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Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | % of Initial Pool Balance | Mortgage Loan Originator(1) | Mortgage Loan Seller(1) | Original Balance | Cut-off Date Balance | Maturity/ARD Balance | Cut-off Date Balance per SF/ Units/Rooms/Pads/Beds | Loan Purpose | Sponsor | Non-Recourse Carveout Guarantor | No. of Properties | General Property Type | |
Loan | 5,9,11,12 | 1 | Bellagio Hotel and Casino | 7.8% | MSBNA | MSMCH | $65,000,000 | $65,000,000 | $65,000,000 | $426,188.66 | Acquisition | BREIT Operating Partnership L.P. | BREIT Operating Partnership L.P. | 1 | Hospitality | |
Loan | 5,9 | 2 | 545 Washington Boulevard | 7.2% | MSBNA | MSMCH | $60,000,000 | $60,000,000 | $60,000,000 | $290.30 | Acquisition | HGI Opportunity Fund XIII, LP; HGGP Capital XIV, LP | HGGP Capital VIII, LLC; HGGP Capital IX, LLC; HGGP Capital X, LLC; HGGP Capital XI, LLC; HGGP Capital XII, LLC; HGGP Capital XIII, LLC; HGGP Capital XIV, LP | 1 | Office | |
Loan | 5,13,14,15 | 3 | Royal Palm Place | 7.2% | AREF | AREF | $60,000,000 | $60,000,000 | $60,000,000 | $237.74 | Refinance | James H. Batmasian; Marta T. Batmasian | James H. Batmasian; Marta T. Batmasian | 1 | Mixed Use | |
Loan | 5,16 | 4 | AVR Atlanta Airport Marriott Gateway | 6.7% | CCRE | CCRE | $56,000,000 | $56,000,000 | $56,000,000 | $263,027.30 | Refinance | Allan V. Rose | Allan V. Rose | 1 | Hospitality | |
Loan | 6,7,10 | 5 | FTERE Bronx Portfolio 2 | 5.3% | MSBNA | MSMCH | $43,800,000 | $43,800,000 | $43,800,000 | $146,000.00 | Refinance | Finkelstein Timberger East Real Estate | Richard Timberger | 6 | ||
Property | 5.01 | 3425 Knox Place | 1.1% | MSBNA | MSMCH | $9,250,000 | $9,250,000 | $9,250,000 | Multifamily | |||||||
Property | 5.02 | 1055 Grand Concourse | 1.1% | MSBNA | MSMCH | $9,000,000 | $9,000,000 | $9,000,000 | Multifamily | |||||||
Property | 5.03 | 2081-2085 Valentine Avenue | 1.0% | MSBNA | MSMCH | $8,450,000 | $8,450,000 | $8,450,000 | Multifamily | |||||||
Property | 5.04 | 2264 Creston Avenue | 0.9% | MSBNA | MSMCH | $7,700,000 | $7,700,000 | $7,700,000 | Multifamily | |||||||
Property | 5.05 | 104 West 190th Street | 0.6% | MSBNA | MSMCH | $5,150,000 | $5,150,000 | $5,150,000 | Multifamily | |||||||
Property | 5.06 | 1354 Commonwealth Avenue | 0.5% | MSBNA | MSMCH | $4,250,000 | $4,250,000 | $4,250,000 | Multifamily | |||||||
Loan | 5,17 | 6 | 1412 Broadway | 4.8% | MSBNA | MSMCH | $40,000,000 | $40,000,000 | $40,000,000 | $498.34 | Refinance | Isaac Chetrit; Eli Chetrit; Raizada Vaid; Jacob Aini | Isaac Chetrit; Eli Chetrit; Raizada Vaid; Jacob Aini | 1 | Office | |
Loan | 5 | 7 | 55 Hudson Yards | 4.4% | MSBNA | MSMCH | $36,900,000 | $36,900,000 | $36,900,000 | $660.28 | Recapitalization | Mitsui Fudosan America, Inc.; The Related Companies, L.P.; OP Olympic Capital Corp (US), Inc. | One Hudson Yards Owner LLC | 1 | Office | |
Loan | 6,7 | 8 | Haggerty Corridor Corporate Park | 4.0% | SMC | SMC | $33,600,000 | $33,600,000 | $28,115,222 | $115.71 | Acquisition | David Kornbluth; Mark Goodman; Mark Siegel; Kenneth Marblestone; Steven Soclof; Sherman Capital LLC; Cristal Family, LLC; KB LeCap Ltd.; Fortbridge Realty, LLC | David Kornbluth; Mark Goodman; Mark Siegel; Kenneth Marblestone; Steven Soclof; Sherman Capital LLC; Cristal Family, LLC; KB LeCap Ltd.; Fortbridge Realty, LLC | 4 | ||
Property | 8.01 | Lewis Technology Centre | 1.5% | SMC | SMC | $12,700,000 | $12,700,000 | $10,626,885 | Office | |||||||
Property | 8.02 | Cabot Technology Centre | 1.1% | SMC | SMC | $9,500,000 | $9,500,000 | $7,949,244 | Office | |||||||
Property | 8.03 | Country Club Office Centre | 0.7% | SMC | SMC | $5,800,000 | $5,800,000 | $4,853,223 | Office | |||||||
Property | 8.04 | LaSalle Technology South | 0.7% | SMC | SMC | $5,600,000 | $5,600,000 | $4,685,871 | Office | |||||||
Loan | 6,7,10 | 9 | Bronx Multifamily Portfolio IV | 4.0% | MSBNA | MSMCH | $33,300,000 | $33,300,000 | $33,300,000 | $160,096.15 | Refinance | Ryan Morgan | Ryan Morgan | 4 | ||
Property | 9.01 | 323-325 East Mosholu Parkway North | 1.2% | MSBNA | MSMCH | $10,120,000 | $10,120,000 | $10,120,000 | Multifamily | |||||||
Property | 9.02 | 2550-2552 University Avenue | 1.1% | MSBNA | MSMCH | $9,310,000 | $9,310,000 | $9,310,000 | Multifamily | |||||||
Property | 9.03 | 2952-2954 Marion Avenue | 1.0% | MSBNA | MSMCH | $8,710,000 | $8,710,000 | $8,710,000 | Multifamily | |||||||
Property | 9.04 | 3205 Grand Concourse | 0.6% | MSBNA | MSMCH | $5,160,000 | $5,160,000 | $5,160,000 | Multifamily | |||||||
Loan | 18 | 10 | Seven Trees Center | 3.3% | MSBNA | MSMCH | $27,000,000 | $27,000,000 | $27,000,000 | $172.83 | Refinance | Albert J. Wang | Albert J. Wang | 1 | Retail | |
Loan | 5,19 | 11 | Sol y Luna | 3.0% | 3650 Reit | CCRE | $25,000,000 | $25,000,000 | $25,000,000 | $92,118.73 | Acquisition | Patrick Nelson; Arbor Realty SR, Inc. | Patrick Nelson; Nelson Partners, LLC | 1 | Multifamily | |
Loan | 5 | 12 | McCarthy Ranch | 3.0% | SMC | SMC | $25,000,000 | $25,000,000 | $25,000,000 | $169.18 | Refinance | MPI Realty Corp.; Bonseph Holdings Limited; Eliahu Swirsky; Shlomo Cohen | MPI Realty Corp.; Bonseph Holdings Limited; Eliahu Swirsky; Shlomo Cohen | 1 | Retail | |
Loan | 20 | 13 | Ashley Court Apartments | 3.0% | AREF | AREF | $25,000,000 | $25,000,000 | $25,000,000 | $98,425.20 | Refinance | Dovid A. Stern; Yitzchok Moller | Dovid A. Stern; Yitzchok Moller | 1 | Multifamily | |
Loan | 14 | Versatile Warehouse | 2.4% | SMC | SMC | $20,000,000 | $20,000,000 | $20,000,000 | $74.74 | Refinance | Ralph Zastenik; Bennett L. David, III | Ralph Zastenik; Bennett L. David, III | 1 | Industrial | ||
Loan | 15 | Northwest Crossing | 2.3% | AREF | AREF | $19,200,000 | $19,200,000 | $16,163,175 | $50.31 | Refinance | Feroze Bhandara; Harry Shani | Feroze Bhandara; Harry Shani | 1 | Office | ||
Loan | 21 | 16 | Four Research Drive | 2.2% | AREF | AREF | $18,250,000 | $18,226,759 | $14,638,047 | $112.85 | Refinance | Alan Ades; Maurice Ades; Robert Ades; Aaron Stauber | Alan Ades; Maurice Ades; Robert Ades; Aaron Stauber | 1 | Office | |
Loan | 17 | Sunset Strip | 2.1% | SMC | SMC | $17,350,000 | $17,350,000 | $17,350,000 | $201.68 | Refinance | Michael D. Friedman | Michael D. Friedman | 1 | Mixed Use | ||
Loan | 10,22,23 | 18 | Hampton Court | 2.0% | CCRE | CCRE | $17,000,000 | $17,000,000 | $17,000,000 | $52,631.58 | Refinance | Hampton Court Owners Corp. | Hampton Court Owners Corp. | 1 | Multifamily | |
Loan | 10 | 19 | Catalina Luxury Apartments | 2.0% | AREF | AREF | $16,500,000 | $16,500,000 | $16,500,000 | $217,105.26 | Refinance | Mark Gabay | Mark Gabay | 1 | Multifamily | |
Loan | 24 | 20 | The Plaza at Belmar | 1.9% | AREF | AREF | $16,000,000 | $16,000,000 | $16,000,000 | $266,666.67 | Refinance | Barry N. DePeppe; Sanford I. Loran | Barry N. DePeppe; Sanford I. Loran | 1 | Multifamily | |
Loan | 21 | 1520 Chestnut | 1.8% | MSBNA | MSMCH | $14,700,000 | $14,700,000 | $14,700,000 | $390.29 | Refinance | Matthew Pestronk; Michael Pestronk | Matthew Pestronk; Michael Pestronk | 1 | Retail | ||
Loan | 5,6,7 | 22 | Alrig Portfolio | 1.7% | SMC | SMC | $14,500,000 | $14,500,000 | $12,573,189 | $84.65 | Refinance | Gabriel L. Schuchman | Gabriel L. Schuchman | 12 | ||
Property | 22.01 | Bingham III | 0.4% | SMC | SMC | $2,909,667 | $2,909,667 | $2,523,020 | Office | |||||||
Property | 22.02 | 30445 Northwestern Highway | 0.2% | SMC | SMC | $1,906,091 | $1,906,091 | $1,652,803 | Office | |||||||
Property | 22.03 | 1750 South Telegraph Road | 0.2% | SMC | SMC | $1,885,527 | $1,885,527 | $1,634,972 | Office | |||||||
Property | 22.04 | 2550 South Telegraph Road | 0.2% | SMC | SMC | $1,487,495 | $1,487,495 | $1,289,831 | Office | |||||||
Property | 22.05 | 32270 Telegraph Road | 0.1% | SMC | SMC | $1,245,242 | $1,245,242 | $1,079,770 | Office | |||||||
Property | 22.06 | 2525 South Telegraph Road | 0.1% | SMC | SMC | $919,505 | $919,505 | $797,318 | Office | |||||||
Property | 22.07 | Ellsworth Shopping Center | 0.1% | SMC | SMC | $864,727 | $864,727 | $749,819 | Retail | |||||||
Property | 22.08 | 3300 Alpine Avenue | 0.1% | SMC | SMC | $814,109 | $814,109 | $705,927 | Retail | |||||||
Property | 22.09 | 21 East Long Lake Road | 0.1% | SMC | SMC | $801,455 | $801,455 | $694,954 | Office | |||||||
Property | 22.10 | Fairways Office Building | 0.1% | SMC | SMC | $744,040 | $744,040 | $645,170 | Office | |||||||
Property | 22.11 | 7115 Orchard Lake Road | 0.1% | SMC | SMC | $515,556 | $515,556 | $447,047 | Office | |||||||
Property | 22.12 | CGS Canton | 0.0% | SMC | SMC | $406,586 | $406,586 | $352,557 | Office | |||||||
Loan | 6,7 | 23 | Greece Ridge Self Storage Portfolio | 1.6% | MSBNA | MSMCH | $13,000,000 | $13,000,000 | $11,316,453 | $64.55 | Refinance | Lisa A. Steinhoff; Teresa M. Wendorff; Jennifer A. Fallone | Lisa A. Steinhoff; Teresa M. Wendorff; Jennifer A. Fallone | 3 | ||
Property | 23.01 | Greece Ridge Storage | 0.6% | MSBNA | MSMCH | $5,217,343 | $5,217,343 | $4,541,678 | Self Storage | |||||||
Property | 23.02 | Greece Mini Storage | 0.6% | MSBNA | MSMCH | $4,921,067 | $4,921,067 | $4,283,771 | Mixed Use | |||||||
Property | 23.03 | Brockport Mini Storage | 0.3% | MSBNA | MSMCH | $2,861,590 | $2,861,590 | $2,491,004 | Self Storage | |||||||
Loan | 8 | 24 | Indio Towne Center | 1.5% | MSBNA | MSMCH | $12,300,000 | $12,300,000 | $12,300,000 | $99.78 | Refinance | Red Mountain Group; Michael Mugel | Michael H. Mugel; The Michael Mugel Trust U/T/D April 2, 2004, As Amended | 1 | Retail | |
Loan | 5 | 25 | Jewelry Building | 1.4% | CCRE | CCRE | $12,000,000 | $12,000,000 | $8,770,854 | $150.12 | Refinance | Bruce H. Smith | Bruce H. Smith | 1 | Office | |
Loan | 26 | 435 North Lasalle | 1.4% | MSBNA | MSMCH | $11,450,000 | $11,450,000 | $11,450,000 | $238.57 | Acquisition | Hymie Mishan; Saul Sutton | Hymie Mishan; Saul Sutton | 1 | Mixed Use | ||
Loan | 9 | 27 | Stonebridge Shopping Center | 1.3% | MSBNA | MSMCH | $11,200,000 | $11,200,000 | $9,548,919 | $185.97 | Refinance | George W. Stewart, IV | George W. Stewart, IV | 1 | Retail | |
Loan | 28 | Midgard Jacksonville | 1.3% | SMC | SMC | $10,850,000 | $10,850,000 | $9,833,524 | $85.59 | Acquisition | Todd M. Allen; Lewis G. Pollack; Susan Raley; Scott Raley | Todd M. Allen; Lewis G. Pollack; Susan Raley; Scott Raley | 1 | Mixed Use | ||
Loan | 29 | Clovis Storage & Executive Office Suites | 1.2% | MSBNA | MSMCH | $10,000,000 | $10,000,000 | $10,000,000 | $88.95 | Refinance | Jerry L. Clark; Rebecca A. Clark | Jerry L. Clark; Rebecca A. Clark | 1 | Mixed Use | ||
Loan | 30 | Grouse Run Apartments | 1.1% | MSBNA | MSMCH | $9,135,000 | $9,135,000 | $8,302,231 | $37,438.52 | Refinance | BWL Investments, L.L.C. | BWL Investments, L.L.C. | 1 | Multifamily | ||
Loan | 31 | The Crossing at Tahoe Valley | 0.9% | SMC | SMC | $7,850,000 | $7,850,000 | $7,850,000 | $170.33 | Acquisition | John Chen | John Chen | 1 | Retail | ||
Loan | 32 | Mountain Ave Storage 1 | 0.8% | MSBNA | MSMCH | $7,040,000 | $7,040,000 | $7,040,000 | $85.45 | Refinance | S. Philip Kerbis | S. Philip Kerbis | 1 | Self Storage | ||
Loan | 33 | Holiday Inn Express Chalmette | 0.7% | SSC MBS, LLC | SMC | $6,200,000 | $6,200,000 | $5,041,807 | $79,487.18 | Refinance | Bui V. Nguyen | Bui V. Nguyen | 1 | Hospitality | ||
Loan | 34 | 33-16 Woodside Avenue | 0.7% | MSBNA | MSMCH | $6,000,000 | $6,000,000 | $6,000,000 | $174.42 | Refinance | Joseph Ende | Joseph Ende | 1 | Industrial | ||
Loan | 35 | North Pointe Shopping Center | 0.7% | CCRE | CCRE | $5,730,000 | $5,730,000 | $5,730,000 | $75.33 | Acquisition | Tayseer Odeh; Paul Chammas; George Y. Salameh | Tayseer Odeh; Paul Chammas; George Y. Salameh | 1 | Retail | ||
Loan | 6,7 | 36 | 3000 Fondren and River Hill Tower | 0.7% | MSBNA | MSMCH | $5,550,000 | $5,542,497 | $4,407,802 | $67.51 | Refinance | Michael E. Stanek | Michael E. Stanek | 2 | ||
Property | 36.01 | 3000 Fondren | 0.3% | MSBNA | MSMCH | $2,820,000 | $2,816,188 | $2,239,640 | Office | |||||||
Property | 36.02 | River Hill Tower | 0.3% | MSBNA | MSMCH | $2,730,000 | $2,726,309 | $2,168,162 | Office | |||||||
Loan | 37 | 54 Woodstock | 0.7% | MSBNA | MSMCH | $5,500,000 | $5,500,000 | $5,500,000 | $144,736.84 | Refinance | Stanley J. Hubert; John Lamont | Stanley J. Hubert; John Lamont | 1 | Multifamily | ||
Loan | 38 | Commerce Building - San Diego | 0.5% | AREF | AREF | $4,410,000 | $4,410,000 | $4,410,000 | $195.05 | Refinance | Paragon Management Company, LLC | Paragon Real Estate Fund, LLC | 1 | Mixed Use | ||
Loan | 39 | CVS Saraland | 0.5% | MSBNA | MSMCH | $4,257,500 | $4,257,500 | $4,257,500 | $321.93 | Refinance | Investec Real Estate Companies; Kenneth P. Slaught | Kenneth P. Slaught; Kenneth P. Slaught Living Trust Dated March 19, 2001 | 1 | Retail | ||
Loan | 40 | Mountain Ave Storage 2 | 0.5% | MSBNA | MSMCH | $3,960,000 | $3,960,000 | $3,960,000 | $74.75 | Refinance | S. Philip Kerbis | S. Philip Kerbis | 1 | Self Storage |
A-1-1
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Detailed Property Type | Title Type | Ground Lease Initial Lease Expiration Date | Hotel Franchise Agreement Expiration Date | Address | City | County | State | Zip Code | Year Built | Year Renovated | Size |
Loan | 5,9,11,12 | 1 | Bellagio Hotel and Casino | Full Service | Fee/Leasehold | 04/27/2033 | N/A | 3600 South Las Vegas Boulevard | Las Vegas | Clark | NV | 89109 | 1997 | 2019 | 3,933 |
Loan | 5,9 | 2 | 545 Washington Boulevard | CBD | Fee | N/A | N/A | 545 Washington Boulevard | Jersey City | Hudson | NJ | 07310 | 2001 | N/A | 866,706 |
Loan | 5,13,14,15 | 3 | Royal Palm Place | Multifamily, Retail & Office | Fee | N/A | N/A | 194 Southeast 1st Avenue | Boca Raton | Palm Beach | FL | 33432 | 1967, 2005 | N/A | 462,695 |
Loan | 5,16 | 4 | AVR Atlanta Airport Marriott Gateway | Full Service | Fee | N/A | 12/28/2040 | 2020 Convention Center Concourse | Atlanta | Clayton | GA | 30337 | 2010 | 2018-2019 | 403 |
Loan | 6,7,10 | 5 | FTERE Bronx Portfolio 2 | 300 | |||||||||||
Property | 5.01 | 3425 Knox Place | Mid Rise | Fee | N/A | N/A | 3425 Knox Place | Bronx | Bronx | NY | 10467 | 1927 | N/A | 59 | |
Property | 5.02 | 1055 Grand Concourse | Mid Rise | Fee | N/A | N/A | 1055 Grand Concourse | Bronx | Bronx | NY | 10452 | 1918 | N/A | 54 | |
Property | 5.03 | 2081-2085 Valentine Avenue | Mid Rise | Fee | N/A | N/A | 2081-2085 Valentine Avenue | Bronx | Bronx | NY | 10457 | 1929 | N/A | 77 | |
Property | 5.04 | 2264 Creston Avenue | Mid Rise | Fee | N/A | N/A | 2264 Creston Avenue | Bronx | Bronx | NY | 10453 | 1941 | N/A | 59 | |
Property | 5.05 | 104 West 190th Street | Mid Rise | Fee | N/A | N/A | 104 West 190th Street | Bronx | Bronx | NY | 10468 | 1916 | N/A | 22 | |
Property | 5.06 | 1354 Commonwealth Avenue | Mid Rise | Fee | N/A | N/A | 1354 Commonwealth Avenue | Bronx | Bronx | NY | 10472 | 1925 | N/A | 29 | |
Loan | 5,17 | 6 | 1412 Broadway | CBD | Fee | N/A | N/A | 1412 Broadway | New York | New York | NY | 10018 | 1926 | 2007-2012 | 421,396 |
Loan | 5 | 7 | 55 Hudson Yards | CBD | Fee | N/A | N/A | 550 West 34th Street | New York | New York | NY | 10001 | 2018 | N/A | 1,431,212 |
Loan | 6,7 | 8 | Haggerty Corridor Corporate Park | 290,386 | |||||||||||
Property | 8.01 | Lewis Technology Centre | Suburban | Fee | N/A | N/A | 39575 & 39625 Lewis Drive | Novi | Oakland | MI | 48377 | 2003 | 2017 | 109,267 | |
Property | 8.02 | Cabot Technology Centre | Suburban | Fee | N/A | N/A | 28700 & 28850 Cabot Drive | Novi | Oakland | MI | 48377 | 2000 | 2018 | 84,808 | |
Property | 8.03 | Country Club Office Centre | Suburban | Fee | N/A | N/A | 39395 West Twelve Mile Road | Farmington Hills | Oakland | MI | 48331 | 1997 | 2015 | 44,033 | |
Property | 8.04 | LaSalle Technology South | Suburban | Fee | N/A | N/A | 28845 Cabot Drive | Novi | Oakland | MI | 48377 | 2006 | 2018 | 52,278 | |
Loan | 6,7,10 | 9 | Bronx Multifamily Portfolio IV | 208 | |||||||||||
Property | 9.01 | 323-325 East Mosholu Parkway North | Mid Rise | Fee | N/A | N/A | 323-325 East Mosholu Parkway North | Bronx | Bronx | NY | 10467 | 1923 | N/A | 63 | |
Property | 9.02 | 2550-2552 University Avenue | Mid Rise | Fee | N/A | N/A | 2550-2552 University Avenue | Bronx | Bronx | NY | 10468 | 1922 | N/A | 54 | |
Property | 9.03 | 2952-2954 Marion Avenue | Mid Rise | Fee | N/A | N/A | 2952-2954 Marion Avenue | Bronx | Bronx | NY | 10458 | 1924 | N/A | 54 | |
Property | 9.04 | 3205 Grand Concourse | Mid Rise | Fee | N/A | N/A | 3205 Grand Concourse | Bronx | Bronx | NY | 10468 | 1953 | N/A | 37 | |
Loan | 18 | 10 | Seven Trees Center | Anchored | Fee | N/A | N/A | 3826-3828 & 3849-3861 Seven Trees Boulevard and 4040-4152 Monterey Highway | San Jose | Santa Clara | CA | 95111 | 1964-1966, 1979, 1999 | N/A | 156,225 |
Loan | 5,19 | 11 | Sol y Luna | Student Housing | Fee | N/A | N/A | 1020 North Tyndall Avenue and 1027 & 1031 North Park Avenue | Tucson | Pima | AZ | 85719 | 2013-2014 | N/A | 977 |
Loan | 5 | 12 | McCarthy Ranch | Anchored | Fee | N/A | N/A | 15-251 Ranch Drive | Milpitas | Santa Clara | CA | 95035 | 1994 | N/A | 265,994 |
Loan | 20 | 13 | Ashley Court Apartments | Garden | Fee | N/A | N/A | 10900 Bustleton Avenue | Philadelphia | Philadelphia | PA | 19116 | 1965 | 2019 | 254 |
Loan | 14 | Versatile Warehouse | Flex | Fee | N/A | N/A | 4701 Southwest 45th Street | Davie | Broward | FL | 33314 | 1978, 1981, 1984, 1993 | N/A | 267,580 | |
Loan | 15 | Northwest Crossing | Suburban | Fee | N/A | N/A | 13101 & 13105 Northwest Freeway | Houston | Harris | TX | 77040 | 1979, 1983 | 1990, 2012 | 381,639 | |
Loan | 21 | 16 | Four Research Drive | Suburban | Fee | N/A | N/A | 4 Research Drive | Shelton | Fairfield | CT | 06484 | 1999 | 2015 | 161,517 |
Loan | 17 | Sunset Strip | Retail/Office | Fee | N/A | N/A | 10855 Southwest 72nd Street | Miami | Miami-Dade | FL | 33173 | 1984 | 2019 | 86,029 | |
Loan | 10,22,23 | 18 | Hampton Court | Cooperative | Fee | N/A | N/A | 11701 Park Lane South | Kew Gardens | Queens | NY | 11418 | 1935 | N/A | 323 |
Loan | 10 | 19 | Catalina Luxury Apartments | Garden | Fee | N/A | N/A | 14339 Whittier Boulevard | Whittier | Los Angeles | CA | 90605 | 2019 | N/A | 76 |
Loan | 24 | 20 | The Plaza at Belmar | Garden | Fee/Leasehold | 07/31/2030 | N/A | 707 Tenth Avenue | Belmar | Monmouth | NJ | 07719 | 2019 | N/A | 60 |
Loan | 21 | 1520 Chestnut | Unanchored | Fee | N/A | N/A | 1520-1522 Chestnut Street | Philadelphia | Philadelphia | PA | 19102 | 1934 | 2017 | 37,664 | |
Loan | 5,6,7 | 22 | Alrig Portfolio | 584,741 | |||||||||||
