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Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | % of Initial Pool Balance | Mortgage Loan Originator(1) | Mortgage Loan Seller(1) | Original Balance | Cut-off Date Balance | Maturity/ARD Balance | Cut-off Date Balance per SF/ Units/Rooms/Pads | Loan Purpose | Sponsor |
Loan | 5, 9 | 1 | Pathline Park 9 & 10 | 9.9% | WFB | WFB | $90,000,000 | $90,000,000 | $90,000,000 | $536.69 | Recapitalization | The Irvine Company LLC |
Loan | 5, 10 | 2 | Miami Design District | 9.9% | BANA | BANA | $90,000,000 | $90,000,000 | $90,000,000 | $804.68 | Refinance | Miami Design District Associates, LLC |
Loan | 5, 6, 7, 11 | 3 | Extra Space Rock ‘N Roll Self Storage Portfolio | 9.9% | BANA | BANA | $90,000,000 | $90,000,000 | $90,000,000 | $91.00 | Recapitalization | Extra Space Storage Inc.; G-Unit LLC |
Property | 3.01 | Houston - Katy Fwy | 0.9% | BANA | $8,433,333 | $8,433,333 | $8,433,333 | |||||
Property | 3.02 | Santa Maria - Skyway Dr | 0.8% | BANA | $7,416,667 | $7,416,667 | $7,416,667 | |||||
Property | 3.03 | Redlands – Alabama St | 0.8% | BANA | $7,025,000 | $7,025,000 | $7,025,000 | |||||
Property | 3.04 | Sacramento - Franklin Blvd | 0.8% | BANA | $6,950,000 | $6,950,000 | $6,950,000 | |||||
Property | 3.05 | Dallas - Northwest Hwy | 0.7% | BANA | $6,383,333 | $6,383,333 | $6,383,333 | |||||
Property | 3.06 | Sacramento - 5051 Perry Ave | 0.6% | BANA | $5,633,333 | $5,633,333 | $5,633,333 | |||||
Property | 3.07 | Chicago - 95th St | 0.6% | BANA | $5,475,000 | $5,475,000 | $5,475,000 | |||||
Property | 3.08 | Chicago - West Addison | 0.6% | BANA | $5,450,000 | $5,450,000 | $5,450,000 | |||||
Property | 3.09 | Tracy - 787 E 11th St | 0.6% | BANA | $5,450,000 | $5,450,000 | $5,450,000 | |||||
Property | 3.10 | Tracy - 780 E 11th St | 0.6% | BANA | $5,425,000 | $5,425,000 | $5,425,000 | |||||
Property | 3.11 | Fredericksburg - 5219 Plank Rd | 0.6% | BANA | $5,358,333 | $5,358,333 | $5,358,333 | |||||
Property | 3.12 | North Aurora - Lincolnway | 0.5% | BANA | $4,966,667 | $4,966,667 | $4,966,667 | |||||
Property | 3.13 | Spring - I-45 North | 0.5% | BANA | $4,791,667 | $4,791,667 | $4,791,667 | |||||
Property | 3.14 | Chicago - Pulaski Rd | 0.5% | BANA | $4,583,333 | $4,583,333 | $4,583,333 | |||||
Property | 3.15 | El Paso - Desert Blvd | 0.4% | BANA | $3,366,667 | $3,366,667 | $3,366,667 | |||||
Property | 3.16 | Mt Pleasant - Bowman Rd | 0.4% | BANA | $3,291,667 | $3,291,667 | $3,291,667 | |||||
Loan | 5, 8 | 4 | 605 Third Avenue | 7.8% | MSBNA | MSMCH | $71,000,000 | $71,000,000 | $71,000,000 | $224.77 | Refinance | RP 605 Acquisition; FB 605 Equity LLC, FB 605 Corp.; Hadwin LLC |
Loan | 12 | 5 | 530 Seventh Avenue Fee | 6.1% | MSBNA | MSMCH | $55,000,000 | $55,000,000 | $55,000,000 | $111.06 | Refinance | Robert Savitt |
Loan | 6 | 6 | ExchangeRight Net Leased Portfolio #43 | 4.2% | BANA | BANA | $38,140,000 | $38,140,000 | $38,140,000 | $133.61 | Acquisition | ExchangeRight Real Estate, LLC |
Property | 6.01 | Lowe’s - Dalton (Cleveland), GA | 0.7% | BANA | $6,245,092 | $6,245,092 | $6,245,092 | |||||
Property | 6.02 | Natural Grocers - Grand Forks (32nd Avenue), ND | 0.4% | BANA | $3,440,224 | $3,440,224 | $3,440,224 | |||||
Property | 6.03 | Tractor Supply - Patterson (Rte-311), NY | 0.4% | BANA | $3,409,231 | $3,409,231 | $3,409,231 | |||||
Property | 6.04 | Walgreens (Grand) - Ames, IA | 0.4% | BANA | $3,223,273 | $3,223,273 | $3,223,273 | |||||
Property | 6.05 | Walgreens - Baltimore (Liberty), MD | 0.3% | BANA | $2,696,392 | $2,696,392 | $2,696,392 | |||||
Property | 6.06 | Walgreens - Independence (East 23rd), MO | 0.3% | BANA | $2,463,944 | $2,463,944 | $2,463,944 | |||||
Property | 6.07 | Fresenius Medical Care - Cary (Stamford), NC | 0.3% | BANA | $2,460,845 | $2,460,845 | $2,460,845 | |||||
Property | 6.08 | Walgreens - Skokie (Skokie), IL | 0.3% | BANA | $2,417,455 | $2,417,455 | $2,417,455 | |||||
Property | 6.09 | Tractor Supply - Anderson (Scatterfield), IN | 0.2% | BANA | $2,138,518 | $2,138,518 | $2,138,518 | |||||
Property | 6.10 | M&T Bank - Rochester (Latta), NY | 0.2% | BANA | $2,076,532 | $2,076,532 | $2,076,532 | |||||
Property | 6.11 | Fresenius Medical Care - Walker (Walker), LA | 0.2% | BANA | $1,859,581 | $1,859,581 | $1,859,581 | |||||
Property | 6.12 | Sherwin Williams - Noblesville (Sunny), IN | 0.2% | BANA | $1,828,588 | $1,828,588 | $1,828,588 | |||||
Property | 6.13 | Sherwin Williams - Bloomington (Gates), IN | 0.2% | BANA | $1,394,686 | $1,394,686 | $1,394,686 | |||||
Property | 6.14 | Dollar Tree - Midland (Big Spring), TX | 0.1% | BANA | $1,245,919 | $1,245,919 | $1,245,919 | |||||
Property | 6.15 | Sherwin Williams - Hamilton (Walden), OH | 0.1% | BANA | $1,239,720 | $1,239,720 | $1,239,720 | |||||
Loan | 5, 6, 7, 11 | 7 | Boca Office Portfolio | 3.3% | BANA | BANA | $29,700,000 | $29,700,000 | $29,700,000 | $192.41 | Recapitalization; Acquisition | Carlos Ulloa; Debra Corchia; Daniel Statlander; James Caprio |
Property | 7.01 | Boardwalk @ 18th | 1.0% | BANA | $9,000,000 | $9,000,000 | $9,000,000 | |||||
Property | 7.02 | Fountains Center | 0.9% | BANA | $8,550,000 | $8,550,000 | $8,550,000 | |||||
Property | 7.03 | City National Park | 0.9% | BANA | $8,550,000 | $8,550,000 | $8,550,000 | |||||
Property | 7.04 | Grove Centre | 0.4% | BANA | $3,600,000 | $3,600,000 | $3,600,000 | |||||
Loan | 8 | Park Del Amo | 3.1% | BANA | BANA | $28,140,000 | $28,140,000 | $28,140,000 | $137.06 | Refinance | Omninet Capital, LLC | |
Loan | 13 | 9 | Lakeshore Business Center | 2.8% | MSBNA | MSMCH | $25,100,000 | $25,100,000 | $22,801,627 | $105.60 | Refinance | YMP Real Estate |
Loan | 6, 7, 13 | 10 | Southern Flexible–Apartment Portfolio | 2.4% | BANA | BANA | $21,500,000 | $21,500,000 | $19,481,561 | $35,537.19 | Refinance | Stephen G. Siegel |
Property | 10.01 | Siegel Suites – San Antonio, TX | 0.7% | BANA | $6,360,000 | $6,360,000 | $5,762,918 | |||||
Property | 10.02 | Siegel Select – Albuquerque, NM | 0.7% | BANA | $6,120,000 | $6,120,000 | $5,545,449 | |||||
Property | 10.03 | Siegel Select – Bossier City, LA | 0.5% | BANA | $4,770,000 | $4,770,000 | $4,322,188 | |||||
Property | 10.04 | Siegel Suites – Holland, OH | 0.5% | BANA | $4,250,000 | $4,250,000 | $3,851,006 | |||||
Loan | 7, 14, 15 | 11 | 250 Bedford Avenue | 2.2% | MSBNA | MSMCH | $20,000,000 | $20,000,000 | $20,000,000 | $384.38 | Acquisition | Abraham Bennun |
Loan | 6, 7 | 12 | Lake Region Portfolio | 2.1% | WFB | WFB | $18,700,000 | $18,700,000 | $18,700,000 | $62.86 | Acquisition | Westport Properties, Inc. |
Property | 12.01 | US Storage Centers - Duluth | 1.0% | WFB | $9,180,000 | $9,180,000 | $9,180,000 | |||||
Property | 12.02 | US Storage Centers - St. Paul | 0.6% | WFB | $5,565,000 | $5,565,000 | $5,565,000 | |||||
Property | 12.03 | US Storage Centers - Brainerd | 0.4% | WFB | $3,620,000 | $3,620,000 | $3,620,000 | |||||
Property | 12.04 | US Storage Centers - Pine Tree | 0.0% | WFB | $335,000 | $335,000 | $335,000 | |||||
Loan | 7 | 13 | Heath Town Center | 1.9% | MSBNA | MSMCH | $16,800,000 | $16,800,000 | $16,800,000 | $216.30 | Acquisition | Younger Partners |
Loan | 5, 7, 16, 17 | 14 | McClellan Park | 1.8% | WFB | WFB | $16,600,000 | $16,600,000 | $16,600,000 | $51.69 | Refinance | McClellan Business Park, LLC |
Loan | 8, 18 | 15 | 111 Fourth Avenue | 1.7% | MSBNA | MSMCH | $15,000,000 | $15,000,000 | $12,580,499 | $93,167.70 | Refinance | N/A |
Loan | 16 | Extra Space Storage - DC | 1.6% | WFB | WFB | $14,500,000 | $14,500,000 | $12,189,545 | $203.00 | Refinance | Robert J. Miller | |
Loan | 13, 19 | 17 | 12900 I Street | 1.5% | MSBNA | MSMCH | $14,000,000 | $14,000,000 | $11,399,322 | $23.05 | Refinance | G. Richard Russell; Joel R. Russell |
Loan | 18 | ASM America HQ | 1.4% | MSBNA | MSMCH | $12,850,000 | $12,850,000 | $12,850,000 | $98.63 | Acquisition | Mapleton Investments | |
Loan | 20 | 19 | Chapel Lakes | 1.4% | WFB | WFB | $12,600,000 | $12,577,676 | $9,844,446 | $82,747.87 | Refinance | A. Richard Nernberg; The A. Richard Nernberg Amended and Restated Revocable Deed of Trust; Susan L. Nernberg; The Susan L. Nernberg Amended and Restated Revocable Deed of Trust |
Loan | 20 | Candlewood Apartments & Country Villas | 1.4% | MSBNA | MSMCH | $12,500,000 | $12,500,000 | $12,500,000 | $59,241.71 | Refinance | Martin B. Geller; Eric Richelson; Herbert C. Klein | |
Loan | 21 | El Paseo | 1.3% | WFB | WFB | $12,000,000 | $12,000,000 | $10,815,858 | $208.02 | Refinance | James P. Knell | |
Loan | 22 | Olin Technology Administration Center | 1.3% | MSBNA | MSMCH | $11,700,000 | $11,700,000 | $11,700,000 | $187.20 | Acquisition | DMI Capital | |
Loan | 6 | 23 | North Austin Portfolio | 1.3% | MSBNA | MSMCH | $11,500,000 | $11,500,000 | $9,606,801 | $140.24 | Refinance | Aman Bandali |
Property | 23.01 | Cold Springs Marketplace | 0.8% | MSBNA | $7,482,000 | $7,482,000 | $6,250,269 | |||||
Property | 23.02 | Old Settlers Market | 0.4% | MSBNA | $4,018,000 | $4,018,000 | $3,356,533 | |||||
Loan | 18 | 24 | Towne House Village North Owners, Inc. | 1.2% | NCB | NCB | $10,680,000 | $10,680,000 | $10,680,000 | $63,952.10 | Refinance | N/A |
Loan | 25 | 2 Boston Post Road | 1.1% | MSBNA | MSMCH | $10,000,000 | $10,000,000 | $10,000,000 | $72.64 | Refinance | Richard DiGirolamo; Joseph Iamunno, Jr. | |
Loan | 6, 7 | 26 | Walgreens Sale-Leaseback Portfolio - NV,FL,TX | 1.1% | WFB | WFB | $9,775,000 | $9,775,000 | $8,831,323 | $227.22 | Acquisition | Ryan Tedder; Keith Kantrowitz |
Property | 26.01 | 2389 East Windmill | 0.4% | WFB | $3,560,055 | $3,560,055 | $3,216,368 | |||||
Property | 26.02 | 12601 Tech Ridge Boulevard | 0.4% | WFB | $3,366,510 | $3,366,510 | $3,041,508 | |||||
Property | 26.03 | 850 43rd Avenue Southwest | 0.3% | WFB | $2,848,435 | $2,848,435 | $2,573,448 | |||||
Loan | 18 | 27 | Valerie Arms Apartment Corp. | 1.0% | NCCB | NCB | $9,000,000 | $9,000,000 | $6,929,249 | $35,714.29 | Refinance | N/A |
Loan | 18 | 28 | Blossom Gardens Apartments, Inc. | 0.8% | NCCB | NCB | $7,500,000 | $7,490,975 | $6,461,896 | $40,711.82 | Refinance | N/A |
Loan | 29 | Extra Space Storage - Lompoc, CA | 0.8% | BANA | BANA | $7,250,000 | $7,250,000 | $7,250,000 | $108.21 | Refinance | Garry Collett; Lou Mellman | |
Loan | 30 | A Storage Place – Fort Collins | 0.8% | WFB | WFB | $7,000,000 | $7,000,000 | $7,000,000 | $57.26 | Refinance | Darryl B. Flaming; Carolyn Ann Flaming; Flaming Revocable Declaration of Trust | |
Loan | 31 | Foley Cubesmart | 0.8% | MSBNA | MSMCH | $7,000,000 | $7,000,000 | $6,063,094 | $101.08 | Refinance | Conner V. House; Alfred Vidal Davis; Gary J. Guido; Charles W. Caldwell, III | |
Loan | 32 | Lowe’s Cromwell | 0.7% | MSBNA | MSMCH | $6,400,000 | $6,400,000 | $6,400,000 | $51.33 | Refinance | Anthony C. Fonda | |
Loan | 6, 21 | 33 | CVS-Walgreens Portfolio | 0.6% | MSBNA | MSMCH | $5,010,000 | $5,010,000 | $5,010,000 | $197.26 | Acquisition | Yakup Imir |
Property | 33.01 | Walgreens | 0.3% | MSBNA | $2,906,211 | $2,906,211 | $2,906,211 | |||||
Property | 33.02 | CVS | 0.2% | MSBNA | $2,103,789 | $2,103,789 | $2,103,789 | |||||
Loan | 34 | Winding Way Apartments | 0.6% | MSBNA | MSMCH | $5,000,000 | $5,000,000 | $5,000,000 | $68,493.15 | Refinance | Louis Feinstein | |
Loan | 22 | 35 | Yuba City 99 Self Storage | 0.6% | MSBNA | MSMCH | $5,000,000 | $5,000,000 | $5,000,000 | $53.00 | Refinance | Dominus Companies, Inc |
Loan | 36 | Summer Haven MHP | 0.6% | MSBNA | MSMCH | $5,000,000 | $5,000,000 | $4,392,031 | $47,169.81 | Refinance | David R. Hunt, Sr.; Gregory S. Rumsey; Paul Skyler Liechty | |
Loan | 37 | Lockaway Self Storage - Castro Valley, CA | 0.5% | BANA | BANA | $4,772,400 | $4,772,400 | $4,772,400 | $56.86 | Refinance | Philip Ramser Jr.; James Buckingham | |
Loan | 38 | CVS Bartlesville OK | 0.5% | MSBNA | MSMCH | $4,700,000 | $4,700,000 | $4,700,000 | $355.39 | Refinance | Krista Bonaguidi | |
Loan | 39 | WAG - Aurora, CO | 0.5% | WFB | WFB | $4,700,000 | $4,700,000 | $4,700,000 | $332.84 | Recapitalization | Elizabeth Edlich | |
Loan | 40 | Woodland Park Self Storage, Sheridan, WY | 0.5% | BANA | BANA | $4,582,500 | $4,582,500 | $4,582,500 | $37.31 | Acquisition | Matthew N. Follet; Matthew L. Garibaldi | |
Loan | 13 | 41 | Holiday Acres MHP | 0.5% | MSBNA | MSMCH | $4,530,000 | $4,530,000 | $3,874,051 | $33,065.69 | Refinance | David R. Hunt, Sr.; Gregory S. Rumsey; Paul Skyler Liechty |
Loan | 8 | 42 | 52 Ludlow Street | 0.5% | MSBNA | MSMCH | $4,500,000 | $4,500,000 | $4,500,000 | $450,000.00 | Refinance | K L F Holding Corp. |
A-1-1
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | % of Initial Pool Balance | Mortgage Loan Originator(1) | Mortgage Loan Seller(1) | Original Balance | Cut-off Date Balance | Maturity/ARD Balance | Cut-off Date Balance per SF/ Units/Rooms/Pads | Loan Purpose | Sponsor |
Loan | 43 | Stuff Ur Storage Henderson, NV | 0.5% | BANA | BANA | $4,425,000 | $4,425,000 | $4,425,000 | $48.62 | Refinance | Carl E. Touhey | |
Loan | 23 | 44 | 16680 Valley View Avenue Data Center | 0.5% | BANA | BANA | $4,150,000 | $4,150,000 | $3,504,250 | $251.07 | Acquisition | Capital Square |
Loan | 18 | 45 | Tee-Lex Operating Inc. | 0.4% | NCCB | NCB | $4,000,000 | $4,000,000 | $4,000,000 | $42,105.26 | Refinance | N/A |
Loan | 18 | 46 | 30 Clinton Place Owners, Inc. | 0.4% | NCCB | NCB | $4,000,000 | $4,000,000 | $4,000,000 | $78,431.37 | Refinance | N/A |
Loan | 47 | Gold Creek Apartments | 0.4% | MSBNA | MSMCH | $3,700,000 | $3,700,000 | $3,700,000 | $52,857.14 | Refinance | Louis Feinstein | |
Loan | 48 | Storelocal - Coeur d’Alene, ID | 0.4% | BANA | BANA | $3,700,000 | $3,700,000 | $3,700,000 | $58.20 | Refinance | James P. Karas | |
Loan | 18 | 49 | Larchmont Gables Apartment Corp. | 0.4% | NCCB | NCB | $3,400,000 | $3,393,758 | $2,627,830 | $70,703.30 | Refinance | N/A |
Loan | 13, 18 | 50 | 305 Equities Corp. | 0.3% | NCB | NCB | $2,900,000 | $2,900,000 | $2,223,342 | $60,416.67 | Refinance | N/A |
Loan | 51 | Glenview Mobile Lodge Community | 0.3% | BANA | BANA | $2,850,000 | $2,850,000 | $2,850,000 | $55,882.35 | Refinance | David Mandagie | |
Loan | 18 | 52 | 511 West 232nd Owners Corp. | 0.3% | NCCB | NCB | $2,500,000 | $2,500,000 | $1,927,054 | $37,878.79 | Refinance | N/A |
Loan | 18 | 53 | Shore Lane Arms Owners Corp. | 0.3% | NCCB | NCB | $2,350,000 | $2,345,724 | $1,821,199 | $23,935.96 | Refinance | N/A |
Loan | 8, 13 | 54 | 69 Meserole Avenue | 0.2% | MSBNA | MSMCH | $2,050,000 | $2,050,000 | $2,050,000 | $256,250.00 | Refinance | Jeffrey Lefkovits |
Loan | 18 | 55 | 267 W. 89 Owners Corp. | 0.2% | NCCB | NCB | $2,000,000 | $2,000,000 | $2,000,000 | $62,500.00 | Refinance | N/A |
Loan | 18 | 56 | 169 Spring Owners Corp. | 0.2% | NCCB | NCB | $1,800,000 | $1,800,000 | $1,400,416 | $150,000.00 | Refinance | N/A |
Loan | 18 | 57 | 14 Jay Street Owners Corp. | 0.2% | NCCB | NCB | $1,800,000 | $1,800,000 | $1,800,000 | $257,142.86 | Refinance | N/A |
Loan | 18 | 58 | 327-329 4th St. Owners Corp. | 0.2% | NCCB | NCB | $1,600,000 | $1,600,000 | $1,389,666 | $177,777.78 | Refinance | N/A |
Loan | 18 | 59 | 210 Equities Corp. | 0.2% | NCCB | NCB | $1,500,000 | $1,497,298 | $1,166,030 | $53,474.92 | Refinance | N/A |
Loan | 18 | 60 | 39-75 56th Street Owners Corp. | 0.2% | NCCB | NCB | $1,500,000 | $1,500,000 | $1,297,672 | $28,301.89 | Refinance | N/A |
Loan | 61 | Squaw Valley Mobile Home Community | 0.2% | BANA | BANA | $1,375,000 | $1,375,000 | $1,222,664 | $28,061.22 | Refinance | Hugh Stewart | |
Loan | 18 | 62 | Woodbury Gardens Redevelopment Company Owners Corp. | 0.1% | NCCB | NCB | $1,300,000 | $1,297,640 | $1,008,245 | $6,063.74 | Recapitalization | N/A |
Loan | 18 | 63 | Parkway Owners Inc. | 0.1% | NCCB | NCB | $1,200,000 | $1,200,000 | $15,830 | $23,529.41 | Recapitalization | N/A |
Loan | 18 | 64 | 91 Tenants Corp. | 0.1% | NCCB | NCB | $1,000,000 | $1,000,000 | $1,000,000 | $125,000.00 | Refinance | N/A |
A-1-2
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Non-Recourse Carveout Guarantor | No. of Properties | General Property Type | Detailed Property Type | Title Type | |
Loan | 5, 9 | 1 | Pathline Park 9 & 10 | TT Peery Park JV LLC | 1 | Office | Suburban | Fee | |
Loan | 5, 10 | 2 | Miami Design District | Miami Design District Associates, LLC | 1 | Retail | Luxury Retail | Fee | |
Loan | 5, 6, 7, 11 | 3 | Extra Space Rock ‘N Roll Self Storage Portfolio | Extra Space Storage Inc. | 16 | ||||
Property | 3.01 | Houston - Katy Fwy | Self Storage | Self Storage | Fee | ||||
Property | 3.02 | Santa Maria - Skyway Dr | Self Storage | Self Storage | Fee | ||||
Property | 3.03 | Redlands – Alabama St | Self Storage | Self Storage | Fee | ||||
Property | 3.04 | Sacramento - Franklin Blvd | Self Storage | Self Storage | Fee | ||||
Property | 3.05 | Dallas - Northwest Hwy | Self Storage | Self Storage | Fee | ||||
Property | 3.06 | Sacramento - 5051 Perry Ave | Self Storage | Self Storage | Fee | ||||
Property | 3.07 | Chicago - 95th St | Self Storage | Self Storage | Fee | ||||
Property | 3.08 | Chicago - West Addison | Self Storage | Self Storage | Fee | ||||
Property | 3.09 | Tracy - 787 E 11th St | Self Storage | Self Storage | Fee | ||||
Property | 3.10 | Tracy - 780 E 11th St | Self Storage | Self Storage | Fee | ||||
Property | 3.11 | Fredericksburg - 5219 Plank Rd | Self Storage | Self Storage | Fee | ||||
Property | 3.12 | North Aurora - Lincolnway | Self Storage | Self Storage | Fee | ||||
Property | 3.13 | Spring - I-45 North | Self Storage | Self Storage | Fee | ||||
Property | 3.14 | Chicago - Pulaski Rd | Self Storage | Self Storage | Fee | ||||
Property | 3.15 | El Paso - Desert Blvd | Self Storage | Self Storage | Fee | ||||
Property | 3.16 | Mt Pleasant - Bowman Rd | Self Storage | Self Storage | Fee | ||||
Loan | 5, 8 | 4 | 605 Third Avenue | N/A | 1 | Office | CBD | Fee | |
Loan | 12 | 5 | 530 Seventh Avenue Fee | N/A | 1 | Other | Leased Fee | Fee | |
Loan | 6 | 6 | ExchangeRight Net Leased Portfolio #43 | David Fisher; Joshua Ungerecht; Warren Thomas | 15 | ||||
Property | 6.01 | Lowe’s - Dalton (Cleveland), GA | Other | Leased Fee | Fee | ||||
Property | 6.02 | Natural Grocers - Grand Forks (32nd Avenue), ND | Retail | Single Tenant | Fee | ||||
Property | 6.03 | Tractor Supply - Patterson (Rte-311), NY | Retail | Single Tenant | Fee | ||||
Property | 6.04 | Walgreens (Grand) - Ames, IA | Retail | Single Tenant | Fee | ||||
Property | 6.05 | Walgreens - Baltimore (Liberty), MD | Retail | Single Tenant | Fee | ||||
Property | 6.06 | Walgreens - Independence (East 23rd), MO | Retail | Single Tenant | Fee | ||||
Property | 6.07 | Fresenius Medical Care - Cary (Stamford), NC | Office | Medical Office | Fee | ||||
Property | 6.08 | Walgreens - Skokie (Skokie), IL | Retail | Single Tenant | Fee | ||||
Property | 6.09 | Tractor Supply - Anderson (Scatterfield), IN | Retail | Single Tenant | Fee | ||||
Property | 6.10 | M&T Bank - Rochester (Latta), NY | Other | Leased Fee | Fee | ||||
Property | 6.11 | Fresenius Medical Care - Walker (Walker), LA | Office | Medical Office | Fee | ||||
Property | 6.12 | Sherwin Williams - Noblesville (Sunny), IN | Retail | Single Tenant | Fee | ||||
Property | 6.13 | Sherwin Williams - Bloomington (Gates), IN | Retail | Single Tenant | Fee | ||||
Property | 6.14 | Dollar Tree - Midland (Big Spring), TX | Retail | Single Tenant | Fee | ||||
Property | 6.15 | Sherwin Williams - Hamilton (Walden), OH | Retail | Single Tenant | Fee | ||||
Loan | 5, 6, 7, 11 | 7 | Boca Office Portfolio | Carlos Ulloa; Debra Corchia; Daniel Statlander; James Caprio | 4 | ||||
Property | 7.01 | Boardwalk @ 18th | Mixed Use | Office/Retail | Fee | ||||
Property | 7.02 | Fountains Center | Mixed Use | Office/Retail | Fee | ||||
Property | 7.03 | City National Park | Mixed Use | Office/Retail | Fee | ||||
Property | 7.04 | Grove Centre | Mixed Use | Office/Retail | Fee | ||||
Loan | 8 | Park Del Amo | Neil Kadisha; Benjamin Nazarian | 1 | Office | Suburban | Fee | ||
Loan | 13 | 9 | Lakeshore Business Center | Joseph Popack; Moshe Popack | 1 | Office | Suburban | Fee | |
Loan | 6, 7, 13 | 10 | Southern Flexible–Apartment Portfolio | Stephen G. Siegel | 4 | ||||
Property | 10.01 | Siegel Suites – San Antonio, TX | Multifamily | Flexible Apartments | Fee | ||||
Property | 10.02 | Siegel Select – Albuquerque, NM | Multifamily | Flexible Apartments | Fee | ||||
Property | 10.03 | Siegel Select – Bossier City, LA | Multifamily | Flexible Apartments | Fee | ||||
Property | 10.04 | Siegel Suites – Holland, OH | Multifamily | Flexible Apartments | Fee | ||||
Loan | 7, 14, 15 | 11 | 250 Bedford Avenue | Abraham Bennun | 1 | Retail | Anchored | Fee | |
Loan | 6, 7 | 12 | Lake Region Portfolio | Westport/TR Storage Venture III LLC | 4 | ||||
Property | 12.01 | US Storage Centers - Duluth | Self Storage | Self Storage | Fee | ||||
Property | 12.02 | US Storage Centers - St. Paul | Self Storage | Self Storage | Fee | ||||
Property | 12.03 | US Storage Centers - Brainerd | Self Storage | Self Storage | Fee | ||||
Property | 12.04 | US Storage Centers - Pine Tree | Self Storage | Self Storage | Fee | ||||
Loan | 7 | 13 | Heath Town Center | Jennifer Kathleen Permenter; Moody Younger | 1 | Retail | Anchored | Fee | |
Loan | 5, 7, 16, 17 | 14 | McClellan Park | McClellan Business Park, LLC | 1 | Industrial | Warehouse | Fee | |
Loan | 8, 18 | 15 | 111 Fourth Avenue | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 16 | Extra Space Storage - DC | Robert J. Miller | 1 | Self Storage | Self Storage | Fee | ||
Loan | 13, 19 | 17 | 12900 I Street | Millard Lumber Inc. | 1 | Industrial | Warehouse | Fee | |
Loan | 18 | ASM America HQ | Mapleton Investments, LLC | 1 | Industrial | Flex/R&D | Fee | ||
Loan | 20 | 19 | Chapel Lakes | A. Richard Nernberg; The A. Richard Nernberg Amended and Restated Revocable Deed of Trust; Susan L. Nernberg; The Susan L. Nernberg Amended and Restated Revocable Deed of Trust | 1 | Multifamily | Garden | Fee | |
Loan | 20 | Candlewood Apartments & Country Villas | Eric Richelson; Martin B. Geller; Herbert Klein | 1 | Multifamily | Garden | Fee | ||
Loan | 21 | El Paseo | James P. Knell; The James And Theresa Knell Family Trust | 1 | Mixed Use | Retail/Office/Multifamily | Fee | ||
Loan | 22 | Olin Technology Administration Center | 6578 Avenida Wilfredo LLC; Eduardo Leano Espinosa; Lepad RE, LLC; 6469 Caminito Baltusral LLC; Ten H Holdings, LLC | 1 | Office | Suburban | Fee | ||
Loan | 6 | 23 | North Austin Portfolio | Aman Bandali | 2 | ||||
Property | 23.01 | Cold Springs Marketplace | Retail | Unanchored | Fee | ||||
Property | 23.02 | Old Settlers Market | Retail | Unanchored | Fee | ||||
Loan | 18 | 24 | Towne House Village North Owners, Inc. | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 25 | 2 Boston Post Road | Joseph Iamunno, Jr.; Joseph Iamunno, Jr., as trustee of MG Trust dated June 15, 2018; Richard DiGirolamo | 1 | Industrial | Warehouse | Fee | ||
Loan | 6, 7 | 26 | Walgreens Sale-Leaseback Portfolio - NV,FL,TX | Ryan Tedder; Keith Kantrowitz | 3 | ||||
Property | 26.01 | 2389 East Windmill | Retail | Single Tenant | Fee | ||||
Property | 26.02 | 12601 Tech Ridge Boulevard | Retail | Single Tenant | Fee | ||||
Property | 26.03 | 850 43rd Avenue Southwest | Retail | Single Tenant | Fee | ||||
Loan | 18 | 27 | Valerie Arms Apartment Corp. | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 18 | 28 | Blossom Gardens Apartments, Inc. | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 29 | Extra Space Storage - Lompoc, CA | LG TC Holdings, LP; Harridge Development Group, LLC | 1 | Self Storage | Self Storage | Fee | ||
Loan | 30 | A Storage Place – Fort Collins | Darryl B. Flaming; Carolyn Ann Flaming; Flaming Revocable Declaration of Trust | 1 | Self Storage | Self Storage | Fee | ||
Loan | 31 | Foley Cubesmart | Charles W. Caldwell, III; Conner V. House; Gary J. Guido; Alfred Vidal Davis | 1 | Self Storage | Self Storage | Fee | ||
Loan | 32 | Lowe’s Cromwell | Anthony C. Fonda | 1 | Other | Leased Fee | Fee | ||
Loan | 6, 21 | 33 | CVS-Walgreens Portfolio | Yakup Imir | 2 | ||||
Property | 33.01 | Walgreens | Retail | Single Tenant | Fee | ||||
Property | 33.02 | CVS | Retail | Single Tenant | Fee | ||||
Loan | 34 | Winding Way Apartments | Louis G. Feinstein; Bypass Trust created under the Myron S. Feinstein and Zelma Feinstein 1991 Family Trust, dated July 30, 1991; Marital Trust created under the Myron S. Feinstein and Zelma Feinstein 1991 Family Trust, dated July 30, 1991 | 1 | Multifamily | Garden | Fee | ||
Loan | 22 | 35 | Yuba City 99 Self Storage | Jas Bains | 1 | Self Storage | Self Storage | Fee | |
Loan | 36 | Summer Haven MHP | David R. Hunt, Sr.; Gregory S. Rumsey; Paul Skyler Liechty | 1 | Manufactured Housing | Manufactured Housing | Fee | ||
Loan | 37 | Lockaway Self Storage - Castro Valley, CA | Philip Ramser Jr.; James Buckingham | 1 | Self Storage | Self Storage | Fee | ||
Loan | 38 | CVS Bartlesville OK | Krista Bonaguidi | 1 | Retail | Single Tenant | Fee | ||
Loan | 39 | WAG - Aurora, CO | Elizabeth Edlich | 1 | Retail | Single Tenant | Fee | ||
Loan | 40 | Woodland Park Self Storage, Sheridan, WY | Matthew N. Follet; Matthew L. Garibaldi | 1 | Self Storage | Self Storage | Fee | ||
Loan | 13 | 41 | Holiday Acres MHP | David R. Hunt, Sr.; Gregory S. Rumsey; Paul Skyler Liechty | 1 | Manufactured Housing | Manufactured Housing | Fee | |
Loan | 8 | 42 | 52 Ludlow Street | Michael Fung | 1 | Multifamily | Mid Rise | Fee |
A-1-3
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Non-Recourse Carveout Guarantor | No. of Properties | General Property Type | Detailed Property Type | Title Type | |
Loan | 43 | Stuff Ur Storage Henderson, NV | Carl E. Touhey | 1 | Self Storage | Self Storage | Fee | ||
Loan | 23 | 44 | 16680 Valley View Avenue Data Center | Louis J. Rogers | 1 | Other | Data Center | Fee | |
Loan | 18 | 45 | Tee-Lex Operating Inc. | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 18 | 46 | 30 Clinton Place Owners, Inc. | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 47 | Gold Creek Apartments | Louis G. Feinstein; Bypass Trust created under the Myron S. Feinstein and Zelma Feinstein 1991 Family Trust, dated July 30, 1991; Marital Trust created under the Myron S. Feinstein and Zelma Feinstein 1991 Family Trust, dated July 30, 1991 | 1 | Multifamily | Garden | Fee | ||
Loan | 48 | Storelocal - Coeur d’Alene, ID | James P. Karas | 1 | Self Storage | Self Storage | Fee | ||
