FWP 1 n2701-x2_anxa1.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-226082-11
     

 

 

IMPORTANT NOTICE REGARDING THE CONDITIONS FOR THIS OFFERING OF ASSET-BACKED SECURITIES

The securities offered by these materials are being offered when, as and if issued. In particular, you are advised that the offered securities, and the asset pool backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated) at any time prior to issuance or availability of a final prospectus.

 

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS

The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission (“SEC”) (SEC File No. 333-226082) 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 website at www.sec.gov. Alternatively, the depositor or Goldman Sachs & Co. LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Academy Securities, Inc., Drexel Hamilton, LLC, any other underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526 or if you email a request to prospectus-ny@gs.com.

 

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Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance % of Loan Balance Mortgage Loan Originator Mortgage Loan Seller Related Group Crossed Group Address City County
                           
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square 9.99% 100.0% GSBI, DBRI, BMO GSMC, GACC NAP NAP 161 Avenue of the Americas and 233 Spring Street New York New York
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First 8.8% 100.0% JPMCB, Barclays JPMCB NAP NAP 110, 120 and 130 Holger Way and 95 Headquarters Drive San Jose Santa Clara
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe 7.9% 100.0% DBRI GACC NAP NAP 410 - 430 North Scottsdale Road Tempe Maricopa
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington 7.1% 100.0% DBRI GACC NAP NAP 2 Washington Street - Unit 3A New York New York
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain 5.7% 100.0% GSBI, BANA GSMC NAP NAP 11410 Century Oaks Terrace Austin Travis
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 3.7%   CREFI CREFI NAP NAP Various Various Various
6.01 Property   1 Kohl’s Shelby 0.7% 18.0%         8320 26 Mile Road Shelby Township Macomb
6.02 Property 41 1 Pick N’ Save Eagle River 0.5% 12.5%         711 Highway 45 North Eagle River Vilas
6.03 Property   1 Walgreens Chicopee 0.4% 10.9%         1195 Granby Road Chicopee Hampden
6.04 Property   1 Walgreens Oakland 0.3% 8.9%         209 North 3rd Street Oakland Garrett
6.05 Property   1 Walgreens Siler City 0.3% 8.5%         1523 East 11th Street Siler City Chatham
6.06 Property   1 Fresenius Chicago 0.3% 7.6%         9200 S. South Chicago Avenue Chicago Cook
6.07 Property   1 Walgreens Potsdam 0.2% 6.6%         173 Market Street Potsdam Saint Lawrence
6.08 Property   1 Outback Mesa 0.2% 6.0%         1860 East McKellips Road Mesa Maricopa
6.09 Property   1 Outback Tucson 0.2% 5.6%         4871 East Grant Road Tucson Pima
6.10 Property   1 BMO Harris Watertown 0.2% 4.9%         205 North 2nd Street Watertown Jefferson
6.11 Property   1 Pick N’ Save Columbus 0.1% 3.6%         210 Dix Street Columbus Columbia
6.12 Property   1 BMO Harris Merrill 0.1% 3.4%         900 East Main Street Merrill Lincoln
6.13 Property 41 1 Tractor Supply Eagle River 0.1% 3.4%         709 North Railroad Street Eagle River Vilas
7 Loan 20, 42 1 Epic West Towne Crossing 3.6% 100.0% JPMCB JPMCB Group 1 NAP 3150, 3154 and 3166 South State Highway 161 Grand Prairie Tarrant
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix 2.7% 100.0% DBRI GACC NAP NAP 1029 West 19th Street Chattanooga Hamilton
9 Loan 9, 49 1 College Point 2.7% 100.0% GSBI GSMC NAP NAP 135-05 20th Avenue College Point Queens
10 Loan 50 1 Independence Lofts 2.6% 100.0% GSBI GSMC NAP NAP 525 North 11th Street Philadelphia Philadelphia
11 Loan 51 1 McCullough Commons 2.5% 100.0% CREFI CREFI NAP NAP 230 East WT Harris Boulevard and 350-440 East McCullough Drive Charlotte Mecklenburg
12 Loan 52 1 524 Courtlandt 2.5% 100.0% CREFI CREFI NAP NAP 524 Courtlandt Avenue Bronx Bronx
13 Loan 53 1 Falls of Deer Park Apartments 2.4% 100.0% GSC GACC NAP NAP 7201 Spencer Highway Pasadena Harris
14 Loan 54, 55 1 175 East 62nd Street Leased Fee 2.2% 100.0% GSBI GSMC NAP NAP 175 East 62nd Street New York New York
15 Loan 56, 57 1 Celeros Houston 2.1% 100.0% CREFI CREFI NAP NAP 8800 Westplain Drive Houston Harris
16 Loan   2 Greene Plaza and Chippewa Center 2.1%   JPMCB JPMCB NAP NAP Various Various Various
16.01 Property   1 Chippewa Center 1.2% 60.5%         2580 Constitution Boulevard Beaver Falls Beaver
16.02 Property   1 Greene Plaza 0.8% 39.5%         210 Greene Plaza Waynesburg Greene
17 Loan 20, 42 1 Midlothian Towne Crossing 1.9% 100.0% JPMCB JPMCB Group 1 NAP 2000, 2020, 2040 and 2210 Farm to Market 663 Midlothian Ellis
18 Loan 58, 59 3 Paragon Films Sale-Leaseback 1.9%   JPMCB JPMCB Group 2 NAP Various Various Various
18.01 Property   1 255W. Baab Industrial Park Drive 0.7% 37.9%         255 WE Baab Industrial Drive Taylorsville Alexander
18.02 Property   1 915 Rose Street 0.6% 31.3%         915 Rose Street Union Gap Yakima
18.03 Property   1 3500 West Tacoma Street 0.6% 30.9%         3500 West Tacoma Street Broken Arrow Tulsa
19 Loan 60, 61, 62 1 The Village Lofts 1.9% 100.0% JPMCB JPMCB NAP NAP 200 Esten Avenue Pawtucket Providence
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 1.8%   CREFI CREFI NAP NAP Various Various Various
20.01 Property   1 Food4Less - Chicago Heights 0.2% 10.8%         1333 Western Avenue Chicago Heights Cook
20.02 Property   1 Walgreens - Bridgeview 0.2% 9.9%         7878 South Harlem Avenue Bridgeview Cook
20.03 Property   1 Walgreens - Alton 0.1% 8.2%         1650 Washington Avenue Alton Madison
20.04 Property   1 Walgreens - Alexandria 0.1% 7.5%         1 Viewpoint Drive Alexandria Campbell
20.05 Property   1 First Midwest Bank - DeKalb 0.1% 5.9%         130 West Lincoln Highway DeKalb DeKalb
20.06 Property   1 First Midwest Bank - Schaumburg 0.1% 5.6%         2601 West Schaumburg Road Schaumburg Cook
20.07 Property   1 Walgreens - Oklahoma City 0.1% 4.9%         4300 Southeast 29th Street Del City Oklahoma
20.08 Property   1 CVS - Zanesville 0.1% 4.9%         1208-1212 Maple Avenue Zanesville Muskingum
20.09 Property   1 CVS Pharmacy - Hagerstown 0.1% 4.8%         10 East Wilson Boulevard Hagerstown Washington
20.10 Property   1 Fresenius Medical Care - Lawrenceville 0.1% 4.7%         1115 Herrington Road Lawrenceville Gwinnett
20.11 Property   1 First Midwest Bank - Joliet 0.1% 4.7%         1415 West Jefferson Street Joliet Will
20.12 Property   1 Memorial Health System - Decatur 0.1% 4.7%         4455 US Route 36 East Decatur Macon
20.13 Property   1 CVS - Decatur 0.1% 4.6%         4037 Glenwood Road Decatur DeKalb
20.14 Property   1 Verizon - Beloit 0.1% 3.3%         2911 Milwaukee Road Beloit Rock
20.15 Property   1 Dollar Tree - Grimes 0.0% 2.6%         480 Gateway Drive Grimes Polk
20.16 Property   1 Dollar General - Belle Chasse 0.0% 2.2%         206 Woodland Highway Belle Chasse Plaquemines
20.17 Property   1 Sherwin Williams - Urbana 0.0% 2.2%         203 North Vine Street Urbana Champaign
20.18 Property   1 Dollar General - Camden 0.0% 2.2%         2722 Federal Street Camden Camden
20.19 Property   1 Dollar General - Thibodaux 0.0% 2.1%         1931 Highway 308 Thibodaux Lafourche
20.20 Property   1 Dollar General - Houma 0.0% 2.1%         308 Grand Caillou Road Houma Terrebonne
20.21 Property   1 Dollar General - South Bend 0.0% 2.0%         25460 State Road 2 South Bend St. Joseph
21 Loan   5 Veit Self Storage Portfolio 1.8%   CREFI CREFI Group 3 NAP Various Various Various
21.01 Property   1 Prime Storage of Williamsburg 0.6% 31.4%         6515 Richmond Road Williamsburg James City
21.02 Property   1 Easy Does It 0.5% 25.5%         50 Route 32 North Franklin New London
21.03 Property   1 Williamsburg Storage 0.3% 15.4%         5151 Mooretown Road Williamsburg Williamsburg City
21.04 Property   1 EZ Storage 0.3% 14.5%         751 West Queen Street Southington Hartford
21.05 Property   1 Climatrol Self Storage 0.2% 13.2%         9297 Pocahontas Trail Williamsburg James City
22 Loan 64 2 Tutor Perini Portfolio 1.7%   JPMCB JPMCB NAP NAP Various Various Various
22.01 Property   1 11171 Cherry Avenue 1.4% 81.8%         11171 Cherry Avenue Fontana San Bernardino
22.02 Property   1 15901 Olden Street 0.3% 18.2%         15901 Olden Street Sylmar Los Angeles
23 Loan 65 1 Stockton Plaza 1.6% 100.0% DBRI GACC NAP NAP 5050, 5060, 5100, 5140, 5150 and 5200 Stockton Boulevard Sacramento Sacramento
24 Loan 66 1 931-955 Coney Island Avenue 1.6% 100.0% CREFI CREFI NAP NAP 931-955 Coney Island Avenue Brooklyn Kings
25 Loan 67, 68 1 Centro Plaza 1.2% 100.0% DBRI GACC NAP NAP 400 North 48th Street Lincoln Lancaster
26 Loan 69 1 BlueCross BlueShield Building 1.2% 100.0% JPMCB JPMCB NAP NAP 11840 South Marshfield Avenue Chicago Cook
27 Loan 70 1 47-01 Queens Boulevard 1.1% 100.0% CREFI CREFI NAP NAP 47-01 Queens Boulevard Sunnyside Queens
28 Loan 42, 71, 72, 73 1 Summit Orchards 1.1% 100.0% JPMCB JPMCB NAP NAP 440-560 Northwest Chipman Road Lee’s Summit Jackson
29 Loan   1 Redwood Waukee 1.1% 100.0% GSBI GSMC NAP NAP 835 Northeast Redwood Lane Waukee Dallas
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace 1.0% 100.0% CREFI CREFI NAP NAP 8012-8072 North 19th Avenue Phoenix Maricopa
31 Loan 79, 80 1 800 Corporate Drive 0.9% 100.0% DBRI GACC NAP NAP 800 Corporate Drive Mahwah Bergen
32 Loan 81, 82 1 Staybridge Suites Bowling Green 0.9% 100.0% DBRI GACC NAP NAP 680 Campbell Lane Bowling Green Warren

A-1-1

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance % of Loan Balance Mortgage Loan Originator Mortgage Loan Seller Related Group Crossed Group Address City County
                           
33 Loan   1 360 George Patterson Boulevard 0.8% 100.0% GSBI GSMC Group 2 NAP 360 George Patterson Boulevard Bristol Bucks
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West 0.8% 100.0% JPMCB JPMCB NAP NAP 3700 Princeton Lakes Parkway Southwest Atlanta Fulton
35 Loan   2 Peak & Perry Storage Portfolio 0.8%   CREFI CREFI Group 3 NAP Various Various Various
35.01 Property   1 Peak Exit Storage 0.4% 54.9%         11134 Broad River Road Irmo Richland
35.02 Property   1 Perry Parkway Storage 0.3% 45.1%         1820 Houston Lake Road Perry Houston
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two 0.7% 100.0% CREFI CREFI NAP NAP 2001 42nd Street North Bergen Hudson
37 Loan   1 Westlake Village Court Office 0.7% 100.0% DBRI GACC NAP NAP 5743 Corsa Avenue Westlake Village Los Angeles
38 Loan   1 Arrowhead Center 0.6% 100.0% CREFI CREFI NAP NAP 1600 2nd Avenue Southwest Minot Ward
39 Loan   1 28 East 38th Street 0.6% 100.0% CREFI CREFI NAP NAP 28-30 East 38th Street New York New York
40 Loan   1 Chenal Woods Apartments 0.6% 100.0% CREFI CREFI Group 4 NAP 412 Chenal Woods Drive Little Rock Pulaski
41 Loan 90, 91 1 1822 Sunset Boulevard 0.5% 100.0% DBRI GACC NAP NAP 1822 West Sunset Boulevard Los Angeles Los Angeles
42 Loan   1 494 Jackson Avenue 0.5% 100.0% CREFI CREFI NAP NAP 494 Jackson Avenue Bronx Bronx
43 Loan   1 Bay Oaks Apartments 0.5% 100.0% CREFI CREFI Group 4 NAP 4344 Langley Avenue Pensacola Escambia
44 Loan   1 5807 W 20th St 0.4% 100.0% CREFI CREFI NAP NAP 5807 West 20th Street Greeley Weld
45 Loan   1 Walgreens Maricopa 0.4% 100.0% CREFI CREFI NAP NAP 21274 North John Wayne Parkway Maricopa Pinal
46 Loan 92, 93 3 NNN Portfolio 0.4%   CREFI CREFI NAP NAP Various Various Various
46.01 Property   1 Rite Aid - Wellington 0.1% 41.2%         267 North Main Street Wellington Lorain
46.02 Property   1 Dollar Tree - Monument 0.1% 34.7%         655 Highway 105 Monument El Paso
46.03 Property 94 1 Walgreens - Sylvania 0.1% 24.1%         305 West Ogeechee Street Sylvania Screven
47 Loan 95 1 Fayetteville Self Storage 0.3% 100.0% CREFI CREFI NAP NAP 803 South Eastern Boulevard Fayetteville Cumberland

A-1-2

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name State Zip Code General Property Type Detailed Property Type Year Built Year Renovated Number of Units Unit of Measure Loan Per Unit ($)
                           
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square New York 10013 Office CBD 1904-1926 2016 786,891 SF 597.29
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First California 95134 Office CBD 2010 2018 603,666 SF 381.01
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe Arizona 85281 Mixed Use Office/Retail 2020 NAP 309,176 SF 391.36
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington New York 10004 Multifamily High-Rise 1972 2018-2020 345 Units 381,159.42
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain Texas 78758 Retail Anchored 2007 2015-2018 886,526 SF 236.88
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 Various Various Retail Single Tenant Various Various 304,789 SF 136.39
6.01 Property   1 Kohl’s Shelby Michigan 48316 Retail Single Tenant 2002 2021 86,584 SF  
6.02 Property 41 1 Pick N’ Save Eagle River Wisconsin 54521 Retail Single Tenant 1969 2017 63,578 SF  
6.03 Property   1 Walgreens Chicopee Massachusetts 01020 Retail Single Tenant 2008 NAP 14,614 SF  
6.04 Property   1 Walgreens Oakland Maryland 21550 Retail Single Tenant 2009 NAP 14,820 SF  
6.05 Property   1 Walgreens Siler City North Carolina 27344 Retail Single Tenant 2008 NAP 14,820 SF  
6.06 Property   1 Fresenius Chicago Illinois 60617 Retail Single Tenant 2002 NAP 12,650 SF  
6.07 Property   1 Walgreens Potsdam New York 13676 Retail Single Tenant 2006 NAP 14,550 SF  
6.08 Property   1 Outback Mesa Arizona 85203 Retail Single Tenant 2003 2017 6,163 SF  
6.09 Property   1 Outback Tucson Arizona 85712 Retail Single Tenant 1995 NAP 6,561 SF  
6.10 Property   1 BMO Harris Watertown Wisconsin 53094 Retail Single Tenant 1967 NAP 9,430 SF  
6.11 Property   1 Pick N’ Save Columbus Wisconsin 53925 Retail Single Tenant 1988 2017 25,000 SF  
6.12 Property   1 BMO Harris Merrill Wisconsin 54452 Retail Single Tenant 1973 NAP 8,497 SF  
6.13 Property 41 1 Tractor Supply Eagle River Wisconsin 54521 Retail Single Tenant 1969 2017 27,522 SF  
7 Loan 20, 42 1 Epic West Towne Crossing Texas 75052 Retail Anchored 2018 NAP 276,157 SF 147.81
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix Tennessee 37408 Industrial Warehouse/Manufacturing 1968 2009, 2021 404,000 SF 74.37
9 Loan 9, 49 1 College Point New York 11356 Retail Anchored 1998 NAP 331,130 SF 211.40
10 Loan 50 1 Independence Lofts Pennsylvania 19123 Multifamily Mid-Rise 1920 2019 95 Units 305,263.16
11 Loan 51 1 McCullough Commons North Carolina 28262 Retail Anchored 2000, 2004 2019-2020 202,216 SF 140.94
12 Loan 52 1 524 Courtlandt New York 10455 Mixed Use Office/Retail 1957 2020 46,175 SF 599.89
13 Loan 53 1 Falls of Deer Park Apartments Texas 77505 Multifamily Garden 1972 2018 441 Units 61,224.49
14 Loan 54, 55 1 175 East 62nd Street Leased Fee New York 10065 Other Leased Fee NAP NAP 153,890 SF 162.45
15 Loan 56, 57 1 Celeros Houston Texas 77041 Industrial Manufacturing 1968 2015 319,251 SF 74.82
16 Loan   2 Greene Plaza and Chippewa Center Pennsylvania Various Retail Anchored Various NAP 294,883 SF 78.00
16.01 Property   1 Chippewa Center Pennsylvania 15010 Retail Anchored 1979-2008 NAP 170,384 SF  
16.02 Property   1 Greene Plaza Pennsylvania 15370 Retail Anchored 1980 NAP 124,499 SF  
17 Loan 20, 42 1 Midlothian Towne Crossing Texas 76065 Retail Anchored 2017 NAP 147,161 SF 148.32
18 Loan 58, 59 3 Paragon Films Sale-Leaseback Various Various Industrial Various Various Various 453,295 SF 48.07
18.01 Property   1 255W. Baab Industrial Park Drive North Carolina 28681 Industrial Manufacturing 2000 2021 191,795 SF  
18.02 Property   1 915 Rose Street Washington 98903 Industrial Warehouse 1996, 2005, 2013 NAP 135,750 SF  
18.03 Property   1 3500 West Tacoma Street Oklahoma 74012 Industrial Manufacturing 1989 1995 125,750 SF  
19 Loan 60, 61, 62 1 The Village Lofts Rhode Island 02860 Multifamily Mid-Rise 1900 2020 149 Units 144,295.30
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 Various Various Various Various Various Various 267,577 SF 175.78
20.01 Property   1 Food4Less - Chicago Heights Illinois 60411 Retail Single Tenant 1997 NAP 82,126 SF  
20.02 Property   1 Walgreens - Bridgeview Illinois 60455 Retail Single Tenant 2001 NAP 15,120 SF  
20.03 Property   1 Walgreens - Alton Illinois 62002 Retail Single Tenant 1997 NAP 15,120 SF  
20.04 Property   1 Walgreens - Alexandria Kentucky 41001 Retail Single Tenant 2008 2018 14,820 SF  
20.05 Property   1 First Midwest Bank - DeKalb Illinois 60115 Retail Single Tenant 2012 NAP 9,708 SF  
20.06 Property   1 First Midwest Bank - Schaumburg Illinois 60194 Retail Single Tenant 1994 NAP 4,943 SF  
20.07 Property   1 Walgreens - Oklahoma City Oklahoma 73115 Retail Single Tenant 1996 NAP 13,905 SF  
20.08 Property   1 CVS - Zanesville Ohio 43701 Retail Single Tenant 1999 NAP 10,195 SF  
20.09 Property   1 CVS Pharmacy - Hagerstown Maryland 21740 Retail Single Tenant 1998 NAP 10,125 SF  
20.10 Property   1 Fresenius Medical Care - Lawrenceville Georgia 30044 Office Medical 2005 NAP 8,659 SF  
20.11 Property   1 First Midwest Bank - Joliet Illinois 60435 Retail Single Tenant 1960 NAP 6,299 SF  
20.12 Property   1 Memorial Health System - Decatur Illinois 62521 Office Medical 2011 NAP 5,709 SF  
20.13 Property   1 CVS - Decatur Georgia 30032 Retail Single Tenant 1999 NAP 10,125 SF  
20.14 Property   1 Verizon - Beloit Wisconsin 53511 Retail Single Tenant 2021 NAP 2,500 SF  
20.15 Property   1 Dollar Tree - Grimes Iowa 50111 Retail Single Tenant 2021 NAP 9,984 SF  
20.16 Property   1 Dollar General - Belle Chasse Louisiana 70037 Retail Single Tenant 2020 NAP 9,026 SF  
20.17 Property   1 Sherwin Williams - Urbana Illinois 61802 Retail Single Tenant 2016 NAP 4,000 SF  
20.18 Property   1 Dollar General - Camden New Jersey 08105 Retail Single Tenant 1970 2021 7,987 SF  
20.19 Property   1 Dollar General - Thibodaux Louisiana 70301 Retail Single Tenant 2017 NAP 9,026 SF  
20.20 Property   1 Dollar General - Houma Louisiana 70363 Retail Single Tenant 2016 NAP 9,100 SF  
20.21 Property   1 Dollar General - South Bend Indiana 46619 Retail Single Tenant 2018 NAP 9,100 SF  
21 Loan   5 Veit Self Storage Portfolio Various Various Self Storage Self Storage Various NAP 239,110 SF 83.64
21.01 Property   1 Prime Storage of Williamsburg Virginia 23188 Self Storage Self Storage 2007 NAP 70,775 SF  
21.02 Property   1 Easy Does It Connecticut 06254 Self Storage Self Storage 2001 NAP 64,100 SF  
21.03 Property   1 Williamsburg Storage Virginia 23185 Self Storage Self Storage 2009 NAP 27,625 SF  
21.04 Property   1 EZ Storage Connecticut 06489 Self Storage Self Storage 2001 NAP 35,485 SF  
21.05 Property   1 Climatrol Self Storage Virginia 23185 Self Storage Self Storage 2006 NAP 41,125 SF  
22 Loan 64 2 Tutor Perini Portfolio California Various Industrial Various Various Various 1,344,162 SF 14.51
22.01 Property   1 11171 Cherry Avenue California 92337 Industrial Warehouse/Distribution 1985, 1990 NAP 1,294,645 SF  
22.02 Property   1 15901 Olden Street California 91342 Industrial Flex 1982 2002 49,517 SF  
23 Loan 65 1 Stockton Plaza California 95820 Retail Anchored 1964 1983-1986, 2018-2021 121,847 SF 151.50
24 Loan 66 1 931-955 Coney Island Avenue New York 11230 Mixed Use Multifamily/Retail/Office 1985, 2008 NAP 63,459 SF 283.65
25 Loan 67, 68 1 Centro Plaza Nebraska 68504 Retail Anchored 1986 2016 113,753 SF 117.89
26 Loan 69 1 BlueCross BlueShield Building Illinois 60643 Office CBD 2008 2020 129,029 SF 103.31
27 Loan 70 1 47-01 Queens Boulevard New York 11104 Office CBD 2001 NAP 35,000 SF 364.29
28 Loan 42, 71, 72, 73 1 Summit Orchards Missouri 64086 Retail Anchored 2020 NAP 83,060 SF 150.49
29 Loan   1 Redwood Waukee Iowa 50263 Multifamily Garden 2021 NAP 73 Units 162,876.71
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace Arizona 85021 Retail Anchored 1975-2002 NAP 94,056 SF 113.60
31 Loan 79, 80 1 800 Corporate Drive New Jersey 07430 Mixed Use Industrial/Office 1990 NAP 84,280 SF 125.71
32 Loan 81, 82 1 Staybridge Suites Bowling Green Kentucky 42101 Hospitality Extended Stay 2012 NAP 124 Rooms 82,661.29

A-1-3

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name State Zip Code General Property Type Detailed Property Type Year Built Year Renovated Number of Units Unit of Measure Loan Per Unit ($)
                           
33 Loan   1 360 George Patterson Boulevard Pennsylvania 19007 Office Suburban / Lab 1965 2020 49,534 SF 185.73
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West Georgia 30331 Hospitality Extended Stay 2020 NAP 85 Rooms 100,000.00
35 Loan   2 Peak & Perry Storage Portfolio Various Various Self Storage Self Storage Various Various 124,133 SF 67.96
35.01 Property   1 Peak Exit Storage South Carolina 29063 Self Storage Self Storage 1989 2018 75,621 SF  
35.02 Property   1 Perry Parkway Storage Georgia 31069 Self Storage Self Storage 2006 2016 48,512 SF  
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two New Jersey 07047 Industrial Warehouse 1900 2020 64,355 SF 126.25
37 Loan   1 Westlake Village Court Office California 91362 Office Suburban 1983 NAP 59,629 SF 130.81
38 Loan   1 Arrowhead Center North Dakota 58701 Mixed Use Office/Retail 1961 2011 81,474 SF 79.13
39 Loan   1 28 East 38th Street New York 10016 Multifamily Mid-Rise 1900 2014-2019 23 Units 278,260.87
40 Loan   1 Chenal Woods Apartments Arkansas 72223 Multifamily Garden 2008 2021 45 Units 140,444.44
41 Loan 90, 91 1 1822 Sunset Boulevard California 90026 Retail Anchored 1922 1975, 2005 14,658 SF 409.33
42 Loan   1 494 Jackson Avenue New York 10455 Multifamily Mid-Rise 2020 NAP 16 Units 343,750.00
43 Loan   1 Bay Oaks Apartments Florida 32504 Multifamily Garden 1979 2021 90 Units 60,833.33
44 Loan   1 5807 W 20th St Colorado 80634 Industrial Warehouse/Distribution 1980 2018 47,245 SF 102.74
45 Loan   1 Walgreens Maricopa Arizona 85139 Retail Single Tenant 2004 NAP 14,729 SF 278.36
46 Loan 92, 93 3 NNN Portfolio Various Various Retail Single Tenant 1999 NAP 37,642 SF 106.26
46.01 Property   1 Rite Aid - Wellington Ohio 44090 Retail Single Tenant 1999 NAP 11,404 SF  
46.02 Property   1 Dollar Tree - Monument Colorado 80132 Retail Single Tenant 1999 NAP 13,238 SF  
46.03 Property 94 1 Walgreens - Sylvania Georgia 30467 Retail Single Tenant 1999 NAP 13,000 SF  
47 Loan 95 1 Fayetteville Self Storage North Carolina 28301 Self Storage Self Storage/Warehouse 1987 NAP 94,331 SF 37.10

