FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-226486-08 | ||
WFCM 2019-C52 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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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., Drexel Hamilton, LLC, 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 free writing 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(2) | Specific Property Type | Year Built | Year Renovated | Number of Units(2) | Unit of Measure | Cut-off Date Balance Per Unit/SF(3) | Original Balance ($) | Cut-off Date Balance ($) |
1 | Moffett Towers II - Buildings 3 & 4 | Barclays | 1190 Discovery Way & 900 5th Avenue | Sunnyvale | CA | 94089 | Office | Suburban | 2019 | 701,266 | Sq. Ft. | 499 | 49,750,000 | 49,750,000 | ||
2 | University Town Center | RMF | 1400 24th Avenue Northwest | Norman | OK | 73069 | Retail | Anchored | 2007 | 348,877 | Sq. Ft. | 119 | 41,580,000 | 41,580,000 | ||
3 | SoCal Retail Portfolio | AREF | Various | Various | CA | Various | Various | Various | Various | Various | 1,481,231 | Sq. Ft. | 145 | 40,000,000 | 40,000,000 | |
3.01 | The Springs | AREF | 5200 Ramon Road | Palm Springs | CA | 92264 | Retail | Anchored | 2008 | 2015 | 397,718 | Sq. Ft. | 8,501,525 | 8,501,525 | ||
3.02 | Summerwood | AREF | 4124-4267 Woodruff Avenue | Lakewood | CA | 90713 | Retail | Anchored | 1968 | 2011 | 178,770 | Sq. Ft. | 5,901,157 | 5,901,157 | ||
3.03 | Food 4 Less – Target Center | AREF | 6700, 6730 & 6750 Cherry Avenue | Long Beach | CA | 90805 | Retail | Anchored | 1993 | 196,436 | Sq. Ft. | 4,039,388 | 4,039,388 | |||
3.04 | El Super Center | AREF | 1251-1289 North Hacienda Boulevard | La Puente | CA | 91744 | Retail | Anchored | 2012 | 117,230 | Sq. Ft. | 3,951,673 | 3,951,673 | |||
3.05 | Island Plaza | AREF | 1512-1524 East Amar Road and 2500-2548 South Azusa Avenue | West Covina | CA | 91792 | Retail | Anchored | 1967 | 77,772 | Sq. Ft. | 3,020,695 | 3,020,695 | |||
3.06 | Baldwin Park Promenade | AREF | 3111-3151 Baldwin Park | Baldwin Park | CA | 91706 | Retail | Anchored | 2006 | 49,906 | Sq. Ft. | 2,142,608 | 2,142,608 | |||
3.07 | Lynwood Plaza | AREF | 10821 Long Beach Boulevard and 3157 Pluma Street | Lynwood | CA | 90262 | Retail | Anchored | 2003 | 75,245 | Sq. Ft. | 2,125,102 | 2,125,102 | |||
3.08 | El Cajon (CVS) | AREF | 426-450 East Chase Avenue | El Cajon | CA | 92020 | Retail | Anchored | 2005 | 29,986 | Sq. Ft. | 1,844,077 | 1,844,077 | |||
3.09 | Loma Vista | AREF | 16055-16075 Foothill Boulevard | Fontana | CA | 92335 | Retail | Anchored | 1990 | 97,547 | Sq. Ft. | 1,633,447 | 1,633,447 | |||
3.10 | MLK Medical | AREF | 3820-3840 Martin Luther King Jr. Boulevard | Lynwood | CA | 90262 | Office | Suburban | 1958 | 2005 | 32,500 | Sq. Ft. | 1,571,991 | 1,571,991 | ||
3.11 | Hawthorne Plaza | AREF | 14401-14441 Inglewood Avenue | Hawthorne | CA | 90250 | Retail | Anchored | 1978 | 70,750 | Sq. Ft. | 1,510,534 | 1,510,534 | |||
3.12 | Five Points Plaza | AREF | 505-515 and 523-595 South Riverside Avenue | Rialto | CA | 92376 | Retail | Anchored | 1985 | 89,537 | Sq. Ft. | 1,475,336 | 1,475,336 | |||
3.13 | Towne Center Square | AREF | 11098 Foothill Boulevard | Rancho Cucamonga | CA | 91730 | Retail | Shadow Anchored | 1995 | 57,510 | Sq. Ft. | 1,352,236 | 1,352,236 | |||
3.14 | Camarillo | AREF | 660 East Ventura | Camarillo | CA | 93010 | Retail | Shadow Anchored | 2014 | 10,324 | Sq. Ft. | 930,233 | 930,233 | |||
4 | Embassy Suites at Centennial Olympic Park | AREF | 267 Marietta Street | Atlanta | GA | 30313 | Hospitality | Full Service | 1999 | 2017 | 321 | Rooms | 259,821 | 38,500,000 | 38,455,033 | |
5 | Capital Plaza | Barclays | 10301 & 10401 Deerwood Park Boulevard | Jacksonville | FL | 32256 | Office | Suburban | 1990 | 2005 | 417,513 | Sq. Ft. | 87 | 36,190,000 | 36,190,000 | |
6 | Inland Life Storage Portfolio | Barclays | Various | Various | Various | Various | Self Storage | Self Storage | Various | Various | 17,278 | Units | 8,051 | 31,297,500 | 31,297,500 | |
6.01 | Life Storage - 586 | Barclays | 5491 Plaza Drive | Flowood | MS | 39232 | Self Storage | Self Storage | 2000 | 2016 | 1,006 | Units | 2,270,286 | 2,270,286 | ||
6.02 | Life Storage - 145 | Barclays | 140 Centennial Boulevard | Richardson | TX | 75081 | Self Storage | Self Storage | 1985 | 929 | Units | 1,842,764 | 1,842,764 | |||
6.03 | Life Storage - 364 | Barclays | 130 Centre Street | Ridgeland | MS | 39157 | Self Storage | Self Storage | 1997 | 698 | Units | 1,828,562 | 1,828,562 | |||
6.04 | Life Storage - 365 | Barclays | 5111 I-55 North | Jackson | MS | 39206 | Self Storage | Self Storage | 2003 | 676 | Units | 1,769,054 | 1,769,054 | |||
6.05 | Life Storage - 212 | Barclays | 313 Guilbeau Road | Lafayette | LA | 70506 | Self Storage | Self Storage | 1994 | 2005 | 655 | Units | 1,533,179 | 1,533,179 | ||
6.06 | Life Storage - 386 | Barclays | 4155 Fairway Plaza Drive | Pasadena | TX | 77505 | Self Storage | Self Storage | 2000 | 613 | Units | 1,444,727 | 1,444,727 | |||
6.07 | Life Storage - 256 | Barclays | 2280 East Main Street | League City | TX | 77573 | Self Storage | Self Storage | 1992 | 2003 | 553 | Units | 1,385,759 | 1,385,759 | ||
6.08 | Life Storage - 206 | Barclays | 5110 Franz Road | Katy | TX | 77493 | Self Storage | Self Storage | 1994 | 626 | Units | 1,312,047 | 1,312,047 | |||
6.09 | Life Storage - 324 | Barclays | 2860 Northeast Evangeline Throughway | Lafayette | LA | 70507 | Self Storage | Self Storage | 1995 | 2016 | 819 | Units | 1,293,750 | 1,293,750 | ||
6.10 | Life Storage - 236 | Barclays | 7437 Garners Ferry Road | Columbia | SC | 29209 | Self Storage | Self Storage | 1981 | 2007 | 887 | Units | 1,237,500 | 1,237,500 | ||
6.11 | Life Storage - 184 | Barclays | 5961 I-55 North | Jackson | MS | 39213 | Self Storage | Self Storage | 1995 | 416 | Units | 1,135,143 | 1,135,143 | |||
6.12 | Life Storage - 500 | Barclays | 6000 Garners Ferry Road & 1417 Atlas Road | Columbia | SC | 29209 | Self Storage | Self Storage | 1977 | 463 | Units | 1,054,062 | 1,054,062 | |||
6.13 | Life Storage - 288 | Barclays | 32777 State Highway 249 | Pinehurst | TX | 77362 | Self Storage | Self Storage | 2003 | 493 | Units | 1,046,689 | 1,046,689 | |||
6.14 | Life Storage - 299 | Barclays | 203 Albertson Parkway | Broussard | LA | 70518 | Self Storage | Self Storage | 2002 | 2007 | 662 | Units | 1,046,250 | 1,046,250 | ||
6.15 | Life Storage - 209 | Barclays | 2207 West Pinhook Road | Lafayette | LA | 70508 | Self Storage | Self Storage | 1992 | 2014 | 503 | Units | 1,031,947 | 1,031,947 | ||
6.16 | Life Storage - 035 | Barclays | 10020 Two Notch Road | Columbia | SC | 29223 | Self Storage | Self Storage | 1989 | 2013 | 595 | Units | 900,000 | 900,000 | ||
6.17 | Life Storage - 074 | Barclays | 6011 I-55 North | Jackson | MS | 39213 | Self Storage | Self Storage | 1990 | 491 | Units | 886,500 | 886,500 | |||
6.18 | Life Storage - 252 | Barclays | 1606 Plantation Road | Dallas | TX | 75235 | Self Storage | Self Storage | 1985 | 504 | Units | 855,043 | 855,043 | |||
6.19 | Life Storage - 033 | Barclays | 7403 Parklane Road | Columbia | SC | 29223 | Self Storage | Self Storage | 1987 | 423 | Units | 788,704 | 788,704 | |||
6.20 | Life Storage - 205 | Barclays | 4000 North West Street | Jackson | MS | 39206 | Self Storage | Self Storage | 1984 | 477 | Units | 787,500 | 787,500 | |||
6.21 | Life Storage - 300 | Barclays | 4706 West Congress Street | Lafayette | LA | 70506 | Self Storage | Self Storage | 1997 | 2007 | 557 | Units | 781,333 | 781,333 | ||
6.22 | Life Storage - 026 | Barclays | 3511 South Holden Road | Greensboro | NC | 27407 | Self Storage | Self Storage | 1985 | 2008 | 535 | Units | 692,879 | 692,879 | ||
6.23 | Life Storage - 361 | Barclays | 421 Classic Drive | Hattiesburg | MS | 39402 | Self Storage | Self Storage | 1998 | 364 | Units | 648,000 | 648,000 | |||
6.24 | Life Storage - 165 | Barclays | 5810 West Gate City Boulevard | Greensboro | NC | 27407 | Self Storage | Self Storage | 1993 | 2000 | 461 | Units | 567,572 | 567,572 | ||
6.25 | Life Storage - 208 | Barclays | 2310 West Pinhook Road | Lafayette | LA | 70508 | Self Storage | Self Storage | 1980 | 483 | Units | 545,459 | 545,459 | |||
6.26 | Life Storage - 211 | Barclays | 2888 Northeast Evangeline Throughway | Lafayette | LA | 70507 | Self Storage | Self Storage | 1977 | 2005 | 392 | Units | 530,717 | 530,717 | ||
6.27 | Life Storage - 021 | Barclays | 2648 Two Notch Road | Columbia | SC | 29204 | Self Storage | Self Storage | 1988 | 391 | Units | 495,000 | 495,000 | |||
6.28 | Life Storage - 298 | Barclays | 300 Westgate Road | Lafayette | LA | 70506 | Self Storage | Self Storage | 2001 | 2004 | 397 | Units | 471,749 | 471,749 | ||
6.29 | Life Storage - 297 | Barclays | 5922 Cameron Street | Scott | LA | 70583 | Self Storage | Self Storage | 1997 | 329 | Units | 337,500 | 337,500 | |||
6.30 | Life Storage - 153 | Barclays | 118 Stage Coach Trail | Greensboro | NC | 27409 | Self Storage | Self Storage | 1996 | 2001 | 291 | Units | 287,471 | 287,471 | ||
6.31 | Life Storage - 075 | Barclays | 2947 McDowell Road Extension | Jackson | MS | 39204 | Self Storage | Self Storage | 1988 | 304 | Units | 265,358 | 265,358 | |||
6.32 | Life Storage - 152 | Barclays | 4207 Hilltop Road | Greensboro | NC | 27407 | Self Storage | Self Storage | 1995 | 2000 | 285 | Units | 225,000 | 225,000 | ||
7 | Olympia Medical Office | WFB | 5901 and 5975 West Olympic Boulevard | Los Angeles | CA | 90036 | Office | Medical | 1984 | 2018 | 90,549 | Sq. Ft. | 331 | 30,000,000 | 30,000,000 | |
8 | Sugar Creek Center | RMF | 1 Sugar Creek Center Boulevard | Sugar Land | TX | 77478 | Office | Suburban | 1983 | 2017 | 193,996 | Sq. Ft. | 149 | 29,000,000 | 28,929,851 | |
9 | 3300 Renner | AREF | 3300 East Renner Road | Richardson | TX | 75080 | Office | Suburban | 1983 | 2019 | 185,078 | Sq. Ft. | 154 | 28,560,000 | 28,560,000 | |
10 | Mahwah Business Park | AREF | 37-73 Ramapo Valley Road | Mahwah | NJ | 07430 | Industrial | Flex | 1901 | 2018 | 380,346 | Sq. Ft. | 75 | 28,500,000 | 28,500,000 | |
11 | Sequa Corporation Industrial Portfolio | WFB | Various | Various | Various | Various | Industrial | Manufacturing | Various | Various | 600,917 | Sq. Ft. | 45 | 27,100,000 | 27,100,000 | |
11.01 | 3401 Queen Palm Drive - Tampa | WFB | 3401 Queen Palm Drive | Tampa | FL | 33619 | Industrial | Manufacturing | 2000 | 2011 | 167,207 | Sq. Ft. | 9,300,000 | 9,300,000 | ||
11.02 | 3636 Arrowhead Drive - Carson City | WFB | 3636 Arrowhead Drive | Carson City | NV | 89706 | Industrial | Manufacturing | 1991 | 2008 | 189,810 | Sq. Ft. | 7,050,000 | 7,050,000 | ||
11.03 | 601 Marshall Phelps Road - Windsor | WFB | 601 Marshall Phelps Road | Windsor | CT | 06095 | Industrial | Manufacturing | 1981 | 1997 | 125,000 | Sq. Ft. | 5,150,000 | 5,150,000 | ||
11.04 | 5161 West Polk Street - Phoenix | WFB | 5150 West Van Buren Street; 5139, 5149, 5161 and 5162 West Polk Street | Phoenix | AZ | 85043 | Industrial | Manufacturing | 1980 | 2013 | 87,294 | Sq. Ft. | 3,700,000 | 3,700,000 | ||
11.05 | 420 Commerce Boulevard - Oldsmar | WFB | 420 Commerce Boulevard | Oldsmar | FL | 34677 | Industrial | Manufacturing | 1999 | 31,606 | Sq. Ft. | 1,900,000 | 1,900,000 | |||
12 | Grand Traverse Crossing | BSPRT | 2632 Crossing Circle | Traverse City | MI | 49684 | Retail | Anchored | 1996 | 2015 | 249,196 | Sq. Ft. | 98 | 24,300,000 | 24,300,000 | |
13 | Lenox Park | AREF | 3150 Lenox Park Boulevard; 6750, 6775, 6745 Lenox Center Court | Memphis | TN | 38115 | Office | Suburban | 1997 | 2001 | 391,292 | Sq. Ft. | 62 | 24,187,500 | 24,187,500 | |
14 | DCB Industrial Portfolio | BSPRT | Various | Various | Various | Various | Industrial | Warehouse Distribution | Various | Various | 740,575 | Sq. Ft. | 32 | 24,062,500 | 24,062,500 | |
14.01 | DCB Savannah, GA | BSPRT | 3000 Tremont Road | Savannah | GA | 31405 | Industrial | Warehouse Distribution | 1975; 1991 | 299,200 | Sq. Ft. | 12,229,162 | 12,229,162 | |||
14.02 | DCB Visalia, CA | BSPRT | 8700 West Doe Avenue | Visalia | CA | 93291 | Industrial | Warehouse Distribution | 1991 | 107,494 | Sq. Ft. | 4,637,629 | 4,637,629 | |||
14.03 | DCB Bremen, GA | BSPRT | 1090 Pacific Avenue | Bremen | GA | 30110 | Industrial | Warehouse Distribution | 1999 | 158,080 | Sq. Ft. | 4,135,465 | 4,135,465 | |||
14.04 | DCB Bondurant, IA | BSPRT | 1600 2nd Street Northeast | Bondurant | IA | 50035 | Industrial | Warehouse Distribution | 1966 | 2005 | 100,281 | Sq. Ft. | 1,725,080 | 1,725,080 | ||
14.05 | DCB Mitchellville, IA 2 | BSPRT | 215 Mill Street | Mitchellville | IA | 50169 | Industrial | Warehouse Distribution | 1969 | 1997 | 46,129 | Sq. Ft. | 844,816 | 844,816 | ||
14.06 | DCB Mitchellville, IA 1 | BSPRT | 100 Center Avenue North | Mitchellville | IA | 50169 | Industrial | Warehouse Distribution | 1976 | 2007 | 29,391 | Sq. Ft. | 490,348 | 490,348 | ||
15 | Renaissance Center VI | BSPRT | 9125 Henderson Road | Tampa | FL | 33634 | Office | Suburban | 2018 | 150,000 | Sq. Ft. | 233 | 22,500,000 | 22,500,000 | ||
16 | Triyar Portfolio III | LCF | Various | Various | Various | Various | Industrial | Various | Various | Various | 748,906 | Sq. Ft. | 28 | 20,983,000 | 20,931,933 | |
16.01 | Greenville | LCF | 5805 Jaysville Street | Greenville | OH | 45331 | Industrial | Warehouse Distribution | 1999 | 2006 | 243,840 | Sq. Ft. | 7,788,000 | 7,769,046 | ||
16.02 | Rantoul | LCF | 1924 County Road | Rantoul | IL | 61866 | Industrial | Warehouse | 1974 | 2017 | 303,826 | Sq. Ft. | 5,315,000 | 5,302,065 | ||
16.03 | Wichita | LCF | 3737 S Midco Street | Wichita | KS | 67215 | Industrial | Warehouse | 2001 | 73,740 | Sq. Ft. | 4,171,000 | 4,160,849 | |||
16.04 | Richland | LCF | 500 U.S. 49 Frontage Road | Richland | MS | 39218 | Industrial | Warehouse Distribution | 1989 | 2015 | 127,500 | Sq. Ft. | 3,709,000 | 3,699,973 | ||
17 | Hi-25 | BSPRT | 25 East 19th Street | Brooklyn | NY | 11226 | Multifamily | Mid Rise | 2018 | 49 | Units | 382,653 | 18,750,000 | 18,750,000 | ||
18 | 188 Spear Street | Barclays | 188 Spear Street | San Francisco | CA | 94105 | Office | CBD | 1972 | 2012 | 218,669 | Sq. Ft. | 572 | 18,000,000 | 18,000,000 | |
19 | El Con Center | RMF | 3601 East Broadway Boulevard | Tucson | AZ | 85716 | Retail | Anchored | 1971 | 2014 | 480,383 | Sq. Ft. | 131 | 18,000,000 | 18,000,000 | |
20 | The Beacon | LCF | 1039 Grant Street | Atlanta | GA | 30315 | Mixed Use | Retail/Office | 1958 | 2019 | 75,910 | Sq. Ft. | 231 | 17,500,000 | 17,500,000 | |
21 | Mount Kemble | BSPRT | 350-360 Mount Kemble Avenue | Morristown | NJ | 07960 | Office | Suburban | 1999 | 229,719 | Sq. Ft. | 135 | 17,000,000 | 17,000,000 | ||
22 | Bloomfield Square Apartments | LCF | 3161 Bloomfield Lane | Auburn Hills | MI | 48326 | Multifamily | Garden | 1970 | 2019 | 259 | Units | 65,637 | 17,000,000 | 17,000,000 | |
23 | Lehigh Student Housing Portfolio | LCF | Various | Bethlehem | PA | 18015 | Multifamily | Student Housing | Various | Various | 219 | Beds | 73,059 | 16,000,000 | 16,000,000 | |
24 | TownePlace Suites Sacramento Cal Expo | RMF | 1784 Tribute Road | Sacramento | CA | 95815 | Hospitality | Limited Service | 2007 | 2015 | 118 | Rooms | 110,463 | 13,050,000 | 13,034,620 | |
25 | Shetland Park | RMF | 16 Lynch Street; 18 Perkins Street; 47 and 78 Congress Street | Salem | MA | 01970 | Mixed Use | Industrial/Office/Self Storage | 1916 | 2016 | 1,191,297 | Sq. Ft. | 49 | 13,000,000 | 12,957,960 | |
26 | Best Western Colorado Springs Portfolio | LCF | Various | Colorado Springs | CO | Various | Hospitality | Limited Service | Various | Various | 183 | Rooms | 68,230 | 12,500,000 | 12,486,084 | |
26.01 | Best Western Plus Peak Vista | LCF | 7265 Commerce Center Drive | Colorado Springs | CO | 80919 | Hospitality | Limited Service | 1997 | 2014 | 99 | Rooms | 7,482,000 | 7,473,670 | ||
26.02 | Best Western Executive Inn & Suites | LCF | 1440 Harrison Road | Colorado Springs | CO | 80905 | Hospitality | Limited Service | 1981 | 2015 | 84 | Rooms | 5,018,000 | 5,012,413 | ||
27 | Smoke Tree Village and Smoke Tree Commons | RMF | Various | Palm Springs | CA | 92264 | Retail | Anchored | Various | Various | 281,235 | Sq. Ft. | 126 | 10,000,000 | 10,000,000 | |
27.01 | Smoke Tree Commons | RMF | 2465 East Palm Canyon Drive | Palm Springs | CA | 92264 | Retail | Anchored | 2008 | 171,479 | Sq. Ft. | 6,097,356 | 6,097,356 | |||
27.02 | Smoke Tree Village | RMF | 1733-1793 East Palm Canyon Drive | Palm Springs | CA | 92264 | Retail | Anchored | 1967 | 109,756 | Sq. Ft. | 3,902,644 | 3,902,644 | |||
28 | South Grove Shopping Center | AREF | 7638 Mountain Grove Drive | Knoxville | TN | 37920 | Retail | Anchored | 2007 | 2009 | 89,021 | Sq. Ft. | 110 | 9,750,000 | 9,750,000 | |
29 | Hampton Inn Sneads Ferry | RMF | 1248 North Carolina Highway 210 | Sneads Ferry | NC | 28460 | Hospitality | Limited Service | 2018 | 90 | Rooms | 107,211 | 9,660,000 | 9,648,996 | ||
30 | Del Mar Terrace Apartments | BSPRT | 7007 West Indian School Road | Phoenix | AZ | 85033 | Multifamily | Garden | 1985 | 1,012 | Units | 16,008 | 9,500,000 | 9,500,000 | ||
31 | Central Park Plaza | LCF | 26211 Central Park Boulevard | Southfield | MI | 48076 | Office | Suburban | 1972 | 2016 | 115,276 | Sq. Ft. | 80 | 9,250,000 | 9,250,000 | |
32 | Cedar Crest | LCF | 1031 West Main Street | Lebanon | TN | 37087 | Retail | Anchored | 1986 | 149,932 | Sq. Ft. | 60 | 9,000,000 | 8,990,660 | ||
33 | 1305 Tacoma | WFB | 1305, 1301-1313 Tacoma Avenue South | Tacoma | WA | 98402 | Office | Suburban | 1960 | 2019 | 113,891 | Sq. Ft. | 77 | 8,715,000 | 8,715,000 | |
34 | 54 Mint | WFB | 14 Mint Plaza | San Francisco | CA | 94103 | Mixed Use | Office/Retail | 1907 | 1999 | 17,251 | Sq. Ft. | 493 | 8,500,000 | 8,500,000 | |
35 | Cordelia Road | WFB | 2850, 2860 and 2870 Cordelia Road | Fairfield | CA | 94534 | Industrial | Flex | 1992 | 2017 | 99,745 | Sq. Ft. | 84 | 8,400,000 | 8,400,000 | |
36 | 40 East Verdugo | AREF | 40 East Verdugo Avenue | Burbank | CA | 91502 | Office | Suburban | 1951 | 2018 | 24,475 | Sq. Ft. | 327 | 8,000,000 | 8,000,000 | |
37 | Sunrise Lake | AREF | 9307 & 9223 Broadway Street | Pearland | TX | 77584 | Office | Suburban | 2006 | 74,612 | Sq. Ft. | 104 | 7,725,000 | 7,725,000 | ||
38 | Sonoma Point Apartments - CA | WFB | 19349 Riverside Drive | Sonoma | CA | 95476 | Multifamily | Garden | 1987 | 70 | Units | 107,143 | 7,500,000 | 7,500,000 | ||
39 | Best Western Plus Madison/Huntsville | AREF | 9035 Madison Boulevard | Madison | AL | 35758 | Hospitality | Limited Service | 1985 | 2012 | 164 | Rooms | 45,732 | 7,500,000 | 7,500,000 | |
40 | East River Plaza | Barclays | 201 Greasy Ridge Road | Princeton | WV | 24740 | Retail | Anchored | 2000 | 67,965 | Sq. Ft. | 109 | 7,400,000 | 7,390,055 | ||
41 | Fort Evans Plaza Office Buildings | WFB | 540 and 552 Fort Evans Road Northeast | Leesburg | VA | 20176 | Office | Suburban | 2008 | 60,064 | Sq. Ft. | 122 | 7,350,000 | 7,350,000 | ||
42 | 33rd & 23rd Retail Center | WFB | 2330 East 3300 South and 3305 South 2300 East | Millcreek | UT | 84109 | Retail | Anchored | 1986 | 2018 | 45,143 | Sq. Ft. | 149 | 6,750,000 | 6,742,134 | |
43 | CubeSmart -Leesburg | WFB | 1601 Battlefield Parkway, NE | Leesburg | VA | 20176 | Self Storage | Self Storage | 2017 | 54,999 | Sq. Ft. | 116 | 6,400,000 | 6,400,000 | ||
44 | 810 Lufkin Road | LCF | 810 Lufkin Road | Apex | NC | 27539 | Industrial | Warehouse | 1972 | 2018 | 150,832 | Sq. Ft. | 42 | 6,300,000 | 6,300,000 | |
45 | Plaza 273 | BSPRT | 56 West Main Street | Christiana | DE | 19702 | Office | Suburban | 1992 | 76,804 | Sq. Ft. | 78 | 6,000,000 | 6,000,000 | ||
46 | Orangethorpe Center | RMF | 2350-2384 Orangethorpe Avenue | Anaheim | CA | 92806 | Industrial | Flex | 1973 | 2007 | 62,395 | Sq. Ft. | 96 | 6,000,000 | 6,000,000 | |
47 | Courtyard Columbus Dublin | RMF | 5175 Post Road | Dublin | OH | 43017 | Hospitality | Select Service | 1986 | 2015 | 147 | Rooms | 40,773 | 6,000,000 | 5,993,624 | |
48 | 67 Forest Street | LCF | 67 Forest Street | Marlborough | MA | 01752 | Office | Suburban | 1984 | 2019 | 62,610 | Sq. Ft. | 92 | 5,750,000 | 5,743,390 | |
49 | Lofts at Ionia | LCF | 1 Ionia Avenue SW | Grand Rapids | MI | 49503 | Multifamily | Garden | 1885 | 2012 | 23 | Units | 239,130 | 5,500,000 | 5,500,000 | |
50 | Gray Falls Drive Office | WFB | 2550 Gray Falls Drive | Houston | TX | 77077 | Office | Suburban | 1982 | 2018 | 84,967 | Sq. Ft. | 65 | 5,500,000 | 5,500,000 | |
51 | Holiday Inn Express Shelbyville | BSPRT | 38 West Rampart Road | Shelbyville | IN | 46176 | Hospitality | Limited Service | 2010 | 2019 | 74 | Rooms | 72,973 | 5,400,000 | 5,400,000 | |
52 | Neighborhood Shoppes at Polaris | RMF | 8453-8491 Sancus Boulevard | Columbus | OH | 43240 | Retail | Unanchored | 2004 | 33,888 | Sq. Ft. | 144 | 4,875,000 | 4,875,000 | ||
53 | Jefferson Storage | LCF | 4215 Baileys Ridge Boulevard | Prince George | VA | 23875 | Self Storage | Self Storage | 2010 | 61,375 | Sq. Ft. | 77 | 4,700,000 | 4,700,000 | ||
54 | Larkfield Self Storage | WFB | 5241 Old Redwood Highway | Santa Rosa | CA | 95403 | Self Storage | Self Storage | 1988 | 75,525 | Sq. Ft. | 59 | 4,500,000 | 4,489,313 | ||
55 | Red Roof Inn & Suites - Savannah | Barclays | 20 Mill Creek Circle | Pooler | GA | 31322 | Hospitality | Limited Service | 2000 | 2019 | 92 | Rooms | 46,588 | 4,300,000 | 4,286,125 | |
56 | Walgreens Elkton | LCF | 301 East Pulaski Highway | Elkton | MD | 21921 | Retail | Single Tenant | 2008 | 13,706 | Sq. Ft. | 310 | 4,250,000 | 4,250,000 | ||
57 | Superior Storage Cheyenne | LCF | 4405 Van Buren Avenue | Cheyenne | WY | 82001 | Self Storage | Self Storage | 2016 | 493 | Units | 8,519 | 4,200,000 | 4,200,000 | ||
58 | Best Western Shippensburg | RMF | 125 Walnut Bottom Road | Shippensburg | PA | 17257 | Hospitality | Limited Service | 1996 | 2017 | 59 | Rooms | 69,181 | 4,100,000 | 4,081,696 | |
59 | County Fair Market Place | LCF | 1320 Highway 15 S | Hutchinson | MN | 55350 | Retail | Anchored | 1999 | 2017 | 56,577 | Sq. Ft. | 64 | 3,640,000 | 3,640,000 | |
60 | Cintas Rochester | WFB | 2005 and 2007 Brighton Henrietta Town Line Road | Rochester | NY | 14623 | Industrial | Flex | 1968 | 2017 | 48,703 | Sq. Ft. | 75 | 3,640,000 | 3,640,000 | |
61 | Peckville Shopping Center | BSPRT | 1500 Main Street | Peckville | PA | 18452 | Retail | Anchored | 1953 | 2010 | 62,506 | Sq. Ft. | 57 | 3,570,000 | 3,558,854 | |
62 | Icon I & II | AREF | Various | San Diego | CA | 92101 | Mixed Use | Retail/Office | Various | Various | 10,064 | Sq. Ft. | 345 | 3,475,000 | 3,475,000 | |
62.01 | Icon II | AREF | 315 10th Avenue and 1028 K Street | San Diego | CA | 92101 | Mixed Use | Retail/Office | 1920 | 2019 | 4,014 | Sq. Ft. | 1,805,000 | 1,805,000 | ||
62.02 | Icon I | AREF | 390 11th Avenue; 1061 J Street and 1051 J Street | San Diego | CA | 92101 | Mixed Use | Retail/Office | 2007 | 2018 | 6,050 | Sq. Ft. | 1,670,000 | 1,670,000 | ||
63 | Walgreens Spartanburg | LCF | 2198 Southport Road | Spartanburg | SC | 29306 | Retail | Single Tenant | 2008 | 14,820 | Sq. Ft. | 219 | 3,250,000 | 3,250,000 | ||
64 | 707-715 East 47th Street | Barclays | 707-715 East 47th Street | Chicago | IL | 60653 | Mixed Use | Office/Retail | 1991 | 2017 | 21,916 | Sq. Ft. | 115 | 2,525,000 | 2,521,854 | |
65 | 14218 and 14292 US Highway 395 | WFB | 14218 and 14292 US Highway 395 | Adelanto | CA | 92301 | Other | Leased Fee | 2007 | 70,603 | Sq. Ft. | 32 | 2,275,000 | 2,269,542 | ||
66 | Villa Rica Self Storage | RMF | 520 East Montgomery Street | Villa Rica | GA | 30180 | Self Storage | Self Storage | 1986 | 33,974 | Sq. Ft. | 35 | 1,200,000 | 1,200,000 | ||
67 | Dollar General Houghton Lake | LCF | 1011 Byron Avenue | Houghton Lake | MI | 48629 | Retail | Single Tenant | 2018 | 9,100 | Sq. Ft. | 102 | 931,000 | 931,000 |
A-1-1
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | % of Aggregate Cut-off Date Balance | Maturity Date or ARD Balloon Payment ($) | ARD Loan | Origination Date | First Pay Date | Last IO Pay Date | First P&I Pay Date | Maturity Date or Anticipated Repayment Date | ARD Loan Maturity Date | Gross Mortgage Rate | Trust Advisor Fee | Certificate Administrator Fee Rate | Servicing Fee | CREFC® IP Royalty License Fee Rate | Asset Representations Reviewer Fee Rate | Net Mortgage Rate | Interest Accrual Method | Monthly P&I Payment ($) |
1 | Moffett Towers II - Buildings 3 & 4 | 5.5% | 49,750,000 | Y | 6/19/2019 | 8/6/2019 | 7/6/2029 | 7/6/2029 | 6/6/2034 | 3.76386% | 0.00000% | 0.00780% | 0.00375% | 0.00050% | 0.00030% | 3.75151% | Actual/360 | 158,644.09 | |
2 | University Town Center | 4.6% | 41,580,000 | N | 6/24/2019 | 8/6/2019 | 7/6/2029 | 7/6/2029 | 4.00000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 3.98450% | Actual/360 | 140,910.00 | ||
3 | SoCal Retail Portfolio | 4.4% | 40,000,000 | N | 4/25/2019 | 6/6/2019 | 5/6/2029 | 5/6/2029 | 4.05900% | 0.00000% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.04540% | Actual/360 | 137,555.00 | ||
3.01 | The Springs | 0.9% | |||||||||||||||||
3.02 | Summerwood | 0.7% | |||||||||||||||||
3.03 | Food 4 Less – Target Center | 0.4% | |||||||||||||||||
3.04 | El Super Center | 0.4% | |||||||||||||||||
3.05 | Island Plaza | 0.3% | |||||||||||||||||
3.06 | Baldwin Park Promenade | 0.2% | |||||||||||||||||
3.07 | Lynwood Plaza | 0.2% | |||||||||||||||||
3.08 | El Cajon (CVS) | 0.2% | |||||||||||||||||
3.09 | Loma Vista | 0.2% | |||||||||||||||||
3.10 | MLK Medical | 0.2% | |||||||||||||||||
3.11 | Hawthorne Plaza | 0.2% | |||||||||||||||||
3.12 | Five Points Plaza | 0.2% | |||||||||||||||||
3.13 | Towne Center Square | 0.2% | |||||||||||||||||
3.14 | Camarillo | 0.1% | |||||||||||||||||
4 | Embassy Suites at Centennial Olympic Park | 4.3% | 31,229,209 | N | 6/7/2019 | 8/6/2019 | 8/6/2019 | 7/6/2029 | 4.59000% | 0.00000% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.57640% | Actual/360 | 197,138.06 | ||
5 | Capital Plaza | 4.0% | 33,073,718 | N | 7/10/2019 | 9/6/2019 | 8/6/2024 | 9/6/2024 | 8/6/2029 | 4.42000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.40450% | Actual/360 | 181,653.17 | |
6 | Inland Life Storage Portfolio | 3.5% | 26,946,465 | N | 7/2/2019 | 9/1/2019 | 8/1/2022 | 9/1/2022 | 8/1/2029 | 3.80900% | 0.00000% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 3.79540% | Actual/360 | 145,993.40 | |
6.01 | Life Storage - 586 | 0.3% | |||||||||||||||||
