FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-206677-09 | ||
Wells Fargo Commercial Mortgage Trust 2016-NXS6Disclaimer
STATEMENT REGARDING THIS FREE WRITING PROSPECTUS The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-206677) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com.
Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time.
STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of Wells Fargo Securities, LLC, UBS Securities LLC, Academy Securities, Inc., Natixis Securities America LLCor any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.
This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this freewriting prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.
Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A. Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC are distinct entities from affiliated banks and thrifts.
IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES The information herein is preliminary and may be supplemented or amended prior to the time of sale.
In addition, the Offered Certificates referred to in these materials and the asset pool backing them are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined, or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis.
The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials.
The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.
IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system. | ||
ANNEX A-1 – CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller | Cross Collateralized and Cross Defaulted Loan Flag | Address | City | State | Zip Code | General Property Type | Specific Property Type | Year Built | Year Renovated | Number of Units | Unit of Measure | Cut-off Date Balance Per Unit/SF | Original Balance ($) | Cut-off Date Balance ($) |
1 | QLIC | Natixis | 41-42 24th Street | Long Island City | NY | 11101 | Multifamily | High Rise | 2015 | 421 | Units | 344,418 | 75,000,000 | 75,000,000 | ||
2 | Novo Nordisk | Natixis | 800 Scudders Mill Road | Plainsboro | NJ | 08536 | Office | Suburban | 1985 | 2013 | 761,824 | Sq. Ft. | 221 | 73,300,000 | 73,300,000 | |
3 | Rentar Plaza | Natixis | 66-26 Metropolitan Avenue | Middle Village | NY | 11379 | Mixed Use | Industrial/Retail/Office | 1974 | 1,567,208 | Sq. Ft. | 84 | 60,000,000 | 60,000,000 | ||
4 | 909 Poydras | Natixis | 909 Poydras Street | New Orleans | LA | 70112 | Office | CBD | 1986 | 2015 | 545,157 | Sq. Ft. | 83 | 45,500,000 | 45,446,730 | |
5 | The Falls | UBSAG | 8888 Southwest 136th Street | Miami | FL | 33176 | Retail | Regional Lifestyle Center | 1980 | 1996 | 839,507 | Sq. Ft. | 179 | 34,500,000 | 34,500,000 | |
6 | Cassa Times Square Mixed-Use | Natixis | 515 Ninth Avenue | New York | NY | 10018 | Mixed Use | Hospitality/Retail/Parking Garage | 2014 | 59,554 | Sq. Ft. | 574 | 34,200,000 | 34,200,000 | ||
7 | Plaza Mexico – Los Angeles | Natixis | 3100 East Imperial Highway | Lynwood | CA | 90262 | Retail | Anchored | 1974 | 2005 | 404,064 | Sq. Ft. | 262 | 30,000,000 | 30,000,000 | |
8 | 333 North Bedford | Natixis | 333 North Bedford Road | Mount Kisco; Bedford | NY | 10549 | Mixed Use | Office/Retail/Warehouse | 1957 | 2009 | 611,954 | Sq. Ft. | 97 | 30,000,000 | 29,913,127 | |
9 | Yeager Portfolio | UBSAG | Various | Various | Various | Various | Office | Suburban | Various | Various | 163,740 | Sq. Ft. | 171 | 28,000,000 | 28,000,000 | |
9.01 | Frisco | UBSAG | 2770 Main Street | Frisco | TX | 75034 | Office | Suburban | 2013 | 25,019 | Sq. Ft. | 7,000,000 | 7,000,000 | |||
9.02 | Carmel | UBSAG | 600 East Carmel Drive | Carmel | IN | 46032 | Office | Suburban | 2010 | 29,562 | Sq. Ft. | 6,000,000 | 6,000,000 | |||
9.03 | Fishers II | UBSAG | 14074 Trade Center Drive | Fishers | IN | 46038 | Office | Suburban | 2006 | 24,685 | Sq. Ft. | 3,700,000 | 3,700,000 | |||
9.04 | Greenwood | UBSAG | 3209 West Smith Valley Road | Greenwood | IN | 46142 | Office | Suburban | 2008 | 24,303 | Sq. Ft. | 3,600,000 | 3,600,000 | |||
9.05 | Fishers I | UBSAG | 11650 Lantern Road | Fishers | IN | 46038 | Office | Suburban | 2005 | 16,653 | Sq. Ft. | 3,100,000 | 3,100,000 | |||
9.06 | Plainfield | UBSAG | 2680 East Main Street | Plainfield | IN | 46168 | Office | Suburban | 2009 | 22,818 | Sq. Ft. | 3,000,000 | 3,000,000 | |||
9.07 | Noblesville I | UBSAG | 23 South 8th Street | Noblesville | IN | 46060 | Office | Suburban | 1930 | 2005 | 8,100 | Sq. Ft. | 1,000,000 | 1,000,000 | ||
9.08 | Noblesville II | UBSAG | 16095 Prosperity Drive | Noblesville | IN | 46060 | Office | Suburban | 2006 | 12,600 | Sq. Ft. | 600,000 | 600,000 | |||
10 | Sixty Soho | Natixis | 60 Thompson Street | New York | NY | 10013 | Hospitality | Full Service | 2000 | 2015 | 97 | Rooms | 398,454 | 27,580,854 | 26,650,000 | |
11 | Hyatt House Philadelphia/King of Prussia | WFB | 240 Mall Boulevard | King Of Prussia | PA | 19406 | Hospitality | Limited Service | 2011 | 147 | Rooms | 169,440 | 25,000,000 | 24,907,725 | ||
12 | Crate & Barrel | Natixis | 1250 Techny Road | Northbrook | IL | 60062 | Office | Suburban | 2001 | 167,843 | Sq. Ft. | 129 | 21,646,169 | 21,646,169 | ||
13 | Peachtree Mall | SPREF | 3131 Manchester Expressway | Columbus | GA | 31909 | Retail | Regional Mall | 1975 | 1994 | 536,202 | Sq. Ft. | 149 | 20,000,000 | 19,846,750 | |
14 | Fairmont Parkway | SPREF | 5932 Fairmont Parkway | Pasadena | TX | 77505 | Retail | Anchored | 1992 | 176,710 | Sq. Ft. | 100 | 17,700,000 | 17,700,000 | ||
15 | Hilton Head Village | SPREF | 1460 Fording Island Road | Bluffton | SC | 29910 | Retail | Anchored | 2000 | 111,042 | Sq. Ft. | 156 | 17,450,000 | 17,373,453 | ||
16 | 24 Hour Fitness - Pleasanton | WFB | 4770 Willow Road | Pleasanton | CA | 94588 | Retail | Single Tenant | 1990 | 2010 | 56,206 | Sq. Ft. | 290 | 16,300,000 | 16,300,000 | |
17 | Sterling Jewelers Corporate Headquarters FES | Natixis | 395 Ghent Road | Akron | OH | 44333 | Office | Suburban | 1999 | 85,686 | Sq. Ft. | 158 | 13,500,000 | 13,500,000 | ||
18 | Hilton Garden Inn - Memphis Southaven | UBSAG | 6671 Towne Center Loop | Southaven | MI | 38671 | Hospitality | Full Service | 2007 | 117 | Rooms | 106,838 | 12,500,000 | 12,500,000 | ||
19 | White Marsh Portfolio | UBSAG | Various | Various | MD | 21236 | Office | Suburban | Various | 121,596 | Sq. Ft. | 95 | 11,500,000 | 11,500,000 | ||
19.01 | White Marsh Professional Center | UBSAG | 7939 & 7923 Honeygo Boulevard; 8133 Perry Hall Boulevard | White Marsh | MD | 21236 | Office | Suburban | 1984 | 80,046 | Sq. Ft. | 7,055,215 | 7,055,215 | |||
19.02 | Ridgely’s Choice | UBSAG | 8615 & 8605 Ridgelys Choice Drive | Nottingham | MD | 21236 | Office | Suburban | 2005 | 41,550 | Sq. Ft. | 4,444,785 | 4,444,785 | |||
20 | At Home Portfolio | SPREF | Various | Various | Various | Various | Retail | Single Tenant | Various | Various | 534,881 | Sq. Ft. | 53 | 10,150,000 | 10,150,000 | |
20.01 | 15065 Creosote Road | SPREF | 15065 Creosote Road | Gulfport | MS | 39503 | Retail | Single Tenant | 1998 | 2013 | 115,574 | Sq. Ft. | 2,210,842 | 2,210,842 | ||
20.02 | 2650 West Interstate 20 | SPREF | 2650 West Interstate Highway 20 | Grand Prairie | TX | 75052 | Retail | Single Tenant | 2000 | 109,415 | Sq. Ft. | 2,094,090 | 2,094,090 | |||
20.03 | 1600 West Kelly Avenue | SPREF | 1600 West Kelly Avenue | Pharr | TX | 78577 | Retail | Single Tenant | 2014 | 108,400 | Sq. Ft. | 2,074,217 | 2,074,217 | |||
20.04 | 2244 South Reynolds Road | SPREF | 2244 South Reynolds Road | Toledo | OH | 43614 | Retail | Single Tenant | 1972 | 2014 | 111,763 | Sq. Ft. | 2,056,828 | 2,056,828 | ||
20.05 | 642 South Walnut Avenue | SPREF | 642 South Walnut Avenue | New Braunfels | TX | 78130 | Retail | Single Tenant | 1995 | 2013 | 89,729 | Sq. Ft. | 1,714,023 | 1,714,023 | ||
21 | 53 Mercer Street | Natixis | 53 Mercer Street | New York | NY | 10013 | Retail | Single Tenant | 1900 | 2016 | 8,785 | Sq. Ft. | 1,138 | 10,000,000 | 10,000,000 | |
22 | HI Overland Park | SPREF | 8787 Reeder Road | Overland Park | KS | 66214 | Hospitality | Full Service | 1971 | 2014 | 190 | Rooms | 47,368 | 9,000,000 | 9,000,000 | |
23 | Palm Terrace | Natixis | 15116 Parthenia Street | Los Angeles | CA | 91343 | Multifamily | Garden | 1970 | 96 | Units | 92,002 | 8,832,232 | 8,832,232 | ||
24 | Wind Gap Plaza | SPREF | 801 Male Road | Wind Gap Borough | PA | 18091 | Retail | Anchored | 1995 | 96,229 | Sq. Ft. | 86 | 8,300,000 | 8,300,000 | ||
25 | Hampton Inn Exton | SPREF | 4 North Pottstown Pike | Exton | PA | 19341 | Hospitality | Limited Service | 1988 | 2011 | 122 | Rooms | 65,359 | 8,000,000 | 7,973,852 | |
26 | Plaza On Main | SPREF | 1700 North Main Street | Kissimmee | FL | 34744 | Retail | Unanchored | 1959 | 2015 | 93,398 | Sq. Ft. | 72 | 6,750,000 | 6,715,169 | |
27 | Dalton Avenue Plaza | UBSAG | 457 Dalton Avenue | Pittsfield | MA | 01201 | Retail | Anchored | 1959 | 1994 | 108,527 | Sq. Ft. | 57 | 6,150,000 | 6,136,048 | |
28 | Campbell Gardens | SPREF | 25 Landis Lane | Lillington | NC | 27546 | Multifamily | Student Housing | 2001 | 224 | Beds | 26,727 | 6,000,000 | 5,986,781 | ||
29 | Bay Pointe | Natixis | 13611 Doty Avenue | Hawthorne | CA | 90250 | Multifamily | Garden | 1972 | 74 | Units | 80,182 | 5,933,450 | 5,933,450 | ||
30 | The Crest Apartments | Natixis | 13950 Foothill Boulevard | Los Angeles | CA | 91342 | Multifamily | Garden | 1987 | 48 | Units | 117,389 | 5,634,650 | 5,634,650 | ||
31 | Fairfield Inn Avon | Natixis | 39050 Colorado Avenue | Avon | OH | 44011 | Hospitality | Limited Service | 2002 | 2015 | 82 | Rooms | 68,109 | 5,590,425 | 5,584,915 | |
32 | Foothill Plaza | UBSAG | 1000 Pocatello Creek Road | Pocatello | ID | 83201 | Retail | Anchored | 1979 | 2014 | 114,357 | Sq. Ft. | 48 | 5,500,000 | 5,490,179 | |
33 | Milford Landing Shopping Center | SPREF | 102 Milford Landing Drive | Westfall Township | PA | 18337 | Retail | Unanchored | 2004 | 44,222 | Sq. Ft. | 122 | 5,400,000 | 5,380,222 | ||
34 | Markets At Mesa Ridge | UBSAG | 6855-6885 & 6965 Mesa Ridge Parkway, 6805 Mesa Ridge Parkway, 7045 Mesa Ridge Parkway | Colorado Springs | CO | 80817 | Retail | Shadow Anchored | 2001 | 29,428 | Sq. Ft. | 173 | 5,100,000 | 5,100,000 | ||
35 | 313-315 W Muhammad Ali Boulevard | UBSAG | 313-315 West Muhammad Ali Boulevard | Louisville | KY | 40202 | Office | CBD | 1908 | 1992 | 49,300 | Sq. Ft. | 93 | 4,600,000 | 4,584,965 | |
36 | Holiday Inn Express & Suites Emporia | SPREF | 1350 West Atlantic Street | Emporia | VA | 23847 | Hospitality | Limited Service | 2004 | 2015 | 78 | Rooms | 57,596 | 4,500,000 | 4,492,505 | |
37 | Country Inn and Suites Savannah Airport | Natixis | 21 Yvette Johnson Hagins Drive | Savannah | GA | 31408 | Hospitality | Limited Service | 2007 | 82 | Rooms | 54,768 | 4,500,000 | 4,491,014 | ||
38 | Maple Wayview Apartments | SPREF | 1101 West Maple Street; 7300 Sunset Strip Northwest | North Canton | OH | 44720 | Multifamily | Garden | 1968 | 2016 | 110 | Units | 39,545 | 4,350,000 | 4,350,000 | |
39 | Holiday Inn Express - Yulee | UBSAG | 76071 Sidney Place | Yulee | FL | 32097 | Hospitality | Limited Service | 2007 | 73 | Rooms | 58,717 | 4,300,000 | 4,286,354 | ||
40 | Casa Meadows | Natixis | 8135 Langdon Avenue | Los Angeles | CA | 91406 | Multifamily | Garden | 1970 | 49 | Units | 86,522 | 4,239,600 | 4,239,600 | ||
41 | Park West Office | SPREF | 2877 Guardian Lane | Virginia Beach | VA | 23452 | Office | Suburban | 1989 | 66,866 | Sq. Ft. | 59 | 3,942,477 | 3,936,556 | ||
42 | Watkinsville Self Storage | SPREF | Various | Various | GA | Various | Self Storage | Self Storage | Various | Various | 829 | Units | 4,749 | 3,950,000 | 3,937,112 | |
42.01 | 67 Greensboro Highway | SPREF | 67 Greensboro Highway | Watkinsville | GA | 30677 | Self Storage | Self Storage | 1991 | 2013 | 557 | Units | 3,040,000 | 3,030,081 | ||
42.02 | 36 Arnoldsville Road | SPREF | 36 Arnoldsville Road | Crawford | GA | 30630 | Self Storage | Self Storage | 2003 | 2007 | 272 | Units | 910,000 | 907,031 | ||
43 | Brookhaven Plaza | UBSAG | 958 Brookway Boulevard | Brookhaven | MS | 39601 | Retail | Unanchored | 2000 | 34,050 | Sq. Ft. | 113 | 3,850,000 | 3,845,417 | ||
44 | Studio Pointe | Natixis | 915 North Wilton Place | Los Angeles | CA | 90038 | Multifamily | Garden | 1964 | 42 | Units | 86,850 | 3,647,700 | 3,647,700 | ||
45 | Rose Pointe | Natixis | 509 North Berendo Street | Los Angeles | CA | 90004 | Multifamily | Garden | 1973 | 38 | Units | 94,858 | 3,604,609 | 3,604,609 | ||
46 | Synchrony Financial Expansion - 975 Keller Rd. | UBSAG | 975 Keller Road | Altamonte Springs | FL | 32714 | Office | Suburban | 2001 | 2016 | 25,080 | Sq. Ft. | 136 | 3,400,000 | 3,400,000 | |
47 | DuVal Enterprises Building | WFB | 4225 Vernon Boulevard | Long Island City | NY | 11101 | Industrial | Flex | 1900 | 55,982 | Sq. Ft. | 55 | 3,100,000 | 3,091,783 | ||
48 | Walgreens - Reedsburg | WFB | 1100 East Main Street | Reedsburg | WI | 53959 | Retail | Single Tenant | 2006 | 14,820 | Sq. Ft. | 174 | 2,575,000 | 2,575,000 | ||
49 | Shops at Walmart | WFB | 440 East Silverado Ranch Boulevard | Paradise | NV | 89123 | Retail | Unanchored | 2006 | 7,683 | Sq. Ft. | 325 | 2,500,000 | 2,500,000 | ||