Loan | 18 | 49 | Larchmont Gables Apartment Corp. | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 13, 18 | 50 | 305 Equities Corp. | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 51 | Glenview Mobile Lodge Community | David Mandagie | 1 | Manufactured Housing | Manufactured Housing | Fee | ||
Loan | 18 | 52 | 511 West 232nd Owners Corp. | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 18 | 53 | Shore Lane Arms Owners Corp. | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 8, 13 | 54 | 69 Meserole Avenue | Jeffrey Lefkovits | 1 | Multifamily | Mid Rise | Fee | |
Loan | 18 | 55 | 267 W. 89 Owners Corp. | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 18 | 56 | 169 Spring Owners Corp. | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 18 | 57 | 14 Jay Street Owners Corp. | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 18 | 58 | 327-329 4th St. Owners Corp. | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 18 | 59 | 210 Equities Corp. | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 18 | 60 | 39-75 56th Street Owners Corp. | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 61 | Squaw Valley Mobile Home Community | Hugh Stewart | 1 | Manufactured Housing | Manufactured Housing | Fee | ||
Loan | 18 | 62 | Woodbury Gardens Redevelopment Company Owners Corp. | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 18 | 63 | Parkway Owners Inc. | N/A | 1 | Multifamily | Cooperative | Fee | |
Loan | 18 | 64 | 91 Tenants Corp. | N/A | 1 | Multifamily | Cooperative | Fee |
A-1-4
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Ground Lease Initial Lease Expiration Date | Hotel Franchise Agreement Expiration Date | Address | City | County | State | Zip Code | Year Built | Year Renovated | Size | Units of Measure |
Loan | 5, 9 | 1 | Pathline Park 9 & 10 | N/A | N/A | 625 North Mary Avenue and 925 West Maude Avenue | Sunnyvale | Santa Clara | CA | 94085 | 2020 | N/A | 242,226 | SF |
Loan | 5, 10 | 2 | Miami Design District | N/A | N/A | 151 NE 40th Street | Miami | Miami-Dade | FL | 33137 | 2014 – 2019 | N/A | 497,094 | SF |
Loan | 5, 6, 7, 11 | 3 | Extra Space Rock ‘N Roll Self Storage Portfolio | 1,186,768 | SF | |||||||||
Property | 3.01 | Houston - Katy Fwy | N/A | N/A | 7879 Katy Freeway | Houston | Harris | TX | 77024 | 2013 | N/A | 93,270 | SF | |
Property | 3.02 | Santa Maria - Skyway Dr | N/A | N/A | 2807 Skyway Drive | Santa Maria | Santa Barbara | CA | 93455 | 1996 | N/A | 84,005 | SF | |
Property | 3.03 | Redlands – Alabama St | N/A | N/A | 321 Alabama Street | Redlands | San Bernardino | CA | 92373 | 1986 | N/A | 70,825 | SF | |
Property | 3.04 | Sacramento - Franklin Blvd | N/A | N/A | 6900 Franklin Boulevard | Sacramento | Sacramento | CA | 95823 | 2007 | N/A | 82,035 | SF | |
Property | 3.05 | Dallas - Northwest Hwy | N/A | N/A | 1975 West Northwest Highway | Dallas | Dallas | TX | 75220 | 1986 | 2006 | 130,346 | SF | |
Property | 3.06 | Sacramento - 5051 Perry Ave | N/A | N/A | 5051 Perry Avenue | Sacramento | Sacramento | CA | 95820 | 1986 | N/A | 62,865 | SF | |
Property | 3.07 | Chicago - 95th St | N/A | N/A | 1000 East 95th Street | Chicago | Cook | IL | 60619 | 2001 | N/A | 80,650 | SF | |
Property | 3.08 | Chicago - West Addison | N/A | N/A | 4400 West Addison Street | Chicago | Cook | IL | 60641 | 1936 | 2001 | 72,614 | SF | |
Property | 3.09 | Tracy - 787 E 11th St | N/A | N/A | 787 East 11th Street | Tracy | San Joaquin | CA | 95304 | 2003 | N/A | 54,820 | SF | |
Property | 3.10 | Tracy - 780 E 11th St | N/A | N/A | 780 East 11th Street | Tracy | San Joaquin | CA | 95304 | 1989 | N/A | 61,195 | SF | |
Property | 3.11 | Fredericksburg - 5219 Plank Rd | N/A | N/A | 5219 Plank Road | Fredericksburg | Spotsylvania | VA | 22407 | 2000 | N/A | 59,025 | SF | |
Property | 3.12 | North Aurora - Lincolnway | N/A | N/A | 416 South Lincolnway Street | North Aurora | Kane | IL | 60542 | 2008 | N/A | 77,540 | SF | |
Property | 3.13 | Spring - I-45 North | N/A | N/A | 25690 North Interstate Highway 45 | Spring | Montgomery | TX | 77386 | 1999 | N/A | 70,485 | SF | |
Property | 3.14 | Chicago - Pulaski Rd | N/A | N/A | 4222 South Pulaski Road | Chicago | Cook | IL | 60632 | 1950 | 2011 | 72,392 | SF | |
Property | 3.15 | El Paso - Desert Blvd | N/A | N/A | 5405 South Desert Boulevard | El Paso | El Paso | TX | 79932 | 1999 | N/A | 75,490 | SF | |
Property | 3.16 | Mt Pleasant - Bowman Rd | N/A | N/A | 1117 Bowman Road | Mount Pleasant | Charleston | SC | 29464 | 1986 | N/A | 39,211 | SF | |
Loan | 5, 8 | 4 | 605 Third Avenue | N/A | N/A | 605 Third Avenue | New York | New York | NY | 10158 | 1965 | 2018 | 1,027,736 | SF |
Loan | 12 | 5 | 530 Seventh Avenue Fee | N/A | N/A | 530 Seventh Avenue | New York | New York | NY | 10018 | 1929 | N/A | 495,245 | SF |
Loan | 6 | 6 | ExchangeRight Net Leased Portfolio #43 | 285,465 | SF | |||||||||
Property | 6.01 | Lowe’s - Dalton (Cleveland), GA | N/A | N/A | 1212 Cleveland Highway | Dalton | Whitfield | GA | 30721 | 2002 | N/A | 130,833 | SF | |
Property | 6.02 | Natural Grocers - Grand Forks (32nd Avenue), ND | N/A | N/A | 1901 32nd Avenue South | Grand Forks | Grand Forks | ND | 58201 | 1975 | 2016 | 21,169 | SF | |
Property | 6.03 | Tractor Supply - Patterson (Rte-311), NY | N/A | N/A | 1253 Route 311 | Patterson | Putnam | NY | 12563 | 2009 | N/A | 22,685 | SF | |
Property | 6.04 | Walgreens (Grand) - Ames, IA | N/A | N/A | 2719 Grand Avenue | Ames | Story | IA | 50010 | 2008 | N/A | 14,867 | SF | |
Property | 6.05 | Walgreens - Baltimore (Liberty), MD | N/A | N/A | 8050 Liberty Road | Baltimore | Baltimore | MD | 21244 | 1999 | N/A | 12,681 | SF | |
Property | 6.06 | Walgreens - Independence (East 23rd), MO | N/A | N/A | 1536 East 23rd Street South | Independence | Jackson | MO | 64055 | 1998 | N/A | 13,828 | SF | |
Property | 6.07 | Fresenius Medical Care - Cary (Stamford), NC | N/A | N/A | 100 Stamford Drive | Cary | Wake | NC | 27513 | 2018 | N/A | 7,324 | SF | |
Property | 6.08 | Walgreens - Skokie (Skokie), IL | N/A | N/A | 9150 Skokie Boulevard | Skokie | Cook | IL | 60077 | 1999 | N/A | 11,847 | SF | |
Property | 6.09 | Tractor Supply - Anderson (Scatterfield), IN | N/A | N/A | 6818 South Scatterfield Road | Anderson | Madison | IN | 46013 | 2001 | N/A | 19,085 | SF | |
Property | 6.10 | M&T Bank - Rochester (Latta), NY | N/A | N/A | 3165 Latta Road | Rochester | Monroe | NY | 14612 | 1990 | N/A | 4,000 | SF | |
Property | 6.11 | Fresenius Medical Care - Walker (Walker), LA | N/A | N/A | 29250 Walker Road | Walker | Livingston | LA | 70785 | 2017 | N/A | 5,363 | SF | |
Property | 6.12 | Sherwin Williams - Noblesville (Sunny), IN | N/A | N/A | 14795 Sunny Dell Lane | Noblesville | Hamilton | IN | 46062 | 2007 | 2019 | 4,261 | SF | |
Property | 6.13 | Sherwin Williams - Bloomington (Gates), IN | N/A | N/A | 402 North Gates Drive | Bloomington | Monroe | IN | 47404 | 2020 | N/A | 4,026 | SF | |
Property | 6.14 | Dollar Tree - Midland (Big Spring), TX | N/A | N/A | 2300 North Big Spring Street | Midland | Midland | TX | 79705 | 2020 | N/A | 9,993 | SF | |
Property | 6.15 | Sherwin Williams - Hamilton (Walden), OH | N/A | N/A | 6570 Walden Ponds Circle | Hamilton | Butler | OH | 45011 | 2020 | N/A | 3,503 | SF | |
Loan | 5, 6, 7, 11 | 7 | Boca Office Portfolio | 514,527 | SF | |||||||||
Property | 7.01 | Boardwalk @ 18th | N/A | N/A | 6909 Southwest 18th Street | Boca Raton | Palm Beach | FL | 33433 | 1986 | 2017 | 132,132 | SF | |
Property | 7.02 | Fountains Center | N/A | N/A | 7000-7700 West Camino Real and 22125 Powerline Road | Boca Raton | Palm Beach | FL | 33433 | 1983 | N/A | 188,666 | SF | |
Property | 7.03 | City National Park | N/A | N/A | 7000 Palmetto Park Road and 22125 Powerline Road | Boca Raton | Palm Beach | FL | 33433 | 1986; 1991; 1998 | N/A | 132,207 | SF | |
Property | 7.04 | Grove Centre | N/A | N/A | 21301 Powerline Road | Boca Raton | Palm Beach | FL | 33433 | 1983 | 2017 | 61,522 | SF | |
Loan | 8 | Park Del Amo | N/A | N/A | 2355 & 2377 Crenshaw Boulevard | Torrance | Los Angeles | CA | 90501 | 1985 | 2017 | 205,312 | SF | |
Loan | 13 | 9 | Lakeshore Business Center | N/A | N/A | 3201 & 3125 West Commercial Boulevard and 5100 & 5200 Northwest 33rd Avenue | Fort Lauderdale | Broward | FL | 33309 | 1987;1989;2000 | N/A | 237,682 | SF |
Loan | 6, 7, 13 | 10 | Southern Flexible–Apartment Portfolio | 605 | Units | |||||||||
Property | 10.01 | Siegel Suites – San Antonio, TX | N/A | N/A | 3855 North PanAm Expressway | San Antonio | Bexar | TX | 78219 | 1963 | 2020 | 182 | Units | |
Property | 10.02 | Siegel Select – Albuquerque, NM | N/A | N/A | 2500 University Boulevard Northeast | Albuquerque | Bernalillo | NM | 87107 | 1985 | 2019 | 208 | Units | |
Property | 10.03 | Siegel Select – Bossier City, LA | N/A | N/A | 3070 East Texas Street | Bossier City | Bossier Parish | LA | 71111 | 1995 | 2018 | 119 | Units | |
Property | 10.04 | Siegel Suites – Holland, OH | N/A | N/A | 6101 Trust Drive | Holland | Lucas | OH | 43528 | 1987 | 2019-2020 | 96 | Units | |
Loan | 7, 14, 15 | 11 | 250 Bedford Avenue | N/A | N/A | 129-139 North 3rd Street a/k/a 248-252 Bedford Avenue a/k/a 195-205 Berry Street | Brooklyn | Kings | NY | 11249 | 2010 | N/A | 52,032 | SF |
Loan | 6, 7 | 12 | Lake Region Portfolio | 297,498 | SF | |||||||||
Property | 12.01 | US Storage Centers - Duluth | N/A | N/A | 3210 West Michigan Street | Duluth | Saint Louis | MN | 55806 | 2004-2007 | N/A | 120,035 | SF | |
Property | 12.02 | US Storage Centers - St. Paul | N/A | N/A | 606 Vandalia Street | Saint Paul | Ramsey | MN | 55114 | 2009 | N/A | 101,628 | SF | |
Property | 12.03 | US Storage Centers - Brainerd | N/A | N/A | 16231 State Highway 371 | Brainerd | Crow Wing | MN | 56468 | 2002 | N/A | 63,915 | SF | |
Property | 12.04 | US Storage Centers - Pine Tree | N/A | N/A | 14647 State Highway 18 | Brainerd | Crow Wing | MN | 56401 | 1998 | N/A | 11,920 | SF | |
Loan | 7 | 13 | Heath Town Center | N/A | N/A | 453, 455, 457, 459, 465, 469, 473, 551 and 585 Laurence Drive | Heath | Rockwall | TX | 75032 | 2019 | N/A | 77,669 | SF |
Loan | 5, 7, 16, 17 | 14 | McClellan Park | N/A | N/A | Various | McClellan | Sacramento | CA | 95652 | 1938 | 2019 | 6,925,484 | SF |
Loan | 8, 18 | 15 | 111 Fourth Avenue | N/A | N/A | 111 Fourth Avenue | New York | New York | NY | 10003 | 1921 | 1988 | 161 | Units |
Loan | 16 | Extra Space Storage - DC | N/A | N/A | 2800 8th Street Northeast | Washington | District of Columbia | DC | 20017 | 2017 | N/A | 71,430 | SF | |
Loan | 13, 19 | 17 | 12900 I Street | N/A | N/A | 12900 I Street | Omaha | Douglas | NE | 68137 | 1958 | N/A | 607,375 | SF |
Loan | 18 | ASM America HQ | N/A | N/A | 3420-3440 East University Drive | Phoenix | Maricopa | AZ | 85034 | 1997 | N/A | 130,282 | SF | |
Loan | 20 | 19 | Chapel Lakes | N/A | N/A | 100 Chapel Lakes Drive | Wetumpka | Elmore | AL | 36092 | 2005 | N/A | 152 | Units |
Loan | 20 | Candlewood Apartments & Country Villas | N/A | N/A | 5958-5982, 5938-5956, 5928-5936, 5912-5926, 5902-5910, 5901-5915, 5919-5931, 5933-5947 Oak River Drive and 8401 Aiken Court | Tampa | Hillsborough | FL | 33615 | 1981-1983 | N/A | 211 | Units | |
Loan | 21 | El Paseo | N/A | N/A | 808, 812-814 State Street; 813-819 Anacapa Street; 23-25 East De La Guerra Street; 1-38 and 101-129 El Paseo | Santa Barbara | Santa Barbara | CA | 93101 | 1922 | 1997 | 57,687 | SF | |
Loan | 22 | Olin Technology Administration Center | N/A | N/A | 604 Highway 332 | Lake Jackson | Brazoria | TX | 77566 | 1977 | 2020 | 62,500 | SF | |
Loan | 6 | 23 | North Austin Portfolio | 82,002 | SF | |||||||||
Property | 23.01 | Cold Springs Marketplace | N/A | N/A | 15609 Ronald Wilson Reagan Boulevard | Leander | Williamson | TX | 78641 | 2016 | N/A | 52,278 | SF | |
Property | 23.02 | Old Settlers Market | N/A | N/A | 1400 East Old Settlers Boulevard | Round Rock | Williamson | TX | 78664 | 2006 | N/A | 29,724 | SF | |
Loan | 18 | 24 | Towne House Village North Owners, Inc. | N/A | N/A | 700 Blydenburgh Road | Hauppauge | Suffolk | NY | 11788 | 1970 | 2018 | 167 | Units |
Loan | 25 | 2 Boston Post Road | N/A | N/A | 2 Boston Post Road | Orange | New Haven | CT | 06477 | 1993 | 2020 | 137,670 | SF | |
Loan | 6, 7 | 26 | Walgreens Sale-Leaseback Portfolio - NV,FL,TX | 43,020 | SF | |||||||||
Property | 26.01 | 2389 East Windmill | N/A | N/A | 2389 East Windmill Lane | Las Vegas | Clark | NV | 89123 | 1998 | 2015 | 13,821 | SF | |
Property | 26.02 | 12601 Tech Ridge Boulevard | N/A | N/A | 12601 Tech Ridge Boulevard | Austin | Travis | TX | 78753 | 2005 | N/A | 14,717 | SF | |
Property | 26.03 | 850 43rd Avenue Southwest | N/A | N/A | 850 43rd Avenue Southwest | Vero Beach | Indian River | FL | 32968 | 2006 | N/A | 14,482 | SF | |
Loan | 18 | 27 | Valerie Arms Apartment Corp. | N/A | N/A | 54-40 and 54-44 Little Neck Parkway | Little Neck | Queens | NY | 11362 | 1962 | 2014 | 252 | Units |
Loan | 18 | 28 | Blossom Gardens Apartments, Inc. | N/A | N/A | 134-30 Franklin Avenue, 134-34 Franklin Avenue, 134-33 Blossom Avenue, and 134-39 Blossom Avenue | Flushing | Queens | NY | 11355 | 1951 | 1998 | 184 | Units |
Loan | 29 | Extra Space Storage - Lompoc, CA | N/A | N/A | 2225 Briar Creek Way | Lompoc | Santa Barbara | CA | 93436 | 2015 | N/A | 67,000 | SF | |
Loan | 30 | A Storage Place – Fort Collins | N/A | N/A | 232 East County Road 30 | Loveland | Larimer | CO | 80538 | 1997 | 2007 | 122,250 | SF | |
Loan | 31 | Foley Cubesmart | N/A | N/A | 3521 South McKenzie Street | Foley | Baldwin | AL | 36535 | 2019 | N/A | 69,250 | SF | |
Loan | 32 | Lowe’s Cromwell | N/A | N/A | 90 Berlin Road | Cromwell | Middlesex | CT | 06416 | 2009 | N/A | 124,691 | SF | |
Loan | 6, 21 | 33 | CVS-Walgreens Portfolio | 25,398 | SF | |||||||||
Property | 33.01 | Walgreens | N/A | N/A | 100 Admiral Weinel Boulevard | Columbia | Monroe | IL | 62236 | 2003 | N/A | 14,490 | SF | |
Property | 33.02 | CVS | N/A | N/A | 6217 Silver Star Road | Orlando | Orange | FL | 32808 | 1997 | N/A | 10,908 | SF | |
Loan | 34 | Winding Way Apartments | N/A | N/A | 5801 Winding Way | Carmichael | Sacramento | CA | 95608 | 1966 | N/A | 73 | Units | |
Loan | 22 | 35 | Yuba City 99 Self Storage | N/A | N/A | 1268 Stewart Road | Yuba City | Sutter | CA | 95991 | 2004 | N/A | 94,345 | SF |
Loan | 36 | Summer Haven MHP | N/A | N/A | 650 Summerhaven | Forney | Kaufman | TX | 75126 | 1970 | N/A | 106 | Pads | |
Loan | 37 | Lockaway Self Storage - Castro Valley, CA | N/A | N/A | 8555 Dublin Canyon Road | Castro Valley | Alameda | CA | 94552 | 2007 | N/A | 83,930 | SF | |
Loan | 38 | CVS Bartlesville OK | N/A | N/A | 3711 Southeast Frank Phillips Boulevard | Bartlesville | Washington | OK | 74006 | 2014 | N/A | 13,225 | SF | |
Loan | 39 | WAG - Aurora, CO | N/A | N/A | 12011 East Iliff Avenue | Aurora | Arapahoe | CO | 80014 | 2007 | N/A | 14,121 | SF | |
Loan | 40 | Woodland Park Self Storage, Sheridan, WY | N/A | N/A | 5211 Coffeen Avenue | Sheridan | Sheridan | WY | 82801 | 1991 | N/A | 122,838 | SF | |
Loan | 13 | 41 | Holiday Acres MHP | N/A | N/A | 2701 Leary Lane | Victoria | Victoria | TX | 77901 | 1971 | N/A | 137 | Pads |
Loan | 8 | 42 | 52 Ludlow Street | N/A | N/A | 52 Ludlow Street | New York | New York | NY | 10002 | 1910 | 2017-2019 | 10 | Units |
A-1-5
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Ground Lease Initial Lease Expiration Date | Hotel Franchise Agreement Expiration Date | Address | City | County | State | Zip Code | Year Built | Year Renovated | Size | Units of Measure |
Loan | 43 | Stuff Ur Storage Henderson, NV | N/A | N/A | 651 Eastgate Road | Henderson | Clark | NV | 89011 | 1989 | N/A | 91,010 | SF | |
Loan | 23 | 44 | 16680 Valley View Avenue Data Center | N/A | N/A | 16680 Valley View Avenue | La Mirada | Los Angeles | CA | 90638 | 1982; 2007 | 2019 | 16,529 | SF |
Loan | 18 | 45 | Tee-Lex Operating Inc. | N/A | N/A | 288 Lexington Avenue | New York | New York | NY | 10016 | 1955 | 2000 | 95 | Units |
Loan | 18 | 46 | 30 Clinton Place Owners, Inc. | N/A | N/A | 30 Clinton Place | New Rochelle | Westchester | NY | 10801 | 1938 | 1999 | 51 | Units |
Loan | 47 | Gold Creek Apartments | N/A | N/A | 2150 Benita Drive | Rancho Cordova | Sacramento | CA | 95670 | 1975 | N/A | 70 | Units | |
Loan | 48 | Storelocal - Coeur d’Alene, ID | N/A | N/A | 3628 West Industrial Loop & 3655 North Cederblom Street | Coeur d’Alene | Kootenai | ID | 83815 | 1980, 1991 | N/A | 63,577 | SF | |
Loan | 18 | 49 | Larchmont Gables Apartment Corp. | N/A | N/A | 1440-1456 Boston Post Road | Larchmont | Westchester | NY | 10538 | 1924 | 2000 | 48 | Units |
Loan | 13, 18 | 50 | 305 Equities Corp. | N/A | N/A | 303-307 West 86th Street | New York | New York | NY | 10024 | 1926 | 2006 | 48 | Units |
Loan | 51 | Glenview Mobile Lodge Community | N/A | N/A | 13445 Hwy 8 Business (aka 13445 I-8BL) | El Cajon | San Diego | CA | 92021 | 1950 | N/A | 51 | Pads | |
Loan | 18 | 52 | 511 West 232nd Owners Corp. | N/A | N/A | 511 West 232nd Street | Bronx | Bronx | NY | 10463 | 1938 | 2015 | 66 | Units |
Loan | 18 | 53 | Shore Lane Arms Owners Corp. | N/A | N/A | 9801 Shore Road | Brooklyn | Kings | NY | 11209 | 1954 | 2005 | 98 | Units |
Loan | 8, 13 | 54 | 69 Meserole Avenue | N/A | N/A | 69 Meserole Avenue | Brooklyn | Kings | NY | 11222 | 1928 | N/A | 8 | Units |
Loan | 18 | 55 | 267 W. 89 Owners Corp. | N/A | N/A | 267 West 89th Street | New York | New York | NY | 10024 | 1910 | 2000 | 32 | Units |
Loan | 18 | 56 | 169 Spring Owners Corp. | N/A | N/A | 165/169 Spring Street a/k/a 408/410 West Broadway | New York | New York | NY | 10027 | 1882 | 2008 | 12 | Units |
Loan | 18 | 57 | 14 Jay Street Owners Corp. | N/A | N/A | 14 Jay Street | New York | New York | NY | 10013 | 1882 | 2014 | 7 | Units |
Loan | 18 | 58 | 327-329 4th St. Owners Corp. | N/A | N/A | 327-329 4th Street | Brooklyn | Kings | NY | 11215 | 1920 | 2013 | 9 | Units |
Loan | 18 | 59 | 210 Equities Corp. | N/A | N/A | 210 West 21st Street | New York | New York | NY | 10011 | 1902 | 2005 | 28 | Units |
Loan | 18 | 60 | 39-75 56th Street Owners Corp. | N/A | N/A | 39-75 56th Street | Woodside | Queens | NY | 11377 | 1928 | 1995 | 53 | Units |
Loan | 61 | Squaw Valley Mobile Home Community | N/A | N/A | 33501 South Ta Do Hoya Trail | Black Canyon City | Yavapai | AZ | 85324 | 1974 | N/A | 49 | Pads | |
Loan | 18 | 62 | Woodbury Gardens Redevelopment Company Owners Corp. | N/A | N/A | Jericho Turnpike | Woodbury | Nassau | NY | 11797 | 1999 | 1999 | 214 | Units |
Loan | 18 | 63 | Parkway Owners Inc. | N/A | N/A | 1910 Pelham Parkway South | Bronx | Bronx | NY | 10461 | 1963 | 2001 | 51 | Units |
Loan | 18 | 64 | 91 Tenants Corp. | N/A | N/A | 114 East 91st Street | New York | New York | NY | 10128 | 1890 | 2000 | 8 | Units |
A-1-6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Occupancy Rate(2) | Occupancy Rate As-of Date | Appraised Value | Appraised Value As-of Date | Mortgage Rate | Administrative Fee Rate(3) | Master Servicing Fee Rate | Primary Servicing Fee Rate | Pari Passu Loan Primary Servicing Fee Rate | Trustee Fee Rate | Trust Advisor Fee Rate | Asset Representations Reviewer Fee Rate | CREFC Fee Rate | Interest Accrual Basis | Seasoning (mos.) | ARD (Yes/No) | Original Term to Maturity (mos.) | Remaining Term to Maturity (mos.) | Original Interest-Only Period (mos.) | |
Loan | 5, 9 | 1 | Pathline Park 9 & 10 | 100.0% | 3/1/2021 | $251,000,000 | 6/1/2021 | 2.5020% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | |
Loan | 5, 10 | 2 | Miami Design District | 88.5% | 9/1/2020 | $856,000,000 | 3/1/2020 | 4.1325% | 0.01576% | 0.00250% | 0.00000% | 0.00250% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 12 | No | 120 | 108 | 120 | |
Loan | 5, 6, 7, 11 | 3 | Extra Space Rock ‘N Roll Self Storage Portfolio | 94.3% | $186,530,000 | 3.3255% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | |||
Property | 3.01 | Houston - Katy Fwy | 94.0% | 2/1/2021 | $17,800,000 | 1/12/2021 | |||||||||||||||||
Property | 3.02 | Santa Maria - Skyway Dr | 90.7% | 2/1/2021 | $14,160,000 | 1/12/2021 | |||||||||||||||||
Property | 3.03 | Redlands – Alabama St | 96.6% | 2/1/2021 | $13,950,000 | 1/12/2021 | |||||||||||||||||
Property | 3.04 | Sacramento - Franklin Blvd | 96.9% | 2/1/2021 | $14,380,000 | 1/13/2021 | |||||||||||||||||
Property | 3.05 | Dallas - Northwest Hwy | 91.3% | 2/1/2021 | $10,980,000 | 1/15/2021 | |||||||||||||||||
Property | 3.06 | Sacramento - 5051 Perry Ave | 95.9% | 2/1/2021 | $12,420,000 | 1/13/2021 | |||||||||||||||||
Property | 3.07 | Chicago - 95th St | 91.5% | 2/1/2021 | $9,900,000 | 1/15/2021 | |||||||||||||||||
Property | 3.08 | Chicago - West Addison | 93.3% | 2/1/2021 | $11,650,000 | 1/13/2021 | |||||||||||||||||
Property | 3.09 | Tracy - 787 E 11th St | 97.0% | 2/1/2021 | $11,160,000 | 1/12/2021 | |||||||||||||||||
Property | 3.10 | Tracy - 780 E 11th St | 99.2% | 2/1/2021 | $10,840,000 | 1/12/2021 | |||||||||||||||||
Property | 3.11 | Fredericksburg - 5219 Plank Rd | 95.3% | 2/1/2021 | $9,360,000 | 1/14/2021 | |||||||||||||||||
Property | 3.12 | North Aurora - Lincolnway | 92.7% | 2/1/2021 | $9,100,000 | 1/15/2021 | |||||||||||||||||
Property | 3.13 | Spring - I-45 North | 94.7% | 2/1/2021 | $8,400,000 | 1/14/2021 | |||||||||||||||||
Property | 3.14 | Chicago - Pulaski Rd | 94.9% | 2/1/2021 | $9,500,000 | 1/15/2021 | |||||||||||||||||
Property | 3.15 | El Paso - Desert Blvd | 96.3% | 2/1/2021 | $6,300,000 | 1/11/2021 | |||||||||||||||||
Property | 3.16 | Mt Pleasant - Bowman Rd | 92.8% | 2/1/2021 | $5,390,000 | 1/15/2021 | |||||||||||||||||
Loan | 5, 8 | 4 | 605 Third Avenue | 97.2% | 10/1/2020 | $685,000,000 | 11/1/2020 | 1.9375% | 0.01576% | 0.00250% | 0.00000% | 0.00250% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 3 | No | 120 | 117 | 120 | |
Loan | 12 | 5 | 530 Seventh Avenue Fee | 100.0% | 12/1/2020 | $141,000,000 | 1/20/2021 | 2.3600% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | |
Loan | 6 | 6 | ExchangeRight Net Leased Portfolio #43 | 100.0% | $61,530,000 | 3.2530% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | |||
Property | 6.01 | Lowe’s - Dalton (Cleveland), GA | 100.0% | 3/1/2021 | $10,075,000 | 1/9/2021 | |||||||||||||||||
Property | 6.02 | Natural Grocers - Grand Forks (32nd Avenue), ND | 100.0% | 3/1/2021 | $5,550,000 | 1/10/2021 | |||||||||||||||||
Property | 6.03 | Tractor Supply - Patterson (Rte-311), NY | 100.0% | 3/1/2021 | $5,500,000 | 12/1/2020 | |||||||||||||||||
Property | 6.04 | Walgreens (Grand) - Ames, IA | 100.0% | 3/1/2021 | $5,200,000 | 1/9/2021 | |||||||||||||||||
Property | 6.05 | Walgreens - Baltimore (Liberty), MD | 100.0% | 3/1/2021 | $4,350,000 | 1/8/2021 | |||||||||||||||||
Property | 6.06 | Walgreens - Independence (East 23rd), MO | 100.0% | 3/1/2021 | $3,975,000 | 1/8/2021 | |||||||||||||||||
Property | 6.07 | Fresenius Medical Care - Cary (Stamford), NC | 100.0% | 3/1/2021 | $3,970,000 | 1/11/2021 | |||||||||||||||||
Property | 6.08 | Walgreens - Skokie (Skokie), IL | 100.0% | 3/1/2021 | $3,900,000 | 1/10/2021 | |||||||||||||||||
Property | 6.09 | Tractor Supply - Anderson (Scatterfield), IN | 100.0% | 3/1/2021 | $3,450,000 | 1/5/2021 | |||||||||||||||||
Property | 6.10 | M&T Bank - Rochester (Latta), NY | 100.0% | 3/1/2021 | $3,350,000 | 1/13/2021 | |||||||||||||||||
Property | 6.11 | Fresenius Medical Care - Walker (Walker), LA | 100.0% | 3/1/2021 | $3,000,000 | 1/7/2021 | |||||||||||||||||
Property | 6.12 | Sherwin Williams - Noblesville (Sunny), IN | 100.0% | 3/1/2021 | $2,950,000 | 1/12/2021 | |||||||||||||||||
Property | 6.13 | Sherwin Williams - Bloomington (Gates), IN | 100.0% | 3/1/2021 | $2,250,000 | 1/5/2021 | |||||||||||||||||
Property | 6.14 | Dollar Tree - Midland (Big Spring), TX | 100.0% | 3/1/2021 | $2,010,000 | 1/9/2021 | |||||||||||||||||
Property | 6.15 | Sherwin Williams - Hamilton (Walden), OH | 100.0% | 3/1/2021 | $2,000,000 | 1/7/2021 | |||||||||||||||||
Loan | 5, 6, 7, 11 | 7 | Boca Office Portfolio | 90.4% | $155,900,000 | 4.0200% | 0.01451% | 0.00250% | 0.00000% | 0.00125% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 60 | 60 | 60 | |||
Property | 7.01 | Boardwalk @ 18th | 91.8% | 1/23/2021 | $49,500,000 | 10/22/2020 | |||||||||||||||||
Property | 7.02 | Fountains Center | 84.5% | 1/23/2021 | $44,500,000 | 11/13/2020 | |||||||||||||||||
Property | 7.03 | City National Park | 97.4% | 1/23/2021 | $39,200,000 | 11/13/2020 | |||||||||||||||||
Property | 7.04 | Grove Centre | 90.8% | 1/23/2021 | $17,500,000 | 10/22/2020 | |||||||||||||||||
Loan | 8 | Park Del Amo | 89.1% | 1/25/2021 | $42,000,000 | 1/22/2021 | 2.8650% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | ||
Loan | 13 | 9 | Lakeshore Business Center | 82.6% | 1/15/2021 | $40,251,546 | 12/15/2020 | 3.9500% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 61 | |
Loan | 6, 7, 13 | 10 | Southern Flexible–Apartment Portfolio | 94.2% | $38,270,000 | 3.8000% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 61 | |||
Property | 10.01 | Siegel Suites – San Antonio, TX | 92.9% | 2/1/2021 | $11,720,000 | 10/20/2020 | |||||||||||||||||
Property | 10.02 | Siegel Select – Albuquerque, NM | 90.9% | 2/1/2021 | $12,250,000 | 10/22/2020 | |||||||||||||||||
Property | 10.03 | Siegel Select – Bossier City, LA | 97.5% | 2/1/2021 | $7,400,000 | 10/27/2020 | |||||||||||||||||
Property | 10.04 | Siegel Suites – Holland, OH | 100.0% | 2/1/2021 | $6,900,000 | 10/15/2020 | |||||||||||||||||
Loan | 7, 14, 15 | 11 | 250 Bedford Avenue | 100.0% | 1/1/2021 | $36,300,000 | 12/2/2020 | 3.2650% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 2 | No | 120 | 118 | 120 | |
Loan | 6, 7 | 12 | Lake Region Portfolio | 90.8% | $30,750,000 | 3.4900% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | |||
Property | 12.01 | US Storage Centers - Duluth | 94.2% | 2/1/2021 | $15,100,000 | 9/22/2020 | |||||||||||||||||
Property | 12.02 | US Storage Centers - St. Paul | 86.2% | 2/1/2021 | $9,150,000 | 9/21/2020 | |||||||||||||||||
Property | 12.03 | US Storage Centers - Brainerd | 90.1% | 2/1/2021 | $5,950,000 | 9/21/2020 | |||||||||||||||||
Property | 12.04 | US Storage Centers - Pine Tree | 99.3% | 2/1/2021 | $550,000 | 9/21/2020 | |||||||||||||||||
Loan | 7 | 13 | Heath Town Center | 97.6% | 1/31/2021 | $28,100,000 | 12/28/2020 | 3.9950% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | |
Loan | 5, 7, 16, 17 | 14 | McClellan Park | 86.8% | 9/15/2020 | $595,000,000 | 9/15/2020 | 3.3090% | 0.01451% | 0.00250% | 0.00000% | 0.00125% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 3 | No | 120 | 117 | 120 | |
Loan | 8, 18 | 15 | 111 Fourth Avenue | 100.0% | 12/2/2020 | $187,060,000 | 12/7/2020 | 2.7250% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 36 | |