A-1-4

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Original Balance ($) Cut-off Date Balance ($) Maturity/ARD Balance ($) Interest Rate % Administrative Fee Rate % Net Mortgage Rate % Monthly Debt Service (P&I) ($) Monthly Debt Service (IO) ($) Annual Debt Service (P&I) ($) Annual Debt Service (IO) ($)
                  1   2   2  
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square 112,000,000 112,000,000 112,000,000 2.72466879% 0.01636% 2.70830879% NAP 257,834.40 NAP 3,094,012.80
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First 98,700,000 98,700,000 98,700,000 2.97000% 0.01911% 2.95089% NAP 247,675.31 NAP 2,972,103.72
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe 88,500,000 88,500,000 88,500,000 2.84000% 0.01136% 2.82864% NAP 212,359.03 NAP 2,548,308.36
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington 80,000,000 80,000,000 80,000,000 3.45000% 0.01136% 3.43864% NAP 233,194.44 NAP 2,798,333.28
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain 64,000,000 64,000,000 64,000,000 3.09400% 0.01261% 3.08139% NAP 167,305.19 NAP 2,007,662.28
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 41,570,000 41,570,000 36,138,167 3.09000% 0.01136% 3.07864% 177,285.01 108,529.45 2,127,420.12 1,302,353.40
6.01 Property   1 Kohl’s Shelby 7,500,000 7,500,000 6,519,997              
6.02 Property 41 1 Pick N’ Save Eagle River 5,200,000 5,200,000 4,520,531              
6.03 Property   1 Walgreens Chicopee 4,550,000 4,550,000 3,955,465              
6.04 Property   1 Walgreens Oakland 3,700,000 3,700,000 3,216,532              
6.05 Property   1 Walgreens Siler City 3,525,000 3,525,000 3,064,398              
6.06 Property   1 Fresenius Chicago 3,145,000 3,145,000 2,734,052              
6.07 Property   1 Walgreens Potsdam 2,750,000 2,750,000 2,390,665              
6.08 Property   1 Outback Mesa 2,500,000 2,500,000 2,173,332              
6.09 Property   1 Outback Tucson 2,325,000 2,325,000 2,021,199              
6.10 Property   1 BMO Harris Watertown 2,050,000 2,050,000 1,782,132              
6.11 Property   1 Pick N’ Save Columbus 1,500,000 1,500,000 1,303,999              
6.12 Property   1 BMO Harris Merrill 1,425,000 1,425,000 1,238,799              
6.13 Property 41 1 Tractor Supply Eagle River 1,400,000 1,400,000 1,217,066              
7 Loan 20, 42 1 Epic West Towne Crossing 40,820,000 40,820,000 40,820,000 3.25000% 0.01136% 3.23864% NAP 112,089.64 NAP 1,345,075.68
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix 30,100,000 30,045,632 21,744,017 4.09000% 0.01136% 4.07864% 160,378.49 NAP 1,924,541.88 NAP
9 Loan 9, 49 1 College Point 30,000,000 30,000,000 30,000,000 3.56600% 0.01136% 3.55464% NAP 90,388.19 NAP 1,084,658.28
10 Loan 50 1 Independence Lofts 29,000,000 29,000,000 22,662,861 3.56000% 0.01136% 3.54864% 131,196.18 NAP 1,574,354.16 NAP
11 Loan 51 1 McCullough Commons 28,500,000 28,500,000 26,882,341 3.63000% 0.04011% 3.58989% 130,054.84 87,409.90 1,560,658.08 1,048,918.80
12 Loan 52 1 524 Courtlandt 27,700,000 27,700,000 27,700,000 4.12000% 0.01136% 4.10864% NAP 96,424.21 NAP 1,157,090.52
13 Loan 53 1 Falls of Deer Park Apartments 27,000,000 27,000,000 21,242,383 3.74000% 0.01136% 3.72864% 124,888.05 NAP 1,498,656.60 NAP
14 Loan 54, 55 1 175 East 62nd Street Leased Fee 25,000,000 25,000,000 25,000,000 2.29500% 0.01136% 2.28364% NAP 48,476.56 NAP 581,718.72
15 Loan 56, 57 1 Celeros Houston 23,885,000 23,885,000 21,544,584 3.65000% 0.01136% 3.63864% 109,264.22 73,659.24 1,311,170.64 883,910.88
16 Loan   2 Greene Plaza and Chippewa Center 23,000,000 23,000,000 18,135,524 3.80000% 0.01136% 3.78864% 107,170.19 NAP 1,286,042.28 NAP
16.01 Property   1 Chippewa Center 13,908,555 13,908,555 10,966,910              
16.02 Property   1 Greene Plaza 9,091,445 9,091,445 7,168,614              
17 Loan 20, 42 1 Midlothian Towne Crossing 21,827,000 21,827,000 21,827,000 3.50000% 0.01136% 3.48864% NAP 64,546.28 NAP 774,555.36
18 Loan 58, 59 3 Paragon Films Sale-Leaseback 21,790,000 21,790,000 21,790,000 3.45000% 0.01136% 3.43864% NAP 63,516.34 NAP 762,196.08
18.01 Property   1 255W. Baab Industrial Park Drive 8,250,000 8,250,000 8,250,000              
18.02 Property   1 915 Rose Street 6,810,000 6,810,000 6,810,000              
18.03 Property   1 3500 West Tacoma Street 6,730,000 6,730,000 6,730,000              
19 Loan 60, 61, 62 1 The Village Lofts 21,500,000 21,500,000 21,500,000 4.00000% 0.04136% 3.95864% NAP 72,662.04 NAP 871,944.48
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 20,035,000 20,035,000 20,035,000 3.16500% 0.01136% 3.15364% NAP 53,576.23 NAP 642,914.76
20.01 Property   1 Food4Less - Chicago Heights 2,172,393 2,172,393 2,172,393              
20.02 Property   1 Walgreens - Bridgeview 1,980,711 1,980,711 1,980,711              
20.03 Property   1 Walgreens - Alton 1,639,944 1,639,944 1,639,944              
20.04 Property   1 Walgreens - Alexandria 1,512,156 1,512,156 1,512,156              
20.05 Property   1 First Midwest Bank - DeKalb 1,179,908 1,179,908 1,179,908              
20.06 Property   1 First Midwest Bank - Schaumburg 1,128,792 1,128,792 1,128,792              
20.07 Property   1 Walgreens - Oklahoma City 988,226 988,226 988,226              
20.08 Property   1 CVS - Zanesville 979,707 979,707 979,707              
20.09 Property   1 CVS Pharmacy - Hagerstown 954,149 954,149 954,149              
20.10 Property   1 Fresenius Medical Care - Lawrenceville 937,111 937,111 937,111              
20.11 Property   1 First Midwest Bank - Joliet 937,111 937,111 937,111              
20.12 Property   1 Memorial Health System - Decatur 937,111 937,111 937,111              
20.13 Property   1 CVS - Decatur 913,683 913,683 913,683              
20.14 Property   1 Verizon - Beloit 653,848 653,848 653,848              
20.15 Property   1 Dollar Tree - Grimes 511,151 511,151 511,151              
20.16 Property   1 Dollar General - Belle Chasse 449,387 449,387 449,387              
20.17 Property   1 Sherwin Williams - Urbana 449,387 449,387 449,387              
20.18 Property   1 Dollar General - Camden 449,387 449,387 449,387              
20.19 Property   1 Dollar General - Thibodaux 430,219 430,219 430,219              
20.20 Property   1 Dollar General - Houma 425,959 425,959 425,959              
20.21 Property   1 Dollar General - South Bend 404,661 404,661 404,661              
21 Loan   5 Veit Self Storage Portfolio 20,000,000 20,000,000 20,000,000 2.95000% 0.01136% 2.93864% NAP 49,849.54 NAP 598,194.48
21.01 Property   1 Prime Storage of Williamsburg 6,275,000 6,275,000 6,275,000              
21.02 Property   1 Easy Does It 5,100,000 5,100,000 5,100,000              
21.03 Property   1 Williamsburg Storage 3,085,000 3,085,000 3,085,000              
21.04 Property   1 EZ Storage 2,900,000 2,900,000 2,900,000              
21.05 Property   1 Climatrol Self Storage 2,640,000 2,640,000 2,640,000              
22 Loan 64 2 Tutor Perini Portfolio 19,500,000 19,500,000 19,500,000 3.81500% 0.01136% 3.80364% NAP 62,854.77 NAP 754,257.24
22.01 Property   1 11171 Cherry Avenue 15,950,063 15,950,063 15,950,063              
22.02 Property   1 15901 Olden Street 3,549,937 3,549,937 3,549,937              
23 Loan 65 1 Stockton Plaza 18,460,000 18,460,000 18,460,000 3.28000% 0.01136% 3.26864% NAP 51,158.13 NAP 613,897.56
24 Loan 66 1 931-955 Coney Island Avenue 18,000,000 18,000,000 18,000,000 3.63000% 0.01136% 3.61864% NAP 55,206.25 NAP 662,475.00
25 Loan 67, 68 1 Centro Plaza 13,410,000 13,410,000 10,708,646 4.15000% 0.01136% 4.13864% 65,186.46 NAP 782,237.52 NAP
26 Loan 69 1 BlueCross BlueShield Building 13,330,000 13,330,000 13,330,000 3.50000% 0.01136% 3.48864% NAP 39,419.16 NAP 473,029.92
27 Loan 70 1 47-01 Queens Boulevard 12,750,000 12,750,000 12,750,000 3.20000% 0.01136% 3.18864% NAP 34,472.22 NAP 413,666.64
28 Loan 42, 71, 72, 73 1 Summit Orchards 12,500,000 12,500,000 12,500,000 3.44000% 0.01136% 3.42864% NAP 36,331.02 NAP 435,972.24
29 Loan   1 Redwood Waukee 11,890,000 11,890,000 11,890,000 3.39000% 0.01136% 3.37864% NAP 34,055.77 NAP 408,669.24
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace 10,700,000 10,684,362 8,359,048 3.55000% 0.01136% 3.53864% 48,346.92 NAP 580,163.04 NAP
31 Loan 79, 80 1 800 Corporate Drive 10,595,000 10,595,000 9,553,614 3.63000% 0.01136% 3.61864% 48,348.46 32,495.01 580,181.52 389,940.12
32 Loan 81, 82 1 Staybridge Suites Bowling Green 10,250,000 10,250,000 8,406,858 4.05000% 0.01136% 4.03864% 49,230.99 35,074.22 590,771.88 420,890.64

A-1-5

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Original Balance ($) Cut-off Date Balance ($) Maturity/ARD Balance ($) Interest Rate % Administrative Fee Rate % Net Mortgage Rate % Monthly Debt Service (P&I) ($) Monthly Debt Service (IO) ($) Annual Debt Service (P&I) ($) Annual Debt Service (IO) ($)
                  1   2   2  
33 Loan   1 360 George Patterson Boulevard 9,200,000 9,200,000 9,200,000 3.57000% 0.01136% 3.55864% NAP 27,750.14 NAP 333,001.68
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West 8,500,000 8,500,000 6,811,805 4.25000% 0.01136% 4.23864% 41,814.89 NAP 501,778.68 NAP
35 Loan   2 Peak & Perry Storage Portfolio 8,435,906 8,435,906 7,258,501 3.79000% 0.01136% 3.77864% 39,259.72 27,013.45 471,116.64 324,161.40
35.01 Property   1 Peak Exit Storage 4,633,146 4,633,146 3,986,495              
35.02 Property   1 Perry Parkway Storage 3,802,760 3,802,760 3,272,006              
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two 8,125,000 8,125,000 8,125,000 4.03000% 0.01136% 4.01864% NAP 27,665.44 NAP 331,985.28
37 Loan   1 Westlake Village Court Office 7,800,000 7,800,000 7,800,000 3.42000% 0.01136% 3.40864% NAP 22,538.75 NAP 270,465.00
38 Loan   1 Arrowhead Center 6,460,000 6,447,024 4,548,646 3.45000% 0.01136% 3.43864% 32,167.31 NAP 386,007.72 NAP
39 Loan   1 28 East 38th Street 6,400,000 6,400,000 6,400,000 3.45000% 0.01136% 3.43864% NAP 18,655.56 NAP 223,866.72
40 Loan   1 Chenal Woods Apartments 6,320,000 6,320,000 6,320,000 3.30000% 0.06011% 3.23989% NAP 17,621.39 NAP 211,456.68
41 Loan 90, 91 1 1822 Sunset Boulevard 6,000,000 6,000,000 6,000,000 4.35000% 0.01136% 4.33864% NAP 22,052.08 NAP 264,624.96
42 Loan   1 494 Jackson Avenue 5,500,000 5,500,000 5,500,000 3.51000% 0.01136% 3.49864% NAP 16,310.94 NAP 195,731.28
43 Loan   1 Bay Oaks Apartments 5,475,000 5,475,000 5,475,000 3.30000% 0.06011% 3.23989% NAP 15,265.36 NAP 183,184.32
44 Loan   1 5807 W 20th St 4,854,000 4,854,000 4,854,000 3.70000% 0.01136% 3.68864% NAP 15,174.37 NAP 182,092.44
45 Loan   1 Walgreens Maricopa 4,100,000 4,100,000 4,100,000 3.64000% 0.01136% 3.62864% NAP 12,609.40 NAP 151,312.80
46 Loan 92, 93 3 NNN Portfolio 4,000,000 4,000,000 3,110,525 3.43000% 0.01136% 3.41864% 17,805.85 NAP 213,670.20 NAP
46.01 Property   1 Rite Aid - Wellington 1,647,059 1,647,059 1,280,804              
46.02 Property   1 Dollar Tree - Monument 1,387,632 1,387,632 1,079,066              
46.03 Property 94 1 Walgreens - Sylvania 965,309 965,309 750,654              
47 Loan 95 1 Fayetteville Self Storage 3,500,000 3,500,000 2,829,502 4.50000% 0.01136% 4.48864% 17,733.99 NAP 212,807.88 NAP

A-1-6

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Amortization Type ARD Loan (Yes / No) Interest Accrual Method Original Interest-Only Period (Mos.) Remaining Interest-Only Period (Mos.) Original Term To Maturity / ARD (Mos.) Remaining Term To Maturity / ARD (Mos.) Original Amortization Term (Mos.) Remaining Amortization Term (Mos.) Origination Date
                             
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square Interest Only No Actual/360 84 83 84 83 0 0 7/9/2021
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First Interest Only - ARD Yes Actual/360 120 119 120 119 0 0 7/30/2021
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe Interest Only No Actual/360 120 119 120 119 0 0 7/16/2021
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington Interest Only No Actual/360 120 119 120 119 0 0 7/20/2021
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain Interest Only No Actual/360 120 118 120 118 0 0 6/16/2021
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 Interest Only, Amortizing Balloon No Actual/360 12 12 84 84 360 360 8/31/2021
6.01 Property   1 Kohl’s Shelby                    
6.02 Property 41 1 Pick N’ Save Eagle River                    
6.03 Property   1 Walgreens Chicopee                    
6.04 Property   1 Walgreens Oakland                    
6.05 Property   1 Walgreens Siler City                    
6.06 Property   1 Fresenius Chicago                    
6.07 Property   1 Walgreens Potsdam                    
6.08 Property   1 Outback Mesa                    
6.09 Property   1 Outback Tucson                    
6.10 Property   1 BMO Harris Watertown                    
6.11 Property   1 Pick N’ Save Columbus                    
6.12 Property   1 BMO Harris Merrill                    
6.13 Property 41 1 Tractor Supply Eagle River                    
7 Loan 20, 42 1 Epic West Towne Crossing Interest Only No Actual/360 121 121 121 121 0 0 9/2/2021
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix Amortizing Balloon No Actual/360 0 0 120 119 300 299 7/28/2021
9 Loan 9, 49 1 College Point Interest Only No Actual/360 120 118 120 118 0 0 6/15/2021
10 Loan 50 1 Independence Lofts Amortizing Balloon No Actual/360 0 0 120 120 360 360 8/18/2021
11 Loan 51 1 McCullough Commons Interest Only, Amortizing Balloon No Actual/360 24 24 60 60 360 360 8/19/2021
12 Loan 52 1 524 Courtlandt Interest Only No Actual/360 60 60 60 60 0 0 8/12/2021
13 Loan 53 1 Falls of Deer Park Apartments Amortizing Balloon No Actual/360 0 0 120 120 360 360 8/27/2021
14 Loan 54, 55 1 175 East 62nd Street Leased Fee Interest Only - ARD Yes Actual/360 120 120 120 120 0 0 9/1/2021
15 Loan 56, 57 1 Celeros Houston Interest Only, Amortizing Balloon No Actual/360 60 60 120 120 360 360 9/2/2021
16 Loan   2 Greene Plaza and Chippewa Center Amortizing Balloon No Actual/360 0 0 120 120 360 360 8/3/2021
16.01 Property   1 Chippewa Center                    
16.02 Property   1 Greene Plaza                    
17 Loan 20, 42 1 Midlothian Towne Crossing Interest Only No Actual/360 121 121 121 121 0 0 9/2/2021
18 Loan 58, 59 3 Paragon Films Sale-Leaseback Interest Only No Actual/360 120 119 120 119 0 0 7/21/2021
18.01 Property   1 255W. Baab Industrial Park Drive                    
18.02 Property   1 915 Rose Street                    
18.03 Property   1 3500 West Tacoma Street                    
19 Loan 60, 61, 62 1 The Village Lofts Interest Only No Actual/360 84 84 84 84 0 0 9/1/2021
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 Interest Only No Actual/360 120 118 120 118 0 0 6/30/2021
20.01 Property   1 Food4Less - Chicago Heights                    
20.02 Property   1 Walgreens - Bridgeview                    
20.03 Property   1 Walgreens - Alton                    
20.04 Property   1 Walgreens - Alexandria                    
20.05 Property   1 First Midwest Bank - DeKalb                    
20.06 Property   1 First Midwest Bank - Schaumburg                    
20.07 Property   1 Walgreens - Oklahoma City                    
20.08 Property   1 CVS - Zanesville                    
20.09 Property   1 CVS Pharmacy - Hagerstown                    
20.10 Property   1 Fresenius Medical Care - Lawrenceville                    
20.11 Property   1 First Midwest Bank - Joliet                    
20.12 Property   1 Memorial Health System - Decatur                    
20.13 Property   1 CVS - Decatur                    
20.14 Property   1 Verizon - Beloit                    
20.15 Property   1 Dollar Tree - Grimes                    
20.16 Property   1 Dollar General - Belle Chasse                    
20.17 Property   1 Sherwin Williams - Urbana                    
20.18 Property   1 Dollar General - Camden                    
20.19 Property   1 Dollar General - Thibodaux                    
20.20 Property   1 Dollar General - Houma                    
20.21 Property   1 Dollar General - South Bend                    
21 Loan   5 Veit Self Storage Portfolio Interest Only No Actual/360 120 120 120 120 0 0 8/19/2021
21.01 Property   1 Prime Storage of Williamsburg                    
21.02 Property   1 Easy Does It                    
21.03 Property   1 Williamsburg Storage                    
21.04 Property   1 EZ Storage                    
21.05 Property   1 Climatrol Self Storage                    
22 Loan 64 2 Tutor Perini Portfolio Interest Only No Actual/360 60 60 60 60 0 0 8/12/2021
22.01 Property   1 11171 Cherry Avenue                    
22.02 Property   1 15901 Olden Street                    
23 Loan 65 1 Stockton Plaza Interest Only No Actual/360 120 120 120 120 0 0 9/2/2021
24 Loan 66 1 931-955 Coney Island Avenue Interest Only No Actual/360 120 120 120 120 0 0 9/1/2021
25 Loan 67, 68 1 Centro Plaza Amortizing Balloon No Actual/360 0 0 120 120 360 360 8/23/2021
26 Loan 69 1 BlueCross BlueShield Building Interest Only No Actual/360 120 119 120 119 0 0 7/29/2021
27 Loan 70 1 47-01 Queens Boulevard Interest Only No Actual/360 120 120 120 120 0 0 8/12/2021
28 Loan 42, 71, 72, 73 1 Summit Orchards Interest Only No Actual/360 121 121 121 121 0 0 9/2/2021
29 Loan   1 Redwood Waukee Interest Only No Actual/360 120 119 120 119 0 0 8/5/2021
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace Amortizing Balloon No Actual/360 0 0 120 119 360 359 8/6/2021
31 Loan 79, 80 1 800 Corporate Drive Interest Only, Amortizing Balloon No Actual/360 60 59 120 119 360 360 7/23/2021
32 Loan 81, 82 1 Staybridge Suites Bowling Green Interest Only, Amortizing Balloon No Actual/360 12 11 120 119 360 360 7/30/2021

A-1-7

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Amortization Type ARD Loan (Yes / No) Interest Accrual Method Original Interest-Only Period (Mos.) Remaining Interest-Only Period (Mos.) Original Term To Maturity / ARD (Mos.) Remaining Term To Maturity / ARD (Mos.) Original Amortization Term (Mos.) Remaining Amortization Term (Mos.) Origination Date
                             
33 Loan   1 360 George Patterson Boulevard Interest Only No Actual/360 84 84 84 84 0 0 8/20/2021
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West Amortizing Balloon No Actual/360 0 0 120 120 360 360 8/26/2021
35 Loan   2 Peak & Perry Storage Portfolio Interest Only, Amortizing Balloon No Actual/360 36 36 120 120 360 360 8/11/2021
35.01 Property   1 Peak Exit Storage                    
35.02 Property   1 Perry Parkway Storage                    
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two Interest Only No Actual/360 60 60 60 60 0 0 8/13/2021
37 Loan   1 Westlake Village Court Office Interest Only No Actual/360 84 84 84 84 0 0 8/24/2021
38 Loan   1 Arrowhead Center Amortizing Balloon No Actual/360 0 0 120 119 300 299 7/30/2021
39 Loan   1 28 East 38th Street Interest Only No Actual/360 120 120 120 120 0 0 8/24/2021
40 Loan   1 Chenal Woods Apartments Interest Only No Actual/360 120 120 120 120 0 0 8/9/2021
41 Loan 90, 91 1 1822 Sunset Boulevard Interest Only No Actual/360 120 102 120 102 0 0 2/19/2020
42 Loan   1 494 Jackson Avenue Interest Only No Actual/360 120 120 120 120 0 0 8/31/2021
43 Loan   1 Bay Oaks Apartments Interest Only No Actual/360 120 120 120 120 0 0 8/24/2021
44 Loan   1 5807 W 20th St Interest Only No Actual/360 120 119 120 119 0 0 7/30/2021
45 Loan   1 Walgreens Maricopa Interest Only No Actual/360 120 120 120 120 0 0 8/27/2021
46 Loan 92, 93 3 NNN Portfolio Amortizing Balloon No Actual/360 0 0 120 120 360 360 8/31/2021
46.01 Property   1 Rite Aid - Wellington                    
46.02 Property   1 Dollar Tree - Monument                    
46.03 Property 94 1 Walgreens - Sylvania                    
47 Loan 95 1 Fayetteville Self Storage Amortizing Balloon No Actual/360 1 1 121 121 360 360 9/7/2021

A-1-8

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Seasoning (Mos.) Payment Due Date First Payment Date First P&I Payment Date Maturity Date or Anticipated Repayment Date Final Maturity Date Grace Period - Late Fee (Days) Grace Period - Default (Days) Prepayment Provision Most Recent EGI ($)
                          3  
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square 1 6 9/6/2021 NAP 8/6/2028 NAP 0 0 YM(25),DorYM(53),O(6) 66,971,660
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First 1 1 9/1/2021 NAP 8/1/2031 11/1/2034 0 0 L(24),YM1(89),O(7) 32,476,138
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe 1 6 9/6/2021 NAP 8/6/2031 NAP 0 0 L(25),D(88),O(7) 7,604,935
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington 1 6 9/6/2021 NAP 8/6/2031 NAP 0 0 L(25),D(91),O(4) NAV
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain 2 1 8/1/2021 NAP 7/1/2031 NAP 0 0 L(26),D(87),O(7) 37,016,924
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 0 6 10/6/2021 10/6/2022 9/6/2028 NAP 0 0 L(24),YM1(56),O(4) NAV
6.01 Property   1 Kohl’s Shelby                   NAV
6.02 Property 41 1 Pick N’ Save Eagle River                   NAV
6.03 Property   1 Walgreens Chicopee                   NAV
6.04 Property   1 Walgreens Oakland                   NAV
6.05 Property   1 Walgreens Siler City                   NAV
6.06 Property   1 Fresenius Chicago                   NAV
6.07 Property   1 Walgreens Potsdam                   NAV
6.08 Property   1 Outback Mesa                   NAV
6.09 Property   1 Outback Tucson                   NAV
6.10 Property   1 BMO Harris Watertown                   NAV
6.11 Property   1 Pick N’ Save Columbus                   NAV
6.12 Property   1 BMO Harris Merrill                   NAV
6.13 Property 41 1 Tractor Supply Eagle River                   NAV
7 Loan 20, 42 1 Epic West Towne Crossing 0 1 10/1/2021 NAP 10/1/2031 NAP 0 0 L(24),D(94),O(3) 5,393,980
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix 1 6 9/6/2021 9/6/2021 8/6/2031 NAP 0 0 L(25),D(91),O(4) NAV
9 Loan 9, 49 1 College Point 2 6 8/6/2021 NAP 7/6/2031 NAP 0 0 L(26),D(90),O(4) 9,166,210
10 Loan 50 1 Independence Lofts 0 6 10/6/2021 10/6/2021 9/6/2031 NAP 0 0 L(24),D(92),O(4) 2,654,517
11 Loan 51 1 McCullough Commons 0 6 10/6/2021 10/6/2023 9/6/2026 NAP 0 0 L(24),D(30),O(6) 4,154,172
12 Loan 52 1 524 Courtlandt 0 6 10/6/2021 NAP 9/6/2026 NAP 0 0 L(24),D(33),O(3) NAV
13 Loan 53 1 Falls of Deer Park Apartments 0 6 10/6/2021 10/6/2021 9/6/2031 NAP 0 0 L(24),D(92),O(4) 4,391,382
14 Loan 54, 55 1 175 East 62nd Street Leased Fee 0 6 10/6/2021 NAP 9/6/2031 9/6/2033 0 0 L(24),YM1(92),O(4) NAV
15 Loan 56, 57 1 Celeros Houston 0 6 10/6/2021 10/6/2026 9/6/2031 NAP 0 0 YM4(24),DorYM1(89),O(7) NAV
16 Loan   2 Greene Plaza and Chippewa Center 0 1 10/1/2021 10/1/2021 9/1/2031 NAP 0 0 L(24),D(92),O(4) 3,423,082
16.01 Property   1 Chippewa Center                   NAV
16.02 Property   1 Greene Plaza                   NAV
17 Loan 20, 42 1 Midlothian Towne Crossing 0 1 10/1/2021 NAP 10/1/2031 NAP 0 0 L(24),D(94),O(3) 3,302,473
18 Loan 58, 59 3 Paragon Films Sale-Leaseback 1 6 9/6/2021 NAP 8/6/2031 NAP 0 0 L(25),DorYM1(91),O(4) NAV
18.01 Property   1 255W. Baab Industrial Park Drive                   NAV
18.02 Property   1 915 Rose Street                   NAV
18.03 Property   1 3500 West Tacoma Street                   NAV
19 Loan 60, 61, 62 1 The Village Lofts 0 1 10/1/2021 NAP 9/1/2028 NAP 0 0 L(24),D(56),O(4) 2,534,052
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 2 1 8/1/2021 NAP 7/1/2031 NAP 0 0 L(26),D(90),O(4) NAV
20.01 Property   1 Food4Less - Chicago Heights                   NAV
20.02 Property   1 Walgreens - Bridgeview                   NAV
20.03 Property   1 Walgreens - Alton                   NAV
20.04 Property   1 Walgreens - Alexandria                   NAV
20.05 Property   1 First Midwest Bank - DeKalb                   NAV
20.06 Property   1 First Midwest Bank - Schaumburg                   NAV
20.07 Property   1 Walgreens - Oklahoma City                   NAV
20.08 Property   1 CVS - Zanesville                   NAV
20.09 Property   1 CVS Pharmacy - Hagerstown                   NAV
20.10 Property   1 Fresenius Medical Care - Lawrenceville                   NAV
20.11 Property   1 First Midwest Bank - Joliet                   NAV
20.12 Property   1 Memorial Health System - Decatur                   NAV
20.13 Property   1 CVS - Decatur                   NAV
20.14 Property   1 Verizon - Beloit                   NAV
20.15 Property   1 Dollar Tree - Grimes                   NAV
20.16 Property   1 Dollar General - Belle Chasse                   NAV
20.17 Property   1 Sherwin Williams - Urbana                   NAV
20.18 Property   1 Dollar General - Camden                   NAV
20.19 Property   1 Dollar General - Thibodaux                   NAV
20.20 Property   1 Dollar General - Houma                   NAV
20.21 Property   1 Dollar General - South Bend                   NAV
21 Loan   5 Veit Self Storage Portfolio 0 6 10/6/2021 NAP 9/6/2031 NAP 0 0 L(24),D(92),O(4) 3,321,416
21.01 Property   1 Prime Storage of Williamsburg                   905,684
21.02 Property   1 Easy Does It                   848,048
21.03 Property   1 Williamsburg Storage                   494,168
21.04 Property   1 EZ Storage                   507,427
21.05 Property   1 Climatrol Self Storage                   566,089
22 Loan 64 2 Tutor Perini Portfolio 0 1 10/1/2021 NAP 9/1/2026 NAP 0 0 L(24),D(30),O(6) 3,450,771
22.01 Property   1 11171 Cherry Avenue                   NAV
22.02 Property   1 15901 Olden Street                   NAV
23 Loan 65 1 Stockton Plaza 0 11 10/11/2021 NAP 9/11/2031 NAP 0 0 L(24),D(92),O(4) 2,060,077
24 Loan 66 1 931-955 Coney Island Avenue 0 6 10/6/2021 NAP 9/6/2031 NAP 0 0 L(24),D(92),O(4) 1,897,506
25 Loan 67, 68 1 Centro Plaza 0 6 10/6/2021 10/6/2021 9/6/2031 NAP 0 0 L(24),D(92),O(4) 1,817,606
26 Loan 69 1 BlueCross BlueShield Building 1 1 9/1/2021 NAP 8/1/2031 NAP 0 0 L(25),YM1(91),O(4) NAV
27 Loan 70 1 47-01 Queens Boulevard 0 6 10/6/2021 NAP 9/6/2031 NAP 0 0 L(24),D(91),O(5) 1,967,849
28 Loan 42, 71, 72, 73 1 Summit Orchards 0 1 10/1/2021 NAP 10/1/2031 NAP 5 5 L(24),D(91),O(6) NAV
29 Loan   1 Redwood Waukee 1 6 9/6/2021 NAP 8/6/2031 NAP 0 0 L(25),D(91),O(4) NAV
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace 1 6 9/6/2021 9/6/2021 8/6/2031 NAP 0 0 L(25),YM1(91),O(4) 1,502,003
31 Loan 79, 80 1 800 Corporate Drive 1 6 9/6/2021 9/6/2026 8/6/2031 NAP 0 0 L(25),D(90),O(5) 1,438,906
32 Loan 81, 82 1 Staybridge Suites Bowling Green 1 6 9/6/2021 9/6/2022 8/6/2031 NAP 0 0 L(25),D(91),O(4) 3,003,400