6.02 | Life Storage - 145 | 0.2% | |||||||||||||||||
6.03 | Life Storage - 364 | 0.2% | |||||||||||||||||
6.04 | Life Storage - 365 | 0.2% | |||||||||||||||||
6.05 | Life Storage - 212 | 0.2% | |||||||||||||||||
6.06 | Life Storage - 386 | 0.2% | |||||||||||||||||
6.07 | Life Storage - 256 | 0.2% | |||||||||||||||||
6.08 | Life Storage - 206 | 0.1% | |||||||||||||||||
6.09 | Life Storage - 324 | 0.1% | |||||||||||||||||
6.10 | Life Storage - 236 | 0.1% | |||||||||||||||||
6.11 | Life Storage - 184 | 0.1% | |||||||||||||||||
6.12 | Life Storage - 500 | 0.1% | |||||||||||||||||
6.13 | Life Storage - 288 | 0.1% | |||||||||||||||||
6.14 | Life Storage - 299 | 0.1% | |||||||||||||||||
6.15 | Life Storage - 209 | 0.1% | |||||||||||||||||
6.16 | Life Storage - 035 | 0.1% | |||||||||||||||||
6.17 | Life Storage - 074 | 0.1% | |||||||||||||||||
6.18 | Life Storage - 252 | 0.1% | |||||||||||||||||
6.19 | Life Storage - 033 | 0.1% | |||||||||||||||||
6.20 | Life Storage - 205 | 0.1% | |||||||||||||||||
6.21 | Life Storage - 300 | 0.1% | |||||||||||||||||
6.22 | Life Storage - 026 | 0.1% | |||||||||||||||||
6.23 | Life Storage - 361 | 0.1% | |||||||||||||||||
6.24 | Life Storage - 165 | 0.1% | |||||||||||||||||
6.25 | Life Storage - 208 | 0.1% | |||||||||||||||||
6.26 | Life Storage - 211 | 0.1% | |||||||||||||||||
6.27 | Life Storage - 021 | 0.1% | |||||||||||||||||
6.28 | Life Storage - 298 | 0.1% | |||||||||||||||||
6.29 | Life Storage - 297 | 0.0% | |||||||||||||||||
6.30 | Life Storage - 153 | 0.0% | |||||||||||||||||
6.31 | Life Storage - 075 | 0.0% | |||||||||||||||||
6.32 | Life Storage - 152 | 0.0% | |||||||||||||||||
7 | Olympia Medical Office | 3.3% | 30,000,000 | N | 6/20/2019 | 8/11/2019 | 7/11/2024 | 7/11/2024 | 4.95000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.93450% | Actual/360 | 125,812.50 | ||
8 | Sugar Creek Center | 3.2% | 23,601,994 | N | 5/17/2019 | 7/6/2019 | 7/6/2019 | 6/6/2029 | 4.69000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.67450% | Actual/360 | 150,230.71 | ||
9 | 3300 Renner | 3.2% | 28,560,000 | N | 7/19/2019 | 9/6/2019 | 8/6/2029 | 8/6/2029 | 4.04000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.02450% | Actual/360 | 97,754.53 | ||
10 | Mahwah Business Park | 3.2% | 24,176,582 | N | 7/22/2019 | 9/6/2019 | 8/6/2021 | 9/6/2021 | 8/6/2029 | 4.25000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.23450% | Actual/360 | 140,202.87 | |
11 | Sequa Corporation Industrial Portfolio | 3.0% | 24,589,837 | Y | 7/22/2019 | 9/11/2019 | 8/11/2024 | 9/11/2024 | 8/11/2029 | 8/11/2032 | 3.99000% | 0.00190% | 0.00780% | 0.02500% | 0.00050% | 0.00030% | 3.95450% | Actual/360 | 129,223.36 |
11.01 | 3401 Queen Palm Drive - Tampa | 1.0% | |||||||||||||||||
11.02 | 3636 Arrowhead Drive - Carson City | 0.8% | |||||||||||||||||
11.03 | 601 Marshall Phelps Road - Windsor | 0.6% | |||||||||||||||||
11.04 | 5161 West Polk Street - Phoenix | 0.4% | |||||||||||||||||
11.05 | 420 Commerce Boulevard - Oldsmar | 0.2% | |||||||||||||||||
12 | Grand Traverse Crossing | 2.7% | 20,691,856 | N | 5/10/2019 | 7/6/2019 | 12/6/2020 | 1/6/2021 | 6/6/2029 | 4.86000% | 0.00190% | 0.00780% | 0.02500% | 0.00050% | 0.00030% | 4.82450% | Actual/360 | 128,376.45 | |
13 | Lenox Park | 2.7% | 19,298,877 | N | 7/17/2019 | 9/6/2019 | 9/6/2019 | 8/6/2029 | 4.12000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.10450% | Actual/360 | 117,154.40 | ||
14 | DCB Industrial Portfolio | 2.7% | 21,947,432 | N | 7/19/2019 | 9/6/2019 | 8/6/2024 | 9/6/2024 | 8/6/2029 | 4.30000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.28450% | Actual/360 | 119,078.44 | |
14.01 | DCB Savannah, GA | 1.4% | |||||||||||||||||
14.02 | DCB Visalia, CA | 0.5% | |||||||||||||||||
14.03 | DCB Bremen, GA | 0.5% | |||||||||||||||||
14.04 | DCB Bondurant, IA | 0.2% | |||||||||||||||||
14.05 | DCB Mitchellville, IA 2 | 0.1% | |||||||||||||||||
14.06 | DCB Mitchellville, IA 1 | 0.1% | |||||||||||||||||
15 | Renaissance Center VI | 2.5% | 21,068,303 | N | 7/12/2019 | 9/6/2019 | 8/6/2022 | 9/6/2022 | 8/6/2026 | 4.73000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.71450% | Actual/360 | 117,099.57 | |
16 | Triyar Portfolio III | 2.3% | 17,059,945 | N | 5/31/2019 | 7/6/2019 | 7/6/2019 | 6/6/2029 | 4.66000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.64450% | Actual/360 | 108,321.87 | ||
16.01 | Greenville | 0.9% | |||||||||||||||||
16.02 | Rantoul | 0.6% | |||||||||||||||||
16.03 | Wichita | 0.5% | |||||||||||||||||
16.04 | Richland | 0.4% | |||||||||||||||||
17 | Hi-25 | 2.1% | 18,750,000 | N | 3/8/2019 | 5/6/2019 | 7/6/2029 | 7/6/2029 | 5.15000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 5.13450% | Actual/360 | 81,809.90 | ||
18 | 188 Spear Street | 2.0% | 18,000,000 | N | 6/5/2019 | 7/6/2019 | 6/6/2029 | 6/6/2029 | 3.57000% | 0.00000% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 3.55640% | Actual/360 | 54,442.50 | ||
19 | El Con Center | 2.0% | 18,000,000 | N | 5/1/2019 | 6/6/2019 | 5/6/2029 | 5/6/2029 | 4.82000% | 0.00000% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.80640% | Actual/360 | 73,505.00 | ||
20 | The Beacon | 1.9% | 14,632,116 | N | 7/22/2019 | 9/6/2019 | 8/6/2020 | 9/6/2020 | 8/6/2029 | 4.67300% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.65750% | Actual/360 | 90,477.84 | |
21 | Mount Kemble | 1.9% | 17,000,000 | N | 7/19/2019 | 9/6/2019 | 8/6/2029 | 8/6/2029 | 4.08105% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.06555% | Actual/360 | 58,778.44 | ||
22 | Bloomfield Square Apartments | 1.9% | 17,000,000 | N | 7/16/2019 | 9/6/2019 | 8/6/2029 | 8/6/2029 | 4.61000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.59450% | Actual/360 | 66,396.81 | ||
23 | Lehigh Student Housing Portfolio | 1.8% | 14,086,384 | N | 7/8/2019 | 9/6/2019 | 8/6/2022 | 9/6/2022 | 8/6/2029 | 4.75000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.73450% | Actual/360 | 83,463.57 | |
24 | TownePlace Suites Sacramento Cal Expo | 1.4% | 10,571,013 | N | 7/11/2019 | 8/6/2019 | 8/6/2019 | 7/6/2029 | 4.55000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.53450% | Actual/360 | 66,510.70 | ||
25 | Shetland Park | 1.4% | 12,018,634 | N | 5/1/2019 | 6/6/2019 | 6/6/2019 | 5/6/2024 | 5.15000% | 0.00000% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 5.13640% | Actual/360 | 70,983.41 | ||
26 | Best Western Colorado Springs Portfolio | 1.4% | 10,211,521 | N | 6/12/2019 | 8/6/2019 | 8/6/2019 | 7/6/2029 | 4.80000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.78450% | Actual/360 | 65,583.17 | ||
26.01 | Best Western Plus Peak Vista | 0.8% | |||||||||||||||||
26.02 | Best Western Executive Inn & Suites | 0.6% | |||||||||||||||||
27 | Smoke Tree Village and Smoke Tree Commons | 1.1% | 9,177,626 | N | 7/8/2019 | 8/6/2019 | 7/6/2024 | 8/6/2024 | 7/6/2029 | 4.68300% | 0.00000% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.66940% | Actual/360 | 51,761.65 | |
27.01 | Smoke Tree Commons | 0.7% | |||||||||||||||||
27.02 | Smoke Tree Village | 0.4% | |||||||||||||||||
28 | South Grove Shopping Center | 1.1% | 7,977,677 | N | 7/17/2019 | 9/6/2019 | 9/6/2019 | 8/6/2029 | 4.85000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.83450% | Actual/360 | 51,449.95 | ||
29 | Hampton Inn Sneads Ferry | 1.1% | 7,865,005 | N | 6/13/2019 | 8/6/2019 | 8/6/2019 | 7/6/2029 | 4.70000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.68450% | Actual/360 | 50,100.41 | ||
30 | Del Mar Terrace Apartments | 1.1% | 9,500,000 | N | 6/27/2019 | 8/6/2019 | 7/6/2029 | 7/6/2029 | 2.90000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 2.88450% | Actual/360 | 23,340.97 | ||
31 | Central Park Plaza | 1.0% | 7,087,108 | N | 7/12/2019 | 9/6/2019 | 9/6/2019 | 8/6/2029 | 4.45000% | 0.00190% | 0.00780% | 0.05500% | 0.00050% | 0.00030% | 4.38450% | Actual/360 | 49,102.01 | ||
32 | Cedar Crest | 1.0% | 7,425,244 | N | 6/21/2019 | 8/6/2019 | 8/6/2019 | 7/6/2029 | 5.10000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 5.08450% | Actual/360 | 48,865.48 | ||
33 | 1305 Tacoma | 1.0% | 8,715,000 | N | 5/9/2019 | 6/11/2019 | 5/11/2029 | 5/11/2029 | 4.38000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.36450% | Actual/360 | 32,339.91 | ||
34 | 54 Mint | 0.9% | 8,500,000 | N | 5/15/2019 | 7/11/2019 | 6/11/2029 | 6/11/2029 | 4.18000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.16450% | Actual/360 | 30,101.81 | ||
35 | Cordelia Road | 0.9% | 8,400,000 | N | 5/29/2019 | 7/11/2019 | 6/11/2029 | 6/11/2029 | 3.95300% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 3.93750% | Actual/360 | 28,132.18 | ||
36 | 40 East Verdugo | 0.9% | 8,000,000 | N | 7/2/2019 | 8/6/2019 | 7/6/2029 | 7/6/2029 | 4.62000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.60450% | Actual/360 | 31,313.33 | ||
37 | Sunrise Lake | 0.9% | 6,412,083 | N | 7/10/2019 | 9/6/2019 | 12/6/2020 | 1/6/2021 | 8/6/2029 | 4.13000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.11450% | Actual/360 | 37,461.64 | |
38 | Sonoma Point Apartments - CA | 0.8% | 7,500,000 | N | 5/31/2019 | 7/11/2019 | 6/11/2026 | 6/11/2026 | 4.30000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.28450% | Actual/360 | 27,322.92 | ||
39 | Best Western Plus Madison/Huntsville | 0.8% | 5,639,225 | N | 7/16/2019 | 9/6/2019 | 9/6/2019 | 8/6/2029 | 5.15000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 5.13450% | Actual/360 | 44,502.20 | ||
40 | East River Plaza | 0.8% | 5,868,589 | N | 6/28/2019 | 8/6/2019 | 8/6/2019 | 7/6/2029 | 3.95000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 3.93450% | Actual/360 | 35,115.76 | ||
41 | Fort Evans Plaza Office Buildings | 0.8% | 7,350,000 | N | 6/28/2019 | 8/11/2019 | 7/11/2029 | 7/11/2029 | 3.85000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 3.83450% | Actual/360 | 23,974.27 | ||
42 | 33rd & 23rd Retail Center | 0.7% | 5,477,120 | N | 7/8/2019 | 8/11/2019 | 8/11/2019 | 7/11/2029 | 4.60000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.58450% | Actual/360 | 34,603.49 | ||
43 | CubeSmart -Leesburg | 0.7% | 6,400,000 | N | 6/28/2019 | 8/11/2019 | 7/11/2029 | 7/11/2029 | 3.95000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 3.93450% | Actual/360 | 21,417.78 | ||
44 | 810 Lufkin Road | 0.7% | 5,792,346 | N | 5/21/2019 | 7/6/2019 | 6/6/2024 | 7/6/2024 | 6/6/2029 | 4.80000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.78450% | Actual/360 | 33,053.92 | |
45 | Plaza 273 | 0.7% | 4,998,155 | N | 7/12/2019 | 9/6/2019 | 8/6/2020 | 9/6/2020 | 8/6/2029 | 4.55000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.53450% | Actual/360 | 30,579.63 | |
46 | Orangethorpe Center | 0.7% | 6,000,000 | N | 6/27/2019 | 8/6/2019 | 7/6/2029 | 7/6/2029 | 4.22000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.20450% | Actual/360 | 21,451.67 | ||
47 | Courtyard Columbus Dublin | 0.7% | 4,934,063 | N | 6/12/2019 | 8/6/2019 | 8/6/2019 | 7/6/2029 | 5.00000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.98450% | Actual/360 | 32,209.30 | ||
48 | 67 Forest Street | 0.6% | 4,675,220 | N | 7/3/2019 | 8/6/2019 | 8/6/2019 | 7/6/2029 | 4.66000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.64450% | Actual/360 | 29,683.59 | ||
49 | Lofts at Ionia | 0.6% | 5,500,000 | N | 7/12/2019 | 9/6/2019 | 8/6/2029 | 8/6/2029 | 4.75000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.73450% | Actual/360 | 22,133.68 | ||
50 | Gray Falls Drive Office | 0.6% | 4,482,214 | N | 7/16/2019 | 9/11/2019 | 9/11/2019 | 8/11/2029 | 4.73000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.71450% | Actual/360 | 28,624.34 | ||
51 | Holiday Inn Express Shelbyville | 0.6% | 4,438,856 | N | 7/12/2019 | 9/6/2019 | 9/6/2019 | 8/6/2029 | 4.99000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.97450% | Actual/360 | 28,955.37 | ||
52 | Neighborhood Shoppes at Polaris | 0.5% | 4,471,644 | N | 7/18/2019 | 9/6/2019 | 8/6/2024 | 9/6/2024 | 8/6/2029 | 4.65000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.63450% | Actual/360 | 25,137.29 | |
53 | Jefferson Storage | 0.5% | 4,133,214 | N | 7/18/2019 | 9/6/2019 | 8/6/2022 | 9/6/2022 | 8/6/2029 | 4.70000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.68450% | Actual/360 | 24,375.98 | |
54 | Larkfield Self Storage | 0.5% | 3,673,476 | N | 5/31/2019 | 7/11/2019 | 7/11/2019 | 6/11/2029 | 4.78000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.76450% | Actual/360 | 23,555.57 | ||
55 | Red Roof Inn & Suites - Savannah | 0.5% | 3,215,660 | N | 5/28/2019 | 7/6/2019 | 7/6/2019 | 6/6/2029 | 5.00000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.98450% | Actual/360 | 25,137.37 | ||
56 | Walgreens Elkton | 0.5% | 4,250,000 | Y | 7/19/2019 | 9/6/2019 | 8/6/2029 | 8/6/2029 | 10/6/2033 | 4.65700% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.64150% | Actual/360 | 16,768.43 | |
57 | Superior Storage Cheyenne | 0.5% | 4,200,000 | N | 6/4/2019 | 7/6/2019 | 6/6/2029 | 6/6/2029 | 4.75000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.73450% | Actual/360 | 16,902.08 | ||
58 | Best Western Shippensburg | 0.5% | 3,110,844 | N | 5/10/2019 | 6/6/2019 | 6/6/2019 | 5/6/2029 | 5.40000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 5.38450% | Actual/360 | 24,933.33 | ||
59 | County Fair Market Place | 0.4% | 3,338,919 | N | 7/3/2019 | 8/6/2019 | 7/6/2024 | 8/6/2024 | 7/6/2029 | 4.65000% | 0.00190% | 0.00780% | 0.04500% | 0.00050% | 0.00030% | 4.59450% | Actual/360 | 18,769.18 | |
60 | Cintas Rochester | 0.4% | 3,640,000 | Y | 6/4/2019 | 7/11/2019 | 6/11/2029 | 6/11/2029 | 6/11/2039 | 4.03500% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.01950% | Actual/360 | 12,443.49 | |
61 | Peckville Shopping Center | 0.4% | 2,689,164 | N | 5/8/2019 | 7/6/2019 | 7/6/2019 | 6/6/2029 | 5.20000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 5.18450% | Actual/360 | 21,287.96 | ||
62 | Icon I & II | 0.4% | 3,475,000 | N | 7/17/2019 | 9/6/2019 | 8/6/2029 | 8/6/2029 | 4.50000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.48450% | Actual/360 | 13,248.44 | ||
62.01 | Icon II | 0.2% | |||||||||||||||||
62.02 | Icon I | 0.2% | |||||||||||||||||
63 | Walgreens Spartanburg | 0.4% | 3,250,000 | Y | 7/19/2019 | 9/6/2019 | 8/6/2029 | 8/6/2029 | 3/6/2033 | 4.53700% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.52150% | Actual/360 | 12,492.50 | |
64 | 707-715 East 47th Street | 0.3% | 2,027,680 | N | 6/28/2019 | 8/6/2019 | 8/6/2019 | 7/6/2029 | 4.30000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.28450% | Actual/360 | 12,495.50 | ||
65 | 14218 and 14292 US Highway 395 | 0.3% | 1,854,033 | N | 6/4/2019 | 7/11/2019 | 7/11/2019 | 6/11/2029 | 4.73000% | 0.00190% | 0.00780% | 0.08250% | 0.00050% | 0.00030% | 4.63700% | Actual/360 | 11,840.07 | ||
66 | Villa Rica Self Storage | 0.1% | 1,031,688 | N | 6/7/2019 | 7/6/2019 | 6/6/2021 | 7/6/2021 | 6/6/2029 | 4.75000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 4.73450% | Actual/360 | 6,259.77 | |
67 | Dollar General Houghton Lake | 0.1% | 931,000 | Y | 7/18/2019 | 9/6/2019 | 8/6/2029 | 8/6/2029 | 12/6/2033 | 5.53000% | 0.00190% | 0.00780% | 0.00500% | 0.00050% | 0.00030% | 5.51450% | Actual/360 | 4,361.86 |
A-1-2
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Amortization Type | Interest Accrual Method During IO | Original Term to Maturity or ARD (Mos.) | Remaining Term to Maturity or ARD (Mos.) | Original IO Period (Mos.) | Remaining IO Period (Mos.) | Original Amort Term (Mos.) | Remaining Amort Term (Mos.) | Seasoning | Prepayment Provisions | Grace Period Default (Days) | Grace Period Late (Days) | Appraised Value ($)(4) | Appraisal Date | Coop -Rental Value | Coop - LTV as Rental | Coop - Unsold Percent |
1 | Moffett Towers II - Buildings 3 & 4 | Interest-only, ARD | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(24),GRTR 1% or YM(1),GRTR 1% or YM or D(88),O(7) | 0 | 0 | 790,000,000 | Various | |||
2 | University Town Center | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 66,000,000 | 5/3/2019 | |||
3 | SoCal Retail Portfolio | Interest-only, Balloon | Actual/360 | 120 | 117 | 120 | 117 | 0 | 0 | 3 | L(27),GRTR 1% or YM(88),O(5) | 0 | 0 | 413,250,000 | Various | |||
3.01 | The Springs | 87,000,000 | 3/26/2019 | |||||||||||||||
3.02 | Summerwood | 58,000,000 | 4/8/2019 | |||||||||||||||
3.03 | Food 4 Less – Target Center | 45,000,000 | 4/9/2019 | |||||||||||||||
3.04 | El Super Center | 40,000,000 | 3/22/2019 | |||||||||||||||
3.05 | Island Plaza | 30,500,000 | 3/22/2019 | |||||||||||||||
3.06 | Baldwin Park Promenade | 23,700,000 | 3/21/2019 | |||||||||||||||
3.07 | Lynwood Plaza | 23,500,000 | 3/22/2019 | |||||||||||||||
3.08 | El Cajon (CVS) | 15,500,000 | 4/8/2019 | |||||||||||||||
3.09 | Loma Vista | 17,000,000 | 3/23/2019 | |||||||||||||||
3.10 | MLK Medical | 15,200,000 | 3/24/2019 | |||||||||||||||
3.11 | Hawthorne Plaza | 17,500,000 | 3/22/2019 | |||||||||||||||
3.12 | Five Points Plaza | 17,100,000 | 3/21/2019 | |||||||||||||||
3.13 | Towne Center Square | 14,600,000 | 3/20/2019 | |||||||||||||||
3.14 | Camarillo | 8,650,000 | 3/21/2019 | |||||||||||||||
4 | Embassy Suites at Centennial Olympic Park | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 122,000,000 | 5/7/2019 | ||||
5 | Capital Plaza | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | L(24),D(91),O(5) | 0 | 0 | 56,000,000 | 4/9/2019 | |||
6 | Inland Life Storage Portfolio | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 36 | 36 | 360 | 360 | 0 | L(25),GRTR 1% or YM(92),O(3) | 0 | 0 | 225,000,000 | 6/28/2019 | |||
6.01 | Life Storage - 586 | 15,400,000 | 6/6/2019 | |||||||||||||||
6.02 | Life Storage - 145 | 12,400,000 | 6/7/2019 | |||||||||||||||
6.03 | Life Storage - 364 | 12,400,000 | 6/6/2019 | |||||||||||||||
6.04 | Life Storage - 365 | 12,000,000 | 6/6/2019 | |||||||||||||||
6.05 | Life Storage - 212 | 10,400,000 | 6/13/2019 | |||||||||||||||
6.06 | Life Storage - 386 | 9,700,000 | 6/10/2019 | |||||||||||||||
6.07 | Life Storage - 256 | 9,400,000 | 6/10/2019 | |||||||||||||||
6.08 | Life Storage - 206 | 8,900,000 | 6/10/2019 | |||||||||||||||
6.09 | Life Storage - 324 | 8,400,000 | 6/12/2019 | |||||||||||||||
6.10 | Life Storage - 236 | 9,200,000 | 6/13/2019 | |||||||||||||||
6.11 | Life Storage - 184 | 7,700,000 | 6/6/2019 | |||||||||||||||
6.12 | Life Storage - 500 | 7,150,000 | 6/13/2019 | |||||||||||||||
6.13 | Life Storage - 288 | 7,100,000 | 6/10/2019 | |||||||||||||||
6.14 | Life Storage - 299 | 6,500,000 | 6/12/2019 | |||||||||||||||
6.15 | Life Storage - 209 | 7,000,000 | 6/12/2019 | |||||||||||||||
6.16 | Life Storage - 035 | 6,400,000 | 6/13/2019 | |||||||||||||||
6.17 | Life Storage - 074 | 6,000,000 | 6/10/2019 | |||||||||||||||
6.18 | Life Storage - 252 | 5,800,000 | 6/7/2019 | |||||||||||||||
6.19 | Life Storage - 033 | 5,350,000 | 6/13/2019 | |||||||||||||||
6.20 | Life Storage - 205 | 4,300,000 | 6/6/2019 | |||||||||||||||
6.21 | Life Storage - 300 | 5,300,000 | 6/13/2019 | |||||||||||||||
6.22 | Life Storage - 026 | 4,700,000 | 6/12/2019 | |||||||||||||||
6.23 | Life Storage - 361 | 4,100,000 | 6/6/2019 | |||||||||||||||
6.24 | Life Storage - 165 | 3,850,000 | 6/12/2019 | |||||||||||||||
6.25 | Life Storage - 208 | 3,700,000 | 6/12/2019 | |||||||||||||||
6.26 | Life Storage - 211 | 3,600,000 | 6/12/2019 | |||||||||||||||
6.27 | Life Storage - 021 | 4,200,000 | 6/13/2019 | |||||||||||||||
6.28 | Life Storage - 298 | 3,200,000 | 6/13/2019 | |||||||||||||||
6.29 | Life Storage - 297 | 2,500,000 | 6/13/2019 | |||||||||||||||
6.30 | Life Storage - 153 | 1,950,000 | 6/12/2019 | |||||||||||||||
6.31 | Life Storage - 075 | 1,800,000 | 6/6/2019 | |||||||||||||||
6.32 | Life Storage - 152 | 1,700,000 | 6/10/2019 | |||||||||||||||
7 | Olympia Medical Office | Interest-only, Balloon | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 1 | L(25),D(31),O(4) | 0 | 0 | 50,700,000 | 6/1/2019 | |||
8 | Sugar Creek Center | Amortizing Balloon | 120 | 118 | 0 | 0 | 360 | 358 | 2 | L(24),GRTR 1% or YM(89),O(7) | 0 | 10 | 41,100,000 | 4/22/2019 | ||||
9 | 3300 Renner | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),D(92),O(4) | 0 | 5 | 45,020,000 | 9/1/2019 | |||
10 | Mahwah Business Park | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 24 | 24 | 360 | 360 | 0 | L(24),D(91),O(5) | 0 | 0 | 42,000,000 | 6/13/2019 | |||
11 | Sequa Corporation Industrial Portfolio | Interest-only, Amortizing ARD | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | L(24),GRTR 1% or YM(91),O(5) | 0 | 5 | 54,200,000 | Various | |||
11.01 | 3401 Queen Palm Drive - Tampa | 18,600,000 | 12/6/2018 | |||||||||||||||
11.02 | 3636 Arrowhead Drive - Carson City | 14,100,000 | 12/6/2018 | |||||||||||||||
11.03 | 601 Marshall Phelps Road - Windsor | 10,300,000 | 12/13/2018 | |||||||||||||||
11.04 | 5161 West Polk Street - Phoenix | 7,400,000 | 12/18/2018 | |||||||||||||||
11.05 | 420 Commerce Boulevard - Oldsmar | 3,800,000 | 12/6/2018 | |||||||||||||||
12 | Grand Traverse Crossing | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 18 | 16 | 360 | 360 | 2 | L(26),D(89),O(5) | 0 | 0 | 34,400,000 | 4/16/2019 | |||
13 | Lenox Park | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | 34,600,000 | 6/6/2019 | ||||
14 | DCB Industrial Portfolio | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | L(24),GRTR 1% or YM or D(92),O(4) | 0 | 0 | 40,500,000 | 6/1/2019 | |||
14.01 | DCB Savannah, GA | 20,000,000 | 6/3/2019 | |||||||||||||||
14.02 | DCB Visalia, CA | 7,210,000 | 5/30/2019 | |||||||||||||||
14.03 | DCB Bremen, GA | 7,000,000 | 6/6/2019 | |||||||||||||||
14.04 | DCB Bondurant, IA | 2,830,000 | 6/10/2019 | |||||||||||||||
14.05 | DCB Mitchellville, IA 2 | 1,390,000 | 6/10/2019 | |||||||||||||||
14.06 | DCB Mitchellville, IA 1 | 810,000 | 6/10/2019 | |||||||||||||||
15 | Renaissance Center VI | Interest-only, Amortizing Balloon | Actual/360 | 84 | 84 | 36 | 36 | 360 | 360 | 0 | L(24),D(56),O(4) | 0 | 0 | 50,400,000 | 6/11/2019 | |||
16 | Triyar Portfolio III | Amortizing Balloon | 120 | 118 | 0 | 0 | 360 | 358 | 2 | L(26),D(90),O(4) | 0 | 0 | 29,700,000 | Various | ||||
16.01 | Greenville | 10,600,000 | 5/2/2019 | |||||||||||||||
16.02 | Rantoul | 7,700,000 | 4/26/2019 | |||||||||||||||
16.03 | Wichita | 5,900,000 | 5/1/2019 | |||||||||||||||
16.04 | Richland | 5,500,000 | 4/30/2019 | |||||||||||||||
17 | Hi-25 | Interest-only, Balloon | Actual/360 | 123 | 119 | 123 | 119 | 0 | 0 | 4 | L(28),D(91),O(4) | 0 | 0 | 27,800,000 | 2/1/2019 | |||
18 | 188 Spear Street | Interest-only, Balloon | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 2 | L(26),D(87),O(7) | 0 | 0 | 217,000,000 | 4/29/2019 | |||
19 | El Con Center | Interest-only, Balloon | Actual/360 | 120 | 117 | 120 | 117 | 0 | 0 | 3 | L(23),GRTR 1% or YM(93),O(4) | 0 | 0 | 100,300,000 | 3/13/2019 | |||
20 | The Beacon | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 12 | 12 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | 27,500,000 | 5/23/2019 | |||
21 | Mount Kemble | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),D(92),O(4) | 0 | 0 | 46,800,000 | 5/29/2019 | |||
22 | Bloomfield Square Apartments | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),D(92),O(4) | 0 | 0 | 26,300,000 | 4/17/2019 | |||
23 | Lehigh Student Housing Portfolio | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 36 | 36 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | 22,500,000 | 6/4/2019 | |||
24 | TownePlace Suites Sacramento Cal Expo | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(90),O(5) | 0 | 0 | 23,500,000 | 5/13/2019 | ||||
25 | Shetland Park | Amortizing Balloon | 60 | 57 | 0 | 0 | 360 | 357 | 3 | L(27),D(29),O(4) | 0 | 0 | 79,400,000 | 4/3/2019 | ||||
26 | Best Western Colorado Springs Portfolio | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 5 | 21,100,000 | 4/10/2019 | ||||
26.01 | Best Western Plus Peak Vista | 12,300,000 | 4/10/2019 | |||||||||||||||
26.02 | Best Western Executive Inn & Suites | 8,800,000 | 4/10/2019 | |||||||||||||||
27 | Smoke Tree Village and Smoke Tree Commons | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 60 | 59 | 360 | 360 | 1 | L(24),GRTR 1% or YM(92),O(4) | 0 | 0 | 62,100,000 | 4/20/2019 | |||
27.01 | Smoke Tree Commons | 37,864,583 | 4/20/2019 | |||||||||||||||
27.02 | Smoke Tree Village | 24,235,417 | 4/20/2019 | |||||||||||||||
28 | South Grove Shopping Center | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(91),O(5) | 0 | 0 | 13,000,000 | 6/10/2019 | ||||
29 | Hampton Inn Sneads Ferry | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 13,900,000 | 4/23/2019 | ||||
30 | Del Mar Terrace Apartments | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),GRTR 1% or YM(91),O(4) | 0 | 0 | 99,900,000 | 6/7/2019 | |||
31 | Central Park Plaza | Amortizing Balloon | 120 | 120 | 0 | 0 | 324 | 324 | 0 | L(24),D(92),O(4) | 0 | 0 | 15,000,000 | 5/21/2019 | ||||
32 | Cedar Crest | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(88),O(7) | 0 | 0 | 12,500,000 | 4/26/2019 | ||||
33 | 1305 Tacoma | Interest-only, Balloon | Actual/360 | 120 | 117 | 120 | 117 | 0 | 0 | 3 | L(27),D(89),O(4) | 0 | 0 | 13,500,000 | 2/22/2019 | |||
34 | 54 Mint | Interest-only, Balloon | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 2 | L(26),D(90),O(4) | 0 | 0 | 14,630,000 | 4/4/2019 | |||
35 | Cordelia Road | Interest-only, Balloon | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 2 | L(26),GRTR 1% or YM or D(90),O(4) | 0 | 5 | 15,830,000 | 4/19/2019 | |||
36 | 40 East Verdugo | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 13,500,000 | 5/21/2019 | |||
37 | Sunrise Lake | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 16 | 16 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | 10,390,000 | 6/3/2019 | |||
38 | Sonoma Point Apartments - CA | Interest-only, Balloon | Actual/360 | 84 | 82 | 84 | 82 | 0 | 0 | 2 | L(26),D(54),O(4) | 0 | 0 | 18,530,000 | 4/10/2019 | |||
39 | Best Western Plus Madison/Huntsville | Amortizing Balloon | 120 | 120 | 0 | 0 | 300 | 300 | 0 | L(24),D(92),O(4) | 0 | 0 | 12,700,000 | 6/24/2019 | ||||
40 | East River Plaza | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(90),O(5) | 0 | 0 | 11,100,000 | 6/3/2019 | ||||
41 | Fort Evans Plaza Office Buildings | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 14,000,000 | 6/5/2019 | |||
42 | 33rd & 23rd Retail Center | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),GRTR 1% or YM(91),O(4) | 0 | 0 | 9,000,000 | 5/21/2019 | ||||
43 | CubeSmart -Leesburg | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 11,650,000 | 5/29/2019 | |||
