FWP 1 n1864-x6_a1.htm FREE WRITING PROSPECTUS
    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-226486-11
     

 

     
 

WFCM 2019-C54 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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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, UBS Securitie LLC., Drexel Hamilton, LLC, Academy Securities, Inc., or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.

 

This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.

 

Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A.  Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC are distinct entities from affiliated banks and thrifts.

 

IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES

The information herein is preliminary and may be supplemented or amended prior to the time of sale.

 

In addition, the Offered Certificates referred to in these materials and the asset pool backing them are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined, or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a "when, as and if issued" basis.

 

The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials.

 

The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.

 

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.

 
     

 

   

 

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 Year
Built
Year
Renovated
Number of Units(2) Unit of Measure Cut-off Date Balance Per Unit/SF(3) 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
1 Continental Park - Rosecrans Douglas RMF   831 Douglas Street; 2201, 2221, and 2231 Rosecrans Avenue El Segundo CA 90245 Office Suburban 1965 2017 206,012 Sq. Ft. 267 55,000,000 55,000,000 8.2% 55,000,000 N 10/18/2019 12/6/2019 11/6/2029
2 West Bountiful Commons RMF   100 North 500 West West Bountiful UT 84010 Retail Anchored 1993 2017 324,349 Sq. Ft. 107 34,750,000 34,750,000 5.2% 34,750,000 N 10/18/2019 12/6/2019 11/6/2029
3 Torrey Ridge Apartments WFB   210 South Clovis Avenue Fresno CA 93727 Multifamily Garden 1976 2019 418 Units 77,751 32,500,000 32,500,000 4.9% 27,432,083 N 10/4/2019 11/11/2019 10/11/2021
4 74 Kent Street & 11-20 46th Road AREF   Various Various NY Various Office CBD Various Various 66,470 Sq. Ft. 459 30,500,000 30,500,000 4.6% 30,500,000 N 10/24/2019 12/6/2019 11/6/2029
4.01 74 Kent Street AREF   74 Kent Street Brooklyn NY 11222 Office CBD 1931 2018 31,745 Sq. Ft.   15,860,000 15,860,000 2.4%          
4.02 11-20 46th Road AREF   11-20 46th Road Long Island City NY 11101 Office CBD 1947 2019 34,725 Sq. Ft.   14,640,000 14,640,000 2.2%          
5 77 Clinton Avenue AREF   77 Clinton Avenue Brooklyn NY 11205 Office CBD 1914 1968 127,000 Sq. Ft. 239 30,400,000 30,400,000 4.5% 30,400,000 N 10/25/2019 12/6/2019 11/6/2029
6 Takoma Metro Center BSPRT   6856 Eastern Avenue Northwest Washington DC 20012 Mixed Use Flex/Office/Retail 1908 2017 198,107 Sq. Ft. 139 27,600,000 27,600,000 4.1% 27,600,000 N 9/27/2019 11/6/2019 10/6/2029
7 The Tower at Burbank WFB   3900 West Alameda Avenue Burbank CA 91505 Office CBD 1989 2019 490,807 Sq. Ft. 397 25,000,000 25,000,000 3.7% 25,000,000 N 8/8/2019 9/11/2019 8/11/2029
8 Planet Self Storage Portfolio RMF   Various Various Various Various Self Storage Self Storage Various Various 563,807 Sq. Ft. 124 25,000,000 25,000,000 3.7% 25,000,000 N 9/26/2019 11/6/2019 10/6/2024
8.01 Prime Storage - Somerville RMF   39R Medford Street Somerville MA 02143 Self Storage Self Storage 1930 1995 36,095 Sq. Ft.   3,250,000 3,250,000 0.5%          
8.02 Prime Storage - Newington RMF   350 Alumni Road Newington CT 00611 Self Storage Self Storage 2000 2018 87,925 Sq. Ft.   2,989,286 2,989,286 0.4%          
8.03 Prime Storage - Washington RMF   307 South Lincoln Avenue Washington NJ 07882 Self Storage Self Storage 1987 2018 63,450 Sq. Ft.   2,875,000 2,875,000 0.4%          
8.04 Prime Storage - Brookfield RMF   25 and 87 Del Mar Drive Brookfield CT 06804 Self Storage Self Storage 1984 2018 61,350 Sq. Ft.   2,428,571 2,428,571 0.4%          
8.05 Prime Storage - Quakertown RMF   1320 South West End Boulevard Quakertown PA 18951 Self Storage Self Storage 1987   67,450 Sq. Ft.   2,410,714 2,410,714 0.4%          
8.06 Prime Storage - Hyde Park RMF   1641 Hyde Park Avenue Boston MA 02136 Self Storage Self Storage 1960 1997 27,504 Sq. Ft.   2,178,571 2,178,571 0.3%          
8.07 Prime Storage - Phillipsburg RMF   1191 U.S. Highway 22 Greenwich; Lopatcong NJ 08865 Self Storage Self Storage 1982 2018 48,691 Sq. Ft.   1,875,000 1,875,000 0.3%          
8.08 Prime Storage - New Milford RMF   156 Danbury Road New Milford CT 06776 Self Storage Self Storage 1989   41,050 Sq. Ft.   1,875,000 1,875,000 0.3%          
8.09 Prime Storage - Fairless Hills RMF   400 Tyburn Road Fairless Hills PA 19030 Self Storage Self Storage 1979   42,211 Sq. Ft.   1,796,429 1,796,429 0.3%          
8.10 Prime Storage - Clinton RMF   10 Route 173 Union NJ 08809 Self Storage Self Storage 1980 2018 35,538 Sq. Ft.   1,714,286 1,714,286 0.3%          
8.11 Prime Storage - Lindenwold RMF   901 Egg Harbor Road Lindenwold NJ 08021 Self Storage Self Storage 1979   52,543 Sq. Ft.   1,607,143 1,607,143 0.2%          
9 The District at Tuttle BSPRT   4020 Cyber Avenue Columbus OH 43221 Multifamily Garden 2014   228 Units 105,263 24,000,000 24,000,000 3.6% 24,000,000 N 9/30/2019 11/6/2019 10/6/2029
10 730 Arizona Avenue WFB   730 Arizona Avenue (aka 1310 Lincoln Boulevard) Santa Monica CA 90401 Office Suburban 1988 2016 28,822 Sq. Ft. 789 22,750,000 22,750,000 3.4% 22,750,000 N 8/23/2019 10/11/2019 9/11/2029
11 Phoenix Industrial Portfolio II UBS AG   Various Various Various Various Industrial Various Various Various 2,390,648 Sq. Ft. 28 20,000,000 20,000,000 3.0% 17,487,483 N 9/10/2019 11/6/2019 10/6/2022
11.01 Flint UBS AG   4444 West Maple Avenue Flint MI 48507 Industrial Manufacturing 2006   460,000 Sq. Ft.   4,885,496 4,885,496 0.7%          
11.02 Beloit UBS AG   1 Reynolds Drive Beloit WI 53511 Industrial Warehouse 1974 2011 413,903 Sq. Ft.   4,231,189 4,231,189 0.6%          
11.03 DuBois UBS AG   851-891 Beaver Drive DuBois PA 15801 Industrial Warehouse 1961 1988 612,800 Sq. Ft.   4,187,568 4,187,568 0.6%          
11.04 Jefferson UBS AG   351 Collins Road Jefferson WI 53549 Industrial Warehouse 1995   591,840 Sq. Ft.   4,187,568 4,187,568 0.6%          
11.05 Huntsville UBS AG   1000 James Record Road Huntsville AL 35724 Industrial Warehouse 1976 2017 312,105 Sq. Ft.   2,508,179 2,508,179 0.4%          
12 North & Sheffield WFB   938 West North Avenue Chicago IL 60642 Retail Unanchored 1999 2018 31,762 Sq. Ft. 614 19,500,000 19,500,000 2.9% 19,500,000 N 9/27/2019 11/11/2019 10/11/2029
13 Global Payments, Inc. BSPRT   1 Heartland Way Jeffersonville IN 47130 Office Suburban 2006 2011 226,304 Sq. Ft. 129 19,167,000 19,167,000 2.9% 19,167,000 Y 10/15/2019 12/6/2019 11/6/2029
14 Somerset Park at Union AREF   9416 East 65th Street Tulsa OK 74133 Multifamily Garden 1984   424 Units 44,222 18,750,000 18,750,000 2.8% 18,750,000 N 10/22/2019 12/6/2019 11/6/2029
15 NMR Pharmacy Portfolio BSPRT   Various Various Various Various Retail Single Tenant Various Various 153,806 Sq. Ft. 207 17,500,000 17,500,000 2.6% 17,500,000 N 9/27/2019 11/6/2019 10/6/2029
15.01 WAG - Knoxville, TN BSPRT   5320 Clinton Highway Knoxville  TN 37912 Retail Single Tenant 2000   14,112 Sq. Ft.   2,880,896 2,880,896 0.4%          
15.02 WAG - Cincinnati, OH BSPRT   9 West Mitchell Avenue Cincinnati  OH 45217 Retail Single Tenant 2000   14,490 Sq. Ft.   2,066,431 2,066,431 0.3%          
15.03 WAG - Huntington, IN BSPRT   1804 North Jefferson Street Huntington  IN 46750 Retail Single Tenant 2000   15,125 Sq. Ft.   1,736,242 1,736,242 0.3%          
15.04 CVS - Dublin, OH BSPRT   7470 Sawmill Road Dublin  OH 43016 Retail Single Tenant 1999   10,086 Sq. Ft.   1,392,296 1,392,296 0.2%          
15.05 CVS - Ashland, KY BSPRT   1221 Lexington Avenue Ashland  KY 41101 Retail Single Tenant 1999   11,240 Sq. Ft.   1,318,003 1,318,003 0.2%          
15.06 WAG - Akron, OH BSPRT   1130 South Arlington Street Akron  OH 44306 Retail Single Tenant 1994   13,500 Sq. Ft.   1,254,717 1,254,717 0.2%          
15.07 Rite Aid/PNC ATM - Dayton, OH BSPRT   1158 Wilmington Avenue Dayton  OH 45420 Retail Single Tenant 1998   11,180 Sq. Ft.   1,144,654 1,144,654 0.2%          
15.08 CVS - Bristol, VA BSPRT   31 East Valley Drive Bristol  VA 24201 Retail Single Tenant 1999   10,251 Sq. Ft.   1,078,616 1,078,616 0.2%          
15.09 CVS - Bristol, TN BSPRT   3030 West State Street Bristol  TN 37620 Retail Single Tenant 1999   10,200 Sq. Ft.   1,051,101 1,051,101 0.2%          
15.10 CVS - Evans, GA BSPRT   4385 Hereford Farm Road Evans  GA 30809 Retail Single Tenant 1999   10,125 Sq. Ft.   1,034,591 1,034,591 0.2%          
15.11 WAG - Henderson, KY BSPRT   517 North Green Street Henderson  KY 42420 Retail Single Tenant 1996 2013 11,385 Sq. Ft.   905,267 905,267 0.1%          
15.12 CVS - Summerfield, NC BSPRT   4601 US Highway 220 Summerfield  NC 27358 Retail Single Tenant 1999   10,112 Sq. Ft.   899,764 899,764 0.1%          
15.13 Rite Aid - Hermitage, PA BSPRT   1851 East State Street Hermitage  PA 16148 Retail Single Tenant 1951   12,000 Sq. Ft.   737,421 737,421 0.1%          
16 Scripps Ranch Business Park- CA WFB   10060, 10070, 10080, 10090 and 10100 Willow Creek Road San Diego CA 92131 Industrial Flex 1978 2019 94,251 Sq. Ft. 183 17,250,000 17,250,000 2.6% 14,373,192 N 10/4/2019 11/11/2019 10/11/2021
17 Platte Airpark Tech Campus AREF   320-480 Wooten Road Colorado Springs CO 80916 Office Suburban 2001   137,423 Sq. Ft. 120 16,500,000 16,500,000 2.5% 13,404,555 N 10/25/2019 12/6/2019 11/6/2020
18 HIE & Candlewood Suites Portfolio AREF   Various Various Various Various Hospitality Various Various Various 230 Rooms 71,214 16,400,000 16,379,177 2.4% 13,350,502 N 10/18/2019 12/6/2019  
18.01 Holiday Inn Express Grove City Outlet Center     AREF   21 Holiday Boulevard Mercer PA 16137 Hospitality Limited Service 2001 2011 74 Rooms   5,466,667 5,459,726 0.8%          
18.02 Candlewood Suites Grove City Outlet Center    AREF   37 Holiday Boulevard Mercer PA 16137 Hospitality Extended Stay 2015   82 Rooms   5,466,667 5,459,726 0.8%          
18.03 Holiday Inn Express & Suites Wadsworth AREF   231 Park Center Drive Wadsworth OH 44281 Hospitality Limited Service 2000 2011 74 Rooms   5,466,667 5,459,726 0.8%          
19 The Hamptons Apartments AREF   5781 Lake Edwards Drive Virginia Beach VA 23462 Multifamily Garden 1973   212 Units 74,764 15,850,000 15,850,000 2.4% 15,850,000 N 10/9/2019 12/6/2019 11/6/2029
20 Hilton Garden Inn - Ft. Myers WFB   12600 University Drive Fort Myers FL 33907 Hospitality Select Service 2001 2015 126 Rooms 112,796 14,250,000 14,212,353 2.1% 11,422,369 N 9/19/2019 11/11/2019  
21 Washington Avenue Portfolio AREF   Various Houston TX Various Various Various Various Various 125,024 Sq. Ft. 312 13,000,000 13,000,000 1.9% 13,000,000 N 10/4/2019 11/6/2019 10/6/2029
21.01 Washington Avenue Properties AREF   5002, 5023, 5101, 5102, 5219, 5316, 5317, 5334, and 5335 Washington Avenue Houston TX 77007 Mixed Use Retail/Office 1940 2019 55,139 Sq. Ft.   10,790,032 10,790,032 1.6%          
21.02 319 Saint Emanuel AREF   319 Saint Emanuel Street Houston TX 77002 Industrial Warehouse Distribution 1951 2016 56,250 Sq. Ft.   2,069,823 2,069,823 0.3%          
21.03 16210 Clay AREF   16210 Clay Road Houston TX 77084 Industrial Flex 1982 1992 13,635 Sq. Ft.   140,144 140,144 0.0%          
22 River Club AREF   1010 North Black River Drive Holland Township MI 49424 Multifamily Garden 2002   145 Units 89,655 13,000,000 13,000,000 1.9% 13,000,000 N 10/25/2019 12/6/2019 11/6/2029
23 Best Western Premier NYC Gateway RMF   2650 Paterson Plank Road North Bergen NJ 07047 Hospitality Select Service 2017   102 Rooms 119,441 12,200,000 12,182,979 1.8% 9,754,363 N 10/17/2019 12/6/2019  
24 Helena & Tillamook Apartment Portfolio WFB   Various Portland OR Various Multifamily Mid Rise Various   69 Units 159,420 11,000,000 11,000,000 1.6% 11,000,000 N 9/25/2019 11/11/2019 10/11/2029
24.01 Helena Apartments WFB   1475 Southeast 14th Avenue Portland OR 97214 Multifamily Mid Rise 2018   39 Units   6,565,000 6,565,000 1.0%          
24.02 Tillamook Street Apartments WFB   2025 Northeast 42nd Avenue Portland OR 97213 Multifamily Mid Rise 2019   30 Units   4,435,000 4,435,000 0.7%          
25 Hilltop Shopping Center WFB   1070, 1120, 1140 & 1160 Hilltop Drive Redding CA 96003 Retail Anchored 2002   89,595 Sq. Ft. 117 10,481,250 10,481,250 1.6% 10,481,250 N 9/4/2019 10/11/2019 9/11/2029
26 Westbrook Office Park III RMF   8050 Marshall Drive Lenexa KS 66214 Office Suburban 2001   98,507 Sq. Ft. 102 10,000,000 10,000,000 1.5% 8,896,789 N 10/15/2019 12/6/2019 11/6/2023
27 Westlake Village I & II UBS AG   2000 and 2030 35th Avenue Greeley CO 80634 Retail Anchored 1992 2019 164,043 Sq. Ft. 61 10,000,000 9,984,457 1.5% 7,819,080 N 10/23/2019 12/6/2019  
28 Morse Road Portfolio UBS AG   Various Columbus OH 43229 Retail Various Various Various 110,362 Sq. Ft. 82 9,050,000 9,050,000 1.4% 7,469,388 N 10/1/2019 11/6/2019 10/6/2020
28.01 Morse Plaza UBS AG   1690 Morse Road Columbus OH 43229 Retail Anchored 1967 1981 96,624 Sq. Ft.   6,275,000 6,275,000 0.9%          
28.02 1607-1635 Morse Road UBS AG   1607-1635 Morse Road Columbus OH 43229 Retail Shadow Anchored 2018   13,738 Sq. Ft.   2,775,000 2,775,000 0.4%          
29 SPS Vacaville II WFB   2400 East Monte Vista Avenue Vacaville CA 95688 Self Storage Self Storage 2016   81,833 Sq. Ft. 106 8,700,000 8,700,000 1.3% 7,288,659 N 10/1/2019 11/11/2019 10/11/2021
30 Campus Edge Apartments AREF   1400 Gainesboro Grade Cookeville TN 38501 Multifamily Student Housing 2017   288 Units 28,819 8,300,000 8,300,000 1.2% 8,300,000 N 10/23/2019 12/6/2019 11/6/2029
31 Number 10 Main Apartments AREF   10 South Main Street Memphis TN 38103 Multifamily High Rise 1908 2016 112 Units 71,429 8,000,000 8,000,000 1.2% 8,000,000 N 10/18/2019 12/6/2019 11/6/2029
32 Virginia Varsity Self Storage WFB   2031 & 2085 Apperson Drive Salem VA 24153 Self Storage Self Storage 2001   67,505 Sq. Ft. 119 8,000,000 8,000,000 1.2% 6,928,788 N 9/24/2019 11/11/2019 10/11/2022
33 Renaissance Square RMF   564 - 646 South Main Street Cedar City UT 84720 Retail Anchored 1959 1996 79,595 Sq. Ft. 93 7,400,000 7,400,000 1.1% 6,483,590 N 10/21/2019 12/6/2019 11/6/2022
34 Shoppes of Cooper City BSPRT   12109 Sheridan Street Cooper City FL 33026 Retail Unanchored 1987   35,129 Sq. Ft. 198 6,950,000 6,950,000 1.0% 5,879,109 N 10/22/2019 12/6/2019 11/6/2021
35 Mountain View & Evergreen MHC Portfolio RMF   Various Colorado Springs CO 80907 Manufactured Housing Community Manufactured Housing Community Various   181 Pads 35,912 6,500,000 6,500,000 1.0% 5,595,140 N 10/15/2019 12/6/2019 11/6/2021
35.01 Mountain View Estates MHC RMF   3100 Wood Avenue Colorado Springs CO 80907 Manufactured Housing Community Manufactured Housing Community 1959   142 Pads   4,899,334 4,899,334 0.7%          
35.02 Evergreen Park MHC RMF   3000 North Cascade Avenue Colorado Springs CO 80907 Manufactured Housing Community Manufactured Housing Community 1962   39 Pads   1,600,666 1,600,666 0.2%          
36 Laurel Bay AREF   2400 Fifth Avenue San Diego CA 92101 Mixed Use Retail/Office 2003   17,660 Sq. Ft. 362 6,400,000 6,400,000 1.0% 6,400,000 N 10/17/2019 12/6/2019 11/6/2029
37 Apollo Point UBS AG   19 Cub Circle Bloomsburg PA 17815 Multifamily Garden 2018   48 Units 129,864 6,250,000 6,233,488 0.9% 5,009,811 N 9/13/2019 11/6/2019  
38 Toledo Shopping Center BSPRT   7147-7205 Southwest 8th Street Miami FL 33144 Mixed Use Retail/Office 1975   36,000 Sq. Ft. 151 5,450,000 5,450,000 0.8% 5,450,000 N 10/21/2019 12/6/2019 11/6/2029
39 Beacon Center Office Park BSPRT   529-651 Beacon Parkway Birmingham AL 35209 Office Suburban 1982 2019 111,545 Sq. Ft. 45 5,075,000 5,055,940 0.8% 3,661,013 N 9/19/2019 11/6/2019  
40 CIRE Equity Retail & Industrial Portfolio UBS AG   Various Various Various Various Various Various Various Various 1,190,355 Sq. Ft. 108 5,000,000 5,000,000 0.7% 5,000,000 N 5/9/2019 7/6/2019 6/6/2029
40.01 Wood Village Town Center UBS AG   22557 Park Lane Wood Village OR 97060 Retail Anchored 2006   137,105 Sq. Ft.   824,016 824,016 0.1%          
40.02 Pecan Promenade UBS AG   2735-2755 South 99th Avenue; 9820-9870 West Lower Buckeye Road Tolleson AZ 85353 Retail Anchored 2006   141,485 Sq. Ft.   765,990 765,990 0.1%          
40.03 Valley Plaza UBS AG   3115 South McClintock Drive Tempe AZ 85282 Retail Anchored 1991   146,226 Sq. Ft.   696,836 696,836 0.1%          
40.04 Pear Tree UBS AG   504 East Perkins Street Ukiah CA 95482 Retail Anchored 1977 1998 197,437 Sq. Ft.   649,144 649,144 0.1%          
40.05 Glendale Market Square UBS AG   5840, 5870, 5880, 5890 West Bell Road; 17045 North 59th Avenue Glendale AZ 85308 Retail Anchored 1988   185,907 Sq. Ft.   614,700 614,700 0.1%          
40.06 Central Park Shopping Center UBS AG   7425-7719 East Iliff Avenue; 2150 South Quebec Street Unincorporated Arapahoe CO 80231 Retail Anchored 1986   147,563 Sq. Ft.   559,059 559,059 0.1%          
40.07 Val Vista Towne Center UBS AG   1395-1505 East Warner Road Gilbert AZ 85296 Retail Anchored 2000   93,352 Sq. Ft.   492,820 492,820 0.1%          
40.08 2641 Hall Ave - Riverside, CA UBS AG   2641 Hall Avenue Riverside CA 92509 Industrial Warehouse 1987   34,982 Sq. Ft.   145,451 145,451 0.0%          
40.09 606 W Troy - Indianapolis, IN UBS AG   606 West Troy Avenue Indianapolis IN 46225 Industrial Warehouse 1967 1989 22,860 Sq. Ft.   108,632 108,632 0.0%          
40.10 Homeland - Bartow, FL UBS AG   5700 US Highway 17 South Bartow FL 33830 Industrial Warehouse 1983   67,438 Sq. Ft.   76,837 76,837 0.0%          
40.11 2621 Hall Ave - Riverside, CA UBS AG   2621 Hall Avenue Riverside CA 92509 Industrial Warehouse 1990   16,000 Sq. Ft.   66,515 66,515 0.0%          
41 Security Public Storage - Baltimore WFB   3500 Pulaski Highway Baltimore MD 21224 Self Storage Self Storage 1959 2013 86,764 Sq. Ft. 52 4,500,000 4,500,000 0.7% 3,869,337 N 10/1/2019 11/11/2019 10/11/2022
42 Comfort Suites at The University UBS AG   2480 US Highway 501 East Conway SC 29526 Hospitality Limited Service 1999   78 Rooms 57,533 4,500,000 4,487,561 0.7% 3,577,567 N 10/4/2019 11/6/2019  
43 Batavia Self Storage RMF   190 Batavia Lane Kalispell MT 59901 Self Storage Self Storage 1984   90,190 Sq. Ft. 42 3,800,000 3,793,267 0.6% 2,803,578 N 10/18/2019 12/6/2019  
44 Bent Palms Apartments RMF   16540 Bent Palms Cove Fort Myers FL 33908 Multifamily Garden 2016   27 Units 138,889 3,750,000 3,750,000 0.6% 3,162,446 N 10/17/2019 12/6/2019 11/6/2021

