | NAP | NAP | NAP | NAP | NAP | 9/30/2024 | NAP | 9/30/2024 | 9/26/2024 | 10% | No |
28 | Loan | | 1 | US Storage Centers - Cerritos | NAP | NAP | NAP | NAP | NAP | 9/30/2024 | NAP | 9/30/2024 | 9/26/2024 | 12% | No |
29 | Loan | | 1 | 61 Thompson Street Apartments | NAP | NAP | NAP | NAP | NAP | 7/15/2024 | NAP | 7/15/2024 | NAP | NAP | No |
30 | Loan | | 1 | Baumgartner Road Self-Storage | NAP | NAP | NAP | NAP | NAP | 10/14/2024 | NAP | 10/14/2024 | NAP | NAP | No |
31 | Loan | | 1 | US Storage Centers - Irwindale | NAP | NAP | NAP | NAP | NAP | 9/30/2024 | NAP | 9/30/2024 | 9/26/2024 | 8% | No |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | 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 ($) | Upfront Insurance Reserve ($) | Monthly Insurance Reserve ($) | Upfront Replacement / PIP Reserve ($) |
| | | | | 20, 21, 22 | | | | | | | | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 |
2 | Loan | 9, A | 1 | Gateway Center North | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | Fee | NAP | NAP | NAP | NAP | 0 | 77,188 | 0 | Springing | 0 |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | Fee | NAP | NAP | NAP | NAP | 93,433 | 46,716 | 0 | Springing | 0 |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | | | | | | 82,821 | 65,747 | 335,263 | Springing | 83,560 |
5.01 | Property | | 1 | Residence Inn Neptune | Fee | NAP | NAP | NAP | NAP | | | | | |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | Fee | NAP | NAP | NAP | NAP | | | | | |
5.03 | Property | | 1 | Hilton Garden Inn Milford | Fee | NAP | NAP | NAP | NAP | | | | | |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | Fee | NAP | NAP | NAP | NAP | | | | | |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | Fee | NAP | NAP | NAP | NAP | | | | | |
6 | Loan | 7, B | 1 | Green Caye Village | Fee | NAP | NAP | NAP | NAP | 64,109 | 64,109 | 187,068 | 93,534 | 0 |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | Fee | NAP | NAP | NAP | NAP | 117,571 | 58,786 | 0 | Springing | 0 |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | Fee | NAP | NAP | NAP | NAP | 100 | 23,421 | 0 | Springing | 100 |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | | | | | | 13,470 | 13,470 | 0 | Springing | 20,330 |
9.01 | Property | | 1 | Kroger – Zionsville, IN | Fee | NAP | NAP | NAP | NAP | | | | | |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | Fee | NAP | NAP | NAP | NAP | | | | | |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | Fee | NAP | NAP | NAP | NAP | | | | | |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | Fee | NAP | NAP | NAP | NAP | | | | | |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | Fee | NAP | NAP | NAP | NAP | | | | | |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | Fee | NAP | NAP | NAP | NAP | | | | | |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | Fee | NAP | NAP | NAP | NAP | | | | | |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | Fee | NAP | NAP | NAP | NAP | | | | | |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | Fee | NAP | NAP | NAP | NAP | | | | | |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | Fee | NAP | NAP | NAP | NAP | | | | | |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | Fee | NAP | NAP | NAP | NAP | | | | | |
10 | Loan | | 1 | Rockaway Hotel and Spa | Fee | NAP | NAP | NAP | NAP | 0 | 25,820 | 0 | 50,173 | 0 |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | | | | | | 38,170 | 19,085 | 88,438 | 12,634 | 0 |
11.01 | Property | | 1 | Hunter's Pond Apartments | Fee | NAP | NAP | NAP | NAP | | | | | |
11.02 | Property | | 1 | Woodwind Apartments | Fee | NAP | NAP | NAP | NAP | | | | | |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | Fee | NAP | NAP | NAP | NAP | | | | | |
11.04 | Property | | 1 | Jefferson Place Villas | Fee | NAP | NAP | NAP | NAP | | | | | |
11.05 | Property | | 1 | Deer Creek Crossing | Fee | NAP | NAP | NAP | NAP | | | | | |
11.06 | Property | | 1 | Country Squire Villas | Fee | NAP | NAP | NAP | NAP | | | | | |
12 | Loan | D | 1 | Maritime Hotel | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | | | | | | 1,000,744 | 250,186 | 0 | Springing | 0 |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | Fee | NAP | NAP | NAP | NAP | | | | | |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | Fee | NAP | NAP | NAP | NAP | | | | | |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | Fee | NAP | NAP | NAP | NAP | | | | | |
13.04 | Property | | 1 | 1640 South Loop Road | Fee | NAP | NAP | NAP | NAP | | | | | |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | Fee | NAP | NAP | NAP | NAP | | | | | |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | Fee | NAP | NAP | NAP | NAP | | | | | |
13.07 | Property | | 1 | 1350 South Loop Road | Fee | NAP | NAP | NAP | NAP | | | | | |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | Fee | NAP | NAP | NAP | NAP | | | | | |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | Fee | NAP | NAP | NAP | NAP | | | | | |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | Fee | NAP | NAP | NAP | NAP | | | | | |
14 | Loan | | 1 | SpringHill Suites Bloomington | Fee | NAP | NAP | NAP | NAP | 107,771 | 26,943 | 0 | Springing | 100 |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | Fee | NAP | NAP | NAP | NAP | 22,885 | 4,577 | 0 | Springing | 0 |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | Fee | NAP | NAP | NAP | NAP | 13,927 | 13,927 | 0 | Springing | 0 |
17 | Loan | | 1 | US Storage Centers - Chatsworth | Fee | NAP | NAP | NAP | NAP | 60,918 | 20,306 | 0 | Springing | 0 |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | Fee | NAP | NAP | NAP | NAP | 75,000 | 40,077 | 1,797 | 898 | 84 |
19 | Loan | | 1 | Silverado Self Storage | Fee | NAP | NAP | NAP | NAP | 21,507 | 7,169 | 9,684 | 2,421 | 0 |
20 | Loan | 15, 18 | 1 | 321 Starr Street | Fee | NAP | NAP | NAP | NAP | 8,864 | 4,432 | 33,801 | 3,705 | 361 |
21 | Loan | 8, 24 | 1 | Zoe Lofts | Fee | NAP | NAP | NAP | NAP | 75,748 | 18,937 | 0 | Springing | 0 |
22 | Loan | | 1 | 310 Greenwich Ave | Fee | NAP | NAP | NAP | NAP | 19,870 | 19,870 | 0 | Springing | 0 |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | Fee | NAP | NAP | NAP | NAP | 35,890 | 7,178 | 9,903 | 3,301 | 0 |
24 | Loan | F | 1 | Cedar Creek MHC | Fee | NAP | NAP | NAP | NAP | 4,828 | 1,368 | 1,865 | 933 | 0 |
25 | Loan | G | 1 | Carriage House | Fee | NAP | NAP | NAP | NAP | 115,110 | 20,702 | 48,421 | 4,402 | 1,885 |
26 | Loan | H | 1 | Riverside Estates | Fee | NAP | NAP | NAP | NAP | 12,527 | 6,263 | 10,865 | 2,716 | 0 |
27 | Loan | | 1 | US Storage Centers - Stanton | Fee | NAP | NAP | NAP | NAP | 21,305 | 5,326 | 0 | Springing | 0 |
28 | Loan | | 1 | US Storage Centers - Cerritos | Fee | NAP | NAP | NAP | NAP | 21,837 | 7,279 | 0 | Springing | 0 |
29 | Loan | | 1 | 61 Thompson Street Apartments | Fee | NAP | NAP | NAP | NAP | 18,462 | 6,154 | 3,579 | 1,193 | 0 |
30 | Loan | | 1 | Baumgartner Road Self-Storage | Fee | NAP | NAP | NAP | NAP | 16,618 | 8,309 | 4,246 | 2,123 | 48,200 |
31 | Loan | | 1 | US Storage Centers - Irwindale | Fee | NAP | NAP | NAP | NAP | 5,973 | 1,991 | 0 | Springing | 0 |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Monthly Replacement / FF&E Reserve ($) | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) |
| | | | | 23 | | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | Springing | 853,308 | 0 | Springing |
2 | Loan | 9, A | 1 | Gateway Center North | Springing | 143,599 | 0 | Springing |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | 7,352 | 0 | 3,500,000 | 58,812 |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | 2,433 | 0 | 0 | 0 |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | 5.0% of Gross Rents for the 2 months prior to the payment date or such higher amount as required by the applicable Franchise Agreement | 0 | 0 | 0 |
5.01 | Property | | 1 | Residence Inn Neptune | | | | |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | | | | |
5.03 | Property | | 1 | Hilton Garden Inn Milford | | | | |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | | | | |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | | | | |
6 | Loan | 7, B | 1 | Green Caye Village | 10,026 | 0 | 0 | 0 |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | 67,868 | 0 | 0 | 0 |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | 4% of gross rents for the calendar month two months prior | 0 | 0 | 0 |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | Springing | 0 | 500,000 | Springing |
9.01 | Property | | 1 | Kroger – Zionsville, IN | | | | |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | | | | |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | | | | |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | | | | |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | | | | |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | | | | |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | | | | |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | | | | |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | | | | |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | | | | |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | | | | |
10 | Loan | | 1 | Rockaway Hotel and Spa | 56,575 | 0 | 0 | 0 |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | 8,060 | 0 | 0 | 0 |
11.01 | Property | | 1 | Hunter's Pond Apartments | | | | |
11.02 | Property | | 1 | Woodwind Apartments | | | | |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | | | | |
11.04 | Property | | 1 | Jefferson Place Villas | | | | |
11.05 | Property | | 1 | Deer Creek Crossing | | | | |
11.06 | Property | | 1 | Country Squire Villas | | | | |
12 | Loan | D | 1 | Maritime Hotel | Springing | 0 | 0 | 0 |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | 10,721 | 385,932 | 4,500,000 | 53,602 |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | |
13.04 | Property | | 1 | 1640 South Loop Road | | | | |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | |
13.07 | Property | | 1 | 1350 South Loop Road | | | | |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | |
14 | Loan | | 1 | SpringHill Suites Bloomington | 4% of gross rents plus operating income for the calendar month two months prior | 0 | 0 | 0 |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | 3,156 | 0 | 0 | 6,312 |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | 19,688 | 0 | 0 | 0 |
17 | Loan | | 1 | US Storage Centers - Chatsworth | 1,121 | 40,344 | 0 | 0 |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | 84 | 3,008 | 200,000 | 557 |
19 | Loan | | 1 | Silverado Self Storage | 1,283 | 0 | 0 | 0 |
20 | Loan | 15, 18 | 1 | 321 Starr Street | 361 | 0 | 2,406 | 2,406 |
21 | Loan | 8, 24 | 1 | Zoe Lofts | 1,250 | 45,000 | 0 | 2,193 |
22 | Loan | | 1 | 310 Greenwich Ave | 0 | 0 | 0 | Springing |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | 580 | 0 | 0 | 0 |
