FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-206677-21 | ||
WFCM 2017-C42 Disclaimer
STATEMENT REGARDING THIS FREE WRITING PROSPECTUS The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (’’SEC’’) (SEC File No. 333-206677) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com.
Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time.
STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of Wells Fargo Securities, LLC, Barclays Capital Inc., Academy Securities, Inc., or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.
This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.
Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A. Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC are distinct entities from affiliated banks and thrifts.
IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES The information herein is preliminary and may be supplemented or amended prior to the time of sale.
In addition, the Offered Certificates referred to in these materials and the asset pool backing them are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined, or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis.
The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials.
The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.
IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.
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ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | Cross Collateralized and Cross Defaulted Loan Flag | Address | City | State | Zip Code | General Property Type | Specific Property Type | Year Built | Year Renovated | Number of Units(2) | Unit of Measure(2) | Cut-off Date Balance Per Unit/SF(2)(6)(7) | Original Balance ($) |
1 | One Ally Center | SMF II | 500 Woodward Avenue | Detroit | MI | 48226 | Office | CBD | 1992 | 976,095 | Sq. Ft. | 105 | 70,000,000 | ||
2 | 16 Court Street | Barclays | 16 Court Street | Brooklyn | NY | 11241 | Office | CBD | 1928 | 2016 | 325,510 | Sq. Ft. | 341 | 66,600,000 | |
3 | Logan Town Center | RMF | 150 Falon Lane | Altoona | PA | 16602 | Retail | Anchored | 2006 | 2012 | 715,791 | Sq. Ft. | 108 | 55,000,000 | |
4 | One Century Place | Barclays | 26 Century Boulevard | Nashville | TN | 37214 | Office | Suburban | 1991 | 2016 | 538,792 | Sq. Ft. | 123 | 44,000,000 | |
5 | Moffett Towers II - Building 2 | Barclays | 905 11th Avenue | Sunnyvale | CA | 94089 | Office | Suburban | 2017 | 362,563 | Sq. Ft. | 455 | 40,000,000 | ||
6 | 1601 Bronxdale Avenue | WFB | 1601 Bronxdale Avenue | Bronx | NY | 10462 | Mixed Use | Industrial/Office | 1949 | 2008 | 304,425 | Sq. Ft. | 115 | 35,000,000 | |
7 | Bass Pro & Cabela’s Portfolio | WFB | Various | Various | Various | Various | Retail | Single Tenant | Various | 1,896,527 | Sq. Ft. | 103 | 34,970,000 | ||
7.01 | Cabela’s Rogers | WFB | 20200 Rogers Drive | Rogers | MN | 55374 | Retail | Single Tenant | 2005 | 186,379 | Sq. Ft. | 3,714,105 | |||
7.02 | Cabela’s Lone Tree | WFB | 10670 Cabela Drive | Lone Tree | CO | 80124 | Retail | Single Tenant | 2013 | 108,077 | Sq. Ft. | 3,157,886 | |||
7.03 | Bass Pro San Antonio | WFB | 17907 IH-10 West | San Antonio | TX | 78257 | Retail | Single Tenant | 2006 | 184,656 | Sq. Ft. | 3,086,116 | |||
7.04 | Cabela’s Allen | WFB | 1 Cabela Drive | Allen | TX | 75002 | Retail | Single Tenant | 2010 | 107,329 | Sq. Ft. | 3,032,288 | |||
7.05 | Cabela’s Lehi | WFB | 2502 West Cabela’s Boulevard | Lehi | UT | 84043 | Retail | Single Tenant | 2006 | 169,713 | Sq. Ft. | 2,763,150 | |||
7.06 | Bass Pro Tampa | WFB | 10501 Palm River Road | Tampa | FL | 33619 | Retail | Single Tenant | 2015 | 132,734 | Sq. Ft. | 2,601,668 | |||
7.07 | Cabela’s Hammond | WFB | 7700 Cabela Drive | Hammond | IN | 46324 | Retail | Single Tenant | 2007 | 188,745 | Sq. Ft. | 2,332,529 | |||
7.08 | Bass Pro Round Rock | WFB | 200 Bass Pro Drive | Round Rock | TX | 78665 | Retail | Single Tenant | 2014 | 120,763 | Sq. Ft. | 2,260,759 | |||
7.09 | Cabela’s Fort Mill | WFB | 1000 Cabelas Drive | Fort Mill | SC | 29708 | Retail | Single Tenant | 2014 | 104,476 | Sq. Ft. | 2,099,277 | |||
7.1 | Cabela’s Wichita | WFB | 2427 North Greenwich Road | Wichita | KS | 67226 | Retail | Single Tenant | 2011 | 80,699 | Sq. Ft. | 1,883,966 | |||
7.11 | Cabela’s Owatonna | WFB | 3900 Cabela Drive | Owatonna | MN | 55060 | Retail | Single Tenant | 1997 | 161,987 | Sq. Ft. | 1,722,483 | |||
7.12 | Cabela’s Centerville | WFB | 5500 Cornerstone North Boulevard | Centerville | OH | 45440 | Retail | Single Tenant | 2016 | 71,872 | Sq. Ft. | 1,596,886 | |||
7.13 | Cabela’s Huntsville | WFB | 7090 Cabela Drive Northwest | Huntsville | AL | 35806 | Retail | Single Tenant | 2016 | 82,443 | Sq. Ft. | 1,489,230 | |||
7.14 | Bass Pro Port St. Lucie | WFB | 2250 Southwest Gatlin Boulevard | Port St. Lucie | FL | 34953 | Retail | Single Tenant | 2013 | 86,637 | Sq. Ft. | 1,381,575 | |||
7.15 | Cabela’s Waco | WFB | 2700 Market Place Drive | Waco | TX | 76711 | Retail | Single Tenant | 2013 | 43,263 | Sq. Ft. | 1,076,552 | |||
7.16 | Cabela’s East Grand Forks | WFB | 210 Demers Avenue | East Grand Forks | MN | 56721 | Retail | Single Tenant | 1999 | 66,754 | Sq. Ft. | 771,529 | |||
8 | 150 West Jefferson | SMF II | 150 West Jefferson Avenue | Detroit | MI | 48226 | Office | CBD | 1989 | 489,786 | Sq. Ft. | 138 | 32,500,000 | ||
9 | Hilton Dallas Rockwall | SMF II | 2055 Summer Lee Drive | Rockwall | TX | 75032 | Hospitality | Full Service | 2008 | 2017 | 231 | Rooms | 131,818 | 30,450,000 | |
10 | Lennar Corporate Center | SMF II | 700-790 NW 107th Avenue | Miami | FL | 33172 | Office | CBD | 1987 | 289,986 | Sq. Ft. | 99 | 28,600,000 | ||
11 | Courtyard Los Angeles Sherman Oaks | WFB | 15433 Ventura Boulevard | Sherman Oaks | CA | 91403 | Hospitality | Full Service | 1968 | 2017 | 213 | Rooms | 258,216 | 27,000,000 | |
12 | Lakeside Shopping Center | Barclays | 3301 Veterans Memorial Boulevard | Metairie | LA | 70002 | Retail | Super Regional Mall | 1960 | 2008 | 1,211,349 | Sq. Ft. | 144 | 25,000,000 | |
13 | Laguna Cliffs Marriott | WFB | 25135 Park Lantern | Dana Point | CA | 92629 | Hospitality | Full Service | 1987 | 2010 | 378 | Rooms | 291,005 | 25,000,000 | |
14 | One Lakeshore Center | WFB | 3281 East Guasti Road; 3450 North Centre Lake Drive | Ontario | CA | 91761 | Office | Suburban | 1990 | 176,813 | Sq. Ft. | 135 | 23,950,000 | ||
15 | River Park I | SMF II | 1000 River Road | Conshohocken | PA | 19428 | Office | Suburban | 1950 | 1999 | 167,663 | Sq. Ft. | 121 | 20,300,000 | |
16 | Marriott Courtyard Downtown Reno | WFB | One Ballpark Lane | Reno | NV | 89501 | Hospitality | Limited Service | 2016 | 135 | Rooms | 147,957 | 20,000,000 | ||
17 | Hidden Valley Office Park | Barclays | 1750 112th Avenue North East | Bellevue | WA | 98004 | Office | Suburban | 1979 | 122,032 | Sq. Ft. | 152 | 18,500,000 | ||
18 | One Cleveland Center | RMF | 1375 East 9th Street | Cleveland | OH | 44114 | Office | CBD | 1983 | 2010 | 544,245 | Sq. Ft. | 105 | 18,000,000 | |
19 | Foothills Plaza | Barclays | 1450-1470 Horizon Ridge | Henderson | NV | 89012 | Retail | Anchored | 2001 | 117,914 | Sq. Ft. | 146 | 17,200,000 | ||
20 | West College Center | Barclays | 1001 & 1211 West College Avenue | Santa Rosa | CA | 95401 | Retail | Anchored | 1973 | 1988 | 153,757 | Sq. Ft. | 95 | 14,600,000 | |
21 | Hampton Plaza | Barclays | 2864 Wilma Rudolph Boulevard | Clarksville | TN | 37040 | Retail | Shadow Anchored | 1986 | 2016 | 124,260 | Sq. Ft. | 106 | 13,181,250 | |
22 | Marriott Courtyard Wilkes | WFB | 879 Schechter Drive | Wilkes-Barre | PA | 18702 | Hospitality | Limited Service | 2014 | 106 | Rooms | 94,340 | 10,000,000 | ||
23 | Pangea 18 | SMF II | Various | Various | IL | Various | Multifamily | Low Rise | Various | 2016 | 191 | Units | 44,503 | 8,500,000 | |
23.01 | 5328 West Harrison Street | SMF II | 5328 West Harrison Street | Chicago | IL | 60644 | Multifamily | Low Rise | 1930 | 2016 | 26 | Units | 1,113,885 | ||
23.02 | 7754 South Loomis Boulevard | SMF II | 7754 South Loomis Boulevard | Chicago | IL | 60620 | Multifamily | Low Rise | 1926 | 2016 | 22 | Units | 981,279 | ||
23.03 | 7800 South Morgan Street | SMF II | 7800 South Morgan Street | Chicago | IL | 60620 | Multifamily | Low Rise | 1930 | 2016 | 25 | Units | 981,279 | ||
23.04 | 404 School Street | SMF II | 404 School Street | Maywood | IL | 60153 | Multifamily | Low Rise | 1927 | 2016 | 20 | Units | 901,716 | ||
23.05 | 7701 South Ashland Avenue | SMF II | 7701 South Ashland Avenue | Chicago | IL | 60620 | Multifamily | Low Rise | 1929 | 2016 | 20 | Units | 795,632 | ||
23.06 | 6748 South Blackstone Avenue | SMF II | 6748 South Blackstone Avenue | Chicago | IL | 60637 | Multifamily | Low Rise | 1930 | 2016 | 16 | Units | 769,111 | ||
23.07 | 5749 West Chicago Avenue | SMF II | 5749 West Chicago Avenue | Chicago | IL | 60651 | Multifamily | Low Rise | 1930 | 2016 | 12 | Units | 689,548 | ||
23.08 | 10901 South Vernon Avenue | SMF II | 10901 South Vernon Avenue | Chicago | IL | 60628 | Multifamily | Low Rise | 1930 | 2016 | 15 | Units | 663,027 | ||
23.09 | 702 North Waller Avenue | SMF II | 702 North Waller Avenue | Chicago | IL | 60644 | Multifamily | Low Rise | 1929 | 2016 | 8 | Units | 318,253 | ||
23.1 | 7034 South Claremont Avenue | SMF II | 7034 South Claremont Avenue | Chicago | IL | 60636 | Multifamily | Low Rise | 1930 | 2016 | 6 | Units | 318,253 | ||
23.11 | 7927 South Ellis Avenue | SMF II | 7927 South Ellis Avenue | Chicago | IL | 60619 | Multifamily | Low Rise | 1959 | 2016 | 8 | Units | 291,732 | ||
23.12 | 2100 South Kildare Avenue | SMF II | 2100 South Kildare Avenue | Chicago | IL | 60623 | Multifamily | Low Rise | 1929 | 2016 | 7 | Units | 278,471 | ||
23.13 | 7823 South Euclid Avenue | SMF II | 7823 South Euclid Avenue | Chicago | IL | 60649 | Multifamily | Low Rise | 1930 | 2016 | 3 | Units | 198,908 | ||
23.14 | 7938 South Hermitage Avenue | SMF II | 7938 South Hermitage Avenue | Chicago | IL | 60620 | Multifamily | Low Rise | 1930 | 2016 | 3 | Units | 198,908 | ||
24 | Home2 Suites Little Rock West | WFB | 2710 South Shackleford Road | Little Rock | AR | 72205 | Hospitality | Limited Service | 2015 | 93 | Rooms | 89,247 | 8,300,000 | ||
25 | Rite Aid Long Beach | SMF II | 4525 East Pacific Coast Highway | Long Beach | CA | 90804 | Retail | Single Tenant | 2017 | 14,450 | Sq. Ft. | 567 | 8,200,000 | ||
26 | 55 West 19th Street | WFB | 55 West 19th Street | New York | NY | 10011 | Mixed Use | Office/Retail | 1925 | 2012 | 9,250 | Sq. Ft. | 778 | 7,200,000 | |
27 | Bond Street Advisors Retail Portfolio | Barclays | Various | Various | Various | Various | Retail | Unanchored | Various | 20,226 | Sq. Ft. | 287 | 5,800,000 | ||
27.01 | Stampede Crossing | Barclays | 3341 Regent Boulevard | Irving | TX | 75063 | Retail | Unanchored | 2016 | 13,246 | Sq. Ft. | 3,864,362 | |||
27.02 | Village at Sandhill | Barclays | 718 Fashion Drive | Columbia | SC | 29229 | Retail | Unanchored | 2017 | 6,980 | Sq. Ft. | 1,935,638 | |||
28 | Melville Corporate Plaza | WFB | 25 Melville Park Road | Melville | NY | 11747 | Office | Suburban | 1966 | 1986 | 98,624 | Sq. Ft. | 55 | 5,425,000 | |
29 | Security Self Storage - Napa | WFB | 215 Walnut Street | Napa | CA | 94559 | Self Storage | Self Storage | 1983 | 36,576 | Sq. Ft. | 142 | 5,200,000 | ||
30 | The Delta Luxury Apartments | RMF | 7801 Merrick Road | Rome | NY | 13440 | Multifamily | Garden | 2015 | 31 | Units | 153,226 | 4,750,000 | ||
31 | Weeksville Crossing | SMF II | 1805 Weeksville Road | Elizabeth City | NC | 27909 | Retail | Anchored | 2007 | 40,928 | Sq. Ft. | 115 | 4,700,000 | ||
32 | Chase Bank & Whataburger - Houston | RMF | 8534 and 8536 TX-6 North | Houston | TX | 77095 | Other | Leased Fee | 1998 | 2014 | 7,461 | Sq. Ft. | 496 | 3,700,000 | |
33 | 421 Germantown Pike | SMF II | 421 West Germantown Pike | Plymouth Meeting | PA | 19462 | Retail | Unanchored | 1970 | 9,773 | Sq. Ft. | 363 | 3,550,000 | ||
34 | Parkway MHC | SMF II | 9355 South 480 West Street | Sandy | UT | 84070 | Manufactured Housing Community | Manufactured Housing Community | 1974 | 2017 | 72 | Pads | 47,163 | 3,400,000 | |
35 | Rite Aid Holland | RMF | 7225 Airport Highway | Holland | OH | 43528 | Retail | Single Tenant | 2007 | 14,564 | Sq. Ft. | 179 | 2,600,000 | ||
36 | Collins MHC & Underwood Estates | SMF II | 53 Main Mill Street & Underwood Avenue | Plattsburgh | NY | 12901 | Manufactured Housing Community | Manufactured Housing Community | 1970 | 107 | Pads | 21,003 | 2,250,000 | ||
37 | Country Side Plaza | WFB | 40000 & 40070 Hayes Road | Clinton Township | MI | 48038 | Retail | Unanchored | 1978 | 1984 | 21,850 | Sq. Ft. | 65 | 1,450,000 |
A-1-1
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | Cut-off Date Balance ($) | % of Aggregate Cut-off Date Balance | Maturity Date or ARD Balloon Payment ($) | ARD Loan | Origination Date | First Pay Date | Last IO Pay Date | First P&I Pay Date | Maturity Date or Anticipated Repayment Date | ARD Loan Maturity Date | Gross Mortgage Rate | Trust Advisor Fee | Certificate Administrator Fee Rate | Servicing Fee | CREFC® IP Royalty License Fee Rate | Asset Representations Reviewer Fee Rate | Net Mortgage Rate | Interest Accrual Method | Monthly P&I Payment ($) |
1 | One Ally Center | SMF II | 70,000,000 | 9.4% | 70,000,000 | N | 11/20/2017 | 1/6/2018 | 12/6/2027 | 12/6/2027 | 4.51600% | 0.00302% | 0.00940% | 0.05250% | 0.00050% | 0.00040% | 4.45018% | Actual/360 | 267,092.13 | ||
2 | 16 Court Street | Barclays | 66,600,000 | 8.9% | 66,600,000 | N | 10/10/2017 | 12/1/2017 | 11/1/2027 | 11/1/2027 | 4.17100% | 0.00308% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.15262% | Actual/360 | 234,705.65 | ||
3 | Logan Town Center | RMF | 55,000,000 | 7.4% | 50,424,654 | N | 11/8/2017 | 12/6/2017 | 11/6/2022 | 12/6/2022 | 11/6/2027 | 4.62000% | 0.00331% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.60139% | Actual/360 | 282,612.17 | |
4 | One Century Place | Barclays | 44,000,000 | 5.9% | 44,000,000 | N | 10/19/2017 | 12/6/2017 | 11/6/2027 | 11/6/2027 | 3.79000% | 0.00365% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 3.77105% | Actual/360 | 140,896.76 | ||
5 | Moffett Towers II - Building 2 | Barclays | 40,000,000 | 5.4% | 36,060,933 | N | 11/16/2017 | 1/6/2018 | 12/6/2022 | 1/6/2023 | 12/6/2027 | 3.61890% | 0.00000% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 3.60360% | Actual/360 | 182,283.21 | |
6 | 1601 Bronxdale Avenue | WFB | 35,000,000 | 4.7% | 35,000,000 | N | 11/17/2017 | 1/11/2018 | 12/11/2027 | 12/11/2027 | 4.50000% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.48275% | Actual/360 | 133,072.92 | ||
7 | Bass Pro & Cabela’s Portfolio | WFB | 34,970,000 | 4.7% | 34,970,000 | N | 9/25/2017 | 11/6/2017 | 10/6/2027 | 10/6/2027 | 4.37900% | 0.00000% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.36370% | Actual/360 | 129,383.74 | ||
7.01 | Cabela’s Rogers | WFB | 3,714,105 | 0.5% | |||||||||||||||||
7.02 | Cabela’s Lone Tree | WFB | 3,157,886 | 0.4% | |||||||||||||||||
7.03 | Bass Pro San Antonio | WFB | 3,086,116 | 0.4% | |||||||||||||||||
7.04 | Cabela’s Allen | WFB | 3,032,288 | 0.4% | |||||||||||||||||
7.05 | Cabela’s Lehi | WFB | 2,763,150 | 0.4% | |||||||||||||||||
7.06 | Bass Pro Tampa | WFB | 2,601,668 | 0.3% | |||||||||||||||||
7.07 | Cabela’s Hammond | WFB | 2,332,529 | 0.3% | |||||||||||||||||
7.08 | Bass Pro Round Rock | WFB | 2,260,759 | 0.3% | |||||||||||||||||
7.09 | Cabela’s Fort Mill | WFB | 2,099,277 | 0.3% | |||||||||||||||||
7.1 | Cabela’s Wichita | WFB | 1,883,966 | 0.3% | |||||||||||||||||
7.11 | Cabela’s Owatonna | WFB | 1,722,483 | 0.2% | |||||||||||||||||
7.12 | Cabela’s Centerville | WFB | 1,596,886 | 0.2% | |||||||||||||||||
7.13 | Cabela’s Huntsville | WFB | 1,489,230 | 0.2% | |||||||||||||||||
7.14 | Bass Pro Port St. Lucie | WFB | 1,381,575 | 0.2% | |||||||||||||||||
7.15 | Cabela’s Waco | WFB | 1,076,552 | 0.1% | |||||||||||||||||
7.16 | Cabela’s East Grand Forks | WFB | 771,529 | 0.1% | |||||||||||||||||
8 | 150 West Jefferson | SMF II | 32,500,000 | 4.4% | 29,788,981 | Y | 11/8/2017 | 1/6/2018 | 12/6/2022 | 1/6/2023 | 12/6/2027 | 12/6/2029 | 4.60300% | 0.00000% | 0.00940% | 0.05250% | 0.00050% | 0.00040% | 4.54020% | Actual/360 | 166,667.69 |
9 | Hilton Dallas Rockwall | SMF II | 30,450,000 | 4.1% | 24,760,080 | N | 11/14/2017 | 1/6/2018 | 1/6/2018 | 12/6/2027 | 4.67100% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.65375% | Actual/360 | 157,394.89 | ||
10 | Lennar Corporate Center | SMF II | 28,600,000 | 3.8% | 26,107,803 | N | 10/5/2017 | 11/6/2017 | 10/6/2022 | 11/6/2022 | 10/6/2027 | 4.35000% | 0.00195% | 0.00940% | 0.05250% | 0.00050% | 0.00040% | 4.28525% | Actual/360 | 142,374.17 | |
11 | Courtyard Los Angeles Sherman Oaks | WFB | 27,000,000 | 3.6% | 23,617,241 | N | 11/30/2017 | 1/11/2018 | 12/11/2020 | 1/11/2021 | 12/11/2027 | 4.47400% | 0.00000% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.45870% | Actual/360 | 136,388.24 | |
12 | Lakeside Shopping Center | Barclays | 25,000,000 | 3.4% | 25,000,000 | N | 7/28/2017 | 9/1/2017 | 8/1/2027 | 8/1/2027 | 3.77000% | 0.00000% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 3.75470% | Actual/360 | 79,632.52 | ||
13 | Laguna Cliffs Marriott | WFB | 25,000,000 | 3.4% | 25,000,000 | N | 11/17/2017 | 1/11/2018 | 12/11/2027 | 12/11/2027 | 4.34000% | 0.00000% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.32470% | Actual/360 | 91,672.45 | ||
