FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-226486-20 | ||
BANK 2021-BNK34 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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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, BofA Securities, Inc., Morgan Stanley & Co. LLC, Academy Securities, Inc., Drexel Hamilton, LLC, Siebert Williams Shank & Co., LLC 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.
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ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | % of Initial Pool Balance | % of Loan Balance | Mortgage Loan Originator (1) | Mortgage Loan Seller (1) | Related Group | Crossed Group | Address |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | 9.7% | 100.0% | WFB, JPMCB | WFB | NAP | NAP | 375 Pearl Street |
2 | Loan | 6 | 1 | Four Constitution Square | 8.0% | 100.0% | BANA | BANA | Group 1 | NAP | 150 M Street Northeast |
3 | Loan | 7 | 1 | National Cancer Institute Center | 8.0% | 100.0% | WFB | WFB | NAP | NAP | 8560 Progress Drive |
4 | Loan | 8 | 1 | U.S. Steel Tower | 6.8% | 100.0% | MSBNA | MSMCH | NAP | NAP | 600 Grant Street |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | 6.2% | 100.0% | MSBNA | MSMCH | NAP | NAP | 160-08 Jamaica Avenue |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | 5.8% | 100.0% | GSBI, DBRI, JPMCB | WFB | NAP | NAP | 300, 307, 311, 322, 333 Airport Boulevard |
7 | Loan | 1 | Summerhill Pointe Apartments | 5.8% | 100.0% | BANA | BANA | NAP | NAP | 9501 West Sahara Avenue | |
8 | Loan | 14 | 1 | Three Constitution Square | 5.6% | 100.0% | BANA | BANA | Group 1 | NAP | 175 N Street Northeast |
9 | Loan | 1 | Fortune 7 Leased Campus | 4.8% | 100.0% | MSBNA | MSMCH | NAP | NAP | 910 John Street | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | 3.9% | 100.0% | MSBNA | MSMCH | NAP | NAP | 261-275 Amsterdam Avenue |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | 3.1% | WFB | WFB | NAP | NAP | Various | |
11.01 | Property | 1 | Life Storage - New Orleans | 0.8% | 26.9% | 3901 Behrman Place | |||||
11.02 | Property | 1 | Life Storage - Verot School | 0.7% | 23.7% | 2812 Verot School Road | |||||
11.03 | Property | 1 | Life Storage - Evangeline | 0.7% | 21.1% | 2036 Northeast Evangeline Triway | |||||
11.04 | Property | 1 | Life Storage - Johnston | 0.6% | 19.9% | 4403 Johnston Street | |||||
11.05 | Property | 1 | Life Storage - Baton Rouge | 0.3% | 8.4% | 10838 Greenwell Springs Road | |||||
12 | Loan | 1 | League City Town Center | 2.9% | 100.0% | MSBNA | MSMCH | NAP | NAP | 1620, 1660 and 1720 Farm To Market Road 646 and 3030, 3060, 3120, 3130, 3230, 3290 Gulf Fwy S | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | 2.6% | 100.0% | BANA | BANA | NAP | NAP | 775 Ridder Park Drive |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | 1.7% | WFB | WFB | NAP | NAP | Various | |
14.01 | Property | 1 | Securlock - Warner Robins | 0.6% | 35.8% | 4501 Russell Parkway | |||||
14.02 | Property | 1 | Securlock - Dawsonville | 0.6% | 32.7% | 184 Carlisle Road | |||||
14.03 | Property | 1 | Securlock - Snellville | 0.5% | 31.5% | 1573 Athens Highway | |||||
15 | Loan | 20, 21 | 1 | 57 Prince Street | 1.7% | 100.0% | MSBNA | MSMCH | NAP | NAP | 57 Prince Street a/k/a 273-279 Lafayette Street |
16 | Loan | 1 | Euclid Plaza | 1.6% | 100.0% | MSBNA | MSMCH | NAP | NAP | 885, 891, 901, 909, 915, 917 Euclid Avenue and 2525, 2527, 2531 East Plaza Boulevard | |
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | 1.5% | 100.0% | BANA | BANA | NAP | NAP | 200 South Virginia Street |
18 | Loan | 3 | A Storage Place Portfolio | 1.5% | WFB | WFB | NAP | NAP | Various | ||
18.01 | Property | 1 | Montrose Storage | 0.6% | 36.7% | 21717 US Highway 550 | |||||
18.02 | Property | 1 | Alpine Storage | 0.5% | 35.6% | 800 and 824 Chambers Avenue and 875 Sawatch Road | |||||
18.03 | Property | 1 | Eagle Storage | 0.4% | 27.7% | 942 Chambers Court | |||||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | 1.3% | 100.0% | NCCB | NCB | NAP | NAP | 150 East 61st Street |
20 | Loan | 1 | Midtown Mobile | 1.2% | 100.0% | WFB | WFB | NAP | NAP | 100 North Florida Street | |
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | 1.1% | 100.0% | WFB | WFB | NAP | NAP | 13949 Ventura Boulevard |
22 | Loan | 1 | Vista Park Self Storage | 0.9% | 100.0% | BANA | BANA | NAP | NAP | 2845 Vista Boulevard | |
23 | Loan | 1 | 3041 Sunrise Boulevard | 0.9% | 100.0% | WFB | WFB | NAP | NAP | 3041 Sunrise Boulevard | |
24 | Loan | 30 | 1 | Riverdale Commerce Park | 0.9% | 100.0% | WFB | WFB | NAP | NAP | 6302 Riverdale Street |
25 | Loan | 1 | North Ridge Center | 0.9% | 100.0% | WFB | WFB | NAP | NAP | 4010 East 53rd Street | |
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | 0.8% | MSBNA | MSMCH | NAP | NAP | Various | ||
26.01 | Property | 1 | 365 Orchard | 0.3% | 30.5% | 365 Orchard Street and 24 and 28 Kensington Street | |||||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | 0.2% | 29.7% | 103 Ramsdell Street and 68 Anthony Street | |||||
26.03 | Property | 1 | 101 & 115 Dwight | 0.1% | 10.8% | 101 and 115 Dwight Street | |||||
26.04 | Property | 1 | 33 Howe | 0.1% | 7.8% | 33 Howe Street | |||||
26.05 | Property | 1 | 109 Dwight St | 0.1% | 7.5% | 109 Dwight Street | |||||
26.06 | Property | 1 | 38 Tilton | 0.1% | 7.0% | 38 Tilton Street | |||||
26.07 | Property | 1 | 574 George | 0.1% | 6.7% | 574 George Street | |||||
27 | Loan | 1 | StorQuest Brentwood | 0.7% | 100.0% | WFB | WFB | NAP | NAP | 325 Guthrie Lane | |
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | 0.7% | 100.0% | NCCB | NCB | NAP | NAP | 84-01 Main Street a/k/a 84-01 84th Road |
29 | Loan | 1 | Westwood Shopping Center | 0.7% | 100.0% | MSBNA | MSMCH | NAP | NAP | 4400 Hardy Street | |
30 | Loan | 25 | 1 | 31 Jane Street | 0.7% | 100.0% | MSBNA | MSMCH | NAP | NAP | 31 Jane Street AKA 27/31 Jane Street AKA 42-46 8th Avenue AKA 40 1/2 8th Avenue |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | 0.7% | 100.0% | NCCB | NCB | NAP | NAP | 140-18, 140-21 & 140-35 Burden Crescent and 139-09 84th Drive |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | 0.7% | BANA | BANA | NAP | NAP | Various | ||
32.01 | Property | 1 | Estes Park Apartments | 0.5% | 77.3% | 1230 Estes Park Court | |||||
32.02 | Property | 1 | Eastgate Apartments | 0.2% | 22.7% | 3814, 3826, 3834 Beechnut Street | |||||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | 0.6% | 100.0% | NCB | NCB | NAP | NAP | 1-15 Lenox Court, 1-14 Sussex Court and 8-22 Bon Aire Circle |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | 0.5% | 100.0% | NCCB | NCB | NAP | NAP | 215 West 75th Street |
35 | Loan | 1 | Burlington Merrillville IN | 0.5% | 100.0% | MSBNA | MSMCH | NAP | NAP | 2020 East Lincoln Highway | |
36 | Loan | 1 | 928 North San Vicente | 0.5% | 100.0% | MSBNA | MSMCH | NAP | NAP | 928 North San Vicente Boulevard | |
37 | Loan | 31 | 1 | WAG - Nashville | 0.4% | 100.0% | WFB | WFB | NAP | NAP | 206 Crossings Lane |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | 0.3% | 100.0% | NCCB | NCB | NAP | NAP | 10 Bleecker Street |
39 | Loan | 1 | New Albany Self Storage - OH | 0.3% | 100.0% | WFB | WFB | NAP | NAP | 11681 Johnstown Road | |
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | 0.3% | 100.0% | NCCB | NCB | NAP | NAP | 45 West 10th Street |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | 0.3% | 100.0% | NCCB | NCB | NAP | NAP | 101 Clinton Avenue |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | 0.3% | 100.0% | MSBNA | MSMCH | NAP | NAP | 5306 and 5134 Firestone Road |
43 | Loan | 1 | Shamrock MHC | 0.2% | 100.0% | BANA | BANA | NAP | NAP | 1883 Electric Avenue | |
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | 0.2% | 100.0% | NCCB | NCB | NAP | NAP | 302 West 79th Street |
45 | Loan | 1 | CVS – Littleton, MA | 0.2% | 100.0% | BANA | BANA | NAP | NAP | 10 Meetinghouse Road | |
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | 0.2% | 100.0% | NCB | NCB | NAP | NAP | 1501 Chateaufort Place |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | 0.2% | 100.0% | NCB | NCB | NAP | NAP | 309 North Broadway |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | 0.2% | 100.0% | NCB | NCB | NAP | NAP | 55-57 East 76th Street |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | 0.2% | 100.0% | NCCB | NCB | NAP | NAP | 44-20 Douglaston Parkway |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | 0.2% | 100.0% | NCCB | NCB | NAP | NAP | 617 McLean Avenue a/k/a 70 Sherman Avenue a/k/a 75 Lee Avenue |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | 0.2% | 100.0% | NCCB | NCB | NAP | NAP | 36-21 170th Street, 36-24 171st Street, 36-35 171st Street, 36-30 172nd Street, 36-03/11 171st Street a/k/a 170-10 Crocheron Avenue and 36-29 172nd Street |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | 0.1% | 100.0% | NCCB | NCB | NAP | NAP | 203 West 98th Street |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | 0.1% | 100.0% | NCCB | NCB | NAP | NAP | 107-109-111 North 9th Street |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | 0.1% | 100.0% | NCCB | NCB | NAP | NAP | 56 Doyer Avenue |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | 0.1% | 100.0% | NCB | NCB | NAP | NAP | 227 East 87th Street |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | 0.1% | 100.0% | NCCB | NCB | NAP | NAP | 177-179 Columbia Heights |
A-1-1
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | City | County | State | Zip Code | General Property Type | Detailed Property Type | Year Built | Year Renovated | Number of Units | Unit of Measure | Loan Per Unit ($) | Original Balance ($) |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | New York | New York | NY | 10038 | Office | CBD | 1975 | 2018 | 573,083 | SF | 383.89 | 100,000,000 |
2 | Loan | 6 | 1 | Four Constitution Square | Washington | District of Columbia | DC | 20002 | Office | CBD | 2018 | NAP | 493,620 | SF | 279.57 | 83,000,000 |
3 | Loan | 7 | 1 | National Cancer Institute Center | Frederick | Frederick | MD | 21701 | Office | Suburban | 2010 | NAP | 341,271 | SF | 243.21 | 83,000,000 |
4 | Loan | 8 | 1 | U.S. Steel Tower | Pittsburgh | Allegheny | PA | 15219 | Office | CBD | 1970 | 2014 | 2,336,270 | SF | 68.49 | 70,000,000 |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | Jamaica | Queens | NY | 11432 | Retail | Anchored | 1922 | 2019 | 133,607 | SF | 479.02 | 64,000,000 |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | Burlingame | San Mateo | CA | 94010 | Office | Suburban | 2021 | NAP | 805,118 | SF | 471.98 | 60,000,000 |
7 | Loan | 1 | Summerhill Pointe Apartments | Las Vegas | Clark | NV | 89117 | Multifamily | Garden | 1988 | 2020 | 576 | Units | 104,166.67 | 60,000,000 | |
8 | Loan | 14 | 1 | Three Constitution Square | Washington | District of Columbia | DC | 20002 | Office | CBD | 2013 | NAP | 348,697 | SF | 275.31 | 58,000,000 |
9 | Loan | 1 | Fortune 7 Leased Campus | Columbus | Franklin | OH | 43222 | Office | CBD | 2021 | NAP | 231,626 | SF | 336.75 | 50,000,000 | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | New York | New York | NY | 10023 | Mixed Use | Multifamily/Retail | 1906 | 1963 | 146 | Units | 650,684.93 | 40,000,000 |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | Various | Various | LA | Various | Self Storage | Self Storage | Various | NAP | 435,966 | SF | 74.20 | 32,350,000 |
11.01 | Property | 1 | Life Storage - New Orleans | New Orleans | Orleans Parish | LA | 70114 | Self Storage | Self Storage | 2016 | NAP | 101,838 | SF | 8,709,615 | ||
11.02 | Property | 1 | Life Storage - Verot School | Lafayette | Lafayette Parish | LA | 70508 | Self Storage | Self Storage | 2017 | NAP | 90,551 | SF | 7,681,773 | ||
11.03 | Property | 1 | Life Storage - Evangeline | Lafayette | Lafayette Parish | LA | 70501 | Self Storage | Self Storage | 2017 | NAP | 88,826 | SF | 6,816,220 | ||
11.04 | Property | 1 | Life Storage - Johnston | Lafayette | Lafayette Parish | LA | 70503 | Self Storage | Self Storage | 2017 | NAP | 77,813 | SF | 6,437,542 | ||
11.05 | Property | 1 | Life Storage - Baton Rouge | Baton Rouge | East Baton Rouge Parish | LA | 70814 | Self Storage | Self Storage | 2005 | NAP | 76,938 | SF | 2,704,850 | ||
12 | Loan | 1 | League City Town Center | League City | Galveston | TX | 77573 | Retail | Anchored | 2008 | NAP | 195,303 | SF | 153.10 | 29,900,000 | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | San Jose | Santa Clara | CA | 95131 | Leased Fee | Leased Fee | 2008 | NAP | 505,813 | SF | 53.59 | 27,108,900 |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | Various | Various | GA | Various | Self Storage | Self Storage | Various | Various | 304,905 | SF | 59.03 | 18,000,000 |
14.01 | Property | 1 | Securlock - Warner Robins | Warner Robins | Houston | GA | 31088 | Self Storage | Self Storage | 2006 | NAP | 98,580 | SF | 6,435,000 | ||
14.02 | Property | 1 | Securlock - Dawsonville | Dawsonville | Dawson | GA | 30534 | Self Storage | Self Storage | 1997 | 2005 | 108,325 | SF | 5,890,000 | ||
14.03 | Property | 1 | Securlock - Snellville | Grayson | Gwinnett | GA | 30017 | Self Storage | Self Storage | 1999 | NAP | 98,000 | SF | 5,675,000 | ||
15 | Loan | 20, 21 | 1 | 57 Prince Street | New York | New York | NY | 10012 | Mixed Use | Retail/Multifamily | 1910 | 2021 | 20,000 | SF | 880.00 | 17,600,000 |
16 | Loan | 1 | Euclid Plaza | National City | San Diego | CA | 91950 | Retail | Anchored | 1970, 1982, 1983, 1994, 2005 | 2012 | 77,044 | SF | 217.67 | 16,770,000 | |
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | Reno | Washoe | NV | 89501 | Office | CBD | 1982 | NAP | 118,844 | SF | 133.79 | 15,900,000 |
18 | Loan | 3 | A Storage Place Portfolio | Various | Various | CO | Various | Self Storage | Self Storage | Various | Various | 254,023 | SF | 62.20 | 15,800,000 | |
18.01 | Property | 1 | Montrose Storage | Montrose | Montrose | CO | 81403 | Self Storage | Self Storage | 1990 | 2015 | 151,024 | SF | 5,800,000 | ||
18.02 | Property | 1 | Alpine Storage | Eagle | Eagle | CO | 81631 | Self Storage | Self Storage | 1983 | 1995 | 57,824 | SF | 5,622,155 | ||
18.03 | Property | 1 | Eagle Storage | Eagle | Eagle | CO | 81631 | Self Storage | Self Storage | 1995 | 2004 | 45,175 | SF | 4,377,845 | ||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | New York | New York | NY | 10065 | Multifamily | Cooperative | 1961 | 2016 | 124 | Units | 104,838.71 | 13,000,000 |
20 | Loan | 1 | Midtown Mobile | Mobile | Mobile | AL | 36606 | Retail | Anchored | 2018 | NAP | 62,335 | SF | 197.16 | 12,290,000 | |
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | Sherman Oaks | Los Angeles | CA | 91423 | Office | Suburban | 1990 | 2011 | 42,616 | SF | 263.99 | 11,250,000 |
22 | Loan | 1 | Vista Park Self Storage | Sparks | Washoe | NV | 89434 | Self Storage | Self Storage | 1986, 2020 | NAP | 135,462 | SF | 72.35 | 9,800,000 | |
23 | Loan | 1 | 3041 Sunrise Boulevard | Rancho Cordova | Sacramento | CA | 95742 | Industrial | Flex | 1988 | NAP | 130,156 | SF | 72.99 | 9,500,000 | |
24 | Loan | 30 | 1 | Riverdale Commerce Park | San Diego | San Diego | CA | 92120 | Industrial | Flex | 1969 | NAP | 57,576 | SF | 160.66 | 9,250,000 |
25 | Loan | 1 | North Ridge Center | Davenport | Scott | IA | 52807 | Retail | Anchored | 1987 | NAP | 119,381 | SF | 75.68 | 9,035,000 | |
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | New Haven | New Haven | CT | Various | Multifamily | Garden | Various | NAP | 99 | Units | 87,070.71 | 8,620,000 | |
26.01 | Property | 1 | 365 Orchard | New Haven | New Haven | CT | 06511 | Multifamily | Garden | 1967 | NAP | 29 | Units | 2,630,000 | ||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | New Haven | New Haven | CT | 06515 | Multifamily | Garden | 1920, 1962 | NAP | 30 | Units | 2,560,000 | ||
26.03 | Property | 1 | 101 & 115 Dwight | New Haven | New Haven | CT | 06511 | Multifamily | Garden | 1900 | NAP | 10 | Units | 930,000 | ||
26.04 | Property | 1 | 33 Howe | New Haven | New Haven | CT | 06511 | Multifamily | Garden | 1910 | NAP | 6 | Units | 670,000 | ||
26.05 | Property | 1 | 109 Dwight St | New Haven | New Haven | CT | 06511 | Multifamily | Garden | 1900 | NAP | 9 | Units | 650,000 | ||
26.06 | Property | 1 | 38 Tilton | New Haven | New Haven | CT | 06511 | Multifamily | Garden | 1920 | NAP | 6 | Units | 600,000 | ||
26.07 | Property | 1 | 574 George | New Haven | New Haven | CT | 06511 | Multifamily | Garden | 1900 | NAP | 9 | Units | 580,000 | ||
27 | Loan | 1 | StorQuest Brentwood | Brentwood | Contra Costa | CA | 94513 | Self Storage | Self Storage | 2017 | NAP | 88,570 | SF | 84.68 | 7,500,000 | |
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | Jamaica | Queens | NY | 11435 | Multifamily | Cooperative | 1953 | 2007 | 199 | Units | 37,629.19 | 7,500,000 |
29 | Loan | 1 | Westwood Shopping Center | Hattiesburg | Lamar | MS | 39402 | Retail | Shadow Anchored | 1982 | 2018 | 78,277 | SF | 95.04 | 7,450,000 | |
30 | Loan | 25 | 1 | 31 Jane Street | New York | New York | NY | 10014 | Multifamily | Cooperative | 1959 | NAP | 126 | Units | 55,555.56 | 7,000,000 |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | Briarwood | Queens | NY | 11435 | Multifamily | Cooperative | 1952 | 1996 | 234 | Units | 29,914.53 | 7,000,000 |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | Various | Various | Various | Various | Multifamily | Garden | Various | Various | 119 | Units | 58,193.28 | 6,925,000 | |
32.01 | Property | 1 | Estes Park Apartments | Rapid City | Pennington | SD | 57701 | Multifamily | Garden | 1999 | 2021 | 90 | Units | 5,354,381 | ||
32.02 | Property | 1 | Eastgate Apartments | East Helena | Lewis and Clark | MT | 59635 | Multifamily | Garden | 1989 | 2018 | 29 | Units | 1,570,619 | ||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | Suffern | Rockland | NY | 10901 | Multifamily | Cooperative | 1971 | 2005 | 152 | Units | 41,384.27 | 6,300,000 |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | New York | New York | NY | 10023 | Multifamily | Cooperative | 1924 | 2018 | 105 | Units | 52,332.98 | 5,500,000 |
35 | Loan | 1 | Burlington Merrillville IN | Merrillville | Lake | IN | 46410 | Retail | Single Tenant | 1979 | 2020 | 44,135 | SF | 113.14 | 5,000,000 | |
36 | Loan | 1 | 928 North San Vicente | West Hollywood | Los Angeles | CA | 90069 | Multifamily | Garden | 1958 | NAP | 24 | Units | 204,166.67 | 4,900,000 | |
37 | Loan | 31 | 1 | WAG - Nashville | Mount Juliet | Wilson | TN | 37122 | Retail | Single Tenant | 2007 | NAP | 14,967 | SF | 300.66 | 4,500,000 |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | New York | New York | NY | 10012 | Multifamily | Cooperative | 1905 | 2014 | 22 | Units | 159,090.91 | 3,500,000 |
39 | Loan | 1 | New Albany Self Storage - OH | New Albany | Franklin | OH | 43054 | Self Storage | Self Storage | 2009 | 2019 | 48,300 | SF | 66.25 | 3,200,000 | |
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | New York | New York | NY | 10011 | Multifamily | Cooperative | 1954 | 2020 | 82 | Units | 36,585.37 | 3,000,000 |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | Mineola | Nassau | NY | 11501 | Multifamily | Cooperative | 1968 | 2006 | 74 | Units | 40,540.54 | 3,000,000 |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | Jacksonville | Duval | FL | 32210 | Mixed Use | Self Storage/Retail | 1984 | 2018 | 37,225 | SF | 71.86 | 2,675,000 |
43 | Loan | 1 | Shamrock MHC | Lackawanna | Erie | NY | 14218 | Manufactured Housing | Manufactured Housing | 1955 | 2018-2020 | 96 | Pads | 26,041.67 | 2,500,000 | |
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | New York | New York | NY | 10024 | Multifamily | Cooperative | 1905 | 2013 | 42 | Units | 52,380.95 | 2,200,000 |
45 | Loan | 1 | CVS – Littleton, MA | Littleton | Middlesex | MA | 01460 | Retail | Single Tenant | 1995 | NAP | 8,775 | SF | 250.71 | 2,200,000 | |
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | Detroit | Wayne | MI | 48207 | Multifamily | Cooperative | 1962 | 2000 | 60 | Units | 35,000.00 | 2,100,000 |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | Yonkers | Westchester | NY | 10701 | Multifamily | Cooperative | 1953 | 2016 | 54 | Units | 38,888.89 | 2,100,000 |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | New York | New York | NY | 10021 | Multifamily | Cooperative | 1882 | 2006 | 20 | Units | 92,500.00 | 1,850,000 |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | Douglaston | Queens | NY | 11363 | Multifamily | Cooperative | 1963 | 2006 | 44 | Units | 36,818.18 | 1,620,000 |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | Yonkers | Westchester | NY | 10705 | Multifamily | Cooperative | 1950 | 1999 | 30 | Units | 53,333.33 | 1,600,000 |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | Auburndale | Queens | NY | 11358 | Multifamily | Cooperative | 1950 | 2006 | 85 | Units | 18,513.23 | 1,575,000 |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | New York | New York | NY | 10025 | Multifamily | Cooperative | 1915 | 2020 | 30 | Units | 49,926.17 | 1,500,000 |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | Brooklyn | Kings | NY | 11249 | Multifamily | Cooperative | 1900 | 2015 | 14 | Units | 103,571.43 | 1,450,000 |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | White Plains | Westchester | NY | 10605 | Multifamily | Cooperative | 1966 | 2013 | 32 | Units | 42,968.75 | 1,375,000 |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | New York | New York | NY | 10128 | Multifamily | Cooperative | 1893 | 2008 | 18 | Units | 66,666.67 | 1,200,000 |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | Brooklyn | Kings | NY | 11201 | Multifamily | Cooperative | 1865 | 2009 | 29 | Units | 34,430.90 | 1,000,000 |
A-1-2
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Cut-off Date Balance ($) | Maturity/ARD Balance ($) | Interest Rate % | Administrative Fee Rate % | Net Mortgage Rate % | Monthly Debt Service (P&I) ($) | Monthly Debt Service (IO) ($) | Annual Debt Service (P&I) ($) | Annual Debt Service (IO) ($) |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | 100,000,000 | 100,000,000 | 3.36818% | 0.01443% | 3.35375% | NAP | 284,580.18 | NAP | 3,414,962.16 |
2 | Loan | 6 | 1 | Four Constitution Square | 83,000,000 | 83,000,000 | 2.53650% | 0.01443% | 2.52207% | NAP | 177,877.93 | NAP | 2,134,535.16 |
3 | Loan | 7 | 1 | National Cancer Institute Center | 83,000,000 | 83,000,000 | 2.75900% | 0.01443% | 2.74457% | NAP | 193,481.26 | NAP | 2,321,775.12 |
