FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-226486-18 | ||
BANK 2021-BNK31 Disclaimer
STATEMENT REGARDING THIS FREE WRITING PROSPECTUS The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-226486) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com.
Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time.
STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of Wells Fargo Securities, LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC, Academy Securities, Inc., Drexel Hamilton, LLC or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.
This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.
Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A. Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC are distinct entities from affiliated banks and thrifts.
IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES The information herein is preliminary and may be supplemented or amended prior to the time of sale.
In addition, the Offered Certificates referred to in these materials and the asset pool backing them are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined, or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis.
The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials.
The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.
IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system. | ||
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | Cross Collateralized and Cross Defaulted Loan Flag | Address | City | State | Zip Code | General Property Type(2) | Specific Property Type(2) |
1 | McClellan Park | WFB | Various | McClellan | CA | 95652 | Industrial | Warehouse | |
2 | 605 Third Avenue | MSMCH | 605 Third Avenue | New York | NY | 10158 | Office | CBD | |
3 | Miami Design District | BANA | 151 NE 40th Street | Miami | FL | 33137 | Retail | Luxury Retail | |
4 | ExchangeRight Net Leased Portfolio #42 | BANA | Various | Various | Various | Various | Various | Various | |
4.01 | Walmart Neighborhood Market - Huntsville (Bailey Cove), AL | BANA | 9020 Bailey Cove Road Southeast | Huntsville | AL | 35802 | Retail | Single Tenant | |
4.02 | Walmart Neighborhood Market - Theodore (Theodore), AL | BANA | 7320 Theodore Dawes Road | Theodore | AL | 36582 | Retail | Single Tenant | |
4.03 | Walgreens - Peoria (Pioneer), IL | BANA | 1919 West Pioneer Parkway | Peoria | IL | 61615 | Retail | Single Tenant | |
4.04 | Tractor Supply - Kennesaw (Blue Spring), GA | BANA | 3064 Cobb Parkway Northwest | Kennesaw | GA | 30152 | Retail | Single Tenant | |
4.05 | Walgreens - Bettendorf (Middle), IA | BANA | 830 Middle Road | Bettendorf | IA | 52722 | Retail | Single Tenant | |
4.06 | Walgreens - Dallas (Ledbetter), TX | BANA | 2401 West Ledbetter Drive | Dallas | TX | 75233 | Retail | Single Tenant | |
4.07 | Walgreens - Fort Worth (28th), TX | BANA | 108 Northeast 28th Street | Fort Worth | TX | 76164 | Retail | Single Tenant | |
4.08 | CVS Pharmacy - Forest Park (Forest), GA | BANA | 1029 Forest Parkway | Forest Park | GA | 30297 | Retail | Single Tenant | |
4.09 | Fresenius Medical Care - Oshkosh (Omro), WI | BANA | 2678 Omro Road Ste 101A | Oshkosh | WI | 54904 | Office | Medical | |
4.10 | Family Dollar - Syracuse (Salina), NY | BANA | 2826 South Salina Street | Syracuse | NY | 13205 | Retail | Single Tenant | |
4.11 | Family Dollar - Lebanon (Maple), PA | BANA | 1034 Maple Street | Lebanon | PA | 17046 | Retail | Single Tenant | |
4.12 | Dollar General - Alvin (FM 1462), TX | BANA | 3519 FM 1462 | Alvin | TX | 77511 | Retail | Single Tenant | |
4.13 | Dollar General - Liverpool (Oswego), NY | BANA | 7386 Oswego Road | Liverpool | NY | 13090 | Retail | Single Tenant | |
4.14 | Dollar General - Cleburne (County Rd 427A), TX | BANA | 1800 County Road 427A | Cleburne | TX | 76031 | Retail | Single Tenant | |
5 | 250 West 57th Street | MSMCH | 250 West 57th Street | New York | NY | 10107 | Office | CBD | |
6 | ExchangeRight REIT 2 | WFB | Various | Various | Various | Various | Various | Various | |
6.01 | Walmart Neighborhood Market - Huntsville | WFB | 2305 Jordan Lane Southwest | Huntsville | AL | 35805 | Retail | Single Tenant | |
6.02 | Biolife - Las Vegas | WFB | 2882 South Maryland Parkway | Las Vegas | NV | 89109 | Office | Medical | |
6.03 | Kroger - Farmington | WFB | 25780 Middlebelt Road | Farmington Hills | MI | 48336 | Retail | Single Tenant | |
6.04 | Hobby Lobby - Greenville | WFB | 3432 South Memorial Drive | Greenville | NC | 27834 | Retail | Single Tenant | |
6.05 | Kroger - Fort Wayne | WFB | 1125 West State Boulevard | Fort Wayne | IN | 46808 | Retail | Single Tenant | |
6.06 | Dollar Tree - Fort Wayne | WFB | 1125 West State Boulevard | Fort Wayne | IN | 46808 | Retail | Single Tenant | |
6.07 | Dollar General - Houston | WFB | 525 Crosstimbers Street | Houston | TX | 77022 | Retail | Single Tenant | |
6.08 | Family Dollar - Memphis | WFB | 1427 North Hollywood Street | Memphis | TN | 38108 | Retail | Single Tenant | |
6.09 | Family Dollar - Commerce City | WFB | 5947 East 64th Avenue | Commerce City | CO | 80022 | Retail | Single Tenant | |
6.10 | Family Dollar - Columbus | WFB | 675 East Hudson Street | Columbus | OH | 43211 | Retail | Single Tenant | |
6.11 | Dollar General - OKC | WFB | 4800 Northwest 23rd Street | Oklahoma City | OK | 73127 | Retail | Single Tenant | |
6.12 | Dollar General - Chicago | WFB | 6225 South Kedzie Avenue | Chicago | IL | 60629 | Retail | Single Tenant | |
6.13 | Family Dollar - Beaumont | WFB | 4010 Magnolia Street | Beaumont | TX | 77703 | Retail | Single Tenant | |
7 | U-Haul AREC Portfolio 43 | BANA | Various | Various | Various | Various | Self Storage | Self Storage | |
7.01 | U-Haul Moving & Storage at Joe Battle & I-10 | BANA | 1110 Joe Battle Boulevard | El Paso | TX | 79928 | Self Storage | Self Storage | |
7.02 | U-Haul Moving & Storage of North Smithfield | BANA | 408 Eddie Dowling Highway | North Smithfield | RI | 02896 | Self Storage | Self Storage | |
7.03 | U-Haul Moving & Storage of Downtown Waterbury | BANA | 560 Bank Street | Waterbury | CT | 06708 | Self Storage | Self Storage | |
7.04 | U-Haul Moving & Storage of the White Mountains | BANA | 3761 West White Mountain Boulevard | Pinetop-Lakeside | AZ | 85929 | Self Storage | Self Storage | |
7.05 | U-Haul Moving & Storage of Wapato Park | BANA | 6402 to 6442 South Yakima Avenue | Tacoma | WA | 98408 | Self Storage | Self Storage | |
7.06 | U-Haul of Moultonborough Self-Storage | BANA | 1060 Whittier Highway | Moultonborough | NH | 03254 | Self Storage | Self Storage | |
7.07 | U-Haul Moving & Storage of Downtown Grand Rapids | BANA | 500 and 532 Grandville Avenue Southwest | Grand Rapids | MI | 49503 | Self Storage | Self Storage | |
7.08 | U-Haul Moving & Storage of Canton | BANA | 6229 US Highway 11 | Canton | NY | 13617 | Self Storage | Self Storage | |
7.09 | U-Haul Storage of Twin Falls | BANA | 630 Eastland Drive South | Twin Falls | ID | 83301 | Self Storage | Self Storage | |
7.10 | U-Haul Moving & Storage of Twin Falls | BANA | 1757 Kimberly Road | Twin Falls | ID | 83301 | Self Storage | Self Storage | |
7.11 | U-Haul at 12th & L | BANA | 1212 Earnest South Brazill Street | Tacoma | WA | 98408 | Self Storage | Self Storage | |
8 | McDonald’s Global HQ | BANA | 110 North Carpenter Street | Chicago | IL | 60607 | Office | CBD | |
9 | Inland SE Self Storage Portfolio | WFB | Various | Various | Various | Various | Self Storage | Self Storage | |
9.01 | Life Storage - 708 | WFB | 1500 Browns Lane | Louisville | KY | 40207 | Self Storage | Self Storage | |
9.02 | Life Storage - 797 | WFB | 364 West Main Street | Hendersonville | TN | 37075 | Self Storage | Self Storage | |
9.03 | Life Storage - 798 | WFB | 63 New Shackle Island Road | Hendersonville | TN | 37075 | Self Storage | Self Storage | |
9.04 | Devon Self Storage | WFB | 2375 Lexington Road | Athens | GA | 30605 | Self Storage | Self Storage | |
9.05 | Life Storage - 701 | WFB | 5215 Dixie Highway | Louisville | KY | 40216 | Self Storage | Self Storage | |
10 | 350 Holger Way | WFB | 350 Holger Way | San Jose | CA | 95134 | Office | Suburban | |
11 | ExchangeRight Net Leased Portfolio #41 | MSMCH | Various | Various | Various | Various | Various | Various | |
11.01 | Dignity Health - Glendale, AZ | MSMCH | 17040 North 51st Avenue | Glendale | AZ | 85308 | Office | Medical | |
11.02 | Walmart Neighborhood Market - Mobile, AL | MSMCH | 2570 Government Boulevard | Mobile | AL | 36606 | Retail | Single Tenant | |
11.03 | Walmart Neighborhood Market - Forest, VA | MSMCH | 16807 Forest Road | Forest | VA | 24551 | Retail | Single Tenant | |
11.04 | BioLife Plasma Services L.P. - Avondale, AZ | MSMCH | 1655 North 107th Avenue | Avondale | AZ | 85392 | Office | Medical | |
11.05 | BioLife Plasma Services L.P. - Richmond, VA | MSMCH | 8702 Staples Mill Road | Richmond | VA | 23228 | Office | Medical | |
11.06 | Natural Grocers - Little Rock, AR | MSMCH | 9210 Rodney Parham Road | Little Rock | AR | 72227 | Retail | Single Tenant | |
11.07 | Walgreens - Columbus, OH | MSMCH | 3015 East Livingston Avenue | Columbus | OH | 43209 | Retail | Single Tenant | |
11.08 | CVS Pharmacy - Schaumburg, IL | MSMCH | 1855 West Irving Park Road | Schaumburg | IL | 60193 | Retail | Single Tenant | |
11.09 | Hobby Lobby - Odessa, TX | MSMCH | 4618 and 4642 East University Boulevard | Odessa | TX | 79762 | Retail | Single Tenant | |
11.10 | Tractor Supply - Toughkenamon, PA | MSMCH | 821 Newark Road | Toughkenamon | PA | 19374 | Retail | Single Tenant | |
11.11 | Walgreens - Harker Heights, TX | MSMCH | 400 East FM 2410 Road | Harker Heights | TX | 76548 | Retail | Single Tenant | |
11.12 | Fresenius Medical Care - Hephzibah, GA | MSMCH | 3801 Woodlake Drive | Hephzibah | GA | 30815 | Office | Medical | |
11.13 | Tractor Supply - Alexandria, LA | MSMCH | 3162 North MacArthur Drive | Alexandria | LA | 71303 | Retail | Single Tenant | |
11.14 | Dollar Tree - Brown Deer, WI | MSMCH | 9325 North Green Bay Road | Brown Deer | WI | 53209 | Retail | Single Tenant | |
11.15 | Dollar General - Odessa, TX | MSMCH | 1200 East 87th Street | Odessa | TX | 79765 | Retail | Single Tenant | |
11.16 | Dollar General - New Castle, PA | MSMCH | 813 North Croton Avenue | New Castle | PA | 16101 | Retail | Single Tenant | |
11.17 | Dollar General - Evansville, IN | MSMCH | 1015 East Mount Pleasant Road | Evansville | IN | 47725 | Retail | Single Tenant | |
11.18 | Dollar General - Harlingen, TX | MSMCH | 2001 and 2417 Rio Hondo Road a/k/a 2501 Rio Hondo Road | Harlingen | TX | 78550 | Retail | Single Tenant | |
12 | Coleman Highline | WFB | 1143 & 1155 Coleman Avenue | San Jose | CA | 95110 | Office | Suburban | |
13 | Fresh Pond Cambridge | MSMCH | 168-210 Alewife Brook Parkway | Cambridge | MA | 02138 | Retail | Anchored | |
14 | Holliswood Owners Corp. | NCB | 196-04 Pompeii Avenue and 87-09 Pompeii Avenue | Hollis | NY | 11423 | Multifamily | Cooperative | |
15 | Harvard West (Roseburg DHS Office) | MSMCH | 738 West Harvard Avenue | Roseburg | OR | 97471 | Office | Suburban | |
16 | 23000 Millcreek Boulevard | MSMCH | 23000 Millcreek Boulevard | Highland Hills | OH | 44122 | Office | Suburban | |
17 | Laguna Hills Self Storage | BANA | 23370 Moulton Parkway | Laguna Hills | CA | 92653 | Self Storage | Self Storage | |
18 | Newport Court | BANA | 16700 Aston Street, 1771 & 1791 Deere Avenue | Irvine | CA | 92606 | Industrial | Manufacturing | |
19 | EZ Storage Southfield Portfolio | WFB | Various | Southfield | MI | Various | Self Storage | Self Storage | |
19.01 | EZ Southfield | WFB | 30215 Southfield Road | Southfield | MI | 48076 | Self Storage | Self Storage | |
19.02 | EZ Evergreen | WFB | 24726 Evergreen Road | Southfield | MI | 48075 | Self Storage | Self Storage | |
20 | Naiman Industrial Portfolio | MSMCH | Various | Various | OH | Various | Industrial | Various | |
20.01 | Richmond Road Industrial | MSMCH | 26000, 26050, 26150 Richmond Road | Bedford Heights | OH | 44146 | Industrial | Flex |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Mortgage Loan Seller(1) | Cross Collateralized and Cross Defaulted Loan Flag | Address | City | State | Zip Code | General Property Type(2) | Specific Property Type(2) |
20.02 | Fargo Industrial | MSMCH | 26401 Fargo Avenue | Bedford Heights | OH | 44146 | Industrial | Warehouse | |
20.03 | Fargo Development | MSMCH | 26800, 26820 Fargo Avenue | Bedford Heights | OH | 44146 | Industrial | Flex | |
20.04 | Eastland Industrial | MSMCH | 6410 and 6430 Eastland Road | Brook Park | OH | 44142 | Industrial | Flex | |
21 | Mission Ridge - CA | WFB | 1011-1049 & 1161-1187 South Main Street | Manteca | CA | 95337 | Retail | Anchored | |
22 | All Aboard - 4 Property Portfolio | WFB | Various | Various | FL | Various | Various | Various | |
22.01 | Big Tree Depot | WFB | 409 Big Tree Road | South Daytona | FL | 32119 | Self Storage | Self Storage | |
22.02 | Daytona Depot | WFB | 145 North Charles Street | Daytona Beach | FL | 32114 | Self Storage | Self Storage | |
22.03 | Hand & Yonge | WFB | 321 Hand Avenue & 534 South Yonge Street | Ormond Beach | FL | 32174 | Self Storage | Self Storage | |
22.04 | Clark Office Building | WFB | 5111 South Ridgewood Avenue | Port Orange | FL | 32127 | Office | Suburban | |
23 | C.C. Filson World Headquarters | WFB | 1741 1st Avenue South | Seattle | WA | 98134 | Mixed Use | Office/Industrial/Retail | |
24 | 100 & 200 Westlake - CA | WFB | 100 & 200 North Westlake Boulevard | Westlake Village | CA | 91362 | Office | Suburban | |
25 | Guardian Storage Bridgeville | BANA | 1599 Washington Pike | Bridgeville | PA | 15017 | Self Storage | Self Storage | |
26 | East Manchester Village | WFB | 225-295 & 305 Glen Drive | East Manchester Township | PA | 17345 | Retail | Anchored | |
27 | 3900 Kinross | MSMCH | 3900 Kinross Lakes Parkway | Richfield | OH | 44286 | Office | Suburban | |
28 | Guardian Storage Fox Chapel | BANA | 1390 Old Freeport Road | Pittsburgh | PA | 15238 | Self Storage | Self Storage | |
29 | Apple Cupertino | MSMCH | 10475 Bandley Drive | Cupertino | CA | 95014 | Office | Suburban | |
30 | Amazon - Hazleton, PA | BANA | 2150 North Park Drive | Hazleton | PA | 18202 | Industrial | Warehouse Distribution | |
31 | Walgreens Anchorage AK | MSMCH | 725 East Northern Lights Boulevard | Anchorage | AK | 99503 | Retail | Single Tenant | |
32 | Sunset Hills | MSMCH | 8475, 8485 and 8495 West Sunset Road | Las Vegas | NV | 89113 | Office | Suburban | |
33 | 440 East 62nd St. Owners Corp. | NCB | 440 East 62nd Street | New York | NY | 10065 | Multifamily | Cooperative | |
34 | Quinnipiac Gardens | MSMCH | 1 Quinnipiac Court aka 1314 Quinnipiac Avenue | New Haven | CT | 06513 | Multifamily | Garden | |
35 | Walgreens - Fresno | WFB | 626 South Clovis Avenue | Fresno | CA | 93727 | Retail | Single Tenant | |
36 | Walgreens - Glenview | WFB | 2871 Pfingsten Road | Glenview | IL | 60026 | Retail | Single Tenant | |
37 | A1 Access Self Storage | MSMCH | 66 Wrightstown Cookstown Road | New Hanover | NJ | 08511 | Self Storage | Self Storage | |
38 | 1049 5th Avenue | MSMCH | 1049 Fifth Avenue | New York | NY | 10028 | Office | Medical | |
39 | Hemet Self Storage | WFB | 1180 North State Street | Hemet | CA | 92543 | Self Storage | Self Storage | |
40 | Katy Station Business Park and West Belt | MSMCH | Various | Various | TX | Various | Various | Various | |
40.01 | West Belt Business Park | MSMCH | 5829 West Sam Houston Parkway North | Houston | TX | 77041 | Industrial | Flex | |
40.02 | Katy Station | MSMCH | 1806 and 1812 Avenue D | Katy | TX | 77493 | Mixed Use | Industrial/Retail | |
41 | 45-26 44th Street | BANA | 45-26 44th Street | Sunnyside | NY | 11104 | Multifamily | Mid Rise | |
42 | 25 West 13th Corp. | NCB | 25 West 13th Street | New York | NY | 10011 | Multifamily | Cooperative | |
43 | Jackson 34 Realty Corp. | NCB | 82-06 34th Avenue | Jackson Heights | NY | 11372 | Multifamily | Cooperative | |
44 | 980 Fifth Avenue | WFB | 980 5th Avenue | San Rafael | CA | 94901 | Office | Suburban | |
45 | Rent A Space Dunbar | MSMCH | 2727 Fairlawn Avenue | Dunbar | WV | 25064 | Self Storage | Self Storage | |
46 | 365 Bronx River Road Owners, Inc. | NCB | 365 Bronx River Road | Yonkers | NY | 10704 | Multifamily | Cooperative | |
47 | Ottawa Kansas MHC Portfolio | BANA | Various | Ottawa | KS | 66067 | Manufactured Housing Community | Manufactured Housing Community | |
47.01 | Acres Estates | BANA | 520 and 601 South Burroughs Street | Ottawa | KS | 66067 | Manufactured Housing Community | Manufactured Housing Community | |
47.02 | Cherrywood Estates | BANA | 711 East Garfield Street | Ottawa | KS | 66067 | Manufactured Housing Community | Manufactured Housing Community | |
48 | Hawthorn Self Storage | MSMCH | 80 and 100 West Terra Cotta Avenue; 28934 North Darrell Road and 28976 North Darrell Road | Crystal Lake; Island Lake | IL | 60014; 60042 | Self Storage | Self Storage | |
49 | 3111 Tenant’s Corp. a/k/a 3111 Tenants Corp. | NCB | 3111 Brighton 2nd Street | Brooklyn | NY | 11235 | Multifamily | Cooperative | |
50 | Michelle Tenants Corp. | NCB | 210-50 41st Avenue | Bayside | NY | 11361 | Multifamily | Cooperative | |
51 | Plaza East Owners Corp. | NCB | 5 Schenck Avenue a/k/a 1 Barstow Road | Great Neck | NY | 11021 | Multifamily | Cooperative | |
52 | Rugby Road Owners Corp. | NCB | 390 Rugby Road | Brooklyn | NY | 11226 | Multifamily | Cooperative | |
53 | 575 Riverhouse Corp. | NCB | 575 Riverside Drive | New York | NY | 10031 | Multifamily | Cooperative | |
54 | 424 East 57th Street Tenants Corp. | NCB | 424 East 57th Street | New York | NY | 10022 | Multifamily | Cooperative | |
55 | Walgreens – Laurel | WFB | 600 Washington Boulevard | Laurel | MD | 20707 | Other | Leased Fee | |
56 | 599 Wea Owners Corp. | NCB | 599 West End Avenue a/k/a 300 West 89th Street | New York | NY | 10024 | Multifamily | Cooperative | |
57 | 30-40 Fleetwood Avenue Apartment Corp. | NCB | 30-40 Fleetwood Avenue | Mt. Vernon | NY | 10552 | Multifamily | Cooperative | |
58 | 57 Thompson Corp. | NCB | 57 Thompson Street | New York | NY | 10012 | Multifamily | Cooperative | |
59 | 2 W. 90th St. Housing Corp. | NCB | 2 West 90th Street | New York | NY | 10025 | Multifamily | Cooperative | |
60 | Grand Liberte Cooperative, Inc. | NCB | 96 Grand Street | New York | NY | 10013 | Multifamily | Cooperative | |
61 | 362 West Broadway Cooperative Corp. | NCB | 362 West Broadway | New York | NY | 10013 | Multifamily | Cooperative |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Year Built | Year Renovated | Number of Units(3) | Unit of Measure | Cut-off Date Balance Per Unit/SF | Original Balance ($) | Cut-off Date Balance ($) | % of Aggregate Cut-off Date Balance | Maturity Date or ARD Balloon Payment ($) | ARD Loan | Origination Date | First Pay Date | Last IO Pay Date | First P&I Pay Date | Maturity Date or Anticipated Repayment Date |
1 | McClellan Park | 1938 | 2019 | 6,925,484 | Sq. Ft. | 52 | 90,000,000 | 90,000,000 | 9.9% | 90,000,000 | N | 11/13/2020 | 1/11/2021 | 12/11/2030 | 12/11/2030 | |
2 | 605 Third Avenue | 1965 | 2018 | 1,027,736 | Sq. Ft. | 225 | 80,000,000 | 80,000,000 | 8.8% | 80,000,000 | N | 11/20/2020 | 1/5/2021 | 12/5/2030 | 12/5/2030 | |
3 | Miami Design District | 2014 | 497,094 | Sq. Ft. | 805 | 80,000,000 | 80,000,000 | 8.8% | 80,000,000 | N | 2/28/2020 | 4/1/2020 | 3/1/2030 | 3/1/2030 | ||
4 | ExchangeRight Net Leased Portfolio #42 | Various | Various | 222,970 | Sq. Ft. | 182 | 40,495,000 | 40,495,000 | 4.5% | 40,495,000 | N | 12/22/2020 | 2/1/2021 | 1/1/2031 | 1/1/2031 | |
4.01 | Walmart Neighborhood Market - Huntsville (Bailey Cove), AL | 2016 | 43,101 | Sq. Ft. | 7,397,567 | 7,397,567 | 0.8% | |||||||||
4.02 | Walmart Neighborhood Market - Theodore (Theodore), AL | 2016 | 42,661 | Sq. Ft. | 6,939,040 | 6,939,040 | 0.8% | |||||||||
4.03 | Walgreens - Peoria (Pioneer), IL | 2001 | 14,490 | Sq. Ft. | 3,851,626 | 3,851,626 | 0.4% | |||||||||
4.04 | Tractor Supply - Kennesaw (Blue Spring), GA | 2020 | 19,156 | Sq. Ft. | 3,622,362 | 3,622,362 | 0.4% | |||||||||
4.05 | Walgreens - Bettendorf (Middle), IA | 2003 | 14,503 | Sq. Ft. | 3,545,941 | 3,545,941 | 0.4% | |||||||||
4.06 | Walgreens - Dallas (Ledbetter), TX | 2000 | 15,047 | Sq. Ft. | 3,545,941 | 3,545,941 | 0.4% | |||||||||
4.07 | Walgreens - Fort Worth (28th), TX | 2000 | 15,047 | Sq. Ft. | 2,568,713 | 2,568,713 | 0.3% | |||||||||
4.08 | CVS Pharmacy - Forest Park (Forest), GA | 1997 | 10,125 | Sq. Ft. | 1,834,108 | 1,834,108 | 0.2% | |||||||||
4.09 | Fresenius Medical Care - Oshkosh (Omro), WI | 2019 | 7,243 | Sq. Ft. | 1,803,539 | 1,803,539 | 0.2% | |||||||||
4.10 | Family Dollar - Syracuse (Salina), NY | 2016 | 8,320 | Sq. Ft. | 1,345,012 | 1,345,012 | 0.1% | |||||||||
4.11 | Family Dollar - Lebanon (Maple), PA | 2017 | 8,320 | Sq. Ft. | 1,283,875 | 1,283,875 | 0.1% | |||||||||
4.12 | Dollar General - Alvin (FM 1462), TX | 2020 | 9,026 | Sq. Ft. | 978,191 | 978,191 | 0.1% | |||||||||
4.13 | Dollar General - Liverpool (Oswego), NY | 2015 | 2020 | 6,831 | Sq. Ft. | 917,054 | 917,054 | 0.1% | ||||||||
4.14 | Dollar General - Cleburne (County Rd 427A), TX | 2018 | 9,100 | Sq. Ft. | 862,031 | 862,031 | 0.1% | |||||||||
5 | 250 West 57th Street | 1921 | 2017-2020 | 543,743 | Sq. Ft. | 331 | 38,000,000 | 38,000,000 | 4.2% | 38,000,000 | N | 11/12/2020 | 1/1/2021 | 12/1/2030 | 12/1/2030 | |
6 | ExchangeRight REIT 2 | Various | Various | 289,623 | Sq. Ft. | 130 | 37,564,000 | 37,564,000 | 4.1% | 37,564,000 | N | 12/24/2020 | 2/11/2021 | 1/11/2031 | 1/11/2031 | |
6.01 | Walmart Neighborhood Market - Huntsville | 2016 | 41,951 | Sq. Ft. | 7,964,878 | 7,964,878 | 0.9% | |||||||||
6.02 | Biolife - Las Vegas | 1999 | 2020 | 15,450 | Sq. Ft. | 6,988,944 | 6,988,944 | 0.8% | ||||||||
6.03 | Kroger - Farmington | 1972 | 2017 | 43,909 | Sq. Ft. | 5,918,565 | 5,918,565 | 0.7% | ||||||||
6.04 | Hobby Lobby - Greenville | 2016 | 55,060 | Sq. Ft. | 5,131,522 | 5,131,522 | 0.6% | |||||||||
6.05 | Kroger - Fort Wayne | 1988 | 1999 | 60,782 | Sq. Ft. | 4,766,334 | 4,766,334 | 0.5% | ||||||||
6.06 | Dollar Tree - Fort Wayne | 1988 | 1999 | 10,000 | Sq. Ft. | 938,156 | 938,156 | 0.1% | ||||||||
6.07 | Dollar General - Houston | 2011 | 8,373 | Sq. Ft. | 912,970 | 912,970 | 0.1% | |||||||||
6.08 | Family Dollar - Memphis | 2012 | 9,255 | Sq. Ft. | 912,970 | 912,970 | 0.1% | |||||||||
6.09 | Family Dollar - Commerce City | 1999 | 8,017 | Sq. Ft. | 912,970 | 912,970 | 0.1% | |||||||||
6.10 | Family Dollar - Columbus | 2011 | 8,505 | Sq. Ft. | 818,525 | 818,525 | 0.1% | |||||||||
6.11 | Dollar General - OKC | 2012 | 8,549 | Sq. Ft. | 818,525 | 818,525 | 0.1% | |||||||||
6.12 | Dollar General - Chicago | 1954 | 2012 | 9,692 | Sq. Ft. | 787,043 | 787,043 | 0.1% | ||||||||
6.13 | Family Dollar - Beaumont | 2011 | 10,080 | Sq. Ft. | 692,598 | 692,598 | 0.1% | |||||||||
7 | U-Haul AREC Portfolio 43 | Various | Various | 410,161 | Sq. Ft. | 90 | 37,000,000 | 36,917,578 | 4.1% | 25,349,579 | Y | 12/23/2020 | 2/1/2021 | 2/1/2021 | 1/1/2031 | |
7.01 | U-Haul Moving & Storage at Joe Battle & I-10 | 2013 | 80,426 | Sq. Ft. | 8,144,654 | 8,126,511 | 0.9% | |||||||||
7.02 | U-Haul Moving & Storage of North Smithfield | 1980 | 2017 | 44,831 | Sq. Ft. | 6,100,000 | 6,086,411 | 0.7% | ||||||||
7.03 | U-Haul Moving & Storage of Downtown Waterbury | 2002 | 61,320 | Sq. Ft. | 5,374,441 | 5,362,469 | 0.6% | |||||||||
7.04 | U-Haul Moving & Storage of the White Mountains | 1984 | 65,625 | Sq. Ft. | 5,044,000 | 5,032,764 | 0.6% | |||||||||
7.05 | U-Haul Moving & Storage of Wapato Park | 1963 | 2016 | 42,595 | Sq. Ft. | 4,300,000 | 4,290,421 | 0.5% | ||||||||
7.06 | U-Haul of Moultonborough Self-Storage | 2000 | 30,000 | Sq. Ft. | 2,100,000 | 2,095,322 | 0.2% | |||||||||
7.07 | U-Haul Moving & Storage of Downtown Grand Rapids | 1920 | 2017 | 22,090 | Sq. Ft. | 1,972,928 | 1,968,533 | 0.2% | ||||||||
7.08 | U-Haul Moving & Storage of Canton | 1950 | 20,062 | Sq. Ft. | 1,448,933 | 1,445,705 | 0.2% | |||||||||
7.09 | U-Haul Storage of Twin Falls | 1981 | 35,120 | Sq. Ft. | 1,095,044 | 1,092,605 | 0.1% | |||||||||
7.10 | U-Haul Moving & Storage of Twin Falls | 1969 | 8,092 | Sq. Ft. | 1,020,000 | 1,017,728 | 0.1% | |||||||||
7.11 | U-Haul at 12th & L | 1960 | 400,000 | 399,109 | 0.0% | |||||||||||
8 | McDonald’s Global HQ | 2018 | 575,018 | Sq. Ft. | 292 | 35,000,000 | 34,555,371 | 3.8% | 14,210,616 | N | 10/29/2020 | 12/1/2020 | 12/1/2020 | 11/1/2030 | ||
9 | Inland SE Self Storage Portfolio | Various | Various | 407,213 | Sq. Ft. | 80 | 32,600,000 | 32,600,000 | 3.6% | 28,994,381 | N | 12/15/2020 | 2/11/2021 | 1/11/2026 | 2/11/2026 | 1/11/2031 |
9.01 | Life Storage - 708 | 1987 | 76,180 | Sq. Ft. | 7,550,000 | 7,550,000 | 0.8% | |||||||||