44 | 810 Lufkin Road | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 60 | 58 | 360 | 360 | 2 | L(26),D(91),O(3) | 0 | 0 | 9,300,000 | 7/3/2019 | |||
45 | Plaza 273 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 12 | 12 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | 12,600,000 | 5/22/2019 | |||
46 | Orangethorpe Center | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 11,575,000 | 4/25/2019 | |||
47 | Courtyard Columbus Dublin | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 12,100,000 | 5/1/2020 | ||||
48 | 67 Forest Street | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 8,600,000 | 5/2/2019 | ||||
49 | Lofts at Ionia | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),D(92),O(4) | 0 | 0 | 8,450,000 | 6/17/2019 | |||
50 | Gray Falls Drive Office | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | 8,600,000 | 11/17/2019 | ||||
51 | Holiday Inn Express Shelbyville | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | 7,600,000 | 6/1/2019 | ||||
52 | Neighborhood Shoppes at Polaris | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | 8,150,000 | 6/10/2019 | |||
53 | Jefferson Storage | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 36 | 36 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | 7,050,000 | 5/28/2019 | |||
54 | Larkfield Self Storage | Amortizing Balloon | 120 | 118 | 0 | 0 | 360 | 358 | 2 | L(26),D(90),O(4) | 0 | 0 | 9,000,000 | 1/9/2019 | ||||
55 | Red Roof Inn & Suites - Savannah | Amortizing Balloon | 120 | 118 | 0 | 0 | 300 | 298 | 2 | L(26),D(90),O(4) | 0 | 0 | 7,600,000 | 3/29/2019 | ||||
56 | Walgreens Elkton | Interest-only, ARD | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | YM(24),YM or D(89),O(7) | 0 | 0 | 6,300,000 | 7/2/2019 | |||
57 | Superior Storage Cheyenne | Interest-only, Balloon | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 2 | L(26),D(90),O(4) | 0 | 0 | 6,950,000 | 4/12/2019 | |||
58 | Best Western Shippensburg | Amortizing Balloon | 120 | 117 | 0 | 0 | 300 | 297 | 3 | L(27),D(89),O(4) | 0 | 0 | 6,500,000 | 3/4/2019 | ||||
59 | County Fair Market Place | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 60 | 59 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 0 | 5,700,000 | 5/15/2019 | |||
60 | Cintas Rochester | Interest-only, ARD | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 2 | L(26),GRTR 1% or YM or D(87),O(7) | 0 | 0 | 5,600,000 | 4/12/2019 | |||
61 | Peckville Shopping Center | Amortizing Balloon | 120 | 118 | 0 | 0 | 300 | 298 | 2 | L(26),D(90),O(4) | 0 | 0 | 5,500,000 | 4/3/2019 | ||||
62 | Icon I & II | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),D(92),O(4) | 0 | 5 | 6,050,000 | 6/27/2019 | |||
62.01 | Icon II | 3,142,518 | 6/27/2019 | |||||||||||||||
62.02 | Icon I | 2,907,482 | 6/27/2019 | |||||||||||||||
63 | Walgreens Spartanburg | Interest-only, ARD | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | YM(24),YM or D(89),O(7) | 0 | 0 | 4,900,000 | 6/25/2019 | |||
64 | 707-715 East 47th Street | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 3,400,000 | 6/12/2019 | ||||
65 | 14218 and 14292 US Highway 395 | Amortizing Balloon | 120 | 118 | 0 | 0 | 360 | 358 | 2 | L(26),D(90),O(4) | 0 | 0 | 5,530,000 | 4/22/2019 | ||||
66 | Villa Rica Self Storage | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 24 | 22 | 360 | 360 | 2 | L(26),D(90),O(4) | 0 | 0 | 2,400,000 | 4/25/2019 | |||
67 | Dollar General Houghton Lake | Interest-only, ARD | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | YM(24),YM or D(89),O(7) | 0 | 0 | 1,330,000 | 1/9/2019 |
A-1-3
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Coop - Sponsor Units | Coop - Investor Units | Coop - Units | Coop - Sponsor Carry | Coop - Committed Secondary Debt | U/W NOI DSCR (x)(3)(5) | U/W NCF DSCR (x)(3)(5) | Cut-off Date LTV Ratio(3)(4)(5) | LTV Ratio at Maturity or ARD(3)(4)(5) | Cut-off Date U/W NOI Debt Yield(3)(5) | Cut-off Date U/W NCF Debt Yield(3)(5) | U/W Revenues ($)(2) | U/W Expenses ($) | U/W Net Operating Income ($)(2) | U/W Replacement ($) | U/W TI/LC ($) | U/W Net Cash Flow ($) | Occupancy Rate(2)(6) | Occupancy as-of Date |
1 | Moffett Towers II - Buildings 3 & 4 | 3.46 | 3.45 | 44.3% | 44.3% | 13.2% | 13.2% | 57,629,637 | 11,259,997 | 46,369,641 | 145,025 | 0 | 46,224,616 | 100.0% | 8/1/2019 | |||||
2 | University Town Center | 3.05 | 2.86 | 63.0% | 63.0% | 12.4% | 11.7% | 6,783,922 | 1,625,824 | 5,158,098 | 52,332 | 261,658 | 4,844,107 | 94.4% | 5/9/2019 | |||||
3 | SoCal Retail Portfolio | 2.40 | 2.28 | 52.0% | 52.0% | 9.9% | 9.4% | 27,692,309 | 6,462,745 | 21,229,564 | 296,246 | 740,616 | 20,192,702 | 99.0% | 3/1/2019 | |||||
3.01 | The Springs | 5,281,583 | 1,172,394 | 4,109,189 | 79,544 | 198,859 | 3,830,786 | 98.4% | 3/1/2019 | |||||||||||
3.02 | Summerwood | 3,868,877 | 812,404 | 3,056,473 | 35,754 | 89,385 | 2,931,334 | 100.0% | 3/1/2019 | |||||||||||
3.03 | Food 4 Less – Target Center | 2,912,157 | 788,924 | 2,123,232 | 39,287 | 98,218 | 1,985,727 | 100.0% | 3/1/2019 | |||||||||||
3.04 | El Super Center | 2,727,097 | 586,230 | 2,140,868 | 23,446 | 58,615 | 2,058,807 | 100.0% | 3/1/2019 | |||||||||||
3.05 | Island Plaza | 2,086,765 | 460,260 | 1,626,505 | 15,554 | 38,886 | 1,572,064 | 100.0% | 3/1/2019 | |||||||||||
3.06 | Baldwin Park Promenade | 1,570,073 | 331,448 | 1,238,625 | 9,981 | 24,953 | 1,203,691 | 100.0% | 3/1/2019 | |||||||||||
3.07 | Lynwood Plaza | 1,628,148 | 425,428 | 1,202,720 | 15,049 | 37,623 | 1,150,049 | 96.0% | 3/1/2019 | |||||||||||
3.08 | El Cajon (CVS) | 1,252,537 | 257,257 | 995,280 | 5,997 | 14,993 | 974,290 | 100.0% | 3/1/2019 | |||||||||||
3.09 | Loma Vista | 1,222,600 | 233,257 | 989,343 | 19,509 | 48,774 | 921,060 | 99.2% | 3/1/2019 | |||||||||||
3.10 | MLK Medical | 1,065,556 | 218,892 | 846,663 | 6,500 | 16,250 | 823,913 | 100.0% | 3/1/2019 | |||||||||||
3.11 | Hawthorne Plaza | 1,038,621 | 260,529 | 778,092 | 14,150 | 35,375 | 728,567 | 100.0% | 3/1/2019 | |||||||||||
3.12 | Five Points Plaza | 1,350,626 | 422,108 | 928,518 | 17,907 | 44,769 | 865,842 | 95.6% | 3/1/2019 | |||||||||||
3.13 | Towne Center Square | 1,040,173 | 317,001 | 723,172 | 11,502 | 28,755 | 682,915 | 100.0% | 3/1/2019 | |||||||||||
3.14 | Camarillo | 647,497 | 176,613 | 470,884 | 2,065 | 5,162 | 463,657 | 100.0% | 3/1/2019 | |||||||||||
4 | Embassy Suites at Centennial Olympic Park | 1.90 | 1.72 | 68.4% | 55.5% | 11.7% | 10.6% | 23,146,771 | 13,382,534 | 9,764,237 | 925,871 | 0 | 8,838,366 | 84.2% | 4/30/2019 | |||||
5 | Capital Plaza | 1.99 | 1.86 | 64.6% | 59.1% | 12.0% | 11.2% | 8,541,766 | 4,203,944 | 4,337,822 | 96,028 | 179,515 | 4,062,279 | 87.3% | 4/25/2019 | |||||
6 | Inland Life Storage Portfolio | 1.70 | 1.68 | 61.8% | 53.2% | 9.5% | 9.4% | 21,860,451 | 8,604,656 | 13,255,794 | 210,853 | 0 | 13,044,942 | 91.3% | 6/5/2019 | |||||
6.01 | Life Storage - 586 | 1,371,838 | 352,371 | 1,019,467 | 14,508 | 0 | 1,004,959 | 93.5% | 6/5/2019 | |||||||||||
6.02 | Life Storage - 145 | 1,206,363 | 475,170 | 731,194 | 10,133 | 0 | 721,061 | 92.2% | 6/5/2019 | |||||||||||
6.03 | Life Storage - 364 | 1,132,189 | 307,323 | 824,866 | 10,472 | 0 | 814,394 | 92.3% | 6/5/2019 | |||||||||||
6.04 | Life Storage - 365 | 1,056,886 | 269,654 | 787,232 | 7,578 | 0 | 779,654 | 95.3% | 6/5/2019 | |||||||||||
6.05 | Life Storage - 212 | 973,042 | 298,483 | 674,559 | 7,328 | 0 | 667,231 | 91.0% | 6/5/2019 | |||||||||||
6.06 | Life Storage - 386 | 1,056,555 | 458,166 | 598,388 | 9,997 | 0 | 588,391 | 90.9% | 6/5/2019 | |||||||||||
6.07 | Life Storage - 256 | 896,476 | 343,580 | 552,896 | 7,167 | 0 | 545,729 | 93.3% | 6/5/2019 | |||||||||||
6.08 | Life Storage - 206 | 902,153 | 379,768 | 522,385 | 8,725 | 0 | 513,660 | 92.2% | 6/5/2019 | |||||||||||
6.09 | Life Storage - 324 | 885,487 | 300,853 | 584,634 | 11,033 | 0 | 573,602 | 93.7% | 6/5/2019 | |||||||||||
6.10 | Life Storage - 236 | 866,329 | 330,016 | 536,313 | 8,931 | 0 | 527,382 | 82.6% | 6/5/2019 | |||||||||||
6.11 | Life Storage - 184 | 759,633 | 262,293 | 497,340 | 6,037 | 0 | 491,303 | 91.1% | 6/5/2019 | |||||||||||
6.12 | Life Storage - 500 | 787,337 | 369,632 | 417,705 | 4,858 | 0 | 412,847 | 95.7% | 6/5/2019 | |||||||||||
6.13 | Life Storage - 288 | 722,836 | 285,912 | 436,924 | 7,595 | 0 | 429,329 | 89.2% | 6/5/2019 | |||||||||||
6.14 | Life Storage - 299 | 693,963 | 292,625 | 401,338 | 6,758 | 0 | 394,580 | 91.8% | 6/5/2019 | |||||||||||
6.15 | Life Storage - 209 | 684,576 | 242,116 | 442,461 | 5,348 | 0 | 437,113 | 93.0% | 6/5/2019 | |||||||||||
6.16 | Life Storage - 035 | 685,459 | 299,282 | 386,177 | 6,720 | 0 | 379,457 | 90.8% | 6/5/2019 | |||||||||||
6.17 | Life Storage - 074 | 646,409 | 246,760 | 399,649 | 6,523 | 0 | 393,126 | 89.4% | 6/5/2019 | |||||||||||
6.18 | Life Storage - 252 | 614,654 | 265,261 | 349,393 | 6,147 | 0 | 343,246 | 92.1% | 6/5/2019 | |||||||||||
6.19 | Life Storage - 033 | 593,198 | 263,866 | 329,332 | 5,675 | 0 | 323,657 | 91.3% | 6/5/2019 | |||||||||||
6.20 | Life Storage - 205 | 520,767 | 202,127 | 318,640 | 5,750 | 0 | 312,890 | 87.8% | 6/5/2019 | |||||||||||
6.21 | Life Storage - 300 | 568,362 | 263,257 | 305,105 | 5,429 | 0 | 299,676 | 90.7% | 6/5/2019 | |||||||||||
6.22 | Life Storage - 026 | 539,582 | 258,616 | 280,965 | 6,080 | 0 | 274,886 | 91.6% | 6/5/2019 | |||||||||||
6.23 | Life Storage - 361 | 506,435 | 220,828 | 285,607 | 4,415 | 0 | 281,192 | 95.3% | 6/5/2019 | |||||||||||
6.24 | Life Storage - 165 | 441,216 | 191,693 | 249,523 | 5,639 | 0 | 243,884 | 94.4% | 6/5/2019 | |||||||||||
6.25 | Life Storage - 208 | 391,623 | 162,060 | 229,563 | 5,662 | 0 | 223,901 | 91.3% | 6/5/2019 | |||||||||||
6.26 | Life Storage - 211 | 441,950 | 259,156 | 182,795 | 4,520 | 0 | 178,275 | 91.8% | 6/5/2019 | |||||||||||
6.27 | Life Storage - 021 | 441,743 | 217,467 | 224,276 | 4,667 | 0 | 219,609 | 83.9% | 6/5/2019 | |||||||||||
6.28 | Life Storage - 298 | 355,058 | 160,484 | 194,575 | 3,703 | 0 | 190,872 | 89.9% | 6/5/2019 | |||||||||||
6.29 | Life Storage - 297 | 294,168 | 148,767 | 145,401 | 3,160 | 0 | 142,241 | 92.7% | 6/5/2019 | |||||||||||
6.30 | Life Storage - 153 | 282,401 | 160,402 | 121,998 | 3,288 | 0 | 118,711 | 89.0% | 6/5/2019 | |||||||||||
6.31 | Life Storage - 075 | 292,944 | 170,352 | 122,592 | 3,836 | 0 | 118,756 | 87.2% | 6/5/2019 | |||||||||||
6.32 | Life Storage - 152 | 248,817 | 146,316 | 102,502 | 3,175 | 0 | 99,327 | 91.2% | 6/5/2019 | |||||||||||
7 | Olympia Medical Office | 2.13 | 2.07 | 59.2% | 59.2% | 10.7% | 10.4% | 4,597,714 | 1,385,540 | 3,212,174 | 20,187 | 59,334 | 3,132,653 | 100.0% | 6/11/2019 | |||||
8 | Sugar Creek Center | 1.77 | 1.57 | 70.4% | 57.4% | 11.0% | 9.8% | 5,605,584 | 2,420,603 | 3,184,981 | 54,319 | 300,000 | 2,830,662 | 86.6% | 5/16/2019 | |||||
9 | 3300 Renner | 2.69 | 2.59 | 63.4% | 63.4% | 11.1% | 10.6% | 4,872,142 | 1,715,746 | 3,156,396 | 46,270 | 74,645 | 3,035,481 | 100.0% | 6/14/2019 | |||||
10 | Mahwah Business Park | 1.49 | 1.41 | 66.4% | 56.1% | 8.8% | 8.3% | 3,608,515 | 1,146,398 | 2,462,117 | 57,052 | 77,442 | 2,327,624 | 96.3% | 7/10/2019 | |||||
11 | Sequa Corporation Industrial Portfolio | 2.27 | 2.13 | 50.0% | 45.4% | 13.0% | 12.2% | 4,674,063 | 1,146,745 | 3,527,318 | 90,138 | 139,106 | 3,298,075 | 100.0% | 8/1/2019 | |||||
11.01 | 3401 Queen Palm Drive - Tampa | 1,598,079 | 403,446 | 1,194,633 | 25,081 | 42,887 | 1,126,665 | 100.0% | 8/1/2019 | |||||||||||
11.02 | 3636 Arrowhead Drive - Carson City | 1,135,404 | 217,929 | 917,475 | 28,472 | 40,124 | 848,879 | 100.0% | 8/1/2019 | |||||||||||
11.03 | 601 Marshall Phelps Road - Windsor | 1,007,506 | 294,101 | 713,405 | 18,750 | 35,262 | 659,393 | 100.0% | 8/1/2019 | |||||||||||
11.04 | 5161 West Polk Street - Phoenix | 610,685 | 149,459 | 461,227 | 13,094 | 12,320 | 435,813 | 100.0% | 8/1/2019 | |||||||||||
11.05 | 420 Commerce Boulevard - Oldsmar | 322,388 | 81,810 | 240,579 | 4,741 | 8,513 | 227,325 | 100.0% | 8/1/2019 | |||||||||||
12 | Grand Traverse Crossing | 1.48 | 1.36 | 70.6% | 60.2% | 9.4% | 8.6% | 3,104,380 | 829,415 | 2,274,965 | 20,602 | 161,977 | 2,092,385 | 100.0% | 5/14/2019 | |||||
13 | Lenox Park | 2.27 | 2.03 | 69.9% | 55.8% | 13.2% | 11.8% | 6,696,090 | 3,504,558 | 3,191,533 | 97,823 | 241,292 | 2,852,418 | 86.9% | 7/11/2019 | |||||
14 | DCB Industrial Portfolio | 1.92 | 1.88 | 59.4% | 54.2% | 11.4% | 11.1% | 2,827,203 | 84,816 | 2,742,387 | 61,406 | 0 | 2,680,982 | 100.0% | 8/1/2019 | |||||
14.01 | DCB Savannah, GA | 1,445,597 | 43,368 | 1,402,229 | 14,960 | 0 | 1,387,269 | 100.0% | 8/1/2019 | |||||||||||
14.02 | DCB Visalia, CA | 444,739 | 13,342 | 431,397 | 12,899 | 0 | 418,498 | 100.0% | 8/1/2019 | |||||||||||
14.03 | DCB Bremen, GA | 511,563 | 15,347 | 496,216 | 1,581 | 0 | 494,635 | 100.0% | 8/1/2019 | |||||||||||
14.04 | DCB Bondurant, IA | 231,940 | 6,958 | 224,982 | 10,028 | 0 | 214,954 | 100.0% | 8/1/2019 | |||||||||||
14.05 | DCB Mitchellville, IA 2 | 125,713 | 3,771 | 121,942 | 17,529 | 0 | 104,413 | 100.0% | 8/1/2019 | |||||||||||
14.06 | DCB Mitchellville, IA 1 | 67,652 | 2,030 | 65,622 | 4,409 | 0 | 61,213 | 100.0% | 8/1/2019 | |||||||||||
15 | Renaissance Center VI | 1.43 | 1.42 | 69.4% | 65.0% | 8.9% | 8.9% | 5,044,483 | 1,921,039 | 3,123,444 | 22,500 | 0 | 3,100,944 | 100.0% | 8/1/2019 | |||||
16 | Triyar Portfolio III | 1.92 | 1.74 | 70.5% | 57.4% | 11.9% | 10.8% | 3,418,116 | 922,292 | 2,495,824 | 74,891 | 154,150 | 2,266,783 | 100.0% | 8/1/2019 | |||||
16.01 | Greenville | 1,201,211 | 251,957 | 949,254 | 24,384 | 50,190 | 874,680 | 100.0% | 8/1/2019 | |||||||||||
16.02 | Rantoul | 1,000,466 | 344,690 | 655,776 | 30,383 | 62,538 | 562,856 | 100.0% | 8/1/2019 | |||||||||||
16.03 | Wichita | 657,363 | 169,144 | 488,218 | 7,374 | 15,178 | 465,666 | 100.0% | 8/1/2019 | |||||||||||
16.04 | Richland | 559,076 | 156,501 | 402,575 | 12,750 | 26,244 | 363,581 | 100.0% | 8/1/2019 | |||||||||||
17 | Hi-25 | 1.51 | 1.49 | 67.4% | 67.4% | 7.9% | 7.8% | 1,741,395 | 263,412 | 1,477,983 | 12,250 | 0 | 1,465,733 | 95.9% | 4/4/2019 | |||||
18 | 188 Spear Street | 2.90 | 2.82 | 57.6% | 57.6% | 10.5% | 10.2% | 18,164,582 | 5,025,347 | 13,139,235 | 28,427 | 328,004 | 12,782,805 | 100.0% | 4/1/2019 | |||||
19 | El Con Center | 1.90 | 1.79 | 62.8% | 62.8% | 9.3% | 8.8% | 8,307,352 | 2,439,895 | 5,867,457 | 96,077 | 240,192 | 5,531,189 | 99.5% | 2/2/2019 | |||||
20 | The Beacon | 1.51 | 1.44 | 63.6% | 53.2% | 9.4% | 8.9% | 2,224,024 | 586,542 | 1,637,483 | 11,387 | 64,524 | 1,561,573 | 92.4% | 7/1/2019 | |||||
21 | Mount Kemble | 2.68 | 2.45 | 66.2% | 66.2% | 11.1% | 10.2% | 5,759,365 | 2,314,795 | 3,444,569 | 45,944 | 244,579 | 3,154,047 | 94.7% | 7/17/2019 | |||||
22 | Bloomfield Square Apartments | 1.88 | 1.80 | 64.6% | 64.6% | 8.8% | 8.4% | 2,828,017 | 1,331,978 | 1,496,039 | 64,750 | 0 | 1,431,289 | 94.2% | 7/10/2019 | |||||
23 | Lehigh Student Housing Portfolio | 1.55 | 1.52 | 71.1% | 62.6% | 9.7% | 9.5% | 2,048,575 | 493,900 | 1,554,675 | 32,850 | 0 | 1,521,825 | 96.3% | 6/23/2019 | |||||
24 | TownePlace Suites Sacramento Cal Expo | 2.45 | 2.22 | 55.5% | 45.0% | 15.0% | 13.6% | 4,672,300 | 2,717,000 | 1,955,300 | 186,892 | 0 | 1,768,408 | 85.9% | 4/30/2019 | |||||
25 | Shetland Park | 1.76 | 1.52 | 72.8% | 67.5% | 11.5% | 10.0% | 12,767,143 | 6,092,237 | 6,674,907 | 178,694 | 709,137 | 5,787,075 | 76.3% | Various | |||||
26 | Best Western Colorado Springs Portfolio | 2.55 | 2.28 | 59.2% | 48.4% | 16.1% | 14.4% | 5,390,271 | 3,381,375 | 2,008,896 | 215,611 | 0 | 1,793,285 | 68.1% | 3/31/2019 | |||||
26.01 | Best Western Plus Peak Vista | 3,076,371 | 2,059,219 | 1,017,152 | 123,055 | 0 | 894,098 | 67.5% | 3/31/2019 | |||||||||||
26.02 | Best Western Executive Inn & Suites | 2,313,900 | 1,322,156 | 991,744 | 92,556 | 0 | 899,188 | 68.7% | 3/31/2019 | |||||||||||
27 | Smoke Tree Village and Smoke Tree Commons | 1.47 | 1.38 | 57.2% | 52.5% | 9.1% | 8.6% | 6,358,693 | 3,123,017 | 3,235,675 | 42,185 | 140,618 | 3,052,873 | 85.9% | 4/12/2019 | |||||
27.01 | Smoke Tree Commons | 4,300,759 | 1,833,141 | 2,467,618 | 25,722 | 85,740 | 2,356,157 | 95.0% | 4/12/2019 | |||||||||||
27.02 | Smoke Tree Village | 2,057,934 | 1,289,876 | 768,058 | 16,463 | 54,878 | 696,716 | 71.6% | 4/12/2019 | |||||||||||
28 | South Grove Shopping Center | 1.57 | 1.47 | 75.0% | 61.4% | 9.9% | 9.3% | 1,306,968 | 339,725 | 967,243 | 13,353 | 44,511 | 909,379 | 100.0% | 6/30/2019 | |||||
29 | Hampton Inn Sneads Ferry | 2.07 | 1.88 | 69.4% | 56.6% | 12.9% | 11.7% | 2,823,753 | 1,579,827 | 1,243,927 | 112,950 | 0 | 1,130,977 | 78.8% | 4/30/2019 | |||||
30 | Del Mar Terrace Apartments | 11.61 | 11.08 | 16.2% | 16.2% | 34.2% | 32.7% | 9,879,531 | 4,333,713 | 5,545,818 | 253,000 | 0 | 5,292,818 | 96.6% | 6/17/2019 | |||||
31 | Central Park Plaza | 1.97 | 1.76 | 61.7% | 47.2% | 12.5% | 11.2% | 1,750,519 | 591,029 | 1,159,491 | 23,055 | 100,000 | 1,036,435 | 88.6% | 5/31/2019 | |||||
32 | Cedar Crest | 1.74 | 1.58 | 71.9% | 59.4% | 11.4% | 10.3% | 1,282,076 | 260,311 | 1,021,765 | 22,490 | 74,966 | 924,310 | 91.0% | 4/1/2019 | |||||
33 | 1305 Tacoma | 3.29 | 2.96 | 64.6% | 64.6% | 14.6% | 13.2% | 2,050,683 | 774,935 | 1,275,747 | 25,056 | 102,534 | 1,148,157 | 91.3% | 5/9/2019 | |||||
34 | 54 Mint | 2.52 | 2.45 | 58.1% | 58.1% | 10.7% | 10.4% | 1,155,209 | 246,176 | 909,032 | 5,348 | 20,272 | 883,413 | 100.0% | 5/9/2019 | |||||
35 | Cordelia Road | 2.50 | 2.39 | 53.1% | 53.1% | 10.0% | 9.6% | 1,064,260 | 221,692 | 842,567 | 9,975 | 24,936 | 807,657 | 100.0% | 5/17/2019 | |||||
36 | 40 East Verdugo | 1.87 | 1.83 | 59.3% | 59.3% | 8.8% | 8.6% | 974,564 | 271,415 | 703,149 | 4,895 | 12,238 | 686,017 | 100.0% | 6/11/2019 | |||||
37 | Sunrise Lake | 1.99 | 1.84 | 74.4% | 61.7% | 11.6% | 10.7% | 1,494,346 | 599,196 | 895,150 | 11,192 | 55,804 | 828,154 | 87.4% | 6/11/2019 | |||||
38 | Sonoma Point Apartments - CA | 3.02 | 2.98 | 40.5% | 40.5% | 13.2% | 13.0% | 1,523,617 | 532,965 | 990,652 | 14,469 | 0 | 976,183 | 92.9% | 5/15/2019 | |||||
39 | Best Western Plus Madison/Huntsville | 2.49 | 2.12 | 59.1% | 44.4% | 17.7% | 15.1% | 3,906,902 | 2,579,227 | 1,327,675 | 195,345 | 0 | 1,132,330 | 79.4% | 3/31/2019 | |||||
40 | East River Plaza | 2.00 | 1.82 | 66.6% | 52.9% | 11.4% | 10.4% | 1,020,592 | 175,805 | 844,787 | 0 | 76,591 | 768,196 | 95.1% | 6/1/2019 | |||||
41 | Fort Evans Plaza Office Buildings | 3.97 | 3.73 | 52.5% | 52.5% | 15.5% | 14.6% | 1,630,889 | 489,442 | 1,141,447 | 8,409 | 60,064 | 1,072,974 | 100.0% | 7/1/2019 | |||||
42 | 33rd & 23rd Retail Center | 1.51 | 1.43 | 74.9% | 60.9% | 9.3% | 8.8% | 807,873 | 179,374 | 628,499 | 4,779 | 31,279 | 592,441 | 100.0% | 7/1/2019 | |||||
43 | CubeSmart -Leesburg | 2.82 | 2.80 | 54.9% | 54.9% | 11.3% | 11.2% | 1,070,400 | 346,051 | 724,348 | 5,500 | 0 | 718,848 | 90.2% | 5/31/2019 | |||||
44 | 810 Lufkin Road | 1.76 | 1.64 | 67.7% | 62.3% | 11.1% | 10.3% | 860,121 | 163,756 | 696,366 | 30,166 | 15,083 | 651,116 | 100.0% | 5/17/2019 | |||||
45 | Plaza 273 | 2.29 | 2.07 | 47.6% | 39.7% | 14.0% | 12.7% | 1,359,806 | 517,778 | 842,028 | 23,041 | 57,603 | 761,384 | 77.8% | 6/1/2019 | |||||
46 | Orangethorpe Center | 2.29 | 2.09 | 51.8% | 51.8% | 9.8% | 9.0% | 848,807 | 258,438 | 590,369 | 9,359 | 43,676 | 537,333 | 92.1% | 6/1/2019 | |||||
47 | Courtyard Columbus Dublin | 2.40 | 1.99 | 49.5% | 40.8% | 15.5% | 12.8% | 3,972,330 | 3,043,634 | 928,695 | 158,893 | 0 | 769,802 | 58.8% | 4/30/2019 | |||||
48 | 67 Forest Street | 1.70 | 1.57 | 66.8% | 54.4% | 10.5% | 9.8% | 1,133,858 | 529,956 | 603,902 | 12,522 | 31,305 | 560,075 | 83.3% | 5/31/2019 | |||||
49 | Lofts at Ionia | 1.82 | 1.71 | 65.1% | 65.1% | 8.8% | 8.3% | 740,457 | 257,400 | 483,057 | 10,457 | 17,651 | 454,949 | 95.6% | 6/28/2019 | |||||
50 | Gray Falls Drive Office | 1.92 | 1.71 | 64.0% | 52.1% | 12.0% | 10.7% | 1,264,586 | 606,196 | 658,391 | 8,497 | 63,229 | 586,665 | 82.7% | 7/31/2019 | |||||
51 | Holiday Inn Express Shelbyville | 1.99 | 1.78 | 71.1% | 58.4% | 12.8% | 11.4% | 1,829,830 | 1,138,411 | 691,418 | 73,193 | 0 | 618,225 | 66.1% | 5/31/2019 | |||||
52 | Neighborhood Shoppes at Polaris | 1.91 | 1.77 | 59.8% | 54.9% | 11.8% | 11.0% | 921,485 | 346,018 | 575,467 | 6,778 | 33,888 | 534,801 | 100.0% | 5/20/2019 | |||||
53 | Jefferson Storage | 1.44 | 1.41 | 66.7% | 58.6% | 9.0% | 8.8% | 652,288 | 231,081 | 421,208 | 9,206 | 0 | 412,001 | 98.3% | 7/8/2019 | |||||
54 | Larkfield Self Storage | 2.18 | 2.15 | 49.9% | 40.8% | 13.7% | 13.6% | 1,021,194 | 405,087 | 616,107 | 7,553 | 0 | 608,555 | 95.4% | 4/30/2019 | |||||
55 | Red Roof Inn & Suites - Savannah | 2.15 | 1.92 | 56.4% | 42.3% | 15.1% | 13.5% | 1,699,639 | 1,051,860 | 647,779 | 67,986 | 0 | 579,794 | 73.8% | 3/31/2019 | |||||
56 | Walgreens Elkton | 1.78 | 1.78 | 67.5% | 67.5% | 8.4% | 8.4% | 368,600 | 11,058 | 357,542 | 0 | 0 | 357,542 | 100.0% | 8/1/2019 | |||||
57 | Superior Storage Cheyenne | 2.22 | 2.15 | 60.4% | 60.4% | 10.7% | 10.4% | 675,050 | 224,983 | 450,067 | 14,940 | 0 | 435,127 | 93.9% | 5/7/2019 | |||||
58 | Best Western Shippensburg | 1.94 | 1.77 | 62.8% | 47.9% | 14.2% | 13.0% | 1,222,739 | 643,669 | 579,071 | 48,910 | 0 | 530,161 | 79.8% | 2/28/2019 | |||||
59 | County Fair Market Place | 1.96 | 1.85 | 63.9% | 58.6% | 12.1% | 11.4% | 715,568 | 273,502 | 442,066 | 5,658 | 19,802 | 416,606 | 84.2% | 4/15/2019 | |||||
60 | Cintas Rochester | 3.01 | 2.86 | 65.0% | 65.0% | 12.4% | 11.8% | 461,427 | 11,793 | 449,634 | 21,916 | 0 | 427,717 | 100.0% | 8/1/2019 | |||||
61 | Peckville Shopping Center | 2.00 | 1.80 | 64.7% | 48.9% | 14.4% | 12.9% | 711,177 | 199,241 | 511,936 | 9,376 | 43,754 | 458,806 | 73.8% | 5/1/2019 | |||||
62 | Icon I & II | 1.96 | 1.89 | 57.4% | 57.4% | 9.0% | 8.6% | 401,740 | 90,353 | 311,388 | 1,510 | 10,064 | 299,814 | 100.0% | 8/1/2019 | |||||
62.01 | Icon II | NAV | NAV | NAV | NAV | NAV | NAV | 100.0% | 8/1/2019 | |||||||||||
62.02 | Icon I | NAV | NAV | NAV | NAV | NAV | NAV | 100.0% | 8/1/2019 | |||||||||||
63 | Walgreens Spartanburg | 1.83 | 1.83 | 66.3% | 66.3% | 8.4% | 8.4% | 282,270 | 8,468 | 273,802 | 0 | 0 | 273,802 | 100.0% | 8/1/2019 | |||||
64 | 707-715 East 47th Street | 1.81 | 1.69 | 74.2% | 59.6% | 10.8% | 10.1% | 444,939 | 173,020 | 271,920 | 3,287 | 14,889 | 253,744 | 100.0% | 5/21/2019 | |||||
65 | 14218 and 14292 US Highway 395 | 1.55 | 1.49 | 41.0% | 33.5% | 9.7% | 9.3% | 237,323 | 17,203 | 220,120 | 8,974 | 0 | 211,146 | 100.0% | 3/31/2019 | |||||
66 | Villa Rica Self Storage | 1.93 | 1.86 | 50.0% | 43.0% | 12.1% | 11.7% | 276,310 | 131,145 | 145,165 | 5,096 | 0 | 140,069 | 95.7% | 4/30/2019 | |||||
67 | Dollar General Houghton Lake | 1.61 | 1.58 | 70.0% | 70.0% | 9.0% | 8.9% | 86,792 | 2,604 | 84,188 | 1,365 | 0 | 82,823 | 100.0% | 8/1/2019 |
A-1-4
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | U/W Hotel ADR | U/W Hotel RevPAR | Most Recent Period | Most Recent Revenues ($) | Most Recent Expenses ($) | Most Recent NOI ($)(2) | Most Recent Capital Expenditures | Most Recent NCF ($) | Most Recent Hotel ADR | Most Recent Hotel RevPAR | Second Most Recent Period | Second Most Recent Revenues ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($)(2) | Second Most Recent Capital Expenditures | Second Most Recent NCF ($) | Second Most Recent Hotel ADR | Second Most Recent Hotel RevPAR |
1 | Moffett Towers II - Buildings 3 & 4 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
2 | University Town Center | TTM 4/30/2019 | 6,733,632 | 1,625,589 | 5,108,043 | 0 | 5,108,043 | Actual 2018 | 6,586,282 | 1,539,270 | 5,047,012 | 0 | 5,047,012 | ||||||
3 | SoCal Retail Portfolio | Actual 2018 | 25,772,434 | 5,693,649 | 20,078,785 | 0 | 20,078,785 | Actual 2017 | 25,444,108 | 5,686,484 | 19,757,624 | 0 | 19,757,624 | ||||||
3.01 | The Springs | Actual 2018 | 4,894,462 | 1,124,321 | 3,770,140 | 0 | 3,770,140 | Actual 2017 | 4,006,174 | 1,073,858 | 2,932,316 | 0 | 2,932,316 | ||||||
3.02 | Summerwood | Actual 2018 | 4,030,751 | 701,864 | 3,328,887 | 0 | 3,328,887 | Actual 2017 | 3,856,357 | 683,915 | 3,172,442 | 0 | 3,172,442 | ||||||
3.03 | Food 4 Less – Target Center | Actual 2018 | 2,622,197 | 438,728 | 2,183,469 | 0 | 2,183,469 | Actual 2017 | 2,681,454 | 407,311 | 2,274,144 | 0 | 2,274,144 | ||||||
3.04 | El Super Center | Actual 2018 | 2,008,308 | 566,899 | 1,441,410 | 0 | 1,441,410 | Actual 2017 | 2,393,075 | 576,743 | 1,816,332 | 0 | 1,816,332 | ||||||
3.05 | Island Plaza | Actual 2018 | 2,023,523 | 379,446 | 1,644,077 | 0 | 1,644,077 | Actual 2017 | 2,123,336 | 357,820 | 1,765,516 | 0 | 1,765,516 | ||||||
3.06 | Baldwin Park Promenade | Actual 2018 | 1,629,991 | 333,738 | 1,296,253 | 0 | 1,296,253 | Actual 2017 | 1,553,744 | 335,659 | 1,218,085 | 0 | 1,218,085 | ||||||
3.07 | Lynwood Plaza | Actual 2018 | 1,348,490 | 428,718 | 919,772 | 0 | 919,772 | Actual 2017 | 1,399,750 | 453,511 | 946,238 | 0 | 946,238 | ||||||
3.08 | El Cajon (CVS) | Actual 2018 | 1,109,415 | 232,435 | 876,980 | 0 | 876,980 | Actual 2017 | 1,088,230 | 258,500 | 829,730 | 0 | 829,730 | ||||||
3.09 | Loma Vista | Actual 2018 | 1,179,935 | 233,345 | 946,589 | 0 | 946,589 | Actual 2017 | 1,242,489 | 232,226 | 1,010,263 | 0 | 1,010,263 | ||||||
3.10 | MLK Medical | Actual 2018 | 973,355 | 135,300 | 838,055 | 0 | 838,055 | Actual 2017 | 988,919 | 136,106 | 852,813 | 0 | 852,813 | ||||||
3.11 | Hawthorne Plaza | Actual 2018 | 1,112,891 | 227,925 | 884,967 | 0 | 884,967 | Actual 2017 | 1,165,693 | 245,517 | 920,176 | 0 | 920,176 | ||||||
3.12 | Five Points Plaza | Actual 2018 | 1,037,964 | 395,569 | 642,395 | 0 | 642,395 | Actual 2017 | 1,160,805 | 364,576 | 796,228 | 0 | 796,228 | ||||||
3.13 | Towne Center Square | Actual 2018 | 1,093,775 | 319,455 | 774,319 | 0 | 774,319 | Actual 2017 | 1,076,927 | 358,725 | 718,202 | 0 | 718,202 | ||||||
3.14 | Camarillo | Actual 2018 | 707,376 | 175,905 | 531,471 | 0 | 531,471 | Actual 2017 | 707,155 | 202,018 | 505,138 | 0 | 505,138 | ||||||
4 | Embassy Suites at Centennial Olympic Park | 200 | 168 | TTM 4/30/2019 | 23,596,632 | 13,809,940 | 9,786,692 | 943,865 | 8,842,826 | 205 | 173 | Actual 2018 | 21,808,761 | 13,332,721 | 8,476,039 | 872,350 | 7,603,689 | 194 | 160 |
5 | Capital Plaza | TTM 5/31/2019 | 6,571,047 | 3,949,812 | 2,621,235 | 0 | 2,621,235 | Actual 2018 | 6,250,353 | 3,770,556 | 2,479,797 | 0 | 2,479,797 | ||||||
6 | Inland Life Storage Portfolio | TTM 5/31/2019 | 21,860,443 | 7,008,221 | 14,852,222 | 151,008 | 14,701,214 | Actual 2018 | 21,574,377 | 6,879,947 | 14,694,430 | 72,587 | 14,621,843 | ||||||
6.01 | Life Storage - 586 | TTM 5/31/2019 | 1,371,838 | 280,662 | 1,091,176 | 4,727 | 1,086,449 | Actual 2018 | 1,317,528 | 277,861 | 1,039,667 | 667 | 1,039,000 | ||||||