A-1-9

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Seasoning (Mos.) Payment Due Date First Payment Date First P&I Payment Date Maturity Date or Anticipated Repayment Date Final Maturity Date Grace Period - Late Fee (Days) Grace Period - Default (Days) Prepayment Provision Most Recent EGI ($)
                          3  
33 Loan   1 360 George Patterson Boulevard 0 6 10/6/2021 NAP 9/6/2028 NAP 0 0 L(23),YM1(1),DorYM1(55),O(5) NAV
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West 0 1 10/1/2021 10/1/2021 9/1/2031 NAP 0 0 L(24),D(93),O(3) 2,037,153
35 Loan   2 Peak & Perry Storage Portfolio 0 6 10/6/2021 10/6/2024 9/6/2031 NAP 0 0 L(24),D(92),O(4) 1,072,663
35.01 Property   1 Peak Exit Storage                   620,378
35.02 Property   1 Perry Parkway Storage                   452,285
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two 0 6 10/6/2021 NAP 9/6/2026 NAP 0 0 L(24),D(33),O(3) 435,366
37 Loan   1 Westlake Village Court Office 0 6 10/6/2021 NAP 9/6/2028 NAP 0 0 L(24),D(55),O(5) 1,399,600
38 Loan   1 Arrowhead Center 1 6 9/6/2021 9/6/2021 8/6/2031 NAP 0 0 L(25),D(92),O(3) 1,314,944
39 Loan   1 28 East 38th Street 0 6 10/6/2021 NAP 9/6/2031 NAP 0 0 L(24),D(92),O(4) 678,453
40 Loan   1 Chenal Woods Apartments 0 6 10/6/2021 NAP 9/6/2031 NAP 0 0 L(24),D(92),O(4) 1,070,014
41 Loan 90, 91 1 1822 Sunset Boulevard 18 6 4/6/2020 NAP 3/6/2030 NAP 0 0 L(35),D(80),O(5) 698,658
42 Loan   1 494 Jackson Avenue 0 6 10/6/2021 NAP 9/6/2031 NAP 0 0 L(24),D(93),O(3) NAV
43 Loan   1 Bay Oaks Apartments 0 6 10/6/2021 NAP 9/6/2031 NAP 0 0 L(24),D(92),O(4) 941,382
44 Loan   1 5807 W 20th St 1 6 9/6/2021 NAP 8/6/2031 NAP 0 0 L(25),D(91),O(4) NAV
45 Loan   1 Walgreens Maricopa 0 6 10/6/2021 NAP 9/6/2031 NAP 0 0 L(24),D(93),O(3) NAV
46 Loan 92, 93 3 NNN Portfolio 0 6 10/6/2021 10/6/2021 9/6/2031 NAP 0 0 L(24),D(92),O(4) NAV
46.01 Property   1 Rite Aid - Wellington                   NAV
46.02 Property   1 Dollar Tree - Monument                   NAV
46.03 Property 94 1 Walgreens - Sylvania                   NAV
47 Loan 95 1 Fayetteville Self Storage 0 6 10/6/2021 11/6/2021 10/6/2031 NAP 0 0 L(24),D(94),O(3) 439,814

A-1-10

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Most Recent Expenses ($) Most Recent NOI ($) Most Recent NOI Date Most Recent Description Second Most Recent EGI ($) Second Most Recent Expenses ($) Second Most Recent NOI ($) Second Most Recent NOI Date Second Most Recent Description Third Most Recent EGI ($)
                             
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square 15,563,367 51,408,293 4/30/2021 T-12 61,913,927 14,956,452 46,957,475 12/31/2020 T-12 39,444,461
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First 9,017,253 23,458,885 12/31/2020 T-12 24,344,378 5,373,234 18,971,144 12/31/2019 T-12 NAV
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe 1,165,972 6,438,963 4/30/2021 T-12 5,345,785 935,098 4,410,687 12/31/2020 T-12 NAV
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain 11,245,945 25,770,979 4/30/2021 T-12 36,475,250 11,547,946 24,927,304 12/31/2020 T-12 48,190,523
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
6.01 Property   1 Kohl’s Shelby NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
6.02 Property 41 1 Pick N’ Save Eagle River NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
6.03 Property   1 Walgreens Chicopee NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
6.04 Property   1 Walgreens Oakland NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
6.05 Property   1 Walgreens Siler City NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
6.06 Property   1 Fresenius Chicago NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
6.07 Property   1 Walgreens Potsdam NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
6.08 Property   1 Outback Mesa NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
6.09 Property   1 Outback Tucson NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
6.10 Property   1 BMO Harris Watertown NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
6.11 Property   1 Pick N’ Save Columbus NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
6.12 Property   1 BMO Harris Merrill NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
6.13 Property 41 1 Tractor Supply Eagle River NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
7 Loan 20, 42 1 Epic West Towne Crossing 1,714,161 3,679,819 7/31/2021 T-12 4,991,453 1,709,393 3,282,060 12/31/2020 T-12 2,543,769
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9 Loan 9, 49 1 College Point 3,525,049 5,641,161 3/31/2021 T-12 8,973,555 3,288,353 5,685,202 12/31/2020 T-12 8,907,143
10 Loan 50 1 Independence Lofts 495,947 2,158,570 4/30/2021 T-12 2,360,506 443,776 1,916,730 12/31/2020 T-12 NAV
11 Loan 51 1 McCullough Commons 1,265,495 2,888,677 6/30/2021 T-12 3,819,566 1,224,226 2,595,340 12/31/2020 T-12 3,883,477
12 Loan 52 1 524 Courtlandt NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
13 Loan 53 1 Falls of Deer Park Apartments 1,895,668 2,495,714 6/30/2021 T-12 4,010,599 1,822,335 2,188,264 12/31/2020 T-12 3,947,914
14 Loan 54, 55 1 175 East 62nd Street Leased Fee NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
15 Loan 56, 57 1 Celeros Houston NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
16 Loan   2 Greene Plaza and Chippewa Center 863,017 2,560,065 12/31/2020 T-12 NAV NAV NAV NAV NAV NAV
16.01 Property   1 Chippewa Center NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
16.02 Property   1 Greene Plaza NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
17 Loan 20, 42 1 Midlothian Towne Crossing 1,381,703 1,920,771 7/31/2021 T-12 3,117,523 1,214,674 1,902,849 12/31/2020 T-12 2,699,185
18 Loan 58, 59 3 Paragon Films Sale-Leaseback NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
18.01 Property   1 255W. Baab Industrial Park Drive NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
18.02 Property   1 915 Rose Street NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
18.03 Property   1 3500 West Tacoma Street NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
19 Loan 60, 61, 62 1 The Village Lofts 598,782 1,935,270 6/30/2021 T-3 NAV NAV NAV NAV NAV NAV
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.01 Property   1 Food4Less - Chicago Heights NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.02 Property   1 Walgreens - Bridgeview NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.03 Property   1 Walgreens - Alton NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.04 Property   1 Walgreens - Alexandria NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.05 Property   1 First Midwest Bank - DeKalb NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.06 Property   1 First Midwest Bank - Schaumburg NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.07 Property   1 Walgreens - Oklahoma City NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.08 Property   1 CVS - Zanesville NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.09 Property   1 CVS Pharmacy - Hagerstown NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.10 Property   1 Fresenius Medical Care - Lawrenceville NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.11 Property   1 First Midwest Bank - Joliet NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.12 Property   1 Memorial Health System - Decatur NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.13 Property   1 CVS - Decatur NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.14 Property   1 Verizon - Beloit NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.15 Property   1 Dollar Tree - Grimes NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.16 Property   1 Dollar General - Belle Chasse NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.17 Property   1 Sherwin Williams - Urbana NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.18 Property   1 Dollar General - Camden NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.19 Property   1 Dollar General - Thibodaux NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.20 Property   1 Dollar General - Houma NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
20.21 Property   1 Dollar General - South Bend NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
21 Loan   5 Veit Self Storage Portfolio 1,177,108 2,144,308 6/30/2021 T-12 2,994,872 1,073,395 1,921,477 12/31/2020 T-12 2,834,375
21.01 Property   1 Prime Storage of Williamsburg 267,778 637,906 6/30/2021 T-12 822,013 257,599 564,414 12/31/2020 T-12 783,511
21.02 Property   1 Easy Does It 284,031 564,018 6/30/2021 T-12 770,928 253,942 516,985 12/31/2020 T-12 682,192
21.03 Property   1 Williamsburg Storage 134,729 359,439 6/30/2021 T-12 436,776 127,032 309,744 12/31/2020 T-12 427,273
21.04 Property   1 EZ Storage 202,499 304,928 6/30/2021 T-12 461,256 193,105 268,151 12/31/2020 T-12 432,301
21.05 Property   1 Climatrol Self Storage 288,072 278,017 6/30/2021 T-12 503,900 241,717 262,183 12/31/2020 T-12 509,098
22 Loan 64 2 Tutor Perini Portfolio 0 3,450,771 7/31/2021 T-12 3,241,850 0 3,241,850 12/31/2020 T-12 NAV
22.01 Property   1 11171 Cherry Avenue NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
22.02 Property   1 15901 Olden Street NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
23 Loan 65 1 Stockton Plaza 643,743 1,416,334 6/30/2021 T-12 1,640,489 758,653 881,836 12/31/2020 T-12 1,673,637
24 Loan 66 1 931-955 Coney Island Avenue 396,857 1,500,649 5/31/2021 T-12 1,929,598 400,731 1,528,867 12/31/2020 T-12 2,077,880
25 Loan 67, 68 1 Centro Plaza 455,567 1,362,039 4/30/2021 T-12 1,679,983 417,419 1,262,564 12/31/2020 T-12 1,519,053
26 Loan 69 1 BlueCross BlueShield Building NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
27 Loan 70 1 47-01 Queens Boulevard 629,745 1,338,104 5/31/2021 T-12 1,970,779 649,017 1,321,762 12/31/2020 T-12 1,848,636
28 Loan 42, 71, 72, 73 1 Summit Orchards NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
29 Loan   1 Redwood Waukee NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace 525,225 976,777 4/30/2021 T-12 1,584,011 515,589 1,068,422 12/31/2020 T-12 1,561,054
31 Loan 79, 80 1 800 Corporate Drive 345,201 1,093,706 5/31/2021 T-12 1,423,063 342,635 1,080,428 12/31/2020 T-12 1,428,706
32 Loan 81, 82 1 Staybridge Suites Bowling Green 1,687,499 1,315,901 6/30/2021 T-12 2,775,125 1,671,860 1,103,265 12/31/2020 T-12 3,656,209

A-1-11

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Most Recent Expenses ($) Most Recent NOI ($) Most Recent NOI Date Most Recent Description Second Most Recent EGI ($) Second Most Recent Expenses ($) Second Most Recent NOI ($) Second Most Recent NOI Date Second Most Recent Description Third Most Recent EGI ($)
                             
33 Loan   1 360 George Patterson Boulevard NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West 1,208,050 829,103 6/30/2021 T-12 1,627,287 945,686 681,601 12/31/2020 T-12 NAV
35 Loan   2 Peak & Perry Storage Portfolio 278,397 794,266 6/30/2021 T-12 1,059,668 273,460 786,208 12/31/2020 T-12 1,003,502
35.01 Property   1 Peak Exit Storage 160,033 460,346 6/30/2021 T-12 620,872 161,248 459,624 12/31/2020 T-12 582,804
35.02 Property   1 Perry Parkway Storage 118,365 333,920 6/30/2021 T-12 438,796 112,212 326,584 12/31/2020 T-12 420,698
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two 168,023 267,344 4/30/2021 T-12 NAV NAV NAV NAV NAV NAV
37 Loan   1 Westlake Village Court Office 479,912 919,688 6/30/2021 T-12 1,353,795 493,349 860,446 12/31/2020 T-12 1,417,214
38 Loan   1 Arrowhead Center 387,825 927,119 6/30/2021 T-12 1,262,950 388,457 874,493 12/31/2020 T-12 1,234,737
39 Loan   1 28 East 38th Street 316,291 362,162 6/30/2021 T-12 701,895 329,839 372,056 12/31/2020 T-12 722,872
40 Loan   1 Chenal Woods Apartments 498,819 571,195 6/30/2021 T-12 1,007,694 517,075 490,619 12/31/2020 T-12 935,431
41 Loan 90, 91 1 1822 Sunset Boulevard 168,182 530,476 4/30/2021 T-12 628,595 149,077 479,518 12/31/2020 T-12 459,444
42 Loan   1 494 Jackson Avenue NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
43 Loan   1 Bay Oaks Apartments 523,369 418,013 7/31/2021 T-12 834,615 487,556 347,059 12/31/2020 T-12 NAV
44 Loan   1 5807 W 20th St NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
45 Loan   1 Walgreens Maricopa NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
46 Loan 92, 93 3 NNN Portfolio NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
46.01 Property   1 Rite Aid - Wellington NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
46.02 Property   1 Dollar Tree - Monument NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
46.03 Property 94 1 Walgreens - Sylvania NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
47 Loan 95 1 Fayetteville Self Storage 217,575 222,239 6/30/2021 T-12 456,919 216,048 240,871 12/31/2020 T-12 422,499

A-1-12

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Third Most Recent Expenses ($) Third Most Recent NOI ($) Third Most Recent NOI Date Third Most Recent Description Underwritten Economic Occupancy (%) Underwritten EGI ($) Underwritten Expenses ($) Underwritten Net Operating Income ($) Underwritten Replacement / FF&E Reserve ($) Underwritten TI / LC ($)
                             
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square 14,448,761 24,995,700 12/31/2019 T-12 95.9% 83,142,799 19,231,486 63,911,313 15,738 566,788
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First NAV NAV NAV NAV 100.0% 38,884,221 10,300,095 28,584,126 120,733 0
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe NAV NAV NAV NAV 93.6% 14,610,051 2,823,605 11,786,446 61,835 309,176
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington NAV NAV NAV NAV 95.0% 17,705,262 4,643,949 13,061,313 6,997 0
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain 19,445,573 28,744,950 12/31/2019 T-12 93.5% 45,170,187 16,213,342 28,956,844 132,979 1,329,789
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 NAV NAV NAV NAV 97.5% 4,977,343 924,920 4,052,424 45,718 32,655
6.01 Property   1 Kohl’s Shelby NAV NAV NAV NAV 97.5% 842,930 106,934 735,996 12,988 0
6.02 Property 41 1 Pick N’ Save Eagle River NAV NAV NAV NAV 97.5% 616,293 148,584 467,709 9,537 0
6.03 Property   1 Walgreens Chicopee NAV NAV NAV NAV 97.5% 551,414 95,553 455,861 2,192 0
6.04 Property   1 Walgreens Oakland NAV NAV NAV NAV 97.5% 417,961 45,178 372,783 2,223 0
6.05 Property   1 Walgreens Siler City NAV NAV NAV NAV 97.5% 398,596 54,317 344,279 2,223 0
6.06 Property   1 Fresenius Chicago NAV NAV NAV NAV 97.5% 402,000 115,582 286,418 1,898 0
6.07 Property   1 Walgreens Potsdam NAV NAV NAV NAV 97.5% 392,746 104,817 287,930 2,183 0
6.08 Property   1 Outback Mesa NAV NAV NAV NAV 97.5% 292,299 30,118 262,181 924 13,334
6.09 Property   1 Outback Tucson NAV NAV NAV NAV 97.5% 280,496 29,599 250,897 984 12,923
6.10 Property   1 BMO Harris Watertown NAV NAV NAV NAV 97.5% 218,391 28,667 189,724 1,415 0
6.11 Property   1 Pick N’ Save Columbus NAV NAV NAV NAV 97.5% 200,375 65,512 134,862 3,750 0
6.12 Property   1 BMO Harris Merrill NAV NAV NAV NAV 97.5% 170,790 38,275 132,515 1,275 0
6.13 Property 41 1 Tractor Supply Eagle River NAV NAV NAV NAV 97.5% 193,052 61,784 131,268 4,128 6,397
7 Loan 20, 42 1 Epic West Towne Crossing 1,055,611 1,488,158 12/31/2019 T-12 91.5% 5,910,330 1,795,642 4,114,688 41,424 107,591
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix NAV NAV NAV NAV 95.0% 3,411,336 809,340 2,601,996 60,600 128,205
9 Loan 9, 49 1 College Point 3,259,475 5,647,668 12/31/2019 T-12 95.2% 8,899,157 3,964,950 4,934,206 49,670 298,866
10 Loan 50 1 Independence Lofts NAV NAV NAV NAV 91.3% 2,960,009 613,647 2,346,362 24,866 7,167
11 Loan 51 1 McCullough Commons 1,403,137 2,480,340 12/31/2019 T-12 86.9% 4,672,074 1,275,406 3,396,668 63,493 261,609
12 Loan 52 1 524 Courtlandt NAV NAV NAV NAV 95.0% 2,882,836 531,459 2,351,377 15,700 85,739
13 Loan 53 1 Falls of Deer Park Apartments 1,643,752 2,304,163 12/31/2019 T-12 80.7% 4,552,218 2,345,233 2,206,986 110,250 0
14 Loan 54, 55 1 175 East 62nd Street Leased Fee NAV NAV NAV NAV 100.0% 2,809,070 0 2,809,070 0 0
15 Loan 56, 57 1 Celeros Houston NAV NAV NAV NAV 95.0% 3,016,287 864,192 2,152,095 33,665 85,432
16 Loan   2 Greene Plaza and Chippewa Center NAV NAV NAV NAV 92.5% 3,408,388 845,530 2,562,858 44,232 75,749
16.01 Property   1 Chippewa Center NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
16.02 Property   1 Greene Plaza NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
17 Loan 20, 42 1 Midlothian Towne Crossing 996,285 1,702,900 12/31/2019 T-12 95.0% 3,779,794 1,256,409 2,523,385 22,074 71,667
18 Loan 58, 59 3 Paragon Films Sale-Leaseback NAV NAV NAV NAV 95.0% 2,006,115 60,183 1,945,932 28,742 0
18.01 Property   1 255W. Baab Industrial Park Drive NAV NAV NAV NAV 95.0% 755,640 22,669 732,971 21,097 0
18.02 Property   1 915 Rose Street NAV NAV NAV NAV 95.0% 629,614 18,888 610,725 1,358 0
18.03 Property   1 3500 West Tacoma Street NAV NAV NAV NAV 95.0% 620,861 18,626 602,235 6,288 0
19 Loan 60, 61, 62 1 The Village Lofts NAV NAV NAV NAV 95.0% 2,836,042 957,427 1,878,615 29,800 0
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 NAV NAV NAV NAV 92.5% 4,221,423 147,750 4,073,674 53,515 0
20.01 Property   1 Food4Less - Chicago Heights NAV NAV NAV NAV 92.5% 451,174 15,791 435,383 16,425 0
20.02 Property   1 Walgreens - Bridgeview NAV NAV NAV NAV 92.5% 411,625 14,407 397,218 3,024 0
20.03 Property   1 Walgreens - Alton NAV NAV NAV NAV 92.5% 333,000 11,655 321,345 3,024 0
20.04 Property   1 Walgreens - Alexandria NAV NAV NAV NAV 92.5% 328,375 11,493 316,882 2,964 0
20.05 Property   1 First Midwest Bank - DeKalb NAV NAV NAV NAV 92.5% 260,118 9,104 251,014 1,942 0
20.06 Property   1 First Midwest Bank - Schaumburg NAV NAV NAV NAV 92.5% 241,536 8,454 233,083 989 0
20.07 Property   1 Walgreens - Oklahoma City NAV NAV NAV NAV 92.5% 208,353 7,292 201,060 2,781 0
20.08 Property   1 CVS - Zanesville NAV NAV NAV NAV 92.5% 200,475 7,017 193,459 2,039 0
20.09 Property   1 CVS Pharmacy - Hagerstown NAV NAV NAV NAV 92.5% 199,800 6,993 192,807 2,025 0
20.10 Property   1 Fresenius Medical Care - Lawrenceville NAV NAV NAV NAV 92.5% 196,179 6,866 189,312 1,732 0
20.11 Property   1 First Midwest Bank - Joliet NAV NAV NAV NAV 92.5% 198,567 6,950 191,617 1,260 0
20.12 Property   1 Memorial Health System - Decatur NAV NAV NAV NAV 92.5% 196,988 6,895 190,093 1,142 0
20.13 Property   1 CVS - Decatur NAV NAV NAV NAV 92.5% 191,652 6,708 184,944 2,025 0
20.14 Property   1 Verizon - Beloit NAV NAV NAV NAV 92.5% 136,483 4,777 131,706 500 0
20.15 Property   1 Dollar Tree - Grimes NAV NAV NAV NAV 92.5% 113,131 3,960 109,172 1,997 0
20.16 Property   1 Dollar General - Belle Chasse NAV NAV NAV NAV 92.5% 92,498 3,237 89,261 1,805 0
20.17 Property   1 Sherwin Williams - Urbana NAV NAV NAV NAV 92.5% 93,851 3,285 90,566 800 0
20.18 Property   1 Dollar General - Camden NAV NAV NAV NAV 92.5% 95,123 3,329 91,794 1,597 0
20.19 Property   1 Dollar General - Thibodaux NAV NAV NAV NAV 92.5% 91,125 3,189 87,935 1,805 0
20.20 Property   1 Dollar General - Houma NAV NAV NAV NAV 92.5% 89,485 3,132 86,353 1,820 0
20.21 Property   1 Dollar General - South Bend NAV NAV NAV NAV 92.5% 91,886 3,216 88,670 1,820 0
21 Loan   5 Veit Self Storage Portfolio 1,051,734 1,782,640 12/31/2019 T-12 81.9% 3,321,416 1,169,149 2,152,267 23,911 0
21.01 Property   1 Prime Storage of Williamsburg 244,623 538,888 12/31/2019 T-12 81.9% 905,684 262,112 643,572 7,078 0
21.02 Property   1 Easy Does It 265,230 416,961 12/31/2019 T-12 84.7% 848,048 306,132 541,916 6,410 0
21.03 Property   1 Williamsburg Storage 144,392 282,882 12/31/2019 T-12 79.9% 494,168 134,150 360,018 2,763 0
21.04 Property   1 EZ Storage 183,307 248,994 12/31/2019 T-12 81.9% 507,427 204,745 302,682 3,549 0
21.05 Property   1 Climatrol Self Storage 214,183 294,915 12/31/2019 T-12 79.8% 566,089 262,010 304,079 4,113 0
22 Loan 64 2 Tutor Perini Portfolio NAV NAV NAV NAV 95.0% 4,637,599 1,183,369 3,454,230 134,416 209,938
22.01 Property   1 11171 Cherry Avenue NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
22.02 Property   1 15901 Olden Street NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
23 Loan 65 1 Stockton Plaza 718,621 955,016 12/31/2019 T-12 89.2% 2,312,024 592,516 1,719,508 24,369 60,924
24 Loan 66 1 931-955 Coney Island Avenue 427,656 1,650,224 12/31/2019 T-12 95.0% 1,987,733 552,660 1,435,073 18,508 28,459
25 Loan 67, 68 1 Centro Plaza 430,849 1,088,204 12/31/2019 T-12 95.0% 1,755,039 481,899 1,273,141 30,713 84,023
26 Loan 69 1 BlueCross BlueShield Building NAV NAV NAV NAV 95.0% 1,458,060 71,898 1,386,162 12,387 0
27 Loan 70 1 47-01 Queens Boulevard 599,894 1,248,742 12/31/2019 T-12 90.0% 1,932,837 695,103 1,237,733 18,200 59,131
28 Loan 42, 71, 72, 73 1 Summit Orchards NAV NAV NAV NAV 95.0% 1,680,919 500,803 1,180,117 4,153 8,306
29 Loan   1 Redwood Waukee NAV NAV NAV NAV 94.0% 1,462,942 531,014 931,929 14,600 0
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace 484,537 1,076,517 12/31/2019 T-12 95.0% 1,499,558 501,655 997,903 14,108 41,384
31 Loan 79, 80 1 800 Corporate Drive 368,457 1,060,249 12/31/2019 T-12 95.0% 1,337,600 307,950 1,029,650 8,428 63,210
32 Loan 81, 82 1 Staybridge Suites Bowling Green 2,127,889 1,528,320 12/31/2019 T-12 78.0% 3,160,775 1,841,656 1,319,120 126,431 0

A-1-13

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Third Most Recent Expenses ($) Third Most Recent NOI ($) Third Most Recent NOI Date Third Most Recent Description Underwritten Economic Occupancy (%) Underwritten EGI ($) Underwritten Expenses ($) Underwritten Net Operating Income ($) Underwritten Replacement / FF&E Reserve ($) Underwritten TI / LC ($)
                             
33 Loan   1 360 George Patterson Boulevard NAV NAV NAV NAV 95.0% 994,144 144,214 849,931 9,907 0
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West NAV NAV NAV NAV 75.7% 2,669,529 1,547,444 1,122,085 106,781 0
35 Loan   2 Peak & Perry Storage Portfolio 260,768 742,734 12/31/2019 T-12 86.5% 1,072,663 359,800 712,864 12,413 6,475
35.01 Property   1 Peak Exit Storage 150,149 432,655 12/31/2019 T-12 85.9% 620,378 239,309 381,069 7,562 6,475
35.02 Property   1 Perry Parkway Storage 110,618 310,080 12/31/2019 T-12 87.3% 452,285 120,490 331,795 4,851 0
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two NAV NAV NAV NAV 95.0% 955,082 226,867 728,215 28,960 24,621
37 Loan   1 Westlake Village Court Office 479,444 937,770 12/31/2019 T-12 95.0% 1,462,621 458,786 1,003,835 12,522 54,629
38 Loan   1 Arrowhead Center 370,180 864,557 12/31/2019 T-12 94.5% 1,282,526 452,822 829,703 18,739 69,310
39 Loan   1 28 East 38th Street 307,670 415,202 12/31/2019 T-12 95.4% 760,119 279,244 480,876 6,723 1,607
40 Loan   1 Chenal Woods Apartments 551,854 383,577 12/31/2019 T-12 88.8% 1,070,014 523,795 546,219 11,250 0
41 Loan 90, 91 1 1822 Sunset Boulevard 92,189 367,255 12/31/2019 T-12 95.0% 689,469 177,045 512,424 6,596 21,987
42 Loan   1 494 Jackson Avenue NAV NAV NAV NAV 95.0% 484,569 48,893 435,676 4,000 0
43 Loan   1 Bay Oaks Apartments NAV NAV NAV NAV 93.1% 996,182 510,506 485,677 27,090 0
44 Loan   1 5807 W 20th St NAV NAV NAV NAV 95.0% 556,370 101,391 454,979 4,725 17,920
45 Loan   1 Walgreens Maricopa NAV NAV NAV NAV 97.0% 349,685 10,491 339,194 2,209 0
46 Loan 92, 93 3 NNN Portfolio NAV NAV NAV NAV 95.6% 446,361 24,458 421,903 5,846 28,232
46.01 Property   1 Rite Aid - Wellington NAV NAV NAV NAV 95.0% 212,844 13,022 199,821 1,910 8,553
46.02 Property   1 Dollar Tree - Monument NAV NAV NAV NAV 96.5% 137,357 8,123 129,234 1,986 9,929
46.03 Property 94 1 Walgreens - Sylvania NAV NAV NAV NAV 95.8% 96,160 3,313 92,847 1,950 9,750
47 Loan 95 1 Fayetteville Self Storage 221,372 201,127 12/31/2019 T-12 93.0% 622,417 253,718 368,699 16,942 5,702