24 | Loan | F | 1 | Cedar Creek MHC | 821 | 29,550 | 0 | 0 |
25 | Loan | G | 1 | Carriage House | 1,885 | 0 | 0 | 0 |
26 | Loan | H | 1 | Riverside Estates | 188 | 0 | 0 | 0 |
27 | Loan | | 1 | US Storage Centers - Stanton | 855 | 30,768 | 0 | 0 |
28 | Loan | | 1 | US Storage Centers - Cerritos | 756 | 27,216 | 0 | 0 |
29 | Loan | | 1 | 61 Thompson Street Apartments | 208 | 0 | 0 | 0 |
30 | Loan | | 1 | Baumgartner Road Self-Storage | 978 | Springing | 0 | 0 |
31 | Loan | | 1 | US Storage Centers - Irwindale | 441 | 15,864 | 0 | 0 |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Monthly Debt Service Reserve ($) | Debt Service Reserve Cap ($) | Upfront Deferred Maintenance Reserve ($) | Upfront Other Reserve ($) | Monthly Other Reserve ($) |
| | | | | | | | | | 24 | 25 |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | $150.00 per rentable square foot of the applicable Lease Sweep Premises | 0 | 0 | 0 | 0 | 220,726,391 | 0 |
2 | Loan | 9, A | 1 | Gateway Center North | 957,344 | 0 | 0 | 0 | 0 | 3,084,213 | 0 |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | 0 | 0 | 0 | 0 | 0 | 429,649 | 0 |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | 0 | 0 | 0 | 0 | 56,979 | 3,000,000 | Springing |
5.01 | Property | | 1 | Residence Inn Neptune | | | | | | | |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | | | | | | | |
5.03 | Property | | 1 | Hilton Garden Inn Milford | | | | | | | |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | | | | | | | |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | | | | | | | |
6 | Loan | 7, B | 1 | Green Caye Village | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | 0 | 0 | 0 | 0 | 26,250 | 579,000 | 0 |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | 0 | 0 | 0 | 0 | 20,130 | 528,400 | Springing |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | 0 | 0 | 0 | 0 | 3,780 | 0 | 0 |
9.01 | Property | | 1 | Kroger – Zionsville, IN | | | | | | | |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | | | | | | | |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | | | | | | | |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | | | | | | | |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | | | | | | | |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | | | | | | | |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | | | | | | | |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | | | | | | | |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | | | | | | | |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | | | | | | | |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | | | | | | | |
10 | Loan | | 1 | Rockaway Hotel and Spa | 0 | 0 | 0 | 0 | 0 | 230,000 | Springing |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | 0 | 0 | 0 | 0 | 5,290 | 60,375 | 0 |
11.01 | Property | | 1 | Hunter's Pond Apartments | | | | | | | |
11.02 | Property | | 1 | Woodwind Apartments | | | | | | | |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | | | | | | | |
11.04 | Property | | 1 | Jefferson Place Villas | | | | | | | |
11.05 | Property | | 1 | Deer Creek Crossing | | | | | | | |
11.06 | Property | | 1 | Country Squire Villas | | | | | | | |
12 | Loan | D | 1 | Maritime Hotel | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | $1,400,000 (After an Abbott Renewal Event) | 0 | 0 | 0 | 0 | 21,215,775 | Springing |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | | |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | | |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | | |
13.04 | Property | | 1 | 1640 South Loop Road | | | | | | | |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | | |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | | |
13.07 | Property | | 1 | 1350 South Loop Road | | | | | | | |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | | |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | | |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | | |
14 | Loan | | 1 | SpringHill Suites Bloomington | 0 | 0 | 0 | 0 | 0 | 0 | Springing |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | 0 | 0 | 0 | 0 | 129,750 | 0 | 0 |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | 0 | 0 | 0 | 0 | 0 | 1,700,000 | 0 |
17 | Loan | | 1 | US Storage Centers - Chatsworth | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | 0 | 0 | 0 | 0 | 0 | 0 | Springing |
19 | Loan | | 1 | Silverado Self Storage | 0 | 0 | 0 | 0 | 1,563 | 0 | 0 |
20 | Loan | 15, 18 | 1 | 321 Starr Street | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
21 | Loan | 8, 24 | 1 | Zoe Lofts | 0 | 0 | 0 | 0 | 0 | 0 | 240 |
22 | Loan | | 1 | 310 Greenwich Ave | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
24 | Loan | F | 1 | Cedar Creek MHC | 0 | 0 | 0 | 0 | 23,820 | 0 | 0 |
25 | Loan | G | 1 | Carriage House | 0 | 0 | 0 | 0 | 59,513 | 0 | 0 |
26 | Loan | H | 1 | Riverside Estates | 0 | 0 | 0 | 0 | 5,500 | 0 | 0 |
27 | Loan | | 1 | US Storage Centers - Stanton | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
28 | Loan | | 1 | US Storage Centers - Cerritos | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
29 | Loan | | 1 | 61 Thompson Street Apartments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
30 | Loan | | 1 | Baumgartner Road Self-Storage | 0 | 0 | 0 | 0 | 191,375 | 0 | 0 |
31 | Loan | | 1 | US Storage Centers - Irwindale | 0 | 0 | 0 | 0 | 39,783 | 0 | 0 |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Other Reserve Description | Other Reserve Cap ($) |
| | | | | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | Specified Tenant Reserve | 0 |
2 | Loan | 9, A | 1 | Gateway Center North | Landlord Obligation Reserve ($1,353,710); Gap Rent Reserve ($1,730,503) | 0 |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | NAP | 0 |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | Building 1400B Restoration Reserve | 0 |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | PIP Reserve | 0 |
5.01 | Property | | 1 | Residence Inn Neptune | | |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | | |
5.03 | Property | | 1 | Hilton Garden Inn Milford | | |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | | |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | | |
6 | Loan | 7, B | 1 | Green Caye Village | NAP | 0 |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | PIP Reserve | 0 |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | Seasonality Reserve (Upfront: $500,000; Monthly: Springing); PIP Reserve (Upfront: $28,400; Monthly: Springing); Special Event Advance Reserve (Monthly: Springing) | 0 |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | NAP | 0 |
9.01 | Property | | 1 | Kroger – Zionsville, IN | | |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | | |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | | |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | | |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | | |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | | |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | | |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | | |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | | |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | | |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | | |
10 | Loan | | 1 | Rockaway Hotel and Spa | Seasonality Reserve (Upfront: $230,000; Monthly: Springing); Condominium Reserve (Monthly: Springing) | 0 |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | Radon Mitigation Reserve | 0 |
11.01 | Property | | 1 | Hunter's Pond Apartments | | |
11.02 | Property | | 1 | Woodwind Apartments | | |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | | |
11.04 | Property | | 1 | Jefferson Place Villas | | |
11.05 | Property | | 1 | Deer Creek Crossing | | |
11.06 | Property | | 1 | Country Squire Villas | | |
12 | Loan | D | 1 | Maritime Hotel | NAP | 0 |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | Existing TI/LC Obligations Reserve (Upfront: $20,860,736); Rent Concession Reserve (Upfront: $355,039); Abbott Reserve (Monthly: Springing; Cap: $12,000,000) | 12,000,000 |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | | |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | | |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | | |
13.04 | Property | | 1 | 1640 South Loop Road | | |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | | |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | | |
13.07 | Property | | 1 | 1350 South Loop Road | | |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | | |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | | |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | | |
14 | Loan | | 1 | SpringHill Suites Bloomington | PIP Reserve | 0 |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | NAP | 0 |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | PIP Reserve | 0 |
17 | Loan | | 1 | US Storage Centers - Chatsworth | NAP | 0 |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | Condominium Assessments Reserve | 0 |
19 | Loan | | 1 | Silverado Self Storage | NAP | 0 |
20 | Loan | 15, 18 | 1 | 321 Starr Street | NAP | 0 |
21 | Loan | 8, 24 | 1 | Zoe Lofts | Retail Replacement Reserve | 8,646 |
22 | Loan | | 1 | 310 Greenwich Ave | NAP | 0 |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | NAP | 0 |
24 | Loan | F | 1 | Cedar Creek MHC | NAP | 0 |
25 | Loan | G | 1 | Carriage House | NAP | 0 |
26 | Loan | H | 1 | Riverside Estates | NAP | 0 |
27 | Loan | | 1 | US Storage Centers - Stanton | NAP | 0 |
28 | Loan | | 1 | US Storage Centers - Cerritos | NAP | 0 |
29 | Loan | | 1 | 61 Thompson Street Apartments | NAP | 0 |
30 | Loan | | 1 | Baumgartner Road Self-Storage | NAP | 0 |
31 | Loan | | 1 | US Storage Centers - Irwindale | NAP | 0 |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Holdback/ Earnout Amount ($) | Holdback/ Earnout Description |
| | | | | 26 | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | 0 | NAP |
2 | Loan | 9, A | 1 | Gateway Center North | 0 | NAP |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | 0 | NAP |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | 0 | NAP |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | 0 | NAP |
5.01 | Property | | 1 | Residence Inn Neptune | | |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | | |
5.03 | Property | | 1 | Hilton Garden Inn Milford | | |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | | |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | | |
6 | Loan | 7, B | 1 | Green Caye Village | 0 | NAP |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | 0 | NAP |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | 0 | NAP |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | 0 | NAP |