 

 A-1-1

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name First P&I Pay Date(4) Maturity Date or Anticipated Repayment Date(4) ARD Loan Maturity Date(4) Gross Mortgage Rate Trust Advisor Fee Certificate Administrator Fee Rate Servicing Fee CREFC® IP Royalty License Fee Rate Asset Representations Reviewer Fee Rate Net Mortgage Rate Interest Accrual Method Monthly P&I Payment ($)(4) Amortization Type Interest Accrual Method During IO Original Term to Maturity or ARD (Mos.) Remaining Term to Maturity or ARD (Mos.) Original IO
Period (Mos.)
Remaining IO
Period (Mos.)
Original Amort Term (Mos.) Remaining Amort Term (Mos.) Seasoning Prepayment Provisions(5)
1 Continental Park - Rosecrans Douglas   11/6/2029   3.34000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.32130% Actual/360 155,634.72 Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(23),GRTR 1% or YM(90),O(7)
2 West Bountiful Commons   11/6/2029   3.84000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.82130% Actual/360 113,053.33 Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4)
3 Torrey Ridge Apartments 11/11/2021 10/11/2029   4.07000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.05130% Actual/360 156,474.40 Interest-only, Amortizing Balloon Actual/360 120 118 24 22 360 360 2 L(26),D(90),O(4)
4 74 Kent Street & 11-20 46th Road   11/6/2029   4.31000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.29130% Actual/360 111,371.60 Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4)
4.01 74 Kent Street                                            
4.02 11-20 46th Road                                            
5 77 Clinton Avenue   11/6/2029   3.85000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.83130% Actual/360 99,158.89 Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4)
6 Takoma Metro Center   10/6/2029   3.79000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.77130% Actual/360 88,622.83 Interest-only, Balloon Actual/360 120 118 120 118 0 0 2 L(26),D(89),O(5)
7 The Tower at Burbank   8/11/2029   3.13000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.11130% Actual/360 66,295.14 Interest-only, Balloon Actual/360 120 116 120 116 0 0 4 GRTR 0.5% or YM(28),GRTR 0.5% or YM or D(85),O(7)
8 Planet Self Storage Portfolio   10/6/2024   3.17500% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.15630% Actual/360 67,248.26 Interest-only, Balloon Actual/360 60 58 60 58 0 0 2 L(26),D(30),O(4)
8.01 Prime Storage - Somerville                                            
8.02 Prime Storage - Newington                                            
8.03 Prime Storage - Washington                                            
8.04 Prime Storage - Brookfield                                            
8.05 Prime Storage - Quakertown                                            
8.06 Prime Storage - Hyde Park                                            
8.07 Prime Storage - Phillipsburg                                            
8.08 Prime Storage - New Milford                                            
8.09 Prime Storage - Fairless Hills                                            
8.10 Prime Storage - Clinton                                            
8.11 Prime Storage - Lindenwold                                            
9 The District at Tuttle   10/6/2029   4.28333% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.26463% Actual/360 87,094.38 Interest-only, Balloon Actual/360 120 118 120 118 0 0 2 L(26),D(90),O(4)
10 730 Arizona Avenue   9/11/2029   3.97000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.95130% Actual/360 76,518.99 Interest-only, Balloon Actual/360 120 117 120 117 0 0 3 L(27),D(89),O(4)
11 Phoenix Industrial Portfolio II 11/6/2022 10/6/2029   4.45000% 0.00193% 0.01090% 0.00375% 0.00050% 0.00037% 4.43255% Actual/360 100,743.75 Interest-only, Amortizing Balloon Actual/360 120 118 36 34 360 360 2 L(26),D(88),O(6)
11.01 Flint                                            
11.02 Beloit                                            
11.03 DuBois                                            
11.04 Jefferson                                            
11.05 Huntsville                                            
12 North & Sheffield   10/11/2029   3.60000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.58130% Actual/360 59,475.00 Interest-only, Balloon Actual/360 120 118 120 118 0 0 2 L(26),D(90),O(4)
13 Global Payments, Inc.   11/6/2029 11/6/2034 3.85000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.83130% Actual/360 62,519.03 Interest-only, ARD Actual/360 120 119 120 119 0 0 1 YM(25),YM or D(91),O(4)
14 Somerset Park at Union   11/6/2029   3.81000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.79130% Actual/360 60,523.44 Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4)
15 NMR Pharmacy Portfolio   10/6/2029   4.31600% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.29730% Actual/360 63,990.69 Interest-only, Balloon Actual/360 120 118 120 118 0 0 2 L(26),D(90),O(4)
15.01 WAG - Knoxville, TN                                            
15.02 WAG - Cincinnati, OH                                            
15.03 WAG - Huntington, IN                                            
15.04 CVS - Dublin, OH                                            
15.05 CVS - Ashland, KY                                            
15.06 WAG - Akron, OH                                            
15.07 Rite Aid/PNC ATM - Dayton, OH                                            
15.08 CVS - Bristol, VA                                            
15.09 CVS - Bristol, TN                                            
15.10 CVS - Evans, GA                                            
15.11 WAG - Henderson, KY                                            
15.12 CVS - Summerfield, NC                                            
15.13 Rite Aid - Hermitage, PA                                            
16 Scripps Ranch Business Park- CA 11/11/2021 10/11/2029   3.62000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.60130% Actual/360 78,620.31 Interest-only, Amortizing Balloon Actual/360 120 118 24 22 360 360 2 L(26),GRTR 1% or YM or D(87),O(7)
17 Platte Airpark Tech Campus 12/6/2020 11/6/2029   3.75900% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.74030% Actual/360 76,498.36 Interest-only, Amortizing Balloon Actual/360 120 119 12 11 360 360 1 L(25),D(91),O(4)
18 HIE & Candlewood Suites Portfolio 12/6/2019 11/6/2029   4.70000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.68130% Actual/360 85,056.60 Amortizing Balloon   120 119 0 0 360 359 1 L(25),D(92),O(3)
18.01 Holiday Inn Express Grove City Outlet Center                                                
18.02 Candlewood Suites Grove City Outlet Center                                               
18.03 Holiday Inn Express & Suites Wadsworth                                            
19 The Hamptons Apartments   11/6/2029   4.03000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.01130% Actual/360 54,116.74 Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4)
20 Hilton Garden Inn - Ft. Myers 11/11/2019 10/11/2029   4.25000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.23130% Actual/360 70,101.43 Amortizing Balloon   120 118 0 0 360 358 2 L(26),D(90),O(4)
21 Washington Avenue Portfolio   10/6/2029   3.40000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.38130% Actual/360 37,447.22 Interest-only, Balloon Actual/360 120 118 120 118 0 0 2 L(26),D(90),O(4)
21.01 Washington Avenue Properties                                            
21.02 319 Saint Emanuel                                            
21.03 16210 Clay                                            
22 River Club   11/6/2029   3.38000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.36130% Actual/360 37,226.94 Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4)
23 Best Western Premier NYC Gateway 12/6/2019 11/6/2029   4.18000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.16130% Actual/360 59,517.77 Amortizing Balloon   120 119 0 0 360 359 1 L(25),D(91),O(4)
24 Helena & Tillamook Apartment Portfolio   10/11/2029   3.44000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.42130% Actual/360 32,058.89 Interest-only, Balloon Actual/360 120 118 120 118 0 0 2 L(26),D(90),O(4)
24.01 Helena Apartments                                            
24.02 Tillamook Street Apartments                                            
25 Hilltop Shopping Center   9/11/2029   3.34000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.32130% Actual/360 29,659.03 Interest-only, Balloon Actual/360 120 117 120 117 0 0 3 L(27),D(86),O(7)
26 Westbrook Office Park III 12/6/2023 11/6/2029   4.16000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.14130% Actual/360 48,668.54 Interest-only, Amortizing Balloon Actual/360 120 119 48 47 360 360 1 L(25),D(91),O(4)
27 Westlake Village I & II 12/6/2019 11/6/2029   3.57100% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.55230% Actual/360 45,301.73 Amortizing Balloon   120 119 0 0 360 359 1 L(25),D(91),O(4)
28 Morse Road Portfolio 11/6/2020 10/6/2029   4.25000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.23130% Actual/360 44,520.56 Interest-only, Amortizing Balloon Actual/360 120 118 12 10 360 360 2 L(26),D(90),O(4)
28.01 Morse Plaza                                            
28.02 1607-1635 Morse Road                                            
29 SPS Vacaville II 11/11/2021 10/11/2029   3.80700% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.78830% Actual/360 40,572.97 Interest-only, Amortizing Balloon Actual/360 120 118 24 22 360 360 2 L(26),GRTR 1% or YM or D(87),O(7)
30 Campus Edge Apartments   11/6/2029   3.62500% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.60630% Actual/360 25,490.80 Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4)
31 Number 10 Main Apartments   11/6/2029   4.91000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.89130% Actual/360 33,278.89 Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(92),O(3)
32 Virginia Varsity Self Storage 11/11/2022 10/11/2029   4.05000% 0.00193% 0.01090% 0.06250% 0.00050% 0.00037% 3.97380% Actual/360 38,424.19 Interest-only, Amortizing Balloon Actual/360 120 118 36 34 360 360 2 L(26),D(90),O(4)
33 Renaissance Square 12/6/2022 11/6/2029   4.54000% 0.00193% 0.01090% 0.05250% 0.00050% 0.00037% 4.47380% Actual/360 37,670.79 Interest-only, Amortizing Balloon Actual/360 120 119 36 35 360 360 1 L(24),GRTR 1% or YM(92),O(4)
34 Shoppes of Cooper City 12/6/2021 11/6/2029   4.15000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.13130% Actual/360 33,784.18 Interest-only, Amortizing Balloon Actual/360 120 119 24 23 360 360 1 L(25),D(91),O(4)
35 Mountain View & Evergreen MHC Portfolio 12/6/2021 11/6/2029   4.80000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.78130% Actual/360 34,103.25 Interest-only, Amortizing Balloon Actual/360 120 119 24 23 360 360 1 L(25),D(91),O(4)
35.01 Mountain View Estates MHC                                            
35.02 Evergreen Park MHC                                            
36 Laurel Bay   11/6/2029   4.40000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.38130% Actual/360 23,857.78 Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4)
37 Apollo Point 11/6/2019 10/6/2029   4.25000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.23130% Actual/360 30,746.24 Amortizing Balloon   120 118 0 0 360 358 2 L(26),D(90),O(4)
38 Toledo Shopping Center   11/6/2029   4.55000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.53130% Actual/360 21,008.99 Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(1),GRTR 1% or YM(115),O(4)
39 Beacon Center Office Park 11/6/2019 10/6/2029   4.05000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.03130% Actual/360 26,928.03 Amortizing Balloon   120 118 0 0 300 298 2 L(26),D(90),O(4)
40 CIRE Equity Retail & Industrial Portfolio   6/6/2029   4.13900% 0.00193% 0.01090% 0.01145% 0.00050% 0.00037% 4.11385% Actual/360 17,533.26 Interest-only, Balloon Actual/360 120 114 120 114 0 0 6 L(24),GRTR 1% or YM(89),O(7)
40.01 Wood Village Town Center                                            
40.02 Pecan Promenade                                            
40.03 Valley Plaza                                            
40.04 Pear Tree                                            
40.05 Glendale Market Square                                            
40.06 Central Park Shopping Center                                            
40.07 Val Vista Towne Center                                            
40.08 2641 Hall Ave - Riverside, CA                                            
40.09 606 W Troy - Indianapolis, IN                                            
40.10 Homeland - Bartow, FL                                            
40.11 2621 Hall Ave - Riverside, CA                                            
41 Security Public Storage - Baltimore 11/11/2022 10/11/2029   3.75700% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 3.73830% Actual/360 20,858.08 Interest-only, Amortizing Balloon Actual/360 120 118 36 34 360 360 2 L(26),GRTR 1% or YM or D(87),O(7)
42 Comfort Suites at The University 11/6/2019 10/6/2029   4.02000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.00130% Actual/360 21,535.61 Amortizing Balloon   120 118 0 0 360 358 2 L(26),D(90),O(4)
43 Batavia Self Storage 12/6/2019 11/6/2029   4.63800% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.61930% Actual/360 21,420.39 Amortizing Balloon   120 119 0 0 300 299 1 L(25),D(91),O(4)
44 Bent Palms Apartments 12/6/2021 11/6/2029   4.04000% 0.00193% 0.01090% 0.00500% 0.00050% 0.00037% 4.02130% Actual/360 17,989.66 Interest-only, Amortizing Balloon Actual/360 120 119 24 23 360 360 1 L(25),D(91),O(4)

 