A-1-14

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Underwritten Net Cash Flow ($) Underwritten NOI DSCR (x) Underwritten NCF DSCR (x) Underwritten NOI Debt Yield (%) Underwritten NCF Debt Yield (%) Appraised Value ($) Appraised Value Type Appraisal Date
            4 4          
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square 63,328,788 4.92 4.88 13.6% 13.5% 1,350,000,000 As Is 6/10/2021
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First 28,463,393 4.13 4.11 12.4% 12.4% 538,000,000 As Is 7/19/2021
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe 11,415,435 3.38 3.28 9.7% 9.4% 186,150,000 Market Value Assuming Paid-off TIs, LCs & Rent Abatements 5/11/2021
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington 12,968,066 2.84 2.82 9.9% 9.9% 217,000,000 As Is 4/6/2021
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain 27,494,076 4.40 4.17 13.8% 13.1% 452,000,000 As Is 5/10/2021
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 3,974,051 1.90 1.87 9.7% 9.6% 66,469,526 Various Various
6.01 Property   1 Kohl’s Shelby 723,009         11,500,000 As Is 8/12/2021
6.02 Property 41 1 Pick N’ Save Eagle River 458,172         8,058,524 Hypothetical As Is 8/12/2021
6.03 Property   1 Walgreens Chicopee 453,669         7,200,000 As Is 8/9/2021
6.04 Property   1 Walgreens Oakland 370,560         5,900,000 As Is 8/8/2021
6.05 Property   1 Walgreens Siler City 342,056         5,670,000 As Is 8/2/2021
6.06 Property   1 Fresenius Chicago 284,521         4,960,000 As Is 8/10/2021
6.07 Property   1 Walgreens Potsdam 285,747         4,300,000 As Is 7/28/2021
6.08 Property   1 Outback Mesa 247,922         4,610,000 As Is 8/15/2021
6.09 Property   1 Outback Tucson 236,990         4,230,000 As Is 8/12/2021
6.10 Property   1 BMO Harris Watertown 188,310         3,200,000 As Is 8/10/2021
6.11 Property   1 Pick N’ Save Columbus 131,112         2,330,000 As Is 8/10/2021
6.12 Property   1 BMO Harris Merrill 131,240         2,225,000 As Is 8/12/2021
6.13 Property 41 1 Tractor Supply Eagle River 120,742         2,286,002 Hypothetical As Is 8/12/2021
7 Loan 20, 42 1 Epic West Towne Crossing 3,965,674 3.06 2.95 10.1% 9.7% 62,900,000 As Is 7/25/2021
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix 2,413,191 1.35 1.25 8.7% 8.0% 47,400,000 Prospective Value Upon Completion 12/16/2021
9 Loan 9, 49 1 College Point 4,585,671 1.95 1.81 7.0% 6.6% 117,000,000 As Is 4/19/2021
10 Loan 50 1 Independence Lofts 2,314,329 1.49 1.47 8.1% 8.0% 47,450,000 As Is 4/29/2021
11 Loan 51 1 McCullough Commons 3,071,566 2.18 1.97 11.9% 10.8% 57,000,000 As Is 6/14/2021
12 Loan 52 1 524 Courtlandt 2,249,939 2.03 1.94 8.5% 8.1% 53,100,000 As Is 7/14/2021
13 Loan 53 1 Falls of Deer Park Apartments 2,096,736 1.47 1.40 8.2% 7.8% 37,600,000 As Is 3/18/2021
14 Loan 54, 55 1 175 East 62nd Street Leased Fee 2,809,070 4.83 4.83 11.2% 11.2% 68,100,000 As Is 5/28/2021
15 Loan 56, 57 1 Celeros Houston 2,032,998 1.64 1.55 9.0% 8.5% 37,800,000 As Complete 9/30/2021
16 Loan   2 Greene Plaza and Chippewa Center 2,442,877 1.99 1.90 11.1% 10.6% 33,900,000 As Is 5/28/2021
16.01 Property   1 Chippewa Center NAV         20,500,000 As Is 5/28/2021
16.02 Property   1 Greene Plaza NAV         13,400,000 As Is 5/28/2021
17 Loan 20, 42 1 Midlothian Towne Crossing 2,429,644 3.26 3.14 11.6% 11.1% 34,000,000 As Is 7/25/2021
18 Loan 58, 59 3 Paragon Films Sale-Leaseback 1,917,189 2.55 2.52 8.9% 8.8% 33,575,000 Various Various
18.01 Property   1 255W. Baab Industrial Park Drive 711,874         12,700,000 Prospective Market Value Upon Completion 10/21/2021
18.02 Property   1 915 Rose Street 609,368         10,500,000 As Is 6/29/2021
18.03 Property   1 3500 West Tacoma Street 595,947         10,375,000 As Is 7/1/2021
19 Loan 60, 61, 62 1 The Village Lofts 1,848,815 2.15 2.12 8.7% 8.6% 33,000,000 As Is 6/7/2021
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 4,020,158 2.70 2.66 8.7% 8.5% 76,500,000 As Is Various
20.01 Property   1 Food4Less - Chicago Heights 418,958         8,130,000 As Is 3/28/2021
20.02 Property   1 Walgreens - Bridgeview 394,194         7,400,000 As Is 5/25/2021
20.03 Property   1 Walgreens - Alton 318,321         6,300,000 As Is 6/5/2021
20.04 Property   1 Walgreens - Alexandria 313,918         5,680,000 As Is 5/19/2021
20.05 Property   1 First Midwest Bank - DeKalb 249,072         4,570,000 As Is 5/26/2021
20.06 Property   1 First Midwest Bank - Schaumburg 232,094         4,070,000 As Is 5/26/2021
20.07 Property   1 Walgreens - Oklahoma City 198,279         3,850,000 As Is 5/25/2021
20.08 Property   1 CVS - Zanesville 191,420         3,950,000 As Is 5/14/2021
20.09 Property   1 CVS Pharmacy - Hagerstown 190,782         4,100,000 As Is 5/25/2021
20.10 Property   1 Fresenius Medical Care - Lawrenceville 187,580         3,430,000 As Is 5/14/2021
20.11 Property   1 First Midwest Bank - Joliet 190,357         3,340,000 As Is 5/25/2021
20.12 Property   1 Memorial Health System - Decatur 188,952         3,300,000 As Is 5/16/2021
20.13 Property   1 CVS - Decatur 182,919         3,800,000 As Is 5/27/2021
20.14 Property   1 Verizon - Beloit 131,206         2,400,000 As Is 5/27/2021
20.15 Property   1 Dollar Tree - Grimes 107,175         1,880,000 As Is 5/14/2021
20.16 Property   1 Dollar General - Belle Chasse 87,456         1,800,000 As Is 5/28/2021
20.17 Property   1 Sherwin Williams - Urbana 89,766         1,720,000 As Is 5/13/2021
20.18 Property   1 Dollar General - Camden 90,197         1,700,000 As Is 3/26/2021
20.19 Property   1 Dollar General - Thibodaux 86,130         1,650,000 As Is 5/28/2021
20.20 Property   1 Dollar General - Houma 84,533         1,900,000 As Is 5/28/2021
20.21 Property   1 Dollar General - South Bend 86,850         1,530,000 As Is 5/18/2021
21 Loan   5 Veit Self Storage Portfolio 2,128,356 3.60 3.56 10.8% 10.6% 33,050,000 As Is Various
21.01 Property   1 Prime Storage of Williamsburg 636,494         10,500,000 As Is 3/9/2021
21.02 Property   1 Easy Does It 535,506         8,050,000 As Is 3/11/2021
21.03 Property   1 Williamsburg Storage 357,255         4,750,000 As Is 3/9/2021
21.04 Property   1 EZ Storage 299,134         4,650,000 As Is 3/11/2021
21.05 Property   1 Climatrol Self Storage 299,967         5,100,000 As Is 3/9/2021
22 Loan 64 2 Tutor Perini Portfolio 3,109,876 4.58 4.12 17.7% 15.9% 79,100,000 As Is Various
22.01 Property   1 11171 Cherry Avenue NAV         64,700,000 As Is 3/18/2021
22.02 Property   1 15901 Olden Street NAV         14,400,000 As Is 3/19/2021
23 Loan 65 1 Stockton Plaza 1,634,215 2.80 2.66 9.3% 8.9% 28,400,000 As Is 8/9/2021
24 Loan 66 1 931-955 Coney Island Avenue 1,388,106 2.17 2.10 8.0% 7.7% 28,800,000 As Is 7/28/2021
25 Loan 67, 68 1 Centro Plaza 1,178,404 1.63 1.51 9.5% 8.8% 18,500,000 As Is 5/27/2021
26 Loan 69 1 BlueCross BlueShield Building 1,373,775 2.93 2.90 10.4% 10.3% 20,600,000 As Is 6/10/2021
27 Loan 70 1 47-01 Queens Boulevard 1,160,402 2.99 2.81 9.7% 9.1% 21,000,000 As Is 5/27/2021
28 Loan 42, 71, 72, 73 1 Summit Orchards 1,167,658 2.71 2.68 9.4% 9.3% 19,600,000 Hypothetical Market Value As-If Leasing Cost Escrow Is Funded 5/19/2021
29 Loan   1 Redwood Waukee 917,329 2.28 2.24 7.8% 7.7% 17,210,000 As Is 7/15/2021
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace 942,410 1.72 1.62 9.3% 8.8% 15,500,000 As Is 5/24/2021
31 Loan 79, 80 1 800 Corporate Drive 958,012 1.77 1.65 9.7% 9.0% 16,400,000 As Is 6/9/2021
32 Loan 81, 82 1 Staybridge Suites Bowling Green 1,192,689 2.23 2.02 12.9% 11.6% 15,700,000 As Is 5/31/2021

A-1-15

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Underwritten Net Cash Flow ($) Underwritten NOI DSCR (x) Underwritten NCF DSCR (x) Underwritten NOI Debt Yield (%) Underwritten NCF Debt Yield (%) Appraised Value ($) Appraised Value Type Appraisal Date
            4 4          
33 Loan   1 360 George Patterson Boulevard 840,024 2.55 2.52 9.2% 9.1% 14,150,000 As Is 7/12/2021
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West 1,015,304 2.24 2.02 13.2% 11.9% 13,100,000 As Is 6/23/2021
35 Loan   2 Peak & Perry Storage Portfolio 693,975 1.51 1.47 8.5% 8.2% 12,400,000 As Is Various
35.01 Property   1 Peak Exit Storage 367,032         6,900,000 As Is 6/21/2021
35.02 Property   1 Perry Parkway Storage 326,944         5,500,000 As Is 7/7/2021
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two 674,634 2.19 2.03 9.0% 8.3% 12,500,000 As Stabilized 6/1/2022
37 Loan   1 Westlake Village Court Office 936,684 3.71 3.46 12.9% 12.0% 12,900,000 As Is 7/7/2021
38 Loan   1 Arrowhead Center 741,654 2.15 1.92 12.9% 11.5% 9,500,000 As Is 5/13/2021
39 Loan   1 28 East 38th Street 472,546 2.15 2.11 7.5% 7.4% 10,600,000 As Is 7/23/2021
40 Loan   1 Chenal Woods Apartments 534,969 2.58 2.53 8.6% 8.5% 10,000,000 As Is 7/13/2021
41 Loan 90, 91 1 1822 Sunset Boulevard 483,841 1.94 1.83 10.2% 9.7% 10,250,000 As Is 9/13/2019
42 Loan   1 494 Jackson Avenue 431,676 2.23 2.21 7.9% 7.8% 8,300,000 As Is 7/16/2021
43 Loan   1 Bay Oaks Apartments 458,587 2.65 2.50 8.9% 8.4% 8,700,000 As Is 8/2/2021
44 Loan   1 5807 W 20th St 432,335 2.50 2.37 9.4% 8.9% 8,800,000 As Is 6/17/2021
45 Loan   1 Walgreens Maricopa 336,985 2.24 2.23 8.3% 8.2% 7,225,000 As Is 7/23/2021
46 Loan 92, 93 3 NNN Portfolio 387,826 1.97 1.82 10.5% 9.7% 6,630,000 As Is Various
46.01 Property   1 Rite Aid - Wellington 189,358         2,730,000 As Is 6/14/2021
46.02 Property   1 Dollar Tree - Monument 117,320         2,300,000 As Is 6/29/2021
46.03 Property 94 1 Walgreens - Sylvania 81,147         1,600,000 As Is 6/28/2021
47 Loan 95 1 Fayetteville Self Storage 346,055 1.73 1.63 10.5% 9.9% 7,200,000 As Is 6/8/2021

A-1-16

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Cut-off Date LTV Ratio (%) LTV Ratio at Maturity / ARD (%) Leased Occupancy (%) Occupancy Date Single Tenant (Y/N) Largest Tenant Largest Tenant SF Largest Tenant % of NRA Largest Tenant Lease Expiration Date
              5           6
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square 34.8% 34.8% 92.5% 6/1/2021 No Flatiron Health 223,402 28.4% 2/28/2031
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First 42.8% 42.8% 100.0% 9/1/2021 Yes Micron 603,666 100.0% 12/31/2034
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe 65.0% 65.0% 92.8% 7/15/2021 No OpenDoor 100,807 32.6% 12/31/2030
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington 60.6% 60.6% 99.0% 7/14/2021 NAP NAP NAP NAP NAP
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain 46.5% 46.5% 93.1% 6/3/2021 No Dick’s Clothing & Sporting Goods 80,400 9.1% 1/31/2025
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 62.5% 54.4% 100.0%            
6.01 Property   1 Kohl’s Shelby     100.0% 9/6/2021 Yes Kohl’s 86,584 100.0% 1/31/2032
6.02 Property 41 1 Pick N’ Save Eagle River     100.0% 9/6/2021 Yes Pick N’ Save 63,578 100.0% 12/31/2031
6.03 Property   1 Walgreens Chicopee     100.0% 9/6/2021 Yes Walgreens 14,614 100.0% 12/31/2033
6.04 Property   1 Walgreens Oakland     100.0% 9/6/2021 Yes Walgreens 14,820 100.0% 9/30/2033
6.05 Property   1 Walgreens Siler City     100.0% 9/6/2021 Yes Walgreens 14,820 100.0% 11/30/2033
6.06 Property   1 Fresenius Chicago     100.0% 9/6/2021 Yes Fresenius Medical Care 12,650 100.0% 2/28/2030
6.07 Property   1 Walgreens Potsdam     100.0% 9/6/2021 Yes Walgreens 14,550 100.0% 11/30/2031
6.08 Property   1 Outback Mesa     100.0% 9/6/2021 Yes Cerca Trova Southwest 6,163 100.0% 8/31/2044
6.09 Property   1 Outback Tucson     100.0% 9/6/2021 Yes Cerca Trova Southwest 6,561 100.0% 8/31/2044
6.10 Property   1 BMO Harris Watertown     100.0% 9/6/2021 Yes BMO Harris Bank, N.A. 9,430 100.0% 4/30/2032
6.11 Property   1 Pick N’ Save Columbus     100.0% 9/6/2021 Yes Pick N’ Save 25,000 100.0% 12/31/2030
6.12 Property   1 BMO Harris Merrill     100.0% 9/6/2021 Yes BMO Harris Bank, N.A. 8,497 100.0% 4/30/2032
6.13 Property 41 1 Tractor Supply Eagle River     100.0% 9/6/2021 Yes Tractor Supply Company 27,522 100.0% 6/30/2027
7 Loan 20, 42 1 Epic West Towne Crossing 64.9% 64.9% 95.0% 5/3/2021 No Burlington 40,403 14.6% 2/28/2029
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix 63.4% 45.9% 100.0% 9/6/2021 Yes Novonix 404,000 100.0% 11/30/2036
9 Loan 9, 49 1 College Point 59.8% 59.8% 100.0% 6/4/2021 No Target 139,896 42.2% 7/31/2023
10 Loan 50 1 Independence Lofts 61.1% 47.8% 100.0% 5/31/2021 NAP NAP NAP NAP NAP
11 Loan 51 1 McCullough Commons 50.0% 47.2% 89.1% 7/1/2021 No Ashley Furniture HomeStore 45,457 22.5% 2/28/2027
12 Loan 52 1 524 Courtlandt 52.2% 52.2% 97.4% 7/1/2021 No CREO Prep School 24,229 52.5% 6/30/2040
13 Loan 53 1 Falls of Deer Park Apartments 71.8% 56.5% 84.1% 8/24/2021 NAP NAP NAP NAP NAP
14 Loan 54, 55 1 175 East 62nd Street Leased Fee 36.7% 36.7% NAP NAP NAP NAP NAP NAP NAP
15 Loan 56, 57 1 Celeros Houston 63.2% 57.0% 100.0% 9/6/2021 Yes Celeros 319,251 100.0% 6/30/2046
16 Loan   2 Greene Plaza and Chippewa Center 67.8% 53.5% 94.2%            
16.01 Property   1 Chippewa Center     98.0% 6/16/2021 No Dunhams 42,866 25.2% 1/31/2023
16.02 Property   1 Greene Plaza     88.9% 6/16/2021 No Big Lots 30,080 24.2% 1/31/2024
17 Loan 20, 42 1 Midlothian Towne Crossing 64.2% 64.2% 97.8% 5/31/2021 No Ross Dress for Less 22,000 14.9% 1/1/2028
18 Loan 58, 59 3 Paragon Films Sale-Leaseback 64.9% 64.9% 100.0%            
18.01 Property   1 255W. Baab Industrial Park Drive     100.0% 9/6/2021 Yes Paragon Films 191,795 100.0% 6/30/2041
18.02 Property   1 915 Rose Street     100.0% 9/6/2021 Yes Paragon Films 135,750 100.0% 6/30/2041
18.03 Property   1 3500 West Tacoma Street     100.0% 9/6/2021 Yes Paragon Films 125,750 100.0% 6/30/2041
19 Loan 60, 61, 62 1 The Village Lofts 65.2% 65.2% 97.3% 8/1/2021 NAP NAP NAP NAP NAP
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 61.5% 61.5% 100.0%            
20.01 Property   1 Food4Less - Chicago Heights     100.0% 9/1/2021 Yes Food 4 Less 82,126 100.0% 3/31/2031
20.02 Property   1 Walgreens - Bridgeview     100.0% 9/1/2021 Yes Walgreens 15,120 100.0% 11/30/2031
20.03 Property   1 Walgreens - Alton     100.0% 9/1/2021 Yes Walgreens 15,120 100.0% 6/30/2033
20.04 Property   1 Walgreens - Alexandria     100.0% 9/1/2021 Yes Walgreens 14,820 100.0% 4/30/2033
20.05 Property   1 First Midwest Bank - DeKalb     100.0% 9/1/2021 Yes First Midwest Bank 9,708 100.0% 9/30/2030
20.06 Property   1 First Midwest Bank - Schaumburg     100.0% 9/1/2021 Yes First Midwest Bank 4,943 100.0% 9/30/2030
20.07 Property   1 Walgreens - Oklahoma City     100.0% 9/1/2021 Yes Walgreens 13,905 100.0% 5/31/2032
20.08 Property   1 CVS - Zanesville     100.0% 9/1/2021 Yes CVS Pharmacy 10,195 100.0% 12/31/2039
20.09 Property   1 CVS Pharmacy - Hagerstown     100.0% 9/1/2021 Yes CVS Pharmacy 10,125 100.0% 1/31/2040
20.10 Property   1 Fresenius Medical Care - Lawrenceville     100.0% 9/1/2021 Yes Fresenius Medical Care 8,659 100.0% 1/31/2031
20.11 Property   1 First Midwest Bank - Joliet     100.0% 9/1/2021 Yes First Midwest Bank 6,299 100.0% 9/30/2030
20.12 Property   1 Memorial Health System - Decatur     100.0% 9/1/2021 Yes Memorial Health System 5,709 100.0% 10/31/2031
20.13 Property   1 CVS - Decatur     100.0% 9/1/2021 Yes CVS Pharmacy 10,125 100.0% 1/31/2037
20.14 Property   1 Verizon - Beloit     100.0% 9/1/2021 Yes Verizon Wireless 2,500 100.0% 2/28/2031
20.15 Property   1 Dollar Tree - Grimes     100.0% 9/1/2021 Yes Dollar Tree 9,984 100.0% 3/31/2031
20.16 Property   1 Dollar General - Belle Chasse     100.0% 9/1/2021 Yes Dollar General 9,026 100.0% 11/30/2035
20.17 Property   1 Sherwin Williams - Urbana     100.0% 9/1/2021 Yes Sherwin Williams 4,000 100.0% 1/31/2031
20.18 Property   1 Dollar General - Camden     100.0% 9/1/2021 Yes Dollar General 7,987 100.0% 2/28/2031
20.19 Property   1 Dollar General - Thibodaux     100.0% 9/1/2021 Yes Dollar General 9,026 100.0% 8/31/2032
20.20 Property   1 Dollar General - Houma     100.0% 9/1/2021 Yes Dollar General 9,100 100.0% 10/31/2031
20.21 Property   1 Dollar General - South Bend     100.0% 9/1/2021 Yes Dollar General 9,100 100.0% 2/28/2033
21 Loan   5 Veit Self Storage Portfolio 60.5% 60.5% 96.2%            
21.01 Property   1 Prime Storage of Williamsburg     97.7% 7/30/2021 NAP NAP NAP NAP NAP
21.02 Property   1 Easy Does It     95.6% 7/30/2021 NAP NAP NAP NAP NAP
21.03 Property   1 Williamsburg Storage     97.7% 7/30/2021 NAP NAP NAP NAP NAP
21.04 Property   1 EZ Storage     94.2% 7/30/2021 NAP NAP NAP NAP NAP
21.05 Property   1 Climatrol Self Storage     95.0% 7/30/2021 NAP NAP NAP NAP NAP
22 Loan 64 2 Tutor Perini Portfolio 24.7% 24.7% 100.0%            
22.01 Property   1 11171 Cherry Avenue     100.0% 9/1/2021 Yes Tutor Perini Corp. 1,294,645 100.0% 7/31/2038
22.02 Property   1 15901 Olden Street     100.0% 9/1/2021 Yes Tutor Perini Corp. 49,517 100.0% 7/31/2038
23 Loan 65 1 Stockton Plaza 65.0% 65.0% 92.0% 7/31/2021 No Smart & Final 32,820 26.9% 12/31/2033
24 Loan 66 1 931-955 Coney Island Avenue 62.5% 62.5% 98.6% 7/21/2021 No Model Realty 10,949 17.3% 7/31/2030
25 Loan 67, 68 1 Centro Plaza 72.5% 57.9% 96.4% 8/1/2021 No TJ Maxx 24,320 21.4% 1/31/2025
26 Loan 69 1 BlueCross BlueShield Building 64.7% 64.7% 100.0% 9/1/2021 Yes Blue Cross Blue Shield 129,029 100.0% 5/31/2030
27 Loan 70 1 47-01 Queens Boulevard 60.7% 60.7% 98.3% 6/30/2021 No Sunnywood Management 4,340 12.4% 12/31/2022
28 Loan 42, 71, 72, 73 1 Summit Orchards 63.8% 63.8% 100.0% 5/26/2021 No HomeGoods 22,126 26.6% 2/28/2031
29 Loan   1 Redwood Waukee 69.1% 69.1% 97.3% 7/28/2021 NAP NAP NAP NAP NAP
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace 68.9% 53.9% 100.0% 4/26/2021 No Sprouts 27,064 28.8% 11/30/2026
31 Loan 79, 80 1 800 Corporate Drive 64.6% 58.3% 100.0% 9/6/2021 Yes Nobel Biocare USA, Inc. 84,280 100.0% 3/31/2027
32 Loan 81, 82 1 Staybridge Suites Bowling Green 65.3% 53.5% 74.7% 6/30/2021 NAP NAP NAP NAP NAP

A-1-17

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Cut-off Date LTV Ratio (%) LTV Ratio at Maturity / ARD (%) Leased Occupancy (%) Occupancy Date Single Tenant (Y/N) Largest Tenant Largest Tenant SF Largest Tenant % of NRA Largest Tenant Lease Expiration Date
              5           6
33 Loan   1 360 George Patterson Boulevard 65.0% 65.0% 100.0% 9/1/2021 Yes Abzena 49,534 100.0% 5/31/2032
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West 64.9% 52.0% 64.9% 6/30/2021 NAP NAP NAP NAP NAP
35 Loan   2 Peak & Perry Storage Portfolio 68.0% 58.5% 96.2%            
35.01 Property   1 Peak Exit Storage     95.2% 5/17/2021 NAP NAP NAP NAP NAP
35.02 Property   1 Perry Parkway Storage     97.6% 6/30/2021 NAP NAP NAP NAP NAP
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two 65.0% 65.0% 96.4% 8/1/2021 No Ben Ahron Rugs 6,300 9.8% 7/31/2022
37 Loan   1 Westlake Village Court Office 60.5% 60.5% 97.9% 8/20/2021 No Panitz & Kossoff, LLP 4,572 7.7% 3/31/2023
38 Loan   1 Arrowhead Center 67.9% 47.9% 98.3% 6/4/2021 No Johannesons 29,799 36.6% 12/31/2026
39 Loan   1 28 East 38th Street 60.4% 60.4% 100.0% 7/1/2021 NAP NAP NAP NAP NAP
40 Loan   1 Chenal Woods Apartments 63.2% 63.2% 100.0% 7/16/2021 NAP NAP NAP NAP NAP
41 Loan 90, 91 1 1822 Sunset Boulevard 48.8% 58.5% 100.0% 4/1/2021 No The Echo / Live Nation 12,000 81.9% 5/14/2026
42 Loan   1 494 Jackson Avenue 66.3% 66.3% 100.0% 7/21/2021 NAP NAP NAP NAP NAP
43 Loan   1 Bay Oaks Apartments 62.9% 62.9% 97.8% 8/4/2021 NAP NAP NAP NAP NAP
44 Loan   1 5807 W 20th St 55.2% 55.2% 100.0% 9/6/2021 Yes Top Shelf Custom Embroidery 47,245 100.0% 5/31/2034
45 Loan   1 Walgreens Maricopa 56.7% 56.7% 100.0% 9/6/2021 Yes Walgreens 14,729 100.0% 7/31/2036
46 Loan 92, 93 3 NNN Portfolio 60.3% 46.9% 100.0%            
46.01 Property   1 Rite Aid - Wellington     100.0% 9/6/2021 Yes Rite Aid 11,404 100.0% 7/31/2029
46.02 Property   1 Dollar Tree - Monument     100.0% 9/6/2021 Yes Dollar Tree 13,238 100.0% 7/31/2027
46.03 Property 94 1 Walgreens - Sylvania     100.0% 9/6/2021 Yes Walgreens 13,000 100.0% 7/31/2033
47 Loan 95 1 Fayetteville Self Storage 48.6% 39.3% 99.2% 5/31/2021 NAP NAP NAP NAP NAP

A-1-18

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Second Largest Tenant Second Largest Tenant SF Second Largest Tenant % of NRA Second Largest Tenant Lease Expiration Date Third Largest Tenant Third Largest Tenant SF Third Largest Tenant % of NRA Third Largest Tenant Lease Expiration Date
                6       6
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square Aetna 106,350 13.5% 7/31/2029 MAC 88,699 11.3% 3/31/2034
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First NAP NAP NAP NAP NAP NAP NAP NAP
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe WeWork 69,115 22.4% 11/30/2032 Robinhood 53,823 17.4% 10/31/2026
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington NAP NAP NAP NAP NAP NAP NAP NAP
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain Neiman Marcus 80,000 9.0% 3/8/2027 Hanger Orthopedic Group, Inc 77,694 8.8% 7/31/2023
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4                
6.01 Property   1 Kohl’s Shelby NAP NAP NAP NAP NAP NAP NAP NAP
6.02 Property 41 1 Pick N’ Save Eagle River NAP NAP NAP NAP NAP NAP NAP NAP
6.03 Property   1 Walgreens Chicopee NAP NAP NAP NAP NAP NAP NAP NAP
6.04 Property   1 Walgreens Oakland NAP NAP NAP NAP NAP NAP NAP NAP
6.05 Property   1 Walgreens Siler City NAP NAP NAP NAP NAP NAP NAP NAP
6.06 Property   1 Fresenius Chicago NAP NAP NAP NAP NAP NAP NAP NAP
6.07 Property   1 Walgreens Potsdam NAP NAP NAP NAP NAP NAP NAP NAP
6.08 Property   1 Outback Mesa NAP NAP NAP NAP NAP NAP NAP NAP
6.09 Property   1 Outback Tucson NAP NAP NAP NAP NAP NAP NAP NAP
6.10 Property   1 BMO Harris Watertown NAP NAP NAP NAP NAP NAP NAP NAP
6.11 Property   1 Pick N’ Save Columbus NAP NAP NAP NAP NAP NAP NAP NAP
6.12 Property   1 BMO Harris Merrill NAP NAP NAP NAP NAP NAP NAP NAP
6.13 Property 41 1 Tractor Supply Eagle River NAP NAP NAP NAP NAP NAP NAP NAP
7 Loan 20, 42 1 Epic West Towne Crossing Conn’s 40,020 14.5% 12/31/2029 Ross Dress for Less 25,000 9.1% 1/31/2029
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix NAP NAP NAP NAP NAP NAP NAP NAP
9 Loan 9, 49 1 College Point BJ’s 119,500 36.1% 9/25/2023 P.C Richards & Son 32,786 9.9% 1/31/2029
10 Loan 50 1 Independence Lofts NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan 51 1 McCullough Commons Rockin Mini Golf, LLC 11,348 5.6% 3/31/2032 BE2 Corporation d/b/a Harold’s Chicken and Ice Bar 11,183 5.5% 2/29/2032
12 Loan 52 1 524 Courtlandt Maximus Inc 14,246 30.9% 12/31/2025 Golden Krust 3,300 7.1% 7/31/2031
13 Loan 53 1 Falls of Deer Park Apartments NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 54, 55 1 175 East 62nd Street Leased Fee NAP NAP NAP NAP NAP NAP NAP NAP
15 Loan 56, 57 1 Celeros Houston NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan   2 Greene Plaza and Chippewa Center                
16.01 Property   1 Chippewa Center Heritage Valley Health System 32,929 19.3% 2/28/2029 Body Mechanics Fitness 18,642 10.9% 4/30/2028
16.02 Property   1 Greene Plaza ALDI 17,378 14.0% 7/31/2023 City Mission 10,700 8.6% 2/28/2027
17 Loan 20, 42 1 Midlothian Towne Crossing Burke’s Outlet 20,000 13.6% 1/1/2028 Joann’s 15,000 10.2% 11/1/2026
18 Loan 58, 59 3 Paragon Films Sale-Leaseback                
18.01 Property   1 255W. Baab Industrial Park Drive NAP NAP NAP NAP NAP NAP NAP NAP
18.02 Property   1 915 Rose Street NAP NAP NAP NAP NAP NAP NAP NAP
18.03 Property   1 3500 West Tacoma Street NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 60, 61, 62 1 The Village Lofts NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48                
20.01 Property   1 Food4Less - Chicago Heights NAP NAP NAP NAP NAP NAP NAP NAP
20.02 Property   1 Walgreens - Bridgeview NAP NAP NAP NAP NAP NAP NAP NAP
20.03 Property   1 Walgreens - Alton NAP NAP NAP NAP NAP NAP NAP NAP
20.04 Property   1 Walgreens - Alexandria NAP NAP NAP NAP NAP NAP NAP NAP
20.05 Property   1 First Midwest Bank - DeKalb NAP NAP NAP NAP NAP NAP NAP NAP
20.06 Property   1 First Midwest Bank - Schaumburg NAP NAP NAP NAP NAP NAP NAP NAP
20.07 Property   1 Walgreens - Oklahoma City NAP NAP NAP NAP NAP NAP NAP NAP
20.08 Property   1 CVS - Zanesville NAP NAP NAP NAP NAP NAP NAP NAP
20.09 Property   1 CVS Pharmacy - Hagerstown NAP NAP NAP NAP NAP NAP NAP NAP
20.10 Property   1 Fresenius Medical Care - Lawrenceville NAP NAP NAP NAP NAP NAP NAP NAP
20.11 Property   1 First Midwest Bank - Joliet NAP NAP NAP NAP NAP NAP NAP NAP
20.12 Property   1 Memorial Health System - Decatur NAP NAP NAP NAP NAP NAP NAP NAP
20.13 Property   1 CVS - Decatur NAP NAP NAP NAP NAP NAP NAP NAP
20.14 Property   1 Verizon - Beloit NAP NAP NAP NAP NAP NAP NAP NAP
20.15 Property   1 Dollar Tree - Grimes NAP NAP NAP NAP NAP NAP NAP NAP
20.16 Property   1 Dollar General - Belle Chasse NAP NAP NAP NAP NAP NAP NAP NAP
20.17 Property   1 Sherwin Williams - Urbana NAP NAP NAP NAP NAP NAP NAP NAP
20.18 Property   1 Dollar General - Camden NAP NAP NAP NAP NAP NAP NAP NAP
20.19 Property   1 Dollar General - Thibodaux NAP NAP NAP NAP NAP NAP NAP NAP
20.20 Property   1 Dollar General - Houma NAP NAP NAP NAP NAP NAP NAP NAP
20.21 Property   1 Dollar General - South Bend NAP NAP NAP NAP NAP NAP NAP NAP
21 Loan   5 Veit Self Storage Portfolio                
21.01 Property   1 Prime Storage of Williamsburg NAP NAP NAP NAP NAP NAP NAP NAP
21.02 Property   1 Easy Does It NAP NAP NAP NAP NAP NAP NAP NAP
21.03 Property   1 Williamsburg Storage NAP NAP NAP NAP NAP NAP NAP NAP
21.04 Property   1 EZ Storage NAP NAP NAP NAP NAP NAP NAP NAP
21.05 Property   1 Climatrol Self Storage NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan 64 2 Tutor Perini Portfolio                
22.01 Property   1 11171 Cherry Avenue NAP NAP NAP NAP NAP NAP NAP NAP
22.02 Property   1 15901 Olden Street NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 65 1 Stockton Plaza Ross Dress for Less 26,280 21.6% 1/31/2031 Planet Fitness 22,200 18.2% 12/31/2024
24 Loan 66 1 931-955 Coney Island Avenue Christopher Achong 4,200 6.6% 4/15/2023 KAVKAZ Restaurant 3,500 5.5% 11/30/2022
25 Loan 67, 68 1 Centro Plaza Michaels 20,967 18.4% 2/28/2025 DSW Shoe Warehouse 17,032 15.0% 9/30/2025
26 Loan 69 1 BlueCross BlueShield Building NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 70 1 47-01 Queens Boulevard Roman Catholic Diocese 2,615 7.5% 4/30/2022 GMH Park, Inc. 2,590 7.4% 4/30/2022
28 Loan 42, 71, 72, 73 1 Summit Orchards Ross Dress for Less 22,000 26.5% 1/31/2032 ALDI 20,000 24.1% 6/30/2040
29 Loan   1 Redwood Waukee NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace Bookman’s 20,200 21.5% 11/30/2026 Walgreens (Ground Lease) 15,004 16.0% 3/14/2067
31 Loan 79, 80 1 800 Corporate Drive NAP NAP NAP NAP NAP NAP NAP NAP
32 Loan 81, 82 1 Staybridge Suites Bowling Green NAP NAP NAP NAP NAP NAP NAP NAP