50 | Suwanee Point | WFB | 525 Peachtree Industrial Boulevard Northwest | Suwanee | GA | 30024 | Retail | Unanchored | 1996 | 17,525 | Sq. Ft. | 94 | 1,645,000 | 1,642,888 | ||
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ANNEX A-1 – CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | % of Initial Pool Balance | Maturity Date or ARD Balloon Payment ($) | ARD Loan | Origination Date | First Pay Date | Last IO Pay Date | First P&I Pay Date | Maturity Date or Anticipated Repayment Date | ARD Loan Maturity Date | Gross Mortgage Rate | Operating Advisor Ongoing Fee Rate | Certificate Administrator Fee Rate | Servicing Fee | CREFC® IP Royalty License Fee Rate | Asset Representations Reviewer Fee Rate | Net Mortgage Rate |
1 | QLIC | 9.9% | 75,000,000 | N | 12/28/2015 | 2/5/2016 | 1/5/2026 | 1/5/2026 | 4.39970000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
2 | Novo Nordisk | 9.7% | 73,300,000 | Y | 8/11/2016 | 10/5/2016 | 9/5/2021 | 9/5/2021 | 4/30/2031 | 3.48200000% | TBD | TBD | TBD | TBD | TBD | TBD | |
3 | Rentar Plaza | 7.9% | 60,000,000 | N | 8/31/2016 | 10/5/2016 | 9/5/2026 | 9/5/2026 | 3.48200000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
4 | 909 Poydras | 6.0% | 37,571,553 | N | 8/23/2016 | 10/5/2016 | 10/5/2016 | 9/5/2026 | 4.46150000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
5 | The Falls | 4.6% | 34,500,000 | N | 8/15/2016 | 10/1/2016 | 9/1/2026 | 9/1/2026 | 3.45000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
6 | Cassa Times Square Mixed-Use | 4.5% | 34,200,000 | N | 7/5/2016 | 8/5/2016 | 4/5/2026 | 4/5/2026 | 5.27820000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
7 | Plaza Mexico – Los Angeles | 4.0% | 30,000,000 | N | 6/16/2016 | 8/5/2016 | 7/5/2021 | 7/5/2021 | 4.59811000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
8 | 333 North Bedford | 4.0% | 23,638,377 | N | 8/4/2016 | 9/10/2016 | 9/10/2016 | 8/10/2026 | 3.78000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
9 | Yeager Portfolio | 3.7% | 22,927,980 | N | 9/13/2016 | 11/6/2016 | 11/6/2016 | 10/6/2026 | 4.88100000% | TBD | TBD | TBD | TBD | TBD | |||
9.01 | Frisco | 0.9% | |||||||||||||||
9.02 | Carmel | 0.8% | |||||||||||||||
9.03 | Fishers II | 0.5% | |||||||||||||||
9.04 | Greenwood | 0.5% | |||||||||||||||
9.05 | Fishers I | 0.4% | |||||||||||||||
9.06 | Plainfield | 0.4% | |||||||||||||||
9.07 | Noblesville I | 0.1% | |||||||||||||||
9.08 | Noblesville II | 0.1% | |||||||||||||||
10 | Sixty Soho | 3.5% | 26,650,000 | N | 2/12/2015 | 4/5/2015 | 3/5/2026 | 3/5/2026 | 4.72500000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
11 | Hyatt House Philadelphia/King of Prussia | 3.3% | 20,232,767 | N | 6/15/2016 | 8/11/2016 | 8/11/2016 | 7/11/2026 | 4.53000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
12 | Crate & Barrel | 2.9% | 21,646,169 | N | 11/30/2015 | 1/5/2016 | 12/5/2025 | 12/5/2025 | 3.65401000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
13 | Peachtree Mall | 2.6% | 14,704,420 | N | 6/17/2016 | 7/6/2016 | 7/6/2016 | 12/6/2025 | 3.94400000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
14 | Fairmont Parkway | 2.3% | 15,216,425 | N | 9/4/2015 | 10/6/2015 | 9/6/2017 | 10/6/2017 | 9/6/2025 | 4.75000000% | TBD | TBD | TBD | TBD | TBD | TBD | |
15 | Hilton Head Village | 2.3% | 14,430,731 | N | 5/11/2016 | 7/6/2016 | 7/6/2016 | 6/6/2026 | 5.18300000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
16 | 24 Hour Fitness - Pleasanton | 2.2% | 14,842,426 | N | 8/12/2016 | 10/11/2016 | 9/11/2021 | 10/11/2021 | 9/11/2026 | 4.20000000% | TBD | TBD | TBD | TBD | TBD | TBD | |
17 | Sterling Jewelers Corporate Headquarters FES | 1.8% | 13,500,000 | Y | 9/14/2016 | 11/5/2016 | 10/5/2026 | 10/5/2026 | 10/5/2036 | 4.65000000% | TBD | TBD | TBD | TBD | TBD | TBD | |
18 | Hilton Garden Inn - Memphis Southaven | 1.7% | 9,353,152 | N | 9/13/2016 | 11/6/2016 | 11/6/2016 | 10/6/2026 | 5.02400000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
19 | White Marsh Portfolio | 1.5% | 9,639,993 | N | 8/23/2016 | 10/6/2016 | 9/6/2017 | 10/6/2017 | 9/6/2026 | 4.76000000% | TBD | TBD | TBD | TBD | TBD | ||
19.01 | White Marsh Professional Center | 0.9% | |||||||||||||||
19.02 | Ridgely’s Choice | 0.6% | |||||||||||||||
20 | At Home Portfolio | 1.3% | 8,841,825 | Y | 9/15/2015 | 11/6/2015 | 4/6/2018 | 5/6/2018 | 10/6/2025 | 10/6/2045 | 4.79000000% | TBD | TBD | TBD | TBD | TBD | |
20.01 | 15065 Creosote Road | 0.3% | |||||||||||||||
20.02 | 2650 West Interstate 20 | 0.3% | |||||||||||||||
20.03 | 1600 West Kelly Avenue | 0.3% | |||||||||||||||
20.04 | 2244 South Reynolds Road | 0.3% | |||||||||||||||
20.05 | 642 South Walnut Avenue | 0.2% | |||||||||||||||
21 | 53 Mercer Street | 1.3% | 10,000,000 | N | 7/29/2016 | 9/5/2016 | 8/5/2026 | 8/5/2026 | 3.86000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
22 | HI Overland Park | 1.2% | 6,691,506 | N | 9/12/2016 | 11/6/2016 | 11/6/2016 | 10/6/2026 | 4.85000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
23 | Palm Terrace | 1.2% | 7,735,433 | N | 8/5/2016 | 9/5/2016 | 8/5/2019 | 9/5/2019 | 8/5/2026 | 4.52000000% | TBD | TBD | TBD | TBD | TBD | TBD | |
24 | Wind Gap Plaza | 1.1% | 6,642,308 | N | 9/15/2016 | 11/6/2016 | 11/6/2016 | 10/6/2026 | 4.21000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
25 | Hampton Inn Exton | 1.1% | 5,963,463 | N | 8/2/2016 | 9/6/2016 | 9/6/2016 | 8/6/2026 | 4.92000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
26 | Plaza On Main | 0.9% | 4,961,437 | N | 7/1/2016 | 8/6/2016 | 8/6/2016 | 7/6/2026 | 4.54000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
27 | Dalton Avenue Plaza | 0.8% | 5,055,787 | N | 8/5/2016 | 9/6/2016 | 9/6/2016 | 8/6/2026 | 5.00000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
28 | Campbell Gardens | 0.8% | 5,545,017 | N | 7/26/2016 | 9/6/2016 | 9/6/2016 | 8/6/2021 | 5.14000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
29 | Bay Pointe | 0.8% | 5,196,626 | N | 8/5/2016 | 9/5/2016 | 8/5/2019 | 9/5/2019 | 8/5/2026 | 4.52000000% | TBD | TBD | TBD | TBD | TBD | TBD | |
30 | The Crest Apartments | 0.7% | 4,934,931 | N | 8/5/2016 | 9/5/2016 | 8/5/2019 | 9/5/2019 | 8/5/2026 | 4.52000000% | TBD | TBD | TBD | TBD | TBD | TBD | |
31 | Fairfield Inn Avon | 0.7% | 5,232,854 | N | 8/18/2016 | 10/5/2016 | 10/5/2016 | 9/5/2021 | 6.05200000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
32 | Foothill Plaza | 0.7% | 4,048,919 | N | 8/12/2016 | 10/6/2016 | 10/6/2016 | 9/6/2026 | 4.58550000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
33 | Milford Landing Shopping Center | 0.7% | 3,919,068 | N | 7/11/2016 | 9/6/2016 | 9/6/2016 | 8/6/2026 | 4.21000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
34 | Markets At Mesa Ridge | 0.7% | 4,666,881 | N | 9/7/2016 | 11/6/2016 | 10/6/2021 | 11/6/2021 | 10/6/2026 | 4.50000000% | TBD | TBD | TBD | TBD | TBD | TBD | |
35 | 313-315 W Muhammad Ali Boulevard | 0.6% | 3,794,181 | N | 7/1/2016 | 8/6/2016 | 8/6/2016 | 7/6/2026 | 5.10000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
36 | Holiday Inn Express & Suites Emporia | 0.6% | 3,370,679 | N | 8/30/2016 | 10/6/2016 | 10/6/2016 | 9/6/2026 | 5.05500000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
37 | Country Inn and Suites Savannah Airport | 0.6% | 3,770,304 | N | 7/7/2016 | 9/5/2016 | 9/5/2016 | 8/5/2026 | 5.60000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
38 | Maple Wayview Apartments | 0.6% | 3,720,266 | N | 7/29/2016 | 9/6/2016 | 8/6/2018 | 9/6/2018 | 8/6/2026 | 4.55000000% | TBD | TBD | TBD | TBD | TBD | TBD | |
39 | Holiday Inn Express - Yulee | 0.6% | 3,226,439 | N | 7/15/2016 | 9/6/2016 | 9/6/2016 | 8/6/2026 | 5.10000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
40 | Casa Meadows | 0.6% | 3,713,120 | N | 8/5/2016 | 9/5/2016 | 8/5/2019 | 9/5/2019 | 8/5/2026 | 4.52000000% | TBD | TBD | TBD | TBD | TBD | TBD | |
41 | Park West Office | 0.5% | 3,111,690 | N | 9/15/2016 | 10/6/2016 | 10/6/2016 | 8/6/2026 | 3.80000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
42 | Watkinsville Self Storage | 0.5% | 3,258,889 | N | 6/30/2016 | 8/6/2016 | 8/6/2016 | 7/6/2026 | 5.10800000% | TBD | TBD | TBD | TBD | TBD | |||
42.01 | 67 Greensboro Highway | 0.4% | |||||||||||||||
42.02 | 36 Arnoldsville Road | 0.1% | |||||||||||||||
43 | Brookhaven Plaza | 0.5% | 3,169,905 | N | 8/11/2016 | 10/6/2016 | 10/6/2016 | 9/6/2026 | 5.05000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
44 | Studio Pointe | 0.5% | 3,194,724 | N | 8/5/2016 | 9/5/2016 | 8/5/2019 | 9/5/2019 | 8/5/2026 | 4.52000000% | TBD | TBD | TBD | TBD | TBD | TBD | |
45 | Rose Pointe | 0.5% | 3,156,984 | N | 8/5/2016 | 9/5/2016 | 8/5/2019 | 9/5/2019 | 8/5/2026 | 4.52000000% | TBD | TBD | TBD | TBD | TBD | TBD | |
46 | Synchrony Financial Expansion - 975 Keller Rd. | 0.4% | 3,129,859 | N | 8/5/2016 | 9/6/2016 | 7/6/2021 | 8/6/2021 | 8/6/2026 | 4.97700000% | TBD | TBD | TBD | TBD | TBD | TBD | |
47 | DuVal Enterprises Building | 0.4% | 1,893,504 | N | 9/1/2016 | 10/11/2016 | 10/11/2016 | 9/11/2026 | 4.25000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
48 | Walgreens - Reedsburg | 0.3% | 2,067,258 | N | 9/12/2016 | 11/11/2016 | 11/11/2016 | 10/11/2026 | 4.30000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
49 | Shops at Walmart | 0.3% | 2,288,741 | N | 9/1/2016 | 10/11/2016 | 9/11/2021 | 10/11/2021 | 9/11/2026 | 4.53000000% | TBD | TBD | TBD | TBD | TBD | TBD | |
50 | Suwanee Point | 0.2% | 1,336,129 | N | 9/9/2016 | 10/11/2016 | 10/11/2016 | 9/11/2026 | 4.64000000% | TBD | TBD | TBD | TBD | TBD | TBD | ||
ANNEX A-1 – CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Interest Accrual Method | Monthly P&I Payment ($) | Amortization Type | Interest Accrual Method During IO | Original Term to Maturity or ARD (Mos.) | Remaining Term to Maturity or ARD (Mos.) | Original IO Period (Mos.) | Remaining IO Period (Mos.) | Original Amort Term (Mos.) | Remaining Amort Term (Mos.) | Seasoning | Prepayment Provisions | Grace Period Default (Days) | Grace Period Late (Days) | Appraised Value ($) | Appraisal Date |
1 | QLIC | Actual/360 | 278,800.43 | Interest-only, Balloon | Actual/360 | 120 | 111 | 120 | 111 | 0 | 0 | 9 | L(33),D(84),O(3) | 2 | 5 | 255,000,000 | 8/18/2016 |
2 | Novo Nordisk | Actual/360 | 215,646.22 | Interest-only, ARD | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 1 | L(25),D(32),O(3) | 0 | 0 | 319,900,000 | 6/1/2016 |
3 | Rentar Plaza | Actual/360 | 176,518.06 | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),GRTR 1% or YM or D(91),O(4) | 0 | 0 | 300,000,000 | 7/19/2016 |
4 | 909 Poydras | Actual/360 | 222,271.52 | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 74,300,000 | 7/27/2016 | |
5 | The Falls | Actual/360 | 100,565.10 | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(88),O(7) | 5 | 0 | 305,000,000 | 7/14/2016 |
6 | Cassa Times Square Mixed-Use | Actual/360 | 152,517.99 | Interest-only, Balloon | Actual/360 | 117 | 114 | 117 | 114 | 0 | 0 | 3 | L(27),D(86),O(4) | 0 | 0 | 68,900,000 | 1/11/2016; 3/18/2016 |
7 | Plaza Mexico – Los Angeles | Actual/360 | 116,549.32 | Interest-only, Balloon | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 3 | L(27),D(29),O(4) | 0 | 0 | 184,000,000 | 3/16/2016 |
8 | 333 North Bedford | Actual/360 | 139,445.86 | Amortizing Balloon | 120 | 118 | 0 | 0 | 360 | 358 | 2 | L(26),D(90),O(4) | 0 | 0 | 92,500,000 | 7/6/2016 | |
9 | Yeager Portfolio | Actual/360 | 148,280.29 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(91),O(5) | 0 | 0 | 38,460,000 | Various | |
9.01 | Frisco | 8,450,000 | 7/25/2016 | ||||||||||||||
9.02 | Carmel | 8,000,000 | 7/27/2016 | ||||||||||||||
9.03 | Fishers II | 5,330,000 | 7/27/2016 | ||||||||||||||
9.04 | Greenwood | 5,200,000 | 7/27/2016 | ||||||||||||||
9.05 | Fishers I | 4,460,000 | 7/27/2016 | ||||||||||||||
9.06 | Plainfield | 4,300,000 | 7/27/2016 | ||||||||||||||
9.07 | Noblesville I | 1,550,000 | 7/27/2016 | ||||||||||||||
9.08 | Noblesville II | 1,170,000 | 7/27/2016 | ||||||||||||||
10 | Sixty Soho | Actual/360 | 106,391.80 | Interest-only, Balloon | Actual/360 | 132 | 113 | 132 | 113 | 0 | 0 | 19 | GRTR 1% or YM(43),D(86),O(3) | 0 | 0 | 80,900,000 | 5/10/2016 |
11 | Hyatt House Philadelphia/King of Prussia | Actual/360 | 127,117.35 | Amortizing Balloon | 120 | 117 | 0 | 0 | 360 | 357 | 3 | L(24),GRTR 1% or YM(92),O(4) | 0 | 0 | 37,650,000 | 5/6/2016 | |
12 | Crate & Barrel | Actual/360 | 66,828.30 | Interest-only, Balloon | Actual/360 | 120 | 110 | 120 | 110 | 0 | 0 | 10 | L(34),D(83),O(3) | 0 | 0 | 40,000,000 | 10/27/2015 |
13 | Peachtree Mall | Actual/360 | 104,949.94 | Amortizing Balloon | 114 | 110 | 0 | 0 | 300 | 296 | 4 | L(28),D(82),O(4) | 0 | 0 | 138,000,000 | 11/11/2015 | |
14 | Fairmont Parkway | Actual/360 | 92,331.58 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 107 | 24 | 11 | 360 | 360 | 13 | L(37),D(80),O(3) | 0 | 0 | 26,460,000 | 8/23/2016 |
15 | Hilton Head Village | Actual/360 | 95,636.68 | Amortizing Balloon | 120 | 116 | 0 | 0 | 360 | 356 | 4 | L(28),D(89),O(3) | 0 | 0 | 23,700,000 | 3/7/2016 | |
