FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-197550-01 | ||
WFRBS 2014-C23 Commercial Mortgage Trust Disclaimer The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) (SEC File No. 333-197550 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 website 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 1-866-884-2071 (8 a.m. – 5 p.m. EST) or by emailing rbscmbs@rbs.com. Nothing in this document constitutes an offer of securities for sale in any other 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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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 THESE MATERIALS The information contained herein (the “Information”) is preliminary and subject to change. This information will be superseded by similar information delivered to you as part of the offering document relating to the WFRBS Commercial Mortgage Trust 2014-C23, Commercial Mortgage Pass-Through Certificates, Series 2014-C23 (the “Offering Document”). The Information supersedes any such information previously delivered. The Information should be reviewed only in conjunction with the entire Offering Document. All of the Information is subject to the same limitations and qualifications contained in the Offering Document. The Information does not contain all relevant information relating to the underlying mortgage loans or mortgaged properties. Such information is described elsewhere in the Offering Document. The Information contained herein will be more fully described elsewhere in the Offering Document. The Information should not be viewed as projections, forecasts, predictions or opinions with respect to value. Prior to making any investment decision, prospective investors are strongly urged to read the Offering Document in its entirety. This material should be not construed as an effort to sell or the solicitation of any offer to buy any security in any jurisdiction where such offer of solicitation would be illegal. 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 identified in the Offering Document. 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. None of RBS Securities Inc. (“RBSSI”), Wells Fargo Securities, LLC (“WFS”), any other underwriter or dealer participating in this offering, 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. These materials contain certain forward-looking statements. If and when included in these materials, 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 these materials are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement. RBS is a trade name for the investment banking business of RBSSI. Securities, syndicated loan arranging, financial advisory and other investment banking activities are performed by RBSSI and their securities affiliates. Lending, derivatives and other commercial banking activities are performed by The Royal Bank of Scotland plc and their banking affiliates. RBSSI is a member of SIPC, FINRA and the NYSE. 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 Institutional Securities, LLC, a member of FINRA and SIPC; and Wells Fargo Bank, N.A. Wells Fargo Securities, LLC carries and provides clearing services for Wells Fargo Institutional Securities, LLC customer accounts. IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, any email communication to which these materials are attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation being made 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. | ||
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||||||||
ANNEX A — 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 | |||||||||
1 | Bank of America Plaza | WFB | 333 South Hope Street | Los Angeles | CA | 90071 | Office | CBD | ||||||||||
2 | Crossings at Corona | WFB | 2489 Tuscany Street | Corona | CA | 92881 | Retail | Anchored | ||||||||||
3 | Columbus Square Portfolio | WFB | 775, 795, 805, 808 Columbus Avenue; 801 Amsterdam Avenue | New York | NY | 10025 | Mixed Use | Retail/Other/Office | ||||||||||
4 | DC Metro Mixed Use Portfolio | RBS | Various | Various | Various | Various | Various | Various | ||||||||||
4.01 | 920-928 Rhode Island Avenue | RBS | 920-928 Rhode Island Avenue | Washington | DC | 20018 | Office | CBD | ||||||||||
4.02 | 875 N Street | RBS | 875 N Street NW | Washington | DC | 20001 | Mixed Use | Multifamily/Retail | ||||||||||
4.03 | 119-125 N. Washington Street | RBS | 119-125 N. Washington Street | Alexandria | VA | 22314 | Mixed Use | Retail/Office | ||||||||||
4.04 | 2000 S Street | RBS | 2000 S Street NW | Washington | DC | 20020 | Office | CBD | ||||||||||
4.05 | 717 6th Street NW | RBS | 717 6th Street NW | Washington | DC | 20001 | Retail | Unanchored | ||||||||||
4.06 | 700 King Street | RBS | 700 King Street | Alexandria | VA | 22314 | Mixed Use | Retail/Office | ||||||||||
4.07 | 1330 U Street | RBS | 1330 U Street NW | Washington | DC | 20009 | Mixed Use | Retail/Office | ||||||||||
4.08 | 100 King Street | RBS | 100 King Street | Alexandria | VA | 22314 | Retail | Unanchored | ||||||||||
4.09 | 301 Pennsylvania Avenue | RBS | 301 Pennsylvania Avenue SE | Washington | DC | 20003 | Retail | Unanchored | ||||||||||
4.10 | 705 6th Street | RBS | 705 6th Street NW | Washington | DC | 20024 | Retail | Unanchored | ||||||||||
4.11 | 3343 Prospect Street | RBS | 3343 Prospect Street NW | Washington | DC | 20007 | Retail | Unanchored | ||||||||||
4.12 | 856 Rockville Pike | RBS | 856 Rockville Pike | Rockville | MD | 20852 | Retail | Single Tenant | ||||||||||
4.13 | 106 N. Washington Street | RBS | 106 N. Washington Street | Alexandria | VA | 22314 | Retail | Unanchored | ||||||||||
4.14 | 438 Massachusetts Avenue | RBS | 438 Massachusetts Avenue NW | Washington | DC | 20002 | Retail | Unanchored | ||||||||||
4.15 | 1726 20th Street | RBS | 1726 20th Street NW | Washington | DC | 20009 | Office | CBD | ||||||||||
5 | Centennial Center & Two Century Center | LIG I | Various | Schaumburg | IL | 60173 | Office | Suburban | ||||||||||
5.01 | Centennial Center | LIG I | 1900 East Golf Road | Schaumburg | IL | 60173 | Office | Suburban | ||||||||||
5.02 | Two Century Tower | LIG I | 1700 East Gollf Road | Schaumburg | IL | 60173 | Office | Suburban | ||||||||||
6 | 677 Broadway | RBS | 677 Broadway | Albany | NY | 12207 | Office | CBD | ||||||||||
7 | Homewood Suites - New Orleans | WFB | 901 Poydras Street | New Orleans | LA | 70112 | Hospitality | Extended Stay | ||||||||||
8 | Culver City Office Portfolio | WFB | 3535-3545 Hayden Avenue; 3958-3964 Ince Boulevard; 9046 Lindblade Street | Culver City | CA | 90232 | Office | CBD | ||||||||||
9 | Slatten Ranch Shopping Center | WFB | 5709-5789 Lone Tree Way | Antioch | CA | 94531 | Retail | Anchored | ||||||||||
10 | Simi Valley Shopping Center | LIG I | 1317-1457 East Los Angeles Avenue | Simi Valley | CA | 93065 | Retail | Anchored | ||||||||||
11 | Stratford at Hillcrest | RBS | 2454 Hillcrest Center Circle | Winston-Salem | NC | 27103 | Multifamily | Garden | ||||||||||
12 | Marriott Bakersfield | RBS | 801 Truxtun Avenue | Bakersfield | CA | 93301 | Hospitality | Full Service | ||||||||||
13 | Pomona Ranch Plaza | CIIICM | 75 Rancho Camino Drive | Pomona | CA | 91766 | Office | Suburban | ||||||||||
14 | Courtyard by Marriott - Orlando | WFB | 730 North Magnolia Avenue | Orlando | FL | 32803 | Hospitality | Limited Service | ||||||||||
15 | The Shops at Starwood | WFB | 6959 Lebanon Road | Frisco | TX | 75034 | Mixed Use | Retail/Office | ||||||||||
16 | The Shops at Pecos Ranch | WFB | 1900 West Germann Road | Chandler | AZ | 85286 | Retail | Unanchored | ||||||||||
17 | Main Street & South Park | Basis | Various | Shreveport | LA | 71118 | Various | Various | ||||||||||
17.01 | South Park | Basis | 9064 Mansfield Road | Shreveport | LA | 71118 | Retail | Anchored | ||||||||||
17.02 | Main Street | Basis | 9070 Mansfield Road | Shreveport | LA | 71118 | Mixed Use | Office/Retail | ||||||||||
18 | Schlumberger Office | Basis | 1325 South Dairy Ashford Road | Houston | TX | 77077 | Office | Suburban | ||||||||||
19 | All Storage Hwy 66 | RBS | 10221 W. Highway 66 | Yukon | OK | 73099 | Self Storage | Self Storage | ||||||||||
20 | Corridors Deer Valley | WFB | 1925-2095 West Pinnacle Peak Road | Phoenix | AZ | 85027 | Office | Suburban | ||||||||||
21 | BJ’s Wholesale Club - Jacksonville | WFB | 8046 Philips Highway | Jacksonville | FL | 32256 | Retail | Single Tenant | ||||||||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | Basis | Various | Various | MI | Various | Hospitality | Limited Service | ||||||||||
22.01 | Fairfield Inn - Madison Heights | Basis | 32800 Stephenson Boulevard | Madison Heights | MI | 48071 | Hospitality | Limited Service | ||||||||||
22.02 | Holiday Inn Express - Flint | Basis | 1150 Robert T. Longway Boulevard | Flint | MI | 48503 | Hospitality | Limited Service | ||||||||||
23 | Gateway Plaza | WFB | 7505 – 7529 North Loop 1604 | Live Oak | TX | 78233 | Retail | Anchored | ||||||||||
24 | Promenade Merced | WFB | 731-779 East Yosemite Avenue | Merced | CA | 95340 | Mixed Use | Retail/Office | ||||||||||
25 | Victory Village | WFB | 4167-4183 Franklin Road | Murfreesboro | TN | 37128 | Retail | Anchored | ||||||||||
26 | Hampton Inn & Suites Lenox | CIIICM | 445 Pittsfield Road | Lenox | MA | 01240 | Hospitality | Limited Service | ||||||||||
27 | East Forest Plaza II | RBS | 5424 Forest Drive | Columbia | SC | 29206 | Retail | Unanchored | ||||||||||
28 | San Rafael Self Storage | WFB | 675 Andersen Drive | San Rafael | CA | 94901 | Self Storage | Self Storage | ||||||||||
29 | All Storage Mustang Mini | RBS | 515 N Mustang Rd | Yukon | OK | 73099 | Self Storage | Self Storage | ||||||||||
30 | Marley Park Plaza | WFB | 15367 West Waddell Road | Surprise | AZ | 85379 | Retail | Anchored | ||||||||||
31 | English Oaks Apartments | RBS | 4133 Church Street | Clarkston | GA | 30021 | Multifamily | Garden | ||||||||||
32 | WMA Shadow Portfolio | WFB | Various | Various | Various | Various | Retail | Various | ||||||||||
32.01 | Spring Lake Town Center | WFB | 624 Lillington Highway | Spring Lake | NC | 28390 | Retail | Anchored | ||||||||||
32.02 | Metro Junction | WFB | 4882-4898 Highway 18 West | Jackson | MS | 39209 | Retail | Shadow Anchored | ||||||||||
32.03 | Center Stage at Winder | WFB | 444 Atlanta Highway Northwest | Winder | GA | 30680 | Retail | Shadow Anchored |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||||||||
ANNEX A — 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 | |||||||||
33 | Larchmont Village Plaza | WFB | 206-226 North Larchmont Boulevard | Los Angeles | CA | 90004 | Retail | Anchored | ||||||||||
34 | Jordan Hospital Medical Office | WFB | 46 Obery Street | Plymouth | MA | 02360 | Office | Medical | ||||||||||
35 | Shiloh Business Park | RBS | 399 Business Park Court | Windsor | CA | 95492 | Industrial | Light Industrial | ||||||||||
36 | Temescal Storage Center | WFB | 20310 Temescal Canyon Road | Corona | CA | 92881 | Self Storage | Self Storage | ||||||||||
37 | Storage Choice Sugar Land | CIIICM | 9870 Highway 90A | Sugar Land | TX | 77478 | Self Storage | Self Storage | ||||||||||
38 | Chateau Villa Corp. | NCB, FSB | 390-430 Maryland Avenue | Staten Island | NY | 10305 | Multifamily | Cooperative | ||||||||||
39 | Storage Choice Pearland | CIIICM | 5710 Broadway Street | Pearland | TX | 77581 | Self Storage | Self Storage | ||||||||||
40 | Country Life MHP | CIIICM | 371-375 East Ross Road | El Centro | CA | 92243 | Manufactured Housing Community | Manufactured Housing Community | ||||||||||
41 | Western Square Shopping Center | Basis | 3203-3229 West Blue Ridge Drive | Greenville | SC | 29611 | Retail | Anchored | ||||||||||
42 | La Quinta - Lexington | Basis | 100 Canebrake Drive | Lexington | KY | 40509 | Hospitality | Limited Service | ||||||||||
43 | Brittany Estates | RBS | 5010 NE Waldo Road | Gainesville | FL | 32609 | Manufactured Housing Community | Manufactured Housing Community | ||||||||||
44 | All Storage Mustang SC | RBS | 82 Armstrong Drive | Mustang | OK | 73064 | Mixed Use | Self Storage/Retail | ||||||||||
45 | StorQuest - Hollywood | WFB | 5138 West Sunset Boulevard | Los Angeles | CA | 90027 | Self Storage | Self Storage | ||||||||||
46 | DAK Equities Corp. | NCB, FSB | 514 West End Avenue | New York | NY | 10024 | Multifamily | Cooperative | ||||||||||
47 | Comfort Suites - Wilmington | Basis | 4721 Market Street | Wilmington | NC | 28405 | Hospitality | Limited Service | ||||||||||
48 | Storage Depot - Regal Row | WFB | 274 Kings Highway | Brownsville | TX | 78521 | Self Storage | Self Storage | ||||||||||
49 | Big Bend Storage | LIG I | 13414 Lincoln Road | Riverview | FL | 33578 | Self Storage | Self Storage | ||||||||||
50 | Mark Twain Owners’ Corp. | NCB, FSB | 100 West 12th Street | New York | NY | 10011 | Multifamily | Cooperative | ||||||||||
51 | Town Lakes Self Storage | LIG I | 1124 Village Lakes Boulevard | Lehigh Acres | FL | 33972 | Self Storage | Self Storage | ||||||||||
52 | Renaissance Park I | WFB | 1111 Military Cutoff Road | Wilmington | NC | 28405 | Office | Suburban | ||||||||||
53 | Hidden Meadows, Inc. | NCB, FSB | Currans Road and Bailey Road | Middle Island | NY | 11953 | Multifamily | Cooperative | ||||||||||
54 | Storage Choice Stafford | CIIICM | 10430 South Kirkwood | Houston | TX | 77099 | Self Storage | Self Storage | ||||||||||
55 | Walgreens - Albuquerque | WFB | 6565 Paradise Boulevard Northwest | Albuquerque | NM | 87114 | Retail | Anchored | ||||||||||
56 | Kingsgate Village Apartments | WFB | 7897 Cox Road | West Chester Township | OH | 45069 | Multifamily | Garden | ||||||||||
57 | StorQuest - Kalihi | WFB | 750 Umi Street | Honolulu | HI | 96819 | Self Storage | Self Storage | ||||||||||
58 | Statewide Self Storage | WFB | 2650 Mission Street | Santa Cruz | CA | 95060 | Self Storage | Self Storage | ||||||||||
59 | Storage Depot - Huebner Commons | WFB | 9031 Huebner Road | San Antonio | TX | 78240 | Self Storage | Self Storage | ||||||||||
60 | Storage Choice Clear Lake | CIIICM | 14640-B Highway 3 | Webster | TX | 77598 | Self Storage | Self Storage | ||||||||||
61 | Saratoga Storage | WFB | 2148 North Stagecoach Drive | Saratoga Springs | UT | 84045 | Self Storage | Self Storage | ||||||||||
62 | Storage Depot - McAllen | WFB | 6600 North 10th Street | McAllen | TX | 78504 | Self Storage | Self Storage | ||||||||||
63 | Locust Street Owners Inc. | NCB, FSB | 663-673 Locust Street | Mount Vernon | NY | 10552 | Multifamily | Cooperative | ||||||||||
64 | Bridge Road Storage | LIG I | 12825 Southeast Suzanne Drive | Hobe Sound | FL | 33455 | Self Storage | Self Storage | ||||||||||
65 | Midtown Manor Apartments, Ltd. | NCB, FSB | 211 East 35th Street | New York | NY | 10016 | Multifamily | Cooperative | ||||||||||
66 | Cedar River Estates MHC | WFB | 400 Cedar River Drive | Fowlerville | MI | 48836 | Manufactured Housing Community | Manufactured Housing Community | ||||||||||
67 | Elmhurst House, Inc. | NCB, FSB | 88-11 Elmhurst Avenue | Elmhurst | NY | 11373 | Multifamily | Cooperative | ||||||||||
68 | 270 King Street | WFB | 270 King Street | Charleston | SC | 29401 | Retail | Unanchored | ||||||||||
69 | Storage Depot - Highway 77 | WFB | 654 North Expressway | Brownsville | TX | 78521 | Self Storage | Self Storage | ||||||||||
70 | 130 E. 94th Apartments Corp. | NCB, FSB | 130 East 94th Street | New York | NY | 10128 | Multifamily | Cooperative | ||||||||||
71 | 95 Sedgwick Owners Corp. | NCB, FSB | 95 Sedgwick Avenue | Yonkers | NY | 10705 | Multifamily | Cooperative | ||||||||||
72 | Extra Space Palm Springs | WFB | 2055 Executive Drive | Palm Springs | CA | 92262 | Self Storage | Self Storage | ||||||||||
73 | 2640 Marion Avenue Owners, Inc. | NCB, FSB | 2640 Marion Avenue | Bronx | NY | 10458 | Multifamily | Cooperative | ||||||||||
74 | Bedford Square Apartments | WFB | 42272 Addison Avenue | Canton Township | MI | 48187 | Multifamily | Garden | ||||||||||
75 | Kentwood MHC | WFB | 6122 Division Avenue Southeast | Grand Rapids | MI | 49548 | Manufactured Housing Community | Manufactured Housing Community | ||||||||||
76 | Shops on Veterans | WFB | 2701-2705 Veterans Memorial Boulevard | Kenner | LA | 70062 | Retail | Shadow Anchored | ||||||||||
77 | Groff Studios Corp. | NCB, FSB | 151 West 28th Street | New York | NY | 10001 | Multifamily | Cooperative | ||||||||||
78 | 828 Fifth Avenue Owners Corp. | NCB, FSB | 828 Fifth Avenue | New York | NY | 10065 | Multifamily | Cooperative | ||||||||||
79 | Samuell Self Storage | WFB | 3940 Samuell Boulevard | Mesquite | TX | 75149 | Self Storage | Self Storage | ||||||||||
80 | Clark Street Tenants Incorporated | NCB, FSB | 15 Clark Street | Brooklyn | NY | 11201 | Multifamily | Cooperative | ||||||||||
81 | 61 Irving Place Corporation | NCB, FSB | 61 Irving Place | New York | NY | 10003 | Multifamily | Cooperative | ||||||||||
82 | 444 East 87th Street Owners Corp. | NCB, FSB | 444 East 87th Street | New York | NY | 10128 | Multifamily | Cooperative | ||||||||||
83 | Longhorn Self Storage | WFB | 131 Longhorn Road | Fort Worth | TX | 76179 | Self Storage | Self Storage | ||||||||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | NCB, FSB | 40 West 22nd Street | New York | NY | 10010 | Multifamily | Cooperative | ||||||||||
85 | Cheney Center | CIIICM | 640 West Debbie Lane | Mansfield | TX | 76063 | Retail | Unanchored | ||||||||||
86 | 323 West 83rd Owners Corp. | NCB, FSB | 323 West 83rd Street | New York | NY | 10024 | Multifamily | Cooperative | ||||||||||
87 | Gibbons Commons Apartments | WFB | 160 19th Avenue | North Tonawanda | NY | 14120 | Multifamily | Senior Housing | ||||||||||
88 | Dollar General - Ocoee | WFB | 1851 East Silver Star Road | Ocoee | FL | 34761 | Retail | Single Tenant | ||||||||||
89 | Trinity Arms Ltd. | NCB, FSB | 25 Trinity Place | New Rochelle | NY | 10805 | Multifamily | Cooperative | ||||||||||
90 | Garden Lofts Corp. | NCB, FSB | 131 - 133 West 28th Street | New York | NY | 10001 | Multifamily | Cooperative | ||||||||||
91 | Merritt Island MHC | WFB | 3535 North Tropical Trail | Merritt Island | FL | 32953 | Manufactured Housing Community | Manufactured Housing Community | ||||||||||
92 | 256 West 21st Owners Corp. | NCB, FSB | 256-260 West 21st Street | New York | NY | 10011 | Multifamily | Cooperative |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||
Mortgage Loan Number | Property Name | Year Built | Year Renovated | Number of Units(2) | Unit of Measure | Cut-off Date Balance Per Unit/SF/ Room/Pad ($)(3) | ||||||
1 | Bank of America Plaza | 1974 | 2009 | 1,432,285 | Sq. Ft. | 279 | ||||||
2 | Crossings at Corona | 2004 | 834,075 | Sq. Ft. | 174 | |||||||
3 | Columbus Square Portfolio | 2007 | 494,224 | Sq. Ft. | 809 | |||||||
4 | DC Metro Mixed Use Portfolio | Various | Various | 158,121 | Sq. Ft. | 402 | ||||||
4.01 | 920-928 Rhode Island Avenue | 1927 | 2014 | 40,746 | Sq. Ft. | |||||||
4.02 | 875 N Street | 1888 | 2007 | 27,354 | Sq. Ft. | |||||||
4.03 | 119-125 N. Washington Street | 1950 | 1998 | 25,738 | Sq. Ft. | |||||||
4.04 | 2000 S Street | 1890 | 1990 | 10,800 | Sq. Ft. | |||||||
4.05 | 717 6th Street NW | 1928 | 2014 | 7,650 | Sq. Ft. | |||||||
4.06 | 700 King Street | 1940 | 4,584 | Sq. Ft. | ||||||||
4.07 | 1330 U Street | 1900 | 7,570 | Sq. Ft. | ||||||||
4.08 | 100 King Street | 1871 | 6,482 | Sq. Ft. | ||||||||
4.09 | 301 Pennsylvania Avenue | 1925 | 2014 | 4,300 | Sq. Ft. | |||||||
4.10 | 705 6th Street | 2013 | 4,200 | Sq. Ft. | ||||||||
4.11 | 3343 Prospect Street | 1923 | 2014 | 3,337 | Sq. Ft. | |||||||
4.12 | 856 Rockville Pike | 1970 | 4,795 | Sq. Ft. | ||||||||
4.13 | 106 N. Washington Street | 1928 | 3,935 | Sq. Ft. | ||||||||
4.14 | 438 Massachusetts Avenue | 1900 | 2011 | 3,619 | Sq. Ft. | |||||||
4.15 | 1726 20th Street | 1900 | 3,011 | Sq. Ft. | ||||||||
5 | Centennial Center & Two Century Center | Various | 493,428 | Sq. Ft. | 86 | |||||||
5.01 | Centennial Center | 1980 | 272,251 | Sq. Ft. | ||||||||
5.02 | Two Century Tower | 1989 | 221,177 | Sq. Ft. | ||||||||
6 | 677 Broadway | 2004 | 177,039 | Sq. Ft. | 163 | |||||||
7 | Homewood Suites - New Orleans | 2002 | 2014 | 166 | Rooms | 162,370 | ||||||
8 | Culver City Office Portfolio | 1924 | 1987 | 93,977 | Sq. Ft. | 269 | ||||||
9 | Slatten Ranch Shopping Center | 2003 | 118,250 | Sq. Ft. | 213 | |||||||
10 | Simi Valley Shopping Center | 1991 | 2013 | 218,698 | Sq. Ft. | 101 | ||||||
11 | Stratford at Hillcrest | 2007 | 336 | Units | 64,881 | |||||||
12 | Marriott Bakersfield | 1995 | 2008 | 259 | Rooms | 83,012 | ||||||
13 | Pomona Ranch Plaza | 2014 | 100,000 | Sq. Ft. | 178 | |||||||
14 | Courtyard by Marriott - Orlando | 1999 | 2012 | 200 | Rooms | 81,156 | ||||||
15 | The Shops at Starwood | 2007 | 55,385 | Sq. Ft. | 258 | |||||||
16 | The Shops at Pecos Ranch | 2009 | 78,767 | Sq. Ft. | 178 | |||||||
17 | Main Street & South Park | 1960 | 1993 | 143,739 | Sq. Ft. | 87 | ||||||
17.01 | South Park | 1960 | 1993 | 104,355 | Sq. Ft. | |||||||
17.02 | Main Street | 1960 | 1993 | 39,384 | Sq. Ft. | |||||||
18 | Schlumberger Office | 1982 | 2010 | 155,324 | Sq. Ft. | 80 | ||||||
19 | All Storage Hwy 66 | 1998 | 185,175 | Sq. Ft. | 60 | |||||||
20 | Corridors Deer Valley | 2001 | 164,410 | Sq. Ft. | 64 | |||||||
21 | BJ’s Wholesale Club - Jacksonville | 2005 | 119,598 | Sq. Ft. | 88 | |||||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | Various | Various | 240 | Rooms | 42,020 | ||||||
22.01 | Fairfield Inn - Madison Heights | 1989 | 2013 | 120 | Rooms | |||||||
22.02 | Holiday Inn Express - Flint | 1986 | 2012 | 120 | Rooms | |||||||
23 | Gateway Plaza | 2008 | 138,452 | Sq. Ft. | 70 | |||||||
24 | Promenade Merced | 2005 | 56,131 | Sq. Ft. | 169 | |||||||
25 | Victory Village | 2007 | 71,300 | Sq. Ft. | 130 | |||||||
26 | Hampton Inn & Suites Lenox | 2008 | 79 | Rooms | 116,456 | |||||||
27 | East Forest Plaza II | 2005 | 109,080 | Sq. Ft. | 83 | |||||||
28 | San Rafael Self Storage | 2002 | 35,724 | Sq. Ft. | 246 | |||||||
29 | All Storage Mustang Mini | 1996 | 159,160 | Sq. Ft. | 50 | |||||||
30 | Marley Park Plaza | 2007 | 77,545 | Sq. Ft. | 102 | |||||||
31 | English Oaks Apartments | 1967 | 2014 | 212 | Units | 35,377 | ||||||
32 | WMA Shadow Portfolio | Various | 68,370 | Sq. Ft. | 107 | |||||||
32.01 | Spring Lake Town Center | 2004 | 29,760 | Sq. Ft. | ||||||||
32.02 | Metro Junction | 2002 | 23,980 | Sq. Ft. | ||||||||
32.03 | Center Stage at Winder | 2003 | 14,630 | Sq. Ft. |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||
Mortgage Loan Number | Property Name | Year Built | Year Renovated | Number of Units(2) | Unit of Measure | Cut-off Date Balance Per Unit/SF/ Room/Pad ($)(3) | ||||||
33 | Larchmont Village Plaza | 1925 | 1987 | 16,297 | Sq. Ft. | 430 | ||||||
34 | Jordan Hospital Medical Office | 2013 | 30,803 | Sq. Ft. | 209 | |||||||
35 | Shiloh Business Park | 2004 | 64,492 | Sq. Ft. | 93 | |||||||
36 | Temescal Storage Center | 2007 | 111,699 | Sq. Ft. | 53 | |||||||
37 | Storage Choice Sugar Land | 1998 | 61,813 | Sq. Ft. | 91 | |||||||
38 | Chateau Villa Corp. | 1978 | 1993 | 177 | Units | 31,073 | ||||||
39 | Storage Choice Pearland | 1998 | 75,225 | Sq. Ft. | 70 | |||||||
40 | Country Life MHP | 1974 | 307 | Pads | 16,938 | |||||||
41 | Western Square Shopping Center | 1975 | 2002 | 78,158 | Sq. Ft. | 62 | ||||||
42 | La Quinta - Lexington | 1999 | 2009 | 72 | Rooms | 65,972 | ||||||
43 | Brittany Estates | 1971 | 171 | Pads | 27,485 | |||||||
44 | All Storage Mustang SC | 1972 | 117,319 | Sq. Ft. | 36 | |||||||
45 | StorQuest - Hollywood | 1988 | 25,402 | Sq. Ft. | 159 | |||||||
46 | DAK Equities Corp. | 1923 | 1996 | 42 | Units | 95,238 | ||||||
47 | Comfort Suites - Wilmington | 2002 | 73 | Rooms | 54,795 | |||||||
48 | Storage Depot - Regal Row | 1992 | 74,180 | Sq. Ft. | 52 | |||||||
49 | Big Bend Storage | 2003 | 69,100 | Sq. Ft. | 55 | |||||||
50 | Mark Twain Owners’ Corp. | 1958 | 1991 | 80 | Units | 44,375 | ||||||
51 | Town Lakes Self Storage | 2008 | 62,575 | Sq. Ft. | 56 | |||||||
52 | Renaissance Park I | 2000 | 29,488 | Sq. Ft. | 119 | |||||||
53 | Hidden Meadows, Inc. | 1971 | 1999 | 135 | Units | 25,926 | ||||||
54 | Storage Choice Stafford | 2000 | 65,725 | Sq. Ft. | 51 | |||||||
55 | Walgreens - Albuquerque | 2004 | 14,560 | Sq. Ft. | 230 | |||||||
56 | Kingsgate Village Apartments | 1980 | 1990 | 72 | Units | 45,757 | ||||||
57 | StorQuest - Kalihi | 1951 | 22,331 | Sq. Ft. | 137 | |||||||
58 | Statewide Self Storage | 2000 | 37,863 | Sq. Ft. | 75 | |||||||
59 | Storage Depot - Huebner Commons | 2006 | 52,375 | Sq. Ft. | 54 | |||||||
60 | Storage Choice Clear Lake | 1999 | 49,910 | Sq. Ft. | 55 | |||||||
61 | Saratoga Storage | 2011 | 65,310 | Sq. Ft. | 42 | |||||||
62 | Storage Depot - McAllen | 2002 | 43,300 | Sq. Ft. | 64 | |||||||
63 | Locust Street Owners Inc. | 1928 | 1997 | 84 | Units | 29,722 | ||||||
64 | Bridge Road Storage | 1992 | 42,898 | Sq. Ft. | 56 | |||||||
65 | Midtown Manor Apartments, Ltd. | 1929 | 2006 | 75 | Units | 32,000 | ||||||
66 | Cedar River Estates MHC | 1969 | 119 | Pads | 20,168 | |||||||
67 | Elmhurst House, Inc. | 1935 | 1998 | 81 | Units | 29,590 | ||||||
68 | 270 King Street | 1872 | 2007 | 6,794 | Sq. Ft. | 346 | ||||||
69 | Storage Depot - Highway 77 | 1982 | 43,270 | Sq. Ft. | 54 | |||||||
70 | 130 E. 94th Apartments Corp. | 1923 | 2007 | 45 | Units | 51,043 | ||||||
71 | 95 Sedgwick Owners Corp. | 1954 | 1999 | 59 | Units | 37,239 | ||||||
72 | Extra Space Palm Springs | 1977 | 69,782 | Sq. Ft. | 29 | |||||||
73 | 2640 Marion Avenue Owners, Inc. | 1960 | 2010 | 71 | Units | 28,169 | ||||||
74 | Bedford Square Apartments | 1974 | 48 | Units | 41,618 | |||||||
75 | Kentwood MHC | 1960 | 189 | Pads | 10,053 | |||||||
76 | Shops on Veterans | 1980 | 2008 | 14,318 | Sq. Ft. | 131 | ||||||
77 | Groff Studios Corp. | 1922 | 2004 | 16 | Units | 115,625 | ||||||
78 | 828 Fifth Avenue Owners Corp. | 1893 | 1994 | 5 | Units | 360,000 | ||||||
79 | Samuell Self Storage | 1983 | 70,336 | Sq. Ft. | 23 | |||||||
80 | Clark Street Tenants Incorporated | 1915 | 2001 | 26 | Units | 61,538 | ||||||
81 | 61 Irving Place Corporation | 1900 | 2006 | 28 | Units | 57,067 | ||||||
82 | 444 East 87th Street Owners Corp. | 1874 | 2012 | 40 | Units | 38,750 | ||||||
83 | Longhorn Self Storage | 1983 | 49,120 | Sq. Ft. | 32 | |||||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | 1909 | 2002 | 14 | Units | 107,143 | ||||||
85 | Cheney Center | 2002 | 11,375 | Sq. Ft. | 132 | |||||||
86 | 323 West 83rd Owners Corp. | 1897 | 1984 | 24 | Units | 62,500 | ||||||
87 | Gibbons Commons Apartments | 1986 | 2014 | 60 | Units | 24,167 | ||||||
88 | Dollar General - Ocoee | 2014 | 12,382 | Sq. Ft. | 105 | |||||||
89 | Trinity Arms Ltd. | 1966 | 2004 | 35 | Units | 35,667 | ||||||
90 | Garden Lofts Corp. | 1908 | 2008 | 22 | Units | 54,545 | ||||||
91 | Merritt Island MHC | 1960 | 73 | Pads | 15,068 | |||||||
92 | 256 West 21st Owners Corp. | 1895 | 2012 | 35 | Units | 28,533 |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Original Balance ($)(3) | Cut-off Date Balance ($)(3) | % of Aggregate Cut-off Date Balance(3) | Maturity Date or ARD Balloon Payment ($)(3) | ARD Loan | Origination Date | First Pay Date(4) | Last IO Pay Date | First P&I Pay Date(4) | Maturity Date or Anticipated Repayment Date | ARD Loan Maturity Date | Gross Mortgage Rate | Trust Advisor Ongoing Fee | Certificate Administrator Fee Rate | |||||||||||||||
1 | Bank of America Plaza | 116,670,000 | 116,670,000 | 12.4% | 116,670,000 | N | 8/7/2014 | 10/1/2014 | 9/1/2024 | 9/1/2024 | 4.05000% | 0.00000% | 0.00479% | |||||||||||||||||
2 | Crossings at Corona | 75,000,000 | 75,000,000 | 8.0% | 65,344,734 | N | 9/11/2014 | 10/11/2014 | 9/11/2017 | 10/11/2017 | 9/11/2024 | 4.30000% | 0.00280% | 0.00479% | ||||||||||||||||
3 | Columbus Square Portfolio | 75,000,000 | 75,000,000 | 8.0% | 68,770,637 | N | 8/8/2014 | 9/11/2014 | 2/11/2018 | 3/11/2018 | 8/11/2024 | 4.57000% | 0.00000% | 0.00479% | ||||||||||||||||
4 | DC Metro Mixed Use Portfolio | 63,487,500 | 63,487,500 | 6.7% | 54,889,578 | N | 7/17/2014 | 9/1/2014 | 2/1/2017 | 3/1/2017 | 8/1/2024 | 4.50000% | 0.00280% | 0.00479% | ||||||||||||||||
4.01 | 920-928 Rhode Island Avenue | 17,400,000 | 17,400,000 | 1.8% | ||||||||||||||||||||||||||
4.02 | 875 N Street | 8,925,000 | 8,925,000 | 0.9% | ||||||||||||||||||||||||||
4.03 | 119-125 N. Washington Street | 5,850,000 | 5,850,000 | 0.6% | ||||||||||||||||||||||||||
4.04 | 2000 S Street | 4,125,000 | 4,125,000 | 0.4% | ||||||||||||||||||||||||||
4.05 | 717 6th Street NW | 3,900,000 | 3,900,000 | 0.4% | ||||||||||||||||||||||||||
4.06 | 700 King Street | 3,412,500 | 3,412,500 | 0.4% | ||||||||||||||||||||||||||
4.07 | 1330 U Street | 3,225,000 | 3,225,000 | 0.3% | ||||||||||||||||||||||||||
4.08 | 100 King Street | 3,225,000 | 3,225,000 | 0.3% | ||||||||||||||||||||||||||
4.09 | 301 Pennsylvania Avenue | 2,925,000 | 2,925,000 | 0.3% | ||||||||||||||||||||||||||
4.10 | 705 6th Street | 2,250,000 | 2,250,000 | 0.2% | ||||||||||||||||||||||||||
4.11 | 3343 Prospect Street | 2,175,000 | 2,175,000 | 0.2% | ||||||||||||||||||||||||||
4.12 | 856 Rockville Pike | 1,800,000 | 1,800,000 | 0.2% | ||||||||||||||||||||||||||
4.13 | 106 N. Washington Street | 1,575,000 | 1,575,000 | 0.2% | ||||||||||||||||||||||||||
4.14 | 438 Massachusetts Avenue | 1,575,000 | 1,575,000 | 0.2% | ||||||||||||||||||||||||||
4.15 | 1726 20th Street | 1,125,000 | 1,125,000 | 0.1% | ||||||||||||||||||||||||||
5 | Centennial Center & Two Century Center | 42,500,000 | 42,500,000 | 4.5% | 37,730,820 | N | 8/8/2014 | 10/1/2014 | 3/1/2018 | 4/1/2018 | 9/1/2024 | 4.60000% | 0.00280% | 0.00479% | ||||||||||||||||
5.01 | Centennial Center | 22,125,000 | 22,125,000 | 2.4% | ||||||||||||||||||||||||||
5.02 | Two Century Tower | 20,375,000 | 20,375,000 | 2.2% | ||||||||||||||||||||||||||
6 | 677 Broadway | 28,875,000 | 28,875,000 | 3.1% | 23,329,752 | N | 8/25/2014 | 10/1/2014 | 10/1/2014 | 9/1/2024 | 4.48000% | 0.00280% | 0.00479% | |||||||||||||||||
7 | Homewood Suites - New Orleans | 27,000,000 | 26,953,433 | 2.9% | 19,712,388 | N | 7/17/2014 | 9/11/2014 | 9/11/2014 | 8/11/2024 | 4.36000% | 0.00280% | 0.00479% | |||||||||||||||||
8 | Culver City Office Portfolio | 25,300,000 | 25,300,000 | 2.7% | 20,441,306 | N | 9/8/2014 | 10/11/2014 | 10/11/2014 | 9/11/2024 | 4.48000% | 0.00280% | 0.00479% | |||||||||||||||||
9 | Slatten Ranch Shopping Center | 25,200,000 | 25,200,000 | 2.7% | 22,988,927 | N | 7/11/2014 | 8/11/2014 | 7/11/2019 | 8/11/2019 | 7/11/2024 | 4.30000% | 0.00280% | 0.00479% | ||||||||||||||||
10 | Simi Valley Shopping Center | 22,000,000 | 22,000,000 | 2.3% | 17,788,218 | N | 9/11/2014 | 10/1/2014 | 10/1/2014 | 11/1/2014 | 10/1/2024 | 4.50000% | 0.00280% | 0.00479% | ||||||||||||||||
11 | Stratford at Hillcrest | 21,800,000 | 21,800,000 | 2.3% | 19,083,081 | N | 9/4/2014 | 10/1/2014 | 10/1/2017 | 11/1/2017 | 10/1/2024 | 4.50000% | 0.00280% | 0.00479% | ||||||||||||||||
12 | Marriott Bakersfield | 21,500,000 | 21,500,000 | 2.3% | 20,846,144 | N | 9/9/2014 | 10/1/2014 | 10/1/2017 | 11/1/2017 | 10/1/2019 | 4.72200% | 0.00280% | 0.00479% | ||||||||||||||||
13 | Pomona Ranch Plaza | 17,750,000 | 17,750,000 | 1.9% | 13,136,389 | N | 9/12/2014 | 10/1/2014 | 10/1/2014 | 11/1/2014 | 10/1/2024 | 4.72000% | 0.00280% | 0.00479% | ||||||||||||||||
14 | Courtyard by Marriott - Orlando | 16,250,000 | 16,231,234 | 1.7% | 13,202,207 | N | 7/17/2014 | 9/11/2014 | 9/11/2014 | 8/11/2024 | 4.64000% | 0.00280% | 0.00479% | |||||||||||||||||
15 | The Shops at Starwood | 14,300,000 | 14,300,000 | 1.5% | 13,053,268 | N | 8/26/2014 | 10/11/2014 | 9/11/2019 | 10/11/2019 | 9/11/2024 | 4.34000% | 0.00280% | 0.00479% | ||||||||||||||||
