FREE WRITING PROSPECTUS FILED PURSUANT TO RULE 433 REGISTRATION FILE NO.: 333-195164-07 |
Wells Fargo Commercial Mortgage Trust 2015-NXS1 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. 333-195164) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com.
Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time.
STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION
The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of Wells Fargo Securities, LLC , Barclays Capital Inc., Natixis Securities Americas LLC, or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.
This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.
Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A. Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC are distinct entities from affiliated banks and thrifts.
IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES
The 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. Prospective investors should understand that, when considering the purchase of the Offered Certificates, a contract of sale will come into being no sooner than the date on which the relevant class of certificates has been priced and the underwriters have confirmed the allocation of certificates to be made to investors; any “indications of interest” expressed by any prospective investor, and any “soft circles” generated by the underwriters, will not create binding contractual obligations for such prospective investors, on the one hand, or the underwriters, the depositor or any of their respective agents or affiliates, on the other hand.
As a result of the foregoing, a prospective investor may commit to purchase certificates that have characteristics that may change, and each prospective investor is advised that all or a portion of the certificates referred to in these materials may be issued without all or certain of the characteristics described in these materials. The underwriters’ obligation to sell certificates to any prospective investor is conditioned on the certificates and the transaction having the characteristics described in these materials. If the underwriters determine that a condition is not satisfied in any material respect, such prospective investor will be notified, and neither the depositor nor the underwriters will have any obligation to such prospective investor to deliver any portion of the Offered Certificates which such prospective investor has committed to purchase, and there will be no liability between the underwriters, the depositor or any of their respective agents or affiliates, on the one hand, and such prospective investor, on the other hand, as a consequence of the non-delivery.
Each prospective investor has requested that the underwriters provide to such prospective investor information in connection with such prospective investor’s consideration of the purchase of the certificates described in these materials. These materials are being provided to each prospective investor for informative purposes only in response to such prospective investor’s specific request. 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) no representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system. | ||
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | Cross Collateralized and Cross Defaulted Loan Flag | Address | City | State | Zip Code | General Property Type | Specific Property Type | Year Built | Year Renovated | Number of Units(2)(3) | Unit of Measure | Cut-off Date Balance Per Unit/SF(2)(4) | Original Balance ($)(4) | Cut-off Date Balance ($)(4)(5) |
1 | Patriots Park | Natixis | 12290, 12300 and 12310 Sunrise Valley Drive | Reston | VA | 20191 | Office | Suburban | 1986 | 2013 | 723,667 | Sq. Ft. | 297 | 95,000,000 | 95,000,000 | |
2 | Eastgate One Phases I-VII & XII | WFB | 4755, 4795, 4835 & 4875 Eastgate Mall; 9515-9890 Towne Centre Drive | San Diego | CA | 92121 | Office | Suburban | 1998 | 2014 | 860,513 | Sq. Ft. | 145 | 50,000,000 | 50,000,000 | |
3 | Stanford Research Park | Natixis | 3175 Hanover Street and 3300 El Camino Real | Palo Alto | CA | 94304 | Office | Suburban | 2000 | 2014 | 129,678 | Sq. Ft. | 667 | 50,000,000 | 50,000,000 | |
4 | Mayfair in the Grove | Natixis | 2911 Grand Avenue | Coconut Grove | FL | 33133 | Mixed Use | Office/Retail | 1977 | 2014 | 278,455 | Sq. Ft. | 146 | 40,750,000 | 40,698,105 | |
5 | Eastgate Two Phases VIII-X | WFB | 4760, 4770, 4780, 4790, 4840, 4810, 4820 & 4830 Eastgate Mall | San Diego | CA | 92121 | Office | Suburban | 1998 | 2014 | 530,436 | Sq. Ft. | 189 | 40,000,000 | 40,000,000 | |
6 | 100 West 57th Street | Natixis | 100 West 57th Street | New York | NY | 10019 | Other | Leased Fee | 25,125 | Sq. Ft. | 7,164 | 35,000,000 | 35,000,000 | |||
7 | 760 & 800 Westchester Avenue | Natixis | 760 and 800 Westchester Avenue | Rye Brook | NY | 10604 | Office | Suburban | 1950 | 2006 | 561,513 | Sq. Ft. | 178 | 35,000,000 | 35,000,000 | |
8 | Best Western Premier Herald Square | Natixis | 48-50 West 36th Street | New York | NY | 10018 | Hospitality | Limited Service | 2013 | 94 | Rooms | 316,200 | 30,062,270 | 29,722,830 | ||
9 | 45 Waterview Boulevard | Natixis | 45 Waterview Boulevard | Parsippany | NJ | 07054 | Office | Suburban | 1997 | 2010 | 106,680 | Sq. Ft. | 251 | 26,800,000 | 26,800,000 | |
10 | Hotel Valencia | Natixis | 150 East Houston Street | San Antonio | TX | 78205 | Hospitality | Full Service | 2003 | 213 | Rooms | 122,066 | 26,000,000 | 26,000,000 | ||
11 | Empire Shopping Center | WFB | 5865, 5867, 5869, 5875, 5879, 5885, 5887, 5891 & 5897 Lone Tree Way | Antioch | CA | 94531 | Retail | Anchored | 2004 | 122,754 | Sq. Ft. | 202 | 24,750,000 | 24,750,000 | ||
12 | Southern Palms | WFB | 1522-1744 East Southern Avenue; 3108-3218 South McClintock Drive | Tempe | AZ | 85282 | Retail | Anchored | 1981 | 241,842 | Sq. Ft. | 101 | 24,350,000 | 24,350,000 | ||
13 | Hotel Andra | Natixis | 2000 4th Avenue | Seattle | WA | 98121 | Hospitality | Full Service | 1926 | 2014 | 119 | Rooms | 319,328 | 24,000,000 | 24,000,000 | |
14 | 607 South Hill Street | Natixis | 607 South Hill Street | Los Angeles | CA | 90014 | Mixed Use | Office/Retail | 1910 | 150,359 | Sq. Ft. | 153 | 23,000,000 | 22,968,798 | ||
15 | 231 West Olive Avenue | WFB | 231 West Olive Avenue | Burbank | CA | 91502 | Office | CBD | 1930 | 1997 | 72,232 | Sq. Ft. | 284 | 20,500,000 | 20,500,000 | |
16 | Colonades II | Natixis | 8510 Colonnade Center Drive | Raleigh | NC | 27615 | Office | Suburban | 2008 | 126,926 | Sq. Ft. | 159 | 20,250,000 | 20,193,372 | ||
17 | 9990 Richmond Avenue | Natixis | 9990 Richmond Avenue | Houston | TX | 77042 | Office | Suburban | 1980 | 2014 | 188,439 | Sq. Ft. | 103 | 19,500,000 | 19,500,000 | |
18 | Whole Foods Cupertino | Natixis | 20955 Stevens Creek Boulevard | Cupertino | CA | 95014 | Retail | Single Tenant | 2007 | 67,613 | Sq. Ft. | 285 | 19,250,000 | 19,250,000 | ||
19 | Sharp Plaza | Natixis | 10 Sharp Plaza | Mahwah | NJ | 07495 | Office | Suburban | 1985 | 2014 | 147,077 | Sq. Ft. | 110 | 16,250,000 | 16,250,000 | |
20 | Naperville Plaza Shopping Center | WFB | 8-192 West Gartner Road | Naperville | IL | 60540 | Retail | Anchored | 1961 | 115,702 | Sq. Ft. | 138 | 16,000,000 | 16,000,000 | ||
21 | Enchanted Woods | WFB | 2020 South 360th Street | Federal Way | WA | 98003 | Multifamily | Garden | 1986 | 217 | Units | 71,889 | 15,600,000 | 15,600,000 | ||
22 | Doheny Village Center | WFB | 34061-34131 Doheny Park Road | Capistrano Beach | CA | 92624 | Retail | Anchored | 1964 | 1986 | 81,283 | Sq. Ft. | 191 | 15,500,000 | 15,500,000 | |
23 | Goshen Crossing | WFB | 20044 Goshen Road | Gaithersburg | MD | 20879 | Other | Leased Fee | 78,456 | Sq. Ft. | 186 | 14,625,000 | 14,625,000 | |||
24 | Gateway Portfolio | Natixis | Various | Various | Various | Various | Retail | Single Tenant | Various | 228,002 | Sq. Ft. | 167 | 14,420,000 | 14,327,736 | ||
24.01 | Eastfield | Natixis | 12330 Eastfield Road | Huntersville | NC | 28078 | Retail | Single Tenant | 2008 | 12,964 | Sq. Ft. | 1,028,391 | 1,021,811 | |||
24.02 | Reames Road | Natixis | 9206 Reames Road | Charlotte | NC | 28216 | Retail | Single Tenant | 2009 | 12,964 | Sq. Ft. | 1,024,638 | 1,018,082 | |||
24.03 | Whitehall | Natixis | 2726 West Arrowood Road | Charlotte | NC | 28273 | Retail | Single Tenant | 2009 | 12,964 | Sq. Ft. | 1,024,638 | 1,018,082 | |||
24.04 | Ballantyne | Natixis | 14325 Ballantyne Meadows Drive | Charlotte | NC | 28277 | Retail | Single Tenant | 2000 | 11,800 | Sq. Ft. | 885,768 | 880,100 | |||
24.05 | Wilmington | Natixis | 7131 Market Street | Wilmington | NC | 28411 | Retail | Single Tenant | 2005 | 12,355 | Sq. Ft. | 882,015 | 876,371 | |||
24.06 | Matthews | Natixis | 3200 McKee Road | Charlotte | NC | 28270 | Retail | Single Tenant | 2005 | 12,355 | Sq. Ft. | 878,261 | 872,642 | |||
24.07 | Columbine | Natixis | 6768 West Ottawa Place | Littleton | CO | 80128 | Retail | Single Tenant | 1999 | 10,400 | Sq. Ft. | 615,534 | 611,595 | |||
24.08 | DTC | Natixis | 9064 East Mineral Avenue | Centennial | CO | 80112 | Retail | Single Tenant | 1999 | 10,400 | Sq. Ft. | 615,534 | 611,595 | |||
24.09 | Mt. Pleasant | Natixis | 891 Johnnie Dodds Boulevard | Mt. Pleasant | SC | 29464 | Retail | Single Tenant | 1996 | 10,100 | Sq. Ft. | 608,027 | 604,137 | |||
24.10 | Broomfield | Natixis | 900 East 1st Avenue | Broomfield | CO | 80020 | Retail | Single Tenant | 1999 | 10,200 | Sq. Ft. | 600,521 | 596,678 | |||
24.11 | Ken Caryl | Natixis | 12633 West Indore Place | Littleton | CO | 80127 | Retail | Single Tenant | 1999 | 10,200 | Sq. Ft. | 600,521 | 596,678 | |||
24.12 | Surfside | Natixis | 2401 Discovery Lane | Surfside | SC | 29578 | Retail | Single Tenant | 1997 | 10,100 | Sq. Ft. | 581,754 | 578,032 | |||
24.13 | Mauldin | Natixis | 798 East Butler Road | Mauldin | SC | 29662 | Retail | Single Tenant | 1997 | 10,100 | Sq. Ft. | 578,001 | 574,303 | |||
24.14 | Charleston | Natixis | 1966 Magwood Drive | Charleston | SC | 29414 | Retail | Single Tenant | 1997 | 10,100 | Sq. Ft. | 578,001 | 574,303 | |||
24.15 | Greenville | Natixis | 8596 Pelham Road | Greenville | SC | 29615 | Retail | Single Tenant | 1998 | 10,100 | Sq. Ft. | 578,001 | 574,303 | |||
24.16 | Summerville | Natixis | 1540 Old Trolley Road | Summerville | SC | 29485 | Retail | Single Tenant | 1999 | 10,100 | Sq. Ft. | 578,001 | 574,303 | |||
24.17 | Northeast | Natixis | 1130 Sparkleberry Lane Extension | Columbia | SC | 29223 | Retail | Single Tenant | 1995 | 10,100 | Sq. Ft. | 574,248 | 570,574 | |||
24.18 | Harbinson | Natixis | 450 Columbiana Drive | Columbia | SC | 29212 | Retail | Single Tenant | 1996 | 10,100 | Sq. Ft. | 566,741 | 563,115 | |||
24.19 | Myrtle Beach | Natixis | 109 West Perry Road | Myrtle Beach | SC | 29579 | Retail | Single Tenant | 1999 | 10,100 | Sq. Ft. | 562,988 | 559,386 | |||
24.20 | Lexington | Natixis | 5307 Sunset Boulevard | Lexington | SC | 29072 | Retail | Single Tenant | 1996 | 10,100 | Sq. Ft. | 559,235 | 555,657 | |||
24.21 | Smoky Hill | Natixis | 5637 South Himalaya Street | Aurora | CO | 80015 | Retail | Single Tenant | 1999 | 10,400 | Sq. Ft. | 499,183 | 495,989 | |||
25 | Concourse-Office | WFB | One Copley Parkway | Morrisville | NC | 27560 | Office | Suburban | 1986 | 130,416 | Sq. Ft. | 101 | 13,130,000 | 13,130,000 | ||
26 | 2400 Veterans Office | WFB | 2400 Veterans Memorial Boulevard | Kenner | LA | 70062 | Office | Suburban | 1983 | 132,566 | Sq. Ft. | 86 | 11,400,000 | 11,400,000 | ||
27 | Payson Village | WFB | 112-254, 160, 210, 230, 300, 404 East State Highway 260 | Payson | AZ | 85541 | Retail | Anchored | 1986 | 140,500 | Sq. Ft. | 79 | 11,156,250 | 11,156,250 | ||
28 | Quadrangle Corporate Park | Natixis | 3500 & 3626 Quadrangle Boulevard | Orlando | FL | 32817 | Office | CBD | 2002 | 2009 | 82,175 | Sq. Ft. | 124 | 10,177,500 | 10,177,500 | |
29 | Canyon Falls | Natixis | 8920-8957 Canyon Falls Boulevard | Twinsburg | OH | 44087 | Office | Suburban | 2000 | 2013 | 94,315 | Sq. Ft. | 107 | 10,130,000 | 10,130,000 | |
30 | Braun Pointe Shopping Center | WFB | 9910 & 9950 West Loop 1604 North | San Antonio | TX | 78254 | Retail | Unanchored | 2008 | 54,327 | Sq. Ft. | 173 | 9,400,000 | 9,400,000 | ||
31 | 303 East Vanderbilt | Natixis | 303 East Vanderbilt Way | San Bernardino | CA | 92408 | Office | Single Tenant | 1987 | 70,000 | Sq. Ft. | 134 | 9,400,000 | 9,360,519 | ||
32 | Homewood Suites Woodlands | WFB | 29813 IH 45 North | Shenandoah | TX | 77381 | Hospitality | Limited Service | 2001 | 91 | Rooms | 102,198 | 9,300,000 | 9,300,000 | ||
33 | Addison Chicago | Natixis | Various | Chicago | IL | 60618 | Office | Medical | Various | Various | 38,960 | Sq. Ft. | 234 | 9,200,000 | 9,128,379 | |
33.01 | 2620 West Addison Street | Natixis | 2620 West Addison Street | Chicago | IL | 60618 | Office | Medical | 1975 | 2008 | 23,960 | Sq. Ft. | 5,800,000 | 5,754,848 | ||
33.02 | 2633 West Addison Street | Natixis | 2633 West Addison Street | Chicago | IL | 60618 | Office | Medical | 1973 | 2012 | 15,000 | Sq. Ft. | 3,400,000 | 3,373,531 | ||
34 | Lambert Palm Industrial | WFB | 601-655 South Palm Street | La Habra | CA | 90631 | Industrial | Flex | 1971 | 2012 | 186,264 | Sq. Ft. | 45 | 8,350,000 | 8,350,000 | |
35 | Town Hall Commons | Natixis | 101 J Morris Commons Lane | Morrisville | NC | 27560 | Office | Suburban | 2003 | 71,168 | Sq. Ft. | 112 | 8,000,000 | 8,000,000 | ||
36 | Shoppes at Fair Oaks | WFB | 64-90 North Fair Oaks Avenue | Pasadena | CA | 91103 | Mixed Use | Retail/Office | 1898 | 2014 | 31,167 | Sq. Ft. | 239 | 7,450,000 | 7,450,000 | |
37 | Monterey Road Marketplace | WFB | 2280, 2284, 2300 Monterey Road | San Jose | CA | 95112 | Retail | Anchored | 2009 | 33,720 | Sq. Ft. | 211 | 7,100,000 | 7,100,000 | ||
38 | 2100 Van Deman Street | Natixis | 2100 Van Deman Street | Baltimore | MD | 21224 | Industrial | Warehouse | 1983 | 2008 | 77,675 | Sq. Ft. | 88 | 6,860,000 | 6,840,848 | |
39 | 2030 Highland Avenue | Natixis | 2030 Highland Avenue | Bethlehem | PA | 18020 | Office | Medical | 1998 | 2012 | 35,200 | Sq. Ft. | 194 | 6,880,000 | 6,821,160 | |
40 | Beechnut Village Shopping Center | Natixis | 8145 Highway 6 South | Houston | TX | 77083 | Retail | Anchored | 1985 | 63,215 | Sq. Ft. | 105 | 6,650,000 | 6,650,000 | ||
41 | Greenview Apartments | Natixis | 10000 Nob Hill Circle | Tamarac | FL | 33321 | Multifamily | Garden | 1986 | 2014 | 129 | Units | 50,127 | 6,500,000 | 6,466,326 | |
42 | Comfort Suites Columbia Gateway | Natixis | 7146 Old Waterloo Road | Elkridge | MD | 21075 | Hospitality | Limited Service | 2004 | 2015 | 83 | Rooms | 76,984 | 6,400,000 | 6,389,635 | |
43 | Chicago Northside Portfolio - Pool 3 | Natixis | Various | Chicago | IL | Various | Multifamily | Various | Various | 56 | Units | 109,751 | 6,152,225 | 6,146,080 | ||
43.01 | 2104 W. Foster Avenue | Natixis | 2104 West Foster Avenue | Chicago | IL | 60625 | Multifamily | Garden | 1952 | 40 | Units | 4,147,988 | 4,143,845 | |||
43.02 | 5073 N. Wolcott Avenue | Natixis | 5073 North Wolcott Avenue | Chicago | IL | 60640 | Multifamily | Mid Rise | 1927 | 16 | Units | 2,004,238 | 2,002,236 | |||
44 | Chicago Northside Portfolio - Pool 2 | Natixis | Various | Chicago | IL | 60625 | Multifamily | Mid Rise | Various | 45 | Units | 134,906 | 6,076,851 | 6,070,782 | ||
44.01 | 4621-25 N. Lincoln & 2259-63 W. Eastwood | Natixis | 4621-25 North Lincoln & 2259-63 West Eastwood | Chicago | IL | 60625 | Multifamily | Mid Rise | 1925 | 29 | Units | 3,878,247 | 3,874,373 | |||
44.02 | 2243-51 W. Eastwood Avenue | Natixis | 2243-51 West Eastwood Avenue | Chicago | IL | 60625 | Multifamily | Mid Rise | 1923 | 16 | Units | 2,198,604 | 2,196,408 | |||
45 | Towncentre Professional | WFB | 1181/1191 Central Boulevard; 4510 O'Hara Avenue | Brentwood | CA | 94513 | Office | Medical | 2002 | 33,671 | Sq. Ft. | 178 | 6,000,000 | 6,000,000 | ||
46 | Hill Road Plaza | WFB | 1111-1221 Hill Road North | Pickerington | OH | 43147 | Retail | Anchored | 1989 | 90,040 | Sq. Ft. | 67 | 6,000,000 | 6,000,000 | ||
47 | Centennial Plaza | Natixis | 2745 West Centennial Parkway | North Las Vegas | NV | 89031 | Retail | Unanchored | 2006 | 43,676 | Sq. Ft. | 134 | 5,850,000 | 5,850,000 | ||
48 | Walgreen - Montgomery, TX | Natixis | 18900 State Highway 105 | Montgomery | TX | 77356 | Retail | Single Tenant | 2008 | 14,820 | Sq. Ft. | 334 | 4,970,000 | 4,948,976 | ||
49 | Chicago Northside Portfolio - Pool 4 | Natixis | Various | Chicago | IL | Various | Multifamily | Mid Rise | Various | 68 | Units | 71,308 | 4,854,000 | 4,848,974 | ||
49.01 | Irving Park | Natixis | 4101-13 North Kedzie Avenue & 3148-56 West Belle Plaine Avenue | Chicago | IL | 60625 | Multifamily | Mid Rise | 1932 | 56 | Units | 3,738,929 | 3,735,058 | |||
49.02 | 7434-38 N. Artesian Avenue | Natixis | 7434-38 North Artesian Avenue | Chicago | IL | 60645 | Multifamily | Mid Rise | 1923 | 12 | Units | 1,115,071 | 1,113,916 | |||
50 | 505 Independence Road | Natixis | 505 Independence Road | East Stroudsburg | PA | 18301 | Office | Medical | 2003 | 25,739 | Sq. Ft. | 187 | 4,860,000 | 4,823,243 | ||
51 | Walgreen - N. San Antonio TX | Natixis | 20800 Highway 281 North | San Antonio | TX | 78258 | Retail | Single Tenant | 2003 | 14,490 | Sq. Ft. | 310 | 4,500,000 | 4,486,809 | ||
52 | Walgreen - Houston TX | Natixis | 17150 FM 529 Road | Houston | TX | 77095 | Retail | Single Tenant | 2003 | 14,560 | Sq. Ft. | 302 | 4,403,400 | 4,390,492 | ||
53 | Walgreen - Cypress, TX | Natixis | 8207 Barker Cypress Road | Cypress | TX | 77433 | Retail | Single Tenant | 2003 | 14,560 | Sq. Ft. | 298 | 4,350,000 | 4,337,249 | ||
54 | Ross Dress for Less - Burbank | WFB | 349 North San Fernando Boulevard | Burbank | CA | 91502 | Retail | Single Tenant | 1947 | 1994 | 34,912 | Sq. Ft. | 122 | 4,250,000 | 4,250,000 | |
55 | Walgreen - Fond Du Lac, WI | Natixis | 20 West Pioneer Road | Fond du Lac | WI | 54935 | Retail | Single Tenant | 2007 | 14,490 | Sq. Ft. | 281 | 4,078,400 | 4,066,445 | ||
56 | Lexington Condo | Natixis | 1595 Lexington Avenue | New York | NY | 10029 | Retail | Single Tenant | 2007 | 5,890 | Sq. Ft. | 679 | 4,000,000 | 4,000,000 | ||
57 | Walgreen - Faribault, MN | Natixis | 612 4th Street NW | Faribault | MN | 55021 | Retail | Single Tenant | 2004 | 14,820 | Sq. Ft. | 251 | 3,741,400 | 3,725,573 | ||
58 | The Glen Apartments | Natixis | 6240 North 63rd Avenue | Glendale | AZ | 85301 | Multifamily | Garden | 1985 | 2006 | 129 | Units | 27,829 | 3,600,000 | 3,589,982 | |
59 | Walgreen - Baton Rouge LA | Natixis | 9983 Bluebonnet Boulevard | Baton Rouge | LA | 70810 | Retail | Single Tenant | 2004 | 14,560 | Sq. Ft. | 237 | 3,469,200 | 3,454,862 | ||
60 | 961 Highway 20 and 81 | Natixis | 961 Highway 20 and 81 West | McDonough | GA | 30253 | Retail | Single Tenant | 2004 | 13,813 | Sq. Ft. | 227 | 3,150,000 | 3,130,595 | ||
61 | Interchange Parkway Warehouse | WFB | 8102-8146 Interchange Parkway | San Antonio | TX | 78218 | Industrial | Warehouse | 1975 | 92,318 | Sq. Ft. | 31 | 2,900,000 | 2,900,000 | ||
62 | 1550 Kennesaw Due West Road | Natixis | 1550 Kennesaw Due West Road | Kennesaw | GA | 30152 | Retail | Single Tenant | 2004 | 10,908 | Sq. Ft. | 237 | 2,600,000 | 2,587,695 | ||
63 | Brodheadsville Holdings | Natixis | 111 Switzgabel Drive | Brodheadsville | PA | 18322 | Office | Medical | 2002 | 12,000 | Sq. Ft. | 206 | 2,490,000 | 2,471,168 | ||
64 | 202 Scuffletown Road | Natixis | 202 Scuffletown Road | Simpsonville | SC | 29681 | Retail | Single Tenant | 2004 | 10,908 | Sq. Ft. | 223 | 2,450,000 | 2,429,349 | ||
65 | Breen Apartments | Natixis | 3804, 3806, 3808, 3810, 3812, and 3814 Southway Drive | Austin | TX | 78704 | Multifamily | Garden | 1971 | 2014 | 32 | Units | 63,719 | 2,050,000 | 2,039,016 | |
66 | Family Dollar | Natixis | Various | Various | Various | Various | Retail | Single Tenant | Various | 17,500 | Sq. Ft. | 114 | 2,000,000 | 1,990,405 | ||