16 | 24 Hour Fitness - Pleasanton | Actual/360 | 79,709.80 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 60 | 59 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 0 | 28,000,000 | 7/24/2016 |
17 | Sterling Jewelers Corporate Headquarters FES | Actual/360 | 53,039.06 | Interest-only, ARD | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),D(92),O(4) | 0 | 0 | 20,400,000 | 8/8/2016 |
18 | Hilton Garden Inn - Memphis Southaven | Actual/360 | 73,248.65 | Amortizing Balloon | 120 | 120 | 0 | 0 | 300 | 300 | 0 | L(24),D(92),O(4) | 0 | 5 | 18,175,000 | 7/12/2016 | |
19 | White Marsh Portfolio | Actual/360 | 60,058.78 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 12 | 11 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 0 | 16,300,000 | 7/8/2016 |
19.01 | White Marsh Professional Center | 10,000,000 | 7/8/2016 | ||||||||||||||
19.02 | Ridgely’s Choice | 6,300,000 | 7/8/2016 | ||||||||||||||
20 | At Home Portfolio | Actual/360 | 53,192.20 | Interest-only, Amortizing ARD | Actual/360 | 120 | 108 | 30 | 18 | 360 | 360 | 12 | L(36),D(80),O(4) | 0 | 0 | 40,860,000 | Various |
20.01 | 15065 Creosote Road | 8,900,000 | 8/22/2015 | ||||||||||||||
20.02 | 2650 West Interstate 20 | 8,430,000 | 8/20/2015 | ||||||||||||||
20.03 | 1600 West Kelly Avenue | 8,350,000 | 8/21/2015 | ||||||||||||||
20.04 | 2244 South Reynolds Road | 8,280,000 | 8/21/2015 | ||||||||||||||
20.05 | 642 South Walnut Avenue | 6,900,000 | 9/1/2015 | ||||||||||||||
21 | 53 Mercer Street | Actual/360 | 32,613.43 | Interest-only, Balloon | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 2 | L(26),D(91),O(3) | 0 | 0 | 23,500,000 | 6/22/2016 |
22 | HI Overland Park | Actual/360 | 51,829.56 | Amortizing Balloon | 120 | 120 | 0 | 0 | 300 | 300 | 0 | L(24),D(93),O(3) | 0 | 0 | 14,500,000 | 8/2/2016 | |
23 | Palm Terrace | Actual/360 | 44,856.64 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 36 | 34 | 360 | 360 | 2 | L(26),D(91),O(3) | 0 | 0 | 13,470,000 | 6/10/2016 |
24 | Wind Gap Plaza | Actual/360 | 40,636.88 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(91),O(5) | 0 | 0 | 16,100,000 | 6/30/2016 | |
25 | Hampton Inn Exton | Actual/360 | 46,395.08 | Amortizing Balloon | 120 | 118 | 0 | 0 | 300 | 298 | 2 | L(26),D(90),O(4) | 0 | 0 | 14,400,000 | 6/7/2016 | |
26 | Plaza On Main | Actual/360 | 37,672.11 | Amortizing Balloon | 120 | 117 | 0 | 0 | 300 | 297 | 3 | L(27),D(89),O(4) | 0 | 0 | 10,700,000 | 6/8/2016 | |
27 | Dalton Avenue Plaza | Actual/360 | 33,014.53 | Amortizing Balloon | 120 | 118 | 0 | 0 | 360 | 358 | 2 | L(26),D(90),O(4) | 0 | 0 | 8,500,000 | 6/15/2016 | |
28 | Campbell Gardens | Actual/360 | 32,724.62 | Amortizing Balloon | 60 | 58 | 0 | 0 | 360 | 358 | 2 | L(26),D(30),O(4) | 0 | 0 | 8,300,000 | 6/3/2016 | |
29 | Bay Pointe | Actual/360 | 30,134.47 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 36 | 34 | 360 | 360 | 2 | L(26),D(91),O(3) | 0 | 0 | 8,910,000 | 6/13/2016 |
30 | The Crest Apartments | Actual/360 | 28,616.94 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 36 | 34 | 360 | 360 | 2 | L(26),D(91),O(3) | 0 | 0 | 8,440,000 | 6/10/2016 |
31 | Fairfield Inn Avon | Actual/360 | 33,704.55 | Amortizing Balloon | 60 | 59 | 0 | 0 | 360 | 359 | 1 | L(25),D(32),O(3) | 0 | 0 | 7,500,000 | 8/1/2016 | |
32 | Foothill Plaza | Actual/360 | 30,838.31 | Amortizing Balloon | 120 | 119 | 0 | 0 | 300 | 299 | 1 | L(25),D(91),O(4) | 0 | 0 | 9,300,000 | 7/5/2016 | |
33 | Milford Landing Shopping Center | Actual/360 | 29,133.05 | Amortizing Balloon | 120 | 118 | 0 | 0 | 300 | 298 | 2 | L(26),D(90),O(4) | 0 | 0 | 9,750,000 | 6/22/2016 | |
34 | Markets At Mesa Ridge | Actual/360 | 25,840.95 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | 10,300,000 | 4/22/2016 |
35 | 313-315 W Muhammad Ali Boulevard | Actual/360 | 24,975.69 | Amortizing Balloon | 120 | 117 | 0 | 0 | 360 | 357 | 3 | L(27),D(89),O(4) | 0 | 0 | 6,870,000 | 2/29/2016 | |
36 | Holiday Inn Express & Suites Emporia | Actual/360 | 26,450.95 | Amortizing Balloon | 120 | 119 | 0 | 0 | 300 | 299 | 1 | L(25),D(91),O(4) | 0 | 0 | 7,400,000 | 7/25/2016 | |
37 | Country Inn and Suites Savannah Airport | Actual/360 | 25,833.55 | Amortizing Balloon | 120 | 118 | 0 | 0 | 360 | 358 | 2 | L(26),D(91),O(3) | 0 | 0 | 7,300,000 | 4/1/2016 | |
38 | Maple Wayview Apartments | Actual/360 | 22,170.23 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 24 | 22 | 360 | 360 | 2 | L(26),D(90),O(4) | 0 | 0 | 6,000,000 | 6/27/2016 |
39 | Holiday Inn Express - Yulee | Actual/360 | 25,388.54 | Amortizing Balloon | 120 | 118 | 0 | 0 | 300 | 298 | 2 | L(26),D(90),O(4) | 0 | 0 | 7,000,000 | 5/26/2016 | |
40 | Casa Meadows | Actual/360 | 21,531.84 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 36 | 34 | 360 | 360 | 2 | L(26),D(91),O(3) | 0 | 0 | 6,440,000 | 6/10/2016 |
41 | Park West Office | Actual/360 | 18,405.32 | Amortizing Balloon | 119 | 118 | 0 | 0 | 359 | 358 | 1 | L(25),D(93),O(1) | 0 | 0 | 8,100,000 | 7/1/2016 | |
42 | Watkinsville Self Storage | Actual/360 | 21,465.94 | Amortizing Balloon | 120 | 117 | 0 | 0 | 360 | 357 | 3 | L(27),D(89),O(4) | 0 | 0 | 6,100,000 | Various | |
42.01 | 67 Greensboro Highway | 4,600,000 | 5/25/2016 | ||||||||||||||
42.02 | 36 Arnoldsville Road | 1,500,000 | 6/7/2016 | ||||||||||||||
43 | Brookhaven Plaza | Actual/360 | 20,785.44 | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(24),GRTR 1% or YM(92),O(4) | 0 | 0 | 5,500,000 | 7/25/2016 | |
44 | Studio Pointe | Actual/360 | 18,525.73 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 36 | 34 | 360 | 360 | 2 | L(26),D(91),O(3) | 0 | 0 | 6,540,000 | 6/13/2016 |
45 | Rose Pointe | Actual/360 | 18,306.88 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 36 | 34 | 360 | 360 | 2 | L(26),D(91),O(3) | 0 | 0 | 6,420,000 | 6/13/2016 |
46 | Synchrony Financial Expansion - 975 Keller Rd. | Actual/360 | 18,204.17 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 59 | 57 | 360 | 360 | 2 | L(26),D(90),O(4) | 0 | 0 | 4,600,000 | 7/8/2016 |
47 | DuVal Enterprises Building | Actual/360 | 19,196.27 | Amortizing Balloon | 120 | 119 | 0 | 0 | 240 | 239 | 1 | L(25),GRTR 1% or YM(91),O(4) | 0 | 0 | 13,500,000 | 6/16/2016 | |
48 | Walgreens - Reedsburg | Actual/360 | 12,742.94 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | 4,900,000 | 7/17/2016 | |
49 | Shops at Walmart | Actual/360 | 12,711.74 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 60 | 59 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 0 | 5,400,000 | 7/18/2016 |
50 | Suwanee Point | Actual/360 | 8,472.37 | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 2,375,000 | 8/9/2016 | |
ANNEX A-1 – CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Coop -Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Units | Coop - Sponsor Carry | Coop - Committed Secondary Debt | U/W NOI DSCR (x) | U/W NCF DSCR (x) | Cut-off Date LTV Ratio | LTV Ratio at Maturity or ARD | Cut-off Date U/W NOI Debt Yield | Cut-off Date U/W NCF Debt Yield | U/W Revenues ($) | U/W Expenses ($) |
1 | QLIC | 1.86 | 1.84 | 56.9% | 56.9% | 8.3% | 8.2% | 15,396,615 | 3,385,297 | ||||||||
2 | Novo Nordisk | 2.98 | 2.97 | 52.6% | 52.6% | 10.5% | 10.5% | 29,605,904 | 11,891,591 | ||||||||
3 | Rentar Plaza | 2.71 | 2.59 | 44.0% | 44.0% | 9.6% | 9.1% | 24,610,323 | 11,992,475 | ||||||||
4 | 909 Poydras | 1.76 | 1.52 | 61.2% | 50.6% | 10.3% | 8.9% | 9,061,816 | 4,372,519 | ||||||||
5 | The Falls | 3.51 | 3.36 | 49.2% | 49.2% | 12.3% | 11.8% | 26,057,960 | 7,632,172 | ||||||||
6 | Cassa Times Square Mixed-Use | 2.02 | 1.89 | 49.6% | 49.6% | 10.8% | 10.1% | 7,488,161 | 3,782,991 | ||||||||
7 | Plaza Mexico – Los Angeles | 1.95 | 1.85 | 57.6% | 57.6% | 9.1% | 8.6% | 14,200,010 | 4,568,906 | ||||||||
8 | 333 North Bedford | 1.54 | 1.44 | 64.1% | 50.7% | 8.6% | 8.1% | 7,450,441 | 2,331,060 | ||||||||
9 | Yeager Portfolio | 1.60 | 1.53 | 72.8% | 59.6% | 10.1% | 9.8% | 5,207,442 | 2,366,980 | ||||||||
9.01 | Frisco | 1,121,276 | 502,374 | ||||||||||||||
9.02 | Carmel | 981,506 | 405,773 | ||||||||||||||
9.03 | Fishers II | 752,110 | 355,033 | ||||||||||||||
9.04 | Greenwood | 718,221 | 316,804 | ||||||||||||||
9.05 | Fishers I | 543,004 | 238,336 | ||||||||||||||
9.06 | Plainfield | 663,839 | 309,566 | ||||||||||||||
9.07 | Noblesville I | 258,052 | 147,311 | ||||||||||||||
9.08 | Noblesville II | 169,435 | 91,782 | ||||||||||||||
10 | Sixty Soho | 2.32 | 2.01 | 47.8% | 47.8% | 11.1% | 9.6% | 14,297,832 | 10,008,564 | ||||||||
11 | Hyatt House Philadelphia/King of Prussia | 1.96 | 1.77 | 66.2% | 53.7% | 12.0% | 10.9% | 7,501,534 | 4,508,656 | ||||||||
12 | Crate & Barrel | 3.44 | 3.36 | 54.1% | 54.1% | 12.8% | 12.4% | 4,657,505 | 1,896,362 | ||||||||
13 | Peachtree Mall | 1.98 | 1.83 | 57.7% | 42.8% | 12.6% | 11.6% | 13,892,159 | 3,861,607 | ||||||||
14 | Fairmont Parkway | 1.85 | 1.72 | 66.9% | 57.5% | 11.6% | 10.8% | 2,989,913 | 936,929 | ||||||||
15 | Hilton Head Village | 1.38 | 1.26 | 73.3% | 60.9% | 9.1% | 8.3% | 2,088,799 | 506,587 | ||||||||
16 | 24 Hour Fitness - Pleasanton | 1.92 | 1.82 | 58.2% | 53.0% | 11.3% | 10.7% | 2,157,859 | 318,688 | ||||||||
17 | Sterling Jewelers Corporate Headquarters FES | 1.85 | 1.85 | 66.2% | 66.2% | 8.7% | 8.7% | 1,227,902 | 49,331 | ||||||||
18 | Hilton Garden Inn - Memphis Southaven | 2.04 | 1.83 | 68.8% | 51.5% | 14.3% | 12.9% | 4,622,635 | 2,830,555 | ||||||||
19 | White Marsh Portfolio | 1.91 | 1.63 | 70.6% | 59.1% | 12.0% | 10.2% | 2,103,108 | 724,633 | ||||||||
19.01 | White Marsh Professional Center | 1,476,277 | 489,658 | ||||||||||||||
19.02 | Ridgely’s Choice | 626,831 | 234,974 | ||||||||||||||
20 | At Home Portfolio | 1.42 | 1.31 | 68.9% | 60.0% | 8.9% | 8.2% | 2,591,498 | 77,745 | ||||||||
20.01 | 15065 Creosote Road | NAP | NAP | ||||||||||||||
20.02 | 2650 West Interstate 20 | NAP | NAP | ||||||||||||||
20.03 | 1600 West Kelly Avenue | NAP | NAP | ||||||||||||||
20.04 | 2244 South Reynolds Road | NAP | NAP | ||||||||||||||
20.05 | 642 South Walnut Avenue | NAP | NAP | ||||||||||||||
21 | 53 Mercer Street | 2.11 | 2.11 | 42.6% | 42.6% | 8.3% | 8.2% | 880,650 | 55,260 | ||||||||
22 | HI Overland Park | 1.96 | 1.59 | 62.1% | 46.1% | 13.5% | 11.0% | 5,665,526 | 4,447,097 | ||||||||
23 | Palm Terrace | 1.39 | 1.34 | 65.6% | 57.4% | 8.5% | 8.2% | 1,191,915 | 444,175 | ||||||||
24 | Wind Gap Plaza | 1.96 | 1.73 | 51.6% | 41.3% | 11.5% | 10.2% | 1,441,453 | 486,953 | ||||||||
25 | Hampton Inn Exton | 1.81 | 1.56 | 55.4% | 41.4% | 12.6% | 10.9% | 3,557,178 | 2,549,135 | ||||||||
26 | Plaza On Main | 1.96 | 1.72 | 62.8% | 46.4% | 13.2% | 11.6% | 1,097,850 | 211,127 | ||||||||
27 | Dalton Avenue Plaza | 1.69 | 1.55 | 72.2% | 59.5% | 10.9% | 10.0% | 1,124,257 | 454,267 | ||||||||
28 | Campbell Gardens | 1.79 | 1.72 | 72.1% | 66.8% | 11.7% | 11.3% | 1,377,860 | 674,942 | ||||||||
29 | Bay Pointe | 1.36 | 1.31 | 66.6% | 58.3% | 8.3% | 8.0% | 870,237 | 377,061 | ||||||||
30 | The Crest Apartments | 1.35 | 1.31 | 66.8% | 58.5% | 8.2% | 8.0% | 681,737 | 217,056 | ||||||||
31 | Fairfield Inn Avon | 2.08 | 1.87 | 66.6% | 69.8% | 15.1% | 13.5% | 2,152,141 | 1,309,466 | ||||||||
32 | Foothill Plaza | 1.74 | 1.56 | 59.0% | 43.5% | 11.7% | 10.5% | 963,685 | 319,541 | ||||||||
33 | Milford Landing Shopping Center | 2.06 | 1.91 | 55.2% | 40.2% | 13.4% | 12.4% | 944,081 | 225,229 | ||||||||
34 | Markets At Mesa Ridge | 2.25 | 2.25 | 49.5% | 45.3% | 13.7% | 13.7% | 1,011,653 | 312,642 | ||||||||
35 | 313-315 W Muhammad Ali Boulevard | 1.69 | 1.49 | 66.7% | 55.2% | 11.1% | 9.8% | 674,616 | 167,525 | ||||||||
36 | Holiday Inn Express & Suites Emporia | 2.04 | 1.80 | 60.7% | 45.5% | 14.4% | 12.7% | 1,916,419 | 1,269,934 | ||||||||
37 | Country Inn and Suites Savannah Airport | 1.96 | 1.71 | 61.5% | 51.6% | 13.5% | 11.8% | 1,926,119 | 1,318,279 | ||||||||
38 | Maple Wayview Apartments | 1.60 | 1.50 | 72.5% | 62.0% | 9.8% | 9.2% | 868,104 | 441,850 | ||||||||
39 | Holiday Inn Express - Yulee | 2.38 | 2.16 | 61.2% | 46.1% | 16.9% | 15.3% | 1,728,337 | 1,002,242 | ||||||||
40 | Casa Meadows | 1.38 | 1.33 | 65.8% | 57.7% | 8.4% | 8.1% | 569,208 | 212,970 | ||||||||
41 | Park West Office | 2.57 | 2.21 | 48.6% | 38.4% | 14.4% | 12.4% | 1,017,519 | 449,913 | ||||||||
42 | Watkinsville Self Storage | 1.55 | 1.48 | 64.5% | 53.4% | 10.2% | 9.7% | 736,770 | 336,739 | ||||||||
42.01 | 67 Greensboro Highway | 544,858 | 264,488 | ||||||||||||||
42.02 | 36 Arnoldsville Road | 191,912 | 72,252 | ||||||||||||||
43 | Brookhaven Plaza | 1.72 | 1.60 | 69.9% | 57.6% | 11.1% | 10.4% | 526,021 | 98,111 | ||||||||
44 | Studio Pointe | 1.37 | 1.33 | 55.8% | 48.8% | 8.4% | 8.1% | 488,134 | 183,018 | ||||||||
45 | Rose Pointe | 1.38 | 1.32 | 56.1% | 49.2% | 8.4% | 8.0% | 496,761 | 193,929 | ||||||||
46 | Synchrony Financial Expansion - 975 Keller Rd. | 1.92 | 1.82 | 73.9% | 68.0% | 12.3% | 11.7% | 564,657 | 145,178 | ||||||||
47 | DuVal Enterprises Building | 2.72 | 2.37 | 22.9% | 14.0% | 20.2% | 17.7% | 1,161,067 | 535,491 | ||||||||
48 | Walgreens - Reedsburg | 1.70 | 1.69 | 52.6% | 42.2% | 10.1% | 10.0% | 261,920 | 2,619 | ||||||||
49 | Shops at Walmart | 1.62 | 1.50 | 46.3% | 42.4% | 9.9% | 9.1% | 297,616 | 50,248 | ||||||||
50 | Suwanee Point | 1.79 | 1.54 | 69.2% | 56.3% | 11.0% | 9.5% | 275,352 | 93,842 | ||||||||