9.02 | Life Storage - 797 | 1986 | 93,465 | Sq. Ft. | 7,200,000 | 7,200,000 | 0.8% | |||||||||
9.03 | Life Storage - 798 | 1997 | 68,225 | Sq. Ft. | 7,000,000 | 7,000,000 | 0.8% | |||||||||
9.04 | Devon Self Storage | 2006 | 2011 | 102,775 | Sq. Ft. | 5,650,000 | 5,650,000 | 0.6% | ||||||||
9.05 | Life Storage - 701 | 1994 | 66,568 | Sq. Ft. | 5,200,000 | 5,200,000 | 0.6% | |||||||||
10 | 350 Holger Way | 1999 | 2019 | 96,502 | Sq. Ft. | 320 | 30,900,000 | 30,900,000 | 3.4% | 30,900,000 | N | 12/23/2020 | 2/11/2021 | 1/11/2031 | 1/11/2031 | |
11 | ExchangeRight Net Leased Portfolio #41 | Various | Various | 332,181 | Sq. Ft. | 200 | 26,338,000 | 26,338,000 | 2.9% | 26,338,000 | N | 11/24/2020 | 1/1/2021 | 12/1/2030 | 12/1/2030 | |
11.01 | Dignity Health - Glendale, AZ | 2019 | 11,060 | Sq. Ft. | 3,714,208 | 3,714,208 | 0.4% | |||||||||
11.02 | Walmart Neighborhood Market - Mobile, AL | 2015 | 41,920 | Sq. Ft. | 3,166,210 | 3,166,210 | 0.3% | |||||||||
11.03 | Walmart Neighborhood Market - Forest, VA | 2015 | 41,117 | Sq. Ft. | 3,093,144 | 3,093,144 | 0.3% | |||||||||
11.04 | BioLife Plasma Services L.P. - Avondale, AZ | 2020 | 14,410 | Sq. Ft. | 2,545,146 | 2,545,146 | 0.3% | |||||||||
11.05 | BioLife Plasma Services L.P. - Richmond, VA | 1998 | 2020 | 11,269 | Sq. Ft. | 2,143,281 | 2,143,281 | 0.2% | ||||||||
11.06 | Natural Grocers - Little Rock, AR | 2015 | 15,000 | Sq. Ft. | 1,555,097 | 1,555,097 | 0.2% | |||||||||
11.07 | Walgreens - Columbus, OH | 2000 | 2018 | 15,120 | Sq. Ft. | 1,376,084 | 1,376,084 | 0.2% | ||||||||
11.08 | CVS Pharmacy - Schaumburg, IL | 2005 | 13,013 | Sq. Ft. | 1,266,484 | 1,266,484 | 0.1% | |||||||||
11.09 | Hobby Lobby - Odessa, TX | 1982 | 62,812 | Sq. Ft. | 1,242,129 | 1,242,129 | 0.1% | |||||||||
11.10 | Tractor Supply - Toughkenamon, PA | 2018 | 19,097 | Sq. Ft. | 1,217,773 | 1,217,773 | 0.1% | |||||||||
11.11 | Walgreens - Harker Heights, TX | 2006 | 14,820 | Sq. Ft. | 1,217,773 | 1,217,773 | 0.1% | |||||||||
11.12 | Fresenius Medical Care - Hephzibah, GA | 2015 | 6,192 | Sq. Ft. | 874,361 | 874,361 | 0.1% | |||||||||
11.13 | Tractor Supply - Alexandria, LA | 2008 | 19,097 | Sq. Ft. | 837,828 | 837,828 | 0.1% | |||||||||
11.14 | Dollar Tree - Brown Deer, WI | 2020 | 9,560 | Sq. Ft. | 487,109 | 487,109 | 0.1% | |||||||||
11.15 | Dollar General - Odessa, TX | 2019 | 10,566 | Sq. Ft. | 456,665 | 456,665 | 0.1% | |||||||||
11.16 | Dollar General - New Castle, PA | 2019 | 9,100 | Sq. Ft. | 389,688 | 389,688 | 0.0% | |||||||||
11.17 | Dollar General - Evansville, IN | 2020 | 9,026 | Sq. Ft. | 377,510 | 377,510 | 0.0% | |||||||||
11.18 | Dollar General - Harlingen, TX | 2020 | 9,002 | Sq. Ft. | 377,510 | 377,510 | 0.0% | |||||||||
12 | Coleman Highline | 2017 | 357,106 | Sq. Ft. | 470 | 22,000,000 | 22,000,000 | 2.4% | 22,000,000 | Y | 10/30/2020 | 12/6/2020 | 11/6/2030 | 11/6/2030 | ||
13 | Fresh Pond Cambridge | 1950-1978 | 226,730 | Sq. Ft. | 221 | 20,000,000 | 20,000,000 | 2.2% | 20,000,000 | N | 10/27/2020 | 12/1/2020 | 11/1/2030 | 11/1/2030 | ||
14 | Holliswood Owners Corp. | 1949 | 2006 | 262 | Units | 76,211 | 20,000,000 | 19,967,346 | 2.2% | 15,293,479 | N | 12/29/2020 | 2/1/2021 | 2/1/2021 | 1/1/2031 | |
15 | Harvard West (Roseburg DHS Office) | 1979 | 2016 | 80,798 | Sq. Ft. | 223 | 18,000,000 | 18,000,000 | 2.0% | 18,000,000 | N | 11/13/2020 | 1/1/2021 | 12/1/2030 | 12/1/2030 | |
16 | 23000 Millcreek Boulevard | 1997 | 2019 | 154,876 | Sq. Ft. | 110 | 17,000,000 | 17,000,000 | 1.9% | 17,000,000 | N | 12/23/2020 | 2/5/2021 | 1/5/2031 | 1/5/2031 | |
17 | Laguna Hills Self Storage | 1986 | 97,486 | Sq. Ft. | 169 | 16,500,000 | 16,500,000 | 1.8% | 16,500,000 | N | 12/22/2020 | 2/1/2021 | 1/1/2031 | 1/1/2031 | ||
18 | Newport Court | 1973 | 2000 | 212,283 | Sq. Ft. | 71 | 15,000,000 | 15,000,000 | 1.7% | 15,000,000 | N | 1/15/2021 | 3/1/2021 | 2/1/2031 | 2/1/2031 | |
19 | EZ Storage Southfield Portfolio | Various | 154,834 | Sq. Ft. | 97 | 15,000,000 | 15,000,000 | 1.7% | 12,843,429 | N | 12/22/2020 | 2/11/2021 | 1/11/2024 | 2/11/2024 | 1/11/2031 | |
19.01 | EZ Southfield | 2017 | 77,384 | Sq. Ft. | 7,520,000 | 7,520,000 | 0.8% | |||||||||
19.02 | EZ Evergreen | 2007 | 77,450 | Sq. Ft. | 7,480,000 | 7,480,000 | 0.8% | |||||||||
20 | Naiman Industrial Portfolio | Various | Various | 573,554 | Sq. Ft. | 25 | 14,500,000 | 14,500,000 | 1.6% | 14,500,000 | N | 1/14/2021 | 3/1/2021 | 2/1/2031 | 2/1/2031 | |
20.01 | Richmond Road Industrial | 1966, 1969, 1984 | 2018-2020 | 330,479 | Sq. Ft. | 7,853,000 | 7,853,000 | 0.9% |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Year Built | Year Renovated | Number of Units(3) | Unit of Measure | Cut-off Date Balance Per Unit/SF | Original Balance ($) | Cut-off Date Balance ($) | % of Aggregate Cut-off Date Balance | Maturity Date or ARD Balloon Payment ($) | ARD Loan | Origination Date | First Pay Date | Last IO Pay Date | First P&I Pay Date | Maturity Date or Anticipated Repayment Date |
20.02 | Fargo Industrial | 1976 | 2019 | 83,380 | Sq. Ft. | 2,649,000 | 2,649,000 | 0.3% | ||||||||
20.03 | Fargo Development | 1980 | 88,522 | Sq. Ft. | 2,348,000 | 2,348,000 | 0.3% | |||||||||
20.04 | Eastland Industrial | 1979 | 2018 | 71,173 | Sq. Ft. | 1,650,000 | 1,650,000 | 0.2% | ||||||||
21 | Mission Ridge - CA | 1992 | 96,465 | Sq. Ft. | 149 | 14,400,000 | 14,400,000 | 1.6% | 12,280,634 | N | 9/30/2020 | 11/11/2020 | 10/11/2023 | 11/11/2023 | 10/11/2030 | |
22 | All Aboard - 4 Property Portfolio | Various | 182,701 | Sq. Ft. | 75 | 13,700,000 | 13,679,202 | 1.5% | 10,626,254 | N | 12/23/2020 | 2/11/2021 | 2/11/2021 | 1/11/2031 | ||
22.01 | Big Tree Depot | 1961 | 53,895 | Sq. Ft. | 5,400,000 | 5,391,802 | 0.6% | |||||||||
22.02 | Daytona Depot | 1973 | 61,247 | Sq. Ft. | 3,850,000 | 3,844,155 | 0.4% | |||||||||
22.03 | Hand & Yonge | 1983 | 38,868 | Sq. Ft. | 2,450,000 | 2,446,281 | 0.3% | |||||||||
22.04 | Clark Office Building | 2003 | 28,691 | Sq. Ft. | 2,000,000 | 1,996,964 | 0.2% | |||||||||
23 | C.C. Filson World Headquarters | 1921 | 2015 | 51,284 | Sq. Ft. | 255 | 13,100,000 | 13,100,000 | 1.4% | 13,100,000 | N | 1/20/2021 | 3/11/2021 | 2/11/2031 | 2/11/2031 | |
24 | 100 & 200 Westlake - CA | 1980 | 69,717 | Sq. Ft. | 166 | 11,570,000 | 11,570,000 | 1.3% | 11,570,000 | N | 12/17/2020 | 2/11/2021 | 1/11/2031 | 1/11/2031 | ||
25 | Guardian Storage Bridgeville | 2002 | 93,875 | Sq. Ft. | 123 | 11,505,000 | 11,505,000 | 1.3% | 11,505,000 | N | 12/16/2020 | 2/1/2021 | 1/1/2031 | 1/1/2031 | ||
26 | East Manchester Village | 1995 | 2009 | 123,224 | Sq. Ft. | 81 | 10,000,000 | 10,000,000 | 1.1% | 8,575,378 | N | 12/18/2020 | 2/11/2021 | 1/11/2024 | 2/11/2024 | 1/11/2031 |
27 | 3900 Kinross | 1998 | 2017 | 86,411 | Sq. Ft. | 115 | 9,900,000 | 9,900,000 | 1.1% | 8,259,740 | N | 12/23/2020 | 2/1/2021 | 7/1/2022 | 8/1/2022 | 1/1/2031 |
28 | Guardian Storage Fox Chapel | 2003 | 80,535 | Sq. Ft. | 115 | 9,230,000 | 9,230,000 | 1.0% | 9,230,000 | N | 12/16/2020 | 2/1/2021 | 1/1/2031 | 1/1/2031 | ||
29 | Apple Cupertino | 1981 | 30,065 | Sq. Ft. | 299 | 9,000,000 | 9,000,000 | 1.0% | 9,000,000 | N | 12/23/2020 | 2/1/2021 | 1/1/2031 | 1/1/2031 | ||
30 | Amazon - Hazleton, PA | 2019 | 69,300 | Sq. Ft. | 126 | 8,750,000 | 8,750,000 | 1.0% | 7,542,675 | N | 1/15/2021 | 3/1/2021 | 2/1/2024 | 3/1/2024 | 2/1/2031 | |
31 | Walgreens Anchorage AK | 2010 | 14,550 | Sq. Ft. | 581 | 8,450,000 | 8,450,000 | 0.9% | 8,450,000 | N | 12/2/2020 | 2/1/2021 | 1/1/2031 | 1/1/2031 | ||
32 | Sunset Hills | 2007, 2017, 2020 | 64,187 | Sq. Ft. | 125 | 8,000,000 | 8,000,000 | 0.9% | 8,000,000 | N | 12/21/2020 | 2/1/2021 | 1/1/2031 | 1/1/2031 | ||
33 | 440 East 62nd St. Owners Corp. | 1960 | 1995 | 134 | Units | 52,239 | 7,000,000 | 7,000,000 | 0.8% | 7,000,000 | N | 1/12/2021 | 3/1/2021 | 2/1/2031 | 2/1/2031 | |
34 | Quinnipiac Gardens | 1961 | 71 | Units | 84,507 | 6,000,000 | 6,000,000 | 0.7% | 5,165,854 | N | 12/23/2020 | 2/1/2021 | 1/1/2024 | 2/1/2024 | 1/1/2031 | |
35 | Walgreens - Fresno | 2001 | 15,120 | Sq. Ft. | 377 | 5,700,000 | 5,700,000 | 0.6% | 5,700,000 | N | 12/31/2020 | 2/11/2021 | 1/11/2031 | 1/11/2031 | ||
36 | Walgreens - Glenview | 1991 | 2014 | 15,167 | Sq. Ft. | 330 | 5,000,000 | 5,000,000 | 0.6% | 5,000,000 | N | 12/21/2020 | 2/11/2021 | 1/11/2031 | 1/11/2031 | |
37 | A1 Access Self Storage | 1995/2006 | 66,795 | Sq. Ft. | 70 | 4,650,000 | 4,650,000 | 0.5% | 3,830,524 | N | 12/15/2020 | 2/1/2021 | 1/1/2023 | 2/1/2023 | 1/1/2031 | |
38 | 1049 5th Avenue | 1928 | 2016 | 7,751 | Sq. Ft. | 581 | 4,500,000 | 4,500,000 | 0.5% | 4,500,000 | N | 12/30/2020 | 2/1/2021 | 1/1/2031 | 1/1/2031 | |
39 | Hemet Self Storage | 1985 | 77,746 | Sq. Ft. | 57 | 4,400,000 | 4,400,000 | 0.5% | 4,400,000 | N | 12/1/2020 | 1/11/2021 | 12/11/2030 | 12/11/2030 | ||
40 | Katy Station Business Park and West Belt | Various | 65,632 | Sq. Ft. | 62 | 4,095,000 | 4,095,000 | 0.5% | 4,095,000 | N | 12/10/2020 | 2/1/2021 | 1/1/2031 | 1/1/2031 | ||
40.01 | West Belt Business Park | 2004 | 38,565 | Sq. Ft. | 2,394,000 | 2,394,000 | 0.3% | |||||||||
40.02 | Katy Station | 1999, 2006 | 27,067 | Sq. Ft. | 1,701,000 | 1,701,000 | 0.2% | |||||||||
41 | 45-26 44th Street | 1929 | 2019 | 46 | Units | 83,696 | 3,850,000 | 3,850,000 | 0.4% | 3,850,000 | N | 12/10/2020 | 2/1/2021 | 1/1/2031 | 1/1/2031 | |
42 | 25 West 13th Corp. | 1958 | 1999 | 181 | Units | 20,718 | 3,750,000 | 3,750,000 | 0.4% | 11,097 | N | 1/13/2021 | 3/1/2021 | 3/1/2021 | 2/1/2031 | |
43 | Jackson 34 Realty Corp. | 1928 | 2008 | 96 | Units | 36,458 | 3,500,000 | 3,500,000 | 0.4% | 3,500,000 | N | 12/29/2020 | 2/1/2021 | 1/1/2031 | 1/1/2031 | |
44 | 980 Fifth Avenue | 1980 | 1999 | 10,993 | Sq. Ft. | 318 | 3,500,000 | 3,500,000 | 0.4% | 3,500,000 | N | 12/11/2020 | 1/11/2021 | 12/11/2030 | 12/11/2030 | |
45 | Rent A Space Dunbar | 1981 | 73,485 | Sq. Ft. | 45 | 3,307,500 | 3,307,500 | 0.4% | 2,846,255 | N | 12/11/2020 | 2/1/2021 | 1/1/2024 | 2/1/2024 | 1/1/2031 | |
46 | 365 Bronx River Road Owners, Inc. | 1958 | 2010 | 87 | Units | 34,483 | 3,000,000 | 3,000,000 | 0.3% | 3,000,000 | N | 12/23/2020 | 2/1/2021 | 1/1/2031 | 1/1/2031 | |
47 | Ottawa Kansas MHC Portfolio | 1975 | 116 | Pads | 24,569 | 2,850,000 | 2,850,000 | 0.3% | 2,336,558 | N | 12/22/2020 | 2/1/2021 | 1/1/2022 | 2/1/2022 | 1/1/2031 | |
47.01 | Acres Estates | 1975 | 71 | Pads | 1,680,000 | 1,680,000 | 0.2% | |||||||||
47.02 | Cherrywood Estates | 1975 | 45 | Pads | 1,170,000 | 1,170,000 | 0.1% | |||||||||
48 | Hawthorn Self Storage | 1994 | 56,000 | Sq. Ft. | 50 | 2,827,500 | 2,827,500 | 0.3% | 2,827,500 | N | 1/4/2021 | 3/1/2021 | 2/1/2031 | 2/1/2031 | ||
49 | 3111 Tenant’s Corp. a/k/a 3111 Tenants Corp. | 1963 | 2004 | 51 | Units | 49,924 | 2,550,000 | 2,546,110 | 0.3% | 1,976,054 | N | 12/4/2020 | 2/1/2021 | 2/1/2021 | 1/1/2031 | |
50 | Michelle Tenants Corp. | 1963 | 2017 | 71 | Units | 35,156 | 2,500,000 | 2,496,101 | 0.3% | 1,929,072 | N | 12/29/2020 | 2/1/2021 | 2/1/2021 | 1/1/2031 | |
51 | Plaza East Owners Corp. | 1965 | 2000 | 51 | Units | 45,098 | 2,300,000 | 2,300,000 | 0.3% | 2,300,000 | N | 12/30/2020 | 2/1/2021 | 1/1/2031 | 1/1/2031 | |
52 | Rugby Road Owners Corp. | 1961 | 2005 | 49 | Units | 44,898 | 2,200,000 | 2,200,000 | 0.2% | 1,706,725 | N | 1/8/2021 | 3/1/2021 | 3/1/2021 | 2/1/2031 | |
53 | 575 Riverhouse Corp. | 1928 | 2000 | 43 | Units | 46,512 | 2,000,000 | 2,000,000 | 0.2% | 1,648,543 | N | 12/30/2020 | 2/1/2021 | 1/1/2023 | 2/1/2023 | 1/1/2031 |
54 | 424 East 57th Street Tenants Corp. | 1925 | 2010 | 23 | Units | 86,957 | 2,000,000 | 2,000,000 | 0.2% | 2,000,000 | N | 12/30/2020 | 2/1/2021 | 1/1/2031 | 1/1/2031 | |
55 | Walgreens – Laurel | 2013 | 14,772 | Sq. Ft. | 135 | 2,000,000 | 2,000,000 | 0.2% | 2,000,000 | N | 12/10/2020 | 1/11/2021 | 12/11/2030 | 12/11/2030 | ||
56 | 599 Wea Owners Corp. | 1924 | 2000 | 27 | Units | 73,959 | 2,000,000 | 1,996,906 | 0.2% | 1,545,659 | N | 12/29/2020 | 2/1/2021 | 2/1/2021 | 1/1/2031 | |
57 | 30-40 Fleetwood Avenue Apartment Corp. | 1954 | 2004 | 109 | Units | 15,596 | 1,700,000 | 1,700,000 | 0.2% | 1,312,736 | N | 1/13/2021 | 3/1/2021 | 3/1/2021 | 2/1/2031 | |
58 | 57 Thompson Corp. | 1894 | 2010 | 32 | Units | 53,045 | 1,700,000 | 1,697,433 | 0.2% | 1,319,902 | N | 12/23/2020 | 2/1/2021 | 2/1/2021 | 1/1/2031 | |
59 | 2 W. 90th St. Housing Corp. | 1906 | 2008 | 21 | Units | 61,905 | 1,300,000 | 1,300,000 | 0.1% | 1,300,000 | N | 12/29/2020 | 2/1/2021 | 1/1/2031 | 1/1/2031 | |
60 | Grand Liberte Cooperative, Inc. | 1868 | 2010 | 10 | Units | 109,836 | 1,100,000 | 1,098,359 | 0.1% | 856,016 | N | 12/29/2020 | 2/1/2021 | 2/1/2021 | 1/1/2031 | |
61 | 362 West Broadway Cooperative Corp. | 1892 | 2008 | 8 | Units | 125,000 | 1,000,000 | 1,000,000 | 0.1% | 1,000,000 | N | 12/15/2020 | 2/1/2021 | 1/1/2031 | 1/1/2031 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | ARD Loan Maturity Date | Gross Mortgage Rate | Operating Advisor Fee | Certificate Administrator Fee Rate | Servicing Fee | CREFC® IP Royalty License Fee Rate | Asset Representations Reviewer Fee Rate | Net Mortgage Rate | Interest Accrual Method | Monthly P&I Payment ($)(4) | Amortization Type | Interest Accrual Method During IO | Original Term to Maturity or ARD (Mos.)(5) | Remaining Term to Maturity or ARD (Mos.)(5) |
1 | McClellan Park | 3.30900% | 0.00142% | 0.00851% | 0.00375% | 0.00050% | 0.00028% | 3.29454% | Actual/360 | 251,621.88 | Interest-only, Balloon | Actual/360 | 120 | 118 | |
2 | 605 Third Avenue | 1.93752% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 1.92181% | Actual/360 | 130,962.00 | Interest-only, Balloon | Actual/360 | 120 | 118 | |
3 | Miami Design District | 4.13250% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 4.11679% | Actual/360 | 279,326.39 | Interest-only, Balloon | Actual/360 | 120 | 109 | |
4 | ExchangeRight Net Leased Portfolio #42 | 3.41208% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.39637% | Actual/360 | 116,742.80 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
4.01 | Walmart Neighborhood Market - Huntsville (Bailey Cove), AL | ||||||||||||||
4.02 | Walmart Neighborhood Market - Theodore (Theodore), AL | ||||||||||||||
4.03 | Walgreens - Peoria (Pioneer), IL | ||||||||||||||
4.04 | Tractor Supply - Kennesaw (Blue Spring), GA | ||||||||||||||
4.05 | Walgreens - Bettendorf (Middle), IA | ||||||||||||||
4.06 | Walgreens - Dallas (Ledbetter), TX | ||||||||||||||
4.07 | Walgreens - Fort Worth (28th), TX | ||||||||||||||
4.08 | CVS Pharmacy - Forest Park (Forest), GA | ||||||||||||||
4.09 | Fresenius Medical Care - Oshkosh (Omro), WI | ||||||||||||||
4.10 | Family Dollar - Syracuse (Salina), NY | ||||||||||||||
4.11 | Family Dollar - Lebanon (Maple), PA | ||||||||||||||
4.12 | Dollar General - Alvin (FM 1462), TX | ||||||||||||||
4.13 | Dollar General - Liverpool (Oswego), NY | ||||||||||||||
4.14 | Dollar General - Cleburne (County Rd 427A), TX | ||||||||||||||
5 | 250 West 57th Street | 2.82900% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 2.81329% | Actual/360 | 90,829.24 | Interest-only, Balloon | Actual/360 | 120 | 118 | |
6 | ExchangeRight REIT 2 | 3.45200% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.43629% | Actual/360 | 109,559.93 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
6.01 | Walmart Neighborhood Market - Huntsville | ||||||||||||||
6.02 | Biolife - Las Vegas | ||||||||||||||
6.03 | Kroger - Farmington | ||||||||||||||
6.04 | Hobby Lobby - Greenville | ||||||||||||||
6.05 | Kroger - Fort Wayne | ||||||||||||||
6.06 | Dollar Tree - Fort Wayne | ||||||||||||||
6.07 | Dollar General - Houston | ||||||||||||||
6.08 | Family Dollar - Memphis | ||||||||||||||
6.09 | Family Dollar - Commerce City | ||||||||||||||
6.10 | Family Dollar - Columbus | ||||||||||||||
6.11 | Dollar General - OKC | ||||||||||||||
6.12 | Dollar General - Chicago | ||||||||||||||
6.13 | Family Dollar - Beaumont | ||||||||||||||
7 | U-Haul AREC Portfolio 43 | 1/1/2046 | 2.80000% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 2.78429% | Actual/360 | 171,633.56 | Amortizing ARD | 120 | 119 | |
7.01 | U-Haul Moving & Storage at Joe Battle & I-10 | ||||||||||||||
7.02 | U-Haul Moving & Storage of North Smithfield | ||||||||||||||
7.03 | U-Haul Moving & Storage of Downtown Waterbury | ||||||||||||||
7.04 | U-Haul Moving & Storage of the White Mountains | ||||||||||||||
7.05 | U-Haul Moving & Storage of Wapato Park | ||||||||||||||
7.06 | U-Haul of Moultonborough Self-Storage | ||||||||||||||
7.07 | U-Haul Moving & Storage of Downtown Grand Rapids | ||||||||||||||
7.08 | U-Haul Moving & Storage of Canton | ||||||||||||||
7.09 | U-Haul Storage of Twin Falls | ||||||||||||||
7.10 | U-Haul Moving & Storage of Twin Falls | ||||||||||||||
7.11 | U-Haul at 12th & L | ||||||||||||||
8 | McDonald’s Global HQ | 2.93500% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 2.91929% | Actual/360 | 235,799.97 | Amortizing Balloon | 120 | 117 | ||
9 | Inland SE Self Storage Portfolio | 2.89100% | 0.00142% | 0.00851% | 0.02500% | 0.00050% | 0.00028% | 2.85529% | Actual/360 | 135,533.91 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | |
9.01 | Life Storage - 708 | ||||||||||||||
9.02 | Life Storage - 797 | ||||||||||||||
9.03 | Life Storage - 798 | ||||||||||||||
9.04 | Devon Self Storage | ||||||||||||||
9.05 | Life Storage - 701 | ||||||||||||||
10 | 350 Holger Way | 3.27900% | 0.00142% | 0.00851% | 0.02500% | 0.00050% | 0.00028% | 3.24329% | Actual/360 | 85,606.95 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
11 | ExchangeRight Net Leased Portfolio #41 | 3.20500% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.18929% | Actual/360 | 71,321.41 | Interest-only, Balloon | Actual/360 | 120 | 118 | |
11.01 | Dignity Health - Glendale, AZ | ||||||||||||||
11.02 | Walmart Neighborhood Market - Mobile, AL | ||||||||||||||
11.03 | Walmart Neighborhood Market - Forest, VA | ||||||||||||||
11.04 | BioLife Plasma Services L.P. - Avondale, AZ | ||||||||||||||
11.05 | BioLife Plasma Services L.P. - Richmond, VA | ||||||||||||||
11.06 | Natural Grocers - Little Rock, AR | ||||||||||||||
11.07 | Walgreens - Columbus, OH | ||||||||||||||
11.08 | CVS Pharmacy - Schaumburg, IL | ||||||||||||||
11.09 | Hobby Lobby - Odessa, TX | ||||||||||||||
11.10 | Tractor Supply - Toughkenamon, PA | ||||||||||||||
11.11 | Walgreens - Harker Heights, TX | ||||||||||||||
11.12 | Fresenius Medical Care - Hephzibah, GA | ||||||||||||||
11.13 | Tractor Supply - Alexandria, LA | ||||||||||||||
11.14 | Dollar Tree - Brown Deer, WI | ||||||||||||||
11.15 | Dollar General - Odessa, TX | ||||||||||||||
11.16 | Dollar General - New Castle, PA | ||||||||||||||
11.17 | Dollar General - Evansville, IN | ||||||||||||||
11.18 | Dollar General - Harlingen, TX | ||||||||||||||
12 | Coleman Highline | 11/6/2032 | 2.86750% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 2.85179% | Actual/360 | 53,300.98 | Interest-only, ARD | Actual/360 | 120 | 117 |
13 | Fresh Pond Cambridge | 3.15000% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.13429% | Actual/360 | 53,229.17 | Interest-only, Balloon | Actual/360 | 120 | 117 | |
14 | Holliswood Owners Corp. | 3.00000% | 0.00142% | 0.00851% | 0.08000% | 0.00050% | 0.00028% | 2.90929% | Actual/360 | 84,320.81 | Amortizing Balloon | 120 | 119 | ||
15 | Harvard West (Roseburg DHS Office) | 3.22000% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.20429% | Actual/360 | 48,970.83 | Interest-only, Balloon | Actual/360 | 120 | 118 | |
16 | 23000 Millcreek Boulevard | 2.70000% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 2.68429% | Actual/360 | 38,781.25 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
17 | Laguna Hills Self Storage | 3.04500% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.02929% | Actual/360 | 42,450.26 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
18 | Newport Court | 2.97000% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 2.95429% | Actual/360 | 37,640.63 | Interest-only, Balloon | Actual/360 | 120 | 120 | |
19 | EZ Storage Southfield Portfolio | 3.59100% | 0.00142% | 0.00851% | 0.03250% | 0.00050% | 0.00028% | 3.54779% | Actual/360 | 68,120.97 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | |
19.01 | EZ Southfield | ||||||||||||||
19.02 | EZ Evergreen | ||||||||||||||
20 | Naiman Industrial Portfolio | 3.81000% | 0.00142% | 0.00851% | 0.00650% | 0.00050% | 0.00028% | 3.79279% | Actual/360 | 46,676.91 | Interest-only, Balloon | Actual/360 | 120 | 120 | |
20.01 | Richmond Road Industrial |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | ARD Loan Maturity Date | Gross Mortgage Rate | Operating Advisor Fee | Certificate Administrator Fee Rate | Servicing Fee | CREFC® IP Royalty License Fee Rate | Asset Representations Reviewer Fee Rate | Net Mortgage Rate | Interest Accrual Method | Monthly P&I Payment ($)(4) | Amortization Type | Interest Accrual Method During IO | Original Term to Maturity or ARD (Mos.)(5) | Remaining Term to Maturity or ARD (Mos.)(5) |
20.02 | Fargo Industrial | ||||||||||||||
20.03 | Fargo Development | ||||||||||||||
20.04 | Eastland Industrial | ||||||||||||||
21 | Mission Ridge - CA | 3.43500% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.41929% | Actual/360 | 64,141.08 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 116 | |
22 | All Aboard - 4 Property Portfolio | 3.36400% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.34829% | Actual/360 | 60,483.79 | Amortizing Balloon | 120 | 119 | ||
22.01 | Big Tree Depot | ||||||||||||||
22.02 | Daytona Depot | ||||||||||||||
22.03 | Hand & Yonge | ||||||||||||||
22.04 | Clark Office Building | ||||||||||||||
23 | C.C. Filson World Headquarters | 3.62600% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.61029% | Actual/360 | 40,133.61 | Interest-only, Balloon | Actual/360 | 120 | 120 | |
24 | 100 & 200 Westlake - CA | 3.30700% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.29129% | Actual/360 | 32,327.84 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
25 | Guardian Storage Bridgeville | 3.38700% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.37129% | Actual/360 | 32,923.87 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
26 | East Manchester Village | 3.65100% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.63529% | Actual/360 | 45,751.59 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | |
27 | 3900 Kinross | 4.13500% | 0.00142% | 0.00851% | 0.00850% | 0.00050% | 0.00028% | 4.11579% | Actual/360 | 48,037.86 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | |
28 | Guardian Storage Fox Chapel | 3.38700% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.37129% | Actual/360 | 26,413.50 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
29 | Apple Cupertino | 3.48000% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.46429% | Actual/360 | 26,462.50 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
30 | Amazon - Hazleton, PA | 3.86000% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.84429% | Actual/360 | 41,070.71 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 120 | |
31 | Walgreens Anchorage AK | 3.60000% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.58429% | Actual/360 | 25,702.08 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
32 | Sunset Hills | 3.19000% | 0.00142% | 0.00851% | 0.01000% | 0.00050% | 0.00028% | 3.16929% | Actual/360 | 21,562.04 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
33 | 440 East 62nd St. Owners Corp. | 2.99000% | 0.00142% | 0.00851% | 0.08000% | 0.00050% | 0.00028% | 2.89929% | Actual/360 | 17,683.91 | Interest-only, Balloon | Actual/360 | 120 | 120 | |
34 | Quinnipiac Gardens | 3.81000% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.79429% | Actual/360 | 27,991.61 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | |
35 | Walgreens - Fresno | 3.47100% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.45529% | Actual/360 | 16,716.24 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
36 | Walgreens - Glenview | 3.44100% | 0.00142% | 0.00851% | 0.03500% | 0.00050% | 0.00028% | 3.39529% | Actual/360 | 14,536.63 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
37 | A1 Access Self Storage | 3.24000% | 0.00142% | 0.00851% | 0.00950% | 0.00050% | 0.00028% | 3.21979% | Actual/360 | 20,211.58 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | |
38 | 1049 5th Avenue | 4.32000% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 4.30429% | Actual/360 | 16,425.00 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
39 | Hemet Self Storage | 3.25000% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.23429% | Actual/360 | 12,082.18 | Interest-only, Balloon | Actual/360 | 120 | 118 | |