66.01 | 3403 Elvis Presley Boulevard | Natixis | 3403 Elvis Presley Boulevard | Memphis | TN | 38116 | Retail | Single Tenant | 2013 | 9,180 | Sq. Ft. | 1,100,000 | 1,094,723 | |||
66.02 | 1608 Douglass Road | Natixis | 1608 Douglass Road | Nacogdoches | TX | 75964 | Retail | Single Tenant | 2014 | 8,320 | Sq. Ft. | 900,000 | 895,682 | |||
67 | 5270 Elmore Avenue | WFB | 5270 Elmore Avenue | Davenport | IA | 52807 | Retail | Shadow Anchored | 2004 | 2011 | 11,142 | Sq. Ft. | 162 | 1,800,000 | 1,800,000 | |
68 | Eastern Shore Promenade | WFB | 9912 Dimitrios Avenue | Daphne | AL | 36526 | Retail | Shadow Anchored | 2008 | 8,000 | Sq. Ft. | 200 | 1,600,000 | 1,600,000 |
A-1-1 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | % of Aggregate Cut-off Date Balance | Maturity Date or ARD Balloon Payment ($)(5) | ARD Loan | Origination Date | First Pay Date | Last IO Pay Date | First P&I Pay Date | Maturity Date or Anticipated Repayment Date | ARD Loan Maturity Date | Gross Mortgage Rate | Trust Advisor Fee Rate | Certificate Administrator Fee Rate | Servicing Fee | CREFC® IP Royalty License Fee Rate | Net Mortgage Rate | Interest Accrual Method | Monthly P&I Payment ($)(5) | Amortization Type(6) | Interest Accrual Method During IO | Original Term to Maturity or ARD (Mos.) | Remaining Term to Maturity or ARD (Mos.) | Original IO Period (Mos.)(6) | Remaining IO Period (Mos.) | Original Amort Term (Mos.) | Remaining Amort Term (Mos.) | Seasoning |
1 | Patriots Park | 9.9% | 95,000,000 | Y | 10/2/2014 | 11/5/2014 | 10/5/2019 | 10/5/2019 | 3/5/2033 | 3.65800% | 0.00200% | 0.00480% | 0.01250% | 0.00050% | 3.63820% | Actual/360 | 294,418.19 | Interest-only, ARD | Actual/360 | 60 | 54 | 60 | 54 | 0 | 0 | 6 | |
2 | Eastgate One Phases I-VII & XII | 5.2% | 45,208,741 | N | 3/24/2015 | 5/11/2015 | 4/11/2020 | 5/11/2020 | 4/11/2025 | 3.78500% | 0.00000% | 0.00480% | 0.02000% | 0.00050% | 3.75970% | Actual/360 | 232,551.93 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | |
3 | Stanford Research Park | 5.2% | 50,000,000 | N | 6/4/2014 | 7/5/2014 | 1/5/2025 | 1/5/2025 | 4.67200% | 0.00200% | 0.00480% | 0.01250% | 0.00050% | 4.65220% | Actual/360 | 197,911.11 | Interest-only, Balloon | Actual/360 | 127 | 117 | 127 | 117 | 0 | 0 | 10 | ||
4 | Mayfair in the Grove | 4.3% | 32,609,343 | N | 2/20/2015 | 4/5/2015 | 4/5/2015 | 3/5/2025 | 4.20000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.17270% | Actual/360 | 199,274.50 | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | |||
5 | Eastgate Two Phases VIII-X | 4.2% | 36,154,332 | N | 3/24/2015 | 5/11/2015 | 4/11/2020 | 5/11/2020 | 4/11/2025 | 3.76500% | 0.00000% | 0.00480% | 0.02000% | 0.00050% | 3.73970% | Actual/360 | 185,586.86 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | |
6 | 100 West 57th Street | 3.7% | 35,000,000 | Y | 11/5/2014 | 12/5/2014 | 11/5/2019 | 11/5/2019 | 4/5/2035 | 2.30690% | 0.00000% | 0.00480% | 0.01250% | 0.00050% | 2.28910% | Actual/360 | 68,405.99 | Interest-only, ARD | Actual/360 | 60 | 55 | 60 | 55 | 0 | 0 | 5 | |
7 | 760 & 800 Westchester Avenue | 3.7% | 32,201,437 | N | 10/8/2014 | 12/5/2014 | 11/5/2019 | 12/5/2019 | 11/5/2024 | 4.69480% | 0.00200% | 0.00480% | 0.01250% | 0.00050% | 4.67500% | Actual/360 | 181,002.83 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 115 | 60 | 55 | 360 | 360 | 5 | |
8 | Best Western Premier Herald Square | 3.1% | 24,622,063 | N | 5/15/2014 | 7/5/2014 | 7/5/2014 | 6/5/2024 | 4.86000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.83270% | Actual/360 | 158,940.22 | Amortizing Balloon | 120 | 110 | 0 | 0 | 359 | 349 | 10 | |||
9 | 45 Waterview Boulevard | 2.8% | 26,800,000 | Y | 10/15/2014 | 12/5/2014 | 11/5/2019 | 11/5/2019 | 8/31/2027 | 3.63000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 3.60270% | Actual/360 | 82,421.17 | Interest-only, ARD | Actual/360 | 60 | 55 | 60 | 55 | 0 | 0 | 5 | |
10 | Hotel Valencia | 2.7% | 23,663,814 | N | 3/20/2015 | 5/5/2015 | 4/5/2020 | 5/5/2020 | 4/5/2025 | 4.17000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.14270% | Actual/360 | 126,689.63 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | |
11 | Empire Shopping Center | 2.6% | 22,461,568 | N | 3/31/2015 | 5/11/2015 | 4/11/2020 | 5/11/2020 | 4/11/2025 | 4.00000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 3.97270% | Actual/360 | 118,160.29 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | |
12 | Southern Palms | 2.5% | 21,059,100 | N | 4/2/2015 | 5/11/2015 | 4/11/2018 | 5/11/2018 | 4/11/2025 | 3.99000% | 0.00200% | 0.00480% | 0.04000% | 0.00050% | 3.94270% | Actual/360 | 116,110.29 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 36 | 36 | 360 | 360 | 0 | |
13 | Hotel Andra | 2.5% | 21,823,753 | N | 12/23/2014 | 2/5/2015 | 1/5/2020 | 2/5/2020 | 1/5/2025 | 4.11000% | 0.00200% | 0.00480% | 0.01250% | 0.00050% | 4.09020% | Actual/360 | 116,106.88 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 117 | 60 | 57 | 360 | 360 | 3 | |
14 | 607 South Hill Street | 2.4% | 18,211,356 | N | 2/11/2015 | 4/5/2015 | 4/5/2015 | 3/5/2025 | 3.90600% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 3.87870% | Actual/360 | 108,562.76 | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | |||
15 | 231 West Olive Avenue | 2.1% | 18,667,350 | N | 3/27/2015 | 5/11/2015 | 4/11/2020 | 5/11/2020 | 4/11/2025 | 4.20000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.17270% | Actual/360 | 100,248.52 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | |
16 | Colonades II | 2.1% | 16,331,376 | N | 1/14/2015 | 3/5/2015 | 3/5/2015 | 2/5/2025 | 4.43000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.40270% | Actual/360 | 101,763.25 | Amortizing Balloon | 120 | 118 | 0 | 0 | 360 | 358 | 2 | |||
17 | 9990 Richmond Avenue | 2.0% | 17,788,047 | N | 12/19/2014 | 2/5/2015 | 1/5/2020 | 2/5/2020 | 1/5/2025 | 4.30000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.27270% | Actual/360 | 96,499.93 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 117 | 60 | 57 | 360 | 360 | 3 | |
18 | Whole Foods Cupertino | 2.0% | 16,369,406 | Y | 11/10/2014 | 1/5/2015 | 12/5/2016 | 1/5/2017 | 12/5/2024 | 1/5/2030 | 4.34000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.31270% | Actual/360 | 95,715.43 | Interest-only, Amortizing ARD | Actual/360 | 120 | 116 | 24 | 20 | 360 | 360 | 4 |
19 | Sharp Plaza | 1.7% | 13,071,828 | N | 3/17/2015 | 5/5/2015 | 5/5/2015 | 4/5/2025 | 4.35000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.32270% | Actual/360 | 80,894.42 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | |||
20 | Naperville Plaza Shopping Center | 1.7% | 6,470,618 | N | 3/31/2015 | 5/11/2015 | 5/11/2015 | 4/11/2025 | 3.86000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 3.83270% | Actual/360 | 117,230.69 | Amortizing Balloon | 120 | 120 | 0 | 0 | 180 | 180 | 0 | |||
21 | Enchanted Woods | 1.6% | 15,600,000 | N | 4/7/2015 | 5/11/2015 | 4/11/2022 | 4/11/2022 | 4.05000% | 0.00200% | 0.00480% | 0.05000% | 0.00050% | 3.99270% | Actual/360 | 53,527.50 | Interest-only, Balloon | Actual/360 | 84 | 84 | 84 | 84 | 0 | 0 | 0 | ||
22 | Doheny Village Center | 1.6% | 13,457,313 | N | 4/1/2015 | 5/11/2015 | 4/11/2018 | 5/11/2018 | 4/11/2025 | 4.15000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.12270% | Actual/360 | 75,346.02 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 36 | 36 | 360 | 360 | 0 | |
23 | Goshen Crossing | 1.5% | 12,111,952 | N | 4/7/2015 | 5/11/2015 | 10/11/2016 | 11/11/2016 | 4/11/2025 | 3.90000% | 0.00200% | 0.00480% | 0.06000% | 0.00050% | 3.83270% | Actual/360 | 68,981.47 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 18 | 18 | 360 | 360 | 0 | |
24 | Gateway Portfolio | 1.5% | 11,694,558 | N | 10/31/2014 | 12/5/2014 | 12/5/2014 | 11/5/2024 | 4.59000% | 0.00000% | 0.00480% | 0.01250% | 0.00050% | 4.57220% | Actual/360 | 73,837.16 | Amortizing Balloon | 120 | 115 | 0 | 0 | 360 | 355 | 5 | |||
24.01 | Eastfield | 0.1% | |||||||||||||||||||||||||
24.02 | Reames Road | 0.1% | |||||||||||||||||||||||||
24.03 | Whitehall | 0.1% | |||||||||||||||||||||||||
24.04 | Ballantyne | 0.1% | |||||||||||||||||||||||||
24.05 | Wilmington | 0.1% | |||||||||||||||||||||||||
24.06 | Matthews | 0.1% | |||||||||||||||||||||||||
24.07 | Columbine | 0.1% | |||||||||||||||||||||||||
24.08 | DTC | 0.1% | |||||||||||||||||||||||||
24.09 | Mt. Pleasant | 0.1% | |||||||||||||||||||||||||
24.10 | Broomfield | 0.1% | |||||||||||||||||||||||||
24.11 | Ken Caryl | 0.1% | |||||||||||||||||||||||||
24.12 | Surfside | 0.1% | |||||||||||||||||||||||||
24.13 | Mauldin | 0.1% | |||||||||||||||||||||||||
24.14 | Charleston | 0.1% | |||||||||||||||||||||||||
24.15 | Greenville | 0.1% | |||||||||||||||||||||||||
24.16 | Summerville | 0.1% | |||||||||||||||||||||||||
24.17 | Northeast | 0.1% | |||||||||||||||||||||||||
24.18 | Harbinson | 0.1% | |||||||||||||||||||||||||
24.19 | Myrtle Beach | 0.1% | |||||||||||||||||||||||||
24.20 | Lexington | 0.1% | |||||||||||||||||||||||||
24.21 | Smoky Hill | 0.1% | |||||||||||||||||||||||||
25 | Concourse-Office | 1.4% | 11,497,251 | N | 3/10/2015 | 4/11/2015 | 3/11/2018 | 4/11/2018 | 3/11/2025 | 4.51000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.48270% | Actual/360 | 66,605.82 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 36 | 35 | 360 | 360 | 1 | |
26 | 2400 Veterans Office | 1.2% | 9,367,817 | N | 4/7/2015 | 5/11/2015 | 4/11/2016 | 5/11/2016 | 4/11/2025 | 4.11000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.08270% | Actual/360 | 55,150.77 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 12 | 12 | 360 | 360 | 0 | |
27 | Payson Village | 1.2% | 9,660,267 | N | 4/2/2015 | 5/11/2015 | 4/11/2018 | 5/11/2018 | 4/11/2025 | 4.04000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.01270% | Actual/360 | 53,519.23 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 36 | 36 | 360 | 360 | 0 | |
28 | Quadrangle Corporate Park | 1.1% | 8,168,048 | N | 12/31/2014 | 2/5/2015 | 1/5/2017 | 2/5/2017 | 1/5/2025 | 4.73100% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.70370% | Actual/360 | 57,912.53 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 117 | 24 | 21 | 300 | 300 | 3 | |
29 | Canyon Falls | 1.1% | 8,611,003 | N | 1/26/2015 | 3/5/2015 | 2/5/2017 | 3/5/2017 | 2/5/2025 | 4.33000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.30270% | Actual/360 | 50,309.08 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 24 | 22 | 360 | 360 | 2 | |
30 | Braun Pointe Shopping Center | 1.0% | 7,954,372 | N | 3/16/2015 | 5/11/2015 | 4/11/2017 | 5/11/2017 | 4/11/2025 | 4.16000% | 0.00200% | 0.00480% | 0.05000% | 0.00050% | 4.10270% | Actual/360 | 45,748.43 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 24 | 24 | 360 | 360 | 0 | |
31 | 303 East Vanderbilt | 1.0% | 7,515,321 | N | 12/22/2014 | 2/5/2015 | 2/5/2015 | 1/5/2025 | 4.18000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.15270% | Actual/360 | 45,857.95 | Amortizing Balloon | 120 | 117 | 0 | 0 | 360 | 357 | 3 | |||
32 | Homewood Suites Woodlands | 1.0% | 7,983,146 | N | 3/13/2015 | 5/11/2015 | 4/11/2017 | 5/11/2017 | 4/11/2025 | 4.69000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.66270% | Actual/360 | 48,177.43 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 24 | 24 | 360 | 360 | 0 | |
33 | Addison Chicago | 1.0% | 5,672,461 | N | 12/30/2014 | 2/5/2015 | 2/5/2015 | 1/5/2025 | 4.47000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.44270% | Actual/360 | 58,054.87 | Amortizing Balloon | 120 | 117 | 0 | 0 | 240 | 237 | 3 | |||
33.01 | 2620 West Addison Street | 0.6% | |||||||||||||||||||||||||
33.02 | 2633 West Addison Street | 0.4% | |||||||||||||||||||||||||
34 | Lambert Palm Industrial | 0.9% | 7,244,348 | N | 3/31/2015 | 5/11/2015 | 4/11/2018 | 5/11/2018 | 4/11/2025 | 4.12000% | 0.00200% | 0.00480% | 0.05000% | 0.00050% | 4.06270% | Actual/360 | 40,444.00 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 36 | 36 | 360 | 360 | 0 | |
35 | Town Hall Commons | 0.8% | 6,390,081 | N | 3/11/2015 | 5/5/2015 | 5/5/2015 | 4/5/2025 | 4.15000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.12270% | Actual/360 | 38,888.27 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | |||
36 | Shoppes at Fair Oaks | 0.8% | 5,944,391 | N | 4/2/2015 | 5/11/2015 | 5/11/2015 | 4/11/2025 | 4.12000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.09270% | Actual/360 | 36,084.77 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | |||
37 | Monterey Road Marketplace | 0.7% | 7,100,000 | N | 4/1/2015 | 5/11/2015 | 4/11/2025 | 4/11/2025 | 4.04000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.01270% | Actual/360 | 24,301.72 | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | ||
38 | 2100 Van Deman Street | 0.7% | 5,534,419 | N | 1/15/2015 | 3/5/2015 | 3/5/2015 | 2/5/2025 | 4.44000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.41270% | Actual/360 | 34,514.48 | Amortizing Balloon | 120 | 118 | 0 | 0 | 360 | 358 | 2 | |||
39 | 2030 Highland Avenue | 0.7% | 5,735,393 | N | 7/25/2014 | 9/5/2014 | 9/5/2014 | 8/5/2024 | 5.43000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 5.40270% | Actual/360 | 38,762.26 | Amortizing Balloon | 120 | 112 | 0 | 0 | 360 | 352 | 8 | |||
40 | Beechnut Village Shopping Center | 0.7% | 5,696,916 | N | 1/21/2015 | 3/5/2015 | 2/5/2017 | 3/5/2017 | 2/5/2025 | 4.62000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.59270% | Actual/360 | 34,170.38 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 24 | 22 | 360 | 360 | 2 | |
41 | Greenview Apartments | 0.7% | 5,253,727 | N | 12/1/2014 | 1/5/2015 | 1/5/2015 | 12/5/2024 | 4.49000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.46270% | Actual/360 | 32,895.93 | Amortizing Balloon | 120 | 116 | 0 | 0 | 360 | 356 | 4 | |||
42 | Comfort Suites Columbia Gateway | 0.7% | 4,737,376 | N | 2/6/2015 | 4/5/2015 | 4/5/2015 | 3/5/2025 | 4.72000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.69270% | Actual/360 | 36,377.17 | Amortizing Balloon | 120 | 119 | 0 | 0 | 300 | 299 | 1 | |||
43 | Chicago Northside Portfolio - Pool 3 | 0.6% | 5,234,222 | N | 3/5/2014 | 4/5/2014 | 3/5/2015 | 4/5/2015 | 3/5/2024 | 5.26000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 5.23270% | Actual/360 | 34,010.93 | Amortizing Balloon | 120 | 107 | 12 | 0 | 360 | 359 | 13 | ||
43.01 | 2104 W. Foster Avenue | 0.4% | |||||||||||||||||||||||||
43.02 | 5073 N. Wolcott Avenue | 0.2% | |||||||||||||||||||||||||
44 | Chicago Northside Portfolio - Pool 2 | 0.6% | 5,170,094 | N | 3/5/2014 | 4/5/2014 | 3/5/2015 | 4/5/2015 | 3/5/2024 | 5.26000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 5.23270% | Actual/360 | 33,594.25 | Amortizing Balloon | 120 | 107 | 12 | 0 | 360 | 359 | 13 | ||
44.01 | 4621-25 N. Lincoln & 2259-63 W. Eastwood | 0.4% | |||||||||||||||||||||||||
44.02 | 2243-51 W. Eastwood Avenue | 0.2% | |||||||||||||||||||||||||
45 | Towncentre Professional | 0.6% | 5,454,468 | N | 4/1/2015 | 5/11/2015 | 4/11/2020 | 5/11/2020 | 4/11/2025 | 4.10000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.07270% | Actual/360 | 28,991.90 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | |
46 | Hill Road Plaza | 0.6% | 5,190,459 | N | 4/1/2015 | 5/11/2015 | 5/11/2015 | 4/11/2022 | 4.00000% | 0.00200% | 0.00480% | 0.06000% | 0.00050% | 3.93270% | Actual/360 | 28,644.92 | Amortizing Balloon | 84 | 84 | 0 | 0 | 360 | 360 | 0 | |||
47 | Centennial Plaza | 0.6% | 5,850,000 | N | 2/19/2015 | 4/5/2015 | 3/5/2025 | 3/5/2025 | 4.14000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.11270% | Actual/360 | 20,518.88 | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | ||
48 | Walgreen - Montgomery, TX | 0.5% | 3,967,876 | Y | 12/18/2014 | 2/5/2015 | 2/5/2015 | 1/5/2025 | 1/5/2035 | 4.14000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.11270% | Actual/360 | 24,130.42 | Amortizing ARD | 120 | 117 | 0 | 0 | 360 | 357 | 3 | ||
49 | Chicago Northside Portfolio - Pool 4 | 0.5% | 4,112,124 | N | 3/5/2014 | 4/5/2014 | 3/5/2015 | 4/5/2015 | 3/5/2024 | 5.11000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 5.08270% | Actual/360 | 26,384.62 | Amortizing Balloon | 120 | 107 | 12 | 0 | 360 | 359 | 13 | ||
49.01 | Irving Park | 0.4% | |||||||||||||||||||||||||
49.02 | 7434-38 N. Artesian Avenue | 0.1% | |||||||||||||||||||||||||
50 | 505 Independence Road | 0.5% | 4,051,087 | N | 8/12/2014 | 10/5/2014 | 10/5/2014 | 9/5/2024 | 5.43000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 5.40270% | Actual/360 | 27,381.48 | Amortizing Balloon | 120 | 113 | 0 | 0 | 360 | 353 | 7 | |||
51 | Walgreen - N. San Antonio TX | 0.5% | 3,592,435 | Y | 1/8/2015 | 3/5/2015 | 3/5/2015 | 2/5/2025 | 2/5/2035 | 4.14000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.11270% | Actual/360 | 21,848.47 | Amortizing ARD | 120 | 118 | 0 | 0 | 360 | 358 | 2 | ||
52 | Walgreen - Houston TX | 0.5% | 3,515,317 | Y | 1/8/2015 | 3/5/2015 | 3/5/2015 | 2/5/2025 | 2/5/2035 | 4.14000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.11270% | Actual/360 | 21,379.46 | Amortizing ARD | 120 | 118 | 0 | 0 | 360 | 358 | 2 | ||
53 | Walgreen - Cypress, TX | 0.5% | 3,472,687 | Y | 1/8/2015 | 3/5/2015 | 3/5/2015 | 2/5/2025 | 2/5/2035 | 4.14000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.11270% | Actual/360 | 21,120.19 | Amortizing ARD | 120 | 118 | 0 | 0 | 360 | 358 | 2 | ||
54 | Ross Dress for Less - Burbank | 0.4% | 3,857,037 | N | 4/1/2015 | 5/11/2015 | 4/11/2020 | 5/11/2020 | 4/11/2025 | 4.00000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 3.97270% | Actual/360 | 20,290.15 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | |
55 | Walgreen - Fond Du Lac, WI | 0.4% | 3,255,863 | Y | 1/9/2015 | 3/5/2015 | 3/5/2015 | 2/5/2025 | 2/5/2035 | 4.14000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.11270% | Actual/360 | 19,801.51 | Amortizing ARD | 120 | 118 | 0 | 0 | 360 | 358 | 2 | ||
56 | Lexington Condo | 0.4% | 3,649,735 | N | 2/13/2015 | 4/5/2015 | 3/5/2020 | 4/5/2020 | 3/5/2025 | 4.32000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.29270% | Actual/360 | 19,841.86 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 60 | 59 | 360 | 360 | 1 | |
57 | Walgreen - Faribault, MN | 0.4% | 2,987,004 | Y | 12/23/2014 | 2/5/2015 | 2/5/2015 | 1/5/2025 | 1/5/2035 | 4.14000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.11270% | Actual/360 | 18,165.31 | Amortizing ARD | 120 | 117 | 0 | 0 | 360 | 357 | 3 | ||
58 | The Glen Apartments | 0.4% | 3,291,986 | N | 2/5/2015 | 3/5/2015 | 3/5/2015 | 2/5/2020 | 4.46000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.43270% | Actual/360 | 18,155.21 | Amortizing Balloon | 60 | 58 | 0 | 0 | 360 | 358 | 2 | |||
59 | Walgreen - Baton Rouge LA | 0.4% | 2,782,469 | Y | 12/29/2014 | 2/5/2015 | 2/5/2015 | 1/5/2025 | 1/5/2035 | 4.27000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.24270% | Actual/360 | 17,107.02 | Amortizing ARD | 120 | 117 | 0 | 0 | 360 | 357 | 3 | ||
60 | 961 Highway 20 and 81 | 0.3% | 2,571,924 | N | 10/14/2014 | 12/5/2014 | 12/5/2014 | 11/5/2024 | 4.79000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.76270% | Actual/360 | 16,507.92 | Amortizing Balloon | 120 | 115 | 0 | 0 | 360 | 355 | 5 | |||
61 | Interchange Parkway Warehouse | 0.3% | 2,316,404 | N | 3/19/2015 | 5/11/2015 | 5/11/2015 | 4/11/2025 | 4.15000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.12270% | Actual/360 | 14,097.00 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | |||
62 | 1550 Kennesaw Due West Road | 0.3% | 2,134,964 | N | 11/12/2014 | 1/5/2015 | 1/5/2015 | 12/5/2024 | 4.96000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.93270% | Actual/360 | 13,893.87 | Amortizing Balloon | 120 | 116 | 0 | 0 | 360 | 356 | 4 | |||
63 | Brodheadsville Holdings | 0.3% | 2,075,557 | N | 8/12/2014 | 10/5/2014 | 10/5/2014 | 9/5/2024 | 5.43000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 5.40270% | Actual/360 | 14,028.78 | Amortizing Balloon | 120 | 113 | 0 | 0 | 360 | 353 | 7 | |||
64 | 202 Scuffletown Road | 0.3% | 1,826,489 | N | 10/10/2014 | 12/5/2014 | 12/5/2014 | 11/5/2024 | 4.92000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.89270% | Actual/360 | 14,208.49 | Amortizing Balloon | 120 | 115 | 0 | 0 | 300 | 295 | 5 | |||