Loan | 16 | Extra Space Storage - DC | 91.1% | 12/31/2020 | $21,350,000 | 12/14/2020 | 3.8500% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 24 | ||
Loan | 13, 19 | 17 | 12900 I Street | 100.0% | 2/16/2021 | $37,000,000 | 1/22/2021 | 4.6400% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 1 | |
Loan | 18 | ASM America HQ | 100.0% | 3/1/2021 | $30,200,000 | 12/18/2020 | 2.7800% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 96 | 95 | 96 | ||
Loan | 20 | 19 | Chapel Lakes | 93.4% | 11/23/2020 | $18,100,000 | 11/13/2020 | 3.4840% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 0 | |
Loan | 20 | Candlewood Apartments & Country Villas | 96.7% | 11/6/2020 | $20,700,000 | 11/20/2020 | 3.5250% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | ||
Loan | 21 | El Paseo | 93.6% | 1/19/2021 | $22,750,000 | 10/15/2020 | 3.4990% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 60 | ||
Loan | 22 | Olin Technology Administration Center | 100.0% | 3/1/2021 | $19,200,000 | 12/28/2020 | 3.7850% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | ||
Loan | 6 | 23 | North Austin Portfolio | 93.3% | $22,300,000 | 3.6300% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 24 | |||
Property | 23.01 | Cold Springs Marketplace | 89.5% | 12/31/2020 | $14,500,000 | 12/17/2020 | |||||||||||||||||
Property | 23.02 | Old Settlers Market | 100.0% | 12/31/2020 | $7,800,000 | 12/17/2020 | |||||||||||||||||
Loan | 18 | 24 | Towne House Village North Owners, Inc. | 95.0% | 12/16/2020 | $42,300,000 | 12/16/2020 | 3.1800% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | |
Loan | 25 | 2 Boston Post Road | 100.0% | 3/1/2021 | $24,600,000 | 12/9/2020 | 3.5100% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | ||
Loan | 6, 7 | 26 | Walgreens Sale-Leaseback Portfolio - NV,FL,TX | 100.0% | $14,400,000 | 3.6120% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 60 | |||
Property | 26.01 | 2389 East Windmill | 100.0% | 3/1/2021 | $5,250,000 | 2/3/2021 | |||||||||||||||||
Property | 26.02 | 12601 Tech Ridge Boulevard | 100.0% | 3/1/2021 | $4,950,000 | 2/7/2021 | |||||||||||||||||
Property | 26.03 | 850 43rd Avenue Southwest | 100.0% | 3/1/2021 | $4,200,000 | 2/4/2021 | |||||||||||||||||
Loan | 18 | 27 | Valerie Arms Apartment Corp. | 95.0% | 12/22/2020 | $58,400,000 | 12/22/2020 | 3.0900% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 0 | |
Loan | 18 | 28 | Blossom Gardens Apartments, Inc. | 96.1% | 11/17/2020 | $63,400,000 | 11/17/2020 | 3.2200% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 0 | |
Loan | 29 | Extra Space Storage - Lompoc, CA | 93.5% | 1/31/2021 | $12,880,000 | 1/12/2021 | 3.8520% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | ||
Loan | 30 | A Storage Place – Fort Collins | 92.2% | 12/23/2020 | $11,500,000 | 1/7/2021 | 3.5320% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | ||
Loan | 31 | Foley Cubesmart | 92.5% | 12/31/2020 | $10,900,000 | 12/7/2020 | 3.9700% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 36 | ||
Loan | 32 | Lowe’s Cromwell | 100.0% | 3/1/2021 | $10,200,000 | 11/16/2020 | 4.0300% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | ||
Loan | 6, 21 | 33 | CVS-Walgreens Portfolio | 100.0% | $8,400,000 | 3.6850% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | |||
Property | 33.01 | Walgreens | 100.0% | 3/1/2021 | $4,200,000 | 12/5/2020 | |||||||||||||||||
Property | 33.02 | CVS | 100.0% | 3/1/2021 | $4,200,000 | 11/21/2020 | |||||||||||||||||
Loan | 34 | Winding Way Apartments | 98.6% | 12/31/2020 | $10,100,000 | 11/24/2020 | 3.5350% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | ||
Loan | 22 | 35 | Yuba City 99 Self Storage | 95.5% | 11/30/2020 | $8,900,000 | 12/10/2020 | 3.1600% | 0.07576% | 0.00250% | 0.06250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | |
Loan | 36 | Summer Haven MHP | 95.3% | 2/4/2021 | $7,550,000 | 12/16/2020 | 4.5550% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 36 | ||
Loan | 37 | Lockaway Self Storage - Castro Valley, CA | 98.2% | 2/9/2021 | $10,760,000 | 10/7/2020 | 3.8900% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | ||
Loan | 38 | CVS Bartlesville OK | 100.0% | 3/1/2021 | $8,200,000 | 12/6/2020 | 3.8200% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | ||
Loan | 39 | WAG - Aurora, CO | 100.0% | 3/1/2021 | $7,600,000 | 11/24/2020 | 4.0840% | 0.05576% | 0.00250% | 0.04250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 84 | 83 | 84 | ||
Loan | 40 | Woodland Park Self Storage, Sheridan, WY | 95.8% | 1/25/2021 | $7,110,000 | 12/4/2020 | 3.1800% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | ||
Loan | 13 | 41 | Holiday Acres MHP | 94.9% | 2/5/2021 | $6,210,000 | 12/13/2020 | 4.4700% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 25 | |
Loan | 8 | 42 | 52 Ludlow Street | 100.0% | 2/14/2021 | $9,200,000 | 1/4/2021 | 3.3300% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 |
A-1-7
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Occupancy Rate(2) | Occupancy Rate As-of Date | Appraised Value | Appraised Value As-of Date | Mortgage Rate | Administrative Fee Rate(3) | Master Servicing Fee Rate | Primary Servicing Fee Rate | Pari Passu Loan Primary Servicing Fee Rate | Trustee Fee Rate | Trust Advisor Fee Rate | Asset Representations Reviewer Fee Rate | CREFC Fee Rate | Interest Accrual Basis | Seasoning (mos.) | ARD (Yes/No) | Original Term to Maturity (mos.) | Remaining Term to Maturity (mos.) | Original Interest-Only Period (mos.) | |
Loan | 43 | Stuff Ur Storage Henderson, NV | 93.0% | 1/1/2021 | $8,250,000 | 12/9/2020 | 3.6100% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | ||
Loan | 23 | 44 | 16680 Valley View Avenue Data Center | 100.0% | 3/1/2021 | $7,600,000 | 11/12/2020 | 4.0080% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 24 | |
Loan | 18 | 45 | Tee-Lex Operating Inc. | 94.8% | 11/10/2020 | $45,400,000 | 11/10/2020 | 3.1900% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | |
Loan | 18 | 46 | 30 Clinton Place Owners, Inc. | 95.2% | 10/27/2020 | $10,270,000 | 10/27/2020 | 3.2400% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | |
Loan | 47 | Gold Creek Apartments | 95.7% | 12/31/2020 | $7,800,000 | 11/24/2020 | 3.5350% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | ||
Loan | 48 | Storelocal - Coeur d’Alene, ID | 86.2% | 12/31/2020 | $5,700,000 | 12/18/2020 | 3.6500% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | ||
Loan | 18 | 49 | Larchmont Gables Apartment Corp. | 93.0% | 11/6/2020 | $13,300,000 | 11/6/2020 | 3.2000% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 0 | |
Loan | 13, 18 | 50 | 305 Equities Corp. | 95.3% | 12/29/2020 | $44,800,000 | 12/29/2020 | 2.9900% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 1 | |
Loan | 51 | Glenview Mobile Lodge Community | 100.0% | 1/28/2021 | 4520000 | 12/15/2020 | 4.6900% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | ||
Loan | 18 | 52 | 511 West 232nd Owners Corp. | 93.0% | 1/5/2021 | $17,250,000 | 1/5/2021 | 3.1200% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 0 | |
Loan | 18 | 53 | Shore Lane Arms Owners Corp. | 93.0% | 9/1/2020 | $39,730,000 | 9/1/2020 | 3.2700% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 0 | |
Loan | 8, 13 | 54 | 69 Meserole Avenue | 100.0% | 1/1/2021 | $3,100,000 | 11/12/2020 | 4.1700% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 121 | 121 | 121 | |
Loan | 18 | 55 | 267 W. 89 Owners Corp. | 95.2% | 12/2/2020 | $40,100,000 | 12/2/2020 | 3.2200% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | |
Loan | 18 | 56 | 169 Spring Owners Corp. | 91.8% | 8/10/2020 | $56,620,000 | 8/10/2020 | 3.3600% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 0 | |
Loan | 18 | 57 | 14 Jay Street Owners Corp. | 93.1% | 12/8/2020 | $19,900,000 | 12/8/2020 | 3.3600% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | |
Loan | 18 | 58 | 327-329 4th St. Owners Corp. | 93.0% | 12/23/2020 | $8,440,000 | 12/23/2020 | 3.4500% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 0 | |
Loan | 18 | 59 | 210 Equities Corp. | 96.1% | 11/16/2020 | $26,930,000 | 11/16/2020 | 3.3500% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 0 | |
Loan | 18 | 60 | 39-75 56th Street Owners Corp. | 93.0% | 12/16/2020 | $15,360,000 | 12/16/2020 | 3.3300% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 0 | |
Loan | 61 | Squaw Valley Mobile Home Community | 93.9% | 2/12/2021 | $2,300,000 | 12/29/2020 | 5.1100% | 0.01576% | 0.00250% | 0.00250% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 36 | ||
Loan | 18 | 62 | Woodbury Gardens Redevelopment Company Owners Corp. | 93.0% | 10/27/2020 | $101,100,000 | 10/27/2020 | 3.2900% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 0 | |
Loan | 18 | 63 | Parkway Owners Inc. | 93.0% | 1/26/2021 | $8,350,000 | 1/26/2021 | 3.3800% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 0 | |
Loan | 18 | 64 | 91 Tenants Corp. | 94.0% | 1/27/2021 | $5,630,000 | 1/27/2021 | 3.3500% | 0.09076% | 0.08000% | 0.00000% | 0.00000% | 0.00851% | 0.00147% | 0.00028% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 |
A-1-8
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Remaining Interest-Only Period (mos.) | Original Amortization Term (mos.) | Remaining Amortization Term (mos.) | Note Date | First Payment Date | First P&I Payment Date (Partial IO Loans) | Maturity Date | ARD Loan Final Maturity Date | Monthly Debt Service (P&I) | Monthly Debt Service (IO) | Annual Debt Service (P&I) | Annual Debt Service (IO) | Lockbox Type | Cash Management Status | Crossed With Other Loans | Related-Borrower Loans | UW NOI DSCR (P&I) | UW NOI DSCR (IO) | UW NCF DSCR (P&I) |
Loan | 5, 9 | 1 | Pathline Park 9 & 10 | 119 | 0 | 0 | 2/2/2021 | 3/11/2021 | N/A | 2/11/2031 | N/A | $0.00 | $190,256.25 | $0.00 | $2,283,075.00 | Hard | Springing | No | N/A | N/A | 4.03x | N/A |
Loan | 5, 10 | 2 | Miami Design District | 108 | 0 | 0 | 2/28/2020 | 4/1/2020 | N/A | 3/1/2030 | N/A | $0.00 | $314,242.19 | $0.00 | $3,770,906.28 | Hard | Springing | No | N/A | N/A | 2.21x | N/A |
Loan | 5, 6, 7, 11 | 3 | Extra Space Rock ‘N Roll Self Storage Portfolio | 120 | 0 | 0 | 3/1/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $0.00 | $252,876.56 | $0.00 | $3,034,518.72 | Springing | Springing | No | N/A | N/A | 2.61x | N/A |
Property | 3.01 | Houston - Katy Fwy | ||||||||||||||||||||
Property | 3.02 | Santa Maria - Skyway Dr | ||||||||||||||||||||
Property | 3.03 | Redlands – Alabama St | ||||||||||||||||||||
Property | 3.04 | Sacramento - Franklin Blvd | ||||||||||||||||||||
Property | 3.05 | Dallas - Northwest Hwy | ||||||||||||||||||||
Property | 3.06 | Sacramento - 5051 Perry Ave | ||||||||||||||||||||
Property | 3.07 | Chicago - 95th St | ||||||||||||||||||||
Property | 3.08 | Chicago - West Addison | ||||||||||||||||||||
Property | 3.09 | Tracy - 787 E 11th St | ||||||||||||||||||||
Property | 3.10 | Tracy - 780 E 11th St | ||||||||||||||||||||
Property | 3.11 | Fredericksburg - 5219 Plank Rd | ||||||||||||||||||||
Property | 3.12 | North Aurora - Lincolnway | ||||||||||||||||||||
Property | 3.13 | Spring - I-45 North | ||||||||||||||||||||
Property | 3.14 | Chicago - Pulaski Rd | ||||||||||||||||||||
Property | 3.15 | El Paso - Desert Blvd | ||||||||||||||||||||
Property | 3.16 | Mt Pleasant - Bowman Rd | ||||||||||||||||||||
Loan | 5, 8 | 4 | 605 Third Avenue | 117 | 0 | 0 | 11/20/2020 | 1/5/2021 | N/A | 12/5/2030 | N/A | $0.00 | $116,228.78 | $0.00 | $1,394,745.36 | Hard | Springing | No | N/A | N/A | 7.08x | N/A |
Loan | 12 | 5 | 530 Seventh Avenue Fee | 120 | 0 | 0 | 2/26/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $0.00 | $109,668.98 | $0.00 | $1,316,027.76 | Springing | Springing | No | N/A | N/A | 3.97x | N/A |
Loan | 6 | 6 | ExchangeRight Net Leased Portfolio #43 | 120 | 0 | 0 | 2/9/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $0.00 | $104,827.17 | $0.00 | $1,257,926.04 | Hard | Springing | No | N/A | N/A | 2.72x | N/A |
Property | 6.01 | Lowe’s - Dalton (Cleveland), GA | ||||||||||||||||||||
Property | 6.02 | Natural Grocers - Grand Forks (32nd Avenue), ND | ||||||||||||||||||||
Property | 6.03 | Tractor Supply - Patterson (Rte-311), NY | ||||||||||||||||||||
Property | 6.04 | Walgreens (Grand) - Ames, IA | ||||||||||||||||||||
Property | 6.05 | Walgreens - Baltimore (Liberty), MD | ||||||||||||||||||||
Property | 6.06 | Walgreens - Independence (East 23rd), MO | ||||||||||||||||||||
Property | 6.07 | Fresenius Medical Care - Cary (Stamford), NC | ||||||||||||||||||||
Property | 6.08 | Walgreens - Skokie (Skokie), IL | ||||||||||||||||||||
Property | 6.09 | Tractor Supply - Anderson (Scatterfield), IN | ||||||||||||||||||||
Property | 6.10 | M&T Bank - Rochester (Latta), NY | ||||||||||||||||||||
Property | 6.11 | Fresenius Medical Care - Walker (Walker), LA | ||||||||||||||||||||
Property | 6.12 | Sherwin Williams - Noblesville (Sunny), IN | ||||||||||||||||||||
Property | 6.13 | Sherwin Williams - Bloomington (Gates), IN | ||||||||||||||||||||
Property | 6.14 | Dollar Tree - Midland (Big Spring), TX | ||||||||||||||||||||
Property | 6.15 | Sherwin Williams - Hamilton (Walden), OH | ||||||||||||||||||||
Loan | 5, 6, 7, 11 | 7 | Boca Office Portfolio | 60 | 0 | 0 | 2/17/2021 | 4/6/2021 | N/A | 3/6/2026 | N/A | $0.00 | $100,876.88 | $0.00 | $1,210,522.56 | Soft | Springing | No | N/A | N/A | 2.59x | N/A |
Property | 7.01 | Boardwalk @ 18th | ||||||||||||||||||||
Property | 7.02 | Fountains Center | ||||||||||||||||||||
Property | 7.03 | City National Park | ||||||||||||||||||||
Property | 7.04 | Grove Centre | ||||||||||||||||||||
Loan | 8 | Park Del Amo | 120 | 0 | 0 | 3/1/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $0.00 | $68,117.36 | $0.00 | $817,408.32 | Hard | Springing | No | N/A | N/A | 4.17x | N/A | |
Loan | 13 | 9 | Lakeshore Business Center | 61 | 360 | 360 | 3/3/2021 | 4/1/2021 | 5/1/2026 | 4/1/2031 | N/A | $119,108.85 | $83,768.34 | 1,429,306.20 | $1,005,220.08 | Springing | Springing | No | N/A | 1.92x | 2.73x | 1.66x |
Loan | 6, 7, 13 | 10 | Southern Flexible–Apartment Portfolio | 61 | 360 | 360 | 3/4/2021 | 4/1/2021 | 5/1/2026 | 4/1/2031 | N/A | $100,180.83 | $69,028.94 | 1,202,169.96 | $828,347.28 | Springing | Springing | No | N/A | 2.65x | 3.85x | 2.50x |
Property | 10.01 | Siegel Suites – San Antonio, TX | ||||||||||||||||||||
Property | 10.02 | Siegel Select – Albuquerque, NM | ||||||||||||||||||||
Property | 10.03 | Siegel Select – Bossier City, LA | ||||||||||||||||||||
Property | 10.04 | Siegel Suites – Holland, OH | ||||||||||||||||||||
Loan | 7, 14, 15 | 11 | 250 Bedford Avenue | 118 | 0 | 0 | 12/23/2020 | 2/1/2021 | N/A | 1/1/2031 | N/A | $0.00 | $55,172.45 | $0.00 | $662,069.40 | Hard | Springing | No | N/A | N/A | 2.66x | N/A |
Loan | 6, 7 | 12 | Lake Region Portfolio | 119 | 0 | 0 | 2/4/2021 | 3/11/2021 | N/A | 2/11/2031 | N/A | $0.00 | $55,141.19 | $0.00 | $661,694.28 | Springing | Springing | No | N/A | N/A | 2.95x | N/A |
Property | 12.01 | US Storage Centers - Duluth | ||||||||||||||||||||
Property | 12.02 | US Storage Centers - St. Paul | ||||||||||||||||||||
Property | 12.03 | US Storage Centers - Brainerd | ||||||||||||||||||||
Property | 12.04 | US Storage Centers - Pine Tree | ||||||||||||||||||||
Loan | 7 | 13 | Heath Town Center | 120 | 0 | 0 | 2/4/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $0.00 | $56,706.81 | $0.00 | $680,481.72 | Springing | Springing | No | N/A | N/A | 2.18x | N/A |
Loan | 5, 7, 16, 17 | 14 | McClellan Park | 117 | 0 | 0 | 11/13/2020 | 1/11/2021 | N/A | 12/11/2030 | N/A | $0.00 | $46,410.26 | $0.00 | $556,923.12 | Hard | Springing | No | N/A | N/A | 3.13x | N/A |
Loan | 8, 18 | 15 | 111 Fourth Avenue | 35 | 360 | 360 | 1/26/2021 | 3/1/2021 | 3/1/2024 | 2/1/2031 | N/A | $61,037.73 | $34,535.59 | 732,452.76 | $414,427.08 | N/A | N/A | No | N/A | 3.92x | 6.94x | 3.86x |
Loan | 16 | Extra Space Storage - DC | 23 | 360 | 360 | 2/4/2021 | 3/11/2021 | 3/11/2023 | 2/11/2031 | N/A | $67,977.19 | $47,166.96 | 815,726.28 | $566,003.52 | Springing | Springing | No | N/A | 1.43x | 2.06x | 1.42x | |
Loan | 13, 19 | 17 | 12900 I Street | 1 | 360 | 360 | 3/4/2021 | 4/1/2021 | 5/1/2021 | 4/1/2031 | N/A | $72,105.27 | $54,885.19 | 865,263.24 | $658,622.28 | Springing | Springing | No | N/A | 3.23x | 4.24x | 2.84x |
Loan | 18 | ASM America HQ | 95 | 0 | 0 | 1/28/2021 | 3/1/2021 | N/A | 2/1/2029 | N/A | $0.00 | $30,182.63 | $0.00 | $362,191.56 | Hard | In Place | No | N/A | N/A | 3.93x | N/A | |
Loan | 20 | 19 | Chapel Lakes | 0 | 360 | 359 | 2/3/2021 | 3/11/2021 | N/A | 2/11/2031 | N/A | $56,467.16 | $0.00 | 677,605.92 | $0 | Soft | Springing | No | N/A | 1.54x | N/A | 1.48x |
Loan | 20 | Candlewood Apartments & Country Villas | 119 | 0 | 0 | 1/28/2021 | 3/1/2021 | N/A | 2/1/2031 | N/A | $0.00 | $37,228.73 | $0.00 | $446,744.76 | Springing | Springing | No | N/A | N/A | 2.73x | N/A | |
Loan | 21 | El Paseo | 59 | 360 | 360 | 2/9/2021 | 3/11/2021 | 3/11/2026 | 2/11/2031 | N/A | $53,878.66 | $35,475.97 | 646,543.92 | $425,711.64 | Soft | Springing | No | N/A | 2.55x | 3.87x | 2.44x | |
Loan | 22 | Olin Technology Administration Center | 120 | 0 | 0 | 2/18/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $0.00 | $37,416.30 | $0.00 | $448,995.60 | Hard | Springing | No | N/A | N/A | 2.56x | N/A | |
Loan | 6 | 23 | North Austin Portfolio | 23 | 360 | 360 | 1/25/2021 | 3/1/2021 | 3/1/2023 | 2/1/2031 | N/A | $52,478.27 | $35,270.66 | 629,739.24 | $423,247.92 | Springing | Springing | No | N/A | 2.53x | 3.76x | 2.34x |
Property | 23.01 | Cold Springs Marketplace | ||||||||||||||||||||
Property | 23.02 | Old Settlers Market | ||||||||||||||||||||
Loan | 18 | 24 | Towne House Village North Owners, Inc. | 120 | 0 | 0 | 2/19/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | 0 | $28,695.08 | $0.00 | $344,340.96 | N/A | N/A | No | N/A | N/A | 8.00x | N/A |
Loan | 25 | 2 Boston Post Road | 120 | 0 | 0 | 2/26/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $0.00 | $29,656.25 | $0.00 | $355,875.00 | Hard | Springing | No | N/A | N/A | 3.37x | N/A | |
Loan | 6, 7 | 26 | Walgreens Sale-Leaseback Portfolio - NV,FL,TX | 60 | 360 | 360 | 2/23/2021 | 4/11/2021 | 4/11/2026 | 3/11/2031 | N/A | $44,507.52 | $29,831.40 | 534,090.24 | $357,976.80 | Soft | Springing | No | N/A | 1.39x | 2.07x | 1.38x |
Property | 26.01 | 2389 East Windmill | ||||||||||||||||||||
Property | 26.02 | 12601 Tech Ridge Boulevard | ||||||||||||||||||||
Property | 26.03 | 850 43rd Avenue Southwest | ||||||||||||||||||||
Loan | 18 | 27 | Valerie Arms Apartment Corp. | 0 | 360 | 360 | 2/26/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $38,382.61 | 0 | 460,591.32 | $0 | N/A | N/A | No | N/A | 5.56x | N/A | 5.50x |
Loan | 18 | 28 | Blossom Gardens Apartments, Inc. | 0 | 480 | 479 | 1/27/2021 | 3/1/2021 | N/A | 2/1/2031 | N/A | $27,808.41 | 0 | 333,700.92 | $0 | N/A | N/A | No | N/A | 6.35x | N/A | 6.21x |
Loan | 29 | Extra Space Storage - Lompoc, CA | 120 | 0 | 0 | 2/26/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $0.00 | $23,595.73 | $0.00 | $283,148.76 | Springing | Springing | No | N/A | N/A | 2.32x | N/A | |
Loan | 30 | A Storage Place – Fort Collins | 120 | 0 | 0 | 2/16/2021 | 4/11/2021 | N/A | 3/11/2031 | N/A | $0.00 | $20,889.49 | $0.00 | $250,673.88 | Springing | Springing | No | N/A | N/A | 2.47x | N/A | |
Loan | 31 | Foley Cubesmart | 35 | 360 | 360 | 1/27/2021 | 3/1/2021 | 3/1/2024 | 2/1/2031 | N/A | $33,298.12 | $23,479.98 | 399,577.44 | $281,759.76 | Springing | Springing | No | N/A | 1.44x | 2.04x | 1.42x | |
Loan | 32 | Lowe’s Cromwell | 120 | 0 | 0 | 2/26/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $0.00 | $21,791.85 | $0.00 | $261,502.20 | Springing | Springing | No | N/A | N/A | 2.24x | N/A | |
Loan | 6, 21 | 33 | CVS-Walgreens Portfolio | 119 | 0 | 0 | 1/19/2021 | 3/1/2021 | N/A | 2/1/2031 | N/A | $0.00 | $15,598.55 | $0.00 | $187,182.60 | Springing | Springing | No | N/A | N/A | 2.47x | N/A |
Property | 33.01 | Walgreens | ||||||||||||||||||||
Property | 33.02 | CVS | ||||||||||||||||||||
Loan | 34 | Winding Way Apartments | 120 | 0 | 0 | 2/18/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $0.00 | $14,933.74 | $0.00 | $179,204.88 | Springing | Springing | No | Group 2 | N/A | 2.81x | N/A | |
Loan | 22 | 35 | Yuba City 99 Self Storage | 120 | 0 | 0 | 2/12/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $0.00 | $13,349.54 | $0.00 | $160,194.48 | Springing | Springing | No | N/A | N/A | 3.81x | N/A |
Loan | 36 | Summer Haven MHP | 36 | 360 | 360 | 2/26/2021 | 4/1/2021 | 4/1/2024 | 3/1/2031 | N/A | $25,497.93 | $19,242.77 | 305,975.16 | $230,913.24 | Springing | Springing | No | Group 1 | 1.36x | 1.80x | 1.34x | |
Loan | 37 | Lockaway Self Storage - Castro Valley, CA | 120 | 0 | 0 | 2/25/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $0.00 | $15,685.40 | $0.00 | $188,224.80 | Springing | Springing | No | N/A | N/A | 2.86x | N/A | |
Loan | 38 | CVS Bartlesville OK | 119 | 0 | 0 | 1/26/2021 | 3/1/2021 | N/A | 2/1/2031 | N/A | $0.00 | $15,169.47 | $0.00 | $182,033.64 | Springing | Springing | No | N/A | N/A | 2.37x | N/A | |
Loan | 39 | WAG - Aurora, CO | 83 | 0 | 0 | 2/5/2021 | 3/11/2021 | N/A | 2/11/2028 | N/A | $0.00 | $16,217.83 | $0.00 | $194,613.96 | Springing | Springing | No | N/A | N/A | 2.04x | N/A | |
Loan | 40 | Woodland Park Self Storage, Sheridan, WY | 119 | 0 | 0 | 1/28/2021 | 3/1/2021 | N/A | 2/1/2031 | N/A | $0.00 | $12,312.29 | $0.00 | $147,747.48 | Springing | Springing | No | N/A | N/A | 3.40x | N/A | |
Loan | 13 | 41 | Holiday Acres MHP | 25 | 360 | 360 | 3/3/2021 | 4/1/2021 | 5/1/2023 | 4/1/2031 | N/A | $22,872.17 | $17,108.61 | 274,466.04 | $205,303.32 | Springing | Springing | No | Group 1 | 1.35x | 1.80x | 1.32x |
Loan | 8 | 42 | 52 Ludlow Street | 120 | 0 | 0 | 2/23/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $0.00 | $12,660.94 | $0.00 | $151,931.28 | Springing | Springing | No | N/A | N/A | 2.83x | N/A |
A-1-9
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Remaining Interest-Only Period (mos.) | Original Amortization Term (mos.) | Remaining Amortization Term (mos.) | Note Date | First Payment Date | First P&I Payment Date (Partial IO Loans) | Maturity Date | ARD Loan Final Maturity Date | Monthly Debt Service (P&I) | Monthly Debt Service (IO) | Annual Debt Service (P&I) | Annual Debt Service (IO) | Lockbox Type | Cash Management Status | Crossed With Other Loans | Related-Borrower Loans | UW NOI DSCR (P&I) | UW NOI DSCR (IO) | UW NCF DSCR (P&I) |
Loan | 43 | Stuff Ur Storage Henderson, NV | 119 | 0 | 0 | 1/20/2021 | 3/1/2021 | N/A | 2/1/2031 | N/A | $0.00 | $13,496.76 | $0.00 | $161,961.12 | Springing | Springing | No | N/A | N/A | 2.69x | N/A | |
Loan | 23 | 44 | 16680 Valley View Avenue Data Center | 23 | 360 | 360 | 1/8/2021 | 3/1/2021 | 3/1/2023 | 2/1/2031 | N/A | $19,831.88 | $14,053.51 | 237,982.56 | $168,642.12 | Hard | In Place | No | N/A | 1.65x | 2.33x | 1.57x |
Loan | 18 | 45 | Tee-Lex Operating Inc. | 120 | 0 | 0 | 2/23/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | 0 | $10,781.02 | $0.00 | $129,372.24 | N/A | N/A | No | N/A | N/A | 9.46x | N/A |
Loan | 18 | 46 | 30 Clinton Place Owners, Inc. | 119 | 0 | 0 | 1/28/2021 | 3/1/2021 | N/A | 2/1/2031 | N/A | 0 | $10,950.00 | $0.00 | $131,400.00 | N/A | N/A | No | N/A | N/A | 5.04x | N/A |
Loan | 47 | Gold Creek Apartments | 120 | 0 | 0 | 2/18/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $0.00 | $11,050.97 | $0.00 | $132,611.64 | Springing | Springing | No | Group 2 | N/A | 3.00x | N/A | |
Loan | 48 | Storelocal - Coeur d’Alene, ID | 119 | 0 | 0 | 1/22/2021 | 3/1/2021 | N/A | 2/1/2031 | N/A | $0.00 | $11,410.47 | $0.00 | $136,925.64 | Springing | Springing | No | N/A | N/A | 2.90x | N/A | |
Loan | 18 | 49 | Larchmont Gables Apartment Corp. | 0 | 360 | 359 | 1/29/2021 | 3/1/2021 | N/A | 2/1/2031 | N/A | $14,703.87 | 0 | 176,446.44 | $0 | N/A | N/A | No | N/A | 4.87x | N/A | 4.80x |
Loan | 13, 18 | 50 | 305 Equities Corp. | 1 | 360 | 360 | 3/4/2021 | 4/1/2021 | 5/1/2021 | 4/1/2031 | N/A | $12,210.88 | $7,326.19 | 146,530.56 | $87,914.28 | N/A | N/A | No | N/A | 4.43x | 7.38x | 4.32x |
Loan | 51 | Glenview Mobile Lodge Community | 120 | 0 | 0 | 2/10/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $0.00 | $11,293.45 | $0.00 | $135,521.40 | Springing | Springing | No | N/A | N/A | 1.90x | N/A | |
Loan | 18 | 52 | 511 West 232nd Owners Corp. | 0 | 360 | 360 | 2/26/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $10,702.59 | 0 | 128,431.08 | $0 | N/A | N/A | No | N/A | 7.04x | N/A | 6.91x |
Loan | 18 | 53 | Shore Lane Arms Owners Corp. | 0 | 360 | 359 | 1/29/2021 | 3/1/2021 | N/A | 2/1/2031 | N/A | $10,253.16 | 0 | 123,037.92 | $0 | N/A | N/A | No | N/A | 9.69x | N/A | 9.45x |
Loan | 8, 13 | 54 | 69 Meserole Avenue | 121 | 0 | 0 | 3/3/2021 | 4/1/2021 | N/A | 4/1/2031 | N/A | $0.00 | $7,222.69 | $0.00 | $86,672.28 | Springing | Springing | No | N/A | N/A | 1.73x | N/A |
Loan | 18 | 55 | 267 W. 89 Owners Corp. | 120 | 0 | 0 | 2/24/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | 0 | $5,441.20 | $0.00 | $65,294.40 | N/A | N/A | No | N/A | N/A | 16.35x | N/A |
Loan | 18 | 56 | 169 Spring Owners Corp. | 0 | 360 | 360 | 2/24/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $7,942.79 | 0 | 95,313.48 | $0 | N/A | N/A | No | N/A | 20.97x | N/A | 20.74x |
Loan | 18 | 57 | 14 Jay Street Owners Corp. | 119 | 0 | 0 | 1/28/2021 | 3/1/2021 | N/A | 2/1/2031 | N/A | 0 | $5,110.00 | $0.00 | $61,320.00 | N/A | N/A | No | N/A | N/A | 6.73x | N/A |
Loan | 18 | 58 | 327-329 4th St. Owners Corp. | 0 | 480 | 480 | 2/11/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $6,150.37 | 0 | 73,804.44 | $0 | N/A | N/A | No | N/A | 3.95x | N/A | 3.87x |
Loan | 18 | 59 | 210 Equities Corp. | 0 | 360 | 359 | 1/26/2021 | 3/1/2021 | N/A | 2/1/2031 | N/A | $6,610.70 | 0 | 79,328.40 | $0 | N/A | N/A | No | N/A | 10.91x | N/A | 10.82x |
Loan | 18 | 60 | 39-75 56th Street Owners Corp. | 0 | 480 | 480 | 2/23/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $5,658.92 | 0 | 67,907.04 | $0 | N/A | N/A | No | N/A | 9.31x | N/A | 8.91x |
Loan | 61 | Squaw Valley Mobile Home Community | 36 | 360 | 360 | 3/1/2021 | 4/1/2021 | 4/1/2024 | 3/1/2031 | N/A | $7,474.01 | $5,936.53 | 89,688.12 | $71,238.36 | Springing | Springing | No | N/A | 2.11x | 2.66x | 2.08x | |
Loan | 18 | 62 | Woodbury Gardens Redevelopment Company Owners Corp. | 0 | 360 | 359 | 1/29/2021 | 3/1/2021 | N/A | 2/1/2031 | N/A | $5,686.26 | 0 | 68,235.12 | $0 | N/A | N/A | No | N/A | 84.67x | N/A | 83.82x |
Loan | 18 | 63 | Parkway Owners Inc. | 0 | 120 | 120 | 2/25/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | $11,798.97 | 0 | 141,587.64 | $0 | N/A | N/A | No | N/A | 4.27x | N/A | 4.18x |