4 | Loan | 8 | 1 | U.S. Steel Tower | 70,000,000 | 70,000,000 | 3.68297% | 0.01443% | 3.66854% | NAP | 217,823.75 | NAP | 2,613,885.00 |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | 64,000,000 | 64,000,000 | 3.92000% | 0.01443% | 3.90557% | NAP | 211,970.37 | NAP | 2,543,644.44 |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | 60,000,000 | 60,000,000 | 3.01680% | 0.01443% | 3.00237% | NAP | 152,935.00 | NAP | 1,835,220.00 |
7 | Loan | 1 | Summerhill Pointe Apartments | 60,000,000 | 60,000,000 | 3.54800% | 0.01443% | 3.53357% | NAP | 179,863.89 | NAP | 2,158,366.68 | |
8 | Loan | 14 | 1 | Three Constitution Square | 58,000,000 | 58,000,000 | 2.57850% | 0.01443% | 2.56407% | NAP | 126,358.44 | NAP | 1,516,301.28 |
9 | Loan | 1 | Fortune 7 Leased Campus | 50,000,000 | 50,000,000 | 2.90000% | 0.01443% | 2.88557% | NAP | 122,511.57 | NAP | 1,470,138.84 | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | 40,000,000 | 40,000,000 | 3.55000% | 0.01443% | 3.53557% | NAP | 119,976.85 | NAP | 1,439,722.20 |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | 32,350,000 | 32,350,000 | 3.05500% | 0.01443% | 3.04057% | NAP | 83,501.57 | NAP | 1,002,018.84 |
11.01 | Property | 1 | Life Storage - New Orleans | 8,709,615 | 8,709,615 | ||||||||
11.02 | Property | 1 | Life Storage - Verot School | 7,681,773 | 7,681,773 | ||||||||
11.03 | Property | 1 | Life Storage - Evangeline | 6,816,220 | 6,816,220 | ||||||||
11.04 | Property | 1 | Life Storage - Johnston | 6,437,542 | 6,437,542 | ||||||||
11.05 | Property | 1 | Life Storage - Baton Rouge | 2,704,850 | 2,704,850 | ||||||||
12 | Loan | 1 | League City Town Center | 29,900,000 | 29,900,000 | 3.62500% | 0.01443% | 3.61057% | NAP | 91,577.40 | NAP | 1,098,928.80 | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | 27,108,900 | 27,108,900 | 3.55000% | 0.01443% | 3.53557% | NAP | 81,311.01 | NAP | 975,732.12 |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | 18,000,000 | 18,000,000 | 3.02100% | 0.01443% | 3.00657% | NAP | 45,944.38 | NAP | 551,332.56 |
14.01 | Property | 1 | Securlock - Warner Robins | 6,435,000 | 6,435,000 | ||||||||
14.02 | Property | 1 | Securlock - Dawsonville | 5,890,000 | 5,890,000 | ||||||||
14.03 | Property | 1 | Securlock - Snellville | 5,675,000 | 5,675,000 | ||||||||
15 | Loan | 20, 21 | 1 | 57 Prince Street | 17,600,000 | 17,600,000 | 4.21500% | 0.01443% | 4.20057% | NAP | 62,678.61 | NAP | 752,143.32 |
16 | Loan | 1 | Euclid Plaza | 16,770,000 | 16,770,000 | 3.90000% | 0.01443% | 3.88557% | NAP | 55,259.48 | NAP | 663,113.76 | |
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | 15,900,000 | 15,900,000 | 3.61700% | 0.04443% | 3.57257% | NAP | 48,590.88 | NAP | 583,090.56 |
18 | Loan | 3 | A Storage Place Portfolio | 15,800,000 | 15,800,000 | 3.23200% | 0.01443% | 3.21757% | NAP | 43,145.70 | NAP | 517,748.40 | |
18.01 | Property | 1 | Montrose Storage | 5,800,000 | 5,800,000 | ||||||||
18.02 | Property | 1 | Alpine Storage | 5,622,155 | 5,622,155 | ||||||||
18.03 | Property | 1 | Eagle Storage | 4,377,845 | 4,377,845 | ||||||||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | 13,000,000 | 13,000,000 | 3.25000% | 0.08943% | 3.16057% | NAP | 35,697.34 | NAP | 428,368.08 |
20 | Loan | 1 | Midtown Mobile | 12,290,000 | 12,290,000 | 3.56400% | 0.01443% | 3.54957% | NAP | 37,008.26 | NAP | 444,099.12 | |
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | 11,250,000 | 11,250,000 | 3.39600% | 0.01443% | 3.38157% | NAP | 32,279.69 | NAP | 387,356.28 |
22 | Loan | 1 | Vista Park Self Storage | 9,800,000 | 9,800,000 | 3.47250% | 0.01443% | 3.45807% | NAP | 28,752.62 | NAP | 345,031.44 | |
23 | Loan | 1 | 3041 Sunrise Boulevard | 9,500,000 | 9,168,106 | 3.71100% | 0.04443% | 3.66657% | 43,786.01 | 29,786.79 | 525,432.12 | 357,441.48 | |
24 | Loan | 30 | 1 | Riverdale Commerce Park | 9,250,000 | 9,250,000 | 3.88500% | 0.01443% | 3.87057% | NAP | 30,362.80 | NAP | 364,353.60 |
25 | Loan | 1 | North Ridge Center | 9,035,000 | 9,035,000 | 3.26600% | 0.01443% | 3.25157% | NAP | 24,931.79 | NAP | 299,181.48 | |
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | 8,620,000 | 7,501,527 | 4.17000% | 0.01443% | 4.15557% | 42,002.48 | 30,370.53 | 504,029.76 | 364,446.36 | |
26.01 | Property | 1 | 365 Orchard | 2,630,000 | 2,288,749 | ||||||||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | 2,560,000 | 2,227,832 | ||||||||
26.03 | Property | 1 | 101 & 115 Dwight | 930,000 | 809,329 | ||||||||
26.04 | Property | 1 | 33 Howe | 670,000 | 583,065 | ||||||||
26.05 | Property | 1 | 109 Dwight St | 650,000 | 565,660 | ||||||||
26.06 | Property | 1 | 38 Tilton | 600,000 | 522,148 | ||||||||
26.07 | Property | 1 | 574 George | 580,000 | 504,743 | ||||||||
27 | Loan | 1 | StorQuest Brentwood | 7,500,000 | 7,500,000 | 3.34200% | 0.06193% | 3.28007% | NAP | 21,177.60 | NAP | 254,131.20 | |
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | 7,488,208 | 5,795,884 | 3.19000% | 0.08943% | 3.10057% | 32,394.01 | NAP | 388,728.12 | NAP |
29 | Loan | 1 | Westwood Shopping Center | 7,439,837 | 5,908,252 | 3.88000% | 0.07193% | 3.80807% | 35,053.97 | NAP | 420,647.64 | NAP | |
30 | Loan | 25 | 1 | 31 Jane Street | 7,000,000 | 7,000,000 | 2.81500% | 0.01443% | 2.80057% | NAP | 16,648.90 | NAP | 199,786.80 |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | 7,000,000 | 7,000,000 | 3.34000% | 0.08943% | 3.25057% | NAP | 19,753.94 | NAP | 237,047.28 |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | 6,925,000 | 6,256,411 | 3.63000% | 0.01443% | 3.61557% | 31,601.04 | 21,239.07 | 379,212.48 | 254,868.84 | |
32.01 | Property | 1 | Estes Park Apartments | 5,354,381 | 4,837,431 | ||||||||
32.02 | Property | 1 | Eastgate Apartments | 1,570,619 | 1,418,980 | ||||||||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | 6,290,409 | 4,898,623 | 3.35000% | 0.08943% | 3.26057% | 27,764.95 | NAP | 333,179.40 | NAP |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | 5,494,962 | 4,750,885 | 3.29000% | 0.08943% | 3.20057% | 20,619.37 | NAP | 247,432.44 | NAP |
35 | Loan | 1 | Burlington Merrillville IN | 4,993,422 | 3,989,586 | 4.05000% | 0.01443% | 4.03557% | 24,015.12 | NAP | 288,181.44 | NAP | |
36 | Loan | 1 | 928 North San Vicente | 4,900,000 | 4,900,000 | 4.79000% | 0.01443% | 4.77557% | NAP | 19,830.82 | NAP | 237,969.84 | |
37 | Loan | 31 | 1 | WAG - Nashville | 4,500,000 | 4,500,000 | 4.04000% | 0.01443% | 4.02557% | NAP | 15,360.42 | NAP | 184,325.04 |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | 3,500,000 | 3,500,000 | 3.37000% | 0.08943% | 3.28057% | NAP | 9,965.68 | NAP | 119,588.16 |
39 | Loan | 1 | New Albany Self Storage - OH | 3,200,000 | 2,782,900 | 4.13500% | 0.01443% | 4.12057% | 15,527.39 | 11,179.81 | 186,328.68 | 134,157.72 | |
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | 3,000,000 | 2,592,799 | 3.31000% | 0.08943% | 3.22057% | 11,282.36 | NAP | 135,388.32 | NAP |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | 3,000,000 | 3,000,000 | 3.37000% | 0.08943% | 3.28057% | NAP | 8,542.01 | NAP | 102,504.12 |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | 2,675,000 | 2,675,000 | 4.10000% | 0.06443% | 4.03557% | NAP | 9,266.52 | NAP | 111,198.24 |
43 | Loan | 1 | Shamrock MHC | 2,500,000 | 2,500,000 | 4.69500% | 0.01443% | 4.68057% | NAP | 9,917.10 | NAP | 119,005.20 | |
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | 2,200,000 | 1,705,822 | 3.28000% | 0.08943% | 3.19057% | 9,610.80 | NAP | 115,329.60 | NAP |
45 | Loan | 1 | CVS – Littleton, MA | 2,200,000 | 2,200,000 | 4.04000% | 0.01443% | 4.02557% | NAP | 7,509.54 | NAP | 90,114.48 | |
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | 2,100,000 | 1,264,111 | 3.75000% | 0.08943% | 3.66057% | 12,450.65 | NAP | 149,407.80 | NAP |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | 2,100,000 | 2,100,000 | 3.36000% | 0.08943% | 3.27057% | NAP | 5,961.67 | NAP | 71,540.04 |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | 1,850,000 | 1,850,000 | 3.56000% | 0.08943% | 3.47057% | NAP | 5,564.56 | NAP | 66,774.72 |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | 1,620,000 | 1,267,128 | 3.51000% | 0.08943% | 3.42057% | 7,283.57 | NAP | 87,402.84 | NAP |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | 1,600,000 | 1,390,564 | 3.48000% | 0.08943% | 3.39057% | 6,179.08 | NAP | 74,148.96 | NAP |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | 1,573,625 | 1,367,681 | 3.45000% | 0.08943% | 3.36057% | 6,054.27 | NAP | 72,651.24 | NAP |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | 1,497,785 | 1,172,992 | 3.50000% | 0.08943% | 3.41057% | 6,735.67 | NAP | 80,828.04 | NAP |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | 1,450,000 | 1,132,879 | 3.48000% | 0.08943% | 3.39057% | 6,494.97 | NAP | 77,939.64 | NAP |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | 1,375,000 | 1,071,848 | 3.42000% | 0.08943% | 3.33057% | 6,113.13 | NAP | 73,357.56 | NAP |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | 1,200,000 | 936,847 | 3.46000% | 0.08943% | 3.37057% | 5,361.78 | NAP | 64,341.36 | NAP |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | 998,496 | 779,338 | 3.41000% | 0.08943% | 3.32057% | 4,440.36 | NAP | 53,284.32 | NAP |
A-1-3
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Amortization Type | ARD Loan (Yes / No) | Interest Accrual Method | Original Interest-Only Period (Mos.) | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) | Remaining Amortization Term (Mos.) | Origination Date | Seasoning (Mos.) | Payment Due Date |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 6/1/2021 | 0 | 11 |
2 | Loan | 6 | 1 | Four Constitution Square | Interest Only - ARD | Yes | Actual/360 | 113 | 113 | 113 | 113 | 0 | 0 | 5/14/2021 | 0 | 1 |
3 | Loan | 7 | 1 | National Cancer Institute Center | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 6/1/2021 | 0 | 11 |
4 | Loan | 8 | 1 | U.S. Steel Tower | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 5/6/2021 | 0 | 1 |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/24/2021 | 0 | 1 |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | Interest Only - Amortizing ARD | Yes | Actual/360 | 111 | 109 | 111 | 109 | 0 | 0 | 4/1/2021 | 2 | 6 |
7 | Loan | 1 | Summerhill Pointe Apartments | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/11/2021 | 0 | 1 | |
8 | Loan | 14 | 1 | Three Constitution Square | Interest Only - ARD | Yes | Actual/360 | 119 | 119 | 119 | 119 | 0 | 0 | 5/14/2021 | 0 | 1 |
9 | Loan | 1 | Fortune 7 Leased Campus | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/23/2021 | 1 | 5 | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/27/2021 | 1 | 1 |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/21/2021 | 0 | 11 |
11.01 | Property | 1 | Life Storage - New Orleans | |||||||||||||
11.02 | Property | 1 | Life Storage - Verot School | |||||||||||||
11.03 | Property | 1 | Life Storage - Evangeline | |||||||||||||
11.04 | Property | 1 | Life Storage - Johnston | |||||||||||||
11.05 | Property | 1 | Life Storage - Baton Rouge | |||||||||||||
12 | Loan | 1 | League City Town Center | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/21/2021 | 0 | 1 | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/19/2021 | 0 | 1 |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/10/2021 | 1 | 11 |
14.01 | Property | 1 | Securlock - Warner Robins | |||||||||||||
14.02 | Property | 1 | Securlock - Dawsonville | |||||||||||||
14.03 | Property | 1 | Securlock - Snellville | |||||||||||||
15 | Loan | 20, 21 | 1 | 57 Prince Street | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/26/2021 | 1 | 1 |
16 | Loan | 1 | Euclid Plaza | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/21/2021 | 1 | 1 | |
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | Interest Only | No | Actual/360 | 121 | 121 | 121 | 121 | 0 | 0 | 6/2/2021 | 0 | 1 |
18 | Loan | 3 | A Storage Place Portfolio | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/6/2021 | 1 | 11 | |
18.01 | Property | 1 | Montrose Storage | |||||||||||||
18.02 | Property | 1 | Alpine Storage | |||||||||||||
18.03 | Property | 1 | Eagle Storage | |||||||||||||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/21/2021 | 0 | 1 |
20 | Loan | 1 | Midtown Mobile | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/6/2021 | 1 | 11 | |
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/4/2021 | 1 | 11 |
22 | Loan | 1 | Vista Park Self Storage | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/7/2021 | 0 | 1 | |
23 | Loan | 1 | 3041 Sunrise Boulevard | Interest Only, Amortizing Balloon | No | Actual/360 | 60 | 59 | 84 | 83 | 360 | 360 | 4/30/2021 | 1 | 11 | |
24 | Loan | 30 | 1 | Riverdale Commerce Park | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/14/2021 | 0 | 11 |
25 | Loan | 1 | North Ridge Center | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/20/2021 | 1 | 11 | |
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | Interest Only, Amortizing Balloon | No | Actual/360 | 36 | 36 | 120 | 120 | 360 | 360 | 5/7/2021 | 0 | 1 | |
26.01 | Property | 1 | 365 Orchard | |||||||||||||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | |||||||||||||
26.03 | Property | 1 | 101 & 115 Dwight | |||||||||||||
26.04 | Property | 1 | 33 Howe | |||||||||||||
26.05 | Property | 1 | 109 Dwight St | |||||||||||||
26.06 | Property | 1 | 38 Tilton | |||||||||||||
26.07 | Property | 1 | 574 George | |||||||||||||
27 | Loan | 1 | StorQuest Brentwood | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/18/2021 | 0 | 11 | |
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 4/29/2021 | 1 | 1 |
29 | Loan | 1 | Westwood Shopping Center | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 4/19/2021 | 1 | 1 | |
30 | Loan | 25 | 1 | 31 Jane Street | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/6/2021 | 0 | 1 |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/19/2021 | 0 | 1 |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | Interest Only, Amortizing Balloon | No | Actual/360 | 60 | 60 | 120 | 120 | 360 | 360 | 5/21/2021 | 0 | 1 | |
32.01 | Property | 1 | Estes Park Apartments | |||||||||||||
32.02 | Property | 1 | Eastgate Apartments | |||||||||||||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 4/23/2021 | 1 | 1 |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 480 | 479 | 4/26/2021 | 1 | 1 |
35 | Loan | 1 | Burlington Merrillville IN | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 4/30/2021 | 1 | 1 | |
36 | Loan | 1 | 928 North San Vicente | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/18/2021 | 0 | 1 | |
37 | Loan | 31 | 1 | WAG - Nashville | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/18/2021 | 0 | 11 |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/29/2021 | 1 | 1 |
39 | Loan | 1 | New Albany Self Storage - OH | Interest Only, Amortizing Balloon | No | Actual/360 | 36 | 35 | 120 | 119 | 360 | 360 | 4/28/2021 | 1 | 11 | |
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 120 | 480 | 480 | 5/20/2021 | 0 | 1 |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/10/2021 | 0 | 1 |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/19/2021 | 0 | 1 |
43 | Loan | 1 | Shamrock MHC | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/26/2021 | 1 | 1 | |
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 120 | 360 | 360 | 5/18/2021 | 0 | 1 |
45 | Loan | 1 | CVS – Littleton, MA | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/30/2021 | 1 | 1 | |
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 120 | 240 | 240 | 5/20/2021 | 0 | 1 |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/12/2021 | 0 | 1 |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/21/2021 | 0 | 1 |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 120 | 360 | 360 | 5/21/2021 | 0 | 1 |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 120 | 480 | 480 | 5/19/2021 | 0 | 1 |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 480 | 479 | 4/27/2021 | 1 | 1 |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 4/28/2021 | 1 | 1 |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 120 | 360 | 360 | 5/21/2021 | 0 | 1 |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 120 | 360 | 360 | 5/20/2021 | 0 | 1 |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 120 | 360 | 360 | 5/19/2021 | 0 | 1 |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 4/28/2021 | 1 | 1 |
A-1-4
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | First Payment Date | First P&I Payment Date | Maturity Date or Anticipated Repayment Date | Final Maturity Date | Grace Period - Late Fee (Days) | Grace Period - Default (Days) | Prepayment Provision | Most Recent EGI ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent NOI Date |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | 7/11/2021 | NAP | 6/11/2031 | NAP | 0 | 0 | L(24),D(89),O(7) | 23,292,668 | 10,838,156 | 12,454,512 | 12/31/2020 |
2 | Loan | 6 | 1 | Four Constitution Square | 7/1/2021 | NAP | 11/1/2030 | 10/1/2033 | 0 | 0 | L(24),D(86),O(3) | 25,120,448 | 7,653,474 | 17,466,974 | 12/31/2020 |
3 | Loan | 7 | 1 | National Cancer Institute Center | 7/11/2021 | NAP | 6/11/2031 | NAP | 0 | 0 | L(24),YM1(89),O(7) | 11,994,673 | 2,814,143 | 9,180,530 | 12/31/2020 |
4 | Loan | 8 | 1 | U.S. Steel Tower | 7/1/2021 | NAP | 6/1/2026 | NAP | 5 | 5 | L(24),D(32),O(4) | 51,267,871 | 26,570,303 | 24,697,568 | 12/31/2020 |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | 7/1/2021 | NAP | 6/1/2031 | NAP | 5 | 5 | L(24),D(92),O(4) | NAV | NAV | NAV | NAV |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | 5/6/2021 | NAP | 7/6/2030 | 1/6/2033 | 0 | 0 | L(26),D(79),O(6) | NAP | NAP | NAP | NAP |
7 | Loan | 1 | Summerhill Pointe Apartments | 7/1/2021 | NAP | 6/1/2031 | NAP | 0 | 0 | L(24),D(92),O(4) | 7,963,531 | 3,048,957 | 4,914,574 | 3/31/2021 | |
8 | Loan | 14 | 1 | Three Constitution Square | 7/1/2021 | NAP | 5/1/2031 | 2/1/2032 | 0 | 0 | L(24),D(88),O(7) | 18,567,617 | 5,288,371 | 13,279,246 | 12/31/2020 |
9 | Loan | 1 | Fortune 7 Leased Campus | 6/5/2021 | NAP | 5/5/2031 | NAP | 3 | 3 | L(25),D(88),O(7) | NAV | NAV | NAV | NAV | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | 6/1/2021 | NAP | 5/1/2031 | NAP | 5 | 5 | L(23),YM1(2),DorYM1(88),O(7) | 10,978,180 | 4,978,635 | 5,999,545 | 3/31/2021 |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | 7/11/2021 | NAP | 6/11/2031 | NAP | 0 | 0 | L(24),D(92),O(4) | 4,314,735 | 1,371,106 | 2,943,629 | 3/31/2021 |
11.01 | Property | 1 | Life Storage - New Orleans | 1,310,547 | 342,954 | 967,593 | 3/31/2021 | ||||||||
11.02 | Property | 1 | Life Storage - Verot School | 909,432 | 291,925 | 617,507 | 3/31/2021 | ||||||||
11.03 | Property | 1 | Life Storage - Evangeline | 735,137 | 267,829 | 467,308 | 3/31/2021 | ||||||||
11.04 | Property | 1 | Life Storage - Johnston | 841,923 | 277,976 | 563,947 | 3/31/2021 | ||||||||
11.05 | Property | 1 | Life Storage - Baton Rouge | 517,696 | 190,422 | 327,274 | 3/31/2021 | ||||||||
12 | Loan | 1 | League City Town Center | 7/1/2021 | NAP | 6/1/2031 | NAP | 5 | 5 | L(24),D(91),O(5) | 4,273,427 | 1,135,817 | 3,137,610 | 12/31/2020 | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | 7/1/2021 | NAP | 6/1/2031 | NAP | 0 | 0 | L(24),D(91),O(5) | 2,145,000 | 22,153 | 2,122,847 | 12/31/2020 |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | 6/11/2021 | NAP | 5/11/2031 | NAP | 0 | 0 | L(25),D(90),O(5) | 2,823,961 | 975,790 | 1,848,171 | 3/31/2021 |
14.01 | Property | 1 | Securlock - Warner Robins | 979,339 | 323,641 | 655,698 | 12/31/2021 | ||||||||
14.02 | Property | 1 | Securlock - Dawsonville | 904,969 | 300,174 | 604,795 | 3/31/2021 | ||||||||
14.03 | Property | 1 | Securlock - Snellville | 939,653 | 351,975 | 587,678 | 3/31/2021 | ||||||||
15 | Loan | 20, 21 | 1 | 57 Prince Street | 6/1/2021 | NAP | 5/1/2031 | NAP | 0 | 5 | L(25),D(91),O(4) | 1,908,054 | 623,202 | 1,284,852 | 4/30/2021 |
16 | Loan | 1 | Euclid Plaza | 6/1/2021 | NAP | 5/1/2031 | NAP | 5 | 5 | L(25),D(90),O(5) | 1,929,969 | 524,234 | 1,405,734 | 3/31/2021 | |
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | 7/1/2021 | NAP | 7/1/2031 | NAP | 5 | 4 | L(24),D(92),O(5) | 2,684,288 | 1,257,802 | 1,426,486 | 3/31/2021 |
18 | Loan | 3 | A Storage Place Portfolio | 6/11/2021 | NAP | 5/11/2031 | NAP | 0 | 0 | L(25),D(91),O(4) | 2,201,562 | 775,274 | 1,426,288 | 3/31/2021 | |
18.01 | Property | 1 | Montrose Storage | 858,678 | 325,145 | 533,533 | 3/31/2021 | ||||||||
18.02 | Property | 1 | Alpine Storage | 767,765 | 253,876 | 513,890 | 3/31/2021 | ||||||||
18.03 | Property | 1 | Eagle Storage | 575,119 | 196,253 | 378,866 | 3/31/2021 | ||||||||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | 7/1/2021 | NAP | 6/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
20 | Loan | 1 | Midtown Mobile | 6/11/2021 | NAP | 5/11/2031 | NAP | 0 | 0 | L(25),D(91),O(4) | 1,525,514 | 391,389 | 1,134,126 | 2/28/2021 | |
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | 6/11/2021 | NAP | 5/11/2031 | NAP | 0 | 0 | L(25),D(91),O(4) | 1,629,903 | 646,525 | 983,378 | 2/28/2021 |
22 | Loan | 1 | Vista Park Self Storage | 7/1/2021 | NAP | 6/1/2031 | NAP | 5 | 4 | L(24),D(92),O(4) | 1,070,933 | 290,594 | 780,339 | 3/31/2021 | |
23 | Loan | 1 | 3041 Sunrise Boulevard | 6/11/2021 | 6/11/2026 | 5/11/2028 | NAP | 0 | 0 | L(25),D(55),O(4) | NAV | NAV | NAV | NAV | |
24 | Loan | 30 | 1 | Riverdale Commerce Park | 7/11/2021 | NAP | 6/11/2031 | NAP | 0 | 0 | L(24),D(92),O(4) | 987,664 | 206,927 | 780,737 | 3/31/2021 |
25 | Loan | 1 | North Ridge Center | 6/11/2021 | NAP | 5/11/2031 | NAP | 0 | 0 | L(25),D(91),O(4) | 1,574,879 | 575,102 | 999,777 | 12/31/2020 | |
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | 7/1/2021 | 7/1/2024 | 6/1/2031 | NAP | 5 | 5 | L(24),D(92),O(4) | 1,129,356 | 411,434 | 717,922 | 4/30/2021 | |
26.01 | Property | 1 | 365 Orchard | NAV | NAV | NAV | NAV | ||||||||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | NAV | NAV | NAV | NAV | ||||||||
26.03 | Property | 1 | 101 & 115 Dwight | NAV | NAV | NAV | NAV | ||||||||
26.04 | Property | 1 | 33 Howe | NAV | NAV | NAV | NAV | ||||||||
26.05 | Property | 1 | 109 Dwight St | NAV | NAV | NAV | NAV | ||||||||
26.06 | Property | 1 | 38 Tilton | NAV | NAV | NAV | NAV | ||||||||
26.07 | Property | 1 | 574 George | NAV | NAV | NAV | NAV | ||||||||
27 | Loan | 1 | StorQuest Brentwood | 7/11/2021 | NAP | 6/11/2031 | NAP | 0 | 0 | L(24),DorYM1(89),O(7) | 1,221,105 | 358,119 | 862,986 | 3/31/2021 | |
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | 6/1/2021 | 6/1/2021 | 5/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
29 | Loan | 1 | Westwood Shopping Center | 6/1/2021 | 6/1/2021 | 5/1/2031 | NAP | 5 | 5 | L(25),D(91),O(4) | 1,133,885 | 271,965 | 861,920 | 2/28/2021 | |
30 | Loan | 25 | 1 | 31 Jane Street | 7/1/2021 | NAP | 6/1/2031 | NAP | 5 | 5 | L(23),YM1(92),O(5) | NAV | NAV | NAV | NAV |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | 7/1/2021 | NAP | 6/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | 7/1/2021 | 7/1/2026 | 6/1/2031 | NAP | 5 | 4 | L(24),YM1(92),O(4) | 1,022,768 | 356,177 | 666,591 | 3/31/2021 | |