Property | 22.01 | Bingham III | Suburban | Fee | N/A | N/A | 30200 Telegraph Road | Bingham Farms | Oakland | MI | 48025 | 1983 | 2010 | 159,243 | |
Property | 22.02 | 30445 Northwestern Highway | Suburban | Fee | N/A | N/A | 30445 Northwestern Highway | Farmington Hills | Oakland | MI | 48334 | 1986 | 2010 | 93,017 | |
Property | 22.03 | 1750 South Telegraph Road | Medical | Fee | N/A | N/A | 1750 South Telegraph Road | Bloomfield Township | Oakland | MI | 48302 | 1990 | 2012 | 67,878 | |
Property | 22.04 | 2550 South Telegraph Road | Medical | Fee | N/A | N/A | 2550 South Telegraph Road | Bloomfield Township | Oakland | MI | 48301 | 1978 | 2012 | 61,227 | |
Property | 22.05 | 32270 Telegraph Road | Suburban | Fee | N/A | N/A | 32270 Telegraph Road | Bingham Farms | Oakland | MI | 48025 | 1984 | 2012 | 52,639 | |
Property | 22.06 | 2525 South Telegraph Road | Medical | Fee | N/A | N/A | 2525 South Telegraph Road | Bloomfield Township | Oakland | MI | 48302 | 1987 | 2012 | 32,505 | |
Property | 22.07 | Ellsworth Shopping Center | Unanchored | Fee | N/A | N/A | 208 High Street | Ellsworth | Hancock | ME | 04605 | 2018 | N/A | 15,060 | |
Property | 22.08 | 3300 Alpine Avenue | Shadow Anchored | Fee | N/A | N/A | 3300 Alpine Avenue | Walker | Kent | MI | 49544 | 2018 | N/A | 6,564 | |
Property | 22.09 | 21 East Long Lake Road | Suburban | Fee | N/A | N/A | 21 East Long Lake Road | Bloomfield Hills | Oakland | MI | 48304 | 1966 | 2005 | 26,688 | |
Property | 22.10 | Fairways Office Building | Suburban | Fee | N/A | N/A | 28470 West 13 Mile Road | Farmington Hills | Oakland | MI | 48334 | 2000 | N/A | 35,469 | |
Property | 22.11 | 7115 Orchard Lake Road | Suburban | Fee | N/A | N/A | 7115 Orchard Lake Road | West Bloomfield Township | Oakland | MI | 48322 | 1988 | 2012 | 25,102 | |
Property | 22.12 | CGS Canton | Suburban | Fee | N/A | N/A | 45250 Cherry Hill Road | Canton | Wayne | MI | 48187 | 2012 | N/A | 9,349 | |
Loan | 6,7 | 23 | Greece Ridge Self Storage Portfolio | 201,394 | |||||||||||
Property | 23.01 | Greece Ridge Storage | Self Storage | Fee | N/A | N/A | 4665 & 4671 West Ridge Road | Spencerport | Monroe | NY | 14559 | 1995-2018 | N/A | 77,950 | |
Property | 23.02 | Greece Mini Storage | Self Storage/Retail | Fee | N/A | N/A | 45 Cedarfield Commons | Rochester | Monroe | NY | 14612 | 1986-1997 | N/A | 71,621 | |
Property | 23.03 | Brockport Mini Storage | Self Storage | Fee | N/A | N/A | 1980 Transit Way | Brockport | Monroe | NY | 14420 | 1992 | 2013 | 51,823 | |
Loan | 8 | 24 | Indio Towne Center | Anchored | Fee | N/A | N/A | 42300, 42350, 42400, 42450, 42500, 42700 and 42800 Jackson Street | Indio | Riverside | CA | 92203 | 2008, 2018 | 2018 | 123,271 |
Loan | 5 | 25 | Jewelry Building | Suburban | Fee | N/A | N/A | 7500 Bellaire Boulevard | Houston | Harris | TX | 77036 | 1962 | 2017 | 113,242 |
Loan | 26 | 435 North Lasalle | Office/Retail | Fee | N/A | N/A | 435 North Lasalle Drive | Chicago | Cook | IL | 60654 | 1906 | 2015-2017 | 47,994 | |
Loan | 9 | 27 | Stonebridge Shopping Center | Shadow Anchored | Fee | N/A | N/A | 7303 Midlothian Turnpike, 7130 Tim Price Way, 101 & 241 Stonebridge Plaza Avenue | Richmond | Chesterfield | VA | 23225 | 2013 | N/A | 60,224 |
Loan | 28 | Midgard Jacksonville | Self Storage/Retail | Fee | N/A | N/A | 9119 Merrill Road | Jacksonville | Duval | FL | 32225 | 1990 | 2004 | 126,761 | |
Loan | 29 | Clovis Storage & Executive Office Suites | Self Storage/Office | Fee | N/A | N/A | 2491 Alluvial Avenue | Clovis | Fresno | CA | 93611 | 2006 | N/A | 112,418 | |
Loan | 30 | Grouse Run Apartments | Garden | Fee | N/A | N/A | 2401 Northwest 122nd Street | Oklahoma City | Oklahoma | OK | 73120 | 1984 | N/A | 244 | |
Loan | 31 | The Crossing at Tahoe Valley | Unanchored | Fee | N/A | N/A | 2014-2062 Lake Tahoe Boulevard | South Lake Tahoe | El Dorado | CA | 96150 | 1973 | 2017 | 46,088 | |
Loan | 32 | Mountain Ave Storage 1 | Self Storage | Fee | N/A | N/A | 630 South Mountain Avenue | Ontario | San Bernardino | CA | 91762 | 1986 | N/A | 82,387 | |
Loan | 33 | Holiday Inn Express Chalmette | Limited Service | Fee | N/A | 02/02/2038 | 7905 West Judge Perez Drive | Chalmette | St. Bernard | LA | 70043 | 2018 | N/A | 78 | |
Loan | 34 | 33-16 Woodside Avenue | Single Tenant | Fee | N/A | N/A | 33-16 Woodside Avenue | Long Island City | Queens | NY | 11101 | 1949 | N/A | 34,400 | |
Loan | 35 | North Pointe Shopping Center | Anchored | Fee | N/A | N/A | 1401-1550 North Ben Maddox Way | Visalia | Tulare | CA | 93292 | 1993 | N/A | 76,062 | |
Loan | 6,7 | 36 | 3000 Fondren and River Hill Tower | 82,098 | |||||||||||
Property | 36.01 | 3000 Fondren | Suburban | Fee | N/A | N/A | 3000 Old Canton Road | Jackson | Hinds | MS | 39216 | 1960 | 2017 | 43,679 | |
Property | 36.02 | River Hill Tower | Suburban | Fee | N/A | N/A | 1675 Lakeland Drive | Jackson | Hinds | MS | 39216 | 1977 | 2018 | 38,419 | |
Loan | 37 | 54 Woodstock | Garden | Fee | N/A | N/A | 5401 Southeast Woodstock Boulevard | Portland | Multnomah | OR | 97206 | 2019 | N/A | 38 | |
Loan | 38 | Commerce Building - San Diego | Retail/Office | Fee | N/A | N/A | 835 Fifth Avenue | San Diego | San Diego | CA | 92101 | 1888 | 1999 | 22,610 | |
Loan | 39 | CVS Saraland | Single Tenant | Fee | N/A | N/A | 24 Saraland Boulevard North | Saraland | Mobile | AL | 36571 | 2015 | N/A | 13,225 | |
Loan | 40 | Mountain Ave Storage 2 | Self Storage | Fee | N/A | N/A | 112 South Mountain Avenue | Ontario | San Bernardino | CA | 91762 | 1985 | N/A | 52,976 |
A-1-2
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Units of Measure | Occupancy Rate(2) | Occupancy Rate As-of Date | Appraised Value | Appraised Value As-of Date | Mortgage Rate | Administrative Fee Rate(3) | Master Servicing Fee Rate | Primary Servicing Fee Rate | Pari Passu Loan Primary Servicing Fee Rate | Trustee Fee Rate | Trust Advisor Fee Rate | |
Loan | 5,9,11,12 | 1 | Bellagio Hotel and Casino | Rooms | 94.8% | 09/30/2019 | $4,260,000,000 | 10/16/2019 | 3.1702% | 0.01515% | 0.00250% | 0.00000% | 0.00125% | 0.00897% | 0.00162% | |
Loan | 5,9 | 2 | 545 Washington Boulevard | SF | 95.5% | 08/01/2019 | $410,000,000 | 10/16/2019 | 3.4050% | 0.01640% | 0.00250% | 0.00000% | 0.00250% | 0.00897% | 0.00162% | |
Loan | 5,13,14,15 | 3 | Royal Palm Place | SF | 97.6% | 10/15/2019 | $175,000,000 | 09/13/2019 | 3.8100% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | |
Loan | 5,16 | 4 | AVR Atlanta Airport Marriott Gateway | Rooms | 81.0% | 10/31/2019 | $167,500,000 | 10/01/2019 | 3.8850% | 0.03640% | 0.00250% | 0.02250% | 0.00000% | 0.00897% | 0.00162% | |
Loan | 6,7,10 | 5 | FTERE Bronx Portfolio 2 | Units | 98.7% | $65,300,000 | 3.7400% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | |||
Property | 5.01 | 3425 Knox Place | Units | 98.3% | 01/01/2020 | $13,800,000 | 12/04/2019 | |||||||||
Property | 5.02 | 1055 Grand Concourse | Units | 100.0% | 01/01/2020 | $13,400,000 | 12/05/2019 | |||||||||
Property | 5.03 | 2081-2085 Valentine Avenue | Units | 97.4% | 01/01/2020 | $12,600,000 | 12/04/2019 | |||||||||
Property | 5.04 | 2264 Creston Avenue | Units | 98.3% | 01/01/2020 | $11,500,000 | 12/04/2019 | |||||||||
Property | 5.05 | 104 West 190th Street | Units | 100.0% | 01/01/2020 | $7,700,000 | 12/04/2019 | |||||||||
Property | 5.06 | 1354 Commonwealth Avenue | Units | 100.0% | 01/01/2020 | $6,300,000 | 12/04/2019 | |||||||||
Loan | 5,17 | 6 | 1412 Broadway | SF | 95.2% | 11/01/2019 | $360,000,000 | 10/01/2019 | 3.6100% | 0.01640% | 0.00250% | 0.00000% | 0.00250% | 0.00897% | 0.00162% | |
Loan | 5 | 7 | 55 Hudson Yards | SF | 97.3% | 11/19/2019 | $2,400,000,000 | 10/15/2019 | 2.9500% | 0.01515% | 0.00250% | 0.00000% | 0.00125% | 0.00897% | 0.00162% | |
Loan | 6,7 | 8 | Haggerty Corridor Corporate Park | SF | 92.5% | $53,400,000 | 3.6880% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | |||
Property | 8.01 | Lewis Technology Centre | SF | 100.0% | 01/16/2020 | $19,100,000 | 11/01/2019 | |||||||||
Property | 8.02 | Cabot Technology Centre | SF | 82.2% | 01/16/2020 | $15,100,000 | 11/01/2019 | |||||||||
Property | 8.03 | Country Club Office Centre | SF | 85.0% | 01/16/2020 | $10,300,000 | 11/01/2019 | |||||||||
Property | 8.04 | LaSalle Technology South | SF | 100.0% | 01/16/2020 | $8,900,000 | 11/01/2019 | |||||||||
Loan | 6,7,10 | 9 | Bronx Multifamily Portfolio IV | Units | 100.0% | $55,300,000 | 3.9200% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | |||
Property | 9.01 | 323-325 East Mosholu Parkway North | Units | 100.0% | 12/31/2019 | $18,200,000 | 09/19/2019 | |||||||||
Property | 9.02 | 2550-2552 University Avenue | Units | 100.0% | 12/31/2019 | $13,900,000 | 09/19/2019 | |||||||||
Property | 9.03 | 2952-2954 Marion Avenue | Units | 100.0% | 12/31/2019 | $15,500,000 | 09/19/2019 | |||||||||
Property | 9.04 | 3205 Grand Concourse | Units | 100.0% | 12/31/2019 | $7,700,000 | 09/19/2019 | |||||||||
Loan | 18 | 10 | Seven Trees Center | SF | 97.3% | 10/01/2019 | $47,100,000 | 09/03/2019 | 3.5950% | 0.04390% | 0.00250% | 0.03000% | 0.00000% | 0.00897% | 0.00162% | |
Loan | 5,19 | 11 | Sol y Luna | Beds | 89.4% | 09/04/2019 | $191,500,000 | 09/12/2019 | 3.8400% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | |
Loan | 5 | 12 | McCarthy Ranch | SF | 95.5% | 01/16/2020 | $74,400,000 | 12/04/2019 | 3.6940% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | |
Loan | 20 | 13 | Ashley Court Apartments | Units | 96.1% | 11/18/2019 | $37,000,000 | 11/07/2019 | 3.8430% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | |
Loan | 14 | Versatile Warehouse | SF | 96.7% | 01/20/2020 | $36,900,000 | 09/17/2019 | 3.5800% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | ||
Loan | 15 | Northwest Crossing | SF | 83.1% | 12/01/2019 | $30,735,000 | 11/27/2019 | 3.9000% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | ||
Loan | 21 | 16 | Four Research Drive | SF | 92.3% | 12/01/2019 | $25,400,000 | 11/14/2019 | 4.2000% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | |
Loan | 17 | Sunset Strip | SF | 96.9% | 01/01/2020 | $28,050,000 | 10/29/2019 | 3.5700% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | ||
Loan | 10,22,23 | 18 | Hampton Court | Units | 100.0% | 11/12/2019 | $115,000,000 | 11/06/2019 | 2.9200% | 0.03640% | 0.00250% | 0.02250% | 0.00000% | 0.00897% | 0.00162% | |
Loan | 10 | 19 | Catalina Luxury Apartments | Units | 96.1% | 11/07/2019 | $29,300,000 | 11/12/2019 | 3.7270% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | |
Loan | 24 | 20 | The Plaza at Belmar | Units | 93.3% | 01/01/2020 | $24,000,000 | 12/06/2019 | 4.0770% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | |
Loan | 21 | 1520 Chestnut | SF | 100.0% | 10/15/2019 | $26,900,000 | 10/11/2019 | 3.8050% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | ||
Loan | 5,6,7 | 22 | Alrig Portfolio | SF | 90.9% | $73,110,000 | 4.0150% | 0.06515% | 0.00375% | 0.00000% | 0.05000% | 0.00897% | 0.00162% | |||
Property | 22.01 | Bingham III | SF | 93.9% | 10/17/2019 | $14,300,000 | 09/24/2019 | |||||||||
Property | 22.02 | 30445 Northwestern Highway | SF | 89.6% | 10/17/2019 | $9,500,000 | 09/25/2019 | |||||||||
Property | 22.03 | 1750 South Telegraph Road | SF | 95.7% | 10/17/2019 | $10,600,000 | 09/25/2019 | |||||||||
Property | 22.04 | 2550 South Telegraph Road | SF | 92.1% | 10/17/2019 | $7,500,000 | 09/25/2019 | |||||||||
Property | 22.05 | 32270 Telegraph Road | SF | 61.9% | 10/17/2019 | $6,500,000 | 09/24/2019 | |||||||||
Property | 22.06 | 2525 South Telegraph Road | SF | 94.8% | 10/17/2019 | $4,600,000 | 09/25/2019 | |||||||||
Property | 22.07 | Ellsworth Shopping Center | SF | 100.0% | 10/17/2019 | $4,100,000 | 09/20/2019 | |||||||||
Property | 22.08 | 3300 Alpine Avenue | SF | 100.0% | 10/17/2019 | $3,860,000 | 09/27/2019 | |||||||||
Property | 22.09 | 21 East Long Lake Road | SF | 100.0% | 10/17/2019 | $3,800,000 | 09/25/2019 | |||||||||
Property | 22.10 | Fairways Office Building | SF | 96.7% | 10/17/2019 | $3,700,000 | 10/21/2019 | |||||||||
Property | 22.11 | 7115 Orchard Lake Road | SF | 87.6% | 10/17/2019 | $2,600,000 | 09/25/2019 | |||||||||
Property | 22.12 | CGS Canton | SF | 100.0% | 10/17/2019 | $2,050,000 | 09/30/2019 | |||||||||
Loan | 6,7 | 23 | Greece Ridge Self Storage Portfolio | SF | 93.9% | $17,990,000 | 4.1800% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | |||
Property | 23.01 | Greece Ridge Storage | SF | 93.3% | 10/30/2019 | $7,220,000 | 11/07/2019 | |||||||||
Property | 23.02 | Greece Mini Storage | SF | 96.3% | 10/30/2019 | $6,810,000 | 11/13/2019 | |||||||||
Property | 23.03 | Brockport Mini Storage | SF | 91.6% | 10/30/2019 | $3,960,000 | 11/13/2019 | |||||||||
Loan | 8 | 24 | Indio Towne Center | SF | 94.6% | 12/01/2019 | $19,700,000 | 11/11/2019 | 3.9500% | 0.06390% | 0.00250% | 0.05000% | 0.00000% | 0.00897% | 0.00162% | |
Loan | 5 | 25 | Jewelry Building | SF | 99.8% | 10/31/2019 | $23,500,000 | 11/18/2019 | 4.2950% | 0.03640% | 0.00250% | 0.02250% | 0.00000% | 0.00897% | 0.00162% | |
Loan | 26 | 435 North Lasalle | SF | 92.7% | 09/20/2019 | $17,100,000 | 10/23/2019 | 3.6300% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | ||
Loan | 9 | 27 | Stonebridge Shopping Center | SF | 85.8% | 08/31/2019 | $15,500,000 | 10/09/2019 | 4.3600% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | |
Loan | 28 | Midgard Jacksonville | SF | 96.9% | 12/01/2019 | $15,550,000 | 12/04/2019 | 3.8170% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | ||
Loan | 29 | Clovis Storage & Executive Office Suites | SF | 93.4% | 11/30/2019 | $20,900,000 | 11/04/2019 | 3.5300% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | ||
Loan | 30 | Grouse Run Apartments | Units | 91.4% | 11/30/2019 | $13,200,000 | 10/03/2019 | 3.9800% | 0.06390% | 0.00250% | 0.05000% | 0.00000% | 0.00897% | 0.00162% | ||
Loan | 31 | The Crossing at Tahoe Valley | SF | 87.0% | 12/26/2019 | $15,000,000 | 12/02/2019 | 3.9620% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | ||
Loan | 32 | Mountain Ave Storage 1 | SF | 87.2% | 10/31/2019 | $12,700,000 | 10/24/2019 | 3.9200% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | ||
Loan | 33 | Holiday Inn Express Chalmette | Rooms | 65.7% | 12/31/2019 | $10,000,000 | 11/01/2019 | 4.6020% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | ||
Loan | 34 | 33-16 Woodside Avenue | SF | 100.0% | 02/01/2020 | $12,500,000 | 11/19/2019 | 3.3500% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | ||
Loan | 35 | North Pointe Shopping Center | SF | 91.8% | 10/31/2019 | $9,550,000 | 10/23/2019 | 3.8580% | 0.03640% | 0.00250% | 0.02250% | 0.00000% | 0.00897% | 0.00162% | ||
Loan | 6,7 | 36 | 3000 Fondren and River Hill Tower | SF | 87.4% | $9,300,000 | 3.9223% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | |||
Property | 36.01 | 3000 Fondren | SF | 81.8% | 12/06/2019 | $5,100,000 | 09/03/2019 | |||||||||
Property | 36.02 | River Hill Tower | SF | 93.8% | 12/12/2019 | $4,200,000 | 09/03/2019 | |||||||||
Loan | 37 | 54 Woodstock | Units | 89.5% | 12/04/2019 | $9,000,000 | 11/01/2019 | 4.1900% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | ||
Loan | 38 | Commerce Building - San Diego | SF | 95.6% | 01/15/2020 | $8,400,000 | 12/19/2019 | 4.1600% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | ||
Loan | 39 | CVS Saraland | SF | 100.0% | 02/01/2020 | $6,550,000 | 10/29/2019 | 4.1600% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% | ||
Loan | 40 | Mountain Ave Storage 2 | SF | 80.8% | 10/31/2019 | $6,460,000 | 10/24/2019 | 3.9200% | 0.01640% | 0.00250% | 0.00250% | 0.00000% | 0.00897% | 0.00162% |
A-1-3
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Asset Representations Reviewer Fee Rate | CREFC Fee Rate | Interest Accrual Basis | Seasoning (mos.) | ARD (Yes/No) | Original Term to Maturity (mos.) | Remaining Term to Maturity (mos.) | Original Interest-Only Period (mos.) | Remaining Interest-Only Period (mos.) | Original Amortization Term (mos.) | Remaining Amortization Term (mos.) | Note Date |
Loan | 5,9,11,12 | 1 | Bellagio Hotel and Casino | 0.00031% | 0.00050% | Actual/360 | 2 | No | 120 | 118 | 120 | 118 | 0 | 0 | 11/15/2019 |
Loan | 5,9 | 2 | 545 Washington Boulevard | 0.00031% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 01/06/2020 |
Loan | 5,13,14,15 | 3 | Royal Palm Place | 0.00031% | 0.00050% | Actual/360 | 3 | No | 120 | 117 | 120 | 117 | 0 | 0 | 10/25/2019 |
Loan | 5,16 | 4 | AVR Atlanta Airport Marriott Gateway | 0.00031% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 12/19/2019 |
Loan | 6,7,10 | 5 | FTERE Bronx Portfolio 2 | 0.00031% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 01/24/2020 |
Property | 5.01 | 3425 Knox Place | |||||||||||||
Property | 5.02 | 1055 Grand Concourse | |||||||||||||
Property | 5.03 | 2081-2085 Valentine Avenue | |||||||||||||
Property | 5.04 | 2264 Creston Avenue | |||||||||||||
Property | 5.05 | 104 West 190th Street | |||||||||||||
Property | 5.06 | 1354 Commonwealth Avenue | |||||||||||||
Loan | 5,17 | 6 | 1412 Broadway | 0.00031% | 0.00050% | Actual/360 | 2 | No | 120 | 118 | 120 | 118 | 0 | 0 | 11/25/2019 |
Loan | 5 | 7 | 55 Hudson Yards | 0.00031% | 0.00050% | Actual/360 | 2 | No | 120 | 118 | 120 | 118 | 0 | 0 | 11/21/2019 |
Loan | 6,7 | 8 | Haggerty Corridor Corporate Park | 0.00031% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 24 | 24 | 360 | 360 | 01/21/2020 |
Property | 8.01 | Lewis Technology Centre | |||||||||||||
Property | 8.02 | Cabot Technology Centre | |||||||||||||
Property | 8.03 | Country Club Office Centre | |||||||||||||
Property | 8.04 | LaSalle Technology South | |||||||||||||
Loan | 6,7,10 | 9 | Bronx Multifamily Portfolio IV | 0.00031% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 12/19/2019 |
Property | 9.01 | 323-325 East Mosholu Parkway North | |||||||||||||
Property | 9.02 | 2550-2552 University Avenue | |||||||||||||
Property | 9.03 | 2952-2954 Marion Avenue | |||||||||||||
Property | 9.04 | 3205 Grand Concourse | |||||||||||||
Loan | 18 | 10 | Seven Trees Center | 0.00031% | 0.00050% | Actual/360 | 3 | No | 120 | 117 | 120 | 117 | 0 | 0 | 11/01/2019 |
Loan | 5,19 | 11 | Sol y Luna | 0.00031% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 01/03/2020 |
Loan | 5 | 12 | McCarthy Ranch | 0.00031% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 01/24/2020 |
Loan | 20 | 13 | Ashley Court Apartments | 0.00031% | 0.00050% | Actual/360 | 2 | No | 120 | 118 | 120 | 118 | 0 | 0 | 12/05/2019 |
Loan | 14 | Versatile Warehouse | 0.00031% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 01/24/2020 | |
Loan | 15 | Northwest Crossing | 0.00031% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 24 | 24 | 360 | 360 | 01/24/2020 | |