Loan | 18 | 64 | 91 Tenants Corp. | 120 | 0 | 0 | 3/1/2021 | 4/1/2021 | N/A | 3/1/2031 | N/A | 0 | $2,830.44 | $0.00 | $33,965.28 | N/A | N/A | No | N/A | N/A | 4.80x | N/A |
A-1-10
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | UW NCF DSCR (IO) | Cut-Off Date LTV Ratio | Maturity Date LTV Ratio | Grace Period to Late Charge (Days) | Grace Period to Default (Days) | Due Date | Prepayment Provisions (No. of Payments) | YM Formula | Third Most Recent Revenues | Third Most Recent Expenses | Third Most Recent NOI | Third Most Recent NOI Date | Third Most Recent NOI Debt Yield | Second Most Recent Revenues | |
Loan | 5, 9 | 1 | Pathline Park 9 & 10 | 3.87x | 51.8% | 51.8% | 0 | 0 | Eleventh | LO(24);YM1(1);DEF/YM1(90);O(5) | A | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 5, 10 | 2 | Miami Design District | 2.14x | 46.7% | 46.7% | 5 | 2 (Once per year) | First | LO(36);DEF(77);O(7) | $48,127,178 | $15,993,554 | $32,133,624 | 12/31/2018 | 8.0% | $50,574,148 | ||
Loan | 5, 6, 7, 11 | 3 | Extra Space Rock ‘N Roll Self Storage Portfolio | 2.56x | 57.9% | 57.9% | 0 | 4 | First | LO(24);DEF(89);O(7) | $15,563,330 | $5,542,951 | $10,020,379 | 12/31/2018 | 9.3% | $15,904,514 | ||
Property | 3.01 | Houston - Katy Fwy | $1,761,436 | $672,308 | $1,089,128 | 12/31/2018 | $1,815,681 | |||||||||||
Property | 3.02 | Santa Maria - Skyway Dr | $1,153,137 | $280,073 | $873,064 | 12/31/2018 | $1,166,982 | |||||||||||
Property | 3.03 | Redlands – Alabama St | $1,043,698 | $345,215 | $698,483 | 12/31/2018 | $1,117,187 | |||||||||||
Property | 3.04 | Sacramento - Franklin Blvd | $1,141,018 | $269,072 | $871,946 | 12/31/2018 | $1,177,136 | |||||||||||
Property | 3.05 | Dallas - Northwest Hwy | $940,977 | $338,517 | $602,460 | 12/31/2018 | $992,831 | |||||||||||
Property | 3.06 | Sacramento - 5051 Perry Ave | $958,316 | $273,758 | $684,558 | 12/31/2018 | $981,015 | |||||||||||
Property | 3.07 | Chicago - 95th St | $1,150,034 | $568,753 | $581,281 | 12/31/2018 | $1,177,812 | |||||||||||
Property | 3.08 | Chicago - West Addison | $1,082,375 | $624,619 | $457,756 | 12/31/2018 | $1,140,522 | |||||||||||
Property | 3.09 | Tracy - 787 E 11th St | $907,092 | $218,602 | $688,490 | 12/31/2018 | $916,675 | |||||||||||
Property | 3.10 | Tracy - 780 E 11th St | $882,618 | $223,230 | $659,388 | 12/31/2018 | $884,644 | |||||||||||
Property | 3.11 | Fredericksburg - 5219 Plank Rd | $883,235 | $242,161 | $641,074 | 12/31/2018 | $808,004 | |||||||||||
Property | 3.12 | North Aurora - Lincolnway | $792,067 | $279,369 | $512,698 | 12/31/2018 | $789,728 | |||||||||||
Property | 3.13 | Spring - I-45 North | $860,010 | $306,223 | $553,787 | 12/31/2018 | $824,994 | |||||||||||
Property | 3.14 | Chicago - Pulaski Rd | $910,189 | $480,205 | $429,984 | 12/31/2018 | $959,207 | |||||||||||
Property | 3.15 | El Paso - Desert Blvd | $576,981 | $245,107 | $331,874 | 12/31/2018 | $611,793 | |||||||||||
Property | 3.16 | Mt Pleasant - Bowman Rd | $520,147 | $175,739 | $344,408 | 12/31/2018 | $540,303 | |||||||||||
Loan | 5, 8 | 4 | 605 Third Avenue | 6.61x | 33.7% | 33.7% | 10 days once per calendar year | 2 | Fifth | YM1(27);DEF/YM1(86);O(7) | B | $45,432,848 | $34,634,376 | $10,798,472 | 12/31/2018 | 4.7% | $43,952,489 | |
Loan | 12 | 5 | 530 Seventh Avenue Fee | 3.97x | 39.0% | 39.0% | 0 | 5 | First | LO(24);DEF(89);O(7) | $4,785,000 | $0 | $4,785,000 | 12/31/2018 | 8.7% | $4,785,000 | ||
Loan | 6 | 6 | ExchangeRight Net Leased Portfolio #43 | 2.66x | 62.0% | 62.0% | 5 | 5 | First | LO(24);DEF(92);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | ||
Property | 6.01 | Lowe’s - Dalton (Cleveland), GA | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 6.02 | Natural Grocers - Grand Forks (32nd Avenue), ND | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 6.03 | Tractor Supply - Patterson (Rte-311), NY | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 6.04 | Walgreens (Grand) - Ames, IA | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 6.05 | Walgreens - Baltimore (Liberty), MD | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 6.06 | Walgreens - Independence (East 23rd), MO | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 6.07 | Fresenius Medical Care - Cary (Stamford), NC | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 6.08 | Walgreens - Skokie (Skokie), IL | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 6.09 | Tractor Supply - Anderson (Scatterfield), IN | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 6.10 | M&T Bank - Rochester (Latta), NY | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 6.11 | Fresenius Medical Care - Walker (Walker), LA | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 6.12 | Sherwin Williams - Noblesville (Sunny), IN | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 6.13 | Sherwin Williams - Bloomington (Gates), IN | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 6.14 | Dollar Tree - Midland (Big Spring), TX | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 6.15 | Sherwin Williams - Hamilton (Walden), OH | N/A | N/A | N/A | N/A | N/A | |||||||||||
Loan | 5, 6, 7, 11 | 7 | Boca Office Portfolio | 2.46x | 63.5% | 63.5% | 0 | 0 | Sixth | LO(24);DEF(33);O(3) | $13,568,307 | $5,056,153 | $8,512,154 | 12/31/2018 | 8.6% | $14,625,310 | ||
Property | 7.01 | Boardwalk @ 18th | $3,984,565 | $1,248,816 | $2,735,749 | 12/31/2018 | $4,494,033 | |||||||||||
Property | 7.02 | Fountains Center | $4,595,137 | $1,911,729 | $2,683,408 | 12/31/2018 | $4,608,760 | |||||||||||
Property | 7.03 | City National Park | $3,526,454 | $1,319,363 | $2,207,091 | 12/31/2018 | $3,987,812 | |||||||||||
Property | 7.04 | Grove Centre | $1,462,151 | $576,246 | $885,905 | 12/31/2018 | $1,534,705 | |||||||||||
Loan | 8 | Park Del Amo | 3.62x | 67.0% | 67.0% | 3 | 3 | First | LO(24);DEF(89);O(7) | $5,824,531 | $2,512,174 | $3,312,357 | 12/31/2018 | 11.8% | $5,271,707 | |||
Loan | 13 | 9 | Lakeshore Business Center | 2.36x | 62.4% | 56.6% | 0 | 5 | First | LO(24);DEF(91);O(6) | $3,547,594 | $1,589,072 | $1,958,521 | 12/31/2018 | 7.8% | $4,000,999 | ||
Loan | 6, 7, 13 | 10 | Southern Flexible–Apartment Portfolio | 3.63x | 56.2% | 50.9% | 0 | 4 | First | LO(24);DEF(93);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | ||
Property | 10.01 | Siegel Suites – San Antonio, TX | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 10.02 | Siegel Select – Albuquerque, NM | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 10.03 | Siegel Select – Bossier City, LA | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 10.04 | Siegel Suites – Holland, OH | N/A | N/A | N/A | N/A | N/A | |||||||||||
Loan | 7, 14, 15 | 11 | 250 Bedford Avenue | 2.45x | 55.1% | 55.1% | 0 | 5 | First | LO(26);DEF(90);O(4) | $1,802,345 | $0 | $1,802,345 | 12/31/2018 | 9.0% | $1,900,652 | ||
Loan | 6, 7 | 12 | Lake Region Portfolio | 2.88x | 60.8% | 60.8% | 0 | 0 | Eleventh | LO(25);DEF(88);O(7) | $3,283,627 | $1,154,435 | $2,129,192 | 12/31/2018 | 11.4% | $3,381,135 | ||
Property | 12.01 | US Storage Centers - Duluth | $1,445,843 | $518,366 | $927,477 | 12/31/2018 | $1,545,246 | |||||||||||
Property | 12.02 | US Storage Centers - St. Paul | $1,184,857 | $424,820 | $760,037 | 12/31/2018 | $1,173,105 | |||||||||||
Property | 12.03 | US Storage Centers - Brainerd | $597,298 | $202,591 | $394,707 | 12/31/2018 | $607,492 | |||||||||||
Property | 12.04 | US Storage Centers - Pine Tree | $55,628 | $8,658 | $46,971 | 12/31/2018 | $55,292 | |||||||||||
Loan | 7 | 13 | Heath Town Center | 2.06x | 59.8% | 59.8% | 5 | 5 | First | LO(24);DEF(91);O(5) | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 5, 7, 16, 17 | 14 | McClellan Park | 2.90x | 60.2% | 60.2% | 0 | 0 | Eleventh | YM(27);DEF/YM(86);O(7) | C | $39,655,018 | $14,730,525 | $24,924,493 | 12/31/2018 | 7.0% | $42,772,659 | |
Loan | 8, 18 | 15 | 111 Fourth Avenue | 6.81x | 8.0% | 6.7% | 0 | 5 | First | LO(25);DEF(91);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 16 | Extra Space Storage - DC | 2.05x | 67.9% | 57.1% | 0 | 0 | Eleventh | LO(25);YM1(91);O(4) | D | $1,111,075 | $426,514 | $684,561 | 12/31/2018 | 4.7% | $1,467,653 | ||
Loan | 13, 19 | 17 | 12900 I Street | 3.73x | 37.8% | 30.8% | 0 | 5 | First | LO(24);DEF(92);O(5) | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 18 | ASM America HQ | 3.61x | 42.5% | 42.5% | 0 | 5 | First | LO(25);DEF(66);O(5) | $1,523,608 | $15,779 | $1,507,829 | 12/31/2018 | 11.7% | $1,533,913 | |||
Loan | 20 | 19 | Chapel Lakes | N/A | 69.5% | 54.4% | 0 | 0 | Eleventh | LO(25);DEF(91);O(4) | $1,679,967 | $732,662 | $947,305 | 12/31/2018 | 7.5% | $1,761,478 | ||
Loan | 20 | Candlewood Apartments & Country Villas | 2.59x | 60.4% | 60.4% | 0 | 5 | First | LO(25);DEF(91);O(4) | $2,045,063 | $867,885 | $1,177,178 | 12/31/2018 | 9.4% | $2,070,879 | |||
Loan | 21 | El Paseo | 3.70x | 52.7% | 47.5% | 0 | 0 | Eleventh | LO(25);DEF(91);O(4) | $2,169,776 | $633,656 | $1,536,120 | 12/31/2018 | 12.8% | $2,516,949 | |||
Loan | 22 | Olin Technology Administration Center | 2.37x | 60.9% | 60.9% | 0 | 5 | First | LO(24);DEF(92);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 6 | 23 | North Austin Portfolio | 3.48x | 51.6% | 43.1% | 5 | 5 | First | LO(25);DEF(90);O(5) | $1,542,763 | $430,946 | $1,111,816 | 12/31/2018 | 9.7% | $1,941,124 | ||
Property | 23.01 | Cold Springs Marketplace | $866,142 | $271,671 | $594,472 | 12/31/2018 | $1,171,994 | |||||||||||
Property | 23.02 | Old Settlers Market | $676,620 | $159,276 | $517,345 | 12/31/2018 | $769,129 | |||||||||||
Loan | 18 | 24 | Towne House Village North Owners, Inc. | 7.85x | 25.2% | 25.2% | 10 | 10 | First | YM1(113);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 25 | 2 Boston Post Road | 3.20x | 40.7% | 40.7% | 5 | 5 | First | LO(24);DEF(91);O(5) | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 6, 7 | 26 | Walgreens Sale-Leaseback Portfolio - NV,FL,TX | 2.06x | 67.9% | 61.3% | 0 | 0 | Eleventh | LO(48);YM1(68);O(4) | F | N/A | N/A | N/A | N/A | N/A | N/A | |
Property | 26.01 | 2389 East Windmill | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 26.02 | 12601 Tech Ridge Boulevard | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 26.03 | 850 43rd Avenue Southwest | N/A | N/A | N/A | N/A | N/A | |||||||||||
Loan | 18 | 27 | Valerie Arms Apartment Corp. | N/A | 15.4% | 11.9% | 10 | 10 | First | YM1(113);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 18 | 28 | Blossom Gardens Apartments, Inc. | N/A | 11.8% | 10.2% | 10 | 10 | First | YM1(113);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 29 | Extra Space Storage - Lompoc, CA | 2.29x | 56.3% | 56.3% | 5 | 4 | First | LO(24);DEF(92);O(4) | $771,034 | $274,601 | $496,433 | 12/31/2018 | 6.8% | $865,131 | |||
Loan | 30 | A Storage Place – Fort Collins | 2.42x | 60.9% | 60.9% | 0 | 0 | Eleventh | LO(24);DEF(92);O(4) | $996,964 | $456,427 | $540,536 | 12/31/2018 | 7.7% | $1,061,467 | |||
Loan | 31 | Foley Cubesmart | 2.01x | 64.2% | 55.6% | 5 | 5 | First | LO(25);DEF(91);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 32 | Lowe’s Cromwell | 2.09x | 62.7% | 62.7% | 5 | 5 | First | LO(24);DEF(92);O(4) | $660,000 | $22,973 | $637,027 | 12/31/2018 | 10.0% | $660,000 | |||
Loan | 6, 21 | 33 | CVS-Walgreens Portfolio | 2.38x | 59.6% | 59.6% | 0 | 5 | First | LO(25);DEF(88);O(7) | N/A | N/A | N/A | N/A | N/A | N/A | ||
Property | 33.01 | Walgreens | N/A | N/A | N/A | N/A | N/A | |||||||||||
Property | 33.02 | CVS | N/A | N/A | N/A | N/A | N/A | |||||||||||
Loan | 34 | Winding Way Apartments | 2.71x | 49.5% | 49.5% | 0 | 5 | First | LO(23);YM1(93);O(4) | G | $882,992 | $423,813 | $459,179 | 12/31/2018 | 9.2% | $954,224 | ||
Loan | 22 | 35 | Yuba City 99 Self Storage | 3.72x | 56.2% | 56.2% | 5 | 5 | First | LO(24);DEF(92);O(4) | $699,568 | $258,586 | $440,982 | 12/31/2018 | 8.8% | $869,608 | ||
Loan | 36 | Summer Haven MHP | 1.78x | 66.2% | 58.2% | 5 | 5 | First | LO(24);DEF(91);O(5) | $559,418 | $298,901 | $260,517 | 12/31/2019 | 5.2% | $658,961 | |||
Loan | 37 | Lockaway Self Storage - Castro Valley, CA | 2.84x | 44.4% | 44.4% | 5 | 4 | First | LO(24);DEF(92);O(4) | N/A | N/A | N/A | N/A | N/A | $797,146 | |||
Loan | 38 | CVS Bartlesville OK | 2.36x | 57.3% | 57.3% | 5 | 5 | First | LO(25);DEF(91);O(4) | $409,049 | $30,000 | $379,049 | 12/31/2018 | 8.1% | $409,049 | |||
Loan | 39 | WAG - Aurora, CO | 2.04x | 61.8% | 61.8% | 0 | 0 | Eleventh | LO(25);DEF(55);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 40 | Woodland Park Self Storage, Sheridan, WY | 3.28x | 64.5% | 64.5% | 5 | 4 | First | LO(25);DEF(91);O(4) | $681,939 | $264,793 | $417,146 | 12/31/2018 | 9.1% | $698,527 | |||
Loan | 13 | 41 | Holiday Acres MHP | 1.77x | 72.9% | 62.4% | 5 | 5 | First | LO(24);DEF(92);O(5) | $568,323 | $268,181 | $300,142 | 12/31/2019 | 6.6% | $605,022 | ||
Loan | 8 | 42 | 52 Ludlow Street | 2.81x | 48.9% | 48.9% | 5 | 5 | First | LO(24);DEF(89);O(7) | N/A | N/A | N/A | N/A | N/A | N/A |
A-1-11
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | UW NCF DSCR (IO) | Cut-Off Date LTV Ratio | Maturity Date LTV Ratio | Grace Period to Late Charge (Days) | Grace Period to Default (Days) | Due Date | Prepayment Provisions (No. of Payments) | YM Formula | Third Most Recent Revenues | Third Most Recent Expenses | Third Most Recent NOI | Third Most Recent NOI Date | Third Most Recent NOI Debt Yield | Second Most Recent Revenues | |
Loan | 43 | Stuff Ur Storage Henderson, NV | 2.60x | 53.6% | 53.6% | 5 | 4 | First | LO(25);DEF(91);O(4) | $514,407 | $365,593 | $148,814 | 12/31/2018 | 3.4% | $461,916 | |||
Loan | 23 | 44 | 16680 Valley View Avenue Data Center | 2.21x | 54.6% | 46.1% | 5 | 4 | First | LO(25);DEF(91);O(4) | N/A | N/A | N/A | N/A | N/A | N/A | ||
Loan | 18 | 45 | Tee-Lex Operating Inc. | 9.34x | 8.8% | 8.8% | 10 | 10 | First | YM1(113);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 18 | 46 | 30 Clinton Place Owners, Inc. | 4.90x | 38.9% | 38.9% | 10 | 10 | First | YM1(113);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 47 | Gold Creek Apartments | 2.86x | 47.4% | 47.4% | 0 | 5 | First | LO(23);YM1(93);O(4) | H | $748,797 | $389,212 | $359,585 | 12/31/2018 | 9.7% | $821,124 | ||
Loan | 48 | Storelocal - Coeur d’Alene, ID | 2.83x | 64.9% | 64.9% | 5 | 4 | First | LO(25);DEF(91);O(4) | N/A | N/A | N/A | N/A | N/A | $424,151 | |||
Loan | 18 | 49 | Larchmont Gables Apartment Corp. | N/A | 25.5% | 19.8% | 10 | 10 | First | YM1(113);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 13, 18 | 50 | 305 Equities Corp. | 7.20x | 6.5% | 5.0% | 10 | 10 | First | YM1(114);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 51 | Glenview Mobile Lodge Community | 1.88x | 63.1% | 63.1% | 5 | 4 | First | LO(24);YM1(92);O(4) | I | $373,378 | $106,586 | $266,792 | 12/31/2018 | 9.4% | $374,580 | ||
Loan | 18 | 52 | 511 West 232nd Owners Corp. | N/A | 14.5% | 11.2% | 10 | 10 | First | YM1(113);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 18 | 53 | Shore Lane Arms Owners Corp. | N/A | 5.9% | 4.6% | 10 | 10 | First | YM1(113);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 8, 13 | 54 | 69 Meserole Avenue | 1.71x | 66.1% | 66.1% | 0 | 5 | First | LO(24);DEF(93);O(4) | $144,789 | $41,072 | $103,717 | 12/31/2019 | 5.1% | $134,992 | ||
Loan | 18 | 55 | 267 W. 89 Owners Corp. | 16.19x | 5.0% | 5.0% | 10 | 10 | First | YM1(113);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 18 | 56 | 169 Spring Owners Corp. | N/A | 3.2% | 2.5% | 10 | 10 | First | YM1(113);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 18 | 57 | 14 Jay Street Owners Corp. | 6.65x | 9.0% | 9.0% | 10 | 10 | First | YM1(113);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 18 | 58 | 327-329 4th St. Owners Corp. | N/A | 19.0% | 16.5% | 10 | 10 | First | YM1(113);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 18 | 59 | 210 Equities Corp. | N/A | 5.6% | 4.3% | 10 | 10 | First | YM1(113);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 18 | 60 | 39-75 56th Street Owners Corp. | N/A | 9.8% | 8.4% | 10 | 10 | First | YM1(113);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 61 | Squaw Valley Mobile Home Community | 2.62x | 59.8% | 53.2% | 5 | 4 | First | LO(24);YM1(92);O(4) | J | $229,117 | $103,210 | $125,907 | 12/31/2018 | 9.2% | $292,405 | ||
Loan | 18 | 62 | Woodbury Gardens Redevelopment Company Owners Corp. | N/A | 1.3% | 1.0% | 10 | 10 | First | YM1(113);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 18 | 63 | Parkway Owners Inc. | N/A | 14.4% | 0.2% | 10 | 10 | First | YM1(113);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A | |
Loan | 18 | 64 | 91 Tenants Corp. | 4.75x | 17.8% | 17.8% | 10 | 10 | First | YM1(113);1%(3);O(4) | E | N/A | N/A | N/A | N/A | N/A | N/A |
A-1-12
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Second Most Recent Expenses | Second Most Recent NOI | Second Most Recent NOI Date | Second Most Recent NOI Debt Yield | Most Recent Revenues | Most Recent Expenses | Most Recent NOI | Most Recent NOI Date | Most Recent NOI Debt Yield | Underwritten Occupancy Rate | Underwritten Effective Gross Income | Underwritten Total Expenses | Underwritten NOI | Underwritten NOI Debt Yield | Underwritten Replacement Reserves | Underwritten TI/LC |
Loan | 5, 9 | 1 | Pathline Park 9 & 10 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 95.0% | $17,382,780 | $4,083,841 | $13,298,939 | 10.2% | $48,445 | $484,452 |
Loan | 5, 10 | 2 | Miami Design District | $16,756,756 | $33,817,392 | 12/31/2019 | 8.5% | $46,835,731 | $14,024,835 | $32,810,895 | 12/31/2020 | 8.2% | 88.6% | $53,041,550 | $16,007,449 | $37,034,101 | 9.3% | $99,419 | $994,188 |
Loan | 5, 6, 7, 11 | 3 | Extra Space Rock ‘N Roll Self Storage Portfolio | $5,566,589 | $10,337,925 | 12/31/2019 | 9.6% | $15,713,821 | $5,706,785 | $10,007,036 | 12/31/2020 | 9.3% | 92.9% | $15,646,968 | $6,147,572 | $9,499,396 | 8.8% | $178,018 | $0 |
Property | 3.01 | Houston - Katy Fwy | $712,445 | $1,103,236 | 12/31/2019 | $1,673,089 | $786,184 | $886,905 | 12/31/2020 | 91.0% | $1,673,089 | $785,528 | $887,561 | $13,991 | $0 | ||||
Property | 3.02 | Santa Maria - Skyway Dr | $287,693 | $879,289 | 12/31/2019 | $1,160,032 | $278,390 | $881,642 | 12/31/2020 | 91.0% | $1,160,032 | $379,120 | $780,912 | $12,601 | $0 | ||||
Property | 3.03 | Redlands – Alabama St | $386,573 | $730,614 | 12/31/2019 | $1,165,427 | $390,803 | $774,624 | 12/31/2020 | 93.7% | $1,165,427 | $427,207 | $738,220 | $10,624 | $0 | ||||
Property | 3.04 | Sacramento - Franklin Blvd | $283,357 | $893,779 | 12/31/2019 | $1,120,613 | $313,528 | $807,085 | 12/31/2020 | 90.0% | $1,120,613 | $388,845 | $731,768 | $12,305 | $0 | ||||
Property | 3.05 | Dallas - Northwest Hwy | $342,259 | $650,572 | 12/31/2019 | $1,026,388 | $346,921 | $679,467 | 12/31/2020 | 88.9% | $1,026,388 | $345,839 | $680,549 | $19,552 | $0 | ||||
Property | 3.06 | Sacramento - 5051 Perry Ave | $332,564 | $648,451 | 12/31/2019 | $943,327 | $381,207 | $562,120 | 12/31/2020 | 83.3% | $943,326 | $350,538 | $592,788 | $9,430 | $0 | ||||
Property | 3.07 | Chicago - 95th St | $506,561 | $671,251 | 12/31/2019 | $1,157,007 | $537,244 | $619,763 | 12/31/2020 | 89.6% | $1,157,007 | $577,845 | $579,162 | $12,098 | $0 | ||||
Property | 3.08 | Chicago - West Addison | $506,574 | $633,948 | 12/31/2019 | $1,177,398 | $534,752 | $642,646 | 12/31/2020 | 92.9% | $1,177,398 | $601,789 | $575,609 | $10,892 | $0 | ||||
Property | 3.09 | Tracy - 787 E 11th St | $226,511 | $690,164 | 12/31/2019 | $871,979 | $231,131 | $640,848 | 12/31/2020 | 92.0% | $871,978 | $299,045 | $572,933 | $8,223 | $0 | ||||
Property | 3.10 | Tracy - 780 E 11th St | $237,127 | $647,517 | 12/31/2019 | $876,162 | $235,689 | $640,473 | 12/31/2020 | 92.5% | $876,162 | $305,073 | $571,089 | $9,179 | $0 | ||||
Property | 3.11 | Fredericksburg - 5219 Plank Rd | $236,894 | $571,110 | 12/31/2019 | $777,103 | $219,915 | $557,188 | 12/31/2020 | 90.7% | $777,103 | $213,655 | $563,448 | $8,854 | $0 | ||||
Property | 3.12 | North Aurora - Lincolnway | $283,845 | $505,883 | 12/31/2019 | $807,284 | $281,605 | $525,679 | 12/31/2020 | 93.7% | $807,284 | $281,240 | $526,044 | $11,631 | $0 | ||||
Property | 3.13 | Spring - I-45 North | $302,713 | $522,281 | 12/31/2019 | $815,247 | $309,305 | $505,942 | 12/31/2020 | 92.8% | $815,247 | $308,348 | $506,899 | $10,573 | $0 | ||||
Property | 3.14 | Chicago - Pulaski Rd | $467,209 | $491,998 | 12/31/2019 | $994,472 | $415,723 | $578,749 | 12/31/2020 | 94.2% | $927,620 | $442,153 | $485,467 | $10,859 | $0 | ||||
Property | 3.15 | El Paso - Desert Blvd | $262,903 | $348,890 | 12/31/2019 | $616,459 | $258,440 | $358,019 | 12/31/2020 | 93.2% | $616,459 | $256,073 | $360,386 | $11,324 | $0 | ||||
Property | 3.16 | Mt Pleasant - Bowman Rd | $191,361 | $348,942 | 12/31/2019 | $531,834 | $185,948 | $345,886 | 12/31/2020 | 90.5% | $531,834 | $185,274 | $346,560 | $5,882 | $0 | ||||
Loan | 5, 8 | 4 | 605 Third Avenue | $35,939,209 | $8,013,280 | 12/31/2019 | 3.5% | $58,781,777 | $34,911,832 | $23,869,945 | 9/30/2020 TTM | 10.3% | 97.2% | $68,159,995 | $36,029,430 | $32,130,565 | 13.9% | $205,547 | $1,950,230 |
Loan | 12 | 5 | 530 Seventh Avenue Fee | $0 | $4,785,000 | 12/31/2019 | 8.7% | $4,785,000 | $0 | $4,785,000 | 12/31/2020 | 8.7% | 100.0% | $5,220,000 | $0 | $5,220,000 | 9.5% | $0 | $0 |
Loan | 6 | 6 | ExchangeRight Net Leased Portfolio #43 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 95.0% | $3,533,953 | $111,073 | $3,422,880 | 9.0% | $14,327 | $60,975 |
Property | 6.01 | Lowe’s - Dalton (Cleveland), GA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 6.02 | Natural Grocers - Grand Forks (32nd Avenue), ND | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 6.03 | Tractor Supply - Patterson (Rte-311), NY | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 6.04 | Walgreens (Grand) - Ames, IA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 6.05 | Walgreens - Baltimore (Liberty), MD | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 6.06 | Walgreens - Independence (East 23rd), MO | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 6.07 | Fresenius Medical Care - Cary (Stamford), NC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 6.08 | Walgreens - Skokie (Skokie), IL | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 6.09 | Tractor Supply - Anderson (Scatterfield), IN | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 6.10 | M&T Bank - Rochester (Latta), NY | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 6.11 | Fresenius Medical Care - Walker (Walker), LA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 6.12 | Sherwin Williams - Noblesville (Sunny), IN | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 6.13 | Sherwin Williams - Bloomington (Gates), IN | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 6.14 | Dollar Tree - Midland (Big Spring), TX | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 6.15 | Sherwin Williams - Hamilton (Walden), OH | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 5, 6, 7, 11 | 7 | Boca Office Portfolio | $5,697,675 | $8,927,635 | 12/31/2019 | 9.0% | $13,895,191 | $5,846,969 | $8,048,222 | 12/31/2020 | 8.1% | 92.6% | $16,623,446 | $6,161,981 | $10,461,465 | 10.6% | $127,369 | $411,477 |
Property | 7.01 | Boardwalk @ 18th | $1,328,656 | $3,165,377 | 12/31/2019 | $3,992,387 | $1,521,784 | $2,470,603 | 12/31/2020 | 95.0% | $4,793,055 | $1,573,741 | $3,219,314 | $47,800 | $117,867 | ||||
Property | 7.02 | Fountains Center | $2,215,470 | $2,393,290 | 12/31/2019 | $4,444,768 | $2,140,294 | $2,304,474 | 12/31/2020 | 86.9% | $5,288,444 | $2,332,314 | $2,956,130 | $44,897 | $122,807 | ||||
Property | 7.03 | City National Park | $1,490,022 | $2,497,790 | 12/31/2019 | $3,692,576 | $1,598,181 | $2,094,395 | 12/31/2020 | 97.6% | $4,752,927 | $1,662,836 | $3,090,091 | $30,536 | $118,947 | ||||
Property | 7.04 | Grove Centre | $663,527 | $871,178 | 12/31/2019 | $1,765,460 | $586,711 | $1,178,749 | 12/31/2020 | 91.6% | $1,789,020 | $593,091 | $1,195,930 | $4,136 | $51,856 | ||||
Loan | 8 | Park Del Amo | $2,467,586 | $2,804,121 | 12/31/2019 | 10.0% | $5,278,863 | $1,957,087 | $3,321,776 | 12/31/2020 T-6 Ann. | 11.8% | 87.9% | $5,291,668 | $1,880,525 | $3,411,143 | 12.1% | $61,594 | $386,600 | |
Loan | 13 | 9 | Lakeshore Business Center | $1,846,041 | $2,154,958 | 12/31/2019 | 8.6% | $4,176,875 | $1,991,603 | $2,185,273 | 12/31/2020 | 8.7% | 86.1% | $4,547,278 | $1,798,846 | $2,748,432 | 10.9% | $77,508 | $297,103 |
Loan | 6, 7, 13 | 10 | Southern Flexible–Apartment Portfolio | N/A | N/A | N/A | N/A | $6,103,486 | $3,223,974 | $2,879,512 | 12/31/2020 | 13.4% | 87.9% | $7,135,104 | $3,944,334 | $3,190,770 | 14.8% | $181,500 | $0 |
Property | 10.01 | Siegel Suites – San Antonio, TX | N/A | N/A | N/A | $1,450,901 | $894,807 | $556,094 | 12/31/2020 | 90.0% | $2,001,972 | $1,058,732 | $943,240 | $54,600 | $0 | ||||
Property | 10.02 | Siegel Select – Albuquerque, NM | N/A | N/A | N/A | $2,109,326 | $994,077 | $1,115,249 | 12/31/2020 | 80.7% | $2,207,112 | $1,298,924 | $908,188 | $62,400 | $0 | ||||
Property | 10.03 | Siegel Select – Bossier City, LA | N/A | N/A | N/A | $1,426,652 | $691,284 | $735,368 | 12/31/2020 | 91.3% | $1,425,612 | $717,712 | $707,900 | $35,700 | $0 | ||||
Property | 10.04 | Siegel Suites – Holland, OH | N/A | N/A | N/A | $1,116,607 | $643,806 | $472,801 | 12/31/2020 | 94.0% | $1,500,408 | $868,966 | $631,442 | $28,800 | $0 | ||||
Loan | 7, 14, 15 | 11 | 250 Bedford Avenue | $0 | $1,900,652 | 12/31/2019 | 9.5% | $1,643,841 | $0 | $1,643,841 | 12/31/2020 | 8.2% | 92.8% | $2,032,229 | $269,195 | $1,763,034 | 8.8% | $6,834 | $136,844 |
Loan | 6, 7 | 12 | Lake Region Portfolio | $1,205,096 | $2,176,038 | 12/31/2019 | 11.6% | $3,342,317 | $1,161,594 | $2,180,723 | 12/31/2020 | 11.7% | 90.1% | $3,292,269 | $1,337,442 | $1,954,827 | 10.5% | $49,243 | $0 |
Property | 12.01 | US Storage Centers - Duluth | $528,235 | $1,017,012 | 12/31/2019 | $1,568,443 | $517,007 | $1,051,436 | 12/31/2020 | 95.0% | $1,567,170 | $571,710 | $995,460 | $18,005 | $0 | ||||
Property | 12.02 | US Storage Centers - St. Paul | $468,174 | $704,932 | 12/31/2019 | $1,087,088 | $446,121 | $640,967 | 12/31/2020 | 83.4% | $1,045,130 | $517,765 | $527,365 | $18,447 | $0 | ||||
Property | 12.03 | US Storage Centers - Brainerd | $196,667 | $410,825 | 12/31/2019 | $631,259 | $187,084 | $444,176 | 12/31/2020 | 91.0% | $623,386 | $229,664 | $393,722 | $11,003 | $0 | ||||
Property | 12.04 | US Storage Centers - Pine Tree | $12,021 | $43,270 | 12/31/2019 | $55,527 | $11,383 | $44,144 | 12/31/2020 | 93.0% | $56,584 | $18,303 | $38,281 | $1,788 | $0 | ||||