9.01 | Property | | 1 | Kroger – Zionsville, IN | | |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | | |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | | |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | | |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | | |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | | |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | | |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | | |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | | |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | | |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | | |
10 | Loan | | 1 | Rockaway Hotel and Spa | 0 | NAP |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | 0 | NAP |
11.01 | Property | | 1 | Hunter's Pond Apartments | | |
11.02 | Property | | 1 | Woodwind Apartments | | |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | | |
11.04 | Property | | 1 | Jefferson Place Villas | | |
11.05 | Property | | 1 | Deer Creek Crossing | | |
11.06 | Property | | 1 | Country Squire Villas | | |
12 | Loan | D | 1 | Maritime Hotel | 0 | NAP |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | 0 | NAP |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | | |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | | |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | | |
13.04 | Property | | 1 | 1640 South Loop Road | | |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | | |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | | |
13.07 | Property | | 1 | 1350 South Loop Road | | |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | | |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | | |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | | |
14 | Loan | | 1 | SpringHill Suites Bloomington | 0 | NAP |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | 0 | NAP |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | 1,000,000 | Capitalized Holdback Reserve - Lender shall disburse to Borrower the Capitalized Holdback Funds on the date on which the Property’s Underwritten NCF is at least equal to 11.65%, such calculation of Underwritten NCF to be based (x) initially on the trailing twelve month period ending in June 2025, and (y) thereafter, each subsequent trailing twelve-month period, provided, however, Lender shall not be obligated to disburse the Capitalized Holdback Funds after the Payment Date occurring in January 2029. |
17 | Loan | | 1 | US Storage Centers - Chatsworth | 0 | NAP |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | 0 | NAP |
19 | Loan | | 1 | Silverado Self Storage | 0 | NAP |
20 | Loan | 15, 18 | 1 | 321 Starr Street | 0 | NAP |
21 | Loan | 8, 24 | 1 | Zoe Lofts | 0 | NAP |
22 | Loan | | 1 | 310 Greenwich Ave | 0 | NAP |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | 0 | NAP |
24 | Loan | F | 1 | Cedar Creek MHC | 0 | NAP |
25 | Loan | G | 1 | Carriage House | 0 | NAP |
26 | Loan | H | 1 | Riverside Estates | 0 | NAP |
27 | Loan | | 1 | US Storage Centers - Stanton | 0 | NAP |
28 | Loan | | 1 | US Storage Centers - Cerritos | 0 | NAP |
29 | Loan | | 1 | 61 Thompson Street Apartments | 0 | NAP |
30 | Loan | | 1 | Baumgartner Road Self-Storage | 0 | NAP |
31 | Loan | | 1 | US Storage Centers - Irwindale | 0 | NAP |
Loan ID Number | Loan / 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 ($) | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) |
| | | | | | | | | | | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | Hard | Springing | Yes | Yes | Yes | No | 73,500,000 | 2,003,200,000 |
2 | Loan | 9, A | 1 | Gateway Center North | Hard | Springing | Yes | No | Yes | No | 73,500,000 | 226,500,000 |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | Soft | Springing | Yes | No | Yes | Yes | 73,500,000 | 23,700,000 |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | Hard | Springing | Yes | No | No | NAP | NAP | NAP |
5.01 | Property | | 1 | Residence Inn Neptune | | | | | | | | |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | | | | | | | | |
5.03 | Property | | 1 | Hilton Garden Inn Milford | | | | | | | | |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | | | | | | | | |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | | | | | | | | |
6 | Loan | 7, B | 1 | Green Caye Village | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | Hard | Springing | Yes | No | No | NAP | NAP | NAP |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP |
9.01 | Property | | 1 | Kroger – Zionsville, IN | | | | | | | | |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | | | | | | | | |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | | | | | | | | |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | | | | | | | | |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | | | | | | | | |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | | | | | | | | |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | | | | | | | | |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | | | | | | | | |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | | | | | | | | |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | | | | | | | | |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | | | | | | | | |
10 | Loan | | 1 | Rockaway Hotel and Spa | Hard | Springing | Yes | No | No | NAP | NAP | NAP |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
11.01 | Property | | 1 | Hunter's Pond Apartments | | | | | | | | |
11.02 | Property | | 1 | Woodwind Apartments | | | | | | | | |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | | | | | | | | |
11.04 | Property | | 1 | Jefferson Place Villas | | | | | | | | |
11.05 | Property | | 1 | Deer Creek Crossing | | | | | | | | |
11.06 | Property | | 1 | Country Squire Villas | | | | | | | | |
12 | Loan | D | 1 | Maritime Hotel | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | Hard | Springing | Yes | Yes | Yes | No | 24,979,960 | 186,850,104 |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | | | |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | | | |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | | | |
13.04 | Property | | 1 | 1640 South Loop Road | | | | | | | | |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | | | |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | | | |
13.07 | Property | | 1 | 1350 South Loop Road | | | | | | | | |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | | | |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | | | |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | | | |
14 | Loan | | 1 | SpringHill Suites Bloomington | Hard | Springing | Yes | No | No | NAP | NAP | NAP |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
17 | Loan | | 1 | US Storage Centers - Chatsworth | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP |
19 | Loan | | 1 | Silverado Self Storage | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
20 | Loan | 15, 18 | 1 | 321 Starr Street | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP |
21 | Loan | 8, 24 | 1 | Zoe Lofts | Soft (Residential) / Hard (Commercial) | Springing | Yes | No | No | NAP | NAP | NAP |
22 | Loan | | 1 | 310 Greenwich Ave | Hard | In Place | Yes | Yes | No | NAP | NAP | NAP |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
24 | Loan | F | 1 | Cedar Creek MHC | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
25 | Loan | G | 1 | Carriage House | Soft | Springing | Yes | No | No | NAP | NAP | NAP |
26 | Loan | H | 1 | Riverside Estates | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
27 | Loan | | 1 | US Storage Centers - Stanton | None | None | No | No | No | NAP | NAP | NAP |
28 | Loan | | 1 | US Storage Centers - Cerritos | None | None | No | No | No | NAP | NAP | NAP |
29 | Loan | | 1 | 61 Thompson Street Apartments | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
30 | Loan | | 1 | Baumgartner Road Self-Storage | Springing | Springing | Yes | No | No | NAP | NAP | NAP |
31 | Loan | | 1 | US Storage Centers - Irwindale | None | None | No | No | No | NAP | NAP | NAP |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | 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 ($) | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) | Whole Loan Underwritten NCF DSCR (x) | Whole Loan Underwritten NOI Debt Yield (%) | Mezzanine Debt Cut-off Date Balance($) |
| | | | | | | | | | | | | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | 9,308,412.23 | 9,649,946.86 | 773,300,000 | 6.36868460881935% | 2,850,000,000 | 13,811,034.56 | 62.0% | 1.39 | 8.3% | NAP |
2 | Loan | 9, A | 1 | Gateway Center North | 1,306,493.42 | 1,730,454.86 | NAP | NAP | 300,000,000 | 1,730,454.86 | 67.7% | 1.20 | 8.5% | NAP |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | 132,120.37 | 541,860.75 | NAP | NAP | 97,200,000 | 541,860.75 | 59.8% | 2.66 | 18.2% | NAP |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5.01 | Property | | 1 | Residence Inn Neptune | | | | | | | | | | |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | | | | | | | | | | |
5.03 | Property | | 1 | Hilton Garden Inn Milford | | | | | | | | | | |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | | | | | | | | | | |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | | | | | | | | | | |
6 | Loan | 7, B | 1 | Green Caye Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9.01 | Property | | 1 | Kroger – Zionsville, IN | | | | | | | | | | |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | | | | | | | | | | |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | | | | | | | | | | |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | | | | | | | | | | |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | | | | | | | | | | |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | | | | | | | | | | |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | | | | | | | | | | |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | | | | | | | | | | |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | | | | | | | | | | |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | | | | | | | | | | |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | | | | | | | | | | |
10 | Loan | | 1 | Rockaway Hotel and Spa | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11.01 | Property | | 1 | Hunter's Pond Apartments | | | | | | | | | | |
11.02 | Property | | 1 | Woodwind Apartments | | | | | | | | | | |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | | | | | | | | | | |
11.04 | Property | | 1 | Jefferson Place Villas | | | | | | | | | | |
11.05 | Property | | 1 | Deer Creek Crossing | | | | | | | | | | |
11.06 | Property | | 1 | Country Squire Villas | | | | | | | | | | |
12 | Loan | D | 1 | Maritime Hotel | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | 1,136,352.64 | 1,288,271.44 | NAP | NAP | 211,830,064 | 1,288,271.44 | 67.0% | 1.45 | 10.7% | NAP |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | | | | | |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | | | | | |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | | | | | |
13.04 | Property | | 1 | 1640 South Loop Road | | | | | | | | | | |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | | | | | |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | | | | | |
13.07 | Property | | 1 | 1350 South Loop Road | | | | | | | | | | |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | | | | | |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | | | | | |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | | | | | |
14 | Loan | | 1 | SpringHill Suites Bloomington | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17 | Loan | | 1 | US Storage Centers - Chatsworth | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19 | Loan | | 1 | Silverado Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20 | Loan | 15, 18 | 1 | 321 Starr Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
21 | Loan | 8, 24 | 1 | Zoe Lofts | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
22 | Loan | | 1 | 310 Greenwich Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
24 | Loan | F | 1 | Cedar Creek MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
25 | Loan | G | 1 | Carriage House | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
26 | Loan | H | 1 | Riverside Estates | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27 | Loan | | 1 | US Storage Centers - Stanton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28 | Loan | | 1 | US Storage Centers - Cerritos | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
29 | Loan | | 1 | 61 Thompson Street Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
30 | Loan | | 1 | Baumgartner Road Self-Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | | 1 | US Storage Centers - Irwindale | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | 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) | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) | Future Debt Permitted Type |
| | | | | | | | | | | 27 | 27 |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Mezzanine |
2 | Loan | 9, A | 1 | Gateway Center North | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
5.01 | Property | | 1 | Residence Inn Neptune | | | | | | | | |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | | | | | | | | |
5.03 | Property | | 1 | Hilton Garden Inn Milford | | | | | | | | |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | | | | | | | | |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | | | | | | | | |
6 | Loan | 7, B | 1 | Green Caye Village | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
9.01 | Property | | 1 | Kroger – Zionsville, IN | | | | | | | | |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | | | | | | | | |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | | | | | | | | |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | | | | | | | | |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | | | | | | | | |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | | | | | | | | |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | | | | | | | | |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | | | | | | | | |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | | | | | | | | |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | | | | | | | | |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | | | | | | | | |
10 | Loan | | 1 | Rockaway Hotel and Spa | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
11.01 | Property | | 1 | Hunter's Pond Apartments | | | | | | | | |
11.02 | Property | | 1 | Woodwind Apartments | | | | | | | | |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | | | | | | | | |
11.04 | Property | | 1 | Jefferson Place Villas | | | | | | | | |
11.05 | Property | | 1 | Deer Creek Crossing | | | | | | | | |
11.06 | Property | | 1 | Country Squire Villas | | | | | | | | |
12 | Loan | D | 1 | Maritime Hotel | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | | | |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | | | |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | | | |
13.04 | Property | | 1 | 1640 South Loop Road | | | | | | | | |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | | | |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | | | |
13.07 | Property | | 1 | 1350 South Loop Road | | | | | | | | |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | | | |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | | | |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | | | |
14 | Loan | | 1 | SpringHill Suites Bloomington | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
17 | Loan | | 1 | US Storage Centers - Chatsworth | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
19 | Loan | | 1 | Silverado Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
20 | Loan | 15, 18 | 1 | 321 Starr Street | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
21 | Loan | 8, 24 | 1 | Zoe Lofts | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
22 | Loan | | 1 | 310 Greenwich Ave | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
24 | Loan | F | 1 | Cedar Creek MHC | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
25 | Loan | G | 1 | Carriage House | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
26 | Loan | H | 1 | Riverside Estates | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
27 | Loan | | 1 | US Storage Centers - Stanton | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
28 | Loan | | 1 | US Storage Centers - Cerritos | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
29 | Loan | | 1 | 61 Thompson Street Apartments | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
30 | Loan | | 1 | Baumgartner Road Self-Storage | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
31 | Loan | | 1 | US Storage Centers - Irwindale | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Sponsor | Non-Recourse Carveout Guarantor |
| | | | | | 28, 29 |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | Tishman Speyer Crown Equities 2007 LLC | NAP |
2 | Loan | 9, A | 1 | Gateway Center North | The Related Companies, L.P. | The Related Companies, L.P. |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | SFF Realty Fund IV, L.P. | SFF Realty Fund IV, L.P. |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | Cohen Investment Group | Hugh D. Cohen and Joel T. Flax |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | American Hotel Income Properties REIT Inc. | American Hotel Income Properties REIT Inc. |
5.01 | Property | | 1 | Residence Inn Neptune | | |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | | |
5.03 | Property | | 1 | Hilton Garden Inn Milford | | |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | | |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | | |
6 | Loan | 7, B | 1 | Green Caye Village | Stonetown MRE Texas, LLC | Stonetown MRE Texas, LLC |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | Jacob K. Kuo, Esther Kuo and Lydia Hsu | Jacob K. Kuo, Esther Kuo and Lydia Hsu |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | Michael Flacks | Michael Flacks |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | ExchangeRight Real Estate, LLC, David Fisher, Joshua Ungerecht and Warren Thomas | ExchangeRight Real Estate, LLC, David Fisher, Joshua Ungerecht and Warren Thomas |
9.01 | Property | | 1 | Kroger – Zionsville, IN | | |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | | |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | | |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | | |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | | |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | | |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | | |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | | |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | | |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | | |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | | |
10 | Loan | | 1 | Rockaway Hotel and Spa | Jeff Brosi, Daniel Tubridy, Samuel Provisero, Ben Igoe, Leland Hensch and Jonathan Krasner | Jeff Brosi, Daniel Tubridy, Samuel Provisero, Ben Igoe, Leland Hensch and Jonathan Krasner |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | Moshe Wechsler | Moshe Wechsler |
11.01 | Property | | 1 | Hunter's Pond Apartments | | |
11.02 | Property | | 1 | Woodwind Apartments | | |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | | |
11.04 | Property | | 1 | Jefferson Place Villas | | |
11.05 | Property | | 1 | Deer Creek Crossing | | |
11.06 | Property | | 1 | Country Squire Villas | | |
12 | Loan | D | 1 | Maritime Hotel | Richard Born, Ira Drukier, Sean MacPherson and Eric Goode | Richard Born, Ira Drukier, Sean MacPherson and Eric Goode |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | TNREF IV REIV, LLC and True North Real Estate Fund IV, L.P. | TNREF IV REIV, LLC and True North Real Estate Fund IV, L.P. |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | | |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | | |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | | |
13.04 | Property | | 1 | 1640 South Loop Road | | |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | | |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | | |
13.07 | Property | | 1 | 1350 South Loop Road | | |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | | |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | | |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | | |
14 | Loan | | 1 | SpringHill Suites Bloomington | Civitas Pretium Fund, LP and Civitas Capital Management, LLC | Civitas Pretium Fund, LP and Civitas Capital Management, LLC |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | Sam Hakim | Sam Hakim |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | Joshua Hurst and Scott Jones | Joshua Hurst and Scott Jones |
17 | Loan | | 1 | US Storage Centers - Chatsworth | Westport Properties, Inc. | DJH Holdings, LLC |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | Centurion Realty | Saul Tawil |
19 | Loan | | 1 | Silverado Self Storage | Mark J. Ryan and Mary C. Ryan | Mark J. Ryan and Mary C. Ryan |
20 | Loan | 15, 18 | 1 | 321 Starr Street | Cayuga Capital Management LLC and Arel Capital | Gabriel Bousbib and Richard Leibovitch |
21 | Loan | 8, 24 | 1 | Zoe Lofts | Brea Exchange, Inc. | SKR Holdings, LLC |
22 | Loan | | 1 | 310 Greenwich Ave | Peter L. Malkin and Anthony E. Malkin | Peter L. Malkin and Anthony E. Malkin |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | Matthew Rogers | Lawrence Charles Kaplan, George W. Thacker, III, Richard Schontz and Peter J. Veltri |
24 | Loan | F | 1 | Cedar Creek MHC | Six Rock Properties | Christopher K. Ebert |
25 | Loan | G | 1 | Carriage House | Christine C. Kimball and Peter J. Sarkus | Christine C. Kimball and Peter J. Sarkus |
26 | Loan | H | 1 | Riverside Estates | COARE Communities | Hansel Rodriguez |
27 | Loan | | 1 | US Storage Centers - Stanton | Westport Properties, Inc. | Grayburn Properties, Inc. |
28 | Loan | | 1 | US Storage Centers - Cerritos | Westport Properties, Inc. | Grayburn Properties, Inc. |