40 | Katy Station Business Park and West Belt | 3.68000% | 0.00142% | 0.00851% | 0.01100% | 0.00050% | 0.00028% | 3.65829% | Actual/360 | 12,732.42 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
40.01 | West Belt Business Park | ||||||||||||||
40.02 | Katy Station | ||||||||||||||
41 | 45-26 44th Street | 2.91000% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 2.89429% | Actual/360 | 9,465.92 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
42 | 25 West 13th Corp. | 3.28000% | 0.00142% | 0.00851% | 0.08000% | 0.00050% | 0.00028% | 3.18929% | Actual/360 | 36,696.97 | Fully Amortizing | 120 | 120 | ||
43 | Jackson 34 Realty Corp. | 3.29000% | 0.00142% | 0.00851% | 0.08000% | 0.00050% | 0.00028% | 3.19929% | Actual/360 | 9,729.11 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
44 | 980 Fifth Avenue | 4.04000% | 0.00142% | 0.00851% | 0.04500% | 0.00050% | 0.00028% | 3.98429% | Actual/360 | 11,946.99 | Interest-only, Balloon | Actual/360 | 120 | 118 | |
45 | Rent A Space Dunbar | 3.79000% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.77429% | Actual/360 | 15,392.72 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | |
46 | 365 Bronx River Road Owners, Inc. | 3.35000% | 0.00142% | 0.00851% | 0.08000% | 0.00050% | 0.00028% | 3.25929% | Actual/360 | 8,491.32 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
47 | Ottawa Kansas MHC Portfolio | 4.04000% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 4.02429% | Actual/360 | 13,672.14 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | |
47.01 | Acres Estates | ||||||||||||||
47.02 | Cherrywood Estates | ||||||||||||||
48 | Hawthorn Self Storage | 3.37000% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.35429% | Actual/360 | 8,050.85 | Interest-only, Balloon | Actual/360 | 120 | 120 | |
49 | 3111 Tenant’s Corp. a/k/a 3111 Tenants Corp. | 3.34000% | 0.00142% | 0.00851% | 0.08000% | 0.00050% | 0.00028% | 3.24929% | Actual/360 | 11,224.11 | Amortizing Balloon | 120 | 119 | ||
50 | Michelle Tenants Corp. | 3.23000% | 0.00142% | 0.00851% | 0.08000% | 0.00050% | 0.00028% | 3.13929% | Actual/360 | 10,852.74 | Amortizing Balloon | 120 | 119 | ||
51 | Plaza East Owners Corp. | 3.31000% | 0.00142% | 0.00851% | 0.08000% | 0.00050% | 0.00028% | 3.21929% | Actual/360 | 6,432.28 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
52 | Rugby Road Owners Corp. | 3.37000% | 0.00142% | 0.00851% | 0.08000% | 0.00050% | 0.00028% | 3.27929% | Actual/360 | 9,720.03 | Amortizing Balloon | 120 | 120 | ||
53 | 575 Riverhouse Corp. | 3.26000% | 0.00142% | 0.00851% | 0.08000% | 0.00050% | 0.00028% | 3.16929% | Actual/360 | 8,715.11 | Interest-only, Amortizing Balloon | Actual/360 | 120 | 119 | |
54 | 424 East 57th Street Tenants Corp. | 3.33000% | 0.00142% | 0.00851% | 0.08000% | 0.00050% | 0.00028% | 3.23929% | Actual/360 | 5,627.08 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
55 | Walgreens – Laurel | 3.81700% | 0.00142% | 0.00851% | 0.00500% | 0.00050% | 0.00028% | 3.80129% | Actual/360 | 6,450.02 | Interest-only, Balloon | Actual/360 | 120 | 118 | |
56 | 599 Wea Owners Corp. | 3.27000% | 0.00142% | 0.00851% | 0.08000% | 0.00050% | 0.00028% | 3.17929% | Actual/360 | 8,726.09 | Amortizing Balloon | 120 | 119 | ||
57 | 30-40 Fleetwood Avenue Apartment Corp. | 3.25000% | 0.00142% | 0.00851% | 0.08000% | 0.00050% | 0.00028% | 3.15929% | Actual/360 | 7,398.51 | Amortizing Balloon | 120 | 120 | ||
58 | 57 Thompson Corp. | 3.39000% | 0.00142% | 0.00851% | 0.08000% | 0.00050% | 0.00028% | 3.29929% | Actual/360 | 7,529.76 | Amortizing Balloon | 120 | 119 | ||
59 | 2 W. 90th St. Housing Corp. | 3.49000% | 0.00142% | 0.00851% | 0.08000% | 0.00050% | 0.00028% | 3.39929% | Actual/360 | 3,833.34 | Interest-only, Balloon | Actual/360 | 120 | 119 | |
60 | Grand Liberte Cooperative, Inc. | 3.45000% | 0.00142% | 0.00851% | 0.08000% | 0.00050% | 0.00028% | 3.35929% | Actual/360 | 4,908.84 | Amortizing Balloon | 120 | 119 | ||
61 | 362 West Broadway Cooperative Corp. | 3.40000% | 0.00142% | 0.00851% | 0.08000% | 0.00050% | 0.00028% | 3.30929% | Actual/360 | 2,872.69 | Interest-only, Balloon | Actual/360 | 120 | 119 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Original IO Period (Mos.) | Remaining IO Period (Mos.) | Original Amort Term (Mos.) | Remaining Amort Term (Mos.) | Seasoning | Prepayment Provisions | Grace Period Default (Days) | Grace Period Late (Days) | Appraised Value ($)(6) | Appraisal Date | Coop -Rental Value | Coop - LTV as Rental |
1 | McClellan Park | 120 | 118 | 0 | 0 | 2 | YM(26),YM or D(87),O(7) | 0 | 0 | 595,000,000 | 9/15/2020 | ||
2 | 605 Third Avenue | 120 | 118 | 0 | 0 | 2 | GRTR 1% or YM(26),GRTR 1% or YM or D(87),O(7) | 2 | 10 days once per calendar year | 685,000,000 | 11/1/2020 | ||
3 | Miami Design District | 120 | 109 | 0 | 0 | 11 | L(35),D(78),O(7) | 2 (Once per year) | 5 | 856,000,000 | 3/1/2020 | ||
4 | ExchangeRight Net Leased Portfolio #42 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 5 | 5 | 67,835,000 | Various | ||
4.01 | Walmart Neighborhood Market - Huntsville (Bailey Cove), AL | 12,100,000 | 11/17/2020 | ||||||||||
4.02 | Walmart Neighborhood Market - Theodore (Theodore), AL | 11,350,000 | 11/10/2020 | ||||||||||
4.03 | Walgreens - Peoria (Pioneer), IL | 6,300,000 | 11/17/2020 | ||||||||||
4.04 | Tractor Supply - Kennesaw (Blue Spring), GA | 5,925,000 | 11/18/2020 | ||||||||||
4.05 | Walgreens - Bettendorf (Middle), IA | 5,800,000 | 11/17/2020 | ||||||||||
4.06 | Walgreens - Dallas (Ledbetter), TX | 5,800,000 | 11/7/2020 | ||||||||||
4.07 | Walgreens - Fort Worth (28th), TX | 5,800,000 | 11/11/2020 | ||||||||||
4.08 | CVS Pharmacy - Forest Park (Forest), GA | 3,000,000 | 11/14/2020 | ||||||||||
4.09 | Fresenius Medical Care - Oshkosh (Omro), WI | 2,950,000 | 11/19/2020 | ||||||||||
4.10 | Family Dollar - Syracuse (Salina), NY | 2,200,000 | 11/24/2020 | ||||||||||
4.11 | Family Dollar - Lebanon (Maple), PA | 2,100,000 | 11/6/2020 | ||||||||||
4.12 | Dollar General - Alvin (FM 1462), TX | 1,600,000 | 11/20/2020 | ||||||||||
4.13 | Dollar General - Liverpool (Oswego), NY | 1,500,000 | 11/24/2020 | ||||||||||
4.14 | Dollar General - Cleburne (County Rd 427A), TX | 1,410,000 | 11/11/2020 | ||||||||||
5 | 250 West 57th Street | 120 | 118 | 0 | 0 | 2 | L(26),D(87),O(7) | 0 | 0 | 330,000,000 | 11/1/2020 | ||
6 | ExchangeRight REIT 2 | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 59,660,000 | Various | ||
6.01 | Walmart Neighborhood Market - Huntsville | 12,650,000 | 11/5/2020 | ||||||||||
6.02 | Biolife - Las Vegas | 11,100,000 | 11/4/2020 | ||||||||||
6.03 | Kroger - Farmington | 9,400,000 | 12/16/2020 | ||||||||||
6.04 | Hobby Lobby - Greenville | 8,150,000 | 10/30/2020 | ||||||||||
6.05 | Kroger - Fort Wayne | 7,570,000 | 10/7/2020 | ||||||||||
6.06 | Dollar Tree - Fort Wayne | 1,490,000 | 10/7/2020 | ||||||||||
6.07 | Dollar General - Houston | 1,450,000 | 11/1/2020 | ||||||||||
6.08 | Family Dollar - Memphis | 1,450,000 | 10/30/2020 | ||||||||||
6.09 | Family Dollar - Commerce City | 1,450,000 | 11/4/2020 | ||||||||||
6.10 | Family Dollar - Columbus | 1,300,000 | 10/29/2020 | ||||||||||
6.11 | Dollar General - OKC | 1,300,000 | 10/23/2020 | ||||||||||
6.12 | Dollar General - Chicago | 1,250,000 | 11/5/2020 | ||||||||||
6.13 | Family Dollar - Beaumont | 1,100,000 | 11/2/2020 | ||||||||||
7 | U-Haul AREC Portfolio 43 | 0 | 0 | 300 | 299 | 1 | L(25),D(91),O(4) | 0 | 0 | 76,650,000 | Various | ||
7.01 | U-Haul Moving & Storage at Joe Battle & I-10 | 15,700,000 | 10/29/2020 | ||||||||||
7.02 | U-Haul Moving & Storage of North Smithfield | 10,500,000 | 11/2/2020 | ||||||||||
7.03 | U-Haul Moving & Storage of Downtown Waterbury | 10,410,000 | 11/2/2020 | ||||||||||
7.04 | U-Haul Moving & Storage of the White Mountains | 8,030,000 | 11/4/2020 | ||||||||||
7.05 | U-Haul Moving & Storage of Wapato Park | 12,210,000 | 11/2/2020 | ||||||||||
7.06 | U-Haul of Moultonborough Self-Storage | 3,360,000 | 11/2/2020 | ||||||||||
7.07 | U-Haul Moving & Storage of Downtown Grand Rapids | 3,900,000 | 11/5/2020 | ||||||||||
7.08 | U-Haul Moving & Storage of Canton | 2,350,000 | 11/4/2020 | ||||||||||
7.09 | U-Haul Storage of Twin Falls | 1,694,574 | 11/4/2020 | ||||||||||
7.10 | U-Haul Moving & Storage of Twin Falls | 1,675,426 | 11/4/2020 | ||||||||||
7.11 | U-Haul at 12th & L | 650,000 | 11/2/2020 | ||||||||||
8 | McDonald’s Global HQ | 0 | 0 | 270 | 267 | 3 | L(27),D(89),O(4) | 0 | 0 | 409,000,000 | 9/28/2020 | ||
9 | Inland SE Self Storage Portfolio | 60 | 59 | 360 | 360 | 1 | L(25),GRTR 1% or YM(88),O(7) | 0 | 5 | 55,500,000 | 11/25/2020 | ||
9.01 | Life Storage - 708 | 11,700,000 | 11/12/2020 | ||||||||||
9.02 | Life Storage - 797 | 11,450,000 | 11/19/2020 | ||||||||||
9.03 | Life Storage - 798 | 10,800,000 | 11/19/2020 | ||||||||||
9.04 | Devon Self Storage | 11,200,000 | 11/12/2020 | ||||||||||
9.05 | Life Storage - 701 | 8,000,000 | 11/12/2020 | ||||||||||
10 | 350 Holger Way | 120 | 119 | 0 | 0 | 1 | L(25),D(88),O(7) | 0 | 0 | 50,500,000 | 11/23/2020 | ||
11 | ExchangeRight Net Leased Portfolio #41 | 120 | 118 | 0 | 0 | 2 | L(26),D(90),O(4) | 0 | 0 | 108,140,000 | Various | ||
11.01 | Dignity Health - Glendale, AZ | 15,250,000 | 10/23/2020 | ||||||||||
11.02 | Walmart Neighborhood Market - Mobile, AL | 13,000,000 | 10/21/2020 | ||||||||||
11.03 | Walmart Neighborhood Market - Forest, VA | 12,700,000 | 10/23/2020 | ||||||||||
11.04 | BioLife Plasma Services L.P. - Avondale, AZ | 10,450,000 | 10/23/2020 | ||||||||||
11.05 | BioLife Plasma Services L.P. - Richmond, VA | 8,800,000 | 10/21/2020 | ||||||||||
11.06 | Natural Grocers - Little Rock, AR | 6,385,000 | 10/24/2020 | ||||||||||
11.07 | Walgreens - Columbus, OH | 5,650,000 | 10/26/2020 | ||||||||||
11.08 | CVS Pharmacy - Schaumburg, IL | 5,200,000 | 10/17/2020 | ||||||||||
11.09 | Hobby Lobby - Odessa, TX | 5,100,000 | 10/26/2020 | ||||||||||
11.10 | Tractor Supply - Toughkenamon, PA | 5,000,000 | 10/23/2020 | ||||||||||
11.11 | Walgreens - Harker Heights, TX | 5,000,000 | 10/25/2020 | ||||||||||
11.12 | Fresenius Medical Care - Hephzibah, GA | 3,590,000 | 10/26/2020 | ||||||||||
11.13 | Tractor Supply - Alexandria, LA | 3,440,000 | 10/24/2020 | ||||||||||
11.14 | Dollar Tree - Brown Deer, WI | 2,000,000 | 10/17/2020 | ||||||||||
11.15 | Dollar General - Odessa, TX | 1,875,000 | 10/26/2020 | ||||||||||
11.16 | Dollar General - New Castle, PA | 1,600,000 | 10/23/2020 | ||||||||||
11.17 | Dollar General - Evansville, IN | 1,550,000 | 10/18/2020 | ||||||||||
11.18 | Dollar General - Harlingen, TX | 1,550,000 | 10/23/2020 | ||||||||||
12 | Coleman Highline | 120 | 117 | 0 | 0 | 3 | GRTR 0.5% or YM(27),GRTR 0.5% or YM or D(86),O(7) | 5 | 0 | 296,800,000 | 1/1/2022 | ||
13 | Fresh Pond Cambridge | 120 | 117 | 0 | 0 | 3 | L(27),D(86),O(7) | 5 | 0 | 113,000,000 | 8/20/2020 | ||
14 | Holliswood Owners Corp. | 0 | 0 | 360 | 359 | 1 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | 55,840,000 | 11/10/2020 | 54,300,000 | 36.8% |
15 | Harvard West (Roseburg DHS Office) | 120 | 118 | 0 | 0 | 2 | L(26),D(87),O(7) | 5 | 5 | 27,310,000 | 9/28/2020 | ||
16 | 23000 Millcreek Boulevard | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 27,500,000 | 11/20/2020 | ||
17 | Laguna Hills Self Storage | 120 | 119 | 0 | 0 | 1 | L(25),GRTR 1% or YM(88),O(7) | 4 | 5 | 26,400,000 | 11/3/2020 | ||
18 | Newport Court | 120 | 120 | 0 | 0 | 0 | L(24),D(91),O(5) | 5 | 5 | 57,900,000 | 11/19/2020 | ||
19 | EZ Storage Southfield Portfolio | 36 | 35 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 0 | 23,550,000 | 11/11/2020 | ||
19.01 | EZ Southfield | 11,750,000 | 11/11/2020 | ||||||||||
19.02 | EZ Evergreen | 11,800,000 | 11/11/2020 | ||||||||||
20 | Naiman Industrial Portfolio | 120 | 120 | 0 | 0 | 0 | L(24),D(89),O(7) | 5 | 5 | 22,850,000 | Various | ||
20.01 | Richmond Road Industrial | 12,375,000 | 12/8/2020 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Original IO Period (Mos.) | Remaining IO Period (Mos.) | Original Amort Term (Mos.) | Remaining Amort Term (Mos.) | Seasoning | Prepayment Provisions | Grace Period Default (Days) | Grace Period Late (Days) | Appraised Value ($)(6) | Appraisal Date | Coop -Rental Value | Coop - LTV as Rental |
20.02 | Fargo Industrial | 4,175,000 | 10/14/2020 | ||||||||||
20.03 | Fargo Development | 3,700,000 | 10/14/2020 | ||||||||||
20.04 | Eastland Industrial | 2,600,000 | 10/14/2020 | ||||||||||
21 | Mission Ridge - CA | 36 | 32 | 360 | 360 | 4 | L(28),D(85),O(7) | 0 | 5 | 21,040,000 | 4/1/2021 | ||
22 | All Aboard - 4 Property Portfolio | 0 | 0 | 360 | 359 | 1 | L(25),D(91),O(4) | 0 | 0 | 19,200,000 | Various | ||
22.01 | Big Tree Depot | 7,500,000 | 10/14/2020 | ||||||||||
22.02 | Daytona Depot | 5,375,000 | 10/14/2020 | ||||||||||
22.03 | Hand & Yonge | 3,325,000 | 10/14/2020 | ||||||||||
22.04 | Clark Office Building | 3,000,000 | 10/20/2020 | ||||||||||
23 | C.C. Filson World Headquarters | 120 | 120 | 0 | 0 | 0 | L(24),D(92),O(4) | 0 | 0 | 22,000,000 | 12/14/2020 | ||
24 | 100 & 200 Westlake - CA | 120 | 119 | 0 | 0 | 1 | L(25),D(88),O(7) | 0 | 0 | 17,800,000 | 9/1/2020 | ||
25 | Guardian Storage Bridgeville | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 4 | 5 | 20,000,000 | 11/4/2020 | ||
26 | East Manchester Village | 36 | 35 | 360 | 360 | 1 | L(25),D(91),O(4) | 0 | 0 | 14,975,000 | 11/18/2020 | ||
27 | 3900 Kinross | 18 | 17 | 360 | 360 | 1 | L(25),D(91),O(4) | 5 | 5 | 13,750,000 | 11/2/2020 | ||
28 | Guardian Storage Fox Chapel | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 4 | 5 | 16,200,000 | 11/5/2020 | ||
29 | Apple Cupertino | 120 | 119 | 0 | 0 | 1 | L(25),D(90),O(5) | 5 | 5 | 17,200,000 | 12/4/2020 | ||
30 | Amazon - Hazleton, PA | 36 | 36 | 360 | 360 | 0 | L(24),D(92),O(4) | 4 | 5 | 16,500,000 | 12/17/2020 | ||
31 | Walgreens Anchorage AK | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 5 | 5 | 13,130,000 | 10/23/2020 | ||
32 | Sunset Hills | 120 | 119 | 0 | 0 | 1 | L(23),GRTR 1% or YM(93),O(4) | 5 | 5 | 15,000,000 | 11/4/2020 | ||
33 | 440 East 62nd St. Owners Corp. | 120 | 120 | 0 | 0 | 0 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | 115,330,000 | 9/30/2020 | 46,500,000 | 15.1% |
34 | Quinnipiac Gardens | 36 | 35 | 360 | 360 | 1 | L(25),D(91),O(4) | 5 | 5 | 8,300,000 | 10/23/2020 | ||
35 | Walgreens - Fresno | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 9,500,000 | 11/24/2020 | ||
36 | Walgreens - Glenview | 120 | 119 | 0 | 0 | 1 | L(25),D(91),O(4) | 0 | 0 | 9,000,000 | 11/13/2020 | ||
37 | A1 Access Self Storage | 24 | 23 | 360 | 360 | 1 | L(23),GRTR 1% or YM(93),O(4) | 5 | 5 | 6,680,000 | 10/28/2020 | ||
38 | 1049 5th Avenue | 120 | 119 | 0 | 0 | 1 | L(25),D(90),O(5) | 5 | 5 | 10,800,000 | 8/24/2020 | ||
39 | Hemet Self Storage | 120 | 118 | 0 | 0 | 2 | L(26),D(90),O(4) | 0 | 0 | 8,000,000 | 10/8/2020 | ||
40 | Katy Station Business Park and West Belt | 120 | 119 | 0 | 0 | 1 | L(25),D(90),O(5) | 5 | 5 | 6,400,000 | Various | ||
40.01 | West Belt Business Park | 3,210,000 | 11/12/2020 | ||||||||||
40.02 | Katy Station | 3,190,000 | 11/11/2020 | ||||||||||
41 | 45-26 44th Street | 120 | 119 | 0 | 0 | 1 | GRTR 1% or YM(116),O(4) | 4 | 5 | 9,100,000 | 10/23/2020 | ||
42 | 25 West 13th Corp. | 0 | 0 | 120 | 120 | 0 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | 126,500,000 | 10/29/2020 | 64,000,000 | 5.9% |
43 | Jackson 34 Realty Corp. | 120 | 119 | 0 | 0 | 1 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | 35,950,000 | 11/11/2020 | 23,200,000 | 15.1% |
44 | 980 Fifth Avenue | 120 | 118 | 0 | 0 | 2 | L(26),D(87),O(7) | 0 | 0 | 5,540,000 | 10/27/2020 | ||
45 | Rent A Space Dunbar | 36 | 35 | 360 | 360 | 1 | L(25),D(90),O(5) | 5 | 5 | 4,900,000 | 11/5/2020 | ||
46 | 365 Bronx River Road Owners, Inc. | 120 | 119 | 0 | 0 | 1 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | 15,650,000 | 11/12/2020 | 15,000,000 | 20.0% |
47 | Ottawa Kansas MHC Portfolio | 12 | 11 | 360 | 360 | 1 | L(25),D(91),O(4) | 4 | 5 | 4,240,000 | 11/12/2020 | ||
47.01 | Acres Estates | 2,500,000 | 11/12/2020 | ||||||||||
47.02 | Cherrywood Estates | 1,740,000 | 11/12/2020 | ||||||||||
48 | Hawthorn Self Storage | 120 | 120 | 0 | 0 | 0 | L(24),D(92),O(4) | 5 | 5 | 4,350,000 | 10/29/2020 | ||
49 | 3111 Tenant’s Corp. a/k/a 3111 Tenants Corp. | 0 | 0 | 360 | 359 | 1 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | 13,800,000 | 9/17/2020 | 12,200,000 | 20.9% |
50 | Michelle Tenants Corp. | 0 | 0 | 360 | 359 | 1 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | 20,440,000 | 11/2/2020 | 13,000,000 | 19.2% |
51 | Plaza East Owners Corp. | 120 | 119 | 0 | 0 | 1 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | 20,150,000 | 11/6/2020 | 20,100,000 | 11.4% |
52 | Rugby Road Owners Corp. | 0 | 0 | 360 | 360 | 0 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | 23,400,000 | 10/19/2020 | 9,900,000 | 22.2% |
53 | 575 Riverhouse Corp. | 24 | 23 | 360 | 360 | 1 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | 24,100,000 | 10/27/2020 | 12,900,000 | 15.5% |
54 | 424 East 57th Street Tenants Corp. | 120 | 119 | 0 | 0 | 1 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | 23,370,000 | 10/7/2020 | 10,000,000 | 20.0% |
55 | Walgreens – Laurel | 120 | 118 | 0 | 0 | 2 | L(26),D(90),O(4) | 0 | 0 | 3,300,000 | 11/5/2020 | ||
56 | 599 Wea Owners Corp. | 0 | 0 | 360 | 359 | 1 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | 22,140,000 | 10/29/2020 | 10,650,000 | 18.8% |
57 | 30-40 Fleetwood Avenue Apartment Corp. | 0 | 0 | 360 | 360 | 0 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | 19,240,000 | 9/9/2020 | 23,350,000 | 7.3% |
58 | 57 Thompson Corp. | 0 | 0 | 360 | 359 | 1 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | 17,650,000 | 7/23/2020 | 7,260,000 | 23.4% |
59 | 2 W. 90th St. Housing Corp. | 120 | 119 | 0 | 0 | 1 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | 12,470,000 | 11/10/2020 | 3,850,000 | 33.8% |
60 | Grand Liberte Cooperative, Inc. | 0 | 0 | 360 | 359 | 1 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | 36,350,000 | 8/19/2020 | 26,100,000 | 4.2% |
61 | 362 West Broadway Cooperative Corp. | 120 | 119 | 0 | 0 | 1 | GRTR 1% or YM(113),1%(3),O(4) | 10 | 10 | 30,500,000 | 10/1/2020 | 23,250,000 | 4.3% |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Units | Coop - Sponsor Carry | Coop - Committed Secondary Debt | U/W NOI DSCR (x)(6) | U/W NCF DSCR (x)(6) | Cut-off Date LTV Ratio(6) | LTV Ratio at Maturity or ARD(6) | Cut-off Date U/W NOI Debt Yield(6) | Cut-off Date U/W NCF Debt Yield(6) | U/W Revenues ($) | U/W Expenses ($) | U/W Net Operating Income ($) | U/W Replacement ($) | U/W TI/LC ($) |
1 | McClellan Park | 3.13 | 2.90 | 60.2% | 60.2% | 10.5% | 9.7% | 52,666,380 | 15,037,967 | 37,628,413 | 1,038,823 | 1,731,371 | ||||||
2 | 605 Third Avenue | 7.08 | 6.61 | 33.7% | 33.7% | 13.9% | 13.0% | 68,159,995 | 36,029,430 | 32,130,565 | 205,547 | 1,950,230 | ||||||
3 | Miami Design District | 2.21 | 2.14 | 46.7% | 46.7% | 9.3% | 9.0% | 53,041,550 | 16,007,449 | 37,034,101 | 99,419 | 994,188 | ||||||
4 | ExchangeRight Net Leased Portfolio #42 | 2.72 | 2.70 | 59.7% | 59.7% | 9.4% | 9.3% | 3,928,127 | 117,844 | 3,810,283 | 8,679 | 20,617 | ||||||
4.01 | Walmart Neighborhood Market - Huntsville (Bailey Cove), AL | NAV | NAV | NAV | NAV | NAV | ||||||||||||
4.02 | Walmart Neighborhood Market - Theodore (Theodore), AL | NAV | NAV | NAV | NAV | NAV | ||||||||||||
4.03 | Walgreens - Peoria (Pioneer), IL | NAV | NAV | NAV | NAV | NAV | ||||||||||||
4.04 | Tractor Supply - Kennesaw (Blue Spring), GA | NAV | NAV | NAV | NAV | NAV | ||||||||||||
4.05 | Walgreens - Bettendorf (Middle), IA | NAV | NAV | NAV | NAV | NAV | ||||||||||||
4.06 | Walgreens - Dallas (Ledbetter), TX | NAV | NAV | NAV | NAV | NAV | ||||||||||||
4.07 | Walgreens - Fort Worth (28th), TX | NAV | NAV | NAV | NAV | NAV | ||||||||||||
4.08 | CVS Pharmacy - Forest Park (Forest), GA | NAV | NAV | NAV | NAV | NAV | ||||||||||||
4.09 | Fresenius Medical Care - Oshkosh (Omro), WI | NAV | NAV | NAV | NAV | NAV | ||||||||||||
4.10 | Family Dollar - Syracuse (Salina), NY | NAV | NAV | NAV | NAV | NAV | ||||||||||||
4.11 | Family Dollar - Lebanon (Maple), PA | NAV | NAV | NAV | NAV | NAV | ||||||||||||
4.12 | Dollar General - Alvin (FM 1462), TX | NAV | NAV | NAV | NAV | NAV | ||||||||||||
4.13 | Dollar General - Liverpool (Oswego), NY | NAV | NAV | NAV | NAV | NAV | ||||||||||||
4.14 | Dollar General - Cleburne (County Rd 427A), TX | NAV | NAV | NAV | NAV | NAV | ||||||||||||
5 | 250 West 57th Street | 3.85 | 3.49 | 54.5% | 54.5% | 11.1% | 10.0% | 36,164,898 | 16,274,317 | 19,890,581 | 114,186 | 1,764,050 | ||||||
6 | ExchangeRight REIT 2 | 2.67 | 2.61 | 63.0% | 63.0% | 9.3% | 9.1% | 4,390,361 | 880,880 | 3,509,481 | 39,702 | 44,279 | ||||||
6.01 | Walmart Neighborhood Market - Huntsville | 709,122 | 24,751 | 684,371 | 0 | 0 | ||||||||||||
6.02 | Biolife - Las Vegas | 664,102 | 28,764 | 635,338 | 0 | 0 | ||||||||||||
6.03 | Kroger - Farmington | 754,761 | 264,827 | 489,934 | 6,586 | 0 | ||||||||||||
6.04 | Hobby Lobby - Greenville | 496,375 | 18,872 | 477,503 | 8,259 | 32,793 | ||||||||||||
6.05 | Kroger - Fort Wayne | 620,639 | 230,372 | 390,267 | 9,117 | 0 | ||||||||||||
6.06 | Dollar Tree - Fort Wayne | 132,075 | 37,989 | 94,086 | 1,500 | -40,545 | ||||||||||||
6.07 | Dollar General - Houston | 147,972 | 25,104 | 122,868 | 1,750 | 6,599 | ||||||||||||
6.08 | Family Dollar - Memphis | 154,615 | 45,191 | 109,424 | 1,388 | 11,447 | ||||||||||||
6.09 | Family Dollar - Commerce City | 133,239 | 34,671 | 98,568 | 2,936 | 5,745 | ||||||||||||
6.10 | Family Dollar - Columbus | 154,320 | 43,516 | 110,804 | 2,554 | 6,307 | ||||||||||||
6.11 | Dollar General - OKC | 134,008 | 33,800 | 100,208 | 1,282 | 5,965 | ||||||||||||
6.12 | Dollar General - Chicago | 193,752 | 72,262 | 121,490 | 1,454 | 7,113 | ||||||||||||
6.13 | Family Dollar - Beaumont | 95,379 | 20,761 | 74,619 | 2,875 | 8,854 | ||||||||||||
7 | U-Haul AREC Portfolio 43 | 1.94 | 1.90 | 48.2% | 33.1% | 10.8% | 10.6% | 5,983,448 | 1,997,402 | 3,986,046 | 75,433 | 0 | ||||||
7.01 | U-Haul Moving & Storage at Joe Battle & I-10 | NAV | NAV | NAV | NAV | NAV | ||||||||||||
7.02 | U-Haul Moving & Storage of North Smithfield | NAV | NAV | NAV | NAV | NAV | ||||||||||||
7.03 | U-Haul Moving & Storage of Downtown Waterbury | NAV | NAV | NAV | NAV | NAV | ||||||||||||
7.04 | U-Haul Moving & Storage of the White Mountains | NAV | NAV | NAV | NAV | NAV | ||||||||||||
7.05 | U-Haul Moving & Storage of Wapato Park | NAV | NAV | NAV | NAV | NAV | ||||||||||||
7.06 | U-Haul of Moultonborough Self-Storage | NAV | NAV | NAV | NAV | NAV | ||||||||||||
7.07 | U-Haul Moving & Storage of Downtown Grand Rapids | NAV | NAV | NAV | NAV | NAV | ||||||||||||
7.08 | U-Haul Moving & Storage of Canton | NAV | NAV | NAV | NAV | NAV | ||||||||||||
7.09 | U-Haul Storage of Twin Falls | NAV | NAV | NAV | NAV | NAV | ||||||||||||
7.10 | U-Haul Moving & Storage of Twin Falls | NAV | NAV | NAV | NAV | NAV | ||||||||||||
7.11 | U-Haul at 12th & L | NAV | NAV | NAV | NAV | NAV | ||||||||||||
8 | McDonald’s Global HQ | 1.46 | 1.45 | 41.0% | 16.9% | 11.9% | 11.9% | 35,092,657 | 15,037,235 | 20,055,422 | 57,502 | 50,254 | ||||||
9 | Inland SE Self Storage Portfolio | 1.90 | 1.85 | 58.7% | 52.2% | 9.5% | 9.2% | 4,686,487 | 1,599,204 | 3,087,283 | 75,798 | 0 | ||||||
9.01 | Life Storage - 708 | 1,023,902 | 291,150 | 732,752 | 15,236 | 0 | ||||||||||||
9.02 | Life Storage - 797 | 991,377 | 281,912 | 709,465 | 17,758 | 0 | ||||||||||||
9.03 | Life Storage - 798 | 972,415 | 307,939 | 664,476 | 16,374 | 0 | ||||||||||||
9.04 | Devon Self Storage | 939,333 | 465,220 | 474,113 | 16,444 | 0 | ||||||||||||
9.05 | Life Storage - 701 | 759,460 | 252,983 | 506,477 | 9,985 | 0 | ||||||||||||
10 | 350 Holger Way | 3.30 | 3.11 | 61.2% | 61.2% | 11.0% | 10.3% | 4,429,361 | 1,037,128 | 3,392,233 | 26,592 | 169,014 | ||||||
11 | ExchangeRight Net Leased Portfolio #41 | 2.70 | 2.60 | 61.3% | 61.3% | 8.8% | 8.4% | 5,998,997 | 179,970 | 5,819,027 | 49,865 | 172,749 | ||||||
11.01 | Dignity Health - Glendale, AZ | NAV | NAV | NAV | NAV | NAV | ||||||||||||
11.02 | Walmart Neighborhood Market - Mobile, AL | NAV | NAV | NAV | NAV | NAV | ||||||||||||
11.03 | Walmart Neighborhood Market - Forest, VA | NAV | NAV | NAV | NAV | NAV | ||||||||||||
11.04 | BioLife Plasma Services L.P. - Avondale, AZ | NAV | NAV | NAV | NAV | NAV | ||||||||||||
11.05 | BioLife Plasma Services L.P. - Richmond, VA | NAV | NAV | NAV | NAV | NAV | ||||||||||||
11.06 | Natural Grocers - Little Rock, AR | NAV | NAV | NAV | NAV | NAV | ||||||||||||
11.07 | Walgreens - Columbus, OH | NAV | NAV | NAV | NAV | NAV | ||||||||||||
11.08 | CVS Pharmacy - Schaumburg, IL | NAV | NAV | NAV | NAV | NAV | ||||||||||||