 A-1-2

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name Grace Period Default (Days)(8) Grace Period Late (Days) Appraised Value ($)(6) Appraisal Date Coop -Rental Value  Coop - LTV as Rental Coop - Unsold Percent  Coop - Sponsor Units  Coop - Investor Units  Coop - Units Coop - Sponsor Carry Coop - Committed Secondary Debt U/W NOI
DSCR (x)(3)(7)
U/W NCF
DSCR (x)(3)(7)
Cut-off Date LTV Ratio(3)(6)(7) LTV Ratio at Maturity or ARD(3)(6)(7) Cut-off Date U/W NOI Debt Yield(3)(7) Cut-off Date U/W NCF Debt Yield(3)(7) U/W
Revenues ($)
U/W
Expenses ($)
U/W Net Operating Income ($) U/W
Replacement ($)
U/W
TI/LC ($)
U/W
Net Cash Flow ($)
Occupancy Rate(9) Occupancy as-of Date
1 Continental Park - Rosecrans Douglas 0 0 104,000,000 9/15/2019                 3.19 3.06 52.9% 52.9% 10.8% 10.4% 7,523,684 1,563,060 5,960,625 41,202 206,012 5,713,410 100.0% 9/9/2019
2 West Bountiful Commons 0 0 53,700,000 9/20/2019                 2.52 2.40 64.7% 64.7% 9.8% 9.4% 3,968,218 549,945 3,418,273 28,402 127,989 3,261,882 99.2% 9/12/2019
3 Torrey Ridge Apartments 0 0 47,500,000 8/20/2019                 1.60 1.54 68.4% 57.8% 9.2% 8.9% 5,046,608 2,042,395 3,004,213 107,328 0 2,896,885 93.8% 9/27/2019
4 74 Kent Street & 11-20 46th Road 0, 5 days grace once every 12 months 0 49,000,000 Various                 2.00 1.94 62.2% 62.2% 8.7% 8.5% 3,134,675 467,984 2,666,691 13,294 66,470 2,586,927 100.0% 10/1/2019
4.01 74 Kent Street     24,700,000 7/16/2019                             1,640,000 237,261 1,402,739 6,349 31,745 1,364,645 100.0% 10/1/2019
4.02 11-20 46th Road     24,300,000 12/1/2019                             1,494,675 230,723 1,263,952 6,945 34,725 1,222,282 100.0% 10/1/2019
5 77 Clinton Avenue 5 0 56,000,000 10/1/2020                 2.28 2.19 54.3% 54.3% 8.9% 8.6% 3,251,375 538,386 2,712,989 25,400 87,000 2,600,589 100.0% 12/1/2019
6 Takoma Metro Center 0 5 39,600,000 8/27/2019                 2.51 2.33 69.7% 69.7% 9.7% 9.0% 3,998,690 1,325,867 2,672,824 39,621 158,486 2,474,717 91.3% 8/23/2019
7 The Tower at Burbank 0 0 314,000,000 6/24/2019                 3.16 3.06 62.1% 62.1% 10.0% 9.7% 26,246,146 6,650,351 19,595,795 98,161 490,807 19,006,826 97.3% 7/1/2019
8 Planet Self Storage Portfolio 0 0 104,250,000 Various                 2.45 2.42 67.1% 67.1% 7.9% 7.8% 8,246,557 2,709,614 5,536,943 64,001 0 5,472,942 85.2% 8/31/2019
8.01 Prime Storage - Somerville     12,170,000 8/30/2019                             971,690 284,784 686,906 7,219 0 679,687 89.7% 8/31/2019
8.02 Prime Storage - Newington     12,440,000 8/28/2019                             923,532 308,261 615,271 8,793 0 606,479 80.5% 8/31/2019
8.03 Prime Storage - Washington     10,790,000 8/24/2019                             959,980 250,447 709,533 6,345 0 703,188 95.2% 8/31/2019
8.04 Prime Storage - Brookfield     9,090,000 8/28/2019                             820,132 302,550 517,582 6,135 0 511,447 82.0% 8/31/2019
8.05 Prime Storage - Quakertown     9,190,000 8/28/2019                             801,045 264,368 536,678 6,745 0 529,933 79.7% 8/31/2019
8.06 Prime Storage - Hyde Park     9,250,000 8/30/2019                             700,235 240,680 459,556 2,750 0 456,806 78.6% 8/31/2019
8.07 Prime Storage - Phillipsburg     7,040,000 8/24/2019                             638,378 212,173 426,205 7,304 0 418,902 88.4% 8/31/2019
8.08 Prime Storage - New Milford     7,040,000 8/28/2019                             636,828 212,508 424,320 4,105 0 420,215 83.0% 8/31/2019
8.09 Prime Storage - Fairless Hills     6,790,000 8/28/2019                             625,804 202,862 422,942 4,221 0 418,721 91.7% 8/31/2019
8.10 Prime Storage - Clinton     6,490,000 8/24/2019                             554,958 177,843 377,115 3,554 0 373,561 91.3% 8/31/2019
8.11 Prime Storage - Lindenwold     6,060,000 8/29/2019                             613,973 253,139 360,834 6,831 0 354,004 81.2% 8/31/2019
9 The District at Tuttle 0 0 37,100,000 8/5/2019                 1.82 1.78 64.7% 64.7% 7.9% 7.7% 3,184,800 1,281,433 1,903,367 45,600 0 1,857,767 95.2% 9/9/2019
10 730 Arizona Avenue 0 0 38,000,000 7/9/2019                 2.21 2.13 59.9% 59.9% 8.9% 8.6% 2,653,534 623,222 2,030,312 2,882 72,056 1,955,375 100.0% 12/1/2019
11 Phoenix Industrial Portfolio II 0 0 91,700,000 Various                 1.63 1.41 74.2% 64.8% 9.8% 8.5% 9,131,734 2,447,004 6,684,731 359,446 513,774 5,811,511 93.8% Various
11.01 Flint     22,400,000 8/8/2019                             2,526,240 410,208 2,116,032 129,298 120,119 1,866,615 100.0% 12/1/2019
11.02 Beloit     19,400,000 8/12/2019                             1,689,683 921,780 767,903 35,351 79,199 653,354 67.0% 9/6/2019
11.03 DuBois     19,200,000 8/16/2019                             1,987,794 534,766 1,453,028 42,896 129,572 1,280,560 100.0% 12/1/2019
11.04 Jefferson     19,200,000 8/12/2019                             1,632,426 245,814 1,386,611 121,272 117,899 1,147,440 100.0% 12/1/2019
11.05 Huntsville     11,500,000 8/19/2019                             1,295,591 334,435 961,156 30,628 66,985 863,543 95.9% 9/6/2019
12 North & Sheffield 0 0 33,200,000 8/15/2019                 2.32 2.22 58.7% 58.7% 8.5% 8.1% 2,447,912 794,113 1,653,798 6,352 63,524 1,583,922 100.0% 9/24/2019
13 Global Payments, Inc. 5 0 42,000,000 8/29/2019                 2.23 2.23 69.4% 69.4% 8.7% 8.7% 2,619,544 78,586 2,540,957 0 0 2,540,957 100.0% 12/1/2019
14 Somerset Park at Union 0 0 27,000,000 8/29/2019                 2.32 2.16 63.9% 63.9% 9.0% 8.4% 3,398,105 1,845,705 1,552,400 106,000 0 1,446,400 95.8% 10/18/2019
15 NMR Pharmacy Portfolio 0 0 50,700,000 8/29/2019                 2.02 1.96 62.7% 62.7% 8.9% 8.6% 2,931,161 113,838 2,817,323 19,238 66,295 2,731,790 100.0% 12/1/2019
15.01 WAG - Knoxville, TN     7,825,000 8/19/2019                             518,420 20,022 498,398 0 0 498,398 100.0% 12/1/2019
15.02 WAG - Cincinnati, OH     5,600,000 8/13/2019                             346,750 13,596 333,154 4,205 14,490 314,460 100.0% 12/1/2019
15.03 WAG - Huntington, IN     4,560,000 8/19/2019                             303,525 11,901 291,624 4,389 15,125 272,110 100.0% 12/1/2019
15.04 CVS - Dublin, OH     3,910,000 4/17/2019                             201,410 7,779 193,631 0 0 193,631 100.0% 12/1/2019
15.05 CVS - Ashland, KY     3,700,000 4/22/2019                             197,776 7,638 190,138 0 0 190,138 100.0% 12/1/2019
15.06 WAG - Akron, OH     3,400,000 8/20/2019                             214,180 8,398 205,783 3,917 13,500 188,365 100.0% 12/1/2019
15.07 Rite Aid/PNC ATM - Dayton, OH     2,950,000 4/17/2019                             245,278 9,513 235,764 3,244 11,180 221,340 100.0% 12/1/2019
15.08 CVS - Bristol, VA     2,875,000 4/11/2019                             155,582 6,009 149,573 0 0 149,573 100.0% 12/1/2019
15.09 CVS - Bristol, TN     2,950,000 4/11/2019                             159,330 6,153 153,177 0 0 153,177 100.0% 12/1/2019
15.10 CVS - Evans, GA     2,900,000 4/17/2019                             154,962 5,985 148,977 0 0 148,977 100.0% 12/1/2019
15.11 WAG - Henderson, KY     2,450,000 8/16/2019                             156,800 6,056 150,744 0 0 150,744 100.0% 12/1/2019
15.12 CVS - Summerfield, NC     2,525,000 4/16/2019                             129,747 5,011 124,736 0 0 124,736 100.0% 12/1/2019
15.13 Rite Aid - Hermitage, PA     2,000,000 4/18/2019                             147,402 5,779 141,623 3,482 12,000 126,140 100.0% 12/1/2019
16 Scripps Ranch Business Park- CA 0 0 23,500,000 8/26/2019                 1.69 1.59 73.4% 61.2% 9.2% 8.7% 2,194,135 602,151 1,591,984 15,080 77,874 1,499,030 100.0% 10/1/2019
17 Platte Airpark Tech Campus 0 0 23,580,000 9/20/2019                 2.16 2.05 70.0% 56.8% 12.0% 11.4% 2,675,145 694,586 1,980,559 27,485 72,423 1,880,652 100.0% 10/31/2019
18 HIE & Candlewood Suites Portfolio 0 0 28,300,000 Various                 2.02 1.79 57.9% 47.2% 12.6% 11.2% 5,777,620 3,714,725 2,062,895 231,105 0 1,831,791 64.6% 7/31/2019
18.01 Holiday Inn Express Grove City Outlet Center         10,500,000 7/1/2020                             2,010,563 1,414,017 596,546 80,423 0 516,124 68.5% 7/31/2019
18.02 Candlewood Suites Grove City Outlet Center        9,000,000 7/1/2019                             1,583,602 885,156 698,446 63,344 0 635,102 57.5% 7/31/2019
18.03 Holiday Inn Express & Suites Wadsworth     8,800,000 7/1/2020                             2,183,455 1,415,552 767,903 87,338 0 680,565 68.5% 7/31/2019
19 The Hamptons Apartments 0 0 19,300,000 9/17/2019                 2.22 2.13 74.5% 74.5% 9.1% 8.7% 2,328,876 1,023,003 1,305,873 53,000 0 1,252,873 92.0% 9/8/2019
20 Hilton Garden Inn - Ft. Myers 0 0 22,000,000 7/10/2020                 2.23 1.98 64.6% 51.9% 13.2% 11.7% 5,302,467 3,422,411 1,880,056 212,099 0 1,667,957 77.0% 7/31/2019
21 Washington Avenue Portfolio 0 0 60,295,000 Various                 3.03 2.94 64.7% 64.7% 10.5% 10.2% 5,394,081 1,307,106 4,086,975 18,754 100,000 3,968,222 100.0% Various
21.01 Washington Avenue Properties     50,045,000 Various                             4,146,381 955,147 3,191,234 8,271 44,103 3,138,860 100.0% 9/18/2019
21.02 319 Saint Emanuel     9,600,000 9/4/2019                             1,176,450 334,009 842,441 8,438 44,991 789,012 100.0% 12/1/2019
21.03 16210 Clay     650,000 9/4/2019                             71,250 17,950 53,300 2,045 10,906 40,349 100.0% 12/1/2019
22 River Club 0 0 19,850,000 9/11/2019                 2.98 2.88 65.5% 65.5% 10.2% 9.9% 1,971,103 639,826 1,331,278 42,891 0 1,288,387 95.2% 10/4/2019
23 Best Western Premier NYC Gateway 0 0 19,600,000 9/26/2019                 2.31 2.08 62.2% 49.8% 13.5% 12.2% 4,059,190 2,410,679 1,648,511 162,368 0 1,486,144 68.6% 8/31/2019
24 Helena & Tillamook Apartment Portfolio 0 0 18,500,000 8/21/2019                 2.42 2.37 59.5% 59.5% 8.5% 8.3% 1,265,248 334,406 930,841 17,750 2,348 910,743 98.6% 8/16/2019
24.01 Helena Apartments     10,890,000 8/21/2019                             746,405 193,240 553,165 10,000 2,108 541,057 97.4% 8/16/2019
24.02 Tillamook Street Apartments     7,610,000 8/21/2019                             518,843 141,167 377,676 7,750 241 369,686 100.0% 8/16/2019
25 Hilltop Shopping Center 0 5 16,290,000 8/1/2019                 3.72 3.52 64.3% 64.3% 12.6% 12.0% 1,630,679 305,419 1,325,260 17,919 53,639 1,253,701 100.0% 9/1/2019
26 Westbrook Office Park III 0 0 15,300,000 8/29/2019                 2.08 1.91 65.4% 58.1% 12.1% 11.1% 2,219,671 1,007,688 1,211,983 19,701 78,806 1,113,476 100.0% 9/30/2019
27 Westlake Village I & II 0 0 28,900,000 9/13/2019                 3.36 3.09 34.5% 27.1% 18.3% 16.8% 2,956,344 1,128,219 1,828,124 24,606 122,035 1,681,483 100.0% 10/16/2019
28 Morse Road Portfolio 0 0 12,600,000 Various                 1.75 1.61 71.8% 59.3% 10.3% 9.5% 1,241,367 306,418 934,949 16,554 59,189 859,206 100.0% 9/1/2019
28.01 Morse Plaza     8,600,000 7/1/2019                             886,311 227,323 658,988 14,494 46,840 597,654 100.0% 9/1/2019
28.02 1607-1635 Morse Road     4,000,000 8/19/2019                             355,057 79,095 275,961 2,061 12,349 261,552 100.0% 9/1/2019
29 SPS Vacaville II 0 0 12,500,000 8/23/2019                 1.58 1.56 69.6% 58.3% 8.8% 8.7% 1,125,458 358,260 767,198 8,183 0 759,015 95.9% 8/20/2019
30 Campus Edge Apartments 0 0 17,800,000 10/1/2019                 3.30 3.20 46.6% 46.6% 12.2% 11.8% 1,826,948 817,847 1,009,100 28,800 0 980,300 98.3% 9/30/2019
31 Number 10 Main Apartments 0 0 13,000,000 8/13/2019                 2.18 2.11 61.5% 61.5% 10.9% 10.5% 1,753,346 883,740 869,605 28,000 0 841,605 96.4% 9/30/2019
32 Virginia Varsity Self Storage 0 0 11,400,000 8/9/2019                 1.61 1.60 70.2% 60.8% 9.3% 9.2% 958,679 215,104 743,575 6,613 0 736,962 95.2% 8/15/2019
33 Renaissance Square 0 0 10,600,000 9/21/2019                 1.64 1.46 69.8% 61.2% 10.0% 8.9% 938,753 198,371 740,382 13,531 67,055 659,795 89.8% 10/3/2019
34 Shoppes of Cooper City 0 0 9,500,000 9/6/2019                 1.59 1.49 73.2% 61.9% 9.3% 8.7% 1,029,160 384,732 644,428 7,026 31,411 605,991 84.2% 10/23/2019
35 Mountain View & Evergreen MHC Portfolio 0 0 12,020,000 7/30/2019                 1.43 1.41 54.1% 46.5% 9.0% 8.8% 999,206 414,937 584,269 9,250 0 575,019 89.5% 9/23/2019
35.01 Mountain View Estates MHC     9,060,000 7/30/2019                             769,190 313,680 455,510 7,100 0 448,410 91.5% 9/23/2019
35.02 Evergreen Park MHC     2,960,000 7/30/2019                             230,016 101,256 128,759 2,150 0 126,609 82.1% 9/23/2019
36 Laurel Bay 0 5 10,000,000 5/3/2019                 2.15 2.07 64.0% 64.0% 9.6% 9.3% 878,285 263,238 615,047 4,415 17,660 592,972 100.0% 4/30/2019
37 Apollo Point 0 0 8,800,000 6/14/2019                 1.70 1.67 70.8% 56.9% 10.1% 9.9% 819,018 191,385 627,633 12,000 0 615,633 95.8% 8/12/2019
38 Toledo Shopping Center 0 0 9,500,000 8/15/2019                 2.31 2.20 57.4% 57.4% 10.7% 10.2% 851,340 268,872 582,467 6,480 21,000 554,987 100.0% 10/1/2019
39 Beacon Center Office Park 0 0 7,300,000 9/1/2019                 2.52 2.13 69.3% 50.2% 16.1% 13.6% 1,369,180 555,981 813,199 22,309 101,545 689,345 89.4% 9/1/2019
40 CIRE Equity Retail & Industrial Portfolio 0 0 198,100,000 Various                 2.42 2.27 64.9% 64.9% 10.2% 9.6% 17,894,164 4,772,257 13,121,906 223,431 595,178 12,303,298 91.4% Various
40.01 Wood Village Town Center     31,100,000 3/30/2019                             2,664,878 653,930 2,010,947 23,131 68,553 1,919,264 94.1% 5/1/2019
40.02 Pecan Promenade     28,910,000 4/3/2019                             2,958,396 929,031 2,029,365 48,023 70,743 1,910,599 88.5% 5/1/2019
40.03 Valley Plaza     26,300,000 4/5/2019                             2,472,407 547,460 1,924,947 17,152 73,113 1,834,682 95.6% 5/1/2019
40.04 Pear Tree     24,500,000 4/3/2019                             2,383,917 686,766 1,697,150 42,297 98,719 1,556,135 90.9% 5/1/2019
40.05 Glendale Market Square     23,200,000 4/2/2019                             2,454,358 648,331 1,806,027 53,940 92,954 1,659,134 92.8% 5/1/2019
40.06 Central Park Shopping Center     21,100,000 4/8/2019                             2,412,264 788,827 1,623,437 24,676 73,782 1,524,979 95.1% 5/1/2019
40.07 Val Vista Towne Center     18,600,000 4/5/2019                             1,490,329 371,215 1,119,114 14,212 46,676 1,058,226 64.3% 5/1/2019
40.08 2641 Hall Ave - Riverside, CA     5,489,600 4/9/2019                             253,841 32,264 221,577 0 17,491 204,086 100.0% 12/1/2019
40.09 606 W Troy - Indianapolis, IN     4,100,000 4/5/2019                             345,412 41,185 304,227 0 11,430 292,797 100.0% 12/1/2019
40.10 Homeland - Bartow, FL     2,900,000 4/10/2019                             274,362 55,215 219,147 0 33,719 185,428 100.0% 12/1/2019
40.11 2621 Hall Ave - Riverside, CA     2,510,400 4/9/2019                             184,000 18,032 165,968 0 8,000 157,968 100.0% 12/1/2019
41 Security Public Storage - Baltimore 0 0 7,350,000 9/5/2019                 1.97 1.93 61.2% 52.6% 10.9% 10.8% 863,892 371,458 492,434 8,676 0 483,757 85.0% 9/12/2019
42 Comfort Suites at The University 0 0 7,300,000 9/17/2019                 2.70 2.36 61.5% 49.0% 15.5% 13.6% 1,441,689 744,004 697,685 86,618 0 611,067 74.6% 8/31/2019
43 Batavia Self Storage 0 0 6,000,000 9/10/2019                 1.40 1.35 63.2% 46.7% 9.5% 9.1% 493,432 133,313 360,119 13,529 0 346,591 91.2% 9/28/2019
44 Bent Palms Apartments 0 0 5,750,000 9/17/2019                 1.46 1.43 65.2% 55.0% 8.4% 8.2% 497,783 182,916 314,867 6,750 0 308,117 96.3% 10/1/2019

 