29 | Loan | | 1 | 61 Thompson Street Apartments | Jodi Schwimmer and Eric Schwimmer | Jodi Schwimmer and Eric Schwimmer |
30 | Loan | | 1 | Baumgartner Road Self-Storage | Mark Bieber and Krista Barrett | Mark Bieber and Krista Barrett |
31 | Loan | | 1 | US Storage Centers - Irwindale | Westport Properties, Inc. | Hoeven Family Partnership, L.P. |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Delaware Statutory Trust (Y/N) | Tenants-in-common (Y/N) | Loan Purpose | Property Located Within a Qualified Opportunity Zone (Y/N) | Sources: Loan Amount ($) | Sources: Principal's New Cash Contribution ($) | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) |
| | | | | | 29 | | | | | | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | No | No | Refinance | | 2,076,700,000 | 0 | 773,300,000 | 0 | 2,850,000,000 |
2 | Loan | 9, A | 1 | Gateway Center North | No | No | Refinance | | 300,000,000 | 6,527,983 | 0 | 0 | 306,527,983 |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | No | No | Recapitalization | | 97,200,000 | 69,945,791 | 0 | 0 | 167,145,791 |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | No | No | Refinance | | 51,500,000 | 9,005,015 | 0 | 0 | 60,505,015 |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | No | No | Refinance | | 43,000,000 | 281,511 | 0 | 0 | 43,281,511 |
5.01 | Property | | 1 | Residence Inn Neptune | | | | | | | | | |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | | | | | | | | | |
5.03 | Property | | 1 | Hilton Garden Inn Milford | | | | | | | | | |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | | | | | | | | | |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | | | | | | | | | |
6 | Loan | 7, B | 1 | Green Caye Village | No | No | Refinance | | 40,000,000 | 4,941,749 | 0 | 0 | 44,941,749 |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | No | Yes | Acquisition | | 35,000,000 | 18,253,555 | 0 | 0 | 53,253,555 |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | No | No | Acquisition | Y | 29,000,000 | 14,359,762 | 0 | 0 | 43,359,762 |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | Yes | No | Acquisition | | 28,890,300 | 27,188,011 | 0 | 0 | 56,078,311 |
9.01 | Property | | 1 | Kroger – Zionsville, IN | | | | | | | | | |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | | | | | | | | | |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | | | | | | | | | |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | | | | Y | | | | | |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | | | | | | | | | |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | | | | | | | | | |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | | | | | | | | | |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | | | | | | | | | |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | | | | | | | | | |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | | | | Y | | | | | |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | | | | Y | | | | | |
10 | Loan | | 1 | Rockaway Hotel and Spa | No | No | Refinance | | 28,750,000 | 1,056,109 | 0 | 0 | 29,806,109 |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | No | No | Refinance | | 28,500,000 | 0 | 0 | 0 | 28,500,000 |
11.01 | Property | | 1 | Hunter's Pond Apartments | | | | | | | | | |
11.02 | Property | | 1 | Woodwind Apartments | | | | | | | | | |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | | | | | | | | | |
11.04 | Property | | 1 | Jefferson Place Villas | | | | | | | | | |
11.05 | Property | | 1 | Deer Creek Crossing | | | | | | | | | |
11.06 | Property | | 1 | Country Squire Villas | | | | | | | | | |
12 | Loan | D | 1 | Maritime Hotel | No | No | Refinance | | 26,000,000 | 0 | 0 | 0 | 26,000,000 |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | No | No | Refinance | | 212,000,000 | 4,133,191 | 0 | 0 | 216,133,191 |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | | | | |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | | | | |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | | | | |
13.04 | Property | | 1 | 1640 South Loop Road | | | | | | | | | |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | | | | |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | | | | |
13.07 | Property | | 1 | 1350 South Loop Road | | | | | | | | | |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | | | | |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | | | | |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | | | | |
14 | Loan | | 1 | SpringHill Suites Bloomington | No | No | Refinance | Y | 24,500,000 | 0 | 0 | 0 | 24,500,000 |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | No | No | Refinance | | 20,000,000 | 0 | 0 | 0 | 20,000,000 |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | No | No | Acquisition | | | | | | |
17 | Loan | | 1 | US Storage Centers - Chatsworth | No | No | Refinance | | | | | | |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | No | Yes | Refinance | | | | | | |
19 | Loan | | 1 | Silverado Self Storage | No | No | Refinance | | | | | | |
20 | Loan | 15, 18 | 1 | 321 Starr Street | No | No | Refinance | Y | | | | | |
21 | Loan | 8, 24 | 1 | Zoe Lofts | No | No | Refinance | | | | | | |
22 | Loan | | 1 | 310 Greenwich Ave | No | No | Refinance | | | | | | |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | No | No | Refinance | | | | | | |
24 | Loan | F | 1 | Cedar Creek MHC | No | No | Acquisition | | | | | | |
25 | Loan | G | 1 | Carriage House | No | No | Refinance | | | | | | |
26 | Loan | H | 1 | Riverside Estates | No | No | Refinance | | | | | | |
27 | Loan | | 1 | US Storage Centers - Stanton | No | No | Refinance | | | | | | |
28 | Loan | | 1 | US Storage Centers - Cerritos | No | No | Refinance | | | | | | |
29 | Loan | | 1 | 61 Thompson Street Apartments | No | No | Refinance | | | | | | |
30 | Loan | | 1 | Baumgartner Road Self-Storage | No | No | Acquisition | | | | | | |
31 | Loan | | 1 | US Storage Centers - Irwindale | No | No | Refinance | | | | | | |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | 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 (%) |
| | | | | | | | | | | | | | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | 1,561,081,096 | 0 | 77,279,053 | 220,726,391 | 990,913,460 | 0 | 2,850,000,000 | NAP | NAP | NAP | NAP |
2 | Loan | 9, A | 1 | Gateway Center North | 301,105,790 | 0 | 2,337,979 | 3,084,213 | 0 | 0 | 306,527,983 | NAP | NAP | NAP | NAP |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | 0 | 162,000,000 | 1,645,791 | 3,500,000 | 0 | 0 | 167,145,791 | NAP | NAP | NAP | NAP |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | 57,257,250 | 0 | 2,724,683 | 523,082 | 0 | 0 | 60,505,015 | NAP | NAP | NAP | NAP |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | 38,403,969 | 0 | 1,318,920 | 3,558,623 | 0 | 0 | 43,281,511 | Various | 140.81 | 103.52 | 73.5% |
5.01 | Property | | 1 | Residence Inn Neptune | | | | | | | | 3/1/2027 | 186.30 | 128.89 | 69.2% |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | | | | | | | | 6/30/2032 | 135.00 | 107.98 | 80.0% |
5.03 | Property | | 1 | Hilton Garden Inn Milford | | | | | | | | 6/30/2032 | 139.73 | 96.70 | 69.2% |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | | | | | | | | 7/23/2028 | 141.37 | 106.02 | 75.0% |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | | | | | | | | 10/1/2035 | 105.73 | 77.63 | 73.4% |
6 | Loan | 7, B | 1 | Green Caye Village | 40,632,345 | 0 | 4,058,228 | 251,177 | 0 | 0 | 44,941,749 | NAP | NAP | NAP | NAP |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | 0 | 51,500,000 | 1,030,733 | 722,821 | 0 | 0 | 53,253,555 | 1/9/2045 | 148.35 | 103.21 | 69.6% |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | 0 | 41,600,000 | 1,211,032 | 548,730 | 0 | 0 | 43,359,762 | 11/20/2049 | 198.13 | 124.88 | 63.0% |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | 0 | 53,835,816 | 1,704,915 | 537,580 | 0 | 0 | 56,078,311 | NAP | NAP | NAP | NAP |
9.01 | Property | | 1 | Kroger – Zionsville, IN | | | | | | | | NAP | NAP | NAP | NAP |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | | | | | | | | NAP | NAP | NAP | NAP |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | | | | | | | | NAP | NAP | NAP | NAP |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | | | | | | | | NAP | NAP | NAP | NAP |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | | | | | | | | NAP | NAP | NAP | NAP |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | | | | | | | | NAP | NAP | NAP | NAP |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | | | | | | | | NAP | NAP | NAP | NAP |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | | | | | | | | NAP | NAP | NAP | NAP |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | | | | | | | | NAP | NAP | NAP | NAP |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | | | | | | | | NAP | NAP | NAP | NAP |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | | | | | | | | NAP | NAP | NAP | NAP |
10 | Loan | | 1 | Rockaway Hotel and Spa | 28,164,410 | 0 | 1,411,699 | 230,000 | 0 | 0 | 29,806,109 | NAP | 318.60 | 249.79 | 78.4% |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | 27,011,590 | 0 | 583,658 | 192,273 | 712,479 | 0 | 28,500,000 | NAP | NAP | NAP | NAP |
11.01 | Property | | 1 | Hunter's Pond Apartments | | | | | | | | NAP | NAP | NAP | NAP |
11.02 | Property | | 1 | Woodwind Apartments | | | | | | | | NAP | NAP | NAP | NAP |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | | | | | | | | NAP | NAP | NAP | NAP |
11.04 | Property | | 1 | Jefferson Place Villas | | | | | | | | NAP | NAP | NAP | NAP |
11.05 | Property | | 1 | Deer Creek Crossing | | | | | | | | NAP | NAP | NAP | NAP |
11.06 | Property | | 1 | Country Squire Villas | | | | | | | | NAP | NAP | NAP | NAP |
12 | Loan | D | 1 | Maritime Hotel | 25,069,792 | 0 | 510,810 | 0 | 419,398 | 0 | 26,000,000 | NAP | 343.96 | 307.50 | 89.4% |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | 177,584,940 | 0 | 11,831,733 | 26,716,519 | 0 | 0 | 216,133,191 | NAP | NAP | NAP | NAP |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | | | NAP | NAP | NAP | NAP |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | | | NAP | NAP | NAP | NAP |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | | | NAP | NAP | NAP | NAP |
13.04 | Property | | 1 | 1640 South Loop Road | | | | | | | | NAP | NAP | NAP | NAP |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | | | NAP | NAP | NAP | NAP |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | | | NAP | NAP | NAP | NAP |
13.07 | Property | | 1 | 1350 South Loop Road | | | | | | | | NAP | NAP | NAP | NAP |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | | | NAP | NAP | NAP | NAP |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | | | NAP | NAP | NAP | NAP |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | | | NAP | NAP | NAP | NAP |
