FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-258342-04 | ||
Free Writing Prospectus dated [ ], 2024
The depositor has filed a registration statement (including a prospectus) with the SEC (SEC File No. 333-258342) for the offering to which this free writing prospectus relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling (800) 408-1016 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.
The information in this file (the “File”) is an electronic copy of the information set forth in the Annex titled "Certain Characteristics of the Mortgage Loans and Mortgaged Properties" to the prospectus. This File does not contain all information that is required to be included in the prospectus. This File should be reviewed only in conjunction with the entire prospectus. Prospective investors are advised to read carefully, and should rely on, the prospectus relating to the certificates referred to herein in making their investment decision.
The information in this File may be amended and/or supplemented prior to the time of sale. The information in this File supersedes any contrary information contained in any prior File relating to the certificates and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.
Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the prospectus. The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value.
Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, the email communication to which this material may have been attached are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another email system.
BANK5 Trust 2024-5YR6: Premarketing Annex A-1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | % of Initial Pool Balance | % of Loan Balance | Mortgage Loan Originator | Mortgage Loan Seller | Related Group | Crossed Group | Address | City | County | State | Zip Code | General Property Type | Detailed Property Type | Year Built | Year Renovated | Number of Units | Unit of Measure | Loan Per Unit ($) | Original Balance ($) | Cut-off Date Balance ($) | Maturity/ARD Balance ($) | Interest Rate % | Administrative Fee Rate % | Net Mortgage Rate % | Monthly Debt Service (P&I) ($) | Monthly Debt Service (IO) ($) | Annual Debt Service (P&I) ($) | Annual Debt Service (IO) ($) | Amortization Type | ARD Loan (Yes / No) | Interest Accrual Method | Original Interest-Only Period (Mos.) | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) | Remaining Amortization Term (Mos.) | Origination Date | Seasoning (Mos.) | Payment Due Date | First Payment Date | First P&I Payment Date | Maturity Date or Anticipated Repayment Date | Final Maturity Date | Grace Period - Late Fee (Days) | Grace Period - Default (Days) | Prepayment Provision | Most Recent EGI ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent NOI Date | Most Recent Description | Second Most Recent EGI ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent NOI Date | Second Most Recent Description | Third Most Recent EGI ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent NOI Date | Third Most Recent Description | Underwritten Economic Occupancy (%) | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NOI DSCR (x) | Underwritten NCF DSCR (x) | Underwritten NOI Debt Yield (%) | Underwritten NCF Debt Yield (%) | Appraised Value ($) | Appraised Value Type | Appraisal Date | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) | Leased Occupancy (%) | Occupancy Date | Single Tenant (Y/N) | Largest Tenant | Largest Tenant SF | Largest Tenant % of NRA | Largest Tenant Lease Expiration Date | Second Largest Tenant | Second Largest Tenant SF | Second Largest Tenant % of NRA | Second Largest Tenant Lease Expiration Date | Third Largest Tenant | Third Largest Tenant SF | Third Largest Tenant % of NRA | Third Largest Tenant Lease Expiration Date | Fourth Largest Tenant | Fourth Largest Tenant SF | Fourth Largest Tenant % of NRA | Fourth Largest Tenant Lease Expiration Date | Fifth Largest Tenant | Fifth Largest Tenant SF | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Lease Expiration Date | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Flood Zone | Ownership Interest | Ground Lease Expiration Date | Ground Lease Extension Terms | Annual Ground Lease Payment as of the Cut-off Date ($) | Annual Ground Rent Increases (Y/N) | Upfront RE Tax Reserve ($) | Monthly RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Monthly Insurance Reserve ($) | Upfront Replacement / PIP Reserve ($) | Monthly Replacement / FF&E Reserve ($) | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Monthly Debt Service Reserve ($) | Debt Service Reserve Cap ($) | Upfront Deferred Maintenance Reserve ($) | Upfront Other Reserve ($) | Monthly Other Reserve ($) | Other Reserve Description | Other Reserve Cap ($) | Holdback/ Earnout Amount ($) | Holdback/ Earnout Description | Lockbox Type | Cash Management | Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | Tenant Specific Excess Cash Trap Trigger (Y/N) | Pari Passu (Y/N) | Pari Passu in Trust Controlling (Y/N) | Trust Pari Passu Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Subordinate Companion Loan Cut-off Date Balance ($) | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) | Whole Loan Underwritten NCF DSCR (x) | Whole Loan Underwritten NOI Debt Yield (%) | Mezzanine Debt Cut-off Date Balance($) | Mezzanine Debt Interest Rate (%) | Total Debt Cut-off Date Balance ($) | Total Debt Monthly Debt Service ($) | Total Debt Cut-off Date LTV Ratio (%) | Total Debt Underwritten NCF DSCR (x) | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) | Future Debt Permitted Type | Sponsor | Non-Recourse Carveout Guarantor | Delaware Statutory Trust (Y/N) | Tenants-in-common (Y/N) | Loan Purpose | Property Located Within a Qualified Opportunity Zone (Y/N) | Sources: Loan Amount ($) | Sources: Principal's New Cash Contribution ($) | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) | Uses: Loan Payoff ($) | Uses: Purchase Price ($) | Uses: Closing Costs ($) | Uses: Reserves ($) | Uses: Principal Equity Distribution ($) | Uses: Other Uses ($) | Uses: Total Uses ($) | Franchise Agreement Expiration | Underwritten ADR ($) | Underwritten RevPAR ($) | Underwritten Hotel Occupancy (%) | Most Recent ADR ($) | Most Recent RevPAR ($) | Most Recent Hotel Occupancy (%) | Second Most Recent ADR ($) | Second Most Recent RevPAR ($) | Second Most Recent Hotel Occupancy (%) | Third Most Recent ADR ($) | Third Most Recent RevPAR ($) | Third Most Recent Hotel Occupancy (%) | Coop - Committed Secondary Debt | Coop - Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Coop Units | Coop - Sponsor/Investor Carry |
1 | Loan | 1 | Kenwood Towne Centre | 7.1% | 100.0% | WFB | WFB | Group 1 | NAP | 7875 Montgomery Road | Cincinnati | Hamilton | OH | 45236 | Retail | Super Regional Mall | 1958 | 1988; 2003; 2009; 2019-2023 | 1,033,141 | SF | 251.66 | 70,000,000 | 70,000,000 | 70,000,000 | 6.27100% | NAP | 370,889.00 | NAP | 4,450,668.00 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 2/9/2024 | 2 | 1 | 4/1/2024 | NAP | 3/1/2029 | NAP | 0 | 0 | L(26),D(27),O(7) | 51,156,712 | 13,470,861 | 37,685,851 | 12/31/2023 | T-12 | 50,448,758 | 13,294,184 | 37,154,574 | 12/31/2022 | T-12 | 46,624,468 | 12,851,993 | 33,772,475 | 12/31/2021 | T-12 | 92.8% | 50,721,444 | 12,770,752 | 37,950,692 | 206,628 | 1,604,875 | 36,139,189 | 2.30 | 2.19 | 14.6% | 13.9% | 571,200,000 | As Is | 1/23/2024 | 45.5% | 45.5% | 95.2% | 12/31/2023 | No | Macy's | 262,829 | 25.4% | 9/10/2028 | Dillard's | 240,656 | 23.3% | 1/31/2029 | Arhaus Furniture | 16,925 | 1.6% | 1/31/2032 | Forever 21 | 16,638 | 1.6% | MTM | Pottery Barn | 15,913 | 1.5% | 1/31/2030 | 1/17/2024 | NAP | 1/16/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 516,571 | 0 | 129,143 | 3,099,423 | 0 | 0 | 0 | 0 | 3,966,953 | 0 | Existing TI/LC Reserve (Upfront: $3,732,395.48), Gap Rent Reserve (Upfront: $234,557.94) | 0 | 0 | NAP | Hard | Springing | Yes | Yes | Yes | Yes | 70,000,000 | 190,000,000 | 1,006,698.73 | 1,377,587.73 | NAP | NAP | 260,000,000 | 1,377,587.73 | 45.5% | 2.19 | 14.6% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Brookfield Properties Retail Holding LLC and Teachers' Retirement System of the State of Illinois | GGP-TRS L.L.C. | No | No | Refinance | 260,000,000 | 0 | 0 | 0 | 260,000,000 | 211,601,763 | 0 | 3,205,539 | 3,966,953 | 41,225,745 | 0 | 260,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
2 | Loan | 4 | Kleban Retail Portfolio | 7.1% | MSBNA | MSMCH | NAP | NAP | Various | Various | Various | Various | Various | Retail | Various | Various | NAP | 538,646 | SF | 129.58 | 69,800,000 | 69,800,000 | 69,800,000 | 7.09000% | NAP | 418,129.47 | NAP | 5,017,553.64 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 4/3/2024 | 0 | 1 | 6/1/2024 | NAP | 5/1/2029 | NAP | 0 | 0 | L(24),D(29),O(7) | 7,962,318 | 1,182,241 | 6,780,077 | 12/31/2023 | T-12 | 8,078,823 | 1,156,161 | 6,922,662 | 12/31/2022 | T-12 | 7,830,380 | 1,105,164 | 6,725,216 | 12/31/2021 | T-12 | 95.9% | 7,812,423 | 974,214 | 6,838,209 | 80,797 | 232,039 | 6,525,373 | 1.36 | 1.30 | 9.8% | 9.3% | 106,450,000 | As Is | Various | 65.6% | 65.6% | 100.0% | Various | 199,696 | 33,283 | 173,787 | 14,482 | 0 | 4,552 | 54,619 | 0 | 7,586 | 182,062 | 0 | 0 | 0 | 87,681 | 0 | 0 | NAP | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Kenneth Kleban, Kleban Properties, LLC | Kenneth Kleban | No | Yes | Refinance | 69,800,000 | 1,720,977 | 0 | 0 | 71,520,977 | 69,716,808 | 0 | 1,343,004 | 461,164 | 0 | 0 | 71,520,977 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||
