| | FREE WRITING PROSPECTUS |
| | FILED PURSUANT TO RULE 433 |
| | REGISTRATION FILE NO.: 333-282099-01 |
| | |
WFCM 2025-5C3 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. 333-282099) 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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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.
This free writing prospectus has been prepared by the underwriters for information purposes only and does not constitute, in whole or in part, a prospectus for the purposes of (i) Regulation (EU) 2017/1129 (as amended), (ii) such Regulation as it forms part of UK domestic law, or (iii) Part VI of the UK Financial Services and Markets Act 2000, as amended; and does not constitute an offering document for any other purpose.
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, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Citigroup Global Markets Inc., UBS Securities 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.
J.P. Morgan is the marketing name for the investment banking businesses of JPMorgan Chase & Co. and its subsidiaries worldwide. Securities, syndicated loan arranging, financial advisory and other investment banking activities are performed by JPMS and its securities affiliates, and lending, derivatives and other commercial banking activities are performed by JPMorgan Chase Bank, National Association and its banking affiliates. JPMS is a member of SIPC and the NYSE.
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.
WFCM 2025-5C3
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 | City | County | State | Zip Code |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | 9.96% | | WFB | WFB | NAP | NAP | Various | Alameda | Alameda | CA | 94502 |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | 1.4% | 14.1% | | | | | 1420 Harbor Bay Parkway | Alameda | Alameda | CA | 94502 |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | 1.4% | 13.6% | | | | | 1351 Harbor Bay Parkway | Alameda | Alameda | CA | 94502 |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | 1.2% | 12.0% | | | | | 1451 Harbor Bay Parkway | Alameda | Alameda | CA | 94502 |
1.04 | Property | | 1 | 1640 South Loop Road | 1.1% | 11.1% | | | | | 1640 South Loop Road | Alameda | Alameda | CA | 94502 |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | 1.1% | 11.1% | | | | | 1650 Harbor Bay Parkway | Alameda | Alameda | CA | 94502 |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | 1.1% | 10.9% | | | | | 1600 Harbor Bay Parkway | Alameda | Alameda | CA | 94502 |
1.07 | Property | | 1 | 1350 South Loop Road | 1.0% | 9.6% | | | | | 1350 South Loop Road | Alameda | Alameda | CA | 94502 |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | 0.7% | 7.0% | | | | | 1321 Harbor Bay Parkway | Alameda | Alameda | CA | 94502 |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | 0.7% | 6.7% | | | | | 1501 Harbor Bay Parkway | Alameda | Alameda | CA | 94502 |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | 0.4% | 3.9% | | | | | 1411 Harbor Bay Parkway | Alameda | Alameda | CA | 94502 |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | 9.1% | 100.0% | JPMCB, CREFI | JPMCB, CREFI | NAP | NAP | 247 Metropolitan Avenue | Brooklyn | Kings | NY | 11211 |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | 9.0% | | WFB, JPMCB | WFB, JPMCB | NAP | NAP | Various | Various | Los Angeles | CA | Various |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | 4.5% | 50.3% | | | | | 9460 Wilshire Boulevard | Beverly Hills | Los Angeles | CA | 90212 |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | 3.3% | 37.2% | | | | | 11620 Wilshire Boulevard | Los Angeles | Los Angeles | CA | 90025 |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | 1.1% | 12.4% | | | | | 11600 Wilshire Boulevard | Los Angeles | Los Angeles | CA | 90025 |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | 8.5% | | CREFI | CREFI | NAP | NAP | Various | Various | Various | Various | Various |
4.01 | Property | | 1 | Jefferson Park MHC | 2.0% | 23.5% | | | | | 3100-3130 11th Avenue Southeast | Minot | Ward | ND | 58701 |
4.02 | Property | | 1 | Holiday Village MHC | 1.8% | 21.3% | | | | | 1325 27th Street Southeast | Minot | Ward | ND | 58701 |
4.03 | Property | | 1 | Cedrona Community | 0.8% | 9.4% | | | | | 7601 146th Street Southwest | Lakewood | Pierce | WA | 98439 |
4.04 | Property | | 1 | Sunrise Terrace Community | 0.7% | 8.9% | | | | | 7311 Chambers Creek Road West | University Place | Pierce | WA | 98467 |
4.05 | Property | | 1 | Moxie Community | 0.6% | 7.5% | | | | | 181 Schut Road | Moxee | Yakima | WA | 98936 |
4.06 | Property | | 1 | Chinook Mobile Community | 0.6% | 7.0% | | | | | 1724 West 45th Avenue | Kennewick | Benton | WA | 99337 |
4.07 | Property | | 1 | Laurel Lane MHC | 0.5% | 6.4% | | | | | 2508 96th Street South | Tacoma | Pierce | WA | 98444 |
4.08 | Property | | 1 | Northwest Community | 0.5% | 5.5% | | | | | 5108 San Francisco Avenue Southwest | Tacoma | Pierce | WA | 98499 |
4.09 | Property | | 1 | Squilchuck Creek Community | 0.4% | 5.3% | | | | | 200 Boodry Street | Wenatchee | Chelan | WA | 98801 |
4.10 | Property | | 1 | Sun City Center and Community | 0.4% | 5.1% | | | | | 5007 West Clearwater Avenue | Kennewick | Benton | WA | 99336 |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | 6.5% | 100.0% | CREFI | CREFI, AREF2 | NAP | NAP | 300 and 301 Australian Avenue | Palm Beach | Palm Beach | FL | 33480 |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | 5.6% | | CREFI | CREFI | NAP | NAP | Various | Various | Various | GA | Various |
6.01 | Property | | 1 | Brookfield Park | 2.2% | 39.5% | | | | | 893 Briar Creek Court Northeast | Conyers | Rockdale | GA | 30012 |
6.02 | Property | | 1 | Retreat at Baywood | 2.1% | 37.2% | | | | | 6655 Mount Zion Boulevard | Morrow | Clayton | GA | 30260 |
6.03 | Property | | 1 | Ashford Brook | 1.3% | 23.2% | | | | | 1200 Rockmont Circle Southwest | Conyers | Rockdale | GA | 30094 |
7.00 | Loan | 21,22 | 1 | Welleon | 5.4% | 100.0% | GSBI | GSMC | NAP | NAP | 5506 & 5416 Detroit Avenue | Cleveland | Cuyahoha | OH | 44102 |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | 5.0% | 100.0% | AREF2 | AREF2 | NAP | NAP | 11054 Warwick Boulevard | Newport News | Newport News | VA | 23601 |
9.00 | Loan | | 1 | 240 West 40th Street-NY | 4.8% | 100.0% | WFB | WFB | NAP | NAP | 240 West 40th Street | New York | New York | NY | 10018 |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | 4.2% | | WFB | WFB | NAP | NAP | Various | Scottsdale | Maricopa | AZ | 85256 |
10.01 | Property | | 1 | 7720 North Dobson Road | 1.5% | 35.9% | | | | | 7720 North Dobson Road | Scottsdale | Maricopa | AZ | 85256 |
10.02 | Property | | 1 | 7350 North Dobson Road | 1.4% | 32.6% | | | | | 7350 North Dobson Road | Scottsdale | Maricopa | AZ | 85256 |
10.03 | Property | | 1 | 7500 North Dobson Road | 0.9% | 20.9% | | | | | 7500 North Dobson Road | Scottsdale | Maricopa | AZ | 85256 |
10.04 | Property | | 1 | 7580 North Dobson Road | 0.4% | 10.6% | | | | | 7580 North Dobson Road | Scottsdale | Maricopa | AZ | 85256 |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | 3.6% | 100.0% | AREF2 | AREF2 | NAP | NAP | 1933 Addison Street | Berkeley | Alameda | CA | 94704 |
12.00 | Loan | 27 | 1 | Falls of Westpark | 3.5% | 100.0% | AREF2 | AREF2 | NAP | NAP | 6130 Southwest Freeway | Houston | Harris | TX | 77057 |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | 3.0% | 100.0% | GSBI | GSMC | NAP | NAP | 90-15 Queens Boulevard | Elmhurst | Queens | NY | 11373 |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | 2.2% | | AREF 2 | AREF2 | NAP | NAP | Various | Bronx | Bronx | NY | Various |
14.01 | Property | | 1 | 80 Clinton Place | 0.9% | 39.0% | | | | | 80 Clinton Place | Bronx | Bronx | NY | 10453 |
14.02 | Property | | 1 | 1433 Teller Avenue | 0.7% | 32.0% | | | | | 1433 Teller Avenue | Bronx | Bronx | NY | 10456 |
14.03 | Property | | 1 | 1441 Teller Avenue | 0.6% | 29.0% | | | | | 1441 Teller Avenue | Bronx | Bronx | NY | 10456 |
15.00 | Loan | 34 | 1 | The Vesper Apartments | 2.2% | 100.0% | AREF2 | AREF2 | NAP | NAP | 5616 Spring Valley Road | Dallas | Dallas | TX | 75254 |
16.00 | Loan | | 1 | Plaza at Eastlake | 2.1% | 100.0% | AREF2 | AREF2 | NAP | NAP | 2300 Boswell Road | Chula Vista | San Diego | CA | 91914 |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | 2.1% | 100.0% | CREFI | AREF2 | NAP | NAP | 1101 Outlet Collection Way Southwest | Auburn | King | WA | 98001 |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | 1.9% | 100.0% | AREF2 | AREF2 | NAP | NAP | 1489 US 31 and 1529 US 31 | Traverse City | Grand Traverse | MI | 49686 |
19.00 | Loan | 39,40 | 1 | Circle Business Center | 1.8% | 100.0% | AREF2 | AREF2 | NAP | NAP | 4500 and 4510 East Pacific Coast Highway | Long Beach | Los Angeles | CA | 90804 |
20.00 | Loan | 41,42 | 1 | Brookhill Village | 1.6% | 100.0% | JPMCB | JPMCB | NAP | NAP | 9110-9190 Wadsworth Parkway | Westminster | Jefferson | CO | 80021 |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | 1.3% | 100.0% | WFB | WFB | NAP | NAP | 61-13 and 61-15 Metropolitan Avenue | Ridgewood | Queens | NY | 11385 |
22.00 | Loan | | 1 | Larchmont Village Retail | 1.0% | 100.0% | WFB | WFB | NAP | NAP | 143 North Larchmont Boulevard | Los Angeles | Los Angeles | CA | 90004 |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | 0.9% | | AREF2 | AREF2 | NAP | NAP | Various | Various | Various | TX | Various |
23.01 | Property | | 1 | Meadowlark MHP | 0.3% | 30.6% | | | | | 3001 8th Street | Port Neches | Jefferson | TX | 77651 |
23.02 | Property | | 1 | Shady Estates MHP | 0.2% | 20.7% | | | | | 550 Henry Street | Bridge City | Orange | TX | 77611 |
23.03 | Property | | 1 | Highland Village MHP | 0.2% | 20.7% | | | | | 5500 Farm-to-Market 2004 | Hitchcock | Galveston | TX | 77563 |
23.04 | Property | | 1 | Sunset Harbor MHP | 0.1% | 15.6% | | | | | 634 North Pine | Texas City | Galveston | TX | 77591 |
23.05 | Property | | 1 | Lakeside MHP | 0.1% | 12.4% | | | | | 16115 De Zavalla Road | Channelview | Harris | TX | 77530 |
24.00 | Loan | | 1 | Burlington Plaza | 0.8% | 100.0% | AREF2 | AREF2 | NAP | NAP | 5628 and 5660 North Blackstone Avenue | Fresno | Fresno | CA | 93710 |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | 0.8% | 100.0% | UBS AG | UBS AG | NAP | NAP | 1165 Station Road | Medford | Suffolk | NY | 11763 |
26.00 | Loan | | 1 | Uniroom | 0.7% | 100.0% | WFB | WFB | NAP | NAP | 2923-2927 Allesandro Street | Los Angeles | Los Angeles | CA | 90039 |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | 0.6% | | LMF | LMF | NAP | NAP | Various | Bronx | Bronx | NY | Various |
27.01 | Property | | 1 | 1392 Nelson Avenue | 0.3% | 51.4% | | | | | 1392 Nelson Avenue | Bronx | Bronx | NY | 10452 |
27.02 | Property | | 1 | 3605 Holland Avenue | 0.3% | 48.6% | | | | | 3605 Holland Avenue | Bronx | Bronx | NY | 10467 |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | 0.6% | | LMF | LMF | NAP | NAP | Various | Bronx | Bronx | NY | Various |
28.01 | Property | | 1 | 2811 Heath Avenue | 0.3% | 51.0% | | | | | 2811 Heath Avenue | Bronx | Bronx | NY | 10463 |
28.02 | Property | | 1 | 83 West 174th Street | 0.3% | 49.0% | | | | | 83 West 174th Street | Bronx | Bronx | NY | 10453 |
29.00 | Loan | | 1 | 2200 Route 10 | 0.6% | 100.0% | AREF2 | AREF2 | NAP | NAP | 2200 State Route 10 | Morris Plains | Morris | NJ | 07950 |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | 0.5% | 100.0% | LMF | LMF | NAP | NAP | 3854 Bailey Avenue | Bronx | Bronx | NY | 10463 |
WFCM 2025-5C3
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 | General Property Type | Detailed Property Type | Year Built | Year Renovated | Number of Units | Unit of Measure | Loan Per Unit ($) | Original Balance ($) | Cut-off Date Balance ($) | Maturity/ARD Balance ($) |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | Various | Various | Various | Various | 643,220 | SF | 329.59 | 83,000,000 | 83,000,000 | 77,858,934 |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | Office | Suburban | 1986 | Various | 121,216 | SF | | 11,729,717 | 11,729,717 | 11,003,171 |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | Mixed Use | R&D/Lab/Office | 1984 | Various | 97,980 | SF | | 11,312,783 | 11,312,783 | 10,612,063 |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | Industrial | R&D | 1984 | Various | 86,055 | SF | | 9,935,641 | 9,935,641 | 9,320,222 |
1.04 | Property | | 1 | 1640 South Loop Road | Mixed Use | R&D/Lab/Office | 1996 | 2021-2022 | 51,780 | SF | | 9,223,065 | 9,223,065 | 8,651,783 |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | Mixed Use | R&D/Lab/Office | 2001 | 2019-2024 | 67,537 | SF | | 9,197,796 | 9,197,796 | 8,628,079 |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | Mixed Use | R&D/Lab/Office | 2001 | 2019-2024 | 62,696 | SF | | 9,020,915 | 9,020,915 | 8,462,155 |
1.07 | Property | | 1 | 1350 South Loop Road | Mixed Use | R&D/Lab/Office | 1987 | 2022 | 43,645 | SF | | 7,957,104 | 7,957,104 | 7,464,237 |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | Mixed Use | R&D/Lab/Office | 1984 | Various | 50,177 | SF | | 5,794,106 | 5,794,106 | 5,435,216 |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | Mixed Use | R&D/Lab/Office | 1985 | 2021 | 33,817 | SF | | 5,559,107 | 5,559,107 | 5,214,773 |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | Mixed Use | R&D/Lab/Office | 1984 | Various | 28,317 | SF | | 3,269,766 | 3,269,766 | 3,067,235 |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | Hospitality | Limited Service | 2017 | NAP | 249 | Rooms | 305,220.88 | 76,000,000 | 76,000,000 | 76,000,000 |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | Office | CBD | Various | Various | 351,464 | SF | 298.75 | 75,000,000 | 75,000,000 | 75,000,000 |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | Office | CBD | 1959 | 2019-2024 | 97,655 | SF | | 37,759,936 | 37,759,936 | 37,759,936 |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | Office | CBD | 1976 | 2002 | 196,928 | SF | | 27,912,534 | 27,912,534 | 27,912,534 |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | Office | CBD | 1960 | 2000 | 56,881 | SF | | 9,327,529 | 9,327,529 | 9,327,529 |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | Manufactured Housing | Manufactured Housing | Various | Various | 962 | Pads | 73,284.82 | 70,500,000 | 70,500,000 | 70,500,000 |
4.01 | Property | | 1 | Jefferson Park MHC | Manufactured Housing | Manufactured Housing | 1970 | NAP | 287 | Pads | | 16,600,000 | 16,600,000 | 16,600,000 |
4.02 | Property | | 1 | Holiday Village MHC | Manufactured Housing | Manufactured Housing | 1975 | 2011 | 272 | Pads | | 15,000,000 | 15,000,000 | 15,000,000 |
4.03 | Property | | 1 | Cedrona Community | Manufactured Housing | Manufactured Housing | 1961 | NAP | 54 | Pads | | 6,650,000 | 6,650,000 | 6,650,000 |
4.04 | Property | | 1 | Sunrise Terrace Community | Manufactured Housing | Manufactured Housing | 1962 | NAP | 55 | Pads | | 6,250,000 | 6,250,000 | 6,250,000 |
4.05 | Property | | 1 | Moxie Community | Manufactured Housing | Manufactured Housing | 1970 | 1990 | 63 | Pads | | 5,300,000 | 5,300,000 | 5,300,000 |
4.06 | Property | | 1 | Chinook Mobile Community | Manufactured Housing | Manufactured Housing | 1978 | NAP | 62 | Pads | | 4,950,000 | 4,950,000 | 4,950,000 |
4.07 | Property | | 1 | Laurel Lane MHC | Manufactured Housing | Manufactured Housing | 1958 | NAP | 37 | Pads | | 4,500,000 | 4,500,000 | 4,500,000 |
4.08 | Property | | 1 | Northwest Community | Manufactured Housing | Manufactured Housing | 1965 | NAP | 53 | Pads | | 3,900,000 | 3,900,000 | 3,900,000 |
4.09 | Property | | 1 | Squilchuck Creek Community | Manufactured Housing | Manufactured Housing | 2005 | NAP | 40 | Pads | | 3,750,000 | 3,750,000 | 3,750,000 |
4.10 | Property | | 1 | Sun City Center and Community | Manufactured Housing | Manufactured Housing | 1973 | NAP | 39 | Pads | | 3,600,000 | 3,600,000 | 3,600,000 |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | Hospitality | Full Service | 1926 | 2019-2024 | 75 | Rooms | 726,666.67 | 54,500,000 | 54,500,000 | 54,500,000 |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | Multifamily | Garden | Various | 2023 | 374 | Units | 125,668.45 | 47,000,000 | 47,000,000 | 47,000,000 |
6.01 | Property | | 1 | Brookfield Park | Multifamily | Garden | 1973 | 2023 | 160 | Units | | 18,582,677 | 18,582,677 | 18,582,677 |
6.02 | Property | | 1 | Retreat at Baywood | Multifamily | Garden | 1995 | 2023 | 120 | Units | | 17,500,000 | 17,500,000 | 17,500,000 |
6.03 | Property | | 1 | Ashford Brook | Multifamily | Garden | 1981 | 2023 | 94 | Units | | 10,917,323 | 10,917,323 | 10,917,323 |
7.00 | Loan | 21,22 | 1 | Welleon | Multifamily | Mid Rise | 1910, 2024 | NAP | 130 | Units | 343,076.92 | 44,600,000 | 44,600,000 | 44,600,000 |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | Multifamily | Garden | 1963 | 2018 | 531 | Units | 79,096.05 | 42,000,000 | 42,000,000 | 42,000,000 |
9.00 | Loan | | 1 | 240 West 40th Street-NY | Office | CBD | 1923 | 2022 | 185,529 | SF | 215.60 | 40,000,000 | 40,000,000 | 40,000,000 |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | Office | Suburban | Various | Various | 454,653 | SF | 76.94 | 35,000,000 | 34,982,641 | 33,452,504 |
10.01 | Property | | 1 | 7720 North Dobson Road | Office | Suburban | 2008 | 2017 | 149,544 | SF | | 12,572,816 | 12,566,580 | 12,016,919 |
10.02 | Property | | 1 | 7350 North Dobson Road | Office | Suburban | 2005 | 2015 | 140,383 | SF | | 11,425,971 | 11,420,304 | 10,920,781 |
10.03 | Property | | 1 | 7500 North Dobson Road | Office | Suburban | 2007 | NAP | 100,477 | SF | | 7,305,825 | 7,302,202 | 6,982,804 |
10.04 | Property | | 1 | 7580 North Dobson Road | Office | Suburban | 2007 | NAP | 64,249 | SF | | 3,695,388 | 3,693,555 | 3,531,999 |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | Multifamily | Mid Rise | 2016 | NAP | 69 | Units | 436,231.88 | 30,100,000 | 30,100,000 | 30,100,000 |
12.00 | Loan | 27 | 1 | Falls of Westpark | Multifamily | Low Rise | 1970 | 2009 | 352 | Units | 82,386.36 | 29,000,000 | 29,000,000 | 29,000,000 |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | Retail | Super Regional Mall | 1973 | 2004 | 412,033 | SF | 1,274.17 | 25,000,000 | 25,000,000 | 25,000,000 |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | Multifamily | Mid Rise | Various | Various | 61 | Units | 304,918.03 | 18,600,000 | 18,600,000 | 17,924,068 |
14.01 | Property | | 1 | 80 Clinton Place | Multifamily | Mid Rise | 2023 | NAP | 26 | Units | | 7,250,000 | 7,250,000 | 6,986,532 |
14.02 | Property | | 1 | 1433 Teller Avenue | Multifamily | Mid Rise | 1920 | 2023 | 19 | Units | | 5,950,000 | 5,950,000 | 5,733,774 |
14.03 | Property | | 1 | 1441 Teller Avenue | Multifamily | Mid Rise | 1920 | 2023 | 16 | Units | | 5,400,000 | 5,400,000 | 5,203,762 |
15.00 | Loan | 34 | 1 | The Vesper Apartments | Multifamily | Garden | 1978 | 2014 | 192 | Units | 95,052.08 | 18,250,000 | 18,250,000 | 18,250,000 |
16.00 | Loan | | 1 | Plaza at Eastlake | Office | Medical | 1992 | 2020 | 132,477 | SF | 133.61 | 17,700,000 | 17,700,000 | 17,700,000 |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | Retail | Outlet Center | 1995 | 2012 | 913,033 | SF | 58.34 | 17,297,500 | 17,297,500 | 17,297,500 |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | Hospitality | Limited Service | 1968 | 2022 | 136 | Rooms | 117,647.06 | 16,000,000 | 16,000,000 | 16,000,000 |
19.00 | Loan | 39,40 | 1 | Circle Business Center | Office | Suburban | 1987 | NAP | 156,969 | SF | 95.44 | 15,000,000 | 14,980,347 | 14,286,232 |
20.00 | Loan | 41,42 | 1 | Brookhill Village | Retail | Anchored | 1995 | 2004 | 152,862 | SF | 89.62 | 13,700,000 | 13,700,000 | 13,700,000 |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | Retail | Single Tenant | 1951 | 2012 | 13,482 | SF | 815.90 | 11,000,000 | 11,000,000 | 11,000,000 |
22.00 | Loan | | 1 | Larchmont Village Retail | Mixed Use | Retail/Office | 1922 | 2020 | 10,100 | SF | 851.49 | 8,600,000 | 8,600,000 | 8,600,000 |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | Manufactured Housing | Manufactured Housing | Various | NAP | 337 | Pads | 21,513.35 | 7,250,000 | 7,250,000 | 7,125,792 |
23.01 | Property | | 1 | Meadowlark MHP | Manufactured Housing | Manufactured Housing | 1978 | NAP | 107 | Pads | | 2,220,000 | 2,220,000 | 2,181,967 |
23.02 | Property | | 1 | Shady Estates MHP | Manufactured Housing | Manufactured Housing | 1980 | NAP | 88 | Pads | | 1,500,000 | 1,500,000 | 1,474,302 |
23.03 | Property | | 1 | Highland Village MHP | Manufactured Housing | Manufactured Housing | 1985 | NAP | 61 | Pads | | 1,500,000 | 1,500,000 | 1,474,302 |
23.04 | Property | | 1 | Sunset Harbor MHP | Manufactured Housing | Manufactured Housing | 1985 | NAP | 52 | Pads | | 1,130,000 | 1,130,000 | 1,110,641 |
23.05 | Property | | 1 | Lakeside MHP | Manufactured Housing | Manufactured Housing | 1968 | NAP | 29 | Pads | | 900,000 | 900,000 | 884,581 |
24.00 | Loan | | 1 | Burlington Plaza | Retail | Anchored | 1981 | NAP | 104,102 | SF | 62.44 | 6,500,000 | 6,500,000 | 6,500,000 |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | Industrial | Warehouse | 2005 | 2024 | 42,759 | SF | 149.68 | 6,400,000 | 6,400,000 | 6,400,000 |
26.00 | Loan | | 1 | Uniroom | Multifamily | Low Rise | 2024 | NAP | 19 | Units | 315,789.47 | 6,000,000 | 6,000,000 | 6,000,000 |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | Multifamily | Low Rise | Various | 2024 | 20 | Units | 267,500.00 | 5,350,000 | 5,350,000 | 5,350,000 |
27.01 | Property | | 1 | 1392 Nelson Avenue | Multifamily | Low Rise | 1920 | 2024 | 10 | Units | | 2,750,000 | 2,750,000 | 2,750,000 |
27.02 | Property | | 1 | 3605 Holland Avenue | Multifamily | Low Rise | 1970 | 2024 | 10 | Units | | 2,600,000 | 2,600,000 | 2,600,000 |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | Multifamily | Low Rise | Various | 2024 | 20 | Units | 255,000.00 | 5,100,000 | 5,100,000 | 5,100,000 |
28.01 | Property | | 1 | 2811 Heath Avenue | Multifamily | Low Rise | 1935 | 2024 | 10 | Units | | 2,600,000 | 2,600,000 | 2,600,000 |
28.02 | Property | | 1 | 83 West 174th Street | Multifamily | Low Rise | 1910 | 2024 | 10 | Units | | 2,500,000 | 2,500,000 | 2,500,000 |
29.00 | Loan | | 1 | 2200 Route 10 | Office | Medical | 1985 | 2023 | 63,143 | SF | 73.60 | 4,650,000 | 4,647,460 | 4,430,805 |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | Multifamily | Mid Rise | 2024 | NAP | 15 | Units | 297,498.73 | 4,465,000 | 4,462,481 | 4,249,882 |
WFCM 2025-5C3
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 | Interest Rate % | Administrative Fee Rate %(2) | Net Mortgage Rate % | Monthly Debt Service (P&I) ($) | Monthly Debt Service (IO) ($) | Annual Debt Service (P&I) ($) | Annual Debt Service (IO) ($) | Amortization Type | ARD Loan (Yes / No) |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | 6.12600% | 0.01859% | 6.10741% | 504,370.42 | NAP | 6,052,445.04 | NAP | Amortizing Balloon | No |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | | | | |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | | | | |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | | | | |
1.04 | Property | | 1 | 1640 South Loop Road | | | | | | | | | |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | | | | |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | | | | |
1.07 | Property | | 1 | 1350 South Loop Road | | | | | | | | | |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | | | | |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | | | | |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | | | | |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | 7.78500% | 0.01859% | 7.76641% | NAP | 499,897.92 | NAP | 5,998,775.04 | Interest Only | No |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | 7.41300% | 0.01859% | 7.39441% | NAP | 469,747.40 | NAP | 5,636,968.80 | Interest Only | No |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | | | | | | | | | |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | | | | | | | | | |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | | | | | | | | | |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | 6.23000% | 0.01859% | 6.21141% | NAP | 371,096.01 | NAP | 4,453,152.12 | Interest Only | No |
4.01 | Property | | 1 | Jefferson Park MHC | | | | | | | | | |
4.02 | Property | | 1 | Holiday Village MHC | | | | | | | | | |
4.03 | Property | | 1 | Cedrona Community | | | | | | | | | |
4.04 | Property | | 1 | Sunrise Terrace Community | | | | | | | | | |
4.05 | Property | | 1 | Moxie Community | | | | | | | | | |
4.06 | Property | | 1 | Chinook Mobile Community | | | | | | | | | |
4.07 | Property | | 1 | Laurel Lane MHC | | | | | | | | | |
4.08 | Property | | 1 | Northwest Community | | | | | | | | | |
4.09 | Property | | 1 | Squilchuck Creek Community | | | | | | | | | |
4.10 | Property | | 1 | Sun City Center and Community | | | | | | | | | 0 |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | 7.50000% | 0.01859% | 7.48141% | NAP | 345,355.90 | NAP | 4,144,270.80 | Interest Only | No |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | 6.65000% | 0.01859% | 6.63141% | NAP | 264,075.81 | NAP | 3,168,909.72 | Interest Only | No |
6.01 | Property | | 1 | Brookfield Park | | | | | | | | | |
6.02 | Property | | 1 | Retreat at Baywood | | | | | | | | | |
6.03 | Property | | 1 | Ashford Brook | | | | | | | | | |
7.00 | Loan | 21,22 | 1 | Welleon | 6.23000% | 0.01859% | 6.21141% | NAP | 234,764.28 | NAP | 2,817,171.36 | Interest Only | No |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | 6.61000% | 0.01859% | 6.59141% | NAP | 234,563.19 | NAP | 2,814,758.28 | Interest Only | No |
9.00 | Loan | | 1 | 240 West 40th Street-NY | 7.72500% | 0.01859% | 7.70641% | NAP | 261,076.39 | NAP | 3,132,916.68 | Interest Only | No |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | 7.71800% | 0.26609% | 7.45191% | 249,970.77 | NAP | 2,999,649.24 | NAP | Amortizing Balloon | No |
10.01 | Property | | 1 | 7720 North Dobson Road | | | | | | | | | |
10.02 | Property | | 1 | 7350 North Dobson Road | | | | | | | | | |
10.03 | Property | | 1 | 7500 North Dobson Road | | | | | | | | | |
10.04 | Property | | 1 | 7580 North Dobson Road | | | | | | | | | |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | 6.56000% | 0.01859% | 6.54141% | NAP | 166,832.04 | NAP | 2,001,984.48 | Interest Only | No |
12.00 | Loan | 27 | 1 | Falls of Westpark | 6.84200% | 0.01859% | 6.82341% | NAP | 167,644.84 | NAP | 2,011,738.08 | Interest Only | No |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | 5.37000% | 0.01734% | 5.35266% | NAP | 113,428.82 | NAP | 1,361,145.84 | Interest Only | No |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | 7.42000% | 0.01859% | 7.40141% | 129,036.51 | 116,607.36 | 1,548,438.12 | 1,399,288.32 | Interest Only, Amortizing Balloon | No |