 A-1-3

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name U/W Hotel ADR U/W Hotel RevPAR Most Recent Period Most Recent Revenues ($) Most Recent Expenses ($) Most
Recent
NOI ($)
Most Recent Capital Expenditures Most Recent NCF ($) Most Recent Hotel ADR Most Recent Hotel RevPAR Second Most Recent Period Second Most Recent Revenues ($) Second Most Recent Expenses ($) Second Most Recent NOI ($) Second Most Recent Capital Expenditures Second Most Recent NCF ($) Second Most Recent Hotel ADR Second Most Recent Hotel RevPAR Third Most Recent Period Third Most Recent Revenues ($) Third Most Recent Expenses ($) Third Most Recent NOI ($) Third Most Recent Capital Expenditures Third Most Recent NCF ($) Third Most Recent Hotel ADR
1 Continental Park - Rosecrans Douglas     TTM 8/31/2019 6,996,985 858,111 6,138,874 0 6,138,874     Actual 2018 6,821,013 853,939 5,967,074 0 5,967,074     Actual 2017 6,513,966 874,940 5,639,026 0 5,639,026  
2 West Bountiful Commons     TTM 8/31/2019 3,763,592 535,934 3,227,658 0 3,227,658     Actual 2018 3,811,839 544,014 3,267,825 0 3,267,825     Actual 2017 3,892,825 553,732 3,339,093 0 3,339,093  
3 Torrey Ridge Apartments     TTM 8/31/2019 4,918,175 1,806,444 3,111,731 0 3,111,731     Actual 2018 4,573,111 1,730,736 2,842,376 0 2,842,376     Actual 2017 4,361,355 1,993,641 2,367,714 0 2,367,714  
4 74 Kent Street & 11-20 46th Road     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
4.01 74 Kent Street     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
4.02 11-20 46th Road     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
5 77 Clinton Avenue     TTM 9/30/2019 2,614,865 435,361 2,179,504 0 2,179,504     Actual 2018 2,576,624 430,498 2,146,127 0 2,146,127     Actual 2017 2,563,723 428,461 2,135,263 0 2,135,263  
6 Takoma Metro Center     TTM 6/30/2019 3,678,151 1,296,100 2,382,050 198,107 2,183,943     Actual 2018 3,266,211 1,275,076 1,991,136 198,107 1,793,029     Actual 2017 3,035,010 1,252,378 1,782,632 198,107 1,584,525  
7 The Tower at Burbank     Actual 2018 16,467,745 5,585,842 10,881,903 0 10,881,903     Actual 2017 10,067,516 4,622,739 5,444,777 0 5,444,777     NAV NAV NAV NAV NAV NAV  
8 Planet Self Storage Portfolio     TTM 8/31/2019 8,043,481 2,702,817 5,340,664 0 5,340,664     Actual 2018 7,763,318 2,670,704 5,092,614 0 5,092,614     Actual 2017 6,994,124 2,185,746 4,808,378 0 4,808,378  
8.01 Prime Storage - Somerville     TTM 8/31/2019 948,433 291,688 656,745 0 656,745     Actual 2018 912,878 297,351 615,527 0 615,527     Actual 2017 746,762 226,002 520,761 0 520,761  
8.02 Prime Storage - Newington     TTM 8/31/2019 902,587 300,752 601,835 0 601,835     Actual 2018 883,635 299,095 584,540 0 584,540     Actual 2017 855,382 247,966 607,416 0 607,416  
8.03 Prime Storage - Washington     TTM 8/31/2019 914,180 253,325 660,855 0 660,855     Actual 2018 844,814 232,976 611,838 0 611,838     Actual 2017 754,270 205,367 548,903 0 548,903  
8.04 Prime Storage - Brookfield     TTM 8/31/2019 816,098 295,682 520,416 0 520,416     Actual 2018 781,608 286,220 495,388 0 495,388     Actual 2017 705,862 226,451 479,411 0 479,411  
8.05 Prime Storage - Quakertown     TTM 8/31/2019 776,620 262,245 514,375 0 514,375     Actual 2018 772,752 254,605 518,147 0 518,147     Actual 2017 733,851 212,603 521,248 0 521,248  
8.06 Prime Storage - Hyde Park     TTM 8/31/2019 703,006 242,143 460,863 0 460,863     Actual 2018 682,333 241,573 440,760 0 440,760     Actual 2017 571,511 154,253 417,258 0 417,258  
8.07 Prime Storage - Phillipsburg     TTM 8/31/2019 610,612 203,520 407,092 0 407,092     Actual 2018 618,397 197,096 421,301 0 421,301     Actual 2017 578,838 175,679 403,159 0 403,159  
8.08 Prime Storage - New Milford     TTM 8/31/2019 645,052 213,426 431,626 0 431,626     Actual 2018 633,727 218,071 415,656 0 415,656     Actual 2017 583,386 196,502 386,884 0 386,884  
8.09 Prime Storage - Fairless Hills     TTM 8/31/2019 586,823 200,977 385,846 0 385,846     Actual 2018 564,774 213,289 351,485 0 351,485     Actual 2017 471,795 175,769 296,025 0 296,025  
8.10 Prime Storage - Clinton     TTM 8/31/2019 535,572 183,434 352,138 0 352,138     Actual 2018 502,553 192,732 309,821 0 309,821     Actual 2017 504,269 156,612 347,657 0 347,657  
8.11 Prime Storage - Lindenwold     TTM 8/31/2019 604,498 255,625 348,873 0 348,873     Actual 2018 565,847 237,696 328,151 0 328,151     Actual 2017 488,198 208,541 279,657 0 279,657  
9 The District at Tuttle     TTM 8/31/2019 3,128,657 1,338,111 1,790,546 45,600 1,744,946     Actual 2018 3,094,693 1,324,005 1,770,688 45,600 1,725,088     NAV NAV NAV NAV NAV NAV  
10 730 Arizona Avenue     TTM 6/30/2019 2,747,955 603,260 2,144,695 0 2,144,695     Actual 2018 2,706,578 610,896 2,095,682 0 2,095,682     Actual 2017 2,469,895 463,569 2,006,326 0 2,006,326  
11 Phoenix Industrial Portfolio II     TTM 6/30/2019 9,275,816 2,248,289 7,027,527 0 7,027,527     Actual 2018 8,923,998 1,963,475 6,960,523 0 6,960,523     NAV NAV NAV NAV NAV NAV  
11.01 Flint     TTM 6/30/2019 2,135,123 159,881 1,975,242 0 1,975,242     Actual 2018 2,117,520 149,611 1,967,909 0 1,967,909     NAV NAV NAV NAV NAV NAV  
11.02 Beloit     TTM 6/30/2019 2,531,803 1,100,402 1,431,401 0 1,431,401     Actual 2018 2,390,751 873,271 1,517,480 0 1,517,480     NAV NAV NAV NAV NAV NAV  
11.03 DuBois     TTM 6/30/2019 1,703,788 295,208 1,408,580 0 1,408,580     Actual 2018 1,694,700 260,983 1,433,717 0 1,433,717     NAV NAV NAV NAV NAV NAV  
11.04 Jefferson     TTM 6/30/2019 1,683,269 318,719 1,364,550 0 1,364,550     Actual 2018 1,660,104 309,029 1,351,075 0 1,351,075     NAV NAV NAV NAV NAV NAV  
11.05 Huntsville     TTM 6/30/2019 1,221,833 374,079 847,754 0 847,754     Actual 2018 1,060,923 370,581 690,342 0 690,342     NAV NAV NAV NAV NAV NAV  
12 North & Sheffield     TTM 6/30/2019 1,817,671 690,981 1,126,690 0 1,126,690     Actual 2018 678,615 415,652 262,963 0 262,963     Actual 2017 1,591,124 106,461 1,484,663 0 1,484,663  
13 Global Payments, Inc.     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
14 Somerset Park at Union     TTM 9/30/2019 3,324,732 1,870,108 1,454,624 0 1,454,624     Actual 2018 3,424,839 1,917,441 1,507,398 0 1,507,398     Actual 2017 3,571,506 1,740,601 1,830,905 0 1,830,905  
15 NMR Pharmacy Portfolio     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
15.01 WAG - Knoxville, TN     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
15.02 WAG - Cincinnati, OH     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
15.03 WAG - Huntington, IN     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
15.04 CVS - Dublin, OH     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
15.05 CVS - Ashland, KY     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
15.06 WAG - Akron, OH     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
15.07 Rite Aid/PNC ATM - Dayton, OH     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
15.08 CVS - Bristol, VA     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
15.09 CVS - Bristol, TN     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
15.10 CVS - Evans, GA     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
15.11 WAG - Henderson, KY     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
15.12 CVS - Summerfield, NC     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
15.13 Rite Aid - Hermitage, PA     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
16 Scripps Ranch Business Park- CA     Annualized 8 8/31/2019 1,715,466 502,368 1,213,098 0 1,213,098     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
17 Platte Airpark Tech Campus     TTM 8/31/2019 2,583,133 675,004 1,908,129 0 1,908,129     Actual 2018 2,429,249 648,721 1,780,528 0 1,780,528     Actual 2017 2,366,134 554,891 1,811,243 0 1,811,243  
18 HIE & Candlewood Suites Portfolio 104 67 TTM 7/31/2019 5,777,620 3,728,510 2,049,110 231,105 1,818,005 104 67 Actual 2018 6,042,275 3,817,867 2,224,408 241,691 1,982,717 104 71 Actual 2017 5,896,580 3,827,367 2,069,213 235,863 1,833,350 101
18.01 Holiday Inn Express Grove City Outlet Center     106 73 TTM 7/31/2019 2,010,563 1,414,845 595,718 80,423 515,295 106 73 Actual 2018 2,122,480 1,467,421 655,059 84,899 570,159 111 77 Actual 2017 2,030,099 1,479,001 551,098 81,204 469,894 107
18.02 Candlewood Suites Grove City Outlet Center    90 52 TTM 7/31/2019 1,583,602 890,269 693,333 63,344 629,989 90 52 Actual 2018 1,871,464 943,914 927,550 74,859 852,691 89 61 Actual 2017 1,856,900 964,290 892,610 74,276 818,334 85
18.03 Holiday Inn Express & Suites Wadsworth 116 79 TTM 7/31/2019 2,183,455 1,423,396 760,059 87,338 672,721 116 79 Actual 2018 2,048,331 1,406,531 641,800 81,933 559,867 115 74 Actual 2017 2,009,581 1,384,076 625,505 80,383 545,122 116
19 The Hamptons Apartments     TTM 8/31/2019 2,296,595 1,125,920 1,170,675 88,613 1,082,062     Actual 2018 2,336,268 1,137,060 1,199,208 110,471 1,088,737     Actual 2017 2,180,510 1,203,198 977,312 144,183 833,129  
20 Hilton Garden Inn - Ft. Myers 133 102 TTM 7/31/2019 5,302,396 3,405,687 1,896,709 0 1,896,709 133 102 Actual 2018 5,326,882 3,358,546 1,968,336 0 1,968,336 135 103 Actual 2017 5,302,395 3,196,931 2,105,464 0 2,105,464 124
21 Washington Avenue Portfolio     TTM 7/31/2019 3,607,154 1,073,260 2,533,894 0 2,533,894     Actual 2018 3,476,213 1,063,092 2,413,122 0 2,413,122     Actual 2017 2,811,697 671,475 2,140,222 0 2,140,222  
21.01 Washington Avenue Properties     TTM 7/31/2019 3,474,569 773,259 2,701,310 0 2,701,310     Actual 2018 3,344,533 752,841 2,591,692 0 2,591,692     Actual 2017 2,741,635 651,163 2,090,472 0 2,090,472  
21.02 319 Saint Emanuel     TTM 7/31/2019 57,585 273,866 -216,281 0 -216,281     Actual 2018 62,930 286,879 -223,949 0 -223,949     NAV NAV NAV NAV NAV NAV  
21.03 16210 Clay     TTM 7/31/2019 75,000 26,135 48,865 0 48,865     Actual 2018 68,750 23,371 45,379 0 45,379     Actual 2017 70,063 20,312 49,750 0 49,750  
22 River Club     TTM 8/31/2019 1,951,838 652,049 1,299,789 0 1,299,789     Actual 2018 1,903,074 648,833 1,254,241 0 1,254,241     Actual 2017 1,784,716 600,599 1,184,116 0 1,184,116  
23 Best Western Premier NYC Gateway 153 105 TTM 8/31/2019 4,059,190 2,356,529 1,702,661 162,368 1,540,293 153 105 Actual 2018 3,859,358 2,322,393 1,536,966 154,374 1,382,591 151 100 T11 12/31/2017 3,037,049 1,944,409 1,092,640 121,482 971,158 141
24 Helena & Tillamook Apartment Portfolio     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
24.01 Helena Apartments     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
24.02 Tillamook Street Apartments     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
25 Hilltop Shopping Center     Actual 2018 1,681,775 331,241 1,350,534 0 1,350,534     Actual 2017 1,693,036 322,964 1,370,072 0 1,370,072     Actual 2016 1,609,549 340,749 1,268,801 0 1,268,801  
26 Westbrook Office Park III     TTM 08/31/2019 2,175,295 880,930 1,294,365 0 1,294,365     Actual 2018 2,113,876 930,060 1,183,817 0 1,183,817     Actual 2017 2,045,942 991,840 1,054,102 0 1,054,102  
27 Westlake Village I & II     TTM 9/30/2019 2,563,462 854,773 1,708,689 0 1,708,689     Actual 2018 2,484,629 885,266 1,599,363 0 1,599,363     Actual 2017 2,452,169 868,440 1,583,729 0 1,583,729  
28 Morse Road Portfolio     TTM 8/31/2019 922,795 254,732 668,063 0 668,063     Actual 2018 508,839 302,734 206,105 0 206,105     Actual 2017 978,235 307,719 670,516 40,289 630,228  
28.01 Morse Plaza     TTM 8/31/2019 792,451 193,917 598,534 0 598,534     Actual 2018 508,839 302,734 206,105 0 206,105     Actual 2017 978,235 307,719 670,516 40,289 630,228  
28.02 1607-1635 Morse Road     TTM 8/31/2019 130,344 60,815 69,530 0 69,530     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
29 SPS Vacaville II     TTM 9/30/2019 1,077,353 414,198 663,154 0 663,154     Actual 2018 1,021,142 397,109 624,032 0 624,032     Actual 2017 618,161 315,534 302,627 0 302,627  
30 Campus Edge Apartments     TTM 4/30/2019 1,631,104 780,336 850,768 0 850,768     TTM 7/31/2018 820,050 594,856 225,194 0 225,194     NAV NAV NAV NAV NAV NAV  
31 Number 10 Main Apartments     TTM 8/31/2019 1,729,323 893,196 836,128 28,000 808,128     Actual 2018 1,653,710 901,545 752,165 28,000 724,165     Actual 2017 1,524,186 850,570 673,617 28,000 645,617  
32 Virginia Varsity Self Storage     TTM 9/30/2019 926,816 283,662 643,154 0 643,154     Actual 2018 890,657 259,371 631,286 0 631,286     Actual 2017 842,663 238,371 604,292 0 604,292  
33 Renaissance Square     TTM 08/31/2019 787,902 190,218 597,683 0 597,683     Actual 2018 854,117 174,892 679,225 0 679,225     Actual 2017 746,243 170,053 576,190 0 576,190  
34 Shoppes of Cooper City     TTM 8/31/2019 1,002,711 347,180 655,531 50,937 604,594     Actual 2018 933,613 374,884 558,729 50,937 507,792     Actual 2017 886,565 444,553 442,012 50,937 391,075  
35 Mountain View & Evergreen MHC Portfolio     TTM 08/31/2019 964,938 382,686 582,253 0 582,253     Actual 2018 902,055 375,658 526,397 0 526,397     Actual 2017 769,605 416,794 352,811 0 352,811  
35.01 Mountain View Estates MHC     TTM 08/31/2019 751,700 311,784 439,916 0 439,916     Annualized 2018 694,865 311,487 383,378 0 383,378     Actual 2017 536,605 350,299 186,306 0 186,306  
35.02 Evergreen Park MHC     TTM 08/31/2019 213,238 70,902 142,337 0 142,337     Actual 2018 207,189 64,171 143,019 0 143,019     Actual 2017 233,000 66,495 166,505 0 166,505  
36 Laurel Bay     TTM 3/31/2019 785,033 255,428 529,604 0 529,604     Actual 2018 822,779 249,954 572,824 0 572,824     Actual 2017 819,415 249,381 570,034 0 570,034  
37 Apollo Point     TTM 8/31/2019 431,528 166,619 264,909 27,372 237,537     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV  
38 Toledo Shopping Center     Annualized 6 6/30/2019 803,956 263,427 540,529 27,480 513,049     Actual 2018 747,856 261,183 486,673 27,480 459,193     Actual 2017 745,456 269,732 475,724 27,480 448,244  
39 Beacon Center Office Park     TTM 7/31/2019 1,038,532 492,952 545,580 0 545,580     Actual 2018 1,025,015 497,353 527,662 0 527,662     Actual 2017 960,870 506,489 454,381 0 454,381  
40 CIRE Equity Retail & Industrial Portfolio     TTM 2/28/2019 17,561,596 4,694,815 12,866,781 0 12,866,781     Actual 2018 17,277,730 4,616,971 12,660,759 0 12,660,759     Actual 2017 14,622,381 4,060,487 10,561,894 0 10,561,894  
40.01 Wood Village Town Center     TTM 2/28/2019 2,801,565 663,382 2,138,183 0 2,138,183     Actual 2018 2,452,348 584,313 1,868,035 0 1,868,035     NAV NAV NAV NAV NAV NAV  
40.02 Pecan Promenade     TTM 2/28/2019 2,874,992 928,260 1,946,733 0 1,946,733     Actual 2018 2,889,453 941,721 1,947,732 0 1,947,732     Actual 2017 2,854,118 963,259 1,890,858 0 1,890,858  
40.03 Valley Plaza     TTM 2/28/2019 2,285,063 554,428 1,730,635 0 1,730,635     Actual 2018 2,299,616 551,143 1,748,473 0 1,748,473     Actual 2017 2,231,849 524,561 1,707,288 0 1,707,288  
40.04 Pear Tree     TTM 2/28/2019 2,608,254 701,355 1,906,899 0 1,906,899     Actual 2018 2,603,067 705,998 1,897,070 0 1,897,070     Actual 2017 2,156,706 619,411 1,537,295 0 1,537,295  
40.05 Glendale Market Square     TTM 2/28/2019 2,033,560 540,861 1,492,700 0 1,492,700     Actual 2018 2,119,604 553,160 1,566,444 0 1,566,444     Actual 2017 2,574,463 746,001 1,828,462 0 1,828,462  
40.06 Central Park Shopping Center     TTM 2/28/2019 2,305,891 795,370 1,510,521 0 1,510,521     Actual 2018 2,332,463 767,722 1,564,741 0 1,564,741     Actual 2017 2,183,914 717,680 1,466,234 0 1,466,234  
40.07 Val Vista Towne Center     TTM 2/28/2019 1,448,918 372,574 1,076,344 0 1,076,344     Actual 2018 1,437,803 384,336 1,053,467 0 1,053,467     Actual 2017 1,474,944 381,471 1,093,473 0 1,093,473  
40.08 2641 Hall Ave - Riverside, CA     TTM 2/28/2019 249,753 32,217 217,536 0 217,536     Actual 2018 226,729 22,209 204,520 0 204,520     Actual 2017 234,120 21,417 212,703 0 212,703  
40.09 606 W Troy - Indianapolis, IN     TTM 2/28/2019 335,563 33,151 302,412 0 302,412     Actual 2018 312,765 33,151 279,614 0 279,614     Actual 2017 313,848 21,676 292,172 0 292,172  
40.10 Homeland - Bartow, FL     TTM 2/28/2019 274,807 55,216 219,591 0 219,591     Actual 2018 273,790 55,216 218,574 0 218,574     Actual 2017 265,962 53,050 212,912 0 212,912  
40.11 2621 Hall Ave - Riverside, CA     TTM 2/28/2019 343,230 18,003 325,227 0 325,227     Actual 2018 330,092 18,003 312,089 0 312,089     Actual 2017 332,458 11,960 320,498 0 320,498  
41 Security Public Storage - Baltimore     TTM 9/30/2019 804,256 403,578 400,678 0 400,678     Actual 2018 790,951 391,317 399,634 0 399,634     Actual 2017 693,881 340,393 353,488 0 353,488  
42 Comfort Suites at The University 100 75 TTM 8/31/2019 1,441,689 766,260 675,429 0 675,429 100 75 Actual 2018 1,299,667 687,956 611,711 0 611,711 105 75 Actual 2017 1,116,453 507,966 608,487 0 608,487 98
43 Batavia Self Storage     TTM 8/31/2019 493,432 130,140 363,292 13,529 349,763     Actual 2018 508,452 131,103 377,349 13,529 363,820     Actual 2017 477,558 130,669 346,889 13,529 333,360  
44 Bent Palms Apartments     TTM 8/31/2019 487,331 168,224 319,107 6,750 312,357     Actual 2018 439,243 169,141 270,103 6,750 263,353     NAV NAV NAV NAV NAV NAV  