2.01 | Property | 1 | Home Depot - Kenner | 3.5% | 49.9% | 2625 Veterans Memorial Boulevard | Kenner | Jefferson | LA | 70062 | Retail | Single Tenant | 2013 | NAP | 174,522 | SF | 34,851,415 | 34,851,415 | 34,851,415 | 3,500,000 | 156,251 | 3,343,749 | 12/31/2023 | T-12 | 3,500,000 | 163,653 | 3,336,347 | 12/31/2022 | T-12 | 3,500,000 | 153,011 | 3,346,989 | 12/31/2021 | T-12 | 97.0% | 3,395,000 | 125,442 | 3,269,558 | 26,178 | 0 | 3,243,380 | 53,800,000 | As Is | 3/27/2024 | 100.0% | 5/1/2024 | Yes | Home Depot | 174,522 | 100.0% | 5/31/2032 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 9/29/2023 | NAP | 9/29/2023 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2.02 | Property | 1 | Altamira Shopping Village | 2.1% | 29.0% | 1800-1820 Dunlawton Avenue | Port Orange | Volusia | FL | 32127 | Retail | Anchored | 2012; 2013; 2015 | NAP | 149,480 | SF | 20,211,230 | 20,211,230 | 20,211,230 | 2,894,692 | 817,258 | 2,077,434 | 12/31/2023 | T-12 | 2,984,366 | 745,778 | 2,238,588 | 12/31/2022 | T-12 | 2,770,505 | 757,875 | 2,012,630 | 12/31/2021 | T-12 | 95.0% | 2,955,424 | 789,715 | 2,165,709 | 22,422 | 164,761 | 1,978,526 | 30,200,000 | As Is | 4/1/2024 | 100.0% | 1/1/2024 | No | BJ's | 86,280 | 57.7% | 10/31/2033 | LA Fitness | 45,000 | 30.1% | 4/30/2030 | Red Bowl | 3,400 | 2.3% | 1/31/2025 | Aspen Dental | 3,200 | 2.1% | 12/31/2027 | Moe's Southwest Grill | 2,625 | 1.8% | 10/31/2028 | 9/29/2023 | NAP | 9/29/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2.03 | Property | 1 | Walmart - Mobile | 1.0% | 14.6% | 685 Schillinger Road South | Mobile | Mobile | AL | 36695 | Retail | Single Tenant | 1997 | NAP | 200,084 | SF | 10,170,394 | 10,170,394 | 10,170,394 | 1,091,626 | 184,931 | 906,695 | 12/31/2023 | T-12 | 1,118,457 | 221,114 | 897,343 | 12/31/2022 | T-12 | 1,083,875 | 170,479 | 913,396 | 12/31/2021 | T-12 | 95.0% | 1,009,799 | 45,491 | 964,308 | 30,013 | 46,530 | 887,765 | 15,700,000 | As Is | 3/26/2024 | 100.0% | 5/1/2024 | Yes | Walmart | 200,084 | 100.0% | 7/31/2028 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 9/29/2023 | NAP | 9/29/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2.04 | Property | 1 | Walgreens - Garden City | 0.5% | 6.5% | 31415 Ford Road | Garden City | Wayne | MI | 48135 | Retail | Single Tenant | 2004 | NAP | 14,560 | SF | 4,566,961 | 4,566,961 | 4,566,961 | 476,000 | 23,800 | 452,200 | 12/31/2023 | T-12 | 476,000 | 25,616 | 450,384 | 12/31/2022 | T-12 | 476,000 | 23,800 | 452,200 | 12/31/2021 | T-12 | 95.0% | 452,200 | 13,566 | 438,634 | 2,184 | 20,748 | 415,702 | 6,750,000 | As Is | 3/25/2024 | 100.0% | 5/1/2024 | Yes | Walgreens | 14,560 | 100.0% | 6/30/2029 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 9/29/2023 | NAP | 9/29/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3 | Loan | 1 | Western Digital Milpitas Campus | 6.4% | 100.0% | JPMCB | JPMCB | NAP | NAP | 901, 951, 1001, 1051, and 1101 Sandisk Drive | Milpitas | Santa Clara | CA | 95035 | Mixed Use | R&D/Office | 1991-1995 | 2012 | 577,956 | SF | 218.01 | 63,000,000 | 63,000,000 | 63,000,000 | 6.84400% | NAP | 364,300.42 | NAP | 4,371,605.04 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 2/9/2024 | 3 | 11 | 3/11/2024 | NAP | 2/11/2029 | NAP | 0 | 0 | L(12),YM1(14),DorYM1(27),O(7) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 19,594,476 | 4,495,012 | 15,099,464 | 57,796 | 809,839 | 14,231,829 | 1.73 | 1.63 | 12.0% | 11.3% | 197,000,000 | As Is | 9/5/2023 | 64.0% | 64.0% | 100.0% | 5/11/2024 | Yes | Western Digital Technologies, Inc. | 577,956 | 100.0% | 1/1/2039 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 6/26/2023 | NAP | 6/26/2023 | 6/21/2023 | 14% | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Springing | Material Tenant Reserve | 0 | 0 | NAP | Hard | Springing | Yes | Yes | Yes | No | 63,000,000 | 63,000,000 | 364,300.41 | 728,600.83 | NAP | NAP | 126,000,000 | 728,600.83 | 64.0% | 1.63 | 12.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Blue Owl Capital, Inc. and Blue Owl Real Estate Capital, LLC | Blue Owl Real Estate Fund VI LP, Blue Owl Real Estate Fund VI (A) LP and Blue Owl Real Estate Fund VI (B) LP | No | No | Recapitalization | 126,000,000 | 70,581,281 | 0 | 0 | 196,581,281 | 0 | 0 | 4,131,281 | 0 | 0 | 192,450,000 | 196,581,281 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
4 | Loan | 1 | Jordan Creek Town Center | 6.2% | 100.0% | MSBNA/JPMCB | MSMCH/JPMCB | Group 1 | NAP | 101 Jordan Creek Parkway | West Des Moines | Dallas | IA | 50266 | Retail | Super Regional Mall | 2004 | NAP | 940,038 | SF | 180.84 | 61,000,000 | 61,000,000 | 61,000,000 | 7.02000% | NAP | 361,806.25 | NAP | 4,341,675.00 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 2/1/2024 | 3 | 1 | 3/1/2024 | NAP | 2/1/2029 | NAP | 0 | 0 | L(27),D(29),O(4) | 38,499,461 | 14,452,236 | 24,047,225 | 12/31/2023 | T-12 | 34,880,800 | 13,031,356 | 21,849,444 | 12/31/2022 | T-12 | 31,769,738 | 13,191,313 | 18,578,424 | 12/31/2021 | T-12 | 98.0% | 39,618,452 | 15,095,846 | 24,522,606 | 263,211 | 940,038 | 23,319,357 | 2.03 | 1.93 | 14.4% | 13.7% | 321,000,000 | As Is | 12/1/2023 | 53.0% | 53.0% | 97.1% | 12/31/2023 | No | Von Maur | 152,000 | 16.2% | 1/31/2043 | Scheels | 122,025 | 13.0% | 7/31/2029 | Century Theatres | 69,914 | 7.4% | 8/31/2029 | Barnes & Noble Bookseller | 29,969 | 3.2% | 1/31/2025 | H&M | 22,608 | 2.4% | 1/31/2032 | 12/1/2023 | NAP | 12/1/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 470,019 | 0 | Springing | 1,880,076 | 0 | 0 | 0 | 0 | 5,000,000 | Springing | General Reserve ($5,000,000); Gap Rent Reserve ($0); Anchor Tenant Reserve (Springing) | 0 | 0 | NAP | Hard | Springing | Yes | No | Yes | Yes | 61,000,000 | 109,000,000 | 646,506.25 | 1,008,312.50 | NAP | NAP | 170,000,000 | 1,008,312.50 | 53.0% | 1.93 | 14.4% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Brookfield Properties Retail Holding LLC | BPR Nimbus LLC | No | No | Refinance | 170,000,000 | 8,657,092 | 0 | 0 | 178,657,092 | 173,058,858 | 0 | 598,234 | 5,000,000 | 0 | 0 | 178,657,092 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
5 | Loan | 1 | Galleria at Tyler | 6.1% | 100.0% | BANA | BANA | Group 1 | NAP | 1299 Galleria at Tyler | Riverside | Riverside | CA | 92503 | Retail | Super Regional Mall | 1970 | 1991; 2007 | 565,913 | SF | 265.06 | 60,000,000 | 60,000,000 | 60,000,000 | 7.91900% | NAP | 401,449.31 | NAP | 4,817,391.72 | Interest Only | No | Actual/360 | 60 | 56 | 60 | 56 | 0 | 0 | 12/13/2023 | 4 | 1 | 2/1/2024 | NAP | 1/1/2029 | NAP | 0 | 0 | L(28),D(25),O(7) | 35,273,885 | 11,275,921 | 23,997,964 | 11/30/2023 | T-12 | 35,459,583 | 11,035,894 | 24,423,689 | 12/31/2022 | T-12 | 30,204,741 | 10,695,470 | 19,509,271 | 12/31/2021 | T-12 | 87.9% | 36,420,340 | 11,434,747 | 24,985,593 | 209,388 | 1,131,826 | 23,644,379 | 2.07 | 1.96 | 16.7% | 15.8% | 300,000,000 | As Is | 10/12/2023 | 50.0% | 50.0% | 90.3% | 12/18/2023 | No | AMC | 70,000 | 12.4% | 12/31/2028 | Barnes & Noble | 25,000 | 4.4% | 1/31/2029 | H&M | 20,799 | 3.7% | 1/31/2032 | Glo Mini Golf | 14,961 | 2.6% | 5/31/2028 | Old Navy | 14,504 | 2.6% | 6/30/2029 | 10/12/2023 | NAP | 10/12/2023 | 10/12/2023 | 14% | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 9,924,378 | 0 | General Reserve ($5,000,000); Outstanding Landlord Obligations ($4,687,691.09); Gap Rent Reserve ($236,687) | 0 | 0 | NAP | Hard | Springing | Yes | Yes | Yes | Yes | 60,000,000 | 90,000,000 | 602,173.95 | 1,003,623.26 | NAP | NAP | 150,000,000 | 1,003,623.26 | 50.0% | 1.96 | 16.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Brookfield Properties Retail Holding LLC and Teachers' Retirement System of the State of Illinois | GGP-TRS L.L.C. | No | No | Refinance | 150,000,000 | 13,330,744 | 0 | 0 | 163,330,744 | 152,794,561 | 0 | 611,806 | 9,924,378 | 0 | 0 | 163,330,744 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
6 | Loan | 1 | Aliz Hotel Times Square | 5.1% | 100.0% | JPMCB | JPMCB | NAP | NAP | 310 West 40th Street | New York | New York | NY | 10018 | Hospitality | Full Service | 2018 | NAP | 287 | Rooms | 173,867.60 | 49,900,000 | 49,900,000 | 49,900,000 | 6.81700% | NAP | 287,410.72 | NAP | 3,448,928.64 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 3/12/2024 | 1 | 1 | 5/1/2024 | NAP | 4/1/2029 | NAP | 0 | 0 | L(25),D(29),O(6) | 23,590,685 | 12,177,016 | 11,413,670 | 12/31/2023 | T-12 | 19,655,300 | 10,623,121 | 9,032,179 | 12/31/2022 | T-12 | 8,875,093 | 7,110,253 | 1,764,840 | 12/31/2021 | T-12 | 81.2% | 23,590,685 | 12,381,306 | 11,209,379 | 943,627 | 0 | 10,265,752 | 3.25 | 2.98 | 22.5% | 20.6% | 143,000,000 | As Is | 12/11/2023 | 34.9% | 34.9% | 81.2% | 12/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 12/18/2023 | NAP | 12/18/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 439,256 | 109,814 | 0 | Springing | 0 | 4% of the sum of (a) operating income plus (b) gross rents for the calendar month two months prior | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | NAP | Hard | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Helm Management, Inc. | Abraham Noy | No | No | Refinance | 49,900,000 | 0 | 0 | 0 | 49,900,000 | 44,546,160 | 0 | 1,492,528 | 439,256 | 3,422,056 | 0 | 49,900,000 | NAP | 241.23 | 195.81 | 81.2% | 241.23 | 195.81 | 81.2% | 224.83 | 160.05 | 71.2% | 139.04 | 67.42 | 48.5% | ||||||||||||
7 | Loan | 1 | Bethesda Marriott | 4.0% | 100.0% | MSBNA | MSMCH | NAP | NAP | 5151 Pooks Hill Road | Bethesda | Montgomery | MD | 20814 | Hospitality | Full Service | 1979 | 2015 | 407 | Rooms | 97,788.70 | 39,800,000 | 39,800,000 | 39,800,000 | 7.47200% | NAP | 251,263.30 | NAP | 3,015,159.60 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 1/24/2024 | 3 | 1 | 3/1/2024 | NAP | 2/1/2029 | NAP | 0 | 5 | L(27),D(26),O(7) | 22,089,012 | 16,329,630 | 5,759,382 | 12/31/2023 | T-12 | 18,059,841 | 14,263,818 | 3,796,024 | 12/31/2022 | T-12 | 7,664,551 | 9,151,041 | (1,486,490) | 12/31/2021 | T-12 | 55.6% | 22,089,012 | 16,456,040 | 5,632,972 | 1,104,451 | 0 | 4,528,521 | 1.87 | 1.50 | 14.2% | 11.4% | 78,000,000 | As Is | 12/1/2023 | 51.0% | 51.0% | 55.6% | 12/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 12/7/2023 | NAP | 12/7/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Springing | Future PIP Reserve (Springing); Common Charge Reserve (Springing) | 0 | 0 | NAP | Hard | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Mezzanine | John J. Mullen | John J. Mullen | No | No | Recapitalization | 39,800,000 | 0 | 0 | 0 | 39,800,000 | 0 | 0 | 3,117,199 | 0 | 36,682,801 | 0 | 39,800,000 | NAP | 163.98 | 91.16 | 55.6% | 163.98 | 91.16 | 55.6% | 146.73 | 71.51 | 48.7% | 112.87 | 34.30 | 30.4% | ||||||||||||