11.09 | Hobby Lobby - Odessa, TX | NAV | NAV | NAV | NAV | NAV | ||||||||||||
11.10 | Tractor Supply - Toughkenamon, PA | NAV | NAV | NAV | NAV | NAV | ||||||||||||
11.11 | Walgreens - Harker Heights, TX | NAV | NAV | NAV | NAV | NAV | ||||||||||||
11.12 | Fresenius Medical Care - Hephzibah, GA | NAV | NAV | NAV | NAV | NAV | ||||||||||||
11.13 | Tractor Supply - Alexandria, LA | NAV | NAV | NAV | NAV | NAV | ||||||||||||
11.14 | Dollar Tree - Brown Deer, WI | NAV | NAV | NAV | NAV | NAV | ||||||||||||
11.15 | Dollar General - Odessa, TX | NAV | NAV | NAV | NAV | NAV | ||||||||||||
11.16 | Dollar General - New Castle, PA | NAV | NAV | NAV | NAV | NAV | ||||||||||||
11.17 | Dollar General - Evansville, IN | NAV | NAV | NAV | NAV | NAV | ||||||||||||
11.18 | Dollar General - Harlingen, TX | NAV | NAV | NAV | NAV | NAV | ||||||||||||
12 | Coleman Highline | 3.18 | 3.18 | 56.5% | 56.5% | 9.2% | 9.2% | 21,742,740 | 6,234,846 | 15,507,894 | 0 | 0 | ||||||
13 | Fresh Pond Cambridge | 3.58 | 3.34 | 44.2% | 44.2% | 11.4% | 10.7% | 7,749,504 | 2,040,040 | 5,709,464 | 34,010 | 344,630 | ||||||
14 | Holliswood Owners Corp. | 4.6% | 12 | 0 | 0 | 27,245 | 1,000,000 | 2.79 | 2.72 | 35.8% | 27.4% | 14.1% | 13.8% | 5,270,919 | 2,449,930 | 2,820,989 | 66,000 | 0 |
15 | Harvard West (Roseburg DHS Office) | 3.08 | 3.05 | 65.9% | 65.9% | 10.1% | 10.0% | 2,223,994 | 413,801 | 1,810,193 | 16,160 | 0 | ||||||
16 | 23000 Millcreek Boulevard | 4.51 | 3.92 | 61.8% | 61.8% | 12.3% | 10.7% | 3,393,433 | 1,295,965 | 2,097,468 | 32,524 | 238,988 | ||||||
17 | Laguna Hills Self Storage | 3.02 | 2.99 | 62.5% | 62.5% | 9.3% | 9.2% | 2,027,070 | 488,799 | 1,538,271 | 14,620 | 0 | ||||||
18 | Newport Court | 3.92 | 3.65 | 25.9% | 25.9% | 11.8% | 11.0% | 2,352,399 | 581,239 | 1,771,160 | 31,842 | 88,635 | ||||||
19 | EZ Storage Southfield Portfolio | 1.61 | 1.59 | 63.7% | 54.5% | 8.8% | 8.6% | 2,309,673 | 995,057 | 1,314,615 | 15,754 | 2,700 | ||||||
19.01 | EZ Southfield | 1,102,496 | 510,687 | 591,809 | 8,009 | 2,700 | ||||||||||||
19.02 | EZ Evergreen | 1,207,177 | 484,370 | 722,806 | 7,745 | 0 | ||||||||||||
20 | Naiman Industrial Portfolio | 3.13 | 2.61 | 63.5% | 63.5% | 12.1% | 10.1% | 2,755,878 | 1,003,833 | 1,752,045 | 137,894 | 153,430 | ||||||
20.01 | Richmond Road Industrial | 1,322,914 | 525,499 | 797,415 | 67,446 | 90,416 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Units | Coop - Sponsor Carry | Coop - Committed Secondary Debt | U/W NOI DSCR (x)(6) | U/W NCF DSCR (x)(6) | Cut-off Date LTV Ratio(6) | LTV Ratio at Maturity or ARD(6) | Cut-off Date U/W NOI Debt Yield(6) | Cut-off Date U/W NCF Debt Yield(6) | U/W Revenues ($) | U/W Expenses ($) | U/W Net Operating Income ($) | U/W Replacement ($) | U/W TI/LC ($) |
20.02 | Fargo Industrial | 440,590 | 123,746 | 316,844 | 22,033 | 27,934 | ||||||||||||
20.03 | Fargo Development | 592,347 | 202,629 | 389,718 | 35,985 | 21,036 | ||||||||||||
20.04 | Eastland Industrial | 400,028 | 151,960 | 248,068 | 12,430 | 14,043 | ||||||||||||
21 | Mission Ridge - CA | 1.70 | 1.66 | 68.4% | 58.4% | 9.1% | 8.9% | 1,773,562 | 461,891 | 1,311,671 | 19,293 | 17,250 | ||||||
22 | All Aboard - 4 Property Portfolio | 1.85 | 1.79 | 71.2% | 55.3% | 9.8% | 9.5% | 2,040,219 | 698,184 | 1,342,035 | 33,103 | 7,560 | ||||||
22.01 | Big Tree Depot | 744,294 | 242,296 | 501,998 | 11,660 | 0 | ||||||||||||
22.02 | Daytona Depot | 555,654 | 185,350 | 370,304 | 8,944 | 0 | ||||||||||||
22.03 | Hand & Yonge | 362,288 | 123,409 | 238,880 | 5,326 | 0 | ||||||||||||
22.04 | Clark Office Building | 377,984 | 147,130 | 230,854 | 7,173 | 7,560 | ||||||||||||
23 | C.C. Filson World Headquarters | 2.78 | 2.59 | 59.5% | 59.5% | 10.2% | 9.5% | 1,671,282 | 333,164 | 1,338,118 | 10,257 | 81,013 | ||||||
24 | 100 & 200 Westlake - CA | 3.24 | 3.05 | 65.0% | 65.0% | 10.9% | 10.2% | 1,924,451 | 668,093 | 1,256,358 | 17,429 | 57,146 | ||||||
25 | Guardian Storage Bridgeville | 2.82 | 2.78 | 57.5% | 57.5% | 9.7% | 9.6% | 1,573,142 | 459,416 | 1,113,726 | 14,081 | 0 | ||||||
26 | East Manchester Village | 2.42 | 2.19 | 66.8% | 57.3% | 13.3% | 12.0% | 1,839,619 | 509,176 | 1,330,443 | 65,309 | 61,612 | ||||||
27 | 3900 Kinross | 1.94 | 1.64 | 72.0% | 60.1% | 11.3% | 9.5% | 1,871,592 | 755,947 | 1,115,645 | 17,282 | 153,812 | ||||||
28 | Guardian Storage Fox Chapel | 2.82 | 2.78 | 57.0% | 57.0% | 9.7% | 9.6% | 1,316,320 | 421,921 | 894,399 | 12,080 | 0 | ||||||
29 | Apple Cupertino | 3.00 | 2.78 | 52.3% | 52.3% | 10.6% | 9.8% | 982,286 | 29,469 | 952,817 | 15,860 | 52,914 | ||||||
30 | Amazon - Hazleton, PA | 1.67 | 1.59 | 53.0% | 45.7% | 9.4% | 9.0% | 845,999 | 25,380 | 820,619 | 10,395 | 26,225 | ||||||
31 | Walgreens Anchorage AK | 2.32 | 2.31 | 64.4% | 64.4% | 8.5% | 8.4% | 722,261 | 7,223 | 715,038 | 2,183 | 0 | ||||||
32 | Sunset Hills | 4.31 | 3.74 | 53.3% | 53.3% | 13.9% | 12.1% | 1,394,322 | 279,012 | 1,115,311 | 18,301 | 129,083 | ||||||
33 | 440 East 62nd St. Owners Corp. | 1.5% | 2 | 0 | 0 | 10,215 | 12.40 | 12.21 | 6.1% | 6.1% | 37.6% | 37.0% | 5,930,220 | 3,297,824 | 2,632,396 | 41,500 | 0 | |
34 | Quinnipiac Gardens | 1.58 | 1.53 | 72.3% | 62.2% | 8.9% | 8.6% | 947,363 | 415,281 | 532,082 | 17,750 | 0 | ||||||
35 | Walgreens - Fresno | �� | 2.45 | 2.45 | 60.0% | 60.0% | 8.6% | 8.6% | 497,125 | 4,971 | 492,154 | 1,512 | 0 | |||||
36 | Walgreens - Glenview | 2.66 | 2.66 | 55.6% | 55.6% | 9.3% | 9.3% | 479,423 | 14,714 | 464,708 | 1,517 | 0 | ||||||
37 | A1 Access Self Storage | 2.13 | 2.08 | 69.6% | 57.3% | 11.1% | 10.9% | 800,259 | 284,761 | 515,498 | 10,019 | 0 | ||||||
38 | 1049 5th Avenue | 2.38 | 2.22 | 41.7% | 41.7% | 10.4% | 9.7% | 745,093 | 276,523 | 468,570 | 1,550 | 29,842 | ||||||
39 | Hemet Self Storage | 3.94 | 3.86 | 55.0% | 55.0% | 13.0% | 12.7% | 884,842 | 314,131 | 570,711 | 11,662 | 0 | ||||||
40 | Katy Station Business Park and West Belt | 2.72 | 2.52 | 64.0% | 64.0% | 10.1% | 9.4% | 642,084 | 226,478 | 415,606 | 8,147 | 23,113 | ||||||
40.01 | West Belt Business Park | 340,884 | 101,642 | 239,242 | 4,628 | 9,955 | ||||||||||||
40.02 | Katy Station | 301,200 | 124,836 | 176,364 | 3,519 | 13,158 | ||||||||||||
41 | 45-26 44th Street | 3.51 | 3.38 | 42.3% | 42.3% | 10.3% | 10.0% | 812,054 | 413,912 | 398,142 | 13,800 | 0 | ||||||
42 | 25 West 13th Corp. | 0.0% | 0 | 0 | 0 | 1,000,000 | 7.07 | 7.00 | 3.0% | 0.0% | 83.1% | 82.2% | 6,499,741 | 3,385,155 | 3,114,586 | 30,500 | 0 | |
43 | Jackson 34 Realty Corp. | 5.2% | 0 | 0 | 5 | 500,000 | 10.88 | 10.47 | 9.7% | 9.7% | 36.3% | 34.9% | 2,041,638 | 771,584 | 1,270,054 | 48,000 | 0 | |
44 | 980 Fifth Avenue | 2.46 | 2.31 | 63.2% | 63.2% | 10.1% | 9.5% | 504,867 | 151,558 | 353,309 | 1,099 | 20,337 | ||||||
45 | Rent A Space Dunbar | 1.59 | 1.54 | 67.5% | 58.1% | 8.9% | 8.6% | 520,728 | 227,281 | 293,447 | 9,733 | 0 | ||||||
46 | 365 Bronx River Road Owners, Inc. | 35.6% | 31 | 0 | 0 | 290,467 | 250,000 | 9.71 | 9.28 | 19.2% | 19.2% | 33.0% | 31.5% | 1,643,327 | 654,088 | 989,239 | 44,000 | 0 |
47 | Ottawa Kansas MHC Portfolio | 1.71 | 1.68 | 67.2% | 55.1% | 9.8% | 9.6% | 498,378 | 217,692 | 280,686 | 5,800 | 0 | ||||||
47.01 | Acres Estates | 330,216 | 157,765 | 172,451 | 3,550 | 0 | ||||||||||||
47.02 | Cherrywood Estates | 168,162 | 59,927 | 108,235 | 2,250 | 0 | ||||||||||||
48 | Hawthorn Self Storage | 3.18 | 3.09 | 65.0% | 65.0% | 10.9% | 10.6% | 510,338 | 203,320 | 307,018 | 8,400 | 0 | ||||||
49 | 3111 Tenant’s Corp. a/k/a 3111 Tenants Corp. | 13.7% | 7 | 0 | 0 | 67,269 | 250,000 | 4.86 | 4.79 | 18.5% | 14.3% | 25.7% | 25.3% | 1,098,846 | 444,343 | 654,503 | 10,000 | 0 |
50 | Michelle Tenants Corp. | 16.9% | 12 | 0 | 0 | 28,687 | 400,000 | 5.23 | 5.10 | 12.2% | 9.4% | 27.3% | 26.6% | 1,588,410 | 906,841 | 681,569 | 17,750 | 0 |
51 | Plaza East Owners Corp. | 45.1% | 23 | 0 | 0 | 319,859 | 15.84 | 15.60 | 11.4% | 11.4% | 53.1% | 52.3% | 1,789,328 | 566,945 | 1,222,383 | 18,550 | 0 | |
52 | Rugby Road Owners Corp. | 42.9% | 21 | 0 | 0 | 190,973 | 500,000 | 4.84 | 4.73 | 9.4% | 7.3% | 25.7% | 25.1% | 932,036 | 367,272 | 564,764 | 12,500 | 0 |
53 | 575 Riverhouse Corp. | 23.3% | 0 | 10 | 0 | 48,936 | 500,000 | 6.36 | 6.20 | 8.3% | 6.8% | 33.3% | 32.4% | 1,200,899 | 535,822 | 665,077 | 16,800 | 0 |
54 | 424 East 57th Street Tenants Corp. | 0.0% | 0 | 0 | 0 | 500,000 | 7.67 | 7.45 | 8.6% | 8.6% | 25.9% | 25.2% | 1,151,917 | 634,253 | 517,664 | 14,400 | 0 | |
55 | Walgreens – Laurel | 2.09 | 2.09 | 60.6% | 60.6% | 8.1% | 8.1% | 163,350 | 1,634 | 161,717 | 0 | 0 | ||||||
56 | 599 Wea Owners Corp. | 7.4% | 2 | 0 | 0 | 8,853 | 250,000 | 5.25 | 5.18 | 9.0% | 7.0% | 27.5% | 27.2% | 915,997 | 366,668 | 549,329 | 6,750 | 0 |
57 | 30-40 Fleetwood Avenue Apartment Corp. | 24.8% | 27 | 0 | 0 | 193,153 | 500,000 | 16.25 | 15.87 | 8.8% | 6.8% | 84.8% | 82.9% | 2,470,799 | 1,028,480 | 1,442,319 | 33,300 | 0 |
58 | 57 Thompson Corp. | 15.6% | 4 | 0 | 1 | 16,380 | 250,000 | 4.47 | 4.44 | 9.6% | 7.5% | 23.8% | 23.6% | 810,188 | 406,101 | 404,087 | 3,100 | 0 |
59 | 2 W. 90th St. Housing Corp. | 0.0% | 0 | 0 | 0 | 250,000 | 4.43 | 4.31 | 10.4% | 10.4% | 15.7% | 15.3% | 528,825 | 324,991 | 203,834 | 5,500 | 0 | |
60 | Grand Liberte Cooperative, Inc. | 0.0% | 0 | 0 | 0 | 250,000 | 22.67 | 22.55 | 3.0% | 2.4% | 121.6% | 121.0% | 1,668,975 | 333,601 | 1,335,374 | 6,900 | 0 | |
61 | 362 West Broadway Cooperative Corp. | 0.0% | 0 | 0 | 0 | 35.25 | 34.73 | 3.3% | 3.3% | 121.5% | 119.7% | 1,495,716 | 280,566 | 1,215,150 | 18,000 | 0 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | U/W Net Cash Flow ($) | Occupancy Rate | Occupancy as-of Date | U/W Hotel ADR | U/W Hotel RevPAR | Most Recent Period | Most Recent Revenues ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent Hotel ADR | Most Recent Hotel RevPAR | Second Most Recent Period | Second Most Recent Revenues ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) |
1 | McClellan Park | 34,858,219 | 86.8% | 9/15/2020 | TTM 9/30/2020 | 46,135,523 | 16,541,707 | 29,593,816 | Actual 2019 | 42,772,659 | 15,192,749 | 27,579,910 | ||||
2 | 605 Third Avenue | 29,974,788 | 97.2% | 10/1/2020 | TTM 9/30/2020 | 58,781,777 | 34,911,832 | 23,869,945 | Actual 2019 | 43,952,489 | 35,939,209 | 8,013,280 | ||||
3 | Miami Design District | 35,940,495 | 88.5% | 9/1/2020 | Actual 2019 | 50,574,148 | 16,756,756 | 33,817,392 | Actual 2018 | 48,127,178 | 15,993,554 | 32,133,624 | ||||
4 | ExchangeRight Net Leased Portfolio #42 | 3,780,987 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
4.01 | Walmart Neighborhood Market - Huntsville (Bailey Cove), AL | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
4.02 | Walmart Neighborhood Market - Theodore (Theodore), AL | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
4.03 | Walgreens - Peoria (Pioneer), IL | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
4.04 | Tractor Supply - Kennesaw (Blue Spring), GA | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
4.05 | Walgreens - Bettendorf (Middle), IA | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
4.06 | Walgreens - Dallas (Ledbetter), TX | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
4.07 | Walgreens - Fort Worth (28th), TX | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
4.08 | CVS Pharmacy - Forest Park (Forest), GA | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
4.09 | Fresenius Medical Care - Oshkosh (Omro), WI | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
4.10 | Family Dollar - Syracuse (Salina), NY | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
4.11 | Family Dollar - Lebanon (Maple), PA | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
4.12 | Dollar General - Alvin (FM 1462), TX | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
4.13 | Dollar General - Liverpool (Oswego), NY | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
4.14 | Dollar General - Cleburne (County Rd 427A), TX | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
5 | 250 West 57th Street | 18,012,345 | 79.8% | 10/29/2020 | TTM 6/30/2020 | 34,781,901 | 15,516,592 | 19,265,309 | Actual 2019 | 34,542,482 | 15,564,019 | 18,978,463 | ||||
6 | ExchangeRight REIT 2 | 3,425,500 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
6.01 | Walmart Neighborhood Market - Huntsville | 684,371 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
6.02 | Biolife - Las Vegas | 635,338 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
6.03 | Kroger - Farmington | 483,348 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
6.04 | Hobby Lobby - Greenville | 436,451 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
6.05 | Kroger - Fort Wayne | 381,149 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
6.06 | Dollar Tree - Fort Wayne | 133,132 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
6.07 | Dollar General - Houston | 114,519 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
6.08 | Family Dollar - Memphis | 96,589 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
6.09 | Family Dollar - Commerce City | 89,887 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
6.10 | Family Dollar - Columbus | 101,943 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
6.11 | Dollar General - OKC | 92,960 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
6.12 | Dollar General - Chicago | 112,923 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
6.13 | Family Dollar - Beaumont | 62,889 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7 | U-Haul AREC Portfolio 43 | 3,910,613 | 96.0% | 10/1/2020 | TTM 10/31/2020 | 5,930,302 | 1,806,914 | 4,123,388 | Actual 2019 | 4,130,935 | 1,686,223 | 2,444,712 | ||||
7.01 | U-Haul Moving & Storage at Joe Battle & I-10 | NAV | 94.3% | 10/1/2020 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.02 | U-Haul Moving & Storage of North Smithfield | NAV | 99.0% | 10/1/2020 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.03 | U-Haul Moving & Storage of Downtown Waterbury | NAV | 96.3% | 10/1/2020 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.04 | U-Haul Moving & Storage of the White Mountains | NAV | 99.2% | 10/1/2020 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.05 | U-Haul Moving & Storage of Wapato Park | NAV | 83.3% | 10/1/2020 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.06 | U-Haul of Moultonborough Self-Storage | NAV | 100.0% | 10/1/2020 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.07 | U-Haul Moving & Storage of Downtown Grand Rapids | NAV | 99.5% | 10/1/2020 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.08 | U-Haul Moving & Storage of Canton | NAV | 93.6% | 10/1/2020 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.09 | U-Haul Storage of Twin Falls | NAV | 100.0% | 10/1/2020 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.10 | U-Haul Moving & Storage of Twin Falls | NAV | 99.5% | 10/1/2020 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
7.11 | U-Haul at 12th & L | NAV | NAP | NAP | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
8 | McDonald’s Global HQ | 19,947,666 | 97.3% | 11/4/2020 | TTM 8/31/2020 | 24,482,435 | 13,669,779 | 10,812,656 | Actual 2019 | 20,415,976 | 12,520,615 | 7,895,362 | ||||
9 | Inland SE Self Storage Portfolio | 3,011,485 | 89.2% | 11/11/2020 | Various | 4,686,487 | 1,439,580 | 3,246,907 | Actual 2019 | 4,764,805 | 1,399,241 | 3,365,564 | ||||
9.01 | Life Storage - 708 | 717,516 | 89.8% | 11/11/2020 | TTM 10/31/2020 | 1,023,902 | 235,169 | 788,733 | Actual 2019 | 1,041,556 | 227,313 | 814,243 | ||||
9.02 | Life Storage - 797 | 691,706 | 95.3% | 11/11/2020 | TTM 10/31/2020 | 991,377 | 246,624 | 744,753 | Actual 2019 | 991,333 | 231,370 | 759,963 | ||||
9.03 | Life Storage - 798 | 648,102 | 92.9% | 11/11/2020 | TTM 10/31/2020 | 972,415 | 269,077 | 703,338 | Actual 2019 | 978,685 | 256,789 | 721,896 | ||||
9.04 | Devon Self Storage | 457,669 | 81.1% | 11/11/2020 | TTM 8/31/2020 | 939,333 | 469,853 | 469,480 | Actual 2019 | 974,300 | 479,997 | 494,303 | ||||
9.05 | Life Storage - 701 | 496,492 | 88.9% | 11/11/2020 | TTM 10/31/2020 | 759,460 | 218,857 | 540,603 | Actual 2019 | 778,931 | 203,772 | 575,159 | ||||
10 | 350 Holger Way | 3,196,627 | 100.0% | 2/1/2021 | Annualized 9 9/30/2020 | 1,029,413 | 641,091 | 388,323 | NAV | NAV | NAV | NAV | ||||
11 | ExchangeRight Net Leased Portfolio #41 | 5,596,413 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.01 | Dignity Health - Glendale, AZ | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.02 | Walmart Neighborhood Market - Mobile, AL | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.03 | Walmart Neighborhood Market - Forest, VA | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.04 | BioLife Plasma Services L.P. - Avondale, AZ | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.05 | BioLife Plasma Services L.P. - Richmond, VA | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.06 | Natural Grocers - Little Rock, AR | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.07 | Walgreens - Columbus, OH | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.08 | CVS Pharmacy - Schaumburg, IL | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.09 | Hobby Lobby - Odessa, TX | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.10 | Tractor Supply - Toughkenamon, PA | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.11 | Walgreens - Harker Heights, TX | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.12 | Fresenius Medical Care - Hephzibah, GA | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.13 | Tractor Supply - Alexandria, LA | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.14 | Dollar Tree - Brown Deer, WI | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.15 | Dollar General - Odessa, TX | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.16 | Dollar General - New Castle, PA | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.17 | Dollar General - Evansville, IN | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
11.18 | Dollar General - Harlingen, TX | NAV | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
12 | Coleman Highline | 15,507,894 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
13 | Fresh Pond Cambridge | 5,330,825 | 82.8% | 8/28/2020 | TTM 7/31/2020 | 8,166,026 | 2,335,510 | 5,830,516 | Actual 2019 | 8,429,826 | 2,472,908 | 5,956,917 | ||||
14 | Holliswood Owners Corp. | 2,754,989 | 96.1% | 11/10/2020 | ||||||||||||
15 | Harvard West (Roseburg DHS Office) | 1,794,034 | 100.0% | 2/1/2021 | TTM 9/30/2020 | 2,096,128 | 356,406 | 1,739,723 | Actual 2019 | 2,061,638 | 358,622 | 1,703,016 | ||||
16 | 23000 Millcreek Boulevard | 1,825,956 | 91.6% | 11/25/2020 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
17 | Laguna Hills Self Storage | 1,523,651 | 92.8% | 10/23/2020;10/31/2020 | TTM 10/31/2020 | 2,017,214 | 526,458 | 1,490,756 | Actual 2019 | 1,995,683 | 535,215 | 1,460,468 | ||||
18 | Newport Court | 1,650,684 | 89.9% | 1/1/2021 | TTM 11/30/2020 | 1,834,070 | 5,761 | 1,828,309 | Actual 2019 | 1,885,073 | 0 | 1,885,073 | ||||
19 | EZ Storage Southfield Portfolio | 1,296,161 | 95.3% | 11/16/2020 | TTM 11/30/2020 | 2,196,541 | 959,655 | 1,236,886 | Actual 2019 | 1,918,631 | 958,812 | 959,819 | ||||
19.01 | EZ Southfield | 581,100 | 92.1% | 11/17/2020 | TTM 11/30/2020 | 998,140 | 497,611 | 500,529 | Actual 2019 | 671,264 | 513,448 | 157,816 | ||||
19.02 | EZ Evergreen | 715,061 | 98.5% | 11/17/2020 | TTM 11/30/2020 | 1,198,401 | 462,044 | 736,357 | Actual 2019 | 1,247,367 | 445,364 | 802,003 | ||||
20 | Naiman Industrial Portfolio | 1,460,721 | 92.8% | 12/14/2020 | TTM 10/31/2020 | 2,396,230 | 720,392 | 1,675,838 | Actual 2019 | 2,000,777 | 919,152 | 1,081,625 | ||||
20.01 | Richmond Road Industrial | 639,554 | 92.5% | 12/14/2020 | TTM 10/31/2020 | 1,072,787 | 340,758 | 732,029 | Actual 2019 | 849,962 | 548,478 | 301,484 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | U/W Net Cash Flow ($) | Occupancy Rate | Occupancy as-of Date | U/W Hotel ADR | U/W Hotel RevPAR | Most Recent Period | Most Recent Revenues ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent Hotel ADR | Most Recent Hotel RevPAR | Second Most Recent Period | Second Most Recent Revenues ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) |
20.02 | Fargo Industrial | 266,876 | 100.0% | 12/14/2020 | TTM 10/31/2020 | 319,759 | 90,690 | 229,069 | Actual 2019 | 167,889 | 104,854 | 63,035 | ||||
20.03 | Fargo Development | 332,696 | 97.3% | 12/14/2020 | TTM 10/31/2020 | 495,793 | 173,050 | 322,743 | Actual 2019 | 471,284 | 132,463 | 338,821 | ||||
20.04 | Eastland Industrial | 221,595 | 80.2% | 12/14/2020 | TTM 10/31/2020 | 507,891 | 115,894 | 391,997 | Actual 2019 | 511,642 | 133,357 | 378,285 | ||||
21 | Mission Ridge - CA | 1,275,127 | 100.0% | 8/1/2020 | TTM 11/30/2020 | 1,852,158 | 441,656 | 1,410,502 | Actual 2019 | 1,876,401 | 487,202 | 1,389,199 | ||||
22 | All Aboard - 4 Property Portfolio | 1,301,373 | 96.5% | Various | TTM 11/30/2020 | 2,020,852 | 671,245 | 1,349,608 | Actual 2019 | 2,040,665 | 656,171 | 1,384,494 | ||||
22.01 | Big Tree Depot | 490,338 | 95.3% | 12/7/2020 | TTM 11/30/2020 | 735,117 | 230,297 | 504,820 | Actual 2019 | 750,096 | 213,520 | 536,577 | ||||
22.02 | Daytona Depot | 361,359 | 95.8% | 12/7/2020 | TTM 11/30/2020 | 535,496 | 176,050 | 359,445 | Actual 2019 | 547,213 | 173,231 | 373,982 | ||||
22.03 | Hand & Yonge | 233,554 | 97.5% | 12/7/2020 | TTM 11/30/2020 | 365,188 | 117,832 | 247,355 | Actual 2019 | 366,862 | 118,229 | 248,633 | ||||
22.04 | Clark Office Building | 216,121 | 98.6% | 12/31/2020 | TTM 11/30/2020 | 385,053 | 147,065 | 237,987 | Actual 2019 | 376,494 | 151,191 | 225,303 | ||||
23 | C.C. Filson World Headquarters | 1,246,848 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
24 | 100 & 200 Westlake - CA | 1,181,782 | 90.4% | 12/9/2020 | Annualized 9 11/30/2020 | 2,037,634 | 702,110 | 1,335,524 | Actual 2019 | 1,829,776 | 786,526 | 1,043,250 | ||||
25 | Guardian Storage Bridgeville | 1,099,645 | 89.7% | 12/1/2020 | TTM 10/31/2020 | 1,573,142 | 503,899 | 1,069,243 | Actual 2019 | 1,603,914 | 522,291 | 1,081,623 | ||||
26 | East Manchester Village | 1,203,522 | 96.4% | 12/10/2020 | Annualized 9 9/30/2020 | 1,675,225 | 474,623 | 1,200,603 | Actual 2019 | 1,780,612 | 569,368 | 1,211,244 | ||||
27 | 3900 Kinross | 944,551 | 100.0% | 11/30/2020 | TTM 10/31/2020 | 1,115,251 | 535,084 | 580,167 | Actual 2019 | 692,254 | 476,016 | 216,239 | ||||
28 | Guardian Storage Fox Chapel | 882,319 | 93.0% | 12/1/2020 | TTM 10/31/2020 | 1,316,320 | 458,243 | 858,077 | Actual 2019 | 1,278,816 | 460,614 | 818,202 | ||||
29 | Apple Cupertino | 884,043 | 100.0% | 2/1/2021 | TTM 9/30/2020 | 812,302 | 0 | 812,302 | Actual 2019 | 795,695 | 0 | 795,695 | ||||
30 | Amazon - Hazleton, PA | 783,999 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
31 | Walgreens Anchorage AK | 712,856 | 100.0% | 2/1/2021 | TTM 11/30/2020 | 722,261 | 0 | 722,261 | Actual 2019 | 722,261 | 0 | 722,261 | ||||
32 | Sunset Hills | 967,927 | 84.7% | 12/1/2020 | TTM 10/31/2020 | 1,174,407 | 207,137 | 967,270 | Actual 2019 | 1,137,463 | 191,020 | 946,443 | ||||
33 | 440 East 62nd St. Owners Corp. | 2,590,896 | 95.0% | 9/30/2020 | ||||||||||||
34 | Quinnipiac Gardens | 514,332 | 98.6% | 10/27/2020 | TTM 10/31/2020 | 994,209 | 376,420 | 617,789 | Actual 2019 | 980,280 | 370,089 | 610,191 | ||||
35 | Walgreens - Fresno | 490,642 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
36 | Walgreens - Glenview | 463,192 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
37 | A1 Access Self Storage | 505,479 | 94.2% | 11/24/2020 | TTM 10/31/2020 | 748,594 | 288,340 | 460,254 | Actual 2019 | 754,677 | 278,017 | 476,660 | ||||
38 | 1049 5th Avenue | 437,177 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
39 | Hemet Self Storage | 559,049 | 93.5% | 11/23/2020 | TTM 9/30/2020 | 811,805 | 288,160 | 523,645 | Actual 2019 | 668,086 | 265,000 | 403,086 | ||||
40 | Katy Station Business Park and West Belt | 384,347 | 88.6% | Various | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
40.01 | West Belt Business Park | 224,659 | 100.0% | 11/19/2020 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
40.02 | Katy Station | 159,688 | 72.3% | 11/15/2020 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
41 | 45-26 44th Street | 384,342 | 93.5% | 10/8/2020 | TTM 9/30/2020 | 827,727 | 437,336 | 390,391 | Actual 2019 | 801,189 | 426,539 | 374,650 | ||||
42 | 25 West 13th Corp. | 3,084,086 | 94.5% | 10/29/2020 | ||||||||||||
43 | Jackson 34 Realty Corp. | 1,222,054 | 93.0% | 11/11/2020 | ||||||||||||
44 | 980 Fifth Avenue | 331,873 | 100.0% | 12/1/2020 | TTM 9/30/2020 | 433,745 | 155,731 | 278,014 | Actual 2019 | 488,468 | 143,048 | 345,420 | ||||
45 | Rent A Space Dunbar | 283,714 | 89.5% | 10/31/2020 | TTM 10/31/2020 | 520,728 | 223,368 | 297,360 | Actual 2019 | 523,324 | 218,835 | 304,489 | ||||