Loan | 21 | 16 | Four Research Drive | 0.00031% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 0 | 0 | 360 | 359 | 12/20/2019 |
Loan | 17 | Sunset Strip | 0.00031% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 01/23/2020 | |
Loan | 10,22,23 | 18 | Hampton Court | 0.00031% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 12/11/2019 |
Loan | 10 | 19 | Catalina Luxury Apartments | 0.00031% | 0.00050% | Actual/360 | 2 | No | 120 | 118 | 120 | 118 | 0 | 0 | 11/22/2019 |
Loan | 24 | 20 | The Plaza at Belmar | 0.00031% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 12/23/2019 |
Loan | 21 | 1520 Chestnut | 0.00031% | 0.00050% | Actual/360 | 2 | No | 120 | 118 | 120 | 118 | 0 | 0 | 11/18/2019 | |
Loan | 5,6,7 | 22 | Alrig Portfolio | 0.00031% | 0.00050% | Actual/360 | 3 | No | 120 | 117 | 36 | 33 | 360 | 360 | 10/25/2019 |
Property | 22.01 | Bingham III | |||||||||||||
Property | 22.02 | 30445 Northwestern Highway | |||||||||||||
Property | 22.03 | 1750 South Telegraph Road | |||||||||||||
Property | 22.04 | 2550 South Telegraph Road | |||||||||||||
Property | 22.05 | 32270 Telegraph Road | |||||||||||||
Property | 22.06 | 2525 South Telegraph Road | |||||||||||||
Property | 22.07 | Ellsworth Shopping Center | |||||||||||||
Property | 22.08 | 3300 Alpine Avenue | |||||||||||||
Property | 22.09 | 21 East Long Lake Road | |||||||||||||
Property | 22.10 | Fairways Office Building | |||||||||||||
Property | 22.11 | 7115 Orchard Lake Road | |||||||||||||
Property | 22.12 | CGS Canton | |||||||||||||
Loan | 6,7 | 23 | Greece Ridge Self Storage Portfolio | 0.00031% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 36 | 36 | 360 | 360 | 01/14/2020 |
Property | 23.01 | Greece Ridge Storage | |||||||||||||
Property | 23.02 | Greece Mini Storage | |||||||||||||
Property | 23.03 | Brockport Mini Storage | |||||||||||||
Loan | 8 | 24 | Indio Towne Center | 0.00031% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 12/20/2019 |
Loan | 5 | 25 | Jewelry Building | 0.00031% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 0 | 0 | 300 | 300 | 01/28/2020 |
Loan | 26 | 435 North Lasalle | 0.00031% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 12/11/2019 | |
Loan | 9 | 27 | Stonebridge Shopping Center | 0.00031% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 24 | 23 | 360 | 360 | 12/17/2019 |
Loan | 28 | Midgard Jacksonville | 0.00031% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 60 | 60 | 360 | 360 | 01/21/2020 | |
Loan | 29 | Clovis Storage & Executive Office Suites | 0.00031% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 12/18/2019 | |
Loan | 30 | Grouse Run Apartments | 0.00031% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 60 | 59 | 360 | 360 | 12/06/2019 | |
Loan | 31 | The Crossing at Tahoe Valley | 0.00031% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 01/10/2020 | |
Loan | 32 | Mountain Ave Storage 1 | 0.00031% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 12/20/2019 | |
Loan | 33 | Holiday Inn Express Chalmette | 0.00031% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 0 | 0 | 360 | 360 | 01/27/2020 | |
Loan | 34 | 33-16 Woodside Avenue | 0.00031% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 01/06/2020 | |
Loan | 35 | North Pointe Shopping Center | 0.00031% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 01/14/2020 | |
Loan | 6,7 | 36 | 3000 Fondren and River Hill Tower | 0.00031% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 0 | 0 | 360 | 359 | 12/30/2019 |
Property | 36.01 | 3000 Fondren | |||||||||||||
Property | 36.02 | River Hill Tower | |||||||||||||
Loan | 37 | 54 Woodstock | 0.00031% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 12/18/2019 | |
Loan | 38 | Commerce Building - San Diego | 0.00031% | 0.00050% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 01/21/2020 | |
Loan | 39 | CVS Saraland | 0.00031% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 12/23/2019 | |
Loan | 40 | Mountain Ave Storage 2 | 0.00031% | 0.00050% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 12/20/2019 |
A-1-4
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | First Payment Date | First P&I Payment Date (Partial IO Loans) | Maturity Date | ARD Loan Final Maturity Date | Monthly Debt Service (P&I) | Monthly Debt Service (IO) | Annual Debt Service (P&I) | Annual Debt Service (IO) | Lockbox Type | Cash Management Status | Crossed With Other Loans | Related-Borrower Loans |
Loan | 5,9,11,12 | 1 | Bellagio Hotel and Casino | 01/05/2020 | N/A | 12/05/2029 | 12/05/2029 | $0.00 | $174,101.57 | $0.00 | $2,089,218.84 | Hard | Springing | No | N/A |
Loan | 5,9 | 2 | 545 Washington Boulevard | 03/05/2020 | N/A | 02/05/2030 | 02/05/2030 | $0.00 | $172,614.58 | $0.00 | $2,071,374.96 | Springing | Springing | No | N/A |
Loan | 5,13,14,15 | 3 | Royal Palm Place | 12/06/2019 | N/A | 11/06/2029 | 11/06/2029 | $0.00 | $193,145.83 | $0.00 | $2,317,749.96 | Soft | Springing | No | N/A |
Loan | 5,16 | 4 | AVR Atlanta Airport Marriott Gateway | 02/01/2020 | N/A | 01/01/2030 | 01/01/2030 | $0.00 | $183,818.06 | $0.00 | $2,205,816.72 | Hard | Springing | No | N/A |
Loan | 6,7,10 | 5 | FTERE Bronx Portfolio 2 | 03/01/2020 | N/A | 02/01/2030 | 02/01/2030 | $0.00 | $138,405.97 | $0.00 | $1,660,871.64 | Springing | Springing | No | N/A |
Property | 5.01 | 3425 Knox Place | |||||||||||||
Property | 5.02 | 1055 Grand Concourse | |||||||||||||
Property | 5.03 | 2081-2085 Valentine Avenue | |||||||||||||
Property | 5.04 | 2264 Creston Avenue | |||||||||||||
Property | 5.05 | 104 West 190th Street | |||||||||||||
Property | 5.06 | 1354 Commonwealth Avenue | |||||||||||||
Loan | 5,17 | 6 | 1412 Broadway | 01/01/2020 | N/A | 12/01/2029 | 12/01/2029 | $0.00 | $122,004.63 | $0.00 | $1,464,055.56 | Hard | In Place | No | N/A |
Loan | 5 | 7 | 55 Hudson Yards | 01/06/2020 | N/A | 12/06/2029 | 12/06/2029 | $0.00 | $91,972.40 | $0.00 | $1,103,668.80 | Hard | Springing | No | N/A |
Loan | 6,7 | 8 | Haggerty Corridor Corporate Park | 03/06/2020 | 03/06/2022 | 02/06/2030 | 02/06/2030 | $154,427.12 | $104,698.22 | $1,853,125.44 | $1,256,378.67 | Springing | Springing | No | N/A |
Property | 8.01 | Lewis Technology Centre | |||||||||||||
Property | 8.02 | Cabot Technology Centre | |||||||||||||
Property | 8.03 | Country Club Office Centre | |||||||||||||
Property | 8.04 | LaSalle Technology South | |||||||||||||
Loan | 6,7,10 | 9 | Bronx Multifamily Portfolio IV | 02/01/2020 | N/A | 01/01/2030 | 01/01/2030 | $0.00 | $110,290.83 | $0.00 | $1,323,489.96 | Springing | Springing | No | N/A |
Property | 9.01 | 323-325 East Mosholu Parkway North | |||||||||||||
Property | 9.02 | 2550-2552 University Avenue | |||||||||||||
Property | 9.03 | 2952-2954 Marion Avenue | |||||||||||||
Property | 9.04 | 3205 Grand Concourse | |||||||||||||
Loan | 18 | 10 | Seven Trees Center | 12/01/2019 | N/A | 11/01/2029 | 11/01/2029 | $0.00 | $82,010.94 | $0.00 | $984,131.28 | Springing | Springing | No | N/A |
Loan | 5,19 | 11 | Sol y Luna | 02/06/2020 | N/A | 01/06/2030 | 01/06/2030 | $0.00 | $81,111.11 | $0.00 | $973,333.32 | Soft | Springing | No | N/A |
Loan | 5 | 12 | McCarthy Ranch | 03/06/2020 | N/A | 02/06/2030 | 02/06/2030 | $0.00 | $78,027.20 | $0.00 | $936,326.39 | Hard | Springing | No | N/A |
Loan | 20 | 13 | Ashley Court Apartments | 01/06/2020 | N/A | 12/06/2029 | 12/06/2029 | $0.00 | $81,174.48 | $0.00 | $974,093.76 | Springing | Springing | No | N/A |
Loan | 14 | Versatile Warehouse | 03/06/2020 | N/A | 02/06/2030 | 02/06/2030 | $0.00 | $60,495.37 | $0.00 | $725,944.44 | Springing | Springing | No | N/A | |
Loan | 15 | Northwest Crossing | 03/06/2020 | 03/06/2022 | 02/06/2030 | 02/06/2030 | $90,560.30 | $63,266.67 | $1,086,723.60 | $759,200.04 | Soft | Springing | No | N/A | |
Loan | 21 | 16 | Four Research Drive | 02/06/2020 | N/A | 01/06/2030 | 01/06/2030 | $89,245.63 | $0.00 | $1,070,947.56 | $0.00 | Hard | Springing | No | N/A |
Loan | 17 | Sunset Strip | 03/06/2020 | N/A | 02/06/2030 | 02/06/2030 | $0.00 | $52,333.14 | $0.00 | $627,997.71 | Springing | Springing | No | N/A | |
Loan | 10,22,23 | 18 | Hampton Court | 02/01/2020 | N/A | 01/01/2030 | 01/01/2030 | $0.00 | $41,941.20 | $0.00 | $503,294.40 | None | None | No | N/A |
Loan | 10 | 19 | Catalina Luxury Apartments | 01/06/2020 | N/A | 12/06/2029 | 12/06/2029 | $0.00 | $51,958.00 | $0.00 | $623,496.00 | Soft | Springing | No | N/A |
Loan | 24 | 20 | The Plaza at Belmar | 02/06/2020 | N/A | 01/06/2030 | 01/06/2030 | $0.00 | $55,115.00 | $0.00 | $661,380.00 | Soft | Springing | No | N/A |
Loan | 21 | 1520 Chestnut | 01/01/2020 | N/A | 12/01/2029 | 12/01/2029 | $0.00 | $47,258.63 | $0.00 | $567,103.56 | Springing | Springing | No | N/A | |
Loan | 5,6,7 | 22 | Alrig Portfolio | 12/06/2019 | 12/06/2022 | 11/06/2029 | 11/06/2029 | $69,350.67 | $49,188.40 | $832,208.04 | $590,260.76 | Springing | Springing | No | N/A |
Property | 22.01 | Bingham III | |||||||||||||
Property | 22.02 | 30445 Northwestern Highway | |||||||||||||
Property | 22.03 | 1750 South Telegraph Road | |||||||||||||
Property | 22.04 | 2550 South Telegraph Road | |||||||||||||
Property | 22.05 | 32270 Telegraph Road | |||||||||||||
Property | 22.06 | 2525 South Telegraph Road | |||||||||||||
Property | 22.07 | Ellsworth Shopping Center | |||||||||||||
Property | 22.08 | 3300 Alpine Avenue | |||||||||||||
Property | 22.09 | 21 East Long Lake Road | |||||||||||||
Property | 22.10 | Fairways Office Building | |||||||||||||
Property | 22.11 | 7115 Orchard Lake Road | |||||||||||||
Property | 22.12 | CGS Canton | |||||||||||||
Loan | 6,7 | 23 | Greece Ridge Self Storage Portfolio | 03/01/2020 | 03/01/2023 | 02/01/2030 | 02/01/2030 | $63,420.57 | $45,912.27 | $761,046.84 | $550,947.24 | Springing | Springing | No | N/A |
Property | 23.01 | Greece Ridge Storage | |||||||||||||
Property | 23.02 | Greece Mini Storage | |||||||||||||
Property | 23.03 | Brockport Mini Storage | |||||||||||||
Loan | 8 | 24 | Indio Towne Center | 02/01/2020 | N/A | 01/01/2030 | 01/01/2030 | $0.00 | $41,049.83 | $0.00 | $492,597.96 | Springing | Springing | No | N/A |
Loan | 5 | 25 | Jewelry Building | 03/01/2020 | N/A | 02/01/2030 | 02/01/2030 | $65,311.31 | $0.00 | $783,735.72 | $0.00 | Soft | Springing | No | N/A |
Loan | 26 | 435 North Lasalle | 02/01/2020 | N/A | 01/01/2030 | 01/01/2030 | $0.00 | $35,117.31 | $0.00 | $421,407.72 | Springing | Springing | No | N/A | |
Loan | 9 | 27 | Stonebridge Shopping Center | 02/01/2020 | 02/01/2022 | 01/01/2030 | 01/01/2030 | $55,820.90 | $41,258.52 | $669,850.80 | $495,102.24 | Springing | Springing | No | N/A |
Loan | 28 | Midgard Jacksonville | 03/06/2020 | 03/06/2025 | 02/06/2030 | 02/06/2030 | $50,661.43 | $34,991.38 | $607,937.16 | $419,896.51 | Springing | Springing | No | N/A | |
Loan | 29 | Clovis Storage & Executive Office Suites | 02/01/2020 | N/A | 01/01/2030 | 01/01/2030 | $0.00 | $29,825.23 | $0.00 | $357,902.76 | Springing | Springing | No | N/A | |
Loan | 30 | Grouse Run Apartments | 02/01/2020 | 02/01/2025 | 01/01/2030 | 01/01/2030 | $43,506.62 | $30,718.55 | $522,079.44 | $368,622.60 | Springing | Springing | No | N/A | |
Loan | 31 | The Crossing at Tahoe Valley | 03/06/2020 | N/A | 02/06/2030 | 02/06/2030 | $0.00 | $26,278.06 | $0.00 | $315,336.68 | Springing | Springing | No | N/A | |
Loan | 32 | Mountain Ave Storage 1 | 02/01/2020 | N/A | 01/01/2030 | 01/01/2030 | $0.00 | $23,316.74 | $0.00 | $279,800.88 | Springing | Springing | No | Group A | |
Loan | 33 | Holiday Inn Express Chalmette | 03/06/2020 | N/A | 02/06/2030 | 02/06/2030 | $31,791.36 | $0.00 | $381,496.32 | $0.00 | Springing | Springing | No | N/A | |
Loan | 34 | 33-16 Woodside Avenue | 03/01/2020 | N/A | 02/01/2030 | 02/01/2030 | $0.00 | $16,982.64 | $0.00 | $203,791.68 | Springing | Springing | No | N/A | |
Loan | 35 | North Pointe Shopping Center | 03/01/2020 | N/A | 02/01/2030 | 02/01/2030 | $0.00 | $18,677.81 | $0.00 | $224,133.72 | Springing | Springing | No | N/A | |
Loan | 6,7 | 36 | 3000 Fondren and River Hill Tower | 02/01/2020 | N/A | 01/01/2030 | 01/01/2030 | $26,248.67 | $0.00 | $314,984.04 | $0.00 | Springing | Springing | No | N/A |
Property | 36.01 | 3000 Fondren | |||||||||||||
Property | 36.02 | River Hill Tower | |||||||||||||
Loan | 37 | 54 Woodstock | 02/01/2020 | N/A | 01/01/2030 | 01/01/2030 | $0.00 | $19,470.89 | $0.00 | $233,650.68 | Springing | Springing | No | N/A | |
Loan | 38 | Commerce Building - San Diego | 03/06/2020 | N/A | 02/06/2030 | 02/06/2030 | $0.00 | $15,500.33 | $0.00 | $186,003.96 | Springing | Springing | No | N/A | |
Loan | 39 | CVS Saraland | 02/01/2020 | N/A | 01/01/2030 | 01/01/2030 | $0.00 | $14,964.32 | $0.00 | $179,571.84 | Springing | Springing | No | N/A | |
Loan | 40 | Mountain Ave Storage 2 | 02/01/2020 | N/A | 01/01/2030 | 01/01/2030 | $0.00 | $13,115.67 | $0.00 | $157,388.04 | Springing | Springing | No | Group A |
A-1-5
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | UW NOI DSCR (P&I) | UW NOI DSCR (IO) | UW NCF DSCR (P&I) | UW NCF DSCR (IO) | Cut-Off Date LTV Ratio | Maturity Date LTV Ratio | Grace Period to Late Charge (Days) | Grace Period to Default (Days) | Due Date | Prepayment Provisions (No. of Payments) | YM Formula | Third Most Recent Revenues | |
Loan | 5,9,11,12 | 1 | Bellagio Hotel and Casino | N/A | 8.80x | N/A | 8.42x | 39.3% | 39.3% | 0 | 0 | Fifth | YM0.5(26);DEF/YM0.5(87);O(7) | A | $1,365,570,769 | |
Loan | 5,9 | 2 | 545 Washington Boulevard | N/A | 2.56x | N/A | 2.50x | 61.4% | 61.4% | 0 | 0 | Fifth | LO(24);DEF(89);O(7) | $35,023,625 | ||
Loan | 5,13,14,15 | 3 | Royal Palm Place | N/A | 2.20x | N/A | 2.16x | 62.9% | 62.9% | 0 | 0 | Sixth | LO(37);YM1(79);O(4) | B | $13,183,704 | |
Loan | 5,16 | 4 | AVR Atlanta Airport Marriott Gateway | N/A | 3.16x | N/A | 2.80x | 63.3% | 63.3% | 0 | 0 | First | LO(25);DEF(91);O(4) | $37,392,250 | ||
Loan | 6,7,10 | 5 | FTERE Bronx Portfolio 2 | N/A | 2.00x | N/A | 1.95x | 67.1% | 67.1% | 5 | 5 | First | LO(24);DEF(89);O(7) | $4,855,250 | ||
Property | 5.01 | 3425 Knox Place | $976,198 | |||||||||||||
Property | 5.02 | 1055 Grand Concourse | $909,840 | |||||||||||||
Property | 5.03 | 2081-2085 Valentine Avenue | $1,178,115 | |||||||||||||
Property | 5.04 | 2264 Creston Avenue | $866,021 | |||||||||||||
Property | 5.05 | 104 West 190th Street | $486,634 | |||||||||||||
Property | 5.06 | 1354 Commonwealth Avenue | $438,442 | |||||||||||||
Loan | 5,17 | 6 | 1412 Broadway | N/A | 2.05x | N/A | 1.92x | 58.3% | 58.3% | 0 | 0 | First | LO(26);DEF(89);O(5) | $21,861,903 | ||
Loan | 5 | 7 | 55 Hudson Yards | N/A | 3.68x | N/A | 3.54x | 39.4% | 39.4% | 0 | 0 | Sixth | LO(26);DEF/YM1(87);O(7) | C | N/A | |
Loan | 6,7 | 8 | Haggerty Corridor Corporate Park | 2.07x | 3.06x | 1.88x | 2.78x | 62.9% | 52.7% | 0 | 0 | Sixth | LO(24);DEF(90);O(6) | $5,539,503 | ||
Property | 8.01 | Lewis Technology Centre | $2,157,070 | |||||||||||||
Property | 8.02 | Cabot Technology Centre | $1,602,668 | |||||||||||||
Property | 8.03 | Country Club Office Centre | $998,684 | |||||||||||||
Property | 8.04 | LaSalle Technology South | $781,081 | |||||||||||||
Loan | 6,7,10 | 9 | Bronx Multifamily Portfolio IV | N/A | 1.84x | N/A | 1.81x | 60.2% | 60.2% | 5 | 5 | First | LO(25);DEF(88);O(7) | $3,383,136 | ||
Property | 9.01 | 323-325 East Mosholu Parkway North | $1,035,491 | |||||||||||||
Property | 9.02 | 2550-2552 University Avenue | $845,537 | |||||||||||||
Property | 9.03 | 2952-2954 Marion Avenue | $886,659 | |||||||||||||
Property | 9.04 | 3205 Grand Concourse | $615,449 | |||||||||||||
Loan | 18 | 10 | Seven Trees Center | N/A | 3.00x | N/A | 2.75x | 57.3% | 57.3% | 5 | 5 | First | LO(27);DEF(89);O(4) | $3,709,239 | ||
Loan | 5,19 | 11 | Sol y Luna | N/A | 2.56x | N/A | 2.51x | 47.0% | 47.0% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | $12,639,122 | ||
Loan | 5 | 12 | McCarthy Ranch | N/A | 2.55x | N/A | 2.40x | 60.5% | 60.5% | 0 | 0 | Sixth | LO(24);DEF(92);O(4) | $3,376,131 | ||
Loan | 20 | 13 | Ashley Court Apartments | N/A | 2.04x | N/A | 1.98x | 64.9% | 64.9% | 0 | 0 | Sixth | LO(26);DEF(90);O(4) | $2,738,767 | ||
Loan | 14 | Versatile Warehouse | N/A | 3.18x | N/A | 3.00x | 54.2% | 54.2% | 0 | 0 | Sixth | LO(24);DEF(92);O(4) | $3,364,771 | |||
Loan | 15 | Northwest Crossing | 2.44x | 3.50x | 2.10x | 3.01x | 62.5% | 52.6% | 0 | 0 | Sixth | LO(24);DEF(92);O(4) | $2,621,304 | |||
Loan | 21 | 16 | Four Research Drive | 1.92x | N/A | 1.82x | N/A | 71.8% | 57.6% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | $3,423,757 | ||
Loan | 17 | Sunset Strip | N/A | 2.59x | N/A | 2.50x | 61.9% | 61.9% | 0 | 0 | Sixth | LO(24);DEF(92);O(4) | $1,891,183 | |||
Loan | 10,22,23 | 18 | Hampton Court | N/A | 11.44x | N/A | 11.28x | 14.8% | 14.8% | 0 | 0 | First | LO(49);YM1(67);O(4) | D | N/A | |
Loan | 10 | 19 | Catalina Luxury Apartments | N/A | 2.15x | N/A | 2.12x | 56.3% | 56.3% | 0 | 0 | Sixth | LO(26);YM1(89);O(5) | E | N/A | |
Loan | 24 | 20 | The Plaza at Belmar | N/A | 1.85x | N/A | 1.83x | 66.7% | 66.7% | 0 | 0 | Sixth | LO(25);DEF(91);O(4) | N/A | ||
Loan | 21 | 1520 Chestnut | N/A | 2.20x | N/A | 2.06x | 54.6% | 54.6% | 5 | 5 | First | LO(26);DEF(87);O(7) | $439,915 | |||
Loan | 5,6,7 | 22 | Alrig Portfolio | 2.02x | 2.85x | 1.72x | 2.43x | 67.7% | 58.7% | 0 | 0 | Sixth | LO(27);YM1(88);O(5) | F | $8,686,593 | |
Property | 22.01 | Bingham III | $2,130,068 | |||||||||||||
Property | 22.02 | 30445 Northwestern Highway | $1,171,788 | |||||||||||||
Property | 22.03 | 1750 South Telegraph Road | $1,225,545 | |||||||||||||
Property | 22.04 | 2550 South Telegraph Road | $923,324 | |||||||||||||
Property | 22.05 | 32270 Telegraph Road | $861,087 | |||||||||||||
Property | 22.06 | 2525 South Telegraph Road | $613,733 | |||||||||||||
Property | 22.07 | Ellsworth Shopping Center | N/A | |||||||||||||
Property | 22.08 | 3300 Alpine Avenue | N/A | |||||||||||||
Property | 22.09 | 21 East Long Lake Road | $553,488 | |||||||||||||
Property | 22.10 | Fairways Office Building | $575,507 | |||||||||||||
Property | 22.11 | 7115 Orchard Lake Road | $308,516 | |||||||||||||
Property | 22.12 | CGS Canton | $323,538 | |||||||||||||
Loan | 6,7 | 23 | Greece Ridge Self Storage Portfolio | 1.47x | 2.03x | 1.43x | 1.97x | 72.3% | 62.9% | 5 | 5 | First | LO(24);DEF(92);O(4) | $1,480,890 | ||
Property | 23.01 | Greece Ridge Storage | $403,076 | |||||||||||||
Property | 23.02 | Greece Mini Storage | $676,158 | |||||||||||||
Property | 23.03 | Brockport Mini Storage | $401,656 | |||||||||||||
Loan | 8 | 24 | Indio Towne Center | N/A | 2.55x | N/A | 2.33x | 62.4% | 62.4% | 5 | 5 | First | LO(25);DEF(91);O(4) | N/A | ||