16 | The Shops at Pecos Ranch | 14,000,000 | 14,000,000 | 1.5% | 12,209,190 | N | 9/3/2014 | 10/11/2014 | 9/11/2017 | 10/11/2017 | 9/11/2024 | 4.34000% | 0.00280% | 0.00479% | ||||||||||||||||
17 | Main Street & South Park | 12,563,000 | 12,563,000 | 1.3% | 10,292,392 | N | 9/12/2014 | 10/1/2014 | 10/1/2014 | 11/1/2014 | 10/1/2024 | 4.89000% | 0.00280% | 0.00479% | ||||||||||||||||
17.01 | South Park | 6,335,221 | 6,335,221 | 0.7% | ||||||||||||||||||||||||||
17.02 | Main Street | 6,227,779 | 6,227,779 | 0.7% | ||||||||||||||||||||||||||
18 | Schlumberger Office | 12,410,000 | 12,410,000 | 1.3% | 10,044,518 | N | 9/4/2014 | 10/1/2014 | 10/1/2014 | 11/1/2014 | 10/1/2024 | 4.53000% | 0.00280% | 0.00479% | ||||||||||||||||
19 | All Storage Hwy 66 | 11,200,000 | 11,200,000 | 1.2% | 9,035,690 | N | 8/29/2014 | 10/1/2014 | 10/1/2014 | 9/1/2024 | 4.43700% | 0.00280% | 0.00479% | |||||||||||||||||
20 | Corridors Deer Valley | 10,600,000 | 10,600,000 | 1.1% | 10,011,691 | N | 8/20/2014 | 10/11/2014 | 9/11/2016 | 10/11/2016 | 9/11/2019 | 3.77000% | 0.00280% | 0.00479% | ||||||||||||||||
21 | BJ’s Wholesale Club - Jacksonville | 10,500,000 | 10,500,000 | 1.1% | 8,931,384 | N | 7/22/2014 | 9/1/2014 | 8/1/2016 | 9/1/2016 | 8/1/2024 | 4.35000% | 0.00280% | 0.00479% | ||||||||||||||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | 10,100,000 | 10,084,750 | 1.1% | 7,582,785 | N | 7/21/2014 | 9/1/2014 | 9/1/2014 | 8/1/2024 | 5.11000% | 0.00280% | 0.00479% | |||||||||||||||||
22.01 | Fairfield Inn - Madison Heights | 6,540,000 | 6,530,125 | 0.7% | ||||||||||||||||||||||||||
22.02 | Holiday Inn Express - Flint | 3,560,000 | 3,554,625 | 0.4% | ||||||||||||||||||||||||||
23 | Gateway Plaza | 9,750,000 | 9,750,000 | 1.0% | 8,500,988 | N | 8/21/2014 | 10/11/2014 | 10/11/2014 | 9/11/2021 | 4.33000% | 0.00280% | 0.00479% | |||||||||||||||||
24 | Promenade Merced | 9,500,000 | 9,488,854 | 1.0% | 7,699,842 | N | 7/31/2014 | 9/11/2014 | 9/11/2014 | 8/11/2024 | 4.57000% | 0.00280% | 0.00479% | |||||||||||||||||
25 | Victory Village | 9,250,000 | 9,250,000 | 1.0% | 8,078,139 | N | 8/20/2014 | 10/11/2014 | 9/11/2017 | 10/11/2017 | 9/11/2024 | 4.40000% | 0.00280% | 0.00479% | ||||||||||||||||
26 | Hampton Inn & Suites Lenox | 9,200,000 | 9,200,000 | 1.0% | 5,717,680 | N | 8/18/2014 | 10/1/2014 | 10/1/2014 | 9/1/2024 | 4.66000% | 0.00280% | 0.00479% | |||||||||||||||||
27 | East Forest Plaza II | 9,075,000 | 9,075,000 | 1.0% | 7,362,401 | N | 8/20/2014 | 10/1/2014 | 10/1/2014 | 9/1/2024 | 4.60000% | 0.00280% | 0.00479% | |||||||||||||||||
28 | San Rafael Self Storage | 8,800,000 | 8,800,000 | 0.9% | 8,800,000 | N | 7/11/2014 | 8/11/2014 | 7/11/2024 | 7/11/2024 | 4.56000% | 0.00280% | 0.00479% | |||||||||||||||||
29 | All Storage Mustang Mini | 8,000,000 | 8,000,000 | 0.9% | 6,452,501 | N | 8/29/2014 | 10/1/2014 | 10/1/2014 | 9/1/2024 | 4.43000% | 0.00280% | 0.00479% | |||||||||||||||||
30 | Marley Park Plaza | 7,900,000 | 7,900,000 | 0.8% | 6,493,097 | N | 8/15/2014 | 10/11/2014 | 10/11/2014 | 9/11/2024 | 4.99000% | 0.00280% | 0.00479% | |||||||||||||||||
31 | English Oaks Apartments | 7,500,000 | 7,500,000 | 0.8% | 6,087,734 | N | 8/26/2014 | 10/1/2014 | 10/1/2014 | 9/1/2024 | 4.61500% | 0.00280% | 0.00479% | |||||||||||||||||
32 | WMA Shadow Portfolio | 7,331,250 | 7,331,250 | 0.8% | 6,542,139 | N | 9/3/2014 | 10/11/2014 | 9/11/2018 | 10/11/2018 | 9/11/2024 | 4.31000% | 0.00280% | 0.00479% | ||||||||||||||||
32.01 | Spring Lake Town Center | 3,075,000 | 3,075,000 | 0.3% | ||||||||||||||||||||||||||
32.02 | Metro Junction | 2,250,000 | 2,250,000 | 0.2% | ||||||||||||||||||||||||||
32.03 | Center Stage at Winder | 2,006,250 | 2,006,250 | 0.2% |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Original Balance ($)(3) | Cut-off Date Balance ($)(3) | % of Aggregate Cut-off Date Balance(3) | Maturity Date or ARD Balloon Payment ($)(3) | ARD Loan | Origination Date | First Pay Date(4) | Last IO Pay Date | First P&I Pay Date(4) | Maturity Date or Anticipated Repayment Date | ARD Loan Maturity Date | Gross Mortgage Rate | Trust Advisor Ongoing Fee | Certificate Administrator Fee Rate | |||||||||||||||
33 | Larchmont Village Plaza | 7,000,000 | 7,000,000 | 0.7% | 7,000,000 | N | 7/29/2014 | 9/11/2014 | 8/11/2024 | 8/11/2024 | 4.05000% | 0.00280% | 0.00479% | |||||||||||||||||
34 | Jordan Hospital Medical Office | 6,435,000 | 6,435,000 | 0.7% | 5,873,970 | N | 8/25/2014 | 10/11/2014 | 9/11/2019 | 10/11/2019 | 9/11/2024 | 4.34000% | 0.00280% | 0.00479% | ||||||||||||||||
35 | Shiloh Business Park | 6,000,000 | 6,000,000 | 0.6% | 6,000,000 | N | 8/29/2014 | 10/1/2014 | 9/1/2024 | 9/1/2024 | 4.57900% | 0.00280% | 0.00479% | |||||||||||||||||
36 | Temescal Storage Center | 5,900,000 | 5,900,000 | 0.6% | 5,900,000 | N | 8/1/2014 | 9/11/2014 | 8/11/2024 | 8/11/2024 | 4.29000% | 0.00280% | 0.00479% | |||||||||||||||||
37 | Storage Choice Sugar Land | 5,640,000 | 5,640,000 | 0.6% | 4,574,329 | N | 9/9/2014 | 10/5/2014 | 10/5/2014 | 11/5/2014 | 10/5/2024 | 4.59000% | 0.00280% | 0.00479% | ||||||||||||||||
38 | Chateau Villa Corp. | 5,500,000 | 5,500,000 | 0.6% | 4,867,098 | N | 9/2/2014 | 10/1/2014 | 10/1/2014 | 11/1/2014 | 10/1/2024 | 4.10000% | 0.00280% | 0.00479% | ||||||||||||||||
39 | Storage Choice Pearland | 5,250,000 | 5,250,000 | 0.6% | 4,258,020 | N | 9/9/2014 | 10/5/2014 | 10/5/2014 | 11/5/2014 | 10/5/2024 | 4.59000% | 0.00280% | 0.00479% | ||||||||||||||||
40 | Country Life MHP | 5,200,000 | 5,200,000 | 0.6% | 4,761,296 | N | 9/2/2014 | 10/2/2014 | 9/2/2019 | 10/2/2019 | 9/2/2024 | 4.53000% | 0.00280% | 0.00479% | ||||||||||||||||
41 | Western Square Shopping Center | 4,850,000 | 4,850,000 | 0.5% | 3,892,777 | N | 8/28/2014 | 10/1/2014 | 10/1/2014 | 9/1/2024 | 4.29000% | 0.00280% | 0.00479% | |||||||||||||||||
42 | La Quinta - Lexington | 4,750,000 | 4,750,000 | 0.5% | 3,525,839 | N | 9/8/2014 | 10/1/2014 | 10/1/2014 | 11/1/2014 | 10/1/2024 | 4.80000% | 0.00280% | 0.00479% | ||||||||||||||||
43 | Brittany Estates | 4,700,000 | 4,700,000 | 0.5% | 4,303,134 | N | 8/20/2014 | 10/1/2014 | 9/1/2019 | 10/1/2019 | 9/1/2024 | 4.52500% | 0.00280% | 0.00479% | ||||||||||||||||
44 | All Storage Mustang SC | 4,200,000 | 4,200,000 | 0.4% | 3,388,384 | N | 8/29/2014 | 10/1/2014 | 10/1/2014 | 9/1/2024 | 4.43700% | 0.00280% | 0.00479% | |||||||||||||||||
45 | StorQuest - Hollywood | 4,050,000 | 4,050,000 | 0.4% | 3,460,948 | N | 7/1/2014 | 8/1/2014 | 7/1/2016 | 8/1/2016 | 7/1/2024 | 4.52000% | 0.00280% | 0.00479% | ||||||||||||||||
46 | DAK Equities Corp. | 4,000,000 | 4,000,000 | 0.4% | 4,000,000 | N | 7/30/2014 | 9/1/2014 | 8/1/2024 | 8/1/2024 | 4.00000% | 0.00280% | 0.00479% | |||||||||||||||||
47 | Comfort Suites - Wilmington | 4,000,000 | 4,000,000 | 0.4% | 2,981,202 | N | 9/12/2014 | 10/1/2014 | 10/1/2014 | 11/1/2014 | 10/1/2024 | 4.91000% | 0.00280% | 0.00479% | ||||||||||||||||
48 | Storage Depot - Regal Row | 3,850,000 | 3,850,000 | 0.4% | 3,362,382 | N | 7/30/2014 | 9/11/2014 | 8/11/2017 | 9/11/2017 | 8/11/2024 | 4.40000% | 0.00280% | 0.00479% | ||||||||||||||||
49 | Big Bend Storage | 3,825,000 | 3,825,000 | 0.4% | 3,278,768 | N | 8/25/2014 | 10/1/2014 | 9/1/2016 | 10/1/2016 | 9/1/2024 | 4.64000% | 0.00280% | 0.00479% | ||||||||||||||||
50 | Mark Twain Owners’ Corp. | 3,550,000 | 3,550,000 | 0.4% | 2,820,058 | N | 8/29/2014 | 10/1/2014 | 10/1/2014 | 9/1/2024 | 4.00000% | 0.00280% | 0.00479% | |||||||||||||||||
51 | Town Lakes Self Storage | 3,525,000 | 3,525,000 | 0.4% | 3,028,744 | N | 8/25/2014 | 10/1/2014 | 9/1/2016 | 10/1/2016 | 9/1/2024 | 4.73000% | 0.00280% | 0.00479% | ||||||||||||||||
52 | Renaissance Park I | 3,500,000 | 3,500,000 | 0.4% | 3,049,535 | N | 8/11/2014 | 9/11/2014 | 8/11/2017 | 9/11/2017 | 8/11/2024 | 4.30000% | 0.00280% | 0.00479% | ||||||||||||||||
53 | Hidden Meadows, Inc. | 3,500,000 | 3,500,000 | 0.4% | 2,780,459 | N | 9/2/2014 | 10/1/2014 | 10/1/2014 | 11/1/2014 | 10/1/2024 | 4.00000% | 0.00280% | 0.00479% | ||||||||||||||||
54 | Storage Choice Stafford | 3,350,000 | 3,350,000 | 0.4% | 2,717,022 | N | 9/9/2014 | 10/5/2014 | 10/5/2014 | 11/5/2014 | 10/5/2024 | 4.59000% | 0.00280% | 0.00479% | ||||||||||||||||
55 | Walgreens - Albuquerque | 3,350,000 | 3,346,219 | 0.4% | 2,730,888 | N | 8/1/2014 | 9/1/2014 | 9/1/2014 | 8/1/2024 | 4.74000% | 0.00280% | 0.00479% | |||||||||||||||||
56 | Kingsgate Village Apartments | 3,300,000 | 3,294,484 | 0.4% | 2,425,854 | N | 7/31/2014 | 9/11/2014 | 9/11/2014 | 8/11/2024 | 4.54000% | 0.00280% | 0.00479% | |||||||||||||||||
57 | StorQuest - Kalihi | 3,067,500 | 3,067,500 | 0.3% | 2,628,190 | N | 7/25/2014 | 9/1/2014 | 8/1/2016 | 9/1/2016 | 8/1/2024 | 4.62000% | 0.00280% | 0.00479% | ||||||||||||||||
58 | Statewide Self Storage | 2,835,000 | 2,830,253 | 0.3% | 2,083,242 | N | 8/7/2014 | 9/11/2014 | 9/11/2014 | 8/11/2024 | 4.53000% | 0.00280% | 0.00479% | |||||||||||||||||
59 | Storage Depot - Huebner Commons | 2,825,000 | 2,825,000 | 0.3% | 2,467,202 | N | 7/30/2014 | 9/11/2014 | 8/11/2017 | 9/11/2017 | 8/11/2024 | 4.40000% | 0.00280% | 0.00479% | ||||||||||||||||
60 | Storage Choice Clear Lake | 2,768,000 | 2,768,000 | 0.3% | 2,244,990 | N | 9/9/2014 | 10/5/2014 | 10/5/2014 | 11/5/2014 | 10/5/2024 | 4.59000% | 0.00280% | 0.00479% | ||||||||||||||||
61 | Saratoga Storage | 2,765,000 | 2,765,000 | 0.3% | 2,043,126 | N | 8/8/2014 | 10/1/2014 | 10/1/2014 | 9/1/2024 | 4.68000% | 0.00280% | 0.00479% | |||||||||||||||||
62 | Storage Depot - McAllen | 2,750,000 | 2,750,000 | 0.3% | 2,401,701 | N | 7/30/2014 | 9/11/2014 | 8/11/2017 | 9/11/2017 | 8/11/2024 | 4.40000% | 0.00280% | 0.00479% | ||||||||||||||||
63 | Locust Street Owners Inc. | 2,500,000 | 2,496,676 | 0.3% | 1,986,066 | N | 7/25/2014 | 9/1/2014 | 9/1/2014 | 8/1/2024 | 4.00000% | 0.00280% | 0.00479% | |||||||||||||||||
64 | Bridge Road Storage | 2,400,000 | 2,400,000 | 0.3% | 2,066,944 | N | 8/25/2014 | 10/1/2014 | 9/1/2016 | 10/1/2016 | 9/1/2024 | 4.82000% | 0.00280% | 0.00479% | ||||||||||||||||
65 | Midtown Manor Apartments, Ltd. | 2,400,000 | 2,400,000 | 0.3% | 1,906,517 | N | 8/29/2014 | 10/1/2014 | 10/1/2014 | 9/1/2024 | 4.00000% | 0.00280% | 0.00479% | |||||||||||||||||
66 | Cedar River Estates MHC | 2,400,000 | 2,400,000 | 0.3% | 1,758,106 | N | 9/2/2014 | 10/11/2014 | 10/11/2014 | 9/11/2024 | 4.45000% | 0.00280% | 0.00479% | |||||||||||||||||
67 | Elmhurst House, Inc. | 2,400,000 | 2,396,809 | 0.3% | 1,906,623 | N | 7/31/2014 | 9/1/2014 | 9/1/2014 | 8/1/2024 | 4.00000% | 0.00280% | 0.00479% | |||||||||||||||||
68 | 270 King Street | 2,350,000 | 2,350,000 | 0.2% | 1,885,528 | N | 9/5/2014 | 10/11/2014 | 10/11/2014 | 9/11/2024 | 4.28000% | 0.00280% | 0.00479% | |||||||||||||||||
69 | Storage Depot - Highway 77 | 2,325,000 | 2,325,000 | 0.2% | 2,030,530 | N | 7/30/2014 | 9/11/2014 | 8/11/2017 | 9/11/2017 | 8/11/2024 | 4.40000% | 0.00280% | 0.00479% | ||||||||||||||||
70 | 130 E. 94th Apartments Corp. | 2,300,000 | 2,296,942 | 0.2% | 1,827,181 | N | 7/29/2014 | 9/1/2014 | 9/1/2014 | 8/1/2024 | 4.00000% | 0.00280% | 0.00479% | |||||||||||||||||
71 | 95 Sedgwick Owners Corp. | 2,200,000 | 2,197,075 | 0.2% | 1,747,737 | N | 7/31/2014 | 9/1/2014 | 9/1/2014 | 8/1/2024 | 4.00000% | 0.00280% | 0.00479% | |||||||||||||||||
72 | Extra Space Palm Springs | 2,000,000 | 2,000,000 | 0.2% | 1,828,018 | N | 9/8/2014 | 10/11/2014 | 9/11/2019 | 10/11/2019 | 9/11/2024 | 4.42000% | 0.00280% | 0.00479% | ||||||||||||||||
73 | 2640 Marion Avenue Owners, Inc. | 2,000,000 | 2,000,000 | 0.2% | 1,585,313 | N | 8/29/2014 | 10/1/2014 | 10/1/2014 | 9/1/2024 | 3.94000% | 0.00280% | 0.00479% | |||||||||||||||||
74 | Bedford Square Apartments | 2,000,000 | 1,997,685 | 0.2% | 1,624,335 | N | 8/1/2014 | 9/11/2014 | 9/11/2014 | 8/11/2024 | 4.63000% | 0.00280% | 0.00479% | |||||||||||||||||
75 | Kentwood MHC | 1,900,000 | 1,900,000 | 0.2% | 1,537,231 | N | 8/15/2014 | 10/11/2014 | 10/11/2014 | 9/11/2024 | 4.52000% | 0.00280% | 0.00479% | |||||||||||||||||
76 | Shops on Veterans | 1,870,000 | 1,870,000 | 0.2% | 1,514,515 | N | 8/25/2014 | 10/11/2014 | 10/11/2014 | 9/11/2024 | 4.55000% | 0.00280% | 0.00479% | |||||||||||||||||
77 | Groff Studios Corp. | 1,850,000 | 1,850,000 | 0.2% | 1,850,000 | N | 7/24/2014 | 9/1/2014 | 8/1/2024 | 8/1/2024 | 4.00000% | 0.00280% | 0.00479% | |||||||||||||||||
78 | 828 Fifth Avenue Owners Corp. | 1,800,000 | 1,800,000 | 0.2% | 1,429,888 | N | 8/28/2014 | 10/1/2014 | 10/1/2014 | 9/1/2024 | 4.00000% | 0.00280% | 0.00479% | |||||||||||||||||
79 | Samuell Self Storage | 1,635,000 | 1,635,000 | 0.2% | 1,322,374 | N | 8/22/2014 | 10/11/2014 | 10/11/2014 | 9/11/2024 | 4.51000% | 0.00280% | 0.00479% | |||||||||||||||||
80 | Clark Street Tenants Incorporated | 1,600,000 | 1,600,000 | 0.2% | 1,416,255 | N | 8/27/2014 | 10/1/2014 | 10/1/2014 | 9/1/2024 | 4.11000% | 0.00280% | 0.00479% | |||||||||||||||||
81 | 61 Irving Place Corporation | 1,600,000 | 1,597,872 | 0.2% | 1,271,083 | N | 7/25/2014 | 9/1/2014 | 9/1/2014 | 8/1/2024 | 4.00000% | 0.00280% | 0.00479% | |||||||||||||||||
82 | 444 East 87th Street Owners Corp. | 1,550,000 | 1,550,000 | 0.2% | 1,370,407 | N | 9/2/2014 | 10/1/2014 | 10/1/2014 | 11/1/2014 | 10/1/2024 | 4.07000% | 0.00280% | 0.00479% | ||||||||||||||||
83 | Longhorn Self Storage | 1,550,000 | 1,550,000 | 0.2% | 1,253,627 | N | 8/22/2014 | 10/11/2014 | 10/11/2014 | 9/11/2024 | 4.51000% | 0.00280% | 0.00479% | |||||||||||||||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | 1,500,000 | 1,500,000 | 0.2% | 1,500,000 | N | 8/27/2014 | 10/1/2014 | 9/1/2024 | 9/1/2024 | 4.00000% | 0.00280% | 0.00479% | |||||||||||||||||
85 | Cheney Center | 1,500,000 | 1,500,000 | 0.2% | 1,226,451 | N | 9/2/2014 | 10/1/2014 | 10/1/2014 | 11/1/2014 | 10/1/2024 | 4.83000% | 0.00280% | 0.00479% | ||||||||||||||||
86 | 323 West 83rd Owners Corp. | 1,500,000 | 1,500,000 | 0.2% | 1,191,574 | N | 8/26/2014 | 10/1/2014 | 10/1/2014 | 9/1/2024 | 4.00000% | 0.00280% | 0.00479% | |||||||||||||||||
87 | Gibbons Commons Apartments | 1,450,000 | 1,450,000 | 0.2% | 1,169,111 | N | 9/2/2014 | 10/11/2014 | 10/11/2014 | 9/11/2024 | 4.42000% | 0.00280% | 0.00479% | |||||||||||||||||
88 | Dollar General - Ocoee | 1,300,000 | 1,298,087 | 0.1% | 980,932 | N | 7/10/2014 | 9/1/2014 | 9/1/2014 | 8/1/2024 | 5.25000% | 0.00280% | 0.00479% | |||||||||||||||||
89 | Trinity Arms Ltd. | 1,250,000 | 1,248,338 | 0.1% | 993,033 | N | 8/1/2014 | 9/1/2014 | 9/1/2014 | 8/1/2024 | 4.00000% | 0.00280% | 0.00479% | |||||||||||||||||
90 | Garden Lofts Corp. | 1,200,000 | 1,200,000 | 0.1% | 953,259 | N | 8/28/2014 | 10/1/2014 | 10/1/2014 | 9/1/2024 | 4.00000% | 0.00280% | 0.00479% | |||||||||||||||||
91 | Merritt Island MHC | 1,100,000 | 1,100,000 | 0.1% | 885,681 | N | 8/15/2014 | 10/11/2014 | 10/11/2014 | 9/11/2024 | 4.38000% | 0.00280% | 0.00479% | |||||||||||||||||
92 | 256 West 21st Owners Corp. | 1,000,000 | 998,670 | 0.1% | 794,427 | N | 7/30/2014 | 9/1/2014 | 9/1/2014 | 8/1/2024 | 4.00000% | 0.00280% | 0.00479% | |||||||||||||||||
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Servicing Fee | CREFC® IP Royalty License Fee Rate | Net Mortgage Rate | Interest Accrual Method | Monthly P&I Payment ($) | Amortization Type | Interest Accrual Method During IO | Original Term to Maturity or ARD (Mos.)(4) | Remaining Term to Maturity or ARD (Mos.) | Original IO Period (Mos.)(4) | Remaining IO Period (Mos.) | Original Amort Term (Mos.) | Remaining Amort Term (Mos.) | Seasoning (Mos.) | Prepayment Provisions(4)(6) | Grace Period Default (Days) | Grace Period Late (Days)(5) | ||||||||||||||||||
1 | Bank of America Plaza | 0.02000% | 0.00050% | 4.02471% | Actual/360 | 399,230.16 | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),D(89),O(7) | 5 | 5 | ||||||||||||||||||
2 | Crossings at Corona | 0.02000% | 0.00050% | 4.27191% | Actual/360 | 371,153.58 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 36 | 36 | 360 | 360 | 0 | L(24),D(89),O(7) | 0 | 5 | ||||||||||||||||||
3 | Columbus Square Portfolio | 0.02000% | 0.00050% | 4.54471% | Actual/360 | 358,200.82 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 42 | 41 | 420 | 420 | 1 | L(25),D(91),O(4) | 0 | 5 | ||||||||||||||||||
4 | DC Metro Mixed Use Portfolio | 0.02000% | 0.00050% | 4.47191% | Actual/360 | 321,681.84 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 30 | 29 | 360 | 360 | 1 | L(25),D(89),O(6) | 5 | 0 | ||||||||||||||||||
4.01 | 920-928 Rhode Island Avenue | |||||||||||||||||||||||||||||||||||
4.02 | 875 N Street | |||||||||||||||||||||||||||||||||||
4.03 | 119-125 N. Washington Street | |||||||||||||||||||||||||||||||||||
4.04 | 2000 S Street | |||||||||||||||||||||||||||||||||||
4.05 | 717 6th Street NW | |||||||||||||||||||||||||||||||||||
4.06 | 700 King Street | |||||||||||||||||||||||||||||||||||
4.07 | 1330 U Street | |||||||||||||||||||||||||||||||||||
4.08 | 100 King Street | |||||||||||||||||||||||||||||||||||
4.09 | 301 Pennsylvania Avenue | |||||||||||||||||||||||||||||||||||
4.10 | 705 6th Street | |||||||||||||||||||||||||||||||||||
4.11 | 3343 Prospect Street | |||||||||||||||||||||||||||||||||||
4.12 | 856 Rockville Pike | |||||||||||||||||||||||||||||||||||
4.13 | 106 N. Washington Street | |||||||||||||||||||||||||||||||||||
4.14 | 438 Massachusetts Avenue | |||||||||||||||||||||||||||||||||||
4.15 | 1726 20th Street | |||||||||||||||||||||||||||||||||||
5 | Centennial Center & Two Century Center | 0.08000% | 0.00050% | 4.51191% | Actual/360 | 217,873.86 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 42 | 42 | 360 | 360 | 0 | L(24),D(91),O(5) | 5 | 5 | ||||||||||||||||||
5.01 | Centennial Center | |||||||||||||||||||||||||||||||||||
5.02 | Two Century Tower | |||||||||||||||||||||||||||||||||||
6 | 677 Broadway | 0.02000% | 0.00050% | 4.45191% | Actual/360 | 145,962.45 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 5 | 5 | |||||||||||||||||||
7 | Homewood Suites - New Orleans | 0.02000% | 0.00050% | 4.33191% | Actual/360 | 147,937.32 | Amortizing Balloon | 120 | 119 | 0 | 0 | 300 | 299 | 1 | L(25),D(91),O(4) | 0 | 5 | |||||||||||||||||||
8 | Culver City Office Portfolio | 0.02000% | 0.00050% | 4.45191% | Actual/360 | 127,890.91 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 5 | |||||||||||||||||||
9 | Slatten Ranch Shopping Center | 0.03000% | 0.00050% | 4.26191% | Actual/360 | 124,707.60 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 60 | 58 | 360 | 360 | 2 | L(26),D(90),O(4) | 0 | 5 | ||||||||||||||||||
10 | Simi Valley Shopping Center | 0.11000% | 0.00050% | 4.38191% | Actual/360 | 111,470.77 | Interest-only, Amortizing Balloon | Actual/360 | 121 | 121 | 1 | 1 | 360 | 360 | 0 | L(24),D(93),O(4) | 5 | 5 | ||||||||||||||||||
11 | Stratford at Hillcrest | 0.02000% | 0.00050% | 4.47191% | Actual/360 | 110,457.40 | Interest-only, Amortizing Balloon | Actual/360 | 121 | 121 | 37 | 37 | 360 | 360 | 0 | L(24),D(93),O(4) | 6 | 6 | ||||||||||||||||||
12 | Marriott Bakersfield | 0.02000% | 0.00050% | 4.69391% | Actual/360 | 111,791.60 | Interest-only, Amortizing Balloon | Actual/360 | 61 | 61 | 37 | 37 | 360 | 360 | 0 | L(24),D(33),O(4) | 0 | 0 | ||||||||||||||||||
13 | Pomona Ranch Plaza | 0.02000% | 0.00050% | 4.69191% | Actual/360 | 100,889.79 | Interest-only, Amortizing Balloon | Actual/360 | 121 | 121 | 1 | 1 | 300 | 300 | 0 | L(24),D(94),O(3) | 0 | 0 | ||||||||||||||||||
14 | Courtyard by Marriott - Orlando | 0.02000% | 0.00050% | 4.61191% | Actual/360 | 83,693.62 | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 5 | |||||||||||||||||||
15 | The Shops at Starwood | 0.05000% | 0.00050% | 4.28191% | Actual/360 | 71,102.89 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 5 | ||||||||||||||||||
16 | The Shops at Pecos Ranch | 0.05000% | 0.00050% | 4.28191% | Actual/360 | 69,611.22 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 36 | 36 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 5 | ||||||||||||||||||
17 | Main Street & South Park | 0.02000% | 0.00050% | 4.86191% | Actual/360 | 66,598.86 | Interest-only, Amortizing Balloon | Actual/360 | 121 | 121 | 1 | 1 | 360 | 360 | 0 | L(24),D(94),O(3) | 5 | 5 | ||||||||||||||||||
17.01 | South Park | |||||||||||||||||||||||||||||||||||
17.02 | Main Street | |||||||||||||||||||||||||||||||||||
18 | Schlumberger Office | 0.02000% | 0.00050% | 4.50191% | Actual/360 | 63,101.05 | Interest-only, Amortizing Balloon | Actual/360 | 121 | 121 | 1 | 1 | 360 | 360 | 0 | L(24),D(95),O(2) | 5 | 5 | ||||||||||||||||||
19 | All Storage Hwy 66 | 0.02000% | 0.00050% | 4.40891% | Actual/360 | 56,330.27 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | |||||||||||||||||||
20 | Corridors Deer Valley | 0.02000% | 0.00050% | 3.74191% | Actual/360 | 49,210.63 | Interest-only, Amortizing Balloon | Actual/360 | 60 | 60 | 24 | 24 | 360 | 360 | 0 | L(24),D(31),O(5) | 0 | 5 | ||||||||||||||||||
21 | BJ’s Wholesale Club - Jacksonville | 0.02000% | 0.00050% | 4.32191% | Actual/360 | 52,270.24 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 24 | 23 | 360 | 360 | 1 | L(25),D(91),O(4) | 5 | 5 | ||||||||||||||||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | 0.02000% | 0.00050% | 5.08191% | Actual/360 | 59,692.70 | Amortizing Balloon | 120 | 119 | 0 | 0 | 300 | 299 | 1 | L(25),D(93),O(2) | 5 | 5 | |||||||||||||||||||
22.01 | Fairfield Inn - Madison Heights | |||||||||||||||||||||||||||||||||||
22.02 | Holiday Inn Express - Flint | |||||||||||||||||||||||||||||||||||
23 | Gateway Plaza | 0.02000% | 0.00050% | 4.30191% | Actual/360 | 48,421.87 | Amortizing Balloon | 84 | 84 | 0 | 0 | 360 | 360 | 0 | L(24),D(50),O(10) | 0 | 5 | |||||||||||||||||||
24 | Promenade Merced | 0.02000% | 0.00050% | 4.54191% | Actual/360 | 48,531.04 | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 5 | |||||||||||||||||||
25 | Victory Village | 0.02000% | 0.00050% | 4.37191% | Actual/360 | 46,320.38 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 36 | 36 | 360 | 360 | 0 | L(24),D(89),O(7) | 0 | 5 | ||||||||||||||||||
26 | Hampton Inn & Suites Lenox | 0.02000% | 0.00050% | 4.63191% | Actual/360 | 59,001.31 | Amortizing Balloon | 120 | 120 | 0 | 0 | 240 | 240 | 0 | L(24),D(93),O(3) | 0 | 0 | |||||||||||||||||||
27 | East Forest Plaza II | 0.02000% | 0.00050% | 4.57191% | Actual/360 | 46,522.48 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | |||||||||||||||||||
28 | San Rafael Self Storage | 0.02000% | 0.00050% | 4.53191% | Actual/360 | 33,904.44 | Interest-only, Balloon | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 2 | L(26),D(90),O(4) | 0 | 5 | ||||||||||||||||||
29 | All Storage Mustang Mini | 0.02000% | 0.00050% | 4.40191% | Actual/360 | 40,202.77 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | |||||||||||||||||||
30 | Marley Park Plaza | 0.06000% | 0.00050% | 4.92191% | Actual/360 | 42,360.64 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 5 | |||||||||||||||||||
31 | English Oaks Apartments | 0.02000% | 0.00050% | 4.58691% | Actual/360 | 38,515.59 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),GRTR 1% or YM(92),O(4) | 5 | 5 | |||||||||||||||||||
32 | WMA Shadow Portfolio | 0.02000% | 0.00050% | 4.28191% | Actual/360 | 36,323.32 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 48 | 48 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 5 | ||||||||||||||||||
32.01 | Spring Lake Town Center | |||||||||||||||||||||||||||||||||||
32.02 | Metro Junction | |||||||||||||||||||||||||||||||||||
32.03 | Center Stage at Winder |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Servicing Fee | CREFC® IP Royalty License Fee Rate | Net Mortgage Rate | Interest Accrual Method | Monthly P&I Payment ($) | Amortization Type | Interest Accrual Method During IO | Original Term to Maturity or ARD (Mos.)(4) | Remaining Term to Maturity or ARD (Mos.) | Original IO Period (Mos.)(4) | Remaining IO Period (Mos.) | Original Amort Term (Mos.) | Remaining Amort Term (Mos.) | Seasoning (Mos.) | Prepayment Provisions(4)(6) | Grace Period Default (Days) | Grace Period Late (Days)(5) | ||||||||||||||||||
33 | Larchmont Village Plaza | 0.02000% | 0.00050% | 4.02191% | Actual/360 | 23,953.13 | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 5 | ||||||||||||||||||
34 | Jordan Hospital Medical Office | 0.02000% | 0.00050% | 4.31191% | Actual/360 | 31,996.30 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | L(24),GRTR 1% or YM(92),O(4) | 0 | 5 | ||||||||||||||||||
35 | Shiloh Business Park | 0.02000% | 0.00050% | 4.55091% | Actual/360 | 23,212.99 | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),D(92),O(4) | 5 | 5 | ||||||||||||||||||
36 | Temescal Storage Center | 0.02000% | 0.00050% | 4.26191% | Actual/360 | 21,385.45 | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 5 | ||||||||||||||||||
37 | Storage Choice Sugar Land | 0.02000% | 0.00050% | 4.56191% | Actual/360 | 28,879.45 | Interest-only, Amortizing Balloon | Actual/360 | 121 | 121 | 1 | 1 | 360 | 360 | 0 | L(24),D(94),O(3) | 0 | 0 | ||||||||||||||||||
38 | Chateau Villa Corp. | 0.08000% | 0.00050% | 4.01191% | Actual/360 | 23,329.86 | Interest-only, Amortizing Balloon | Actual/360 | 121 | 121 | 1 | 1 | 480 | 480 | 0 | L(1),5%(23),4%(24),3%(24),2%(24),1%(21),O(4) | 10 | 10 | ||||||||||||||||||
39 | Storage Choice Pearland | 0.02000% | 0.00050% | 4.56191% | Actual/360 | 26,882.46 | Interest-only, Amortizing Balloon | Actual/360 | 121 | 121 | 1 | 1 | 360 | 360 | 0 | L(24),D(94),O(3) | 0 | 0 | ||||||||||||||||||
40 | Country Life MHP | 0.02000% | 0.00050% | 4.50191% | Actual/360 | 26,440.41 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | ||||||||||||||||||
41 | Western Square Shopping Center | 0.02000% | 0.00050% | 4.26191% | Actual/360 | 23,972.79 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 5 | 5 | |||||||||||||||||||
42 | La Quinta - Lexington | 0.02000% | 0.00050% | 4.77191% | Actual/360 | 27,217.36 | Interest-only, Amortizing Balloon | Actual/360 | 121 | 121 | 1 | 1 | 300 | 300 | 0 | L(24),D(95),O(2) | 5 | 5 | ||||||||||||||||||
43 | Brittany Estates | 0.02000% | 0.00050% | 4.49691% | Actual/360 | 23,884.08 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | L(24),GRTR 1% or YM(92),O(4) | 5 | 5 | ||||||||||||||||||
44 | All Storage Mustang SC | 0.02000% | 0.00050% | 4.40891% | Actual/360 | 21,123.85 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 0 | |||||||||||||||||||
45 | StorQuest - Hollywood | 0.09000% | 0.00050% | 4.42191% | Actual/360 | 20,568.91 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 24 | 22 | 360 | 360 | 2 | L(26),GRTR 1% or YM(90),O(4) | 5 | 5 | ||||||||||||||||||
46 | DAK Equities Corp. | 0.08000% | 0.00050% | 3.91191% | Actual/360 | 13,518.52 | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | 5%(24),4%(24),3%(24),2%(24),1%(20),O(4) | 10 | 10 | ||||||||||||||||||
47 | Comfort Suites - Wilmington | 0.02000% | 0.00050% | 4.88191% | Actual/360 | 23,174.34 | Interest-only, Amortizing Balloon | Actual/360 | 121 | 121 | 1 | 1 | 300 | 300 | 0 | L(24),D(95),O(2) | 5 | 5 | ||||||||||||||||||
48 | Storage Depot - Regal Row | 0.02000% | 0.00050% | 4.37191% | Actual/360 | 19,279.30 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 36 | 35 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 5 | ||||||||||||||||||
49 | Big Bend Storage | 0.06000% | 0.00050% | 4.57191% | Actual/360 | 19,700.19 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 24 | 24 | 360 | 360 | 0 | L(24),D(92),O(4) | 5 | 5 | ||||||||||||||||||
50 | Mark Twain Owners’ Corp. | 0.08000% | 0.00050% | 3.91191% | Actual/360 | 16,948.24 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | 5%(23),4%(24),3%(24),2%(24),1%(21),O(4) | 10 | 10 | |||||||||||||||||||
51 | Town Lakes Self Storage | 0.06000% | 0.00050% | 4.66191% | Actual/360 | 18,345.60 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 24 | 24 | 360 | 360 | 0 | L(24),D(92),O(4) | 5 | 5 | ||||||||||||||||||
52 | Renaissance Park I | 0.02000% | 0.00050% | 4.27191% | Actual/360 | 17,320.50 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 36 | 35 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 5 | ||||||||||||||||||
53 | Hidden Meadows, Inc. | 0.08000% | 0.00050% | 3.91191% | Actual/360 | 16,709.54 | Interest-only, Amortizing Balloon | Actual/360 | 121 | 121 | 1 | 1 | 360 | 360 | 0 | L(1),5%(23),4%(24),3%(24),2%(24),1%(21),O(4) | 10 | 10 | ||||||||||||||||||
54 | Storage Choice Stafford | 0.02000% | 0.00050% | 4.56191% | Actual/360 | 17,153.57 | Interest-only, Amortizing Balloon | Actual/360 | 121 | 121 | 1 | 1 | 360 | 360 | 0 | L(24),D(94),O(3) | 0 | 0 | ||||||||||||||||||
55 | Walgreens - Albuquerque | 0.02000% | 0.00050% | 4.71191% | Actual/360 | 17,455.00 | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 5 | 5 | |||||||||||||||||||
56 | Kingsgate Village Apartments | 0.02000% | 0.00050% | 4.51191% | Actual/360 | 18,417.48 | Amortizing Balloon | 120 | 119 | 0 | 0 | 300 | 299 | 1 | L(25),D(91),O(4) | 0 | 5 | |||||||||||||||||||
57 | StorQuest - Kalihi | 0.11000% | 0.00050% | 4.50191% | Actual/360 | 15,762.05 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 24 | 23 | 360 | 360 | 1 | L(25),GRTR 1% or YM(91),O(4) | 5 | 5 | ||||||||||||||||||
58 | Statewide Self Storage | 0.02000% | 0.00050% | 4.50191% | Actual/360 | 15,806.16 | Amortizing Balloon | 120 | 119 | 0 | 0 | 300 | 299 | 1 | L(25),D(91),O(4) | 0 | 5 | |||||||||||||||||||
59 | Storage Depot - Huebner Commons | 0.02000% | 0.00050% | 4.37191% | Actual/360 | 14,146.50 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 36 | 35 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 5 | ||||||||||||||||||
60 | Storage Choice Clear Lake | 0.02000% | 0.00050% | 4.56191% | Actual/360 | 14,173.46 | Interest-only, Amortizing Balloon | Actual/360 | 121 | 121 | 1 | 1 | 360 | 360 | 0 | L(24),D(94),O(3) | 0 | 0 | ||||||||||||||||||
61 | Saratoga Storage | 0.02000% | 0.00050% | 4.65191% | Actual/360 | 15,652.62 | Amortizing Balloon | 120 | 120 | 0 | 0 | 300 | 300 | 0 | L(24),D(92),O(4) | 5 | 5 | |||||||||||||||||||
62 | Storage Depot - McAllen | 0.02000% | 0.00050% | 4.37191% | Actual/360 | 13,770.93 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 36 | 35 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 5 | ||||||||||||||||||
63 | Locust Street Owners Inc. | 0.08000% | 0.00050% | 3.91191% | Actual/360 | 11,935.38 | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | 5%(24),4%(24),3%(24),2%(24),1%(20),O(4) | 10 | 10 | |||||||||||||||||||
64 | Bridge Road Storage | 0.06000% | 0.00050% | 4.75191% | Actual/360 | 12,621.00 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 24 | 24 | 360 | 360 | 0 | L(24),D(92),O(4) | 5 | 5 | ||||||||||||||||||
65 | Midtown Manor Apartments, Ltd. | 0.08000% | 0.00050% | 3.91191% | Actual/360 | 11,457.97 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | 5%(23),4%(24),3%(24),2%(24),1%(21),O(4) | 10 | 10 | |||||||||||||||||||
66 | Cedar River Estates MHC | 0.02000% | 0.00050% | 4.42191% | Actual/360 | 13,271.96 | Amortizing Balloon | 120 | 120 | 0 | 0 | 300 | 300 | 0 | L(24),GRTR 1% or YM(92),O(4) | 0 | 5 | |||||||||||||||||||
67 | Elmhurst House, Inc. | 0.08000% | 0.00050% | 3.91191% | Actual/360 | 11,457.97 | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | 5%(23),4%(24),3%(24),2%(24),1%(21),O(4) | 10 | 10 | |||||||||||||||||||
68 | 270 King Street | 0.02000% | 0.00050% | 4.25191% | Actual/360 | 11,601.90 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 5 | |||||||||||||||||||
69 | Storage Depot - Highway 77 | 0.02000% | 0.00050% | 4.37191% | Actual/360 | 11,642.69 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 36 | 35 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 5 | ||||||||||||||||||
70 | 130 E. 94th Apartments Corp. | 0.08000% | 0.00050% | 3.91191% | Actual/360 | 10,980.55 | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | 5%(23),4%(24),3%(24),2%(24),1%(21),O(4) | 10 | 10 | |||||||||||||||||||
71 | 95 Sedgwick Owners Corp. | 0.08000% | 0.00050% | 3.91191% | Actual/360 | 10,503.14 | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | 5%(24),4%(24),3%(24),2%(24),1%(20),O(4) | 10 | 10 | |||||||||||||||||||