46 | 365 Bronx River Road Owners, Inc. | 945,239 | 93.0% | 11/12/2020 | ||||||||||||
47 | Ottawa Kansas MHC Portfolio | 274,886 | 96.6% | 11/23/2020 | TTM 1/31/2020 | 498,378 | 228,829 | 269,549 | Actual 2019 | 495,173 | 239,329 | 255,844 | ||||
47.01 | Acres Estates | 168,901 | 97.2% | 11/23/2020 | TTM 1/31/2020 | 330,216 | 170,509 | 159,707 | Actual 2019 | 328,390 | 179,050 | 149,340 | ||||
47.02 | Cherrywood Estates | 105,985 | 95.6% | 11/23/2020 | TTM 1/31/2020 | 168,162 | 58,320 | 109,842 | Actual 2019 | 166,783 | 60,279 | 106,504 | ||||
48 | Hawthorn Self Storage | 298,618 | 93.3% | 10/5/2020 | TTM 9/30/2020 | 492,761 | 184,511 | 308,250 | Actual 2019 | 516,059 | 197,413 | 318,646 | ||||
49 | 3111 Tenant’s Corp. a/k/a 3111 Tenants Corp. | 644,503 | 94.9% | 9/17/2020 | ||||||||||||
50 | Michelle Tenants Corp. | 663,819 | 96.3% | 11/2/2020 | ||||||||||||
51 | Plaza East Owners Corp. | 1,203,833 | 93.0% | 11/6/2020 | ||||||||||||
52 | Rugby Road Owners Corp. | 552,264 | 96.2% | 10/19/2020 | ||||||||||||
53 | 575 Riverhouse Corp. | 648,277 | 93.0% | 10/27/2020 | ||||||||||||
54 | 424 East 57th Street Tenants Corp. | 503,264 | 93.0% | 10/7/2020 | ||||||||||||
55 | Walgreens – Laurel | 161,717 | 100.0% | 2/1/2021 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
56 | 599 Wea Owners Corp. | 542,579 | 94.1% | 10/29/2020 | ||||||||||||
57 | 30-40 Fleetwood Avenue Apartment Corp. | 1,409,019 | 95.3% | 9/9/2020 | ||||||||||||
58 | 57 Thompson Corp. | 400,987 | 93.0% | 7/23/2020 | ||||||||||||
59 | 2 W. 90th St. Housing Corp. | 198,334 | 94.0% | 11/10/2020 | ||||||||||||
60 | Grand Liberte Cooperative, Inc. | 1,328,474 | 93.0% | 8/19/2020 | ||||||||||||
61 | 362 West Broadway Cooperative Corp. | 1,197,150 | 91.8% | 10/1/2020 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Second Most Recent Hotel ADR | Second Most Recent Hotel RevPAR | Third Most Recent Period | Third Most Recent Revenues ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent Hotel ADR | Third Most Recent Hotel RevPAR | Master Lease (Y/N) | Largest Tenant Name(7)(8) | Largest Tenant Sq. Ft. | Largest Tenant % of NRA |
1 | McClellan Park | Actual 2018 | 39,655,018 | 14,730,525 | 24,924,493 | N | Amazon | 417,637 | 6.0% | ||||
2 | 605 Third Avenue | Actual 2018 | 45,432,848 | 34,634,376 | 10,798,472 | N | Univision Communications, Inc. | 194,701 | 18.9% | ||||
3 | Miami Design District | Actual 2017 | 41,415,267 | 15,801,105 | 25,614,162 | N | Holly Hunt | 24,897 | 5.0% | ||||
4 | ExchangeRight Net Leased Portfolio #42 | NAV | NAV | NAV | NAV | Y | Various | Various | Various | ||||
4.01 | Walmart Neighborhood Market - Huntsville (Bailey Cove), AL | NAV | NAV | NAV | NAV | Y | Walmart Neighborhood Market | 43,101 | 100.0% | ||||
4.02 | Walmart Neighborhood Market - Theodore (Theodore), AL | NAV | NAV | NAV | NAV | Y | Walmart Neighborhood Market | 42,661 | 100.0% | ||||
4.03 | Walgreens - Peoria (Pioneer), IL | NAV | NAV | NAV | NAV | Y | Walgreens | 14,490 | 100.0% | ||||
4.04 | Tractor Supply - Kennesaw (Blue Spring), GA | NAV | NAV | NAV | NAV | Y | Tractor Supply | 19,156 | 100.0% | ||||
4.05 | Walgreens - Bettendorf (Middle), IA | NAV | NAV | NAV | NAV | Y | Walgreens | 14,503 | 100.0% | ||||
4.06 | Walgreens - Dallas (Ledbetter), TX | NAV | NAV | NAV | NAV | Y | Walgreens | 15,047 | 100.0% | ||||
4.07 | Walgreens - Fort Worth (28th), TX | NAV | NAV | NAV | NAV | Y | Walgreens | 15,047 | 100.0% | ||||
4.08 | CVS Pharmacy - Forest Park (Forest), GA | NAV | NAV | NAV | NAV | Y | CVS Pharmacy | 10,125 | 100.0% | ||||
4.09 | Fresenius Medical Care - Oshkosh (Omro), WI | NAV | NAV | NAV | NAV | Y | Fresenius Medical Care | 7,243 | 100.0% | ||||
4.10 | Family Dollar - Syracuse (Salina), NY | NAV | NAV | NAV | NAV | Y | Family Dollar | 8,320 | 100.0% | ||||
4.11 | Family Dollar - Lebanon (Maple), PA | NAV | NAV | NAV | NAV | Y | Family Dollar | 8,320 | 100.0% | ||||
4.12 | Dollar General - Alvin (FM 1462), TX | NAV | NAV | NAV | NAV | Y | Dollar General | 9,026 | 100.0% | ||||
4.13 | Dollar General - Liverpool (Oswego), NY | NAV | NAV | NAV | NAV | Y | Dollar General | 6,831 | 100.0% | ||||
4.14 | Dollar General - Cleburne (County Rd 427A), TX | NAV | NAV | NAV | NAV | Y | Dollar General | 9,100 | 100.0% | ||||
5 | 250 West 57th Street | Actual 2018 | 32,704,841 | 13,558,692 | 19,146,149 | N | American Society of Composers, Authors and Publishers | 87,943 | 16.2% | ||||
6 | ExchangeRight REIT 2 | NAV | NAV | NAV | NAV | N | Various | Various | Various | ||||
6.01 | Walmart Neighborhood Market - Huntsville | NAV | NAV | NAV | NAV | N | Walmart Neighborhood Market | 41,951 | 100.0% | ||||
6.02 | Biolife - Las Vegas | NAV | NAV | NAV | NAV | N | BioLife Plasma Services | 15,450 | 100.0% | ||||
6.03 | Kroger - Farmington | NAV | NAV | NAV | NAV | N | Kroger | 43,909 | 100.0% | ||||
6.04 | Hobby Lobby - Greenville | NAV | NAV | NAV | NAV | N | Hobby Lobby | 55,060 | 100.0% | ||||
6.05 | Kroger - Fort Wayne | NAV | NAV | NAV | NAV | N | Kroger | 60,782 | 100.0% | ||||
6.06 | Dollar Tree - Fort Wayne | NAV | NAV | NAV | NAV | N | Dollar Tree | 10,000 | 100.0% | ||||
6.07 | Dollar General - Houston | NAV | NAV | NAV | NAV | N | Dollar General | 8,373 | 100.0% | ||||
6.08 | Family Dollar - Memphis | NAV | NAV | NAV | NAV | N | Family Dollar | 9,255 | 100.0% | ||||
6.09 | Family Dollar - Commerce City | NAV | NAV | NAV | NAV | N | Family Dollar | 8,017 | 100.0% | ||||
6.10 | Family Dollar - Columbus | NAV | NAV | NAV | NAV | N | Family Dollar | 8,505 | 100.0% | ||||
6.11 | Dollar General - OKC | NAV | NAV | NAV | NAV | N | Dollar General | 8,549 | 100.0% | ||||
6.12 | Dollar General - Chicago | NAV | NAV | NAV | NAV | N | Dollar General | 9,692 | 100.0% | ||||
6.13 | Family Dollar - Beaumont | NAV | NAV | NAV | NAV | N | Family Dollar | 10,080 | 100.0% | ||||
7 | U-Haul AREC Portfolio 43 | Actual 2018 | 3,461,743 | 1,574,029 | 1,887,714 | N | |||||||
7.01 | U-Haul Moving & Storage at Joe Battle & I-10 | NAV | NAV | NAV | NAV | N | |||||||
7.02 | U-Haul Moving & Storage of North Smithfield | NAV | NAV | NAV | NAV | N | |||||||
7.03 | U-Haul Moving & Storage of Downtown Waterbury | NAV | NAV | NAV | NAV | N | |||||||
7.04 | U-Haul Moving & Storage of the White Mountains | NAV | NAV | NAV | NAV | N | |||||||
7.05 | U-Haul Moving & Storage of Wapato Park | NAV | NAV | NAV | NAV | N | |||||||
7.06 | U-Haul of Moultonborough Self-Storage | NAV | NAV | NAV | NAV | N | |||||||
7.07 | U-Haul Moving & Storage of Downtown Grand Rapids | NAV | NAV | NAV | NAV | N | |||||||
7.08 | U-Haul Moving & Storage of Canton | NAV | NAV | NAV | NAV | N | |||||||
7.09 | U-Haul Storage of Twin Falls | NAV | NAV | NAV | NAV | N | |||||||
7.10 | U-Haul Moving & Storage of Twin Falls | NAV | NAV | NAV | NAV | N | |||||||
7.11 | U-Haul at 12th & L | NAV | NAV | NAV | NAV | N | |||||||
8 | McDonald’s Global HQ | NAV | NAV | NAV | NAV | N | McDonald’s | 532,526 | 92.6% | ||||
9 | Inland SE Self Storage Portfolio | Actual 2018 | 4,806,089 | 1,339,198 | 3,466,891 | N | |||||||
9.01 | Life Storage - 708 | Actual 2018 | 1,041,197 | 226,207 | 814,990 | N | |||||||
9.02 | Life Storage - 797 | Actual 2018 | 1,020,372 | 238,619 | 781,753 | N | |||||||
9.03 | Life Storage - 798 | Actual 2018 | 1,014,238 | 261,220 | 753,018 | N | |||||||
9.04 | Devon Self Storage | Actual 2018 | 961,565 | 420,492 | 541,073 | N | |||||||
9.05 | Life Storage - 701 | Actual 2018 | 768,717 | 192,660 | 576,057 | N | |||||||
10 | 350 Holger Way | NAV | NAV | NAV | NAV | N | NXP USA, Inc. | 96,502 | 100.0% | ||||
11 | ExchangeRight Net Leased Portfolio #41 | NAV | NAV | NAV | NAV | Y | Various | Various | Various | ||||
11.01 | Dignity Health - Glendale, AZ | NAV | NAV | NAV | NAV | Y | Dignity Health - Glendale, AZ | 11,060 | 100.0% | ||||
11.02 | Walmart Neighborhood Market - Mobile, AL | NAV | NAV | NAV | NAV | Y | Walmart Neighborhood Market - Mobile, AL | 41,920 | 100.0% | ||||
11.03 | Walmart Neighborhood Market - Forest, VA | NAV | NAV | NAV | NAV | Y | Walmart Neighborhood Market - Forest, VA | 41,117 | 100.0% | ||||
11.04 | BioLife Plasma Services L.P. - Avondale, AZ | NAV | NAV | NAV | NAV | Y | BioLife Plasma Services L.P. - Avondale, AZ | 14,410 | 100.0% | ||||
11.05 | BioLife Plasma Services L.P. - Richmond, VA | NAV | NAV | NAV | NAV | Y | BioLife Plasma Services L.P. - Richmond, VA | 11,269 | 100.0% | ||||
11.06 | Natural Grocers - Little Rock, AR | NAV | NAV | NAV | NAV | Y | Natural Grocers - Little Rock, AR | 15,000 | 100.0% | ||||
11.07 | Walgreens - Columbus, OH | NAV | NAV | NAV | NAV | Y | Walgreens - Columbus, OH | 15,120 | 100.0% | ||||
11.08 | CVS Pharmacy - Schaumburg, IL | NAV | NAV | NAV | NAV | Y | CVS Pharmacy - Schaumburg, IL | 13,013 | 100.0% | ||||
11.09 | Hobby Lobby - Odessa, TX | NAV | NAV | NAV | NAV | Y | Hobby Lobby - Odessa, TX | 62,812 | 100.0% | ||||
11.10 | Tractor Supply - Toughkenamon, PA | NAV | NAV | NAV | NAV | Y | Tractor Supply - Toughkenamon, PA | 19,097 | 100.0% | ||||
11.11 | Walgreens - Harker Heights, TX | NAV | NAV | NAV | NAV | Y | Walgreens - Harker Heights, TX | 14,820 | 100.0% | ||||
11.12 | Fresenius Medical Care - Hephzibah, GA | NAV | NAV | NAV | NAV | Y | Fresenius Medical Care - Hephzibah, GA | 6,192 | 100.0% | ||||
11.13 | Tractor Supply - Alexandria, LA | NAV | NAV | NAV | NAV | Y | Tractor Supply - Alexandria, LA | 19,097 | 100.0% | ||||
11.14 | Dollar Tree - Brown Deer, WI | NAV | NAV | NAV | NAV | Y | Dollar Tree - Brown Deer, WI | 9,560 | 100.0% | ||||
11.15 | Dollar General - Odessa, TX | NAV | NAV | NAV | NAV | Y | Dollar General - Odessa, TX | 10,566 | 100.0% | ||||
11.16 | Dollar General - New Castle, PA | NAV | NAV | NAV | NAV | Y | Dollar General - New Castle, PA | 9,100 | 100.0% | ||||
11.17 | Dollar General - Evansville, IN | NAV | NAV | NAV | NAV | Y | Dollar General - Evansville, IN | 9,026 | 100.0% | ||||
11.18 | Dollar General - Harlingen, TX | NAV | NAV | NAV | NAV | Y | Dollar General - Harlingen, TX | 9,002 | 100.0% | ||||
12 | Coleman Highline | NAV | NAV | NAV | NAV | N | Roku | 357,106 | 100.0% | ||||
13 | Fresh Pond Cambridge | Actual 2018 | 8,403,569 | 2,382,552 | 6,021,017 | N | Whole Foods Market | 45,150 | 19.9% | ||||
14 | Holliswood Owners Corp. | ||||||||||||
15 | Harvard West (Roseburg DHS Office) | Actual 2018 | 2,021,777 | 322,108 | 1,699,670 | N | State of Oregon - Department of Human Services | 80,798 | 100.0% | ||||
16 | 23000 Millcreek Boulevard | NAV | NAV | NAV | NAV | N | AML Rightsource | 72,825 | 47.0% | ||||
17 | Laguna Hills Self Storage | Actual 2018 | 1,910,388 | 511,847 | 1,398,541 | N | |||||||
18 | Newport Court | Actual 2018 | 1,829,879 | 0 | 1,829,879 | N | Newport Corp | 190,857 | 89.9% | ||||
19 | EZ Storage Southfield Portfolio | Various | Various | Various | Various | N | |||||||
19.01 | EZ Southfield | NAV | NAV | NAV | NAV | N | |||||||
19.02 | EZ Evergreen | Actual 2018 | 1,303,696 | 441,068 | 862,628 | N | |||||||
20 | Naiman Industrial Portfolio | Actual 2018 | 1,909,600 | 880,700 | 1,028,900 | N | Various | Various | Various | ||||
20.01 | Richmond Road Industrial | Actual 2018 | 879,606 | 431,417 | 448,189 | N | Gunton Corporation | 74,568 | 22.6% |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Second Most Recent Hotel ADR | Second Most Recent Hotel RevPAR | Third Most Recent Period | Third Most Recent Revenues ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent Hotel ADR | Third Most Recent Hotel RevPAR | Master Lease (Y/N) | Largest Tenant Name(7)(8) | Largest Tenant Sq. Ft. | Largest Tenant % of NRA |
20.02 | Fargo Industrial | Actual 2018 | 217,672 | 91,399 | 126,273 | N | Choice Cabinet | 83,380 | 100.0% | ||||
20.03 | Fargo Development | Actual 2018 | 451,000 | 210,464 | 240,536 | N | Northern Ohio Finishing | 26,714 | 30.2% | ||||
20.04 | Eastland Industrial | Actual 2018 | 361,322 | 147,420 | 213,902 | N | 48 Hour Press/E-Digital | 32,392 | 45.5% | ||||
21 | Mission Ridge - CA | Actual 2018 | 1,831,671 | 455,976 | 1,375,695 | N | Safeway #3124 | 58,090 | 60.2% | ||||
22 | All Aboard - 4 Property Portfolio | Actual 2018 | 1,959,610 | 685,822 | 1,273,788 | N | Various | Various | Various | ||||
22.01 | Big Tree Depot | Actual 2018 | 747,073 | 224,211 | 522,862 | N | |||||||
22.02 | Daytona Depot | Actual 2018 | 529,892 | 172,940 | 356,951 | N | |||||||
22.03 | Hand & Yonge | Actual 2018 | 365,832 | 115,439 | 250,393 | N | |||||||
22.04 | Clark Office Building | Actual 2018 | 316,813 | 173,231 | 143,582 | N | Progressive Medical Research | 15,352 | 53.5% | ||||
23 | C.C. Filson World Headquarters | NAV | NAV | NAV | NAV | N | CC Filson World HQ | 51,284 | 100.0% | ||||
24 | 100 & 200 Westlake - CA | Actual 2018 | 1,821,700 | 723,081 | 1,098,619 | N | Morgan Stanley Smith Barney Financing LLC | 20,456 | 29.3% | ||||
25 | Guardian Storage Bridgeville | Actual 2018 | 1,562,305 | 502,598 | 1,059,707 | N | |||||||
26 | East Manchester Village | Actual 2018 | 1,601,396 | 489,494 | 1,111,902 | N | Giant Food | 61,463 | 49.9% | ||||
27 | 3900 Kinross | Actual 2018 | 687,336 | 541,165 | 146,170 | N | Assured Partners | 32,090 | 37.1% | ||||
28 | Guardian Storage Fox Chapel | Actual 2018 | 1,193,296 | 436,648 | 756,648 | N | |||||||
29 | Apple Cupertino | Actual 2018 | 753,326 | 28,877 | 724,449 | N | Apple Inc. | 30,065 | 100.0% | ||||
30 | Amazon - Hazleton, PA | NAV | NAV | NAV | NAV | N | Amazon.com Services, Inc. | 69,300 | 100.0% | ||||
31 | Walgreens Anchorage AK | Actual 2018 | 722,261 | 0 | 722,261 | N | Walgreens Anchorage AK | 14,550 | 100.0% | ||||
32 | Sunset Hills | Actual 2018 | 1,075,925 | 207,141 | 868,784 | N | Management Trust | 4,850 | 7.6% | ||||
33 | 440 East 62nd St. Owners Corp. | ||||||||||||
34 | Quinnipiac Gardens | Actual 2018 | 877,650 | 389,376 | 488,274 | N | |||||||
35 | Walgreens - Fresno | NAV | NAV | NAV | NAV | N | Walgreens | 15,120 | 100.0% | ||||
36 | Walgreens - Glenview | NAV | NAV | NAV | NAV | N | Walgreens | 15,167 | 100.0% | ||||
37 | A1 Access Self Storage | Actual 2018 | 729,600 | 317,967 | 411,633 | N | |||||||
38 | 1049 5th Avenue | NAV | NAV | NAV | NAV | N | Fifth Avenue Surgery Center | 7,751 | 100.0% | ||||
39 | Hemet Self Storage | Annualized 5 12/31/2018 | 399,600 | 194,729 | 204,871 | N | |||||||
40 | Katy Station Business Park and West Belt | NAV | NAV | NAV | NAV | N | Various | Various | Various | ||||
40.01 | West Belt Business Park | NAV | NAV | NAV | NAV | N | Precision Scales | 4,800 | 12.4% | ||||
40.02 | Katy Station | NAV | NAV | NAV | NAV | N | S&D Threads | 2,750 | 10.2% | ||||
41 | 45-26 44th Street | Actual 2018 | 797,053 | 339,861 | 457,192 | N | |||||||
42 | 25 West 13th Corp. | ||||||||||||
43 | Jackson 34 Realty Corp. | ||||||||||||
44 | 980 Fifth Avenue | Actual 2018 | 479,241 | 174,375 | 304,866 | N | Seagate Properties, Inc. | 5,794 | 52.7% | ||||
45 | Rent A Space Dunbar | Actual 2018 | 519,423 | 216,788 | 302,635 | N | |||||||
46 | 365 Bronx River Road Owners, Inc. | ||||||||||||
47 | Ottawa Kansas MHC Portfolio | Actual 2018 | 487,867 | 250,363 | 237,504 | N | |||||||
47.01 | Acres Estates | Actual 2018 | 333,792 | 198,742 | 135,050 | N | |||||||
47.02 | Cherrywood Estates | Actual 2018 | 154,075 | 51,621 | 102,454 | N | |||||||
48 | Hawthorn Self Storage | Actual 2018 | 491,412 | 190,001 | 301,411 | N | |||||||
49 | 3111 Tenant’s Corp. a/k/a 3111 Tenants Corp. | ||||||||||||
50 | Michelle Tenants Corp. | ||||||||||||
51 | Plaza East Owners Corp. | ||||||||||||
52 | Rugby Road Owners Corp. | ||||||||||||
53 | 575 Riverhouse Corp. | ||||||||||||
54 | 424 East 57th Street Tenants Corp. | ||||||||||||
55 | Walgreens – Laurel | NAV | NAV | NAV | NAV | N | Walgreens | 14,772 | 100.0% | ||||
56 | 599 Wea Owners Corp. | ||||||||||||
57 | 30-40 Fleetwood Avenue Apartment Corp. | ||||||||||||
58 | 57 Thompson Corp. | ||||||||||||
59 | 2 W. 90th St. Housing Corp. | ||||||||||||
60 | Grand Liberte Cooperative, Inc. | ||||||||||||
61 | 362 West Broadway Cooperative Corp. |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Largest Tenant Exp. Date | 2nd Largest Tenant Name(7)(8)(9) | 2nd Largest Tenant Sq. Ft. | 2nd Largest Tenant % of NRA | 2nd Largest Tenant Exp. Date | 3rd Largest Tenant Name(7)(8) | 3rd Largest Tenant Sq. Ft. | 3rd Largest Tenant % of NRA | 3rd Largest Tenant Exp. Date |
1 | McClellan Park | 6/30/2030 | Hydra Distribution | 388,784 | 5.6% | 4/16/2025 | Dome Printing | 320,000 | 4.6% | 11/17/2033 |
2 | 605 Third Avenue | 12/31/2028 | United Nations Population Fund | 130,740 | 12.7% | 12/31/2025 | Broadridge Financial Solutions, Inc. | 87,165 | 8.5% | 1/31/2035 |
3 | Miami Design District | 4/30/2025 | Fendi Casa/Luxury Living | 22,439 | 4.5% | 4/16/2027 | Dacra | 18,828 | 3.8% | 1/31/2023 |
4 | ExchangeRight Net Leased Portfolio #42 | Various | ||||||||
4.01 | Walmart Neighborhood Market - Huntsville (Bailey Cove), AL | 1/26/2031 | ||||||||
4.02 | Walmart Neighborhood Market - Theodore (Theodore), AL | 1/26/2031 | ||||||||
4.03 | Walgreens - Peoria (Pioneer), IL | 7/31/2032 | ||||||||
4.04 | Tractor Supply - Kennesaw (Blue Spring), GA | 9/30/2035 | ||||||||
4.05 | Walgreens - Bettendorf (Middle), IA | 12/31/2030 | ||||||||
4.06 | Walgreens - Dallas (Ledbetter), TX | 7/31/2031 | ||||||||
4.07 | Walgreens - Fort Worth (28th), TX | 7/31/2031 | ||||||||
4.08 | CVS Pharmacy - Forest Park (Forest), GA | 12/31/2035 | ||||||||
4.09 | Fresenius Medical Care - Oshkosh (Omro), WI | 3/31/2035 | ||||||||
4.10 | Family Dollar - Syracuse (Salina), NY | 9/30/2031 | ||||||||
4.11 | Family Dollar - Lebanon (Maple), PA | 3/31/2033 | ||||||||
4.12 | Dollar General - Alvin (FM 1462), TX | 10/11/2035 | ||||||||
4.13 | Dollar General - Liverpool (Oswego), NY | 9/30/2030 | ||||||||
4.14 | Dollar General - Cleburne (County Rd 427A), TX | 9/1/2033 | ||||||||
5 | 250 West 57th Street | 8/31/2034 | The TJX Companies, Inc. | 46,644 | 8.6% | 11/30/2030 | Concord Music | 46,329 | 8.5% | 12/10/2035 |
6 | ExchangeRight REIT 2 | Various | ||||||||
6.01 | Walmart Neighborhood Market - Huntsville | 10/4/2031 | ||||||||
6.02 | Biolife - Las Vegas | 11/30/2035 | ||||||||
6.03 | Kroger - Farmington | 4/30/2034 | ||||||||
6.04 | Hobby Lobby - Greenville | 5/31/2031 | ||||||||
6.05 | Kroger - Fort Wayne | 4/30/2034 | ||||||||
6.06 | Dollar Tree - Fort Wayne | 10/31/2027 | ||||||||
6.07 | Dollar General - Houston | 6/30/2022 | ||||||||
6.08 | Family Dollar - Memphis | 12/31/2025 | ||||||||
6.09 | Family Dollar - Commerce City | 6/30/2023 | ||||||||
6.10 | Family Dollar - Columbus | 1/31/2022 | ||||||||
6.11 | Dollar General - OKC | 9/30/2022 | ||||||||
6.12 | Dollar General - Chicago | 2/28/2022 | ||||||||
6.13 | Family Dollar - Beaumont | 1/31/2026 | ||||||||
7 | U-Haul AREC Portfolio 43 | |||||||||
7.01 | U-Haul Moving & Storage at Joe Battle & I-10 | |||||||||
7.02 | U-Haul Moving & Storage of North Smithfield | |||||||||
7.03 | U-Haul Moving & Storage of Downtown Waterbury | |||||||||
7.04 | U-Haul Moving & Storage of the White Mountains | |||||||||
7.05 | U-Haul Moving & Storage of Wapato Park | |||||||||
7.06 | U-Haul of Moultonborough Self-Storage | |||||||||
7.07 | U-Haul Moving & Storage of Downtown Grand Rapids | |||||||||
7.08 | U-Haul Moving & Storage of Canton | |||||||||
7.09 | U-Haul Storage of Twin Falls | |||||||||
7.10 | U-Haul Moving & Storage of Twin Falls | |||||||||
7.11 | U-Haul at 12th & L | |||||||||
8 | McDonald’s Global HQ | 7/31/2033 | Politan Row | 10,453 | 1.8% | 5/31/2029 | Walgreens | 9,369 | 1.6% | 9/30/2048 |
9 | Inland SE Self Storage Portfolio | |||||||||
9.01 | Life Storage - 708 | |||||||||
9.02 | Life Storage - 797 | |||||||||
9.03 | Life Storage - 798 | |||||||||
9.04 | Devon Self Storage | |||||||||
9.05 | Life Storage - 701 | |||||||||
10 | 350 Holger Way | 7/31/2027 | ||||||||
11 | ExchangeRight Net Leased Portfolio #41 | Various | ||||||||
11.01 | Dignity Health - Glendale, AZ | 8/22/2034 | ||||||||
11.02 | Walmart Neighborhood Market - Mobile, AL | 11/10/2030 | ||||||||
11.03 | Walmart Neighborhood Market - Forest, VA | 6/9/2030 | ||||||||
11.04 | BioLife Plasma Services L.P. - Avondale, AZ | 10/1/2035 | ||||||||
11.05 | BioLife Plasma Services L.P. - Richmond, VA | 10/31/2035 | ||||||||
11.06 | Natural Grocers - Little Rock, AR | 4/30/2031 | ||||||||
11.07 | Walgreens - Columbus, OH | 1/31/2031 | ||||||||
11.08 | CVS Pharmacy - Schaumburg, IL | 1/31/2031 | ||||||||
11.09 | Hobby Lobby - Odessa, TX | 4/30/2031 | ||||||||
11.10 | Tractor Supply - Toughkenamon, PA | 4/30/2033 | ||||||||
11.11 | Walgreens - Harker Heights, TX | 10/31/2031 | ||||||||
11.12 | Fresenius Medical Care - Hephzibah, GA | 6/30/2030 | ||||||||
11.13 | Tractor Supply - Alexandria, LA | 10/31/2030 | ||||||||
11.14 | Dollar Tree - Brown Deer, WI | 1/31/2031 | ||||||||
11.15 | Dollar General - Odessa, TX | 10/31/2034 | ||||||||
11.16 | Dollar General - New Castle, PA | 10/31/2034 | ||||||||
11.17 | Dollar General - Evansville, IN | 9/30/2035 | ||||||||
11.18 | Dollar General - Harlingen, TX | 9/30/2035 | ||||||||
12 | Coleman Highline | 9/30/2030 | ||||||||
13 | Fresh Pond Cambridge | 1/31/2028 | T J Maxx / Homegoods | 35,432 | 15.6% | 1/31/2031 | PetSmart | 27,731 | 12.2% | 1/1/2023 |
14 | Holliswood Owners Corp. | |||||||||
15 | Harvard West (Roseburg DHS Office) | 11/30/2035 | ||||||||
16 | 23000 Millcreek Boulevard | 9/30/2029 | Paychex | 53,290 | 34.4% | 3/31/2028 | Numerator | 15,802 | 10.2% | 7/16/2027 |
17 | Laguna Hills Self Storage | |||||||||
18 | Newport Court | 2/28/2037 | ||||||||
19 | EZ Storage Southfield Portfolio | |||||||||
19.01 | EZ Southfield | |||||||||
19.02 | EZ Evergreen | |||||||||
20 | Naiman Industrial Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | Various |
20.01 | Richmond Road Industrial | 3/31/2023 | Aramsco, Inc. | 59,375 | 18.0% | 1/31/2028 | ASW Global | 47,500 | 14.4% | 11/30/2022 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Largest Tenant Exp. Date | 2nd Largest Tenant Name(7)(8)(9) | 2nd Largest Tenant Sq. Ft. | 2nd Largest Tenant % of NRA | 2nd Largest Tenant Exp. Date | 3rd Largest Tenant Name(7)(8) | 3rd Largest Tenant Sq. Ft. | 3rd Largest Tenant % of NRA | 3rd Largest Tenant Exp. Date |
20.02 | Fargo Industrial | 9/30/2024 | ||||||||
20.03 | Fargo Development | 4/30/2021 | SofaKraze, Inc. | 18,000 | 20.3% | 11/30/2022 | Timet Corporation | 12,000 | 13.6% | 12/31/2025 |
20.04 | Eastland Industrial | 9/30/2021 | Lighthouse Solution Group | 9,835 | 13.8% | 5/31/2021 | Nelson Automotive | 6,394 | 9.0% | 11/30/2023 |
21 | Mission Ridge - CA | 1/31/2023 | Big 5 Sporting Goods #155 | 10,000 | 10.4% | 1/31/2023 | Lavender Nails | 4,436 | 4.6% | 12/31/2022 |
22 | All Aboard - 4 Property Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | Various |
22.01 | Big Tree Depot | |||||||||
22.02 | Daytona Depot | |||||||||
22.03 | Hand & Yonge | |||||||||
22.04 | Clark Office Building | 12/31/2026 | Horizon Weight Loss of Port Orange | 3,116 | 10.9% | 10/31/2022 | William Gilmer | 2,702 | 9.4% | 3/31/2021 |
23 | C.C. Filson World Headquarters | 2/28/2035 | ||||||||
24 | 100 & 200 Westlake - CA | 3/31/2029 | Rodeo Realty, Inc. | 6,436 | 9.2% | 3/31/2031 | Chivaroli & Associates, Inc. | 6,200 | 8.9% | 8/31/2022 |
25 | Guardian Storage Bridgeville | |||||||||
26 | East Manchester Village | 9/30/2029 | Gold’s Gym | 19,105 | 15.5% | 7/31/2026 | Dollar Tree | 14,000 | 11.4% | 1/31/2024 |
27 | 3900 Kinross | 10/31/2027 | Navigate 360 | 29,032 | 33.6% | 5/31/2030 | Davey Resource Group | 25,289 | 29.3% | 12/31/2029 |
28 | Guardian Storage Fox Chapel | |||||||||
29 | Apple Cupertino | 1/31/2031 | ||||||||
30 | Amazon - Hazleton, PA | 8/31/2029 | ||||||||
31 | Walgreens Anchorage AK | 10/1/2036 | ||||||||
32 | Sunset Hills | 6/30/2022 | Progress Residential Property Manager | 4,827 | 7.5% | 3/31/2024 | Kondler & Assoc. | 4,350 | 6.8% | 2/28/2023 |
33 | 440 East 62nd St. Owners Corp. | |||||||||
34 | Quinnipiac Gardens | |||||||||
35 | Walgreens - Fresno | 12/31/2035 | ||||||||
36 | Walgreens - Glenview | 11/30/2090 | ||||||||
37 | A1 Access Self Storage | |||||||||
38 | 1049 5th Avenue | 12/16/2025 | ||||||||
39 | Hemet Self Storage | |||||||||
40 | Katy Station Business Park and West Belt | Various | Various | Various | Various | Various | Various | Various | Various | Various |
40.01 | West Belt Business Park | 10/31/2022 | OnPixel Audio Visual | 2,458 | 6.4% | 2/28/2022 | Hill Williams Liquidation | 2,420 | 6.3% | 10/31/2023 |
40.02 | Katy Station | 2/28/2023 | Lonestar Fuels | 2,460 | 9.1% | 9/30/2023 | Antler Supply | 2,007 | 7.4% | 8/31/2021 |
41 | 45-26 44th Street | |||||||||
42 | 25 West 13th Corp. | |||||||||
43 | Jackson 34 Realty Corp. | |||||||||
44 | 980 Fifth Avenue | 11/30/2030 | John Linck Supple , ESQ. dba; J Supple Law, PC | 5,199 | 47.3% | 11/30/2024 | ||||