14.01 | Property | | 1 | 80 Clinton Place | | | | | | | | | |
14.02 | Property | | 1 | 1433 Teller Avenue | | | | | | | | | |
14.03 | Property | | 1 | 1441 Teller Avenue | | | | | | | | | |
15.00 | Loan | 34 | 1 | The Vesper Apartments | 6.85000% | 0.01859% | 6.83141% | NAP | 105,623.99 | NAP | 1,267,487.88 | Interest Only | No |
16.00 | Loan | | 1 | Plaza at Eastlake | 6.53200% | 0.01859% | 6.51341% | NAP | 97,685.15 | NAP | 1,172,221.80 | Interest Only | No |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | 7.33000% | 0.01734% | 7.31266% | NAP | 107,126.38 | NAP | 1,285,516.56 | Interest Only | No |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | 7.65000% | 0.01859% | 7.63141% | NAP | 103,416.67 | NAP | 1,241,000.04 | Interest Only | No |
19.00 | Loan | 39,40 | 1 | Circle Business Center | 7.41000% | 0.01859% | 7.39141% | 103,959.32 | NAP | 1,247,511.84 | NAP | Amortizing Balloon | No |
20.00 | Loan | 41,42 | 1 | Brookhill Village | 7.08200% | 0.01859% | 7.06341% | NAP | 81,975.79 | NAP | 983,709.48 | Interest Only | No |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | 6.94500% | 0.01859% | 6.92641% | NAP | 64,546.70 | NAP | 774,560.40 | Interest Only | No |
22.00 | Loan | | 1 | Larchmont Village Retail | 6.56200% | 0.01859% | 6.54341% | NAP | 47,680.83 | NAP | 572,169.96 | Interest Only | No |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | 7.23000% | 0.01859% | 7.21141% | 49,359.47 | 44,287.93 | 592,313.64 | 531,455.16 | Interest Only, Amortizing Balloon | No |
23.01 | Property | | 1 | Meadowlark MHP | | | | | | | | | |
23.02 | Property | | 1 | Shady Estates MHP | | | | | | | | | |
23.03 | Property | | 1 | Highland Village MHP | | | | | | | | | |
23.04 | Property | | 1 | Sunset Harbor MHP | | | | | | | | | |
23.05 | Property | | 1 | Lakeside MHP | | | | | | | | | |
24.00 | Loan | | 1 | Burlington Plaza | 7.49100% | 0.01859% | 7.47241% | NAP | 41,139.81 | NAP | 493,677.72 | Interest Only | No |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | 6.70000% | 0.01859% | 6.68141% | NAP | 36,229.63 | NAP | 434,755.56 | Interest Only | No |
26.00 | Loan | | 1 | Uniroom | 6.79000% | 0.01859% | 6.77141% | NAP | 34,421.53 | NAP | 413,058.36 | Interest Only | No |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | 7.25000% | 0.01859% | 7.23141% | NAP | 32,771.85 | NAP | 393,262.20 | Interest Only | No |
27.01 | Property | | 1 | 1392 Nelson Avenue | | | | | | | | | |
27.02 | Property | | 1 | 3605 Holland Avenue | | | | | | | | | |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | 7.22000% | 0.01859% | 7.20141% | NAP | 31,111.18 | NAP | 373,334.16 | Interest Only | No |
28.01 | Property | | 1 | 2811 Heath Avenue | | | | | | | | | |
28.02 | Property | | 1 | 83 West 174th Street | | | | | | | | | |
29.00 | Loan | | 1 | 2200 Route 10 | 7.43000% | 0.01859% | 7.41141% | 32,290.88 | NAP | 387,490.56 | NAP | Amortizing Balloon | No |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | 7.33000% | 0.01859% | 7.31141% | 30,701.82 | NAP | 368,421.84 | NAP | Amortizing Balloon | No |
WFCM 2025-5C3
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 | Interest Accrual Method | Original Interest-Only Period (Mos.) | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) | Remaining Amortization Term (Mos.) | Origination Date | Seasoning (Mos.) |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | Actual/360 | 0 | 0 | 60 | 60 | 360 | 360 | 12/30/2024 | 0 |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | | | | |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | | | | |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | | | | |
1.04 | Property | | 1 | 1640 South Loop Road | | | | | | | | | |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | | | | |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | | | | |
1.07 | Property | | 1 | 1350 South Loop Road | | | | | | | | | |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | | | | |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | | | | |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | | | | |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 12/30/2024 | 0 |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 12/27/2024 | 0 |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | | | | | | | | | |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | | | | | | | | | |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | | | | | | | | | |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 11/26/2024 | 1 |
4.01 | Property | | 1 | Jefferson Park MHC | | | | | | | | | |
4.02 | Property | | 1 | Holiday Village MHC | | | | | | | | | |
4.03 | Property | | 1 | Cedrona Community | | | | | | | | | |
4.04 | Property | | 1 | Sunrise Terrace Community | | | | | | | | | |
4.05 | Property | | 1 | Moxie Community | | | | | | | | | |
4.06 | Property | | 1 | Chinook Mobile Community | | | | | | | | | |
4.07 | Property | | 1 | Laurel Lane MHC | | | | | | | | | |
4.08 | Property | | 1 | Northwest Community | | | | | | | | | |
4.09 | Property | | 1 | Squilchuck Creek Community | | | | | | | | | |
4.10 | Property | | 1 | Sun City Center and Community | | | | | | | | | |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 12/6/2024 | 1 |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 12/17/2024 | 0 |
6.01 | Property | | 1 | Brookfield Park | | | | | | | | | |
6.02 | Property | | 1 | Retreat at Baywood | | | | | | | | | |
6.03 | Property | | 1 | Ashford Brook | | | | | | | | | |
7.00 | Loan | 21,22 | 1 | Welleon | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 11/7/2024 | 1 |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 10/31/2024 | 2 |
9.00 | Loan | | 1 | 240 West 40th Street-NY | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 11/27/2024 | 1 |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | Actual/360 | 0 | 0 | 60 | 59 | 360 | 359 | 11/26/2024 | 1 |
10.01 | Property | | 1 | 7720 North Dobson Road | | | | | | | | | |
10.02 | Property | | 1 | 7350 North Dobson Road | | | | | | | | | |
10.03 | Property | | 1 | 7500 North Dobson Road | | | | | | | | | |
10.04 | Property | | 1 | 7580 North Dobson Road | | | | | | | | | |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 11/25/2024 | 1 |
12.00 | Loan | 27 | 1 | Falls of Westpark | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 12/2/2024 | 1 |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 10/28/2024 | 2 |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | Actual/360 | 12 | 12 | 60 | 60 | 360 | 360 | 12/24/2024 | 0 |
14.01 | Property | | 1 | 80 Clinton Place | | | | | | | | | |
14.02 | Property | | 1 | 1433 Teller Avenue | | | | | | | | | |
14.03 | Property | | 1 | 1441 Teller Avenue | | | | | | | | | |
15.00 | Loan | 34 | 1 | The Vesper Apartments | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 11/1/2024 | 2 |
16.00 | Loan | | 1 | Plaza at Eastlake | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 12/6/2024 | 1 |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 11/18/2024 | 1 |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 12/23/2024 | 0 |
19.00 | Loan | 39,40 | 1 | Circle Business Center | Actual/360 | 0 | 0 | 60 | 58 | 360 | 358 | 10/24/2024 | 2 |
20.00 | Loan | 41,42 | 1 | Brookhill Village | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 12/13/2024 | 0 |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 11/21/2024 | 1 |
22.00 | Loan | | 1 | Larchmont Village Retail | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 11/22/2024 | 1 |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | Actual/360 | 36 | 36 | 60 | 60 | 360 | 360 | 12/9/2024 | 0 |
23.01 | Property | | 1 | Meadowlark MHP | | | | | | | | | |
23.02 | Property | | 1 | Shady Estates MHP | | | | | | | | | |
23.03 | Property | | 1 | Highland Village MHP | | | | | | | | | |
23.04 | Property | | 1 | Sunset Harbor MHP | | | | | | | | | |
23.05 | Property | | 1 | Lakeside MHP | | | | | | | | | |
24.00 | Loan | | 1 | Burlington Plaza | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 12/20/2024 | 0 |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 12/31/2024 | 0 |
26.00 | Loan | | 1 | Uniroom | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 12/6/2024 | 1 |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 12/18/2024 | 0 |
27.01 | Property | | 1 | 1392 Nelson Avenue | | | | | | | | | |
27.02 | Property | | 1 | 3605 Holland Avenue | | | | | | | | | |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 12/9/2024 | 1 |
28.01 | Property | | 1 | 2811 Heath Avenue | | | | | | | | | |
28.02 | Property | | 1 | 83 West 174th Street | | | | | | | | | |
29.00 | Loan | | 1 | 2200 Route 10 | Actual/360 | 0 | 0 | 60 | 59 | 360 | 359 | 11/25/2024 | 1 |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | Actual/360 | 0 | 0 | 60 | 59 | 360 | 359 | 12/3/2024 | 1 |
WFCM 2025-5C3
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 | Payment Due Date | First Payment Date | First P&I Payment Date | Maturity Date or Anticipated Repayment Date | Final Maturity Date | Grace Period - Late Fee (Days) | Grace Period - Default (Days) | Prepayment Provision | Most Recent EGI ($) | Most Recent Expenses ($) |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | 11 | 2/11/2025 | 2/11/2025 | 1/11/2030 | NAP | 0 | 0 | L(24),D(29),O(7) | 26,278,366 | 8,248,974 |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | | | | 3,531,144 | 1,396,737 |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | | | | 3,768,563 | 894,368 |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | | | | 3,225,446 | 722,947 |
1.04 | Property | | 1 | 1640 South Loop Road | | | | | | | | | 3,757,964 | 923,973 |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | | | | 2,148,459 | 1,270,668 |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | | | | 2,724,116 | 1,230,116 |
1.07 | Property | | 1 | 1350 South Loop Road | | | | | | | | | 3,074,854 | 412,534 |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | | | | 1,991,465 | 514,913 |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | | | | 934,722 | 579,935 |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | | | | 1,121,633 | 302,784 |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | 1 | 2/1/2025 | NAP | 1/1/2030 | NAP | 0 | 5 | L(24),YM1(30),O(6) | 18,155,208 | 7,791,281 |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | 11 | 2/11/2025 | NAP | 1/11/2030 | NAP | 0 | 0 | L(24),DorYM1(29),O(7) | 22,033,671 | 9,651,524 |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | | | | | | | | | 9,576,986 | 3,885,926 |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | | | | | | | | | 8,843,903 | 4,058,909 |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | | | | | | | | | 3,612,782 | 1,706,690 |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | 6 | 1/6/2025 | NAP | 12/6/2029 | NAP | 0 | 0 | L(25),D(28),O(7) | 8,059,106 | 2,123,384 |
4.01 | Property | | 1 | Jefferson Park MHC | | | | | | | | | 1,945,219 | 668,847 |
4.02 | Property | | 1 | Holiday Village MHC | | | | | | | | | 1,851,254 | 510,920 |
4.03 | Property | | 1 | Cedrona Community | | | | | | | | | 566,136 | 100,646 |
4.04 | Property | | 1 | Sunrise Terrace Community | | | | | | | | | 672,247 | 105,091 |
4.05 | Property | | 1 | Moxie Community | | | | | | | | | 487,748 | 95,801 |
4.06 | Property | | 1 | Chinook Mobile Community | | | | | | | | | 614,349 | 126,502 |
4.07 | Property | | 1 | Laurel Lane MHC | | | | | | | | | 470,542 | 137,356 |
4.08 | Property | | 1 | Northwest Community | | | | | | | | | 694,128 | 199,995 |
4.09 | Property | | 1 | Squilchuck Creek Community | | | | | | | | | 388,171 | 86,317 |
4.10 | Property | | 1 | Sun City Center and Community | | | | | 1/0/1900 | | | | 369,312 | 91,910 |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | 6 | 1/6/2025 | NAP | 12/6/2029 | NAP | 5 | 0 | L(25),D(28),O(7) | 15,521,218 | 8,214,404 |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | 6 | 2/6/2025 | NAP | 1/6/2030 | NAP | 0 | 0 | L(24),D(30),O(6) | 5,424,096 | 1,931,835 |
6.01 | Property | | 1 | Brookfield Park | | | | | | | | | 2,227,178 | 824,007 |
6.02 | Property | | 1 | Retreat at Baywood | | | | | | | | | 1,963,429 | 653,030 |
6.03 | Property | | 1 | Ashford Brook | | | | | | | | | 1,233,490 | 454,798 |
7.00 | Loan | 21,22 | 1 | Welleon | 6 | 1/6/2025 | NAP | 12/6/2029 | NAP | 0 | 0 | L(25),D(28),O(7) | NAV | NAV |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | 6 | 12/6/2024 | NAP | 11/6/2029 | NAP | 0 | 0 | L(26),D(27),O(7) | 7,892,729 | 3,994,837 |
9.00 | Loan | | 1 | 240 West 40th Street-NY | 11 | 1/11/2025 | NAP | 12/11/2029 | NAP | 0 | 0 | L(25),D(31),O(4) | 7,249,715 | 3,497,830 |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | 11 | 1/11/2025 | 1/11/2025 | 12/11/2029 | NAP | 0 | 0 | YM1(25),DorYM1(28),O(7) | 9,931,589 | 4,141,995 |
10.01 | Property | | 1 | 7720 North Dobson Road | | | | | | | | | 3,609,438 | 1,278,609 |
10.02 | Property | | 1 | 7350 North Dobson Road | | | | | | | | | 3,253,001 | 1,159,162 |
10.03 | Property | | 1 | 7500 North Dobson Road | | | | | | | | | 2,688,636 | 1,104,589 |
10.04 | Property | | 1 | 7580 North Dobson Road | | | | | | | | | 380,514 | 599,635 |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | 6 | 1/6/2025 | NAP | 12/6/2029 | NAP | 0 | 0 | L(25),D(28),O(7) | 3,557,754 | 996,109 |
12.00 | Loan | 27 | 1 | Falls of Westpark | 6 | 1/6/2025 | NAP | 12/6/2029 | NAP | 0 | 0 | L(25),D(32),O(3) | 4,852,237 | 2,250,675 |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | 6 | 12/6/2024 | NAP | 11/6/2029 | NAP | 5 | 0 | L(26),DorYM1(27),O(7) | 96,970,236 | 47,239,932 |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | 6 | 2/6/2025 | 2/6/2026 | 1/6/2030 | NAP | 0 | 0 | L(24),D(32),O(4) | 2,173,867 | 204,852 |
14.01 | Property | | 1 | 80 Clinton Place | | | | | | | | | 881,166 | 77,366 |
14.02 | Property | | 1 | 1433 Teller Avenue | | | | | | | | | 644,012 | 62,887 |
14.03 | Property | | 1 | 1441 Teller Avenue | | | | | | | | | 648,689 | 64,598 |
15.00 | Loan | 34 | 1 | The Vesper Apartments | 6 | 12/6/2024 | NAP | 11/6/2029 | NAP | 5 | 0 | L(26),D(30),O(4) | 2,927,992 | 1,502,191 |
16.00 | Loan | | 1 | Plaza at Eastlake | 6 | 1/6/2025 | NAP | 12/6/2029 | NAP | 0 | 0 | L(25),D(30),O(5) | 3,808,216 | 1,286,803 |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | 6 | 1/6/2025 | NAP | 12/6/2029 | NAP | 0 | 0 | L(25),D(28),O(7) | 17,452,091 | 6,016,519 |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | 6 | 2/6/2025 | NAP | 1/6/2030 | NAP | 0 | 0 | L(24),D(32),O(4) | 4,905,702 | 2,768,028 |
19.00 | Loan | 39,40 | 1 | Circle Business Center | 6 | 12/6/2024 | 12/6/2024 | 11/6/2029 | NAP | 5 | 0 | L(26),D(29),O(5) | 3,489,143 | 1,721,178 |
20.00 | Loan | 41,42 | 1 | Brookhill Village | 1 | 2/1/2025 | NAP | 1/1/2030 | NAP | 0 | 0 | L(24),D(30),O(6) | 2,086,391 | 729,084 |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | 11 | 1/11/2025 | NAP | 12/11/2029 | NAP | 0 | 0 | L(25),D(31),O(4) | NAV | NAV |
22.00 | Loan | | 1 | Larchmont Village Retail | 11 | 1/11/2025 | NAP | 12/11/2029 | NAP | 0 | 0 | L(25),D(31),O(4) | 947,633 | 118,518 |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | 6 | 2/6/2025 | 2/6/2028 | 1/6/2030 | NAP | 0 | 0 | L(24),D(29),O(7) | 1,379,799 | 705,416 |
23.01 | Property | | 1 | Meadowlark MHP | | | | | | | | | 408,691 | 229,083 |
23.02 | Property | | 1 | Shady Estates MHP | | | | | | | | | 259,221 | 142,317 |
23.03 | Property | | 1 | Highland Village MHP | | | | | | | | | 305,601 | 149,985 |
23.04 | Property | | 1 | Sunset Harbor MHP | | | | | | | | | 233,356 | 125,759 |
23.05 | Property | | 1 | Lakeside MHP | | | | | | | | | 172,931 | 58,272 |
24.00 | Loan | | 1 | Burlington Plaza | 6 | 2/6/2025 | NAP | 1/6/2030 | NAP | 0 | 0 | L(24),YM2(29),O(7) | 1,370,259 | 416,900 |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | 6 | 2/6/2025 | NAP | 1/6/2030 | NAP | 0 | 0 | L(12),YM1(41),O(7) | NAV | NAV |
26.00 | Loan | | 1 | Uniroom | 11 | 1/11/2025 | NAP | 12/11/2029 | NAP | 0 | 0 | L(24),YM1(32),O(4) | 570,210 | 30,000 |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | 6 | 2/6/2025 | NAP | 1/6/2030 | NAP | 0 | 0 | L(11),YM1(42),O(7) | 438,395 | 48,536 |
27.01 | Property | | 1 | 1392 Nelson Avenue | | | | | | | | | 163,571 | 5,752 |
27.02 | Property | | 1 | 3605 Holland Avenue | | | | | | | | | 274,824 | 42,783 |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | 6 | 1/6/2025 | NAP | 12/6/2029 | NAP | 0 | 0 | L(12),YM1(41),O(7) | 545,400 | 67,146 |
28.01 | Property | | 1 | 2811 Heath Avenue | | | | | | �� | | | 287,850 | 40,939 |
28.02 | Property | | 1 | 83 West 174th Street | | | | | | | | | 257,550 | 26,207 |
29.00 | Loan | | 1 | 2200 Route 10 | 6 | 1/6/2025 | 1/6/2025 | 12/6/2029 | NAP | 0 | 0 | L(25),D(31),O(4) | 986,891 | 490,982 |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | 6 | 1/6/2025 | 1/6/2025 | 12/6/2029 | NAP | 0 | 0 | L(23),YM1(33),O(4) | NAV | NAV |
WFCM 2025-5C3
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 NOI ($) | Most Recent NOI Date | Most Recent Description | Second Most Recent EGI ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent NOI Date | Second Most Recent Description | Third Most Recent EGI ($) |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | 18,029,392 | 9/30/2024 | T-12 | 20,168,014 | 8,005,660 | 12,162,354 | 12/31/2023 | T-12 | 16,774,483 |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | 2,134,406 | 9/30/2024 | T-12 | 3,408,148 | 1,388,430 | 2,019,718 | 12/31/2023 | T-12 | 3,796,855 |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | 2,874,196 | 9/30/2024 | T-12 | 3,705,963 | 998,863 | 2,707,099 | 12/31/2023 | T-12 | 3,571,444 |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | 2,502,499 | 9/30/2024 | T-12 | 2,624,949 | 818,254 | 1,806,694 | 12/31/2023 | T-12 | 3,054,256 |
1.04 | Property | | 1 | 1640 South Loop Road | 2,833,991 | 9/30/2024 | T-12 | 2,068,113 | 793,697 | 1,274,415 | 12/31/2023 | T-12 | 122,576 |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | 877,791 | 9/30/2024 | T-12 | 2,171,107 | 1,176,095 | 995,012 | 12/31/2023 | T-12 | 1,859,711 |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | 1,494,000 | 9/30/2024 | T-12 | 2,127,441 | 1,153,514 | 973,926 | 12/31/2023 | T-12 | 1,576,253 |
1.07 | Property | | 1 | 1350 South Loop Road | 2,662,320 | 9/30/2024 | T-12 | 857,647 | 338,062 | 519,585 | 12/31/2023 | T-12 | (131,844) |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | 1,476,552 | 9/30/2024 | T-12 | 2,003,460 | 588,306 | 1,415,154 | 12/31/2023 | T-12 | 1,859,815 |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | 354,787 | 9/30/2024 | T-12 | 73,170 | 422,554 | (349,384) | 12/31/2023 | T-12 | NAV |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | 818,849 | 9/30/2024 | T-12 | 1,128,017 | 327,883 | 800,134 | 12/31/2023 | T-12 | 1,065,417 |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | 10,363,928 | 10/31/2024 | T-12 | 17,032,494 | 7,351,937 | 9,680,557 | 12/31/2023 | T-12 | 14,423,252 |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | 12,382,146 | 8/31/2024 | T-12 | 20,416,224 | 9,080,489 | 11,335,735 | 12/31/2023 | T-12 | 18,816,121 |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | 5,691,060 | 8/31/2024 | T-12 | 8,710,760 | 3,684,101 | 5,026,659 | 12/31/2023 | T-12 | 7,188,413 |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | 4,784,994 | 8/31/2024 | T-12 | 8,130,207 | 3,812,428 | 4,317,779 | 12/31/2023 | T-12 | 8,258,489 |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | 1,906,092 | 8/31/2024 | T-12 | 3,575,257 | 1,583,960 | 1,991,297 | 12/31/2023 | T-12 | 3,369,220 |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | 5,935,722 | 9/30/2024 | T-12 | 7,613,973 | 2,162,550 | 5,451,422 | 12/31/2023 | T-12 | NAV |
4.01 | Property | | 1 | Jefferson Park MHC | 1,276,372 | 9/30/2024 | T-12 | 1,879,440 | 682,079 | 1,197,360 | 12/31/2023 | T-12 | NAV |
4.02 | Property | | 1 | Holiday Village MHC | 1,340,334 | 9/30/2024 | T-12 | 1,751,963 | 540,708 | 1,211,255 | 12/31/2023 | T-12 | NAV |
4.03 | Property | | 1 | Cedrona Community | 465,489 | 9/30/2024 | T-12 | 513,745 | 103,381 | 410,364 | 12/31/2023 | T-12 | NAV |
4.04 | Property | | 1 | Sunrise Terrace Community | 567,156 | 9/30/2024 | T-12 | 618,865 | 118,685 | 500,180 | 12/31/2023 | T-12 | NAV |
4.05 | Property | | 1 | Moxie Community | 391,946 | 9/30/2024 | T-12 | 485,484 | 95,883 | 389,601 | 12/31/2023 | T-12 | NAV |
4.06 | Property | | 1 | Chinook Mobile Community | 487,847 | 9/30/2024 | T-12 | 529,373 | 97,517 | 431,856 | 12/31/2023 | T-12 | NAV |
4.07 | Property | | 1 | Laurel Lane MHC | 333,185 | 9/30/2024 | T-12 | 444,661 | 136,952 | 307,710 | 12/31/2023 | T-12 | NAV |
4.08 | Property | | 1 | Northwest Community | 494,133 | 9/30/2024 | T-12 | 697,280 | 203,960 | 493,320 | 12/31/2023 | T-12 | NAV |
4.09 | Property | | 1 | Squilchuck Creek Community | 301,855 | 9/30/2024 | T-12 | 342,596 | 93,299 | 249,297 | 12/31/2023 | T-12 | NAV |
4.10 | Property | | 1 | Sun City Center and Community | 277,403 | 9/30/2024 | T-12 | 350,565 | 90,085 | 260,480 | 12/31/2023 | T-12 | NAV |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | 7,306,814 | 11/30/2024 | T-12 | 16,076,955 | 8,113,143 | 7,963,812 | 12/31/2023 | T-12 | 18,685,007 |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | 3,492,261 | 8/31/2024 | T-12 | NAV | NAV | NAV | NAV | NAV | NAV |
6.01 | Property | | 1 | Brookfield Park | 1,403,171 | 8/31/2024 | T-12 | NAV | NAV | NAV | NAV | NAV | NAV |
6.02 | Property | | 1 | Retreat at Baywood | 1,310,399 | 8/31/2024 | T-12 | NAV | NAV | NAV | NAV | NAV | NAV |
6.03 | Property | | 1 | Ashford Brook | 778,692 | 8/31/2024 | T-12 | NAV | NAV | NAV | NAV | NAV | NAV |
7.00 | Loan | 21,22 | 1 | Welleon | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | 3,897,891 | 8/31/2024 | T-12 | 7,031,776 | 3,609,176 | 3,422,601 | 12/31/2023 | T-12 | 6,382,510 |
9.00 | Loan | | 1 | 240 West 40th Street-NY | 3,751,885 | 9/30/2024 | T-12 | 6,208,387 | 3,348,748 | 2,859,639 | 12/31/2023 | T-12 | 5,242,718 |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | 5,789,594 | 6/30/2024 | T-12 | 8,670,567 | 4,073,891 | 4,596,676 | 12/31/2023 | T-12 | 8,883,710 |
10.01 | Property | | 1 | 7720 North Dobson Road | 2,330,829 | 6/30/2024 | T-12 | 3,376,844 | 1,336,624 | 2,040,220 | 12/31/2023 | T-12 | 3,866,888 |
10.02 | Property | | 1 | 7350 North Dobson Road | 2,093,838 | 6/30/2024 | T-12 | 2,170,687 | 1,118,807 | 1,051,880 | 12/31/2023 | T-12 | 2,857,830 |
10.03 | Property | | 1 | 7500 North Dobson Road | 1,584,048 | 6/30/2024 | T-12 | 2,547,511 | 1,060,859 | 1,486,652 | 12/31/2023 | T-12 | 1,044,761 |
10.04 | Property | | 1 | 7580 North Dobson Road | (219,121) | 6/30/2024 | T-12 | 575,526 | 557,602 | 17,924 | 12/31/2023 | T-12 | 1,114,231 |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | 2,561,645 | 10/31/2024 | T-12 | 3,409,132 | 975,294 | 2,433,838 | 12/31/2023 | T-12 | 2,937,769 |
12.00 | Loan | 27 | 1 | Falls of Westpark | 2,601,562 | 10/31/2024 | T-12 | 4,288,597 | 2,169,932 | 2,118,666 | 12/31/2023 | T-12 | 3,979,573 |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | 49,730,304 | 9/30/2024 | T-12 | 99,301,114 | 46,818,839 | 52,482,275 | 12/31/2023 | T-12 | 102,751,752 |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | 1,969,015 | 10/31/2024 | T-12 | NAV | NAV | NAV | NAV | NAV | NAV |
14.01 | Property | | 1 | 80 Clinton Place | 803,800 | 10/31/2024 | T-12 | NAV | NAV | NAV | NAV | NAV | NAV |
14.02 | Property | | 1 | 1433 Teller Avenue | 581,125 | 10/31/2024 | T-12 | NAV | NAV | NAV | NAV | NAV | NAV |
14.03 | Property | | 1 | 1441 Teller Avenue | 584,091 | 10/31/2024 | T-12 | NAV | NAV | NAV | NAV | NAV | NAV |
15.00 | Loan | 34 | 1 | The Vesper Apartments | 1,425,800 | 9/30/2024 | T-12 | 2,648,488 | 1,393,551 | 1,254,937 | 12/31/2023 | T-12 | 2,463,819 |
16.00 | Loan | | 1 | Plaza at Eastlake | 2,521,413 | 8/31/2024 | T-12 | 3,205,811 | 1,276,967 | 1,928,844 | 12/31/2023 | T-12 | 2,592,047 |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | 11,435,572 | 9/30/2024 | T-12 | 16,266,591 | 5,776,467 | 10,490,125 | 12/31/2023 | T-12 | 16,180,797 |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | 2,137,674 | 10/31/2024 | T-12 | 5,177,922 | 2,734,315 | 2,443,607 | 12/31/2023 | T-12 | 4,656,940 |
19.00 | Loan | 39,40 | 1 | Circle Business Center | 1,767,965 | 8/31/2024 | T-12 | 3,350,413 | 1,641,227 | 1,709,186 | 12/31/2023 | T-12 | 3,234,469 |
20.00 | Loan | 41,42 | 1 | Brookhill Village | 1,357,307 | 9/30/2024 | T-12 | 1,815,324 | 630,231 | 1,185,093 | 12/31/2023 | T-12 | 1,795,061 |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
22.00 | Loan | | 1 | Larchmont Village Retail | 829,115 | 9/30/2024 | T-12 | 899,923 | 131,652 | 768,271 | 12/31/2023 | T-12 | 696,217 |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | 674,384 | 9/30/2024 | T-12 | 1,312,617 | 689,397 | 623,220 | 12/31/2023 | T-12 | 1,321,496 |
23.01 | Property | | 1 | Meadowlark MHP | 179,608 | 9/30/2024 | T-12 | 383,530 | 208,439 | 175,091 | 12/31/2023 | T-12 | 391,586 |
23.02 | Property | | 1 | Shady Estates MHP | 116,904 | 9/30/2024 | T-12 | 234,762 | 122,303 | 112,459 | 12/31/2023 | T-12 | 235,965 |
23.03 | Property | | 1 | Highland Village MHP | 155,615 | 9/30/2024 | T-12 | 298,972 | 156,926 | 142,046 | 12/31/2023 | T-12 | 302,523 |
23.04 | Property | | 1 | Sunset Harbor MHP | 107,597 | 9/30/2024 | T-12 | 231,270 | 141,271 | 89,999 | 12/31/2023 | T-12 | 230,861 |
23.05 | Property | | 1 | Lakeside MHP | 114,659 | 9/30/2024 | T-12 | 164,083 | 60,458 | 103,625 | 12/31/2023 | T-12 | 160,561 |
24.00 | Loan | | 1 | Burlington Plaza | 953,359 | 10/31/2024 | T-12 | 1,347,748 | 370,752 | 976,996 | 12/31/2023 | T-12 | 1,220,534 |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
26.00 | Loan | | 1 | Uniroom | 540,210 | 10/31/2024 | T-4 Annualized | NAV | NAV | NAV | NAV | NAV | NAV |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | 389,859 | 11/30/2024 | T-1 Annualized | NAV | NAV | NAV | NAV | NAV | NAV |
27.01 | Property | | 1 | 1392 Nelson Avenue | 157,819 | 11/30/2024 | T-1 Annualized | NAV | NAV | NAV | NAV | NAV | NAV |
27.02 | Property | | 1 | 3605 Holland Avenue | 232,041 | 11/30/2024 | T-1 Annualized | NAV | NAV | NAV | NAV | NAV | NAV |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | 478,254 | 10/31/2024 | T-2 Annualized | NAV | NAV | NAV | NAV | NAV | NAV |
28.01 | Property | | 1 | 2811 Heath Avenue | 246,911 | 10/31/2024 | T-2 Annualized | NAV | NAV | NAV | NAV | NAV | NAV |
28.02 | Property | | 1 | 83 West 174th Street | 231,343 | 10/31/2024 | T-2 Annualized | NAV | NAV | NAV | NAV | NAV | NAV |