ANNEX A-1 – CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | U/W Net Operating Income ($) | U/W Replacement ($) | U/W TI/LC ($) | U/W Net Cash Flow ($) | Occupancy Rate | Occupancy as-of Date | U/W Hotel ADR | U/W Hotel RevPAR | Most Recent Period | Most Recent Revenues ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent Capital Expenditures | Most Recent NCF ($) | Most Recent Hotel ADR | Most Recent Hotel RevPAR |
1 | QLIC | 12,011,318 | 84,200 | 18,123 | 11,908,995 | 98.3% | 8/15/2016 | Annualized 3 6/30/2016 | 9,836,024 | 2,986,498 | 6,849,526 | 0 | 6,849,526 | ||||
2 | Novo Nordisk | 17,714,312 | 38,091 | 0 | 17,676,221 | 78.0% | 9/1/2016 | TTM 5/31/2016 | 24,599,348 | 9,911,492 | 14,687,857 | 0 | 14,687,857 | ||||
3 | Rentar Plaza | 12,617,848 | 156,721 | 391,802 | 12,069,325 | 100.0% | 8/1/2016 | TTM 6/30/2016 | 24,383,651 | 11,274,905 | 13,108,746 | 0 | 13,108,746 | ||||
4 | 909 Poydras | 4,689,297 | 81,774 | 545,157 | 4,062,366 | 80.8% | 8/29/2016 | TTM 5/31/2016 | 8,651,451 | 4,434,102 | 4,217,349 | 0 | 4,217,349 | ||||
5 | The Falls | 18,425,787 | 176,296 | 618,885 | 17,630,606 | 97.5% | 6/30/2016 | TTM 5/31/2016 | 26,377,646 | 7,484,686 | 18,892,960 | 0 | 18,892,960 | ||||
6 | Cassa Times Square Mixed-Use | 3,705,170 | 3,175 | 11,581 | 3,465,758 | 76.2% Retail; 95.2% Hotel | 9/8/2016 for Retail; TTM 6/30/2016 for Hotel | 214 | 204 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
7 | Plaza Mexico – Los Angeles | 9,631,104 | 60,610 | 404,064 | 9,166,431 | 90.9% | 6/1/2016 | TTM 2/29/2016 | 13,878,877 | 4,353,659 | 9,525,218 | 0 | 9,525,218 | ||||
8 | 333 North Bedford | 5,119,381 | 36,717 | 305,977 | 4,776,687 | 81.4% | 8/1/2016 | TTM 5/31/2016 | 9,166,659 | 2,387,781 | 6,778,878 | 0 | 6,778,878 | ||||
9 | Yeager Portfolio | 2,840,462 | 24,369 | 84,858 | 2,731,235 | 99.5% | 8/1/2016 | TTM 6/30/2016 | 5,362,340 | 2,364,492 | 2,997,848 | 0 | 2,997,848 | ||||
9.01 | Frisco | 618,902 | 1,614 | 20,135 | 597,154 | 99.4% | 8/1/2016 | TTM 6/30/2016 | 1,210,671 | 455,537 | 755,134 | 0 | 755,134 | ||||
9.02 | Carmel | 575,732 | 5,297 | 13,654 | 556,782 | 100.0% | 8/1/2016 | TTM 6/30/2016 | 1,021,005 | 404,018 | 616,987 | 0 | 616,987 | ||||
9.03 | Fishers II | 397,077 | 2,406 | 13,621 | 381,050 | 98.4% | 8/1/2016 | TTM 6/30/2016 | 774,258 | 358,204 | 416,055 | 0 | 416,055 | ||||
9.04 | Greenwood | 401,417 | 2,203 | 12,164 | 387,050 | 100.0% | 8/1/2016 | TTM 6/30/2016 | 725,971 | 319,298 | 406,673 | 0 | 406,673 | ||||
9.05 | Fishers I | 304,668 | 4,372 | 7,876 | 292,420 | 100.0% | 8/1/2016 | TTM 6/30/2016 | 556,680 | 246,516 | 310,164 | 0 | 310,164 | ||||
9.06 | Plainfield | 354,273 | 2,740 | 10,606 | 340,927 | 99.1% | 8/1/2016 | TTM 6/30/2016 | 661,405 | 323,466 | 337,939 | 0 | 337,939 | ||||
9.07 | Noblesville I | 110,741 | 4,927 | 3,652 | 102,162 | 100.0% | 8/1/2016 | TTM 6/30/2016 | 260,334 | 150,970 | 109,364 | 0 | 109,364 | ||||
9.08 | Noblesville II | 77,652 | 811 | 3,150 | 73,691 | 100.0% | 8/1/2016 | TTM 6/30/2016 | 152,017 | 106,483 | 45,534 | 0 | 45,534 | ||||
10 | Sixty Soho | 4,289,268 | 571,913 | 0 | 3,717,355 | 87.3% | 6/30/2016 | 433 | 378 | TTM 6/30/2016 | 14,297,686 | 10,463,852 | 3,833,834 | 0 | 3,833,834 | 433 | 378 |
11 | Hyatt House Philadelphia/King of Prussia | 2,992,878 | 287,581 | 0 | 2,705,297 | 82.1% | 6/30/2016 | 153 | 122 | TTM 6/30/2016 | 7,673,897 | 4,580,364 | 3,093,533 | 0 | 3,093,533 | 152 | 125 |
12 | Crate & Barrel | 2,761,143 | 25,176 | 41,961 | 2,694,006 | 100.0% | 10/1/2016 | TTM 7/31/2016 | 4,832,859 | 1,807,675 | 3,025,184 | 0 | 3,025,184 | ||||
13 | Peachtree Mall | 10,030,552 | 110,592 | 673,710 | 9,246,250 | 90.1% | 6/30/2016 | TTM 6/30/2016 | 13,770,809 | 3,875,594 | 9,895,215 | 0 | 9,895,215 | ||||
14 | Fairmont Parkway | 2,052,984 | 26,507 | 123,697 | 1,902,780 | 95.7% | 6/30/2016 | Annualized 11 7/31/2016 | 2,932,960 | 891,185 | 2,041,775 | 0 | 2,041,775 | ||||
15 | Hilton Head Village | 1,582,212 | 22,208 | 111,042 | 1,448,961 | 100.0% | 6/30/2016 | TTM 6/30/2016 | 2,164,575 | 537,212 | 1,627,363 | 0 | 1,627,363 | ||||
16 | 24 Hour Fitness - Pleasanton | 1,839,171 | 8,431 | 87,943 | 1,742,797 | 100.0% | 10/1/2016 | TTM 6/30/2016 | 2,023,416 | 6,610 | 2,016,806 | 0 | 2,016,806 | ||||
17 | Sterling Jewelers Corporate Headquarters FES | 1,178,571 | 0 | 0 | 1,178,571 | 100.0% | 10/1/2016 | TTM 6/30/2016 | 1,125,000 | 35,198 | 1,089,802 | 0 | 1,089,802 | ||||
18 | Hilton Garden Inn - Memphis Southaven | 1,792,080 | 184,905 | 0 | 1,607,175 | 79.0% | 6/30/2016 | 127 | 100 | TTM 6/30/2016 | 4,622,635 | 2,835,162 | 1,787,473 | 0 | 1,787,473 | 127 | 100 |
19 | White Marsh Portfolio | 1,378,476 | 23,286 | 178,904 | 1,176,285 | 81.2% | 8/1/2016 | TTM 5/31/2016 | 2,305,278 | 759,833 | 1,545,445 | 0 | 1,545,445 | ||||
19.01 | White Marsh Professional Center | 986,619 | 10,406 | 118,202 | 858,011 | 85.1% | 8/1/2016 | TTM 5/31/2016 | 1,419,204 | 500,219 | 918,985 | 0 | 918,985 | ||||
19.02 | Ridgely’s Choice | 391,857 | 12,881 | 60,702 | 318,274 | 73.6% | 8/1/2016 | TTM 5/31/2016 | 886,074 | 259,614 | 626,460 | 0 | 626,460 | ||||
20 | At Home Portfolio | 2,513,753 | 85,581 | 109,065 | 2,319,108 | 100.0% | 10/1/2016 | NAV | NAV | NAV | NAV | NAV | NAV | ||||
20.01 | 15065 Creosote Road | NAP | NAP | NAP | NAP | 100.0% | 10/1/2016 | NAV | NAV | NAV | NAV | NAV | NAV | ||||
20.02 | 2650 West Interstate 20 | NAP | NAP | NAP | NAP | 100.0% | 10/1/2016 | NAV | NAV | NAV | NAV | NAV | NAV | ||||
20.03 | 1600 West Kelly Avenue | NAP | NAP | NAP | NAP | 100.0% | 10/1/2016 | NAV | NAV | NAV | NAV | NAV | NAV | ||||
20.04 | 2244 South Reynolds Road | NAP | NAP | NAP | NAP | 100.0% | 10/1/2016 | NAV | NAV | NAV | NAV | NAV | NAV | ||||
20.05 | 642 South Walnut Avenue | NAP | NAP | NAP | NAP | 100.0% | 10/1/2016 | NAV | NAV | NAV | NAV | NAV | NAV | ||||
21 | 53 Mercer Street | 825,390 | 879 | 0 | 824,511 | 100.0% | 10/1/2016 | NAV | NAV | NAV | NAV | NAV | NAV | ||||
22 | HI Overland Park | 1,218,429 | 226,621 | 0 | 991,808 | 63.5% | 7/31/2016 | 96 | 61 | TTM 7/31/2016 | 5,681,109 | 4,439,983 | 1,241,126 | 0 | 1,241,126 | 96 | 61 |
23 | Palm Terrace | 747,740 | 24,000 | 0 | 723,740 | 99.0% | 7/18/2016 | TTM 5/31/2016 | 1,218,123 | 450,037 | 768,085 | 0 | 768,085 | ||||
24 | Wind Gap Plaza | 954,499 | 14,434 | 96,229 | 843,836 | 93.9% | 8/16/2016 | TTM 7/31/2016 | 1,474,953 | 483,471 | 991,482 | 0 | 991,482 | ||||
25 | Hampton Inn Exton | 1,008,043 | 142,287 | 0 | 865,756 | 69.9% | 7/31/2016 | 115 | 81 | TTM 7/31/2016 | 3,626,373 | 2,575,347 | 1,051,026 | 0 | 1,051,026 | 115 | 81 |
26 | Plaza On Main | 886,723 | 14,010 | 93,398 | 779,315 | 94.8% | 6/22/2016 | TTM 6/30/2016 | 807,904 | 177,700 | 630,204 | 0 | 630,204 | ||||
27 | Dalton Avenue Plaza | 669,991 | 16,279 | 40,222 | 613,489 | 95.7% | 7/6/2016 | TTM 6/30/2016 | 1,061,545 | 403,174 | 658,371 | 0 | 658,371 | ||||
28 | Campbell Gardens | 702,918 | 27,716 | 0 | 675,202 | 93.3% | 9/1/2016 | TTM 6/30/2016 | 1,377,860 | 681,705 | 696,155 | 0 | 696,155 | ||||
29 | Bay Pointe | 493,176 | 18,500 | 0 | 474,676 | 98.6% | 7/18/2016 | TTM 5/31/2016 | 891,139 | 380,452 | 510,687 | 0 | 510,687 | ||||
30 | The Crest Apartments | 464,681 | 13,728 | 0 | 450,953 | 100.0% | 7/18/2016 | TTM 5/31/2016 | 699,857 | 219,672 | 480,185 | 0 | 480,185 | ||||
31 | Fairfield Inn Avon | 842,676 | 86,086 | 0 | 756,590 | 68.3% | 5/31/2016 | 104 | 72 | TTM 5/31/2016 | 2,192,127 | 1,249,778 | 942,350 | 0 | 942,350 | 105 | 72 |
32 | Foothill Plaza | 644,144 | 23,018 | 43,458 | 577,667 | 92.8% | 6/30/2016 | TTM 6/30/2016 | 1,012,732 | 318,503 | 694,229 | 0 | 694,229 | ||||
33 | Milford Landing Shopping Center | 718,852 | 6,633 | 44,222 | 667,997 | 99.4% | 5/31/2016 | TTM 6/30/2016 | 982,570 | 222,364 | 760,207 | 0 | 760,207 | ||||
34 | Markets At Mesa Ridge | 699,011 | 0 | 0 | 699,011 | 100.0% | 7/31/2016 | TTM 7/31/2016 | 1,008,440 | 242,002 | 766,438 | -878 | 767,316 | ||||
35 | 313-315 W Muhammad Ali Boulevard | 507,091 | 14,790 | 44,493 | 447,808 | 100.0% | 10/1/2016 | TTM 6/30/2016 | 684,353 | 152,366 | 531,987 | 0 | 531,987 | ||||
36 | Holiday Inn Express & Suites Emporia | 646,486 | 76,657 | 0 | 569,829 | 75.4% | 6/30/2016 | 89 | 67 | TTM 6/30/2016 | 1,921,670 | 1,180,634 | 741,036 | 76,867 | 664,169 | 89 | 67 |
37 | Country Inn and Suites Savannah Airport | 607,840 | 77,045 | 0 | 530,795 | 73.9% | 4/30/2016 | 87 | 64 | TTM 4/30/2016 | 1,931,396 | 1,237,416 | 693,980 | 0 | 693,980 | 87 | 64 |
38 | Maple Wayview Apartments | 426,255 | 27,500 | 0 | 398,755 | 97.3% | 7/1/2016 | TTM 6/30/2016 | 816,323 | 433,028 | 383,295 | 27,500 | 355,795 | ||||
39 | Holiday Inn Express - Yulee | 726,095 | 69,133 | 0 | 656,962 | 62.6% | 5/31/2016 | 104 | 65 | TTM 5/31/2016 | 1,733,072 | 995,825 | 737,247 | 0 | 737,247 | 104 | 65 |
40 | Casa Meadows | 356,237 | 12,250 | 0 | 343,987 | 100.0% | 7/18/2016 | TTM 5/31/2016 | 560,782 | 215,655 | 345,127 | 0 | 345,127 | ||||
41 | Park West Office | 567,606 | 21,914 | 56,866 | 488,826 | 97.9% | 7/18/2016 | TTM 5/31/2016 | 802,932 | 426,186 | 376,746 | 0 | 376,746 | ||||
42 | Watkinsville Self Storage | 400,031 | 18,216 | 0 | 381,815 | Various | Various | TTM 4/30/2016 | 728,313 | 313,039 | 415,274 | 0 | 415,274 | ||||
42.01 | 67 Greensboro Highway | 280,371 | 12,232 | 0 | 268,139 | 99.3% | 5/26/2016 | TTM 4/30/2016 | 558,074 | 246,056 | 312,018 | 0 | 312,018 | ||||
42.02 | 36 Arnoldsville Road | 119,661 | 5,984 | 0 | 113,677 | 83.5% | 6/14/2016 | TTM 4/30/2016 | 170,240 | 66,983 | 103,257 | 0 | 103,257 | ||||
43 | Brookhaven Plaza | 427,910 | 8,513 | 20,689 | 398,708 | 96.5% | 8/8/2016 | TTM 5/31/2016 | 490,398 | 96,655 | 393,744 | 26,432 | 367,312 | ||||
44 | Studio Pointe | 305,116 | 10,500 | 0 | 294,616 | 97.6% | 7/18/2016 | TTM 5/31/2016 | 491,838 | 186,329 | 305,509 | 0 | 305,509 | ||||
45 | Rose Pointe | 302,832 | 13,262 | 0 | 289,570 | 97.4% | 7/18/2016 | TTM 5/31/2016 | 496,089 | 196,035 | 300,055 | 0 | 300,055 | ||||
46 | Synchrony Financial Expansion - 975 Keller Rd. | 419,480 | 3,762 | 18,614 | 397,104 | 100.0% | 10/1/2016 | NAV | NAV | NAV | NAV | NAV | NAV | ||||
47 | DuVal Enterprises Building | 625,576 | 15,115 | 64,202 | 546,259 | 94.7% | 8/1/2016 | TTM 5/31/2016 | 1,147,715 | 466,660 | 681,055 | 0 | 681,055 | ||||
48 | Walgreens - Reedsburg | 259,301 | 1,482 | 0 | 257,819 | 100.0% | 10/1/2016 | Annualized 6 6/30/2016 | 270,000 | 0 | 270,000 | 0 | 270,000 | ||||
49 | Shops at Walmart | 247,368 | 2,459 | 16,656 | 228,254 | 100.0% | 8/31/2016 | TTM 6/30/2016 | 415,544 | 61,014 | 354,530 | 0 | 354,530 | ||||
50 | Suwanee Point | 181,510 | 5,608 | 19,258 | 156,644 | 100.0% | 7/25/2016 | TTM 6/30/2016 | 283,351 | 100,637 | 182,714 | 0 | 182,714 | ||||
ANNEX A-1 – CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Second Most Recent Period | Second Most Recent Revenues ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent Capital Expenditures | Second Most Recent NCF ($) | Second Most Recent Hotel ADR | Second Most Recent Hotel RevPAR | Third Most Recent Period | Third Most Recent Revenues ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent Capital Expenditures | Third Most Recent NCF ($) | Third Most Recent Hotel ADR | Third Most Recent Hotel RevPAR |
1 | QLIC | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
2 | Novo Nordisk | Actual 2015 | 24,562,154 | 10,163,040 | 14,399,114 | 0 | 14,399,114 | Actual 2014 | 24,738,338 | 10,261,687 | 14,476,650 | 0 | 14,476,650 | ||||
3 | Rentar Plaza | Actual 2015 | 24,453,413 | 11,580,671 | 12,872,742 | 0 | 12,872,742 | Actual 2014 | 23,466,573 | 11,130,209 | 12,336,364 | 0 | 12,336,364 | ||||
4 | 909 Poydras | Actual 2015 | 8,788,693 | 4,365,137 | 4,423,556 | 0 | 4,423,556 | Actual 2014 | 8,368,492 | 4,496,902 | 3,871,590 | 0 | 3,871,590 | ||||
5 | The Falls | Actual 2015 | 26,592,149 | 7,831,336 | 18,760,813 | 0 | 18,760,813 | Actual 2014 | 26,306,241 | 8,114,149 | 18,192,092 | 0 | 18,192,092 | ||||
6 | Cassa Times Square Mixed-Use | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
7 | Plaza Mexico – Los Angeles | Actual 2015 | 13,823,456 | 4,450,502 | 9,372,954 | 0 | 9,372,954 | Actual 2014 | 13,558,561 | 4,600,012 | 8,958,550 | 0 | 8,958,550 | ||||
8 | 333 North Bedford | Actual 2015 | 9,012,571 | 2,382,282 | 6,630,288 | 0 | 6,630,288 | Actual 2014 | 8,550,772 | 2,221,304 | 6,329,468 | 0 | 6,329,468 | ||||
9 | Yeager Portfolio | Actual 2015 | 5,165,129 | 2,220,847 | 2,944,282 | 0 | 2,944,282 | Actual 2014 | 4,338,962 | 1,918,858 | 2,420,104 | 0 | 2,420,104 | ||||
9.01 | Frisco | Actual 2015 | 1,107,396 | 407,553 | 699,843 | 0 | 699,843 | Actual 2014 | 420,870 | 210,401 | 210,469 | 0 | 210,469 | ||||
9.02 | Carmel | Actual 2015 | 1,006,340 | 381,958 | 624,382 | 0 | 624,382 | Actual 2014 | 967,490 | 374,533 | 592,957 | 0 | 592,957 | ||||
9.03 | Fishers II | Actual 2015 | 753,402 | 336,692 | 416,710 | 0 | 416,710 | Actual 2014 | 719,003 | 304,969 | 414,034 | 0 | 414,034 | ||||
9.04 | Greenwood | Actual 2015 | 687,905 | 308,463 | 379,442 | 0 | 379,442 | Actual 2014 | 641,897 | 272,925 | 368,972 | 0 | 368,972 | ||||
9.05 | Fishers I | Actual 2015 | 544,065 | 225,515 | 318,550 | 0 | 318,550 | Actual 2014 | 521,301 | 229,326 | 291,975 | 0 | 291,975 | ||||