Loan | 5 | 25 | Jewelry Building | 1.65x | N/A | 1.58x | N/A | 72.3% | 52.9% | 0 | 0 | First | LO(24);DEF(91);O(5) | $3,066,674 | ||
Loan | 26 | 435 North Lasalle | N/A | 2.49x | N/A | 2.28x | 67.0% | 67.0% | 5 | 5 | First | LO(25);DEF(88);O(7) | $854,571 | |||
Loan | 9 | 27 | Stonebridge Shopping Center | 1.43x | 1.93x | 1.37x | 1.85x | 72.3% | 61.6% | 5 | 5 | First | LO(25);DEF(91);O(4) | $1,231,648 | ||
Loan | 28 | Midgard Jacksonville | 1.66x | 2.41x | 1.56x | 2.25x | 69.8% | 63.2% | 0 | 0 | Sixth | LO(24);DEF(92);O(4) | $1,432,123 | |||
Loan | 29 | Clovis Storage & Executive Office Suites | N/A | 3.71x | N/A | 3.66x | 47.8% | 47.8% | 5 | 5 | First | LO(25);DEF(91);O(4) | $1,773,102 | |||
Loan | 30 | Grouse Run Apartments | 1.76x | 2.49x | 1.58x | 2.24x | 69.2% | 62.9% | 5 | 5 | First | LO(25);DEF(91);O(4) | $1,615,595 | |||
Loan | 31 | The Crossing at Tahoe Valley | N/A | 2.85x | N/A | 2.71x | 52.3% | 52.3% | 0 | 0 | Sixth | LO(24);DEF(92);O(4) | $478,733 | |||
Loan | 32 | Mountain Ave Storage 1 | N/A | 2.69x | N/A | 2.65x | 55.4% | 55.4% | 5 | 5 | First | LO(25);DEF(91);O(4) | $980,535 | |||
Loan | 33 | Holiday Inn Express Chalmette | 2.08x | N/A | 1.84x | N/A | 62.0% | 50.4% | 0 | 0 | Sixth | LO(24);DEF(92);O(4) | N/A | |||
Loan | 34 | 33-16 Woodside Avenue | N/A | 3.44x | N/A | 3.23x | 48.0% | 48.0% | 0 | 5 | First | LO(23);YM1(92);O(5) | G | $689,669 | ||
Loan | 35 | North Pointe Shopping Center | N/A | 2.93x | N/A | 2.66x | 60.0% | 60.0% | 5 | 5 | First | LO(24);DEF(92);O(4) | $1,066,026 | |||
Loan | 6,7 | 36 | 3000 Fondren and River Hill Tower | 2.49x | N/A | 2.02x | N/A | 59.6% | 47.4% | 0 | 5 | First | LO(25);DEF(91);O(4) | $1,295,486 | ||
Property | 36.01 | 3000 Fondren | $752,513 | |||||||||||||
Property | 36.02 | River Hill Tower | $542,973 | |||||||||||||
Loan | 37 | 54 Woodstock | N/A | 1.80x | N/A | 1.76x | 61.1% | 61.1% | 0 | 5 | First | LO(25);DEF(91);O(4) | N/A | |||
Loan | 38 | Commerce Building - San Diego | N/A | 2.15x | N/A | 2.03x | 52.5% | 52.5% | 5 | 0 | Sixth | LO(24);DEF(92);O(4) | N/A | |||
Loan | 39 | CVS Saraland | N/A | 2.11x | N/A | 2.10x | 65.0% | 65.0% | 5 | 5 | First | LO(25);DEF(91);O(4) | $362,690 | |||
Loan | 40 | Mountain Ave Storage 2 | N/A | 2.56x | N/A | 2.49x | 61.3% | 61.3% | 5 | 5 | First | LO(25);DEF(91);O(4) | $631,826 |
A-1-6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Third Most Recent Expenses | Third Most Recent NOI | Third Most Recent NOI Date | Third Most Recent NOI Debt Yield | Second Most Recent Revenues | Second Most Recent Expenses | Second Most Recent NOI | Second Most Recent NOI Date | Second Most Recent NOI Debt Yield | Most Recent Revenues | Most Recent Expenses | Most Recent NOI |
Loan | 5,9,11,12 | 1 | Bellagio Hotel and Casino | $859,834,535 | $505,736,234 | 12/31/2017 | 30.2% | $1,367,835,267 | $877,969,225 | $489,866,042 | 12/31/2018 | 29.2% | $1,349,062,464 | $874,997,149 | $474,065,315 |
Loan | 5,9 | 2 | 545 Washington Boulevard | $15,195,753 | $19,827,872 | 12/31/2017 | 7.9% | $36,347,783 | $14,521,925 | $21,825,858 | 12/31/2018 | 8.7% | $34,118,594 | $13,706,753 | $20,411,841 |
Loan | 5,13,14,15 | 3 | Royal Palm Place | $4,442,870 | $8,740,834 | 12/31/2017 | 7.9% | $13,849,207 | $4,286,985 | $9,562,222 | 12/31/2018 | 8.7% | $13,981,854 | $4,120,709 | $9,861,145 |
Loan | 5,16 | 4 | AVR Atlanta Airport Marriott Gateway | $24,205,513 | $13,186,737 | 12/31/2017 | 12.4% | $32,640,982 | $22,071,098 | $10,569,884 | 12/31/2018 | 10.0% | $37,828,217 | $24,659,414 | $13,168,803 |
Loan | 6,7,10 | 5 | FTERE Bronx Portfolio 2 | $1,584,283 | $3,270,967 | 12/31/2017 | 7.5% | $4,938,224 | $1,728,695 | $3,209,529 | 12/31/2018 | 7.3% | $5,134,102 | $1,760,810 | $3,373,292 |
Property | 5.01 | 3425 Knox Place | $265,277 | $710,921 | 12/31/2017 | $1,017,341 | $284,424 | $732,917 | 12/31/2018 | $1,032,521 | $270,606 | $761,915 | |||
Property | 5.02 | 1055 Grand Concourse | $248,800 | $661,040 | 12/31/2017 | $903,023 | $259,933 | $643,090 | 12/31/2018 | $966,757 | $248,076 | $718,681 | |||
Property | 5.03 | 2081-2085 Valentine Avenue | $398,574 | $779,541 | 12/31/2017 | $1,168,840 | $455,235 | $713,605 | 12/31/2018 | $1,252,706 | $505,294 | $747,412 | |||
Property | 5.04 | 2264 Creston Avenue | $320,679 | $545,342 | 12/31/2017 | $886,111 | $355,168 | $530,943 | 12/31/2018 | $901,448 | $365,590 | $535,858 | |||
Property | 5.05 | 104 West 190th Street | $193,901 | $292,733 | 12/31/2017 | $517,229 | $214,068 | $303,161 | 12/31/2018 | $536,305 | $215,933 | $320,372 | |||
Property | 5.06 | 1354 Commonwealth Avenue | $157,052 | $281,390 | 12/31/2017 | $445,680 | $159,867 | $285,813 | 12/31/2018 | $444,365 | $155,311 | $289,054 | |||
Loan | 5,17 | 6 | 1412 Broadway | $7,817,954 | $14,043,950 | 12/31/2017 | 6.7% | $24,501,222 | $7,858,022 | $16,643,199 | 12/31/2018 | 7.9% | $24,520,279 | $8,033,642 | $16,486,637 |
Loan | 5 | 7 | 55 Hudson Yards | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Loan | 6,7 | 8 | Haggerty Corridor Corporate Park | $1,967,408 | $3,572,095 | 12/31/2017 | 10.6% | $6,051,190 | $2,057,237 | $3,993,953 | 12/31/2018 | 11.9% | $6,239,160 | $1,973,021 | $4,266,139 |
Property | 8.01 | Lewis Technology Centre | $686,714 | $1,470,356 | 12/31/2017 | $2,233,089 | $783,977 | $1,449,112 | 12/31/2018 | $2,289,181 | $755,763 | $1,533,418 | |||
Property | 8.02 | Cabot Technology Centre | $562,463 | $1,040,205 | 12/31/2017 | $1,673,670 | $575,659 | $1,098,011 | 12/31/2018 | $1,747,988 | $543,704 | $1,204,284 | |||
Property | 8.03 | Country Club Office Centre | $331,296 | $667,388 | 12/31/2017 | $960,319 | $313,411 | $646,908 | 12/31/2018 | $1,002,568 | $301,569 | $700,999 | |||
Property | 8.04 | LaSalle Technology South | $386,935 | $394,146 | 12/31/2017 | $1,184,112 | $384,190 | $799,922 | 12/31/2018 | $1,199,423 | $371,985 | $827,438 | |||
Loan | 6,7,10 | 9 | Bronx Multifamily Portfolio IV | $1,212,788 | $2,170,348 | 12/31/2017 | 6.5% | $3,518,084 | $1,237,115 | $2,280,969 | 12/31/2018 | 6.8% | $3,583,088 | $1,192,906 | $2,390,182 |
Property | 9.01 | 323-325 East Mosholu Parkway North | $375,373 | $660,118 | 12/31/2017 | $1,074,396 | $431,528 | $642,868 | 12/31/2018 | $1,091,295 | $436,862 | $654,433 | |||
Property | 9.02 | 2550-2552 University Avenue | $302,738 | $542,799 | 12/31/2017 | $900,010 | $264,012 | $635,998 | 12/31/2018 | $925,399 | $264,999 | $660,400 | |||
Property | 9.03 | 2952-2954 Marion Avenue | $305,232 | $581,427 | 12/31/2017 | $905,297 | $282,971 | $622,326 | 12/31/2018 | $927,492 | $241,214 | $686,278 | |||
Property | 9.04 | 3205 Grand Concourse | $229,445 | $386,004 | 12/31/2017 | $638,381 | $258,604 | $379,777 | 12/31/2018 | $638,902 | $249,831 | $389,071 | |||
Loan | 18 | 10 | Seven Trees Center | $1,122,779 | $2,586,460 | 12/31/2017 | 9.6% | $3,707,010 | $1,116,217 | $2,590,793 | 12/31/2018 | 9.6% | $3,897,732 | $1,138,167 | $2,759,566 |
Loan | 5,19 | 11 | Sol y Luna | $4,787,889 | $7,851,232 | 12/31/2017 | 8.7% | $13,317,922 | $4,644,649 | $8,673,273 | 12/31/2018 | 9.6% | $13,549,305 | $4,827,597 | $8,721,708 |
Loan | 5 | 12 | McCarthy Ranch | $1,315,559 | $2,060,572 | 12/31/2017 | 4.6% | $3,806,476 | $1,303,754 | $2,502,722 | 12/31/2018 | 5.6% | $5,076,248 | $1,368,290 | $3,707,958 |
Loan | 20 | 13 | Ashley Court Apartments | $1,077,565 | $1,661,203 | 12/31/2017 | 6.9% | $2,913,566 | $1,100,199 | $1,813,367 | 12/31/2018 | 7.6% | $3,046,034 | $1,123,097 | $1,922,937 |
Loan | 14 | Versatile Warehouse | $1,431,889 | $1,932,883 | 12/31/2017 | 9.7% | $3,838,390 | $1,317,040 | $2,521,350 | 12/31/2018 | 12.6% | $3,834,984 | $1,429,913 | $2,405,071 | |
Loan | 15 | Northwest Crossing | $1,825,835 | $795,469 | 12/31/2017 | 4.1% | $2,791,727 | $2,042,179 | $749,548 | 12/31/2018 | 3.9% | $3,293,679 | $2,204,102 | $1,089,577 | |
Loan | 21 | 16 | Four Research Drive | $1,116,733 | $2,307,024 | 12/31/2017 | 12.7% | $3,383,155 | $1,393,288 | $1,989,867 | 12/31/2018 | 10.9% | $3,467,670 | $1,421,493 | $2,046,177 |
Loan | 17 | Sunset Strip | $521,343 | $1,369,841 | 12/31/2017 | 7.9% | $1,927,198 | $514,785 | $1,412,413 | 12/31/2018 | 8.1% | $1,782,060 | $528,386 | $1,253,674 | |
Loan | 10,22,23 | 18 | Hampton Court | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Loan | 10 | 19 | Catalina Luxury Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Loan | 24 | 20 | The Plaza at Belmar | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Loan | 21 | 1520 Chestnut | $292,995 | $146,920 | 12/31/2017 | 1.0% | $1,119,206 | $618,266 | $500,941 | 12/31/2018 | 3.4% | $1,703,536 | $595,148 | $1,108,388 | |
Loan | 5,6,7 | 22 | Alrig Portfolio | $3,921,367 | $4,765,226 | 12/31/2017 | 9.6% | $8,474,195 | $3,884,505 | $4,589,690 | 12/31/2018 | 9.3% | $8,670,676 | $3,995,371 | $4,675,305 |
Property | 22.01 | Bingham III | $1,089,992 | $1,040,076 | 12/31/2017 | $2,213,988 | $1,075,306 | $1,138,683 | 12/31/2018 | $2,442,165 | $1,159,479 | $1,282,686 | |||
Property | 22.02 | 30445 Northwestern Highway | $522,700 | $649,088 | 12/31/2017 | $1,174,310 | $535,944 | $638,366 | 12/31/2018 | $1,194,190 | $556,540 | $637,649 | |||
Property | 22.03 | 1750 South Telegraph Road | $486,356 | $739,189 | 12/31/2017 | $1,272,358 | $525,216 | $747,142 | 12/31/2018 | $1,331,988 | $481,026 | $850,963 | |||
Property | 22.04 | 2550 South Telegraph Road | $436,023 | $487,301 | 12/31/2017 | $947,131 | $436,728 | $510,403 | 12/31/2018 | $895,486 | $477,598 | $417,888 | |||
Property | 22.05 | 32270 Telegraph Road | $377,765 | $483,322 | 12/31/2017 | $691,238 | $345,268 | $345,970 | 12/31/2018 | $648,355 | $345,780 | $302,575 | |||
Property | 22.06 | 2525 South Telegraph Road | $270,966 | $342,767 | 12/31/2017 | $515,865 | $244,905 | $270,961 | 12/31/2018 | $553,370 | $248,106 | $305,264 | |||
Property | 22.07 | Ellsworth Shopping Center | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 22.08 | 3300 Alpine Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Property | 22.09 | 21 East Long Lake Road | $250,473 | $303,015 | 12/31/2017 | $545,942 | $260,183 | $285,758 | 12/31/2018 | $559,572 | $248,785 | $310,787 | |||
Property | 22.10 | Fairways Office Building | $294,661 | $280,847 | 12/31/2017 | $581,723 | $265,173 | $316,550 | 12/31/2018 | $567,668 | $265,990 | $301,678 | |||
Property | 22.11 | 7115 Orchard Lake Road | $111,975 | $196,541 | 12/31/2017 | $285,041 | $112,630 | $172,411 | 12/31/2018 | $276,683 | $127,858 | $148,826 | |||
Property | 22.12 | CGS Canton | $80,456 | $243,082 | 12/31/2017 | $246,598 | $83,151 | $163,447 | 12/31/2018 | $201,199 | $84,209 | $116,990 | |||
Loan | 6,7 | 23 | Greece Ridge Self Storage Portfolio | $605,351 | $875,539 | 12/31/2017 | 6.7% | $1,593,411 | $662,704 | $930,707 | 12/31/2018 | 7.2% | $1,785,050 | $689,269 | $1,095,781 |
Property | 23.01 | Greece Ridge Storage | $208,251 | $194,825 | 12/31/2017 | $525,916 | $231,623 | $294,293 | 12/31/2018 | $678,714 | $256,243 | $422,470 | |||
Property | 23.02 | Greece Mini Storage | $244,970 | $431,187 | 12/31/2017 | $665,928 | $273,413 | $392,515 | 12/31/2018 | $694,306 | $281,912 | $412,393 | |||
Property | 23.03 | Brockport Mini Storage | $152,130 | $249,527 | 12/31/2017 | $401,567 | $157,668 | $243,899 | 12/31/2018 | $412,030 | $151,113 | $260,917 | |||
Loan | 8 | 24 | Indio Towne Center | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Loan | 5 | 25 | Jewelry Building | $1,151,364 | $1,915,310 | 12/31/2017 | 11.3% | $3,100,185 | $1,118,968 | $1,981,216 | 12/31/2018 | 11.7% | $3,258,916 | $1,086,364 | $2,172,552 |
Loan | 26 | 435 North Lasalle | $462,200 | $392,371 | 12/31/2017 | 3.4% | $1,078,356 | $540,331 | $538,025 | 12/31/2018 | 4.7% | $1,556,006 | $552,861 | $1,003,146 | |
Loan | 9 | 27 | Stonebridge Shopping Center | $357,583 | $874,065 | 12/31/2017 | 7.8% | $1,221,199 | $319,080 | $902,119 | 12/31/2018 | 8.1% | $1,078,799 | $376,826 | $701,973 |
Loan | 28 | Midgard Jacksonville | $540,857 | $891,266 | 12/31/2017 | 8.2% | $1,473,001 | $523,772 | $949,229 | 12/31/2018 | 8.7% | $1,589,691 | $532,218 | $1,057,473 | |
Loan | 29 | Clovis Storage & Executive Office Suites | $667,752 | $1,105,350 | 12/31/2017 | 11.1% | $1,842,189 | $623,975 | $1,218,214 | 12/31/2018 | 12.2% | $1,918,894 | $678,271 | $1,240,623 | |
Loan | 30 | Grouse Run Apartments | $942,935 | $672,660 | 12/31/2017 | 7.4% | $1,668,351 | $937,684 | $730,668 | 12/31/2018 | 8.0% | $1,735,980 | $934,847 | $801,133 | |
Loan | 31 | The Crossing at Tahoe Valley | $264,392 | $214,341 | 12/31/2017 | 2.7% | $763,967 | $265,351 | $498,616 | 12/31/2018 | 6.4% | $887,530 | $299,828 | $587,702 | |
Loan | 32 | Mountain Ave Storage 1 | $347,606 | $632,929 | 12/31/2017 | 9.0% | $1,025,199 | $308,276 | $716,924 | 12/31/2018 | 10.2% | $1,103,407 | $343,962 | $759,445 | |
Loan | 33 | Holiday Inn Express Chalmette | N/A | N/A | N/A | N/A | $2,057,683 | $1,201,453 | $856,230 | 12/31/2018 | 13.8% | $2,280,373 | $1,452,745 | $827,628 | |
Loan | 34 | 33-16 Woodside Avenue | $0 | $689,669 | 12/31/2017 | 11.5% | $710,919 | $0 | $710,919 | 12/31/2018 | 11.8% | $729,343 | $0 | $729,343 | |
Loan | 35 | North Pointe Shopping Center | $308,554 | $757,472 | 12/31/2017 | 13.2% | $1,060,063 | $311,311 | $748,752 | 12/31/2018 | 13.1% | $991,530 | $304,594 | $686,936 | |
Loan | 6,7 | 36 | 3000 Fondren and River Hill Tower | $592,129 | $703,357 | 12/31/2017 | 12.7% | $1,385,530 | $562,148 | $823,381 | 12/31/2018 | 14.9% | $1,346,208 | $595,340 | $750,868 |
Property | 36.01 | 3000 Fondren | $348,959 | $403,554 | 12/31/2017 | $749,991 | $322,123 | $427,868 | 12/31/2018 | $712,281 | $322,926 | $389,355 | |||
Property | 36.02 | River Hill Tower | $243,170 | $299,803 | 12/31/2017 | $635,538 | $240,025 | $395,513 | 12/31/2018 | $633,928 | $272,414 | $361,513 | |||
Loan | 37 | 54 Woodstock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $378,025 | $108,886 | $269,139 | |
Loan | 38 | Commerce Building - San Diego | N/A | N/A | N/A | N/A | $313,373 | $262,848 | $50,525 | 12/31/2018 | 1.1% | $385,148 | $241,344 | $143,805 | |
Loan | 39 | CVS Saraland | $11,663 | $351,026 | 12/31/2017 | 8.2% | $400,585 | $33,240 | $367,346 | 12/31/2018 | 8.6% | $400,145 | $31,411 | $368,735 | |
Loan | 40 | Mountain Ave Storage 2 | $243,566 | $388,260 | 12/31/2017 | 9.8% | $651,000 | $226,599 | $424,401 | 12/31/2018 | 10.7% | $669,819 | $235,737 | $434,082 |
A-1-7
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Most Recent NOI Date | Most Recent NOI Debt Yield | Underwritten Occupancy Rate | Underwritten Effective Gross Income | Underwritten Total Expenses | Underwritten NOI | Underwritten NOI Debt Yield | Underwritten Replacement Reserves | Underwritten TI/LC | Underwritten NCF | Underwritten NCF Debt Yield | Largest Tenant | |
Loan | 5,9,11,12 | 1 | Bellagio Hotel and Casino | 9/30/2019 TTM | 28.3% | 94.8% | $1,349,062,464 | $874,997,149 | $474,065,315 | 28.3% | $20,235,937 | $0 | $453,829,378 | 27.1% | N/A | |
Loan | 5,9 | 2 | 545 Washington Boulevard | 11/30/2019 TTM | 8.1% | 95.5% | $34,549,509 | $12,284,114 | $22,265,395 | 8.8% | $173,341 | $408,579 | $21,683,475 | 8.6% | Insurance Services Office, Inc. | |
Loan | 5,13,14,15 | 3 | Royal Palm Place | 6/30/2019 TTM | 9.0% | 93.5% | $14,000,676 | $4,635,222 | $9,365,453 | 8.5% | $115,835 | $68,932 | $9,180,686 | 8.3% | Buckhead Life Restaurant Group | |
Loan | 5,16 | 4 | AVR Atlanta Airport Marriott Gateway | 10/31/2019 TTM | 12.4% | 83.0% | $37,392,250 | $24,211,234 | $13,181,016 | 12.4% | $1,495,690 | $0 | $11,685,326 | 11.0% | N/A | |
Loan | 6,7,10 | 5 | FTERE Bronx Portfolio 2 | 12/31/2019 | 7.7% | 98.0% | $5,174,569 | $1,845,857 | $3,328,712 | 7.6% | $83,731 | $0 | $3,244,981 | 7.4% | ||
Property | 5.01 | 3425 Knox Place | 12/31/2019 | 98.0% | $1,038,740 | $339,462 | $699,278 | $20,567 | $0 | $678,711 | N/A | |||||
Property | 5.02 | 1055 Grand Concourse | 12/31/2019 | 98.0% | $974,167 | $305,341 | $668,826 | $13,500 | $0 | $655,326 | N/A | |||||
Property | 5.03 | 2081-2085 Valentine Avenue | 12/31/2019 | 98.0% | $1,223,505 | $525,931 | $697,574 | $19,250 | $0 | $678,324 | N/A | |||||
Property | 5.04 | 2264 Creston Avenue | 12/31/2019 | 98.0% | $923,233 | $347,380 | $575,853 | $19,880 | $0 | $555,973 | N/A | |||||
Property | 5.05 | 104 West 190th Street | 12/31/2019 | 98.0% | $554,871 | $167,894 | $386,977 | $5,500 | $0 | $381,477 | N/A | |||||
Property | 5.06 | 1354 Commonwealth Avenue | 12/31/2019 | 98.0% | $460,053 | $159,849 | $300,205 | $5,035 | $0 | $295,170 | N/A | |||||
Loan | 5,17 | 6 | 1412 Broadway | 9/30/2019 TTM | 7.9% | 89.5% | $24,681,662 | $8,886,630 | $15,795,032 | 7.5% | $84,279 | $946,027 | $14,764,726 | 7.0% | Kasper Group | |
Loan | 5 | 7 | 55 Hudson Yards | N/A | N/A | 96.6% | $149,111,008 | $45,210,677 | $103,900,331 | 11.0% | $286,242 | $3,578,030 | $100,036,059 | 10.6% | Point72 | |
Loan | 6,7 | 8 | Haggerty Corridor Corporate Park | 9/30/2019 TTM | 12.7% | 94.6% | $5,861,171 | $2,021,923 | $3,839,248 | 11.4% | $58,077 | $290,416 | $3,490,755 | 10.4% | ||
Property | 8.01 | Lewis Technology Centre | 9/30/2019 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | DENSO | |||||
Property | 8.02 | Cabot Technology Centre | 9/30/2019 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Farmers Insurance Exchange | |||||
Property | 8.03 | Country Club Office Centre | 9/30/2019 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Couzens Lansky | |||||
Property | 8.04 | LaSalle Technology South | 9/30/2019 TTM | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Harman Becker Automotive Systems | |||||
Loan | 6,7,10 | 9 | Bronx Multifamily Portfolio IV | 9/30/2019 TTM | 7.2% | 98.0% | $3,574,436 | $1,132,989 | $2,441,447 | 7.3% | $52,000 | $0 | $2,389,447 | 7.2% | ||
Property | 9.01 | 323-325 East Mosholu Parkway North | 9/30/2019 TTM | 98.0% | $1,083,884 | $327,984 | $755,900 | $15,750 | $0 | $740,150 | N/A | |||||
Property | 9.02 | 2550-2552 University Avenue | 9/30/2019 TTM | 98.0% | $939,012 | $280,128 | $658,884 | $13,500 | $0 | $645,384 | N/A | |||||
Property | 9.03 | 2952-2954 Marion Avenue | 9/30/2019 TTM | 98.0% | $907,202 | $251,314 | $655,888 | $13,500 | $0 | $642,388 | N/A | |||||
Property | 9.04 | 3205 Grand Concourse | 9/30/2019 TTM | 98.0% | $644,338 | $273,563 | $370,775 | $9,250 | $0 | $361,525 | N/A | |||||
Loan | 18 | 10 | Seven Trees Center | 8/31/2019 TTM | 10.2% | 95.0% | $4,201,929 | $1,249,756 | $2,952,173 | 10.9% | $62,490 | $179,659 | $2,710,024 | 10.0% | Marina Grocery | |
Loan | 5,19 | 11 | Sol y Luna | 7/31/2019 TTM | 9.7% | 90.0% | $13,565,195 | $4,590,997 | $8,974,199 | 10.0% | $165,280 | $0 | $8,808,919 | 9.8% | N/A | |