29.00 | Loan | | 1 | 2200 Route 10 | 495,909 | 10/31/2024 | T-12 | 1,007,086 | 534,008 | 473,078 | 12/31/2023 | T-12 | 1,018,050 |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
WFCM 2025-5C3
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 Expenses ($) | Third Most Recent NOI ($) | Third Most Recent NOI Date | Third Most Recent Description | Underwritten Economic Occupancy (%) | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Underwritten Replacement / FF&E Reserve ($) |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | 6,553,693 | 10,220,790 | 12/31/2022 | T-12 | 91.8% | 31,472,463 | 8,711,242 | 22,761,221 | 128,644 |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | 1,221,250 | 2,575,604 | 12/31/2022 | T-12 | 100.0% | 5,665,044 | 1,439,747 | 4,225,296 | 24,243 |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | 926,541 | 2,644,903 | 12/31/2022 | T-12 | 100.0% | 3,644,556 | 818,030 | 2,826,526 | 19,596 |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | 1,090,965 | 1,963,291 | 12/31/2022 | T-12 | 100.0% | 3,166,367 | 683,852 | 2,482,514 | 17,211 |
1.04 | Property | | 1 | 1640 South Loop Road | 298,418 | (175,842) | 12/31/2022 | T-12 | 100.0% | 4,366,904 | 1,121,878 | 3,245,026 | 10,356 |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | 895,396 | 964,315 | 12/31/2022 | T-12 | 63.7% | 2,761,834 | 1,361,772 | 1,400,062 | 13,507 |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | 929,791 | 646,462 | 12/31/2022 | T-12 | 100.0% | 4,056,861 | 1,364,159 | 2,692,701 | 12,539 |
1.07 | Property | | 1 | 1350 South Loop Road | 314,933 | (446,776) | 12/31/2022 | T-12 | 100.0% | 3,424,308 | 596,664 | 2,827,643 | 8,729 |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | 561,529 | 1,298,285 | 12/31/2022 | T-12 | 100.0% | 1,889,350 | 441,844 | 1,447,506 | 10,035 |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | NAV | NAV | NAV | NAV | 54.0% | 1,405,047 | 607,990 | 797,057 | 6,763 |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | 314,869 | 750,548 | 12/31/2022 | T-12 | 100.0% | 1,092,194 | 275,305 | 816,889 | 5,663 |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | 6,815,604 | 7,607,648 | 12/31/2022 | T-12 | 90.5% | 18,156,367 | 7,749,840 | 10,406,528 | 689,583 |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | 8,664,422 | 10,151,699 | 12/31/2022 | T-12 | 85.3% | 23,618,844 | 9,805,059 | 13,813,785 | 165,191 |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | 3,472,731 | 3,715,681 | 12/31/2022 | T-12 | 93.4% | 11,041,709 | 4,086,940 | 6,954,769 | 24,414 |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | 3,640,982 | 4,617,507 | 12/31/2022 | T-12 | 80.9% | 9,200,004 | 4,058,967 | 5,141,037 | 107,263 |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | 1,550,709 | 1,818,511 | 12/31/2022 | T-12 | 74.9% | 3,377,132 | 1,659,152 | 1,717,980 | 33,514 |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | NAV | NAV | NAV | NAV | 95.0% | 8,081,375 | 2,141,292 | 5,940,082 | 48,100 |
4.01 | Property | | 1 | Jefferson Park MHC | NAV | NAV | NAV | NAV | 95.0% | 1,968,555 | 665,116 | 1,303,438 | 14,350 |
4.02 | Property | | 1 | Holiday Village MHC | NAV | NAV | NAV | NAV | 95.0% | 1,849,010 | 511,874 | 1,337,137 | 13,600 |
4.03 | Property | | 1 | Cedrona Community | NAV | NAV | NAV | NAV | 95.0% | 596,898 | 114,634 | 482,263 | 2,700 |
4.04 | Property | | 1 | Sunrise Terrace Community | NAV | NAV | NAV | NAV | 95.0% | 670,917 | 127,527 | 543,390 | 2,750 |
4.05 | Property | | 1 | Moxie Community | NAV | NAV | NAV | NAV | 95.0% | 500,409 | 93,797 | 406,612 | 3,150 |
4.06 | Property | | 1 | Chinook Mobile Community | NAV | NAV | NAV | NAV | 95.0% | 579,606 | 116,001 | 463,606 | 3,100 |
4.07 | Property | | 1 | Laurel Lane MHC | NAV | NAV | NAV | NAV | 95.0% | 463,132 | 132,573 | 330,559 | 1,850 |
4.08 | Property | | 1 | Northwest Community | NAV | NAV | NAV | NAV | 95.0% | 704,397 | 214,030 | 490,367 | 2,650 |
4.09 | Property | | 1 | Squilchuck Creek Community | NAV | NAV | NAV | NAV | 95.0% | 385,848 | 82,012 | 303,836 | 2,000 |
4.10 | Property | | 1 | Sun City Center and Community | NAV | NAV | NAV | NAV | 95.0% | 362,603 | 83,728 | 278,875 | 1,950 |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | 8,671,669 | 10,013,338 | 12/31/2022 | T-12 | 49.3% | 15,512,152 | 8,367,147 | 7,145,004 | 590,504 |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | NAV | NAV | NAV | NAV | 95.0% | 6,024,853 | 1,816,040 | 4,208,814 | 133,424 |
6.01 | Property | | 1 | Brookfield Park | NAV | NAV | NAV | NAV | 95.0% | 2,465,559 | 730,014 | 1,735,545 | 29,110 |
6.02 | Property | | 1 | Retreat at Baywood | NAV | NAV | NAV | NAV | 95.0% | 2,120,453 | 662,137 | 1,458,316 | 58,145 |
6.03 | Property | | 1 | Ashford Brook | NAV | NAV | NAV | NAV | 95.0% | 1,438,842 | 423,889 | 1,014,953 | 46,169 |
7.00 | Loan | 21,22 | 1 | Welleon | NAV | NAV | NAV | NAV | 92.3% | 4,390,343 | 824,770 | 3,565,573 | 26,000 |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | 3,253,560 | 3,128,950 | 12/31/2022 | T-12 | 93.8% | 7,515,817 | 3,459,688 | 4,056,129 | 140,704 |
9.00 | Loan | | 1 | 240 West 40th Street-NY | 2,970,845 | 2,271,873 | 12/31/2022 | T-12 | 92.5% | 8,867,458 | 3,644,427 | 5,223,031 | 37,106 |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | 4,017,863 | 4,865,846 | 12/31/2022 | T-12 | 90.0% | 10,806,203 | 4,145,799 | 6,660,404 | 159,543 |
10.01 | Property | | 1 | 7720 North Dobson Road | 1,308,168 | 2,558,720 | 12/31/2022 | T-12 | 95.7% | 3,867,575 | 1,340,287 | 2,527,288 | 52,477 |
10.02 | Property | | 1 | 7350 North Dobson Road | 1,090,685 | 1,767,146 | 12/31/2022 | T-12 | 95.7% | 3,221,826 | 1,118,208 | 2,103,617 | 49,262 |
10.03 | Property | | 1 | 7500 North Dobson Road | 933,793 | 110,968 | 12/31/2022 | T-12 | 95.7% | 2,634,364 | 1,085,433 | 1,548,931 | 35,259 |
10.04 | Property | | 1 | 7580 North Dobson Road | 685,218 | 429,013 | 12/31/2022 | T-12 | 58.8% | 1,082,438 | 601,870 | 480,568 | 22,546 |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | 1,055,216 | 1,882,553 | 12/31/2022 | T-12 | 95.0% | 3,501,669 | 1,030,646 | 2,471,023 | 17,250 |
12.00 | Loan | 27 | 1 | Falls of Westpark | 2,121,485 | 1,858,087 | 12/31/2022 | T-12 | 93.9% | 5,103,083 | 2,177,264 | 2,925,819 | 88,000 |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | 47,275,208 | 55,476,544 | 12/31/2022 | T-12 | 95.8% | 100,774,128 | 47,153,562 | 53,620,566 | 119,490 |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | NAV | NAV | NAV | NAV | 95.0% | 2,233,294 | 319,197 | 1,914,097 | 15,250 |
14.01 | Property | | 1 | 80 Clinton Place | NAV | NAV | NAV | NAV | 92.4% | 889,344 | 120,662 | 768,682 | 6,500 |
14.02 | Property | | 1 | 1433 Teller Avenue | NAV | NAV | NAV | NAV | 97.2% | 699,133 | 108,638 | 590,495 | 4,750 |
14.03 | Property | | 1 | 1441 Teller Avenue | NAV | NAV | NAV | NAV | 96.5% | 644,817 | 89,897 | 554,920 | 4,000 |
15.00 | Loan | 34 | 1 | The Vesper Apartments | 1,329,931 | 1,133,888 | 12/31/2022 | T-12 | 93.7% | 3,019,115 | 1,442,048 | 1,577,067 | 57,600 |
16.00 | Loan | | 1 | Plaza at Eastlake | 1,106,629 | 1,485,418 | 12/31/2022 | T-12 | 92.8% | 4,578,753 | 1,375,160 | 3,203,593 | 26,495 |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | 5,782,993 | 10,397,804 | 12/31/2022 | T-12 | 90.0% | 16,441,883 | 6,073,088 | 10,368,795 | 573,214 |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | 2,471,748 | 2,185,192 | 12/31/2022 | T-12 | 47.8% | 4,892,299 | 2,688,571 | 2,203,728 | 195,692 |
19.00 | Loan | 39,40 | 1 | Circle Business Center | 1,555,202 | 1,679,267 | 12/31/2022 | T-12 | 78.9% | 3,668,304 | 1,726,689 | 1,941,615 | 39,242 |
20.00 | Loan | 41,42 | 1 | Brookhill Village | 642,984 | 1,152,078 | 12/31/2022 | T-12 | 85.6% | 2,073,170 | 697,826 | 1,375,344 | 22,929 |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | NAV | NAV | NAV | NAV | 97.0% | 1,088,176 | 63,861 | 1,024,315 | 1,348 |
22.00 | Loan | | 1 | Larchmont Village Retail | 86,904 | 609,312 | 12/31/2022 | T-12 | 95.0% | 1,064,444 | 306,849 | 757,595 | 2,571 |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | 688,658 | 632,838 | 12/31/2022 | T-12 | 70.7% | 1,561,171 | 730,131 | 831,040 | 16,850 |
23.01 | Property | | 1 | Meadowlark MHP | 202,380 | 189,206 | 12/31/2022 | T-12 | 66.0% | 464,510 | 227,350 | 237,160 | 5,350 |
23.02 | Property | | 1 | Shady Estates MHP | 104,083 | 131,882 | 12/31/2022 | T-12 | 58.9% | 305,031 | 132,693 | 172,338 | 4,400 |
23.03 | Property | | 1 | Highland Village MHP | 179,759 | 122,764 | 12/31/2022 | T-12 | 77.2% | 335,119 | 168,651 | 166,468 | 3,050 |
23.04 | Property | | 1 | Sunset Harbor MHP | 141,329 | 89,532 | 12/31/2022 | T-12 | 73.1% | 262,581 | 135,761 | 126,820 | 2,600 |
23.05 | Property | | 1 | Lakeside MHP | 61,107 | 99,454 | 12/31/2022 | T-12 | 96.6% | 193,930 | 65,676 | 128,255 | 1,450 |
24.00 | Loan | | 1 | Burlington Plaza | 356,778 | 863,756 | 12/31/2022 | T-12 | 95.0% | 1,458,582 | 383,468 | 1,075,115 | 26,026 |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | NAV | NAV | NAV | NAV | 95.0% | 827,559 | 180,823 | 646,736 | 4,276 |
26.00 | Loan | | 1 | Uniroom | NAV | NAV | NAV | NAV | 95.0% | 713,049 | 190,165 | 522,884 | 4,890 |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | NAV | NAV | NAV | NAV | 98.0% | 610,520 | 99,759 | 510,761 | 4,000 |
27.01 | Property | | 1 | 1392 Nelson Avenue | NAV | NAV | NAV | NAV | 98.0% | 310,335 | 49,143 | 261,192 | 2,000 |
27.02 | Property | | 1 | 3605 Holland Avenue | NAV | NAV | NAV | NAV | 98.0% | 300,186 | 50,617 | 249,569 | 2,000 |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | NAV | NAV | NAV | NAV | 94.0% | 569,640 | 100,243 | 469,397 | 4,000 |
28.01 | Property | | 1 | 2811 Heath Avenue | NAV | NAV | NAV | NAV | 98.0% | 296,940 | 50,217 | 246,723 | 2,000 |
28.02 | Property | | 1 | 83 West 174th Street | NAV | NAV | NAV | NAV | 90.0% | 272,700 | 50,026 | 222,674 | 2,000 |
29.00 | Loan | | 1 | 2200 Route 10 | 529,418 | 488,633 | 12/31/2022 | T-12 | 91.1% | 1,234,072 | 537,064 | 697,008 | 19,574 |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | NAV | NAV | NAV | NAV | 94.2% | 550,208 | 62,876 | 487,332 | 3,000 |
WFCM 2025-5C3
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 TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NOI DSCR (x) | Underwritten NCF DSCR (x) | Underwritten NOI Debt Yield (%) | Underwritten NCF Debt Yield (%) | Appraised Value ($) | Appraised Value Type | Appraisal Date |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | 193,220 | 22,439,357 | 1.47 | 1.45 | 10.7% | 10.6% | 316,270,000 | Various | Various |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | 36,413 | 4,164,640 | | | | | 46,420,000 | Hypothetical As Stabilized | 10/23/2024 |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | 29,433 | 2,777,498 | | | | | 44,770,000 | Hypothetical As Stabilized | 10/23/2024 |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | 25,850 | 2,439,453 | | | | | 39,320,000 | Hypothetical As Stabilized | 10/23/2024 |
1.04 | Property | | 1 | 1640 South Loop Road | 15,554 | 3,219,116 | | | | | 36,500,000 | As Is | 10/21/2024 |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | 20,288 | 1,366,267 | | | | | 29,600,000 | As Is | 10/21/2024 |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | 18,834 | 2,661,328 | | | | | 35,700,000 | Hypothetical As Complete/Stabilized | 10/21/2024 |
1.07 | Property | | 1 | 1350 South Loop Road | 13,111 | 2,805,804 | | | | | 31,490,000 | As Is | 10/23/2024 |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | 15,073 | 1,422,397 | | | | | 22,930,000 | Hypothetical As Stabilized | 10/23/2024 |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | 10,158 | 780,135 | | | | | 16,600,000 | As Is | 10/21/2024 |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | 8,506 | 802,719 | | | | | 12,940,000 | Hypothetical As Stabilized | 10/23/2024 |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | 0 | 9,716,944 | 1.73 | 1.62 | 13.7% | 12.8% | 144,000,000 | As Is | 10/3/2024 |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | 0 | 13,648,594 | 1.75 | 1.73 | 13.2% | 13.0% | 202,400,000 | Various | Various |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | 0 | 6,930,355 | | | | | 107,600,000 | As Hypothetical | 10/14/2024 |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | 0 | 5,033,774 | | | | | 65,800,000 | As Is | 10/14/2024 |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | 0 | 1,684,465 | | | | | 29,000,000 | As Is | 10/17/2024 |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | 0 | 5,891,982 | 1.33 | 1.32 | 8.4% | 8.4% | 105,055,000 | As Is | Various |
4.01 | Property | | 1 | Jefferson Park MHC | 0 | 1,289,088 | | | | | 22,420,000 | As Is | 10/15/2024 |
4.02 | Property | | 1 | Holiday Village MHC | 0 | 1,323,537 | | | | | 20,210,000 | As Is | 10/15/2024 |
4.03 | Property | | 1 | Cedrona Community | 0 | 479,563 | | | | | 9,575,000 | As Is | 10/13/2024 |
4.04 | Property | | 1 | Sunrise Terrace Community | 0 | 540,640 | | | | | 10,750,000 | As Is | 10/13/2024 |
4.05 | Property | | 1 | Moxie Community | 0 | 403,462 | | | | | 7,125,000 | As Is | 10/13/2024 |
4.06 | Property | | 1 | Chinook Mobile Community | 0 | 460,506 | | | | | 8,400,000 | As Is | 10/13/2024 |
4.07 | Property | | 1 | Laurel Lane MHC | 0 | 328,709 | | | | | 6,675,000 | As Is | 10/13/2024 |
4.08 | Property | | 1 | Northwest Community | 0 | 487,717 | | | | | 9,525,000 | As Is | 10/13/2024 |
4.09 | Property | | 1 | Squilchuck Creek Community | 0 | 301,836 | | | | | 5,250,000 | As Is | 10/13/2024 |
4.10 | Property | | 1 | Sun City Center and Community | 0 | 276,925 | | | | | 5,125,000 | As Is | 10/13/2024 |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | 0 | 6,554,501 | 1.72 | 1.58 | 13.1% | 12.0% | 108,000,000 | As Is | 10/31/2024 |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | 0 | 4,075,390 | 1.33 | 1.29 | 9.0% | 8.7% | 73,900,000 | As Is | 7/23/2024 |
6.01 | Property | | 1 | Brookfield Park | 0 | 1,706,435 | | | | | 29,900,000 | As Is | 7/23/2024 |
6.02 | Property | | 1 | Retreat at Baywood | 0 | 1,400,171 | | | | | 26,700,000 | As Is | 7/23/2024 |
6.03 | Property | | 1 | Ashford Brook | 0 | 968,784 | | | | | 17,300,000 | As Is | 7/23/2024 |
7.00 | Loan | 21,22 | 1 | Welleon | 14,426 | 3,525,147 | 1.27 | 1.25 | 8.0% | 7.9% | 68,500,000 | As Is with Abatement Value | 10/1/2024 |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | 0 | 3,915,424 | 1.44 | 1.39 | 9.7% | 9.3% | 58,100,000 | As Is | 10/9/2024 |
9.00 | Loan | | 1 | 240 West 40th Street-NY | 371,058 | 4,814,867 | 1.67 | 1.54 | 13.1% | 12.0% | 81,000,000 | As Is | 7/24/2024 |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | 809,306 | 5,691,555 | 2.22 | 1.90 | 19.0% | 16.3% | 83,000,000 | As Portfolio | 6/1/2024 |
10.01 | Property | | 1 | 7720 North Dobson Road | 266,196 | 2,208,615 | | | | | 29,600,000 | As Is | 6/1/2024 |
10.02 | Property | | 1 | 7350 North Dobson Road | 249,889 | 1,804,466 | | | | | 26,900,000 | As Is | 6/1/2024 |
10.03 | Property | | 1 | 7500 North Dobson Road | 178,854 | 1,334,818 | | | | | 17,200,000 | As Is | 6/1/2024 |
10.04 | Property | | 1 | 7580 North Dobson Road | 114,367 | 343,656 | | | | | 8,700,000 | As Is | 6/1/2024 |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | 0 | 2,453,773 | 1.23 | 1.23 | 8.2% | 8.2% | 43,900,000 | As Is | 10/15/2024 |
12.00 | Loan | 27 | 1 | Falls of Westpark | 0 | 2,837,819 | 1.45 | 1.41 | 10.1% | 9.8% | 45,500,000 | As Is | 10/21/2024 |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | 968,757 | 52,532,319 | 1.88 | 1.84 | 10.2% | 10.0% | 1,060,000,000 | As Is | 9/19/2024 |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | 0 | 1,898,847 | 1.24 | 1.23 | 10.3% | 10.2% | 27,200,000 | As Is | Various |
14.01 | Property | | 1 | 80 Clinton Place | 0 | 762,182 | | | | | 10,600,000 | As Is | 11/1/2024 |
14.02 | Property | | 1 | 1433 Teller Avenue | 0 | 585,745 | | | | | 8,700,000 | As Is | 9/30/2024 |
14.03 | Property | | 1 | 1441 Teller Avenue | 0 | 550,920 | | | | | 7,900,000 | As Is | 9/30/2024 |
15.00 | Loan | 34 | 1 | The Vesper Apartments | 0 | 1,519,467 | 1.24 | 1.20 | 8.6% | 8.3% | 27,100,000 | As Is | 9/4/2024 |
16.00 | Loan | | 1 | Plaza at Eastlake | 264,954 | 2,912,144 | 2.73 | 2.48 | 18.1% | 16.5% | 30,200,000 | As Is | 10/21/2024 |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | 309,554 | 9,486,028 | 2.62 | 2.40 | 19.5% | 17.8% | 106,000,000 | As Is | 8/30/2024 |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | 0 | 2,008,036 | 1.78 | 1.62 | 13.8% | 12.6% | 26,100,000 | As Is | 11/19/2024 |
19.00 | Loan | 39,40 | 1 | Circle Business Center | 137,209 | 1,765,163 | 1.56 | 1.41 | 13.0% | 11.8% | 25,510,000 | As Is | 9/4/2024 |
20.00 | Loan | 41,42 | 1 | Brookhill Village | 47,145 | 1,305,270 | 1.40 | 1.33 | 10.0% | 9.5% | 21,500,000 | As Is | 11/13/2024 |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | 0 | 1,022,967 | 1.32 | 1.32 | 9.3% | 9.3% | 15,800,000 | As Is | 7/12/2024 |
22.00 | Loan | | 1 | Larchmont Village Retail | 0 | 755,024 | 1.32 | 1.32 | 8.8% | 8.8% | 16,100,000 | As Is | 10/22/2024 |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | 0 | 814,190 | 1.40 | 1.37 | 11.5% | 11.2% | 16,650,000 | As Is | Various |
23.01 | Property | | 1 | Meadowlark MHP | 0 | 231,810 | | | | | 4,610,000 | As Is | 9/19/2024 |
23.02 | Property | | 1 | Shady Estates MHP | 0 | 167,938 | | | | | 3,880,000 | As Is | 9/19/2024 |
23.03 | Property | | 1 | Highland Village MHP | 0 | 163,418 | | | | | 3,580,000 | As Is | 9/20/2024 |
23.04 | Property | | 1 | Sunset Harbor MHP | 0 | 124,220 | | | | | 2,590,000 | As Is | 9/20/2024 |
23.05 | Property | | 1 | Lakeside MHP | 0 | 126,805 | | | | | 1,990,000 | As Is | 9/20/2024 |
24.00 | Loan | | 1 | Burlington Plaza | 54,102 | 994,987 | 2.18 | 2.02 | 16.5% | 15.3% | 15,930,000 | As Is | 11/17/2024 |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | 27,145 | 615,315 | 1.49 | 1.42 | 10.1% | 9.6% | 9,760,000 | As Is | 10/18/2024 |
26.00 | Loan | | 1 | Uniroom | 934 | 517,060 | 1.27 | 1.25 | 8.7% | 8.6% | 8,370,000 | As Is | 8/27/2024 |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | 0 | 506,761 | 1.30 | 1.29 | 9.5% | 9.5% | 7,850,000 | As Is | 10/31/2024 |
27.01 | Property | | 1 | 1392 Nelson Avenue | 0 | 259,192 | | | | | 4,050,000 | As Is | 10/31/2024 |
27.02 | Property | | 1 | 3605 Holland Avenue | 0 | 247,569 | | | | | 3,800,000 | As Is | 10/31/2024 |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | 0 | 465,397 | 1.26 | 1.25 | 9.2% | 9.1% | 7,600,000 | As Is | 10/15/2024 |
28.01 | Property | | 1 | 2811 Heath Avenue | 0 | 244,723 | | | | | 3,800,000 | As Is | 10/15/2024 |
28.02 | Property | | 1 | 83 West 174th Street | 0 | 220,674 | | | | | 3,800,000 | As Is | 10/15/2024 |
29.00 | Loan | | 1 | 2200 Route 10 | 0 | 677,433 | 1.80 | 1.75 | 15.0% | 14.6% | 8,500,000 | As Is | 10/25/2024 |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | 0 | 484,332 | 1.32 | 1.31 | 10.9% | 10.9% | 7,200,000 | As Is | 6/27/2024 |
WFCM 2025-5C3
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 LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) | Leased Occupancy (%)(3) | Occupancy Date | Single Tenant (Y/N) | Largest Tenant | Largest Tenant SF | Largest Tenant % of NRA |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | 67.0% | 62.9% | 93.9% | Various | | | | |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | 100.0% | 11/26/2024 | Yes | Abbott Diabetes Care, Inc | 121,216 | 100.0% |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | 100.0% | 11/26/2024 | Yes | Penumbra, Inc. | 97,980 | 100.0% |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | 100.0% | 11/26/2024 | Yes | Penumbra, Inc. | 86,055 | 100.0% |
1.04 | Property | | 1 | 1640 South Loop Road | | | 100.0% | 11/26/2024 | No | AllCells, LLC | 25,865 | 50.0% |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | 67.1% | 11/26/2024 | No | Bay Area Disruptor | 28,488 | 42.2% |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | 100.0% | 11/26/2024 | No | Infinimmune, Inc | 9,828 | 15.7% |
1.07 | Property | | 1 | 1350 South Loop Road | | | 100.0% | 11/26/2024 | Yes | Vivani Medical, Inc. | 43,645 | 100.0% |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | 100.0% | 11/26/2024 | Yes | Penumbra, Inc. | 50,177 | 100.0% |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | 49.8% | 10/16/2024 | No | Rubi Laboratories, Inc. | 16,844 | 49.8% |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | 100.0% | 11/26/2024 | Yes | Penumbra, Inc. | 28,317 | 100.0% |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | 52.8% | 52.8% | 93.9% | 10/31/2024 | NAP | NAP | NAP | NAP |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | 51.9% | 51.9% | 82.3% | 12/2/2024 | | | | |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | | | 91.6% | 12/2/2024 | No | U.S. Bank National Association | 27,569 | 28.2% |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | | | 80.3% | 12/2/2024 | No | Rexford Industrial Realty, L.P. | 24,693 | 12.5% |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | | | 73.4% | 12/2/2024 | No | Majid Moarefi, M.D., Inc. | 4,191 | 7.4% |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | 67.1% | 67.1% | 97.7% | 9/1/2024 | | | | |
4.01 | Property | | 1 | Jefferson Park MHC | | | 95.1% | 9/1/2024 | NAP | NAP | NAP | NAP |
4.02 | Property | | 1 | Holiday Village MHC | | | 97.4% | 9/1/2024 | NAP | NAP | NAP | NAP |
4.03 | Property | | 1 | Cedrona Community | | | 98.1% | 9/1/2024 | NAP | NAP | NAP | NAP |
4.04 | Property | | 1 | Sunrise Terrace Community | | | 100.0% | 9/1/2024 | NAP | NAP | NAP | NAP |
4.05 | Property | | 1 | Moxie Community | | | 100.0% | 9/1/2024 | NAP | NAP | NAP | NAP |
4.06 | Property | | 1 | Chinook Mobile Community | | | 100.0% | 9/1/2024 | NAP | NAP | NAP | NAP |
4.07 | Property | | 1 | Laurel Lane MHC | | | 100.0% | 9/1/2024 | NAP | NAP | NAP | NAP |
4.08 | Property | | 1 | Northwest Community | | | 100.0% | 9/1/2024 | NAP | NAP | NAP | NAP |
4.09 | Property | | 1 | Squilchuck Creek Community | | | 100.0% | 9/1/2024 | NAP | NAP | NAP | NAP |
4.10 | Property | | 1 | Sun City Center and Community | | | 100.0% | 9/1/2024 | NAP | NAP | NAP | NAP |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | 50.5% | 50.5% | 49.3% | 11/30/2024 | NAP | NAP | NAP | NAP |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | 63.6% | 63.6% | 98.4% | 7/1/2024 | | | | |
6.01 | Property | | 1 | Brookfield Park | | | 99.4% | 7/1/2024 | NAP | NAP | NAP | NAP |
6.02 | Property | | 1 | Retreat at Baywood | | | 95.8% | 7/1/2024 | NAP | NAP | NAP | NAP |
6.03 | Property | | 1 | Ashford Brook | | | 100.0% | 7/1/2024 | NAP | NAP | NAP | NAP |
7.00 | Loan | 21,22 | 1 | Welleon | 65.1% | 65.1% | 91.5% | 10/30/2024 | NAP | NAP | NAP | NAP |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | 72.3% | 72.3% | 94.7% | 10/23/2024 | NAP | NAP | NAP | NAP |
9.00 | Loan | | 1 | 240 West 40th Street-NY | 49.4% | 49.4% | 99.0% | 10/9/2024 | No | Nomads Works | 30,874 | 16.6% |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | 42.1% | 40.3% | 94.3% | 11/20/2024 | | | | |
10.01 | Property | | 1 | 7720 North Dobson Road | | | 100.0% | 11/20/2024 | Yes | Arrivia/Equality Health | 149,544 | 100.0% |
10.02 | Property | | 1 | 7350 North Dobson Road | | | 100.0% | 11/20/2024 | No | GlobalTranz Enterprises | 70,347 | 50.1% |
10.03 | Property | | 1 | 7500 North Dobson Road | | | 100.0% | 11/20/2024 | No | Progress Residential | 57,199 | 56.9% |
10.04 | Property | | 1 | 7580 North Dobson Road | | | 59.8% | 11/20/2024 | No | CICE LLC dba Mutual of Omaha | 12,997 | 20.2% |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | 68.6% | 68.6% | 100.0% | 11/1/2024 | NAP | NAP | NAP | NAP |
12.00 | Loan | 27 | 1 | Falls of Westpark | 63.7% | 63.7% | 95.5% | 10/31/2024 | NAP | NAP | NAP | NAP |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | 49.5% | 49.5% | 95.4% | 10/7/2024 | No | Primark | 54,832 | 13.3% |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | 68.4% | 65.9% | 96.7% | 12/11/2024 | | | | |
14.01 | Property | | 1 | 80 Clinton Place | | | 92.3% | 12/11/2024 | NAP | NAP | NAP | NAP |
14.02 | Property | | 1 | 1433 Teller Avenue | | | 100.0% | 12/11/2024 | NAP | NAP | NAP | NAP |
14.03 | Property | | 1 | 1441 Teller Avenue | | | 100.0% | 12/11/2024 | NAP | NAP | NAP | NAP |
15.00 | Loan | 34 | 1 | The Vesper Apartments | 67.3% | 67.3% | 96.4% | 10/9/2024 | NAP | NAP | NAP | NAP |
16.00 | Loan | | 1 | Plaza at Eastlake | 58.6% | 58.6% | 91.9% | 11/30/2024 | No | San Diego Regional Center | 12,262 | 9.3% |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | 50.3% | 50.3% | 98.2% | 9/17/2024 | No | FieldhouseUSA | 154,336 | 16.9% |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | 61.3% | 61.3% | 47.8% | 10/31/2024 | NAP | NAP | NAP | NAP |
19.00 | Loan | 39,40 | 1 | Circle Business Center | 58.7% | 56.0% | 78.3% | 10/8/2024 | No | Demler, Armstrong & Rowland | 13,683 | 8.7% |
20.00 | Loan | 41,42 | 1 | Brookhill Village | 63.7% | 63.7% | 77.1% | 10/16/2024 | No | Murdoch's Ranch & Home Supply | 49,227 | 32.2% |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | 69.6% | 69.6% | 100.0% | 11/1/2024 | Yes | CVS Pharmacy - Ridgewood | 13,482 | 100.0% |
22.00 | Loan | | 1 | Larchmont Village Retail | 53.4% | 53.4% | 100.0% | 10/30/2024 | No | Andrea Zuckerman, Ralph Bruneau (DBA Larchmont Associates) | 3,000 | 29.7% |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | 43.5% | 42.8% | 70.3% | 11/1/2024 | | | | |
23.01 | Property | | 1 | Meadowlark MHP | | | 66.4% | 11/1/2024 | NAP | NAP | NAP | NAP |
23.02 | Property | | 1 | Shady Estates MHP | | | 60.2% | 11/1/2024 | NAP | NAP | NAP | NAP |
23.03 | Property | | 1 | Highland Village MHP | | | 77.0% | 11/1/2024 | NAP | NAP | NAP | NAP |
23.04 | Property | | 1 | Sunset Harbor MHP | | | 73.1% | 11/1/2024 | NAP | NAP | NAP | NAP |
23.05 | Property | | 1 | Lakeside MHP | | | 96.6% | 11/1/2024 | NAP | NAP | NAP | NAP |
24.00 | Loan | | 1 | Burlington Plaza | 40.8% | 40.8% | 98.0% | 11/26/2024 | No | Burlington Coat Factory | 67,259 | 64.6% |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | 65.6% | 64.3% | 100.0% | 12/12/2024 | No | Healthy Basement Systems, LLC | 22,259 | 52.1% |
26.00 | Loan | | 1 | Uniroom | 71.7% | 71.7% | 89.5% | 11/25/2024 | NAP | NAP | NAP | NAP |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | 68.2% | 68.2% | 100.0% | 10/20/2024 | | | | |
27.01 | Property | | 1 | 1392 Nelson Avenue | | | 100.0% | 10/20/2024 | NAP | NAP | NAP | NAP |
27.02 | Property | | 1 | 3605 Holland Avenue | | | 100.0% | 10/20/2024 | NAP | NAP | NAP | NAP |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | 67.1% | 67.1% | 95.0% | 11/14/2024 | | | | |
28.01 | Property | | 1 | 2811 Heath Avenue | | | 100.0% | 11/14/2024 | NAP | NAP | NAP | NAP |