9.06 | Plainfield | Actual 2015 | 658,470 | 327,117 | 331,353 | 0 | 331,353 | Actual 2014 | 661,728 | 294,592 | 367,136 | 0 | 367,136 | ||||
9.07 | Noblesville I | Actual 2015 | 245,476 | 140,951 | 104,525 | 0 | 104,525 | Actual 2014 | 231,558 | 149,542 | 82,016 | 0 | 82,016 | ||||
9.08 | Noblesville II | Actual 2015 | 162,075 | 92,598 | 69,477 | 0 | 69,477 | Actual 2014 | 175,115 | 82,570 | 92,545 | 0 | 92,545 | ||||
10 | Sixty Soho | Actual 2015 | 12,803,548 | 9,985,776 | 2,817,772 | 0 | 2,817,772 | 405 | 342 | Actual 2014 | 12,565,888 | 11,870,867 | 695,021 | 0 | 695,021 | 357 | 266 |
11 | Hyatt House Philadelphia/King of Prussia | Actual 2015 | 7,494,772 | 4,498,601 | 2,996,171 | 0 | 2,996,171 | 149 | 122 | Actual 2014 | 7,371,181 | 4,374,525 | 2,996,656 | 0 | 2,996,656 | 144 | 120 |
12 | Crate & Barrel | Actual 2015 | 4,638,073 | 1,777,887 | 2,860,186 | 0 | 2,860,186 | Actual 2014 | 4,591,081 | 1,845,481 | 2,745,600 | 0 | 2,745,600 | ||||
13 | Peachtree Mall | Actual 2015 | 13,161,383 | 3,853,477 | 9,307,906 | 0 | 9,307,906 | Actual 2014 | 13,807,120 | 4,019,990 | 9,787,129 | 0 | 9,787,129 | ||||
14 | Fairmont Parkway | Actual 2015 | 2,968,616 | 1,014,822 | 1,953,794 | 0 | 1,953,794 | Actual 2014 | 2,869,310 | 870,549 | 1,998,760 | 0 | 1,998,760 | ||||
15 | Hilton Head Village | Actual 2015 | 2,116,020 | 545,897 | 1,570,123 | 0 | 1,570,123 | Actual 2014 | 2,059,456 | 565,103 | 1,494,354 | 0 | 1,494,354 | ||||
16 | 24 Hour Fitness - Pleasanton | Actual 2015 | 2,023,416 | 8,123 | 2,015,293 | 0 | 2,015,293 | Actual 2014 | 2,001,737 | 4,324 | 1,997,412 | 0 | 1,997,412 | ||||
17 | Sterling Jewelers Corporate Headquarters FES | Actual 2015 | 1,125,000 | 31,907 | 1,093,093 | 0 | 1,093,093 | Actual 2014 | 1,125,000 | 30,722 | 1,094,278 | 0 | 1,094,278 | ||||
18 | Hilton Garden Inn - Memphis Southaven | Actual 2015 | 4,466,915 | 2,768,680 | 1,698,235 | 0 | 1,698,235 | 124 | 96 | Actual 2014 | 4,427,807 | 2,665,228 | 1,762,579 | 0 | 1,762,579 | 122 | 95 |
19 | White Marsh Portfolio | Actual 2015 | 2,269,420 | 764,593 | 1,504,827 | 0 | 1,504,827 | Actual 2014 | 2,172,797 | 779,556 | 1,393,241 | 12,000 | 1,381,241 | ||||
19.01 | White Marsh Professional Center | Actual 2015 | 1,415,039 | 514,079 | 900,960 | 0 | 900,960 | Actual 2014 | 1,359,032 | 554,897 | 804,135 | 12,000 | 792,135 | ||||
19.02 | Ridgely’s Choice | Actual 2015 | 854,381 | 250,514 | 603,867 | 0 | 603,867 | Actual 2014 | 813,765 | 224,659 | 589,106 | 0 | 589,106 | ||||
20 | At Home Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
20.01 | 15065 Creosote Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
20.02 | 2650 West Interstate 20 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
20.03 | 1600 West Kelly Avenue | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
20.04 | 2244 South Reynolds Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
20.05 | 642 South Walnut Avenue | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
21 | 53 Mercer Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
22 | HI Overland Park | Actual 2015 | 5,586,688 | 4,307,653 | 1,279,035 | 0 | 1,279,035 | 93 | 60 | Actual 2014 | 4,961,020 | 4,008,758 | 952,262 | 0 | 952,262 | 87 | 53 |
23 | Palm Terrace | Actual 2015 | 1,205,608 | 462,087 | 743,521 | 0 | 743,521 | Actual 2014 | 1,129,034 | 501,342 | 627,692 | 0 | 627,692 | ||||
24 | Wind Gap Plaza | Actual 2015 | 1,401,477 | 483,264 | 918,213 | 0 | 918,213 | Actual 2014 | 1,397,491 | 440,353 | 957,139 | 0 | 957,139 | ||||
25 | Hampton Inn Exton | Actual 2015 | 3,703,299 | 2,558,820 | 1,144,479 | 0 | 1,144,479 | 116 | 82 | Actual 2014 | 3,671,358 | 2,657,221 | 1,014,137 | 0 | 1,014,137 | 115 | 82 |
26 | Plaza On Main | Actual 2015 | 629,951 | 182,486 | 447,465 | 0 | 447,465 | Actual 2014 | 612,705 | 189,454 | 423,251 | 0 | 423,251 | ||||
27 | Dalton Avenue Plaza | Actual 2015 | 1,067,671 | 458,658 | 609,013 | 0 | 609,013 | Actual 2014 | 1,084,107 | 410,388 | 673,719 | 0 | 673,719 | ||||
28 | Campbell Gardens | Actual 2015 | 1,338,056 | 664,034 | 674,022 | 0 | 674,022 | Actual 2014 | 1,301,017 | 613,333 | 687,684 | 0 | 687,684 | ||||
29 | Bay Pointe | Actual 2015 | 885,828 | 353,424 | 532,404 | 0 | 532,404 | Actual 2014 | 790,257 | 364,086 | 426,171 | 0 | 426,171 | ||||
30 | The Crest Apartments | Actual 2015 | 689,822 | 235,004 | 454,818 | 0 | 454,818 | Actual 2014 | 622,807 | 226,607 | 396,200 | 0 | 396,200 | ||||
31 | Fairfield Inn Avon | Actual 2015 | 2,116,930 | 1,326,542 | 790,388 | 0 | 790,388 | 106 | 69 | Actual 2014 | 1,924,545 | 1,148,636 | 775,910 | 0 | 775,910 | 104 | 64 |
32 | Foothill Plaza | Actual 2015 | 1,031,819 | 318,423 | 713,396 | 0 | 713,396 | Actual 2014 | 988,280 | 311,542 | 676,738 | 0 | 676,738 | ||||
33 | Milford Landing Shopping Center | Actual 2015 | 992,316 | 221,126 | 771,190 | 0 | 771,190 | Actual 2014 | 873,444 | 221,592 | 651,852 | 0 | 651,852 | ||||
34 | Markets At Mesa Ridge | Actual 2015 | 1,017,065 | 357,431 | 659,634 | 19,963 | 639,671 | Actual 2014 | 987,915 | 332,285 | 655,630 | 40,319 | 615,311 | ||||
35 | 313-315 W Muhammad Ali Boulevard | Actual 2015 | 675,905 | 172,075 | 503,830 | 0 | 503,830 | Actual 2014 | 659,419 | 165,844 | 493,575 | 0 | 493,575 | ||||
36 | Holiday Inn Express & Suites Emporia | Actual 2015 | 1,880,350 | 1,172,783 | 707,567 | 75,214 | 632,353 | 87 | 65 | Actual 2014 | 1,756,947 | 1,145,728 | 611,219 | 70,278 | 540,941 | 82 | 61 |
37 | Country Inn and Suites Savannah Airport | Actual 2015 | 1,992,697 | 1,241,697 | 750,999 | 0 | 750,999 | 87 | 66 | Actual 2014 | 1,828,516 | 1,134,286 | 694,229 | 0 | 694,229 | 76 | 61 |
38 | Maple Wayview Apartments | Actual 2015 | 690,115 | 431,084 | 259,030 | 27,500 | 231,530 | Actual 2014 | 622,717 | 354,674 | 268,043 | 27,500 | 240,543 | ||||
39 | Holiday Inn Express - Yulee | Actual 2015 | 1,619,483 | 1,032,859 | 586,624 | 0 | 586,624 | 102 | 61 | Actual 2014 | 1,457,215 | 923,121 | 534,094 | 0 | 534,094 | 94 | 55 |
40 | Casa Meadows | Actual 2015 | 547,461 | 208,863 | 338,598 | 0 | 338,598 | Actual 2014 | 533,828 | 240,395 | 293,433 | 0 | 293,433 | ||||
41 | Park West Office | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
42 | Watkinsville Self Storage | Various | 550,070 | 246,373 | 303,697 | 0 | 303,697 | Various | 519,080 | 218,918 | 300,161 | 0 | 300,161 | ||||
42.01 | 67 Greensboro Highway | Actual 2015 | 550,070 | 246,373 | 303,697 | 0 | 303,697 | Actual 2014 | 519,080 | 218,918 | 300,161 | 0 | 300,161 | ||||
42.02 | 36 Arnoldsville Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
43 | Brookhaven Plaza | Actual 2015 | 473,046 | 96,042 | 377,003 | 10,818 | 366,186 | Actual 2014 | 480,145 | 93,573 | 386,572 | 12,918 | 373,655 | ||||
44 | Studio Pointe | Actual 2015 | 493,531 | 185,560 | 307,971 | 0 | 307,971 | Actual 2014 | 473,316 | 200,422 | 272,894 | 0 | 272,894 | ||||
45 | Rose Pointe | Actual 2015 | 481,639 | 219,771 | 261,868 | 0 | 261,868 | Actual 2014 | 471,448 | 196,423 | 275,025 | 0 | 275,025 | ||||
46 | Synchrony Financial Expansion - 975 Keller Rd. | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
47 | DuVal Enterprises Building | Actual 2015 | 1,100,708 | 479,752 | 620,956 | 0 | 620,956 | Actual 2014 | 1,073,679 | 458,656 | 615,023 | 0 | 615,023 | ||||
48 | Walgreens - Reedsburg | Actual 2015 | 270,000 | 0 | 270,000 | 0 | 270,000 | Actual 2014 | 270,000 | 0 | 270,000 | 0 | 270,000 | ||||
49 | Shops at Walmart | Actual 2015 | 404,400 | 59,760 | 344,640 | 0 | 344,640 | Actual 2014 | 434,803 | 64,857 | 369,947 | 0 | 369,947 | ||||
50 | Suwanee Point | Actual 2015 | 271,640 | 102,186 | 169,454 | 0 | 169,454 | Actual 2014 | 267,608 | 91,363 | 176,245 | 0 | 176,245 | ||||
ANNEX A-1 – CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Master Lease (Y/N) | Largest Tenant Name | Largest Tenant Sq. Ft. | Largest Tenant % of NRA | Largest Tenant Exp. Date | 2nd Largest Tenant Name | 2nd Largest Tenant Sq. Ft. | 2nd Largest Tenant % of NRA | 2nd Largest Tenant Exp. Date | 3rd Largest Tenant Name | 3rd Largest Tenant Sq. Ft. | 3rd Largest Tenant % of NRA | 3rd Largest Tenant Exp. Date |
1 | QLIC | N | ||||||||||||
2 | Novo Nordisk | N | Novo Nordisk Inc. | 594,009 | 78.0% | 04/30/2031 | ||||||||
3 | Rentar Plaza | Y | City of New York- DS/BOE | 516,115 | 32.9% | 02/09/2021 | Middle Village Associates | 265,000 | 16.9% | 09/30/2024 | Raymour and Flanigan | 174,000 | 11.1% | 03/31/2024 |
4 | 909 Poydras | N | Stone Pigman Walther Wittmann LLC | 42,748 | 7.8% | 10/31/2032 | Sher Garner Cahill Richter Klain McAlister & Hilbert LLC | 32,192 | 5.9% | 12/31/2027 | Kean Miller LLP | 30,606 | 5.6% | 10/31/2028 |
5 | The Falls | N | Macy’s | 230,000 | 27.4% | 7/31/2027 | Bloomingdale’s | 225,000 | 26.8% | 1/28/2022 | Regal Cinemas | 39,746 | 4.7% | 1/31/2019 |
6 | Cassa Times Square Mixed-Use | N | Omoiyari Inc. | 5,135 | 8.6% | 04/30/2026 | Ronnybrook Farm Hospitality Group Inc. | 3,692 | 6.2% | 03/20/2026 | ||||
7 | Plaza Mexico – Los Angeles | N | Food 4 Less | 54,822 | 13.6% | 8/23/2018 | La Curacao | 27,381 | 6.8% | 1/31/2020 | Rite Aid Corp. | 19,120 | 4.7% | 5/31/2018 |
8 | 333 North Bedford | N | Grand Prix New York Racing | 117,942 | 19.3% | 12/31/2024 | Safe Havens Partners | 90,031 | 14.7% | 05/31/2022 | Photo File, Inc. | 42,881 | 7.0% | 03/31/2020 |
9 | Yeager Portfolio | N | Various | Various | Various | MTM | Various | Various | Various | MTM | Various | Various | Various | MTM |
9.01 | Frisco | N | Osky Blue | 780 | 3.1% | MTM | PhysVisible | 464 | 1.9% | MTM | Atomic Design & Consulting | 407 | 1.6% | MTM |
9.02 | Carmel | N | Simplexity Marketing Group | 724 | 2.4% | MTM | Arland Communications | 702 | 2.4% | MTM | Guardian Angel Hospice | 673 | 2.3% | MTM |
9.03 | Fishers II | N | Dunlap Gill Wealth Management Group | 1,250 | 5.1% | MTM | IN Chiropractic & Wellness | 560 | 2.3% | MTM | Clearlight Electronics, LLC | 530 | 2.1% | MTM |
9.04 | Greenwood | N | Einterz Law | 688 | 2.8% | MTM | The Driving Academy | 566 | 2.3% | MTM | Taylor Ryan Creations Salon | 440 | 1.8% | MTM |
9.05 | Fishers I | N | A Michael | 567 | 3.4% | MTM | Massillamany and Jeter, LLC | 479 | 2.9% | MTM | Malkoff-Hughes/ Clarity | 409 | 2.5% | MTM |
9.06 | Plainfield | N | Financial Solutions Group, Corp. | 716 | 3.1% | MTM | Secure Today Financial | 691 | 3.0% | MTM | 1st Choice Service, Inc. | 558 | 2.4% | MTM |
9.07 | Noblesville I | N | Honeycomb Hair Salon | 558 | 6.9% | MTM | Bankruptcy Law Office of Jon Brown | 436 | 5.4% | MTM | Vigilant Biosciences | 401 | 5.0% | MTM |
9.08 | Noblesville II | N | United Chiropractic | 3,300 | 26.2% | MTM | Fight For Small | 2,100 | 16.7% | MTM | Revive, LLC | 2,100 | 16.7% | MTM |
10 | Sixty Soho | N | ||||||||||||
11 | Hyatt House Philadelphia/King of Prussia | N | ||||||||||||
12 | Crate & Barrel | N | Crate & Barrel | 167,843 | 100.0% | 11/30/2025 | ||||||||
13 | Peachtree Mall | N | Macy’s | 139,219 | 26.0% | 9/1/2022 | JC Penney | 82,320 | 15.4% | 11/30/2019 | Peachtree 8 | 25,439 | 4.7% | 12/31/2018 |
14 | Fairmont Parkway | N | IT’Z | 60,000 | 34.0% | 4/30/2022 | 24 Hour Fitness | 40,304 | 22.8% | 12/31/2021 | Goodwill | 19,165 | 10.8% | 3/31/2021 |
15 | Hilton Head Village | N | Marshall’s | 30,000 | 27.0% | 1/31/2021 | Bed Bath & Beyond | 24,710 | 22.3% | 1/31/2021 | Old Navy | 17,332 | 15.6% | 9/30/2021 |
16 | 24 Hour Fitness - Pleasanton | N | 24 Hour Fitness USA, Inc. | 56,206 | 100.0% | 12/31/2031 | ||||||||
17 | Sterling Jewelers Corporate Headquarters FES | N | Sterling Jewelers, Inc. | 85,686 | 100.0% | 1/31/2048 | ||||||||
18 | Hilton Garden Inn - Memphis Southaven | N | ||||||||||||
19 | White Marsh Portfolio | N | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various |
19.01 | White Marsh Professional Center | N | David B. K. Golden, M.D., F.A.C.P. and Jonathan Matz, M.D. | 4,758 | 5.9% | 9/30/2017 | NRT Mid-Atlantic, LLC Coldwell Banker Residential | 4,031 | 5.0% | 7/31/2020 | Eastern Regional Insurance, LLC | 3,737 | 4.7% | 11/30/2018 |
19.02 | Ridgely’s Choice | N | Madison Square Federal Savings Bank | 6,317 | 15.2% | 8/31/2021 | Greater Baltimore Medical Center, Inc. t/a Greater Baltimore Medical Associates | 6,277 | 15.1% | 2/28/2019 | MedStar Urgent Care, LLC | 3,648 | 8.8% | 6/30/2023 |
20 | At Home Portfolio | N | At Home Holdings III, Inc. | 534,881 | 100.0% | 9/30/2030 | ||||||||
20.01 | 15065 Creosote Road | N | At Home Holdings III, Inc. | 115,574 | 100.0% | 9/30/2030 | ||||||||
20.02 | 2650 West Interstate 20 | N | At Home Holdings III, Inc. | 109,415 | 100.0% | 9/30/2030 | ||||||||
20.03 | 1600 West Kelly Avenue | N | At Home Holdings III, Inc. | 108,400 | 100.0% | 9/30/2030 | ||||||||
20.04 | 2244 South Reynolds Road | N | At Home Holdings III, Inc. | 111,763 | 100.0% | 9/30/2030 | ||||||||
20.05 | 642 South Walnut Avenue | N | At Home Holdings III, Inc. | 89,729 | 100.0% | 9/30/2030 | ||||||||
21 | 53 Mercer Street | N | Dolce Vita Footwear Inc. | 8,785 | 100.0% | 7/31/2021 | ||||||||
22 | HI Overland Park | N | ||||||||||||
23 | Palm Terrace | N | ||||||||||||
24 | Wind Gap Plaza | N | Giant Food Stores Inc | 51,400 | 53.4% | 3/31/2020 | Dollar Tree | 9,260 | 9.6% | 3/31/2021 | Advance Auto Parts | 8,050 | 8.4% | 1/31/2021 |