A-1-19

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Second Largest Tenant Second Largest Tenant SF Second Largest Tenant % of NRA Second Largest Tenant Lease Expiration Date Third Largest Tenant Third Largest Tenant SF Third Largest Tenant % of NRA Third Largest Tenant Lease Expiration Date
                6       6
33 Loan   1 360 George Patterson Boulevard NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West NAP NAP NAP NAP NAP NAP NAP NAP
35 Loan   2 Peak & Perry Storage Portfolio                
35.01 Property   1 Peak Exit Storage NAP NAP NAP NAP NAP NAP NAP NAP
35.02 Property   1 Perry Parkway Storage NAP NAP NAP NAP NAP NAP NAP NAP
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two Tito LLC 5,800 9.0% 12/31/2023 I Fulfill You 4,000 6.2% 2/29/2024
37 Loan   1 Westlake Village Court Office J.G. Management 3,254 5.5% 7/30/2023 Wai & Conner, LLP 3,130 5.2% 12/31/2021
38 Loan   1 Arrowhead Center ND Pipeline Company LLC 12,766 15.7% 8/31/2023 Arrowhead Ace Hardware 7,240 8.9% 8/31/2028
39 Loan   1 28 East 38th Street NAP NAP NAP NAP NAP NAP NAP NAP
40 Loan   1 Chenal Woods Apartments NAP NAP NAP NAP NAP NAP NAP NAP
41 Loan 90, 91 1 1822 Sunset Boulevard Triple Beam 1,486 10.1% 6/20/2029 Super Rich (Triniti Cafe) 755 5.2% 6/30/2022
42 Loan   1 494 Jackson Avenue NAP NAP NAP NAP NAP NAP NAP NAP
43 Loan   1 Bay Oaks Apartments NAP NAP NAP NAP NAP NAP NAP NAP
44 Loan   1 5807 W 20th St NAP NAP NAP NAP NAP NAP NAP NAP
45 Loan   1 Walgreens Maricopa NAP NAP NAP NAP NAP NAP NAP NAP
46 Loan 92, 93 3 NNN Portfolio                
46.01 Property   1 Rite Aid - Wellington NAP NAP NAP NAP NAP NAP NAP NAP
46.02 Property   1 Dollar Tree - Monument NAP NAP NAP NAP NAP NAP NAP NAP
46.03 Property 94 1 Walgreens - Sylvania NAP NAP NAP NAP NAP NAP NAP NAP
47 Loan 95 1 Fayetteville Self Storage NAP NAP NAP NAP NAP NAP NAP NAP

A-1-20

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Fourth Largest Tenant Fourth Largest Tenant SF Fourth Largest Tenant % of NRA Fourth Largest Tenant Lease Expiration Date Fifth Largest Tenant Fifth Largest Tenant SF Fifth Largest Tenant % of NRA Fifth Largest Tenant Lease Expiration Date Environmental Phase I Report Date Environmental Phase II Report Date
                6       6    
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square Warby Parker 83,286 10.6% 1/31/2025 Juul Labs 54,068 6.9% 5/31/2032 6/18/2021 NAP
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First NAP NAP NAP NAP NAP NAP NAP NAP 6/25/2021 NAP
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe Align 34,186 11.1% 1/31/2027 Emcor 7,499 2.4% 6/30/2026 5/24/2021 NAP
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington NAP NAP NAP NAP NAP NAP NAP NAP 5/7/2021 NAP
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain IPIC Theaters 37,321 4.2% 1/31/2031 Forever 21 31,691 3.6% 1/31/2023 5/21/2021 NAP
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4                    
6.01 Property   1 Kohl’s Shelby NAP NAP NAP NAP NAP NAP NAP NAP 8/10/2021 NAP
6.02 Property 41 1 Pick N’ Save Eagle River NAP NAP NAP NAP NAP NAP NAP NAP 7/23/2021 NAP
6.03 Property   1 Walgreens Chicopee NAP NAP NAP NAP NAP NAP NAP NAP 7/14/2021 NAP
6.04 Property   1 Walgreens Oakland NAP NAP NAP NAP NAP NAP NAP NAP 7/23/2021 NAP
6.05 Property   1 Walgreens Siler City NAP NAP NAP NAP NAP NAP NAP NAP 7/13/2021 NAP
6.06 Property   1 Fresenius Chicago NAP NAP NAP NAP NAP NAP NAP NAP 7/15/2021 NAP
6.07 Property   1 Walgreens Potsdam NAP NAP NAP NAP NAP NAP NAP NAP 7/14/2021 NAP
6.08 Property   1 Outback Mesa NAP NAP NAP NAP NAP NAP NAP NAP 7/26/2021 NAP
6.09 Property   1 Outback Tucson NAP NAP NAP NAP NAP NAP NAP NAP 7/27/2021 NAP
6.10 Property   1 BMO Harris Watertown NAP NAP NAP NAP NAP NAP NAP NAP 7/16/2021 NAP
6.11 Property   1 Pick N’ Save Columbus NAP NAP NAP NAP NAP NAP NAP NAP 7/25/2021 NAP
6.12 Property   1 BMO Harris Merrill NAP NAP NAP NAP NAP NAP NAP NAP 7/15/2021 NAP
6.13 Property 41 1 Tractor Supply Eagle River NAP NAP NAP NAP NAP NAP NAP NAP 7/23/2021 NAP
7 Loan 20, 42 1 Epic West Towne Crossing HomeGoods 22,000 8.0% 5/31/2029 Michaels 21,226 7.7% 2/28/2029 7/22/2021 NAP
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix NAP NAP NAP NAP NAP NAP NAP NAP 7/20/2021 NAP
9 Loan 9, 49 1 College Point TJ Maxx 32,768 9.9% 11/30/2023 Buffalo Wild Wings 6,180 1.9% 8/31/2028 4/29/2021 NAP
10 Loan 50 1 Independence Lofts NAP NAP NAP NAP NAP NAP NAP NAP 5/12/2021 NAP
11 Loan 51 1 McCullough Commons FedEx Office and Print Svc 6,668 3.3% 5/31/2023 Iora Health, Inc. 6,411 3.2% 5/31/2030 6/30/2021 NAP
12 Loan 52 1 524 Courtlandt Wingstop 1,600 3.5% 9/30/2035 Tropilyz 1,600 3.5% 4/30/2040 7/22/2021 NAP
13 Loan 53 1 Falls of Deer Park Apartments NAP NAP NAP NAP NAP NAP NAP NAP 3/30/2021 NAP
14 Loan 54, 55 1 175 East 62nd Street Leased Fee NAP NAP NAP NAP NAP NAP NAP NAP 6/2/2021 NAP
15 Loan 56, 57 1 Celeros Houston NAP NAP NAP NAP NAP NAP NAP NAP 8/27/2021 6/11/2021
16 Loan   2 Greene Plaza and Chippewa Center                    
16.01 Property   1 Chippewa Center ALDI 17,730 10.4% 10/31/2026 CVS Pharmacy 11,945 7.0% 1/31/2034 5/26/2021 NAP
16.02 Property   1 Greene Plaza Washington Health System 10,240 8.2% 3/31/2026 Dept of Public Welfare 9,842 7.9% 11/30/2031 5/26/2021 NAP
17 Loan 20, 42 1 Midlothian Towne Crossing Petco 12,500 8.5% 1/1/2029 Ulta 10,005 6.8% 11/1/2027 7/22/2021 NAP
18 Loan 58, 59 3 Paragon Films Sale-Leaseback                    
18.01 Property   1 255W. Baab Industrial Park Drive NAP NAP NAP NAP NAP NAP NAP NAP 6/2/2021 NAP
18.02 Property   1 915 Rose Street NAP NAP NAP NAP NAP NAP NAP NAP 6/2/2021 NAP
18.03 Property   1 3500 West Tacoma Street NAP NAP NAP NAP NAP NAP NAP NAP 6/2/2021 NAP
19 Loan 60, 61, 62 1 The Village Lofts NAP NAP NAP NAP NAP NAP NAP NAP 6/2/2021 NAP
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48                    
20.01 Property   1 Food4Less - Chicago Heights NAP NAP NAP NAP NAP NAP NAP NAP 3/1/2021 NAP
20.02 Property   1 Walgreens - Bridgeview NAP NAP NAP NAP NAP NAP NAP NAP 5/10/2021 NAP
20.03 Property   1 Walgreens - Alton NAP NAP NAP NAP NAP NAP NAP NAP 6/8/2021 NAP
20.04 Property   1 Walgreens - Alexandria NAP NAP NAP NAP NAP NAP NAP NAP 5/21/2021 NAP
20.05 Property   1 First Midwest Bank - DeKalb NAP NAP NAP NAP NAP NAP NAP NAP 5/11/2021 6/10/2021
20.06 Property   1 First Midwest Bank - Schaumburg NAP NAP NAP NAP NAP NAP NAP NAP 5/11/2021 NAP
20.07 Property   1 Walgreens - Oklahoma City NAP NAP NAP NAP NAP NAP NAP NAP 5/27/2021 NAP
20.08 Property   1 CVS - Zanesville NAP NAP NAP NAP NAP NAP NAP NAP 5/19/2021 NAP
20.09 Property   1 CVS Pharmacy - Hagerstown NAP NAP NAP NAP NAP NAP NAP NAP 6/3/2021 NAP
20.10 Property   1 Fresenius Medical Care - Lawrenceville NAP NAP NAP NAP NAP NAP NAP NAP 5/20/2021 NAP
20.11 Property   1 First Midwest Bank - Joliet NAP NAP NAP NAP NAP NAP NAP NAP 5/12/2021 NAP
20.12 Property   1 Memorial Health System - Decatur NAP NAP NAP NAP NAP NAP NAP NAP 5/28/2021 NAP
20.13 Property   1 CVS - Decatur NAP NAP NAP NAP NAP NAP NAP NAP 6/11/2021 NAP
20.14 Property   1 Verizon - Beloit NAP NAP NAP NAP NAP NAP NAP NAP 6/4/2021 NAP
20.15 Property   1 Dollar Tree - Grimes NAP NAP NAP NAP NAP NAP NAP NAP 3/22/2021 NAP
20.16 Property   1 Dollar General - Belle Chasse NAP NAP NAP NAP NAP NAP NAP NAP 5/27/2021 NAP
20.17 Property   1 Sherwin Williams - Urbana NAP NAP NAP NAP NAP NAP NAP NAP 5/28/2021 NAP
20.18 Property   1 Dollar General - Camden NAP NAP NAP NAP NAP NAP NAP NAP 3/30/2021 NAP
20.19 Property   1 Dollar General - Thibodaux NAP NAP NAP NAP NAP NAP NAP NAP 5/28/2021 NAP
20.20 Property   1 Dollar General - Houma NAP NAP NAP NAP NAP NAP NAP NAP 5/28/2021 NAP
20.21 Property   1 Dollar General - South Bend NAP NAP NAP NAP NAP NAP NAP NAP 4/30/2021 NAP
21 Loan   5 Veit Self Storage Portfolio                    
21.01 Property   1 Prime Storage of Williamsburg NAP NAP NAP NAP NAP NAP NAP NAP 3/17/2021 NAP
21.02 Property   1 Easy Does It NAP NAP NAP NAP NAP NAP NAP NAP 3/18/2021 NAP
21.03 Property   1 Williamsburg Storage NAP NAP NAP NAP NAP NAP NAP NAP 3/18/2021 NAP
21.04 Property   1 EZ Storage NAP NAP NAP NAP NAP NAP NAP NAP 3/18/2021 NAP
21.05 Property   1 Climatrol Self Storage NAP NAP NAP NAP NAP NAP NAP NAP 3/17/2021 NAP
22 Loan 64 2 Tutor Perini Portfolio                    
22.01 Property   1 11171 Cherry Avenue NAP NAP NAP NAP NAP NAP NAP NAP 5/26/2021 NAP
22.02 Property   1 15901 Olden Street NAP NAP NAP NAP NAP NAP NAP NAP 5/26/2021 NAP
23 Loan 65 1 Stockton Plaza Aaron’s Rentals 12,420 10.2% 6/30/2026 Access Dental 4,861 4.0% 4/30/2023 8/11/2021 NAP
24 Loan 66 1 931-955 Coney Island Avenue Humdard Pharmacy 3,500 5.5% 10/31/2030 Atlantic Cardiovascular 2,500 3.9% MTM 8/3/2021 NAP
25 Loan 67, 68 1 Centro Plaza Five Below 9,418 8.3% 1/31/2030 MW Climbing LLC 7,684 6.8% 6/30/2031 6/18/2021 NAP
26 Loan 69 1 BlueCross BlueShield Building NAP NAP NAP NAP NAP NAP NAP NAP 6/15/2021 NAP
27 Loan 70 1 47-01 Queens Boulevard Veteran Affairs 2,505 7.2% 9/30/2023 Dr. Arthur Volker 2,265 6.5% 11/30/2025 5/28/2021 NAP
28 Loan 42, 71, 72, 73 1 Summit Orchards Five Below 8,217 9.9% 1/31/2031 Petland 3,600 4.3% 5/31/2031 5/25/2021 NAP
29 Loan   1 Redwood Waukee NAP NAP NAP NAP NAP NAP NAP NAP 7/5/2021 NAP
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace Academy of Beauty 10,000 10.6% 6/30/2022 Hobby Bench 4,458 4.7% 5/31/2024 6/3/2021 NAP
31 Loan 79, 80 1 800 Corporate Drive NAP NAP NAP NAP NAP NAP NAP NAP 6/17/2021 NAP
32 Loan 81, 82 1 Staybridge Suites Bowling Green NAP NAP NAP NAP NAP NAP NAP NAP 6/21/2021 NAP

A-1-21

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Fourth Largest Tenant Fourth Largest Tenant SF Fourth Largest Tenant % of NRA Fourth Largest Tenant Lease Expiration Date Fifth Largest Tenant Fifth Largest Tenant SF Fifth Largest Tenant % of NRA Fifth Largest Tenant Lease Expiration Date Environmental Phase I Report Date Environmental Phase II Report Date
                6       6    
33 Loan   1 360 George Patterson Boulevard NAP NAP NAP NAP NAP NAP NAP NAP 3/16/2021 NAP
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West NAP NAP NAP NAP NAP NAP NAP NAP 7/6/2021 NAP
35 Loan   2 Peak & Perry Storage Portfolio                    
35.01 Property   1 Peak Exit Storage NAP NAP NAP NAP NAP NAP NAP NAP 6/17/2021 NAP
35.02 Property   1 Perry Parkway Storage NAP NAP NAP NAP NAP NAP NAP NAP 6/23/2021 NAP
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two Amberleaf Cabinetry 3,800 5.9% 1/31/2025 By Kiy LLC 3,700 5.7% 7/31/2025 6/17/2021 NAP
37 Loan   1 Westlake Village Court Office Lang Wealth Management, LLC 2,834 4.8% 1/31/2024 RK Accountancy Group 2,692 4.5% 11/30/2024 7/16/2021 NAP
38 Loan   1 Arrowhead Center Northland Health Partners Comm. 4,996 6.1% 2/29/2024 Modern Dental 4,665 5.7% 11/30/2022 7/30/2021 NAP
39 Loan   1 28 East 38th Street NAP NAP NAP NAP NAP NAP NAP NAP 8/2/2021 NAP
40 Loan   1 Chenal Woods Apartments NAP NAP NAP NAP NAP NAP NAP NAP 6/8/2021 NAP
41 Loan 90, 91 1 1822 Sunset Boulevard Genero Neutral 417 2.8% 10/31/2025 NAP NAP NAP NAP 10/29/2019 NAP
42 Loan   1 494 Jackson Avenue NAP NAP NAP NAP NAP NAP NAP NAP 7/28/2021 NAP
43 Loan   1 Bay Oaks Apartments NAP NAP NAP NAP NAP NAP NAP NAP 8/6/2021 NAP
44 Loan   1 5807 W 20th St NAP NAP NAP NAP NAP NAP NAP NAP 7/12/2021 NAP
45 Loan   1 Walgreens Maricopa NAP NAP NAP NAP NAP NAP NAP NAP 8/9/2021 NAP
46 Loan 92, 93 3 NNN Portfolio                    
46.01 Property   1 Rite Aid - Wellington NAP NAP NAP NAP NAP NAP NAP NAP 7/7/2021 NAP
46.02 Property   1 Dollar Tree - Monument NAP NAP NAP NAP NAP NAP NAP NAP 7/7/2021 NAP
46.03 Property 94 1 Walgreens - Sylvania NAP NAP NAP NAP NAP NAP NAP NAP 7/7/2021 NAP
47 Loan 95 1 Fayetteville Self Storage NAP NAP NAP NAP NAP NAP NAP NAP 6/10/2021 8/19/2021

A-1-22

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Engineering Report Date Seismic Report Date PML or SEL (%) Flood Zone Ownership Interest Ground Lease Expiration Date Ground Lease Extension Terms Annual Ground Lease Payment as of the Cut-off Date ($) Annual Ground Rent Increases (Y/N) Upfront RE Tax Reserve ($)
                             
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square 6/18/2021 NAP NAP No Fee NAP NAP NAP NAP 0
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First 6/25/2021 6/25/2021 12% Yes - AE Fee NAP NAP NAP NAP 0
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe 5/21/2021 NAP NAP No Leasehold Various None 20 No 0
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington 7/9/2021 NAP NAP Yes - AE Fee NAP NAP NAP NAP 217,423
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain 5/24/2021 NAP NAP No Fee NAP NAP NAP NAP 0
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4                   44,774
6.01 Property   1 Kohl’s Shelby 8/2/2021 NAP NAP No Fee NAP NAP NAP NAP  
6.02 Property 41 1 Pick N’ Save Eagle River 7/26/2021 NAP NAP No Fee NAP NAP NAP NAP  
6.03 Property   1 Walgreens Chicopee 7/14/2021 NAP NAP No Fee NAP NAP NAP NAP  
6.04 Property   1 Walgreens Oakland 7/23/2021 NAP NAP No Fee NAP NAP NAP NAP  
6.05 Property   1 Walgreens Siler City 7/13/2021 NAP NAP No Fee NAP NAP NAP NAP  
6.06 Property   1 Fresenius Chicago 7/15/2021 NAP NAP No Fee NAP NAP NAP NAP  
6.07 Property   1 Walgreens Potsdam 7/14/2021 NAP NAP No Fee NAP NAP NAP NAP  
6.08 Property   1 Outback Mesa 7/26/2021 NAP NAP No Fee NAP NAP NAP NAP  
6.09 Property   1 Outback Tucson 7/23/2021 NAP NAP No Fee NAP NAP NAP NAP  
6.10 Property   1 BMO Harris Watertown 7/22/2021 NAP NAP No Fee NAP NAP NAP NAP  
6.11 Property   1 Pick N’ Save Columbus 7/26/2021 NAP NAP No Fee NAP NAP NAP NAP  
6.12 Property   1 BMO Harris Merrill 7/20/2021 NAP NAP No Fee NAP NAP NAP NAP  
6.13 Property 41 1 Tractor Supply Eagle River 7/26/2021 NAP NAP No Fee NAP NAP NAP NAP  
7 Loan 20, 42 1 Epic West Towne Crossing 7/22/2021 NAP NAP Yes - AE Fee NAP NAP NAP NAP 742,464
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix 6/22/2021 NAP NAP Yes - AE Fee / Leasehold NAV None 0 No 151,019
9 Loan 9, 49 1 College Point 4/29/2021 NAP NAP Yes - AE Fee NAP NAP NAP NAP 0
10 Loan 50 1 Independence Lofts 5/5/2021 NAP NAP No Fee NAP NAP NAP NAP 33,722
11 Loan 51 1 McCullough Commons 7/1/2021 NAP NAP No Fee NAP NAP NAP NAP 432,199
12 Loan 52 1 524 Courtlandt 7/22/2021 NAP NAP No Fee NAP NAP NAP NAP 108,046
13 Loan 53 1 Falls of Deer Park Apartments 3/30/2021 NAP NAP Yes - AE Fee NAP NAP NAP NAP 233,939
14 Loan 54, 55 1 175 East 62nd Street Leased Fee NAP NAP NAP No Fee 11/30/2030 6, 10-year extension options and 1, 9-year extension option 2,463,544 Yes 0
15 Loan 56, 57 1 Celeros Houston 8/20/2021 NAP NAP No Fee NAP NAP NAP NAP 0
16 Loan   2 Greene Plaza and Chippewa Center                   86,511
16.01 Property   1 Chippewa Center 5/26/2021 NAP NAP No Fee NAP NAP NAP NAP  
16.02 Property   1 Greene Plaza 5/26/2021 NAP NAP No Fee NAP NAP NAP NAP  
17 Loan 20, 42 1 Midlothian Towne Crossing 7/22/2021 NAP NAP No Fee NAP NAP NAP NAP 470,955
18 Loan 58, 59 3 Paragon Films Sale-Leaseback                   0
18.01 Property   1 255W. Baab Industrial Park Drive 6/2/2021 NAP NAP No Fee NAP NAP NAP NAP  
18.02 Property   1 915 Rose Street 6/2/2021 5/25/2021 <5% No Fee NAP NAP NAP NAP  
18.03 Property   1 3500 West Tacoma Street 6/2/2021 NAP NAP No Fee NAP NAP NAP NAP  
19 Loan 60, 61, 62 1 The Village Lofts 6/1/2021 NAP NAP No Fee NAP NAP NAP NAP 32,266
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48                   140,097
20.01 Property   1 Food4Less - Chicago Heights 1/6/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.02 Property   1 Walgreens - Bridgeview 5/10/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.03 Property   1 Walgreens - Alton 6/3/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.04 Property   1 Walgreens - Alexandria 5/21/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.05 Property   1 First Midwest Bank - DeKalb 5/11/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.06 Property   1 First Midwest Bank - Schaumburg 5/11/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.07 Property   1 Walgreens - Oklahoma City 5/24/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.08 Property   1 CVS - Zanesville 5/19/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.09 Property   1 CVS Pharmacy - Hagerstown 6/7/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.10 Property   1 Fresenius Medical Care - Lawrenceville 5/20/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.11 Property   1 First Midwest Bank - Joliet 5/13/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.12 Property   1 Memorial Health System - Decatur 5/28/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.13 Property   1 CVS - Decatur 6/7/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.14 Property   1 Verizon - Beloit 6/3/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.15 Property   1 Dollar Tree - Grimes 3/22/2021 NAP NAP Yes - AE Fee NAP NAP NAP NAP  
20.16 Property   1 Dollar General - Belle Chasse 5/26/2021 NAP NAP Yes - AE Fee NAP NAP NAP NAP  
20.17 Property   1 Sherwin Williams - Urbana 5/28/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.18 Property   1 Dollar General - Camden 3/30/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.19 Property   1 Dollar General - Thibodaux 5/28/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.20 Property   1 Dollar General - Houma 5/28/2021 NAP NAP No Fee NAP NAP NAP NAP  
20.21 Property   1 Dollar General - South Bend 4/30/2021 NAP NAP No Fee NAP NAP NAP NAP  
21 Loan   5 Veit Self Storage Portfolio                   48,243
21.01 Property   1 Prime Storage of Williamsburg 3/17/2021 NAP NAP No Fee NAP NAP NAP NAP  
21.02 Property   1 Easy Does It 3/17/2021 NAP NAP No Fee NAP NAP NAP NAP  
21.03 Property   1 Williamsburg Storage 3/17/2021 NAP NAP No Fee NAP NAP NAP NAP  
21.04 Property   1 EZ Storage 3/17/2021 NAP NAP No Fee NAP NAP NAP NAP  
21.05 Property   1 Climatrol Self Storage 3/17/2021 NAP NAP No Fee NAP NAP NAP NAP  
22 Loan 64 2 Tutor Perini Portfolio                   0
22.01 Property   1 11171 Cherry Avenue 5/26/2021 5/26/2021 8% No Fee NAP NAP NAP NAP  
22.02 Property   1 15901 Olden Street 5/26/2021 5/26/2021 13% No Fee NAP NAP NAP NAP  
23 Loan 65 1 Stockton Plaza 8/11/2021 8/11/2021 8% No Fee NAP NAP NAP NAP 75,744
24 Loan 66 1 931-955 Coney Island Avenue 7/30/2021 NAP NAP No Fee NAP NAP NAP NAP 58,358
25 Loan 67, 68 1 Centro Plaza 6/17/2021 NAP NAP No Fee NAP NAP NAP NAP 216,729
26 Loan 69 1 BlueCross BlueShield Building 6/15/2021 NAP NAP No Fee NAP NAP NAP NAP 0
27 Loan 70 1 47-01 Queens Boulevard 5/28/2021 NAP NAP No Fee NAP NAP NAP NAP 92,614
28 Loan 42, 71, 72, 73 1 Summit Orchards 5/24/2021 NAP NAP No Fee NAP NAP NAP NAP 272,190
29 Loan   1 Redwood Waukee 7/21/2021 NAP NAP No Fee NAP NAP NAP NAP 232,000
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace 6/3/2021 NAP NAP No Fee NAP NAP NAP NAP 91,301
31 Loan 79, 80 1 800 Corporate Drive 6/17/2021 NAP NAP No Fee NAP NAP NAP NAP 15,477
32 Loan 81, 82 1 Staybridge Suites Bowling Green 6/21/2021 NAP NAP No Fee / Leasehold 12/31/2023 None 0 No 34,495

A-1-23

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Engineering Report Date Seismic Report Date PML or SEL (%) Flood Zone Ownership Interest Ground Lease Expiration Date Ground Lease Extension Terms Annual Ground Lease Payment as of the Cut-off Date ($) Annual Ground Rent Increases (Y/N) Upfront RE Tax Reserve ($)
                             