6.02 | Life Storage - 145 | TTM 5/31/2019 | 1,206,363 | 364,414 | 841,949 | 3,909 | 838,040 | Actual 2018 | 1,214,442 | 360,522 | 853,920 | 1,114 | 852,806 | ||||||
6.03 | Life Storage - 364 | TTM 5/31/2019 | 1,132,189 | 246,846 | 885,343 | 8,022 | 877,321 | Actual 2018 | 1,113,268 | 256,114 | 857,154 | 6,603 | 850,551 | ||||||
6.04 | Life Storage - 365 | TTM 5/31/2019 | 1,056,886 | 212,266 | 844,620 | 10,177 | 834,443 | Actual 2018 | 1,036,865 | 214,069 | 822,796 | 8,728 | 814,068 | ||||||
6.05 | Life Storage - 212 | TTM 5/31/2019 | 973,042 | 205,454 | 767,588 | 4,567 | 763,021 | Actual 2018 | 963,216 | 198,184 | 765,032 | 1,569 | 763,463 | ||||||
6.06 | Life Storage - 386 | TTM 5/31/2019 | 1,056,555 | 392,987 | 663,568 | 4,380 | 659,188 | Actual 2018 | 1,054,597 | 379,656 | 674,941 | 1,013 | 673,928 | ||||||
6.07 | Life Storage - 256 | TTM 5/31/2019 | 896,476 | 254,477 | 641,999 | 4,643 | 637,356 | Actual 2018 | 890,575 | 248,777 | 641,798 | 1,277 | 640,521 | ||||||
6.08 | Life Storage - 206 | TTM 5/31/2019 | 902,153 | 319,962 | 582,191 | 5,982 | 576,209 | Actual 2018 | 907,393 | 305,274 | 602,119 | 0 | 602,119 | ||||||
6.09 | Life Storage - 324 | TTM 5/31/2019 | 885,487 | 243,690 | 641,797 | 6,453 | 635,344 | Actual 2018 | 873,141 | 245,857 | 627,284 | 972 | 626,312 | ||||||
6.10 | Life Storage - 236 | TTM 5/31/2019 | 866,329 | 291,659 | 574,670 | 4,946 | 569,724 | Actual 2018 | 850,410 | 280,574 | 569,836 | 1,139 | 568,697 | ||||||
6.11 | Life Storage - 184 | TTM 5/31/2019 | 759,633 | 219,389 | 540,244 | 2,881 | 537,363 | Actual 2018 | 752,718 | 216,324 | 536,394 | 1,613 | 534,781 | ||||||
6.12 | Life Storage - 500 | TTM 5/31/2019 | 787,337 | 311,311 | 476,026 | 6,031 | 469,995 | Actual 2018 | 782,684 | 300,256 | 482,428 | 2,833 | 479,595 | ||||||
6.13 | Life Storage - 288 | TTM 5/31/2019 | 722,836 | 235,957 | 486,879 | 2,736 | 484,143 | Actual 2018 | 717,936 | 239,444 | 478,492 | 1,573 | 476,919 | ||||||
6.14 | Life Storage - 299 | TTM 5/31/2019 | 693,963 | 193,664 | 500,299 | 5,606 | 494,693 | Actual 2018 | 670,518 | 186,039 | 484,479 | 1,218 | 483,261 | ||||||
6.15 | Life Storage - 209 | TTM 5/31/2019 | 684,576 | 186,661 | 497,915 | 7,041 | 490,874 | Actual 2018 | 679,253 | 184,256 | 494,997 | 4,160 | 490,837 | ||||||
6.16 | Life Storage - 035 | TTM 5/31/2019 | 685,459 | 271,679 | 413,780 | 10,092 | 403,688 | Actual 2018 | 694,028 | 273,269 | 420,759 | 7,019 | 413,740 | ||||||
6.17 | Life Storage - 074 | TTM 5/31/2019 | 646,409 | 209,862 | 436,547 | 5,468 | 431,079 | Actual 2018 | 624,877 | 208,888 | 415,989 | 3,439 | 412,550 | ||||||
6.18 | Life Storage - 252 | TTM 5/31/2019 | 614,654 | 230,886 | 383,768 | 4,151 | 379,617 | Actual 2018 | 634,148 | 249,660 | 384,488 | 3,311 | 381,177 | ||||||
6.19 | Life Storage - 033 | TTM 5/31/2019 | 593,198 | 240,137 | 353,061 | 2,385 | 350,676 | Actual 2018 | 577,501 | 228,717 | 348,784 | 489 | 348,295 | ||||||
6.20 | Life Storage - 205 | TTM 5/31/2019 | 520,767 | 195,046 | 325,721 | 4,900 | 320,821 | Actual 2018 | 504,062 | 187,825 | 316,237 | 2,515 | 313,722 | ||||||
6.21 | Life Storage - 300 | TTM 5/31/2019 | 568,362 | 169,486 | 398,876 | 4,325 | 394,551 | Actual 2018 | 563,623 | 163,530 | 400,093 | 972 | 399,121 | ||||||
6.22 | Life Storage - 026 | TTM 5/31/2019 | 539,582 | 207,656 | 331,926 | 7,406 | 324,520 | Actual 2018 | 521,480 | 209,614 | 311,866 | 5,589 | 306,277 | ||||||
6.23 | Life Storage - 361 | TTM 5/31/2019 | 506,435 | 191,813 | 314,622 | 1,650 | 312,972 | Actual 2018 | 486,820 | 183,340 | 303,480 | 99 | 303,381 | ||||||
6.24 | Life Storage - 165 | TTM 5/31/2019 | 441,216 | 157,665 | 283,551 | 3,219 | 280,332 | Actual 2018 | 439,626 | 157,093 | 282,533 | 2,146 | 280,387 | ||||||
6.25 | Life Storage - 208 | TTM 5/31/2019 | 391,623 | 128,538 | 263,085 | 2,795 | 260,290 | Actual 2018 | 402,560 | 110,964 | 291,596 | 715 | 290,881 | ||||||
6.26 | Life Storage - 211 | TTM 5/31/2019 | 441,950 | 167,615 | 274,335 | 3,254 | 271,081 | Actual 2018 | 427,891 | 162,489 | 265,402 | 759 | 264,643 | ||||||
6.27 | Life Storage - 021 | TTM 5/31/2019 | 441,743 | 199,033 | 242,710 | 4,207 | 238,503 | Actual 2018 | 425,679 | 187,860 | 237,819 | 2,028 | 235,791 | ||||||
6.28 | Life Storage - 298 | TTM 5/31/2019 | 355,058 | 128,332 | 226,726 | 3,460 | 223,266 | Actual 2018 | 348,863 | 127,208 | 221,655 | 1,047 | 220,608 | ||||||
6.29 | Life Storage - 297 | TTM 5/31/2019 | 294,168 | 121,887 | 172,281 | 3,176 | 169,105 | Actual 2018 | 293,946 | 115,124 | 178,822 | 1,105 | 177,717 | ||||||
6.30 | Life Storage - 153 | TTM 5/31/2019 | 282,401 | 140,949 | 141,452 | 2,065 | 139,387 | Actual 2018 | 276,078 | 138,872 | 137,206 | 1,247 | 135,959 | ||||||
6.31 | Life Storage - 075 | TTM 5/31/2019 | 292,944 | 155,103 | 137,841 | 3,601 | 134,240 | Actual 2018 | 284,365 | 150,407 | 133,958 | 2,631 | 131,327 | ||||||
6.32 | Life Storage - 152 | TTM 5/31/2019 | 248,817 | 133,135 | 115,682 | 2,753 | 112,929 | Actual 2018 | 244,294 | 131,880 | 112,414 | 2,997 | 109,417 | ||||||
7 | Olympia Medical Office | TTM 5/31/2019 | 4,652,205 | 1,217,792 | 3,434,413 | 0 | 3,434,413 | Actual 2018 | 4,595,151 | 1,176,545 | 3,418,606 | 0 | 3,418,606 | ||||||
8 | Sugar Creek Center | TTM 3/31/2019 | 4,565,754 | 2,120,781 | 2,444,973 | 0 | 2,444,973 | Actual 2018 | 4,833,523 | 2,112,949 | 2,720,574 | 0 | 2,720,574 | ||||||
9 | 3300 Renner | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
10 | Mahwah Business Park | TTM 5/31/2019 | 3,385,451 | 1,070,111 | 2,315,339 | 3,085 | 2,312,254 | Actual 2017 | 2,586,476 | 1,045,613 | 1,540,863 | 0 | 1,540,863 | ||||||
11 | Sequa Corporation Industrial Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
11.01 | 3401 Queen Palm Drive - Tampa | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
11.02 | 3636 Arrowhead Drive - Carson City | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
11.03 | 601 Marshall Phelps Road - Windsor | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
11.04 | 5161 West Polk Street - Phoenix | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
11.05 | 420 Commerce Boulevard - Oldsmar | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
12 | Grand Traverse Crossing | Annualized 11 2/28/2019 | 2,732,290 | 731,764 | 2,000,525 | 182,580 | 1,817,946 | TTM 5/31/2018 | 2,907,675 | 729,275 | 2,178,400 | 182,580 | 1,995,821 | ||||||
13 | Lenox Park | TTM 6/30/2019 | 5,799,183 | 3,599,504 | 2,199,679 | 0 | 2,199,679 | Actual 2018 | 6,108,830 | 3,466,122 | 2,642,708 | 0 | 2,642,708 | ||||||
14 | DCB Industrial Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
14.01 | DCB Savannah, GA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
14.02 | DCB Visalia, CA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
14.03 | DCB Bremen, GA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
14.04 | DCB Bondurant, IA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
14.05 | DCB Mitchellville, IA 2 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
14.06 | DCB Mitchellville, IA 1 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
15 | Renaissance Center VI | TTM 5/31/2019 | 3,690,000 | 1,706,617 | 1,983,383 | 0 | 1,983,383 | Annualized 9 12/31/2018 | 3,675,000 | 1,443,828 | 2,231,172 | 0 | 2,231,172 | ||||||
16 | Triyar Portfolio III | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
16.01 | Greenville | Actual 2018 | 1,212,427 | 146,471 | 1,065,956 | 0 | 1,065,956 | Actual 2017 | 1,195,258 | 130,917 | 1,064,341 | 0 | 1,064,341 | ||||||
16.02 | Rantoul | Actual 2018 | 870,785 | 371,177 | 499,608 | 0 | 499,608 | Actual 2017 | 754,480 | 351,834 | 402,646 | 0 | 402,646 | ||||||
16.03 | Wichita | Actual 2018 | 619,713 | 33,469 | 586,244 | 0 | 586,244 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
16.04 | Richland | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
17 | Hi-25 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
18 | 188 Spear Street | TTM 3/31/2019 | 15,152,563 | 4,543,255 | 10,609,308 | 0 | 10,609,308 | Actual 2018 | 14,949,275 | 4,375,215 | 10,574,060 | 0 | 10,574,060 | ||||||
19 | El Con Center | Actual 2018 | 8,795,791 | 2,283,756 | 6,512,035 | 0 | 6,512,035 | Actual 2017 | 7,984,336 | 2,347,800 | 5,636,536 | 0 | 5,636,536 | ||||||
20 | The Beacon | TTM 5/31/2019 | 1,466,327 | 381,680 | 1,084,646 | 0 | 1,084,646 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
21 | Mount Kemble | TTM 5/31/2019 | 5,165,551 | 2,307,057 | 2,858,494 | 0 | 2,858,494 | Actual 2017 | 4,510,800 | 2,480,613 | 2,030,187 | 0 | 2,030,187 | ||||||
22 | Bloomfield Square Apartments | TTM 5/31/2019 | 2,725,327 | 1,320,529 | 1,404,798 | 0 | 1,404,798 | Actual 2018 | 2,625,586 | 1,335,017 | 1,290,569 | 0 | 1,290,569 | ||||||
23 | Lehigh Student Housing Portfolio | TTM 4/30/2019 | 1,979,023 | 472,519 | 1,506,504 | 0 | 1,506,504 | Actual 2018 | 1,881,426 | 466,084 | 1,415,342 | 0 | 1,415,342 | ||||||
24 | TownePlace Suites Sacramento Cal Expo | 127 | 107 | TTM 4/30/2019 | 4,777,983 | 2,759,876 | 2,018,107 | 191,125 | 1,826,981 | 127 | 109 | Actual 2018 | 4,594,804 | 2,699,808 | 1,894,996 | 183,792 | 1,711,203 | 124 | 105 |
25 | Shetland Park | TTM 3/31/2019 | 12,592,460 | 6,086,923 | 6,505,537 | 0 | 6,505,537 | Actual 2018 | 12,470,521 | 6,075,626 | 6,394,895 | 0 | 6,394,895 | ||||||
26 | Best Western Colorado Springs Portfolio | 118 | 80 | TTM 3/31/2019 | 5,398,954 | 3,337,580 | 2,061,374 | 0 | 2,061,374 | 118 | 80 | Actual 2018 | 5,556,353 | 3,397,932 | 2,158,422 | 0 | 2,158,422 | 119 | 83 |
26.01 | Best Western Plus Peak Vista | 125 | 85 | TTM 3/31/2019 | 2,890,084 | 1,973,334 | 916,750 | 0 | 916,750 | 118 | 79 | Actual 2018 | 3,202,009 | 1,975,563 | 1,226,446 | 0 | 1,226,446 | 126 | 88 |
26.02 | Best Western Executive Inn & Suites | 109 | 75 | TTM 3/31/2019 | 2,508,870 | 1,364,246 | 1,144,624 | 0 | 1,144,624 | 119 | 81 | Actual 2018 | 2,354,345 | 1,422,369 | 931,976 | 0 | 931,976 | 110 | 77 |
27 | Smoke Tree Village and Smoke Tree Commons | TTM 3/31/2019 | 6,237,115 | 2,432,112 | 3,805,003 | 0 | 3,805,003 | Actual 2018 | 6,267,547 | 2,768,637 | 3,498,910 | 0 | 3,498,910 | ||||||
27.01 | Smoke Tree Commons | TTM 3/31/2019 | 4,231,862 | 1,480,893 | 2,750,969 | 0 | 2,750,969 | Actual 2018 | 4,214,192 | 1,781,530 | 2,432,662 | 0 | 2,432,662 | ||||||
27.02 | Smoke Tree Village | TTM 3/31/2019 | 2,005,253 | 951,219 | 1,054,033 | 0 | 1,054,033 | Actual 2018 | 2,053,355 | 987,107 | 1,066,247 | 0 | 1,066,247 | ||||||
28 | South Grove Shopping Center | TTM 6/30/2019 | 1,143,133 | 355,235 | 787,898 | 0 | 787,898 | Actual 2017 | 1,165,531 | 305,450 | 860,081 | 0 | 860,081 | ||||||
29 | Hampton Inn Sneads Ferry | 112 | 84 | TTM 4/30/2019 | 3,061,136 | 1,628,360 | 1,432,777 | 122,445 | 1,310,331 | 116 | 91 | Actual 2018 | 2,080,335 | 1,100,060 | 980,275 | 83,213 | 897,062 | 119 | 93 |
30 | Del Mar Terrace Apartments | TTM 4/30/2019 | 9,879,531 | 4,283,063 | 5,596,468 | 253,000 | 5,343,468 | Actual 2018 | 9,735,704 | 4,168,504 | 5,567,201 | 253,000 | 5,314,201 | ||||||
31 | Central Park Plaza | TTM 4/30/2019 | 841,986 | 531,264 | 310,722 | 0 | 310,722 | Actual 2018 | 789,032 | 573,418 | 215,614 | 0 | 215,614 | ||||||
32 | Cedar Crest | TTM 4/30/2019 | 1,040,432 | 205,276 | 835,156 | 0 | 835,156 | Actual 2018 | 1,101,486 | 217,724 | 883,762 | 0 | 883,762 | ||||||
33 | 1305 Tacoma | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
34 | 54 Mint | TTM 5/31/2019 | 1,156,067 | 170,301 | 985,766 | 0 | 985,766 | Actual 2018 | 1,102,787 | 174,486 | 928,301 | 0 | 928,301 | ||||||
35 | Cordelia Road | TTM 3/31/2019 | 1,053,302 | 249,671 | 803,631 | 0 | 803,631 | Actual 2018 | 1,032,759 | 249,381 | 783,378 | 0 | 783,378 | ||||||
36 | 40 East Verdugo | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
37 | Sunrise Lake | TTM 4/30/2019 | 1,451,880 | 626,469 | 825,411 | 0 | 825,411 | Actual 2018 | 1,462,704 | 628,336 | 834,368 | 0 | 834,368 | ||||||
38 | Sonoma Point Apartments - CA | TTM 5/31/2019 | 1,445,991 | 645,913 | 800,077 | 0 | 800,077 | Actual 2018 | 1,490,330 | 679,976 | 810,354 | 0 | 810,354 | ||||||
39 | Best Western Plus Madison/Huntsville | 76 | 60 | TTM 3/31/2019 | 3,906,902 | 2,628,536 | 1,278,367 | 195,345 | 1,083,021 | 76 | 60 | Actual 2018 | 3,666,222 | 2,551,959 | 1,114,263 | 183,311 | 930,952 | 75 | 56 |
40 | East River Plaza | TTM 3/31/2019 | 1,055,082 | 175,331 | 879,751 | 0 | 879,751 | Actual 2018 | 1,054,063 | 180,021 | 874,042 | 0 | 874,042 | ||||||
41 | Fort Evans Plaza Office Buildings | Annualized 5 5/31/2019 | 1,489,364 | 555,790 | 933,574 | 0 | 933,574 | Actual 2018 | 1,240,332 | 435,739 | 804,593 | 0 | 804,593 | ||||||
42 | 33rd & 23rd Retail Center | TTM 8/31/2018 | 287,071 | 85,792 | 201,279 | 0 | 201,279 | Actual 2017 | 384,289 | 71,149 | 313,140 | 0 | 313,140 | ||||||
43 | CubeSmart -Leesburg | Annualized 5 5/31/2019 | 997,046 | 377,388 | 619,658 | 0 | 619,658 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
44 | 810 Lufkin Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
45 | Plaza 273 | TTM 4/30/2019 | 1,325,158 | 487,740 | 837,418 | 80,644 | 756,774 | Actual 2018 | 1,298,692 | 497,589 | 801,103 | 80,644 | 720,459 | ||||||
46 | Orangethorpe Center | TTM 3/31/2019 | 803,283 | 205,999 | 597,284 | 0 | 597,284 | Actual 2018 | 774,864 | 205,424 | 569,440 | 0 | 569,440 | ||||||
47 | Courtyard Columbus Dublin | 112 | 66 | TTM 4/30/2019 | 3,972,330 | 3,054,777 | 917,552 | 158,893 | 758,659 | 112 | 66 | Actual 2018 | 3,982,366 | 3,096,033 | 886,333 | 159,295 | 727,038 | 112 | 67 |
48 | 67 Forest Street | TTM 5/31/2019 | 432,232 | 530,994 | -98,762 | 0 | -98,762 | Actual 2018 | 599,938 | 552,014 | 47,924 | 0 | 47,924 | ||||||
49 | Lofts at Ionia | TTM 5/31/2019 | 729,719 | 256,522 | 473,197 | 0 | 473,197 | Actual 2018 | 674,253 | 277,436 | 396,817 | 0 | 396,817 | ||||||
50 | Gray Falls Drive Office | TTM 5/31/2019 | 1,079,858 | 584,814 | 495,044 | 0 | 495,044 | Actual 2018 | 1,162,688 | 599,094 | 563,593 | 0 | 563,593 | ||||||
51 | Holiday Inn Express Shelbyville | 103 | 68 | TTM 5/31/2019 | 1,829,830 | 1,089,399 | 740,431 | 73,193 | 667,238 | 103 | 68 | Actual 2018 | 1,771,957 | 1,209,506 | 562,451 | 70,878 | 491,573 | 103 | 66 |
52 | Neighborhood Shoppes at Polaris | TTM 3/31/2019 | 911,195 | 334,187 | 577,007 | 0 | 577,007 | Actual 2018 | 889,605 | 368,908 | 520,696 | 679 | 520,018 | ||||||
53 | Jefferson Storage | TTM 4/30/2019 | 616,793 | 208,905 | 407,888 | 0 | 407,888 | Actual 2018 | 608,929 | 228,189 | 380,740 | 0 | 380,740 | ||||||
54 | Larkfield Self Storage | TTM 4/30/2019 | 1,026,916 | 398,837 | 628,079 | 0 | 628,079 | Actual 2018 | 1,019,200 | 391,489 | 627,712 | 0 | 627,712 | ||||||
55 | Red Roof Inn & Suites - Savannah | 69 | 51 | TTM 3/31/2019 | 1,699,639 | 956,980 | 742,659 | 67,986 | 674,674 | 69 | 51 | Actual 2018 | 1,701,146 | 979,569 | 721,577 | 68,046 | 653,531 | 69 | 51 |
56 | Walgreens Elkton | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
57 | Superior Storage Cheyenne | TTM 4/30/2019 | 621,073 | 167,969 | 453,103 | 0 | 453,103 | Actual 2018 | 556,871 | 158,819 | 398,051 | 0 | 398,051 | ||||||
58 | Best Western Shippensburg | 67 | 54 | TTM 2/28/2019 | 1,222,739 | 643,086 | 579,654 | 48,910 | 530,744 | 67 | 54 | Actual 2018 | 1,216,573 | 641,383 | 575,190 | 48,663 | 526,527 | 67 | 53 |
59 | County Fair Market Place | TTM 4/30/2019 | 441,982 | 261,183 | 180,799 | 0 | 180,799 | Actual 2018 | 272,240 | 261,646 | 10,594 | 0 | 10,594 | ||||||
60 | Cintas Rochester | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
61 | Peckville Shopping Center | TTM 3/31/2019 | 672,628 | 194,803 | 477,825 | 0 | 477,825 | Actual 2018 | 735,380 | 207,002 | 528,377 | 0 | 528,377 | ||||||
62 | Icon I & II | TTM 6/30/2019 | 146,357 | 91,410 | 54,946 | 0 | 54,946 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
62.01 | Icon II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
62.02 | Icon I | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
63 | Walgreens Spartanburg | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
64 | 707-715 East 47th Street | TTM 4/30/2019 | 490,032 | 177,831 | 312,201 | 0 | 312,201 | Actual 2018 | 499,147 | 174,284 | 324,863 | 0 | 324,863 | ||||||
65 | 14218 and 14292 US Highway 395 | TTM 4/30/2019 | 237,656 | 9,631 | 228,025 | 0 | 228,025 | Actual 2018 | 237,664 | 7,356 | 230,308 | 0 | 230,308 | ||||||
66 | Villa Rica Self Storage | TTM 4/30/2019 | 264,836 | 114,845 | 149,991 | 0 | 149,991 | Actual 2018 | 249,117 | 107,410 | 141,707 | 0 | 141,707 | ||||||
67 | Dollar General Houghton Lake | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
A-1-5
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Third Most Recent Period | Third Most Recent Revenues ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($)(2) | Third Most Recent Capital Expenditures | Third Most Recent NCF ($) | Third Most Recent Hotel ADR | Third Most Recent Hotel RevPAR | Master Lease (Y/N)(11) | Largest Tenant Name(4)(6)(7)(8)(9) | Largest Tenant Sq. Ft. | Largest Tenant % of NRA | Largest Tenant Exp. Date | 2nd Largest Tenant Name(6)(8) | 2nd Largest Tenant Sq. Ft. | 2nd Largest Tenant % of NRA |
1 | Moffett Towers II - Buildings 3 & 4 | NAV | NAV | NAV | NAV | NAV | NAV | N | 701,266 | 100.0% | 5/31/2034 | ||||||
2 | University Town Center | Actual 2017 | 6,266,641 | 1,475,248 | 4,791,393 | 0 | 4,791,393 | N | Academy Sports | 69,330 | 19.9% | 1/31/2025 | TJ Maxx | 26,000 | 7.5% | ||
3 | SoCal Retail Portfolio | Actual 2016 | 23,199,707 | 5,426,714 | 17,772,993 | 0 | 17,772,993 | N | Various | Various | Various | Various | Various | Various | Various | ||
3.01 | The Springs | Actual 2016 | 3,661,670 | 1,048,836 | 2,612,834 | 0 | 2,612,834 | N | The Home Depot | 149,591 | 37.6% | 1/31/2034 | Burlington Coat Factory | 43,712 | 11.0% | ||
3.02 | Summerwood | Actual 2016 | 3,463,690 | 699,202 | 2,764,489 | 0 | 2,764,489 | N | Smart & Final | 31,500 | 17.6% | 6/30/2021 | Marshalls | 28,230 | 15.8% | ||
3.03 | Food 4 Less – Target Center | Actual 2016 | 2,607,363 | 370,497 | 2,236,866 | 0 | 2,236,866 | N | Target | 133,987 | 68.2% | 1/31/2028 | Food 4 Less | 52,924 | 26.9% | ||
3.04 | El Super Center | Actual 2016 | 1,950,722 | 522,913 | 1,427,809 | 0 | 1,427,809 | N | El Super | 45,000 | 38.4% | 3/31/2027 | Warehouse Shoes | 16,722 | 14.3% | ||
3.05 | Island Plaza | Actual 2016 | 1,794,035 | 342,576 | 1,451,458 | 0 | 1,451,458 | N | Island Pacific Market | 31,000 | 39.9% | 12/31/2023 | 99 Cents Only Stores LLC | 15,000 | 19.3% | ||
3.06 | Baldwin Park Promenade | Actual 2016 | 1,368,748 | 329,044 | 1,039,703 | 0 | 1,039,703 | N | Smart & Final | 20,725 | 41.5% | 12/31/2022 | CVS | 13,013 | 26.1% | ||
3.07 | Lynwood Plaza | Actual 2016 | 1,248,718 | 405,141 | 843,577 | 0 | 843,577 | N | Smart & Final | 20,925 | 27.8% | 9/30/2023 | 99cents Only Store | 18,000 | 23.9% | ||
3.08 | El Cajon (CVS) | Actual 2016 | 1,057,339 | 206,346 | 850,993 | 0 | 850,993 | N | CVS | 16,784 | 56.0% | 10/6/2025 | Northpark Produce | 9,482 | 31.6% | ||
3.09 | Loma Vista | Actual 2016 | 1,189,907 | 245,523 | 944,384 | 0 | 944,384 | N | Superior Super Warehouse | 81,071 | 83.1% | 4/30/2021 | China Cook | 2,145 | 2.2% | ||
3.10 | MLK Medical | Actual 2016 | 934,077 | 132,682 | 801,394 | 0 | 801,394 | N | ALTAMED Health Services | 15,000 | 46.2% | 1/31/2024 | Kaiser Foundation Health Plan | 12,500 | 38.5% | ||
3.11 | Hawthorne Plaza | Actual 2016 | 1,118,054 | 208,959 | 909,095 | 0 | 909,095 | N | WalMart | 35,500 | 50.2% | 7/9/2023 | Marshalls | 35,250 | 49.8% | ||
3.12 | Five Points Plaza | Actual 2016 | 1,062,649 | 352,349 | 710,300 | 0 | 710,300 | N | El Super | 46,967 | 52.5% | 3/31/2025 | Planet Fitness | 19,700 | 22.0% | ||
3.13 | Towne Center Square | Actual 2016 | 1,049,516 | 348,311 | 701,205 | 0 | 701,205 | N | Seafood City Supermarket | 28,583 | 49.7% | 10/31/2023 | Tuesday Morning, Inc | 15,343 | 26.7% | ||
3.14 | Camarillo | Actual 2016 | 693,221 | 214,335 | 478,886 | 0 | 478,886 | N | Smash Burger | 2,600 | 25.2% | 11/25/2024 | Chipotle | 2,400 | 23.2% | ||
4 | Embassy Suites at Centennial Olympic Park | Actual 2017 | 20,769,330 | 12,624,406 | 8,144,924 | 830,773 | 7,314,151 | 189 | 150 | N | |||||||
5 | Capital Plaza | Actual 2017 | 4,334,316 | 3,596,374 | 737,942 | 0 | 737,942 | N | Johnson & Johnson | 93,752 | 22.5% | 12/31/2023 | Select Portfolio Servicing | 79,448 | 19.0% | ||
6 | Inland Life Storage Portfolio | Actual 2017 | 21,626,532 | 6,998,459 | 14,628,073 | 79,193 | 14,548,880 | N | |||||||||
6.01 | Life Storage - 586 | Actual 2017 | 1,282,191 | 274,667 | 1,007,524 | 912 | 1,006,612 | N | |||||||||
6.02 | Life Storage - 145 | Actual 2017 | 1,244,299 | 363,404 | 880,895 | 1,172 | 879,723 | N | |||||||||
6.03 | Life Storage - 364 | Actual 2017 | 1,098,364 | 244,883 | 853,481 | 6,802 | 846,679 | N | |||||||||
6.04 | Life Storage - 365 | Actual 2017 | 995,871 | 219,283 | 776,588 | 8,881 | 767,707 | N | |||||||||
6.05 | Life Storage - 212 | Actual 2017 | 1,008,733 | 208,326 | 800,407 | 2,002 | 798,405 | N | |||||||||
6.06 | Life Storage - 386 | Actual 2017 | 1,018,767 | 358,871 | 659,896 | 1,296 | 658,600 | N | |||||||||
6.07 | Life Storage - 256 | Actual 2017 | 852,468 | 240,624 | 611,844 | 1,418 | 610,426 | N | |||||||||
6.08 | Life Storage - 206 | Actual 2017 | 971,159 | 309,731 | 661,428 | 0 | 661,428 | N | |||||||||
6.09 | Life Storage - 324 | Actual 2017 | 904,412 | 266,449 | 637,963 | 1,449 | 636,514 | N | |||||||||
6.10 | Life Storage - 236 | Actual 2017 | 887,221 | 286,128 | 601,093 | 1,691 | 599,402 | N | |||||||||
6.11 | Life Storage - 184 | Actual 2017 | 742,923 | 212,143 | 530,780 | 1,144 | 529,636 | N | |||||||||
6.12 | Life Storage - 500 | Actual 2017 | 823,454 | 337,932 | 485,522 | 4,897 | 480,625 | N | |||||||||
6.13 | Life Storage - 288 | Actual 2017 | 750,439 | 243,328 | 507,111 | 1,429 | 505,682 | N | |||||||||
6.14 | Life Storage - 299 | Actual 2017 | 665,516 | 190,513 | 475,003 | 1,439 | 473,564 | N | |||||||||
6.15 | Life Storage - 209 | Actual 2017 | 695,171 | 185,392 | 509,779 | 1,319 | 508,460 | N | |||||||||
6.16 | Life Storage - 035 | Actual 2017 | 687,878 | 268,905 | 418,973 | 3,235 | 415,738 | N | |||||||||
6.17 | Life Storage - 074 | Actual 2017 | 599,593 | 206,139 | 393,454 | 4,972 | 388,482 | N | |||||||||
6.18 | Life Storage - 252 | Actual 2017 | 630,855 | 246,675 | 384,180 | 4,246 | 379,934 | N | |||||||||
6.19 | Life Storage - 033 | Actual 2017 | 576,342 | 227,031 | 349,311 | 885 | 348,426 | N | |||||||||
6.20 | Life Storage - 205 | Actual 2017 | 489,743 | 186,975 | 302,768 | 3,973 | 298,795 | N | |||||||||
6.21 | Life Storage - 300 | Actual 2017 | 568,525 | 185,243 | 383,282 | 1,738 | 381,544 | N | |||||||||
6.22 | Life Storage - 026 | Actual 2017 | 504,535 | 191,947 | 312,588 | 5,295 | 307,293 | N | |||||||||
6.23 | Life Storage - 361 | Actual 2017 | 479,039 | 188,535 | 290,504 | 495 | 290,009 | N | |||||||||
6.24 | Life Storage - 165 | Actual 2017 | 403,839 | 165,632 | 238,207 | 1,479 | 236,728 | N | |||||||||
6.25 | Life Storage - 208 | Actual 2017 | 426,983 | 141,398 | 285,585 | 916 | 284,669 | N | |||||||||
6.26 | Life Storage - 211 | Actual 2017 | 435,315 | 172,012 | 263,303 | 1,896 | 261,407 | N | |||||||||
6.27 | Life Storage - 021 | Actual 2017 | 414,209 | 193,887 | 220,322 | 2,690 | 217,632 | N | |||||||||
6.28 | Life Storage - 298 | Actual 2017 | 369,175 | 131,414 | 237,761 | 1,693 | 236,068 | N | |||||||||
6.29 | Life Storage - 297 | Actual 2017 | 310,234 | 118,905 | 191,329 | 665 | 190,664 | N | |||||||||
6.30 | Life Storage - 153 | Actual 2017 | 266,683 | 133,932 | 132,751 | 2,297 | 130,454 | N | |||||||||
6.31 | Life Storage - 075 | Actual 2017 | 278,651 | 148,057 | 130,594 | 3,714 | 126,880 | N | |||||||||
6.32 | Life Storage - 152 | Actual 2017 | 243,955 | 150,098 | 93,857 | 3,153 | 90,704 | N | |||||||||
7 | Olympia Medical Office | Actual 2017 | 4,266,770 | 1,177,853 | 3,088,917 | 0 | 3,088,917 | N | Olympia Health Care | 14,174 | 15.7% | 5/31/2029 | Peter Ruane, MD | 9,035 | 10.0% | ||
8 | Sugar Creek Center | Actual 2017 | 4,571,702 | 2,119,240 | 2,452,462 | 0 | 2,452,462 | N | Amerex Brokers | 20,781 | 10.7% | 5/31/2022 | The Pronet Group | 15,109 | 7.8% | ||
9 | 3300 Renner | NAV | NAV | NAV | NAV | NAV | NAV | Y | Genpact | 179,402 | 96.9% | 8/31/2029 | Verizon / Genpact | 5,265 | 2.8% | ||
10 | Mahwah Business Park | Actual 2016 | 2,577,876 | 1,055,550 | 1,522,326 | 0 | 1,522,326 | N | Extra Space | 97,328 | 25.6% | 10/31/2026 | Acupac | 93,241 | 24.5% | ||
11 | Sequa Corporation Industrial Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | N | Chromalloy Gas Turbine, LLC | 600,917 | 100.0% | 10/31/2038 | |||||
11.01 | 3401 Queen Palm Drive - Tampa | NAV | NAV | NAV | NAV | NAV | NAV | N | Chromalloy Gas Turbine, LLC | 167,207 | 100.0% | 10/31/2038 | |||||
11.02 | 3636 Arrowhead Drive - Carson City | NAV | NAV | NAV | NAV | NAV | NAV | N | Chromalloy Gas Turbine, LLC | 189,810 | 100.0% | 10/31/2038 | |||||
11.03 | 601 Marshall Phelps Road - Windsor | NAV | NAV | NAV | NAV | NAV | NAV | N | Chromalloy Gas Turbine, LLC | 125,000 | 100.0% | 10/31/2038 | |||||
11.04 | 5161 West Polk Street - Phoenix | NAV | NAV | NAV | NAV | NAV | NAV | N | Chromalloy Gas Turbine, LLC | 87,294 | 100.0% | 10/31/2038 | |||||
11.05 | 420 Commerce Boulevard - Oldsmar | NAV | NAV | NAV | NAV | NAV | NAV | N | Chromalloy Gas Turbine, LLC | 31,606 | 100.0% | 10/31/2038 | |||||
12 | Grand Traverse Crossing | Actual 2017 | 2,855,901 | 733,216 | 2,122,685 | 182,580 | 1,940,105 | N | Home Depot | 111,847 | 44.9% | 1/31/2027 | Staples | 24,218 | 9.7% | ||
13 | Lenox Park | Actual 2017 | 5,449,568 | 3,356,744 | 2,092,824 | 0 | 2,092,824 | N | Varsity Brands, Inc. | 51,073 | 13.1% | 12/31/2021 | RAC King, LLC | 42,828 | 10.9% | ||
14 | DCB Industrial Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | Y | Diamond Crystal Brands | 740,575 | 100.0% | 8/31/2034 | |||||
14.01 | DCB Savannah, GA | NAV | NAV | NAV | NAV | NAV | NAV | Y | Diamond Crystal Brands | 299,200 | 100.0% | 8/31/2034 | |||||
14.02 | DCB Visalia, CA | NAV | NAV | NAV | NAV | NAV | NAV | Y | Diamond Crystal Brands | 107,494 | 100.0% | 8/31/2034 | |||||
14.03 | DCB Bremen, GA | NAV | NAV | NAV | NAV | NAV | NAV | Y | Diamond Crystal Brands | 158,080 | 100.0% | 8/31/2034 | |||||
14.04 | DCB Bondurant, IA | NAV | NAV | NAV | NAV | NAV | NAV | Y | Diamond Crystal Brands | 100,281 | 100.0% | 8/31/2034 | |||||
14.05 | DCB Mitchellville, IA 2 | NAV | NAV | NAV | NAV | NAV | NAV | Y | Diamond Crystal Brands | 46,129 | 100.0% | 8/31/2034 | |||||