 

 A-1-4

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name Third Most Recent Hotel RevPAR Master Lease (Y/N)(10) Largest Tenant Name(11)(12)(13)(14) Largest Tenant Sq. Ft. Largest
Tenant
% of NRA
Largest Tenant Exp. Date 2nd Largest Tenant Name(9)(14) 2nd Largest Tenant Sq. Ft. 2nd Largest
Tenant
% of NRA
2nd Largest Tenant Exp. Date 3rd Largest Tenant Name(9)(14) 3rd Largest Tenant Sq. Ft. 3rd Largest
Tenant
% of NRA
3rd Largest Tenant Exp. Date 4th Largest Tenant Name(9) 4th Largest Tenant Sq. Ft. 4th Largest
Tenant
% of NRA
4th Largest Tenant Exp. Date 5th Largest Tenant Name(9)(14) 5th Largest Tenant Sq. Ft. 5th Largest
Tenant
% of NRA
1 Continental Park - Rosecrans Douglas   N Motor Trend 82,346 40.0% 3/31/2029 Carlisle Interconnect Technologies 81,300 39.5% 2/29/2020 CBRE 30,794 14.9% 11/30/2021 JPMorgan Chase 5,285 2.6% 10/31/2022 City National Bank 3,098 1.5%
2 West Bountiful Commons   N Costco 135,000 41.6% 11/21/2035 At Home 101,581 31.3% 12/31/2025 Office Depot 21,008 6.5% 3/31/2027 Petco 15,000 4.6% 1/31/2027 Deseret Book 4,735 1.5%
3 Torrey Ridge Apartments   N                                      
4 74 Kent Street & 11-20 46th Road   N Various Various Various Various Various Various Various Various                      
4.01 74 Kent Street   N NYU School of Medicine 16,679 52.5% 9/30/2033 Project Franklin, LLC (Walmart) 15,066 47.5% 4/30/2022                      
4.02 11-20 46th Road   N TheraCare 34,725 100.0% 1/31/2035                              
5 77 Clinton Avenue   N New York City Department of Education 127,000 100.0% 9/4/2030                              
6 Takoma Metro Center   N The Kennedy Center 58,439 29.5% 2/28/2031 A. Salon LTD 31,120 15.7% 2/28/2021 Breakthrough Montessori PCS 15,565 7.9% 8/31/2043 Youth For Understanding USA 9,405 4.7% 8/31/2028 Manna, Inc. 6,279 3.2%
7 The Tower at Burbank   N Disney 115,673 23.6% 12/31/2029 WeWork 74,742 15.2% 4/30/2032 Vubiquity, Inc. 56,055 11.4% 6/30/2026 STX Filmworks, LLC 38,077 7.8% 11/30/2025 PictureHead 37,370 7.6%
8 Planet Self Storage Portfolio   N                                      
8.01 Prime Storage - Somerville   N                                      
8.02 Prime Storage - Newington   N                                      
8.03 Prime Storage - Washington   N                                      
8.04 Prime Storage - Brookfield   N                                      
8.05 Prime Storage - Quakertown   N                                      
8.06 Prime Storage - Hyde Park   N                                      
8.07 Prime Storage - Phillipsburg   N                                      
8.08 Prime Storage - New Milford   N                                      
8.09 Prime Storage - Fairless Hills   N                                      
8.10 Prime Storage - Clinton   N                                      
8.11 Prime Storage - Lindenwold   N                                      
9 The District at Tuttle   N                                      
10 730 Arizona Avenue   N Regus 28,822 100.0% 10/30/2026                              
11 Phoenix Industrial Portfolio II   N Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various      
11.01 Flint   N Android Industries 460,000 100.0% 6/30/2025                              
11.02 Beloit   N Bay Valley Foods 140,947 34.1% 5/31/2020 Axium Foods, Inc. 99,670 24.1% 8/31/2020 Foal, LLC 18,511 4.5% 1/31/2020 SSB Manufacturing Company 18,175 4.4% 11/30/2021      
11.03 DuBois   N DuBois Logistics, LLC 612,800 100.0% 2/28/2025                              
11.04 Jefferson   N Generac Power Systems, Inc. 591,840 100.0% 11/30/2023                              
11.05 Huntsville   N Boneal Aerospace, Inc. 124,630 39.9% 3/31/2022 Intercept Industries, Ltd. 104,825 33.6% 1/31/2021 Custom Assembly, Inc 70,000 22.4% 11/30/2019              
12 North & Sheffield   N Lululemon 26,412 83.2% 1/31/2026 Sephora 5,350 16.8% 1/31/2024                      
13 Global Payments, Inc.   N Global Payments, Inc. 226,304 100.0% 5/31/2037                              
14 Somerset Park at Union   N                                      
15 NMR Pharmacy Portfolio   N Various Various Various Various                              
15.01 WAG - Knoxville, TN   N Walgreens 14,112 100.0% 12/31/2034                              
15.02 WAG - Cincinnati, OH   N Walgreens 14,490 100.0% 8/31/2028                              
15.03 WAG - Huntington, IN   N Walgreens 15,125 100.0% 1/31/2026                              
15.04 CVS - Dublin, OH   N CVS 10,086 100.0% 7/31/2039                              
15.05 CVS - Ashland, KY   N CVS 11,240 100.0% 7/31/2039                              
15.06 WAG - Akron, OH   N Walgreens 13,500 100.0% 2/29/2028                              
15.07 Rite Aid/PNC ATM - Dayton, OH   N Rite Aid 11,180 100.0% 3/31/2023                              
15.08 CVS - Bristol, VA   N CVS 10,251 100.0% 7/31/2039                              
15.09 CVS - Bristol, TN   N CVS 10,200 100.0% 7/31/2039                              
15.10 CVS - Evans, GA   N CVS 10,125 100.0% 7/31/2039                              
15.11 WAG - Henderson, KY   N Walgreens 11,385 100.0% 5/31/2034                              
15.12 CVS - Summerfield, NC   N CVS 10,112 100.0% 7/31/2039                              
15.13 Rite Aid - Hermitage, PA   N Rite Aid 12,000 100.0% 1/31/2029                              
16 Scripps Ranch Business Park- CA   N Siemens 28,034 29.7% 6/30/2022 USPS 21,078 22.4% 9/14/2024 Designer Molecules 18,602 19.7% 11/30/2021 AVI 13,337 14.2% 10/31/2026 Apria Healthcare 13,200 14.0%
17 Platte Airpark Tech Campus   N Boeing 67,736 49.3% 12/31/2022 Lockheed Martin 64,739 47.1% 12/31/2025 CACI 4,948 3.6% 1/30/2024              
18 HIE & Candlewood Suites Portfolio 69 N                                      
18.01 Holiday Inn Express Grove City Outlet Center     74 N                                      
18.02 Candlewood Suites Grove City Outlet Center    61 N                                      
18.03 Holiday Inn Express & Suites Wadsworth 73 N                                      
19 The Hamptons Apartments   N                                      
20 Hilton Garden Inn - Ft. Myers 102 N                                      
21 Washington Avenue Portfolio   N Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various
21.01 Washington Avenue Properties   N Urban Living 11,505 20.9% 9/30/2035 The Sporting Club 6,015 10.9% 1/31/2028 5002 Washington LLC (Heart) 5,250 9.5% 5/31/2024 Kung Fu 4,045 7.3% 10/1/2020 Handlebar 4,000 7.3%
21.02 319 Saint Emanuel   N The White Collection 56,250 100.0% 10/31/2035                              
21.03 16210 Clay   N Fix My Car (Ivan’s Custom Paint) 13,635 100.0% 2/28/2023                              
22 River Club   N                                      
23 Best Western Premier NYC Gateway 94 N                                      
24 Helena & Tillamook Apartment Portfolio   N                                      
24.01 Helena Apartments   N                                      
24.02 Tillamook Street Apartments   N                                      
25 Hilltop Shopping Center   N T.J.maxx 28,000 31.3% 1/31/2025 Bed, Bath & Beyond 25,494 28.5% 1/31/2023 Michaels 23,890 26.7% 2/28/2023 Pier1 Imports 12,211 13.6% 7/31/2023      
26 Westbrook Office Park III   N CBOE Global Markets 61,899 62.8% 6/30/2027 Paycor 18,509 18.8% 5/31/2023 Food & Drug Administration 18,099 18.4% 4/30/2022              
27 Westlake Village I & II   N King Soopers 81,006 49.4% 11/30/2027 Gourmet Grub 6,915 4.2% 12/31/2022 Cazadores 5,355 3.3% 10/31/2023 Westlake Wine & Spirits 5,061 3.1% 12/31/2020 Linda’s Gifts 4,745 2.9%
28 Morse Road Portfolio   N Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various
28.01 Morse Plaza   N HomeBuys 62,790 65.0% 2/28/2029 Sam Ash Music 22,400 23.2% 1/31/2025 Huntington National Bank 3,435 3.6% 5/31/2025 Franklin County 3,351 3.5% 5/31/2024 Gamestop 3,048 3.2%
28.02 1607-1635 Morse Road   N Urgent Care Specialists 2,696 19.6% 10/31/2029 Afra Grill LLC 2,500 18.2% 3/31/2029 SprintCom, Inc. 2,500 18.2% 2/29/2028 Wireless Vision LLC 1,801 13.1% 3/31/2023 Phe Le LLC 1,593 11.6%
29 SPS Vacaville II   N                                      
30 Campus Edge Apartments   N                                      
31 Number 10 Main Apartments   N                                      
32 Virginia Varsity Self Storage   N                                      
33 Renaissance Square   N Jo-Ann Stores 19,424 24.4% 1/31/2021 Harbor Freight Tools 16,519 20.8% 10/31/2027 PetSense 7,500 9.4% 4/30/2023 Deseret Book 6,943 8.7% 1/31/2025 Maurices 5,977 7.5%
34 Shoppes of Cooper City   N Sage Dental 3,186 9.1% 6/30/2020 Big Bazar, Inc. 3,088 8.8% 7/31/2024 New Castle Realty Inc. 2,864 8.2% 10/31/2021 Ellie’s Kitchen 2,300 6.5% 9/30/2021 Dunkin Donuts/Baskin Robbins 2,250 6.4%
35 Mountain View & Evergreen MHC Portfolio   N                                      
35.01 Mountain View Estates MHC   N                                      
35.02 Evergreen Park MHC   N                                      
36 Laurel Bay   N Ascent Real Estate 7,422 42.0% 6/30/2021 The Corner Drafthouse 2,561 14.5% 3/31/2026 Grab & Go 1,700 9.6% 11/30/2028 Karitkay Escrow Corp 1,231 7.0% 6/30/2021 Starbucks 1,226 6.9%
37 Apollo Point   N                                      
38 Toledo Shopping Center   N El Gallego 3,000 8.3% 12/31/2022 Andres Pharmacy 2,250 6.3% 8/31/2023 Libreria Impacto 2,250 6.3% MTM Y & J Fashion Boutique 1,500 4.2% 9/30/2020 La Estrella Bakery 1,500 4.2%
39 Beacon Center Office Park   N Alabama Department of Mental Health 13,798 12.4% 1/31/2024 NHS Management, LLC 11,110 10.0% 12/31/2027 Sinclair Communications, LLC 8,494 7.6% 9/30/2021 Central Alabama Horizons, LLC 7,540 6.8% 4/30/2020 Kay Logistics Group, LLC 5,977 5.4%
40 CIRE Equity Retail & Industrial Portfolio   N Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various
40.01 Wood Village Town Center   N Kohl’s Department Stores, Inc. 87,501 63.8% 1/31/2027 Theresa’s Pet 9,800 7.1% 6/30/2024  The Rock Wood Fired Pizza & Spirit 5,196 3.8% 6/30/2021  The Sleep Train, Inc. 5,091 3.7% 9/30/2026 National Vision, Inc. 3,183 2.3%
40.02 Pecan Promenade   N Ross Stores 30,187 21.3% 1/31/2022 LA Fitness 27,564 19.5% 11/30/2029 Dollar Tree 10,000 7.1% 10/31/2022 Kirkland’s 10,000 7.1% 6/30/2020 Shoe Show 7,007 5.0%
40.03 Valley Plaza   N US Foods 60,145 41.1% 3/31/2024 Ross Stores 27,650 18.9% 1/31/2021 Salon Boutique 7,880 5.4% 5/31/2028 Banner Health 5,000 3.4% 8/31/2023 Sprint 4,230 2.9%
40.04 Pear Tree   N JC Penney 51,395 26.0% 2/28/2024 Lucky’s (SaveMart) 49,377 25.0% 3/31/2024 Ross 25,976 13.2% 1/30/2025 Big 5 Sporting Goods 16,520 8.4% 5/31/2022 Maurice’s 5,300 2.7%
40.05 Glendale Market Square   N Floor & Décor 75,000 40.3% 4/30/2028 Lina Home Furnishings 45,000 24.2% 11/30/2024 EJ’s Auction & Consignment 28,909 15.6% 11/30/2025 Hospice of the Valley 8,443 4.5% 2/29/2020 Cucina Tagliani 4,920 2.6%
40.06 Central Park Shopping Center   N Big Lots 32,153 21.8% 1/31/2023 ARC Thrift Store 29,294 19.9% 5/31/2025 Adventure Dental 8,805 6.0% 4/30/2024 Fast Cash Pawn & Jewelry 5,724 3.9% 11/30/2019 Comrade Brewery 5,315 3.6%
40.07 Val Vista Towne Center   N Ross Stores 25,126 26.9% 1/31/2022 Petco 13,221 14.2% 1/31/2022 Fred Astaire 3,511 3.8% 11/30/2024 Val Vista Dental 2,551 2.7% 4/30/2020 Regis Salon 1,910 2.0%
40.08 2641 Hall Ave - Riverside, CA   N  48 Forty Solutions 34,982 100.0% 5/31/2023                              
40.09 606 W Troy - Indianapolis, IN   N  48 Forty Solutions 22,860 100.0% 4/30/2024                              
40.10 Homeland - Bartow, FL   N  48 Forty Solutions 67,438 100.0% 6/30/2025                              
40.11 2621 Hall Ave - Riverside, CA   N  48 Forty Solutions 16,000 100.0% 5/31/2023                              
41 Security Public Storage - Baltimore   N                                      
42 Comfort Suites at The University 61 N                                      
43 Batavia Self Storage   N                                      
44 Bent Palms Apartments   N                                      

 