Loan | 7 | 13 | Heath Town Center | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 96.1% | $2,088,314 | $604,457 | $1,483,856 | 8.8% | $11,650 | $70,679 |
Loan | 5, 7, 16, 17 | 14 | McClellan Park | $15,192,749 | $27,579,910 | 12/31/2019 | 7.7% | $46,135,523 | $16,541,707 | $29,593,816 | 9/30/2020 TTM | 8.3% | 81.0% | $52,666,380 | $15,037,967 | $37,628,413 | 10.5% | $1,038,823 | $1,731,371 |
Loan | 8, 18 | 15 | 111 Fourth Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 90.6% | $6,597,330 | $3,723,071 | $2,874,259 | 19.2% | $50,356 | $0 |
Loan | 16 | Extra Space Storage - DC | $475,156 | $992,497 | 12/31/2019 | 6.8% | $1,544,591 | $452,325 | $1,092,266 | 12/31/2020 | 7.5% | 88.3% | $1,617,668 | $448,971 | $1,168,697 | 8.1% | $7,143 | $0 | |
Loan | 13, 19 | 17 | 12900 I Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 94.5% | $3,740,711 | $947,818 | $2,792,892 | 19.9% | $141,438 | $193,255 |
Loan | 18 | ASM America HQ | $16,269 | $1,517,645 | 12/31/2019 | 11.8% | $1,530,666 | $8,333 | $1,522,333 | 8/31/2020 T-8 Ann. | 11.8% | 95.0% | $1,931,728 | $508,474 | $1,423,254 | 11.1% | $13,028 | $103,965 | |
Loan | 20 | 19 | Chapel Lakes | $763,760 | $997,718 | 12/31/2019 | 7.9% | $1,756,659 | $768,899 | $987,760 | 12/31/2020 | 7.9% | 93.6% | $1,784,762 | $741,318 | $1,043,444 | 8.3% | $81,472 | -$40,000 |
Loan | 20 | Candlewood Apartments & Country Villas | $957,357 | $1,113,522 | 12/31/2019 | 8.9% | $2,100,075 | $910,524 | $1,189,550 | 12/31/2020 | 9.5% | 94.1% | $2,157,671 | $936,760 | $1,220,911 | 9.8% | $63,300 | $0 | |
Loan | 21 | El Paseo | $682,136 | $1,834,814 | 12/31/2019 | 15.3% | $1,813,745 | $598,603 | $1,215,142 | 12/31/2020 | 10.1% | 91.8% | $2,210,978 | $564,956 | $1,646,022 | 13.7% | $12,989 | $57,516 | |
Loan | 22 | Olin Technology Administration Center | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 94.7% | $1,875,196 | $723,889 | $1,151,307 | 9.8% | $12,500 | $74,219 | |
Loan | 6 | 23 | North Austin Portfolio | $472,912 | $1,468,212 | 12/31/2019 | 12.8% | $2,173,342 | $546,975 | $1,626,366 | 12/31/2020 | 14.1% | 91.2% | $2,244,664 | $651,437 | $1,593,227 | 13.9% | $12,300 | $106,859 |
Property | 23.01 | Cold Springs Marketplace | $310,798 | $861,197 | 12/31/2019 | $1,347,203 | $351,794 | $995,409 | 12/31/2020 | 89.6% | $1,429,401 | $415,423 | $1,013,979 | $7,842 | $68,531 | ||||
Property | 23.02 | Old Settlers Market | $162,114 | $607,015 | 12/31/2019 | $826,138 | $195,181 | $630,957 | 12/31/2020 | 94.0% | $815,262 | $236,014 | $579,248 | $4,459 | $38,328 | ||||
Loan | 18 | 24 | Towne House Village North Owners, Inc. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 95.0% | $4,225,220 | $1,470,561 | $2,754,659 | 25.8% | $50,100 | $0 |
Loan | 25 | 2 Boston Post Road | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 95.9% | $1,553,654 | $354,268 | $1,199,386 | 12.0% | $13,767 | $46,808 | |
Loan | 6, 7 | 26 | Walgreens Sale-Leaseback Portfolio - NV,FL,TX | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 97.0% | $750,659 | $9,896 | $740,762 | 7.6% | $4,302 | $0 |
Property | 26.01 | 2389 East Windmill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 26.02 | 12601 Tech Ridge Boulevard | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 26.03 | 850 43rd Avenue Southwest | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 18 | 27 | Valerie Arms Apartment Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 95.0% | $5,769,712 | $3,209,670 | $2,560,042 | 28.4% | $26,300 | $0 |
Loan | 18 | 28 | Blossom Gardens Apartments, Inc. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 96.1% | $3,842,220 | $1,722,104 | $2,120,116 | 28.3% | $46,500 | $0 |
Loan | 29 | Extra Space Storage - Lompoc, CA | $277,850 | $587,281 | 12/31/2019 | 8.1% | $925,841 | $297,254 | $628,587 | 12/31/2020 | 8.7% | 84.8% | $952,239 | $294,969 | $657,270 | 9.1% | $10,058 | $0 | |
Loan | 30 | A Storage Place – Fort Collins | $454,090 | $607,377 | 12/31/2019 | 8.7% | $1,079,079 | $471,529 | $607,550 | 12/31/2020 | 8.7% | 84.9% | $1,079,079 | $460,794 | $618,284 | 8.8% | $12,225 | $0 | |
Loan | 31 | Foley Cubesmart | N/A | N/A | N/A | N/A | $865,380 | $278,052 | $587,328 | 1/31/2021 T-1 Ann. | 8.4% | 88.1% | $843,092 | $268,541 | $574,552 | 8.2% | $6,913 | $0 | |
Loan | 32 | Lowe’s Cromwell | $22,973 | $637,027 | 12/31/2019 | 10.0% | $660,000 | $21,226 | $638,774 | 12/31/2020 | 10.0% | 94.7% | $627,000 | $42,010 | $584,990 | 9.1% | $18,704 | $18,636 | |
Loan | 6, 21 | 33 | CVS-Walgreens Portfolio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 97.0% | $472,875 | $10,096 | $462,779 | 9.2% | $6,273 | $10,385 |
Property | 33.01 | Walgreens | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 94.7% | $268,375 | $8,051 | $260,324 | $4,637 | $10,385 | ||||
Property | 33.02 | CVS | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 100.0% | $204,500 | $2,045 | $202,455 | $1,636 | $0 | ||||
Loan | 34 | Winding Way Apartments | $460,348 | $493,875 | 12/31/2019 | 9.9% | $984,421 | $452,882 | $531,540 | 12/31/2020 | 10.6% | 95.0% | $959,878 | $455,476 | $504,403 | 10.1% | $18,250 | $0 | |
Loan | 22 | 35 | Yuba City 99 Self Storage | $308,784 | $560,824 | 12/31/2019 | 11.2% | $917,110 | $320,887 | $596,223 | 12/31/2020 | 11.9% | 95.0% | $937,624 | $326,699 | $610,925 | 12.2% | $14,381 | $0 |
Loan | 36 | Summer Haven MHP | $316,237 | $342,724 | 12/31/2020 | 6.9% | $658,672 | $295,157 | $363,515 | 1/31/2021 TTM | 7.3% | 95.5% | $722,484 | $306,482 | $416,003 | 8.3% | $5,300 | $0 | |
Loan | 37 | Lockaway Self Storage - Castro Valley, CA | $363,393 | $433,753 | 12/31/2019 | 9.1% | $897,240 | $372,324 | $524,916 | 12/31/2020 | 11.0% | 93.4% | $897,240 | $357,985 | $539,255 | 11.3% | $5,045 | $0 | |
Loan | 38 | CVS Bartlesville OK | $42,000 | $367,049 | 12/31/2019 | 7.8% | $409,049 | $36,000 | $373,049 | 12/31/2020 | 7.9% | 100.0% | $435,857 | $4,359 | $431,499 | 9.2% | $1,984 | $0 | |
Loan | 39 | WAG - Aurora, CO | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 97.0% | $406,552 | $8,746 | $397,807 | 8.5% | $1,412 | $0 | |
Loan | 40 | Woodland Park Self Storage, Sheridan, WY | $256,947 | $441,580 | 12/31/2019 | 9.6% | $710,086 | $249,736 | $460,350 | 12/31/2020 | 10.0% | 95.0% | $726,809 | $223,780 | $503,029 | 11.0% | $18,667 | $0 | |
Loan | 13 | 41 | Holiday Acres MHP | $275,079 | $329,943 | 12/31/2020 | 7.3% | $605,471 | $259,385 | $346,087 | 1/31/2021 TTM | 7.6% | 91.1% | $618,820 | $248,835 | $369,986 | 8.2% | $6,850 | $0 |
Loan | 8 | 42 | 52 Ludlow Street | N/A | N/A | N/A | N/A | $482,700 | $61,837 | $420,863 | 12/31/2020 | 9.4% | 95.0% | $499,985 | $70,206 | $429,779 | 9.6% | $2,500 | $0 |
A-1-13
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Second Most Recent Expenses | Second Most Recent NOI | Second Most Recent NOI Date | Second Most Recent NOI Debt Yield | Most Recent Revenues | Most Recent Expenses | Most Recent NOI | Most Recent NOI Date | Most Recent NOI Debt Yield | Underwritten Occupancy Rate | Underwritten Effective Gross Income | Underwritten Total Expenses | Underwritten NOI | Underwritten NOI Debt Yield | Underwritten Replacement Reserves | Underwritten TI/LC |
Loan | 43 | Stuff Ur Storage Henderson, NV | $285,479 | $176,437 | 12/31/2019 | 4.0% | $600,341 | $228,571 | $371,770 | 11/30/2020 TTM | 8.4% | 88.9% | $646,550 | $211,593 | $434,957 | 9.8% | $13,652 | $0 | |
Loan | 23 | 44 | 16680 Valley View Avenue Data Center | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 92.5% | $595,148 | $201,512 | $393,636 | 9.5% | $4,132 | $16,530 |
Loan | 18 | 45 | Tee-Lex Operating Inc. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 94.8% | $2,752,624 | $1,528,571 | $1,224,053 | 30.6% | $16,100 | $0 |
Loan | 18 | 46 | 30 Clinton Place Owners, Inc. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 95.2% | $1,130,049 | $467,549 | $662,500 | 16.6% | $19,250 | $0 |
Loan | 47 | Gold Creek Apartments | $423,324 | $397,800 | 12/31/2019 | 10.8% | $842,234 | $428,050 | $414,183 | 12/31/2020 | 11.2% | 95.0% | $818,127 | $420,119 | $398,007 | 10.8% | $19,259 | $0 | |
Loan | 48 | Storelocal - Coeur d’Alene, ID | $187,742 | $236,409 | 12/31/2019 | 6.4% | $521,673 | $185,859 | $335,814 | 12/31/2020 | 9.1% | 91.8% | $564,670 | $166,964 | $397,706 | 10.7% | $9,537 | $0 | |
Loan | 18 | 49 | Larchmont Gables Apartment Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 93.0% | $1,250,366 | $390,716 | $859,650 | 25.3% | $12,000 | $0 |
Loan | 13, 18 | 50 | 305 Equities Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 95.3% | $2,203,732 | $1,554,670 | $649,062 | 22.4% | $16,200 | $0 |
Loan | 51 | Glenview Mobile Lodge Community | $113,621 | $260,959 | 12/31/2019 | 9.2% | $391,601 | $124,940 | $266,661 | 11/30/2020 TTM | 9.4% | 95.0% | $404,929 | $147,361 | $257,568 | 9.0% | $2,550 | $0 | |
Loan | 18 | 52 | 511 West 232nd Owners Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 93.0% | $1,531,361 | $627,753 | $903,608 | 36.1% | $16,750 | $0 |
Loan | 18 | 53 | Shore Lane Arms Owners Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 93.0% | $2,481,366 | $1,288,854 | $1,192,512 | 50.8% | $29,400 | $0 |
Loan | 8, 13 | 54 | 69 Meserole Avenue | $36,353 | $98,639 | 12/31/2020 | 4.8% | $131,711 | $43,487 | $88,224 | 1/31/2021 TTM | 4.3% | 96.9% | $201,426 | $51,061 | $150,365 | 7.3% | $2,000 | $0 |
Loan | 18 | 55 | 267 W. 89 Owners Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 95.2% | $1,831,540 | $764,060 | $1,067,480 | 53.4% | $10,500 | $0 |
Loan | 18 | 56 | 169 Spring Owners Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 91.8% | $2,653,674 | $655,240 | $1,998,434 | 111.0% | $22,000 | $0 |
Loan | 18 | 57 | 14 Jay Street Owners Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 93.1% | $647,567 | $234,607 | $412,960 | 22.9% | $4,900 | $0 |
Loan | 18 | 58 | 327-329 4th St. Owners Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 93.0% | $369,731 | $78,472 | $291,259 | 18.2% | $5,400 | $0 |
Loan | 18 | 59 | 210 Equities Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 96.1% | $1,388,961 | $523,492 | $865,469 | 57.8% | $7,250 | $0 |
Loan | 18 | 60 | 39-75 56th Street Owners Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 93.0% | $1,033,462 | $401,157 | $632,305 | 42.2% | $27,000 | $0 |
Loan | 61 | Squaw Valley Mobile Home Community | $124,132 | $168,273 | 12/31/2019 | 12.2% | $293,197 | $86,433 | $206,764 | 12/31/2020 | 15.0% | 93.0% | $290,447 | $101,296 | $189,151 | 13.8% | $2,300 | $0 | |
Loan | 18 | 62 | Woodbury Gardens Redevelopment Company Owners Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 93.0% | $6,985,602 | $1,207,887 | $5,777,715 | 445.2% | $58,500 | $0 |
Loan | 18 | 63 | Parkway Owners Inc. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 93.0% | $1,045,580 | $440,359 | $605,221 | 50.4% | $13,000 | $0 |
Loan | 18 | 64 | 91 Tenants Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 94.0% | $307,380 | $144,313 | $163,067 | 16.3% | $1,600 | $0 |
A-1-14
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Underwritten NCF | Underwritten NCF Debt Yield | Largest Tenant | Largest Tenant Lease Expiration(4) | Largest Tenant NSF | Largest Tenant % of NSF | 2nd Largest Tenant | 2nd Largest Tenant Lease Expiration(4) | 2nd Largest Tenant NSF | 2nd Largest Tenant % of NSF | 3rd Largest Tenant | 3rd Largest Tenant Lease Expiration(4) | 3rd Largest Tenant NSF | 3rd Largest Tenant % of NSF | |||
Loan | 5, 9 | 1 | Pathline Park 9 & 10 | $12,766,041 | 9.8% | Proofpoint Inc | 5/31/2031 | 242,226 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 5, 10 | 2 | Miami Design District | $35,940,495 | 9.0% | Holly Hunt | 4/30/2025 | 24,897 | 5.0% | Fendi Casa/Luxury Living | 4/16/2027 | 22,439 | 4.5% | Dacra | 1/31/2023 | 18,828 | 3.8% | |||
Loan | 5, 6, 7, 11 | 3 | Extra Space Rock ‘N Roll Self Storage Portfolio | $9,321,378 | 8.6% | |||||||||||||||
Property | 3.01 | Houston - Katy Fwy | $873,570 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 3.02 | Santa Maria - Skyway Dr | $768,311 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 3.03 | Redlands – Alabama St | $727,596 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 3.04 | Sacramento - Franklin Blvd | $719,463 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 3.05 | Dallas - Northwest Hwy | $660,997 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 3.06 | Sacramento - 5051 Perry Ave | $583,358 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 3.07 | Chicago - 95th St | $567,064 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 3.08 | Chicago - West Addison | $564,717 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 3.09 | Tracy - 787 E 11th St | $564,710 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 3.10 | Tracy - 780 E 11th St | $561,910 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 3.11 | Fredericksburg - 5219 Plank Rd | $554,594 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 3.12 | North Aurora - Lincolnway | $514,413 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 3.13 | Spring - I-45 North | $496,326 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 3.14 | Chicago - Pulaski Rd | $474,608 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 3.15 | El Paso - Desert Blvd | $349,062 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 3.16 | Mt Pleasant - Bowman Rd | $340,678 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Loan | 5, 8 | 4 | 605 Third Avenue | $29,974,788 | 13.0% | Univision Communications, Inc. | 12/31/2028 | 194,701 | 18.9% | United Nations Population Fund | 12/31/2025 | 130,740 | 12.7% | Broadridge Financial Solutions, Inc. | 1/31/2035 | 87,165 | 8.5% | |||
Loan | 12 | 5 | 530 Seventh Avenue Fee | $5,220,000 | 9.5% | G&S Realty 1, LLC | 11/30/2049 | 495,245 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 6 | 6 | ExchangeRight Net Leased Portfolio #43 | $3,347,578 | 8.8% | |||||||||||||||
Property | 6.01 | Lowe’s - Dalton (Cleveland), GA | N/A | Lowe’s | 12/31/2032 | 130,833 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 6.02 | Natural Grocers - Grand Forks (32nd Avenue), ND | N/A | Natural Grocers | 8/31/2031 | 21,169 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 6.03 | Tractor Supply - Patterson (Rte-311), NY | N/A | Tractor Supply | 2/28/2031 | 22,685 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 6.04 | Walgreens (Grand) - Ames, IA | N/A | Walgreens | 6/30/2034 | 14,867 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 6.05 | Walgreens - Baltimore (Liberty), MD | N/A | Walgreens | 10/31/2030 | 12,681 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 6.06 | Walgreens - Independence (East 23rd), MO | N/A | Walgreens | 7/31/2033 | 13,828 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 6.07 | Fresenius Medical Care - Cary (Stamford), NC | N/A | Fresenius Medical Care | 5/31/2033 | 7,324 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 6.08 | Walgreens - Skokie (Skokie), IL | N/A | Walgreens | 1/31/2030 | 11,847 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 6.09 | Tractor Supply - Anderson (Scatterfield), IN | N/A | Tractor Supply | 1/31/2030 | 19,085 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 6.10 | M&T Bank - Rochester (Latta), NY | N/A | M&T Bank | 6/30/2030 | 4,000 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 6.11 | Fresenius Medical Care - Walker (Walker), LA | N/A | Fresenius Medical Care | 6/1/2032 | 5,363 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 6.12 | Sherwin Williams - Noblesville (Sunny), IN | N/A | Sherwin Williams | 9/30/2032 | 4,261 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 6.13 | Sherwin Williams - Bloomington (Gates), IN | N/A | Sherwin Williams | 12/30/2031 | 4,026 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 6.14 | Dollar Tree - Midland (Big Spring), TX | N/A | Dollar Tree | 1/31/2031 | 9,993 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 6.15 | Sherwin Williams - Hamilton (Walden), OH | N/A | Sherwin Williams | 9/30/2030 | 3,503 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Loan | 5, 6, 7, 11 | 7 | Boca Office Portfolio | $9,922,619 | 10.0% | |||||||||||||||
Property | 7.01 | Boardwalk @ 18th | $3,053,647 | Women’s Health Partners, LLC | 12/31/2027 | 16,662 | 12.6% | Carraba’s Tropical Coast | 4/30/2023 | 5,921 | 4.5% | Wild Hair Salon | 11/30/2021 | 5,889 | 4.5% | |||||
Property | 7.02 | Fountains Center | $2,788,425 | University of Miami | 4/30/2026 | 12,987 | 6.9% | Madsen, Kneepers & Associates | 12/31/2024 | 6,350 | 3.4% | Gil Lichtshein | 7/31/2026 | 5,987 | 3.2% | |||||
Property | 7.03 | City National Park | $2,940,608 | Belux LLC (Aka Opus) | 12/31/2030 | 17,902 | 13.5% | TDL Centers Inc | 7/14/2030 | 14,067 | 10.6% | Hellenic Petroleum LLC | 2/28/2025 | 8,381 | 6.3% | |||||
Property | 7.04 | Grove Centre | $1,139,938 | Soberinves Sober Investments, LLC | 6/30/2024 | 10,885 | 17.7% | Kabbalah Center | 2/28/2026 | 4,500 | 7.3% | Big Boca Smiles | 11/30/2026 | 4,495 | 7.3% | |||||
Loan | 8 | Park Del Amo | $2,962,949 | 10.5% | Keenan & Associates | 3/31/2024 | 86,911 | 42.3% | High Ground Insurance Services | 8/31/2023 | 7,417 | 3.6% | EmpTech | 7/31/2023 | 5,867 | 2.9% | ||||
Loan | 13 | 9 | Lakeshore Business Center | $2,373,821 | 9.5% | Hair Visions International | 2/28/2026 | 34,501 | 14.5% | ECI Telecom | 8/31/2025 | 24,316 | 10.2% | GSA | 11/30/2034 | 16,197 | 6.8% | |||
Loan | 6, 7, 13 | 10 | Southern Flexible–Apartment Portfolio | $3,009,270 | 14.0% | |||||||||||||||
Property | 10.01 | Siegel Suites – San Antonio, TX | $888,640 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 10.02 | Siegel Select – Albuquerque, NM | $845,788 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 10.03 | Siegel Select – Bossier City, LA | $672,200 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 10.04 | Siegel Suites – Holland, OH | $602,642 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Loan | 7, 14, 15 | 11 | 250 Bedford Avenue | $1,619,356 | 8.1% | Duane Reade | 12/31/2030 | 16,500 | 31.7% | HSBC Bank USA | 12/31/2025 | 5,393 | 10.4% | N/A | N/A | N/A | N/A | |||
Loan | 6, 7 | 12 | Lake Region Portfolio | $1,905,584 | 10.2% | |||||||||||||||
Property | 12.01 | US Storage Centers - Duluth | $977,455 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 12.02 | US Storage Centers - St. Paul | $508,918 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 12.03 | US Storage Centers - Brainerd | $382,718 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 12.04 | US Storage Centers - Pine Tree | $36,493 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Loan | 7 | 13 | Heath Town Center | $1,401,527 | 8.3% | Tom Thumb | 9/30/2039 | 55,000 | 70.8% | Mannys Tex-Mex Restaurant | 1/31/2030 | 7,310 | 9.4% | Aria Nail Bar | 12/31/2029 | 3,500 | 4.5% | |||
Loan | 5, 7, 16, 17 | 14 | McClellan Park | $34,858,219 | 9.7% | Amazon | 6/30/2030 | 417,637 | 6.0% | Hydra Distribution | 4/16/2025 | 388,784 | 5.6% | Dome Printing | 11/17/2033 | 320,000 | 4.6% | |||
Loan | 8, 18 | 15 | 111 Fourth Avenue | $2,823,903 | 18.8% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 16 | Extra Space Storage - DC | $1,161,554 | 8.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 13, 19 | 17 | 12900 I Street | $2,458,198 | 17.6% | Millard Lumber | 1/10/2036 | 495,720 | 81.6% | Kardia Logistics | 9/3/2022 | 67,279 | 11.1% | Kiewit Corporation | 11/30/2024 | 28,500 | 4.7% | |||
Loan | 18 | ASM America HQ | $1,306,261 | 10.2% | ASM America | 3/31/2029 | 130,282 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 20 | 19 | Chapel Lakes | $1,001,972 | 8.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 20 | Candlewood Apartments & Country Villas | $1,157,611 | 9.3% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 21 | El Paseo | $1,575,516 | 13.1% | El Paseo Restaurant | 6/30/2028 | 7,627 | 13.2% | Wine Cask | 6/30/2030 | 7,536 | 13.1% | ClarionDoor, LLC | 7/31/2024 | 6,633 | 11.5% | ||||
Loan | 22 | Olin Technology Administration Center | $1,064,588 | 9.1% | Olin Corporation | 7/31/2035 | 62,500 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 6 | 23 | North Austin Portfolio | $1,474,068 | 12.8% | |||||||||||||||
Property | 23.01 | Cold Springs Marketplace | $937,606 | DB World Foods | 2/19/2024 | 6,983 | 13.4% | The Republic | 6/26/2024 | 4,231 | 8.1% | Cedar Park Medical Center | 7/31/2028 | 3,407 | 6.5% | |||||
Property | 23.02 | Old Settlers Market | $536,462 | Premier Music Academy | 7/31/2021 | 3,122 | 10.5% | Gino’s Vino Osteria | 1/31/2024 | 2,594 | 8.7% | Greenhouse Craft Food | 10/15/2028 | 2,568 | 8.6% | |||||
Loan | 18 | 24 | Towne House Village North Owners, Inc. | $2,704,559 | 25.3% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 25 | 2 Boston Post Road | $1,138,811 | 11.4% | Amazon | 9/30/2030 | 137,670 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 6, 7 | 26 | Walgreens Sale-Leaseback Portfolio - NV,FL,TX | $736,460 | 7.5% | |||||||||||||||
Property | 26.01 | 2389 East Windmill | N/A | Walgreens | 2/28/2036 | 13,821 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 26.02 | 12601 Tech Ridge Boulevard | N/A | Walgreens | 2/28/2036 | 14,717 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 26.03 | 850 43rd Avenue Southwest | N/A | Walgreens | 2/28/2036 | 14,482 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Loan | 18 | 27 | Valerie Arms Apartment Corp. | $2,533,742 | 28.2% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 18 | 28 | Blossom Gardens Apartments, Inc. | $2,073,616 | 27.7% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 29 | Extra Space Storage - Lompoc, CA | $647,212 | 8.9% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 30 | A Storage Place – Fort Collins | $606,059 | 8.7% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 31 | Foley Cubesmart | $567,639 | 8.1% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 32 | Lowe’s Cromwell | $547,650 | 8.6% | Lowe’s | 6/28/2029 | 124,691 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 6, 21 | 33 | CVS-Walgreens Portfolio | $446,121 | 8.9% | |||||||||||||||
Property | 33.01 | Walgreens | $245,302 | Walgreens | 12/31/2031 | 14,490 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Property | 33.02 | CVS | $200,819 | CVS | 10/31/2040 | 10,908 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
Loan | 34 | Winding Way Apartments | $486,153 | 9.7% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 22 | 35 | Yuba City 99 Self Storage | $596,544 | 11.9% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 36 | Summer Haven MHP | $410,703 | 8.2% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 37 | Lockaway Self Storage - Castro Valley, CA | $534,210 | 11.2% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 38 | CVS Bartlesville OK | $429,515 | 9.1% | CVS | 1/31/2040 | 13,225 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 39 | WAG - Aurora, CO | $396,395 | 8.4% | Walgreens | 6/30/2082 | 14,121 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 40 | Woodland Park Self Storage, Sheridan, WY | $484,362 | 10.6% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 13 | 41 | Holiday Acres MHP | $363,136 | 8.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 8 | 42 | 52 Ludlow Street | $427,279 | 9.5% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
A-1-15
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Underwritten NCF | Underwritten NCF Debt Yield | Largest Tenant | Largest Tenant Lease Expiration(4) | Largest Tenant NSF | Largest Tenant % of NSF | 2nd Largest Tenant | 2nd Largest Tenant Lease Expiration(4) | 2nd Largest Tenant NSF | 2nd Largest Tenant % of NSF | 3rd Largest Tenant | 3rd Largest Tenant Lease Expiration(4) | 3rd Largest Tenant NSF | 3rd Largest Tenant % of NSF | |||
Loan | 43 | Stuff Ur Storage Henderson, NV | $421,305 | 9.5% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 23 | 44 | 16680 Valley View Avenue Data Center | $372,974 | 9.0% | Cogent Communications | 8/31/2034 | 16,529 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 18 | 45 | Tee-Lex Operating Inc. | $1,207,953 | 30.2% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 18 | 46 | 30 Clinton Place Owners, Inc. | $643,250 | 16.1% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 47 | Gold Creek Apartments | $378,748 | 10.2% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 48 | Storelocal - Coeur d’Alene, ID | $388,169 | 10.5% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 18 | 49 | Larchmont Gables Apartment Corp. | $847,650 | 25.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 13, 18 | 50 | 305 Equities Corp. | $632,862 | 21.8% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 51 | Glenview Mobile Lodge Community | $255,018 | 8.9% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 18 | 52 | 511 West 232nd Owners Corp. | $886,858 | 35.5% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 18 | 53 | Shore Lane Arms Owners Corp. | $1,163,112 | 49.6% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 8, 13 | 54 | 69 Meserole Avenue | $148,365 | 7.2% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 18 | 55 | 267 W. 89 Owners Corp. | $1,056,980 | 52.8% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 18 | 56 | 169 Spring Owners Corp. | $1,976,434 | 109.8% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 18 | 57 | 14 Jay Street Owners Corp. | $408,060 | 22.7% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 18 | 58 | 327-329 4th St. Owners Corp. | $285,859 | 17.9% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 18 | 59 | 210 Equities Corp. | $858,219 | 57.3% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 18 | 60 | 39-75 56th Street Owners Corp. | $605,305 | 40.4% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 61 | Squaw Valley Mobile Home Community | $186,851 | 13.6% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 18 | 62 | Woodbury Gardens Redevelopment Company Owners Corp. | $5,719,215 | 440.7% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 18 | 63 | Parkway Owners Inc. | $592,221 | 49.4% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 18 | 64 | 91 Tenants Corp. | $161,467 | 16.1% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
A-1-16
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | 4th Largest Tenant | 4th Largest Tenant Lease Expiration(4) | 4th Largest Tenant NSF | 4th Largest Tenant % of NSF | 5th Largest Tenant | 5th Largest Tenant Lease Expiration(4) | 5th Largest Tenant NSF | 5th Largest Tenant % of NSF | Upfront Replacement Reserves | Monthly Replacement Reserves | Replacement Reserve Cap | |||
Loan | 5, 9 | 1 | Pathline Park 9 & 10 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $1,161,000 | |||