14 | One Lakeshore Center | WFB | 23,950,000 | 3.2% | 21,940,671 | N | 11/17/2017 | 1/11/2018 | 12/11/2022 | 1/11/2023 | 12/11/2027 | 4.57000% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.55275% | Actual/360 | 122,349.30 | |
15 | River Park I | SMF II | 20,300,000 | 2.7% | 16,398,440 | Y | 11/20/2017 | 1/6/2018 | 1/6/2018 | 12/6/2027 | 12/6/2029 | 4.47800% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.46075% | Actual/360 | 102,591.93 | |
16 | Marriott Courtyard Downtown Reno | WFB | 19,974,185 | 2.7% | 16,228,346 | N | 11/8/2017 | 12/11/2017 | 12/11/2017 | 11/11/2027 | 4.61000% | 0.00195% | 0.00940% | 0.02500% | 0.00050% | 0.00040% | 4.57275% | Actual/360 | 102,648.43 | ||
17 | Hidden Valley Office Park | Barclays | 18,500,000 | 2.5% | 18,500,000 | N | 11/8/2017 | 12/6/2017 | 11/6/2027 | 11/6/2027 | 3.78850% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 3.77125% | Actual/360 | 59,217.24 | ||
18 | One Cleveland Center | RMF | 18,000,000 | 2.4% | 15,325,602 | N | 11/13/2017 | 12/6/2017 | 11/6/2018 | 12/6/2018 | 11/6/2027 | 5.30000% | 0.00000% | 0.00940% | 0.02250% | 0.00050% | 0.00040% | 5.26720% | Actual/360 | 99,954.84 | |
19 | Foothills Plaza | Barclays | 17,200,000 | 2.3% | 14,007,208 | N | 11/20/2017 | 1/6/2018 | 1/6/2018 | 12/6/2027 | 4.71600% | 0.00195% | 0.00940% | 0.05250% | 0.00050% | 0.00040% | 4.65125% | Actual/360 | 89,371.19 | ||
20 | West College Center | Barclays | 14,600,000 | 2.0% | 13,352,607 | N | 11/15/2017 | 1/6/2018 | 12/6/2022 | 1/6/2023 | 12/6/2027 | 4.46500% | 0.00195% | 0.00940% | 0.05250% | 0.00050% | 0.00040% | 4.40025% | Actual/360 | 73,672.74 | |
21 | Hampton Plaza | Barclays | 13,181,250 | 1.8% | 11,289,988 | N | 11/9/2017 | 12/6/2017 | 11/6/2019 | 12/6/2019 | 11/6/2027 | 4.60800% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.59075% | Actual/360 | 67,635.97 | |
22 | Marriott Courtyard Wilkes | WFB | 10,000,000 | 1.3% | 8,103,563 | N | 11/21/2017 | 1/11/2018 | 1/11/2018 | 12/11/2027 | 4.57000% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.55275% | Actual/360 | 51,085.30 | ||
23 | Pangea 18 | SMF II | 8,500,000 | 1.1% | 8,500,000 | N | 11/16/2017 | 1/6/2018 | 12/6/2027 | 12/6/2027 | 4.55300% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.53575% | Actual/360 | 32,698.34 | ||
23.01 | 5328 West Harrison Street | SMF II | 1,113,885 | 0.1% | |||||||||||||||||
23.02 | 7754 South Loomis Boulevard | SMF II | 981,279 | 0.1% | |||||||||||||||||
23.03 | 7800 South Morgan Street | SMF II | 981,279 | 0.1% | |||||||||||||||||
23.04 | 404 School Street | SMF II | 901,716 | 0.1% | |||||||||||||||||
23.05 | 7701 South Ashland Avenue | SMF II | 795,632 | 0.1% | |||||||||||||||||
23.06 | 6748 South Blackstone Avenue | SMF II | 769,111 | 0.1% | |||||||||||||||||
23.07 | 5749 West Chicago Avenue | SMF II | 689,548 | 0.1% | |||||||||||||||||
23.08 | 10901 South Vernon Avenue | SMF II | 663,027 | 0.1% | |||||||||||||||||
23.09 | 702 North Waller Avenue | SMF II | 318,253 | 0.0% | |||||||||||||||||
23.1 | 7034 South Claremont Avenue | SMF II | 318,253 | 0.0% | |||||||||||||||||
23.11 | 7927 South Ellis Avenue | SMF II | 291,732 | 0.0% | |||||||||||||||||
23.12 | 2100 South Kildare Avenue | SMF II | 278,471 | 0.0% | |||||||||||||||||
23.13 | 7823 South Euclid Avenue | SMF II | 198,908 | 0.0% | |||||||||||||||||
23.14 | 7938 South Hermitage Avenue | SMF II | 198,908 | 0.0% | |||||||||||||||||
24 | Home2 Suites Little Rock West | WFB | 8,300,000 | 1.1% | 6,708,011 | N | 11/17/2017 | 1/11/2018 | 1/11/2018 | 12/11/2027 | 4.49200% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.47475% | Actual/360 | 42,015.44 | ||
25 | Rite Aid Long Beach | SMF II | 8,200,000 | 1.1% | 7,204,890 | N | 11/20/2017 | 1/6/2018 | 12/6/2020 | 1/6/2021 | 12/6/2027 | 4.67000% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.65275% | Actual/360 | 42,380.57 | |
26 | 55 West 19th Street | WFB | 7,200,000 | 1.0% | 7,200,000 | N | 10/31/2017 | 12/11/2017 | 11/11/2022 | 11/11/2022 | 4.53000% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.51275% | Actual/360 | 27,557.50 | ||
27 | Bond Street Advisors Retail Portfolio | Barclays | 5,800,000 | 0.8% | 4,865,853 | N | 11/3/2017 | 12/6/2017 | 11/6/2018 | 12/6/2018 | 11/6/2027 | 4.78700% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.76975% | Actual/360 | 30,385.03 | |
27.01 | Stampede Crossing | Barclays | 3,864,362 | 0.5% | |||||||||||||||||
27.02 | Village at Sandhill | Barclays | 1,935,638 | 0.3% | |||||||||||||||||
28 | Melville Corporate Plaza | WFB | 5,425,000 | 0.7% | 4,987,800 | N | 11/15/2017 | 1/11/2018 | 1/11/2018 | 12/11/2022 | 4.80000% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.78275% | Actual/360 | 28,463.10 | ||
29 | Security Self Storage - Napa | WFB | 5,200,000 | 0.7% | 4,215,289 | N | 11/15/2017 | 1/11/2018 | 1/11/2018 | 12/11/2027 | 4.58000% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.56275% | Actual/360 | 26,595.39 | ||
30 | The Delta Luxury Apartments | RMF | 4,750,000 | 0.6% | 4,017,029 | N | 11/21/2017 | 1/6/2018 | 12/6/2018 | 1/6/2019 | 12/6/2027 | 5.06000% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 5.04275% | Actual/360 | 25,673.49 | |
31 | Weeksville Crossing | SMF II | 4,700,000 | 0.6% | 4,024,786 | N | 10/11/2017 | 12/6/2017 | 11/6/2019 | 12/6/2019 | 11/6/2027 | 4.60000% | 0.00195% | 0.00940% | 0.04500% | 0.00050% | 0.00040% | 4.54275% | Actual/360 | 24,094.29 | |
32 | Chase Bank & Whataburger - Houston | RMF | 3,700,000 | 0.5% | 3,290,443 | N | 11/15/2017 | 1/6/2018 | 12/6/2020 | 1/6/2021 | 12/6/2027 | 5.22000% | 0.00195% | 0.00940% | 0.05250% | 0.00050% | 0.00040% | 5.15525% | Actual/360 | 20,362.84 | |
33 | 421 Germantown Pike | SMF II | 3,545,828 | 0.5% | 2,929,551 | N | 11/6/2017 | 12/6/2017 | 12/6/2017 | 11/6/2027 | 5.12000% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 5.10275% | Actual/360 | 19,318.37 | ||
34 | Parkway MHC | SMF II | 3,395,762 | 0.5% | 2,776,596 | N | 10/31/2017 | 12/6/2017 | 12/6/2017 | 11/6/2027 | 4.80100% | 0.00195% | 0.00940% | 0.04500% | 0.00050% | 0.00040% | 4.74375% | Actual/360 | 17,840.68 | ||
35 | Rite Aid Holland | RMF | 2,600,000 | 0.3% | 1,940,232 | N | 11/17/2017 | 1/6/2018 | 1/6/2018 | 12/6/2027 | 4.95000% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 4.93275% | Actual/360 | 15,123.70 | ||
36 | Collins MHC & Underwood Estates | SMF II | 2,247,339 | 0.3% | 1,854,661 | N | 11/2/2017 | 12/6/2017 | 12/6/2017 | 11/6/2027 | 5.08500% | 0.00195% | 0.00940% | 0.04500% | 0.00050% | 0.00040% | 5.02775% | Actual/360 | 12,195.64 | ||
37 | Country Side Plaza | WFB | 1,422,415 | 0.2% | 1,095,377 | N | 11/29/2016 | 1/11/2017 | 1/11/2017 | 12/11/2026 | 5.29000% | 0.00195% | 0.00940% | 0.00500% | 0.00050% | 0.00040% | 5.27275% | Actual/360 | 8,723.34 |
A-1-2
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | Amortization Type | Interest Accrual Method During IO | Original Term to Maturity or ARD (Mos.) | Remaining Term to Maturity or ARD (Mos.) | Original IO Period (Mos.) | Remaining IO Period (Mos.) | Original Amort Term (Mos.) | Remaining Amort Term (Mos.) | Seasoning | Prepayment Provisions(3) | Grace Period Default (Days)(4) |
1 | One Ally Center | SMF II | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),D(92),O(4) | 0 |
2 | 16 Court Street | Barclays | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(89),O(6) | 0 - two times grace period of 5 days in a 12 month period |
3 | Logan Town Center | RMF | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 60 | 59 | 360 | 360 | 1 | L(24),GRTR 1% or YM(92),O(4) | 0 |
4 | One Century Place | Barclays | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(23),GRTR 1% or YM(91),O(6) | 0 |
5 | Moffett Towers II - Building 2 | Barclays | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | L(24),D(89),O(7) | 0 |
6 | 1601 Bronxdale Avenue | WFB | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),GRTR 1% or YM(92),O(4) | 0 |
7 | Bass Pro & Cabela’s Portfolio | WFB | Interest-only, Balloon | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 2 | $27.47MM Note-L(24),GRTR 1% or YM(2),GRTR 1% or YM or D(87),O(7); $7.5MM Note-O(120) | 0 |
7.01 | Cabela’s Rogers | WFB | |||||||||||
7.02 | Cabela’s Lone Tree | WFB | |||||||||||
7.03 | Bass Pro San Antonio | WFB | |||||||||||
7.04 | Cabela’s Allen | WFB | |||||||||||
7.05 | Cabela’s Lehi | WFB | |||||||||||
7.06 | Bass Pro Tampa | WFB | |||||||||||
7.07 | Cabela’s Hammond | WFB | |||||||||||
7.08 | Bass Pro Round Rock | WFB | |||||||||||
7.09 | Cabela’s Fort Mill | WFB | |||||||||||
7.1 | Cabela’s Wichita | WFB | |||||||||||
7.11 | Cabela’s Owatonna | WFB | |||||||||||
7.12 | Cabela’s Centerville | WFB | |||||||||||
7.13 | Cabela’s Huntsville | WFB | |||||||||||
7.14 | Bass Pro Port St. Lucie | WFB | |||||||||||
7.15 | Cabela’s Waco | WFB | |||||||||||
7.16 | Cabela’s East Grand Forks | WFB | |||||||||||
8 | 150 West Jefferson | SMF II | Interest-only, Amortizing ARD | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 |
9 | Hilton Dallas Rockwall | SMF II | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),GRTR 1% or YM or D(91),O(5) | 0 | |
10 | Lennar Corporate Center | SMF II | Interest-only, Amortizing Balloon | Actual/360 | 120 | 118 | 60 | 58 | 360 | 360 | 2 | L(26),D(89),O(5) | 0 |
11 | Courtyard Los Angeles Sherman Oaks | WFB | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 36 | 36 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 |
12 | Lakeside Shopping Center | Barclays | Interest-only, Balloon | Actual/360 | 120 | 116 | 120 | 116 | 0 | 0 | 4 | L(28),D(87),O(5) | 5 |
13 | Laguna Cliffs Marriott | WFB | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),GRTR 1% or YM(91),O(5) | 0 |
14 | One Lakeshore Center | WFB | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | L(24),GRTR 1% or YM(92),O(4) | 0 |
15 | River Park I | SMF II | Amortizing ARD | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(18),GRTR 1% or YM(97),O(5) | 0 | |
16 | Marriott Courtyard Downtown Reno | WFB | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(90),O(5) | 0 | |
17 | Hidden Valley Office Park | Barclays | Interest-only, Balloon | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 |
18 | One Cleveland Center | RMF | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 12 | 11 | 360 | 360 | 1 | L(25),D(88),O(7) | 0 |
19 | Foothills Plaza | Barclays | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | |
20 | West College Center | Barclays | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 60 | 60 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 |
21 | Hampton Plaza | Barclays | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 24 | 23 | 360 | 360 | 1 | L(25),D(90),O(5) | 0 |
22 | Marriott Courtyard Wilkes | WFB | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | |
23 | Pangea 18 | SMF II | Interest-only, Balloon | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 0 | L(24),D(90),O(6) | 0 |
23.01 | 5328 West Harrison Street | SMF II | |||||||||||
23.02 | 7754 South Loomis Boulevard | SMF II | |||||||||||
23.03 | 7800 South Morgan Street | SMF II | |||||||||||
23.04 | 404 School Street | SMF II | |||||||||||
23.05 | 7701 South Ashland Avenue | SMF II | |||||||||||
23.06 | 6748 South Blackstone Avenue | SMF II | |||||||||||
23.07 | 5749 West Chicago Avenue | SMF II | |||||||||||
23.08 | 10901 South Vernon Avenue | SMF II | |||||||||||
23.09 | 702 North Waller Avenue | SMF II | |||||||||||
23.1 | 7034 South Claremont Avenue | SMF II | |||||||||||
23.11 | 7927 South Ellis Avenue | SMF II | |||||||||||
23.12 | 2100 South Kildare Avenue | SMF II | |||||||||||
23.13 | 7823 South Euclid Avenue | SMF II | |||||||||||
23.14 | 7938 South Hermitage Avenue | SMF II | |||||||||||
24 | Home2 Suites Little Rock West | WFB | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | |
25 | Rite Aid Long Beach | SMF II | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 36 | 36 | 360 | 360 | 0 | L(24),GRTR 1% or YM(92),O(4) | 0 |
26 | 55 West 19th Street | WFB | Interest-only, Balloon | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 1 | L(25),D(31),O(4) | 0 |
27 | Bond Street Advisors Retail Portfolio | Barclays | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 12 | 11 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 |
27.01 | Stampede Crossing | Barclays | |||||||||||
27.02 | Village at Sandhill | Barclays | |||||||||||
28 | Melville Corporate Plaza | WFB | Amortizing Balloon | 60 | 60 | 0 | 0 | 360 | 360 | 0 | L(24),D(32),O(4) | 0 | |
29 | Security Self Storage - Napa | WFB | Amortizing Balloon | 120 | 120 | 0 | 0 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 | |
30 | The Delta Luxury Apartments | RMF | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 12 | 12 | 360 | 360 | 0 | L(24),D(92),O(4) | 0 |
31 | Weeksville Crossing | SMF II | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | 24 | 23 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 |
32 | Chase Bank & Whataburger - Houston | RMF | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | 36 | 36 | 360 | 360 | 0 | L(24),D(89),O(7) | 0 |
33 | 421 Germantown Pike | SMF II | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | |
34 | Parkway MHC | SMF II | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | |
35 | Rite Aid Holland | RMF | Amortizing Balloon | 120 | 120 | 0 | 0 | 300 | 300 | 0 | L(23),GRTR 1% or YM(93),O(4) | 0 | |
36 | Collins MHC & Underwood Estates | SMF II | Amortizing Balloon | 120 | 119 | 0 | 0 | 360 | 359 | 1 | L(25),GRTR 1% or YM(91),O(4) | 0 | |
37 | Country Side Plaza | WFB | Amortizing Balloon | 120 | 108 | 0 | 0 | 300 | 288 | 12 | L(36),D(80),O(4) | 0 |
A-1-3
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | Grace Period Late (Days)(4) | Appraised Value ($)(5) | Appraisal Date | Coop -Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Units | Coop - Sponsor Carry | Coop - Committed Secondary Debt | U/W NOI DSCR (x)(6)(7) | U/W NCF DSCR (x)(6)(7) | Cut-off Date LTV Ratio(5)(6)(7) | LTV Ratio at Maturity or ARD(5)(6)(7) | Cut-off Date U/W NOI Debt Yield(6)(7) | Cut-off Date U/W NCF Debt Yield(6)(7) | U/W Revenues ($)(2)(8)(13) | U/W Expenses ($) |
1 | One Ally Center | SMF II | 0 | 185,000,000 | 10/17/2017 | 2.75 | 2.43 | 55.1% | 55.1% | 12.6% | 11.1% | 30,714,612 | 17,866,862 | ||||||||
2 | 16 Court Street | Barclays | 0 | 175,000,000 | 9/25/2017 | 2.01 | 1.83 | 63.4% | 63.4% | 8.5% | 7.7% | 15,919,171 | 6,484,958 | ||||||||
3 | Logan Town Center | RMF | 0 | 117,000,000 | 10/20/2017 | 1.48 | 1.39 | 65.8% | 60.3% | 9.1% | 8.5% | 8,601,602 | 1,560,499 | ||||||||
4 | One Century Place | Barclays | 0 | 102,000,000 | 9/15/2017 | 3.00 | 2.73 | 65.0% | 65.0% | 11.5% | 10.5% | 12,080,931 | 4,449,986 | ||||||||
5 | Moffett Towers II - Building 2 | Barclays | 0 | 351,000,000 | 10/18/2017 | 2.18 | 2.08 | 47.0% | 42.4% | 11.9% | 11.4% | 22,525,092 | 2,840,101 | ||||||||
6 | 1601 Bronxdale Avenue | WFB | 0 | 67,100,000 | 10/16/2017 | 1.82 | 1.67 | 52.2% | 52.2% | 8.3% | 7.6% | 4,674,681 | 1,772,465 | ||||||||
7 | Bass Pro & Cabela’s Portfolio | WFB | 0, 10 days grace up to two times during the term of the loan | 386,700,000 | 7/1/2017 | 2.88 | 2.72 | 50.4% | 50.4% | 12.8% | 12.1% | 32,578,204 | 7,640,446 | ||||||||
7.01 | Cabela’s Rogers | WFB | 41,100,000 | 7/1/2017 | NAV | NAV | |||||||||||||||
7.02 | Cabela’s Lone Tree | WFB | 34,950,000 | 7/1/2017 | NAV | NAV | |||||||||||||||
7.03 | Bass Pro San Antonio | WFB | 34,200,000 | 7/1/2017 | NAV | NAV | |||||||||||||||
7.04 | Cabela’s Allen | WFB | 33,600,000 | 7/1/2017 | NAV | NAV | |||||||||||||||
7.05 | Cabela’s Lehi | WFB | 30,600,000 | 7/1/2017 | NAV | NAV | |||||||||||||||
7.06 | Bass Pro Tampa | WFB | 28,800,000 | 7/1/2017 | NAV | NAV | |||||||||||||||
7.07 | Cabela’s Hammond | WFB | 25,700,000 | 7/1/2017 | NAV | NAV | |||||||||||||||
7.08 | Bass Pro Round Rock | WFB | 25,000,000 | 7/1/2017 | NAV | NAV | |||||||||||||||
7.09 | Cabela’s Fort Mill | WFB | 23,250,000 | 7/1/2017 | NAV | NAV | |||||||||||||||
7.1 | Cabela’s Wichita | WFB | 20,800,000 | 7/1/2017 | NAV | NAV | |||||||||||||||
7.11 | Cabela’s Owatonna | WFB | 19,000,000 | 7/1/2017 | NAV | NAV | |||||||||||||||
7.12 | Cabela’s Centerville | WFB | 17,600,000 | 7/1/2017 | NAV | NAV | |||||||||||||||
7.13 | Cabela’s Huntsville | WFB | 16,400,000 | 7/1/2017 | NAV | NAV | |||||||||||||||
7.14 | Bass Pro Port St. Lucie | WFB | 15,350,000 | 7/1/2017 | NAV | NAV | |||||||||||||||
7.15 | Cabela’s Waco | WFB | 11,850,000 | 7/1/2017 | NAV | NAV | |||||||||||||||
7.16 | Cabela’s East Grand Forks | WFB | 8,500,000 | 7/1/2017 | NAV | NAV | |||||||||||||||
8 | 150 West Jefferson | SMF II | 0 | 103,000,000 | 8/22/2017 | 1.96 | 1.75 | 65.5% | 60.1% | 12.1% | 10.7% | 14,218,842 | 6,068,000 | ||||||||
9 | Hilton Dallas Rockwall | SMF II | 0 | 52,000,000 | 9/1/2017 | 2.38 | 2.08 | 58.6% | 47.6% | 14.8% | 12.9% | 14,303,981 | 9,806,766 | ||||||||
10 | Lennar Corporate Center | SMF II | 0 | 41,000,000 | 8/29/2017 | 2.60 | 2.22 | 69.8% | 63.7% | 15.5% | 13.3% | 7,827,296 | 3,391,225 | ||||||||
11 | Courtyard Los Angeles Sherman Oaks | WFB | 0 | 85,900,000 | 10/6/2017 | 1.93 | 1.74 | 64.0% | 56.0% | 11.7% | 10.5% | 15,772,566 | 9,346,312 | ||||||||
12 | Lakeside Shopping Center | Barclays | 5 | 365,000,000 | 6/7/2017 | 2.96 | 2.74 | 47.9% | 47.9% | 11.3% | 10.5% | 32,713,717 | 12,933,343 | ||||||||
13 | Laguna Cliffs Marriott | WFB | 5 | 224,000,000 | 10/25/2017 | 2.80 | 2.31 | 49.1% | 49.1% | 12.3% | 10.2% | 47,904,538 | 34,334,926 | ||||||||
14 | One Lakeshore Center | WFB | 0 | 36,850,000 | 8/30/2017 | 1.70 | 1.52 | 65.0% | 59.5% | 10.4% | 9.3% | 4,360,162 | 1,860,813 | ||||||||