32.01 | Property | 1 | Estes Park Apartments | 771,852 | 275,761 | 496,091 | 3/31/2021 | ||||||||
32.02 | Property | 1 | Eastgate Apartments | 250,916 | 80,416 | 170,500 | 3/31/2021 | ||||||||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | 6/1/2021 | 6/1/2021 | 5/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | 6/1/2021 | 6/1/2021 | 5/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
35 | Loan | 1 | Burlington Merrillville IN | 6/1/2021 | 6/1/2021 | 5/1/2031 | NAP | 0 | 5 | L(24),YM1(89),O(7) | NAV | NAV | NAV | NAV | |
36 | Loan | 1 | 928 North San Vicente | 7/1/2021 | NAP | 6/1/2031 | NAP | 5 | 5 | L(24),D(92),O(4) | 533,843 | 133,946 | 399,897 | 3/31/2021 | |
37 | Loan | 31 | 1 | WAG - Nashville | 7/11/2021 | NAP | 6/11/2031 | NAP | 0 | 0 | L(24),D(92),O(4) | NAV | NAV | NAV | NAV |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | 6/1/2021 | NAP | 5/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
39 | Loan | 1 | New Albany Self Storage - OH | 6/11/2021 | 6/11/2024 | 5/11/2031 | NAP | 0 | 0 | L(25),D(91),O(4) | 379,163 | 140,696 | 238,467 | 3/31/2021 | |
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | 7/1/2021 | 7/1/2021 | 6/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | 7/1/2021 | NAP | 6/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | 7/1/2021 | NAP | 6/1/2031 | NAP | 5 | 5 | L(24),D(92),O(4) | 370,839 | 214,741 | 156,098 | 3/31/2021 |
43 | Loan | 1 | Shamrock MHC | 6/1/2021 | NAP | 5/1/2031 | NAP | 5 | 4 | L(25),YM1(91),O(4) | 400,630 | 153,215 | 247,415 | 3/31/2021 | |
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | 7/1/2021 | 7/1/2021 | 6/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
45 | Loan | 1 | CVS – Littleton, MA | 6/1/2021 | NAP | 5/1/2031 | NAP | 5 | 4 | L(23),YM1(92),O(5) | 186,000 | 3,720 | 182,280 | 12/31/2020 | |
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | 7/1/2021 | 7/1/2021 | 6/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | 7/1/2021 | NAP | 6/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | 7/1/2021 | NAP | 6/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | 7/1/2021 | 7/1/2021 | 6/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | 7/1/2021 | 7/1/2021 | 6/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | 6/1/2021 | 6/1/2021 | 5/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | 6/1/2021 | 6/1/2021 | 5/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | 7/1/2021 | 7/1/2021 | 6/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | 7/1/2021 | 7/1/2021 | 6/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | 7/1/2021 | 7/1/2021 | 6/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | 6/1/2021 | 6/1/2021 | 5/1/2031 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP | NAP |
A-1-5
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Most Recent Description | Second Most Recent EGI ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent NOI Date | Second Most Recent Description | Third Most Recent EGI ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent NOI Date | Third Most Recent Description | Underwritten Economic Occupancy (%) |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | T-12 | 13,398,867 | 10,195,895 | 3,202,972 | 12/31/2019 | T-12 | NAV | NAV | NAV | NAV | NAV | 100.0% |
2 | Loan | 6 | 1 | Four Constitution Square | T-12 | 23,674,870 | 4,976,230 | 18,698,640 | 12/31/2019 | T-12 | NAV | NAV | NAV | NAV | NAV | 97.5% |
3 | Loan | 7 | 1 | National Cancer Institute Center | T-12 | 11,746,885 | 2,940,625 | 8,806,260 | 12/31/2019 | T-12 | 11,268,888 | 2,524,807 | 8,744,081 | 12/31/2018 | T-12 | 95.0% |
4 | Loan | 8 | 1 | U.S. Steel Tower | T-12 | 52,574,626 | 27,225,288 | 25,349,338 | 12/31/2019 | T-12 | 53,083,428 | 27,790,668 | 25,292,760 | 12/31/2018 | T-12 | 73.2% |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.3% |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 97.6% |
7 | Loan | 1 | Summerhill Pointe Apartments | T-12 | 7,966,750 | 3,032,544 | 4,934,206 | 12/31/2020 | T-12 | 8,204,137 | 2,918,389 | 5,285,748 | 12/31/2019 | T-12 | 94.4% | |
8 | Loan | 14 | 1 | Three Constitution Square | T-12 | 16,789,471 | 5,024,593 | 11,764,878 | 12/31/2019 | T-12 | NAV | NAV | NAV | NAV | NAV | 97.5% |
9 | Loan | 1 | Fortune 7 Leased Campus | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 94.9% | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | T-12 | 11,096,712 | 4,877,754 | 6,218,958 | 12/31/2020 | T-12 | 11,418,737 | 4,915,671 | 6,503,066 | 12/31/2019 | T-12 | 97.6% |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | T-12 | 4,012,366 | 1,320,027 | 2,692,339 | 12/31/2020 | T-12 | 3,325,320 | 1,271,122 | 2,054,198 | 12/31/2019 | T-12 | 72.5% |
11.01 | Property | 1 | Life Storage - New Orleans | T-12 | 1,267,061 | 325,584 | 941,477 | 12/31/2020 | T-12 | 1,164,782 | 323,987 | 840,795 | 12/31/2019 | T-12 | 76.0% | |
11.02 | Property | 1 | Life Storage - Verot School | T-12 | 830,855 | 282,995 | 547,860 | 12/31/2020 | T-12 | 628,420 | 261,797 | 366,623 | 12/31/2019 | T-12 | 76.4% | |
11.03 | Property | 1 | Life Storage - Evangeline | T-12 | 656,307 | 257,651 | 398,656 | 12/31/2020 | T-12 | 502,806 | 251,851 | 250,955 | 12/31/2019 | T-12 | 68.8% | |
11.04 | Property | 1 | Life Storage - Johnston | T-12 | 770,539 | 270,009 | 500,530 | 12/31/2020 | T-12 | 611,930 | 252,053 | 359,877 | 12/31/2019 | T-12 | 78.6% | |
11.05 | Property | 1 | Life Storage - Baton Rouge | T-12 | 487,604 | 183,788 | 303,816 | 12/31/2020 | T-12 | 417,382 | 181,434 | 235,948 | 12/31/2019 | T-12 | 56.2% | |
12 | Loan | 1 | League City Town Center | T-12 | 4,435,403 | 1,195,687 | 3,239,716 | 12/31/2019 | T-12 | 3,901,896 | 1,171,360 | 2,730,536 | 12/31/2018 | T-12 | 93.8% | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | T-12 | 2,145,000 | 21,843 | 2,123,157 | 12/31/2019 | T-12 | 1,978,708 | 21,588 | 1,957,120 | 12/31/2018 | T-12 | 95.0% |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | T-12 | 2,760,292 | 986,724 | 1,773,568 | 12/31/2020 | T-12 | 2,774,907 | 953,781 | 1,821,126 | 12/31/2019 | T-12 | 94.7% |
14.01 | Property | 1 | Securlock - Warner Robins | T-12 | 961,708 | 323,898 | 637,810 | 12/31/2020 | T-12 | 963,630 | 330,541 | 633,089 | 12/31/2019 | T-12 | 94.1% | |
14.02 | Property | 1 | Securlock - Dawsonville | T-12 | 883,096 | 302,977 | 580,119 | 12/31/2020 | T-12 | 866,445 | 280,320 | 586,125 | 12/31/2019 | T-12 | 95.0% | |
14.03 | Property | 1 | Securlock - Snellville | T-12 | 915,488 | 359,849 | 555,639 | 12/31/2020 | T-12 | 944,832 | 342,919 | 601,913 | 12/31/2019 | T-12 | 95.0% | |
15 | Loan | 20, 21 | 1 | 57 Prince Street | T-12 | 1,835,289 | 578,869 | 1,256,420 | 12/31/2020 | T-12 | 2,047,492 | 632,331 | 1,415,161 | 12/31/2019 | T-12 | 96.6% |
16 | Loan | 1 | Euclid Plaza | T-12 | 1,919,769 | 544,995 | 1,374,774 | 12/31/2020 | T-12 | 1,878,946 | 523,583 | 1,355,364 | 12/31/2019 | T-12 | 95.2% | |
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | T-12 | 2,593,862 | 1,240,021 | 1,353,841 | 12/31/2020 | T-12 | 2,323,800 | 1,218,913 | 1,104,887 | 12/31/2019 | T-12 | 84.3% |
18 | Loan | 3 | A Storage Place Portfolio | T-12 | 2,154,585 | 773,164 | 1,381,421 | 12/31/2020 | T-12 | 2,215,432 | 803,385 | 1,412,047 | 12/31/2019 | T-12 | 92.3% | |
18.01 | Property | 1 | Montrose Storage | T-12 | 841,075 | 325,359 | 515,716 | 12/31/2020 | T-12 | 889,089 | 339,523 | 549,566 | 12/31/2019 | T-12 | 92.6% | |
18.02 | Property | 1 | Alpine Storage | T-12 | 751,363 | 253,216 | 498,147 | 12/31/2020 | T-12 | 754,326 | 263,042 | 491,284 | 12/31/2019 | T-12 | 93.0% | |
18.03 | Property | 1 | Eagle Storage | T-12 | 562,147 | 194,590 | 367,557 | 12/31/2020 | T-12 | 572,017 | 200,820 | 371,197 | 12/31/2019 | T-12 | 91.1% | |
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 94.0% |
20 | Loan | 1 | Midtown Mobile | T-12 | 1,529,567 | 383,704 | 1,145,863 | 12/31/2020 | T-12 | 1,260,937 | 360,361 | 900,576 | 12/31/2019 | T-12 | 93.0% | |
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | T-12 | 1,682,098 | 702,544 | 979,554 | 12/31/2020 | T-12 | 1,766,573 | 748,389 | 1,018,184 | 12/31/2020 | T-12 | 95.0% |
22 | Loan | 1 | Vista Park Self Storage | T-12 | 950,204 | 255,146 | 695,058 | 12/31/2020 | T-12 | NAV | NAV | NAV | NAV | NAV | 89.7% | |
23 | Loan | 1 | 3041 Sunrise Boulevard | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | |
24 | Loan | 30 | 1 | Riverdale Commerce Park | T-12 | 967,622 | 205,602 | 762,020 | 12/31/2020 | T-12 | 994,800 | 200,872 | 793,928 | 12/31/2019 | T-12 | 95.0% |
25 | Loan | 1 | North Ridge Center | T-12 | 2,013,635 | 522,069 | 1,491,566 | 12/31/2019 | T-12 | 1,808,271 | 548,295 | 1,259,976 | 12/31/2018 | T-12 | 95.0% | |
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | T-12 | 1,093,568 | 435,999 | 657,569 | 12/31/2020 | T-12 | 1,188,433 | 516,934 | 671,499 | 12/31/2019 | T-12 | 94.7% | |
26.01 | Property | 1 | 365 Orchard | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
26.03 | Property | 1 | 101 & 115 Dwight | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
26.04 | Property | 1 | 33 Howe | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
26.05 | Property | 1 | 109 Dwight St | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
26.06 | Property | 1 | 38 Tilton | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
26.07 | Property | 1 | 574 George | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
27 | Loan | 1 | StorQuest Brentwood | T-12 | 1,177,730 | 428,112 | 749,619 | 12/31/2020 | T-12 | 1,041,631 | 405,393 | 636,237 | 12/31/2019 | T-12 | 94.8% | |
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 95.0% |
29 | Loan | 1 | Westwood Shopping Center | T-12 | 1,122,786 | 283,038 | 839,748 | 12/31/2020 | T-12 | 1,204,636 | 269,895 | 934,741 | 12/31/2019 | T-12 | 93.6% | |
30 | Loan | 25 | 1 | 31 Jane Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 94.7% |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 95.0% |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | T-12 | 1,003,728 | 345,028 | 658,700 | 12/31/2020 | T-12 | 908,761 | 339,381 | 569,380 | 12/31/2019 | T-12 | 93.8% | |
32.01 | Property | 1 | Estes Park Apartments | T-12 | 756,716 | 259,679 | 497,037 | 12/31/2020 | T-12 | 687,142 | 248,126 | 439,016 | 12/31/2019 | T-12 | 93.4% | |
32.02 | Property | 1 | Eastgate Apartments | T-12 | 247,012 | 85,349 | 161,663 | 12/31/2020 | T-12 | 221,619 | 91,255 | 130,364 | 12/31/2019 | T-12 | 95.0% | |
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 95.0% |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 93.0% |
35 | Loan | 1 | Burlington Merrillville IN | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 94.7% | |
36 | Loan | 1 | 928 North San Vicente | T-12 | 528,840 | 136,652 | 392,188 | 12/31/2020 | T-12 | 526,290 | 157,066 | 369,224 | 12/31/2019 | T-12 | 94.9% | |
37 | Loan | 31 | 1 | WAG - Nashville | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 97.0% |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 93.0% |
39 | Loan | 1 | New Albany Self Storage - OH | T-12 | 330,157 | 130,077 | 200,080 | 12/31/2020 | T-12 | 208,577 | 120,852 | 87,725 | 12/31/2019 | T-12 | 95.0% | |
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 94.0% |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 95.2% |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | T-12 | 330,013 | 203,367 | 126,646 | 12/31/2020 | T-12 | 234,173 | 214,941 | 19,232 | 12/31/2019 | T-12 | 85.6% |
43 | Loan | 1 | Shamrock MHC | T-12 | 385,749 | 156,082 | 229,667 | 12/31/2020 | T-12 | 331,487 | 151,722 | 179,765 | 12/31/2019 | T-12 | 87.4% | |
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 95.2% |
45 | Loan | 1 | CVS – Littleton, MA | T-12 | 186,000 | 3,720 | 182,280 | 12/31/2019 | T-12 | 186,000 | 3,720 | 182,280 | 12/31/2018 | T-12 | 97.0% | |
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 95.0% |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 95.0% |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 93.0% |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 93.0% |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 95.1% |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 93.0% |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 94.5% |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 93.4% |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 94.1% |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 92.8% |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 93.0% |
A-1-6
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NOI DSCR (x) | Underwritten NCF DSCR (x) | Underwritten NOI Debt Yield (%) | Underwritten NCF Debt Yield (%) | Appraised Value ($) |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | 32,466,229 | 12,264,849 | 20,201,380 | 114,617 | 0 | 20,086,764 | 2.69 | 2.67 | 9.2% | 9.1% | 365,000,000 |
2 | Loan | 6 | 1 | Four Constitution Square | 24,698,036 | 8,477,338 | 16,220,697 | 123,405 | 0 | 16,097,292 | 4.57 | 4.54 | 11.8% | 11.7% | 305,000,000 |
3 | Loan | 7 | 1 | National Cancer Institute Center | 12,328,869 | 2,982,412 | 9,346,458 | 47,778 | 426,589 | 8,872,091 | 4.03 | 3.82 | 11.3% | 10.7% | 166,000,000 |
4 | Loan | 8 | 1 | U.S. Steel Tower | 46,184,529 | 27,710,549 | 18,473,980 | 513,979 | 936,441 | 17,023,559 | 3.09 | 2.85 | 11.5% | 10.6% | 381,500,000 |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | 6,306,546 | 1,070,715 | 5,235,831 | 20,041 | 256,525 | 4,959,265 | 2.06 | 1.95 | 8.2% | 7.7% | 100,500,000 |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | 66,137,945 | 10,736,605 | 55,401,340 | 161,024 | 373,279 | 54,867,037 | 4.77 | 4.72 | 14.6% | 14.4% | 1,000,000,000 |
7 | Loan | 1 | Summerhill Pointe Apartments | 8,276,747 | 3,022,467 | 5,254,280 | 144,000 | 0 | 5,110,280 | 2.43 | 2.37 | 8.8% | 8.5% | 115,600,000 | |
8 | Loan | 14 | 1 | Three Constitution Square | 18,149,768 | 5,671,523 | 12,478,245 | 87,174 | 0 | 12,391,070 | 4.97 | 4.94 | 13.0% | 12.9% | 222,000,000 |
9 | Loan | 1 | Fortune 7 Leased Campus | 8,411,155 | 295,135 | 8,116,021 | 32,700 | 463,252 | 7,620,069 | 3.54 | 3.32 | 10.4% | 9.8% | 124,000,000 | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | 12,054,457 | 5,143,623 | 6,910,834 | 43,518 | 132,058 | 6,735,257 | 2.02 | 1.97 | 7.3% | 7.1% | 150,100,000 |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | 4,791,624 | 1,413,562 | 3,378,062 | 43,597 | 0 | 3,334,465 | 3.37 | 3.33 | 10.4% | 10.3% | 63,750,000 |
11.01 | Property | 1 | Life Storage - New Orleans | 1,390,068 | 350,144 | 1,039,924 | 10,184 | 0 | 1,029,741 | 16,100,000 | |||||
11.02 | Property | 1 | Life Storage - Verot School | 1,044,364 | 303,678 | 740,686 | 9,055 | 0 | 731,631 | 14,200,000 | |||||
11.03 | Property | 1 | Life Storage - Evangeline | 894,984 | 279,958 | 615,026 | 8,883 | 0 | 606,143 | 12,600,000 | |||||
11.04 | Property | 1 | Life Storage - Johnston | 944,512 | 287,635 | 656,877 | 7,781 | 0 | 649,096 | 11,900,000 | |||||
11.05 | Property | 1 | Life Storage - Baton Rouge | 517,696 | 192,148 | 325,548 | 7,694 | 0 | 317,855 | 5,000,000 | |||||
12 | Loan | 1 | League City Town Center | 4,669,314 | 1,284,197 | 3,385,117 | 35,155 | 194,129 | 3,155,834 | 3.08 | 2.87 | 11.3% | 10.6% | 46,750,000 | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | 2,037,750 | 43,691 | 1,994,059 | 33,897 | 0 | 1,960,162 | 2.04 | 2.01 | 7.4% | 7.2% | 42,000,000 |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | 2,913,684 | 985,043 | 1,928,642 | 30,985 | 0 | 1,897,656 | 3.50 | 3.44 | 10.7% | 10.5% | 33,250,000 |
14.01 | Property | 1 | Securlock - Warner Robins | 1,028,733 | 329,929 | 698,804 | 10,373 | 0 | 688,431 | 10,850,000 | |||||
14.02 | Property | 1 | Securlock - Dawsonville | 928,915 | 302,352 | 626,563 | 10,813 | 0 | 615,750 | 9,850,000 | |||||
14.03 | Property | 1 | Securlock - Snellville | 956,037 | 352,762 | 603,275 | 9,800 | 0 | 593,475 | 10,350,000 | |||||
15 | Loan | 20, 21 | 1 | 57 Prince Street | 2,064,695 | 703,165 | 1,361,530 | 10,908 | 47,263 | 1,303,359 | 1.81 | 1.73 | 7.7% | 7.4% | 27,300,000 |
16 | Loan | 1 | Euclid Plaza | 2,036,324 | 592,977 | 1,443,347 | 19,261 | 101,698 | 1,322,388 | 2.18 | 1.99 | 8.6% | 7.9% | 25,800,000 | |
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | 3,060,331 | 1,276,887 | 1,783,444 | 29,711 | 183,507 | 1,570,226 | 3.06 | 2.69 | 11.2% | 9.9% | 26,700,000 |
18 | Loan | 3 | A Storage Place Portfolio | 2,256,764 | 692,918 | 1,563,846 | 29,817 | 0 | 1,534,029 | 3.02 | 2.96 | 9.9% | 9.7% | 26,750,000 | |
18.01 | Property | 1 | Montrose Storage | 899,176 | 290,126 | 609,050 | 15,102 | 0 | 593,948 | 9,200,000 | |||||
18.02 | Property | 1 | Alpine Storage | 766,507 | 227,782 | 538,725 | 10,197 | 0 | 528,528 | 9,200,000 | |||||
18.03 | Property | 1 | Eagle Storage | 591,081 | 175,009 | 416,072 | 4,518 | 0 | 411,554 | 6,900,000 | |||||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | 7,044,454 | 5,136,302 | 1,908,152 | 75,000 | 0 | 1,833,152 | 4.45 | 4.28 | 14.7% | 14.1% | 128,400,000 |
20 | Loan | 1 | Midtown Mobile | 1,523,967 | 385,033 | 1,138,934 | 12,467 | 46,751 | 1,079,716 | 2.56 | 2.43 | 9.3% | 8.8% | 17,640,000 | |
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | 1,834,909 | 712,930 | 1,121,979 | 8,523 | 49,709 | 1,063,747 | 2.90 | 2.75 | 10.0% | 9.5% | 18,600,000 |
22 | Loan | 1 | Vista Park Self Storage | 1,265,798 | 277,541 | 988,257 | 20,238 | 0 | 968,019 | 2.86 | 2.81 | 10.1% | 9.9% | 17,400,000 | |
23 | Loan | 1 | 3041 Sunrise Boulevard | 935,714 | 28,071 | 907,642 | 13,016 | 37,429 | 857,198 | 1.73 | 1.63 | 9.6% | 9.0% | 15,000,000 | |
24 | Loan | 30 | 1 | Riverdale Commerce Park | 1,094,639 | 219,983 | 874,656 | 8,636 | 42,053 | 823,967 | 2.40 | 2.26 | 9.5% | 8.9% | 15,000,000 |
25 | Loan | 1 | North Ridge Center | 1,901,640 | 614,936 | 1,286,704 | 19,101 | 89,536 | 1,178,068 | 4.30 | 3.94 | 14.2% | 13.0% | 14,000,000 | |
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | 1,332,763 | 547,341 | 785,422 | 31,332 | 0 | 754,090 | 1.56 | 1.50 | 9.1% | 8.7% | 12,950,000 | |
26.01 | Property | 1 | 365 Orchard | NAV | NAV | NAV | NAV | NAV | NAV | 3,950,000 | |||||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | NAV | NAV | NAV | NAV | NAV | NAV | 3,850,000 | |||||
26.03 | Property | 1 | 101 & 115 Dwight | NAV | NAV | NAV | NAV | NAV | NAV | 1,400,000 | |||||
26.04 | Property | 1 | 33 Howe | NAV | NAV | NAV | NAV | NAV | NAV | 1,000,000 | |||||
26.05 | Property | 1 | 109 Dwight St | NAV | NAV | NAV | NAV | NAV | NAV | 975,000 | |||||
26.06 | Property | 1 | 38 Tilton | NAV | NAV | NAV | NAV | NAV | NAV | 900,000 | |||||
26.07 | Property | 1 | 574 George | NAV | NAV | NAV | NAV | NAV | NAV | 875,000 | |||||
27 | Loan | 1 | StorQuest Brentwood | 1,319,837 | 378,808 | 941,029 | 8,857 | 0 | 932,172 | 3.70 | 3.67 | 12.5% | 12.4% | 17,600,000 | |
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | 4,442,208 | 2,371,603 | 2,070,605 | 43,600 | 0 | 2,027,005 | 5.33 | 5.21 | 27.7% | 27.1% | 58,300,000 |
29 | Loan | 1 | Westwood Shopping Center | 1,156,870 | 281,940 | 874,931 | 19,886 | 97,947 | 757,098 | 2.08 | 1.80 | 11.8% | 10.2% | 10,800,000 | |
30 | Loan | 25 | 1 | 31 Jane Street | 5,739,011 | 2,559,469 | 3,179,542 | 31,750 | 0 | 3,147,792 | 15.91 | 15.76 | 45.4% | 45.0% | 107,400,000 |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | 4,753,031 | 2,360,786 | 2,392,245 | 23,600 | 0 | 2,368,645 | 10.09 | 9.99 | 34.2% | 33.8% | 51,600,000 |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | 1,006,674 | 385,243 | 621,431 | 29,750 | 0 | 591,681 | 1.64 | 1.56 | 9.0% | 8.5% | 9,700,000 | |
32.01 | Property | 1 | Estes Park Apartments | 766,499 | 300,152 | 466,347 | 22,500 | 0 | 443,847 | 7,500,000 | |||||
32.02 | Property | 1 | Eastgate Apartments | 240,175 | 85,091 | 155,084 | 7,250 | 0 | 147,834 | 2,200,000 | |||||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | 3,126,678 | 1,586,444 | 1,540,234 | 39,000 | 0 | 1,501,234 | 4.62 | 4.51 | 24.5% | 23.9% | 18,290,000 |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | 4,158,242 | 2,709,649 | 1,448,593 | 53,000 | 0 | 1,395,593 | 5.85 | 5.64 | 26.4% | 25.4% | 77,700,000 |
35 | Loan | 1 | Burlington Merrillville IN | 503,139 | 15,094 | 488,045 | 6,620 | 29,434 | 451,991 | 1.69 | 1.57 | 9.8% | 9.1% | 7,600,000 | |
36 | Loan | 1 | 928 North San Vicente | 526,943 | 156,492 | 370,451 | 6,288 | 0 | 364,164 | 1.56 | 1.53 | 7.6% | 7.4% | 8,800,000 | |
37 | Loan | 31 | 1 | WAG - Nashville | 373,147 | 4,413 | 368,734 | 1,497 | 0 | 367,238 | 2.00 | 1.99 | 8.2% | 8.2% | 7,500,000 |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | 2,062,507 | 809,077 | 1,253,430 | 26,400 | 0 | 1,227,030 | 10.48 | 10.26 | 35.8% | 35.1% | 51,110,000 |
39 | Loan | 1 | New Albany Self Storage - OH | 453,745 | 156,792 | 296,953 | 4,830 | 0 | 292,123 | 1.59 | 1.57 | 9.3% | 9.1% | 4,940,000 | |
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | 4,072,127 | 2,225,745 | 1,846,382 | 43,800 | 0 | 1,802,582 | 13.64 | 13.31 | 61.5% | 60.1% | 87,800,000 |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | 1,525,507 | 717,783 | 807,724 | 21,200 | 0 | 786,524 | 7.88 | 7.67 | 26.9% | 26.2% | 21,100,000 |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | 546,428 | 221,038 | 325,390 | 7,189 | 4,675 | 313,526 | 2.93 | 2.82 | 12.2% | 11.7% | 5,100,000 |
43 | Loan | 1 | Shamrock MHC | 402,460 | 174,859 | 227,601 | 4,800 | 0 | 222,801 | 1.91 | 1.87 | 9.1% | 8.9% | 3,850,000 | |
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | 1,459,901 | 830,429 | 629,472 | 10,500 | 0 | 618,972 | 5.46 | 5.37 | 28.6% | 28.1% | 40,340,000 |
45 | Loan | 1 | CVS – Littleton, MA | 180,420 | 3,608 | 176,812 | 0 | 0 | 176,812 | 1.96 | 1.96 | 8.0% | 8.0% | 3,540,000 | |
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | 1,314,600 | 526,216 | 788,384 | 21,000 | 0 | 767,384 | 5.28 | 5.14 | 37.5% | 36.5% | 16,500,000 |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | 1,254,722 | 479,023 | 775,699 | 14,400 | 0 | 761,299 | 10.84 | 10.64 | 36.9% | 36.3% | 10,200,000 |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | 1,792,854 | 1,033,894 | 758,960 | 20,000 | 0 | 738,960 | 11.37 | 11.07 | 41.0% | 39.9% | 25,300,000 |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | 979,456 | 445,534 | 533,922 | 13,200 | 0 | 520,722 | 6.11 | 5.96 | 33.0% | 32.1% | 11,250,000 |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | 526,043 | 287,545 | 238,498 | 9,600 | 0 | 228,898 | 3.22 | 3.09 | 14.9% | 14.3% | 4,910,000 |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | 1,732,501 | 722,519 | 1,009,982 | 21,500 | 0 | 988,482 | 13.90 | 13.61 | 64.2% | 62.8% | 22,275,000 |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | 755,612 | 379,529 | 376,083 | 9,000 | 0 | 367,083 | 4.65 | 4.54 | 25.1% | 24.5% | 15,670,000 |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | 467,585 | 95,420 | 372,165 | 3,900 | 0 | 368,265 | 4.78 | 4.73 | 25.7% | 25.4% | 9,700,000 |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | 862,567 | 353,922 | 508,645 | 8,250 | 0 | 500,395 | 6.93 | 6.82 | 37.0% | 36.4% | 8,350,000 |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | 421,686 | 237,716 | 183,970 | 4,750 | 0 | 179,220 | 2.86 | 2.79 | 15.3% | 14.9% | 7,410,000 |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | 689,130 | 265,537 | 423,593 | 7,250 | 0 | 416,343 | 7.95 | 7.81 | 42.4% | 41.7% | 15,335,000 |