8 | Loan | 1 | The Vista | 3.9% | 100.0% | WFB | WFB | NAP | NAP | 900 West Monte Vista Avenue | Turlock | Stanislaus | CA | 95382 | Multifamily | Student Housing | 2017 | NAP | 670 | Beds | 57,462.69 | 38,500,000 | 38,500,000 | 38,500,000 | 6.57900% | NAP | 214,007.86 | NAP | 2,568,094.32 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 4/1/2024 | 1 | 11 | 5/11/2024 | NAP | 4/11/2029 | NAP | 0 | 0 | L(24),YM1(32),O(4) | 6,041,221 | 2,456,746 | 3,584,474 | 12/31/2023 | T-12 | 5,734,245 | 2,392,949 | 3,341,296 | 12/31/2022 | T-12 | 4,873,291 | 2,245,209 | 2,628,082 | 12/31/2021 | T-12 | 86.6% | 6,144,545 | 2,504,654 | 3,639,891 | 92,369 | 0 | 3,547,522 | 1.42 | 1.38 | 9.5% | 9.2% | 59,500,000 | As Is | 1/31/2024 | 64.7% | 64.7% | 88.1% | 3/20/2024 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 1/30/2024 | NAP | 1/29/2024 | 1/30/2024 | 6% | No | Fee | NAP | NAP | NAP | NAP | 42,281 | 42,281 | 0 | Springing | 0 | 7,697 | 0 | 0 | 0 | 0 | 291,500 | 41,700 | 500,000 | 0 | 0 | 0 | NAP | 0 | 0 | NAP | Soft | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Percival Vaz and Luxmi Vaz | AMCAL Multi-Housing Inc. | No | No | Refinance | 38,500,000 | 2,731,046 | 0 | 0 | 41,231,046 | 38,831,704 | 0 | 2,065,561 | 333,781 | 0 | 0 | 41,231,046 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
9 | Loan | 1 | Respara | 3.7% | 100.0% | WFB | WFB | NAP | NAP | 11610 Dunstan Way | Los Angeles | Los Angeles | CA | 90049 | Multifamily | Mid Rise | 2022 | NAP | 54 | Units | 1,138,888.89 | 36,500,000 | 36,500,000 | 36,500,000 | 6.30000% | NAP | 194,286.46 | NAP | 2,331,437.52 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 2/6/2024 | 3 | 11 | 3/11/2024 | NAP | 2/11/2029 | NAP | 0 | 0 | L(26),DorYM1(27),O(7) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 94.9% | 6,722,232 | 1,803,306 | 4,918,926 | 13,500 | 0 | 4,905,426 | 1.25 | 1.25 | 8.0% | 8.0% | 93,000,000 | As Is | 1/5/2024 | 66.1% | 66.1% | 96.3% | 2/1/2024 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 1/10/2024 | NAP | 1/11/2024 | 1/11/2024 | 9% | No | Fee | NAP | NAP | NAP | NAP | 55,544 | 55,544 | 0 | Springing | 0 | 1,125 | 40,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | NAP | Springing | Springing | No | No | Yes | Yes | 36,500,000 | 25,000,000 | 133,072.92 | 327,359.38 | NAP | NAP | 61,500,000 | 327,359.38 | 66.1% | 1.25 | 8.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Christopher M. Liebes and Hugh H. Evans, III | Christopher M. Liebes and Hugh H. Evans, III | No | No | Refinance | 61,500,000 | 0 | 0 | 0 | 61,500,000 | 54,463,006 | 0 | 1,174,578 | 55,544 | 5,806,872 | 0 | 61,500,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
10 | Loan | 1 | Highland Village | 3.6% | 100.0% | BANA | BANA | NAP | NAP | 4500 Interstate 55 North | Jackson | Hinds | MS | 39211 | Mixed Use | Retail/Office | 1983 | 2019 | 214,977 | SF | 162.81 | 35,000,000 | 35,000,000 | 35,000,000 | 6.79500% | NAP | 200,940.10 | NAP | 2,411,281.20 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 4/1/2024 | 1 | 1 | 5/1/2024 | NAP | 4/1/2029 | NAP | 5 | 5 | L(25),DorYM1(31),O(4) | 5,882,028 | 2,721,619 | 3,160,409 | 12/31/2023 | T-12 | 5,826,104 | 2,682,908 | 3,143,196 | 12/31/2022 | T-12 | 4,726,913 | 2,399,942 | 2,326,971 | 12/31/2021 | T-12 | 89.0% | 6,675,758 | 2,774,569 | 3,901,189 | 32,247 | 137,645 | 3,731,297 | 1.62 | 1.55 | 11.1% | 10.7% | 56,300,000 | As Is | 3/8/2024 | 62.2% | 62.2% | 88.8% | 3/23/2024 | No | Whole Foods Market | 30,050 | 14.0% | 2/28/2034 | Maison Weiss | 11,710 | 5.4% | 7/31/2026 | Buffalo Peak Outfitters | 11,000 | 5.1% | 10,085 SF (4/30/2028); 915 SF (MTM) | Char | 9,407 | 4.4% | 9,317 SF (4/30/2027); 90 SF (MTM) | Sur La Table | 5,752 | 2.7% | 3/31/2031 | 3/6/2024 | NAP | 2/22/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 112,725 | 37,575 | 0 | Springing | 0 | 2,687 | 100,000 | 500,000 | Springing | 500,000 | 0 | 0 | 0 | 0 | 2,004,140 | 0 | Outstanding Landlord Obligations | 0 | 0 | NAP | Hard | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | WS Development | SDM Holdings LLC | No | No | Refinance | 35,000,000 | 0 | 0 | 0 | 35,000,000 | 29,235,798 | 0 | 1,072,293 | 2,616,865 | 2,075,044 | 0 | 35,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
11 | Loan | 1 | Hampton Inn & Suites National Harbor | 3.5% | 100.0% | JPMCB | JPMCB | NAP | NAP | 250 Waterfront Street | Oxon Hill | Prince George's | MD | 20745 | Hospitality | Limited Service | 2008 | 2018-2019 | 154 | Rooms | 222,727.27 | 34,300,000 | 34,300,000 | 34,300,000 | 7.83100% | NAP | 226,944.92 | NAP | 2,723,339.04 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 3/8/2024 | 1 | 1 | 5/1/2024 | NAP | 4/1/2029 | NAP | 0 | 0 | L(25),YM1(30),O(5) | 10,128,161 | 5,554,298 | 4,573,863 | 1/31/2024 | T-12 | 10,040,638 | 5,491,293 | 4,549,345 | 12/31/2023 | T-12 | 7,857,258 | 4,725,581 | 3,131,676 | 12/31/2022 | T-12 | 78.9% | 10,128,161 | 5,424,375 | 4,703,785 | 405,126 | 0 | 4,298,659 | 1.73 | 1.58 | 13.7% | 12.5% | 49,000,000 | As If PIP Escrowed | 12/19/2023 | 70.0% | 70.0% | 78.9% | 1/31/2024 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/7/2024 | NAP | 3/7/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 10,000 | 45,299 | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,800,000 | 0 | PIP Reserve | 0 | 0 | NAP | Hard | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | SAK Developers | Waheed Ashiq | No | No | Acquisition | 34,300,000 | 15,614,710 | 0 | 0 | 49,914,710 | 0 | 47,000,000 | 1,104,710 | 1,810,000 | 0 | 0 | 49,914,710 | 3/31/2039 | 224.78 | 177.34 | 78.9% | 224.78 | 177.34 | 78.9% | 222.57 | 175.72 | 79.0% | 217.31 | 137.32 | 63.2% | ||||||||||||
12 | Loan | 2 | Victory Louisiana Real Estate Portfolio | 3.5% | MSBNA | MSMCH | NAP | NAP | Various | Metairie | Jefferson | LA | Various | Retail | Anchored | Various | Various | 291,589 | SF | 116.60 | 34,000,000 | 34,000,000 | 34,000,000 | 7.19500% | NAP | 206,689.70 | NAP | 2,480,276.40 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 2/16/2024 | 2 | 1 | 4/1/2024 | NAP | 3/1/2029 | NAP | 0 | 5 | L(23),YM1(33),O(4) | 6,237,884 | 1,883,683 | 4,354,201 | 12/31/2023 | T-12 | 5,318,742 | 1,488,321 | 3,830,421 | 12/31/2022 | T-12 | 5,431,362 | 1,279,634 | 4,151,728 | 12/31/2021 | T-12 | 95.0% | 6,377,851 | 2,127,840 | 4,250,011 | 43,738 | 281,677 | 3,924,595 | 1.71 | 1.58 | 12.5% | 11.5% | 63,800,000 | As Is | 12/18/2023 | 53.3% | 53.3% | 100.0% | 1/23/2024 | 285,938 | 71,485 | 0 | Springing | 0 | 3,645 | 0 | 200,000 | 24,299 | 1,000,000 | 0 | 0 | 0 | 21,250 | 0 | 0 | NAP | 0 | 0 | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Victory Real Estate Investments, LLC | Victory Real Estate Investments, LLC | No | No | Refinance | 34,000,000 | 0 | 0 | 0 | 34,000,000 | 31,681,915 | 0 | 637,678 | 507,188 | 1,173,219 | 0 | 34,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||
12.01 | Property | 1 | Westgate Shopping Center | 2.2% | 64.7% | 8835-8855 Veterans Memorial Boulevard | Metairie | Jefferson | LA | 70003 | Retail | Anchored | 1986 | 2013 | 208,580 | SF | 22,000,000 | 22,000,000 | 22,000,000 | 4,170,366 | 1,286,006 | 2,884,359 | 12/31/2023 | T-12 | 3,457,097 | 1,001,294 | 2,455,803 | 12/31/2022 | T-12 | 3,612,837 | 872,180 | 2,740,657 | 12/31/2021 | T-12 | 95.0% | 4,295,205 | 1,456,634 | 2,838,571 | 31,287 | 195,448 | 2,611,836 | 44,400,000 | As Is | 12/18/2023 | 100.0% | 1/23/2024 | No | Academy Sports | 77,386 | 37.1% | 1/31/2028 | Marshalls | 29,070 | 13.9% | 5/31/2028 | Michaels | 27,200 | 13.0% | 10/31/2032 | Aldi | 26,821 | 12.9% | 9/30/2032 | Scandinavia Furniture | 10,300 | 4.9% | 10/31/2028 | 12/28/2023 | NAP | 12/28/2023 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
12.02 | Property | 1 | Airline Shopping Center | 1.2% | 35.3% | 2701 Airline Drive | Metairie | Jefferson | LA | 70001 | Retail | Anchored | 2001 | NAP | 83,009 | SF | 12,000,000 | 12,000,000 | 12,000,000 | 2,067,518 | 597,676 | 1,469,842 | 12/31/2023 | T-12 | 1,861,645 | 487,027 | 1,374,618 | 12/31/2022 | T-12 | 1,818,525 | 407,454 | 1,411,071 | 12/31/2021 | T-12 | 95.0% | 2,082,646 | 671,206 | 1,411,440 | 12,451 | 86,229 | 1,312,760 | 19,400,000 | As Is | 12/18/2023 | 100.0% | 1/23/2024 | No | Rouses Market | 52,655 | 63.4% | 11/30/2025 | Goodyear | 5,899 | 7.1% | 5/31/2024 | McAlisters Deli | 3,840 | 4.6% | 5/31/2028 | Friends Hair Salon | 1,465 | 1.8% | 7/31/2024 | Unagi and Sushi Japanese Restaurant | 1,456 | 1.8% | 11/30/2031 | 12/28/2023 | NAP | 12/28/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
13 | Loan | 1 | Wilshire Colonnade | 3.4% | 100.0% | WFB | WFB | NAP | NAP | 3701 and 3731 Wilshire Boulevard | Los Angeles | Los Angeles | CA | 90010 | Office | CBD | 1968 | NAP | 369,454 | SF | 90.67 | 33,500,000 | 33,500,000 | 33,500,000 | 7.36800% | NAP | 208,546.81 | NAP | 2,502,561.72 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 4/3/2024 | 1 | 11 | 5/11/2024 | NAP | 4/11/2029 | NAP | 0 | 0 | L(24),D(32),O(4) | 9,852,041 | 5,445,040 | 4,407,001 | 12/31/2023 | T-12 | 10,292,792 | 5,276,584 | 5,016,208 | 12/31/2022 | T-12 | 10,562,855 | 5,161,150 | 5,401,705 | 12/31/2021 | T-12 | 78.4% | 9,669,775 | 5,434,202 | 4,235,573 | 73,891 | 404,181 | 3,757,501 | 1.69 | 1.50 | 12.6% | 11.2% | 61,000,000 | As Is | 11/16/2023 | 54.9% | 54.9% | 78.2% | 3/18/2024 | No | PCB Bank | 53,032 | 14.4% | 9/30/2033 | Bank of Hope | 36,920 | 10.0% | 4/30/2027 | The Korea Times Los Angeles | 11,646 | 3.2% | 6/30/2027 | Shawn Matian | 11,635 | 3.1% | 4/30/2025 | HUB Insurance Services Inc | 8,275 | 2.2% | 6/30/2031 | 12/11/2023 | NAP | 11/30/2023 | 1/17/2024 | 19% | No | Fee | NAP | NAP | NAP | NAP | 38,923 | 38,923 | 0 | Springing | 0 | 6,158 | 0 | 1,500,000 | 46,182 | 2,500,000 | 0 | 0 | 0 | 0 | 910,690 | 0 | Rent Concession Reserve ($573,665); Existing TI/LC Reserve ($337,025) | 0 | 0 | NAP | Hard | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Tai Sing Lam | Tai Sing Lam | No | No | Refinance | Yes | 33,500,000 | 19,289,266 | 0 | 0 | 52,789,266 | 49,410,501 | 0 | 929,153 | 2,449,613 | 0 | 0 | 52,789,266 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||