28.02 | Property | | 1 | 83 West 174th Street | | | 90.0% | 11/14/2024 | NAP | NAP | NAP | NAP |
29.00 | Loan | | 1 | 2200 Route 10 | 54.7% | 52.1% | 91.3% | 7/22/2024 | No | Ukranian National | 11,573 | 18.3% |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | 62.0% | 59.0% | 93.3% | 10/28/2024 | NAP | NAP | NAP | NAP |
WFCM 2025-5C3
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 Lease Expiration Date(4) | Second Largest Tenant | Second Largest Tenant SF | Second Largest Tenant % of NRA | Second Largest Tenant Lease Expiration Date | Third Largest Tenant |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | | | | | | |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | 12/31/2029 | NAP | NAP | NAP | NAP | NAP |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | 12/31/2036 | NAP | NAP | NAP | NAP | NAP |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | 12/31/2036 | NAP | NAP | NAP | NAP | NAP |
1.04 | Property | | 1 | 1640 South Loop Road | 11/30/2033 | Apertor Pharmaceuticals, Inc. | 13,590 | 26.2% | 5/31/2031 | IQ Biosciences |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | 9/30/2037 | SEIU United Service Workers West | 16,829 | 24.9% | 5/31/2028 | NAP |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | 7/31/2029 | Demetrix, Inc | 9,696 | 15.5% | 2/28/2025 | Ensigna Biosystems, Inc. |
1.07 | Property | | 1 | 1350 South Loop Road | 9/30/2033 | NAP | NAP | NAP | NAP | NAP |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | 12/31/2036 | NAP | NAP | NAP | NAP | NAP |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | 1/14/2032 | J Peach, LLC DBA Café Jolie | 1 | 0.0% | 7/31/2028 | NAP |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | 12/31/2036 | NAP | NAP | NAP | NAP | NAP |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | NAP | NAP | NAP | NAP | NAP | NAP |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | | | | | | |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | 7/31/2029 | 3 Arts Entertainment, L.L.C. | 27,112 | 27.8% | 2/28/2026 | O'Gara Coach Company, L.L.C. |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | 4/30/2028 | City of Los Angeles Building & Safety | 10,614 | 5.4% | 11/30/2027 | Cedars Sinai Medical Center |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | 12/31/2026 | California Lasik and Cataract Institute, Inc. | 2,602 | 4.6% | 5/31/2026 | Mohsen Hamza, M.D. |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | | | | | | |
4.01 | Property | | 1 | Jefferson Park MHC | NAP | NAP | NAP | NAP | NAP | NAP |
4.02 | Property | | 1 | Holiday Village MHC | NAP | NAP | NAP | NAP | NAP | NAP |
4.03 | Property | | 1 | Cedrona Community | NAP | NAP | NAP | NAP | NAP | NAP |
4.04 | Property | | 1 | Sunrise Terrace Community | NAP | NAP | NAP | NAP | NAP | NAP |
4.05 | Property | | 1 | Moxie Community | NAP | NAP | NAP | NAP | NAP | NAP |
4.06 | Property | | 1 | Chinook Mobile Community | NAP | NAP | NAP | NAP | NAP | NAP |
4.07 | Property | | 1 | Laurel Lane MHC | NAP | NAP | NAP | NAP | NAP | NAP |
4.08 | Property | | 1 | Northwest Community | NAP | NAP | NAP | NAP | NAP | NAP |
4.09 | Property | | 1 | Squilchuck Creek Community | NAP | NAP | NAP | NAP | NAP | NAP |
4.10 | Property | | 1 | Sun City Center and Community | NAP | NAP | NAP | NAP | NAP | NAP |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | NAP | NAP | NAP | NAP | NAP | NAP |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | | | | | | |
6.01 | Property | | 1 | Brookfield Park | NAP | NAP | NAP | NAP | NAP | NAP |
6.02 | Property | | 1 | Retreat at Baywood | NAP | NAP | NAP | NAP | NAP | NAP |
6.03 | Property | | 1 | Ashford Brook | NAP | NAP | NAP | NAP | NAP | NAP |
7.00 | Loan | 21,22 | 1 | Welleon | NAP | NAP | NAP | NAP | NAP | NAP |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | NAP | NAP | NAP | NAP | NAP | NAP |
9.00 | Loan | | 1 | 240 West 40th Street-NY | 2/28/2033 | Klick Usa, Inc | 27,308 | 14.7% | 9/30/2029 | Mission Capital LLC |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | | | | | | |
10.01 | Property | | 1 | 7720 North Dobson Road | 5/31/2033 | NAP | NAP | NAP | NAP | NAP |
10.02 | Property | | 1 | 7350 North Dobson Road | 7/31/2033 | Allstate Insurance Company | 45,190 | 32.2% | 6/30/2027 | Real Zona Partners (AZ School of RE) |
10.03 | Property | | 1 | 7500 North Dobson Road | 12/31/2029 | The Little Gym International | 8,500 | 8.5% | 6/30/2027 | Water Works Engineers |
10.04 | Property | | 1 | 7580 North Dobson Road | 4/30/2032 | Headfarmer | 8,274 | 12.9% | 12/31/2031 | Fresh Freight |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | NAP | NAP | NAP | NAP | NAP | NAP |
12.00 | Loan | 27 | 1 | Falls of Westpark | NAP | NAP | NAP | NAP | NAP | NAP |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | 1/31/2035 | ZARA | 36,463 | 8.8% | 11/30/2033 | H&M |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | | | | | | |
14.01 | Property | | 1 | 80 Clinton Place | NAP | NAP | NAP | NAP | NAP | NAP |
14.02 | Property | | 1 | 1433 Teller Avenue | NAP | NAP | NAP | NAP | NAP | NAP |
14.03 | Property | | 1 | 1441 Teller Avenue | NAP | NAP | NAP | NAP | NAP | NAP |
15.00 | Loan | 34 | 1 | The Vesper Apartments | NAP | NAP | NAP | NAP | NAP | NAP |
16.00 | Loan | | 1 | Plaza at Eastlake | 9/24/2030 | Coldwell Banker / West Edge, Inc. | 11,746 | 8.9% | 4/30/2030 | USA GSA |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | 12/31/2035 | Burlington Coat Factory | 86,316 | 9.5% | 1/31/2026 | Best Buy |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | NAP | NAP | NAP | NAP | NAP | NAP |
19.00 | Loan | 39,40 | 1 | Circle Business Center | 6/30/2027 | County of Los Angeles, Dept. of Mental Health | 13,347 | 8.5% | 3/9/2028 (10,344 SF), 9/6/2028 (3,003 SF) | Torres Martinez Desert Cahuilla Indians |
20.00 | Loan | 41,42 | 1 | Brookhill Village | 12/31/2027 | Epic Mountain Gear | 20,392 | 13.3% | 4/30/2028 | Hoffbrau |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | 1/31/2038 | NAP | NAP | NAP | NAP | NAP |
22.00 | Loan | | 1 | Larchmont Village Retail | 4/30/2027 | I Like You Holdings, Inc. | 1,350 | 13.4% | 4/30/2026 | Clark Street Bread, LLC (DBA Clark Street) |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | | | | | | |
23.01 | Property | | 1 | Meadowlark MHP | NAP | NAP | NAP | NAP | NAP | NAP |
23.02 | Property | | 1 | Shady Estates MHP | NAP | NAP | NAP | NAP | NAP | NAP |
23.03 | Property | | 1 | Highland Village MHP | NAP | NAP | NAP | NAP | NAP | NAP |
23.04 | Property | | 1 | Sunset Harbor MHP | NAP | NAP | NAP | NAP | NAP | NAP |
23.05 | Property | | 1 | Lakeside MHP | NAP | NAP | NAP | NAP | NAP | NAP |
24.00 | Loan | | 1 | Burlington Plaza | 11/30/2026 | BioLife Plasma Services | 17,800 | 17.1% | 8/31/2032 | Roger Dunn Golf Shops |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | 3/31/2035 | Carrier Enterprise Northeast, LLC | 20,500 | 47.9% | 6/30/2029 | NAP |
26.00 | Loan | | 1 | Uniroom | NAP | NAP | NAP | NAP | NAP | NAP |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | | | | | | |
27.01 | Property | | 1 | 1392 Nelson Avenue | NAP | NAP | NAP | NAP | NAP | NAP |
27.02 | Property | | 1 | 3605 Holland Avenue | NAP | NAP | NAP | NAP | NAP | NAP |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | | | | | | |
28.01 | Property | | 1 | 2811 Heath Avenue | NAP | NAP | NAP | NAP | NAP | NAP |
28.02 | Property | | 1 | 83 West 174th Street | NAP | NAP | NAP | NAP | NAP | NAP |
29.00 | Loan | | 1 | 2200 Route 10 | 2/28/2026 | Fresenius Dialysis Associates | 10,260 | 16.2% | 12/31/2031 | GSA - Social Security |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | NAP | NAP | NAP | NAP | NAP | NAP |
WFCM 2025-5C3
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 SF | Third Largest Tenant % of NRA | Third Largest Tenant Lease Expiration Date | Fourth Largest Tenant | Fourth Largest Tenant SF | Fourth Largest Tenant % of NRA |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | | | | | | |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP |
1.04 | Property | | 1 | 1640 South Loop Road | 12,325 | 23.8% | 10/31/2031 | NAP | NAP | NAP |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | 9,466 | 15.1% | 2/29/2032 | La Clinica de La Raza, Inc. | 8,571 | 13.7% |
1.07 | Property | | 1 | 1350 South Loop Road | NAP | NAP | NAP | NAP | NAP | NAP |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | NAP | NAP | NAP | NAP | NAP | NAP |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | | | | | | |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | 18,157 | 18.6% | 5/31/2043 | GordonMD Global Investments L.P. | 3,295 | 3.4% |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | 8,908 | 4.5% | 2/29/2028 | California Psychiatric Evaluators, Inc. | 8,010 | 4.1% |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | 2,570 | 4.5% | 1/31/2027 | The Regents of the University of California | 2,324 | 4.1% |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | | | | | | |
4.01 | Property | | 1 | Jefferson Park MHC | NAP | NAP | NAP | NAP | NAP | NAP |
4.02 | Property | | 1 | Holiday Village MHC | NAP | NAP | NAP | NAP | NAP | NAP |
4.03 | Property | | 1 | Cedrona Community | NAP | NAP | NAP | NAP | NAP | NAP |
4.04 | Property | | 1 | Sunrise Terrace Community | NAP | NAP | NAP | NAP | NAP | NAP |
4.05 | Property | | 1 | Moxie Community | NAP | NAP | NAP | NAP | NAP | NAP |
4.06 | Property | | 1 | Chinook Mobile Community | NAP | NAP | NAP | NAP | NAP | NAP |
4.07 | Property | | 1 | Laurel Lane MHC | NAP | NAP | NAP | NAP | NAP | NAP |
4.08 | Property | | 1 | Northwest Community | NAP | NAP | NAP | NAP | NAP | NAP |
4.09 | Property | | 1 | Squilchuck Creek Community | NAP | NAP | NAP | NAP | NAP | NAP |
4.10 | Property | | 1 | Sun City Center and Community | NAP | NAP | NAP | NAP | NAP | NAP |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | NAP | NAP | NAP | NAP | NAP | NAP |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | | | | | | |
6.01 | Property | | 1 | Brookfield Park | NAP | NAP | NAP | NAP | NAP | NAP |
6.02 | Property | | 1 | Retreat at Baywood | NAP | NAP | NAP | NAP | NAP | NAP |
6.03 | Property | | 1 | Ashford Brook | NAP | NAP | NAP | NAP | NAP | NAP |
7.00 | Loan | 21,22 | 1 | Welleon | NAP | NAP | NAP | NAP | NAP | NAP |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | NAP | NAP | NAP | NAP | NAP | NAP |
9.00 | Loan | | 1 | 240 West 40th Street-NY | 18,386 | 9.9% | 4/30/2028 (14,818 SF), 10/31/2029 (3,568 SF) | Docturs Inc | 15,437 | 8.3% |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | | | | | | |
10.01 | Property | | 1 | 7720 North Dobson Road | NAP | NAP | NAP | NAP | NAP | NAP |
10.02 | Property | | 1 | 7350 North Dobson Road | 14,889 | 10.6% | 7/31/2028 | Americor Funding | 9,957 | 7.1% |
10.03 | Property | | 1 | 7500 North Dobson Road | 8,257 | 8.2% | 9/30/2026 | Fortitude Family Office | 7,224 | 7.2% |
10.04 | Property | | 1 | 7580 North Dobson Road | 7,608 | 11.8% | 7/31/2026 | Payroll Experts | 4,991 | 7.8% |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | NAP | NAP | NAP | NAP | NAP | NAP |
12.00 | Loan | 27 | 1 | Falls of Westpark | NAP | NAP | NAP | NAP | NAP | NAP |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | 19,694 | 4.8% | 1/31/2035 | Runway NY | 16,053 | 3.9% |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | | | | | | |
14.01 | Property | | 1 | 80 Clinton Place | NAP | NAP | NAP | NAP | NAP | NAP |
14.02 | Property | | 1 | 1433 Teller Avenue | NAP | NAP | NAP | NAP | NAP | NAP |
14.03 | Property | | 1 | 1441 Teller Avenue | NAP | NAP | NAP | NAP | NAP | NAP |
15.00 | Loan | 34 | 1 | The Vesper Apartments | NAP | NAP | NAP | NAP | NAP | NAP |
16.00 | Loan | | 1 | Plaza at Eastlake | 11,410 | 8.6% | 1/30/2028 | San Diego Credit Union | 11,125 | 8.4% |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | 50,020 | 5.5% | 3/31/2024 | Dave & Buster's | 45,218 | 5.0% |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | NAP | NAP | NAP | NAP | NAP | NAP |
19.00 | Loan | 39,40 | 1 | Circle Business Center | 13,291 | 8.5% | 6/25/2027 | Star View Behavioral Health Inc | 10,261 | 6.5% |
20.00 | Loan | 41,42 | 1 | Brookhill Village | 15,000 | 9.8% | 12/31/2029 | Winter Wine Spirits | 12,500 | 8.2% |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | NAP | NAP | NAP | NAP | NAP | NAP |
22.00 | Loan | | 1 | Larchmont Village Retail | 1,100 | 10.9% | 11/30/2026 | Bacio Di Latte, LLC (DBA Bacio Di Latte) | 1,050 | 10.4% |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | | | | | | |
23.01 | Property | | 1 | Meadowlark MHP | NAP | NAP | NAP | NAP | NAP | NAP |
23.02 | Property | | 1 | Shady Estates MHP | NAP | NAP | NAP | NAP | NAP | NAP |
23.03 | Property | | 1 | Highland Village MHP | NAP | NAP | NAP | NAP | NAP | NAP |
23.04 | Property | | 1 | Sunset Harbor MHP | NAP | NAP | NAP | NAP | NAP | NAP |
23.05 | Property | | 1 | Lakeside MHP | NAP | NAP | NAP | NAP | NAP | NAP |
24.00 | Loan | | 1 | Burlington Plaza | 9,531 | 9.2% | 2/29/2036 | Dr. Gary Hamm | 2,960 | 2.8% |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | NAP | NAP | NAP | NAP | NAP | NAP |
26.00 | Loan | | 1 | Uniroom | NAP | NAP | NAP | NAP | NAP | NAP |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | | | | | | |
27.01 | Property | | 1 | 1392 Nelson Avenue | NAP | NAP | NAP | NAP | NAP | NAP |
27.02 | Property | | 1 | 3605 Holland Avenue | NAP | NAP | NAP | NAP | NAP | NAP |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | | | | | | |
28.01 | Property | | 1 | 2811 Heath Avenue | NAP | NAP | NAP | NAP | NAP | NAP |
28.02 | Property | | 1 | 83 West 174th Street | NAP | NAP | NAP | NAP | NAP | NAP |
29.00 | Loan | | 1 | 2200 Route 10 | 9,786 | 15.5% | 8/19/2027 | Morris Spectrum Center | 5,190 | 8.2% |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | NAP | NAP | NAP | NAP | NAP | NAP |
WFCM 2025-5C3
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 | Fourth Largest Tenant Lease Expiration Date | Fifth Largest Tenant | Fifth Largest Tenant SF | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Lease Expiration Date |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | | | | | |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP |
1.04 | Property | | 1 | 1640 South Loop Road | NAP | NAP | NAP | NAP | NAP |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | 9/30/2025 | Novvi, LLC | 7,193 | 11.5% | 2/28/2027 |
1.07 | Property | | 1 | 1350 South Loop Road | NAP | NAP | NAP | NAP | NAP |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | NAP | NAP | NAP | NAP | NAP |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | | | | | |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | 5/31/2027 | Kiyan Mehdizadeh DMD Dental Corporation | 3,006 | 3.1% | 1/31/2034 |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | 12/31/2025 | Stoll, Nussbaum & Polakov | 7,901 | 4.0% | 4/30/2026 |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | 3/31/2026 | Evolution Physical Therapy, Inc. | 2,279 | 4.0% | 8/31/2030 |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | | | | | |
4.01 | Property | | 1 | Jefferson Park MHC | NAP | NAP | NAP | NAP | NAP |
4.02 | Property | | 1 | Holiday Village MHC | NAP | NAP | NAP | NAP | NAP |
4.03 | Property | | 1 | Cedrona Community | NAP | NAP | NAP | NAP | NAP |
4.04 | Property | | 1 | Sunrise Terrace Community | NAP | NAP | NAP | NAP | NAP |
4.05 | Property | | 1 | Moxie Community | NAP | NAP | NAP | NAP | NAP |
4.06 | Property | | 1 | Chinook Mobile Community | NAP | NAP | NAP | NAP | NAP |
4.07 | Property | | 1 | Laurel Lane MHC | NAP | NAP | NAP | NAP | NAP |
4.08 | Property | | 1 | Northwest Community | NAP | NAP | NAP | NAP | NAP |
4.09 | Property | | 1 | Squilchuck Creek Community | NAP | NAP | NAP | NAP | NAP |
4.10 | Property | | 1 | Sun City Center and Community | NAP | NAP | NAP | NAP | NAP |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | NAP | NAP | NAP | NAP | NAP |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | | | | | |
6.01 | Property | | 1 | Brookfield Park | NAP | NAP | NAP | NAP | NAP |
6.02 | Property | | 1 | Retreat at Baywood | NAP | NAP | NAP | NAP | NAP |
6.03 | Property | | 1 | Ashford Brook | NAP | NAP | NAP | NAP | NAP |
7.00 | Loan | 21,22 | 1 | Welleon | NAP | NAP | NAP | NAP | NAP |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | NAP | NAP | NAP | NAP | NAP |
9.00 | Loan | | 1 | 240 West 40th Street-NY | 4/30/2032 | Billion Tower International | 15,437 | 8.3% | 5/31/2028 |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | | | | | |
10.01 | Property | | 1 | 7720 North Dobson Road | NAP | NAP | NAP | NAP | NAP |
10.02 | Property | | 1 | 7350 North Dobson Road | 1/31/2029 | NAP | NAP | NAP | NAP |
10.03 | Property | | 1 | 7500 North Dobson Road | 6/30/2031 | Schneider Electric | 6,665 | 6.6% | 10/31/2027 |
10.04 | Property | | 1 | 7580 North Dobson Road | 9/30/2025 | Leapros | 4,523 | 7.0% | 5/31/2030 |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | NAP | NAP | NAP | NAP | NAP |
12.00 | Loan | 27 | 1 | Falls of Westpark | NAP | NAP | NAP | NAP | NAP |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | 1,993 SF expiring 3/31/2025; 14,060 SF expiring 8/31/2025 | American Eagle Outfitters | 10,268 | 2.5% | 9/30/2032 |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | | | | | |
14.01 | Property | | 1 | 80 Clinton Place | NAP | NAP | NAP | NAP | NAP |
14.02 | Property | | 1 | 1433 Teller Avenue | NAP | NAP | NAP | NAP | NAP |
14.03 | Property | | 1 | 1441 Teller Avenue | NAP | NAP | NAP | NAP | NAP |
15.00 | Loan | 34 | 1 | The Vesper Apartments | NAP | NAP | NAP | NAP | NAP |
16.00 | Loan | | 1 | Plaza at Eastlake | 9/30/2030 | Laurus College | 7,859 | 5.9% | 4/30/2030 |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | 12/31/2032 | Nordstrom Rack | 45,025 | 4.9% | 8/31/2025 |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | NAP | NAP | NAP | NAP | NAP |
19.00 | Loan | 39,40 | 1 | Circle Business Center | 7/31/2027 | College Internship Program | 8,725 | 5.6% | 10/14/2027 |
20.00 | Loan | 41,42 | 1 | Brookhill Village | 7/31/2034 | Hobby Town USA | 12,500 | 8.2% | 7/31/2033 |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | NAP | NAP | NAP | NAP | NAP |
22.00 | Loan | | 1 | Larchmont Village Retail | 2/28/2027 | Min Sun Kim and Seung Hwa Kim (DBA Larchmont Mail Shop) | 1,000 | 9.9% | 9/30/2025 |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | | | | | |
23.01 | Property | | 1 | Meadowlark MHP | NAP | NAP | NAP | NAP | NAP |
23.02 | Property | | 1 | Shady Estates MHP | NAP | NAP | NAP | NAP | NAP |
23.03 | Property | | 1 | Highland Village MHP | NAP | NAP | NAP | NAP | NAP |
23.04 | Property | | 1 | Sunset Harbor MHP | NAP | NAP | NAP | NAP | NAP |
23.05 | Property | | 1 | Lakeside MHP | NAP | NAP | NAP | NAP | NAP |
24.00 | Loan | | 1 | Burlington Plaza | 6/30/2032 | Drive America | 2,071 | 2.0% | 5/31/2026 |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | NAP | NAP | NAP | NAP | NAP |
26.00 | Loan | | 1 | Uniroom | NAP | NAP | NAP | NAP | NAP |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | | | | | |
27.01 | Property | | 1 | 1392 Nelson Avenue | NAP | NAP | NAP | NAP | NAP |
27.02 | Property | | 1 | 3605 Holland Avenue | NAP | NAP | NAP | NAP | NAP |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | | | | | |
28.01 | Property | | 1 | 2811 Heath Avenue | NAP | NAP | NAP | NAP | NAP |
28.02 | Property | | 1 | 83 West 174th Street | NAP | NAP | NAP | NAP | NAP |
29.00 | Loan | | 1 | 2200 Route 10 | 10/31/2031 | Omni Eye Specialists P.A. | 4,674 | 7.4% | 10/31/2025 |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | NAP | NAP | NAP | NAP | NAP |
WFCM 2025-5C3
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 | 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 | Ground Lease Extension Terms |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | | | | | | | | | |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 17% | No | Fee | NAP | NAP |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 17% | No | Fee | NAP | NAP |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 18% | No | Fee | NAP | NAP |
1.04 | Property | | 1 | 1640 South Loop Road | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 16% | No | Fee | NAP | NAP |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 13% | No | Fee | NAP | NAP |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 13% | No | Fee | NAP | NAP |
1.07 | Property | | 1 | 1350 South Loop Road | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 14% | No | Fee | NAP | NAP |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 16% | No | Fee | NAP | NAP |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 17% | No | Fee | NAP | NAP |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | 10/16/2024 | NAP | 10/16/2024 | 10/16/2024 | 18% | No | Fee | NAP | NAP |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | 10/9/2024 | NAP | 10/8/2024 | NAP | NAP | No | Fee | NAP | NAP |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | | | | | | | | | |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | 11/5/2024 | NAP | 11/4/2024 | 11/5/2024 | 22% | No | Fee | NAP | NAP |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | 10/25/2024 | NAP | 10/25/2024 | 11/20/2024 | 20% | No | Fee | NAP | NAP |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | 10/25/2024 | NAP | 10/25/2024 | 10/25/2024 | 10% | No | Fee | NAP | NAP |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | | | | | | | | | |
4.01 | Property | | 1 | Jefferson Park MHC | 10/28/2024 | NAP | 10/28/2024 | NAP | NAP | No | Fee | NAP | NAP |
4.02 | Property | | 1 | Holiday Village MHC | 10/28/2024 | NAP | 10/28/2024 | NAP | NAP | Yes - AE | Fee | NAP | NAP |
4.03 | Property | | 1 | Cedrona Community | 10/29/2024 | NAP | 10/28/2024 | NAP | NAP | No | Fee | NAP | NAP |
4.04 | Property | | 1 | Sunrise Terrace Community | 10/28/2024 | NAP | 10/28/2024 | 10/28/2024 | 5% | No | Fee | NAP | NAP |
4.05 | Property | | 1 | Moxie Community | 10/30/2024 | NAP | 10/30/2024 | NAP | NAP | No | Fee | NAP | NAP |
4.06 | Property | | 1 | Chinook Mobile Community | 10/29/2024 | NAP | 10/28/2024 | NAP | NAP | No | Fee | NAP | NAP |
4.07 | Property | | 1 | Laurel Lane MHC | 10/28/2024 | NAP | 10/28/2024 | 10/28/2024 | 19% | No | Fee | NAP | NAP |
4.08 | Property | | 1 | Northwest Community | 10/28/2024 | NAP | 10/30/2024 | 10/28/2024 | 13% | No | Fee | NAP | NAP |
4.09 | Property | | 1 | Squilchuck Creek Community | 10/28/2024 | NAP | 10/30/2024 | NAP | NAP | Yes - AE | Fee | NAP | NAP |
4.10 | Property | | 1 | Sun City Center and Community | 10/28/2024 | NAP | 10/28/2024 | NAP | NAP | No | Fee | NAP | NAP |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | 11/11/2024 | NAP | 11/8/2024 | NAP | NAP | Yes - AE | Fee | NAP | NAP |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | | | | | | | | | |
6.01 | Property | | 1 | Brookfield Park | 7/31/2024 | NAP | 7/31/2024 | NAP | NAP | No | Fee | NAP | NAP |
6.02 | Property | | 1 | Retreat at Baywood | 7/31/2024 | NAP | 7/31/2024 | NAP | NAP | Yes - AE | Fee | NAP | NAP |
6.03 | Property | | 1 | Ashford Brook | 7/31/2024 | NAP | 7/31/2024 | NAP | NAP | No | Fee | NAP | NAP |
7.00 | Loan | 21,22 | 1 | Welleon | 10/14/2024 | NAP | 10/14/2024 | NAP | NAP | No | Fee | NAP | NAP |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | 10/3/2024 | NAP | 10/3/2024 | NAP | NAP | No | Fee | NAP | NAP |
9.00 | Loan | | 1 | 240 West 40th Street-NY | 7/30/2024 | NAP | 7/30/2024 | NAP | NAP | No | Fee | NAP | NAP |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | | | | | | | | | |
10.01 | Property | | 1 | 7720 North Dobson Road | 5/30/2024 | NAP | 5/31/2024 | NAP | NAP | No | Leasehold | 5/29/2088 | None |
10.02 | Property | | 1 | 7350 North Dobson Road | 5/30/2024 | NAP | 5/31/2024 | NAP | NAP | No | Leasehold | 5/29/2088 | None |
10.03 | Property | | 1 | 7500 North Dobson Road | 5/30/2024 | NAP | 5/31/2024 | NAP | NAP | No | Leasehold | 5/29/2088 | None |
10.04 | Property | | 1 | 7580 North Dobson Road | 5/30/2024 | NAP | 5/31/2024 | NAP | NAP | No | Leasehold | 5/29/2088 | None |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | 10/11/2024 | NAP | 10/10/2024 | 8/23/2024 | 12% | No | Fee | NAP | NAP |
12.00 | Loan | 27 | 1 | Falls of Westpark | 10/25/2024 | NAP | 10/25/2024 | NAP | NAP | No | Fee | NAP | NAP |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | 10/18/2024 | NAP | 10/22/2024 | NAP | NAP | No | Fee/Leasehold | 5/31/2048 | None |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | | | | | | | | | |
14.01 | Property | | 1 | 80 Clinton Place | 12/2/2024 | NAP | 12/2/2024 | NAP | NAP | No | Fee | NAP | NAP |
14.02 | Property | | 1 | 1433 Teller Avenue | 10/7/2024 | NAP | 10/7/2024 | NAP | NAP | No | Fee | NAP | NAP |
14.03 | Property | | 1 | 1441 Teller Avenue | 10/7/2024 | NAP | 10/7/2024 | NAP | NAP | No | Fee | NAP | NAP |
15.00 | Loan | 34 | 1 | The Vesper Apartments | 9/6/2024 | NAP | 9/6/2024 | NAP | NAP | No | Fee | NAP | NAP |
16.00 | Loan | | 1 | Plaza at Eastlake | 10/28/2024 | NAP | 10/28/2024 | 10/28/2024 | 7% | No | Fee | NAP | NAP |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | 7/9/2024 | NAP | 7/9/2024 | 9/20/2024 | 15% | No | Fee | NAP | NAP |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | 11/26/2024 | NAP | 11/26/2024 | NAP | NAP | No | Fee | NAP | NAP |
19.00 | Loan | 39,40 | 1 | Circle Business Center | 9/11/2024 | NAP | 9/11/2024 | 9/11/2024 | 8% | No | Fee | NAP | NAP |
20.00 | Loan | 41,42 | 1 | Brookhill Village | 12/19/2024 | NAP | 12/20/2024 | NAP | NAP | No | Fee | NAP | NAP |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | 7/22/2024 | NAP | 7/17/2024 | NAP | NAP | No | Fee | NAP | NAP |
22.00 | Loan | | 1 | Larchmont Village Retail | 8/19/2024 | 9/29/2024 | 10/31/2024 | 10/24/2024 | 17% | No | Fee | NAP | NAP |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | | | | | | | | | |
23.01 | Property | | 1 | Meadowlark MHP | 10/2/2024 | NAP | 10/2/2024 | NAP | NAP | Yes - AE | Fee | NAP | NAP |
23.02 | Property | | 1 | Shady Estates MHP | 10/2/2024 | NAP | 10/2/2024 | NAP | NAP | No | Fee | NAP | NAP |
23.03 | Property | | 1 | Highland Village MHP | 10/2/2024 | NAP | 10/2/2024 | NAP | NAP | No | Fee | NAP | NAP |
23.04 | Property | | 1 | Sunset Harbor MHP | 10/2/2024 | NAP | 10/2/2024 | NAP | NAP | Yes - AE | Fee | NAP | NAP |
23.05 | Property | | 1 | Lakeside MHP | 10/2/2024 | NAP | 10/2/2024 | NAP | NAP | No | Fee | NAP | NAP |
24.00 | Loan | | 1 | Burlington Plaza | 12/2/2024 | NAP | 12/2/2024 | 11/27/2024 | 8% | No | Fee | NAP | NAP |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | 10/18/2024 | NAP | 10/18/2024 | NAP | NAP | No | Fee | NAP | NAP |