A-1-7
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Appraised Value Type | Appraisal Date | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) | Leased Occupancy (%) (2) | Occupancy Date | Single Tenant (Y/N) | Largest Tenant | Largest Tenant SF |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | Hypothetical Market Value | 5/1/2021 | 60.3% | 60.3% | 100.0% | 5/1/2021 | No | NYC Human Resources Administration | 193,821 |
2 | Loan | 6 | 1 | Four Constitution Square | As Is | 4/14/2021 | 45.2% | 45.2% | 100.0% | 6/1/2021 | Yes | US Department of Justice | 493,620 |
3 | Loan | 7 | 1 | National Cancer Institute Center | As Is | 4/23/2021 | 50.0% | 50.0% | 100.0% | 6/1/2021 | Yes | Leidos Biomedical Research, Inc. | 341,271 |
4 | Loan | 8 | 1 | U.S. Steel Tower | As Is | 4/8/2021 | 41.9% | 41.9% | 73.2% | 4/1/2021 | No | UPMC | 1,078,110 |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | Market Value Subject to Capital Reserve Account | 1/27/2021 | 63.7% | 63.7% | 97.6% | 5/19/2021 | No | Burlington Coat Factory | 70,075 |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | As Stabilized | 1/14/2021 | 38.0% | 38.0% | 100.0% | 6/1/2021 | Yes | 805,118 | |
7 | Loan | 1 | Summerhill Pointe Apartments | As Is | 3/10/2021 | 51.9% | 51.9% | 95.8% | 4/7/2021 | NAP | NAP | NAP | |
8 | Loan | 14 | 1 | Three Constitution Square | As Is | 4/14/2021 | 43.2% | 43.2% | 100.0% | 6/1/2021 | No | US Department of Justice | 345,380 |
9 | Loan | 1 | Fortune 7 Leased Campus | As Is | 3/24/2021 | 62.9% | 62.9% | 100.0% | 6/5/2021 | Yes | McKesson Corporation | 231,626 | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | Market Value – As Is Subject to Extraordinary Assumption | 3/1/2021 | 63.3% | 63.3% | 98.6% | 4/28/2021 | No | Capital One | 6,567 |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | As Portfolio | 4/22/2021 | 50.7% | 50.7% | 83.9% | 5/12/2021 | |||
11.01 | Property | 1 | Life Storage - New Orleans | As Is | 4/22/2021 | 85.1% | 5/12/2021 | No | NAP | NAP | |||
11.02 | Property | 1 | Life Storage - Verot School | As Is | 4/22/2021 | 92.8% | 5/12/2021 | No | NAP | NAP | |||
11.03 | Property | 1 | Life Storage - Evangeline | As Is | 4/22/2021 | 84.6% | 5/12/2021 | No | NAP | NAP | |||
11.04 | Property | 1 | Life Storage - Johnston | As Is | 4/22/2021 | 86.9% | 5/12/2021 | No | NAP | NAP | |||
11.05 | Property | 1 | Life Storage - Baton Rouge | As Is | 4/22/2021 | 67.9% | 5/12/2021 | No | NAP | NAP | |||
12 | Loan | 1 | League City Town Center | As Is | 3/11/2021 | 64.0% | 64.0% | 95.5% | 4/8/2021 | No | Ross Dress For Less, Inc. | 27,689 | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | As Is | 4/9/2021 | 64.5% | 64.5% | 100.0% | 6/1/2021 | Yes | Lowe’s | 505,813 |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | As Portfolio | 4/1/2021 | 54.1% | 54.1% | 96.6% | 3/31/2021 | |||
14.01 | Property | 1 | Securlock - Warner Robins | As Is | 3/31/2021 | 95.3% | 3/31/2021 | NAP | NAP | NAP | |||
14.02 | Property | 1 | Securlock - Dawsonville | As Is | 4/1/2021 | 96.4% | 3/31/2021 | NAP | NAP | NAP | |||
14.03 | Property | 1 | Securlock - Snellville | As Is | 4/1/2021 | 98.0% | 3/31/2021 | NAP | NAP | NAP | |||
15 | Loan | 20, 21 | 1 | 57 Prince Street | As Is, Inclusive of Escrow Account | 1/4/2021 | 64.5% | 64.5% | 100.0% | 5/1/2021 | No | Dagne Dover | 1,350 |
16 | Loan | 1 | Euclid Plaza | As Is | 3/12/2021 | 65.0% | 65.0% | 96.4% | 2/18/2021 | No | Vallarta Supermarkets | 41,259 | |
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | As Is | 4/6/2021 | 59.6% | 59.6% | 87.0% | 3/16/2021 | No | Regus Corporation | 16,338 |
18 | Loan | 3 | A Storage Place Portfolio | As Portfolio | 4/9/2021 | 59.1% | 59.1% | 94.8% | 3/30/2021 | ||||
18.01 | Property | 1 | Montrose Storage | As Is | 4/6/2021 | 94.1% | 3/30/2021 | NAP | NAP | NAP | |||
18.02 | Property | 1 | Alpine Storage | As Is | 4/5/2021 | 95.1% | 3/30/2021 | NAP | NAP | NAP | |||
18.03 | Property | 1 | Eagle Storage | As Is | 4/5/2021 | 96.9% | 3/30/2021 | NAP | NAP | NAP | |||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | As Is | 3/8/2021 | 10.1% | 10.1% | 94.0% | 3/8/2021 | No | NAP | NAP |
20 | Loan | 1 | Midtown Mobile | As Is | 4/1/2021 | 69.7% | 69.7% | 94.9% | 2/26/2021 | No | Publix | 39,203 | |
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | As Is | 4/1/2021 | 60.5% | 60.5% | 97.4% | 4/28/2021 | No | JP Morgan Chase Bank | 10,365 |
22 | Loan | 1 | Vista Park Self Storage | As Is | 3/30/2021 | 56.3% | 56.3% | 97.4% | 5/4/2021 | NAP | NAP | NAP | |
23 | Loan | 1 | 3041 Sunrise Boulevard | As Is | 2/10/2021 | 63.3% | 61.1% | 100.0% | 6/1/2021 | Yes | Tri Tool, Inc. | 130,156 | |
24 | Loan | 30 | 1 | Riverdale Commerce Park | As Is | 1/27/2021 | 61.7% | 61.7% | 97.7% | 5/11/2021 | No | Outlier CrossFit | 7,400 |
25 | Loan | 1 | North Ridge Center | As Is | 3/17/2021 | 64.5% | 64.5% | 100.0% | 4/14/2021 | No | Bed Bath & Beyond | 30,914 | |
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | As Is | 3/19/2021 | 66.6% | 57.9% | 98.0% | Various | ||||
26.01 | Property | 1 | 365 Orchard | As Is | 3/19/2021 | 96.6% | 3/19/2021 | No | NAP | NAP | |||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | As Is | 3/19/2021 | 100.0% | 3/19/2021 | No | NAP | NAP | |||
26.03 | Property | 1 | 101 & 115 Dwight | As Is | 3/19/2021 | 100.0% | 3/23/2021 | No | NAP | NAP | |||
26.04 | Property | 1 | 33 Howe | As Is | 3/19/2021 | 100.0% | 3/23/2021 | No | NAP | NAP | |||
26.05 | Property | 1 | 109 Dwight St | As Is | 3/19/2021 | 88.9% | 3/23/2021 | No | NAP | NAP | |||
26.06 | Property | 1 | 38 Tilton | As Is | 3/19/2021 | 100.0% | 1/27/2021 | No | NAP | NAP | |||
26.07 | Property | 1 | 574 George | As Is | 3/19/2021 | 100.0% | 3/23/2021 | No | NAP | NAP | |||
27 | Loan | 1 | StorQuest Brentwood | As Is | 4/15/2021 | 42.6% | 42.6% | 95.7% | 4/5/2021 | NAP | NAP | NAP | |
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | As Is | 2/26/2021 | 12.8% | 9.9% | 95.0% | 2/26/2021 | No | NAP | NAP |
29 | Loan | 1 | Westwood Shopping Center | As Is | 2/19/2021 | 68.9% | 54.7% | 100.0% | 5/7/2021 | No | Michaels | 24,000 | |
30 | Loan | 25 | 1 | 31 Jane Street | As Is - Gross Sellout | 1/30/2021 | 6.5% | 6.5% | 94.7% | 1/30/2021 | No | NAP | NAP |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | As Is | 2/23/2021 | 13.6% | 13.6% | 95.0% | 2/23/2021 | No | NAP | NAP |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | As Is | Various | 71.4% | 64.5% | 95.8% | 4/15/2021 | ||||
32.01 | Property | 1 | Estes Park Apartments | As Is | 3/4/2021 | 95.6% | 4/15/2021 | NAP | NAP | NAP | |||
32.02 | Property | 1 | Eastgate Apartments | As Is | 3/5/2021 | 96.6% | 4/15/2021 | NAP | NAP | NAP | |||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | As Is | 3/9/2021 | 34.4% | 26.8% | 95.0% | 3/9/2021 | No | NAP | NAP |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | As Is | 3/2/2021 | 7.1% | 6.1% | 93.0% | 3/2/2021 | No | NAP | NAP |
35 | Loan | 1 | Burlington Merrillville IN | As Is, Assuming No Free Rent | 3/31/2021 | 65.7% | 52.5% | 100.0% | 6/1/2021 | Yes | Burlington | 44,135 | |
36 | Loan | 1 | 928 North San Vicente | As Is | 3/24/2021 | 55.7% | 55.7% | 95.8% | 3/28/2021 | No | NAP | NAP | |
37 | Loan | 31 | 1 | WAG - Nashville | As Is | 4/2/2021 | 60.0% | 60.0% | 100.0% | 6/1/2021 | Yes | Walgreens | 14,967 |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | As Is | 2/16/2021 | 6.8% | 6.8% | 93.0% | 2/16/2021 | No | NAP | NAP |
39 | Loan | 1 | New Albany Self Storage - OH | As Is | 3/29/2021 | 64.8% | 56.3% | 97.3% | 3/11/2021 | No | NAP | NAP | |
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | As Is | 3/24/2021 | 3.4% | 3.0% | 94.0% | 3/24/2021 | No | NAP | NAP |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | As Is | 3/8/2021 | 14.2% | 14.2% | 95.2% | 3/8/2021 | No | NAP | NAP |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | As Is | 3/25/2021 | 52.5% | 52.5% | 92.5% | 4/20/2021 | No | Family Dollar | 9,700 |
43 | Loan | 1 | Shamrock MHC | As Is | 2/8/2021 | 64.9% | 64.9% | 89.6% | 4/12/2021 | NAP | NAP | NAP | |
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | As Is | 3/17/2021 | 5.5% | 4.2% | 95.2% | 3/17/2021 | No | NAP | NAP |
45 | Loan | 1 | CVS – Littleton, MA | As Is | 3/20/2021 | 62.1% | 62.1% | 100.0% | 6/1/2021 | Yes | CVS Pharmacy, Inc. | 8,775 | |
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | As Is | 3/19/2021 | 12.7% | 7.7% | 95.0% | 3/19/2021 | No | NAP | NAP |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | As Is | 3/12/2021 | 20.6% | 20.6% | 95.0% | 3/12/2021 | No | NAP | NAP |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | As Is | 3/11/2021 | 7.3% | 7.3% | 93.0% | 3/11/2021 | No | NAP | NAP |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | As Is | 3/31/2021 | 14.4% | 11.3% | 93.0% | 3/31/2021 | No | NAP | NAP |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | As Is | 12/29/2020 | 32.6% | 28.3% | 95.1% | 12/29/2020 | No | NAP | NAP |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | As Is | 2/3/2021 | 7.1% | 6.1% | 93.0% | 2/3/2021 | No | NAP | NAP |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | As Is | 4/7/2021 | 9.6% | 7.5% | 94.5% | 4/7/2021 | No | NAP | NAP |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | As Is | 4/9/2021 | 14.9% | 11.7% | 93.4% | 4/9/2021 | No | NAP | NAP |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | As Is | 4/8/2021 | 16.5% | 12.8% | 94.1% | 4/8/2021 | No | NAP | NAP |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | As Is | 3/16/2021 | 16.2% | 12.6% | 92.8% | 3/16/2021 | No | NAP | NAP |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | As Is | 4/13/2021 | 6.5% | 5.1% | 93.0% | 4/13/2021 | No | NAP | NAP |
A-1-8
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Largest Tenant % of NRA | Largest Tenant Lease Expiration Date (3) | Second Largest Tenant | Second Largest Tenant SF | Second Largest Tenant % of NRA | Second Largest Tenant Lease Expiration Date (3) | Third Largest Tenant | Third Largest Tenant SF | Third Largest Tenant % of NRA |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | 33.8% | 9/13/2039 | Department of Finance | 182,315 | 31.8% | 9/13/2038 | NYPD | 124,767 | 21.8% |
2 | Loan | 6 | 1 | Four Constitution Square | 100.0% | 10/5/2033 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
3 | Loan | 7 | 1 | National Cancer Institute Center | 100.0% | 8/30/2031 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
4 | Loan | 8 | 1 | U.S. Steel Tower | 46.1% | 3/31/2030 | US Steel Corp | 232,479 | 10.0% | 1/31/2028 | Eckert Seamans | 108,261 | 4.6% |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | 52.4% | 11/5/2033 | H & M | 34,490 | 25.8% | 1/16/2034 | Target | 22,761 | 17.0% |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | 100.0% | 1/31/2033 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
7 | Loan | 1 | Summerhill Pointe Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8 | Loan | 14 | 1 | Three Constitution Square | 99.0% | 2/10/2032 | DVA Federal Credit Union | 1,880 | 0.5% | 6/30/2026 | Dunkin’ | 1,437 | 0.4% |
9 | Loan | 1 | Fortune 7 Leased Campus | 100.0% | 3/31/2031 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | 31.5% | 12/31/2027 | The Dorm | 4,339 | 20.8% | 4/30/2024 | Chipotle Mexican Grill | 2,525 | 12.1% |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | |||||||||
11.01 | Property | 1 | Life Storage - New Orleans | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.02 | Property | 1 | Life Storage - Verot School | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.03 | Property | 1 | Life Storage - Evangeline | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.04 | Property | 1 | Life Storage - Johnston | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.05 | Property | 1 | Life Storage - Baton Rouge | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
12 | Loan | 1 | League City Town Center | 14.2% | 1/31/2024 | TJ Maxx | 26,000 | 13.3% | 10/31/2023 | Michaels | 21,216 | 10.9% | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | 100.0% | 11/30/2028 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | |||||||||
14.01 | Property | 1 | Securlock - Warner Robins | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.02 | Property | 1 | Securlock - Dawsonville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.03 | Property | 1 | Securlock - Snellville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15 | Loan | 20, 21 | 1 | 57 Prince Street | 6.8% | 11/14/2024 | DITA | 1,350 | 6.8% | 5/1/2024 | Scotch & Soda | 1,300 | 6.5% |
16 | Loan | 1 | Euclid Plaza | 53.6% | 9/30/2030 | Walgreens | 14,560 | 18.9% | 10/31/2024 | Firestone | 5,995 | 7.8% | |
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | 13.7% | 9/30/2024 | Advanced Telecom Group | 8,778 | 7.4% | 7/31/2031 | Breadware Inc. | 6,911 | 5.8% |
18 | Loan | 3 | A Storage Place Portfolio | ||||||||||
18.01 | Property | 1 | Montrose Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18.02 | Property | 1 | Alpine Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18.03 | Property | 1 | Eagle Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20 | Loan | 1 | Midtown Mobile | 62.9% | 3/31/2038 | Keesler Federal Credit Union | 2,799 | 4.5% | 11/30/2024 | Rock N Roll Sushi Midtown (LBM LLC) | 2,250 | 3.6% | |
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | 24.3% | 12/31/2029 | INE Entertainment | 4,579 | 10.7% | 4/30/2023 | LS Realty Group, Inc | 3,920 | 9.2% |
22 | Loan | 1 | Vista Park Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
23 | Loan | 1 | 3041 Sunrise Boulevard | 100.0% | 4/30/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
24 | Loan | 30 | 1 | Riverdale Commerce Park | 12.9% | 12/31/2024 | Speedpro Imaging | 6,038 | 10.5% | 12/31/2024 | Golden State Ballet & Pilates | 6,000 | 10.4% |
25 | Loan | 1 | North Ridge Center | 25.9% | 1/31/2027 | TJ Maxx | 27,938 | 23.4% | 8/31/2025 | Michaels | 24,049 | 20.1% | |
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | ||||||||||
26.01 | Property | 1 | 365 Orchard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26.03 | Property | 1 | 101 & 115 Dwight | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26.04 | Property | 1 | 33 Howe | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26.05 | Property | 1 | 109 Dwight St | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26.06 | Property | 1 | 38 Tilton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26.07 | Property | 1 | 574 George | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
27 | Loan | 1 | StorQuest Brentwood | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
29 | Loan | 1 | Westwood Shopping Center | 30.7% | 1/31/2028 | Harbor Freight | 15,000 | 19.2% | 5/31/2024 | Play it Again Sports | 10,000 | 12.8% | |
30 | Loan | 25 | 1 | 31 Jane Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | ||||||||||
32.01 | Property | 1 | Estes Park Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
32.02 | Property | 1 | Eastgate Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | 1 | Burlington Merrillville IN | 100.0% | 2/28/2033 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
36 | Loan | 1 | 928 North San Vicente | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
37 | Loan | 31 | 1 | WAG - Nashville | 100.0% | 3/31/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
39 | Loan | 1 | New Albany Self Storage - OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | 26.1% | 12/31/2023 | Vane Hair Salon | 1,000 | 2.7% | 3/31/2022 | NAP | NAP | NAP |
43 | Loan | 1 | Shamrock MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
45 | Loan | 1 | CVS – Littleton, MA | 100.0% | 1/31/2038 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-9
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Third Largest Tenant Lease Expiration Date (3) | Fourth Largest Tenant | Fourth Largest Tenant SF | Fourth Largest Tenant % of NRA | Fourth Largest Tenant Lease Expiration Date (3) | Fifth Largest Tenant | Fifth Largest Tenant SF |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | 106,000 SF expiring 01/21/2042; 18,767 SF expiring 04/10/2039 | Department of Sanitation | 72,180 | 12.6% | 9/23/2039 | NAP | NAP |
2 | Loan | 6 | 1 | Four Constitution Square | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
3 | Loan | 7 | 1 | National Cancer Institute Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
4 | Loan | 8 | 1 | U.S. Steel Tower | 9/30/2022 (3,371 SF); 12/31/2030 (104,890 SF) | US Bankruptcy Court | 49,874 | 2.1% | 12/2/2027 | Merrill Lynch | 29,313 |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | 6/30/2030 | Jollibee | 3,040 | 2.3% | 12/31/2029 | NAP | NAP |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
7 | Loan | 1 | Summerhill Pointe Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8 | Loan | 14 | 1 | Three Constitution Square | 12/31/2024 | NAP | NAP | NAP | NAP | NAP | NAP |
9 | Loan | 1 | Fortune 7 Leased Campus | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | 2/28/2023 | The Paper House | 2,000 | 9.6% | 9/30/2022 | Utopia Diner | 1,479 |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | |||||||
11.01 | Property | 1 | Life Storage - New Orleans | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.02 | Property | 1 | Life Storage - Verot School | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.03 | Property | 1 | Life Storage - Evangeline | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.04 | Property | 1 | Life Storage - Johnston | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.05 | Property | 1 | Life Storage - Baton Rouge | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
12 | Loan | 1 | League City Town Center | 2/29/2024 | PetSmart, Inc. | 18,344 | 9.4% | 2/28/2025 | Ulta | 10,173 | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | |||||||
14.01 | Property | 1 | Securlock - Warner Robins | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.02 | Property | 1 | Securlock - Dawsonville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.03 | Property | 1 | Securlock - Snellville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15 | Loan | 20, 21 | 1 | 57 Prince Street | 2/28/2022 | NAP | NAP | NAP | NAP | NAP | NAP |
16 | Loan | 1 | Euclid Plaza | 10/31/2022 | San Diego County Credit Union | 4,550 | 5.9% | 5/31/2025 | Yavari Dental | 3,521 | |
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | 2/13/2023 | Enel Geothermal LLC | 6,053 | 5.1% | 9/30/2024 | Bureau of ATF | 5,750 |
18 | Loan | 3 | A Storage Place Portfolio | ||||||||
18.01 | Property | 1 | Montrose Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18.02 | Property | 1 | Alpine Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18.03 | Property | 1 | Eagle Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20 | Loan | 1 | Midtown Mobile | 1/31/2024 | Taco Mama (Live and Let Live LLC) | 2,250 | 3.6% | 1/31/2024 | Charm Nail Lounge | 2,101 | |
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | 10/31/2022 | Glen Oaks Escrow, Inc | 3,204 | 7.5% | 4/30/2024 | S Ebrahimian, DDS Inc (dba Sherman Oaks Dental Care) | 2,693 |
22 | Loan | 1 | Vista Park Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
23 | Loan | 1 | 3041 Sunrise Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
24 | Loan | 30 | 1 | Riverdale Commerce Park | 12/31/2024 | Baby Go Around Resale | 4,000 | 6.9% | 4/30/2026 | JJ’s Landscaping | 4,000 |
25 | Loan | 1 | North Ridge Center | 4/30/2025 | Old Navy | 18,097 | 15.2% | 4/30/2027 | ULTA Beauty | 10,123 | |
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | ||||||||
26.01 | Property | 1 | 365 Orchard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26.03 | Property | 1 | 101 & 115 Dwight | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26.04 | Property | 1 | 33 Howe | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26.05 | Property | 1 | 109 Dwight St | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26.06 | Property | 1 | 38 Tilton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26.07 | Property | 1 | 574 George | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
27 | Loan | 1 | StorQuest Brentwood | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
29 | Loan | 1 | Westwood Shopping Center | 2/14/2024 | Walk-On’s | 7,952 | 10.2% | 10/31/2033 | Signs First | 4,800 | |
30 | Loan | 25 | 1 | 31 Jane Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | ||||||||
32.01 | Property | 1 | Estes Park Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
32.02 | Property | 1 | Eastgate Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | 1 | Burlington Merrillville IN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
36 | Loan | 1 | 928 North San Vicente | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
37 | Loan | 31 | 1 | WAG - Nashville | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
39 | Loan | 1 | New Albany Self Storage - OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
43 | Loan | 1 | Shamrock MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
45 | Loan | 1 | CVS – Littleton, MA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-10
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Lease Expiration Date (3) | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Flood Zone | Ownership Interest | Ground Lease Expiration Date |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | NAP | NAP | 4/21/2021 | NAP | 4/21/2021 | NAP | NAP | No | Fee | NAP |
2 | Loan | 6 | 1 | Four Constitution Square | NAP | NAP | 4/16/2021 | NAP | 4/15/2021 | NAP | NAP | No | Fee | NAP |
3 | Loan | 7 | 1 | National Cancer Institute Center | NAP | NAP | 5/3/2021 | NAP | 4/20/2021 | NAP | NAP | Yes | Fee | NAP |
4 | Loan | 8 | 1 | U.S. Steel Tower | 1.3% | 2/28/2025 | 4/15/2021 | NAP | 4/15/2021 | NAP | NAP | No | Fee | NAP |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | NAP | NAP | 2/2/2021 | NAP | 2/2/2021 | NAP | NAP | No | Fee | NAP |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | NAP | NAP | 1/20/2021 | NAP | 1/20/2021 | 12/24/2020 | 10% | Yes | Fee | NAP |