45 | Rent A Space Dunbar | |||||||||
46 | 365 Bronx River Road Owners, Inc. | |||||||||
47 | Ottawa Kansas MHC Portfolio | |||||||||
47.01 | Acres Estates | |||||||||
47.02 | Cherrywood Estates | |||||||||
48 | Hawthorn Self Storage | |||||||||
49 | 3111 Tenant’s Corp. a/k/a 3111 Tenants Corp. | |||||||||
50 | Michelle Tenants Corp. | |||||||||
51 | Plaza East Owners Corp. | |||||||||
52 | Rugby Road Owners Corp. | |||||||||
53 | 575 Riverhouse Corp. | |||||||||
54 | 424 East 57th Street Tenants Corp. | |||||||||
55 | Walgreens – Laurel | 11/30/2062 | ||||||||
56 | 599 Wea Owners Corp. | |||||||||
57 | 30-40 Fleetwood Avenue Apartment Corp. | |||||||||
58 | 57 Thompson Corp. | |||||||||
59 | 2 W. 90th St. Housing Corp. | |||||||||
60 | Grand Liberte Cooperative, Inc. | |||||||||
61 | 362 West Broadway Cooperative Corp. |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | 4th Largest Tenant Name(7) | 4th Largest Tenant Sq. Ft. | 4th Largest Tenant % of NRA | 4th Largest Tenant Exp. Date | 5th Largest Tenant Name(7)(9) | 5th Largest Tenant Sq. Ft. | 5th Largest Tenant % of NRA | 5th Largest Tenant Exp. Date | Engineering Report Date | Environmental Report Date (Phase I) | Environmental Report Date (Phase II) |
1 | McClellan Park | McClellan Jet Services | 280,839 | 4.1% | 9/12/2022 | Northrop Grumman Systems | 267,618 | 3.9% | 12/31/2021 | 9/30/2020 | Various | |
2 | 605 Third Avenue | AECOM Technology Corporation | 78,484 | 7.6% | 3/31/2033 | Anti-Defamation League of B’Nai B’Rith, Inc. | 73,333 | 7.1% | 3/31/2027 | 10/27/2020 | 10/27/2020 | |
3 | Miami Design District | Luxury Brand Partners | 18,077 | 3.6% | 8/17/2022 | Luminaire | 15,000 | 3.0% | 1/31/2024 | 2/20/2020 | 2/20/2020 | |
4 | ExchangeRight Net Leased Portfolio #42 | Various | Various | |||||||||
4.01 | Walmart Neighborhood Market - Huntsville (Bailey Cove), AL | 11/10/2020 | 11/10/2020 | |||||||||
4.02 | Walmart Neighborhood Market - Theodore (Theodore), AL | 11/10/2020 | 11/10/2020 | |||||||||
4.03 | Walgreens - Peoria (Pioneer), IL | 11/13/2020 | 11/16/2020 | |||||||||
4.04 | Tractor Supply - Kennesaw (Blue Spring), GA | 9/2/2020 | 9/2/2020 | |||||||||
4.05 | Walgreens - Bettendorf (Middle), IA | 9/8/2020 | 9/8/2020 | |||||||||
4.06 | Walgreens - Dallas (Ledbetter), TX | 11/12/2020 | 11/12/2020 | |||||||||
4.07 | Walgreens - Fort Worth (28th), TX | 11/13/2020 | 11/13/2020 | |||||||||
4.08 | CVS Pharmacy - Forest Park (Forest), GA | 11/25/2020 | 11/23/2020 | |||||||||
4.09 | Fresenius Medical Care - Oshkosh (Omro), WI | 10/13/2020 | 10/13/2020 | |||||||||
4.10 | Family Dollar - Syracuse (Salina), NY | 11/19/2020 | 11/24/2020 | |||||||||
4.11 | Family Dollar - Lebanon (Maple), PA | 11/19/2020 | 11/19/2020 | |||||||||
4.12 | Dollar General - Alvin (FM 1462), TX | 11/19/2020 | 11/19/2020 | |||||||||
4.13 | Dollar General - Liverpool (Oswego), NY | 11/16/2020 | 11/16/2020 | |||||||||
4.14 | Dollar General - Cleburne (County Rd 427A), TX | 11/17/2020 | 11/17/2020 | |||||||||
5 | 250 West 57th Street | Lighthouse Guild International Inc. | 37,680 | 6.9% | 5/31/2027 | UMG Recordings, Inc. | 26,152 | 4.8% | 12/31/2028 | 10/20/2020 | 10/20/2020 | |
6 | ExchangeRight REIT 2 | Various | Various | Various | ||||||||
6.01 | Walmart Neighborhood Market - Huntsville | 11/11/2020 | 11/11/2020 | |||||||||
6.02 | Biolife - Las Vegas | 11/2/2020 | 11/2/2020 | |||||||||
6.03 | Kroger - Farmington | 10/28/2020 | 10/14/2020 | |||||||||
6.04 | Hobby Lobby - Greenville | 6/10/2020 | 6/10/2020 | |||||||||
6.05 | Kroger - Fort Wayne | 10/30/2020 | 10/14/2020 | |||||||||
6.06 | Dollar Tree - Fort Wayne | 11/6/2020 | 10/14/2020 | |||||||||
6.07 | Dollar General - Houston | 11/2/2020 | 11/2/2020 | |||||||||
6.08 | Family Dollar - Memphis | 11/2/2020 | 11/2/2020 | |||||||||
6.09 | Family Dollar - Commerce City | 11/2/2020 | 11/4/2020 | |||||||||
6.10 | Family Dollar - Columbus | 10/30/2020 | 10/30/2020 | |||||||||
6.11 | Dollar General - OKC | 10/30/2020 | 10/30/2020 | |||||||||
6.12 | Dollar General - Chicago | 11/2/2020 | 11/2/2020 | |||||||||
6.13 | Family Dollar - Beaumont | 11/2/2020 | 11/2/2020 | |||||||||
7 | U-Haul AREC Portfolio 43 | 11/6/2020 | 11/6/2020 | |||||||||
7.01 | U-Haul Moving & Storage at Joe Battle & I-10 | 11/6/2020 | 11/6/2020 | |||||||||
7.02 | U-Haul Moving & Storage of North Smithfield | 11/6/2020 | 11/6/2020 | |||||||||
7.03 | U-Haul Moving & Storage of Downtown Waterbury | 11/6/2020 | 11/6/2020 | |||||||||
7.04 | U-Haul Moving & Storage of the White Mountains | 11/6/2020 | 11/6/2020 | |||||||||
7.05 | U-Haul Moving & Storage of Wapato Park | 11/6/2020 | 11/6/2020 | |||||||||
7.06 | U-Haul of Moultonborough Self-Storage | 11/6/2020 | 11/6/2020 | |||||||||
7.07 | U-Haul Moving & Storage of Downtown Grand Rapids | 11/6/2020 | 11/6/2020 | |||||||||
7.08 | U-Haul Moving & Storage of Canton | 11/6/2020 | 11/9/2020 | |||||||||
7.09 | U-Haul Storage of Twin Falls | 11/6/2020 | 11/6/2020 | |||||||||
7.10 | U-Haul Moving & Storage of Twin Falls | 11/6/2020 | 11/6/2020 | |||||||||
7.11 | U-Haul at 12th & L | 11/6/2020 | 11/6/2020 | |||||||||
8 | McDonald’s Global HQ | One Medical | 4,889 | 0.9% | 12/31/2030 | FedEx Retail | 2,124 | 0.4% | 12/31/2028 | 8/28/2020 | 8/28/2020 | |
9 | Inland SE Self Storage Portfolio | 11/18/2020 | Various | |||||||||
9.01 | Life Storage - 708 | 11/18/2020 | 9/18/2020 | |||||||||
9.02 | Life Storage - 797 | 11/18/2020 | 9/16/2020 | |||||||||
9.03 | Life Storage - 798 | 11/18/2020 | 9/16/2020 | |||||||||
9.04 | Devon Self Storage | 11/18/2020 | 9/1/2020 | |||||||||
9.05 | Life Storage - 701 | 11/18/2020 | 9/18/2020 | |||||||||
10 | 350 Holger Way | 10/20/2020 | 10/20/2020 | |||||||||
11 | ExchangeRight Net Leased Portfolio #41 | Various | Various | |||||||||
11.01 | Dignity Health - Glendale, AZ | 10/30/2020 | 10/30/2020 | |||||||||
11.02 | Walmart Neighborhood Market - Mobile, AL | 11/10/2020 | 11/10/2020 | |||||||||
11.03 | Walmart Neighborhood Market - Forest, VA | 11/9/2020 | 11/10/2020 | |||||||||
11.04 | BioLife Plasma Services L.P. - Avondale, AZ | 10/27/2020 | 10/7/2020 | |||||||||
11.05 | BioLife Plasma Services L.P. - Richmond, VA | 10/27/2020 | 9/28/2020 | |||||||||
11.06 | Natural Grocers - Little Rock, AR | 10/26/2020 | 10/26/2020 | |||||||||
11.07 | Walgreens - Columbus, OH | 11/9/2020 | 11/9/2020 | |||||||||
11.08 | CVS Pharmacy - Schaumburg, IL | 10/28/2020 | 10/28/2020 | |||||||||
11.09 | Hobby Lobby - Odessa, TX | 11/4/2020 | 11/4/2020 | |||||||||
11.10 | Tractor Supply - Toughkenamon, PA | 10/26/2020 | 11/3/2020 | |||||||||
11.11 | Walgreens - Harker Heights, TX | 10/26/2020 | 10/26/2020 | |||||||||
11.12 | Fresenius Medical Care - Hephzibah, GA | 10/29/2020 | 10/29/2020 | |||||||||
11.13 | Tractor Supply - Alexandria, LA | 10/27/2020 | 10/27/2020 | |||||||||
11.14 | Dollar Tree - Brown Deer, WI | 8/26/2020 | 8/28/2020 | |||||||||
11.15 | Dollar General - Odessa, TX | 4/27/2020 | 4/27/2020 | |||||||||
11.16 | Dollar General - New Castle, PA | 5/4/2020 | 5/4/2020 | |||||||||
11.17 | Dollar General - Evansville, IN | 10/6/2020 | 10/6/2020 | |||||||||
11.18 | Dollar General - Harlingen, TX | 10/8/2020 | 10/8/2020 | |||||||||
12 | Coleman Highline | 10/26/2020 | 10/6/2020 | |||||||||
13 | Fresh Pond Cambridge | Staples | 18,000 | 7.9% | 9/30/2027 | Action for Boston Community Development | 10,700 | 4.7% | 6/30/2025 | 9/3/2020 | 9/3/2020 | |
14 | Holliswood Owners Corp. | 11/13/2020 | 11/13/2020 | |||||||||
15 | Harvard West (Roseburg DHS Office) | 10/6/2020 | 10/6/2020 | |||||||||
16 | 23000 Millcreek Boulevard | 11/30/2020 | 11/30/2020 | |||||||||
17 | Laguna Hills Self Storage | 11/9/2020 | 11/4/2020 | |||||||||
18 | Newport Court | 12/4/2020 | 12/4/2020 | |||||||||
19 | EZ Storage Southfield Portfolio | 11/24/2020 | 11/24/2020 | |||||||||
19.01 | EZ Southfield | 11/24/2020 | 11/24/2020 | |||||||||
19.02 | EZ Evergreen | 11/24/2020 | 11/24/2020 | |||||||||
20 | Naiman Industrial Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | Various | 10/27/2020 | |
20.01 | Richmond Road Industrial | Lasting Impressions | 42,186 | 12.8% | 3/31/2023 | Crafted Surface and Stone, LLC | 29,145 | 8.8% | 1/31/2022 | 10/26/2020 | 10/27/2020 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | 4th Largest Tenant Name(7) | 4th Largest Tenant Sq. Ft. | 4th Largest Tenant % of NRA | 4th Largest Tenant Exp. Date | 5th Largest Tenant Name(7)(9) | 5th Largest Tenant Sq. Ft. | 5th Largest Tenant % of NRA | 5th Largest Tenant Exp. Date | Engineering Report Date | Environmental Report Date (Phase I) | Environmental Report Date (Phase II) |
20.02 | Fargo Industrial | 10/26/2020 | 10/27/2020 | |||||||||
20.03 | Fargo Development | Art Of The Root | 5,800 | 6.6% | 6/20/2025 | Added Edge Assembly, Inc. | 5,700 | 6.4% | 7/31/2021 | 10/26/2020 | 10/27/2020 | |
20.04 | Eastland Industrial | National Seating & Mobility | 5,074 | 7.1% | 7/31/2022 | Cleveland Instrument Group | 3,393 | 4.8% | 4/30/2023 | 10/27/2020 | 10/27/2020 | |
21 | Mission Ridge - CA | Punjabi Indian Market | 3,000 | 3.1% | 12/31/2023 | Golden Bear Physical Therapy | 2,955 | 3.1% | 10/21/2024 | 8/27/2020 | 8/27/2020 | |
22 | All Aboard - 4 Property Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | 10/13/2020 | 10/16/2020 | |
22.01 | Big Tree Depot | 10/13/2020 | 10/16/2020 | |||||||||
22.02 | Daytona Depot | 10/13/2020 | 10/16/2020 | |||||||||
22.03 | Hand & Yonge | 10/13/2020 | 10/16/2020 | |||||||||
22.04 | Clark Office Building | All Aboard Management | 2,000 | 7.0% | 12/31/2026 | Atlantic Retirement Solutions | 1,630 | 5.7% | 12/31/2021 | 10/13/2020 | 10/16/2020 | |
23 | C.C. Filson World Headquarters | 12/15/2020 | 12/23/2020 | |||||||||
24 | 100 & 200 Westlake - CA | Holwick Constructors, Inc. | 4,371 | 6.3% | 9/30/2025 | Law Offices of Bruce M. Bunch | 3,982 | 5.7% | 2/28/2022 | 6/11/2020 | 6/11/2020 | |
25 | Guardian Storage Bridgeville | 11/12/2020 | 11/12/2020 | |||||||||
26 | East Manchester Village | Fastenal | 7,200 | 5.8% | 4/30/2023 | PA Liquor Store | 3,796 | 3.1% | 3/31/2021 | 10/28/2020 | 10/26/2020 | |
27 | 3900 Kinross | 11/12/2020 | 11/13/2020 | |||||||||
28 | Guardian Storage Fox Chapel | 11/12/2020 | 11/12/2020 | |||||||||
29 | Apple Cupertino | 8/13/2020 | 8/13/2020 | |||||||||
30 | Amazon - Hazleton, PA | 11/19/2020 | 11/19/2020 | |||||||||
31 | Walgreens Anchorage AK | 11/4/2020 | 11/4/2020 | |||||||||
32 | Sunset Hills | Urban Nest Realty | 4,300 | 6.7% | 11/30/2022 | Heavy Equipment Colleges of America | 3,750 | 5.8% | 4/30/2022 | 11/16/2020 | 11/16/2020 | |
33 | 440 East 62nd St. Owners Corp. | 7/15/2020 | 7/22/2020 | |||||||||
34 | Quinnipiac Gardens | 11/10/2020 | 11/10/2020 | |||||||||
35 | Walgreens - Fresno | 12/2/2020 | 12/2/2020 | |||||||||
36 | Walgreens - Glenview | 11/23/2020 | 11/13/2020 | |||||||||
37 | A1 Access Self Storage | 11/4/2020 | 11/4/2020 | |||||||||
38 | 1049 5th Avenue | 8/28/2020 | 8/28/2020 | |||||||||
39 | Hemet Self Storage | 10/5/2020 | 10/5/2020 | |||||||||
40 | Katy Station Business Park and West Belt | Various | Various | Various | Various | Various | Various | Various | Various | 11/12/2020 | 11/12/2020 | |
40.01 | West Belt Business Park | Same Day Shower Door | 2,420 | 6.3% | 7/1/2022 | Space City ATM | 2,420 | 6.3% | 10/31/2022 | 11/12/2020 | 11/12/2020 | |
40.02 | Katy Station | 9Rounds Fitness | 1,500 | 5.5% | 12/31/2021 | Performance A/C | 1,500 | 5.5% | 10/31/2023 | 11/12/2020 | 11/12/2020 | |
41 | 45-26 44th Street | 10/15/2020 | 10/15/2020 | |||||||||
42 | 25 West 13th Corp. | 11/13/2020 | 11/16/2020 | |||||||||
43 | Jackson 34 Realty Corp. | 11/17/2020 | 11/16/2020 | |||||||||
44 | 980 Fifth Avenue | 11/3/2020 | ||||||||||
45 | Rent A Space Dunbar | 10/30/2020 | 11/2/2020 | |||||||||
46 | 365 Bronx River Road Owners, Inc. | 11/24/2020 | 11/20/2020 | |||||||||
47 | Ottawa Kansas MHC Portfolio | 11/19/2020 | 11/18/2020 | |||||||||
47.01 | Acres Estates | 11/19/2020 | 11/18/2020 | |||||||||
47.02 | Cherrywood Estates | 11/19/2020 | 11/18/2020 | |||||||||
48 | Hawthorn Self Storage | 11/5/2020 | 11/6/2020 | |||||||||
49 | 3111 Tenant’s Corp. a/k/a 3111 Tenants Corp. | 9/22/2020 | 9/21/2020 | |||||||||
50 | Michelle Tenants Corp. | 11/11/2020 | 11/12/2020 | |||||||||
51 | Plaza East Owners Corp. | 11/13/2020 | 11/16/2020 | |||||||||
52 | Rugby Road Owners Corp. | 10/27/2020 | 10/22/2020 | |||||||||
53 | 575 Riverhouse Corp. | 11/10/2020 | 11/10/2020 | |||||||||
54 | 424 East 57th Street Tenants Corp. | 10/20/2020 | 10/21/2020 | |||||||||
55 | Walgreens – Laurel | 11/10/2020 | ||||||||||
56 | 599 Wea Owners Corp. | 11/19/2020 | 11/16/2020 | |||||||||
57 | 30-40 Fleetwood Avenue Apartment Corp. | 9/22/2020 | 11/4/2020 | |||||||||
58 | 57 Thompson Corp. | 8/6/2020 | 8/13/2020 | |||||||||
59 | 2 W. 90th St. Housing Corp. | 11/18/2020 | 11/16/2020 | |||||||||
60 | Grand Liberte Cooperative, Inc. | 8/25/2020 | 8/26/2020 | |||||||||
61 | 362 West Broadway Cooperative Corp. | 10/19/2020 | 10/19/2020 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Seismic Report Date | Seismic PML % | Seismic Insurance Required (Y/N) | Terrorism Insurance (Y/N) | Loan Purpose | Engineering Escrow / Deferred Maintenance ($) | Tax Escrow (Initial) | Monthly Tax Escrow ($) | Insurance Escrow (Initial) | Monthly Insurance Escrow ($)(10) | Upfront Replacement Reserve ($) | Monthly Replacement Reserve ($) | Replacement Reserve Cap ($) | Upfront TI/LC Reserve ($) |
1 | McClellan Park | 9/30/2020 | 9.0% | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 |
2 | 605 Third Avenue | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | Springing | 411,096 | 1,092,905 | ||
3 | Miami Design District | N | Y | Refinance | 0 | 2,100,000 | 525,000 | 0 | Springing | 0 | 8,285 | 0 | 4,907,050 | ||
4 | ExchangeRight Net Leased Portfolio #42 | N | Y | Acquisition | 14,851 | 18,110 | 5,276 | 438 | 219 | 170,000 | 723 | 0 | 500,000 | ||
4.01 | Walmart Neighborhood Market - Huntsville (Bailey Cove), AL | N | Y | ||||||||||||
4.02 | Walmart Neighborhood Market - Theodore (Theodore), AL | N | Y | ||||||||||||
4.03 | Walgreens - Peoria (Pioneer), IL | N | Y | ||||||||||||
4.04 | Tractor Supply - Kennesaw (Blue Spring), GA | N | Y | ||||||||||||
4.05 | Walgreens - Bettendorf (Middle), IA | N | Y | ||||||||||||
4.06 | Walgreens - Dallas (Ledbetter), TX | N | Y | ||||||||||||
4.07 | Walgreens - Fort Worth (28th), TX | N | Y | ||||||||||||
4.08 | CVS Pharmacy - Forest Park (Forest), GA | N | Y | ||||||||||||
4.09 | Fresenius Medical Care - Oshkosh (Omro), WI | N | Y | ||||||||||||
4.10 | Family Dollar - Syracuse (Salina), NY | N | Y | ||||||||||||
4.11 | Family Dollar - Lebanon (Maple), PA | N | Y | ||||||||||||
4.12 | Dollar General - Alvin (FM 1462), TX | N | Y | ||||||||||||
4.13 | Dollar General - Liverpool (Oswego), NY | N | Y | ||||||||||||
4.14 | Dollar General - Cleburne (County Rd 427A), TX | N | Y | ||||||||||||
5 | 250 West 57th Street | N | Y | Recapitalization | 0 | 3,841,605 | 768,321 | 0 | Springing | 0 | Springing | 0 | 859,958 | ||
6 | ExchangeRight REIT 2 | N | Y | Acquisition/Refinance | 72,301 | 149,361 | 36,036 | 0 | Springing | 0 | 4,130 | 148,695 | 500,000 | ||
6.01 | Walmart Neighborhood Market - Huntsville | N | Y | ||||||||||||
6.02 | Biolife - Las Vegas | N | Y | ||||||||||||
6.03 | Kroger - Farmington | N | Y | ||||||||||||
6.04 | Hobby Lobby - Greenville | N | Y | ||||||||||||
6.05 | Kroger - Fort Wayne | N | Y | ||||||||||||
6.06 | Dollar Tree - Fort Wayne | N | Y | ||||||||||||
6.07 | Dollar General - Houston | N | Y | ||||||||||||
6.08 | Family Dollar - Memphis | 12/7/2020 | 6.0% | N | Y | ||||||||||
6.09 | Family Dollar - Commerce City | N | Y | ||||||||||||
6.10 | Family Dollar - Columbus | N | Y | ||||||||||||
6.11 | Dollar General - OKC | N | Y | ||||||||||||
6.12 | Dollar General - Chicago | N | Y | ||||||||||||
6.13 | Family Dollar - Beaumont | N | Y | ||||||||||||
7 | U-Haul AREC Portfolio 43 | Various | Various | N | Y | Recapitalization | 112,006 | 550,000 | Springing | 0 | Springing | 37,716 | 6,286 | 37,716 | 0 |
7.01 | U-Haul Moving & Storage at Joe Battle & I-10 | N | Y | ||||||||||||
7.02 | U-Haul Moving & Storage of North Smithfield | N | Y | ||||||||||||
7.03 | U-Haul Moving & Storage of Downtown Waterbury | N | Y | ||||||||||||
7.04 | U-Haul Moving & Storage of the White Mountains | N | Y | ||||||||||||
7.05 | U-Haul Moving & Storage of Wapato Park | 11/6/2020 | 17.0% | N | Y | ||||||||||
7.06 | U-Haul of Moultonborough Self-Storage | N | Y | ||||||||||||
7.07 | U-Haul Moving & Storage of Downtown Grand Rapids | N | Y | ||||||||||||
7.08 | U-Haul Moving & Storage of Canton | N | Y | ||||||||||||
7.09 | U-Haul Storage of Twin Falls | N | Y | ||||||||||||
7.10 | U-Haul Moving & Storage of Twin Falls | N | Y | ||||||||||||
7.11 | U-Haul at 12th & L | 11/6/2020 | 13.0% | N | Y | ||||||||||
8 | McDonald’s Global HQ | N | Y | Acquisition | 0 | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | ||
9 | Inland SE Self Storage Portfolio | N | Y | Acquisition | 0 | 0 | Springing | 0 | Springing | 155,000 | 5,892 | 155,000 | 0 | ||
9.01 | Life Storage - 708 | N | Y | ||||||||||||
9.02 | Life Storage - 797 | N | Y | ||||||||||||
9.03 | Life Storage - 798 | N | Y | ||||||||||||
9.04 | Devon Self Storage | N | Y | ||||||||||||
9.05 | Life Storage - 701 | N | Y | ||||||||||||
10 | 350 Holger Way | 10/22/2020 | 10.0% | N | Y | Acquisition | 0 | 162,700 | 40,675 | 0 | Springing | 0 | 2,216 | 53,184 | 0 |
11 | ExchangeRight Net Leased Portfolio #41 | N | Y | Acquisition | 34,460 | 190,224 | Springing | 440 | 220 | 0 | 2,860 | 0 | 500,000 | ||
11.01 | Dignity Health - Glendale, AZ | N | Y | ||||||||||||
11.02 | Walmart Neighborhood Market - Mobile, AL | N | Y | ||||||||||||
11.03 | Walmart Neighborhood Market - Forest, VA | N | Y | ||||||||||||
11.04 | BioLife Plasma Services L.P. - Avondale, AZ | N | Y | ||||||||||||
11.05 | BioLife Plasma Services L.P. - Richmond, VA | N | Y | ||||||||||||
11.06 | Natural Grocers - Little Rock, AR | N | Y | ||||||||||||
11.07 | Walgreens - Columbus, OH | N | Y | ||||||||||||
11.08 | CVS Pharmacy - Schaumburg, IL | N | Y | ||||||||||||
11.09 | Hobby Lobby - Odessa, TX | N | Y | ||||||||||||
11.10 | Tractor Supply - Toughkenamon, PA | N | Y | ||||||||||||
11.11 | Walgreens - Harker Heights, TX | N | Y | ||||||||||||
11.12 | Fresenius Medical Care - Hephzibah, GA | N | Y | ||||||||||||
11.13 | Tractor Supply - Alexandria, LA | N | Y | ||||||||||||
11.14 | Dollar Tree - Brown Deer, WI | N | Y | ||||||||||||
11.15 | Dollar General - Odessa, TX | N | Y | ||||||||||||
11.16 | Dollar General - New Castle, PA | N | Y | ||||||||||||
11.17 | Dollar General - Evansville, IN | N | Y | ||||||||||||
11.18 | Dollar General - Harlingen, TX | N | Y | ||||||||||||
12 | Coleman Highline | 10/5/2020 | 9.0% | N | Y | Acquisition | 0 | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 |
13 | Fresh Pond Cambridge | N | Y | Refinance | 79,376 | 93,522 | 93,522 | 0 | Springing | 0 | 2,834 | 0 | 0 | ||
14 | Holliswood Owners Corp. | N | Y | Refinance | 0 | 123,683 | 61,841 | 0 | Springing | 0 | 0 | 0 | 0 | ||
15 | Harvard West (Roseburg DHS Office) | 10/5/2020 | 6.0% | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | 1,347 | 32,328 | 0 |
16 | 23000 Millcreek Boulevard | N | Y | Refinance | 0 | 0 | 26,952 | 0 | Springing | 0 | 2,710 | 97,500 | 0 | ||
17 | Laguna Hills Self Storage | 11/4/2020 | 12.0% | N | Y | Refinance | 25,000 | 53,041 | 13,260 | 0 | Springing | 0 | 1,219 | 0 | 0 |
18 | Newport Court | 12/2/2020 | 16.0% | N | Y | Recapitalization | 0 | 127,359 | 25,472 | 0 | Springing | 0 | 367 | 0 | 0 |
19 | EZ Storage Southfield Portfolio | N | Y | Refinance | 0 | 122,383 | 24,477 | 0 | Springing | 0 | 1,962 | 0 | 0 | ||
19.01 | EZ Southfield | N | Y | ||||||||||||
19.02 | EZ Evergreen | N | Y | ||||||||||||
20 | Naiman Industrial Portfolio | N | Y | Refinance | 179,375 | 71,400 | 35,700 | 19,029 | 6,343 | 0 | 11,491 | 0 | 150,000 | ||
20.01 | Richmond Road Industrial | N | Y |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Seismic Report Date | Seismic PML % | Seismic Insurance Required (Y/N) | Terrorism Insurance (Y/N) | Loan Purpose | Engineering Escrow / Deferred Maintenance ($) | Tax Escrow (Initial) | Monthly Tax Escrow ($) | Insurance Escrow (Initial) | Monthly Insurance Escrow ($)(10) | Upfront Replacement Reserve ($) | Monthly Replacement Reserve ($) | Replacement Reserve Cap ($) | Upfront TI/LC Reserve ($) |
20.02 | Fargo Industrial | N | Y | ||||||||||||
20.03 | Fargo Development | N | Y | ||||||||||||
20.04 | Eastland Industrial | N | Y | ||||||||||||
21 | Mission Ridge - CA | 8/27/2020 | 7.0% | N | Y | Refinance | 343,640 | 93,891 | 13,413 | 0 | Springing | 2,505,000 | 1,608 | 38,586 | 0 |
22 | All Aboard - 4 Property Portfolio | N | Y | Refinance | 0 | 27,315 | 9,105 | 50,250 | 5,025 | 0 | 2,759 | 0 | 0 | ||
22.01 | Big Tree Depot | N | Y | ||||||||||||
22.02 | Daytona Depot | N | Y | ||||||||||||
22.03 | Hand & Yonge | N | Y | ||||||||||||
22.04 | Clark Office Building | N | Y | ||||||||||||
23 | C.C. Filson World Headquarters | 8/27/2020 | 13.0% | N | Y | Acquisition | 0 | 0 | Springing | 0 | Springing | 0 | 855 | 0 | 0 |
24 | 100 & 200 Westlake - CA | 6/12/2020 | 15.0% | N | Y | Refinance | 44,375 | 66,160 | 16,540 | 0 | Springing | 0 | 1,452 | 52,272 | 300,000 |
25 | Guardian Storage Bridgeville | N | Y | Refinance | 0 | 68,100 | 8,351 | 0 | Springing | 14,000 | 1,173 | 0 | 0 | ||
26 | East Manchester Village | N | Y | Acquisition | 0 | 0 | Springing | 0 | Springing | 0 | 5,442 | 0 | 250,000 | ||
27 | 3900 Kinross | N | Y | Acquisition | 1,875 | 114,429 | 19,072 | 0 | 850 | 0 | 1,440 | 0 | 0 | ||
28 | Guardian Storage Fox Chapel | N | Y | Refinance | 0 | 46,840 | 5,896 | 0 | Springing | 64,000 | 1,007 | 0 | 0 | ||
29 | Apple Cupertino | 8/13/2020 | 18.0% | N | Y | Refinance | 11,875 | 0 | Springing | 2,583 | 750 | 0 | 1,322 | 0 | 0 |
30 | Amazon - Hazleton, PA | N | Y | Refinance | 0 | 60,076 | 7,352 | 27,384 | 2,738 | 0 | 868 | 0 | 0 | ||
31 | Walgreens Anchorage AK | 11/4/2020 | 11.0% | N | Y | Acquisition | 0 | 0 | Springing | 363 | 121 | 0 | 182 | 2,183 | 0 |
32 | Sunset Hills | N | Y | Refinance | 0 | 0 | 9,004 | 2,400 | 480 | 25,000 | 1,526 | 54,902 | 0 | ||
33 | 440 East 62nd St. Owners Corp. | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | ||
34 | Quinnipiac Gardens | N | Y | Refinance | 69,875 | 7,382 | 7,382 | 34,518 | 3,138 | 130,125 | 1,479 | 0 | 0 | ||
35 | Walgreens - Fresno | 12/2/2020 | 4.0% | N | Y | Acquisition | 0 | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 |
36 | Walgreens - Glenview | N | Y | Acquisition | 0 | 0 | Springing | 1,736 | 868 | 0 | Springing | 0 | 0 | ||
37 | A1 Access Self Storage | N | Y | Acquisition | 11,344 | 0 | 3,234 | 0 | Springing | 0 | 835 | 0 | 0 | ||
38 | 1049 5th Avenue | N | Y | Refinance | 0 | 0 | Springing | 386 | 386 | 0 | 129 | 0 | 0 | ||
39 | Hemet Self Storage | 10/22/2020 | 11.0% | N | Y | Acquisition | 0 | 13,557 | 4,519 | 0 | Springing | 0 | 972 | 35,000 | 0 |
40 | Katy Station Business Park and West Belt | N | Y | Acquisition | 3,813 | 10,532 | 10,532 | 0 | Springing | 10,000 | 656 | 10,000 | 40,000 | ||
40.01 | West Belt Business Park | N | Y | ||||||||||||
40.02 | Katy Station | N | Y | ||||||||||||
41 | 45-26 44th Street | N | Y | Refinance | 21,875 | 32,658 | 16,329 | 0 | Springing | 0 | 958 | 57,500 | 0 | ||
42 | 25 West 13th Corp. | N | Y | Refinance | 0 | 463,404 | 154,468 | 0 | Springing | 0 | 0 | 0 | 0 | ||
43 | Jackson 34 Realty Corp. | N | Y | Refinance | 0 | 39,083 | 19,541 | 0 | Springing | 0 | 0 | 0 | 0 | ||
44 | 980 Fifth Avenue | 11/3/2020 | 18.0% | N | Y | Refinance | 0 | 12,402 | 4,134 | 0 | Springing | 0 | 183 | 4,397 | 0 |
45 | Rent A Space Dunbar | N | Y | Acquisition | 0 | 0 | 3,223 | 4,233 | 1,411 | 290,500 | 541 | 0 | 0 | ||
46 | 365 Bronx River Road Owners, Inc. | N | Y | Refinance | 0 | 48,035 | 12,270 | 0 | Springing | 0 | 0 | 0 | 0 | ||
47 | Ottawa Kansas MHC Portfolio | N | Y | Acquisition | 35,625 | 10,037 | 3,346 | 1,727 | 863 | 0 | 483 | 0 | 0 | ||
47.01 | Acres Estates | N | Y | ||||||||||||
47.02 | Cherrywood Estates | N | Y | ||||||||||||
48 | Hawthorn Self Storage | N | Y | Refinance | 3,750 | 34,668 | 5,778 | 0 | Springing | 0 | 700 | 16,800 | 0 | ||
49 | 3111 Tenant’s Corp. a/k/a 3111 Tenants Corp. | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | ||
50 | Michelle Tenants Corp. | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | ||
51 | Plaza East Owners Corp. | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | ||
52 | Rugby Road Owners Corp. | N | Y | Refinance | 0 | 28,448 | 9,483 | 0 | Springing | 0 | 0 | 0 | 0 | ||