26.00 | Loan | | 1 | Uniroom | 9/9/2024 | NAP | 9/9/2024 | 9/9/2024 | 10% | No | Fee | NAP | NAP |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | 1/0/1900 | 1/0/1900 | 1/0/1900 | 1/0/1900 | | 0% | 0 | | |
27.01 | Property | | 1 | 1392 Nelson Avenue | 11/11/2024 | NAP | 11/11/2024 | NAP | NAP | No | Fee | NAP | NAP |
27.02 | Property | | 1 | 3605 Holland Avenue | 11/11/2024 | NAP | 11/11/2024 | NAP | NAP | No | Fee | NAP | NAP |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | 1/0/1900 | 1/0/1900 | 1/0/1900 | 1/0/1900 | | 0% | 0 | | |
28.01 | Property | | 1 | 2811 Heath Avenue | 10/30/2024 | NAP | 10/29/2024 | NAP | NAP | No | Fee | NAP | NAP |
28.02 | Property | | 1 | 83 West 174th Street | 10/30/2024 | NAP | 10/29/2024 | NAP | NAP | No | Fee | NAP | NAP |
29.00 | Loan | | 1 | 2200 Route 10 | 11/6/2024 | NAP | 7/18/2024 | NAP | NAP | No | Fee | NAP | NAP |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | 7/2/2024 | NAP | 7/1/2024 | NAP | NAP | No | Fee | NAP | NAP |
WFCM 2025-5C3
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 | 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 ($) | Upfront Replacement / PIP Reserve ($) |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | | | 1,000,744 | 250,186 | 0 | Springing | 0 |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | NAP | NAP | | | | | |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | NAP | NAP | | | | | |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | NAP | NAP | | | | | |
1.04 | Property | | 1 | 1640 South Loop Road | NAP | NAP | | | | | |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | NAP | NAP | | | | | |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | NAP | NAP | | | | | |
1.07 | Property | | 1 | 1350 South Loop Road | NAP | NAP | | | | | |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | NAP | NAP | | | | | |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | NAP | NAP | | | | | |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | NAP | NAP | | | | | |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | NAP | NAP | 21,067 | 21,067 | 105,873 | Springing | 60,521 |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | | | 1,126,644 | 281,661 | 0 | Springing | 0 |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | NAP | NAP | | | | | |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | NAP | NAP | | | | | |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | NAP | NAP | | | | | |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | | | 70,276 | 23,425 | 8,050 | 8,050 | 0 |
4.01 | Property | | 1 | Jefferson Park MHC | NAP | NAP | | | | | |
4.02 | Property | | 1 | Holiday Village MHC | NAP | NAP | | | | | |
4.03 | Property | | 1 | Cedrona Community | NAP | NAP | | | | | |
4.04 | Property | | 1 | Sunrise Terrace Community | NAP | NAP | | | | | |
4.05 | Property | | 1 | Moxie Community | NAP | NAP | | | | | |
4.06 | Property | | 1 | Chinook Mobile Community | NAP | NAP | | | | | |
4.07 | Property | | 1 | Laurel Lane MHC | NAP | NAP | | | | | |
4.08 | Property | | 1 | Northwest Community | NAP | NAP | | | | | |
4.09 | Property | | 1 | Squilchuck Creek Community | NAP | NAP | | | | | |
4.10 | Property | | 1 | Sun City Center and Community | NAP | NAP | | | | | |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | NAP | NAP | 139,098 | 69,549 | 582,490 | 76,680 | 0 |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | | | 92,426 | 46,213 | 70,793 | 5,899 | 0 |
6.01 | Property | | 1 | Brookfield Park | NAP | NAP | | | | | |
6.02 | Property | | 1 | Retreat at Baywood | NAP | NAP | | | | | |
6.03 | Property | | 1 | Ashford Brook | NAP | NAP | | | | | |
7.00 | Loan | 21,22 | 1 | Welleon | NAP | NAP | 50,248 | 8,388 | 38,922 | 6,487 | 0 |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | NAP | NAP | 56,052 | 56,052 | 62,694 | 31,347 | 0 |
9.00 | Loan | | 1 | 240 West 40th Street-NY | NAP | NAP | 0 | 196,735 | 0 | Springing | 0 |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | | | 154,828 | 77,414 | 0 | Springing | 0 |
10.01 | Property | | 1 | 7720 North Dobson Road | The greater of $20,000 per acre per year and 8% of net operating income | Yes | | | | | |
10.02 | Property | | 1 | 7350 North Dobson Road | The greater of $20,000 per acre per year and 8% of net operating income | Yes | | | | | |
10.03 | Property | | 1 | 7500 North Dobson Road | The greater of $20,000 per acre per year and 8% of net operating income | Yes | | | | | |
10.04 | Property | | 1 | 7580 North Dobson Road | The greater of $20,000 per acre per year and 8% of net operating income | Yes | | | | | |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | NAP | NAP | 151,471 | 37,868 | 5,753 | 2,876 | 0 |
12.00 | Loan | 27 | 1 | Falls of Westpark | NAP | NAP | 0 | 39,857 | 55,022 | 27,511 | 0 |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | 595510.16 | Yes | 0 | Springing | 0 | Springing | 0 |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | | | 47,049 | 23,524 | 16,715 | 5,572 | 0 |
14.01 | Property | | 1 | 80 Clinton Place | NAP | NAP | | | | | |
14.02 | Property | | 1 | 1433 Teller Avenue | NAP | NAP | | | | | |
14.03 | Property | | 1 | 1441 Teller Avenue | NAP | NAP | | | | | |
15.00 | Loan | 34 | 1 | The Vesper Apartments | NAP | NAP | 0 | 36,971 | 145,392 | 12,509 | 150,000 |
16.00 | Loan | | 1 | Plaza at Eastlake | NAP | NAP | 85,547 | 21,387 | 7,716 | Springing | 0 |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | NAP | NAP | 348,608 | 116,203 | 0 | Springing | 0 |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | NAP | NAP | 106,371 | 26,593 | 19,740 | 9,870 | 0 |
19.00 | Loan | 39,40 | 1 | Circle Business Center | NAP | NAP | 152,706 | 30,541 | 0 | Springing | 0 |
20.00 | Loan | 41,42 | 1 | Brookhill Village | NAP | NAP | 146,882 | 36,721 | 0 | Springing | 1,911 |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | NAP | NAP | 0 | Springing | 9,272 | 4,636 | 0 |
22.00 | Loan | | 1 | Larchmont Village Retail | NAP | NAP | 25,306 | 15,761 | 2,627 | 2,627 | 0 |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | | | 12,092 | 12,092 | 9,977 | 3,326 | 400,000 |
23.01 | Property | | 1 | Meadowlark MHP | NAP | NAP | | | | | |
23.02 | Property | | 1 | Shady Estates MHP | NAP | NAP | | | | | |
23.03 | Property | | 1 | Highland Village MHP | NAP | NAP | | | | | |
23.04 | Property | | 1 | Sunset Harbor MHP | NAP | NAP | | | | | |
23.05 | Property | | 1 | Lakeside MHP | NAP | NAP | | | | | |
24.00 | Loan | | 1 | Burlington Plaza | NAP | NAP | 58,587 | 11,718 | 9,306 | 4,653 | 0 |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | NAP | NAP | 28,235 | 9,412 | 19,247 | 2,916 | 0 |
26.00 | Loan | | 1 | Uniroom | NAP | NAP | 16,476 | 5,492 | 0 | 3,797 | 0 |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | | | 2,335 | 2,223 | 7,578 | 2,406 | 0 |
27.01 | Property | | 1 | 1392 Nelson Avenue | NAP | NAP | 0 | 0 | 0 | 0 | 0 |
27.02 | Property | | 1 | 3605 Holland Avenue | NAP | NAP | 0 | 0 | 0 | 0 | 0 |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | | | 2,282 | 2,174 | 16,152 | 2,564 | 0 |
28.01 | Property | | 1 | 2811 Heath Avenue | NAP | NAP | 0 | 0 | 0 | 0 | 0 |
28.02 | Property | | 1 | 83 West 174th Street | NAP | NAP | 0 | 0 | 0 | 0 | 0 |
29.00 | Loan | | 1 | 2200 Route 10 | NAP | NAP | 35,070 | 11,690 | 8,785 | 2,928 | 0 |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | NAP | NAP | 0 | 703 | 16,675 | 1,208 | 0 |
WFCM 2025-5C3
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 | Monthly Replacement / FF&E Reserve ($) | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) | TI/LC Caps ($) |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | 10,721 | 385,932 | 4,500,000 | 53,602 | $1,400,000.00 (After an Abbot Renewal Event) |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | |
1.04 | Property | | 1 | 1640 South Loop Road | | | | | |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | |
1.07 | Property | | 1 | 1350 South Loop Road | | | | | |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | 57,297 | 0 | 0 | 0 | 0 |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | 13,766 | 495,573 | 9,000,000 | 73,222 | 0 |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | | | | | |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | | | | | |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | | | | | |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | 4,008 | 0 | 0 | 0 | 0 |
4.01 | Property | | 1 | Jefferson Park MHC | | | | | |
4.02 | Property | | 1 | Holiday Village MHC | | | | | |
4.03 | Property | | 1 | Cedrona Community | | | | | |
4.04 | Property | | 1 | Sunrise Terrace Community | | | | | |
4.05 | Property | | 1 | Moxie Community | | | | | |
4.06 | Property | | 1 | Chinook Mobile Community | | | | | |
4.07 | Property | | 1 | Laurel Lane MHC | | | | | |
4.08 | Property | | 1 | Northwest Community | | | | | |
4.09 | Property | | 1 | Squilchuck Creek Community | | | | | |
4.10 | Property | | 1 | Sun City Center and Community | | | | | |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | 47,686 | 0 | 0 | 0 | 0 |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | 11,100 | 0 | 0 | 0 | 0 |
6.01 | Property | | 1 | Brookfield Park | | | | | |
6.02 | Property | | 1 | Retreat at Baywood | | | | | |
6.03 | Property | | 1 | Ashford Brook | | | | | |
7.00 | Loan | 21,22 | 1 | Welleon | 2,167 | 0 | 0 | 1,388 | 66,604 |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | 11,726 | 0 | 0 | 0 | 0 |
9.00 | Loan | | 1 | 240 West 40th Street-NY | 3,092 | 0 | 1,000,000 | 30,922 | 0 |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | 13,295 | 0 | 1,000,000 | 75,776 | 0 |
10.01 | Property | | 1 | 7720 North Dobson Road | | | | | |
10.02 | Property | | 1 | 7350 North Dobson Road | | | | | |
10.03 | Property | | 1 | 7500 North Dobson Road | | | | | |
10.04 | Property | | 1 | 7580 North Dobson Road | | | | | |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | 1,438 | 51,750 | 0 | 0 | 0 |
12.00 | Loan | 27 | 1 | Falls of Westpark | 7,333 | 0 | 0 | 0 | 0 |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | Springing | 206,017 | 0 | Springing | 641,476 |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | 1,271 | 0 | 0 | 0 | 0 |
14.01 | Property | | 1 | 80 Clinton Place | | | | | |
14.02 | Property | | 1 | 1433 Teller Avenue | | | | | |
14.03 | Property | | 1 | 1441 Teller Avenue | | | | | |
15.00 | Loan | 34 | 1 | The Vesper Apartments | 4,800 | 0 | 0 | 0 | 0 |
16.00 | Loan | | 1 | Plaza at Eastlake | 2,208 | 0 | 400,000 | Springing | 400,000 |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | 47,768 | 0 | 5,000,000 | 95,108 | 0 |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | 16,308 | 0 | 0 | 0 | 0 |
19.00 | Loan | 39,40 | 1 | Circle Business Center | 3,270 | 0 | 197,600 | 39,242 | 1,412,721 |
20.00 | Loan | 41,42 | 1 | Brookhill Village | 1,911 | 68,788 | 9,554 | 9,554 | $343,939.50 (or $229,293 upon a Murdoch Lease Renewal Event) |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | Springing | 0 | 0 | Springing | 0 |
22.00 | Loan | | 1 | Larchmont Village Retail | 214 | 0 | 200,000 | 842 | 0 |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | 1,404 | 0 | 0 | 0 | 0 |
23.01 | Property | | 1 | Meadowlark MHP | | | | | |
23.02 | Property | | 1 | Shady Estates MHP | | | | | |
23.03 | Property | | 1 | Highland Village MHP | | | | | |
23.04 | Property | | 1 | Sunset Harbor MHP | | | | | |
23.05 | Property | | 1 | Lakeside MHP | | | | | |
24.00 | Loan | | 1 | Burlington Plaza | 2,169 | 104,102 | 500,000 | 8,675 | 0 |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | 713 | 0 | 0 | 0 | 0 |
26.00 | Loan | | 1 | Uniroom | 408 | 14,688 | 0 | 78 | 0 |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | 333 | 0 | 0 | 0 | 0 |
27.01 | Property | | 1 | 1392 Nelson Avenue | 0 | 0 | 0 | 0 | 0 |
27.02 | Property | | 1 | 3605 Holland Avenue | 0 | 0 | 0 | 0 | 0 |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | 333 | 0 | 0 | 0 | 0 |
28.01 | Property | | 1 | 2811 Heath Avenue | 0 | 0 | 0 | 0 | 0 |
28.02 | Property | | 1 | 83 West 174th Street | 0 | 0 | 0 | 0 | 0 |
29.00 | Loan | | 1 | 2200 Route 10 | 1,631 | 0 | 650,000 | 5,262 | 0 |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | 200 | 0 | 0 | 0 | 0 |
WFCM 2025-5C3
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Upfront Debt Service Reserve ($) | Monthly Debt Service Reserve ($) | Debt Service Reserve Cap ($) | Upfront Deferred Maintenance Reserve ($) | Upfront Other Reserve ($) | Monthly Other Reserve ($) |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | 0 | 0 | 0 | 0 | 21,215,775 | Springing |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | |
1.04 | Property | | 1 | 1640 South Loop Road | | | | | | |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | |
1.07 | Property | | 1 | 1350 South Loop Road | | | | | | |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | 0 | 0 | 0 | 0 | 0 | 0 |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | 0 | 0 | 0 | 0 | 10,387,146 | 0 |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | | | | | | |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | | | | | | |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | | | | | | |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | 0 | 0 | 0 | 100,000 | 0 | 0 |
4.01 | Property | | 1 | Jefferson Park MHC | | | | | | |
4.02 | Property | | 1 | Holiday Village MHC | | | | | | |
4.03 | Property | | 1 | Cedrona Community | | | | | | |
4.04 | Property | | 1 | Sunrise Terrace Community | | | | | | |
4.05 | Property | | 1 | Moxie Community | | | | | | |
4.06 | Property | | 1 | Chinook Mobile Community | | | | | | |
4.07 | Property | | 1 | Laurel Lane MHC | | | | | | |
4.08 | Property | | 1 | Northwest Community | | | | | | |
4.09 | Property | | 1 | Squilchuck Creek Community | | | | | | |
4.10 | Property | | 1 | Sun City Center and Community | | | | | | |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | 0 | 0 | 0 | 0 | 373,422 | Springing |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | 0 | 0 | 0 | 200,545 | 0 | 0 |
6.01 | Property | | 1 | Brookfield Park | | | | | | |
6.02 | Property | | 1 | Retreat at Baywood | | | | | | |
6.03 | Property | | 1 | Ashford Brook | | | | | | |
7.00 | Loan | 21,22 | 1 | Welleon | 0 | 0 | 0 | 0 | 90,334 | 0 |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | 0 | 0 | 0 | 156,580 | 0 | 0 |
9.00 | Loan | | 1 | 240 West 40th Street-NY | 0 | 0 | 0 | 0 | 708,203 | 0 |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | 0 | 0 | 0 | 228,240 | 363,669 | 0 |
10.01 | Property | | 1 | 7720 North Dobson Road | | | | | | |
10.02 | Property | | 1 | 7350 North Dobson Road | | | | | | |
10.03 | Property | | 1 | 7500 North Dobson Road | | | | | | |
10.04 | Property | | 1 | 7580 North Dobson Road | | | | | | |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | 0 | 0 | 0 | 0 | 0 | 0 |
12.00 | Loan | 27 | 1 | Falls of Westpark | 0 | 0 | 0 | 168,475 | 0 | 0 |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | 0 | 0 | 0 | 0 | 12,211,534 | 0 |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | 0 | 0 | 0 | 38,600 | 0 | 0 |
14.01 | Property | | 1 | 80 Clinton Place | | | | | | |
14.02 | Property | | 1 | 1433 Teller Avenue | | | | | | |
14.03 | Property | | 1 | 1441 Teller Avenue | | | | | | |
15.00 | Loan | 34 | 1 | The Vesper Apartments | 0 | 0 | 0 | 62,350 | 0 | 0 |
16.00 | Loan | | 1 | Plaza at Eastlake | 0 | 0 | 0 | 18,406 | 772,960 | 0 |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | 0 | 0 | 0 | 53,748 | 1,105,864 | 0 |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | 0 | 0 | 0 | 165,605 | 400,000 | $330,000 (on each payment date occurring in a Seasonality Reserve Deposit Month) |
19.00 | Loan | 39,40 | 1 | Circle Business Center | 0 | 0 | 0 | 225,000 | 281,033 | 0 |
20.00 | Loan | 41,42 | 1 | Brookhill Village | 0 | 0 | 0 | 0 | 0 | 0 |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | 0 | 0 | 0 | 0 | 0 | 0 |
22.00 | Loan | | 1 | Larchmont Village Retail | 0 | 0 | 0 | 4,485 | 0 | 0 |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | 0 | 0 | 0 | 196,110 | 100,000 | 0 |
23.01 | Property | | 1 | Meadowlark MHP | | | | | | |
23.02 | Property | | 1 | Shady Estates MHP | | | | | | |
23.03 | Property | | 1 | Highland Village MHP | | | | | | |
23.04 | Property | | 1 | Sunset Harbor MHP | | | | | | |
23.05 | Property | | 1 | Lakeside MHP | | | | | | |
24.00 | Loan | | 1 | Burlington Plaza | 0 | 0 | 0 | 22,570 | 100,000 | 0 |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | 0 | 0 | 0 | 0 | 185,489 | Springing |
26.00 | Loan | | 1 | Uniroom | 0 | 0 | 0 | 2,185 | 0 | 0 |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | 0 | 0 | 0 | 8,875 | 0 | 0 |
27.01 | Property | | 1 | 1392 Nelson Avenue | 0 | 0 | 0 | 0 | 0 | 0 |
27.02 | Property | | 1 | 3605 Holland Avenue | 0 | 0 | 0 | 0 | 0 | 0 |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | 0 | 0 | 0 | 0 | 0 | 0 |
28.01 | Property | | 1 | 2811 Heath Avenue | 0 | 0 | 0 | 0 | 0 | 0 |
28.02 | Property | | 1 | 83 West 174th Street | 0 | 0 | 0 | 0 | 0 | 0 |
29.00 | Loan | | 1 | 2200 Route 10 | 0 | 0 | 0 | 0 | 0 | 0 |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | 0 | 0 | 0 | 8,750 | 0 | 0 |
WFCM 2025-5C3
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Other Reserve Description | Other Reserve Cap ($) | Holdback/ Earnout Amount ($) |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | Abbott Reserve Funds (Monthly: Springing); Rent Concession Reserve Funds (Upfront: $355,039); Existing TI/LC Obligations Reserve (Upfront: $20,860,736) | $12,000,000.00 (Abbott Reserve Funds) | 0 |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | |
1.04 | Property | | 1 | 1640 South Loop Road | | | |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | |
1.07 | Property | | 1 | 1350 South Loop Road | | | |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | NAP | 0 | 0 |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | Rent Concession Reserve Funds ($1,990,340); Existing TI/LC Obligations Reserve Funds ($8,396,806) | 0 | 0 |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | | | |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | | | |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | | | |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | NAP | 0 | 0 |
4.01 | Property | | 1 | Jefferson Park MHC | | | |
4.02 | Property | | 1 | Holiday Village MHC | | | |
4.03 | Property | | 1 | Cedrona Community | | | |
4.04 | Property | | 1 | Sunrise Terrace Community | | | |
4.05 | Property | | 1 | Moxie Community | | | |
4.06 | Property | | 1 | Chinook Mobile Community | | | |
4.07 | Property | | 1 | Laurel Lane MHC | | | |
4.08 | Property | | 1 | Northwest Community | | | |
4.09 | Property | | 1 | Squilchuck Creek Community | | | |
4.10 | Property | | 1 | Sun City Center and Community | | | |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | Seasonality Reserve | 0 | 0 |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | NAP | 0 | 0 |
6.01 | Property | | 1 | Brookfield Park | | | |
6.02 | Property | | 1 | Retreat at Baywood | | | |
6.03 | Property | | 1 | Ashford Brook | | | |
7.00 | Loan | 21,22 | 1 | Welleon | Unfunded Obligations Reserve | 0 | 0 |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | NAP | 0 | 0 |
9.00 | Loan | | 1 | 240 West 40th Street-NY | Rent Concession Reserve Funds | 0 | 0 |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | Existing TI/LC Reserve Funds | 0 | 0 |
10.01 | Property | | 1 | 7720 North Dobson Road | | | |
10.02 | Property | | 1 | 7350 North Dobson Road | | | |
10.03 | Property | | 1 | 7500 North Dobson Road | | | |
10.04 | Property | | 1 | 7580 North Dobson Road | | | |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | NAP | 0 | 0 |
12.00 | Loan | 27 | 1 | Falls of Westpark | NAP | 0 | 2,140,000 |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | Outstanding TI/LC Reserve ($11,562,092); Gap Rent Reserve ($649,442) | 0 | 0 |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | NAP | 0 | 0 |
14.01 | Property | | 1 | 80 Clinton Place | | | |
14.02 | Property | | 1 | 1433 Teller Avenue | | | |
14.03 | Property | | 1 | 1441 Teller Avenue | | | |
15.00 | Loan | 34 | 1 | The Vesper Apartments | NAP | 0 | 0 |
16.00 | Loan | | 1 | Plaza at Eastlake | Outstanding TI/LC Reserve ($685,606.91), Free Rent Reserve ($87,353.32) | 0 | 0 |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | Unfunded Obligations Reserve | 0 | 0 |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | Seasonality Reserve | 0 | 0 |
19.00 | Loan | 39,40 | 1 | Circle Business Center | Rent Concession Funds ($189,620.00); Antenna Holdback Funds ($91,413.00) | 0 | 0 |
20.00 | Loan | 41,42 | 1 | Brookhill Village | NAP | 0 | 1,000,000 |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | NAP | 0 | 0 |
22.00 | Loan | | 1 | Larchmont Village Retail | NAP | 0 | 0 |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | Offline Lot Repair Reserve | 0 | 0 |
23.01 | Property | | 1 | Meadowlark MHP | | | |
23.02 | Property | | 1 | Shady Estates MHP | | | |
23.03 | Property | | 1 | Highland Village MHP | | | |
23.04 | Property | | 1 | Sunset Harbor MHP | | | |
23.05 | Property | | 1 | Lakeside MHP | | | |
24.00 | Loan | | 1 | Burlington Plaza | Outstanding TI/LC Reserve | 0 | 0 |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | Rent Concession Funds ($48,691.84); Material Tenant Funds (Springing); TATILC Funds ($136,797.00) | 0 | 0 |
26.00 | Loan | | 1 | Uniroom | NAP | 0 | 0 |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | NAP | 0 | 0 |
27.01 | Property | | 1 | 1392 Nelson Avenue | | | |
27.02 | Property | | 1 | 3605 Holland Avenue | | | |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | NAP | 0 | 0 |
28.01 | Property | | 1 | 2811 Heath Avenue | | | |
28.02 | Property | | 1 | 83 West 174th Street | | | |
29.00 | Loan | | 1 | 2200 Route 10 | NAP | 0 | 0 |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | NAP | 0 | 0 |
WFCM 2025-5C3
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 Description |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | NAP |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | |
1.04 | Property | | 1 | 1640 South Loop Road | |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | |
1.07 | Property | | 1 | 1350 South Loop Road | |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | NAP |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | NAP |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | NAP |
4.01 | Property | | 1 | Jefferson Park MHC | |
4.02 | Property | | 1 | Holiday Village MHC | |
4.03 | Property | | 1 | Cedrona Community | |
4.04 | Property | | 1 | Sunrise Terrace Community | |
4.05 | Property | | 1 | Moxie Community | |
4.06 | Property | | 1 | Chinook Mobile Community | |
4.07 | Property | | 1 | Laurel Lane MHC | |
4.08 | Property | | 1 | Northwest Community | |
4.09 | Property | | 1 | Squilchuck Creek Community | |
4.10 | Property | | 1 | Sun City Center and Community | |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | NAP |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | NAP |
6.01 | Property | | 1 | Brookfield Park | |
6.02 | Property | | 1 | Retreat at Baywood | |
6.03 | Property | | 1 | Ashford Brook | |
7.00 | Loan | 21,22 | 1 | Welleon | NAP |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | NAP |
9.00 | Loan | | 1 | 240 West 40th Street-NY | NAP |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | NAP |
10.01 | Property | | 1 | 7720 North Dobson Road | |
10.02 | Property | | 1 | 7350 North Dobson Road | |
10.03 | Property | | 1 | 7500 North Dobson Road | |
10.04 | Property | | 1 | 7580 North Dobson Road | |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | NAP |
12.00 | Loan | 27 | 1 | Falls of Westpark | The Falls of Westpark Mortgage Loan documents are structured with an upfront earnout reserve in the amount of $2,140,000. Provided no event of default has occurred and i continuing, the earnout reserve funds may be disbursed to the borrower upon the Earnout DSCR being at least 1.20x. If the earnout reserve funds have not been disbursed by December 2, 2027, the earnout reserve funds may be partially disbursed in an amount such that the net outstanding loan amount results in an Earnout DSCR of at least 1.20x. Any outstanding funds remaining in the earnout reserve on December 2, 2027 will be used to partially prepay the Falls of Westpark Mortgage Loan, subject to required yield maintenance premiums. |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | NAP |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | NAP |
14.01 | Property | | 1 | 80 Clinton Place | |
14.02 | Property | | 1 | 1433 Teller Avenue | |
14.03 | Property | | 1 | 1441 Teller Avenue | |
15.00 | Loan | 34 | 1 | The Vesper Apartments | NAP |
16.00 | Loan | | 1 | Plaza at Eastlake | NAP |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | NAP |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | NAP |
19.00 | Loan | 39,40 | 1 | Circle Business Center | NAP |
20.00 | Loan | 41,42 | 1 | Brookhill Village | Provided there is no default or event of default, the holdback will be released by the lender for tenant improvement and leasing commission obligations incurred by the Borrower in connection with the American Freight space provided that: i) 80% of the frmer American Freight space square footage is leased, ii) Tenant has taken possession of the space, iii) The lease has commenced, iv) NCF Debt Yield is at least 10.4%, v) To the extent the cost of the associated TI/LCs is greater than the $1,000,000 holdback, the Borrower will need to provide evidence of payment for the balance owed before Lender releases funds. |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | NAP |
22.00 | Loan | | 1 | Larchmont Village Retail | NAP |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | NAP |
23.01 | Property | | 1 | Meadowlark MHP | |
23.02 | Property | | 1 | Shady Estates MHP | |
23.03 | Property | | 1 | Highland Village MHP | |
23.04 | Property | | 1 | Sunset Harbor MHP | |
23.05 | Property | | 1 | Lakeside MHP | |
24.00 | Loan | | 1 | Burlington Plaza | NAP |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | NAP |
26.00 | Loan | | 1 | Uniroom | NAP |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | NAP |
27.01 | Property | | 1 | 1392 Nelson Avenue | |
27.02 | Property | | 1 | 3605 Holland Avenue | |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | NAP |
28.01 | Property | | 1 | 2811 Heath Avenue | |
28.02 | Property | | 1 | 83 West 174th Street | |
29.00 | Loan | | 1 | 2200 Route 10 | NAP |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | NAP |
WFCM 2025-5C3