15 | River Park I | SMF II | 0 | 34,100,000 | 9/20/2017 | 1.92 | 1.68 | 59.5% | 48.1% | 11.6% | 10.2% | 3,904,424 | 1,544,611 | ||||||||
16 | Marriott Courtyard Downtown Reno | WFB | 0 | 32,600,000 | 9/12/2017 | 2.13 | 1.88 | 61.3% | 49.8% | 13.1% | 11.6% | 6,146,740 | 3,523,167 | ||||||||
17 | Hidden Valley Office Park | Barclays | 0 | 36,000,000 | 10/23/2017 | 3.30 | 2.94 | 51.4% | 51.4% | 12.7% | 11.3% | 3,480,540 | 1,132,782 | ||||||||
18 | One Cleveland Center | RMF | 0 | 91,700,000 | 8/9/2017 | 1.66 | 1.50 | 62.2% | 52.9% | 11.1% | 10.0% | 12,568,725 | 6,263,434 | ||||||||
19 | Foothills Plaza | Barclays | 0 | 25,400,000 | 7/6/2017 | 1.74 | 1.61 | 67.7% | 55.1% | 10.9% | 10.0% | 2,353,806 | 485,837 | ||||||||
20 | West College Center | Barclays | 0 | 25,100,000 | 10/7/2017 | 1.57 | 1.41 | 58.2% | 53.2% | 9.5% | 8.5% | 1,937,882 | 548,301 | ||||||||
21 | Hampton Plaza | Barclays | 0 | 18,250,000 | 10/7/2017 | 1.81 | 1.66 | 72.2% | 61.9% | 11.1% | 10.2% | 1,813,267 | 347,398 | ||||||||
22 | Marriott Courtyard Wilkes | WFB | 0 | 14,400,000 | 9/28/2017 | 2.15 | 1.91 | 69.4% | 56.3% | 13.2% | 11.7% | 3,675,072 | 2,355,813 | ||||||||
23 | Pangea 18 | SMF II | 0 | 16,025,000 | 10/26/2017 | 2.78 | 2.66 | 53.0% | 53.0% | 12.8% | 12.3% | 1,797,695 | 706,305 | ||||||||
23.01 | 5328 West Harrison Street | SMF II | 2,100,000 | 10/26/2017 | NAV | NAV | |||||||||||||||
23.02 | 7754 South Loomis Boulevard | SMF II | 1,850,000 | 10/26/2017 | NAV | NAV | |||||||||||||||
23.03 | 7800 South Morgan Street | SMF II | 1,850,000 | 10/26/2017 | NAV | NAV | |||||||||||||||
23.04 | 404 School Street | SMF II | 1,700,000 | 10/26/2017 | NAV | NAV | |||||||||||||||
23.05 | 7701 South Ashland Avenue | SMF II | 1,500,000 | 10/26/2017 | NAV | NAV | |||||||||||||||
23.06 | 6748 South Blackstone Avenue | SMF II | 1,450,000 | 10/26/2017 | NAV | NAV | |||||||||||||||
23.07 | 5749 West Chicago Avenue | SMF II | 1,300,000 | 10/26/2017 | NAV | NAV | |||||||||||||||
23.08 | 10901 South Vernon Avenue | SMF II | 1,250,000 | 10/26/2017 | NAV | NAV | |||||||||||||||
23.09 | 702 North Waller Avenue | SMF II | 600,000 | 10/26/2017 | NAV | NAV | |||||||||||||||
23.1 | 7034 South Claremont Avenue | SMF II | 600,000 | 10/26/2017 | NAV | NAV | |||||||||||||||
23.11 | 7927 South Ellis Avenue | SMF II | 550,000 | 10/26/2017 | NAV | NAV | |||||||||||||||
23.12 | 2100 South Kildare Avenue | SMF II | 525,000 | 10/26/2017 | NAV | NAV | |||||||||||||||
23.13 | 7823 South Euclid Avenue | SMF II | 375,000 | 10/26/2017 | NAV | NAV | |||||||||||||||
23.14 | 7938 South Hermitage Avenue | SMF II | 375,000 | 10/26/2017 | NAV | NAV | |||||||||||||||
24 | Home2 Suites Little Rock West | WFB | 0 | 13,900,000 | 8/8/2017 | 2.40 | 2.18 | 59.7% | 48.3% | 14.6% | 13.2% | 2,811,277 | 1,601,916 | ||||||||
25 | Rite Aid Long Beach | SMF II | 0 | 13,440,000 | 10/6/2017 | 1.27 | 1.26 | 61.0% | 53.6% | 7.9% | 7.8% | 661,500 | 16,866 | ||||||||
26 | 55 West 19th Street | WFB | 0 | 13,500,000 | 10/1/2018 | 1.72 | 1.69 | 53.3% | 53.3% | 7.9% | 7.8% | 696,657 | 128,332 | ||||||||
27 | Bond Street Advisors Retail Portfolio | Barclays | 0 | 8,390,000 | Various | 1.40 | 1.37 | 69.1% | 58.0% | 8.8% | 8.6% | 826,957 | 316,489 | ||||||||
27.01 | Stampede Crossing | Barclays | 5,590,000 | 9/27/2017 | 563,921 | 207,958 | |||||||||||||||
27.02 | Village at Sandhill | Barclays | 2,800,000 | 9/29/2017 | 263,036 | 108,531 | |||||||||||||||
28 | Melville Corporate Plaza | WFB | 0 | 10,400,000 | 9/28/2017 | 2.53 | 2.16 | 52.2% | 48.0% | 15.9% | 13.6% | 2,074,114 | 1,210,135 | ||||||||
29 | Security Self Storage - Napa | WFB | 0 | 7,800,000 | 10/23/2017 | 1.45 | 1.43 | 66.7% | 54.0% | 8.9% | 8.8% | 710,070 | 247,381 | ||||||||
30 | The Delta Luxury Apartments | RMF | 0 | 6,900,000 | 9/14/2017 | 1.34 | 1.31 | 68.8% | 58.2% | 8.7% | 8.5% | 552,961 | 141,280 | ||||||||
31 | Weeksville Crossing | SMF II | 0 | 6,920,000 | 9/14/2017 | 1.59 | 1.48 | 67.9% | 58.2% | 9.8% | 9.1% | 600,784 | 140,635 | ||||||||
32 | Chase Bank & Whataburger - Houston | RMF | 0 | 5,760,000 | 9/5/2017 | 1.29 | 1.29 | 64.2% | 57.1% | 8.5% | 8.5% | 378,821 | 63,471 | ||||||||
33 | 421 Germantown Pike | SMF II | 0 | 5,130,000 | 10/16/2017 | 1.40 | 1.35 | 69.1% | 57.1% | 9.1% | 8.8% | 429,914 | 105,551 | ||||||||
34 | Parkway MHC | SMF II | 0 | 5,300,000 | 9/25/2017 | 1.44 | 1.42 | 64.1% | 52.4% | 9.1% | 9.0% | 454,818 | 146,386 | ||||||||
35 | Rite Aid Holland | RMF | 0 | 7,000,000 | 9/26/2017 | 2.67 | 2.54 | 37.1% | 27.7% | 18.6% | 17.7% | 494,173 | 10,228 | ||||||||
36 | Collins MHC & Underwood Estates | SMF II | 0 | 3,250,000 | 10/5/2017 | 1.49 | 1.45 | 69.1% | 57.1% | 9.7% | 9.5% | 425,756 | 207,983 | ||||||||
37 | Country Side Plaza | WFB | 0 | 2,520,000 | 10/13/2017 | 2.07 | 1.90 | 56.4% | 43.5% | 15.2% | 14.0% | 298,064 | 81,482 |
A-1-4
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | U/W Net Operating Income ($) | U/W Replacement ($) | U/W TI/LC ($) | U/W Net Cash Flow ($) | Occupancy Rate(2)(8)(9) | Occupancy as-of Date | U/W Hotel ADR | U/W Hotel RevPAR | Most Recent Period(9) | Most Recent Revenues ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent Capital Expenditures | Most Recent NCF ($) | Most Recent Hotel ADR | Most Recent Hotel RevPAR | Second Most Recent Period(9) |
1 | One Ally Center | SMF II | 12,847,750 | 195,895 | 1,279,976 | 11,371,879 | 94.3% | 10/18/2017 | TTM 9/30/2017 | 28,190,925 | 18,102,444 | 10,088,481 | 0 | 10,088,481 | Actual 2016 | ||||
2 | 16 Court Street | Barclays | 9,434,213 | 65,102 | 782,972 | 8,586,140 | 92.7% | 9/13/2017 | TTM 8/31/2017 | 13,883,734 | 5,449,452 | 8,434,282 | 0 | 8,434,282 | Actual 2016 | ||||
3 | Logan Town Center | RMF | 7,041,103 | 107,369 | 357,896 | 6,575,839 | 98.3% | 10/13/2017 | TTM 9/30/2017 | 8,685,491 | 1,387,978 | 7,297,512 | 0 | 7,297,512 | Actual 2016 | ||||
4 | One Century Place | Barclays | 7,630,945 | 124,861 | 538,792 | 6,967,293 | 99.8% | 10/11/2017 | TTM 8/31/2017 | 11,698,190 | 4,552,371 | 7,145,819 | 0 | 7,145,819 | Actual 2016 | ||||
5 | Moffett Towers II - Building 2 | Barclays | 19,684,992 | 72,513 | 806,820 | 18,805,659 | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
6 | 1601 Bronxdale Avenue | WFB | 2,902,216 | 45,664 | 195,415 | 2,661,137 | 100.0% | 10/17/2017 | TTM 9/30/2017 | 4,545,266 | 1,824,611 | 2,720,655 | 0 | 2,720,655 | Actual 2016 | ||||
7 | Bass Pro & Cabela’s Portfolio | WFB | 24,937,758 | 474,132 | 948,264 | 23,515,362 | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.01 | Cabela’s Rogers | WFB | NAV | NAV | NAV | NAV | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.02 | Cabela’s Lone Tree | WFB | NAV | NAV | NAV | NAV | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.03 | Bass Pro San Antonio | WFB | NAV | NAV | NAV | NAV | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.04 | Cabela’s Allen | WFB | NAV | NAV | NAV | NAV | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.05 | Cabela’s Lehi | WFB | NAV | NAV | NAV | NAV | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.06 | Bass Pro Tampa | WFB | NAV | NAV | NAV | NAV | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.07 | Cabela’s Hammond | WFB | NAV | NAV | NAV | NAV | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.08 | Bass Pro Round Rock | WFB | NAV | NAV | NAV | NAV | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.09 | Cabela’s Fort Mill | WFB | NAV | NAV | NAV | NAV | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.1 | Cabela’s Wichita | WFB | NAV | NAV | NAV | NAV | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.11 | Cabela’s Owatonna | WFB | NAV | NAV | NAV | NAV | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.12 | Cabela’s Centerville | WFB | NAV | NAV | NAV | NAV | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.13 | Cabela’s Huntsville | WFB | NAV | NAV | NAV | NAV | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.14 | Bass Pro Port St. Lucie | WFB | NAV | NAV | NAV | NAV | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.15 | Cabela’s Waco | WFB | NAV | NAV | NAV | NAV | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.16 | Cabela’s East Grand Forks | WFB | NAV | NAV | NAV | NAV | 100.0% | 12/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
8 | 150 West Jefferson | SMF II | 8,150,842 | 97,957 | 797,463 | 7,255,421 | 93.7% | 10/1/2017 | TTM 8/31/2017 | 13,108,942 | 6,148,784 | 6,960,158 | 0 | 6,960,158 | Actual 2015 | ||||
9 | Hilton Dallas Rockwall | SMF II | 4,497,215 | 572,159 | 0 | 3,925,055 | 65.4% | 7/31/2017 | 156 | 107 | TTM 7/31/2017 | 13,867,537 | 9,638,218 | 4,229,319 | 554,701 | 3,674,617 | 157 | 103 | Actual 2016 |
10 | Lennar Corporate Center | SMF II | 4,436,071 | 62,572 | 577,242 | 3,796,257 | 94.9% | 9/18/2017 | TTM 7/31/2017 | 7,160,947 | 3,154,245 | 4,006,701 | 0 | 4,006,701 | Actual 2016 | ||||
11 | Courtyard Los Angeles Sherman Oaks | WFB | 6,426,254 | 630,903 | 0 | 5,795,351 | 81.7% | 10/31/2017 | 205 | 170 | TTM 10/31/2017 | 15,624,434 | 8,988,390 | 6,636,044 | 0 | 6,636,044 | 205 | 168 | Actual 2016 |
12 | Lakeside Shopping Center | Barclays | 19,780,375 | 242,270 | 1,230,800 | 18,307,305 | 97.5% | 6/1/2017 | TTM 3/31/2017 | 32,502,956 | 13,680,575 | 18,822,381 | 0 | 18,822,381 | Actual 2016 | ||||
13 | Laguna Cliffs Marriott | WFB | 13,569,611 | 2,395,227 | 0 | 11,174,385 | 76.2% | 9/30/2017 | 227 | 173 | TTM 9/30/2017 | 47,486,177 | 34,424,723 | 13,061,454 | 0 | 13,061,454 | 223 | 170 | Actual 2016 |
14 | One Lakeshore Center | WFB | 2,499,349 | 84,870 | 177,115 | 2,237,364 | 93.8% | 11/2/2017 | TTM 9/30/2017 | 3,767,028 | 1,973,331 | 1,793,697 | 0 | 1,793,697 | Actual 2016 | ||||
15 | River Park I | SMF II | 2,359,814 | 47,292 | 243,628 | 2,068,894 | 100.0% | 10/1/2017 | TTM 8/31/2017 | 3,747,074 | 1,470,687 | 2,276,387 | 437,572 | 1,838,815 | Actual 2016 | ||||
16 | Marriott Courtyard Downtown Reno | WFB | 2,623,574 | 307,337 | 0 | 2,316,236 | 84.9% | 10/31/2017 | 136 | 115 | TTM 10/31/2017 | 6,215,338 | 3,468,596 | 2,746,742 | 0 | 2,746,742 | 138 | 117 | NAV |
17 | Hidden Valley Office Park | Barclays | 2,347,758 | 24,406 | 237,233 | 2,086,118 | 95.0% | 10/31/2017 | TTM 9/30/2017 | 3,244,761 | 1,128,756 | 2,116,006 | 0 | 2,116,006 | Actual 2016 | ||||
18 | One Cleveland Center | RMF | 6,305,292 | 81,637 | 544,246 | 5,679,410 | 91.4% | 11/1/2017 | TTM 8/31/2017 | 10,515,654 | 6,373,635 | 4,142,020 | 0 | 4,142,020 | Actual 2016 | ||||
19 | Foothills Plaza | Barclays | 1,867,969 | 17,687 | 121,953 | 1,728,328 | 95.9% | 10/13/2017 | TTM 5/31/2017 | 1,930,594 | 448,613 | 1,481,981 | 0 | 1,481,981 | Actual 2016 | ||||
20 | West College Center | Barclays | 1,389,581 | 23,064 | 121,885 | 1,244,632 | 81.5% | 11/15/2017 | TTM 8/31/2017 | 1,893,428 | 531,789 | 1,361,639 | 0 | 1,361,639 | Actual 2016 | ||||
21 | Hampton Plaza | Barclays | 1,465,868 | 18,639 | 99,561 | 1,347,668 | 97.0% | 10/1/2017 | TTM 9/30/2017 | 1,654,868 | 338,740 | 1,316,128 | 0 | 1,316,128 | Actual 2016 | ||||
22 | Marriott Courtyard Wilkes | WFB | 1,319,259 | 147,003 | 0 | 1,172,256 | 76.0% | 9/30/2017 | 115 | 87 | TTM 9/30/2017 | 3,675,060 | 2,138,186 | 1,536,874 | 0 | 1,536,874 | 114 | 87 | Actual 2016 |
23 | Pangea 18 | SMF II | 1,091,390 | 47,750 | 0 | 1,043,640 | 94.8% | 11/1/2017 | TTM 9/30/2017 | 1,072,385 | 637,888 | 434,497 | 0 | 434,497 | NAV | ||||
23.01 | 5328 West Harrison Street | SMF II | NAV | NAV | NAV | NAV | 92.3% | 11/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
23.02 | 7754 South Loomis Boulevard | SMF II | NAV | NAV | NAV | NAV | 81.8% | 11/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
23.03 | 7800 South Morgan Street | SMF II | NAV | NAV | NAV | NAV | 92.0% | 11/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
23.04 | 404 School Street | SMF II | NAV | NAV | NAV | NAV | 100.0% | 11/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
23.05 | 7701 South Ashland Avenue | SMF II | NAV | NAV | NAV | NAV | 100.0% | 11/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
23.06 | 6748 South Blackstone Avenue | SMF II | NAV | NAV | NAV | NAV | 100.0% | 11/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
23.07 | 5749 West Chicago Avenue | SMF II | NAV | NAV | NAV | NAV | 100.0% | 11/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
23.08 | 10901 South Vernon Avenue | SMF II | NAV | NAV | NAV | NAV | 100.0% | 11/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
23.09 | 702 North Waller Avenue | SMF II | NAV | NAV | NAV | NAV | 100.0% | 11/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
23.1 | 7034 South Claremont Avenue | SMF II | NAV | NAV | NAV | NAV | 100.0% | 11/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
23.11 | 7927 South Ellis Avenue | SMF II | NAV | NAV | NAV | NAV | 87.5% | 11/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
23.12 | 2100 South Kildare Avenue | SMF II | NAV | NAV | NAV | NAV | 85.7% | 11/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
23.13 | 7823 South Euclid Avenue | SMF II | NAV | NAV | NAV | NAV | 100.0% | 11/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
23.14 | 7938 South Hermitage Avenue | SMF II | NAV | NAV | NAV | NAV | 100.0% | 11/1/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
24 | Home2 Suites Little Rock West | WFB | 1,209,360 | 112,451 | 0 | 1,096,909 | 78.0% | 9/30/2017 | 104 | 81 | TTM 9/30/2017 | 2,811,277 | 1,489,504 | 1,321,773 | 0 | 1,321,773 | 104 | 81 | Actual 2016 |
25 | Rite Aid Long Beach | SMF II | 644,634 | 2,168 | 0 | 642,467 | 100.0% | 12/6/2017 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
26 | 55 West 19th Street | WFB | 568,325 | 1,850 | 6,938 | 559,537 | 100.0% | 10/23/2017 | TTM 9/30/2017 | 499,220 | 87,773 | 411,446 | 0 | 411,446 | Actual 2016 | ||||
27 | Bond Street Advisors Retail Portfolio | Barclays | 510,468 | 3,034 | 9,571 | 497,864 | 94.7% | Various | Various | 287,855 | 248,770 | 39,085 | 0 | 39,085 | NAV | ||||
27.01 | Stampede Crossing | Barclays | 355,963 | 1,987 | 9,135 | 344,841 | 100.0% | 11/1/2017 | Annualized 8 8/15/2017 | 222,736 | 237,297 | -14,561 | 0 | -14,561 | NAV | ||||
27.02 | Village at Sandhill | Barclays | 154,505 | 1,047 | 435 | 153,023 | 84.7% | 9/14/2017 | Annualized 9 9/30/2017 | 65,120 | 11,473 | 53,646 | 0 | 53,646 | NAV | ||||
28 | Melville Corporate Plaza | WFB | 863,979 | 28,601 | 98,624 | 736,754 | 100.0% | 11/1/2017 | TTM 8/31/2017 | 1,602,176 | 894,171 | 708,005 | 0 | 708,005 | Actual 2016 | ||||
29 | Security Self Storage - Napa | WFB | 462,689 | 5,486 | 0 | 457,203 | 90.1% | 10/26/2017 | TTM 9/30/2017 | 718,004 | 289,483 | 428,521 | 0 | 428,521 | Actual 2016 | ||||
30 | The Delta Luxury Apartments | RMF | 411,681 | 8,000 | 0 | 403,681 | 100.0% | 10/26/2017 | TTM 9/30/2017 | 527,369 | 90,571 | 436,797 | 0 | 436,797 | NAV | ||||
31 | Weeksville Crossing | SMF II | 460,149 | 6,139 | 25,394 | 428,616 | 94.1% | 10/4/2017 | TTM 8/31/2017 | 580,448 | 147,390 | 433,058 | 0 | 433,058 | Actual 2016 | ||||
32 | Chase Bank & Whataburger - Houston | RMF | 315,350 | 0 | 0 | 315,350 | 100.0% | 9/15/2017 | TTM 8/31/2017 | 301,500 | 0 | 301,500 | 0 | 301,500 | Actual 2016 | ||||
33 | 421 Germantown Pike | SMF II | 324,363 | 1,955 | 9,774 | 312,634 | 100.0% | 11/2/2017 | TTM 9/30/2017 | 326,028 | 104,345 | 221,683 | 0 | 221,683 | Actual 2016 | ||||
34 | Parkway MHC | SMF II | 308,432 | 3,600 | 0 | 304,832 | 100.0% | 10/24/2017 | TTM 8/31/2017 | 456,303 | 132,380 | 323,923 | 0 | 323,923 | Actual 2016 | ||||
35 | Rite Aid Holland | RMF | 483,945 | 1,893 | 21,846 | 460,205 | 100.0% | 12/1/2017 | TTM 9/30/2017 | 472,893 | 0 | 472,893 | 0 | 472,893 | Actual 2016 | ||||
36 | Collins MHC & Underwood Estates | SMF II | 217,773 | 5,350 | 0 | 212,423 | 90.7% | 10/24/2017 | TTM 9/30/2017 | 425,756 | 211,950 | 213,806 | 0 | 213,806 | Annualized 10 12/31/2016 | ||||
37 | Country Side Plaza | WFB | 216,582 | 5,463 | 12,014 | 199,105 | 88.8% | 3/31/2017 | TTM 9/30/2017 | 284,612 | 77,134 | 207,478 | 0 | 207,478 | Actual 2016 |
A-1-5
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | Second Most Recent Revenues ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent Capital Expenditures | Second Most Recent NCF ($) | Second Most Recent Hotel ADR | Second Most Recent Hotel RevPAR | Third Most Recent Period | Third Most Recent Revenues ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent Capital Expenditures | Third Most Recent NCF ($) | Third Most Recent Hotel ADR | Third Most Recent Hotel RevPAR | Master Lease (Y/N)(10) |
1 | One Ally Center | SMF II | 24,540,469 | 17,333,096 | 7,207,373 | 0 | 7,207,373 | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
2 | 16 Court Street | Barclays | 13,621,126 | 5,568,157 | 8,052,969 | 0 | 8,052,969 | Actual 2015 | 13,061,704 | 5,430,457 | 7,631,247 | 0 | 7,631,247 | N | ||||
3 | Logan Town Center | RMF | 8,638,219 | 1,360,507 | 7,277,712 | 0 | 7,277,712 | Actual 2015 | 8,532,743 | 1,456,791 | 7,075,952 | 0 | 7,075,952 | N | ||||
4 | One Century Place | Barclays | 11,526,392 | 4,540,218 | 6,986,174 | 0 | 6,986,174 | Actual 2015 | 10,840,882 | 4,620,314 | 6,220,568 | 0 | 6,220,568 | N | ||||
5 | Moffett Towers II - Building 2 | Barclays | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
6 | 1601 Bronxdale Avenue | WFB | 4,386,009 | 1,702,284 | 2,683,725 | 0 | 2,683,725 | Actual 2015 | 4,092,372 | 1,466,810 | 2,625,562 | 0 | 2,625,562 | N | ||||
7 | Bass Pro & Cabela’s Portfolio | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
7.01 | Cabela’s Rogers | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