65 | Breen Apartments | 0.2% | 1,713,018 | N | 10/23/2014 | 12/5/2014 | 12/5/2014 | 11/5/2024 | 5.51000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 5.48270% | Actual/360 | 11,652.54 | Amortizing Balloon | 120 | 115 | 0 | 0 | 360 | 355 | 5 | |||
66 | Family Dollar | 0.2% | 1,638,498 | N | 11/21/2014 | 1/5/2015 | 1/5/2015 | 12/5/2024 | 4.89000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 4.86270% | Actual/360 | 10,602.38 | Amortizing Balloon | 120 | 116 | 0 | 0 | 360 | 356 | 4 | |||
66.01 | 3403 Elvis Presley Boulevard | 0.1% | |||||||||||||||||||||||||
66.02 | 1608 Douglass Road | 0.1% | |||||||||||||||||||||||||
67 | 5270 Elmore Avenue | 0.2% | 1,439,305 | N | 3/12/2015 | 5/11/2015 | 5/11/2015 | 4/11/2025 | 4.18000% | 0.00200% | 0.00480% | 0.05000% | 0.00050% | 4.12270% | Actual/360 | 8,781.31 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | |||
68 | Eastern Shore Promenade | 0.2% | 1,272,068 | N | 3/17/2015 | 5/11/2015 | 5/11/2015 | 4/11/2025 | 4.02000% | 0.00200% | 0.00480% | 0.02000% | 0.00050% | 3.99270% | Actual/360 | 7,657.10 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 |
A-1-2 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Prepayment Provisions | Grace Period Default (Days) | Grace Period Late (Days) | Appraised Value ($) | Appraisal Date | Coop -Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Units | Coop - Sponsor Carry | Coop - Committed Secondary Debt | U/W NOIDSCR (x)(4)(5) | U/W NCF DSCR (x)(4)(5) | Cut-off Date LTV Ratio(4) | LTV Ratio at Maturity or ARD(4) | Cut-off Date U/W NOI Debt Yield(4) | Cut-off Date U/W NCF Debt Yield(4) | U/W Revenues ($) | U/W Expenses ($) | U/W Net Operating Income ($) | U/W Replacement ($) |
1 | Patriots Park | GRTR 1% or YM(30),GRTR 1% or YM or D(26),O(4) | 0 | 0 | 322,000,000 | 7/14/2014 | 2.20 | 2.18 | 66.8% | 66.8% | 8.2% | 8.1% | 25,241,098 | 7,672,221 | 17,568,877 | 108,550 | ||||||||
2 | Eastgate One Phases I-VII & XII | L(23),GRTR 1% or YM(1),GRTR 1% or YM or D(91),O(5) | 0 | 0 | 259,000,000 | 2/25/2015 | 1.98 | 1.79 | 48.3% | 43.6% | 11.0% | 10.0% | 18,427,881 | 4,645,519 | 13,782,363 | 395,836 | ||||||||
3 | Stanford Research Park | L(34),D(89),O(4) | 0 | 0 | 138,000,000 | 1/30/2015 | 1.98 | 1.95 | 62.7% | 62.7% | 9.4% | 9.3% | 11,571,768 | 3,438,839 | 8,132,928 | 19,452 | ||||||||
4 | Mayfair in the Grove | L(25),D(92),O(3) | 0 | 0 | 58,000,000 | 1/13/2015 | 1.68 | 1.53 | 70.2% | 56.2% | 9.8% | 9.0% | 7,144,048 | 3,138,540 | 4,005,509 | 57,191 | ||||||||
5 | Eastgate Two Phases VIII-X | L(23),GRTR 1% or YM(1),GRTR 1% or YM or D(91),O(5) | 0 | 0 | 178,000,000 | 2/25/2015 | 1.81 | 1.66 | 56.2% | 50.8% | 10.1% | 9.2% | 13,219,531 | 3,163,053 | 10,056,478 | 164,435 | ||||||||
6 | 100 West 57th Street | L(29),D(27),O(4) | 0 | 0 | 300,000,000 | 8/1/2014 | 1.00 | 1.00 | 60.0% | 60.0% | 2.3% | 2.3% | 4,213,128 | 0 | 4,213,128 | 0 | ||||||||
7 | 760 & 800 Westchester Avenue | L(29),D(88),O(3) | 0 | 0 | 151,000,000 | 4/7/2014 | 1.40 | 1.31 | 66.2% | 60.9% | 8.7% | 8.1% | 15,373,428 | 6,680,691 | 8,692,737 | 100,000 | ||||||||
8 | Best Western Premier Herald Square | L(34),D(83),O(3) | 0 | 0 | 46,800,000 | 11/5/2014 | 1.92 | 1.76 | 63.5% | 52.6% | 12.3% | 11.3% | 7,950,710 | 4,281,077 | 3,669,633 | 0 | ||||||||
9 | 45 Waterview Boulevard | GRTR 1% or YM(29),GRTR 1% or YM or D(27),O(4) | 0 | 0 | 40,000,000 | 9/1/2014 | 2.36 | 2.34 | 67.0% | 67.0% | 8.7% | 8.6% | 2,793,698 | 462,508 | 2,331,190 | 16,002 | ||||||||
10 | Hotel Valencia | L(24),GRTR 1% or YM or D(92),O(4) | 0 | 0 | 38,900,000 | 11/14/2014 | 2.09 | 1.73 | 66.8% | 60.8% | 12.2% | 10.1% | 13,609,834 | 10,436,607 | 3,173,227 | 0 | ||||||||
11 | Empire Shopping Center | L(24),D(92),O(4) | 0 | 5 | 34,000,000 | 2/4/2015 | 1.49 | 1.40 | 72.8% | 66.1% | 8.5% | 8.0% | 3,142,541 | 1,032,544 | 2,109,997 | 25,778 | ||||||||
12 | Southern Palms | L(24),D(89),O(7) | 0 | 5 | 36,000,000 | 2/9/2015 | 1.54 | 1.41 | 67.6% | 58.5% | 8.8% | 8.0% | 3,029,388 | 886,506 | 2,142,883 | 48,368 | ||||||||
13 | Hotel Andra | L(27),GRTR 1% or YM or D(89),O(4) | 0 | 0 | 54,800,000 | 11/14/2014 | 1.86 | 1.71 | 69.3% | 63.1% | 10.8% | 9.9% | 8,286,380 | 4,187,619 | 4,098,761 | 0 | ||||||||
14 | 607 South Hill Street | L(25),D(91),O(4) | 0 | 0 | 40,700,000 | 10/31/2014 | 2.20 | 2.12 | 56.4% | 44.7% | 12.5% | 12.0% | 4,851,052 | 1,986,441 | 2,864,611 | 22,554 | ||||||||
15 | 231 West Olive Avenue | L(24),D(89),O(7) | 0 | 5 | 30,000,000 | 10/21/2014 | 1.50 | 1.42 | 68.3% | 62.2% | 8.8% | 8.3% | 2,284,279 | 475,413 | 1,808,865 | 10,835 | ||||||||
16 | Colonades II | L(26),D(91),O(3) | 0 | 15 | 27,500,000 | 11/18/2014 | 1.55 | 1.48 | 73.4% | 59.4% | 9.4% | 9.0% | 2,796,243 | 903,717 | 1,892,527 | 19,039 | ||||||||
17 | 9990 Richmond Avenue | L(27),D(89),O(4) | 0 | 0 | 25,250,000 | 10/16/2014 | 1.66 | 1.47 | 77.2% | 70.4% | 9.9% | 8.7% | 3,779,085 | 1,856,525 | 1,922,560 | 35,803 | ||||||||
18 | Whole Foods Cupertino | L(28),GRTR 1% or YM or D(89),O(3) | 0 | 0 | 27,200,000 | 9/3/2014 | 1.27 | 1.27 | 70.8% | 60.2% | 7.6% | 7.6% | 2,600,642 | 1,136,502 | 1,464,140 | 10,142 | ||||||||
19 | Sharp Plaza | L(24),D(92),O(4) | 0 | 0 | 24,900,000 | 12/23/2014 | 1.44 | 1.36 | 65.3% | 52.5% | 8.6% | 8.1% | 2,089,043 | 691,454 | 1,397,590 | 22,062 | ||||||||
20 | Naperville Plaza Shopping Center | L(24),D(89),O(7) | 0 | 5 | 33,710,000 | 2/21/2015 | 1.49 | 1.37 | 47.5% | 19.2% | 13.1% | 12.1% | 2,823,189 | 731,608 | 2,091,581 | 21,983 | ||||||||
21 | Enchanted Woods | L(24),D(56),O(4) | 0 | 5 | 26,080,000 | 2/24/2015 | 2.30 | 2.21 | 59.8% | 59.8% | 9.5% | 9.1% | 2,728,752 | 1,248,599 | 1,480,153 | 62,062 | ||||||||
22 | Doheny Village Center | L(24),D(92),O(4) | 0 | 5 | 26,600,000 | 12/31/2014 | 1.44 | 1.37 | 58.3% | 50.6% | 8.4% | 8.0% | 1,777,445 | 472,034 | 1,305,411 | 22,067 | ||||||||
23 | Goshen Crossing | L(24),D(92),O(4) | 0 | 5 | 19,500,000 | 1/8/2015 | 1.32 | 1.32 | 75.0% | 62.1% | 7.5% | 7.5% | 1,102,142 | 11,021 | 1,091,120 | 0 | ||||||||
24 | Gateway Portfolio | L(12),GRTR 1% or YM(105),O(3) | 0 | 0 | 55,850,000 | Various | 1.70 | 1.58 | 68.4% | 55.8% | 10.5% | 9.8% | 4,763,736 | 760,238 | 4,003,497 | 34,200 | ||||||||
24.01 | Eastfield | 4,200,000 | 8/7/2014 | 322,002 | 39,891 | 282,111 | 1,945 | |||||||||||||||||
24.02 | Reames Road | 4,150,000 | 8/7/2014 | 324,450 | 42,542 | 281,909 | 1,945 | |||||||||||||||||
24.03 | Whitehall | 4,150,000 | 8/7/2014 | 316,795 | 34,254 | 282,541 | 1,945 | |||||||||||||||||
24.04 | Ballantyne | 3,400,000 | 8/7/2014 | 271,095 | 27,503 | 243,592 | 1,770 | |||||||||||||||||
24.05 | Wilmington | 3,400,000 | 8/4/2014 | 265,714 | 21,704 | 244,010 | 1,853 | |||||||||||||||||
24.06 | Matthews | 3,400,000 | 8/7/2014 | 280,843 | 38,083 | 242,760 | 1,853 | |||||||||||||||||
24.07 | Columbine | 2,250,000 | 8/4/2014 | 218,630 | 54,502 | 164,127 | 1,560 | |||||||||||||||||
24.08 | DTC | 2,250,000 | 8/4/2014 | 209,319 | 44,423 | 164,897 | 1,560 | |||||||||||||||||
24.09 | Mt. Pleasant | 2,200,000 | 8/6/2014 | 193,298 | 31,178 | 162,120 | 1,515 | |||||||||||||||||
24.10 | Broomfield | 2,200,000 | 8/4/2014 | 218,047 | 57,386 | 160,660 | 1,530 | |||||||||||||||||
24.11 | Ken Caryl | 2,200,000 | 8/4/2014 | 215,105 | 54,201 | 160,904 | 1,530 | |||||||||||||||||
24.12 | Surfside | 2,200,000 | 8/4/2014 | 183,842 | 20,941 | 162,901 | 1,515 | |||||||||||||||||
24.13 | Mauldin | 2,200,000 | 8/7/2014 | 188,591 | 26,082 | 162,509 | 1,515 | |||||||||||||||||
24.14 | Charleston | 2,200,000 | 8/6/2014 | 193,636 | 31,544 | 162,092 | 1,515 | |||||||||||||||||
24.15 | Greenville | 2,200,000 | 8/7/2014 | 187,646 | 25,059 | 162,587 | 1,515 | |||||||||||||||||
24.16 | Summerville | 2,200,000 | 8/6/2014 | 191,519 | 29,253 | 162,267 | 1,515 | |||||||||||||||||
24.17 | Northeast | 2,200,000 | 8/7/2014 | 201,924 | 40,517 | 161,407 | 1,515 | |||||||||||||||||
24.18 | Harbinson | 2,200,000 | 8/7/2014 | 194,416 | 35,672 | 158,744 | 1,515 | |||||||||||||||||
24.19 | Myrtle Beach | 2,200,000 | 8/4/2014 | 177,889 | 19,557 | 158,332 | 1,515 | |||||||||||||||||
24.20 | Lexington | 2,200,000 | 8/7/2014 | 205,031 | 47,343 | 157,688 | 1,515 | |||||||||||||||||
24.21 | Smoky Hill | 2,250,000 | 8/4/2014 | 203,943 | 38,603 | 165,341 | 1,560 | |||||||||||||||||
25 | Concourse-Office | L(25),D(91),O(4) | 0 | 5 | 16,950,000 | 1/30/2015 | 1.55 | 1.40 | 77.5% | 67.8% | 9.4% | 8.5% | 2,064,610 | 829,225 | 1,235,385 | 31,300 | ||||||||
26 | 2400 Veterans Office | L(24),D(92),O(4) | 0 | 5 | 15,200,000 | 2/9/2015 | 1.63 | 1.38 | 75.0% | 61.6% | 9.5% | 8.0% | 2,105,517 | 1,026,828 | 1,078,689 | 29,611 | ||||||||
27 | Payson Village | L(24),D(92),O(4) | 0 | 5 | 15,000,000 | 3/6/2015 | 1.78 | 1.62 | 74.4% | 64.4% | 10.3% | 9.3% | 1,501,971 | 355,699 | 1,146,272 | 28,100 | ||||||||
28 | Quadrangle Corporate Park | L(27),D(90),O(3) | 0 | 0 | 14,400,000 | 8/8/2014 | 1.58 | 1.45 | 70.7% | 56.7% | 10.8% | 9.9% | 1,604,413 | 504,444 | 1,099,969 | 12,326 | ||||||||
29 | Canyon Falls | L(26),D(91),O(3) | 0 | 0 | 13,500,000 | 3/13/2015 | 1.79 | 1.64 | 75.0% | 63.8% | 10.6% | 9.8% | 1,671,756 | 593,413 | 1,078,343 | 21,693 | ||||||||
30 | Braun Pointe Shopping Center | L(24),D(92),O(4) | 0 | 5 | 13,000,000 | 1/29/2015 | 1.49 | 1.37 | 72.3% | 61.2% | 8.7% | 8.0% | 1,194,172 | 377,338 | 816,834 | 10,869 | ||||||||
31 | 303 East Vanderbilt | L(27),D(89),O(4) | 0 | 0 | 15,400,000 | 11/11/2014 | 1.96 | 1.88 | 60.8% | 48.8% | 11.5% | 11.0% | 1,656,763 | 577,462 | 1,079,301 | 10,500 | ||||||||
32 | Homewood Suites Woodlands | L(24),D(92),O(4) | 0 | 5 | 14,300,000 | 1/23/2015 | 2.09 | 1.84 | 65.0% | 55.8% | 13.0% | 11.4% | 3,673,898 | 2,466,067 | 1,207,832 | 0 | ||||||||
33 | Addison Chicago | L(27),D(89),O(4) | 0 | 0 | 13,000,000 | Various | 1.57 | 1.56 | 70.2% | 43.6% | 12.0% | 11.9% | 1,336,231 | 245,087 | 1,091,144 | 6,563 | ||||||||
33.01 | 2620 West Addison Street | 8,110,000 | 10/14/2014 | 796,241 | 158,087 | 638,154 | 4,313 | |||||||||||||||||
33.02 | 2633 West Addison Street | 4,890,000 | 10/18/2014 | 539,990 | 87,000 | 452,990 | 2,250 | |||||||||||||||||
34 | Lambert Palm Industrial | L(24),D(92),O(4) | 0 | 5 | 17,050,000 | 2/6/2015 | 1.74 | 1.54 | 49.0% | 42.5% | 10.1% | 9.0% | 1,333,849 | 489,904 | 843,945 | 52,154 | ||||||||
35 | Town Hall Commons | L(24),D(92),O(4) | 0 | 0 | 11,800,000 | 3/1/2015 | 1.61 | 1.42 | 67.8% | 54.2% | 9.4% | 8.3% | 1,282,467 | 530,733 | 751,735 | 14,723 | ||||||||
36 | Shoppes at Fair Oaks | L(24),D(92),O(4) | 0 | 5 | 10,350,000 | 3/6/2015 | 1.51 | 1.40 | 72.0% | 57.4% | 8.8% | 8.1% | 879,325 | 226,687 | 652,638 | 11,532 | ||||||||
37 | Monterey Road Marketplace | L(24),D(92),O(4) | 0 | 5 | 12,020,000 | 2/13/2015 | 2.01 | 1.94 | 59.1% | 59.1% | 8.3% | 8.0% | 815,887 | 229,439 | 586,448 | 3,716 | ||||||||
38 | 2100 Van Deman Street | L(26),D(91),O(3) | 0 | 0 | 9,800,000 | 11/19/2014 | 1.64 | 1.52 | 69.8% | 56.5% | 9.9% | 9.2% | 840,515 | 160,160 | 680,354 | 12,763 | ||||||||
39 | 2030 Highland Avenue | L(32),D(85),O(3) | 0 | 0 | 10,700,000 | 5/15/2014 | 1.57 | 1.52 | 63.7% | 53.6% | 10.7% | 10.4% | 1,022,139 | 291,682 | 730,458 | 5,280 | ||||||||
40 | Beechnut Village Shopping Center | L(26),D(91),O(3) | 0 | 0 | 9,070,000 | 11/24/2014 | 1.62 | 1.47 | 73.3% | 62.8% | 10.0% | 9.1% | 1,007,390 | 343,873 | 663,517 | 12,011 | ||||||||
41 | Greenview Apartments | L(28),D(89),O(3) | 0 | 0 | 8,700,000 | 10/1/2014 | 1.76 | 1.67 | 74.3% | 60.4% | 10.8% | 10.2% | 1,283,500 | 586,927 | 696,572 | 38,700 | ||||||||
42 | Comfort Suites Columbia Gateway | L(25),D(92),O(3) | 0 | 0 | 8,600,000 | 4/1/2015 | 1.66 | 1.49 | 74.3% | 55.1% | 11.4% | 10.2% | 1,864,724 | 1,138,397 | 726,327 | 0 | ||||||||
43 | Chicago Northside Portfolio - Pool 3 | L(37),D(79),O(4) | 0 | 0 | 8,575,000 | 10/29/2014 | 1.34 | 1.30 | 71.7% | 61.0% | 8.9% | 8.7% | 782,269 | 236,074 | 546,195 | 14,000 | ||||||||
43.01 | 2104 W. Foster Avenue | 5,250,000 | 10/29/2014 | 537,810 | 165,930 | 371,880 | 10,000 | |||||||||||||||||
43.02 | 5073 N. Wolcott Avenue | 3,325,000 | 10/29/2014 | 244,459 | 70,144 | 174,315 | 4,000 | |||||||||||||||||
44 | Chicago Northside Portfolio - Pool 2 | L(37),D(79),O(4) | 0 | 0 | 8,650,000 | 10/29/2014 | 1.47 | 1.44 | 70.2% | 59.8% | 9.7% | 9.6% | 785,418 | 193,764 | 591,655 | 10,250 | ||||||||
44.01 | 4621-25 N. Lincoln & 2259-63 W. Eastwood | 5,300,000 | 10/29/2014 | 493,864 | 123,305 | 370,558 | 6,250 | |||||||||||||||||
44.02 | 2243-51 W. Eastwood Avenue | 3,350,000 | 10/29/2014 | 291,555 | 70,458 | 221,096 | 4,000 | |||||||||||||||||
45 | Towncentre Professional | L(24),D(92),O(4) | 0 | 5 | 8,800,000 | 12/19/2014 | 1.72 | 1.56 | 68.2% | 62.0% | 10.0% | 9.1% | 789,629 | 189,728 | 599,901 | 12,136 | ||||||||
46 | Hill Road Plaza | L(24),D(56),O(4) | 0 | 5 | 8,400,000 | 1/31/2015 | 1.88 | 1.69 | 71.4% | 61.8% | 10.8% | 9.7% | 1,030,802 | 383,261 | 647,541 | 24,311 | ||||||||
47 | Centennial Plaza | L(25),D(92),O(3) | 0 | 5 | 9,400,000 | 1/31/2015 | 2.90 | 2.67 | 62.2% | 62.2% | 12.2% | 11.2% | 996,891 | 281,907 | 714,984 | 8,735 | ||||||||
48 | Walgreen - Montgomery, TX | L(27),D(90),O(3) | 0 | 0 | 7,150,000 | 12/4/2014 | 1.25 | 1.24 | 69.2% | 55.5% | 7.3% | 7.3% | 396,411 | 35,235 | 361,176 | 1,482 | ||||||||
49 | Chicago Northside Portfolio - Pool 4 | L(37),D(79),O(4) | 0 | 0 | 6,550,000 | 10/29/2014 | 1.45 | 1.40 | 74.0% | 62.8% | 9.5% | 9.1% | 722,880 | 263,713 | 459,167 | 17,000 | ||||||||
49.01 | Irving Park | 5,000,000 | 10/29/2014 | 572,668 | 210,931 | 361,737 | 14,000 | |||||||||||||||||
49.02 | 7434-38 N. Artesian Avenue | 1,550,000 | 10/29/2014 | 150,212 | 52,781 | 97,431 | 3,000 | |||||||||||||||||
50 | 505 Independence Road | L(31),D(86),O(3) | 0 | 0 | 7,775,000 | 5/15/2014 | 1.46 | 1.40 | 62.0% | 52.1% | 9.9% | 9.6% | 784,395 | 305,654 | 478,741 | 4,890 | ||||||||
51 | Walgreen - N. San Antonio TX | L(26),D(91),O(3) | 0 | 0 | 6,690,000 | 10/31/2014 | 1.29 | 1.29 | 67.1% | 53.7% | 7.6% | 7.5% | 425,454 | 85,976 | 339,478 | 1,449 | ||||||||
52 | Walgreen - Houston TX | L(26),D(91),O(3) | 0 | 0 | 6,360,000 | 10/31/2014 | 1.27 | 1.26 | 69.0% | 55.3% | 7.4% | 7.4% | 400,475 | 74,795 | 325,681 | 1,456 | ||||||||
53 | Walgreen - Cypress, TX | L(26),D(91),O(3) | 0 | 0 | 6,490,000 | 10/31/2014 | 1.28 | 1.27 | 66.8% | 53.5% | 7.5% | 7.4% | 407,623 | 83,695 | 323,928 | 1,456 | ||||||||
54 | Ross Dress for Less - Burbank | L(24),D(92),O(4) | 0 | 5 | 11,000,000 | 2/24/2015 | 1.84 | 1.64 | 38.6% | 35.1% | 10.6% | 9.4% | 612,591 | 163,789 | 448,802 | 6,982 | ||||||||
55 | Walgreen - Fond Du Lac, WI | L(26),D(91),O(3) | 0 | 0 | 5,800,000 | 12/3/2014 | 1.29 | 1.28 | 70.1% | 56.1% | 7.5% | 7.5% | 389,073 | 83,727 | 305,346 | 1,449 | ||||||||
56 | Lexington Condo | L(25),D(92),O(3) | 0 | 0 | 5,550,000 | 8/7/2014 | 1.29 | 1.27 | 72.1% | 65.8% | 7.7% | 7.6% | 316,800 | 9,504 | 307,296 | 884 | ||||||||
57 | Walgreen - Faribault, MN | L(27),D(90),O(3) | 0 | 0 | 5,400,000 | 12/7/2014 | 1.31 | 1.30 | 69.0% | 55.3% | 7.7% | 7.6% | 360,711 | 74,911 | 285,800 | 1,482 | ||||||||
58 | The Glen Apartments | L(26),D(31),O(3) | 0 | 0 | 5,100,000 | 11/19/2014 | 1.77 | 1.62 | 70.4% | 64.5% | 10.7% | 9.8% | 823,746 | 438,283 | 385,463 | 32,250 | ||||||||
59 | Walgreen - Baton Rouge LA | L(27),D(90),O(3) | 0 | 0 | 4,960,000 | 12/2/2014 | 1.27 | 1.26 | 69.7% | 56.1% | 7.6% | 7.5% | 298,307 | 37,227 | 261,080 | 1,465 | ||||||||
60 | 961 Highway 20 and 81 | L(29),D(88),O(3) | 0 | 0 | 4,800,000 | 9/25/2014 | 1.66 | 1.58 | 65.2% | 53.6% | 10.5% | 10.0% | 393,238 | 64,625 | 328,613 | 2,072 | ||||||||
61 | Interchange Parkway Warehouse | L(24),D(92),O(4) | 0 | 5 | 4,300,000 | 2/5/2015 | 1.83 | 1.59 | 67.4% | 53.9% | 10.7% | 9.2% | 438,697 | 129,122 | 309,575 | 13,848 | ||||||||
62 | 1550 Kennesaw Due West Road | L(28),D(89),O(3) | 0 | 0 | 4,000,000 | 9/26/2014 | 1.64 | 1.56 | 64.7% | 53.4% | 10.6% | 10.1% | 316,402 | 43,302 | 273,100 | 1,636 | ||||||||
63 | Brodheadsville Holdings | L(31),D(86),O(3) | 0 | 0 | 3,880,000 | 5/15/2014 | 1.68 | 1.63 | 63.7% | 53.5% | 11.5% | 11.1% | 412,571 | 129,620 | 282,951 | 2,040 | ||||||||
64 | 202 Scuffletown Road | L(29),D(88),O(3) | 0 | 0 | 4,100,000 | 9/25/2014 | 1.59 | 1.52 | 59.3% | 44.5% | 11.2% | 10.7% | 333,016 | 61,221 | 271,794 | 1,636 | ||||||||
65 | Breen Apartments | L(29),D(88),O(3) | 0 | 0 | 3,000,000 | 8/19/2014 | 1.30 | 1.21 | 68.0% | 57.1% | 8.9% | 8.3% | 361,303 | 179,929 | 181,374 | 11,605 | ||||||||
66 | Family Dollar | L(28),D(89),O(3) | 0 | 0 | 2,900,000 | Various | 1.57 | 1.55 | 68.6% | 56.5% | 10.0% | 9.9% | 256,191 | 56,703 | 199,488 | 2,625 | ||||||||
66.01 | 3403 Elvis Presley Boulevard | 1,550,000 | 8/15/2014 | 147,155 | 39,932 | 107,223 | 1,377 | |||||||||||||||||
66.02 | 1608 Douglass Road | 1,350,000 | 8/12/2014 | 109,035 | 16,771 | 92,264 | 1,248 | |||||||||||||||||
67 | 5270 Elmore Avenue | L(24),D(92),O(4) | 0 | 5 | 3,750,000 | 1/20/2015 | 2.36 | 2.21 | 48.0% | 38.4% | 13.8% | 12.9% | 396,957 | 147,972 | 248,985 | 2,228 | ||||||||
68 | Eastern Shore Promenade | L(24),D(92),O(4) | 0 | 5 | 3,300,000 | 2/3/2015 | 2.60 | 2.43 | 48.5% | 38.5% | 14.9% | 14.0% | 291,943 | 52,760 | 239,183 | 1,600 |
A-1-3 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | U/W TI/LC ($) | U/W Net Cash Flow ($) | Occupancy Rate(2)(3) | Occupancy as-of Date | U/W Hotel ADR | U/W Hotel RevPAR | Most Recent Period | Most Recent Revenues ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent Capital Expenditures | Most Recent NCF ($) | Most Recent Hotel ADR | Most Recent Hotel RevPAR | Second Most Recent Period | Second Most Recent Revenues ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent Capital Expenditures | Second Most Recent NCF ($) | Second Most Recent Hotel ADR | Second Most Recent Hotel RevPAR |
1 | Patriots Park | 0 | 17,460,327 | 97.5% | 4/1/2015 | Actual 2014 | 25,366,558 | 7,380,961 | 17,985,597 | 0 | 17,985,597 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
2 | Eastgate One Phases I-VII & XII | 921,394 | 12,465,133 | 85.3% | 3/1/2015 | TTM 1/31/2015 | 15,079,463 | 4,192,343 | 10,887,120 | 0 | 10,887,120 | TTM 6/30/2014 | 16,466,767 | 3,787,080 | 12,679,687 | 0 | 12,679,687 | ||||||
3 | Stanford Research Park | 97,259 | 8,016,218 | 100.0% | 4/1/2015 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
4 | Mayfair in the Grove | 278,455 | 3,669,863 | 83.2% | 1/31/2015 | Actual 2014 | 5,065,110 | 2,980,843 | 2,084,267 | 0 | 2,084,267 | Actual 2013 | 4,899,322 | 3,139,693 | 1,759,629 | 0 | 1,759,629 | ||||||
5 | Eastgate Two Phases VIII-X | 660,977 | 9,231,067 | 92.9% | 3/1/2015 | TTM 1/31/2015 | 13,113,728 | 2,777,889 | 10,335,839 | 0 | 10,335,839 | TTM 6/30/2014 | 14,995,148 | 2,915,499 | 12,079,649 | 0 | 12,079,649 | ||||||
6 | 100 West 57th Street | 0 | 4,213,128 | NAP | NAP | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
7 | 760 & 800 Westchester Avenue | 477,286 | 8,115,451 | 89.0% | 1/20/2015 | TTM 6/30/2014 | 14,363,392 | 7,305,002 | 7,058,390 | 0 | 7,058,390 | Actual 2013 | 14,778,851 | 7,415,970 | 7,362,881 | 0 | 7,362,881 | ||||||
8 | Best Western Premier Herald Square | 0 | 3,351,604 | 98.3% | 12/31/2014 | 254 | 229 | Actual 2014 | 7,950,710 | 3,906,892 | 4,043,818 | 0 | 4,043,818 | 233 | 229 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
9 | 45 Waterview Boulevard | 0 | 2,315,188 | 100.0% | 4/1/2015 | Actual 2013 | 2,541,634 | 385,880 | 2,155,754 | 0 | 2,155,754 | Actual 2012 | 2,482,469 | 340,868 | 2,141,601 | 0 | 2,141,601 | ||||||
10 | Hotel Valencia | 0 | 2,628,834 | 77.1% | 10/31/2014 | 171 | 132 | TTM 10/31/2014 | 13,609,834 | 10,557,164 | 3,052,670 | 0 | 3,052,670 | 171 | 132 | Actual 2013 | 13,511,104 | 11,179,358 | 2,331,746 | 0 | 2,331,746 | 161 | 127 |
11 | Empire Shopping Center | 98,253 | 1,985,966 | 90.7% | 1/1/2015 | Actual 2014 | 3,303,477 | 1,020,726 | 2,282,751 | 0 | 2,282,751 | Actual 2013 | 3,276,930 | 939,273 | 2,337,657 | 0 | 2,337,657 | ||||||
12 | Southern Palms | 134,992 | 1,959,522 | 79.2% | 3/23/2015 | Actual 2014 | 3,074,736 | 859,815 | 2,214,921 | 0 | 2,214,921 | Actual 2013 | 2,645,817 | 882,953 | 1,762,864 | 0 | 1,762,864 | ||||||