Loan | 5 | 12 | McCarthy Ranch | 12/31/2019 | 8.2% | 95.0% | $5,977,372 | $1,687,627 | $4,289,745 | 9.5% | $53,199 | $199,496 | $4,037,051 | 9.0% | Best Buy | |
Loan | 20 | 13 | Ashley Court Apartments | 10/31/2019 TTM | 8.0% | 95.0% | $3,118,683 | $1,127,806 | $1,990,877 | 8.3% | $63,500 | $0 | $1,927,377 | 8.0% | N/A | |
Loan | 14 | Versatile Warehouse | 11/30/2019 TTM | 12.0% | 95.0% | $3,798,892 | $1,487,946 | $2,310,946 | 11.6% | $82,608 | $53,516 | $2,174,822 | 10.9% | Versatile Warehousing | ||
Loan | 15 | Northwest Crossing | 10/31/2019 TTM | 5.7% | 80.0% | $4,996,612 | $2,339,640 | $2,656,972 | 13.8% | $76,328 | $296,639 | $2,284,005 | 11.9% | The Marker Group, Inc. | ||
Loan | 21 | 16 | Four Research Drive | 9/30/2019 TTM | 11.2% | 92.5% | $3,388,231 | $1,334,756 | $2,053,475 | 11.3% | $32,303 | $66,910 | $1,954,262 | 10.7% | United Healthcare Services | |
Loan | 17 | Sunset Strip | 12/31/2019 | 7.2% | 95.0% | $2,252,618 | $623,216 | $1,629,402 | 9.4% | $15,214 | $43,015 | $1,571,173 | 9.1% | Presidente Supermarket | ||
Loan | 10,22,23 | 18 | Hampton Court | N/A | N/A | 96.0% | $9,460,146 | $3,703,907 | $5,756,239 | 33.9% | $79,000 | $0 | $5,677,239 | 33.4% | N/A | |
Loan | 10 | 19 | Catalina Luxury Apartments | N/A | N/A | 94.7% | $1,910,302 | $571,361 | $1,338,940 | 8.1% | $19,000 | $0 | $1,319,940 | 8.0% | N/A | |
Loan | 24 | 20 | The Plaza at Belmar | N/A | N/A | 92.2% | $1,494,754 | $271,876 | $1,222,878 | 7.6% | $12,000 | $0 | $1,210,878 | 7.6% | N/A | |
Loan | 21 | 1520 Chestnut | 7/31/2019 TTM | 7.5% | 95.0% | $1,846,087 | $596,141 | $1,249,946 | 8.5% | $5,650 | $76,835 | $1,167,462 | 7.9% | Empire Education Group | ||
Loan | 5,6,7 | 22 | Alrig Portfolio | 8/31/2019 TTM | 9.4% | 91.0% | $9,703,580 | $3,958,027 | $5,745,553 | 11.6% | $123,909 | $730,926 | $4,890,717 | 9.9% | ||
Property | 22.01 | Bingham III | 8/31/2019 TTM | 94.3% | $2,493,624 | $1,054,516 | $1,439,108 | $35,470 | $199,054 | $1,204,584 | CPA Global | |||||
Property | 22.02 | 30445 Northwestern Highway | 8/31/2019 TTM | 89.7% | $1,296,315 | $530,513 | $765,801 | $18,027 | $116,271 | $631,503 | Creative Empire, LLC | |||||
Property | 22.03 | 1750 South Telegraph Road | 8/31/2019 TTM | 95.0% | $1,325,692 | $475,004 | $850,687 | $7,159 | $84,848 | $758,681 | Anselmi & Mierzejewski, PC | |||||
Property | 22.04 | 2550 South Telegraph Road | 8/31/2019 TTM | 90.7% | $948,747 | $459,693 | $489,054 | $12,204 | $76,534 | $400,316 | Princeton Enterprises, LLC | |||||
Property | 22.05 | 32270 Telegraph Road | 8/31/2019 TTM | 69.4% | $683,887 | $326,145 | $357,742 | $10,280 | $65,799 | $281,663 | Cardiology Associates of Birmingham, P.C. | |||||
Property | 22.06 | 2525 South Telegraph Road | 8/31/2019 TTM | 95.0% | $594,458 | $240,970 | $353,488 | $9,357 | $40,631 | $303,499 | Law Offices of Pierce, Duke, Farrell, and Tafelski, PLC, Stroble Law Firm, P.C. | |||||
Property | 22.07 | Ellsworth Shopping Center | N/A | 95.0% | $356,625 | $99,017 | $257,607 | $1,867 | $18,825 | $236,916 | AutoZone | |||||
Property | 22.08 | 3300 Alpine Avenue | N/A | 95.0% | $296,633 | $58,983 | $237,650 | $939 | $8,205 | $228,506 | MOD Pizza | |||||
Property | 22.09 | 21 East Long Lake Road | 8/31/2019 TTM | 95.0% | $564,177 | $247,498 | $316,678 | $10,873 | $33,360 | $272,445 | Steward Capital Management LLC | |||||
Property | 22.10 | Fairways Office Building | 8/31/2019 TTM | 95.0% | $596,825 | $259,819 | $337,006 | $10,104 | $44,336 | $282,566 | Grand/Sakwa Management LLC | |||||
Property | 22.11 | 7115 Orchard Lake Road | 8/31/2019 TTM | 86.0% | $316,754 | $119,223 | $197,531 | $6,179 | $31,378 | $159,975 | Paragon Underwriters, Inc. | |||||
Property | 22.12 | CGS Canton | 8/31/2019 TTM | 95.0% | $229,845 | $86,645 | $143,200 | $1,450 | $11,686 | $130,064 | VHS Children’s Hospital of Michigan, Inc. | |||||
Loan | 6,7 | 23 | Greece Ridge Self Storage Portfolio | 9/30/2019 TTM | 8.4% | 90.8% | $1,796,316 | $679,563 | $1,116,753 | 8.6% | $30,209 | $0 | $1,086,544 | 8.4% | ||
Property | 23.01 | Greece Ridge Storage | 9/30/2019 TTM | 90.4% | $706,773 | $253,427 | $453,346 | $11,693 | $0 | $441,653 | N/A | |||||
Property | 23.02 | Greece Mini Storage | 9/30/2019 TTM | 93.0% | $683,422 | $275,372 | $408,049 | $10,743 | $0 | $397,306 | Vasilios & Ioannis Tegas | |||||
Property | 23.03 | Brockport Mini Storage | 9/30/2019 TTM | 88.1% | $406,121 | $150,763 | $255,358 | $7,773 | $0 | $247,585 | N/A | |||||
Loan | 8 | 24 | Indio Towne Center | N/A | N/A | 91.3% | $1,845,816 | $587,726 | $1,258,090 | 10.2% | $36,981 | $73,963 | $1,147,146 | 9.3% | Burlington | |
Loan | 5 | 25 | Jewelry Building | 10/30/2019 TTM | 12.8% | 92.5% | $2,926,056 | $1,090,359 | $1,835,697 | 10.8% | $16,986 | $63,416 | $1,755,295 | 10.3% | KNG Properties, LLC | |
Loan | 26 | 435 North Lasalle | 9/30/2019 T-9 Ann. | 8.8% | 91.0% | $1,612,445 | $561,211 | $1,051,234 | 9.2% | $8,705 | $80,620 | $961,909 | 8.4% | Aeris Communication Inc. | ||
Loan | 9 | 27 | Stonebridge Shopping Center | 9/30/2019 TTM | 6.3% | 82.7% | $1,329,937 | $372,572 | $957,365 | 8.5% | $5,517 | $37,339 | $914,510 | 8.2% | Bridgestone/Firestone | |
Loan | 28 | Midgard Jacksonville | 11/30/2019 TTM | 9.7% | 81.5% | $1,591,608 | $581,181 | $1,010,427 | 9.3% | $44,419 | $20,020 | $945,988 | 8.7% | Big Lots | ||
Loan | 29 | Clovis Storage & Executive Office Suites | 8/31/2019 TTM | 12.4% | 92.3% | $2,035,170 | $706,654 | $1,328,516 | 13.3% | $16,958 | $0 | $1,311,558 | 13.1% | N/A | ||
Loan | 30 | Grouse Run Apartments | 10/31/2019 TTM | 8.8% | 90.4% | $1,890,883 | $973,875 | $917,008 | 10.0% | $90,698 | $0 | $826,310 | 9.0% | N/A | ||
Loan | 31 | The Crossing at Tahoe Valley | 10/31/2019 TTM | 7.5% | 89.7% | $1,378,397 | $480,097 | $898,300 | 11.4% | $8,296 | $36,870 | $853,133 | 10.9% | Big 5 Sporting Goods | ||
Loan | 32 | Mountain Ave Storage 1 | 11/30/2019 TTM | 10.8% | 87.0% | $1,139,036 | $385,763 | $753,273 | 10.7% | $12,324 | $0 | $740,949 | 10.5% | N/A | ||
Loan | 33 | Holiday Inn Express Chalmette | 12/31/2019 | 13.3% | 65.7% | $2,280,373 | $1,485,865 | $794,508 | 12.8% | $91,215 | $0 | $703,293 | 11.3% | N/A | ||
Loan | 34 | 33-16 Woodside Avenue | 10/31/2019 TTM | 12.2% | 95.0% | $721,906 | $21,657 | $700,249 | 11.7% | $11,260 | $29,952 | $659,037 | 11.0% | RCN Telecom Services | ||
Loan | 35 | North Pointe Shopping Center | 9/30/2019 TTM | 12.0% | 90.1% | $956,683 | $299,786 | $656,897 | 11.5% | $22,819 | $38,031 | $596,048 | 10.4% | Save Mart Supermarket (Food Max) | ||
Loan | 6,7 | 36 | 3000 Fondren and River Hill Tower | 9/30/2019 TTM | 13.5% | 87.0% | $1,388,667 | $604,106 | $784,561 | 14.2% | $16,488 | $131,644 | $636,429 | 11.5% | ||
Property | 36.01 | 3000 Fondren | 9/30/2019 TTM | 80.4% | $716,201 | $344,276 | $371,925 | $9,173 | $77,674 | $285,078 | Surin of Thailand | |||||
Property | 36.02 | River Hill Tower | 9/30/2019 TTM | 94.2% | $672,467 | $259,830 | $412,636 | $7,315 | $53,970 | $351,351 | Heart of Hospice | |||||
Loan | 37 | 54 Woodstock | 11/30/2019 TTM | 4.9% | 94.6% | $589,790 | $168,340 | $421,450 | 7.7% | $9,500 | $0 | $411,950 | 7.5% | N/A | ||
Loan | 38 | Commerce Building - San Diego | 11/30/2019 TTM | 3.3% | 95.0% | $654,794 | $254,126 | $400,668 | 9.1% | $8,592 | $14,110 | $377,966 | 8.6% | Trailer Park After Dark | ||
Loan | 39 | CVS Saraland | 11/30/2019 TTM | 8.7% | 100.0% | $422,298 | $43,925 | $378,373 | 8.9% | $1,984 | $0 | $376,390 | 8.8% | CVS | ||
Loan | 40 | Mountain Ave Storage 2 | 10/31/2019 TTM | 11.0% | 80.5% | $669,675 | $266,650 | $403,026 | 10.2% | $10,595 | $0 | $392,431 | 9.9% | N/A |
A-1-8
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Largest Tenant Lease Expiration(4) | Largest Tenant NSF | Largest Tenant % of NSF | 2nd Largest Tenant | 2nd Largest Tenant Lease Expiration(4) | 2nd Largest Tenant NSF | 2nd Largest Tenant % of NSF | 3rd Largest Tenant | 3rd Largest Tenant Lease Expiration(4) | 3rd Largest Tenant NSF | 3rd Largest Tenant % of NSF | |||
Loan | 5,9,11,12 | 1 | Bellagio Hotel and Casino | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 5,9 | 2 | 545 Washington Boulevard | 12/31/2033 | 352,765 | 40.7% | JPMorgan Chase Bank | 10/31/2032 | 343,805 | 39.7% | HSBC Technology & Services (USA) | 02/28/2021 | 77,472 | 8.9% | |||
Loan | 5,13,14,15 | 3 | Royal Palm Place | 12/31/2021 | 10,427 | 2.3% | James King, Inc. | 04/30/2023 | 6,000 | 1.3% | Showtime Boca, Inc. and Marily | 08/31/2020 | 4,480 | 1.0% | |||
Loan | 5,16 | 4 | AVR Atlanta Airport Marriott Gateway | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 6,7,10 | 5 | FTERE Bronx Portfolio 2 | ||||||||||||||
Property | 5.01 | 3425 Knox Place | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 5.02 | 1055 Grand Concourse | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 5.03 | 2081-2085 Valentine Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 5.04 | 2264 Creston Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 5.05 | 104 West 190th Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 5.06 | 1354 Commonwealth Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 5,17 | 6 | 1412 Broadway | 59,748 SF (8/1/2025); 17,665 SF (9/1/2020) | 77,413 | 18.4% | One Step Up | 12/01/2024 | 52,805 | 12.5% | Outerstuff Ltd. | 50,459 SF (4/1/2022); 542 SF (2/1/2030) | 51,001 | 12.1% | |||
Loan | 5 | 7 | 55 Hudson Yards | 04/30/2034 | 332,283 | 23.2% | Milbank, Tweed, Hadley & McCloy | 03/31/2034 | 287,333 | 20.1% | Cooley | 09/30/2039 | 146,227 | 10.2% | |||
Loan | 6,7 | 8 | Haggerty Corridor Corporate Park | ||||||||||||||
Property | 8.01 | Lewis Technology Centre | 04/30/2021 | 30,300 | 27.7% | CRT Medical Systems | 02/28/2023 | 23,078 | 21.1% | NGK Automotive Ceramics USA | 08/31/2026 | 15,598 | 14.3% | ||||
Property | 8.02 | Cabot Technology Centre | 02/28/2021 | 18,519 | 21.8% | Preh, Inc | 12/31/2025 | 17,921 | 21.1% | Porter Systems Inc | 10/31/2020 | 10,960 | 12.9% | ||||
Property | 8.03 | Country Club Office Centre | 02/28/2026 | 22,500 | 51.1% | Financial Architects | 01/31/2024 | 5,445 | 12.4% | Braun | 07/31/2023 | 5,335 | 12.1% | ||||
Property | 8.04 | LaSalle Technology South | 06/30/2029 | 27,377 | 52.4% | Osram Opto Semiconductors | 11/30/2027 | 24,901 | 47.6% | N/A | N/A | N/A | N/A | ||||
Loan | 6,7,10 | 9 | Bronx Multifamily Portfolio IV | ||||||||||||||
Property | 9.01 | 323-325 East Mosholu Parkway North | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 9.02 | 2550-2552 University Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 9.03 | 2952-2954 Marion Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 9.04 | 3205 Grand Concourse | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 18 | 10 | Seven Trees Center | 09/30/2031 | 30,920 | 19.8% | Bank of America | 04/07/2025 | 9,280 | 5.9% | Grand Fortune | 07/15/2022 | 8,340 | 5.3% | |||
Loan | 5,19 | 11 | Sol y Luna | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 5 | 12 | McCarthy Ranch | 01/31/2025 | 51,250 | 19.3% | Big Al’s | 04/30/2034 | 46,000 | 17.3% | Sportsman’s Warehouse | 08/31/2028 | 31,610 | 11.9% | |||
Loan | 20 | 13 | Ashley Court Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 14 | Versatile Warehouse | 12/31/2030 | 7,484 | 2.8% | Roman International Investments Group, Corp. | MTM | 5,200 | 1.9% | Total Marine | MTM | 5,125 | 1.9% | ||||
Loan | 15 | Northwest Crossing | 10/31/2024 | 39,365 | 10.3% | Harris County Engineering Department & Harris County Flood Control District | 11/30/2024 | 26,810 | 7.0% | Deposition Solutions, LLC | 06/30/2022 | 22,049 | 5.8% | ||||
Loan | 21 | 16 | Four Research Drive | 05/31/2025 | 71,060 | 44.0% | New Insight Holdings, Inc. dba Dyanta | 02/28/2030 | 26,969 | 16.7% | Leggette Brashears & Graham | 08/31/2022 | 14,707 | 9.1% | |||
Loan | 17 | Sunset Strip | 07/31/2030 | 16,740 | 19.5% | Dollar Tree | 01/31/2025 | 8,245 | 9.6% | Crafty Crab | 06/30/2029 | 7,274 | 8.5% | ||||
Loan | 10,22,23 | 18 | Hampton Court | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 10 | 19 | Catalina Luxury Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 24 | 20 | The Plaza at Belmar | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
Loan | 21 | 1520 Chestnut | 05/31/2028 | 18,526 | 49.2% | Giuseppe & Sons Group LLC | 10/10/2028 | 14,138 | 37.5% | Buffalo Exchange | 01/31/2028 | 5,000 | 13.3% | ||||
Loan | 5,6,7 | 22 | Alrig Portfolio | ||||||||||||||
Property | 22.01 | Bingham III | 11/30/2021 | 29,305 | 18.4% | Pyramid Solutions, Inc. | 12/31/2024 | 11,885 | 7.5% | Global Commercial Credit, LLC | 07/31/2024 | 7,447 | 4.7% | ||||
Property | 22.02 | 30445 Northwestern Highway | 11/30/2022 | 10,390 | 11.2% | Mall, Malisow and Cooney, P.C. | 02/28/2021 | 8,767 | 9.4% | Dragun Corporation | 01/31/2023 | 8,403 | 9.0% | ||||
Property | 22.03 | 1750 South Telegraph Road | 01/31/2023 | 13,579 | 20.0% | Grosinger, Spigelman and Grey Eye Surgeons, PC | 07/31/2026 | 13,169 | 19.4% | Yottabyte, LLC | 06/30/2020 | 10,118 | 14.9% | ||||
Property | 22.04 | 2550 South Telegraph Road | 04/30/2023 | 22,672 | 37.0% | Vision Specialists of Michigan, LLC | 04/14/2030 | 10,038 | 16.4% | Oakland Psychological Clinic, P.C. | 12/31/2022 | 6,100 | 10.0% | ||||
Property | 22.05 | 32270 Telegraph Road | 05/31/2025 | 9,772 | 18.6% | Spine Specialists of Michigan, Inc. | 09/30/2023 | 7,995 | 15.2% | Team Rehabilitation BF2, LLC | 09/30/2029 | 7,464 | 14.2% | ||||
Property | 22.06 | 2525 South Telegraph Road | 04/30/2021 | 4,406 | 13.6% | Associated Obstetrics & Gynecology, P.C. | 10/31/2020 | 4,305 | 13.2% | Laine Reynolds, Elizabeth Ross, and Tim Ross | 01/31/2022 | 3,691 | 11.4% | ||||
Property | 22.07 | Ellsworth Shopping Center | 01/31/2039 | 7,370 | 48.9% | Mattress Firm | 01/31/2029 | 4,190 | 27.8% | Aspen Dental | 12/31/2028 | 3,500 | 23.2% | ||||
Property | 22.08 | 3300 Alpine Avenue | 05/31/2029 | 2,600 | 39.6% | Chipotle | 06/30/2028 | 2,300 | 35.0% | Serenity Nails | 05/31/2029 | 1,664 | 25.4% | ||||
Property | 22.09 | 21 East Long Lake Road | 09/30/2020 | 5,554 | 20.8% | Barrett & Associates, Inc | 12/31/2024 | 4,843 | 18.1% | Cronin Law Firm PLLC | 03/31/2022 | 4,081 | 15.3% | ||||
Property | 22.10 | Fairways Office Building | 12/31/2020 | 9,268 | 26.1% | Miller and Tischler, PC | 04/30/2024 | 7,708 | 21.7% | Rochelle Liberman Travel Service, Inc. | 12/31/2022 | 5,698 | 16.1% | ||||
Property | 22.11 | 7115 Orchard Lake Road | 01/31/2029 | 5,045 | 20.1% | Mally A.C.T., LLC | 02/28/2023 | 4,946 | 19.7% | MVC MSO, LLC | 12/31/2024 | 2,110 | 8.4% | ||||
Property | 22.12 | CGS Canton | 05/31/2025 | 9,349 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 6,7 | 23 | Greece Ridge Self Storage Portfolio | ||||||||||||||
Property | 23.01 | Greece Ridge Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Property | 23.02 | Greece Mini Storage | 01/31/2022 | 3,500 | 58.5% | Oh La La Hair Salon | 12/31/2022 | 1,000 | 16.7% | Hudson Family Chiropractic | 07/31/2024 | 1,000 | 16.7% | ||||
Property | 23.03 | Brockport Mini Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 8 | 24 | Indio Towne Center | 02/28/2031 | 40,000 | 32.4% | Marshalls | 05/31/2029 | 22,000 | 17.8% | Party City | 01/31/2024 | 20,390 | 16.5% | |||
Loan | 5 | 25 | Jewelry Building | 1/15/2021 | 9,903 | 8.7% | GM Gold & Diamond, LP | 3/31/2024 | 7,366 | 6.5% | Gold and Diamond, Inc. | 02/29/2024 | 4,936 | 4.4% | |||
Loan | 26 | 435 North Lasalle | 01/31/2024 | 20,105 | 41.9% | Simple Mills, Inc. | 09/30/2025 | 10,010 | 20.9% | Advantage Plumbing | 04/30/2028 | 9,336 | 19.5% | ||||
Loan | 9 | 27 | Stonebridge Shopping Center | 07/31/2027 | 20,982 | 34.8% | ABC Store | 11/30/2023 | 3,689 | 6.1% | Qdoba | 09/30/2033 | 2,487 | 4.1% | |||
Loan | 28 | Midgard Jacksonville | 01/31/2023 | 26,535 | 58.8% | Salvation Army | 11/30/2024 | 18,600 | 41.2% | N/A | N/A | N/A | N/A | ||||
Loan | 29 | Clovis Storage & Executive Office Suites | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 30 | Grouse Run Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 31 | The Crossing at Tahoe Valley | 01/31/2024 | 11,500 | 25.0% | The Barn | 06/17/2024 | 4,532 | 9.8% | Cuppa Tahoe | 12/22/2022 | 2,782 | 6.0% | ||||
Loan | 32 | Mountain Ave Storage 1 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 33 | Holiday Inn Express Chalmette | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 34 | 33-16 Woodside Avenue | 02/28/2024 | 34,400 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 35 | North Pointe Shopping Center | 7/23/2023 | 49,950 | 65.7% | Rent-A-Center | 11/30/2021 | 3,704 | 4.9% | Fashion Nail and Spa | 11/30/2022 | 2,800 | 3.7% | ||||
Loan | 6,7 | 36 | 3000 Fondren and River Hill Tower | ||||||||||||||
Property | 36.01 | 3000 Fondren | 06/30/2029 | 8,149 | 18.7% | Clarke Veneers Plywood | 12/14/2023 | 3,813 | 8.7% | Terrel Williams, MD PLLC | 12/31/2024 | 3,502 | 8.0% | ||||
Property | 36.02 | River Hill Tower | 02/28/2023 | 5,816 | 15.1% | Children’s Advocacy Centers | 03/31/2025 | 4,500 | 11.7% | Regions Bank | 07/31/2023 | 3,153 | 8.2% | ||||
Loan | 37 | 54 Woodstock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 38 | Commerce Building - San Diego | 06/30/2025 | 5,000 | 22.1% | Groove Labs Inc. | 01/31/2022 | 4,421 | 19.6% | George Hamana (dba J/K Restaurant & Bar) | 07/31/2030 | 4,232 | 18.7% | ||||
Loan | 39 | CVS Saraland | 01/31/2041 | 13,225 | 100.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
Loan | 40 | Mountain Ave Storage 2 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
A-1-9
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | 4th Largest Tenant | 4th Largest Tenant Lease Expiration(4) | 4th Largest Tenant NSF | 4th Largest Tenant % of NSF | 5th Largest Tenant | 5th Largest Tenant Lease Expiration(4) | 5th Largest Tenant NSF | 5th Largest Tenant % of NSF | Upfront Replacement Reserves | Monthly Replacement Reserves | Replacement Reserve Cap | Upfront TI/LC Reserves | ||
Loan | 5,9,11,12 | 1 | Bellagio Hotel and Casino | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | $0 | ||
Loan | 5,9 | 2 | 545 Washington Boulevard | VF Sportswear | 02/28/2025 | 42,643 | 4.9% | Newport Restaurant Group (Dorrian’s) | 04/30/2032 | 4,760 | 0.5% | $0 | $10,834 | $0 | $0 | ||
Loan | 5,13,14,15 | 3 | Royal Palm Place | Grand Interiors International | 03/31/2020 | 4,300 | 0.9% | Funky Biscuit Enterprises, Inc | 03/31/2020 | 4,100 | 0.9% | $0 | $0 | $0 | $0 | ||
Loan | 5,16 | 4 | AVR Atlanta Airport Marriott Gateway | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $1,000,000 | $0 | $0 | $0 | ||
Loan | 6,7,10 | 5 | FTERE Bronx Portfolio 2 | $0 | $6,978 | $0 | $0 | ||||||||||