25 | Hampton Inn Exton | N | ||||||||||||
26 | Plaza On Main | N | Immunotek Bio Centers, LLC | 16,989 | 18.2% | 10/31/2030 | Furniture Liquidators USA | 16,947 | 18.1% | 5/31/2021 | Moran Foods, Inc dba Save A Lot | 16,528 | 17.7% | 3/31/2020 |
27 | Dalton Avenue Plaza | N | Wakefern/Price Rite | 33,369 | 30.7% | 2/28/2021 | BBE | 30,000 | 27.6% | 12/31/2020 | Jo-Ann’s | 11,714 | 10.8% | 1/31/2022 |
28 | Campbell Gardens | N | ||||||||||||
29 | Bay Pointe | N | ||||||||||||
30 | The Crest Apartments | N | ||||||||||||
31 | Fairfield Inn Avon | N | ||||||||||||
32 | Foothill Plaza | N | Ridley’s Family Market, Inc. | 41,460 | 36.3% | 8/31/2033 | PNS Stores, Inc | 37,682 | 33.0% | 1/31/2021 | Sizzling Platter, LLC | 5,798 | 5.1% | 7/15/2023 |
33 | Milford Landing Shopping Center | N | Staples | 14,605 | 33.0% | 2/28/2021 | Sleepy’s | 6,500 | 14.7% | 2/28/2020 | Smoker’s Choice | 5,000 | 11.3% | 9/30/2020 |
34 | Markets At Mesa Ridge | Y | Ent Federal Credit Union | 3,847 | 13.1% | 5/31/2021 | SPEC OPS Liquor LLC | 3,600 | 12.2% | 9/10/2022 | Birdie, Inc., a Colorado Corp | 2,700 | 9.2% | 5/31/2018 |
35 | 313-315 W Muhammad Ali Boulevard | N | JCAO - Child Services Division | 49,300 | 100.0% | 12/31/2023 | ||||||||
36 | Holiday Inn Express & Suites Emporia | N | ||||||||||||
37 | Country Inn and Suites Savannah Airport | N | ||||||||||||
38 | Maple Wayview Apartments | N | ||||||||||||
39 | Holiday Inn Express - Yulee | N | ||||||||||||
40 | Casa Meadows | N | ||||||||||||
41 | Park West Office | N | Cape Henry Engineering | 29,932 | 44.8% | 6/30/2020 | Movement Mortgage | 11,661 | 17.4% | 11/30/2017 | Leidos, Inc. | 10,062 | 15.0% | 5/31/2018 |
42 | Watkinsville Self Storage | N | ||||||||||||
42.01 | 67 Greensboro Highway | N | ||||||||||||
42.02 | 36 Arnoldsville Road | N | ||||||||||||
43 | Brookhaven Plaza | N | Dollar Tree | 8,050 | 23.6% | 1/31/2020 | Shoe Show | 7,508 | 22.0% | 11/30/2020 | Rue 21 | 5,000 | 14.7% | 1/31/2021 |
44 | Studio Pointe | N | ||||||||||||
45 | Rose Pointe | N | ||||||||||||
46 | Synchrony Financial Expansion - 975 Keller Rd. | N | Synchrony | 25,080 | 100.0% | 1/31/2026 | ||||||||
47 | DuVal Enterprises Building | N | N Y Wine Warehouse | 11,202 | 20.0% | 1/31/2021 | Plants Goodbye | 6,937 | 12.4% | 12/31/2026 | Manna | 6,289 | 11.2% | 1/31/2019 |
48 | Walgreens - Reedsburg | N | Walgreens | 14,820 | 100.0% | 2/28/2081 | ||||||||
49 | Shops at Walmart | N | Wells Fargo Bank | 3,727 | 48.5% | 9/30/2021 | El Pollo Loco, Inc | 2,670 | 34.8% | 3/31/2026 | Red Persimmon Salon | 1,286 | 16.7% | 8/31/2021 |
50 | Suwanee Point | N | Tanners | 4,800 | 27.4% | 5/31/2021 | Sunshine China | 1,550 | 8.8% | 11/30/2018 | Chiropractic | 1,550 | 8.8% | 12/31/2018 |
ANNEX A-1 – CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | 4th Largest Tenant Name | 4th Largest Tenant Sq. Ft. | 4th Largest Tenant % of NRA | 4th Largest Tenant Exp. Date | 5th Largest Tenant Name | 5th Largest Tenant Sq. Ft. | 5th Largest Tenant % of NRA | 5th Largest Tenant Exp. Date | Engineering Report Date | Environmental Report Date (Phase I) | Environmental Report Date (Phase II) | Seismic Report Date | Seismic PML % | Seismic Insurance Required (Y/N) | Terrorism Insurance (Y/N) |
1 | QLIC | 12/20/2015 | 9/12/2016 | N | Y | |||||||||||
2 | Novo Nordisk | 8/10/2016 | 8/18/2016 | N | Y | |||||||||||
3 | Rentar Plaza | Kmart | 146,821 | 9.4% | 01/31/2019 | City of New York- DOT | 120,000 | 7.7% | 09/30/2018 | 6/19/2016 | 7/19/2016 | N | Y | |||
4 | 909 Poydras | First Bank and Trust | 30,417 | 5.6% | 03/31/2026 | Barrasso, Usdin, Kupperman, Freeman & Sarver LLC | 28,592 | 5.2% | 12/31/2019 | 8/1/2016 | 8/1/2016 | N | Y | |||
5 | The Falls | The Fresh Market | 21,720 | 2.6% | 8/31/2022 | American Girl | 15,840 | 1.9% | 2/28/2023 | 7/22/2016 | 7/22/2016 | N | Y | |||
6 | Cassa Times Square Mixed-Use | 2/29/2016 | 2/29/2016 | N | Y | |||||||||||
7 | Plaza Mexico – Los Angeles | Planet Fitness | 16,361 | 4.0% | 9/30/2026 | Chuck-E-Cheese | 12,116 | 3.0% | 12/31/2018 | 3/18/2016 | 3/18/2016 | 3/18/2016 | 13.0% | N | Y | |
8 | 333 North Bedford | Saw Mill Club East | 42,693 | 7.0% | 12/31/2020 | C&C North America | 31,454 | 5.1% | 03/31/2018 | 7/21/2016 | 7/15/2016 | N | Y | |||
9 | Yeager Portfolio | Various | Various | Various | MTM | Various | Various | Various | MTM | 8/3/2016 | Various | N | Y | |||
9.01 | Frisco | Alitertech, LLC | 405 | 1.6% | MTM | Sereneco Wellness | 380 | 1.5% | MTM | 8/3/2016 | 8/2/2016 | N | Y | |||
9.02 | Carmel | 600 The Salon | 658 | 2.2% | MTM | Bliss Hair Design | 526 | 1.8% | MTM | 8/3/2016 | 7/28/2016 | N | Y | |||
9.03 | Fishers II | Administrative Strategies | 500 | 2.0% | MTM | Diamond Residential Mortgage Corp. | 499 | 2.0% | MTM | 8/3/2016 | 8/3/2016 | N | Y | |||
9.04 | Greenwood | Lee & Associates | 439 | 1.8% | MTM | Sunstone Counseling Center | 403 | 1.7% | MTM | 8/3/2016 | 8/3/2016 | N | Y | |||
9.05 | Fishers I | Wee Believers/Troparian | 378 | 2.3% | MTM | Brightstone Advisors/Jeff Sturgis | 378 | 2.3% | MTM | 8/3/2016 | 7/29/2016 | N | Y | |||
9.06 | Plainfield | Triangle Services, Inc. dba Maintech | 433 | 1.9% | MTM | Customer Service Associates, LLC | 428 | 1.9% | MTM | 8/3/2016 | 8/3/2016 | N | Y | |||
9.07 | Noblesville I | Hansen Law Firm, LLC | 398 | 4.9% | MTM | Harper Global | 367 | 4.5% | MTM | 8/3/2016 | 7/26/2016 | N | Y | |||
9.08 | Noblesville II | First Community Mortgage | 2,100 | 16.7% | MTM | Rivers Edge Family Natural Health | 2,100 | 16.7% | MTM | 8/3/2016 | 7/28/2016 | N | Y | |||
10 | Sixty Soho | 7/14/2016 | 7/13/2016 | N | Y | |||||||||||
11 | Hyatt House Philadelphia/King of Prussia | 5/13/2016 | 5/13/2016 | N | Y | |||||||||||
12 | Crate & Barrel | 11/11/2015 | 11/12/2015 | N | Y | |||||||||||
13 | Peachtree Mall | H&M | 21,210 | 4.0% | 1/31/2026 | Encore | 13,159 | 2.5% | 7/31/2025 | 10/15/2015 | 10/16/2015 | N | Y | |||
14 | Fairmont Parkway | 3K Sports | 15,484 | 8.8% | 1/31/2017 | Regency Beauty Institute | 6,000 | 3.4% | 2/28/2018 | 9/9/2016 | 9/8/2016 | N | Y | |||
15 | Hilton Head Village | Ulta | 9,000 | 8.1% | 10/31/2022 | Palmetto Moon | 8,000 | 7.2% | 11/14/2017 | 3/14/2016 | 3/15/2016 | N | Y | |||
16 | 24 Hour Fitness - Pleasanton | 8/3/2016 | 8/3/2016 | 8/3/2016 | 14.0% | N | Y | |||||||||
17 | Sterling Jewelers Corporate Headquarters FES | 8/30/2016 | 8/25/2016 | N | Y | |||||||||||
18 | Hilton Garden Inn - Memphis Southaven | 2/2/2016 | 1/29/2016 | 1/29/2016 | 6.0% | N | Y | |||||||||
19 | White Marsh Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | 7/18/2016 | 7/18/2016 | N | Y | |||
19.01 | White Marsh Professional Center | Your Health Network Inc. | 3,556 | 4.4% | 10/31/2023 | Stearns Lending LLC | 3,545 | 4.4% | 5/31/2019 | 7/18/2016 | 7/18/2016 | N | Y | |||
19.02 | Ridgely’s Choice | Steamship Trade Association of Baltimore, Inc. | 3,210 | 7.7% | 7/31/2021 | Deltex Management, LLC | 2,340 | 5.6% | 7/31/2018 | 7/18/2016 | 7/18/2016 | N | Y | |||
20 | At Home Portfolio | 8/19/2015 | Various | N | Y | |||||||||||
20.01 | 15065 Creosote Road | 8/19/2015 | 8/19/2015 | N | Y | |||||||||||
20.02 | 2650 West Interstate 20 | 8/19/2015 | 8/19/2015 | N | Y | |||||||||||
20.03 | 1600 West Kelly Avenue | 8/19/2015 | 8/17/2015 | N | Y | |||||||||||
20.04 | 2244 South Reynolds Road | 8/19/2015 | 8/19/2015 | N | Y | |||||||||||
20.05 | 642 South Walnut Avenue | 8/19/2015 | 8/19/2015 | N | Y | |||||||||||
21 | 53 Mercer Street | 7/13/2016 | 7/5/2016 | N | Y | |||||||||||
22 | HI Overland Park | 8/11/2016 | 8/10/2016 | N | Y | |||||||||||
23 | Palm Terrace | 6/22/2016 | 6/22/2016 | 6/23/2016 | 17.0% | N | Y | |||||||||
24 | Wind Gap Plaza | Rent-A-Center Store | 5,360 | 5.6% | 4/30/2017 | Wine & Spirits | 3,000 | 3.1% | 6/30/2023 | 7/8/2016 | 7/8/2016 | N | Y | |||
25 | Hampton Inn Exton | 6/3/2016 | 6/2/2016 | N | Y | |||||||||||
26 | Plaza On Main | Family Dollar Stores of Florida, Inc. | 9,100 | 9.7% | 12/31/2021 | Worry Free Rentals, DBA Own It Now | 6,850 | 7.3% | 2/28/2022 | 6/13/2016 | 6/10/2016 | N | Y | |||
27 | Dalton Avenue Plaza | Goodwill | 8,150 | 7.5% | 7/31/2017 | Benson’s Pet Center | 7,820 | 7.2% | 8/31/2018 | 6/29/2016 | 6/29/2016 | N | Y | |||
28 | Campbell Gardens | 6/10/2016 | 6/10/2016 | N | Y | |||||||||||
29 | Bay Pointe | 6/22/2016 | 6/22/2016 | 6/22/2016 | 10.0% | N | Y | |||||||||
30 | The Crest Apartments | 6/22/2016 | 6/22/2016 | 6/22/2016 | 19.0% | N | Y | |||||||||
31 | Fairfield Inn Avon | 4/21/2016 | 4/21/2016 | N | Y | |||||||||||
32 | Foothill Plaza | Alameda Pet Hospital | 4,360 | 3.8% | 11/30/2018 | Chang’s Garden Restaurant | 3,000 | 2.6% | 8/31/2020 | 7/14/2016 | 7/18/2016 | 7/18/2016 | 6.0% | N | Y | |
33 | Milford Landing Shopping Center | Sherwin Williams | 4,041 | 9.1% | 5/31/2021 | Olympia Sports | 3,924 | 8.9% | 1/31/2018 | 6/30/2016 | 6/30/2016 | N | Y | |||
34 | Markets At Mesa Ridge | Dragon King LLC | 2,356 | 8.0% | 12/31/2019 | Fountain TaeKwonDo Academy | 2,160 | 7.3% | 10/31/2021 | 3/10/2016 | 5/12/2016 | N | Y | |||
35 | 313-315 W Muhammad Ali Boulevard | 3/3/2016 | 3/4/2016 | N | Y | |||||||||||
36 | Holiday Inn Express & Suites Emporia | 8/1/2016 | 8/1/2016 | N | Y | |||||||||||
37 | Country Inn and Suites Savannah Airport | 3/29/2016 | 3/29/2016 | N | Y | |||||||||||
38 | Maple Wayview Apartments | 6/30/2016 | 7/1/2016 | N | Y | |||||||||||
39 | Holiday Inn Express - Yulee | 6/17/2016 | 6/17/2016 | N | Y | |||||||||||
40 | Casa Meadows | 6/22/2016 | 6/22/2016 | 6/22/2016 | 17.0% | N | Y | |||||||||
41 | Park West Office | Legal Benefits, Inc. | 8,360 | 12.5% | 4/30/2020 | Guaranteed Rate, Inc. | 2,835 | 4.2% | 6/30/2019 | 7/13/2016 | 7/13/2016 | N | Y | |||
42 | Watkinsville Self Storage | Various | Various | N | Y | |||||||||||
42.01 | 67 Greensboro Highway | 6/3/2016 | 6/3/2016 | N | Y | |||||||||||
42.02 | 36 Arnoldsville Road | 6/16/2016 | 6/15/2016 | N | Y | |||||||||||
43 | Brookhaven Plaza | Enliven | 2,293 | 6.7% | 5/31/2021 | AT & T Wireless | 1,600 | 4.7% | 3/3/2017 | 7/27/2016 | 7/25/2016 | N | Y | |||
44 | Studio Pointe | 6/22/2016 | 6/22/2016 | 6/22/2016 | 13.0% | N | Y | |||||||||
45 | Rose Pointe | 6/22/2016 | 6/22/2016 | 6/22/2016 | 13.0% | N | Y | |||||||||
46 | Synchrony Financial Expansion - 975 Keller Rd. | 7/15/2016 | 7/15/2016 | N | Y | |||||||||||
47 | DuVal Enterprises Building | Plant Specialists,LLC | 5,780 | 10.3% | Multiple Leases -- 2,379 expiring square feet 6/30/2025; 3,401 square feet expiring 7/31/2025 | Foundry | 4,048 | 7.2% | 12/31/2026 | 6/28/2016 | 7/6/2016 | N | Y | |||
48 | Walgreens - Reedsburg | 6/26/2016 | 7/26/2016 | N | N | |||||||||||
49 | Shops at Walmart | 7/29/2016 | N | Y | ||||||||||||
50 | Suwanee Point | Subway | 1,520 | 8.7% | 3/31/2022 | Dry Cleaners | 1,480 | 8.4% | 12/31/2018 | 8/16/2016 | 8/5/2016 | N | Y | |||
ANNEX A-1 – CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Loan Purpose | Engineering Escrow / Deferred Maintenance ($) | Tax Escrow (Initial) | Monthly Tax Escrow ($) | Tax Escrow - Cash or LoC | Tax Escrow - LoC Counterparty | Insurance Escrow (Initial) | Monthly Insurance Escrow ($) | Insurance Escrow - Cash or LoC | Insurance Escrow - LoC Counterparty | Upfront Replacement Reserve ($) | Monthly Replacement Reserve ($) | Replacement Reserve Cap ($) | Replacement Reserve Escrow - Cash or LoC | Replacement Reserve Escrow - LoC Counterparty | Upfront TI/LC Reserve ($) |
1 | QLIC | Refinance | 8,023,541 | 9,870 | 9,870 | Cash | 0 | Springing | 0 | 7,017 | 0 | Cash | 0 | ||||
2 | Novo Nordisk | Acquisition | 0 | 931,323 | 465,662 | Cash | 39,186 | 19,593 | Cash | 0 | 3,656 | 0 | Cash | 0 | |||
3 | Rentar Plaza | Refinance | 0 | 1,311,902 | 437,301 | Cash | 230,316 | Springing | Cash | 0 | 13,060 | 0 | Cash | 0 | |||
4 | 909 Poydras | Refinance | 0 | 661,595 | 73,511 | Cash | 205,370 | 41,074 | Cash | 1,428,000 | 6,814 | 0 | Cash | 2,000,000 | |||
5 | The Falls | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | Springing | 335,803 | 0 | ||||||
6 | Cassa Times Square Mixed-Use | Refinance | 0 | 314,664 | 78,666 | Cash | 55,834 | 5,583 | Cash | 0 | Replacement Reserve: Monthly: $264.58; FF&E Reserve: Monthly: greater of (i) one-twelfth of (x) with respect to the first twelve (12) Payment Dates, two percent (2%), (y) with respect to the thirteen (13th) through twenty-fourth (24th) Payments Dates, three percent (3%), and (z) with respect to the twenty-fifth (25th) Payment Date and each Payment Date thereafter, four percent (4%), of the greater of (A) the Rents generated by the Hotel Condominium Unit during the twelve (12) month period ending on the last day of the most recent calendar quarter for which Borrower has furnished financial statements pursuant to loan agreement and (B) the Rents projected for the Hotel Condominium Unit in the then-effective approved Annual Budget for the twelve (12) month period to which such Annual Budget relates; provided, however, in the event that the Annual Budget has not been approved by Lender under loan agreement for the applicable period in which such Payment Date occurs and/or Borrower has failed to timely deliver the financial statements required pursuant to loan agreement, Lender shall determine the amount of Rents in its reasonable discretion, and (ii) the amount, if any, required to be reserved under the Management Agreement for FF&E Work | 0 | Cash | 500,000 | |||
