FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-226486-04 | ||
WFCM 2019-C49 Disclaimer
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. 333-226486) 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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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, Barclays Capital Inc., Academy Securities, Inc., or 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(1) | Cross Collateralized and Cross Defaulted Loan Flag | Address | City | State | Zip Code | General Property Type | Specific Property Type | Year Built | Year Renovated |
1 | Innisfree Portfolio | LCF | Various | Fort Walton Beach | FL | 32548 | Hospitality | Full Service | Various | ||
1.01 | Hilton Garden Inn Fort Walton Beach | LCF | 1297 Miracle Strip Parkway Southeast | Fort Walton Beach | FL | 32548 | Hospitality | Full Service | 2017 | ||
1.02 | Holiday Inn Fort Walton Beach | LCF | 1299 Miracle Strip Parkway Southeast | Fort Walton Beach | FL | 32548 | Hospitality | Full Service | 2014 | ||
2 | Bristow Center | WFB | 10250-10492 Bristow Center Drive | Bristow | VA | 20136 | Retail | Anchored | 2007 | ||
3 | Residence Inn Denver City Center | WFB | 1725 Champa Street | Denver | CO | 80202 | Hospitality | Extended Stay | 2006 | 2018 | |
4 | Shops at Trace Fork | RMF | 50 RHL Boulevard | Charleston | WV | 25309 | Retail | Anchored | 1999 | ||
5 | 575 Maryville | Barclays | 575 Maryville Centre Drive | Town & Country | MO | 63141 | Office | Suburban | 1999 | ||
6 | Grapevine Station | WFB | 1022 Texan Trail | Grapevine | TX | 76051 | Multifamily | Garden | 2013 | ||
7 | Nostrand Avenue Shopping Center | Barclays | 3779-3861 Nostrand Avenue | Brooklyn | NY | 11235 | Retail | Anchored | 1960 | ||
8 | Roseville Shopping Center | RMF | 1901-1913,1919-1925,1927 Douglas Boulevard | Roseville | CA | 95661 | Retail | Shadow Anchored | 1991 | ||
9 | Northchase Office Portfolio | WFB | Various | Various | GA | Various | Office | Suburban | Various | 2018 | |
9.01 | Northchase | WFB | 1165 Northchase Parkway Southeast | Marietta | GA | 30067 | Office | Suburban | 1986 | 2018 | |
9.02 | Crestwood | WFB | 3675 Crestwood Parkway Northwest | Duluth | GA | 30096 | Office | Suburban | 1987 | 2018 | |
9.03 | Mansell | WFB | 675 and 695 Mansell Road | Roswell | GA | 30076 | Office | Suburban | 1999 | 2018 | |
10 | Catania Pasadena | Barclays | 277 West Green Street | Pasadena | CA | 91101 | Multifamily | Mid Rise | 2012 | ||
11 | Merge Office | WFB | 5405, 5455 and 5555 Garden Grove Boulevard | Westminster | CA | 92683 | Office | Suburban | 1981 | 2017 | |
12 | DoubleTree Leominster | WFB | 99 Erdman Way | Leominster | MA | 01453 | Hospitality | Full Service | 1988 | 2017 | |
13 | Dominion Tower | LCF | 999 Waterside Drive | Norfolk | VA | 23502 | Office | CBD | 1988 | 2018 | |
14 | Tristone Flowtech USA | LCF | 100 Manufacturers Boulevard | Mooresville | NC | 28115 | Industrial | Manufacturing/Warehouse | 2018 | ||
15 | StaxUp Self Storage - San Ysidro | WFB | 2260 Via Tercero | San Diego | CA | 92173 | Self Storage | Self Storage | 1985 | ||
16 | The Edge Apartments | LCF | 2770 Pine Knoll Drive | Auburn Hills | MI | 48326 | Multifamily | Student Housing | 1990 | 2018 | |
17 | Radisson Yuma | LCF | 1501 South Redondo Center Drive | Yuma | AZ | 85365 | Hospitality | Full Service | 2009 | 2018 | |
18 | Proguard Self Storage - Braeswood | WFB | 4456 North Braeswood Boulevard | Houston | TX | 77096 | Self Storage | Self Storage | 2008 | ||
19 | Florissant Marketplace | RMF | 8182 North Lindbergh Boulevard | Florissant | MO | 63031 | Retail | Anchored | 1973 | 2007 | |
20 | 9th Street Marketplace | WFB | 5600, 5664 and 5672 South 900 East | Murray | UT | 84121 | Retail | Anchored | 1963 | 2001 | |
21 | Westport US Storage NY & CA | WFB | Various | Various | Various | Various | Self Storage | Self Storage | Various | ||
21.01 | US Storage - Hawthorne, NY | WFB | 130 and 153 Brady Avenue | Hawthorne | NY | 10532 | Self Storage | Self Storage | 1980 | ||
21.02 | US Storage - Harbor City, CA | WFB | 1239 West 253rd Street | Harbor City | CA | 90710 | Self Storage | Self Storage | 1987 | ||
22 | 601 Hudson Street | LCF | 601 Hudson Street | New York | NY | 10014 | Multifamily | Mid Rise | 1885 | ||
23 | Custer Park | RMF | 2929 & 3131 Custer Road | Plano | TX | 75075 | Retail | Shadow Anchored | 1983 | ||
24 | One River Place | Barclays | 1 River Place | Wilmington | DE | 19801 | Office | CBD | 2004 | ||
25 | 1302-1316 Montana Avenue | Barclays | 1302-1316 Montana Avenue | Santa Monica | CA | 90403 | Mixed Use | Retail/Office | 1934 | 1989 | |
26 | AAA Storage | Barclays | 1232 Geneva Highway, 2801 Rucker Boulevard and 4021 Salem Road | Enterprise | AL | 36330 | Self Storage | Self Storage | 1997 | 2018 | |
27 | La Puente Yard | WFB | 351-359 North Covina Lane | La Puente | CA | 91746 | Industrial | Warehouse | 1962 | 2001 | |
28 | Rockaway Commons | RMF | 204-212 Route 46 | Rockaway | NJ | 07866 | Retail | Anchored | 2006 | ||
29 | Staybridge Suites - Oconomowoc | CIIICM | 1141 Blue Ribbon Drive | Oconomowoc | WI | 53066 | Hospitality | Extended Stay | 2009 | 2017 | |
30 | Holland Art Van | LCF | 1301 East Mall Drive | Holland | OH | 43528 | Retail | Single Tenant | 2013 | ||
31 | Country Inn & Suites - Orlando | RMF | 7701 Universal Boulevard | Orlando | FL | 32819 | Hospitality | Limited Service | 2000 | ||
32 | Woodmen Corporate Center | WFB | 7150 Campus Drive | Colorado Springs | CO | 80920 | Office | Suburban | 1985 | 2018 | |
33 | Westpointe Retail Center | WFB | 8603 State Highway 151 | San Antonio | TX | 78245 | Retail | Unanchored | 2008 | ||
34 | Homewood Suites Laredo | LCF | 98 Calle Del Norte Road | Laredo | TX | 78041 | Hospitality | Extended Stay | 2005 | 2015 | |
35 | OKC MHP Portfolio | CIIICM | Various | Various | OK | Various | Manufactured Housing Community | Manufactured Housing Community | 1980 | Various | |
35.01 | El Reno MHP | CIIICM | 1501 South Rock Island Avenue | El Reno | OK | 73036 | Manufactured Housing Community | Manufactured Housing Community | 1980 | 2018 | |
35.02 | Sunnylane MHP | CIIICM | 17200 South Sunnylane Road | Norman | OK | 73071 | Manufactured Housing Community | Manufactured Housing Community | 1980 | 2017 | |
35.03 | Skyview MHP | CIIICM | 1644 East US 66 | El Reno | OK | 73036 | Manufactured Housing Community | Manufactured Housing Community | 1980 | 2017 | |
36 | Heatherstone Apartments | RMF | 9730 East 33rd Street | Tulsa | OK | 74146 | Multifamily | Garden | 1970 | 2018 | |
37 | Jewel-Osco Elgin | RMF | 1660 Larkin Avenue | Elgin | IL | 60123 | Retail | Single Tenant | 1968 | 2009 | |
38 | 19501 South Santa Fe Avenue | WFB | 19501 South Santa Fe Avenue | Rancho Dominguez | CA | 90221 | Industrial | Warehouse | 1957 | 1985 | |
39 | Stoneridge III | CIIICM | 40900 Woodward Avenue | Bloomfield Hills | MI | 48304 | Office | Suburban | 1984 | 2015 | |
40 | East North Self Storage | RMF | 4329 East North Street | Greenville | SC | 29615 | Self Storage | Self Storage | 2000 | ||
41 | Central Park Apartments | LCF | 631 Orleans Street | Detroit | MI | 48207 | Multifamily | Garden | 1963 | 2017 | |
42 | Hampton Inn Brevard | RMF | 275 Forest Gate Drive | Pisgah Forest | NC | 28768 | Hospitality | Limited Service | 1996 | 2018 | |
43 | Too Much Self Storage | WFB | 2010 South University Avenue | Little Rock | AR | 72204 | Self Storage | Self Storage | 2002 | ||
44 | Shadow Glen Apartments | RMF | 2800 Floyd Avenue | Modesto | CA | 95355 | Multifamily | Garden | 1987 | ||
45 | 599 Johnson Ave | LCF | 599 Johnson Avenue | Brooklyn | NY | 11237 | Mixed Use | Retail/Office | 1931 | 2017 | |
46 | 659 Broadway | RMF | 659 Broadway | New York | NY | 10012 | Retail | Single Tenant | 1930 | ||
47 | 100 Gardner Park | LCF | 100 Gardner Park | Peachtree City | GA | 30269 | Mixed Use | Industrial/Office | 1998 | 2017 | |
48 | St. Lucie MHC | Barclays | 11500 Southwest Kanner Highway | Indiantown | FL | 34956 | Manufactured Housing Community | Manufactured Housing Community | 1963 | ||
49 | Carrington Ridge Phase II | LCF | 312 Foxtail Drive | Pataskala | OH | 43062 | Multifamily | Garden | 2018 | ||
50 | Tolip Apartments | CIIICM | 25 McConkey Drive; 1035 & 1067 Delaware Road; 1370 Sheridan Drive; 25 Logan Avenue; 940 Englewood Avenue | Tonawanda | NY | 14223 | Multifamily | Garden | 1968 | 2018 | |
51 | Howard Park Plaza- CA | WFB | 1504 and 1628 Howard Road | Madera | CA | 93637 | Retail | Anchored | 1972 | 1992 | |
52 | Holiday Park MHC | CIIICM | 3500 West Brookfield Drive | Muncie | IN | 47302 | Manufactured Housing Community | Manufactured Housing Community | 1972 | 1995 | |
53 | Coach Post MHC | CIIICM | 3633 7th Avenue Southwest | Olympia | WA | 98502 | Manufactured Housing Community | Manufactured Housing Community | 1958 | 2017 | |
54 | Telegraph Budget Storage | WFB | 21516 Telegraph Road | Brownstown | MI | 48183 | Self Storage | Self Storage | 1940 | 2014 | |
55 | Spencer Mini Storage | Barclays | 11220 Spencer Highway | La Porte | TX | 77571 | Self Storage | Self Storage | 1977 | ||
56 | Colony MHC | RMF | 6786 Mangrove Drive | Merritt Island | FL | 32953 | Manufactured Housing Community | Manufactured Housing Community | 1969 | ||
57 | GA MHC Portfolio | CIIICM | Various | Various | GA | Various | Manufactured Housing Community | Manufactured Housing Community | Various | Various | |
57.01 | Deer Run II MHC | CIIICM | 140 Union Chapel Road Northwest | Eatonton | GA | 31024 | Manufactured Housing Community | Manufactured Housing Community | 1978 | 2018 | |
57.02 | EagleTrace/Shade Tree Village | CIIICM | 514 & 520 Burnett Ferry Road | Rome | GA | 30165 | Manufactured Housing Community | Manufactured Housing Community | 1987 | ||
58 | 16755 Baseline | WFB | 16755 Southwest Baseline Road | Beaverton | OR | 97006 | Retail | Unanchored | 2004 | ||
59 | Starbucks - North Cicero | Barclays | 4155 North Cicero Avenue | Chicago | IL | 60641 | Retail | Single Tenant | 2018 | ||
60 | 2218 Old Middlefield Way | WFB | 2218 Old Middlefield Way | Mountain View | CA | 94043 | Office | R&D | 1973 | 2017 | |
61 | Ridgewood MHC | CIIICM | 2000 Ridgewood Road | Chapel Hill | NC | 27516 | Manufactured Housing Community | Manufactured Housing Community | 1979 | ||
62 | Archwood Apartments | WFB | 3209 and 3311 Archwood Avenue | Cleveland | OH | 44109 | Multifamily | Garden | 1929 | 2018 | |
63 | Dollar General New Hampton | LCF | 809 North Linn Avenue | New Hampton | IA | 50659 | Retail | Single Tenant | 2018 | ||
64 | Dollar General Pinconning | LCF | 506 South Mable Street | Pinconning | MI | 48650 | Retail | Single Tenant | 2018 |
A-1-1
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Number of Units(2) | Unit of Measure | Cut-off Date Balance Per Unit/SF(3)(4) | Original Balance ($) | Cut-off Date Balance ($) | % of Aggregate Cut-off Date 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 |
1 | Innisfree Portfolio | 330 | Rooms | 177,017 | 58,500,000 | 58,415,464 | 7.5% | 48,419,219 | N | 1/29/2019 | 3/6/2019 | 3/6/2019 | 2/6/2029 | ||
1.01 | Hilton Garden Inn Fort Walton Beach | 178 | Rooms | 34,500,000 | 34,450,145 | 4.4% | |||||||||
1.02 | Holiday Inn Fort Walton Beach | 152 | Rooms | 24,000,000 | 23,965,318 | 3.1% | |||||||||
2 | Bristow Center | 158,082 | Sq. Ft. | 335 | 53,000,000 | 53,000,000 | 6.8% | 53,000,000 | N | 1/3/2019 | 3/1/2019 | 2/1/2029 | 2/1/2029 | ||
3 | Residence Inn Denver City Center | 228 | Rooms | 208,333 | 47,500,000 | 47,500,000 | 6.1% | 47,500,000 | N | 12/19/2018 | 2/11/2019 | 1/11/2026 | 1/11/2026 | ||
4 | Shops at Trace Fork | 367,460 | Sq. Ft. | 110 | 40,350,000 | 40,350,000 | 5.2% | 40,350,000 | N | 1/24/2019 | 3/6/2019 | 2/6/2029 | 2/6/2029 | ||
5 | 575 Maryville | 253,492 | Sq. Ft. | 138 | 35,000,000 | 35,000,000 | 4.5% | 35,000,000 | N | 12/12/2018 | 2/6/2019 | 1/6/2029 | 1/6/2029 | ||
6 | Grapevine Station | 273 | Units | 124,542 | 34,000,000 | 34,000,000 | 4.4% | 34,000,000 | N | 1/7/2019 | 2/11/2019 | 1/11/2029 | 1/11/2029 | ||
7 | Nostrand Avenue Shopping Center | 80,991 | Sq. Ft. | 331 | 26,775,000 | 26,775,000 | 3.5% | 26,775,000 | N | 12/21/2018 | 2/6/2019 | 1/6/2029 | 1/6/2029 | ||
8 | Roseville Shopping Center | 96,791 | Sq. Ft. | 247 | 23,887,500 | 23,887,500 | 3.1% | 21,028,752 | N | 12/14/2018 | 2/6/2019 | 1/6/2022 | 2/6/2022 | 1/6/2029 | |
9 | Northchase Office Portfolio | 255,726 | Sq. Ft. | 76 | 19,500,000 | 19,500,000 | 2.5% | 19,500,000 | N | 1/31/2019 | 3/11/2019 | 2/11/2029 | 2/11/2029 | ||
9.01 | Northchase | 85,042 | Sq. Ft. | 6,550,000 | 6,550,000 | 0.8% | |||||||||
9.02 | Crestwood | 93,681 | Sq. Ft. | 6,480,000 | 6,480,000 | 0.8% | |||||||||
9.03 | Mansell | 77,003 | Sq. Ft. | 6,470,000 | 6,470,000 | 0.8% | |||||||||
10 | Catania Pasadena | 33 | Units | 536,364 | 17,700,000 | 17,700,000 | 2.3% | 17,700,000 | N | 12/21/2018 | 2/1/2019 | 1/1/2029 | 1/1/2029 | ||
11 | Merge Office | 129,655 | Sq. Ft. | 136 | 17,662,500 | 17,617,011 | 2.3% | 14,487,973 | N | 12/21/2018 | 2/11/2019 | 2/11/2019 | 1/11/2029 | ||
12 | DoubleTree Leominster | 187 | Rooms | 85,267 | 16,000,000 | 15,944,841 | 2.1% | 13,266,262 | N | 11/20/2018 | 1/11/2019 | 1/11/2019 | 12/11/2028 | ||
13 | Dominion Tower | 403,276 | Sq. Ft. | 152 | 15,350,000 | 15,350,000 | 2.0% | 13,672,728 | N | 12/20/2018 | 2/6/2019 | 1/6/2022 | 2/6/2022 | 1/6/2029 | |
14 | Tristone Flowtech USA | 215,000 | Sq. Ft. | 67 | 14,400,000 | 14,400,000 | 1.9% | 14,400,000 | N | 1/16/2019 | 3/6/2019 | 2/6/2029 | 2/6/2029 | ||
15 | StaxUp Self Storage - San Ysidro | 162,718 | Sq. Ft. | 87 | 14,200,000 | 14,200,000 | 1.8% | 13,097,871 | N | 11/30/2018 | 1/11/2019 | 12/11/2023 | 1/11/2024 | 12/11/2028 | |
16 | The Edge Apartments | 252 | Beds | 55,952 | 14,100,000 | 14,100,000 | 1.8% | 12,574,488 | N | 2/1/2019 | 3/6/2019 | 2/6/2022 | 3/6/2022 | 2/6/2029 | |
17 | Radisson Yuma | 154 | Rooms | 89,166 | 13,750,000 | 13,731,635 | 1.8% | 11,642,376 | N | 2/1/2019 | 3/6/2019 | 3/6/2019 | 2/6/2029 | ||
18 | Proguard Self Storage - Braeswood | 117,896 | Sq. Ft. | 109 | 12,870,000 | 12,870,000 | 1.7% | 12,870,000 | N | 1/3/2019 | 2/11/2019 | 1/11/2024 | 1/11/2024 | ||
19 | Florissant Marketplace | 146,257 | Sq. Ft. | 85 | 12,400,000 | 12,400,000 | 1.6% | 10,544,624 | N | 12/20/2018 | 2/6/2019 | 1/6/2020 | 2/6/2020 | 1/6/2029 | |
20 | 9th Street Marketplace | 62,523 | Sq. Ft. | 186 | 11,650,000 | 11,650,000 | 1.5% | 10,346,176 | N | 12/20/2018 | 2/11/2019 | 1/11/2022 | 2/11/2022 | 1/11/2029 | |
21 | Westport US Storage NY & CA | 70,769 | Sq. Ft. | 161 | 11,400,000 | 11,400,000 | 1.5% | 10,474,818 | N | 12/11/2018 | 1/11/2019 | 12/11/2023 | 1/11/2024 | 12/11/2028 | |
21.01 | US Storage - Hawthorne, NY | 41,895 | Sq. Ft. | 8,000,000 | 8,000,000 | 1.0% | |||||||||
21.02 | US Storage - Harbor City, CA | 28,874 | Sq. Ft. | 3,400,000 | 3,400,000 | 0.4% | |||||||||
22 | 601 Hudson Street | 11 | Units | 990,909 | 10,900,000 | 10,900,000 | 1.4% | 10,900,000 | N | 1/8/2019 | 3/6/2019 | 2/6/2029 | 2/6/2029 | ||
23 | Custer Park | 115,931 | Sq. Ft. | 91 | 10,600,000 | 10,600,000 | 1.4% | 9,821,019 | N | 11/16/2018 | 1/6/2019 | 12/6/2023 | 1/6/2024 | 12/6/2028 | |
24 | One River Place | 157,273 | Sq. Ft. | 159 | 10,000,000 | 10,000,000 | 1.3% | 10,000,000 | N | 11/1/2018 | 12/6/2018 | 11/6/2028 | 11/6/2028 | ||
25 | 1302-1316 Montana Avenue | 15,906 | Sq. Ft. | 629 | 10,000,000 | 10,000,000 | 1.3% | 10,000,000 | N | 12/27/2018 | 2/6/2019 | 1/6/2029 | 1/6/2029 | ||
26 | AAA Storage | 335,791 | Sq. Ft. | 30 | 10,000,000 | 10,000,000 | 1.3% | 10,000,000 | N | 1/18/2019 | 3/6/2019 | 2/6/2029 | 2/6/2029 | ||
27 | La Puente Yard | 415,121 | Sq. Ft. | 24 | 10,000,000 | 10,000,000 | 1.3% | 10,000,000 | N | 1/31/2019 | 3/11/2019 | 2/11/2029 | 2/11/2029 | ||
28 | Rockaway Commons | 86,615 | Sq. Ft. | 115 | 10,000,000 | 9,962,126 | 1.3% | 8,154,388 | N | 12/7/2018 | 1/6/2019 | 1/6/2019 | 12/6/2028 | ||
29 | Staybridge Suites - Oconomowoc | 128 | Rooms | 77,189 | 9,925,000 | 9,880,170 | 1.3% | 7,621,287 | N | 11/13/2018 | 1/11/2019 | 1/11/2019 | 12/11/2028 | ||
30 | Holland Art Van | 91,388 | Sq. Ft. | 106 | 9,700,000 | 9,668,027 | 1.2% | 7,370,300 | N | 12/7/2018 | 2/6/2019 | 2/6/2019 | 1/6/2029 | ||
31 | Country Inn & Suites - Orlando | 170 | Rooms | 55,807 | 9,500,000 | 9,487,273 | 1.2% | 8,036,684 | N | 1/25/2019 | 3/6/2019 | 3/6/2019 | 2/6/2029 | ||
32 | Woodmen Corporate Center | 107,034 | Sq. Ft. | 79 | 8,500,000 | 8,500,000 | 1.1% | 8,500,000 | N | 1/25/2019 | 3/11/2019 | 2/11/2029 | 2/11/2029 | ||
33 | Westpointe Retail Center | 29,855 | Sq. Ft. | 284 | 8,500,000 | 8,479,564 | 1.1% | 7,067,198 | N | 12/27/2018 | 2/11/2019 | 2/11/2019 | 1/11/2029 | ||
34 | Homewood Suites Laredo | 105 | Rooms | 80,045 | 8,420,000 | 8,404,758 | 1.1% | 6,475,162 | N | 1/31/2019 | 3/6/2019 | 3/6/2019 | 2/6/2029 | ||
35 | OKC MHP Portfolio | 356 | Pads | 23,174 | 8,250,000 | 8,250,000 | 1.1% | 7,327,892 | N | 2/6/2019 | 3/11/2019 | 2/11/2022 | 3/11/2022 | 2/11/2029 | |
35.01 | El Reno MHP | 165 | Pads | 3,823,500 | 3,823,500 | 0.5% | |||||||||
35.02 | Sunnylane MHP | 102 | Pads | 2,364,000 | 2,364,000 | 0.3% | |||||||||
35.03 | Skyview MHP | 89 | Pads | 2,062,500 | 2,062,500 | 0.3% | |||||||||
36 | Heatherstone Apartments | 252 | Units | 32,540 | 8,200,000 | 8,200,000 | 1.1% | 7,138,376 | N | 1/16/2019 | 3/6/2019 | 2/6/2021 | 3/6/2021 | 2/6/2029 | |
37 | Jewel-Osco Elgin | 69,129 | Sq. Ft. | 110 | 7,600,000 | 7,600,000 | 1.0% | 7,600,000 | N | 1/18/2019 | 3/6/2019 | 2/6/2029 | 2/6/2029 | ||
38 | 19501 South Santa Fe Avenue | 71,250 | Sq. Ft. | 105 | 7,500,000 | 7,500,000 | 1.0% | 7,500,000 | N | 12/21/2018 | 2/11/2019 | 1/11/2029 | 1/11/2029 | ||
39 | Stoneridge III | 61,096 | Sq. Ft. | 117 | 7,150,000 | 7,150,000 | 0.9% | 6,088,268 | N | 1/30/2019 | 3/11/2019 | 2/11/2020 | 3/11/2020 | 2/11/2029 | |
40 | East North Self Storage | 71,425 | Sq. Ft. | 95 | 6,750,000 | 6,750,000 | 0.9% | 6,036,647 | N | 12/6/2018 | 1/6/2019 | 12/6/2021 | 1/6/2022 | 12/6/2028 | |
41 | Central Park Apartments | 92 | Units | 69,293 | 6,375,000 | 6,375,000 | 0.8% | 5,709,488 | N | 12/4/2018 | 1/6/2019 | 12/6/2021 | 1/6/2022 | 12/6/2028 | |
42 | Hampton Inn Brevard | 80 | Rooms | 76,106 | 6,100,000 | 6,088,468 | 0.8% | 4,618,092 | N | 1/30/2019 | 3/6/2019 | 3/6/2019 | 2/6/2029 | ||
43 | Too Much Self Storage | 75,500 | Sq. Ft. | 80 | 6,035,000 | 6,035,000 | 0.8% | 5,366,460 | N | 12/20/2018 | 2/11/2019 | 1/11/2022 | 2/11/2022 | 1/11/2029 | |