 A-1-5

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name 5th Largest Tenant Exp. Date Engineering Report Date Environmental Report Date (Phase I) Environmental Report Date (Phase II) Seismic Report Date Seismic PML % Seismic Insurance Required  (Y/N) Terrorism Insurance (Y/N) Loan Purpose Engineering Escrow / Deferred Maintenance ($) Tax Escrow (Initial) Monthly Tax Escrow ($) Tax Escrow - Cash or LoC Tax Escrow - LoC Counterparty Insurance Escrow (Initial) Monthly Insurance Escrow ($) Insurance Escrow - Cash or LoC Insurance Escrow - LoC Counterparty Upfront Replacement Reserve ($) Monthly Replacement Reserve ($)(15) Replacement Reserve Cap ($) Replacement Reserve Escrow - Cash or LoC Replacement Reserve Escrow - LoC Counterparty Upfront TI/LC Reserve ($)(16)
1 Continental Park - Rosecrans Douglas 3/31/2023 9/27/2019 9/23/2019   9/20/2019 13.0% N Y Refinance 0 48,798 23,237 Cash   8,218 Springing Cash   0 3,434 206,012 Cash   6,500,000
2 West Bountiful Commons 7/31/2022 10/1/2019 9/25/2019   9/26/2019 8.0% N Y Refinance 0 18,302 17,431 Cash   19,214 1,664 Cash   0 2,367 0 Cash   0
3 Torrey Ridge Apartments   8/26/2019 8/26/2019   8/26/2019 5.0% N Y Refinance 69,969 279,782 34,973 Cash   153,439 13,949 Cash   1,000,000 17,277 0 Cash   0
4 74 Kent Street & 11-20 46th Road   7/18/2019 7/18/2019       N Y Refinance 0 80,123 13,354 Cash   18,167 6,056 Cash   0 1,108 0 Cash   0
4.01 74 Kent Street   7/18/2019 7/18/2019       N Y                                
4.02 11-20 46th Road   7/18/2019 7/18/2019       N Y                                
5 77 Clinton Avenue   10/8/2019 10/8/2019       N Y Refinance 0 173,681 28,947 Cash   25,370 6,342 Cash   0 2,117 0 Cash   400,000
6 Takoma Metro Center 7/31/2023 9/13/2019 9/13/2019       N Y Refinance 28,704 81,405 40,702 Cash   26,417 3,774 Cash   0 3,302 0 Cash   0
7 The Tower at Burbank 6/30/2026 5/28/2019 5/29/2019   5/28/2019 17.0% N Y Refinance 0 0 Springing     0 Springing     0 Springing 122,702     0
8 Planet Self Storage Portfolio   Various Various       N Y Refinance 73,438 370,554 58,818 Cash   7,162 3,410 Cash   0 5,333 0 Cash   0
8.01 Prime Storage - Somerville   9/5/2019 9/5/2019       N Y                                
8.02 Prime Storage - Newington   9/10/2019 9/5/2019       N Y                                
8.03 Prime Storage - Washington   9/10/2019 9/5/2019       N Y                                
8.04 Prime Storage - Brookfield   9/9/2019 9/5/2019       N Y                                
8.05 Prime Storage - Quakertown   9/10/2019 9/9/2019       N Y                                
8.06 Prime Storage - Hyde Park   9/5/2019 9/5/2019       N Y                                
8.07 Prime Storage - Phillipsburg   9/9/2019 9/5/2019       N Y                                
8.08 Prime Storage - New Milford   9/10/2019 9/5/2019       N Y                                
8.09 Prime Storage - Fairless Hills   9/5/2019 9/5/2019       N Y                                
8.10 Prime Storage - Clinton   9/10/2019 9/5/2019       N Y                                
8.11 Prime Storage - Lindenwold   9/5/2019 9/6/2019       N Y                                
9 The District at Tuttle   9/18/2019 9/18/2019       N Y Refinance 0 314,210 62,842 Cash   33,640 4,205 Cash   0 3,800 0 Cash   0
10 730 Arizona Avenue   7/10/2019 7/11/2019   7/10/2019 11.0% N Y Refinance 0 155,478 25,913 Cash   44,143 4,233 Cash   0 480 16,933 Cash   0
11 Phoenix Industrial Portfolio II   Various Various       N Y Refinance 283,040 261,385 62,502 Cash   159,062 13,255 Cash   0 19,922 481,308 Cash   0
11.01 Flint   8/15/2019 8/15/2019       N Y                                
11.02 Beloit   8/15/2019 8/15/2019       N Y                                
11.03 DuBois   8/19/2019 8/19/2019       N Y                                
11.04 Jefferson   8/15/2019 8/15/2019       N Y                                
11.05 Huntsville   8/15/2019 8/15/2019       N Y                                
12 North & Sheffield   8/14/2019 8/7/2019       N Y Acquisition 0 13,306 4,434 Cash   0 Springing     0 530 0 Cash   0
13 Global Payments, Inc.   9/9/2019 9/10/2019       N Y Acquisition 0 0 Springing     0 Springing     0 0 0     0
14 Somerset Park at Union   9/9/2019 9/5/2019       N Y Acquisition 0 346,715 28,893 Cash   40,288 13,429 Cash   0 8,833 0 Cash   0
15 NMR Pharmacy Portfolio   8/28/2019 8/28/2019 Various     N Y Refinance/Acquisition 100,740 0 Springing     37,914 4,739 Cash   0 2,077 0 Cash   0
15.01 WAG - Knoxville, TN   8/28/2019 8/28/2019       N Y                                
15.02 WAG - Cincinnati, OH   8/28/2019 8/28/2019       N Y                                
15.03 WAG - Huntington, IN   8/28/2019 8/28/2019       N Y                                
15.04 CVS - Dublin, OH   8/28/2019 8/28/2019       N Y                                
15.05 CVS - Ashland, KY   8/28/2019 8/28/2019       N Y                                
15.06 WAG - Akron, OH   8/28/2019 8/28/2019       N Y                                
15.07 Rite Aid/PNC ATM - Dayton, OH   8/28/2019 8/28/2019       N Y                                
15.08 CVS - Bristol, VA   8/28/2019 8/28/2019       N Y                                
15.09 CVS - Bristol, TN   8/28/2019 8/28/2019       N Y                                
15.10 CVS - Evans, GA   8/28/2019 8/28/2019       N Y                                
15.11 WAG - Henderson, KY   8/28/2019 8/28/2019 7/16/2019     N Y                                
15.12 CVS - Summerfield, NC   8/28/2019 8/28/2019       N Y                                
15.13 Rite Aid - Hermitage, PA   8/28/2019 8/28/2019       N Y                                
16 Scripps Ranch Business Park- CA 3/31/2025 9/9/2019 8/27/2019   9/5/2019 10.0% N Y Acquisition 0 19,098 19,098 Cash   0 Springing     0 1,571; Springing 37,704 Cash   0
17 Platte Airpark Tech Campus   9/25/2019 9/25/2019       N Y Acquisition/Recapitalization 12,913 141,281 23,547 Cash   0 1,010 Cash   0 2,290 0 Cash   650,000
18 HIE & Candlewood Suites Portfolio   Various Various       N Y Refinance 0 66,083 22,028 Cash   39,869 5,696 Cash   0 12,269 0 Cash   0
18.01 Holiday Inn Express Grove City Outlet Center       7/29/2019 7/29/2019       N Y                                
18.02 Candlewood Suites Grove City Outlet Center      7/29/2019 7/29/2019       N Y                                
18.03 Holiday Inn Express & Suites Wadsworth   8/2/2019 8/1/2019       N Y                                
19 The Hamptons Apartments   8/6/2019 8/9/2019       N Y Acquisition 84,375 70,880 10,126 Cash   24,351 8,117 Cash   0 4,417 0 Cash   0
20 Hilton Garden Inn - Ft. Myers   7/16/2019 7/15/2019       N Y Acquisition 0 117,793 10,708 Cash   0 Springing     0 17,675 0 Cash   0
21 Washington Avenue Portfolio Various 9/26/2019 Various       N Y Refinance 52,188 574,346 57,435 Cash   31,531 15,765 Cash   0 1,563 37,507 Cash   0
21.01 Washington Avenue Properties 1/31/2031 9/26/2019 10/1/2019       N Y                                
21.02 319 Saint Emanuel   9/26/2019 9/25/2019       N Y                                
21.03 16210 Clay   9/26/2019 9/25/2019       N Y                                
22 River Club   9/23/2019 9/24/2019       N Y Refinance 15,000 52,462 13,115 Cash   36,746 3,062 Cash   0 3,577 0 Cash   0
23 Best Western Premier NYC Gateway   4/18/2019 4/23/2019       N Y Refinance 6,250 37,982 18,087 Cash   37,132 2,947 Cash   0 13,531 0 Cash   0
24 Helena & Tillamook Apartment Portfolio   8/27/2019 8/27/2019   8/27/2019 6.0% N Y Refinance 0 120,611 10,965 Cash   7,132 792 Cash   0 2,708; Springing 65,000 Cash   0
24.01 Helena Apartments   8/27/2019 8/27/2019   8/27/2019 6.0% N Y                                
24.02 Tillamook Street Apartments   8/27/2019 8/27/2019   8/27/2019 6.0% N Y                                
25 Hilltop Shopping Center   8/5/2019 7/5/2019   8/5/2019 7.0% N Y Acquisition 306,879 0 Springing     0 Springing     0 1,493; Springing 35,838 Cash   196,213
26 Westbrook Office Park III   10/15/2019 9/11/2019       N Y Acquisition 7,500 33,495 33,495 Cash   1,655 Springing Cash   0 2,709 162,537 Cash   200,000
27 Westlake Village I & II 3/31/2024 9/17/2019 9/17/2019       N Y Refinance 11,625 251,592 50,318 Cash   20,899 2,430 Cash   0 Springing 0     0
28 Morse Road Portfolio Various 8/21/2019 8/21/2019       N Y Refinance 0 107,075 9,734 Cash   11,091 941 Cash   0 1,379 49,663 Cash   0
28.01 Morse Plaza 1/31/2021 8/21/2019 8/21/2019       N Y                                
28.02 1607-1635 Morse Road 2/28/2030 8/21/2019 8/21/2019       N Y                                
29 SPS Vacaville II   9/6/2019 9/6/2019   9/6/2019 6.0% N Y Refinance 0 0 Springing     0 Springing     0 Springing 0     0
30 Campus Edge Apartments   3/15/2019 10/11/2019       N Y Refinance 0 147,908 14,791 Cash   0 Springing     0 2,400 0 Cash   0
31 Number 10 Main Apartments   8/20/2019 8/20/2019   8/29/2019 18.0% N Y Acquisition 14,188 62,507 15,627 Cash   15,341 5,114 Cash   1,000,000 2,333 0 Cash   0
32 Virginia Varsity Self Storage   8/26/2019 8/26/2019       N Y Refinance 0 14,475 2,895 Cash   553 553 Cash   0 748; Springing 26,928 Cash   0
33 Renaissance Square 1/31/2022 9/25/2019 9/25/2019       N Y Refinance 0 4,965 4,729 Cash   11,800 1,873 Cash   0 1,128 0 Cash   0
34 Shoppes of Cooper City 1/31/2026 9/17/2019 8/12/2019       N Y Acquisition 156,938 137,069 15,230 Cash   5,843 2,921 Cash   0 586 0 Cash   125,000
35 Mountain View & Evergreen MHC Portfolio   8/12/2019 Various       N Y Refinance/Acquisition 0 9,655 1,931 Cash   1,774 845 Cash   0 771 0 Cash   0
35.01 Mountain View Estates MHC   8/12/2019 8/9/2019       N Y                                
35.02 Evergreen Park MHC   8/12/2019 8/19/2019       N Y                                
36 Laurel Bay 8/31/2023 5/10/2019 5/8/2019   5/13/2019 6.0% N Y Acquisition 0 44,225 8,845 Cash   7,432 572 Cash   0 368 0 Cash   125,000
37 Apollo Point   6/24/2019 6/24/2019       N Y Refinance 0 10,239 5,120 Cash   5,393 1,172 Cash   0 1,000 0 Cash   0
38 Toledo Shopping Center 5/31/2024 9/5/2019 9/4/2019       N Y Refinance 0 100,827 Springing Cash   0 Springing     0 540 0 Cash   150,000
39 Beacon Center Office Park 1/31/2022 9/4/2019 9/4/2019       N Y Acquisition 15,030 94,166 8,561 Cash   24,238 4,040 Cash   0 1,859 0 Cash   100,000
40 CIRE Equity Retail & Industrial Portfolio Various 4/12/2019 4/12/2019 Various Various Various Various Y Refinance 171,330 323,078 161,539 Cash   0 Springing     301,104 20,994 0 Cash   589,027
40.01 Wood Village Town Center 1/31/2020 4/12/2019 4/12/2019   4/12/2019 7.0% N Y                                
40.02 Pecan Promenade 6/30/2026 4/12/2019 4/12/2019       N Y                                
40.03 Valley Plaza 8/31/2021 4/12/2019 4/12/2019       N Y                                
40.04 Pear Tree 1/31/2021 4/12/2019 4/12/2019   4/12/2019 17.0% N Y                                
40.05 Glendale Market Square 4/30/2024 4/12/2019 4/12/2019       N Y                                
40.06 Central Park Shopping Center 5/31/2021 4/12/2019 4/12/2019 6/6/2013     N Y                                
40.07 Val Vista Towne Center 11/30/2019 4/12/2019 4/12/2019       N Y                                
40.08 2641 Hall Ave - Riverside, CA   4/12/2019 4/12/2019   4/12/2019 14.0% N Y                                
40.09 606 W Troy - Indianapolis, IN   4/12/2019 4/12/2019       N Y                                
40.10 Homeland - Bartow, FL   4/12/2019 4/12/2019       N Y                                
40.11 2621 Hall Ave - Riverside, CA   4/12/2019 4/12/2019   4/12/2019 11.0% N Y                                
41 Security Public Storage - Baltimore   9/6/2019 9/6/2019       N Y Refinance 0 0 Springing     0 Springing     0 Springing 0     0
42 Comfort Suites at The University   9/24/2019 9/24/2019       N Y Refinance 0 29,259 2,760 Cash   20,215 4,394 Cash   0 7,218 0 Cash   0
43 Batavia Self Storage   10/4/2019 10/17/2019   9/20/2019 11.0% N Y Refinance 0 2,982 2,840 Cash   714 680 Cash   32,500 1,127 0 Cash   0
44 Bent Palms Apartments   9/20/2019 9/23/2019       N Y Refinance 0 5,456 5,196 Cash   12,757 2,025 Cash   0 563 0 Cash   0

 

 A-1-6

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name Monthly TI/LC Reserve ($) TI/LC Reserve Cap ($)(16) TI/LC Escrow - Cash or LoC TI/LC Escrow - LoC Counterparty Debt Service Escrow (Initial) ($) Debt Service Escrow (Monthly) ($) Debt Service Escrow - Cash or LoC Debt Service Escrow - LoC Counterparty Other Escrow I Reserve Description(6)(9)(15) Other Escrow I (Initial) ($)(6)(9)(15)
1 Continental Park - Rosecrans Douglas 17,168 500,000 Cash   0 0       0
2 West Bountiful Commons 13,244 0 Cash   0 0     Unfunded TI/LC 77,025
3 Torrey Ridge Apartments 0 0     0 0     Tax Lien Reserve 9,147
4 74 Kent Street & 11-20 46th Road 0 0     0 0     TCO Reserve 3,000,000
4.01 74 Kent Street                    
4.02 11-20 46th Road                    
5 77 Clinton Avenue 25,000 4,000,000 Cash   0 0     Rent Reserve 771,667
6 Takoma Metro Center 13,207 0 Cash   0 0     Montessori Expansion Reserve 600,000
7 The Tower at Burbank Springing 490,807     0 0     Existing TI/LC Obligations Reserve 15,934,738
8 Planet Self Storage Portfolio 0 0     0 0       0
8.01 Prime Storage - Somerville                    
8.02 Prime Storage - Newington                    
8.03 Prime Storage - Washington                    
8.04 Prime Storage - Brookfield                    
8.05 Prime Storage - Quakertown                    
8.06 Prime Storage - Hyde Park                    
8.07 Prime Storage - Phillipsburg                    
8.08 Prime Storage - New Milford                    
8.09 Prime Storage - Fairless Hills                    
8.10 Prime Storage - Clinton                    
8.11 Prime Storage - Lindenwold                    
9 The District at Tuttle 0 0     0 0       0
10 730 Arizona Avenue 6,005; Springing 216,165 Cash   0 0       0
11 Phoenix Industrial Portfolio II 199,221 1,500,000 Cash   0 0       0
11.01 Flint                    
11.02 Beloit                    
11.03 DuBois                    
11.04 Jefferson                    
11.05 Huntsville                    
12 North & Sheffield 0 0     0 0     Existing TI/LC Obligations Reserve 24,017
13 Global Payments, Inc. 0 0     0 0     Lease Sweep Reserve 0
14 Somerset Park at Union 0 0     0 0       0
15 NMR Pharmacy Portfolio 5,525 0 Cash   0 0     Hermitage HVAC Reserve 30,172
15.01 WAG - Knoxville, TN                    
15.02 WAG - Cincinnati, OH                    
15.03 WAG - Huntington, IN                    
15.04 CVS - Dublin, OH                    
15.05 CVS - Ashland, KY                    
15.06 WAG - Akron, OH                    
15.07 Rite Aid/PNC ATM - Dayton, OH                    
15.08 CVS - Bristol, VA                    
15.09 CVS - Bristol, TN                    
15.10 CVS - Evans, GA                    
15.11 WAG - Henderson, KY                    
15.12 CVS - Summerfield, NC                    
15.13 Rite Aid - Hermitage, PA                    
16 Scripps Ranch Business Park- CA 8,640; Springing 311,040 Cash   0 0     Rent Concession Reserve 35,800
17 Platte Airpark Tech Campus 11,452 1,250,000 Cash   0 0     Outstanding TI/LC Reserve 630,327
18 HIE & Candlewood Suites Portfolio 0 0     0 0     PIP Reserve 3,760,000
18.01 Holiday Inn Express Grove City Outlet Center                        
18.02 Candlewood Suites Grove City Outlet Center                       
18.03 Holiday Inn Express & Suites Wadsworth                    
19 The Hamptons Apartments 0 0     0 0     Renovation Reserve 2,113,870
20 Hilton Garden Inn - Ft. Myers 0 0     0 0     PIP Reserve 2,406,000
21 Washington Avenue Portfolio 8,333 300,000 Cash   0 0     Unoccupied Premises Rollover Reserve 595,458
21.01 Washington Avenue Properties                    
21.02 319 Saint Emanuel                    
21.03 16210 Clay                    
22 River Club 0 0     0 0       0
23 Best Western Premier NYC Gateway 0 0     0 0     Seasonality Reserve 120,000
24 Helena & Tillamook Apartment Portfolio 0 0     0 0     Upfront Reseve 351,250
24.01 Helena Apartments                    
24.02 Tillamook Street Apartments                    
25 Hilltop Shopping Center 5,450 196,213 Cash   0 0       0
26 Westbrook Office Park III 6,567 550,000 Cash   0 0       0
27 Westlake Village I & II Springing 0     0 0     Rent Concession Funds 45,138
28 Morse Road Portfolio 4,598 0 Cash   0 0     Condominium Common Charge Reserve 9,679
28.01 Morse Plaza                    
28.02 1607-1635 Morse Road                    
29 SPS Vacaville II 0 0     0 0       0
30 Campus Edge Apartments 0 0     0 0       0
31 Number 10 Main Apartments 0 0     0 0     Short Term CapEx Reserve ($500,000.00); Subordinate City Loan Reserve ($88,000.00) 588,000
32 Virginia Varsity Self Storage 0 0     0 0       0
33 Renaissance Square 5,588 150,000 Cash   0 0     Unfunded TI/LC 474,001
34 Shoppes of Cooper City $3,659.25 commencing on May 6, 2022 or when the TI/LC reserve balance is less than $75,000 0 Cash   0 0       0
35 Mountain View & Evergreen MHC Portfolio 0 0     0 0       0
35.01 Mountain View Estates MHC                    
35.02 Evergreen Park MHC                    
36 Laurel Bay 1,472 125,000 Cash   0 0     Condominium Common Charges 10,179
37 Apollo Point 0 0     0 0     Condominium Common Charge Funds 5,985
38 Toledo Shopping Center 3,000 100,000 Cash   0 0       0
39 Beacon Center Office Park 9,295 550,000 Cash   0 0     Helping Heart Free Rent Reserve 3,078
40 CIRE Equity Retail & Industrial Portfolio 87,423 0 Cash   0 0     Rent Concession Funds 52,244
40.01 Wood Village Town Center                    
40.02 Pecan Promenade                    
40.03 Valley Plaza                    
40.04 Pear Tree                    
40.05 Glendale Market Square                    
40.06 Central Park Shopping Center                    
40.07 Val Vista Towne Center                    
40.08 2641 Hall Ave - Riverside, CA                    
40.09 606 W Troy - Indianapolis, IN                    
40.10 Homeland - Bartow, FL                    
40.11 2621 Hall Ave - Riverside, CA                    
41 Security Public Storage - Baltimore 0 0     0 0       0
42 Comfort Suites at The University 0 0     0 0     Seasonality Funds 91,488
43 Batavia Self Storage 0 0     0 0       0
44 Bent Palms Apartments 0 0     0 0       0

 

 A-1-7

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name Other Escrow I (Monthly) ($) Other Escrow I Cap ($) Other Escrow I Escrow - Cash or LoC Other  Escrow I - LoC Counterparty
1 Continental Park - Rosecrans Douglas 0 0    
2 West Bountiful Commons $99,250 until March 2020 0 Cash  
3 Torrey Ridge Apartments 0 0 Cash  
4 74 Kent Street & 11-20 46th Road 0 0 Cash  
4.01 74 Kent Street        
4.02 11-20 46th Road        
5 77 Clinton Avenue 0 0 Cash  
6 Takoma Metro Center 0 0 Cash  
7 The Tower at Burbank 0 0 Cash  
8 Planet Self Storage Portfolio 0 0    
8.01 Prime Storage - Somerville        
8.02 Prime Storage - Newington        
8.03 Prime Storage - Washington        
8.04 Prime Storage - Brookfield        
8.05 Prime Storage - Quakertown        
8.06 Prime Storage - Hyde Park        
8.07 Prime Storage - Phillipsburg        
8.08 Prime Storage - New Milford        
8.09 Prime Storage - Fairless Hills        
8.10 Prime Storage - Clinton        
8.11 Prime Storage - Lindenwold        
9 The District at Tuttle 0 0    
10 730 Arizona Avenue 0 0    
11 Phoenix Industrial Portfolio II 0 0    
11.01 Flint        
11.02 Beloit        
11.03 DuBois        
11.04 Jefferson        
11.05 Huntsville        
12 North & Sheffield 0 0 Cash  
13 Global Payments, Inc. Springing 2,704,764    
14 Somerset Park at Union 0 0    
15 NMR Pharmacy Portfolio 0 0 Cash  
15.01 WAG - Knoxville, TN        
15.02 WAG - Cincinnati, OH        
15.03 WAG - Huntington, IN        
15.04 CVS - Dublin, OH        
15.05 CVS - Ashland, KY        
15.06 WAG - Akron, OH        
15.07 Rite Aid/PNC ATM - Dayton, OH        
15.08 CVS - Bristol, VA        
15.09 CVS - Bristol, TN        
15.10 CVS - Evans, GA        
15.11 WAG - Henderson, KY        
15.12 CVS - Summerfield, NC        
15.13 Rite Aid - Hermitage, PA        
16 Scripps Ranch Business Park- CA 0 0 Cash  
17 Platte Airpark Tech Campus 0 0 Cash  
18 HIE & Candlewood Suites Portfolio Springing 820,000 Cash  
18.01 Holiday Inn Express Grove City Outlet Center            
18.02 Candlewood Suites Grove City Outlet Center           
18.03 Holiday Inn Express & Suites Wadsworth        
19 The Hamptons Apartments 0 0 Cash  
20 Hilton Garden Inn - Ft. Myers 0 0 LoC U.S. Bank National Association
21 Washington Avenue Portfolio 0 0 Cash  
21.01 Washington Avenue Properties        
21.02 319 Saint Emanuel        
21.03 16210 Clay        
22 River Club 0 0    
23 Best Western Premier NYC Gateway Springing 0 Cash  
24 Helena & Tillamook Apartment Portfolio 0 0 Cash  
24.01 Helena Apartments        
24.02 Tillamook Street Apartments        
25 Hilltop Shopping Center 0 0    
26 Westbrook Office Park III 0 0    
27 Westlake Village I & II 0 0 Cash  
28 Morse Road Portfolio 4,840 0 Cash  
28.01 Morse Plaza        
28.02 1607-1635 Morse Road        
29 SPS Vacaville II 0 0    
30 Campus Edge Apartments 0 0    
31 Number 10 Main Apartments Springing 0 Cash  
32 Virginia Varsity Self Storage 0 0    
33 Renaissance Square 0 0 Cash  
34 Shoppes of Cooper City 0 0    
35 Mountain View & Evergreen MHC Portfolio 0 0    
35.01 Mountain View Estates MHC        
35.02 Evergreen Park MHC        
36 Laurel Bay 5,090 0 Cash  
37 Apollo Point On each month payment, Borrower shall deposit with the Lender an amount equal to one-twelfth of the Condominium Common Charges that the Lender estimates will be payable during the ensuing twelve months in order to accumulate sufficient funds to pay all such Condominium Common Charges at least thirty days prior to their respective due dates. 0 Cash  
38 Toledo Shopping Center 0 0    
39 Beacon Center Office Park 0 0 Cash  
40 CIRE Equity Retail & Industrial Portfolio 5,887 0 Cash  
40.01 Wood Village Town Center        
40.02 Pecan Promenade        
40.03 Valley Plaza        
40.04 Pear Tree        
40.05 Glendale Market Square        
40.06 Central Park Shopping Center        
40.07 Val Vista Towne Center        
40.08 2641 Hall Ave - Riverside, CA        
40.09 606 W Troy - Indianapolis, IN        
40.10 Homeland - Bartow, FL        
40.11 2621 Hall Ave - Riverside, CA        
41 Security Public Storage - Baltimore 0 0    
42 Comfort Suites at The University Springing 0 Cash  
43 Batavia Self Storage 0 0    
44 Bent Palms Apartments 0 0    