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Lockbox Type | Cash Management | Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | Tenant Specific Excess Cash Trap Trigger (Y/N) | Pari Passu (Y/N) | Pari Passu in Trust Controlling (Y/N) | Trust Pari Passu Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | Hard | Springing | Yes | Yes | Yes | Yes | 83,000,000 | 129,000,000 | 783,901.02 |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | | | | |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | | | | |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | | | | |
1.04 | Property | | 1 | 1640 South Loop Road | | | | | | | | | |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | | | | |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | | | | |
1.07 | Property | | 1 | 1350 South Loop Road | | | | | | | | | |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | | | | |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | | | | |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | | | | |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | Hard | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | Soft | Springing | Yes | Yes | Yes | Yes | 75,000,000 | 30,000,000 | 187,898.96 |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | | | | | | | | | |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | | | | | | | | | |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | | | | | | | | | |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
4.01 | Property | | 1 | Jefferson Park MHC | | | | | | | | | |
4.02 | Property | | 1 | Holiday Village MHC | | | | | | | | | |
4.03 | Property | | 1 | Cedrona Community | | | | | | | | | |
4.04 | Property | | 1 | Sunrise Terrace Community | | | | | | | | | |
4.05 | Property | | 1 | Moxie Community | | | | | | | | | |
4.06 | Property | | 1 | Chinook Mobile Community | | | | | | | | | |
4.07 | Property | | 1 | Laurel Lane MHC | | | | | | | | | |
4.08 | Property | | 1 | Northwest Community | | | | | | | | | |
4.09 | Property | | 1 | Squilchuck Creek Community | | | | | | | | | |
4.10 | Property | | 1 | Sun City Center and Community | | | | | | | | | |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | Hard | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
6.01 | Property | | 1 | Brookfield Park | | | | | | | | | |
6.02 | Property | | 1 | Retreat at Baywood | | | | | | | | | |
6.03 | Property | | 1 | Ashford Brook | | | | | | | | | |
7.00 | Loan | 21,22 | 1 | Welleon | None | None | NAP | NAP | No | NAP | NAP | NAP | NAP |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
9.00 | Loan | | 1 | 240 West 40th Street-NY | Hard | In Place | Yes | Yes | No | No | NAP | NAP | NAP |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | Soft | Springing | Yes | Yes | No | No | NAP | NAP | NAP |
10.01 | Property | | 1 | 7720 North Dobson Road | | | | | | | | | |
10.02 | Property | | 1 | 7350 North Dobson Road | | | | | | | | | |
10.03 | Property | | 1 | 7500 North Dobson Road | | | | | | | | | |
10.04 | Property | | 1 | 7580 North Dobson Road | | | | | | | | | |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
12.00 | Loan | 27 | 1 | Falls of Westpark | Soft | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | Hard | Springing | Yes | No | Yes | No | 25,000,000 | 500,000,000 | 2,268,576.39 |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
14.01 | Property | | 1 | 80 Clinton Place | | | | | | | | | |
14.02 | Property | | 1 | 1433 Teller Avenue | | | | | | | | | |
14.03 | Property | | 1 | 1441 Teller Avenue | | | | | | | | | |
15.00 | Loan | 34 | 1 | The Vesper Apartments | Soft | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
16.00 | Loan | | 1 | Plaza at Eastlake | Hard | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | Hard | Springing | Yes | Yes | Yes | No | 17,297,500 | 35,970,000 | 222,768.37 |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | Hard | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
19.00 | Loan | 39,40 | 1 | Circle Business Center | Hard | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
20.00 | Loan | 41,42 | 1 | Brookhill Village | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | Hard | Springing | No | Yes | No | No | NAP | NAP | NAP |
22.00 | Loan | | 1 | Larchmont Village Retail | Soft | Springing | Yes | No | No | No | NAP | NAP | NAP |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
23.01 | Property | | 1 | Meadowlark MHP | | | | | | | | | |
23.02 | Property | | 1 | Shady Estates MHP | | | | | | | | | |
23.03 | Property | | 1 | Highland Village MHP | | | | | | | | | |
23.04 | Property | | 1 | Sunset Harbor MHP | | | | | | | | | |
23.05 | Property | | 1 | Lakeside MHP | | | | | | | | | |
24.00 | Loan | | 1 | Burlington Plaza | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | Hard | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
26.00 | Loan | | 1 | Uniroom | Soft | Springing | Yes | Yes | No | No | NAP | NAP | NAP |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
27.01 | Property | | 1 | 1392 Nelson Avenue | | | | | | | | | |
27.02 | Property | | 1 | 3605 Holland Avenue | | | | | | | | | |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
28.01 | Property | | 1 | 2811 Heath Avenue | | | | | | | | | |
28.02 | Property | | 1 | 83 West 174th Street | | | | | | | | | |
29.00 | Loan | | 1 | 2200 Route 10 | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
WFCM 2025-5C3
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 Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Subordinate Companion Loan Cut-off Date Balance ($) | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) | Whole Loan Underwritten NCF DSCR (x) | Whole Loan Underwritten NOI Debt Yield (%) |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | 1,288,271.44 | NAP | NAP | 212,000,000 | 1,288,271.44 | 67.0% | 1.45 | 10.7% |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | | | |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | | | |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | | | |
1.04 | Property | | 1 | 1640 South Loop Road | | | | | | | | |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | | | |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | | | |
1.07 | Property | | 1 | 1350 South Loop Road | | | | | | | | |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | | | |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | | | |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | | | |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | 657,646.35 | NAP | NAP | 105,000,000 | 657,646.35 | 51.9% | 1.73 | 13.2% |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | | | | | | | | |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | | | | | | | | |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | | | | | | | | |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
4.01 | Property | | 1 | Jefferson Park MHC | | | | | | | | |
4.02 | Property | | 1 | Holiday Village MHC | | | | | | | | |
4.03 | Property | | 1 | Cedrona Community | | | | | | | | |
4.04 | Property | | 1 | Sunrise Terrace Community | | | | | | | | |
4.05 | Property | | 1 | Moxie Community | | | | | | | | |
4.06 | Property | | 1 | Chinook Mobile Community | | | | | | | | |
4.07 | Property | | 1 | Laurel Lane MHC | | | | | | | | |
4.08 | Property | | 1 | Northwest Community | | | | | | | | |
4.09 | Property | | 1 | Squilchuck Creek Community | | | | | | | | |
4.10 | Property | | 1 | Sun City Center and Community | | | | | | | | |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6.01 | Property | | 1 | Brookfield Park | | | | | | | | |
6.02 | Property | | 1 | Retreat at Baywood | | | | | | | | |
6.03 | Property | | 1 | Ashford Brook | | | | | | | | |
7.00 | Loan | 21,22 | 1 | Welleon | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9.00 | Loan | | 1 | 240 West 40th Street-NY | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
10.01 | Property | | 1 | 7720 North Dobson Road | | | | | | | | |
10.02 | Property | | 1 | 7350 North Dobson Road | | | | | | | | |
10.03 | Property | | 1 | 7500 North Dobson Road | | | | | | | | |
10.04 | Property | | 1 | 7580 North Dobson Road | | | | | | | | |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12.00 | Loan | 27 | 1 | Falls of Westpark | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | 2,382,005.21 | NAP | NAP | 525,000,000 | 2,382,005.21 | 49.5% | 1.84 | 10.2% |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14.01 | Property | | 1 | 80 Clinton Place | | | | | | | | |
14.02 | Property | | 1 | 1433 Teller Avenue | | | | | | | | |
14.03 | Property | | 1 | 1441 Teller Avenue | | | | | | | | |
15.00 | Loan | 34 | 1 | The Vesper Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
16.00 | Loan | | 1 | Plaza at Eastlake | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | 329,894.75 | NAP | NAP | 53,267,500 | 329,894.75 | 50.3% | 2.40 | 19.5% |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.00 | Loan | 39,40 | 1 | Circle Business Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20.00 | Loan | 41,42 | 1 | Brookhill Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
22.00 | Loan | | 1 | Larchmont Village Retail | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
23.01 | Property | | 1 | Meadowlark MHP | | | | | | | | |
23.02 | Property | | 1 | Shady Estates MHP | | | | | | | | |
23.03 | Property | | 1 | Highland Village MHP | | | | | | | | |
23.04 | Property | | 1 | Sunset Harbor MHP | | | | | | | | |
23.05 | Property | | 1 | Lakeside MHP | | | | | | | | |
24.00 | Loan | | 1 | Burlington Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
26.00 | Loan | | 1 | Uniroom | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27.01 | Property | | 1 | 1392 Nelson Avenue | | | | | | | | |
27.02 | Property | | 1 | 3605 Holland Avenue | | | | | | | | |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28.01 | Property | | 1 | 2811 Heath Avenue | | | | | | | | |
28.02 | Property | | 1 | 83 West 174th Street | | | | | | | | |
29.00 | Loan | | 1 | 2200 Route 10 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
WFCM 2025-5C3
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 | Mezzanine Debt Cut-off Date Balance($) | Mezzanine Debt Interest Rate (%) | Total Debt Cut-off Date Balance ($) | Total Debt Monthly Debt Service ($) | Total Debt Cut-off Date LTV Ratio (%) | Total Debt Underwritten NCF DSCR (x) | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) | Future Debt Permitted Type |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | | | | |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | | | | |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | | | | |
1.04 | Property | | 1 | 1640 South Loop Road | | | | | | | | | |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | | | | |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | | | | |
1.07 | Property | | 1 | 1350 South Loop Road | | | | | | | | | |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | | | | |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | | | | |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | | | | |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | 8,933,796 | 12.00000% | 84,933,796 | 590,476.69 | 59.0% | 1.37 | 12.3% | No | NAP |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | | | | | | | | | |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | | | | | | | | | |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | | | | | | | | | |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
4.01 | Property | | 1 | Jefferson Park MHC | | | | | | | | | |
4.02 | Property | | 1 | Holiday Village MHC | | | | | | | | | |
4.03 | Property | | 1 | Cedrona Community | | | | | | | | | |
4.04 | Property | | 1 | Sunrise Terrace Community | | | | | | | | | |
4.05 | Property | | 1 | Moxie Community | | | | | | | | | |
4.06 | Property | | 1 | Chinook Mobile Community | | | | | | | | | |
4.07 | Property | | 1 | Laurel Lane MHC | | | | | | | | | |
4.08 | Property | | 1 | Northwest Community | | | | | | | | | |
4.09 | Property | | 1 | Squilchuck Creek Community | | | | | | | | | |
4.10 | Property | | 1 | Sun City Center and Community | | | | | | | | | |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
6.01 | Property | | 1 | Brookfield Park | | | | | | | | | |
6.02 | Property | | 1 | Retreat at Baywood | | | | | | | | | |
6.03 | Property | | 1 | Ashford Brook | | | | | | | | | |
7.00 | Loan | 21,22 | 1 | Welleon | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | 5,500,000 | 14.00000% | 47,500,000 | 299,621.06 | 81.8% | 1.09 | 8.5% | No | NAP |
9.00 | Loan | | 1 | 240 West 40th Street-NY | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
10.01 | Property | | 1 | 7720 North Dobson Road | | | | | | | | | |
10.02 | Property | | 1 | 7350 North Dobson Road | | | | | | | | | |
10.03 | Property | | 1 | 7500 North Dobson Road | | | | | | | | | |
10.04 | Property | | 1 | 7580 North Dobson Road | | | | | | | | | |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
12.00 | Loan | 27 | 1 | Falls of Westpark | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
14.01 | Property | | 1 | 80 Clinton Place | | | | | | | | | |
14.02 | Property | | 1 | 1433 Teller Avenue | | | | | | | | | |
14.03 | Property | | 1 | 1441 Teller Avenue | | | | | | | | | |
15.00 | Loan | 34 | 1 | The Vesper Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
16.00 | Loan | | 1 | Plaza at Eastlake | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
19.00 | Loan | 39,40 | 1 | Circle Business Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
20.00 | Loan | 41,42 | 1 | Brookhill Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
22.00 | Loan | | 1 | Larchmont Village Retail | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
23.01 | Property | | 1 | Meadowlark MHP | | | | | | | | | |
23.02 | Property | | 1 | Shady Estates MHP | | | | | | | | | |
23.03 | Property | | 1 | Highland Village MHP | | | | | | | | | |
23.04 | Property | | 1 | Sunset Harbor MHP | | | | | | | | | |
23.05 | Property | | 1 | Lakeside MHP | | | | | | | | | |
24.00 | Loan | | 1 | Burlington Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
26.00 | Loan | | 1 | Uniroom | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
27.01 | Property | | 1 | 1392 Nelson Avenue | | | | | | | | | |
27.02 | Property | | 1 | 3605 Holland Avenue | | | | | | | | | |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
28.01 | Property | | 1 | 2811 Heath Avenue | | | | | | | | | |
28.02 | Property | | 1 | 83 West 174th Street | | | | | | | | | |
29.00 | Loan | | 1 | 2200 Route 10 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Mezzanine |
WFCM 2025-5C3
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 | Sponsor |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | TNREF IV REIV, LLC and True North Real Estate Fund IV, L.P. |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | |
1.04 | Property | | 1 | 1640 South Loop Road | |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | |
1.07 | Property | | 1 | 1350 South Loop Road | |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | CBSK Development |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | Creative Media & Community Trust Corporation and CIM Group Investments, LLC |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | Caleb Romack and Hurst & Son LLC |
4.01 | Property | | 1 | Jefferson Park MHC | |
4.02 | Property | | 1 | Holiday Village MHC | |
4.03 | Property | | 1 | Cedrona Community | |
4.04 | Property | | 1 | Sunrise Terrace Community | |
4.05 | Property | | 1 | Moxie Community | |
4.06 | Property | | 1 | Chinook Mobile Community | |
4.07 | Property | | 1 | Laurel Lane MHC | |
4.08 | Property | | 1 | Northwest Community | |
4.09 | Property | | 1 | Squilchuck Creek Community | |
4.10 | Property | | 1 | Sun City Center and Community | |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | Robert Schlesinger |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | Joseph Jemal and Norman Jemal |
6.01 | Property | | 1 | Brookfield Park | |
6.02 | Property | | 1 | Retreat at Baywood | |
6.03 | Property | | 1 | Ashford Brook | |
7.00 | Loan | 21,22 | 1 | Welleon | Todd M. Leebow |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | Tzvi Safirstein, Michael Stern, Avrohom Farber, and David Salamon |
9.00 | Loan | | 1 | 240 West 40th Street-NY | Payman Yadidi and Pajman Yadidi |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | Creighton Barker |
10.01 | Property | | 1 | 7720 North Dobson Road | |
10.02 | Property | | 1 | 7350 North Dobson Road | |
10.03 | Property | | 1 | 7500 North Dobson Road | |
10.04 | Property | | 1 | 7580 North Dobson Road | |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | Avi Nevo |
12.00 | Loan | 27 | 1 | Falls of Westpark | Rao J. Polavarapu |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | The Macerich Partnership, L.P. |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | Joel Mittelman |
14.01 | Property | | 1 | 80 Clinton Place | |
14.02 | Property | | 1 | 1433 Teller Avenue | |
14.03 | Property | | 1 | 1441 Teller Avenue | |
15.00 | Loan | 34 | 1 | The Vesper Apartments | Robert Tobolowsky, John Bowden, Jacob M. Silverstein, Willowood Group LLC, and Shah Holdings, LLC |
16.00 | Loan | | 1 | Plaza at Eastlake | James H. Huelskamp |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | LSG Enterprises LLC and Converge Holdings LLC |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | Scott J. Marcus, David Jacobson and Howard Jacobson |
19.00 | Loan | 39,40 | 1 | Circle Business Center | David Y. Lee |
20.00 | Loan | 41,42 | 1 | Brookhill Village | Bedrin Organization |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | Ryan Tedder, Keith Kantrowitz and Tedder Living Trust |
22.00 | Loan | | 1 | Larchmont Village Retail | K. Joseph Shabani, Kaymar Shabani, Loma Vista Trust and Kaymar Shabani Separate Property Trust Dated December 4, 2007 |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | Timothy A. Pikey |
23.01 | Property | | 1 | Meadowlark MHP | |
23.02 | Property | | 1 | Shady Estates MHP | |
23.03 | Property | | 1 | Highland Village MHP | |
23.04 | Property | | 1 | Sunset Harbor MHP | |
23.05 | Property | | 1 | Lakeside MHP | |
24.00 | Loan | | 1 | Burlington Plaza | Jeffrey Seltzer |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | Steven M. Farkas, Matthew T. Levy, and Zach J. La Motta |
26.00 | Loan | | 1 | Uniroom | Mark O. Baatz and Ara A. Tchaghlassian |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | Joel Guttman |
27.01 | Property | | 1 | 1392 Nelson Avenue | |
27.02 | Property | | 1 | 3605 Holland Avenue | |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | Israel Seidenfeld and Joseph Seidenfeld |
28.01 | Property | | 1 | 2811 Heath Avenue | |
28.02 | Property | | 1 | 83 West 174th Street | |
29.00 | Loan | | 1 | 2200 Route 10 | Ezra Cohen, Alan Cohen and Abraham Cohen |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | Shimshon Grunstein and Josef Gross |
WFCM 2025-5C3
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 |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | TNREF IV REIV, LLC and True North Real Estate Fund IV, L.P. | No | No | Refinance |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | |
1.04 | Property | | 1 | 1640 South Loop Road | | | | |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | |
1.07 | Property | | 1 | 1350 South Loop Road | | | | |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | Charles Blaichman, Abram Shnay and Scott Shnay | No | No | Refinance |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | Creative Media & Community Trust Corporation and CIM Group Investments, LLC | No | No | Refinance |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | | | | |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | | | | |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | | | | |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | Caleb Romack and Hurst & Son LLC | No | No | Refinance/Acquisition |
4.01 | Property | | 1 | Jefferson Park MHC | | | | |
4.02 | Property | | 1 | Holiday Village MHC | | | | |
4.03 | Property | | 1 | Cedrona Community | | | | |
4.04 | Property | | 1 | Sunrise Terrace Community | | | | |
4.05 | Property | | 1 | Moxie Community | | | | |
4.06 | Property | | 1 | Chinook Mobile Community | | | | |
4.07 | Property | | 1 | Laurel Lane MHC | | | | |
4.08 | Property | | 1 | Northwest Community | | | | |
4.09 | Property | | 1 | Squilchuck Creek Community | | | | |
4.10 | Property | | 1 | Sun City Center and Community | | | | |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | Robert Schlesinger | No | No | Refinance |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | Joseph Jemal and Norman Jemal | No | No | Refinance |
6.01 | Property | | 1 | Brookfield Park | | | | |
6.02 | Property | | 1 | Retreat at Baywood | | | | |
6.03 | Property | | 1 | Ashford Brook | | | | |
7.00 | Loan | 21,22 | 1 | Welleon | Todd M. Leebow | No | No | Refinance |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | Tzvi Safirstein, Michael Stern, Avrohom Farber, and David Salamon | No | No | Acquisition |
9.00 | Loan | | 1 | 240 West 40th Street-NY | Payman Yadidi and Pajman Yadidi | No | No | Refinance |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | Forum Capital, L.C. and FREP II Holdings, L.L.C. | No | No | Refinance |
10.01 | Property | | 1 | 7720 North Dobson Road | | | | |
10.02 | Property | | 1 | 7350 North Dobson Road | | | | |
10.03 | Property | | 1 | 7500 North Dobson Road | | | | |
10.04 | Property | | 1 | 7580 North Dobson Road | | | | |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | Avi Nevo | No | No | Refinance |
12.00 | Loan | 27 | 1 | Falls of Westpark | Rao J. Polavarapu | No | No | Refinance |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | The Macerich Partnership, L.P. | No | No | Refinance |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | Joel Mittelman | No | No | Refinance |
14.01 | Property | | 1 | 80 Clinton Place | | | | |
14.02 | Property | | 1 | 1433 Teller Avenue | | | | |
14.03 | Property | | 1 | 1441 Teller Avenue | | | | |
15.00 | Loan | 34 | 1 | The Vesper Apartments | Robert Tobolowsky, John Bowden, Jacob M. Silverstein, Willowood Group LLC, and Shah Holdings, LLC | No | No | Refinance |
16.00 | Loan | | 1 | Plaza at Eastlake | James H. Huelskamp | No | No | Acquisition |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | LSG Enterprises LLC and Converge Holdings LLC | No | No | Acquisition |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | Scott J. Marcus, David Jacobson and Howard Jacobson | No | No | Acquisition |
19.00 | Loan | 39,40 | 1 | Circle Business Center | David Y. Lee | No | No | Refinance |
20.00 | Loan | 41,42 | 1 | Brookhill Village | Paul Bedrin and Gerald Bedrin | No | No | Refinance |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | Ryan Tedder, Keith Kantrowitz and Tedder Living Trust | No | Yes | Acquisition |
22.00 | Loan | | 1 | Larchmont Village Retail | K. Joseph Shabani, Kaymar Shabani, Loma Vista Trust and Kaymar Shabani Separate Property Trust Dated December 4, 2007 | No | Yes | Acquisition |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | Timothy A. Pikey | No | No | Refinance |
23.01 | Property | | 1 | Meadowlark MHP | | | | |
23.02 | Property | | 1 | Shady Estates MHP | | | | |
23.03 | Property | | 1 | Highland Village MHP | | | | |
23.04 | Property | | 1 | Sunset Harbor MHP | | | | |
23.05 | Property | | 1 | Lakeside MHP | | | | |
24.00 | Loan | | 1 | Burlington Plaza | Jeffrey Seltzer | No | No | Refinance |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | Steven M. Farkas, Matthew T. Levy, and Zach J. La Motta | No | No | Refinance |
26.00 | Loan | | 1 | Uniroom | Mark O. Baatz, Mark O. Baatz Family Trust Dated July 21, 2016, Ara A. Tchaghlassian and 2005 Amendment and Restatement of Ara A. Tchaghlassian | No | Yes | Refinance |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | Joel Guttman | No | No | Refinance |
27.01 | Property | | 1 | 1392 Nelson Avenue | | | | |
27.02 | Property | | 1 | 3605 Holland Avenue | | | | |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | Israel Seidenfeld and Joseph Seidenfeld | No | No | Refinance |
28.01 | Property | | 1 | 2811 Heath Avenue | | | | |
28.02 | Property | | 1 | 83 West 174th Street | | | | |
29.00 | Loan | | 1 | 2200 Route 10 | Ezra Cohen, Alan Cohen and Abraham Cohen | No | No | Acquisition |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | Shimshon Grunstein and Josef Gross | No | No | Refinance |
WFCM 2025-5C3
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 | Property Located Within a Qualified Opportunity Zone (Y/N) | Sources: Loan Amount ($) | Sources: Principal's New Cash Contribution ($) | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) | Uses: Loan Payoff ($) | Uses: Purchase Price ($) | Uses: Closing Costs ($) |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | | 212,000,000 | 4,133,191 | 0 | 0 | 216,133,191 | 177,584,940 | 0 | 11,831,733 |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | | | | |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | | | | |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | | | | |
1.04 | Property | | 1 | 1640 South Loop Road | | | | | | | | | |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | | | | |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | | | | |
1.07 | Property | | 1 | 1350 South Loop Road | | | | | | | | | |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | | | | |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | | | | |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | | | | |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | | 76,000,000 | 67,130 | 8,933,796 | 0 | 85,000,926 | 83,128,322 | 0 | 1,685,143 |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | | 105,000,000 | 933,392 | 0 | 0 | 105,933,392 | 82,681,287 | 0 | 2,738,314 |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | | | | | | | | | |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | | | | | | | | | |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | | | | | | | | | |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | | 70,500,000 | 0 | 0 | 459,504 | 70,959,504 | 16,357,827 | 50,000,000 | 3,782,020 |
4.01 | Property | | 1 | Jefferson Park MHC | | | | | | | | | |
4.02 | Property | | 1 | Holiday Village MHC | | | | | | | | | |
4.03 | Property | | 1 | Cedrona Community | | | | | | | | | |
4.04 | Property | | 1 | Sunrise Terrace Community | | | | | | | | | |
4.05 | Property | | 1 | Moxie Community | | | | | | | | | |
4.06 | Property | | 1 | Chinook Mobile Community | | | | | | | | | |
4.07 | Property | | 1 | Laurel Lane MHC | | | | | | | | | |
4.08 | Property | | 1 | Northwest Community | | | | | | | | | |
4.09 | Property | | 1 | Squilchuck Creek Community | | | | | | | | | |