13 | Hotel Andra | 0 | 3,767,305 | 85.0% | 9/30/2014 | 222 | 177 | TTM 9/30/2014 | 8,322,351 | 4,094,451 | 4,227,900 | 0 | 4,227,900 | 209 | 177 | Actual 2013 | 7,652,949 | 3,879,206 | 3,773,743 | 0 | 3,773,743 | 190 | 163 |
14 | 607 South Hill Street | 75,181 | 2,766,876 | 93.9% | 3/1/2015 | Actual 2014 | 5,110,916 | 1,630,310 | 3,480,606 | 0 | 3,480,606 | Actual 2013 | 4,842,583 | 1,813,156 | 3,029,427 | 0 | 3,029,427 | ||||||
15 | 231 West Olive Avenue | 90,290 | 1,707,740 | 100.0% | 4/1/2015 | Actual 2014 | 2,184,279 | 377,194 | 1,807,085 | 0 | 1,807,085 | Actual 2013 | 2,183,979 | 336,501 | 1,847,478 | 0 | 1,847,478 | ||||||
16 | Colonades II | 63,463 | 1,810,025 | 100.0% | 4/1/2015 | TTM 11/30/2014 | 2,748,455 | 853,149 | 1,895,306 | 0 | 1,895,306 | Actual 2013 | 2,685,627 | 836,020 | 1,849,607 | 0 | 1,849,607 | ||||||
17 | 9990 Richmond Avenue | 188,439 | 1,698,317 | 92.4% | 12/31/2014 | TTM 9/30/2014 | 3,333,814 | 1,663,607 | 1,670,207 | 0 | 1,670,207 | Actual 2013 | 3,563,453 | 1,692,731 | 1,870,722 | 0 | 1,870,722 | ||||||
18 | Whole Foods Cupertino | 0 | 1,453,998 | 100.0% | 4/1/2015 | TTM 6/30/2014 | 2,379,978 | 950,700 | 1,429,278 | 0 | 1,429,278 | Actual 2013 | 2,383,083 | 943,597 | 1,439,486 | 0 | 1,493,486 | ||||||
19 | Sharp Plaza | 51,477 | 1,324,051 | 100.0% | 4/1/2015 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
20 | Naperville Plaza Shopping Center | 141,159 | 1,928,438 | 87.9% | 1/1/2015 | Actual 2014 | 2,751,887 | 658,321 | 2,093,566 | 0 | 2,093,566 | Actual 2013 | 2,771,521 | 662,151 | 2,109,370 | 0 | 2,109,370 | ||||||
21 | Enchanted Woods | 0 | 1,418,091 | 96.3% | 2/26/2015 | TTM 2/28/2015 | 2,680,408 | 1,184,514 | 1,495,895 | 0 | 1,495,895 | Actual 2014 | 2,666,817 | 1,244,408 | 1,422,409 | 0 | 1,422,409 | �� | |||||
22 | Doheny Village Center | 47,550 | 1,235,794 | 100.0% | 11/1/2014 | Actual 2014 | 1,687,214 | 390,052 | 1,297,161 | 0 | 1,297,161 | Actual 2013 | 1,633,513 | 359,530 | 1,273,982 | 0 | 1,273,982 | ||||||
23 | Goshen Crossing | 0 | 1,091,120 | 100.0% | 4/1/2015 | Annualized 9 9/30/2014 | 1,085,220 | 0 | 1,085,220 | 0 | 1,085,220 | Actual 2013 | 1,085,220 | 0 | 1,085,220 | 0 | 1,085,220 | ||||||
24 | Gateway Portfolio | 228,002 | 3,741,295 | 100.0% | 4/1/2015 | Actual 2013 | 4,796,834 | 529,694 | 4,267,141 | 0 | 4,267,141 | Actual 2012 | 4,687,653 | 504,183 | 4,183,471 | 0 | 4,183,471 | ||||||
24.01 | Eastfield | 12,964 | 267,202 | 100.0% | 4/1/2015 | Actual 2013 | 333,789 | 25,575 | 308,214 | 0 | 308,214 | Actual 2012 | 304,647 | 2,477 | 302,170 | 0 | 302,170 | ||||||
24.02 | Reames Road | 12,964 | 267,000 | 100.0% | 4/1/2015 | Actual 2013 | 333,769 | 28,077 | 305,692 | 0 | 305,692 | Actual 2012 | 326,568 | 26,870 | 299,698 | 0 | 299,698 | ||||||
24.03 | Whitehall | 12,964 | 267,632 | 100.0% | 4/1/2015 | Actual 2013 | 325,945 | 20,254 | 305,692 | 0 | 305,692 | Actual 2012 | 319,081 | 19,383 | 299,698 | 0 | 299,698 | ||||||
24.04 | Ballantyne | 11,800 | 230,022 | 100.0% | 4/1/2015 | Actual 2013 | 271,033 | 15,369 | 255,664 | 0 | 255,664 | Actual 2012 | 265,360 | 14,709 | 250,651 | 0 | 250,651 | ||||||
24.05 | Wilmington | 12,355 | 229,802 | 100.0% | 4/1/2015 | Actual 2013 | 265,373 | 9,734 | 255,639 | 0 | 255,639 | Actual 2012 | 260,360 | 9,734 | 250,626 | 0 | 250,626 | ||||||
24.06 | Matthews | 12,355 | 228,552 | 100.0% | 4/1/2015 | Actual 2013 | 280,834 | 25,195 | 255,639 | 0 | 255,639 | Actual 2012 | 274,738 | 24,112 | 250,626 | 0 | 250,626 | ||||||
24.07 | Columbine | 10,400 | 152,167 | 100.0% | 4/1/2015 | Actual 2013 | 218,636 | 43,518 | 175,118 | 0 | 175,118 | Actual 2012 | 223,571 | 51,886 | 171,684 | 0 | 171,684 | ||||||
24.08 | DTC | 10,400 | 152,937 | 100.0% | 4/1/2015 | Actual 2013 | 209,121 | 34,003 | 175,118 | 0 | 175,118 | Actual 2012 | 205,992 | 34,307 | 171,684 | 0 | 171,684 | ||||||
24.09 | Mt. Pleasant | 10,100 | 150,505 | 100.0% | 4/1/2015 | Actual 2013 | 192,461 | 21,285 | 171,177 | 0 | 171,177 | Actual 2012 | 189,141 | 21,320 | 167,820 | 0 | 167,820 | ||||||
24.10 | Broomfield | 10,200 | 148,930 | 100.0% | 4/1/2015 | Actual 2013 | 218,133 | 46,393 | 171,740 | 0 | 171,740 | Actual 2012 | 206,471 | 38,099 | 168,372 | 0 | 168,372 | ||||||
24.11 | Ken Caryl | 10,200 | 149,174 | 100.0% | 4/1/2015 | Actual 2013 | 215,126 | 43,386 | 171,740 | 0 | 171,740 | Actual 2012 | 218,388 | 50,015 | 168,372 | 0 | 168,372 | ||||||
24.12 | Surfside | 10,100 | 151,286 | 100.0% | 4/1/2015 | Actual 2013 | 182,983 | 11,806 | 171,177 | 0 | 171,177 | Actual 2012 | 179,280 | 11,460 | 167,820 | 0 | 167,820 | ||||||
24.13 | Mauldin | 10,100 | 150,894 | 100.0% | 4/1/2015 | Actual 2013 | 187,743 | 16,566 | 171,177 | 0 | 171,177 | Actual 2012 | 183,657 | 15,836 | 167,820 | 0 | 167,820 | ||||||
24.14 | Charleston | 10,100 | 150,477 | 100.0% | 4/1/2015 | Actual 2013 | 192,801 | 21,624 | 171,177 | 0 | 171,177 | Actual 2012 | 189,226 | 21,406 | 167,820 | 0 | 167,820 | ||||||
24.15 | Greenville | 10,100 | 150,972 | 100.0% | 4/1/2015 | Actual 2013 | 186,795 | 15,619 | 171,177 | 0 | 171,177 | Actual 2012 | 182,966 | 15,146 | 167,820 | 0 | 167,820 | ||||||
24.16 | Summerville | 10,100 | 150,652 | 100.0% | 4/1/2015 | Actual 2013 | 191,057 | 19,881 | 171,177 | 0 | 171,177 | Actual 2012 | 187,033 | 19,213 | 167,820 | 0 | 167,820 | ||||||
24.17 | Northeast | 10,100 | 149,792 | 100.0% | 4/1/2015 | Actual 2013 | 201,317 | 30,140 | 171,177 | 0 | 171,177 | Actual 2012 | 196,637 | 28,817 | 167,820 | 0 | 167,820 | ||||||
24.18 | Harbinson | 10,100 | 147,129 | 100.0% | 4/1/2015 | Actual 2013 | 195,119 | 23,942 | 171,177 | 0 | 171,177 | Actual 2012 | 191,214 | 23,394 | 167,820 | 0 | 167,820 | ||||||
24.19 | Myrtle Beach | 10,100 | 146,717 | 100.0% | 4/1/2015 | Actual 2013 | 181,833 | 10,656 | 171,177 | 0 | 171,177 | Actual 2012 | 178,165 | 10,345 | 167,820 | 0 | 167,820 | ||||||
24.20 | Lexington | 10,100 | 146,073 | 100.0% | 4/1/2015 | Actual 2013 | 209,339 | 38,162 | 171,177 | 0 | 171,177 | Actual 2012 | 204,809 | 36,988 | 167,820 | 0 | 167,820 | ||||||
24.21 | Smoky Hill | 10,400 | 153,381 | 100.0% | 4/1/2015 | Actual 2013 | 203,627 | 28,509 | 175,118 | 0 | 175,118 | Actual 2012 | 200,350 | 28,665 | 171,684 | 0 | 171,684 | ||||||
25 | Concourse-Office | 82,584 | 1,121,501 | 90.7% | 2/12/2015 | Actual 2014 | 1,943,112 | 848,833 | 1,094,279 | 0 | 1,094,279 | Actual 2013 | 2,056,075 | 873,344 | 1,182,731 | 0 | 1,182,731 | ||||||
26 | 2400 Veterans Office | 132,759 | 916,319 | 86.5% | 3/19/2015 | TTM 1/31/2015 | 1,810,701 | 874,612 | 936,089 | 0 | 936,089 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
27 | Payson Village | 77,780 | 1,040,392 | 88.5% | 2/1/2015 | Actual 2014 | 1,499,125 | 342,992 | 1,156,134 | 0 | 1,156,134 | Actual 2013 | 1,344,191 | 348,352 | 995,839 | 0 | 995,839 | ||||||
28 | Quadrangle Corporate Park | 82,175 | 1,005,468 | 100.0% | 12/1/2014 | TTM 10/31/2014 | 1,226,785 | 353,601 | 873,184 | 0 | 873,184 | Actual 2013 | 1,381,151 | 351,356 | 1,029,795 | 0 | 1,029,795 | ||||||
29 | Canyon Falls | 66,021 | 990,629 | 97.8% | 8/31/2014 | TTM 8/31/2014 | 1,440,817 | 444,159 | 996,658 | 0 | 996,658 | Actual 2013 | 1,072,057 | 465,498 | 606,559 | 0 | 606,559 | ||||||
30 | Braun Pointe Shopping Center | 52,438 | 753,527 | 94.8% | 2/1/2015 | Actual 2014 | 1,152,137 | 452,304 | 699,833 | 0 | 699,833 | Actual 2013 | 1,002,818 | 205,632 | 797,186 | 0 | 797,186 | ||||||
31 | 303 East Vanderbilt | 35,000 | 1,033,801 | 100.0% | 4/1/2015 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
32 | Homewood Suites Woodlands | 0 | 1,060,876 | 75.7% | 12/31/2014 | 141 | 108 | Actual 2014 | 3,675,063 | 2,462,222 | 1,212,841 | 0 | 1,212,841 | 141 | 107 | Actual 2013 | 3,587,484 | 2,350,799 | 1,236,685 | 0 | 1,236,685 | 138 | 105 |
33 | Addison Chicago | 0 | 1,084,581 | 100.0% | Various | TTM 9/30/2014 | 1,320,658 | 192,707 | 1,127,951 | 0 | 1,127,951 | Actual 2013 | 1,245,369 | 183,818 | 1,061,551 | 0 | 1,061,551 | ||||||
33.01 | 2620 West Addison Street | 0 | 633,841 | 100.0% | 11/1/2014 | TTM 9/30/2014 | 760,204 | 124,324 | 635,880 | 0 | 635,880 | Actual 2013 | 747,369 | 115,434 | 631,935 | 0 | 631,935 | ||||||
33.02 | 2633 West Addison Street | 0 | 450,740 | 100.0% | 4/1/2015 | TTM 9/30/2014 | 560,454 | 68,383 | 492,071 | 0 | 492,071 | Actual 2013 | 498,000 | 68,384 | 429,616 | 0 | 429,616 | ||||||
34 | Lambert Palm Industrial | 44,314 | 747,477 | 89.0% | 3/2/2015 | TTM 1/31/2015 | 1,337,775 | 532,642 | 805,133 | 0 | 805,133 | Actual 2014 | 1,376,898 | 537,210 | 839,688 | 0 | 839,688 | ||||||
35 | Town Hall Commons | 73,614 | 663,398 | 100.0% | 3/11/2015 | TTM 2/18/2015 | 1,617,120 | 541,987 | 1,075,133 | 0 | 1,075,133 | Actual 2013 | 1,589,904 | 526,703 | 1,063,201 | 0 | 1,063,201 | ||||||
36 | Shoppes at Fair Oaks | 36,109 | 604,997 | 89.0% | 12/19/2014 | Actual 2014 | 419,713 | 174,352 | 245,362 | 0 | 245,362 | Actual 2013 | 374,559 | 174,796 | 199,763 | 0 | 199,763 | ||||||
37 | Monterey Road Marketplace | 15,878 | 566,854 | 100.0% | 2/19/2015 | Actual 2014 | 677,793 | 235,478 | 442,315 | 0 | 442,315 | Actual 2013 | 462,216 | 163,602 | 298,614 | 0 | 298,614 | ||||||
38 | 2100 Van Deman Street | 39,885 | 627,706 | 94.0% | 1/1/2015 | TTM 11/30/2014 | 773,906 | 171,736 | 602,170 | 0 | 602,170 | Actual 2013 | 856,503 | 131,723 | 724,780 | 0 | 724,780 | ||||||
39 | 2030 Highland Avenue | 17,600 | 707,578 | 100.0% | 4/1/2015 | Actual 2014 | 1,055,142 | 302,684 | 752,458 | 0 | 752,458 | Actual 2013 | 980,446 | 221,326 | 759,120 | 0 | 759,120 | ||||||
40 | Beechnut Village Shopping Center | 47,411 | 604,095 | 91.5% | 11/30/2014 | Annualized 11 11/30/2014 | 885,092 | 303,967 | 581,125 | 0 | 581,125 | Actual 2013 | 858,547 | 353,961 | 504,586 | 0 | 504,586 | ||||||
41 | Greenview Apartments | 0 | 657,872 | 89.1% | 1/29/2015 | TTM 1/31/2015 | 1,083,507 | 589,385 | 494,121 | 0 | 494,121 | YTD 7/31/2014 | 946,083 | 569,196 | 376,887 | 0 | 376,887 | ||||||
42 | Comfort Suites Columbia Gateway | 0 | 651,738 | 67.3% | 10/31/2014 | 90 | 60 | TTM 10/31/2014 | 1,864,724 | 1,138,397 | 726,327 | 0 | 726,327 | 90 | 60 | Actual 2013 | 1,804,805 | 1,220,156 | 584,649 | 0 | 584,649 | 89 | 58 |
43 | Chicago Northside Portfolio - Pool 3 | 0 | 532,195 | 87.5% | 2/10/2015 | TTM 2/28/2015 | 581,238 | 239,617 | 341,622 | 0 | 341,622 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
43.01 | 2104 W. Foster Avenue | 0 | 361,880 | 92.5% | 2/10/2015 | TTM 2/28/2015 | 401,800 | 165,603 | 236,197 | 0 | 236,197 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
43.02 | 5073 N. Wolcott Avenue | 0 | 170,315 | 75.0% | 2/10/2015 | TTM 2/28/2015 | 179,439 | 74,014 | 105,425 | 0 | 105,425 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
44 | Chicago Northside Portfolio - Pool 2 | 0 | 581,405 | 97.8% | 2/10/2015 | TTM 2/28/2015 | 553,695 | 188,730 | 364,965 | 0 | 364,965 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
44.01 | 4621-25 N. Lincoln & 2259-63 W. Eastwood | 0 | 364,308 | 100.0% | 2/10/2015 | TTM 2/28/2015 | 367,782 | 120,704 | 247,077 | 0 | 247,077 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
44.02 | 2243-51 W. Eastwood Avenue | 0 | 217,096 | 93.8% | 2/10/2015 | TTM 2/28/2015 | 185,913 | 68,026 | 117,887 | 0 | 117,887 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
45 | Towncentre Professional | 43,342 | 544,423 | 94.8% | 2/11/2015; 2/12/2015 | TTM 2/28/2015 | 817,628 | 183,472 | 634,156 | 0 | 634,156 | Actual 2014 | 817,619 | 185,467 | 632,152 | 0 | 632,152 | ||||||
46 | Hill Road Plaza | 41,232 | 581,998 | 92.3% | 2/25/2015 | Actual 2014 | 856,861 | 368,814 | 488,047 | 0 | 488,047 | Actual 2013 | 712,150 | 268,996 | 443,153 | 0 | 443,153 | ||||||
47 | Centennial Plaza | 49,481 | 656,768 | 89.2% | 2/5/2015 | Actual 2013 | 672,946 | 250,728 | 422,218 | 0 | 422,218 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
48 | Walgreen - Montgomery, TX | 0 | 359,694 | 100.0% | 4/1/2015 | Actual 2013 | 405,100 | 26,100 | 379,000 | 0 | 379,000 | Actual 2012 | 404,997 | 25,997 | 379,000 | 0 | 379,000 | ||||||
49 | Chicago Northside Portfolio - Pool 4 | 0 | 442,167 | 92.6% | 2/10/2015 | TTM 2/28/2015 | 614,033 | 261,143 | 352,890 | 0 | 352,890 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
49.01 | Irving Park | 0 | 347,737 | 94.6% | 2/10/2015 | TTM 2/28/2015 | 483,544 | 202,941 | 280,602 | 0 | 280,602 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
49.02 | 7434-38 N. Artesian Avenue | 0 | 94,431 | 83.3% | 2/10/2015 | TTM 2/28/2015 | 130,490 | 58,202 | 72,288 | 0 | 72,288 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
50 | 505 Independence Road | 12,870 | 460,981 | 96.9% | 7/9/2014 | Actual 2014 | 810,525 | 313,355 | 497,170 | 0 | 497,170 | Actual 2013 | 736,902 | 346,818 | 390,083 | 0 | 390,083 | ||||||
51 | Walgreen - N. San Antonio TX | 0 | 338,029 | 100.0% | 4/1/2015 | Actual 2013 | 396,855 | 28,855 | 368,000 | 0 | 368,000 | Actual 2012 | 401,482 | 33,482 | 368,000 | 0 | 368,000 | ||||||
52 | Walgreen - Houston TX | 0 | 324,225 | 100.0% | 4/1/2015 | Actual 2013 | 397,803 | 47,803 | 350,000 | 0 | 350,000 | Actual 2012 | 396,817 | 46,817 | 350,000 | 0 | 350,000 | ||||||
53 | Walgreen - Cypress, TX | 0 | 322,472 | 100.0% | 4/1/2015 | Actual 2013 | 411,694 | 54,694 | 357,000 | 0 | 357,000 | Actual 2012 | 410,888 | 53,888 | 357,000 | 0 | 357,000 | ||||||
54 | Ross Dress for Less - Burbank | 43,614 | 398,206 | 100.0% | 4/1/2015 | Actual 2014 | 422,454 | 25,499 | 396,955 | 0 | 396,955 | Actual 2013 | 422,612 | 22,044 | 400,568 | 0 | 400,568 | ||||||
55 | Walgreen - Fond Du Lac, WI | 0 | 303,897 | 100.0% | 4/1/2015 | Actual 2013 | 396,120 | 72,120 | 324,000 | 0 | 324,000 | Actual 2012 | 393,990 | 69,990 | 324,000 | 0 | 324,000 | ||||||
56 | Lexington Condo | 2,945 | 303,467 | 100.0% | 4/1/2015 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
57 | Walgreen - Faribault, MN | 0 | 284,318 | 100.0% | 4/1/2015 | Actual 2013 | 370,070 | 60,070 | 310,000 | 0 | 310,000 | Actual 2012 | 368,232 | 58,232 | 310,000 | 0 | 310,000 | ||||||
58 | The Glen Apartments | 0 | 353,213 | 100.0% | 1/5/2015 | TTM 11/30/2014 | 792,004 | 346,516 | 445,488 | 0 | 445,488 | Actual 2013 | 657,860 | 286,338 | 371,522 | 0 | 371,522 | ||||||
59 | Walgreen - Baton Rouge LA | 0 | 259,615 | 100.0% | 4/1/2015 | Actual 2013 | 285,000 | 0 | 285,000 | 0 | 285,000 | Actual 2012 | 285,000 | 0 | 285,000 | 0 | 285,000 | ||||||
60 | 961 Highway 20 and 81 | 13,813 | 312,728 | 100.0% | 4/1/2015 | Actual 2014 | 413,934 | 50,327 | 363,607 | 0 | 363,607 | Actual 2013 | 411,538 | 47,931 | 363,607 | 0 | 363,607 | ||||||
61 | Interchange Parkway Warehouse | 27,526 | 268,201 | 100.0% | 3/1/2015 | TTM 2/28/2015 | 465,581 | 100,757 | 364,824 | 0 | 364,824 | Actual 2014 | 465,406 | 100,601 | 364,805 | 0 | 364,805 | ||||||
62 | 1550 Kennesaw Due West Road | 10,908 | 260,556 | 100.0% | 4/1/2015 | TTM 9/30/2014 | 333,055 | 32,231 | 300,824 | 0 | 300,824 | Actual 2013 | 331,521 | 30,697 | 300,824 | 0 | 300,824 | ||||||
63 | Brodheadsville Holdings | 6,000 | 274,911 | 100.0% | 4/1/2015 | Actual 2014 | 425,944 | 133,653 | 292,291 | 0 | 292,291 | Actual 2013 | 440,979 | 115,714 | 325,265 | 0 | 325,265 | ||||||
64 | 202 Scuffletown Road | 10,908 | 259,250 | 100.0% | 4/1/2015 | Actual 2014 | 350,543 | 39,735 | 310,808 | 0 | 310,808 | Actual 2013 | 348,651 | 37,843 | 310,808 | 0 | 310,808 | ||||||
65 | Breen Apartments | 0 | 169,769 | 100.0% | 9/10/2014 | Actual 2014 | 350,116 | 161,102 | 189,014 | 21,053 | 167,961 | Actual 2013 | 268,970 | 92,664 | 176,306 | 4,740 | 171,566 | ||||||
66 | Family Dollar | 0 | 196,863 | 100.0% | 4/1/2015 | TTM 8/31/2014 | 255,092 | 34,478 | 220,614 | 0 | 220,614 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
66.01 | 3403 Elvis Presley Boulevard | 0 | 105,846 | 100.0% | 4/1/2015 | TTM 8/31/2014 | 153,357 | 34,017 | 119,340 | 0 | 119,340 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
66.02 | 1608 Douglass Road | 0 | 91,016 | 100.0% | 4/1/2015 | TTM 8/31/2014 | 101,735 | 461 | 101,274 | 0 | 101,274 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||
67 | 5270 Elmore Avenue | 13,928 | 232,829 | 100.0% | 12/31/2014 | TTM 2/27/2015 | 388,463 | 89,335 | 299,128 | 0 | 299,128 | Actual 2014 | 385,479 | 109,457 | 276,022 | 0 | 276,022 | ||||||
68 | Eastern Shore Promenade | 14,171 | 223,412 | 100.0% | 3/10/2015 | Actual 2014 | 296,308 | 51,691 | 244,617 | 2,400 | 242,217 | Actual 2013 | 294,126 | 54,629 | 239,497 | 0 | 239,497 |
A-1-4 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Third Most Recent Period | Third Most Recent Revenues ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent Capital Expenditures | Third Most Recent NCF ($) | Third Most Recent Hotel ADR | Third Most Recent Hotel RevPAR | Master Lease (Y/N) | Largest Tenant Name(3)(7)(8) | Largest Tenant Sq. Ft. | Largest Tenant % of NRA | Largest Tenant Exp. Date | 2nd Largest Tenant Name(2)(3)(7)(8) | 2nd Largest Tenant Sq. Ft. | 2nd Largest Tenant % of NRA | 2nd Largest Tenant Exp. Date | 3rd Largest Tenant Name(2)(3)(7) | 3rd Largest Tenant Sq. Ft. |
1 | Patriots Park | NAV | NAV | NAV | NAV | NAV | NAV | N | U.S. General Services Administration | 723,667 | 100.0% | 9/30/2032 | ||||||||
2 | Eastgate One Phases I-VII & XII | TTM 6/30/2013 | 14,917,746 | 3,566,530 | 11,351,216 | 0 | 11,351,216 | N | Lytx, Inc. | 76,141 | 8.8% | 12/31/2024 | Qualcomm, Inc. | 75,900 | 8.8% | 3/31/2016 | Oracle America, Inc. | 63,412 | ||
3 | Stanford Research Park | NAV | NAV | NAV | NAV | NAV | NAV | N | Cooley LLP | 129,678 | 100.0% | 1/31/2025 | ||||||||
4 | Mayfair in the Grove | Actual 2012 | 4,737,364 | 3,138,825 | 1,598,540 | 0 | 1,598,540 | N | Sapient Corporation | 53,577 | 19.2% | 12/31/2026 | Crispin Porter & Bogusky | 43,024 | 15.5% | 4/30/2022 | Sony BMG Music Entertainment | 20,847 | ||
5 | Eastgate Two Phases VIII-X | TTM 6/30/2013 | 16,349,378 | 2,872,641 | 13,476,737 | 0 | 13,476,737 | N | Amylin Pharmaceuticals | 220,093 | 41.5% | 3/31/2018 | Service-Now | 155,443 | 29.3% | 9/30/2022 | Intercept Pharmaceuticals, Inc | 47,000 | ||
6 | 100 West 57th Street | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||||||||||
7 | 760 & 800 Westchester Avenue | Actual 2012 | 15,093,419 | 7,420,131 | 7,673,288 | 0 | 7,673,288 | N | CBL Path | 64,584 | 11.5% | 11/30/2016 | Guardian Life Insurance | 40,973 | 7.3% | 3/31/2022 | Broadview Networks, Inc | 27,080 | ||
8 | Best Western Premier Herald Square | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | N | ||||||||||
9 | 45 Waterview Boulevard | NAV | NAV | NAV | NAV | NAV | NAV | N | DSM Nutritional Products, LLC | 106,680 | 100.0% | 8/31/2027 | ||||||||
10 | Hotel Valencia | Actual 2012 | 12,491,032 | 10,687,023 | 1,804,009 | 0 | 1,804,009 | 153 | 117 | N | ||||||||||
11 | Empire Shopping Center | Actual 2012 | 3,208,820 | 966,448 | 2,242,372 | 0 | 2,242,372 | N | Petsmart | 19,181 | 15.6% | 3/31/2020 | Office Depot | 18,400 | 15.0% | 6/30/2020 | Old Navy | 14,200 | ||
12 | Southern Palms | Actual 2012 | 2,557,925 | 921,380 | 1,636,545 | 0 | 1,636,545 | N | Sprouts | 47,530 | 19.7% | 6/30/2019 | Goodwill | 28,000 | 11.6% | 10/31/2022 | Imagine Schools, Inc. | 25,917 | ||
13 | Hotel Andra | Actual 2012 | 6,849,365 | 3,625,131 | 3,224,234 | 0 | 3,224,234 | 181 | 143 | N | ||||||||||
14 | 607 South Hill Street | Actual 2012 | 4,533,703 | 1,798,090 | 2,735,613 | 0 | 2,735,613 | N | 88 Imports Inc | 3,912 | 2.6% | 8/31/2016 | European Jewelry Co. | 3,022 | 2.0% | 6/30/2021 | Paris Designs, Inc | 2,167 | ||
15 | 231 West Olive Avenue | Actual 2012 | 2,604,830 | 407,140 | 2,197,690 | 0 | 2,197,690 | N | Viacom Inc. | 72,232 | 100.0% | 8/31/2036 | ||||||||
16 | Colonades II | NAV | NAV | NAV | NAV | NAV | NAV | N | Salix Pharmaceuticals, Inc | 126,926 | 100.0% | 4/14/2023 | ||||||||
17 | 9990 Richmond Avenue | Actual 2012 | 2,978,143 | 1,725,003 | 1,253,140 | 0 | 1,253,140 | N | Selene Finance | 37,324 | 19.8% | 5/31/2018 | Costello | 32,196 | 17.1% | 1/31/2022 | DBR Engineering | 21,463 | ||
18 | Whole Foods Cupertino | Actual 2012 | 2,256,745 | 924,759 | 1,331,986 | 0 | 1,331,986 | N | Whole Foods (leasehold interest) | 67,613 | 100.0% | 1/31/2030 | ||||||||