7 | Loan | 1 | Summerhill Pointe Apartments | NAP | NAP | 3/17/2021 | NAP | 3/16/2021 | NAP | NAP | No | Fee | NAP | |
8 | Loan | 14 | 1 | Three Constitution Square | NAP | NAP | 4/16/2021 | NAP | 4/15/2021 | NAP | NAP | No | Fee | NAP |
9 | Loan | 1 | Fortune 7 Leased Campus | NAP | NAP | 4/9/2021 | NAP | 4/5/2021 | NAP | NAP | No | Fee | NAP | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | 7.1% | 8/31/2028 | 3/9/2021 | NAP | 3/9/2021 | NAP | NAP | No | Fee | NAP |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | ||||||||||
11.01 | Property | 1 | Life Storage - New Orleans | NAP | NAP | 5/4/2021 | NAP | 5/3/2021 | NAP | NAP | No | Fee | NAP | |
11.02 | Property | 1 | Life Storage - Verot School | NAP | NAP | 5/4/2021 | NAP | 5/3/2021 | NAP | NAP | No | Fee | NAP | |
11.03 | Property | 1 | Life Storage - Evangeline | NAP | NAP | 5/4/2021 | NAP | 5/3/2021 | NAP | NAP | No | Fee | NAP | |
11.04 | Property | 1 | Life Storage - Johnston | NAP | NAP | 5/4/2021 | NAP | 5/3/2021 | NAP | NAP | No | Fee | NAP | |
11.05 | Property | 1 | Life Storage - Baton Rouge | NAP | NAP | 5/4/2021 | NAP | 5/3/2021 | NAP | NAP | No | Fee | NAP | |
12 | Loan | 1 | League City Town Center | 5.2% | 10/31/2028 | 3/22/2021 | NAP | 3/22/2021 | NAP | NAP | Yes | Fee | 6/30/2024 | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | NAP | NAP | 3/25/2021 | NAP | 3/24/2021 | 3/25/2021 | 11% | Yes - D, AE | Fee | NAP |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | ||||||||||
14.01 | Property | 1 | Securlock - Warner Robins | NAP | NAP | 4/7/2021 | NAP | 4/7/2021 | NAP | NAP | No | Fee | NAP | |
14.02 | Property | 1 | Securlock - Dawsonville | NAP | NAP | 4/7/2021 | NAP | 4/7/2021 | NAP | NAP | No | Fee | NAP | |
14.03 | Property | 1 | Securlock - Snellville | NAP | NAP | 4/7/2021 | NAP | 4/7/2021 | NAP | NAP | No | Fee | NAP | |
15 | Loan | 20, 21 | 1 | 57 Prince Street | NAP | NAP | 1/13/2021 | NAP | 1/13/2021 | NAP | NAP | No | Fee | NAP |
16 | Loan | 1 | Euclid Plaza | 4.6% | 1/31/2031 | 3/5/2021 | NAP | 3/5/2021 | 4/2/2021 | 7% | No | Fee | NAP | |
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | 4.8% | 12/14/2028 | 4/7/2021 | NAP | 4/7/2021 | 4/7/2021 | 18% | No | Fee | NAP |
18 | Loan | 3 | A Storage Place Portfolio | |||||||||||
18.01 | Property | 1 | Montrose Storage | NAP | NAP | 4/6/2021 | NAP | 4/6/2021 | NAP | NAP | No | Fee | NAP | |
18.02 | Property | 1 | Alpine Storage | NAP | NAP | 4/12/2021 | NAP | 4/6/2021 | NAP | NAP | No | Fee | NAP | |
18.03 | Property | 1 | Eagle Storage | NAP | NAP | 4/6/2021 | NAP | 4/6/2021 | NAP | NAP | No | Fee | NAP | |
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | NAP | NAP | 3/22/2021 | NAP | 3/22/2021 | NAP | NAP | No | Leasehold | 6/30/2109 |
20 | Loan | 1 | Midtown Mobile | 3.4% | 9/30/2028 | 4/6/2021 | NAP | 4/6/2021 | NAP | NAP | No | Fee | NAP | |
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | 6.3% | 4/30/2024 | 3/30/2021 | NAP | 3/31/2021 | 3/31/2021 | 17% | No | Fee | NAP |
22 | Loan | 1 | Vista Park Self Storage | NAP | NAP | 4/8/2021 | NAP | 4/8/2021 | 4/8/2021 | 9% | No | Fee | NAP | |
23 | Loan | 1 | 3041 Sunrise Boulevard | NAP | NAP | 11/16/2020 | 3/4/2021 | 11/13/2020 | 2/10/2021 | 6% | No | Fee | NAP | |
24 | Loan | 30 | 1 | Riverdale Commerce Park | 6.9% | 12/31/2024 | 2/8/2021 | NAP | 1/13/2021 | 1/13/2021 | 8% | No | Fee | NAP |
25 | Loan | 1 | North Ridge Center | 8.5% | 2/28/2027 | 2/19/2021 | NAP | 2/22/2021 | NAP | NAP | No | Fee | NAP | |
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | |||||||||||
26.01 | Property | 1 | 365 Orchard | NAP | NAP | 3/29/2021 | NAP | 3/29/2021 | NAP | NAP | No | Fee | NAP | |
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | NAP | NAP | 3/29/2021 | NAP | 3/29/2021 | NAP | NAP | No | Fee | NAP | |
26.03 | Property | 1 | 101 & 115 Dwight | NAP | NAP | 3/29/2021 | NAP | 3/29/2021 | NAP | NAP | No | Fee | NAP | |
26.04 | Property | 1 | 33 Howe | NAP | NAP | 3/29/2021 | NAP | 3/29/2021 | NAP | NAP | No | Fee | NAP | |
26.05 | Property | 1 | 109 Dwight St | NAP | NAP | 3/29/2021 | NAP | 3/29/2021 | NAP | NAP | No | Fee | NAP | |
26.06 | Property | 1 | 38 Tilton | NAP | NAP | 3/29/2021 | NAP | 3/29/2021 | NAP | NAP | No | Fee | NAP | |
26.07 | Property | 1 | 574 George | NAP | NAP | 3/29/2021 | NAP | 3/29/2021 | NAP | NAP | No | Fee | NAP | |
27 | Loan | 1 | StorQuest Brentwood | NAP | NAP | 4/9/2021 | NAP | 4/9/2021 | 4/9/2021 | 8% | No | Fee | NAP | |
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | NAP | NAP | 3/3/2021 | NAP | 3/3/2021 | NAP | NAP | No | Fee | NAP |
29 | Loan | 1 | Westwood Shopping Center | 6.1% | 5/31/2023 | 3/12/2021 | NAP | 3/12/2021 | NAP | NAP | No | Fee | NAP | |
30 | Loan | 25 | 1 | 31 Jane Street | NAP | NAP | 5/3/2021 | NAP | 3/25/2021 | NAP | NAP | No | Fee | NAP |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | NAP | NAP | 3/5/2021 | NAP | 3/8/2021 | NAP | NAP | No | Fee | NAP |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | |||||||||||
32.01 | Property | 1 | Estes Park Apartments | NAP | NAP | 3/5/2021 | NAP | 3/5/2021 | NAP | NAP | No | Fee | NAP | |
32.02 | Property | 1 | Eastgate Apartments | NAP | NAP | 3/4/2021 | NAP | 3/5/2021 | NAP | NAP | No | Fee | NAP | |
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | NAP | NAP | 3/16/2021 | NAP | 3/16/2021 | NAP | NAP | No | Fee | NAP |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | NAP | NAP | 3/15/2021 | NAP | 3/15/2021 | NAP | NAP | No | Fee | NAP |
35 | Loan | 1 | Burlington Merrillville IN | NAP | NAP | 4/2/2021 | NAP | 4/2/2021 | NAP | NAP | No | Fee | NAP | |
36 | Loan | 1 | 928 North San Vicente | NAP | NAP | 3/31/2021 | NAP | 3/31/2021 | 3/29/2021 | 16% | No | Fee | NAP | |
37 | Loan | 31 | 1 | WAG - Nashville | NAP | NAP | 2/19/2021 | NAP | 2/19/2021 | NAP | NAP | No | Fee | NAP |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | NAP | NAP | 2/26/2021 | NAP | 3/1/2021 | NAP | NAP | No | Fee | NAP |
39 | Loan | 1 | New Albany Self Storage - OH | NAP | NAP | NAP | NAP | 3/31/2021 | NAP | NAP | No | Fee | NAP | |
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | NAP | NAP | 3/31/2021 | NAP | 4/7/2021 | NAP | NAP | No | Fee | NAP |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | NAP | NAP | 3/19/2021 | NAP | 3/22/2021 | NAP | NAP | No | Fee | NAP |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | NAP | NAP | 4/7/2021 | NAP | 4/6/2021 | NAP | NAP | No | Fee | NAP |
43 | Loan | 1 | Shamrock MHC | NAP | NAP | 2/16/2021 | NAP | 2/16/2021 | NAP | NAP | No | Fee | NAP | |
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | NAP | NAP | 4/1/2021 | NAP | 3/31/2021 | NAP | NAP | No | Fee | NAP |
45 | Loan | 1 | CVS – Littleton, MA | NAP | NAP | 4/5/2021 | NAP | 3/29/2021 | NAP | NAP | No | Fee | NAP | |
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | NAP | NAP | 4/15/2021 | NAP | 4/15/2021 | NAP | NAP | No | Fee | NAP |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | NAP | NAP | 3/24/2021 | NAP | 3/22/2021 | NAP | NAP | No | Fee | NAP |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | NAP | NAP | 3/22/2021 | NAP | 3/26/2021 | NAP | NAP | No | Fee | NAP |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | NAP | NAP | 4/12/2021 | NAP | 4/14/2021 | NAP | NAP | No | Fee | NAP |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | NAP | NAP | 1/6/2021 | NAP | 1/7/2021 | NAP | NAP | No | Fee | NAP |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | NAP | NAP | 2/17/2021 | NAP | 2/17/2021 | NAP | NAP | No | Fee | NAP |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | NAP | NAP | 4/9/2021 | NAP | 4/13/2021 | NAP | NAP | No | Fee | NAP |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | NAP | NAP | 4/12/2021 | NAP | 4/13/2021 | NAP | NAP | No | Fee | NAP |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | NAP | NAP | 4/15/2021 | NAP | 4/15/2021 | NAP | NAP | No | Fee | NAP |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | NAP | NAP | 3/29/2021 | NAP | 3/29/2021 | NAP | NAP | No | Fee | NAP |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | NAP | NAP | 4/16/2021 | NAP | 4/15/2021 | NAP | NAP | No | Fee | NAP |
A-1-11
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Ground Lease Extension Terms | Annual Ground Lease Payment as of the Cut-off Date ($) | Annual Ground Rent Increases (Y/N) | Upfront RE Tax Reserve ($) | Monthly RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Monthly Insurance Reserve ($) | Upfront Replacement / PIP Reserve ($) | Monthly Replacement / FF&E Reserve ($) | Replacement Reserve Caps ($) |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 0 |
2 | Loan | 6 | 1 | Four Constitution Square | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 246,810 |
3 | Loan | 7 | 1 | National Cancer Institute Center | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 0 |
4 | Loan | 8 | 1 | U.S. Steel Tower | NAP | NAP | NAP | 1,904,348 | 476,087 | 442,107 | 147,369 | 0 | 42,562 | 0 |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | NAP | NAP | NAP | 143,816 | 143,816 | 52,716 | 4,393 | 0 | 1,670 | 0 |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 32,205 |
7 | Loan | 1 | Summerhill Pointe Apartments | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 415,508 | Springing | 0 | |
8 | Loan | 14 | 1 | Three Constitution Square | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 174,349 |
9 | Loan | 1 | Fortune 7 Leased Campus | NAP | NAP | NAP | 0 | Springing | 22,686 | 11,343 | 0 | 2,895 | 0 | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | NAP | NAP | NAP | 1,586,430 | 317,286 | 0 | Springing | 0 | 3,627 | 0 |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | 175,339 | 26,758 | 0 | Springing | 65,395 | 5,450 | 65,395 | |||
11.01 | Property | 1 | Life Storage - New Orleans | NAP | NAP | NAP | ||||||||
11.02 | Property | 1 | Life Storage - Verot School | NAP | NAP | NAP | ||||||||
11.03 | Property | 1 | Life Storage - Evangeline | NAP | NAP | NAP | ||||||||
11.04 | Property | 1 | Life Storage - Johnston | NAP | NAP | NAP | ||||||||
11.05 | Property | 1 | Life Storage - Baton Rouge | NAP | NAP | NAP | ||||||||
12 | Loan | 1 | League City Town Center | Four, 5-Year | 11/16/2512 | No | 282,174 | 47,029 | 2,313 | 2,373 | 0 | 2,930 | 0 | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | 78,570 | 13,095 | 0 | Springing | 0 | 3,616 | 130,187 | |||
14.01 | Property | 1 | Securlock - Warner Robins | NAP | NAP | NAP | ||||||||
14.02 | Property | 1 | Securlock - Dawsonville | NAP | NAP | NAP | ||||||||
14.03 | Property | 1 | Securlock - Snellville | NAP | NAP | NAP | ||||||||
15 | Loan | 20, 21 | 1 | 57 Prince Street | NAP | NAP | NAP | 226,270 | 45,254 | 26,928 | 2,448 | 0 | 909 | 0 |
16 | Loan | 1 | Euclid Plaza | NAP | NAP | NAP | 177,066 | 29,511 | 0 | Springing | 0 | 1,605 | 38,522 | |
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | NAP | NAP | NAP | 77,974 | 19,493 | 0 | Springing | 0 | 2,476 | 0 |
18 | Loan | 3 | A Storage Place Portfolio | 15,654 | 15,654 | 0 | Springing | 97,575 | 2,179 | 76,637 | ||||
18.01 | Property | 1 | Montrose Storage | NAP | NAP | NAP | ||||||||
18.02 | Property | 1 | Alpine Storage | NAP | NAP | NAP | ||||||||
18.03 | Property | 1 | Eagle Storage | NAP | NAP | NAP | ||||||||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | NAP | 3/6/4802 | No | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
20 | Loan | 1 | Midtown Mobile | NAP | NAP | NAP | 82,305 | 11,758 | 11,758 | Springing | 0 | 1,039 | 0 | |
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | NAP | NAP | NAP | 23,264 | 11,632 | 0 | Springing | 0 | 710 | 25,569 |
22 | Loan | 1 | Vista Park Self Storage | NAP | NAP | NAP | 22,490 | 4,498 | 8,533 | 1,422 | 0 | 1,687 | 0 | |
23 | Loan | 1 | 3041 Sunrise Boulevard | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 | |
24 | Loan | 30 | 1 | Riverdale Commerce Park | NAP | NAP | NAP | 22,530 | 7,510 | 1,206 | 1,206 | 0 | 714 | 25,000 |
25 | Loan | 1 | North Ridge Center | NAP | NAP | NAP | 77,654 | 38,827 | 0 | Springing | 0 | 1,592 | 38,208 | |
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | 0 | 13,709 | 29,398 | 7,349 | 0 | 2,611 | 0 | ||||
26.01 | Property | 1 | 365 Orchard | NAP | NAP | NAP | ||||||||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | NAP | NAP | NAP | ||||||||
26.03 | Property | 1 | 101 & 115 Dwight | NAP | NAP | NAP | ||||||||
26.04 | Property | 1 | 33 Howe | NAP | NAP | NAP | ||||||||
26.05 | Property | 1 | 109 Dwight St | NAP | NAP | NAP | ||||||||
26.06 | Property | 1 | 38 Tilton | NAP | NAP | NAP | ||||||||
26.07 | Property | 1 | 574 George | NAP | NAP | NAP | ||||||||
27 | Loan | 1 | StorQuest Brentwood | NAP | NAP | NAP | 34,044 | 11,348 | 3,900 | 975 | 0 | 738 | 0 | |
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
29 | Loan | 1 | Westwood Shopping Center | NAP | NAP | NAP | 51,375 | 10,275 | 0 | Springing | 0 | 1,657 | 0 | |
30 | Loan | 25 | 1 | 31 Jane Street | NAP | NAP | NAP | 245,368 | 81,789 | 0 | Springing | 0 | 0 | 0 |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | 6,110 | 8,838 | 42,400 | 5,495 | 64,000 | 2,479 | 0 | ||||
32.01 | Property | 1 | Estes Park Apartments | NAP | NAP | NAP | ||||||||
32.02 | Property | 1 | Eastgate Apartments | NAP | NAP | NAP | ||||||||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
35 | Loan | 1 | Burlington Merrillville IN | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 6,620 | Springing | 6,620 | |
36 | Loan | 1 | 928 North San Vicente | NAP | NAP | NAP | 17,220 | 3,444 | 879 | 879 | 0 | 524 | 0 | |
37 | Loan | 31 | 1 | WAG - Nashville | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 0 |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
39 | Loan | 1 | New Albany Self Storage - OH | NAP | NAP | NAP | 5,512 | 5,512 | 0 | Springing | 0 | 403 | 9,672 | |
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | NAP | NAP | NAP | 61,723 | 25,723 | 0 | Springing | 0 | 0 | 0 |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | NAP | NAP | NAP | 18,000 | 4,500 | 10,952 | 1,369 | 0 | 599 | 14,378 |
43 | Loan | 1 | Shamrock MHC | NAP | NAP | NAP | 37,890 | 7,466 | 8,192 | 1,365 | 0 | 400 | 0 | |
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
45 | Loan | 1 | CVS – Littleton, MA | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 | |
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | NAP | NAP | NAP | 40,863 | 3,405 | 8,799 | 733 | 0 | 0 | 0 |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | NAP | NAP | NAP | 45,518 | 7,220 | 0 | Springing | 0 | 0 | 0 |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | NAP | NAP | NAP | 12,108 | 4,977 | 0 | Springing | 0 | 0 | 0 |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | NAP | NAP | NAP | 46,919 | 15,640 | 0 | Springing | 0 | 0 | 0 |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | NAP | NAP | NAP | 1,422 | 1,422 | 0 | Springing | 0 | 0 | 0 |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
A-1-12
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Monthly Debt Service Reserve ($) | Debt Service Reserve Cap ($) | Upfront Deferred Maintenance Reserve ($) | Upfront Other Reserve ($) | Monthly Other Reserve ($) |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,845,670 | Springing |
2 | Loan | 6 | 1 | Four Constitution Square | 0 | Springing | $50 per available rentable square foot | 0 | 0 | 0 | 0 | 0 | Springing |
3 | Loan | 7 | 1 | National Cancer Institute Center | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
4 | Loan | 8 | 1 | U.S. Steel Tower | 5,000,000 | Springing | 5,000,000 | 0 | 0 | 0 | 0 | 5,619,780 | 0 |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | 709,025 | 0 | 0 | 0 | 0 | 0 | 0 | 798,222 | 0 |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 122,730,124 | Springing |
7 | Loan | 1 | Summerhill Pointe Apartments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
8 | Loan | 14 | 1 | Three Constitution Square | 0 | Springing | $50 per available rentable square foot | 0 | 0 | 0 | 0 | 0 | Springing |
9 | Loan | 1 | Fortune 7 Leased Campus | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | 0 | 0 | 0 | 0 | 0 | 0 | 3,450 | 723,900 | 0 |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
11.01 | Property | 1 | Life Storage - New Orleans | ||||||||||
11.02 | Property | 1 | Life Storage - Verot School | ||||||||||
11.03 | Property | 1 | Life Storage - Evangeline | ||||||||||
11.04 | Property | 1 | Life Storage - Johnston | ||||||||||
11.05 | Property | 1 | Life Storage - Baton Rouge | ||||||||||
12 | Loan | 1 | League City Town Center | 500,000 | 18,717 | 500,000 | 0 | 0 | 0 | 5,625 | 113,039 | 0 | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Springing |
14.01 | Property | 1 | Securlock - Warner Robins | ||||||||||
14.02 | Property | 1 | Securlock - Dawsonville | ||||||||||
14.03 | Property | 1 | Securlock - Snellville | ||||||||||
15 | Loan | 20, 21 | 1 | 57 Prince Street | 0 | 0 | 0 | 0 | 0 | 0 | 2,813 | 2,000,000 | 0 |
16 | Loan | 1 | Euclid Plaza | 0 | 6,099 | 146,384 | 0 | 0 | 0 | 123,813 | 0 | 0 | |
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | 700,000 | Springing | 700,000 | 0 | 0 | 0 | 0 | 423,852 | 0 |
18 | Loan | 3 | A Storage Place Portfolio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
18.01 | Property | 1 | Montrose Storage | ||||||||||
18.02 | Property | 1 | Alpine Storage | ||||||||||
18.03 | Property | 1 | Eagle Storage | ||||||||||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 265,219 | 0 |
20 | Loan | 1 | Midtown Mobile | 0 | 3,896 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 | |
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | 0 | 5,327 | 191,772 | 0 | 0 | 0 | 122,820 | 37,281 | Springing |
22 | Loan | 1 | Vista Park Self Storage | 0 | 0 | 0 | 0 | 0 | 0 | 15,000 | 0 | 0 | |
23 | Loan | 1 | 3041 Sunrise Boulevard | 0 | 3,579 | 128,854 | 480,629 | 0 | 0 | 0 | 0 | 0 | |
24 | Loan | 30 | 1 | Riverdale Commerce Park | 0 | 3,572 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 |
25 | Loan | 1 | North Ridge Center | 0 | 7,461 | 268,607 | 0 | 0 | 0 | 500,000 | 400,000 | 0 | |
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | 0 | 0 | 0 | 0 | 0 | 0 | 53,796 | 0 | 0 | |
26.01 | Property | 1 | 365 Orchard | ||||||||||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | ||||||||||
26.03 | Property | 1 | 101 & 115 Dwight | ||||||||||
26.04 | Property | 1 | 33 Howe | ||||||||||
26.05 | Property | 1 | 109 Dwight St | ||||||||||
26.06 | Property | 1 | 38 Tilton | ||||||||||
26.07 | Property | 1 | 574 George | ||||||||||
27 | Loan | 1 | StorQuest Brentwood | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $125,000, $9,375 | 0 |
29 | Loan | 1 | Westwood Shopping Center | 0 | 9,785 | 352,247 | 0 | 0 | 0 | 0 | 0 | 0 | |
30 | Loan | 25 | 1 | 31 Jane Street | 0 | 0 | 0 | 0 | 0 | 0 | 13,875 | 0 | 0 |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
32.01 | Property | 1 | Estes Park Apartments | ||||||||||
32.02 | Property | 1 | Eastgate Apartments | ||||||||||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 305,000 | 0 |
35 | Loan | 1 | Burlington Merrillville IN | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 88,270 | 0 | |
36 | Loan | 1 | 928 North San Vicente | 0 | 0 | 0 | 0 | 0 | 0 | 5,000 | 0 | 0 | |
37 | Loan | 31 | 1 | WAG - Nashville | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | Springing |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
39 | Loan | 1 | New Albany Self Storage - OH | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 150,000 | 0 |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45,000 | 0 |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
43 | Loan | 1 | Shamrock MHC | 0 | 0 | 0 | 0 | 0 | 0 | 101,875 | 0 | 0 | |
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,750 | 0 |
45 | Loan | 1 | CVS – Littleton, MA | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,081,731 | 0 |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
A-1-13
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Other Reserve Description | Other Reserve Cap ($) |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | Upfront Landlord Work Reserve ($2,963,439); Rent Concession Reserve ($2,882,231); Springing Termination Fee Reserve | The product of $80 and the rentable square footage of the premises which was the subject of the related lease event |
2 | Loan | 6 | 1 | Four Constitution Square | USDOJ Lump Sum Payment Reserve | 0 |
3 | Loan | 7 | 1 | National Cancer Institute Center | NAP | 0 |
4 | Loan | 8 | 1 | U.S. Steel Tower | Existing TI/LC Reserve ($5,346,747); Free Rent Reserve ($273,033) | 0 |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | Rent Concession Reserve Funds | 0 |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | Unfunded Obligations Reserve ($122,730,124); Ground Rent Reserve (Springing) | 0 |
7 | Loan | 1 | Summerhill Pointe Apartments | NAP | 0 | |
8 | Loan | 14 | 1 | Three Constitution Square | USDOJ Lump Sum Payment Reserve | 0 |
9 | Loan | 1 | Fortune 7 Leased Campus | NAP | 0 | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | Facade Reserve ($519,452), Unit Renovation Reserve ($50,000), Rent Concession Reserve ($154,448) | 0 |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | NAP | 0 |
11.01 | Property | 1 | Life Storage - New Orleans | |||
11.02 | Property | 1 | Life Storage - Verot School | |||
11.03 | Property | 1 | Life Storage - Evangeline | |||
11.04 | Property | 1 | Life Storage - Johnston | |||
11.05 | Property | 1 | Life Storage - Baton Rouge | |||
12 | Loan | 1 | League City Town Center | Outstanding Leasing Costs ($87,799.04), Ross CAM Reserve ($25,239.89) | 0 | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | NAP | 0 |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | Springing Cash Trap Reserve Funds | 0 |
14.01 | Property | 1 | Securlock - Warner Robins | |||
14.02 | Property | 1 | Securlock - Dawsonville | |||
14.03 | Property | 1 | Securlock - Snellville | |||
15 | Loan | 20, 21 | 1 | 57 Prince Street | Top Floor Reserve (Upfront: $400,000), Scotch & Soda Reserve (Upfront: $1,600,000) | 0 |
16 | Loan | 1 | Euclid Plaza | NAP | 0 | |
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | Rent Concession Reserve ($65,259), Existing Obligation Reserve ($358,593) | 0 |
18 | Loan | 3 | A Storage Place Portfolio | NAP | 0 | |
18.01 | Property | 1 | Montrose Storage | |||
18.02 | Property | 1 | Alpine Storage | |||
18.03 | Property | 1 | Eagle Storage | |||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | Collateral Security Agreement For Capital Improvements | 0 |
20 | Loan | 1 | Midtown Mobile | NAP | 0 | |