 

 A-1-8

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name Other Escrow II Reserve Description(6)(9) Other Escrow II (Initial) ($)(6)(9) Other Escrow II (Monthly) ($) Other Escrow II Cap ($) Other Escrow II Escrow - Cash or LoC Other  Escrow II - LoC Counterparty Holdback(7) Ownership Interest Ground Lease Initial Expiration Date Annual Ground Rent Payment Annual Ground Rent Increases Lockbox Whole Loan Cut-off Date Balance ($) Whole Loan Debt Service ($) Subordinate Secured Debt Original Balance ($)
1 Continental Park - Rosecrans Douglas   0 0 0       Fee       Springing      
2 West Bountiful Commons   0 0 0       Fee       Springing      
3 Torrey Ridge Apartments   0 0 0       Fee       Soft/Springing Cash Management      
4 74 Kent Street & 11-20 46th Road Free Rent Resere for TheraCare ($1,302,187.5), Outstanding TI/LC Funds ($2,290,825.5) 3,593,013 0 0 Cash   2,000,000 Fee       Hard/Springing Cash Management      
4.01 74 Kent Street             2,000,000 Fee              
4.02 11-20 46th Road             2,000,000 Fee              
5 77 Clinton Avenue   0 0 0       Fee       Hard/Springing Cash Management      
6 Takoma Metro Center Free Rent Reserve 71,794 0 0 Cash     Fee       Hard/Springing Cash Management      
7 The Tower at Burbank Free Rent Obligations 0 Springing 0       Fee       Hard/Springing Cash Management      
8 Planet Self Storage Portfolio   0 0 0       Fee       Springing      
8.01 Prime Storage - Somerville               Fee              
8.02 Prime Storage - Newington               Fee              
8.03 Prime Storage - Washington               Fee              
8.04 Prime Storage - Brookfield               Fee              
8.05 Prime Storage - Quakertown               Fee              
8.06 Prime Storage - Hyde Park               Fee              
8.07 Prime Storage - Phillipsburg               Fee              
8.08 Prime Storage - New Milford               Fee              
8.09 Prime Storage - Fairless Hills               Fee              
8.10 Prime Storage - Clinton               Fee              
8.11 Prime Storage - Lindenwold               Fee              
9 The District at Tuttle   0 0 0       Fee       Soft/Springing Cash Management      
10 730 Arizona Avenue   0 0 0       Fee       Hard/Upfront Cash Management      
11 Phoenix Industrial Portfolio II   0 0 0       Fee       Hard/Springing Cash Management      
11.01 Flint               Fee              
11.02 Beloit               Fee              
11.03 DuBois               Fee              
11.04 Jefferson               Fee              
11.05 Huntsville               Fee              
12 North & Sheffield   0 0 0       Fee       Soft/Springing Cash Management      
13 Global Payments, Inc.   0 0 0       Fee       Springing      
14 Somerset Park at Union   0 0 0     1,500,000 Fee       Springing      
15 NMR Pharmacy Portfolio   0 0 0       Fee       Hard/Springing Cash Management      
15.01 WAG - Knoxville, TN               Fee              
15.02 WAG - Cincinnati, OH               Fee              
15.03 WAG - Huntington, IN               Fee              
15.04 CVS - Dublin, OH               Fee              
15.05 CVS - Ashland, KY               Fee              
15.06 WAG - Akron, OH               Fee              
15.07 Rite Aid/PNC ATM - Dayton, OH               Fee              
15.08 CVS - Bristol, VA               Fee              
15.09 CVS - Bristol, TN               Fee              
15.10 CVS - Evans, GA               Fee              
15.11 WAG - Henderson, KY               Fee              
15.12 CVS - Summerfield, NC               Fee              
15.13 Rite Aid - Hermitage, PA               Fee              
16 Scripps Ranch Business Park- CA Existing TI/LC Reserve ($76,085) / Springing Tenant Reserve 76,085 Springing 0 Cash     Fee       Springing      
17 Platte Airpark Tech Campus   0 0 0       Fee       Hard/Springing Cash Management      
18 HIE & Candlewood Suites Portfolio Seasonality Reserve 215,000 Springing 0 Cash     Fee       Springing      
18.01 Holiday Inn Express Grove City Outlet Center                   Fee              
18.02 Candlewood Suites Grove City Outlet Center                  Fee              
18.03 Holiday Inn Express & Suites Wadsworth               Fee              
19 The Hamptons Apartments   0 0 0     1,480,000 Fee       Soft/Springing Cash Management      
20 Hilton Garden Inn - Ft. Myers Seasonality Reserve 0 Springing 0       Fee       Hard/Springing Cash Management      
21 Washington Avenue Portfolio Pub Heights Case Reserve 250,000 0 0 Cash     Fee       Hard/Springing Cash Management      
21.01 Washington Avenue Properties               Fee              
21.02 319 Saint Emanuel               Fee              
21.03 16210 Clay               Fee              
22 River Club   0 0 0       Fee       Springing      
23 Best Western Premier NYC Gateway   0 0 0       Fee       Springing      
24 Helena & Tillamook Apartment Portfolio Gap Rent Reserve 49,389 0 0 Cash     Fee       Springing      
24.01 Helena Apartments               Fee              
24.02 Tillamook Street Apartments               Fee              
25 Hilltop Shopping Center   0 0 0       Fee       Springing      
26 Westbrook Office Park III   0 0 0       Fee       Springing      
27 Westlake Village I & II   0 0 0       Fee       Springing      
28 Morse Road Portfolio Unfunded Obligations Reserve 235,142 0 0 Cash     Fee       Hard/Springing Cash Management      
28.01 Morse Plaza               Fee              
28.02 1607-1635 Morse Road               Fee              
29 SPS Vacaville II   0 0 0       Fee       None      
30 Campus Edge Apartments   0 0 0       Fee       Springing      
31 Number 10 Main Apartments Preferred Equity Reserve 6,250 6,250 0 Cash     Fee       Soft/Upfront Cash Management 11,000,000 33,279 3,000,000
32 Virginia Varsity Self Storage   0 0 0       Fee       None      
33 Renaissance Square Free Rent Reserve 203,374 0 0 Cash     Fee       Hard/Springing Cash Management      
34 Shoppes of Cooper City   0 0 0       Fee       Hard/Springing Cash Management      
35 Mountain View & Evergreen MHC Portfolio   0 0 0       Fee       Springing      
35.01 Mountain View Estates MHC               Fee              
35.02 Evergreen Park MHC               Fee              
36 Laurel Bay   0 0 0       Fee       Springing      
37 Apollo Point   0 0 0       Fee       Springing      
38 Toledo Shopping Center   0 0 0       Fee       Springing      
39 Beacon Center Office Park   0 0 0       Fee       Springing      
40 CIRE Equity Retail & Industrial Portfolio   0 0 0       Fee       Hard/Springing Cash Management      
40.01 Wood Village Town Center               Fee              
40.02 Pecan Promenade               Fee              
40.03 Valley Plaza               Fee              
40.04 Pear Tree               Fee              
40.05 Glendale Market Square               Fee              
40.06 Central Park Shopping Center               Fee              
40.07 Val Vista Towne Center               Fee              
40.08 2641 Hall Ave - Riverside, CA               Fee              
40.09 606 W Troy - Indianapolis, IN               Fee              
40.10 Homeland - Bartow, FL               Fee              
40.11 2621 Hall Ave - Riverside, CA               Fee              
41 Security Public Storage - Baltimore   0 0 0       Fee       None      
42 Comfort Suites at The University Comfort Letter Funds; PIP Funds 2,000 Springing 0 Cash     Fee       Hard/Springing Cash Management      
43 Batavia Self Storage   0 0 0       Fee       Springing      
44 Bent Palms Apartments   0 0 0       Fee       Springing      

 

 A-1-9

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name Subordinate Secured Debt Cut-off Date Balance ($) Whole Loan U/W NOI DSCR (x) Whole Loan U/W NCF DSCR (x) Whole Loan Cut-off Date LTV Ratio Whole Loan Cut-off Date U/W NOI Debt Yield Whole Loan Cut-off Date U/W NCF Debt Yield Mezzanine Debt Cut-off Date Balance($) Sponsor Affiliated Sponsors Mortgage Loan Number
1 Continental Park - Rosecrans Douglas               Continental Development Corporation   1
2 West Bountiful Commons               John R. Thackeray; Armand D. Johansen   2
3 Torrey Ridge Apartments               Patrick De La Torre   3
4 74 Kent Street & 11-20 46th Road               Simeon Derenshteyn; Elena Gilman   4
4.01 74 Kent Street                   4.01
4.02 11-20 46th Road                   4.02
5 77 Clinton Avenue               Abraham Leser; Edith Leser   5
6 Takoma Metro Center               Norman Jemal   6
7 The Tower at Burbank               BPP Burbank Holdings LLC   7
8 Planet Self Storage Portfolio               Robert Moser   8
8.01 Prime Storage - Somerville                   8.01
8.02 Prime Storage - Newington                   8.02
8.03 Prime Storage - Washington                   8.03
8.04 Prime Storage - Brookfield                   8.04
8.05 Prime Storage - Quakertown                   8.05
8.06 Prime Storage - Hyde Park                   8.06
8.07 Prime Storage - Phillipsburg                   8.07
8.08 Prime Storage - New Milford                   8.08
8.09 Prime Storage - Fairless Hills                   8.09
8.10 Prime Storage - Clinton                   8.10
8.11 Prime Storage - Lindenwold                   8.11
9 The District at Tuttle             4,000,000 Scott W. Coy; Brian G. Uffelman   9
10 730 Arizona Avenue               David Orenstein   10
11 Phoenix Industrial Portfolio II               Phoenix Investors   11
11.01 Flint                   11.01
11.02 Beloit                   11.02
11.03 DuBois                   11.03
11.04 Jefferson                   11.04
11.05 Huntsville                   11.05
12 North & Sheffield               Jeffrey J. Feil   12
13 Global Payments, Inc.               BSPRT CRE Equity, LLC   13
14 Somerset Park at Union               Gerald Lee Nudo; Laurence H. Weiner; Marc Kulick   14
15 NMR Pharmacy Portfolio             8,500,000 Moshe Shovtiel Rudich   15
15.01 WAG - Knoxville, TN             1,399,292     15.01
15.02 WAG - Cincinnati, OH             1,003,695     15.02
15.03 WAG - Huntington, IN             843,318     15.03
15.04 CVS - Dublin, OH             676,258     15.04
15.05 CVS - Ashland, KY             640,173     15.05
15.06 WAG - Akron, OH             609,434     15.06
15.07 Rite Aid/PNC ATM - Dayton, OH             555,975     15.07
15.08 CVS - Bristol, VA             523,899     15.08
15.09 CVS - Bristol, TN             510,535     15.09
15.10 CVS - Evans, GA             502,516     15.10
15.11 WAG - Henderson, KY             439,701     15.11
15.12 CVS - Summerfield, NC             437,028     15.12
15.13 Rite Aid - Hermitage, PA             358,176     15.13
16 Scripps Ranch Business Park- CA               David B. Dollinger   16
17 Platte Airpark Tech Campus               Dmitry Gordeev; Abraham Ausch   17
18 HIE & Candlewood Suites Portfolio               Robert Leatherman; Phyllis Leatherman   18
18.01 Holiday Inn Express Grove City Outlet Center                       18.01
18.02 Candlewood Suites Grove City Outlet Center                      18.02
18.03 Holiday Inn Express & Suites Wadsworth                   18.03
19 The Hamptons Apartments               MogulREIT I, LLC; Jilliene Helman   19
20 Hilton Garden Inn - Ft. Myers               Richard L. LaFrance   20
21 Washington Avenue Portfolio               Vinod Kewalramani   21
21.01 Washington Avenue Properties                   21.01
21.02 319 Saint Emanuel                   21.02
21.03 16210 Clay                   21.03
22 River Club               Yshia David Willner; Moshe Y. Wagner   22
23 Best Western Premier NYC Gateway               Tansukh R. Suratwala; Jugmohan R. Suratwala   23
24 Helena & Tillamook Apartment Portfolio               Dennis Erick Sackhoff; Dennis Erick Sackhoff Revocable Trust   24
24.01 Helena Apartments                   24.01
24.02 Tillamook Street Apartments                   24.02
25 Hilltop Shopping Center               Stephen B. Jaeger   25
26 Westbrook Office Park III               Brian C. Adams; Abhishek Mathur   26
27 Westlake Village I & II               Katherine A. Roche Marital Trust; Katherine A. Roche   27
28 Morse Road Portfolio               Mina L. Dioun   28
28.01 Morse Plaza                   28.01
28.02 1607-1635 Morse Road                   28.02
29 SPS Vacaville II               Benjamin D. Eisler and Shirley E. Eisler, individually and as Co-Trustees of the Eisler Revocable Trust; Michael B. Eisler, individually and as Trustee of the Michael Bradley Eisler Revocable Trust Y - Group 1 29
30 Campus Edge Apartments               Francis Greenburger   30
31 Number 10 Main Apartments 3,000,000 2.18 2.11 84.6% 7.9% 7.7%   Akinjide A. Famuagun   31
32 Virginia Varsity Self Storage               John D. Lugar   32
33 Renaissance Square               Steven Usdan   33
34 Shoppes of Cooper City               Andrew Perkins   34
35 Mountain View & Evergreen MHC Portfolio               John P. Briggs; Julio C. Jaramillo   35
35.01 Mountain View Estates MHC                   35.01
35.02 Evergreen Park MHC                   35.02
36 Laurel Bay               Paragon Management Company, LLC   36
37 Apollo Point               Gregory Sarangoulis   37
38 Toledo Shopping Center               Steven Halegua   38
39 Beacon Center Office Park               Ahmed Al-Khatib   39
40 CIRE Equity Retail & Industrial Portfolio               Josh Volen; Trevor Smith; CIRE OpCo I, LLC   40
40.01 Wood Village Town Center                   40.01
40.02 Pecan Promenade                   40.02
40.03 Valley Plaza                   40.03
40.04 Pear Tree                   40.04
40.05 Glendale Market Square                   40.05
40.06 Central Park Shopping Center                   40.06
40.07 Val Vista Towne Center                   40.07
40.08 2641 Hall Ave - Riverside, CA                   40.08
40.09 606 W Troy - Indianapolis, IN                   40.09
40.10 Homeland - Bartow, FL                   40.10
40.11 2621 Hall Ave - Riverside, CA                   40.11
41 Security Public Storage - Baltimore               Benjamin D. Eisler and Shirley E. Eisler, individually and as Co-Trustees of the Eisler Revocable Trust; Michael B. Eisler, individually and as Trustee of the Michael Bradley Eisler Revocable Trust Y - Group 1 41
42 Comfort Suites at The University               John W. Gandy   42
43 Batavia Self Storage               Michael Kuphal; Belinda Metz   43
44 Bent Palms Apartments               Kandarp Acharya; Amit Wadhwa; Salil Ray; Guarang Parekh   44

 

 A-1-10

 

 

          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) "AREF" denotes Argentic Real Estate Finance LLC,  “WFB” denotes Wells Fargo Bank, National Association, "RMF" denotes Rialto Mortgage Finance, LLC, "BSPRT" denotes BSPRT CMBS Finance, LLC and "UBS AG" denotes UBS AG, by and through its branch office at 1285 Avenue of the Americas, New York, New York.
                           
(2) For mortgage loan #1 (Continental Park - Rosecrans Douglas), the Number of Units includes 199,725 square feet of office space and 6,287 square feet of retail space.
                           
  For mortgage loan #6 (Takoma Metro Center), the Number of Units includes 105,124 square feet of flex space, 75,912 square feet of office space and 17,071 square feet of retail space.
                           
  For mortgage loan #21 (Washington Avenue Portfolio), the Number of Units includes 69,885 square feet of industrial space, 41,562 square feet of retail space and 13,577 square feet of office space.
                           
  For mortgage loan #36 (Laurel Bay), the Number of Units includes 9,748 square feet of office space and 7,912 square feet of retail space.
                           
  For mortgage loan #38 (Toledo Shopping Center), the Number of Units includes 22,500 square feet of retail space and 13,500 square feet of office space.
                           
  For mortgage loan #40 (CIRE Equity Retail & Industrial Portfolio), the Number of Units includes 1,049,075 square feet of retail space and 141,280 square feet of industrial space.
                           
(3) For mortgage loan #7 (The Tower at Burbank), the mortgage loan represents Note A-3, one of three pari passu notes, which have a combined Cut-off Date Balance of $195,000,000. Notes A-1 and A-2 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented are based on all notes in the aggregate (the "The Tower at Burbank Whole Loan"). Note A-3 represents a non-controlling interest in The Tower at Burbank Whole Loan.
                           
  For mortgage loan #8 (Planet Self Storage Portfolio), the mortgage loan represents Notes A-2 and A-4, two of four pari passu notes, which have a combined Cut-off Date Balance of $70,000,000. Notes A-1 and A-3 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented are based on Notes A-1, A-2, A-3 and A-4 in the aggregate (the "Planet Self Storage Portfolio Whole Loan"). Notes A-2 and A-4 represent the non-controlling interests in the Planet Self Storage Portfolio Whole Loan.
                           