33 Loan   1 360 George Patterson Boulevard 3/16/2021 NAP NAP No Fee NAP NAP NAP NAP 0
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West 7/2/2021 NAP NAP No Fee NAP NAP NAP NAP 138,296
35 Loan   2 Peak & Perry Storage Portfolio                   57,478
35.01 Property   1 Peak Exit Storage 6/16/2021 NAP NAP No Fee NAP NAP NAP NAP  
35.02 Property   1 Perry Parkway Storage 6/24/2021 NAP NAP No Fee NAP NAP NAP NAP  
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two 6/11/2021 NAP NAP Yes - AE Fee NAP NAP NAP NAP 14,687
37 Loan   1 Westlake Village Court Office 7/16/2021 7/15/2021 17% No Fee NAP NAP NAP NAP 81,605
38 Loan   1 Arrowhead Center 7/7/2021 NAP NAP No Fee NAP NAP NAP NAP 64,662
39 Loan   1 28 East 38th Street 8/2/2021 NAP NAP No Fee NAP NAP NAP NAP 62,010
40 Loan   1 Chenal Woods Apartments 6/8/2021 NAP NAP No Fee NAP NAP NAP NAP 0
41 Loan 90, 91 1 1822 Sunset Boulevard 3/4/2020 10/4/2019 35% No Fee NAP NAP NAP NAP 0
42 Loan   1 494 Jackson Avenue 7/28/2021 NAP NAP No Fee NAP NAP NAP NAP 1,127
43 Loan   1 Bay Oaks Apartments 8/6/2021 NAP NAP No Fee NAP NAP NAP NAP 55,292
44 Loan   1 5807 W 20th St 7/12/2021 NAP NAP No Fee NAP NAP NAP NAP 26,126
45 Loan   1 Walgreens Maricopa 8/6/2021 NAP NAP No Fee NAP NAP NAP NAP 0
46 Loan 92, 93 3 NNN Portfolio                   7,503
46.01 Property   1 Rite Aid - Wellington 7/7/2021 NAP NAP No Fee NAP NAP NAP NAP  
46.02 Property   1 Dollar Tree - Monument 7/7/2021 NAP NAP No Fee NAP NAP NAP NAP  
46.03 Property 94 1 Walgreens - Sylvania 7/7/2021 NAP NAP No Fee NAP NAP NAP NAP  
47 Loan 95 1 Fayetteville Self Storage 6/14/2021 NAP NAP No Fee NAP NAP NAP NAP 14,131

A-1-24

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Monthly RE Tax Reserve ($) Upfront Insurance Reserve ($) Monthly Insurance Reserve ($) Upfront Replacement / PIP Reserve ($) Monthly Replacement / FF&E Reserve ($) Replacement Reserve Caps ($) Upfront TI/LC Reserve ($) Monthly TI/LC Reserve ($)
                         
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square Springing 0 Springing 0 Springing 150,000 0 Springing
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First Springing 0 Springing 0 0 0 0 0
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe 0 65,432 9,347 0 5,153 126,670 3,210,045 Springing
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington 140,123 0 Springing 0 8,489 0 0 0
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain Springing 0 Springing 0 Springing 265,968 0 Springing
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 22,387 20,831 3,472 805,000 Springing 0 0 1,591
6.01 Property   1 Kohl’s Shelby                
6.02 Property 41 1 Pick N’ Save Eagle River                
6.03 Property   1 Walgreens Chicopee                
6.04 Property   1 Walgreens Oakland                
6.05 Property   1 Walgreens Siler City                
6.06 Property   1 Fresenius Chicago                
6.07 Property   1 Walgreens Potsdam                
6.08 Property   1 Outback Mesa                
6.09 Property   1 Outback Tucson                
6.10 Property   1 BMO Harris Watertown                
6.11 Property   1 Pick N’ Save Columbus                
6.12 Property   1 BMO Harris Merrill                
6.13 Property 41 1 Tractor Supply Eagle River                
7 Loan 20, 42 1 Epic West Towne Crossing 82,496 11,642 11,642 3,452 3,452 0 23,013 23,013
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix 21,574 98,880 49,440 6,196,731 2,357 0 0 10,684
9 Loan 9, 49 1 College Point Springing 0 Springing 0 0 0 0 17,936
10 Loan 50 1 Independence Lofts 4,817 33,510 6,702 0 2,072 0 0 Springing
11 Loan 51 1 McCullough Commons 39,291 0 Springing 250,000 5,291 0 0 20,214
12 Loan 52 1 524 Courtlandt 27,012 11,045 5,523 0 1,308 0 0 6,555
13 Loan 53 1 Falls of Deer Park Apartments 29,242 61,398 6,623 0 11,025 0 0 0
14 Loan 54, 55 1 175 East 62nd Street Leased Fee Springing 0 Springing 0 0 0 0 0
15 Loan 56, 57 1 Celeros Houston Springing 0 Springing 0 Springing 0 0 0
16 Loan   2 Greene Plaza and Chippewa Center 32,534 0 Springing 3,686 3,686 0 500,000 Springing
16.01 Property   1 Chippewa Center                
16.02 Property   1 Greene Plaza                
17 Loan 20, 42 1 Midlothian Towne Crossing 52,328 6,485 6,485 1,840 1,840 0 12,263 12,263
18 Loan 58, 59 3 Paragon Films Sale-Leaseback Springing 0 Springing 0 Springing 101,988 0 Springing
18.01 Property   1 255W. Baab Industrial Park Drive                
18.02 Property   1 915 Rose Street                
18.03 Property   1 3500 West Tacoma Street                
19 Loan 60, 61, 62 1 The Village Lofts 8,066 0 Springing 2,483 2,483 112,000 0 0
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 35,024 0 Springing 364,880 2,444 0 500,000 Springing
20.01 Property   1 Food4Less - Chicago Heights                
20.02 Property   1 Walgreens - Bridgeview                
20.03 Property   1 Walgreens - Alton                
20.04 Property   1 Walgreens - Alexandria                
20.05 Property   1 First Midwest Bank - DeKalb                
20.06 Property   1 First Midwest Bank - Schaumburg                
20.07 Property   1 Walgreens - Oklahoma City                
20.08 Property   1 CVS - Zanesville                
20.09 Property   1 CVS Pharmacy - Hagerstown                
20.10 Property   1 Fresenius Medical Care - Lawrenceville                
20.11 Property   1 First Midwest Bank - Joliet                
20.12 Property   1 Memorial Health System - Decatur                
20.13 Property   1 CVS - Decatur                
20.14 Property   1 Verizon - Beloit                
20.15 Property   1 Dollar Tree - Grimes                
20.16 Property   1 Dollar General - Belle Chasse                
20.17 Property   1 Sherwin Williams - Urbana                
20.18 Property   1 Dollar General - Camden                
20.19 Property   1 Dollar General - Thibodaux                
20.20 Property   1 Dollar General - Houma                
20.21 Property   1 Dollar General - South Bend                
21 Loan   5 Veit Self Storage Portfolio 16,081 0 Springing 57,962 1,993 0 0 0
21.01 Property   1 Prime Storage of Williamsburg                
21.02 Property   1 Easy Does It                
21.03 Property   1 Williamsburg Storage                
21.04 Property   1 EZ Storage                
21.05 Property   1 Climatrol Self Storage                
22 Loan 64 2 Tutor Perini Portfolio Springing 0 Springing 0 Springing 0 0 Springing
22.01 Property   1 11171 Cherry Avenue                
22.02 Property   1 15901 Olden Street                
23 Loan 65 1 Stockton Plaza 12,624 0 Springing 0 2,031 100,000 158,819 5,077
24 Loan 66 1 931-955 Coney Island Avenue 14,589 11,615 2,904 0 1,542 0 0 2,372
25 Loan 67, 68 1 Centro Plaza 21,673 0 Springing 55,637 2,560 122,863 200,000 10,833
26 Loan 69 1 BlueCross BlueShield Building Springing 2,346 2,436 1,705 1,720 61,934 0 0
27 Loan 70 1 47-01 Queens Boulevard 23,154 0 Springing 0 1,517 0 250,000 5,833
28 Loan 42, 71, 72, 73 1 Summit Orchards 27,219 0 Springing 1,009 1,009 36,312 3,461 3,461
29 Loan   1 Redwood Waukee 14,724 0 Springing 0 1,217 43,800 0 0
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace 15,217 10,632 2,658 0 1,176 0 275,000 5,330
31 Loan 79, 80 1 800 Corporate Drive 15,054 7,706 3,853 0 1,405 0 0 5,268
32 Loan 81, 82 1 Staybridge Suites Bowling Green 4,312 42,135 4,213 0 4% of Gross Revenue 0 0 0

A-1-25

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Monthly RE Tax Reserve ($) Upfront Insurance Reserve ($) Monthly Insurance Reserve ($) Upfront Replacement / PIP Reserve ($) Monthly Replacement / FF&E Reserve ($) Replacement Reserve Caps ($) Upfront TI/LC Reserve ($) Monthly TI/LC Reserve ($)
                         
33 Loan   1 360 George Patterson Boulevard Springing 0 Springing 0 Springing 11,393 0 Springing
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West 12,956 22,974 2,872 0 (i) for the first 24 payment dates, 2% of Gross Income, (ii) for the next 12 payment dates, 3% of Gross Income, (iii) thereafter, 4% of Gross Income 0 0 0
35 Loan   2 Peak & Perry Storage Portfolio 7,185 0 Springing 0 1,034 0 0 540
35.01 Property   1 Peak Exit Storage                
35.02 Property   1 Perry Parkway Storage                
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two 7,343 13,784 4,595 0 2,413 0 75,000 Springing
37 Loan   1 Westlake Village Court Office 13,601 3,964 1,982 0 1,044 0 50,000 5,057
38 Loan   1 Arrowhead Center 9,238 0 Springing 0 1,532 0 0 5,092
39 Loan   1 28 East 38th Street 15,502 0 Springing 0 560 0 0 0
40 Loan   1 Chenal Woods Apartments 8,507 0 Springing 0 938 0 0 0
41 Loan 90, 91 1 1822 Sunset Boulevard 1,623 47,136 3,928 0 550 0 0 1,832
42 Loan   1 494 Jackson Avenue 94 8,114 738 0 333 0 0 0
43 Loan   1 Bay Oaks Apartments 7,899 2,807 1,404 0 2,258 0 0 0
44 Loan   1 5807 W 20th St 5,225 192 96 0 394 0 0 Springing
45 Loan   1 Walgreens Maricopa Springing 0 Springing 0 Springing 0 0 0
46 Loan 92, 93 3 NNN Portfolio 1,501 0 Springing 0 487 29,230 0 2,353
46.01 Property   1 Rite Aid - Wellington                
46.02 Property   1 Dollar Tree - Monument                
46.03 Property 94 1 Walgreens - Sylvania                
47 Loan 95 1 Fayetteville Self Storage 4,710 0 Springing 300,000 1,412 0 0 Springing

A-1-26

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name TI/LC Caps ($) Upfront Debt Service Reserve ($) Monthly Debt Service Reserve ($) Debt Service Reserve Cap ($) Upfront Deferred Maintenance Reserve ($) Upfront Other Reserve ($) Monthly Other Reserve ($)
                       
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square 1,500,000 0 0 0 0 0 0
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First 0 0 0 0 0 0 0
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe 927,528 0 0 0 0 3,403,296 0
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington 0 0 0 0 0 8,000,000 Springing
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain 2,659,584 0 0 0 0 6,912,288 Springing
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 0 0 0 0 0 0 0
6.01 Property   1 Kohl’s Shelby              
6.02 Property 41 1 Pick N’ Save Eagle River              
6.03 Property   1 Walgreens Chicopee              
6.04 Property   1 Walgreens Oakland              
6.05 Property   1 Walgreens Siler City              
6.06 Property   1 Fresenius Chicago              
6.07 Property   1 Walgreens Potsdam              
6.08 Property   1 Outback Mesa              
6.09 Property   1 Outback Tucson              
6.10 Property   1 BMO Harris Watertown              
6.11 Property   1 Pick N’ Save Columbus              
6.12 Property   1 BMO Harris Merrill              
6.13 Property 41 1 Tractor Supply Eagle River              
7 Loan 20, 42 1 Epic West Towne Crossing 1,380,785 0 0 0 0 753,457 0
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix 0 0 0 0 0 8,000,000 0
9 Loan 9, 49 1 College Point 0 0 0 0 0 0 0
10 Loan 50 1 Independence Lofts 0 500,000 0 0 0 0 0
11 Loan 51 1 McCullough Commons 727,708 517,275 0 0 46,875 449,184 Springing
12 Loan 52 1 524 Courtlandt 235,967 0 0 0 0 290,207 Springing
13 Loan 53 1 Falls of Deer Park Apartments 0 0 0 0 7,094 470,000 0
14 Loan 54, 55 1 175 East 62nd Street Leased Fee 0 0 0 0 0 0 0
15 Loan 56, 57 1 Celeros Houston 0 0 0 0 0 0 0
16 Loan   2 Greene Plaza and Chippewa Center 500,000 0 0 0 335,335 0 0
16.01 Property   1 Chippewa Center              
16.02 Property   1 Greene Plaza              
17 Loan 20, 42 1 Midlothian Towne Crossing 735,805 0 0 0 0 325,431 0
18 Loan 58, 59 3 Paragon Films Sale-Leaseback 169,992 0 0 0 0 0 0
18.01 Property   1 255W. Baab Industrial Park Drive              
18.02 Property   1 915 Rose Street              
18.03 Property   1 3500 West Tacoma Street              
19 Loan 60, 61, 62 1 The Village Lofts 0 0 0 0 0 0 Springing
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 0 0 0 0 84,813 0 0
20.01 Property   1 Food4Less - Chicago Heights              
20.02 Property   1 Walgreens - Bridgeview              
20.03 Property   1 Walgreens - Alton              
20.04 Property   1 Walgreens - Alexandria              
20.05 Property   1 First Midwest Bank - DeKalb              
20.06 Property   1 First Midwest Bank - Schaumburg              
20.07 Property   1 Walgreens - Oklahoma City              
20.08 Property   1 CVS - Zanesville              
20.09 Property   1 CVS Pharmacy - Hagerstown              
20.10 Property   1 Fresenius Medical Care - Lawrenceville              
20.11 Property   1 First Midwest Bank - Joliet              
20.12 Property   1 Memorial Health System - Decatur              
20.13 Property   1 CVS - Decatur              
20.14 Property   1 Verizon - Beloit              
20.15 Property   1 Dollar Tree - Grimes              
20.16 Property   1 Dollar General - Belle Chasse              
20.17 Property   1 Sherwin Williams - Urbana              
20.18 Property   1 Dollar General - Camden              
20.19 Property   1 Dollar General - Thibodaux              
20.20 Property   1 Dollar General - Houma              
20.21 Property   1 Dollar General - South Bend              
21 Loan   5 Veit Self Storage Portfolio 0 0 0 0 15,094 75,000 0
21.01 Property   1 Prime Storage of Williamsburg              
21.02 Property   1 Easy Does It              
21.03 Property   1 Williamsburg Storage              
21.04 Property   1 EZ Storage              
21.05 Property   1 Climatrol Self Storage              
22 Loan 64 2 Tutor Perini Portfolio 0 0 0 0 0 0 0
22.01 Property   1 11171 Cherry Avenue              
22.02 Property   1 15901 Olden Street              
23 Loan 65 1 Stockton Plaza 185,000 0 0 0 0 38,131 0
24 Loan 66 1 931-955 Coney Island Avenue 0 0 0 0 27,438 304,386 0
25 Loan 67, 68 1 Centro Plaza 775,000 0 0 0 188,629 0 0
26 Loan 69 1 BlueCross BlueShield Building 0 0 0 0 8,250 0 0
27 Loan 70 1 47-01 Queens Boulevard 500,000 0 0 0 0 0 0
28 Loan 42, 71, 72, 73 1 Summit Orchards 207,650 0 0 0 0 223,740 0
29 Loan   1 Redwood Waukee 0 0 0 0 0 0 0
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace 475,000 0 0 0 0 80,000 Springing
31 Loan 79, 80 1 800 Corporate Drive 610,000 0 0 0 0 0 Springing
32 Loan 81, 82 1 Staybridge Suites Bowling Green 0 295,386 0 0 0 630,000 2,500

A-1-27

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name TI/LC Caps ($) Upfront Debt Service Reserve ($) Monthly Debt Service Reserve ($) Debt Service Reserve Cap ($) Upfront Deferred Maintenance Reserve ($) Upfront Other Reserve ($) Monthly Other Reserve ($)
                       
33 Loan   1 360 George Patterson Boulevard 74,301 0 0 0 0 0 0
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West 0 376,334 0 0 0 50,000 0
35 Loan   2 Peak & Perry Storage Portfolio 0 0 0 0 25,188 0 0
35.01 Property   1 Peak Exit Storage              
35.02 Property   1 Perry Parkway Storage              
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two 75,000 0 0 0 0 250,000 0
37 Loan   1 Westlake Village Court Office 0 0 0 0 1,800 0 0
38 Loan   1 Arrowhead Center 122,211 390,000 0 0 31,250 0 0
39 Loan   1 28 East 38th Street 0 0 0 0 5,750 0 0
40 Loan   1 Chenal Woods Apartments 0 0 0 0 8,125 37,516 0
41 Loan 90, 91 1 1822 Sunset Boulevard 0 0 0 0 0 1,000,000 0
42 Loan   1 494 Jackson Avenue 0 0 0 0 0 0 0
43 Loan   1 Bay Oaks Apartments 0 0 0 0 0 33,500 0
44 Loan   1 5807 W 20th St 0 0 0 0 0 0 0
45 Loan   1 Walgreens Maricopa 0 0 0 0 0 0 0
46 Loan 92, 93 3 NNN Portfolio 141,160 0 0 0 62,231 0 Springing
46.01 Property   1 Rite Aid - Wellington              
46.02 Property   1 Dollar Tree - Monument              
46.03 Property 94 1 Walgreens - Sylvania              
47 Loan 95 1 Fayetteville Self Storage 0 0 0 0 74,975 0 0

A-1-28

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Other Reserve Description Other Reserve Cap ($) Holdback/ Earnout Amount ($)
               
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square NAP 0 0
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First NAP 0 0
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe Rent Concession Funds 0 0
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington Sonder Replacement Reserve (Upfront: $5,000,000), Rent Concession Reserve (Upfront: $3,000,000), Common Charges Reserve (Monthly: Springing) 0 0
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain Outstanding TI/LC Reserve (Upfront: $6,565,265), Gap Rent Reserve (Upfront: $347,023), Major Tenant Reserve (Monthly: Springing; Cap: $4,020,000) 4,020,000 0
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 NAP 0 0
6.01 Property   1 Kohl’s Shelby      
6.02 Property 41 1 Pick N’ Save Eagle River      
6.03 Property   1 Walgreens Chicopee      
6.04 Property   1 Walgreens Oakland      
6.05 Property   1 Walgreens Siler City      
6.06 Property   1 Fresenius Chicago      
6.07 Property   1 Walgreens Potsdam      
6.08 Property   1 Outback Mesa      
6.09 Property   1 Outback Tucson      
6.10 Property   1 BMO Harris Watertown      
6.11 Property   1 Pick N’ Save Columbus      
6.12 Property   1 BMO Harris Merrill      
6.13 Property 41 1 Tractor Supply Eagle River      
7 Loan 20, 42 1 Epic West Towne Crossing Outstanding TI Reserve (Upfront: $660,792), Free Rent Reserve (Upfront: $92,665) 0 0
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix Earnout Reserve 0 8,000,000
9 Loan 9, 49 1 College Point NAP 0 0
10 Loan 50 1 Independence Lofts NAP 0 0
11 Loan 51 1 McCullough Commons Unfunded Obligations Reserve (Upfront: $402,588), Free Rent Reserve (Upfront: $46,596), Ashley HomeStore Renewal Reserve (Monthly: Springing) 0 0
12 Loan 52 1 524 Courtlandt Golden Krust Reserve (Upfront: $264,000), Gap Rent Reserve (Upfront: $26,207), Maximus Reserve (Monthly: Springing), CREO Reserve (Monthly: Springing) An amount equal to 12 CREO Reserve Monthly Deposits 0
13 Loan 53 1 Falls of Deer Park Apartments Litigation Settlement Reserve 0 0
14 Loan 54, 55 1 175 East 62nd Street Leased Fee NAP 0 0
15 Loan 56, 57 1 Celeros Houston NAP 0 0
16 Loan   2 Greene Plaza and Chippewa Center NAP 0 0
16.01 Property   1 Chippewa Center      
16.02 Property   1 Greene Plaza      
17 Loan 20, 42 1 Midlothian Towne Crossing Outstanding TI Reserve (Upfront: $267,315), Free Rent Reserve (Upfront: $58,116) 0 0
18 Loan 58, 59 3 Paragon Films Sale-Leaseback NAP 0 0
18.01 Property   1 255W. Baab Industrial Park Drive      
18.02 Property   1 915 Rose Street      
18.03 Property   1 3500 West Tacoma Street      
19 Loan 60, 61, 62 1 The Village Lofts Master Tenant Obligation Reserve (Monthly: Springing), Borrower Obligation Reserve (Monthly: Springing) 0 0
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 NAP 0 0
20.01 Property   1 Food4Less - Chicago Heights      
20.02 Property   1 Walgreens - Bridgeview      
20.03 Property   1 Walgreens - Alton      
20.04 Property   1 Walgreens - Alexandria      
20.05 Property   1 First Midwest Bank - DeKalb      
20.06 Property   1 First Midwest Bank - Schaumburg      
20.07 Property   1 Walgreens - Oklahoma City      
20.08 Property   1 CVS - Zanesville      
20.09 Property   1 CVS Pharmacy - Hagerstown      
20.10 Property   1 Fresenius Medical Care - Lawrenceville      
20.11 Property   1 First Midwest Bank - Joliet      
20.12 Property   1 Memorial Health System - Decatur      
20.13 Property   1 CVS - Decatur      
20.14 Property   1 Verizon - Beloit      
20.15 Property   1 Dollar Tree - Grimes      
20.16 Property   1 Dollar General - Belle Chasse      
20.17 Property   1 Sherwin Williams - Urbana      
20.18 Property   1 Dollar General - Camden      
20.19 Property   1 Dollar General - Thibodaux      
20.20 Property   1 Dollar General - Houma      
20.21 Property   1 Dollar General - South Bend      
21 Loan   5 Veit Self Storage Portfolio CapEx Budget Reserve 0 0
21.01 Property   1 Prime Storage of Williamsburg      
21.02 Property   1 Easy Does It      
21.03 Property   1 Williamsburg Storage      
21.04 Property   1 EZ Storage      
21.05 Property   1 Climatrol Self Storage      
22 Loan 64 2 Tutor Perini Portfolio NAP 0 0
22.01 Property   1 11171 Cherry Avenue      
22.02 Property   1 15901 Olden Street      
23 Loan 65 1 Stockton Plaza Free Rent Reserve 0 0
24 Loan 66 1 931-955 Coney Island Avenue SBA Loan Reserve (Upfront: $154,386); HRI Litigation Reserve (Upfront: $150,000) 0 0
25 Loan 67, 68 1 Centro Plaza NAP 0 0
26 Loan 69 1 BlueCross BlueShield Building NAP 0 0
27 Loan 70 1 47-01 Queens Boulevard NAP 0 0
28 Loan 42, 71, 72, 73 1 Summit Orchards Outstanding TI Reserve 0 0
29 Loan   1 Redwood Waukee NAP 0 0
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace Unfunded Obligations Reserve (Upfront: $80,000), Specified Tenant Renewal Reserve (Monthly: Springing) 0 0
31 Loan 79, 80 1 800 Corporate Drive Lease Sweep Reserve 0 0
32 Loan 81, 82 1 Staybridge Suites Bowling Green PIP Reserve (Upfront: $610,000; Monthly: Springing), Seasonality Reserve (Upfront: $20,000; Monthly: $2,500 January through October), Ground Rent Reserve (Monthly: Springing), Custodial Funds and Hotel Tax Reserve (Monthly: Springing), Refundable Advance Payments Reserve (Monthly: Springing) PIP Reserve ($2,000,000), Seasonality Reserve ($25,000) 0

A-1-29

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Other Reserve Description Other Reserve Cap ($) Holdback/ Earnout Amount ($)
               
33 Loan   1 360 George Patterson Boulevard NAP 0 0
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West PIP Reserve 0 0
35 Loan   2 Peak & Perry Storage Portfolio NAP 0 0
35.01 Property   1 Peak Exit Storage      
35.02 Property   1 Perry Parkway Storage      
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two Zoning Reserve 0 0
37 Loan   1 Westlake Village Court Office NAP 0 0
38 Loan   1 Arrowhead Center NAP 0 0
39 Loan   1 28 East 38th Street NAP 0 0
40 Loan   1 Chenal Woods Apartments Condo Assessments Reserve 0 0
41 Loan 90, 91 1 1822 Sunset Boulevard CUP Holdback Reserve 0 1,000,000
42 Loan   1 494 Jackson Avenue NAP 0 0
43 Loan   1 Bay Oaks Apartments Condo Assessments Reserve 0 0
44 Loan   1 5807 W 20th St NAP 0 0
45 Loan   1 Walgreens Maricopa NAP 0 0
46 Loan 92, 93 3 NNN Portfolio Specified Tenant Credit Rating Reserve 0 0
46.01 Property   1 Rite Aid - Wellington      
46.02 Property   1 Dollar Tree - Monument      
46.03 Property 94 1 Walgreens - Sylvania      
47 Loan 95 1 Fayetteville Self Storage NAP 0 0

A-1-30

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Holdback/ Earnout Description Lockbox Type Cash Management Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) Tenant Specific Excess Cash Trap Trigger (Y/N)
                   
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square NAP Hard Springing Yes No
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First NAP Hard Springing Yes Yes
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe NAP Hard Springing Yes Yes
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington NAP Soft (Residential) / Hard (Commercial) In Place Yes No
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain NAP Hard Springing Yes No
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 NAP Hard Springing Yes Yes
6.01 Property   1 Kohl’s Shelby          
6.02 Property 41 1 Pick N’ Save Eagle River          
6.03 Property   1 Walgreens Chicopee          
6.04 Property   1 Walgreens Oakland          
6.05 Property   1 Walgreens Siler City          
6.06 Property   1 Fresenius Chicago          
6.07 Property   1 Walgreens Potsdam          
6.08 Property   1 Outback Mesa          
6.09 Property   1 Outback Tucson          
6.10 Property   1 BMO Harris Watertown          
6.11 Property   1 Pick N’ Save Columbus          
6.12 Property   1 BMO Harris Merrill          
6.13 Property 41 1 Tractor Supply Eagle River          
7 Loan 20, 42 1 Epic West Towne Crossing NAP Springing Springing Yes No
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix The borrower shall deposit into an eligible account upon loan origination. The lender must disburse upon the evidence that the Earnout Reserve Release Conditions have been satisfied. The borrower has no right to obtain a release of the reserve after July 28, 2023. Hard Springing Yes Yes
9 Loan 9, 49 1 College Point NAP Hard Springing Yes Yes
10 Loan 50 1 Independence Lofts NAP Soft (Residential) / Hard (Commercial) Springing Yes No
11 Loan 51 1 McCullough Commons NAP Springing Springing Yes Yes
12 Loan 52 1 524 Courtlandt NAP Hard Springing Yes Yes
13 Loan 53 1 Falls of Deer Park Apartments NAP Springing Springing Yes No
14 Loan 54, 55 1 175 East 62nd Street Leased Fee NAP Springing Springing Yes Yes
15 Loan 56, 57 1 Celeros Houston NAP Hard Springing Yes Yes
16 Loan   2 Greene Plaza and Chippewa Center NAP Hard Springing Yes No
16.01 Property   1 Chippewa Center          
16.02 Property   1 Greene Plaza          
17 Loan 20, 42 1 Midlothian Towne Crossing NAP Springing Springing Yes No
18 Loan 58, 59 3 Paragon Films Sale-Leaseback NAP Hard Springing Yes Yes
18.01 Property   1 255W. Baab Industrial Park Drive          
18.02 Property   1 915 Rose Street          
18.03 Property   1 3500 West Tacoma Street          
19 Loan 60, 61, 62 1 The Village Lofts NAP Hard Springing Yes Yes
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 NAP Hard Springing Yes No
20.01 Property   1 Food4Less - Chicago Heights          
20.02 Property   1 Walgreens - Bridgeview          
20.03 Property   1 Walgreens - Alton          
20.04 Property   1 Walgreens - Alexandria          
20.05 Property   1 First Midwest Bank - DeKalb          
20.06 Property   1 First Midwest Bank - Schaumburg          
20.07 Property   1 Walgreens - Oklahoma City          
20.08 Property   1 CVS - Zanesville          
20.09 Property   1 CVS Pharmacy - Hagerstown          
20.10 Property   1 Fresenius Medical Care - Lawrenceville          
20.11 Property   1 First Midwest Bank - Joliet          
20.12 Property   1 Memorial Health System - Decatur          
20.13 Property   1 CVS - Decatur          
20.14 Property   1 Verizon - Beloit          
20.15 Property   1 Dollar Tree - Grimes          
20.16 Property   1 Dollar General - Belle Chasse          
20.17 Property   1 Sherwin Williams - Urbana          
20.18 Property   1 Dollar General - Camden          
20.19 Property   1 Dollar General - Thibodaux          
20.20 Property   1 Dollar General - Houma          
20.21 Property   1 Dollar General - South Bend          
21 Loan   5 Veit Self Storage Portfolio NAP Springing Springing Yes No
21.01 Property   1 Prime Storage of Williamsburg          
21.02 Property   1 Easy Does It          
21.03 Property   1 Williamsburg Storage          
21.04 Property   1 EZ Storage          
21.05 Property   1 Climatrol Self Storage          
22 Loan 64 2 Tutor Perini Portfolio NAP Springing Springing Yes Yes
22.01 Property   1 11171 Cherry Avenue          
22.02 Property   1 15901 Olden Street          
23 Loan 65 1 Stockton Plaza NAP Hard Springing Yes Yes
24 Loan 66 1 931-955 Coney Island Avenue NAP Springing Springing Yes Yes
25 Loan 67, 68 1 Centro Plaza NAP Springing Springing Yes Yes
26 Loan 69 1 BlueCross BlueShield Building NAP Hard Springing Yes Yes
27 Loan 70 1 47-01 Queens Boulevard NAP Springing Springing Yes No
28 Loan 42, 71, 72, 73 1 Summit Orchards NAP Hard Springing Yes Yes
29 Loan   1 Redwood Waukee NAP None None Yes No
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace NAP Springing Springing Yes Yes
31 Loan 79, 80 1 800 Corporate Drive NAP Hard Springing Yes Yes
32 Loan 81, 82 1 Staybridge Suites Bowling Green NAP Hard Springing Yes No