72 | Extra Space Palm Springs | 0.02000% | 0.00050% | 4.39191% | Actual/360 | 10,038.86 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 5 | ||||||||||||||||||
73 | 2640 Marion Avenue Owners, Inc. | 0.08000% | 0.00050% | 3.85191% | Actual/360 | 9,479.25 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | |||||||||||||||||||
74 | Bedford Square Apartments | 0.02000% | 0.00050% | 4.60191% | Actual/360 | 10,288.78 | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),GRTR 1% or YM(88),O(7) | 0 | 5 | |||||||||||||||||||
75 | Kentwood MHC | 0.07000% | 0.00050% | 4.44191% | Actual/360 | 9,649.61 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 5 | |||||||||||||||||||
76 | Shops on Veterans | 0.02000% | 0.00050% | 4.52191% | Actual/360 | 9,530.65 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),GRTR 1% or YM(92),O(4) | 0 | 5 | |||||||||||||||||||
77 | Groff Studios Corp. | 0.08000% | 0.00050% | 3.91191% | Actual/360 | 6,252.31 | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | 5%(23),4%(24),3%(24),2%(24),1%(21),O(4) | 10 | 10 | ||||||||||||||||||
78 | 828 Fifth Avenue Owners Corp. | 0.08000% | 0.00050% | 3.91191% | Actual/360 | 8,593.48 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | 5%(24),4%(24),3%(24),2%(24),1%(20),O(4) | 10 | 10 | |||||||||||||||||||
79 | Samuell Self Storage | 0.02000% | 0.00050% | 4.48191% | Actual/360 | 8,294.02 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 5 | |||||||||||||||||||
80 | Clark Street Tenants Incorporated | 0.08000% | 0.00050% | 4.02191% | Actual/360 | 6,796.89 | Amortizing Balloon | 120 | 120 | 0 | 0 | 480 | 480 | 0 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | |||||||||||||||||||
81 | 61 Irving Place Corporation | 0.08000% | 0.00050% | 3.91191% | Actual/360 | 7,638.64 | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | 5%(23),4%(24),3%(24),2%(24),1%(21),O(4) | 10 | 10 | |||||||||||||||||||
82 | 444 East 87th Street Owners Corp. | 0.08000% | 0.00050% | 3.98191% | Actual/360 | 6,545.69 | Interest-only, Amortizing Balloon | Actual/360 | 121 | 121 | 1 | 1 | 480 | 480 | 0 | L(1),GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | ||||||||||||||||||
83 | Longhorn Self Storage | 0.02000% | 0.00050% | 4.48191% | Actual/360 | 7,862.83 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 5 | |||||||||||||||||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | 0.08000% | 0.00050% | 3.91191% | Actual/360 | 5,069.44 | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | 5%(24),4%(24),3%(24),2%(24),1%(20),O(4) | 10 | 10 | ||||||||||||||||||
85 | Cheney Center | 0.02000% | 0.00050% | 4.80191% | Actual/360 | 7,897.20 | Interest-only, Amortizing Balloon | Actual/360 | 121 | 121 | 1 | 1 | 360 | 360 | 0 | L(24),D(94),O(3) | 0 | 0 | ||||||||||||||||||
86 | 323 West 83rd Owners Corp. | 0.08000% | 0.00050% | 3.91191% | Actual/360 | 7,161.23 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | 5%(23),4%(24),3%(24),2%(24),1%(21),O(4) | 10 | 10 | |||||||||||||||||||
87 | Gibbons Commons Apartments | 0.02000% | 0.00050% | 4.39191% | Actual/360 | 7,278.17 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 5 | |||||||||||||||||||
88 | Dollar General - Ocoee | 0.02000% | 0.00050% | 5.22191% | Actual/360 | 7,790.22 | Amortizing Balloon | 120 | 119 | 0 | 0 | 300 | 299 | 1 | L(25),D(91),O(4) | 5 | 5 | |||||||||||||||||||
89 | Trinity Arms Ltd. | 0.08000% | 0.00050% | 3.91191% | Actual/360 | 5,967.69 | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | 5%(24),4%(24),3%(24),2%(24),1%(20),O(4) | 10 | 10 | |||||||||||||||||||
90 | Garden Lofts Corp. | 0.08000% | 0.00050% | 3.91191% | Actual/360 | 5,728.98 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | 5%(24),4%(24),3%(24),2%(24),1%(20),O(4) | 10 | 10 | |||||||||||||||||||
91 | Merritt Island MHC | 0.02000% | 0.00050% | 4.35191% | Actual/360 | 5,495.38 | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | 5 | |||||||||||||||||||
92 | 256 West 21st Owners Corp. | 0.08000% | 0.00050% | 3.91191% | Actual/360 | 4,774.15 | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | GRTR 1% or YM(83),1%(33),O(4) | 10 | 10 |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||
Mortgage Loan Number | Property Name | Appraised Value ($)(7)(8) | Appraisal Date | Coop -Rental Value(9) | Coop - LTV as Rental(9) | Coop - Unsold Percent(10) | ||||||
1 | Bank of America Plaza | 605,000,000 | 6/24/2014 | |||||||||
2 | Crossings at Corona | 222,000,000 | 8/5/2014 | |||||||||
3 | Columbus Square Portfolio | 555,000,000 | 7/16/2014 | |||||||||
4 | DC Metro Mixed Use Portfolio | 84,650,000 | Various | |||||||||
4.01 | 920-928 Rhode Island Avenue | 23,200,000 | 8/1/2014 | |||||||||
4.02 | 875 N Street | 11,900,000 | 5/22/2014 | |||||||||
4.03 | 119-125 N. Washington Street | 7,800,000 | 6/1/2016 | |||||||||
4.04 | 2000 S Street | 5,500,000 | 5/16/2014 | |||||||||
4.05 | 717 6th Street NW | 5,200,000 | 5/29/2015 | |||||||||
4.06 | 700 King Street | 4,550,000 | 6/1/2015 | |||||||||
4.07 | 1330 U Street | 4,300,000 | 5/16/2014 | |||||||||
4.08 | 100 King Street | 4,300,000 | 6/1/2015 | |||||||||
4.09 | 301 Pennsylvania Avenue | 3,900,000 | 5/16/2014 | |||||||||
4.10 | 705 6th Street | 3,000,000 | 5/16/2014 | |||||||||
4.11 | 3343 Prospect Street | 2,900,000 | 5/16/2014 | |||||||||
4.12 | 856 Rockville Pike | 2,400,000 | 5/16/2014 | |||||||||
4.13 | 106 N. Washington Street | 2,100,000 | 5/15/2014 | |||||||||
4.14 | 438 Massachusetts Avenue | 2,100,000 | 5/16/2014 | |||||||||
4.15 | 1726 20th Street | 1,500,000 | 5/16/2014 | |||||||||
5 | Centennial Center & Two Century Center | 58,200,000 | 7/15/2014 | |||||||||
5.01 | Centennial Center | 30,300,000 | 7/15/2014 | |||||||||
5.02 | Two Century Tower | 27,900,000 | 7/15/2014 | |||||||||
6 | 677 Broadway | 39,000,000 | 7/22/2014 | |||||||||
7 | Homewood Suites - New Orleans | 45,700,000 | 5/26/2014 | |||||||||
8 | Culver City Office Portfolio | 36,900,000 | 7/8/2014 | |||||||||
9 | Slatten Ranch Shopping Center | 36,800,000 | 5/28/2014 | |||||||||
10 | Simi Valley Shopping Center | 40,000,000 | 8/9/2014 | |||||||||
11 | Stratford at Hillcrest | 29,200,000 | 7/30/2014 | |||||||||
12 | Marriott Bakersfield | 32,600,000 | 7/15/2014 | |||||||||
13 | Pomona Ranch Plaza | 26,800,000 | 7/30/2014 | |||||||||
14 | Courtyard by Marriott - Orlando | 24,000,000 | 6/12/2014 | |||||||||
15 | The Shops at Starwood | 19,780,000 | 7/28/2014 | |||||||||
16 | The Shops at Pecos Ranch | 19,600,000 | 7/28/2014 | |||||||||
17 | Main Street & South Park | 16,750,000 | 6/25/2014 | |||||||||
17.01 | South Park | 8,774,269 | 6/25/2014 | |||||||||
17.02 | Main Street | 7,975,731 | 6/25/2014 | |||||||||
18 | Schlumberger Office | 18,500,000 | 8/5/2014 | |||||||||
19 | All Storage Hwy 66 | 15,000,000 | 7/2/2014 | |||||||||
20 | Corridors Deer Valley | 16,000,000 | 7/15/2014 | |||||||||
21 | BJ’s Wholesale Club - Jacksonville | 18,500,000 | 5/28/2014 | |||||||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | 17,000,000 | 5/1/2014 | |||||||||
22.01 | Fairfield Inn - Madison Heights | 10,400,000 | 5/1/2014 | |||||||||
22.02 | Holiday Inn Express - Flint | 6,600,000 | 5/1/2014 | |||||||||
23 | Gateway Plaza | 13,500,000 | 7/21/2014 | |||||||||
24 | Promenade Merced | 12,890,000 | 6/16/2014 | |||||||||
25 | Victory Village | 14,550,000 | 7/15/2014 | |||||||||
26 | Hampton Inn & Suites Lenox | 13,500,000 | 7/25/2014 | |||||||||
27 | East Forest Plaza II | 12,100,000 | 6/6/2014 | |||||||||
28 | San Rafael Self Storage | 13,700,000 | 5/7/2014 | |||||||||
29 | All Storage Mustang Mini | 11,300,000 | 7/2/2014 | |||||||||
30 | Marley Park Plaza | 10,900,000 | 7/5/2014 | |||||||||
31 | English Oaks Apartments | 10,300,000 | 7/8/2014 | |||||||||
32 | WMA Shadow Portfolio | 9,775,000 | Various | |||||||||
32.01 | Spring Lake Town Center | 4,100,000 | 7/18/2014 | |||||||||
32.02 | Metro Junction | 3,000,000 | 7/15/2014 | |||||||||
32.03 | Center Stage at Winder | 2,675,000 | 7/20/2014 |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||
Mortgage Loan Number | Property Name | Appraised Value ($)(7)(8) | Appraisal Date | Coop -Rental Value(9) | Coop - LTV as Rental(9) | Coop - Unsold Percent(10) | ||||||
33 | Larchmont Village Plaza | 20,000,000 | 7/8/2014 | |||||||||
34 | Jordan Hospital Medical Office | 10,700,000 | 5/13/2014 | |||||||||
35 | Shiloh Business Park | 8,370,000 | 7/30/2014 | |||||||||
36 | Temescal Storage Center | 11,300,000 | 3/18/2014 | |||||||||
37 | Storage Choice Sugar Land | 9,000,000 | 8/5/2014 | |||||||||
38 | Chateau Villa Corp. | 32,500,000 | 7/10/2014 | 17,100,000 | 32.2% | 0.6% | ||||||
39 | Storage Choice Pearland | 8,300,000 | 8/5/2014 | |||||||||
40 | Country Life MHP | 11,250,000 | 5/1/2014 | |||||||||
41 | Western Square Shopping Center | 7,500,000 | 7/23/2014 | |||||||||
42 | La Quinta - Lexington | 7,000,000 | 8/7/2014 | |||||||||
43 | Brittany Estates | 6,400,000 | 7/16/2014 | |||||||||
44 | All Storage Mustang SC | 6,350,000 | 7/2/2014 | |||||||||
45 | StorQuest - Hollywood | 5,550,000 | 6/4/2014 | |||||||||
46 | DAK Equities Corp. | 64,259,975 | 6/19/2014 | 27,100,000 | 14.8% | 28.6% | ||||||
47 | Comfort Suites - Wilmington | 5,800,000 | 8/1/2014 | |||||||||
48 | Storage Depot - Regal Row | 5,400,000 | 6/18/2014 | |||||||||
49 | Big Bend Storage | 5,510,000 | 7/16/2014 | |||||||||
50 | Mark Twain Owners’ Corp. | 43,600,000 | 6/6/2014 | 21,200,000 | 16.7% | 6.3% | ||||||
51 | Town Lakes Self Storage | 5,010,000 | 7/15/2014 | |||||||||
52 | Renaissance Park I | 5,850,000 | 5/12/2014 | |||||||||
53 | Hidden Meadows, Inc. | 12,030,000 | 6/8/2014 | 12,900,000 | 27.1% | 0.0% | ||||||
54 | Storage Choice Stafford | 5,100,000 | 8/5/2014 | |||||||||
55 | Walgreens - Albuquerque | 5,750,000 | 4/9/2014 | |||||||||
56 | Kingsgate Village Apartments | 4,400,000 | 7/2/2014 | |||||||||
57 | StorQuest - Kalihi | 4,090,000 | 6/1/2014 | |||||||||
58 | Statewide Self Storage | 9,000,000 | 6/21/2014 | |||||||||
59 | Storage Depot - Huebner Commons | 4,000,000 | 6/20/2014 | |||||||||
60 | Storage Choice Clear Lake | 4,500,000 | 8/5/2014 | |||||||||
61 | Saratoga Storage | 4,840,000 | 3/25/2014 | |||||||||
62 | Storage Depot - McAllen | 4,000,000 | 6/18/2014 | |||||||||
63 | Locust Street Owners Inc. | 8,968,000 | 5/21/2014 | 6,600,000 | 37.8% | 15.5% | ||||||
64 | Bridge Road Storage | 3,450,000 | 7/9/2014 | |||||||||
65 | Midtown Manor Apartments, Ltd. | 40,800,000 | 6/26/2014 | 20,600,000 | 11.7% | 6.7% | ||||||
66 | Cedar River Estates MHC | 3,510,000 | 6/23/2014 | |||||||||
67 | Elmhurst House, Inc. | 19,070,000 | 5/29/2014 | 13,400,000 | 17.9% | 13.6% | ||||||
68 | 270 King Street | 4,650,000 | 7/14/2014 | |||||||||
69 | Storage Depot - Highway 77 | 3,300,000 | 6/18/2014 | |||||||||
70 | 130 E. 94th Apartments Corp. | 34,100,000 | 6/26/2014 | 11,200,000 | 20.5% | 11.1% | ||||||
71 | 95 Sedgwick Owners Corp. | 7,000,000 | 7/8/2014 | 6,700,000 | 32.8% | 6.8% | ||||||
72 | Extra Space Palm Springs | 4,040,000 | 7/11/2014 | |||||||||
73 | 2640 Marion Avenue Owners, Inc. | 7,950,000 | 7/22/2014 | 5,740,000 | 34.8% | 56.3% | ||||||
74 | Bedford Square Apartments | 2,900,000 | 6/10/2014 | |||||||||
75 | Kentwood MHC | 3,200,000 | 7/7/2014 | |||||||||
76 | Shops on Veterans | 3,175,000 | 6/27/2014 | |||||||||
77 | Groff Studios Corp. | 31,098,579 | 6/6/2014 | 17,800,000 | 10.4% | 0.0% | ||||||
78 | 828 Fifth Avenue Owners Corp. | 81,065,885 | 7/18/2014 | 30,800,000 | 5.8% | 0.0% | ||||||
79 | Samuell Self Storage | 2,800,000 | 7/18/2014 | |||||||||
80 | Clark Street Tenants Incorporated | 51,500,000 | 7/29/2014 | 14,800,000 | 10.8% | 0.0% | ||||||
81 | 61 Irving Place Corporation | 53,795,000 | 6/27/2014 | 21,100,000 | 7.6% | 0.0% | ||||||
82 | 444 East 87th Street Owners Corp. | 12,065,000 | 7/28/2014 | 7,700,000 | 20.1% | 7.5% | ||||||
83 | Longhorn Self Storage | 2,400,000 | 7/15/2014 | |||||||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | 48,600,000 | 6/13/2014 | 27,600,000 | 5.4% | 0.0% | ||||||
85 | Cheney Center | 2,280,000 | 7/3/2014 | |||||||||
86 | 323 West 83rd Owners Corp. | 19,987,000 | 7/16/2014 | 8,400,000 | 17.9% | 29.2% | ||||||
87 | Gibbons Commons Apartments | 2,500,000 | 7/14/2014 | |||||||||
88 | Dollar General - Ocoee | 2,430,000 | 4/2/2014 | |||||||||
89 | Trinity Arms Ltd. | 4,550,000 | 6/10/2014 | 3,200,000 | 39.0% | 2.9% | ||||||
90 | Garden Lofts Corp. | 28,640,000 | 7/16/2014 | 16,700,000 | 7.2% | 0.0% | ||||||
91 | Merritt Island MHC | 1,650,000 | 7/5/2014 | |||||||||
92 | 256 West 21st Owners Corp. | 21,250,000 | 5/27/2014 | 10,000,000 | 10.0% | 22.9% |
WFRBS Commercial Mortgage Trust 2014-C23 | |||||||||||||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Coop - Sponsor Units(10) | Coop - Investor Units(10) | Coop - Coop Units(10) | Coop - Sponsor/ Investor Carry(10) | Coop - Committed Secondary Debt(11) | U/W NOI DSCR (x)(3)(12) | U/W NCF DSCR (x)(3)(12) | Cut-off Date LTV Ratio(3)(7)(8) | LTV Ratio at Maturity or ARD(3)(7)(8) | Cut-off Date U/W NOI Debt Yield(3)(12) | Cut-off Date U/W NCF Debt Yield(3)(12) | U/W Revenues ($)(12)(16) | U/W Expenses ($)(12) | U/W Net Operating Income ($)(12) | U/W Replacement ($)(12) | U/W TI/LC ($) | U/W Net Cash Flow ($)(12) | |||||||||||||||||||
1 | Bank of America Plaza | �� | 2.28 | 2.08 | 66.1% | 66.1% | 9.3% | 8.6% | 63,011,458 | 25,626,454 | 37,385,004 | 286,457 | 2,864,570 | 34,233,977 | |||||||||||||||||||||||
2 | Crossings at Corona | 1.39 | 1.27 | 65.3% | 56.9% | 8.2% | 7.5% | 18,045,605 | 6,112,113 | 11,933,492 | 183,497 | 843,626 | 10,906,369 | ||||||||||||||||||||||||
3 | Columbus Square Portfolio | 1.17 | 1.15 | 72.1% | 66.1% | 6.7% | 6.6% | 29,269,650 | 2,376,810 | 26,892,839 | 49,422 | 450,000 | 26,393,417 | ||||||||||||||||||||||||
4 | DC Metro Mixed Use Portfolio | 1.34 | 1.27 | 75.0% | 64.8% | 8.1% | 7.7% | 6,393,399 | 1,229,280 | 5,164,118 | 35,690 | 227,698 | 4,900,730 | ||||||||||||||||||||||||
4.01 | 920-928 Rhode Island Avenue | 1,838,290 | 203,588 | 1,634,702 | 8,149 | 58,675 | 1,567,878 | ||||||||||||||||||||||||||||||
4.02 | 875 N Street | 908,325 | 238,285 | 670,040 | 5,991 | 39,390 | 624,659 | ||||||||||||||||||||||||||||||
4.03 | 119-125 N. Washington Street | 401,826 | 143,318 | 258,507 | 5,148 | 37,063 | 216,297 | ||||||||||||||||||||||||||||||
4.04 | 2000 S Street | 467,637 | 117,782 | 349,855 | 2,160 | 15,552 | 332,143 | ||||||||||||||||||||||||||||||
4.05 | 717 6th Street NW | 421,592 | 90,939 | 330,653 | 3,192 | 11,017 | 316,444 | ||||||||||||||||||||||||||||||
4.06 | 700 King Street | 340,309 | 49,453 | 290,855 | 951 | 6,601 | 283,303 | ||||||||||||||||||||||||||||||
4.07 | 1330 U Street | 338,157 | 59,814 | 278,343 | 1,711 | 10,901 | 265,731 | ||||||||||||||||||||||||||||||
4.08 | 100 King Street | 309,444 | 45,673 | 263,770 | 1,296 | 9,335 | 253,139 | ||||||||||||||||||||||||||||||
4.09 | 301 Pennsylvania Avenue | 279,582 | 34,657 | 244,925 | 860 | 6,192 | 237,873 | ||||||||||||||||||||||||||||||
4.10 | 705 6th Street | 244,409 | 74,459 | 169,950 | 1,218 | 6,048 | 162,684 | ||||||||||||||||||||||||||||||
4.11 | 3343 Prospect Street | 205,601 | 35,234 | 170,367 | 667 | 4,806 | 164,894 | ||||||||||||||||||||||||||||||
4.12 | 856 Rockville Pike | 203,925 | 30,799 | 173,126 | 2,083 | 6,905 | 164,138 | ||||||||||||||||||||||||||||||
4.13 | 106 N. Washington Street | 156,001 | 28,505 | 127,496 | 787 | 5,666 | 121,043 | ||||||||||||||||||||||||||||||
4.14 | 438 Massachusetts Avenue | 156,232 | 36,479 | 119,753 | 724 | 5,211 | 113,818 | ||||||||||||||||||||||||||||||
4.15 | 1726 20th Street | 122,070 | 40,294 | 81,776 | 753 | 4,336 | 76,687 | ||||||||||||||||||||||||||||||
5 | Centennial Center & Two Century Center | 1.71 | 1.49 | 73.0% | 64.8% | 10.5% | 9.1% | 9,597,979 | 5,126,349 | 4,471,630 | 74,014 | 511,378 | 3,886,238 | ||||||||||||||||||||||||
5.01 | Centennial Center | 5,263,107 | 2,771,663 | 2,491,444 | 40,838 | 286,545 | 2,164,062 | ||||||||||||||||||||||||||||||
5.02 | Two Century Tower | 4,334,872 | 2,354,686 | 1,980,186 | 33,177 | 224,833 | 1,722,176 | ||||||||||||||||||||||||||||||
6 | 677 Broadway | 1.64 | 1.51 | 74.0% | 59.8% | 10.0% | 9.2% | 5,250,306 | 2,376,693 | 2,873,613 | 44,260 | 177,040 | 2,652,313 | ||||||||||||||||||||||||
7 | Homewood Suites - New Orleans | 2.01 | 1.83 | 59.0% | 43.1% | 13.3% | 12.1% | 8,072,544 | 4,499,454 | 3,573,090 | 0 | 0 | 3,250,188 | ||||||||||||||||||||||||
8 | Culver City Office Portfolio | 1.43 | 1.32 | 68.6% | 55.4% | 8.7% | 8.0% | 3,419,983 | 1,228,807 | 2,191,176 | 18,795 | 196,917 | 2,025,463 | ||||||||||||||||||||||||
9 | Slatten Ranch Shopping Center | 1.53 | 1.43 | 68.5% | 62.5% | 9.1% | 8.5% | 3,343,329 | 1,056,465 | 2,286,864 | 42,825 | 100,063 | 2,143,976 | ||||||||||||||||||||||||
10 | Simi Valley Shopping Center | 2.01 | 1.86 | 55.0% | 44.5% | 12.2% | 11.3% | 3,497,056 | 809,562 | 2,687,495 | 43,740 | 154,110 | 2,489,645 | ||||||||||||||||||||||||
11 | Stratford at Hillcrest | 1.25 | 1.18 | 74.7% | 65.4% | 7.6% | 7.2% | 2,928,134 | 1,269,650 | 1,658,484 | 90,720 | 0 | 1,567,764 | ||||||||||||||||||||||||
12 | Marriott Bakersfield | 1.94 | 1.52 | 66.0% | 63.9% | 12.1% | 9.5% | 11,177,596 | 8,578,954 | 2,598,642 | 0 | 0 | 2,039,748 | ||||||||||||||||||||||||
13 | Pomona Ranch Plaza | 1.37 | 1.23 | 66.2% | 49.0% | 9.3% | 8.4% | 2,496,600 | 840,166 | 1,656,434 | 20,000 | 150,000 | 1,486,434 | ||||||||||||||||||||||||
14 | Courtyard by Marriott - Orlando | 1.90 | 1.61 | 67.6% | 55.0% | 11.7% | 10.0% | 7,204,207 | 5,298,739 | 1,905,468 | 0 | 0 | 1,617,300 | ||||||||||||||||||||||||
15 | The Shops at Starwood | 1.59 | 1.46 | 72.3% | 66.0% | 9.5% | 8.7% | 2,005,332 | 652,781 | 1,352,551 | 11,077 | 93,596 | 1,247,878 | ||||||||||||||||||||||||
16 | The Shops at Pecos Ranch | 1.57 | 1.44 | 71.4% | 62.3% | 9.4% | 8.6% | 1,755,647 | 442,375 | 1,313,273 | 15,753 | 96,106 | 1,201,413 | ||||||||||||||||||||||||
17 | Main Street & South Park | 1.65 | 1.50 | 75.0% | 61.4% | 10.5% | 9.5% | 1,960,322 | 645,022 | 1,315,300 | 21,561 | 94,475 | 1,199,264 | ||||||||||||||||||||||||
17.01 | South Park | 1,056,800 | 367,797 | 689,003 | 15,653 | 68,589 | 604,761 | ||||||||||||||||||||||||||||||
17.02 | Main Street | 903,522 | 277,225 | 626,297 | 5,908 | 25,886 | 594,503 | ||||||||||||||||||||||||||||||
18 | Schlumberger Office | 2.18 | 1.95 | 67.1% | 54.3% | 13.3% | 11.9% | 2,946,255 | 1,294,128 | 1,652,127 | 36,074 | 138,851 | 1,477,202 | ||||||||||||||||||||||||
19 | All Storage Hwy 66 | 1.56 | 1.52 | 74.7% | 60.2% | 9.4% | 9.2% | 1,414,003 | 359,141 | 1,054,862 | 27,869 | 0 | 1,026,993 | ||||||||||||||||||||||||
20 | Corridors Deer Valley | 2.44 | 2.08 | 66.3% | 62.6% | 13.6% | 11.6% | 2,482,404 | 1,039,365 | 1,443,039 | 32,882 | 382,885 | 1,227,272 | ||||||||||||||||||||||||
21 | BJ’s Wholesale Club - Jacksonville | 1.75 | 1.62 | 56.8% | 48.3% | 10.4% | 9.7% | 1,496,621 | 399,571 | 1,097,050 | 23,920 | 59,112 | 1,014,018 | ||||||||||||||||||||||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | 1.89 | 1.66 | 59.3% | 44.6% | 13.4% | 11.8% | 4,175,219 | 2,822,273 | 1,352,946 | 0 | 0 | 1,185,937 | ||||||||||||||||||||||||
22.01 | Fairfield Inn - Madison Heights | 2,410,726 | 1,550,458 | 860,268 | 0 | 0 | 763,839 | ||||||||||||||||||||||||||||||
22.02 | Holiday Inn Express - Flint | 1,764,493 | 1,271,815 | 492,678 | 0 | 0 | 422,098 | ||||||||||||||||||||||||||||||
23 | Gateway Plaza | 1.67 | 1.48 | 72.2% | 63.0% | 10.0% | 8.8% | 1,531,156 | 560,955 | 970,202 | 27,378 | 83,219 | 859,605 | ||||||||||||||||||||||||
24 | Promenade Merced | 1.52 | 1.34 | 73.6% | 59.7% | 9.3% | 8.2% | 1,286,624 | 401,679 | 884,945 | 39,080 | 64,203 | 781,662 | ||||||||||||||||||||||||
25 | Victory Village | 1.44 | 1.36 | 63.6% | 55.5% | 8.6% | 8.2% | 1,132,723 | 334,328 | 798,394 | 10,695 | 31,150 | 756,549 | ||||||||||||||||||||||||
26 | Hampton Inn & Suites Lenox | 1.73 | 1.54 | 68.1% | 42.4% | 13.3% | 11.8% | 3,410,569 | 2,186,632 | 1,223,937 | 0 | 0 | 1,087,514 | ||||||||||||||||||||||||
27 | East Forest Plaza II | 1.53 | 1.38 | 75.0% | 60.8% | 9.4% | 8.5% | 1,272,954 | 416,929 | 856,024 | 21,816 | 65,314 | 768,894 | ||||||||||||||||||||||||
28 | San Rafael Self Storage | 1.99 | 1.97 | 64.2% | 64.2% | 9.2% | 9.1% | 1,200,475 | 392,211 | 808,265 | 7,253 | 0 | 801,012 | ||||||||||||||||||||||||
29 | All Storage Mustang Mini | 1.58 | 1.53 | 70.8% | 57.1% | 9.5% | 9.2% | 1,086,686 | 325,228 | 761,458 | 23,927 | 0 | 737,531 | ||||||||||||||||||||||||
30 | Marley Park Plaza | 1.91 | 1.76 | 72.5% | 59.6% | 12.3% | 11.3% | 1,428,180 | 458,026 | 970,154 | 15,509 | 60,198 | 894,447 | ||||||||||||||||||||||||
31 | English Oaks Apartments | 1.67 | 1.52 | 72.8% | 59.1% | 10.3% | 9.3% | 1,704,891 | 934,818 | 770,074 | 68,900 | 0 | 701,174 | ||||||||||||||||||||||||
32 | WMA Shadow Portfolio | 1.66 | 1.53 | 75.0% | 66.9% | 9.9% | 9.1% | 1,007,414 | 285,072 | 722,342 | 13,674 | 40,297 | 668,371 | ||||||||||||||||||||||||
32.01 | Spring Lake Town Center | 424,647 | 101,480 | 323,167 | 5,952 | 16,986 | 300,229 | ||||||||||||||||||||||||||||||
32.02 | Metro Junction | 360,050 | 123,956 | 236,094 | 4,796 | 14,402 | 216,896 | ||||||||||||||||||||||||||||||
32.03 | Center Stage at Winder | 222,717 | 59,636 | 163,081 | 2,926 | 8,909 | 151,246 |
WFRBS Commercial Mortgage Trust 2014-C23 | |||||||||||||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Coop - Sponsor Units(10) | Coop - Investor Units(10) | Coop - Coop Units(10) | Coop - Sponsor/ Investor Carry(10) | Coop - Committed Secondary Debt(11) | U/W NOI DSCR (x)(3)(12) | U/W NCF DSCR(x)(3)(12) | Cut-off Date LTV Ratio(3)(7)(8) | LTV Ratio at Maturity or ARD(3)(7)(8) | Cut-off Date U/W NOI Debt Yield(3)(12) | Cut-off Date U/W NCF Debt Yield(3)(12) | U/W Revenues ($)(12)(16) | U/W Expenses ($)(12) | U/W Net Operating Income ($)(12) | U/W Replacement ($)(12) | U/W TI/LC ($) | U/W Net Cash Flow ($)(12) | |||||||||||||||||||
33 | Larchmont Village Plaza | 3.86 | 3.70 | 35.0% | 35.0% | 15.8% | 15.2% | 1,347,126 | 238,750 | 1,108,376 | 5,215 | 39,015 | 1,064,146 | ||||||||||||||||||||||||
34 | Jordan Hospital Medical Office | 1.73 | 1.59 | 60.1% | 54.9% | 10.3% | 9.5% | 845,487 | 181,926 | 663,561 | 4,620 | 47,181 | 611,760 | ||||||||||||||||||||||||
35 | Shiloh Business Park | 2.22 | 2.07 | 71.7% | 71.7% | 10.3% | 9.6% | 761,763 | 144,273 | 617,490 | 9,674 | 32,246 | 575,571 | ||||||||||||||||||||||||
36 | Temescal Storage Center | 2.57 | 2.49 | 52.2% | 52.2% | 11.2% | 10.8% | 1,110,572 | 451,361 | 659,211 | 20,068 | 0 | 639,143 | ||||||||||||||||||||||||
37 | Storage Choice Sugar Land | 1.49 | 1.46 | 62.7% | 50.8% | 9.2% | 9.0% | 941,478 | 424,545 | 516,933 | 9,272 | 0 | 507,661 | ||||||||||||||||||||||||
38 | Chateau Villa Corp. | 0 | 0 | 1 | NAP | 500,000 | 4.44 | 4.44 | 16.9% | 15.0% | 22.6% | 22.6% | 2,340,800 | 1,098,000 | 1,242,800 | 39,000 | NAP | 1,242,800 | |||||||||||||||||||
39 | Storage Choice Pearland | 1.51 | 1.47 | 63.3% | 51.3% | 9.3% | 9.1% | 888,801 | 401,905 | 486,896 | 11,284 | 0 | 475,612 | ||||||||||||||||||||||||
40 | Country Life MHP | 2.44 | 2.39 | 46.2% | 42.3% | 14.9% | 14.6% | 1,610,217 | 836,646 | 773,570 | 15,350 | 0 | 758,220 | ||||||||||||||||||||||||
41 | Western Square Shopping Center | 2.01 | 1.82 | 64.7% | 51.9% | 11.9% | 10.8% | 743,731 | 166,612 | 577,119 | 11,724 | 42,335 | 523,060 | ||||||||||||||||||||||||
42 | La Quinta - Lexington | 1.68 | 1.49 | 67.9% | 50.4% | 11.6% | 10.3% | 1,538,077 | 988,760 | 549,317 | 0 | 0 | 487,794 | ||||||||||||||||||||||||
43 | Brittany Estates | 1.33 | 1.30 | 73.4% | 67.2% | 8.1% | 7.9% | 714,413 | 332,590 | 381,823 | 8,550 | 0 | 373,273 | ||||||||||||||||||||||||
44 | All Storage Mustang SC | 1.84 | 1.77 | 66.1% | 53.4% | 11.1% | 10.7% | 670,197 | 203,128 | 467,069 | 18,015 | 0 | 449,054 | ||||||||||||||||||||||||
45 | StorQuest - Hollywood | 1.51 | 1.50 | 73.0% | 62.4% | 9.2% | 9.1% | 662,943 | 290,088 | 372,855 | 3,558 | 0 | 369,297 | ||||||||||||||||||||||||
46 | DAK Equities Corp. | 12 | 0 | 0 | (12,519) | 1,000,000 | 11.26 | 11.26 | 6.2% | 6.2% | 45.7% | 45.7% | 2,864,320 | 1,037,000 | 1,827,320 | 17,000 | NAP | 1,827,320 | |||||||||||||||||||
47 | Comfort Suites - Wilmington | 1.72 | 1.54 | 69.0% | 51.4% | 12.0% | 10.7% | 1,312,905 | 833,452 | 479,453 | 0 | 0 | 426,937 | ||||||||||||||||||||||||
48 | Storage Depot - Regal Row | 1.55 | 1.51 | 71.3% | 62.3% | 9.3% | 9.1% | 507,668 | 149,525 | 358,143 | 9,084 | 0 | 349,059 | ||||||||||||||||||||||||
49 | Big Bend Storage | 1.62 | 1.58 | 69.4% | 59.5% | 10.0% | 9.7% | 650,898 | 267,658 | 383,240 | 10,365 | 0 | 372,875 | ||||||||||||||||||||||||
50 | Mark Twain Owners’ Corp. | 5 | 0 | 0 | (18,831) | 6.78 | 6.78 | 8.1% | 6.5% | 38.8% | 38.8% | 2,921,964 | 1,543,330 | 1,378,634 | 12,300 | NAP | 1,378,634 | ||||||||||||||||||||
51 | Town Lakes Self Storage | 1.45 | 1.41 | 70.4% | 60.5% | 9.1% | 8.8% | 498,355 | 179,249 | 319,106 | 9,386 | 0 | 309,719 | ||||||||||||||||||||||||
52 | Renaissance Park I | 2.08 | 1.87 | 59.8% | 52.1% | 12.3% | 11.1% | 668,427 | 236,594 | 431,834 | 7,077 | 36,486 | 388,271 | ||||||||||||||||||||||||
53 | Hidden Meadows, Inc. | 0 | 0 | 0 | NAP | 500,000 | 4.84 | 4.84 | 29.1% | 23.1% | 27.7% | 27.7% | 1,786,980 | 816,651 | 970,329 | 23,000 | NAP | 970,329 | |||||||||||||||||||
54 | Storage Choice Stafford | 1.52 | 1.47 | 65.7% | 53.3% | 9.3% | 9.1% | 677,028 | 363,947 | 313,081 | 9,859 | 0 | 303,223 | ||||||||||||||||||||||||
55 | Walgreens - Albuquerque | 1.62 | 1.61 | 58.2% | 47.5% | 10.1% | 10.1% | 348,981 | 10,469 | 338,511 | 2,184 | 0 | 336,327 | ||||||||||||||||||||||||
56 | Kingsgate Village Apartments | 1.43 | 1.33 | 74.9% | 55.1% | 9.6% | 8.9% | 612,062 | 297,055 | 315,006 | 21,024 | 0 | 293,982 | ||||||||||||||||||||||||
57 | StorQuest - Kalihi | 1.46 | 1.45 | 75.0% | 64.3% | 9.0% | 9.0% | 549,007 | 272,190 | 276,817 | 2,230 | 0 | 274,586 | ||||||||||||||||||||||||
58 | Statewide Self Storage | 2.45 | 2.40 | 31.4% | 23.1% | 16.4% | 16.1% | 756,131 | 292,260 | 463,871 | 8,715 | 0 | 455,156 | ||||||||||||||||||||||||
59 | Storage Depot - Huebner Commons | 1.56 | 1.51 | 70.6% | 61.7% | 9.4% | 9.1% | 436,453 | 172,164 | 264,289 | 7,856 | 0 | 256,433 | ||||||||||||||||||||||||
60 | Storage Choice Clear Lake | 1.55 | 1.50 | 61.5% | 49.9% | 9.5% | 9.2% | 549,621 | 286,253 | 263,369 | 8,987 | 0 | 254,382 | ||||||||||||||||||||||||
61 | Saratoga Storage | 1.50 | 1.46 | 57.1% | 42.2% | 10.2% | 9.9% | 465,256 | 184,446 | 280,809 | 6,531 | 0 | 274,278 | ||||||||||||||||||||||||
62 | Storage Depot - McAllen | 1.54 | 1.50 | 68.8% | 60.0% | 9.2% | 9.0% | 377,685 | 123,927 | 253,758 | 6,495 | 0 | 247,263 | ||||||||||||||||||||||||
63 | Locust Street Owners Inc. | 11 | 0 | 2 | 7,079 | 250,000 | 3.21 | 3.21 | 27.8% | 22.1% | 18.4% | 18.4% | 1,025,198 | 565,716 | 459,482 | 13,600 | NAP | 459,482 | |||||||||||||||||||
64 | Bridge Road Storage | 1.73 | 1.69 | 69.6% | 59.9% | 10.9% | 10.6% | 439,084 | 177,206 | 261,878 | 6,435 | 0 | 255,443 | ||||||||||||||||||||||||
65 | Midtown Manor Apartments, Ltd. | 5 | 0 | 0 | 612 | 500,000 | 9.71 | 9.71 | 5.9% | 4.7% | 55.6% | 55.6% | 2,576,131 | 1,241,100 | 1,335,031 | 14,000 | NAP | 1,335,031 | |||||||||||||||||||
66 | Cedar River Estates MHC | 1.65 | 1.61 | 68.4% | 50.1% | 10.9% | 10.7% | 480,553 | 218,138 | 262,415 | 5,950 | 0 | 256,465 | ||||||||||||||||||||||||
67 | Elmhurst House, Inc. | 11 | 0 | 0 | 115,221 | 500,000 | 7.04 | 7.04 | 12.6% | 10.0% | 40.4% | 40.4% | 1,566,204 | 597,750 | 968,454 | 21,250 | NAP | 968,454 | |||||||||||||||||||
68 | 270 King Street | 1.94 | 1.84 | 50.5% | 40.5% | 11.5% | 10.9% | 325,144 | 54,901 | 270,243 | 1,495 | 12,909 | 255,839 | ||||||||||||||||||||||||
69 | Storage Depot - Highway 77 | 1.55 | 1.50 | 70.5% | 61.5% | 9.3% | 9.0% | 322,252 | 105,574 | 216,678 | 6,491 | 0 | 210,188 | ||||||||||||||||||||||||
70 | 130 E. 94th Apartments Corp. | 5 | 0 | 0 | (30,872) | 1,000,000 | 5.53 | 5.53 | 6.7% | 5.4% | 31.7% | 31.7% | 1,945,848 | 1,217,000 | 728,848 | 13,000 | NAP | 728,848 | |||||||||||||||||||
71 | 95 Sedgwick Owners Corp. | 4 | 0 | 0 | 4,544 | 500,000 | 3.98 | 3.98 | 31.4% | 25.0% | 22.8% | 22.8% | 933,917 | 432,000 | 501,917 | 12,000 | NAP | 501,917 | |||||||||||||||||||
72 | Extra Space Palm Springs | 1.81 | 1.66 | 49.5% | 45.2% | 10.9% | 10.0% | 410,136 | 192,008 | 218,128 | 18,143 | 0 | 199,985 | ||||||||||||||||||||||||
73 | 2640 Marion Avenue Owners, Inc. | 40 | 0 | 0 | 216,099 | 200,000 | 3.40 | 3.40 | 25.2% | 19.9% | 19.4% | 19.4% | 930,834 | 543,671 | 387,163 | 10,800 | NAP | 387,163 | |||||||||||||||||||
74 | Bedford Square Apartments | 1.81 | 1.70 | 68.9% | 56.0% | 11.2% | 10.5% | 426,616 | 203,161 | 223,455 | 13,104 | 0 | 210,351 | ||||||||||||||||||||||||
75 | Kentwood MHC | 2.47 | 2.39 | 59.4% | 48.0% | 15.1% | 14.6% | 533,167 | 246,605 | 286,562 | 9,450 | 0 | 277,112 | ||||||||||||||||||||||||
76 | Shops on Veterans | 1.68 | 1.46 | 58.9% | 47.7% | 10.3% | 9.0% | 538,700 | 346,858 | 191,842 | 2,864 | 21,477 | 167,502 | ||||||||||||||||||||||||
77 | Groff Studios Corp. | 0 | 0 | 0 | NAP | 600,000 | 15.99 | 15.99 | 5.9% | 5.9% | 64.9% | 64.9% | 1,811,725 | 612,000 | 1,199,725 | 10,000 | NAP | 1,199,725 | |||||||||||||||||||
78 | 828 Fifth Avenue Owners Corp. | 0 | 0 | 0 | NAP | 500,000 | 18.69 | 18.69 | 2.2% | 1.8% | 107.1% | 107.1% | 2,669,405 | 741,900 | 1,927,505 | 4,500 | NAP | 1,927,505 | |||||||||||||||||||
79 | Samuell Self Storage | 1.84 | 1.69 | 58.4% | 47.2% | 11.2% | 10.3% | 355,840 | 172,651 | 183,190 | 15,474 | 0 | 167,716 | ||||||||||||||||||||||||
80 | Clark Street Tenants Incorporated | 0 | 0 | 0 | NAP | 250,000 | 11.79 | 11.79 | 3.1% | 2.8% | 60.1% | 60.1% | 1,463,760 | 502,000 | 961,760 | 11,000 | NAP | 961,760 | |||||||||||||||||||
81 | 61 Irving Place Corporation | 0 | 0 | 0 | NAP | 1,000,000 | 15.52 | 15.52 | 3.0% | 2.4% | 89.0% | 89.0% | 2,186,549 | 763,900 | 1,422,649 | 10,200 | NAP | 1,422,649 | |||||||||||||||||||
82 | 444 East 87th Street Owners Corp. | 3 | 0 | 0 | (6,727) | 500,000 | 6.58 | 6.58 | 12.8% | 11.4% | 33.3% | 33.3% | 922,517 | 405,760 | 516,757 | 5,300 | NAP | 516,757 | |||||||||||||||||||
83 | Longhorn Self Storage | 1.64 | 1.56 | 64.6% | 52.2% | 10.0% | 9.5% | 352,757 | 197,987 | 154,770 | 7,364 | 0 | 147,405 | ||||||||||||||||||||||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | 0 | 0 | 0 | NAP | 250,000 | 30.58 | 30.58 | 3.1% | 3.1% | 124.0% | 124.0% | 2,689,966 | 829,700 | 1,860,266 | 12,600 | NAP | 1,860,266 | |||||||||||||||||||
85 | Cheney Center | 1.79 | 1.59 | 65.8% | 53.8% | 11.3% | 10.1% | 269,267 | 99,792 | 169,475 | 1,706 | 16,636 | 151,133 | ||||||||||||||||||||||||
86 | 323 West 83rd Owners Corp. | 3 | 4 | 0 | 91,884 | 250,000 | 6.56 | 6.56 | 7.5% | 6.0% | 37.6% | 37.6% | 882,822 | 318,900 | 563,922 | 5,500 | NAP | 563,922 | |||||||||||||||||||
87 | Gibbons Commons Apartments | 2.03 | 1.74 | 58.0% | 46.8% | 12.2% | 10.5% | 480,670 | 303,668 | 177,002 | 25,020 | 0 | 151,982 | ||||||||||||||||||||||||
88 | Dollar General - Ocoee | 1.57 | 1.54 | 53.4% | 40.4% | 11.3% | 11.1% | 185,811 | 39,495 | 146,316 | 2,476 | 0 | 143,839 | ||||||||||||||||||||||||
89 | Trinity Arms Ltd. | 1 | 0 | 0 | 6,163 | 300,000 | 3.32 | 3.32 | 27.4% | 21.8% | 19.0% | 19.0% | 532,703 | 295,000 | 237,703 | 7,000 | NAP | 237,703 | |||||||||||||||||||
90 | Garden Lofts Corp. | 0 | 0 | 0 | NAP | 500,000 | 16.45 | 16.45 | 4.2% | 3.3% | 94.2% | 94.2% | 1,746,785 | 616,200 | 1,130,585 | 9,000 | NAP | 1,130,585 | |||||||||||||||||||
91 | Merritt Island MHC | 1.73 | 1.67 | 66.7% | 53.7% | 10.4% | 10.0% | 228,120 | 114,102 | 114,018 | 3,700 | 0 | 110,318 | ||||||||||||||||||||||||
92 | 256 West 21st Owners Corp. | 0 | 8 | 0 | 41,623 | 200,000 | 10.44 | 10.44 | 4.7% | 3.7% | 59.9% | 59.9% | 959,196 | 361,264 | 597,932 | 10,100 | NAP | 597,932 |