14 | Loan | | 1 | SpringHill Suites Bloomington | 14,995,916 | 0 | 487,582 | 107,871 | 8,908,631 | 0 | 24,500,000 | 3/27/2035 | 167.26 | 122.20 | 73.1% |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | 11,852,376 | 0 | 528,877 | 152,635 | 7,466,112 | 0 | 20,000,000 | NAP | NAP | NAP | NAP |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | | | | | | | | 12/30/2039 | 166.72 | 136.09 | 81.6% |
17 | Loan | | 1 | US Storage Centers - Chatsworth | | | | | | | | NAP | NAP | NAP | NAP |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | | | | | | | | NAP | NAP | NAP | NAP |
19 | Loan | | 1 | Silverado Self Storage | | | | | | | | NAP | NAP | NAP | NAP |
20 | Loan | 15, 18 | 1 | 321 Starr Street | | | | | | | | NAP | NAP | NAP | NAP |
21 | Loan | 8, 24 | 1 | Zoe Lofts | | | | | | | | NAP | NAP | NAP | NAP |
22 | Loan | | 1 | 310 Greenwich Ave | | | | | | | | NAP | NAP | NAP | NAP |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | | | | | | | | NAP | NAP | NAP | NAP |
24 | Loan | F | 1 | Cedar Creek MHC | | | | | | | | NAP | NAP | NAP | NAP |
25 | Loan | G | 1 | Carriage House | | | | | | | | NAP | NAP | NAP | NAP |
26 | Loan | H | 1 | Riverside Estates | | | | | | | | NAP | NAP | NAP | NAP |
27 | Loan | | 1 | US Storage Centers - Stanton | | | | | | | | NAP | NAP | NAP | NAP |
28 | Loan | | 1 | US Storage Centers - Cerritos | | | | | | | | NAP | NAP | NAP | NAP |
29 | Loan | | 1 | 61 Thompson Street Apartments | | | | | | | | NAP | NAP | NAP | NAP |
30 | Loan | | 1 | Baumgartner Road Self-Storage | | | | | | | | NAP | NAP | NAP | NAP |
31 | Loan | | 1 | US Storage Centers - Irwindale | | | | | | | | NAP | NAP | NAP | NAP |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Most Recent ADR ($) | Most Recent RevPAR ($) | 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 |
| | | | | | | | | | | | | | |
1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
2 | Loan | 9, A | 1 | Gateway Center North | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | 140.81 | 103.11 | 73.2% | 133.96 | 87.44 | 65.3% | 129.29 | 96.23 | 74.4% | |
5.01 | Property | | 1 | Residence Inn Neptune | 186.30 | 128.89 | 69.2% | 179.78 | 71.08 | 39.5% | 162.94 | 119.33 | 73.2% | |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | 135.00 | 107.98 | 80.0% | 134.84 | 93.21 | 69.1% | 130.06 | 93.64 | 72.0% | |
5.03 | Property | | 1 | Hilton Garden Inn Milford | 139.73 | 94.81 | 67.9% | 138.72 | 96.26 | 69.4% | 137.36 | 101.07 | 73.6% | |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | 141.37 | 106.02 | 75.0% | 130.11 | 98.81 | 75.9% | 120.56 | 95.47 | 79.2% | |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | 105.73 | 77.63 | 73.4% | 105.67 | 75.99 | 71.9% | 94.35 | 70.99 | 75.2% | |
6 | Loan | 7, B | 1 | Green Caye Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | 148.10 | 103.04 | 69.6% | 148.52 | 93.83 | 63.2% | 136.04 | 54.64 | 40.2% | |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | 198.13 | 124.88 | 63.0% | 184.40 | 110.59 | 60.0% | 185.14 | 88.07 | 47.6% | |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.01 | Property | | 1 | Kroger – Zionsville, IN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10 | Loan | | 1 | Rockaway Hotel and Spa | 318.60 | 249.79 | 78.4% | 349.20 | 255.73 | 73.2% | 329.42 | 215.77 | 65.5% | |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.01 | Property | | 1 | Hunter's Pond Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.02 | Property | | 1 | Woodwind Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.04 | Property | | 1 | Jefferson Place Villas | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.05 | Property | | 1 | Deer Creek Crossing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.06 | Property | | 1 | Country Squire Villas | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
12 | Loan | D | 1 | Maritime Hotel | 343.96 | 307.50 | 89.4% | 332.97 | 301.38 | 90.5% | 319.89 | 279.48 | 87.4% | |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.04 | Property | | 1 | 1640 South Loop Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.07 | Property | | 1 | 1350 South Loop Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14 | Loan | | 1 | SpringHill Suites Bloomington | 167.26 | 122.20 | 73.1% | 160.23 | 116.26 | 72.6% | 150.36 | 101.55 | 67.5% | |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | 166.72 | 136.09 | 81.6% | 163.31 | 137.96 | 84.5% | 160.00 | 135.54 | 84.7% | |
17 | Loan | | 1 | US Storage Centers - Chatsworth | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
19 | Loan | | 1 | Silverado Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
20 | Loan | 15, 18 | 1 | 321 Starr Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
21 | Loan | 8, 24 | 1 | Zoe Lofts | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
22 | Loan | | 1 | 310 Greenwich Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
24 | Loan | F | 1 | Cedar Creek MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
25 | Loan | G | 1 | Carriage House | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26 | Loan | H | 1 | Riverside Estates | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
27 | Loan | | 1 | US Storage Centers - Stanton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28 | Loan | | 1 | US Storage Centers - Cerritos | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29 | Loan | | 1 | 61 Thompson Street Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
30 | Loan | | 1 | Baumgartner Road Self-Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
31 | Loan | | 1 | US Storage Centers - Irwindale | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Coop - Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Coop Units | Coop - Sponsor/Investor Carry |
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1 | Loan | 5, 9, 10, 11, 13 ,16, 20, 27, 28 | 1 | The Spiral | | | | | | | |
2 | Loan | 9, A | 1 | Gateway Center North | | | | | | | |
3 | Loan | 9 | 1 | The Plaza at Walnut Creek | | | | | | | |
4 | Loan | 19 | 1 | Storage Depot - Virginia Beach | | | | | | | |
5 | Loan | 12, 23 | 5 | AHIP Hotel Portfolio | | | | | | | |
5.01 | Property | | 1 | Residence Inn Neptune | | | | | | | |
5.02 | Property | | 1 | Hampton Inn & Suites Baltimore Arundel Mills | | | | | | | |
5.03 | Property | | 1 | Hilton Garden Inn Milford | | | | | | | |
5.04 | Property | | 1 | Fairfield Inn & Suites Titusville Kennedy Space Center | | | | | | | |
5.05 | Property | | 1 | Fairfield Inn & Suites Pittsburgh Airport Robinson Township | | | | | | | |
6 | Loan | 7, B | 1 | Green Caye Village | | | | | | | |
7 | Loan | | 1 | Sheraton Imperial Raleigh Durham | | | | | | | |
8 | Loan | 21, 25 | 1 | Crowne Plaza North Augusta | | | | | | | |
9 | Loan | 12 | 11 | ExchangeRight Net Leased Portfolio #69 | | | | | | | |
9.01 | Property | | 1 | Kroger – Zionsville, IN | | | | | | | |
9.02 | Property | | 1 | Tractor Supply Company – Tucson, AZ | | | | | | | |
9.03 | Property | | 1 | Tractor Supply Company – Moncks Corner, SC | | | | | | | |
9.04 | Property | | 1 | Tractor Supply Company – Mansfield, OH | | | | | | | |
9.05 | Property | | 1 | Dollar Tree – Linden, MI | | | | | | | |
9.06 | Property | | 1 | Dollar Tree – Midland, MI | | | | | | | |
9.07 | Property | | 1 | Dollar Tree – Millbrook, AL | | | | | | | |
9.08 | Property | | 1 | Dollar General Plus – Farmington, NM | | | | | | | |
9.09 | Property | | 1 | Dollar Tree – Tuscaloosa, AL | | | | | | | |
9.10 | Property | | 1 | Dollar General Plus – Benton Harbor, MI | | | | | | | |
9.11 | Property | | 1 | Sherwin Williams – Kansas City, KS | | | | | | | |
10 | Loan | | 1 | Rockaway Hotel and Spa | | | | | | | |
11 | Loan | 12, C | 6 | Wechsler Multifamily Portfolio | | | | | | | |
11.01 | Property | | 1 | Hunter's Pond Apartments | | | | | | | |
11.02 | Property | | 1 | Woodwind Apartments | | | | | | | |
11.03 | Property | | 1 | Crossings At Bellbrook Villas | | | | | | | |
11.04 | Property | | 1 | Jefferson Place Villas | | | | | | | |
11.05 | Property | | 1 | Deer Creek Crossing | | | | | | | |
11.06 | Property | | 1 | Country Squire Villas | | | | | | | |
12 | Loan | D | 1 | Maritime Hotel | | | | | | | |
13 | Loan | 6, 9, 12, 17 | 10 | Radius at Harbor Bay | | | | | | | |
13.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | | |
13.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | | |
13.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | | |
13.04 | Property | | 1 | 1640 South Loop Road | | | | | | | |
13.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | | |
13.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | | |
13.07 | Property | | 1 | 1350 South Loop Road | | | | | | | |
13.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | | |
13.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | | |
13.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | | |
14 | Loan | | 1 | SpringHill Suites Bloomington | | | | | | | |
15 | Loan | 14 | 1 | 100 Ceramic Tile Drive | | | | | | | |
16 | Loan | 26 | 1 | Courtyard Fredericksburg Historic District | | | | | | | |
17 | Loan | | 1 | US Storage Centers - Chatsworth | | | | | | | |
18 | Loan | 22, 29, E | 1 | 1114 Madison Avenue | | | | | | | |
19 | Loan | | 1 | Silverado Self Storage | | | | | | | |
20 | Loan | 15, 18 | 1 | 321 Starr Street | | | | | | | |
21 | Loan | 8, 24 | 1 | Zoe Lofts | | | | | | | |
22 | Loan | | 1 | 310 Greenwich Ave | | | | | | | |
23 | Loan | | 1 | CLC Spaces Storage Little Rock | | | | | | | |
24 | Loan | F | 1 | Cedar Creek MHC | | | | | | | |
25 | Loan | G | 1 | Carriage House | | | | | | | |
26 | Loan | H | 1 | Riverside Estates | | | | | | | |
27 | Loan | | 1 | US Storage Centers - Stanton | | | | | | | |
28 | Loan | | 1 | US Storage Centers - Cerritos | | | | | | | |
29 | Loan | | 1 | 61 Thompson Street Apartments | | | | | | | |
30 | Loan | | 1 | Baumgartner Road Self-Storage | | | | | | | |
31 | Loan | | 1 | US Storage Centers - Irwindale | | | | | | | |
(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; JPMCB—JPMorgan Chase Bank, National Association. |
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(2) | Certain tenants may not be in occupancy or may be in free rent periods. See "Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” in this 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. |
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(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. |
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(4) | Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See "Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” for information regarding certain lease termination options affecting 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. |
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(5) | With respect to Mortgage Loan No. 1, The Spiral, the mortgage loan is part of a whole loan that was co-originated by JPMCB, BANA, Goldman Sachs Bank USA and WFB. |