14.06 | DCB Mitchellville, IA 1 | NAV | NAV | NAV | NAV | NAV | NAV | Y | Diamond Crystal Brands | 29,391 | 100.0% | 8/31/2034 | |||||
15 | Renaissance Center VI | NAV | NAV | NAV | NAV | NAV | NAV | N | The Auto Club Group, Inc. | 150,000 | 100.0% | 3/31/2033 | |||||
16 | Triyar Portfolio III | NAV | NAV | NAV | NAV | NAV | NAV | N | Various | Various | Various | Various | |||||
16.01 | Greenville | NAV | NAV | NAV | NAV | NAV | NAV | N | Beauty Systems Group LLC | 243,840 | 100.0% | 3/31/2024 | |||||
16.02 | Rantoul | NAV | NAV | NAV | NAV | NAV | NAV | N | Tri Rinse, Inc. | 303,826 | 100.0% | 10/31/2024 | |||||
16.03 | Wichita | NAV | NAV | NAV | NAV | NAV | NAV | N | Textron Aviation Inc. | 73,740 | 100.0% | 10/31/2023 | |||||
16.04 | Richland | NAV | NAV | NAV | NAV | NAV | NAV | N | American Tire Distributors, Inc. | 127,500 | 100.0% | 6/30/2025 | |||||
17 | Hi-25 | NAV | NAV | NAV | NAV | NAV | NAV | N | |||||||||
18 | 188 Spear Street | Actual 2017 | 13,859,480 | 4,260,793 | 9,598,688 | 0 | 9,598,688 | N | Amazon | 129,192 | 59.1% | 1/1/2027 | New Relic | 73,392 | 33.6% | ||
19 | El Con Center | Actual 2016 | 7,850,106 | 2,298,182 | 5,551,924 | 0 | 5,551,924 | N | JC Penney | 220,424 | 45.9% | 8/31/2021 | Century Theatres | 71,698 | 14.9% | ||
20 | The Beacon | NAV | NAV | NAV | NAV | NAV | NAV | N | GP Public House | 10,248 | 13.5% | 7/1/2023 | Elsewhere - Brewery | 6,608 | 8.7% | ||
21 | Mount Kemble | Actual 2016 | 3,666,936 | 2,297,423 | 1,369,513 | 0 | 1,369,513 | N | Avaya | 48,098 | 20.9% | 6/30/2029 | Coughlin Duffy | 39,227 | 17.1% | ||
22 | Bloomfield Square Apartments | Actual 2017 | 2,758,531 | 1,247,266 | 1,511,266 | 0 | 1,511,266 | N | |||||||||
23 | Lehigh Student Housing Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | N | |||||||||
24 | TownePlace Suites Sacramento Cal Expo | Actual 2017 | 4,198,513 | 2,458,551 | 1,739,962 | 167,941 | 1,572,021 | 118 | 96 | N | |||||||
25 | Shetland Park | Actual 2017 | 11,484,858 | 5,841,147 | 5,643,711 | 0 | 5,643,711 | N | Excelitas Technologies Corp. | 117,189 | 9.8% | 9/30/2025 | Salem Academy Charter School | 57,826 | 4.9% | ||
26 | Best Western Colorado Springs Portfolio | TTM 6/31/2017 | 5,349,652 | 2,762,083 | 2,587,569 | 0 | 2,587,569 | 116 | 80 | N | |||||||
26.01 | Best Western Plus Peak Vista | TTM 6/31/2017 | 3,030,129 | 1,541,680 | 1,488,449 | 0 | 1,488,449 | 122 | 83 | N | |||||||
26.02 | Best Western Executive Inn & Suites | TTM 6/31/2017 | 2,319,523 | 1,220,403 | 1,099,120 | 0 | 1,099,120 | 108 | 75 | N | |||||||
27 | Smoke Tree Village and Smoke Tree Commons | Actual 2017 | 5,839,040 | 2,839,084 | 2,999,956 | 0 | 2,999,956 | N | Various | Various | Various | Various | Various | Various | Various | ||
27.01 | Smoke Tree Commons | Actual 2017 | 4,186,829 | 1,758,125 | 2,428,703 | 0 | 2,428,703 | N | TJ Maxx | 28,567 | 16.7% | 3/31/2024 | Jensen’s Finest Foods | 25,360 | 14.8% | ||
27.02 | Smoke Tree Village | Actual 2017 | 1,652,211 | 1,080,958 | 571,253 | 0 | 571,253 | N | Ralphs Fresh Fare | 39,780 | 36.2% | 12/31/2027 | Union Oil | 4,000 | 3.6% | ||
28 | South Grove Shopping Center | Actual 2016 | 1,166,613 | 308,055 | 858,558 | 0 | 858,558 | N | Food City | 44,029 | 49.5% | 7/31/2028 | Karm | 15,152 | 17.0% | ||
29 | Hampton Inn Sneads Ferry | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | |||||||
30 | Del Mar Terrace Apartments | Actual 2017 | 8,958,851 | 3,993,163 | 4,965,688 | 253,000 | 4,712,688 | N | |||||||||
31 | Central Park Plaza | Actual 2016 | 585,322 | 475,482 | 109,840 | 0 | 109,840 | N | Washtenaw County HIDTA | 20,000 | 17.3% | 2/28/2034 | Michigan Orthopedic Surgeons | 9,830 | 8.5% | ||
32 | Cedar Crest | Actual 2017 | 1,014,611 | 211,874 | 802,737 | 0 | 802,737 | N | Big Lots | 30,110 | 20.1% | 1/31/2022 | D.T. McCall & Sons | 30,024 | 20.0% | ||
33 | 1305 Tacoma | NAV | NAV | NAV | NAV | NAV | NAV | N | Comprehensive Life Resources | 42,935 | 37.7% | 5/31/2026 | Pierce County | 27,653 | 24.3% | ||
34 | 54 Mint | Actual 2017 | 897,003 | 171,027 | 725,976 | 0 | 725,976 | N | Troia Alimentari Italiani, Inc. | 4,168 | 24.2% | 8/17/2028 | Pearlfisher, Inc. | 3,010 | 17.4% | ||
35 | Cordelia Road | Actual 2017 | 942,249 | 249,938 | 692,311 | 0 | 692,311 | N | GAP Supply Corp | 17,500 | 17.5% | 1/31/2024 | Alcal Industries | 14,640 | 14.7% | ||
36 | 40 East Verdugo | NAV | NAV | NAV | NAV | NAV | NAV | N | Common Grounds Burbank | 24,475 | 100.0% | 11/30/2028 | |||||
37 | Sunrise Lake | Actual 2017 | 1,358,312 | 591,841 | 766,471 | 0 | 766,471 | N | State of Texas | 11,108 | 14.9% | 4/1/2024 | Dialyspa | 8,736 | 11.7% | ||
38 | Sonoma Point Apartments - CA | Actual 2017 | 1,464,922 | 606,435 | 858,487 | 0 | 858,487 | N | |||||||||
39 | Best Western Plus Madison/Huntsville | Actual 2017 | 3,599,988 | 2,570,937 | 1,029,051 | 179,999 | 849,051 | 76 | 54 | N | |||||||
40 | East River Plaza | Actual 2017 | 1,058,051 | 161,742 | 896,309 | 0 | 896,309 | N | Burke’s Outlet Store | 21,111 | 31.1% | 1/31/2022 | Dollar Tree | 8,500 | 12.5% | ||
41 | Fort Evans Plaza Office Buildings | Annualized 11 11/30/2017 | 1,477,363 | 456,368 | 1,020,995 | 0 | 1,020,995 | N | Mosaic ATM, Inc. | 6,384 | 10.6% | 7/31/2022 | Dwyer Engineering | 4,189 | 7.0% | ||
42 | 33rd & 23rd Retail Center | Actual 2016 | 378,106 | 66,923 | 311,183 | 0 | 311,183 | N | Jo-Ann Stores, LLC | 23,445 | 51.9% | 1/31/2032 | Downeast Outfitters, Inc. | 20,755 | 46.0% | ||
43 | CubeSmart -Leesburg | NAV | NAV | NAV | NAV | NAV | NAV | N | |||||||||
44 | 810 Lufkin Road | NAV | NAV | NAV | NAV | NAV | NAV | N | Tipper Tie, Inc. | 67,232 | 44.6% | 6/30/2026 | National Delivery Systems, Inc. | 45,600 | 30.2% | ||
45 | Plaza 273 | Actual 2017 | 1,304,860 | 514,983 | 789,877 | 80,644 | 709,233 | N | Kimmel Carter Roman & Peltz, P.A. | 14,963 | 19.5% | 2/29/2024 | Keller Williams Realty | 8,808 | 11.5% | ||
46 | Orangethorpe Center | Actual 2017 | 751,700 | 209,749 | 541,951 | 0 | 541,951 | N | Galaxy International Connections, Inc. | 6,400 | 10.3% | 12/31/2021 | Chynna Dolls | 3,840 | 6.2% | ||
47 | Courtyard Columbus Dublin | Actual 2017 | 4,378,388 | 3,119,954 | 1,258,434 | 175,136 | 1,083,299 | 114 | 74 | N | |||||||
48 | 67 Forest Street | Actual 2017 | 992,051 | 580,244 | 411,807 | 0 | 411,807 | N | The Commonwealth of Massachusetts | 28,249 | 45.1% | 6/30/2029 | Tata & Howard, Inc | 14,709 | 23.5% | ||
49 | Lofts at Ionia | Actual 2017 | 674,311 | 280,360 | 393,951 | 0 | 393,951 | N | |||||||||
50 | Gray Falls Drive Office | Actual 2017 | 1,068,969 | 563,078 | 505,891 | 0 | 505,891 | N | Apartment Data Services, LLC | 11,416 | 13.4% | 11/30/2022 | Colonial Life | 5,289 | 6.2% | ||
51 | Holiday Inn Express Shelbyville | Actual 2017 | 2,046,395 | 1,287,255 | 759,140 | 81,856 | 677,284 | 103 | 76 | N | |||||||
52 | Neighborhood Shoppes at Polaris | Actual 2017 | 688,740 | 316,180 | 372,560 | 0 | 372,560 | N | Vaishno Foods | 7,034 | 20.8% | 8/31/2023 | City Barbeque | 4,500 | 13.3% | ||
53 | Jefferson Storage | Actual 2017 | 605,423 | 200,415 | 405,008 | 0 | 405,008 | Y | |||||||||
54 | Larkfield Self Storage | Actual 2017 | 977,369 | 403,017 | 574,352 | 0 | 574,352 | N | |||||||||
55 | Red Roof Inn & Suites - Savannah | Actual 2017 | 1,609,609 | 957,241 | 652,368 | 64,384 | 587,984 | 67 | 48 | N | |||||||
56 | Walgreens Elkton | NAV | NAV | NAV | NAV | NAV | NAV | N | Walgreens Elkton | 13,706 | 100.0% | 10/31/2033 | |||||
57 | Superior Storage Cheyenne | Actual 2017 | 430,199 | 139,402 | 290,797 | 0 | 290,797 | N | |||||||||
58 | Best Western Shippensburg | Actual 2017 | 1,156,360 | 628,264 | 528,096 | 46,254 | 481,842 | 69 | 51 | N | |||||||
59 | County Fair Market Place | Actual 2017 | 266,173 | 264,563 | 1,610 | 0 | 1,610 | N | PetSmart | 21,678 | 38.3% | 1/31/2029 | Aldi | 19,958 | 35.3% | ||
60 | Cintas Rochester | NAV | NAV | NAV | NAV | NAV | NAV | N | Cintas Corporation No. 2 | 48,703 | 100.0% | 2/28/2032 | |||||
61 | Peckville Shopping Center | Actual 2017 | 692,829 | 208,956 | 483,873 | 0 | 483,873 | N | Planet Fitness | 20,045 | 32.1% | 4/30/2029 | Dollar General | 7,680 | 12.3% | ||
62 | Icon I & II | NAV | NAV | NAV | NAV | NAV | NAV | N | Various | Various | Various | Various | |||||
62.01 | Icon II | NAV | NAV | NAV | NAV | NAV | NAV | N | Table 619 | 4,014 | 100.0% | 8/31/2028 | |||||
62.02 | Icon I | NAV | NAV | NAV | NAV | NAV | NAV | N | C3 Live Events | 6,050 | 100.0% | 4/30/2024 | |||||
63 | Walgreens Spartanburg | NAV | NAV | NAV | NAV | NAV | NAV | N | Walgreen Spartanburg | 14,820 | 100.0% | 3/31/2033 | |||||
64 | 707-715 East 47th Street | Actual 2017 | 366,255 | 164,809 | 201,446 | 0 | 201,446 | N | One Hope United | 11,815 | 53.9% | 4/30/2024 | Dollar Tree | 10,101 | 46.1% | ||
65 | 14218 and 14292 US Highway 395 | Actual 2017 | 219,736 | 4,970 | 214,766 | 0 | 214,766 | N | Bank of America, NA | 40,000 | 56.7% | 10/31/2027 | Carl’s Jr | 30,603 | 43.3% | ||
66 | Villa Rica Self Storage | Actual 2017 | 213,355 | 97,771 | 115,584 | 0 | 115,584 | N | C&R Enterprises | 2,240 | 6.6% | 9/30/2023 | |||||
67 | Dollar General Houghton Lake | NAV | NAV | NAV | NAV | NAV | NAV | N | Dollar General | 9,100 | 100.0% | 12/31/2033 |
A-1-6
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | 2nd Largest Tenant Exp. Date | 3rd Largest Tenant Name(6)(8)(9) | 3rd Largest Tenant Sq. Ft. | 3rd Largest Tenant % of NRA | 3rd Largest Tenant Exp. Date | 4th Largest Tenant Name(6)(8)(9)(10) | 4th Largest Tenant Sq. Ft. | 4th Largest Tenant % of NRA | 4th Largest Tenant Exp. Date | 5th Largest Tenant Name(6)(8)(9) | 5th Largest Tenant Sq. Ft. | 5th Largest Tenant % of NRA | 5th Largest Tenant Exp. Date |
1 | Moffett Towers II - Buildings 3 & 4 | |||||||||||||
2 | University Town Center | 10/31/2022 | HomeGoods | 25,000 | 7.2% | 9/30/2023 | Michaels | 21,216 | 6.1% | 9/30/2023 | Office Depot | 20,813 | 6.0% | 2/28/2023 |
3 | SoCal Retail Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various |
3.01 | The Springs | 9/30/2021 | Ross Dress For Less | 30,000 | 7.5% | 2/1/2029 | Marshalls | 28,652 | 7.2% | 4/30/2024 | Bed Bath & Beyond | 28,245 | 7.1% | 1/31/2025 |
3.02 | Summerwood | 9/30/2022 | Henry’s Market/Sprouts | 27,072 | 15.1% | 6/30/2021 | Alin Party Supply | 27,004 | 15.1% | 5/31/2024 | HomeGoods | 24,000 | 13.4% | 2/28/2023 |
3.03 | Food 4 Less – Target Center | 6/30/2033 | Taco Bell | 3,500 | 1.8% | MTM | Fat Burger | 2,000 | 1.0% | 7/30/2025 | T-Mobile | 1,500 | 0.8% | 12/31/2019 |
3.04 | El Super Center | 12/31/2022 | Fresenius Kidney Care San Jose Hills | 14,264 | 12.2% | 12/31/2029 | Harbor Freight | 14,000 | 11.9% | 12/31/2024 | Goodwill Southern California | 12,294 | 10.5% | 12/31/2028 |
3.05 | Island Plaza | 1/31/2027 | Bank of America | 8,800 | 11.3% | 3/31/2020 | Shakeys | 6,000 | 7.7% | MTM | Sprint | 4,000 | 5.1% | 11/30/2021 |
3.06 | Baldwin Park Promenade | 3/31/2032 | IHOP | 4,240 | 8.5% | 11/30/2031 | Home Street Bank | 2,016 | 4.0% | 4/30/2027 | FedEx Kinko’s | 2,000 | 4.0% | 12/31/2026 |
3.07 | Lynwood Plaza | 1/30/2022 | Goodwill | 15,000 | 19.9% | 5/31/2029 | CSK Auto, Inc. (O’Reilly) | 6,003 | 8.0% | 8/31/2020 | Rent-A-Center | 3,920 | 5.2% | 11/30/2023 |
3.08 | El Cajon (CVS) | 8/31/2022 | Starbucks Coffee | 1,500 | 5.0% | 2/28/2021 | Tony’s Barber & Beauty Salon | 1,020 | 3.4% | 8/31/2024 | Loving Care Nails & Spa | 700 | 2.3% | 1/30/2022 |
3.09 | Loma Vista | 9/30/2019 | La Michoacana Premium | 1,651 | 1.7% | 4/30/2028 | Tortilleria Flor de Mayo | 1,520 | 1.6% | MTM | McKenzie Check Advance | 1,520 | 1.6% | 1/31/2020 |
3.10 | MLK Medical | 9/30/2021 | Chase | 5,000 | 15.4% | 8/31/2020 | ||||||||
3.11 | Hawthorne Plaza | 10/31/2020 | ||||||||||||
3.12 | Five Points Plaza | 5/31/2029 | Wash & Clean | 3,000 | 3.4% | MTM | Econo Lube & Tune/ John Huckabaa | 2,475 | 2.8% | 2/28/2020 | Dollar Store | 2,275 | 2.5% | MTM |
3.13 | Towne Center Square | 7/31/2026 | Party City | 13,584 | 23.6% | 1/1/2024 | ||||||||
3.14 | Camarillo | 12/31/2024 | PizzaRev | 2,300 | 22.3% | 11/3/2019 | Pick Up Stix | 1,864 | 18.1% | 11/19/2024 | Yogurtland | 1,160 | 11.2% | 12/7/2019 |
4 | Embassy Suites at Centennial Olympic Park | |||||||||||||
5 | Capital Plaza | 4/30/2027 | Allegis Group | 67,114 | 16.1% | 5/31/2023 | Genpact | 42,687 | 10.2% | 11/30/2022 | Tote Maritime | 37,398 | 9.0% | 01/31/2030 |
6 | Inland Life Storage Portfolio | |||||||||||||
6.01 | Life Storage - 586 | |||||||||||||
6.02 | Life Storage - 145 | |||||||||||||
6.03 | Life Storage - 364 | |||||||||||||
6.04 | Life Storage - 365 | |||||||||||||
6.05 | Life Storage - 212 | |||||||||||||
6.06 | Life Storage - 386 | |||||||||||||
6.07 | Life Storage - 256 | |||||||||||||
6.08 | Life Storage - 206 | |||||||||||||
6.09 | Life Storage - 324 | |||||||||||||
6.10 | Life Storage - 236 | |||||||||||||
6.11 | Life Storage - 184 | |||||||||||||
6.12 | Life Storage - 500 | |||||||||||||
6.13 | Life Storage - 288 | |||||||||||||
6.14 | Life Storage - 299 | |||||||||||||
6.15 | Life Storage - 209 | |||||||||||||
6.16 | Life Storage - 035 | |||||||||||||
6.17 | Life Storage - 074 | |||||||||||||
6.18 | Life Storage - 252 | |||||||||||||
6.19 | Life Storage - 033 | |||||||||||||
6.20 | Life Storage - 205 | |||||||||||||
6.21 | Life Storage - 300 | |||||||||||||
6.22 | Life Storage - 026 | |||||||||||||
6.23 | Life Storage - 361 | |||||||||||||
6.24 | Life Storage - 165 | |||||||||||||
6.25 | Life Storage - 208 | |||||||||||||
6.26 | Life Storage - 211 | |||||||||||||
6.27 | Life Storage - 021 | |||||||||||||
6.28 | Life Storage - 298 | |||||||||||||
6.29 | Life Storage - 297 | |||||||||||||
6.30 | Life Storage - 153 | |||||||||||||
6.31 | Life Storage - 075 | |||||||||||||
6.32 | Life Storage - 152 | |||||||||||||
7 | Olympia Medical Office | 7/31/2022 | A Ishaaya, MD | 8,629 | 9.5% | 11/30/2020 | APLA Health & Wellness | 7,688 | 8.5% | 5/31/2023 | Ludmila Bess, MD | 6,343 | 7.0% | 9/30/2022 |
8 | Sugar Creek Center | 3/31/2027 | Wholesome Sweeteners | 14,743 | 7.6% | 4/30/2024 | Comerica Bank | 9,681 | 5.0% | 9/30/2025 | Hydro Resources | 7,911 | 4.1% | 12/31/2025 |
9 | 3300 Renner | 8/31/2029 | ||||||||||||
10 | Mahwah Business Park | 11/30/2026 | Industrial Crating | 33,746 | 8.9% | 9/30/2026 | MSN Services | 29,475 | 7.7% | 4/30/2023 | Paulist Press | 18,600 | 4.9% | 6/30/2021 |
11 | Sequa Corporation Industrial Portfolio | |||||||||||||
11.01 | 3401 Queen Palm Drive - Tampa | |||||||||||||
11.02 | 3636 Arrowhead Drive - Carson City | |||||||||||||
11.03 | 601 Marshall Phelps Road - Windsor | |||||||||||||
11.04 | 5161 West Polk Street - Phoenix | |||||||||||||
11.05 | 420 Commerce Boulevard - Oldsmar | |||||||||||||
12 | Grand Traverse Crossing | 10/31/2021 | HomeGoods | 23,570 | 9.5% | 6/30/2029 | PetSmart | 22,365 | 9.0% | 1/31/2023 | Books-A-Million | 20,076 | 8.1% | 6/15/2027 |
13 | Lenox Park | 9/30/2028 | IMC Companies, LLC | 31,921 | 8.2% | 8/31/2021 | Graphic Packaging | 27,456 | 7.0% | 1/31/2022 | Pickering, Inc. | 25,767 | 6.6% | 6/30/2020 |
14 | DCB Industrial Portfolio | |||||||||||||
14.01 | DCB Savannah, GA | |||||||||||||
14.02 | DCB Visalia, CA | |||||||||||||
14.03 | DCB Bremen, GA | |||||||||||||
14.04 | DCB Bondurant, IA | |||||||||||||
14.05 | DCB Mitchellville, IA 2 | |||||||||||||
14.06 | DCB Mitchellville, IA 1 | |||||||||||||
15 | Renaissance Center VI | |||||||||||||
16 | Triyar Portfolio III | |||||||||||||
16.01 | Greenville | |||||||||||||
16.02 | Rantoul | |||||||||||||
16.03 | Wichita | |||||||||||||
16.04 | Richland | |||||||||||||
17 | Hi-25 | |||||||||||||
18 | 188 Spear Street | 7/1/2027 | JP Morgan Chase | 3,439 | 1.6% | 11/1/2023 | Lee’s Deli | 3,286 | 1.5% | 4/1/2023 | SF Florist, Inc. | 3,083 | 1.4% | 9/1/2022 |
19 | El Con Center | 6/30/2024 | Burlington Coat Factory | 65,000 | 13.5% | 4/30/2020 | Ross Dress For Less | 30,186 | 6.3% | 1/31/2023 | Marshall’s | 25,000 | 5.2% | 8/31/2025 |
20 | The Beacon | 12/1/2029 | Kickstart Martial Arts | 4,000 | 5.3% | 10/1/2028 | Hotto Hotto | 3,614 | 4.8% | 6/30/2029 | Third Street | 3,411 | 4.5% | 5/1/2023 |
21 | Mount Kemble | 8/31/2024 | TenFour | 22,543 | 9.8% | 2/28/2023 | Artech | 17,457 | 7.6% | 6/30/2025 | NFP | 16,970 | 7.4% | 6/30/2030 |
22 | Bloomfield Square Apartments | |||||||||||||
23 | Lehigh Student Housing Portfolio | |||||||||||||
24 | TownePlace Suites Sacramento Cal Expo | |||||||||||||
25 | Shetland Park | 6/30/2032 | Comm. Of MA - Registry of Deeds | 39,093 | 3.3% | 3/27/2020 | GTAT Corporation | 37,408 | 3.1% | 5/31/2021 | Lahey Health Behavioral SVCS. | 27,760 | 2.3% | 11/31/2027 |
26 | Best Western Colorado Springs Portfolio | |||||||||||||
26.01 | Best Western Plus Peak Vista | |||||||||||||
26.02 | Best Western Executive Inn & Suites | |||||||||||||
27 | Smoke Tree Village and Smoke Tree Commons | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various |
27.01 | Smoke Tree Commons | 8/31/2023 | Michael’s | 21,630 | 12.6% | 5/31/2021 | Cost Plus | 18,300 | 10.7% | 1/31/2021 | Walgreens | 14,820 | 8.6% | 5/1/2073 |
27.02 | Smoke Tree Village | MTM | Pho 533 | 3,343 | 3.0% | 7/31/2021 | U.S. Post Office | 3,000 | 2.7% | 8/31/2020 | Giuseppe’s Pizza & Pasta | 2,602 | 2.4% | 4/30/2021 |
28 | South Grove Shopping Center | 5/30/2023 | Pet Supplies Plus | 9,840 | 11.1% | 11/30/2021 | Gondolier | 4,500 | 5.1% | 5/31/2024 | Little Tokyo | 3,700 | 4.2% | 9/30/2024 |
29 | Hampton Inn Sneads Ferry | |||||||||||||
30 | Del Mar Terrace Apartments | |||||||||||||
31 | Central Park Plaza | 12/31/2025 | Puzio Law | 5,500 | 4.8% | 6/30/2023 | Heartland Home Care, LLC | 5,307 | 4.6% | 1/31/2027 | Elite School Management, LLC | 4,843 | 4.2% | 7/31/2026 |
32 | Cedar Crest | 2/29/2028 | Planet Fitness | 24,197 | 16.1% | 7/31/2029 | Cumberland Pediadtric | 11,852 | 7.9% | 8/31/2027 | Dollar General | 7,520 | 5.0% | 3/31/2020 |
33 | 1305 Tacoma | 12/31/2021 | Department of Health Services | 24,676 | 21.7% | 9/30/2029 | Department of Corrections | 8,290 | 7.3% | 7/31/2023 | Genoa | 430 | 0.4% | 7/31/2020 |
34 | 54 Mint | 6/30/2020 | AGENT IQ, Inc. | 3,010 | 17.4% | 5/31/2020 | Bamboo Technologies, Inc. | 3,004 | 17.4% | 11/30/2020 | NRG Energy Center SF | 2,909 | 16.9% | 4/30/2020 |
35 | Cordelia Road | 2/29/2020 | Battistella | 13,200 | 13.2% | 2/28/2021 | Gruma Corp | 7,236 | 7.3% | 5/31/2021 | Pride Industries | 7,152 | 7.2% | 5/31/2022 |
36 | 40 East Verdugo | |||||||||||||
37 | Sunrise Lake | 12/1/2025 | M&S Logistics | 6,269 | 8.4% | 7/31/2025 | Gulf Coast Regional Blood Center | 4,446 | 6.0% | 6/1/2024 | Lymphedema Institute | 3,590 | 4.8% | 5/1/2022 |
38 | Sonoma Point Apartments - CA | |||||||||||||
39 | Best Western Plus Madison/Huntsville | |||||||||||||
40 | East River Plaza | 3/31/2026 | The Shoe Dept. | 7,527 | 11.1% | 11/30/2021 | MedExpress | 5,911 | 8.7% | 11/30/2020 | The Cato Corp. | 4,080 | 6.0% | 1/31/2021 |
41 | Fort Evans Plaza Office Buildings | 9/30/2021 | Progressive Casualty Insur.Co. | 4,185 | 7.0% | 10/31/2022 | Vesta Settlements, LLC | 3,074 | 5.1% | 9/30/2021 | Vita Family Medicine & MedSpa, LLC | 2,951 | 4.9% | 3/31/2027 |
42 | 33rd & 23rd Retail Center | 12/31/2028 | FFG Soda Shop Stores, LLC | 483 | 1.1% | 1/25/2025 | Java Jo’s, LLC | 460 | 1.0% | 4/30/2034 | ||||
43 | CubeSmart -Leesburg | |||||||||||||
44 | 810 Lufkin Road | 4/30/2020 | Donley’s Concrete Group, LLC | 38,000 | 25.2% | 11/30/2028 | ||||||||
45 | Plaza 273 | 6/30/2024 | Kirk & Associates, LLC | 7,560 | 9.8% | 03/31/2024 | Century Engineering, Inc. | 5,901 | 7.7% | 9/30/2022 | Cogency Global, Inc. | 5,118 | 6.7% | 10/31/2022 |
46 | Orangethorpe Center | 3/31/2021 | School Ten, Inc. | 3,320 | 5.3% | 1/31/2021 | Superior Smog & Repair | 3,300 | 5.3% | 5/31/2020 | Danielewski Construction & James J. Donnelly | 2,440 | 3.9% | 6/30/2020 |
47 | Courtyard Columbus Dublin | |||||||||||||
48 | 67 Forest Street | 5/31/2025 | Acuta, LLC | 1,721 | 2.7% | 4/30/2020 | Pierbridge, Inc - WiseTech Global Group | 1,672 | 2.7% | 5/31/2021 | RealPlay, LLC | 1,515 | 2.4% | 10/31/2019 |
49 | Lofts at Ionia | |||||||||||||
50 | Gray Falls Drive Office | 11/30/2023 | Dynamic Engineers Corporation | 5,210 | 6.1% | 06/30/2020 | LandPark Commercial, LLC | 4,613 | 5.4% | 10/31/2021 | Absolute Body Fitness & Rehabilitation | 4,570 | 5.4% | 11/13/2024 |
51 | Holiday Inn Express Shelbyville | |||||||||||||
52 | Neighborhood Shoppes at Polaris | 5/31/2020 | Claudiana | 4,100 | 12.1% | 9/30/2021 | Sunny Street Café | 3,355 | 9.9% | 5/8/2027 | Average Joe’s | 3,300 | 9.7% | 5/31/2023 |
53 | Jefferson Storage | |||||||||||||
54 | Larkfield Self Storage | |||||||||||||
55 | Red Roof Inn & Suites - Savannah | |||||||||||||
56 | Walgreens Elkton | |||||||||||||
57 | Superior Storage Cheyenne | |||||||||||||
58 | Best Western Shippensburg | |||||||||||||
59 | County Fair Market Place | 12/31/2026 | Pizza Ranch | 6,000 | 10.6% | 7/31/2037 | ||||||||
60 | Cintas Rochester | |||||||||||||
61 | Peckville Shopping Center | 12/31/2022 | Wine & Spirts | 4,620 | 7.4% | 2/29/2020 | Kabuki Restaurant | 4,060 | 6.5% | 9/30/2022 | Northeast Eye Institute | 4,050 | 6.5% | 9/30/2021 |
62 | Icon I & II | |||||||||||||
62.01 | Icon II | |||||||||||||
62.02 | Icon I | |||||||||||||
63 | Walgreens Spartanburg | |||||||||||||
64 | 707-715 East 47th Street | 4/30/2027 | ||||||||||||
65 | 14218 and 14292 US Highway 395 | 9/30/2027 | ||||||||||||
66 | Villa Rica Self Storage | |||||||||||||
67 | Dollar General Houghton Lake |
A-1-7
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | 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 | 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 |
1 | Moffett Towers II - Buildings 3 & 4 | 5/9/2019 | 5/13/2019 | 5/9/2019 | 3.0% | N | Y | Refinance | 0 | 525,523 | 87,587 | Cash | 0 | Springing | ||||
2 | University Town Center | 5/6/2019 | 5/6/2019 | N | Y | Acquisition | 20,250 | 397,688 | 47,344; Springing | Cash | 0 | Springing | ||||||
3 | SoCal Retail Portfolio | Various | Various | Various | Various | N | Y | Refinance | 0 | 680,770 | 226,923 | Cash | 0 | Springing | ||||
3.01 | The Springs | 3/7/2019 | 3/27/2019 | 3/7/2019 | 14.0% | N | Y | |||||||||||
3.02 | Summerwood | 3/6/2019 | 3/8/2019 | 3/5/2019 | 13.0% | N | Y | |||||||||||
3.03 | Food 4 Less – Target Center | 3/6/2019 | 3/25/2019 | 3/5/2019 | 14.0% | N | Y | |||||||||||
3.04 | El Super Center | 3/6/2019 | 3/6/2019 | 3/6/2019 | 12.0% | N | Y | |||||||||||
3.05 | Island Plaza | 3/6/2019 | 3/6/2019 | 3/6/2019 | 14.0% | N | Y | |||||||||||
3.06 | Baldwin Park Promenade | 3/6/2019 | 3/6/2019 | 3/6/2019 | 11.0% | N | Y | |||||||||||
3.07 | Lynwood Plaza | 3/6/2019 | 3/7/2019 | 3/5/2019 | 15.0% | N | Y | |||||||||||
3.08 | El Cajon (CVS) | 3/8/2019 | 3/11/2019 | 3/8/2019 | 13.0% | N | Y | |||||||||||
3.09 | Loma Vista | 3/8/2019 | 3/12/2019 | 3/6/2019 | 16.0% | N | Y | |||||||||||
3.10 | MLK Medical | 3/6/2019 | 3/5/2019 | 3/7/2019 | 15.0% | N | Y | |||||||||||
3.11 | Hawthorne Plaza | 3/6/2019 | 4/3/2019 | 3/5/2019 | 14.0% | N | Y | |||||||||||
3.12 | Five Points Plaza | 3/14/2019 | 3/8/2019 | 3/6/2019 | 17.0% | N | Y | |||||||||||
3.13 | Towne Center Square | 3/6/2019 | 3/7/2019 | 3/6/2019 | 14.0% | N | Y | |||||||||||
3.14 | Camarillo | 3/8/2019 | 3/6/2019 | 3/6/2019 | 11.0% | N | Y | |||||||||||
4 | Embassy Suites at Centennial Olympic Park | 5/17/2019 | 5/17/2019 | N | Y | Refinance | 0 | 275,906 | 68,977 | Cash | 38,455 | 12,818 | Cash | |||||
5 | Capital Plaza | 4/15/2019 | 4/16/2019 | N | Y | Acquisition | 3,750 | 425,302 | 47,256 | Cash | 19,980 | 9,990 | Cash | |||||
6 | Inland Life Storage Portfolio | Various | Various | N | Y | Acquisition | 0 | 0 | Springing | 0 | Springing | |||||||
6.01 | Life Storage - 586 | 6/13/2019 | 3/26/2019 | N | Y | |||||||||||||
6.02 | Life Storage - 145 | 6/14/2019 | 3/26/2019 | N | Y | |||||||||||||
6.03 | Life Storage - 364 | 6/12/2019 | 3/25/2019 | N | Y | |||||||||||||
6.04 | Life Storage - 365 | 6/13/2019 | 3/22/2019 | N | Y | |||||||||||||
6.05 | Life Storage - 212 | 6/17/2019 | 3/26/2019 | N | Y | |||||||||||||
6.06 | Life Storage - 386 | 6/17/2019 | 3/26/2019 | N | Y | |||||||||||||
6.07 | Life Storage - 256 | 6/17/2019 | 3/25/2019 | N | Y | |||||||||||||
6.08 | Life Storage - 206 | 6/17/2019 | 3/26/2019 | N | Y | |||||||||||||
6.09 | Life Storage - 324 | 6/17/2019 | 3/28/2019 | N | Y | |||||||||||||
6.10 | Life Storage - 236 | 6/17/2019 | 3/26/2019 | N | Y | |||||||||||||
6.11 | Life Storage - 184 | 6/13/2019 | 3/22/2019 | N | Y | |||||||||||||
6.12 | Life Storage - 500 | 6/17/2019 | 3/26/2019 | N | Y | |||||||||||||
6.13 | Life Storage - 288 | 6/17/2019 | 3/25/2019 | N | Y | |||||||||||||
6.14 | Life Storage - 299 | 6/17/2019 | 3/26/2019 | N | Y | |||||||||||||
6.15 | Life Storage - 209 | 6/17/2019 | 3/26/2019 | N | Y | |||||||||||||
6.16 | Life Storage - 035 | 6/17/2019 | 3/26/2019 | N | Y | |||||||||||||
6.17 | Life Storage - 074 | 6/14/2019 | 3/22/2019 | N | Y | |||||||||||||
6.18 | Life Storage - 252 | 6/14/2019 | 3/26/2019 | N | Y | |||||||||||||
6.19 | Life Storage - 033 | 6/17/2019 | 3/26/2019 | N | Y | |||||||||||||
6.20 | Life Storage - 205 | 6/13/2019 | 3/28/2019 | N | Y | |||||||||||||
6.21 | Life Storage - 300 | 6/17/2019 | 3/26/2019 | N | Y | |||||||||||||
6.22 | Life Storage - 026 | 6/17/2019 | 3/26/2019 | N | Y | |||||||||||||
6.23 | Life Storage - 361 | 6/17/2019 | 3/25/2019 | N | Y | |||||||||||||
6.24 | Life Storage - 165 | 6/17/2019 | 3/28/2019 | N | Y | |||||||||||||
6.25 | Life Storage - 208 | 6/17/2019 | 3/26/2019 | N | Y | |||||||||||||
6.26 | Life Storage - 211 | 6/17/2019 | 3/28/2019 | N | Y | |||||||||||||
6.27 | Life Storage - 021 | 6/17/2019 | 3/25/2019 | N | Y | |||||||||||||
6.28 | Life Storage - 298 | 6/17/2019 | 3/26/2019 | N | Y | |||||||||||||
6.29 | Life Storage - 297 | 6/17/2019 | 3/26/2019 | N | Y | |||||||||||||
6.30 | Life Storage - 153 | 6/17/2019 | 3/26/2019 | N | Y | |||||||||||||
6.31 | Life Storage - 075 | 6/13/2019 | 3/25/2019 | N | Y | |||||||||||||
6.32 | Life Storage - 152 | 6/17/2019 | 3/26/2019 | N | Y | |||||||||||||
7 | Olympia Medical Office | 5/17/2019 | 5/17/2019 | 5/24/2019 | Medical Office Building: 15%; Parking Structure: 12% | N | Y | Refinance | 0 | 91,676 | 22,919 | Cash | 0 | Springing | ||||
8 | Sugar Creek Center | 4/26/2019 | 4/26/2019 | N | Y | Acquisition | 138,750 | 321,072 | 50,964 | Cash | 20,734 | 19,747 | Cash | |||||
9 | 3300 Renner | 5/1/2019 | 5/1/2019 | N | Y | Acquisition | 0 | 0 | Springing | 0 | Springing | |||||||