19 | Sharp Plaza | NAV | NAV | NAV | NAV | NAV | NAV | N | Sharp Electronics Corp. | 147,077 | 100.0% | 6/30/2025 | ||||||||
20 | Naperville Plaza Shopping Center | Actual 2012 | 2,565,513 | 620,052 | 1,945,461 | 0 | 1,945,461 | N | Casey Foods | 26,233 | 22.7% | 7/31/2025 | Trader Joes | 12,450 | 10.8% | 1/31/2019 | Oswald's Pharmacy | 9,769 | ||
21 | Enchanted Woods | Actual 2013 | 2,501,920 | 1,189,864 | 1,312,055 | 0 | 1,312,055 | N | ||||||||||||
22 | Doheny Village Center | Actual 2012 | 1,443,214 | 347,597 | 1,095,617 | 0 | 1,095,617 | N | Smart & Final | 37,160 | 45.7% | 9/30/2022 | Big 5 | 18,000 | 22.1% | 5/31/2019 | Dollar Tree | 12,123 | ||
23 | Goshen Crossing | Actual 2012 | 1,085,220 | 0 | 1,085,220 | 0 | 1,085,220 | N | Giant Foods of Maryland, LLC—Leased Fee | 78,456 | 100.0% | 2/28/2026 | ||||||||
24 | Gateway Portfolio | Actual 2011 | 4,508,098 | 406,656 | 4,101,442 | 0 | 4,101,442 | N | Phoenix Children's Academy | 228,002 | 100.0% | Various | ||||||||
24.01 | Eastfield | Actual 2011 | 321,207 | 24,962 | 296,246 | 0 | 296,246 | N | Phoenix Children's Academy | 12,964 | 100.0% | 5/31/2029 | ||||||||
24.02 | Reames Road | Actual 2011 | 306,107 | 12,285 | 293,821 | 0 | 293,821 | N | Phoenix Children's Academy | 12,964 | 100.0% | 7/31/2029 | ||||||||
24.03 | Whitehall | Actual 2011 | 313,726 | 19,905 | 293,821 | 0 | 293,821 | N | Phoenix Children's Academy | 12,964 | 100.0% | 9/30/2029 | ||||||||
24.04 | Ballantyne | Actual 2011 | 260,737 | 15,001 | 245,736 | 0 | 245,736 | N | Phoenix Children's Academy | 11,800 | 100.0% | 12/31/2025 | ||||||||
24.05 | Wilmington | Actual 2011 | 253,581 | 7,869 | 245,712 | 0 | 245,712 | N | Phoenix Children's Academy | 12,355 | 100.0% | 12/31/2025 | ||||||||
24.06 | Matthews | Actual 2011 | 270,303 | 24,591 | 245,712 | 0 | 245,712 | N | Phoenix Children's Academy | 12,355 | 100.0% | 12/31/2025 | ||||||||
24.07 | Columbine | Actual 2011 | 218,956 | 50,638 | 168,318 | 0 | 168,318 | N | Phoenix Children's Academy | 10,400 | 100.0% | 12/31/2025 | ||||||||
24.08 | DTC | Actual 2011 | 168,318 | 0 | 168,318 | 0 | 168,318 | N | Phoenix Children's Academy | 10,400 | 100.0% | 12/31/2025 | ||||||||
24.09 | Mt. Pleasant | Actual 2011 | 186,128 | 21,598 | 164,530 | 0 | 164,530 | N | Phoenix Children's Academy | 10,100 | 100.0% | 12/31/2025 | ||||||||
24.10 | Broomfield | Actual 2011 | 165,071 | 0 | 165,071 | 0 | 165,071 | N | Phoenix Children's Academy | 10,200 | 100.0% | 12/31/2025 | ||||||||
24.11 | Ken Caryl | Actual 2011 | 214,144 | 49,073 | 165,071 | 0 | 165,071 | N | Phoenix Children's Academy | 10,200 | 100.0% | 12/31/2025 | ||||||||
24.12 | Surfside | Actual 2011 | 175,989 | 11,460 | 164,530 | 0 | 164,530 | N | Phoenix Children's Academy | 10,100 | 100.0% | 12/31/2025 | ||||||||
24.13 | Mauldin | Actual 2011 | 180,081 | 15,552 | 164,530 | 0 | 164,530 | N | Phoenix Children's Academy | 10,100 | 100.0% | 12/31/2025 | ||||||||
24.14 | Charleston | Actual 2011 | 186,035 | 21,505 | 164,530 | 0 | 164,530 | N | Phoenix Children's Academy | 10,100 | 100.0% | 12/31/2025 | ||||||||
24.15 | Greenville | Actual 2011 | 179,348 | 14,818 | 164,530 | 0 | 164,530 | N | Phoenix Children's Academy | 10,100 | 100.0% | 12/31/2025 | ||||||||
24.16 | Summerville | Actual 2011 | 183,885 | 19,355 | 164,530 | 0 | 164,530 | N | Phoenix Children's Academy | 10,100 | 100.0% | 12/31/2025 | ||||||||
24.17 | Northeast | Actual 2011 | 192,048 | 27,519 | 164,529 | 0 | 164,529 | N | Phoenix Children's Academy | 10,100 | 100.0% | 12/31/2025 | ||||||||
24.18 | Harbinson | Actual 2011 | 187,855 | 23,326 | 164,530 | 0 | 164,530 | N | Phoenix Children's Academy | 10,100 | 100.0% | 12/31/2025 | ||||||||
24.19 | Myrtle Beach | Actual 2011 | 174,875 | 10,345 | 164,530 | 0 | 164,530 | N | Phoenix Children's Academy | 10,100 | 100.0% | 12/31/2025 | ||||||||
24.20 | Lexington | Actual 2011 | 201,385 | 36,855 | 164,530 | 0 | 164,530 | N | Phoenix Children's Academy | 10,100 | 100.0% | 12/31/2025 | ||||||||
24.21 | Smoky Hill | Actual 2011 | 168,318 | 0 | 168,318 | 0 | 168,318 | N | Phoenix Children's Academy | 10,400 | 100.0% | 12/31/2025 | ||||||||
25 | Concourse-Office | NAV | NAV | NAV | NAV | NAV | NAV | N | Huron Consulting Services LLC | 27,082 | 20.8% | 2/28/2022 | TSA/GSA | 15,896 | 12.2% | 6/14/2022 | US Falcon Inc | 8,215 | ||
26 | 2400 Veterans Office | NAV | NAV | NAV | NAV | NAV | NAV | N | Altus Global Trade Solutions | 26,312 | 19.8% | 9/30/2017 | State Farm Insurance | 17,664 | 13.3% | 8/31/2018 | Aetna Health Management, LLC | 15,113 | ||
27 | Payson Village | Actual 2012 | 1,429,944 | 351,024 | 1,078,919 | 0 | 1,078,919 | N | Bashas' | 53,305 | 37.9% | 5/31/2024 | Dollar Tree | 14,000 | 10.0% | 7/31/2020 | Big 5 Sporting Goods | 13,560 | ||
28 | Quadrangle Corporate Park | Actual 2012 | 1,559,037 | 388,695 | 1,170,342 | 0 | 1,170,342 | N | Siemens Shared Services | 52,125 | 63.4% | 4/30/2019 | E-tour and Travel, Inc. | 16,964 | 20.6% | 4/30/2018 | Cemex Construction Mate | 13,086 | ||
29 | Canyon Falls | NAV | NAV | NAV | NAV | NAV | NAV | N | Envision RX Options Inc | 39,387 | 41.8% | 11/30/2023 | Shelly Company | 17,817 | 18.9% | 12/31/2016 | Envision Rx Options | 16,776 | ||
30 | Braun Pointe Shopping Center | Actual 2012 | 873,683 | 379,747 | 493,936 | 0 | 493,936 | N | Fast Eddie's | 9,941 | 18.3% | 9/30/2019 | Fitness 19 | 6,951 | 12.8% | 12/31/2018 | VA Medical Office | 3,468 | ||
31 | 303 East Vanderbilt | NAV | NAV | NAV | NAV | NAV | NAV | N | County of San Bernardino (Department of Behavioral Health) | 70,000 | 100.0% | 7/31/2024 | ||||||||
32 | Homewood Suites Woodlands | Actual 2012 | 3,371,669 | 2,135,530 | 1,236,139 | 0 | 1,236,139 | 123 | 97 | N | ||||||||||
33 | Addison Chicago | NAV | NAV | NAV | NAV | NAV | NAV | N | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | ||
33.01 | 2620 West Addison Street | NAV | NAV | NAV | NAV | NAV | NAV | N | National Medical Care, Inc. | 9,430 | 39.4% | 7/31/2024 | A Kid's Work Learning Ctr | 9,000 | 37.6% | 7/31/2026 | Associates in Nephralogy | 5,530 | ||
33.02 | 2633 West Addison Street | NAV | NAV | NAV | NAV | NAV | NAV | N | Kids' Work Chicago, Inc. | 15,000 | 100.0% | 1/1/2027 | ||||||||
34 | Lambert Palm Industrial | Actual 2013 | 1,345,395 | 510,425 | 834,970 | 0 | 834,970 | N | Vineyard Christian F | 14,134 | 7.6% | 12/31/2016 | Richard Winberry | 9,257 | 5.0% | 12/31/2016 | CTP Manufacturing | 6,888 | ||
35 | Town Hall Commons | Actual 2012 | 1,331,255 | 491,394 | 839,861 | 0 | 839,861 | N | Fujifilm Diosynth | 58,366 | 82.0% | 6/30/2022 | Virante, Inc. | 7,509 | 10.6% | 11/30/2017 | Field2Base, Inc. | 3,427 | ||
36 | Shoppes at Fair Oaks | NAV | NAV | NAV | NAV | NAV | NAV | N | Lather | 6,896 | 22.1% | 10/31/2015 | The Blind Donkey | 6,474 | 20.8% | 12/31/2019 | Dr. Raj Pandita | 2,561 | ||
37 | Monterey Road Marketplace | Actual 2012 | 503,639 | 210,787 | 292,852 | 0 | 292,852 | N | Grocery Outlet, Inc. | 24,775 | 73.5% | 8/31/2024 | Chick-Fil-A — Leased Fee | 4,530 | 13.4% | 1/31/2029 | Taco Bell — Leased Fee | 4,415 | ||
38 | 2100 Van Deman Street | Actual 2012 | 818,824 | 139,735 | 679,089 | 0 | 679,089 | N | Globe Express Services | 42,475 | 54.7% | 4/30/2019 | Brand Services | 32,500 | 41.8% | 12/31/2018 | Joseph Vonella | 1 | ||
39 | 2030 Highland Avenue | Actual 2012 | 866,632 | 100,765 | 765,867 | 0 | 765,867 | N | CH Hospital of Allentown | 35,200 | 100.0% | 5/31/2034 | ||||||||
40 | Beechnut Village Shopping Center | Actual 2012 | 854,674 | 297,691 | 556,983 | 0 | 556,983 | N | The Salvation Army | 21,000 | 33.2% | 3/31/2017 | La Michoacana Meat Market | 8,835 | 14.0% | 11/30/2023 | Kar Fix | 5,789 | ||
41 | Greenview Apartments | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||||||||||
42 | Comfort Suites Columbia Gateway | Actual 2012 | 1,775,772 | 1,237,852 | 537,920 | 0 | 537,920 | 88 | 58 | N | ||||||||||
43 | Chicago Northside Portfolio - Pool 3 | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||||||||||
43.01 | 2104 W. Foster Avenue | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||||||||||
43.02 | 5073 N. Wolcott Avenue | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||||||||||
44 | Chicago Northside Portfolio - Pool 2 | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||||||||||
44.01 | 4621-25 N. Lincoln & 2259-63 W. Eastwood | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||||||||||
44.02 | 2243-51 W. Eastwood Avenue | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||||||||||
45 | Towncentre Professional | Actual 2013 | 755,745 | 188,589 | 567,156 | 0 | 567,156 | N | FMC Dialysis Services of Brentwood | 7,984 | 23.7% | 1/31/2020 | Brentwood Dentistry Group | 3,539 | 10.5% | 4/30/2021 | Futures Explored | 3,528 | ||
46 | Hill Road Plaza | Actual 2012 | 602,235 | 207,054 | 395,181 | 0 | 395,181 | N | Big Lots | 35,000 | 38.9% | 1/31/2022 | Planet Fitness | 20,990 | 23.3% | 6/30/2022 | Scrambler Marie's | 5,050 | ||
47 | Centennial Plaza | NAV | NAV | NAV | NAV | NAV | NAV | N | Fitness Alliance LLC | 8,601 | 19.7% | 12/31/2024 | Goodyear Tire | 7,076 | 16.2% | 10/31/2018 | Five Star Tavern | 4,876 | ||
48 | Walgreen - Montgomery, TX | Actual 2011 | 405,200 | 26,200 | 379,000 | 0 | 379,000 | N | Walgreen Co. | 14,820 | 100.0% | 2/29/2084 | ||||||||
49 | Chicago Northside Portfolio - Pool 4 | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||||||||||
49.01 | Irving Park | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||||||||||
49.02 | 7434-38 N. Artesian Avenue | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||||||||||
50 | 505 Independence Road | Actual 2012 | 663,825 | 156,509 | 507,316 | 0 | 507,316 | N | CH Hospital of Allentown | 19,516 | 75.8% | 5/31/2034 | Heart Care of the Poconos | 2,643 | 10.3% | MTM | Dr Boris Paul | 1,826 | ||
51 | Walgreen - N. San Antonio TX | Actual 2011 | 400,238 | 32,238 | 368,000 | 0 | 368,000 | N | Walgreen Co. | 14,490 | 100.0% | 3/31/2078 | ||||||||
52 | Walgreen - Houston TX | Actual 2011 | 393,272 | 43,272 | 350,000 | 0 | 350,000 | N | Walgreen Co. | 14,560 | 100.0% | 7/31/2078 | ||||||||
53 | Walgreen - Cypress, TX | Actual 2011 | 406,978 | 49,978 | 357,000 | 0 | 357,000 | N | Walgreen Co. | 14,560 | 100.0% | 9/30/2078 | ||||||||
54 | Ross Dress for Less - Burbank | Actual 2012 | 417,500 | 19,637 | 397,863 | 0 | 397,863 | N | Ross Dress for Less | 34,912 | 100.0% | 1/31/2020 | ||||||||
55 | Walgreen - Fond Du Lac, WI | Actual 2011 | 367,238 | 43,238 | 324,000 | 0 | 324,000 | N | Walgreen Co. | 14,490 | 100.0% | 8/31/2082 | ||||||||
56 | Lexington Condo | NAV | NAV | NAV | NAV | NAV | NAV | N | Sunshine LC of Lexington LLC | 5,890 | 100.0% | 11/30/2029 | ||||||||
57 | Walgreen - Faribault, MN | Actual 2011 | 362,850 | 52,850 | 310,000 | 0 | 310,000 | N | Walgreen Co. | 14,820 | 100.0% | 7/31/2079 | ||||||||
58 | The Glen Apartments | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||||||||||
59 | Walgreen - Baton Rouge LA | Actual 2011 | 285,000 | 0 | 285,000 | 0 | 285,000 | N | Walgreen Co. | 14,560 | 100.0% | 10/31/2079 | ||||||||
60 | 961 Highway 20 and 81 | Actual 2012 | 411,615 | 48,008 | 363,607 | 0 | 363,607 | N | Rite Aid | 13,813 | 100.0% | 11/17/2029 | ||||||||
61 | Interchange Parkway Warehouse | Actual 2013 | 407,805 | 103,637 | 304,168 | 0 | 304,168 | N | Metro Wholesale | 22,428 | 24.3% | 1/31/2018 | Artesia Springs | 22,400 | 24.3% | 1/31/2018 | Magi Foods | 15,290 | ||
62 | 1550 Kennesaw Due West Road | Actual 2012 | 331,777 | 30,953 | 300,824 | 0 | 300,824 | N | Rite Aid | 10,908 | 100.0% | 11/30/2024 | ||||||||
63 | Brodheadsville Holdings | Actual 2012 | 370,323 | 43,179 | 327,144 | 0 | 327,144 | N | CH Hospital of Allentown | 12,000 | 100.0% | 5/31/2034 | ||||||||
64 | 202 Scuffletown Road | Actual 2012 | 347,413 | 36,605 | 310,808 | 0 | 310,808 | N | Rite Aid | 10,908 | 100.0% | 12/10/2023 | ||||||||
65 | Breen Apartments | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||||||||||
66 | Family Dollar | NAV | NAV | NAV | NAV | NAV | NAV | N | Various | Various | Various | Various | ||||||||
66.01 | 3403 Elvis Presley Boulevard | NAV | NAV | NAV | NAV | NAV | NAV | N | Family Dollar Stores of Tennessee, Inc. | 9,180 | 100.0% | 9/30/2023 | ||||||||
66.02 | 1608 Douglass Road | NAV | NAV | NAV | NAV | NAV | NAV | N | Family Dollar Stores of Texas, LLC | 8,320 | 100.0% | 3/31/2024 | ||||||||
67 | 5270 Elmore Avenue | Actual 2013 | 381,697 | 97,397 | 284,300 | 0 | 284,300 | N | Aspen Dental | 3,200 | 28.7% | 8/31/2021 | Vitamin Shoppe | 3,000 | 26.9% | 8/31/2021 | Chipotle | 2,500 | ||
68 | Eastern Shore Promenade | Actual 2012 | 287,131 | 58,619 | 228,513 | 0 | 228,513 | N | AT&T | 3,500 | 43.8% | 3/31/2019 | Firehouse Subs | 1,500 | 18.8% | 4/30/2019 | Cece & Amy Hair Salon | 1,000 |
A-1-5 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | 3rd Largest Tenant % of NRA | 3rd Largest Tenant Exp. Date | 4th Largest Tenant Name(3)(7)(8) | 4th Largest Tenant Sq. Ft. | 4th Largest Tenant % of NRA | 4th Largest Tenant Exp. Date | 5th Largest Tenant Name(3)(7) | 5th Largest Tenant Sq. Ft. | 5th Largest Tenant % of NRA | 5th Largest Tenant Exp. Date | Engineering Report Date | Environmental Report Date (Phase I) | Environmental Report Date (Phase II) | Seismic Report Date | Seismic PML % | Seismic Insurance Required (Y/N) | Terrorism Insurance (Y/N) | Loan Purpose |
1 | Patriots Park | 7/21/2014 | 7/21/2014 | N | Y | Acquisition | |||||||||||||
2 | Eastgate One Phases I-VII & XII | 7.4% | 9/30/2021 | Agena Bioscience | 55,558 | 6.5% | 10/31/2020 | L-3 Communications Corporation | 48,293 | 5.6% | 7/31/2017 | 2/27/2015 | 2/27/2015 | 2/27/2015 | 9.0% | N | Y | Refinance | |
3 | Stanford Research Park | 4/28/2014 | 6/3/2014 (Hanover Property); 5/12/2014 (El Camino Property) | 2/28/2014 | 12.0% | N | Y | Acquisition | |||||||||||
4 | Mayfair in the Grove | 7.5% | 10/31/2018 | Healthsun Health Plans, Inc. | 18,898 | 6.8% | 2/9/2023 | Open English LLC | 13,716 | 4.9% | 9/30/2019 | 12/8/2014 | 12/8/2014 | N | Y | Refinance | |||
5 | Eastgate Two Phases VIII-X | 8.9% | 9/30/2019 | DivX | 38,807 | 7.3% | 11/30/2019 | WMK Office San Diego, LLC | 23,500 | 4.4% | 3/31/2020 | 2/23/2015 | 2/23/2015 | 2/20/2015 | 8.0% | N | Y | Refinance | |
6 | 100 West 57th Street | 9/26/2014 | 9/23/2014 | N | Y | Acquisition | |||||||||||||
7 | 760 & 800 Westchester Avenue | 4.8% | 4/30/2019 | WRNN-TV | 24,391 | 4.3% | 11/30/2015 | Stark Office Suites | 21,550 | 3.8% | 3/31/2026 | 10/9/2014 | 4/17/2014 | N | Y | Refinance | |||
8 | Best Western Premier Herald Square | 4/15/2014 | 4/4/2014 | N | Y | Refinance | |||||||||||||
9 | 45 Waterview Boulevard | 9/15/2014 | 9/15/2014 | N | Y | Acquisition | |||||||||||||
10 | Hotel Valencia | 12/1/2014 | 12/1/2014 | N | Y | Refinance | |||||||||||||
11 | Empire Shopping Center | 11.6% | 3/31/2020 | Kirkland's | 12,268 | 10.0% | 1/31/2022 | Panera Bread | 5,200 | 4.2% | 12/31/2020 | 2/19/2015 | 2/19/2015 | 2/19/2015 | 10.0% | N | Y | Acquisition | |
12 | Southern Palms | 10.7% | 6/30/2026 | Planet Fitness | 20,670 | 8.5% | 5/31/2024 | Joe's Crab Shack | 9,000 | 3.7% | 7/31/2016 | 1/20/2015 | 1/20/2015 | N | Y | Refinance | |||
13 | Hotel Andra | 11/20/2014 | 11/20/2014 | 11/20/2014 | 16.0% | N | Y | Refinance | |||||||||||
14 | 607 South Hill Street | 1.4% | 2/28/2017 | Majolie Collections | 1,947 | 1.3% | 2/29/2016 | California Collectio | 1,885 | 1.3% | MTM | 11/25/2014 | 11/25/2014 | 10/21/2014 | 18.0% | N | Y | Refinance | |
15 | 231 West Olive Avenue | 10/29/2014 | 10/27/2014 | 10/24/2014 | 15.0% | N | Y | Refinance | |||||||||||
16 | Colonades II | 12/8/2014 | 12/3/2014 | N | Y | Acquisition | |||||||||||||
17 | 9990 Richmond Avenue | 11.4% | 4/30/2019 | ADP | 17,819 | 9.5% | 6/30/2015 | Norris Training Systems | 16,380 | 8.7% | 4/30/2021 | 10/23/2014 | 10/23/2014 | N | Y | Acquisition | |||
18 | Whole Foods Cupertino | 9/17/2014 | 9/16/2014 | 9/16/2014 | 13.0% | N | Y | Refinance | |||||||||||
19 | Sharp Plaza | 1/5/2015 | 1/19/2015 | N | Y | Acquisition | |||||||||||||
20 | Naperville Plaza Shopping Center | 8.4% | 4/30/2024 | Bridgestone/Firestone | 8,568 | 7.4% | 2/28/2017 | Sherwin Williams | 5,200 | 4.5% | 3/31/2023 | 3/2/2015 | 3/24/2015 | N | Y | Refinance | |||
21 | Enchanted Woods | 2/27/2015 | 2/27/2015 | 2/27/2015 | 7.0% | N | Y | Refinance | |||||||||||
22 | Doheny Village Center | 14.9% | 11/30/2015 | Dana Party Supplies | 5,400 | 6.6% | MTM | Shanghai Charlie's | 2,692 | 3.3% | MTM | 1/14/2015 | 1/14/2015 | 3/31/2015 | 1/14/2015 | 18.0% | N | Y | Refinance |
23 | Goshen Crossing | NAP | 12/17/2014 | N | Y | Acquisition | |||||||||||||
24 | Gateway Portfolio | Various | Various | N | Y | Refinance | |||||||||||||
24.01 | Eastfield | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.02 | Reames Road | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.03 | Whitehall | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.04 | Ballantyne | 8/20/2014 | 8/20/2014 | N | Y | ||||||||||||||
24.05 | Wilmington | 8/21/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.06 | Matthews | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.07 | Columbine | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.08 | DTC | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.09 | Mt. Pleasant | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.10 | Broomfield | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.11 | Ken Caryl | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.12 | Surfside | 8/11/2014 | 8/7/2014 | N | Y | ||||||||||||||
24.13 | Mauldin | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.14 | Charleston | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.15 | Greenville | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.16 | Summerville | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.17 | Northeast | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.18 | Harbinson | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.19 | Myrtle Beach | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.20 | Lexington | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
24.21 | Smoky Hill | 8/11/2014 | 8/11/2014 | N | Y | ||||||||||||||
25 | Concourse-Office | 6.3% | 6/30/2016 | Kelly Services Inc. | 7,650 | 5.9% | 7/31/2020 | Corporate Software | 6,647 | 5.1% | 8/31/2016 | 1/5/2015 | 2/5/2015 | N | Y | Acquisition | |||
26 | 2400 Veterans Office | 11.4% | 3/31/2020 | Louisiana Society of CPAs | 10,499 | 7.9% | 4/30/2019 | Crescent Drilling | 6,115 | 4.6% | 8/31/2021 | 2/13/2015 | 2/13/2015 | N | Y | Refinance | |||
27 | Payson Village | 9.7% | 1/31/2016 | Ayothaya Thai Cafe | 5,000 | 3.6% | 11/30/2015 | Native Grill & Wings | 5,000 | 3.6% | 10/31/2024 | 3/4/2015 | 1/12/2015 | 2/8/2015 | N | Y | Acquisition | ||
28 | Quadrangle Corporate Park | 15.9% | 12/31/2018 | 8/15/2014 | 8/19/2014 | N | Y | Acquisition | |||||||||||
29 | Canyon Falls | 17.8% | 11/30/2023 | Gateway Hospitality Group | 6,796 | 7.2% | 5/31/2018 | Kaiser Permanente | 6,398 | 6.8% | 2/28/2018 | 10/28/2014 | 10/28/2014 | N | Y | Acquisition | |||
30 | Braun Pointe Shopping Center | 6.4% | 1/24/2020 | USA Federal Credit Union | 3,016 | 5.6% | 2/28/2020 | Dominion Mixed Martial Arts | 3,000 | 5.5% | 6/30/2019 | 2/17/2015 | 2/17/2015 | N | Y | Refinance | |||
31 | 303 East Vanderbilt | 11/19/2014 | 11/19/2014 | 11/19/2014 | 17.0% | N | Y | Refinance | |||||||||||
32 | Homewood Suites Woodlands | 2/6/2015 | 2/4/2015 | N | Y | Refinance | |||||||||||||
33 | Addison Chicago | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | 10/21/2014 | 10/22/2014 | N | Y | Refinance | |||
33.01 | 2620 West Addison Street | 23.1% | 7/31/2019 | 10/21/2014 | 10/22/2014 | N | Y | ||||||||||||
33.02 | 2633 West Addison Street | 10/21/2014 | 10/22/2014 | N | Y | ||||||||||||||
34 | Lambert Palm Industrial | 3.7% | 6/30/2015 | Donald Reardon Jr. | 4,743 | 2.5% | 6/30/2016 | Scott A. Szeredy | 4,500 | 2.4% | 1/31/2017 | 2/20/2015 | 2/20/2015 | 2/20/2015 | 16.0% | N | Y | Refinance | |
35 | Town Hall Commons | 4.8% | 12/31/2018 | Marcus & Millichap | 1,866 | 2.6% | 11/30/2017 | 2/25/2015 | 2/26/2015 | N | Y | Refinance | |||||||