7 | Plaza Mexico – Los Angeles | Refinance | 50,500 | 289,261 | 57,852 | Cash | 53,346 | 8,891 | Cash | 0 | 5,051 | 0 | Cash | 0 | |||
8 | 333 North Bedford | Refinance | 860,966 | 15,703 | 120,633 | Cash | 127,612 | 10,634 | Cash | 0 | 5,100 | 0 | Cash | 1,500,000 | |||
9 | Yeager Portfolio | Refinance | 40,103 | 81,166 | 40,583 | Cash | 25,388 | 4,231 | Cash | 0 | 2,997 | 0 | Cash | 0 | |||
9.01 | Frisco | ||||||||||||||||
9.02 | Carmel | ||||||||||||||||
9.03 | Fishers II | ||||||||||||||||
9.04 | Greenwood | ||||||||||||||||
9.05 | Fishers I | ||||||||||||||||
9.06 | Plainfield | ||||||||||||||||
9.07 | Noblesville I | ||||||||||||||||
9.08 | Noblesville II | ||||||||||||||||
10 | Sixty Soho | Refinance | 20,038 | 274,110 | 137,055 | Cash | 74,414 | 12,402 | Cash | 0 | Springing | 0 | 0 | ||||
11 | Hyatt House Philadelphia/King of Prussia | Refinance | 0 | 315,226 | 30,733 | Cash | 0 | Springing | 0 | 23,937; Springing | 0 | Cash | 0 | ||||
12 | Crate & Barrel | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | ||||||
13 | Peachtree Mall | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | ||||||
14 | Fairmont Parkway | Acquisition | 0 | 430,000 | 43,000 | Cash | 16,384 | 8,192 | Cash | 2,111 | 2,111 | 75,987 | Cash | 9,850 | |||
15 | Hilton Head Village | Refinance | 0 | 84,561 | 14,094 | Cash | 11,415 | 2,210 | Cash | 0 | 1,851 | On or after January 6, 2023: $88,832. | Cash | 150,000 | |||
16 | 24 Hour Fitness - Pleasanton | Refinance | 17,013 | 0 | Springing | 4,070 | 2,035 | Cash | 0 | 703 | 16,862 | Cash | 0 | ||||
17 | Sterling Jewelers Corporate Headquarters FES | Refinance | 0 | 104,406 | Springing | Cash | 2,785 | Springing | Cash | 0 | 1,428 | 0 | Cash | 0 | |||
18 | Hilton Garden Inn - Memphis Southaven | Refinance | 6,250 | 99,731 | 9,409 | Cash | 16,383 | 4,551 | Cash | 0 | Springing | 0 | 0 | ||||
19 | White Marsh Portfolio | Acquisition | 146,250 | 59,597 | 16,555 | Cash | 7,425 | 2,856 | Cash | 0 | 2,533 | 0 | Cash | 75,000 | |||
19.01 | White Marsh Professional Center | ||||||||||||||||
19.02 | Ridgely’s Choice | ||||||||||||||||
20 | At Home Portfolio | Acquisition | 0 | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | ||||||
20.01 | 15065 Creosote Road | ||||||||||||||||
20.02 | 2650 West Interstate 20 | ||||||||||||||||
20.03 | 1600 West Kelly Avenue | ||||||||||||||||
20.04 | 2244 South Reynolds Road | ||||||||||||||||
20.05 | 642 South Walnut Avenue | ||||||||||||||||
21 | 53 Mercer Street | Refinance | 1,750 | 23,909 | Springing | Cash | 2,524 | 2,524 | Cash | 0 | 0 | 0 | 313,500 | ||||
22 | HI Overland Park | Refinance | 104,375 | 93,634 | 15,606 | Cash | 7,235 | Springing | Cash | 0 | 18,885 | 0 | Cash | 0 | |||
23 | Palm Terrace | Refinance | 0 | 32,133 | 4,017 | Cash | 3,374 | 1,687 | Cash | 0 | 2,000 | 0 | Cash | 0 | |||
24 | Wind Gap Plaza | Refinance | 0 | 31,288 | 15,644 | Cash | 8,393 | 1,679 | Cash | 0 | 1,203 | 50,000 | Cash | 0 | |||
25 | Hampton Inn Exton | Refinance | 56,541 | 11,989 | 11,989 | Cash | 9,742 | 2,435 | Cash | 0 | Springing | 0 | Cash | 0 | |||
26 | Plaza On Main | Refinance | 0 | 45,407 | 5,045 | Cash | 20,768 | 3,461 | Cash | 0 | 1,167 | 0 | Cash | 200,000 | |||
27 | Dalton Avenue Plaza | Refinance | 0 | 22,609 | 14,131 | Cash | 6,439 | 4,024 | Cash | 0 | 1,357 | 0 | Cash | 0 | |||
28 | Campbell Gardens | Acquisition | 82,556 | 45,769 | 5,085 | Cash | 22,095 | 2,455 | Cash | 0 | 2,310 | 0 | Cash | 0 | |||
29 | Bay Pointe | Refinance | 5,156 | 38,688 | 4,836 | Cash | 1,323 | 661 | Cash | 0 | 1,542 | 0 | Cash | 0 | |||
30 | The Crest Apartments | Refinance | 0 | 20,695 | 2,587 | Cash | 1,537 | 768 | Cash | 0 | 1,144 | 0 | Cash | 0 | |||
31 | Fairfield Inn Avon | Acquisition | 0 | 13,847 | 6,923 | Cash | 5,437 | 2,719 | Cash | 0 | 4.0% of the prior month’s gross rent | 0 | Cash | 0 | |||
32 | Foothill Plaza | Refinance | 216,919 | 49,681 | 13,800 | Cash | 0 | 1,404 | Cash | 0 | 1,918 | 0 | Cash | 50,000 | |||
33 | Milford Landing Shopping Center | Refinance | 0 | 49,471 | 7,611 | Cash | 2,500 | 833 | Cash | 0 | 553 | 50,000 | Cash | 0 | |||
34 | Markets At Mesa Ridge | Acquisition | 0 | 35,000 | 7,000 | Cash | 3,741 | 1,247 | Cash | 75,000 | 490 | 0 | Cash | 375,000 | |||
35 | 313-315 W Muhammad Ali Boulevard | Refinance | 12,500 | 0 | 373; Springing | Cash | 1,815 | 698 | Cash | 20,203 | 2,886 | 0 | Cash | 0 | |||
36 | Holiday Inn Express & Suites Emporia | Refinance | 0 | 30,359 | 3,795 | Cash | 9,042 | 1,292 | Cash | 0 | 6,388 | 0 | Cash | 0 | |||
37 | Country Inn and Suites Savannah Airport | Refinance | 6,688 | 62,411 | 9,022 | Cash | 14,080 | 2,816 | Cash | 0 | The greater of (i) 1/12 of 4.0% of prior year’s gross revenues or (ii) the amount of any deposit for capital reserves that is required under the Franchise Agreement for the month in which such Payment Date occurs | 0 | Cash | 0 | |||
38 | Maple Wayview Apartments | Acquisition | 45,161 | 17,150 | 8,575 | Cash | 7,987 | 2,662 | Cash | 125,000 | 2,292 | 0 | 0 | ||||
39 | Holiday Inn Express - Yulee | Refinance | 0 | 35,105 | 3,312 | Cash | 29,958 | 1,911 | Cash | 0 | 2,881 | 0 | Cash | 0 | |||
40 | Casa Meadows | Refinance | 4,938 | 15,156 | 1,895 | Cash | 1,740 | 870 | Cash | 0 | 1,021 | 0 | Cash | 0 | |||
41 | Park West Office | Refinance | 0 | 13,129 | 4,249 | Cash | 1,528 | 1,528 | Cash | 0 | 1,826 | 0 | Cash | 100,000 | |||
42 | Watkinsville Self Storage | Refinance & Acquisition | 56,625 | 24,957 | 2,773 | Cash | 3,972 | 854 | Cash | 0 | 1,518 | 0 | Cash | 0 | |||
42.01 | 67 Greensboro Highway | ||||||||||||||||
42.02 | 36 Arnoldsville Road | ||||||||||||||||
43 | Brookhaven Plaza | Refinance | 4,250 | 29,848 | 3,109 | Cash | 6,542 | 681 | Cash | 0 | 1,419 | 0 | Cash | 200,000 | |||
44 | Studio Pointe | Refinance | 15,750 | 19,626 | 2,453 | Cash | 1,577 | 789 | Cash | 0 | 875 | 0 | Cash | 0 | |||
45 | Rose Pointe | Refinance | 1,875 | 17,726 | 2,216 | Cash | 1,556 | 778 | Cash | 0 | 1,105 | 0 | Cash | 0 | |||
46 | Synchrony Financial Expansion - 975 Keller Rd. | Acquisition | 0 | 44,030 | 4,154 | Cash | 7,749 | 1,174 | Cash | 0 | 314 | 0 | Cash | 0 | |||
47 | DuVal Enterprises Building | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | ||||||
48 | Walgreens - Reedsburg | Refinance | 0 | 0 | Springing | 123 | 41 | Cash | 0 | Springing | 0 | 0 | |||||
49 | Shops at Walmart | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | 205 | 7,380 | Cash | 0 | |||||
50 | Suwanee Point | Refinance | 0 | 2,132 | 2,132 | Cash | 557 | 279 | Cash | 0 | 465 | 45,000 | Cash | 0 | |||
ANNEX A-1 – CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Monthly TI/LC Reserve ($) | TI/LC Reserve Cap ($) | TI/LC Escrow - Cash or LoC | TI/LC Escrow - LoC Counterparty | Debt Service Escrow (Initial) ($) | Debt Service Escrow (Monthly) ($) | Debt Service Escrow - Cash or LoC | Debt Service Escrow - LoC Counterparty | Other Escrow I Reserve Description | Other Escrow I (Initial) ($) | Other Escrow I (Monthly) ($) | Other Escrow I Cap ($) | Other Escrow I Escrow - Cash or LoC | Other Escrow I - LoC Counterparty | Other Escrow II Reserve Description | Other Escrow II (Initial) ($) | Other Escrow II (Monthly) ($) |
1 | QLIC | 0 | 0 | 0 | 0 | Shortfall Reserve | 2,100,000 | 0 | 1,000,000 | Cash | 0 | 0 | ||||||
2 | Novo Nordisk | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
3 | Rentar Plaza | 32,650 | 0 | Cash | 0 | 0 | Primary Tenant Reserve | 0 | Springing | 0 | 0 | 0 | ||||||
4 | 909 Poydras | Springing | 0 | Cash | 0 | 0 | Initial TI/LC Reserve | 4,820,339 | 0 | 0 | Cash | Free Rent Reserve | 1,182,407 | 0 | ||||
5 | The Falls | Springing | 2,098,768 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
6 | Cassa Times Square Mixed-Use | 965 | 0 | Cash | 0 | 0 | Rent Abatement Reserve | 249,000 | 0 | 0 | Cash | Buildout Reserve | 33,115 | 0 | ||||
7 | Plaza Mexico – Los Angeles | 33,672; Springing | 1,212,192 | Cash | 0 | 0 | Free Rent Reserve | 744,439 | 0 | 0 | Cash | Planet Fitness TI/LC Reserve; Food 4 Less CAM Reserve; La Curacao CAM Reserve; Litigation Reserve; Proposed Construction Reserve; Earthquake Insurance Reserve | Planet Fitness TI/LC Reserve: Upfront: $611,612.63; Food 4 Less CAM Reserve: Upfront: $88,068.18 ; La Curacao CAM Reserve: Upfront: $50,000; Litigation Reserve: Upfront: $56,250; Proposed Construction Reserve: Upfront: $69,998.75; Earthquake Insurance Reserve: Upfront: $150,000 | 0 | ||||
8 | 333 North Bedford | Springing | 1,500,000 | Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
9 | Yeager Portfolio | 11,988 | 400,000 | Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
9.01 | Frisco | |||||||||||||||||
9.02 | Carmel | |||||||||||||||||
9.03 | Fishers II | |||||||||||||||||
9.04 | Greenwood | |||||||||||||||||
9.05 | Fishers I | |||||||||||||||||
9.06 | Plainfield | |||||||||||||||||
9.07 | Noblesville I | |||||||||||||||||
9.08 | Noblesville II | |||||||||||||||||
10 | Sixty Soho | 0 | 0 | 0 | 0 | Restaurant TI/LC Reserve | 500,000 | 0 | 0 | Cash | Free Rent Reserve; Basement Lease Reserve | Free Rent Reserve: Upfront: $30,000; Basement Lease Reserve: Upfront: $7,500 | Springing | |||||
11 | Hyatt House Philadelphia/King of Prussia | 0 | 0 | 0 | 0 | Seasonality Reserve | 0 | Springing | 0 | 0 | 0 | |||||||
12 | Crate & Barrel | 0 | 0 | 0 | 0 | Ground Lease Rents | 0 | Springing | 0 | 0 | 0 | |||||||
13 | Peachtree Mall | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
14 | Fairmont Parkway | 9,850 | 450,000 | Cash | 0 | 0 | Operating Expense Funds | 0 | Springing | 0 | 0 | 0 | ||||||
15 | Hilton Head Village | 9,254 | By September 6, 2020, Borrower is required to ensure that the combined balance of the TI/LC Reserve and the Special Rollover Reserve is no less than $650,000 (cash or letter of credit). On or after November 6, 2022, to the extent there are no outstanding TILCs and no default, deposits to the TI/LC Reserve are capped at $277,605. | Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
16 | 24 Hour Fitness - Pleasanton | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
17 | Sterling Jewelers Corporate Headquarters FES | 7,141 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
18 | Hilton Garden Inn - Memphis Southaven | 0 | 0 | 0 | 0 | PIP Reserve Funds | 1,000,000 | 0 | 0 | Cash | 0 | 0 | ||||||
19 | White Marsh Portfolio | 15,200 | 0 | Cash | 0 | 0 | Achievement Reserve Funds | 245,000 | 0 | 0 | Cash | Unfunded Tenant Obligations Reserve Funds | 31,711 | 0 | ||||
19.01 | White Marsh Professional Center | |||||||||||||||||
19.02 | Ridgely’s Choice | |||||||||||||||||
20 | At Home Portfolio | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
20.01 | 15065 Creosote Road | |||||||||||||||||
20.02 | 2650 West Interstate 20 | |||||||||||||||||
20.03 | 1600 West Kelly Avenue | |||||||||||||||||
20.04 | 2244 South Reynolds Road | |||||||||||||||||
20.05 | 642 South Walnut Avenue | |||||||||||||||||
21 | 53 Mercer Street | 0 | 0 | Cash | 0 | 0 | Cash Collateral Reserve | 450,000 | 0 | 0 | Cash | 0 | 0 | |||||
22 | HI Overland Park | 0 | 0 | 0 | 0 | PIP Reserve | 0 | Springing | 0 | Seasonality Reserve | 208,000 | Springing | ||||||
23 | Palm Terrace | 0 | 0 | 0 | 0 | Retrofit Reserve | 129,490 | 0 | 0 | Cash | 0 | 0 | ||||||
24 | Wind Gap Plaza | 8,019 | 250,000 | Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
25 | Hampton Inn Exton | 0 | 0 | 0 | 0 | Seasonality Reserve | 97,000 | Springing | 0 | Cash | PIP Reserve | 2,999,790 | 0 | |||||
26 | Plaza On Main | 7,783 | 200,000 | Cash | 0 | 0 | Rent-A-Center Reserve | 200,000 | 0 | 0 | 0 | 0 | ||||||
27 | Dalton Avenue Plaza | 4,070 | 350,000 | Cash | 0 | 0 | Unfunded Obligations Funds | 5,000 | 0 | 0 | Cash | 0 | 0 | |||||
28 | Campbell Gardens | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
29 | Bay Pointe | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
30 | The Crest Apartments | 0 | 0 | 0 | 0 | Retrofit Reserve | 212,980 | 0 | 0 | Cash | 0 | 0 | ||||||
31 | Fairfield Inn Avon | 0 | 0 | 0 | 0 | PIP Reserve | 590,425 | 0 | 0 | Cash | Seasonal Reserve | 55,000 | Monthly: $5,000 on each payment date in the month of May of each year; Monthly: $10,000 on each payment date in the month of June and July of each year; Monthly: $15,000 on each payment date in the month of August and September; Monthly: $10,000 on each payment date in the month of October; Monthly: $5,000 on each payment date in the month of November | |||||
32 | Foothill Plaza | 4,795 | 258,955 | Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
33 | Milford Landing Shopping Center | 3,685 | 150,000 | Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
34 | Markets At Mesa Ridge | 1,839 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
35 | 313-315 W Muhammad Ali Boulevard | 5,135 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
36 | Holiday Inn Express & Suites Emporia | 0 | 0 | 0 | 0 | PIP Reserve | 0 | Springing | 0 | 0 | 0 | |||||||