10 | Mahwah Business Park | 6/20/2019 | 6/20/2019 | N | Y | Refinance | 18,750 | 76,165 | 30,466 | Cash | 37,565 | 12,522 | Cash | |||||
11 | Sequa Corporation Industrial Portfolio | Various | Various | Various | Various | N | Y | Acquisition | 0 | 0 | Springing | 0 | Springing | |||||
11.01 | 3401 Queen Palm Drive - Tampa | 4/26/2018 | 4/13/2018 | N | Y | |||||||||||||
11.02 | 3636 Arrowhead Drive - Carson City | 5/1/2018 | 4/13/2018 | 6/28/2018 | 19.0% | N | Y | |||||||||||
11.03 | 601 Marshall Phelps Road - Windsor | 11/14/2018 | 11/12/2018 | N | Y | |||||||||||||
11.04 | 5161 West Polk Street - Phoenix | 4/21/2018 | 4/13/2018 | N | Y | |||||||||||||
11.05 | 420 Commerce Boulevard - Oldsmar | 4/26/2018 | 4/17/2018 | N | Y | |||||||||||||
12 | Grand Traverse Crossing | 4/24/2019 | 4/24/2019 | N | Y | Refinance | 140,156 | 189,485 | 23,686 | Cash | 40,096 | 3,341 | Cash | |||||
13 | Lenox Park | 5/10/2019 | 5/9/2019 | N | Y | Acquisition | 0 | 115,511 | 57,756 | Cash | 0 | Springing | Cash | |||||
14 | DCB Industrial Portfolio | Various | Various | Various | Various | N | Y | Acquisition | 0 | 0 | Springing | 0 | Springing | |||||
14.01 | DCB Savannah, GA | 5/31/2019 | 6/4/2019 | N | Y | |||||||||||||
14.02 | DCB Visalia, CA | 6/5/2019 | 6/6/2019 | 5/31/2019 | 3.0% | N | Y | |||||||||||
14.03 | DCB Bremen, GA | 6/6/2019 | 6/6/2019 | N | Y | |||||||||||||
14.04 | DCB Bondurant, IA | 6/13/2019 | 6/14/2019 | N | Y | |||||||||||||
14.05 | DCB Mitchellville, IA 2 | 6/12/2019 | 6/13/2019 | N | Y | |||||||||||||
14.06 | DCB Mitchellville, IA 1 | 6/13/2019 | 6/14/2019 | N | Y | |||||||||||||
15 | Renaissance Center VI | 6/28/2019 | 6/14/2019 | N | Y | Recapitalization | 12,500 | 433,336 | 39,394 | Cash | 70,956 | 6,451 | Cash | |||||
16 | Triyar Portfolio III | Various | Various | N | Y | Acquisition | 106,140 | 166,447 | 23,778 | Cash | 69,440 | 17,360 | Cash | |||||
16.01 | Greenville | 5/8/2019 | 5/8/2019 | N | Y | |||||||||||||
16.02 | Rantoul | 5/8/2019 | 5/10/2019 | N | Y | |||||||||||||
16.03 | Wichita | 3/1/2019 | 5/13/2019 | N | Y | |||||||||||||
16.04 | Richland | 5/8/2019 | 5/8/2019 | N | Y | |||||||||||||
17 | Hi-25 | 12/4/2018 | 11/28/2018 | N | Y | Refinance | 0 | 4,702 | 784 | Cash | 17,417 | 2,177 | Cash | |||||
18 | 188 Spear Street | 5/7/2019 | 5/6/2019 | 5/6/2019 | 16.0% | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | |||||
19 | El Con Center | 3/22/2019 | 3/22/2019 | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | |||||||
20 | The Beacon | 5/31/2019 | 6/4/2019 | N | Y | Refinance | 0 | 61,154 | 5,559 | Cash | 27,125 | 2,087 | Cash | |||||
21 | Mount Kemble | 7/8/2019 | 6/5/2019 | N | Y | Refinance | 420,000 | 134,253 | 44,751 | Cash | 20,712 | 3,452 | Cash | |||||
22 | Bloomfield Square Apartments | 4/23/2019 | 4/23/2019 | N | Y | Acquisition | 0 | 22,580 | 22,580 | Cash | 56,838 | 4,737 | Cash | |||||
23 | Lehigh Student Housing Portfolio | Various | Various | N | Y | Acquisition | 30,912 | 84,316 | 10,540 | Cash | 11,880 | 3,960 | Cash | |||||
24 | TownePlace Suites Sacramento Cal Expo | 7/1/2019 | 7/1/2019 | 7/1/2019 | 2.0% | N | Y | Refinance | 1,563 | 50,657 | 12,061 | Cash | 21,240 | 2,023 | Cash | |||
25 | Shetland Park | 4/10/2019; 4/11/2019; 4/16/2019 | 4/10/2019; 4/15/2019 | 1/9/2019; 2/8/2019 | N | Y | Acquisition | 108,875 | 255,812 | 81,210 | Cash | 80,533 | 38,349 | Cash | ||||
26 | Best Western Colorado Springs Portfolio | 4/11/2019 | 4/11/2019 | N | Y | Acquisition | 16,140 | 25,931 | 8,644 | Cash | 13,429 | 6,715 | Cash | |||||
26.01 | Best Western Plus Peak Vista | 4/11/2019 | 4/11/2019 | N | Y | |||||||||||||
26.02 | Best Western Executive Inn & Suites | 4/11/2019 | 4/11/2019 | N | Y | |||||||||||||
27 | Smoke Tree Village and Smoke Tree Commons | 4/30/2019 | Various | 5/1/2019 | Various | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | |||||
27.01 | Smoke Tree Commons | 4/30/2019 | 4/25/2019 | 5/1/2019 | 12.0% | N | Y | |||||||||||
27.02 | Smoke Tree Village | 4/30/2019 | 4/30/2019 | 5/1/2019 | 15.0% | N | Y | |||||||||||
28 | South Grove Shopping Center | 6/20/2019 | 6/21/2019 | N | Y | Refinance | 8,638 | 79,668 | 13,278 | Cash | 9,474 | 1,184 | Cash | |||||
29 | Hampton Inn Sneads Ferry | 4/29/2019 | 5/9/2019 | N | Y | Refinance | 0 | 23,198 | 3,156 | Cash | 22,902 | 5,453 | Cash | |||||
30 | Del Mar Terrace Apartments | 6/19/2019 | 6/17/2019 | N | Y | Refinance | 0 | 213,501 | 53,375 | Cash | 55,451 | 10,082 | Cash | |||||
31 | Central Park Plaza | 5/30/2019 | 5/29/2019 | N | Y | Refinance | 0 | 15,789 | 15,789 | Cash | 27,816 | 2,318 | Cash | |||||
32 | Cedar Crest | 5/14/2019 | 5/9/2019 | N | Y | Refinance | 0 | 57,119 | 8,160 | Cash | 8,007 | 2,002 | Cash | |||||
33 | 1305 Tacoma | 12/10/2018 | 12/10/2018 | 2/15/2019 | 12/10/2018 | 1035 S Tacoma Avenue: 11%; Parking Structure: 15% | N | Y | Acquisition | 0 | 12,897 | 12,897 | Cash | 5,286 | 2,643 | Cash | ||
34 | 54 Mint | 4/23/2019 | 4/23/2019 | 4/23/2019 | 18.0% | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | |||||
35 | Cordelia Road | 4/24/2019 | 4/24/2019 | 4/24/2019 | 18.0% | N | Y | Refinance | 0 | 33,213 | 11,071 | Cash | 0 | Springing | ||||
36 | 40 East Verdugo | 5/24/2019 | 5/24/2019 | 5/24/2019 | 15.0% | N | Y | Refinance | 0 | 44,451 | 6,350 | Cash | 22,909 | 2,083 | Cash | |||
37 | Sunrise Lake | 6/6/2019 | 6/3/2019 | N | Y | Acquisition | 0 | 130,331 | 16,291 | Cash | 15,678 | 3,919 | Cash | |||||
38 | Sonoma Point Apartments - CA | 4/18/2019 | 4/23/2019 | 4/18/2019 | 16.0% | N | Y | Refinance | 47,625 | 39,027 | 13,009 | Cash | 0 | Springing | ||||
39 | Best Western Plus Madison/Huntsville | 7/2/2019 | 7/2/2019 | N | Y | Refinance | 0 | 45,601 | 5,067 | Cash | 47,772 | 3,981 | Cash | |||||
40 | East River Plaza | 6/18/2019 | 6/18/2019 | N | Y | Refinance | 0 | 35,066 | 7,267 | Cash | 0 | Springing | ||||||
41 | Fort Evans Plaza Office Buildings | 6/10/2019 | 6/6/2019 | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | |||||||
42 | 33rd & 23rd Retail Center | 5/30/2019 | 5/29/2019 | 5/29/2019 | 7.0% | N | Y | Refinance | 0 | 46,332 | 5,148 | Cash | 0 | Springing | ||||
43 | CubeSmart -Leesburg | 6/10/2019 | 6/6/2019 | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | |||||||
44 | 810 Lufkin Road | 4/17/2019 | 4/22/2019 | N | Y | Acquisition | 0 | 18,178 | 1,653 | Cash | 3,225 | 1,613 | Cash | |||||
45 | Plaza 273 | 6/25/2019 | 6/6/2019 | N | Y | Refinance | 280,813 | 25,284 | 8,428 | Cash | 0 | Springing | ||||||
46 | Orangethorpe Center | 5/13/2019 | 5/10/2019 | 5/13/2019 | 18.0% | N | Y | Acquisition | 171,469 | 34,152 | 8,131 | Cash | 2,758 | 1,313 | Cash | |||
47 | Courtyard Columbus Dublin | 5/28/2019 | 5/28/2019 | N | Y | Acquisition | 16,550 | 72,996 | 34,760 | Cash | 9,421 | 2,243 | Cash | |||||
48 | 67 Forest Street | 5/13/2019 | 5/15/2019 | N | Y | Refinance | 68,129 | 44,193 | 11,048 | Cash | 3,378 | 676 | Cash | |||||
49 | Lofts at Ionia | 6/19/2019 | 6/21/2019 | N | Y | Refinance | 113,474 | 26,558 | 6,853 | Cash | 6,626 | 736 | Cash | |||||
50 | Gray Falls Drive Office | 5/23/2019 | 5/22/2019 | N | Y | Refinance | 0 | 86,051 | 12,293 | Cash | 10,566 | 3,522 | Cash | |||||
51 | Holiday Inn Express Shelbyville | 6/4/2019 | 6/6/2019 | N | Y | Refinance | 0 | 43,057 | 10,764 | Cash | 9,483 | 3,161 | Cash | |||||
52 | Neighborhood Shoppes at Polaris | 5/1/2019 | 5/15/2019 | N | Y | Refinance | 0 | 23,862 | 11,363 | Cash | 24,496 | Springing | Cash | |||||
53 | Jefferson Storage | 6/6/2019 | 6/7/2019 | N | Y | Refinance | 5,000 | 6,031 | 1,508 | Cash | 4,348 | 870 | Cash | |||||
54 | Larkfield Self Storage | 1/23/2019 | 1/23/2019 | 7.0% | N | Y | Refinance | 0 | 14,268 | 3,567 | Cash | 10,755 | 1,195 | Cash | ||||
55 | Red Roof Inn & Suites - Savannah | 4/15/2019 | 4/16/2019 | N | Y | Refinance | 0 | 12,827 | 4,276 | Cash | 12,434 | 4,145 | Cash | |||||
56 | Walgreens Elkton | 7/8/2019 | 7/5/2019 | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | |||||||
57 | Superior Storage Cheyenne | 4/15/2019 | 4/3/2019 | N | Y | Acquisition | 0 | 6,449 | 2,150 | Cash | 4,533 | 567 | Cash | |||||
58 | Best Western Shippensburg | 4/3/2019 | 4/3/2019 | N | Y | Refinance | 0 | 18,329 | 3,491 | Cash | 12,272 | 1,670 | Cash | |||||
59 | County Fair Market Place | 5/30/2019 | 5/30/2019 | N | Y | Acquisition | 0 | 60,070 | 12,014 | Cash | 1,796 | 898 | Cash | |||||
60 | Cintas Rochester | 4/18/2019 | 4/18/2019 | N | Y | Acquisition | 0 | 0 | Springing | 0 | Springing | |||||||
61 | Peckville Shopping Center | 4/5/2019 | 4/9/2019 | N | Y | Acquisition | 0 | 30,617 | 7,654 | Cash | 11,404 | 2,281 | Cash | |||||
62 | Icon I & II | 7/3/2019 | 7/2/2019 | 7/2/2019 | 7.0% | N | Y | Refinance | 0 | 33,860 | 4,233 | Cash | 3,442 | 344 | Cash | |||
62.01 | Icon II | 7/3/2019 | 7/2/2019 | 7/2/2019 | 7.0% | N | Y | |||||||||||
62.02 | Icon I | 7/3/2019 | 7/2/2019 | 7/2/2019 | 7.0% | N | Y | |||||||||||
63 | Walgreens Spartanburg | 7/9/2019 | 7/11/2019 | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | |||||||
64 | 707-715 East 47th Street | 6/24/2019 | 6/24/2019 | N | Y | Acquisition | 3,313 | 0 | 9,668 | Cash | 789 | 789 | Cash | |||||
65 | 14218 and 14292 US Highway 395 | 5/6/2019 | 5/3/2019 | 5/6/2019 | 6.0% | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | |||||
66 | Villa Rica Self Storage | 5/6/2019 | 5/6/2019 | N | Y | Recapitalization | 22,156 | 6,063 | 722 | Cash | 2,727 | 371 | Cash | |||||
67 | Dollar General Houghton Lake | 1/21/2019 | 1/22/2019 | N | Y | Acquisition | 20,000 | 4,000 | 333 | Cash | 0 | Springing |
A-1-8
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Upfront Replacement Reserve ($) | Monthly Replacement Reserve ($)(12) | Replacement Reserve Cap ($) | Replacement Reserve Escrow - Cash or LoC | Replacement Reserve Escrow - LoC Counterparty | Upfront TI/LC Reserve ($)(13) | Monthly TI/LC Reserve ($)(12) | TI/LC Reserve Cap ($) | TI/LC Escrow - Cash or LoC | TI/LC Escrow - LoC Counterparty | Debt Service Escrow (Initial) ($) | Debt Service Escrow (Monthly) ($) | Debt Service Escrow - Cash or LoC | Debt Service Escrow - LoC Counterparty | Other Escrow I Reserve Description(12) |
1 | Moffett Towers II - Buildings 3 & 4 | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | Outstanding TI/LC and Free Rent Reserve | ||||||
2 | University Town Center | 0 | 4,361 | 0 | Cash | 1,500,000 | 21,805 | 1,500,000 | Cash | 0 | 0 | |||||
3 | SoCal Retail Portfolio | 0 | 24,687 | 592,492 | Cash | 3,000,000 | Springing | 3,000,000 | Cash | 0 | 0 | Outstanding Free Rent Reserve | ||||
3.01 | The Springs | |||||||||||||||
3.02 | Summerwood | |||||||||||||||
3.03 | Food 4 Less – Target Center | |||||||||||||||
3.04 | El Super Center | |||||||||||||||
3.05 | Island Plaza | |||||||||||||||
3.06 | Baldwin Park Promenade | |||||||||||||||
3.07 | Lynwood Plaza | |||||||||||||||
3.08 | El Cajon (CVS) | |||||||||||||||
3.09 | Loma Vista | |||||||||||||||
3.10 | MLK Medical | |||||||||||||||
3.11 | Hawthorne Plaza | |||||||||||||||
3.12 | Five Points Plaza | |||||||||||||||
3.13 | Towne Center Square | |||||||||||||||
3.14 | Camarillo | |||||||||||||||
4 | Embassy Suites at Centennial Olympic Park | 0 | 79,022 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | Rent Reserve | |||||
5 | Capital Plaza | 0 | 8,002 | 0 | Cash | 3,900,000 | 34,793 | 3,900,000 | Cash | 0 | 0 | Outstanding TI/LC and Free Rent Reserve | ||||
6 | Inland Life Storage Portfolio | 424,056 | 35,338 | 424,056 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||
6.01 | Life Storage - 586 | |||||||||||||||
6.02 | Life Storage - 145 | |||||||||||||||
6.03 | Life Storage - 364 | |||||||||||||||
6.04 | Life Storage - 365 | |||||||||||||||
6.05 | Life Storage - 212 | |||||||||||||||
6.06 | Life Storage - 386 | |||||||||||||||
6.07 | Life Storage - 256 | |||||||||||||||
6.08 | Life Storage - 206 | |||||||||||||||
6.09 | Life Storage - 324 | |||||||||||||||
6.10 | Life Storage - 236 | |||||||||||||||
6.11 | Life Storage - 184 | |||||||||||||||
6.12 | Life Storage - 500 | |||||||||||||||
6.13 | Life Storage - 288 | |||||||||||||||
6.14 | Life Storage - 299 | |||||||||||||||
6.15 | Life Storage - 209 | |||||||||||||||
6.16 | Life Storage - 035 | |||||||||||||||
6.17 | Life Storage - 074 | |||||||||||||||
6.18 | Life Storage - 252 | |||||||||||||||
6.19 | Life Storage - 033 | |||||||||||||||
6.20 | Life Storage - 205 | |||||||||||||||
6.21 | Life Storage - 300 | |||||||||||||||
6.22 | Life Storage - 026 | |||||||||||||||
6.23 | Life Storage - 361 | |||||||||||||||
6.24 | Life Storage - 165 | |||||||||||||||
6.25 | Life Storage - 208 | |||||||||||||||
6.26 | Life Storage - 211 | |||||||||||||||
6.27 | Life Storage - 021 | |||||||||||||||
6.28 | Life Storage - 298 | |||||||||||||||
6.29 | Life Storage - 297 | |||||||||||||||
6.30 | Life Storage - 153 | |||||||||||||||
6.31 | Life Storage - 075 | |||||||||||||||
6.32 | Life Storage - 152 | |||||||||||||||
7 | Olympia Medical Office | 0 | 1,886 | 0 | Cash | 750,000 | 15,092 | 750,000 | Cash | 0 | 0 | Rent Concession Reserve | ||||
8 | Sugar Creek Center | 0 | 4,527 | 162,957 | Cash | 250,000 | 25,000 | 750,000 | Cash | 0 | 0 | Outstanding TI/LC Reserve | ||||
9 | 3300 Renner | 0 | 3,085 | 111,047 | Cash | 0 | Springing | 0 | 0 | 0 | Free Rent Reserve | |||||
10 | Mahwah Business Park | 0 | 6,339 | 0 | Cash | 785,000 | Springing | 785,000 | Cash | 0 | 0 | |||||
11 | Sequa Corporation Industrial Portfolio | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
11.01 | 3401 Queen Palm Drive - Tampa | |||||||||||||||
11.02 | 3636 Arrowhead Drive - Carson City | |||||||||||||||
11.03 | 601 Marshall Phelps Road - Windsor | |||||||||||||||
11.04 | 5161 West Polk Street - Phoenix | |||||||||||||||
11.05 | 420 Commerce Boulevard - Oldsmar | |||||||||||||||
12 | Grand Traverse Crossing | 0 | 1,717 | 0 | Cash | 100,000 | $23,881.28 until 12/6/2020; $13,498 thereafter | 550,000 | Cash | 0 | 0 | HomeGoods Lease Reserve | ||||
13 | Lenox Park | 250,000 | 8,152 | 0 | Cash | 1,500,000 | Springing | 1,500,000 | Cash | 0 | 0 | Free Rent Reserve | ||||
14 | DCB Industrial Portfolio | 0 | Springing | 0 | 0 | Springing | 0 | 0 | 0 | |||||||
14.01 | DCB Savannah, GA | |||||||||||||||
14.02 | DCB Visalia, CA | |||||||||||||||
14.03 | DCB Bremen, GA | |||||||||||||||
14.04 | DCB Bondurant, IA | |||||||||||||||
14.05 | DCB Mitchellville, IA 2 | |||||||||||||||
14.06 | DCB Mitchellville, IA 1 | |||||||||||||||
15 | Renaissance Center VI | 0 | Springing | 0 | 0 | Springing | 0 | 0 | 0 | Ground Lease Reserve | ||||||
16 | Triyar Portfolio III | 0 | 6,241 | 0 | Cash | 0 | 12,846 | 750,000 | Cash | 0 | 0 | Tenant Allowance ($500,000.00); Tenant Allowance Escrow ($170,000.00); Seller Credits ($350,000.00) | ||||
16.01 | Greenville | |||||||||||||||
16.02 | Rantoul | |||||||||||||||
16.03 | Wichita | |||||||||||||||
16.04 | Richland | |||||||||||||||
17 | Hi-25 | 0 | 1,021 | 0 | Cash | 53,375 | 0 | 0 | Cash | 0 | 0 | Shortfall Reserve Funds | ||||
18 | 188 Spear Street | 0 | Springing | 87,468 | 0 | Springing | 656,007 | 0 | 0 | Outstanding TI/LC Reserve | ||||||
19 | El Con Center | 0 | Springing | 0 | 0 | Springing | 1,200,958 | 0 | 0 | |||||||
20 | The Beacon | 0 | 948 | 0 | Cash | 614,848 | 5,377 | 0 | Cash | 0 | 0 | Holdback Reserve | ||||
21 | Mount Kemble | 0 | 3,829 | 0 | Cash | 1,000,000 | 28,715 | 1,500,000 | Cash | 0 | 0 | Unfunded Obligations Reserve | ||||
22 | Bloomfield Square Apartments | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | Property Improvement Reserve | ||||||
23 | Lehigh Student Housing Portfolio | 0 | 2,738 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | Radon Holdback | |||||
24 | TownePlace Suites Sacramento Cal Expo | 0 | 15,574 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||
25 | Shetland Park | 2,200,000 | 14,891 | 0 | Cash | 800,000 | 59,095 | 0 | Cash | 0 | 0 | Tenant Specific TI | ||||
26 | Best Western Colorado Springs Portfolio | 100,000 | 1/12th of 4.0% of EGI | 0 | Cash | 0 | 0 | 0 | 0 | 0 | Seasonality Reserve | |||||
26.01 | Best Western Plus Peak Vista | |||||||||||||||
26.02 | Best Western Executive Inn & Suites | |||||||||||||||
27 | Smoke Tree Village and Smoke Tree Commons | 0 | Springing | 0 | 0 | Springing | 703,088 | 0 | 0 | |||||||
27.01 | Smoke Tree Commons | |||||||||||||||
27.02 | Smoke Tree Village | |||||||||||||||
28 | South Grove Shopping Center | 0 | 1,113 | 0 | Cash | 115,000 | 3,709 | 0 | Cash | 0 | 0 | |||||
29 | Hampton Inn Sneads Ferry | 0 | 4,706 | 500,000 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||
30 | Del Mar Terrace Apartments | 0 | 21,083 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||
31 | Central Park Plaza | 0 | 1,921 | 100,000 | Cash | 0 | 8,334 | 400,000 | Cash | 0 | 0 | Outstandng TI/LC Reserve | ||||
32 | Cedar Crest | 0 | 1,874 | 0 | Cash | 0 | 6,247 | 250,000 | Cash | 0 | 0 | Big Lots Reserve | ||||
33 | 1305 Tacoma | 0 | 2,075 | 74,703 | Cash | 0 | 14,148 | 339,555 | Cash | 0 | 0 | Key Tenant Springing Reserve | ||||
34 | 54 Mint | 12,902 | 358 | 12,902 | Cash | 0 | 1,792 | 64,509 | Cash | 0 | 0 | |||||
35 | Cordelia Road | 0 | 831 | 19,944 | Cash | 0 | 4,156 | 99,744 | Cash | 0 | 0 | |||||
36 | 40 East Verdugo | 0 | 510 | 0 | Cash | 1,172,567 | 2,040 | 122,375 | Cash | 0 | 0 | |||||
37 | Sunrise Lake | 0 | 933 | 0 | Cash | 300,000 | Springing | 0 | Cash | 0 | 0 | Delinquent Rent Reserve | ||||
38 | Sonoma Point Apartments - CA | 0 | 1,458 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||
39 | Best Western Plus Madison/Huntsville | 771,330 | 16,279 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||
40 | East River Plaza | 266,060 | 0 | 0 | Cash | 100,000 | 4,248 | 203,895 | Cash | 0 | 0 | |||||
41 | Fort Evans Plaza Office Buildings | 0 | Springing | 0 | 0 | Springing | 0 | 0 | 0 | |||||||
42 | 33rd & 23rd Retail Center | 0 | 543 | 0 | Cash | 357,904 | 2,698 | 0 | Cash | 0 | 0 | Rent Concession Reserve | ||||
43 | CubeSmart -Leesburg | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
44 | 810 Lufkin Road | 0 | 2,514 | 0 | Cash | 170,000 | 1,257 | 0 | Cash | 0 | 0 | Free Rent Funds ($29,414.00); Escrow Funds ($975,000.00) | ||||
45 | Plaza 273 | 0 | 1,920 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | Bankers Life Leasing Reserve | |||||
46 | Orangethorpe Center | 0 | 780 | 0 | Cash | 0 | 3,640 | 0 | Cash | 0 | 0 | Free Rent Reserve | ||||
47 | Courtyard Columbus Dublin | 0 | 13,236 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | PIP Reserve | |||||
48 | 67 Forest Street | 25,044 | 1,044 | 25,044 | Cash | 94,000 | 2,609 | 94,000 | Cash | 0 | 0 | Outstandng TI/LC Reserve | ||||
49 | Lofts at Ionia | 0 | 871 | 0 | Cash | 0 | 1,471 | 0 | Cash | 0 | 0 | |||||
50 | Gray Falls Drive Office | 0 | 1,416 | 0 | Cash | 212,418 | 10,621 | 424,835 | Cash | 0 | 0 | Renovation Reserve | ||||
51 | Holiday Inn Express Shelbyville | 0 | 6,099 | 500,000 | Cash | 0 | 0 | 0 | 0 | 0 | PIP Reserve | |||||
52 | Neighborhood Shoppes at Polaris | 0 | 565 | 0 | Cash | 400,000 | 2,824 | 500,000 | Cash | 0 | 0 | |||||
53 | Jefferson Storage | 0 | 769 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||
54 | Larkfield Self Storage | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
55 | Red Roof Inn & Suites - Savannah | 100,000 | 5,665 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | PIP Reserve | |||||
56 | Walgreens Elkton | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
57 | Superior Storage Cheyenne | 0 | 1,246 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||
58 | Best Western Shippensburg | 0 | 4,076 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||
59 | County Fair Market Place | 0 | 471 | 0 | Cash | 0 | 1,650 | 0 | Cash | 0 | 0 | Payment Reserve | ||||
60 | Cintas Rochester | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | Roof Reserve | ||||||
61 | Peckville Shopping Center | 48,379 | 781 | 0 | Cash | 161,827 | 3,646 | 0 | Cash | 0 | 0 | |||||
62 | Icon I & II | 0 | 210 | 0 | Cash | 215,206 | 839 | 0 | Cash | 0 | 0 | Condominium Reserve ($3,449); Gap Rent ($36,000) | ||||
62.01 | Icon II | |||||||||||||||
62.02 | Icon I | |||||||||||||||
63 | Walgreens Spartanburg | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
64 | 707-715 East 47th Street | 0 | 274 | 0 | Cash | 0 | 1,826 | 0 | Cash | 0 | 0 | |||||
65 | 14218 and 14292 US Highway 395 | 0 | 75; Springing | 1,800 | Cash | 0 | 748 | 0 | Cash | 0 | 0 | Specified Tenant Reserve | ||||
66 | Villa Rica Self Storage | 0 | 425 | 15,288 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||
67 | Dollar General Houghton Lake | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
A-1-9
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Other Escrow I (Initial) ($)(4)(6)(12) | 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 | Moffett Towers II - Buildings 3 & 4 | 39,293,262 | 0 | 0 | Cash | Lease Sweep Reserve | |
2 | University Town Center | 0 | 0 | 0 | |||
3 | SoCal Retail Portfolio | 729,724 | 0 | 0 | Cash | ||
3.01 | The Springs | ||||||
3.02 | Summerwood | ||||||
3.03 | Food 4 Less – Target Center | ||||||
3.04 | El Super Center | ||||||
3.05 | Island Plaza | ||||||
3.06 | Baldwin Park Promenade | ||||||
3.07 | Lynwood Plaza | ||||||
3.08 | El Cajon (CVS) | ||||||
3.09 | Loma Vista | ||||||
3.10 | MLK Medical | ||||||
3.11 | Hawthorne Plaza | ||||||
3.12 | Five Points Plaza | ||||||
3.13 | Towne Center Square | ||||||
3.14 | Camarillo | ||||||
4 | Embassy Suites at Centennial Olympic Park | 50,000 | 0 | 0 | Cash | ||
5 | Capital Plaza | 1,927,705 | 0 | 0 | Cash | HOA Common Charges Reserve | |
6 | Inland Life Storage Portfolio | 0 | 0 | 0 | |||
6.01 | Life Storage - 586 | ||||||
6.02 | Life Storage - 145 | ||||||
6.03 | Life Storage - 364 | ||||||
6.04 | Life Storage - 365 | ||||||
6.05 | Life Storage - 212 | ||||||
6.06 | Life Storage - 386 | ||||||
6.07 | Life Storage - 256 | ||||||
6.08 | Life Storage - 206 | ||||||
6.09 | Life Storage - 324 | ||||||
6.10 | Life Storage - 236 | ||||||
6.11 | Life Storage - 184 | ||||||
6.12 | Life Storage - 500 | ||||||
6.13 | Life Storage - 288 | ||||||
6.14 | Life Storage - 299 | ||||||
6.15 | Life Storage - 209 | ||||||
6.16 | Life Storage - 035 | ||||||
6.17 | Life Storage - 074 | ||||||
6.18 | Life Storage - 252 | ||||||
6.19 | Life Storage - 033 | ||||||
6.20 | Life Storage - 205 | ||||||
6.21 | Life Storage - 300 | ||||||
6.22 | Life Storage - 026 | ||||||
6.23 | Life Storage - 361 | ||||||
6.24 | Life Storage - 165 | ||||||
6.25 | Life Storage - 208 | ||||||
6.26 | Life Storage - 211 | ||||||
6.27 | Life Storage - 021 | ||||||
6.28 | Life Storage - 298 | ||||||
6.29 | Life Storage - 297 | ||||||
6.30 | Life Storage - 153 | ||||||
6.31 | Life Storage - 075 | ||||||
6.32 | Life Storage - 152 | ||||||
7 | Olympia Medical Office | 355,002 | 0 | 0 | Cash | Additional Insurance Reserve | |
8 | Sugar Creek Center | 337,208 | 0 | 0 | Cash | Free Rent Reserve | |
9 | 3300 Renner | 261,628 | 0 | 0 | Cash | Outstanding TI/LC Reserve | |
10 | Mahwah Business Park | 0 | 0 | 0 | |||
11 | Sequa Corporation Industrial Portfolio | 0 | 0 | 0 | |||
11.01 | 3401 Queen Palm Drive - Tampa | ||||||
11.02 | 3636 Arrowhead Drive - Carson City | ||||||
11.03 | 601 Marshall Phelps Road - Windsor | ||||||
11.04 | 5161 West Polk Street - Phoenix | ||||||
11.05 | 420 Commerce Boulevard - Oldsmar | ||||||
12 | Grand Traverse Crossing | 1,037,080 | 0 | 0 | Cash | HomeGoods Repair Reserve ($9,886.25); HomeGoods Gap Rent Reserve ($340,854.33) | |
13 | Lenox Park | 763,049 | 0 | 0 | Cash | Outstanding TI/LC Reserve | |
14 | DCB Industrial Portfolio | 0 | 0 | 0 | |||
14.01 | DCB Savannah, GA | ||||||
14.02 | DCB Visalia, CA | ||||||
14.03 | DCB Bremen, GA | ||||||
14.04 | DCB Bondurant, IA | ||||||
14.05 | DCB Mitchellville, IA 2 | ||||||
14.06 | DCB Mitchellville, IA 1 | ||||||
15 | Renaissance Center VI | 0 | Springing | 0 | |||
16 | Triyar Portfolio III | 1,020,000 | 0 | 0 | Cash | Free Rent Reserve ($97,162.77); Rantoul Environmental Reserve ($40,625) | |
16.01 | Greenville | ||||||
16.02 | Rantoul | ||||||
16.03 | Wichita | ||||||
16.04 | Richland | ||||||
17 | Hi-25 | 90,000 | 0 | 0 | Cash | 421-a Filling Fee Reserve | |
18 | 188 Spear Street | 6,448,233 | 0 | 0 | Cash | Amazon Free Rent Reserve | |
19 | El Con Center | 0 | 0 | 0 | |||
20 | The Beacon | 1,250,000 | 0 | 0 | Cash | Cash Flow Reserve | |
21 | Mount Kemble | 2,130,827 | 0 | 0 | Cash | ||
22 | Bloomfield Square Apartments | 1,315,000 | 0 | 0 | Cash | Payment Reserve | |
23 | Lehigh Student Housing Portfolio | 28,463 | 0 | 0 | Cash | AST & Damaged Asbestos ($18,400.00); Asbestos Remediation ($2,300.00) | |
24 | TownePlace Suites Sacramento Cal Expo | 0 | 0 | 0 | |||
25 | Shetland Park | 526,065 | 0 | 0 | Cash | ||
26 | Best Western Colorado Springs Portfolio | 0 | The seasonality reserve is set up such that there are fixed deposits of $25,931 in good months (March through October of each calendar year) and fixed disbursements in seasonal months (November through February) per a schedule to be attached to the loan agreement. Notwithstanding the foregoing, during the first two months of the Loan term, deposits of $103,726 will be collected in order to fill the reserve up to the anticipated shortfall amount for the seasonal months by the September payment date. | 0 | Cash | ||
26.01 | Best Western Plus Peak Vista | ||||||
26.02 | Best Western Executive Inn & Suites | ||||||
27 | Smoke Tree Village and Smoke Tree Commons | 0 | 0 | 0 | |||
27.01 | Smoke Tree Commons | ||||||
27.02 | Smoke Tree Village | ||||||
28 | South Grove Shopping Center | 0 | 0 | 0 | |||
29 | Hampton Inn Sneads Ferry | 0 | 0 | 0 | |||
30 | Del Mar Terrace Apartments | 0 | 0 | 0 | |||
31 | Central Park Plaza | 259,800 | 0 | 0 | Cash | Payment Reserve ($49,102.01); Free Rent Reserve ($118,564.00) | |
32 | Cedar Crest | 100,000 | 0 | 0 | Cash | Free Rent ($25,707.00); Outstanding LC Reserve ($4,406.00) | |
33 | 1305 Tacoma | 0 | Springing | 0 | |||
34 | 54 Mint | 0 | 0 | 0 | |||
35 | Cordelia Road | 0 | 0 | 0 | |||
36 | 40 East Verdugo | 0 | 0 | 0 | |||
37 | Sunrise Lake | 32,000 | 0 | 0 | Cash | ||
38 | Sonoma Point Apartments - CA | 0 | 0 | 0 | |||
39 | Best Western Plus Madison/Huntsville | 0 | 0 | 0 | |||
40 | East River Plaza | 0 | 0 | 0 | |||
41 | Fort Evans Plaza Office Buildings | 0 | 0 | 0 | |||
42 | 33rd & 23rd Retail Center | 77,955 | 0 | 0 | Cash | Downeast TI/LC Reserve | |
43 | CubeSmart -Leesburg | 0 | 0 | 0 | |||
44 | 810 Lufkin Road | 1,004,414 | 0 | 0 | Cash | Collateral Reserve | |