14 | Loan | 1 | Drexel Terraces | 3.1% | 100.0% | MSBNA | MSMCH | NAP | NAP | 4830 South Drexel Boulevard | Chicago | Cook | IL | 60615 | Multifamily | Garden | 1902 | 2023 | 116 | Units | 267,241.38 | 31,000,000 | 31,000,000 | 31,000,000 | 6.20000% | NAP | 162,391.20 | NAP | 1,948,694.40 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 2/29/2024 | 2 | 1 | 4/1/2024 | NAP | 3/1/2029 | NAP | 5 | 5 | L(26),D(29),O(5) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 3,214,629 | 673,075 | 2,541,554 | 29,000 | 0 | 2,512,554 | 1.30 | 1.29 | 8.2% | 8.1% | 50,200,000 | As Is | 1/30/2024 | 61.8% | 61.8% | 100.0% | 1/24/2024 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 2/8/2024 | NAP | 2/8/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 7,812 | 7,812 | 86,912 | 10,864 | 0 | 1,933 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,500 | 0 | Kenwood Dispute Reserve | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Raphael Lowenstein and John Lowenstein | Raphael Lowenstein and John Lowenstein | No | No | Refinance | 31,000,000 | 0 | 0 | 0 | 31,000,000 | 21,282,633 | 0 | 2,010,276 | 107,224 | 7,599,867 | 0 | 31,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
15 | Loan | 1 | Staten Island Mall | 3.0% | 100.0% | WFB | WFB | Group 1 | NAP | 2655 Richmond Avenue | Staten Island | Richmond | NY | 10314 | Retail | Super Regional Mall | 1972 | 1993; 2018 | 995,900 | SF | 200.82 | 30,000,000 | 30,000,000 | 30,000,000 | 7.53400% | NAP | 190,965.97 | NAP | 2,291,591.64 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 1/18/2024 | 3 | 1 | 3/1/2024 | NAP | 2/1/2029 | NAP | 0 | 0 | L(27),D(26),O(7) | 62,702,116 | 26,119,900 | 36,582,216 | 10/31/2023 | T-12 | 64,758,020 | 31,478,198 | 33,279,822 | 12/31/2022 | T-12 | 56,053,376 | 32,087,459 | 23,965,918 | 12/31/2021 | T-12 | 87.5% | 63,861,272 | 30,795,311 | 33,065,961 | 199,180 | 995,900 | 31,870,881 | 2.16 | 2.09 | 16.5% | 15.9% | 467,000,000 | As Is | 8/22/2023 | 42.8% | 42.8% | 87.3% | 11/30/2023 | No | Primark | 73,647 | 7.4% | 6/30/2027 | AMC Theatres | 54,000 | 5.4% | 2/28/2034 | Hobby Lobby | 42,768 | 4.3% | 5/31/2033 | Dave & Buster's | 41,241 | 4.1% | 1/31/2033 | Lidl | 37,403 | 3.8% | 1/31/2039 | 9/5/2023 | NAP | 9/5/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 497,950 | 4,580,787 | Springing | 1,991,800 | 0 | 0 | 0 | 0 | 403,197 | Springing | Gap Rent Reserve (Upfront: 403,197), Anchor Tenant Reserve Funds (Monthly: Springing) | 0 | 0 | NAP | Hard | Springing | Yes | No | Yes | No | 30,000,000 | 170,000,000 | 1,082,140.51 | 1,273,106.48 | NAP | NAP | 200,000,000 | 1,273,106.48 | 42.8% | 2.09 | 16.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | BPR Nimbus LLC | BPR Nimbus LLC | No | No | Refinance | 200,000,000 | 11,179,744 | 0 | 0 | 211,179,744 | 204,429,707 | 0 | 1,766,053 | 4,983,984 | 0 | 0 | 211,179,744 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||
16 | Loan | 1 | Casa Cipriani | 3.0% | 100.0% | JPMCB | JPMCB | NAP | NAP | 10 South Street | New York | New York | NY | 10004 | Mixed Use | Hospitality/Event Space | 1909 | 2021 | 146,486 | SF | 702.19 | 30,000,000 | 29,959,334 | 28,550,463 | 7.27000% | 205,060.00 | NAP | 2,460,720.00 | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 60 | 58 | 360 | 358 | 2/23/2024 | 2 | 6 | 4/6/2024 | 4/6/2024 | 3/6/2029 | NAP | 0 | 0 | L(26),D(27),O(7) | 76,670,902 | 53,018,686 | 23,652,216 | 12/31/2023 | T-12 | 62,610,528 | 46,051,002 | 16,559,526 | 12/31/2022 | T-12 | 19,895,595 | 19,620,191 | 275,404 | 12/31/2021 | T-12 | 65.0% | 76,670,902 | 54,048,705 | 22,622,197 | 2,526,674 | 0 | 20,095,523 | 2.68 | 2.38 | 22.0% | 19.5% | 206,000,000 | As Is | 8/10/2023 | 49.9% | 47.6% | 65.0% | 12/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/24/2023 | NAP | 8/23/2023 | NAP | NAP | Yes - VE | Leasehold | 6/30/2061 | 5, 10-year extension options | 2,087,004 | Yes | 437,500 | 87,500 | 356,769 | 178,384 | 0 | 210,556 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 352,047 | 246,509 | Ground Rent Reserve (Upfront: $352,047; Monthly: $176,023.50), PIP Reserve (Monthly: Springing), Put Price Reserve (Monthly: $70,485.24) | 0 | 0 | NAP | Hard | Springing | Yes | No | Yes | No | 29,959,334 | 72,901,046 | 498,979.35 | 704,039.35 | NAP | NAP | 102,860,379 | 704,039.35 | 49.9% | 2.38 | 22.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Joseph Cayre, Giuseppe Cipriani, Henry Hay and Harlan Berger | Joseph Cayre, Giuseppe Cipriani, Henry Hay and Harlan Berger | No | No | Refinance | NAP | 1,365.46 | 887.57 | 65.0% | 1,365.46 | 887.57 | 65.0% | 1,379.90 | 796.65 | 57.7% | 1,684.05 | 483.95 | 28.7% | ||||||||||||||||||||||||
17 | Loan | 1 | Canyon Park West | 2.4% | 100.0% | WFB | WFB | NAP | NAP | 1939 Fillmore Street | Twin Falls | Twin Falls | ID | 83301 | Retail | Anchored | 2000-2022 | NAP | 152,327 | SF | 157.90 | 24,053,000 | 24,053,000 | 24,053,000 | 6.42600% | NAP | 130,592.76 | NAP | 1,567,113.12 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 3/28/2024 | 1 | 11 | 5/11/2024 | NAP | 4/11/2029 | NAP | 0 | 0 | L(24),D(32),O(4) | 2,705,178 | 693,352 | 2,011,826 | 12/31/2023 | T-12 | 2,645,174 | 709,356 | 1,935,818 | 12/31/2022 | T-12 | 2,686,299 | 748,101 | 1,938,198 | 12/31/2021 | T-12 | 95.0% | 2,946,367 | 723,152 | 2,223,216 | 30,465 | 114,245 | 2,078,506 | 1.42 | 1.33 | 9.2% | 8.6% | 35,900,000 | Market Value Hypothetical With Reserve | 2/13/2024 | 67.0% | 67.0% | 100.0% | 3/18/2024 | No | Dick's Sporting Goods, Inc. | 34,840 | 22.9% | 1/31/2026 | Ross Dress for Less | 24,994 | 16.4% | 1/31/2026 | Natural Grocers | 20,000 | 13.1% | 12/31/2033 | Ashley Furniture | 18,000 | 11.8% | 3/31/2038 | Old Navy, LLC | 12,520 | 8.2% | 5/31/2032 | 2/20/2024 | NAP | 2/22/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 87,564 | 21,891 | 0 | Springing | 0 | 2,539 | 91,396 | 100,000 | 25,388 | 342,735 | 0 | 0 | 0 | 0 | 195,487 | 0 | Rent Concession Reserve ($106,072); Existing TI/LC Reserve ($68,215); Ross Reserve ($11,200); Petco Reserve ($10,000) | 0 | 0 | NAP | Soft | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Patrick Wood and Joel Farkas | Patrick Wood and Joel Farkas | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
18 | Loan | 1 | 11755 Wilshire | 1.9% | 100.0% | WFB | WFB | NAP | NAP | 11755 Wilshire Boulevard | Los Angeles | Los Angeles | CA | 90025 | Office | CBD | 1986 | 2023-2024 | 337,440 | SF | 207.44 | 18,500,000 | 18,500,000 | 18,500,000 | 7.02400% | NAP | 109,790.65 | NAP | 1,317,487.80 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 1/17/2024 | 3 | 11 | 3/11/2024 | NAP | 2/11/2029 | NAP | 0 | 0 | L(26),D(27),O(7) | 13,546,661 | 5,680,514 | 7,866,147 | 10/31/2023 | T-12 | 14,918,322 | 7,223,595 | 7,694,727 | 12/31/2022 | T-12 | 14,215,892 | 6,714,245 | 7,501,648 | 12/31/2021 | T-12 | 62.4% | 15,346,002 | 5,452,684 | 9,893,318 | 67,488 | 843,600 | 8,982,230 | 1.98 | 1.80 | 14.1% | 12.8% | 164,000,000 | As Is | 12/1/2023 | 42.7% | 42.7% | 62.9% | 1/9/2024 | No | Kinetic Content, LLC | 52,405 | 15.5% | 4/30/2026 | Oak View Group, LLC | 18,890 | 5.6% | 5/31/2027 | Semler Brossy Consulting Group LLC | 18,890 | 5.6% | 4/30/2031 | Intrepid Investment Bankers, LLC | 18,461 | 5.5% | 6/30/2026 | IBISWorld, Inc | 17,960 | 5.3% | 5/31/2032 | 12/8/2023 | NAP | 12/8/2023 | 12/8/2023 | 17% | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 5,624 | 67,488 | 3,000,000 | 70,300 | 0 | 0 | 0 | 0 | 0 | 1,108,135 | 0 | Rent Concession Reserve ($777,560); Existing TI/LC Reserve ($330,575) | 0 | 0 | NAP | Hard | In Place | Yes | No | Yes | No | 18,500,000 | 51,500,000 | 305,633.42 | 415,424.07 | NAP | NAP | 70,000,000 | 415,424.07 | 42.7% | 1.80 | 14.1% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | California State Teachers’ Retirement System | NAP | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
19 | Loan | 1 | Delray Corner | 1.9% | 100.0% | MSBNA | MSMCH | NAP | NAP | 4970 West Atlantic Avenue and 14802 South Military Trail | Delray Beach | Palm Beach | FL | 33484 | Retail | Anchored | 1981 | 2006 | 85,916 | SF | 215.33 | 18,500,000 | 18,500,000 | 18,500,000 | 7.19400% | NAP | 112,447.88 | NAP | 1,349,374.56 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 1/23/2024 | 3 | 1 | 3/1/2024 | NAP | 2/1/2029 | NAP | 0 | 5 | L(27),D(28),O(5) | 1,876,013 | 831,107 | 1,044,906 | 9/30/2023 | T-12 | 1,913,860 | 758,503 | 1,155,357 | 12/31/2022 | T-12 | 1,918,143 | 701,447 | 1,216,696 | 12/31/2021 | T-12 | 95.5% | 2,872,588 | 914,256 | 1,958,332 | 35,722 | 101,602 | 1,821,007 | 1.45 | 1.35 | 10.6% | 9.8% | 27,400,000 | As Is | 11/29/2023 | 67.5% | 67.5% | 97.7% | 10/31/2023 | No | Michaels | 25,645 | 29.8% | 2/28/2034 | CVS Pharmacy | 13,013 | 15.1% | 1/31/2044 | Conviva Care Center | 10,000 | 11.6% | 2/28/2031 | Hacienda Mexican Restaurant & Bar | 6,050 | 7.0% | 10/31/2026 | Taso's Greek Taverna | 3,200 | 3.7% | 5/31/2027 | 12/11/2023 | NAP | 12/11/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 135,867 | 33,967 | 0 | Springing | 80,000 | 2,977 | 0 | 0 | 6,075 | 0 | 0 | 0 | 0 | 0 | 2,256,655 | 0 | Outstanding Leasing Fund Reserve ($1,287,577); Free Rent Reserve ($235,766); Gap Rent Reserve ($133,312); Environmental Reserve ($600,000) | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Sylvia Kanoff and Michael Kanoff | Sylvia Kanoff and Michael Kanoff | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
20 | Loan | 1 | 1575 Jersey Ave | 1.7% | 100.0% | MSBNA | MSMCH | NAP | NAP | 1575 Jersey Avenue | North Brunswick | Middlesex | NJ | 08902 | Industrial | Warehouse | 1970 | 2017 | 129,129 | SF | 131.65 | 17,000,000 | 17,000,000 | 17,000,000 | 6.80000% | NAP | 97,671.30 | NAP | 1,172,055.60 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 3/8/2024 | 1 | 1 | 5/1/2024 | NAP | 4/1/2029 | NAP | 5 | 5 | L(25),D(28),O(7) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.2% | 2,153,952 | 422,523 | 1,731,429 | 12,913 | 83,460 | 1,635,056 | 1.48 | 1.40 | 10.2% | 9.6% | 29,100,000 | As Is | 2/1/2024 | 58.4% | 58.4% | 92.9% | 1/1/2024 | No | ONUS Global Logistics LLC | 120,000 | 92.9% | 12/31/2028 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 2/16/2024 | NAP | 2/16/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 56,653 | 18,884 | 18,250 | 2,607 | 0 | 1,076 | 12,913 | 0 | 5,380 | 0 | 0 | 0 | 0 | 84,039 | 0 | 0 | NAP | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Victor Guindi, Henry Guindi and Fred Guindi | Victor Guindi, Henry Guindi and Fred Guindi | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