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(6) | With respect to Mortgage Loan No. 13, Radius at Harbor Bay, the mortgage loan is part of a whole loan that was co-originated by WFB and German American Capital Corporation. |
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(7) | With respect to Mortgage Loan No. 6, Green Caye Village, the Number of Units includes 270 multifamily units, 157 MHC pads, 289 RV pads, and 178 self-storage/parking units. |
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(8) | With respect to Mortgage Loan No. 21, Zoe Lofts, the Number of Units and Percent Leased represent the multifamily component of the Zoe Lofts Property. The Zoe Lofts Property also includes 14,410 SF of ground floor retail (23.2% of UW base rent), which is 100.0% leased and 73.6% occupied. |
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(9) | With respect to Mortgage Loan No. 1, The Spiral, Mortgage Loan No. 2, Gateway Center North, Mortgage Loan No. 3, The Plaza at Walnut Creek, and Mortgage Loan No. 13, Radius at Harbor Bay, such Mortgage Loans are each 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 Non-Serviced AB Whole Loan”, and “Pooling and Servicing Agreement” or “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans,” as applicable, in this prospectus. |
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(10) | With respect to Mortgage Loan No. 1, The Spiral, the Mortgage Rate represents the Weighted Average Interest Rate of component A and component B of The Spiral Whole Loan applicable to the Notes A-5-1, A-5-2, A-6-1, A-6-2, A-7, A-8-1, A-8-2, A-9, A-10, A-11 and A-12 (the “Spiral Senior Companion Notes”), weighted on the basis of the respective principal balances of the Spiral Senior Companion Notes. Component A has an interest rate of 5.469840% per annum and component B has an interest rate of 5.761070% per annum. The Mortgage Rate does not represent the weighted average interest rate of component A or component B applicable to the Notes A-1, A-2, A-3 and A-4 (the “Spiral Senior SASB Notes”) or component C, component D, component E and component F applicable to the junior Notes B-1, B-2, B-3, and B-4. See defined term “Weighted Average Interest Rate” set forth under “Description of the Mortgage Pool—Definitions” in the prospectus. |
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(11) | With respect to Mortgage Loan No. 1, The Spiral, defeasance of The Spiral Whole Loan is permitted at any time after the date that is the earliest to occur of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) February 9, 2028. The assumed defeasance lockout period of 25 payments is based on the anticipated closing date of the BANK5 2025-5YR13 securitization trust in February 2025. The actual defeasance lockout period may be longer. |
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(12) | With respect to Mortgage Loan No. 5, AHIP Hotel Portfolio, Mortgage Loan No. 9, ExchangeRight Net Leased Portfolio #69, Mortgage Loan No. 11, Wechsler Multifamily Portfolio, and Mortgage Loan No. 13, Radius at Harbor Bay, the related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, and/or other release conditions, in connection with a partial defeasance or prepayment of the related mortgage loan. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and “—Releases; Partial Releases; Property Additions” in this prospectus. |
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(13) | With respect to Mortgage Loan No. 1, The Spiral, Pfizer Inc., the Largest Tenant at the Mortgaged Property, as sublandlord, has subleased (the “Pfizer Sublease”) the entire 20th floor, containing 50,554 SF of rentable area to The Segal Company (Eastern States), Inc. The term of the Pfizer Sublease is scheduled to expire on July 30, 2042, or as earlier terminated as of February 28, 2035 and has subrent currently equal to $93.00 PSF. The term of the prime lease is scheduled to expire on August 31, 2042. |
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(14) | With respect to Mortgage Loan No. 15, 100 Ceramic Tile Drive, prior to origination, the Mortgaged Property was 100% leased to Unix Packaging, LLC (“Unix”). Unix is 15% owned by the borrower sponsor of the Mortgage Loan, and in addition, the founder and chief executive officer of Unix owns an 18.3% interest in the borrower. In connection with the origination of the Mortgage Loan, the borrower entered into a master lease (the “100 Ceramic Tile Drive Master Lease”) with an affiliate of the borrower (the “100 Ceramic Tile Drive Master Tenant”), and the Unix lease was converted into a sublease between the 100 Ceramic Tile Drive Master Tenant, as sub-landlord, and Unix as sub-tenant. The 100 Ceramic Tile Drive Master Lease is coterminous with the Unix lease, and provides for annual fixed rent in an amount that is $5,000 less than the annual fixed rent under the Unix lease. The non-recourse carveout guarantor of the Mortgage Loan has executed a lease guaranty of the 100 Ceramic Tile Drive Master Lease. |
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(15) | With respect to Mortgage Loan No. 20, 321 Starr Street, the related Mortgaged Property currently benefits from a 25-year tax abatement under the Industrial and Commercial Abatement Program, which commenced in the 2020/2021 tax year and will continue through the 2044/2045 tax year. See “Description of the Mortgage Pool—Real Estate and Other Tax Considerations” in the prospectus for additional information. |
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(16) | With respect to Mortgage Loan No. 1, The Spiral, Appraised Value of $4,600,000,000 represents the appraisal’s concluded “As Stabilized” value as of December 1, 2026, which assumes The Spiral Property has no further free rent and tenant improvements and leasing commissions owed in connection with leases executed to date, among other assumptions. The appraisal’s concluded “As Is” value as of November 20, 2024 for The Spiral Property is $4,175,000,000 which results in a Cut-off Date LTV Ratio and Maturity Date LTV Ratio for the Spiral Whole Loan of 68.3% and 68.3%, respectively, and a Cut-off Date LTV Ratio and Maturity Date LTV Ratio for the Spiral Senior Notes of 49.7% and 49.7%, respectively. |
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(17) | With respect to Mortgage Loan No. 13, Radius at Harbor Bay, the appraisal provided “hypothetical as-stabilized” or “hypothetical as-complete/stabilized” values for eight of the ten Radius at Harbor Bay Properties and "as-is" values for the other two. Of those eight properties, six “hypothetical as-stabilized” or “hypothetical as-complete/stabilized” values were used because the property conversions from office to life science use has been completed, property occupancy has stabilized and all outstanding TI/LC reserves of $20,860,736 have been reserved for up-front. For the remaining two non-stabilized properties and the two properties that had been already stabilized, as-is values were used. The aggregate portfolio value on this combined basis was $316,270,000 (excludes portfolio premium) as of October 21, 2024 and October 23, 2024. The aggregate as-is appraised value of the Radius at Harbor Bay Properties is $295,030,000 (excludes portfolio premium) as of October 23, 2024, which equates to a Cut-Off Date LTV Ratio and LTV Ratio at Maturity of 71.8% and 67.4%. respectively. |
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(18) | With respect to Mortgage Loan No. 20, 321 Starr Street, the Other Than “As-Is” Appraised Value represents the “As Is (Including ICAP Tax Benefit)” value as of November 25, 2024, which reflects the Mortgaged Property benefitting from the ICAP program. The appraisal’s concluded “As Is” value (without accounting for the ICAP tax benefits) as of |
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| November 25, 2024 for the Mortgaged Property is $18,800,000 which results in a Cut-off Date LTV Ratio and Maturity Date LTV Ratio for the Mortgage Loan of 66.5% and 66.5%, respectively. |
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(19) | With respect to Mortgage Loan No. 4, Storage Depot - Virginia Beach, there was a fire at the mortgaged property on August 19, 2024, which affected 39 units (25 drive up and 14 indoor units). After origination, the borrower deposited approximately $429,649 (which represents the property insurance proceeds) to a reserve for the reconstruction of the units, which the borrower expects to be completed by April 2025. Most recent occupancy adjusted for the units affected by the fire is 90.5%. |
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(20) | With respect to Mortgage Loan No. 1, The Spiral, the Whole Loan is secured by the borrower’s fee interest as well as an overlapping sub-leasehold interest with New York City Industrial Development Agency as the primary ground lessee. In connection with the development of The Spiral Property, the borrower entered into a payment in lieu of taxes (“PILOT”) arrangement with the New York City Industrial Development Agency (“NYCIDA”), pursuant to which the borrower leases the entire The Spiral Property to the NYCIDA and the NYCIDA subleases The Spiral Property back to the borrower. The PILOT commenced in the 2022/23 tax year and expires in the 2041/42 tax year. See “Description of the Mortgage Pool—Real Estate and Other Tax Considerations” in the prospectus for additional information. |
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(21) | With respect to Mortgage Loan No. 8, Crowne Plaza North Augusta, the Mortgage Loan is secured by the borrower’s fee interest and the borrower’s overlapping subleasehold interest with respect to a portion of the Crowne Plaza North Augusta Property. |
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(22) | With respect to Mortgage Loan No. 18, 1114 Madison Avenue, the Mortgage Loan is secured by condominium interests in all commercial units in a fractured, mixed-use condominium which is controlled by the owner of the residential unit that is not part of the Mortgaged Property. The related borrower has 9.824% of the common interest and is permitted the right to appoint two members of a seven-member board, but does not have blocking rights with respect to decisions which are made by the board or condominium. See “Description of the Mortgage Pool—Mortgage Pool Characteristics—Condominium and Other Shared Interests” in the prospectus for additional information. |