4.10 | Property | | 1 | Sun City Center and Community | | | | | | | | | |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | | 54,500,000 | 0 | 0 | 0 | 54,500,000 | 34,267,927 | 0 | 1,710,208 |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | | 47,000,000 | 551,136 | 0 | 0 | 47,551,136 | 45,872,257 | 0 | 1,315,115 |
6.01 | Property | | 1 | Brookfield Park | | | | | | | | | |
6.02 | Property | | 1 | Retreat at Baywood | | | | | | | | | |
6.03 | Property | | 1 | Ashford Brook | | | | | | | | | |
7.00 | Loan | 21,22 | 1 | Welleon | | 44,600,000 | 0 | 0 | 0 | 44,600,000 | 40,800,099 | 0 | 3,217,995 |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | | 42,000,000 | 13,127,067 | 5,500,000 | 3,000,000 | 63,627,067 | 0 | 57,000,000 | 3,351,741 |
9.00 | Loan | | 1 | 240 West 40th Street-NY | | 40,000,000 | 9,215,327 | 0 | 0 | 49,215,327 | 45,704,476 | 0 | 1,802,647 |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | | 35,000,000 | 4,854,086 | 0 | 0 | 39,854,086 | 37,090,339 | 0 | 1,017,010 |
10.01 | Property | | 1 | 7720 North Dobson Road | | | | | | | | | |
10.02 | Property | | 1 | 7350 North Dobson Road | | | | | | | | | |
10.03 | Property | | 1 | 7500 North Dobson Road | | | | | | | | | |
10.04 | Property | | 1 | 7580 North Dobson Road | | | | | | | | | |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | | 30,100,000 | 0 | 0 | 0 | 30,100,000 | 27,694,197 | 0 | 2,183,662 |
12.00 | Loan | 27 | 1 | Falls of Westpark | | 29,000,000 | 0 | 0 | 0 | 29,000,000 | 23,889,183 | 0 | 1,982,772 |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | | 525,000,000 | 91,238,851 | 0 | 0 | 616,238,851 | 601,802,949 | 0 | 2,224,368 |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | | 18,600,000 | 1,145,376 | 0 | 0 | 19,745,376 | 18,600,000 | 0 | 1,043,012 |
14.01 | Property | | 1 | 80 Clinton Place | | | | | | | | | |
14.02 | Property | | 1 | 1433 Teller Avenue | | | | | | | | | |
14.03 | Property | | 1 | 1441 Teller Avenue | | | | | | | | | |
15.00 | Loan | 34 | 1 | The Vesper Apartments | | 18,250,000 | 2,185,619 | 0 | 0 | 20,435,619 | 19,020,435 | 0 | 1,057,442 |
16.00 | Loan | | 1 | Plaza at Eastlake | | | | | | | | | |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | | | | | | | | | |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | | | | | | | | | |
19.00 | Loan | 39,40 | 1 | Circle Business Center | | | | | | | | | |
20.00 | Loan | 41,42 | 1 | Brookhill Village | | | | | | | | | |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | | | | | | | | | |
22.00 | Loan | | 1 | Larchmont Village Retail | | | | | | | | | |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | | | | | | | | | |
23.01 | Property | | 1 | Meadowlark MHP | | | | | | | | | |
23.02 | Property | | 1 | Shady Estates MHP | | | | | | | | | |
23.03 | Property | | 1 | Highland Village MHP | | | | | | | | | |
23.04 | Property | | 1 | Sunset Harbor MHP | | | | | | | | | |
23.05 | Property | | 1 | Lakeside MHP | | | | | | | | | |
24.00 | Loan | | 1 | Burlington Plaza | | | | | | | | | |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | | | | | | | | | |
26.00 | Loan | | 1 | Uniroom | | | | | | | | | |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | | | | | | | | | |
27.01 | Property | | 1 | 1392 Nelson Avenue | | | | | | | | | |
27.02 | Property | | 1 | 3605 Holland Avenue | | | | | | | | | |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | | | | | | | | | |
28.01 | Property | | 1 | 2811 Heath Avenue | | | | | | | | | |
28.02 | Property | | 1 | 83 West 174th Street | | | | | | | | | |
29.00 | Loan | | 1 | 2200 Route 10 | | | | | | | | | |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | | | | | | | | | |
WFCM 2025-5C3
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 | Uses: Reserves ($) | Uses: Principal Equity Distribution ($) | Uses: Other Uses ($) | Uses: Total Uses ($) | Franchise Agreement Expiration | Underwritten ADR ($) | Underwritten RevPAR ($) | Underwritten Hotel Occupancy (%) | Most Recent ADR ($) |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | 26,716,519 | 0 | 0 | 216,133,191 | NAP | NAP | NAP | NAP | NAP |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | NAP | NAP | NAP | NAP | NAP |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | NAP | NAP | NAP | NAP | NAP |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | NAP | NAP | NAP | NAP | NAP |
1.04 | Property | | 1 | 1640 South Loop Road | | | | | NAP | NAP | NAP | NAP | NAP |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | NAP | NAP | NAP | NAP | NAP |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | NAP | NAP | NAP | NAP | NAP |
1.07 | Property | | 1 | 1350 South Loop Road | | | | | NAP | NAP | NAP | NAP | NAP |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | NAP | NAP | NAP | NAP | NAP |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | NAP | NAP | NAP | NAP | NAP |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | NAP | NAP | NAP | NAP | NAP |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | 187,461 | 0 | 0 | 85,000,926 | NAP | $186.30 | $168.67 | 90.5% | $186.30 |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | 20,513,790 | 0 | 0 | 105,933,392 | NAP | NAP | NAP | NAP | NAP |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | | | | | NAP | NAP | NAP | NAP | NAP |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | | | | | NAP | NAP | NAP | NAP | NAP |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | | | | | NAP | NAP | NAP | NAP | NAP |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | 178,325 | 641,331 | 0 | 70,959,504 | NAP | NAP | NAP | NAP | NAP |
4.01 | Property | | 1 | Jefferson Park MHC | | | | | NAP | NAP | NAP | NAP | NAP |
4.02 | Property | | 1 | Holiday Village MHC | | | | | NAP | NAP | NAP | NAP | NAP |
4.03 | Property | | 1 | Cedrona Community | | | | | NAP | NAP | NAP | NAP | NAP |
4.04 | Property | | 1 | Sunrise Terrace Community | | | | | NAP | NAP | NAP | NAP | NAP |
4.05 | Property | | 1 | Moxie Community | | | | | NAP | NAP | NAP | NAP | NAP |
4.06 | Property | | 1 | Chinook Mobile Community | | | | | NAP | NAP | NAP | NAP | NAP |
4.07 | Property | | 1 | Laurel Lane MHC | | | | | NAP | NAP | NAP | NAP | NAP |
4.08 | Property | | 1 | Northwest Community | | | | | NAP | NAP | NAP | NAP | NAP |
4.09 | Property | | 1 | Squilchuck Creek Community | | | | | NAP | NAP | NAP | NAP | NAP |
4.10 | Property | | 1 | Sun City Center and Community | | | | | NAP | NAP | NAP | NAP | NAP |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | 1,095,010 | 17,426,856 | 0 | 54,500,000 | NAP | $912.40 | $450.09 | 49.3% | $912.40 |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | 363,764 | 0 | 0 | 47,551,136 | NAP | NAP | NAP | NAP | NAP |
6.01 | Property | | 1 | Brookfield Park | | | | | NAP | NAP | NAP | NAP | NAP |
6.02 | Property | | 1 | Retreat at Baywood | | | | | NAP | NAP | NAP | NAP | NAP |
6.03 | Property | | 1 | Ashford Brook | | | | | NAP | NAP | NAP | NAP | NAP |
7.00 | Loan | 21,22 | 1 | Welleon | 179,503 | 402,403 | 0 | 44,600,000 | NAP | NAP | NAP | NAP | NAP |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | 275,325 | 0 | 3,000,000 | 63,627,067 | NAP | NAP | NAP | NAP | NAP |
9.00 | Loan | | 1 | 240 West 40th Street-NY | 1,708,203 | 0 | 0 | 49,215,327 | NAP | NAP | NAP | NAP | NAP |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | 1,746,737 | 0 | 0 | 39,854,086 | NAP | NAP | NAP | NAP | NAP |
10.01 | Property | | 1 | 7720 North Dobson Road | | | | | NAP | NAP | NAP | NAP | NAP |
10.02 | Property | | 1 | 7350 North Dobson Road | | | | | NAP | NAP | NAP | NAP | NAP |
10.03 | Property | | 1 | 7500 North Dobson Road | | | | | NAP | NAP | NAP | NAP | NAP |
10.04 | Property | | 1 | 7580 North Dobson Road | | | | | NAP | NAP | NAP | NAP | NAP |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | 157,224 | 64,917 | 0 | 30,100,000 | NAP | NAP | NAP | NAP | NAP |
12.00 | Loan | 27 | 1 | Falls of Westpark | 2,363,497 | 764,548 | 0 | 29,000,000 | NAP | NAP | NAP | NAP | NAP |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | 12,211,534 | 0 | 0 | 616,238,851 | NAP | NAP | NAP | NAP | NAP |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | 102,364 | 0 | 0 | 19,745,376 | NAP | NAP | NAP | NAP | NAP |
14.01 | Property | | 1 | 80 Clinton Place | | | | | NAP | NAP | NAP | NAP | NAP |
14.02 | Property | | 1 | 1433 Teller Avenue | | | | | NAP | NAP | NAP | NAP | NAP |
14.03 | Property | | 1 | 1441 Teller Avenue | | | | | NAP | NAP | NAP | NAP | NAP |
15.00 | Loan | 34 | 1 | The Vesper Apartments | 357,742 | 0 | 0 | 20,435,619 | NAP | NAP | NAP | NAP | NAP |
16.00 | Loan | | 1 | Plaza at Eastlake | | | | | NAP | NAP | NAP | NAP | NAP |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | | | | | NAP | NAP | NAP | NAP | NAP |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | | | | | NAP | $194.82 | $93.08 | 47.8% | $194.82 |
19.00 | Loan | 39,40 | 1 | Circle Business Center | | | | | NAP | NAP | NAP | NAP | NAP |
20.00 | Loan | 41,42 | 1 | Brookhill Village | | | | | NAP | NAP | NAP | NAP | NAP |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | | | | | NAP | NAP | NAP | NAP | NAP |
22.00 | Loan | | 1 | Larchmont Village Retail | | | | | NAP | NAP | NAP | NAP | NAP |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | | | | | NAP | NAP | NAP | NAP | NAP |
23.01 | Property | | 1 | Meadowlark MHP | | | | | NAP | NAP | NAP | NAP | NAP |
23.02 | Property | | 1 | Shady Estates MHP | | | | | NAP | NAP | NAP | NAP | NAP |
23.03 | Property | | 1 | Highland Village MHP | | | | | NAP | NAP | NAP | NAP | NAP |
23.04 | Property | | 1 | Sunset Harbor MHP | | | | | NAP | NAP | NAP | NAP | NAP |
23.05 | Property | | 1 | Lakeside MHP | | | | | NAP | NAP | NAP | NAP | NAP |
24.00 | Loan | | 1 | Burlington Plaza | | | | | NAP | NAP | NAP | NAP | NAP |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | | | | | NAP | NAP | NAP | NAP | NAP |
26.00 | Loan | | 1 | Uniroom | | | | | NAP | NAP | NAP | NAP | NAP |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | | | | | NAP | NAP | NAP | NAP | NAP |
27.01 | Property | | 1 | 1392 Nelson Avenue | | | | | NAP | NAP | NAP | NAP | NAP |
27.02 | Property | | 1 | 3605 Holland Avenue | | | | | NAP | NAP | NAP | NAP | NAP |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | | | | | NAP | NAP | NAP | NAP | NAP |
28.01 | Property | | 1 | 2811 Heath Avenue | | | | | NAP | NAP | NAP | NAP | NAP |
28.02 | Property | | 1 | 83 West 174th Street | | | | | NAP | NAP | NAP | NAP | NAP |
29.00 | Loan | | 1 | 2200 Route 10 | | | | | NAP | NAP | NAP | NAP | NAP |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | | | | | NAP | NAP | NAP | NAP | NAP |
WFCM 2025-5C3
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 RevPAR ($) | Most Recent Hotel Occupancy (%) | Second Most Recent ADR ($) | Second Most Recent RevPAR ($) | Second Most Recent Hotel Occupancy (%) | Third Most Recent ADR ($) | Third Most Recent RevPAR ($) | Third Most Recent Hotel Occupancy (%) | Coop - Committed Secondary Debt |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.04 | Property | | 1 | 1640 South Loop Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.07 | Property | | 1 | 1350 South Loop Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | $174.97 | 93.9% | $180.91 | $165.96 | 91.7% | $161.74 | $140.35 | 86.8% | |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.01 | Property | | 1 | Jefferson Park MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.02 | Property | | 1 | Holiday Village MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.03 | Property | | 1 | Cedrona Community | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.04 | Property | | 1 | Sunrise Terrace Community | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.05 | Property | | 1 | Moxie Community | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.06 | Property | | 1 | Chinook Mobile Community | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.07 | Property | | 1 | Laurel Lane MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.08 | Property | | 1 | Northwest Community | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.09 | Property | | 1 | Squilchuck Creek Community | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.10 | Property | | 1 | Sun City Center and Community | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | $450.09 | 49.3% | $899.97 | $472.04 | 52.5% | $959.25 | $501.94 | 52.3% | |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.01 | Property | | 1 | Brookfield Park | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.02 | Property | | 1 | Retreat at Baywood | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.03 | Property | | 1 | Ashford Brook | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.00 | Loan | 21,22 | 1 | Welleon | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.00 | Loan | | 1 | 240 West 40th Street-NY | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.01 | Property | | 1 | 7720 North Dobson Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.02 | Property | | 1 | 7350 North Dobson Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.03 | Property | | 1 | 7500 North Dobson Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10.04 | Property | | 1 | 7580 North Dobson Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
12.00 | Loan | 27 | 1 | Falls of Westpark | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.01 | Property | | 1 | 80 Clinton Place | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.02 | Property | | 1 | 1433 Teller Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.03 | Property | | 1 | 1441 Teller Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.00 | Loan | 34 | 1 | The Vesper Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
16.00 | Loan | | 1 | Plaza at Eastlake | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | $93.08 | 47.8% | $210.20 | $98.45 | 46.8% | $258.07 | $88.52 | 34.3% | |
19.00 | Loan | 39,40 | 1 | Circle Business Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
20.00 | Loan | 41,42 | 1 | Brookhill Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
22.00 | Loan | | 1 | Larchmont Village Retail | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
23.01 | Property | | 1 | Meadowlark MHP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
23.02 | Property | | 1 | Shady Estates MHP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
23.03 | Property | | 1 | Highland Village MHP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
23.04 | Property | | 1 | Sunset Harbor MHP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
23.05 | Property | | 1 | Lakeside MHP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
24.00 | Loan | | 1 | Burlington Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26.00 | Loan | | 1 | Uniroom | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
27.01 | Property | | 1 | 1392 Nelson Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
27.02 | Property | | 1 | 3605 Holland Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.01 | Property | | 1 | 2811 Heath Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.02 | Property | | 1 | 83 West 174th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29.00 | Loan | | 1 | 2200 Route 10 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
WFCM 2025-5C3
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 | Coop - Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Coop Units | Coop - Sponsor/ Investor Carry | |
1.00 | Loan | 5 | 10 | Radius at Harbor Bay | | | | | | | |
1.01 | Property | | 1 | 1420 Harbor Bay Parkway | | | | | | | |
1.02 | Property | | 1 | 1351 Harbor Bay Parkway | | | | | | | |
1.03 | Property | | 1 | 1451 Harbor Bay Parkway | | | | | | | |
1.04 | Property | | 1 | 1640 South Loop Road | | | | | | | |
1.05 | Property | | 1 | 1650 Harbor Bay Parkway | | | | | | | |
1.06 | Property | | 1 | 1600 Harbor Bay Parkway | | | | | | | |
1.07 | Property | | 1 | 1350 South Loop Road | | | | | | | |
1.08 | Property | | 1 | 1321 Harbor Bay Parkway | | | | | | | |
1.09 | Property | | 1 | 1501 Harbor Bay Parkway | | | | | | | |
1.10 | Property | | 1 | 1411 Harbor Bay Parkway | | | | | | | |
2.00 | Loan | 6,7,8,9,10,11,12,13 | 1 | POD Williamsburg | | | | | | | |
3.00 | Loan | 14 | 3 | Wilshire Office Portfolio | | | | | | | |
3.01 | Property | | 1 | 9460 Wilshire Boulevard | | | | | | | |
3.02 | Property | | 1 | 11620 Wilshire Boulevard | | | | | | | |
3.03 | Property | | 1 | 11600 Wilshire Boulevard | | | | | | | |
4.00 | Loan | 15,16 | 10 | WAND MHC Portfolio | | | | | | | |
4.01 | Property | | 1 | Jefferson Park MHC | | | | | | | |
4.02 | Property | | 1 | Holiday Village MHC | | | | | | | |
4.03 | Property | | 1 | Cedrona Community | | | | | | | |
4.04 | Property | | 1 | Sunrise Terrace Community | | | | | | | |
4.05 | Property | | 1 | Moxie Community | | | | | | | |
4.06 | Property | | 1 | Chinook Mobile Community | | | | | | | |
4.07 | Property | | 1 | Laurel Lane MHC | | | | | | | |
4.08 | Property | | 1 | Northwest Community | | | | | | | |
4.09 | Property | | 1 | Squilchuck Creek Community | | | | | | | |
4.10 | Property | | 1 | Sun City Center and Community | | | | | | | |
5.00 | Loan | 17,18 | 1 | The Brazilian Court Hotel | | | | | | | |
6.00 | Loan | 19,20 | 3 | Georgia Multifamily Portfolio | | | | | | | |
6.01 | Property | | 1 | Brookfield Park | | | | | | | |
6.02 | Property | | 1 | Retreat at Baywood | | | | | | | |
6.03 | Property | | 1 | Ashford Brook | | | | | | | |
7.00 | Loan | 21,22 | 1 | Welleon | | | | | | | |
8.00 | Loan | 23 | 1 | Christopher Crossing Apartments | | | | | | | |
9.00 | Loan | | 1 | 240 West 40th Street-NY | | | | | | | |
10.00 | Loan | 24,25 | 4 | Riverwalk Business Park | | | | | | | |
10.01 | Property | | 1 | 7720 North Dobson Road | | | | | | | |
10.02 | Property | | 1 | 7350 North Dobson Road | | | | | | | |
10.03 | Property | | 1 | 7500 North Dobson Road | | | | | | | |
10.04 | Property | | 1 | 7580 North Dobson Road | | | | | | | |
11.00 | Loan | 26 | 1 | Addison Arts Apartments | | | | | | | |
12.00 | Loan | 27 | 1 | Falls of Westpark | | | | | | | |
13.00 | Loan | 28,29,30,31 | 1 | Queens Center | | | | | | | |
14.00 | Loan | 32,33 | 3 | Teller Avenue Portfolio | | | | | | | |
14.01 | Property | | 1 | 80 Clinton Place | | | | | | | |
14.02 | Property | | 1 | 1433 Teller Avenue | | | | | | | |
14.03 | Property | | 1 | 1441 Teller Avenue | | | | | | | |
15.00 | Loan | 34 | 1 | The Vesper Apartments | | | | | | | |
16.00 | Loan | | 1 | Plaza at Eastlake | | | | | | | |
17.00 | Loan | 35,36,37,38 | 1 | The Outlet Collection Seattle | | | | | | | |
18.00 | Loan | | 1 | Beach Haus Resort and Baywatch Resort | | | | | | | |
19.00 | Loan | 39,40 | 1 | Circle Business Center | | | | | | | |
20.00 | Loan | 41,42 | 1 | Brookhill Village | | | | | | | |
21.00 | Loan | | 1 | CVS Pharmacy-Ridgewood | | | | | | | |
22.00 | Loan | | 1 | Larchmont Village Retail | | | | | | | |
23.00 | Loan | | 5 | Park Nation MHC Portfoilio | | | | | | | |
23.01 | Property | | 1 | Meadowlark MHP | | | | | | | |
23.02 | Property | | 1 | Shady Estates MHP | | | | | | | |
23.03 | Property | | 1 | Highland Village MHP | | | | | | | |
23.04 | Property | | 1 | Sunset Harbor MHP | | | | | | | |
23.05 | Property | | 1 | Lakeside MHP | | | | | | | |
24.00 | Loan | | 1 | Burlington Plaza | | | | | | | |
25.00 | Loan | 43,44,45,46 | 1 | 1165 Station Road | | | | | | | |
26.00 | Loan | | 1 | Uniroom | | | | | | | |
27.00 | Loan | 47,48 | 2 | Guttman Portfolio | | | | | | | |
27.01 | Property | | 1 | 1392 Nelson Avenue | | | | | | | |
27.02 | Property | | 1 | 3605 Holland Avenue | | | | | | | |
28.00 | Loan | 49,50 | 2 | Seidenfeld Portfolio | | | | | | | |
28.01 | Property | | 1 | 2811 Heath Avenue | | | | | | | |
28.02 | Property | | 1 | 83 West 174th Street | | | | | | | |
29.00 | Loan | | 1 | 2200 Route 10 | | | | | | | |
30.00 | Loan | 51,52,53 | 1 | 3854 Bailey Avenue | | | | | | | |
FOOTNOTES TO ANNEX A-1
| See “Annex A-3: Summaries of the Fifteen Largest Mortgage Loans” in the prospectus for additional information on the 15 largest mortgage loans. |
| |
(1) | “WFB” denotes Wells Fargo Bank, National Association, "JPMCB" denotes JPMorgan Chase Bank, National Association, "CREFI" denotes Citi Real Estate Funding Inc., "GSMC" denotes Goldman Sachs Mortgage Company, "AREF2" denotes Argentic Real Estate Finance 2 LLC, “UBS AG” denotes UBS AG by and through its branch office at 1285 Avenue of the Americas, New York, New York, and “LMF” denotes LMF Commercial, LLC as Mortgage Loan Seller. |
| |
(2) | The Administrative Fee Rate % includes the Servicing Fee Rate, the Operating Advisor Fee Rate, the Certificate Administrator/Trustee Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate applicable to each Mortgage Loan. |
| |
(3) | Certain tenants may not be in occupancy or may be in free rent periods. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” in this prospectus for information regarding (i) single tenant properties, (ii) the largest 5 tenants with respect to the largest 15 Mortgage Loans or groups of cross-collateralized Mortgage Loans and (iii) tenants that individually or together with their affiliates occupy 50% or more of the net rentable area of related Mortgaged Properties, which, in each case, are not in occupancy or are in free rent periods. |
| |
(4) | Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” in this prospectus for information regarding certain lease termination options affecting (i) single tenant properties, (ii) the largest 5 tenants with respect to the largest 15 Mortgage Loans or groups of cross-collateralized Mortgage Loans and (iii) tenants that occupy 50% or more of the net rentable area of the related Mortgaged Properties. |
| |
(5) | With respect to Mortgage Loan No. 1, Radius at Harbor Bay, the appraised value represents a hypothetical as-stabilized value for the portfolio of $338,324,100, which is inclusive of a 2.9% portfolio premium. The appraiser concluded to a hypothetical value assuming the outstanding TI/LC obligations have already been paid, such amount is included in an upfront reserve for existing TI/LC obligations. The aggregate as-is appraised value of the Radius at Harbor Bay Properties is $295,030,000 (excluding any portfolio premium) as of October 23, 2024, which equates to a Cut-Off Date LTV Ratio and LTV Ratio at Maturity of 71.9% and 67.4%. respectively. |
| |
(6) | With respect to Mortgage Loan No. 2, POD Williamsburg, the mortgage loan is part of a whole loan that was co-originated by Citi Real Estate Funding Inc. and JPMorgan Chase Bank, National Association. |
| |
(7) | With respect to Mortgage Loan No. 2, POD Williamsburg, the Mortgaged Property includes three retail tenants, including two restaurants and a nail salon, which collectively represent approximately 4.9% of the Underwritten EGI ($). In addition, the hotel’s food and beverage operation, representing approximately 1.4% of the Underwritten EGI ($), is operated under a lease with the borrower sponsor’s affiliate as the tenant. |
| |
(8) | With respect to Mortgage Loan No. 2, POD Williamsburg, the Mortgaged Property is operated under a hotel management agreement between POD BK Management LLC, as the hotel manager (the "Manager") and the leasehold borrower, which expires in December 2034. The Manager’s members are affiliates of Richard Born and Ira Drukier who together own an approximately 11% indirect equity interest in the borrowers. BD Hotels LLC, jointly owned by Richard Born and Ira Drukier, owns the brand “POD Hotel” and licenses the brand to the Manager. |
| |
(9) | With respect to Mortgage Loan No. 2, POD Williamsburg, the borrowers were required at origination to deposit $105,873 into the Upfront Insurance Reserve ($) in connection with the installment payment plan for the blanket insurance policy (the “Static Insurance Escrow Fund”). The lender is required to apply the funds in the Static Insurance Escrow Fund to the payment of an installment under the blanket insurance policy if not paid by the borrowers prior to delinquency. If at any time either (i) funds from the Static Insurance Escrow Fund have been disbursed, or (ii) the premium for |
| the blanket insurance policy has been increased such that the amount in the Static Insurance Escrow Fund no longer represents 25% of the annual premium for such blanket insurance policy, the borrowers are required to deposit additional funds in the Static Insurance Escrow Fund so that it always contains sufficient funds to cover 25% of the annual premium for the blanket insurance policy. Notwithstanding the foregoing, the lender will waive the requirement for the borrowers to make deposits to the Static Insurance Escrow Fund so long as (a) no event of default has occurred and is continuing, and (b) the borrowers have provided satisfactory evidence that the Mortgaged Property is no longer insured under a blanket insurance policy subject to an installment plan. |
| |
(10) | With respect to Mortgage Loan No. 2, POD Williamsburg, the Mortgaged Property benefits from a 25-year City of New York’s Industrial and Commercial Abatement Program (“ICAP”), which commenced in 2018 and provides 100% tax abatement for the first 16 years of the program before burning off in 10% annual increments until the program’s expiration after 2043. The Mortgage Loan was underwritten based on the abated taxes under the ICAP for the 2024 tax year of $245,441 compared to estimated unabated taxes of $1,331,250. |
| |
(11) | With respect to Mortgage Loan No. 2, POD Williamsburg, the lender of the mezzanine loan (the “Mezzanine Loan”) is an affiliate of the sponsor (the “Mezzanine Lender”), who has executed, along with the borrowers and the lender of the Mortgage Loan, a subordination and standstill agreement (the “Subordination Agreement”). Under the Subordination Agreement, the payments to the Mezzanine Lender are fully subordinated to the Mortgage Loan and may only be made (a) out of the borrowers’ available cash flow after payments due under the Mortgage Loan documents and other related expenses and (b) if no material event of default or a cash sweep event is continuing under the Mortgage Loan documents; provided, however, to the extent no event of default or a cash sweep event is continuing under the Mortgage Loan documents and a capital contribution to the mezzanine borrower is made, the mezzanine borrower will have the option to make a payment in reduction of the mezzanine loan. Additionally under the Subordination Agreement, the Mezzanine Lender may not, without the prior written consent of the lender of the Mortgage Loan, (i) take any enforcement action with respect to the collateral securing the Mezzanine Loan or (ii) assign its rights or obligations under the Subordination Agreement or the Mezzanine Loan documents. |