36 | Shoppes at Fair Oaks | 8.2% | 12/31/2019 | Original Scent | 2,088 | 6.7% | 8/31/2017 | Calibistro Restaurant/Bakery | 1,890 | 6.1% | 4/30/2020 | 9/18/2014 | 9/18/2014 | 9/18/2014 | 18.0% | N | Y | Refinance | |
37 | Monterey Road Marketplace | 13.1% | 3/25/2112 | 12/5/2014 | 12/10/2014 | 12/5/2014 | 10.0% | N | Y | Refinance | |||||||||
38 | 2100 Van Deman Street | 0.0% | 2/28/2018 | 12/23/2014 | 12/24/2014 | N | Y | Refinance | |||||||||||
39 | 2030 Highland Avenue | 4/11/2014 | 4/11/2014 | N | Y | Refinance | |||||||||||||
40 | Beechnut Village Shopping Center | 9.2% | 5/31/2017 | Tequila Lopez | 4,576 | 7.2% | 2/28/2017 | Royal Dental | 4,175 | 6.6% | 12/31/2015 | 12/1/2014 | 11/26/2014 | 12/18/2014 | N | Y | Refinance | ||
41 | Greenview Apartments | 9/24/2014 | 9/24/2014 | N | Y | Refinance | |||||||||||||
42 | Comfort Suites Columbia Gateway | 1/8/2015 | 1/13/2015 | N | Y | Refinance | |||||||||||||
43 | Chicago Northside Portfolio - Pool 3 | Various | Various | N | Y | Acquisition | |||||||||||||
43.01 | 2104 W. Foster Avenue | 11/23/2014 | 11/18/2014 | N | Y | ||||||||||||||
43.02 | 5073 N. Wolcott Avenue | 11/24/2014 | 11/19/2014 | N | Y | ||||||||||||||
44 | Chicago Northside Portfolio - Pool 2 | 11/23/2014 | 11/19/2014 | N | Y | Acquisition | |||||||||||||
44.01 | 4621-25 N. Lincoln & 2259-63 W. Eastwood | 11/23/2014 | 11/19/2014 | N | Y | ||||||||||||||
44.02 | 2243-51 W. Eastwood Avenue | 11/23/2014 | 11/19/2014 | N | Y | ||||||||||||||
45 | Towncentre Professional | 10.5% | 7/31/2024 | California Eye Clinic | 3,109 | 9.2% | 4/30/2017 | Brentwood Pediatrics | 2,724 | 8.1% | 8/31/2022 | 2/18/2015 | 2/18/2015 | 2/17/2015 | 9.0% | N | Y | Refinance | |
46 | Hill Road Plaza | 5.6% | 9/30/2024 | RE/MAX | 3,750 | 4.2% | 12/31/2019 | Hotheads (Rakaya Dev.) | 3,000 | 3.3% | 2/28/2021 | 2/6/2015 | 2/6/2015 | N | Y | Acquisition | |||
47 | Centennial Plaza | 11.2% | 5/31/2022 | Dollar Loan Center | 3,553 | 8.1% | 4/30/2018 | Elite Dental | 3,033 | 6.9% | 4/30/2025 | 1/28/2015 | 1/28/2015 | N | Y | Acquisition | |||
48 | Walgreen - Montgomery, TX | 11/19/2014 | 11/21/2014 | N | Y | Acquisition | |||||||||||||
49 | Chicago Northside Portfolio - Pool 4 | Various | Various | N | Y | Acquisition | |||||||||||||
49.01 | Irving Park | 11/24/2014 | 11/20/2014 | N | Y | ||||||||||||||
49.02 | 7434-38 N. Artesian Avenue | 11/23/2014 | 11/18/2014 | N | Y | ||||||||||||||
50 | 505 Independence Road | 7.1% | MTM | Health Network Laboratories LP | 943 | 3.7% | 3/31/2016 | 4/11/2014 | 4/11/2014 | N | Y | Refinance | |||||||
51 | Walgreen - N. San Antonio TX | 11/21/2014 | 12/22/2014 | N | Y | Acquisition | |||||||||||||
52 | Walgreen - Houston TX | 11/21/2014 | 11/21/2014 | N | Y | Acquisition | |||||||||||||
53 | Walgreen - Cypress, TX | 11/24/2014 | 11/25/2014 | N | Y | Acquisition | |||||||||||||
54 | Ross Dress for Less - Burbank | 2/20/2015 | 2/20/2015 | 2/20/2015 | 18.0% | N | Y | Refinance | |||||||||||
55 | Walgreen - Fond Du Lac, WI | 12/18/2014 | 12/17/2014 | N | Y | Acquisition | |||||||||||||
56 | Lexington Condo | 8/25/2014 | 8/25/2014 | N | Y | Refinance | |||||||||||||
57 | Walgreen - Faribault, MN | 11/7/2014 | 11/5/2014 | N | Y | Acquisition | |||||||||||||
58 | The Glen Apartments | 12/30/2014 | 12/31/2014 | N | Y | Acquisition | |||||||||||||
59 | Walgreen - Baton Rouge LA | 12/5/2014 | 12/5/2014 | N | Y | Acquisition | |||||||||||||
60 | 961 Highway 20 and 81 | 10/3/2014 | 10/6/2014 | N | Y | Refinance | |||||||||||||
61 | Interchange Parkway Warehouse | 16.6% | 2/28/2016 | Hart Lumber | 13,000 | 14.1% | 2/29/2016 | A&P Ice | 11,200 | 12.1% | 3/31/2020 | 3/2/2015 | 2/17/2015 | N | Y | Refinance | |||
62 | 1550 Kennesaw Due West Road | 10/6/2014 | 10/6/2014 | N | Y | Refinance | |||||||||||||
63 | Brodheadsville Holdings | 4/11/2014 | 4/11/2014 | N | Y | Refinance | |||||||||||||
64 | 202 Scuffletown Road | 10/3/2014 | 10/7/2014 | N | Y | Refinance | |||||||||||||
65 | Breen Apartments | 9/8/2014 | 8/28/2014 | N | Y | Refinance | |||||||||||||
66 | Family Dollar | Various | 9/2/2014 | N | Y | Refinance | |||||||||||||
66.01 | 3403 Elvis Presley Boulevard | 8/27/2014 | 9/2/2014 | N | Y | ||||||||||||||
66.02 | 1608 Douglass Road | 8/29/2014 | 9/2/2014 | N | Y | ||||||||||||||
67 | 5270 Elmore Avenue | 22.4% | 10/31/2021 | Select Comfort | 2,442 | 21.9% | 7/31/2018 | 1/26/2015 | 1/26/2015 | N | Y | Acquisition | |||||||
68 | Eastern Shore Promenade | 12.5% | 4/30/2018 | Purity Nails & Spa | 1,000 | 12.5% | 6/30/2019 | Back On Track Clinics | 1,000 | 12.5% | 11/30/2019 | 2/6/2015 | 2/9/2015 | N | Y | Refinance |
A-1-6 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Engineering Escrow / Deferred Maintenance ($) | Tax Escrow (Initial) | Monthly Tax Escrow ($) | Tax Escrow - Cash or LoC | Tax Escrow - LoC Counterparty | Insurance Escrow (Initial) | Monthly Insurance Escrow ($) | Insurance Escrow - Cash or LoC | Insurance Escrow - LoC Counterparty | Upfront Replacement Reserve ($) | Monthly Replacement Reserve ($)(9) | Replacement Reserve Cap ($) | Replacement Reserve Escrow - Cash or LoC | Replacement Reserve Escrow - LoC Counterparty | Upfront TI/LC Reserve ($)(3) | Monthly TI/LC Reserve ($)(10) | TI/LC Reserve Cap ($) | TI/LC Escrow - Cash or LoC | TI/LC Escrow - LoC Counterparty | Debt Service Escrow (Initial) ($) |
1 | Patriots Park | 0 | 1,101,043 | 220,209 | Cash | 18,896 | 18,896 | Cash | 4,187,856 | 9,046 | 4,187,856 | Cash | 0 | 0 | 0 | 0 | |||||
2 | Eastgate One Phases I-VII & XII | 0 | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | Springing | 0 | 0 | ||||||||
3 | Stanford Research Park | 0 | 0 | Springing | 0 | Springing | 0 | 1,621 | 100,000 | Cash | 1,887,146 | 0 | 0 | Cash | 0 | ||||||
4 | Mayfair in the Grove | 0 | 211,071 | 52,768 | Cash | 159,973 | 26,662 | Cash | 0 | 4,766 | 0 | Cash | 2,730,575 | 25,525 | 1,225,202 | Cash | 0 | ||||
5 | Eastgate Two Phases VIII-X | 0 | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | Springing | 0 | 0 | ||||||||
6 | 100 West 57th Street | 0 | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
7 | 760 & 800 Westchester Avenue | 100,000 | 455,196 | 227,598 | Cash | 117,783 | Springing | Cash | 0 | 8,333 | 0 | Cash | 3,000,000 | Springing | 1,000,000 | Cash | 0 | ||||
8 | Best Western Premier Herald Square | 0 | 0 | 92,465 | Cash | 16,796 | 8,398 | Cash | 0 | 1/12th of 4% of gross revenues for the previous calendar year | 0 | Cash | 0 | 0 | 0 | 0 | |||||
9 | 45 Waterview Boulevard | 3,750 | 29,641 | 29,641 | Cash | 5,141 | 2,571 | Cash | 0 | 445 | 0 | Cash | 0 | 0 | 0 | 0 | |||||
10 | Hotel Valencia | 0 | 134,909 | 67,455 | Cash | 9,644 | 9,644 | Cash | 0 | 1/12 of 4% of prior year's Gross Revenues | 0 | Cash | 0 | 0 | 0 | 0 | |||||
11 | Empire Shopping Center | 0 | 20,426 | 20,426; Springing | Cash | 5,642 | 2,821 | Cash | 0 | 2,148 | 0 | Cash | 0 | 8,695; Springing | 300,000 | Cash | 0 | ||||
12 | Southern Palms | 156,188 | 33,563 | 33,563 | Cash | 0 | Springing | 0 | 4,300 | 154,787 | Cash | 0 | 12,500; Springing | 450,000 | Cash | 0 | |||||
13 | Hotel Andra | 0 | 53,539 | 13,385 | Cash | 19,306 | 9,653 | Cash | 0 | 1/12 of 4% of gross revenues (exclusive of parking and restaurant revenues) for the previous calendar year | 0 | Cash | 0 | 0 | 0 | 0 | |||||
14 | 607 South Hill Street | 12,250 | 38,479 | 19,240 | Cash | 18,790 | Springing | Cash | 0 | 1,880 | 112,771 | Cash | 0 | 0 | 0 | 0 | |||||
15 | 231 West Olive Avenue | 0 | 4,417 | 14,707 | Cash | 0 | Springing | 0 | 903 | 0 | Cash | 168,750 | 56,250 | 2,350,000 | Cash | 0 | |||||
16 | Colonades II | 0 | 72,789 | 36,395 | Cash | 885 | 885 | Cash | 0 | 1,587 | 0 | Cash | 355,000 | 0 | 0 | Cash | 0 | ||||
17 | 9990 Richmond Avenue | 0 | 401,008 | 42,848 | Cash | 110,690 | 8,352 | Cash | 852,600 | 2,960 | 71,046 | Cash | 1,015,000 | 15,580 | 753,756 | Cash | 0 | ||||
18 | Whole Foods Cupertino | 0 | 0 | Springing | 854 | Springing | Cash | 0 | 845 | 0 | Cash | 0 | 0 | 0 | 0 | ||||||
19 | Sharp Plaza | 23,659 | 0 | 48,173 | Cash | 16,616 | Springing | Cash | 0 | 1,838 | 0 | Cash | 0 | Springing | 0 | 0 | |||||
20 | Naperville Plaza Shopping Center | 33,413 | 236,476 | 29,559 | Cash | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | 0 | |||||||
21 | Enchanted Woods | 0 | 31,407 | 31,407 | Cash | 47,269 | 4,727 | Cash | 0 | 5,172 | 0 | Cash | 0 | 0 | 0 | 0 | |||||
22 | Doheny Village Center | 0 | 9,652 | 9,652 | Cash | 31,120 | 6,224 | Cash | 0 | 1,839; Springing | 66,201 | Cash | 0 | Springing | 0 | 0 | |||||
23 | Goshen Crossing | 0 | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
24 | Gateway Portfolio | 272,202 | 260,328 | Springing | Cash | 78,689 | 26,230 | Cash | 0 | 2,850 | 0 | Cash | 0 | Springing | 0 | 0 | |||||
24.01 | Eastfield | ||||||||||||||||||||
24.02 | Reames Road | ||||||||||||||||||||
24.03 | Whitehall | ||||||||||||||||||||
24.04 | Ballantyne | ||||||||||||||||||||
24.05 | Wilmington | ||||||||||||||||||||
24.06 | Matthews | ||||||||||||||||||||
24.07 | Columbine | ||||||||||||||||||||
24.08 | DTC | ||||||||||||||||||||
24.09 | Mt. Pleasant | ||||||||||||||||||||
24.10 | Broomfield | ||||||||||||||||||||
24.11 | Ken Caryl | ||||||||||||||||||||
24.12 | Surfside | ||||||||||||||||||||
24.13 | Mauldin | ||||||||||||||||||||
24.14 | Charleston | ||||||||||||||||||||
24.15 | Greenville | ||||||||||||||||||||
24.16 | Summerville | ||||||||||||||||||||
24.17 | Northeast | ||||||||||||||||||||
24.18 | Harbinson | ||||||||||||||||||||
24.19 | Myrtle Beach | ||||||||||||||||||||
24.20 | Lexington | ||||||||||||||||||||
24.21 | Smoky Hill | ||||||||||||||||||||
25 | Concourse-Office | 0 | 41,452 | 13,819 | Cash | 0 | Springing | 250,000 | 2,608 | 0 | Cash | 581,000 | 16,667; Springing | 800,000 | Cash | 0 | |||||
26 | 2400 Veterans Office | 0 | 58,010 | 11,602 | Cash | 0 | Springing | 50,000 | 2,209; Springing | 50,000 | Cash | 350,000 | 11,000 | 350,000 | Cash | 0 | |||||
27 | Payson Village | 73,529 | 21,270 | 10,635 | Cash | 4,212 | 2,160 | Cash | 0 | 2,342 | 0 | Cash | 0 | 6,454 | 300,000 | Cash | 0 | ||||
28 | Quadrangle Corporate Park | 2,031 | 31,232 | 15,616 | Cash | 3,355 | 3,355 | Cash | 0 | 1,027 | 0 | Cash | 271,663 | 17,120; Springing | 821,750 | Cash | 0 | ||||
29 | Canyon Falls | 0 | 0 | 6,519 | Cash | 10,143 | 1,691 | Cash | 0 | 1,808 | 0 | Cash | 282,948 | Springing | 377,264 | Cash | 0 | ||||
30 | Braun Pointe Shopping Center | 0 | 58,536 | 14,634 | Cash | 8,894 | 809 | Cash | 0 | 906 | 25,000 | Cash | 100,000 | 4,393 | 100,000 | Cash | 0 | ||||
31 | 303 East Vanderbilt | 0 | 165,829 | 10,364 | Cash | 4,863 | 507 | Cash | 0 | 875 | 0 | Cash | 0 | 0 | 0 | 0 | |||||
32 | Homewood Suites Woodlands | 0 | 49,823 | 16,608 | Cash | 0 | Springing | 0 | 12,246 | 0 | Cash | 0 | 0 | 0 | 0 | ||||||
33 | Addison Chicago | 0 | 86,375 | 13,483 | Cash | 10,499 | 1,440 | Cash | 0 | 547 | 0 | Cash | 0 | 0 | 0 | 0 | |||||
33.01 | 2620 West Addison Street | ||||||||||||||||||||
33.02 | 2633 West Addison Street | ||||||||||||||||||||
34 | Lambert Palm Industrial | 0 | 19,317 | 19,317 | Cash | 13,900 | 2,780 | Cash | 0 | Springing | 0 | 50,000 | Springing | 50,000 | Cash | 0 | |||||
35 | Town Hall Commons | 16,875 | 38,367 | 9,592 | Cash | 0 | 791 | Cash | 0 | 1,227 | 0 | Cash | 0 | 6,135 | 294,456 | Cash | 0 | ||||
36 | Shoppes at Fair Oaks | 0 | 5,835 | 5,835 | Cash | 10,741 | 1,194 | Cash | 0 | 961 | 0 | Cash | 100,000 | 3,273 | 125,000 | Cash | 0 | ||||
37 | Monterey Road Marketplace | 0 | 11,441 | 11,441 | Cash | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | 0 | |||||||
38 | 2100 Van Deman Street | 0 | 9,040 | 4,520 | Cash | 670 | 670 | Cash | 0 | 1,064 | 0 | Cash | 10,000 | 3,324; Springing | 159,540 | Cash | 0 | ||||
39 | 2030 Highland Avenue | 1,875 | 31,050 | 4,495 | Cash | 8,284 | Springing | Cash | 0 | 440 | 0 | Cash | 0 | 1,467; Springing | 70,400 | Cash | 0 | ||||
40 | Beechnut Village Shopping Center | 0 | 26,900 | 13,450 | Cash | 20,098 | 3,350 | Cash | 0 | 1,001 | 0 | Cash | 70,955 | 3,951; Springing | 189,645 | Cash | 0 | ||||
41 | Greenview Apartments | 65,500 | 29,205 | 14,602 | Cash | 0 | 7,048 | Cash | 0 | 3,225 | 0 | Cash | 0 | 0 | 0 | 0 | |||||
42 | Comfort Suites Columbia Gateway | 0 | 16,073 | 5,488 | Cash | 12,680 | 1,153 | Cash | 0 | The greater of (A) 1/12 of 4.0% of prior year's gross revenues or (B) the amount of any deposit for capital reserves that is required under the Franchise Agreement for the month in which such Payment Date occurs | 0 | Cash | 0 | 0 | 0 | 0 | |||||
43 | Chicago Northside Portfolio - Pool 3 | 45,949 | 9,575 | 4,787 | Cash | 0 | Springing | 0 | 1,191; Springing | 70,000 | Cash | 0 | 0 | 0 | 0 | ||||||
43.01 | 2104 W. Foster Avenue | ||||||||||||||||||||
43.02 | 5073 N. Wolcott Avenue | ||||||||||||||||||||
44 | Chicago Northside Portfolio - Pool 2 | 35,713 | 8,261 | 4,131 | Cash | 0 | Springing | 0 | 957; Springing | 56,250 | Cash | 0 | 0 | 0 | 0 | ||||||
44.01 | 4621-25 N. Lincoln & 2259-63 W. Eastwood | ||||||||||||||||||||
44.02 | 2243-51 W. Eastwood Avenue | ||||||||||||||||||||
45 | Towncentre Professional | 0 | 5,324 | 5,324 | Cash | 481 | 481 | Cash | 0 | 1,011 | 24,273 | Cash | 0 | 3,612 | 130,027 | Cash | 0 | ||||
46 | Hill Road Plaza | 0 | 38,620 | 10,022 | Cash | 0 | Springing | 0 | 2,026 | 0 | Cash | 0 | 3,750 | 350,000 | Cash | 0 | |||||
47 | Centennial Plaza | 0 | 5,128 | 5,128 | Cash | 3,367 | 842 | Cash | 0 | 619 | 0 | Cash | 0 | 3,640 | 0 | Cash | 0 | ||||
48 | Walgreen - Montgomery, TX | 0 | 0 | Springing | 483 | Springing | Cash | 0 | 124 | 0 | Cash | 0 | 0 | 0 | 0 | ||||||
49 | Chicago Northside Portfolio - Pool 4 | 55,365 | 10,077 | 5,039 | Cash | 0 | Springing | 0 | 1,453; Springing | 85,000 | Cash | 0 | 0 | 0 | 0 | ||||||
49.01 | Irving Park | ||||||||||||||||||||
49.02 | 7434-38 N. Artesian Avenue | ||||||||||||||||||||
50 | 505 Independence Road | 0 | 41,922 | 4,947 | Cash | 6,057 | Springing | Cash | 0 | 408 | 0 | Cash | 0 | 1,073; Springing | 51,478 | Cash | 0 | ||||
51 | Walgreen - N. San Antonio TX | 0 | 0 | Springing | 622 | Springing | Cash | 0 | 121 | 0 | Cash | 0 | 0 | 0 | 0 | ||||||
52 | Walgreen - Houston TX | 0 | 0 | Springing | 1,591 | Springing | Cash | 0 | 121 | 0 | Cash | 0 | 0 | 0 | 0 | ||||||
53 | Walgreen - Cypress, TX | 0 | 0 | Springing | 1,608 | Springing | Cash | 0 | 121 | 0 | Cash | 0 | 0 | 0 | 0 | ||||||
54 | Ross Dress for Less - Burbank | 0 | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | Springing | 0 | 0 | ||||||||
55 | Walgreen - Fond Du Lac, WI | 0 | 0 | Springing | 722 | Springing | Cash | 0 | 121 | 0 | Cash | 0 | 0 | 0 | 0 | ||||||
56 | Lexington Condo | 0 | 6,760 | Springing | Cash | 5,668 | Springing | Cash | 0 | 74 | 0 | Cash | 0 | 245 | 0 | Cash | 0 | ||||
57 | Walgreen - Faribault, MN | 0 | 0 | Springing | 556 | Springing | Cash | 0 | 124 | 0 | Cash | 0 | 0 | 0 | 0 | ||||||
58 | The Glen Apartments | 0 | 0 | 2,333 | Cash | 0 | 1,319 | Cash | 0 | 2,688 | 0 | Cash | 0 | 0 | 0 | 0 | |||||
59 | Walgreen - Baton Rouge LA | 0 | 0 | Springing | 1,173 | Springing | Cash | 0 | 121 | 0 | Cash | 0 | 0 | 0 | 0 | ||||||
60 | 961 Highway 20 and 81 | 0 | 24,684 | Springing | Cash | 476 | Springing | Cash | 0 | 173 | 0 | Cash | 0 | 0 | 0 | 0 | |||||
61 | Interchange Parkway Warehouse | 0 | 7,025 | 7,025 | Cash | 7,907 | 1,130 | Cash | 0 | 1,154 | 0 | Cash | 75,000 | 2,308 | 75,000 | Cash | 0 | ||||
62 | 1550 Kennesaw Due West Road | 0 | 16,600 | Springing | Cash | 276 | Springing | Cash | 0 | 136 | 0 | Cash | 0 | 0 | 0 | 0 | |||||
63 | Brodheadsville Holdings | 2,500 | 22,239 | 2,719 | Cash | 2,824 | Springing | Cash | 0 | 170 | 0 | Cash | 0 | 500; Springing | 24,000 | Cash | 0 | ||||
64 | 202 Scuffletown Road | 0 | 19,489 | Springing | Cash | 2,012 | Springing | Cash | 0 | 136 | 0 | Cash | 0 | 0 | 0 | 0 | |||||
65 | Breen Apartments | 33,573 | 9,636 | 4,818 | Cash | 7,876 | 3,938 | Cash | 0 | 967 | 0 | Cash | 0 | 0 | 0 | 0 | |||||
66 | Family Dollar | 0 | 0 | Springing | 0 | Springing | 0 | 219 | 0 | Cash | 0 | 0 | 0 | 0 | |||||||
66.01 | 3403 Elvis Presley Boulevard | ||||||||||||||||||||
66.02 | 1608 Douglass Road | ||||||||||||||||||||
67 | 5270 Elmore Avenue | 0 | 11,968 | 5,984 | Cash | 0 | Springing | 0 | 186 | 6,685 | Cash | 0 | 1,161 | 50,000 | Cash | 0 | |||||
68 | Eastern Shore Promenade | 0 | 4,645 | 929 | Cash | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | 0 |
A-1-7 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Debt Service Escrow (Monthly) ($) | Debt Service Escrow - Cash or LoC | Debt Service Escrow - LoC Counterparty | Other Escrow I Reserve Description | Other Escrow I (Initial) ($)(3) | Other Escrow I (Monthly) ($) | Other Escrow I Cap ($) | Other Escrow I Escrow - Cash or LoC | Other Escrow I - LoC Counterparty | Other Escrow II Reserve Description | Other Escrow II (Initial) ($) | Other Escrow II (Monthly) ($) | Other Escrow II Cap ($) | Other Escrow II Escrow - Cash or LoC | Other Escrow II - LoC Counterparty |
1 | Patriots Park | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
2 | Eastgate One Phases I-VII & XII | 0 | Rent Concession Reserve | 330,334 | 0 | 0 | Cash | Tenant Specific TILC Reserve | 3,552,963 | 0 | 0 | Cash | ||||
3 | Stanford Research Park | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
4 | Mayfair in the Grove | 0 | Free Rent Reserve | 374,682 | 0 | 0 | Cash | 0 | 0 | 0 | ||||||
5 | Eastgate Two Phases VIII-X | 0 | Rent Concession / Tenant Specific TILC Reserve | Rent Concession - $75,200 / Tenant Specific TILC - $1,698,283 | 0 | 0 | Cash | Provide Commerce/ServiceNow Reserve | 0 | Springing | 0 | |||||
6 | 100 West 57th Street | 0 | Future Rent Reserve (Upfront: 605,510); Quarterly Rent Reserve (Quarterly) | 605,510 | 1/3 of Quarterly Rental Funds | 0 | Cash | 0 | 0 | 0 | ||||||
7 | 760 & 800 Westchester Avenue | 0 | Free Rent Reserve | 40,978 | 0 | 0 | Cash | CBL/Path Free Rent Reserve | 0 | Springing | 0 | |||||
8 | Best Western Premier Herald Square | 0 | PIP Reserve | 25,707 | 0 | 0 | Cash | 0 | 0 | 0 | ||||||
9 | 45 Waterview Boulevard | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
10 | Hotel Valencia | 0 | Ground Lease Reserve | 101,123 | Springing | 0 | Cash | Debt Service Reserve | 180,700 | Springing | 0 | Cash | ||||
11 | Empire Shopping Center | 0 | Tenant Specific TILC / Delinquent Rent Reserve | Tenant Specific TILC - $307,098 / Delinquent Rent - $55,219 | 0 | 0 | Cash | Major Tenant / Kang's Tae Kwon Do Reserve | Major Tenant - $500,000 / Kang's Tae Kwon Do - $7,480 | 0 | 0 | Cash | ||||
12 | Southern Palms | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
13 | Hotel Andra | 0 | Debt Service Reserve | 260,300 | Springing | 0 | Cash | 0 | 0 | 0 | ||||||
14 | 607 South Hill Street | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
15 | 231 West Olive Avenue | 0 | Structural Improvement Reserve | 500,000 | 0 | 0 | Cash | 0 | 0 | 0 | ||||||
16 | Colonades II | 0 | Salix Reserve | 0 | Springing | 0 | 0 | 0 | 0 | |||||||
17 | 9990 Richmond Avenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
18 | Whole Foods Cupertino | 0 | Leasehold Reserve | 79,226 | 79,226 | 0 | Cash | 0 | 0 | 0 | ||||||
19 | Sharp Plaza | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
20 | Naperville Plaza Shopping Center | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
21 | Enchanted Woods | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
22 | Doheny Village Center | 0 | Smart & Final Reserve | 361,000 | 0 | 0 | Cash | 0 | 0 | 0 | ||||||
23 | Goshen Crossing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
24 | Gateway Portfolio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
24.01 | Eastfield | |||||||||||||||
24.02 | Reames Road | |||||||||||||||
24.03 | Whitehall | |||||||||||||||
24.04 | Ballantyne | |||||||||||||||
24.05 | Wilmington | |||||||||||||||
24.06 | Matthews | |||||||||||||||
24.07 | Columbine | |||||||||||||||
24.08 | DTC | |||||||||||||||
24.09 | Mt. Pleasant | |||||||||||||||
24.10 | Broomfield | |||||||||||||||
24.11 | Ken Caryl | |||||||||||||||