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(23) | With respect to Mortgage Loan No. 5, AHIP Hotel Portfolio, upon the earlier of (x) the date that is 12 months prior to the expiration date of any franchise agreement and (y) the termination of any franchise agreement, (a) all excess cash flow is required to be deposited into the FF&E reserve for replacements and repairs required by any property improvement plan required by the franchisor in connection with the borrowers’ satisfaction of certain franchisor renewal or replacement conditions set forth in the Mortgage Loan documents and (b) in the event such excess cash flow deposited in accordance with the foregoing clause (a) is less than $185,000 on such payment date, the borrowers are required to pay an amount such that, together with all excess cash flow deposited, the total amount deposited on the applicable payment date is $185,000. The franchise agreements for the Residence Inn Neptune Property and the Fairfield Inn & Suites Titusville Property are scheduled to expire on March 1, 2027 (or March 1, 2037 if the 10-year renewal option is exercised), and July 23, 2028, respectively. |
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(24) | With respect to Mortgage Loan No. 21, Zoe Lofts, the Initial Other Escrow Amount ($) is required to be deposited in the form of cash or a letter of credit in the amount of $1,033,992 within 60 days of loan closing. Failure to do so will be an event of default under the loan documents. |
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(25) | With respect to Mortgage Loan No. 8, Crowne Plaza North Augusta, on the due date occurring in May of each year during the term of the Mortgage Loan, the borrower is required to deposit in the Seasonality Reserve Account an amount (the “Seasonality Reserve Annual Deposit”) such that the amount on deposit in the reserve after making such deposit is at least equal to 125% of the aggregate shortfall in net cash flow after debt service payment for each month for the immediately preceding period that spans June through April, as determined by the lender in April of each year; provided the amount on deposit after making such Seasonality Reserve Annual Deposit may in no event be less than $390,000. |
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(26) | With respect to Mortgage Loan No. 16, Courtyard Fredericksburg Historic District, in July 2024, a 98-room hotel affiliated with Marriott International, Inc., known as The Publisher, opened as a competitive hotel to the mortgaged property. Initially, The Publisher’s room rates were lower than those at the mortgaged property, however those room rates have been adjusted to now approximately 20% higher than those at the mortgaged property. The mortgage loan |
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| includes a $1,000,000 performance holdback, which funds are eligible for release once a year at the end of the related 12 month period ending in June 2025, June 2026, June 2027, June 2028 or June 2029, upon the related trailing twelve month debt yield achieving 11.65%. |
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(27) | With respect to Mortgage Loan No. 1, The Spiral, the borrower is permitted to obtain mezzanine financing from a mezzanine lender acceptable to the lender, provided that certain conditions are met including, without limitation, the following: (a) the mezzanine financing does not exceed $142,500,000, (b) the aggregate LTV (based on The Spiral Whole Loan and the mezzanine financing) does not exceed 62.0%, (c) the actual combined DSCR must be not less than 1.35x, and (d) the actual combined debt yield must be not less than 8.1%. |
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(28) | With respect to Mortgage Loan No. 1, The Spiral, there is no separate non-recourse carveout guarantor, and the borrower is the sole indemnitor under the related environmental indemnity agreement. See “Description of the Mortgage Pool—Non-Recourse Carveout Limitations” in the prospectus for additional information. |
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(29) | With respect to Mortgage Loan No. 18, 1114 Madison Avenue, the sole non-recourse carveout guarantor, Saul Tawil, controls only one of the three borrowers who own the Mortgaged Property as tenants-in-common. |
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A. | With respect to Mortgage Loan No. 2, Gateway Center North, “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) the excess, if any, of (A) the present value (determined using a discount rate equal to the Treasury Note Rate at such time) of all scheduled monthly payments of principal and interest payable in respect of the principal amount of the Loan being prepaid; provided that the Note shall be deemed, for purposes of this definition, to be due and payable on the Open Prepayment Commencement Date, over (B) the principal amount of the Loan being prepaid. Lender’s calculation of the Yield Maintenance Premium, and all component calculations (including, without limitation, the Treasury Note Rate), shall be conclusive and binding on Borrower absent manifest error. “Treasury Note Rate” shall mean, at the time of the prepayment, as applicable, the rate of interest per annum equal to (x) 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 Commencement Date (or if two or more such securities have maturity dates equally close to the Open Prepayment Commencement Date, the average annual yield to maturity of all such securities), as reported in The Wall Street Journal or other authoritative publication or news retrieval service on the fifth (5th) Business Day preceding the prepayment date, divided by (y) twelve (12)." |
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B. | With respect to Mortgage Loan No. 6, Green Caye Village, “Yield Maintenance Premium” shall mean an amount equal to the greater of the following two amounts: (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 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. “Applicable Percentage” shall mean, as applicable, (i) in connection with any prepayment made pursuant to Section 2.7(d) hereof and provided that no Event of Default then exists, 1%, or (ii) in connection with any other prepayment of the Debt, 3%. 2.7(d) prepayments prior to open period start date. Subject to Section 2.7(c), on and after the Permitted Prepayment Date, through but not including the open period start date, Borrower may, at its option and upon at least fifteen (15) days’ (and no greater than ninety (90) days’) prior notice to Lender (which notice |
| shall specify the proposed prepayment date), prepay the Debt in whole (but not in part), on any date, provided that such prepayment shall be accompanied by (i) the Yield Maintenance Premium, (ii) Interest Shortfall, (iii) the outstanding principal balance, (iv) all accrued and unpaid interest and (v) other amounts payable under the Loan Documents. Borrower shall have the right to rescind, revoke or modify its notice of prepayment given in accordance with this Section 2.7 at any time prior to the open period start date provided that Borrower pays Lender’s actual, out-of-pocket costs and expenses incurred as a result of Lender’s receipt of such notice. |
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C. | With respect to Mortgage Loan No. 11, Wechsler Multifamily Portfolio, “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 permitted 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 (y) the interest rate and (z) the Yield Maintenance Treasury Rate. As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Stated Maturity Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. |
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D. | With respect to Mortgage Loan No. 12, Maritime Hotel, "Yield Maintenance" shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the mortgage 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 mortgage loan through and including the open prepayment 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 open prepayment 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. |
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E. | With respect to Mortgage Loan No. 18, 1114 Madison Avenue, “Yield Maintenance Premium” shall mean, with respect to any repayment of the outstanding principal balance of the mortgage loan, an amount equal to the greater of (a) one percent (1%) of the outstanding principal of the portion of the mortgage loan to be prepaid or satisfied and (b) the excess, if any, of (i) the sum of the present values of all then-scheduled payments of principal and interest under the note to be made with respect to the portion of the mortgage loan under the note assuming that all scheduled payments are made timely and that the remaining outstanding principal and interest on the portion of the loan being prepaid is paid on the Maturity Date (with each such payment and assumed payment discounted to its present value at the date of prepayment at the rate which, when compounded monthly, is equivalent to the prepayment rate when compounded semi-annually and deducting from the sum of such present values any short-term interest paid from the date of prepayment to the next succeeding payment date in the event such payment is not made on a payment date), over (ii) the principal amount being prepaid. |
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F. | With respect to Mortgage Loan No. 24, Cedar Creek MHC, “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. |
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G. | With respect to Mortgage Loan No. 25, Carriage House, “Yield Maintenance Premium” shall mean, with respect to any repayment of the outstanding principal balance of the mortgage loan, an amount equal to the greater of (a) one percent (1%) of the outstanding principal of the portion of the mortgage loan to be prepaid or satisfied and (b) the excess, if any, of (i) the sum of the present values of all then-scheduled payments of principal and interest under the note to be made with respect to the portion of the mortgage loan under the note assuming that all scheduled payments are made timely and that the remaining outstanding principal and interest on the portion of the mortgage loan being prepaid is paid on the Maturity Date (with each such payment and assumed payment discounted to its present value at the date of prepayment at the rate which, when compounded monthly, is equivalent to the prepayment rate when compounded semi-annually and deducting from the sum of such present values any short-term interest paid from the date of prepayment to the next succeeding payment date in the event such payment is not made on a payment date), over (ii) the principal amount being prepaid. |
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H. | With respect to Mortgage Loan No. 26, Riverside Estates, “Yield Maintenance Premium” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the mortgage 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 permitted 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 (y) the Interest Rate and (z) the Yield Maintenance Treasury Rate. As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Stated Maturity Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. |