Loan | 5, 10 | 2 | Miami Design District | Luxury Brand Partners | 8/17/2022 | 18,077 | 3.6% | Luminaire | 1/31/2024 | 15,000 | 3.0% | $0 | $8,285 | $0 | |||
Loan | 5, 6, 7, 11 | 3 | Extra Space Rock ‘N Roll Self Storage Portfolio | $0 | $0 | $0 | |||||||||||
Property | 3.01 | Houston - Katy Fwy | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.02 | Santa Maria - Skyway Dr | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.03 | Redlands – Alabama St | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.04 | Sacramento - Franklin Blvd | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.05 | Dallas - Northwest Hwy | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.06 | Sacramento - 5051 Perry Ave | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.07 | Chicago - 95th St | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.08 | Chicago - West Addison | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.09 | Tracy - 787 E 11th St | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.10 | Tracy - 780 E 11th St | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.11 | Fredericksburg - 5219 Plank Rd | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.12 | North Aurora - Lincolnway | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.13 | Spring - I-45 North | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.14 | Chicago - Pulaski Rd | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.15 | El Paso - Desert Blvd | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 3.16 | Mt Pleasant - Bowman Rd | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 5, 8 | 4 | 605 Third Avenue | AECOM Technology Corporation | 3/31/2033 | 78,484 | 7.6% | Anti-Defamation League of B’Nai B’Rith, Inc. | 3/31/2027 | 73,333 | 7.1% | $0 | $0 | $411,096 | |||
Loan | 12 | 5 | 530 Seventh Avenue Fee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 6 | 6 | ExchangeRight Net Leased Portfolio #43 | $224,000 | $1,194 | $0 | |||||||||||
Property | 6.01 | Lowe’s - Dalton (Cleveland), GA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 6.02 | Natural Grocers - Grand Forks (32nd Avenue), ND | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 6.03 | Tractor Supply - Patterson (Rte-311), NY | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 6.04 | Walgreens (Grand) - Ames, IA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 6.05 | Walgreens - Baltimore (Liberty), MD | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 6.06 | Walgreens - Independence (East 23rd), MO | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 6.07 | Fresenius Medical Care - Cary (Stamford), NC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 6.08 | Walgreens - Skokie (Skokie), IL | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 6.09 | Tractor Supply - Anderson (Scatterfield), IN | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 6.10 | M&T Bank - Rochester (Latta), NY | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 6.11 | Fresenius Medical Care - Walker (Walker), LA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 6.12 | Sherwin Williams - Noblesville (Sunny), IN | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 6.13 | Sherwin Williams - Bloomington (Gates), IN | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 6.14 | Dollar Tree - Midland (Big Spring), TX | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 6.15 | Sherwin Williams - Hamilton (Walden), OH | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 5, 6, 7, 11 | 7 | Boca Office Portfolio | $0 | $10,614 | $0 | |||||||||||
Property | 7.01 | Boardwalk @ 18th | Boca Pointe Community Assoc. | 11/30/2025 | 5,551 | 4.2% | Rooms For Prince & Princess | 8/31/2024 | 4,920 | 3.7% | |||||||
Property | 7.02 | Fountains Center | Salt Academy | 8/31/2028 | 5,950 | 3.2% | Cohen & Sheinker, MD, PA | 2/28/2023 | 5,066 | 2.7% | |||||||
Property | 7.03 | City National Park | Harbinger Capital Group | 6/30/2021 | 8,281 | 6.3% | Revamp Healthcare Partners | 8/31/2027 | 7,622 | 5.8% | |||||||
Property | 7.04 | Grove Centre | Sequoia Insurance | 10/31/2024 | 4,371 | 7.1% | Skin Apeel, Inc. | 1/31/2024 | 3,162 | 5.1% | |||||||
Loan | 8 | Park Del Amo | Servatius, O’Brien & Fong, LLP | 5/31/2022 | 4,899 | 2.4% | CBIZ Benefits & Insurance Services, Inc. | 11/30/2026 | 4,733 | 2.3% | $0 | $8,555 (4/1/2021-3/1/2026); $1,711 (4/1/2026-3/1/2031) | $0 | ||||
Loan | 13 | 9 | Lakeshore Business Center | Dept of Juvenile Justice | 2/29/2028 | 12,008 | 5.1% | Evolis | 3/31/2024 | 11,139 | 4.7% | $0 | $4,931 | $0 | |||
Loan | 6, 7, 13 | 10 | Southern Flexible–Apartment Portfolio | $0 | $12,150 | $0 | |||||||||||
Property | 10.01 | Siegel Suites – San Antonio, TX | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 10.02 | Siegel Select – Albuquerque, NM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 10.03 | Siegel Select – Bossier City, LA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 10.04 | Siegel Suites – Holland, OH | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 7, 14, 15 | 11 | 250 Bedford Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $434 | $0 | |||
Loan | 6, 7 | 12 | Lake Region Portfolio | $0 | $4,103 | $147,708 | |||||||||||
Property | 12.01 | US Storage Centers - Duluth | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 12.02 | US Storage Centers - St. Paul | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 12.03 | US Storage Centers - Brainerd | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 12.04 | US Storage Centers - Pine Tree | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 7 | 13 | Heath Town Center | Giannis Italian Bistro | 1/31/2027 | 3,000 | 3.9% | Haute Salon | 7/31/2030 | 2,540 | 3.3% | $0 | $971 | $0 | |||
Loan | 5, 7, 16, 17 | 14 | McClellan Park | McClellan Jet Services | 9/12/2022 | 280,839 | 4.1% | Northrop Grumman Systems | 254,511 (12/31/2021); 4,857 (7/31/2022); 8,250 (11/30/2022) | 267,618 | 3.9% | $0 | $0 | $0 | |||
Loan | 8, 18 | 15 | 111 Fourth Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 16 | Extra Space Storage - DC | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $893 | $0 | ||||
Loan | 13, 19 | 17 | 12900 I Street | Brazilian Consortium of Stones | 5/31/2022 | 15,876 | 2.6% | N/A | N/A | N/A | N/A | $0 | $11,787 | $0 | |||
Loan | 18 | ASM America HQ | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | ||||
Loan | 20 | 19 | Chapel Lakes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $400,000 | $4,015 | $0 | |||
Loan | 20 | Candlewood Apartments & Country Villas | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $5,275 | $0 | ||||
Loan | 21 | El Paseo | Davies Inc./ Perceptioneering | 5/31/2023 | 4,784 | 8.3% | Coach, Inc. | 8/31/2022 | 3,104 | 5.4% | $0 | $1,082 | $38,967 | ||||
Loan | 22 | Olin Technology Administration Center | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $833 | $0 | ||||
Loan | 6 | 23 | North Austin Portfolio | $0 | $1,025 | $61,502 | |||||||||||
Property | 23.01 | Cold Springs Marketplace | Smile Doctors | 8/31/2022 | 2,757 | 5.3% | Transform Boot Camp | 5/31/2022 | 2,726 | 5.2% | |||||||
Property | 23.02 | Old Settlers Market | Round Rock Karate Academy | 8/28/2025 | 1,950 | 6.6% | Craft and Racked Wine Bar | 4/30/2024 | 1,849 | 6.2% | |||||||
Loan | 18 | 24 | Towne House Village North Owners, Inc. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 25 | 2 Boston Post Road | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $1,147 | $0 | ||||
Loan | 6, 7 | 26 | Walgreens Sale-Leaseback Portfolio - NV,FL,TX | $0 | $0 | $0 | |||||||||||
Property | 26.01 | 2389 East Windmill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 26.02 | 12601 Tech Ridge Boulevard | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 26.03 | 850 43rd Avenue Southwest | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 18 | 27 | Valerie Arms Apartment Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 18 | 28 | Blossom Gardens Apartments, Inc. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 29 | Extra Space Storage - Lompoc, CA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $22,250 | $838 | $31,150 | ||||
Loan | 30 | A Storage Place – Fort Collins | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $1,019 | $36,675 | ||||
Loan | 31 | Foley Cubesmart | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $577 | $20,775 | ||||
Loan | 32 | Lowe’s Cromwell | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | ||||
Loan | 6, 21 | 33 | CVS-Walgreens Portfolio | $0 | $386 | $9,238 | |||||||||||
Property | 33.01 | Walgreens | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 33.02 | CVS | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 34 | Winding Way Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $1,521 | $0 | ||||
Loan | 22 | 35 | Yuba City 99 Self Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $1,198 | $43,143 | |||
Loan | 36 | Summer Haven MHP | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $442 | $0 | ||||
Loan | 37 | Lockaway Self Storage - Castro Valley, CA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $420 | $0 | ||||
Loan | 38 | CVS Bartlesville OK | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $165 | $1,984 | ||||
Loan | 39 | WAG - Aurora, CO | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | ||||
Loan | 40 | Woodland Park Self Storage, Sheridan, WY | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $30,000 | $1,555 | $0 | ||||
Loan | 13 | 41 | Holiday Acres MHP | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $571 | $0 | |||
Loan | 8 | 42 | 52 Ludlow Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $208 | $0 |
A-1-17
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | 4th Largest Tenant | 4th Largest Tenant Lease Expiration(4) | 4th Largest Tenant NSF | 4th Largest Tenant % of NSF | 5th Largest Tenant | 5th Largest Tenant Lease Expiration(4) | 5th Largest Tenant NSF | 5th Largest Tenant % of NSF | Upfront Replacement Reserves | Monthly Replacement Reserves | Replacement Reserve Cap | |||
Loan | 43 | Stuff Ur Storage Henderson, NV | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $1,138 | $40,955 | ||||
Loan | 23 | 44 | 16680 Valley View Avenue Data Center | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $33,058 | $0 | $0 | |||
Loan | 18 | 45 | Tee-Lex Operating Inc. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 18 | 46 | 30 Clinton Place Owners, Inc. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 47 | Gold Creek Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $1,605 | $0 | ||||
Loan | 48 | Storelocal - Coeur d’Alene, ID | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $795 | $28,620 | ||||
Loan | 18 | 49 | Larchmont Gables Apartment Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 13, 18 | 50 | 305 Equities Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 51 | Glenview Mobile Lodge Community | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $213 | $0 | ||||
Loan | 18 | 52 | 511 West 232nd Owners Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 18 | 53 | Shore Lane Arms Owners Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 8, 13 | 54 | 69 Meserole Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $167 | $4,000 | |||
Loan | 18 | 55 | 267 W. 89 Owners Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 18 | 56 | 169 Spring Owners Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 18 | 57 | 14 Jay Street Owners Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 18 | 58 | 327-329 4th St. Owners Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 18 | 59 | 210 Equities Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 18 | 60 | 39-75 56th Street Owners Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 61 | Squaw Valley Mobile Home Community | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $208 | $0 | ||||
Loan | 18 | 62 | Woodbury Gardens Redevelopment Company Owners Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 18 | 63 | Parkway Owners Inc. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | |||
Loan | 18 | 64 | 91 Tenants Corp. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 |
A-1-18
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Upfront TI/LC Reserves | Monthly TI/LC Reserves | TI/LC Reserve Cap | Upfront Tax Reserves | Monthly Tax Reserves | Upfront Insurance Reserves | Monthly Insurance Reserves | Upfront Deferred Maint. Reserve | Initial Other Reserves | Ongoing Other Reserves | Other Reserves Description | Appraisal Report Date | Environmental Phase I Report Date | Environmental Phase II Report Date | |
Loan | 5, 9 | 1 | Pathline Park 9 & 10 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11,354,383 | $0 | Rent Concession Reserve; Remaining Construction Payments Reserve | 1/21/2021 | 1/15/2021 | N/A | |
Loan | 5, 10 | 2 | Miami Design District | $4,907,050 | $82,849 | $0 | $2,100,000 | $525,000 | $0 | $0 | $0 | $12,199,307 | $0 | Debt Service Reserve; Free Rent Reserve; Gap Rent Reserve | 2/28/2020 | 2/20/2020 | N/A | |
Loan | 5, 6, 7, 11 | 3 | Extra Space Rock ‘N Roll Self Storage Portfolio | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $750,000 | $0 | $0 | N/A | ||||
Property | 3.01 | Houston - Katy Fwy | 1/20/2021 | 1/11/2021 | N/A | |||||||||||||
Property | 3.02 | Santa Maria - Skyway Dr | 1/21/2021 | 1/28/2021 | N/A | |||||||||||||
Property | 3.03 | Redlands – Alabama St | 2/9/2021 | 12/18/2020 | N/A | |||||||||||||
Property | 3.04 | Sacramento - Franklin Blvd | 1/22/2021 | 2/2/2021 | 2/2/2021 | |||||||||||||
Property | 3.05 | Dallas - Northwest Hwy | 1/20/2021 | 12/18/2020 | N/A | |||||||||||||
Property | 3.06 | Sacramento - 5051 Perry Ave | 1/22/2021 | 12/18/2020 | N/A | |||||||||||||
Property | 3.07 | Chicago - 95th St | 1/20/2021 | 12/21/2020 | N/A | |||||||||||||
Property | 3.08 | Chicago - West Addison | 2/4/2021 | 12/22/2020 | N/A | |||||||||||||
Property | 3.09 | Tracy - 787 E 11th St | 1/21/2021 | 12/18/2020 | N/A | |||||||||||||
Property | 3.10 | Tracy - 780 E 11th St | 1/21/2021 | 12/18/2020 | N/A | |||||||||||||
Property | 3.11 | Fredericksburg - 5219 Plank Rd | 1/20/2021 | 12/18/2020 | N/A | |||||||||||||
Property | 3.12 | North Aurora - Lincolnway | 2/5/2021 | 12/22/2020 | N/A | |||||||||||||
Property | 3.13 | Spring - I-45 North | 1/20/2021 | 1/7/2021 | N/A | |||||||||||||
Property | 3.14 | Chicago - Pulaski Rd | 1/21/2021 | 12/22/2020 | N/A | |||||||||||||
Property | 3.15 | El Paso - Desert Blvd | 1/20/2021 | 12/22/2020 | N/A | |||||||||||||
Property | 3.16 | Mt Pleasant - Bowman Rd | 2/9/2021 | 12/18/2020 | N/A | |||||||||||||
Loan | 5, 8 | 4 | 605 Third Avenue | $1,092,905 | $0 | $4,000,000 | $0 | $0 | $0 | $0 | $0 | $934,456 | $0 | Free Rent | 11/5/2020 | 10/27/2020 | N/A | |
Loan | 12 | 5 | 530 Seventh Avenue Fee | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A | 2/10/2021 | 2/3/2021 | N/A | |
Loan | 6 | 6 | ExchangeRight Net Leased Portfolio #43 | $500,000 | $0 | $0 | $61,475 | $13,730 | $0 | $0 | $39,298 | $12,500 | $0 | Water Treatment Reserve | ||||
Property | 6.01 | Lowe’s - Dalton (Cleveland), GA | 1/14/2021 | 1/25/2021 | N/A | |||||||||||||
Property | 6.02 | Natural Grocers - Grand Forks (32nd Avenue), ND | 1/14/2021 | 1/4/2021 | N/A | |||||||||||||
Property | 6.03 | Tractor Supply - Patterson (Rte-311), NY | 1/21/2021 | 11/12/2020 | N/A | |||||||||||||
Property | 6.04 | Walgreens (Grand) - Ames, IA | 1/14/2021 | 11/24/2020 | N/A | |||||||||||||
Property | 6.05 | Walgreens - Baltimore (Liberty), MD | 1/14/2021 | 12/15/2020 | N/A | |||||||||||||
Property | 6.06 | Walgreens - Independence (East 23rd), MO | 1/14/2021 | 12/16/2020 | N/A | |||||||||||||
Property | 6.07 | Fresenius Medical Care - Cary (Stamford), NC | 1/15/2021 | 1/6/2021 | N/A | |||||||||||||
Property | 6.08 | Walgreens - Skokie (Skokie), IL | 1/14/2021 | 12/30/2020 | N/A | |||||||||||||
Property | 6.09 | Tractor Supply - Anderson (Scatterfield), IN | 1/14/2021 | 1/6/2021 | N/A | |||||||||||||
Property | 6.10 | M&T Bank - Rochester (Latta), NY | 1/19/2021 | 1/14/2021 | N/A | |||||||||||||
Property | 6.11 | Fresenius Medical Care - Walker (Walker), LA | 1/20/2021 | 12/31/2020 | N/A | |||||||||||||
Property | 6.12 | Sherwin Williams - Noblesville (Sunny), IN | 1/22/2021 | 12/30/2020 | N/A | |||||||||||||
Property | 6.13 | Sherwin Williams - Bloomington (Gates), IN | 1/26/2021 | 1/4/2021 | N/A | |||||||||||||
Property | 6.14 | Dollar Tree - Midland (Big Spring), TX | 1/14/2021 | 11/24/2020 | N/A | |||||||||||||
Property | 6.15 | Sherwin Williams - Hamilton (Walden), OH | 1/25/2021 | 12/30/2020 | N/A | |||||||||||||
Loan | 5, 6, 7, 11 | 7 | Boca Office Portfolio | $1,500,000 | $42,877 | $3,000,000 | $609,758 | $152,439 | $1,008,948 | $84,079 | $18,755 | $1,217,750 | $0 | DS Reserve; Environmental Reserve; Unfunded Obligations Reserve | ||||
Property | 7.01 | Boardwalk @ 18th | 12/17/2020 | 2/19/2020 | N/A | |||||||||||||
Property | 7.02 | Fountains Center | 2/5/2021 | 2/21/2020 | N/A | |||||||||||||
Property | 7.03 | City National Park | 2/5/2021 | 2/20/2020 | N/A | |||||||||||||
Property | 7.04 | Grove Centre | 12/17/2020 | 2/22/2020 | N/A | |||||||||||||
Loan | 8 | Park Del Amo | $840,000 | $17,100 | $840,000 | $0 | $41,374 | $0 | $0 | $65,000 | $202,725 | $0 | Existing TI Reserve; Free Rent Reserve | 2/24/2021 | 1/29/2021 | N/A | ||
Loan | 13 | 9 | Lakeshore Business Center | $0 | $24,759 | $375,000 | $160,953 | $53,651 | $174,609 | $14,551 | $14,688 | $1,172,173 | $0 | Existing TI/LC Funds | 2/2/2021 | 12/17/2020 | N/A | |
Loan | 6, 7, 13 | 10 | Southern Flexible–Apartment Portfolio | $0 | $0 | $0 | $62,972 | $20,890 | $0 | $0 | $182,063 | $0 | $0 | N/A | ||||
Property | 10.01 | Siegel Suites – San Antonio, TX | 1/21/2021 | 10/30/2020 | N/A | |||||||||||||
Property | 10.02 | Siegel Select – Albuquerque, NM | 1/14/2021 | 10/29/2020 | N/A | |||||||||||||
Property | 10.03 | Siegel Select – Bossier City, LA | 1/14/2021 | 10/30/2020 | N/A | |||||||||||||
Property | 10.04 | Siegel Suites – Holland, OH | 1/12/2021 | 11/9/2020 | N/A | |||||||||||||
Loan | 7, 14, 15 | 11 | 250 Bedford Avenue | $45,000 | $0 | $43,786 | $0 | $5,592 | $0 | $0 | $0 | $125,000 | $0 | Parking Reserve | 12/22/2020 | 12/10/2020 | N/A | |
Loan | 6, 7 | 12 | Lake Region Portfolio | $0 | $0 | $0 | $217,960 | $43,592 | $0 | $0 | $0 | $83,000 | $0 | Environmental Reserve | ||||
Property | 12.01 | US Storage Centers - Duluth | 10/21/2020 | 9/18/2020 | N/A | |||||||||||||
Property | 12.02 | US Storage Centers - St. Paul | 10/15/2020 | 9/18/2020 | N/A | |||||||||||||
Property | 12.03 | US Storage Centers - Brainerd | 10/15/2020 | 4/2/2020 | N/A | |||||||||||||
Property | 12.04 | US Storage Centers - Pine Tree | 10/15/2020 | 3/27/2020 | N/A | |||||||||||||
Loan | 7 | 13 | Heath Town Center | $0 | $0 | $233,007 | $15,666 | $5,222 | $0 | $0 | $6,250 | $170,120 | $0 | Debt Service Reserve | 1/6/2021 | 12/23/2020 | N/A | |
Loan | 5, 7, 16, 17 | 14 | McClellan Park | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6,190,922 | $0 | Development Agency Loan Reserve; Rent Concession Reserve; Tenant Specific TILC Reserve | 10/15/2020 | Various | N/A | |
Loan | 8, 18 | 15 | 111 Fourth Avenue | $0 | $0 | $0 | $364,985 | $182,492 | $13,968 | $6,984 | $21,000 | $1,000,000 | $0 | Facade Reserve | 1/7/2021 | 12/18/2020 | N/A | |
Loan | 16 | Extra Space Storage - DC | $0 | $0 | $0 | $54,238 | $9,040 | $0 | $2,109 | $0 | $0 | $0 | N/A | 12/23/2020 | 12/21/2020 | N/A | ||
Loan | 13, 19 | 17 | 12900 I Street | $0 | $15,184 | $728,850 | $167,048 | $23,864 | $0 | $0 | $22,500 | $71,975 | $0 | Rent Concession Reserve | 2/19/2021 | 3/31/2020 | N/A | |
Loan | 18 | ASM America HQ | $0 | $0 | $0 | $24,003 | $24,003 | $0 | $0 | $0 | $2,829,262 | $0 | Rent Concession Reserve; Renewal Reserve Letter of Credit | 1/6/2021 | 12/30/2020 | N/A | ||
Loan | 20 | 19 | Chapel Lakes | $0 | $0 | $0 | $17,754 | $5,918 | $0 | $0 | $0 | $0 | $0 | N/A | 12/4/2020 | 1/5/2021 | N/A | |
Loan | 20 | Candlewood Apartments & Country Villas | $0 | $0 | $0 | $63,104 | $15,776 | $0 | $6,896 | $1,938 | $0 | $0 | N/A | 12/14/2020 | 11/18/2020; 11/19/2020 | N/A | ||
Loan | 21 | El Paseo | $0 | $4,807 | $288,435 | $0 | $14,335 | $0 | $0 | $0 | $529,234 | $0 | Debt Service Reserve; Rent Concession Reserve; Gap Rent Reserve | 1/28/2021 | 10/30/2020 | N/A | ||
Loan | 22 | Olin Technology Administration Center | $0 | $0 | $0 | $21,476 | $4,295 | $0 | $0 | $0 | $0 | $0 | N/A | 1/11/2021 | 11/17/2020 | N/A | ||
Loan | 6 | 23 | North Austin Portfolio | $250,000 | $0 | $250,000 | $60,744 | $30,372 | $6,876 | $3,438 | $0 | $58,184 | $0 | Outstanding TI/LC | ||||
Property | 23.01 | Cold Springs Marketplace | 1/11/2021 | 12/30/2020 | N/A | |||||||||||||
Property | 23.02 | Old Settlers Market | 1/11/2021 | 12/30/2020 | N/A | |||||||||||||
Loan | 18 | 24 | Towne House Village North Owners, Inc. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A | 1/19/2021 | 12/24/2020 | N/A | |
Loan | 25 | 2 Boston Post Road | $0 | $0 | $0 | $55,244 | $13,811 | $6,908 | $3,454 | $0 | $0 | $0 | N/A | 2/2/2021 | 2/3/2021 | N/A | ||
Loan | 6, 7 | 26 | Walgreens Sale-Leaseback Portfolio - NV,FL,TX | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | Springing Excess Cash Flow Reserve; Springing Dark Tenant Reserve | ||||
Property | 26.01 | 2389 East Windmill | 2/22/2021 | 11/3/2020 | N/A | |||||||||||||
Property | 26.02 | 12601 Tech Ridge Boulevard | 2/16/2021 | 12/23/2020 | N/A | |||||||||||||
Property | 26.03 | 850 43rd Avenue Southwest | 2/16/2021 | 1/26/2021 | N/A | |||||||||||||
Loan | 18 | 27 | Valerie Arms Apartment Corp. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A | 1/20/2021 | 1/4/2021 | N/A | |
Loan | 18 | 28 | Blossom Gardens Apartments, Inc. | $0 | $0 | $0 | $143,988 | $47,996 | $0 | $0 | $0 | $75,000 | $0 | Collateral Security Agreement For Capital Improvements | 12/14/2020 | 11/30/2020 | N/A | |
Loan | 29 | Extra Space Storage - Lompoc, CA | $0 | $0 | $0 | $5,138 | $5,138 | $0 | $0 | $0 | $0 | $0 | N/A | 1/26/2021 | 1/13/2021 | N/A | ||
Loan | 30 | A Storage Place – Fort Collins | $0 | $0 | $0 | $0 | $16,429 | $3,292 | $823 | $0 | $0 | $0 | N/A | 1/28/2021 | 1/12/2021 | N/A | ||
Loan | 31 | Foley Cubesmart | $0 | $0 | $0 | $10,270 | $2,054 | $0 | $0 | $0 | $0 | $0 | N/A | 12/18/2020 | 12/11/2020 | N/A | ||
Loan | 32 | Lowe’s Cromwell | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A | 12/3/2020 | 11/24/2020 | N/A | ||
Loan | 6, 21 | 33 | CVS-Walgreens Portfolio | $0 | $857 | $51,440 | $0 | $0 | $140 | $70 | $0 | $0 | $0 | N/A | ||||
Property | 33.01 | Walgreens | 12/5/2020 | 12/7/2020 | N/A | |||||||||||||
Property | 33.02 | CVS | 11/21/2020 | 8/25/2020 | N/A | |||||||||||||
Loan | 34 | Winding Way Apartments | $0 | $0 | $0 | $20,536 | $6,845 | $17,445 | $2,070 | $0 | $0 | $0 | N/A | 12/15/2020 | 12/8/2020 | N/A | ||
Loan | 22 | 35 | Yuba City 99 Self Storage | $0 | $0 | $0 | $13,644 | $6,822 | $8,010 | $1,602 | $3,375 | $750 | $0 | Environmental Reserve | 1/4/2021 | 12/22/2020 | N/A | |
Loan | 36 | Summer Haven MHP | $0 | $0 | $0 | $16,147 | $5,383 | $8,502 | $1,417 | $5,719 | $0 | $0 | N/A | 2/24/2021 | 12/18/2020 | N/A | ||
Loan | 37 | Lockaway Self Storage - Castro Valley, CA | $0 | $0 | $0 | $0 | $9,779 | $0 | $0 | $4,500 | $15,000 | $0 | Sign Reserve | 10/28/2020 | 10/9/2020 | N/A | ||
Loan | 38 | CVS Bartlesville OK | $0 | $0 | $0 | $6,202 | $3,101 | $0 | $0 | $1,875 | $0 | $0 | N/A | 12/21/2020 | 12/8/2020 | N/A | ||
Loan | 39 | WAG - Aurora, CO | $0 | $0 | $0 | $0 | $0 | $410 | $410 | $0 | $0 | $0 | Springing Cash Trap Avoidance Reserve | 1/20/2021 | 12/11/2020 | N/A | ||
Loan | 40 | Woodland Park Self Storage, Sheridan, WY | $0 | $0 | $0 | $0 | $1,729 | $0 | $0 | $31,438 | $0 | $0 | N/A | 12/16/2020 | 12/7/2020 | N/A | ||
Loan | 13 | 41 | Holiday Acres MHP | $0 | $0 | $0 | $6,788 | $1,697 | $11,440 | $1,040 | $17,631 | $0 | $0 | N/A | 1/5/2021 | 12/18/2020 | N/A | |
Loan | 8 | 42 | 52 Ludlow Street | $0 | $0 | $0 | $11,468 | $2,867 | $5,180 | $740 | $0 | $75,966 | $0 | Debt Service Reserve | 1/13/2021 | 1/8/2021 | N/A |
A-1-19
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Upfront TI/LC Reserves | Monthly TI/LC Reserves | TI/LC Reserve Cap | Upfront Tax Reserves | Monthly Tax Reserves | Upfront Insurance Reserves | Monthly Insurance Reserves | Upfront Deferred Maint. Reserve | Initial Other Reserves | Ongoing Other Reserves | Other Reserves Description | Appraisal Report Date | Environmental Phase I Report Date | Environmental Phase II Report Date | |
Loan | 43 | Stuff Ur Storage Henderson, NV | $0 | $0 | $0 | $2,600 | $2,600 | $0 | $0 | $0 | $0 | $0 | N/A | 1/6/2021 | 12/16/2020 | N/A | ||
Loan | 23 | 44 | 16680 Valley View Avenue Data Center | $165,290 | $0 | $0 | $97,827 | $6,067 | $0 | $0 | $0 | $0 | $0 | N/A | 1/6/2021 | 11/19/2020 | N/A | |
Loan | 18 | 45 | Tee-Lex Operating Inc. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1,250,000 | $0 | Collateral Security Agreement For Capital Improvements | 11/30/2020 | 11/20/2020 | N/A | |
Loan | 18 | 46 | 30 Clinton Place Owners, Inc. | $0 | $0 | $0 | $61,592 | $11,130 | $0 | $0 | $0 | $750,000 | $0 | Collateral Security Agreement Re: Balcony Repairs; Collateral Security Agreement For Capital Improvements | 11/18/2020 | 12/9/2020 | N/A | |
Loan | 47 | Gold Creek Apartments | $0 | $0 | $0 | $15,184 | $5,061 | $6,220 | $1,637 | $0 | $0 | $0 | N/A | 12/8/2020 | 12/8/2020 | N/A | ||
Loan | 48 | Storelocal - Coeur d’Alene, ID | $0 | $0 | $0 | $5,832 | $1,458 | $2,104 | $421 | $0 | $0 | $0 | N/A | 12/29/2020 | 12/22/2020 | N/A | ||
Loan | 18 | 49 | Larchmont Gables Apartment Corp. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A | 11/30/2020 | 11/16/2020 | N/A | |
Loan | 13, 18 | 50 | 305 Equities Corp. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $200,000 | $0 | Collateral Security Agreement For Capital Improvements | 1/21/2021 | 1/4/2021 | N/A | |
Loan | 51 | Glenview Mobile Lodge Community | $0 | $0 | $0 | $3,771 | $3,771 | $5,468 | $1,401 | $137,187 | $0 | $0 | N/A | 1/7/2021 | 12/16/2020 | N/A | ||
Loan | 18 | 52 | 511 West 232nd Owners Corp. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A | 1/20/2021 | 1/12/2021 | N/A | |
Loan | 18 | 53 | Shore Lane Arms Owners Corp. | $0 | $0 | $0 | $114,879 | $38,293 | $0 | $0 | $0 | $200,000 | $0 | Collateral Security Agreement Re: Maintenance Arrears | 10/6/2020 | 9/10/2020 | N/A | |
Loan | 8, 13 | 54 | 69 Meserole Avenue | $0 | $0 | $0 | $1,233 | $1,233 | $492 | $492 | $5,875 | $0 | $0 | N/A | 12/16/2020 | 11/9/2020 | N/A | |