A-1-31

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Holdback/ Earnout Description Lockbox Type Cash Management Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) Tenant Specific Excess Cash Trap Trigger (Y/N)
                   
33 Loan   1 360 George Patterson Boulevard NAP Hard Springing Yes Yes
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West NAP Hard Springing Yes No
35 Loan   2 Peak & Perry Storage Portfolio NAP Springing Springing Yes No
35.01 Property   1 Peak Exit Storage          
35.02 Property   1 Perry Parkway Storage          
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two NAP Springing Springing Yes No
37 Loan   1 Westlake Village Court Office NAP Springing Springing Yes No
38 Loan   1 Arrowhead Center NAP Springing Springing Yes Yes
39 Loan   1 28 East 38th Street NAP Springing Springing Yes No
40 Loan   1 Chenal Woods Apartments NAP Springing Springing Yes No
41 Loan 90, 91 1 1822 Sunset Boulevard The borrower shall deposit into an eligible account upon loan origination. The lender must disburse upon the evidence that the borrower has obtained a renewed use permit in accordance with law, unless the occurrence of a trigger period exists. Hard Springing Yes Yes
42 Loan   1 494 Jackson Avenue NAP Springing Springing Yes No
43 Loan   1 Bay Oaks Apartments NAP Springing Springing Yes No
44 Loan   1 5807 W 20th St NAP Hard Springing Yes Yes
45 Loan   1 Walgreens Maricopa NAP Hard Springing Yes Yes
46 Loan 92, 93 3 NNN Portfolio NAP Hard Springing Yes Yes
46.01 Property   1 Rite Aid - Wellington          
46.02 Property   1 Dollar Tree - Monument          
46.03 Property 94 1 Walgreens - Sylvania          
47 Loan 95 1 Fayetteville Self Storage NAP Springing Springing Yes Yes

A-1-32

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Pari Passu (Y/N) Pari Passu in Trust Controlling (Y/N) Trust Pari Passu Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Subordinate Companion Loan Cut-off Date Balance ($) Subordinate Companion Loan Interest Rate Whole Loan Cut-off Date Balance ($) Whole Loan Monthly Debt Service ($) Whole Loan Cut-off Date LTV Ratio (%)
                               
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square Yes No 112,000,000 358,000,000 824,149.24 1,081,983.64 315,000,000 2.72466879% 785,000,000 1,807,142.88 58.1%
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First Yes No 98,700,000 131,300,000 329,480.94 577,156.25 178,000,000 2.97000% 408,000,000 1,023,825.00 75.8%
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe Yes Yes 88,500,000 32,500,000 77,984.95 290,343.98 NAP NAP 121,000,000 290,343.98 65.0%
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington Yes Yes 80,000,000 51,500,000 150,118.93 383,313.37 NAP NAP 131,500,000 383,313.37 60.6%
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain Yes No 64,000,000 146,000,000 381,664.95 548,970.14 NAP NAP 210,000,000 548,970.14 46.5%
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.01 Property   1 Kohl’s Shelby                      
6.02 Property 41 1 Pick N’ Save Eagle River                      
6.03 Property   1 Walgreens Chicopee                      
6.04 Property   1 Walgreens Oakland                      
6.05 Property   1 Walgreens Siler City                      
6.06 Property   1 Fresenius Chicago                      
6.07 Property   1 Walgreens Potsdam                      
6.08 Property   1 Outback Mesa                      
6.09 Property   1 Outback Tucson                      
6.10 Property   1 BMO Harris Watertown                      
6.11 Property   1 Pick N’ Save Columbus                      
6.12 Property   1 BMO Harris Merrill                      
6.13 Property 41 1 Tractor Supply Eagle River                      
7 Loan 20, 42 1 Epic West Towne Crossing No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9 Loan 9, 49 1 College Point Yes No 30,000,000 40,000,000 120,517.60 210,905.79 NAP NAP 70,000,000 210,905.79 59.8%
10 Loan 50 1 Independence Lofts No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan 51 1 McCullough Commons No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan 52 1 524 Courtlandt No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13 Loan 53 1 Falls of Deer Park Apartments No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 54, 55 1 175 East 62nd Street Leased Fee No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15 Loan 56, 57 1 Celeros Houston No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan   2 Greene Plaza and Chippewa Center No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
16.01 Property   1 Chippewa Center                      
16.02 Property   1 Greene Plaza                      
17 Loan 20, 42 1 Midlothian Towne Crossing No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 58, 59 3 Paragon Films Sale-Leaseback No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18.01 Property   1 255W. Baab Industrial Park Drive                      
18.02 Property   1 915 Rose Street                      
18.03 Property   1 3500 West Tacoma Street                      
19 Loan 60, 61, 62 1 The Village Lofts No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 Yes No 20,035,000 27,000,000 72,201.57 125,777.80 NAP NAP 47,035,000 125,777.80 61.5%
20.01 Property   1 Food4Less - Chicago Heights                      
20.02 Property   1 Walgreens - Bridgeview                      
20.03 Property   1 Walgreens - Alton                      
20.04 Property   1 Walgreens - Alexandria                      
20.05 Property   1 First Midwest Bank - DeKalb                      
20.06 Property   1 First Midwest Bank - Schaumburg                      
20.07 Property   1 Walgreens - Oklahoma City                      
20.08 Property   1 CVS - Zanesville                      
20.09 Property   1 CVS Pharmacy - Hagerstown                      
20.10 Property   1 Fresenius Medical Care - Lawrenceville                      
20.11 Property   1 First Midwest Bank - Joliet                      
20.12 Property   1 Memorial Health System - Decatur                      
20.13 Property   1 CVS - Decatur                      
20.14 Property   1 Verizon - Beloit                      
20.15 Property   1 Dollar Tree - Grimes                      
20.16 Property   1 Dollar General - Belle Chasse                      
20.17 Property   1 Sherwin Williams - Urbana                      
20.18 Property   1 Dollar General - Camden                      
20.19 Property   1 Dollar General - Thibodaux                      
20.20 Property   1 Dollar General - Houma                      
20.21 Property   1 Dollar General - South Bend                      
21 Loan   5 Veit Self Storage Portfolio No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21.01 Property   1 Prime Storage of Williamsburg                      
21.02 Property   1 Easy Does It                      
21.03 Property   1 Williamsburg Storage                      
21.04 Property   1 EZ Storage                      
21.05 Property   1 Climatrol Self Storage                      
22 Loan 64 2 Tutor Perini Portfolio No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.01 Property   1 11171 Cherry Avenue                      
22.02 Property   1 15901 Olden Street                      
23 Loan 65 1 Stockton Plaza No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24 Loan 66 1 931-955 Coney Island Avenue No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 67, 68 1 Centro Plaza No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan 69 1 BlueCross BlueShield Building No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 70 1 47-01 Queens Boulevard No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan 42, 71, 72, 73 1 Summit Orchards No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan   1 Redwood Waukee No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 79, 80 1 800 Corporate Drive No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32 Loan 81, 82 1 Staybridge Suites Bowling Green No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

A-1-33

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Pari Passu (Y/N) Pari Passu in Trust Controlling (Y/N) Trust Pari Passu Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Subordinate Companion Loan Cut-off Date Balance ($) Subordinate Companion Loan Interest Rate Whole Loan Cut-off Date Balance ($) Whole Loan Monthly Debt Service ($) Whole Loan Cut-off Date LTV Ratio (%)
                               
33 Loan   1 360 George Patterson Boulevard No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
35 Loan   2 Peak & Perry Storage Portfolio No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
35.01 Property   1 Peak Exit Storage                      
35.02 Property   1 Perry Parkway Storage                      
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
37 Loan   1 Westlake Village Court Office No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
38 Loan   1 Arrowhead Center No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
39 Loan   1 28 East 38th Street No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
40 Loan   1 Chenal Woods Apartments No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
41 Loan 90, 91 1 1822 Sunset Boulevard No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
42 Loan   1 494 Jackson Avenue No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
43 Loan   1 Bay Oaks Apartments No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
44 Loan   1 5807 W 20th St No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
45 Loan   1 Walgreens Maricopa No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
46 Loan 92, 93 3 NNN Portfolio No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
46.01 Property   1 Rite Aid - Wellington                      
46.02 Property   1 Dollar Tree - Monument                      
46.03 Property 94 1 Walgreens - Sylvania                      
47 Loan 95 1 Fayetteville Self Storage No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

A-1-34

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Whole Loan Underwritten NCF DSCR (x) Whole Loan Underwritten NOI Debt Yield (%) Mezzanine Debt Cut-off Date Balance($) Mezzanine Debt Interest Rate (%) Total Debt Cut-off Date Balance ($) Total Debt Monthly Debt Service ($) Total Debt Cut-off Date LTV Ratio (%) Total Debt Underwritten NCF DSCR (x) Total Debt Underwritten NOI Debt Yield (%) Future Additional Debt Permitted (Y/N)
          4             4    
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square 2.92 8.1% 120,000,000 5.05000% 905,000,000 2,319,156.77 67.0% 2.28 7.1% Yes
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First 2.32 7.0% NAP NAP NAP NAP NAP NAP NAP No
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe 3.28 9.7% NAP NAP NAP NAP NAP NAP NAP No
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington 2.82 9.9% NAP NAP NAP NAP NAP NAP NAP No
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain 4.17 13.8% NAP NAP NAP NAP NAP NAP NAP No
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 NAP NAP NAP NAP NAP NAP NAP NAP NAP No
6.01 Property   1 Kohl’s Shelby                    
6.02 Property 41 1 Pick N’ Save Eagle River                    
6.03 Property   1 Walgreens Chicopee                    
6.04 Property   1 Walgreens Oakland                    
6.05 Property   1 Walgreens Siler City                    
6.06 Property   1 Fresenius Chicago                    
6.07 Property   1 Walgreens Potsdam                    
6.08 Property   1 Outback Mesa                    
6.09 Property   1 Outback Tucson                    
6.10 Property   1 BMO Harris Watertown                    
6.11 Property   1 Pick N’ Save Columbus                    
6.12 Property   1 BMO Harris Merrill                    
6.13 Property 41 1 Tractor Supply Eagle River                    
7 Loan 20, 42 1 Epic West Towne Crossing NAP NAP NAP NAP NAP NAP NAP NAP NAP No
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix NAP NAP NAP NAP NAP NAP NAP NAP NAP No
9 Loan 9, 49 1 College Point 1.81 7.0% NAP NAP NAP NAP NAP NAP NAP No
10 Loan 50 1 Independence Lofts NAP NAP NAP NAP NAP NAP NAP NAP NAP No
11 Loan 51 1 McCullough Commons NAP NAP NAP NAP NAP NAP NAP NAP NAP No
12 Loan 52 1 524 Courtlandt NAP NAP NAP NAP NAP NAP NAP NAP NAP No
13 Loan 53 1 Falls of Deer Park Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP No
14 Loan 54, 55 1 175 East 62nd Street Leased Fee NAP NAP NAP NAP NAP NAP NAP NAP NAP No
15 Loan 56, 57 1 Celeros Houston NAP NAP NAP NAP NAP NAP NAP NAP NAP Yes
16 Loan   2 Greene Plaza and Chippewa Center NAP NAP NAP NAP NAP NAP NAP NAP NAP No
16.01 Property   1 Chippewa Center                    
16.02 Property   1 Greene Plaza                    
17 Loan 20, 42 1 Midlothian Towne Crossing NAP NAP NAP NAP NAP NAP NAP NAP NAP No
18 Loan 58, 59 3 Paragon Films Sale-Leaseback NAP NAP NAP NAP NAP NAP NAP NAP NAP No
18.01 Property   1 255W. Baab Industrial Park Drive                    
18.02 Property   1 915 Rose Street                    
18.03 Property   1 3500 West Tacoma Street                    
19 Loan 60, 61, 62 1 The Village Lofts NAP NAP NAP NAP NAP NAP NAP NAP NAP No
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 2.66 8.7% NAP NAP NAP NAP NAP NAP NAP No
20.01 Property   1 Food4Less - Chicago Heights                    
20.02 Property   1 Walgreens - Bridgeview                    
20.03 Property   1 Walgreens - Alton                    
20.04 Property   1 Walgreens - Alexandria                    
20.05 Property   1 First Midwest Bank - DeKalb                    
20.06 Property   1 First Midwest Bank - Schaumburg                    
20.07 Property   1 Walgreens - Oklahoma City                    
20.08 Property   1 CVS - Zanesville                    
20.09 Property   1 CVS Pharmacy - Hagerstown                    
20.10 Property   1 Fresenius Medical Care - Lawrenceville                    
20.11 Property   1 First Midwest Bank - Joliet                    
20.12 Property   1 Memorial Health System - Decatur                    
20.13 Property   1 CVS - Decatur                    
20.14 Property   1 Verizon - Beloit                    
20.15 Property   1 Dollar Tree - Grimes                    
20.16 Property   1 Dollar General - Belle Chasse                    
20.17 Property   1 Sherwin Williams - Urbana                    
20.18 Property   1 Dollar General - Camden                    
20.19 Property   1 Dollar General - Thibodaux                    
20.20 Property   1 Dollar General - Houma                    
20.21 Property   1 Dollar General - South Bend                    
21 Loan   5 Veit Self Storage Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP No
21.01 Property   1 Prime Storage of Williamsburg                    
21.02 Property   1 Easy Does It                    
21.03 Property   1 Williamsburg Storage                    
21.04 Property   1 EZ Storage                    
21.05 Property   1 Climatrol Self Storage                    
22 Loan 64 2 Tutor Perini Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP No
22.01 Property   1 11171 Cherry Avenue                    
22.02 Property   1 15901 Olden Street                    
23 Loan 65 1 Stockton Plaza NAP NAP NAP NAP NAP NAP NAP NAP NAP Yes
24 Loan 66 1 931-955 Coney Island Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP No
25 Loan 67, 68 1 Centro Plaza NAP NAP NAP NAP NAP NAP NAP NAP NAP No
26 Loan 69 1 BlueCross BlueShield Building NAP NAP NAP NAP NAP NAP NAP NAP NAP No
27 Loan 70 1 47-01 Queens Boulevard NAP NAP NAP NAP NAP NAP NAP NAP NAP No
28 Loan 42, 71, 72, 73 1 Summit Orchards NAP NAP NAP NAP NAP NAP NAP NAP NAP No
29 Loan   1 Redwood Waukee NAP NAP NAP NAP NAP NAP NAP NAP NAP No
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace NAP NAP NAP NAP NAP NAP NAP NAP NAP No
31 Loan 79, 80 1 800 Corporate Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP No
32 Loan 81, 82 1 Staybridge Suites Bowling Green NAP NAP NAP NAP NAP NAP NAP NAP NAP Yes

A-1-35

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Whole Loan Underwritten NCF DSCR (x) Whole Loan Underwritten NOI Debt Yield (%) Mezzanine Debt Cut-off Date Balance($) Mezzanine Debt Interest Rate (%) Total Debt Cut-off Date Balance ($) Total Debt Monthly Debt Service ($) Total Debt Cut-off Date LTV Ratio (%) Total Debt Underwritten NCF DSCR (x) Total Debt Underwritten NOI Debt Yield (%) Future Additional Debt Permitted (Y/N)
          4             4    
33 Loan   1 360 George Patterson Boulevard NAP NAP NAP NAP NAP NAP NAP NAP NAP No
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West NAP NAP NAP NAP NAP NAP NAP NAP NAP No
35 Loan   2 Peak & Perry Storage Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP No
35.01 Property   1 Peak Exit Storage                    
35.02 Property   1 Perry Parkway Storage                    
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two NAP NAP NAP NAP NAP NAP NAP NAP NAP No
37 Loan   1 Westlake Village Court Office NAP NAP NAP NAP NAP NAP NAP NAP NAP No
38 Loan   1 Arrowhead Center NAP NAP NAP NAP NAP NAP NAP NAP NAP No
39 Loan   1 28 East 38th Street NAP NAP NAP NAP NAP NAP NAP NAP NAP No
40 Loan   1 Chenal Woods Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP No
41 Loan 90, 91 1 1822 Sunset Boulevard NAP NAP NAP NAP NAP NAP NAP NAP NAP No
42 Loan   1 494 Jackson Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP No
43 Loan   1 Bay Oaks Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP No
44 Loan   1 5807 W 20th St NAP NAP NAP NAP NAP NAP NAP NAP NAP No
45 Loan   1 Walgreens Maricopa NAP NAP NAP NAP NAP NAP NAP NAP NAP No
46 Loan 92, 93 3 NNN Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP No
46.01 Property   1 Rite Aid - Wellington                    
46.02 Property   1 Dollar Tree - Monument                    
46.03 Property 94 1 Walgreens - Sylvania                    
47 Loan 95 1 Fayetteville Self Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP No

A-1-36

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Future Debt Permitted Type Sponsor
             
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square Mezzanine (Max Principal of $90,500,000; Max Combined LTV of 67%; Min Combined DSCR of 2.22x; Min Combined Debt Yield of 6.82%; Intercreditor Agreement is required) The Gluck Family Trust
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First NAP Kohlberg, Kravis, Roberts
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe NAP David Norouzi, Niloufar Norouzi and Mansoureh Nowroozi
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington NAP Joseph Moinian
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain NAP Simon Property Group, L.P.
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 NAP Erik Conrad
6.01 Property   1 Kohl’s Shelby    
6.02 Property 41 1 Pick N’ Save Eagle River    
6.03 Property   1 Walgreens Chicopee    
6.04 Property   1 Walgreens Oakland    
6.05 Property   1 Walgreens Siler City    
6.06 Property   1 Fresenius Chicago    
6.07 Property   1 Walgreens Potsdam    
6.08 Property   1 Outback Mesa    
6.09 Property   1 Outback Tucson    
6.10 Property   1 BMO Harris Watertown    
6.11 Property   1 Pick N’ Save Columbus    
6.12 Property   1 BMO Harris Merrill    
6.13 Property 41 1 Tractor Supply Eagle River    
7 Loan 20, 42 1 Epic West Towne Crossing NAP Weber & Company
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix NAP Novonix Limited
9 Loan 9, 49 1 College Point NAP The Related Companies, L.P.
10 Loan 50 1 Independence Lofts NAP John Wei
11 Loan 51 1 McCullough Commons NAP David M. Ferris
12 Loan 52 1 524 Courtlandt NAP Iskandarbek Kadirov, Barukh Khiyayev and Michael Fuzaylov
13 Loan 53 1 Falls of Deer Park Apartments NAP Rao J. Polavarapu
14 Loan 54, 55 1 175 East 62nd Street Leased Fee NAP DKD 175 East 62nd, LLC and Downtown Realty Management, L.P.
15 Loan 56, 57 1 Celeros Houston Subordinate Mezzanine (Max Combined LTV of 63.2%; Min Combined DSCR of 1.55x; Min Combined DY of 8.52%; Intercreditor Agreement is required) AG Net Lease IV Corp., AG Net Lease IV (Q) Corp. and AG Net Lease Realty Fund IV Investments (H-1), L.P.
16 Loan   2 Greene Plaza and Chippewa Center NAP Pennmark
16.01 Property   1 Chippewa Center    
16.02 Property   1 Greene Plaza    
17 Loan 20, 42 1 Midlothian Towne Crossing NAP Weber & Company
18 Loan 58, 59 3 Paragon Films Sale-Leaseback NAP New Mountain Net Lease Corporation
18.01 Property   1 255W. Baab Industrial Park Drive    
18.02 Property   1 915 Rose Street    
18.03 Property   1 3500 West Tacoma Street    
19 Loan 60, 61, 62 1 The Village Lofts NAP Urban Smart Growth
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 NAP ExchangeRight Real Estate, LLC
20.01 Property   1 Food4Less - Chicago Heights    
20.02 Property   1 Walgreens - Bridgeview    
20.03 Property   1 Walgreens - Alton    
20.04 Property   1 Walgreens - Alexandria    
20.05 Property   1 First Midwest Bank - DeKalb    
20.06 Property   1 First Midwest Bank - Schaumburg    
20.07 Property   1 Walgreens - Oklahoma City    
20.08 Property   1 CVS - Zanesville    
20.09 Property   1 CVS Pharmacy - Hagerstown    
20.10 Property   1 Fresenius Medical Care - Lawrenceville    
20.11 Property   1 First Midwest Bank - Joliet    
20.12 Property   1 Memorial Health System - Decatur    
20.13 Property   1 CVS - Decatur    
20.14 Property   1 Verizon - Beloit    
20.15 Property   1 Dollar Tree - Grimes    
20.16 Property   1 Dollar General - Belle Chasse    
20.17 Property   1 Sherwin Williams - Urbana    
20.18 Property   1 Dollar General - Camden    
20.19 Property   1 Dollar General - Thibodaux    
20.20 Property   1 Dollar General - Houma    
20.21 Property   1 Dollar General - South Bend    
21 Loan   5 Veit Self Storage Portfolio NAP Lawrence Charles Kaplan
21.01 Property   1 Prime Storage of Williamsburg    
21.02 Property   1 Easy Does It    
21.03 Property   1 Williamsburg Storage    
21.04 Property   1 EZ Storage    
21.05 Property   1 Climatrol Self Storage    
22 Loan 64 2 Tutor Perini Portfolio NAP Ronald N. Tutor
22.01 Property   1 11171 Cherry Avenue    
22.02 Property   1 15901 Olden Street    
23 Loan 65 1 Stockton Plaza Mezzanine (Max Combined LTV of 65.0%; Min Combined DSCR of 1.61x; Min Combined DY of 8.4%; Intercreditor Agreement is required) PWD Holdings, LLC
24 Loan 66 1 931-955 Coney Island Avenue NAP Rivka Gold a/k/a Rebecca Gold
25 Loan 67, 68 1 Centro Plaza NAP Richard O. Fine and Jason W. Fine
26 Loan 69 1 BlueCross BlueShield Building NAP The Beitel Group
27 Loan 70 1 47-01 Queens Boulevard NAP Shokrollah Rehanian, Daryush Reyhanian, Noorollah Asherin and Daryush Asherin
28 Loan 42, 71, 72, 73 1 Summit Orchards NAP Dushey Family
29 Loan   1 Redwood Waukee NAP David M. Conwill, Steven B. Kimmelman and Leslie S.R. Leohr
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace NAP Town West Realty, Inc.
31 Loan 79, 80 1 800 Corporate Drive NAP Mariano Weil and Federico Weil
32 Loan 81, 82 1 Staybridge Suites Bowling Green Mezzanine (Max Amount of $3,000,000; Max Combined LTV of 65.3%; Min Combined DSCR of 2.00x; Min Combined DY of 11.5%; Intercreditor Agreement is required) Cheng Wei Chen and Cheng Te Chen

A-1-37

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Future Debt Permitted Type Sponsor
             
33 Loan   1 360 George Patterson Boulevard NAP New Mountain Net Lease Partners Corporation
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West NAP ARC Hospitality Group Inc.
35 Loan   2 Peak & Perry Storage Portfolio NAP Lawrence Charles Kaplan, George Thacker and Richard Schontz
35.01 Property   1 Peak Exit Storage    
35.02 Property   1 Perry Parkway Storage    
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two NAP Avrohom Schlaff
37 Loan   1 Westlake Village Court Office NAP Parviz Kahen
38 Loan   1 Arrowhead Center NAP John A. Nelson and Leonard Linsker
39 Loan   1 28 East 38th Street NAP Steven Krumholz
40 Loan   1 Chenal Woods Apartments NAP Erik C. Gould and Jonathan G. Harrison
41 Loan 90, 91 1 1822 Sunset Boulevard NAP Robert Jeffrey Ellermeyer, Julie Hermelin, Courtney Holt and Mitchell Frank
42 Loan   1 494 Jackson Avenue NAP Akiva Kurland
43 Loan   1 Bay Oaks Apartments NAP Erik C. Gould and Jonathan G. Harrison
44 Loan   1 5807 W 20th St NAP Michael H. Johnson, Michael H. Johnson and Patricia E. Johnson, as Trustees of The Johnson Family Trust U/T/D July 17, 1990
45 Loan   1 Walgreens Maricopa NAP Constance Cincotta
46 Loan 92, 93 3 NNN Portfolio NAP Fred Damavandi and Cliff Damavandi
46.01 Property   1 Rite Aid - Wellington    
46.02 Property   1 Dollar Tree - Monument    
46.03 Property 94 1 Walgreens - Sylvania    
47 Loan 95 1 Fayetteville Self Storage NAP Daniel V. Kinlaw

A-1-38

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Non-Recourse Carveout Guarantor Delaware Statutory Trust
(Y/N)
Tenants-in-common
(Y/N)
Loan Purpose Property Located Within a Qualified Opportunity Zone (Y/N) Sources: Loan Amount ($) Sources: Principal’s New Cash Contribution ($)
                  7   8
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square The Gluck Family Trust No Yes Refinance No 470,000,000 2,309,102
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First KKR Real Estate Select Trust Inc. No No Acquisition No 230,000,000 136,341,719
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe David Norouzi, Niloufar Norouzi and Mansoureh Nowroozi No No Refinance No 121,000,000 0
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington Joseph Moinian No No Refinance No 131,500,000 8,169,315
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain Simon Property Group, L.P. No No Refinance No 210,000,000 0
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 Erik Conrad Yes No Acquisition   41,570,000 25,738,782
6.01 Property   1 Kohl’s Shelby         No    
6.02 Property 41 1 Pick N’ Save Eagle River         No    
6.03 Property   1 Walgreens Chicopee         No    
6.04 Property   1 Walgreens Oakland         Yes    
6.05 Property   1 Walgreens Siler City         No    
6.06 Property   1 Fresenius Chicago         No    
6.07 Property   1 Walgreens Potsdam         Yes    
6.08 Property   1 Outback Mesa         No    
6.09 Property   1 Outback Tucson         No    
6.10 Property   1 BMO Harris Watertown         Yes    
6.11 Property   1 Pick N’ Save Columbus         No    
6.12 Property   1 BMO Harris Merrill         No    
6.13 Property 41 1 Tractor Supply Eagle River         Yes    
7 Loan 20, 42 1 Epic West Towne Crossing John P. Weber No No Refinance No 40,820,000 0
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix Novonix Limited No No Acquisition No 30,100,000 27,497,384
9 Loan 9, 49 1 College Point The Related Companies, L.P. No No Recapitalization No 70,000,000 0
10 Loan 50 1 Independence Lofts John Wei No No Refinance Yes 29,000,000 0
11 Loan 51 1 McCullough Commons David M. Ferris No Yes Refinance No 28,500,000 0
12 Loan 52 1 524 Courtlandt Iskandarbek Kadirov, Barukh Khiyayev and Michael Fuzaylov No No Refinance Yes 27,700,000 0
13 Loan 53 1 Falls of Deer Park Apartments Rao J. Polavarapu No No Refinance No 27,000,000 0
14 Loan 54, 55 1 175 East 62nd Street Leased Fee DKD 175 East 62nd, LLC and Downtown Realty Management, L.P. No No Recapitalization No 25,000,000 0
15 Loan 56, 57 1 Celeros Houston AG Net Lease IV Corp., AG Net Lease IV (Q) Corp. and AG Net Lease Realty Fund IV Investments (H-1), L.P. No No Recapitalization No 23,885,000 12,949,227
16 Loan   2 Greene Plaza and Chippewa Center Donald F. Cafiero and Morgan Realty Partners, LP No No Refinance      
16.01 Property   1 Chippewa Center         No    
16.02 Property   1 Greene Plaza         No    
17 Loan 20, 42 1 Midlothian Towne Crossing John P. Weber No No Refinance No    
18 Loan 58, 59 3 Paragon Films Sale-Leaseback New Mountain Net Lease Partners Corporation No No Acquisition      
18.01 Property   1 255W. Baab Industrial Park Drive         No    
18.02 Property   1 915 Rose Street         Yes    
18.03 Property   1 3500 West Tacoma Street         No    
19 Loan 60, 61, 62 1 The Village Lofts Lance Robbins No No Refinance No    
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 ExchangeRight Real Estate, LLC, David Fisher, Joshua Ungerecht and Warren Thomas Yes No Recapitalization      
20.01 Property   1 Food4Less - Chicago Heights         Yes    
20.02 Property   1 Walgreens - Bridgeview         No    
20.03 Property   1 Walgreens - Alton         No    
20.04 Property   1 Walgreens - Alexandria         No    
20.05 Property   1 First Midwest Bank - DeKalb         No    
20.06 Property   1 First Midwest Bank - Schaumburg         No    
20.07 Property   1 Walgreens - Oklahoma City         No    
20.08 Property   1 CVS - Zanesville         Yes    
20.09 Property   1 CVS Pharmacy - Hagerstown         Yes    
20.10 Property   1 Fresenius Medical Care - Lawrenceville         No    
20.11 Property   1 First Midwest Bank - Joliet         No    
20.12 Property   1 Memorial Health System - Decatur         No    
20.13 Property   1 CVS - Decatur         No    
20.14 Property   1 Verizon - Beloit         No    
20.15 Property   1 Dollar Tree - Grimes         No    
20.16 Property   1 Dollar General - Belle Chasse         No    
20.17 Property   1 Sherwin Williams - Urbana         No    
20.18 Property   1 Dollar General - Camden         No    
20.19 Property   1 Dollar General - Thibodaux         Yes    
20.20 Property   1 Dollar General - Houma         No    
20.21 Property   1 Dollar General - South Bend         No    
21 Loan   5 Veit Self Storage Portfolio Lawrence Charles Kaplan No No Refinance      
21.01 Property   1 Prime Storage of Williamsburg         No    
21.02 Property   1 Easy Does It         No    
21.03 Property   1 Williamsburg Storage         No    
21.04 Property   1 EZ Storage         No    
21.05 Property   1 Climatrol Self Storage         Yes    
22 Loan 64 2 Tutor Perini Portfolio Ronald N. Tutor Separate Property Trust Dated December 28, 1992, As Amended and Ronald N. Tutor No No Refinance      
22.01 Property   1 11171 Cherry Avenue         No    
22.02 Property   1 15901 Olden Street         Yes    
23 Loan 65 1 Stockton Plaza PWD Holdings, LLC No No Refinance No    
24 Loan 66 1 931-955 Coney Island Avenue Rivka Gold a/k/a Rebecca Gold No No Refinance No    
25 Loan 67, 68 1 Centro Plaza Richard O. Fine and Jason W. Fine No No Refinance No    
26 Loan 69 1 BlueCross BlueShield Building Binyamin Beitel No No Acquisition No    
27 Loan 70 1 47-01 Queens Boulevard Shokrollah Rehanian, Daryush Reyhanian, Noorollah Asherin and Daryush Asherin No No Refinance No    
28 Loan 42, 71, 72, 73 1 Summit Orchards David Dushey No Yes Acquisition No    
29 Loan   1 Redwood Waukee David M. Conwill, Steven B. Kimmelman and Leslie S.R. Leohr No No Refinance No    
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace Town West Realty, Inc. No No Refinance Yes    
31 Loan 79, 80 1 800 Corporate Drive Mariano Weil and Federico Weil No No Acquisition No    
32 Loan 81, 82 1 Staybridge Suites Bowling Green Cheng Wei Chen and Cheng Te Chen No No Refinance No    