7.02 | Cabela’s Lone Tree | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
7.03 | Bass Pro San Antonio | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
7.04 | Cabela’s Allen | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
7.05 | Cabela’s Lehi | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
7.06 | Bass Pro Tampa | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
7.07 | Cabela’s Hammond | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
7.08 | Bass Pro Round Rock | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
7.09 | Cabela’s Fort Mill | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
7.1 | Cabela’s Wichita | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
7.11 | Cabela’s Owatonna | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
7.12 | Cabela’s Centerville | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
7.13 | Cabela’s Huntsville | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
7.14 | Bass Pro Port St. Lucie | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
7.15 | Cabela’s Waco | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
7.16 | Cabela’s East Grand Forks | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
8 | 150 West Jefferson | SMF II | 9,865,538 | 5,896,388 | 3,969,150 | 0 | 3,969,150 | Actual 2014 | 9,899,227 | 5,883,650 | 4,015,577 | 0 | 4,015,577 | N | ||||
9 | Hilton Dallas Rockwall | SMF II | 14,256,147 | 9,958,861 | 4,297,286 | 570,246 | 3,727,040 | 156 | 107 | Actual 2015 | 13,554,180 | 9,762,574 | 3,791,606 | 542,167 | 3,249,439 | 147 | 103 | N |
10 | Lennar Corporate Center | SMF II | 7,314,429 | 3,135,734 | 4,178,695 | 0 | 4,178,695 | Actual 2015 | 6,908,904 | 3,005,668 | 3,903,236 | 0 | 3,903,236 | N | ||||
11 | Courtyard Los Angeles Sherman Oaks | WFB | 15,324,715 | 8,404,299 | 6,920,416 | 0 | 6,920,416 | 201 | 167 | Actual 2015 | 13,898,648 | 7,792,405 | 6,106,243 | 0 | 6,106,243 | 182 | 150 | N |
12 | Lakeside Shopping Center | Barclays | 32,614,789 | 13,589,313 | 19,025,476 | 0 | 19,025,476 | Actual 2015 | 32,405,920 | 13,228,233 | 19,177,687 | 0 | 19,177,687 | N | ||||
13 | Laguna Cliffs Marriott | WFB | 44,629,905 | 32,067,427 | 12,562,478 | 0 | 12,562,478 | 213 | 159 | Actual 2015 | 44,587,198 | 32,513,107 | 12,074,091 | 0 | 12,074,091 | 215 | 160 | N |
14 | One Lakeshore Center | WFB | 3,326,057 | 1,775,848 | 1,550,209 | 0 | 1,550,209 | Actual 2015 | 3,097,083 | 1,697,994 | 1,399,089 | 0 | 1,399,089 | N | ||||
15 | River Park I | SMF II | 3,698,581 | 1,652,641 | 2,045,940 | 501,188 | 1,544,752 | Actual 2015 | 3,994,453 | 1,725,309 | 2,269,144 | 0 | 2,269,144 | N | ||||
16 | Marriott Courtyard Downtown Reno | WFB | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N |
17 | Hidden Valley Office Park | Barclays | 3,174,609 | 1,075,384 | 2,099,225 | 0 | 2,099,225 | Actual 2015 | 3,139,669 | 1,036,313 | 2,103,356 | 0 | 2,103,356 | N | ||||
18 | One Cleveland Center | RMF | 9,651,149 | 6,138,807 | 3,512,342 | 0 | 3,512,342 | Actual 2015 | 8,867,806 | 5,961,490 | 2,906,316 | 0 | 2,906,316 | N | ||||
19 | Foothills Plaza | Barclays | 1,698,851 | 433,298 | 1,265,553 | 0 | 1,265,553 | Actual 2015 | 1,468,583 | 392,830 | 1,075,753 | 0 | 1,075,753 | N | ||||
20 | West College Center | Barclays | 1,533,814 | 339,287 | 1,194,527 | 0 | 1,194,527 | Actual 2015 | 1,060,161 | 256,691 | 803,470 | 0 | 803,470 | N | ||||
21 | Hampton Plaza | Barclays | 1,448,843 | 350,633 | 1,098,211 | 0 | 1,098,211 | Actual 2015 | 1,456,502 | 347,067 | 1,109,436 | 0 | 1,109,436 | N | ||||
22 | Marriott Courtyard Wilkes | WFB | 3,271,667 | 2,050,989 | 1,220,678 | 0 | 1,220,678 | 113 | 76 | Actual 2015 | 3,104,866 | 1,946,154 | 1,158,712 | 0 | 1,158,712 | 108 | 73 | N |
23 | Pangea 18 | SMF II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
23.01 | 5328 West Harrison Street | SMF II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
23.02 | 7754 South Loomis Boulevard | SMF II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
23.03 | 7800 South Morgan Street | SMF II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
23.04 | 404 School Street | SMF II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
23.05 | 7701 South Ashland Avenue | SMF II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
23.06 | 6748 South Blackstone Avenue | SMF II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
23.07 | 5749 West Chicago Avenue | SMF II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
23.08 | 10901 South Vernon Avenue | SMF II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
23.09 | 702 North Waller Avenue | SMF II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
23.1 | 7034 South Claremont Avenue | SMF II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
23.11 | 7927 South Ellis Avenue | SMF II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
23.12 | 2100 South Kildare Avenue | SMF II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
23.13 | 7823 South Euclid Avenue | SMF II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
23.14 | 7938 South Hermitage Avenue | SMF II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
24 | Home2 Suites Little Rock West | WFB | 2,445,489 | 1,315,332 | 1,130,157 | 0 | 1,130,157 | 103 | 71 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N |
25 | Rite Aid Long Beach | SMF II | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
26 | 55 West 19th Street | WFB | 465,005 | 67,075 | 397,930 | 0 | 397,930 | Actual 2015 | 396,996 | 60,024 | 336,972 | 0 | 336,972 | N | ||||
27 | Bond Street Advisors Retail Portfolio | Barclays | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
27.01 | Stampede Crossing | Barclays | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
27.02 | Village at Sandhill | Barclays | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
28 | Melville Corporate Plaza | WFB | 1,681,054 | 953,954 | 727,100 | 0 | 727,100 | Actual 2015 | 1,790,438 | 1,069,098 | 721,340 | 0 | 721,340 | N | ||||
29 | Security Self Storage - Napa | WFB | 690,786 | 143,308 | 547,478 | 0 | 547,478 | Actual 2015 | 573,669 | 283,492 | 290,177 | 0 | 290,177 | N | ||||
30 | The Delta Luxury Apartments | RMF | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
31 | Weeksville Crossing | SMF II | 593,011 | 141,166 | 451,845 | 0 | 451,845 | Actual 2015 | 614,250 | 147,501 | 466,749 | 0 | 466,749 | N | ||||
32 | Chase Bank & Whataburger - Houston | RMF | 301,500 | 0 | 301,500 | 0 | 301,500 | Actual 2015 | 301,500 | 0 | 301,500 | 0 | 301,500 | N | ||||
33 | 421 Germantown Pike | SMF II | 287,638 | 102,604 | 185,034 | 0 | 185,034 | Actual 2015 | 320,192 | 80,104 | 240,088 | 0 | 240,088 | N | ||||
34 | Parkway MHC | SMF II | 427,515 | 123,721 | 303,794 | 0 | 303,794 | Actual 2015 | 416,291 | 121,294 | 294,997 | 0 | 294,997 | N | ||||
35 | Rite Aid Holland | RMF | 472,893 | 0 | 472,893 | 0 | 472,893 | Actual 2015 | 472,893 | 0 | 472,893 | 0 | 472,893 | N | ||||
36 | Collins MHC & Underwood Estates | SMF II | 406,932 | 217,642 | 189,290 | 0 | 189,290 | NAV | NAV | NAV | NAV | NAV | NAV | N | ||||
37 | Country Side Plaza | WFB | 255,298 | 84,195 | 171,103 | 0 | 171,103 | Actual 2015 | 178,620 | 71,887 | 106,733 | 0 | 106,733 | N |
A-1-6
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | Largest Tenant Name(5)(6)(8)(11)(12)(13) | Largest Tenant Sq. Ft. | Largest Tenant % of NRA | Largest Tenant Exp. Date | 2nd Largest Tenant Name(2)(5)(8)(13) | 2nd Largest Tenant Sq. Ft. | 2nd Largest Tenant % of NRA | 2nd Largest Tenant Exp. Date | 3rd Largest Tenant Name(8)(13) | 3rd Largest Tenant Sq. Ft. | 3rd Largest Tenant % of NRA | 3rd Largest Tenant Exp. Date |
1 | One Ally Center | SMF II | Ally Financial Inc. | 316,997 | 32.5% | 12/31/2028 | Clark Hill PLC | 76,869 | 7.9% | 12/31/2029 | Dickinson Wright PLLC | 75,177 | 7.7% | 9/7/2022 |
2 | 16 Court Street | Barclays | The City University of New York | 47,162 | 14.5% | 8/31/2024 | NYC Department of Mental Health | 19,560 | 6.0% | 11/30/2020 | Michael Van Valkenburgh Associates, Inc. | 19,071 | 5.9% | 3/31/2024 |
3 | Logan Town Center | RMF | Boscov’s | 190,000 | 26.5% | 8/31/2026 | Kohl’s | 88,100 | 12.3% | 1/31/2027 | Giant Eagle | 85,778 | 12.0% | 11/30/2026 |
4 | One Century Place | Barclays | Willis North America | 177,351 | 32.9% | 4/30/2026 | Asurion | 105,219 | 19.5% | 12/31/2023 | Sodexo | 61,566 | 11.4% | 8/31/2021 |
5 | Moffett Towers II - Building 2 | Barclays | Amazon | 362,563 | 100.0% | 4/30/2028 | ||||||||
6 | 1601 Bronxdale Avenue | WFB | Parts Authority WAW, LLC | 155,986 | 51.2% | 2/28/2022 | Con Edison | 55,929 | 18.4% | 2/28/2021 | NYSC (TSI Morris Park LLC) | 33,000 | 10.8% | 10/31/2022 |
7 | Bass Pro & Cabela’s Portfolio | WFB | Various | Various | Various | Various | ||||||||
7.01 | Cabela’s Rogers | WFB | Cabela’s | 186,379 | 100.0% | 4/30/2042 | ||||||||
7.02 | Cabela’s Lone Tree | WFB | Cabela’s | 108,077 | 100.0% | 4/30/2042 | ||||||||
7.03 | Bass Pro San Antonio | WFB | Bass Pro | 184,656 | 100.0% | 4/30/2042 | ||||||||
7.04 | Cabela’s Allen | WFB | Cabela’s | 107,329 | 100.0% | 4/30/2042 | ||||||||
7.05 | Cabela’s Lehi | WFB | Cabela’s | 169,713 | 100.0% | 4/30/2042 | ||||||||
7.06 | Bass Pro Tampa | WFB | Bass Pro | 132,734 | 100.0% | 4/30/2042 | ||||||||
7.07 | Cabela’s Hammond | WFB | Cabela’s | 188,745 | 100.0% | 4/30/2042 | ||||||||
7.08 | Bass Pro Round Rock | WFB | Bass Pro | 120,763 | 100.0% | 4/30/2042 | ||||||||
7.09 | Cabela’s Fort Mill | WFB | Cabela’s | 104,476 | 100.0% | 4/30/2042 | ||||||||
7.1 | Cabela’s Wichita | WFB | Cabela’s | 80,699 | 100.0% | 4/30/2042 | ||||||||
7.11 | Cabela’s Owatonna | WFB | Cabela’s | 161,987 | 100.0% | 4/30/2042 | ||||||||
7.12 | Cabela’s Centerville | WFB | Cabela’s | 71,872 | 100.0% | 4/30/2042 | ||||||||
7.13 | Cabela’s Huntsville | WFB | Cabela’s | 82,443 | 100.0% | 4/30/2042 | ||||||||
7.14 | Bass Pro Port St. Lucie | WFB | Bass Pro | 86,637 | 100.0% | 4/30/2042 | ||||||||
7.15 | Cabela’s Waco | WFB | Cabela’s | 43,263 | 100.0% | 4/30/2042 | ||||||||
7.16 | Cabela’s East Grand Forks | WFB | Cabela’s | 66,754 | 100.0% | 4/30/2042 | ||||||||
8 | 150 West Jefferson | SMF II | Miller Canfield Paddock Stone | 69,974 | 14.3% | 6/30/2026 | Starcom | 62,273 | 12.7% | 5/31/2020 | Amazon | 57,636 | 11.8% | 10/31/2024 |
9 | Hilton Dallas Rockwall | SMF II | ||||||||||||
10 | Lennar Corporate Center | SMF II | Lennar Corporation | 183,422 | 63.3% | 3/31/2022 | Farelogix, Inc. | 21,413 | 7.4% | 8/31/2019 | Alliance for Aging, Inc. | 12,413 | 4.3% | 8/31/2024 |
11 | Courtyard Los Angeles Sherman Oaks | WFB | ||||||||||||
12 | Lakeside Shopping Center | Barclays | Dillards | 291,700 | 24.1% | 12/31/2019 | Macy’s | 229,520 | 18.9% | 1/31/2029 | JC Penney | 203,410 | 16.8% | 11/30/2022 |
13 | Laguna Cliffs Marriott | WFB | ||||||||||||
14 | One Lakeshore Center | WFB | Farmers Insurance | 27,049 | 15.3% | 7/31/2018 | Marcus & Millichap | 13,163 | 7.4% | 11/30/2020 | Regus (RGN Ontario) | 12,733 | 7.2% | 8/31/2022 |
15 | River Park I | SMF II | Reimbursement Technologies | 164,613 | 98.2% | 10/31/2029 | Kafe Mona Lisa | 3,050 | 1.8% | 10/31/2018 | ||||
16 | Marriott Courtyard Downtown Reno | WFB | ||||||||||||
17 | Hidden Valley Office Park | Barclays | G2 Web Services | 20,517 | 16.8% | 9/30/2022 | Overlake Hospital Association | 14,762 | 12.1% | 6/30/2029 | Hellam, Varon & Company, Inc. P.S. | 8,806 | 7.2% | 10/31/2023 |
18 | One Cleveland Center | RMF | Baker & Hostetler LLP | 40,054 | 7.4% | 11/30/2026 | Bank of America | 32,817 | 6.0% | 4/30/2026 | Cleveland Metropolitan Bar | 30,331 | 5.6% | 3/31/2025 |
19 | Foothills Plaza | Barclays | Lost World LLC | 27,771 | 23.6% | 8/31/2027 | Lee’s Liquor | 14,000 | 11.9% | 6/30/2031 | ACE Hardware | 8,000 | 6.8% | 11/30/2028 |
20 | West College Center | Barclays | Safeway | 74,400 | 48.4% | 11/30/2031 | Catholic Charities (Restyle Marketplace) | 20,700 | 13.5% | 8/31/2018 | Santa Rosa Uniform and Apparel | 5,000 | 3.3% | 1/31/2021 |
21 | Hampton Plaza | Barclays | Michaels | 25,306 | 20.4% | 7/31/2026 | Books-A-Million | 20,000 | 16.1% | 1/31/2028 | Party City | 15,330 | 12.3% | 1/31/2028 |
22 | Marriott Courtyard Wilkes | WFB | ||||||||||||
23 | Pangea 18 | SMF II | ||||||||||||
23.01 | 5328 West Harrison Street | SMF II | ||||||||||||
23.02 | 7754 South Loomis Boulevard | SMF II | ||||||||||||
23.03 | 7800 South Morgan Street | SMF II | ||||||||||||
23.04 | 404 School Street | SMF II | ||||||||||||
23.05 | 7701 South Ashland Avenue | SMF II | ||||||||||||
23.06 | 6748 South Blackstone Avenue | SMF II | ||||||||||||
23.07 | 5749 West Chicago Avenue | SMF II | ||||||||||||
23.08 | 10901 South Vernon Avenue | SMF II | ||||||||||||
23.09 | 702 North Waller Avenue | SMF II | ||||||||||||
23.1 | 7034 South Claremont Avenue | SMF II | ||||||||||||
23.11 | 7927 South Ellis Avenue | SMF II | ||||||||||||
23.12 | 2100 South Kildare Avenue | SMF II | ||||||||||||
23.13 | 7823 South Euclid Avenue | SMF II | ||||||||||||
23.14 | 7938 South Hermitage Avenue | SMF II | ||||||||||||
24 | Home2 Suites Little Rock West | WFB | ||||||||||||
25 | Rite Aid Long Beach | SMF II | Rite Aid | 14,450 | 100.0% | 10/31/2037 | ||||||||
26 | 55 West 19th Street | WFB | Alfred Club, Inc. | 3,600 | 38.9% | 2/29/2020 | Hwaban Inc. | 2,000 | 21.6% | 5/31/2027 | Breather Products US Inc. | 1,775 | 19.2% | 3/31/2018 |
27 | Bond Street Advisors Retail Portfolio | Barclays | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various |
27.01 | Stampede Crossing | Barclays | Liberty Burger | 2,732 | 20.6% | 9/30/2022 | Garage Living | 2,714 | 20.5% | 6/30/2022 | In Fretta Urban Pizza Bar | 2,500 | 18.9% | 1/31/2027 |
27.02 | Village at Sandhill | Barclays | Smashburger | 2,500 | 35.8% | 5/31/2027 | Title Boxing Club | 2,330 | 33.4% | 7/31/2027 | Smoothie King | 1,080 | 15.5% | 6/30/2027 |
28 | Melville Corporate Plaza | WFB | United Mortgage Corp. | 26,475 | 26.8% | 11/30/2020 | Desi Décor Inc. | 15,494 | 15.7% | 9/30/2027 | Access Staffing | 11,608 | 11.8% | 9/30/2020 |
29 | Security Self Storage - Napa | WFB | ||||||||||||
30 | The Delta Luxury Apartments | RMF | ||||||||||||
31 | Weeksville Crossing | SMF II | Food Lion | 34,928 | 85.3% | 10/2/2027 | No Loose Ends | 1,200 | 2.9% | 8/31/2027 | Nail Salon | 1,200 | 2.9% | 11/30/2023 |
32 | Chase Bank & Whataburger - Houston | RMF | Chase Bank | 4,392 | 58.9% | 11/30/2028 | Whataburger | 3,069 | 41.1% | 7/31/2023 | ||||
33 | 421 Germantown Pike | SMF II | Republic First Bank | 2,820 | 28.9% | 7/31/2022 | Go Wireless Inc. | 2,421 | 24.8% | 12/31/2020 | The Solid Wood Cabinet Company, LLC | 1,674 | 17.1% | 8/31/2022 |
34 | Parkway MHC | SMF II | ||||||||||||
35 | Rite Aid Holland | RMF | Rite Aid | 14,564 | 100.0% | 1/31/2028 | ||||||||
36 | Collins MHC & Underwood Estates | SMF II | ||||||||||||
37 | Country Side Plaza | WFB | Brighter Logistics | 3,600 | 16.5% | 10/31/2021 | Great Lakes Hospital | 3,200 | 14.6% | 4/30/2019 | A & M Party Store Plus L | 2,400 | 11.0% | 1/31/2020 |
A-1-7
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | 4th Largest Tenant Name(8)(13) | 4th Largest Tenant Sq. Ft. | 4th Largest Tenant % of NRA | 4th Largest Tenant Exp. Date | 5th Largest Tenant Name(8)(13) | 5th Largest Tenant Sq. Ft. | 5th Largest Tenant % of NRA | 5th Largest Tenant Exp. Date | Engineering Report Date | Environmental Report Date (Phase I) | Environmental Report Date (Phase II) | Seismic Report Date | Seismic PML % | Seismic Insurance Required (Y/N) |
1 | One Ally Center | SMF II | PricewaterhouseCoopers LLP | 70,184 | 7.2% | 10/31/2023 | Internal Revenue Service | 69,920 | 7.2% | 4/30/2021 | 10/31/2017 | 10/30/2017 | N | |||
2 | 16 Court Street | Barclays | Department of Transportation | 16,198 | 5.0% | 12/10/2017 | Diamond Reporting, Inc. | 14,143 | 4.3% | 2/29/2024 | 9/27/2017 | 6/13/2017 | N | |||
3 | Logan Town Center | RMF | Dicks Sporting Goods | 45,000 | 6.3% | 1/31/2022 | Ashley Furniture | 36,552 | 5.1% | 5/31/2021 | 11/6/2017 | 10/24/2017 | N | |||
4 | One Century Place | Barclays | Tennessee Lottery | 55,962 | 10.4% | 4/30/2025 | Tennessee Valley Authority | 45,807 | 8.5% | 10/31/2023 | 9/29/2017 | 7/6/2017 | N | |||
5 | Moffett Towers II - Building 2 | Barclays | 10/20/2017 | 10/19/2017 | 10/18/2017 | 3.0% | N | |||||||||
6 | 1601 Bronxdale Avenue | WFB | Ace Bag & Burlap Co. | 28,200 | 9.3% | 5/31/2020 | Langsam Property | 13,135 | 4.3% | 8/31/2019 | 10/24/2017 | 11/2/2017 | N | |||
7 | Bass Pro & Cabela’s Portfolio | WFB | Various | Various | Various | Various | N | |||||||||
7.01 | Cabela’s Rogers | WFB | 6/21/2017 | 11/28/2016 | N | |||||||||||
7.02 | Cabela’s Lone Tree | WFB | 6/21/2017 | 11/28/2016 | N | |||||||||||
7.03 | Bass Pro San Antonio | WFB | 4/14/2017 | 4/14/2017 | N | |||||||||||
7.04 | Cabela’s Allen | WFB | 4/7/2017 | 4/7/2017 | N | |||||||||||
7.05 | Cabela’s Lehi | WFB | 4/7/2017 | 4/7/2017 | 4/7/2017 | 6.0% | N | |||||||||
7.06 | Bass Pro Tampa | WFB | 4/14/2017 | 4/14/2017 | N | |||||||||||
7.07 | Cabela’s Hammond | WFB | 4/7/2017 | 4/7/2017 | N | |||||||||||
7.08 | Bass Pro Round Rock | WFB | 4/14/2017 | 4/14/2017 | N | |||||||||||
7.09 | Cabela’s Fort Mill | WFB | 6/21/2017 | 11/28/2016 | N | |||||||||||
7.1 | Cabela’s Wichita | WFB | 6/21/2017 | 11/28/2016 | N | |||||||||||
7.11 | Cabela’s Owatonna | WFB | 4/14/2017 | 4/7/2017 | N | |||||||||||
7.12 | Cabela’s Centerville | WFB | 6/21/2017 | 11/28/2016 | N | |||||||||||
7.13 | Cabela’s Huntsville | WFB | 6/21/2017 | 11/28/2016 | N | |||||||||||