45 | Plaza 273 | 10,009 | 0 | 0 | Cash | Bankers Life Free Rent Reserve | |
46 | Orangethorpe Center | 13,342 | 0 | 0 | Cash | ||
47 | Courtyard Columbus Dublin | 2,150,000 | 0 | 0 | Cash | ||
48 | 67 Forest Street | 361,715 | 0 | 0 | Cash | ||
49 | Lofts at Ionia | 0 | 0 | 0 | |||
50 | Gray Falls Drive Office | 345,500 | 0 | 0 | Cash | ||
51 | Holiday Inn Express Shelbyville | 0 | Springing | 0 | |||
52 | Neighborhood Shoppes at Polaris | 0 | 0 | 0 | |||
53 | Jefferson Storage | 0 | 0 | 0 | |||
54 | Larkfield Self Storage | 0 | 0 | 0 | |||
55 | Red Roof Inn & Suites - Savannah | 0 | Springing | 0 | |||
56 | Walgreens Elkton | 0 | 0 | 0 | |||
57 | Superior Storage Cheyenne | 0 | 0 | 0 | |||
58 | Best Western Shippensburg | 0 | 0 | 0 | |||
59 | County Fair Market Place | 14,575 | 0 | 0 | Cash | ||
60 | Cintas Rochester | 0 | 15,584 | 187,008 | Cash | ||
61 | Peckville Shopping Center | 0 | 0 | 0 | |||
62 | Icon I & II | 39,449 | 1,724 | 0 | Cash | C3 TI Reserve | |
62.01 | Icon II | ||||||
62.02 | Icon I | ||||||
63 | Walgreens Spartanburg | 0 | 0 | 0 | |||
64 | 707-715 East 47th Street | 0 | 0 | 0 | |||
65 | 14218 and 14292 US Highway 395 | 0 | Springing | 0 | |||
66 | Villa Rica Self Storage | 0 | 0 | 0 | |||
67 | Dollar General Houghton Lake | 0 | 0 | 0 |
A-1-10
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Other Escrow II (Initial) ($)(4)(6)(14) | Other Escrow II (Monthly) ($) | Other Escrow II Cap ($) | Other Escrow II Escrow - Cash or LoC | Other Escrow II - LoC Counterparty | Holdback(5)(6) | Ownership Interest(15) | Ground Lease Initial Expiration Date | Annual Ground Rent Payment(10) | Annual Ground Rent Increases |
1 | Moffett Towers II - Buildings 3 & 4 | 0 | Springing | 0 | Fee | ||||||
2 | University Town Center | 0 | 0 | 0 | Fee | ||||||
3 | SoCal Retail Portfolio | 0 | 0 | 0 | Fee | ||||||
3.01 | The Springs | Fee | |||||||||
3.02 | Summerwood | Fee | |||||||||
3.03 | Food 4 Less – Target Center | Fee | |||||||||
3.04 | El Super Center | Fee | |||||||||
3.05 | Island Plaza | Fee | |||||||||
3.06 | Baldwin Park Promenade | Fee | |||||||||
3.07 | Lynwood Plaza | Fee | |||||||||
3.08 | El Cajon (CVS) | Fee | |||||||||
3.09 | Loma Vista | Fee | |||||||||
3.10 | MLK Medical | Fee | |||||||||
3.11 | Hawthorne Plaza | Fee | |||||||||
3.12 | Five Points Plaza | Fee | |||||||||
3.13 | Towne Center Square | Fee | |||||||||
3.14 | Camarillo | Fee | |||||||||
4 | Embassy Suites at Centennial Olympic Park | 0 | 0 | 0 | Fee | ||||||
5 | Capital Plaza | 11,532 | 3,844 | 0 | Cash | Fee | |||||
6 | Inland Life Storage Portfolio | 0 | 0 | 0 | Fee | ||||||
6.01 | Life Storage - 586 | Fee | |||||||||
6.02 | Life Storage - 145 | Fee | |||||||||
6.03 | Life Storage - 364 | Fee | |||||||||
6.04 | Life Storage - 365 | Fee | |||||||||
6.05 | Life Storage - 212 | Fee | |||||||||
6.06 | Life Storage - 386 | Fee | |||||||||
6.07 | Life Storage - 256 | Fee | |||||||||
6.08 | Life Storage - 206 | Fee | |||||||||
6.09 | Life Storage - 324 | Fee | |||||||||
6.10 | Life Storage - 236 | Fee | |||||||||
6.11 | Life Storage - 184 | Fee | |||||||||
6.12 | Life Storage - 500 | Fee | |||||||||
6.13 | Life Storage - 288 | Fee | |||||||||
6.14 | Life Storage - 299 | Fee | |||||||||
6.15 | Life Storage - 209 | Fee | |||||||||
6.16 | Life Storage - 035 | Fee | |||||||||
6.17 | Life Storage - 074 | Fee | |||||||||
6.18 | Life Storage - 252 | Fee | |||||||||
6.19 | Life Storage - 033 | Fee | |||||||||
6.20 | Life Storage - 205 | Fee | |||||||||
6.21 | Life Storage - 300 | Fee | |||||||||
6.22 | Life Storage - 026 | Fee | |||||||||
6.23 | Life Storage - 361 | Fee | |||||||||
6.24 | Life Storage - 165 | Fee | |||||||||
6.25 | Life Storage - 208 | Fee | |||||||||
6.26 | Life Storage - 211 | Fee | |||||||||
6.27 | Life Storage - 021 | Fee | |||||||||
6.28 | Life Storage - 298 | Fee | |||||||||
6.29 | Life Storage - 297 | Fee | |||||||||
6.30 | Life Storage - 153 | Fee | |||||||||
6.31 | Life Storage - 075 | Fee | |||||||||
6.32 | Life Storage - 152 | Fee | |||||||||
7 | Olympia Medical Office | 500,000 | 0 | 0 | Cash | Fee | |||||
8 | Sugar Creek Center | 160,096 | 0 | 0 | Cash | Fee | |||||
9 | 3300 Renner | 4,194,944 | 0 | 0 | Cash | Fee | |||||
10 | Mahwah Business Park | 0 | 0 | 0 | 600,000 | Fee | |||||
11 | Sequa Corporation Industrial Portfolio | 0 | 0 | 0 | Fee | ||||||
11.01 | 3401 Queen Palm Drive - Tampa | Fee | |||||||||
11.02 | 3636 Arrowhead Drive - Carson City | Fee | |||||||||
11.03 | 601 Marshall Phelps Road - Windsor | Fee | |||||||||
11.04 | 5161 West Polk Street - Phoenix | Fee | |||||||||
11.05 | 420 Commerce Boulevard - Oldsmar | Fee | |||||||||
12 | Grand Traverse Crossing | 350,741 | 0 | 0 | Cash | Fee | |||||
13 | Lenox Park | 305,905 | 0 | 0 | Cash | Fee | |||||
14 | DCB Industrial Portfolio | 0 | 0 | 0 | Fee | ||||||
14.01 | DCB Savannah, GA | Fee | |||||||||
14.02 | DCB Visalia, CA | Fee | |||||||||
14.03 | DCB Bremen, GA | Fee | |||||||||
14.04 | DCB Bondurant, IA | Fee | |||||||||
14.05 | DCB Mitchellville, IA 2 | Fee | |||||||||
14.06 | DCB Mitchellville, IA 1 | Fee | |||||||||
15 | Renaissance Center VI | 0 | 0 | 0 | Leasehold | 2/11/2115 | $120,000 | ||||
16 | Triyar Portfolio III | 137,788 | 0 | 0 | Cash | Fee | |||||
16.01 | Greenville | Fee | |||||||||
16.02 | Rantoul | Fee | |||||||||
16.03 | Wichita | Fee | |||||||||
16.04 | Richland | Fee | |||||||||
17 | Hi-25 | 16,000 | 0 | 0 | Cash | Fee | |||||
18 | 188 Spear Street | 2,486,946 | 0 | 0 | Cash | Fee | |||||
19 | El Con Center | 0 | 0 | 0 | Fee | ||||||
20 | The Beacon | 350,000 | 0 | 0 | Cash | Fee | |||||
21 | Mount Kemble | 0 | 0 | 0 | Fee | ||||||
22 | Bloomfield Square Apartments | 66,215 | 0 | 0 | Cash | Fee | |||||
23 | Lehigh Student Housing Portfolio | 20,700 | 0 | 0 | Cash | Fee | |||||
24 | TownePlace Suites Sacramento Cal Expo | 0 | 0 | 0 | Fee | ||||||
25 | Shetland Park | 0 | 0 | 0 | Fee | ||||||
26 | Best Western Colorado Springs Portfolio | 0 | 0 | 0 | Fee | ||||||
26.01 | Best Western Plus Peak Vista | Fee | |||||||||
26.02 | Best Western Executive Inn & Suites | Fee | |||||||||
27 | Smoke Tree Village and Smoke Tree Commons | 0 | 0 | 0 | Leasehold | Various | $1,231,685 | ||||
27.01 | Smoke Tree Commons | Leasehold | 7/31/2071; 12/31/2053 | $746,240 | |||||||
27.02 | Smoke Tree Village | Leasehold | 2/1/2054 | $485,445 | |||||||
28 | South Grove Shopping Center | 0 | 0 | 0 | Fee | ||||||
29 | Hampton Inn Sneads Ferry | 0 | 0 | 0 | Fee | ||||||
30 | Del Mar Terrace Apartments | 0 | 0 | 0 | Fee | ||||||
31 | Central Park Plaza | 167,666 | 0 | 0 | Cash | Fee | |||||
32 | Cedar Crest | 30,113 | 0 | 0 | Cash | Fee | |||||
33 | 1305 Tacoma | 0 | 0 | 0 | Fee | ||||||
34 | 54 Mint | 0 | 0 | 0 | Fee | ||||||
35 | Cordelia Road | 0 | 0 | 0 | Fee | ||||||
36 | 40 East Verdugo | 0 | 0 | 0 | Fee | ||||||
37 | Sunrise Lake | 0 | 0 | 0 | Fee | ||||||
38 | Sonoma Point Apartments - CA | 0 | 0 | 0 | Fee | ||||||
39 | Best Western Plus Madison/Huntsville | 0 | 0 | 0 | Fee | ||||||
40 | East River Plaza | 0 | 0 | 0 | Fee | ||||||
41 | Fort Evans Plaza Office Buildings | 0 | 0 | 0 | Fee | ||||||
42 | 33rd & 23rd Retail Center | 0 | Springing | 0 | 411,500 | Fee | |||||
43 | CubeSmart -Leesburg | 0 | 0 | 0 | Fee | ||||||
44 | 810 Lufkin Road | 0 | Springing | 0 | Fee | ||||||
45 | Plaza 273 | 5,311 | 0 | 0 | Cash | Fee and Leasehold | 12/31/2089 | $19,000 | |||
46 | Orangethorpe Center | 0 | 0 | 0 | Fee | ||||||
47 | Courtyard Columbus Dublin | 0 | 0 | 0 | Fee | ||||||
48 | 67 Forest Street | 0 | 0 | 0 | Fee | ||||||
49 | Lofts at Ionia | 0 | 0 | 0 | Fee | ||||||
50 | Gray Falls Drive Office | 0 | 0 | 0 | Fee | ||||||
51 | Holiday Inn Express Shelbyville | 0 | 0 | 0 | Fee | ||||||
52 | Neighborhood Shoppes at Polaris | 0 | 0 | 0 | Fee | ||||||
53 | Jefferson Storage | 0 | 0 | 0 | Fee | ||||||
54 | Larkfield Self Storage | 0 | 0 | 0 | Leasehold | 7/8/2040 | $115,870 | Beginning July 9, 1990 and on July 9 of every fifth lease year thereafter, rent is to be increased based upon increases in the Consumer Price Index for San Francisco/Oakland Bay Area (“CPI”). The next scheduled CPI increase is slated for July 9, 2020, at which time the rent will escalate based on the increase in CPI over the prior five years. | |||
55 | Red Roof Inn & Suites - Savannah | 0 | 0 | 0 | Fee | ||||||
56 | Walgreens Elkton | 0 | 0 | 0 | Fee | ||||||
57 | Superior Storage Cheyenne | 0 | 0 | 0 | Fee | ||||||
58 | Best Western Shippensburg | 0 | 0 | 0 | Fee | ||||||
59 | County Fair Market Place | 0 | 0 | 0 | Fee | ||||||
60 | Cintas Rochester | 0 | 0 | 0 | Fee | ||||||
61 | Peckville Shopping Center | 0 | 0 | 0 | Fee | ||||||
62 | Icon I & II | 150,000 | 0 | 0 | Cash | Fee | |||||
62.01 | Icon II | Fee | |||||||||
62.02 | Icon I | Fee | |||||||||
63 | Walgreens Spartanburg | 0 | 0 | 0 | Fee | ||||||
64 | 707-715 East 47th Street | 0 | 0 | 0 | Fee | ||||||
65 | 14218 and 14292 US Highway 395 | 0 | 0 | 0 | Fee | ||||||
66 | Villa Rica Self Storage | 0 | 0 | 0 | Fee | ||||||
67 | Dollar General Houghton Lake | 0 | 0 | 0 | Fee |
A-1-11
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Lockbox | Whole Loan Cut-off Date Balance ($) | Whole Loan Debt Service ($) | Subordinate Secured Debt Original Balance ($) | Subordinate Secured Debt Cut-off Date Balance ($) | Whole Loan U/W NOI DSCR (x) | Whole Loan U/W NCF DSCR (x) | Whole Loan Cut-off Date LTV Ratio | Whole Loan Cut-off Date U/W NOI Debt Yield | Whole Loan Cut-off Date U/W NCF Debt Yield | Mezzanine Debt Cut-off Date Balance($) | Sponsor | Affiliated Sponsors | Mortgage Loan Number |
1 | Moffett Towers II - Buildings 3 & 4 | Hard/Upfront Cash Management | 505,000,000 | 1,610,357 | 155,000,000 | 155,000,000 | 2.40 | 2.39 | 63.9% | 9.2% | 9.2% | 85,000,000 | Jay Paul Company | 1 | |
2 | University Town Center | Springing | J. Kenneth Dunn | 2 | |||||||||||
3 | SoCal Retail Portfolio | Hard/Springing Cash Management | Mark Gabay | 3 | |||||||||||
3.01 | The Springs | 3.01 | |||||||||||||
3.02 | Summerwood | 3.02 | |||||||||||||
3.03 | Food 4 Less – Target Center | 3.03 | |||||||||||||
3.04 | El Super Center | 3.04 | |||||||||||||
3.05 | Island Plaza | 3.05 | |||||||||||||
3.06 | Baldwin Park Promenade | 3.06 | |||||||||||||
3.07 | Lynwood Plaza | 3.07 | |||||||||||||
3.08 | El Cajon (CVS) | 3.08 | |||||||||||||
3.09 | Loma Vista | 3.09 | |||||||||||||
3.10 | MLK Medical | 3.10 | |||||||||||||
3.11 | Hawthorne Plaza | 3.11 | |||||||||||||
3.12 | Five Points Plaza | 3.12 | |||||||||||||
3.13 | Towne Center Square | 3.13 | |||||||||||||
3.14 | Camarillo | 3.14 | |||||||||||||
4 | Embassy Suites at Centennial Olympic Park | Hard/Springing Cash Management | David D. Marvin | 4 | |||||||||||
5 | Capital Plaza | Hard/Springing Cash Management | Ten Capital Management; Somerset Properties, Inc. | 5 | |||||||||||
6 | Inland Life Storage Portfolio | Springing | Inland Private Capital Corporation | 6 | |||||||||||
6.01 | Life Storage - 586 | 6.01 | |||||||||||||
6.02 | Life Storage - 145 | 6.02 | |||||||||||||
6.03 | Life Storage - 364 | 6.03 | |||||||||||||
6.04 | Life Storage - 365 | 6.04 | |||||||||||||
6.05 | Life Storage - 212 | 6.05 | |||||||||||||
6.06 | Life Storage - 386 | 6.06 | |||||||||||||
6.07 | Life Storage - 256 | 6.07 | |||||||||||||
6.08 | Life Storage - 206 | 6.08 | |||||||||||||
6.09 | Life Storage - 324 | 6.09 | |||||||||||||
6.10 | Life Storage - 236 | 6.10 | |||||||||||||
6.11 | Life Storage - 184 | 6.11 | |||||||||||||
6.12 | Life Storage - 500 | 6.12 | |||||||||||||
6.13 | Life Storage - 288 | 6.13 | |||||||||||||
6.14 | Life Storage - 299 | 6.14 | |||||||||||||
6.15 | Life Storage - 209 | 6.15 | |||||||||||||
6.16 | Life Storage - 035 | 6.16 | |||||||||||||
6.17 | Life Storage - 074 | 6.17 | |||||||||||||
6.18 | Life Storage - 252 | 6.18 | |||||||||||||
6.19 | Life Storage - 033 | 6.19 | |||||||||||||
6.20 | Life Storage - 205 | 6.20 | |||||||||||||
6.21 | Life Storage - 300 | 6.21 | |||||||||||||
6.22 | Life Storage - 026 | 6.22 | |||||||||||||
6.23 | Life Storage - 361 | 6.23 | |||||||||||||
6.24 | Life Storage - 165 | 6.24 | |||||||||||||
6.25 | Life Storage - 208 | 6.25 | |||||||||||||
6.26 | Life Storage - 211 | 6.26 | |||||||||||||
6.27 | Life Storage - 021 | 6.27 | |||||||||||||
6.28 | Life Storage - 298 | 6.28 | |||||||||||||
6.29 | Life Storage - 297 | 6.29 | |||||||||||||
6.30 | Life Storage - 153 | 6.30 | |||||||||||||
6.31 | Life Storage - 075 | 6.31 | |||||||||||||
6.32 | Life Storage - 152 | 6.32 | |||||||||||||
7 | Olympia Medical Office | Springing | Laxman Reddy | 7 | |||||||||||
8 | Sugar Creek Center | Springing | Kevin Glazer | 8 | |||||||||||
9 | 3300 Renner | Hard/Springing Cash Management | Apex Capital Investments Corporation | 9 | |||||||||||
10 | Mahwah Business Park | Soft/Springing Cash Management | Gavriel Alexander | 10 | |||||||||||
11 | Sequa Corporation Industrial Portfolio | Hard/Upfront Cash Management | AG Net Lease III Corp.; AG Net Lease III (SO) Corp. | 11 | |||||||||||
11.01 | 3401 Queen Palm Drive - Tampa | 11.01 | |||||||||||||
11.02 | 3636 Arrowhead Drive - Carson City | 11.02 | |||||||||||||
11.03 | 601 Marshall Phelps Road - Windsor | 11.03 | |||||||||||||
11.04 | 5161 West Polk Street - Phoenix | 11.04 | |||||||||||||
11.05 | 420 Commerce Boulevard - Oldsmar | 11.05 | |||||||||||||
12 | Grand Traverse Crossing | Hard/Springing Cash Management | Kevin Baker; Daniel Kukes; Daniel Kukes Living Trust dated May 15, 2012; Nikolaos Moschouris | 12 | |||||||||||
13 | Lenox Park | Hard/Springing Cash Management | Group RMC Corporation | 13 | |||||||||||
14 | DCB Industrial Portfolio | Hard/Springing Cash Management | New Mountain Net Lease Partners Corporation | 14 | |||||||||||
14.01 | DCB Savannah, GA | 14.01 | |||||||||||||
14.02 | DCB Visalia, CA | 14.02 | |||||||||||||
14.03 | DCB Bremen, GA | 14.03 | |||||||||||||
14.04 | DCB Bondurant, IA | 14.04 | |||||||||||||
14.05 | DCB Mitchellville, IA 2 | 14.05 | |||||||||||||
14.06 | DCB Mitchellville, IA 1 | 14.06 | |||||||||||||
15 | Renaissance Center VI | Hard/Springing Cash Management | DT GRAT JAT, LLC | Y - Group 1 | 15 | ||||||||||
16 | Triyar Portfolio III | Soft/Springing Cash Management | Bob Yari | 16 | |||||||||||
16.01 | Greenville | 16.01 | |||||||||||||
16.02 | Rantoul | 16.02 | |||||||||||||
16.03 | Wichita | 16.03 | |||||||||||||
16.04 | Richland | 16.04 | |||||||||||||
17 | Hi-25 | Soft/Upfront Cash Management | Eran Tourgeman; Barak Ben Shlomo | 17 | |||||||||||
18 | 188 Spear Street | Hard/Springing Cash Management | Shorenstein Company LLC | 18 | |||||||||||
19 | El Con Center | Springing | E. Stanley Kroenke | Y - Group 2 | 19 | ||||||||||
20 | The Beacon | Springing | Philippe Pellerin | 20 | |||||||||||
21 | Mount Kemble | Hard/Springing Cash Management | 3,950,000 | Fred Arena; Anthony Arena; Arena Capital Group LLC | Y - Group 1 | 21 | |||||||||
22 | Bloomfield Square Apartments | Soft/Springing Cash Management | John Beale | 22 | |||||||||||
23 | Lehigh Student Housing Portfolio | Soft/Springing Cash Management | Elias Zakay; The Elias Zakay Revocable Family Trust Dated August 29, 2014 | 23 | |||||||||||
24 | TownePlace Suites Sacramento Cal Expo | Springing | Seon Hee Suh; Jung Ho Han | 24 | |||||||||||
25 | Shetland Park | Springing | Robert Moser | 25 | |||||||||||
26 | Best Western Colorado Springs Portfolio | Hard/Springing Cash Management | Timothy O’Byrne | 26 | |||||||||||
26.01 | Best Western Plus Peak Vista | 26.01 | |||||||||||||
26.02 | Best Western Executive Inn & Suites | 26.02 | |||||||||||||
27 | Smoke Tree Village and Smoke Tree Commons | Springing | E. Stanley Kroenke | Y - Group 2 | 27 | ||||||||||
27.01 | Smoke Tree Commons | Y - Group 2 | 27.01 | ||||||||||||
27.02 | Smoke Tree Village | Y - Group 2 | 27.02 | ||||||||||||
28 | South Grove Shopping Center | Springing | Nathaniel A. Tower | 28 | |||||||||||
29 | Hampton Inn Sneads Ferry | Springing | Oscar N. Harris; John M. Sandlin | 29 | |||||||||||
30 | Del Mar Terrace Apartments | Springing | Heers Family Trust dated March 16, 1983, as restated on April 28, 2017 | 30 | |||||||||||
31 | Central Park Plaza | Soft/Springing Cash Management | Gregory M. Boll | 31 | |||||||||||
32 | Cedar Crest | Soft/Springing Cash Management | Jeffrey Rosenberg; Jason Nidiffer; Michael Rosenberg | 32 | |||||||||||
33 | 1305 Tacoma | Springing | Benjamin R. Stutz; Garry Vallaster; Jeffrey A. Mincheff | 33 | |||||||||||
34 | 54 Mint | Springing | Patrick M. McNerney | 34 | |||||||||||
35 | Cordelia Road | None | Michael C. Jaeger; Robert A. McHugh, III | 35 | |||||||||||
36 | 40 East Verdugo | Soft/Springing Cash Management | Mory Barak; Jeffrey M. Weller | 36 | |||||||||||
37 | Sunrise Lake | Soft/Springing Cash Management | Nadyrshah Dhanani | 37 | |||||||||||
38 | Sonoma Point Apartments - CA | Springing | Michael Kidson; The Linda Zabel Living Trust | 38 | |||||||||||
39 | Best Western Plus Madison/Huntsville | Hard/Springing Cash Management | Nishant Meraiya; Jashiben Patel | 39 | |||||||||||
40 | East River Plaza | Springing | Stanley Werb; Jonathan Gaines; Rivercrest Realty Investors | 40 | |||||||||||
41 | Fort Evans Plaza Office Buildings | None | 10th Street LLC | Y - Group 3 | 41 | ||||||||||
42 | 33rd & 23rd Retail Center | Springing | Steven Usdan | 42 | |||||||||||
43 | CubeSmart -Leesburg | None | 10th Street LLC | Y - Group 3 | 43 | ||||||||||
44 | 810 Lufkin Road | Springing | John V. Livanos; Jared L. Marcus | 44 | |||||||||||
45 | Plaza 273 | Springing | Louis J. Capano, III | 45 | |||||||||||
46 | Orangethorpe Center | Springing | Rachel Ruth Serrano; Heather Sarah Osterman | 46 | |||||||||||
47 | Courtyard Columbus Dublin | Springing | Praveen Kollipara; Venkatararama Prasad Nalamolu; Dakshesh Patel | 47 | |||||||||||
48 | 67 Forest Street | Springing | Andrew J. Segal | 48 | |||||||||||
49 | Lofts at Ionia | Soft/Springing Cash Management | Jeffrey L. Baker; Raymond A. Lanning | 49 | |||||||||||
50 | Gray Falls Drive Office | Springing | James M. Birney; Ceyan Birney | 50 | |||||||||||
51 | Holiday Inn Express Shelbyville | Hard/Springing Cash Management | Anup Patel | 51 | |||||||||||
52 | Neighborhood Shoppes at Polaris | Springing | William A. Morris | 52 | |||||||||||
53 | Jefferson Storage | Springing | James L. Clayton | 53 | |||||||||||
54 | Larkfield Self Storage | None | Eugene Burger | 54 | |||||||||||
55 | Red Roof Inn & Suites - Savannah | Hard/Springing Cash Management | Sam Patel; Pratik Patel | 55 | |||||||||||
56 | Walgreens Elkton | Hard/Upfront Cash Management | Ladder Capital CRE Equity LLC | Y - Group 4 | 56 | ||||||||||
57 | Superior Storage Cheyenne | Springing | Matthew N. Follett; Matthew L. Garibaldi | 57 | |||||||||||
58 | Best Western Shippensburg | Springing | Nandit Mehta; Aman J. Parekh | 58 | |||||||||||
59 | County Fair Market Place | Springing | Barbara Leonard | 59 | |||||||||||
60 | Cintas Rochester | Springing | Zell Kravinsky | 60 | |||||||||||
61 | Peckville Shopping Center | Springing | Robert B. Erlich; Drew Connell Angel; Joshua M. Weinberg | 61 | |||||||||||
62 | Icon I & II | Springing | Paragon Real Estate Fund, LLC | 62 | |||||||||||
62.01 | Icon II | 62.01 | |||||||||||||
62.02 | Icon I | 62.02 | |||||||||||||
63 | Walgreens Spartanburg | Hard/Upfront Cash Management | Ladder Capital CRE Equity LLC | Y - Group 4 | 63 | ||||||||||
64 | 707-715 East 47th Street | Hard/Springing Cash Management | Ananthan Thangavel; Arul Thangavel | 64 | |||||||||||
65 | 14218 and 14292 US Highway 395 | Springing | Andrew Sun | 65 | |||||||||||
66 | Villa Rica Self Storage | Springing | Steven E. Smoot | 66 | |||||||||||
67 | Dollar General Houghton Lake | Hard/Upfront Cash Management | Ladder Capital CRE Equity LLC | Y - Group 4 | 67 |
A-1-12
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) | “AREF” denotes Argentic Real Estate Finance LLC, “RMF” denotes Rialto Mortgage Finance, LLC, “Barclays” denotes Barclays Capital Real Estate Inc., “LCF” denotes Ladder Capital Finance LLC, “BSPRT” denotes BSPRT CMBS Finance, LLC and “WFB” denotes Wells Fargo Bank, National Association. | ||||||||||||
(2) | For mortgage loan #3 (SoCal Retail Portfolio), the collateral consists of 13 retail properties totaling 1,448,731 square feet and one office property totaling 32,500 square feet. | ||||||||||||
For mortgage loan #4 (Embassy Suites at Centennial Olympic Park), the mortgaged property contains 17,205 square feet of retail space, which is included in UW NOI, Most Recent NOI, Second Most Recent NOI and Third Most Recent NOI, but is not included in Occupancy. | |||||||||||||
For mortgage loan #20 (The Beacon), the Number of Units includes 55,444 square feet of retail space and 20,466 square feet of office space. | |||||||||||||
For mortgage loan #25 (Shetland Park), the Number of Units includes 552,599 square feet of office space, 300,759 square feet of light industrial space, 91,364 square feet for tenant storage, 57,826 square feet for school use, 10,505 square feet for small business center space, and 178,244 square feet (1,994 units) for a self-storage facility. | |||||||||||||
For mortgage loan #34 (54 Mint), Number of Units includes 13,083 square feet of office and 4,167 square feet of retail space. | |||||||||||||
For mortgage loan #49 (Lofts at Ionia), the Number of Units reflects 23 multifamily units. The mortgaged property also includes 23,525 square feet of commercial space. | |||||||||||||
For mortgage loan #62 (Icon I & II), the Number of Units includes 6,050 square feet of office space and 4,014 square feet of retail space. | |||||||||||||
For mortgage loan #64 (707-715 East 47th Street), the Number of Units consists of 11,815 square feet of office space and 10,101 square feet of retail space. The retail component accounts for 42.9% of underwritten gross potential income. | |||||||||||||
(3) | For mortgage loan #1 (Moffett Towers II - Buildings 3 & 4), the mortgage loan represents Note A-1-D, one of eleven pari passu senior notes, which have a combined Cut-off Date Balance of $350,000,000, and three pari passu subordinate B-notes which have a combined Cut-off Date Balance of $155,000,000. Notes A-1-A, A-1-B, A-1-C, A-1-E, A-2-A, A-2-B, A-2-C, A-3-A, A-3-B, A-3-C, B-1, B-2 and B-3 are 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-A, A-1-B, A-1-C, A-1-D, A-1-E, A-2-A, A-2-B, A-2-C, A-3-A, A-3-B and A-3-C in the aggregate but exclude notes B-1, B-2 and B-3. Notes B-1, B-2 and B-3 represent a controlling interest in the Moffett Towers II - Buildings 3 & 4 Whole Loan. When a control appraisal period is no longer in effect, Note A-1-B will be the controlling note, and the Directing Certificate holder will be entitled to exercise the related control rights. See “Description of the Mortgage Pool—The Whole Loans—The Non-Serviced AB Whole Loan” in the Preliminary Prospectus. | ||||||||||||
For mortgage loan #3 (SoCal Retail Portfolio), the mortgage loan represents Note A-3 of eight pari passu notes, which have a combined Cut-off Date Balance of $214,785,000 (the “SoCal Retail Portfolio Whole Loan”). Notes A-1, A-2, A-4, A-5, A-6, A-7 and A-8 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented are based on |
A-1-13
the SoCal Retail Portfolio Whole Loan. Note A-3 represents a non-controlling interest in the SoCal Retail Portfolio Whole Loan. | |||||||||||||
For mortgage loan #4 (Embassy Suites at Centennial Olympic Park), the mortgage loan represents Notes A-2, A-4, A-5, and A-6 of six pari passu notes, which have a combined Cut-off Date Balance of $83,402,475, (the “Embassy Suites at Centennial Olympic Park Whole Loan”). Notes A-1 and A-3 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented are based on the Embassy Suites at Centennial Olympic Park Whole Loan. Notes A-2, A-4, A-5, and A-6 represent a non-controlling interest in the Embassy Suites at Centennial Olympic Park Whole Loan. | |||||||||||||
For mortgage loan #6 (Inland Life Storage Portfolio), the mortgage loan represents Note A-2-B, one of five pari passu notes, which have a combined Cut-off Date Balance of $139,100,000. Notes A-1-A, A-1-B, A-2-A and A-1-C are 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-A, A-1-B, A-2-A, A-2-B and A-1-C in the aggregate (the “Inland Life Storage Portfolio Whole Loan”). Note A-1-A represents a controlling interest in the Inland Life Storage Portfolio Whole Loan. | |||||||||||||
For mortgage loan #15 (Renaissance Center VI), the mortgage loan represents Note A-1, one of two pari passu notes, which have a combined Cut-off Date Balance of $35,000,000. Note A-2 is not included in the WFCM 2019-C52 securitization trust. All LTV, DSCR, Debt Yield, and Cut-off Date Balance Per Unit/SF figures presented are based on the Notes A-1 and A-2 in the aggregate (the “Renaissance Center VI Whole Loan”). Note A-1 represents a controlling interest in the Renaissance Center VI Whole Loan. | |||||||||||||
For mortgage loan #18 (188 Spear Street), the mortgage loan represents Note A-3, one of three pari passu notes, which have a combined Cut-off Date Balance of $125,000,000. Notes A-1 and A-2 are 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, A-2 and A-3 in the aggregate (the “188 Spear Street Whole Loan”). Note A-2 represents a controlling interest in the 188 Spear Street Whole Loan. | |||||||||||||
For mortgage loan #19 (El Con Center), the mortgage loan represents Note A-2, one of two pari passu notes, which have a combined Cut-off Date Balance of $63,000,000. 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 “El Con Center Whole Loan”). Note A-2 represents a non-controlling interest in the El Con Center Whole Loan. | |||||||||||||
For mortgage loan #21 (Mount Kemble), the mortgage loan represents Note A-1, one of two pari passu notes, which have a combined Cut-off Date Balance of $31,000,000. Note A-2 is not included in the WFCM 2019-C52 securitization 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 “Mount Kemble Whole Loan”). Note A-1 represents a controlling interest in the Mount Kemble Whole Loan. | |||||||||||||
For mortgage loan #25 (Shetland Park), the mortgage loan represents Note A-2, one of two pari passu notes, which have a combined Cut-off Date Balance of $57,812,438. 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 “Shetland Park Whole Loan”). Note A-2 represents a non-controlling interest in the Shetland Park Whole Loan. | |||||||||||||