44 | Shadow Glen Apartments | 51 | Units | 117,647 | 6,000,000 | 6,000,000 | 0.8% | 5,373,332 | N | 12/17/2018 | 2/6/2019 | 1/6/2022 | 2/6/2022 | 1/6/2029 | |
45 | 599 Johnson Ave | 27,414 | Sq. Ft. | 212 | 5,800,000 | 5,800,000 | 0.7% | 5,800,000 | N | 11/15/2018 | 1/6/2019 | 12/6/2028 | 12/6/2028 | ||
46 | 659 Broadway | 4,876 | Sq. Ft. | 1,190 | 5,800,000 | 5,800,000 | 0.7% | 5,800,000 | N | 12/20/2018 | 2/6/2019 | 1/6/2029 | 1/6/2029 | ||
47 | 100 Gardner Park | 129,861 | Sq. Ft. | 43 | 5,550,000 | 5,550,000 | 0.7% | 4,928,618 | N | 1/14/2019 | 3/6/2019 | 2/6/2022 | 3/6/2022 | 2/6/2029 | |
48 | St. Lucie MHC | 217 | Pads | 24,849 | 5,400,000 | 5,392,274 | 0.7% | 4,482,271 | N | 1/25/2019 | 3/6/2019 | 3/6/2019 | 2/6/2029 | ||
49 | Carrington Ridge Phase II | 36 | Units | 140,278 | 5,050,000 | 5,050,000 | 0.7% | 4,667,367 | N | 11/30/2018 | 1/6/2019 | 12/6/2023 | 1/6/2024 | 12/6/2028 | |
50 | Tolip Apartments | 107 | Units | 45,327 | 4,850,000 | 4,850,000 | 0.6% | 4,329,782 | N | 1/29/2019 | 3/11/2019 | 2/11/2022 | 3/11/2022 | 2/11/2029 | |
51 | Howard Park Plaza- CA | 98,546 | Sq. Ft. | 49 | 4,800,000 | 4,792,769 | 0.6% | 3,925,294 | N | 2/1/2019 | 3/11/2019 | 3/11/2019 | 2/11/2029 | ||
52 | Holiday Park MHC | 248 | Pads | 18,548 | 4,600,000 | 4,600,000 | 0.6% | 4,019,385 | N | 1/4/2019 | 2/11/2019 | 1/11/2021 | 2/11/2021 | 1/11/2029 | |
53 | Coach Post MHC | 75 | Pads | 55,496 | 4,170,000 | 4,162,178 | 0.5% | 3,165,894 | N | 2/4/2019 | 3/11/2019 | 3/11/2019 | 2/11/2029 | ||
54 | Telegraph Budget Storage | 46,823 | Sq. Ft. | 72 | 3,400,000 | 3,391,128 | 0.4% | 2,781,549 | N | 1/11/2019 | 2/11/2019 | 2/11/2019 | 1/11/2029 | ||
55 | Spencer Mini Storage | 81,685 | Sq. Ft. | 39 | 3,200,000 | 3,200,000 | 0.4% | 3,200,000 | N | 1/18/2019 | 3/6/2019 | 2/6/2024 | 2/6/2024 | ||
56 | Colony MHC | 143 | Pads | 21,329 | 3,050,000 | 3,050,000 | 0.4% | 3,050,000 | N | 1/18/2019 | 3/6/2019 | 2/6/2024 | 2/6/2024 | ||
57 | GA MHC Portfolio | 158 | Pads | 18,926 | 3,000,000 | 2,990,241 | 0.4% | 2,511,693 | N | 11/19/2018 | 1/11/2019 | 1/11/2019 | 12/11/2028 | ||
57.01 | Deer Run II MHC | 67 | Pads | 1,307,000 | 1,302,748 | 0.2% | |||||||||
57.02 | EagleTrace/Shade Tree Village | 91 | Pads | 1,693,000 | 1,687,492 | 0.2% | |||||||||
58 | 16755 Baseline | 12,000 | Sq. Ft. | 179 | 2,145,000 | 2,145,000 | 0.3% | 2,145,000 | N | 12/18/2018 | 2/11/2019 | 1/11/2029 | 1/11/2029 | ||
59 | Starbucks - North Cicero | 2,500 | Sq. Ft. | 655 | 1,636,250 | 1,636,250 | 0.2% | 1,636,250 | N | 12/6/2018 | 1/6/2019 | 12/6/2028 | 12/6/2028 | ||
60 | 2218 Old Middlefield Way | 10,314 | Sq. Ft. | 150 | 1,550,000 | 1,550,000 | 0.2% | 1,550,000 | N | 12/6/2018 | 1/11/2019 | 12/11/2028 | 12/11/2028 | ||
61 | Ridgewood MHC | 60 | Pads | 25,417 | 1,525,000 | 1,525,000 | 0.2% | 1,366,933 | N | 10/4/2018 | 11/11/2018 | 10/11/2021 | 11/11/2021 | 10/11/2028 | |
62 | Archwood Apartments | 44 | Units | 27,207 | 1,200,000 | 1,197,091 | 0.2% | 996,147 | N | 12/28/2018 | 2/11/2019 | 2/11/2019 | 1/11/2029 | ||
63 | Dollar General New Hampton | 9,002 | Sq. Ft. | 110 | 994,000 | 994,000 | 0.1% | 994,000 | Y | 1/30/2019 | 3/6/2019 | 2/6/2029 | 2/6/2029 | 2/6/2034 | |
64 | Dollar General Pinconning | 9,026 | Sq. Ft. | 103 | 931,000 | 931,000 | 0.1% | 931,000 | Y | 1/30/2019 | 3/6/2019 | 2/6/2029 | 2/6/2029 | 2/6/2034 |
A-1-2
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Gross Mortgage Rate | Trust Advisor Fee | Certificate Administrator Fee Rate | Servicing Fee | CREFC® IP Royalty License Fee Rate | Asset Representations Reviewer Fee Rate | Net Mortgage Rate | Interest Accrual Method | Monthly P&I Payment ($) | Amortization Type | Interest Accrual Method During IO |
1 | Innisfree Portfolio | 5.21000% | 0.00190% | 0.00910% | 0.01500% | 0.00050% | 0.00030% | 5.18320% | Actual/360 | 321,591.34 | Amortizing Balloon | |
1.01 | Hilton Garden Inn Fort Walton Beach | |||||||||||
1.02 | Holiday Inn Fort Walton Beach | |||||||||||
2 | Bristow Center | 5.10000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.08320% | Actual/360 | 229,004.17 | Interest-only, Balloon | Actual/360 |
3 | Residence Inn Denver City Center | 5.14000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.12320% | Actual/360 | 206,849.31 | Interest-only, Balloon | Actual/360 |
4 | Shops at Trace Fork | 4.88000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 4.86320% | Actual/360 | 166,824.83 | Interest-only, Balloon | Actual/360 |
5 | 575 Maryville | 4.82200% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 4.80520% | Actual/360 | 142,985.69 | Interest-only, Balloon | Actual/360 |
6 | Grapevine Station | 5.15000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.13320% | Actual/360 | 148,348.61 | Interest-only, Balloon | Actual/360 |
7 | Nostrand Avenue Shopping Center | 5.13000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.11320% | Actual/360 | 116,370.84 | Interest-only, Balloon | Actual/360 |
8 | Roseville Shopping Center | 4.75000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 4.73320% | Actual/360 | 124,608.51 | Interest-only, Amortizing Balloon | Actual/360 |
9 | Northchase Office Portfolio | 5.00000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 4.98320% | Actual/360 | 82,604.17 | Interest-only, Balloon | Actual/360 |
9.01 | Northchase | |||||||||||
9.02 | Crestwood | |||||||||||
9.03 | Mansell | |||||||||||
10 | Catania Pasadena | 5.32000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.30320% | Actual/360 | 79,777.83 | Interest-only, Balloon | Actual/360 |
11 | Merge Office | 4.93000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 4.91320% | Actual/360 | 94,061.94 | Amortizing Balloon | |
12 | DoubleTree Leominster | 5.26000% | 0.00190% | 0.00910% | 0.03250% | 0.00050% | 0.00030% | 5.21570% | Actual/360 | 88,451.72 | Amortizing Balloon | |
13 | Dominion Tower | 5.29000% | 0.00000% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.27510% | Actual/360 | 85,143.97 | Interest-only, Amortizing Balloon | Actual/360 |
14 | Tristone Flowtech USA | 5.23900% | 0.00190% | 0.00910% | 0.04500% | 0.00050% | 0.00030% | 5.18220% | Actual/360 | 63,915.80 | Interest-only, Balloon | Actual/360 |
15 | StaxUp Self Storage - San Ysidro | 5.00000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 4.98320% | Actual/360 | 76,228.67 | Interest-only, Amortizing Balloon | Actual/360 |
16 | The Edge Apartments | 5.35000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.33320% | Actual/360 | 78,736.33 | Interest-only, Amortizing Balloon | Actual/360 |
17 | Radisson Yuma | 5.95000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.93320% | Actual/360 | 81,996.71 | Amortizing Balloon | |
18 | Proguard Self Storage - Braeswood | 5.00000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 4.98320% | Actual/360 | 54,518.75 | Interest-only, Balloon | Actual/360 |
19 | Florissant Marketplace | 5.25000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.23320% | Actual/360 | 68,473.26 | Interest-only, Amortizing Balloon | Actual/360 |
20 | 9th Street Marketplace | 5.15000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.13320% | Actual/360 | 63,612.06 | Interest-only, Amortizing Balloon | Actual/360 |
21 | Westport US Storage NY & CA | 4.75000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 4.73320% | Actual/360 | 59,467.80 | Interest-only, Amortizing Balloon | Actual/360 |
21.01 | US Storage - Hawthorne, NY | |||||||||||
21.02 | US Storage - Harbor City, CA | |||||||||||
22 | 601 Hudson Street | 5.35500% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.33820% | Actual/360 | 49,451.94 | Interest-only, Balloon | Actual/360 |
23 | Custer Park | 5.30000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.28320% | Actual/360 | 58,862.29 | Interest-only, Amortizing Balloon | Actual/360 |
24 | One River Place | 4.73500% | 0.00000% | 0.00910% | 0.03375% | 0.00050% | 0.00030% | 4.69135% | Actual/360 | 40,115.97 | Interest-only, Balloon | Actual/360 |
25 | 1302-1316 Montana Avenue | 5.29000% | 0.00190% | 0.00910% | 0.05250% | 0.00050% | 0.00030% | 5.22570% | Actual/360 | 44,818.06 | Interest-only, Balloon | Actual/360 |
26 | AAA Storage | 4.58000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 4.56320% | Actual/360 | 38,802.78 | Interest-only, Balloon | Actual/360 |
27 | La Puente Yard | 4.78000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 4.76320% | Actual/360 | 40,497.22 | Interest-only, Balloon | Actual/360 |
28 | Rockaway Commons | 4.75000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 4.73320% | Actual/360 | 52,164.73 | Amortizing Balloon | |
29 | Staybridge Suites - Oconomowoc | 5.75000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.73320% | Actual/360 | 62,438.81 | Amortizing Balloon | |
30 | Holland Art Van | 5.45000% | 0.00190% | 0.00910% | 0.05250% | 0.00050% | 0.00030% | 5.38570% | Actual/360 | 59,277.20 | Amortizing Balloon | |
31 | Country Inn & Suites - Orlando | 5.92000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.90320% | Actual/360 | 56,469.60 | Amortizing Balloon | |
32 | Woodmen Corporate Center | 4.87000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 4.85320% | Actual/360 | 35,070.76 | Interest-only, Balloon | Actual/360 |
33 | Westpointe Retail Center | 5.35000% | 0.00190% | 0.00910% | 0.05250% | 0.00050% | 0.00030% | 5.28570% | Actual/360 | 47,465.16 | Amortizing Balloon | |
34 | Homewood Suites Laredo | 5.80000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.78320% | Actual/360 | 53,225.47 | Amortizing Balloon | |
35 | OKC MHP Portfolio | 5.16000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.14320% | Actual/360 | 45,098.01 | Interest-only, Amortizing Balloon | Actual/360 |
35.01 | El Reno MHP | |||||||||||
35.02 | Sunnylane MHP | |||||||||||
35.03 | Skyview MHP | |||||||||||
36 | Heatherstone Apartments | 5.25000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.23320% | Actual/360 | 45,280.70 | Interest-only, Amortizing Balloon | Actual/360 |
37 | Jewel-Osco Elgin | 4.95000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 4.93320% | Actual/360 | 31,872.50 | Interest-only, Balloon | Actual/360 |
38 | 19501 South Santa Fe Avenue | 5.60000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.58320% | Actual/360 | 35,583.33 | Interest-only, Balloon | Actual/360 |
39 | Stoneridge III | 5.30000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.28320% | Actual/360 | 39,704.28 | Interest-only, Amortizing Balloon | Actual/360 |
40 | East North Self Storage | 5.48000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.46320% | Actual/360 | 38,241.10 | Interest-only, Amortizing Balloon | Actual/360 |
41 | Central Park Apartments | 5.55000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.53320% | Actual/360 | 36,396.79 | Interest-only, Amortizing Balloon | Actual/360 |
42 | Hampton Inn Brevard | 5.35000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.33320% | Actual/360 | 36,914.88 | Amortizing Balloon | |
43 | Too Much Self Storage | 5.21000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.19320% | Actual/360 | 33,176.13 | Interest-only, Amortizing Balloon | Actual/360 |
44 | Shadow Glen Apartments | 5.55000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.53320% | Actual/360 | 34,255.80 | Interest-only, Amortizing Balloon | Actual/360 |
45 | 599 Johnson Ave | 5.59300% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.57620% | Actual/360 | 27,483.38 | Interest-only, Balloon | Actual/360 |
46 | 659 Broadway | 4.99000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 4.97320% | Actual/360 | 24,520.31 | Interest-only, Balloon | Actual/360 |
47 | 100 Gardner Park | 5.15000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.13320% | Actual/360 | 30,304.46 | Interest-only, Amortizing Balloon | Actual/360 |
48 | St. Lucie MHC | 5.30000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.28320% | Actual/360 | 29,986.45 | Amortizing Balloon | |
49 | Carrington Ridge Phase II | 5.13300% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.11620% | Actual/360 | 27,521.46 | Interest-only, Amortizing Balloon | Actual/360 |
50 | Tolip Apartments | 5.40000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.38320% | Actual/360 | 27,234.24 | Interest-only, Amortizing Balloon | Actual/360 |
51 | Howard Park Plaza- CA | 4.84000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 4.82320% | Actual/360 | 25,300.12 | Amortizing Balloon | |
52 | Holiday Park MHC | 5.40000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.38320% | Actual/360 | 25,830.42 | Interest-only, Amortizing Balloon | Actual/360 |
53 | Coach Post MHC | 5.43000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.41320% | Actual/360 | 25,433.42 | Amortizing Balloon | |
54 | Telegraph Budget Storage | 4.85000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 4.83320% | Actual/360 | 17,941.52 | Amortizing Balloon | |
55 | Spencer Mini Storage | 4.95000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 4.93320% | Actual/360 | 13,420.00 | Interest-only, Balloon | Actual/360 |
56 | Colony MHC | 6.00000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.98320% | Actual/360 | 15,504.17 | Interest-only, Balloon | Actual/360 |
57 | GA MHC Portfolio | 5.57000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.55320% | Actual/360 | 17,165.66 | Amortizing Balloon | |
57.01 | Deer Run II MHC | |||||||||||
57.02 | EagleTrace/Shade Tree Village | |||||||||||
58 | 16755 Baseline | 5.25000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.23320% | Actual/360 | 9,540.78 | Interest-only, Balloon | Actual/360 |
59 | Starbucks - North Cicero | 5.45000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.43320% | Actual/360 | 7,555.16 | Interest-only, Balloon | Actual/360 |
60 | 2218 Old Middlefield Way | 4.98500% | 0.00190% | 0.00910% | 0.08250% | 0.00050% | 0.00030% | 4.89070% | Actual/360 | 6,546.27 | Interest-only, Balloon | Actual/360 |
61 | Ridgewood MHC | 5.59000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.57320% | Actual/360 | 8,745.09 | Interest-only, Amortizing Balloon | Actual/360 |
62 | Archwood Apartments | 5.30000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.28320% | Actual/360 | 6,663.66 | Amortizing Balloon | |
63 | Dollar General New Hampton | 5.97000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.95320% | Actual/360 | 5,027.57 | Interest-only, ARD | Actual/360 |
64 | Dollar General Pinconning | 5.99000% | 0.00190% | 0.00910% | 0.00500% | 0.00050% | 0.00030% | 5.97320% | Actual/360 | 4,724.70 | Interest-only, ARD | Actual/360 |
A-1-3
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | 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)(5) | Grace Period Late (Days) | Appraised Value ($)(6) | Appraisal Date | Coop -Rental Value |
1 | Innisfree Portfolio | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 94,800,000 | 8/21/2018 | |
1.01 | Hilton Garden Inn Fort Walton Beach | 54,700,000 | 8/21/2018 | |||||||||||
1.02 | Holiday Inn Fort Walton Beach | 40,100,000 | 8/21/2018 | |||||||||||
2 | Bristow Center | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 5 | 5 | 78,600,000 | 11/26/2018 | |
3 | Residence Inn Denver City Center | 84 | 82 | 84 | 82 | 0 | 0 | 2 | L(24),GRTR 1% or YM(53),O(7) | 0 | 5 | 79,400,000 | 11/14/2019 | |
4 | Shops at Trace Fork | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(23),GRTR 1% or YM(93),O(4) | 0 | 0 | 67,550,000 | 11/26/2018 | |
5 | 575 Maryville | 120 | 118 | 120 | 118 | 0 | 0 | 2 | L(26),D(89),O(5) | 0 | 0 | 50,280,000 | 9/6/2018 | |
6 | Grapevine Station | 120 | 118 | 120 | 118 | 0 | 0 | 2 | L(26),D(90),O(4) | 0 | 0 | 53,000,000 | 11/8/2018 | |
7 | Nostrand Avenue Shopping Center | 120 | 118 | 120 | 118 | 0 | 0 | 2 | L(26),D(90),O(4) | 0 | 0 | 40,000,000 | 11/16/2018 | |
8 | Roseville Shopping Center | 120 | 118 | 36 | 34 | 360 | 360 | 2 | L(26),D(90),O(4) | 0 | 0 | 34,500,000 | 11/20/2018 | |
9 | Northchase Office Portfolio | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 30,450,000 | Various | |
9.01 | Northchase | 10,000,000 | 11/5/2018 | |||||||||||
9.02 | Crestwood | 10,650,000 | 11/9/2018 | |||||||||||
9.03 | Mansell | 9,800,000 | 11/9/2018 | |||||||||||
10 | Catania Pasadena | 120 | 118 | 120 | 118 | 0 | 0 | 2 | L(26),D(88),O(6) | 0, two grace periods of 5 days each per 12 month period | 0 | 31,400,000 | 10/31/2018 | |
11 | Merge Office | 120 | 118 | 0 | 0 | 360 | 358 | 2 | L(26),D(87),O(7) | 0 | 0 | 27,700,000 | 5/1/2019 | |
12 | DoubleTree Leominster | 120 | 117 | 0 | 0 | 360 | 357 | 3 | L(27),GRTR 1% or YM(89),O(4) | 0 | 5 | 24,700,000 | 11/1/2019 | |
13 | Dominion Tower | 120 | 118 | 36 | 34 | 360 | 360 | 2 | L(26),D(90),O(4) | 0 | 0 | 87,000,000 | 11/8/2018 | |
14 | Tristone Flowtech USA | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),GRTR 1% or YM(90),O(5) | 0 | 0 | 23,000,000 | 11/30/2018 | |
15 | StaxUp Self Storage - San Ysidro | 120 | 117 | 60 | 57 | 360 | 360 | 3 | L(27),D(89),O(4) | 0 | 0 | 20,600,000 | 10/29/2018 | |
16 | The Edge Apartments | 120 | 119 | 36 | 35 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 0 | 22,900,000 | 12/4/2018 | |
17 | Radisson Yuma | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(92),O(3) | 0 | 0 | 20,400,000 | 8/1/2018 | |
18 | Proguard Self Storage - Braeswood | 60 | 58 | 60 | 58 | 0 | 0 | 2 | L(26),D(28),O(6) | 0 | 0 | 19,800,000 | 11/16/2018 | |
19 | Florissant Marketplace | 120 | 118 | 12 | 10 | 360 | 360 | 2 | L(26),D(90),O(4) | 0 | 0 | 17,300,000 | 10/31/2018 | |
20 | 9th Street Marketplace | 120 | 118 | 36 | 34 | 360 | 360 | 2 | L(26),D(90),O(4) | 0 | 0 | 16,600,000 | 11/27/2018 | |
21 | Westport US Storage NY & CA | 120 | 117 | 60 | 57 | 360 | 360 | 3 | L(27),D(86),O(7) | 0 | 0 | 20,100,000 | Various | |
21.01 | US Storage - Hawthorne, NY | 14,100,000 | 10/30/2018 | |||||||||||
21.02 | US Storage - Harbor City, CA | 6,000,000 | 10/24/2018 | |||||||||||
22 | 601 Hudson Street | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 5 | 16,900,000 | 10/29/2018 | |
23 | Custer Park | 120 | 117 | 60 | 57 | 360 | 360 | 3 | L(27),D(89),O(4) | 0 | 0 | 18,620,000 | 9/7/2018 | |
24 | One River Place | 120 | 116 | 120 | 116 | 0 | 0 | 4 | L(28),D(85),O(7) | 0 | 0 | 49,500,000 | 10/5/2018 | |
25 | 1302-1316 Montana Avenue | 120 | 118 | 120 | 118 | 0 | 0 | 2 | L(25),GRTR 1% or YM(91),O(4) | 0 | 0 | 23,100,000 | 12/4/2018 | |