24.12 | Surfside | |||||||||||||||
24.13 | Mauldin | |||||||||||||||
24.14 | Charleston | |||||||||||||||
24.15 | Greenville | |||||||||||||||
24.16 | Summerville | |||||||||||||||
24.17 | Northeast | |||||||||||||||
24.18 | Harbinson | |||||||||||||||
24.19 | Myrtle Beach | |||||||||||||||
24.20 | Lexington | |||||||||||||||
24.21 | Smoky Hill | |||||||||||||||
25 | Concourse-Office | 0 | Rent Concession Reserve | 33,947 | 0 | 0 | Cash | 0 | 0 | 0 | ||||||
26 | 2400 Veterans Office | 0 | ROFR TILC Reserve | 0 | Springing | 0 | 0 | 0 | 0 | |||||||
27 | Payson Village | 0 | Basha's Reserve | 0 | Springing | 0 | 0 | 0 | 0 | |||||||
28 | Quadrangle Corporate Park | 0 | Outstanding TI/LC Reserve | 100,000 | 0 | 0 | Cash | Major Lease Reconciliation Reserve | 10,000 | 0 | 0 | Cash | ||||
29 | Canyon Falls | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
30 | Braun Pointe Shopping Center | 0 | Tenant Specific Reserve | 8,324 | 0 | 0 | Cash | 0 | 0 | 0 | ||||||
31 | 303 East Vanderbilt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
32 | Homewood Suites Woodlands | 0 | PIP Reserve | 900,000 | 0 | 0 | Cash | 0 | 0 | 0 | ||||||
33 | Addison Chicago | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
33.01 | 2620 West Addison Street | |||||||||||||||
33.02 | 2633 West Addison Street | |||||||||||||||
34 | Lambert Palm Industrial | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
35 | Town Hall Commons | 0 | Free Rent Reserve | 214,232 | 0 | 0 | Cash | Outstanding TI/LC Reserve | 458,802 | 0 | 0 | Cash | ||||
36 | Shoppes at Fair Oaks | 0 | Tenant Specific TI Reserve | 1,196,000 | 0 | 0 | Cash | Leasing Commission Reserve | 53,440 | 0 | 0 | Cash | ||||
37 | Monterey Road Marketplace | 0 | Taco Bell Reserve | 1,250,000 | 0 | 0 | LoC | Wells Fargo Bank, NA | 0 | 0 | 0 | |||||
38 | 2100 Van Deman Street | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
39 | 2030 Highland Avenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
40 | Beechnut Village Shopping Center | 0 | Free Rent Reserve | 9,045 | 0 | 0 | Cash | 0 | 0 | 0 | ||||||
41 | Greenview Apartments | 0 | Code Enforcement Lien Reserve | 425,000 | 0 | Monthly 6,084 after June 5, 2015 | Cash | 0 | 0 | 0 | ||||||
42 | Comfort Suites Columbia Gateway | 0 | Cash Collateral Reserve | 49,141 | 0 | 0 | Cash | Seasonality Reserve | 3,307 | 3,307 | 0 | Cash | ||||
43 | Chicago Northside Portfolio - Pool 3 | 0 | Renovation Reserve | 989,800 | 0 | 0 | Cash | 0 | 0 | 0 | ||||||
43.01 | 2104 W. Foster Avenue | |||||||||||||||
43.02 | 5073 N. Wolcott Avenue | |||||||||||||||
44 | Chicago Northside Portfolio - Pool 2 | 0 | Renovation Reserve | 752,350 | 0 | 0 | Cash | 0 | 0 | 0 | ||||||
44.01 | 4621-25 N. Lincoln & 2259-63 W. Eastwood | |||||||||||||||
44.02 | 2243-51 W. Eastwood Avenue | |||||||||||||||
45 | Towncentre Professional | 0 | Fresenium Reserve | 32,940 | 0 | 0 | Cash | 0 | 0 | 0 | ||||||
46 | Hill Road Plaza | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
47 | Centennial Plaza | 0 | Tropical Smoothie Improvement Allowance Reserve | 31,610 | 0 | 0 | Cash | Rent Reserve | 1,931 | 0 | 0 | Cash | ||||
48 | Walgreen - Montgomery, TX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
49 | Chicago Northside Portfolio - Pool 4 | 0 | Renovation Reserve | 348,650 | 0 | 0 | Cash | 0 | 0 | 0 | ||||||
49.01 | Irving Park | |||||||||||||||
49.02 | 7434-38 N. Artesian Avenue | |||||||||||||||
50 | 505 Independence Road | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
51 | Walgreen - N. San Antonio TX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
52 | Walgreen - Houston TX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
53 | Walgreen - Cypress, TX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
54 | Ross Dress for Less - Burbank | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
55 | Walgreen - Fond Du Lac, WI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
56 | Lexington Condo | 0 | Major Tenant Rent Reserve | 330,000 | 0 | 0 | Cash | Condo Association Fee Reserve | 10,000 | Springing | 0 | Cash | ||||
57 | Walgreen - Faribault, MN | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
58 | The Glen Apartments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
59 | Walgreen - Baton Rouge LA | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
60 | 961 Highway 20 and 81 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
61 | Interchange Parkway Warehouse | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
62 | 1550 Kennesaw Due West Road | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
63 | Brodheadsville Holdings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
64 | 202 Scuffletown Road | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
65 | Breen Apartments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
66 | Family Dollar | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
66.01 | 3403 Elvis Presley Boulevard | |||||||||||||||
66.02 | 1608 Douglass Road | |||||||||||||||
67 | 5270 Elmore Avenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
68 | Eastern Shore Promenade | 0 | AT&T Reserve | 0 | Springing | 0 | 0 | 0 | 0 |
A-1-8 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Holdback | Ownership Interest | Ground Lease Initial Expiration Date | Annual Ground Rent Payment | Annual Ground Rent Increases | Lockbox | Whole Loan Cut-off Date Balance ($) | Whole Loan Debt Service ($) | Subordinate Secured Debt Original Balance ($) | Subordinate Secured Debt Cut-off Date Balance ($) | Whole Loan U/W NOI DSCR (x) | Whole Loan U/W NCF DSCR (x) | Whole Loan Cut-off Date LTV Ratio | Whole Loan Cut-off Date U/W NOI Debt Yield | Whole Loan Cut-off Date U/W NCF Debt Yield | Mezzanine Debt Cut-off Date Balance($) |
1 | Patriots Park | Fee | Hard/Springing Cash Management | ||||||||||||||
2 | Eastgate One Phases I-VII & XII | Fee | Hard/Springing Cash Management | ||||||||||||||
3 | Stanford Research Park | Leasehold | 1/27/2051 | 15% of gross revenues | Hard/Springing Cash Management | ||||||||||||
4 | Mayfair in the Grove | Fee | Hard/Springing Cash Management | ||||||||||||||
5 | Eastgate Two Phases VIII-X | Fee | Hard/Springing Cash Management | ||||||||||||||
6 | 100 West 57th Street | Fee | Hard/Upfront Cash Management | ||||||||||||||
7 | 760 & 800 Westchester Avenue | Fee | Hard/Upfront Cash Management | 10,000,000 | |||||||||||||
8 | Best Western Premier Herald Square | Fee | Hard/Springing Cash Management | ||||||||||||||
9 | 45 Waterview Boulevard | Fee | Hard/Springing Cash Management | ||||||||||||||
10 | Hotel Valencia | Leasehold | 12/31/2101 | $484,000 per annum plus 3% of revenues over$10,120,000 | Year | Hard/Springing Cash Management | |||||||||||
11 | Empire Shopping Center | Fee | Hard/Upfront Cash Management | ||||||||||||||
12 | Southern Palms | Fee | Springing (Without Established Account) | ||||||||||||||
13 | Hotel Andra | Fee | Hard/Springing Cash Management | ||||||||||||||
14 | 607 South Hill Street | Fee | Soft/Springing Cash Management | ||||||||||||||
15 | 231 West Olive Avenue | Fee | Hard/Springing Cash Management | ||||||||||||||
16 | Colonades II | Fee | Hard/Springing Cash Management | ||||||||||||||
17 | 9990 Richmond Avenue | Fee | Hard/Springing Cash Management | ||||||||||||||
18 | Whole Foods Cupertino | Leasehold | 1/31/2030 | $80,810 | 102% annually | Hard/Springing Cash Management | |||||||||||
19 | Sharp Plaza | Fee | Hard/Springing Cash Management | ||||||||||||||
20 | Naperville Plaza Shopping Center | Fee | None | ||||||||||||||
21 | Enchanted Woods | Fee | Springing (Without Established Account) | ||||||||||||||
22 | Doheny Village Center | Fee | Springing (Without Established Account) | ||||||||||||||
23 | Goshen Crossing | Fee | Hard/Upfront Cash Management | ||||||||||||||
24 | Gateway Portfolio | Fee | Hard/Springing Cash Management | ||||||||||||||
24.01 | Eastfield | Fee | |||||||||||||||
24.02 | Reames Road | Fee | |||||||||||||||
24.03 | Whitehall | Fee | |||||||||||||||
24.04 | Ballantyne | Fee | |||||||||||||||
24.05 | Wilmington | Fee | |||||||||||||||
24.06 | Matthews | Fee | |||||||||||||||
24.07 | Columbine | Fee | |||||||||||||||
24.08 | DTC | Fee | |||||||||||||||
24.09 | Mt. Pleasant | Fee | |||||||||||||||
24.10 | Broomfield | Fee | |||||||||||||||
24.11 | Ken Caryl | Fee | |||||||||||||||
24.12 | Surfside | Fee | |||||||||||||||
24.13 | Mauldin | Fee | |||||||||||||||
24.14 | Charleston | Fee | |||||||||||||||
24.15 | Greenville | Fee | |||||||||||||||
24.16 | Summerville | Fee | |||||||||||||||
24.17 | Northeast | Fee | |||||||||||||||
24.18 | Harbinson | Fee | |||||||||||||||
24.19 | Myrtle Beach | Fee | |||||||||||||||
24.20 | Lexington | Fee | |||||||||||||||
24.21 | Smoky Hill | Fee | |||||||||||||||
25 | Concourse-Office | Fee | Springing (Without Established Account) | ||||||||||||||
26 | 2400 Veterans Office | Fee | Soft/Springing Cash Management | ||||||||||||||
27 | Payson Village | Fee | Springing (Without Established Account) | ||||||||||||||
28 | Quadrangle Corporate Park | Fee | Hard/Springing Cash Management | ||||||||||||||
29 | Canyon Falls | Fee | Hard/Springing Cash Management | ||||||||||||||
30 | Braun Pointe Shopping Center | Fee | None | ||||||||||||||
31 | 303 East Vanderbilt | Fee | Hard/Springing Cash Management | ||||||||||||||
32 | Homewood Suites Woodlands | Fee | Springing (Without Established Account) | ||||||||||||||
33 | Addison Chicago | Fee | Hard/Springing Cash Management | ||||||||||||||
33.01 | 2620 West Addison Street | Fee | |||||||||||||||
33.02 | 2633 West Addison Street | Fee | |||||||||||||||
34 | Lambert Palm Industrial | Fee | None | ||||||||||||||
35 | Town Hall Commons | Fee | Hard/Springing Cash Management | ||||||||||||||
36 | Shoppes at Fair Oaks | Fee | Hard/Springing Cash Management | ||||||||||||||
37 | Monterey Road Marketplace | Fee | Springing (Without Established Account) | ||||||||||||||
38 | 2100 Van Deman Street | Fee | Hard/Springing Cash Management | ||||||||||||||
39 | 2030 Highland Avenue | Fee | Hard/Springing Cash Management | ||||||||||||||
40 | Beechnut Village Shopping Center | Fee | Hard/Springing Cash Management | ||||||||||||||
41 | Greenview Apartments | Fee | Soft/Springing Cash Management | ||||||||||||||
42 | Comfort Suites Columbia Gateway | Fee | Hard/Springing Cash Management | ||||||||||||||
43 | Chicago Northside Portfolio - Pool 3 | Fee | Soft/Springing Cash Management | ||||||||||||||
43.01 | 2104 W. Foster Avenue | Fee | |||||||||||||||
43.02 | 5073 N. Wolcott Avenue | Fee | |||||||||||||||
44 | Chicago Northside Portfolio - Pool 2 | Fee | Soft/Springing Cash Management | ||||||||||||||
44.01 | 4621-25 N. Lincoln & 2259-63 W. Eastwood | Fee | |||||||||||||||
44.02 | 2243-51 W. Eastwood Avenue | Fee | |||||||||||||||
45 | Towncentre Professional | Fee | Springing (Without Established Account) | ||||||||||||||
46 | Hill Road Plaza | Fee | Springing (Without Established Account) | ||||||||||||||
47 | Centennial Plaza | Fee | Springing (Without Established Account) | ||||||||||||||
48 | Walgreen - Montgomery, TX | Fee | Hard/Springing Cash Management | ||||||||||||||
49 | Chicago Northside Portfolio - Pool 4 | Fee | Soft/Springing Cash Management | ||||||||||||||
49.01 | Irving Park | Fee | |||||||||||||||
49.02 | 7434-38 N. Artesian Avenue | Fee | |||||||||||||||
50 | 505 Independence Road | Fee | Hard/Springing Cash Management | ||||||||||||||
51 | Walgreen - N. San Antonio TX | Fee | Hard/Springing Cash Management | ||||||||||||||
52 | Walgreen - Houston TX | Fee | Hard/Springing Cash Management | ||||||||||||||
53 | Walgreen - Cypress, TX | Fee | Hard/Springing Cash Management | ||||||||||||||
54 | Ross Dress for Less - Burbank | Fee | Springing (Without Established Account) | ||||||||||||||
55 | Walgreen - Fond Du Lac, WI | Fee | Hard/Springing Cash Management | ||||||||||||||
56 | Lexington Condo | Fee | Hard/Springing Cash Management | ||||||||||||||
57 | Walgreen - Faribault, MN | Fee | Hard/Springing Cash Management | ||||||||||||||
58 | The Glen Apartments | Fee | Springing (without established account) | ||||||||||||||
59 | Walgreen - Baton Rouge LA | Fee | Hard/Springing Cash Management | ||||||||||||||
60 | 961 Highway 20 and 81 | Fee | Hard/Springing Cash Management | ||||||||||||||
61 | Interchange Parkway Warehouse | Fee | Springing (Without Established Account) | ||||||||||||||
62 | 1550 Kennesaw Due West Road | Fee | Hard/Springing Cash Management | ||||||||||||||
63 | Brodheadsville Holdings | Fee | Hard/Springing Cash Management | ||||||||||||||
64 | 202 Scuffletown Road | Fee | Hard/Springing Cash Management | ||||||||||||||
65 | Breen Apartments | Fee | Soft/Springing Cash Management | ||||||||||||||
66 | Family Dollar | Fee | Hard/Springing Cash Management | ||||||||||||||
66.01 | 3403 Elvis Presley Boulevard | Fee | |||||||||||||||
66.02 | 1608 Douglass Road | Fee | |||||||||||||||
67 | 5270 Elmore Avenue | Fee | Springing (Without Established Account) | ||||||||||||||
68 | Eastern Shore Promenade | Fee | Springing (Without Established Account) |
A-1-9 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Sponsor(8)(11) | Affiliated Sponsors | Mortgage Loan Number |
1 | Patriots Park | Hyundai Securities Co Ltd and Hyundai Able Investment REIT | Yes - Group 1 | 1 |
2 | Eastgate One Phases I-VII & XII | The Irvine Company LLC | Yes - Group 2 | 2 |
3 | Stanford Research Park | Henley Holding Company | 3 | |
4 | Mayfair in the Grove | Timo Kipp | 4 | |
5 | Eastgate Two Phases VIII-X | The Irvine Company LLC | Yes - Group 2 | 5 |
6 | 100 West 57th Street | David Werner; Eli Schron; Avi Schron; Mark Schron | 6 | |
7 | 760 & 800 Westchester Avenue | Robert P. Weisz | 7 | |
8 | Best Western Premier Herald Square | Chandrakant B. Patel | 8 | |
9 | 45 Waterview Boulevard | Hyundai Able Investment REIT | Yes - Group 1 | 9 |
10 | Hotel Valencia | Doyle A. Graham, Jr | 10 | |
11 | Empire Shopping Center | William L. Hutchinson | 11 | |
12 | Southern Palms | Jonathan M. Rayden | 12 | |
13 | Hotel Andra | Craig Schafer | 13 | |
14 | 607 South Hill Street | Moosa Hanasab; Yehouda Hanasab | 14 | |
15 | 231 West Olive Avenue | Joseph G. Mansour | 15 | |
16 | Colonades II | Stevens M. Sadler, Christopher K. Sadler | 16 | |
17 | 9990 Richmond Avenue | Chaim A. Abramowitz; Etan M. Mirwis | 17 | |
18 | Whole Foods Cupertino | Peter Pau | 18 | |
19 | Sharp Plaza | The Becker Organization LLC | 19 | |
20 | Naperville Plaza Shopping Center | Harry Dolan | 20 | |
21 | Enchanted Woods | See Footnote (12) | 21 | |
22 | Doheny Village Center | Ock Ja Won; Il Sung Won | 22 | |
23 | Goshen Crossing | Paul Cooper; Louis Sheinker | 23 | |
24 | Gateway Portfolio | David H. Jacobs, Peggy Jacobs, Kay Burner | 24 | |
24.01 | Eastfield | 24.01 | ||
24.02 | Reames Road | 24.02 | ||
24.03 | Whitehall | 24.03 | ||
24.04 | Ballantyne | 24.04 | ||
24.05 | Wilmington | 24.05 | ||
24.06 | Matthews | 24.06 | ||
24.07 | Columbine | 24.07 | ||
24.08 | DTC | 24.08 | ||
24.09 | Mt. Pleasant | 24.09 | ||
24.10 | Broomfield | 24.10 | ||
24.11 | Ken Caryl | 24.11 | ||
24.12 | Surfside | 24.12 | ||
24.13 | Mauldin | 24.13 | ||
24.14 | Charleston | 24.14 | ||
24.15 | Greenville | 24.15 | ||
24.16 | Summerville | 24.16 | ||
24.17 | Northeast | 24.17 | ||
24.18 | Harbinson | 24.18 | ||
24.19 | Myrtle Beach | 24.19 | ||
24.20 | Lexington | 24.20 | ||
24.21 | Smoky Hill | 24.21 | ||
25 | Concourse-Office | Thomas B. Shell, Jr. | 25 | |
26 | 2400 Veterans Office | Hugh Uhalt; Steven O. Medo, III | 26 | |
27 | Payson Village | James R. Howard; James R. Howard and Ramona R. Howard, Trustees of The Howard Revocable Living Trust; Maurice Benbeniste | 27 | |
28 | Quadrangle Corporate Park | Scott P. Consoli; Robert Owens; Robert Moore; Charlie Smith and Michael Clary | 28 | |
29 | Canyon Falls | Barry Friedman | 29 | |
30 | Braun Pointe Shopping Center | Steve Braha; Jacques Braha | 30 | |
31 | 303 East Vanderbilt | Alexander Moradi; Jian Torkan; Robert Hanasab | 31 | |
32 | Homewood Suites Woodlands | Brett C. Moody | 32 | |
33 | Addison Chicago | Colin Bryar; Kevin Bryar; Tom Staunton | 33 | |
33.01 | 2620 West Addison Street | 33.01 | ||
33.02 | 2633 West Addison Street | 33.02 | ||
34 | Lambert Palm Industrial | Donald L. Bendetti; 'D. and D. Bendetti Revocable Trust; Gregory Mokler; Mokler Bypass Trust | 34 | |
35 | Town Hall Commons | Stuart Edward White | 35 | |
36 | Shoppes at Fair Oaks | Peter Cohen; Afshine Emrani | 36 | |
37 | Monterey Road Marketplace | Read Seven, LLC | 37 | |
38 | 2100 Van Deman Street | Michael B. Glick; C. N. David Reischer | 38 | |
39 | 2030 Highland Avenue | Emil J. DiIorio | Yes - Group 3 | 39 |
40 | Beechnut Village Shopping Center | Zubeda Kajani; Ahmed Ali; Jawed Momin | 40 | |
41 | Greenview Apartments | Moishe Y. Mendlowitz | Yes - Group 4 | 41 |
42 | Comfort Suites Columbia Gateway | Sandip C. Patel | 42 | |
43 | Chicago Northside Portfolio - Pool 3 | Crane-Griffin Trust | Yes - Group 5 | 43 |
43.01 | 2104 W. Foster Avenue | 43.01 | ||
43.02 | 5073 N. Wolcott Avenue | 43.02 | ||
44 | Chicago Northside Portfolio - Pool 2 | MRYD LLC | Yes - Group 5 | 44 |
44.01 | 4621-25 N. Lincoln & 2259-63 W. Eastwood | 44.01 | ||
44.02 | 2243-51 W. Eastwood Avenue | 44.02 | ||
45 | Towncentre Professional | Brent P. Aasen; Philip R. Bates; Mark Elstob; John Hauck | 45 | |
46 | Hill Road Plaza | Ziki Zaffir | 46 | |
47 | Centennial Plaza | Jahan Moslehi; Andy Chien | 47 | |
48 | Walgreen - Montgomery, TX | Roy W. Cronacher, JR; Barry Needler | Yes - Group 6 | 48 |
49 | Chicago Northside Portfolio - Pool 4 | Pioneer Manager, Inc. | Yes - Group 5 | 49 |
49.01 | Irving Park | 49.01 | ||
49.02 | 7434-38 N. Artesian Avenue | 49.02 | ||
50 | 505 Independence Road | Emil J. DiIorio | Yes - Group 3 | 50 |
51 | Walgreen - N. San Antonio TX | Roy W. Cronacher, JR; Barry Needler | Yes - Group 6 | 51 |
52 | Walgreen - Houston TX | Roy W. Cronacher, JR; Barry Needler | Yes - Group 6 | 52 |
53 | Walgreen - Cypress, TX | Roy W. Cronacher, JR; Barry Needler | Yes - Group 6 | 53 |
54 | Ross Dress for Less - Burbank | Sarlatte Family Trust; Hirsch Family Trust; Kenneth S. Hirsch; Richard L. Mani Trust; Robert E. Sarlatte; Catherine M. Sarlatte; Richard L. Mani | 54 | |
55 | Walgreen - Fond Du Lac, WI | Roy W. Cronacher, JR | Yes - Group 6 | 55 |
56 | Lexington Condo | Moishe Y. Mendolwitz; David Blonder | Yes - Group 4 | 56 |
57 | Walgreen - Faribault, MN | Roy W. Cronacher, JR; Barry Needler | Yes - Group 6 | 57 |
58 | The Glen Apartments | Jurgen Jerry Luking | 58 | |
59 | Walgreen - Baton Rouge LA | Roy W. Cronacher, JR; Barry Needler | Yes - Group 6 | 59 |
60 | 961 Highway 20 and 81 | Roy W Cronacher, Jr. | Yes - Group 6 | 60 |
61 | Interchange Parkway Warehouse | Walter E. Embree | 61 | |
62 | 1550 Kennesaw Due West Road | Roy W Cronacher, Jr. | Yes - Group 6 | 62 |
63 | Brodheadsville Holdings | Emil J. DiIorio | Yes - Group 3 | 63 |
64 | 202 Scuffletown Road | Roy W Cronacher, Jr. | Yes - Group 6 | 64 |
65 | Breen Apartments | Atianna Saint Breen | 65 | |
66 | Family Dollar | John Young | 66 | |
66.01 | 3403 Elvis Presley Boulevard | 66.01 | ||
66.02 | 1608 Douglass Road | 66.02 | ||
67 | 5270 Elmore Avenue | Jeannette L. Allen; Jeffrey S. Allen; Marie E. Rohrs | 67 | |
68 | Eastern Shore Promenade | Benjamin M. Lefkowitz; Ronald E. Chanin | 68 |
A-1-10 |
FOOTNOTES TO ANNEX A-1
See “Annex B: Additional Mortgage Loan Information/Definitions” in the Free Writing Prospectus for additional information on all mortgage loans and “Annex A-3: Summaries of the Fifteen Largest Mortgage Loans” for additional information on the 15 largest mortgage loans. |
(1) | “Natixis” denotes Natixis Real Estate Capital LLC and “WFB” denotes Wells Fargo Bank, National Association. |
(2) | For mortgage loan #4 (Mayfair in the Grove), the Number of Units includes 229,903 square feet of office space, 29,423 square feet of retail space, 9,808 square feet of multifamily space and 9,321 square feet of parking/storage/other space. |