Loan | 18 | 55 | 267 W. 89 Owners Corp. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $200,000 | $0 | Collateral Security Agreement For Capital Improvements | 1/10/2021 | 12/3/2020 | N/A | |
Loan | 18 | 56 | 169 Spring Owners Corp. | $0 | $0 | $0 | $146,566 | $36,642 | $0 | $0 | $0 | $300,000 | $0 | Collateral Security Agreement For Capital Improvements | 9/1/2020 | 8/26/2020 | N/A | |
Loan | 18 | 57 | 14 Jay Street Owners Corp. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A | 1/10/2021 | 12/18/2020 | N/A | |
Loan | 18 | 58 | 327-329 4th St. Owners Corp. | $0 | $0 | $0 | $3,498 | $874 | $0 | $0 | $0 | $650,000 | $0 | Collateral Security Agreement For Capital Improvements | 1/15/2021 | 1/7/2021 | N/A | |
Loan | 18 | 59 | 210 Equities Corp. | $0 | $0 | $0 | $67,641 | $22,547 | $0 | $0 | $0 | $0 | $0 | N/A | 12/10/2020 | 11/20/2020 | N/A | |
Loan | 18 | 60 | 39-75 56th Street Owners Corp. | $0 | $0 | $0 | $8,781 | $8,781 | $0 | $0 | $0 | $0 | $0 | N/A | 1/12/2021 | 12/18/2020 | N/A | |
Loan | 61 | Squaw Valley Mobile Home Community | $0 | $0 | $0 | $0 | $99 | $1,581 | $527 | $11,500 | $0 | $0 | N/A | 2/23/2021 | 12/11/2020 | N/A | ||
Loan | 18 | 62 | Woodbury Gardens Redevelopment Company Owners Corp. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $400,000 | $0 | Collateral Security Agreement For Capital Improvements | 11/18/2020 | 11/5/2020 | N/A | |
Loan | 18 | 63 | Parkway Owners Inc. | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A | 2/18/2021 | 2/9/2021 | N/A | |
Loan | 18 | 64 | 91 Tenants Corp. | $0 | $0 | $0 | $12,098 | $6,049 | $0 | $0 | $0 | $0 | $0 | N/A | 2/22/2021 | 2/9/2021 | N/A |
A-1-20
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Engineering Report Date | Seismic Report Date | Seismic Zone (Y/N) | PML % | Cut-off Date Pari Passu Mortgage Debt Balance | Coop - Committed Secondary Debt | Cut-off Date Subord. Mortgage Debt Balance | Total Mortgage Debt Cut-off Date LTV Ratio | Total Mortgage Debt UW NCF DSCR | Total Mortgage Debt UW NOI Debt Yield | Cut-off Date Mezzanine Debt Balance | Total Debt Cut-off Date LTV Ratio | Total Debt UW NCF DSCR | Total Debt UW NOI Debt Yield | Coop - Rental Value |
Loan | 5, 9 | 1 | Pathline Park 9 & 10 | 1/6/2021 | 1/6/2021 | Yes - 4 | Buildings-9%; Parking-10% | $40,000,000 | 51.8% | 3.87x | 10.2% | |||||||
Loan | 5, 10 | 2 | Miami Design District | 2/20/2020 | N/A | No | N/A | $310,000,000 | $100,000,000 | 58.4% | 1.72x | 7.4% | ||||||
Loan | 5, 6, 7, 11 | 3 | Extra Space Rock ‘N Roll Self Storage Portfolio | $18,000,000 | 57.9% | 2.56x | 8.8% | |||||||||||
Property | 3.01 | Houston - Katy Fwy | 12/10/2020 | N/A | No | N/A | ||||||||||||
Property | 3.02 | Santa Maria - Skyway Dr | 12/21/2020 | 1/20/2021 | Yes - 4 | 3.0% | ||||||||||||
Property | 3.03 | Redlands – Alabama St | 12/14/2020 | 1/19/2021 | Yes - 4 | 10.0% | ||||||||||||
Property | 3.04 | Sacramento - Franklin Blvd | 12/29/2020 | 1/20/2021 | Yes - 3 | 3.0% | ||||||||||||
Property | 3.05 | Dallas - Northwest Hwy | 1/21/2021 | N/A | No | N/A | ||||||||||||
Property | 3.06 | Sacramento - 5051 Perry Ave | 12/31/2020 | 1/20/2021 | Yes - 3 | 3.0% | ||||||||||||
Property | 3.07 | Chicago - 95th St | 12/14/2020 | N/A | No | N/A | ||||||||||||
Property | 3.08 | Chicago - West Addison | 12/23/2020 | N/A | No | N/A | ||||||||||||
Property | 3.09 | Tracy - 787 E 11th St | 12/28/2020 | 1/19/2021 | Yes - 3 | 8.0% | ||||||||||||
Property | 3.10 | Tracy - 780 E 11th St | 12/22/2020 | 1/19/2021 | Yes - 3 | 10.0% | ||||||||||||
Property | 3.11 | Fredericksburg - 5219 Plank Rd | 1/5/2021 | N/A | No | N/A | ||||||||||||
Property | 3.12 | North Aurora - Lincolnway | 12/22/2020 | N/A | No | N/A | ||||||||||||
Property | 3.13 | Spring - I-45 North | 12/4/2020 | N/A | No | N/A | ||||||||||||
Property | 3.14 | Chicago - Pulaski Rd | 1/3/2021 | N/A | No | N/A | ||||||||||||
Property | 3.15 | El Paso - Desert Blvd | 12/23/2020 | N/A | No | N/A | ||||||||||||
Property | 3.16 | Mt Pleasant - Bowman Rd | 1/5/2021 | N/A | No | N/A | ||||||||||||
Loan | 5, 8 | 4 | 605 Third Avenue | 10/27/2020 | N/A | No | N/A | $160,000,000 | $78,000,000 | 45.1% | 4.30x | 10.4% | $91,000,000 | 58.4% | 2.58x | 8.0% | ||
Loan | 12 | 5 | 530 Seventh Avenue Fee | 2/3/2021 | N/A | No | N/A | |||||||||||
Loan | 6 | 6 | ExchangeRight Net Leased Portfolio #43 | |||||||||||||||
Property | 6.01 | Lowe’s - Dalton (Cleveland), GA | 1/25/2021 | N/A | No | N/A | ||||||||||||
Property | 6.02 | Natural Grocers - Grand Forks (32nd Avenue), ND | 1/4/2021 | N/A | No | N/A | ||||||||||||
Property | 6.03 | Tractor Supply - Patterson (Rte-311), NY | 11/19/2020 | N/A | No | N/A | ||||||||||||
Property | 6.04 | Walgreens (Grand) - Ames, IA | 11/24/2020 | N/A | No | N/A | ||||||||||||
Property | 6.05 | Walgreens - Baltimore (Liberty), MD | 12/15/2020 | N/A | No | N/A | ||||||||||||
Property | 6.06 | Walgreens - Independence (East 23rd), MO | 12/16/2020 | N/A | No | N/A | ||||||||||||
Property | 6.07 | Fresenius Medical Care - Cary (Stamford), NC | 1/6/2021 | N/A | No | N/A | ||||||||||||
Property | 6.08 | Walgreens - Skokie (Skokie), IL | 1/19/2021 | N/A | No | N/A | ||||||||||||
Property | 6.09 | Tractor Supply - Anderson (Scatterfield), IN | 1/6/2021 | N/A | No | N/A | ||||||||||||
Property | 6.10 | M&T Bank - Rochester (Latta), NY | 1/14/2021 | N/A | No | N/A | ||||||||||||
Property | 6.11 | Fresenius Medical Care - Walker (Walker), LA | 1/11/2021 | N/A | No | N/A | ||||||||||||
Property | 6.12 | Sherwin Williams - Noblesville (Sunny), IN | 1/19/2021 | N/A | No | N/A | ||||||||||||
Property | 6.13 | Sherwin Williams - Bloomington (Gates), IN | 1/4/2021 | N/A | No | N/A | ||||||||||||
Property | 6.14 | Dollar Tree - Midland (Big Spring), TX | 11/24/2020 | N/A | No | N/A | ||||||||||||
Property | 6.15 | Sherwin Williams - Hamilton (Walden), OH | 12/30/2020 | N/A | No | N/A | ||||||||||||
Loan | 5, 6, 7, 11 | 7 | Boca Office Portfolio | $69,300,000 | 63.5% | 2.46x | 10.6% | |||||||||||
Property | 7.01 | Boardwalk @ 18th | 2/20/2020 | N/A | No | N/A | ||||||||||||
Property | 7.02 | Fountains Center | 2/20/2020 | N/A | No | N/A | ||||||||||||
Property | 7.03 | City National Park | 2/20/2020 | N/A | No | N/A | ||||||||||||
Property | 7.04 | Grove Centre | 2/20/2020 | N/A | No | N/A | ||||||||||||
Loan | 8 | Park Del Amo | 1/29/2021 | 1/29/2021 | Yes - 4 | 12.0% | ||||||||||||
Loan | 13 | 9 | Lakeshore Business Center | 12/17/2020 | N/A | No | N/A | |||||||||||
Loan | 6, 7, 13 | 10 | Southern Flexible–Apartment Portfolio | |||||||||||||||
Property | 10.01 | Siegel Suites – San Antonio, TX | 10/30/2020 | N/A | No | N/A | ||||||||||||
Property | 10.02 | Siegel Select – Albuquerque, NM | 10/29/2020 | N/A | No | N/A | ||||||||||||
Property | 10.03 | Siegel Select – Bossier City, LA | 10/29/2020 | N/A | No | N/A | ||||||||||||
Property | 10.04 | Siegel Suites – Holland, OH | 11/10/2020 | N/A | No | N/A | ||||||||||||
Loan | 7, 14, 15 | 11 | 250 Bedford Avenue | 12/10/2020 | N/A | No | N/A | |||||||||||
Loan | 6, 7 | 12 | Lake Region Portfolio | |||||||||||||||
Property | 12.01 | US Storage Centers - Duluth | 3/25/2020 | N/A | No | N/A | ||||||||||||
Property | 12.02 | US Storage Centers - St. Paul | 3/25/2020 | N/A | No | N/A | ||||||||||||
Property | 12.03 | US Storage Centers - Brainerd | 3/24/2020 | N/A | No | N/A | ||||||||||||
Property | 12.04 | US Storage Centers - Pine Tree | 3/25/2020 | N/A | No | N/A | ||||||||||||
Loan | 7 | 13 | Heath Town Center | 12/23/2020 | N/A | No | N/A | |||||||||||
Loan | 5, 7, 16, 17 | 14 | McClellan Park | 9/30/2020 | 9/30/2020 | Yes - 3 | 9.0% | $341,400,000 | 60.2% | 2.90x | 10.5% | |||||||
Loan | 8, 18 | 15 | 111 Fourth Avenue | 12/21/2020 | N/A | No | N/A | N/A | $70,000,000 | |||||||||
Loan | 16 | Extra Space Storage - DC | 12/21/2020 | N/A | No | N/A | ||||||||||||
Loan | 13, 19 | 17 | 12900 I Street | 3/31/2020 | N/A | No | N/A | |||||||||||
Loan | 18 | ASM America HQ | 12/30/2020 | N/A | No | N/A | ||||||||||||
Loan | 20 | 19 | Chapel Lakes | 1/5/2021 | N/A | No | N/A | |||||||||||
Loan | 20 | Candlewood Apartments & Country Villas | 11/18/2020; 11/19/2020 | N/A | No | N/A | ||||||||||||
Loan | 21 | El Paseo | 10/30/2020 | 10/30/2020 | Yes - 4 | 18.0% | ||||||||||||
Loan | 22 | Olin Technology Administration Center | 11/17/2020 | N/A | No | N/A | ||||||||||||
Loan | 6 | 23 | North Austin Portfolio | |||||||||||||||
Property | 23.01 | Cold Springs Marketplace | 12/30/2020 | N/A | No | N/A | ||||||||||||
Property | 23.02 | Old Settlers Market | 12/30/2020 | N/A | No | N/A | ||||||||||||
Loan | 18 | 24 | Towne House Village North Owners, Inc. | 12/24/2020 | N/A | No | N/A | $500,000 | $375,000 | 26.4% | 7.45x | 24.6% | $44,400,000 | |||||
Loan | 25 | 2 Boston Post Road | 2/3/2021 | N/A | No | N/A | ||||||||||||
Loan | 6, 7 | 26 | Walgreens Sale-Leaseback Portfolio - NV,FL,TX | |||||||||||||||
Property | 26.01 | 2389 East Windmill | 2/10/2021 | N/A | No | N/A | ||||||||||||
Property | 26.02 | 12601 Tech Ridge Boulevard | 2/10/2021 | N/A | No | N/A | ||||||||||||
Property | 26.03 | 850 43rd Avenue Southwest | 2/10/2021 | N/A | No | N/A | ||||||||||||
Loan | 18 | 27 | Valerie Arms Apartment Corp. | 1/4/2021 | N/A | No | N/A | $500,000 | 16.3% | 5.29x | 26.9% | $46,000,000 | ||||||
Loan | 18 | 28 | Blossom Gardens Apartments, Inc. | 12/2/2020 | N/A | No | N/A | $500,000 | 12.6% | 5.88x | 26.5% | $40,900,000 | ||||||
Loan | 29 | Extra Space Storage - Lompoc, CA | 1/13/2021 | 1/13/2021 | Yes - 4 | 3% | ||||||||||||
Loan | 30 | A Storage Place – Fort Collins | 1/8/2021 | N/A | No | N/A | ||||||||||||
Loan | 31 | Foley Cubesmart | 12/11/2020 | N/A | No | N/A | ||||||||||||
Loan | 32 | Lowe’s Cromwell | 11/24/2020 | N/A | No | N/A | ||||||||||||
Loan | 6, 21 | 33 | CVS-Walgreens Portfolio | |||||||||||||||
Property | 33.01 | Walgreens | 12/7/2020 | N/A | No | N/A | ||||||||||||
Property | 33.02 | CVS | 12/15/2020 | N/A | No | N/A | ||||||||||||
Loan | 34 | Winding Way Apartments | 12/8/2020 | 12/8/2020 | Yes - 3 | 6.0% | ||||||||||||
Loan | 22 | 35 | Yuba City 99 Self Storage | 12/22/2020 | 12/22/2020 | Yes - 3 | 2.0% | |||||||||||
Loan | 36 | Summer Haven MHP | 12/18/2020 | N/A | No | N/A | ||||||||||||
Loan | 37 | Lockaway Self Storage - Castro Valley, CA | 10/9/2020 | 10/9/2020 | Yes - 4 | 10.0% | ||||||||||||
Loan | 38 | CVS Bartlesville OK | 12/8/2020 | N/A | No | N/A | ||||||||||||
Loan | 39 | WAG - Aurora, CO | 12/15/2020 | N/A | No | N/A | ||||||||||||
Loan | 40 | Woodland Park Self Storage, Sheridan, WY | 12/7/2020 | N/A | No | N/A | ||||||||||||
Loan | 13 | 41 | Holiday Acres MHP | 12/18/2020 | N/A | No | N/A | |||||||||||
Loan | 8 | 42 | 52 Ludlow Street | 1/8/2021 | N/A | No | N/A |
A-1-21
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Engineering Report Date | Seismic Report Date | Seismic Zone (Y/N) | PML % | Cut-off Date Pari Passu Mortgage Debt Balance | Coop - Committed Secondary Debt | Cut-off Date Subord. Mortgage Debt Balance | Total Mortgage Debt Cut-off Date LTV Ratio | Total Mortgage Debt UW NCF DSCR | Total Mortgage Debt UW NOI Debt Yield | Cut-off Date Mezzanine Debt Balance | Total Debt Cut-off Date LTV Ratio | Total Debt UW NCF DSCR | Total Debt UW NOI Debt Yield | Coop - Rental Value |
Loan | 43 | Stuff Ur Storage Henderson, NV | 12/16/2020 | N/A | No | N/A | ||||||||||||
Loan | 23 | 44 | 16680 Valley View Avenue Data Center | 11/19/2020 | 11/17/2020 | Yes - 4 | 15% | |||||||||||
Loan | 18 | 45 | Tee-Lex Operating Inc. | 11/23/2020 | N/A | No | N/A | $250,000 | 9.4% | 8.71x | 28.8% | $22,400,000 | ||||||
Loan | 18 | 46 | 30 Clinton Place Owners, Inc. | 12/11/2020 | N/A | No | N/A | $250,000 | 41.4% | 4.56x | 15.6% | $10,100,000 | ||||||
Loan | 47 | Gold Creek Apartments | 12/8/2020 | 12/8/2020 | Yes - 3 | 6.0% | ||||||||||||
Loan | 48 | Storelocal - Coeur d’Alene, ID | 12/22/2020; 12/23/2020 | N/A | No | N/A | ||||||||||||
Loan | 18 | 49 | Larchmont Gables Apartment Corp. | 11/17/2020 | N/A | No | N/A | $350,000 | 28.1% | 4.46x | 23.0% | $15,400,000 | ||||||
Loan | 13, 18 | 50 | 305 Equities Corp. | 1/4/2021 | N/A | No | N/A | $500,000 | 7.6% | 3.85x | 19.1% | $12,300,000 | ||||||
Loan | 51 | Glenview Mobile Lodge Community | 12/21/2020 | 1/18/2021 | Yes - 4 | 4% | ||||||||||||
Loan | 18 | 52 | 511 West 232nd Owners Corp. | 1/13/2021 | N/A | No | N/A | $500,000 | 17.4% | 6.03x | 30.1% | $14,700,000 | ||||||
Loan | 18 | 53 | Shore Lane Arms Owners Corp. | 9/14/2020 | N/A | No | N/A | $500,000 | 7.2% | 8.20x | 41.9% | $21,000,000 | ||||||
Loan | 8, 13 | 54 | 69 Meserole Avenue | 11/9/2020 | N/A | No | N/A | |||||||||||
Loan | 18 | 55 | 267 W. 89 Owners Corp. | 12/4/2020 | N/A | No | N/A | $500,000 | 6.2% | 12.58x | 42.7% | $20,000,000 | ||||||
Loan | 18 | 56 | 169 Spring Owners Corp. | 8/27/2020 | N/A | No | N/A | $250,000 | 3.6% | 18.79x | 97.5% | $39,400,000 | ||||||
Loan | 18 | 57 | 14 Jay Street Owners Corp. | 12/22/2020 | N/A | No | N/A | N/A | $8,600,000 | |||||||||
Loan | 18 | 58 | 327-329 4th St. Owners Corp. | 1/4/2021 | N/A | No | N/A | N/A | $4,520,000 | |||||||||
Loan | 18 | 59 | 210 Equities Corp. | 11/24/2020 | N/A | No | N/A | $250,000 | 6.5% | 9.67x | 49.5% | $16,900,000 | ||||||
Loan | 18 | 60 | 39-75 56th Street Owners Corp. | 12/22/2020 | N/A | No | N/A | $500,000 | 13.0% | 6.98x | 31.6% | $11,400,000 | ||||||
Loan | 61 | Squaw Valley Mobile Home Community | 12/11/2020 | N/A | No | N/A | ||||||||||||
Loan | 18 | 62 | Woodbury Gardens Redevelopment Company Owners Corp. | 11/10/2020 | N/A | No | N/A | N/A | $99,100,000 | |||||||||
Loan | 18 | 63 | Parkway Owners Inc. | 2/9/2021 | N/A | No | N/A | $300,000 | 18.0% | 3.87x | 40.3% | $9,800,000 | ||||||
Loan | 18 | 64 | 91 Tenants Corp. | 2/11/2021 | N/A | No | N/A | $200,000 | 21.3% | 3.87x | 13.6% | $3,200,000 |
A-1-22
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Coop Units | Coop - Sponsor/ Investor Carry |
Loan | 5, 9 | 1 | Pathline Park 9 & 10 | ||||||
Loan | 5, 10 | 2 | Miami Design District | ||||||
Loan | 5, 6, 7, 11 | 3 | Extra Space Rock ‘N Roll Self Storage Portfolio | ||||||
Property | 3.01 | Houston - Katy Fwy | |||||||
Property | 3.02 | Santa Maria - Skyway Dr | |||||||
Property | 3.03 | Redlands – Alabama St | |||||||
Property | 3.04 | Sacramento - Franklin Blvd | |||||||
Property | 3.05 | Dallas - Northwest Hwy | |||||||
Property | 3.06 | Sacramento - 5051 Perry Ave | |||||||
Property | 3.07 | Chicago - 95th St | |||||||
Property | 3.08 | Chicago - West Addison | |||||||
Property | 3.09 | Tracy - 787 E 11th St | |||||||
Property | 3.10 | Tracy - 780 E 11th St | |||||||
Property | 3.11 | Fredericksburg - 5219 Plank Rd | |||||||
Property | 3.12 | North Aurora - Lincolnway | |||||||
Property | 3.13 | Spring - I-45 North | |||||||
Property | 3.14 | Chicago - Pulaski Rd | |||||||
Property | 3.15 | El Paso - Desert Blvd | |||||||
Property | 3.16 | Mt Pleasant - Bowman Rd | |||||||
Loan | 5, 8 | 4 | 605 Third Avenue | ||||||
Loan | 12 | 5 | 530 Seventh Avenue Fee | ||||||
Loan | 6 | 6 | ExchangeRight Net Leased Portfolio #43 | ||||||
Property | 6.01 | Lowe’s - Dalton (Cleveland), GA | |||||||
Property | 6.02 | Natural Grocers - Grand Forks (32nd Avenue), ND | |||||||
Property | 6.03 | Tractor Supply - Patterson (Rte-311), NY | |||||||
Property | 6.04 | Walgreens (Grand) - Ames, IA | |||||||
Property | 6.05 | Walgreens - Baltimore (Liberty), MD | |||||||
Property | 6.06 | Walgreens - Independence (East 23rd), MO | |||||||
Property | 6.07 | Fresenius Medical Care - Cary (Stamford), NC | |||||||
Property | 6.08 | Walgreens - Skokie (Skokie), IL | |||||||
Property | 6.09 | Tractor Supply - Anderson (Scatterfield), IN | |||||||
Property | 6.10 | M&T Bank - Rochester (Latta), NY | |||||||
Property | 6.11 | Fresenius Medical Care - Walker (Walker), LA | |||||||
Property | 6.12 | Sherwin Williams - Noblesville (Sunny), IN | |||||||
Property | 6.13 | Sherwin Williams - Bloomington (Gates), IN | |||||||
Property | 6.14 | Dollar Tree - Midland (Big Spring), TX | |||||||
Property | 6.15 | Sherwin Williams - Hamilton (Walden), OH | |||||||
Loan | 5, 6, 7, 11 | 7 | Boca Office Portfolio | ||||||
Property | 7.01 | Boardwalk @ 18th | |||||||
Property | 7.02 | Fountains Center | |||||||
Property | 7.03 | City National Park | |||||||
Property | 7.04 | Grove Centre | |||||||
Loan | 8 | Park Del Amo | |||||||
Loan | 13 | 9 | Lakeshore Business Center | ||||||
Loan | 6, 7, 13 | 10 | Southern Flexible–Apartment Portfolio | ||||||
Property | 10.01 | Siegel Suites – San Antonio, TX | |||||||
Property | 10.02 | Siegel Select – Albuquerque, NM | |||||||
Property | 10.03 | Siegel Select – Bossier City, LA | |||||||
Property | 10.04 | Siegel Suites – Holland, OH | |||||||
Loan | 7, 14, 15 | 11 | 250 Bedford Avenue | ||||||
Loan | 6, 7 | 12 | Lake Region Portfolio | ||||||
Property | 12.01 | US Storage Centers - Duluth | |||||||
Property | 12.02 | US Storage Centers - St. Paul | |||||||
Property | 12.03 | US Storage Centers - Brainerd | |||||||
Property | 12.04 | US Storage Centers - Pine Tree | |||||||
Loan | 7 | 13 | Heath Town Center | ||||||
Loan | 5, 7, 16, 17 | 14 | McClellan Park | ||||||
Loan | 8, 18 | 15 | 111 Fourth Avenue | 21.4% | N/A | ||||
Loan | 16 | Extra Space Storage - DC | |||||||
Loan | 13, 19 | 17 | 12900 I Street | ||||||
Loan | 18 | ASM America HQ | |||||||
Loan | 20 | 19 | Chapel Lakes | ||||||
Loan | 20 | Candlewood Apartments & Country Villas | |||||||
Loan | 21 | El Paseo | |||||||
Loan | 22 | Olin Technology Administration Center | |||||||
Loan | 6 | 23 | North Austin Portfolio | ||||||
Property | 23.01 | Cold Springs Marketplace | |||||||
Property | 23.02 | Old Settlers Market | |||||||
Loan | 18 | 24 | Towne House Village North Owners, Inc. | 24.1% | N/A | ||||
Loan | 25 | 2 Boston Post Road | |||||||
Loan | 6, 7 | 26 | Walgreens Sale-Leaseback Portfolio - NV,FL,TX | ||||||
Property | 26.01 | 2389 East Windmill | |||||||
Property | 26.02 | 12601 Tech Ridge Boulevard | |||||||
Property | 26.03 | 850 43rd Avenue Southwest | |||||||
Loan | 18 | 27 | Valerie Arms Apartment Corp. | 19.6% | 3.6% | 9 | $23,152 | ||
Loan | 18 | 28 | Blossom Gardens Apartments, Inc. | 18.3% | 14.1% | 26 | $72,592 | ||
Loan | 29 | Extra Space Storage - Lompoc, CA | |||||||
Loan | 30 | A Storage Place – Fort Collins | |||||||
Loan | 31 | Foley Cubesmart | |||||||
Loan | 32 | Lowe’s Cromwell | |||||||
Loan | 6, 21 | 33 | CVS-Walgreens Portfolio | ||||||
Property | 33.01 | Walgreens | |||||||
Property | 33.02 | CVS | |||||||
Loan | 34 | Winding Way Apartments | |||||||
Loan | 22 | 35 | Yuba City 99 Self Storage | ||||||
Loan | 36 | Summer Haven MHP | |||||||
Loan | 37 | Lockaway Self Storage - Castro Valley, CA | |||||||
Loan | 38 | CVS Bartlesville OK | |||||||
Loan | 39 | WAG - Aurora, CO | |||||||
Loan | 40 | Woodland Park Self Storage, Sheridan, WY | |||||||
Loan | 13 | 41 | Holiday Acres MHP | ||||||
Loan | 8 | 42 | 52 Ludlow Street |
A-1-23
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Coop Units | Coop - Sponsor/ Investor Carry |
Loan | 43 | Stuff Ur Storage Henderson, NV | |||||||
Loan | 23 | 44 | 16680 Valley View Avenue Data Center | ||||||
Loan | 18 | 45 | Tee-Lex Operating Inc. | 17.9% | 10.5% | 10 | $63,833 | ||
Loan | 18 | 46 | 30 Clinton Place Owners, Inc. | 39.6% | 11.8% | 6 | -$8,626 | ||
Loan | 47 | Gold Creek Apartments | |||||||
Loan | 48 | Storelocal - Coeur d’Alene, ID | |||||||
Loan | 18 | 49 | Larchmont Gables Apartment Corp. | 22.0% | N/A | ||||
Loan | 13, 18 | 50 | 305 Equities Corp. | 23.6% | 18.8% | 9 | -$93,450 | ||
Loan | 51 | Glenview Mobile Lodge Community | |||||||
Loan | 18 | 52 | 511 West 232nd Owners Corp. | 17.0% | 27.3% | 18 | $134,150 | ||
Loan | 18 | 53 | Shore Lane Arms Owners Corp. | 11.2% | 9.2% | 9 | $68,649 | ||
Loan | 8, 13 | 54 | 69 Meserole Avenue | ||||||
Loan | 18 | 55 | 267 W. 89 Owners Corp. | 10.0% | 12.5% | 4 | -$46,815 | ||
Loan | 18 | 56 | 169 Spring Owners Corp. | 4.6% | N/A | ||||
Loan | 18 | 57 | 14 Jay Street Owners Corp. | 20.9% | N/A | ||||
Loan | 18 | 58 | 327-329 4th St. Owners Corp. | 35.4% | N/A | ||||
Loan | 18 | 59 | 210 Equities Corp. | 8.9% | 17.9% | 5 | -$14,323 | ||
Loan | 18 | 60 | 39-75 56th Street Owners Corp. | 13.2% | 17.0% | 9 | $61,659 | ||
Loan | 61 | Squaw Valley Mobile Home Community | |||||||
Loan | 18 | 62 | Woodbury Gardens Redevelopment Company Owners Corp. | 1.3% | N/A | ||||
Loan | 18 | 63 | Parkway Owners Inc. | 12.2% | 5.9% | 3 | $14,758 | ||
Loan | 18 | 64 | 91 Tenants Corp. | 31.3% | N/A |
A-1-24
BANK 2021-BNK32 | |
Footnotes to Annex A-1 | |
(1) | MSBNA—Morgan Stanley Bank, N.A.; BANA—Bank of America, National Association; MSMCH—Morgan Stanley Mortgage Capital Holdings LLC; WFB—Wells Fargo Bank, National Association; NCB—National Cooperative Bank, N.A.; NCCB—National Consumer Cooperative Bank. |
(2) | Certain tenants may not be in occupancy or may be in free rent periods. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” in this preliminary prospectus for information regarding the 5 largest tenants at mortgaged properties securing the 15 largest Mortgage Loans which are not in occupancy or are in free rent periods. |
(3) | The Administrative Fee Rate includes the master servicing fee rate, operating advisor fee rate, certificate administrator/trustee fee rate, asset representations reviewer fee rate, primary or sub-servicing servicing fee rate, CREFC® license fee rate and, with respect to any non-serviced mortgage loan, pari passu loan primary servicing fee rate, in each case applicable to the related Mortgage Loan. |
(4) | Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” for information regarding certain lease termination options affecting the 5 largest tenants at mortgaged properties securing the 15 largest Mortgage Loans. |
(5) | With respect to Mortgage Loan No 1. Pathline Park 9 & 10, Mortgage Loan No. 2, Miami Design District, Mortgage Loan No. 3, Extra Space Rock ‘N Roll Self Storage Portfolio, Mortgage Loan No. 4, 605 Third Avenue, Mortgage Loan No. 7, Boca Office Portfolio and Mortgage Loan No. 14, McClellan Park, each such Mortgage Loan is part of a whole loan related to the Issuing Entity. For purposes of the statistical information set forth in this preliminary prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Unit calculations are in each case based on the subject Mortgage Loan together with any related Pari Passu Companion Loan, but (unless otherwise indicated) without regard to any related Subordinate Companion Loan(s). For further information, see “Description of the Mortgage Pool—The Whole Loans—General”, “—The Serviced Pari Passu Whole Loans”, “—The Non-Serviced Pari Passu Whole Loans”, “The Miami Design District Pari Passu-A/B Whole Loan”, “—The 605 Third Avenue Pari Passu-A/B Whole Loan,” and “Pooling and Servicing Agreement” or “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans,” as applicable, in this preliminary prospectus. |
(6) | With respect to Mortgage Loan No. 3, Extra Space Rock ‘N Roll Self Storage Portfolio, Mortgage Loan No. 6, ExchangeRight Net Leased Portfolio #43, Mortgage Loan No. 7, Boca Office Portfolio, Mortgage Loan No. 10, Southern Flexible–Apartment Portfolio, Mortgage Loan No. 12, Lake Region Portfolio, Mortgage Loan No. 23, North Austin Portfolio, Mortgage Loan No. 26, Walgreens Sale-Leaseback Portfolio - NV,FL,TX and Mortgage Loan No. 33, CVS-Walgreens Portfolio, each such Mortgage Loan is secured by multiple properties. For purposes of the statistical information set forth in this preliminary prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Unit calculations are shown on an aggregate basis, and a portion of the Cut-off Date Balance has been allocated to each mortgaged property based on the respective Appraised Values and/or Underwritten NCF, among other methods. |
(7) | With respect to Mortgage Loan No. 3, Extra Space Rock ‘N Roll Self Storage Portfolio, Mortgage Loan No. 7, Boca Office Portfolio, Mortgage Loan No. 10, Southern Flexible–Apartment Portfolio, Mortgage Loan No. 11, 250 Bedford Avenue, Mortgage Loan No. 12, Lake Region Portfolio, Mortgage Loan No. 13, Heath Town Center, Mortgage Loan No. 14, McClellan Park and Mortgage Loan No. 26, Walgreens Sale-Leaseback Portfolio - NV,FL,TX, the related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, or other release conditions in connection with a partial defeasance or prepayment of the related Mortgage Loan. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and “—Releases; Partial Releases; Property Additions” in this preliminary prospectus. |
(8) | With respect to Mortgage Loan No. 4, 605 Third Avenue, Mortgage Loan No. 15, 111 Fourth Avenue and Mortgage Loan No. 54, 69 Meserole Avenue, the related mortgage loan documents permit future subordinate secured financing or mezzanine financing and/or preferred equity generally subject to compliance with certain combined LTV, DSCR and/or Debt Yield tests. See “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness” in this preliminary prospectus. With respect to Mortgage Loan No. 42, 52 Ludlow Street, such Mortgage Loan permits future subordinate unsecured financing, subject to compliance with certain combined LTV, DSCR and/or Debt Yield tests. |
(9) | With respect to Mortgage Loan No. 1, Pathline Park 9 & 10, the Appraised Value represents the Prospective Market Value at Stabilization as of June 1, 2021, which assumes the sole tenant, Proofpoint Inc. (“Proofpoint”), is paying full rent. Proofpoint is currently in a free rent period through and including May 2021, which was reserved for at origination. The appraisal also concluded to a Market Value “as is” of $244,000,000 as of January 12, 2021. The Cut-off Date LTV Ratio and Maturity Date LTV Ratio based on the $244,000,000 appraised value is 53.3%. |
(10) | With respect to Mortgage Loan No. 2, Miami Design District, pursuant to an amendment to the Miami Design District Whole Loan dated April 29, 2020, debt service payments owed for May, June and July 2020 were deferred and are payable on the Maturity Date or earlier repayment in full of the Miami Design District Whole Loan. |
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(11) | With respect to Mortgage Loan No. 3, Extra Space Rock ‘N Roll Self Storage Portfolio, the Appraised Value is the “as is portfolio” appraised value of the Extra Space Rock ‘N Roll Self Storage Portfolio Properties as a whole, which reflects a 6.4% premium over the aggregate of the “as-is” appraised value of the individual properties. The aggregate of the “as-is” appraised values for the individual properties as of January 11, 2021 through January 15, 2021, as applicable, is $175,290,000, which results in a Cut-off Date LTV Ratio and a Maturity Date LTV Ratio of 61.6%.