  For mortgage loan #11 (Phoenix Industrial Portfolio II) the mortgage loan represents Notes A-3 and A-4, two of six pari passu notes, which have a combined Cut-off Date Balance of $68,000,000. Notes A-1, A-2, A-5 and A-6 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented are based on Notes A-1, A-2, A-3, A-4, A-5 and A-6 in the aggregate (the “Phoenix Industrial Portfolio II Whole Loan”). Notes A-3 and A-4 represent non-controlling interests in the Phoenix Industrial Portfolio II Whole Loan.  
                           
  For mortgage loan #13 (Global Payments, Inc.), the mortgage loan represents Note A-1, one of two pari passu notes, which have a combined Cut-off Date Balance of $29,167,000. Note A-2 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented are based on all notes in the aggregate (the "Global Payments, Inc. Whole Loan"). Note A-1 represents a controlling interest in the Global Payments, Inc. Whole Loan.
                           
  For mortgage loan #15 (NMR Pharmacy Portfolio), the mortgage loan represents Note A-1, one of two pari passu notes, which have a combined Cut-off Date Balance of $31,800,000. Note A-2 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures

 A-1-11

 

  presented are based on all notes in the aggregate (the "NMR Pharmacy Portfolio Whole Loan"). Note A-1 represents a controlling interest in the NMR Pharmacy Portfolio Whole Loan.
   
  For mortgage loan #21 (Washington Avenue Portfolio), the mortgage loan represents Note A-2, one of two pari passu notes, which have a combined Cut-off Date Balance of $39,000,000. Note A-1 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the "Washington Avenue Portfolio Whole Loan"). Note A-2 represents a non-controlling interest in the Washington Avenue Portfolio Whole Loan.
                           
  For mortgage loan #40 (CIRE Equity Retail & Industrial Portfolio), the mortgage loan represents Note A-5-2, one of eight pari passu notes, which have a combined Cut-off Date Balance of $128,600,000. Notes A-1, A-2-1, A-2-2, A-3, A-4, A-5-1 and A-6 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented are based on Notes A-1, A-2-1, A-2-2, A-3, A-4, A-5-1, A-5-2 and A-6 in the aggregate (the “CIRE Equity Retail & Industrial Portfolio Whole Loan”). Note A-5-2 represents a non-controlling interest in the CIRE Equity Retail & Industrial Portfolio Whole Loan.  
                           
(4) For mortgage loan #13 (Global Payments, Inc.), the Global Payments, Inc. Whole Loan is structured with an anticipated repayment date of November 6, 2029 (the “ARD”) and a stated maturity date of November 6, 2034. The monthly debt service payments are based on an initial interest rate of 3.8500%, and are interest-only through and including the ARD. Commencing on December 6, 2029 and each payment date thereafter, the Global Payments, Inc. Whole Loan will accrue interest at a rate of 6.3500%. In addition, to the extent that there is excess cash flow after the payment of reserves, the excess cash flow will be applied as described in the mortgage loan documents.
                           
(5) For mortgage loan #7 (The Tower at Burbank), the mortgage loan documents allow for a partial prepayment, subject to yield maintenance, at any time throughout the mortgage loan term.
                           
(6) For mortgage loan #4 (74 Kent Street & 11-20 46th Road), the Appraised Value presented is the sum of the appraised value of each mortgaged property. The “As-Is” appraised value of $24,700,000 as of July 16, 2019 for the 74 Kent Street mortgaged property includes the extraordinary assumption that approximately $1,100,100 of outstanding tenant improvements has been funded.  At origination, the borrower escrowed $1,117,345 in related leasing cost expenses. The “as complete” appraised value of $24,300,000 as of December 1, 2019 for the 11-20 46th Road mortgaged property assumes, among other things, that construction of the improvements will be completed on time and within budget.
                           
  For mortgage loan #5 (77 Clinton Avenue), the Appraised Value presented represents the “As-Stabilized” value as of October 1, 2020, which assumes the sole tenant, New York City Department of Education ("NYCDOE"), is paying the increased rental rate under its renewal lease effective in September 2020.  At origination, the borrower deposited $771,667 into a renewal rent reserve, which represents the difference between the in place rental rate and the renewal lease rental rate from the origination date through September 2020.
                           
  For mortgage loan #6 (Takoma Metro Center), the Appraised Value is based on the “As-Is (No Free Rent)” appraised value of $39,600,000, which assumes no free rent for the Breakthrough Montessori PCR expansion space of 25,559 square feet. At origination, $600,000 was reserved for concessions related to the Breakthrough Montessori PCS expansion space, which space is currently occupied by A. Salon LTD.   The “As-Is” appraised value for the mortgaged property is $39,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $39,000,000 “As-Is” appraised value are 70.8% and 70.8%, respectively.
                           
  For mortgage loan #8 (Planet Self Storage Portfolio), the Appraised Value reflects an "as-bulk" appraised value, which includes a diversity premium based on an assumption that all of the mortgaged properties would be sold together as a portfolio. The Appraised Value assuming no portfolio level diversity premium is $96,350,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD assuming the $96,350,000 value are 72.7% and 72.7%, respectively.
                           

 A-1-12

 

  For mortgage loan #15 (NMR Pharmacy Portfolio), the Appraised Value reflects an "as-bulk" appraised value, which includes a diversity premium based on an assumption that all of the mortgaged properties would be sold together as a portfolio. The Appraised Value assuming no portfolio level diversity premium is $47,645,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD assuming the $47,645,000 value are 66.7% and 66.7%, respectively.
                           
  For mortgage loan #18 (HIE & Candlewood Suites Portfolio), the Appraised Value represents the sum of the “As-Is” value for the Candlewood Suites Grove City Outlet Center mortgaged property and the “As-Stabilized” values for the Holiday Inn Express Grove City Outlet Center mortgaged property and the Holiday Inn Express & Suites Wadsworth mortgaged property.  The respective “As-Stabilized” values for the Holiday Inn Express Grove City Outlet Center mortgaged property and the Holiday Inn Express & Suites Wadsworth mortgaged property assume that each mortgaged property completes the related franchise-required renovation plans by the valuation date.  At origination, the borrower deposited $3,760,000 into a property improvement plan reserve for the related renovations.
                           
  For mortgage loan #20 (Hilton Garden Inn - Ft. Myers), the Appraised Value assumes the outstanding property improvement plan (“PIP”) expected to be completed in July 2020, has been completed. All outstanding PIP cost have been reserved. The appraised value assuming the PIP is not completed is $18,700,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $18,700,000 appraised value are 76.0% and 61.1%, respectively.
                           
  For mortgage loan #40 (CIRE Equity Retail & Industrial Portfolio), the Appraised Value with respect to the whole loan is based on the “As-Portfolio” appraised value of $198,100,000, which reflects an approximate 5.0% premium attributed to the aggregate sum of the “As-Is” appraised values, as applicable, for each of the mortgaged properties on an individual basis.  On a stand-alone basis, the mortgaged properties have an aggregate “As-Is” appraised value of $188,710,000.  The Cut-off Date LTV Ratio and the LTV Ratio at Maturity or ARD based on the whole loan and the aggregate stand-alone “As-Is” appraised value of $188,710,000 are 68.1% and 68.1%, respectively.
                           
(7) For mortgage loan #14 (Somerset Park at Union), all LTVs, DSCRs and Debt Yields are calculated assuming the full Cut-off Date Balance net of the required upgrade reserve holdback of $1,500,000. The holdback can be disbursed in whole or in part provided that the following conditions are satisfied: (i) a minimum net operating income debt yield of 8.5%; (ii) a minimum property occupancy of 90.0%, and (iii) no event of default has occurred or is continuing. If the holdback has not been released by October 22, 2022, the lender will apply the unreleased proceeds to pay down the mortgage loan, accompanied by the applicable yield maintenance premium to be paid by the borrower.  Assuming the full holdback balance is applied to the mortgage loan amount of $18,750,000, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI DSCR, U/W NCF DSCR, Cut-off Date U/W NOI Debt Yield and Cut-off Date U/W NCF Debt Yield are 69.4%, 69.4%, 2.14x, 1.99x, 8.3% and 7.7%, respectively.
                           
  For mortgage loan #19 (The Hamptons Apartments), all LTVs, DSCRs and Debt Yields are calculated assuming the full Cut-off Date Balance net of the required upgrade reserve holdback of $1,480,000. If the holdback has not been released by the later of (x) November 6, 2022, and (y) the lender’s determination that the borrower has completed (i) not less than one-third of the interior upgrades work and (ii) all of the common area upgrades and repairs work, the lender will apply the unreleased proceeds to pay down the mortgage loan, accompanied by the applicable yield maintenance premium to be paid by the borrower. The holdback can be disbursed in whole or in part provided that the following conditions are satisfied: (i) a minimum net operating income debt yield of 8.0%, (iii) no event of default has occurred or is continuing. Assuming the full holdback balance is applied to the full mortgage loan amount of $15,850,000, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI DSCR, U/W NCF DSCR, Cut-off Date U/W NOI Debt Yield and Cut-off Date U/W NCF Debt Yield are 82.1%, 82.1%, 2.01x, 1.93x, 8.2% and 7.9%, respectively.
                           
(8) For mortgage loan #13 (Global Payments, Inc.), the mortgage loan has a five-day grace period after non-payment notice only twice during the loan term or thereafter within five days after the date when due.
                           

 A-1-13

 

(9) Certain tenants may not be in occupancy or may be in free rent periods. In particular, with respect (i) single tenant properties, (ii) the largest 5 tenants with respect to the largest 15 mortgage loans and (iii) tenants that, or affiliated tenants that (in the aggregate), occupy 50% or more of the net rentable area of, or represent 50% or more of the underwritten revenues of related Mortgage Properties, certain of such tenants have not taken possession or commenced paying rent or are not yet fully operational or may have subleased a portion of the leased space. For more information see "Description of the Mortgage Pool—Tenant Issues—Other" and the Annex A-3 in this prospectus for additional information.
                           
  For mortgage loan #16 (Scripps Ranch Business Park–CA), the fifth largest tenant (13,200 square feet), has abated rent in April and May 2020.  The outstanding abatements were reserved for at origination of the mortgage loan.
                           
  For mortgage loan #21 (Washington Avenue Portfolio), the second largest tenant (6,015 square feet) and third largest tenant (5,250 square feet) at the Washington Avenue Properties mortgaged property are paying unabated rent but are not yet in occupancy. Tenant improvements are being completed at the mortgaged property pursuant to the terms of each applicable lease. At origination, the borrower deposited $165,821 and $110,484 into an unoccupied premises rollover reserve, which funds are allocated to the second largest tenant and third largest tenant, respectively, and will be disbursed upon each tenant taking occupancy in its leased premises.
                           
  For mortgage loan #27 (Westlake Village I & II), the second largest tenant (6,915 square feet), representing 4.2% of net rentable area, took occupancy on July 1, 2017, and has abated rent from October 1, 2019 through December 31, 2019.
                           
  For mortgage loan #28 (Morse Road Portfolio), the second largest tenant at the 1607–1635 Morse Road mortgaged property (2,500 square feet), representing 18.2% of net rentable area of such mortgaged property, has accepted its space and commenced paying rent.  It is currently completing its build out and will open for business upon completion. The fifth largest tenant at the 1607–1635 Morse Road mortgaged property (1,593 square feet), representing 11.6% of net rentable area of such mortgaged property, has accepted its space and commenced paying rent.  It is currently completing its build-out and will open for business upon completion.
                           
  For mortgage loan #33 (Renaissance Square), the fourth largest tenant (6,943 square feet), representing 8.7% of net rentable square feet, took possession of its space on September 30, 2019 and is currently building out its space. The tenant is required to commence payment of rent the earlier of (i) January 28, 2020, or (ii) the day that tenant opens for business. At origination, the borrower reserved with the lender $231,905, which represents the outstanding TIs and LCs for the tenant, $13,885, which represents 2 months of free rent for the tenant and $180,085, which represents a rent credit for this tenant.
                           
  For mortgage loan #40 (CIRE Equity Retail & Industrial Portfolio), the third largest tenant at the Val Vista Towne Center mortgaged property (3,511 square feet), representing 3.8% of the net rentable area of such mortgaged property, is in a free rent period that commenced in August 2019 and ends in November 2019. The amount was reserved for at origination.  
                           
(10) For mortgage loan #5 (77 Clinton Avenue), the mortgaged property is subject to (i) a primary lease between the sole tenant, NYCDOE, as primary tenant, and Clinton Associates of Kings 2 LLC, as landlord (the “NYCDOE Lease”), and (ii) a lease between Clinton Associates of Kings 2 LLC, as lessor, and the guarantor, as lessee (the “Leser Lease”). Under the terms of the Leser Lease, if the primary tenant fails or is not obligated to pay all base rent, additional rent and other amounts due under the terms of the NYCDOE Lease, the guarantor will be required to pay all such amounts due and to perform any other material obligations of the primary tenant under the NYCDOE Lease.  
                           
(11) For mortgage loan #1 (Continental Park - Rosecrans Douglas), the largest tenant (82,346 square feet), representing 40.0% of net rentable square feet, has multiple lease expiration dates. The tenant has 59,908 square feet expiring on March 31, 2029 and 22,438 square feet expiring on November 30, 2025.
                           

 A-1-14

 

(12) For mortgage loan #2 (West Bountiful Commons), the largest tenant (135,000 square feet) leases the collateral pad site and the improvements built on the pad site are owned by the tenant.  In the event that the tenant does not renew its lease and the borrower is unable to lease the pad site, the ownership of the improvements will revert to the borrower.
                           
(13) For mortgage loan #21 (Washington Avenue Portfolio), the 319 Saint Emanuel mortgaged property is occupied by the single tenant, The White Collection, which is a borrower-affiliated tenant. The Washington Avenue Properties mortgaged property includes a borrower-affiliated tenant, Urban Living (11,505 square feet).
                           
(14) 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, or affiliated tenants that (in the aggregate), occupy 50% or more of the net rentable area of, or represent 50% or more of the underwritten revenues of related Mortgaged Properties, certain of such tenants have unilateral termination options or termination options related to lack of appropriations 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 (Scripps Ranch Business Park–CA), the second largest tenant (21,078 square feet), representing 22.4% of net rentable square feet, may terminate its lease at any time upon providing 365 days’ written notice.  The fifth largest tenant (13,200 square feet), representing 14.0% of net rentable square feet, may terminate its lease as of March 31, 2023 upon providing notice by June 30, 2022 and payment of a termination fee equal to $78,239 plus all unamortized leasing commissions, free rent and camera equipment allowances.
                           
  For mortgage loan #17 (Platte Airpark Tech Campus), the second largest tenant (64,739 square feet), representing 47.1% of net rentable square feet, may terminate its lease at any time if funding under the defense contract under which it operates at the mortgaged property decreases by more than 50% annually. The tenant is required to provide 6 months’ prior notice and pay a termination fee equal to three months’ base rent plus any unamortized tenant improvement allowance and leasing commissions. The third largest tenant (4,948 square feet), representing 3.6% of net rentable square feet, has the right to terminate its lease on November 30, 2021 and again on November 30, 2022, upon 120 days’ prior notice and payment of the unamortized balance of all tenant improvements and leasing commissions associated with its leased premises.
                           
  For mortgage loan #26 (Westbrook Office Park III), the third largest tenant (18,099 square feet), representing 18.4% of net rentable square feet, may terminate its lease any time by providing a 120-day prior written notice.
                           
  For mortgage loan #28 (Morse Road Portfolio), the largest tenant at the 1607-1635 Morse Road mortgaged property (2,696 square feet), representing 19.6% of net rentable area of such mortgaged property, has the right to terminate its lease as of November 3, 2019 (but not later than November 8, 2019) if certain landlord work, as described in the tenant’s lease, is not completed by such date.
                           
  For mortgage loan #33 (Renaissance Square), the second largest tenant (16,519 square feet), representing 20.8% of net rentable square feet, may terminate its lease if the tenant’s gross sales for the period from November 1, 2020 to October 31, 2021 fall below $4.0 million by providing a written notice on or before April 29, 2022.
                           
  For mortgage loan #39 (Beacon Center Office Park), the largest tenant (13,798 square feet), representing approximately 12.4% of the net rentable area, may terminate its lease (i) on April 1, 2021, upon delivering six months’ notice to landlord and payment of all unamortized tenant improvements and (ii) on September 30 of any fiscal year where the state legislature of Alabama

 A-1-15

 

  fails to appropriate funds to such tenant to make rental payments for the ensuing fiscal year. Additionally, in the event of the proration of such funds, the lease will be subject to termination at the option of such tenant. The third largest tenant (8,494 square feet), representing approximately 7.6% of the net rentable area, may terminate its lease on December 31, 2019, upon delivering six months’ notice to landlord and payment of all unamortized tenant improvements.
                           
  For mortgage loan #40 (CIRE Equity Retail & Industrial Portfolio), the sole tenant at the Homeland – Bartow, FL mortgaged property, (67,438 square feet), representing 100.0% of net rentable area of such mortgaged property, has the right to terminate its lease effective at any time after July 1, 2022, with at least 12 months’ prior notice and payment of a termination fee equal to the sum of $500,000 plus any unamortized tenant improvements.
                           
(15) For mortgage loan #18 (HIE & Candlewood Suites Portfolio), the Monthly Replacement Reserve amount is equal to the greater of (i) one-twelfth of the FF&E Applicable Percentage of the gross revenues for the mortgaged property in the preceding calendar year or (ii) the amount required to be collected each month for FF&E pursuant to the terms of the Hotel Agreement.
                           
  For mortgage loan #23 (Best Western Premier NYC Gateway), on each payment date (i) from May through December in 2020 and (ii) in the months of January, May, June, July, August, September, October, November, and December from 2021 until the end of the loan term, the borrower is required to deposit to the seasonality reserve an amount equal to the quotient obtained by dividing the seasonality reserve aggregate shortfall amount by 9.
                           
  For mortgage loan #38 (Toledo Shopping Center), the Monthly Replacement Reserve will increase by two percent (2%) on each anniversary of the first payment date.
                           
  For mortgage loan #39 (Beacon Center Office Park), the Monthly Replacement Reserve will increase by two percent (2%) on each anniversary of the first payment date.
                           
  For mortgage loan #42 (Comfort Suites at The University), the borrower is required to deposit on each monthly payment date occurring in July and August an amount equal to one-half of the amount by which (i) the product of (a) 125.0% and (b) the seasonality shortfall amount for the twelve-month period commencing on the first day of March in the calendar year preceding the calendar year in which such determination is made exceeds (ii) the funds on deposit in the seasonality reserve as of the date such shortfall amount is determined by the lender. At origination, $91,488 was deposited into the seasonality reserve.
                           
(16) For mortgage loan #1 (Continental Park - Rosecrans Douglas), the TI/LC Reserve Cap of $500,000 does not take into account the Upfront TI/LC Reserve of $6,500,000.
                           
  For mortgage loan #17 (Platte Airpark Tech Campus), the mortgage loan documents require an Upfront TI/LC Reserve in the amount of $650,000 and an ongoing monthly reserve in the amount of $11,452. The TI/LC Reserve Cap is initially equal to $1,250,000 but can be reduced (i) to $625,000, to the extent the Rollover Reserve Subaccount Cap Reduction Conditions have been satisfied, or (ii) an amount which, when aggregated with any sums then on deposit in the Special Rollover Reserve Subaccount, would equal $2,000,000.

 

 A-1-16