21 | Loan | 1 | Terrell Plaza | 1.7% | 100.0% | MSBNA | MSMCH | NAP | NAP | 1201 Austin Highway | San Antonio | Bexar | TX | 78209 | Retail | Anchored | 1965 | 2012 | 107,884 | SF | 153.87 | 16,600,000 | 16,600,000 | 16,600,000 | 6.95000% | NAP | 97,476.97 | NAP | 1,169,723.64 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 1/31/2024 | 3 | 1 | 3/1/2024 | NAP | 2/1/2029 | NAP | 0 | 5 | L(27),D(26),O(7) | 2,836,969 | 846,183 | 1,990,787 | 11/30/2023 | T-3 Annualized | 2,761,348 | 1,067,370 | 1,693,978 | 12/31/2022 | T-12 | 2,769,846 | 1,010,319 | 1,759,527 | 12/31/2021 | T-12 | 94.7% | 3,140,456 | 1,075,692 | 2,064,764 | 16,183 | 167,513 | 1,881,068 | 1.77 | 1.61 | 12.4% | 11.3% | 26,800,000 | As Is | 12/15/2023 | 61.9% | 61.9% | 95.8% | 12/15/2023 | No | Ross Dress for Less | 27,908 | 25.9% | 1/31/2029 | Five Below | 10,045 | 9.3% | 1/31/2030 | Dollar Tree | 10,025 | 9.3% | 8/31/2028 | Petco Animal Supplies | 9,837 | 9.1% | 1/31/2028 | PopShelf | 9,500 | 8.8% | 12/31/2032 | 1/5/2024 | NAP | 1/5/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 84,320 | 42,160 | 0 | Springing | 0 | 1,273 | 0 | 0 | 9,757 | 370,000 | 0 | 0 | 0 | 10,000 | 0 | 0 | NAP | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Property Commerce Dividend Fund, LP | Property Commerce Dividend Fund, LP, Stanley Jay Williams, Jr. and Kevin Robins | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
22 | Loan | 1 | Sherman Oaks First Plaza | 1.4% | 100.0% | WFB | WFB | NAP | NAP | 14423-14457 Ventura Boulevard | Sherman Oaks | Los Angeles | CA | 91423 | Retail | Unanchored | 1979 | 2019; 2022 | 62,483 | SF | 224.06 | 14,000,000 | 14,000,000 | 13,671,577 | 7.86900% | 101,451.42 | 93,080.07 | 1,217,417.04 | 1,116,960.84 | Interest Only, Amortizing Balloon | No | Actual/360 | 24 | 21 | 60 | 57 | 360 | 360 | 2/8/2024 | 3 | 11 | 3/11/2024 | 3/11/2026 | 2/11/2029 | NAP | 0 | 0 | L(26),D(27),O(7) | 2,234,200 | 652,840 | 1,581,360 | 12/31/2023 | T-12 | 2,229,277 | 641,527 | 1,587,750 | 12/31/2022 | T-12 | 2,222,428 | 543,192 | 1,679,236 | 12/31/2021 | T-12 | 86.4% | 2,415,953 | 645,126 | 1,770,827 | 12,771 | 6,242 | 1,751,814 | 1.45 | 1.44 | 12.6% | 12.5% | 30,000,000 | As Is | 9/26/2023 | 46.7% | 45.6% | 82.6% | 4/1/2024 | No | El Torito | 8,860 | 14.2% | 8/31/2029 | Gyu-Kaku Japanese BBQ | 3,813 | 6.1% | 5/31/2034 | Wireless Consulting Group | 2,800 | 4.5% | 10/31/2025 | Ava Music Center | 2,520 | 4.0% | 3/31/2025 | Salon Centric, Inc | 2,040 | 3.3% | 7/31/2026 | 10/18/2023 | NAP | 10/10/2023 | 10/11/2023 | 13% | No | Fee | NAP | NAP | NAP | NAP | 18,267 | 18,267 | 0 | Springing | 100,000 | Springing | 0 | 200,000 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Govind Vaghashia | Govind Vaghashia | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
23 | Loan | 1 | Tahoma Vista | 1.1% | 100.0% | MSBNA | MSMCH | NAP | NAP | 1410-1418 East 72nd Street | Tacoma | Pierce | WA | 98404 | Retail | Anchored | 1968 | NAP | 107,293 | SF | 102.99 | 11,050,000 | 11,050,000 | 11,050,000 | 7.45000% | NAP | 69,554.89 | NAP | 834,658.68 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 4/1/2024 | 1 | 1 | 5/1/2024 | NAP | 4/1/2029 | NAP | 0 | 5 | L(23),YM1(33),O(4) | 1,311,964 | 315,555 | 996,409 | 12/31/2023 | T-12 | 1,168,883 | 449,384 | 719,499 | 12/31/2022 | T-12 | 1,131,481 | 360,298 | 771,184 | 12/31/2021 | T-12 | 95.0% | 1,689,277 | 474,078 | 1,215,199 | 16,034 | 96,204 | 1,102,961 | 1.46 | 1.32 | 11.0% | 10.0% | 17,590,000 | As Is Assuming Extraordinary Assumption | 2/22/2024 | 62.8% | 62.8% | 100.0% | 3/20/2024 | No | Big Lots | 42,096 | 39.2% | 1/31/2029 | Urban Air Trampoline & Adventure Park | 42,088 | 39.2% | 4/30/2032 | Grocery Outlet | 22,709 | 21.2% | 5/31/2029 | BigFoot Java | 400 | 0.4% | 1/31/2032 | NAP | NAP | NAP | NAP | 3/5/2024 | NAP | 3/5/2024 | 3/5/2024 | 17% | No | Fee | NAP | NAP | NAP | NAP | 10,787 | 10,787 | 0 | Springing | 0 | 1,336 | 32,068 | 0 | 8,017 | 192,407 | 0 | 0 | 0 | 92,500 | 1,866,492 | 0 | Urban Air TI Allowance ($1,052,200), Urban Air Outstanding Leasing Commission ($63,132), Urban Air One-Year Rent Holdback ($751,160) | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Rhino Investments Group | Sanjiv Chopra | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
24 | Loan | 1 | Greenbox II Self Storage | 1.1% | 100.0% | WFB | WFB | NAP | NAP | 2424 Delgany Street | Denver | Denver | CO | 80216 | Self Storage | Self Storage | 1979 | 2013 | 100,551 | SF | 109.40 | 11,000,000 | 11,000,000 | 11,000,000 | 7.06900% | NAP | 65,699.16 | NAP | 788,389.92 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 2/28/2024 | 2 | 11 | 4/11/2024 | NAP | 3/11/2029 | NAP | 0 | 0 | L(25),D(31),O(4) | 1,770,121 | 614,091 | 1,156,029 | 12/31/2023 | T-12 | 1,792,617 | 564,687 | 1,227,930 | 12/31/2022 | T-12 | 1,698,957 | 598,781 | 1,100,175 | 12/31/2021 | T-12 | 84.3% | 1,770,120 | 702,617 | 1,067,503 | 21,981 | 0 | 1,045,522 | 1.35 | 1.33 | 9.7% | 9.5% | 20,100,000 | As Is | 1/11/2024 | 54.7% | 54.7% | 79.1% | 12/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 1/18/2024 | NAP | 2/9/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 314,149 | 28,559 | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | NAP | Soft | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Bahman Shafa | Bahman Shafa | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
25 | Loan | 1 | Ponder Place | 1.0% | 100.0% | MSBNA | MSMCH | NAP | NAP | 201 Lake Forest Road | Greenwood | Greenwood | SC | 29649 | Multifamily | Garden | 2022 | NAP | 82 | Units | 124,298.78 | 10,192,500 | 10,192,500 | 10,192,500 | 5.98500% | NAP | 51,541.14 | NAP | 618,493.68 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 2/29/2024 | 2 | 1 | 4/1/2024 | NAP | 3/1/2029 | NAP | 5 | 5 | L(26),D(30),O(4) | 1,269,791 | 415,375 | 854,416 | 12/31/2023 | T-3 Annualized | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 94.9% | 1,235,136 | 420,844 | 814,292 | 20,500 | 0 | 793,792 | 1.32 | 1.28 | 8.0% | 7.8% | 15,100,000 | As Is | 12/8/2023 | 67.5% | 67.5% | 97.6% | 2/13/2024 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 12/8/2023 | NAP | 12/8/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 29,685 | 9,895 | 7,120 | 3,560 | 0 | 1,708 | 20,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Mark Vakili | Mark Vakili and The Vakili Family Trust Dated August 2, 1999 | No | No | Acquisition | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
26 | Loan | 2 | Oklahoma Texas Hotel Portfolio | 1.0% | MSBNA | MSMCH | NAP | NAP | Various | Various | Various | Various | Various | Hospitality | Limited Service | Various | Various | 143 | Rooms | 69,930.07 | 10,000,000 | 10,000,000 | 9,725,184 | 7.16500% | 67,642.05 | 60,537.62 | 811,704.60 | 726,451.44 | Interest Only, Amortizing Balloon | No | Actual/360 | 24 | 23 | 60 | 59 | 360 | 360 | 3/20/2024 | 1 | 1 | 5/1/2024 | 5/1/2026 | 4/1/2029 | NAP | 0 | 0 | L(25),D(28),O(7) | 4,220,761 | 2,281,997 | 1,938,765 | 12/31/2023 | T-12 | 4,102,379 | 2,393,384 | 1,708,995 | 12/31/2022 | T-12 | 3,371,165 | 2,118,531 | 1,252,634 | 12/31/2021 | T-12 | 73.5% | 4,220,761 | 2,395,351 | 1,825,410 | 168,830 | 0 | 1,656,580 | 2.25 | 2.04 | 18.3% | 16.6% | 16,200,000 | As Is | Various | 61.7% | 60.0% | 73.5% | 12/31/2023 | 35,362 | 17,681 | 26,310 | 13,155 | 0 | 14,069 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27,000 | 484,125 | 0 | PIP Reserve - Hampton Inn ($259,625); Additional Flood Insurance Reserve: ($200,000); PIP Reserve - La Quinta ($24,500) | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Rohit B. Chaudhary | Rohit B. Chaudhary and Naresh Chaudhary | No | No | Refinance/Acquisition | Various | 110.05 | 80.87 | 73.5% | 110.05 | 80.87 | 73.5% | 103.90 | 78.60 | 75.6% | 88.38 | 64.59 | 73.1% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
26.01 | Property | 1 | La Quinta Inn Brownwood | 0.6% | 58.4% | 103 Market Place Boulevard | Brownwood | Brown | TX | 76801 | Hospitality | Limited Service | 2008 | 2021-2022 | 71 | Rooms | 5,838,500 | 5,838,500 | 5,678,049 | 2,653,157 | 1,269,445 | 1,383,713 | 12/31/2023 | T-12 | 2,469,688 | 1,495,651 | 974,037 | 12/31/2022 | T-12 | 1,966,099 | 1,063,308 | 902,791 | 12/31/2021 | T-12 | 82.1% | 2,653,157 | 1,297,838 | 1,355,319 | 106,126 | 0 | 1,249,193 | 9,400,000 | As Is | 1/18/2024 | 82.1% | 12/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 1/31/2024 | NAP | 1/31/2024 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | NAP | 5/20/2041 | 124.69 | 102.38 | 82.1% | 124.69 | 102.38 | 82.1% | 113.75 | 95.30 | 83.8% | 93.48 | 75.87 | 81.2% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
26.02 | Property | 1 | Hampton Inn Oklahoma City NE | 0.4% | 41.6% | 11820 North I-35 Service Road | Oklahoma City | Oklahoma | OK | 73131 | Hospitality | Limited Service | 2016 | NAP | 72 | Rooms | 4,161,500 | 4,161,500 | 4,047,135 | 1,567,604 | 1,012,552 | 555,052 | 12/31/2023 | T-12 | 1,632,691 | 897,733 | 734,958 | 12/31/2022 | T-12 | 1,405,066 | 1,055,223 | 349,843 | 12/31/2021 | T-12 | 65.0% | 1,567,604 | 1,097,513 | 470,091 | 62,704 | 0 | 407,387 | 6,800,000 | As Is | 1/17/2024 | 65.0% | 12/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 1/31/2024 | NAP | 1/31/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 3/31/2039 | 91.80 | 59.65 | 65.0% | 91.80 | 59.65 | 65.0% | 91.86 | 62.13 | 67.6% | 82.10 | 53.47 | 65.1% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