37 | Country Inn and Suites Savannah Airport | 0 | 0 | 0 | 0 | Seasonality Reserve | 90,000 | Monthly: $15,000 on each Payment Date occuring during the period between March and August, inclusive | 0 | Cash | Ground Rent Reserve; Tax Litigation Reserve | Ground Rent Reserve: Upfront: $24,000; Tax Litigation Reserve: Upfront: $47,220.38 | 0 | |||||
38 | Maple Wayview Apartments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
39 | Holiday Inn Express - Yulee | 0 | 0 | 0 | 0 | PIP Reserve Funds | 1,008,306 | 0 | 0 | Cash | Seasonality Reserve | 60,000 | Springing | |||||
40 | Casa Meadows | 0 | 0 | 0 | 0 | Retrofit Reserve | 58,075 | 0 | 0 | Cash | 0 | 0 | ||||||
41 | Park West Office | 5,572 | 200,000 | LOC | Revere Bank | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
42 | Watkinsville Self Storage | 0 | 0 | 0 | 0 | Construction Work Reserve | 600,979 | 0 | 0 | 0 | 0 | |||||||
42.01 | 67 Greensboro Highway | |||||||||||||||||
42.02 | 36 Arnoldsville Road | |||||||||||||||||
43 | Brookhaven Plaza | 3,547 | 300,000 | Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
44 | Studio Pointe | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
45 | Rose Pointe | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
46 | Synchrony Financial Expansion - 975 Keller Rd. | 523 | 0 | Cash | 0 | 0 | Unfunded Obligations Funds | 1,439,039 | 0 | 0 | 0 | 0 | ||||||
47 | DuVal Enterprises Building | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
48 | Walgreens - Reedsburg | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
49 | Shops at Walmart | 1,389 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
50 | Suwanee Point | 1,460 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
ANNEX A-1 – CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Other Escrow II Cap ($) | Other Escrow II Escrow - Cash or LoC | Other Escrow II - LoC Counterparty | Holdback | Ownership Interest | Ground Lease Initial Expiration Date | Annual Ground Rent Payment | Annual Ground Rent Increases | Lockbox | Whole Loan Cut-off Date Balance ($) | Whole Loan Debt Service ($) | Subordinate Secured Debt Original Balance ($) | Subordinate Secured Debt Cut-off Date Balance ($) |
1 | QLIC | 0 | Fee | Soft/Springing Cash Management | 165,000,000 | 644,628 | 20,000,000 | 20,000,000 | ||||||
2 | Novo Nordisk | 0 | Fee | Hard/Upfront Cash Management | ||||||||||
3 | Rentar Plaza | 0 | Fee | Hard/Springing Cash Management | ||||||||||
4 | 909 Poydras | 0 | Cash | Fee | Hard/Upfront Cash Management | |||||||||
5 | The Falls | 0 | Fee | Hard/Springing Cash Management | ||||||||||
6 | Cassa Times Square Mixed-Use | 0 | Cash | Fee | Hard/Upfront Cash Management | |||||||||
7 | Plaza Mexico – Los Angeles | 0 | Cash | Fee | Hard/Upfront Cash Management | |||||||||
8 | 333 North Bedford | 0 | Fee | Hard/Springing Cash Management | ||||||||||
9 | Yeager Portfolio | 0 | Fee | Springing | ||||||||||
9.01 | Frisco | Fee | ||||||||||||
9.02 | Carmel | Fee | ||||||||||||
9.03 | Fishers II | Fee | ||||||||||||
9.04 | Greenwood | Fee | ||||||||||||
9.05 | Fishers I | Fee | ||||||||||||
9.06 | Plainfield | Fee | ||||||||||||
9.07 | Noblesville I | Fee | ||||||||||||
9.08 | Noblesville II | Fee | ||||||||||||
10 | Sixty Soho | 0 | Cash | Fee | Hard/Springing Cash Management | |||||||||
11 | Hyatt House Philadelphia/King of Prussia | 0 | Fee | Hard/Springing Cash Management | ||||||||||
12 | Crate & Barrel | 0 | Leasehold | 12/31/2098 | $822,495 | Adjustments at 10th, 15th and 20th Lease Years: Base Rent will be increased to an amount equal to the product of (x) the Prior Base Rent multiplied by (y) a fraction, the numerator of which is the Current CPI, and the denominator of which is the Base CPI. In no event will the Base Rent escalate more than 10% over the Prior Base Rent or be less than the Prior Base Rent. Adjustments at 26th, 51st and 76th Lease Years: multiply Fair Market Value of the Land by the Cap Rate of 9.50%. Adjustment at 27th Lease Year and Forward: Commencing with the 27th Lease Year (but excluding each subsequent Rent Adjustment Year), Base Rent will be increased per the CPI calculation above. | Hard/Springing Cash Management | 26,181,527 | 139,036 | 4,853,831 | 4,535,358 | |||
13 | Peachtree Mall | 0 | Fee | Hard/Springing Cash Management | ||||||||||
14 | Fairmont Parkway | 0 | Fee | Springing | ||||||||||
15 | Hilton Head Village | 0 | Fee | Springing | ||||||||||
16 | 24 Hour Fitness - Pleasanton | 0 | Fee | Springing | ||||||||||
17 | Sterling Jewelers Corporate Headquarters FES | 0 | Fee | Hard/Springing Cash Management | ||||||||||
18 | Hilton Garden Inn - Memphis Southaven | 0 | Fee | Springing | ||||||||||
19 | White Marsh Portfolio | 0 | Cash | Fee | �� | Hard/Upfront Cash Management | ||||||||
19.01 | White Marsh Professional Center | Fee | ||||||||||||
19.02 | Ridgely’s Choice | Fee | ||||||||||||
20 | At Home Portfolio | 0 | Fee | Hard/Upfront Cash Management | ||||||||||
20.01 | 15065 Creosote Road | Fee | ||||||||||||
20.02 | 2650 West Interstate 20 | Fee | ||||||||||||
20.03 | 1600 West Kelly Avenue | Fee | ||||||||||||
20.04 | 2244 South Reynolds Road | Fee | ||||||||||||
20.05 | 642 South Walnut Avenue | Fee | ||||||||||||
21 | 53 Mercer Street | 0 | Fee | Hard/Springing Cash Management | ||||||||||
22 | HI Overland Park | 0 | Cash | Fee | Springing | |||||||||
23 | Palm Terrace | 0 | Fee | Soft/Springing Cash Management | ||||||||||
24 | Wind Gap Plaza | 0 | Fee | Soft/Springing Cash Management | ||||||||||
25 | Hampton Inn Exton | 0 | Cash | Fee | Springing | |||||||||
26 | Plaza On Main | 0 | Fee | Springing | ||||||||||
27 | Dalton Avenue Plaza | 0 | Fee | Hard/Springing Cash Management | ||||||||||
28 | Campbell Gardens | 0 | Fee | Springing | ||||||||||
29 | Bay Pointe | 0 | Fee | Soft/Springing Cash Management | ||||||||||
30 | The Crest Apartments | 0 | Fee | Soft/Springing Cash Management | ||||||||||
31 | Fairfield Inn Avon | 0 | Cash | Fee | Hard/Springing Cash Management | |||||||||
32 | Foothill Plaza | 0 | Fee | Springing | ||||||||||
33 | Milford Landing Shopping Center | 0 | Fee | Springing | ||||||||||
34 | Markets At Mesa Ridge | 0 | Fee | Hard/Springing Cash Management | ||||||||||
35 | 313-315 W Muhammad Ali Boulevard | 0 | Fee | Springing | ||||||||||
36 | Holiday Inn Express & Suites Emporia | 0 | Fee | Springing | ||||||||||
37 | Country Inn and Suites Savannah Airport | 0 | Cash | Leasehold | 7/15/2058 | Greater of (i) $18,000 or (ii) 4.9% of Ground Lessee’s Gross Receipts from all business transactions | Ground Lessor reserves the right to adjust rent every five (5) years based on the appraised fair market value times the number of leased acres times 10% or the then-current multiplier. The right to adjust rent is conditioned upon all parties that have executed an agreement with the Ground Lessor agree to the same thing in writing. | Hard/Springing Cash Management | ||||||
38 | Maple Wayview Apartments | 0 | Fee | Springing | ||||||||||
39 | Holiday Inn Express - Yulee | 0 | Cash | Fee | Springing | |||||||||
40 | Casa Meadows | 0 | Fee | Soft/Springing Cash Management | ||||||||||
41 | Park West Office | 0 | Fee | Soft/Springing Cash Management | ||||||||||
42 | Watkinsville Self Storage | 0 | Fee | Springing | ||||||||||
42.01 | 67 Greensboro Highway | Fee | ||||||||||||
42.02 | 36 Arnoldsville Road | Fee | ||||||||||||
43 | Brookhaven Plaza | 0 | Fee | Hard/Upfront Cash Management | ||||||||||
44 | Studio Pointe | 0 | Fee | Soft/Springing Cash Management | ||||||||||
45 | Rose Pointe | 0 | Fee | Soft/Springing Cash Management | ||||||||||
46 | Synchrony Financial Expansion - 975 Keller Rd. | 0 | Fee | Hard/Upfront Cash Management | ||||||||||
47 | DuVal Enterprises Building | 0 | Fee | None | ||||||||||
48 | Walgreens - Reedsburg | 0 | Fee | Springing | ||||||||||
49 | Shops at Walmart | 0 | Fee | Springing | ||||||||||
50 | Suwanee Point | 0 | Fee | None | ||||||||||
ANNEX A-1 – CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Whole Loan U/W NOI DSCR (x) | Whole Loan U/W NCF DSCR (x) | Whole Loan Cut-off Date LTV Ratio | Whole Loan Cut-off Date U/W NOI Debt Yield | Whole Loan Cut-off Date U/W NCF Debt Yield | Mezzanine Debt Cut-off Date Balance($) | Sponsor | Affiliated Sponsors | Mortgage Loan Number |
1 | QLIC | 1.55 | 1.54 | 64.7% | 7.3% | 7.2% | Lionshead Member LLC | 1 | ||
2 | Novo Nordisk | 2 | ||||||||
3 | Rentar Plaza | Dennis Ratner; Felice Bassin | 3 | |||||||
4 | 909 Poydras | 4,494,732 | Sarah Rachel Gordon; Isaac Hertz; William Z. Hertz | 4 | ||||||
5 | The Falls | Simon Property Group, L.P. | 5 | |||||||
6 | Cassa Times Square Mixed-Use | 3,430,485 | Salim Assa; Ezak Assa | 6 | ||||||
7 | Plaza Mexico – Los Angeles | 14,000,000 | Min Chae; Donald Chae | 7 | ||||||
8 | 333 North Bedford | James A. Diamond; William E. Diamond | 8 | |||||||
9 | Yeager Portfolio | Scott J. Yeager | 9 | |||||||
9.01 | Frisco | 9.01 | ||||||||
9.02 | Carmel | 9.02 | ||||||||
9.03 | Fishers II | 9.03 | ||||||||
9.04 | Greenwood | 9.04 | ||||||||
9.05 | Fishers I | 9.05 | ||||||||
9.06 | Plainfield | 9.06 | ||||||||
9.07 | Noblesville I | 9.07 | ||||||||
9.08 | Noblesville II | 9.08 | ||||||||
10 | Sixty Soho | Michael Pomeranc; Lawrence Pomeranc; Jason Pomeranc | 10 | |||||||
11 | Hyatt House Philadelphia/King of Prussia | Rolf E. Ruhfus | 11 | |||||||
12 | Crate & Barrel | 1.65 | 1.61 | 65.5% | 10.5% | 10.3% | Lloyd Goldman | 12 | ||
13 | Peachtree Mall | General Growth Partners | 13 | |||||||
14 | Fairmont Parkway | Damian Nusynkier; Alejandro Hoffman | 14 | |||||||
15 | Hilton Head Village | Alfonso A. Costa | 15 | |||||||
16 | 24 Hour Fitness - Pleasanton | Robert V. Bindi and Maureen M. Bindi, individually and as co-trustees of The Bindi Living Family Trust; Richard L. Martin individually and as trustee of The Richard L. Martin Trust; Manuel M. Del Arroz; Juanita L. Del Arroz | 16 | |||||||
17 | Sterling Jewelers Corporate Headquarters FES | Lenora J. Petrarca | 17 | |||||||
18 | Hilton Garden Inn - Memphis Southaven | Yogesh Irrevocable Trust; Sangeeta Purohit | 18 | |||||||
19 | White Marsh Portfolio | 2,500,000 | Douglas H. Legum | 19 | ||||||
19.01 | White Marsh Professional Center | 1,533,742 | 19.01 | |||||||
19.02 | Ridgely’s Choice | 966,258 | 19.02 | |||||||
20 | At Home Portfolio | LCN Capital Partners | 20 | |||||||
20.01 | 15065 Creosote Road | 20.01 | ||||||||
20.02 | 2650 West Interstate 20 | 20.02 | ||||||||
20.03 | 1600 West Kelly Avenue | 20.03 | ||||||||
20.04 | 2244 South Reynolds Road | 20.04 | ||||||||
20.05 | 642 South Walnut Avenue | 20.05 | ||||||||
21 | 53 Mercer Street | Oren Evenhar; Marco Di Laurenti | 21 | |||||||
22 | HI Overland Park | Burce Kinseth,Gary Kinseth,Linda Skinner | 22 | |||||||
23 | Palm Terrace | Pinkal Jogani; Hansa Investments, Inc. | Y - Group 1 | 23 | ||||||
24 | Wind Gap Plaza | Charles B. Miller | Y - Group 2 | 24 | ||||||
25 | Hampton Inn Exton | William B. McNamara; Joseph P. Heenan | 25 | |||||||
26 | Plaza On Main | Michael Rubin; Bruce Lyons | 26 | |||||||
27 | Dalton Avenue Plaza | Edward L. Hoe, Jr. | 27 | |||||||
28 | Campbell Gardens | David Brecher | 28 | |||||||
29 | Bay Pointe | Pinkal Jogani; Hansa Investments, Inc. | Y - Group 1 | 29 | ||||||
30 | The Crest Apartments | Pinkal Jogani; Hansa Investments, Inc. | Y - Group 1 | 30 | ||||||
31 | Fairfield Inn Avon | Prem Amarnathan; Amit Patel; Rajeev Dubey | 31 | |||||||
32 | Foothill Plaza | B. Scott Satterfield; Greg R. Helm | 32 | |||||||
33 | Milford Landing Shopping Center | Charles B. Miller | Y - Group 2 | 33 | ||||||
34 | Markets At Mesa Ridge | William H. Winn | 34 | |||||||
35 | 313-315 W Muhammad Ali Boulevard | Andrew Preston Owen | 35 | |||||||
36 | Holiday Inn Express & Suites Emporia | Jagdish R. Patel | 36 | |||||||
37 | Country Inn and Suites Savannah Airport | Bharat Gandhi; Hemlata Patel | 37 | |||||||
38 | Maple Wayview Apartments | James E. Dixon, Jr.; Elle M. Estephan | 38 | |||||||
39 | Holiday Inn Express - Yulee | Amit R. Patel; Chirayu R. Patel | 39 | |||||||
40 | Casa Meadows | Pinkal Jogani; Hansa Investments, Inc. | Y - Group 1 | 40 | ||||||
41 | Park West Office | C.N. David Reischer; C. James Silfee, III; Michael B. Glick | 41 | |||||||
42 | Watkinsville Self Storage | Walter T. Evans, Jr.; The Ted Winona Evans Trust | 42 | |||||||
42.01 | 67 Greensboro Highway | 42.01 | ||||||||
42.02 | 36 Arnoldsville Road | 42.02 | ||||||||
43 | Brookhaven Plaza | Martin Ensbury; Linda Ensbury; Thomas Chang; Darren A. Seliga; Michael D. Ferraro; Dirk Schermer; Ben Leberthon | 43 | |||||||
44 | Studio Pointe | Pinkal Jogani; Hansa Investments, Inc. | Y - Group 1 | 44 | ||||||
45 | Rose Pointe | Pinkal Jogani; Hansa Investments, Inc. | Y - Group 1 | 45 | ||||||
46 | Synchrony Financial Expansion - 975 Keller Rd. | Cathrine Ireland | 46 | |||||||
47 | DuVal Enterprises Building | Timothy Du Val; Allison Du Val | 47 | |||||||
48 | Walgreens - Reedsburg | Shirley Appelbaum; Amy Appelbaum | 48 | |||||||
49 | Shops at Walmart | Erwin A. Raffle; Erwin A. Raffle Living Trust; Raffle Qtip Trust | 49 | |||||||
50 | Suwanee Point | Gary W. Eplan | 50 | |||||||