WFRBS Commercial Mortgage Trust 2014-C23 | |||||||||||||||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||||||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Occupancy Rate(2)(13)(16) | Occupancy as-of Date(13) | U/W Hotel ADR | U/W Hotel RevPAR | Most Recent Period(14) | Most Recent Revenues ($)(14) | Most Recent Expenses ($)(14) | Most Recent NOI ($)(14) | Most Recent Capital Expenditures ($) (14) | Most Recent NCF ($)(14) | Most Recent Hotel ADR | Most Recent Hotel RevPAR | Second Most Recent Period(14) | Second Most Recent Revenues ($)(14) | Second Most Recent Expenses ($)(14) | Second Most Recent NOI ($)(14) | Second Most Recent Capital Expenditures ($)(14) | Second Most Recent NCF ($)(14) | ||||||||||||||||||||
1 | Bank of America Plaza | 89.5% | 8/19/2014 | TTM 6/30/2014 | 58,775,667 | 25,608,463 | 33,167,204 | 0 | 33,167,204 | Actual 2013 | 53,763,284 | 24,898,805 | 28,864,479 | 0 | 28,864,479 | ||||||||||||||||||||||||
2 | Crossings at Corona | 93.9% | 7/31/2014 | TTM 6/30/2014 | 18,892,459 | 5,913,654 | 12,978,805 | 0 | 12,978,805 | Actual 2013 | 18,865,665 | 5,960,908 | 12,904,757 | 0 | 12,904,757 | ||||||||||||||||||||||||
3 | Columbus Square Portfolio | 95.7% | 7/31/2014 | Actual 2013 | 21,821,850 | 2,488,024 | 19,333,826 | 0 | 19,333,826 | Actual 2012 | 23,636,329 | 3,215,058 | 20,421,271 | 0 | 20,421,271 | ||||||||||||||||||||||||
4 | DC Metro Mixed Use Portfolio | 91.2% | 4/1/2014 | TTM 3/31/2014 | 4,590,454 | 1,190,073 | 3,400,381 | 0 | 3,400,381 | Actual 2013 | 4,807,049 | 1,189,170 | 3,617,879 | 0 | 3,617,879 | ||||||||||||||||||||||||
4.01 | 920-928 Rhode Island Avenue | 100.0% | 4/1/2014 | TTM 3/31/2014 | 1,070,518 | 203,116 | 867,402 | 0 | 867,402 | Actual 2013 | 1,187,430 | 198,946 | 988,484 | 0 | 988,484 | ||||||||||||||||||||||||
4.02 | 875 N Street | 96.1% | 4/1/2014 | TTM 3/31/2014 | 728,800 | 238,940 | 489,860 | 0 | 489,860 | Actual 2013 | 703,509 | 216,468 | 487,041 | 0 | 487,041 | ||||||||||||||||||||||||
4.03 | 119-125 N. Washington Street | 50.3% | 4/1/2014 | TTM 3/31/2014 | 311,791 | 143,644 | 168,147 | 0 | 168,147 | Actual 2013 | 330,031 | 156,858 | 173,173 | 0 | 173,173 | ||||||||||||||||||||||||
4.04 | 2000 S Street | 100.0% | 4/1/2014 | TTM 3/31/2014 | 458,646 | 121,000 | 337,646 | 0 | 337,646 | Actual 2013 | 455,120 | 115,414 | 339,706 | 0 | 339,706 | ||||||||||||||||||||||||
4.05 | 717 6th Street NW | 100.0% | 4/1/2014 | TTM 3/31/2014 | 326,088 | 30,205 | 295,883 | 0 | 295,883 | Actual 2013 | 393,068 | 59,313 | 333,755 | 0 | 333,755 | ||||||||||||||||||||||||
4.06 | 700 King Street | 100.0% | 4/1/2014 | TTM 3/31/2014 | 259,453 | 54,954 | 204,499 | 0 | 204,499 | Actual 2013 | 257,254 | 42,710 | 214,544 | 0 | 214,544 | ||||||||||||||||||||||||
4.07 | 1330 U Street | 100.0% | 4/1/2014 | TTM 3/31/2014 | 190,906 | 53,846 | 137,060 | 0 | 137,060 | Actual 2013 | 136,542 | 49,749 | 86,793 | 0 | 86,793 | ||||||||||||||||||||||||
4.08 | 100 King Street | 100.0% | 4/1/2014 | TTM 3/31/2014 | 240,920 | 64,632 | 176,288 | 0 | 176,288 | Actual 2013 | 345,392 | 74,064 | 271,328 | 0 | 271,328 | ||||||||||||||||||||||||
4.09 | 301 Pennsylvania Avenue | 100.0% | 4/1/2014 | TTM 3/31/2014 | 136,536 | 36,347 | 100,189 | 0 | 100,189 | Actual 2013 | 161,172 | 37,459 | 123,713 | 0 | 123,713 | ||||||||||||||||||||||||
4.10 | 705 6th Street | 100.0% | 4/1/2014 | TTM 3/31/2014 | 213,307 | 70,009 | 143,298 | 0 | 143,298 | Actual 2013 | 164,838 | 67,029 | 97,809 | 0 | 97,809 | ||||||||||||||||||||||||
4.11 | 3343 Prospect Street | 100.0% | 4/1/2014 | TTM 3/31/2014 | 90,258 | 32,102 | 58,156 | 0 | 58,156 | Actual 2013 | 96,167 | 32,708 | 63,459 | 0 | 63,459 | ||||||||||||||||||||||||
4.12 | 856 Rockville Pike | 100.0% | 4/1/2014 | TTM 3/31/2014 | 199,321 | 34,772 | 164,549 | 0 | 164,549 | Actual 2013 | 200,732 | 32,815 | 167,917 | 0 | 167,917 | ||||||||||||||||||||||||
4.13 | 106 N. Washington Street | 100.0% | 4/1/2014 | TTM 3/31/2014 | 153,309 | 35,147 | 118,162 | 0 | 118,162 | Actual 2013 | 159,812 | 31,535 | 128,277 | 0 | 128,277 | ||||||||||||||||||||||||
4.14 | 438 Massachusetts Avenue | 100.0% | 4/1/2014 | TTM 3/31/2014 | 94,557 | 30,273 | 64,284 | 0 | 64,284 | Actual 2013 | 99,010 | 30,669 | 68,341 | 0 | 68,341 | ||||||||||||||||||||||||
4.15 | 1726 20th Street | 100.0% | 4/1/2014 | TTM 3/31/2014 | 116,044 | 41,086 | 74,958 | 0 | 74,958 | Actual 2013 | 116,972 | 43,433 | 73,539 | 0 | 73,539 | ||||||||||||||||||||||||
5 | Centennial Center & Two Century Center | 84.8% | 7/25/2014 | Annualized 10 7/31/2014 | 7,260,269 | 4,899,635 | 2,360,634 | 0 | 2,360,634 | Actual 2013 | 7,369,581 | 4,726,178 | 2,643,404 | 0 | 2,643,404 | ||||||||||||||||||||||||
5.01 | Centennial Center | 81.7% | 7/25/2014 | Annualized 10 7/31/2014 | 3,771,626 | 2,666,174 | 1,105,452 | 0 | 1,105,452 | Actual 2013 | 4,445,819 | 2,597,640 | 1,848,179 | 0 | 1,848,179 | ||||||||||||||||||||||||
5.02 | Two Century Tower | 88.6% | 7/25/2014 | Annualized 10 7/31/2014 | 3,488,643 | 2,233,460 | 1,255,182 | 0 | 1,255,182 | Actual 2013 | 2,923,763 | 2,128,538 | 795,225 | 0 | 795,225 | ||||||||||||||||||||||||
6 | 677 Broadway | 96.2% | 8/11/2014 | TTM 6/30/2014 | 4,572,838 | 1,845,160 | 2,727,678 | 0 | 2,727,678 | Actual 2013 | 4,329,180 | 1,904,881 | 2,424,299 | 0 | 2,424,299 | ||||||||||||||||||||||||
7 | Homewood Suites - New Orleans | 73.8% | 6/30/2014 | 172 | 127 | TTM 6/30/2014 | 8,067,599 | 4,431,529 | 3,636,070 | 0 | 3,636,070 | 172 | 127 | Actual 2013 | 8,368,799 | 4,543,606 | 3,825,193 | 0 | 3,825,193 | ||||||||||||||||||||
8 | Culver City Office Portfolio | 100.0% | 9/4/2014 | TTM 6/30/2014 | 3,586,692 | 1,077,607 | 2,509,085 | 0 | 2,509,085 | Actual 2013 | 3,121,266 | 1,090,262 | 2,031,003 | 0 | 2,031,003 | ||||||||||||||||||||||||
9 | Slatten Ranch Shopping Center | 100.0% | 6/30/2014 | TTM 4/30/2014 | 3,592,569 | 1,037,528 | 2,555,041 | 0 | 2,555,041 | Actual 2013 | 3,603,392 | 1,060,985 | 2,542,407 | 0 | 2,542,407 | ||||||||||||||||||||||||
10 | Simi Valley Shopping Center | 95.1% | 8/31/2014 | TTM 06/30/2014 | 3,550,220 | 907,444 | 2,642,776 | 0 | 2,642,776 | Actual 2013 | 3,787,592 | 843,169 | 2,944,424 | 0 | 2,944,424 | ||||||||||||||||||||||||
11 | Stratford at Hillcrest | 97.3% | 7/28/2014 | TTM 6/30/2014 | 2,897,843 | 1,239,246 | 1,658,597 | 0 | 1,658,597 | Actual 2013 | 2,838,222 | 1,224,779 | 1,613,443 | 0 | 1,613,443 | ||||||||||||||||||||||||
12 | Marriott Bakersfield | 80.4% | 6/30/2014 | 93 | 75 | TTM 6/30/2014 | 11,177,596 | 8,628,482 | 2,549,114 | 0 | 2,549,114 | 93 | 75 | Actual 2013 | 10,717,356 | 8,405,972 | 2,311,384 | 0 | 2,311,384 | ||||||||||||||||||||
13 | Pomona Ranch Plaza | 100.0% | 9/1/2014 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||||||||||||
14 | Courtyard by Marriott - Orlando | 70.9% | 5/31/2014 | 118 | 84 | TTM 5/31/2014 | 7,204,207 | 5,240,132 | 1,964,075 | 0 | 1,964,075 | 118 | 84 | Actual 2013 | 6,933,867 | 5,077,068 | 1,856,799 | 0 | 1,856,799 | ||||||||||||||||||||
15 | The Shops at Starwood | 93.6% | 8/14/2014 | TTM 6/30/2014 | 2,017,306 | 644,047 | 1,373,259 | 0 | 1,373,259 | Actual 2013 | 2,072,713 | 641,848 | 1,430,864 | 0 | 1,430,864 | ||||||||||||||||||||||||
16 | The Shops at Pecos Ranch | 94.0% | 8/14/2014 | TTM 6/30/2014 | 1,869,561 | 487,348 | 1,382,213 | 0 | 1,382,213 | Actual 2013 | 1,902,293 | 463,427 | 1,438,866 | 0 | 1,438,866 | ||||||||||||||||||||||||
17 | Main Street & South Park | 95.0% | Various | TTM 6/30/2014 | 1,938,993 | 708,062 | 1,230,931 | 0 | 1,230,931 | Actual 2013 | 1,985,423 | 591,558 | 1,393,865 | 0 | 1,393,865 | ||||||||||||||||||||||||
17.01 | South Park | 93.1% | 7/31/2014 | TTM 6/30/2014 | 998,915 | 365,109 | 633,806 | 0 | 633,806 | Actual 2013 | 1,057,507 | 334,848 | 722,659 | 0 | 722,659 | ||||||||||||||||||||||||
17.02 | Main Street | 100.0% | 3/31/2014 | TTM 6/30/2014 | 940,078 | 342,953 | 597,125 | 0 | 597,125 | Actual 2013 | 927,916 | 342,855 | 585,061 | 0 | 585,061 | ||||||||||||||||||||||||
18 | Schlumberger Office | 100.0% | 6/5/2014 | Annualized 5/31/2014 | 2,878,997 | 1,171,648 | 1,707,349 | 0 | 1,707,349 | Actual 2013 | 2,867,999 | 1,176,367 | 1,691,632 | 0 | 1,691,632 | ||||||||||||||||||||||||
19 | All Storage Hwy 66 | 93.5% | 7/11/2014 | TTM 6/30/2014 | 1,398,244 | 353,877 | 1,044,367 | 0 | 1,044,367 | Actual 2013 | 1,354,926 | 372,966 | 981,960 | 0 | 981,960 | ||||||||||||||||||||||||
20 | Corridors Deer Valley | 86.0% | 8/12/2014 | Annualized 6 6/30/2014 | 1,816,148 | 856,774 | 959,374 | 0 | 959,374 | Actual 2013 | 1,621,914 | 1,002,923 | 618,991 | 0 | 618,991 | ||||||||||||||||||||||||
21 | BJ’s Wholesale Club - Jacksonville | 100.0% | 9/1/2014 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||||||||||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | 63.2% | 3/31/2014 | 76 | 47 | TTM 3/31/2014 | 4,493,263 | 2,798,160 | 1,695,103 | 0 | 1,695,103 | 81 | 51 | Actual 2013 | 4,519,316 | 3,063,073 | 1,456,243 | 167,009 | 1,289,234 | ||||||||||||||||||||
22.01 | Fairfield Inn - Madison Heights | 74.2% | 3/31/2014 | 77 | 55 | TTM 3/31/2014 | 2,606,287 | 1,556,308 | 1,049,979 | 0 | 1,049,979 | 80 | 59 | Actual 2013 | 2,649,124 | 1,787,362 | 861,762 | 96,429 | 765,333 | ||||||||||||||||||||
22.02 | Holiday Inn Express - Flint | 52.1% | 3/31/2014 | 75 | 40 | TTM 3/31/2014 | 1,886,975 | 1,241,851 | 645,124 | 0 | 645,124 | 82 | 43 | Actual 2013 | 1,870,192 | 1,275,711 | 594,481 | 70,580 | 523,901 | ||||||||||||||||||||
23 | Gateway Plaza | 97.3% | 6/30/2014 | TTM 5/31/2014 | 1,000,545 | 499,723 | 500,822 | 0 | 500,822 | Actual 2013 | 1,315,160 | 592,823 | 722,337 | 0 | 722,337 | ||||||||||||||||||||||||
24 | Promenade Merced | 96.3% | 7/28/2014 | TTM 5/31/2014 | 1,266,500 | 383,149 | 883,351 | 0 | 883,351 | Actual 2013 | 1,235,109 | 390,464 | 844,645 | 0 | 844,645 | ||||||||||||||||||||||||
25 | Victory Village | 90.1% | 6/30/2014 | TTM 6/30/2014 | 1,104,389 | 335,103 | 769,286 | 0 | 769,286 | Actual 2013 | 1,097,365 | 315,943 | 781,422 | 0 | 781,422 | ||||||||||||||||||||||||
26 | Hampton Inn & Suites Lenox | 78.1% | 6/30/2014 | 156 | 117 | TTM 6/30/2014 | 3,561,878 | 2,194,931 | 1,366,947 | 0 | 1,366,947 | 156 | 122 | Actual 2013 | 3,422,774 | 2,105,309 | 1,317,465 | 0 | 1,317,465 | ||||||||||||||||||||
27 | East Forest Plaza II | 100.0% | 7/9/2014 | TTM 4/30/2014 | 1,349,822 | 408,115 | 941,707 | 0 | 941,707 | Actual 2013 | 1,340,858 | 403,157 | 937,701 | 0 | 937,701 | ||||||||||||||||||||||||
28 | San Rafael Self Storage | 95.0% | 7/7/2014 | TTM 3/31/2014 | 1,200,475 | 329,385 | 871,090 | 0 | 871,090 | Actual 2013 | 1,163,267 | 324,574 | 838,693 | 0 | 838,693 | ||||||||||||||||||||||||
29 | All Storage Mustang Mini | 86.9% | 7/11/2014 | TTM 6/30/2014 | 1,065,735 | 326,902 | 738,833 | 0 | 738,833 | Actual 2013 | 1,011,730 | 336,938 | 674,792 | 0 | 674,792 | ||||||||||||||||||||||||
30 | Marley Park Plaza | 93.9% | 8/12/2014 | TTM 6/30/2014 | 741,379 | 397,421 | 343,958 | 0 | 343,958 | Actual 2013 | 725,778 | 412,821 | 312,957 | 0 | 312,957 | ||||||||||||||||||||||||
31 | English Oaks Apartments | 99.1% | 7/15/2014 | TTM 7/31/2014 | 1,523,219 | 866,000 | 657,219 | 0 | 657,219 | NAV | NAV | NAV | NAV | 0 | NAV | ||||||||||||||||||||||||
32 | WMA Shadow Portfolio | 100.0% | Various | Actual 2013 | 1,148,757 | 268,631 | 880,126 | 0 | 880,126 | Actual 2012 | 1,057,091 | 319,463 | 737,627 | 0 | 737,627 | ||||||||||||||||||||||||
32.01 | Spring Lake Town Center | 100.0% | 6/10/2014 | Actual 2013 | 487,403 | 102,023 | 385,381 | 0 | 385,381 | Actual 2012 | 445,352 | 103,853 | 341,498 | 0 | 341,498 | ||||||||||||||||||||||||
32.02 | Metro Junction | 100.0% | 6/25/2014 | Actual 2013 | 341,186 | 100,808 | 240,378 | 0 | 240,378 | Actual 2012 | 290,410 | 145,938 | 144,472 | 0 | 144,472 | ||||||||||||||||||||||||
32.03 | Center Stage at Winder | 100.0% | 8/1/2014 | Actual 2013 | 320,168 | 65,800 | 254,368 | 0 | 254,368 | Actual 2012 | 321,329 | 69,672 | 251,656 | 0 | 251,656 |
WFRBS Commercial Mortgage Trust 2014-C23 | |||||||||||||||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||||||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Occupancy Rate(2)(13)(16) | Occupancy as-of Date(13) | U/W Hotel ADR | U/W Hotel RevPAR | Most Recent Period(14) | Most Recent Revenues ($)(14) | Most Recent Expenses ($)(14) | Most Recent NOI ($)(14) | Most Recent Capital Expenditures ($) (14) | Most Recent NCF ($)(14) | Most Recent Hotel ADR | Most Recent Hotel RevPAR | Second Most Recent Period(14) | Second Most Recent Revenues ($)(14) | Second Most Recent Expenses ($)(14) | Second Most Recent NOI ($)(14) | Second Most Recent Capital Expenditures ($)(14) | Second Most Recent NCF ($)(14) | ||||||||||||||||||||
33 | Larchmont Village Plaza | 100.0% | 6/30/2014 | TTM 5/31/2014 | 1,085,689 | 181,289 | 904,400 | 0 | 904,400 | Actual 2013 | 1,039,262 | 181,668 | 857,594 | 0 | 857,594 | ||||||||||||||||||||||||
34 | Jordan Hospital Medical Office | 100.0% | 9/1/2014 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||||||||||||
35 | Shiloh Business Park | 100.0% | 8/14/2014 | TTM 6/30/2014 | 725,463 | 139,840 | 585,623 | 0 | 585,623 | Actual 2013 | 639,049 | 65,445 | 573,604 | 0 | 573,604 | ||||||||||||||||||||||||
36 | Temescal Storage Center | 91.5% | 7/21/2014 | TTM 5/30/2014 | 1,110,572 | 433,659 | 676,913 | 0 | 676,913 | Actual 2013 | 1,078,717 | 392,985 | 685,733 | 0 | 685,733 | ||||||||||||||||||||||||
37 | Storage Choice Sugar Land | 88.2% | 5/29/2014 | TTM 7/31/2014 | 941,478 | 348,379 | 593,099 | 0 | 593,099 | Actual 2013 | 944,754 | 361,534 | 583,220 | 0 | 583,220 | ||||||||||||||||||||||||
38 | Chateau Villa Corp. | 95.0% | 7/10/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
39 | Storage Choice Pearland | 91.0% | 5/29/2014 | TTM 7/31/2014 | 888,801 | 291,382 | 597,420 | 0 | 597,420 | Actual 2013 | 864,811 | 289,771 | 575,040 | 0 | 575,040 | ||||||||||||||||||||||||
40 | Country Life MHP | 84.4% | 7/31/2014 | TTM 6/30/2014 | 1,631,954 | 818,831 | 813,123 | 0 | 813,123 | Actual 2013 | 1,611,660 | 803,286 | 808,374 | 0 | 808,374 | ||||||||||||||||||||||||
41 | Western Square Shopping Center | 90.4% | 7/16/2014 | TTM 6/30/2014 | 740,292 | 168,698 | 571,594 | 0 | 571,594 | Actual 2013 | 732,833 | 169,265 | 563,568 | 0 | 563,568 | ||||||||||||||||||||||||
42 | La Quinta - Lexington | 82.8% | 6/30/2014 | 73 | 58 | TTM 6/30/2014 | 1,591,751 | 1,018,164 | 573,587 | 63,670 | 509,917 | 73 | 60 | Actual 2013 | 1,554,117 | 969,731 | 584,386 | 62,165 | 522,221 | ||||||||||||||||||||
43 | Brittany Estates | 91.2% | 7/31/2014 | TTM 6/30/2014 | 698,931 | 350,298 | 348,633 | 0 | 348,633 | Actual 2013 | 662,107 | 344,363 | 317,744 | 0 | 317,744 | ||||||||||||||||||||||||
44 | All Storage Mustang SC | 96.5% | 8/27/2014 | TTM 6/30/2014 | 669,390 | 177,707 | 491,683 | 0 | 491,683 | Actual 2013 | 649,866 | 187,881 | 461,985 | 0 | 461,985 | ||||||||||||||||||||||||
45 | StorQuest - Hollywood | 81.4% | 5/31/2014 | TTM 4/30/2014 | 668,549 | 299,573 | 368,976 | 0 | 368,976 | Actual 2013 | 661,598 | 290,154 | 371,444 | 0 | 371,444 | ||||||||||||||||||||||||
46 | DAK Equities Corp. | 95.0% | 6/19/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
47 | Comfort Suites - Wilmington | 58.3% | 7/31/2014 | 83 | 48 | TTM 7/31/2014 | 1,334,729 | 738,511 | 596,218 | 0 | 596,218 | 83 | 48 | Actual 2013 | 1,232,883 | 710,525 | 522,358 | 0 | 522,358 | ||||||||||||||||||||
48 | Storage Depot - Regal Row | 92.5% | 7/22/2014 | TTM 6/30/2014 | 507,750 | 145,913 | 361,837 | 0 | 361,837 | Actual 2013 | 463,727 | 139,983 | 323,744 | 0 | 323,744 | ||||||||||||||||||||||||
49 | Big Bend Storage | 87.9% | 6/18/2014 | Actual 2013 | 655,695 | 190,526 | 465,170 | 0 | 465,170 | Actual 2012 | 587,488 | 197,055 | 390,432 | 0 | 390,432 | ||||||||||||||||||||||||
50 | Mark Twain Owners’ Corp. | 95.0% | 6/6/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
51 | Town Lakes Self Storage | 93.3% | 8/6/2014 | TTM 7/31/2014 | 489,165 | 115,532 | 373,633 | 0 | 373,633 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||||||||||||
52 | Renaissance Park I | 100.0% | 8/1/2014 | TTM 5/31/2014 | 684,173 | 237,229 | 446,944 | 0 | 446,944 | Actual 2013 | 674,213 | 230,539 | 443,674 | 0 | 443,674 | ||||||||||||||||||||||||
53 | Hidden Meadows, Inc. | 95.0% | 6/8/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
54 | Storage Choice Stafford | 84.5% | 5/29/2014 | TTM 7/31/2014 | 677,028 | 331,513 | 345,515 | 0 | 345,515 | Actual 2013 | 659,879 | 323,547 | 336,332 | 0 | 336,332 | ||||||||||||||||||||||||
55 | Walgreens - Albuquerque | 100.0% | 9/1/2014 | Actual 2013 | 359,774 | 0 | 359,774 | 0 | 359,774 | Actual 2012 | 359,774 | 0 | 359,774 | 0 | 359,774 | ||||||||||||||||||||||||
56 | Kingsgate Village Apartments | 100.0% | 7/1/2014 | Annualized 5 3/31/2014 | 616,586 | 204,521 | 412,066 | 0 | 412,066 | Actual 2013 | 606,673 | 270,994 | 335,679 | 0 | 335,679 | ||||||||||||||||||||||||
57 | StorQuest - Kalihi | 93.0% | 7/20/2014 | Annualized 10 6/30/2014 | 571,328 | 283,410 | 287,917 | 0 | 287,917 | Actual 2013 | 560,040 | 312,779 | 247,261 | 0 | 247,261 | ||||||||||||||||||||||||
58 | Statewide Self Storage | 100.0% | 6/19/2014 | TTM 5/31/2014 | 771,767 | 297,662 | 474,105 | 0 | 474,105 | Actual 2013 | 780,262 | 308,103 | 472,159 | 0 | 472,159 | ||||||||||||||||||||||||
59 | Storage Depot - Huebner Commons | 78.6% | 7/22/2014 | TTM 6/30/2014 | 436,835 | 168,063 | 268,772 | 0 | 268,772 | Actual 2013 | 422,836 | 172,279 | 250,557 | 0 | 250,557 | ||||||||||||||||||||||||
60 | Storage Choice Clear Lake | 87.1% | 5/29/2014 | TTM 7/31/2014 | 549,621 | 248,466 | 301,155 | 0 | 301,155 | Actual 2013 | 550,746 | 263,255 | 287,491 | 0 | 287,491 | ||||||||||||||||||||||||
61 | Saratoga Storage | 92.7% | 5/31/2014 | TTM 6/30/2014 | 465,261 | 184,911 | 280,350 | 0 | 280,350 | Actual 2013 | 451,645 | 187,110 | 264,535 | 0 | 264,535 | ||||||||||||||||||||||||
62 | Storage Depot - McAllen | 99.1% | 7/22/2014 | TTM 6/30/2014 | 395,588 | 122,954 | 272,634 | 0 | 272,634 | Actual 2013 | 387,971 | 119,450 | 268,521 | 0 | 268,521 | ||||||||||||||||||||||||
63 | Locust Street Owners Inc. | 95.0% | 5/21/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
64 | Bridge Road Storage | 93.6% | 6/18/2014 | Actual 2013 | 421,765 | 166,781 | 254,984 | 0 | 254,984 | Actual 2012 | 415,474 | 188,849 | 226,625 | 0 | 226,625 | ||||||||||||||||||||||||
65 | Midtown Manor Apartments, Ltd. | 95.0% | 6/26/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
66 | Cedar River Estates MHC | 96.6% | 7/24/2014 | TTM 6/30/2014 | 480,637 | 255,568 | 225,069 | 0 | 225,069 | Actual 2013 | 478,388 | 227,243 | 251,145 | 0 | 251,145 | ||||||||||||||||||||||||
67 | Elmhurst House, Inc. | 95.0% | 5/29/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
68 | 270 King Street | 100.0% | 7/1/2014 | TTM 6/30/2014 | 256,897 | 58,723 | 198,173 | 0 | 198,173 | Annualized 9 12/31/2013 | 261,554 | 78,713 | 182,841 | 0 | 182,841 | ||||||||||||||||||||||||
69 | Storage Depot - Highway 77 | 89.8% | 7/22/2014 | TTM 6/30/2014 | 322,472 | 102,222 | 220,250 | 0 | 220,250 | Actual 2013 | 299,460 | 95,481 | 203,979 | 0 | 203,979 | ||||||||||||||||||||||||
70 | 130 E. 94th Apartments Corp. | 95.0% | 6/26/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
71 | 95 Sedgwick Owners Corp. | 95.0% | 7/8/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
72 | Extra Space Palm Springs | 76.8% | 7/31/2014 | TTM 6/30/2014 | 410,104 | 194,207 | 215,897 | 0 | 215,897 | Actual 2013 | 383,745 | 179,868 | 203,877 | 0 | 203,877 | ||||||||||||||||||||||||
73 | 2640 Marion Avenue Owners, Inc. | 95.0% | 7/22/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
74 | Bedford Square Apartments | 97.9% | 7/7/2014 | TTM 6/30/2014 | 422,554 | 192,453 | 230,101 | 0 | 230,101 | Actual 2013 | 424,429 | 210,922 | 213,507 | 0 | 213,507 | ||||||||||||||||||||||||
75 | Kentwood MHC | 79.4% | 7/12/2014 | TTM 6/30/2014 | 447,726 | 185,892 | 261,835 | 0 | 261,835 | Actual 2013 | 441,319 | 229,290 | 212,029 | 0 | 212,029 | ||||||||||||||||||||||||
76 | Shops on Veterans | 100.0% | 6/3/2014 | Annualized 6 6/30/2014 | 584,157 | 300,468 | 283,689 | 0 | 283,689 | Actual 2013 | 578,696 | 294,732 | 283,964 | 0 | 283,964 | ||||||||||||||||||||||||
77 | Groff Studios Corp. | 95.0% | 6/6/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
78 | 828 Fifth Avenue Owners Corp. | 95.0% | 7/18/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
79 | Samuell Self Storage | 88.0% | 7/31/2014 | TTM 7/31/2014 | 356,161 | 170,047 | 186,114 | 0 | 186,114 | Actual 2013 | 331,615 | 171,381 | 160,233 | 0 | 160,233 | ||||||||||||||||||||||||
80 | Clark Street Tenants Incorporated | 95.0% | 7/29/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
81 | 61 Irving Place Corporation | 94.9% | 6/27/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
82 | 444 East 87th Street Owners Corp. | 95.0% | 7/28/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
83 | Longhorn Self Storage | 94.1% | 7/31/2014 | TTM 7/31/2014 | 352,927 | 182,688 | 170,239 | 0 | 170,239 | Actual 2013 | 347,080 | 171,116 | 175,964 | 0 | 175,964 | ||||||||||||||||||||||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | 94.7% | 6/13/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
85 | Cheney Center | 100.0% | 7/1/2014 | Annualized 7 7/31/2014 | 296,261 | 97,810 | 198,451 | 0 | 198,451 | Actual 2013 | 264,598 | 108,784 | 155,814 | 0 | 155,814 | ||||||||||||||||||||||||
86 | 323 West 83rd Owners Corp. | 95.0% | 7/16/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
87 | Gibbons Commons Apartments | 100.0% | 7/2/2014 | TTM 5/31/2014 | 486,214 | 264,079 | 222,135 | 0 | 222,135 | Actual 2013 | 475,914 | 263,240 | 212,674 | 0 | 212,674 | ||||||||||||||||||||||||
88 | Dollar General - Ocoee | 100.0% | 9/1/2014 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||||||||||||||||||
89 | Trinity Arms Ltd. | 95.0% | 6/10/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
90 | Garden Lofts Corp. | 95.2% | 7/16/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
91 | Merritt Island MHC | 84.9% | 7/31/2014 | TTM 6/30/2014 | 225,269 | 111,583 | 113,686 | 6,500 | 107,186 | Actual 2013 | 219,868 | 85,792 | 134,076 | 63,577 | 70,499 | ||||||||||||||||||||||||
92 | 256 West 21st Owners Corp. | 95.0% | 5/27/2014 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
WFRBS Commercial Mortgage Trust 2014-C23 | |||||||||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Second Most Recent Hotel ADR | Second Most Recent Hotel RevPAR | Third Most Recent Period(14) | Third Most Recent Revenues ($)(14) | Third Most Recent Expenses ($)(14) | Third Most Recent NOI ($)(14) | Third Most Recent Capital Expenditures ($)(14) | Third Most Recent NCF ($)(14) | Third Most Recent Hotel ADR | Third Most Recent Hotel RevPAR | Master Lease (Y/N) | Largest Tenant Name(15)(16)(17) | Largest Tenant Sq. Ft. | Largest Tenant % of NRA | Largest Tenant Exp. Date(15) | |||||||||||||||||
1 | Bank of America Plaza | Actual 2012 | 52,527,192 | 22,919,691 | 29,607,501 | 0 | 29,607,501 | N | Capital Group | 323,554 | 22.6% | 2/28/2018 | |||||||||||||||||||||
2 | Crossings at Corona | Actual 2012 | 18,460,193 | 5,471,353 | 12,988,840 | 0 | 12,988,840 | N | Kohl’s | 87,050 | 10.4% | 1/31/2024 | |||||||||||||||||||||
3 | Columbus Square Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | N | Whole Foods | 62,454 | 12.6% | 8/31/2029 | |||||||||||||||||||||
4 | DC Metro Mixed Use Portfolio | Actual 2012 | 4,712,584 | 1,102,967 | 3,609,617 | 0 | 3,609,617 | N | Various | Various | Various | Various | |||||||||||||||||||||
4.01 | 920-928 Rhode Island Avenue | Actual 2012 | 1,199,787 | 225,357 | 974,430 | 0 | 974,430 | N | District of Columbia- Human Resources | 20,637 | 50.6% | 1/31/2025 | |||||||||||||||||||||
4.02 | 875 N Street | Actual 2012 | 685,420 | 229,200 | 456,220 | 0 | 456,220 | N | HUGE, LLC | 6,850 | 25.0% | 6/1/2017 | |||||||||||||||||||||
4.03 | 119-125 N. Washington Street | Actual 2012 | 407,286 | 150,834 | 256,452 | 0 | 256,452 | N | Circe of Alexandria | 5,752 | 22.3% | 12/31/2020 | |||||||||||||||||||||
4.04 | 2000 S Street | Actual 2012 | 444,542 | 111,901 | 332,641 | 0 | 332,641 | N | Health/HIV | 5,400 | 50.0% | 6/30/2020 | |||||||||||||||||||||
4.05 | 717 6th Street NW | Actual 2012 | 392,281 | 56,232 | 336,049 | 0 | 336,049 | N | ROOFTOPDC, LLC | 7,650 | 100.0% | 8/1/2024 | |||||||||||||||||||||
4.06 | 700 King Street | Actual 2012 | 257,054 | 44,167 | 212,887 | 0 | 212,887 | N | Lululemon USA, Inc. | 3,450 | 75.3% | 9/30/2019 | |||||||||||||||||||||
4.07 | 1330 U Street | Actual 2012 | 215,824 | 43,811 | 172,013 | 0 | 172,013 | N | Community IT Innovators, Inc. | 4,200 | 55.5% | 10/31/2014 | |||||||||||||||||||||
4.08 | 100 King Street | Actual 2012 | 403,979 | 59,197 | 344,782 | 0 | 344,782 | N | Carluccio’s | 6,482 | 100.0% | 1/31/2026 | |||||||||||||||||||||
4.09 | 301 Pennsylvania Avenue | Actual 2012 | 156,137 | 35,753 | 120,384 | 0 | 120,384 | N | Pret A Manger Building | 4,300 | 100.0% | 5/31/2024 | |||||||||||||||||||||
4.10 | 705 6th Street | NAV | NAV | NAV | NAV | NAV | NAV | N | Daikaya, LLC | 4,200 | 100.0% | 3/31/2023 | |||||||||||||||||||||
4.11 | 3343 Prospect Street | Actual 2012 | 103,054 | 27,088 | 75,966 | 0 | 75,966 | N | Down Dog Power Yoga | 2,587 | 77.5% | 4/30/2024 | |||||||||||||||||||||
4.12 | 856 Rockville Pike | Actual 2012 | 140,267 | 21,031 | 119,236 | 0 | 119,236 | N | Mattress Discounters Operations, LLC | 4,795 | 100.0% | 11/30/2017 | |||||||||||||||||||||
4.13 | 106 N. Washington Street | Actual 2012 | 129,791 | 23,722 | 106,069 | 0 | 106,069 | N | BGR Old Town, LLC | 2,143 | 54.5% | 8/31/2019 | |||||||||||||||||||||
4.14 | 438 Massachusetts Avenue | Actual 2012 | 64,905 | 28,000 | 36,905 | 0 | 36,905 | N | Engine 6, LLC | 3,619 | 100.0% | 1/31/2022 | |||||||||||||||||||||
4.15 | 1726 20th Street | Actual 2012 | 112,257 | 46,674 | 65,583 | 0 | 65,583 | N | Jahia, Inc. | 1,501 | 49.9% | 9/30/2017 | |||||||||||||||||||||
5 | Centennial Center & Two Century Center | Actual 2012 | 9,000,197 | 6,023,065 | 2,977,132 | 0 | 2,977,132 | N | Various | Various | Various | Various | |||||||||||||||||||||
5.01 | Centennial Center | Actual 2012 | 4,746,286 | 3,567,678 | 1,178,607 | 0 | 1,178,607 | N | United Health Care Service | 41,593 | 15.3% | 2/28/2018 | |||||||||||||||||||||
5.02 | Two Century Tower | Actual 2012 | 4,253,911 | 2,455,387 | 1,798,525 | 0 | 1,798,525 | N | Audio Visual Services Group | 41,850 | 18.9% | 6/30/2015 | |||||||||||||||||||||
6 | 677 Broadway | Actual 2012 | 4,244,967 | 2,071,477 | 2,173,490 | 0 | 2,173,490 | N | Wilson, Elser (WEMED) | 31,283 | 17.7% | 1/31/2021 | |||||||||||||||||||||
7 | Homewood Suites - New Orleans | 169 | 131 | Actual 2012 | 8,316,687 | 4,449,293 | 3,867,394 | 0 | 3,867,394 | 153 | 129 | N | |||||||||||||||||||||
8 | Culver City Office Portfolio | Actual 2012 | 2,424,067 | 912,586 | 1,511,481 | 0 | 1,511,481 | N | Blur Studios | 24,384 | 25.9% | 10/31/2023 | |||||||||||||||||||||
9 | Slatten Ranch Shopping Center | Actual 2012 | 3,607,664 | 1,040,281 | 2,567,383 | 0 | 2,567,383 | N | Bed Bath & Beyond | 27,000 | 22.8% | 1/31/2024 | |||||||||||||||||||||
10 | Simi Valley Shopping Center | Actual 2012 | 3,261,874 | 660,826 | 2,601,048 | 0 | 2,601,048 | N | Vallarta | 75,040 | 34.3% | 3/31/2031 | |||||||||||||||||||||
11 | Stratford at Hillcrest | Actual 2012 | 2,771,889 | 1,225,457 | 1,546,432 | 0 | 1,546,432 | N | |||||||||||||||||||||||||
12 | Marriott Bakersfield | 89 | 72 | Actual 2012 | 10,054,825 | 8,018,359 | 2,036,466 | 0 | 2,036,466 | 87 | 64 | N | |||||||||||||||||||||
13 | Pomona Ranch Plaza | NAV | NAV | NAV | NAV | NAV | NAV | N | San Gabriel/Pomona Valley | 100,000 | 100.0% | 2/29/2024 | |||||||||||||||||||||
14 | Courtyard by Marriott - Orlando | 117 | 82 | Actual 2012 | 5,975,937 | 4,551,745 | 1,424,192 | 0 | 1,424,192 | 110 | 70 | N | |||||||||||||||||||||
15 | The Shops at Starwood | Actual 2012 | 2,035,276 | 675,209 | 1,360,067 | 0 | 1,360,067 | N | Century21 | 5,408 | 9.8% | 12/31/2019 | |||||||||||||||||||||
16 | The Shops at Pecos Ranch | Actual 2012 | 1,391,651 | 421,540 | 970,111 | 0 | 970,111 | N | The Final LLC | 16,133 | 20.5% | 6/30/2015 | |||||||||||||||||||||
17 | Main Street & South Park | Actual 2012 | 1,829,333 | 500,458 | 1,328,875 | 0 | 1,328,875 | N | Various | Various | Various | Various | |||||||||||||||||||||
17.01 | South Park | Actual 2012 | 1,025,062 | 266,847 | 758,215 | 0 | 758,215 | N | Big Lots | 20,250 | 19.4% | 1/31/2017 | |||||||||||||||||||||
17.02 | Main Street | Actual 2012 | 804,271 | 308,019 | 496,252 | 0 | 496,252 | N | MEPS | 20,342 | 51.7% | 3/31/2019 | |||||||||||||||||||||
18 | Schlumberger Office | Actual 2012 | 2,756,743 | 1,064,775 | 1,691,968 | 0 | 1,691,968 | N | Schlumberger Technology Corporation | 155,324 | 100.0% | 6/30/2017 | |||||||||||||||||||||
19 | All Storage Hwy 66 | Actual 2012 | 1,240,903 | 353,644 | 887,259 | 0 | 887,259 | N | |||||||||||||||||||||||||
20 | Corridors Deer Valley | Actual 2012 | 2,304,319 | 1,013,025 | 1,291,294 | 0 | 1,291,294 | N | State of Arizona | 41,070 | 25.0% | 12/4/2019 | |||||||||||||||||||||
21 | BJ’s Wholesale Club - Jacksonville | NAV | NAV | NAV | NAV | NAV | NAV | N | BJ’s Wholesale Club, Inc. | 119,598 | 100.0% | 1/28/2026 | |||||||||||||||||||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | 76 | 51 | Actual 2012 | 3,898,861 | 2,699,651 | 1,199,210 | 0 | 1,199,210 | 75 | 44 | N | |||||||||||||||||||||
22.01 | Fairfield Inn - Madison Heights | 78 | 60 | Actual 2012 | 2,255,062 | 1,602,116 | 652,946 | 0 | 652,946 | 72 | 51 | N | |||||||||||||||||||||
22.02 | Holiday Inn Express - Flint | 74 | 42 | Actual 2012 | 1,643,798 | 1,097,535 | 546,263 | 0 | 546,263 | 80 | 37 | N | |||||||||||||||||||||
23 | Gateway Plaza | Actual 2012 | 1,525,875 | 642,619 | 883,256 | 0 | 883,256 | N | Burlington Coat Factory | 80,000 | 57.8% | 2/28/2025 | |||||||||||||||||||||
24 | Promenade Merced | Actual 2012 | 1,176,081 | 375,154 | 800,927 | 0 | 800,927 | N | UC Merced | 17,812 | 31.7% | 6/30/2018 | |||||||||||||||||||||
25 | Victory Village | Actual 2012 | 1,032,228 | 326,513 | 705,715 | 0 | 705,715 | N | Publix | 45,600 | 64.0% | 9/30/2027 | |||||||||||||||||||||
26 | Hampton Inn & Suites Lenox | 156 | 117 | Actual 2012 | 3,389,456 | 2,057,351 | 1,332,105 | 0 | 1,332,105 | 153 | 116 | N | |||||||||||||||||||||
27 | East Forest Plaza II | Actual 2012 | 1,332,503 | 386,363 | 946,140 | 0 | 946,140 | N | Hobby Lobby | 60,000 | 55.0% | 10/31/2019 | |||||||||||||||||||||
28 | San Rafael Self Storage | Actual 2012 | 1,043,195 | 299,243 | 743,952 | 0 | 743,952 | N | |||||||||||||||||||||||||
29 | All Storage Mustang Mini | Actual 2012 | 927,439 | 328,284 | 599,155 | 0 | 599,155 | N | |||||||||||||||||||||||||
30 | Marley Park Plaza | Actual 2012 | 495,923 | 434,051 | 61,872 | 0 | 61,872 | N | Bashas’ | 49,212 | 63.5% | 2/1/2028 | |||||||||||||||||||||
31 | English Oaks Apartments | NAV | NAV | NAV | NAV | 0 | NAV | N | |||||||||||||||||||||||||
32 | WMA Shadow Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | N | Various | Various | Various | Various | |||||||||||||||||||||
32.01 | Spring Lake Town Center | NAV | NAV | NAV | NAV | NAV | NAV | N | Dollar Tree | 10,000 | 33.6% | 4/30/2019 | |||||||||||||||||||||
32.02 | Metro Junction | NAV | NAV | NAV | NAV | NAV | NAV | N | Rent-A-Center East, Inc. | 6,000 | 25.0% | 6/30/2017 | |||||||||||||||||||||
32.03 | Center Stage at Winder | NAV | NAV | NAV | NAV | NAV | NAV | N | Meat Man | 3,080 | 21.1% | 8/31/2015 |
WFRBS Commercial Mortgage Trust 2014-C23 | |||||||||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Second Most Recent Hotel ADR | Second Most Recent Hotel RevPAR | Third Most Recent Period(14) | Third Most Recent Revenues ($)(14) | Third Most Recent Expenses ($)(14) | Third Most Recent NOI ($)(14) | Third Most Recent Capital Expenditures ($)(14) | Third Most Recent NCF ($)(14) | Third Most Recent Hotel ADR | Third Most Recent Hotel RevPAR | Master Lease (Y/N) | Largest Tenant Name(15)(16)(17) | Largest Tenant Sq. Ft. | Largest Tenant % of NRA | Largest Tenant Exp. Date(15) | |||||||||||||||||
33 | Larchmont Village Plaza | Actual 2012 | 986,677 | 171,303 | 815,374 | 0 | 815,374 | N | Rite Aid Corporation | 9,930 | 60.9% | 4/30/2029 | |||||||||||||||||||||
34 | Jordan Hospital Medical Office | NAV | NAV | NAV | NAV | NAV | NAV | N | Jordan Physician Associates, Inc. | 30,803 | 100.0% | 2/28/2029 | |||||||||||||||||||||
35 | Shiloh Business Park | Actual 2012 | 734,633 | 130,331 | 604,302 | 0 | 604,302 | N | Revive Drinks | 8,780 | 13.6% | 12/31/2017 | |||||||||||||||||||||
36 | Temescal Storage Center | Actual 2012 | 1,046,828 | 462,859 | 583,969 | 0 | 583,969 | N | |||||||||||||||||||||||||
37 | Storage Choice Sugar Land | Actual 2012 | 913,201 | 359,446 | 553,755 | 0 | 553,755 | N | |||||||||||||||||||||||||
38 | Chateau Villa Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
39 | Storage Choice Pearland | Actual 2012 | 781,171 | 297,279 | 483,892 | 0 | 483,892 | N | |||||||||||||||||||||||||
40 | Country Life MHP | Actual 2012 | 1,533,876 | 793,687 | 740,189 | 0 | 740,189 | N | |||||||||||||||||||||||||
41 | Western Square Shopping Center | Actual 2012 | 682,524 | 172,287 | 510,237 | 0 | 510,237 | N | Goodwill Industries | 19,008 | 24.3% | 9/30/2017 | |||||||||||||||||||||
42 | La Quinta - Lexington | 71 | 59 | Actual 2012 | 1,357,030 | 864,226 | 492,804 | 54,281 | 438,523 | 68 | 51 | N | |||||||||||||||||||||
43 | Brittany Estates | Actual 2012 | 660,444 | 383,153 | 277,291 | 0 | 277,291 | N | |||||||||||||||||||||||||
44 | All Storage Mustang SC | Actual 2012 | 596,494 | 174,337 | 422,157 | 0 | 422,157 | N | |||||||||||||||||||||||||
45 | StorQuest - Hollywood | Actual 2012 | 585,464 | 270,042 | 315,421 | 0 | 315,421 | N | |||||||||||||||||||||||||
46 | DAK Equities Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
47 | Comfort Suites - Wilmington | 81 | 45 | Actual 2012 | 1,228,632 | 703,110 | 525,522 | 0 | 525,522 | 80 | 45 | N | |||||||||||||||||||||
48 | Storage Depot - Regal Row | Actual 2012 | 346,058 | 93,888 | 252,170 | 0 | 252,170 | N | |||||||||||||||||||||||||
49 | Big Bend Storage | Actual 2011 | 541,083 | 192,794 | 348,289 | 0 | 348,289 | N | |||||||||||||||||||||||||
50 | Mark Twain Owners’ Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
51 | Town Lakes Self Storage | NAV | NAV | NAV | NAV | NAV | NAV | N | |||||||||||||||||||||||||
52 | Renaissance Park I | Actual 2012 | 671,633 | 216,978 | 454,655 | 0 | 454,655 | N | BB&T Insurance | 9,130 | 31.0% | 4/30/2017 | |||||||||||||||||||||
53 | Hidden Meadows, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
54 | Storage Choice Stafford | Actual 2012 | 575,599 | 331,751 | 243,848 | 0 | 243,848 | N | |||||||||||||||||||||||||
55 | Walgreens - Albuquerque | Actual 2011 | 359,774 | 0 | 359,774 | 0 | 359,774 | N | Walgreens Company | 14,560 | 100.0% | 8/31/2079 | |||||||||||||||||||||
56 | Kingsgate Village Apartments | Actual 2012 | 562,788 | 265,689 | 297,099 | 0 | 297,099 | N | |||||||||||||||||||||||||
57 | StorQuest - Kalihi | Actual 2012 | 591,987 | 302,125 | 289,862 | 0 | 289,862 | N | |||||||||||||||||||||||||
58 | Statewide Self Storage | Actual 2012 | 775,405 | 289,614 | 485,791 | 0 | 485,791 | N | |||||||||||||||||||||||||
59 | Storage Depot - Huebner Commons | Actual 2012 | 416,097 | 159,346 | 256,751 | 0 | 256,751 | N | |||||||||||||||||||||||||
60 | Storage Choice Clear Lake | Actual 2012 | 493,529 | 248,142 | 245,387 | 0 | 245,387 | N | |||||||||||||||||||||||||
61 | Saratoga Storage | Actual 2012 | 190,060 | 173,714 | 16,346 | 0 | 16,346 | N | |||||||||||||||||||||||||
62 | Storage Depot - McAllen | Actual 2012 | 376,499 | 114,250 | 262,249 | 0 | 262,249 | N | |||||||||||||||||||||||||
63 | Locust Street Owners Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
64 | Bridge Road Storage | Actual 2011 | 400,370 | 170,210 | 230,160 | 0 | 230,160 | N | |||||||||||||||||||||||||
65 | Midtown Manor Apartments, Ltd. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
66 | Cedar River Estates MHC | Actual 2012 | 475,786 | 221,874 | 253,912 | 0 | 253,912 | N | |||||||||||||||||||||||||
67 | Elmhurst House, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
68 | 270 King Street | NAV | NAV | NAV | NAV | NAV | NAV | N | Rangoni Charleston Corporation | 2,724 | 40.1% | 1/31/2018 | |||||||||||||||||||||
69 | Storage Depot - Highway 77 | Actual 2012 | 235,361 | 88,355 | 147,006 | 0 | 147,006 | N | |||||||||||||||||||||||||
70 | 130 E. 94th Apartments Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
71 | 95 Sedgwick Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
72 | Extra Space Palm Springs | Actual 2012 | 326,236 | 188,871 | 137,365 | 0 | 137,365 | N | |||||||||||||||||||||||||
73 | 2640 Marion Avenue Owners, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
74 | Bedford Square Apartments | Actual 2012 | 404,726 | 210,914 | 193,812 | 0 | 193,812 | N | |||||||||||||||||||||||||
75 | Kentwood MHC | Annualized 9 9/30/2012 | 414,087 | 253,527 | 160,560 | 0 | 160,560 | N | |||||||||||||||||||||||||
76 | Shops on Veterans | Actual 2012 | 562,377 | 300,586 | 261,791 | 0 | 261,791 | N | Verizon Wireless | 6,000 | 41.9% | 10/31/2015 | |||||||||||||||||||||
77 | Groff Studios Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
78 | 828 Fifth Avenue Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
79 | Samuell Self Storage | Actual 2012 | 281,138 | 161,895 | 119,243 | 0 | 119,243 | N | |||||||||||||||||||||||||
80 | Clark Street Tenants Incorporated | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
81 | 61 Irving Place Corporation | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
82 | 444 East 87th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
83 | Longhorn Self Storage | Actual 2012 | 323,828 | 162,526 | 161,302 | 0 | 161,302 | N | |||||||||||||||||||||||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
85 | Cheney Center | Actual 2012 | 256,656 | 92,575 | 164,081 | 0 | 164,081 | N | Comet Cleaners | 2,015 | 17.7% | 6/30/2018 | |||||||||||||||||||||
86 | 323 West 83rd Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
87 | Gibbons Commons Apartments | Actual 2012 | 476,663 | 296,653 | 180,010 | 0 | 180,010 | N | |||||||||||||||||||||||||
88 | Dollar General - Ocoee | NAV | NAV | NAV | NAV | NAV | NAV | N | Dollar General | 12,382 | 100.0% | 4/30/2029 | |||||||||||||||||||||
89 | Trinity Arms Ltd. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
90 | Garden Lofts Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||
91 | Merritt Island MHC | Actual 2012 | 217,907 | 102,441 | 115,466 | 3,100 | 112,366 | N | |||||||||||||||||||||||||
92 | 256 West 21st Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
WFRBS Commercial Mortgage Trust 2014-C23 | |||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||||||||||
Mortgage Loan Number | Property Name | 2nd Largest Tenant Name(15)(16)(17) | 2nd Largest Tenant Sq. Ft. | 2nd Largest Tenant % of NRA | 2nd Largest Tenant Exp. Date(15) | 3rd Largest Tenant Name(16)(17)(28) | 3rd Largest Tenant Sq. Ft.(28) | 3rd Largest Tenant % of NRA | 3rd Largest Tenant Exp. Date | ||||||||||
1 | Bank of America Plaza | Shepard Mullin | 185,927 | 13.0% | 12/31/2024 | Bank of America | 163,512 | 11.4% | 6/30/2022 | ||||||||||
2 | Crossings at Corona | Edward’s Cinemas (Regal) | 80,485 | 9.6% | 11/30/2019 | Toys/Babies R Us | 63,359 | 7.6% | 1/31/2019 | ||||||||||
3 | Columbus Square Portfolio | Mandell Nursery | 55,022 | 11.1% | 6/30/2030 | TJ Maxx | 40,550 | 8.2% | 10/31/2019 | ||||||||||
4 | DC Metro Mixed Use Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | ||||||||||
4.01 | 920-928 Rhode Island Avenue | District of Columbia- Courts | 20,109 | 49.4% | 11/30/2017 | ||||||||||||||
4.02 | 875 N Street | Columbo Bank | 6,042 | 22.1% | 7/31/2019 | ||||||||||||||
4.03 | 119-125 N. Washington Street | Fine’Tique, Inc. | 5,230 | 20.3% | 8/31/2024 | Legal Services of NVA | 1,973 | 7.7% | 9/30/2017 | ||||||||||
4.04 | 2000 S Street | Laogai Research Foundation | 5,400 | 50.0% | 6/30/2020 | ||||||||||||||
4.05 | 717 6th Street NW | ||||||||||||||||||
4.06 | 700 King Street | Tu-Anh Nguyen, LLC | 1,134 | 24.7% | 5/31/2017 | ||||||||||||||
4.07 | 1330 U Street | District Pub Group, LLC | 3,370 | 44.5% | 11/30/2023 | ||||||||||||||
4.08 | 100 King Street | ||||||||||||||||||
4.09 | 301 Pennsylvania Avenue | ||||||||||||||||||
4.10 | 705 6th Street | ||||||||||||||||||
4.11 | 3343 Prospect Street | Youm & K, Inc. | 750 | 22.5% | 5/31/2020 | ||||||||||||||
4.12 | 856 Rockville Pike | ||||||||||||||||||
4.13 | 106 N. Washington Street | Urban Angler, LLC | 1,792 | 45.5% | 6/30/2017 | ||||||||||||||
4.14 | 438 Massachusetts Avenue | ||||||||||||||||||
4.15 | 1726 20th Street | Iron Bean 1215, Inc. | 755 | 25.1% | 12/31/2019 | TAG B Parking, LLC | 755 | 25.1% | 1/31/2017 | ||||||||||
5 | Centennial Center & Two Century Center | Various | Various | Various | Various | Various | Various | Various | Various | ||||||||||
5.01 | Centennial Center | Crawford & Company | 25,637 | 9.4% | 9/30/2022 | Pulte Home Corporation | 24,810 | 9.1% | 12/31/2021 | ||||||||||
5.02 | Two Century Tower | Interactive Health Solutions | 26,582 | 12.0% | 6/30/2023 | Motor Coach Industries | 21,299 | 9.6% | 12/31/2018 | ||||||||||
6 | 677 Broadway | McNamee, Lochner, Titus & Williams | 31,282 | 17.7% | 4/30/2020 | Arthur Gallagher & Co | 15,641 | 8.8% | 4/30/2020 | ||||||||||
7 | Homewood Suites - New Orleans | ||||||||||||||||||
8 | Culver City Office Portfolio | The Tennis Channel | 17,355 | 18.5% | 9/30/2015 | Hornet Animations | 8,660 | 9.2% | 3/31/2018 | ||||||||||
9 | Slatten Ranch Shopping Center | Barnes & Noble | 23,000 | 19.5% | 1/31/2019 | Cost Plus | 17,750 | 15.0% | 1/31/2019 | ||||||||||
10 | Simi Valley Shopping Center | Gold’s Gym | 38,892 | 17.8% | 11/14/2021 | Tristone Cinema Group, LLC | 37,000 | 16.9% | 12/2/2019 | ||||||||||
11 | Stratford at Hillcrest | ||||||||||||||||||
12 | Marriott Bakersfield | ||||||||||||||||||
13 | Pomona Ranch Plaza | ||||||||||||||||||
14 | Courtyard by Marriott - Orlando | ||||||||||||||||||
15 | The Shops at Starwood | Bonnie Ruth’s Café Trottoir et Patisserie | 5,255 | 9.5% | 11/30/2016 | Tupy’s Mexican Food | 4,686 | 8.5% | 8/1/2020 | ||||||||||
16 | The Shops at Pecos Ranch | Mini Skool Early Learning Centers, Inc. | 10,685 | 13.6% | 6/30/2019 | Nando’s of Chandler | 5,760 | 7.3% | 5/31/2022 | ||||||||||
17 | Main Street & South Park | Various | Various | Various | Various | Various | Various | Various | Various | ||||||||||
17.01 | South Park | Citi Trends | 16,500 | 15.8% | 4/30/2019 | Burke’s Outlet Stores | 13,500 | 12.9% | 4/30/2015 | ||||||||||
17.02 | Main Street | Denny’s | 9,100 | 23.1% | 4/30/2022 | El Jimador Grill | 5,850 | 14.9% | 8/31/2018 | ||||||||||
18 | Schlumberger Office | ||||||||||||||||||
19 | All Storage Hwy 66 | ||||||||||||||||||
20 | Corridors Deer Valley | Rocky Mtn. Info Network | 22,700 | 13.8% | 9/30/2016 | Performance Software Corporation | 20,708 | 12.6% | 7/31/2017 | ||||||||||
21 | BJ’s Wholesale Club - Jacksonville | ||||||||||||||||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | ||||||||||||||||||
22.01 | Fairfield Inn - Madison Heights | ||||||||||||||||||
22.02 | Holiday Inn Express - Flint | ||||||||||||||||||
23 | Gateway Plaza | Laser Legend | 14,975 | 10.8% | 10/31/2020 | Goodwill Industries of San Antonio | 13,500 | 9.8% | 10/31/2018 | ||||||||||
24 | Promenade Merced | Perdi Bar And Salon | 3,354 | 6.0% | 12/31/2017 | Heritage Management Group | 3,292 | 5.9% | 1/31/2019 | ||||||||||
25 | Victory Village | Garcia’s Mexican Restaurant | 4,175 | 5.9% | 1/31/2015 | Victory Liquor & Wine | 3,150 | 4.4% | 12/31/2017 | ||||||||||
26 | Hampton Inn & Suites Lenox | ||||||||||||||||||
27 | East Forest Plaza II | Southern Island Retail Stores, Inc. | 25,000 | 22.9% | 10/31/2019 | Kool Smiles | 5,000 | 4.6% | 12/31/2015 | ||||||||||
28 | San Rafael Self Storage | ||||||||||||||||||
29 | All Storage Mustang Mini | ||||||||||||||||||
30 | Marley Park Plaza | Sanity Salon & Spa | 2,792 | 3.6% | 1/31/2016 | Legendary Martial Arts | 2,756 | 3.6% | 10/31/2017 | ||||||||||
31 | English Oaks Apartments | ||||||||||||||||||
32 | WMA Shadow Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | ||||||||||
32.01 | Spring Lake Town Center | Cato | 4,160 | 14.0% | 1/31/2015 | HobbyTown USA | 3,200 | 10.8% | 4/30/2016 | ||||||||||
32.02 | Metro Junction | Cato | 4,640 | 19.3% | 1/31/2017 | It’s Fashion | 3,040 | 12.7% | 1/31/2017 | ||||||||||
32.03 | Center Stage at Winder | H&R Block | 2,100 | 14.4% | 7/31/2015 | Gold & Silver Exchange | 1,750 | 12.0% | 8/31/2015 |
WFRBS Commercial Mortgage Trust 2014-C23 | |||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||||||||||
Mortgage Loan Number | Property Name | 2nd Largest Tenant Name(15)(16)(17) | 2nd Largest Tenant Sq. Ft. | 2nd Largest Tenant % of NRA | 2nd Largest Tenant Exp. Date(15) | 3rd Largest Tenant Name(16)(17)(28) | 3rd Largest Tenant Sq. Ft.(28) | 3rd Largest Tenant % of NRA | 3rd Largest Tenant Exp. Date | ||||||||||
33 | Larchmont Village Plaza | Larchmont Beauty Center | 2,120 | 13.0% | 6/30/2019 | Joane Henneberger Pickett | 1,697 | 10.4% | 6/30/2016 | ||||||||||
34 | Jordan Hospital Medical Office | ||||||||||||||||||
35 | Shiloh Business Park | WildBrine | 8,760 | 13.6% | 3/5/2015 | Bravo Restoration Co. | 3,930 | 6.1% | 4/30/2016 | ||||||||||
36 | Temescal Storage Center | ||||||||||||||||||
37 | Storage Choice Sugar Land | ||||||||||||||||||
38 | Chateau Villa Corp. | ||||||||||||||||||
39 | Storage Choice Pearland | ||||||||||||||||||
40 | Country Life MHP | ||||||||||||||||||
41 | Western Square Shopping Center | CSL Plasma, Inc. | 11,495 | 14.7% | 3/31/2028 | Family Dollar Store 271 | 9,000 | 11.5% | 12/31/2016 | ||||||||||
42 | La Quinta - Lexington | ||||||||||||||||||
43 | Brittany Estates | ||||||||||||||||||
44 | All Storage Mustang SC | ||||||||||||||||||
45 | StorQuest - Hollywood | ||||||||||||||||||
46 | DAK Equities Corp. | ||||||||||||||||||
47 | Comfort Suites - Wilmington | ||||||||||||||||||
48 | Storage Depot - Regal Row | ||||||||||||||||||
49 | Big Bend Storage | ||||||||||||||||||
50 | Mark Twain Owners’ Corp. | ||||||||||||||||||
51 | Town Lakes Self Storage | ||||||||||||||||||
52 | Renaissance Park I | Dean Witter Reynolds | 7,288 | 24.7% | 2/28/2017 | Northwestern Mutual | 6,995 | 23.7% | 10/30/2021 | ||||||||||
53 | Hidden Meadows, Inc. | ||||||||||||||||||
54 | Storage Choice Stafford | ||||||||||||||||||
55 | Walgreens - Albuquerque | ||||||||||||||||||
56 | Kingsgate Village Apartments | ||||||||||||||||||
57 | StorQuest - Kalihi | ||||||||||||||||||
58 | Statewide Self Storage | ||||||||||||||||||
59 | Storage Depot - Huebner Commons | ||||||||||||||||||
60 | Storage Choice Clear Lake | ||||||||||||||||||
61 | Saratoga Storage | ||||||||||||||||||
62 | Storage Depot - McAllen | ||||||||||||||||||
63 | Locust Street Owners Inc. | ||||||||||||||||||
64 | Bridge Road Storage | ||||||||||||||||||
65 | Midtown Manor Apartments, Ltd. | ||||||||||||||||||
66 | Cedar River Estates MHC | ||||||||||||||||||
67 | Elmhurst House, Inc. | ||||||||||||||||||
68 | 270 King Street | Rewind LLC (Candlefish) | 2,319 | 34.1% | 1/31/2018 | P.J.T., Inc. | 1,751 | 25.8% | 12/31/2015 | ||||||||||
69 | Storage Depot - Highway 77 | ||||||||||||||||||
70 | 130 E. 94th Apartments Corp. | ||||||||||||||||||
71 | 95 Sedgwick Owners Corp. | ||||||||||||||||||
72 | Extra Space Palm Springs | ||||||||||||||||||
73 | 2640 Marion Avenue Owners, Inc. | ||||||||||||||||||
74 | Bedford Square Apartments | ||||||||||||||||||
75 | Kentwood MHC | ||||||||||||||||||
76 | Shops on Veterans | Starbucks | 1,900 | 13.3% | 6/30/2018 | Sally Beauty | 1,716 | 12.0% | 6/30/2018 | ||||||||||
77 | Groff Studios Corp. | ||||||||||||||||||
78 | 828 Fifth Avenue Owners Corp. | ||||||||||||||||||
79 | Samuell Self Storage | ||||||||||||||||||
80 | Clark Street Tenants Incorporated | ||||||||||||||||||
81 | 61 Irving Place Corporation | ||||||||||||||||||
82 | 444 East 87th Street Owners Corp. | ||||||||||||||||||
83 | Longhorn Self Storage | ||||||||||||||||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | ||||||||||||||||||
85 | Cheney Center | Uncle Bo’s Hamburgers | 1,950 | 17.1% | 11/30/2017 | EZ Money | 1,935 | 17.0% | 8/26/2016 | ||||||||||
86 | 323 West 83rd Owners Corp. | ||||||||||||||||||
87 | Gibbons Commons Apartments | ||||||||||||||||||
88 | Dollar General - Ocoee | ||||||||||||||||||
89 | Trinity Arms Ltd. | ||||||||||||||||||
90 | Garden Lofts Corp. | ||||||||||||||||||
91 | Merritt Island MHC | ||||||||||||||||||
92 | 256 West 21st Owners Corp. |
WFRBS Commercial Mortgage Trust 2014-C23 | |||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||
Mortgage Loan Number | Property Name | 4th Largest Tenant Name(15)(16)(17)(28) | 4th Largest Tenant Sq. Ft.(28) | 4th Largest Tenant % of NRA | 4th Largest Tenant Exp. Date | ||||||
1 | Bank of America Plaza | Kirkland & Ellis | 101,756 | 7.1% | 12/31/2019 | ||||||
2 | Crossings at Corona | Best Buy | 45,000 | 5.4% | 1/31/2019 | ||||||
3 | Columbus Square Portfolio | Michael’s | 34,424 | 7.0% | 3/31/2020 | ||||||
4 | DC Metro Mixed Use Portfolio | Various | Various | Various | Various | ||||||
4.01 | 920-928 Rhode Island Avenue | ||||||||||
4.02 | 875 N Street | ||||||||||
4.03 | 119-125 N. Washington Street | ||||||||||
4.04 | 2000 S Street | ||||||||||
4.05 | 717 6th Street NW | ||||||||||
4.06 | 700 King Street | ||||||||||
4.07 | 1330 U Street | ||||||||||
4.08 | 100 King Street | ||||||||||
4.09 | 301 Pennsylvania Avenue | ||||||||||
4.10 | 705 6th Street | ||||||||||
4.11 | 3343 Prospect Street | ||||||||||
4.12 | 856 Rockville Pike | ||||||||||
4.13 | 106 N. Washington Street | ||||||||||
4.14 | 438 Massachusetts Avenue | ||||||||||
4.15 | 1726 20th Street | ||||||||||
5 | Centennial Center & Two Century Center | Various | Various | Various | Various | ||||||
5.01 | Centennial Center | Metropolitan Life Insurance | 21,834 | 8.0% | 1/31/2016 | ||||||
5.02 | Two Century Tower | Benefit Express Services | 21,295 | 9.6% | 2/28/2023 | ||||||
6 | 677 Broadway | Nixon Peabody, LLP | 15,358 | 8.7% | 12/23/2018 | ||||||
7 | Homewood Suites - New Orleans | ||||||||||
8 | Culver City Office Portfolio | PCCP Studio City | 8,160 | 8.7% | 12/31/2014 | ||||||
9 | Slatten Ranch Shopping Center | Pier 1 Imports | 9,998 | 8.5% | 2/28/2019 | ||||||
10 | Simi Valley Shopping Center | Mission View Public | 6,150 | 2.8% | 8/31/2017 | ||||||
11 | Stratford at Hillcrest | ||||||||||
12 | Marriott Bakersfield | ||||||||||
13 | Pomona Ranch Plaza | ||||||||||
14 | Courtyard by Marriott - Orlando | ||||||||||
15 | The Shops at Starwood | Tru Fire Kitchen and Bar | 3,499 | 6.3% | 7/17/2018 | ||||||
16 | The Shops at Pecos Ranch | Uncle Bears at Dobso | 4,855 | 6.2% | 10/31/2017 | ||||||
17 | Main Street & South Park | Various | Various | Various | Various | ||||||
17.01 | South Park | Aaron’s Rental | 8,100 | 7.8% | 8/31/2018 | ||||||
17.02 | Main Street | Rent A Wheel | 4,092 | 10.4% | 8/31/2015 | ||||||
18 | Schlumberger Office | ||||||||||
19 | All Storage Hwy 66 | ||||||||||
20 | Corridors Deer Valley | Bechtel Communications | 18,116 | 11.0% | 3/31/2015 | ||||||
21 | BJ’s Wholesale Club - Jacksonville | ||||||||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | ||||||||||
22.01 | Fairfield Inn - Madison Heights | ||||||||||
22.02 | Holiday Inn Express - Flint | ||||||||||
23 | Gateway Plaza | Hancock Fabrics | 13,500 | 9.8% | 2/28/2019 | ||||||
24 | Promenade Merced | Strings Italian Restaurant | 3,044 | 5.4% | 3/31/2015 | ||||||
25 | Victory Village | Blackman Grove Dental | 2,800 | 3.9% | 1/31/2020 | ||||||
26 | Hampton Inn & Suites Lenox | ||||||||||
27 | East Forest Plaza II | US Patriot | 4,650 | 4.3% | 9/30/2019 | ||||||
28 | San Rafael Self Storage | ||||||||||
29 | All Storage Mustang Mini | ||||||||||
30 | Marley Park Plaza | Vogue Bistro | 2,112 | 2.7% | 9/30/2017 | ||||||
31 | English Oaks Apartments | ||||||||||
32 | WMA Shadow Portfolio | Various | Various | Various | Various | ||||||
32.01 | Spring Lake Town Center | Shoe Show | 2,800 | 9.4% | 4/30/2017 | ||||||
32.02 | Metro Junction | Radio Shack | 2,700 | 11.3% | 1/31/2020 | ||||||
32.03 | Center Stage at Winder | Oriental Kitchen | 1,400 | 9.6% | 12/31/2014 |
WFRBS Commercial Mortgage Trust 2014-C23 | |||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||
Mortgage Loan Number | Property Name | 4th Largest Tenant Name(15)(16)(17)(28) | 4th Largest Tenant Sq. Ft.(28) | 4th Largest Tenant % of NRA | 4th Largest Tenant Exp. Date | ||||||
33 | Larchmont Village Plaza | Starbucks Corporation | 1,150 | 7.1% | 12/1/2021 | ||||||
34 | Jordan Hospital Medical Office | ||||||||||
35 | Shiloh Business Park | Hydroponics Co. | 3,000 | 4.7% | 9/30/2015 | ||||||
36 | Temescal Storage Center | ||||||||||
37 | Storage Choice Sugar Land | ||||||||||
38 | Chateau Villa Corp. | ||||||||||
39 | Storage Choice Pearland | ||||||||||
40 | Country Life MHP | ||||||||||
41 | Western Square Shopping Center | Super Mercado El Rey | 8,625 | 11.0% | 10/31/2015 | ||||||
42 | La Quinta - Lexington | ||||||||||
43 | Brittany Estates | ||||||||||
44 | All Storage Mustang SC | ||||||||||
45 | StorQuest - Hollywood | ||||||||||
46 | DAK Equities Corp. | ||||||||||
47 | Comfort Suites - Wilmington | ||||||||||
48 | Storage Depot - Regal Row | ||||||||||
49 | Big Bend Storage | ||||||||||
50 | Mark Twain Owners’ Corp. | ||||||||||
51 | Town Lakes Self Storage | ||||||||||
52 | Renaissance Park I | Thomas Construction | 4,730 | 16.0% | 2/28/2019 | ||||||
53 | Hidden Meadows, Inc. | ||||||||||
54 | Storage Choice Stafford | ||||||||||
55 | Walgreens - Albuquerque | ||||||||||
56 | Kingsgate Village Apartments | ||||||||||
57 | StorQuest - Kalihi | ||||||||||
58 | Statewide Self Storage | ||||||||||
59 | Storage Depot - Huebner Commons | ||||||||||
60 | Storage Choice Clear Lake | ||||||||||
61 | Saratoga Storage | ||||||||||
62 | Storage Depot - McAllen | ||||||||||
63 | Locust Street Owners Inc. | ||||||||||
64 | Bridge Road Storage | ||||||||||
65 | Midtown Manor Apartments, Ltd. | ||||||||||
66 | Cedar River Estates MHC | ||||||||||
67 | Elmhurst House, Inc. | ||||||||||
68 | 270 King Street | ||||||||||
69 | Storage Depot - Highway 77 | ||||||||||
70 | 130 E. 94th Apartments Corp. | ||||||||||
71 | 95 Sedgwick Owners Corp. | ||||||||||
72 | Extra Space Palm Springs | ||||||||||
73 | 2640 Marion Avenue Owners, Inc. | ||||||||||
74 | Bedford Square Apartments | ||||||||||
75 | Kentwood MHC | ||||||||||
76 | Shops on Veterans | Subway | 1,716 | 12.0% | 2/28/2019 | ||||||
77 | Groff Studios Corp. | ||||||||||
78 | 828 Fifth Avenue Owners Corp. | ||||||||||
79 | Samuell Self Storage | ||||||||||
80 | Clark Street Tenants Incorporated | ||||||||||
81 | 61 Irving Place Corporation | ||||||||||
82 | 444 East 87th Street Owners Corp. | ||||||||||
83 | Longhorn Self Storage | ||||||||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | ||||||||||
85 | Cheney Center | Fuji Foot Spa | 1,300 | 11.4% | 7/31/2018 | ||||||
86 | 323 West 83rd Owners Corp. | ||||||||||
87 | Gibbons Commons Apartments | ||||||||||
88 | Dollar General - Ocoee | ||||||||||
89 | Trinity Arms Ltd. | ||||||||||
90 | Garden Lofts Corp. | ||||||||||
91 | Merritt Island MHC | ||||||||||
92 | 256 West 21st Owners Corp. |
WFRBS Commercial Mortgage Trust 2014-C23 | |||||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | 5th Largest Tenant Name(16)(17) | 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 PML % | Seismic Insurance Required (Y/N) | Terrorism Insurance (Y/N) | Loan Purpose | Engineering Escrow / Deferred Maintenance ($) | Tax Escrow (Initial) ($) | |||||||||||||||
1 | Bank of America Plaza | Alston & Bird | 81,094 | 5.7% | 12/31/2023 | 7/7/2014 | 7/7/2014 | 13.0% | N | Y | Refinance | 0 | 4,151,842 | ||||||||||||||||
2 | Crossings at Corona | Jerome’s Furniture | 42,500 | 5.1% | 10/31/2020 | 8/7/2014 | 8/7/2014 | 13.0% | N | Y | Refinance | 0 | 2,117,050 | ||||||||||||||||
3 | Columbus Square Portfolio | HomeGoods | 27,019 | 5.5% | 5/31/2021 | 7/15/2014 | 7/15/2014 | N | Y | Refinance | 0 | 249,368 | |||||||||||||||||
4 | DC Metro Mixed Use Portfolio | Various | Various | Various | Various | Various | Various | N | Y | Refinance | 118,188 | 246,626 | |||||||||||||||||
4.01 | 920-928 Rhode Island Avenue | 5/28/2014 | 5/20/2014 | 6/25/2014 | N | Y | |||||||||||||||||||||||
4.02 | 875 N Street | 5/28/2014 | 5/20/2014 | N | Y | ||||||||||||||||||||||||
4.03 | 119-125 N. Washington Street | 5/29/2014 | 5/19/2014 | N | Y | ||||||||||||||||||||||||
4.04 | 2000 S Street | 5/28/2014 | 5/23/2014 | N | Y | ||||||||||||||||||||||||
4.05 | 717 6th Street NW | 6/9/2014 | 6/10/2014 | 6/30/2014 | N | Y | |||||||||||||||||||||||
4.06 | 700 King Street | 5/28/2014 | 5/28/2014 | N | Y | ||||||||||||||||||||||||
4.07 | 1330 U Street | 5/28/2014 | 5/28/2014 | N | Y | ||||||||||||||||||||||||
4.08 | 100 King Street | 5/28/2014 | 5/28/2014 | N | Y | ||||||||||||||||||||||||
4.09 | 301 Pennsylvania Avenue | 5/28/2014 | 5/28/2014 | N | Y | ||||||||||||||||||||||||
4.10 | 705 6th Street | 5/28/2014 | 5/28/2014 | N | Y | ||||||||||||||||||||||||
4.11 | 3343 Prospect Street | 5/28/2014 | 5/28/2014 | 6/25/2014 | N | Y | |||||||||||||||||||||||
4.12 | 856 Rockville Pike | 5/28/2014 | 5/28/2014 | N | Y | ||||||||||||||||||||||||
4.13 | 106 N. Washington Street | 5/28/2014 | 5/28/2014 | N | Y | ||||||||||||||||||||||||
4.14 | 438 Massachusetts Avenue | 5/29/2014 | 5/28/2014 | N | Y | ||||||||||||||||||||||||
4.15 | 1726 20th Street | 5/28/2014 | 5/27/2014 | N | Y | ||||||||||||||||||||||||
5 | Centennial Center & Two Century Center | Various | Various | Various | Various | 7/21/2014 | 7/25/2014 | N | Y | Refinance | 49,871 | 891,260 | |||||||||||||||||
5.01 | Centennial Center | J-Power USA Development | 13,781 | 5.1% | 8/31/2017 | 7/21/2014 | 7/25/2014 | N | Y | ||||||||||||||||||||
5.02 | Two Century Tower | American Auto Guardian | 16,191 | 7.3% | 12/31/2020 | 7/21/2014 | 7/25/2014 | N | Y | ||||||||||||||||||||
6 | 677 Broadway | 677 Prime, LLC | 13,767 | 7.8% | 12/31/2021 | 7/17/2014 | 7/18/2014 | N | Y | Acquisition | 0 | 404,967 | |||||||||||||||||
7 | Homewood Suites - New Orleans | 5/30/2014 | 6/26/2014 | N | Y | Refinance | 0 | 194,336 | |||||||||||||||||||||
8 | Culver City Office Portfolio | Fullscreen, Inc | 5,597 | 6.0% | 3/31/2015 | Hayden: 7/21/2014; Ince/Lindblade: 7/15/2014 | 7/17/2014 | Hayden: 18%; Ince/Lindblade: 18% | N | Y | Refinance | 0 | 84,169 | ||||||||||||||||
9 | Slatten Ranch Shopping Center | The Dress Barn | 7,300 | 6.2% | 12/31/2018 | 6/13/2014 | 6/13/2014 | 9.0% | N | Y | Refinance | 0 | 79,980 | ||||||||||||||||
10 | Simi Valley Shopping Center | Simi Valley Laundry | 5,985 | 2.7% | 2/28/2017 | 11/27/2013 | 11/27/2013 | 17.0% | N | Y | Refinance | 0 | 195,018 | ||||||||||||||||
11 | Stratford at Hillcrest | 8/6/2014 | 8/6/2014 | N | Y | Refinance | 11,400 | 291,578 | |||||||||||||||||||||
12 | Marriott Bakersfield | 7/25/2014 | 7/24/2014 | 10.0% | N | Y | Refinance | 0 | 90,833 | ||||||||||||||||||||
13 | Pomona Ranch Plaza | 8/13/2014 | 9/3/2014 | 13.0% | N | Y | Refinance | 0 | 162,500 | ||||||||||||||||||||
14 | Courtyard by Marriott - Orlando | 6/20/2014 | 6/20/2014 | N | Y | Refinance | 0 | 171,484 | |||||||||||||||||||||
15 | The Shops at Starwood | Kotta Sushi Lounge | 3,102 | 5.6% | 2/28/2022 | 8/6/2014 | 8/6/2014 | N | Y | Refinance | 0 | 266,319 | |||||||||||||||||
16 | The Shops at Pecos Ranch | Jack Peterson LLC | 4,711 | 6.0% | 3/31/2021 | 8/6/2014 | 8/27/2014 | N | Y | Refinance | 0 | 14,271 | |||||||||||||||||
17 | Main Street & South Park | Various | Various | Various | Various | 4/11/2014 | Various | N | Y | Refinance | 70,406 | 134,195 | |||||||||||||||||
17.01 | South Park | Kool Smiles | 6,400 | 6.1% | 1/31/2018 | 4/11/2014 | 7/18/2014 | N | Y | ||||||||||||||||||||
17.02 | Main Street | 4/11/2014 | 8/18/2014 | N | Y | ||||||||||||||||||||||||
18 | Schlumberger Office | 8/19/2014 | 8/13/2014 | N | Y | Acquisition | 205,221 | 218,594 | |||||||||||||||||||||
19 | All Storage Hwy 66 | 7/2/2014 | 7/1/2014 | N | Y | Refinance | 8,313 | 64,408 | |||||||||||||||||||||
20 | Corridors Deer Valley | Enghouse Interactive (Syntellect) | 15,396 | 9.4% | 9/30/2017 | 6/23/2014 | 6/20/2014 | N | Y | Acquisition | 118,716 | 25,933 | |||||||||||||||||
21 | BJ’s Wholesale Club - Jacksonville | 6/5/2014 | 6/5/2014 | N | Y | Acquisition | 37,000 | 0 | |||||||||||||||||||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | 5/5/2014 | 5/5/2014 | N | Y | Refinance | 0 | 13,307 | |||||||||||||||||||||
22.01 | Fairfield Inn - Madison Heights | 5/5/2014 | 5/5/2014 | N | Y | ||||||||||||||||||||||||
22.02 | Holiday Inn Express - Flint | 5/5/2014 | 5/5/2014 | N | Y | ||||||||||||||||||||||||
23 | Gateway Plaza | Sweet Repeats, Ltd. | 3,000 | 2.2% | 1/31/2016 | 7/21/2014 | 7/18/2014 | N | Y | Acquisition | 27,750 | 102,293 | |||||||||||||||||
24 | Promenade Merced | Rabobank | 2,225 | 4.0% | 11/30/2016 | 7/1/2014 | 7/1/2014 | 7.0% | N | Y | Refinance | 0 | 45,558 | ||||||||||||||||
25 | Victory Village | Goodwill Industries | 1,500 | 2.1% | 9/30/2016 | 7/16/2014 | 7/17/2014 | N | Y | Refinance | 0 | 118,535 | |||||||||||||||||
26 | Hampton Inn & Suites Lenox | 8/4/2014 | 8/1/2014 | N | Y | Refinance | 6,563 | 29,412 | |||||||||||||||||||||
27 | East Forest Plaza II | Payless Shoesource | 3,200 | 2.9% | 11/30/2019 | 6/5/2014 | 6/5/2014 | N | Y | Refinance | 0 | 213,110 | |||||||||||||||||
28 | San Rafael Self Storage | 5/22/2014 | 5/21/2014 | 15.0% | N | Y | Refinance | 0 | 15,636 | ||||||||||||||||||||
29 | All Storage Mustang Mini | 7/22/2014 | 7/22/2014 | N | Y | Refinance | 0 | 58,971 | |||||||||||||||||||||
30 | Marley Park Plaza | Martineau Family | 1,937 | 2.5% | 12/31/2017 | 7/16/2014 | 7/17/2014 | N | Y | Acquisition | 0 | 98,857 | |||||||||||||||||
31 | English Oaks Apartments | 7/17/2014 | 7/17/2014 | N | Y | Refinance | 104,460 | 0 | |||||||||||||||||||||
32 | WMA Shadow Portfolio | Various | Various | Various | Various | Various | Various | N | Y | Acquisition | 0 | 63,158 | |||||||||||||||||
32.01 | Spring Lake Town Center | OneMain Financial | 2,000 | 6.7% | 4/30/2017 | 7/21/2014 | 6/30/2014 | N | Y | ||||||||||||||||||||
32.02 | Metro Junction | Sally Beauty | 1,600 | 6.7% | 12/31/2016 | 7/22/2014 | 7/18/2014 | N | Y | ||||||||||||||||||||
32.03 | Center Stage at Winder | Gamestop | 1,400 | 9.6% | 6/30/2015 | 7/22/2014 | 4/7/2014 | N | Y |
WFRBS Commercial Mortgage Trust 2014-C23 | |||||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | 5th Largest Tenant Name(16)(17) | 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 PML % | Seismic Insurance Required (Y/N) | Terrorism Insurance (Y/N) | Loan Purpose | Engineering Escrow / Deferred Maintenance ($) | Tax Escrow (Initial) ($) | |||||||||||||||
33 | Larchmont Village Plaza | Hans Custom Optik | 800 | 4.9% | 4/30/2015 | 7/18/2014 | 7/18/2014 | 16.0% | N | Y | Refinance | 0 | 0 | ||||||||||||||||
34 | Jordan Hospital Medical Office | 4/14/2014 | 4/14/2014 | N | Y | Acquisition | 0 | 0 | |||||||||||||||||||||
35 | Shiloh Business Park | Ohagin Mfg Inc | 2,400 | 3.7% | 1/31/2015 | 8/11/2014 | 8/8/2014 | 10.0% | N | Y | Refinance | 0 | 18,813 | ||||||||||||||||
36 | Temescal Storage Center | 3/24/2014 | 7/11/2014 | 8.0% | N | Y | Refinance | 0 | 0 | ||||||||||||||||||||
37 | Storage Choice Sugar Land | 8/13/2014 | 8/12/2014 | N | Y | Refinance | 53,750 | 68,125 | |||||||||||||||||||||
38 | Chateau Villa Corp. | 7/17/2014 | 8/28/2014 | N | Y | Refinance | 0 | 0 | |||||||||||||||||||||
39 | Storage Choice Pearland | 8/13/2014 | 8/12/2014 | N | Y | Refinance | 0 | 61,126 | |||||||||||||||||||||
40 | Country Life MHP | 8/6/2014 | 8/8/2014 | 15.0% | N | Y | Refinance | 0 | 26,301 | ||||||||||||||||||||
41 | Western Square Shopping Center | Rent-A-Center | 6,900 | 8.8% | 9/30/2019 | 7/29/2014 | 7/25/2014 | N | Y | Refinance | 0 | 62,490 | |||||||||||||||||
42 | La Quinta - Lexington | 8/15/2014 | 8/15/2014 | N | Y | Refinance | 0 | 31,970 | |||||||||||||||||||||
43 | Brittany Estates | 8/19/2014 | 8/19/2014 | N | Y | Acquisition | 0 | 42,686 | |||||||||||||||||||||
44 | All Storage Mustang SC | 7/2/2014 | 7/8/2014 | N | Y | Refinance | 22,188 | 21,753 | |||||||||||||||||||||
45 | StorQuest - Hollywood | 6/6/2014 | 6/9/2014 | 13.0% | N | Y | Refinance | 0 | 22,568 | ||||||||||||||||||||
46 | DAK Equities Corp. | 6/30/2014 | 6/23/2014 | N | Y | Refinance | 0 | 0 | |||||||||||||||||||||
47 | Comfort Suites - Wilmington | 8/20/2014 | 8/20/2014 | N | Y | Refinance | 2,750 | 9,127 | |||||||||||||||||||||
48 | Storage Depot - Regal Row | 6/25/2014 | 6/25/2014 | N | Y | Refinance | 0 | 26,572 | |||||||||||||||||||||
49 | Big Bend Storage | 7/23/2014 | 7/22/2014 | N | Y | Acquisition | 0 | 44,639 | |||||||||||||||||||||
50 | Mark Twain Owners’ Corp. | 6/19/2014 | 6/20/2014 | N | Y | Refinance | 0 | 0 | |||||||||||||||||||||
51 | Town Lakes Self Storage | 7/23/2014 | 7/23/2014 | N | Y | Acquisition | 0 | 26,960 | |||||||||||||||||||||
52 | Renaissance Park I | Premium Image Group | 1,345 | 4.6% | 2/28/2015 | 5/23/2014 | 5/23/2014 | N | Y | Refinance | 0 | 27,720 | |||||||||||||||||
53 | Hidden Meadows, Inc. | 6/19/2014 | 6/19/2014 | N | Y | Refinance | 0 | 128,314 | |||||||||||||||||||||
54 | Storage Choice Stafford | 8/12/2014 | 8/11/2014 | N | Y | Refinance | 0 | 91,404 | |||||||||||||||||||||
55 | Walgreens - Albuquerque | 4/23/2014 | 4/23/2014 | N | N | Refinance | 0 | 0 | |||||||||||||||||||||
56 | Kingsgate Village Apartments | 7/3/2014 | 7/2/2014 | N | Y | Acquisition | 0 | 11,668 | |||||||||||||||||||||
57 | StorQuest - Kalihi | 6/10/2014 | 6/10/2014 | N | Y | Refinance | 0 | 2,812 | |||||||||||||||||||||
58 | Statewide Self Storage | 7/7/2014 | 7/7/2014 | 9.0% | N | Y | Refinance | 0 | 20,432 | ||||||||||||||||||||
59 | Storage Depot - Huebner Commons | 6/25/2014 | 6/25/2014 | N | Y | Refinance | 0 | 37,488 | |||||||||||||||||||||
60 | Storage Choice Clear Lake | 8/12/2014 | 8/11/2014 | N | Y | Refinance | 0 | 75,847 | |||||||||||||||||||||
61 | Saratoga Storage | 4/7/2014 | 4/7/2014 | 12.0% | N | Y | Refinance | 0 | 42,999 | ||||||||||||||||||||
62 | Storage Depot - McAllen | 6/25/2014 | 6/25/2014 | N | Y | Refinance | 0 | 20,328 | |||||||||||||||||||||
63 | Locust Street Owners Inc. | 6/3/2014 | 6/3/2014 | N | Y | Refinance | 0 | 51,301 | |||||||||||||||||||||
64 | Bridge Road Storage | 7/22/2014 | 7/23/2014 | N | Y | Acquisition | 0 | 28,321 | |||||||||||||||||||||
65 | Midtown Manor Apartments, Ltd. | 7/2/2014 | 7/2/2014 | N | Y | Refinance | 0 | 42,417 | |||||||||||||||||||||
66 | Cedar River Estates MHC | 7/3/2014 | 7/2/2014 | N | Y | Refinance | 0 | 10,485 | |||||||||||||||||||||
67 | Elmhurst House, Inc. | 6/2/2014 | 6/2/2014 | N | Y | Refinance | 0 | 0 | |||||||||||||||||||||
68 | 270 King Street | 7/24/2014 | 8/13/2014 | N | Y | Refinance | 0 | 26,973 | |||||||||||||||||||||
69 | Storage Depot - Highway 77 | 6/25/2014 | 6/25/2014 | N | Y | Refinance | 0 | 16,352 | |||||||||||||||||||||
70 | 130 E. 94th Apartments Corp. | 7/14/2014 | 7/8/2014 | N | Y | Refinance | 0 | 0 | |||||||||||||||||||||
71 | 95 Sedgwick Owners Corp. | 7/14/2014 | 7/15/2014 | N | Y | Refinance | 0 | 0 | |||||||||||||||||||||
72 | Extra Space Palm Springs | 8/4/2014 | 8/4/2014 | 15.0% | N | Y | Refinance | 0 | 0 | ||||||||||||||||||||
73 | 2640 Marion Avenue Owners, Inc. | 8/5/2014 | 8/5/2014 | N | Y | Refinance | 0 | 11,667 | |||||||||||||||||||||
74 | Bedford Square Apartments | 6/20/2014 | 6/20/2014 | N | Y | Refinance | 16,063 | 6,980 | |||||||||||||||||||||
75 | Kentwood MHC | 7/9/2014 | 7/9/2014 | N | Y | Refinance | 0 | 7,746 | |||||||||||||||||||||
76 | Shops on Veterans | GameStop | 1,666 | 11.6% | 1/31/2019 | 6/30/2014 | 6/30/2014 | N | Y | Refinance | 13,750 | 36,520 | |||||||||||||||||
77 | Groff Studios Corp. | 6/16/2014 | 6/13/2014 | N | Y | Refinance | 0 | 0 | |||||||||||||||||||||
78 | 828 Fifth Avenue Owners Corp. | 7/28/2014 | 7/28/2014 | N | Y | Refinance | 0 | 0 | |||||||||||||||||||||
79 | Samuell Self Storage | 7/28/2014 | 7/28/2014 | N | Y | Refinance | 91,250 | 30,025 | |||||||||||||||||||||
80 | Clark Street Tenants Incorporated | 8/13/2014 | 8/12/2014 | N | Y | Refinance | 0 | 14,132 | |||||||||||||||||||||
81 | 61 Irving Place Corporation | 7/2/2014 | 7/2/2014 | N | Y | Refinance | 0 | 0 | |||||||||||||||||||||
82 | 444 East 87th Street Owners Corp. | 8/4/2014 | 8/1/2014 | N | Y | Refinance | 0 | 0 | |||||||||||||||||||||
83 | Longhorn Self Storage | 7/30/2014 | 7/30/2014 | N | Y | Refinance | 0 | 35,440 | |||||||||||||||||||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | 6/18/2014 | 6/18/2014 | N | Y | Refinance | 0 | 0 | |||||||||||||||||||||
85 | Cheney Center | Habaneros | 1,120 | 9.8% | 3/31/2019 | 7/16/2014 | 7/14/2014 | N | Y | Refinance | 0 | 45,166 | |||||||||||||||||
86 | 323 West 83rd Owners Corp. | 7/30/2014 | 7/30/2014 | N | Y | Refinance | 0 | 13,333 | |||||||||||||||||||||
87 | Gibbons Commons Apartments | 8/4/2014 | 7/9/2014 | N | Y | Refinance | 43,125 | 20,496 | |||||||||||||||||||||
88 | Dollar General - Ocoee | 3/31/2014 | 2/19/2014 | N | Y | Acquisition | 0 | 0 | |||||||||||||||||||||
89 | Trinity Arms Ltd. | 6/26/2014 | 6/26/2014 | N | Y | Refinance | 0 | 0 | |||||||||||||||||||||
90 | Garden Lofts Corp. | 7/28/2014 | 7/28/2014 | N | Y | Refinance | 0 | 0 | |||||||||||||||||||||
91 | Merritt Island MHC | 7/16/2014 | 7/15/2014 | N | Y | Acquisition | 0 | 23,595 | |||||||||||||||||||||
92 | 256 West 21st Owners Corp. | 6/4/2014 | 6/4/2014 | N | Y | Refinance | 0 | 0 |
WFRBS Commercial Mortgage Trust 2014-C23 | |||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||||||||
Mortgage Loan Number | Property Name | Monthly Tax Escrow ($) | Tax Escrow - Cash or LoC | Tax Escrow - LoC Counterparty | Insurance Escrow (Initial) ($) | Monthly Insurance Escrow ($) | Insurance Escrow - Cash or LoC | Insurance Escrow - LoC Counterparty | |||||||||
1 | Bank of America Plaza | 518,981 | Cash | 0 | Springing | ||||||||||||
2 | Crossings at Corona | 229,672 | Cash | 0 | Springing | ||||||||||||
3 | Columbus Square Portfolio | 77,575 | Cash | 0 | Springing | ||||||||||||
4 | DC Metro Mixed Use Portfolio | 49,325 | Cash | 5,513 | Springing | Cash | |||||||||||
4.01 | 920-928 Rhode Island Avenue | ||||||||||||||||
4.02 | 875 N Street | ||||||||||||||||
4.03 | 119-125 N. Washington Street | ||||||||||||||||
4.04 | 2000 S Street | ||||||||||||||||
4.05 | 717 6th Street NW | ||||||||||||||||
4.06 | 700 King Street | ||||||||||||||||
4.07 | 1330 U Street | ||||||||||||||||
4.08 | 100 King Street | ||||||||||||||||
4.09 | 301 Pennsylvania Avenue | ||||||||||||||||
4.10 | 705 6th Street | ||||||||||||||||
4.11 | 3343 Prospect Street | ||||||||||||||||
4.12 | 856 Rockville Pike | ||||||||||||||||
4.13 | 106 N. Washington Street | ||||||||||||||||
4.14 | 438 Massachusetts Avenue | ||||||||||||||||
4.15 | 1726 20th Street | ||||||||||||||||
5 | Centennial Center & Two Century Center | 222,815 | Cash | 110,351 | 7,882 | Cash | |||||||||||
5.01 | Centennial Center | ||||||||||||||||
5.02 | Two Century Tower | ||||||||||||||||
6 | 677 Broadway | 50,268 | Cash | 15,519 | 5,173 | Cash | |||||||||||
7 | Homewood Suites - New Orleans | 27,763 | Cash | 0 | Springing | ||||||||||||
8 | Culver City Office Portfolio | 14,028 | Cash | 0 | Springing | ||||||||||||
9 | Slatten Ranch Shopping Center | 26,660 | Cash | 0 | Springing | ||||||||||||
10 | Simi Valley Shopping Center | 24,377 | Cash | 35,656 | 3,962 | Cash | |||||||||||
11 | Stratford at Hillcrest | 26,507 | Cash | 32,136 | 4,591 | Cash | |||||||||||
12 | Marriott Bakersfield | 18,167 | Cash | 53,209 | 6,651 | Cash | |||||||||||
13 | Pomona Ranch Plaza | 27,083 | Cash | 10,484 | 1,311 | Cash | |||||||||||
14 | Courtyard by Marriott - Orlando | 19,054 | Cash | 0 | Springing | ||||||||||||
15 | The Shops at Starwood | 29,591 | Cash | 0 | Springing | ||||||||||||
16 | The Shops at Pecos Ranch | 14,271 | Cash | 0 | Springing | ||||||||||||
17 | Main Street & South Park | 12,200 | Cash | 76,861 | 8,540 | Cash | |||||||||||
17.01 | South Park | ||||||||||||||||
17.02 | Main Street | ||||||||||||||||
18 | Schlumberger Office | 21,859 | Cash | 26,182 | 6,546 | Cash | |||||||||||
19 | All Storage Hwy 66 | 6,441 | Cash | 8,286 | 1,381 | Cash | |||||||||||
20 | Corridors Deer Valley | 25,933 | Cash | 0 | Springing | ||||||||||||
21 | BJ’s Wholesale Club - Jacksonville | Springing | 6,784 | 3,391 | Cash | ||||||||||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | 13,307 | Cash | 5,851 | Springing | Cash | |||||||||||
22.01 | Fairfield Inn - Madison Heights | ||||||||||||||||
22.02 | Holiday Inn Express - Flint | ||||||||||||||||
23 | Gateway Plaza | 19,528 | Cash | 0 | Springing | ||||||||||||
24 | Promenade Merced | 7,593 | Cash | 0 | Springing | ||||||||||||
25 | Victory Village | 10,776; Springing | Cash | 0 | Springing | ||||||||||||
26 | Hampton Inn & Suites Lenox | 5,882 | Cash | 25,131 | 3,141 | Cash | |||||||||||
27 | East Forest Plaza II | 23,679 | Cash | 7,166 | 2,389 | Cash | |||||||||||
28 | San Rafael Self Storage | 3,909 | Cash | 0 | Springing | ||||||||||||
29 | All Storage Mustang Mini | 5,897 | Cash | 9,543 | 1,590 | Cash | |||||||||||
30 | Marley Park Plaza | 19,775 | Cash | 1,900 | 950 | Cash | |||||||||||
31 | English Oaks Apartments | 11,379 | Cash | 71,672 | 4,485 | LOC | |||||||||||
32 | WMA Shadow Portfolio | 8,175 | Cash | 0 | Springing | ||||||||||||
32.01 | Spring Lake Town Center | ||||||||||||||||
32.02 | Metro Junction | ||||||||||||||||
32.03 | Center Stage at Winder |
WFRBS Commercial Mortgage Trust 2014-C23 | |||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||||||||
Mortgage Loan Number | Property Name | 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 | |||||||||
33 | Larchmont Village Plaza | 0 | 0 | 0 | |||||||||||||
34 | Jordan Hospital Medical Office | Springing | 0 | Springing | |||||||||||||
35 | Shiloh Business Park | 4,703 | Cash | 2,809 | 1,404 | Cash | |||||||||||
36 | Temescal Storage Center | Springing | 0 | Springing | |||||||||||||
37 | Storage Choice Sugar Land | 6,813 | Cash | 11,549 | 2,887 | Cash | |||||||||||
38 | Chateau Villa Corp. | Springing | 0 | Springing | |||||||||||||
39 | Storage Choice Pearland | 6,113 | Cash | 10,578 | 2,644 | Cash | |||||||||||
40 | Country Life MHP | 4,384 | Cash | 10,735 | 1,534 | Cash | |||||||||||
41 | Western Square Shopping Center | 6,943 | Cash | 15,110 | 1,374 | Cash | |||||||||||
42 | La Quinta - Lexington | 2,459 | Cash | 3,732 | Springing | Cash | |||||||||||
43 | Brittany Estates | 3,881 | Cash | 17,400 | 1,740 | Cash | |||||||||||
44 | All Storage Mustang SC | 2,175 | Cash | 9,647 | 1,608 | Cash | |||||||||||
45 | StorQuest - Hollywood | 5,642 | Cash | 0 | Springing | ||||||||||||
46 | DAK Equities Corp. | Springing | 0 | Springing | |||||||||||||
47 | Comfort Suites - Wilmington | 3,042 | Cash | 8,229 | 2,743 | Cash | |||||||||||
48 | Storage Depot - Regal Row | 3,345 | Cash | 0 | Springing | ||||||||||||
49 | Big Bend Storage | 3,720 | Cash | 5,082 | 1,694 | Cash | |||||||||||
50 | Mark Twain Owners’ Corp. | Springing | 0 | Springing | |||||||||||||
51 | Town Lakes Self Storage | 2,247 | Cash | 4,467 | 1,489 | Cash | |||||||||||
52 | Renaissance Park I | 3,465 | Cash | 0 | 981 | Cash | |||||||||||
53 | Hidden Meadows, Inc. | 21,386 | Cash | 0 | Springing | ||||||||||||
54 | Storage Choice Stafford | 9,140 | Cash | 10,018 | 2,504 | Cash | |||||||||||
55 | Walgreens - Albuquerque | Springing | 0 | Springing | |||||||||||||
56 | Kingsgate Village Apartments | 5,834 | Cash | 0 | 1,339 | Cash | |||||||||||
57 | StorQuest - Kalihi | 2,812 | Cash | 6,102 | 1,017 | Cash | |||||||||||
58 | Statewide Self Storage | 5,108 | Cash | 876 | 876 | Cash | |||||||||||
59 | Storage Depot - Huebner Commons | 4,686 | Cash | 0 | Springing | ||||||||||||
60 | Storage Choice Clear Lake | 7,585 | Cash | 7,108 | 1,777 | Cash | |||||||||||
61 | Saratoga Storage | 3,909 | Cash | 3,093 | 344 | Cash | |||||||||||
62 | Storage Depot - McAllen | 2,541 | Cash | 0 | Springing | ||||||||||||
63 | Locust Street Owners Inc. | 15,344 | Cash | 0 | Springing | ||||||||||||
64 | Bridge Road Storage | 2,360 | Cash | 2,541 | 847 | Cash | |||||||||||
65 | Midtown Manor Apartments, Ltd. | 42,417 | Cash | 0 | Springing | ||||||||||||
66 | Cedar River Estates MHC | 3,495 | Cash | 3,280 | 364 | Cash | |||||||||||
67 | Elmhurst House, Inc. | Springing | 0 | Springing | |||||||||||||
68 | 270 King Street | 2,997 | Cash | 1,949 | 1,949 | Cash | |||||||||||
69 | Storage Depot - Highway 77 | 2,044 | Cash | 0 | Springing | ||||||||||||
70 | 130 E. 94th Apartments Corp. | Springing | 0 | Springing | |||||||||||||
71 | 95 Sedgwick Owners Corp. | Springing | 0 | Springing | |||||||||||||
72 | Extra Space Palm Springs | Springing | 0 | Springing | |||||||||||||
73 | 2640 Marion Avenue Owners, Inc. | 11,667 | Cash | 0 | Springing | ||||||||||||
74 | Bedford Square Apartments | 3,490 | Cash | 0 | Springing | ||||||||||||
75 | Kentwood MHC | 2,582 | Cash | 2,470 | 274 | Cash | |||||||||||
76 | Shops on Veterans | 3,320 | Cash | 14,073 | 1,564 | Cash | |||||||||||
77 | Groff Studios Corp. | Springing | 0 | Springing | |||||||||||||
78 | 828 Fifth Avenue Owners Corp. | Springing | 0 | Springing | |||||||||||||
79 | Samuell Self Storage | 3,336 | Cash | 7,357 | 736 | Cash | |||||||||||
80 | Clark Street Tenants Incorporated | 14,132 | Cash | 0 | Springing | ||||||||||||
81 | 61 Irving Place Corporation | Springing | 0 | Springing | |||||||||||||
82 | 444 East 87th Street Owners Corp. | Springing | 0 | Springing | |||||||||||||
83 | Longhorn Self Storage | 3,544 | Cash | 13,236 | 2,059 | Cash | |||||||||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | Springing | 0 | Springing | |||||||||||||
85 | Cheney Center | 4,517 | Cash | 5,301 | 442 | Cash | |||||||||||
86 | 323 West 83rd Owners Corp. | 13,333 | Cash | 0 | Springing | ||||||||||||
87 | Gibbons Commons Apartments | 5,377 | Cash | 0 | 4,008 | Cash | |||||||||||
88 | Dollar General - Ocoee | Springing | 0 | Springing | |||||||||||||
89 | Trinity Arms Ltd. | Springing | 0 | Springing | |||||||||||||
90 | Garden Lofts Corp. | Springing | 0 | Springing | |||||||||||||
91 | Merritt Island MHC | 2,145 | Cash | 825 | 825 | Cash | |||||||||||
92 | 256 West 21st Owners Corp. | Springing | 0 | Springing |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Upfront Replacement Reserve ($) | Monthly Replacement Reserve ($)(18) | Replacement Reserve Cap ($) | Replacement Reserve Escrow - Cash or LoC | Replacement Reserve Escrow - LoC Counterparty | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($)(19) | TI/LC Reserve Cap ($) | TI/LC Escrow - Cash or LoC | TI/LC Escrow - LoC Counterparty | Debt Service Escrow (Initial) ($) | Debt Service Escrow (Monthly) ($) | |||||||||||||
1 | Bank of America Plaza | 0 | 23,871 | 0 | Cash | 0 | Springing | 0 | 0 | 0 | ||||||||||||||||
2 | Crossings at Corona | 0 | 15,291 | 0 | Cash | 0 | 69,506 | 850,000 | Cash | 0 | 0 | |||||||||||||||
3 | Columbus Square Portfolio | 6,177 | 6,177 | 148,267 | Cash | 0 | Springing | 0 | 0 | 0 | ||||||||||||||||
4 | DC Metro Mixed Use Portfolio | 3,294 | 3,294 | 0 | Cash | 3,539,451 | 13,836 | 0 | Cash | 0 | 0 | |||||||||||||||
4.01 | 920-928 Rhode Island Avenue | |||||||||||||||||||||||||
4.02 | 875 N Street | |||||||||||||||||||||||||
4.03 | 119-125 N. Washington Street | |||||||||||||||||||||||||
4.04 | 2000 S Street | |||||||||||||||||||||||||
4.05 | 717 6th Street NW | |||||||||||||||||||||||||
4.06 | 700 King Street | |||||||||||||||||||||||||
4.07 | 1330 U Street | |||||||||||||||||||||||||
4.08 | 100 King Street | |||||||||||||||||||||||||
4.09 | 301 Pennsylvania Avenue | |||||||||||||||||||||||||
4.10 | 705 6th Street | |||||||||||||||||||||||||
4.11 | 3343 Prospect Street | |||||||||||||||||||||||||
4.12 | 856 Rockville Pike | |||||||||||||||||||||||||
4.13 | 106 N. Washington Street | |||||||||||||||||||||||||
4.14 | 438 Massachusetts Avenue | |||||||||||||||||||||||||
4.15 | 1726 20th Street | |||||||||||||||||||||||||
5 | Centennial Center & Two Century Center | 6,170 | 6,170 | 222,042 | Cash | 41,000 | 41,000 | 1,000,000 | Cash | 0 | 0 | |||||||||||||||
5.01 | Centennial Center | |||||||||||||||||||||||||
5.02 | Two Century Tower | |||||||||||||||||||||||||
6 | 677 Broadway | 0 | 3,688 | 0 | Cash | 345,000 | 14,753 | 885,195 | Cash | 0 | 0 | |||||||||||||||
7 | Homewood Suites - New Orleans | 0 | 26,934 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
8 | Culver City Office Portfolio | 0 | 1,566; Springing | 37,590 | Cash | 500,000 | 11,747 | 500,000 | Cash | 0 | 0 | |||||||||||||||
9 | Slatten Ranch Shopping Center | 0 | 3,569 | 0 | Cash | 0 | Springing | 0 | 0 | 0 | ||||||||||||||||
10 | Simi Valley Shopping Center | 0 | Springing | 0 | 0 | Springing | 0 | 0 | 0 | |||||||||||||||||
11 | Stratford at Hillcrest | 0 | 7,560 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
12 | Marriott Bakersfield | 0 | 37,259 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
13 | Pomona Ranch Plaza | 1,667 | 1,667 | 60,000 | Cash | 500,000 | 12,500 | 0 | Cash | 0 | 0 | |||||||||||||||
14 | Courtyard by Marriott - Orlando | 0 | 24,060 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
15 | The Shops at Starwood | 0 | 923; Springing | 33,231 | Cash | 0 | 4,615; Springing | 232,000 | Cash | 0 | 0 | |||||||||||||||
16 | The Shops at Pecos Ranch | 0 | 1,313; Springing | 47,259 | Cash | 0 | 6,564; Springing | 330,000 | Cash | �� | 0 | 0 | ||||||||||||||
17 | Main Street & South Park | 0 | 1,797 | 0 | Cash | 0 | 10,417 | 875,000 | Cash | 0 | 0 | |||||||||||||||
17.01 | South Park | |||||||||||||||||||||||||
17.02 | Main Street | |||||||||||||||||||||||||
18 | Schlumberger Office | 0 | 3,006 | 0 | Cash | 0 | 11,571 | 0 | Cash | 0 | 0 | |||||||||||||||
19 | All Storage Hwy 66 | 0 | 2,322 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
20 | Corridors Deer Valley | 131,284 | 2,740 | 0 | Cash | 1,000,000 | 13,701 | 500,000 | Cash | 0 | 0 | |||||||||||||||
21 | BJ’s Wholesale Club - Jacksonville | 1,993 | 1,993 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | 0 | 13,917 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
22.01 | Fairfield Inn - Madison Heights | |||||||||||||||||||||||||
22.02 | Holiday Inn Express - Flint | |||||||||||||||||||||||||
23 | Gateway Plaza | 0 | 2,282 | 0 | Cash | 0 | 6,250 | 375,000 | Cash | 0 | 0 | |||||||||||||||
24 | Promenade Merced | 0 | 3,257; Springing | 238,000 | Cash | 0 | 6,138 | 220,957 | Cash | 0 | 0 | |||||||||||||||
25 | Victory Village | 0 | 891 | 0 | Cash | 0 | 2,674; Springing | 105,000 | Cash | 0 | 0 | |||||||||||||||
26 | Hampton Inn & Suites Lenox | 11,377 | 11,377 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
27 | East Forest Plaza II | 0 | 1,545 | 0 | Cash | 0 | 4,583 | 0 | Cash | 0 | 0 | |||||||||||||||
28 | San Rafael Self Storage | 0 | 604 | 14,500 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
29 | All Storage Mustang Mini | 0 | 1,994 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
30 | Marley Park Plaza | 0 | 1,292; Springing | 31,008 | Cash | 0 | 12,924; Springing | 310,176 | Cash | 0 | 0 | |||||||||||||||
31 | English Oaks Apartments | 0 | 5,742 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
32 | WMA Shadow Portfolio | 0 | 1,140 | 0 | Cash | 25,000 | 2,849; Springing | 150,000 | Cash | 0 | 0 | |||||||||||||||
32.01 | Spring Lake Town Center | |||||||||||||||||||||||||
32.02 | Metro Junction | |||||||||||||||||||||||||
32.03 | Center Stage at Winder |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Upfront Replacement Reserve ($) | Monthly Replacement Reserve ($)(18) | Replacement Reserve Cap ($) | Replacement Reserve Escrow - Cash or LoC | Replacement Reserve Escrow - LoC Counterparty | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($)(19) | TI/LC Reserve Cap ($) | TI/LC Escrow - Cash or LoC | TI/LC Escrow - LoC Counterparty | Debt Service Escrow (Initial) ($) | Debt Service Escrow (Monthly) ($) | |||||||||||||
33 | Larchmont Village Plaza | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
34 | Jordan Hospital Medical Office | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
35 | Shiloh Business Park | 0 | 812 | 29,000 | Cash | 0 | 1,896 | 67,200 | Cash | 0 | 0 | |||||||||||||||
36 | Temescal Storage Center | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
37 | Storage Choice Sugar Land | 773 | 773 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
38 | Chateau Villa Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
39 | Storage Choice Pearland | 940 | 940 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
40 | Country Life MHP | 1,279 | 1,279 | 46,050 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
41 | Western Square Shopping Center | 0 | 977 | 0 | Cash | 28,500 | Springing | 200,000 | Cash | 0 | 0 | |||||||||||||||
42 | La Quinta - Lexington | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
43 | Brittany Estates | 0 | 713 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
44 | All Storage Mustang SC | 0 | 1,501 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
45 | StorQuest - Hollywood | 0 | 297 | 10,000 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
46 | DAK Equities Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
47 | Comfort Suites - Wilmington | 0 | 4,376 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
48 | Storage Depot - Regal Row | 0 | 757 | 25,000 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
49 | Big Bend Storage | 860 | 860 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
50 | Mark Twain Owners’ Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
51 | Town Lakes Self Storage | 780 | 780 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
52 | Renaissance Park I | 0 | 590 | 21,231 | Cash | 0 | 3,040 | 109,458 | Cash | 0 | 0 | |||||||||||||||
53 | Hidden Meadows, Inc. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
54 | Storage Choice Stafford | 822 | 822 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
55 | Walgreens - Albuquerque | 0 | Springing | 0 | 0 | Springing | 0 | 0 | 0 | |||||||||||||||||
56 | Kingsgate Village Apartments | 0 | 1,752 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
57 | StorQuest - Kalihi | 0 | 186 | 10,000 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
58 | Statewide Self Storage | 0 | 727 | 26,145 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
59 | Storage Depot - Huebner Commons | 0 | 655 | 15,000 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
60 | Storage Choice Clear Lake | 749 | 749 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
61 | Saratoga Storage | 0 | 544 | 30,000 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
62 | Storage Depot - McAllen | 0 | 541 | 15,000 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
63 | Locust Street Owners Inc. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
64 | Bridge Road Storage | 540 | 540 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
65 | Midtown Manor Apartments, Ltd. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
66 | Cedar River Estates MHC | 0 | 496 | 30,000 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
67 | Elmhurst House, Inc. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
68 | 270 King Street | 0 | 125 | 0 | Cash | 50,000 | 1,076; Springing | 125,000 | Cash | 0 | 0 | |||||||||||||||
69 | Storage Depot - Highway 77 | 0 | 541 | 15,000 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
70 | 130 E. 94th Apartments Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
71 | 95 Sedgwick Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
72 | Extra Space Palm Springs | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
73 | 2640 Marion Avenue Owners, Inc. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
74 | Bedford Square Apartments | 0 | 1,092 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
75 | Kentwood MHC | 0 | 788 | 0 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
76 | Shops on Veterans | 0 | 239 | 10,000 | Cash | 120,000 | 1,790 | 150,000 | Cash | 0 | 0 | |||||||||||||||
77 | Groff Studios Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
78 | 828 Fifth Avenue Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
79 | Samuell Self Storage | 0 | 1,289 | 30,000 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
80 | Clark Street Tenants Incorporated | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
81 | 61 Irving Place Corporation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
82 | 444 East 87th Street Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
83 | Longhorn Self Storage | 0 | 614 | 20,000 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
85 | Cheney Center | 142 | 142 | 0 | Cash | 1,386 | 1,386 | 0 | Cash | 0 | 0 | |||||||||||||||
86 | 323 West 83rd Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
87 | Gibbons Commons Apartments | 50,000 | 2,085 | 50,000 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
88 | Dollar General - Ocoee | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
89 | Trinity Arms Ltd. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
90 | Garden Lofts Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
91 | Merritt Island MHC | 0 | 308; Springing | 10,000 | Cash | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
92 | 256 West 21st Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||
Mortgage Loan Number | Property Name | Debt Service Escrow - Cash or LoC | Debt Service Escrow - LoC Counterparty | Other Escrow I Reserve Description | Other Escrow I (Initial) ($)(16) | Other Escrow I (Monthly) ($)(20) | ||||||
1 | Bank of America Plaza | Tenant Specific TILC Reserve | 2,991,870 | 0 | ||||||||
2 | Crossings at Corona | Sports Authority / Tilly’s TILC Reserve | Sports Authority - $172,830 / Tenant Specific TILC - $75,000 | 0 | ||||||||
3 | Columbus Square Portfolio | 0 | 0 | |||||||||
4 | DC Metro Mixed Use Portfolio | Free Rent Reserve | 934,922 | 0 | ||||||||
4.01 | 920-928 Rhode Island Avenue | |||||||||||
4.02 | 875 N Street | |||||||||||
4.03 | 119-125 N. Washington Street | |||||||||||
4.04 | 2000 S Street | |||||||||||
4.05 | 717 6th Street NW | |||||||||||
4.06 | 700 King Street | |||||||||||
4.07 | 1330 U Street | |||||||||||
4.08 | 100 King Street | |||||||||||
4.09 | 301 Pennsylvania Avenue | |||||||||||
4.10 | 705 6th Street | |||||||||||
4.11 | 3343 Prospect Street | |||||||||||
4.12 | 856 Rockville Pike | |||||||||||
4.13 | 106 N. Washington Street | |||||||||||
4.14 | 438 Massachusetts Avenue | |||||||||||
4.15 | 1726 20th Street | |||||||||||
5 | Centennial Center & Two Century Center | Tenant Specific TI Reserve | 1,648,889 | 0 | ||||||||
5.01 | Centennial Center | |||||||||||
5.02 | Two Century Tower | |||||||||||
6 | 677 Broadway | 0 | 0 | |||||||||
7 | Homewood Suites - New Orleans | PIP Reserve | 1,341,000 | Springing | ||||||||
8 | Culver City Office Portfolio | Rent Concession Reserve | 126,027 | 0 | ||||||||
9 | Slatten Ranch Shopping Center | 0 | 0 | |||||||||
10 | Simi Valley Shopping Center | 0 | 0 | |||||||||
11 | Stratford at Hillcrest | 0 | 0 | |||||||||
12 | Marriott Bakersfield | 0 | 0 | |||||||||
13 | Pomona Ranch Plaza | 0 | 0 | |||||||||
14 | Courtyard by Marriott - Orlando | Seasonality Reserve | 46,189 | 11,547 | ||||||||
15 | The Shops at Starwood | Rent Concession Reserve | 50,094 | 0 | ||||||||
16 | The Shops at Pecos Ranch | The Crowded House Reserve | 156,000 | 0 | ||||||||
17 | Main Street & South Park | Machado Jujitsu Reserve | 11,789 | 0 | ||||||||
17.01 | South Park | |||||||||||
17.02 | Main Street | |||||||||||
18 | Schlumberger Office | 0 | 0 | |||||||||
19 | All Storage Hwy 66 | 0 | 0 | |||||||||
20 | Corridors Deer Valley | Arizona TILC/Free Rent Reserve | 695,901 | 0 | ||||||||
21 | BJ’s Wholesale Club - Jacksonville | 0 | 0 | |||||||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | PIP Reserve | 1,200,000 | 10,438 | ||||||||
22.01 | Fairfield Inn - Madison Heights | |||||||||||
22.02 | Holiday Inn Express - Flint | |||||||||||
23 | Gateway Plaza | Rent Concession Reserve | 80,000 | 0 | ||||||||
24 | Promenade Merced | UC Merced TILC Reserve | 10,000 | 0 | ||||||||
25 | Victory Village | Cinco De Mayo Reserve | 300,000 | 0 | ||||||||
26 | Hampton Inn & Suites Lenox | Seasonality Reserve | 240,000 | 0 | ||||||||
27 | East Forest Plaza II | 0 | 0 | |||||||||
28 | San Rafael Self Storage | 0 | 0 | |||||||||
29 | All Storage Mustang Mini | 0 | 0 | |||||||||
30 | Marley Park Plaza | Rent Concession / Tenant Specific TILC Reserve | Rent Concession - $787,392 / Tenant Specific TILC - $8,268 | 0 | ||||||||
31 | English Oaks Apartments | 0 | 0 | |||||||||
32 | WMA Shadow Portfolio | 0 | 0 | |||||||||
32.01 | Spring Lake Town Center | |||||||||||
32.02 | Metro Junction | |||||||||||
32.03 | Center Stage at Winder |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||
Mortgage Loan Number | Property Name | Debt Service Escrow - Cash or LoC | Debt Service Escrow - LoC Counterparty | Other Escrow I Reserve Description | Other Escrow I (Initial) ($)(16) | Other Escrow I (Monthly) ($)(20) | ||||||
33 | Larchmont Village Plaza | 0 | 0 | |||||||||
34 | Jordan Hospital Medical Office | Ground lessor Assumption Reserve | 25,000 | 0 | ||||||||
35 | Shiloh Business Park | 0 | 0 | |||||||||
36 | Temescal Storage Center | 0 | 0 | |||||||||
37 | Storage Choice Sugar Land | 0 | 0 | |||||||||
38 | Chateau Villa Corp. | Collateral Security Agreement for Environmental Work | 31,250 | 0 | ||||||||
39 | Storage Choice Pearland | 0 | 0 | |||||||||
40 | Country Life MHP | 0 | 0 | |||||||||
41 | Western Square Shopping Center | American Deli/Nail Salon Rent Reserve | 9,600 | 0 | ||||||||
42 | La Quinta - Lexington | 0 | 0 | |||||||||
43 | Brittany Estates | 0 | 0 | |||||||||
44 | All Storage Mustang SC | 0 | 0 | |||||||||
45 | StorQuest - Hollywood | 0 | 0 | |||||||||
46 | DAK Equities Corp. | 0 | 0 | |||||||||
47 | Comfort Suites - Wilmington | Seasonality | 85,000 | 0 | ||||||||
48 | Storage Depot - Regal Row | 0 | 0 | |||||||||
49 | Big Bend Storage | 0 | 0 | |||||||||
50 | Mark Twain Owners’ Corp. | 0 | 0 | |||||||||
51 | Town Lakes Self Storage | 0 | 0 | |||||||||
52 | Renaissance Park I | 0 | 0 | |||||||||
53 | Hidden Meadows, Inc. | Collateral Security Agreement for Capital Improvements | 400,000 | 0 | ||||||||
54 | Storage Choice Stafford | 0 | 0 | |||||||||
55 | Walgreens - Albuquerque | 0 | 0 | |||||||||
56 | Kingsgate Village Apartments | 0 | 0 | |||||||||
57 | StorQuest - Kalihi | 0 | 0 | |||||||||
58 | Statewide Self Storage | 0 | 0 | |||||||||
59 | Storage Depot - Huebner Commons | 0 | 0 | |||||||||
60 | Storage Choice Clear Lake | 0 | 0 | |||||||||
61 | Saratoga Storage | 0 | 0 | |||||||||
62 | Storage Depot - McAllen | 0 | 0 | |||||||||
63 | Locust Street Owners Inc. | 0 | 0 | |||||||||
64 | Bridge Road Storage | 0 | 0 | |||||||||
65 | Midtown Manor Apartments, Ltd. | 0 | 0 | |||||||||
66 | Cedar River Estates MHC | 0 | 0 | |||||||||
67 | Elmhurst House, Inc. | 0 | 0 | |||||||||
68 | 270 King Street | Candle Fish Reserve | 20,871 | 0 | ||||||||
69 | Storage Depot - Highway 77 | 0 | 0 | |||||||||
70 | 130 E. 94th Apartments Corp. | 0 | 0 | |||||||||
71 | 95 Sedgwick Owners Corp. | 0 | 0 | |||||||||
72 | Extra Space Palm Springs | 0 | 0 | |||||||||
73 | 2640 Marion Avenue Owners, Inc. | 0 | 0 | |||||||||
74 | Bedford Square Apartments | 0 | 0 | |||||||||
75 | Kentwood MHC | 0 | 0 | |||||||||
76 | Shops on Veterans | Ground Lease Reserve | 0 | 18,150 | ||||||||
77 | Groff Studios Corp. | 0 | 0 | |||||||||
78 | 828 Fifth Avenue Owners Corp. | 0 | 0 | |||||||||
79 | Samuell Self Storage | 0 | 0 | |||||||||
80 | Clark Street Tenants Incorporated | 0 | 0 | |||||||||
81 | 61 Irving Place Corporation | 0 | 0 | |||||||||
82 | 444 East 87th Street Owners Corp. | 0 | 0 | |||||||||
83 | Longhorn Self Storage | 0 | 0 | |||||||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | 0 | 0 | |||||||||
85 | Cheney Center | 0 | 0 | |||||||||
86 | 323 West 83rd Owners Corp. | 0 | 0 | |||||||||
87 | Gibbons Commons Apartments | 0 | 0 | |||||||||
88 | Dollar General - Ocoee | 0 | 0 | |||||||||
89 | Trinity Arms Ltd. | 0 | 0 | |||||||||
90 | Garden Lofts Corp. | 0 | 0 | |||||||||
91 | Merritt Island MHC | 0 | 0 | |||||||||
92 | 256 West 21st Owners Corp. | 0 | 0 |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||
Mortgage Loan Number | Property Name | 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) ($)(16)(21) | Other Escrow II (Monthly) ($) | Other Escrow II Cap ($) | Other Escrow II Escrow - Cash or LoC | |||||||||
1 | Bank of America Plaza | 0 | Cash | Rent Concession Reserve | 520,213 | 0 | 0 | Cash | ||||||||||
2 | Crossings at Corona | 0 | Cash | Earnout Reserve | 6,500,000 | 0 | 0 | Cash | ||||||||||
3 | Columbus Square Portfolio | 0 | 0 | 0 | 0 | |||||||||||||
4 | DC Metro Mixed Use Portfolio | 0 | Cash | 0 | 0 | 0 | ||||||||||||
4.01 | 920-928 Rhode Island Avenue | |||||||||||||||||
4.02 | 875 N Street | |||||||||||||||||
4.03 | 119-125 N. Washington Street | |||||||||||||||||
4.04 | 2000 S Street | |||||||||||||||||
4.05 | 717 6th Street NW | |||||||||||||||||
4.06 | 700 King Street | |||||||||||||||||
4.07 | 1330 U Street | |||||||||||||||||
4.08 | 100 King Street | |||||||||||||||||
4.09 | 301 Pennsylvania Avenue | |||||||||||||||||
4.10 | 705 6th Street | |||||||||||||||||
4.11 | 3343 Prospect Street | |||||||||||||||||
4.12 | 856 Rockville Pike | |||||||||||||||||
4.13 | 106 N. Washington Street | |||||||||||||||||
4.14 | 438 Massachusetts Avenue | |||||||||||||||||
4.15 | 1726 20th Street | |||||||||||||||||
5 | Centennial Center & Two Century Center | 0 | Cash | Rent Abatement Reserve / Pulte Reserve | 986,180 / 295,000 | 0 | 0 | Cash | ||||||||||
5.01 | Centennial Center | |||||||||||||||||
5.02 | Two Century Tower | |||||||||||||||||
6 | 677 Broadway | 0 | 0 | 0 | 0 | |||||||||||||
7 | Homewood Suites - New Orleans | 0 | Cash | Springing Reserve | 0 | Springing | 0 | |||||||||||
8 | Culver City Office Portfolio | 0 | Cash | Ground Rent Reserve | 0 | 7,100 | 7,100 | Cash | ||||||||||
9 | Slatten Ranch Shopping Center | 0 | 0 | 0 | 0 | |||||||||||||
10 | Simi Valley Shopping Center | 0 | 0 | 0 | 0 | |||||||||||||
11 | Stratford at Hillcrest | 0 | 0 | 0 | 0 | |||||||||||||
12 | Marriott Bakersfield | 0 | 0 | 0 | 0 | |||||||||||||
13 | Pomona Ranch Plaza | 0 | 0 | 0 | 0 | |||||||||||||
14 | Courtyard by Marriott - Orlando | 46,189 | Cash | PIP Reserve | 0 | Springing | 0 | |||||||||||
15 | The Shops at Starwood | 0 | Cash | 0 | 0 | 0 | ||||||||||||
16 | The Shops at Pecos Ranch | 0 | Cash | Rent Concession Reserve | 31,122 | 0 | 0 | Cash | ||||||||||
17 | Main Street & South Park | 0 | Cash | Anchor Tenant Reserve | 0 | Springing | 0 | |||||||||||
17.01 | South Park | |||||||||||||||||
17.02 | Main Street | |||||||||||||||||
18 | Schlumberger Office | 0 | 0 | 0 | 0 | |||||||||||||
19 | All Storage Hwy 66 | 0 | 0 | 0 | 0 | |||||||||||||
20 | Corridors Deer Valley | 0 | Cash | General Reserve | 500,000 | 0 | 0 | Cash | ||||||||||
21 | BJ’s Wholesale Club - Jacksonville | 0 | 0 | 0 | 0 | |||||||||||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | 0 | Cash | 0 | 0 | 0 | ||||||||||||
22.01 | Fairfield Inn - Madison Heights | |||||||||||||||||
22.02 | Holiday Inn Express - Flint | |||||||||||||||||
23 | Gateway Plaza | 0 | Cash | 0 | 0 | 0 | ||||||||||||
24 | Promenade Merced | 0 | Cash | UC Merced Renewal Reserve | 0 | Springing | 0 | |||||||||||
25 | Victory Village | 0 | Cash | Rent Concession Reserve | 26,746 | 0 | 0 | Cash | ||||||||||
26 | Hampton Inn & Suites Lenox | 240,000 | Cash | PIP Reserve | 100,000 | 0 | 0 | Cash | ||||||||||
27 | East Forest Plaza II | 0 | 0 | 0 | 0 | |||||||||||||
28 | San Rafael Self Storage | 0 | 0 | 0 | 0 | |||||||||||||
29 | All Storage Mustang Mini | 0 | 0 | 0 | 0 | |||||||||||||
30 | Marley Park Plaza | 0 | Cash | Bashas’ Reserve | 0 | 4,101 | 492,120 | Cash | ||||||||||
31 | English Oaks Apartments | 0 | 0 | 0 | 0 | |||||||||||||
32 | WMA Shadow Portfolio | 0 | 0 | 0 | 0 | |||||||||||||
32.01 | Spring Lake Town Center | |||||||||||||||||
32.02 | Metro Junction | |||||||||||||||||
32.03 | Center Stage at Winder |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||
Mortgage Loan Number | Property Name | 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) ($)(16)(21) | Other Escrow II (Monthly) ($) | Other Escrow II Cap ($) | Other Escrow II Escrow - Cash or LoC | |||||||||
33 | Larchmont Village Plaza | 0 | 0 | 0 | 0 | |||||||||||||
34 | Jordan Hospital Medical Office | 0 | Cash | 0 | 0 | 0 | ||||||||||||
35 | Shiloh Business Park | 0 | 0 | 0 | 0 | |||||||||||||
36 | Temescal Storage Center | 0 | 0 | 0 | 0 | |||||||||||||
37 | Storage Choice Sugar Land | 0 | 0 | 0 | 0 | |||||||||||||
38 | Chateau Villa Corp. | 0 | Cash | 0 | 0 | 0 | ||||||||||||
39 | Storage Choice Pearland | 0 | 0 | 0 | 0 | |||||||||||||
40 | Country Life MHP | 0 | 0 | 0 | 0 | |||||||||||||
41 | Western Square Shopping Center | 0 | Cash | 0 | 0 | 0 | ||||||||||||
42 | La Quinta - Lexington | 0 | 0 | 0 | 0 | |||||||||||||
43 | Brittany Estates | 0 | 0 | 0 | 0 | |||||||||||||
44 | All Storage Mustang SC | 0 | 0 | 0 | 0 | |||||||||||||
45 | StorQuest - Hollywood | 0 | 0 | 0 | 0 | |||||||||||||
46 | DAK Equities Corp. | 0 | 0 | 0 | 0 | |||||||||||||
47 | Comfort Suites - Wilmington | 0 | Cash | 0 | 0 | 0 | ||||||||||||
48 | Storage Depot - Regal Row | 0 | 0 | 0 | 0 | |||||||||||||
49 | Big Bend Storage | 0 | 0 | 0 | 0 | |||||||||||||
50 | Mark Twain Owners’ Corp. | 0 | 0 | 0 | 0 | |||||||||||||
51 | Town Lakes Self Storage | 0 | 0 | 0 | 0 | |||||||||||||
52 | Renaissance Park I | 0 | 0 | 0 | 0 | |||||||||||||
53 | Hidden Meadows, Inc. | 0 | Cash | 0 | 0 | 0 | ||||||||||||
54 | Storage Choice Stafford | 0 | 0 | 0 | 0 | |||||||||||||
55 | Walgreens - Albuquerque | 0 | 0 | 0 | 0 | |||||||||||||
56 | Kingsgate Village Apartments | 0 | 0 | 0 | 0 | |||||||||||||
57 | StorQuest - Kalihi | 0 | 0 | 0 | 0 | |||||||||||||
58 | Statewide Self Storage | 0 | 0 | 0 | 0 | |||||||||||||
59 | Storage Depot - Huebner Commons | 0 | 0 | 0 | 0 | |||||||||||||
60 | Storage Choice Clear Lake | 0 | 0 | 0 | 0 | |||||||||||||
61 | Saratoga Storage | 0 | 0 | 0 | 0 | |||||||||||||
62 | Storage Depot - McAllen | 0 | 0 | 0 | 0 | |||||||||||||
63 | Locust Street Owners Inc. | 0 | 0 | 0 | 0 | |||||||||||||
64 | Bridge Road Storage | 0 | 0 | 0 | 0 | |||||||||||||
65 | Midtown Manor Apartments, Ltd. | 0 | 0 | 0 | 0 | |||||||||||||
66 | Cedar River Estates MHC | 0 | 0 | 0 | 0 | |||||||||||||
67 | Elmhurst House, Inc. | 0 | 0 | 0 | 0 | |||||||||||||
68 | 270 King Street | 0 | Cash | 0 | 0 | 0 | ||||||||||||
69 | Storage Depot - Highway 77 | 0 | 0 | 0 | 0 | |||||||||||||
70 | 130 E. 94th Apartments Corp. | 0 | 0 | 0 | 0 | |||||||||||||
71 | 95 Sedgwick Owners Corp. | 0 | 0 | 0 | 0 | |||||||||||||
72 | Extra Space Palm Springs | 0 | 0 | 0 | 0 | |||||||||||||
73 | 2640 Marion Avenue Owners, Inc. | 0 | 0 | 0 | 0 | |||||||||||||
74 | Bedford Square Apartments | 0 | 0 | 0 | 0 | |||||||||||||
75 | Kentwood MHC | 0 | 0 | 0 | 0 | |||||||||||||
76 | Shops on Veterans | 0 | Cash | 0 | 0 | 0 | ||||||||||||
77 | Groff Studios Corp. | 0 | 0 | 0 | 0 | |||||||||||||
78 | 828 Fifth Avenue Owners Corp. | 0 | 0 | 0 | 0 | |||||||||||||
79 | Samuell Self Storage | 0 | 0 | 0 | 0 | |||||||||||||
80 | Clark Street Tenants Incorporated | 0 | 0 | 0 | 0 | |||||||||||||
81 | 61 Irving Place Corporation | 0 | 0 | 0 | 0 | |||||||||||||
82 | 444 East 87th Street Owners Corp. | 0 | 0 | 0 | 0 | |||||||||||||
83 | Longhorn Self Storage | 0 | 0 | 0 | 0 | |||||||||||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | 0 | 0 | 0 | 0 | |||||||||||||
85 | Cheney Center | 0 | 0 | 0 | 0 | |||||||||||||
86 | 323 West 83rd Owners Corp. | 0 | 0 | 0 | 0 | |||||||||||||
87 | Gibbons Commons Apartments | 0 | 0 | 0 | 0 | |||||||||||||
88 | Dollar General - Ocoee | 0 | 0 | 0 | 0 | |||||||||||||
89 | Trinity Arms Ltd. | 0 | 0 | 0 | 0 | |||||||||||||
90 | Garden Lofts Corp. | 0 | 0 | 0 | 0 | |||||||||||||
91 | Merritt Island MHC | 0 | 0 | 0 | 0 | |||||||||||||
92 | 256 West 21st Owners Corp. | 0 | 0 | 0 | 0 |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||
Mortgage Loan Number | Property Name | Other Escrow II - LoC Counterparty | Holdback ($) | Ownership Interest | Ground Lease Initial Expiration Date | Annual Ground Rent Payment | ||||||
1 | Bank of America Plaza | Fee | ||||||||||
2 | Crossings at Corona | Fee | ||||||||||
3 | Columbus Square Portfolio | Fee | ||||||||||
4 | DC Metro Mixed Use Portfolio | Fee | ||||||||||
4.01 | 920-928 Rhode Island Avenue | Fee | ||||||||||
4.02 | 875 N Street | Fee | ||||||||||
4.03 | 119-125 N. Washington Street | Fee | ||||||||||
4.04 | 2000 S Street | Fee | ||||||||||
4.05 | 717 6th Street NW | Fee | ||||||||||
4.06 | 700 King Street | Fee | ||||||||||
4.07 | 1330 U Street | Fee | ||||||||||
4.08 | 100 King Street | Fee | ||||||||||
4.09 | 301 Pennsylvania Avenue | Fee | ||||||||||
4.10 | 705 6th Street | Fee | ||||||||||
4.11 | 3343 Prospect Street | Fee | ||||||||||
4.12 | 856 Rockville Pike | Fee | ||||||||||
4.13 | 106 N. Washington Street | Fee | ||||||||||
4.14 | 438 Massachusetts Avenue | Fee | ||||||||||
4.15 | 1726 20th Street | Fee | ||||||||||
5 | Centennial Center & Two Century Center | Fee | ||||||||||
5.01 | Centennial Center | Fee | ||||||||||
5.02 | Two Century Tower | Fee | ||||||||||
6 | 677 Broadway | Fee | ||||||||||
7 | Homewood Suites - New Orleans | Fee | ||||||||||
8 | Culver City Office Portfolio | Fee/Leasehold | 1/31/2040 | $1,200 per parking space, up to 54 parking spaces | ||||||||
9 | Slatten Ranch Shopping Center | Fee | ||||||||||
10 | Simi Valley Shopping Center | Fee | ||||||||||
11 | Stratford at Hillcrest | Fee | ||||||||||
12 | Marriott Bakersfield | Fee | ||||||||||
13 | Pomona Ranch Plaza | Fee | ||||||||||
14 | Courtyard by Marriott - Orlando | Fee | ||||||||||
15 | The Shops at Starwood | Fee | ||||||||||
16 | The Shops at Pecos Ranch | Fee | ||||||||||
17 | Main Street & South Park | Fee | ||||||||||
17.01 | South Park | Fee | ||||||||||
17.02 | Main Street | Fee | ||||||||||
18 | Schlumberger Office | Fee | ||||||||||
19 | All Storage Hwy 66 | Fee | ||||||||||
20 | Corridors Deer Valley | Fee | ||||||||||
21 | BJ’s Wholesale Club - Jacksonville | Fee | ||||||||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | Fee | ||||||||||
22.01 | Fairfield Inn - Madison Heights | Fee | ||||||||||
22.02 | Holiday Inn Express - Flint | Fee | ||||||||||
23 | Gateway Plaza | Fee | ||||||||||
24 | Promenade Merced | Fee | ||||||||||
25 | Victory Village | Fee | ||||||||||
26 | Hampton Inn & Suites Lenox | Fee | ||||||||||
27 | East Forest Plaza II | Fee | ||||||||||
28 | San Rafael Self Storage | Fee | ||||||||||
29 | All Storage Mustang Mini | Fee | ||||||||||
30 | Marley Park Plaza | Fee | ||||||||||
31 | English Oaks Apartments | Fee | ||||||||||
32 | WMA Shadow Portfolio | Fee | ||||||||||
32.01 | Spring Lake Town Center | Fee | ||||||||||
32.02 | Metro Junction | Fee | ||||||||||
32.03 | Center Stage at Winder | Fee |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||
Mortgage Loan Number | Property Name | Other Escrow II - LoC Counterparty | Holdback ($) | Ownership Interest | Ground Lease Initial Expiration Date | Annual Ground Rent Payment | ||||||
33 | Larchmont Village Plaza | Fee | ||||||||||
34 | Jordan Hospital Medical Office | Leasehold | 11/15/2111 | $0 | ||||||||
35 | Shiloh Business Park | Fee | ||||||||||
36 | Temescal Storage Center | Fee | ||||||||||
37 | Storage Choice Sugar Land | Fee | ||||||||||
38 | Chateau Villa Corp. | Fee | ||||||||||
39 | Storage Choice Pearland | Fee | ||||||||||
40 | Country Life MHP | Fee | ||||||||||
41 | Western Square Shopping Center | Fee | ||||||||||
42 | La Quinta - Lexington | Fee | ||||||||||
43 | Brittany Estates | Fee | ||||||||||
44 | All Storage Mustang SC | Fee | ||||||||||
45 | StorQuest - Hollywood | Fee | ||||||||||
46 | DAK Equities Corp. | Fee | ||||||||||
47 | Comfort Suites - Wilmington | Leasehold | 10/1/2113 | $1 | ||||||||
48 | Storage Depot - Regal Row | Fee | ||||||||||
49 | Big Bend Storage | Fee | ||||||||||
50 | Mark Twain Owners’ Corp. | Fee | ||||||||||
51 | Town Lakes Self Storage | Fee | ||||||||||
52 | Renaissance Park I | Fee | ||||||||||
53 | Hidden Meadows, Inc. | Fee | ||||||||||
54 | Storage Choice Stafford | Fee | ||||||||||
55 | Walgreens - Albuquerque | Fee | ||||||||||
56 | Kingsgate Village Apartments | Fee | ||||||||||
57 | StorQuest - Kalihi | Fee | ||||||||||
58 | Statewide Self Storage | Fee | ||||||||||
59 | Storage Depot - Huebner Commons | Fee | ||||||||||
60 | Storage Choice Clear Lake | Fee | ||||||||||
61 | Saratoga Storage | Fee | ||||||||||
62 | Storage Depot - McAllen | Fee | ||||||||||
63 | Locust Street Owners Inc. | Fee | ||||||||||
64 | Bridge Road Storage | Fee | ||||||||||
65 | Midtown Manor Apartments, Ltd. | Fee | ||||||||||
66 | Cedar River Estates MHC | Fee | ||||||||||
67 | Elmhurst House, Inc. | Fee | ||||||||||
68 | 270 King Street | Fee | ||||||||||
69 | Storage Depot - Highway 77 | Fee | ||||||||||
70 | 130 E. 94th Apartments Corp. | Fee | ||||||||||
71 | 95 Sedgwick Owners Corp. | Fee | ||||||||||
72 | Extra Space Palm Springs | Fee | ||||||||||
73 | 2640 Marion Avenue Owners, Inc. | Fee | ||||||||||
74 | Bedford Square Apartments | Fee | ||||||||||
75 | Kentwood MHC | Fee | ||||||||||
76 | Shops on Veterans | Leasehold | 8/31/2029 | $198,000 | ||||||||
77 | Groff Studios Corp. | Fee | ||||||||||
78 | 828 Fifth Avenue Owners Corp. | Fee | ||||||||||
79 | Samuell Self Storage | Fee | ||||||||||
80 | Clark Street Tenants Incorporated | Fee | ||||||||||
81 | 61 Irving Place Corporation | Fee | ||||||||||
82 | 444 East 87th Street Owners Corp. | Fee | ||||||||||
83 | Longhorn Self Storage | Fee | ||||||||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | Fee | ||||||||||
85 | Cheney Center | Fee | ||||||||||
86 | 323 West 83rd Owners Corp. | Fee | ||||||||||
87 | Gibbons Commons Apartments | Fee | ||||||||||
88 | Dollar General - Ocoee | Fee | ||||||||||
89 | Trinity Arms Ltd. | Fee | ||||||||||
90 | Garden Lofts Corp. | Fee | ||||||||||
91 | Merritt Island MHC | Fee | ||||||||||
92 | 256 West 21st Owners Corp. | Fee |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Annual Ground Rent Increases | Lockbox | Whole Loan Cut- off Date Balance ($)(22) | Whole Loan Debt Service ($)(23) | Subordinate Secured Debt Original Balance ($)(24) | Subordinate Secured Debt Cut- off Date Balance ($)(25) | Whole Loan U/W NOI DSCR (x)(12)(23) | Whole Loan U/W NCF DSCR (x)(12)(23) | Whole Loan Cut-off Date LTV Ratio(8)(26) | Whole Loan Cut-off Date U/W NOI Debt Yield(12)(26) | Whole Loan Cut-off Date U/W NCF Debt Yield(12)(26) | Mezzanine Debt Cut-off Date Balance($)(27) | |||||||||||||
1 | Bank of America Plaza | Hard/Springing Cash Management | ||||||||||||||||||||||||
2 | Crossings at Corona | Hard/Springing Cash Management | ||||||||||||||||||||||||
3 | Columbus Square Portfolio | Hard/Upfront Cash Management | ||||||||||||||||||||||||
4 | DC Metro Mixed Use Portfolio | Hard/Springing Cash Management | ||||||||||||||||||||||||
4.01 | 920-928 Rhode Island Avenue | |||||||||||||||||||||||||
4.02 | 875 N Street | |||||||||||||||||||||||||
4.03 | 119-125 N. Washington Street | |||||||||||||||||||||||||
4.04 | 2000 S Street | |||||||||||||||||||||||||
4.05 | 717 6th Street NW | |||||||||||||||||||||||||
4.06 | 700 King Street | |||||||||||||||||||||||||
4.07 | 1330 U Street | |||||||||||||||||||||||||
4.08 | 100 King Street | |||||||||||||||||||||||||
4.09 | 301 Pennsylvania Avenue | |||||||||||||||||||||||||
4.10 | 705 6th Street | |||||||||||||||||||||||||
4.11 | 3343 Prospect Street | |||||||||||||||||||||||||
4.12 | 856 Rockville Pike | |||||||||||||||||||||||||
4.13 | 106 N. Washington Street | |||||||||||||||||||||||||
4.14 | 438 Massachusetts Avenue | |||||||||||||||||||||||||
4.15 | 1726 20th Street | |||||||||||||||||||||||||
5 | Centennial Center & Two Century Center | Hard/Springing Cash Management | ||||||||||||||||||||||||
5.01 | Centennial Center | |||||||||||||||||||||||||
5.02 | Two Century Tower | |||||||||||||||||||||||||
6 | 677 Broadway | Hard/Springing Cash Management | 3,350,000 | |||||||||||||||||||||||
7 | Homewood Suites - New Orleans | Springing (Without Established Account) | ||||||||||||||||||||||||
8 | Culver City Office Portfolio | Subject to increase based on FMV | Hard/Upfront Cash Management | |||||||||||||||||||||||
9 | Slatten Ranch Shopping Center | Soft/Springing Cash Management | ||||||||||||||||||||||||
10 | Simi Valley Shopping Center | Springing (Without Established Account) | ||||||||||||||||||||||||
11 | Stratford at Hillcrest | Soft/Springing Cash Management | ||||||||||||||||||||||||
12 | Marriott Bakersfield | Springing (Without Established Account) | ||||||||||||||||||||||||
13 | Pomona Ranch Plaza | Hard/Springing Cash Management | ||||||||||||||||||||||||
14 | Courtyard by Marriott - Orlando | Springing (Without Established Account) | ||||||||||||||||||||||||
15 | The Shops at Starwood | None | ||||||||||||||||||||||||
16 | The Shops at Pecos Ranch | None | ||||||||||||||||||||||||
17 | Main Street & South Park | Hard/Springing Cash Management | ||||||||||||||||||||||||
17.01 | South Park | |||||||||||||||||||||||||
17.02 | Main Street | |||||||||||||||||||||||||
18 | Schlumberger Office | Hard/Springing Cash Management | ||||||||||||||||||||||||
19 | All Storage Hwy 66 | Springing (Without Established Account) | ||||||||||||||||||||||||
20 | Corridors Deer Valley | Soft/Springing Cash Management | ||||||||||||||||||||||||
21 | BJ’s Wholesale Club - Jacksonville | Hard/Springing Cash Management | ||||||||||||||||||||||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | Springing (Without Established Account) | ||||||||||||||||||||||||
22.01 | Fairfield Inn - Madison Heights | |||||||||||||||||||||||||
22.02 | Holiday Inn Express - Flint | |||||||||||||||||||||||||
23 | Gateway Plaza | Hard/Springing Cash Management | ||||||||||||||||||||||||
24 | Promenade Merced | Springing (Without Established Account) | ||||||||||||||||||||||||
25 | Victory Village | Springing (Without Established Account) | ||||||||||||||||||||||||
26 | Hampton Inn & Suites Lenox | Springing (Without Established Account) | ||||||||||||||||||||||||
27 | East Forest Plaza II | Springing (Without Established Account) | ||||||||||||||||||||||||
28 | San Rafael Self Storage | Springing (Without Established Account) | ||||||||||||||||||||||||
29 | All Storage Mustang Mini | Springing (Without Established Account) | ||||||||||||||||||||||||
30 | Marley Park Plaza | Soft/Springing Cash Management | ||||||||||||||||||||||||
31 | English Oaks Apartments | Springing (Without Established Account) | ||||||||||||||||||||||||
32 | WMA Shadow Portfolio | None | ||||||||||||||||||||||||
32.01 | Spring Lake Town Center | |||||||||||||||||||||||||
32.02 | Metro Junction | |||||||||||||||||||||||||
32.03 | Center Stage at Winder |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||||||||||||||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||
Mortgage Loan Number | Property Name | Annual Ground Rent Increases | Lockbox | Whole Loan Cut- off Date Balance ($)(22) | Whole Loan Debt Service ($)(23) | Subordinate Secured Debt Original Balance ($)(24) | Subordinate Secured Debt Cut- off Date Balance ($)(25) | Whole Loan U/W NOI DSCR (x)(12)(23) | Whole Loan U/W NCF DSCR (x)(12)(23) | Whole Loan Cut-off Date LTV Ratio(8)(26) | Whole Loan Cut-off Date U/W NOI Debt Yield(12)(26) | Whole Loan Cut-off Date U/W NCF Debt Yield(12)(26) | Mezzanine Debt Cut-off Date Balance($)(27) | |||||||||||||
33 | Larchmont Village Plaza | None | ||||||||||||||||||||||||
34 | Jordan Hospital Medical Office | NAP | Springing (Without Established Account) | 2,290,672 | ||||||||||||||||||||||
35 | Shiloh Business Park | Springing (Without Established Account) | ||||||||||||||||||||||||
36 | Temescal Storage Center | Springing (Without Established Account) | ||||||||||||||||||||||||
37 | Storage Choice Sugar Land | Springing (Without Established Account) | ||||||||||||||||||||||||
38 | Chateau Villa Corp. | None | 6,000,000 | 25,120 | 500,000 | 0 | 4.12 | 4.12 | 18.5% | 20.7% | 20.7% | |||||||||||||||
39 | Storage Choice Pearland | Springing (Without Established Account) | ||||||||||||||||||||||||
40 | Country Life MHP | None | ||||||||||||||||||||||||
41 | Western Square Shopping Center | None | ||||||||||||||||||||||||
42 | La Quinta - Lexington | Hard/Springing Cash Management | ||||||||||||||||||||||||
43 | Brittany Estates | Springing (Without Established Account) | ||||||||||||||||||||||||
44 | All Storage Mustang SC | Springing (Without Established Account) | ||||||||||||||||||||||||
45 | StorQuest - Hollywood | None | ||||||||||||||||||||||||
46 | DAK Equities Corp. | None | 5,000,000 | 16,998 | 1,000,000 | 0 | 8.96 | 8.96 | 7.8% | 36.5% | 36.5% | |||||||||||||||
47 | Comfort Suites - Wilmington | NAP | Springing (Without Established Account) | |||||||||||||||||||||||
48 | Storage Depot - Regal Row | None | ||||||||||||||||||||||||
49 | Big Bend Storage | None | ||||||||||||||||||||||||
50 | Mark Twain Owners’ Corp. | None | ||||||||||||||||||||||||
51 | Town Lakes Self Storage | None | ||||||||||||||||||||||||
52 | Renaissance Park I | Springing (Without Established Account) | ||||||||||||||||||||||||
53 | Hidden Meadows, Inc. | None | 4,000,000 | 18,499 | 500,000 | 0 | 4.37 | 4.37 | 33.3% | 24.3% | 24.3% | |||||||||||||||
54 | Storage Choice Stafford | Springing (Without Established Account) | ||||||||||||||||||||||||
55 | Walgreens - Albuquerque | Springing (Without Established Account) | ||||||||||||||||||||||||
56 | Kingsgate Village Apartments | None | ||||||||||||||||||||||||
57 | StorQuest - Kalihi | None | ||||||||||||||||||||||||
58 | Statewide Self Storage | None | ||||||||||||||||||||||||
59 | Storage Depot - Huebner Commons | None | ||||||||||||||||||||||||
60 | Storage Choice Clear Lake | Springing (Without Established Account) | ||||||||||||||||||||||||
61 | Saratoga Storage | None | ||||||||||||||||||||||||
62 | Storage Depot - McAllen | None | ||||||||||||||||||||||||
63 | Locust Street Owners Inc. | None | 2,746,676 | 12,880 | 250,000 | 0 | 2.97 | 2.97 | 30.6% | 16.7% | 16.7% | |||||||||||||||
64 | Bridge Road Storage | None | ||||||||||||||||||||||||
65 | Midtown Manor Apartments, Ltd. | None | 2,900,000 | 13,208 | 500,000 | 0 | 8.42 | 8.42 | 7.1% | 46.0% | 46.0% | |||||||||||||||
66 | Cedar River Estates MHC | None | ||||||||||||||||||||||||
67 | Elmhurst House, Inc. | None | 2,896,809 | 13,248 | 500,000 | 0 | 6.09 | 6.09 | 15.2% | 33.4% | 33.4% | |||||||||||||||
68 | 270 King Street | Springing (Without Established Account) | ||||||||||||||||||||||||
69 | Storage Depot - Highway 77 | None | ||||||||||||||||||||||||
70 | 130 E. 94th Apartments Corp. | None | 3,296,942 | 14,460 | 1,000,000 | 0 | 4.20 | 4.20 | 9.7% | 22.1% | 22.1% | |||||||||||||||
71 | 95 Sedgwick Owners Corp. | None | 2,697,075 | 12,293 | 500,000 | 0 | 3.40 | 3.40 | 38.5% | 18.6% | 18.6% | |||||||||||||||
72 | Extra Space Palm Springs | Springing (Without Established Account) | ||||||||||||||||||||||||
73 | 2640 Marion Avenue Owners, Inc. | None | 2,200,000 | 10,239 | 200,000 | 0 | 3.15 | 3.15 | 27.7% | 17.6% | 17.6% | |||||||||||||||
74 | Bedford Square Apartments | None | ||||||||||||||||||||||||
75 | Kentwood MHC | Springing (Without Established Account) | ||||||||||||||||||||||||
76 | Shops on Veterans | Adjusted on 9/1/2014 and every five years thereafter to 1.1x the rent in effect prior to adjustment | Springing (Without Established Account) | |||||||||||||||||||||||
77 | Groff Studios Corp. | None | 2,450,000 | 8,332 | 600,000 | 0 | 12.00 | 12.00 | 7.9% | 49.0% | 49.0% | |||||||||||||||
78 | 828 Fifth Avenue Owners Corp. | None | 2,300,000 | 10,344 | 500,000 | 0 | 15.53 | 15.53 | 2.8% | 83.8% | 83.8% | |||||||||||||||
79 | Samuell Self Storage | None | ||||||||||||||||||||||||
80 | Clark Street Tenants Incorporated | None | 1,850,000 | 7,722 | 250,000 | 0 | 10.38 | 10.38 | 3.6% | 52.0% | 52.0% | |||||||||||||||
81 | 61 Irving Place Corporation | None | 2,597,872 | 11,118 | 1,000,000 | 350,000 | 10.66 | 10.66 | 4.8% | 54.8% | 54.8% | |||||||||||||||
82 | 444 East 87th Street Owners Corp. | None | 2,050,000 | 8,336 | 500,000 | 0 | 5.17 | 5.17 | 17.0% | 25.2% | 25.2% | |||||||||||||||
83 | Longhorn Self Storage | None | ||||||||||||||||||||||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | None | 1,750,000 | 6,014 | 250,000 | 0 | 25.78 | 25.78 | 3.6% | 106.3% | 106.3% | |||||||||||||||
85 | Cheney Center | Springing (Without Established Account) | ||||||||||||||||||||||||
86 | 323 West 83rd Owners Corp. | None | 1,750,000 | 8,086 | 250,000 | 0 | 5.81 | 5.81 | 8.8% | 32.2% | 32.2% | |||||||||||||||
87 | Gibbons Commons Apartments | Springing (Without Established Account) | ||||||||||||||||||||||||
88 | Dollar General - Ocoee | Springing (Without Established Account) | ||||||||||||||||||||||||
89 | Trinity Arms Ltd. | None | 1,548,338 | 7,082 | 300,000 | 0 | 2.80 | 2.80 | 34.0% | 15.4% | 15.4% | |||||||||||||||
90 | Garden Lofts Corp. | None | 1,700,000 | 7,479 | 500,000 | 0 | 12.60 | 12.60 | 5.9% | 66.5% | 66.5% | |||||||||||||||
91 | Merritt Island MHC | None | ||||||||||||||||||||||||
92 | 256 West 21st Owners Corp. | None | 1,198,670 | 5,550 | 200,000 | 0 | 8.98 | 8.98 | 5.6% | 49.9% | 49.9% |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||
Mortgage Loan Number | Property Name | Sponsor(28) | Affiliated Sponsors | Mortgage Loan Number | ||||
1 | Bank of America Plaza | Brookfield Office Properties Inc. | 1 | |||||
2 | Crossings at Corona | Castle & Cooke, Inc.; Castle & Cooke Westlake Holdings, LLC; Murdock Realty, LLC | 2 | |||||
3 | Columbus Square Portfolio | Jacob Chetrit; Laurence Gluck | 3 | |||||
4 | DC Metro Mixed Use Portfolio | Douglas Development Corporation | 4 | |||||
4.01 | 920-928 Rhode Island Avenue | 4.01 | ||||||
4.02 | 875 N Street | 4.02 | ||||||
4.03 | 119-125 N. Washington Street | 4.03 | ||||||
4.04 | 2000 S Street | 4.04 | ||||||
4.05 | 717 6th Street NW | 4.05 | ||||||
4.06 | 700 King Street | 4.06 | ||||||
4.07 | 1330 U Street | 4.07 | ||||||
4.08 | 100 King Street | 4.08 | ||||||
4.09 | 301 Pennsylvania Avenue | 4.09 | ||||||
4.10 | 705 6th Street | 4.1 | ||||||
4.11 | 3343 Prospect Street | 4.11 | ||||||
4.12 | 856 Rockville Pike | 4.12 | ||||||
4.13 | 106 N. Washington Street | 4.13 | ||||||
4.14 | 438 Massachusetts Avenue | 4.14 | ||||||
4.15 | 1726 20th Street | 4.15 | ||||||
5 | Centennial Center & Two Century Center | Cyrus Sakhai | 5 | |||||
5.01 | Centennial Center | 5.01 | ||||||
5.02 | Two Century Tower | 5.02 | ||||||
6 | 677 Broadway | Saul Friedman; Barry Friedman | 6 | |||||
7 | Homewood Suites - New Orleans | Apple Hospitality REIT, Inc. | 7 | |||||
8 | Culver City Office Portfolio | Frederick N. Smith; Laurie M. Smith | 8 | |||||
9 | Slatten Ranch Shopping Center | Mark S. Carter; Leland S. Kraemer; Fred T. Kroger | 9 | |||||
10 | Simi Valley Shopping Center | Sam Shakib | 10 | |||||
11 | Stratford at Hillcrest | RealSource Property Consulting, LLC | 11 | |||||
12 | Marriott Bakersfield | Richard Deihl | 12 | |||||
13 | Pomona Ranch Plaza | Justin Huang; Shun-Hsing Lu | 13 | |||||
14 | Courtyard by Marriott - Orlando | Jeffrey Soffer | 14 | |||||
15 | The Shops at Starwood | Whitestone REIT Operating Partnership, L.P. | Y-Group A | 15 | ||||
16 | The Shops at Pecos Ranch | Whitestone REIT Operating Partnership, L.P. | Y-Group A | 16 | ||||
17 | Main Street & South Park | Daniel Abramson; Paul Cleeman; Abramson Family Limited Partnership | 17 | |||||
17.01 | South Park | 17.01 | ||||||
17.02 | Main Street | 17.02 | ||||||
18 | Schlumberger Office | Deane Earl Ross | 18 | |||||
19 | All Storage Hwy 66 | Jay Schuminsky | Y-Group B | 19 | ||||
20 | Corridors Deer Valley | Michael S. Adler | 20 | |||||
21 | BJ’s Wholesale Club - Jacksonville | Richard Kassis | 21 | |||||
22 | Holiday Inn Express - Flint and Fairfield Inn Madison | Akram Namou; Malik Abdulnoor | 22 | |||||
22.01 | Fairfield Inn - Madison Heights | 22.01 | ||||||
22.02 | Holiday Inn Express - Flint | 22.02 | ||||||
23 | Gateway Plaza | Tryperion RE Fund I, L.P. | 23 | |||||
24 | Promenade Merced | Warren W. Wainwright; Warren W. Wainwright and Susan F. Wainwright, Trustees of The 1998 WSW Family Trust | 24 | |||||
25 | Victory Village | NADG US Supermarket Anchored Fund (U.S.) Limited Partnership; NADG US Supermarket Anchored Fund (Canadian) Limited Partnership | 25 | |||||
26 | Hampton Inn & Suites Lenox | Joseph M. Toole; Lynn M. Toole | 26 | |||||
27 | East Forest Plaza II | Ralph R. Rocca | 27 | |||||
28 | San Rafael Self Storage | Kent D. Swisher individually and as trustee of The Kent D. Swisher and Linda F. Swisher Trust; Linda Swisher as trustee of The Kent D. Swisher and Linda F. Swisher Trust | 28 | |||||
29 | All Storage Mustang Mini | Jay Schuminsky | Y-Group B | 29 | ||||
30 | Marley Park Plaza | Kulwant Singh Sarai | 30 | |||||
31 | English Oaks Apartments | Richard E. James | 31 | |||||
32 | WMA Shadow Portfolio | Stanley Werb; Jonathan Gaines | 32 | |||||
32.01 | Spring Lake Town Center | 32.01 | ||||||
32.02 | Metro Junction | 32.02 | ||||||
32.03 | Center Stage at Winder | 32.03 |
WFRBS Commercial Mortgage Trust 2014-C23 | ||||||||
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||
Mortgage Loan Number | Property Name | Sponsor(28) | Affiliated Sponsors | Mortgage Loan Number | ||||
33 | Larchmont Village Plaza | Ronald A. Simms | 33 | |||||
34 | Jordan Hospital Medical Office | Inland Private Capital Corporation | 34 | |||||
35 | Shiloh Business Park | Paul Butler; Robert Weiss; Patricia Weiss | 35 | |||||
36 | Temescal Storage Center | Myron C. Sukut individually and as trustee of The Myron C. Sukut Trust; Robert L. Benner, Jr. and Barbara A. Benner individually and as trustees of the Benner Family Trust | 36 | |||||
37 | Storage Choice Sugar Land | Paul A. Glover; Ladd 1998 Real Properties, Ltd. | Y-Group C | 37 | ||||
38 | Chateau Villa Corp. | NAP | 38 | |||||
39 | Storage Choice Pearland | Paul A. Glover; Ladd 1998 Real Properties, Ltd. | Y-Group C | 39 | ||||
40 | Country Life MHP | McKay Florence; McKay Florence, Trustee of the McKay and Laree Florence Revocable Trust Dated January 6, 1997; Ralph Beatty; Ralph Beatty, Trustee of the Ralph and Barbara Beatty Trust, Dated October 22, 1998 | 40 | |||||
41 | Western Square Shopping Center | Fritz R. McPhail | 41 | |||||
42 | La Quinta - Lexington | Vinu J. Patel; R.J. Patel; Sunil Patel; Bimal V. Patel | 42 | |||||
43 | Brittany Estates | RHP Properties | 43 | |||||
44 | All Storage Mustang SC | Jay Schuminsky | Y-Group B | 44 | ||||
45 | StorQuest - Hollywood | Clark Porter; Tim Hobin; William Hobin | Y-Group F | 45 | ||||
46 | DAK Equities Corp. | NAP | 46 | |||||
47 | Comfort Suites - Wilmington | 47 | ||||||
48 | Storage Depot - Regal Row | John Troy Drennan | Y-Group D | 48 | ||||
49 | Big Bend Storage | Benjamin S. Macfarland III and Todd C. Marshall | Y-Group E | 49 | ||||
50 | Mark Twain Owners’ Corp. | NAP | 50 | |||||
51 | Town Lakes Self Storage | Benjamin S. Macfarland III and Todd C. Marshall | Y-Group E | 51 | ||||
52 | Renaissance Park I | Raiford Trask III; Bruce A. Chappell, Jr; Daniel S. Shiff | 52 | |||||
53 | Hidden Meadows, Inc. | NAP | 53 | |||||
54 | Storage Choice Stafford | Paul A. Glover; Ladd 1998 Real Properties, Ltd. | Y-Group C | 54 | ||||
55 | Walgreens - Albuquerque | Alice L. Griffith | 55 | |||||
56 | Kingsgate Village Apartments | Andrea Russin | 56 | |||||
57 | StorQuest - Kalihi | Clark Porter; Tim Hobin; William Hobin | Y-Group F | 57 | ||||
58 | Statewide Self Storage | James R. Patterson | 58 | |||||
59 | Storage Depot - Huebner Commons | John Troy Drennan | Y-Group D | 59 | ||||
60 | Storage Choice Clear Lake | Paul A. Glover; Ladd 1998 Real Properties, Ltd. | Y-Group C | 60 | ||||
61 | Saratoga Storage | Ryan Bybee; Nathan Ricks | 61 | |||||
62 | Storage Depot - McAllen | John Troy Drennan | Y-Group D | 62 | ||||
63 | Locust Street Owners Inc. | NAP | 63 | |||||
64 | Bridge Road Storage | Benjamin S. Macfarland III and Todd C. Marshall | Y-Group E | 64 | ||||
65 | Midtown Manor Apartments, Ltd. | NAP | 65 | |||||
66 | Cedar River Estates MHC | Mark A. Thomas; Paul F. Thomas | 66 | |||||
67 | Elmhurst House, Inc. | NAP | 67 | |||||
68 | 270 King Street | Kenneth Schechter; Lior Evan | 68 | |||||
69 | Storage Depot - Highway 77 | John Troy Drennan | Y-Group D | 69 | ||||
70 | 130 E. 94th Apartments Corp. | NAP | 70 | |||||
71 | 95 Sedgwick Owners Corp. | NAP | 71 | |||||
72 | Extra Space Palm Springs | Corporate Property Associates 17 - Global Incorporated | 72 | |||||
73 | 2640 Marion Avenue Owners, Inc. | NAP | 73 | |||||
74 | Bedford Square Apartments | Jeffrey D. Kaftan | 74 | |||||
75 | Kentwood MHC | Daniel Williamson; Alexandra Williamson | 75 | |||||
76 | Shops on Veterans | Victory Real Estate Investments, LLC | 76 | |||||
77 | Groff Studios Corp. | NAP | 77 | |||||
78 | 828 Fifth Avenue Owners Corp. | NAP | 78 | |||||
79 | Samuell Self Storage | Gary Jacobs; Jack Durliat | Y-Group G | 79 | ||||
80 | Clark Street Tenants Incorporated | NAP | 80 | |||||
81 | 61 Irving Place Corporation | NAP | 81 | |||||
82 | 444 East 87th Street Owners Corp. | NAP | 82 | |||||
83 | Longhorn Self Storage | Gary Jacobs; Jack Durliat | Y-Group G | 83 | ||||
84 | 40 W. 22nd St. Tenants Cooperative Corp. | NAP | 84 | |||||
85 | Cheney Center | John Cheney Curtis Mathes | 85 | |||||
86 | 323 West 83rd Owners Corp. | NAP | 86 | |||||
87 | Gibbons Commons Apartments | Peter Gfroerer | 87 | |||||
88 | Dollar General - Ocoee | Elias Behar-Ybarra | 88 | |||||
89 | Trinity Arms Ltd. | NAP | 89 | |||||
90 | Garden Lofts Corp. | NAP | 90 | |||||
91 | Merritt Island MHC | Lewis Bruce Jones | 91 | |||||
92 | 256 West 21st Owners Corp. | NAP | 92 |
WFRBS Commercial Mortgage Trust 2014-C23 | ||
FOOTNOTES TO ANNEX A |
See “Annex D: Additional Mortgage Loan Information/Definitions” in the Free Writing Prospectus for additional information on all mortgage loans and “Annex B: Top Fifteen Loan Summaries” in the Free Writing Prospectus. | ||||||||||
(1) | “WFB” denotes Wells Fargo Bank, National Association, “RBS” denotes The Royal Bank of Scotland plc and RBS Financial Products Inc. (“RBSFP”), “LIG I” denotes Liberty Island Group I LLC, “CIIICM” denotes C-III Commercial Mortgage LLC, and “Basis” denotes Basis Real Estate Capital II, LLC. RBSFP was the originator of mortgage loan #12 (Marriott Bakersfield) and mortgage loan #35 (Shiloh Business Park). The Royal Bank of Scotland plc was the sole originator of all other RBS loans. | |||||||||
(2) | For mortgage loan #3 (Columbus Square Portfolio), the Number of Units includes 275,957 square feet of retail space, 109,823 square feet of office and other space and 108,444 square feet of parking space on a lease that expires April 30, 2029. | |||||||||
For mortgage loan #4 (DC Metro Mixed Used Portfolio), the Number of Units includes 80,742 square feet of office space, 64,293 square feet of retail space, and 13,086 square feet of multifamily space. | ||||||||||
For mortgage loan #15 (The Shops at Starwood), the Number of Units includes 44,923 square feet of retail space and 10,462 square feet of office space. | ||||||||||
For mortgage loan #17 (Main Street & South Park), the Main Street mortgaged property consists of 20,342 square feet of office space and 19,042 square feet of retail space. | ||||||||||
For mortgage loan #24 (Promenade Merced), the Number of Units includes 32,314 square feet of retail space and 25,680 square feet of office space. | ||||||||||
For mortgage loan #40 (Country Life MHP), the related mortgaged property consists of 154 mobile home sites, 152 RV sites and one apartment unit. | ||||||||||
For mortgage loan #44 (All Storage Mustang SC), the Number of Units includes 94,815 square feet of self storage space and 22,504 square feet of retail space. | ||||||||||
(3) | For mortgage loan #1 (Bank of America Plaza), the mortgage loan represents Note A-2 of three pari passu companion loans, which have a combined Cut-off Date principal balance of $400,000,000. Note A-1 and Note A-3 are not 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 (“Bank of America Plaza Loan Combination”). The Note A-2 mortgage loan is a non-controlling interest in Bank of America Plaza Loan Combination. | |||||||||
For mortgage loan #2 (Crossings at Corona), the mortgage loan represents Note A-1 of two pari passu companion loans, which have a combined Cut-off Date principal balance of $145,000,000. Note A-2 is not 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 (“Crossings at Corona Loan Combination”). The Note A-1 mortgage loan is the controlling interest in the Crossings at Corona Loan Combination. | ||||||||||
For mortgage loan #3 (Columbus Square Portfolio), the mortgage loan represents Note A-3 of four pari passu companion loans, which have a combined Cut-off Date principal balance of $400,000,000. Note A-1, Note A-2 and Note A-4 are not 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 (“Columbus Square Portfolio Loan Combination”). The Note A-3 mortgage loan is a non-controlling interest in the Columbus Square Portfolio Loan Combination. | ||||||||||
(4) | With respect to mortgage loans #10 (Simi Valley Shopping Center), #11 (Stratford at Hillcrest), #12 (Marriott Bakersfield), #13 (Pomona Ranch Plaza), #17 (Main Street & South Park), #18 (Schlumberger Office), #37 (Storage Choice Sugar Land), #38 (Chateau Villa Corp.), #39 (Storage Choice Pearland), #42 (La Quinta - Lexington), #47 (Comfort Suites - Wilmington), #53 (Hidden Meadows, Inc.), #54 (Storage Choice Stafford), #60 (Storage Choice Clear Lake), #82 (444 East 87th Street Owners Corp.), and #85 (Cheney Center), due to the timing of the first payment of debt service in November, 2014, one month of interest will be deposited with the applicable master servicer on the closing date and represents the interest accrued during the month of September. As such, the mortgage loans are shown as having a First Pay Date of interest-only in October 2014 and Original Term to Maturity of 121 months with the exception of loan #12 (Marriott at Bakersfield), which has an Original Term to Maturity of 61 months. In addition, the mortgage loans are reflected as prohibiting prepayment prior to the first payment of debt service in November, 2014. | |||||||||
(5) | For mortgage loan #72 (Extra Space Palm Springs), the borrower is not required to pay any late charge (i) with respect to the first two delinquent payments during any 12 month calendar period or (ii) with respect to the first two delinquent payments following any change by lender to the Monthly Debt Service Payment Amount following notice of such change, however, the borrower is subject to default interest for any delinquent payments. | |||||||||
(6) | For mortgage loan #3 (Columbus Square Portfolio), the borrower is required to pay a yield maintenance premium if the partial release occurs prior to the lockout release date. | |||||||||
For mortgage loan #34 (Jordan Hospital Medical Office), the yield maintenance premium is calculated based on an amount equal to the greater of: (i) 1% of any applicable prepayment; and (ii) the sum of the present values, using a discount rate equal to 50 basis points plus a periodic Treasury yield, of principal and interest payments. | ||||||||||
(7) | For mortgage loan #4 (DC Metro Mixed Use Portfolio), the Appraised Value assumes the completion of certain new tenant renovations as of June 1, 2016. Cut-off Date LTV Ratio and LTV Ratio at Maturity were calculated assuming the renovations have been completed. The Cut-off Date LTV Ratio and LTV Ratio at Maturity, assuming the renovations have not been completed and based on an as-is appraised value of $82,050,000, are 77.4% and 67.9%, respectively. | |||||||||
(8) | With respect to the mortgage loans secured by residential cooperative properties, the as-is appraised value of each mortgaged property is the appraised value of such mortgaged property assuming such mortgaged property is operated as a residential cooperative. | |||||||||
(9) | The Coop - Rental Value of a residential cooperative property is the appraised value of such mortgaged property assuming such mortgaged property is operated as a multifamily rental property. |
WFRBS Commercial Mortgage Trust 2014-C23 | ||
FOOTNOTES TO ANNEX A |
(10) | Coop - Sponsor Units refers to the number of units owned by the original sponsor responsible for the mortgaged property’s conversion into cooperative ownership. A sponsor may rent its units or opt to market them for sale (either individually or as a whole). Coop - Investor Units refers to a bulk number of units owned by a non-tenant investor(s), who can rent or sell the units. Coop - Coop Units refers to the number of units owned by the borrower, which is a cooperative corporation. In this capacity, the cooperative may manage its units as an investor would or use the units for the benefit of its cooperative members. Coop – Unsold Percent refers to the ratio of the total number of units collectively owned by the original sponsor, a non-tenant investor or the cooperative corporation to the number of units with shares allocated. Coop - Sponsor/Investor Carry is the sponsor’s or the investor’s net cash flow calculated by subtracting maintenance charges on the sponsor or investor owned units from the actual rents payable on such units, to the extent available. | |||||||||
(11) | With respect to the mortgage loans secured by residential cooperative properties, the Coop - Committed Secondary Debt equals the balance of any subordinate line of credit mortgage loan (the “Subordinate LOC”), based on the full face amount of the Subordinate LOC. | |||||||||
(12) | For purposes of determining the debt service coverage ratio and debt yield for a residential cooperative mortgage loan, the U/W NCF and the U/W NOI for a residential cooperative property is the projected net cash flow reflected in an appraisal of such residential cooperative property. Accordingly, U/W Revenues, U/W Expenses, U/W Net Operating Income, U/W Replacement and U/W Net Cash Flow are derived from the appraisal. | |||||||||
(13) | With respect to the residential cooperative mortgage loans, the Occupancy Rate reported reflects the property vacancy assumption in the related appraisal for purposes of determining the Appraised Value of the related mortgaged property as a multifamily rental property (i.e., the Coop - Rental Value). Additionally, the Occupancy as-of Date reflects the appraisal valuation date for such loans. | |||||||||
(14) | The Most Recent NOI, Second Most Recent NOI, Third Most Recent NOI, and the related fields shown for the mortgage loans secured by residential cooperative properties are “NAP”. Residential cooperatives are not-for-profit entities that set maintenance fees to cover current expenses and plan for future capital needs. A residential cooperative can increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves. The historical NOI figures are not representative of the cash flow generated by the property if it were operated as a multifamily rental property. | |||||||||
(15) | For mortgage loan #4 (DC Metro Mixed Use Portfolio), the largest tenant (40,746 square feet), representing 28.1% of net rentable square feet has multiple leases that expire as follows: 20,109 square feet expiring November 30,2017; 20,637 square feet expiring January 31, 2025. | |||||||||
For mortgage loan #8 (Culver City Office Portfolio), the second largest tenant (17,355 square feet), representing 18.5% of net rentable square feet, offers its space to clients to use under service agreements. Currently the second largest tenant has service agreements with two clients for 10,608 square feet and 6,161 square feet. The second largest tenant has multiple leases expiring as follows: 11,780 square feet expire September 30, 2015; 5,575 square feet expire August 31, 2018. The fourth largest tenant (8,160 square feet), representing 8.7% of net rentable square feet, is subleasing its entire space to the fifth largest tenant. | ||||||||||
For mortgage loan #24 (Promenade Merced), the largest tenant (17,812 square feet), representing 31.7% of net rentable square feet has multiple leases expiring as follows: 13,315 square feet expire June 30, 2018; 4,497 square feet expire June 30, 2020. | ||||||||||
For mortgage loan #34 (Jordan Hospital Medical Office), the only tenant (30,803 square feet), representing 100% of net rentable square feet, is building out 4,756 square feet of its space for sublease tenants. | ||||||||||
For mortgage loan #35 (Shiloh Business Park), the second largest tenant (8,760 square feet), representing 13.6% of net rentable square feet has multiple leases that expire as follows: 960 square feet expiring March 5, 2015; 850 square feet expiring March 31, 2015; 1,160 square feet expiring April 30, 2015; 1,930 square feet expiring May 31, 2016; 1,930 square feet expiring June 30, 2016; 1,930 square feet expiring May 31, 2017. | ||||||||||
(16) | 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. The tenant leases discussed in this footnote are not intended to be an exclusive list. In particular, the tenant leases mentioned below are generally included only for top five tenants by net rentable square feet. | |||||||||
For mortgage loan #1 (Bank of America Plaza), the fifth largest tenant (81,094 square feet), representing 5.7% of net rentable square feet, has abated rent through June 2015. There is a $472,505 reserve representing the outstanding rent abatement. | ||||||||||
For mortgage loan #2 (Crossings at Corona), Barnes & Noble (25,023 square feet), representing 3.0% of net rentable square feet, has a lease that expires in January 2015 and is currently in its lease renewal notice period. The tenant has been underwritten as vacant. The Occupancy Rate including this tenant is 96.9%. | ||||||||||
For mortgage loan #5 (Centennial Center & Two Century Center), the fourth largest tenant (24,810 square feet), representing 5.0% of net rentable square feet, has executed a lease but has not taken occupancy. The fourth largest tenant is expected to take occupancy in January 2015. There is a $1,648,889 reserve to cover outstanding tenant improvements and leasing commissions at this property. | ||||||||||
For mortgage loan #8 (Culver City Office Portfolio), the largest tenant (24,384 square feet), representing 25.9% of net rentable square feet, has seven months of rent abatement, up to 50% for each month, on 4,021 square feet in June 2015, June 2016, December 2018, June 2019, December 2019, June 2020 and December 2020. The fourth and fifth largest tenants (8,160 and 5,597 square feet, respectively), representing 14.6% of net rentable square feet, are expected to vacate at the end of their respective lease terms. Two borrower related tenants have executed leases, guaranteed by the Sponsor, which will replace the fourth and fifth largest tenants. | ||||||||||
For mortgage loan #15 (The Shops at Starwood), the largest tenant (7,212 square feet), representing 13.0% of net rentable square feet, will reduce its space by 1,804 square feet as of November 2014. The reduced space has been underwritten as vacant. The largest tenant has a rent abatement in November 2014 and January 2015. There is a $8,585 reserve representing the outstanding rent abatement. | ||||||||||
For mortgage loan #20 (Corridors Deer Valley), the largest tenant (41,070 square feet), representing 25.0% of net rentable square feet, has executed a lease but is not in occupancy or paying rent. The largest tenant is anticipated to begin paying rent in December 2014. There is a $264,901 reserve representing four months of base rent and a $431,000 reserve representing the outstanding tenant improvements related to the largest tenant. | ||||||||||
For mortgage loan #23 (Gateway Plaza), the largest tenant (80,000 square feet), representing 57.8% of net rentable square feet, has a rent abatement through November 2014. There is a $80,000 reserve representing the outstanding rent abatement. |
WFRBS Commercial Mortgage Trust 2014-C23 | ||
FOOTNOTES TO ANNEX A |
For mortgage loan #24 (Promenade Merced), the largest tenant (17,812 square feet), representing 31.7% of net rentable square feet, has executed a lease and is paying rent, but is not occupying 2,257 square feet of its space. | ||||||||||
For mortgage loan #25 (Victory Village), the second largest tenant (4,175 square feet), representing 5.9% of net rentable square feet, has given notice of its intent to terminate its lease, effective November 2014. A replacement tenant has executed a lease, but is not in occupancy or paying rent. The replacement tenant is anticipated to be in occupancy by February 2015 and paying rent beginning April 2015. There is a $300,000 reserve related to the replacement tenant. The third largest tenant (3,150 square feet), representing 4.4% of net rentable square feet, has an outstanding rent abatement in July 2015. There is a $5,513 reserve representing the outstanding rent abatement. The fourth largest tenant (2,800 square feet), representing 3.9% of net rentable square feet, has outstanding rent abatements in December of 2014, 2015 and 2016. There is a $18,200 reserve representing the outstanding rent abatements. | ||||||||||
For mortgage loan #30 (Marley Park Plaza), the largest tenant (49,212 square feet), representing 63.5% of net rentable square feet, has a rent abatement through December 2015. There is a $787,392 reserve representing the outstanding rent abatements. The third largest tenant (2,756 square feet), representing 3.6% of net rentable square feet, is not in occupancy or paying rent. The third largest tenant is anticipated to begin paying rent in January 2015. | ||||||||||
For mortgage loan #32 (WMA Shadow Portfolio), the largest tenant at the Center Stage at Winder mortgaged property (3,080 square feet), representing 4.5% of net rentable square feet of the mortgage loan, vacated its space in August 2014 and has been underwritten as vacant. | ||||||||||
For mortgage loan #48 (Storage Depot - Regal Row), the U/W Revenues include income from climate controlled office/storage units. | ||||||||||
For mortgage loan #68 (270 King Street), the second largest tenant (2,319 square feet), representing 34.1% of net rentable square feet, has executed a lease but is not in occupancy or paying rent. The second largest tenant is expected to be in occupancy and commence paying rent in October 2014. There is a $20,871 reserve representing the gap rent period and outstanding tenant improvements and leasing commissions. | ||||||||||
(17) | The tenant early termination options discussed in this footnote are not intended to be an exclusive list. In particular, termination options based on co-tenancy clauses are generally included only for top five tenants by net rentable square feet if the option is currently or imminently exercisable. | |||||||||
For mortgage loan #1 (Bank of America Plaza), the second largest tenant (185,927 square feet), representing 13.0% of net rentable square feet, may reduce its space by one full floor on December 31, 2019 upon providing 12 months’ written notice. The third largest tenant (163,512 square feet), representing 11.4% of net rentable square feet, has a one-time right to reduce its space by one full floor or 12,000 to 13,000 square feet of its highest or lowest contiguous floors upon providing notice on or before September 30, 2018 and payment of a termination fee equal to all unamortized tenant improvements, leasing commissions, space plan allowances and out of pocket expenses incurred by the landlord. The fifth largest tenant (81,094 square feet), representing 5.7% of net rentable square feet, may terminate its lease on 25,773 square feet as of June 30, 2018 upon providing 12 months’ written notice and payment of a termination fee equal to $2,410,728. | ||||||||||
For mortgage loan #3 (Columbus Square Portfolio), the second largest tenant (55,022 square feet), representing 11.1% of net rentable square feet, may terminate its lease at any time upon providing four months’ written notice and payment of a termination fee equal to three years rent. | ||||||||||
For mortgage loan #4 (DC Metro Mixed Use Portfolio), the largest tenant at the 100 King Street mortgaged property (6,482 square feet), representing 4.5% of net rentable square feet for the mortgage loan, will perform significant interior work to the mortgaged property at its cost and expense, including lowering the floor level of the premises. In the event that during the course of lowering the floor level, the tenant discovers that additional structural work is required, the tenant will notify the landlord of the additional floor work and obtain a good faith estimate of such costs. If the good faith estimate is $70,000 or less, the tenant will, at its expense, complete the additional floor work. In the event that the cost of the additional floor work is greater than $70,000, the tenant may terminate its lease within 10 days’ of providing landlord with the estimated costs. The largest tenant at the 875 N Street mortgaged property (6,850 square feet), representing 4.7% of net rentable square feet for the mortgage loan, has a one-time right to terminate its lease as of January 1, 2016 with 210 days notice. | ||||||||||
For mortgage loan #5 (Centennial Center & Two Century Center), the largest tenant (41,593 square feet), representing 8.4% of net rentable square feet, has a one-time right to terminate its lease in whole or in part at any time after February 29, 2016 upon 12 months’ written notice and payment of the unamortized cost of construction allowance, leasing commissions and abated rent. The second largest tenant (26,582 square feet), representing 5.4% of net rentable square feet, may terminate its lease at any time on or after July 1, 2020 upon 12 months’ notice and payment of a termination fee equal to $25.50 per square foot. The third largest tenant (25,637 square feet), representing 5.2% of net rentable square feet, has a one-time right to terminate its lease on June 30, 2020 upon written notice by August 1, 2019 and payment of the unamortized cost of construction allowance, leasing commissions and abated rent paid for or provided by the landlord with an interest rate of 9.0% per annum. | ||||||||||
For mortgage loan #6 (677 Broadway), the second largest tenant (31,282 square feet), representing 17.7% of net rentable square feet, may terminate its lease on up to 15,641 square feet at any time on or after May 1, 2016 upon providing 180 days’ written notice. | ||||||||||
For mortgage loan #17 (Main Street & South Park), the largest tenant at the Main Street mortgaged property (20,342 square feet), representing 14.2% of the mortgage loan’s net rentable square feet, has a right to terminate its lease upon providing 60 days’ written notice prior to the date of its lease expiration on March 31, 2019. The loan’s non-recourse guarantors have entered into a master lease under which they are contractually obligated to cover the lease obligations of this tenant should it exercise its early termination option. | ||||||||||
For mortgage loan #20 (Corridors Deer Valley), the largest tenant (41,070 square feet), representing 25.0% of net rentable square feet, may terminate its lease at any time if directed by the Arizona Department of Administration to move into an existing state owned or leased facility, upon 60 days’ written notice. The second largest tenant (22,700 square feet), representing 13.8% of net rentable square feet, may terminate its lease within 60 days’ of any fiscal year ending June 30th due to non-appropriation of funds, upon providing 30 days’ written notice. The fifth largest tenant (15,396 square feet), representing 9.4% of net rentable square feet, may terminate its lease as of September 30, 2015 upon providing 12 months’ written notice and payment of a cancellation fee equal to the sum of: (i) unamortized tenant improvements and leasing commissions; and (ii) rental taxes on the unamortized tenant improvement and leasing commissions. | ||||||||||
For mortgage loan #32 (WMA Shadow Portfolio), the fourth largest tenant at the Spring Lake Town Center mortgaged property (2,800 square feet), representing 4.1% of the mortgage loan net rentable square feet, may terminate its lease if sales for any 12 consecutive months are less than $490,000, upon proving 30 days’ written notice within 90 days’ of the end of the 12 month period. The fifth largest tenant at the Spring Lake Town Center mortgaged property (2,000 square feet), representing 2.9% of net rentable square feet, may terminate its lease on April 30, 2015 upon providing 120 days’ written notice and payment of two months base rent and all unamortized tenant improvements and leasing commissions. |
WFRBS Commercial Mortgage Trust 2014-C23 | ||
FOOTNOTES TO ANNEX A |
For mortgage loan #55 (Walgreens – Albuquerque), the only tenant (14,560 square feet), representing 100% of net rentable square feet, may terminate its lease on August 31, 2029 and every five years thereafter, upon providing six months’ written notice. | ||||||||||
(18) | For mortgage loan #7 (Homewood Suites – New Orleans), the Monthly Replacement Reserve will be adjusted to an amount equal to the greater of the Monthly Replacement Reserve immediately prior to the adjustment and 1/12th of 4% of operating income from the prior fiscal year. | |||||||||
For mortgage loan #14 (Courtyard by Marriott – Orlando), the Monthly Replacement Reserve will be adjusted to an amount equal to the greater of the Monthly Replacement Reserve immediately prior to the adjustment and 1/12th of 4% of revenue from the prior fiscal year. | ||||||||||
For mortgage loans #22 (Holiday Inn Express – Flint and Fairfield Inn Madison), #42 (La Quinta - Lexington), and #47 (Comfort Suites - Wilmington), the Monthly Replacement Reserve, to be adjusted annually each January, is equal to the greater of (1) 1/12th of 4% of the actual annual gross income and (2) such amount required by the related franchisor, but in no event may the Monthly Replacement Reserve be less than the initial Monthly Replacement Reserve. | ||||||||||
For Mortgage Loan #26 (Hampton Inn & Suites Lenox), the Monthly Replacement Reserve, to be adjusted each January, is equal to 1/12th of 4% of the actual annual gross income. | ||||||||||
(19) | For mortgage loan #3 (Columbus Square Portfolio), the Monthly TI/LC Reserve commences on the January 2018 payment date. | |||||||||
(20) | For mortgage loan #14 (Courtyard by Marriott – Orlando), the Other Escrow I Monthly payment is only required from January through April of each year in the loan term. | |||||||||
For mortgage loan #76 (Shops on Veterans), the Other Escrow I Monthly payment adjusts to $19,965 on the October 2019 payment date. | ||||||||||
(21) | For mortgage loan #20 (Corridors Deer Valley), once the largest tenant (41,070 square feet), representing 25.0% of net rentable square feet, has taken occupancy of their space, is open and paying full, unabated rent, the Other Escrow II can be used as follows: (i) first, for capital expenditures, to the extent that the Replacement Reserve escrow has been exhausted; (ii) second, for tenant improvements and leasing commissions, to the extent that the TI/LC escrow has been exhausted; or (iii) third, for payment of all or part of monthly debt service on the mortgage loan. | |||||||||
(22) | With respect to the mortgage loans secured by residential cooperative properties that have existing subordinate secured indebtedness, the Whole Loan Cut-off Date Balance equals the sum of the Cut-off Date Balance of the WFRBS 2014-C23 Trust mortgage loan plus the balance of the existing subordinate loan, assuming the existing subordinate loan amount is fully advanced and the entire amount thereof is outstanding as of the Cut-off Date. | |||||||||
(23) | The Whole Loan Debt Service, Whole Loan U/W NOI DSCR and Whole Loan U/W NCF DSCR for the mortgage loans secured by residential cooperative properties that have existing subordinate secured debt are calculated assuming (i) that interest on the subordinate secured indebtedness is accruing pursuant to the applicable loan document (with the applicable interest rate determined using 1-month LIBOR in effect as of September 3, 2014 and giving effect to any applicable interest rate floor), (ii) that the subordinate secured indebtedness has been fully advanced and the entire amount thereof is outstanding as of the Cut-off Date and (iii) that the initial interest-only period for such subordinate secured indebtedness has expired and the related borrower is required to make scheduled principal plus interest payments as set forth in the corresponding promissory note. | |||||||||
(24) | The Subordinate Secured Debt Original Balance for the mortgage loans secured by residential cooperative properties that have existing subordinate secured indebtedness indicates as if the existing subordinate loan amount is fully advanced on the date of closing of said subordinate loan. | |||||||||
(25) | With respect to the mortgage loans secured by residential cooperative properties that have existing subordinate secured indebtedness, the Subordinate Secured Debt Cut-off Date Balance indicates the balance of the subordinate secured indebtedness as of September 3, 2014. | |||||||||
(26) | The Whole Loan Cut-off Date LTV Ratio, Whole Loan Cut-off Date U/W NOI Debt Yield and Whole Loan Cut-off Date U/W NCF Debt Yield for the mortgage loans secured by residential cooperative properties that have existing subordinate secured indebtedness are calculated assuming that the subordinate secured indebtedness has been fully advanced and the entire amount thereof is outstanding as of the Cut-off Date. | |||||||||
(27) | The Mezzanine Debt Cut-off Date Balance reflects the allocated mezzanine loan for the Jordan Hospital Medical Office Mortgage Loan. The total $6.3 million mezzanine loan is secured by the interests in the borrower of the Jordan Hospital Medical Office Mortgage Loan and the Barrington Orthopedics Portfolio Mortgage Loan that was included in WFRBS 2014-C21. | |||||||||
(28) | With respect to the mortgage loans secured by residential cooperative properties, each mortgaged property is owned by the borrower, which is a cooperative housing corporation. No individual or entity (other than the borrower) has recourse obligations with respect to the loans, including pursuant to any guaranty or environmental indemnity. | |||||||||
For mortgage loan #24 (Promenade Merced), the third largest tenant (3,292 square feet), representing 5.9% of net rentable square feet, is affiliated with the sponsor. | ||||||||||
For mortgage loan #52 (Renaissance Park I), the fourth largest tenant (4,730 square feet), representing 16.0% of net rentable square feet, is affiliated with the sponsor. | ||||||||||