27 | Loan | 1 | Gateway Square Shopping Center | 1.0% | 100.0% | MSBNA | MSMCH | NAP | NAP | 4801-4889 Hopyard Road | Pleasanton | Alameda | CA | 94588 | Retail | Unanchored | 1989; 2004 | NAP | 87,328 | SF | 111.65 | 9,750,000 | 9,750,000 | 9,750,000 | 6.67500% | NAP | 54,987.63 | NAP | 659,851.56 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 2/27/2024 | 2 | 1 | 4/1/2024 | NAP | 3/1/2029 | NAP | 5 | 5 | L(26),YM1(27),O(7) | 2,767,139 | 902,475 | 1,864,664 | 12/31/2023 | T-12 | 2,533,144 | 778,190 | 1,754,953 | 12/31/2022 | T-12 | 2,393,197 | 774,495 | 1,618,702 | 12/31/2021 | T-12 | 89.2% | 2,974,986 | 907,985 | 2,067,001 | 17,466 | 174,656 | 1,874,879 | 3.13 | 2.84 | 21.2% | 19.2% | 32,300,000 | As Is | 1/11/2024 | 30.2% | 30.2% | 89.9% | 1/30/2024 | No | Chasing Chances | 10,230 | 11.7% | 11/30/2026 | Global Village Montessori Pre-School | 6,825 | 7.8% | 1/31/2027 | Chili's Grill & Bar | 6,000 | 6.9% | 6/11/2026 | The SSAM / SSAM Korean BBQ | 4,774 | 5.5% | 4/30/2035 | Beacon Veterinary Specialist | 4,000 | 4.6% | 7/31/2032 | 1/17/2024 | NAP | 1/17/2024 | 1/18/2024 | 15% | No | Fee | NAP | NAP | NAP | NAP | 14,300 | 14,300 | 0 | Springing | 0 | 1,455 | 52,397 | 0 | Springing | 261,984 | 0 | 0 | 0 | 24,180 | 92,645 | 0 | Mylapore South Indian Vegetarian Outstanding TI Reserve: ($64,925); Arbat Grocery Store Outstanding TI Reserve: ($17,720); SSAM Gap Rent Reserve: ($10,000) | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | FHS Associates | Mark F. Simens and Richard Alexander Freemon and Philip Gregory Freemon, each as Co-Trustee of Richard D. Freemon 1980 Inter-Vivos Trust u/t/a Dated July 30, 2010, as amended, al known as the Richard D. Freemon Trust, As Amended | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
28 | Loan | 1 | Elm Street Plaza | 1.0% | 100.0% | MSBNA | MSMCH | Group 2 | NAP | 1030-1040 Elm Street | Rocky Hill | Hartford | CT | 06067 | Retail | Anchored | 1998; 2009 | 2020 | 60,947 | SF | 155.87 | 9,500,000 | 9,500,000 | 9,500,000 | 7.14000% | NAP | 57,310.07 | NAP | 687,720.84 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 2/15/2024 | 2 | 1 | 4/1/2024 | NAP | 3/1/2029 | NAP | 5 | 5 | L(26),D(30),O(4) | 1,524,657 | 533,783 | 990,874 | 10/31/2023 | T-12 | 1,566,168 | 579,864 | 986,304 | 12/31/2022 | T-12 | 1,488,926 | 556,027 | 932,899 | 12/31/2021 | T-12 | 95.0% | 1,565,824 | 595,059 | 970,765 | 9,142 | 62,623 | 899,000 | 1.41 | 1.31 | 10.2% | 9.5% | 15,800,000 | As Is | 9/5/2023 | 60.1% | 60.1% | 100.0% | 11/1/2023 | No | Big Y | 56,936 | 93.4% | 4/30/2033 | Wells Fargo | 4,011 | 6.6% | 12/31/2024 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 10/6/2023 | NAP | 10/6/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 762 | 18,284 | 0 | 5,079 | 121,894 | 0 | 0 | 0 | 4,375 | 0 | 0 | NAP | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Allan Bernheimer and Jeffrey R. Miller | Allan Bernheimer and Jeffrey R. Miller | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
29 | Loan | 1 | 927-933 Flatbush Avenue | 0.9% | 100.0% | MSBNA | MSMCH | NAP | NAP | 927-933 Flatbush Avenue | Brooklyn | Kings | NY | 11226 | Retail | Unanchored | 1920 | 2014; 2019 | 45,100 | SF | 201.77 | 9,100,000 | 9,100,000 | 9,100,000 | 7.36500% | NAP | 56,626.96 | NAP | 679,523.52 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 2/29/2024 | 2 | 1 | 4/1/2024 | NAP | 3/1/2029 | NAP | 5 | 5 | L(26),D(29),O(5) | 1,282,101 | 195,496 | 1,086,605 | 12/31/2023 | T-12 | 1,075,551 | 343,780 | 731,771 | 12/31/2022 | T-12 | 1,066,990 | 332,343 | 734,647 | 12/31/2021 | T-12 | 95.0% | 1,318,129 | 348,535 | 969,594 | 6,765 | 57,728 | 905,101 | 1.43 | 1.33 | 10.7% | 9.9% | 14,300,000 | As Is | 1/5/2024 | 63.6% | 63.6% | 100.0% | 1/1/2024 | No | CAMBA | 13,700 | 30.4% | 6,100 SF (MTM); 7,600 SF (8/31/2027) | Beginning Steps Infant Day Care | 11,800 | 26.2% | 4/30/2028 | Capital One Bank | 6,200 | 13.7% | 9/30/2029 | Melissa Vaughn Dance Studio | 6,100 | 13.5% | 8/1/2028 | Fit4Dance Inc. | 4,500 | 10.0% | 11/30/2028 | 1/11/2024 | NAP | 1/9/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 60,189 | 20,063 | 2,754 | 918 | 0 | 564 | 0 | 0 | 3,758 | 135,000 | 0 | 0 | 0 | 23,438 | 150,000 | 0 | SBA Loan Escrow | 0 | 0 | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Ezra Ashkenazi | Ezra Ashkenazi | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
30 | Loan | 1 | Northville Shopping Center Phase II | 0.9% | 100.0% | MSBNA | MSMCH | NAP | NAP | 17101-17955 Haggerty Road and 6 Mile Road | Northville | Wayne | MI | 48167 | Retail | Shadow Anchored | 2003 | NAP | 43,169 | SF | 201.53 | 8,700,000 | 8,700,000 | 8,700,000 | 6.72000% | NAP | 49,396.67 | NAP | 592,760.04 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 3/8/2024 | 1 | 1 | 5/1/2024 | NAP | 4/1/2029 | NAP | 5 | 5 | L(25),D(28),O(7) | 1,428,584 | 534,405 | 894,179 | 12/31/2023 | T-12 | 1,225,939 | 517,100 | 708,839 | 12/31/2022 | T-12 | 1,031,708 | 454,933 | 576,775 | 12/31/2021 | T-12 | 95.0% | 1,516,426 | 581,955 | 934,471 | 9,929 | 55,505 | 869,037 | 1.58 | 1.47 | 10.7% | 10.0% | 13,100,000 | As Is | 2/7/2024 | 66.4% | 66.4% | 96.1% | 2/23/2024 | No | KSI Kitchen and Bath | 11,941 | 27.7% | 3/31/2028 | P.F. Chang's China Bistro | 7,634 | 17.7% | 8/31/2028 | Massage Envy | 4,007 | 9.3% | 8/31/2029 | Noorjahan Indian Cuisine | 3,017 | 7.0% | 6/30/2027 | Noodles & Company | 2,400 | 5.6% | 11/30/2033 | 2/13/2024 | NAP | 2/13/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 64,101 | 21,367 | 0 | Springing | 0 | 827 | 0 | 200,000 | Springing | 200,000 | 0 | 0 | 0 | 46,875 | 0 | 0 | NAP | 0 | 0 | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Grand Sakwa Properties LLC | Daniel L. Stern, Christopher G. Brochert and Stephen Grand Trust Under Agreement Dated September 15, 1988 | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
31 | Loan | 1 | US Storage Centers - La Crescenta, CA | 0.8% | 100.0% | BANA | BANA | NAP | NAP | 4454 Lowell Avenue and 3900-3934 Foothill Boulevard | La Crescenta | Los Angeles | CA | 91214 | Self Storage | Self Storage | 1960 | 1988 | 68,605 | SF | 120.98 | 8,300,000 | 8,300,000 | 8,300,000 | 6.50000% | NAP | 45,582.75 | NAP | 546,993.00 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 1/12/2024 | 3 | 1 | 3/1/2024 | NAP | 2/1/2029 | NAP | 5 | 4 | L(27),D(26),O(7) | 2,309,692 | 588,957 | 1,720,735 | 11/30/2023 | T-12 | 2,220,461 | 555,965 | 1,664,496 | 12/31/2022 | T-12 | 2,054,716 | 517,031 | 1,537,685 | 12/31/2021 | T-12 | 86.9% | 2,276,737 | 527,564 | 1,749,173 | 21,206 | 0 | 1,727,967 | 3.20 | 3.16 | 21.1% | 20.8% | 28,850,000 | As Is | 11/14/2023 | 28.8% | 28.8% | 89.3% | 11/30/2023; 1/1/2024 | No | Venice Bakery | 4,316 | 6.3% | 3,516 SF (10/31/2027); 800 SF (11/30/2028) | Modella Uniforms | 2,640 | 3.8% | 3/31/2027 | Regal Wine & Spirits | 2,420 | 3.5% | 1,620 SF (2/28/2028); 800 SF (7/31/2028) | CV Dental | 1,620 | 2.4% | 1/31/2029 | Mr. Dryclean | 1,600 | 2.3% | 3/31/2027 | 11/28/2023 | NAP | 11/22/2023 | 11/22/2023 | 11% | No | Fee | NAP | NAP | NAP | NAP | 75,148 | 15,030 | 0 | Springing | 0 | 855 | 30,783 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | NAP | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Westport Properties, Inc. | Laulhere Realty Limited Partnership | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
32 | Loan | 2 | Swifts MHC and Gulf to Bay MHC | 0.8% | MSBNA | MSMCH | NAP | NAP | Various | Various | Various | FL | Various | Manufactured Housing | Manufactured Housing | Various | NAP | 156 | Pads | 52,884.62 | 8,250,000 | 8,250,000 | 8,250,000 | 6.41500% | NAP | 44,715.67 | NAP | 536,588.04 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 3/19/2024 | 1 | 1 | 5/1/2024 | NAP | 4/1/2029 | NAP | 5 | 5 | L(23),YM1(30),O(7) | 1,101,313 | 483,864 | 617,449 | 2/29/2024 | T-12 | 1,087,057 | 508,237 | 578,820 | 12/31/2023 | T-12 | 885,785 | 550,008 | 335,777 | 12/31/2022 | T-12 | 92.2% | 1,250,155 | 537,921 | 712,234 | 9,856 | 0 | 702,378 | 1.33 | 1.31 | 8.6% | 8.5% | 14,000,000 | As Is | 1/5/2024 | 58.9% | 58.9% | 92.3% | 2/1/2024 | 50,190 | 8,365 | 13,876 | 6,938 | 0 | 813 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,433 | 0 | 0 | NAP | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Bedrock Communities | Bedrock MHC Partners III L.P. | No | No | Acquisition | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
32.01 | Property | 1 | Swifts MHC | 0.5% | 53.8% | 1846 Powell Drive | North Fort Myers | Lee | FL | 33917 | Manufactured Housing | Manufactured Housing | 1949 | NAP | 87 | Pads | 4,441,000 | 4,441,000 | 4,441,000 | 616,904 | 283,368 | 333,536 | 2/29/2024 | T-12 | 602,034 | 291,206 | 310,829 | 12/31/2023 | T-12 | 462,996 | 259,011 | 203,986 | 12/31/2022 | T-12 | 94.1% | 678,577 | 296,968 | 381,609 | 4,750 | 0 | 376,859 | 7,100,000 | As Is | 1/5/2024 | 94.3% | 2/1/2024 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 1/17/2024 | NAP | 1/16/2024 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
32.02 | Property | 1 | Gulf to Bay MHC | 0.4% | 46.2% | 2381 Gulf to Bay Boulevard | Clearwater | Pinellas | FL | 33765 | Manufactured Housing | Manufactured Housing | 1955 | NAP | 69 | Pads | 3,809,000 | 3,809,000 | 3,809,000 | 484,409 | 200,496 | 283,913 | 2/29/2024 | T-12 | 485,022 | 217,031 | 267,991 | 12/31/2023 | T-12 | 422,788 | 290,997 | 131,791 | 12/31/2022 | T-12 | 90.0% | 571,578 | 240,953 | 330,625 | 5,106 | 0 | 325,519 | 6,900,000 | As Is | 1/5/2024 | 89.9% | 2/1/2024 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 1/17/2024 | NAP | 1/16/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
33 | Loan | 1 | Compass Point Medical Complex | 0.7% | 100.0% | MSBNA | MSMCH | Group 2 | NAP | 1111 Cromwell Avenue | Rocky Hill | Hartford | CT | 06067 | Office | Medical | 2003 | 2010 | 65,063 | SF | 113.12 | 7,360,000 | 7,360,000 | 7,360,000 | 7.51000% | NAP | 46,701.07 | NAP | 560,412.84 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 3/13/2024 | 1 | 1 | 5/1/2024 | NAP | 4/1/2029 | NAP | 0 | 0 | L(25),D(31),O(4) | 1,079,329 | 604,154 | 475,175 | 10/31/2023 | T-12 | 1,110,739 | 597,728 | 513,011 | 12/31/2022 | T-12 | 1,191,778 | 633,483 | 558,295 | 12/31/2021 | T-12 | 95.0% | 1,490,108 | 597,330 | 892,778 | 13,013 | 71,627 | 808,139 | 1.59 | 1.44 | 12.1% | 11.0% | 10,900,000 | As Is | 11/14/2023 | 67.5% | 67.5% | 96.0% | 11/1/2023 | No | Elara Caring | 11,508 | 17.7% | 9/30/2030 | Rocky Hill Surgery Center | 10,528 | 16.2% | 3/31/2029 | Hartford Orthopedic Surgeons | 10,528 | 16.2% | 4,964 SF (11/14/2031); 5,564 SF (4/15/2032) | Starling Physicians | 7,980 | 12.3% | 7/31/2029 | Maxim Healthcare Staffing Services | 5,885 | 9.0% | 12/31/2026 | 10/6/2023 | NAP | 10/6/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 82,848 | 20,712 | 0 | 2,702 | 0 | 1,084 | 26,025 | 140,536 | Springing | 140,536 | 0 | 0 | 0 | 2,500 | 91,557 | 0 | Local Infusion - TI Allowance Reserve ($56,160); Local Infusion - Free and Gap Rent Reserve ($19,890); Local Infusion - Landlord Work ($15,506.60) | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Allan Bernheimer and Jeffrey R. Miller | Allan Bernheimer and Jeffrey R. Miller | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