7.14 | Bass Pro Port St. Lucie | WFB | 4/14/2017 | 4/14/2017 | N | |||||||||||
7.15 | Cabela’s Waco | WFB | 6/21/2017 | 11/28/2016 | N | |||||||||||
7.16 | Cabela’s East Grand Forks | WFB | 4/7/2017 | 4/7/2017 | N | |||||||||||
8 | 150 West Jefferson | SMF II | Lochbridge | 48,915 | 10.0% | 2/28/2027 | Butzel Long | 48,669 | 9.9% | 7/31/2022 | 8/25/2017 | 8/24/2017 | N | |||
9 | Hilton Dallas Rockwall | SMF II | 9/19/2017 | 9/19/2017 | N | |||||||||||
10 | Lennar Corporate Center | SMF II | The Young Men’s Christian Association of South Florida, Inc. | 11,002 | 3.8% | 11/30/2020 | International Rescue Committee, Inc. | 6,775 | 2.3% | 3/31/2020 | 8/28/2017 | 8/28/2017 | N | |||
11 | Courtyard Los Angeles Sherman Oaks | WFB | 11/3/2017 | 11/6/2017 | 11/7/2017 | 23.0% | Y | |||||||||
12 | Lakeside Shopping Center | Barclays | Dick’s Sporting Goods | 36,667 | 3.0% | 1/31/2021 | Zara | 34,722 | 2.9% | 4/30/2028 | 6/12/2017 | 6/13/2017 | N | |||
13 | Laguna Cliffs Marriott | WFB | 10/30/2017 | 10/30/2017 | 10/30/2017 | Hotel-14%; Parking-9% | N | |||||||||
14 | One Lakeshore Center | WFB | McCune Wright LLP | 11,404 | 6.4% | 1/31/2022 | Body Contour Centers | 10,771 | 6.1% | 1/31/2028 | 9/5/2017 | 9/5/2017 | 9/5/2017 | 18.0% | N | |
15 | River Park I | SMF II | 11/15/2017 | 11/2/2017 | N | |||||||||||
16 | Marriott Courtyard Downtown Reno | WFB | 9/12/2017 | 9/12/2017 | 9/11/2017 | 7.0% | N | |||||||||
17 | Hidden Valley Office Park | Barclays | Swedish Medical Center | 7,281 | 6.0% | 1/31/2022 | Guske & Company, Inc. | 3,911 | 3.2% | 10/31/2025 | 10/30/2017 | 10/24/2017 | 10/27/2017 | 13.0% | N | |
18 | One Cleveland Center | RMF | Buckingham Doolittle Burroughs | 28,896 | 5.3% | 4/30/2028 | Cleveland Research Company, LLC | 27,973 | 5.1% | 3/31/2022 | 8/17/2017 | 8/14/2017 | N | |||
19 | Foothills Plaza | Barclays | Henderson Pet Resort | 7,959 | 6.7% | 7/31/2021 | Timbers Tavern | 5,800 | 4.9% | 7/31/2021 | 8/9/2017 | 7/12/2017 | N | |||
20 | West College Center | Barclays | Union Hotel Pizza & Pasta Company | 3,255 | 2.1% | 4/30/2018 | Dollar Drug Pharmacy | 3,120 | 2.0% | 4/30/2019 | 10/12/2017 | 10/12/2017 | 10/12/2017 | 17.0% | N | |
21 | Hampton Plaza | Barclays | Ulta Salon | 11,000 | 8.9% | 6/30/2023 | Kirkland’s | 10,000 | 8.0% | 1/31/2021 | 10/10/2017 | 10/9/2017 | N | |||
22 | Marriott Courtyard Wilkes | WFB | 9/25/2017 | 9/25/2017 | N | |||||||||||
23 | Pangea 18 | SMF II | 11/3/2017 | Various | N | |||||||||||
23.01 | 5328 West Harrison Street | SMF II | 11/3/2017 | 11/6/2017 | N | |||||||||||
23.02 | 7754 South Loomis Boulevard | SMF II | 11/3/2017 | 11/6/2017 | N | |||||||||||
23.03 | 7800 South Morgan Street | SMF II | 11/3/2017 | 11/6/2017 | N | |||||||||||
23.04 | 404 School Street | SMF II | 11/3/2017 | 11/3/2017 | N | |||||||||||
23.05 | 7701 South Ashland Avenue | SMF II | 11/3/2017 | 11/6/2017 | N | |||||||||||
23.06 | 6748 South Blackstone Avenue | SMF II | 11/3/2017 | 11/3/2017 | N | |||||||||||
23.07 | 5749 West Chicago Avenue | SMF II | 11/3/2017 | 11/6/2017 | N | |||||||||||
23.08 | 10901 South Vernon Avenue | SMF II | 11/3/2017 | 11/6/2017 | N | |||||||||||
23.09 | 702 North Waller Avenue | SMF II | 11/3/2017 | 11/3/2017 | N | |||||||||||
23.1 | 7034 South Claremont Avenue | SMF II | 11/3/2017 | 11/3/2017 | N | |||||||||||
23.11 | 7927 South Ellis Avenue | SMF II | 11/3/2017 | 11/6/2017 | N | |||||||||||
23.12 | 2100 South Kildare Avenue | SMF II | 11/3/2017 | 11/3/2017 | N | |||||||||||
23.13 | 7823 South Euclid Avenue | SMF II | 11/3/2017 | 11/3/2017 | N | |||||||||||
23.14 | 7938 South Hermitage Avenue | SMF II | 11/3/2017 | 11/3/2017 | N | |||||||||||
24 | Home2 Suites Little Rock West | WFB | 8/11/2017 | 8/11/2017 | N | |||||||||||
25 | Rite Aid Long Beach | SMF II | 9/19/2017 | 9/19/2017 | 9/19/2017 | 10.0% | N | |||||||||
26 | 55 West 19th Street | WFB | Infinity Sports Medicine Rehab | 1,675 | 18.1% | 10/31/2021 | D Worth LLC | 200 | 2.2% | 11/30/2019 | 10/10/2017 | 10/10/2017 | N | |||
27 | Bond Street Advisors Retail Portfolio | Barclays | Various | Various | Various | Various | Various | Various | Various | Various | 10/3/2017 | 10/3/2017 | N | |||
27.01 | Stampede Crossing | Barclays | Today’s Vision | 2,200 | 16.6% | 3/31/2027 | UPS | 1,600 | 12.1% | 7/31/2027 | 10/3/2017 | 10/3/2017 | N | |||
27.02 | Village at Sandhill | Barclays | 10/3/2017 | 10/3/2017 | N | |||||||||||
28 | Melville Corporate Plaza | WFB | G J Construction Services NY LLC | 10,716 | 10.9% | 9/30/2027 | East Cost Capital Corp. | 8,756 | 8.9% | 8/31/2023 | 10/11/2017 | 7/26/2017 | N | |||
29 | Security Self Storage - Napa | WFB | 10/30/2017 | 10/26/2017 | 10/31/2017 | 13.0% | N | |||||||||
30 | The Delta Luxury Apartments | RMF | 9/11/2017 | 9/11/2017 | N | |||||||||||
31 | Weeksville Crossing | SMF II | China Garden | 1,200 | 2.9% | 12/31/2029 | 10/10/2017 | 9/25/2017 | N | |||||||
32 | Chase Bank & Whataburger - Houston | RMF | 9/15/2017 | 9/15/2017 | N | |||||||||||
33 | 421 Germantown Pike | SMF II | Starbucks | 1,480 | 15.1% | 3/31/2021 | Salad Society | 1,378 | 14.1% | 9/30/2022 | 10/24/2017 | 10/24/2017 | N | |||
34 | Parkway MHC | SMF II | 10/2/2017 | 10/2/2017 | 10/2/2017 | 10.0% | N | |||||||||
35 | Rite Aid Holland | RMF | 10/4/2017 | 10/4/2017 | N | |||||||||||
36 | Collins MHC & Underwood Estates | SMF II | 10/10/2017 | 10/10/2017 | N | |||||||||||
37 | Country Side Plaza | WFB | Charity Music 15th | 2,100 | 9.6% | 10/31/2018 | Ginos Café | 1,200 | 5.5% | 5/31/2018 | 10/25/2017 | 8/24/2016 | 11/17/2016 | N |
A-1-8
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | Terrorism Insurance (Y/N) | Loan Purpose | Engineering Escrow / Deferred Maintenance ($) | Tax Escrow (Initial) | Monthly Tax Escrow ($) | Tax Escrow - Cash or LoC | Tax Escrow - LoC Counterparty | Insurance Escrow (Initial) | Monthly Insurance Escrow ($) | Insurance Escrow - Cash or LoC | Insurance Escrow - LoC Counterparty | Upfront Replacement Reserve ($) | Monthly Replacement Reserve ($)(14) | Replacement Reserve Cap ($) | Replacement Reserve Escrow - Cash or LoC | Replacement Reserve Escrow - LoC Counterparty | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($)(15) |
1 | One Ally Center | SMF II | Y | Refinance | 752,123 | 500,000 | 347,042 | Cash | 332,498 | 26,499 | Cash | 0 | 16,325 | 500,000 | Cash | 0 | Springing | |||
2 | 16 Court Street | Barclays | Y | Acquisition | 0 | 0 | Springing | 0 | Springing | 0 | 5,438 | 0 | Cash | 0 | 27,190 | |||||
3 | Logan Town Center | RMF | Y | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | Springing | ||||||
4 | One Century Place | Barclays | Y | Acquisition | 0 | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | Springing | ||||||
5 | Moffett Towers II - Building 2 | Barclays | Y | Refinance | 0 | 0 | 111,859 | Cash | 0 | Springing | 0 | 0 | 0 | 0 | 0 | |||||
6 | 1601 Bronxdale Avenue | WFB | Y | Refinance | 72,175 | 0 | 88,367 | Cash | 67,773 | 7,531 | Cash | 0 | 3,952 | 0 | Cash | 0 | 19,758; Springing | |||
7 | Bass Pro & Cabela’s Portfolio | WFB | Y | Acquisition | 0 | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | Springing | ||||||
7.01 | Cabela’s Rogers | WFB | Y | |||||||||||||||||
7.02 | Cabela’s Lone Tree | WFB | Y | |||||||||||||||||
7.03 | Bass Pro San Antonio | WFB | Y | |||||||||||||||||
7.04 | Cabela’s Allen | WFB | Y | |||||||||||||||||
7.05 | Cabela’s Lehi | WFB | Y | |||||||||||||||||
7.06 | Bass Pro Tampa | WFB | Y | |||||||||||||||||
7.07 | Cabela’s Hammond | WFB | Y | |||||||||||||||||
7.08 | Bass Pro Round Rock | WFB | Y | |||||||||||||||||
7.09 | Cabela’s Fort Mill | WFB | Y | |||||||||||||||||
7.1 | Cabela’s Wichita | WFB | Y | |||||||||||||||||
7.11 | Cabela’s Owatonna | WFB | Y | |||||||||||||||||
7.12 | Cabela’s Centerville | WFB | Y | |||||||||||||||||
7.13 | Cabela’s Huntsville | WFB | Y | |||||||||||||||||
7.14 | Bass Pro Port St. Lucie | WFB | Y | |||||||||||||||||
7.15 | Cabela’s Waco | WFB | Y | |||||||||||||||||
7.16 | Cabela’s East Grand Forks | WFB | Y | |||||||||||||||||
8 | 150 West Jefferson | SMF II | Y | Refinance | 0 | 211,608 | 147,803 | Cash | 25,723 | 6,431 | Cash | 0 | 8,164 | 0 | Cash | 0 | 40,816; Springing | |||
9 | Hilton Dallas Rockwall | SMF II | Y | Acquisition | 0 | 0 | 52,971 | Cash | 77,197 | 7,018 | Cash | 0 | 47,680 | 0 | Cash | 0 | 0 | |||
10 | Lennar Corporate Center | SMF II | Y | Acquisition | 0 | 719,692 | 59,974 | Cash | 34,021 | 17,010 | Cash | 0 | 5,214 | 0 | Cash | 0 | 72,497; Springing | |||
11 | Courtyard Los Angeles Sherman Oaks | WFB | Y | Refinance | 0 | 63,960 | 21,320 | Cash | 70,734 | 23,578 | Cash | 0 | 52,178 | 0 | Cash | 0 | 0 | |||
12 | Lakeside Shopping Center | Barclays | Y | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | Springing | ||||||
13 | Laguna Cliffs Marriott | WFB | Y | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | 197,783 | 0 | Cash | 0 | 0 | |||||
14 | One Lakeshore Center | WFB | Y | Acquisition | 0 | 99,810 | 33,270 | Cash | 9,194 | 4,597 | Cash | 0 | 7,073 | 0 | Cash | 500,000 | 22,102 | |||
15 | River Park I | SMF II | Y | Acquisition | 0 | 107,943 | 27,944 | Cash | 29,345 | 3,668 | Cash | 0 | 3,743 | 0 | Cash | 0 | 0 | |||
16 | Marriott Courtyard Downtown Reno | WFB | Y | Refinance | 0 | 34,581 | 11,527 | Cash | 0 | Springing | 0 | 25,373 | 0 | Cash | 0 | 0 | ||||
17 | Hidden Valley Office Park | Barclays | Y | Refinance | 0 | 0 | 22,589 | Cash | 0 | Springing | 1,000,000 | 0 | 0 | Cash | 255,240 | 0 | ||||
18 | One Cleveland Center | RMF | Y | Refinance | 0 | 703,193 | 175,798 | Cash | 53,325 | 8,888 | Cash | 0 | 6,803 | 1,000,000 | Cash | 0 | 45,354 | |||
19 | Foothills Plaza | Barclays | Y | Refinance | 0 | 0 | 4,497 | Cash | 0 | Springing | 337,537 | 1,474 | 0 | Cash | 0 | 9,826 | ||||
20 | West College Center | Barclays | Y | Refinance | 105,375 | 19,393 | 9,697 | Cash | 53,325 | Springing | Cash | 618,000 | 1,922 | 0 | Cash | 180,136 | 7,688 | |||
21 | Hampton Plaza | Barclays | Y | Acquisition | 0 | 0 | 13,123 | Cash | 0 | Springing | 0 | 1,553 | 93,195 | Cash | 0 | 10,355 | ||||
22 | Marriott Courtyard Wilkes | WFB | Y | Acquisition | 0 | 45,555 | 11,390 | Cash | 0 | Springing | 0 | Springing | 0 | 0 | 0 | |||||
23 | Pangea 18 | SMF II | Y | Recapitalization | 0 | 57,848 | 11,570 | Cash | 26,014 | 3,252 | Cash | 0 | 3,979 | 143,250 | Cash | 0 | 0 | |||
23.01 | 5328 West Harrison Street | SMF II | Y | |||||||||||||||||
23.02 | 7754 South Loomis Boulevard | SMF II | Y | |||||||||||||||||
23.03 | 7800 South Morgan Street | SMF II | Y | |||||||||||||||||
23.04 | 404 School Street | SMF II | Y | |||||||||||||||||
23.05 | 7701 South Ashland Avenue | SMF II | Y | |||||||||||||||||
23.06 | 6748 South Blackstone Avenue | SMF II | Y | |||||||||||||||||
23.07 | 5749 West Chicago Avenue | SMF II | Y | |||||||||||||||||
23.08 | 10901 South Vernon Avenue | SMF II | Y | |||||||||||||||||
23.09 | 702 North Waller Avenue | SMF II | Y | |||||||||||||||||
23.1 | 7034 South Claremont Avenue | SMF II | Y | |||||||||||||||||
23.11 | 7927 South Ellis Avenue | SMF II | Y | |||||||||||||||||
23.12 | 2100 South Kildare Avenue | SMF II | Y | |||||||||||||||||
23.13 | 7823 South Euclid Avenue | SMF II | Y | |||||||||||||||||
23.14 | 7938 South Hermitage Avenue | SMF II | Y | |||||||||||||||||
24 | Home2 Suites Little Rock West | WFB | Y | Refinance | 0 | 22,200 | 7,402 | Cash | 18,461 | 2,637 | Cash | 0 | 9,371 | 0 | Cash | 0 | 0 | |||
25 | Rite Aid Long Beach | SMF II | Y | Acquisition | 0 | 0 | Springing | 909 | 303 | Cash | 0 | 0 | 0 | 0 | 0 | |||||
26 | 55 West 19th Street | WFB | Y | Refinance | 0 | 6,700 | 6,700 | Cash | 1,174 | 1,174 | Cash | 0 | 154 | 0 | Cash | 50,000 | 2,137 | |||
27 | Bond Street Advisors Retail Portfolio | Barclays | Y | Acquisition | 0 | 0 | 15,659 | Cash | 0 | Springing | 19,500 | Springing | 6,500 | Cash | 274,280 | Springing | ||||
27.01 | Stampede Crossing | Barclays | Y | |||||||||||||||||
27.02 | Village at Sandhill | Barclays | Y | |||||||||||||||||
28 | Melville Corporate Plaza | WFB | Y | Acquisition | 45,241 | 181,158 | 30,193 | Cash | 3,394 | 3,394 | Cash | 0 | 2,383 | 0 | Cash | 0 | 10,486 | |||
29 | Security Self Storage - Napa | WFB | Y | Acquisition | 0 | 8,310 | 2,770 | Cash | 0 | Springing | 0 | 457; Springing | 10,968 | Cash | 0 | 0 | ||||
30 | The Delta Luxury Apartments | RMF | Y | Refinance | 0 | 28,560 | 5,440 | Cash | 3,788 | 1,202 | Cash | 0 | 667 | 40,020 | Cash | 0 | 0 | |||
31 | Weeksville Crossing | SMF II | Y | Refinance | 0 | 11,577 | 3,859 | Cash | 9,799 | 1,089 | Cash | 0 | 512 | 0 | Cash | 0 | Springing | |||
32 | Chase Bank & Whataburger - Houston | RMF | Y | Acquisition | 0 | 0 | Springing | 883 | Springing | Cash | 0 | Springing | 0 | 0 | 404 | |||||
33 | 421 Germantown Pike | SMF II | Y | Acquisition | 11,250 | 9,140 | 1,877 | Cash | 2,368 | 182 | Cash | 0 | 163 | 0 | Cash | 0 | 814 | |||
34 | Parkway MHC | SMF II | Y | Refinance | 0 | 1,583 | 1,583 | Cash | 1,031 | 499 | Cash | 0 | 300 | 15,000 | Cash | 0 | 0 | |||
35 | Rite Aid Holland | RMF | Y | Acquisition | 0 | 0 | Springing | 0 | Springing | 0 | 158 | 0 | Cash | 0 | 1,821 | |||||
36 | Collins MHC & Underwood Estates | SMF II | Y | Acquisition | 0 | 39,591 | 6,358 | Cash | 921 | 460 | Cash | 0 | 446 | 0 | Cash | 0 | 0 | |||
37 | Country Side Plaza | WFB | Y | Refinance | 0 | 10,985 | 2,197 | Cash | 2,096 | 456 | Cash | 50,000 | 437; Springing | 50,000 | Cash | 100,000 | 1,637; Springing |
A-1-9
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | TI/LC Reserve Cap ($) | TI/LC Escrow - Cash or LoC | TI/LC Escrow - LoC Counterparty | Debt Service Escrow (Initial) ($) | Debt Service Escrow (Monthly) ($) | Debt Service Escrow - Cash or LoC | Debt Service Escrow - LoC Counterparty | Other Escrow I Reserve Description | Other Escrow I (Initial) ($)(5)(8) | Other Escrow I (Monthly) ($)(16)(17) | Other Escrow I Cap ($) | Other Escrow I Escrow - Cash or LoC |
1 | One Ally Center | SMF II | 0 | 0 | 0 | Ground Rent Reserve | 214,630 | 214,630 | 0 | Cash | ||||
2 | 16 Court Street | Barclays | 0 | Cash | 0 | 0 | Sprinkler Work Reserve | 3,347,154 | 0 | 0 | Cash | |||
3 | Logan Town Center | RMF | 1,789,478 | 0 | 0 | 0 | 0 | 0 | ||||||
4 | One Century Place | Barclays | 0 | 0 | 0 | Elevator Upgrades Repair Reserve | 2,455,896 | 0 | 0 | Cash | ||||
5 | Moffett Towers II - Building 2 | Barclays | 0 | 1,000,000 | 0 | Cash | Upfront TI/LC Funds ($19,433,495); Rent Concession Funds ($8,332,337) | 27,765,832 | Springing | 0 | Cash | |||
6 | 1601 Bronxdale Avenue | WFB | 1,000,000 | Cash | 0 | 0 | 0 | 0 | 0 | |||||
7 | Bass Pro & Cabela’s Portfolio | WFB | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
7.01 | Cabela’s Rogers | WFB | ||||||||||||
7.02 | Cabela’s Lone Tree | WFB | ||||||||||||
7.03 | Bass Pro San Antonio | WFB | ||||||||||||
7.04 | Cabela’s Allen | WFB | ||||||||||||
7.05 | Cabela’s Lehi | WFB | ||||||||||||
7.06 | Bass Pro Tampa | WFB | ||||||||||||
7.07 | Cabela’s Hammond | WFB | ||||||||||||
7.08 | Bass Pro Round Rock | WFB | ||||||||||||
7.09 | Cabela’s Fort Mill | WFB | ||||||||||||
7.1 | Cabela’s Wichita | WFB | ||||||||||||
7.11 | Cabela’s Owatonna | WFB | ||||||||||||
7.12 | Cabela’s Centerville | WFB | ||||||||||||
7.13 | Cabela’s Huntsville | WFB | ||||||||||||
7.14 | Bass Pro Port St. Lucie | WFB | ||||||||||||
7.15 | Cabela’s Waco | WFB | ||||||||||||
7.16 | Cabela’s East Grand Forks | WFB | ||||||||||||
8 | 150 West Jefferson | SMF II | 2,250,000 | Cash | 0 | 0 | Outstanding TI Reserve | 847,672 | 0 | 0 | Cash | |||
9 | Hilton Dallas Rockwall | SMF II | 0 | 0 | 0 | PIP Reserve | 2,000,000 | 0 | 0 | Cash | ||||
10 | Lennar Corporate Center | SMF II | 3,000,000 | Cash | 0 | 0 | Outstanding TI/LCs ($454,461); Rent Concession Reserve ($159,186); Roof Reserve ($132,000) | 745,647 | 0 | 0 | Cash | |||
11 | Courtyard Los Angeles Sherman Oaks | WFB | 0 | 0 | 0 | PIP Reserve | 0 | Springing | 0 | |||||
12 | Lakeside Shopping Center | Barclays | 0 | 0 | 0 | Ground Rent Reserve | 0 | Springing | 0 | |||||
13 | Laguna Cliffs Marriott | WFB | 0 | 0 | 0 | PIP Reserve | 13,520,759 | Springing | 0 | Cash | ||||
14 | One Lakeshore Center | WFB | 500,000 | Cash | 0 | 0 | Rent Concession Reserve | 37,854 | 0 | 0 | Cash | |||
15 | River Park I | SMF II | 0 | 0 | 0 | RTI TI Reserve ($3,446,661); RTI Free Rent Reserve ($154,495); HVAC Replacement Reserve ($574,792) | 4,175,948 | 0 | 0 | Cash | ||||
16 | Marriott Courtyard Downtown Reno | WFB | 0 | 0 | 0 | PIP Reserve | 0 | Springing | 0 | |||||
17 | Hidden Valley Office Park | Barclays | 0 | Cash | 0 | 0 | Rent Concessions Reserve Fund | 531,350 | 0 | 0 | Cash | |||
18 | One Cleveland Center | RMF | 4,000,000 | Cash | 0 | 0 | Unfunded TI/LC Funds | 2,662,556 | 0 | 0 | Cash | |||
19 | Foothills Plaza | Barclays | 400,000 | Cash | 0 | 0 | Outstanding TI Reserve Fund | 184,586 | 0 | 0 | Cash | |||
20 | West College Center | Barclays | 277,000 | Cash | 0 | 0 | 0 | 0 | 0 | |||||
21 | Hampton Plaza | Barclays | 497,040 | Cash | 0 | 0 | Designated Tenant TI/LC Fund | 176,295 | 0 | 0 | Cash | |||
22 | Marriott Courtyard Wilkes | WFB | 0 | 0 | 0 | PIP Reserve | 350,000 | 12,250 | 0 | Cash | ||||
23 | Pangea 18 | SMF II | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
23.01 | 5328 West Harrison Street | SMF II | ||||||||||||
23.02 | 7754 South Loomis Boulevard | SMF II | ||||||||||||
23.03 | 7800 South Morgan Street | SMF II | ||||||||||||
23.04 | 404 School Street | SMF II | ||||||||||||
23.05 | 7701 South Ashland Avenue | SMF II | ||||||||||||
23.06 | 6748 South Blackstone Avenue | SMF II | ||||||||||||
23.07 | 5749 West Chicago Avenue | SMF II | ||||||||||||
23.08 | 10901 South Vernon Avenue | SMF II | ||||||||||||
23.09 | 702 North Waller Avenue | SMF II | ||||||||||||
23.1 | 7034 South Claremont Avenue | SMF II | ||||||||||||
23.11 | 7927 South Ellis Avenue | SMF II | ||||||||||||
23.12 | 2100 South Kildare Avenue | SMF II | ||||||||||||
23.13 | 7823 South Euclid Avenue | SMF II | ||||||||||||
23.14 | 7938 South Hermitage Avenue | SMF II | ||||||||||||
24 | Home2 Suites Little Rock West | WFB | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
25 | Rite Aid Long Beach | SMF II | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
26 | 55 West 19th Street | WFB | 70,000 | Cash | 0 | 0 | Hwaban Rent Reserve | 25,000 | Springing | 0 | Cash | |||
27 | Bond Street Advisors Retail Portfolio | Barclays | 0 | Cash | 0 | 0 | 0 | 0 | 0 | |||||
27.01 | Stampede Crossing | Barclays | ||||||||||||
27.02 | Village at Sandhill | Barclays | ||||||||||||
28 | Melville Corporate Plaza | WFB | 200,000 | Cash | 170,000 | 0 | Cash | Springing United Mortgage Reserve | 0 | Springing | 0 | |||
29 | Security Self Storage - Napa | WFB | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
30 | The Delta Luxury Apartments | RMF | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
31 | Weeksville Crossing | SMF II | 0 | 0 | 0 | Food Lion Repair Reserve | 22,268 | 0 | 0 | Cash | ||||
32 | Chase Bank & Whataburger - Houston | RMF | 0 | Cash | 0 | 0 | 0 | 0 | 0 | |||||
33 | 421 Germantown Pike | SMF II | 0 | Cash | 0 | 0 | Salad Society and Solid Wood Cabinet Rent Reserve | 43,057 | 0 | 0 | Cash | |||
34 | Parkway MHC | SMF II | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
35 | Rite Aid Holland | RMF | 0 | Cash | 0 | 0 | 0 | 0 | 0 | |||||
36 | Collins MHC & Underwood Estates | SMF II | 0 | 0 | 0 | Performance Reserve | 150,000 | 0 | 0 | Cash | ||||
37 | Country Side Plaza | WFB | 100,000 | Cash | 0 | 0 | 0 | 0 | 0 |
A-1-10
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | Other Escrow I - LoC Counterparty | Other Escrow II Reserve Description | Other Escrow II (Initial) ($)(8) | Other Escrow II (Monthly) ($)(17) | Other Escrow II Cap ($) | Other Escrow II Escrow - Cash or LoC | Other Escrow II - LoC Counterparty | Holdback(6) | Ownership Interest |
1 | One Ally Center | SMF II | 0 | 0 | 0 | Leasehold | |||||
2 | 16 Court Street | Barclays | Free Rent Reserve ($485,028); Outstanding TI/LC Reserve ($141,392) | 626,419 | 0 | 0 | Cash | Fee | |||
3 | Logan Town Center | RMF | 0 | 0 | 0 | Fee | |||||
4 | One Century Place | Barclays | Wills Rollover Reserve; Willis Tenant TI Allowance Reserve | 0 | Springing | 0 | Fee | ||||
5 | Moffett Towers II - Building 2 | Barclays | Parking Reserve ($2,700,000); Amenities Reserve ($286,310.4) | 2,986,310 | Springing | 0 | Cash | Fee | |||
6 | 1601 Bronxdale Avenue | WFB | 0 | 0 | 0 | Fee | |||||
7 | Bass Pro & Cabela’s Portfolio | WFB | 0 | 0 | 0 | Fee | |||||
7.01 | Cabela’s Rogers | WFB | Fee | ||||||||
7.02 | Cabela’s Lone Tree | WFB | Fee | ||||||||
7.03 | Bass Pro San Antonio | WFB | Fee | ||||||||
7.04 | Cabela’s Allen | WFB | Fee | ||||||||
7.05 | Cabela’s Lehi | WFB | Fee | ||||||||
7.06 | Bass Pro Tampa | WFB | Fee | ||||||||
7.07 | Cabela’s Hammond | WFB | Fee | ||||||||
7.08 | Bass Pro Round Rock | WFB | Fee | ||||||||
7.09 | Cabela’s Fort Mill | WFB | Fee | ||||||||
7.1 | Cabela’s Wichita | WFB | Fee | ||||||||
7.11 | Cabela’s Owatonna | WFB | Fee | ||||||||
7.12 | Cabela’s Centerville | WFB | Fee | ||||||||
7.13 | Cabela’s Huntsville | WFB | Fee | ||||||||
7.14 | Bass Pro Port St. Lucie | WFB | Fee | ||||||||
7.15 | Cabela’s Waco | WFB | Fee | ||||||||
7.16 | Cabela’s East Grand Forks | WFB | Fee | ||||||||
8 | 150 West Jefferson | SMF II | 0 | 0 | 0 | Fee | |||||
9 | Hilton Dallas Rockwall | SMF II | 0 | 0 | 0 | Fee | |||||
10 | Lennar Corporate Center | SMF II | 0 | 0 | 0 | Fee | |||||
11 | Courtyard Los Angeles Sherman Oaks | WFB | Insurance Deductible Reserve | 0 | Springing | 0 | Fee | ||||
12 | Lakeside Shopping Center | Barclays | Tenant Specific TILC ($7,606,095); Rent Concession Reserve ($1,214,427) | 8,820,522 | 0 | 0 | Cash | Fee and Leasehold | |||
13 | Laguna Cliffs Marriott | WFB | 0 | 0 | 0 | Fee | |||||
14 | One Lakeshore Center | WFB | Springing Farmers Reserve | 0 | Springing | 0 | Fee | ||||
15 | River Park I | SMF II | 0 | 0 | 0 | Fee | |||||
16 | Marriott Courtyard Downtown Reno | WFB | Springing Seasonality Reserve | 0 | Springing | 0 | Fee | ||||
17 | Hidden Valley Office Park | Barclays | 0 | 0 | 0 | Fee | |||||
18 | One Cleveland Center | RMF | Free Rent Reserve Funds ($976,668); Bellwether Lease Termination Funds ($592,650) | 1,569,318 | 0 | 0 | Cash | Fee | |||
19 | Foothills Plaza | Barclays | 0 | 0 | 0 | 3,200,000 | Fee | ||||
20 | West College Center | Barclays | 0 | 0 | 0 | Fee | |||||
21 | Hampton Plaza | Barclays | Rent Abatement Reserve Fund | 33,491 | 0 | 0 | Cash | Fee | |||
22 | Marriott Courtyard Wilkes | WFB | 0 | 0 | 0 | Fee | |||||
23 | Pangea 18 | SMF II | 0 | 0 | 0 | Fee | |||||
23.01 | 5328 West Harrison Street | SMF II | Fee | ||||||||
23.02 | 7754 South Loomis Boulevard | SMF II | Fee | ||||||||
23.03 | 7800 South Morgan Street | SMF II | Fee | ||||||||
23.04 | 404 School Street | SMF II | Fee | ||||||||
23.05 | 7701 South Ashland Avenue | SMF II | Fee | ||||||||
23.06 | 6748 South Blackstone Avenue | SMF II | Fee | ||||||||
23.07 | 5749 West Chicago Avenue | SMF II | Fee | ||||||||
23.08 | 10901 South Vernon Avenue | SMF II | Fee | ||||||||
23.09 | 702 North Waller Avenue | SMF II | Fee | ||||||||
23.1 | 7034 South Claremont Avenue | SMF II | Fee | ||||||||
23.11 | 7927 South Ellis Avenue | SMF II | Fee | ||||||||
23.12 | 2100 South Kildare Avenue | SMF II | Fee | ||||||||
23.13 | 7823 South Euclid Avenue | SMF II | Fee | ||||||||
23.14 | 7938 South Hermitage Avenue | SMF II | Fee | ||||||||
24 | Home2 Suites Little Rock West | WFB | 0 | 0 | 0 | Fee | |||||
25 | Rite Aid Long Beach | SMF II | 0 | 0 | 0 | Fee | |||||
26 | 55 West 19th Street | WFB | Tenant Specific TILC Reserve | 420,000 | 0 | 0 | Cash | Springing $2,450,000 deposit if by 12/1/2020, Hwaban (or any replacement tenant) is not in occupancy open for business, is not paying full unabated rent for at least three consecutive months and all TILCs have not been paid | Fee | ||
27 | Bond Street Advisors Retail Portfolio | Barclays | 0 | 0 | 0 | Fee | |||||
27.01 | Stampede Crossing | Barclays | Fee | ||||||||
27.02 | Village at Sandhill | Barclays | Fee | ||||||||
28 | Melville Corporate Plaza | WFB | Rent Concession Reserve | 49,789 | 0 | 0 | Cash | Fee | |||
29 | Security Self Storage - Napa | WFB | 0 | 0 | 0 | Fee | |||||
30 | The Delta Luxury Apartments | RMF | 0 | 0 | 0 | Fee | |||||
31 | Weeksville Crossing | SMF II | 0 | 0 | 0 | Fee | |||||
32 | Chase Bank & Whataburger - Houston | RMF | 0 | 0 | 0 | Fee | |||||
33 | 421 Germantown Pike | SMF II | 0 | 0 | 0 | Fee | |||||
34 | Parkway MHC | SMF II | 0 | 0 | 0 | Fee | |||||
35 | Rite Aid Holland | RMF | 0 | 0 | 0 | Fee | |||||
36 | Collins MHC & Underwood Estates | SMF II | 0 | 0 | 0 | Fee | |||||
37 | Country Side Plaza | WFB | 0 | 0 | 0 | Fee |
A-1-11
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | Ground Lease Initial Expiration Date | Annual Ground Rent Payment | Annual Ground Rent Increases |
1 | One Ally Center | SMF II | 3/31/2114 | $2,575,563 | Increases annually by 1.5%. Upon the 10th anniversary of the commencement date and every 10th anniversary thereafter, the rent increases by the greater of (i) 1.5% over the prior year or (ii) the ratio of the then current CPI over the CPI from the prior 10-year period capped at 1.2x the rent paid at the beginning of the applicable 10-year period. |
2 | 16 Court Street | Barclays | |||
3 | Logan Town Center | RMF | |||
4 | One Century Place | Barclays | |||
5 | Moffett Towers II - Building 2 | Barclays | |||
6 | 1601 Bronxdale Avenue | WFB | |||
7 | Bass Pro & Cabela’s Portfolio | WFB | |||
7.01 | Cabela’s Rogers | WFB | |||
7.02 | Cabela’s Lone Tree | WFB | |||
7.03 | Bass Pro San Antonio | WFB | |||
7.04 | Cabela’s Allen | WFB | |||
7.05 | Cabela’s Lehi | WFB | |||
7.06 | Bass Pro Tampa | WFB | |||
7.07 | Cabela’s Hammond | WFB | |||
7.08 | Bass Pro Round Rock | WFB | |||
7.09 | Cabela’s Fort Mill | WFB | |||
7.1 | Cabela’s Wichita | WFB | |||
7.11 | Cabela’s Owatonna | WFB | |||
7.12 | Cabela’s Centerville | WFB | |||
7.13 | Cabela’s Huntsville | WFB | |||
7.14 | Bass Pro Port St. Lucie | WFB | |||
7.15 | Cabela’s Waco | WFB | |||
7.16 | Cabela’s East Grand Forks | WFB | |||
8 | 150 West Jefferson | SMF II | |||
9 | Hilton Dallas Rockwall | SMF II | |||
10 | Lennar Corporate Center | SMF II | |||
11 | Courtyard Los Angeles Sherman Oaks | WFB | |||
12 | Lakeside Shopping Center | Barclays | Ground Lease 1: 2/28/2056; Ground Lease 2: 8/31/2056 | Ground Lease 1: $38,910; Ground Lease 2: $28,800 | Ground Lease 1: Rent payment based on 6% of value of the land, reassessed every 10 years; Ground Lease 2: Rent payment based on 10% of value of the land, reassessed every 10 years |
13 | Laguna Cliffs Marriott | WFB | |||
14 | One Lakeshore Center | WFB | |||
15 | River Park I | SMF II | |||
16 | Marriott Courtyard Downtown Reno | WFB | |||
17 | Hidden Valley Office Park | Barclays | |||
18 | One Cleveland Center | RMF | |||
19 | Foothills Plaza | Barclays | |||
20 | West College Center | Barclays | |||
21 | Hampton Plaza | Barclays | |||
22 | Marriott Courtyard Wilkes | WFB | |||
23 | Pangea 18 | SMF II | |||
23.01 | 5328 West Harrison Street | SMF II | |||
23.02 | 7754 South Loomis Boulevard | SMF II | |||
23.03 | 7800 South Morgan Street | SMF II | |||
23.04 | 404 School Street | SMF II | |||
23.05 | 7701 South Ashland Avenue | SMF II | |||
23.06 | 6748 South Blackstone Avenue | SMF II | |||
23.07 | 5749 West Chicago Avenue | SMF II | |||
23.08 | 10901 South Vernon Avenue | SMF II | |||
23.09 | 702 North Waller Avenue | SMF II | |||
23.1 | 7034 South Claremont Avenue | SMF II | |||
23.11 | 7927 South Ellis Avenue | SMF II | |||
23.12 | 2100 South Kildare Avenue | SMF II | |||
23.13 | 7823 South Euclid Avenue | SMF II | |||
23.14 | 7938 South Hermitage Avenue | SMF II | |||
24 | Home2 Suites Little Rock West | WFB | |||
25 | Rite Aid Long Beach | SMF II | |||
26 | 55 West 19th Street | WFB | |||
27 | Bond Street Advisors Retail Portfolio | Barclays | |||
27.01 | Stampede Crossing | Barclays | |||
27.02 | Village at Sandhill | Barclays | |||
28 | Melville Corporate Plaza | WFB | |||
29 | Security Self Storage - Napa | WFB | |||
30 | The Delta Luxury Apartments | RMF | |||
31 | Weeksville Crossing | SMF II | |||
32 | Chase Bank & Whataburger - Houston | RMF | |||
33 | 421 Germantown Pike | SMF II | |||
34 | Parkway MHC | SMF II | |||
35 | Rite Aid Holland | RMF | |||
36 | Collins MHC & Underwood Estates | SMF II | |||
37 | Country Side Plaza | WFB |
A-1-12
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | Lockbox | Whole Loan Cut-off Date Balance ($) | Whole Loan Debt Service ($) | Subordinate Secured Debt Original Balance ($) | Subordinate Secured Debt Cut-off Date Balance ($) | Whole Loan U/W NOI DSCR (x) | Whole Loan U/W NCF DSCR (x) | Whole Loan Cut-off Date LTV Ratio | Whole Loan Cut-off Date U/W NOI Debt Yield | Whole Loan Cut-off Date U/W NCF Debt Yield | Mezzanine Debt Cut-off Date Balance($) |
1 | One Ally Center | SMF II | Hard/Upfront Cash Management | ||||||||||
2 | 16 Court Street | Barclays | Hard/Springing Cash Management | ||||||||||
3 | Logan Town Center | RMF | Springing | ||||||||||
4 | One Century Place | Barclays | Hard/Springing Cash Management | ||||||||||
5 | Moffett Towers II - Building 2 | Barclays | Hard/Upfront Cash Management | 105,000,000 | |||||||||
6 | 1601 Bronxdale Avenue | WFB | Soft/Springing Cash Management | ||||||||||
7 | Bass Pro & Cabela’s Portfolio | WFB | Hard/Springing Cash Management | ||||||||||
7.01 | Cabela’s Rogers | WFB | |||||||||||
7.02 | Cabela’s Lone Tree | WFB | |||||||||||
7.03 | Bass Pro San Antonio | WFB | |||||||||||
7.04 | Cabela’s Allen | WFB | |||||||||||
7.05 | Cabela’s Lehi | WFB | |||||||||||
7.06 | Bass Pro Tampa | WFB | |||||||||||
7.07 | Cabela’s Hammond | WFB | |||||||||||
7.08 | Bass Pro Round Rock | WFB | |||||||||||
7.09 | Cabela’s Fort Mill | WFB | |||||||||||
7.1 | Cabela’s Wichita | WFB | |||||||||||
7.11 | Cabela’s Owatonna | WFB | |||||||||||
7.12 | Cabela’s Centerville | WFB | |||||||||||
7.13 | Cabela’s Huntsville | WFB | |||||||||||
7.14 | Bass Pro Port St. Lucie | WFB | |||||||||||
7.15 | Cabela’s Waco | WFB | |||||||||||
7.16 | Cabela’s East Grand Forks | WFB | |||||||||||
8 | 150 West Jefferson | SMF II | Hard/Springing Cash Management | ||||||||||
9 | Hilton Dallas Rockwall | SMF II | Soft/Springing Cash Management | ||||||||||
10 | Lennar Corporate Center | SMF II | Hard/Springing Cash Management | ||||||||||
11 | Courtyard Los Angeles Sherman Oaks | WFB | Hard/Springing Cash Management | ||||||||||
12 | Lakeside Shopping Center | Barclays | Hard/Springing Cash Management | ||||||||||
13 | Laguna Cliffs Marriott | WFB | Hard/Springing Cash Management | ||||||||||
14 | One Lakeshore Center | WFB | Springing | ||||||||||
15 | River Park I | SMF II | Hard/Upfront Cash Management | ||||||||||
16 | Marriott Courtyard Downtown Reno | WFB | Springing | ||||||||||
17 | Hidden Valley Office Park | Barclays | Springing | ||||||||||
18 | One Cleveland Center | RMF | Hard/Springing Cash Management | ||||||||||
19 | Foothills Plaza | Barclays | Hard/Springing Cash Management | ||||||||||
20 | West College Center | Barclays | Springing | ||||||||||
21 | Hampton Plaza | Barclays | Springing | ||||||||||
22 | Marriott Courtyard Wilkes | WFB | Hard/Springing Cash Management | ||||||||||
23 | Pangea 18 | SMF II | None | ||||||||||
23.01 | 5328 West Harrison Street | SMF II | |||||||||||
23.02 | 7754 South Loomis Boulevard | SMF II | |||||||||||
23.03 | 7800 South Morgan Street | SMF II | |||||||||||
23.04 | 404 School Street | SMF II | |||||||||||
23.05 | 7701 South Ashland Avenue | SMF II | |||||||||||
23.06 | 6748 South Blackstone Avenue | SMF II | |||||||||||
23.07 | 5749 West Chicago Avenue | SMF II | |||||||||||
23.08 | 10901 South Vernon Avenue | SMF II | |||||||||||
23.09 | 702 North Waller Avenue | SMF II | |||||||||||
23.1 | 7034 South Claremont Avenue | SMF II | |||||||||||
23.11 | 7927 South Ellis Avenue | SMF II | |||||||||||
23.12 | 2100 South Kildare Avenue | SMF II | |||||||||||
23.13 | 7823 South Euclid Avenue | SMF II | |||||||||||
23.14 | 7938 South Hermitage Avenue | SMF II | |||||||||||
24 | Home2 Suites Little Rock West | WFB | Springing | ||||||||||
25 | Rite Aid Long Beach | SMF II | Hard/Springing Cash Management | ||||||||||
26 | 55 West 19th Street | WFB | None | ||||||||||
27 | Bond Street Advisors Retail Portfolio | Barclays | Springing | ||||||||||
27.01 | Stampede Crossing | Barclays | |||||||||||
27.02 | Village at Sandhill | Barclays | |||||||||||
28 | Melville Corporate Plaza | WFB | None | ||||||||||
29 | Security Self Storage - Napa | WFB | Springing | ||||||||||
30 | The Delta Luxury Apartments | RMF | Springing | ||||||||||
31 | Weeksville Crossing | SMF II | Springing | ||||||||||
32 | Chase Bank & Whataburger - Houston | RMF | Springing | ||||||||||
33 | 421 Germantown Pike | SMF II | Springing | ||||||||||
34 | Parkway MHC | SMF II | None | ||||||||||
35 | Rite Aid Holland | RMF | Hard/Springing Cash Management | ||||||||||
36 | Collins MHC & Underwood Estates | SMF II | Springing | ||||||||||
37 | Country Side Plaza | WFB | Springing |
A-1-13
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | Sponsor | Affiliated Sponsors | Mortgage Loan Number |
1 | One Ally Center | SMF II | Bedrock Real Estate Services | 1 | |
2 | 16 Court Street | Barclays | CIM SMA I Investments, LLC | 2 | |
3 | Logan Town Center | RMF | E. Stanley Kroenke | 3 | |
4 | One Century Place | Barclays | Stone Company SPC | 4 | |
5 | Moffett Towers II - Building 2 | Barclays | Jay Paul Company | 5 | |
6 | 1601 Bronxdale Avenue | WFB | Carter Sackman | 6 | |
7 | Bass Pro & Cabela’s Portfolio | WFB | Starwood Property Trust, Inc. | 7 | |
7.01 | Cabela’s Rogers | WFB | 7.01 | ||
7.02 | Cabela’s Lone Tree | WFB | 7.02 | ||
7.03 | Bass Pro San Antonio | WFB | 7.03 | ||
7.04 | Cabela’s Allen | WFB | 7.04 | ||
7.05 | Cabela’s Lehi | WFB | 7.05 | ||
7.06 | Bass Pro Tampa | WFB | 7.06 | ||
7.07 | Cabela’s Hammond | WFB | 7.07 | ||
7.08 | Bass Pro Round Rock | WFB | 7.08 | ||
7.09 | Cabela’s Fort Mill | WFB | 7.09 | ||
7.1 | Cabela’s Wichita | WFB | 7.1 | ||
7.11 | Cabela’s Owatonna | WFB | 7.11 | ||
7.12 | Cabela’s Centerville | WFB | 7.12 | ||
7.13 | Cabela’s Huntsville | WFB | 7.13 | ||
7.14 | Bass Pro Port St. Lucie | WFB | 7.14 | ||
7.15 | Cabela’s Waco | WFB | 7.15 | ||
7.16 | Cabela’s East Grand Forks | WFB | 7.16 | ||
8 | 150 West Jefferson | SMF II | REDICO Properties LLC | 8 | |
9 | Hilton Dallas Rockwall | SMF II | Driftwood Acquisition & Development L.P.; Carlos J. Rodriguez; David Buddemeyer | 9 | |
10 | Lennar Corporate Center | SMF II | Yoav Merary; Guy Sharon | 10 | |
11 | Courtyard Los Angeles Sherman Oaks | WFB | Lewis N. Wolff; Keith M. Wolff | 11 | |
12 | Lakeside Shopping Center | Barclays | Jeffrey J. Feil | 12 | |
13 | Laguna Cliffs Marriott | WFB | The Regents of The University of California | 13 | |
14 | One Lakeshore Center | WFB | Michael G. Rademaker | 14 | |