26 | AAA Storage | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 23,050,000 | 11/8/2018 | |
27 | La Puente Yard | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 17,500,000 | 11/15/2018 | |
28 | Rockaway Commons | 120 | 117 | 0 | 0 | 360 | 357 | 3 | L(27),D(86),O(7) | 0 | 0 | 19,000,000 | 11/26/2018 | |
29 | Staybridge Suites - Oconomowoc | 120 | 117 | 0 | 0 | 300 | 297 | 3 | L(27),D(90),O(3) | 0 | 0 | 14,200,000 | 10/10/2018 | |
30 | Holland Art Van | 120 | 118 | 0 | 0 | 300 | 298 | 2 | L(23),GRTR 1% or YM(92),O(5) | 0 | 0 | 16,700,000 | 10/15/2018 | |
31 | Country Inn & Suites - Orlando | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 14,600,000 | 12/1/2019 | |
32 | Woodmen Corporate Center | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),GRTR 1% or YM(91),O(4) | 0 | 0 | 13,900,000 | 11/12/2018 | |
33 | Westpointe Retail Center | 120 | 118 | 0 | 0 | 360 | 358 | 2 | L(26),GRTR 1% or YM or D(87),O(7) | 0 | 0 | 11,900,000 | 12/1/2019 | |
34 | Homewood Suites Laredo | 120 | 119 | 0 | 0 | 300 | 299 | 1 | L(25),D(92),O(3) | 0 | 0 | 12,800,000 | 11/14/2019 | |
35 | OKC MHP Portfolio | 120 | 119 | 36 | 35 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 0 | 11,600,000 | 10/23/2018 | |
35.01 | El Reno MHP | 5,400,000 | 10/23/2018 | |||||||||||
35.02 | Sunnylane MHP | 3,500,000 | 10/23/2018 | |||||||||||
35.03 | Skyview MHP | 2,700,000 | 10/23/2018 | |||||||||||
36 | Heatherstone Apartments | 120 | 119 | 24 | 23 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 0 | 12,200,000 | 11/21/2018 | |
37 | Jewel-Osco Elgin | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 14,800,000 | 11/7/2018 | |
38 | 19501 South Santa Fe Avenue | 120 | 118 | 120 | 118 | 0 | 0 | 2 | L(26),D(90),O(4) | 0 | 0 | 17,270,000 | 1/1/2019 | |
39 | Stoneridge III | 120 | 119 | 12 | 11 | 360 | 360 | 1 | L(25),D(92),O(3) | 0 | 0 | 10,100,000 | 12/21/2018 | |
40 | East North Self Storage | 120 | 117 | 36 | 33 | 360 | 360 | 3 | L(27),D(89),O(4) | 0 | 0 | 9,700,000 | 11/13/2018 | |
41 | Central Park Apartments | 120 | 117 | 36 | 33 | 360 | 360 | 3 | L(27),D(89),O(4) | 0 | 0 | 12,100,000 | 10/11/2018 | |
42 | Hampton Inn Brevard | 120 | 119 | 0 | 0 | 300 | 299 | 1 | L(25),D(91),O(4) | 0 | 0 | 10,300,000 | 11/30/2018 | |
43 | Too Much Self Storage | 120 | 118 | 36 | 34 | 360 | 360 | 2 | L(26),GRTR 1% or YM(90),O(4) | 0 | 5 | 8,350,000 | 11/13/2018 | |
44 | Shadow Glen Apartments | 120 | 118 | 36 | 34 | 360 | 360 | 2 | L(26),D(90),O(4) | 0 | 0 | 8,680,000 | 10/1/2018 | |
45 | 599 Johnson Ave | 120 | 117 | 120 | 117 | 0 | 0 | 3 | L(27),D(89),O(4) | 0 | 0 | 12,000,000 | 8/1/2018 | |
46 | 659 Broadway | 120 | 118 | 120 | 118 | 0 | 0 | 2 | L(26),D(90),O(4) | 0 | 0 | 9,200,000 | 9/27/2018 | |
47 | 100 Gardner Park | 120 | 119 | 36 | 35 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 0 | 11,500,000 | 11/20/2018 | |
48 | St. Lucie MHC | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 8,950,000 | 9/20/2018 | |
49 | Carrington Ridge Phase II | 120 | 117 | 60 | 57 | 360 | 360 | 3 | L(27),D(90),O(3) | 0 | 0 | 7,600,000 | 11/29/2018 | |
50 | Tolip Apartments | 120 | 119 | 36 | 35 | 360 | 360 | 1 | L(25),D(92),O(3) | 0 | 0 | 7,300,000 | 11/28/2018 | |
51 | Howard Park Plaza- CA | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 8,700,000 | 11/29/2018 | |
52 | Holiday Park MHC | 120 | 118 | 24 | 22 | 360 | 360 | 2 | L(26),D(91),O(3) | 0 | 0 | 6,870,000 | 11/13/2018 | |
53 | Coach Post MHC | 120 | 119 | 0 | 0 | 300 | 299 | 1 | L(25),D(92),O(3) | 0 | 0 | 6,250,000 | 9/18/2018 | |
54 | Telegraph Budget Storage | 120 | 118 | 0 | 0 | 360 | 358 | 2 | L(26),D(90),O(4) | 0 | 0 | 5,500,000 | 11/13/2018 | |
55 | Spencer Mini Storage | 60 | 59 | 60 | 59 | 0 | 0 | 1 | L(25),D(31),O(4) | 0 | 0 | 5,820,000 | 12/4/2018 | |
56 | Colony MHC | 60 | 59 | 60 | 59 | 0 | 0 | 1 | L(25),D(31),O(4) | 0 | 0 | 5,180,000 | 12/7/2018 | |
57 | GA MHC Portfolio | 120 | 117 | 0 | 0 | 360 | 357 | 3 | L(27),D(90),O(3) | 0 | 0 | 4,750,000 | 5/15/2018 | |
57.01 | Deer Run II MHC | 2,070,000 | 5/15/2018 | |||||||||||
57.02 | EagleTrace/Shade Tree Village | 2,680,000 | 5/15/2018 | |||||||||||
58 | 16755 Baseline | 120 | 118 | 120 | 118 | 0 | 0 | 2 | L(26),D(90),O(4) | 0 | 0 | 3,575,000 | 11/14/2018 | |
59 | Starbucks - North Cicero | 120 | 117 | 120 | 117 | 0 | 0 | 3 | L(27),D(89),O(4) | 0 | 0 | 3,000,000 | 10/29/2018 | |
60 | 2218 Old Middlefield Way | 120 | 117 | 120 | 117 | 0 | 0 | 3 | L(27),D(89),O(4) | 0 | 0 | 3,600,000 | 7/2/2018 | |
61 | Ridgewood MHC | 120 | 115 | 36 | 31 | 360 | 360 | 5 | L(29),D(88),O(3) | 0 | 0 | 2,250,000 | 8/28/2018 | |
62 | Archwood Apartments | 120 | 118 | 0 | 0 | 360 | 358 | 2 | L(26),D(90),O(4) | 0 | 0 | 1,670,000 | 1/1/2019 | |
63 | Dollar General New Hampton | 120 | 119 | 120 | 119 | 0 | 0 | 1 | YM(25),YM or D(88),O(7) | 0 | 0 | 1,420,000 | 10/3/2018 | |
64 | Dollar General Pinconning | 120 | 119 | 120 | 119 | 0 | 0 | 1 | YM(25),YM or D(88),O(7) | 0 | 0 | 1,330,000 | 10/5/2018 |
A-1-4
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | 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)(3)(4) | U/W NCF DSCR (x)(3)(4) | Cut-off Date LTV Ratio(3)(4)(6) | LTV Ratio at Maturity or ARD(3)(4)(6) | Cut-off Date U/W NOI Debt Yield(3)(4) | Cut-off Date U/W NCF Debt Yield(3)(4) | U/W Revenues ($)(2)(7) | U/W Expenses ($) |
1 | Innisfree Portfolio | 2.17 | 1.94 | 61.6% | 51.1% | 14.3% | 12.8% | 21,874,518 | 13,502,902 | |||||||
1.01 | Hilton Garden Inn Fort Walton Beach | 12,780,390 | 7,626,535 | |||||||||||||
1.02 | Holiday Inn Fort Walton Beach | 9,094,128 | 5,876,367 | |||||||||||||
2 | Bristow Center | 1.56 | 1.51 | 67.4% | 67.4% | 8.1% | 7.8% | 5,812,402 | 1,521,164 | |||||||
3 | Residence Inn Denver City Center | 2.52 | 2.32 | 59.8% | 59.8% | 13.2% | 12.1% | 12,717,411 | 6,451,396 | |||||||
4 | Shops at Trace Fork | 2.24 | 2.12 | 59.7% | 59.7% | 11.1% | 10.5% | 5,583,492 | 1,100,913 | |||||||
5 | 575 Maryville | 2.31 | 2.00 | 69.6% | 69.6% | 11.3% | 9.8% | 6,561,178 | 2,591,920 | |||||||
6 | Grapevine Station | 1.49 | 1.45 | 64.2% | 64.2% | 7.8% | 7.6% | 4,763,775 | 2,116,301 | |||||||
7 | Nostrand Avenue Shopping Center | 1.56 | 1.46 | 66.9% | 66.9% | 8.1% | 7.6% | 3,341,704 | 1,162,759 | |||||||
8 | Roseville Shopping Center | 1.79 | 1.74 | 69.2% | 61.0% | 11.2% | 10.9% | 3,505,675 | 831,546 | |||||||
9 | Northchase Office Portfolio | 2.53 | 2.28 | 64.0% | 64.0% | 12.9% | 11.6% | 4,471,635 | 1,959,685 | |||||||
9.01 | Northchase | 1,583,358 | 688,280 | |||||||||||||
9.02 | Crestwood | 1,577,209 | 700,714 | |||||||||||||
9.03 | Mansell | 1,311,069 | 570,692 | |||||||||||||
10 | Catania Pasadena | 1.40 | 1.39 | 56.4% | 56.4% | 7.6% | 7.5% | 2,453,820 | 1,108,784 | |||||||
11 | Merge Office | 1.79 | 1.67 | 63.6% | 52.3% | 11.5% | 10.7% | 3,149,180 | 1,129,392 | |||||||
12 | DoubleTree Leominster | 2.46 | 2.09 | 64.6% | 53.7% | 16.4% | 13.9% | 9,815,081 | 7,200,256 | |||||||
13 | Dominion Tower | 1.64 | 1.53 | 70.5% | 62.8% | 10.9% | 10.2% | 10,566,058 | 3,848,795 | |||||||
14 | Tristone Flowtech USA | 1.72 | 1.69 | 62.6% | 62.6% | 9.2% | 9.0% | 1,561,894 | 244,144 | |||||||
15 | StaxUp Self Storage - San Ysidro | 1.39 | 1.35 | 68.9% | 63.6% | 8.9% | 8.7% | 1,874,886 | 604,586 | |||||||
16 | The Edge Apartments | 1.33 | 1.29 | 61.6% | 54.9% | 8.9% | 8.6% | 1,999,931 | 745,505 | |||||||
17 | Radisson Yuma | 1.77 | 1.54 | 67.3% | 57.1% | 12.7% | 11.1% | 5,447,024 | 3,709,180 | |||||||
18 | Proguard Self Storage - Braeswood | 2.00 | 1.99 | 65.0% | 65.0% | 10.2% | 10.1% | 2,132,743 | 822,269 | |||||||
19 | Florissant Marketplace | 1.66 | 1.46 | 71.7% | 61.0% | 11.0% | 9.6% | 2,283,799 | 919,633 | |||||||
20 | 9th Street Marketplace | 1.35 | 1.28 | 70.2% | 62.3% | 8.9% | 8.4% | 1,370,618 | 339,457 | |||||||
21 | Westport US Storage NY & CA | 1.76 | 1.75 | 56.7% | 52.1% | 11.0% | 10.9% | 1,720,920 | 463,363 | |||||||
21.01 | US Storage - Hawthorne, NY | 1,139,786 | 261,776 | |||||||||||||
21.02 | US Storage - Harbor City, CA | 581,134 | 201,586 | |||||||||||||
22 | 601 Hudson Street | 1.30 | 1.29 | 64.5% | 64.5% | 7.1% | 7.0% | 1,075,592 | 305,181 | |||||||
23 | Custer Park | 1.85 | 1.70 | 56.9% | 52.7% | 12.3% | 11.3% | 2,317,645 | 1,013,445 | |||||||
24 | One River Place | 2.73 | 2.50 | 50.5% | 50.5% | 13.1% | 12.0% | 4,367,307 | 1,086,298 | |||||||
25 | 1302-1316 Montana Avenue | 1.85 | 1.74 | 43.3% | 43.3% | 9.9% | 9.4% | 1,345,441 | 352,149 | |||||||
26 | AAA Storage | 3.04 | 2.96 | 43.4% | 43.4% | 14.2% | 13.8% | 2,103,086 | 687,289 | |||||||
27 | La Puente Yard | 2.19 | 2.12 | 57.1% | 57.1% | 10.6% | 10.3% | 1,210,950 | 147,084 | |||||||
28 | Rockaway Commons | 2.07 | 1.99 | 52.4% | 42.9% | 13.0% | 12.5% | 1,873,251 | 578,762 | |||||||
29 | Staybridge Suites - Oconomowoc | 2.13 | 1.92 | 69.6% | 53.7% | 16.1% | 14.6% | 3,811,245 | 2,218,968 | |||||||
30 | Holland Art Van | 1.64 | 1.64 | 57.9% | 44.1% | 12.1% | 12.1% | 1,205,434 | 36,163 | |||||||
31 | Country Inn & Suites - Orlando | 1.81 | 1.58 | 65.0% | 55.0% | 12.9% | 11.3% | 3,882,193 | 2,658,490 | |||||||
32 | Woodmen Corporate Center | 2.48 | 2.22 | 61.2% | 61.2% | 12.3% | 11.0% | 1,960,287 | 916,683 | |||||||
33 | Westpointe Retail Center | 1.32 | 1.29 | 71.3% | 59.4% | 8.9% | 8.7% | 1,159,789 | 407,075 | |||||||
34 | Homewood Suites Laredo | 1.67 | 1.48 | 65.7% | 50.6% | 12.7% | 11.2% | 3,177,716 | 2,107,995 | |||||||
35 | OKC MHP Portfolio | 1.40 | 1.36 | 71.1% | 63.2% | 9.2% | 9.0% | 1,446,746 | 690,332 | |||||||
35.01 | El Reno MHP | 667,778 | 330,325 | |||||||||||||
35.02 | Sunnylane MHP | 417,900 | 196,141 | |||||||||||||
35.03 | Skyview MHP | 361,069 | 163,866 | |||||||||||||
36 | Heatherstone Apartments | 1.61 | 1.47 | 67.2% | 58.5% | 10.7% | 9.7% | 2,119,743 | 1,245,994 | |||||||
37 | Jewel-Osco Elgin | 2.20 | 2.20 | 51.4% | 51.4% | 11.1% | 11.1% | 856,375 | 15,346 | |||||||
38 | 19501 South Santa Fe Avenue | 1.72 | 1.72 | 43.4% | 43.4% | 9.8% | 9.8% | 875,056 | 141,111 | |||||||
39 | Stoneridge III | 1.49 | 1.32 | 70.8% | 60.3% | 9.9% | 8.8% | 1,249,120 | 540,003 | |||||||
40 | East North Self Storage | 1.30 | 1.28 | 69.6% | 62.2% | 8.8% | 8.7% | 798,873 | 202,336 | |||||||
41 | Central Park Apartments | 1.43 | 1.37 | 52.7% | 47.2% | 9.8% | 9.4% | 1,091,333 | 468,648 | |||||||
42 | Hampton Inn Brevard | 1.73 | 1.55 | 59.1% | 44.8% | 12.6% | 11.3% | 1,939,771 | 1,174,014 | |||||||
43 | Too Much Self Storage | 1.39 | 1.37 | 72.3% | 64.3% | 9.2% | 9.0% | 789,670 | 236,589 | |||||||
44 | Shadow Glen Apartments | 1.32 | 1.29 | 69.1% | 61.9% | 9.0% | 8.8% | 798,220 | 256,099 | |||||||
45 | 599 Johnson Ave | 1.55 | 1.47 | 48.3% | 48.3% | 8.8% | 8.4% | 681,559 | 171,647 | |||||||
46 | 659 Broadway | 1.64 | 1.62 | 63.0% | 63.0% | 8.3% | 8.2% | 522,812 | 40,388 | |||||||
47 | 100 Gardner Park | 2.00 | 1.85 | 48.3% | 42.9% | 13.1% | 12.1% | 943,700 | 214,601 | |||||||
48 | St. Lucie MHC | 1.49 | 1.46 | 60.2% | 50.1% | 9.9% | 9.7% | 900,233 | 365,060 | |||||||
49 | Carrington Ridge Phase II | 1.40 | 1.38 | 66.4% | 61.4% | 9.2% | 9.0% | 662,319 | 198,550 | |||||||
50 | Tolip Apartments | 1.42 | 1.32 | 66.4% | 59.3% | 9.5% | 8.9% | 922,463 | 459,802 | |||||||
51 | Howard Park Plaza- CA | 2.20 | 1.97 | 55.1% | 45.1% | 13.9% | 12.5% | 902,403 | 234,945 | |||||||
52 | Holiday Park MHC | 1.42 | 1.38 | 67.0% | 58.5% | 9.6% | 9.3% | 729,243 | 289,387 | |||||||
53 | Coach Post MHC | 1.32 | 1.31 | 66.6% | 50.7% | 9.7% | 9.6% | 565,969 | 162,701 | |||||||
54 | Telegraph Budget Storage | 1.83 | 1.78 | 61.7% | 50.6% | 11.6% | 11.3% | 607,125 | 213,971 | |||||||
55 | Spencer Mini Storage | 2.14 | 2.11 | 55.0% | 55.0% | 10.8% | 10.6% | 688,678 | 343,387 | |||||||
56 | Colony MHC | 1.61 | 1.57 | 58.9% | 58.9% | 9.8% | 9.6% | 560,594 | 260,567 | |||||||
57 | GA MHC Portfolio | 1.46 | 1.42 | 63.0% | 52.9% | 10.0% | 9.8% | 481,598 | 181,091 | |||||||
57.01 | Deer Run II MHC | 187,413 | 57,049 | |||||||||||||
57.02 | EagleTrace/Shade Tree Village | 294,185 | 124,042 | |||||||||||||
58 | 16755 Baseline | 2.09 | 2.02 | 60.0% | 60.0% | 11.2% | 10.8% | 359,471 | 119,882 | |||||||
59 | Starbucks - North Cicero | 1.62 | 1.53 | 54.5% | 54.5% | 9.0% | 8.5% | 149,871 | 2,997 | |||||||
60 | 2218 Old Middlefield Way | 3.34 | 3.26 | 43.1% | 43.1% | 16.9% | 16.5% | 310,708 | 48,699 | |||||||
61 | Ridgewood MHC | 1.33 | 1.30 | 67.8% | 60.8% | 9.2% | 9.0% | 263,139 | 123,583 | |||||||
62 | Archwood Apartments | 1.56 | 1.45 | 71.7% | 59.6% | 10.5% | 9.7% | 249,996 | 124,886 | |||||||
63 | Dollar General New Hampton | 1.48 | 1.46 | 70.0% | 70.0% | 9.0% | 8.8% | 92,045 | 2,761 | |||||||
64 | Dollar General Pinconning | 1.48 | 1.45 | 70.0% | 70.0% | 9.0% | 8.8% | 86,311 | 2,589 |
A-1-5
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | U/W Net Operating Income ($)(8) | U/W Replacement ($) | U/W TI/LC ($) | U/W Net Cash Flow ($) | Occupancy Rate(2)(8)(9) | Occupancy as-of Date | U/W Hotel ADR | U/W Hotel RevPAR | Most Recent Period | Most Recent Revenues ($)(7) | Most Recent Expenses ($) | Most Recent NOI ($) |
1 | Innisfree Portfolio | 8,371,616 | 874,981 | 0 | 7,496,635 | 85.2% | 11/30/2018 | 181 | 154 | TTM 11/30/2018 | 21,874,518 | 13,222,304 | 8,652,214 |
1.01 | Hilton Garden Inn Fort Walton Beach | 5,153,855 | 511,216 | 0 | 4,642,639 | 84.3% | 11/30/2018 | 194 | 163 | TTM 11/30/2018 | 12,780,390 | 7,410,409 | 5,369,981 |
1.02 | Holiday Inn Fort Walton Beach | 3,217,761 | 363,765 | 0 | 2,853,996 | 86.2% | 11/30/2018 | 165 | 143 | TTM 11/30/2018 | 9,094,128 | 5,811,895 | 3,282,233 |
2 | Bristow Center | 4,291,238 | 18,970 | 130,257 | 4,142,011 | 96.1% | 11/1/2018 | TTM 10/31/2018 | 5,874,778 | 1,554,985 | 4,319,793 | ||
3 | Residence Inn Denver City Center | 6,266,014 | 508,696 | 0 | 5,757,318 | 77.8% | 10/31/2018 | 184 | 148 | TTM 10/31/2018 | 12,288,322 | 6,217,727 | 6,070,595 |
4 | Shops at Trace Fork | 4,482,579 | 55,119 | 183,730 | 4,243,730 | 98.3% | 10/17/2018 | TTM 11/30/2018 | 5,647,721 | 1,076,835 | 4,570,886 | ||
5 | 575 Maryville | 3,969,258 | 50,698 | 493,602 | 3,424,957 | 97.0% | 11/30/2018 | TTM 9/30/2018 | 5,443,434 | 2,570,987 | 2,872,447 | ||
6 | Grapevine Station | 2,647,474 | 68,250 | 0 | 2,579,224 | 93.8% | 11/15/2018 | TTM 10/31/2018 | 4,763,775 | 2,186,686 | 2,577,089 | ||
7 | Nostrand Avenue Shopping Center | 2,178,945 | 12,149 | 131,482 | 2,035,314 | 92.7% | 12/12/2018 | NAV | NAV | NAV | NAV | ||
8 | Roseville Shopping Center | 2,674,128 | 14,519 | 58,074 | 2,601,535 | 94.3% | 11/20/2018 | TTM 9/30/2018 | 2,941,519 | 695,540 | 2,245,979 | ||
9 | Northchase Office Portfolio | 2,511,950 | 64,854 | 186,692 | 2,260,404 | 94.1% | 12/1/2018 | TTM 10/31/2018 | 4,352,985 | 1,940,268 | 2,412,716 | ||
9.01 | Northchase | 895,078 | 17,721 | 69,522 | 807,835 | 94.3% | 12/1/2018 | TTM 10/31/2018 | 1,509,869 | 699,590 | 810,280 | ||
9.02 | Crestwood | 876,495 | 23,392 | 72,380 | 780,724 | 93.1% | 12/1/2018 | TTM 10/31/2018 | 1,391,447 | 709,333 | 682,114 | ||
9.03 | Mansell | 740,377 | 23,742 | 44,790 | 671,845 | 95.0% | 12/1/2018 | TTM 10/31/2018 | 1,451,669 | 531,346 | 920,323 | ||
10 | Catania Pasadena | 1,345,035 | 11,550 | 0 | 1,333,485 | 93.9% | 11/14/2018 | TTM 10/31/2018 | 2,442,372 | 1,107,909 | 1,334,463 | ||
11 | Merge Office | 2,019,788 | 25,931 | 104,476 | 1,889,381 | 97.6% | 2/1/2019 | TTM 10/31/2018 | 1,915,156 | 1,139,930 | 775,226 | ||
12 | DoubleTree Leominster | 2,614,825 | 392,603 | 0 | 2,222,221 | 78.1% | 10/31/2018 | 130 | 102 | TTM 10/31/2018 | 9,886,119 | 7,301,454 | 2,584,664 |
13 | Dominion Tower | 6,717,263 | 60,491 | 405,295 | 6,251,477 | 88.3% | 10/31/2018 | TTM 10/31/2018 | 10,734,542 | 3,816,541 | 6,918,001 | ||
14 | Tristone Flowtech USA | 1,317,750 | 21,500 | 0 | 1,296,250 | 100.0% | 3/1/2019 | ||||||
15 | StaxUp Self Storage - San Ysidro | 1,270,300 | 35,798 | 0 | 1,234,502 | 74.4% | 11/27/2018 | TTM 10/31/2018 | 1,856,775 | 585,833 | 1,270,942 | ||
16 | The Edge Apartments | 1,254,426 | 37,800 | 0 | 1,216,626 | 93.7% | 1/17/2019 | Actual 2018 | 1,747,177 | 656,055 | 1,091,122 | ||
17 | Radisson Yuma | 1,737,844 | 217,881 | 0 | 1,519,963 | 78.0% | 11/30/2018 | 112 | 88 | TTM 11/30/2018 | 5,447,024 | 3,781,690 | 1,665,334 |
18 | Proguard Self Storage - Braeswood | 1,310,474 | 11,782 | 0 | 1,298,692 | 86.7% | 11/8/2018 | TTM 10/31/2018 | 2,150,908 | 826,236 | 1,324,672 | ||
19 | Florissant Marketplace | 1,364,166 | 21,939 | 146,258 | 1,195,971 | 100.0% | 9/1/2018 | TTM 10/31/2018 | 2,274,076 | 960,843 | 1,313,234 | ||
20 | 9th Street Marketplace | 1,031,162 | 12,511 | 38,620 | 980,031 | 93.4% | 11/30/2018 | TTM 11/30/2018 | 1,233,499 | 352,505 | 880,994 | ||
21 | Westport US Storage NY & CA | 1,257,558 | 12,291 | 0 | 1,245,266 | 88.2% | 11/30/2018 | TTM 9/30/2018 | 1,589,529 | 514,597 | 1,074,932 | ||
21.01 | US Storage - Hawthorne, NY | 878,010 | 7,960 | 0 | 870,050 | 87.1% | 11/30/2018 | TTM 9/30/2018 | 1,050,809 | 287,958 | 762,851 | ||
21.02 | US Storage - Harbor City, CA | 379,548 | 4,331 | 0 | 375,217 | 89.7% | 11/30/2018 | TTM 9/30/2018 | 538,721 | 226,640 | 312,081 | ||
22 | 601 Hudson Street | 770,411 | 3,000 | 3,000 | 764,411 | 100.0% | 11/30/2018 | Annualized 3 11/30/2018 | 1,117,133 | 287,943 | 829,189 | ||
23 | Custer Park | 1,304,200 | 17,390 | 86,948 | 1,199,862 | 85.5% | 10/1/2018 | TTM 8/31/2018 | 2,074,706 | 1,011,607 | 1,063,098 | ||
24 | One River Place | 3,281,009 | 31,455 | 241,152 | 3,008,402 | 100.0% | 3/1/2019 | TTM 9/30/2018 | 5,070,130 | 1,101,111 | 3,969,019 | ||
25 | 1302-1316 Montana Avenue | 993,292 | 5,567 | 51,397 | 936,328 | 94.5% | 12/26/2018 | TTM 11/30/2018 | 1,432,669 | 334,271 | 1,098,398 | ||
26 | AAA Storage | 1,415,797 | 35,738 | 0 | 1,380,059 | 93.7% | 9/18/2018 | Annualized 9 9/30/2018 | 2,132,624 | 625,089 | 1,507,535 | ||
27 | La Puente Yard | 1,063,867 | 2,193 | 31,048 | 1,030,626 | 100.0% | 3/1/2019 | NAV | NAV | NAV | NAV | ||
28 | Rockaway Commons | 1,294,490 | 12,992 | 34,646 | 1,246,852 | 100.0% | 11/1/2018 | TTM 9/30/2018 | 2,044,420 | 575,569 | 1,468,851 | ||
29 | Staybridge Suites - Oconomowoc | 1,592,277 | 152,450 | 0 | 1,439,827 | 74.4% | 9/30/2018 | 108 | 80 | TTM 9/30/2018 | 3,811,245 | 1,996,503 | 1,814,742 |
30 | Holland Art Van | 1,169,271 | 0 | 0 | 1,169,271 | 100.0% | 10/12/2018 | NAV | NAV | NAV | NAV | ||
31 | Country Inn & Suites - Orlando | 1,223,703 | 155,288 | 0 | 1,068,415 | 80.1% | 11/30/2018 | 77 | 58 | TTM 11/30/2018 | 3,995,688 | 2,717,877 | 1,277,811 |
32 | Woodmen Corporate Center | 1,043,604 | 10,283 | 98,014 | 935,307 | 77.9% | 2/28/2019 | TTM 10/31/2018 | 816,350 | 610,112 | 206,238 | ||