34 | Loan | 1 | Superior Building | 0.7% | 100.0% | BANA | BANA | NAP | NAP | 61 North Raymond Avenue | Pasadena | Los Angeles | CA | 91103 | Mixed Use | Office/Retail | 1928 | 2013 | 45,902 | SF | 152.50 | 7,000,000 | 7,000,000 | 7,000,000 | 6.79300% | NAP | 40,176.19 | NAP | 482,114.28 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 4/1/2024 | 1 | 1 | 5/1/2024 | NAP | 4/1/2029 | NAP | 5 | 4 | L(25),DorYM1(28),O(7) | 1,400,166 | 515,765 | 884,401 | 12/31/2023 | T-12 | 1,540,452 | 517,832 | 1,022,620 | 12/31/2022 | T-12 | 1,445,513 | 474,765 | 970,748 | 12/31/2021 | T-12 | 92.3% | 1,563,882 | 514,241 | 1,049,641 | 10,926 | 61,942 | 976,773 | 2.18 | 2.03 | 15.0% | 14.0% | 16,200,000 | As Is | 2/29/2024 | 43.2% | 43.2% | 90.4% | 2/29/2024 | No | Pez Cantina | 6,624 | 14.4% | 3/31/2033 | Vincenzi / Babban / Hernandez | 5,765 | 12.6% | 12/31/2030 | Street Level Strategy, LLC | 4,584 | 10.0% | 3/31/2028 | Eliza Steel | 4,257 | 9.3% | 8/31/2028 | Bone Kettle, LLC | 3,703 | 8.1% | 2/28/2026 | 3/25/2024 | NAP | 3/25/2024 | 3/27/2024 | 18% | No | Fee | NAP | NAP | NAP | NAP | 23,852 | 11,926 | 0 | Springing | 0 | 1,311 | 0 | 0 | 3,600 | 0 | 0 | 0 | 0 | 0 | 113,804 | 0 | Pez Cantina TI Allowance ($95,454), Gap Rent Reserve ($18,350) | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Gregory C. McLemore | Gregory C. McLemore | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
35 | Loan | 1 | 872 East 164th Street | 0.6% | 100.0% | MSBNA | MSMCH | Group 4 | NAP | 872 East 164th Street | Bronx | Bronx | NY | 10459 | Multifamily | Mid Rise | 2023 | NAP | 18 | Units | 335,000.00 | 6,030,000 | 6,030,000 | 6,030,000 | 6.76000% | NAP | 34,440.79 | NAP | 413,289.48 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 2/15/2024 | 2 | 1 | 4/1/2024 | NAP | 3/1/2029 | NAP | 0 | 5 | L(26),D(30),O(4) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 692,938 | 119,504 | 573,433 | 4,500 | 0 | 568,933 | 1.39 | 1.38 | 9.5% | 9.4% | 9,800,000 | As Stabilized | 1/1/2024 | 61.5% | 61.5% | 88.9% | 2/2/2024 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 12/5/2023 | NAP | 12/5/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 862 | 862 | 3,738 | 1,246 | 0 | 375 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 114,451 | 0 | Unabated Real Estate Tax Reserve | 0 | 400,000 | Occupancy Holdback: Holdback Funds shall mean that portion of the Loan to be disbursed in a single advance on or prior to the Outside Advance Date, upon Borrower’s satisfaction of the Holdback Funding Requirements, in the amount of $400,000. “Holdback Funding Requirements” shall mean, collectively: (i) Borrower shall submit a written request to Lender for disbursement of the Holdback Funds no later than ten (10) days prior to the date on which Borrower requests the Holdback Funds to be disbursed; (ii) both at the time of Borrower’s written request and at the time of the requested disbursement of Holdback Funds, no Default or Event of Default shall be continuing; (iii) Borrower has submitted to Lender evidence to Lender’s satisfaction confirming that at least ninety-five percent (95%) of the residential apartments at the Property (including both Affordable Housing Units and any Market Rate Units) are tenanted pursuant to executed Leases with Tenants that are in occupancy and pursuant to which the term of each Lease covered by any Prepaid Rents has expired, which evidence shall include, without limitation, a current rent roll certified by an authorized representative of Borrower, copies of all executed Leases then in-effect, and copies of all rental payment vouchers issued in connection with the CityFHEPS Program with respect to Tenants at the Property. (iv) after giving effect to the disbursement of the Holdback Funds, the Debt Yield shall be at least 9.44%, as determined by Lender; and (v) Borrower shall pay on demand (or out of the requested disbursement of Holdback Funds) all of the actual costs and expenses incurred by Lender, including attorneys’ fees and expenses and other applicable third-party costs and expenses, in connection with the proposed advance of Holdback Funds. | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Joseph E. Safdie and Leah Waldman | Joseph E. Safdie and Leah Waldman | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
36 | Loan | 1 | Walnut Grove MHC | 0.6% | 100.0% | MSBNA | MSMCH | Group 3 | NAP | 2548 Peck Road | Monrovia | Los Angeles | CA | 90601 | Manufactured Housing | Manufactured Housing | 1954 | NAP | 52 | Pads | 107,019.23 | 5,565,000 | 5,565,000 | 5,565,000 | 6.21000% | NAP | 29,198.86 | NAP | 350,386.32 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 4/3/2024 | 0 | 1 | 6/1/2024 | NAP | 5/1/2029 | NAP | 5 | 5 | L(24),D(31),O(5) | 699,110 | 208,856 | 490,254 | 1/31/2024 | T-12 | 692,152 | 203,341 | 488,811 | 11/30/2023 | T-12 | 630,916 | 182,083 | 448,833 | 12/31/2022 | T-12 | 95.0% | 686,917 | 228,578 | 458,339 | 2,800 | 0 | 455,539 | 1.31 | 1.30 | 8.2% | 8.2% | 8,400,000 | As Is | 2/16/2024 | 66.3% | 66.3% | 94.2% | 3/31/2024 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 2/19/2024 | NAP | 2/19/2024 | 2/19/2024 | 14% | No | Fee | NAP | NAP | NAP | NAP | 8,132 | 4,066 | 1,932 | 644 | 0 | 233 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,860 | 0 | 0 | NAP | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Victor M. Martinez | Victor M. Martinez | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
37 | Loan | 1 | Park Place Apartments | 0.5% | 100.0% | WFB | WFB | NAP | NAP | 515 Parkside Place | Dalton | Whitfield | GA | 30721 | Multifamily | Garden | 2000 | NAP | 86 | Units | 61,046.51 | 5,250,000 | 5,250,000 | 5,250,000 | 7.71400% | NAP | 34,217.48 | NAP | 410,609.76 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 4/3/2024 | 1 | 11 | 5/11/2024 | NAP | 4/11/2029 | NAP | 0 | 0 | L(24),D(29),O(7) | 897,045 | 305,104 | 591,941 | 2/29/2024 | T-12 | 868,940 | 302,760 | 566,180 | 12/31/2023 | T-12 | 829,367 | 288,367 | 541,000 | 12/31/2022 | T-12 | 95.0% | 902,509 | 327,167 | 575,342 | 21,500 | 0 | 553,842 | 1.40 | 1.35 | 11.0% | 10.5% | 9,040,000 | As Is | 11/28/2023 | 58.1% | 58.1% | 100.0% | 3/12/2024 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 10/25/2023 | NAP | 10/25/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 21,836 | 5,459 | 0 | Springing | 0 | 1,792 | 0 | 0 | 0 | 0 | 205,305 | 0 | 0 | 0 | 97,500 | 0 | Roof Replacement Reserve | 0 | 0 | NAP | None | None | No | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Gary L. Felder | Gary L. Felder | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
38 | Loan | 2 | City Trailer Park and Stage Coach MHC | 0.5% | MSBNA | MSMCH | Group 3 | NAP | Various | Various | Various | CA | Various | Manufactured Housing | Manufactured Housing | Various | NAP | 44 | Pads | 113,636.36 | 5,000,000 | 5,000,000 | 5,000,000 | 6.22000% | NAP | 26,276.62 | NAP | 315,319.44 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 4/3/2024 | 0 | 1 | 6/1/2024 | NAP | 5/1/2029 | NAP | 5 | 5 | L(24),D(31),O(5) | 594,173 | 138,773 | 455,400 | 1/31/2024 | T-12 | 584,372 | 136,279 | 448,093 | 11/30/2023 | T-12 | 552,664 | 131,698 | 420,967 | 12/31/2022 | T-12 | 95.2% | 582,769 | 169,174 | 413,595 | 3,200 | 0 | 410,395 | 1.31 | 1.30 | 8.3% | 8.2% | 7,400,000 | As Is | 2/16/2024 | 67.6% | 67.6% | 95.5% | 3/31/2024 | 11,300 | 2,825 | 2,406 | 1,203 | 0 | 267 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Victor M. Martinez | Victor M. Martinez | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
38.01 | Property | 1 | Stage Coach MHC | 0.3% | 57.3% | 6050 Mission Boulevard | Riverside | Riverside | CA | 92509 | Manufactured Housing | Manufactured Housing | 1965 | NAP | 30 | Pads | 2,863,000 | 2,863,000 | 2,863,000 | 332,292 | 79,090 | 253,202 | 1/31/2024 | T-12 | 325,455 | 78,539 | 246,916 | 11/30/2023 | T-12 | 307,875 | 83,639 | 224,235 | 12/31/2022 | T-12 | 96.4% | 331,472 | 94,167 | 237,305 | 1,900 | 0 | 235,405 | 4,400,000 | As Is | 2/16/2024 | 96.7% | 3/31/2024 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 2/19/2024 | NAP | 2/19/2024 | 2/19/2024 | 15% | No | Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
38.02 | Property | 1 | City Trailer Park | 0.2% | 42.7% | 313 West 1st Avenue | La Habra | Orange | CA | 90631 | Manufactured Housing | Manufactured Housing | 1975 | NAP | 14 | Pads | 2,137,000 | 2,137,000 | 2,137,000 | 261,881 | 59,683 | 202,198 | 1/31/2024 | T-12 | 258,917 | 57,740 | 201,177 | 11/30/2023 | T-12 | 244,790 | 48,058 | 196,732 | 12/31/2022 | T-12 | 93.7% | 251,296 | 75,006 | 176,290 | 1,300 | 0 | 174,990 | 3,000,000 | As Is | 2/16/2024 | 92.9% | 3/31/2024 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 2/19/2024 | NAP | 2/19/2024 | 2/19/2024 | 14% | No | Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
39 | Loan | 1 | CityLine Milledgeville | 0.5% | 100.0% | BANA | BANA | Group 5 | NAP | 155 and 157 Garrett Way & 630 Meriwether Road | Milledgeville | Baldwin | GA | 31061 | Self Storage | Self Storage | 2000; 2006 | NAP | 80,330 | SF | 56.55 | 4,543,000 | 4,543,000 | 4,543,000 | 6.85900% | NAP | 26,327.68 | NAP | 315,932.16 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 1/23/2024 | 3 | 1 | 3/1/2024 | NAP | 2/1/2029 | NAP | 5 | 4 | L(27),D(26),O(7) | 669,412 | 379,325 | 290,087 | 11/30/2023 | T-12 | 620,041 | 376,002 | 244,039 | 12/31/2022 | T-12 | 572,193 | 335,368 | 236,825 | 12/31/2021 | T-12 | 78.4% | 667,605 | 218,078 | 449,527 | 11,330 | 0 | 438,197 | 1.42 | 1.39 | 9.9% | 9.6% | 6,780,000 | As Is | 11/27/2023 | 67.0% | 67.0% | 85.2% | 12/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 11/16/2023 | NAP | 11/16/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 9,671 | 2,418 | 0 | Springing | 0 | 945 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52,125 | 0 | 0 | NAP | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Robert Fortunoff, Scott Fortunoff, Gregory Fortunoff and Jill Gerstenblatt | Richard Schontz, Lawrence Charles Kaplan, George Thacker and Peter J. Veltri | No | No | Acquisition | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