Property | 5.01 | 3425 Knox Place | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 5.02 | 1055 Grand Concourse | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 5.03 | 2081-2085 Valentine Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 5.04 | 2264 Creston Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 5.05 | 104 West 190th Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 5.06 | 1354 Commonwealth Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 5,17 | 6 | 1412 Broadway | Workville | 14,374 SF (4/1/2023); 14,000 SF (1/1/2026) | 28,374 | 6.7% | Kahn Lucas Lancaster | 09/01/2020 | 17,665 | 4.2% | $0 | $6,991 | $251,670 | $2,000,000 | ||
Loan | 5 | 7 | 55 Hudson Yards | Boies, Schiller & Flexner | 06/30/2035 | 110,732 | 7.7% | Third Point | 07/31/2029 | 89,043 | 6.2% | $0 | $0 | $0 | $34,260,641 | ||
Loan | 6,7 | 8 | Haggerty Corridor Corporate Park | $0 | $4,840 | $250,000 | $0 | ||||||||||
Property | 8.01 | Lewis Technology Centre | IFA Rotorion | 08/31/2024 | 8,322 | 7.6% | Hosiden | 04/30/2023 | 6,650 | 6.1% | |||||||
Property | 8.02 | Cabot Technology Centre | ITK Engineering | 11/30/2021 | 6,416 | 7.6% | Toyota | 07/31/2020 | 6,197 | 7.3% | |||||||
Property | 8.03 | Country Club Office Centre | Cornerstone | 06/30/2022 | 4,158 | 9.4% | N/A | N/A | N/A | N/A | |||||||
Property | 8.04 | LaSalle Technology South | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 6,7,10 | 9 | Bronx Multifamily Portfolio IV | $0 | $4,333 | $0 | $0 | ||||||||||
Property | 9.01 | 323-325 East Mosholu Parkway North | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 9.02 | 2550-2552 University Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 9.03 | 2952-2954 Marion Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 9.04 | 3205 Grand Concourse | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 18 | 10 | Seven Trees Center | Lolita’s Furniture (Martinez) | MTM | 7,500 | 4.8% | A1 Discount | MTM | 6,396 | 4.1% | $0 | $5,208 | $124,980 | $0 | ||
Loan | 5,19 | 11 | Sol y Luna | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $13,782 | $0 | $0 | ||
Loan | 5 | 12 | McCarthy Ranch | Ross Stores | 01/31/2025 | 27,000 | 10.2% | PetSmart | 04/30/2020 | 25,416 | 9.6% | $0 | $4,433 | $300,000 | $500,000 | ||
Loan | 20 | 13 | Ashley Court Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $5,292 | $0 | $0 | ||
Loan | 14 | Versatile Warehouse | Dependable Shutters | MTM | 5,079 | 1.9% | KJ US | MTM | 4,375 | 1.6% | $0 | $6,884 | $0 | $0 | |||
Loan | 15 | Northwest Crossing | Harris County Community Services Department | 11/30/2024 | 21,943 | 5.7% | Alamo Title Company | 03/31/2024 | 20,722 | 5.4% | $0 | $6,379 | $0 | $850,000 | |||
Loan | 21 | 16 | Four Research Drive | Regus | 07/31/2020 | 12,500 | 7.7% | Harrington and Smith Esq. | 02/28/2022 | 8,200 | 5.1% | $0 | $2,692 | $150,000 | $300,000 | ||
Loan | 17 | Sunset Strip | Sherwin Williams | 10/31/2024 | 5,659 | 6.6% | Kayleen’s Learning Center | 09/30/2020 | 4,868 | 5.7% | $310,000 | $1,268 | $0 | $0 | |||
Loan | 10,22,23 | 18 | Hampton Court | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 | $0 | ||
Loan | 10 | 19 | Catalina Luxury Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $1,583 | $57,000 | $0 | ||
Loan | 24 | 20 | The Plaza at Belmar | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $1,000 | $36,000 | $0 | ||
Loan | 21 | 1520 Chestnut | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $471 | $0 | $0 | |||
Loan | 5,6,7 | 22 | Alrig Portfolio | $0 | $10,326 | $0 | $0 | ||||||||||
Property | 22.01 | Bingham III | Provision Insurance Group, LLC | 12/31/2023 | 6,154 | 3.9% | Greater Detroit Area Health Council, Inc. | 06/30/2023 | 5,535 | 3.5% | |||||||
Property | 22.02 | 30445 Northwestern Highway | American Institute for Preventative Medicine, Inc. | 03/31/2020 | 5,461 | 5.9% | Fortis Commercial, LLC | 02/29/2020 | 4,984 | 5.4% | |||||||
Property | 22.03 | 1750 South Telegraph Road | Dennis, Moye, Branstetter and Associates, P.C. | 02/28/2023 | 4,169 | 6.1% | Trinity Health - Michigan | 07/31/2024 | 3,903 | 5.8% | |||||||
Property | 22.04 | 2550 South Telegraph Road | The Sherwin-Williams Company | 12/31/2022 | 4,100 | 6.7% | WG Associates, LLC | 11/30/2026 | 2,466 | 4.0% | |||||||
Property | 22.05 | 32270 Telegraph Road | Oakland Arthritis Center, P.C. | 11/30/2020 | 5,000 | 9.5% | Ricardo Z. Vinuya, M.D., PLC | 01/31/2021 | 2,369 | 4.5% | |||||||
Property | 22.06 | 2525 South Telegraph Road | Neuro-Diagnostic and Sleep Disorder Center, P.C. | 07/31/2021 | 2,817 | 8.7% | Visscher-Caravelle N.A., Inc. | 01/31/2021 | 2,750 | 8.5% | |||||||
Property | 22.07 | Ellsworth Shopping Center | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 22.08 | 3300 Alpine Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 22.09 | 21 East Long Lake Road | Integrated Capital Management, Inc | 05/31/2021 | 2,099 | 7.9% | WalkerSearchGroup, LLC | 10/31/2023 | 2,061 | 7.7% | |||||||
Property | 22.10 | Fairways Office Building | Title Connect, LLC | 02/28/2023 | 4,625 | 13.0% | Kaufman Insurance and Financial Group, LLC | 09/30/2022 | 2,946 | 8.3% | |||||||
Property | 22.11 | 7115 Orchard Lake Road | Producers Marketing Group, Inc. | 08/31/2023 | 1,914 | 7.6% | Beauty Kingdom, LLC | 01/31/2027 | 1,816 | 7.2% | |||||||
Property | 22.12 | CGS Canton | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 6,7 | 23 | Greece Ridge Self Storage Portfolio | $0 | $1,860 | $44,639 | $0 | ||||||||||
Property | 23.01 | Greece Ridge Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Property | 23.02 | Greece Mini Storage | Richard Gollel | 07/31/2024 | 480 | 8.0% | N/A | N/A | N/A | N/A | |||||||
Property | 23.03 | Brockport Mini Storage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||
Loan | 8 | 24 | Indio Towne Center | Petco | 01/31/2021 | 15,257 | 12.4% | Ulta Salon | 01/31/2030 | 10,002 | 8.1% | $0 | $3,082 | $73,962 | $0 | ||
Loan | 5 | 25 | Jewelry Building | Radium Jewelry | 12/31/2023 | 4,430 | 3.9% | Dilshad F. Sultanali dba AAA Silver Wholesale Supply | MTM | 4,392 | 3.9% | $0 | $1,427 | $50,959 | $500,000 | ||
Loan | 26 | 435 North Lasalle | The Barre Code | 04/30/2028 | 5,025 | 10.5% | N/A | N/A | N/A | N/A | $97,000 | $800 | $0 | $0 | |||
Loan | 9 | 27 | Stonebridge Shopping Center | Creative Nails and Spa | 10/31/2025 | 2,487 | 4.1% | BurgerIM | 01/31/2030 | 2,480 | 4.1% | $0 | $459 | $16,550 | $0 | ||
Loan | 28 | Midgard Jacksonville | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $3,702 | $0 | $0 | |||
Loan | 29 | Clovis Storage & Executive Office Suites | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $1,413 | $33,916 | $0 | |||
Loan | 30 | Grouse Run Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $7,558 | $0 | $0 | |||
Loan | 31 | The Crossing at Tahoe Valley | Lake Tahoe Aleworx | 06/25/2027 | 2,770 | 6.0% | Elevate Wellness | 10/31/2021 | 2,388 | 5.2% | $0 | $576 | $27,291 | $0 | |||
Loan | 32 | Mountain Ave Storage 1 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $1,027 | $61,790 | $0 | |||
Loan | 33 | Holiday Inn Express Chalmette | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $7,642 | $0 | $0 | |||
Loan | 34 | 33-16 Woodside Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $11,260 | $0 | $11,260 | $17,200 | |||
Loan | 35 | North Pointe Shopping Center | Me-N-Eds Pizzeria Restaurant | 3/31/2024 | 2,208 | 2.9% | Phoking Restaurant | 12/31/2024 | 2,160 | 2.8% | $0 | $1,902 | $0 | $0 | |||
Loan | 6,7 | 36 | 3000 Fondren and River Hill Tower | $0 | $1,368 | $0 | $150,000 | ||||||||||
Property | 36.01 | 3000 Fondren | Harmony Dental Care | 04/30/2021 | 2,541 | 5.8% | Satcher Law Firm, PLLC | 03/31/2021 | 2,210 | 5.1% | |||||||
Property | 36.02 | River Hill Tower | Coxwell & Associates | 05/31/2022 | 2,142 | 5.6% | Lincoln Financial Advisors | 02/28/2022 | 2,083 | 5.4% | |||||||
Loan | 37 | 54 Woodstock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $792 | $0 | $0 | |||
Loan | 38 | Commerce Building - San Diego | IG&D, Inc. | 12/31/2023 | 1,633 | 7.2% | Trevor Olsen | 02/28/2021 | 1,264 | 5.6% | $0 | $708 | $0 | $460,000 | |||
Loan | 39 | CVS Saraland | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $165 | $1,984 | $0 | |||
Loan | 40 | Mountain Ave Storage 2 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $883 | $39,732 | $0 |
A-1-10
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Monthly TI/LC Reserves | TI/LC Reserve Cap | Upfront Tax Reserves | Monthly Tax Reserves | Upfront Insurance Reserves | Monthly Insurance Reserves | Upfront Deferred Maint. Reserve | Initial Other Reserves | Ongoing Other Reserves | Other Reserves Description | Appraisal Report Date | Environmental Phase I Report Date | |
Loan | 5,9,11,12 | 1 | Bellagio Hotel and Casino | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A | 11/12/2019 | 11/06/2019 | |
Loan | 5,9 | 2 | 545 Washington Boulevard | $72,226 | $1,500,000 | $881,651 | $0 | $0 | $0 | $0 | $26,042,846 | $0 | Rent Concession Reserve ($21,201,910.45); Existing TI/LC Obligations Reserve ($4,840,935.49) | 12/05/2019 | 08/15/2019 | |
Loan | 5,13,14,15 | 3 | Royal Palm Place | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A | 10/22/2019 | 09/18/2019 | |
Loan | 5,16 | 4 | AVR Atlanta Airport Marriott Gateway | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | PDDO Agreement Reserve | 11/25/2019 | 10/08/2019 | |
Loan | 6,7,10 | 5 | FTERE Bronx Portfolio 2 | $0 | $0 | $61,490 | $61,490 | $0 | $0 | $211,600 | $3,065,000 | $0 | J-51 Exemption Reserve | |||
Property | 5.01 | 3425 Knox Place | 01/17/2020 | 12/27/2019 | ||||||||||||
Property | 5.02 | 1055 Grand Concourse | 01/17/2020 | 12/27/2019 | ||||||||||||
Property | 5.03 | 2081-2085 Valentine Avenue | 01/17/2020 | 12/27/2019 | ||||||||||||
Property | 5.04 | 2264 Creston Avenue | 01/17/2020 | 12/27/2019 | ||||||||||||
Property | 5.05 | 104 West 190th Street | 01/17/2020 | 12/27/2019 | ||||||||||||
Property | 5.06 | 1354 Commonwealth Avenue | 01/17/2020 | 12/27/2019 | ||||||||||||
Loan | 5,17 | 6 | 1412 Broadway | $0 | $2,000,000 | $395,861 | $395,861 | $28,560 | $28,560 | $0 | $1,743,133 | $0 | Kasper Group Free Rent Reserve | 11/19/2019 | 10/22/2019 | |
Loan | 5 | 7 | 55 Hudson Yards | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $26,956,977 | $0 | Free Rent Reserve ($11,482,346); Milbank Lease Landlord Delay Dispute Reserve ($11,000,000); MarketAxess Lease Takeover Reserve ($4,474,631) | 11/05/2019 | 10/09/2019 | |
Loan | 6,7 | 8 | Haggerty Corridor Corporate Park | $24,199 | $875,000 | $202,020 | $36,012 | $36,276 | $3,628 | $0 | $78,750 | $0 | Couzens Lansky TI Reserve | |||
Property | 8.01 | Lewis Technology Centre | 01/03/2020 | 11/18/2019 | ||||||||||||
Property | 8.02 | Cabot Technology Centre | 01/03/2020 | 11/18/2019 | ||||||||||||
Property | 8.03 | Country Club Office Centre | 01/03/2020 | 11/18/2019 | ||||||||||||
Property | 8.04 | LaSalle Technology South | 01/03/2020 | 11/18/2019 | ||||||||||||
Loan | 6,7,10 | 9 | Bronx Multifamily Portfolio IV | $0 | $0 | $28,834 | $28,834 | $0 | $0 | $33,293 | $0 | $0 | N/A | |||
Property | 9.01 | 323-325 East Mosholu Parkway North | 11/19/2019 | 10/01/2019 | ||||||||||||
Property | 9.02 | 2550-2552 University Avenue | 11/19/2019 | 10/01/2019 | ||||||||||||
Property | 9.03 | 2952-2954 Marion Avenue | 11/19/2019 | 10/01/2019 | ||||||||||||
Property | 9.04 | 3205 Grand Concourse | 11/19/2019 | 10/01/2019 | ||||||||||||
Loan | 18 | 10 | Seven Trees Center | $14,972 | $538,976 | $119,003 | $29,751 | $0 | $0 | $35,938 | $932,033 | $0 | Seismic Retrofitting Reserve ($591,360); Environmental Remediation Reserve ($312,500); Environmental Insurance Reserve ($28,172.94) | 10/11/2019 | 10/30/2019 | |
Loan | 5,19 | 11 | Sol y Luna | $0 | $0 | $362,500 | $72,500 | $156,150 | $17,350 | $4,000 | $1,500,000 | $0 | Cash Collateral Reserve | 11/26/2019 | 10/01/2019 | |
Loan | 5 | 12 | McCarthy Ranch | $16,625 | $1,000,000 | $47,794 | $47,794 | $69,027 | $5,310 | $0 | $4,083,976 | $0 | PetSmart Reserve ($4,000,000); Bao Bao Reserve ($83,976) | 12/19/2019 | 12/17/2019 | |
Loan | 20 | 13 | Ashley Court Apartments | $0 | $0 | $205,849 | $20,585 | $30,265 | $5,503 | $13,988 | $1,505,000 | $0 | Unit Upgrade Reserve ($1,500,000); Termite Reserve ($5,000) | 11/26/2019 | 11/15/2019 | |
Loan | 14 | Versatile Warehouse | $5,353 | $96,354 | $167,126 | $41,782 | $102,323 | $12,220 | $0 | $0 | $0 | N/A | 12/22/2019 | 12/18/2019 | ||
Loan | 15 | Northwest Crossing | $47,841 | $1,725,000 | $87,454 | $43,727 | $47,001 | $15,667 | $29,375 | $225,288 | $0 | Outstanding TI/LC Reserve ($107,081); Free Rent Reserve ($63,450.03); Environmental Reserve ($54,757) | 12/18/2019 | 12/11/2019 | ||
Loan | 21 | 16 | Four Research Drive | $8,076 | $800,000 unless the Rollover Reserve Subaccount Cap Reduction Conditions are met, in which case the cap drops to $500,000 | $36,811 | $18,406 | $0 | $0 | $0 | $2,281,539 | $0 | Dyanta TI Allowance Reserve ($725,000); Dyanta Free Rent Reserve ($724,791.85); UHC TI Allowance Reserve ($355,300); UHC Free Rent Reserve ($127,315.84); Regus TI Allowance Reserve ($227,111.86); Parking Ground Rent Reserve ($55,590) Regus Free Rent Reserve ($43,750); WSP Free Rent Reserve ($22,679.38) | 12/13/2019 | 11/21/2019 | |
Loan | 17 | Sunset Strip | $3,585 | $200,000 | $77,615 | $19,404 | $47,921 | $11,346 | $0 | $378,766 | $0 | Outstanding TI/LC Reserve ($250,000); Gap Rent Reserve ($128,766) | 01/11/2020 | 11/01/2019 | ||
Loan | 10,22,23 | 18 | Hampton Court | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A | 11/20/2019 | 12/05/2019 | |
Loan | 10 | 19 | Catalina Luxury Apartments | $0 | $0 | $88,445 | $22,111 | $20,056 | $0 | $0 | $0 | $0 | N/A | 08/30/2019 | 08/19/2019 | |
Loan | 24 | 20 | The Plaza at Belmar | $0 | $0 | $566 | $566 | $35,560 | $5,080 | $0 | $68,750 | $0 | Groundwater Reserve | 12/18/2019 | 12/13/2019 | |
Loan | 21 | 1520 Chestnut | $4,708 | $169,488 | $116,521 | $11,652 | $0 | $0 | $0 | $43,700 | $0 | Giuseppe & Sons Reserve | 11/08/2019 | 10/29/2019 | ||
Loan | 5,6,7 | 22 | Alrig Portfolio | $60,911 | $1,750,000 | $226,356 | $71,854 | $71,142 | $6,467 | $216,173 | $111,600 | $0 | Chipotle TI Reserve | |||
Property | 22.01 | Bingham III | 10/21/2019 | 10/24/2019 | ||||||||||||
Property | 22.02 | 30445 Northwestern Highway | 10/21/2019 | 10/24/2019 | ||||||||||||
Property | 22.03 | 1750 South Telegraph Road | 10/22/2019 | 10/24/2019 | ||||||||||||
Property | 22.04 | 2550 South Telegraph Road | 10/22/2019 | 10/24/2019 | ||||||||||||
Property | 22.05 | 32270 Telegraph Road | 10/21/2019 | 10/24/2019 | ||||||||||||
Property | 22.06 | 2525 South Telegraph Road | 10/22/2019 | 10/24/2019 | ||||||||||||
Property | 22.07 | Ellsworth Shopping Center | 10/08/2019 | 10/24/2019 | ||||||||||||
Property | 22.08 | 3300 Alpine Avenue | 10/08/2019 | 10/24/2019 | ||||||||||||
Property | 22.09 | 21 East Long Lake Road | 10/22/2019 | 10/24/2019 | ||||||||||||
Property | 22.10 | Fairways Office Building | 10/21/2019 | 10/24/2019 | ||||||||||||
Property | 22.11 | 7115 Orchard Lake Road | 10/22/2019 | 10/24/2019 | ||||||||||||
Property | 22.12 | CGS Canton | 10/21/2019 | 10/24/2019 | ||||||||||||
Loan | 6,7 | 23 | Greece Ridge Self Storage Portfolio | $0 | $0 | $84,560 | $21,140 | $7,998 | $3,999 | $56,813 | $0 | $0 | N/A | |||
Property | 23.01 | Greece Ridge Storage | 11/27/2019 | 11/18/2019 | ||||||||||||
Property | 23.02 | Greece Mini Storage | 11/27/2019 | 11/18/2019 | ||||||||||||
Property | 23.03 | Brockport Mini Storage | 11/27/2019 | 11/18/2019 | ||||||||||||
Loan | 8 | 24 | Indio Towne Center | $6,164 | $147,925 | $106,015 | $26,503 | $0 | $0 | $12,500 | $593,478 | $0 | Ulta Salon Existing TI Reserve ($360,120); Five Below Existing TI Reserve ($90,220); Ulta Salon Free Rent Reserve ($78,112); Ulta Salon Existing LC Reserve ($65,026) | 11/25/2019 | 11/27/2019 | |
Loan | 5 | 25 | Jewelry Building | $0 | $500,000 | $21,500 | $10,750 | $63,432 | $5,286 | $73,125 | $0 | $0 | N/A | 01/23/2020 | 11/27/2019 | |
Loan | 26 | 435 North Lasalle | $4,000 | $145,000 | $114,713 | $16,388 | $0 | $0 | $8,750 | $313 | $0 | Environmental Reserve | 11/11/2019 | 11/06/2019 | ||
Loan | 9 | 27 | Stonebridge Shopping Center | $3,739 | $180,000 | $17,173 | $8,586 | $0 | $0 | $0 | $245,174 | $0 | Burger IM Outstanding TI Reserve ($86,800); Tiny Textures Outstanding TI Reserve ($40,000); Qdoba Outstanding TI Reserve ($37,305); Spectrum Transformation Outstanding TI Reserve ($10,000); Tiny Textures Free Rent Reserve ($30,704.47); Burger IM Free Rent Reserve ($6,235.08); Get Fit with Diva Free Rent Reserve ($10,920.89); Victoria Kitchen Free Rent Reserve ($17,740.88); Spectrum Transformation Free Rent Reserve ($5,467.50) | 11/07/2019 | 10/11/2019 | |
Loan | 28 | Midgard Jacksonville | $4,167 | $250,000 | $50,394 | $12,598 | $71,819 | $6,529 | $0 | $0 | $0 | N/A | 01/10/2020 | 09/24/2019 | ||
Loan | 29 | Clovis Storage & Executive Office Suites | $0 | $0 | $16,486 | $8,243 | $0 | $0 | $0 | $0 | $0 | N/A | 11/21/2019 | 11/08/2019 | ||
Loan | 30 | Grouse Run Apartments | $0 | $0 | $9,180 | $9,180 | $0 | $0 | $170,938 | $0 | $0 | N/A | 10/17/2019 | 11/25/2019 | ||
Loan | 31 | The Crossing at Tahoe Valley | $3,073 | $109,170 | $14,127 | $14,127 | $38,511 | $3,823 | $186,385 | $22,330 | $0 | Outstanding TILC Reserve ($22,230) | 12/20/2019 | 12/12/2019 | ||
Loan | 32 | Mountain Ave Storage 1 | $0 | $0 | $9,592 | $4,796 | $0 | $0 | $3,156 | $0 | $0 | N/A | 11/08/2019 | 11/06/2019 | ||
Loan | 33 | Holiday Inn Express Chalmette | $0 | $0 | $23,317 | $7,772 | $6,014 | $2,005 | $0 | $20,000 | $0 | Seasonality Reserve | 12/16/2019 | 11/18/2019 | ||
Loan | 34 | 33-16 Woodside Avenue | $0 | $17,200 | $0 | $0 | $286 | $286 | $0 | $0 | $0 | N/A | 12/16/2019 | 11/08/2019 | ||
Loan | 35 | North Pointe Shopping Center | $3,169 | $0 | $16,700 | $8,350 | $0 | $0 | $7,480 | $0 | $0 | N/A | 10/25/2019 | 10/16/2019 | ||
Loan | 6,7 | 36 | 3000 Fondren and River Hill Tower | $0 | $150,000 | $26,144 | $13,072 | $1,826 | $1,826 | $9,063 | $19,673 | $0 | Rent Concession Reserve | |||
Property | 36.01 | 3000 Fondren | 10/04/2019 | 09/05/2019 | ||||||||||||
Property | 36.02 | River Hill Tower | 10/04/2019 | 09/05/2019 | ||||||||||||
Loan | 37 | 54 Woodstock | $0 | $0 | $13,429 | $4,476 | $2,276 | $1,138 | $3,125 | $30,191 | $0 | Fee in Lieu Reserve | 11/21/2019 | 11/14/2019 | ||
Loan | 38 | Commerce Building - San Diego | $1,884 | $125,000 | $16,610 | $8,305 | $2,101 | $700 | $31,875 | $69,000 | $0 | Gap Rent Reserve | 01/16/2020 | 01/16/2020 | ||
Loan | 39 | CVS Saraland | $0 | $0 | $0 | $0 | $398 | $199 | $12,500 | $0 | $0 | N/A | 11/14/2019 | 11/08/2019 | ||
Loan | 40 | Mountain Ave Storage 2 | $0 | $0 | $3,302 | $1,651 | $0 | $0 | $32,919 | $0 | $0 | N/A | 11/08/2019 | 11/06/2019 |