33 | Westpointe Retail Center | 752,714 | 5,374 | 11,681 | 735,659 | 89.7% | 12/18/2018 | TTM 10/31/2018 | 1,372,803 | 457,325 | 915,478 | ||
34 | Homewood Suites Laredo | 1,069,721 | 127,109 | 0 | 942,612 | 79.0% | 11/30/2018 | 103 | 82 | TTM 11/30/2018 | 3,177,716 | 2,058,091 | 1,119,625 |
35 | OKC MHP Portfolio | 756,414 | 17,800 | 0 | 738,614 | 88.2% | 10/30/2018 | TTM 10/31/2018 | 1,317,434 | 594,783 | 722,652 | ||
35.01 | El Reno MHP | 337,453 | 8,250 | 0 | 329,203 | 84.2% | 10/30/2018 | TTM 10/31/2018 | 612,753 | 282,415 | 330,338 | ||
35.02 | Sunnylane MHP | 221,758 | 5,100 | 0 | 216,658 | 95.1% | 10/30/2018 | TTM 10/31/2018 | 394,513 | 172,505 | 222,008 | ||
35.03 | Skyview MHP | 197,203 | 4,450 | 0 | 192,753 | 87.6% | 10/30/2018 | TTM 10/31/2018 | 310,168 | 139,862 | 170,306 | ||
36 | Heatherstone Apartments | 873,749 | 75,600 | 0 | 798,149 | 100.0% | 12/31/2018 | Actual 2018 | 2,043,221 | 1,194,908 | 848,313 | ||
37 | Jewel-Osco Elgin | 841,029 | 0 | 0 | 841,029 | 100.0% | 3/1/2019 | Actual 2018 | 875,000 | 0 | 875,000 | ||
38 | 19501 South Santa Fe Avenue | 733,944 | 7,937 | -6,401 | 732,408 | 100.0% | 3/1/2018 | TTM 8/31/2018 | 720,000 | 0 | 720,000 | ||
39 | Stoneridge III | 709,116 | 12,219 | 67,855 | 629,042 | 81.8% | 12/31/2018 | Annualized 9 11/30/2018 | 1,043,409 | 484,494 | 558,915 | ||
40 | East North Self Storage | 596,537 | 10,714 | 0 | 585,823 | 91.7% | 11/26/2018 | TTM 10/31/2018 | 755,966 | 212,856 | 543,109 | ||
41 | Central Park Apartments | 622,685 | 23,000 | 0 | 599,685 | 100.0% | 11/6/2018 | Actual 2018 | 1,048,359 | 418,610 | 629,748 | ||
42 | Hampton Inn Brevard | 765,758 | 77,591 | 0 | 688,167 | 56.1% | 12/31/2018 | 116 | 65 | Actual 2018 | 1,927,149 | 1,163,199 | 763,950 |
43 | Too Much Self Storage | 553,081 | 7,550 | 0 | 545,531 | 87.6% | 11/26/2018 | TTM 10/31/2018 | 759,392 | 194,455 | 564,937 | ||
44 | Shadow Glen Apartments | 542,121 | 12,750 | 0 | 529,371 | 100.0% | 11/11/2018 | TTM 10/31/2018 | 818,893 | 245,265 | 573,628 | ||
45 | 599 Johnson Ave | 509,911 | 4,043 | 20,258 | 485,611 | 96.0% | 10/31/2018 | TTM 9/30/2018 | 445,976 | 84,269 | 361,707 | ||
46 | 659 Broadway | 482,425 | 975 | 4,876 | 476,573 | 100.0% | 3/1/2019 | TTM 9/30/2018 | 527,099 | 38,361 | 488,738 | ||
47 | 100 Gardner Park | 729,099 | 19,479 | 38,463 | 671,158 | 100.0% | 12/1/2018 | Annualized 6 9/30/2018 | 921,362 | 147,770 | 773,592 | ||
48 | St. Lucie MHC | 535,173 | 10,850 | 0 | 524,323 | 83.4% | 1/10/2019 | TTM 11/30/2018 | 871,828 | 342,206 | 529,622 | ||
49 | Carrington Ridge Phase II | 463,769 | 9,000 | 0 | 454,769 | 97.2% | 11/28/2018 | Annualized 3 10/31/2018 | 511,853 | 134,491 | 377,362 | ||
50 | Tolip Apartments | 462,661 | 32,528 | 0 | 430,133 | 100.0% | 11/30/2018 | Actual 2018 | 925,756 | 436,389 | 489,367 | ||
51 | Howard Park Plaza- CA | 667,458 | 19,709 | 49,273 | 598,476 | 98.2% | 10/25/2018 | TTM 10/31/2018 | 815,858 | 224,894 | 590,964 | ||
52 | Holiday Park MHC | 439,856 | 12,400 | 0 | 427,456 | 77.0% | 1/1/2019 | TTM 11/30/2018 | 698,058 | 245,232 | 452,826 | ||
53 | Coach Post MHC | 403,268 | 3,750 | 0 | 399,518 | 96.0% | 12/12/2018 | Actual 2018 | 565,969 | 130,538 | 435,431 | ||
54 | Telegraph Budget Storage | 393,154 | 9,203 | 0 | 383,951 | 95.0% | 12/20/2018 | TTM 10/31/2018 | 579,261 | 236,133 | 343,128 | ||
55 | Spencer Mini Storage | 345,292 | 5,688 | 0 | 339,604 | 90.1% | 11/30/2018 | TTM 11/30/2018 | 682,329 | 343,981 | 338,348 | ||
56 | Colony MHC | 300,027 | 7,150 | 0 | 292,877 | 73.4% | 1/1/2019 | Actual 2018 | 537,997 | 160,178 | 377,819 | ||
57 | GA MHC Portfolio | 300,507 | 7,900 | 0 | 292,607 | 98.1% | 10/10/2018 | TTM 9/30/2018 | 491,918 | 127,650 | 364,268 | ||
57.01 | Deer Run II MHC | 130,364 | 3,350 | 0 | 127,014 | 98.5% | 10/10/2018 | TTM 9/30/2018 | 195,153 | 32,545 | 162,608 | ||
57.02 | EagleTrace/Shade Tree Village | 170,142 | 4,550 | 0 | 165,592 | 97.8% | 10/10/2018 | TTM 9/30/2018 | 296,765 | 95,105 | 201,659 | ||
58 | 16755 Baseline | 239,588 | 1,320 | 7,256 | 231,013 | 100.0% | 12/13/2018 | Annualized 11 11/13/2018 | 342,381 | 127,375 | 215,006 | ||
59 | Starbucks - North Cicero | 146,873 | 375 | 7,813 | 138,686 | 100.0% | 3/1/2019 | NAV | NAV | NAV | NAV | ||
60 | 2218 Old Middlefield Way | 262,009 | 1,031 | 5,157 | 255,821 | 100.0% | 12/1/2018 | TTM 10/31/2018 | 257,342 | 39,263 | 218,079 | ||
61 | Ridgewood MHC | 139,557 | 3,000 | 0 | 136,557 | 93.3% | 8/20/2018 | TTM 8/31/2018 | 242,564 | 101,496 | 141,068 | ||
62 | Archwood Apartments | 125,110 | 9,560 | 0 | 115,551 | 90.9% | 12/1/2018 | TTM 10/31/2018 | 169,876 | 197,699 | -27,823 | ||
63 | Dollar General New Hampton | 89,283 | 1,350 | 0 | 87,933 | 100.0% | 3/1/2019 | ||||||
64 | Dollar General Pinconning | 83,722 | 1,354 | 0 | 82,368 | 100.0% | 3/1/2019 |
A-1-6
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Most Recent Capital Expenditures | Most Recent NCF ($) | Most Recent Hotel ADR | Most Recent Hotel RevPAR | Second Most Recent Period | Second Most Recent Revenues ($)(7) | Second Most Recent Expenses ($) | Second Most Recent NOI ($)(8) | Second Most Recent Capital Expenditures | Second Most Recent NCF ($) | Second Most Recent Hotel ADR | Second Most Recent Hotel RevPAR | Third Most Recent Period |
1 | Innisfree Portfolio | 0 | 8,652,214 | 181 | 154 | Actual 2017 | 15,800,635 | 9,706,495 | 6,094,140 | 0 | 6,094,140 | 173 | 140 | Actual 2016 |
1.01 | Hilton Garden Inn Fort Walton Beach | 0 | 5,369,981 | 194 | 163 | Actual 2017 | 6,606,011 | 3,954,238 | 2,651,773 | 0 | 2,651,773 | 186 | 136 | |
1.02 | Holiday Inn Fort Walton Beach | 0 | 3,282,233 | 165 | 143 | Actual 2017 | 9,194,624 | 5,752,257 | 3,442,367 | 0 | 3,442,367 | 165 | 143 | Actual 2016 |
2 | Bristow Center | 0 | 4,319,793 | Actual 2017 | 5,900,965 | 1,530,540 | 4,370,425 | 0 | 4,370,425 | Actual 2016 | ||||
3 | Residence Inn Denver City Center | 0 | 6,070,595 | 184 | 143 | Actual 2017 | 12,812,803 | 6,322,363 | 6,490,440 | 0 | 6,490,440 | 181 | 150 | Actual 2016 |
4 | Shops at Trace Fork | 0 | 4,570,886 | Actual 2017 | 5,631,421 | 983,847 | 4,647,574 | 0 | 4,647,574 | Actual 2016 | ||||
5 | 575 Maryville | 0 | 2,872,447 | Actual 2017 | 5,909,730 | 2,466,186 | 3,443,544 | 0 | 3,443,544 | Actual 2016 | ||||
6 | Grapevine Station | 0 | 2,577,089 | Actual 2017 | 4,748,111 | 2,146,225 | 2,601,886 | 0 | 2,601,886 | Actual 2016 | ||||
7 | Nostrand Avenue Shopping Center | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
8 | Roseville Shopping Center | 0 | 2,245,979 | Actual 2017 | 3,179,409 | 719,025 | 2,460,384 | 0 | 2,460,384 | Actual 2016 | ||||
9 | Northchase Office Portfolio | 0 | 2,412,716 | Various | 4,132,039 | 1,703,121 | 2,428,917 | 0 | 2,428,917 | Actual 2015 | ||||
9.01 | Northchase | 0 | 810,280 | Actual 2017 | 1,456,187 | 659,714 | 796,473 | 0 | 796,473 | Actual 2015 | ||||
9.02 | Crestwood | 0 | 682,114 | Actual 2017 | 1,309,501 | 599,741 | 709,760 | 0 | 709,760 | Actual 2015 | ||||
9.03 | Mansell | 0 | 920,323 | Annualized 11 12/31/2017 | 1,366,351 | 443,666 | 922,684 | 0 | 922,684 | Actual 2015 | ||||
10 | Catania Pasadena | 0 | 1,334,463 | Actual 2017 | 2,427,646 | 1,053,586 | 1,374,060 | 0 | 1,374,060 | Actual 2016 | ||||
11 | Merge Office | 0 | 775,226 | Actual 2017 | 1,557,238 | 1,039,130 | 518,108 | 0 | 518,108 | Actual 2016 | ||||
12 | DoubleTree Leominster | 0 | 2,584,664 | 130 | 102 | Actual 2017 | 8,976,205 | 7,143,944 | 1,832,261 | 0 | 1,832,261 | 117 | 91 | TTM 7/31/2016 |
13 | Dominion Tower | 0 | 6,918,001 | Actual 2017 | 9,812,727 | 3,725,778 | 6,086,949 | 0 | 6,086,949 | Actual 2016 | ||||
14 | Tristone Flowtech USA | |||||||||||||
15 | StaxUp Self Storage - San Ysidro | 0 | 1,270,942 | Actual 2017 | 1,803,239 | 596,724 | 1,206,515 | 0 | 1,206,515 | Actual 2016 | ||||
16 | The Edge Apartments | 0 | 1,091,122 | Annualized 9 12/31/2017 | 1,587,582 | 616,342 | 971,240 | 0 | 971,240 | Actual 2016 | ||||
17 | Radisson Yuma | 0 | 1,665,334 | 112 | 88 | Actual 2017 | 5,275,514 | 3,510,276 | 1,765,238 | 0 | 1,765,238 | 110 | 85 | Actual 2016 |
18 | Proguard Self Storage - Braeswood | 0 | 1,324,672 | Actual 2017 | 2,066,591 | 781,977 | 1,284,614 | 0 | 1,284,614 | Actual 2016 | ||||
19 | Florissant Marketplace | 0 | 1,313,234 | Actual 2017 | 2,244,422 | 937,068 | 1,307,354 | 0 | 1,307,354 | Actual 2016 | ||||
20 | 9th Street Marketplace | 0 | 880,994 | Actual 2017 | 833,794 | 297,037 | 536,757 | 0 | 536,757 | Actual 2016 | ||||
21 | Westport US Storage NY & CA | 0 | 1,074,932 | Actual 2017 | 1,448,311 | 505,764 | 942,547 | 0 | 942,547 | Various | ||||
21.01 | US Storage - Hawthorne, NY | 0 | 762,851 | Actual 2017 | 933,999 | 269,555 | 664,444 | 0 | 664,444 | TTM 10/31/2016 | ||||
21.02 | US Storage - Harbor City, CA | 0 | 312,081 | Actual 2017 | 514,312 | 236,208 | 278,103 | 0 | 278,103 | TTM 9/30/2016 | ||||
22 | 601 Hudson Street | 0 | 829,189 | TTM 11/30/2018 | 571,340 | 263,384 | 307,956 | 0 | 307,956 | NAV | ||||
23 | Custer Park | 2,299 | 1,060,799 | Actual 2017 | 1,867,501 | 844,013 | 1,023,488 | 2,979 | 1,020,509 | Actual 2016 | ||||
24 | One River Place | 116,364 | 3,852,655 | Actual 2017 | 5,280,460 | 1,081,414 | 4,199,046 | 116,364 | 4,082,682 | Actual 2016 | ||||
25 | 1302-1316 Montana Avenue | 0 | 1,098,398 | Actual 2017 | 1,336,619 | 328,296 | 1,008,323 | 0 | 1,008,323 | Actual 2016 | ||||
26 | AAA Storage | 0 | 1,507,535 | Actual 2017 | 1,898,283 | 705,699 | 1,192,585 | 0 | 1,192,585 | Actual 2016 | ||||
27 | La Puente Yard | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
28 | Rockaway Commons | 0 | 1,468,851 | Actual 2017 | 1,955,112 | 572,220 | 1,382,892 | 0 | 1,382,892 | Actual 2016 | ||||
29 | Staybridge Suites - Oconomowoc | 27,056 | 1,787,686 | 108 | 80 | Actual 2017 | 3,226,616 | 1,868,785 | 1,357,831 | 49,380 | 1,308,451 | 108 | 68 | Actual 2016 |
30 | Holland Art Van | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
31 | Country Inn & Suites - Orlando | 0 | 1,277,811 | 75 | 60 | Actual 2017 | 3,489,052 | 2,355,043 | 1,134,009 | 0 | 1,134,009 | 71 | 53 | Actual 2016 |
32 | Woodmen Corporate Center | 0 | 206,238 | Actual 2017 | 182,430 | 593,899 | -411,469 | 0 | -411,469 | Actual 2016 | ||||
33 | Westpointe Retail Center | 0 | 915,478 | Actual 2017 | 1,340,663 | 452,246 | 888,417 | 0 | 888,417 | Actual 2016 | ||||
34 | Homewood Suites Laredo | 0 | 1,119,625 | 103 | 82 | Actual 2017 | 3,052,198 | 2,020,020 | 1,032,178 | 0 | 1,032,178 | 103 | 79 | Actual 2016 |
35 | OKC MHP Portfolio | 22,476 | 700,176 | Actual 2017 | 1,141,541 | 584,889 | 556,652 | 16,950 | 539,702 | Actual 2016 | ||||
35.01 | El Reno MHP | 8,251 | 322,088 | Actual 2017 | 532,735 | 286,077 | 246,658 | 7,575 | 239,083 | Actual 2016 | ||||
35.02 | Sunnylane MHP | 9,775 | 212,233 | Actual 2017 | 324,092 | 163,229 | 160,863 | 4,950 | 155,913 | Actual 2016 | ||||
35.03 | Skyview MHP | 4,450 | 165,855 | Actual 2017 | 284,714 | 135,583 | 149,131 | 4,425 | 144,706 | Actual 2016 | ||||
36 | Heatherstone Apartments | 0 | 848,313 | Actual 2017 | 1,680,751 | 1,059,288 | 621,463 | 0 | 621,463 | Actual 2016 | ||||
37 | Jewel-Osco Elgin | 0 | 875,000 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
38 | 19501 South Santa Fe Avenue | 0 | 720,000 | Actual 2017 | 720,000 | 0 | 720,000 | 0 | 720,000 | Actual 2016 | ||||
39 | Stoneridge III | 0 | 558,915 | Actual 2017 | 1,158,481 | 512,707 | 645,774 | 0 | 645,774 | Actual 2016 | ||||
40 | East North Self Storage | 0 | 543,109 | Actual 2017 | 778,400 | 219,657 | 558,743 | 0 | 558,743 | Actual 2016 | ||||
41 | Central Park Apartments | 0 | 629,748 | Annualized 10 12/31/2017 | 820,445 | 409,570 | 410,875 | 0 | 410,875 | Actual 2016 | ||||
42 | Hampton Inn Brevard | 77,086 | 686,864 | 116 | 65 | Actual 2017 | 2,284,387 | 1,293,000 | 991,388 | 91,375 | 900,013 | 112 | 78 | Actual 2016 |
43 | Too Much Self Storage | 0 | 564,937 | Actual 2017 | 778,318 | 186,419 | 591,899 | 0 | 591,899 | Actual 2016 | ||||
44 | Shadow Glen Apartments | 0 | 573,628 | Actual 2017 | 760,272 | 229,191 | 531,081 | 0 | 531,081 | Actual 2016 | ||||
45 | 599 Johnson Ave | 0 | 361,707 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
46 | 659 Broadway | 0 | 488,738 | Actual 2017 | 494,827 | 37,722 | 457,105 | 0 | 457,105 | NAV | ||||
47 | 100 Gardner Park | 0 | 773,592 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
48 | St. Lucie MHC | 0 | 529,622 | Actual 2017 | 937,143 | 353,671 | 583,471 | 0 | 583,471 | Actual 2016 | ||||
49 | Carrington Ridge Phase II | 0 | 377,362 | Annualized 6 10/31/2018 | 388,363 | 122,397 | 265,966 | 0 | 265,966 | |||||
50 | Tolip Apartments | 0 | 489,367 | Actual 2016 | 818,325 | 411,288 | 407,037 | 0 | 407,037 | Actual 2015 | ||||
51 | Howard Park Plaza- CA | 0 | 590,964 | Actual 2017 | 811,832 | 232,814 | 579,018 | 0 | 579,018 | Actual 2016 | ||||
52 | Holiday Park MHC | 0 | 452,826 | Actual 2017 | 700,267 | 258,319 | 441,948 | 0 | 441,948 | Actual 2016 | ||||
53 | Coach Post MHC | 0 | 435,431 | Actual 2017 | 344,848 | 110,367 | 234,481 | 0 | 234,481 | NAV | ||||
54 | Telegraph Budget Storage | 0 | 343,128 | Annualized 8 12/31//2017 | 563,853 | 228,451 | 335,403 | 0 | 335,403 | NAV | ||||
55 | Spencer Mini Storage | 0 | 338,348 | Actual 2017 | 644,405 | 330,111 | 314,294 | 0 | 314,294 | Actual 2016 | ||||
56 | Colony MHC | 0 | 377,819 | Actual 2017 | 512,728 | 160,308 | 352,419 | 0 | 352,419 | Actual 2016 | ||||
57 | GA MHC Portfolio | 0 | 364,268 | Actual 2017 | 470,623 | 122,742 | 347,881 | 0 | 347,881 | Actual 2016 | ||||
57.01 | Deer Run II MHC | 0 | 162,608 | Actual 2017 | 186,580 | 36,862 | 149,718 | 0 | 149,718 | Actual 2016 | ||||
57.02 | EagleTrace/Shade Tree Village | 0 | 201,659 | Actual 2017 | 284,043 | 85,880 | 198,163 | 0 | 198,163 | Actual 2016 | ||||
58 | 16755 Baseline | 0 | 215,006 | Actual 2017 | 359,526 | 112,484 | 247,042 | 0 | 247,042 | Actual 2016 | ||||
59 | Starbucks - North Cicero | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
60 | 2218 Old Middlefield Way | 0 | 218,079 | Actual 2017 | 318,264 | 35,232 | 283,032 | 0 | 283,032 | Actual 2016 | ||||
61 | Ridgewood MHC | 0 | 141,068 | Actual 2017 | 235,181 | 93,200 | 141,981 | 0 | 141,981 | Actual 2016 | ||||
62 | Archwood Apartments | 0 | -27,823 | Actual 2017 | 202,709 | 229,708 | -26,999 | 0 | -26,999 | Actual 2016 | ||||
63 | Dollar General New Hampton | |||||||||||||
64 | Dollar General Pinconning |
A-1-7
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Third Most Recent Revenues ($)(7) | 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 | Master Lease (Y/N)(10) | Largest Tenant Name(9)(11)(12)(13)(14) | Largest Tenant Sq. Ft. | Largest Tenant % of NRA | Largest Tenant Exp. Date |
1 | Innisfree Portfolio | 9,271,187 | 6,022,488 | 3,248,699 | 0 | 3,248,699 | 172 | 143 | N | ||||
1.01 | Hilton Garden Inn Fort Walton Beach | N | |||||||||||
1.02 | Holiday Inn Fort Walton Beach | 9,271,187 | 6,022,488 | 3,248,699 | 0 | 3,248,699 | 172 | 143 | N | ||||
2 | Bristow Center | 5,705,453 | 1,405,568 | 4,299,886 | 0 | 4,299,886 | N | Harris Teeter | 56,298 | 35.6% | 5/31/2027 | ||
3 | Residence Inn Denver City Center | 12,369,145 | 5,988,362 | 6,380,783 | 0 | 6,380,783 | 180 | 144 | N | ||||
4 | Shops at Trace Fork | 5,693,250 | 1,093,078 | 4,600,171 | 0 | 4,600,171 | N | Lowe’s | 135,197 | 36.8% | 7/31/2024 | ||
5 | 575 Maryville | 6,757,060 | 2,506,436 | 4,250,624 | 0 | 4,250,624 | N | Cushman & Wakefield | 137,682 | 54.3% | 7/31/2027 | ||
6 | Grapevine Station | 4,604,820 | 2,070,473 | 2,534,347 | 0 | 2,534,347 | N | ||||||
7 | Nostrand Avenue Shopping Center | NAV | NAV | NAV | NAV | NAV | N | Aldi | 18,481 | 22.8% | 7/31/2023 | ||
8 | Roseville Shopping Center | 3,109,932 | 704,777 | 2,405,155 | 0 | 2,405,155 | N | Petco Animal Supplies, Inc. | 15,486 | 16.0% | 6/30/2027 | ||
9 | Northchase Office Portfolio | 3,471,903 | 1,665,847 | 1,806,056 | 0 | 1,806,056 | N | Various | Various | Various | Various | ||
9.01 | Northchase | 1,020,204 | 626,193 | 394,011 | 0 | 394,011 | N | Oversight Systems, Inc | 19,211 | 22.6% | 7/31/2020 | ||
9.02 | Crestwood | 1,328,406 | 594,737 | 733,669 | 0 | 733,669 | N | NorthPoint Executives Suites Duluth, LLC | 20,835 | 22.2% | 8/31/2023 | ||
9.03 | Mansell | 1,123,293 | 444,917 | 678,376 | 0 | 678,376 | N | Paperhost.com, Inc. | 13,253 | 17.2% | 9/30/2020 | ||
10 | Catania Pasadena | 2,322,031 | 822,135 | 1,499,896 | 0 | 1,499,896 | N | ||||||
11 | Merge Office | 1,742,442 | 1,145,256 | 597,185 | 0 | 597,185 | N | Universal Care | 33,566 | 25.9% | 12/31/2022 | ||
12 | DoubleTree Leominster | 7,964,155 | 6,061,470 | 1,902,685 | 0 | 1,902,685 | 120 | 82 | N | ||||
13 | Dominion Tower | 9,630,456 | 3,629,404 | 6,001,052 | 0 | 6,001,052 | N | CACI Enterprise Solutions, Inc. | 49,910 | 12.4% | 8/31/2023 | ||
14 | Tristone Flowtech USA | N | Tristone Flowtech USA Inc. | 215,000 | 100.0% | 11/30/2028 | |||||||
15 | StaxUp Self Storage - San Ysidro | 1,633,999 | 543,616 | 1,090,383 | 0 | 1,090,383 | N | ||||||
16 | The Edge Apartments | 1,485,995 | 614,101 | 871,894 | 0 | 871,894 | N | ||||||
17 | Radisson Yuma | 4,594,297 | 3,224,341 | 1,369,956 | 0 | 1,369,956 | 103 | 72 | N | ||||
18 | Proguard Self Storage - Braeswood | 1,998,665 | 813,888 | 1,184,777 | 0 | 1,184,777 | N | ||||||
19 | Florissant Marketplace | 2,272,268 | 878,035 | 1,394,233 | 0 | 1,394,233 | N | Schnuck’s Store | 70,262 | 48.0% | 11/30/2021 | ||
20 | 9th Street Marketplace | 926,227 | 336,828 | 589,399 | 0 | 589,399 | N | PetSmart | 20,191 | 32.3% | 3/31/2028 | ||
21 | Westport US Storage NY & CA | 1,327,906 | 609,137 | 718,769 | 0 | 718,769 | N | ||||||
21.01 | US Storage - Hawthorne, NY | 813,607 | 377,711 | 435,896 | 0 | 435,896 | N | ||||||
21.02 | US Storage - Harbor City, CA | 514,299 | 231,426 | 282,873 | 0 | 282,873 | N | ||||||
22 | 601 Hudson Street | NAV | NAV | NAV | NAV | NAV | N | ||||||
23 | Custer Park | 1,816,794 | 725,012 | 1,091,783 | 1,218 | 1,090,565 | N | Gotta Dance | 5,777 | 5.0% | 7/31/2019 | ||
24 | One River Place | 5,000,001 | 1,004,140 | 3,995,861 | 116,364 | 3,879,497 | N | AAA Club Alliance Inc. | 157,273 | 100.0% | 6/30/2035 | ||
25 | 1302-1316 Montana Avenue | 1,230,840 | 347,158 | 883,682 | 0 | 883,682 | N | Side Porch Production | 5,333 | 33.5% | 8/31/2022 | ||
26 | AAA Storage | 1,786,987 | 645,780 | 1,141,207 | 0 | 1,141,207 | N | ||||||
27 | La Puente Yard | NAV | NAV | NAV | NAV | NAV | N | Fleet Yards, Inc | 415,121 | 100.0% | 7/31/2028 | ||
28 | Rockaway Commons | 1,984,299 | 529,097 | 1,455,202 | 0 | 1,455,202 | N | Huffman Koos Furniture | 32,561 | 37.6% | 7/31/2031 | ||
29 | Staybridge Suites - Oconomowoc | 2,997,880 | 1,776,010 | 1,221,870 | 29,965 | 1,191,905 | 102 | 63 | N | ||||
30 | Holland Art Van | NAV | NAV | NAV | NAV | NAV | N | Art Van | 91,388 | 100.0% | 3/31/2037 | ||
31 | Country Inn & Suites - Orlando | 3,235,930 | 2,551,987 | 683,943 | 0 | 683,943 | 72 | 52 | N | ||||
32 | Woodmen Corporate Center | 272,126 | 538,031 | -265,905 | 0 | -265,905 | N | Delta Solutions & Strategies, LLC | 15,195 | 14.2% | 6/30/2023 | ||
33 | Westpointe Retail Center | 1,222,140 | 384,595 | 837,545 | 0 | 837,545 | N | First Watch E&I Restaurant Group, LLC | 3,850 | 12.9% | 12/31/2023 | ||
34 | Homewood Suites Laredo | 2,848,369 | 1,852,569 | 995,800 | 0 | 995,800 | 101 | 73 | N | ||||
35 | OKC MHP Portfolio | 1,035,046 | 566,244 | 468,801 | 16,100 | 452,701 | Y | ||||||
35.01 | El Reno MHP | 496,676 | 306,637 | 190,039 | 6,900 | 183,139 | Y | ||||||
35.02 | Sunnylane MHP | 277,054 | 153,815 | 123,239 | 4,800 | 118,439 | Y | ||||||
35.03 | Skyview MHP | 261,315 | 105,792 | 155,523 | 4,400 | 151,123 | Y | ||||||
36 | Heatherstone Apartments | 1,592,304 | 993,307 | 598,996 | 0 | 598,996 | N | ||||||
37 | Jewel-Osco Elgin | NAV | NAV | NAV | NAV | NAV | N | New Albertsons L.P. (dba Jewel-Osco) | 69,129 | 100.0% | 1/31/2038 | ||
38 | 19501 South Santa Fe Avenue | 720,000 | 0 | 720,000 | 0 | 720,000 | N | General Petroleum Corporation | 71,250 | 100.0% | 12/31/2033 | ||
39 | Stoneridge III | 1,086,090 | 532,392 | 553,698 | 0 | 553,698 | N | Resnick Law | 12,811 | 21.0% | 4/30/2024 | ||
40 | East North Self Storage | 763,909 | 205,512 | 558,397 | 0 | 558,397 | N | ||||||
41 | Central Park Apartments | 655,950 | 352,234 | 303,715 | 0 | 303,715 | N | ||||||
42 | Hampton Inn Brevard | 2,332,229 | 1,305,987 | 1,026,242 | 93,289 | 932,953 | 109 | 80 | N | ||||
43 | Too Much Self Storage | 792,470 | 193,687 | 598,783 | 0 | 598,783 | N | ||||||
44 | Shadow Glen Apartments | 654,953 | 190,991 | 463,962 | 0 | 463,962 | N | ||||||
45 | 599 Johnson Ave | NAV | NAV | NAV | NAV | NAV | N | Elsewhere | 20,214 | 73.7% | 8/31/2026 | ||
46 | 659 Broadway | NAV | NAV | NAV | NAV | NAV | Y | Blades Skate and Apparel | 4,876 | 100.0% | 1/31/2027 | ||
47 | 100 Gardner Park | NAV | NAV | NAV | NAV | NAV | N | Atlantic Tape Company, Inc. | 70,000 | 53.9% | 1/31/2028 | ||
48 | St. Lucie MHC | 936,372 | 395,710 | 540,662 | 0 | 540,662 | N | ||||||
49 | Carrington Ridge Phase II | N | |||||||||||
50 | Tolip Apartments | 826,964 | 419,323 | 407,641 | 0 | 407,641 | N | ||||||
51 | Howard Park Plaza- CA | 796,758 | 234,237 | 562,521 | 0 | 562,521 | N | Save Mart #77 | 44,645 | 45.3% | 11/30/2022 | ||
52 | Holiday Park MHC | 698,771 | 265,117 | 433,654 | 0 | 433,654 | Y | ||||||
53 | Coach Post MHC | NAV | NAV | NAV | NAV | NAV | N | ||||||
54 | Telegraph Budget Storage | NAV | NAV | NAV | NAV | NAV | N | ||||||
55 | Spencer Mini Storage | 615,221 | 340,776 | 274,445 | 0 | 274,445 | N | ||||||
56 | Colony MHC | 311,072 | 125,951 | 185,122 | 0 | 185,122 | Y | ||||||
57 | GA MHC Portfolio | 421,617 | 126,127 | 295,490 | 0 | 295,490 | Y | ||||||
57.01 | Deer Run II MHC | 172,781 | 37,075 | 135,706 | 0 | 135,706 | Y | ||||||
57.02 | EagleTrace/Shade Tree Village | 248,836 | 89,052 | 159,784 | 0 | 159,784 | Y | ||||||
58 | 16755 Baseline | 339,718 | 109,754 | 229,964 | 0 | 229,964 | N | Biscuits | 2,400 | 20.0% | 8/31/2022 | ||
59 | Starbucks - North Cicero | NAV | NAV | NAV | NAV | NAV | N | Starbucks | 2,500 | 100.0% | 8/31/2028 | ||
60 | 2218 Old Middlefield Way | 292,873 | 38,357 | 254,515 | 0 | 254,515 | N | Serene Hu | 2,610 | 25.3% | 5/31/2021 | ||
61 | Ridgewood MHC | 243,441 | 93,980 | 149,461 | 0 | 149,461 | N | ||||||
62 | Archwood Apartments | 240,637 | 150,016 | 90,621 | 0 | 90,621 | N | ||||||
63 | Dollar General New Hampton | N | Dollar General | 9,002 | 100.0% | 9/30/2033 | |||||||
64 | Dollar General Pinconning | N | Dollar General | 9,026 | 100.0% | 9/30/2033 |
A-1-8
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | 2nd Largest Tenant Name(9)(12) | 2nd Largest Tenant Sq. Ft. | 2nd Largest Tenant % of NRA | 2nd Largest Tenant Exp. Date | 3rd Largest Tenant Name(9)(12)(13) | 3rd Largest Tenant Sq. Ft. | 3rd Largest Tenant % of NRA | 3rd Largest Tenant Exp. Date | 4th Largest Tenant Name(12) | 4th Largest Tenant Sq. Ft. | 4th Largest Tenant % of NRA |
1 | Innisfree Portfolio | |||||||||||
1.01 | Hilton Garden Inn Fort Walton Beach | |||||||||||
1.02 | Holiday Inn Fort Walton Beach | |||||||||||
2 | Bristow Center | CVS | 12,900 | 8.2% | 1/31/2030 | Minnieland Private Day School | 11,500 | 7.3% | 6/30/2030 | Anytime Fitness | 4,963 | 3.1% |
3 | Residence Inn Denver City Center | |||||||||||
4 | Shops at Trace Fork | Dick’s Sporting Goods | 48,000 | 13.1% | 1/31/2020 | Best Buy | 32,150 | 8.7% | 1/31/2022 | Marshalls | 30,500 | 8.3% |
5 | 575 Maryville | Eastman | 46,086 | 18.2% | 9/30/2023 | Century Link | 45,807 | 18.1% | 6/30/2022 | Maryville University | 16,417 | 6.5% |
6 | Grapevine Station | |||||||||||
7 | Nostrand Avenue Shopping Center | Blink Fitness | 16,633 | 20.5% | 6/30/2029 | Rite Aid | 12,434 | 15.4% | 6/30/2024 | Party City | 10,000 | 12.3% |
8 | Roseville Shopping Center | W Salon Suites | 13,114 | 13.5% | 3/31/2029 | Big 5 Sporting Goods | 10,000 | 10.3% | 1/31/2021 | Chevy’s Mexican Restaurant | 6,500 | 6.7% |
9 | Northchase Office Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various |
9.01 | Northchase | CMI Limited Co. | 14,484 | 17.0% | 4/30/2020 | MFG.com | 9,277 | 10.9% | 4/30/2020 | Pinkerton & Laws of Georgia | 8,093 | 9.5% |
9.02 | Crestwood | Paranet Corporation Services, INC | 7,356 | 7.9% | 3/31/2022 | M & S Home Care Services, Inc. | 5,228 | 5.6% | 2/28/2020 | Anderson Daymon Worldwide, LLC | 5,059 | 5.4% |
9.03 | Mansell | Medlytix, Inc. | 12,149 | 15.8% | 6/30/2021 | Factor Trust, Inc. | 11,858 | 15.4% | 7/31/2020 | Keller Williams Realty Consultants, LLC | 10,713 | 13.9% |
10 | Catania Pasadena | |||||||||||
11 | Merge Office | ADR Management | 11,657 | 9.0% | 2/28/2026 | Sun Engineering | 11,600 | 8.9% | 9/30/2021 | CAM Commerce Solutions | 7,149 | 5.5% |
12 | DoubleTree Leominster | |||||||||||
13 | Dominion Tower | Trader Interactive LLC | 39,081 | 9.7% | 12/31/2025 | Harbor Group | 26,037 | 6.5% | 3/31/2026 | New York Life Insurance | 24,813 | 6.2% |
14 | Tristone Flowtech USA | |||||||||||
15 | StaxUp Self Storage - San Ysidro | |||||||||||
16 | The Edge Apartments | |||||||||||
17 | Radisson Yuma | |||||||||||
18 | Proguard Self Storage - Braeswood | |||||||||||
19 | Florissant Marketplace | Gold’s Gym | 40,154 | 27.5% | 10/31/2022 | Pet Supplies Plus | 7,500 | 5.1% | 12/31/2028 | Bandana’s B-B-Q | 5,500 | 3.8% |
20 | 9th Street Marketplace | Ace Hardware | 12,871 | 20.6% | 7/31/2027 | Apex Dental Murray, LLC | 2,681 | 4.3% | 8/31/2020 | Greek Souvlaki | 2,455 | 3.9% |
21 | Westport US Storage NY & CA | |||||||||||
21.01 | US Storage - Hawthorne, NY | |||||||||||
21.02 | US Storage - Harbor City, CA | |||||||||||
22 | 601 Hudson Street | |||||||||||
23 | Custer Park | Dhyana Yoga | 5,618 | 4.8% | 6/30/2021 | Plano Martial Arts | 5,212 | 4.5% | 10/31/2021 | Woof…cool stuff for dogs | 4,200 | 3.6% |
24 | One River Place | |||||||||||
25 | 1302-1316 Montana Avenue | Chico’s FAS | 2,682 | 16.9% | 3/31/2021 | David Wallechinsky | 2,622 | 16.5% | 7/31/2019 | Sweaty Betty | 1,362 | 8.6% |
26 | AAA Storage | |||||||||||
27 | La Puente Yard | |||||||||||
28 | Rockaway Commons | Aldi | 16,982 | 19.6% | 6/30/2023 | Walgreens | 14,820 | 17.1% | 1/31/2081 | Goodwill | 13,687 | 15.8% |
29 | Staybridge Suites - Oconomowoc | |||||||||||
30 | Holland Art Van | |||||||||||
31 | Country Inn & Suites - Orlando | |||||||||||
32 | Woodmen Corporate Center | Maxim Healthcare Services, Inc. | 13,212 | 12.3% | 11/30/2024 | Leidos, Inc. | 9,510 | 8.9% | 1/31/2023 | Physician Health Partners, LLC | 7,889 | 7.4% |
33 | Westpointe Retail Center | Kalra Investments, Inc. | 3,300 | 11.1% | 6/30/2024 | Tavistock Freebirds, LLC | 2,520 | 8.4% | 1/31/2020 | Five Guys Properties, LLC | 2,500 | 8.4% |
34 | Homewood Suites Laredo | |||||||||||
35 | OKC MHP Portfolio | |||||||||||
35.01 | El Reno MHP | |||||||||||
35.02 | Sunnylane MHP | |||||||||||
35.03 | Skyview MHP | |||||||||||
36 | Heatherstone Apartments | |||||||||||
37 | Jewel-Osco Elgin | |||||||||||
38 | 19501 South Santa Fe Avenue | |||||||||||
39 | Stoneridge III | REI Investment Group Inc | 7,180 | 11.8% | 12/31/2025 | Financial Independence, LLC | 4,636 | 7.6% | 4/30/2026 | Alidade Capital, LLC | 4,540 | 7.4% |
40 | East North Self Storage | |||||||||||
41 | Central Park Apartments | |||||||||||
42 | Hampton Inn Brevard | |||||||||||
43 | Too Much Self Storage | |||||||||||
44 | Shadow Glen Apartments | |||||||||||
45 | 599 Johnson Ave | Mission Chinese Food | 5,100 | 18.6% | 10/31/2027 | Brooklyn Record Exchange | 1,000 | 3.6% | 3/31/2028 | |||
46 | 659 Broadway | |||||||||||
47 | 100 Gardner Park | Flexiforce, LLC and Flexiforce Canada, Inc. | 35,120 | 27.0% | 5/31/2023 | Panasonic Automotive Systems Company of America | 24,741 | 19.1% | 10/31/2027 | |||
48 | St. Lucie MHC | |||||||||||
49 | Carrington Ridge Phase II | |||||||||||
50 | Tolip Apartments | |||||||||||
51 | Howard Park Plaza- CA | Second Generation Furniture, Inc. | 23,160 | 23.5% | 4/30/2020 | Andrew Guitierrez | 4,000 | 4.1% | MTM | Terri Felix | 3,800 | 3.9% |
52 | Holiday Park MHC | |||||||||||
53 | Coach Post MHC | |||||||||||
54 | Telegraph Budget Storage | |||||||||||
55 | Spencer Mini Storage | |||||||||||
56 | Colony MHC | |||||||||||
57 | GA MHC Portfolio | |||||||||||
57.01 | Deer Run II MHC | |||||||||||
57.02 | EagleTrace/Shade Tree Village | |||||||||||
58 | 16755 Baseline | Perledent Dental | 2,400 | 20.0% | 1/31/2021 | Urban Restaurants | 2,100 | 17.5% | 7/30/2022 | KSUP | 1,500 | 12.5% |
59 | Starbucks - North Cicero | |||||||||||
60 | 2218 Old Middlefield Way | Donald E. Ryan | 1,224 | 11.9% | 11/30/2019 | Mark Migdal | 1,200 | 11.6% | 4/30/2019 | Calvary Chapel Mount | 870 | 8.4% |
61 | Ridgewood MHC | |||||||||||
62 | Archwood Apartments | |||||||||||
63 | Dollar General New Hampton | |||||||||||
64 | Dollar General Pinconning |
A-1-9
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | 4th Largest Tenant Exp. Date | 5th Largest Tenant Name(12) | 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) | Loan Purpose |
1 | Innisfree Portfolio | 8/28/2018 | 8/30/2018 | N | Y | Refinance | ||||||||
1.01 | Hilton Garden Inn Fort Walton Beach | 8/28/2018 | 8/30/2018 | N | Y | |||||||||
1.02 | Holiday Inn Fort Walton Beach | 8/28/2018 | 8/30/2018 | N | Y | |||||||||
2 | Bristow Center | MTM | Novant Health Bull Run Family | 4,500 | 2.8% | 3/21/2021 | 11/21/2018 | 11/20/2018 | N | Y | Refinance | |||
3 | Residence Inn Denver City Center | 11/30/2018 | 10/4/2018 | N | Y | Acquisition | ||||||||
4 | Shops at Trace Fork | 3/31/2025 | PetSmart | 26,988 | 7.3% | 1/31/2020 | 11/5/2018 | 11/5/2018 | N | Y | Refinance | |||
5 | 575 Maryville | 10/31/2025 | 9/19/2018 | 9/18/2018 | N | Y | Acquisition | |||||||
6 | Grapevine Station | 11/16/2018 | 11/15/2018 | N | Y | Acquisition | ||||||||
7 | Nostrand Avenue Shopping Center | 6/30/2022 | Lucky Enterprises | 9,088 | 11.2% | 7/31/2028 | 11/15/2018 | 11/14/2018 | 12/20/2018 | N | Y | Acquisition | ||
8 | Roseville Shopping Center | 2/28/2021 | Fed Ex Office | 6,400 | 6.6% | 1/31/2022 | 11/14/2018 | 11/14/2018 | 6/11/2018 | 9/18/2018 | 4.0% | N | Y | Acquisition |
9 | Northchase Office Portfolio | Various | Various | Various | Various | Various | Various | Various | N | Y | Refinance | |||
9.01 | Northchase | 6/30/2019 | Legacy Data Access, LLC | 5,518 | 6.5% | 7/31/2021 | 11/8/2018 | 11/9/2018 | N | Y | ||||
9.02 | Crestwood | 3/31/2019 | Advanced Benefit Solutions | 4,485 | 4.8% | 6/30/2026 | 11/7/2018 | 11/8/2018 | N | Y | ||||
9.03 | Mansell | 11/30/2020 | Clickagy | 6,667 | 8.7% | 2/29/2024 | 11/8/2018 | 11/8/2018 | N | Y | ||||
10 | Catania Pasadena | 11/16/2018 | 11/19/2018 | 10/29/2018 | 12.0% | N | Y | Refinance | ||||||
11 | Merge Office | 8/31/2023 | Zim American | 6,390 | 4.9% | 7/31/2023 | 12/4/2018 | 12/4/2018 | 12/4/2018 | 8.0% | N | Y | Acquisition | |
12 | DoubleTree Leominster | 10/25/2018 | 10/24/2018 | N | Y | Refinance | ||||||||
13 | Dominion Tower | 7/31/2024 | Williams Mullen | 22,145 | 5.5% | 6/30/2021 | 11/14/2018 | 11/14/2018 | N | Y | Acquisition | |||
14 | Tristone Flowtech USA | 12/5/2018 | 12/5/2018 | N | Y | Acquisition | ||||||||
15 | StaxUp Self Storage - San Ysidro | 11/1/2018 | 11/1/2018 | 11/1/2018 | 8.0% | N | Y | Refinance | ||||||
16 | The Edge Apartments | 12/12/2018 | 12/12/2018 | N | Y | Refinance | ||||||||
17 | Radisson Yuma | 11/15/2018 | 11/15/2018 | 11/15/2018 | 5.0% | N | Y | Refinance | ||||||
18 | Proguard Self Storage - Braeswood | 11/27/2018 | 11/27/2018 | N | Y | Refinance | ||||||||
19 | Florissant Marketplace | 11/30/2022 | AAA | 4,125 | 2.8% | 4/30/2023 | 12/7/2018 | 12/6/2018 | N | Y | Acquisition | |||
20 | 9th Street Marketplace | 12/31/2020 | Addy & Olly | 2,172 | 3.5% | 3/31/2023 | 12/11/2018 | 12/11/2018 | 12/11/2018 | 12.0% | N | Y | Refinance | |
21 | Westport US Storage NY & CA | 11/8/2018 | 11/8/2018 | Various | Various | N | Y | Refinance | ||||||
21.01 | US Storage - Hawthorne, NY | 11/8/2018 | 11/8/2018 | N | Y | |||||||||
21.02 | US Storage - Harbor City, CA | 11/8/2018 | 11/8/2018 | 11/8/2018 | 7.0% | N | Y | |||||||
22 | 601 Hudson Street | 11/6/2018 | 11/6/2018 | N | Y | Refinance | ||||||||
23 | Custer Park | 4/30/2027 | First Watch (Egg and I) | 3,625 | 3.1% | 6/30/2022 | 9/17/2018 | 9/17/2018 | N | Y | Refinance | |||
24 | One River Place | 10/8/2018 | 10/8/2018 | N | Y | Refinance | ||||||||
25 | 1302-1316 Montana Avenue | 9/30/2020 | Hastens Furniture / Damon Capital LLC | 1,118 | 7.0% | 6/30/2020 | 12/17/2018 | 12/11/2018 | 12/11/2018 | 13.0% | N | Y | Refinance | |
26 | AAA Storage | 11/19/2018 | 11/19/2018 | N | Y | Refinance | ||||||||
27 | La Puente Yard | 12/17/2018 | 12/17/2018 | 12/17/2018 | 11.0% | N | Y | Refinance | ||||||
28 | Rockaway Commons | 1/31/2020 | TD Bank | 4,200 | 4.8% | 8/2/2026 | 11/30/2018 | 11/30/2018 | N | Y | Refinance | |||
29 | Staybridge Suites - Oconomowoc | 10/15/2018 | 10/15/2018 | N | Y | Acquisition | ||||||||
30 | Holland Art Van | 10/22/2018 | 8/22/2018 | N | Y | Acquisition | ||||||||
31 | Country Inn & Suites - Orlando | 11/15/2018 | 11/15/2018 | N | Y | Refinance | ||||||||
32 | Woodmen Corporate Center | 1/31/2026 | Bison Media, Inc. | 5,599 | 5.2% | 4/30/2023 | 11/15/2018 | 11/15/2018 | N | Y | Acquisition | |||
33 | Westpointe Retail Center | 1/31/2020 | CNL Wings X, Inc. | 1,800 | 6.0% | 12/31/2023 | 11/27/2018 | 11/26/2018 | N | Y | Refinance | |||
34 | Homewood Suites Laredo | 11/29/2019 | 11/29/2019 | N | Y | Acquisition | ||||||||
35 | OKC MHP Portfolio | 11/13/2018 | Various | N | Y | Acquisition | ||||||||
35.01 | El Reno MHP | 11/13/2018 | 11/5/2018 | N | Y | |||||||||
35.02 | Sunnylane MHP | 11/13/2018 | 11/9/2018 | N | Y | |||||||||
35.03 | Skyview MHP | 11/13/2018 | 11/5/2018 | N | Y | |||||||||
36 | Heatherstone Apartments | 10/16/2018 | 10/16/2018 | N | Y | Refinance | ||||||||
37 | Jewel-Osco Elgin | 12/20/2018 | 11/14/2018 | N | Y | Acquisition | ||||||||
38 | 19501 South Santa Fe Avenue | 10/15/2018 | 10/22/2018 | 10/12/2018 | 18.0% | N | Y | Refinance | ||||||
39 | Stoneridge III | 3/31/2022 | North Star Partners LLC | 2,835 | 4.6% | 12/31/2023 | 1/10/2018 | 1/10/2018 | N | Y | Refinance | |||
40 | East North Self Storage | 11/14/2018 | 11/15/2018 | N | Y | Acquisition | ||||||||
41 | Central Park Apartments | 10/18/2018 | 10/24/2018 | N | Y | Refinance | ||||||||
42 | Hampton Inn Brevard | 12/11/2018 | 12/10/2018 | N | Y | Refinance | ||||||||
43 | Too Much Self Storage | 11/20/2018 | 11/21/2018 | N | Y | Acquisition | ||||||||
44 | Shadow Glen Apartments | 11/26/2018 | 11/27/2018 | 11/27/2018 | 5.0% | N | Y | Refinance | ||||||
45 | 599 Johnson Ave | 1/12/2018 | 1/12/2018 | N | Y | Refinance | ||||||||
46 | 659 Broadway | 10/3/2018 | 10/8/2018 | N | Y | Refinance | ||||||||
47 | 100 Gardner Park | 11/29/2018 | 11/29/2018 | N | Y | Acquisition | ||||||||
48 | St. Lucie MHC | 10/2/2018 | 10/2/2018 | N | Y | Refinance | ||||||||
49 | Carrington Ridge Phase II | 10/17/2018 | 10/16/2018 | N | Y | Refinance | ||||||||
50 | Tolip Apartments | 12/10/2018 | 12/10/2018 | N | Y | Refinance | ||||||||
51 | Howard Park Plaza- CA | 11/30/2021 | Stacey Dewall | 3,219 | 3.3% | 9/14/2021 | 11/26/2018 | 11/26/2018 | 7.0% | N | Y | Refinance | ||
52 | Holiday Park MHC | 11/29/2018 | 11/29/2018 | N | Y | Acquisition | ||||||||
53 | Coach Post MHC | 9/27/2018 | 9/27/2018 | 9/27/2018 | 13.0% | N | Y | Refinance | ||||||
54 | Telegraph Budget Storage | 11/26/2018 | 12/10/2018 | N | Y | Refinance | ||||||||
55 | Spencer Mini Storage | 11/20/2018 | 11/20/2018 | N | Y | Acquisition | ||||||||
56 | Colony MHC | 12/13/2018 | 12/13/2018 | N | Y | Acquisition | ||||||||
57 | GA MHC Portfolio | 5/18/2018 | 5/18/2018 | N | Y | Refinance | ||||||||
57.01 | Deer Run II MHC | 5/18/2018 | 5/18/2018 | N | Y | |||||||||
57.02 | EagleTrace/Shade Tree Village | 5/18/2018 | 5/18/2018 | N | Y | |||||||||
58 | 16755 Baseline | 2/28/2023 | Thi Truong | 1,200 | 10.0% | 5/31/2020 | 11/21/2018 | 11/21/2018 | 8.0% | N | Y | Acquisition | ||
59 | Starbucks - North Cicero | 11/20/2018 | 10/22/2018 | N | Y | Acquisition | ||||||||
60 | 2218 Old Middlefield Way | 3/31/2021 | Alla Viksne | 870 | 8.4% | 9/30/2019 | 7/10/2018 | 7/10/2018 | 18.0% | N | Y | Refinance | ||
61 | Ridgewood MHC | 5/31/2018 | 5/31/2018 | N | Y | Acquisition | ||||||||
62 | Archwood Apartments | 11/29/2018 | N | Y | Acquisition | |||||||||
63 | Dollar General New Hampton | 10/17/2018 | 10/17/2018 | N | Y | Acquisition | ||||||||
64 | Dollar General Pinconning | 10/16/2018 | 10/17/2018 | N | Y | Acquisition |
A-1-10
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | 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 ($) |
1 | Innisfree Portfolio | 0 | 131,683 | 43,894 | Cash | 213,199 | 23,689 | Cash | 0 | ||
1.01 | Hilton Garden Inn Fort Walton Beach | ||||||||||
1.02 | Holiday Inn Fort Walton Beach | ||||||||||
2 | Bristow Center | 0 | 112,298 | 56,150 | Cash | 0 | Springing | 0 | |||
3 | Residence Inn Denver City Center | 0 | 457,128 | 65,304 | Cash | 0 | Springing | 0 | |||
4 | Shops at Trace Fork | 0 | 0 | Springing | 0 | Springing | 0 | ||||
5 | 575 Maryville | 0 | 69,633 | 69,633 | Cash | 0 | Springing | 200,000 | |||
6 | Grapevine Station | 0 | 92,787 | 92,787 | Cash | 0 | Springing | 0 | |||
7 | Nostrand Avenue Shopping Center | 4,688 | 62,569 | 62,569 | Cash | 0 | Springing | 0 | |||
8 | Roseville Shopping Center | 9,275 | 89,325 | 28,357 | Cash | 15,001 | 2,857 | Cash | 0 | ||
9 | Northchase Office Portfolio | 44,750 | 163,808 | 30,676 | Cash | 0 | Springing | 0 | |||
9.01 | Northchase | ||||||||||
9.02 | Crestwood | ||||||||||
9.03 | Mansell | ||||||||||
10 | Catania Pasadena | 0 | 0 | Springing | 0 | Springing | 0 | ||||
11 | Merge Office | 0 | 124,624 | 31,156 | Cash | 0 | Springing | 0 | |||
12 | DoubleTree Leominster | 0 | 16,051 | 16,051 | Cash | 0 | Springing | 0 | |||
13 | Dominion Tower | 900,015 | 0 | 62,980 | Cash | 70,075 | 7,786 | Cash | 0 | ||
14 | Tristone Flowtech USA | 0 | 0 | Springing | 0 | Springing | 0 | ||||
15 | StaxUp Self Storage - San Ysidro | 0 | 34,539 | 11,513 | Cash | 0 | Springing | 0 | |||
16 | The Edge Apartments | 29,880 | 44,959 | 14,986 | Cash | 49,778 | 5,531 | Cash | 275,000 | ||
17 | Radisson Yuma | 0 | 14,508 | 14,508 | Cash | 13,567 | 4,522 | Cash | 0 | ||
18 | Proguard Self Storage - Braeswood | 0 | 35,106 | 35,106 | Cash | 15,304 | 3,826 | Cash | 0 | ||
19 | Florissant Marketplace | 41,088 | 98,411 | 47,772 | Cash | 9,167 | 4,365 | Cash | 0 | ||
20 | 9th Street Marketplace | 0 | 15,456 | 5,152 | Cash | 0 | Springing | 0 | |||
21 | Westport US Storage NY & CA | 0 | 0 | Springing | 0 | Springing | 0 | ||||
21.01 | US Storage - Hawthorne, NY | ||||||||||
21.02 | US Storage - Harbor City, CA | ||||||||||
22 | 601 Hudson Street | 0 | 57,919 | 19,306 | Cash | 3,732 | 415 | Cash | 7,500 | ||
23 | Custer Park | 205,031 | 0 | 24,855 | Cash | 28,908 | Springing | Cash | 0 | ||
24 | One River Place | 0 | 0 | Springing | 0 | Springing | 0 | ||||
25 | 1302-1316 Montana Avenue | 0 | 0 | 3,778 | Cash | 0 | Springing | 0 | |||
26 | AAA Storage | 0 | 26,559 | 6,640 | Cash | 11,895 | 1,487 | Cash | 0 | ||
27 | La Puente Yard | 0 | 0 | Springing | 0 | Springing | 0 | ||||
28 | Rockaway Commons | 74,863 | 133,744 | 31,844 | Cash | 43,834 | 2,922 | Cash | 0 | ||
29 | Staybridge Suites - Oconomowoc | 10,500 | 60,500 | 10,083 | Cash | 9,108 | 4,554 | Cash | 5,979 | ||
30 | Holland Art Van | 0 | 0 | Springing | 0 | Springing | 0 | ||||
31 | Country Inn & Suites - Orlando | 0 | 57,990 | 13,807 | Cash | 10,740 | 5,114 | Cash | 0 | ||
32 | Woodmen Corporate Center | 0 | 112,893 | 10,263 | Cash | 3,923 | 3,923 | Cash | 0 | ||
33 | Westpointe Retail Center | 0 | 19,572 | 19,572 | Cash | 10,920 | 2,184 | Cash | 0 | ||
34 | Homewood Suites Laredo | 0 | 106,724 | 15,246 | Cash | 2,778 | 2,778 | Cash | 0 | ||
35 | OKC MHP Portfolio | 62,533 | 3,274 | 3,274 | Cash | 9,007 | 3,002 | Cash | 1,484 | ||
35.01 | El Reno MHP | ||||||||||
35.02 | Sunnylane MHP | ||||||||||
35.03 | Skyview MHP | ||||||||||
36 | Heatherstone Apartments | 249,991 | 30,031 | 9,534 | Cash | 55,801 | 6,643 | Cash | 250,000 | ||
37 | Jewel-Osco Elgin | 11,625 | 0 | Springing | 2,686 | 1,279 | Cash | 0 | |||
38 | 19501 South Santa Fe Avenue | 0 | 0 | Springing | 0 | Springing | 23,811 | ||||
39 | Stoneridge III | 0 | 59,051 | 11,810 | Cash | 11,955 | 1,195 | Cash | 1,018 | ||
40 | East North Self Storage | 0 | 0 | 3,172 | Cash | 1,865 | 355 | Cash | 0 | ||
41 | Central Park Apartments | 0 | 22,264 | 7,421 | Cash | 17,791 | 3,558 | Cash | 0 | ||
42 | Hampton Inn Brevard | 0 | 13,059 | 4,146 | Cash | 8,576 | 1,021 | Cash | 0 | ||
43 | Too Much Self Storage | 0 | 17,368 | 4,342 | Cash | 4,320 | 1,080 | Cash | 0 | ||
44 | Shadow Glen Apartments | 14,500 | 18,009 | 4,288 | Cash | 3,924 | 1,246 | Cash | 0 | ||
45 | 599 Johnson Ave | 0 | 8,768 | 4,384 | Cash | 23,153 | 2,894 | Cash | 0 | ||
46 | 659 Broadway | 0 | 0 | Springing | 0 | Springing | 0 | ||||
47 | 100 Gardner Park | 0 | 30,405 | 7,601 | Cash | 8,040 | 2,680 | Cash | 0 | ||
48 | St. Lucie MHC | 5,938 | 12,218 | 4,073 | Cash | 0 | Springing | 0 | |||
49 | Carrington Ridge Phase II | 0 | 3,149 | 525 | Cash | 6,712 | 516 | Cash | 0 | ||
50 | Tolip Apartments | 44,688 | 32,141 | 16,071 | Cash | 14,114 | 2,823 | Cash | 2,675 | ||
51 | Howard Park Plaza- CA | 16,250 | 0 | Springing | 0 | Springing | 0 | ||||
52 | Holiday Park MHC | 0 | 16,362 | 5,454 | Cash | 4,184 | 598 | Cash | 1,033 | ||
53 | Coach Post MHC | 31,125 | 12,955 | 2,591 | Cash | 2,102 | 234 | Cash | 313 | ||
54 | Telegraph Budget Storage | 0 | 21,375 | 4,275 | Cash | 0 | Springing | 0 | |||
55 | Spencer Mini Storage | 32,350 | 0 | Springing | 0 | Springing | 0 | ||||
56 | Colony MHC | 109,375 | 20,556 | 6,852 | Cash | 3,294 | 1,568 | Cash | 0 | ||
57 | GA MHC Portfolio | 19,063 | 5,965 | 497 | Cash | 14,374 | 1,198 | Cash | 658 | ||
57.01 | Deer Run II MHC | ||||||||||
57.02 | EagleTrace/Shade Tree Village | ||||||||||
58 | 16755 Baseline | 0 | 17,765 | 4,441 | Cash | 908 | 454 | Cash | 0 | ||
59 | Starbucks - North Cicero | 0 | 8,611 | 1,722 | Cash | 530 | 265 | Cash | 0 | ||
60 | 2218 Old Middlefield Way | 0 | 1,494 | 497 | Cash | 3,059 | 765 | Cash | 0 | ||
61 | Ridgewood MHC | 25,000 | 0 | 2,745 | Cash | 941 | 471 | Cash | 250 | ||
62 | Archwood Apartments | 0 | 1,473 | 1,473 | Cash | 1,391 | 1,391 | Cash | 50,000 | ||
63 | Dollar General New Hampton | 0 | 4,000 | 333 | Cash | 0 | Springing | 0 | |||
64 | Dollar General Pinconning | 0 | 4,000 | 333 | Cash | 0 | Springing | 0 |
A-1-11
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Monthly Replacement Reserve ($)(15) | Replacement Reserve Cap ($) | Replacement Reserve Escrow - Cash or LoC | Replacement Reserve Escrow - LoC Counterparty | Upfront TI/LC Reserve ($)(16) | Monthly TI/LC Reserve ($)(15)(16) | TI/LC Reserve Cap ($) | TI/LC Escrow - Cash or LoC |
1 | Innisfree Portfolio | 1/12 of 4% of gross revenue | 0 | Cash | 0 | 0 | 0 | ||
1.01 | Hilton Garden Inn Fort Walton Beach | ||||||||
1.02 | Holiday Inn Fort Walton Beach | ||||||||
2 | Bristow Center | 1,581 | 0 | Cash | 250,000 | 13,174 | 500,000 | Cash | |
3 | Residence Inn Denver City Center | 42,391 | 0 | Cash | 0 | 0 | 0 | ||
4 | Shops at Trace Fork | Springing | 0 | 0 | Springing | 918,650 | |||
5 | 575 Maryville | 4,301 | 0 | Cash | 0 | 32,256 | 0 | Cash | |
6 | Grapevine Station | 5,688 | 0 | Cash | 0 | 0 | 0 | ||
7 | Nostrand Avenue Shopping Center | 1,012 | 60,743 | Cash | 0 | 6,749 | 242,973 | Cash | |
8 | Roseville Shopping Center | 1,210 | 43,556 | Cash | 0 | 4,840 | 174,224 | Cash | |
9 | Northchase Office Portfolio | 5,405 | 0 | Cash | 271,000 | 20,833 | 750,000 | Cash | |
9.01 | Northchase | ||||||||
9.02 | Crestwood | ||||||||
9.03 | Mansell | ||||||||
10 | Catania Pasadena | Springing | 0 | 0 | 0 | 0 | |||
11 | Merge Office | 2,161 | 77,796 | Cash | 100,000 | 10,805 | 388,698 | Cash | |
12 | DoubleTree Leominster | 32,717 | 0 | Cash | 0 | 0 | 0 | ||
13 | Dominion Tower | 5,041 | 0 | Cash | 62,020 | 33,773 | 0 | Cash | |
14 | Tristone Flowtech USA | Springing | 0 | 0 | 0 | 0 | |||
15 | StaxUp Self Storage - San Ysidro | 2,983 | 107,394 | Cash | 0 | 0 | 0 | ||
16 | The Edge Apartments | 3,150 | 0 | Cash | 0 | 0 | 0 | ||
17 | Radisson Yuma | 1/12 of 4% of gross revenue | 0 | Cash | 0 | 0 | 0 | ||
18 | Proguard Self Storage - Braeswood | 1,473 | 53,000 | Cash | 0 | 0 | 0 | ||
19 | Florissant Marketplace | 1,828 | 0 | Cash | 500,000 | 12,188 | 1,000,000 | LoC | |
20 | 9th Street Marketplace | 1,043; Springing | 37,533 | Cash | 0 | 3,388; Springing | 200,000 | Cash | |
21 | Westport US Storage NY & CA | Springing | 0 | 0 | 0 | 0 | |||
21.01 | US Storage - Hawthorne, NY | ||||||||
21.02 | US Storage - Harbor City, CA | ||||||||
22 | 601 Hudson Street | Springing | 0 | Cash | 10,000 | Springing | 0 | Cash | |
23 | Custer Park | 1,449 | 0 | Cash | 500,000 | Springing | 750,000 | Cash | |
24 | One River Place | Springing | 0 | 0 | Springing | 0 | |||
25 | 1302-1316 Montana Avenue | 0 | 0 | 0 | 0 | 0 | |||
26 | AAA Storage | Springing | 0 | 0 | 0 | 0 | |||
27 | La Puente Yard | 3,459 | 0 | Cash | 0 | 0 | 0 | ||
28 | Rockaway Commons | 1,083 | 0 | Cash | 500,000 | 2,887 | 500,000 | Cash | |
29 | Staybridge Suites - Oconomowoc | 5,979 | 0 | Cash | 0 | 0 | 0 | ||
30 | Holland Art Van | 0 | 0 | 0 | 0 | 0 | |||
31 | Country Inn & Suites - Orlando | 12,945 | 0 | Cash | 0 | 0 | 0 | ||
32 | Woodmen Corporate Center | 1,516 | 0 | Cash | 650,000 | 17,416 | 400,000 | Cash | |
33 | Westpointe Retail Center | 448 | 16,128 | Cash | 150,000 | 2,886 | 150,000 | Cash | |
34 | Homewood Suites Laredo | 1/12 of 2% of gross revenue for the first two years of the loan term; 1/12 of 4% of gross revenue thereafter | 0 | Cash | 0 | 0 | 0 | ||
35 | OKC MHP Portfolio | 1,483 | 0 | Cash | 0 | 0 | 0 | ||
35.01 | El Reno MHP | ||||||||
35.02 | Sunnylane MHP | ||||||||
35.03 | Skyview MHP | ||||||||
36 | Heatherstone Apartments | 6,300 | 400,000 | Cash | 0 | 0 | 0 | ||
37 | Jewel-Osco Elgin | Springing | 0 | 0 | Springing | 0 | |||
38 | 19501 South Santa Fe Avenue | 661; Springing | 23,811 | Cash | 142,500 | 5,938 | 142,500 | Cash | |
39 | Stoneridge III | 1,018 | 0 | Cash | 5,655 | 5,655 | 0 | Cash | |
40 | East North Self Storage | 893 | 0 | Cash | 0 | 0 | 0 | ||
41 | Central Park Apartments | 1,917 | 0 | Cash | 0 | 0 | 0 | ||
42 | Hampton Inn Brevard | 3,233 | 0 | Cash | 0 | 0 | 0 | ||
43 | Too Much Self Storage | 944 | 22,650 | Cash | 0 | 0 | 0 | ||
44 | Shadow Glen Apartments | 1,063 | 0 | Cash | 0 | 0 | 0 | ||
45 | 599 Johnson Ave | 337 | 0 | Cash | 0 | 1,688 | 0 | Cash | |
46 | 659 Broadway | Springing | 0 | 0 | 0 | 0 | |||
47 | 100 Gardner Park | 1,623 | 0 | Cash | 0 | 3,205 | 0 | Cash | |
48 | St. Lucie MHC | 904 | 0 | Cash | 0 | 0 | 0 | ||
49 | Carrington Ridge Phase II | 750 | 0 | Cash | 0 | 0 | 0 | ||
50 | Tolip Apartments | 2,675 | 0 | Cash | 0 | 0 | 0 | ||
51 | Howard Park Plaza- CA | 1,642 | 0 | Cash | 0 | 4,106; Springing | 75,000 | Cash | |
52 | Holiday Park MHC | 1,033 | 0 | Cash | 0 | 0 | 0 | ||
53 | Coach Post MHC | 313 | 0 | Cash | 0 | 0 | 0 | ||
54 | Telegraph Budget Storage | 767 | 50,000 | Cash | 0 | 0 | 0 | ||
55 | Spencer Mini Storage | Springing | 0 | 0 | 0 | 0 | |||
56 | Colony MHC | 596 | 0 | Cash | 0 | 0 | 0 | ||
57 | GA MHC Portfolio | 658 | 0 | Cash | 0 | 0 | 0 | ||
57.01 | Deer Run II MHC | ||||||||
57.02 | EagleTrace/Shade Tree Village | ||||||||
58 | 16755 Baseline | 200; Springing | 10,000 | Cash | 50,000 | 800 | 0 | Cash | |
59 | Starbucks - North Cicero | Springing | 0 | 125,000 | 417 | 0 | Cash | ||
60 | 2218 Old Middlefield Way | 206 | 5,668 | Cash | 50,000 | 787 | 50,000 | Cash | |
61 | Ridgewood MHC | 250 | 0 | Cash | 0 | 0 | 0 | ||
62 | Archwood Apartments | 917 | 0 | Cash | 0 | 0 | 0 | ||
63 | Dollar General New Hampton | 0 | 0 | 0 | 0 | 0 | |||
64 | Dollar General Pinconning | 0 | 0 | 0 | 0 | 0 |
A-1-12
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | 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(15) | Other Escrow I (Initial) ($)(6)(9)(15) |
1 | Innisfree Portfolio | 0 | 0 | Seasonality Reserve | 0 | |||
1.01 | Hilton Garden Inn Fort Walton Beach | |||||||
1.02 | Holiday Inn Fort Walton Beach | |||||||
2 | Bristow Center | 0 | 0 | 0 | ||||
3 | Residence Inn Denver City Center | 0 | 0 | PIP Reserve | 1,825,000 | |||
4 | Shops at Trace Fork | 0 | 0 | 0 | ||||
5 | 575 Maryville | 0 | 0 | Cushman Rollover Reserve ($1,560,919.23); Eastman Rollover Reserve ($150,000.00); Cushman Gap Rent Reserve ($344,312.00) | 2,055,231 | |||
6 | Grapevine Station | 0 | 0 | 0 | ||||
7 | Nostrand Avenue Shopping Center | 0 | 0 | Tenant Repair Reserve | 12,800 | |||
8 | Roseville Shopping Center | 0 | 0 | W Salon TI/LC Reserve ($972,929); Bloom Hearing Aid TI/LC Reserve ($45,936); Seven Salon TI/LC Reserve ($7,742) | 1,026,607 | |||
9 | Northchase Office Portfolio | 0 | 0 | Gap Rent Reserve | 66,819 | |||
9.01 | Northchase | |||||||
9.02 | Crestwood | |||||||
9.03 | Mansell | |||||||
10 | Catania Pasadena | 0 | 0 | 0 | ||||
11 | Merge Office | 0 | 0 | Rent Concession Reserve | 585,794 | |||
12 | DoubleTree Leominster | 0 | 0 | 0 | ||||
13 | Dominion Tower | 0 | 0 | Outstanding Landlord Obligations (Upfront Rollover Reserve ($3,165,469.22); Rent Abatement Reserve ($623,214)) | 3,788,683 | |||
14 | Tristone Flowtech USA | 63,741 | 0 | Cash | CM Avoidance Funds | 0 | ||
15 | StaxUp Self Storage - San Ysidro | 0 | 0 | 0 | ||||
16 | The Edge Apartments | 0 | 0 | 0 | ||||
17 | Radisson Yuma | 0 | 0 | Seasonality Reserve | 89,121 | |||
18 | Proguard Self Storage - Braeswood | 0 | 0 | 0 | ||||
19 | Florissant Marketplace | Morgan Stanley Bank, N.A. | 0 | 0 | TI/LC - Pet Supplies Plus | 450,000 | ||
20 | 9th Street Marketplace | 0 | 0 | 0 | ||||
21 | Westport US Storage NY & CA | 0 | 0 | 0 | ||||
21.01 | US Storage - Hawthorne, NY | |||||||
21.02 | US Storage - Harbor City, CA | |||||||
22 | 601 Hudson Street | 0 | 0 | 0 | ||||
23 | Custer Park | 0 | 0 | Ziti’s - Free Rent | 14,625 | |||
24 | One River Place | 0 | 0 | Tenant Obligation Reserve | 1,572,730 | |||
25 | 1302-1316 Montana Avenue | 0 | 0 | 0 | ||||
26 | AAA Storage | 0 | 0 | 0 | ||||
27 | La Puente Yard | 0 | 0 | Environmental Insurance Deductible Reserve | 25,000 | |||
28 | Rockaway Commons | 0 | 0 | Contractor Reserve | 220,000 | |||
29 | Staybridge Suites - Oconomowoc | 0 | 0 | PIP Reserve | 1,066,750 | |||
30 | Holland Art Van | 0 | 0 | 0 | ||||
31 | Country Inn & Suites - Orlando | 0 | 0 | PIP Reserve | 1,163,861 | |||
32 | Woodmen Corporate Center | 0 | 0 | 0 | ||||
33 | Westpointe Retail Center | 0 | 0 | 0 | ||||
34 | Homewood Suites Laredo | 0 | 0 | PIP Reserve | 2,015,059 | |||
35 | OKC MHP Portfolio | 0 | 0 | 0 | ||||
35.01 | El Reno MHP | |||||||
35.02 | Sunnylane MHP | |||||||
35.03 | Skyview MHP | |||||||
36 | Heatherstone Apartments | 0 | 0 | 0 | ||||
37 | Jewel-Osco Elgin | 0 | 0 | Roof Repair Fund | 211,406 | |||
38 | 19501 South Santa Fe Avenue | 0 | 0 | 0 | ||||
39 | Stoneridge III | 0 | 0 | Outstanding TI/LC Reserve | 148,251 | |||
40 | East North Self Storage | 0 | 0 | 0 | ||||
41 | Central Park Apartments | 49,293 | 0 | Cash | 0 | |||
42 | Hampton Inn Brevard | 0 | 0 | PIP Reserve | 778,482 | |||
43 | Too Much Self Storage | 0 | 0 | 0 | ||||
44 | Shadow Glen Apartments | 0 | 0 | 0 | ||||
45 | 599 Johnson Ave | 0 | 0 | 0 | ||||
46 | 659 Broadway | 0 | 0 | 0 | ||||
47 | 100 Gardner Park | 0 | 0 | 0 | ||||
48 | St. Lucie MHC | 0 | 0 | Relocation Reserve | 18,000 | |||
49 | Carrington Ridge Phase II | 0 | 0 | 0 | ||||
50 | Tolip Apartments | 0 | 0 | 0 | ||||
51 | Howard Park Plaza- CA | 0 | 0 | Roof Reserve | 295,638 | |||
52 | Holiday Park MHC | 0 | 0 | Home Purchase Reserve | 100,000 | |||
53 | Coach Post MHC | 0 | 0 | 0 | ||||
54 | Telegraph Budget Storage | 0 | 0 | 0 | ||||
55 | Spencer Mini Storage | 0 | 0 | 0 | ||||
56 | Colony MHC | 0 | 0 | POH Rehabilitation Reserve | 200,000 | |||
57 | GA MHC Portfolio | 0 | 0 | 0 | ||||
57.01 | Deer Run II MHC | |||||||
57.02 | EagleTrace/Shade Tree Village | |||||||
58 | 16755 Baseline | 0 | 0 | Specified Tenant Reserve | 0 | |||
59 | Starbucks - North Cicero | 0 | 0 | Tenant Work Order Reserve Fund | 625 | |||
60 | 2218 Old Middlefield Way | 0 | 0 | 0 | ||||
61 | Ridgewood MHC | 0 | 0 | 0 | ||||
62 | Archwood Apartments | 0 | 0 | 0 | ||||
63 | Dollar General New Hampton | 0 | 0 | 0 | ||||
64 | Dollar General Pinconning | 0 | 0 | 0 |
A-1-13
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | 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 |
1 | Innisfree Portfolio | Among both properties, on monthly payment dates from May to August, borrower will deposit an aggregate of $1,121,917 (represents the sum of the four months of deposits) and then will disburse an aggregate of $1,121,917 in the months from November through February to cover any shortfalls. Amounts are subject to change and adjusted on an annual basis based on lender discretion | 0 | Cash | Ground Rent Reserve; PIP Reserve | |
1.01 | Hilton Garden Inn Fort Walton Beach | |||||
1.02 | Holiday Inn Fort Walton Beach | |||||
2 | Bristow Center | 0 | 0 | |||
3 | Residence Inn Denver City Center | Springing | 0 | Cash | ||
4 | Shops at Trace Fork | 0 | 0 | |||
5 | 575 Maryville | 0 | 0 | Cash | Common Charges Reserve | |
6 | Grapevine Station | 0 | 0 | |||
7 | Nostrand Avenue Shopping Center | 0 | 0 | Cash | Outstanding TI Reserve ($83,165); Free Rent Reserve ($149,208) | |
8 | Roseville Shopping Center | 0 | 0 | Cash | W Salon Free Rent Reserve | |
9 | Northchase Office Portfolio | 0 | 0 | Cash | ||
9.01 | Northchase | |||||
9.02 | Crestwood | |||||
9.03 | Mansell | |||||
10 | Catania Pasadena | 0 | 0 | |||
11 | Merge Office | 0 | 0 | Cash | Existing TILC Reserve | |
12 | DoubleTree Leominster | 0 | 0 | |||
13 | Dominion Tower | 0 | 0 | Cash | ||
14 | Tristone Flowtech USA | Springing | 0 | |||
15 | StaxUp Self Storage - San Ysidro | 0 | 0 | |||
16 | The Edge Apartments | 0 | 0 | |||
17 | Radisson Yuma | On monthly payment dates from January to April borrower will deposit an aggregate of $133,681 (represents the sum of the four months of deposits) and then will disburse an aggregate of $133,681 in the months from June through September to cover any shortfalls. Amounts are subject to change and adjusted on an annual basis based on lender discretion | 0 | Cash | PIP Reserve | |
18 | Proguard Self Storage - Braeswood | 0 | 0 | |||
19 | Florissant Marketplace | 0 | 0 | Cash | Free Rent Reserve | |
20 | 9th Street Marketplace | 0 | 0 | |||
21 | Westport US Storage NY & CA | 0 | 0 | |||
21.01 | US Storage - Hawthorne, NY | |||||
21.02 | US Storage - Harbor City, CA | |||||
22 | 601 Hudson Street | 0 | 0 | |||
23 | Custer Park | 0 | 0 | Cash | ||
24 | One River Place | 0 | 0 | Cash | ||
25 | 1302-1316 Montana Avenue | 0 | 0 | |||
26 | AAA Storage | 0 | 0 | |||
27 | La Puente Yard | 0 | 0 | Cash | ||
28 | Rockaway Commons | 0 | 0 | Cash | ||
29 | Staybridge Suites - Oconomowoc | 0 | 0 | Cash | ||
30 | Holland Art Van | 0 | 0 | |||
31 | Country Inn & Suites - Orlando | 0 | 0 | Cash | Seasonality Reserve | |
32 | Woodmen Corporate Center | 0 | 0 | |||
33 | Westpointe Retail Center | 0 | 0 | |||
34 | Homewood Suites Laredo | 0 | 0 | Cash | ||
35 | OKC MHP Portfolio | 0 | 0 | |||
35.01 | El Reno MHP | |||||
35.02 | Sunnylane MHP | |||||
35.03 | Skyview MHP | |||||
36 | Heatherstone Apartments | 0 | 0 | |||
37 | Jewel-Osco Elgin | 0 | 0 | Cash | ||
38 | 19501 South Santa Fe Avenue | 0 | 0 | |||
39 | Stoneridge III | 0 | 0 | Cash | Free Rent Reserve | |
40 | East North Self Storage | 0 | 0 | |||
41 | Central Park Apartments | 0 | 0 | |||
42 | Hampton Inn Brevard | 0 | 0 | Cash | ||
43 | Too Much Self Storage | 0 | 0 | |||
44 | Shadow Glen Apartments | 0 | 0 | |||
45 | 599 Johnson Ave | 0 | 0 | |||
46 | 659 Broadway | 0 | 0 | |||
47 | 100 Gardner Park | 0 | 0 | |||
48 | St. Lucie MHC | 0 | 0 | Cash | ||
49 | Carrington Ridge Phase II | 0 | 0 | |||
50 | Tolip Apartments | 0 | 0 | |||
51 | Howard Park Plaza- CA | 0 | 0 | Cash | ||
52 | Holiday Park MHC | 0 | 0 | Cash | ||
53 | Coach Post MHC | 0 | 0 | |||
54 | Telegraph Budget Storage | 0 | 0 | |||
55 | Spencer Mini Storage | 0 | 0 | |||
56 | Colony MHC | 0 | 0 | Cash | Titling Reserve | |
57 | GA MHC Portfolio | 0 | 0 | |||
57.01 | Deer Run II MHC | |||||
57.02 | EagleTrace/Shade Tree Village | |||||
58 | 16755 Baseline | Springing | 0 | |||
59 | Starbucks - North Cicero | 0 | 0 | Cash | ||
60 | 2218 Old Middlefield Way | 0 | 0 | |||
61 | Ridgewood MHC | 0 | 0 | |||
62 | Archwood Apartments | 0 | 0 | |||
63 | Dollar General New Hampton | 0 | 0 | |||
64 | Dollar General Pinconning | 0 | 0 |
A-1-14
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Other Escrow II (Initial) ($)(6)(9) | Other Escrow II (Monthly) ($) | Other Escrow II Cap ($) | Other Escrow II Escrow - Cash or LoC |
1 | Innisfree Portfolio | 0 | On each monthly payment date the borrower will deposit the amount payable under the ground lease for the month immediately following the month in which such monthly payment date occurs. This amount is expected to be the greater of $25,000 per month for the portfolio or 3.25% of gross revenues for the applicable month. (minimum deposit is $300,000 each year under the ground lease and sublease, collectively) | 0 | Cash |
1.01 | Hilton Garden Inn Fort Walton Beach | ||||
1.02 | Holiday Inn Fort Walton Beach | ||||
2 | Bristow Center | 0 | 0 | 0 | |
3 | Residence Inn Denver City Center | 0 | 0 | 0 | |
4 | Shops at Trace Fork | 0 | 0 | 0 | |
5 | 575 Maryville | 45,730 | 3,518 | 0 | Cash |
6 | Grapevine Station | 0 | 0 | 0 | |
7 | Nostrand Avenue Shopping Center | 232,373 | 0 | 0 | Cash |
8 | Roseville Shopping Center | 93,913 | 0 | 0 | Cash |
9 | Northchase Office Portfolio | 0 | 0 | 0 | |
9.01 | Northchase | ||||
9.02 | Crestwood | ||||
9.03 | Mansell | ||||
10 | Catania Pasadena | 0 | 0 | 0 | |
11 | Merge Office | 1,147,015 | 0 | 0 | Cash |
12 | DoubleTree Leominster | 0 | 0 | 0 | |
13 | Dominion Tower | 0 | 0 | 0 | |
14 | Tristone Flowtech USA | 0 | 0 | 0 | |
15 | StaxUp Self Storage - San Ysidro | 0 | 0 | 0 | |
16 | The Edge Apartments | 0 | 0 | 0 | |
17 | Radisson Yuma | 50,000 | 0 | 0 | Cash |
18 | Proguard Self Storage - Braeswood | 0 | 0 | 0 | |
19 | Florissant Marketplace | 29,063 | 0 | 0 | Cash |
20 | 9th Street Marketplace | 0 | 0 | 0 | |
21 | Westport US Storage NY & CA | 0 | 0 | 0 | |
21.01 | US Storage - Hawthorne, NY | ||||
21.02 | US Storage - Harbor City, CA | ||||
22 | 601 Hudson Street | 0 | 0 | 0 | |
23 | Custer Park | 0 | 0 | 0 | |
24 | One River Place | 0 | 0 | 0 | |
25 | 1302-1316 Montana Avenue | 0 | 0 | 0 | |
26 | AAA Storage | 0 | 0 | 0 | |
27 | La Puente Yard | 0 | 0 | 0 | |
28 | Rockaway Commons | 0 | 0 | 0 | |
29 | Staybridge Suites - Oconomowoc | 0 | 0 | 0 | |
30 | Holland Art Van | 0 | 0 | 0 | |
31 | Country Inn & Suites - Orlando | 145,000 | 0 | 0 | Cash |
32 | Woodmen Corporate Center | 0 | 0 | 0 | |
33 | Westpointe Retail Center | 0 | 0 | 0 | |
34 | Homewood Suites Laredo | 0 | 0 | 0 | |
35 | OKC MHP Portfolio | 0 | 0 | 0 | |
35.01 | El Reno MHP | ||||
35.02 | Sunnylane MHP | ||||
35.03 | Skyview MHP | ||||
36 | Heatherstone Apartments | 0 | 0 | 0 | |
37 | Jewel-Osco Elgin | 0 | 0 | 0 | |
38 | 19501 South Santa Fe Avenue | 0 | 0 | 0 | |
39 | Stoneridge III | 40,178 | 0 | 0 | Cash |
40 | East North Self Storage | 0 | 0 | 0 | |
41 | Central Park Apartments | 0 | 0 | 0 | |
42 | Hampton Inn Brevard | 0 | 0 | 0 | |
43 | Too Much Self Storage | 0 | 0 | 0 | |
44 | Shadow Glen Apartments | 0 | 0 | 0 | |
45 | 599 Johnson Ave | 0 | 0 | 0 | |
46 | 659 Broadway | 0 | 0 | 0 | |
47 | 100 Gardner Park | 0 | 0 | 0 | |
48 | St. Lucie MHC | 0 | 0 | 0 | |
49 | Carrington Ridge Phase II | 0 | 0 | 0 | |
50 | Tolip Apartments | 0 | 0 | 0 | |
51 | Howard Park Plaza- CA | 0 | 0 | 0 | |
52 | Holiday Park MHC | 0 | 0 | 0 | |
53 | Coach Post MHC | 0 | 0 | 0 | |
54 | Telegraph Budget Storage | 0 | 0 | 0 | |
55 | Spencer Mini Storage | 0 | 0 | 0 | |
56 | Colony MHC | 7,429 | 0 | 0 | Cash |
57 | GA MHC Portfolio | 0 | 0 | 0 | |
57.01 | Deer Run II MHC | ||||
57.02 | EagleTrace/Shade Tree Village | ||||
58 | 16755 Baseline | 0 | 0 | 0 | |
59 | Starbucks - North Cicero | 0 | 0 | 0 | |
60 | 2218 Old Middlefield Way | 0 | 0 | 0 | |
61 | Ridgewood MHC | 0 | 0 | 0 | |
62 | Archwood Apartments | 0 | 0 | 0 | |
63 | Dollar General New Hampton | 0 | 0 | 0 | |
64 | Dollar General Pinconning | 0 | 0 | 0 |
A-1-15
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Other Escrow II - LoC Counterparty | Holdback(4)(16) | Ownership Interest | Ground Lease Initial Expiration Date(17) | Annual Ground Rent Payment(17) | Annual Ground Rent Increases | Lockbox | Whole Loan Cut-off Date Balance ($) |
1 | Innisfree Portfolio | Leasehold | 10/30/2062 | Greater of a) $300,000 or b) 3.25% (percentage rent) of hotel gross revenues. | None | Hard/Springing Cash Management | |||
1.01 | Hilton Garden Inn Fort Walton Beach | Leasehold | 10/30/2062 | Greater of a) $150,000 or b) 3.25% (percentage rent) of hotel gross revenues. | None | ||||
1.02 | Holiday Inn Fort Walton Beach | Leasehold | 10/30/2062 | Greater of a) $150,000 or b) 3.25% (percentage rent) of hotel gross revenues. | None | ||||
2 | Bristow Center | 1,750,000 | Fee | Hard/Upfront Cash Management | |||||
3 | Residence Inn Denver City Center | Fee | Springing | ||||||
4 | Shops at Trace Fork | Fee | Springing | ||||||
5 | 575 Maryville | Fee | Hard/Springing Cash Management | ||||||
6 | Grapevine Station | Fee | Soft/Springing Cash Management | ||||||
7 | Nostrand Avenue Shopping Center | Fee | Hard/Springing Cash Management | ||||||
8 | Roseville Shopping Center | Fee | Springing | ||||||
9 | Northchase Office Portfolio | Fee | Springing | ||||||
9.01 | Northchase | Fee | |||||||
9.02 | Crestwood | Fee | |||||||
9.03 | Mansell | Fee | |||||||
10 | Catania Pasadena | Fee | Springing | ||||||
11 | Merge Office | Fee | Hard/Upfront Cash Management | ||||||
12 | DoubleTree Leominster | Fee | Springing | ||||||
13 | Dominion Tower | Fee | Hard/Springing Cash Management | ||||||
14 | Tristone Flowtech USA | Fee | Hard/Springing Cash Management | ||||||
15 | StaxUp Self Storage - San Ysidro | Fee | Springing | ||||||
16 | The Edge Apartments | Fee | Springing | ||||||
17 | Radisson Yuma | Fee | Hard/Springing Cash Management | ||||||
18 | Proguard Self Storage - Braeswood | Fee | Springing | ||||||
19 | Florissant Marketplace | Fee | Springing | ||||||
20 | 9th Street Marketplace | Fee | Springing | ||||||
21 | Westport US Storage NY & CA | Fee | Springing | ||||||
21.01 | US Storage - Hawthorne, NY | Fee | |||||||
21.02 | US Storage - Harbor City, CA | Fee | |||||||
22 | 601 Hudson Street | Fee | Springing | ||||||
23 | Custer Park | Fee | Springing | ||||||
24 | One River Place | Fee | Hard/Springing Cash Management | ||||||
25 | 1302-1316 Montana Avenue | Fee | Springing | ||||||
26 | AAA Storage | Fee | Springing | ||||||
27 | La Puente Yard | Fee | Hard/Springing Cash Management | ||||||
28 | Rockaway Commons | Fee | Springing | ||||||
29 | Staybridge Suites - Oconomowoc | Fee | Springing | ||||||
30 | Holland Art Van | Fee | Hard/Springing Cash Management | ||||||
31 | Country Inn & Suites - Orlando | Fee | Hard/Springing Cash Management | ||||||
32 | Woodmen Corporate Center | Fee | Springing | ||||||
33 | Westpointe Retail Center | Fee | Springing | ||||||
34 | Homewood Suites Laredo | Fee | Hard/Springing Cash Management | ||||||
35 | OKC MHP Portfolio | Fee | Springing | ||||||
35.01 | El Reno MHP | Fee | |||||||
35.02 | Sunnylane MHP | Fee | |||||||
35.03 | Skyview MHP | Fee | |||||||
36 | Heatherstone Apartments | Fee | Springing | ||||||
37 | Jewel-Osco Elgin | Fee | Springing | ||||||
38 | 19501 South Santa Fe Avenue | Fee | Springing | ||||||
39 | Stoneridge III | Fee | Springing | ||||||
40 | East North Self Storage | Fee | Springing | ||||||
41 | Central Park Apartments | Fee | Springing | ||||||
42 | Hampton Inn Brevard | Fee | Springing | ||||||
43 | Too Much Self Storage | Fee | None | ||||||
44 | Shadow Glen Apartments | Fee | Springing | ||||||
45 | 599 Johnson Ave | Fee | Hard/Springing Cash Management | ||||||
46 | 659 Broadway | Leasehold | 3/30/2059 | $771 | 5% escalation every 5 years | Springing | |||
47 | 100 Gardner Park | Fee | Soft/Springing Cash Management | ||||||
48 | St. Lucie MHC | Fee | Springing | ||||||
49 | Carrington Ridge Phase II | Fee | Springing | ||||||
50 | Tolip Apartments | Fee | Springing | ||||||
51 | Howard Park Plaza- CA | Fee | Springing | ||||||
52 | Holiday Park MHC | Fee | Springing | ||||||
53 | Coach Post MHC | Fee | Springing | ||||||
54 | Telegraph Budget Storage | Fee | None | ||||||
55 | Spencer Mini Storage | Fee | Springing | ||||||
56 | Colony MHC | Fee | Springing | ||||||
57 | GA MHC Portfolio | Fee | Springing | ||||||
57.01 | Deer Run II MHC | Fee | |||||||
57.02 | EagleTrace/Shade Tree Village | Fee | |||||||
58 | 16755 Baseline | Fee | None | ||||||
59 | Starbucks - North Cicero | Fee | Hard/Upfront Cash Management | ||||||
60 | 2218 Old Middlefield Way | Fee | Springing | ||||||
61 | Ridgewood MHC | Fee | Springing | ||||||
62 | Archwood Apartments | Fee | Springing | ||||||
63 | Dollar General New Hampton | Fee | Hard/Upfront Cash Management | ||||||
64 | Dollar General Pinconning | Fee | Hard/Upfront Cash Management |
A-1-16
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Whole Loan Debt Service ($) | Subordinate Secured Debt Original Balance ($) | Subordinate Secured Debt Cut-off Date Balance ($) | 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($) |
1 | Innisfree Portfolio | |||||||||
1.01 | Hilton Garden Inn Fort Walton Beach | |||||||||
1.02 | Holiday Inn Fort Walton Beach | |||||||||
2 | Bristow Center | |||||||||
3 | Residence Inn Denver City Center | |||||||||
4 | Shops at Trace Fork | |||||||||
5 | 575 Maryville | |||||||||
6 | Grapevine Station | |||||||||
7 | Nostrand Avenue Shopping Center | |||||||||
8 | Roseville Shopping Center | |||||||||
9 | Northchase Office Portfolio | |||||||||
9.01 | Northchase | |||||||||
9.02 | Crestwood | |||||||||
9.03 | Mansell | |||||||||
10 | Catania Pasadena | |||||||||
11 | Merge Office | |||||||||
12 | DoubleTree Leominster | |||||||||
13 | Dominion Tower | |||||||||
14 | Tristone Flowtech USA | |||||||||
15 | StaxUp Self Storage - San Ysidro | |||||||||
16 | The Edge Apartments | |||||||||
17 | Radisson Yuma | |||||||||
18 | Proguard Self Storage - Braeswood | |||||||||
19 | Florissant Marketplace | |||||||||
20 | 9th Street Marketplace | |||||||||
21 | Westport US Storage NY & CA | |||||||||
21.01 | US Storage - Hawthorne, NY | |||||||||
21.02 | US Storage - Harbor City, CA | |||||||||
22 | 601 Hudson Street | |||||||||
23 | Custer Park | |||||||||
24 | One River Place | |||||||||
25 | 1302-1316 Montana Avenue | |||||||||
26 | AAA Storage | |||||||||
27 | La Puente Yard | |||||||||
28 | Rockaway Commons | |||||||||
29 | Staybridge Suites - Oconomowoc | |||||||||
30 | Holland Art Van | |||||||||
31 | Country Inn & Suites - Orlando | |||||||||
32 | Woodmen Corporate Center | |||||||||
33 | Westpointe Retail Center | |||||||||
34 | Homewood Suites Laredo | |||||||||
35 | OKC MHP Portfolio | |||||||||
35.01 | El Reno MHP | |||||||||
35.02 | Sunnylane MHP | |||||||||
35.03 | Skyview MHP | |||||||||
36 | Heatherstone Apartments | |||||||||
37 | Jewel-Osco Elgin | |||||||||
38 | 19501 South Santa Fe Avenue | |||||||||
39 | Stoneridge III | |||||||||
40 | East North Self Storage | |||||||||
41 | Central Park Apartments | |||||||||
42 | Hampton Inn Brevard | |||||||||
43 | Too Much Self Storage | |||||||||
44 | Shadow Glen Apartments | |||||||||
45 | 599 Johnson Ave | |||||||||
46 | 659 Broadway | |||||||||
47 | 100 Gardner Park | |||||||||
48 | St. Lucie MHC | |||||||||
49 | Carrington Ridge Phase II | |||||||||
50 | Tolip Apartments | |||||||||
51 | Howard Park Plaza- CA | |||||||||
52 | Holiday Park MHC | |||||||||
53 | Coach Post MHC | |||||||||
54 | Telegraph Budget Storage | |||||||||
55 | Spencer Mini Storage | |||||||||
56 | Colony MHC | |||||||||
57 | GA MHC Portfolio | |||||||||
57.01 | Deer Run II MHC | |||||||||
57.02 | EagleTrace/Shade Tree Village | |||||||||
58 | 16755 Baseline | |||||||||
59 | Starbucks - North Cicero | |||||||||
60 | 2218 Old Middlefield Way | |||||||||
61 | Ridgewood MHC | |||||||||
62 | Archwood Apartments | |||||||||
63 | Dollar General New Hampton | |||||||||
64 | Dollar General Pinconning |
A-1-17
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Sponsor(14) | Affiliated Sponsors | Mortgage Loan Number |
1 | Innisfree Portfolio | Julian MacQueen | 1 | |
1.01 | Hilton Garden Inn Fort Walton Beach | 1.01 | ||
1.02 | Holiday Inn Fort Walton Beach | 1.02 | ||
2 | Bristow Center | Gary D. Rappaport | 2 | |
3 | Residence Inn Denver City Center | Noble Hospitality Fund IV - Income, L.P. | 3 | |
4 | Shops at Trace Fork | E. Stanley Kroenke | 4 | |
5 | 575 Maryville | Pembroke IV LLC; Ten Capital Management | 5 | |
6 | Grapevine Station | Myron a/k/a Michael Blackman; Michel D. Hibbert | 6 | |
7 | Nostrand Avenue Shopping Center | Ashkenazy Acquisition Corporation; Ben Ashkenazy | 7 | |
8 | Roseville Shopping Center | Trevor Smith; Joshua Volen | 8 | |
9 | Northchase Office Portfolio | Rose Jarboe | 9 | |
9.01 | Northchase | 9.01 | ||
9.02 | Crestwood | 9.02 | ||
9.03 | Mansell | 9.03 | ||
10 | Catania Pasadena | SKR Holdings, LLC (f/k/a CIM Group (CA), LLC) | 10 | |
11 | Merge Office | Zaya S. Younan | 11 | |
12 | DoubleTree Leominster | Fatema Shikary; James Gerish; Kris Gerish | 12 | |
13 | Dominion Tower | Isaac Hertz; William Zev Hertz; Sarah Hertz Gordon | 13 | |
14 | Tristone Flowtech USA | David Mileski; Mileski Living Trust | 14 | |
15 | StaxUp Self Storage - San Ysidro | Randall U. Strauss | 15 | |
16 | The Edge Apartments | Ira Mondry; Robert M. Stone | 16 | |
17 | Radisson Yuma | Stephen Cavadias; Jerry Philipps; The Cavadias Family 2003 Trust | 17 | |
18 | Proguard Self Storage - Braeswood | Sam Amber; Samber, Ltd. | 18 | |
19 | Florissant Marketplace | Michael J. Polimeni | 19 | |
20 | 9th Street Marketplace | Peter W. Doerken | 20 | |
21 | Westport US Storage NY & CA | Westport Properties, Inc. | 21 | |
21.01 | US Storage - Hawthorne, NY | 21.01 | ||
21.02 | US Storage - Harbor City, CA | 21.02 | ||
22 | 601 Hudson Street | Abraham Sanieoff | 22 | |
23 | Custer Park | William A. Morris | 23 | |
24 | One River Place | Brock J. Vinton | 24 | |
25 | 1302-1316 Montana Avenue | J. Allen Radford | 25 | |
26 | AAA Storage | Richard Bray; Thomas H. Arnold; Amanda H. McLean | 26 | |
27 | La Puente Yard | Guy Christensen | 27 | |
28 | Rockaway Commons | Anthony Mehran | 28 | |
29 | Staybridge Suites - Oconomowoc | Narendrakumar M. Patel; Mahendra R. Patel | 29 | |
30 | Holland Art Van | Harold Etkin; Johanne Etkin Finley | 30 | |
31 | Country Inn & Suites - Orlando | Garry R. Hesselbacher; Chetan Patel | 31 | |
32 | Woodmen Corporate Center | Miles Jeffrey Qvale; Miles Jeffrey Qvale and Kimberly Boyd Qvale Revocable Trust | 32 | |
33 | Westpointe Retail Center | Darren B. Casey | 33 | |
34 | Homewood Suites Laredo | Sanjeev K. Amin; Rupesh Amin | 34 | |
35 | OKC MHP Portfolio | Mendocino Real Estate Holdings LLC | 35 | |
35.01 | El Reno MHP | 35.01 | ||
35.02 | Sunnylane MHP | 35.02 | ||
35.03 | Skyview MHP | 35.03 | ||
36 | Heatherstone Apartments | Brent Doeksen; Curtis Rice | 36 | |
37 | Jewel-Osco Elgin | Younok Ahn; James Ahn | 37 | |
38 | 19501 South Santa Fe Avenue | John A. Zar, Jr. | 38 | |
39 | Stoneridge III | David Kornbluth; Sherman Capital LLC; Cristal Family LLC; Fortbridge Realty LLC; Mark J. Goodman; Mark Siegel; Kenneth Marblestone and KB Lecap, Ltd. | 39 | |
40 | East North Self Storage | Robert Moser | 40 | |
41 | Central Park Apartments | John Beale | 41 | |
42 | Hampton Inn Brevard | Layton R. Parker; Khadijah S. Gillani | 42 | |
43 | Too Much Self Storage | Jacob Ramage | 43 | |
44 | Shadow Glen Apartments | Randall P. Thomas | 44 | |
45 | 599 Johnson Ave | Andrew Epstein; Jon KillKelley; Dawson Stellberger | 45 | |
46 | 659 Broadway | Jacob Klein | 46 | |
47 | 100 Gardner Park | Sandberg Family, LLC | 47 | |
48 | St. Lucie MHC | Teresa I. Schenk | 48 | |
49 | Carrington Ridge Phase II | David M. Conwill; Steven B. Kimmelman; Leslie Leohr | 49 | |
50 | Tolip Apartments | Jonathan D. Schechter; John J. Edwards | 50 | |
51 | Howard Park Plaza- CA | Ronald Gonzales; Mirna Gonzales | 51 | |
52 | Holiday Park MHC | George C. Whaling | 52 | |
53 | Coach Post MHC | Andrew Cramer | 53 | |
54 | Telegraph Budget Storage | Sidney I. Moss; Sidney I. Moss Trust | 54 | |
55 | Spencer Mini Storage | Telos Capital, LLC; David Fisher; Joshua Ungerecht; Warren Thomas | 55 | |
56 | Colony MHC | Alexander Simon Rindner; Robert Moritz Blum | 56 | |
57 | GA MHC Portfolio | Dan Reed Davis | 57 | |
57.01 | Deer Run II MHC | 57.01 | ||
57.02 | EagleTrace/Shade Tree Village | 57.02 | ||
58 | 16755 Baseline | The Feitelberg Family Trust dated 8/6/2009; Peter H. Feitelberg; Margaret C. Feitelberg | 58 | |
59 | Starbucks - North Cicero | Deanna Colletti; Paolo Colletti | 59 | |
60 | 2218 Old Middlefield Way | Russell M. Sheppel | 60 | |
61 | Ridgewood MHC | John Wesley McAdams II | 61 | |
62 | Archwood Apartments | Seth Keegan McNamara; Carrie Elizabeth Bone; The McNamara/Bone Family Trust | 62 | |
63 | Dollar General New Hampton | Ladder Capital CRE Equity LLC | Y - Group 1 | 63 |
64 | Dollar General Pinconning | Ladder Capital CRE Equity LLC | Y - Group 1 | 64 |
A-1-18
FOOTNOTES TO ANNEX A-1
See “Annex A-3: Summaries of the Fifteen Largest Mortgage Loans” in the Preliminary Prospectus for additional information on the 15 largest mortgage loans.