40 | Loan | 1 | 1412 College Ave | 0.4% | 100.0% | MSBNA | MSMCH | Group 4 | NAP | 1412 College Avenue | Bronx | Bronx | NY | 10456 | Multifamily | Mid Rise | 1930 | 2023 | 16 | Units | 257,812.50 | 4,125,000 | 4,125,000 | 4,125,000 | 6.53000% | NAP | 22,758.64 | NAP | 273,103.68 | Interest Only | No | Actual/360 | 60 | 55 | 60 | 55 | 0 | 0 | 11/7/2023 | 5 | 1 | 1/1/2024 | NAP | 12/1/2028 | NAP | 5 | 5 | L(29),D(27),O(4) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 503,846 | 82,187 | 421,658 | 4,000 | 0 | 417,658 | 1.54 | 1.53 | 10.2% | 10.1% | 6,650,000 | As Is | 3/15/2024 | 62.0% | 62.0% | 100.0% | 11/1/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 9/18/2023 | NAP | 9/18/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 1,031 | 344 | 4,533 | 907 | 0 | 333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Joseph E. Safdie | Joseph E. Safdie | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
41 | Loan | 1 | Lexington Grand | 0.4% | 100.0% | WFB | WFB | NAP | NAP | 186 Roy Truesdell Road | Lugoff | Kershaw | SC | 29078 | Multifamily | Garden | 2009 | 2023 | 64 | Units | 63,671.88 | 4,075,000 | 4,075,000 | 4,075,000 | 6.96900% | NAP | 23,994.25 | NAP | 287,931.00 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 3/28/2024 | 1 | 11 | 5/11/2024 | NAP | 4/11/2029 | NAP | 0 | 0 | L(24),D(29),O(7) | 535,144 | 241,274 | 293,870 | 2/29/2024 | T-12 | 517,827 | 255,366 | 262,461 | 12/31/2023 | T-12 | NAV | NAV | NAV | NAV | NAV | 95.0% | 600,736 | 217,460 | 383,276 | 16,000 | 0 | 367,276 | 1.33 | 1.28 | 9.4% | 9.0% | 6,575,000 | As Is | 1/18/2024 | 62.0% | 62.0% | 96.9% | 2/29/2024 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/31/2023 | NAP | 2/15/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 23,984 | 2,998 | 60,000 | 1,334 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,000 | Springing | Insurance Deductible Reserve | 25,000 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Michael Garland and Henry Loyd Fornes, III | Michael Garland and Henry Loyd Fornes, III | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
42 | Loan | 1 | 4975 Clark Howell Highway | 0.3% | 100.0% | BANA | BANA | Group 5 | NAP | 4975 Clark Howell Highway | Atlanta | Clayton | GA | 30349 | Industrial | Flex | 1975 | 2022 | 38,724 | SF | 85.61 | 3,315,000 | 3,315,000 | 3,315,000 | 6.86600% | NAP | 19,230.76 | NAP | 230,769.12 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 2/20/2024 | 2 | 1 | 4/1/2024 | NAP | 3/1/2029 | NAP | 5 | 4 | L(26),D(30),O(4) | 395,164 | 234,611 | 160,553 | 12/31/2023 | T-12 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 90.2% | 515,152 | 101,762 | 413,390 | 5,809 | 18,752 | 388,830 | 1.79 | 1.68 | 12.5% | 11.7% | 5,100,000 | As Is | 2/1/2024 | 65.0% | 65.0% | 90.1% | 2/8/2024 | No | Middour Investments, LLC | 3,810 | 9.8% | 2/28/2025 | Delivery King Logistics LLC | 3,090 | 8.0% | 10/31/2027 | Maximum Maintenance, LLC | 2,606 | 6.7% | 7/31/2025 | House of Hoggs | 2,592 | 6.7% | 2/28/2026 | 2 Friends Transport LLC | 2,426 | 6.3% | 2/28/2027 | 1/24/2024 | NAP | 1/24/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 7,555 | 1,511 | 6,602 | 3,301 | 75,000 | 484 | 0 | 50,000 | 1,614 | 77,448 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Jill Pierce | Lawrence Charles Kaplan and George Thacker | No | No | Acquisition | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
43 | Loan | 1 | Taylors Square | 0.3% | 100.0% | MSBNA | MSMCH | Group 6 | NAP | 3023 Wade Hampton Boulevard | Taylors | Greenville | SC | 29687 | Retail | Shadow Anchored | 2002 | NAP | 28,982 | SF | 112.14 | 3,250,000 | 3,250,000 | 3,250,000 | 6.90000% | NAP | 18,947.05 | NAP | 227,364.60 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 2/2/2024 | 2 | 5 | 4/5/2024 | NAP | 3/5/2029 | NAP | 0 | 0 | L(26),D(30),O(4) | 490,780 | 92,621 | 398,158 | 12/31/2023 | T-12 | 509,001 | 86,576 | 422,424 | 12/31/2022 | T-12 | 516,603 | 81,297 | 435,307 | 12/31/2021 | T-12 | 95.0% | 502,255 | 89,085 | 413,169 | 5,055 | 25,837 | 382,277 | 1.82 | 1.68 | 12.7% | 11.8% | 5,600,000 | As Is | 12/22/2023 | 58.0% | 58.0% | 100.0% | 10/1/2023 | No | Ginza Buffet (formerly Hibachi Grille & Supreme Buffet) | 10,290 | 35.5% | 5/31/2034 | Dollar Tree | 9,499 | 32.8% | 1/31/2026 | Gamestop, Inc. | 1,807 | 6.2% | 12/31/2025 | Firehouse Subs | 1,758 | 6.1% | 8/31/2024 | Happy Nails | 1,407 | 4.9% | 12/31/2035 | 1/4/2024 | NAP | 1/4/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 7,892 | 3,946 | 0 | Springing | 0 | 411 | 4,297 | 0 | 3,623 | 86,946 | 0 | 0 | 0 | 875 | 62,500 | 0 | TPO Roof System Replacement Reserve | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Francis Greenburger | Francis Greenburger | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
44 | Loan | 2 | East Coast Storage Portfolio | 0.3% | MSBNA | MSMCH | NAP | NAP | Various | Various | Various | Various | Various | Self Storage | Self Storage | Various | Various | 39,530 | SF | 71.84 | 2,840,000 | 2,840,000 | 2,840,000 | 7.35000% | NAP | 17,636.60 | NAP | 211,639.20 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 4/4/2024 | 0 | 1 | 6/1/2024 | NAP | 5/1/2029 | NAP | 0 | 5 | L(24),D(32),O(4) | 394,958 | 60,101 | 334,857 | 1/31/2024 | T-3 Annualized | 240,896 | 45,710 | 195,186 | 12/31/2023 | T-12 | 171,957 | 36,352 | 135,605 | 12/31/2022 | T-12 | 91.2% | 396,833 | 114,769 | 282,064 | 5,930 | 0 | 276,134 | 1.33 | 1.30 | 9.9% | 9.7% | 4,370,000 | As Is | Various | 65.0% | 65.0% | 99.5% | 3/11/2024 | 5,811 | 968 | 3,296 | 1,232 | 0 | 494 | 11,859 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Randall Caldwell | Randall Caldwell | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
44.01 | Property | 1 | MMJ Self Storage | 0.2% | 84.9% | 17600 A.P. Hill Boulevard | Bowling Green | Caroline | VA | 22427 | Self Storage | Self Storage | 2008 | 2022 | 29,530 | SF | 2,410,000 | 2,410,000 | 2,410,000 | 318,819 | 44,069 | 274,750 | 1/31/2024 | T-3 Annualized | 240,896 | 45,710 | 195,186 | 12/31/2023 | T-12 | 171,957 | 36,352 | 135,605 | 12/31/2022 | T-12 | 92.0% | 323,701 | 85,082 | 238,619 | 4,430 | 0 | 234,189 | 3,500,000 | As Is | 2/13/2024 | 99.3% | 3/11/2024 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 2/26/2024 | NAP | 2/26/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
44.02 | Property | 1 | AAA Self Storage | 0.0% | 15.1% | 842 US Route 280 | Americus | Sumter | GA | 31709 | Self Storage | Self Storage | 2005 | NAP | 10,000 | SF | 430,000 | 430,000 | 430,000 | 76,139 | 16,032 | 60,107 | 1/31/2024 | T-3 Annualized | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 88.0% | 73,132 | 29,687 | 43,445 | 1,500 | 0 | 41,945 | 870,000 | As Is | 2/21/2024 | 100.0% | 3/11/2024 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 2/26/2024 | NAP | 2/26/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
45 | Loan | 1 | Benton Crossing | 0.3% | 100.0% | MSBNA | MSMCH | Group 6 | NAP | 15400 Sheldon Road | Northville | Wayne | MI | 48168 | Retail | Shadow Anchored | 2008 | NAP | 14,253 | SF | 192.94 | 2,750,000 | 2,750,000 | 2,750,000 | 6.50000% | NAP | 15,102.72 | NAP | 181,232.64 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 3/28/2024 | 1 | 5 | 5/5/2024 | NAP | 4/5/2029 | NAP | 0 | 0 | L(25),D(31),O(4) | 492,072 | 142,327 | 349,745 | 12/31/2023 | T-12 | 478,662 | 126,375 | 352,287 | 12/31/2022 | T-12 | 551,041 | 158,369 | 392,672 | 12/31/2021 | T-12 | 95.0% | 556,972 | 147,207 | 409,765 | 2,851 | 28,369 | 378,546 | 2.26 | 2.09 | 14.9% | 13.8% | 5,060,000 | As Is | 2/29/2024 | 54.3% | 54.3% | 100.0% | 1/31/2024 | No | Rusty Bucket | 4,511 | 31.6% | 8/31/2028 | Honey Tree Grille | 3,652 | 25.6% | 8/13/2028 | Sheldon Nails and Spa | 1,760 | 12.3% | 12/31/2030 | Alloy Personal Training | 1,600 | 11.2% | 6/30/2028 | Deka Lash | 1,530 | 10.7% | 7/31/2030 | 3/6/2024 | NAP | 3/6/2024 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 4,071 | 4,071 | 0 | Springing | 0 | 238 | 2,850 | 0 | 1,188 | 42,759 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Francis Greenburger | Francis Greenburger | No | No | Recapitalization | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||
46 | Loan | 1 | Tysons Corner Center
| 0.2% | 100.0% | JPMCB | JPMCB | NAP | NAP | 1961 Chain Bridge Road | McLean | Fairfax | VA | 22102 | Retail | Super Regional Mall | 1968 | 1989; 2005 | 1,793,638 | SF | 395.84 | 2,460,000 | 2,460,000 | 2,460,000 | 6.60060% | NAP | 13,719.16 | NAP | 164,629.92 | Interest Only | No | Actual/360 | 60 | 55 | 60 | 55 | 0 | 0 | 12/4/2023 | 5 | 6 | 1/6/2024 | NAP | 12/6/2028 | NAP | 5 | 0 | L(28),YM1(1),DorYM1(24),O(7) | 129,617,825 | 44,086,503 | 85,531,322 | 9/30/2023 | T-12 | 127,448,218 | 42,843,235 | 84,604,983 | 12/31/2022 | T-12 | 126,677,910 | 43,141,634 | 83,536,276 | 12/31/2021 | T-12 | 92.2% | 140,618,916 | 43,516,369 | 97,102,547 | 358,728 | 1,793,638 | 94,950,181 | 2.04 | 2.00 | 13.7% | 13.4% | 1,800,000,000 | As Is | 10/5/2023 | 39.4% | 39.4% | 95.4% | 11/1/2023 | No | Bloomingdale's | 252,754 | 14.1% | 7/22/2028 | Macy's | 237,076 | 13.2% | 7/24/2028 | Nordstrom | 201,000 | 11.2% | 3/31/2025 | AMC Theatres | 105,122 | 5.9% | 9/30/2025 | Primark | 50,186 | 2.8% | 5/31/2034 | 8/2/2023 | NAP | 8/7/2023 | NAP | NAP | No | Fee/Leasehold | 8/31/2035 | None | 1,565,412 | No | 0 | Springing | 0 | Springing | 0 | Springing | 896,819 | 0 | Springing | 3,587,276 | 0 | 0 | 0 | 0 | 39,775,125 | 0 | Outstanding TI/LC ($30,769,199); Gap Rent Reserve ($9,005,926) | 0 | 0 | NAP | Hard | Springing | Yes | No | Yes | No | 2,460,000 | 707,540,000 | 3,945,876.88 | 3,959,596.04 | NAP | NAP | 710,000,000 | 3,959,596.04 | 39.4% | 2.00 | 13.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | The Macerich Partnership, L.P. and Alaska Permanent Fund Corporation | The Macerich Partnership, L.P. | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |