FWP 1 n2499-x7_annexa1.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-226486-19
     

 

 

     
 

WFCM 2021-C59 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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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.

 

This free writing prospectus has been prepared by the underwriters for information purposes only and does not constitute, in whole or in part, a prospectus for the purposes of (i) Regulation (EU) 2017/1129 (as amended), (ii) such Regulation as it forms part of UK domestic law, or (iii) Part VI of the UK Financial Services and Markets Act 2000, as amended; and does not constitute an offering document for any other purpose.

 

STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION

The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of Wells Fargo Securities, LLC, Barclays Capital Inc., UBS Securities LLC, Academy Securities, Inc., Drexel Hamilton, LLC, Siebert Williams Shank & Co., LLC, or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.

 

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

 

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

 

IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES

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

 

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

 

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

 

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

 

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

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

 

  
     

 

 

 

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

 

Mortgage Loan Number Property Name Mortgage Loan Seller(1) Cross Collateralized and Cross Defaulted Loan Flag Address City State Zip Code General Property Type(2)
1 Two Penn Center WFB   1500 John F Kennedy Boulevard Philadelphia PA 19102 Office
2 Amazon @ Atlas AREF   301 and 325 Eastlake Avenue East; 300 Yale Avenue North Seattle WA 98109 Office
3 Tri-State Distribution Center AREF   225, 227 and 229 North Route 303 West Nyack NY 10994 Industrial
4 Magna Seating HQ Barclays   30020 Cabot Drive Novi MI 48377 Office
5 MGM Grand & Mandalay Bay Barclays   Various Las Vegas NV Various Hospitality
5.01 MGM Grand Barclays   3799 South Las Vegas Boulevard Las Vegas NV 89109 Hospitality
5.02 Mandalay Bay Barclays   3950 South Las Vegas Boulevard Las Vegas NV 89119 Hospitality
6 Seacrest Homes BSPRT   1309 West Sepulveda Boulevard Torrance CA 90501 Multifamily
7 Phoenix Industrial Portfolio V UBS AG   Various Various Various Various Industrial
7.01 Newton UBS AG   801 North 19th Avenue East Newton IA 50208 Industrial
7.02 Fort Smith UBS AG   6400 Jenny Lind Road Fort Smith AR 72908 Industrial
7.03 Flint UBS AG   1101 North Center Road Flint MI 48506 Industrial
7.04 Coffeyville UBS AG   2654 US-169 Coffeyville KS 67337 Industrial
8 Consumer Cellular WFB   17500 North Black Canyon Highway Phoenix AZ 85053 Office
9 160 Pine Street WFB   160 Pine Street San Francisco CA 94111 Office
10 Metairie MOB Portfolio AREF   Various Metairie LA 70006 Various
10.01 Independence Plaza AREF   4201 Veterans Memorial Boulevard Metairie LA 70006 Mixed Use
10.02 3530 Houma Boulevard AREF   3530 Houma Boulevard Metairie LA 70006 Office
11 The Ratner AREF   1249 F Street San Diego CA 92101 Office
12 Burke Town Center LMF   6030 and 6050 Burke Commons Road Burke VA 22015 Retail
13 Southridge Center LMF   2700 Mountaineer Boulevard Charleston WV 25309 Retail
14 8800 Baymeadows UBS AG   8800 Baymeadows Way West Jacksonville FL 32256 Office
15 Seaport Homes BSPRT   28000 South Western Avenue San Pedro CA 90732 Multifamily
16 2209 Sulphur Spring Road AREF   2209 Sulphur Spring Road Halethorpe MD 21227 Industrial
17 Southeast G6 Portfolio AREF   Various Various Various Various Hospitality
17.01 Studio 6 Chamblee AREF   5280 Peachtree Industrial Boulevard Chamblee GA 30341 Hospitality
17.02 Studio 6 Savannah AREF   60 West Montgomery Cross Road Savannah GA 31406 Hospitality
17.03 Motel 6 Greenville AREF   2015 Wade Hampton Boulevard Greenville SC 29615 Hospitality
17.04 Motel 6 / Studio 6 Augusta AREF   3421 Wrightsboro Road Augusta GA 30909 Hospitality
18 Crescent Gateway BSPRT   6917, 6931, 6933 and 6937 Arlington Road Bethesda MD 20814 Mixed Use
19 Herndon Square BSPRT   500, 505, 510, 520, 530 and 540 Huntmar Park Drive Herndon VA 20170 Office
20 Aspen Court Apartments LMF   1505-1543 West Jackson Street, 400-430 West Etling Street/900-930 North Albert Street, 324-330 Wigwam Hollow Road, and 415 West Adams Street Macomb IL 61455 Multifamily
21 Bensalem Plaza Shopping Center LMF   1903-1971 Street Road Bensalem PA 19020 Retail
22 Athens West Shopping Center AREF   3190 Atlanta Highway Athens GA 30606 Retail
23 Chico Mobile Country Club LMF   1901 Dayton Road Chico CA 95928 Manufactured Housing Community
24 Allerand Portfolio 1 LMF   Various Various Various Various Retail
24.01 Walgreens Ironton LMF   715 Park Avenue Ironton OH 45638 Retail
24.02 Rite Aid Holt LMF   2263 Cedar Street Holt MI 48842 Retail
24.03 Walgreens Ashland LMF   607 England Street Ashland VA 23005 Retail
24.04 Walgreens Stuarts Draft LMF   2596 Tinkling Spring Road Stuarts Draft VA 24477 Retail
24.05 Walgreens Clay LMF   173 Main Street Clay WV 25043 Retail
24.06 Walgreens Louisville LMF   4149 Taylor Boulevard Louisville KY 40215 Retail
24.07 Rite Aid Fremont LMF   924 West Main Street Fremont MI 49412 Retail
24.08 Rite Aid New Baltimore LMF   35350 23 Mile Road New Baltimore MI 48047 Retail
25 Ontario Gateway WFB   2151 East Convention Center Way Ontario CA 91764 Office
26 Cobble Hill Multifamily Portfolio LMF   Various Brooklyn NY 11201 Mixed Use
26.01 181 Court Street LMF   181 Court Street Brooklyn NY 11201 Mixed Use
26.02 131 Smith Street LMF   131 Smith Street Brooklyn NY 11201 Mixed Use
27 Walgreens Portfolio UBS AG   Various Various Various Various Retail
27.01 Walgreens-Santa Fe UBS AG   525 West Zia Road Santa Fe NM 87505 Retail
27.02 Walgreens-Morehead City UBS AG   2202 Arendell Street Morehead City NC 28557 Retail
28 Gateway Business Park LMF   27736 - 27788 Hancock Parkway Valencia CA 91355 Industrial
29 Dearborn Industrial Portfolio UBS AG   Various Dearborn MI Various Industrial
29.01 15000 North Commerce Drive UBS AG   15000 North Commerce Drive Dearborn MI 48121 Industrial
29.02 3001 Gulley Road UBS AG   3001 South Gulley Road Dearborn MI 48124 Industrial
29.03 15201 Century Drive UBS AG   15201 Century Drive Dearborn MI 48124 Industrial
29.04 15301 Century Drive UBS AG   15301 Century Drive Dearborn MI 48121 Industrial
29.05 15401 Century Drive UBS AG   15401 Century Drive Dearborn MI 48121 Industrial
29.06 15050 North Commerce Drive UBS AG   15050 North Commerce Dearborn MI 48120 Industrial
29.07 15300 Rotunda Drive UBS AG   15300 Rotunda Drive Dearborn MI 48120 Industrial
30 Detroit Chassis BSPRT   6501 Lynch Road Detroit MI 48234 Industrial
31 Goldman Multifamily Portfolio Tranche 5 Barclays   Various Chicago IL Various Multifamily
31.01 7750 South Muskegon Avenue Barclays   7750 South Muskegon Avenue Chicago IL 60649 Multifamily
31.02 6437 South Kenwood Avenue Barclays   6437 South Kenwood Avenue Chicago IL 60637 Multifamily
31.03 7836 S. South Shore Drive Barclays   7836 S. South Shore Drive Chicago IL 60649 Multifamily
31.04 7810 South Ada Street Barclays   7810 South Ada Street Chicago IL 60620 Multifamily
31.05 7760 South Coles Avenue Barclays   7760 South Coles Avenue Chicago IL 60649 Multifamily
31.06 8000 South Justine Street Barclays   8000 South Justine Street Chicago IL 60636 Multifamily
31.07 8214 South Ingleside Avenue Barclays   8214 South Ingleside Avenue Chicago IL 60619 Multifamily
32 The Loom AREF   2095 East Willard Street; 2100 East Willard Street; 3250-70 Amber Street Philadelphia PA 19134 Office
33 Walgreens Bayamón BSPRT   Bo Pajaros Carr 861 Km 3.1 Bayamón PR 00956 Retail
34 Sedona Village AREF   160-180 Coffee Pot Drive Sedona AZ 86336 Retail
35 Washington Street Storage Portfolio #2 LMF   Various Various Various Various Self Storage
35.01 Storage Mall Lex Park LMF   21323 Great Mills Road Lexington Park MD 20653 Self Storage
35.02 Clarence Self Storage LMF   11234 Main Street Newstead NY 14031 Self Storage
35.03 West Side Mini Storage LMF   3209 North Ridge Road West Ashtabula OH 44004 Self Storage
35.04 Stor-Yor-Stuff LMF   3502 North Hermitage Road Transfer PA 16154 Self Storage
36 The Shops at 407 & Corner Shoppes UBS AG   Various Fort Wayne IN 46805 Retail
36.01 Shops at 407 UBS AG   407 West Coliseum Boulevard Fort Wayne IN 46805 Retail
36.02 Corner Shoppes UBS AG   401-407 East Coliseum Boulevard Fort Wayne IN 46805 Retail
37 10 Industrial Avenue AREF   10 Industrial Avenue Mahwah NJ 07430 Industrial
38 Oak Park Michigan Storage WFB   15300 West 8 Mile Road Oak Park MI 48237 Self Storage
39 Farmington Hills Michigan Storage WFB   39000 Grand River Avenue Farmington Hills MI 48335 Self Storage
40 Haight & Fillmore Apartments UBS AG   486-498 Haight Street and 312-320 Fillmore Street San Francisco CA 94117 Multifamily
41 GoodFriend Self Storage - East Harlem LMF   166 East 124th Street New York NY 10035 Other
42 Whispering Palms Apartments LMF   13200 Wilcox Road Largo FL 33774 Multifamily
43 Elite RV & Boat Storage Barclays   16461 Domestic Avenue Fort Myers FL 33912 Self Storage
44 Arcadia Shopping Center AREF   23701 Cinco Ranch Boulevard Katy TX 77494 Retail
45 Turtle Creek Apartments AREF   2116 West 2nd Street Marion IN 46952 Multifamily
46 Walgreens-Burbank UBS AG   5555 West 79th Street Burbank IL 60459 Retail
47 Village Circle Apartments UBS AG   2636 Mitthoeffer Road Indianapolis IN 46229 Multifamily
48 CVS Portfolio LMF   Various Various Various Various Retail
48.01 CVS Highland LMF   3835 45th Street Highland IN 46322 Retail
48.02 CVS Raytown LMF   9005 East 350 Highway Raytown MO 64133 Retail
49 La Hacienda Apartments LMF   2100 North 57th Street Kansas City KS 66104 Multifamily
50 260 Centre Avenue LMF   260 Centre Avenue New Rochelle NY 10805 Multifamily
51 Walgreens-Coralville UBS AG   2751 Heartland Drive Coralville IA 52241 Retail
52 Outerbanks Portfolio LMF   Various Nags Head NC 27959 Hospitality
52.01 Colonial Inn LMF   3329 South Virginia Dare Trail Nags Head NC 27959 Hospitality
52.02 Seahorse Inn LMF   7218 South Virginia Dare Trail Nags Head NC 27959 Hospitality
53 Astoria Portfolio UBS AG   18-27A; 18-29; 18-31; 18-33 42nd Street Astoria NY 11105 Industrial
54 Tramec Sloan Industrial Building Barclays   534 East 48th Street and 552 East 48th Street Holland MI 49423 Industrial
55 Walgreens-Germantown UBS AG   9325 Poplar Avenue Germantown TN 38138 Retail
56 Davita - Lakeport UBS AG   244 Peckham Court Lakeport CA 95453 Office
57 Oak Park & Pecan Acres MHC Portfolio LMF   Various Various LA Various Manufactured Housing Community
57.01 Oak Park MHC LMF   13 Country Air Drive Rayne LA 70578 Manufactured Housing Community
57.02 Pecan Acres MHC LMF   425 Toby Mouton Road Duson LA 70529 Manufactured Housing Community
58 850-860 Meridian Avenue Barclays   850-860 Meridian Avenue Miami Beach FL 33139 Multifamily
59 Oakwood Flex Complex BSPRT   61-95 Oakwood Road Lake Zurich IL 60047 Mixed Use
60 Peace River Village MHC BSPRT   2405 Florida Highway 60 Bartow FL 33830 Manufactured Housing Community
61 StorQuest Phoenix - Bell Road UBS AG   3043 East Bell Road Phoenix AZ 85032 Self Storage
62 Dunedin Mini Storage LMF   1891 and 1903 Main Street Dunedin FL 34698 Self Storage
63 Dollar General Port Wentworth BSPRT   802 Crossgate Road Port Wentworth GA 31407 Retail
                 

A-1-1

 

 

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

 

Mortgage Loan Number Property Name Specific Property Type Year
Built		 Year
Renovated		 Number of Units(2) Unit of Measure Cut-off Date Balance Per Unit/SF Original Balance ($) Cut-off Date Balance ($) % of Aggregate
Cut-off Date
Balance		 Maturity Date or ARD Balloon Payment ($) ARD Loan Origination Date First Pay Date
1 Two Penn Center CBD 1956 1987 516,108 Sq. Ft. 132 67,900,000 67,900,000 8.2% 67,900,000 N 4/9/2021 5/11/2021
2 Amazon @ Atlas CBD 1971 2018 170,331 Sq. Ft. 284 48,400,000 48,400,000 5.9% 48,400,000 N 2/3/2021 3/6/2021
3 Tri-State Distribution Center Warehouse Distribution 2008   249,247 Sq. Ft. 165 41,000,000 41,000,000 5.0% 41,000,000 N 3/17/2021 5/6/2021
4 Magna Seating HQ Suburban 2017   180,000 Sq. Ft. 209 37,700,000 37,700,000 4.6% 37,700,000 N 3/31/2021 5/6/2021
5 MGM Grand & Mandalay Bay Full Service Various   9,748 Rooms 167,645 36,500,000 36,500,000 4.4% 36,500,000 Y 2/14/2020 4/5/2020
5.01 MGM Grand Full Service 1993   4,998 Rooms   19,892,500 19,892,500 2.4%        
5.02 Mandalay Bay Full Service 1999   4,750 Rooms   16,607,500 16,607,500 2.0%        
6 Seacrest Homes Mid Rise 2019   176 Units 272,727 30,000,000 30,000,000 3.6% 30,000,000 N 4/5/2021 5/6/2021
7 Phoenix Industrial Portfolio V Warehouse Distribution Various Various 4,421,618 Sq. Ft. 21 30,000,000 29,774,501 3.6% 23,583,153 N 11/24/2020 1/6/2021
7.01 Newton Warehouse Distribution 1948 2019 1,850,001 Sq. Ft.   11,052,632 10,969,553 1.3%        
7.02 Fort Smith Warehouse Distribution 1962 2019 1,196,746 Sq. Ft.   9,473,684 9,402,474 1.1%        
7.03 Flint Warehouse Distribution 1960 2020 495,271 Sq. Ft.   6,315,789 6,268,316 0.8%        
7.04 Coffeyville Warehouse Distribution 1978 1999 879,600 Sq. Ft.   3,157,895 3,134,158 0.4%        
8 Consumer Cellular Suburban 1988 2018 163,607 Sq. Ft. 168 27,500,000 27,500,000 3.3% 27,500,000 N 3/30/2021 5/11/2021
9 160 Pine Street CBD 1956 1987 88,174 Sq. Ft. 308 27,170,000 27,170,000 3.3% 27,170,000 N 3/5/2021 4/11/2021
10 Metairie MOB Portfolio Various Various Various 85,465 Sq. Ft. 298 25,500,000 25,437,640 3.1% 20,712,619 N 2/12/2021 4/6/2021
10.01 Independence Plaza Office/Retail 1979 2020 52,613 Sq. Ft.   15,153,141 15,116,085 1.8%        
10.02 3530 Houma Boulevard Medical 2013 2018 32,852 Sq. Ft.   10,346,859 10,321,556 1.2%        
11 The Ratner CBD 1924   146,805 Sq. Ft. 167 24,500,000 24,500,000 3.0% 24,500,000 N 3/30/2021 5/6/2021
12 Burke Town Center Shadow Anchored 1983   38,237 Sq. Ft. 575 22,000,000 22,000,000 2.7% 19,354,110 N 1/28/2021 3/6/2021
13 Southridge Center Anchored 1993   497,242 Sq. Ft. 41 20,500,000 20,500,000 2.5% 20,500,000 N 3/12/2021 5/6/2021
14 8800 Baymeadows Suburban 1993   219,457 Sq. Ft. 83 18,200,000 18,131,297 2.2% 16,777,618 N 1/29/2021 3/6/2021
15 Seaport Homes Mid Rise 2008   136 Units 235,294 18,000,000 18,000,000 2.2% 18,000,000 N 2/3/2021 3/6/2021
16 2209 Sulphur Spring Road Warehouse 1960 2018 313,000 Sq. Ft. 53 16,737,500 16,737,500 2.0% 16,737,500 N 2/23/2021 4/6/2021
17 Southeast G6 Portfolio Extended Stay Various Various 596 Rooms 26,811 16,000,000 15,979,272 1.9% 12,975,378 N 4/1/2021 5/6/2021
17.01 Studio 6 Chamblee Extended Stay 2002 2015 120 Rooms   4,700,000 4,693,911 0.6%        
17.02 Studio 6 Savannah Extended Stay 2000 2016 156 Rooms   4,150,000 4,144,624 0.5%        
17.03 Motel 6 Greenville Extended Stay 2000 2016 156 Rooms   4,000,000 3,994,818 0.5%        
17.04 Motel 6 / Studio 6 Augusta Extended Stay 1999 2015 164 Rooms   3,150,000 3,145,919 0.4%        
18 Crescent Gateway Office/Retail 1960;1984 2012 144,729 Sq. Ft. 330 16,000,000 15,929,166 1.9% 12,720,825 N 2/3/2021 3/6/2021
19 Herndon Square Suburban 1988   263,507 Sq. Ft. 116 15,500,000 15,477,747 1.9% 12,321,151 N 3/24/2021 5/6/2021
20 Aspen Court Apartments Garden 2001 2021 329 Units 43,414 14,300,000 14,283,133 1.7% 11,794,765 N 3/18/2021 5/6/2021
21 Bensalem Plaza Shopping Center Anchored 1972   109,117 Sq. Ft. 114 12,500,000 12,433,186 1.5% 10,086,910 N 12/11/2020 2/6/2021
22 Athens West Shopping Center Anchored 1988 2007 178,390 Sq. Ft. 65 12,100,000 11,627,611 1.4% 9,257,364 N 2/4/2020 3/6/2020
23 Chico Mobile Country Club Manufactured Housing Community 1972   178 Pads 62,921 11,200,000 11,200,000 1.4% 11,200,000 N 3/10/2021 4/6/2021
24 Allerand Portfolio 1 Single Tenant Various   88,273 Sq. Ft. 125 11,110,000 11,035,926 1.3% 8,941,012 N 12/2/2020 1/6/2021
24.01 Walgreens Ironton Single Tenant 1997   11,166 Sq. Ft.   1,850,000 1,837,665 0.2%        
24.02 Rite Aid Holt Single Tenant 1998   11,060 Sq. Ft.   1,830,000 1,817,799 0.2%        
24.03 Walgreens Ashland Single Tenant 1998   10,663 Sq. Ft.   1,750,000 1,738,332 0.2%        
24.04 Walgreens Stuarts Draft Single Tenant 1998   11,055 Sq. Ft.   1,300,000 1,291,332 0.2%        
24.05 Walgreens Clay Single Tenant 1998   11,225 Sq. Ft.   1,200,000 1,191,999 0.1%        
24.06 Walgreens Louisville Single Tenant 1998   10,912 Sq. Ft.   1,150,000 1,142,333 0.1%        
24.07 Rite Aid Fremont Single Tenant 1997   11,092 Sq. Ft.   1,030,000 1,023,133 0.1%        
24.08 Rite Aid New Baltimore Single Tenant 1998   11,100 Sq. Ft.   1,000,000 993,333 0.1%        
25 Ontario Gateway Suburban 1984 2020 77,903 Sq. Ft. 135 10,500,000 10,500,000 1.3% 9,034,704 N 3/25/2021 5/11/2021
26 Cobble Hill Multifamily Portfolio Multifamily/Retail 1900 2020 10,545 Sq. Ft. 977 10,300,000 10,300,000 1.2% 9,373,940 N 2/11/2021 3/6/2021
26.01 181 Court Street Multifamily/Retail 1900 2020 5,895 Sq. Ft.   5,150,000 5,150,000 0.6%        
26.02 131 Smith Street Multifamily/Retail 1900 2020 4,650 Sq. Ft.   5,150,000 5,150,000 0.6%        
27 Walgreens Portfolio Single Tenant Various   28,215 Sq. Ft. 363 10,228,000 10,228,000 1.2% 10,228,000 N 2/26/2021 4/6/2021
27.01 Walgreens-Santa Fe Single Tenant 2002   13,804 Sq. Ft.   5,800,000 5,800,000 0.7%        
27.02 Walgreens-Morehead City Single Tenant 2006   14,411 Sq. Ft.   4,428,000 4,428,000 0.5%        
28 Gateway Business Park Warehouse 2019   83,496 Sq. Ft. 120 10,000,000 9,979,605 1.2% 7,104,692 N 3/25/2021 5/6/2021
29 Dearborn Industrial Portfolio Flex Various Various 277,953 Sq. Ft. 33 9,200,000 9,174,090 1.1% 7,288,188 N 2/16/2021 4/6/2021
29.01 15000 North Commerce Drive Flex 1986   53,400 Sq. Ft.   2,471,332 2,464,372 0.3%        
29.02 3001 Gulley Road Flex 1988   40,350 Sq. Ft.   2,090,594 2,084,706 0.3%        
29.03 15201 Century Drive Flex 1983 2002 38,400 Sq. Ft.   1,917,532 1,912,132 0.2%        
29.04 15301 Century Drive Flex 1974   35,963 Sq. Ft.   1,654,477 1,649,817 0.2%        
29.05 15401 Century Drive Flex 1973   21,600 Sq. Ft.   1,066,065 1,063,063 0.1%        
29.06 15050 North Commerce Drive Flex 1986   52,200 Sq. Ft.   0 0 0.0%        
29.07 15300 Rotunda Drive Flex 1974   36,040 Sq. Ft.   0 0 0.0%        
30 Detroit Chassis Manufacturing 1999   219,993 Sq. Ft. 41 9,050,000 9,000,307 1.1% 7,264,941 N 12/11/2020 2/6/2021
31 Goldman Multifamily Portfolio Tranche 5 Low Rise Various 2020 151 Units 59,603 9,000,000 9,000,000 1.1% 7,573,086 N 3/16/2021 5/6/2021
31.01 7750 South Muskegon Avenue Low Rise 1928 2020 47 Units   2,600,000 2,600,000 0.3%        
31.02 6437 South Kenwood Avenue Low Rise 1915 2020 25 Units   1,725,000 1,725,000 0.2%        
31.03 7836 S. South Shore Drive Low Rise 1929 2020 29 Units   1,650,000 1,650,000 0.2%        
31.04 7810 South Ada Street Low Rise 1925 2020 13 Units   925,000 925,000 0.1%        
31.05 7760 South Coles Avenue Low Rise 1963 2020 13 Units   875,000 875,000 0.1%        
31.06 8000 South Justine Street Low Rise 1923 2020 12 Units   650,000 650,000 0.1%        
31.07 8214 South Ingleside Avenue Low Rise 1926 2020 12 Units   575,000 575,000 0.1%        
32 The Loom Urban 1875 2012 185,793 Sq. Ft. 45 8,300,000 8,300,000 1.0% 6,794,554 N 3/31/2021 5/6/2021
33 Walgreens Bayamón Single Tenant 2015   15,660 Sq. Ft. 489 7,660,000 7,660,000 0.9% 7,660,000 N 3/15/2021 5/6/2021
34 Sedona Village Anchored 1990   125,407 Sq. Ft. 60 7,550,000 7,550,000 0.9% 7,550,000 N 4/7/2021 6/6/2021
35 Washington Street Storage Portfolio #2 Self Storage Various Various 131,650 Sq. Ft. 55 7,250,000 7,250,000 0.9% 6,628,055 N 3/23/2021 5/6/2021
35.01 Storage Mall Lex Park Self Storage 1984   29,375 Sq. Ft.   2,200,000 2,200,000 0.3%        
35.02 Clarence Self Storage Self Storage 1966 2015 22,575 Sq. Ft.   2,200,000 2,200,000 0.3%        
35.03 West Side Mini Storage Self Storage 1995 2020 46,800 Sq. Ft.   1,850,000 1,850,000 0.2%        
35.04 Stor-Yor-Stuff Self Storage 1995 2016 32,900 Sq. Ft.   1,000,000 1,000,000 0.1%        
36 The Shops at 407 & Corner Shoppes Unanchored Various Various 27,210 Sq. Ft. 258 7,020,000 7,020,000 0.8% 6,408,653 N 2/25/2021 4/6/2021
36.01 Shops at 407 Unanchored 2019   14,271 Sq. Ft.   4,070,000 4,070,000 0.5%        
36.02 Corner Shoppes Unanchored 1972 2018 12,939 Sq. Ft.   2,950,000 2,950,000 0.4%        
37 10 Industrial Avenue Flex 1988 2020 91,808 Sq. Ft. 76 7,000,000 7,000,000 0.8% 7,000,000 N 2/12/2021 4/6/2021
38 Oak Park Michigan Storage Self Storage 1964   84,490 Sq. Ft. 83 7,000,000 7,000,000 0.8% 6,331,746 N 3/26/2021 5/11/2021
39 Farmington Hills Michigan Storage Self Storage 2004   85,731 Sq. Ft. 82 7,000,000 7,000,000 0.8% 6,331,746 N 3/26/2021 5/11/2021
40 Haight & Fillmore Apartments Mid Rise 1925 2019 25 Units 268,000 6,700,000 6,700,000 0.8% 6,700,000 N 3/26/2021 5/6/2021
41 GoodFriend Self Storage - East Harlem Leased Fee 1891 2019 31,131 Sq. Ft. 209 6,500,000 6,500,000 0.8% 6,500,000 N 2/10/2021 3/6/2021
42 Whispering Palms Apartments Garden 1985 2020 64 Units 96,875 6,200,000 6,200,000 0.8% 5,697,178 N 3/3/2021 4/6/2021
43 Elite RV & Boat Storage Self Storage 2019   255 Pads 22,941 5,850,000 5,850,000 0.7% 5,344,422 N 3/11/2021 5/6/2021
44 Arcadia Shopping Center Unanchored 2008   22,400 Sq. Ft. 259 5,800,000 5,800,000 0.7% 5,800,000 N 3/31/2021 5/6/2021
45 Turtle Creek Apartments Garden 1975   130 Units 41,866 5,450,000 5,442,518 0.7% 4,371,038 N 3/23/2021 5/6/2021
46 Walgreens-Burbank Single Tenant 2013   14,820 Sq. Ft. 364 5,400,000 5,400,000 0.7% 5,400,000 Y 2/16/2021 4/6/2021
47 Village Circle Apartments Garden 1982   115 Units 45,881 5,300,000 5,276,277 0.6% 4,203,749 N 2/5/2021 3/6/2021
48 CVS Portfolio Single Tenant Various   33,718 Sq. Ft. 151 5,100,000 5,100,000 0.6% 5,100,000 N 2/26/2021 4/6/2021
48.01 CVS Highland Single Tenant 1998   16,854 Sq. Ft.   2,750,000 2,750,000 0.3%        
48.02 CVS Raytown Single Tenant 1997   16,864 Sq. Ft.   2,350,000 2,350,000 0.3%        
49 La Hacienda Apartments Garden 1972 2020 124 Units 40,625 5,050,000 5,037,487 0.6% 4,092,842 N 3/5/2021 4/6/2021
50 260 Centre Avenue Mid Rise 1965 2012 31 Units 153,226 4,750,000 4,750,000 0.6% 4,750,000 N 3/15/2021 5/6/2021
51 Walgreens-Coralville Single Tenant 2008   14,759 Sq. Ft. 295 4,350,000 4,350,000 0.5% 4,350,000 N 2/26/2021 4/6/2021
52 Outerbanks Portfolio Limited Service Various Various 76 Rooms 56,493 4,300,000 4,293,503 0.5% 3,295,882 N 3/26/2021 5/6/2021
52.01 Colonial Inn Limited Service 1947 2020 39 Rooms   2,500,000 2,496,223 0.3%        
52.02 Seahorse Inn Limited Service 1970 2019 37 Rooms   1,800,000 1,797,280 0.2%        
53 Astoria Portfolio Warehouse Distribution 2020   17,636 Sq. Ft. 218 3,850,000 3,850,000 0.5% 3,520,711 N 3/31/2021 5/6/2021
54 Tramec Sloan Industrial Building Manufacturing 1981   109,954 Sq. Ft. 31 3,425,000 3,420,321 0.4% 2,749,544 N 3/31/2021 5/6/2021
55 Walgreens-Germantown Single Tenant 1999   13,819 Sq. Ft. 224 3,100,000 3,100,000 0.4% 3,100,000 N 2/26/2021 4/6/2021
56 Davita - Lakeport Medical 2019   11,026 Sq. Ft. 259 2,857,000 2,857,000 0.3% 2,857,000 N 12/23/2019 2/6/2020
57 Oak Park & Pecan Acres MHC Portfolio Manufactured Housing Community 1970   147 Pads 18,052 2,700,000 2,653,570 0.3% 2,175,283 N 3/12/2020 5/11/2020
57.01 Oak Park MHC Manufactured Housing Community 1970   82 Pads   1,470,000 1,444,722 0.2%        
57.02 Pecan Acres MHC Manufactured Housing Community 1970   65 Pads   1,230,000 1,208,849 0.1%        
58 850-860 Meridian Avenue Garden 1952 2020 20 Units 131,250 2,625,000 2,625,000 0.3% 2,625,000 N 4/5/2021 5/6/2021
59 Oakwood Flex Complex Industrial/Office 1989   57,755 Sq. Ft. 45 2,625,000 2,617,996 0.3% 2,100,245 N 2/24/2021 4/6/2021
60 Peace River Village MHC Manufactured Housing Community 1957   119 Pads 20,487 2,450,000 2,437,912 0.3% 1,881,757 N 1/29/2021 3/6/2021
61 StorQuest Phoenix - Bell Road Self Storage 1976   39,520 Sq. Ft. 58 2,275,000 2,275,000 0.3% 2,275,000 N 12/17/2020 2/6/2021
62 Dunedin Mini Storage Self Storage 1984   29,117 Sq. Ft. 73 2,137,500 2,137,500 0.3% 1,871,227 N 3/12/2020 5/11/2020
63 Dollar General Port Wentworth Single Tenant 2020   9,071 Sq. Ft. 132 1,200,000 1,200,000 0.1% 1,098,325 N 2/11/2021 4/6/2021
                             

A-1-2

 

 

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

 

Mortgage Loan Number Property Name Last IO Pay Date First P&I Pay Date Maturity Date or Anticipated Repayment Date ARD Loan Maturity Date Gross Mortgage Rate Trust Advisor Fee Certificate Administrator Fee Rate Servicing Fee CREFC® IP Royalty License Fee Rate Asset Representations Reviewer Fee Rate Net Mortgage Rate Interest Accrual Method Monthly P&I Payment ($)
1 Two Penn Center 4/11/2031   4/11/2031   3.26800% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.25140% Actual/360 187,482.59
2 Amazon @ Atlas 2/6/2031   2/6/2031   2.40500% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 2.38840% Actual/360 98,348.91
3 Tri-State Distribution Center 4/6/2031   4/6/2031   4.77500% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.75840% Actual/360 165,411.75
4 Magna Seating HQ 4/6/2031   4/6/2031   3.51000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.49340% Actual/360 111,804.06
5 MGM Grand & Mandalay Bay 3/5/2030   3/5/2030 3/5/2032 3.55800% 0.00178% 0.00902% 0.00313% 0.00050% 0.00030% 3.54328% Actual/360 109,725.59
5.01 MGM Grand                          
5.02 Mandalay Bay                          
6 Seacrest Homes 4/6/2031   4/6/2031   3.89000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.87340% Actual/360 98,600.69
7 Phoenix Industrial Portfolio V   1/6/2021 12/6/2030   3.71750% 0.00178% 0.00902% 0.00375% 0.00050% 0.00030% 3.70215% Actual/360 138,382.01
7.01 Newton                          
7.02 Fort Smith                          
7.03 Flint                          
7.04 Coffeyville                          
8 Consumer Cellular 4/11/2031   4/11/2031   4.47400% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.45740% Actual/360 103,953.18
9 160 Pine Street 3/11/2031   3/11/2031   3.58400% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.56740% Actual/360 82,274.79
10 Metairie MOB Portfolio   4/6/2021 3/6/2031   4.63500% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.61840% Actual/360 131,258.23
10.01 Independence Plaza                          
10.02 3530 Houma Boulevard                          
11 The Ratner 4/6/2028   4/6/2028   4.04500% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.02840% Actual/360 83,732.44
12 Burke Town Center 2/6/2024 3/6/2024 2/6/2031   4.72000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.70340% Actual/360 114,364.93
13 Southridge Center 4/6/2031   4/6/2031   3.99000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.97340% Actual/360 69,109.20
14 8800 Baymeadows   3/6/2021 2/6/2026   4.97750% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.96090% Actual/360 97,451.42
15 Seaport Homes 2/6/2031   2/6/2031   3.35000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.33340% Actual/360 50,947.92
16 2209 Sulphur Spring Road 3/6/2031   3/6/2031   4.15000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.13340% Actual/360 58,687.80
17 Southeast G6 Portfolio   5/6/2021 4/6/2031   4.59000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.57340% Actual/360 81,927.51
17.01 Studio 6 Chamblee                          
17.02 Studio 6 Savannah                          
17.03 Motel 6 Greenville                          
17.04 Motel 6 / Studio 6 Augusta                          
18 Crescent Gateway   3/6/2021 2/6/2031   4.03000% 0.00178% 0.00902% 0.00375% 0.00050% 0.00030% 4.01465% Actual/360 76,663.44
19 Herndon Square   5/6/2021 4/6/2031   4.02000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.00340% Actual/360 74,178.20
20 Aspen Court Apartments   5/6/2021 4/6/2031   5.10000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 5.08340% Actual/360 77,641.82
21 Bensalem Plaza Shopping Center   2/6/2021 1/6/2031   4.45000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.43340% Actual/360 62,964.85
22 Athens West Shopping Center   3/6/2020 2/6/2030   3.90000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.88340% Actual/360 57,071.85
23 Chico Mobile Country Club 3/6/2031   3/6/2031   3.79000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.77340% Actual/360 35,864.63
24 Allerand Portfolio 1   1/6/2021 12/6/2030   4.37000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.35340% Actual/360 55,437.83
24.01 Walgreens Ironton                          
24.02 Rite Aid Holt                          
24.03 Walgreens Ashland                          
24.04 Walgreens Stuarts Draft                          
24.05 Walgreens Clay                          
24.06 Walgreens Louisville                          
24.07 Rite Aid Fremont                          
24.08 Rite Aid New Baltimore                          
25 Ontario Gateway 4/11/2024 5/11/2024 4/11/2031   3.78900% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.77240% Actual/360 48,859.79
26 Cobble Hill Multifamily Portfolio 2/6/2026 3/6/2026 2/6/2031   4.17000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.15340% Actual/360 50,188.58
26.01 181 Court Street                          
26.02 131 Smith Street                          
27 Walgreens Portfolio 3/6/2031   3/6/2031   4.09800% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.08140% Actual/360 35,413.74
27.01 Walgreens-Santa Fe                          
27.02 Walgreens-Morehead City                          
28 Gateway Business Park   5/6/2021 4/6/2031   3.67000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.65340% Actual/360 50,978.71
29 Dearborn Industrial Portfolio   4/6/2021 3/6/2031   3.92400% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.90740% Actual/360 43,520.07
29.01 15000 North Commerce Drive                          
29.02 3001 Gulley Road                          
29.03 15201 Century Drive                          
29.04 15301 Century Drive                          
29.05 15401 Century Drive                          
29.06 15050 North Commerce Drive                          
29.07 15300 Rotunda Drive                          
30 Detroit Chassis   2/6/2021 1/6/2031   4.30000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.28340% Actual/360 44,785.87
31 Goldman Multifamily Portfolio Tranche 5 4/6/2023 5/6/2023 4/6/2031   3.95800% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.94140% Actual/360 42,749.74
31.01 7750 South Muskegon Avenue                          
31.02 6437 South Kenwood Avenue                          
31.03 7836 S. South Shore Drive                          
31.04 7810 South Ada Street                          
31.05 7760 South Coles Avenue                          
31.06 8000 South Justine Street                          
31.07 8214 South Ingleside Avenue                          
32 The Loom 4/6/2022 5/6/2022 4/6/2031   3.99000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.97340% Actual/360 39,577.63
33 Walgreens Bayamón 4/6/2031   4/6/2031   4.41000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.39340% Actual/360 28,541.48
34 Sedona Village 5/6/2031   5/6/2031   3.91000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.89340% Actual/360 24,942.09
35 Washington Street Storage Portfolio #2 4/6/2026 5/6/2026 4/6/2031   4.44000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.42340% Actual/360 36,476.67
35.01 Storage Mall Lex Park                          
35.02 Clarence Self Storage                          
35.03 West Side Mini Storage                          
35.04 Stor-Yor-Stuff                          
36 The Shops at 407 & Corner Shoppes 3/6/2026 4/6/2026 3/6/2031   4.35100% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.33440% Actual/360 34,950.52
36.01 Shops at 407                          
36.02 Corner Shoppes                          
37 10 Industrial Avenue 3/6/2031   3/6/2031   3.81000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.79340% Actual/360 22,533.68
38 Oak Park Michigan Storage 4/11/2026 5/11/2026 4/11/2031   3.80700% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.79040% Actual/360 32,644.91
39 Farmington Hills Michigan Storage 4/11/2026 5/11/2026 4/11/2031   3.80700% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.79040% Actual/360 32,644.91
40 Haight & Fillmore Apartments 4/6/2031   4/6/2031   4.15830% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.14170% Actual/360 23,539.64
41 GoodFriend Self Storage - East Harlem 2/6/2031   2/6/2031   4.72000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.70340% Actual/360 25,921.76
42 Whispering Palms Apartments 3/6/2026 4/6/2026 3/6/2031   4.76000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.74340% Actual/360 32,379.52
43 Elite RV & Boat Storage 4/6/2026 5/6/2026 4/6/2031   4.39700% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.38040% Actual/360 29,284.15
44 Arcadia Shopping Center 4/6/2031   4/6/2031   4.00000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.98340% Actual/360 19,601.85
45 Turtle Creek Apartments   5/6/2021 4/6/2031   4.27000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.25340% Actual/360 26,874.57
46 Walgreens-Burbank 3/6/2031   3/6/2031 1/6/2038 3.61760% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.60100% Actual/360 16,505.30
47 Village Circle Apartments   3/6/2021 2/6/2031   3.96400% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.94740% Actual/360 25,193.14
48 CVS Portfolio 3/6/2031   3/6/2031   5.00000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.98340% Actual/360 21,545.14
48.01 CVS Highland                          
48.02 CVS Raytown                          
49 La Hacienda Apartments   4/6/2021 3/6/2031   4.57000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.55340% Actual/360 25,798.08
50 260 Centre Avenue 4/6/2031   4/6/2031   4.32000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.30340% Actual/360 17,337.50
51 Walgreens-Coralville 3/6/2031   3/6/2031   4.09800% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.08140% Actual/360 15,061.57
52 Outerbanks Portfolio   5/6/2021 4/6/2031   5.70000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 5.68340% Actual/360 26,921.80
52.01 Colonial Inn                          
52.02 Seahorse Inn                          
53 Astoria Portfolio 4/6/2026 5/6/2026 4/6/2031   4.45730% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.44070% Actual/360 19,409.83
54 Tramec Sloan Industrial Building   5/6/2021 4/6/2031   4.29700% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.28040% Actual/360 16,943.31
55 Walgreens-Germantown 3/6/2031   3/6/2031   4.09800% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.08140% Actual/360 10,733.53
56 Davita - Lakeport 1/6/2030   1/6/2030   4.48200% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.46540% Actual/360 10,819.10
57 Oak Park & Pecan Acres MHC Portfolio   5/11/2020 4/11/2030   4.40000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.38340% Actual/360 13,520.54
57.01 Oak Park MHC                          
57.02 Pecan Acres MHC                          
58 850-860 Meridian Avenue 4/6/2031   4/6/2031   4.38000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.36340% Actual/360 9,714.32
59 Oakwood Flex Complex   4/6/2021 3/6/2031   4.20000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.18340% Actual/360 12,836.70
60 Peace River Village MHC   3/6/2021 2/6/2031   4.26000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.24340% Actual/360 12,615.04
61 StorQuest Phoenix - Bell Road 1/6/2031   1/6/2031   3.40920% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 3.39260% Actual/360 6,553.04
62 Dunedin Mini Storage 4/11/2023 5/11/2023 4/11/2030   4.50000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.48340% Actual/360 10,830.40
63 Dollar General Port Wentworth 3/6/2026 4/6/2026 3/6/2031   4.51000% 0.00178% 0.00902% 0.00500% 0.00050% 0.00030% 4.49340% Actual/360 6,087.36
                             

A-1-3

 

 

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

 

Mortgage Loan Number Property Name Amortization Type Interest Accrual Method During IO Original Term to Maturity or ARD (Mos.) Remaining Term to Maturity or ARD (Mos.) Original IO
Period (Mos.)		 Remaining IO
Period (Mos.)		 Original Amort Term (Mos.) Remaining Amort Term (Mos.) Seasoning Prepayment Provisions(3) Grace Period Default (Days)
1 Two Penn Center Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4) 0
2 Amazon @ Atlas Interest-only, Balloon Actual/360 120 117 120 117 0 0 3 L(27),D(86),O(7) 0
3 Tri-State Distribution Center Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4) 0
4 Magna Seating HQ Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(90),O(5) 0
5 MGM Grand & Mandalay Bay Interest-only, ARD Actual/360 120 106 120 106 0 0 14 GRTR 0.5% or YM(35),GRTR 0.5% or YM or D(78),O(7) 0
5.01 MGM Grand                      
5.02 Mandalay Bay                      
6 Seacrest Homes Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4) 0
7 Phoenix Industrial Portfolio V Amortizing Balloon   120 115 0 0 360 355 5 L(29),D(85),O(6) 0
7.01 Newton                      
7.02 Fort Smith                      
7.03 Flint                      
7.04 Coffeyville                      
8 Consumer Cellular Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4) 0
9 160 Pine Street Interest-only, Balloon Actual/360 120 118 120 118 0 0 2 L(26),GRTR 1% or YM or D(90),O(4) 0
10 Metairie MOB Portfolio Amortizing Balloon   120 118 0 0 360 358 2 L(26),D(91),O(3) 0
10.01 Independence Plaza                      
10.02 3530 Houma Boulevard                      
11 The Ratner Interest-only, Balloon Actual/360 84 83 84 83 0 0 1 L(25),D(55),O(4) 0
12 Burke Town Center Interest-only, Amortizing Balloon Actual/360 120 117 36 33 360 360 3 L(27),GRTR 1% or YM(86),O(7) 0
13 Southridge Center Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(23),GRTR 1% or YM(93),O(4) 0
14 8800 Baymeadows Amortizing Balloon   60 57 0 0 360 357 3 L(27),D(29),O(4) 0
15 Seaport Homes Interest-only, Balloon Actual/360 120 117 120 117 0 0 3 L(27),D(89),O(4) 0
16 2209 Sulphur Spring Road Interest-only, Balloon Actual/360 120 118 120 118 0 0 2 L(26),D(90),O(4) 0
17 Southeast G6 Portfolio Amortizing Balloon   120 119 0 0 360 359 1 L(25),D(91),O(4) 0
17.01 Studio 6 Chamblee                      
17.02 Studio 6 Savannah                      
17.03 Motel 6 Greenville                      
17.04 Motel 6 / Studio 6 Augusta                      
18 Crescent Gateway Amortizing Balloon   120 117 0 0 360 357 3 L(27),D(89),O(4) 0
19 Herndon Square Amortizing Balloon   120 119 0 0 360 359 1 L(25),D(91),O(4) 0
20 Aspen Court Apartments Amortizing Balloon   120 119 0 0 360 359 1 L(23),GRTR 1% or YM(93),O(4) 0
21 Bensalem Plaza Shopping Center Amortizing Balloon   120 116 0 0 360 356 4 L(28),D(88),O(4) 0
22 Athens West Shopping Center Amortizing Balloon   120 105 0 0 360 345 15 L(39),D(78),O(3) 0
23 Chico Mobile Country Club Interest-only, Balloon Actual/360 120 118 120 118 0 0 2 L(26),D(90),O(4) 0
24 Allerand Portfolio 1 Amortizing Balloon   120 115 0 0 360 355 5 L(23),GRTR 1% or YM(90),O(7) 0
24.01 Walgreens Ironton                      
24.02 Rite Aid Holt                      
24.03 Walgreens Ashland                      
24.04 Walgreens Stuarts Draft                      
24.05 Walgreens Clay                      
24.06 Walgreens Louisville                      
24.07 Rite Aid Fremont                      
24.08 Rite Aid New Baltimore                      
25 Ontario Gateway Interest-only, Amortizing Balloon Actual/360 120 119 36 35 360 360 1 L(25),D(91),O(4) 0
26 Cobble Hill Multifamily Portfolio Interest-only, Amortizing Balloon Actual/360 120 117 60 57 360 360 3 L(24),GRTR 1% or YM(92),O(4) 0
26.01 181 Court Street                      
26.02 131 Smith Street                      
27 Walgreens Portfolio Interest-only, Balloon Actual/360 120 118 120 118 0 0 2 L(26),D(90),O(4) 0
27.01 Walgreens-Santa Fe                      
27.02 Walgreens-Morehead City                      
28 Gateway Business Park Amortizing Balloon   120 119 0 0 300 299 1 L(25),D(90),O(5) 0
29 Dearborn Industrial Portfolio Amortizing Balloon   120 118 0 0 360 358 2 L(26),D(89),O(5) 0
29.01 15000 North Commerce Drive                      
29.02 3001 Gulley Road                      
29.03 15201 Century Drive                      
29.04 15301 Century Drive                      
29.05 15401 Century Drive                      
29.06 15050 North Commerce Drive                      
29.07 15300 Rotunda Drive                      
30 Detroit Chassis Amortizing Balloon   120 116 0 0 360 356 4 L(28),D(88),O(4) 0
31 Goldman Multifamily Portfolio Tranche 5 Interest-only, Amortizing Balloon Actual/360 120 119 24 23 360 360 1 L(25),D(91),O(4) 0
31.01 7750 South Muskegon Avenue                      
31.02 6437 South Kenwood Avenue                      
31.03 7836 S. South Shore Drive                      
31.04 7810 South Ada Street                      
31.05 7760 South Coles Avenue                      
31.06 8000 South Justine Street                      
31.07 8214 South Ingleside Avenue                      
32 The Loom Interest-only, Amortizing Balloon Actual/360 120 119 12 11 360 360 1 L(25),D(92),O(3) 0
33 Walgreens Bayamón Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4) 0
34 Sedona Village Interest-only, Balloon Actual/360 120 120 120 120 0 0 0 L(24),GRTR 1% or YM(92),O(4) 0
35 Washington Street Storage Portfolio #2 Interest-only, Amortizing Balloon Actual/360 120 119 60 59 360 360 1 L(25),D(91),O(4) 0
35.01 Storage Mall Lex Park                      
35.02 Clarence Self Storage                      
35.03 West Side Mini Storage                      
35.04 Stor-Yor-Stuff                      
36 The Shops at 407 & Corner Shoppes Interest-only, Amortizing Balloon Actual/360 120 118 60 58 360 360 2 L(26),D(89),O(5) 0
36.01 Shops at 407                      
36.02 Corner Shoppes                      
37 10 Industrial Avenue Interest-only, Balloon Actual/360 120 118 120 118 0 0 2 L(26),D(91),O(3) 0
38 Oak Park Michigan Storage Interest-only, Amortizing Balloon Actual/360 120 119 60 59 360 360 1 L(25),D(91),O(4) 0
39 Farmington Hills Michigan Storage Interest-only, Amortizing Balloon Actual/360 120 119 60 59 360 360 1 L(25),D(91),O(4) 0
40 Haight & Fillmore Apartments Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(12),GRTR 1% or YM(104),O(4) 0
41 GoodFriend Self Storage - East Harlem Interest-only, Balloon Actual/360 120 117 120 117 0 0 3 L(27),D(88),O(5) 0
42 Whispering Palms Apartments Interest-only, Amortizing Balloon Actual/360 120 118 60 58 360 360 2 L(26),D(90),O(4) 0
43 Elite RV & Boat Storage Interest-only, Amortizing Balloon Actual/360 120 119 60 59 360 360 1 L(25),D(91),O(4) 0
44 Arcadia Shopping Center Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4) 0
45 Turtle Creek Apartments Amortizing Balloon   120 119 0 0 360 359 1 L(25),D(92),O(3) 0
46 Walgreens-Burbank Interest-only, ARD Actual/360 120 118 120 118 0 0 2 L(26),D(90),O(4) 0
47 Village Circle Apartments Amortizing Balloon   120 117 0 0 360 357 3 L(27),D(89),O(4) 0
48 CVS Portfolio Interest-only, Balloon Actual/360 120 118 120 118 0 0 2 L(23),GRTR 1% or YM(90),O(7) 0
48.01 CVS Highland                      
48.02 CVS Raytown                      
49 La Hacienda Apartments Amortizing Balloon   120 118 0 0 360 358 2 L(26),D(90),O(4) 0
50 260 Centre Avenue Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4) 0
51 Walgreens-Coralville Interest-only, Balloon Actual/360 120 118 120 118 0 0 2 L(26),D(90),O(4) 0
52 Outerbanks Portfolio Amortizing Balloon   120 119 0 0 300 299 1 L(25),D(91),O(4) 0
52.01 Colonial Inn                      
52.02 Seahorse Inn                      
53 Astoria Portfolio Interest-only, Amortizing Balloon Actual/360 120 119 60 59 360 360 1 L(25),D(91),O(4) 0
54 Tramec Sloan Industrial Building Amortizing Balloon   120 119 0 0 360 359 1 L(25),D(91),O(4) 0
55 Walgreens-Germantown Interest-only, Balloon Actual/360 120 118 120 118 0 0 2 L(26),D(90),O(4) 0
56 Davita - Lakeport Interest-only, Balloon Actual/360 120 104 120 104 0 0 16 L(36),GRTR 1% or YM(4),D(76),O(4) 0
57 Oak Park & Pecan Acres MHC Portfolio Amortizing Balloon   120 107 0 0 360 347 13 L(37),D(80),O(3) 0
57.01 Oak Park MHC                      
57.02 Pecan Acres MHC                      
58 850-860 Meridian Avenue Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4) 0
59 Oakwood Flex Complex Amortizing Balloon   120 118 0 0 360 358 2 L(26),D(90),O(4) 0
60 Peace River Village MHC Amortizing Balloon   120 117 0 0 330 327 3 L(27),D(89),O(4) 0
61 StorQuest Phoenix - Bell Road Interest-only, Balloon Actual/360 120 116 120 116 0 0 4 L(28),D(86),O(6) 0
62 Dunedin Mini Storage Interest-only, Amortizing Balloon Actual/360 120 107 36 23 360 360 13 L(37),GRTR 1% or YM(77),O(6) 0
63 Dollar General Port Wentworth Interest-only, Amortizing Balloon Actual/360 120 118 60 58 360 360 2 L(26),D(90),O(4) 0
                         

A-1-4

 

 

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

 

Mortgage Loan Number Property Name Grace Period Late (Days)(4) Appraised Value ($)(5) Appraisal Date Coop -Rental Value  Coop - LTV as Rental Coop - Unsold Percent  Coop - Sponsor Units  Coop - Investor Units  Coop - Units Coop - Sponsor Carry Coop - Committed Secondary Debt U/W NOI
DSCR (x)(5)		 U/W NCF
DSCR (x)(5)		 Cut-off Date LTV Ratio(5)
1 Two Penn Center 0 118,700,000 2/26/2021                 3.58 3.34 57.2%
2 Amazon @ Atlas 0 121,000,000 1/13/2021                 4.96 4.93 40.0%
3 Tri-State Distribution Center 0 63,000,000 2/17/2021                 1.46 1.45 64.2%
4 Magna Seating HQ 0 58,000,000 2/10/2021                 2.51 2.29 65.0%
5 MGM Grand & Mandalay Bay 0 4,600,000,000 1/10/2020                 4.95 4.95 35.5%
5.01 MGM Grand   2,505,000,000 1/10/2020                      
5.02 Mandalay Bay   2,095,000,000 1/10/2020                      
6 Seacrest Homes 0 90,000,000 3/9/2021                 2.25 2.23 53.3%
7 Phoenix Industrial Portfolio V 0 145,300,000 Various                 2.16 1.97 64.9%
7.01 Newton   50,800,000 10/16/2020                      
7.02 Fort Smith   46,500,000 10/18/2022                      
7.03 Flint   27,300,000 10/9/2020                      
7.04 Coffeyville   20,700,000 10/21/2020                      
8 Consumer Cellular 0 43,000,000 2/22/2021                 1.93 1.78 64.0%
9 160 Pine Street 0 49,400,000 2/2/2021                 2.27 2.16 55.0%
10 Metairie MOB Portfolio 0 38,200,000 12/14/2020                 1.37 1.36 66.6%
10.01 Independence Plaza   22,700,000 12/14/2020                      
10.02 3530 Houma Boulevard   15,500,000 12/14/2020                      
11 The Ratner 5 45,300,000 2/9/2021                 2.53 2.46 54.1%
12 Burke Town Center 10 31,000,000 12/9/2020                 1.37 1.33 71.0%
13 Southridge Center 5 (once per rolling 12 month period) 43,500,000 9/30/2020                 3.60 3.21 47.1%
14 8800 Baymeadows 0 28,400,000 12/9/2020                 1.75 1.64 63.8%
15 Seaport Homes 0 63,500,000 1/5/2021                 2.67 2.62 50.4%
16 2209 Sulphur Spring Road 0 27,200,000 12/23/2020                 2.07 1.93 61.5%
17 Southeast G6 Portfolio 0 33,400,000 Various                 3.10 2.77 47.8%
17.01 Studio 6 Chamblee   10,000,000 3/2/2021                      
17.02 Studio 6 Savannah   8,100,000 3/4/2021                      
17.03 Motel 6 Greenville   8,700,000 3/3/2021                      
17.04 Motel 6 / Studio 6 Augusta   6,600,000 3/3/2021                      
18 Crescent Gateway 0 75,400,000 12/2/2020                 1.48 1.42 63.4%
19 Herndon Square 0 44,200,000 1/12/2021                 1.93 1.73 68.9%
20 Aspen Court Apartments 0 21,800,000 3/11/2021                 1.48 1.39 65.5%
21 Bensalem Plaza Shopping Center 0 21,700,000 12/2/2020                 1.60 1.49 57.3%
22 Athens West Shopping Center 0 16,400,000 12/10/2019                 1.94 1.78 70.9%
23 Chico Mobile Country Club 0 19,890,000 11/16/2020                 2.09 2.07 56.3%
24 Allerand Portfolio 1 0 18,545,000 Various                 1.88 1.75 59.5%
24.01 Walgreens Ironton   3,175,000 10/10/2020                      
24.02 Rite Aid Holt   3,140,000 10/16/2020                      
24.03 Walgreens Ashland   2,800,000 10/14/2020                      
24.04 Walgreens Stuarts Draft   2,100,000 10/8/2020                      
24.05 Walgreens Clay   1,800,000 10/15/2020                      
24.06 Walgreens Louisville   2,100,000 10/16/2020                      
24.07 Rite Aid Fremont   1,800,000 10/16/2020                      
24.08 Rite Aid New Baltimore   1,630,000 10/16/2020                      
25 Ontario Gateway 0 15,900,000 2/22/2021                 1.80 1.69 66.0%
26 Cobble Hill Multifamily Portfolio 5 16,700,000 1/12/2021                 1.34 1.33 61.7%
26.01 181 Court Street   8,600,000 1/12/2021                      
26.02 131 Smith Street   8,100,000 1/12/2021                      
27 Walgreens Portfolio 0 17,000,000 1/19/2021                 2.06 2.06 60.2%
27.01 Walgreens-Santa Fe   9,450,000 1/19/2021                      
27.02 Walgreens-Morehead City   7,550,000 1/19/2021                      
28 Gateway Business Park 0 19,000,000 2/22/2021                 1.48 1.42 52.5%
29 Dearborn Industrial Portfolio 0 13,290,000 12/2/2020                 2.17 2.02 69.0%
29.01 15000 North Commerce Drive   3,570,000 12/2/2020                      
29.02 3001 Gulley Road   3,020,000 12/2/2020                      
29.03 15201 Century Drive   2,770,000 12/2/2020                      
29.04 15301 Century Drive   2,390,000 12/2/2020                      
29.05 15401 Century Drive   1,540,000 12/2/2020                      
29.06 15050 North Commerce Drive   NAP NAP                      
29.07 15300 Rotunda Drive   NAP NAP                      
30 Detroit Chassis 0, one time grace period of 5 days 15,500,000 11/23/2020                 1.89 1.72 58.1%
31 Goldman Multifamily Portfolio Tranche 5 5 12,200,000 11/18/2020                 1.89 1.81 73.8%
31.01 7750 South Muskegon Avenue   3,325,000 11/18/2020                      
31.02 6437 South Kenwood Avenue   2,300,000 11/18/2020                      
31.03 7836 S. South Shore Drive   2,200,000 11/18/2020                      
31.04 7810 South Ada Street   1,275,000 11/18/2020                      
31.05 7760 South Coles Avenue   1,125,000 11/18/2020                      
31.06 8000 South Justine Street   1,000,000 11/18/2020                      
31.07 8214 South Ingleside Avenue   975,000 11/18/2020                      
32 The Loom 0 13,300,000 3/9/2021                 1.95 1.78 62.4%
33 Walgreens Bayamón 0 11,500,000 1/20/2021                 2.05 2.04 66.6%
34 Sedona Village 5 (once per rolling 12 month period) 16,500,000 1/13/2021                 3.98 3.50 45.8%
35 Washington Street Storage Portfolio #2 0 11,580,000 Various                 1.61 1.57 62.6%
35.01 Storage Mall Lex Park   3,300,000 2/25/2021                      
35.02 Clarence Self Storage   3,190,000 2/22/2021                      
35.03 West Side Mini Storage   3,000,000 2/23/2021                      
35.04 Stor-Yor-Stuff   1,660,000 2/23/2021                      
36 The Shops at 407 & Corner Shoppes 0 11,900,000 12/15/2020                 1.89 1.80 59.0%
36.01 Shops at 407   6,900,000 12/15/2020                      
36.02 Corner Shoppes   5,000,000 12/15/2020                      
37 10 Industrial Avenue 0 13,000,000 12/21/2020                 3.10 2.90 53.8%
38 Oak Park Michigan Storage 0 9,600,000 2/11/2021                 1.65 1.61 72.9%
39 Farmington Hills Michigan Storage 0 9,550,000 2/11/2021                 1.67 1.65 73.3%
40 Haight & Fillmore Apartments 0 12,560,000 1/4/2021                 2.12 2.06 53.3%
41 GoodFriend Self Storage - East Harlem 0 15,700,000 10/17/2020                 2.31 2.31 41.4%
42 Whispering Palms Apartments 0 9,700,000 1/19/2021                 1.33 1.29 63.9%
43 Elite RV & Boat Storage 0 9,910,000 2/2/2021                 1.45 1.43 59.0%
44 Arcadia Shopping Center 0 10,250,000 3/10/2021                 2.82 2.71 56.6%
45 Turtle Creek Apartments 0 7,550,000 2/19/2021                 1.52 1.45 72.1%
46 Walgreens-Burbank 0 9,075,000 11/14/2020                 2.41 2.41 59.5%
47 Village Circle Apartments 0 7,900,000 1/8/2021                 1.71 1.58 66.8%
48 CVS Portfolio 0 8,470,000 Various                 1.64 1.64 60.2%
48.01 CVS Highland   4,570,000 2/5/2021                      
48.02 CVS Raytown   3,900,000 2/9/2021                      
49 La Hacienda Apartments 0 7,330,000 1/13/2021                 1.52 1.41 68.7%
50 260 Centre Avenue 0 7,100,000 2/17/2021                 1.92 1.88 66.9%
51 Walgreens-Coralville 0 7,050,000 1/21/2021                 2.03 2.03 61.7%
52 Outerbanks Portfolio 0 7,900,000 2/16/2021                 2.45 2.22 54.3%
52.01 Colonial Inn   4,300,000 2/16/2021                      
52.02 Seahorse Inn   3,600,000 2/16/2021                      
53 Astoria Portfolio 0 6,800,000 2/11/2021                 1.46 1.43 56.6%
54 Tramec Sloan Industrial Building 0 5,110,000 3/1/2021                 1.93 1.79 66.9%
55 Walgreens-Germantown 0 5,300,000 1/28/2021                 2.05 2.05 58.5%
56 Davita - Lakeport 0 5,150,000 11/15/2019                 2.23 2.14 55.5%
57 Oak Park & Pecan Acres MHC Portfolio 0 4,260,000 2/4/2021                 1.92 1.87 62.3%
57.01 Oak Park MHC   2,310,000 2/4/2021                      
57.02 Pecan Acres MHC   1,950,000 2/4/2021                      
58 850-860 Meridian Avenue 0 4,400,000 2/24/2021                 1.48 1.44 59.7%
59 Oakwood Flex Complex 0 4,750,000 1/15/2021                 2.72 2.47 55.1%
60 Peace River Village MHC 0 4,100,000 11/21/2020                 1.91 1.87 59.5%
61 StorQuest Phoenix - Bell Road 0 3,810,000 10/29/2020                 3.05 3.00 59.7%
62 Dunedin Mini Storage 0 3,680,000 1/28/2021                 1.88 1.85 58.1%
63 Dollar General Port Wentworth 0 1,900,000 12/15/2020                 1.53 1.51 63.2%
                               

A-1-5

 

 

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

 

Mortgage Loan Number Property Name LTV Ratio at Maturity or ARD(5) Cut-off Date U/W NOI Debt Yield(5) Cut-off Date U/W NCF Debt Yield(5) U/W
Revenues ($)(2)		 U/W
Expenses ($)		 U/W Net Operating Income ($) U/W
Replacement ($)		 U/W
TI/LC ($)		 U/W
Net Cash Flow ($)		 Occupancy Rate(2)(5)(6) Occupancy as-of Date U/W Hotel ADR U/W Hotel RevPAR Most Recent Period
1 Two Penn Center 57.2% 11.9% 11.1% 13,458,637 5,395,108 8,063,529 81,545 466,108 7,515,876 84.8% 12/2/2020     Actual 2020
2 Amazon @ Atlas 40.0% 12.1% 12.0% 8,494,809 2,638,705 5,856,104 34,066 0 5,822,038 100.0% 5/1/2021     TTM 9/30/2020
3 Tri-State Distribution Center 64.2% 7.1% 7.0% 3,911,994 1,051,201 2,860,793 24,925 0 2,835,868 100.0% 3/1/2021     TTM 1/31/2021
4 Magna Seating HQ 65.0% 8.9% 8.2% 4,193,217 828,955 3,364,262 36,000 254,825 3,073,437 100.0% 5/1/2021     TTM 2/28/2021
5 MGM Grand & Mandalay Bay 35.5% 17.9% 17.9% 2,106,295,488 1,586,215,135 520,080,353 32,774,592 0 487,305,761 54.2% 12/31/2020 197 181 Actual 2020
5.01 MGM Grand       1,161,850,748 879,242,083 282,608,665 16,011,953 0 266,596,712 52.7% 12/31/2020 190 174 Actual 2020
5.02 Mandalay Bay       944,444,740 706,973,052 237,471,688 16,762,639 0 220,709,049 55.8% 12/31/2020 203 188 Actual 2020
6 Seacrest Homes 53.3% 8.9% 8.8% 5,800,791 1,543,217 4,257,575 44,000 0 4,213,575 98.3% 3/1/2021     TTM 2/28/2021
7 Phoenix Industrial Portfolio V 51.4% 12.1% 11.0% 16,002,672 4,638,883 11,363,789 380,766 604,023 10,379,000 88.0% Various     TTM 01/31/2021
7.01 Newton       6,223,443 2,765,767 3,457,676 222,000 375,140 2,860,536 77.6% 12/31/2020     TTM 01/31/2021
7.02 Fort Smith       4,189,158 703,597 3,485,562 11,967 124,641 3,348,953 90.5% 12/31/2020     TTM 01/31/2021
7.03 Flint       3,066,885 520,242 2,546,644 14,858 83,725 2,448,060 99.4% 12/31/2020     TTM 01/31/2021
7.04 Coffeyville       2,523,185 649,278 1,873,907 131,940 20,517 1,721,450 100.0% 5/1/2021     TTM 01/31/2021
8 Consumer Cellular 64.0% 8.8% 8.1% 3,342,161 930,392 2,411,769 32,721 163,607 2,215,440 100.0% 5/11/2021     Actual 2020
9 160 Pine Street 55.0% 8.2% 7.9% 4,187,051 1,947,913 2,239,137 20,280 85,484 2,133,373 76.5% 3/31/2021     Actual 2020
10 Metairie MOB Portfolio 54.2% 8.5% 8.4% 2,867,717 710,575 2,157,142 17,093 0 2,140,049 100.0% 2/9/2021     Actual 2020
10.01 Independence Plaza       1,663,613 381,179 1,282,434 10,523 0 1,271,912 100.0% 2/9/2021     Actual 2020
10.02 3530 Houma Boulevard       1,204,104 329,396 874,708 6,570 0 868,137 100.0% 2/9/2021     Actual 2020
11 The Ratner 54.1% 10.4% 10.1% 3,611,043 1,067,445 2,543,598 36,701 35,104 2,471,793 78.8% 2/1/2021     Actual 2020
12 Burke Town Center 62.4% 8.5% 8.3% 2,375,682 502,070 1,873,612 5,736 38,237 1,829,640 100.0% 12/14/2020     TTM 11/30/2020
13 Southridge Center 47.1% 14.6% 13.0% 4,157,542 1,172,566 2,984,976 74,586 248,621 2,661,769 100.0% 2/9/2021     Actual 2020
14 8800 Baymeadows 59.1% 11.3% 10.6% 3,912,386 1,871,180 2,041,206 54,864 72,216 1,914,126 75.8% 1/20/2021     Actual 2020
15 Seaport Homes 50.4% 9.1% 8.9% 3,902,260 1,003,729 2,898,531 47,600 0 2,850,931 98.5% 12/7/2020     Actual 2020
16 2209 Sulphur Spring Road 61.5% 8.7% 8.1% 1,782,463 326,347 1,456,116 31,300 62,600 1,362,216 100.0% 12/31/2020     TTM 11/30/2020
17 Southeast G6 Portfolio 38.8% 19.0% 17.0% 6,410,564 3,366,927 3,043,637 320,528 0 2,723,109 66.9% 2/28/2021 42 28 TTM 2/28/2021
17.01 Studio 6 Chamblee       1,793,448 849,041 944,407 89,672 0 854,735 84.2% 2/28/2021 47 40 TTM 2/28/2021
17.02 Studio 6 Savannah       1,586,100 795,022 791,079 79,305 0 711,774 60.7% 2/28/2021 44 26 TTM 2/28/2021
17.03 Motel 6 Greenville       1,695,759 899,879 795,881 84,788 0 711,093 69.9% 2/28/2021 41 28 TTM 2/28/2021
17.04 Motel 6 / Studio 6 Augusta       1,335,257 822,986 512,271 66,763 0 445,508 57.4% 2/28/2021 37 21 TTM 2/28/2021
18 Crescent Gateway 50.6% 8.5% 8.2% 6,120,547 2,037,978 4,082,569 28,946 144,717 3,908,906 82.9% 2/2/2021     Actual 2020
19 Herndon Square 54.9% 11.1% 10.0% 5,326,888 1,947,915 3,378,974 52,701 295,261 3,031,012 87.8% 3/19/2021     TTM 2/28/2021
20 Aspen Court Apartments 54.1% 9.6% 9.0% 2,617,497 1,243,200 1,374,297 82,250 0 1,292,047 90.3% 3/3/2021     TTM 2/28/2021
21 Bensalem Plaza Shopping Center 46.5% 9.7% 9.0% 1,558,516 352,782 1,205,734 16,368 65,470 1,123,896 89.5% 11/1/2020     TTM 9/30/2020
22 Athens West Shopping Center 56.4% 11.4% 10.5% 1,771,256 443,060 1,328,196 17,839 89,195 1,221,162 97.6% 8/25/2020     Actual 2020
23 Chico Mobile Country Club 56.3% 8.0% 7.9% 1,647,846 746,966 900,880 10,858 0 890,022 98.3% 2/1/2021     TTM 1/31/2021
24 Allerand Portfolio 1 48.2% 11.3% 10.5% 1,254,411 1,938 1,252,473 0 88,273 1,164,200 100.0% 5/1/2021     TTM 9/30/2020
24.01 Walgreens Ironton       197,860 0 197,860 0 11,166 186,694 100.0% 5/1/2021     TTM 9/30/2020
24.02 Rite Aid Holt       219,844 311 219,533 0 11,060 208,473 100.0% 5/1/2021     TTM 9/30/2020
24.03 Walgreens Ashland       184,505 0 184,505 0 10,663 173,842 100.0% 5/1/2021     TTM 9/30/2020
24.04 Walgreens Stuarts Draft       140,000 0 140,000 0 11,055 128,945 100.0% 5/1/2021     TTM 9/30/2020
24.05 Walgreens Clay       130,203 810 129,393 0 11,225 118,168 100.0% 5/1/2021     TTM 9/30/2020
24.06 Walgreens Louisville       126,000 0 126,000 0 10,912 115,088 100.0% 5/1/2021     TTM 9/30/2020
24.07 Rite Aid Fremont       126,000 311 125,689 0 11,092 114,597 100.0% 5/1/2021     TTM 9/30/2020
24.08 Rite Aid New Baltimore       130,000 506 129,494 0 11,100 118,394 100.0% 5/1/2021     TTM 9/30/2020
25 Ontario Gateway 56.8% 10.0% 9.4% 1,697,145 643,178 1,053,968 15,581 47,903 990,484 95.4% 3/31/2021     Actual 2020
26 Cobble Hill Multifamily Portfolio 56.1% 7.9% 7.8% 916,681 106,684 809,997 2,750 5,107 802,140 100.0% 2/1/2021     Various
26.01 181 Court Street       464,062 53,880 410,182 1,500 2,797 405,885 100.0% 2/1/2021     Annualized 7 1/31/2021
26.02 131 Smith Street       452,619 52,804 399,815 1,250 2,310 396,255 100.0% 2/1/2021     TTM 1/31/2021
27 Walgreens Portfolio 60.2% 8.5% 8.5% 903,160 29,604 873,556 0 0 873,556 100.0% 5/1/2021     NAV
27.01 Walgreens-Santa Fe       515,356 16,688 498,668 0 0 498,668 100.0% 5/1/2021     NAV
27.02 Walgreens-Morehead City       387,803 12,916 374,888 0 0 374,888 100.0% 5/1/2021     NAV
28 Gateway Business Park 37.4% 9.1% 8.7% 1,145,558 241,792 903,766 8,350 23,703 871,713 93.5% 2/12/2021     TTM 2/28/2021
29 Dearborn Industrial Portfolio 54.8% 12.4% 11.5% 1,602,363 466,923 1,135,440 47,720 33,457 1,054,263 66.2% Various     Actual 2020
29.01 15000 North Commerce Drive       371,714 122,595 249,120 8,010 8,205 232,905 84.3% 2/2/2021     Actual 2020
29.02 3001 Gulley Road       344,077 94,520 249,557 12,912 7,034 229,611 90.0% 2/2/2021     Actual 2020
29.03 15201 Century Drive       355,713 108,782 246,931 11,904 7,867 227,160 100.0% 2/2/2021     Actual 2020
29.04 15301 Century Drive       311,922 78,313 233,609 9,710 7,024 216,875 100.0% 2/2/2021     Actual 2020
29.05 15401 Century Drive       218,936 62,713 156,223 5,184 3,327 147,712 100.0% 2/2/2021     Actual 2020
29.06 15050 North Commerce Drive       NAV NAV NAV NAV NAV NAV 7.7% 2/2/2021     NAV
29.07 15300 Rotunda Drive       NAV NAV NAV NAV NAV NAV 7.8% 2/9/2021     NAV
30 Detroit Chassis 46.9% 11.3% 10.3% 1,416,580 402,171 1,014,409 21,999 65,998 926,411 100.0% 5/1/2021     NAV
31 Goldman Multifamily Portfolio Tranche 5 62.1% 10.8% 10.3% 1,676,985 709,003 967,982 37,750 0 930,232 94.0% 4/7/2021     Annualized 1 1/21/2021
31.01 7750 South Muskegon Avenue       508,672 208,416 300,256 11,750 0 288,506 100.0% 4/7/2021     Annualized 1 2/28/2021
31.02 6437 South Kenwood Avenue       292,866 112,036 180,831 6,250 0 174,581 100.0% 4/7/2021     Annualized 1 2/28/2021
31.03 7836 S. South Shore Drive       318,315 140,669 177,645 7,250 0 170,395 93.1% 4/7/2021     Annualized 1 2/28/2021
31.04 7810 South Ada Street       158,172 61,482 96,690 3,250 0 93,440 100.0% 4/7/2021     Annualized 1 2/28/2021
31.05 7760 South Coles Avenue       164,982 70,580 94,402 3,250 0 91,152 100.0% 4/7/2021     Annualized 1 2/28/2021
31.06 8000 South Justine Street       148,928 65,133 83,795 3,000 0 80,795 91.7% 4/7/2021     Annualized 1 2/28/2021
31.07 8214 South Ingleside Avenue       85,051 50,687 34,365 3,000 0 31,365 58.3% 4/7/2021     Annualized 1 2/28/2021
32 The Loom 51.1% 11.2% 10.2% 1,561,895 634,242 927,652 18,579 65,108 843,965 91.7% 3/23/2021     TTM 2/28/2021
33 Walgreens Bayamón 66.6% 9.2% 9.1% 723,287 21,699 701,588 2,349 0 699,239 100.0% 5/1/2021     NAV
34 Sedona Village 45.8% 15.8% 13.9% 1,729,161 538,170 1,190,991 18,811 125,407 1,046,773 86.0% 1/7/2021     TTM 11/30/2020
35 Washington Street Storage Portfolio #2 57.2% 9.7% 9.5% 1,059,799 353,578 706,221 19,748 0 686,474 94.2% Various     TTM 1/31/2021
35.01 Storage Mall Lex Park       292,108 81,640 210,468 4,406 0 206,062 97.9% 2/26/2021     TTM 1/31/2021
35.02 Clarence Self Storage       307,262 93,437 213,825 3,386 0 210,439 85.2% 2/24/2021     TTM 1/31/2021
35.03 West Side Mini Storage       292,920 113,162 179,758 7,020 0 172,738 98.7% 2/15/2021     TTM 1/31/2021
35.04 Stor-Yor-Stuff       167,509 65,339 102,170 4,935 0 97,235 90.7% 2/10/2021     TTM 1/31/2021
36 The Shops at 407 & Corner Shoppes 53.9% 11.3% 10.7% 1,020,121 225,838 794,283 4,082 36,693 753,508 100.0% 1/1/2021     Actual 2020
36.01 Shops at 407       603,871 144,189 459,682 2,141 21,227 436,315 100.0% 1/1/2021     Actual 2020
36.02 Corner Shoppes       416,250 81,649 334,601 1,941 15,467 317,193 100.0% 1/1/2021     Actual 2020
37 10 Industrial Avenue 53.8% 12.0% 11.2% 1,200,051 360,753 839,298 9,181 45,904 784,213 90.3% 12/10/2020     Actual 2020
38 Oak Park Michigan Storage 66.0% 9.2% 9.0% 1,000,819 356,233 644,586 12,674 0 631,913 95.3% 3/15/2021     TTM 2/28/2021
39 Farmington Hills Michigan Storage 66.3% 9.4% 9.2% 978,983 324,047 654,937 9,354 0 645,583 86.9% 3/15/2021     TTM 2/28/2021
40 Haight & Fillmore Apartments 53.3% 8.9% 8.7% 843,272 245,369 597,903 16,900 0 581,003 96.0% 3/23/2021     TTM 2/28/2021
41 GoodFriend Self Storage - East Harlem 41.4% 11.1% 11.1% 720,000 0 720,000 0 0 720,000 100.0% 11/1/2020     Actual 2020
42 Whispering Palms Apartments 58.7% 8.3% 8.1% 1,041,218 524,923 516,296 16,000 0 500,296 98.4% 1/13/2021     TTM 1/31/2021
43 Elite RV & Boat Storage 53.9% 8.7% 8.6% 902,185 393,297 508,888 5,100 0 503,788 95.7% 3/3/2021     TTM 2/28/2021
44 Arcadia Shopping Center 56.6% 11.4% 11.0% 921,073 258,113 662,960 4,480 20,000 638,480 92.1% 3/1/2021     TTM 1/31/2021
45 Turtle Creek Apartments 57.9% 9.0% 8.6% 860,769 369,877 490,892 24,000 0 466,892 92.6% 2/22/2021     TTM 1/31/2021
46 Walgreens-Burbank 59.5% 8.8% 8.8% 499,208 22,851 476,357 0 0 476,357 100.0% 5/1/2021     NAV
47 Village Circle Apartments 53.2% 9.8% 9.1% 928,519 412,756 515,764 37,752 0 478,012 93.9% 1/31/2021     Actual 2020
48 CVS Portfolio 60.2% 8.3% 8.3% 423,323 0 423,323 0 0 423,323 100.0% 5/1/2021     TTM 2/28/2021
48.01 CVS Highland       228,689 0 228,689 0 0 228,689 100.0% 5/1/2021     TTM 2/28/2021
48.02 CVS Raytown       194,634 0 194,634 0 0 194,634 100.0% 5/1/2021     TTM 2/28/2021
49 La Hacienda Apartments 55.8% 9.3% 8.7% 938,934 468,050 470,884 34,100 0 436,784 96.8% 3/1/2021     TTM 1/31/2021
50 260 Centre Avenue 66.9% 8.4% 8.3% 583,963 184,155 399,809 7,750 0 392,059 100.0% 2/24/2021     TTM 2/28/2021
51 Walgreens-Coralville 61.7% 8.4% 8.4% 380,284 12,721 367,563 0 0 367,563 100.0% 5/1/2021     NAV
52 Outerbanks Portfolio 41.7% 18.4% 16.7% 1,864,905 1,074,041 790,864 74,596 0 716,268 46.5% 2/28/2021 144 67 TTM 2/28/2021
52.01 Colonial Inn       1,038,606 582,967 455,639 41,544 0 414,095 47.8% 2/28/2021 153 73 TTM 2/28/2021
52.02 Seahorse Inn       826,299 491,074 335,225 33,052 0 302,173 45.3% 2/28/2021 135 61 TTM 2/28/2021
53 Astoria Portfolio 51.8% 8.9% 8.7% 436,084 95,332 340,752 2,645 4,991 333,116 100.0% 3/17/2021     Annualized 10 2/28/2021
54 Tramec Sloan Industrial Building 53.8% 11.4% 10.6% 411,722 20,105 391,616 10,995 17,494 363,126 100.0% 5/1/2021     Actual 2020
55 Walgreens-Germantown 58.5% 8.5% 8.5% 273,050 9,420 263,631 0 0 263,631 100.0% 5/1/2021     NAV
56 Davita - Lakeport 55.5% 10.1% 9.7% 361,314 72,265 289,050 1,654 8,971 278,425 100.0% 5/1/2021     Actual 2020
57 Oak Park & Pecan Acres MHC Portfolio 51.1% 11.7% 11.5% 407,920 96,596 311,324 7,350 0 303,974 94.6% 12/14/2020     Actual 2020
57.01 Oak Park MHC       222,397 53,865 168,531 4,100 0 164,431 93.9% 12/14/2020     Actual 2020
57.02 Pecan Acres MHC       185,524 42,731 142,793 3,250 0 139,543 95.4% 12/14/2020     Actual 2020
58 850-860 Meridian Avenue 59.7% 6.6% 6.4% 348,603 176,450 172,152 4,000 0 168,152 100.0% 12/31/2020     TTM 2/28/2021
59 Oakwood Flex Complex 44.2% 16.0% 14.5% 667,794 249,408 418,387 8,663 29,092 380,632 82.1% 2/16/2021     Actual 2020
60 Peace River Village MHC 45.9% 11.9% 11.6% 496,497 206,711 289,786 5,950 0 283,836 72.3% 1/1/2021     TTM 11/30/2020
61 StorQuest Phoenix - Bell Road 59.7% 10.5% 10.4% 440,907 201,100 239,806 3,952 0 235,854 85.5% 2/15/2021     Actual 2020
62 Dunedin Mini Storage 50.8% 11.5% 11.2% 449,151 204,337 244,814 4,368 0 240,447 96.0% 2/28/2021     TTM 2/28/2021
63 Dollar General Port Wentworth 57.8% 9.3% 9.2% 132,943 21,058 111,885 1,361 0 110,525 100.0% 5/1/2021     NAV
                               

A-1-6

 

 

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

 

Mortgage Loan Number Property Name Most Recent Revenues ($) Most Recent Expenses ($) Most
Recent
NOI ($)		 Most Recent Hotel ADR Most Recent Hotel RevPAR Second Most Recent Period Second Most Recent Revenues ($) Second Most Recent Expenses ($) Second Most Recent NOI ($) Second Most Recent Hotel ADR Second Most Recent Hotel RevPAR Third Most Recent Period Third Most Recent Revenues ($)
1 Two Penn Center 12,416,960 4,665,420 7,751,540     Actual 2019 13,751,958 5,457,183 8,294,775     Actual 2018 13,468,849
2 Amazon @ Atlas 7,589,695 2,300,343 5,289,352     Actual 2019 4,949,020 1,834,649 3,114,370     NAV NAV
3 Tri-State Distribution Center 3,050,670 1,050,913 1,999,756     Actual 2020 2,992,940 1,039,634 1,953,306     Actual 2019 2,390,352
4 Magna Seating HQ 4,004,800 421,726 3,583,074     Actual 2020 3,990,435 515,786 3,474,649     Actual 2019 3,530,527
5 MGM Grand & Mandalay Bay 815,610,101 706,787,287 108,822,815 175 95 Actual 2019 2,106,295,488 1,586,215,135 520,080,353 197 181 Actual 2018 2,191,540,530
5.01 MGM Grand 488,436,932 413,086,750 75,350,182 171 90 Actual 2019 1,161,850,748 879,242,083 282,608,665 190 174 Actual 2018 1,226,105,346
5.02 Mandalay Bay 327,173,169 293,700,537 33,472,632 179 100 Actual 2019 944,444,740 706,973,052 237,471,688 203 188 Actual 2018 965,435,184
6 Seacrest Homes 5,797,621 993,007 4,804,614     Actual 2020 5,789,936 988,965 4,800,971     Actual 2019 3,691,184
7 Phoenix Industrial Portfolio V 12,000,513 3,001,948 8,998,565     Actual 2020 11,823,559 2,992,050 8,831,509     Actual 2019 7,781,992
7.01 Newton 5,534,301 1,715,624 3,818,677     Actual 2020 5,469,830 1,718,471 3,751,358     Actual 2019 5,312,608
7.02 Fort Smith 2,252,302 510,884 1,741,418     Actual 2020 2,185,914 494,985 1,690,929     Actual 2019 1,510,025
7.03 Flint 1,840,572 294,521 1,546,051     Actual 2020 1,802,154 278,313 1,523,842     Actual 2019 865,810
7.04 Coffeyville 2,373,338 480,919 1,892,419     Actual 2020 2,365,661 500,281 1,865,380     Actual 2019 93,549
8 Consumer Cellular 3,368,610 929,132 2,439,478     Actual 2019 2,954,783 818,233 2,136,550     NAV NAV
9 160 Pine Street 4,607,282 1,746,805 2,860,477     Actual 2019 4,679,315 1,867,355 2,811,961     Actual 2018 4,020,543
10 Metairie MOB Portfolio 2,354,963 663,945 1,691,018     Actual 2019 2,381,514 656,319 1,725,195     Actual 2018 2,127,759
10.01 Independence Plaza 1,164,685 345,236 819,448     Actual 2019 1,118,112 309,653 808,459     Actual 2018 1,171,119
10.02 3530 Houma Boulevard 1,190,278 318,709 871,570     Actual 2019 1,263,403 346,667 916,736     Actual 2018 956,640
11 The Ratner 4,026,831 1,015,876 3,010,955     Actual 2019 3,719,675 1,046,179 2,673,496     Actual 2018 2,818,066
12 Burke Town Center 2,395,704 489,028 1,906,676     Actual 2019 2,280,069 456,779 1,823,290     Actual 2018 2,036,545
13 Southridge Center 4,258,051 1,030,792 3,227,259     Actual 2019 3,654,765 1,096,165 2,558,600     Actual 2018 3,536,498
14 8800 Baymeadows 4,289,281 1,886,837 2,402,444     Actual 2019 4,229,415 1,802,748 2,426,667     Actual 2018 3,766,431
15 Seaport Homes 3,982,991 1,005,233 2,977,758     Actual 2019 3,864,950 980,548 2,884,402     Actual 2018 3,756,142
16 2209 Sulphur Spring Road 1,725,774 358,606 1,367,168     Actual 2019 767,723 297,477 470,246     NAV NAV
17 Southeast G6 Portfolio 6,410,746 3,383,576 3,027,170 42 28 Actual 2020 6,353,981 3,396,447 2,957,534 42 28 Actual 2019 6,344,049
17.01 Studio 6 Chamblee 1,793,448 854,448 939,000 47 40 Actual 2020 1,786,447 870,674 915,772 47 39 Actual 2019 1,871,180
17.02 Studio 6 Savannah 1,586,100 804,359 781,742 44 26 Actual 2020 1,571,214 806,231 764,983 44 26 Actual 2019 1,593,681
17.03 Motel 6 Greenville 1,695,828 897,976 797,853 41 28 Actual 2020 1,695,164 904,670 790,494 41 28 Actual 2019 1,600,475
17.04 Motel 6 / Studio 6 Augusta 1,335,370 826,794 508,575 37 21 Actual 2020 1,301,157 814,872 486,284 36 21 Actual 2019 1,278,714
18 Crescent Gateway 5,713,736 1,943,150 3,770,586     Actual 2019 6,249,995 2,017,041 4,232,954     Actual 2018 6,354,201
19 Herndon Square 5,221,679 1,804,531 3,417,148     Actual 2019 5,475,375 1,887,096 3,588,279     Actual 2018 5,029,585
20 Aspen Court Apartments 2,672,711 1,271,397 1,401,313     Actual 2020 2,681,171 1,287,949 1,393,222     Actual 2019 2,790,903
21 Bensalem Plaza Shopping Center 1,397,154 324,549 1,072,605     Actual 2019 1,467,273 345,240 1,122,033     Actual 2018 1,467,020
22 Athens West Shopping Center 1,481,413 424,576 1,056,837     Actual 2019 1,379,843 475,734 904,109     Actual 2018 1,558,389
23 Chico Mobile Country Club 1,647,846 713,964 933,882     Actual 2019 1,576,092 690,151 885,941     Actual 2018 1,452,508
24 Allerand Portfolio 1 1,421,512 0 1,421,512     Actual 2019 1,489,905 0 1,489,905     Actual 2018 1,489,905
24.01 Walgreens Ironton 197,860 0 197,860     Actual 2019 197,860 0 197,860     Actual 2018 197,860
24.02 Rite Aid Holt 219,844 0 219,844     Actual 2019 219,844 0 219,844     Actual 2018 219,844
24.03 Walgreens Ashland 198,050 0 198,050     Actual 2019 198,050 0 198,050     Actual 2018 198,050
24.04 Walgreens Stuarts Draft 160,497 0 160,497     Actual 2019 162,360 0 162,360     Actual 2018 162,360
24.05 Walgreens Clay 145,521 0 145,521     Actual 2019 153,180 0 153,180     Actual 2018 153,180
24.06 Walgreens Louisville 171,024 0 171,024     Actual 2019 193,536 0 193,536     Actual 2018 193,536
24.07 Rite Aid Fremont 155,993 0 155,993     Actual 2019 170,990 0 170,990     Actual 2018 170,990
24.08 Rite Aid New Baltimore 172,723 0 172,723     Actual 2019 194,085 0 194,085     Actual 2018 194,085
25 Ontario Gateway 1,945,615 627,622 1,317,993     Actual 2019 1,166,048 558,314 607,734     Actual 2018 1,108,722
26 Cobble Hill Multifamily Portfolio 397,003 86,000 311,003     NAV NAV NAV NAV     NAV NAV
26.01 181 Court Street 173,431 34,963 138,467     NAV NAV NAV NAV     NAV NAV
26.02 131 Smith Street 223,572 51,037 172,535     NAV NAV NAV NAV     NAV NAV
27 Walgreens Portfolio NAV NAV NAV     NAV NAV NAV NAV     NAV NAV
27.01 Walgreens-Santa Fe NAV NAV NAV     NAV NAV NAV NAV     NAV NAV
27.02 Walgreens-Morehead City NAV NAV NAV     NAV NAV NAV NAV     NAV NAV
28 Gateway Business Park 856,002 221,786 634,216     Actual 2020 682,660 212,499 470,161     NAV NAV
29 Dearborn Industrial Portfolio 1,410,919 452,571 958,348     Actual 2019 1,247,020 466,011 781,009     Actual 2018 854,901
29.01 15000 North Commerce Drive 367,463 125,689 241,774     Actual 2019 322,125 116,256 205,869     Actual 2018 222,958
29.02 3001 Gulley Road 315,358 91,446 223,912     Actual 2019 180,925 102,529 78,396     Actual 2018 105,581
29.03 15201 Century Drive 334,786 103,085 231,701     Actual 2019 400,735 110,249 290,486     Actual 2018 262,025
29.04 15301 Century Drive 240,828 74,042 166,786     Actual 2019 241,223 72,343 168,879     Actual 2018 224,367
29.05 15401 Century Drive 152,485 58,309 94,176     Actual 2019 102,013 64,634 37,378     Actual 2018 39,970
29.06 15050 North Commerce Drive NAV NAV NAV     NAV NAV NAV NAV     NAV NAV
29.07 15300 Rotunda Drive NAV NAV NAV     NAV NAV NAV NAV     NAV NAV
30 Detroit Chassis NAV NAV NAV     NAV NAV NAV NAV     NAV NAV
31 Goldman Multifamily Portfolio Tranche 5 1,676,454 0 1,676,454     NAV NAV NAV NAV     NAV NAV
31.01 7750 South Muskegon Avenue 459,176 126,142 333,034     NAV NAV NAV NAV     NAV NAV
31.02 6437 South Kenwood Avenue 283,180 73,586 209,594     NAV NAV NAV NAV     NAV NAV
31.03 7836 S. South Shore Drive 175,776 73,721 102,055     NAV NAV NAV NAV     NAV NAV
31.04 7810 South Ada Street 69,827 24,896 44,931     NAV NAV NAV NAV     NAV NAV
31.05 7760 South Coles Avenue 58,776 38,251 20,525     NAV NAV NAV NAV     NAV NAV
31.06 8000 South Justine Street 60,420 43,138 17,282     NAV NAV NAV NAV     NAV NAV
31.07 8214 South Ingleside Avenue 6,936 27,910 -20,974     NAV NAV NAV NAV     NAV NAV
32 The Loom 1,393,651 610,018 783,633     Actual 2020 1,321,817 579,573 742,243     Actual 2019 1,345,764
33 Walgreens Bayamón NAV NAV NAV     NAV NAV NAV NAV     NAV NAV
34 Sedona Village 1,667,112 493,314 1,173,799     Actual 2019 1,663,947 519,764 1,144,184     Actual 2018 1,434,846
35 Washington Street Storage Portfolio #2 1,053,111 409,926 643,185     Actual 2019 997,200 386,247 610,953     Actual 2018 951,876
35.01 Storage Mall Lex Park 292,108 82,537 209,571     Actual 2019 286,202 84,068 202,134     Actual 2018 275,762
35.02 Clarence Self Storage 288,146 122,315 165,831     Actual 2019 282,271 106,969 175,302     Actual 2018 262,348
35.03 West Side Mini Storage 297,858 131,681 166,177     Actual 2019 254,013 126,313 127,701     Actual 2018 253,974
35.04 Stor-Yor-Stuff 174,998 73,393 101,606     Actual 2019 174,713 68,897 105,817     Actual 2018 159,792
36 The Shops at 407 & Corner Shoppes 867,392 251,272 616,120     Actual 2019 465,655 259,201 206,454     Actual 2018 327,033
36.01 Shops at 407 481,123 151,067 330,056     Actual 2019 152,315 171,702 -19,387     Actual 2018 9,910
36.02 Corner Shoppes 386,268 100,205 286,064     Actual 2019 313,341 87,500 225,841     Actual 2018 317,123
37 10 Industrial Avenue 1,129,740 354,101 775,640     Actual 2019 980,778 383,234 597,544     NAV NAV
38 Oak Park Michigan Storage 992,860 403,777 589,083     Actual 2019 946,358 426,332 520,026     Actual 2018 882,119
39 Farmington Hills Michigan Storage 944,504 361,996 582,509     Actual 2019 945,508 343,931 601,577     Actual 2018 949,496
40 Haight & Fillmore Apartments 839,663 118,056 721,607     Actual 2019 828,876 147,256 681,620     Actual 2018 764,438
41 GoodFriend Self Storage - East Harlem 645,000 0 645,000     Actual 2019 570,000 0 570,000     Actual 2018 585,000
42 Whispering Palms Apartments 949,200 496,964 452,236     Actual 2019 771,144 489,486 281,658     Annualized 5 12/31/2018 795,260
43 Elite RV & Boat Storage 754,080 333,756 420,324     NAV NAV NAV NAV     NAV NAV
44 Arcadia Shopping Center 918,143 231,921 686,222     Actual 2020 931,396 236,981 694,415     Actual 2019 974,292
45 Turtle Creek Apartments 816,085 351,440 464,645     Actual 2020 814,919 340,138 474,781     NAV NAV
46 Walgreens-Burbank NAV NAV NAV     NAV NAV NAV NAV     NAV NAV
47 Village Circle Apartments 904,494 416,002 488,492     Actual 2019 908,276 406,145 502,131     Actual 2018 813,981
48 CVS Portfolio 587,010 0 587,010     Actual 2019 601,891 0 601,891     Actual 2018 601,891
48.01 CVS Highland 317,270 0 317,270     Actual 2019 325,323 0 325,323     Actual 2018 325,323
48.02 CVS Raytown 269,740 0 269,740     Actual 2019 276,568 0 276,568     Actual 2018 276,568
49 La Hacienda Apartments 745,966 372,890 373,076     Actual 2019 704,417 445,788 258,629     Actual 2018 709,288
50 260 Centre Avenue 566,553 192,089 374,464     Actual 2019 549,686 187,300 362,386     Actual 2018 533,144
51 Walgreens-Coralville NAV NAV NAV     NAV NAV NAV NAV     NAV NAV
52 Outerbanks Portfolio 1,864,905 944,793 920,113 144 67 Actual 2020 1,846,287 962,807 883,480 138 66 Actual 2019 1,518,008
52.01 Colonial Inn 1,038,606 517,055 521,551 153 73 Actual 2020 1,012,857 521,797 491,060 145 71 Actual 2019 903,240
52.02 Seahorse Inn 826,299 427,737 398,562 135 61 Actual 2020 833,429 441,009 392,420 131 62 Actual 2019 614,768
53 Astoria Portfolio 436,047 79,158 356,890     NAV NAV NAV NAV NAV NAV NAV NAV
54 Tramec Sloan Industrial Building 416,033 9,655 406,378     Actual 2019 407,821 11,380 396,441     Actual 2018 399,732
55 Walgreens-Germantown NAV NAV NAV     NAV NAV NAV NAV     NAV NAV
56 Davita - Lakeport 325,635 17,571 308,065     NAV NAV NAV NAV     NAV NAV
57 Oak Park & Pecan Acres MHC Portfolio 411,729 70,131 341,598     Actual 2019 399,006 42,787 356,219     Actual 2018 363,364
57.01 Oak Park MHC 223,955 40,565 183,390     Actual 2019 223,650 25,537 198,113     Actual 2018 200,138
57.02 Pecan Acres MHC 187,774 29,566 158,208     Actual 2019 175,356 17,250 158,106     Actual 2018 163,225
58 850-860 Meridian Avenue 264,258 140,187 124,070     Actual 2020 258,717 140,966 117,751     Actual 2019 347,289
59 Oakwood Flex Complex 567,466 245,622 321,843     Actual 2019 638,694 245,637 393,057     Actual 2018 726,465
60 Peace River Village MHC 455,427 199,793 255,633     Actual 2019 417,840 205,520 212,320     Actual 2018 382,795
61 StorQuest Phoenix - Bell Road 428,957 210,636 218,322     Actual 2019 411,644 195,335 216,309     Actual 2018 401,793
62 Dunedin Mini Storage 427,076 196,514 230,562     Actual 2019 392,047 210,864 181,183     Actual 2018 376,987
63 Dollar General Port Wentworth NAV NAV NAV     NAV NAV NAV NAV     NAV NAV
                             

A-1-7

 

 

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

 

Mortgage Loan Number Property Name Third Most Recent Expenses ($) Third Most Recent NOI ($) Third Most Recent Hotel ADR Third Most Recent Hotel RevPAR Master Lease (Y/N) Largest Tenant Name(6)(7)(12) Largest Tenant Sq. Ft. Largest
Tenant
% of NRA		 Largest Tenant Exp. Date 2nd Largest Tenant Name(7)(11)(12) 2nd Largest Tenant Sq. Ft. 2nd Largest
Tenant
% of NRA
1 Two Penn Center 5,296,083 8,172,766     N Philadelphia Municipal Authority 35,504 6.9% 11/30/2027 GSA - Federal Government 25,964 5.0%
2 Amazon @ Atlas NAV NAV     N Amazon.com Services LLC 170,331 100.0% 4/30/2029      
3 Tri-State Distribution Center 1,011,175 1,379,177     N New York Produce, Inc. 69,266 27.8% 2/28/2031 PowerPak Civil & Safety, LLC 66,011 26.5%
4 Magna Seating HQ 546,814 2,983,713     N Magna Seating 180,000 100.0% 11/30/2034      
5 MGM Grand & Mandalay Bay 1,574,171,264 617,369,266 193 176 Y              
5.01 MGM Grand 854,539,115 371,566,231 182 169 Y              
5.02 Mandalay Bay 719,632,149 245,803,035 204 184 Y              
6 Seacrest Homes 713,947 2,977,237     N              
7 Phoenix Industrial Portfolio V 2,362,152 5,419,840     N Various Various Various Various Various Various Various
7.01 Newton 1,651,385 3,661,223     N Arcosa Wind Towers 299,461 16.2% 4/30/2022 Graphic Packaging 222,402 12.0%
7.02 Fort Smith 431,205 1,078,820     N MP Warehouse, Inc. 355139 0.296753864 45473 Mars Petcare US, Inc. 307,815 25.7%
7.03 Flint 257,857 607,953     N Genesee Packaging Inc. 290,267 58.6% 7/31/2024 Hirotec America Inc. 143,689 29.0%
7.04 Coffeyville 21,705 71,844     N Array Technologies, Inc. 879,600 100.0% 12/31/2022      
8 Consumer Cellular NAV NAV     N Consumer Cellular, Inc. 163,607 100.0% 5/31/2029      
9 160 Pine Street 1,707,806 2,312,737     N Robinson Mills & Williams 12,870 14.6% 6/30/2022 Forell/Elsesser Engineers 12,839 14.6%
10 Metairie MOB Portfolio 641,478 1,486,281     N Various Various Various Various Various Various Various
10.01 Independence Plaza 334,533 836,585     N Diagnostic Imaging Services, Inc 26,647 50.6% 1/31/2036 Chilis (Brinker Louisiana, Inc.) 6,108 11.6%
10.02 3530 Houma Boulevard 306,944 649,696     N HUM Provider Holdings, LLC 17081 0.519937903 46599 PMR, LLC 4,842 14.7%
11 The Ratner 1,026,317 1,791,748     N NewSchool of Architecture & Design, LLC 69,190 47.1% 2/28/2026 Hale Productions, LLC 6,126 4.2%
12 Burke Town Center 406,053 1,630,492     N 7-Eleven 3,525 9.2% 3/31/2026 Villa Bella Ristorante Italian 3,148 8.2%
13 Southridge Center 1,082,811 2,453,687     N Walmart 219,750 44.2% 1/31/2026 Sam’s Club 131,394 26.4%
14 8800 Baymeadows 1,831,897 1,934,533     N Computershare 82,382 37.5% 10/31/2023 FLDEP 22,841 10.4%
15 Seaport Homes 956,561 2,799,581     N              
16 2209 Sulphur Spring Road NAV NAV     N Liberty Tire Services, LLC 224,469 71.7% 4/30/2027 Indusco Wire Rope & Fittings 88,531 28.3%
17 Southeast G6 Portfolio 3,970,415 2,373,634 42 28 N              
17.01 Studio 6 Chamblee 1,012,828 858,352 47 41 N              
17.02 Studio 6 Savannah 931,027 662,653 43 27 N              
17.03 Motel 6 Greenville 1,119,784 480,690 42 27 N              
17.04 Motel 6 / Studio 6 Augusta 906,775 371,939 35 21 N              
18 Crescent Gateway 2,180,376 4,173,826     N Cystic Fibrosis Foundation 40,742 28.2% 4/30/2023 CVS Pharmacy 9,200 6.4%
19 Herndon Square 2,035,658 2,993,927     N General Dynamics Mission Systems, Inc. 40,357 15.3% 10/31/2022 Cogent Communications, Inc. 26,286 10.0%
20 Aspen Court Apartments 1,244,843 1,546,060     N              
21 Bensalem Plaza Shopping Center 344,990 1,122,030     N Patel Bros Supermarket 29,000 26.6% 5/8/2030 Super Value Household 14,000 12.8%
22 Athens West Shopping Center 408,316 1,150,073     N Big Lots, Inc 42,420 23.8% 1/31/2030 America’s Thrift 40,000 22.4%
23 Chico Mobile Country Club 626,314 826,194     N              
24 Allerand Portfolio 1 0 1,489,905     N Various Various Various Various      
24.01 Walgreens Ironton 0 197,860     N Walgreens 11,166 100.0% 5/31/2030      
24.02 Rite Aid Holt 0 219,844     N Rite Aid 11,060 100.0% 5/31/2030      
24.03 Walgreens Ashland 0 198,050     N Walgreens 10,663 100.0% 2/28/2026      
24.04 Walgreens Stuarts Draft 0 162,360     N Walgreens 11,055 100.0% 9/30/2060      
24.05 Walgreens Clay 0 153,180     N Walgreens 11,225 100.0% 5/31/2060      
24.06 Walgreens Louisville 0 193,536     N Walgreens 10,912 100.0% 5/31/2070      
24.07 Rite Aid Fremont 0 170,990     N Rite Aid 11,092 100.0% 5/31/2030      
24.08 Rite Aid New Baltimore 0 194,085     N Rite Aid 11,100 100.0% 5/31/2025      
25 Ontario Gateway 503,234 605,488     N VNA 16,214 20.8% 10/30/2024 FH II, LLC 14,138 18.1%
26 Cobble Hill Multifamily Portfolio NAV NAV     N Various Various Various Various Various Various Various
26.01 181 Court Street NAV NAV     N Bagel-A-Day 1,695 28.8% 1/31/2023      
26.02 131 Smith Street NAV NAV     N Malin & Goetz 1,045 22.5% 8/31/2026 Blue Bottle Coffee 355 7.6%
27 Walgreens Portfolio NAV NAV     N Various Various Various 12/31/2035      
27.01 Walgreens-Santa Fe NAV NAV     N Walgreen Co. -Santa Fe 13,804 100.0% 12/31/2035      
27.02 Walgreens-Morehead City NAV NAV     N Walgreen Co. - Morehead City 14,411 100.0% 12/31/2035      
28 Gateway Business Park NAV NAV     N 24/7 Events 50,930 61.0% 5/31/2027 ITAD Services 16,021 19.2%
29 Dearborn Industrial Portfolio 450,946 403,955     N Various Various Various Various Various Various Various
29.01 15000 North Commerce Drive 129,265 93,693     N Detroit Classic Partners 45,000 84.3% 6/30/2023      
29.02 3001 Gulley Road 100,244 5,337     N Centria 24,210 60.0% 3/31/2025 Spectrum Signs & Designs 8,070 20.0%
29.03 15201 Century Drive 93,239 168,786     N KLA Laboratories 19,200 50.0% 12/31/2022 Rhombus Energy Solutions 9,600 25.0%
29.04 15301 Century Drive 71,012 153,355     N Rhombus Energy Solutions 35,963 100.0% 3/31/2025      
29.05 15401 Century Drive 57,186 -17,216     N C & S Investments LLC 15,600 72.2% 9/30/2027 Gemellaro Systems Integration 6,000 27.8%
29.06 15050 North Commerce Drive NAV NAV     N LES STANFORD CHEVROLET - CADILLAC, INC. 4,000 7.7% MTM      
29.07 15300 Rotunda Drive NAV NAV     N Cayman Dynamics 2,800 7.8% 6/30/2023      
30 Detroit Chassis NAV NAV     N Detroit Chassis, LLC 219,993 100.0% 12/10/2032      
31 Goldman Multifamily Portfolio Tranche 5 NAV NAV     N              
31.01 7750 South Muskegon Avenue NAV NAV     N              
31.02 6437 South Kenwood Avenue NAV NAV     N              
31.03 7836 S. South Shore Drive NAV NAV     N              
31.04 7810 South Ada Street NAV NAV     N              
31.05 7760 South Coles Avenue NAV NAV     N              
31.06 8000 South Justine Street NAV NAV     N              
31.07 8214 South Ingleside Avenue NAV NAV     N              
32 The Loom 683,529 662,235     N A & S Manufacturing 9,335 5.0% 5/31/2021 Zach Industries 5,048 2.7%
33 Walgreens Bayamón NAV NAV     N Walgreen of Puerto Rico, Inc. 15,660 100.0% 8/31/2040      
34 Sedona Village 501,807 933,040     N Basha’s Grocery 47,400 37.8% 6/30/2026 Beall’s Outlet Stores, Inc. 11,720 9.3%
35 Washington Street Storage Portfolio #2 375,612 576,264     N              
35.01 Storage Mall Lex Park 80,312 195,450     N              
35.02 Clarence Self Storage 100,562 161,786     N              
35.03 West Side Mini Storage 122,136 131,838     N              
35.04 Stor-Yor-Stuff 72,602 87,190     N              
36 The Shops at 407 & Corner Shoppes 190,473 136,560     N Various Various Various Various Various Various Various
36.01 Shops at 407 102,959 -93,049     N Comcast Cable Communications Mgmt, LLC 4,100 28.7% 6/30/2030 Mission BBQ 3,800 26.6%
36.02 Corner Shoppes 87,514 229,610     N JS9 Fort Wayne, LLC dba iCRYO 2,873 22.2% 6/30/2030 Blaze Midwest, Inc dba Blaze Pizza 2,855 22.1%
37 10 Industrial Avenue NAV NAV     N Janome America, Inc 34,370 37.4% 5/31/2023 Vectornate USA, Inc 24,454 26.6%
38 Oak Park Michigan Storage 367,875 514,244     N              
39 Farmington Hills Michigan Storage 355,632 593,865     N              
40 Haight & Fillmore Apartments 132,432 632,006     N              
41 GoodFriend Self Storage - East Harlem 0 585,000     N              
42 Whispering Palms Apartments 477,263 317,997     N              
43 Elite RV & Boat Storage NAV NAV     N              
44 Arcadia Shopping Center 270,009 704,283     N Acuity Eye Care 4,425 19.8% 9/30/2026 Frost Bank 3,000 13.4%
45 Turtle Creek Apartments NAV NAV     N              
46 Walgreens-Burbank NAV NAV     Y Walgreens 14,820 100.0% 1/31/2088      
47 Village Circle Apartments 382,148 431,834     N              
48 CVS Portfolio 0 601,891     N CVS 33,718 100.0% 2/28/2041      
48.01 CVS Highland 0 325,323     N CVS 16,854 100.0% 2/28/2041      
48.02 CVS Raytown 0 276,568     N CVS 16,864 100.0% 2/28/2041      
49 La Hacienda Apartments 428,304 280,985     N              
50 260 Centre Avenue 180,987 352,157     N              
51 Walgreens-Coralville NAV NAV     N Walgreen Co. 14,759 100.0% 1/31/2036      
52 Outerbanks Portfolio 880,817 637,191 119 55 N              
52.01 Colonial Inn 477,790 425,450 122 63 N              
52.02 Seahorse Inn 403,027 211,741 115 46 N              
53 Astoria Portfolio NAV NAV     N Chatzi Construction 4,500 25.5% 6/30/2025 Williams Specialty Services 4,500 25.5%
54 Tramec Sloan Industrial Building 10,768 388,965     N Tramec Sloan 109,954 100.0% 1/31/2026      
55 Walgreens-Germantown NAV NAV     N Walgreen Co. 13,819 100.0% 11/30/2035      
56 Davita - Lakeport NAV NAV     N DaVita 11,026 100.0% 7/31/2034      
57 Oak Park & Pecan Acres MHC Portfolio 55,384 307,980     Y              
57.01 Oak Park MHC 31,217 168,921     Y              
57.02 Pecan Acres MHC 24,167 139,058     Y              
58 850-860 Meridian Avenue 151,424 195,865     N              
59 Oakwood Flex Complex 242,269 484,196     N Bureau Veritas North America, Inc. 20,055 34.7% 7/31/2024 PSH 7,005 12.1%
60 Peace River Village MHC 207,785 175,011     N              
61 StorQuest Phoenix - Bell Road 198,518 203,275     N              
62 Dunedin Mini Storage 193,368 183,619     N              
63 Dollar General Port Wentworth NAV NAV     N Dollar General 9,071 100.0% 12/31/2035      
                           

A-1-8

 

 

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

 

Mortgage Loan Number Property Name 2nd Largest Tenant Exp. Date 3rd Largest Tenant Name(6)(7)(8)(12) 3rd Largest Tenant Sq. Ft. 3rd Largest
Tenant
% of NRA		 3rd Largest Tenant Exp. Date
1 Two Penn Center 5/31/2024 Spear, Greenfield & Richman 12,847 2.5% 4/30/2025
2 Amazon @ Atlas          
3 Tri-State Distribution Center 5/31/2028 AptarGroup Inc. 24,071 9.7% 2/28/2028
4 Magna Seating HQ          
5 MGM Grand & Mandalay Bay          
5.01 MGM Grand          
5.02 Mandalay Bay          
6 Seacrest Homes          
7 Phoenix Industrial Portfolio V Various Various Various Various Various
7.01 Newton 12/31/2027 FBN Inputs LLC 186,508 10.1% 6/30/2028
7.02 Fort Smith 8/31/2023 QualServ Solutions LLC 272,423 22.8% 1/31/2026
7.03 Flint 5/31/2026 Webcor Packaging Corporation 58,493 11.8% 12/31/2022
7.04 Coffeyville          
8 Consumer Cellular          
9 160 Pine Street 3/31/2023 IMEG Corp. 8,204 9.3% 3/31/2026
10 Metairie MOB Portfolio Various Various Various Various Various
10.01 Independence Plaza 6/17/2025 Sake Café (Rising Star Enterprises, LLC) 5,000 9.5% 5/31/2022
10.02 3530 Houma Boulevard 8/31/2027 Eye Surgery Center of Louisiana 4,237 12.9% 12/31/2024
11 The Ratner 3,828 SF on 8/31/2024; 1,724 SF on 6/30/2021; 574 SF on 8/31/2021 Architects Local 3,768 2.6% 4/30/2022
12 Burke Town Center 5/31/2025 Hopsfrog Grille 2,904 7.6% 1/31/2029
13 Southridge Center 1/31/2027 Hobby Lobby 63,261 12.7% 10/31/2034
14 8800 Baymeadows 8/31/2032 CEVA Logistics 20,079 9.1% 9/30/2024
15 Seaport Homes          
16 2209 Sulphur Spring Road 5/31/2029        
17 Southeast G6 Portfolio          
17.01 Studio 6 Chamblee          
17.02 Studio 6 Savannah          
17.03 Motel 6 Greenville          
17.04 Motel 6 / Studio 6 Augusta          
18 Crescent Gateway 11/30/2025 Bethesda Chevy Chase Surgery Center LLC 9,117 6.3% 10/31/2029
19 Herndon Square 9/30/2023 Beacon Roofing Supply, Inc. and Beacon Sales Acquisition, Inc. 25,188 9.6% 2/29/2024
20 Aspen Court Apartments          
21 Bensalem Plaza Shopping Center 12/31/2025 Dollar General 7,898 7.2% 5/31/2024
22 Athens West Shopping Center 12/31/2035 American Freight, Inc. 22,000 12.3% 5/10/2027
23 Chico Mobile Country Club          
24 Allerand Portfolio 1          
24.01 Walgreens Ironton          
24.02 Rite Aid Holt          
24.03 Walgreens Ashland          
24.04 Walgreens Stuarts Draft          
24.05 Walgreens Clay          
24.06 Walgreens Louisville          
24.07 Rite Aid Fremont          
24.08 Rite Aid New Baltimore          
25 Ontario Gateway 12/31/2025 State of California 10,179 13.1% 5,219 SF on 12/31/2027; 3,204 SF on 6/30/2028; 1,756 SF on 3/31/2027
26 Cobble Hill Multifamily Portfolio Various        
26.01 181 Court Street          
26.02 131 Smith Street 1/31/2024        
27 Walgreens Portfolio          
27.01 Walgreens-Santa Fe          
27.02 Walgreens-Morehead City          
28 Gateway Business Park 12/31/2026 Motion Industries 11,131 13.3% 12/31/2025
29 Dearborn Industrial Portfolio Various Various Various Various Various
29.01 15000 North Commerce Drive          
29.02 3001 Gulley Road 1/31/2025 Allyn Enterprises Inc. 4,035 10.0% 5/31/2021
29.03 15201 Century Drive 3/31/2025 Cayman Dynamics 4,800 12.5% 6/30/2023
29.04 15301 Century Drive          
29.05 15401 Century Drive 8/31/2021        
29.06 15050 North Commerce Drive          
29.07 15300 Rotunda Drive          
30 Detroit Chassis          
31 Goldman Multifamily Portfolio Tranche 5          
31.01 7750 South Muskegon Avenue          
31.02 6437 South Kenwood Avenue          
31.03 7836 S. South Shore Drive          
31.04 7810 South Ada Street          
31.05 7760 South Coles Avenue          
31.06 8000 South Justine Street          
31.07 8214 South Ingleside Avenue          
32 The Loom 1/31/2024 GF Management 5,000 2.7% 1/31/2022
33 Walgreens Bayamón          
34 Sedona Village 1/31/2026 Goodwill 9,300 7.4% 8/31/2027
35 Washington Street Storage Portfolio #2          
35.01 Storage Mall Lex Park          
35.02 Clarence Self Storage          
35.03 West Side Mini Storage          
35.04 Stor-Yor-Stuff          
36 The Shops at 407 & Corner Shoppes Various Various Various Various Various
36.01 Shops at 407 1/31/2030 Hard Core Mamma’s dba CoreLife Eatery 3,500 24.5% 1/31/2029
36.02 Corner Shoppes 8/31/2027 T-Mobile Central, LLC 2,475 19.1% 1/31/2022
37 10 Industrial Avenue 18,672 SF on 2/28/2023; 5,782 SF on 8/31/2021 Mayr Corporation 11,782 12.8% 1/31/2025
38 Oak Park Michigan Storage          
39 Farmington Hills Michigan Storage          
40 Haight & Fillmore Apartments          
41 GoodFriend Self Storage - East Harlem          
42 Whispering Palms Apartments          
43 Elite RV & Boat Storage          
44 Arcadia Shopping Center 4/30/2029 Potbelly Sandwich Shop 3,000 13.4% 9/30/2028
45 Turtle Creek Apartments          
46 Walgreens-Burbank          
47 Village Circle Apartments          
48 CVS Portfolio          
48.01 CVS Highland          
48.02 CVS Raytown          
49 La Hacienda Apartments          
50 260 Centre Avenue          
51 Walgreens-Coralville          
52 Outerbanks Portfolio          
52.01 Colonial Inn          
52.02 Seahorse Inn          
53 Astoria Portfolio 5/31/2023 ECD NY Inc 4,436 25.2% 5/31/2030
54 Tramec Sloan Industrial Building          
55 Walgreens-Germantown          
56 Davita - Lakeport          
57 Oak Park & Pecan Acres MHC Portfolio          
57.01 Oak Park MHC          
57.02 Pecan Acres MHC          
58 850-860 Meridian Avenue          
59 Oakwood Flex Complex 2/15/2022 Civitas Circle 6,200 10.7% 1/30/2023
60 Peace River Village MHC          
61 StorQuest Phoenix - Bell Road          
62 Dunedin Mini Storage          
63 Dollar General Port Wentworth          
             

A-1-9

 

 

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

 

Mortgage Loan Number Property Name 4th Largest Tenant Name(6) 4th Largest Tenant Sq. Ft. 4th Largest
Tenant
% of NRA		 4th Largest Tenant Exp. Date 5th Largest Tenant Name(7) 5th Largest Tenant Sq. Ft. 5th Largest
Tenant
% of NRA		 5th Largest Tenant Exp. Date Engineering Report Date Environmental Report Date (Phase I)
1 Two Penn Center Silvers & Langsam, PC 12,601 2.4% 2/28/2028 Leonard, Sciolla, Hutchinson 9,521 1.8% 2/28/2023 3/2/2021 3/2/2021
2 Amazon @ Atlas                 1/19/2021 1/19/2021
3 Tri-State Distribution Center Bashier 16,900 6.8% 9/30/2028 Content Critical 16,800 6.7% 10/31/2023 2/26/2021 1/29/2021
4 Magna Seating HQ                 1/19/2021 1/18/2021
5 MGM Grand & Mandalay Bay                 2/11/2020 2/11/2020
5.01 MGM Grand                 2/11/2020 2/11/2020
5.02 Mandalay Bay                 2/11/2020 2/11/2020
6 Seacrest Homes                 3/16/2021 3/16/2021
7 Phoenix Industrial Portfolio V Various Various Various Various Various Various Various Various Various 10/27/2020
7.01 Newton Whirlpool Corporation 133,405 7.2% 12/31/2023 MidAmerican Energy Co. 129,521 7.0% 12/31/2023 10/27/2020 10/27/2020
7.02 Fort Smith Stryten Manufacturing, LLC 148,196 12.4% 12/31/2025         10/28/2020 10/27/2020
7.03 Flint ADESA Lansing, LLC 1 0.0% 10/31/2028         10/28/2020 10/27/2020
7.04 Coffeyville                 10/27/2020 10/27/2020
8 Consumer Cellular                 3/18/2021 3/18/2021
9 160 Pine Street Deans & Homer 6,843 7.8% 12/31/2025 Posit Science 5,925 6.7% 3/31/2026 1/29/2021 1/29/2021
10 Metairie MOB Portfolio Various Various Various Various Various Various Various Various 12/22/2020 12/22/2020
10.01 Independence Plaza Phoenicia Restaurant (AC2K, LLC) 3,860 7.3% 1/31/2022 Louisiana Primary Care Consultants (Med-Corp Management, LLC) 2,570 4.9% 8/31/2023 12/22/2020 12/22/2020
10.02 3530 Houma Boulevard Ochsner Clinic Foundation 4,116 12.5% 3/31/2027 One Spine Institue, LLC 2,576 7.8% 3/31/2028 12/22/2020 12/22/2020
11 The Ratner TallGrass Studios, LLC 3,102 2.1% 5/31/2025 Carousel, LLC 2,455 1.7% MTM 2/16/2021 2/16/2021
12 Burke Town Center Smith and Clarksons Deli 2,600 6.8% 10/31/2025 Kumon Math Center 2,457 6.4% 2/28/2022 12/16/2020 12/18/2020
13 Southridge Center Ashley Furniture 45,520 9.2% 11/30/2021 Petco 12,000 2.4% 1/31/2024 10/5/2020 10/6/2020
14 8800 Baymeadows Allstate Insurance 18,548 8.5% 2/28/2022 Autoquotes 14,997 6.8% 5/31/2025 12/14/2020 12/14/2020
15 Seaport Homes                 1/11/2021 1/11/2021
16 2209 Sulphur Spring Road                 1/15/2021 1/4/2021
17 Southeast G6 Portfolio                 3/10/2021 Various
17.01 Studio 6 Chamblee                 3/10/2021 3/10/2021
17.02 Studio 6 Savannah                 3/10/2021 3/10/2021
17.03 Motel 6 Greenville                 3/10/2021 3/10/2021
17.04 Motel 6 / Studio 6 Augusta                 3/10/2021 3/11/2021
18 Crescent Gateway Pulse Fitness 6,858 4.7% 5/4/2032 CareMetx, LLC 6,267 4.3% 6/30/2028 12/9/2020 12/9/2020
19 Herndon Square Advanced Simulation Technology, Inc. 17,126 6.5% 4/30/2022 Tiger Innovations, Inc. 15,952 6.1% 11/30/2025 1/15/2021 1/18/2021
20 Aspen Court Apartments                 1/28/2021 1/27/2021
21 Bensalem Plaza Shopping Center Super Value Furniture 6,000 5.5% 10/31/2028 Advance Auto 5,200 4.8% 4/30/2024 10/6/2020 11/3/2020
22 Athens West Shopping Center Biotest Pharmaceuticals Co. 13,000 7.3% 12/4/2029 Citi Trends, Inc. 11,580 6.5% 1/31/2023 1/13/2020 12/10/2019
23 Chico Mobile Country Club                 3/4/2021 3/4/2021
24 Allerand Portfolio 1                 Various Various
24.01 Walgreens Ironton                 10/22/2020 10/26/2020
24.02 Rite Aid Holt                 10/26/2020 10/26/2020
24.03 Walgreens Ashland                 10/26/2020 10/26/2020
24.04 Walgreens Stuarts Draft                 10/26/2020 10/26/2020
24.05 Walgreens Clay                 10/26/2020 10/26/2020
24.06 Walgreens Louisville                 10/23/2020 10/26/2020
24.07 Rite Aid Fremont                 10/26/2020 10/26/2020
24.08 Rite Aid New Baltimore                 10/26/2020 10/5/2020
25 Ontario Gateway Orange Coast Title 6,463 8.3% 11/30/2026 Center for Autism 4,737 6.1% 9/30/2021 3/4/2021 3/8/2021
26 Cobble Hill Multifamily Portfolio                 1/20/2021 Various
26.01 181 Court Street                 1/20/2021 1/21/2021
26.02 131 Smith Street                 1/20/2021 1/22/2021
27 Walgreens Portfolio                 Various Various
27.01 Walgreens-Santa Fe                 1/25/2021 10/28/2020
27.02 Walgreens-Morehead City                 2/2/2021 12/21/2020
28 Gateway Business Park                 3/1/2021 2/26/2021
29 Dearborn Industrial Portfolio Various Various Various Various         Various Various
29.01 15000 North Commerce Drive                 12/9/2020 12/4/2020
29.02 3001 Gulley Road                 12/9/2020 12/8/2020
29.03 15201 Century Drive Michigan Technology Partners 4,800 12.5% MTM         12/9/2020 12/9/2020
29.04 15301 Century Drive                 12/9/2020 12/5/2020
29.05 15401 Century Drive                 12/9/2020 12/5/2020
29.06 15050 North Commerce Drive                 1/27/2021 1/28/2021
29.07 15300 Rotunda Drive                 1/27/2021 1/28/2021
30 Detroit Chassis                 12/3/2020 12/1/2020
31 Goldman Multifamily Portfolio Tranche 5                 11/16/2020 Various
31.01 7750 South Muskegon Avenue                 11/16/2020 11/16/2020
31.02 6437 South Kenwood Avenue                 11/16/2020 11/16/2020
31.03 7836 S. South Shore Drive                 11/16/2020 11/16/2020
31.04 7810 South Ada Street                 11/16/2020 12/4/2020
31.05 7760 South Coles Avenue                 11/16/2020 11/16/2020
31.06 8000 South Justine Street                 11/16/2020 12/4/2020
31.07 8214 South Ingleside Avenue                 11/16/2020 12/4/2020
32 The Loom Laura Weiszer 4,000 2.2% 12/31/2021 Taqiy A. Muhammad 3,300 1.8% 2/28/2022 3/15/2021 3/15/2021
33 Walgreens Bayamón                 1/21/2021 1/20/2021
34 Sedona Village O’Reilly Auto Parts 7,000 5.6% 1/31/2024 Sedona Consignments 6,004 4.8% 11/30/2024 1/22/2021 1/22/2021
35 Washington Street Storage Portfolio #2                 Various Various
35.01 Storage Mall Lex Park                 3/1/2021 3/1/2021
35.02 Clarence Self Storage                 3/3/2021 3/8/2021
35.03 West Side Mini Storage                 3/1/2021 3/1/2021
35.04 Stor-Yor-Stuff                 3/1/2021 3/1/2021
36 The Shops at 407 & Corner Shoppes Various Various Various Various Various Various Various Various 12/24/2020 12/28/2020
36.01 Shops at 407 Wing Stop 1,800 12.6% 8/31/2026 5 Star Nutrition, LLC dba 5 Star Nutrition 1,071 7.5% 8/31/2030 12/24/2020 12/28/2020
36.02 Corner Shoppes Stanton Optical 2,375 18.4% 3/31/2023 Red Wing Shoes 2,361 18.2% 5/31/2029 12/24/2020 12/28/2020
37 10 Industrial Avenue All Things Media 7,568 8.2% 12/31/2023 Transcend Wireless 4,761 5.2% MTM 12/29/2020 12/30/2020
38 Oak Park Michigan Storage                 3/16/2021 3/16/2021
39 Farmington Hills Michigan Storage                 3/16/2021 3/16/2021
40 Haight & Fillmore Apartments                 1/19/2021 1/15/2021
41 GoodFriend Self Storage - East Harlem                 11/2/2020 11/2/2020
42 Whispering Palms Apartments                 1/27/2021 2/1/2021
43 Elite RV & Boat Storage                 2/16/2021 2/12/2021
44 Arcadia Shopping Center Cobblestone Cottage 2,500 11.2% 11/30/2024 Fedex Office 1,875 8.4% 7/31/2023 3/15/2021 3/15/2021
45 Turtle Creek Apartments                 2/24/2021 2/24/2021
46 Walgreens-Burbank                 11/16/2020 11/16/2020
47 Village Circle Apartments                 1/13/2021 1/13/2021
48 CVS Portfolio                 Various 12/29/2020
48.01 CVS Highland                 1/28/2021 12/29/2020
48.02 CVS Raytown                 12/23/2020 12/29/2020
49 La Hacienda Apartments                 1/18/2021 1/19/2021
50 260 Centre Avenue                 2/19/2021 2/19/2021
51 Walgreens-Coralville                 2/2/2021 2/26/2021
52 Outerbanks Portfolio                 2/25/2021 2/25/2021
52.01 Colonial Inn                 2/25/2021 2/25/2021
52.02 Seahorse Inn                 2/25/2021 2/25/2021
53 Astoria Portfolio S Grace Facilities, Inc. 4,200 23.8% 4/30/2025         2/17/2021 2/17/2021
54 Tramec Sloan Industrial Building                 3/9/2021 3/9/2021
55 Walgreens-Germantown                 2/2/2021 2/1/2021
56 Davita - Lakeport                 11/22/2019 11/22/2019
57 Oak Park & Pecan Acres MHC Portfolio                 2/12/2021 2/12/2021
57.01 Oak Park MHC                 2/12/2021 2/12/2021
57.02 Pecan Acres MHC                 2/12/2021 2/12/2021
58 850-860 Meridian Avenue                 3/17/2021 3/10/2021
59 Oakwood Flex Complex TMC Environmental 4,274 7.4% 6/30/2024 Citicare 3,075 5.3% 8/31/2024 1/26/2021 1/26/2021
60 Peace River Village MHC                 11/30/2020 11/30/2020
61 StorQuest Phoenix - Bell Road                 11/2/2020 11/2/2020
62 Dunedin Mini Storage                 2/15/2021 2/15/2021
63 Dollar General Port Wentworth                 12/30/2020 11/12/2020
                       

A-1-10

 

 

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

 

Mortgage Loan Number Property Name 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 ($) Tax Escrow (Initial) Monthly Tax Escrow ($) Insurance Escrow (Initial) Monthly Insurance Escrow ($) Upfront Replacement Reserve ($) Monthly Replacement Reserve ($) Replacement Reserve Cap ($)
1 Two Penn Center       N Y Refinance 0 125,966 125,966 0 Springing 0 6,472 233,006
2 Amazon @ Atlas   1/19/2021 14.0% N Y Acquisition 0 0 Springing 0 Springing 0 0 0
3 Tri-State Distribution Center       N Y Refinance 0 218,566 54,642 11,340 5,670 0 2,077 100,000
4 Magna Seating HQ       N Y Acquisition 0 0 Springing 0 Springing 0 Springing 0
5 MGM Grand & Mandalay Bay       N Y Acquisition 0 0 Springing 0 Springing 0 Springing 0
5.01 MGM Grand       N Y                  
5.02 Mandalay Bay       N Y                  
6 Seacrest Homes   3/23/2021 9.0% N Y Refinance 0 0 Springing 0 Springing 3,667 3,667 0
7 Phoenix Industrial Portfolio V       N Y Refinance 234,194 372,457 84,962 298,808 37,241 0 36,847 880,000
7.01 Newton       N Y                  
7.02 Fort Smith       N Y                  
7.03 Flint       N Y                  
7.04 Coffeyville       N Y                  
8 Consumer Cellular       N Y Refinance 0 0 24,325 11,427 3,809 0 3,408 122,705
9 160 Pine Street   1/29/2021 18.0% N Y Refinance 0 17,495 17,495 6,728 3,364 0 1,690 40,560
10 Metairie MOB Portfolio       N Y Recapitalization 10,870 65,170 21,723 56,008 11,202 0 1,424 0
10.01 Independence Plaza       N Y                  
10.02 3530 Houma Boulevard       N Y                  
11 The Ratner   2/16/2021 13.0% N Y Refinance 0 77,946 38,973 12,918 Springing 0 3,058 0
12 Burke Town Center       N Y Refinance 0 63,259 20,082 13,854 1,319 0 478 0
13 Southridge Center       N Y Refinance 0 0 Springing 0 Springing 0 Springing 0
14 8800 Baymeadows       N Y Refinance 0 156,223 33,961 67,256 12,010 0 4,572 0
15 Seaport Homes   1/11/2021 8.0% N Y Refinance 0 0 Springing 0 Springing 3,967 3,967 100,000
16 2209 Sulphur Spring Road       N Y Acquisition 0 56,887 9,481 0 Springing 0 2,608 150,000
17 Southeast G6 Portfolio       N Y Refinance 112,560 107,476 21,495 0 11,652 0 1/12th of the greater of (i) following 4/6/2022, 5.0% of gross revenues or (ii) amount requried by the franchise agreement. 0
17.01 Studio 6 Chamblee       N Y                  
17.02 Studio 6 Savannah       N Y                  
17.03 Motel 6 Greenville       N Y                  
17.04 Motel 6 / Studio 6 Augusta       N Y                  
18 Crescent Gateway       N Y Refinance 0 359,137 51,305 13,892 4,631 0 2,412 90,903
19 Herndon Square       N Y Refinance 0 381,296 58,661 0 Springing 0 4,392 197,631
20 Aspen Court Apartments       N Y Refinance 175,483 315,630 38,680 10,439 5,117 0 6,854 0
21 Bensalem Plaza Shopping Center       N Y Refinance 89,988 65,320 15,552 8,165 3,888 0 1,364 0
22 Athens West Shopping Center       N Y Refinance 17,813 89,100 14,850 0 Springing 0 1,487 0
23 Chico Mobile Country Club   3/5/2021 7.0% N Y Refinance 0 0 4,973 13,887 1,361 0 905 0
24 Allerand Portfolio 1       N Y Refinance 113,643 0 Springing 1,364 1,299 0 Springing 0
24.01 Walgreens Ironton       N Y                  
24.02 Rite Aid Holt       N Y                  
24.03 Walgreens Ashland       N Y                  
24.04 Walgreens Stuarts Draft       N Y                  
24.05 Walgreens Clay       N Y                  
24.06 Walgreens Louisville       N Y                  
24.07 Rite Aid Fremont       N Y                  
24.08 Rite Aid New Baltimore       N Y                  
25 Ontario Gateway   3/4/2021 10.0% N Y Refinance 0 8,554 8,554 1,541 1,541 0 1,298 0
26 Cobble Hill Multifamily Portfolio       N Y Refinance 15,250 0 3,969 2,760 876 0 268 0
26.01 181 Court Street       N Y                  
26.02 131 Smith Street       N Y                  
27 Walgreens Portfolio       N Y Acquisition 0 0 Springing 544 209 0 Springing 0
27.01 Walgreens-Santa Fe       N Y                  
27.02 Walgreens-Morehead City       N Y                  
28 Gateway Business Park   2/26/2021 14.0% N Y Refinance 0 12,372 11,783 6,987 739 0 696 41,748
29 Dearborn Industrial Portfolio       N Y Refinance 189,130 45,770 17,604 15,550 3,380 0 6,674 240,247
29.01 15000 North Commerce Drive       N Y                  
29.02 3001 Gulley Road       N Y                  
29.03 15201 Century Drive       N Y                  
29.04 15301 Century Drive       N Y                  
29.05 15401 Century Drive       N Y                  
29.06 15050 North Commerce Drive       N Y                  
29.07 15300 Rotunda Drive       N Y                  
30 Detroit Chassis 1/3/2020     N Y Acquisition 0 0 14,037 0 3,826 0 1,833 0
31 Goldman Multifamily Portfolio Tranche 5       N Y Acquisition 0 33,705 11,235 0 Springing 0 3,460 0
31.01 7750 South Muskegon Avenue       N Y                  
31.02 6437 South Kenwood Avenue       N Y                  
31.03 7836 S. South Shore Drive       N Y                  
31.04 7810 South Ada Street       N Y                  
31.05 7760 South Coles Avenue       N Y                  
31.06 8000 South Justine Street       N Y                  
31.07 8214 South Ingleside Avenue       N Y                  
32 The Loom       N Y Refinance 56,178 7,723 3,862 31,667 6,333 0 4,490 0
33 Walgreens Bayamón   1/21/2021 12.0% N Y Acquisition 0 0 Springing 0 Springing 0 Springing 0
34 Sedona Village       N Y Refinance 0 0 Springing 0 Springing 0 Springing 0
35 Washington Street Storage Portfolio #2       N Y Acquisition 152,063 37,724 7,186 2,899 1,381 0 1,646  
35.01 Storage Mall Lex Park       N Y                  
35.02 Clarence Self Storage       N Y                  
35.03 West Side Mini Storage       N Y                  
35.04 Stor-Yor-Stuff       N Y                  
36 The Shops at 407 & Corner Shoppes       N Y Acquisition 0 27,023 4,826 2,468 949 0 340 0
36.01 Shops at 407       N Y                  
36.02 Corner Shoppes       N Y                  
37 10 Industrial Avenue       N Y Refinance 5,875 39,678 13,226 13,082 1,454 0 765 0
38 Oak Park Michigan Storage       N Y Refinance 7,750 59,144 7,393 0 Springing 0 1,465 0
39 Farmington Hills Michigan Storage       N Y Refinance 7,750 65,778 10,963 0 Springing 0 780 0
40 Haight & Fillmore Apartments   1/19/2021 19.0% N Y Refinance 0 1,797 1,123 18,055 2,736 0 703 0
41 GoodFriend Self Storage - East Harlem       N Y Refinance 0 29,073 9,230 0 Springing 0 Springing 0
42 Whispering Palms Apartments       N Y Refinance 0 50,168 9,556 0 0 0 1,333 0
43 Elite RV & Boat Storage       N Y Acquisition 0 39,274 6,546 8,075 4,038 0 425 0
44 Arcadia Shopping Center       N Y Refinance 0 45,762 11,440 0 Springing 0 373 0
45 Turtle Creek Apartments       N Y Refinance 3,718 4,762 4,762 10,741 3,571 150,000 3,250 0
46 Walgreens-Burbank       N Y Acquisition 0 0 Springing 3,918 356 0 Springing 0
47 Village Circle Apartments       N Y Refinance 133,868 28,269 6,145 60,545 5,712 0 4,313 0
48 CVS Portfolio       N Y Acquisition 0 0 Springing 0 Springing 0 Springing 0
48.01 CVS Highland       N Y                  
48.02 CVS Raytown       N Y                  
49 La Hacienda Apartments       N Y Refinance 47,803 0 6,352 11,291 3,584 75,000 2,842 0
50 260 Centre Avenue       N Y Refinance 0 14,043 6,687 11,809 1,125 0 646 0
51 Walgreens-Coralville       N Y Refinance 0 0 Springing 284 109 0 Springing 0
52 Outerbanks Portfolio       N Y Refinance 8,656 5,815 2,908 10,512 10,512 0 6,216 0
52.01 Colonial Inn       N Y                  
52.02 Seahorse Inn       N Y                  
53 Astoria Portfolio       N Y Recapitalization 0 14,089 5,419 4,679 1,799 0 220 7,936
54 Tramec Sloan Industrial Building       N Y Refinance 0 0 Springing 7,984 798 0 916 0
55 Walgreens-Germantown   2/2/2021 6.0% N Y Acquisition 0 0 Springing 266 102 0 Springing 0
56 Davita - Lakeport   11/18/2019 6.0% N Y Acquisition 0 1,023 222 539 337 0 230 8,280
57 Oak Park & Pecan Acres MHC Portfolio       N Y Refinance 0 4,619 924 4,645 464 613 613 0
57.01 Oak Park MHC       N Y                  
57.02 Pecan Acres MHC       N Y                  
58 850-860 Meridian Avenue       N N Refinance 0 0 4,843 0 4,606 0 417 0
59 Oakwood Flex Complex       N Y Acquisition 0 85,593 10,699 1,643 822 0 722 0
60 Peace River Village MHC       N Y Refinance 34,281 13,569 3,392 4,456 2,228 40,719 496 0
61 StorQuest Phoenix - Bell Road       N Y Refinance 0 11,288 2,454 0 Springing 0 329 11,856
62 Dunedin Mini Storage       N Y Acquisition 3,907 17,555 3,511 5,634 1,878 362 362 0
63 Dollar General Port Wentworth       N Y Acquisition 0 8,050 1,610 0 Springing 0 Springing 0
                               

A-1-11

 

 

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

 

Mortgage Loan Number Property Name Upfront TI/LC Reserve ($) Monthly TI/LC Reserve ($) TI/LC Reserve Cap ($)
1 Two Penn Center 500,000 43,009 1,500,000
2 Amazon @ Atlas 0 0 0
3 Tri-State Distribution Center 400,000 Springing 400,000
4 Magna Seating HQ 0 Springing An amount equal to $20.00 per square foot of area in the portion of the Magna Seating Premises for which the Magna Seating Lease has been terminated or that has been vacated by Magna Seating or in which Magna Seating is no longer operating
5 MGM Grand & Mandalay Bay 0 0 0
5.01 MGM Grand      
5.02 Mandalay Bay      
6 Seacrest Homes 0 0 0
7 Phoenix Industrial Portfolio V 1,500,000 Springing 1,500,000
7.01 Newton      
7.02 Fort Smith      
7.03 Flint      
7.04 Coffeyville      
8 Consumer Cellular 0 20,451 0
9 160 Pine Street 1,500,000 18,370 1,500,000
10 Metairie MOB Portfolio 0 8,903 0
10.01 Independence Plaza      
10.02 3530 Houma Boulevard      
11 The Ratner 750,000 9,175 1,100,000
12 Burke Town Center 0 3,186 115,000
13 Southridge Center 0 Springing 1,243,105
14 8800 Baymeadows 800,000 9,144 0
15 Seaport Homes 0 0 0
16 2209 Sulphur Spring Road 0 5,217 $350,000, reduced to $175,000 if Liberty Tire Services renew its lease in accordance with loan docs
17 Southeast G6 Portfolio 0 0 0
17.01 Studio 6 Chamblee      
17.02 Studio 6 Savannah      
17.03 Motel 6 Greenville      
17.04 Motel 6 / Studio 6 Augusta      
18 Crescent Gateway 2,200,000 Springing 2,000,000
19 Herndon Square 1,000,000 32,938 1,600,000
20 Aspen Court Apartments 0 0 0
21 Bensalem Plaza Shopping Center 250,000 5,456 0
22 Athens West Shopping Center 250,000 7,433 0
23 Chico Mobile Country Club 0 0 0
24 Allerand Portfolio 1 0 7,356 0
24.01 Walgreens Ironton      
24.02 Rite Aid Holt      
24.03 Walgreens Ashland      
24.04 Walgreens Stuarts Draft      
24.05 Walgreens Clay      
24.06 Walgreens Louisville      
24.07 Rite Aid Fremont      
24.08 Rite Aid New Baltimore      
25 Ontario Gateway 300,000 6,492 500,000
26 Cobble Hill Multifamily Portfolio 0 516 0
26.01 181 Court Street      
26.02 131 Smith Street      
27 Walgreens Portfolio 0 Springing 0
27.01 Walgreens-Santa Fe      
27.02 Walgreens-Morehead City      
28 Gateway Business Park 0 2,783 0
29 Dearborn Industrial Portfolio 150,000 10,423 300,000
29.01 15000 North Commerce Drive      
29.02 3001 Gulley Road      
29.03 15201 Century Drive      
29.04 15301 Century Drive      
29.05 15401 Century Drive      
29.06 15050 North Commerce Drive      
29.07 15300 Rotunda Drive      
30 Detroit Chassis 250,000 5,500 0
31 Goldman Multifamily Portfolio Tranche 5 0 0 0
31.01 7750 South Muskegon Avenue      
31.02 6437 South Kenwood Avenue      
31.03 7836 S. South Shore Drive      
31.04 7810 South Ada Street      
31.05 7760 South Coles Avenue      
31.06 8000 South Justine Street      
31.07 8214 South Ingleside Avenue      
32 The Loom 0 0 0
33 Walgreens Bayamón 0 Springing 0
34 Sedona Village 0 Springing 627,035
35 Washington Street Storage Portfolio #2 0 0 0
35.01 Storage Mall Lex Park      
35.02 Clarence Self Storage      
35.03 West Side Mini Storage      
35.04 Stor-Yor-Stuff      
36 The Shops at 407 & Corner Shoppes 0 1,134 68,025
36.01 Shops at 407      
36.02 Corner Shoppes      
37 10 Industrial Avenue 0 3,825 0
38 Oak Park Michigan Storage 0 0 0
39 Farmington Hills Michigan Storage 0 0 0
40 Haight & Fillmore Apartments 0 1,175 70,500
41 GoodFriend Self Storage - East Harlem 0 0 0
42 Whispering Palms Apartments 0 0 0
43 Elite RV & Boat Storage 0 0 0
44 Arcadia Shopping Center 150,000 2,917 150,000
45 Turtle Creek Apartments 0 0 0
46 Walgreens-Burbank 0 Springing 0
47 Village Circle Apartments 0 0 0
48 CVS Portfolio 0 0 0
48.01 CVS Highland      
48.02 CVS Raytown      
49 La Hacienda Apartments 0 0 0
50 260 Centre Avenue 0 0 0
51 Walgreens-Coralville 0 Springing 0
52 Outerbanks Portfolio 0 0 0
52.01 Colonial Inn      
52.02 Seahorse Inn      
53 Astoria Portfolio 100,000 1,249 0
54 Tramec Sloan Industrial Building 0 2,291 0
55 Walgreens-Germantown 0 Springing 0
56 Davita - Lakeport 0 Springing 55,130
57 Oak Park & Pecan Acres MHC Portfolio 0 0 0
57.01 Oak Park MHC      
57.02 Pecan Acres MHC      
58 850-860 Meridian Avenue 0 0 0
59 Oakwood Flex Complex 200,000 4,091 347,000
60 Peace River Village MHC 0 0 0
61 StorQuest Phoenix - Bell Road 0 0 0
62 Dunedin Mini Storage 0 0 0
63 Dollar General Port Wentworth 0 Springing 0
         

A-1-12

 

 

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

 

Mortgage Loan Number Property Name Debt Service Escrow (Initial) ($) Debt Service Escrow (Monthly) ($) Other Escrow I Reserve Description(9) Other Escrow I (Initial) ($)(9) Other Escrow I (Monthly) ($) Other Escrow I Cap ($)
1 Two Penn Center 0 0 Additional Tenant Reserve 1,142,036 0 0
2 Amazon @ Atlas 0 0   0 0 0
3 Tri-State Distribution Center 0 0 Streamline Funds 100,000 0 0
4 Magna Seating HQ 0 0 Lease Termination Rollover Reserve 0 Springing 0
5 MGM Grand & Mandalay Bay 0 0   0 0 0
5.01 MGM Grand            
5.02 Mandalay Bay            
6 Seacrest Homes 0 0   0 0 0
7 Phoenix Industrial Portfolio V 0 0 Achievement Reserve (Upfront: $4,000,000); Unfunded Obligations (Upfront: $1,677,345.60) 5,677,346 0 0
7.01 Newton            
7.02 Fort Smith            
7.03 Flint            
7.04 Coffeyville            
8 Consumer Cellular 0 0 Consumer Cellular Reserve 0 31,250 0
9 160 Pine Street 0 0 Existing Rent Concession Reserve ($71,418); Future TI/LC Reserve ($237,000); Future Rent Concession Reserve ($71,595) 380,013 0 0
10 Metairie MOB Portfolio 0 0   0 0 0
10.01 Independence Plaza            
10.02 3530 Houma Boulevard            
11 The Ratner 0 0   0 0 0
12 Burke Town Center 0 0   0 0 0
13 Southridge Center 0 0 Ground Rent Fund 0 Springing 0
14 8800 Baymeadows 0 0 Tenant Allowance, Tenant Improvement and Leasing Commission Funds 159,887 0 0
15 Seaport Homes 0 0   0 0 0
16 2209 Sulphur Spring Road 0 0 Gap Rent 64,167 0 0
17 Southeast G6 Portfolio 0 0 PIP Reserve 0 Springing 0
17.01 Studio 6 Chamblee            
17.02 Studio 6 Savannah            
17.03 Motel 6 Greenville            
17.04 Motel 6 / Studio 6 Augusta            
18 Crescent Gateway 0 0 Unfunded Obligations Reserve 1,568,482 0 0
19 Herndon Square 0 0   0 0 0
20 Aspen Court Apartments 0 0 Prepaid Rent Reserve 40,522 0 0
21 Bensalem Plaza Shopping Center 0 0 Free Rent - EggMania Reserve 25,650 0 0
22 Athens West Shopping Center 0 0 Outstanding TI/LC Reserve ($260,000); Shortfall Reserve ($160,000) 420,000 0 0
23 Chico Mobile Country Club 0 0   0 0 0
24 Allerand Portfolio 1 0 0 Ground Rent Funds 0 Springing 0
24.01 Walgreens Ironton            
24.02 Rite Aid Holt            
24.03 Walgreens Ashland            
24.04 Walgreens Stuarts Draft            
24.05 Walgreens Clay            
24.06 Walgreens Louisville            
24.07 Rite Aid Fremont            
24.08 Rite Aid New Baltimore            
25 Ontario Gateway 0 0 Rent Concession Reserve 28,734 0 0
26 Cobble Hill Multifamily Portfolio 0 0   0 0 0
26.01 181 Court Street            
26.02 131 Smith Street            
27 Walgreens Portfolio 0 0   0 0 0
27.01 Walgreens-Santa Fe            
27.02 Walgreens-Morehead City            
28 Gateway Business Park 0 0   0 0 0
29 Dearborn Industrial Portfolio 0 0 TATILC Funds ($39,000); Rent Concession Funds ($107,875); Existing Violation Reserve ($14,600) 161,475 0 0
29.01 15000 North Commerce Drive            
29.02 3001 Gulley Road            
29.03 15201 Century Drive            
29.04 15301 Century Drive            
29.05 15401 Century Drive            
29.06 15050 North Commerce Drive            
29.07 15300 Rotunda Drive            
30 Detroit Chassis 0 0   0 0 0
31 Goldman Multifamily Portfolio Tranche 5 128,249 0   0 0 0
31.01 7750 South Muskegon Avenue            
31.02 6437 South Kenwood Avenue            
31.03 7836 S. South Shore Drive            
31.04 7810 South Ada Street            
31.05 7760 South Coles Avenue            
31.06 8000 South Justine Street            
31.07 8214 South Ingleside Avenue            
32 The Loom 0 0   0 0 0
33 Walgreens Bayamón 0 0   0 0 0
34 Sedona Village 0 0   0 0 0
35 Washington Street Storage Portfolio #2 0 0   0 0 0
35.01 Storage Mall Lex Park            
35.02 Clarence Self Storage            
35.03 West Side Mini Storage            
35.04 Stor-Yor-Stuff            
36 The Shops at 407 & Corner Shoppes 209,703 0   0 0 0
36.01 Shops at 407            
36.02 Corner Shoppes            
37 10 Industrial Avenue 0 0   0 0 0
38 Oak Park Michigan Storage 0 0   0 0 0
39 Farmington Hills Michigan Storage 0 0   0 0 0
40 Haight & Fillmore Apartments 282,476 0   0 0 0
41 GoodFriend Self Storage - East Harlem 0 0   0 0 0
42 Whispering Palms Apartments 0 0   0 0 0
43 Elite RV & Boat Storage 0 0   0 0 0
44 Arcadia Shopping Center 0 0   0 0 0
45 Turtle Creek Apartments 0 0   0 0 0
46 Walgreens-Burbank 0 0   0 0 0
47 Village Circle Apartments 0 0   0 0 0
48 CVS Portfolio 0 0   0 0 0
48.01 CVS Highland            
48.02 CVS Raytown            
49 La Hacienda Apartments 0 0 Radon Mitigation System 3,750 0 0
50 260 Centre Avenue 0 0   0 0 0
51 Walgreens-Coralville 0 0   0 0 0
52 Outerbanks Portfolio 0 0 Seasonality Reserve 200,000 0 0
52.01 Colonial Inn            
52.02 Seahorse Inn            
53 Astoria Portfolio 0 0   0 0 0
54 Tramec Sloan Industrial Building 20,949 0   0 0 0
55 Walgreens-Germantown 0 0   0 0 0
56 Davita - Lakeport 0 0   0 0 0
57 Oak Park & Pecan Acres MHC Portfolio 0 0 Home Reserve 100,000 0 0
57.01 Oak Park MHC            
57.02 Pecan Acres MHC            
58 850-860 Meridian Avenue 0 0   0 0 0
59 Oakwood Flex Complex 70,000 0   0 0 0
60 Peace River Village MHC 35,000 0 Pump Reserve 15,000 0 0
61 StorQuest Phoenix - Bell Road 0 0   0 0 0
62 Dunedin Mini Storage 0 0   0 0 0
63 Dollar General Port Wentworth 0 0 Detention Pond Reserve 29,326 0 0
               

A-1-13

 

 

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

 

Mortgage Loan Number Property Name Other Escrow II Reserve Description Other Escrow II (Initial) ($) Other Escrow II (Monthly) ($) Other Escrow II Cap ($) Holdback(10) Ownership Interest(11) Ground Lease Initial Expiration Date(11) Annual Ground Rent Payment Annual Ground Rent Increases
1 Two Penn Center Gap Rent Reserve 14,625 0 0   Fee      
2 Amazon @ Atlas   0 0 0   Fee      
3 Tri-State Distribution Center   0 0 0 547,187 Fee      
4 Magna Seating HQ   0 0 0   Fee      
5 MGM Grand & Mandalay Bay   0 0 0   Fee      
5.01 MGM Grand           Fee      
5.02 Mandalay Bay           Fee      
6 Seacrest Homes   0 0 0   Fee      
7 Phoenix Industrial Portfolio V Array Technologies Rollover Reserve 0 63,750 0   Fee      
7.01 Newton           Fee      
7.02 Fort Smith           Fee      
7.03 Flint           Fee      
7.04 Coffeyville           Fee      
8 Consumer Cellular   0 0 0   Fee      
9 160 Pine Street Structus Reserve Funds 55,632 0 0   Fee      
10 Metairie MOB Portfolio   0 0 0   Fee      
10.01 Independence Plaza           Fee      
10.02 3530 Houma Boulevard           Fee      
11 The Ratner   0 0 0   Fee      
12 Burke Town Center   0 0 0   Fee      
13 Southridge Center   0 0 0   Fee and Leasehold 8/31/2091 $482,317 2.0% every 10 years
14 8800 Baymeadows Material Tenant Rollover Reserve (Springing); Computershare 2023 Rollover Reserve (Springing) 0 Springing 0   Fee      
15 Seaport Homes   0 0 0   Fee      
16 2209 Sulphur Spring Road   0 0 0   Fee and Leasehold 2/7/2084 $1  
17 Southeast G6 Portfolio   0 0 0   Fee      
17.01 Studio 6 Chamblee           Fee      
17.02 Studio 6 Savannah           Fee      
17.03 Motel 6 Greenville           Fee      
17.04 Motel 6 / Studio 6 Augusta           Fee      
18 Crescent Gateway Free Rent Reserve 460,197 0 0   Fee      
19 Herndon Square   0 0 0   Fee      
20 Aspen Court Apartments   0 0 0   Fee      
21 Bensalem Plaza Shopping Center   0 0 0   Fee      
22 Athens West Shopping Center Expense Reimbursement Reserve 38,800 0 0   Fee      
23 Chico Mobile Country Club   0 0 0   Fee      
24 Allerand Portfolio 1   0 0 0   Fee and Leasehold Various Various Various
24.01 Walgreens Ironton           Fee      
24.02 Rite Aid Holt           Fee      
24.03 Walgreens Ashland           Fee      
24.04 Walgreens Stuarts Draft           Fee      
24.05 Walgreens Clay           Fee      
24.06 Walgreens Louisville           Fee and Leasehold 5/31/2030 $18,480 10% increase from July 8, 2028 through May 31, 2030
24.07 Rite Aid Fremont           Fee      
24.08 Rite Aid New Baltimore           Fee      
25 Ontario Gateway Existing TI/LC Reserve 35,000 0 0   Fee      
26 Cobble Hill Multifamily Portfolio   0 0 0   Fee      
26.01 181 Court Street           Fee      
26.02 131 Smith Street           Fee      
27 Walgreens Portfolio   0 0 0   Fee      
27.01 Walgreens-Santa Fe           Fee      
27.02 Walgreens-Morehead City           Fee      
28 Gateway Business Park   0 0 0   Fee      
29 Dearborn Industrial Portfolio   0 0 0 1,700,000 Fee      
29.01 15000 North Commerce Drive         1,700,000 Fee      
29.02 3001 Gulley Road         1,700,000 Fee      
29.03 15201 Century Drive         1,700,000 Fee      
29.04 15301 Century Drive         1,700,000 Fee      
29.05 15401 Century Drive         1,700,000 Fee      
29.06 15050 North Commerce Drive         1,700,000 Fee      
29.07 15300 Rotunda Drive         1,700,000 Fee      
30 Detroit Chassis   0 0 0   Fee      
31 Goldman Multifamily Portfolio Tranche 5   0 0 0   Fee      
31.01 7750 South Muskegon Avenue           Fee      
31.02 6437 South Kenwood Avenue           Fee      
31.03 7836 S. South Shore Drive           Fee      
31.04 7810 South Ada Street           Fee      
31.05 7760 South Coles Avenue           Fee      
31.06 8000 South Justine Street           Fee      
31.07 8214 South Ingleside Avenue           Fee      
32 The Loom   0 0 0   Fee      
33 Walgreens Bayamón   0 0 0   Fee      
34 Sedona Village   0 0 0   Fee      
35 Washington Street Storage Portfolio #2   0 0 0   Fee      
35.01 Storage Mall Lex Park           Fee      
35.02 Clarence Self Storage           Fee      
35.03 West Side Mini Storage           Fee      
35.04 Stor-Yor-Stuff           Fee      
36 The Shops at 407 & Corner Shoppes   0 0 0   Fee      
36.01 Shops at 407           Fee      
36.02 Corner Shoppes           Fee      
37 10 Industrial Avenue   0 0 0   Fee      
38 Oak Park Michigan Storage   0 0 0   Fee      
39 Farmington Hills Michigan Storage   0 0 0   Fee      
40 Haight & Fillmore Apartments   0 0 0   Fee      
41 GoodFriend Self Storage - East Harlem   0 0 0   Fee      
42 Whispering Palms Apartments   0 0 0   Fee      
43 Elite RV & Boat Storage   0 0 0   Fee      
44 Arcadia Shopping Center   0 0 0   Fee      
45 Turtle Creek Apartments   0 0 0   Fee      
46 Walgreens-Burbank   0 0 0   Fee      
47 Village Circle Apartments   0 0 0   Fee      
48 CVS Portfolio   0 0 0   Fee      
48.01 CVS Highland           Fee      
48.02 CVS Raytown           Fee      
49 La Hacienda Apartments   0 0 0   Fee      
50 260 Centre Avenue   0 0 0   Fee      
51 Walgreens-Coralville   0 0 0   Fee      
52 Outerbanks Portfolio   0 0 0   Fee      
52.01 Colonial Inn           Fee      
52.02 Seahorse Inn           Fee      
53 Astoria Portfolio   0 0 0   Fee      
54 Tramec Sloan Industrial Building   0 0 0   Fee      
55 Walgreens-Germantown   0 0 0   Fee      
56 Davita - Lakeport   0 0 0   Fee      
57 Oak Park & Pecan Acres MHC Portfolio   0 0 0   Fee      
57.01 Oak Park MHC           Fee      
57.02 Pecan Acres MHC           Fee      
58 850-860 Meridian Avenue   0 0 0   Fee      
59 Oakwood Flex Complex   0 0 0   Fee      
60 Peace River Village MHC   0 0 0   Fee      
61 StorQuest Phoenix - Bell Road   0 0 0   Fee      
62 Dunedin Mini Storage   0 0 0   Fee      
63 Dollar General Port Wentworth   0 0 0   Fee      
                     

A-1-14

 

 

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

 

Mortgage Loan Number Property Name Lockbox Whole Loan Cut-off Date Balance ($) Whole Loan Debt Service ($) Subordinate Secured Debt Original Balance ($) Subordinate Secured Debt Cut-off Date Balance ($) Whole Loan U/W NOI DSCR (x) Whole Loan U/W NCF DSCR (x) Whole Loan Cut-off Date LTV Ratio Whole Loan Cut-off Date U/W NOI Debt Yield Whole Loan Cut-off Date U/W NCF Debt Yield Mezzanine Debt Cut-off Date Balance($)
1 Two Penn Center Hard/Springing Cash Management                    
2 Amazon @ Atlas Hard/Springing Cash Management                    
3 Tri-State Distribution Center Hard/Springing Cash Management                    
4 Magna Seating HQ Springing                    
5 MGM Grand & Mandalay Bay Hard/Springing Cash Management 3,000,000,000 9,018,542 1,365,800,000 1,365,800,000 2.70 2.70 65.2% 9.7% 9.7%  
5.01 MGM Grand   1,635,000,000 4,915,105 744,361,000 744,361,000 2.70 2.70 65.2% 9.7% 9.7%  
5.02 Mandalay Bay   1,365,000,000 4,103,436 621,439,000 621,439,000 2.70 2.70 65.2% 9.7% 9.7%  
6 Seacrest Homes Springing                    
7 Phoenix Industrial Portfolio V Hard/Springing Cash Management                    
7.01 Newton                      
7.02 Fort Smith                      
7.03 Flint                      
7.04 Coffeyville                      
8 Consumer Cellular Soft/Springing Cash Management                    
9 160 Pine Street Hard/Upfront Cash Management                    
10 Metairie MOB Portfolio Hard/Springing Cash Management                    
10.01 Independence Plaza                      
10.02 3530 Houma Boulevard                      
11 The Ratner Hard/Springing Cash Management                    
12 Burke Town Center Springing                    
13 Southridge Center Springing                    
14 8800 Baymeadows Hard/Upfront Cash Management                    
15 Seaport Homes Springing                    
16 2209 Sulphur Spring Road Hard/Springing Cash Management                    
17 Southeast G6 Portfolio Hard/Springing Cash Management                   3,000,000
17.01 Studio 6 Chamblee                     881,250
17.02 Studio 6 Savannah                     778,125
17.03 Motel 6 Greenville                     750,000
17.04 Motel 6 / Studio 6 Augusta                     590,625
18 Crescent Gateway Hard/Springing Cash Management                    
19 Herndon Square Springing                    
20 Aspen Court Apartments Springing                    
21 Bensalem Plaza Shopping Center Springing                    
22 Athens West Shopping Center Hard/Springing Cash Management                    
23 Chico Mobile Country Club Springing                    
24 Allerand Portfolio 1 Springing                    
24.01 Walgreens Ironton                      
24.02 Rite Aid Holt                      
24.03 Walgreens Ashland                      
24.04 Walgreens Stuarts Draft                      
24.05 Walgreens Clay                      
24.06 Walgreens Louisville                      
24.07 Rite Aid Fremont                      
24.08 Rite Aid New Baltimore                      
25 Ontario Gateway Springing                    
26 Cobble Hill Multifamily Portfolio Springing                    
26.01 181 Court Street                      
26.02 131 Smith Street                      
27 Walgreens Portfolio Hard/Springing Cash Management                    
27.01 Walgreens-Santa Fe                      
27.02 Walgreens-Morehead City                      
28 Gateway Business Park Springing                    
29 Dearborn Industrial Portfolio Springing                    
29.01 15000 North Commerce Drive                      
29.02 3001 Gulley Road                      
29.03 15201 Century Drive                      
29.04 15301 Century Drive                      
29.05 15401 Century Drive                      
29.06 15050 North Commerce Drive                      
29.07 15300 Rotunda Drive                      
30 Detroit Chassis Hard/Upfront Cash Management                    
31 Goldman Multifamily Portfolio Tranche 5 Springing                    
31.01 7750 South Muskegon Avenue                      
31.02 6437 South Kenwood Avenue                      
31.03 7836 S. South Shore Drive                      
31.04 7810 South Ada Street                      
31.05 7760 South Coles Avenue                      
31.06 8000 South Justine Street                      
31.07 8214 South Ingleside Avenue                      
32 The Loom Hard/Springing Cash Management                    
33 Walgreens Bayamón Hard/Springing Cash Management                    
34 Sedona Village Springing                    
35 Washington Street Storage Portfolio #2 Springing                    
35.01 Storage Mall Lex Park                      
35.02 Clarence Self Storage                      
35.03 West Side Mini Storage                      
35.04 Stor-Yor-Stuff                      
36 The Shops at 407 & Corner Shoppes Springing                    
36.01 Shops at 407                      
36.02 Corner Shoppes                      
37 10 Industrial Avenue Hard/Springing Cash Management                    
38 Oak Park Michigan Storage Springing                    
39 Farmington Hills Michigan Storage Springing                    
40 Haight & Fillmore Apartments Springing                    
41 GoodFriend Self Storage - East Harlem Springing                    
42 Whispering Palms Apartments Springing                    
43 Elite RV & Boat Storage Springing                    
44 Arcadia Shopping Center Springing                    
45 Turtle Creek Apartments Soft/Springing Cash Management                    
46 Walgreens-Burbank Hard/Springing Cash Management                    
47 Village Circle Apartments Springing                    
48 CVS Portfolio Springing                    
48.01 CVS Highland                      
48.02 CVS Raytown                      
49 La Hacienda Apartments Springing                    
50 260 Centre Avenue Springing                    
51 Walgreens-Coralville Hard/Springing Cash Management                    
52 Outerbanks Portfolio Springing                    
52.01 Colonial Inn                      
52.02 Seahorse Inn                      
53 Astoria Portfolio Hard/Springing Cash Management                    
54 Tramec Sloan Industrial Building Hard/Upfront Cash Management                    
55 Walgreens-Germantown Hard/Springing Cash Management                    
56 Davita - Lakeport Hard/Springing Cash Management                    
57 Oak Park & Pecan Acres MHC Portfolio Springing                    
57.01 Oak Park MHC                      
57.02 Pecan Acres MHC                      
58 850-860 Meridian Avenue Springing                    
59 Oakwood Flex Complex Springing                    
60 Peace River Village MHC Springing                    
61 StorQuest Phoenix - Bell Road Springing                    
62 Dunedin Mini Storage Springing                    
63 Dollar General Port Wentworth Springing                    
                         

A-1-15

 

 

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

 

Mortgage Loan Number Property Name Pari Passu (Y/N) Pari Passu Note Control (Y/N) Pari Passu Piece In-Trust Cut-Off Balance Pari Passu Piece Non-Trust Cut-Off Balance Total Cut-off Date Pari Passu Debt Sponsor(12) Affiliated Sponsors Mortgage Loan Number
1 Two Penn Center N N       Alex Schwartz   1
2 Amazon @ Atlas N N       TechCore, LLC   2
3 Tri-State Distribution Center N         Yaakov E. Sod   3
4 Magna Seating HQ N         Harbor Group International; Mark Shabad   4
5 MGM Grand & Mandalay Bay Y   36,500,000 1,597,700,000 1,634,200,000 BREIT Operating Partnership L.P.; MGM Growth Properties Operating Partnership LP   5
5.01 MGM Grand               5.01
5.02 Mandalay Bay   N           5.02
6 Seacrest Homes Y N 30,000,000 18,000,000 48,000,000 Laisin Leung Y - Group 1 6
7 Phoenix Industrial Portfolio V Y   29,774,501 64,511,418 94,285,919 Phoenix Investors   7
7.01 Newton               7.01
7.02 Fort Smith               7.02
7.03 Flint               7.03
7.04 Coffeyville               7.04
8 Consumer Cellular N         Walter C. Bowen   8
9 160 Pine Street N         Philip H. Ouyang; Victoria Yuen Ouyang   9
10 Metairie MOB Portfolio N         John P. Hamide   10
10.01 Independence Plaza               10.01
10.02 3530 Houma Boulevard               10.02
11 The Ratner N         Paragon Real Estate Fund, LLC   11
12 Burke Town Center N         Reco Holdings LLC   12
13 Southridge Center N         E. Stanley Kroenke Y - Group 2 13
14 8800 Baymeadows N         Jeremy R. McLendon; Ted M. Sherman   14
15 Seaport Homes Y   18,000,000 14,000,000 32,000,000 Laisin Leung Y - Group 1 15
16 2209 Sulphur Spring Road N         Aminim Properties LLC; AP Aminim Properties LP; Ephraim Kriel   16
17 Southeast G6 Portfolio N         Subhash Patel; Vijaykumar Patel   17
17.01 Studio 6 Chamblee               17.01
17.02 Studio 6 Savannah   N           17.02
17.03 Motel 6 Greenville   N           17.03
17.04 Motel 6 / Studio 6 Augusta               17.04
18 Crescent Gateway Y   15,929,166 31,858,332 47,787,499 Gregory Fernebok; Robert Scheer   18
19 Herndon Square Y Y 15,477,747 14,978,465 30,456,211 BRIT Limited Partnership   19
20 Aspen Court Apartments N         Rolf A. Anderson; Jonathan P. Sauser   20
21 Bensalem Plaza Shopping Center N         Michael S. Pearlstein   21
22 Athens West Shopping Center N         Ian Ross   22
23 Chico Mobile Country Club N         Richard V. Bowling, Jr.; Kathleen S. Bowling; The Bowling Revocable Trust   23
24 Allerand Portfolio 1 N         Richard J. Sabella Y - Group 4 24
24.01 Walgreens Ironton             Y - Group 4 24.01
24.02 Rite Aid Holt             Y - Group 4 24.02
24.03 Walgreens Ashland             Y - Group 4 24.03
24.04 Walgreens Stuarts Draft             Y - Group 4 24.04
24.05 Walgreens Clay             Y - Group 4 24.05
24.06 Walgreens Louisville             Y - Group 4 24.06
24.07 Rite Aid Fremont             Y - Group 4 24.07
24.08 Rite Aid New Baltimore             Y - Group 4 24.08
25 Ontario Gateway N         James L. Previti   25
26 Cobble Hill Multifamily Portfolio N         Abe Richard Cohen; Jeffrey Lefkovits   26
26.01 181 Court Street               26.01
26.02 131 Smith Street               26.02
27 Walgreens Portfolio N           Y - Group 3 27
27.01 Walgreens-Santa Fe             Y - Group 3 27.01
27.02 Walgreens-Morehead City             Y - Group 3 27.02
28 Gateway Business Park N         Daniel Joseph Lautner; The Lautner Family Trust Dated May 14, 2015   28
29 Dearborn Industrial Portfolio N         Adel Abdullah Al-Mansoob   29
29.01 15000 North Commerce Drive               29.01
29.02 3001 Gulley Road               29.02
29.03 15201 Century Drive               29.03
29.04 15301 Century Drive               29.04
29.05 15401 Century Drive               29.05
29.06 15050 North Commerce Drive               29.06
29.07 15300 Rotunda Drive               29.07
30 Detroit Chassis N         Meshulam Martin   30
31 Goldman Multifamily Portfolio Tranche 5 N         Goldman Investments; Hadar Goldman; Alpha Inv 259 - South Chicago II, LLC   31
31.01 7750 South Muskegon Avenue               31.01
31.02 6437 South Kenwood Avenue               31.02
31.03 7836 S. South Shore Drive               31.03
31.04 7810 South Ada Street               31.04
31.05 7760 South Coles Avenue               31.05
31.06 8000 South Justine Street               31.06
31.07 8214 South Ingleside Avenue               31.07
32 The Loom N         Elliot C. Mamiye; Charles Mamiye; Solomon Barnathan; Steven Chera   32
33 Walgreens Bayamón N         Marc Jacobowitz; Yerachmael Jacobson   33
34 Sedona Village N         E. Stanley Kroenke Y - Group 2 34
35 Washington Street Storage Portfolio #2 N         Jonathan Salinas; Washington Street Investment Partners LLC   35
35.01 Storage Mall Lex Park               35.01
35.02 Clarence Self Storage               35.02
35.03 West Side Mini Storage               35.03
35.04 Stor-Yor-Stuff               35.04
36 The Shops at 407 & Corner Shoppes N         Jose Chacalo Hilu; Elias Husni Hanono   36
36.01 Shops at 407               36.01
36.02 Corner Shoppes               36.02
37 10 Industrial Avenue N         Howard Wasserman;  Ezra Samuel Moche   37
38 Oak Park Michigan Storage N         Kim E. Zeune Y - Group 5 38
39 Farmington Hills Michigan Storage N         Kim E. Zeune Y - Group 5 39
40 Haight & Fillmore Apartments N         Robert E. Shelton   40
41 GoodFriend Self Storage - East Harlem N         Beth L. Eidman; Elise L. Miller; Robin S. Miller   41
42 Whispering Palms Apartments N         J. Russ Davis, Jr.; J. Ronald Terwilliger   42
43 Elite RV & Boat Storage N         Hugh D. Cohen; Brian E. Boehmcke; Joel T. Flax; HIC Haxall Fund I LP; John Georghiou;   43
44 Arcadia Shopping Center N         H. Blake Tartt III   44
45 Turtle Creek Apartments N         Mark A. Muselman   45
46 Walgreens-Burbank N         Karen E. Kennedy   46
47 Village Circle Apartments N         Jeremiah Bass; Brian Anthony Selmo   47
48 CVS Portfolio N         Richard J. Sabella Y - Group 4 48
48.01 CVS Highland             Y - Group 4 48.01
48.02 CVS Raytown             Y - Group 4 48.02
49 La Hacienda Apartments N         Aandrea Carter   49
50 260 Centre Avenue N         David A. Roth; David Dabakarov   50
51 Walgreens-Coralville N           Y - Group 3 51
52 Outerbanks Portfolio N         Rajesh Lakhani   52
52.01 Colonial Inn               52.01
52.02 Seahorse Inn               52.02
53 Astoria Portfolio N         Barry McKenna   53
54 Tramec Sloan Industrial Building N         Norman Lynn   54
55 Walgreens-Germantown N           Y - Group 3 55
56 Davita - Lakeport N         Yu Sun; Gongyuan Ding; Jie Wen   56
57 Oak Park & Pecan Acres MHC Portfolio N         Michael D. Hyatt; Kris Hodges   57
57.01 Oak Park MHC               57.01
57.02 Pecan Acres MHC               57.02
58 850-860 Meridian Avenue N         Linton Grant; Gary Grant   58
59 Oakwood Flex Complex N         Helmuth A. Stahlecker III   59
60 Peace River Village MHC N         Mario Dattilo; Douglas A. Dattilo; Sandra Hauber; Roland Hauber; Joint Revocable Trust of Roland Hauber and Sandra Hauber   60
61 StorQuest Phoenix - Bell Road N         William W. Hobin; Clark W. Porter; Timothy B. Hobin   61
62 Dunedin Mini Storage N         Richard J. O’Brien   62
63 Dollar General Port Wentworth N         Sandra Lynn Kern   63
                   

A-1-16

 

 

    FOOTNOTES TO ANNEX A-1  
       
  See “Annex A-3: Summaries of the Fifteen Largest Mortgage Loans” in the Preliminary Prospectus for additional information on the 15 largest mortgage loans.
       
(1) “WFB” denotes Wells Fargo Bank, National Association, “Barclays” denotes Barclays Capital Real Estate Inc., “BSPRT” denotes BSPRT CMBS Finance, LLC, “LMF” denotes LMF Commercial, LLC, “UBS AG” denotes UBS AG, by and through its branch office at 1285 Avenue of the Americas, New York, New York, and “AREF” denotes Argentic Real Estate Finance LLC
       
(2) For mortgage loan #3 (Tri-State Distribution Center), the Number of Units includes 221,830 square feet of industrial space and 27,417 square feet of office space.
       
  For mortgage loan #4 (Magna Seating HQ), the Number of Units is approximately 65% office space, 20% R&D space, and 15% high-bay industrial space.
       
  For mortgage loan #5 (MGM Grand & Mandalay Bay), each of the related mortgaged properties consist of a resort and casino and, as of the trailing twelve months ending December 31, 2020 (i) with respect to the Mandalay Bay mortgaged property, approximately 35.0% of the revenues were from hotel rooms, approximately 22.0% of the revenues were from gaming, approximately 22.5% of the revenues were from food and beverage, and approximately 20.6% of the revenues were from other sources and (ii) with respect to the MGM Grand mortgaged property, approximately 26.2% of the revenues were from hotel rooms, approximately 30.6% of the revenues were from gaming, approximately 20.0% of the revenues were from food and beverage, and approximately 23.2% of the revenues were from other sources.
       
  For mortgage loan #9 (160 Pine Street), the Number of Units includes 76,271 square feet of office space and 11,903 square feet of ground floor and basement retail space.
       
  For mortgage loan #10 (Metairie MOB Portfolio), two of the mortgaged properties, Independence Plaza Property and the 3530 Houma Boulevard Property, are comprised of office, medical office, and retail space. The Independence Plaza Property consists of 29,217 square feet, 17,288 square feet, and 6,108 square feet of medical office, in-line retail, and freestanding retail, respectively, totaling 52,613 square feet (61.6% of Portfolio NRA).  The 3530 Houma Boulevard Property consists of 32,852 square feet of medical office space (38.4% of Portfolio NRA).
       
  For mortgage loan #18 (Crescent Gateway), the the Number of Units includes 112,943 square feet of office space and 31,786 square feet of retail space.
       
  For mortgage loan #19 (Herndon Square), the Number of Units includes 149,284 square feet of flex office space, 87,937 square feet of traditional office space and 26,286 square feet of data center space.
       
  For mortgage loan #26 (Cobble Hill Multifamily Portfolio), two of the mortgaged properties, 181 Court Street Property, and 131 Smith Street Property, are comprised of multifamily and retail space. The 181 Court Street Property is comprised of 4,200 square feet of multifamily space (6 units) and 1,695 square feet of retail space. The 131 Smith Street Property is comprised of 3,250 square feet of multifamily space (5 units) and 1,400 square feet of retail space.    
       
  For mortgage loan #37 (10 Industrial Avenue), the Number of Units includes 64,824 square feet of industrial space and 26,984 square feet of office space.
       
  For mortgage loan #40 (Haight & Fillmore Apartments), the Number of Units reflects residential units. The mortgaged property also includes 4,700 square feet of commercial space.
       
  For mortgage loan #43 (Elite RV & Boat Storage), the units are catered specifically for RV parking storage and to a lesser extent, boat storage.
   

A-1-17

 

   
  For mortgage loan #59 (Oakwood Flex Complex), the Number of Units includes 31,076 square feet of flex industrial space and 26,679 square feet of office space.
   
(3) For mortgage loan #29 (Dearborn Industrial Portfolio), the loan agreement identifies four separate individual mortgaged properties each constituting a single tax parcel, identified as the Gulley Property, the Commerce Property, the 15201 Century Property and the 15301 Century Property. Certain of the seven individual properties listed on Annex A-1 constitute individual buildings and related land located within one of such four mortgaged properties identified in the loan agreement. The properties identified on Annex A-1 as 15000 North Commerce Drive and 15050 North Commerce Drive are both part of the Commerce Property, and the properties identified on Annex A-1 as 15301 Century Drive, 15401 Century Drive and 15300 Rotunda Drive are each part of the 15301 Century Property. The borrower is permitted to obtain the free release (without prepayment or defeasance) of the buildings located at 15050 North Commerce Drive and 15301 Century Drive, together with certain related land (collectively, the “Dearborn Free Release Collateral”), as described in the prospectus under “Certain Terms of the Mortgage Loans—Releases; Partial Releases.
   
(4) For mortgage loan #30 (Detroit Chassis), the mortgage loan has a five-day grace period for any late fees only once during the loan term.
   
(5) For mortgage loan #5 (MGM Grand & Mandalay Bay), the Appraised Value of $4,600,000,000 represents the appraised value solely with respect to real property at the MGM Grand & Mandalay Bay mortgaged properties, excluding personal property and intangible property attributable to the MGM Grand & Mandalay Bay mortgaged properties (the “Aggregate Real Property Appraised Value”). The appraisal also includes an “As Leased Sale Leaseback Appraised Value,” which is equal to the Aggregate Real Property Appraised Value. The Appraised Value of $7,352,600,000 (“Aggregate As Is Appraised Value”) as of January 10, 2020, includes personal property and intangible property attributable to the MGM Grand & Mandalay bay mortgaged Properties. The personal property and intangible property relating to the MGM Grand & Mandalay Bay mortgaged properties is owned by the MGM tenant or certain sublessees at the MGM Grand & Mandalay Bay mortgaged properties that are wholly owned subsidiaries of MGM (the “MGM/Mandalay Operating Subtenants”) (as more particularly provided in the master lease), which granted a security interest in certain property of the MGM tenant and the MGM/Mandalay Operating Subtenants (with certain exclusions, including an exclusion for the intellectual property of MGM tenant (as more particularly described in the master lease); and provided that the FF&E is only transferred to the MGM Grand & Mandalay Bay borrowers at no cost in the event of a termination of the master lease due to an event of default by the MGM tenant thereunder) in favor of the MGM Grand & Mandalay Bay borrowers, and such security interest was collaterally assigned by the MGM Grand & Mandalay Bay borrowers to the mortgage lender.
   
  For mortgage loan #7 (Phoenix Industrial Portfolio V), the Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD are based on a combined appraised value of the related mortgaged properties of $145,300,000, which utilizes a $46,500,000 “as-stabilized” valuation for the Fort Smith mortgaged property, as the conditions set forth in the related appraisal for using such valuation (namely, a 90.0% stabilized occupancy and market rent of $3.50 PSF NNN and a market lease term of five years) were satisfied when the QualServ Solutions LLC lease was executed at $3.65 PSF NNN for a five-year term, increasing the occupancy at the Fort Smith property to 90.5%.
   
  For mortgage loan #18 (Crescent Gateway), the Appraised Value represents the “As-Is Hypothetical” value of $75,400,000 as of December 2, 2020, which assumes that the Fourth Largest Tenant, Pulse Fitness, is in place at the mortgaged property with no TI allowance or free rent obligation outstanding. As of January 28, 2021, Pulse Fitness has taken possession of its space and is currently performing its tenant build out. Pulse Fitness will receive nine months of free rent commencing on the earlier of 180 days from the date of possession or upon substantial completion of its space buildout. All applicable gap rent and unfunded TI obligations related to Pulse Fitness was reserved for at closing. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the “As-Is” value of $74,800,000 are 63.9% and 51.0%, respectively.
   
  For mortgage loan #20 (Aspen Court Apartments), the Appraised Value reflects an “as-complete” appraised value, which assumes the completion of 12 additional units. The Appraised Value without the completion assumption is $21,600,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD
   

A-1-18

 

  assuming the $21,600,000 value are 66.1% and 54.6%, respectively. At origination, the borrower deposited $175,483 into an upfront engineering reserve account, which is 115% of remaining costs to complete the additional units. Completion of the additional units is anticipated in Q4 2021.
   
  For mortgage loan #35 (Washington Street Storage Portfolio #2), 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 $11,150,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD assuming the $11,150,000 value are 65.0% and 59.4%, respectively.
   
  For mortgage loan #53 (Astoria Portfolio), the borrower has applied for the Mortgaged Property to receive a 25-year tax abatement (the “ICAP Abatement”) pursuant to the Industrial and Commercial Abatement Program  from the New York City Department of Finance (the “Tax Abatement Program”). The 25-year ICAP Abatement would result in an abated level of taxes that phases out over a 25-year period with 100% of the benefit realized in years 1 through 16, with the phase out occurring in 10% increments in each of the remaining years. The borrower has represented and warranted that it has satisfied all requirements for the mortgaged property to be eligible for the 25-year abatement benefits under the Tax Abatement Program in accordance with all legal requirements. The loan is recourse to the borrower and non-recourse carveout guarantor until delivery of evidence satisfactory to the lender (including delivery of a tax bill issued by the applicable department) that (1) the mortgaged property has satisfied all requirements to be eligible to receive the benefits under the Tax Abatement Program and (2) the mortgaged property has been granted the 25-year abatement benefits under the Tax Abatement Program, however, such recourse liability is capped at $1,850,000, plus any related deficiency in the tax reserve due to failure to obtain the 25-year abatement benefits under the Tax Abatement Program and costs and expenses incurred by the lender in connection with the enforcement of the liability. The mortgage loan was underwritten based on the 15-year average real estate taxes, after giving effect to the ICAP Abatement. Based on the unabated real estate taxes, the U/W NOI DSCR, U/W NCF DSCR, U/W NOI Debt Yield and U/W NCF Debt Yield are 1.10x, 1.07x, 6.6% and 6.4%, respectively, compared to U/W NOI DSCR, U/W NCF DSCR, U/W NOI Debt Yield and U/W NCF Debt Yield of 1.46x, 1.43x, 8.9% and 8.7% based on the abated taxes. The appraised value of the mortgaged property includes $1,000,000 attributable to the net present value of the ICAP Abatement. If such $1,000,000 amount is deducted from the appraised value of $6,800,000, the Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD of the Mortgage Loan would be 66.4% and 60.7% respectively, compared to 56.6% and 51.8% based on the full appraised value, including the ICAP abatement. There can be no assurance as to what the value of the Mortgaged Property would be if the ICAP abatement is not obtained. In addition, if the ICAP is obtained, based on the remaining ICAP Abatement at loan maturity, the LTV Ratio at Maturity or ARD will be approximately 56.8%, compared to the LTV Ratio at Maturity or ARD of 51.8% based on the full $1,000,000 amount attributed to the ICAP Abatement in the appraisal. We cannot assure you that the ICAP Abatement will be obtained.
   
(6) Certain tenants may not be in occupancy or may be in free rent periods. In particular, with respect to (i) single tenant properties, (ii) the largest 5 tenants with respect to the largest 15 mortgage loans and (iii) tenants that, 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 #18 (Crescent Gateway), the Largest Tenant (40,472 square feet), representing 28.2% of net rentable square footage, subleases its entire space to five subtenants: Liquidity Services, Inc. (18,412 square feet through April 30, 2023 at a rate of $26.78 per square foot), Meridian Senior Living, LLC (9,404 square feet through April 30, 2023 at a rate of $28.12 per square foot), CareMetx, LLC (5,475 square feet through April 30, 2023 at a rate of $28.12 per square foot), Capital Investment Associates Corporation (4,027 square feet through April 30, 2023 at a rate of $29.81 per square foot) and Summit Global Ventures (3,424 square feet through April 30, 2023 at a rate of $28.21 per square foot). The Fourth Largest Tenant, CareMetx, LLC, signed a new direct lease on a 6,267 square foot space on the fourth floor at $36.00 per square feet through June 30, 2028, which space will be automatically increased to include the subleased space at a rate of $30.42 per square feet that will commence upon the sublease expiration on April 30, 2023.
   

A-1-19

 

   
  For mortgage loan #29 (Dearborn Industrial Portfolio), the third largest tenant at the 15201 Century Drive mortgaged property (4,800 square feet), representing 2.5% of the net rentable square feet of the mortgaged properties comprising the portfolio (excluding  the Dearborn Free Release Collateral), has a free rent period occurring in May 2021 and June 2022. At origination, $5,900 was reserved for such free rent period. The sole tenant at the 15301 Century Drive mortgaged property (35,963 square feet), representing 19.0% of the net rentable square feet of the mortgaged properties comprising the portfolio (excluding the Dearborn Free Release Collateral), has a free rent period occurring in January 2022, February 2023 and March 2024. At origination, $72,205 was reserved for such free rent period. The largest tenant at the 15401 Century Drive mortgaged property (15,600 square feet), representing 8.2% of the net rentable square feet of the mortgaged properties comprising the portfolio (excluding the Dearborn Free Release Collateral), has a free rent period occurring in December 2021. At origination, $10,140 was reserved for such free rent period.
   
  For mortgage loan #59 (Oakwood Flex Complex), the Fourth Largest Tenant (4,274 square feet), representing 7.4% of net rentable square footage, subleases 1,000 square feet for storage use for a total annual base rent of $14,400 ($14.40 per square foot expiring on January 15, 2023).
   
(7) Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. In particular, with respect to (i) single tenant properties, (ii) the largest 5 tenants with respect to the largest 15 mortgage loans and (iii) tenants that, 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 #22 (Athens West Shopping Center), the third largest tenant (22,000 square feet), has a sales kickout clause per the lease. Tenant may terminate the lease at any time after the first 60 months of the term if the tenant’s annual gross sales were less than $2.25 million during any consecutive 12 month period. Tenant must provide 270-day notice to landlord of its intent to terminate the lease.
   
  For mortgage loan #25 (Ontario Gateway), the third largest tenant (10,179 square feet), representing 13.1% of net rentable square feet, has three separate leases, each with three one-time rights to terminate. 5,219 net rentable square feet, representing 6.7% of net rentable square feet, has a one-time right to terminate its lease effective December 31, 2023 with written notice no later than December 1, 2023, 3,204 net rentable square feet, representing 4.1% of net rentable square feet, has a one-time right to terminate its lease effective June 30, 2024 with written notice no later than May 31, 2024, and 1,756 net rentable square feet, representing 2.3% of net rentable square feet, has a one-time right to terminate its lease effective March 31, 2023 with written notice no later than March 1, 2023.
   
  For mortgage loan #26 (Cobble Hill Multifamily Portfolio), the second largest retail tenant at the 131 Smith Street Property (355 square feet), representing 25.4% of the net rentable square feet of the 131 Smith Street Property, has a termination option at any time during the term of the lease by providing 90 days’ prior written notice.
   
  For mortgage loan #36 (The Shops at 407 & Corner Shoppes), the largest tenant at the Shops at 407 mortgaged property (4,100 square feet), representing 15.1% of the net rentable square feet of the mortgaged properties comprising the portfolio, has a one-time right to terminate its lease effective on June 30, 2027 with six months’ written notice and payment of a termination fee equal to the unamortized portion of brokerage commissions and tenant improvement allowance amortized on a straight-line basis over a 10 year period.
   
  For mortgage loan #36 (The Shops at 407 & Corner Shoppes), the fifth largest tenant at the Corner Shoppes mortgaged property (2,361 square feet), representing 8.7% of the net rentable square feet of the mortgaged properties comprising the portfolio, has a one-time right to terminate its lease, provided that: (i) the termination option can only be exercised by providing written notice during the 30 day
   

A-1-20

 

   
  period after May 31, 2024, (ii) the tenant’s total gross receipts during June 1, 2023 to May 31, 2024 do not exceed $1,200,000 and are confirmed via a verified sales report and (iii) the tenant pays a termination fee equal to the unamortized amount of the brokerage commissions and the tenant improvement allowance, amortized on a straight-line basis over a 10 year period. If all of the requirements are met, the lease will expire on May 31, 2025. The fifth largest tenant at the Shops at 407 mortgaged property (1,071 square feet), representing 3.9% of the net rentable square feet of the mortgaged properties comprising the portfolio, has a one-time right to terminate its lease, provided that: (i) the termination option can only be exercised by providing written notice after August 31, 2022 and before May 31, 2029, (ii) the tenant’s average gross receipts are less than $450,000 in any trailing twelve-month period after August 31, 2022 and are confirmed via a verified sales report, (iii) written notice is provided during the notice period referenced earlier and less than six months after a sales threshold event and (iv) the tenant pays a termination fee equal to three months of the then current rent and tenant’s proportionate share of the shopping center’s operation cost if the termination notice is delivered prior to September 1, 2025. If all of the requirements are met, the lease will expire on the twelfth full calendar month after landlord’s receipt of the termination notice.
   
  For mortgage loan #53 (Astoria Portfolio), the second largest tenant (4,500 square feet), representing 25.5% of the net rentable square feet, has the right to terminate its lease at any time upon 120 days’ written notice and payment of a termination fee equal to the unamortized brokerage commissions. In addition, the tenant must forfeit its security deposit of $18,500.
   
(8) For mortgage loan #25 (Ontario Gateway), the third largest tenant (10,179 square feet), representing 13.1% of net rentable square feet, has multiple lease expirations. 5,219 net rentable square feet expires in December 2027, 3,204 net rentable square feet expires in June 2028, and 1,756 square feet expires in March 2027.
   
(9) For mortgage loan #52 (Outerbanks Portfolio), the mortgage loan is structured with a seasonality reserve of $430,000, of which $200,000 was reserved by the borrower at mortgage loan origination. On each payment date occurring in May 2021 through and including November 2021, the borrower is required to deposit with the lender the greater of (a) all excess cash flow from the prior month or (b) $32,857.14, until such time as amounts on deposit in the seasonality reserve equal $430,000. In addition to the foregoing, commencing on the payment date occurring in May 2022 and continuing through November 2022 (and each May through November inclusive thereafter) the borrower will be required to deposit with the lender such additional funds as set forth in accordance with the terms of the mortgage loan documents.
   
(10) For mortgage loan #3 (Tri-State Distribution Center), all LTVs, DSCRs and Debt Yields are calculated assuming the full loan net of the reserve amount of $547,187. The borrower deposited $380,963 and $166,224, respectively, into an outstanding obligations reserve at origination with respect to the leases for the two largest tenants at the Mortgaged Property, New York Produce, Inc. (27.8% of NRA) and PowerPak Civil & Safety, LLC (26.5% of NRA), which funds will be disbursed in the amount reserved for the applicable lease upon the satisfaction of certain conditions set forth in the related Mortgage Loan documents, including, but not limited to: (i) the applicable tenant has taken possession of, and is open for business in, its leased premises; and (ii) such tenant is paying full unabated rent. The Mortgage Loan documents provide that the lender will, in its sole discretion, apply the funds in such reserve to prepay a portion of the Mortgage Loan, and the borrower will be required to pay the yield maintenance premium applicable thereto, in the event that the outstanding obligations reserve funds have not been released to borrower prior to the payment date occurring in April 2024. Assuming the full reserve balance is not applied to the full loan amount of $41,000,000, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI DSCR, U/W NCF DSCR, U/W NOI Debt Yield and U/W NCF Debt Yield are 65.1%, 65.1%, 1.44x, 1.43x, 7.0% and 6.9%, respectively.
   
  For mortgage loan #29 (Dearborn Industrial Portfolio), All LTVs, DSCRs and Debt Yields are calculated assuming the full loan amount of $9,200,000. The borrower was required to escrow $1,700,000 at origination related to the release of the Dearborn Free Release Collateral once the related tax parcels are split. Provided no event of default has occurred and is continuing, the funds in the reserve will be disbursed to the borrower within 30 days after the borrower’s written request following the completion of the partial release. If any funds remain on February 16, 2026, such funds are required to be used to prepay all or a portion of the loan, without payment of any yield maintenance premium or prepayment fee. Net of the $1,700,000 holdback, the Cut-Off Date UW NOI Debt Yield and Cut-Off Date UW NCF
   

A-1-21

 

 

  Debt Yield are 15.2% and 14.1%, respectively. Based on the gross loan amount, the Cut-Off Date UW NOI Debt Yield and Cut-Off Date UW NCF Debt Yield are 12.4% and 11.5%, respectively.
   
(11) For mortgage loan #11 (The Ratner), the second largest tenant (6,126 square feet), representing 4.2% of net rentable square feet, has multiple lease expirations. 3,828 net rentable square feet expires in August 2024, 1,724 net rentable square feet expires in June 2021, and 574 net rentable square feet expires in August 2021.
   
  For mortgage loan #13 (Southridge Center), two parcels at the mortgaged property are subject to two separate ground leases with Ridge Line, Inc. as the ground lessor, both of which ground leases are dated as of May 19, 1993 and have an expiration date of August 31, 2091 with no extension options. The total current rent due under the ground leases is $482,316.96 annually; rent increases are according to the ground lease agreements. On each payment date during a cash management trigger event period or a cash sweep event period, the borrower is required to deposit with the lender monthly ground rent deposit.
   
  For mortgage loan #24 (Allerand Portfolio 1), a portion of the Walgreens Louisville Property is subject to a ground lease with Marc Angelo Clark and Liam Edmund Clark, as the ground lessor, which ground lease is dated as of July 8, 1997 and has an expiration of May 31, 2030 with 6 5-year extension options. The current annual rent due under the ground lease is $18,480.
   
  For mortgage loan #37 (10 Industrial Avenue), the second largest tenant (18,672 square feet), representing 26.6% of net rentable square feet, has multiple lease expirations. 18,672 net rentable square feet expires in February 2023 and 5,782 net rentable square feet expires in August 2021.
   
  For mortgage loan #41 (GoodFriend Self Storage - East Harlem), the mortgage loan is secured by the borrower’s fee simple interest in a land parcel, beneath a 31,131 square feet self-storage property located at 166 East 124th Street, New York, New York. The borrower, as landlord, leased the premises to 166 East 124th St. Storage, LLC, pursuant to a ground lease that expires on December 31, 2066. The current annual ground rent is $720,000, which increases to $792,000 annually beginning in January 2023, and increases to $871,200 annually beginning in January 2028.
   
(12) For mortgage loan #4 (Magna Seating HQ), the property managers include an affiliated property manager, Harbor Group Management Co., LLC, and an unaffiliated property manager, Friedman Real Estate Management.
   
  For mortgage loan #10 (Metairie MOB Portfolio), the largest tenant (26,647 square feet), is owned by an affiliate of the borrower.
   
  For mortgage loan #25 (Ontario Gateway), the second largest tenant (14,138 square feet), representing 18.1% of net rentable square feet, is owned by an affiliate of the borrower.
   
  For mortgage loan #53 (Astoria Portfolio), the third largest tenant (4,436 square feet), representing 25.2% of the net rentable square feet, is owned by an affiliate of the borrower.

 

A-1-22