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | Major Tenant Springing Reserve (Springing), Rent Concession Reserve ($37,281) | 0 |
22 | Loan | 1 | Vista Park Self Storage | NAP | 0 | |
23 | Loan | 1 | 3041 Sunrise Boulevard | NAP | 0 | |
24 | Loan | 30 | 1 | Riverdale Commerce Park | NAP | 0 |
25 | Loan | 1 | North Ridge Center | Tenant Reserve Fund | 0 | |
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | NAP | 0 | |
26.01 | Property | 1 | 365 Orchard | |||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | |||
26.03 | Property | 1 | 101 & 115 Dwight | |||
26.04 | Property | 1 | 33 Howe | |||
26.05 | Property | 1 | 109 Dwight St | |||
26.06 | Property | 1 | 38 Tilton | |||
26.07 | Property | 1 | 574 George | |||
27 | Loan | 1 | StorQuest Brentwood | NAP | 0 | |
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | Collateral Security Agreement Re: Maintenance Arrears, Collateral Security Agreement For Capital Improvements | 0 |
29 | Loan | 1 | Westwood Shopping Center | NAP | 0 | |
30 | Loan | 25 | 1 | 31 Jane Street | NAP | 0 |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | NAP | 0 |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | NAP | 0 | |
32.01 | Property | 1 | Estes Park Apartments | |||
32.02 | Property | 1 | Eastgate Apartments | |||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | NAP | 0 |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | Collateral Security Agreement Re: Accounts Payable | 0 |
35 | Loan | 1 | Burlington Merrillville IN | Burlington Free Rent Reserve | 0 | |
36 | Loan | 1 | 928 North San Vicente | NAP | 0 | |
37 | Loan | 31 | 1 | WAG - Nashville | Springing Cash Trap Reserve | 0 |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | NAP | 0 |
39 | Loan | 1 | New Albany Self Storage - OH | NAP | 0 | |
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | Collateral Security Agreement Re: Maintenance Arrears | 0 |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | Collateral Security Agreement For Capital Improvements | 0 |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | NAP | 0 |
43 | Loan | 1 | Shamrock MHC | NAP | 0 | |
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | Collateral Security Agreement For Capital Improvements | 0 |
45 | Loan | 1 | CVS – Littleton, MA | NAP | 0 | |
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | Collateral Security Agreement For Capital Improvements | 0 |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | NAP | 0 |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | NAP | 0 |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | NAP | 0 |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | NAP | 0 |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | NAP | 0 |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | NAP | 0 |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | NAP | 0 |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | NAP | 0 |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | NAP | 0 |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | NAP | 0 |
A-1-14
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Holdback/ Earnout Amount ($) | Holdback/ Earnout Description |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | 0 | NAP |
2 | Loan | 6 | 1 | Four Constitution Square | 0 | NAP |
3 | Loan | 7 | 1 | National Cancer Institute Center | 0 | NAP |
4 | Loan | 8 | 1 | U.S. Steel Tower | 0 | NAP |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | 0 | NAP |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | 0 | NAP |
7 | Loan | 1 | Summerhill Pointe Apartments | 0 | NAP | |
8 | Loan | 14 | 1 | Three Constitution Square | 0 | NAP |
9 | Loan | 1 | Fortune 7 Leased Campus | 0 | NAP | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | 0 | NAP |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | 0 | NAP |
11.01 | Property | 1 | Life Storage - New Orleans | |||
11.02 | Property | 1 | Life Storage - Verot School | |||
11.03 | Property | 1 | Life Storage - Evangeline | |||
11.04 | Property | 1 | Life Storage - Johnston | |||
11.05 | Property | 1 | Life Storage - Baton Rouge | |||
12 | Loan | 1 | League City Town Center | 0 | NAP | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | 0 | NAP |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | 0 | NAP |
14.01 | Property | 1 | Securlock - Warner Robins | |||
14.02 | Property | 1 | Securlock - Dawsonville | |||
14.03 | Property | 1 | Securlock - Snellville | |||
15 | Loan | 20, 21 | 1 | 57 Prince Street | 0 | NAP |
16 | Loan | 1 | Euclid Plaza | 0 | NAP | |
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | 2,500,000 | Advanced Telecom Lease Reserve ($2,500,000). So long as no Event of Default has occurred and is continuing, disbursement of funds to occur upon earlier to occur of: (I) delivery to lender of (A) Fully executed lease with Advanced Telecom received by lender satisfying the following conditions: (i) base term of at least five years, (ii) base rent is at least $34.20 PSF, (iii) leased premises contains at least 6,655 SF and (B) estoppel, or (II) debt yield exceeds 9.50% on a trailing 12 month basis. |
18 | Loan | 3 | A Storage Place Portfolio | 0 | NAP | |
18.01 | Property | 1 | Montrose Storage | |||
18.02 | Property | 1 | Alpine Storage | |||
18.03 | Property | 1 | Eagle Storage | |||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | 0 | NAP |
20 | Loan | 1 | Midtown Mobile | 0 | NAP | |
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | 0 | NAP |
22 | Loan | 1 | Vista Park Self Storage | 0 | NAP | |
23 | Loan | 1 | 3041 Sunrise Boulevard | 0 | NAP | |
24 | Loan | 30 | 1 | Riverdale Commerce Park | 0 | NAP |
25 | Loan | 1 | North Ridge Center | 0 | NAP | |
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | 0 | NAP | |
26.01 | Property | 1 | 365 Orchard | |||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | |||
26.03 | Property | 1 | 101 & 115 Dwight | |||
26.04 | Property | 1 | 33 Howe | |||
26.05 | Property | 1 | 109 Dwight St | |||
26.06 | Property | 1 | 38 Tilton | |||
26.07 | Property | 1 | 574 George | |||
27 | Loan | 1 | StorQuest Brentwood | 0 | NAP | |
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | 0 | NAP |
29 | Loan | 1 | Westwood Shopping Center | 0 | NAP | |
30 | Loan | 25 | 1 | 31 Jane Street | 0 | NAP |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | 0 | NAP |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | 0 | NAP | |
32.01 | Property | 1 | Estes Park Apartments | |||
32.02 | Property | 1 | Eastgate Apartments | |||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | 0 | NAP |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | 0 | NAP |
35 | Loan | 1 | Burlington Merrillville IN | 0 | NAP | |
36 | Loan | 1 | 928 North San Vicente | 0 | NAP | |
37 | Loan | 31 | 1 | WAG - Nashville | 0 | NAP |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | 0 | NAP |
39 | Loan | 1 | New Albany Self Storage - OH | 0 | NAP | |
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | 0 | NAP |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | 0 | NAP |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | 0 | NAP |
43 | Loan | 1 | Shamrock MHC | 0 | NAP | |
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | 0 | NAP |
45 | Loan | 1 | CVS – Littleton, MA | 0 | NAP | |
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | 0 | NAP |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | 0 | NAP |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | 0 | NAP |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | 0 | NAP |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | 0 | NAP |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | 0 | NAP |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | 0 | NAP |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | 0 | NAP |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | 0 | NAP |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | 0 | NAP |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | 0 | NAP |
A-1-15
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Lockbox Type | Cash Management | Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | Tenant Specific Excess Cash Trap Trigger (Y/N) | Pari Passu (Y/N) | Pari Passu in Trust Controlling (Y/N) | Trust Pari Passu Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | Hard | Springing | Yes | No | Yes | Yes | 100,000,000 | 120,000,000 | 341,496.21 | 626,076.39 |
2 | Loan | 6 | 1 | Four Constitution Square | Hard | Springing | Yes | Yes | Yes | Yes | 83,000,000 | 55,000,000 | 117,870.92 | 295,748.85 |
3 | Loan | 7 | 1 | National Cancer Institute Center | Hard | Springing | No | Yes | No | NAP | NAP | NAP | NAP | |
4 | Loan | 8 | 1 | U.S. Steel Tower | Hard | In Place | Yes | Yes | Yes | Yes | 70,000,000 | 90,000,000 | 280,059.10 | 497,882.85 |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | Hard | Springing | Yes | Yes | No | No | NAP | NAP | NAP | NAP |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | Hard | Springing | Yes | Yes | Yes | No | 60,000,000 | 320,000,000 | 815,653.33 | 968,588.33 |
7 | Loan | 1 | Summerhill Pointe Apartments | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | ||
8 | Loan | 14 | 1 | Three Constitution Square | Hard | Springing | Yes | Yes | Yes | Yes | 58,000,000 | 38,000,000 | 82,786.56 | 209,145.00 |
9 | Loan | 1 | Fortune 7 Leased Campus | Hard | In Place | Yes | Yes | Yes | Yes | 50,000,000 | 28,000,000 | 68,606.49 | 191,118.06 | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | Soft | Springing | Yes | Yes | Yes | Yes | 40,000,000 | 55,000,000 | 164,968.17 | 284,945.02 |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | |
11.01 | Property | 1 | Life Storage - New Orleans | |||||||||||
11.02 | Property | 1 | Life Storage - Verot School | |||||||||||
11.03 | Property | 1 | Life Storage - Evangeline | |||||||||||
11.04 | Property | 1 | Life Storage - Johnston | |||||||||||
11.05 | Property | 1 | Life Storage - Baton Rouge | |||||||||||
12 | Loan | 1 | League City Town Center | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | ||
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | |
14.01 | Property | 1 | Securlock - Warner Robins | |||||||||||
14.02 | Property | 1 | Securlock - Dawsonville | |||||||||||
14.03 | Property | 1 | Securlock - Snellville | |||||||||||
15 | Loan | 20, 21 | 1 | 57 Prince Street | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | |
16 | Loan | 1 | Euclid Plaza | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | ||
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | |
18 | Loan | 3 | A Storage Place Portfolio | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | ||
18.01 | Property | 1 | Montrose Storage | |||||||||||
18.02 | Property | 1 | Alpine Storage | |||||||||||
18.03 | Property | 1 | Eagle Storage | |||||||||||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
20 | Loan | 1 | Midtown Mobile | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | ||
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | Hard | In Place | Yes | Yes | No | NAP | NAP | NAP | NAP | |
22 | Loan | 1 | Vista Park Self Storage | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | ||
23 | Loan | 1 | 3041 Sunrise Boulevard | Hard | In Place | Yes | Yes | No | NAP | NAP | NAP | NAP | ||
24 | Loan | 30 | 1 | Riverdale Commerce Park | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | |
25 | Loan | 1 | North Ridge Center | Hard | In Place | Yes | Yes | No | NAP | NAP | NAP | NAP | ||
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | ||
26.01 | Property | 1 | 365 Orchard | |||||||||||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | |||||||||||
26.03 | Property | 1 | 101 & 115 Dwight | |||||||||||
26.04 | Property | 1 | 33 Howe | |||||||||||
26.05 | Property | 1 | 109 Dwight St | |||||||||||
26.06 | Property | 1 | 38 Tilton | |||||||||||
26.07 | Property | 1 | 574 George | |||||||||||
27 | Loan | 1 | StorQuest Brentwood | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | ||
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
29 | Loan | 1 | Westwood Shopping Center | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | ||
30 | Loan | 25 | 1 | 31 Jane Street | None | None | No | No | No | NAP | NAP | NAP | NAP | |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | ||
32.01 | Property | 1 | Estes Park Apartments | |||||||||||
32.02 | Property | 1 | Eastgate Apartments | |||||||||||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
35 | Loan | 1 | Burlington Merrillville IN | Hard | Springing | No | Yes | No | NAP | NAP | NAP | NAP | ||
36 | Loan | 1 | 928 North San Vicente | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | ||
37 | Loan | 31 | 1 | WAG - Nashville | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
39 | Loan | 1 | New Albany Self Storage - OH | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | ||
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | |
43 | Loan | 1 | Shamrock MHC | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | ||
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
45 | Loan | 1 | CVS – Littleton, MA | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | ||
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | None | None | No | No | No | NAP | NAP | NAP | NAP | |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP | |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | None | None | No | No | No | NAP | NAP | NAP | NAP |
A-1-16
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Subordinate Companion Loan Cut-off Date Balance ($) | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) | Whole Loan Underwritten NCF DSCR (x) | Whole Loan Underwritten NOI Debt Yield (%) | Mezzanine Debt Cut-off Date Balance($) | Mezzanine Debt Interest Rate (%) | Total Debt Cut-off Date Balance ($) | Total Debt Monthly Debt Service ($) |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 30,000,000 | 7.00000% | 250,000,000 | 803,506.95 |
2 | Loan | 6 | 1 | Four Constitution Square | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
3 | Loan | 7 | 1 | National Cancer Institute Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
4 | Loan | 8 | 1 | U.S. Steel Tower | 40,000,000 | 6.50000% | 200,000,000 | 717,558.78 | 52.4% | 1.98 | 9.2% | 45,000,000 | 10.50000% | 245,000,000 | 1,116,777.53 |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | 240,000,000 | 3.01680% | 620,000,000 | 1,580,328.33 | 62.0% | 2.89 | 8.9% | 130,000,000 | 4.50000% | 750,000,000 | 3,435,652.96 |
7 | Loan | 1 | Summerhill Pointe Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8 | Loan | 14 | 1 | Three Constitution Square | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9 | Loan | 1 | Fortune 7 Leased Campus | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11.01 | Property | 1 | Life Storage - New Orleans | ||||||||||||
11.02 | Property | 1 | Life Storage - Verot School | ||||||||||||
11.03 | Property | 1 | Life Storage - Evangeline | ||||||||||||
11.04 | Property | 1 | Life Storage - Johnston | ||||||||||||
11.05 | Property | 1 | Life Storage - Baton Rouge | ||||||||||||
12 | Loan | 1 | League City Town Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14.01 | Property | 1 | Securlock - Warner Robins | ||||||||||||
14.02 | Property | 1 | Securlock - Dawsonville | ||||||||||||
14.03 | Property | 1 | Securlock - Snellville | ||||||||||||
15 | Loan | 20, 21 | 1 | 57 Prince Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
16 | Loan | 1 | Euclid Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
18 | Loan | 3 | A Storage Place Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18.01 | Property | 1 | Montrose Storage | ||||||||||||
18.02 | Property | 1 | Alpine Storage | ||||||||||||
18.03 | Property | 1 | Eagle Storage | ||||||||||||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | 0 | 3.50000% | 15,000,000 | 41,611.69 | 11.7% | 3.67 | 12.7% | NAP | NAP | NAP | NAP |
20 | Loan | 1 | Midtown Mobile | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
22 | Loan | 1 | Vista Park Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
23 | Loan | 1 | 3041 Sunrise Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
24 | Loan | 30 | 1 | Riverdale Commerce Park | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
25 | Loan | 1 | North Ridge Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26.01 | Property | 1 | 365 Orchard | ||||||||||||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | ||||||||||||
26.03 | Property | 1 | 101 & 115 Dwight | ||||||||||||
26.04 | Property | 1 | 33 Howe | ||||||||||||
26.05 | Property | 1 | 109 Dwight St | ||||||||||||
26.06 | Property | 1 | 38 Tilton | ||||||||||||
26.07 | Property | 1 | 574 George | ||||||||||||
27 | Loan | 1 | StorQuest Brentwood | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | 0 | 3.70000% | 8,488,208 | 35,520.17 | 14.6% | 4.76 | 24.4% | NAP | NAP | NAP | NAP |
29 | Loan | 1 | Westwood Shopping Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
30 | Loan | 25 | 1 | 31 Jane Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | 0 | 3.70000% | 8,000,000 | 22,880.10 | 15.5% | 8.63 | 29.9% | NAP | NAP | NAP | NAP |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
32.01 | Property | 1 | Estes Park Apartments | ||||||||||||
32.02 | Property | 1 | Eastgate Apartments | ||||||||||||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | 0 | 3.70000% | 6,244,962 | 22,963.99 | 8.0% | 5.06 | 23.2% | NAP | NAP | NAP | NAP |
35 | Loan | 1 | Burlington Merrillville IN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
36 | Loan | 1 | 928 North San Vicente | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
37 | Loan | 31 | 1 | WAG - Nashville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | 0 | 3.70000% | 4,000,000 | 11,528.76 | 7.8% | 8.87 | 31.3% | NAP | NAP | NAP | NAP |
39 | Loan | 1 | New Albany Self Storage - OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | 0 | 0 | 3,500,000 | 12,867 | 0 | 12 | 1 | NAP | NAP | NAP | NAP |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | 0 | 3.50000% | 3,250,000 | 9,281.30 | 15.4% | 7.06 | 24.9% | NAP | NAP | NAP | NAP |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
43 | Loan | 1 | Shamrock MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | 0 | 3.70000% | 2,700,000 | 11,173.88 | 6.7% | 4.62 | 23.3% | NAP | NAP | NAP | NAP |
45 | Loan | 1 | CVS – Littleton, MA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | 0 | 3.70000% | 2,350,000 | 6,743.21 | 23.0% | 9.41 | 33.0% | NAP | NAP | NAP | NAP |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | 0 | 0 | 2,350,000 | 7,043 | 0 | 9 | 0 | NAP | NAP | NAP | NAP |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | 0 | 4.25000% | 1,870,000 | 8,181.28 | 16.6% | 5.30 | 28.6% | NAP | NAP | NAP | NAP |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | 0 | 3.50000% | 1,750,000 | 6,622.66 | 35.6% | 2.88 | 13.6% | NAP | NAP | NAP | NAP |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | 0 | 3.50000% | 2,073,625 | 7,532.86 | 9.3% | 10.94 | 48.7% | NAP | NAP | NAP | NAP |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | 0 | 0 | 1,897,785 | 7,919 | 0 | 4 | 0 | NAP | NAP | NAP | NAP |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | 0 | 3.75000% | 1,700,000 | 7,287.07 | 17.5% | 4.21 | 21.9% | NAP | NAP | NAP | NAP |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | 0 | 3.90000% | 1,450,000 | 6,185.56 | 19.6% | 2.41 | 12.7% | NAP | NAP | NAP | NAP |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | 0 | 0 | 1,298,496 | 5,378 | 0 | 6 | 0 | NAP | NAP | NAP | NAP |
A-1-17
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Total Debt Cut-off Date LTV Ratio (%) | Total Debt Underwritten NCF DSCR (x) | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) | Future Debt Permitted Type | Sponsor |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | 68.5% | 2.08 | 8.1% | No | NAP | Sabey-National Properties LLC |
2 | Loan | 6 | 1 | Four Constitution Square | NAP | NAP | NAP | Yes | Mezzanine | MetLife, Inc. and Norges Bank Investment Management |
3 | Loan | 7 | 1 | National Cancer Institute Center | NAP | NAP | NAP | No | NAP | Morgan Stanley Real Estate Advisor, Inc. and Mark Matan |
4 | Loan | 8 | 1 | U.S. Steel Tower | 64.2% | 1.27 | 7.5% | No | NAP | The 601W Companies |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | NAP | NAP | NAP | No | NAP | Albert Laboz, Jason Laboz and Joseph Jody Laboz |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | 75.0% | 1.33 | 7.4% | No | NAP | Kylli Inc. |
7 | Loan | 1 | Summerhill Pointe Apartments | NAP | NAP | NAP | No | NAP | Sho Nakatani and Shin Nakatani | |
8 | Loan | 14 | 1 | Three Constitution Square | NAP | NAP | NAP | Yes | Mezzanine | MetLife, Inc. and Norges Bank Investment Management |
9 | Loan | 1 | Fortune 7 Leased Campus | NAP | NAP | NAP | No | NAP | Golden Eagle Group Inc. | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | NAP | NAP | NAP | No | NAP | Michael E. Laub |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | NAP | NAP | NAP | No | NAP | Robert Craig Smith |
11.01 | Property | 1 | Life Storage - New Orleans | |||||||
11.02 | Property | 1 | Life Storage - Verot School | |||||||
11.03 | Property | 1 | Life Storage - Evangeline | |||||||
11.04 | Property | 1 | Life Storage - Johnston | |||||||
11.05 | Property | 1 | Life Storage - Baton Rouge | |||||||
12 | Loan | 1 | League City Town Center | NAP | NAP | NAP | No | NAP | Anthony Tarantino and Jimmy Nassour | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | NAP | NAP | NAP | No | NAP | Julian Robert Orton III |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | NAP | NAP | NAP | No | NAP | Steven Houghton Sr. |
14.01 | Property | 1 | Securlock - Warner Robins | |||||||
14.02 | Property | 1 | Securlock - Dawsonville | |||||||
14.03 | Property | 1 | Securlock - Snellville | |||||||
15 | Loan | 20, 21 | 1 | 57 Prince Street | NAP | NAP | NAP | No | NAP | Warren Freyer and Michael Moynihan |
16 | Loan | 1 | Euclid Plaza | NAP | NAP | NAP | No | NAP | Plaza Fiesta, LLC | |
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | NAP | NAP | NAP | No | NAP | Matthew White |
18 | Loan | 3 | A Storage Place Portfolio | NAP | NAP | NAP | No | NAP | Darryl B. Flaming, Carolyn Ann Flaming and Flaming Revocable Declaration of Trust | |
18.01 | Property | 1 | Montrose Storage | |||||||
18.02 | Property | 1 | Alpine Storage | |||||||
18.03 | Property | 1 | Eagle Storage | |||||||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | NAP | NAP | NAP | Yes | Unsecured | NAP |
20 | Loan | 1 | Midtown Mobile | NAP | NAP | NAP | No | NAP | ECA Buligo Midtown Partners, LP | |
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | NAP | NAP | NAP | No | NAP | Karl Slovin |
22 | Loan | 1 | Vista Park Self Storage | NAP | NAP | NAP | No | NAP | Reid Hamilton and Richard J. Reviglio | |