A-1-11
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | Seismic Zone (Y/N) | PML % | Cut-off Date Pari Passu Mortgage Debt Balance | Coop - Committed Secondary Debt | Cut-off Date Subord. Mortgage Debt Balance | Total Mortgage Debt Cut-off Date LTV Ratio | Total Mortgage Debt UW NCF DSCR | Total Mortgage Debt UW NOI Debt Yield | Cut-off Date Mezzanine Debt Balance | ||
Loan | 5,9,11,12 | 1 | Bellagio Hotel and Casino | N/A | 11/06/2019 | N/A | No | N/A | $1,611,200,000 | $1,333,800,000 | 70.7% | 4.06x | 15.7% | ||||
Loan | 5,9 | 2 | 545 Washington Boulevard | N/A | 08/15/2019 | N/A | No | N/A | $191,606,250 | 61.4% | 2.50x | 8.8% | |||||
Loan | 5,13,14,15 | 3 | Royal Palm Place | N/A | 09/18/2019 | N/A | No | N/A | $50,000,000 | 62.9% | 2.16x | 8.5% | |||||
Loan | 5,16 | 4 | AVR Atlanta Airport Marriott Gateway | N/A | 10/08/2019 | N/A | No | N/A | $50,000,000 | 63.3% | 2.80x | 12.4% | |||||
Loan | 6,7,10 | 5 | FTERE Bronx Portfolio 2 | ||||||||||||||
Property | 5.01 | 3425 Knox Place | N/A | 12/27/2019 | N/A | No | N/A | ||||||||||
Property | 5.02 | 1055 Grand Concourse | N/A | 12/27/2019 | N/A | No | N/A | ||||||||||
Property | 5.03 | 2081-2085 Valentine Avenue | N/A | 12/27/2019 | N/A | No | N/A | ||||||||||
Property | 5.04 | 2264 Creston Avenue | N/A | 12/27/2019 | N/A | No | N/A | ||||||||||
Property | 5.05 | 104 West 190th Street | N/A | 12/27/2019 | N/A | No | N/A | ||||||||||
Property | 5.06 | 1354 Commonwealth Avenue | N/A | 12/27/2019 | N/A | No | N/A | ||||||||||
Loan | 5,17 | 6 | 1412 Broadway | N/A | 10/22/2019 | N/A | No | N/A | $170,000,000 | 58.3% | 1.92x | 7.5% | |||||
Loan | 5 | 7 | 55 Hudson Yards | N/A | 10/04/2019 | N/A | No | N/A | $908,100,000 | $300,000,000 | 51.9% | 2.69x | 8.3% | ||||
Loan | 6,7 | 8 | Haggerty Corridor Corporate Park | ||||||||||||||
Property | 8.01 | Lewis Technology Centre | N/A | 11/18/2019 | N/A | No | N/A | ||||||||||
Property | 8.02 | Cabot Technology Centre | N/A | 11/18/2019 | N/A | No | N/A | ||||||||||
Property | 8.03 | Country Club Office Centre | N/A | 11/18/2019 | N/A | No | N/A | ||||||||||
Property | 8.04 | LaSalle Technology South | N/A | 11/21/2019 | N/A | No | N/A | ||||||||||
Loan | 6,7,10 | 9 | Bronx Multifamily Portfolio IV | ||||||||||||||
Property | 9.01 | 323-325 East Mosholu Parkway North | N/A | 10/01/2019 | N/A | No | N/A | ||||||||||
Property | 9.02 | 2550-2552 University Avenue | N/A | 10/01/2019 | N/A | No | N/A | ||||||||||
Property | 9.03 | 2952-2954 Marion Avenue | N/A | 10/01/2019 | N/A | No | N/A | ||||||||||
Property | 9.04 | 3205 Grand Concourse | N/A | 10/01/2019 | N/A | No | N/A | ||||||||||
Loan | 18 | 10 | Seven Trees Center | N/A | 09/25/2019 | 09/25/2019 | Yes - 4 | 18.0% | |||||||||
Loan | 5,19 | 11 | Sol y Luna | N/A | 10/01/2019 | N/A | No | N/A | $65,000,000 | $53,000,000 | 74.7% | 1.12x | 6.3% | ||||
Loan | 5 | 12 | McCarthy Ranch | N/A | 12/16/2019 | 12/16/2019 | Yes - 4 | 15.0% | $20,000,000 | 60.5% | 2.40x | 9.5% | |||||
Loan | 20 | 13 | Ashley Court Apartments | N/A | 11/15/2019 | N/A | No | N/A | |||||||||
Loan | 14 | Versatile Warehouse | N/A | 12/18/2019 | N/A | No | N/A | ||||||||||
Loan | 15 | Northwest Crossing | N/A | 12/09/2019 | N/A | No | N/A | ||||||||||
Loan | 21 | 16 | Four Research Drive | N/A | 11/22/2019 | N/A | No | N/A | |||||||||
Loan | 17 | Sunset Strip | N/A | 11/05/2019 | N/A | No | N/A | ||||||||||
Loan | 10,22,23 | 18 | Hampton Court | N/A | 11/15/2019 | N/A | No | N/A | $0 | ||||||||
Loan | 10 | 19 | Catalina Luxury Apartments | N/A | 08/21/2019 | 08/19/2019 | Yes - 4 | 8.0% | |||||||||
Loan | 24 | 20 | The Plaza at Belmar | N/A | 12/13/2019 | N/A | No | N/A | |||||||||
Loan | 21 | 1520 Chestnut | N/A | 10/29/2019 | N/A | No | N/A | ||||||||||
Loan | 5,6,7 | 22 | Alrig Portfolio | $35,000,000 | 67.7% | 1.72x | 11.6% | ||||||||||
Property | 22.01 | Bingham III | N/A | 10/08/2019 | N/A | No | N/A | ||||||||||
Property | 22.02 | 30445 Northwestern Highway | N/A | 10/08/2019 | N/A | No | N/A | ||||||||||
Property | 22.03 | 1750 South Telegraph Road | N/A | 10/08/2019 | N/A | No | N/A | ||||||||||
Property | 22.04 | 2550 South Telegraph Road | N/A | 10/08/2019 | N/A | No | N/A | ||||||||||
Property | 22.05 | 32270 Telegraph Road | N/A | 10/08/2019 | N/A | No | N/A | ||||||||||
Property | 22.06 | 2525 South Telegraph Road | N/A | 10/08/2019 | N/A | No | N/A | ||||||||||
Property | 22.07 | Ellsworth Shopping Center | N/A | 10/02/2019 | N/A | No | N/A | ||||||||||
Property | 22.08 | 3300 Alpine Avenue | N/A | 10/08/2019 | N/A | No | N/A | ||||||||||
Property | 22.09 | 21 East Long Lake Road | 10/17/2019 | 10/08/2019 | N/A | No | N/A | ||||||||||
Property | 22.10 | Fairways Office Building | N/A | 10/08/2019 | N/A | No | N/A | ||||||||||
Property | 22.11 | 7115 Orchard Lake Road | N/A | 10/08/2019 | N/A | No | N/A | ||||||||||
Property | 22.12 | CGS Canton | 10/22/2019 | 10/08/2019 | N/A | No | N/A | ||||||||||
Loan | 6,7 | 23 | Greece Ridge Self Storage Portfolio | ||||||||||||||
Property | 23.01 | Greece Ridge Storage | N/A | 11/18/2019 | N/A | No | N/A | ||||||||||
Property | 23.02 | Greece Mini Storage | N/A | 11/18/2019 | N/A | No | N/A | ||||||||||
Property | 23.03 | Brockport Mini Storage | N/A | 11/18/2019 | N/A | No | N/A | ||||||||||
Loan | 8 | 24 | Indio Towne Center | N/A | 11/27/2019 | 11/27/2019 | Yes - 4 | 10.0% | |||||||||
Loan | 5 | 25 | Jewelry Building | N/A | 11/27/2019 | N/A | No | N/A | $5,000,000 | 72.3% | 1.58x | 10.8% | |||||
Loan | 26 | 435 North Lasalle | N/A | 11/06/2019 | N/A | No | N/A | ||||||||||
Loan | 9 | 27 | Stonebridge Shopping Center | N/A | 10/11/2019 | N/A | No | N/A | |||||||||
Loan | 28 | Midgard Jacksonville | N/A | 09/24/2019 | N/A | No | N/A | ||||||||||
Loan | 29 | Clovis Storage & Executive Office Suites | N/A | 11/08/2019 | 11/08/2019 | Yes - 3 | 5.0% | ||||||||||
Loan | 30 | Grouse Run Apartments | N/A | 11/25/2019 | N/A | No | N/A | ||||||||||
Loan | 31 | The Crossing at Tahoe Valley | N/A | 12/12/2019 | 12/12/2019 | Yes - 3 | 11.0% | ||||||||||
Loan | 32 | Mountain Ave Storage 1 | N/A | 11/06/2019 | 11/06/2019 | Yes - 4 | 19.0% | ||||||||||
Loan | 33 | Holiday Inn Express Chalmette | N/A | 11/18/2019 | N/A | No | N/A | ||||||||||
Loan | 34 | 33-16 Woodside Avenue | N/A | 11/08/2019 | N/A | No | N/A | ||||||||||
Loan | 35 | North Pointe Shopping Center | N/A | 10/16/2019 | 10/16/2019 | Yes - 4 | 4.0% | ||||||||||
Loan | 6,7 | 36 | 3000 Fondren and River Hill Tower | ||||||||||||||
Property | 36.01 | 3000 Fondren | N/A | 09/05/2019 | N/A | No | N/A | ||||||||||
Property | 36.02 | River Hill Tower | N/A | 09/05/2019 | N/A | No | N/A | ||||||||||
Loan | 37 | 54 Woodstock | N/A | 11/15/2019 | 11/14/2019 | Yes - 3 | 6.0% | ||||||||||
Loan | 38 | Commerce Building - San Diego | N/A | 01/16/2020 | 12/31/2019 | Yes - 4 | 15.0% | ||||||||||
Loan | 39 | CVS Saraland | N/A | 11/08/2019 | N/A | No | N/A | ||||||||||
Loan | 40 | Mountain Ave Storage 2 | N/A | 11/06/2019 | 11/06/2019 | Yes - 4 | 19.0% |
A-1-12
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Property Flag | Footnotes | Loan ID | Property Name | Total Debt Cut-off Date LTV Ratio | Total Debt UW NCF DSCR | Total Debt UW NOI Debt Yield | Coop - Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Coop Units | Coop - Sponsor/ Investor Carry | |
Loan | 5,9,11,12 | 1 | Bellagio Hotel and Casino | |||||||||||
Loan | 5,9 | 2 | 545 Washington Boulevard | |||||||||||
Loan | 5,13,14,15 | 3 | Royal Palm Place | |||||||||||
Loan | 5,16 | 4 | AVR Atlanta Airport Marriott Gateway | |||||||||||
Loan | 6,7,10 | 5 | FTERE Bronx Portfolio 2 | |||||||||||
Property | 5.01 | 3425 Knox Place | ||||||||||||
Property | 5.02 | 1055 Grand Concourse | ||||||||||||
Property | 5.03 | 2081-2085 Valentine Avenue | ||||||||||||
Property | 5.04 | 2264 Creston Avenue | ||||||||||||
Property | 5.05 | 104 West 190th Street | ||||||||||||
Property | 5.06 | 1354 Commonwealth Avenue | ||||||||||||
Loan | 5,17 | 6 | 1412 Broadway | |||||||||||
Loan | 5 | 7 | 55 Hudson Yards | |||||||||||
Loan | 6,7 | 8 | Haggerty Corridor Corporate Park | |||||||||||
Property | 8.01 | Lewis Technology Centre | ||||||||||||
Property | 8.02 | Cabot Technology Centre | ||||||||||||
Property | 8.03 | Country Club Office Centre | ||||||||||||
Property | 8.04 | LaSalle Technology South | ||||||||||||
Loan | 6,7,10 | 9 | Bronx Multifamily Portfolio IV | |||||||||||
Property | 9.01 | 323-325 East Mosholu Parkway North | ||||||||||||
Property | 9.02 | 2550-2552 University Avenue | ||||||||||||
Property | 9.03 | 2952-2954 Marion Avenue | ||||||||||||
Property | 9.04 | 3205 Grand Concourse | ||||||||||||
Loan | 18 | 10 | Seven Trees Center | |||||||||||
Loan | 5,19 | 11 | Sol y Luna | |||||||||||
Loan | 5 | 12 | McCarthy Ranch | |||||||||||
Loan | 20 | 13 | Ashley Court Apartments | |||||||||||
Loan | 14 | Versatile Warehouse | ||||||||||||
Loan | 15 | Northwest Crossing | ||||||||||||
Loan | 21 | 16 | Four Research Drive | |||||||||||
Loan | 17 | Sunset Strip | ||||||||||||
Loan | 10,22,23 | 18 | Hampton Court | $115,000,000 | 14.8% | 100.0% | 0 | 0 | 316 | $0 | ||||
Loan | 10 | 19 | Catalina Luxury Apartments | |||||||||||
Loan | 24 | 20 | The Plaza at Belmar | |||||||||||
Loan | 21 | 1520 Chestnut | ||||||||||||
Loan | 5,6,7 | 22 | Alrig Portfolio | |||||||||||
Property | 22.01 | Bingham III | ||||||||||||
Property | 22.02 | 30445 Northwestern Highway | ||||||||||||
Property | 22.03 | 1750 South Telegraph Road | ||||||||||||
Property | 22.04 | 2550 South Telegraph Road | ||||||||||||
Property | 22.05 | 32270 Telegraph Road | ||||||||||||
Property | 22.06 | 2525 South Telegraph Road | ||||||||||||
Property | 22.07 | Ellsworth Shopping Center | ||||||||||||
Property | 22.08 | 3300 Alpine Avenue | ||||||||||||
Property | 22.09 | 21 East Long Lake Road | ||||||||||||
Property | 22.10 | Fairways Office Building | ||||||||||||
Property | 22.11 | 7115 Orchard Lake Road | ||||||||||||
Property | 22.12 | CGS Canton | ||||||||||||
Loan | 6,7 | 23 | Greece Ridge Self Storage Portfolio | |||||||||||
Property | 23.01 | Greece Ridge Storage | ||||||||||||
Property | 23.02 | Greece Mini Storage | ||||||||||||
Property | 23.03 | Brockport Mini Storage | ||||||||||||
Loan | 8 | 24 | Indio Towne Center | |||||||||||
Loan | 5 | 25 | Jewelry Building | |||||||||||
Loan | 26 | 435 North Lasalle | ||||||||||||
Loan | 9 | 27 | Stonebridge Shopping Center | |||||||||||
Loan | 28 | Midgard Jacksonville | ||||||||||||
Loan | 29 | Clovis Storage & Executive Office Suites | ||||||||||||
Loan | 30 | Grouse Run Apartments | ||||||||||||
Loan | 31 | The Crossing at Tahoe Valley | ||||||||||||
Loan | 32 | Mountain Ave Storage 1 | ||||||||||||
Loan | 33 | Holiday Inn Express Chalmette | ||||||||||||
Loan | 34 | 33-16 Woodside Avenue | ||||||||||||
Loan | 35 | North Pointe Shopping Center | ||||||||||||
Loan | 6,7 | 36 | 3000 Fondren and River Hill Tower | |||||||||||
Property | 36.01 | 3000 Fondren | ||||||||||||
Property | 36.02 | River Hill Tower | ||||||||||||
Loan | 37 | 54 Woodstock | ||||||||||||
Loan | 38 | Commerce Building - San Diego | ||||||||||||
Loan | 39 | CVS Saraland | ||||||||||||
Loan | 40 | Mountain Ave Storage 2 |
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MSC 2020-L4 | |
Footnotes to Annex A-1 | |
(1) | MSBNA—Morgan Stanley Bank, N.A.; MSMCH—Morgan Stanley Mortgage Capital Holdings LLC; AREF—Argentic Real Estate Finance LLC; SMC—Starwood Mortgage Capital LLC; CCRE—Cantor Commercial Real Estate Lending, L.P. |
(2) | Certain tenants may not be in occupancy or may be in free rent periods. See“Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” in this preliminary prospectus for information regarding the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans which are not in occupancy or are in free rent periods. |
(3) | The Administrative Fee Rate includes the master servicing fee rate, operating advisor fee rate, certificate administrator/trustee fee rate, asset representations reviewer fee rate, primary or sub-servicing servicing fee rate, CREFC® license fee rate and, with respect to any non-serviced mortgage loan,pari passu loan primary servicing fee rate, in each case applicable to the related mortgage loan. |
(4) | Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See“Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations”for information regarding certain lease termination options affecting the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans. |
(5) | Each of the Bellagio Hotel and Casino Mortgage Loan (Mortgage Loan No. 1), the 545 Washington Boulevard Mortgage Loan (Mortgage Loan No. 2), the Royal Palm Place Mortgage Loan (Mortgage Loan No. 3), the AVR Atlanta Airport Marriott Gateway Mortgage Loan (Mortgage Loan No. 4), the 1412 Broadway Mortgage Loan (Mortgage Loan No. 6), the 55 Hudson Yards Mortgage Loan (Mortgage Loan No. 7), the Sol y Luna Mortgage Loan (Mortgage Loan No. 11), the McCarthy Ranch Mortgage Loan (Mortgage Loan No. 12), the Alrig Portfolio Mortgage Loan (Mortgage Loan No. 22) and the Jewelry Building Mortgage Loan (Mortgage Loan No. 25) is part of a whole loan related to the Issuing Entity. For purposes of the statistical information set forth in this preliminary prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Unit/Room calculations are in each case based on the subject Mortgage Loan together with any related Pari Passu Companion Loan, but (unless otherwise indicated) without regard to any related Subordinate Companion Loan(s). For further information, see “Description of the Mortgage Pool—The Whole Loans—General”, “—The Serviced Pari Passu Whole Loans”, “—The Non-Serviced Pari Passu Whole Loans”, “—The Pari Passu-A/B Whole Loan”, “—The Non-Serviced Pari Passu-A/B Whole Loans” and “Pooling and Servicing Agreement” or “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans,” as applicable, in this preliminary prospectus. |
(6) | With respect to Mortgage Loan No. 5, FTERE Bronx Portfolio 2, Mortgage Loan No. 8, Haggerty Corridor Corporate Park, Mortgage Loan No. 9, Bronx Multifamily Portfolio IV, Mortgage Loan No. 22, Alrig Portfolio, Mortgage Loan No. 23, Greece Ridge Self Storage Portfolio and Mortgage Loan No. 36, 3000 Fondren and River Hill Tower, each such Mortgage Loan is secured by multiple properties. For purposes of the statistical information set forth in this preliminary prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Unit/Room calculations are shown on an aggregate basis, and a portion of the Cut-off Date Balance has been allocated to each mortgaged property based on the respective Appraised Values and/or Underwritten NCF, among other methods. |
(7) | With respect to Mortgage Loan No. 5, FTERE Bronx Portfolio 2, Mortgage Loan No. 8, Haggerty Corridor Corporate Park, Mortgage Loan No. 9, Bronx Multifamily Portfolio IV, Mortgage Loan No. 22, Alrig Portfolio, Mortgage Loan No. 23, Greece Ridge Self Storage Portfolio and Mortgage Loan No. 36, 3000 Fondren and River Hill Tower the related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, or other release conditions in connection with a partial defeasance or prepayment of the related Mortgage Loan. See“Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and “—Partial Releases, Substitutions and Additions” in this preliminary prospectus. |
(8) | With respect to Mortgage Loan No. 24, Indio Towne Center, the related loan documents permit one or more anchor store, outparcel or other releases without prepayment or defeasance. See“Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases, Substitutions and Additions” in this preliminary prospectus. |
(9) | With respect to Mortgage Loan No. 1, Bellagio Hotel and Casino, Mortgage Loan No. 2, 545 Washington Boulevard and Mortgage Loan No. 27, Stonebridge Shopping Center, the related mortgage loan documents permit future subordinate secured financing or mezzanine financing and/or preferred equity generally subject to compliance with certain combined LTV, DSCR and/or Debt Yield tests. See “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness” in this preliminary prospectus. |
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(10) | With respect to Mortgage Loan No. 5, FTERE Bronx Portfolio 2, Appraised Value (i) for the 104 West 190th Street Mortgaged Property includes $1,350,000 attributable to the net present value of a J-51 tax exemption, $30,000 attributable to the present value of two J-51 tax abatements and $200,000 attributable to a major capital improvements program (“MCI Program”) rent increase, each of which the borrower has informed the lender that it intends to apply for; (ii) for the 2264 Creston Avenue Mortgaged Property includes $1,750,000 attributable to the net present value of a J-51 tax exemption, $30,000 attributable to the present value of a J-51 tax abatement and $200,000 attributable to an MCI program rent increase, each of which the borrower has informed the lender that it intends to apply for; (iii) for the 2081-2085 Valentine Avenue Mortgaged Property includes $840,000 attributable to the net present value of a J-51 tax exemption, which the borrower has informed the lender that it intends to apply for, and $20,000 attributable to an MCI program rent increase, which has been applied for but had not been received as of the origination date; (iv) for the 1354 Commonwealth Avenue Mortgaged Property includes $370,000 attributable to the net present value of a J-51 tax exemption, $110,000 attributable to the net present value of two J-51 tax abatements, each of which has been applied for but had not been received as of the origination date, and $700,000 attributable to an MCI program rent increase, which is intended to be applied for ; (v) for the 1055 Grand Concourse Mortgaged Property includes $30,000 attributable to the net present value of a J-51 tax abatement, which has been applied for but had not been received as of the origination date, and $200,000 attributable to an MCI program rent increase, which is intended to be applied for; and (vi) for the 3425 Knox Place Mortgaged Property includes $20,000 attributable to an MCI program rent increase, which the borrower has informed the lender that it intends to apply for. The FTERE Bronx Portfolio 2 Mortgage Loan documents provide for an upfront reserve of $3,065,000 (the “FTERE Bronx Portfolio 2 Holdback”) with respect to the pending or applied for J-51 exemption, J-51 abatement, and MCI Program rent increases applications, as applicable for each related Mortgaged Property, which will be released or applied to prepay the Mortgage Loan as described under the definition of “Appraised Value” set forth under “Description of the Mortgage Pool—Certain Calculations and Definitions—Definitions” in the Preliminary Prospectus. With respect to Mortgage Loan No. 9, Bronx Multifamily Portfolio IV, Appraised Value for each of the 323-325 East Mosholu Parkway North Mortgaged Property and the 2952-2954 Marion Avenue Mortgaged Property includes $3,100,000 for the 323-325 East Mosholu Parkway North Mortgaged Property and $2,500,000 for the 2952-2954 Marion Avenue Mortgaged Property attributable to the net present value of an MCI Program rent increase, which has been applied for but had not been received as of the origination date. |