For mortgage loan #14 (607 South Hill Street), the Number of Units includes 132,462 square feet of office space and 17,897 of retail space. |
For mortgage loan #36 (Shoppes at Fair Oaks), the Number of Units consists of 18,415 square feet of retail space and 9,310 square feet of office space. |
For mortgage loan #37 (Monterey Road Marketplace), the second and third largest tenants (8,945 square feet), representing 26.5% of net rentable square feet, lease the collateral pad sites and the improvements built on the pad sites are owned by the tenants. The Number of Units includes the second and third largest tenants' improvements. |
(3) | In certain cases, mortgage loans may have tenants that have executed leases, but may not be fully paying rent or occupying the related leased premises, that were included in the underwriting. |
For mortgage loan #2 (Eastgate One Phases I-VII & XII), the largest tenant (76,141 square feet), representing 8.8% of net rentable square feet, has a $7,000 rent abatement in June 2015. |
For mortgage loan #4 (Mayfair in the Grove), the largest tenant (53,577 square feet), representing 19.2% of net rentable square feet, has a free rent period that expires in November 2015, at which time it will commence paying rent on its full premises. Reserves in the amount of $374,682 were established on the closing date of the mortgage loan, a portion of which ($289,907) covers the base rent due during the free rent period. |
For mortgage loan #5 (Eastgate Two Phases VIII-X), the second largest tenant (155,443 square feet), representing 29.3% of net rentable square feet, is not in occupancy or paying rent on 10,900 square feet of expansion space. The tenant is anticipated to begin paying rent on the 10,900 square feet of expansion space in October 2016. The fifth largest tenant (23,500 square feet), representing 4.4% of net rentable square feet, has abated rent through June 2015. There is a $37,600 reserve representing the outstanding rent abatement. |
For mortgage loan #22 (Doheny Village Center), the largest tenant (37,160 square feet), representing 45.7% of net rentable square feet, is not in occupancy of 12,800 square feet of expansion space. There is a $361,000 reserve for the un-occupied space. |
For mortgage loan #25 (Concourse-Office), the fourth largest tenant (7,650 square feet), representing 5.9% of net rentable square feet, has rent abatements through July 2015. There is a $33,947 reserve representing the outstanding rent abatements. |
For mortgage loan #27 (Payson Village), the fourth largest tenant (5,000 square feet), representing 3.6% of net rentable square feet, is delinquent on rent and has been underwritten as vacant. |
A-1-11 |
For mortgage loan #35 (Town Hall Commons), the largest tenant (58,366 square feet), representing 82.0% of net rentable square feet, has a free rent period that expires in July 2015, at which time it is required to commence paying rent on its full premises. Reserves in the amount of $214,232 were established on the closing date of the mortgage loan, which covers the base rent due during the free rent period. |
For mortgage loan #36 (Shoppes at Fair Oaks), the fifth largest tenant (1,890 square feet), representing 6.1% of net rentable square feet, is not in occupancy or paying rent. The fifth largest tenant is anticipated to open in May 2015 and begin paying rent in June 2015. There is a $613,000 reserve representing outstanding tenant improvements, leasing commissions and rent abatements. |
For mortgage loan #37 (Monterey Road Marketplace), the third largest tenant (4,415 square feet), representing 13.1% of net rentable square feet, has executed a lease but has not constructed its improvements. There is a $1,250,000 reserve related to the third largest tenant. |
For mortgage loan #38 (2100 Van Deman Street), the largest tenant (42,475 square feet), representing 54.7% of net rentable square feet, is not occupying or paying rent on 10,416 square feet of storage space until May 2015, at which time it is required to commence paying rent on its full premises. Reserves in the amount of $10,000 were established on the closing date of the mortgage loan, which covers the base rent due during this period. |
For mortgage loan #56 (Lexington Condo), the sole tenant (5,890 square feet), representing 100.0% of net rentable square feet, is paying rent but is not yet open for business. |
(4) | For mortgage loan #1 (Patriots Park), the mortgage loan is evidenced by Note A-1 of threepari passu notes, which have a combined Cut-off Date principal balance of $215,070,000. Note A-2 and Note A-3 will not be included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1, Note A-2 and Note A-3 in the aggregate (the “Patriots Park Loan Combination”). Note A-1 represents the controlling interest in the Patriots Park Loan Combination. |
For mortgage loan #2 (Eastgate One Phases I-VII & XII), the mortgage loan is evidenced by Note A-2 of twopari passu notes, which have a combined Cut-off Date principal balance of $125,000,000. Note A-1 will not be included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1, and Note A-2 in the aggregate (the “Eastgate One Phases I-VII & XII Mortgage Loan Combination”). Note A-2 represents the non-controlling interest in the Eastgate One Phases I-VII & XII Loan Combination. |
For mortgage loan #3 (Stanford Research Park), the mortgage loan is evidenced by Note A-1 of twopari passu notes, which have a combined Cut-off Date principal balance of $86,500,000. Note A-2 will not be included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1 and Note A-2 in the aggregate (the “Stanford Research Park Loan Combination”). Note A-1 represents the controlling interest in the Stanford Research Park Loan Combination. |
For mortgage loan #5 (Eastgate Two Phases VIII-X), the mortgage loan is evidenced by Note A-2 of twopari passunotes, which have a combined Cut-off Date principal balance of $100,000,000. Note A-1 will not be included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1, and Note A-2 in the aggregate (the “Eastgate Two Phases VIII-X Mortgage Loan Combination”). Note A-2 represents the non-controlling interest in the Eastgate Two Phases VIII-X Loan Combination. |
A-1-12 |
For mortgage loan #6 (100 West 57th Street), the mortgage loan is evidenced by Note A-4 of fourpari passu notes, which have a combined Cut-off Date principal balance of $180,000,000. Note A-1, Note A-2 and Note A-3 will not be included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1, Note A-2, Note A-3 and Note A-4 in the aggregate (the “100 West 57th Street Loan Combination”). Note A-4 represents a non-controlling interest in the 100 West 57th Street Loan Combination. |
For mortgage loan #7 (760 & 800 Westchester Avenue), the mortgage loan is evidenced by Note A-1 of threepari passu notes, which have a combined Cut-off Date principal balance of $100,000,000. Note A-2 and Note A-3 will not be included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1, Note A-2 and Note A-3 in the aggregate (the “760 & 800 Westchester Avenue Loan Combination”). Note A-1 represents the controlling interest in the 760 & 800 Westchester Avenue Loan Combination. |
For mortgage loan #13 (Hotel Andra), the mortgage loan is evidenced by Note A-1 of twopari passu notes, which have a combined Cut-off Date principal balance of $38,000,000. Note A-2 will not be included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1 and Note A-2 in the aggregate (the “Hotel Andra Loan Combination”). Note A-1 represents the controlling interest in the Hotel Andra Loan Combination. |
For mortgage loan #24 (Gateway Portfolio), the mortgage loan is evidenced by Note A-2 of twopari passu notes, which have a combined Cut-off Date principal balance of $38,174,176. Note A-1 will not be included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1 and Note A-2 in the aggregate (the “Gateway Portfolio Loan Combination”). Note A-2 represents the non-controlling interest in the Gateway Portfolio Loan Combination. |
(5) | For mortgage loan #7 (760 & 800 Westchester Avenue), the mortgage loan accrues interest at a fixed rate equal to 4.6948% through the interest payment date of November 5, 2019, and, from and after the December 5, 2019 interest payment date, the mortgage loan accrues interest and amortizes based on a specific interest and amortization schedule (pursuant to which the interest rate increases over time) that can be found in Annex A-4 of the Free Writing Prospectus. |
For mortgage loan #8 (Best Western Premier Herald Square), the mortgage loan has a specific amortization schedule that can be found in Annex A-4 of the Free Writing Prospectus. |
(6) | For mortgage loans #43 (Chicago Northside Portfolio - Pool 3), #44 (Chicago Northside Portfolio - Pool 2) and #49 (Chicago Northside Portfolio - Pool 4), the related mortgage loan was interest-only for the first twelve months starting April 5, 2014. The related amortization period started April 5, 2015. As such the related Cut-off Date principal balance reflects one month of amortization. |
(7) | The tenant early termination options discussed in this footnote are not intended to be an exclusive list. In particular, termination options based on co-tenancy clauses are generally included only where top five tenants by net rentable square feet hold an option that is currently or imminently exercisable. |
For mortgage loan #2 (Eastgate One Phases I-VII & XII), the largest tenant (76,141 square feet), representing 8.8% of net rentable square feet, may terminate its lease as of January 1, 2022 upon providing 12 months’ written notice and payment of a termination fee equal to $310,656 plus all unamortized tenant improvements, leasing commissions and rent abatements. The third largest tenant (63,412 square feet), representing 7.4% of net rentable square feet, may terminate its lease as of October 1, 2019 upon providing 12 months’ written notice and payment of a termination fee equal to two months base rent plus all unamortized tenant improvements and leasing commissions. |
A-1-13 |
For mortgage loan #4 (Mayfair in the Grove), the largest tenant (53,577 square feet), representing 19.2% of net rentable square feet, may terminate its lease on December 31, 2019 with 12 months’ prior written notice and a termination payment equal to all unamortized tenant improvement and leasing commissions. The fourth largest tenant (18,898 square feet), representing 6.8% of net rentable square feet, may terminate its lease on December 1, 2019 with 270 days’ prior written notice and payment of all unamortized tenant improvements and leasing commissions. The fifth largest tenant (13,716 square feet), representing 4.9% of net rentable square feet, may terminate its lease on October 31, 2017 with nine months’ prior written notice. |
For mortgage loan #11 (Empire Shopping Center), the fourth largest tenant (12,268 square feet), representing 10.0% of net rentable square feet, may terminate its lease if gross sales are less than $1,350,000 for the lease year ending November 30, 2016. The fourth largest tenant must provide written notice within 30 days of the lease year ending November 30, 2016 and payment of all unamortized tenant improvements. |
For mortgage loan #15 (231 West Olive Avenue), the only tenant (72,232 square feet), representing 100% of net rentable square feet, may terminate the development agreement and current lease and revert to the prior lease upon the occurrence of either of the following: (i) if the conditions precedent to the construction phase, as described in the development agreement, have not been completed by December 2015; or (ii) if substantial completion has not happened within six months of the substantial completion date (“Outside Delivery Date”) in the final development schedule. Based on the preliminary development schedule, the Outside Completion Date is in March 2017. |
For mortgage loan #16 (Colonades II), the sole tenant (126,926 square feet), representing 100.0% of net rentable square feet, may terminate its lease on February 2018 with 12 months’ prior written notice and a termination payment equal to $5,168,437 plus all unamortized tenant improvements and leasing commissions. |
For mortgage loan #25 (Concourse-Office), the largest tenant (27,082 square feet), representing 20.8% of net rentable square feet, may terminate its lease as of January 1, 2018 upon providing 180 days written notice and payment of a termination fee equal to two months' base rent plus all unamortized tenant improvements. The second largest tenant (15,896 square feet), representing 12.2% of net rentable square feet, may terminate its lease at any time on or after June 17, 2018 upon providing 90 days' written notice. The fourth largest tenant (7,650 square feet), representing 5.9% of net rentable square feet, may terminate its lease as of July 31, 2018 upon providing six months’ written notice and payment of a termination fee equal to three months base rent plus all unamortized tenant improvements and leasing commissions. |
For mortgage loan #26 (2400 Veterans Office), the second largest tenant (17,664 square feet), representing 13.3% of net rentable square feet, may terminate its lease as of May 31, 2016 upon providing nine months' written notice and payment of a termination fee equation to two months base rent plus all unamortized tenant improvements, leasing commissions and rent abatements. The third largest tenant (15,113 square feet), representing 11.4% of net rentable square feet, may terminate its lease if the contract providing service for Medicaid recipients is terminated or expires, anytime on or after March 31, 2018, upon providing six months’ written notice. |
For mortgage loan #35 (Town Hall Commons), the second largest tenant (7,509 square feet), representing 10.6% of net rentable square feet, may terminate its lease effective with the commencement of the 6th lease year with nine months’ prior written notice plus a termination payment equal to all unamortized commissions and two months’ rent. |
A-1-14 |
For mortgage loan #38 (2100 Van Deman Street), the largest tenant (42,475 square feet), representing 54.7% of net rentable square feet, may terminate its lease on April 30, 2017, with six months’ prior written notice and payment of a termination fee of $93,984. |
For mortgage loan #48 (Walgreen - Montgomery, TX), the sole tenant (14,820 square feet), representing 100.0% of net rentable square feet, may terminate its lease on February 28, 2034, and every five years thereafter, upon providing 12 months’ written notice. |
For mortgage loan #51 (Walgreen - N. San Antonio TX), the sole tenant (14,490 square feet), representing 100.0% of net rentable square feet, may terminate its lease on April 30, 2028, and every five years thereafter, upon providing 12 months’ written notice. |
For mortgage loan #52 (Walgreen - Houston TX), the sole tenant (14,560 square feet), representing 100.0% of net rentable square feet, may terminate its lease on July 31, 2028, and every five years thereafter, upon providing 12 months’ written notice. |
For mortgage loan #53 (Walgreen - Cypress, TX), the sole tenant (14,560 square feet), representing 100.0% of net rentable square feet, may terminate its lease on September 30, 2028, and every five years thereafter, upon providing 12 months’ written notice. |
For mortgage loan #55 (Walgreen - Fond Du Lac, WI), the sole tenant (14,490 square feet), representing 100.0% of net rentable square feet, may terminate its lease on August 31, 2032, and every five years thereafter, upon providing 12 months’ written notice |
For mortgage loan #57 (Walgreen - Faribault, MN), the sole tenant (14,820 square feet), representing 100.0% of net rentable square feet, may terminate its lease on July 31, 2029, and every five years thereafter, upon providing 12 months’ written notice |
For mortgage loan #59 (Walgreen - Baton Rouge LA), the sole tenant (14,560 square feet), representing 100.0% of net rentable square feet, may terminate its lease on October 31, 2029, and every five years thereafter, upon providing 12 months’ written notice. |
(8) | For mortgage loan #1 (Patriots Park), the largest tenant (723,667 square feet), representing 97.5% of net rentable square feet, has multiple leases that expire as follows: 523,482 square feet expire on September 30, 2032 and 182,423 square feet expire on March 6, 2033. |
For mortgage loan #4 (Mayfair in the Grove), the fourth largest tenant (18,898 square feet), representing 6.8% of net rentable square feet, has multiple leases expiring as follows: 17,203 square feet expiring February 9, 2023 and 1,695 square feet expiring November 9, 2023. |
For mortgage loan #5 (Eastgate Two Phases VIII-X), the largest tenant (220,093 square feet), representing 41.5% of net rentable square feet, subleases its space to three tenants: (i) 125,153 square feet for an annual base rent of $2,809,635 ($1.8708 per square foot; 93,745 square feet expiring September 30, 2018; 31,408 square feet expiring March 31, 2018), 31,408 square feet for an annual base rent of $705,097 ($1.8708 per square foot expiring March 31, 2018); (ii) 33,924 square feet for an annual base rent of $590,278 ($1.45 per square foot expiring September 30, 2018); and (iii) 29,608 square feet for an annual base rent of $500,967 ($1.41 per square foot expiring September 30, 2018). The largest tenant also has multiple leases expiring as follows: 62,816 square feet expiring March 31, 2018; and 157,277 square feet expiring September 30, 2018. |
For mortgage loan #24 (Gateway Portfolio), the sole tenant (228,002 square feet), representing 100.0% of net rentable square feet, is an affiliate of the borrower. |
For mortgage loan #34 (Lambert Palm Industrial), the second largest tenant (9,257 square feet), representing 5.0% of net rentable square feet, has multiple leases expiring as follows: 3,825 square feet are month-to-month and 5,432 square feet expiring December 31, 2016. |
A-1-15 |
For mortgage loan #39 (2030 Highland Avenue), the sole tenant (35,200 square feet), representing 100.0% of net rentable square feet, is an affiliate of the borrower. |
For mortgage loan #50 (505 Independence Road), the largest tenant (19,516 square feet), representing 75.8% of net rentable square feet, is an affiliate of the borrower. |
For mortgage loan #63 (Brodheadsville Holdings), the sole tenant (12,000 square feet), representing 100.0% of net rentable square feet, is an affiliate of the borrower. |
(9) | For mortgage loan #25 (Concourse-Office), the Monthly Replacement Reserve commences in March 2018. |
For mortgage loans #32 (Homewood Suites Woodlands), the Monthly Replacement Reserve will be adjusted to an amount equal to the greater of: (i) 4% of underwritten revenue for the immediately preceding month; and (ii) the reserve requirements under the management and franchise agreement. |
(10) | For mortgage loan #15 (231 West Olive Avenue), the Monthly TI/LC Reserve is required in the amount of $56,250 for each monthly payment date through January 2017 and increasing to $83,333 for each monthly payment date from February 2017 through January 2018; provided however, if the only tenant (72,232 square feet), representing 100% of net rentable square feet, exercises its option to terminate its lease at the 231 West Olive Avenue mortgaged property and reverts to its original terms, the Monthly TI/LC Reserve will equal $6,020. The Monthly TI/LC Reserve payments will end once the tenant’s options to terminate its lease and revert to its original lease terms is extinguished. |
For mortgage loan #25 (Concourse-Office), the Monthly TI/LC Reserve decreases to $7,166 after the September 2016 Payment Date. |
(11) | For mortgage loan #21 (Enchanted Woods), the sponsor is Thomas B. Brenneke; Peter D. Huber; Anil Prem; Meera Prem; Angela C. Sobel; Elizabeth L. Mather; Victor M. Martynow; Huguette N. Martynow; Richard E. Sponholz; Huber Family Trust; Elizabeth L. Mather Trust; Sponholz Family Trust Agreement. |
A-1-16 |