23 | Loan | 1 | 3041 Sunrise Boulevard | NAP | NAP | NAP | No | NAP | Global Gate Capital Partners Limited | |
24 | Loan | 30 | 1 | Riverdale Commerce Park | NAP | NAP | NAP | No | NAP | Christopher L. Eddy and Ronald P. Brady |
25 | Loan | 1 | North Ridge Center | NAP | NAP | NAP | No | NAP | Mark Cunningham, Mahesh Amin, Meeta Amin | |
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | NAP | NAP | NAP | No | NAP | Sam Hecht | |
26.01 | Property | 1 | 365 Orchard | |||||||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | |||||||
26.03 | Property | 1 | 101 & 115 Dwight | |||||||
26.04 | Property | 1 | 33 Howe | |||||||
26.05 | Property | 1 | 109 Dwight St | |||||||
26.06 | Property | 1 | 38 Tilton | |||||||
26.07 | Property | 1 | 574 George | |||||||
27 | Loan | 1 | StorQuest Brentwood | NAP | NAP | NAP | No | NAP | Jeffrey W. Abramson, The Abramson Family Trust, H. William Harlan II, The Harlan Revocable Trust, Matthew A. Tunney, The Matthew A. and Stephaney J. Tunney 2001 Trust Dated October 12, 2001, As Amended and Restated in 2008, Willard F. Tunney, The Tunney Family 1996 Trust, John G. Montgomery and The John and Nancy Montgomery Living Trust Dated June 29, 1999 | |
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | NAP | NAP | NAP | Yes | Unsecured | NAP |
29 | Loan | 1 | Westwood Shopping Center | NAP | NAP | NAP | No | NAP | Kenneth M. Kleban | |
30 | Loan | 25 | 1 | 31 Jane Street | NAP | NAP | NAP | Yes | Subordinate Secured | NAP |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | NAP | NAP | NAP | Yes | Unsecured | NAP |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | NAP | NAP | NAP | No | NAP | David Dorn | |
32.01 | Property | 1 | Estes Park Apartments | |||||||
32.02 | Property | 1 | Eastgate Apartments | |||||||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | NAP | NAP | NAP | Yes | Unsecured | NAP |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | NAP | NAP | NAP | Yes | Unsecured | NAP |
35 | Loan | 1 | Burlington Merrillville IN | NAP | NAP | NAP | No | NAP | Schottenstein Realty LLC | |
36 | Loan | 1 | 928 North San Vicente | NAP | NAP | NAP | No | NAP | Michael Lipman and The Michael Allan Lipman Living Trust | |
37 | Loan | 31 | 1 | WAG - Nashville | NAP | NAP | NAP | No | NAP | Kenneth P. Slaught, William B. Brace, and Robert L. Brace |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | NAP | NAP | NAP | Yes | Unsecured | NAP |
39 | Loan | 1 | New Albany Self Storage - OH | NAP | NAP | NAP | No | NAP | Brett Hatcher, Cory Bonda and Gabriel Coe | |
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | NAP | NAP | NAP | Yes | Unsecured | NAP |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | NAP | NAP | NAP | Yes | Unsecured | NAP |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | NAP | NAP | NAP | No | NAP | Paul S. Gravenhorst |
43 | Loan | 1 | Shamrock MHC | NAP | NAP | NAP | No | NAP | William J. Damin | |
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | NAP | NAP | NAP | Yes | Unsecured | NAP |
45 | Loan | 1 | CVS – Littleton, MA | NAP | NAP | NAP | No | NAP | David R. Grieve | |
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | NAP | NAP | NAP | Yes | Unsecured | NAP |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | NAP | NAP | NAP | Yes | Unsecured | NAP |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | NAP | NAP | NAP | Yes | Unsecured | NAP |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | NAP | NAP | NAP | Yes | Unsecured | NAP |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | NAP | NAP | NAP | Yes | Secured; Unsecured | NAP |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | NAP | NAP | NAP | Yes | Unsecured | NAP |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | NAP | NAP | NAP | Yes | Unsecured | NAP |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | NAP | NAP | NAP | Yes | Unsecured | NAP |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | NAP | NAP | NAP | Yes | Unsecured | NAP |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | NAP | NAP | NAP | Yes | Unsecured | NAP |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | NAP | NAP | NAP | Yes | Unsecured | NAP |
A-1-18
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Non-Recourse Carveout Guarantor | Delaware Statutory Trust (Y/N) | Tenants-in-common (Y/N) | Loan Purpose | Property Located Within a Qualified Opportunity Zone (Y/N) | Sources: Loan Amount ($) |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | Indure Build-To-Core Fund, LLC | No | No | Refinance | 220,000,000 | |
2 | Loan | 6 | 1 | Four Constitution Square | ConSquare Office Four Owner, LLC | No | No | Recapitalization | 138,000,000 | |
3 | Loan | 7 | 1 | National Cancer Institute Center | RIV 402, LLC | No | No | Refinance | 83,000,000 | |
4 | Loan | 8 | 1 | U.S. Steel Tower | Michael Silberberg | No | No | Refinance | 200,000,000 | |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | Albert Laboz, Jason Laboz and Joseph Jody Laboz | No | No | Refinance | 64,000,000 | |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | Kylli Inc. | No | No | Refinance | 380,000,000 | |
7 | Loan | 1 | Summerhill Pointe Apartments | New NAC, Inc. and Sho Nakatani | No | No | Refinance | 60,000,000 | ||
8 | Loan | 14 | 1 | Three Constitution Square | ConSquare Office Three Owner, LLC | No | No | Recapitalization | 96,000,000 | |
9 | Loan | 1 | Fortune 7 Leased Campus | GEG Investments LLC and Golden Eagle Group Inc. | No | No | Acquisition | 78,000,000 | ||
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | Michael E. Laub | No | No | Refinance | 95,000,000 | |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | Brookwood Properties, L.L.C. | No | No | Refinance | 32,350,000 | |
11.01 | Property | 1 | Life Storage - New Orleans | No | No | |||||
11.02 | Property | 1 | Life Storage - Verot School | No | No | |||||
11.03 | Property | 1 | Life Storage - Evangeline | No | No | |||||
11.04 | Property | 1 | Life Storage - Johnston | No | No | |||||
11.05 | Property | 1 | Life Storage - Baton Rouge | No | No | |||||
12 | Loan | 1 | League City Town Center | Anthony Tarantino and Jimmy Nassour | No | Yes | Acquisition | 29,900,000 | ||
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | Julian Robert Orton III | No | No | Acquisition | 27,108,900 | |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | Steven Houghton Sr. | No | No | Refinance | 18,000,000 | |
14.01 | Property | 1 | Securlock - Warner Robins | No | No | |||||
14.02 | Property | 1 | Securlock - Dawsonville | No | No | |||||
14.03 | Property | 1 | Securlock - Snellville | No | No | |||||
15 | Loan | 20, 21 | 1 | 57 Prince Street | Michael Moynihan and Warren Freyer | No | No | Refinance | 17,600,000 | |
16 | Loan | 1 | Euclid Plaza | Plaza Fiesta, LLC | No | No | Acquisition | |||
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | Matthew White and The Matthew White Family Trust | No | No | Refinance | ||
18 | Loan | 3 | A Storage Place Portfolio | Darryl B. Flaming, Carolyn Ann Flaming and Flaming Revocable Declaration of Trust Dated May 24, 2005 | No | No | Refinance | |||
18.01 | Property | 1 | Montrose Storage | No | No | |||||
18.02 | Property | 1 | Alpine Storage | No | No | |||||
18.03 | Property | 1 | Eagle Storage | No | No | |||||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | NAP | No | No | Refinance | ||
20 | Loan | 1 | Midtown Mobile | Christopher Wild and Elliot Sasson | No | No | Acquisition | |||
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | Karl Slovin | No | No | Refinance | ||
22 | Loan | 1 | Vista Park Self Storage | Reid Hamilton and Richard J. Reviglio | No | No | Refinance | |||
23 | Loan | 1 | 3041 Sunrise Boulevard | Global Gate Capital Partners Limited | No | No | Acquisition | |||
24 | Loan | 30 | 1 | Riverdale Commerce Park | Christopher L. Eddy and Ronald P. Brady | No | Yes | Refinance | ||
25 | Loan | 1 | North Ridge Center | Mark Cunningham, Mahesh Amin and Meeta Amin | No | Yes | Acquisition | |||
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | Sam Hecht | No | No | Refinance | |||
26.01 | Property | 1 | 365 Orchard | No | No | |||||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | No | No | |||||
26.03 | Property | 1 | 101 & 115 Dwight | No | No | |||||
26.04 | Property | 1 | 33 Howe | No | No | |||||
26.05 | Property | 1 | 109 Dwight St | No | No | |||||
26.06 | Property | 1 | 38 Tilton | No | No | |||||
26.07 | Property | 1 | 574 George | No | No | |||||
27 | Loan | 1 | StorQuest Brentwood | Jeffrey W. Abramson, The Abramson Family Trust, H. William Harlan II, The Harlan Revocable Trust, Matthew A. Tunney, The Matthew A. and Stephaney J. Tunney 2001 Trust Dated October 12, 2001, As Amended and Restated in 2008, Willard F. Tunney, The Tunney Family 1996 Trust, John G. Montgomery and The John and Nancy Montgomery Living Trust Dated June 29, 1999 | No | No | Refinance | |||
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | NAP | No | No | Refinance | ||
29 | Loan | 1 | Westwood Shopping Center | Kenneth M. Kleban | No | No | Refinance | |||
30 | Loan | 25 | 1 | 31 Jane Street | NAP | No | No | Refinance | ||
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | NAP | No | No | Refinance | ||
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | David Dorn | No | No | Refinance; Recapitalization | |||
32.01 | Property | 1 | Estes Park Apartments | No | No | |||||
32.02 | Property | 1 | Eastgate Apartments | No | No | |||||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | NAP | No | No | Refinance | ||
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | NAP | No | No | Refinance | ||
35 | Loan | 1 | Burlington Merrillville IN | Schottenstein Realty LLC | No | No | Acquisition | |||
36 | Loan | 1 | 928 North San Vicente | Michael Allan Lipman and The Michael Allan Lipman Living Trust | No | No | Refinance | |||
37 | Loan | 31 | 1 | WAG - Nashville | Kenneth P. Slaught, William B. Brace, and Robert L. Brace | No | Yes | Acquisition | ||
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | NAP | No | No | Refinance | ||
39 | Loan | 1 | New Albany Self Storage - OH | Brett Hatcher, Cory Bonda and Gabriel Coe | No | No | Refinance | |||
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | NAP | No | No | Refinance | ||
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | NAP | No | No | Refinance | ||
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | Paul S. Gravenhorst | No | No | Refinance | ||
43 | Loan | 1 | Shamrock MHC | William J. Damin | No | No | Refinance | |||
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | NAP | No | No | Refinance | ||
45 | Loan | 1 | CVS – Littleton, MA | David R. Grieve | No | No | Refinance | |||
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | NAP | No | No | Recapitalization | ||
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | NAP | No | No | Refinance | ||
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | NAP | No | No | Refinance | ||
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | NAP | No | No | Refinance | ||
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | NAP | No | No | Refinance | ||
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | NAP | No | No | Refinance | ||
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | NAP | No | No | Refinance | ||
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | NAP | No | No | Refinance | ||
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | NAP | No | No | Refinance | ||
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | NAP | No | No | Refinance | ||
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | NAP | No | No | Refinance |
A-1-19
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Sources: Principal’s New Cash Contribution ($) | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) | Uses: Loan Payoff ($) | Uses: Purchase Price ($) | Uses: Closing Costs ($) | Uses: Reserves ($) | Uses: Principal Equity Distribution ($) | Uses: Other Uses ($) | Uses: Total Uses ($) |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | 0 | 30,000,000 | 0 | 250,000,000 | 234,451,625 | 0 | 3,151,476 | 5,845,670 | 6,551,229 | 0 | 250,000,000 |
2 | Loan | 6 | 1 | Four Constitution Square | 0 | 0 | 0 | 138,000,000 | 0 | 0 | 4,423,886 | 0 | 133,576,114 | 0 | 138,000,000 |
3 | Loan | 7 | 1 | National Cancer Institute Center | 0 | 0 | 0 | 83,000,000 | 64,282,111 | 0 | 810,327 | 0 | 17,907,562 | 0 | 83,000,000 |
4 | Loan | 8 | 1 | U.S. Steel Tower | 18,082,905 | 45,000,000 | 0 | 263,082,905 | 173,687,525 | 0 | 4,146,677 | 12,966,235 | 0 | 72,282,468 | 263,082,905 |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | 0 | 0 | 0 | 64,000,000 | 50,075,393 | 0 | 2,139,584 | 1,703,779 | 10,081,244 | 0 | 64,000,000 |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | 0 | 240,000,000 | 130,000,000 | 750,000,000 | 450,379,085 | 0 | 29,007,553 | 122,730,124 | 147,883,238 | 0 | 750,000,000 |
7 | Loan | 1 | Summerhill Pointe Apartments | 0 | 0 | 0 | 60,000,000 | 39,988,253 | 0 | 895,543 | 415,508 | 18,700,696 | 0 | 60,000,000 | |
8 | Loan | 14 | 1 | Three Constitution Square | 0 | 0 | 0 | 96,000,000 | 0 | 0 | 3,139,771 | 0 | 92,860,229 | 0 | 96,000,000 |
9 | Loan | 1 | Fortune 7 Leased Campus | 48,394,190 | 0 | 0 | 126,394,190 | 0 | 120,000,000 | 6,371,504 | 22,686 | 0 | 0 | 126,394,190 | |
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | 0 | 0 | 0 | 95,000,000 | 89,355,143 | 0 | 1,114,775 | 2,313,780 | 2,216,302 | 0 | 95,000,000 |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | 0 | 0 | 0 | 32,350,000 | 31,634,433 | 0 | 162,245 | 240,734 | 312,588 | 0 | 32,350,000 |
11.01 | Property | 1 | Life Storage - New Orleans | ||||||||||||
11.02 | Property | 1 | Life Storage - Verot School | ||||||||||||
11.03 | Property | 1 | Life Storage - Evangeline | ||||||||||||
11.04 | Property | 1 | Life Storage - Johnston | ||||||||||||
11.05 | Property | 1 | Life Storage - Baton Rouge | ||||||||||||
12 | Loan | 1 | League City Town Center | 20,258,512 | 0 | 0 | 50,158,512 | 0 | 46,000,000 | 3,255,361 | 903,151 | 0 | 0 | 50,158,512 | |
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | 15,533,258 | 0 | 0 | 42,642,158 | 0 | 41,750,000 | 892,158 | 0 | 0 | 0 | 42,642,158 |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | 0 | 0 | 0 | 18,000,000 | 8,530,060 | 0 | 220,696 | 78,570 | 9,170,674 | 0 | 18,000,000 |
14.01 | Property | 1 | Securlock - Warner Robins | ||||||||||||
14.02 | Property | 1 | Securlock - Dawsonville | ||||||||||||
14.03 | Property | 1 | Securlock - Snellville | ||||||||||||
15 | Loan | 20, 21 | 1 | 57 Prince Street | 0 | 0 | 0 | 17,600,000 | 12,785,410 | 0 | 459,822 | 2,256,011 | 2,098,758 | 0 | 17,600,000 |
16 | Loan | 1 | Euclid Plaza | ||||||||||||
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | |||||||||||
18 | Loan | 3 | A Storage Place Portfolio | ||||||||||||
18.01 | Property | 1 | Montrose Storage | ||||||||||||
18.02 | Property | 1 | Alpine Storage | ||||||||||||
18.03 | Property | 1 | Eagle Storage | ||||||||||||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | |||||||||||
20 | Loan | 1 | Midtown Mobile | ||||||||||||
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | |||||||||||
22 | Loan | 1 | Vista Park Self Storage | ||||||||||||
23 | Loan | 1 | 3041 Sunrise Boulevard | ||||||||||||
24 | Loan | 30 | 1 | Riverdale Commerce Park | |||||||||||
25 | Loan | 1 | North Ridge Center | ||||||||||||
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | ||||||||||||
26.01 | Property | 1 | 365 Orchard | ||||||||||||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | ||||||||||||
26.03 | Property | 1 | 101 & 115 Dwight | ||||||||||||
26.04 | Property | 1 | 33 Howe | ||||||||||||
26.05 | Property | 1 | 109 Dwight St | ||||||||||||
26.06 | Property | 1 | 38 Tilton | ||||||||||||
26.07 | Property | 1 | 574 George | ||||||||||||
27 | Loan | 1 | StorQuest Brentwood | ||||||||||||
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | |||||||||||
29 | Loan | 1 | Westwood Shopping Center | ||||||||||||
30 | Loan | 25 | 1 | 31 Jane Street | |||||||||||
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | |||||||||||
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | ||||||||||||
32.01 | Property | 1 | Estes Park Apartments | ||||||||||||
32.02 | Property | 1 | Eastgate Apartments | ||||||||||||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | |||||||||||
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | |||||||||||
35 | Loan | 1 | Burlington Merrillville IN | ||||||||||||
36 | Loan | 1 | 928 North San Vicente | ||||||||||||
37 | Loan | 31 | 1 | WAG - Nashville | |||||||||||
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | |||||||||||
39 | Loan | 1 | New Albany Self Storage - OH | ||||||||||||
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | |||||||||||
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | |||||||||||
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | |||||||||||
43 | Loan | 1 | Shamrock MHC | ||||||||||||
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | |||||||||||
45 | Loan | 1 | CVS – Littleton, MA | ||||||||||||
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | |||||||||||
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | |||||||||||
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | |||||||||||
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | |||||||||||
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | |||||||||||
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | |||||||||||
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | |||||||||||
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | |||||||||||
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | |||||||||||
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | |||||||||||
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. |
A-1-20
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Franchise Agreement Expiration | Underwritten ADR ($) | Underwritten RevPAR ($) | Underwritten Hotel Occupancy (%) | Most Recent ADR ($) | Most Recent RevPAR ($) | Most Recent Hotel Occupancy (%) | Second Most Recent ADR ($) | Second Most Recent RevPAR ($) | Second Most Recent Hotel Occupancy (%) |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
2 | Loan | 6 | 1 | Four Constitution Square | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3 | Loan | 7 | 1 | National Cancer Institute Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4 | Loan | 8 | 1 | U.S. Steel Tower | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7 | Loan | 1 | Summerhill Pointe Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
8 | Loan | 14 | 1 | Three Constitution Square | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9 | Loan | 1 | Fortune 7 Leased Campus | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.01 | Property | 1 | Life Storage - New Orleans | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
11.02 | Property | 1 | Life Storage - Verot School | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
11.03 | Property | 1 | Life Storage - Evangeline | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
11.04 | Property | 1 | Life Storage - Johnston | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
11.05 | Property | 1 | Life Storage - Baton Rouge | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
12 | Loan | 1 | League City Town Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.01 | Property | 1 | Securlock - Warner Robins | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
14.02 | Property | 1 | Securlock - Dawsonville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
14.03 | Property | 1 | Securlock - Snellville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
15 | Loan | 20, 21 | 1 | 57 Prince Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
16 | Loan | 1 | Euclid Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18 | Loan | 3 | A Storage Place Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
18.01 | Property | 1 | Montrose Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
18.02 | Property | 1 | Alpine Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
18.03 | Property | 1 | Eagle Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
20 | Loan | 1 | Midtown Mobile | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
22 | Loan | 1 | Vista Park Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
23 | Loan | 1 | 3041 Sunrise Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
24 | Loan | 30 | 1 | Riverdale Commerce Park | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
25 | Loan | 1 | North Ridge Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
26.01 | Property | 1 | 365 Orchard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
26.03 | Property | 1 | 101 & 115 Dwight | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
26.04 | Property | 1 | 33 Howe | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
26.05 | Property | 1 | 109 Dwight St | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
26.06 | Property | 1 | 38 Tilton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
26.07 | Property | 1 | 574 George | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
27 | Loan | 1 | StorQuest Brentwood | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29 | Loan | 1 | Westwood Shopping Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
30 | Loan | 25 | 1 | 31 Jane Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
32.01 | Property | 1 | Estes Park Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
32.02 | Property | 1 | Eastgate Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
35 | Loan | 1 | Burlington Merrillville IN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
36 | Loan | 1 | 928 North San Vicente | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
37 | Loan | 31 | 1 | WAG - Nashville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
39 | Loan | 1 | New Albany Self Storage - OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
43 | Loan | 1 | Shamrock MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
45 | Loan | 1 | CVS – Littleton, MA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-21
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Third Most Recent ADR ($) | Third Most Recent RevPAR ($) | Third Most Recent Hotel Occupancy (%) | Coop - Committed Secondary Debt | Coop - Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Coop Units | Coop - Sponsor/ Investor Carry |
1 | Loan | 4, 5 | 1 | 375 Pearl Street | NAP | NAP | NAP | ||||||||
2 | Loan | 6 | 1 | Four Constitution Square | NAP | NAP | NAP | ||||||||
3 | Loan | 7 | 1 | National Cancer Institute Center | NAP | NAP | NAP | ||||||||
4 | Loan | 8 | 1 | U.S. Steel Tower | NAP | NAP | NAP | ||||||||
5 | Loan | 9, 10 | 1 | 160-08 Jamaica Avenue | NAP | NAP | NAP | ||||||||
6 | Loan | 11, 12, 13 | 1 | Burlingame Point | NAP | NAP | NAP | ||||||||
7 | Loan | 1 | Summerhill Pointe Apartments | NAP | NAP | NAP | |||||||||
8 | Loan | 14 | 1 | Three Constitution Square | NAP | NAP | NAP | ||||||||
9 | Loan | 1 | Fortune 7 Leased Campus | NAP | NAP | NAP | |||||||||
10 | Loan | 15, 16 | 1 | 261-275 Amsterdam Avenue | NAP | NAP | NAP | ||||||||
11 | Loan | 17 | 5 | Brookwood Self Storage Portfolio | NAP | NAP | NAP | ||||||||
11.01 | Property | 1 | Life Storage - New Orleans | NAP | NAP | NAP | |||||||||
11.02 | Property | 1 | Life Storage - Verot School | NAP | NAP | NAP | |||||||||
11.03 | Property | 1 | Life Storage - Evangeline | NAP | NAP | NAP | |||||||||
11.04 | Property | 1 | Life Storage - Johnston | NAP | NAP | NAP | |||||||||
11.05 | Property | 1 | Life Storage - Baton Rouge | NAP | NAP | NAP | |||||||||
12 | Loan | 1 | League City Town Center | NAP | NAP | NAP | |||||||||
13 | Loan | 18 | 1 | Lowe’s - San Jose, CA | NAP | NAP | NAP | ||||||||
14 | Loan | 19 | 3 | Securlock 12 Self-Storage Portfolio | NAP | NAP | NAP | ||||||||
14.01 | Property | 1 | Securlock - Warner Robins | NAP | NAP | NAP | |||||||||
14.02 | Property | 1 | Securlock - Dawsonville | NAP | NAP | NAP | |||||||||
14.03 | Property | 1 | Securlock - Snellville | NAP | NAP | NAP | |||||||||
15 | Loan | 20, 21 | 1 | 57 Prince Street | NAP | NAP | NAP | ||||||||
16 | Loan | 1 | Euclid Plaza | NAP | NAP | NAP | |||||||||
17 | Loan | 22, 23, 24 | 1 | 200 South Virginia Street | NAP | NAP | NAP | ||||||||
18 | Loan | 3 | A Storage Place Portfolio | NAP | NAP | NAP | |||||||||
18.01 | Property | 1 | Montrose Storage | NAP | NAP | NAP | |||||||||
18.02 | Property | 1 | Alpine Storage | NAP | NAP | NAP | |||||||||
18.03 | Property | 1 | Eagle Storage | NAP | NAP | NAP | |||||||||
19 | Loan | 25, 26 | 1 | 150 East Tenants Corp. | NAP | NAP | NAP | 2,000,000 | 36,300,000 | 35.8% | 0.0% | 0 | 0 | 0 | NAP |
20 | Loan | 1 | Midtown Mobile | NAP | NAP | NAP | |||||||||
21 | Loan | 27, 28, 29 | 1 | Sherman Oaks Plaza | NAP | NAP | NAP | ||||||||
22 | Loan | 1 | Vista Park Self Storage | NAP | NAP | NAP | |||||||||
23 | Loan | 1 | 3041 Sunrise Boulevard | NAP | NAP | NAP | |||||||||
24 | Loan | 30 | 1 | Riverdale Commerce Park | NAP | NAP | NAP | ||||||||
25 | Loan | 1 | North Ridge Center | NAP | NAP | NAP | NAP | ||||||||
26 | Loan | 7 | Adar New Haven Multifamily Portfolio | NAP | NAP | NAP | |||||||||
26.01 | Property | 1 | 365 Orchard | NAP | NAP | NAP | |||||||||
26.02 | Property | 1 | 103 Ramsdell / 68 Anthony | NAP | NAP | NAP | |||||||||
26.03 | Property | 1 | 101 & 115 Dwight | NAP | NAP | NAP | |||||||||
26.04 | Property | 1 | 33 Howe | NAP | NAP | NAP | |||||||||
26.05 | Property | 1 | 109 Dwight St | NAP | NAP | NAP | |||||||||
26.06 | Property | 1 | 38 Tilton | NAP | NAP | NAP | |||||||||
26.07 | Property | 1 | 574 George | NAP | NAP | NAP | |||||||||
27 | Loan | 1 | StorQuest Brentwood | NAP | NAP | NAP | |||||||||
28 | Loan | 25, 26 | 1 | Eden Rock Owners, Inc. | NAP | NAP | NAP | 1,000,000 | 38,400,000 | 19.5% | 3.5% | 7 | 0 | 0 | 12,460 |
29 | Loan | 1 | Westwood Shopping Center | NAP | NAP | NAP | |||||||||
30 | Loan | 25 | 1 | 31 Jane Street | NAP | NAP | NAP | - | 75,100,000 | 9.3% | 6.3% | 8 | 0 | 0 | 50,381 |
31 | Loan | 25, 26 | 1 | Briarwood Owners’ Corp. | NAP | NAP | NAP | 1,000,000 | 43,000,000 | 16.3% | 20.5% | 0 | 48 | 0 | 540,347 |
32 | Loan | 2 | Eastgate & Estes Multifamily Portfolio | NAP | NAP | NAP | |||||||||
32.01 | Property | 1 | Estes Park Apartments | NAP | NAP | NAP | |||||||||
32.02 | Property | 1 | Eastgate Apartments | NAP | NAP | NAP | |||||||||
33 | Loan | 25, 26 | 1 | Bon Aire Properties, Inc. | NAP | NAP | NAP | NAP | 26,000,000 | 24.2% | 0.0% | 0 | 0 | 0 | NAP |
34 | Loan | 25, 26 | 1 | 215 W. 75th St. Owners Corp. | NAP | NAP | NAP | 750,000 | 27,700,000 | 19.8% | 17.1% | 18 | 0 | 0 | -112,484 |
35 | Loan | 1 | Burlington Merrillville IN | NAP | NAP | NAP | |||||||||
36 | Loan | 1 | 928 North San Vicente | NAP | NAP | NAP | |||||||||
37 | Loan | 31 | 1 | WAG - Nashville | NAP | NAP | NAP | ||||||||
38 | Loan | 25, 26 | 1 | 10 Bleecker Street Owners Corp. | NAP | NAP | NAP | 500,000 | 24,430,000 | 14.3% | 0.0% | 0 | 0 | 0 | NAP |
39 | Loan | 1 | New Albany Self Storage - OH | NAP | NAP | NAP | NAP | ||||||||
40 | Loan | 25, 26 | 1 | 45 W. 10 Tenants’ Corp. | NAP | NAP | NAP | 500,000 | 35,840,000 | 8.4% | 0.0% | 0 | 0 | 0 | NAP |
41 | Loan | 25, 26 | 1 | Sterling Arms Owners Corp. | NAP | NAP | NAP | 250,000 | 14,200,000 | 21.1% | 25.7% | 19 | 0 | 0 | 142,349 |
42 | Loan | 32, 33 | 1 | Discount Mini Storage & Retail | NAP | NAP | NAP | ||||||||
43 | Loan | 1 | Shamrock MHC | NAP | NAP | NAP | |||||||||
44 | Loan | 25, 26 | 1 | Orienta Owners, Inc. | NAP | NAP | NAP | 500,000 | 12,000,000 | 18.3% | 21.4% | 9 | 0 | 0 | -61,720 |
45 | Loan | 1 | CVS – Littleton, MA | NAP | NAP | NAP | |||||||||
46 | Loan | 25, 26 | 1 | Chateaufort Place Cooperative, Inc. | NAP | NAP | NAP | NAP | 12,300,000 | 17.1% | 0.0% | 0 | 0 | 0 | NAP |
47 | Loan | 25, 26 | 1 | North Broadway Estates Ltd. | NAP | NAP | NAP | 250,000 | 13,800,000 | 15.2% | 3.7% | 2 | 0 | 0 | NAV |
48 | Loan | 25, 26 | 1 | 55-57 East 76th Street, Inc. A/K/A 55-57 East 76th Street Inc | NAP | NAP | NAP | 500,000 | 14,700,000 | 12.6% | 0.0% | 0 | 0 | 0 | NAP |
49 | Loan | 25, 26 | 1 | Princeton Owners Corp. | NAP | NAP | NAP | 250,000 | 9,400,000 | 17.2% | 0.0% | 0 | 0 | 0 | NAP |
50 | Loan | 25, 26 | 1 | Lincoln Park Manor Tenant Corp. | NAP | NAP | NAP | 150,000 | 3,950,000 | 40.5% | 60.0% | 18 | 0 | 0 | 62,462 |
51 | Loan | 25, 26 | 1 | Crocheron Tenants Corp. | NAP | NAP | NAP | 500,000 | 17,900,000 | 8.8% | 7.1% | 6 | 0 | 0 | 17,814 |
52 | Loan | 25, 26 | 1 | 203 Owners Corp. | NAP | NAP | NAP | 400,000 | 9,100,000 | 16.5% | 30.0% | 9 | 0 | 0 | 80,639 |
53 | Loan | 25, 26 | 1 | 107-109-111 North 9th St. Owners Corp. | NAP | NAP | NAP | 250,000 | 8,100,000 | 17.9% | 14.3% | 2 | 0 | 0 | 19,896 |
54 | Loan | 25, 26 | 1 | Tiffany Towers Ltd. | NAP | NAP | NAP | NAP | 8,150,000 | 16.9% | 0.0% | 0 | 0 | 0 | NAP |
55 | Loan | 25, 26 | 1 | Yorkville 87 Housing Corp. | NAP | NAP | NAP | 250,000 | 3,600,000 | 33.3% | 0.0% | 0 | 0 | 0 | NAP |
56 | Loan | 25, 26 | 1 | 177 Columbia Owners Corp. | NAP | NAP | NAP | 300,000 | 9,150,000 | 10.9% | 3.4% | 0 | 0 | 1 | NAP |
A-1-22
FOOTNOTES TO ANNEX A-1 | |||
See “Annex A-3: Summaries of the Fifteen Largest Mortgage Loans” in the Preliminary Prospectus for additional information on the 15 largest mortgage loans. | |||
(1) | “WFB” denotes Wells Fargo Bank, National Association, “BANA” denotes Bank of America, National Association, “MSBNA” denotes Morgan Stanley Bank, N.A., “MSMCH” denotes Morgan Stanley Mortgage Capital Holdings LLC, “NCB” denotes National Cooperative Bank, N.A., “NCCB” denotes National Consumer Cooperative Bank, “JPMCB” denotes JPMorgan Chase Bank, National Association, “GSBI” denotes Goldman Sachs Bank USA and “DBRI” denotes DBR Investments Co. Limited. | ||
(2) | Certain tenants may not be in occupancy or may be in free rent periods. 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 the related Mortgaged 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—Lease Expirations and Terminations—Other” and the Annex A-3 in this prospectus for additional information. | ||
(3) | 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, the related Mortgaged Properties, certain of such tenants have unilateral termination options 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 or groups of cross-collateralized Mortgage Loans presented on Annex A-3 to this prospectus. | ||
(4) | For mortgage loan #1 (375 Pearl Street), the appraised value of the mortgaged property was $365,000,000, which represents a “Hypothetical Market Value” as of May 1, 2021 which assumes that contractually obligated free rent, tenant improvements, and capital improvements have been escrowed. A landlord work reserve of $2,963,439 and a rent concession reserve of $2,882,231 were funded at closing. | ||
(5) | For mortgage loan #1 (375 Pearl Street), the third largest tenant (124,767 square feet), representing 21.8% of net rentable square feet, has multiple lease expirations. 106,000 net rentable square feet expires in January 2042 and 18,767 net rentable square feet expires in April 2039. | ||
(6) | For mortgage loan #2 (Four Constitution Square), the loan documents provide the borrower with one, five business day grace period in any 12-month period with respect to a delinquent payment excluding the payment due on the Maturity Date. | ||
(7) | For mortgage loan #3 (National Cancer Institute Center), the Number of Units includes 194,630 square feet of laboratory space, 84,557 square feet of office/data center space and 62,084 square feet of manufacturing space. | ||
(8) | For mortgage loan #4 (U.S. Steel Tower), the third largest tenant at the U.S. Steel Tower mortgaged property (108,261 square feet), representing 4.6% of net rentable square feet, has multiple expiration dates. 104,890 square feet expires December 31, 2030 and 3,371 square feet expires September 30, 2022. | ||
(9) | For mortgage loan #5 (160-08 Jamaica Avenue), the borrower has informed the lender that it has applied for an Industrial and Commercial Abatement Program (“ICAP”) tax abatement, which has not yet been received. According to a letter from the NYC Finance Dept dated May 13, 2016, the ICAP was tentatively approved by the NYC Finance Dept. Such letter states that provided all requirements under |
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the ICAP statute are satisfied, the benefit period will commence in the first tax year after full completion of construction or renovation is finished. According to the borrower, certain violations at the mortgaged property need to be cleared and removed of record in order for the ICAP to be obtained. If the ICAP is obtained, 10% of the retail space at the mortgaged property is expected to qualify for a 25-year ICAP and the remaining 90% of the retail space is expected to qualify for a 15-year ICAP, which in each case is anticipated to commence in the tax year of 2021/2022. If obtained, the ICAP for the first 10% of the retail space will expire in the 2046/2047 tax year and the ICAP for the remaining 90% of the retail space will expire in the 2036/2037 tax year. If the ICAP is obtained, with respect to the first 10% of retail space, the borrower is expected to be provided a 100% exemption from any increases in the mortgaged property’s real estate taxes for the first 16 years, with such exemption being phased out by 10% every year thereafter. With respect to the remaining 90% of the retail space, if the ICAP is obtained, the borrower is expected to be provided a 100% exemption from any increases in the mortgaged property’s real estate taxes for the first 11 years, with such exemption being phased out by 20% every year thereafter. According to the related appraisal, if the ICAP is obtained it would result in an estimated annual tax savings of $1,148,776, which would then decline as described above. In addition, the Appraised Value assumes that the ICAP is in place and has a net present value of $10,930,895. If such net present value of $10,930,895 was excluded from the Appraised Value of $100,500,000, the Cut-off Date LTV Ratio and LTV Ratio at Maturity would be 71.5%. Approximately $1,108,223 of ICAP benefits was underwritten. Excluding such ICAP benefits, the UW NOI DSCR would be 1.59x, UW NCF DSCR would be 1.48x, the UW NOI Debt Yield would be 6.3% and the UW NCF Debt Yield would be 5.9%. We cannot assure you that the ICAP will be obtained. | |
(10) | For mortgage loan #5 (160-08 Jamaica Avenue), the appraised value is a “Market Value Subject to Capital Reserve Account” value as of January 27, 2021 of $100,500,000, which assumes that the remaining tenant improvements and free rent associated with the Target and H&M spaces, totaling $1,550,000, will be placed in an escrow account, which would transfer with the real estate. The “as-is” market value without such assumption is $99,100,000. At origination, $569,025 was reserved for tenant improvements and leasing commissions for Target and $722,222 was reserved for rent credit for H&M. |
(11) | For mortgage loan #6 (Burlingame Point), the excess cash trap trigger level with regard to DSCR and/or DY is based on the actual NOI amount of $36,639,655. This trigger level is determined as of the first day of any fiscal quarter, and will remain in effect until NOI is equal to or exceeds the trigger level as of the first day of one fiscal quarter thereafter. |
(12) | For mortgage loan #6 (Burlingame Point), the loan documents provide the borrower with one, five business day grace period in any 12-month period with respect to a delinquent payment excluding the payment due on the Maturity Date. |
(13) | For mortgage loan #6 (Burlingame Point), the Appraised Value represents the “Hypothetical As-If Stabilized” value assuming the outstanding leasing costs, construction costs, gap rent and rent abatement are paid/accrued, and that the rent commencement date for the improvements known as building 3, building 4 and the amenity space is February 1, 2021. An unfunded obligations reserve of $122,730,124 was escrowed at closing. The “As-Is” appraised value assuming the above conditions have not been met is $900,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity based on the $900,000,000 “As-Is” appraised value are 42.2% and 42.2%, respectively. |
(14) | For mortgage loan #8 (Three Constitution Square), the loan documents provide the borrower with one, five business day grace period in any 12-month period with respect to a delinquent payment excluding the payment due on the Maturity Date. |
(15) | For mortgage loan #10 (261-275 Amsterdam Avenue), the 261-275 Amsterdam Avenue mortgaged property is a mixed use property comprised of multifamily space (88.5% of net rentable square feet) and retail space (11.5% of net rentable square feet). |
(16) | For mortgage loan #10 (261-275 Amsterdam Avenue), the appraised value of the mortgaged property was $150,100,000, based on the extraordinary assumption that $519,452 was reserved for |
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the completion of facade repairs at the property, as well as $50,000 for renovations to one of the residential units. Reserves for these amounts were funded at origination. The “as is” appraised value without such extraordinary assumption is $149,600,000. | |
(17) | For mortgage loan #11 (Brookwood Self Storage Portfolio), Appraised Value presented for the mortgage loan reflects a pool level appraisal, which includes a diversity premium based on an assumption that all the mortgaged properties would be sold together as a portfolio. The aggregate of the individual mortgaged property appraised values is $59,800,000. |
(18) | For mortgage loan #13 (Lowe’s - San Jose, CA), the Number of Units represents the land square feet. The sole tenant, Lowe’s, ground leases the property and owns its 169,486 square feet improvements. Lowe’s ground leases the entire land except for approximately 0.5 acre portion of the property which was conveyed to the borrower by the Santa Clara Valley Transportation Authority in 2011 as part of a land exchange which is also subject to the mortgage loan but which, while it is not subject to the Lowe’s ground lease, such parcel is subject to a parking easement in favor of Lowe’s. |
(19) | For mortgage loan #14 (Securlock 12 Self-Storage Portfolio), the Number of Units for the portfolio includes 268,105 square feet of self-storage space, 21,400 square feet of office space, and 15,400 square feet of rentable parking spaces. Additionally, the portfolio includes two manager residential units. |
(20) | For mortgage loan #15 (57 Prince Street), the 57 Prince Street mortgaged property is a mixed use property comprised of multifamily space (80.0% of net rentable square feet) and retail space (20.0% of net rentable square feet). |
(21) | For mortgage loan #15 (57 Prince Street), the appraised value of the mortgaged property was $27,300,000, assuming that $400,000 was funded into an escrow account at origination for the completion of the expansion of Unit 5F and that the beneficial interest in the account is transferrable to a potential buyer of the mortgaged property. A reserve for this amount was funded at origination. |
(22) | For mortgage loan #17 (200 South Virginia Street), the first payment for the mortgage loan is August 1, 2021. On the Closing Date, BANA will deposit sufficient funds to pay the amount of interest that would be due with respect to the July 1, 2021 payment. Seasoning, Prepayment Provisions, Original Term to Maturity / ARD (Mos.), Original Interest-Only Period (Mos.), First Payment Date, Remaining Term to Maturity / ARD (Mos.) and Remaining Interest-Only Period (Mos.) are inclusive of the additional July 1, 2021 interest-only payment to be funded by BANA on the Closing Date. |
(23) | For mortgage loan #17 (200 South Virginia Street), the largest tenant, (16,338 square feet), representing 13.7% of the net rentable square feet of the mortgaged property, has a free month of rent in April 2022 and April 2023. All outstanding free rent was reserved for at closing. |
(24) | For mortgage loan #17 (200 South Virginia Street), the fifth largest tenant, (5,750 square feet), representing 4.8% of the net rentable square feet of the mortgaged property, has a termination option at any time after the first 5 years (beginning 12/15/2023) of its lease term by giving 90 days’ notice. |
(25) | For mortgage loan #30 (31 Jane Street) and with respect to all residential cooperative Mortgage Loans sold to the trust by National Cooperative Bank, N.A., the borrower is a cooperative housing corporation. No individual or entity (other than the borrower) has recourse obligations with respect to the 31 Jane Street Mortgage Loan and with respect to all residential cooperative Mortgage Loans sold to the trust by National Cooperative Bank , N.A., including pursuant to any guaranty or environmental indemnity. Accordingly, no information is presented in the columns labeled Sponsor and Non-Recourse Carveout Guarantor in Annex A-1. In addition, due to the specialized nature of residential housing cooperatives, certain information presented in and shown on Annex A-1 with respect to other Mortgage Loans is not presented with respect to the 31 Jane Street Mortgage Loan and with respect to all residential cooperative Mortgage Loans sold to the trust by National Cooperative Bank, N.A. and is, instead, reflected as not applicable (NAP). For example, since residential cooperatives are not-for-profit entities that generally set maintenance fees to cover current expenses and plan for future |
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capital needs and a residential cooperative is generally able to increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves, historical Net Operating Income figures for residential cooperative properties are generally not representative of the cash flow generated by the property if it were operated as a multifamily rental property. Accordingly, the Most Recent NOI, Second Most Recent NOI, Third Most Recent NOI, and the related fields shown on Annex A-1 are not presented on Annex A-1 with respect to the 31 Jane Street Mortgage Loan and with respect to all residential cooperative Mortgage Loans sold to the trust by National Cooperative Bank, N.A. In addition, see “Risk Factors—Risks Relating to the Mortgage Loans—Residential Cooperative Properties Have Special Risks” with respect to the determination of certain fields on Annex A-1, including but not limited to the Appraised Value, Coop-Rental Value, Underwritten Net Operating Income and Underwritten Net Cash Flow. | |
(26) | With respect to the residential cooperative Mortgage Loans sold to the trust by National Cooperative Bank, N.A., the information contained in the columns entitled “Subordinate Companion Loan Cut-off Date Balance” and “Subordinate Companion Loan Interest Rate” also includes relevant information regarding the subordinate lines of credit corresponding to such loans, although those subordinate lines of credit are not considered Companion Loans. See the chart column entitled “Non-Trust Mortgage Loan Interest Rate” under “Risk Factors – Other Secured Indebtedness – Additional Debt Secured by Residential Cooperative Properties” in this prospectus. |
(27) | For mortgage loan #21 (Sherman Oaks Plaza), the largest tenant (10,365 square feet), representing 24.3% of net rentable square feet, has a one-time right to terminate its lease effective December 31, 2024 with 270 days prior written notice. |
(28) | For mortgage loan #21 (Sherman Oaks Plaza), the second largest tenant, (4,579 square feet), representing 10.7% of the net rentable square feet of the mortgaged property, has a free month of rent in March 2022 and in March 2023. |
(29) | For mortgage loan #21 (Sherman Oaks Plaza), the fifth largest tenant (2,693 square feet), representing 6.3% of net rentable square feet, and the 10th largest tenant (1,859 square feet), representing 4.4% of net rentable square feet, are owned by an affiliate of the borrower. |
(30) | For mortgage loan #24 (Riverdale Commerce Park), the Number of Units includes 52,422 square feet of industrial space, 5,154 square feet of retail/commercial space. |
(31) | For mortgage loan #37 (WAG - Nashville), the Appraised Value presented for the mortgage loan of $7,500,000 reflects a value based on a new 15-year lease signed by Walgreen’s subsequent to Walgreens Boots Alliance assuming a partial ownership in the property from the exercise of a ROFR from the previous seller on March 12, 2021 for $5,723,000. |
(32) | For mortgage loan #42 (Discount Mini Storage & Retail), which is a mixed use property containing both retail and self storage space, the largest tenant, Family Dollar, pays only percentage rent (equal to 2.0% of gross sales) due to a co-tenancy clause that is in effect due to the tenant Winn Dixie vacating the property. Rent for this tenant was underwritten based on assumed annual percentage rent of $29,000. |
(33) | For mortgage loan #42 (Discount Mini Storage & Retail), the Discount Mini Storage & Retail mortgaged property is a mixed use property comprised of storage space (77.7% of net rentable square feet) and retail space (22.3% of net rentable square feet). |
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