15 | River Park I | SMF II | FD Stonewater, LLC; Jeffrey Toporek; Richard Mann; David Stade; Claiborne Williams; Joseph Delogu; David Alperstein; Andrew Schwartzman | 15 | |
16 | Marriott Courtyard Downtown Reno | WFB | Matthew T. White; Bruce J. Cardinal | 16 | |
17 | Hidden Valley Office Park | Barclays | Felton Properties, Inc. | 17 | |
18 | One Cleveland Center | RMF | Mordechai Korf | 18 | |
19 | Foothills Plaza | Barclays | John Saunders | 19 | |
20 | West College Center | Barclays | The Gong Family | 20 | |
21 | Hampton Plaza | Barclays | Yale I. Paprin | 21 | |
22 | Marriott Courtyard Wilkes | WFB | Stephen P. Field; Field Family Trust | 22 | |
23 | Pangea 18 | SMF II | Pangea Properties | 23 | |
23.01 | 5328 West Harrison Street | SMF II | 23.01 | ||
23.02 | 7754 South Loomis Boulevard | SMF II | 23.02 | ||
23.03 | 7800 South Morgan Street | SMF II | 23.03 | ||
23.04 | 404 School Street | SMF II | 23.04 | ||
23.05 | 7701 South Ashland Avenue | SMF II | 23.05 | ||
23.06 | 6748 South Blackstone Avenue | SMF II | 23.06 | ||
23.07 | 5749 West Chicago Avenue | SMF II | 23.07 | ||
23.08 | 10901 South Vernon Avenue | SMF II | 23.08 | ||
23.09 | 702 North Waller Avenue | SMF II | 23.09 | ||
23.1 | 7034 South Claremont Avenue | SMF II | 23.1 | ||
23.11 | 7927 South Ellis Avenue | SMF II | 23.11 | ||
23.12 | 2100 South Kildare Avenue | SMF II | 23.12 | ||
23.13 | 7823 South Euclid Avenue | SMF II | 23.13 | ||
23.14 | 7938 South Hermitage Avenue | SMF II | 23.14 | ||
24 | Home2 Suites Little Rock West | WFB | Jack D. Grundfest; Rajesh Mehta | 24 | |
25 | Rite Aid Long Beach | SMF II | Lakshmana O. Arasu | 25 | |
26 | 55 West 19th Street | WFB | Daniel J. Deutsch; Galit Levy Deutsch | 26 | |
27 | Bond Street Advisors Retail Portfolio | Barclays | Michael D. Reynolds | 27 | |
27.01 | Stampede Crossing | Barclays | 27.01 | ||
27.02 | Village at Sandhill | Barclays | 27.02 | ||
28 | Melville Corporate Plaza | WFB | Vimal K. Goyal | 28 | |
29 | Security Self Storage - Napa | WFB | Janet L. Lee; Carol A. Chung; Robert T. Lee; Brian J. Lee | 29 | |
30 | The Delta Luxury Apartments | RMF | Kristopher E. Benson; Christopher S. Buck | 30 | |
31 | Weeksville Crossing | SMF II | William Burns Yeomans, Sr. | 31 | |
32 | Chase Bank & Whataburger - Houston | RMF | Jose Blatt; Lily Blatt | 32 | |
33 | 421 Germantown Pike | SMF II | Donald F. Cafiero | 33 | |
34 | Parkway MHC | SMF II | Cheryl L. Conto | 34 | |
35 | Rite Aid Holland | RMF | David R. Grieve | 35 | |
36 | Collins MHC & Underwood Estates | SMF II | Jefferson Damon Lilly; Bradley Johnson | 36 | |
37 | Country Side Plaza | WFB | Anthony F. Randazzo | 37 |
A-1-14
FOOTNOTES TO ANNEX A-1 |
See “Annex A-3: Summaries of the Fifteen Largest Mortgage Loans” in the Preliminary Prospectus for additional information on the 15 largest mortgage loans. | |
(1) | “Barclays” denotes Barclays Bank PLC, “SMF II” denotes Starwood Mortgage Funding II LLC, “WFB” denotes Wells Fargo Bank, National Association and “RMF” denotes Rialto Mortgage Finance, LLC. |
(2) | For mortgage loan #1 (One Ally Center), parking income accounts for approximately 25.2% of U/W Revenues. |
For mortgage loan #5 (Moffett Towers II – Building 2), the Number of Units includes 350,633 square feet of office space in the Moffett Towers II - Building 2 property and 11,930 square feet of amenities space allocated to the Moffett Towers II - Building 2 property leased by the largest tenant, based on a specified 20.0% share in the common elements of the greater Moffett Towers II campus. | |
For mortgage loan #6 (1601 Bronxdale Avenue), the Number of Units includes 197,386 square feet of industrial space, 85,739 square feet of office space and 33,000 square feet of retail space. | |
For mortgage loan #9 (Hilton Dallas Rockwall), food and beverage income accounts for approximately 34.6% of U/W Revenues. | |
For mortgage loan #12 (Lakeside Shopping Center), the second largest tenant (229,520 square feet), representing 18.9% of net rentable square feet, leases the collateral pad site and the improvements built on the pad site are owned by the tenant. | |
For mortgage loan #13 (Laguna Cliffs Marriott), food and beverage income accounts for approximately 38.1% of U/W Revenues. | |
For mortgage loan #26 (55 West 19th Street), the Number of Units includes 7,050 square feet of office space, 2,000 square feet of retail space and 200 square feet of storage space. | |
For mortgage loan #37 (Country Side Plaza), cell phone tower income accounts for approximately 33.6% of U/W Revenues. | |
(3) | For the mortgage loan #2 (16 Court Street), on any payment date after the later of (i) the condominium conversion date and (ii) the end of the defeasance lockout period, provided that the related mortgaged property has been converted to a condominium form of ownership, the related borrower may obtain a release of floors 26 through 36 (the “Residential Condominium Space”) from the lien of the mortgage encumbering such Mortgaged Property by partially defeasing the 16 Court Street Whole Loan (on a pro rata basis among the pari passu promissory notes) in an aggregate amount at least equal to 115.0% of $18,500,000, provided that, among others, the following conditions are satisfied: (i) no event of default has or will be continuing; (ii) in the case of a partial defeasance, the execution and delivery by the borrower of all necessary documents to amend and restate each related pari passu promissory note and issue two substitute notes comprised of (a) one note having a principal balance equal to the defeased portion of the original note and (b) one note having a principal balance equal to the undefeased portion of the original note; (iii) following the release of the Residential Condominium Space, the undefeased portion of the 16 Court Street Whole Loan will have (a) a Cut-off Date LTV Ratio equal to or less than 61.8%, (b) a Debt Yield not less than the greater of 7.85% and the Debt Yield immediately prior to the release and (c) a DSCR not less than the greater of 1.86x and the DSCR immediately prior to the release; and (iv) the borrower otherwise satisfies all of the requirements with respect to such defeasance including, without limitation, the rating confirmation letter and opinion delivery requirements thereof. |
For the mortgage loan #7 (Bass Pro & Cabela’s Portfolio), the mortgage loan is evidenced by two (2) promissory notes with an aggregate Cut-off Date Balance of $34,970,000: (i) note A-2(B)(1) (the “Pooled BP Call Protected Note”), which represents the call protected portion of the Bass Pro & Cabela’s Portfolio Mortgage Loan in the amount of $27,470,000 as of the Cut-off Date and (ii) |
A-1-15
note A-2(A) (the “BP Freely Prepayable Note”), which represents the freely prepayable portion of the Bass Pro & Cabela’s Portfolio Mortgage Loan in the amount of $7,500,000 as of the Cut-off Date. | |
(4) | For mortgage loan #2 (16 Court Street), the Grace Period Default (Days) is five business days no more than twice in any trailing twelve-month period. |
For mortgage loan #7 (Bass Pro & Cabela’s Portfolio), the Grace Period Late (Days) is ten business days no more than twice during the term of the loan. | |
For mortgage loan #13 (Laguna Cliffs Marriott), the Grace Period Late (Days) is five business days. | |
(5) | For mortgage loan #5 (Moffett Towers II – Building 2), the Appraised Value assumes an escrow account was established for outstanding tenant improvements, leasing commissions and free rent. Reserves totalling $27,765,832 were taken at closing, representing the outstanding tenant improvements, leasing commissions and free rent. |
For mortgage loan #9 (Hilton Dallas Rockwall), the Appraised Value assumes the property improvement plan, scheduled to be completed in June 2019, has been completed. A $2,000,000 reserve was collected at origination, representing the outstanding property improvement plan costs. The appraised value assuming the property improvement plan has not been completed is $49,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $49,000,000 appraised value are 62.1% and 50.7%, respectively. | |
For mortgage loan #13 (Laguna Cliffs Marriott), the Appraised Value assumes the property improvement plan, scheduled to be completed in June 2018, has been completed. A reserve of $13,520,759 was taken at closing, representing the outstanding property improvement plan costs. The appraised value assuming the property improvement plan has not been completed is $197,700,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $197,700,000 appraised value were 55.6% and 55.6%, respectively. | |
For mortgage loan #15 (River Park I), the Appraised Value assumes the lease-up costs related to the largest tenant’s (164,613 square feet), representing 98.2% of the net rentable square feet, expansion place are fully escrowed at closing. Reserves totaling $4,175,948 were taken at closing, including $3,446,661 for outstanding tenant improvements, $574,972 for capital expenditures and $154,495 for a RTI free rent reserve. The appraised value assuming the property improvement plan has not been completed is $30,900,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $30,900,000 appraised value are 65.7% and 53.1%, respectively. | |
For mortgage loan #26 (55 West 19th Street), the Appraised Value assumes the mortgaged property is stabilized and the second largest tenant (2,000 square feet), representing 21.6% of net rentable square feet, is in occupancy, open for business and paying full unabated rent. The second largest tenant is anticipated to begin paying rent in December 2017. A $25,000 rent reserve was taken at closing. The appraised value assuming the property has not stabilized is $12,300,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $12,300,000 appraised value are 58.5% and 58.5%, respectively. | |
For mortgage loan #29 (Security Self Storage – Napa), the Appraised Value assumes deferred maintenance, which is required to be completed within 12 months of the mortgage loan closing, has been completed. The appraised value assuming the deferred maintenance has not been completed is $7,650,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $7,650,000 appraised value are 68.0% and 55.1%, respectively. | |
(6) | For mortgage loan #19 (Foothills Plaza), all LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures are calculated assuming the full loan amount of $17,200,000. The largest tenant (27,771 square feet), representing 23.6% of net rentable square feet, has executed its lease and a $3,200,000 Holdback was taken at closing. Provided no event of default exists, upon the lender’s receipt of an acceptable estoppel certificate confirming: (i) the largest tenant has been in physical occupancy of the space covered by the lease and open for business for no less than three |
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months; (ii) the largest tenant’s lease is in effect; and (iii) there is no default by the borrower under the largest tenant’s lease, the lender will disburse all funds. If, on or before November 20, 2019, the borrower has not either (i) delivered the estoppel certificate to the lender or (ii) satisfied the largest tenant’s replacement lease criteria, the lender has the right to use the funds to permanently prepay the loan, subject to applicable prepayment penalties to be paid by the borrower. | |
(7) | For mortgage loan #1 (One Ally Center), the mortgage loan represents Note A-1, one of two pari passu notes, which have a combined Cut-off Date Balance of $102,000,000. Note A-2 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the “One Ally Center Whole Loan”). Note A-1 represents a controlling interest in the One Ally Center Whole Loan. |
For mortgage loan #2 (16 Court Street), the mortgage loan represents Note A-1, one of two pari passu notes, which have a combined Cut-off Date Balance of $111,000,000. Note A-2 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the “16 Court Street Whole Loan”). Note A-1 represents a controlling interest in the 16 Court Street Whole Loan. | |
For mortgage loan #3 (Logan Town Center), the mortgage loan represents Note A-1, one of two pari passu notes, which have a combined Cut-off Date Balance of $77,000,000. Note A-2 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the “Logan Town Center Whole Loan”). Note A-1 represents a controlling interest in the Logan Town Center Whole Loan. | |
For mortgage loan #4 (One Century Place), the mortgage loan represents Note A-1, one of two pari passu notes, which have a combined Cut-off Date Balance of $66,300,000. Note A-2 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the “One Century Place Whole Loan”). Note A-1 represents a controlling interest in the One Century Place Whole Loan. | |
For mortgage loan #5 (Moffett Towers II – Building 2), the mortgage loan represents Note A-3, one of four pari passu notes, which have a combined Cut-off Date Balance of $165,000,000. Notes A-1, A-2 and A-4 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1, A-2, A-3 and A-4 in the aggregate (the “Moffett Towers II – Building 2 Whole Loan”). Note A-3 represents a non-controlling interest in the Moffett Towers II – Building 2 Whole Loan. | |
For mortgage loan #7 (Bass Pro & Cabela’s Portfolio), the mortgage loan represents Notes A-2(A) and A-2(B)(1), two of 12 pari passu notes, which have a combined Cut-off Date Balance of $194,900,000. The other notes are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on all notes in the aggregate (the “Bass Pro & Cabela’s Portfolio Whole Loan”). Notes A-2(A) and A-2(B)(1) represent non-controlling interests in the Bass Pro & Cabela’s Portfolio Whole Loan. | |
Fort mortgage loan #8 (150 West Jefferson), the mortgage loan represents Note A-2, one of two pari passu notes, which have a combined Cut-off Date Balance of $67,500,000. Note A-1 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the “150 West Jefferson Whole Loan”). Note A-2 represents a non-controlling interest in the 150 West Jefferson Whole Loan. | |
For mortgage loan #11 (Courtyard Los Angeles Sherman Oaks), the mortgage loan represents Note A-2, one of two pari passu notes, which have a combined Cut-off Date Balance of $55,000,000. Note A-1 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the “Courtyard Los Angeles Sherman Oaks Whole Loan”). Note A-2 represents the non-controlling interest in the Courtyard Los Angeles Sherman Oaks Whole Loan. | |
For mortgage loan #12 (Lakeside Shopping Center), the mortgage loan represents Note A-3-2, one of four pari passu notes, which have a combined Cut-off Date balance of $175,000,000. Notes A-1, A-2 and A-3-1 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off |
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Date Balance per Unit/SF figures presented are based on Notes A-1, A-2, A-3-1 and A-3-2 in the aggregate (the “Lakeside Shopping Center Whole Loan”). Note A-3-2 represents a non-controlling interest in the Lakeside Shopping Center Whole Loan. | |
For mortgage loan #13 (Laguna Cliffs Marriott), the mortgage loan represents Note A-2, one of two pari passu notes, which have a combined Cut-off Date Balance of $110,000,000. Note A-1 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the “Laguna Cliffs Marriott Whole Loan”). Note A-2 represents the non-controlling interest in the Laguna Cliffs Marriott Whole Loan. | |
For mortgage loan #18 (One Cleveland Center), the mortgage loan represents Note A-2, one of two pari passu notes, which have a combined Cut-off Date Balance of $57,000,000. Note A-1 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the “One Cleveland Center Whole Loan”). Note A-2 represents a non-controlling interest in the One Cleveland Center Whole Loan. | |
(8) | In certain cases, mortgage loans may have tenants that have executed leases, but may not be fully paying rent or occupying the related leased premises that were included in the underwriting. |
For mortgage loan #4 (One Century Place), the third largest tenant (55,962 square feet), representing 10.4% of the net rentable square feet, subleases 4,164 square feet to one tenant and 340 square feet to a second tenant, for a total annual base rent of $107,915 ($23.96 per square foot). Both subleases are coterminous with the third largest tenant’s lease expiring April 2025. | |
For mortgage loan #5 (Moffett Towers II - Building 2), the largest tenant (362,563 square feet), representing 100.0% of net rentable square feet, has abated rent through April 2018 for 350,633 square feet of office space and abated rent through July 2017 for 47,718 square feet of amenities space. An $8,332,337 reserve was taken at closing representing the outstanding rent abatement. | |
For mortgage loan #8 (150 West Jefferson), the fourth largest tenant (48,915 square feet), representing 10.0% of the net rentable square feet, has agreed to sublease approximately 40,930 square feet with a sublease rent commencement on seven months after delivery of its leased space for an annual base rent of $808,368 ($19.75 per square foot, with $0.50 per square foot rent steps, expiring February 29, 2024). The 150 West Jefferson Borrower anticipates rent commencement in the third quarter of 2018. | |
For mortgage loan #10 (Lennar Corporate Center), the fourth largest tenant (11,002 square feet), representing 3.8% of the net rentable square feet, subleases approximately 9,132 square feet for an annual base rent of $215,059 ($23.55 per square foot, expiring November 30, 2020). | |