53 | 575 Riverhouse Corp. | N | Y | Refinance | 0 | 24,272 | 12,136 | 0 | Springing | 0 | 0 | 0 | 0 | ||
54 | 424 East 57th Street Tenants Corp. | N | Y | Refinance | 0 | 40,876 | 20,438 | 0 | Springing | 0 | 0 | 0 | 0 | ||
55 | Walgreens – Laurel | N | Y | Acquisition | 0 | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | ||
56 | 599 Wea Owners Corp. | N | Y | Refinance | 0 | 24,333 | 12,167 | 0 | Springing | 0 | 0 | 0 | 0 | ||
57 | 30-40 Fleetwood Avenue Apartment Corp. | N | Y | Refinance | 0 | 123,216 | 23,001 | 0 | Springing | 0 | 0 | 0 | 0 | ||
58 | 57 Thompson Corp. | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | ||
59 | 2 W. 90th St. Housing Corp. | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | ||
60 | Grand Liberte Cooperative, Inc. | N | Y | Refinance | 0 | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | ||
61 | 362 West Broadway Cooperative Corp. | N | Y | Recapitalization | 0 | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Monthly TI/LC Reserve ($) | TI/LC Reserve Cap ($) | Debt Service Escrow (Initial) ($) | Debt Service Escrow (Monthly) ($) | Other Escrow I Reserve Description | Other Escrow I (Initial) ($) | Other Escrow I (Monthly) ($) | Other Escrow I Cap ($) | Other Escrow II Reserve Description |
1 | McClellan Park | Springing | 0 | 0 | 0 | Development Agency Loan Reserve | 689,614 | 0 | 0 | Rent Concession Reserve ($18,717) / Tenant Specific TILC Reserve ($5,482,591) |
2 | 605 Third Avenue | Springing | 4,000,000 | 0 | 0 | Free Rent Reserve | 934,456 | 0 | 0 | Univision Reserve |
3 | Miami Design District | 82,849 | 0 | 10,474,740 | 0 | Free Rent Reserve | 1,263,811 | 0 | 0 | Gap Rent Reserve |
4 | ExchangeRight Net Leased Portfolio #42 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | ||
4.01 | Walmart Neighborhood Market - Huntsville (Bailey Cove), AL | |||||||||
4.02 | Walmart Neighborhood Market - Theodore (Theodore), AL | |||||||||
4.03 | Walgreens - Peoria (Pioneer), IL | |||||||||
4.04 | Tractor Supply - Kennesaw (Blue Spring), GA | |||||||||
4.05 | Walgreens - Bettendorf (Middle), IA | |||||||||
4.06 | Walgreens - Dallas (Ledbetter), TX | |||||||||
4.07 | Walgreens - Fort Worth (28th), TX | |||||||||
4.08 | CVS Pharmacy - Forest Park (Forest), GA | |||||||||
4.09 | Fresenius Medical Care - Oshkosh (Omro), WI | |||||||||
4.10 | Family Dollar - Syracuse (Salina), NY | |||||||||
4.11 | Family Dollar - Lebanon (Maple), PA | |||||||||
4.12 | Dollar General - Alvin (FM 1462), TX | |||||||||
4.13 | Dollar General - Liverpool (Oswego), NY | |||||||||
4.14 | Dollar General - Cleburne (County Rd 427A), TX | |||||||||
5 | 250 West 57th Street | Springing | 0 | 0 | 0 | Free Rent Reserve | 4,194,083 | 0 | 0 | |
6 | ExchangeRight REIT 2 | 18,101 | 250,000 | 0 | 0 | 0 | 0 | 0 | Tenant Specific TILC Reserve | |
6.01 | Walmart Neighborhood Market - Huntsville | |||||||||
6.02 | Biolife - Las Vegas | |||||||||
6.03 | Kroger - Farmington | |||||||||
6.04 | Hobby Lobby - Greenville | |||||||||
6.05 | Kroger - Fort Wayne | |||||||||
6.06 | Dollar Tree - Fort Wayne | |||||||||
6.07 | Dollar General - Houston | |||||||||
6.08 | Family Dollar - Memphis | |||||||||
6.09 | Family Dollar - Commerce City | |||||||||
6.10 | Family Dollar - Columbus | |||||||||
6.11 | Dollar General - OKC | |||||||||
6.12 | Dollar General - Chicago | |||||||||
6.13 | Family Dollar - Beaumont | |||||||||
7 | U-Haul AREC Portfolio 43 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
7.01 | U-Haul Moving & Storage at Joe Battle & I-10 | |||||||||
7.02 | U-Haul Moving & Storage of North Smithfield | |||||||||
7.03 | U-Haul Moving & Storage of Downtown Waterbury | |||||||||
7.04 | U-Haul Moving & Storage of the White Mountains | |||||||||
7.05 | U-Haul Moving & Storage of Wapato Park | |||||||||
7.06 | U-Haul of Moultonborough Self-Storage | |||||||||
7.07 | U-Haul Moving & Storage of Downtown Grand Rapids | |||||||||
7.08 | U-Haul Moving & Storage of Canton | |||||||||
7.09 | U-Haul Storage of Twin Falls | |||||||||
7.10 | U-Haul Moving & Storage of Twin Falls | |||||||||
7.11 | U-Haul at 12th & L | |||||||||
8 | McDonald’s Global HQ | Springing | 0 | 0 | 0 | Free Rent Reserve | 6,161,307 | 0 | 0 | |
9 | Inland SE Self Storage Portfolio | 0 | 0 | 0 | 0 | Trust Reserve | 0 | Springing | 0 | |
9.01 | Life Storage - 708 | |||||||||
9.02 | Life Storage - 797 | |||||||||
9.03 | Life Storage - 798 | |||||||||
9.04 | Devon Self Storage | |||||||||
9.05 | Life Storage - 701 | |||||||||
10 | 350 Holger Way | 8,042 | 289,506 | 0 | 0 | 0 | 0 | 0 | ||
11 | ExchangeRight Net Leased Portfolio #41 | Springing | 0 | 0 | 0 | BioLife Rollover Reserve | 0 | Springing | 0 | |
11.01 | Dignity Health - Glendale, AZ | |||||||||
11.02 | Walmart Neighborhood Market - Mobile, AL | |||||||||
11.03 | Walmart Neighborhood Market - Forest, VA | |||||||||
11.04 | BioLife Plasma Services L.P. - Avondale, AZ | |||||||||
11.05 | BioLife Plasma Services L.P. - Richmond, VA | |||||||||
11.06 | Natural Grocers - Little Rock, AR | |||||||||
11.07 | Walgreens - Columbus, OH | |||||||||
11.08 | CVS Pharmacy - Schaumburg, IL | |||||||||
11.09 | Hobby Lobby - Odessa, TX | |||||||||
11.10 | Tractor Supply - Toughkenamon, PA | |||||||||
11.11 | Walgreens - Harker Heights, TX | |||||||||
11.12 | Fresenius Medical Care - Hephzibah, GA | |||||||||
11.13 | Tractor Supply - Alexandria, LA | |||||||||
11.14 | Dollar Tree - Brown Deer, WI | |||||||||
11.15 | Dollar General - Odessa, TX | |||||||||
11.16 | Dollar General - New Castle, PA | |||||||||
11.17 | Dollar General - Evansville, IN | |||||||||
11.18 | Dollar General - Harlingen, TX | |||||||||
12 | Coleman Highline | 0 | 0 | 4,875,587 | 0 | Roku TI Reserve | 14,814,604 | 0 | 0 | |
13 | Fresh Pond Cambridge | 28,341 | 680,190 | 0 | 0 | Whole Foods Escrow | 339,891 | 0 | 0 | |
14 | Holliswood Owners Corp. | 0 | 0 | 0 | 0 | Collateral Security Agreement for Capital Improvements | 5,000,000 | 0 | 0 | Collateral Security Agreement for Capital Improvements |
15 | Harvard West (Roseburg DHS Office) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
16 | 23000 Millcreek Boulevard | 12,900 | 310,000 | 0 | 0 | Paychex Free Rent Reserve | 332,000 | 0 | 0 | Outstanding TI & LC |
17 | Laguna Hills Self Storage | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
18 | Newport Court | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
19 | EZ Storage Southfield Portfolio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
19.01 | EZ Southfield | |||||||||
19.02 | EZ Evergreen | |||||||||
20 | Naiman Industrial Portfolio | 14,339 | 150,000 | 140,031 | 0 | Outstanding Leasing Obligations | 25,000 | 0 | 0 | |
20.01 | Richmond Road Industrial |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Monthly TI/LC Reserve ($) | TI/LC Reserve Cap ($) | Debt Service Escrow (Initial) ($) | Debt Service Escrow (Monthly) ($) | Other Escrow I Reserve Description | Other Escrow I (Initial) ($) | Other Escrow I (Monthly) ($) | Other Escrow I Cap ($) | Other Escrow II Reserve Description |
20.02 | Fargo Industrial | |||||||||
20.03 | Fargo Development | |||||||||
20.04 | Eastland Industrial | |||||||||
21 | Mission Ridge - CA | 4,019 | 144,698 | 280,000 | 0 | Safeway TILC Reserve | 550,000 | 0 | 0 | Big 5 TILC Reserve |
22 | All Aboard - 4 Property Portfolio | 0 | 0 | 0 | 0 | Springing Contemplated Building Expansion Reserve Funds | 0 | Springing | 0 | |
22.01 | Big Tree Depot | |||||||||
22.02 | Daytona Depot | |||||||||
22.03 | Hand & Yonge | |||||||||
22.04 | Clark Office Building | |||||||||
23 | C.C. Filson World Headquarters | Springing | 0 | 0 | 0 | Major Tenant LOC Funds | 2,000,000 | 0 | 0 | |
24 | 100 & 200 Westlake - CA | 8,715 | 300,000 | 0 | 0 | Rent Concession Fund Reserve | 95,093 | 0 | 0 | Upfront Replacement Reserve |
25 | Guardian Storage Bridgeville | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
26 | East Manchester Village | 5,134 | 250,000 | 0 | 0 | 0 | 0 | 0 | ||
27 | 3900 Kinross | 10,801 | 0 | 0 | 0 | Outstanding Free Rent | 493,291 | 0 | 0 | Heat Pump Improvements |
28 | Guardian Storage Fox Chapel | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
29 | Apple Cupertino | 2,505 | 150,325 | 0 | 0 | 0 | 0 | 0 | ||
30 | Amazon - Hazleton, PA | 2,185 | 0 | 0 | 0 | 0 | 0 | 0 | ||
31 | Walgreens Anchorage AK | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
32 | Sunset Hills | 5,349 | 192,561 | 64,686 | 0 | Free Rent Reserve | 33,687 | 0 | 0 | |
33 | 440 East 62nd St. Owners Corp. | 0 | 0 | 0 | 0 | Collateral Security Agreement for Capital Improvements | 1,047,454 | 0 | 0 | Collateral Security Agreement for Capital Improvements |
34 | Quinnipiac Gardens | 0 | 0 | 0 | 0 | Interest Reserve | 57,944 | 0 | 0 | |
35 | Walgreens - Fresno | Springing | 0 | 0 | 0 | 0 | 0 | 0 | ||
36 | Walgreens - Glenview | Springing | 0 | 0 | 0 | Parking Lot Replacement Reserve | 19,656 | Springing | 0 | 0 |
37 | A1 Access Self Storage | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
38 | 1049 5th Avenue | 807 | 0 | 0 | 0 | 0 | 0 | 0 | ||
39 | Hemet Self Storage | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
40 | Katy Station Business Park and West Belt | 3,111 | 40,000 | 0 | 0 | 0 | 0 | 0 | ||
40.01 | West Belt Business Park | |||||||||
40.02 | Katy Station | |||||||||
41 | 45-26 44th Street | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
42 | 25 West 13th Corp. | 0 | 0 | 0 | 0 | Collateral Security Agreement for Capital Improvements | 1,500,000 | 0 | 0 | |
43 | Jackson 34 Realty Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
44 | 980 Fifth Avenue | 0 | 0 | 0 | 0 | Springing Major Tenant Reserve | 0 | Springing | 0 | |
45 | Rent A Space Dunbar | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
46 | 365 Bronx River Road Owners, Inc. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
47 | Ottawa Kansas MHC Portfolio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
47.01 | Acres Estates | |||||||||
47.02 | Cherrywood Estates | |||||||||
48 | Hawthorn Self Storage | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
49 | 3111 Tenant’s Corp. a/k/a 3111 Tenants Corp. | 0 | 0 | 0 | 0 | Collateral Security Agreement for Capital Improvements | 10,938 | 0 | 0 | |
50 | Michelle Tenants Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
51 | Plaza East Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
52 | Rugby Road Owners Corp. | 0 | 0 | 0 | 0 | Collateral Security Agreement for Capital Improvements | 34,375 | 0 | 0 | |
53 | 575 Riverhouse Corp. | 0 | 0 | 0 | 0 | Collateral Security Agreement for Capital Improvements | 500,000 | 0 | 0 | |
54 | 424 East 57th Street Tenants Corp. | 0 | 0 | 0 | 0 | Collateral Security Agreement for Capital Improvements | 12,500 | 0 | 0 | |
55 | Walgreens – Laurel | Springing | 0 | 0 | 0 | 0 | 0 | 0 | ||
56 | 599 Wea Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
57 | 30-40 Fleetwood Avenue Apartment Corp. | 0 | 0 | 0 | 0 | Collateral Security Agreement Re: Maintenance Arrears | 105,000 | 0 | 0 | |
58 | 57 Thompson Corp. | 0 | 0 | 0 | 0 | Collateral Security Agreement for Property Conditions | 3,125 | 0 | 0 | |
59 | 2 W. 90th St. Housing Corp. | 0 | 0 | 0 | 0 | Collateral Security Agreement for Capital Improvements | 15,000 | 0 | 0 | |
60 | Grand Liberte Cooperative, Inc. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
61 | 362 West Broadway Cooperative Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Other Escrow II (Initial) ($) | Other Escrow II (Monthly) ($) | Other Escrow II Cap ($) | Holdback | Ownership Interest | Ground Lease Initial Expiration Date | Annual Ground Rent Payment | Annual Ground Rent Increases | Lockbox | Whole Loan Cut-off Date Balance ($) | Whole Loan Debt Service ($) | Subordinate Secured Debt Original Balance ($) | Subordinate Secured Debt Cut-off Date Balance ($) | Whole Loan U/W NOI DSCR (x) | Whole Loan U/W NCF DSCR (x) | Whole Loan Cut-off Date LTV Ratio |
1 | McClellan Park | 5,501,308 | 0 | 0 | Fee | Hard/Springing Cash Management | |||||||||||
2 | 605 Third Avenue | 0 | Springing | 0 | Fee | Hard/Springing Cash Management | 309,000,000 | 581,002 | 78,000,000 | 78,000,000 | 4.61 | 4.30 | 45.1% | ||||
3 | Miami Design District | 460,756 | 0 | 0 | Fee | Hard/Springing Cash Management | 500,000,000 | 1,745,790 | 100,000,000 | 100,000,000 | 1.77 | 1.72 | 58.4% | ||||
4 | ExchangeRight Net Leased Portfolio #42 | 0 | 0 | 0 | Fee | Hard/Springing Cash Management | |||||||||||
4.01 | Walmart Neighborhood Market - Huntsville (Bailey Cove), AL | Fee | |||||||||||||||
4.02 | Walmart Neighborhood Market - Theodore (Theodore), AL | Fee | |||||||||||||||
4.03 | Walgreens - Peoria (Pioneer), IL | Fee | |||||||||||||||
4.04 | Tractor Supply - Kennesaw (Blue Spring), GA | Fee | |||||||||||||||
4.05 | Walgreens - Bettendorf (Middle), IA | Fee | |||||||||||||||
4.06 | Walgreens - Dallas (Ledbetter), TX | Fee | |||||||||||||||
4.07 | Walgreens - Fort Worth (28th), TX | Fee | |||||||||||||||
4.08 | CVS Pharmacy - Forest Park (Forest), GA | Fee | |||||||||||||||
4.09 | Fresenius Medical Care - Oshkosh (Omro), WI | Fee | |||||||||||||||
4.10 | Family Dollar - Syracuse (Salina), NY | Fee | |||||||||||||||
4.11 | Family Dollar - Lebanon (Maple), PA | Fee | |||||||||||||||
4.12 | Dollar General - Alvin (FM 1462), TX | Fee | |||||||||||||||
4.13 | Dollar General - Liverpool (Oswego), NY | Fee | |||||||||||||||
4.14 | Dollar General - Cleburne (County Rd 427A), TX | Fee | |||||||||||||||
5 | 250 West 57th Street | 0 | 0 | 0 | Fee | Hard/Upfront Cash Management | |||||||||||
6 | ExchangeRight REIT 2 | 75,000 | 0 | 0 | Fee | Hard/Springing Cash Management | |||||||||||
6.01 | Walmart Neighborhood Market - Huntsville | Fee | |||||||||||||||
6.02 | Biolife - Las Vegas | Fee | |||||||||||||||
6.03 | Kroger - Farmington | Fee | |||||||||||||||
6.04 | Hobby Lobby - Greenville | Fee | |||||||||||||||
6.05 | Kroger - Fort Wayne | Fee | |||||||||||||||
6.06 | Dollar Tree - Fort Wayne | Fee | |||||||||||||||
6.07 | Dollar General - Houston | Fee | |||||||||||||||
6.08 | Family Dollar - Memphis | Fee | |||||||||||||||
6.09 | Family Dollar - Commerce City | Fee | |||||||||||||||
6.10 | Family Dollar - Columbus | Fee | |||||||||||||||
6.11 | Dollar General - OKC | Fee | |||||||||||||||
6.12 | Dollar General - Chicago | Fee | |||||||||||||||
6.13 | Family Dollar - Beaumont | Fee | |||||||||||||||
7 | U-Haul AREC Portfolio 43 | 0 | 0 | 0 | Fee | Soft/Springing Cash Management | |||||||||||
7.01 | U-Haul Moving & Storage at Joe Battle & I-10 | Fee | |||||||||||||||
7.02 | U-Haul Moving & Storage of North Smithfield | Fee | |||||||||||||||
7.03 | U-Haul Moving & Storage of Downtown Waterbury | Fee | |||||||||||||||
7.04 | U-Haul Moving & Storage of the White Mountains | Fee | |||||||||||||||
7.05 | U-Haul Moving & Storage of Wapato Park | Fee | |||||||||||||||
7.06 | U-Haul of Moultonborough Self-Storage | Fee | |||||||||||||||
7.07 | U-Haul Moving & Storage of Downtown Grand Rapids | Fee | |||||||||||||||
7.08 | U-Haul Moving & Storage of Canton | Fee | |||||||||||||||
7.09 | U-Haul Storage of Twin Falls | Fee | |||||||||||||||
7.10 | U-Haul Moving & Storage of Twin Falls | Fee | |||||||||||||||
7.11 | U-Haul at 12th & L | Fee | |||||||||||||||
8 | McDonald’s Global HQ | 0 | 0 | 0 | Fee | Hard/Upfront Cash Management | 277,840,371 | 1,418,093 | 110,000,000 | 110,000,000 | 1.18 | 1.17 | 67.9% | ||||
9 | Inland SE Self Storage Portfolio | 0 | 0 | 0 | Fee | Springing | |||||||||||
9.01 | Life Storage - 708 | Fee | |||||||||||||||
9.02 | Life Storage - 797 | Fee | |||||||||||||||
9.03 | Life Storage - 798 | Fee | |||||||||||||||
9.04 | Devon Self Storage | Fee | |||||||||||||||
9.05 | Life Storage - 701 | Fee | |||||||||||||||
10 | 350 Holger Way | 0 | 0 | 0 | Fee | Hard/Upfront Cash Management | |||||||||||
11 | ExchangeRight Net Leased Portfolio #41 | 0 | 0 | 0 | Fee | Hard/Springing Cash Management | |||||||||||
11.01 | Dignity Health - Glendale, AZ | Fee | |||||||||||||||
11.02 | Walmart Neighborhood Market - Mobile, AL | Fee | |||||||||||||||
11.03 | Walmart Neighborhood Market - Forest, VA | Fee | |||||||||||||||
11.04 | BioLife Plasma Services L.P. - Avondale, AZ | Fee | |||||||||||||||
11.05 | BioLife Plasma Services L.P. - Richmond, VA | Fee | |||||||||||||||
11.06 | Natural Grocers - Little Rock, AR | Fee | |||||||||||||||
11.07 | Walgreens - Columbus, OH | Fee | |||||||||||||||
11.08 | CVS Pharmacy - Schaumburg, IL | Fee | |||||||||||||||
11.09 | Hobby Lobby - Odessa, TX | Fee | |||||||||||||||
11.10 | Tractor Supply - Toughkenamon, PA | Fee | |||||||||||||||
11.11 | Walgreens - Harker Heights, TX | Fee | |||||||||||||||
11.12 | Fresenius Medical Care - Hephzibah, GA | Fee | |||||||||||||||
11.13 | Tractor Supply - Alexandria, LA | Fee | |||||||||||||||
11.14 | Dollar Tree - Brown Deer, WI | Fee | |||||||||||||||
11.15 | Dollar General - Odessa, TX | Fee | |||||||||||||||
11.16 | Dollar General - New Castle, PA | Fee | |||||||||||||||
11.17 | Dollar General - Evansville, IN | Fee | |||||||||||||||
11.18 | Dollar General - Harlingen, TX | Fee | |||||||||||||||
12 | Coleman Highline | 0 | 0 | 0 | Fee | Hard/Springing Cash Management | |||||||||||
13 | Fresh Pond Cambridge | 0 | 0 | 0 | Fee | Hard/Springing Cash Management | |||||||||||
14 | Holliswood Owners Corp. | 75,115 | 0 | 0 | Fee | None | 20,967,346 | 87,447 | 1,000,000 | 0 | 2.69 | 2.63 | 37.5% | ||||
15 | Harvard West (Roseburg DHS Office) | 0 | 0 | 0 | Fee | Springing | |||||||||||
16 | 23000 Millcreek Boulevard | 585,000 | 0 | 0 | Fee | Springing | |||||||||||
17 | Laguna Hills Self Storage | 0 | 0 | 0 | Fee | Springing | |||||||||||
18 | Newport Court | 0 | 0 | 0 | Fee | Springing | |||||||||||
19 | EZ Storage Southfield Portfolio | 0 | 0 | 0 | Fee | Springing | |||||||||||
19.01 | EZ Southfield | Fee | |||||||||||||||
19.02 | EZ Evergreen | Fee | |||||||||||||||
20 | Naiman Industrial Portfolio | 0 | 0 | 0 | Fee | Springing | |||||||||||
20.01 | Richmond Road Industrial | Fee |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Other Escrow II (Initial) ($) | Other Escrow II (Monthly) ($) | Other Escrow II Cap ($) | Holdback | Ownership Interest | Ground Lease Initial Expiration Date | Annual Ground Rent Payment | Annual Ground Rent Increases | Lockbox | Whole Loan Cut-off Date Balance ($) | Whole Loan Debt Service ($) | Subordinate Secured Debt Original Balance ($) | Subordinate Secured Debt Cut-off Date Balance ($) | Whole Loan U/W NOI DSCR (x) | Whole Loan U/W NCF DSCR (x) | Whole Loan Cut-off Date LTV Ratio |
20.02 | Fargo Industrial | Fee | |||||||||||||||
20.03 | Fargo Development | Fee | |||||||||||||||
20.04 | Eastland Industrial | Fee | |||||||||||||||
21 | Mission Ridge - CA | 50,000 | 1,852 | 0 | Fee | Springing | |||||||||||
22 | All Aboard - 4 Property Portfolio | 0 | 0 | 0 | Fee | Springing | |||||||||||
22.01 | Big Tree Depot | Fee | |||||||||||||||
22.02 | Daytona Depot | Fee | |||||||||||||||
22.03 | Hand & Yonge | Fee | |||||||||||||||
22.04 | Clark Office Building | Fee | |||||||||||||||
23 | C.C. Filson World Headquarters | 0 | 0 | 0 | Fee | Hard/Upfront Cash Management | |||||||||||
24 | 100 & 200 Westlake - CA | 150,000 | 0 | 0 | Fee | Soft/Springing Cash Management | |||||||||||
25 | Guardian Storage Bridgeville | 0 | 0 | 0 | Fee | Springing | |||||||||||
26 | East Manchester Village | 0 | 0 | 0 | Fee | Soft/Springing Cash Management | |||||||||||
27 | 3900 Kinross | 250,000 | 0 | 0 | Fee | Hard/Upfront Cash Management | |||||||||||
28 | Guardian Storage Fox Chapel | 0 | 0 | 0 | Fee | Springing | |||||||||||
29 | Apple Cupertino | 0 | 0 | 0 | Fee | Springing | |||||||||||
30 | Amazon - Hazleton, PA | 0 | 0 | 0 | Fee | Hard/Springing Cash Management | |||||||||||
31 | Walgreens Anchorage AK | 0 | 0 | 0 | Fee | Springing | |||||||||||
32 | Sunset Hills | 0 | 0 | 0 | Fee | Springing | |||||||||||
33 | 440 East 62nd St. Owners Corp. | 500,000 | 0 | 0 | Fee | None | |||||||||||
34 | Quinnipiac Gardens | 0 | 0 | 0 | Fee | Springing | |||||||||||
35 | Walgreens - Fresno | 0 | 0 | 0 | Fee | Soft/Springing Cash Management | |||||||||||
36 | Walgreens - Glenview | 0 | Springing | 0 | Fee | Springing | |||||||||||
37 | A1 Access Self Storage | 0 | 0 | 0 | Fee | Springing | |||||||||||
38 | 1049 5th Avenue | 0 | 0 | 0 | Fee | Springing | |||||||||||
39 | Hemet Self Storage | 0 | 0 | 0 | Fee | Springing | |||||||||||
40 | Katy Station Business Park and West Belt | 0 | 0 | 0 | Fee | Springing | |||||||||||
40.01 | West Belt Business Park | Fee | |||||||||||||||
40.02 | Katy Station | Fee | |||||||||||||||
41 | 45-26 44th Street | 0 | 0 | 0 | Fee | Springing | |||||||||||
42 | 25 West 13th Corp. | 0 | 0 | 0 | Fee | None | 4,750,000 | 39,950 | 1,000,000 | 0 | 6.50 | 6.43 | 3.8% | ||||
43 | Jackson 34 Realty Corp. | 0 | 0 | 0 | Fee | None | 4,000,000 | 11,271 | 500,000 | 0 | 9.39 | 9.04 | 11.1% | ||||
44 | 980 Fifth Avenue | 0 | 0 | 0 | Fee | Springing | |||||||||||
45 | Rent A Space Dunbar | 0 | 0 | 0 | Fee | Springing | |||||||||||
46 | 365 Bronx River Road Owners, Inc. | 0 | 0 | 0 | Fee | None | 3,250,000 | 9,305 | 250,000 | 0 | 8.86 | 8.47 | 20.8% | ||||
47 | Ottawa Kansas MHC Portfolio | 0 | 0 | 0 | Fee | Springing | |||||||||||
47.01 | Acres Estates | Fee | |||||||||||||||
47.02 | Cherrywood Estates | Fee | |||||||||||||||
48 | Hawthorn Self Storage | 0 | 0 | 0 | Fee | Springing | |||||||||||
49 | 3111 Tenant’s Corp. a/k/a 3111 Tenants Corp. | 0 | 0 | 0 | Fee | None | 2,796,110 | 11,963 | 250,000 | 0 | 4.56 | 4.49 | 20.3% | ||||
50 | Michelle Tenants Corp. | 0 | 0 | 0 | Fee | None | 2,896,101 | 12,103 | 400,000 | 0 | 4.69 | 4.57 | 14.2% | ||||
51 | Plaza East Owners Corp. | 0 | 0 | 0 | Fee | None | 2,344,556 | 6,557 | 44,556 | 44,556 | 15.54 | 15.30 | 11.6% | ||||
52 | Rugby Road Owners Corp. | 0 | 0 | 0 | Fee | None | 2,700,000 | 11,346 | 500,000 | 0 | 4.15 | 4.06 | 11.5% | ||||
53 | 575 Riverhouse Corp. | 0 | 0 | 0 | Fee | None | 2,500,000 | 10,257 | 500,000 | 0 | 5.40 | 5.27 | 10.4% | ||||
54 | 424 East 57th Street Tenants Corp. | 0 | 0 | 0 | Fee | None | 2,500,000 | 7,169 | 500,000 | 0 | 6.02 | 5.85 | 10.7% | ||||
55 | Walgreens – Laurel | 0 | 0 | 0 | Fee | Springing | |||||||||||
56 | 599 Wea Owners Corp. | 0 | 0 | 0 | Fee | None | 2,246,906 | 9,550 | 250,000 | 0 | 4.79 | 4.73 | 10.1% | ||||
57 | 30-40 Fleetwood Avenue Apartment Corp. | 0 | 0 | 0 | Fee | None | 2,200,000 | 8,877 | 500,000 | 0 | 13.54 | 13.23 | 11.4% | ||||
58 | 57 Thompson Corp. | 0 | 0 | 0 | Fee | None | 1,947,433 | 8,343 | 250,000 | 0 | 4.04 | 4.01 | 11.0% | ||||
59 | 2 W. 90th St. Housing Corp. | 0 | 0 | 0 | Fee | None | 1,550,000 | 4,615 | 250,000 | 0 | 3.68 | 3.58 | 12.4% | ||||
60 | Grand Liberte Cooperative, Inc. | 0 | 0 | 0 | Fee | None | 1,348,359 | 5,733 | 250,000 | 0 | 19.41 | 19.31 | 3.7% | ||||
61 | 362 West Broadway Cooperative Corp. | 0 | 0 | 0 | Fee | None |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Whole Loan Cut-off Date U/W NOI Debt Yield | Whole Loan Cut-off Date U/W NCF Debt Yield | Mezzanine Debt Cut-off Date Balance($) | Pari Passu (Y/N) | Pari Passu Note Control (Y/N) | Pari Passu Piece In-Trust Cut-Off Balance | Pari Passu Piece Non-Trust Cut-Off Balance | Total Cut-off Date Pari Passu Debt | Sponsor(11) | Affiliated Sponsors | Mortgage Loan Number |
1 | McClellan Park | Y | N | 90,000,000 | 268,000,000 | 358,000,000 | McClellan Business Park, LLC | 1 | ||||
2 | 605 Third Avenue | 10.4% | 9.7% | 91,000,000 | Y | N | 80,000,000 | 151,000,000 | 231,000,000 | RP 605 Acquisition; FB 605 Equity LLC, FB 605 Corp.; Hadwin LLC | 2 | |
3 | Miami Design District | 7.4% | 7.2% | Y | N | 80,000,000 | 320,000,000 | 400,000,000 | Miami Design District Associates, LLC | 3 | ||
4 | ExchangeRight Net Leased Portfolio #42 | N | David Fisher; Joshua Ungerecht; Warren Thomas | Y - Group 1 | 4 | |||||||
4.01 | Walmart Neighborhood Market - Huntsville (Bailey Cove), AL | Y - Group 1 | 4.01 | |||||||||
4.02 | Walmart Neighborhood Market - Theodore (Theodore), AL | Y - Group 1 | 4.02 | |||||||||
4.03 | Walgreens - Peoria (Pioneer), IL | Y - Group 1 | 4.03 | |||||||||
4.04 | Tractor Supply - Kennesaw (Blue Spring), GA | Y - Group 1 | 4.04 | |||||||||
4.05 | Walgreens - Bettendorf (Middle), IA | Y - Group 1 | 4.05 | |||||||||
4.06 | Walgreens - Dallas (Ledbetter), TX | Y - Group 1 | 4.06 | |||||||||
4.07 | Walgreens - Fort Worth (28th), TX | Y - Group 1 | 4.07 | |||||||||
4.08 | CVS Pharmacy - Forest Park (Forest), GA | Y - Group 1 | 4.08 | |||||||||
4.09 | Fresenius Medical Care - Oshkosh (Omro), WI | Y - Group 1 | 4.09 | |||||||||
4.10 | Family Dollar - Syracuse (Salina), NY | Y - Group 1 | 4.10 | |||||||||
4.11 | Family Dollar - Lebanon (Maple), PA | Y - Group 1 | 4.11 | |||||||||
4.12 | Dollar General - Alvin (FM 1462), TX | Y - Group 1 | 4.12 | |||||||||