| |
(12) | With respect to Mortgage Loan No. 2, POD Williamsburg, the related Mortgage Loan documents permit 5-day Grace Period - Default (Days) up to three times during the term of the Mortgage Loan. |
| |
(13) | With respect to Mortgage Loan No. 2, POD Williamsburg, a cash sweep event triggered under the Mortgage Loan documents by the debt service coverage ratio based on the trailing 12-month period being less than 1.35x may be cured if the borrowers deposit cash into an escrow reserve account or deliver a letter of credit, which, in either case, serves as additional collateral for the POD Williamsburg Whole Loan, in an amount of $2,099,571.25 (the “Collateral Deposit Amount”; the foregoing event, the “Collateral Cure Conditions”). On the first monthly payment date in each and every calendar year thereafter that the borrowers elect to deposit the Collateral Deposit Amount in lieu of a cash sweep event, in order for the Collateral Cure Conditions to be deemed to have been satisfied, the borrowers will make an additional deposit of the Collateral Deposit Amount. The lender acknowledges that the collateral referenced in this definition will be returned to the borrowers, provided that no event of default is ongoing, at such time as the debt service coverage ratio based on the trailing 12-month period is at least 1.35x had the borrowers not satisfied the Collateral Cure Conditions (i.e. at such time as the debt service coverage ratio (without taking into account the cash deposit and/or letter of credit) will equal or be greater than 1.35x for three consecutive months). |
| |
(14) | With respect to Mortgage Loan No. 3, Wilshire Office Portfolio, the appraised value represents a hypothetical as-is value for 9460 Wilshire Boulevard Property of $107,600,000. The Appraiser concluded to a Hypothetical Value assuming the outstanding tenant improvements to O’Gara Coach Company, L.L.C ($7,967,950) have already been paid, such amount is included in an upfront reserve for existing TI/LC obligations. The aggregate as-is appraised value of the Wilshire Office Portfolio Properties is $194,000,000 as of October 14, 2024 and October 17, 2024, which equates to a Cut-Off Date LTV Ratio and LTV Ratio at Maturity of 54.1%. |
| |
(15) | With respect to Mortgage Loan No. 4, WAND MHC Portfolio, historical financial information prior to 2023 is not available because two of the WAND MHC Portfolio Properties were acquired at origination of the WAND MHC Portfolio Mortgage Loan. |
| |
(16) | With respect to Mortgage Loan No. 4, WAND MHC Portfolio, the Jefferson Park MHC and the Holiday Village MHC properties include 336 pads on which manufactured homes owned by such borrower affiliate (the “Owned Mobile Homes”) are located, which are master leased to such borrower affiliate (the “WAND MHC Master Tenant”). Each of the related borrowers leases the pads occupied by the Owned Mobile Homes to the WAND MHC Master Tenant under a separate master lease (the “WAND MHC Master Leases”), and the WAND MHC Master Tenant leases the Owned Mobile Homes to the occupants of such Owned Mobile Homes. Pursuant to the WAND MHC Master Leases, the WAND MHC Master Tenant is required to pay the related borrower monthly rent at the prevailing rental rate charged by such borrower to other owners of manufactured homes within the applicable WAND MHC Portfolio Property. The WAND MHC Portfolio Mortgage Loan documents permit up to 40% of all manufactured housing units on the mortgaged properties (in the aggregate) to be owned by the WAND MHC Master Tenant, the borrowers, or other affiliates, provided that such homes must be subject to one of the WAND MHC Master Leases. |
| |
(17) | With respect to Mortgage Loan No. 5, The Brazilian Court Hotel, the Mortgaged Property is comprised of 62 residential condominium units operated as hotel rooms that operate 75 keys through the use of lockout units, as well as two commercial condominium units. The Brazilian Court Hotel Property is an independent hotel that consists primarily of condominium units in a condominium that includes 80 residential condominium units, of which 62 are owned by the borrower and included in the Brazilian Court Hotel Property and 18 are third-party owned, as well as the two commercial condominium units and a hotel condominium unit which is comprised primarily of shared components, including but not limited to structural components that do not support a single unit, the pool, lobby, loading dock and similar areas. Of the third-party owned residential condominium units, nine are part of the hotel’s rental program (subject to the owner's right to occupy such units at certain times) and as such are managed by the borrower sponsor, with income from such rentals allocated 50% to the third-party owners and 50% to the borrower under rental program agreements in effect at origination. Owners of the third-party owned hotel condominium units may withdraw their units from the hotel’s rental program, and accordingly the number of such units that are available may fluctuate year over year. |
| |
(18) | With respect to Mortgage Loan No. 5, The Brazilian Court Hotel, the loan documents require on each monthly payment date occurring in November through April of any calendar year commencing in 2025, a deposit of $373,422 into the seasonality reserve. |
| |
(19) | With respect to Mortgage Loan No. 6, Georgia Multifamily Portfolio, historical financial information prior to the trailing twelve months ended August 31, 2024 is not available because the Georgia Multifamily Portfolio Properties were recently renovated in 2023. |
| |
(20) | With respect to Mortgage Loan No. 6, Georgia Multifamily Portfolio, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily due to the recent renovations and decrease in vacancy across the three properties. |
| |
(21) | With respect to Mortgage Loan No. 7, Welleon, a Grace Period – Late Fee (Days) of five days is permitted once within any consecutive 12-month period. |
| |
(22) | With respect to Mortgage Loan No. 7, Welleon, historical occupancy and historical NOI are unavailable due to recent construction on the Welleon Property that was completed in phases between August 2023 and May 2024. |
| |
(23) | With respect to Mortgage Loan No. 8, Christopher Crossing Apartments, an $8,500,000 mezzanine loan (the “Christopher Crossing Apartments Mezzanine Loan”) was funded by AION Partners concurrently with the origination of such Mortgage Loan. The mezzanine lender advanced $5,500,000 of the Christopher Crossing Apartments Mezzanine Loan to the borrower’s sole member, as the borrower under the Christopher Crossing Apartments Mezzanine Loan (the “Christopher Crossing Apartments Mezzanine Borrower”), at origination, while the remaining $3,000,000 are |
| required to be drawn within the first 18 months of the Christopher Crossing Apartments Mezzanine Loan term and used for capital expenditures, subject to loan-to-value and debt yield tests. The interest rate under the Christopher Crossing Apartments Mezzanine Loan is 14.0% per annum, provided, that, to the extent that rents derived from the operation of the Mortgaged Property are insufficient to pay any monthly interest payment amount due under the Christopher Crossing Apartments Mezzanine Loan after the borrower has made any principal and interest payments due, and funded all required reserves, under the Mortgage Loan by the related payment date, the Christopher Crossing Apartments Mezzanine Loan documents permit the Christopher Crossing Apartments Mezzanine Borrower to defer payment of such monthly interest amount due up to (i) 7.0% per annum during the first 12 months of the Christopher Crossing Apartments Mezzanine Loan term and (ii) 4.0% per annum thereafter, which deferred amounts will be added to the principal on the Christopher Crossing Apartments Mezzanine Loan. |
| |
(24) | With respect to Mortgage Loan No. 10, Riverwalk Business Park, the appraised value represents the “As-Portfolio” Appraised Value for the Riverwalk Business Park Properties of $83,000,000, which reflects a portfolio premium of 0.7%, as of June 1, 2024. The sum of the individual appraised values is $82,400,000, which equates to a Cut-off Date LTV Ratio and LTV Ratio at Maturity of 42.5% and 40.6%, respectively. |
| |
(25) | With respect to Mortgage Loan No. 10, Riverwalk Business Park, the largest tenant, Arrivia, is on a lease through May 31, 2028. Arrivia is currently subleasing approximately 121,351 SF of its space to Equality Health (73,324 SF) through May 2028 and Prosperity Home Mortgage (48,027 SF) through December 2025. Equality Health’s sublease will expand to include the space currently being subleased by Prosperity Home Mortgage in January 2026 upon sublease expiration. Additionally, Equality Health has executed a five-year direct lease with the borrower for the entirety of the 7720 North Dobson Road Property (Arrivia’s space), which will commence in June 2028 and expire in May 2033. The lease expiration date represents Equality Health’s lease expiration. |
| |
(26) | With respect to Mortgage Loan No. 11, Addison Arts Apartments, the Mortgaged Property is operated as a market-rate building, with approximately 89.9% of the units leased to students. All units are rented on a per-unit basis and are not furnished. Parental guarantees are required for tenants who do not meet an income threshold equal to three times the annual rent. |
| |
(27) | With respect to Mortgage Loan No. 12, Falls of Westpark, an upfront earnout reserve in the amount of $2,140,000 was escrowed at origination. Provided no event of default has occurred and is continuing, the earnout reserve funds may be disbursed to the borrower when the Mortgaged Property achieves an earnout debt service coverage ratio (as described in the mortgage loan documents) of at least 1.20x. If the earnout reserve funds have not been disbursed by December 2, 2027, the earnout reserve funds may be partially disbursed in an amount such that the net outstanding Mortgage Loan amount results in an earnout debt service coverage ratio of at least 1.20x. Any outstanding funds remaining in the earnout reserve on December 2, 2027 will be used to partially prepay the Mortgage Loan, subject to required yield maintenance premiums. |
| |
(28) | With respect to Mortgage Loan No. 13, Queens Center, the mortgage loan is part of a whole loan that was co-originated by German American Capital Corporation, Goldman Sachs Bank USA, JPMorgan Chase Bank, National Association, Bank of Montreal and Morgan Stanley Bank, N.A. |
| |
(29) | With respect to Mortgage Loan No. 13, Queens Center, the related loan documents permit an outparcel or other release without prepayment or defeasance. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Releases; Partial Releases; Property Additions” in this prospectus. |
| |
(30) | With respect to Mortgage Loan No. 13, Queens Center, “Yield Maintenance Premium” means, with respect to any Note or Note Component, an amount equal to the greater of the following two amounts: (a) an amount equal to 1% of the amount prepaid; or (b) an amount equal to (i) the amount, if any, by which (x) the sum of the present values as of the prepayment date of all unpaid principal and interest payments on such Note or Note Component required hereunder to the Open Prepayment Date (including the balloon payment assuming the outstanding principal balance of the Loan is due on the Open Prepayment Date), calculated by discounting such payments from the |
| respective dates each such payment was due hereunder (or, with respect to the payment required on the Maturity Date (assuming the outstanding principal balance of the Loan is due on the Open Prepayment Date), from the Open Prepayment Date) back to the prepayment date at a discount rate equal to the Periodic Treasury Yield (defined below) exceeds (y) the outstanding principal balance of such Note or Note Component as of the prepayment date, multiplied by (ii) a fraction whose numerator is the amount prepaid and whose denominator is the outstanding principal balance of such Note or Note Component as of the prepayment date. For purposes of the foregoing, “Periodic Treasury Yield” means the arithmetic mean of the rates published as “Treasury Constant Maturities” as of 5:00 p.m., New York time, for the date on which a prepayment subject to Yield Maintenance Premium is made, as shown on the USD screen of Reuters (or such other page as may replace that page on that service, or such other page or replacement therefor on any successor service), or if such service is not available, the Bloomberg Service (or any successor service), or if neither Reuters nor the Bloomberg Service is available, under Section 504 in the weekly statistical release designated H.15(519) (or any successor publication) published by the Board of Governors of the Federal Reserve System, for “On the Run” U.S. Treasury obligations corresponding to the Open Prepayment Date. If no such maturity will so exactly correspond, yields for the two most closely corresponding published maturities will be calculated pursuant to the foregoing sentence and the Periodic Treasury Yield will be interpolated or extrapolated (as applicable) from such yields on a straight-line basis (rounding, in the case of relevant periods, to the nearest month). Lender’s calculation of the Yield Maintenance Premium, and all component calculations, will be conclusive and binding on the borrower absent manifest error. |
| |
(31) | With respect to Mortgage Loan No. 13, Queens Center, Units/SF does not include 556,724 SF of space associated with Macy’s and JCPenney which are non-collateral anchor tenants. However, a portion of the Mortgaged Property to the west of 92nd Street and the parcel occupied by Macy’s together constitute a single tax lot (the “Shared Tax Lot”). The real estate taxes on the Shared Tax Lot are allocated between Macy’s and one of the two borrowers which owns the Mortgaged Property (the “Property Borrower”) under a reciprocal easement agreement (the “REA”). Under the REA, Macy's pays approximately 40% of the total property taxes assessed against the shared tax lot to the Property Borrower, who then makes the required tax payments to the applicable taxing authority. See “Description of the Mortgage Pool— Real Estate and Other Tax Considerations” in this prospectus for additional information. |
| |
(32) | With respect to Mortgage Loan No. 14, Teller Avenue Portfolio, the related borrowers have applied for, and the mortgaged properties are expected to benefit from, a 35-year 421-a tax abatement under the New York City Department of Housing Preservation and Development (“HPD”) 421-a tax abatement program (the “421-a Tax Abatement Program”). During the first 25 years of the 421-a Tax Abatement Program, each of the Mortgaged Properties are expected to receive a 100% tax exemption and in connection with such exemption the borrowers have agreed to reserve (i) 96.2% of the units at the 80 Clinton Place Mortgaged Property, (ii) 94.7% of the units at the 1433 Teller Avenue Mortgaged Property and (iii) 93.8% units at the 1441 Teller Avenue Mortgaged Property, for tenants, in each case, earning no more than 130% of the area median income (any such restricted units, the “Teller 421-a Affordable Units”). During the last 10 years of the 421-a Tax Abatement Program, a Mortgaged Property’s applicable tax exemption is expected to decrease in an amount equal to the percentage of Teller 421-a Affordable Units at each such Mortgaged Property. The appraiser concluded that the in-place rents for all 58 Teller 421-a Affordable Units are in compliance with the income requirements under the 421-a Tax Abatement Program. The full unabated taxes for the 2024/2025 tax year are: (i) $136,688 compared to the underwritten abated taxes of $1,630 for the 80 Clinton Place Mortgaged Property; (ii) $80,700 compared to the underwritten abated taxes of $5,419 for the 1433 Teller Avenue Mortgaged Property; and (iii) $64,903 compared to the underwritten abated taxes of $1,863 for the 1441 Teller Avenue Mortgaged Property. As of December 24, 2024, the 1441 Teller Avenue Mortgaged Property has received the 421-a tax abatement, while the 80 Clinton Place Mortgaged Property and the 1433 Teller Avenue Mortgaged Property are still awaiting approval of their respective 421-a Tax Abatement Program applications from HPD. At origination, the non-recourse carveout guarantor executed a guaranty for full payment of the Mortgage Loan, which will terminate when all three of the Mortgaged Properties receive the 421-a tax abatement. In addition, the Mortgage Loan will become full recourse if any Mortgaged Property fails to qualify and/or maintain its respective exemption under the 421-a Tax Abatement Program. |
| |
(33) | With respect to Mortgage Loan No. 14, Teller Avenue Portfolio, the Mortgaged Properties are eligible for, and the borrowers lease units through, the New York City Family Homelessness and Eviction Supplement (“CityFHEPS”) program. The CityFHEPS program provides property owners with rental subsidies for leasing units to households with tenants who, among other requirements, have children, earn no more than 200% of the federal poverty level and are in a shelter or at risk of entering a shelter. The subsidy amounts provided by CityFHEPS are published by the Department of Social Services each year and the appraiser concluded that the current in-place rents at the Mortgaged Properties are achievable based on the maximum subsidy amounts. The Mortgage Loan will become full recourse to the borrowers in the event that (i) the Mortgaged Properties or the borrowers fail to remain eligible, in whole or in part, to receive subsidies under the CityFHEPS program and/or (ii) any amendment to or termination of the CityFHEPS program reduces the amount of subsidies paid or payable to the borrowers under the CityFHEPS program. |
| |
(34) | With respect to Mortgage Loan No. 15, The Vesper Apartments, a Grace Period – Late Fee (Days) of five days is permitted once within any consecutive 12-month period. |
| |
(35) | With respect to Mortgage Loan No. 17, The Outlet Collection Seattle, the Mortgage Loan is part of a whole loan that was originated by CREFI. A portion of such whole loan was subsequently acquired by AREF2. |
| |
(36) | With respect to Mortgage Loan No. 17, The Outlet Collection Seattle, a Grace Period – Late Fee (Days) of five days is permitted once in any 366-day period. |
| |
(37) | With respect to Mortgage Loan No. 17, The Outlet Collection Seattle, the largest tenant, FieldhouseUSA, subleases a portion of its space to Fitness Quest and Big Air Trampoline Park. |
| |
(38) | With respect to Mortgage Loan No. 17, The Outlet Collection Seattle, the second largest tenant, Burlington Coat Factory, has the right to terminate its lease at any time upon 12-months’ prior written notice, without payment of a termination fee. |
| |
(39) | With respect to Mortgage Loan No. 19, Circle Business Center, a Grace Period – Late Fee (Days) of five days is permitted once within any consecutive 12-month period. |
| |
(40) | With respect to Mortgage Loan No. 19, Circle Business Center, the fifth largest tenant, College Internship Program, has a one-time option to terminate its lease effective August 14, 2025, by giving no less than 180 days prior written notice to the landlord. |
| |
(41) | With respect to Mortgage Loan No. 20, Brookhill Village, the Mortgaged Property has approximately 22.9% of underwritten vacancy from the expected vacancy by the second largest tenant, American Freight, who will be vacating its premises because of the tenant’s parent level bankruptcy. |
| |
(42) | With respect to Mortgage Loan No. 20, Brookhill Village, the related borrower was required at loan origination to deposit $1,000,000 into the Holdback/Earnout Amount ($) for tenant improvement and leasing commission obligations incurred by the borrower in connection with re-leasing the space that is currently occupied but expected to be vacated by American Freight (the “American Freight Space”). The lender is required to make disbursements in increments of no less than $25,000 on a quarterly basis, subject to certain conditions set forth in the Mortgage Loan documents, including, without limitation, (a) at least 80% of the American Freight Space has been re-leased by the borrower pursuant to one or more Leases reasonably approved by the lender and (b) the debt yield is at least 10.4%. In the event that the American Freight Space is not re-leased within two years of loan origination, the lender has the option to apply the funds to the outstanding principal balance of the Mortgage Loan. Provided the American Freight Space has been re-leased and the related conditions have been satisfied, the remaining funds are required to be disbursed (x) provided no cash sweep period under the Mortgage Loan documents is continuing, to the borrower or (y) if a cash sweep period is continuing, on the next occurring monthly payment date in accordance with the related cash management agreement. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Escrows” in the prospectus for additional information. |
| |
(43) | With respect to Mortgage Loan No. 25, 1165 Station Road, historical financial information is not available because the Mortgaged Property was renovated in 2024. |
| |
(44) | With respect to Mortgage Loan No. 25, 1165 Station Road, the Cut-off Date LTV Ratio (%) is calculated using the As-Is Appraised Value of $9,760,000 as of October 18, 2024, which includes the income from the 25-year solar lease signed with G&S Solar. The tenant has the right to terminate this lease by providing written notice by April 25, 2025 if the appropriate permits have not been obtained or the tenant has not been able to negotiate an interconnection agreement with the local electric utility. The appraiser included a value of $9,210,000 as of October 18, 2024, which assumes that the solar lease agreement will not take effect, and that outstanding landlord obligations will be held in escrow. Based on the aforementioned value, the Cut-off Date LTV Ratio (%) is 69.5%. |
| |
(45) | With respect to Mortgage Loan No. 25, 1165 Station Road, the LTV Ratio at Maturity / ARD (%) is calculated using the As Stabilized Appraised Value of $9,960,000 as of February 1, 2025. |
| |
(46) | With respect to Mortgage Loan No. 25, 1165 Station Road, on each monthly payment date during a material tenant trigger event period, the borrower is required to deposit with the lender the excess cash for tenant allowances, tenant improvements and leasing commissions that may be incurred or required to be reimbursed by the borrower in connection with leasing material tenant space pursuant to qualified leases. |
| |
(47) | With respect to Mortgage Loan No. 27, Guttman Portfolio, historical financial information for the 1392 Nelson Avenue and 3605 Holland Avenue mortgaged properties are not available because the borrower sponsor acquired the mortgaged properties in June 2024 and December 2023, respectively, and undertook gut renovations afterwards. |
| |
(48) | With respect to Mortgage Loan No. 27, Guttman Portfolio, the borrowers have the right at any time after December 18, 2025 and prior to July 6, 2029 to obtain the release of any individual Guttman Portfolio property as long as, among other conditions, (i) the related borrowers partially prepay the loan in an amount equal to the release price of 115% of the allocated loan amount for such property to be released, together with the applicable yield maintenance premium; (ii) no event of default has occurred and is continuing; (iii) the DSCR after the release is not less than the greater of (1) 1.16x and (2) the DSCR immediately preceding such release, and (iv) the LTV ratio after the release is not greater than the lesser of (1) 68.2%, and (2) the LTV immediately preceding such release. |
| |
(49) | With respect to Mortgage Loan No. 28, Seidenfeld Portfolio, historical financial information for the 2811 Heath Avenue and 83 West 174th Street mortgaged properties are not available because the borrower sponsor acquired the mortgaged properties in January 2024 and August 2023, respectively, and undertook gut renovation afterwards. |
| |
(50) | With respect to Mortgage Loan No. 28, Seidenfeld Portfolio, the borrowers have the right at any time after December 9, 2025 and prior to June 6, 2029 to obtain the release of any individual Seidenfeld Portfolio property as long as, among other conditions, (i) the related borrowers partially prepay the loan in an amount equal to the release price of 115% of the allocated loan amount for such property to be released, together with the applicable yield maintenance premium; (ii) no event of default has occurred and is continuing; (iii) the DSCR after the release is not less than the greater of (1) 1.13x and (2) the DSCR immediately preceding such release, and (iv) the LTV ratio after the release is not greater than the lesser of (1) 67.1%, and (2) the LTV immediately preceding such release. |
| |
(51) | With respect to Mortgage Loan No. 30, 3854 Bailey Avenue, historical financial information is not available as construction of the Mortgaged Property was completed in 2024. |
| |
(52) | With respect to Mortgage Loan No. 30, 3854 Bailey Avenue, future mezzanine debt is permitted, subject to the satisfaction of certain conditions including, among others, (i) immediately after giving effect to such debt (x) the combined loan-to-value ratio does not exceed 62.0%, and (y) the combined debt service coverage ratio is equal to or greater than 1.31x; (ii) execution of a subordination and intercreditor agreement reasonably acceptable to the lender, and (iii) receipt of a rating agency confirmation from each applicable rating agency. |
| |
(53) | With respect to Mortgage Loan No. 30, 3854 Bailey Avenue, the Mortgaged Property benefits from a 35-year 421-a tax abatement under the NYC Department of Housing Preservation & Development that commenced in August 2024. In connection with the 421-a tax abatement, the borrower is required to reserve at least 93.33% of the units at the Mortgaged Property for tenants earning up to 130% of the area median income, subject to certain rental restrictions. The 421-a tax abatement provides a 100% tax abatement of any increase in the assessed value of the 3854 Bailey Avenue Property from and after the 2023/2024 New York City tax year for the first 25 years, and a 93.33% exemption over the next 10 years. In year 36, the Mortgaged Property becomes fully taxable. |