(1) | “WFB” denotes Wells Fargo Bank, National Association, “LCF” denotes Ladder Capital Finance LLC, “RMF” denotes Rialto Mortgage Finance, LLC, “Barclays” denotes Barclays Capital Real Estate Inc. and “CIIICM” denotes C-III Commercial Mortgage LLC. |
(2) | For mortgage loan #2 (Bristow Center), the Number of Units includes 78,796 square feet (including the largest and third largest tenants), representing 49.8% of net rentable square feet, lease the collateral pad site and the improvements built on the pad site are owned by the tenant. |
For mortgage loan #23 (Custer Park), the Number of Units includes 86,943 square feet of retail space and 28,988 square feet of office space.
For mortgage loan #25 (1302-1316 Montana Avenue), the Number of Units includes 7,490 square feet of retail space, 5,333 square feet of office space, and 3,083 square feet of storage space.
For mortgage loan #26 (AAA Storage), the Number of Units and Occupancy Rate include three mortgaged properties (175,998 square feet, 87,233 square feet, and 72,560 square feet) located in Enterprise, Alabama, which are owned and operated as a single asset by the borrower. The loan documents do not permit partial release.
For mortgage loan #35 (OKC MHP Portfolio), the Number of Units includes 278 mobile home sites and 78 RV sites. The Occupancy Rate reflects the occupancy of the mobile homes and RV sites. Underwritten RV Income is 20.8% of total underwritten revenue.
For mortgage loan #45 (599 Johnson Ave), the Number of Units includes 23,414 square feet of retail space and 4,000 square feet of office. The Number of Units also includes 7,200 square feet of roof space split between the two largest tenants.
For mortgage loan #47 (100 Gardner Park), the Number of Units includes 105,120 square feet of industrial space and 24,471 square feet of office space.
For mortgage loan #53 (Coach Post MHC), the Number of Units includes 41 mobile home sites, 33 RV sites and one single family residence. The Occupancy Rate reflects the occupancy of the mobile homes, RV sites and single family residence. Underwritten RV income is 27.6% of total underwritten revenue.
(3) | For mortgage loan #13 (Dominion Tower), the mortgage loan represents Note A-3-A of three pari passu promissory notes which have a combined Cut-off Date Balance of $61,350,000. Note A-1 and Note A-2-A are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented are based on Note A-1, Note A-2-A, and Note A-3-A in the aggregate (the “Dominion Tower Whole Loan”). Note A-3-A represents a non-controlling interest in the Dominion Tower Whole Loan. |
For mortgage loan #24 (One River Place), the mortgage loan represents Note A-2, one of two pari passu notes, which have a combined Cut-off Date Balance of $25,000,000. Controlling Note A-1 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the “One River Place Whole Loan”). Note A-2 represents a non-controlling interest in the One River Place Whole Loan.
(4) | For mortgage loan #2 (Bristow Center), all LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures are calculated assuming the full loan amount of $53,000,000. The Holdback has been disbursed in full. |
(5) | For mortgage loan #10 (Catania Pasadena), for the Grace Period Default (days), borrower is allowed to pay up to five days after the date any monthly debt service or reserve account payment is due (excluding amounts due on the Maturity Date, as discussed in the loan agreement) provided that the grace period is used no more than twice in any twelve-month period. |
A-1-19
(6) | For mortgage loan #3 (Residence Inn Denver City Center), the Appraised Value assumes the property improvement plan (“PIP”) is completed at the mortgaged property as of November 2019. All outstanding PIP costs were reserved for at closing. The appraised value assuming the PIP has not been completed is $76,500,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $76,500,000 appraised value is 62.1%. |
For mortgage loan #11 (Merge Office), the Appraised Value assumes all executed leases have commenced, tenants are paying full unabated rent and the mortgaged property’s occupancy has been stabilized as of May 2019. All outstanding tenant improvements, leasing commissions and free rent was reserved for at closing. The appraised value assuming all leases have not commenced and occupancy is not stabilized is $26,700,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $26,700,000 appraised value are 66.0% and 54.3%, respectively.
For mortgage loan #12 (DoubleTree Leominster), the Appraised Value assumes the mortgaged property stabilizes as of November 2019. The appraised value assuming the mortgaged property is not stabilized is $24,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $24,000,000 appraised value are 66.4% and 55.3%, respectively.
For mortgage loan #29 (Staybridge Suites - Oconomowoc), the Appraised Value reflects an appraisal on an “as-is (PIP Extraordinary)” basis, subject to the extraordinary assumption that the reserve for the capital expenditures has been fully escrowed and will be available to fund the property improvement plan (“PIP”). At origination, the lender escrowed $1,066,750, which is the estimated cost of the PIP. The appraised value without the extraordinary assumption is $13,100,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on an appraised value of $13,100,000 are 75.4% and 58.2%, respectively. The potential new sponsor anticipates completing the PIP within the first 18 months of the loan term as mandated by the loan documents.
For mortgage loan #31 (Country Inn & Suites - Orlando), the Appraised Value represents the “when complete” value provided by the appraiser as of December 1, 2019 which assumes that the property improvement plan will be completed in a competent and timely manner. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the “as-is” appraised value of $13,000,000 as of November 7, 2018, which assumes the mandated property improvement plan work is not completed, is 73.0% and 61.8%, respectively.
For mortgage loan #33 (Westpointe Retail Center), the Appraised Value assumes the mortgaged property’s occupancy stabilizes as of December 2019. The appraised value assuming the mortgaged property is not at stabilized occupancy is $11,500,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $11,500,000 appraised value are 73.7% and 61.5%, respectively.
For mortgage loan #34 (Homewood Suites Laredo), the Appraised Value represents the value assuming the property improvement plan, which is expected to be completed by January 2020, has been completed. A $2,015,059 reserve was collected at origination reflecting the remaining unfunded portion of the property improvement plan. The as-is appraised value is $10,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the as-is appraised value are 84.0% and 64.8%, respectively.
(7) | For mortgage loan #1 (Innisfree Portfolio), historical operating statements for periods prior to 2017 are not available with respect to the entire portfolio because the Hilton Garden Inn Fort Walton Beach property was built and began operations in May 2017. The increase in total revenue and NOI from 2017 to TTM 11/30/2018 can be attributed to the 2017 total revenue and 2017 NOI only including income from the Hilton Garden Inn Fort Walton Beach property for the portion of 2017 since it began operations. |
For mortgage loan #12 (DoubleTree Leominster), U/W Revenues includes 27.9% of food and beverage income.
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(8) | For mortgage loan #48 (St. Lucie MHC), the mortgaged property was damaged in 2017 during Hurricane Irma, destroying ten of the oldest homes at the mortgaged property, all of which were privately owned. Additional homes at the mortgaged property suffered from the hurricane damage in the following month and needed to be removed. The occupancy at the mortgaged property prior to the hurricane damage was between approximately 91% and 96% from 2014 to 2017, and the actual current occupancy is approximately 83.4%. The lender underwrote the rental income based on the current in-place rent roll provided by the borrower. As a result of the decrease in occupancy, the underwritten net operating income is approximately $48,298 lower than the net operating income reported by the borrower in 2017. The related borrower has begun to bring in new homes to replace these damaged units and will finance the new homes through a sponsor affiliate. |
(9) | In certain cases, mortgage loans may have tenants that have executed leases, but may not be fully paying rent or occupying the related leased premises that were included in the underwriting. |
For mortgage loan #2 (Bristow Center), the third largest tenant (11,500 square feet), representing 7.3% of net rentable square feet, is in occupancy but is not open for business. See “Litigation and Other Considerations” in the Preliminary Prospectus for additional details.
For mortgage loan #5 (575 Maryville), the largest tenant, (137,682 square feet), representing 54.3% of net rentable square feet, has a 21,605 square foot expansion space that it has leased but has not yet occupied. The Number of Units is inclusive of the expansion space. The rent commencement date for this space is scheduled for August 1, 2019. At loan closing, $344,312 was deposited into the gap rent reserve account, which is calculated from the loan closing date through the largest tenant’s first scheduled rent payment due.
For mortgage loan #7 (Nostrand Avenue Shopping Center), the third largest tenant (12,434 square feet), representing 15.4% of net rentable square feet, has a three-month free rent period starting July 1, 2019. At closing, $149,208 was deposited into a gap rent reserve account for the three months of free rent.
For mortgage loan #8 (Roseville Shopping Center), the second largest tenant (13,114 square feet), representing 13.5% of net rentable square feet, has taken possession of its space in January 2019 and is expected to commence paying rent in April 2019. At closing, the borrower deposited $93,913.16 into a W Salon free rent reserve.
For mortgage loan #11 (Merge Office), the largest tenant (33,566 square feet), representing 25.9% of net rentable square feet, has free rent on 17,559 square feet of its space from August through November 2019 and 5,366 square feet of its space from February through June 2019. The third largest tenant (11,600 square feet), representing 8.9% of net rentable square feet, has free rent from August through September 2019. All outstanding free rent has been reserved for at closing.
For mortgage loan #13 (Dominion Tower), the second largest tenant (39,081 square feet), representing 9.7% of net rentable square feet, has free rent through June 2019. $267,391 has been reserved with the lender in respect of free rent for this tenant.
For mortgage loan #25 (1302-1316 Montana Avenue), the largest tenant (5,333 square feet), representing 33.5% of the net rentable square feet, is not currently utilizing 2,309 square feet of their leased space. The tenant is deciding whether they want to move into the space or sublease it.
For mortgage loan #39 (Stoneridge III), the third largest tenant (4,636 square feet), representing 7.6% of the net rentable square feet, has a rent abatement through June 2019. $40,178 was held back in a Free Rent Reserve at closing.
(10) | For mortgage loan #46 (659 Broadway), the property is subject to a master lease with 77 Bleecker Street Corp. that initially expires on March 30, 2059, with an automatic 24-year extension through March 30, 2083. The annual rent is currently $770.52 with 5% escalation every 5 years. |
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(11) | For mortgage loan #38 (19501 South Santa Fe Avenue), the sole tenant (71,250 square feet), representing 100% of net rentable square feet, subleases a portion of its space for an annual base rent of $90,000. |
(12) | The tenant early termination options discussed in this footnote are not intended to be an exclusive list. In particular, termination options based on co-tenancy clauses are generally included only for top five tenants by net rentable square feet if the option is currently or imminently exercisable. |
For mortgage loan #5 (575 Maryville), the largest tenant (137,682 square feet), representing 54.3% of net rentable square feet, is an affiliate of the property manager. The largest tenant has the option to terminate its lease if Cushman & Wakefield is not retained as the property manager within 90 days of receiving notice of the manager’s termination, provided that the tenant (or its affiliate) leases at least 90,000 square feet. The tenant’s lease shall end nine months from notice of their intent to terminate.
For mortgage loan #11 (Merge Office), the largest tenant (33,566 square feet), representing 25.9% of net rentable square feet, may terminate its lease at any time if substantially all of the stock or assets of the largest tenant are sold to a third party, upon providing six months’ written notice and payment of a termination fee equal to two months base rent and all unamortized tenant improvements and leasing commissions.
For mortgage loan #13 (Dominion Tower), the largest tenant (49,910 square feet), representing 12.4% of net rentable square feet, has an ongoing reduction option for 10,000 square feet, exercisable with 180 days prior notice and payment of a termination fee equal to 8% of the aggregate unamortized amount, as of the effective date of reduction, of all TI/LC owed by the landlord. The fourth largest tenant (24,813 square feet), representing 6.2% of net rentable square feet, has the option to terminate all of its relocation premises (20,860 square feet) with 9 months notice at any time after May 2021 and payment of a termination fee equal to the unamortized aggregate amount of their TI allowance.
For mortgage loan #19 (Florissant Marketplace), the third largest tenant (7,500 square feet), representing 5.1% of net rentable square feet, has the right to terminate its lease if the tenant does not meet gross sales of $2.0 million during the gross sales measuring period from January 31, 2023 to December 31, 2023 by providing 60 days’ prior written notice and paying the unamortized portion of tenant improvement allowance and brokerage commission payable by the borrower.
For mortgage loan #24 (One River Place), the largest tenant, (157,273 square feet), representing 100% of net rentable square feet, has a one-time option to terminate its lease effective as of June 30, 2030 after giving written notice no later than June 30, 2028.
For mortgage loan #28 (Rockaway Commons), the third largest tenant (14,820 square feet), representing 17.1% of net rentable square feet, has the option to terminate the lease starting on December 31, 2031 and every five years thereafter, upon 6 months’ prior written notice. The fifth largest tenant (4,200 square feet), representing 4.8% of net rentable square feet, has expressed its intent to terminate its lease in 2019.
For mortgage loan #32 (Woodmen Corporate Center), the second largest tenant (13,212 square feet), representing 12.3% of net rentable square feet, may terminate its lease as of November 2021 or 2022 upon providing 270 days’ written notice and payment of all unamortized tenant improvements and leasing commissions. The third largest tenant (9,510 square feet), representing 8.9% of net rentable square feet, may terminate its lease as of September 2020, upon providing 180 days’ written notice and payment of all unamortized tenant improvements, leasing commissions and rent abatements. The fourth largest tenant (7,889 square feet), representing 7.4% of net rentable square feet, may terminate its lease in June of every lease year, if its related contract with the State of Colorado is terminated, upon providing 180 days’ written notice and payment of a termination fee equal to all unamortized tenant improvements and leasing commissions plus six months of base rent.
For mortgage loan #47 (100 Gardner Park), the second largest tenant (35,120 square feet), representing 27.0% of net rentable square feet, has the option to terminate its lease beginning in June 2020 with 6 months’ notice and would lose its security deposit and be obligated to
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reimburse its build out costs. The third largest tenant (24,741 square feet), representing 19.1% of net rentable square feet, has the option to terminate its lease beginning in April 2025 with 6 months’ notice and payment of a termination fee of $199,440 (equivalent to eight months base rent at the then period).
(13) | For mortgage loan #9 (Northchase Office Portfolio), the largest tenant at the Northchase Property (19,211 square feet), representing 7.5% of the portfolio net rentable square feet, has multiple expiration dates. The tenant has 16,053 square feet expiring July 31, 2020 and 3,158 square feet expiring December 31, 2022. The third largest tenant at the Crestwood Property (5,228 square feet), representing 2.0% of the portfolio net rentable square feet, has multiple expiration dates. The tenant has 4,788 square feet expiring on February 28, 2020 and 440 square feet that can expire on a month-to-month basis. |
(14) | For mortgage loan #28 (Rockaway Commons), the largest tenant (32,561 square feet), representing 37.6% of net rentable square feet, is an affiliate of the borrower sponsor. |
(15) | For mortgage loan #1 (Innisfree Portfolio), the borrower is required to deposit approximately $1,121,917 into a Seasonality Reserve according to a schedule across the months of May through August to fund the shortfall during the months of November through February. Amounts deposited from time to time may be increased on an annual basis by the lender in such amount the lender shall reasonably deem necessary. Additionally, the Monthly Replacement Reserve will be equal to 1/12th of 4.0% of the greater of (i) annual gross revenues calculated as of the end of the most recent calendar quarter and (ii) gross revenues projected in the most recent approved annual budget. |
For mortgage loan #3 (Residence Inn Denver City Center), the Monthly Replacement Reserve will adjust to the greater of the existing Monthly Replacement Reserve and 1/12th of 4.0% of operating income from the prior fiscal year.
For mortgage loan #12 (DoubleTree Leominster), the Monthly Replacement Reserve will adjust to the greater of the existing Monthly Replacement Reserve and 1/12th of 4.0% of underwritten revenue from the prior fiscal year.
For mortgage loan #17 (Radisson Yuma), the borrower deposited $89,121 into a Seasonality Reserve at loan closing. The borrower is required to deposit approximately $133,681 according to a schedule across the months of January through April to fund the shortfall during the months of June through September. Amounts deposited from time to time may be increased on an annual basis by the lender in such amount the lender shall reasonably deem necessary. Additionally, the Monthly Replacement Reserve will be equal to 1/12th of 4.0% of the greater of (i) annual gross revenues calculated as of the end of the most recent calendar quarter and (ii) gross revenues projected in the most recent approved annual budget.
For mortgage loan #23 (Custer Park), commencing on the first payment date following the date on which the balance in the rollover account drops below $250,000, the borrower is required to deposit with the lender an amount equal to $7,245.69 to the rollover account, subject to a cap of $750,000.
For mortgage loan #29 (Staybridge Suites - Oconomowoc), the Monthly Replacement Reserve, to be adjusted each January, is equal to 1/12th of 2.0% for the first year of the loan term, 3.0% for the second year of the loan term and 4.0% every year of the loan term thereafter of the actual annual gross income from the prior year.
For mortgage loan #34 (Homewood Suites Laredo), the Monthly Replacement Reserve will be equal to (a) through February 6, 2021, 1/12th of 2.0% of the greater of (i) annual gross revenues calculated as of the end of the most recent calendar quarter and (ii) gross revenues projected in the most recent approved annual budget and (b) thereafter, 1/12th of 4.0% of the greater of (i) annual gross revenues calculated as of the end of the most recent calendar quarter and (ii) gross revenues projected in the most recent approved annual budget.
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(16) | For mortgage loan #2 (Bristow Center), $250,000 of the Holdback released was used to fund the Initial TI/LC balance and Monthly TI/LC reserves are being collected subsequent to the Holdback release. |
(17) | For mortgage loan #1 (Innisfree Portfolio), the mortgaged properties are subject to a ground lease with the United States government through the Secretary of the Air Force, as the ground lessor, which ground lease has an expiration of October 6, 2062. The monthly rent due under the ground lease for each mortgaged property is the greater of (a) $12,500 per month (subject to future upward adjustment based on the Consumer Price Index for all urban consumers) and (b) 3.25% (percentage rent) of the related hotel’s gross revenues for the applicable calendar month. In 2016, a sublease was entered into for the Hilton Garden Inn Fort Walton Beach property between the two borrowing entities. The sublease expires in September 2062 and, solely with respect to the Hilton Garden Inn Fort Walton Beach property, has the same base rent as the ground lease. |
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