4.13 | Dollar General - Liverpool (Oswego), NY | Y - Group 1 | 4.13 | |||||||||
4.14 | Dollar General - Cleburne (County Rd 427A), TX | Y - Group 1 | 4.14 | |||||||||
5 | 250 West 57th Street | Y | N | 38,000,000 | 142,000,000 | 180,000,000 | Empire State Realty OP, L.P. | 5 | ||||
6 | ExchangeRight REIT 2 | N | David Fisher; Joshua Ungerecht; Warren Thomas | Y - Group 1 | 6 | |||||||
6.01 | Walmart Neighborhood Market - Huntsville | Y - Group 1 | 6.01 | |||||||||
6.02 | Biolife - Las Vegas | Y - Group 1 | 6.02 | |||||||||
6.03 | Kroger - Farmington | Y - Group 1 | 6.03 | |||||||||
6.04 | Hobby Lobby - Greenville | Y - Group 1 | 6.04 | |||||||||
6.05 | Kroger - Fort Wayne | Y - Group 1 | 6.05 | |||||||||
6.06 | Dollar Tree - Fort Wayne | Y - Group 1 | 6.06 | |||||||||
6.07 | Dollar General - Houston | Y - Group 1 | 6.07 | |||||||||
6.08 | Family Dollar - Memphis | Y - Group 1 | 6.08 | |||||||||
6.09 | Family Dollar - Commerce City | Y - Group 1 | 6.09 | |||||||||
6.10 | Family Dollar - Columbus | Y - Group 1 | 6.10 | |||||||||
6.11 | Dollar General - OKC | Y - Group 1 | 6.11 | |||||||||
6.12 | Dollar General - Chicago | Y - Group 1 | 6.12 | |||||||||
6.13 | Family Dollar - Beaumont | Y - Group 1 | 6.13 | |||||||||
7 | U-Haul AREC Portfolio 43 | N | AMERCO | 7 | ||||||||
7.01 | U-Haul Moving & Storage at Joe Battle & I-10 | 7.01 | ||||||||||
7.02 | U-Haul Moving & Storage of North Smithfield | 7.02 | ||||||||||
7.03 | U-Haul Moving & Storage of Downtown Waterbury | 7.03 | ||||||||||
7.04 | U-Haul Moving & Storage of the White Mountains | 7.04 | ||||||||||
7.05 | U-Haul Moving & Storage of Wapato Park | 7.05 | ||||||||||
7.06 | U-Haul of Moultonborough Self-Storage | 7.06 | ||||||||||
7.07 | U-Haul Moving & Storage of Downtown Grand Rapids | 7.07 | ||||||||||
7.08 | U-Haul Moving & Storage of Canton | 7.08 | ||||||||||
7.09 | U-Haul Storage of Twin Falls | 7.09 | ||||||||||
7.10 | U-Haul Moving & Storage of Twin Falls | 7.10 | ||||||||||
7.11 | U-Haul at 12th & L | 7.11 | ||||||||||
8 | McDonald’s Global HQ | 7.2% | 7.2% | Y | N | 34,555,371 | 133,285,001 | 167,840,371 | Normandy Properties | 8 | ||
9 | Inland SE Self Storage Portfolio | N | Inland Private Capital Corporation | 9 | ||||||||
9.01 | Life Storage - 708 | 9.01 | ||||||||||
9.02 | Life Storage - 797 | 9.02 | ||||||||||
9.03 | Life Storage - 798 | 9.03 | ||||||||||
9.04 | Devon Self Storage | 9.04 | ||||||||||
9.05 | Life Storage - 701 | 9.05 | ||||||||||
10 | 350 Holger Way | N | Joseph J. Sitt | 10 | ||||||||
11 | ExchangeRight Net Leased Portfolio #41 | Y | N | 26,338,000 | 40,000,000 | 66,338,000 | David Fisher; Joshua Ungerecht; Warren Thomas | Y - Group 1 | 11 | |||
11.01 | Dignity Health - Glendale, AZ | Y - Group 1 | 11.01 | |||||||||
11.02 | Walmart Neighborhood Market - Mobile, AL | Y - Group 1 | 11.02 | |||||||||
11.03 | Walmart Neighborhood Market - Forest, VA | Y - Group 1 | 11.03 | |||||||||
11.04 | BioLife Plasma Services L.P. - Avondale, AZ | Y - Group 1 | 11.04 | |||||||||
11.05 | BioLife Plasma Services L.P. - Richmond, VA | Y - Group 1 | 11.05 | |||||||||
11.06 | Natural Grocers - Little Rock, AR | Y - Group 1 | 11.06 | |||||||||
11.07 | Walgreens - Columbus, OH | Y - Group 1 | 11.07 | |||||||||
11.08 | CVS Pharmacy - Schaumburg, IL | Y - Group 1 | 11.08 | |||||||||
11.09 | Hobby Lobby - Odessa, TX | Y - Group 1 | 11.09 | |||||||||
11.10 | Tractor Supply - Toughkenamon, PA | Y - Group 1 | 11.10 | |||||||||
11.11 | Walgreens - Harker Heights, TX | Y - Group 1 | 11.11 | |||||||||
11.12 | Fresenius Medical Care - Hephzibah, GA | Y - Group 1 | 11.12 | |||||||||
11.13 | Tractor Supply - Alexandria, LA | Y - Group 1 | 11.13 | |||||||||
11.14 | Dollar Tree - Brown Deer, WI | Y - Group 1 | 11.14 | |||||||||
11.15 | Dollar General - Odessa, TX | Y - Group 1 | 11.15 | |||||||||
11.16 | Dollar General - New Castle, PA | Y - Group 1 | 11.16 | |||||||||
11.17 | Dollar General - Evansville, IN | Y - Group 1 | 11.17 | |||||||||
11.18 | Dollar General - Harlingen, TX | Y - Group 1 | 11.18 | |||||||||
12 | Coleman Highline | Y | N | 22,000,000 | 145,700,000 | 167,700,000 | BREIT Operating Partnership, L.P. | 12 | ||||
13 | Fresh Pond Cambridge | Y | N | 20,000,000 | 30,000,000 | 50,000,000 | Nishan Atinizian; Kevork D. Atinizian | 13 | ||||
14 | Holliswood Owners Corp. | 13.5% | 13.1% | N | 14 | |||||||
15 | Harvard West (Roseburg DHS Office) | N | Rubicon Investments Corporation | 15 | ||||||||
16 | 23000 Millcreek Boulevard | N | Francis Greenburger; Time Equities | 16 | ||||||||
17 | Laguna Hills Self Storage | N | Westport Properties, Inc. | Y - Group 2 | 17 | |||||||
18 | Newport Court | N | Gary Brinderson | 18 | ||||||||
19 | EZ Storage Southfield Portfolio | N | Stephen M. Nolan | 19 | ||||||||
19.01 | EZ Southfield | 19.01 | ||||||||||
19.02 | EZ Evergreen | 19.02 | ||||||||||
20 | Naiman Industrial Portfolio | N | Naiman Family Partners, LP | 20 | ||||||||
20.01 | Richmond Road Industrial | 20.01 |
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Mortgage Loan Number | Property Name | Whole Loan Cut-off Date U/W NOI Debt Yield | Whole Loan Cut-off Date U/W NCF Debt Yield | Mezzanine Debt Cut-off Date Balance($) | Pari Passu (Y/N) | Pari Passu Note Control (Y/N) | Pari Passu Piece In-Trust Cut-Off Balance | Pari Passu Piece Non-Trust Cut-Off Balance | Total Cut-off Date Pari Passu Debt | Sponsor(11) | Affiliated Sponsors | Mortgage Loan Number |
20.02 | Fargo Industrial | 20.02 | ||||||||||
20.03 | Fargo Development | 20.03 | ||||||||||
20.04 | Eastland Industrial | 20.04 | ||||||||||
21 | Mission Ridge - CA | N | Stephen B. Jaeger; Jonathan Lefferts; The Lefferts 2015 Trust; The Stephen B. Jaeger Living Trust | 21 | ||||||||
22 | All Aboard - 4 Property Portfolio | N | D. Andrew Clark; D. Andrew Clark Revocable Trust; D. Andrew Clark 2020 Irrevocable Trust | 22 | ||||||||
22.01 | Big Tree Depot | 22.01 | ||||||||||
22.02 | Daytona Depot | 22.02 | ||||||||||
22.03 | Hand & Yonge | 22.03 | ||||||||||
22.04 | Clark Office Building | 22.04 | ||||||||||
23 | C.C. Filson World Headquarters | N | Christopher Aggerholm; Philip Bryan Syrdal | 23 | ||||||||
24 | 100 & 200 Westlake - CA | N | Benjamin Nazarian; Neil Kadisha | 24 | ||||||||
25 | Guardian Storage Bridgeville | N | Steven H. Cohen | Y - Group 3 | 25 | |||||||
26 | East Manchester Village | N | Leo S. Ullman; Robert F. Whalen, Jr. | 26 | ||||||||
27 | 3900 Kinross | N | Yaron Kandelker | 27 | ||||||||
28 | Guardian Storage Fox Chapel | N | Steven H. Cohen | Y - Group 3 | 28 | |||||||
29 | Apple Cupertino | N | Dean Tsao | 29 | ||||||||
30 | Amazon - Hazleton, PA | N | Neal A. DeAngelo | 30 | ||||||||
31 | Walgreens Anchorage AK | N | Kevin P. Burke | 31 | ||||||||
32 | Sunset Hills | N | Peter Michelin | 32 | ||||||||
33 | 440 East 62nd St. Owners Corp. | N | 33 | |||||||||
34 | Quinnipiac Gardens | N | Toby Hecht | 34 | ||||||||
35 | Walgreens - Fresno | N | Ryan Tedder; Keith Kantrowitz | 35 | ||||||||
36 | Walgreens - Glenview | N | Elizabeth Edlich | 36 | ||||||||
37 | A1 Access Self Storage | N | Access Self Storage | 37 | ||||||||
38 | 1049 5th Avenue | N | Jean-Francois Simon | 38 | ||||||||
39 | Hemet Self Storage | N | Westport Properties, Inc. | Y - Group 2 | 39 | |||||||
40 | Katy Station Business Park and West Belt | N | John W. Able | 40 | ||||||||
40.01 | West Belt Business Park | 40.01 | ||||||||||
40.02 | Katy Station | 40.02 | ||||||||||
41 | 45-26 44th Street | N | Richard Barsky | 41 | ||||||||
42 | 25 West 13th Corp. | 65.6% | 64.9% | N | 42 | |||||||
43 | Jackson 34 Realty Corp. | 31.8% | 30.6% | N | 43 | |||||||
44 | 980 Fifth Avenue | N | Willis K. Polite, Jr.; Dennis P. Fisco; Mark Bauman Polite | 44 | ||||||||
45 | Rent A Space Dunbar | N | City Line Capital, LLC | 45 | ||||||||
46 | 365 Bronx River Road Owners, Inc. | 30.4% | 29.1% | N | 46 | |||||||
47 | Ottawa Kansas MHC Portfolio | N | Anar Pitre; Gerard O’Sullivan | 47 | ||||||||
47.01 | Acres Estates | 47.01 | ||||||||||
47.02 | Cherrywood Estates | 47.02 | ||||||||||
48 | Hawthorn Self Storage | N | James B. Keelan and Lori E. Keelan | 48 | ||||||||
49 | 3111 Tenant’s Corp. a/k/a 3111 Tenants Corp. | 23.4% | 23.0% | N | 49 | |||||||
50 | Michelle Tenants Corp. | 23.5% | 22.9% | N | 50 | |||||||
51 | Plaza East Owners Corp. | 52.1% | 51.3% | N | 51 | |||||||
52 | Rugby Road Owners Corp. | 20.9% | 20.5% | N | 52 | |||||||
53 | 575 Riverhouse Corp. | 26.6% | 25.9% | N | 53 | |||||||
54 | 424 East 57th Street Tenants Corp. | 20.7% | 20.1% | N | 54 | |||||||
55 | Walgreens – Laurel | N | 10th Street LLC | 55 | ||||||||
56 | 599 Wea Owners Corp. | 24.4% | 24.1% | N | 56 | |||||||
57 | 30-40 Fleetwood Avenue Apartment Corp. | 65.6% | 64.0% | N | 57 | |||||||
58 | 57 Thompson Corp. | 20.7% | 20.6% | N | 58 | |||||||
59 | 2 W. 90th St. Housing Corp. | 13.2% | 12.8% | N | 59 | |||||||
60 | Grand Liberte Cooperative, Inc. | 99.0% | 98.5% | N | 60 | |||||||
61 | 362 West Broadway Cooperative Corp. | N | 61 |
FOOTNOTES TO ANNEX A-1 | |||
See “Annex A-3: Summaries of the Fifteen Largest Mortgage Loans” in the Preliminary Prospectus for additional information on the 15 largest mortgage loans. | |||
(1) | “WFB” denotes Wells Fargo Bank, National Association, “BANA” denotes Bank of America, National Association, “MSMCH” denotes Morgan Stanley Mortgage Capital Holdings LLC and “NCB” denotes National Cooperative Bank, N.A. | ||
(2) | For mortgage loan #40 (Katy Station Business Park and West Belt), the Katy Station Business Park mortgaged property is a mixed use property comprised of industrial space (55.7% of net rentable square feet) and retail space (44.3% of net rentable square feet). | ||
For mortgage loan #29 (Apple Cupertino), the mortgaged property is a single tenant property which is comprised of lab space (75% of net rentable square feet) and office space (25% of net rentable square feet). | |||
(3) | For mortgage loan #1 (McClellan Park), the # of Units includes 4,193,496 square feet of warehouse and manufacturing, 1,728,393 square feet of office, research and commercial, 843,221 square feet of airfield, 157,254 square feet of multifamily and 3,120 square feet of yard space. | ||
For mortgage loan #7 (U-Haul AREC Portfolio 43), the U-Haul at 12th & L mortgaged property does not have associated square feet as this is a remote property which has its square feet rolled together with its parent property of U-Haul Moving & Storage of Wapato Park. | |||
For mortgage loan #23 (C.C. Filson World Headquarters), the # of Units includes 26,865 square feet of office, 14,487 square feet of production and 9,932 square feet of retail space. | |||
(4) | For mortgage loan #3 (Miami Design District), pursuant to an amendment to the Miami Design District Whole Loan dated April 29, 2020, debt service payments owed for May, June and July 2020 were deferred and are payable on the Maturity Date or earlier repayment in full of the Miami Design District Whole Loan. | ||
(5) | For mortgage loan #8 (McDonald’s Global HQ), the Original Amort Term (mos.) and Remaining Amort Term (mos.) is shown for the McDonald’s Global HQ Whole Loan. The McDonald’s Global HQ Senior Loan amortizes in 186 months. | ||
(6) | For mortgage loan #5 (250 West 57th Street), the borrower has informed the lender that it has applied for an Industrial and Commercial Abatement Program (“ICAP”) tax abatement, which has not yet been received. The borrower has represented that it has complied with all of the statutory requirements of the ICAP program, other than providing proof to the Department of Finance of the City of New York that all of the outstanding violations against the Mortgaged Property set forth in the final loan documents have been cleared and removed of record. The borrower anticipates submitting the evidence of clearing and removing of record the outstanding violations to the Department of Finance on or about November 1, 2021. In the event that the borrower fails to clear each of the existing violations from the public record, the borrower is required under the loan documents to deposit $18,200,000, which is required to be held as additional collateral for the Mortgage Loan for the remaining term. The Appraised Value assumes that the ICAP is in place and has a net present value of $11,000,000. If such net present value of $11,000,000 was excluded from the Appraised Value of $330,000,000, the Cut-off Date LTV Ratio and LTV Ratio at Maturity would be 56.4%. There can be no assurance of what the actual Appraised Value would be if the ICAP abatement is not obtained. Approximately $2,178,571 of ICAP benefits was underwritten. Excluding such ICAP benefits, the UW NCF DSCR would be 3.16x, and the UW NOI Debt Yield would be 10.1% and the UW NOI Debt Yield at Maturity would be 10.1%. | ||
For mortgage loan #7 (U-Haul AREC Portfolio 43), the Appraised Value shown reflects a “Bulk Portfolio Value” of $76,650,000. The Cut-off Date LTV Ratio and LTV Ratio at ARD, assuming the aggregate as-is values of the individual properties of $70,480,000, are 52.4% and 36.0%, respectively. | |||
For mortgage loan #9 (Inland SE Self Storage Portfolio), the Appraised Value reflects a pool level appraisal, which includes a 4.4% diversity premium based on an assumption that all the mortgaged |
properties would be sold together as a portfolio. The aggregate of the individual mortgaged property appraised values is $53,150,000. | |
For mortgage loan #12 (Coleman Highline), the Appraised Value assumes the sole tenant (357,106 square feet), representing 100.0% of net rentable square feet, is in occupancy of its entire space and paying full, unabated rent. The sole tenant has taken possession of Building 1 (162,557 square feet), is paying full, unabated rent and is completing its buildout throughout 2021. The sole tenant is in occupancy and paying full, unabated rent in Building 2 (194,549 square feet). A reserve was taken for all outstanding tenant improvement allowances, which must be used by December 2021. The appraised value assuming buildout of Building 1 is not completed is $275,700,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $275,700,000 appraised value is 60.8%. | |
For mortgage loan #21 (Mission Ridge – CA), the Appraised Value assumes the deferred maintenance at the mortgaged property, scheduled to be completed by April 2021, has been completed. A reserve was taken for the outstanding costs associated with the deferred maintenance. The appraised value assuming the deferred maintenance is not completed is $17,490,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $17,490,000 appraised value are 82.3% and 70.2%, respectively. | |
(7) | Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. In particular, with respect to (i) single tenant properties, (ii) the largest 5 tenants with respect to the largest 15 Mortgage Loans and (iii) tenants that, alone or together with affiliated tenants, occupy 50% or more of the net rentable area of, or represent 50% or more of the underwritten revenues of, the related Mortgaged Properties, certain of such tenants have unilateral termination options with respect to all or a portion of their space. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” in this prospectus for additional information, as well as the charts entitled “Major Tenants” and “Lease Expiration Schedules” for the 15 largest Mortgage Loans or groups of cross-collateralized Mortgage Loans presented on Annex A-3 to this prospectus. |
For mortgage loan #16 (23000 Millcreek Boulevard), the second largest tenant (53,290 square feet), representing 34.4% of the net rentable area has an early termination right as of March 31, 2025 with one year’s notice and payment of a termination fee equal to the sum of all landlord’s unamortized costs (at an interest rate of 7%), of landlord’s generator allowance, work allowance and relocation allowance, brokerage commissions and 10 months of minimum rent as of the termination date. The third largest tenant (15,802 square feet), representing 10.2% of the net rentable area, has a one-time right to terminate its lease effective July 31, 2025 with 12-months’ notice and payment of a termination fee equal to the sum of all landlord’s unamortized costs, brokerage commissions and 6 months of minimum rent as of the termination date. | |
For mortgage loan #20 (Naiman Industrial Portfolio), the third largest tenant at the Eastland Industrial mortgaged property (6,394 square feet), representing 9.0% of the net rentable area, has the right to terminate its lease, exercisable by written notice to the landlord. The termination will be effective on the last day of the fourth full calendar month after the date of the tenant’s written notice, provided, however, that the tenant pays to the landlord (a) all sums due and owing by the tenant to the landlord under the lease between the date of the tenant’s written notice up to and including the termination date as such sums become due and payable, (b) the then unamortized portion of the leasing commission paid by the landlord, (c) the unamortized portion of the landlord’s work and (d) a sum equal to an additional four months of rent and additional rents. In addition, the third largest tenant at the Richmond Road Industrial Property (47,500 square feet), representing 8.3% of the net rentable area, has a right to terminate its lease at any time if it exercises a right of first refusal under a lease at a property located at 5440 Naiman Parkway, Solon, Ohio. | |
For mortgage loan #21 (Mission Ridge – CA), the largest tenant (58,090 square feet), representing 60.2% of net rentable square feet, may terminate its lease at any time upon providing 180 days’ written notice . | |
For mortgage loan #24 (100 & 200 Westlake – CA), the largest tenant (20,456 square feet), representing 29.3% of net rentable square feet, may terminate its lease on 13,766 square feet of its |
space as of March 31, 2026 upon providing written notice by March 31, 2025 and payment of a termination fee equal to $395,290 . | |
For mortgage loan #27 (3900 Kinross), the largest tenant (32,090 square feet), representing 37.1% of the net rentable area has an early termination right as of October 31, 2023 with nine months’ notice and a termination fee of $537,994 plus the unamortized balance of brokerage commissions and construction allowance. The second largest tenant (29,032 square feet), representing 33.6% of the net rentable area has an early termination right as of May 31, 2028 with twelve months’ notice and a termination fee equal to the sum of: (i) 1 months of minimum rent at the amount that would have been due for the 3 months after the termination date (ii) the unamortized amount of brokerage commissions paid or owed by landlord in connection with the lease, the tenant improvement allowance, the free rent received by tenant, and $7,500 as to landlord’ s legal fees incurred in connection with the lease. The third largest tenant (25,289 square feet), representing 29.3% of the net rentable area has an early termination right as of December 31, 2026 with twelve months’ notice and a cancellation fee equal to the sum of: (i) 4 months of minimum rent at the amount that would have been due for the 4 months after the termination date plus (ii) the unamortized amount (as of the termination date) of: brokerage commissions paid or owed by landlord in connection with the lease, and the tenant improvement allowance. | |
For mortgage loan #31 (Walgreens Anchorage AK), the largest tenant (14,550 square feet), representing 100% of the net rentable area has an early termination right as of October 31, 2036, and each five year anniversary of such date, with one year’s notice. For purposes of Annex A-1 the initial termination date has been treated as the expiration date of such tenant’s lease. | |
For mortgage loan #36 (Walgreens – Glenview), the sole tenant (15,167 square feet), representing 100.0% of net rentable square feet, may terminate its lease as of November 30, 2022 and every five years thereafter, upon providing 12 months’ written notice. | |
For mortgage loan #55 (Walgreens – Laurel), the sole tenant (14,772 square feet), representing 100.0% of net rentable square feet of the leasehold building, may terminate its lease as of November 30, 2039, April 30, 2042, April 30, 2047 and April 30, 2057 upon providing 18 months’ written notice. | |
(8) | Certain tenants may not be in occupancy or may be in free rent periods. In particular, with respect to (i) single tenant properties, (ii) the largest 5 tenants with respect to the largest 15 Mortgage Loans and (iii) tenants that, alone or together with affiliated tenants, occupy 50% or more of the net rentable area of, or represent 50% or more of the underwritten revenues of the related Mortgaged Properties, certain of such tenants have not taken possession or commenced paying rent or are not yet fully operational. For more information see “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” and the Annex A-3 in this prospectus for additional information. |
For mortgage loan #16 (23000 Millcreek Boulevard), the lease of the second largest tenant as to Phase II of its space (13,933 square feet) does not commence until October 2021 and such tenant has free rent until January 1, 2022. At origination, $332,000 was reserved in respect of gap and free rent for such tenant. | |
For mortgage loan #24 (100 & 200 Westlake – CA), the largest tenant (20,456 square feet), representing 29.3% of net rentable square feet, has a 50% rent abatement on 6,690 square feet of its space for 12 months through November 2021. | |
For mortgage loan #27 (3900 Kinross) the second largest tenant has free rent through May 2021 and reduced rent of $18.50 per square foot based on 19,374 square feet (rather than its full 29,032 square feet) from June 2021 through May 2022. The third largest tenant has reduced rent based on rent of $23.97 per square foot on 19,289 square feet (rather than its full 25,289 square feet) from January 2021 through June 2021. At origination, $493,291 was reserved in respect of free rent and discounted rent for such two tenants. | |
(9) | For mortgage loan #1 (McClellan Park), the fifth largest tenant (267,618 square feet), representing 3.9% of net rentable square feet, has lease expiration dates of December 31, 2021 for 254,511 square feet, November 30, 2022 for 8,250 square feet and July 31, 2022 on 4,857 square feet. |
For mortgage loan #20 (Naiman Industrial Portfolio), the second largest tenant at the Richmond Road Industrial Mortgaged property (59,375 square feet), representing 18.0% of net rentable square feet, has multiple expiration dates. 32,354 square feet expires January 31, 2028 and 27,021 square feet expires January 31, 2024. | |
(10) | For mortgage loan #11 (ExchangeRight Net Leased Portfolio #41), the ongoing monthly insurance payments of $220 for NFIP premiums are in place for Walmart Neighborhood Market - Mobile, AL and Dollar Tree - Brown Deer, WI. Additional monthly deposits for insurance are suspended for all properties in the ExchangeRight Net Leased Portfolio #41 as long as (i) no event of default has occurred and is continuing and (ii) either (x) the ExchangeRight Net Leased Portfolio #41 is covered under a blanket policy acceptable to the lender or (y) (1) the ExchangeRight Net Leased Portfolio #41 borrower delivers evidence to the lender of payment by the borrower or tenant, (2) the lease(s) with the applicable tenant(s) shall be and continue in full force and effect and (3) there is no material adverse change with respect to the tenant’s ability to make timely payment. |
For mortgage loan #38 (1049 5th Avenue), the ongoing monthly insurance payments are for the borrower’s lessor liability coverage policy. Additional monthly deposits for insurance are suspended for the 1049 5th Avenue as long as (i) no event of default has occurred and is continuing, (ii) the 1049 5th Avenue mortgaged property is covered under a blanket policy acceptable to the lender and (iii) the 1049 5th Avenue borrower delivers evidence to the lender of payment within 20 business days prior to expiration. | |
(11) | For Mortgage Loan #1 (McClellan Park), the fourth largest tenant (280,839 square feet), representing 4.1% of net rentable square feet, is an affiliate of the borrower. |
For mortgage loan #22 (All Aboard - 4 Property Portfolio), the fourth largest tenant at the Clark Office Building mortgaged property (2,000 square feet), representing 1.1% of net rentable square feet of the entire portfolio, is an affiliate of the borrower. | |
For mortgage loan #44 (980 Fifth Avenue), the largest tenant (5,794 square feet), representing 52.7% of net rentable square feet, is an affiliate of the borrower. |