With respect to Mortgage Loan No. 7, Boca Office Portfolio, the Appraised Value is the “as portfolio” appraised value (inclusive of a portfolio premium of 3.5%). Based on the sum of the “as is” appraised values of $150,700,000, the Cut-off Date LTV Ratio and Maturity Date LTV Ratio are equal to 65.7%.
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(12) | With respect to Mortgage Loan No. 5, 530 Seventh Avenue Fee, the largest tenant (495,245 SF), representing 100% of net rentable SF, is an affiliate of the borrower. |
(13) | With respect to Mortgage Loan No. 9, Lakeshore Business Center, Mortgage Loan No. 17, 12900 I Street, Mortgage Loan No. 41, Holiday Acres MHP and Mortgage Loan No. 54, 69 Meserole Avenue, the first payment date for each Mortgage Loan is May 1, 2021. On the Closing Date, MSMCH will deposit sufficient funds to pay the amount of interest that would be due with respect to an April 1, 2021 payment for each such Mortgage Loan. Seasoning (mos.), Prepayment Provisions (No. of Payments), Original Term to Maturity (mos.), Original Interest-only Period (mos.), First Payment Date, Remaining Term to Maturity (mos.) and Remaining Interest-Only Period (mos.) are inclusive of the additional April 1, 2021 interest-only payment to be funded by MSMCH on the loan securitization Closing Date.
With respect to Mortgage Loan No. 10, Southern Flexible–Apartment Portfolio, the first payment for the Mortgage Loan is May 1, 2021. On the Closing Date, BANA will deposit sufficient funds to pay the amount of interest that would be due with respect to an April 1, 2021 payment. Seasoning, Prepayment Provisions, Original Term to Maturity (Mos.), Original IO Period (Mos.), First Payment Date, Remaining Term to Maturity (Mos.) and Remaining IO Period (Mos.) are inclusive of the additional April 1, 2021 interest-only payment to be funded by BANA on the Closing Date.
With respect to Mortgage Loan No. 50, 305 Equities Corp., the first payment date for the Mortgage Loan is May 1, 2021. On the Closing Date, NCB will deposit sufficient funds to pay the amount of interest that would be due with respect to an April 1, 2021 payment. Seasoning (mos.), Prepayment Provisions, Original Term to Maturity (mos.), Original Interest-only Period (mos.), First Payment Date, Remaining Term to Maturity (mos.) and Remaining Interest-Only Period (mos.) are inclusive of the additional April 1, 2021 interest-only payment funded by NCB on the Closing Date. |
(14) | With respect to Mortgage Loan No. 11, 250 Bedford Avenue, all tenants except for the garage tenant are required to deposit rent directly into the lockbox. The garage unit rent will be required to be deposited by either the borrower or manager within one business day of receipt. |
(15) | With respect to Mortgage Loan No. 11, 250 Bedford Avenue, the seller of the Mortgaged Property did not provide operating statements for the Mortgaged Property, but instead provided real property income and expense statements (“RPIEs”) that were used for tax filing purposes, and accordingly, the historic information set forth on Annex A-1 is based on such seller-provided RPIEs. Expenses set forth in such RPIEs have been excluded from the presentation of historic cash flows. |
(16) | With respect to Mortgage Loan No. 14, McClellan Park, the fourth largest tenant (280,839 SF), representing 4.1% of net rentable SF, is an affiliate of the borrower. |
(17) | With respect to Mortgage Loan No. 14, McClellan Park, the # of Units includes 4,193,496 SF of warehouse and manufacturing, 1,728,393 SF of office, research and commercial, 843,221 SF of airfield, 157,254 SF of multifamily and 3,120 SF of yard space. |
(18) | With respect to Mortgage Loan No. 15, 111 Fourth Avenue and all of the National Cooperative Bank Mortgage Loans (collectively, the “Residential Cooperative Loans”), the borrower is a cooperative housing corporation. No individual or entity (other than the borrower) has recourse obligations with respect to the Residential Cooperative Loans, including pursuant to any guaranty or environmental indemnity. Accordingly, with respect to the Residential Cooperative Loans, no information is presented in the columns labeled Sponsor and Non-Recourse Carveout Guarantor in Annex A-1. In addition, due to the specialized nature of residential housing cooperatives, certain information presented in and shown on Annex A-1 with respect to other Mortgage Loans is not presented with respect to the Residential Cooperative Loans and is, instead, reflected as not applicable (N/A). For example, since residential cooperatives are not-for-profit entities that generally set maintenance fees to cover current expenses and plan for future capital needs and a residential cooperative is generally able to increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves, historical Net Operating Income figures for residential cooperative properties are generally not representative of the cash flow generated by the property if it were operated as a multifamily rental property. Accordingly, the Most Recent NOI, Second Most Recent NOI, Third Most Recent NOI, and the related fields shown on Annex A-1 are not presented on Annex A-1 with respect to the Residential Cooperative Loans . In addition, see “Risk Factors—Risks Relating to the Mortgage Loans—Residential Cooperative Properties Have Special Risks,” as applicable, in this preliminary prospectus. |
(19) | With respect to Mortgage Loan No. 17, 12900 I Street, the largest tenant (495,720 SF), representing 81.6% of net rentable SF, is an affiliate of the borrower. |
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(20) | With respect to Mortgage Loan No. 19, Chapel Lakes, 26.9% of UW Revenues is comprised of other income, which includes ancillary fees, utility reimbursements and other miscellaneous fees. |
(21) | With respect to Mortgage Loan No. 33, CVS-Walgreens Portfolio, the ongoing monthly insurance payments are for the borrower’s flood insurance coverage policy for the Walgreens property. Additional monthly deposits for insurance are suspended for the CVS-Walgreens Portfolio as long as certain conditions set forth in the Mortgage Loan documents are satisfied. |
(22) | With respect to Mortgage Loan No. 35, Yuba City 99 Self Storage, the ongoing monthly insurance payments are for the borrower’s flood insurance coverage policy. Additional monthly deposits for insurance are suspended for the Yuba City 99 Self Storage mortgaged property as long as certain conditions set forth in the Mortgage Loan documents are satisfied. |
(23) | With respect to Mortgage Loan No. 44, 16680 Valley View Avenue Data Center, the sole tenant, Cogent Communications, has a provision in the lease protecting the tenant from any real estate tax increases associated with a sale and reassessment in accordance with California Proposition 13 (“Prop 13 Protection”). The protection lasts for 60 months after the lease commencement date (August 8, 2024), after which the tenant is responsible for reimbursing 100% of real estate tax expenses. The borrower has an option to buy out the Tenant’s Prop 13 Protection, upon the tenant’s consent. The upfront tax reserve includes 120% of the variance between current taxes and estimated reassessed taxes through August 8, 2024. |
A. | “Yield Maintenance Premium” shall mean an amount equal to the greater of the following two amounts: (a) an amount equal to one percent (1%) of the amount prepaid; or (b) an amount equal to: (i) the amount, if any, by which the sum of the present values as of the prepayment date of all unpaid principal and interest payments required hereunder, calculated by discounting such payments from the respective dates each such payment was due hereunder (or, with respect to the payment required on the Open Period Start Date (assuming the outstanding principal balance of the Loan is due on the Open Period Start Date), from the Open Period Start Date) back to the prepayment date at a discount rate equal to the Periodic Treasury Yield (defined below) exceeds the outstanding principal balance of the Loan as of the prepayment date; multiplied by (ii) a fraction whose numerator is the amount prepaid and whose denominator is the outstanding principal balance of the Loan as of the prepayment date. For purposes of the foregoing, “Periodic Treasury Yield” shall mean: (A) the annual yield to maturity of the actively traded non-callable United States Treasury fixed interest rate security (other than any such security which can be surrendered at the option of the holder at face value in payment of federal estate tax or which was issued at a substantial discount) that has a maturity closest to (whether before, on or after) the Open Period Start Date (or if two or more such securities have maturity dates equally close to the Open Period Start Date, the average annual yield to maturity of all such securities), as reported in The Wall Street Journal or other authoritative publication or news retrieval service on the fifth Business Day preceding the prepayment date; divided by (B) twelve (12). Lender’s calculation of the Yield Maintenance Premium, and all component calculations, shall be conclusive and binding on Borrower absent manifest error.
“Open Period Start Date” shall mean the Monthly Payment Date in October, 2030.
“Prepayment Lockout Release Date” shall mean the Monthly Payment Date in March, 2023.
Section 2.7 Prepayments. (a) Except as otherwise provided herein, Borrower shall not have the right to prepay the Loan in whole or in part. At any time on and after the Prepayment Lockout Release Date, Borrower may, provided no Event of Default has occurred and is continuing, voluntarily prepay the Loan in whole, but not in part, on any Business Day upon satisfaction of the following conditions: (i) Borrower shall provide Lender not less than thirty (30) days’ notice (or such shorter period of time if permitted by Lender in its sole discretion) but not more than ninety (90) days’ notice prior to the Business Day upon which prepayment is to be made (the “Prepayment Notice”), which notice shall specify the Business Day on which such prepayment is to occur (the “Prepayment Date”); (ii) if such prepayment is received by Lender on a date other than a Monthly Payment Date, such prepayment shall include interest which would have accrued thereon to the next Monthly Payment Date (such amounts, the “Interest Shortfall”); and (iii) on the Prepayment Date, Borrower shall pay to Lender: (A) if such prepayment occurs prior to the Open Period Start Date, the applicable Yield Maintenance Premium; (B) all other sums, if any, then due and payable under the Note, this Agreement, the Security Instrument and the other Loan Documents; and (C) all reasonable actual out-of-pocket costs and expenses of Lender, if any, incurred in connection with such prepayment, including, without limitation, Lender’s reasonable attorneys’ fees and expenses. Prepayments of principal on the Loan pursuant to this Section 2.7(a) shall be applied on a pro rata and pari passu basis based on the relative principal balance of Note A-1, Note A-2 and Note A-3, to Note A-1, Note A-2 and Note A-3. If any Prepayment Notice is given, the entire Debt will due and payable on the Prepayment Date specified therein; provided, however, prior to the Prepayment Date, Borrower may revoke the Prepayment Notice or postpone the Prepayment Date, in each case, by providing written notice to Lender, provided that Borrower pays all of Lender’s reasonable out-of-pocket costs and expenses incurred in connection with such intended prepayment. |
B. | “Yield Maintenance Amount” shall mean the present value, as of the Repayment Date, of the remaining scheduled payments of interest from the Repayment Date through the Open Prepayment Date determined by discounting such payments at the Discount Rate. “Open Prepayment Date” shall mean June 5, 2030. “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the lesser of (i) the Treasury Rate and (ii) the Swap Rate, each when compounded semi-annually. “Treasury Rate” shall mean the yield the date that is five (5) Business Days prior to the date calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the period ending prior to the Repayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Open Prepayment Date. (In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Treasury Rate.) “Swap Rate” shall mean the yield calculated by the linear interpolation of mid-market swap yields, as reported on Reuters Capital Markets screen 19901 |
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(SEMI-BOND column), with maturities (one longer and one shorter) most nearly approximating the Stated Maturity Date (in the event Reuters Capital Markets screen 19901 is no longer available, Lender shall select a comparable publication to determine such yield). | |
C. | “Yield Maintenance Premium” shall mean an amount equal to (a) the amount, if any, by which the sum of the present values as of the prepayment date of all unpaid principal and interest payments required hereunder, calculated by discounting such payments from the respective dates each such payment was due hereunder (or, with respect to the payment required on the Open Period Start Date (assuming the outstanding principal balance of the Loan is due on the Open Period Start Date), from the Open Period Start Date) back to the prepayment date at a discount rate equal to the Periodic Treasury Yield (defined below) exceeds the outstanding principal balance of the Loan as of the prepayment date, multiplied by (b) a fraction whose numerator is the amount prepaid and whose denominator is the outstanding principal balance of the Loan as of the prepayment date. For purposes of the foregoing, “Periodic Treasury Yield” shall mean (i) the annual yield to maturity of the actively traded non-callable United States Treasury fixed interest rate security (other than any such security which can be surrendered at the option of the holder at face value in payment of federal estate tax or which was issued at a substantial discount) that has a maturity closest to (whether before, on or after) the Open Period Start Date (or if two or more such securities have maturity dates equally close to the Open Period Start Date, the average annual yield to maturity of all such securities), as reported in The Wall Street Journal or other authoritative publication or news retrieval service on the fifth (5th) Business Day preceding the prepayment date, divided by (ii) 12. Lender’s calculation of the Yield Maintenance Premium, and all component calculations, shall be conclusive and binding on Borrower absent manifest error.
Section 2.7 Prepayments
Except as otherwise provided herein, Borrower shall not have the right to prepay the Loan in whole or in part
2.7 (a)(i) Borrower may, at its option and upon thirty (30) days prior notice to Lender (or such shorter period of time as may be permitted by Lender in its sole discretion), prepay the Debt in whole on any Business Day, provided, that if such payment is made on or prior to May 11, 2030 ( (the “Open Period Start Date”), such payment must be accompanied by the payment of the Yield Maintenance Premium. Any prepayment received by Lender on a date other than a Monthly Payment Date shall include interest which would have accrued thereon to the next Monthly Payment Date (such amounts, the “Interest Shortfall”). |
D. | Section 2.7 Prepayments. (a) Prepayment. Except as otherwise provided herein, Borrower shall not have the right to prepay the Loan in whole or in part. On and after the Open Period Start Date, Borrower may, provided no Event of Default has occurred and is continuing, at its option and upon 15 Business Days’ prior notice to Lender (or such shorter period of time as may be permitted by Lender in its sole but reasonable discretion), prepay the Debt in whole (but not in part) on any Business Day without payment of the Yield Maintenance Premium; provided Borrower shall pay to Lender on such prepayment date any applicable Interest Shortfall in addition to the outstanding principal balance, all accrued and unpaid interest and other amounts payable under the Loan Documents.
(d) Prepayments Prior to Open Period Start Date. Subject to Section 2.7(c), on and after the Lockout Release Date, through but not including the Open Period Start Date, Borrower may, at its option and upon at least thirty (30) days’ (and no greater than ninety (90) days’) prior notice to Lender (which notice shall specify the proposed prepayment date), prepay the Debt in whole (but not in part), on any date, provided that such prepayment shall be accompanied by (i) the Yield Maintenance Premium, (ii) Interest Shortfall, (iii) the outstanding principal balance, (iv) all accrued and unpaid interest and (v) other amounts payable under the Loan Documents. If a notice of prepayment is given by Borrower to Lender pursuant to this Section 2.7(d), the amount designated for prepayment and all other sums required under this Section 2.7(d) shall be due and payable on the proposed prepayment date.
“Yield Maintenance Premium” shall mean an amount equal to the greater of: (a) an amount equal to the Applicable Percentage of the amount prepaid; or (b) an amount equal to (i) the amount, if any, by which the sum of the present values as of the prepayment date of all unpaid principal and interest payments required hereunder, calculated by discounting such payments from the respective dates each such payment was due hereunder (or, with respect to the payment required on the Open Period Start Date (assuming the outstanding principal balance of the Loan is due on the Open Period Start Date), from the Open Period Start Date) back to the prepayment date at a discount rate equal to the Periodic Treasury Yield (defined below) exceeds the outstanding principal balance of the Loan as of the prepayment date, multiplied by (ii) a fraction whose numerator is the amount prepaid and whose denominator is the outstanding principal balance of the Loan as of the prepayment date. For purposes of the foregoing, “Periodic Treasury Yield” shall mean (y) the annual yield to maturity of the actively traded non-callable United States Treasury fixed interest rate security (other than any such security which can be surrendered at the option of the holder at face value in payment of federal estate tax or which was issued at a substantial discount) that has a maturity closest to (whether before, on or after) the Open Period Start Date (or if two or more such securities have maturity dates equally close to the Open Period Start Date, the average annual yield to maturity of all such securities), as reported in The Wall Street Journal or other authoritative publication or news retrieval service on the fifth Business Day preceding the prepayment date, divided by (z) 12. Lender’s calculation of the Yield Maintenance Premium, and all component calculations, shall be conclusive and binding on Borrower absent manifest error. |
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“Applicable Percentage” shall mean, as applicable, (i) in connection with any prepayment made pursuant to Section 2.7(d) hereof and provided that no Event of Default then exists, 1%, or (ii) in connection with any other prepayment of the Debt, 3%.
“Open Period Start Date” shall mean the Monthly Payment Date occurring 3 months prior to the Maturity Date.
“Maturity Date” shall mean February 11, 2031, or such other date on which the final payment of principal of the Note becomes due and payable, whether at such stated maturity date, by declaration of acceleration, or otherwise. | |
E. | “Yield Maintenance Premium” is equal to the greater of: (A) One percent (1%) of the amount of principal being prepaid; or (B) The product obtained by multiplying: (1) the amount of principal being prepaid, by (2) the difference obtained by subtracting from the Interest Rate the Yield Rate (as defined below), on the twenty-fifth Business Day preceding (x) the Noticed Prepayment Date, or (y) the date Payee accelerates the indebtedness or, except with respect to a Casualty Prepayment (as to which no Prepayment Premium will be payable), otherwise accepts a prepayment by reason of Payee’s application of any collateral or other security to the repayment of any portion of the unpaid principal balance prior to the Maturity Date and in the absence of acceleration, by (3) the present value factor calculated using the following formula:
(1 - (1 + r)^(-n/12)) / r |
F. | “Yield Maintenance Premium” shall mean an amount equal to the greater of the following two amounts: (a) an amount equal to the Applicable Percentage of the amount prepaid; or (b) an amount equal to (i) the amount, if any, by which the sum of the present values as of the prepayment date of all unpaid principal and interest payments required hereunder, calculated by discounting such payments from the respective dates each such payment was due hereunder (or, with respect to the payment required on the Open Period Start Date (assuming the outstanding principal balance of the Loan is due on the Open Period Start Date), from the Open Period Start Date) back to the prepayment date at a discount rate equal to the Periodic Treasury Yield (defined below) exceeds the outstanding principal balance of the Loan as of the prepayment date, multiplied by (ii) a fraction whose numerator is the amount prepaid and whose denominator is the outstanding principal balance of the Loan as of the prepayment date. For purposes of the foregoing, “Periodic Treasury Yield” shall mean (y) the annual yield to maturity of the actively traded non-callable United States Treasury fixed interest rate security (other than any such security which can be surrendered at the option of the holder at face value in payment of federal estate tax or which was issued at a substantial discount) that has a maturity closest to (whether before, on or after) the Open Period Start Date (or if two or more such securities have maturity dates equally close to the Open Period Start Date, the average annual yield to maturity of all such securities), as reported in The Wall Street Journal or other authoritative publication or news retrieval service on the fifth Business Day preceding the prepayment date, divided by (z) 12. Lender’s calculation of the Yield Maintenance Premium, and all component calculations, shall be conclusive and binding on Borrower absent manifest error. Section 2.7 Prepayments. (a) Voluntary Prepayments. Except as otherwise provided herein, Borrower shall not have the right to prepay the Loan in whole or in part. On and after December 11, 2030 (the “Open Period Start Date”), Borrower may, provided no Event of Default has occurred and is continuing, at its option and upon thirty (30) days prior notice to Lender (or such shorter period of time as may be permitted by Lender in its sole discretion), prepay the Debt in whole on any date without payment of the Yield Maintenance Premium. Any prepayment received by Lender on a date other than a Monthly Payment Date shall include interest which would have accrued thereon to the next Monthly Payment Date (such amounts, the “Interest Shortfall”). (d) Prepayments Prior to Open Period Start Date. Subject to Section 2.7(c), on and after the Permitted Prepayment Date, through but not including the Open Period Start Date, Borrower may, at its option and upon at least thirty (30) days’ (and no greater than ninety (90) days’) prior notice to Lender (which notice shall specify the proposed prepayment date), prepay the Debt in whole (but not in part), on any date, provided that such prepayment shall be accompanied by (i) the Yield Maintenance Premium, (ii) Interest Shortfall, (iii) the outstanding principal balance, (iv) all accrued and unpaid interest and (v) other amounts payable under the |
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Loan Documents. If a notice of prepayment is given by Borrower to Lender pursuant to this Section 2.7(d), the amount designated for prepayment and all other sums required under this Section 2.7(d) shall be due and payable on the proposed prepayment date.
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“Permitted Prepayment Date” shall mean April 11, 2025.
“Open Period Start Date” shall have the meaning set forth in Section 2.7(a) hereof.
“Applicable Percentage” shall mean, as applicable, (i) in connection with any prepayment made pursuant to Section 2.7(d) hereof and provided that no Event of Default then exists, 1%, or (ii) in connection with any other prepayment of the Debt, 3%. | |
G. | “Yield Maintenance Premium” shall mean an amount equal to the greater of: (x) one percent (1 %) of the principal amount of this Note being prepaid or (y) the present value as of the Prepayment Date (defined below) of the Calculated Payments (defined below) from the Prepayment Date through the Maturity Date determined by discounting such payments at the Discount Rate (defined below). As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of this Note being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (1) the Applicable Interest Rate and (2) the Yield Maintenance Treasury Rate (defined below). As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating theMaturity Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. |
H. | “Yield Maintenance Premium” shall mean an amount equal to the greater of: (x) one percent (1 %) of the principal amount of this Note being prepaid or (y) the present value as of the Prepayment Date (defined below) of the Calculated Payments (defined below) from the Prepayment Date through the Maturity Date determined by discounting such payments at the Discount Rate (defined below). As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments’’ shall mean the monthly payments of interest only which would be due based on the principal amount of this Note being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (1) the Applicable Interest Rate and (2) the Yield Maintenance Treasury Rate (defined below). As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Maturity Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. |
I. | “Yield Maintenance” shall mean an amount equal to the greater of (i) one percent (1 %) of the principal amount of the Loan being prepaid, and (ii) the present value as of the Prepayment Calculation Date of a series of monthly payments over the remaining term of the Loan through and including the Maturity Date each equal to the amount of interest which would be due on the principal amount of the Loan being prepaid assuming a per annum interest rate equal to the excess of the Interest Rate over the Reinvestment Yield, and discounted at the Reinvestment Yield. As used herein, “Reinvestment Yield” means the yield calculated by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading “U.S. government securities” and the sub-heading “Treasury constant maturities” for the week ending prior to the date of prepayment, of the U.S. Treasury constant maturities with maturity dates (one longer and one equal to or shorter) most nearly approximating the Maturity Date, and converted to a monthly compounded nominal yield. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Reinvestment Yield. The “Prepayment Calculation Date” shall mean, as applicable, the Payment Date on which Lender applies any prepayment to the reduction of the outstanding principal amount of the Note. Lender’s calculation of Yield Maintenance shall be conclusive and binding absent manifest error. |
J. | “Yield Maintenance” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Loan being prepaid, and (ii) the present value as of the Prepayment Calculation Date of a series of monthly payments over the remaining term of the Loan through and including the Maturity Date each equal to the amount of interest which would be due on the principal amount of the Loan being prepaid assuming a per annum interest rate equal to the excess of the Interest Rate over the Reinvestment Yield, and discounted at the Reinvestment Yield. As used herein, “Reinvestment Yield” means the yield calculated by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading “U.S. government securities” and the sub-heading “Treasury constant maturities” for the week ending prior to the date of prepayment, of the U.S. Treasury constant maturities with maturity dates (one longer and one equal to or shorter) most nearly approximating the Maturity Date, and converted to a monthly compounded nominal yield. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Reinvestment Yield. The “Prepayment Calculation Date” shall mean, as applicable, the Payment Date on which Lender applies any prepayment to the reduction of the outstanding principal amount of the Note. Lender’s calculation of Yield Maintenance shall be conclusive and binding absent manifest error. |
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