For mortgage loan #27 (Smoke Tree Village and Smoke Tree Commons), the mortgage loan represents Note A-2, one of two pari passu notes, which have a combined Cut-off Date Balance of $35,500,000. 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 “Smoke Tree Village and Smoke Tree Commons Whole Loan”). Note A-2 represents a non-controlling interest in the Smoke Tree Village and Smoke Tree Commons Whole Loan. |
A-1-14
For mortgage loan #30 (Del Mar Terrace Apartments), the mortgage loan represents Note A-1, one of two pari passu notes, which have a combined Cut-off Date Balance of $16,200,000. Note A-2 is not included in the WFCM 2019-C52 securitization trust. All LTV, DSCR, Debt Yield, and Cut-off Date Balance Per Unit/SF figures presented are based on the Notes A-1 and A-2 in the aggregate (the “Del Mar Terrace Apartments Whole Loan”). Note A-1 represents a controlling interest in the Del Mar Terrace Apartments Whole Loan. | |||||||||||||
(4) | For mortgage loan #6 (Inland Life Storage Portfolio), the As-Is Appraised Value is based on a portfolio appraised value. The Inland Life Storage Portfolio was sold with the existing Life Storage management platform in place, thus excluding potential buyers with an existing management platform. Given the limited buyer pool due to the management agreement, the appraiser concluded a portfolio value of $225.0 million, which does not consider the management restrictions. The sum of the appraised values of the individual properties is $212,100,000, resulting in a Cut-off Date LTV and LTV at Maturity of 65.6% and 56.5%, respectively. | ||||||||||||
For mortgage loan #9 (3300 Renner), the Appraised Value represents the “Prospective As Stabilized” value of $45,020,000 as of September 1, 2019. The “Prospective As Stabilized” and “As-Is” value estimates are subject to the extraordinary assumption that at origination, the seller will credit the borrower the costs for all existing outstanding tenant improvement allowances and FF&E allowances. In addition, the appraiser deducted from the “Prospective As Stabilized” value the two remaining months of free rent for the largest tenant, representing approximately 96.9% of net rentable square feet, in calculating the “As-Is” value. The lender escrowed $4,194,944 in outstanding TI/LC costs and $261,628 in rent abatement at closing. The Cut-off Date LTV Ratio and LTV Ratio at Maturity based on the as-is appraised value of $44,500,000 are 64.2% and 64.2%, respectively. | |||||||||||||
For mortgage loan #14 (DCB Industrial Portfolio), the Appraised Value reflects a portfolio level appraisal, which includes a diversity premium based on an assumption that all of the mortgaged properties would be sold together as a portfolio. The Appraised Value assuming no portfolio level diversity premium is $39,240,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD assuming the $39,240,000 value are 61.3% and 55.9%, respectively. | |||||||||||||
For mortgage loan #47 (Courtyard Columbus Dublin), the Appraised Value is based on the “As-Complete” appraised value of $12,100,000, which assumes that the renovation at the property will be completed within one year. At loan closing, the borrower deposited $2,150,000 into a PIP reserve. The “As-Is” appraised value for the mortgaged property is $9,600,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $9,600,000 “As-Is” appraised value are 62.4% and 51.4%, respectively. | |||||||||||||
For mortgage loan #50 (Gray Falls Drive Office), the Appraised Value assumes that renovations expected to be completed by November 2019 have been completed. Reserves were taken at close for the outstanding renovations expenses. The appraised value assuming all outstanding renovations are not completed is $7,900,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $7,900,000 appraised value are 69.6% and 56.7%, respectively. | |||||||||||||
(5) | For mortgage loan #10 (Mahwah Business Park), all LTVs, DSCRs and Debt Yields are calculated assuming the full Cut-off Date Balance net of the debt yield holdback amount of $600,000. The holdback can be disbursed in whole or in part , at any time after the payment date occurring in January 2020, provided that the following conditions are satisfied, among other things: (i) a minimum net operating income debt yield of 8.25% for two consecutive calendar calculation dates, based on a loan amount equal to $28,500,000; and (ii) no event of default has occurred or is continuing. If the holdback has not been released by July 22, 2022, the lender must apply the unreleased proceeds to pay down the mortgage loan, accompanied by the applicable yield maintenance premium to be paid by the borrower. Assuming the full holdback balance is not applied to the full Cut-off Date Balance amount of $28,500,000, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI DSCR, U/W NCF DSCR, U/W NOI Debt Yield and U/W NCF Debt Yield are 67.9%, 57.6%, 1.46x, 1.38x, 8.6% and 8.2%, respectively. Assuming the full holdback balance is applied to the full Cut-off Date Balance amount of $28,500,000, the Cut-off Date LTV |
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Ratio, the LTV Ratio at Maturity or ARD, U/W NOI DSCR, U/W NCF DSCR, the U/W NOI Debt Yield, U/W NCF Debt Yield, are 66.4%, 56.1%, 1.49x, 1.41x, 8.8%, and 8.3%, respectively. | |||||||||||||
For mortgage loan #42 (33rd & 23rd Retail Center), all LTVs, DSCRs and Debt Yields are calculated assuming the full loan amount of $6,750,000. The Holdback can be disbursed in whole or in part provided that the following conditions are satisfied: (i) no event of default has occurred or is continuing; (ii) the net cash flow debt yield is at least 8.56%; and (iii) the lender has satisfactory evidence that construction on the Swig space has been completed and the tenant is in occupancy, open for business, paying full unabated rent and all tenant improvements and leasing commissions have been paid. If the Holdback has not been released by the permitted prepayment date, which is expected to be August 1, 2021, the lender may apply the unreleased proceeds to pay down the loan, accompanied by the applicable yield maintenance premium to be paid by the borrower. Assuming the full Holdback balance is applied to the full loan amount of $6,750,000, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI DSCR, U/W NCF DSCR, U/W NOI Debt Yield and U/W NCF Debt Yield are 70.3%, 56.3%, 1.61x, 1.52x, 9.9% and 9.4%, respectively. | |||||||||||||
(6) | Certain tenants may not be in occupancy or may be in free rent periods. In particular, with respect (i) single tenant properties, (ii) the largest 5 tenants with respect to the largest 15 Mortgage Loans and (iii) tenants that alone, or together with affiliated tenants, occupy 50% or more of the net rentable area of, or represent 50% or more of the underwritten revenues of related Mortgage Properties, certain of such tenants have not taken possession or commenced paying rent or are not yet fully operational. For more information see “Description of the Mortgage Pool—Tenant Issues—Other” and the Annex A-3 in this prospectus for additional information. | ||||||||||||
For mortgage loan #16 (Triyar Portfolio III), the largest tenant (303,826 square feet) of the portfolio, representing approximately 40.6% of net rentable square feet of the portfolio, executed a lease extension and expansion leasing an additional 115,920 square feet in January 2018. As a result, the monthly minimum rent for the original premises (158,159 square feet) is abated from October 2021 through December 2021. $97,163 has been reserved with the lender in respect of free rent for this tenant. | |||||||||||||
For mortgage loan #20 (The Beacon), the second largest tenant (6,608 square feet), representing 8.7% of net rentable square feet, has executed its lease but is not in occupancy or paying rent. The tenant is anticipated to take occupancy in December 2019. The fourth largest tenant (3,614 square feet), representing 4.8% of net rentable square feet, has executed its lease but is not in occupancy. The tenant is anticipated to open in the next month. An earnout reserve was taken at closing in connection with various tenants that had not yet occupied their spaces, with approximately $625,643 thereof attributable to the foregoing two tenants. That reserve is to be released to the borrower as each of the subject tenants opens for business with a clean estoppel in the amount attributable to that tenant in accordance with a schedule. | |||||||||||||
For mortgage loan #21 (Mount Kemble), the largest tenant (48,098 square feet), representing approximately 20.9% of the net rentable area, will take occupancy of its expansion space (11,161 square feet) on September 1, 2019. The fifth largest tenant (16,970 square feet), representing 7.4% of net rentable square feet, has (i) 8 months of free rent commencing in November 2019 with respect to 13,086 square feet of its premises and (ii) 5 months of free rent commencing in August 2024 with respect to 3,884 square feet of its premises. All outstanding free rent was reserved for at origination. | |||||||||||||
For mortgage loan #31 (Central Park Plaza), the fourth largest tenant (5,307 square feet), representing approximately 4.6% of net rentable square feet, has free rent through January 2020. $28,304 has been reserved with the lender in respect of free rent for this tenant. |
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For mortgage loan #32 (Cedar Crest), the third largest tenant (24,197 square feet), representing approximately 16.1% of net rentable square feet, has free rent on its expansion space through March 2020. $25,707 has been reserved with the lender in respect of free rent for this tenant. | |||||||||||||
For mortgage loan #34 (54 Mint), the third largest tenant (3,010 square feet), representing 17.4% of net rentable square feet, subleases a portion of its space for an annual base rent of $60,000 on a month to month basis | |||||||||||||
For mortgage loan #35 (Cordelia Road), the largest tenant (17,500 square feet), representing 17.5% of net rentable square feet, has free rent in December 2019. U/W Revenues for the largest tenant is net of the free rent period. | |||||||||||||
For mortgage loan #42 (33rd & 23rd Retail Center), the largest tenant (23,445 square feet), representing 51.9% of net rentable square feet, has free rent through September 2019. All outstanding free rent was reserved for at closing. The third largest tenant (483 square feet), representing 1.1% of net rentable square feet, has executed its lease but is not in occupancy or paying rent. The tenant is anticipated to commence in November 2019. A holdback was taken at closing for the gap rent. | |||||||||||||
For mortgage loan #62 (Icon I & II), the largest tenant at the Icon I mortgaged property (6,050 square feet), representing 60.1% of net rentable square feet of the portfolio, has taken occupancy and opened for business in July 2019, but is not expected to commence rental payments until September 2019. At origination, $150,000 was reserved at origination in connection with the borrower’s obligation to fund certain tenant improvement allowances under the tenant’s lease. In addition, the tenant has a remaining free rent allowance totaling $36,000. The borrower deposited $36,000 at origination to fund a free rent reserve for the tenant’s rent payments occurring in August and September 2019. | |||||||||||||
(7) | For mortgage loan #9 (3300 Renner), the largest tenant (179,402 square feet), representing 96.9% of the net rentable square feet, must lease the space currently occupied by Verizon on the earlier of January 1, 2023 or the date Verizon vacates its premise. The expiration of the lease for such additional space will be coterminous with the tenant’s current lease, which is scheduled to terminate on August 31, 2029. | ||||||||||||
(8) | Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. In particular, with respect to (i) single tenant properties, (ii) the largest 5 tenants with respect to the largest 15 Mortgage Loans and (iii) tenants that alone, or together with affiliated tenants, occupy 50% or more of the net rentable area of, or represent 50% or more of the underwritten revenues of related Mortgaged Properties, certain of such tenants have unilateral termination options or termination options related to lack of appropriations with respect to all or a portion of their space. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” in this prospectus for additional information, as well as the charts entitled “Major Tenants” and “Lease Expiration Schedules” for the 15 largest Mortgage Loans presented on Annex A-3 to this prospectus. | ||||||||||||
For mortgage loan #19 (El Con Center), the largest tenant (220,424 square feet), representing 45.9% of net rentable square feet, has the right to terminate its lease at any time on and after September 1, 2021 by giving a 6-month prior written notice. | |||||||||||||
For mortgage loan #21 (Mount Kemble), the largest tenant (48,098 square feet), representing approximately 20.9% of the net rentable area, may terminate its lease to the entire premises, the first floor premises, the second floor premises or to the expansion premises, effective as of July 30, 2024, upon delivering 12 months’ notice to the landlord and paying a termination fee of $2,086,907 with respect to termination of the entire premises, $651,404 with respect to termination of the first floor premises, $1,039,573 with respect to the termination of the second floor premises or to the expansion premises and $395,930 with respect to the termination of the expansion premises. The fourth largest tenant, (17,457 square feet), representing approximately |
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7.6% of the net rentable area, may terminate its lease on June 30, 2022, upon delivering 12 months’ notice to landlord and paying a termination fee of $406,019. | |||||||||||||
For mortgage loan #25 (Shetland Park), the largest tenant (117,189 square feet), representing 9.8% of net rentable square feet, has the right to terminate its lease at the end of year 7 (September 2020) by providing a 6-month prior written notice and paying a termination fee of $357,051. The third largest tenant (39,093 square feet), representing 3.3% of net rentable square feet, has the right to terminate its lease without any penalty or other charges if sufficient funds are not authorized by the State of Massachusetts to cover its obligations under the lease. The fourth largest tenant (37,408 square feet), representing 3.1% of net rentable square feet, has the right to terminate its lease at any time by providing a one-month prior written notice. | |||||||||||||
For mortgage loan #31 (Central Park Plaza), the largest tenant (20,000 square feet), representing approximately 17.3% of net rentable square feet, has an ongoing option to terminate its lease upon notice that its Federal funding source has been terminated, with 60 days’ notice to landlord. The fourth largest tenant (5,307 square feet), representing approximately 4.6% of net rentable square feet, has the option to terminate its lease in September 2024 with 90 days’ notice to the landlord and payment of a termination fee. | |||||||||||||
For mortgage loan #33 (1305 Tacoma), the largest tenant (42,935 square feet), representing 37.7% of net rentable square feet, may terminate its lease as of May 31, 2024 upon providing six months’ written notice. The fourth largest tenant (8,290 square feet), representing 7.3% of net rentable square feet, may terminate its lease at any time upon providing 90 days’ written notice and payment of all unamortized tenant improvements. The fifth largest tenant (430 square feet), representing 0.4% of net rentable square feet, may terminate its lease at any time upon providing 120 days’ written notice. | |||||||||||||
For mortgage loan #35 (Cordelia Road), the fifth largest tenant (7,152 square feet), representing 7.2% of net rentable square feet, may terminate its lease as of May 31, 2020 or May 31, 2021 upon providing written notice by January 31, 2020 or January 31, 2021, respectively. | |||||||||||||
For mortgage loan #37 (Sunrise Lake), the largest tenant (11,108 square feet), representing 14.9% of net rentable square feet, may terminate its lease in the event that the State of Texas ceases to fund such lease. | |||||||||||||
For mortgage loan #41 (Fort Evans Plaza Office Buildings), the third largest tenant (4,185 square feet), representing 7.0% of net rentable square feet, may terminate its lease as of December 31, 2020 upon providing written notice by July 1, 2020 and payment of termination fees equal to all unamortized free rent, tenant improvements and leasing commissions. | |||||||||||||
For mortgage loan #42 (33rd & 23rd Retail Center), the second largest tenant (20,755 square feet), representing 46.0% of net rentable square feet, may terminate its lease if gross sales are less than $2,000,000 during the trailing twelve months ending December 31, 2023, upon providing written notice within 30 days’ of December 31, 2023. Such termination shall be effective 60 days after the termination notice is received. | |||||||||||||
For mortgage loan #45 (Plaza 273), the second largest tenant (8,808 square feet), representing approximately 11.5% of net rentable square feet, has a one-time right to terminate the lease if the Sponsor’s planned interior renovations on the first floor are not completed by June 30, 2020. | |||||||||||||
For mortgage loan #48 (67 Forest Street), the largest tenant (28,249 square feet), representing approximately 45.1% of net rentable square feet, has an ongoing option to terminate its lease if during any fiscal year sufficient funds for the discharge of its obligations under its lease are not appropriated and authorized, or if, during any fiscal year, funds for the discharge of its obligations under its lease are reduced pursuant to the deficiency of revenue statute of the General Laws of the Commonwealth of Massachusetts. |
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For mortgage loan #59 (County Fair Market Place), the largest tenant (21,678 square feet), representing approximately 38.3% of net rentable square feet, has the option to terminate its lease on or prior to the 180th day following the end of the 5th year of the lease term (notice delivered by July 2024) if, during such 5th year, sales fall below $3,000,000. The lease will terminate 90 days later with payment of a termination fee. The third largest tenant (6,000 square feet), representing approximately 10.6% of net rentable square feet, has the option to terminate its lease at the end of the tenth year (2027) or fifteenth year (2032) of the initial lease term, with 180 days’ notice. | |||||||||||||
(9) | For mortgage loan #7 (Olympia Medical Office), the fourth largest tenant (7,688 square feet), representing 8.5% of net rentable square feet, has multiple lease expiration dates. The tenant has 5,675 square feet expiring on May 31, 2023 and 2,013 square feet expiring on September 30, 2020. | ||||||||||||
For mortgage loan #10 (Mahwah Business Park), the largest tenant (97,328 square feet), representing 25.6% of net rentable square feet, has multiple expiration dates. The tenant has 96,838 square feet expiring on October 31, 2026 and 490 square feet expiring on September 30, 2025. The third largest tenant (33,746 square feet), representing 8.9% of net rentable square feet, has multiple lease expiration dates. The tenant has 18,746 square feet expiring on September 30, 2026 and 15,000 square feet expiring on March 31, 2030. | |||||||||||||
For mortgage loan #25 (Shetland Park), the largest tenant (117,189 square feet), representing 9.8% of net rentable square feet, has multiple expiration dates. The tenant has 114,789 square feet expiring on September 30, 2025 and 2,400 square feet that are month-to-month. The fourth largest tenant (37,408 square feet), representing 3.1% of net rentable square feet, has multiple lease expiration dates. The tenant has 19,151 square feet expiring on May 31, 2021 and 18,257 square feet expiring on May 31, 2023. The fifth largest tenant (27,760 square feet), representing 2.3% of net rentable square feet, has multiple expiration dates. The tenant has 18,830 square feet expiring on November 31, 2027 and 8,930 square feet expiring on April 30, 2023. Additionally, 65 other tenants leasing 70,990 square feet (7.0% of NRA, 10.3% of UW Base Rent) are operating under month to month leases. | |||||||||||||
(10) | For mortgage loan #42 (33rd & 23rd Retail Center), approximately 7% of the mortgaged property is subject to a ground lease, that covers some parking spaces and ingress/egress for the fourth largest tenant (460 square feet), representing 1.0% of net rentable square feet. | ||||||||||||
(11) | For mortgage loan #53 (Jefferson Storage), the land is owned by Clayton Holdings, LLC. The borrower signed a master lease with Jefferson Park Storage LLC, as tenant. Both entities have the same ownership, are co-borrowers under the loan agreement and signed the mortgage. | ||||||||||||
(12) | For mortgage loan #10 (Mahwah Business Park), if the balance in the replacement reserve drops below $500,000, the borrower must make monthly payments in the amount of $7,923.88, subject to a cap of $785,000. If the balance of the replacement reserve does not accumulate to $785,000 by the payment date occurring in July 2026, the borrower is required to pay to the lender the difference between the current account balance and $785,000. | ||||||||||||
For mortgage loan #26 (Best Western Colorado Springs Portfolio), 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. The borrower is required to deposit approximately $103,726 in a seasonality reserve in August and September 2019 and then deposit $25,931 per month according to a schedule across the months of March through October 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 reasonably deems necessary. |
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For mortgage loan #29 (Hampton Inn Sneads Ferry), the monthly capital expenditure deposit means an amount equal to the greater of (a) (i) for the first 24 payment dates, an amount equal to 1/12 of 2.0% of gross income from operations during the calendar year immediately preceding the calendar year in which such payment date occurs, (ii) for the 25th - 36th payment dates, an amount equal to 1/12 of 3% of gross income from operations during the calendar year immediately preceding the calendar year in which such payment date occurs, and (iii) commencing on the 37th payment date and continuing thereafter, an amount equal to 1/12 of 4% of gross income from operations during the calendar year immediately preceding the calendar year in which such payment date occurs; and (b) the aggregate amount, if any, required to be reserved under the management agreement and the franchise agreement. | |||||||||||||
For mortgage loan #39 (Best Western Plus Madison/Huntsville), pursuant to the Mortgage Loan documents, the lender upon at least 30 days’ prior notice may require the borrower to make monthly deposits into a seasonal working capital reserve, provided that the total annual amount of deposits into such reserve may not be increased except (i) in the event of a material change in the monthly fluctuation of occupancy, average daily rate or operating income, (ii) if the debt service coverage ratio as of the end of two consecutive calendar quarters is less than the amount set forth in such Mortgage Loan documents or (iii) if required by any rating agency. | |||||||||||||
For mortgage loan #51 (Holiday Inn Express Shelbyville), the Monthly Replacement Reserve will adjust to 1/12th of 4.0% of the greater of (i) gross revenues for the mortgaged property in the preceding calendar year or (ii) the projected gross revenues for the mortgaged property for the current calendar year according to the most recently submitted annual budget, provided however, that as long no cash sweep period or event of default has occurred and is continuing, the borrower will not be required to make a monthly deposit to the FF&E Reserve Account if the available reserve balance is at least $500,000. | |||||||||||||
For mortgage loan #58 (Best Western Shippensburg), the monthly capital expenditure deposit means an amount equal to the greater of (a) (i) for the first 24 payment dates, an amount equal to 1/12 of 2.0% of gross income from operations during the calendar year immediately preceding the calendar year in which such payment date occurs, (ii) for the 25th - 36th payment dates, an amount equal to 1/12 of 3% of gross income from operations during the calendar year immediately preceding the calendar year in which such payment date occurs, and (iii) commencing on the 37th payment date and continuing thereafter, an amount equal to 1/12 of 4% of gross income from operations during the calendar year immediately preceding the calendar year in which such payment date occurs; and (b) the aggregate amount, if any, required to be reserved under the management agreement and the franchise agreement. | |||||||||||||
For mortgage loan #61 (Peckville Shopping Center), the Monthly Replacement Reserve will increase by two percent (2%) on each anniversary of the first payment date. | |||||||||||||
(13) | For mortgage loan #5 (Capital Plaza), TI/LC underwriting is inclusive of a straight-line credit for the upfront TI/LC reserve equal to $390,000, which is 10.0% of the upfront TI/LC reserve of $3,900,000. At loan closing, $3,900,000 was deposited into a tenant improvement and leasing commission reserve account for future re-tenanting expenses. | ||||||||||||
(14) | For mortgage loan #7 (Olympia Medical Office), the Other Escrow II (Initial) has been released. | ||||||||||||
For mortgage loan #40 (East River Plaza), TI/LC underwriting is inclusive of a straight-line credit for the upfront TI/LC reserve equal to $10,000, which is 10.0% of the upfront TI/LC reserve of $100,000. At loan closing, $100,000 was deposited into a tenant improvement and leasing commission reserve account for future re-tenanting expenses. | |||||||||||||
(15) | For mortgage loan #45 (Plaza 273), 273 Plaza Associates, L.P. is the borrower for the leasehold portion of the mortgaged property and 273 Landcap LLC is the borrower for the fee portion of the mortgaged property. |
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