With respect to Mortgage Loan No. 18, Hampton Court, the Appraised Value used is a “Hypothetical As If Apartments” appraised value, which was made under the hypothetical assumption that the property is operated as a market level rental property and is stabilized as of the date of the value. | |
With respect to Mortgage Loan No. 19, Catalina Luxury Apartments, the Appraised Value of $29,300,000 is a “Prospective Value as Stabilized” value as of November 12, 2019, which assumes that the Mortgaged Property has a stabilized occupancy of 96.0%. As of November 7, 2019, the Catalina Luxury Apartments Mortgaged Property was 96.1% occupied. | |
(11) | With respect to Mortgage Loan No. 1, Bellagio Hotel and Casino, 29.6% of revenues were from gaming, 28.4% from hotel, 24.7% from food & beverage, 9.0% from entertainment and 8.3% from other sources. |
(12) | With respect to Mortgage Loan No. 1, Bellagio Hotel and Casino, the Mortgaged Property was acquired by the borrower in a sale-leaseback transaction from Bellagio, LLC, an indirectly wholly owned subsidiary of MGM Resorts International, which entered into a new 30-year lease, with two 10-year extension options to operate the Mortgaged Property (the “Bellagio Lease”). The Bellagio tenant owns a 5% equity interest in the borrower. Financial and other information in this preliminary prospectus is presented on a “look through” basis, before rent due under the Bellagio Lease. For so long as the Bellagio Lease is in effect, the borrower will be entitled only to the rent due under the Bellagio Lease and not to the underlying rent and other income from the Mortgaged Property. The initial Bellagio Lease annual rent is $245,000,000, and debt service coverage ratio and debt yield for the Bellagio Hotel and Casino Whole Loan based on such initial annual rent are 2.19x and 8.1%, respectively. |
(13) | With respect to Mortgage Loan No. 3, Royal Palm Place, all reserves are waived as the Royal Palm Place Mortgage Loan is fully recourse to the guarantors. However, reserves for taxes, insurance, replacements, and TI/LC will spring upon the occurrence and during the continuance of a cash management period. |
(14) | With respect to Mortgage Loan No. 3, Royal Palm Place, the Mortgaged Property is subject to a lockbox arrangement in which the lockbox is soft as of the origination date but will spring to hard for commercial tenants upon the occurrence of a cash management period. |
(15) | With respect to Mortgage Loan No. 3, Royal Palm Place, the total square footage presented is inclusive of 256,453 square feet (185 units) of multifamily space, 160,058 square feet of retail space, and 46,184 square feet of office space. |
(16) | With respect to Mortgage Loan No. 4, AVR Atlanta Airport Marriott Gateway, the borrower guarantor under the Mortgage Loan is AVR Gateway M LLC, which entity has the sole and exclusive right to operate the Mortgaged Property pursuant to a Parcel Design, Development and Operating Agreement (the “PDDO Agreement”) with the College Park Business and Industrial Development Authority (“BIDA”) that expires in August 2057. The borrower under the Mortgage Loan is BIDA, which entity is the owner of the fee interest in the Mortgaged Property. Pursuant to the PDDO Agreement, AVR Gateway M LLC has rights in the Mortgaged Property that are similar to leasehold interest rights, has guaranteed BIDA’s performance under the Whole Loan documents and has pledged its security interest in and assigned to lender all of its rights and interests in the PDDO Agreement. |
(17) | With respect to Mortgage Loan No. 6, 1412 Broadway, the fourth largest tenant (28,374 square feet), representing 6.7% of net rentable square feet, is an affiliate of the borrower. |
(18) | With respect to Mortgage Loan No. 10, Seven Trees Center, the largest tenant, Marina Grocery (30,920 square feet), representing 19.8% of net rentable square feet, is an affiliate of the borrower. |
(19) | With respect to Mortgage Loan No. 11, Sol y Luna, the Mortgage Loan is secured by the fee interest of NP Sol y Luna, DST (the “Sol y Luna 1 Borrower”), as lessor, and the leasehold interest of NP Sol y Luna LeaseCo, LLC (the “Sol y Luna 2 Borrower”) as lessee, pursuant to a master lease agreement. The Sol y Luna 1 Borrower and the Sol y Luna 2 Borrower are the borrowers under the Mortgage Loan on a joint and several basis. The master lease is scheduled to terminate on April 3, 2030. |
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(20) | With respect to Mortgage Loan No. 13, Ashley Court Apartments, the UW NOI Debt Yield, Underwritten NCF Debt Yield, Cut-off Date LTV Ratio and Maturity Date LTV Ratio are calculated net of $1,000,000 of a $1,500,000 Unit Upgrade Reserve. The reserve will be disbursed to the borrower in increments of $200,000 or a multiple of $200,000 provided that, among other things, the following conditions are satisfied: (i) such disbursement is for unit upgrades; (ii) the lender, at its discretion, requires verified performance of the work associated with such unit upgrades; (iii) the effective gross income of the Mortgaged Property is consistent with the schedule provided in the Ashley Court Apartments loan documents at the time of and following such disbursement; (iv) no cash management period exists; and (v) no event of default has occurred and is continuing. If $1,000,000 or more of the reserve has not been disbursed on or prior to December 6, 2022, the lender will have the right to apply the unreleased proceeds up to $1,000,000 to pay down the Ashley Court Apartments mortgage loan, accompanied by any applicable yield maintenance premium to be paid by the borrower. Assuming the full $1,000,000 reserve balance is not applied to the Ashley Court Apartments loan amount of $25,000,000, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield, Cut-off Date LTV Ratio, Maturity Date LTV Ratio, Most Recent NOI Debt Yield, Second Most Recent NOI Debt Yield, and Third Most Recent NOI Debt Yield are 8.0%, 7.7%, 67.6%, 67.6%, 7.7%, 7.3%, and 6.6%, respectively. |
(21) | With respect to Mortgage Loan No. 16, Four Research Drive, the Mortgage Loan is partially secured by the borrower’s leasehold interest in a parcel improved by a parking lot. The related ground lease has an initial expiration date of May 31, 2021, subject to three, five year renewal options exercisable by the borrower. |
(22) | With respect to Mortgage Loan No. 18, Hampton Court, historical occupancy for the Hampton Court Property is not reported as all residential units are owned by tenant-shareholders. The appraisal reported stabilized occupancy as of November 6, 2019 of 95.0%, which reflects the vacancy assumption for purposes of determining the appraised value of the Hampton Court Property as a multifamily rental property as of the appraisal valuation date. |
(23) | With respect to Mortgage Loan No. 18, Hampton Court, historical cashflows are “not applicable”. The Hampton Court Borrower is a not-for-profit residential cooperative that sets maintenance fees to cover current expenses and plan for future capital needs. The Hampton Court Borrower can increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves. The historical NOI figures are not representative of the cash flow that would be generated by the Hampton Court Property if it were operated as a multifamily rental property. |
(24) | With respect to Mortgage Loan No. 20, The Plaza at Belmar, the Mortgage Loan is secured by the fee interest of Tenth Avenue Associates Urban Renewal, LLC (the “Belmar 1 Borrower”) in the Mortgaged Property and the leasehold interest of Tenth and One, LLC (the “Belmar 2 Borrower”) in the Mortgaged Property. The Mortgaged Property is subject to a master lease agreement between the Belmar 1 Borrower, as lessor, and the Belmar 2 Borrower, as lessee. The Belmar 1 Borrower and the Belmar 2 Borrower are the borrowers under the Mortgage Loan on a joint and several basis. The master lease is scheduled to terminate on July 31, 2030. |
A. | “Yield Maintenance Premium” will mean an amount equal to the greater of (a) one-half of one percent (0.50%) of the outstanding principal amount of the Mortgage Loan to be prepaid or satisfied and (b) the excess, if any, of (i) the sum of the present values of all then-scheduled payments of principal and interest under the Mortgage Loan assuming that all scheduled payments are made timely and that the remaining outstanding principal and interest on the applicable note is paid on the Permitted Par Prepayment Date (with each such payment and assumed payment discounted to its present value at the date of prepayment at the rate which, when compounded monthly, is equivalent to the Prepayment Rate when compounded semi-annually and deducting from the sum of such present values any short-term interest paid from the date of prepayment to the next succeeding Payment Date in the event such payment is not made on a Payment Date), over (ii) the principal amount being prepaid. |
B. | “Yield Maintenance Premium” will mean an amount equal to the greater of (i) one percent (1%) of any applicable prepayment, or (ii) the present value as of the Prepayment Date of the Calculated Payments determined by discounting such payments at the Discount Rate. As used in this definition, (i) the term “Prepayment Date” means the date on which the applicable prepayment is made; (ii) the term “Calculated Payments” means the monthly payments of interest only which would be due from the Prepayment Date through August 6, 2029 based on the principal amount of the Loan being prepaid on the Prepayment Date and assuming an interest rate per annum in the amount, if any, by which the Interest Rate exceeds the Yield Maintenance Treasury Rate; (iii) the term “Discount Rate” means the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually; and (iv) the term “Yield Maintenance Treasury Rate” means the yield calculated by the lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer and one shorter) most nearly approximating August 6, 2029. (In the event Release H.15 is no longer published, the lender will select a comparable publication to determine the Yield Maintenance Treasury Rate.) The calculation of the Yield Maintenance Premium will be made by the lender and will, absent manifest error, be final, conclusive and binding upon the parties. |
C. | “Prepayment Fee” will mean an amount equal to the greater of (i) the Yield Maintenance Amount, or (ii) one percent (1%) of the unpaid principal balance of the note as of the Repayment Date. “Yield Maintenance Amount” will mean the present value, as of the Repayment Date, of the remaining scheduled payments of principal and interest from the Repayment Date through the Open Prepayment Date (including any balloon payment) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid on the Repayment Date. “Repayment Date” will mean the date of a defeasance or prepayment (as applicable) of the Loan pursuant to the provisions of Section 2.4 of the loan agreement. “Discount Rate” will mean the rate which, when compounded monthly, is equivalent to the lesser of (i) the Treasury Rate and (ii) the Swap Rate, each when compounded semi annually. “Swap Rate” will mean the yield calculated by the linear interpolation of mid-market swap yields, as reported on Reuters Capital Markets screen 19901 (SEMI-BOND column), with maturities (one longer and one shorter) most nearly approximating the Stated Maturity Date (in the event Reuters Capital Markets screen 19901 is no longer available, the lender will select a comparable publication to determine such yield). “Treasury Rate” will mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Repayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Open Prepayment Date. (In the event Release H.15 is no longer published, the lender will select a comparable publication to determine the Treasury Rate.) Prepayment/Repayment Conditions. (a) On the date on which a prepayment, voluntary or mandatory, is made under the note or as required under the loan agreement, which date must be a Business Day, the borrower will pay to the lender all unpaid interest on the portion of the Outstanding Principal Balance prepaid plus, if the Repayment Date is not a Monthly Payment Date, all interest accruing for the full Interest Period in which the Repayment Date falls. (b) On the Repayment Date, the borrower will pay to the lender (i) the Prepayment Fee (if such payment is made prior to the Open Prepayment Date), (ii) in the event the payment occurs on or prior to the Defeasance Lockout Expiration Date, the Liquidated Damages Amount and (iii) all other sums, then due under the note, the 55 Hudson Yards Mortgage Loan documents, the Mortgage, and the other loan documents. (c) the borrower will pay all reasonable out-of-pocket costs and expenses of the lender incurred in connection with the repayment or prepayment (including without limitation, any costs and expenses associated with a release of the lien of the mortgage as set forth in the loan documents and reasonable out-of-pocket attorneys’ fees and expenses). |
A-1-16
D. | “Yield Maintenance Premium” will mean an amount equal to the greater of (a) one percent (1%) of the Outstanding Principal Balance of the Loan to be prepaid or satisfied (the “Minimum Premium Amount”); provided that following the occurrence and during the continuance of an Event of Default, the Minimum Premium Amount will be equal to three percent (3%) of the Outstanding Principal Balance of the Loan to be prepaid or satisfied; and (b) the excess, if any, of (i) the sum of the present values of all then-scheduled payments of principal and interest under the note assuming that all scheduled payments are made timely and that the remaining outstanding principal and interest on the Loan is paid on the Stated Maturity Date (with each such payment and assumed payment discounted to its present value at the date of prepayment at the rate which, when compounded monthly, is equivalent to the Prepayment Rate when compounded semiannually and deducting from the sum of such present values any short-term interest paid from the date of prepayment to the next succeeding Payment Date in the event such payment is not made on a Payment Date), over (ii) the principal amount being prepaid or satisfied. |
E. | “Yield Maintenance Premium” will mean an amount equal to the greater of (i) one percent (1%) of any applicable prepayment, or (b) the present value as of the Prepayment Date of the Calculated Payments determined by discounting such payments at the Discount Rate. As used in this definition, (i) the term “Prepayment Date” means the date on which the applicable prepayment is made; (ii) the term “Calculated Payments” means the monthly payments of interest only which would be due from the Prepayment Date through August 6, 2029 based on the principal amount of the Loan being prepaid on the Prepayment Date and assuming an interest rate per annum in the amount, if any, by which the Interest Rate exceeds the Yield Maintenance Treasury Rate; (iii) the term “Discount Rate” means the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually; and (iv) the yield calculated by the lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer and one shorter) most nearly approximating August 6, 2029. (In the event Release H.15 is no longer published, the lender will select a comparable publication to determine the Yield Maintenance Treasury Rate.) The calculation of the Yield Maintenance Premium will be made by the lender and will, absent manifest error, be final, conclusive and binding upon the parties. |
F. | “Prepayment Fee” will mean an amount equal to the greater of (i) the Yield Maintenance Amount, or (ii) (A) during the continuation of an Event of Default, five percent (5%) of the unpaid principal balance of the Note as of the Prepayment Date or (B) otherwise, one percent (1%) of the unpaid principal balance of the note as of the Prepayment Date. “Yield Maintenance Amount” will mean the present value, as of the Prepayment Date, of the remaining scheduled payments of principal and interest from the Prepayment Date through the Open Prepayment Date (including any balloon payment) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid. “Discount Rate” will mean the rate which, when compounded monthly, is equivalent to the Treasury Rate when compounded semi-annually. “Treasury Rate” will mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Stated Maturity Date. (In the event Release H.15 is no longer published, the lender will select a comparable publication to determine the Treasury Rate.) |
G. | “Yield Maintenance Premium” will mean an amount equal to the greater of (x) one percent (1%) of the principal amount of this note being prepaid or (y) the present value as of the Prepayment Date (defined below) of the Calculated Payments (defined below) from the Prepayment Date through the Maturity Date determined by discounting such payments at the Discount Rate (defined below). As used in this definition, the term “Prepayment Date” will mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” will mean the monthly payments of interest only which would be due based on the principal amount of this note being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (1) the Applicable Interest Rate and (2) the Yield Maintenance Treasury Rate (defined below). As used in this definition, the term “Discount Rate” will mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” will mean the yield calculated by the lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15- Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Maturity Date. In the event Release H.15 is no longer published, the lender will select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, will the lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. |
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