For mortgage loan #12 (Lakeside Shopping Center), the fifth largest tenant (34,722 square feet), representing 2.9% of net rentable square feet, has a rent abatement through May 2018. A $1,214,427 reserve was taken at closing representing the outstanding rent abatement. | |
For mortgage loan #14 (One Lakeshore Center), the largest tenant (27,049 square feet), representing 15.3% of net rentable square feet, is not utilizing 5,000-6,000 square feet of its space. A springing reserve is in place in the event the largest tenant does not renew or extend its lease by July 31, 2018. The fourth largest tenant (11,404 square feet), representing 6.4% of net rentable square feet, is not currently utilizing 2,000-2,500 square feet of its space, but has plans to do so in the future. | |
For mortgage loan #15 (River Park I), the largest tenant (164,613 square feet), representing 98.2% of net rentable square feet, leases 164,613 square feet at the River Park I Property. The largest tenant currently occupies 151,031 square feet and has a signed lease to expand into an additional 13,582 square feet. The largest tenant is expected to take possession of the expansion space in January 2018 and commence paying rent in July 2018. The borrower deposited a RTI free rent reserve equal to six months’ rent ($154,495) at origination. | |
For mortgage loan #17 (Hidden Valley Office Park), the second largest tenant (14,762 square feet), representing 12.1% of net rentable square feet, has a free rent period consisting of each |
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July throughout the term, commencing July 1, 2019, resulting in a rent abatement in the aggregate amount of $432,686. The second largest tenant subleases Suite A and Suite B from a tenant at the Hidden Valley Office Park mortgaged property. Both subleases are coterminous with the fourth largest tenant’s lease expiring June 2029. The third largest tenant (8,806 square feet), representing 7.2% of net rentable square feet, has a rent abatement period from September 1, 2018 through October 31, 2018, resulting in an abatement of $43,384. The fifth largest tenant (3,911 square feet), representing 3.2% of net rentable square feet, has a reduced rent period consisting of the first nine full months ending on August 1, 2018, resulting in an abatement of $45,465. A $531,350 reserve was taken at closing for the outstanding rent abatements for these tenants and others at the Hidden Valley Office Park mortgaged property. | |
For mortgage loan #18 (One Cleveland Center), the third largest tenant (30,331 square feet), representing 5.6% of the net rentable square feet, has two months of free rent in January 2018 and July 2018. The fourth largest tenant (28,896 square feet), representing 5.3% of the net rentable square feet, has six months of free rent from November 2017 through April 2018. At origination, the borrower escrowed $976,668 to cover these free rent periods, in addition to outstanding free rent for other tenants. | |
For mortgage loan #19 (Foothills Plaza), the largest tenant (27,771 square feet), representing 23.6% of the net rentable square feet is currently building out its space and is expected to take possession in early 2018. The tenant’s lease is structured with 180 days of abated rent, commencing on their possession date. The mortgage loan is structured with a reserve of $184,586 to cover outstanding tenant improvements and leasing commission obligations. | |
For mortgage loan #21 (Hampton Plaza), the third largest tenant (15,330 square feet), representing 12.3% of the net rentable square took possession of their space on November 15, 2017. The borrower expects the tenant to open for business December 11, 2017. The tenant’s lease is structured with two months of abated rent, commencing on their possession date. The tenant will begin payment of full rent upon the abatement burning off. The rent abatement amount of $33,491 was held back at closing. | |
For mortgage loan #33 (421 Germantown Pike), the third largest tenant (1,674 square feet), representing 17.1% of net rentable square feet, has signed a lease, taken possession of its space and commenced paying rent, but not yet taken occupancy. The borrower anticipates the tenant to open for business in January 2018. The fifth largest tenant (1,378 square feet), representing 14.1% of the net rentable square feet, has signed a lease, taken possession of its space and commenced paying rent, but not yet taken occupancy. The borrower anticipates the tenant to open for business in April 2018. | |
(9) | For mortgage loan #11 (Courtyard Los Angeles Sherman Oaks), the Most Recent Period financials reflect actual performance, including the loss of an estimated 120 room nights per month from November 2016 to April 2017 due to renovations. The normalized Most Recent Revenues, Expenses, NOI, NCF, Hotel ADR and Hotel RevPAR are $15,772,566, $9,020,481, $6,752,085, $6,752,085, $205.29 and $169.67, respectively. The Second Most Recent Period financials were adjusted to normalize cash flows occurring from increased occupancy due to the Porter Ranch gas lease that displaced thousands of people who needed to stay in area hotels. The unadjusted Second Most Recent Revenues, Expenses, NOI, NCF, Hotel ADR and Hotel RevPAR are $16,920,295, $8,626,734, $8,293,561, $8,293,561, $229.00 and $187.12, respectively. |
(10) | For mortgage loan #15 (River Park I), The mortgage loan is structured to comply with Islamic Law (Shari’ah). Please refer to “Risks Relating to the Mortgage Loans–Risks Relating to Shari’ah Compliant Loans” in the preliminary prospectus. |
(11) | For mortgage loan #6 (1601 Bronxdale Avenue), the largest tenant (155,986 square feet), representing 51.2% of net rentable square feet, has multiple leases that expire as follows: 152,386 square feet expiring February 28, 2022 and 3,600 square feet expiring January 31, 2022. |
For mortgage loan #10 (Lennar Corporate Center), the largest tenant (183,422 square feet), representing 63.3% of net rentable square feet, has multiple leases that expire as follows: |
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143,747 square feet expiring on March 31, 2022, 18,568 square feet expiring September 14, 2020, 11,310 square feet expiring March 31, 2019 and 9,797 square feet expiring October 10, 2019. | |
For mortgage loan #28 (Melville Corporate Plaza), the largest tenant (26,475 square feet), representing 26.8% of net rentable square feet, has multiple leases that expire as follows: 3,130 square feet expiring August 31, 2019, 8,345 square feet expiring September 30, 2019 and 15,000 square feet expiring November 30, 2020. | |
(12) | For mortgage loan #10 (Lennar Corporate Center), the largest tenant (183,422 square feet), representing 63.3% of net rentable square feet, is an affiliate of Rialto Mortgage Finance, LLC, a Mortgage Loan Seller. |
(13) | The tenant early termination options discussed in this footnote are not intended to be an exclusive list. In particular, termination options based on co-tenancy clauses are generally included only for top five tenants by net rentable square feet if the option is currently or imminently exercisable. |
For mortgage loan #1 (One Ally Center), the second largest tenant (76,869 square feet), representing 7.9% of net rentable square feet, has a one-time right to terminate its lease effective January 2025 by providing 12 months’ written notice and by payment of unamortized leasing costs. Additionally, the second largest tenant has a one-time right to contract by 25,480 square feet effective January 2025 with six months’ notice and by payment of unamortized leasing costs. The fourth largest tenant (70,184 square feet), representing 7.2% of the net rentable square feet, has a one-time right to terminate its lease effective December 2019 with ten months’ notice and payment of a termination fee equal to three months’ rent and unamortized leasing costs. Additionally, the fourth largest tenant has an ongoing right to contract up to 25% of its leased space until January 2021 with nine months’ notice and payment of unamortized leasing costs. The fifth largest tenant (69,920 square feet), representing 7.2% of the net rentable square feet, has an ongoing right to terminate its lease with three months’ notice and no termination fee. | |
For mortgage loan #2 (16 Court Street), the third largest tenant (19,071 square feet), representing 5.9% of net rentable square feet, may terminate its lease for suites 1212-1214 (1,825 square feet), on April 1, 2020 and April 1, 2022, with notice required to be given by June 1, 2019 and June 1, 2021, respectively, and the payment of a termination fee. The fifth largest tenant (14,143 square feet), representing 4.3% of net rentable square feet, may terminate its lease at any time after September 30, 2018, with 365-days’ notice and the payment of a termination fee of three months of rent in accordance with their lease and $67,993. | |
For mortgage loan #4 (One Century Place), the second largest tenant (105,219 square feet), representing 19.5% of net rentable square feet, may terminate its lease effective September 1, 2019 by providing 12 months’ written notice and payment of a termination fee equal to all unamortized brokerage commissions, concessions and tenant improvements allowance. The fourth largest tenant (45,807 square feet), representing 8.5% of net rentable square feet, may terminate its lease on October 31, 2020, by providing 12 months’ written notice and payment of a termination equal to all unamortized costs, brokerage commissions, concessions and tenant improvement allowance and four months of rent in accordance with their lease, only if either (i) the tenant is no longer doing business within a 50-mile radius of the One Century Place property or (ii) the tenant needs less than 90 personnel to conduct its business, when compared to the number of personnel in certain specified portions of the space as of the applicable commencement date. The fifth largest tenant (40,653 square feet), representing 7.5% of net rentable square feet, may terminate its lease effective August 31, 2019 by providing 10 months’ written notice and by the payment of a termination fee equal to all unamortized brokerage commissions, concessions, tenant improvement allowances and four months of rent in accordance with their lease. | |
For mortgage loan #8 (150 West Jefferson), the second largest tenant (62,273 square feet), representing 12.7% of net rentable square feet, has the right to terminate its lease should it no longer be retained by General Motors by providing 12 months’ written notice and payment of a |
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termination fee equal to all unamortized leasing costs and three months’ of total rent in accordance with their lease. The third largest tenant (57,636 square feet), representing 11.8% of net rentable square feet, has a one-time right to terminate 16,706 square feet on its second floor space only effective September 30, 2021 with nine months’ written notice and payment of a termination fee. The fourth largest tenant (48,915 square feet), representing 10.0% of net rentable square feet, has a one-time right to terminate its lease effective February 29, 2023 with 12 months’ notice and a termination fee equal to approximately $2,263,564. | |
For mortgage loan #12 (Lakeside Shopping Center), the second largest tenant (229,520 square feet), representing 18.9% of net rentable square feet, may terminate its lease on or after October 21, 2018, upon providing 180 days’ written notice and payment of a termination fee equal to the lesser of (i) the remaining annual fixed rent payable and (ii) an amount equal to 24 months of base rent payable subsequent to the termination date. The third largest tenant (203,410 square feet), representing 16.8% of net rentable square feet, may terminate its lease at any time upon providing 180 days’ written notice and payment of a termination fee equal to the lesser of (i) the remaining annual fixed rent payable and (ii) an amount equal to 24 months of base rent payable subsequent to the termination date. The fifth largest tenant (34,722 square feet), representing 2.9% of net rentable square feet, may terminate its least if net sales for the third full lease year are less than $8,000,000. The termination will not be effective until 360 days after the tenant notice, which must be given within 60 days after the end of the third full lease year. Additionally, the tenant must pay the landlord 50% of the portion of the allowance ($3,000,000) unamortized as of the date of termination, using straight line amortization over the initial term of the lease. | |
For mortgage loan #17 (Hidden Valley Office Park), the largest tenant (20,517 square feet), representing 16.8% of net rentable square feet, may terminate its lease on September 30, 2021 by providing the landlord with termination notice no later than January 1, 2021 and the payment of a termination fee, provided that the tenant is not in default and has not subleased the premises to a third-party. | |
For mortgage loan #18 (One Cleveland Center), the second largest tenant (32,817 square feet), representing 6.0% of net rentable square feet, has a one-time right to either (i) exercise an early termination right, or (ii) exercise a contraction right effective any time after April 30, 2024 by providing six months’ written notice and paying a termination fee equal to the unamortized portion of commissions and any real estate brokerage fees incurred by borrower and 15 months of free rent. | |
For mortgage loan #19 (Foothills Plaza), the third largest tenant (8,000 square feet), representing 6.8% of the net rentable square feet, may terminate its lease at the end of the third year of the term (May 1, 2020), provided that: (i) the tenant has not achieved annual sales in excess of $1,300,000 by the end of the third year of the term (May 1, 2020), and (ii) the tenant provides the landlord with written notice 120 days prior to termination. | |
For the mortgage loan #21 (Hampton Plaza), the third largest tenant (15,330 square feet), representing 12.3% of net rentable square feet, may terminate its lease if the tenant’s gross sales in the lease year ending on November 15, 2022 does not equal or exceed $1,800,000, by providing the landlord with 12 months’ written notice and the payment of a termination fee of $125,000. | |
For mortgage loan #32 (Chase Bank & Whataburger - Houston), the largest tenant (4,392 square feet), representing 58.9% of net rentable square feet, may terminate its lease if necessary access to the mortgaged property is closed for any reason for more than 60 consecutive days. | |
(14) | For mortgage loan #11 (Courtyard Los Angeles Sherman Oaks), the Monthly Replacement Reserve will be adjusted to an amount equal to the greater of the existing Monthly Replacement Reserve and 1/12th of 4% of underwritten revenue for the prior fiscal year. |
For mortgage loan #13 (Laguna Cliffs Marriott), the Monthly Replacement Reserve will be adjusted to an amount equal to the greater of: (i) the amount required under the franchise agreement; (ii) the existing Monthly Replacement Reserve; and (iii) 1/12th of 5% of operating income for the preceding calendar year. |
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For mortgage loan #16 (Marriott Courtyard Downtown Reno), the Monthly Replacement Reserve will be adjusted to an amount equal to the greater of the existing Monthly Replacement Reserve and 1/12th of 5% of underwritten revenue, determined quarterly. | |
For mortgage loan #24 (Home2 Suites Little Rock West), the Monthly Replacement Reserve will be adjusted to an amount equal to the greater of the existing Monthly Replacement Reserve and 1/12th of 4% of underwritten revenue for the prior fiscal year. | |
(15) | For mortgage loan #1 (One Ally Center), if (i) an event of default occurs under the One Ally Center whole loan or (ii) the debt service coverage ratio at the One Ally Center property falls below 2.00x calculated based on the trailing twelve months, the borrower is required to make monthly deposits of $102,029 (approximately $1.25 per square foot annually) for tenant improvements and leasing comissions (“TI/LCs”). Upon the One Ally Center property achieving a debt service coverage ratio of 2.00x or greater calculated based on the trailing twelve months for two consecutive calendar quarters, the ongoing TI/LC collections will be suspended and funds on deposit in the TI/LC reserve will be disbursed to the borrower. |
For mortgage loan #31 (Weeksville Crossing), commencing on the payment date occurring in December 2022 and on each payment date thereafter through and including the payment date in November 2025, the Monthly TI/LC Reserve will be equal to $1,705. Commencing on the payment date occurring in December 2025 and on each payment date thereafter through and including the payment date in November 2026, the Monthly TI/LC Reserve will be equal to $5,116. | |
(16) | For mortgage loan #22 (Marriott Courtyard Wilkes), the Other Escrow I (Monthly) will be adjusted to an amount equal to 1/12th of 4% of gross revenue for the preceding month until the property improvement plan is completed. |
(17) | For mortgage loan #5 (Moffett Towers II – Building 2), for a description of escrows, see Annex A-3 to this Preliminary Prospectus. |
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