A-1-39

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Non-Recourse Carveout Guarantor Delaware Statutory Trust
(Y/N)
Tenants-in-common
(Y/N)
Loan Purpose Property Located Within a Qualified Opportunity Zone (Y/N) Sources: Loan Amount ($) Sources: Principal’s New Cash Contribution ($)
                  7   8
33 Loan   1 360 George Patterson Boulevard New Mountain Net Lease Partners Corporation No No Recapitalization Yes    
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West Noman Qamar and Vinod Javer No No Refinance No    
35 Loan   2 Peak & Perry Storage Portfolio Lawrence Charles Kaplan, George Thacker and Richard Schontz No No Acquisition      
35.01 Property   1 Peak Exit Storage         No    
35.02 Property   1 Perry Parkway Storage         No    
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two Avrohom Schlaff No No Refinance No    
37 Loan   1 Westlake Village Court Office Parviz Kahen No No Acquisition No    
38 Loan   1 Arrowhead Center John A. Nelson and Leonard Linsker No Yes Refinance No    
39 Loan   1 28 East 38th Street Steven Krumholz No No Refinance No    
40 Loan   1 Chenal Woods Apartments Erik C. Gould and Jonathan G. Harrison No No Acquisition No    
41 Loan 90, 91 1 1822 Sunset Boulevard Robert Jeffrey Ellermeyer, Julie Hermelin, Courtney Holt and Mitchell Frank No No Refinance No    
42 Loan   1 494 Jackson Avenue Akiva Kurland No No Refinance Yes    
43 Loan   1 Bay Oaks Apartments Erik C. Gould and Jonathan G. Harrison No Yes Refinance No    
44 Loan   1 5807 W 20th St Michael H. Johnson, Michael H. Johnson and Patricia E. Johnson, as Trustees of The Johnson Family Trust U/T/D July 17, 1990 No No Acquisition No    
45 Loan   1 Walgreens Maricopa Constance Cincotta No No Acquisition No    
46 Loan 92, 93 3 NNN Portfolio Fred Damavandi and Cliff Damavandi No No Recapitalization      
46.01 Property   1 Rite Aid - Wellington         No    
46.02 Property   1 Dollar Tree - Monument         No    
46.03 Property 94 1 Walgreens - Sylvania         No    
47 Loan 95 1 Fayetteville Self Storage Daniel V. Kinlaw No No Refinance Yes    

A-1-40

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Sources: Subordinate Debt ($) Sources: Other Sources ($) Sources: Total Sources ($) Uses: Loan Payoff ($) Uses: Purchase Price ($) Uses: Closing Costs ($) Uses: Reserves ($) Uses: Principal Equity Distribution ($) Uses: Other Uses ($) Uses: Total Uses ($) Franchise Agreement Expiration
                               
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square 435,000,000 0 907,309,102 900,036,150 0 7,272,952 0 0 0 907,309,102 NAP
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First 178,000,000 0 544,341,719 0 535,000,000 9,341,719 0 0 0 544,341,719 NAP
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe 0 0 121,000,000 102,673,944 0 1,559,835 6,678,772 10,087,449 0 121,000,000 NAP
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington 0 0 139,669,315 129,510,030 0 1,941,862 8,217,423 0 0 139,669,315 NAP
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain 0 0 210,000,000 175,106,561 0 1,070,388 0 33,823,051 0 210,000,000 NAP
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 0 0 67,308,782 0 65,895,653 542,524 870,605 0 0 67,308,782 NAP
6.01 Property   1 Kohl’s Shelby                     NAP
6.02 Property 41 1 Pick N’ Save Eagle River                     NAP
6.03 Property   1 Walgreens Chicopee                     NAP
6.04 Property   1 Walgreens Oakland                     NAP
6.05 Property   1 Walgreens Siler City                     NAP
6.06 Property   1 Fresenius Chicago                     NAP
6.07 Property   1 Walgreens Potsdam                     NAP
6.08 Property   1 Outback Mesa                     NAP
6.09 Property   1 Outback Tucson                     NAP
6.10 Property   1 BMO Harris Watertown                     NAP
6.11 Property   1 Pick N’ Save Columbus                     NAP
6.12 Property   1 BMO Harris Merrill                     NAP
6.13 Property 41 1 Tractor Supply Eagle River                     NAP
7 Loan 20, 42 1 Epic West Towne Crossing 0 0 40,820,000 29,556,434 0 3,225,986 1,534,028 6,503,552 0 40,820,000 NAP
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix 0 0 57,597,384 0 41,500,000 1,650,754 14,446,630 0 0 57,597,384 NAP
9 Loan 9, 49 1 College Point 0 0 70,000,000 4,088,594 0 385,421 0 65,525,985 0 70,000,000 NAP
10 Loan 50 1 Independence Lofts 0 0 29,000,000 26,698,954 0 310,620 569,432 1,420,995 0 29,000,000 NAP
11 Loan 51 1 McCullough Commons 0 0 28,500,000 25,100,099 0 727,192 1,695,533 977,176 0 28,500,000 NAP
12 Loan 52 1 524 Courtlandt 0 0 27,700,000 18,426,746 0 810,956 409,299 8,053,000 0 27,700,000 NAP
13 Loan 53 1 Falls of Deer Park Apartments 0 0 27,000,000 14,338,228 0 546,117 772,431 11,343,224 0 27,000,000 NAP
14 Loan 54, 55 1 175 East 62nd Street Leased Fee 0 0 25,000,000 0 0 144,309 0 24,855,691 0 25,000,000 NAP
15 Loan 56, 57 1 Celeros Houston 0 0 36,834,227 0 36,500,000 334,227 0 0 0 36,834,227 NAP
16 Loan   2 Greene Plaza and Chippewa Center                     NAP
16.01 Property   1 Chippewa Center                     NAP
16.02 Property   1 Greene Plaza                     NAP
17 Loan 20, 42 1 Midlothian Towne Crossing                     NAP
18 Loan 58, 59 3 Paragon Films Sale-Leaseback                     NAP
18.01 Property   1 255W. Baab Industrial Park Drive                     NAP
18.02 Property   1 915 Rose Street                     NAP
18.03 Property   1 3500 West Tacoma Street                     NAP
19 Loan 60, 61, 62 1 The Village Lofts                     NAP
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48                     NAP
20.01 Property   1 Food4Less - Chicago Heights                     NAP
20.02 Property   1 Walgreens - Bridgeview                     NAP
20.03 Property   1 Walgreens - Alton                     NAP
20.04 Property   1 Walgreens - Alexandria                     NAP
20.05 Property   1 First Midwest Bank - DeKalb                     NAP
20.06 Property   1 First Midwest Bank - Schaumburg                     NAP
20.07 Property   1 Walgreens - Oklahoma City                     NAP
20.08 Property   1 CVS - Zanesville                     NAP
20.09 Property   1 CVS Pharmacy - Hagerstown                     NAP
20.10 Property   1 Fresenius Medical Care - Lawrenceville                     NAP
20.11 Property   1 First Midwest Bank - Joliet                     NAP
20.12 Property   1 Memorial Health System - Decatur                     NAP
20.13 Property   1 CVS - Decatur                     NAP
20.14 Property   1 Verizon - Beloit                     NAP
20.15 Property   1 Dollar Tree - Grimes                     NAP
20.16 Property   1 Dollar General - Belle Chasse                     NAP
20.17 Property   1 Sherwin Williams - Urbana                     NAP
20.18 Property   1 Dollar General - Camden                     NAP
20.19 Property   1 Dollar General - Thibodaux                     NAP
20.20 Property   1 Dollar General - Houma                     NAP
20.21 Property   1 Dollar General - South Bend                     NAP
21 Loan   5 Veit Self Storage Portfolio                     NAP
21.01 Property   1 Prime Storage of Williamsburg                     NAP
21.02 Property   1 Easy Does It                     NAP
21.03 Property   1 Williamsburg Storage                     NAP
21.04 Property   1 EZ Storage                     NAP
21.05 Property   1 Climatrol Self Storage                     NAP
22 Loan 64 2 Tutor Perini Portfolio                     NAP
22.01 Property   1 11171 Cherry Avenue                     NAP
22.02 Property   1 15901 Olden Street                     NAP
23 Loan 65 1 Stockton Plaza                     NAP
24 Loan 66 1 931-955 Coney Island Avenue                     NAP
25 Loan 67, 68 1 Centro Plaza                     NAP
26 Loan 69 1 BlueCross BlueShield Building                     NAP
27 Loan 70 1 47-01 Queens Boulevard                     NAP
28 Loan 42, 71, 72, 73 1 Summit Orchards                     NAP
29 Loan   1 Redwood Waukee                     NAP
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace                     NAP
31 Loan 79, 80 1 800 Corporate Drive                     NAP
32 Loan 81, 82 1 Staybridge Suites Bowling Green                     11/13/2037

A-1-41

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Sources: Subordinate Debt ($) Sources: Other Sources ($) Sources: Total Sources ($) Uses: Loan Payoff ($) Uses: Purchase Price ($) Uses: Closing Costs ($) Uses: Reserves ($) Uses: Principal Equity Distribution ($) Uses: Other Uses ($) Uses: Total Uses ($) Franchise Agreement Expiration
                               
33 Loan   1 360 George Patterson Boulevard                     NAP
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West                     1/31/2038
35 Loan   2 Peak & Perry Storage Portfolio                     NAP
35.01 Property   1 Peak Exit Storage                     NAP
35.02 Property   1 Perry Parkway Storage                     NAP
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two                     NAP
37 Loan   1 Westlake Village Court Office                     NAP
38 Loan   1 Arrowhead Center                     NAP
39 Loan   1 28 East 38th Street                     NAP
40 Loan   1 Chenal Woods Apartments                     NAP
41 Loan 90, 91 1 1822 Sunset Boulevard                     NAP
42 Loan   1 494 Jackson Avenue                     NAP
43 Loan   1 Bay Oaks Apartments                     NAP
44 Loan   1 5807 W 20th St                     NAP
45 Loan   1 Walgreens Maricopa                     NAP
46 Loan 92, 93 3 NNN Portfolio                     NAP
46.01 Property   1 Rite Aid - Wellington                     NAP
46.02 Property   1 Dollar Tree - Monument                     NAP
46.03 Property 94 1 Walgreens - Sylvania                     NAP
47 Loan 95 1 Fayetteville Self Storage                     NAP

A-1-42

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Underwritten ADR ($) Underwritten RevPAR ($) Underwritten Hotel Occupancy (%) Most Recent ADR ($) Most Recent RevPAR ($) Most Recent Hotel Occupancy (%) Second Most Recent ADR ($) Second Most Recent RevPAR ($) Second Most Recent Hotel Occupancy (%) Third Most Recent ADR ($) Third Most Recent RevPAR ($) Third Most Recent Hotel Occupancy (%)
                                 
1 Loan 9, 10, 11, 12, 13, 14, 15 1 One SoHo Square NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
2 Loan 9, 16, 17, 18, 19, 20 1 HQ @ First NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3 Loan 9, 21, 22, 23, 24, 25, 26, 27 1 Watermark Tempe NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4 Loan 9, 28, 29, 30, 31, 32, 33 1 2 Washington NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5 Loan 9, 34, 35, 36, 37, 38 1 The Domain NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6 Loan 39, 40 13 InCommercial Net Lease Portfolio #4 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.01 Property   1 Kohl’s Shelby NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.02 Property 41 1 Pick N’ Save Eagle River NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.03 Property   1 Walgreens Chicopee NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.04 Property   1 Walgreens Oakland NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.05 Property   1 Walgreens Siler City NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.06 Property   1 Fresenius Chicago NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.07 Property   1 Walgreens Potsdam NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.08 Property   1 Outback Mesa NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.09 Property   1 Outback Tucson NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.10 Property   1 BMO Harris Watertown NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.11 Property   1 Pick N’ Save Columbus NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.12 Property   1 BMO Harris Merrill NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.13 Property 41 1 Tractor Supply Eagle River NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
7 Loan 20, 42 1 Epic West Towne Crossing NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8 Loan 43, 44, 45, 46, 47, 48 1 Novonix NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9 Loan 9, 49 1 College Point NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10 Loan 50 1 Independence Lofts NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan 51 1 McCullough Commons NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan 52 1 524 Courtlandt NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13 Loan 53 1 Falls of Deer Park Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 54, 55 1 175 East 62nd Street Leased Fee NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15 Loan 56, 57 1 Celeros Houston NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan   2 Greene Plaza and Chippewa Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
16.01 Property   1 Chippewa Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
16.02 Property   1 Greene Plaza NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan 20, 42 1 Midlothian Towne Crossing NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 58, 59 3 Paragon Films Sale-Leaseback NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18.01 Property   1 255W. Baab Industrial Park Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18.02 Property   1 915 Rose Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18.03 Property   1 3500 West Tacoma Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 60, 61, 62 1 The Village Lofts NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 9, 63 21 ExchangeRight Net Leased Portfolio #48 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.01 Property   1 Food4Less - Chicago Heights NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.02 Property   1 Walgreens - Bridgeview NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.03 Property   1 Walgreens - Alton NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.04 Property   1 Walgreens - Alexandria NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.05 Property   1 First Midwest Bank - DeKalb NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.06 Property   1 First Midwest Bank - Schaumburg NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.07 Property   1 Walgreens - Oklahoma City NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.08 Property   1 CVS - Zanesville NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.09 Property   1 CVS Pharmacy - Hagerstown NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.10 Property   1 Fresenius Medical Care - Lawrenceville NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.11 Property   1 First Midwest Bank - Joliet NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.12 Property   1 Memorial Health System - Decatur NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.13 Property   1 CVS - Decatur NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.14 Property   1 Verizon - Beloit NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.15 Property   1 Dollar Tree - Grimes NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.16 Property   1 Dollar General - Belle Chasse NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.17 Property   1 Sherwin Williams - Urbana NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.18 Property   1 Dollar General - Camden NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.19 Property   1 Dollar General - Thibodaux NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.20 Property   1 Dollar General - Houma NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.21 Property   1 Dollar General - South Bend NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21 Loan   5 Veit Self Storage Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21.01 Property   1 Prime Storage of Williamsburg NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21.02 Property   1 Easy Does It NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21.03 Property   1 Williamsburg Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21.04 Property   1 EZ Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21.05 Property   1 Climatrol Self Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan 64 2 Tutor Perini Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.01 Property   1 11171 Cherry Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.02 Property   1 15901 Olden Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 65 1 Stockton Plaza NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24 Loan 66 1 931-955 Coney Island Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 67, 68 1 Centro Plaza NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan 69 1 BlueCross BlueShield Building NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 70 1 47-01 Queens Boulevard NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan 42, 71, 72, 73 1 Summit Orchards NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan   1 Redwood Waukee NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 74, 75, 76, 77, 78 1 19th & Northern Marketplace NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 79, 80 1 800 Corporate Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32 Loan 81, 82 1 Staybridge Suites Bowling Green 88.74 69.21 78.0% 88.05 65.76 74.7% 86.10 60.77 70.6% 99.24 79.75 80.4%

A-1-43

 

Benchmark 2021-B29 Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Underwritten ADR ($) Underwritten RevPAR ($) Underwritten Hotel Occupancy (%) Most Recent ADR ($) Most Recent RevPAR ($) Most Recent Hotel Occupancy (%) Second Most Recent ADR ($) Second Most Recent RevPAR ($) Second Most Recent Hotel Occupancy (%) Third Most Recent ADR ($) Third Most Recent RevPAR ($) Third Most Recent Hotel Occupancy (%)
                                 
33 Loan   1 360 George Patterson Boulevard NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan 83, 84 1 Home2 Suites Atlanta Airport West 111.97 84.75 75.7% 99.70 64.67 64.9% 101.22 52.98 52.3% NAV NAV NAV
35 Loan   2 Peak & Perry Storage Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
35.01 Property   1 Peak Exit Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
35.02 Property   1 Perry Parkway Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
36 Loan 85, 86, 87, 88, 89 1 Tonnelle Square Two NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
37 Loan   1 Westlake Village Court Office NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
38 Loan   1 Arrowhead Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
39 Loan   1 28 East 38th Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
40 Loan   1 Chenal Woods Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
41 Loan 90, 91 1 1822 Sunset Boulevard NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
42 Loan   1 494 Jackson Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
43 Loan   1 Bay Oaks Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
44 Loan   1 5807 W 20th St NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
45 Loan   1 Walgreens Maricopa NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
46 Loan 92, 93 3 NNN Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
46.01 Property   1 Rite Aid - Wellington NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
46.02 Property   1 Dollar Tree - Monument NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
46.03 Property 94 1 Walgreens - Sylvania NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
47 Loan 95 1 Fayetteville Self Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

A-1-44

 

 

Footnotes to Annex A-1
   
(1) The Administrative Fee Rate % includes the Servicing Fee Rate, the Operating Advisor Fee Rate, the Certificate Administrator/Trustee Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate applicable to each Mortgage Loan.
   
(2) The Monthly Debt Service (P&I) and Annual Debt Service (P&I) ($) shown for Mortgage Loans with a partial interest-only period reflects the amount payable after the expiration of the interest-only period.
   
(3) The open period is inclusive of the Maturity Date or Anticipated Repayment Date.
   
(4) Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Whole Loan Underwritten NCF DSCR (x) and Total Debt Underwritten NCF DSCR (x) is calculated based on amortizing debt service payments (except for interest-only loans).
   
(5) Leased Occupancy (%) reflects tenants that have signed leases, but are not yet in occupancy or may not be paying rent.
   
(6) The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the lease.
   
(7) Property Located Within a Qualified Opportunity Zone (Y/N) reflects Mortgaged Properties that are located in qualified opportunity zones (“QOZs”) under Internal Revenue Code § 1400Z-2 - Notice 2018-48 and Notice 2019-42. According to the Internal Revenue Service, (1) a QOZ is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment, and (2) localities qualify as QOZs if they have been nominated for that designation by a state, the District of Columbia, or a U.S. territory and that nomination has been certified by the Secretary of the Treasury via his delegation of authority to the Internal Revenue Service. No representation is made as to whether any Mortgaged Properties located in QOZs or the related borrowers are eligible for such preferential tax treatment or whether any qualifying investment has been made in a QOZ.
   
(8) If the purpose of the Mortgage Loan was to finance an acquisition of the Mortgaged Property, the field “Sources: Principal’s New Cash Contribution ($)” reflects the cash investment by one or more of the equity owners in the borrower in connection with such acquisition. If the purpose of the Mortgage Loan was to refinance the Mortgaged Property, the field “Sources: Principal’s New Cash Contribution ($)” reflects the cash contributed to the borrower by one or more of the equity owners at the time the Mortgage Loan was originated.
   
(9) The Mortgage Loan is part of a whole loan structure. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%) and Loan Per Unit ($) calculations are based on the Mortgage Loan and any related Pari Passu Companion Loans, if applicable, but exclude any related Subordinate Companion Loans.
   
(10) The Mortgage Loan is part of a whole loan that was co-originated by Goldman Sachs Bank USA, DBR Investments Co. Limited and Bank of Montreal.
   
(11) The defeasance lockout period will be at least 25 payment dates beginning with and including the first payment date in September 2021. Defeasance of the One SoHo Square Whole Loan in whole or in part is permitted at any time on or after the first payment date following the earlier to occur of (i) July 9, 2024 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. In addition, the One SoHo Square Whole Loan may be voluntarily prepaid in whole or in part, at any time, subject to payment of a prepayment fee equal to the yield maintenance amount if such prepayment occurs prior to March 6, 2028. The assumed defeasance lockout period of 25 payments is based on the expected Benchmark 2021-B29 securitization closing date in September 2021. The actual lockout period may be longer.
   
(12) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the inclusion of the present value of contractual rent step increments over the remainder of the investment-grade tenants’ lease terms ($5,035,662), as well as incremental expense reimbursements to account for adjusted real estate taxes ($5,573,438).
   
(13) The Fifth Largest Tenant, Juul Labs, has yet to take occupancy of its space but continues to pay its current rent. This space is presently on the market for sublease. We cannot assure you that this space will be subleased or that Juul Labs will continue to pay rent.
   
(14) The related Mortgaged Property has received a final certificate of eligibility from the New York Department of Finance with respect to a retrospective tax abatement for the Mortgaged Property under the Industrial & Commercial Abatement Program (“ICAP”). Once the ICAP benefits are in effect, they will be retroactive for the 2017/2018 tax year for the east tower at the Mortgaged Property and for the 2018/2019 tax year for the west tower at the Mortgaged Property. Upon expiration of such program or if such program is otherwise terminated, the borrowers would be required to pay higher, and in some cases substantially higher, real estate taxes. Prior to expiration of such program, the tax benefit to the Mortgaged Property may decrease throughout the term of the expiration date until the expiration of such program.
   
(15) The Largest Tenant, Flatiron Health, originally put up approximately 111,000 SF (approximately 49%) of its leased space for sublease during the COVID-19 pandemic. It currently has approximately 40,890 SF (approximately 17.9%) of its leased space up for sublease, of which 30,668 SF has been subleased to Petal Card, Inc. for three years at approximately 35% of Flatiron Health’s contractual rent. We cannot assure you that Flatiron Health will be able to sublease its remaining space or continue paying rent.
   
(16) From and after the anticipated repayment date of August 1, 2031, (i) interest will accrue on the outstanding principal amount of the Whole Loan at 5.97000% (the “Adjusted Interest Rate”), compounded monthly, but the borrower will continue to make payments of interest in an amount equal to the interest accrued at the Interest Rate %, with the difference between interest accrued at the Adjusted Interest Rate and interest accrued at the Interest Rate % being deferred and paid at maturity (such deferred amount, “Accrued Interest”); and (ii) excess cash flow will be applied first to the outstanding principal amount of the Whole Loan until the amount thereof has been reduced to $0, then to Accrued Interest until the amount thereof has been reduced to $0.

A-1-45

 

   
(17) The sole tenant at the Mortgaged Property, Micron, has contractually subleased 172,405 square feet (the “Subleased Space”) at one of the three buildings comprising the Mortgaged Property (approximately 28.6% of the net rentable area of the Mortgaged Property) to Zscaler, Inc. (“Zscaler”). Zscaler currently occupies 103,443 square feet of such Subleased Space and is contractually obligated to expand into (i) 34,481 square feet of such Subleased Space on the fourth floor in October 2022 and (ii) 34,481 square feet of such Subleased Space on the third floor in October 2025. The sublease covering the entire Subleased Space terminates in September 2026, with two, one-year renewal options.
   
(18) After the anticipated repayment date, the lender may, at the lender’s option in its sole discretion, waive the borrower’s requirement to make monthly deposits into the Monthly RE Tax Reserve ($) and the Monthly Insurance Reserve ($) during the cash sweep period.
   
(19) The borrower owns an undivided one-half interest as a tenant-in-common in the common areas of 95 Headquarters Drive, which are the portion of the property from elevation 90 feet downward to the center of the earth. Each of the borrower and the other unit owner has waived its right of partition. See “Description of the Mortgage Pool—Mortgage Pool Characteristics—Condominium Interests and Other Shared Interests” for additional information.
   
(20) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the contractual rent steps.
   
(21) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily driven by leasing up of the Mortgaged Property.
   
(22) The Largest Tenant, OpenDoor, is entitled to an abatement of monthly base rent in an amount equal to approximately $693,048 per year during the first two months during each of the first four years of the term of its related lease. The Third Largest Tenant, Robinhood, has the right to terminate 34,259 SF of its 12th floor premises as of October 31, 2024, with 12 month’s written notice to the landlord. Robinhood has also executed a lease for an additional 19,564 SF, representing approximately 6.3% of the NRA at the Mortgaged Property, but is not yet in occupancy of or paying rent on such space. Robinhood is expected to take occupancy of and commence paying rent on such space in November 2021, after which it is entitled to a five month free rent period. Further, as of the origination date, Robinhood had three months of free rent on its existing space. In addition, the Fourth Largest Tenant, Align, has executed a lease for a space on the 13th floor, representing approximately 11.1% of the NRA at the Mortgaged Property, but is not yet in occupancy or paying rent on such space. Align is currently occupying 5,357 SF on the 9th floor at the Mortgaged Property pending the completion of the related build out of its space on the 13th floor. Align is anticipated to take occupancy in September 2021, after which it is entitled to a five month free rent period. The Fifth Largest Tenant, Emcor, was entitled to three months of free rent as of the origination date.
   
(23) The Mortgaged Property is 92.8% leased inclusive of 18.4% of NRA that is leased but not yet occupied by the tenants Align (11.1% of NRA), Robinhood (6.3% of NRA), PokiLuv (0.6% of NRA) and Drybar (0.5% of NRA). The Second Largest Tenant, WeWork, subleases an entire floor to Amazon pursuant to an enterprise agreement. The term of such agreement is unknown.
   
(24) The “Market Value Assuming Paid-off TIs, LCs & Rent Abatements” appraised value of $186,150,000 is based on the condition that the contractual TI/LC obligations have been fulfilled and there is no outstanding free rent. At origination, all outstanding TI/LCs and free rent was held back in a lender reserve account. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) calculated based on the “as-is” appraised value of $180,000,000, as of May 11, 2021, are both 67.2%.
   
(25) The collateral is a leasehold interest in the Mortgaged Property via two ground leases (collectively, the “GPLET Leases”) covering the entirety of the Mortgaged Property for purposes of effectuating an abatement of the Government Property Lease Excise Tax (the “GPLET”). The landlord under said GPLET Leases is the City of Tempe and the tenant is the borrower. The term of the leases is eight years, which commenced on February 4, 2020 and May 18, 2020, respectively, during which term the GPLET will be abated. Upon the expiration or early termination of the term of the GPLET Leases or upon any earlier termination of the lease, ownership of the fee interest in the Mortgaged Property will automatically vest in the borrower and the lender’s deed of trust will be spread to such fee interest. The ground leases will expire on May 17, 2028 for Lot 1 and February 3, 2028 for Lot 3.
   
(26) The Mortgaged Property was built in 2020, therefore only 2020 and TTM operating history are available.
   
(27) The cash management event is triggered when the debt service coverage ratio is less than 1.20x from origination to August 6, 2030, and when the debt service coverage ratio is less than 1.40x from September 6, 2030 to loan maturity.
   
(28) The 345 multifamily units at the related Mortgaged Property are 100% leased to Sonder USA Inc. (“Sonder”). Sonder’s lease will expire on a floor-by-floor basis starting on February 28, 2031 and ending on October 31, 2031. The Mortgaged Property also contains 27,989 SF of classroom/play space (of which the interior space consists of 22,989 SF) that is leased to The New York City Board of Education through February 13, 2031. The residential component and classroom/play space component comprise a single condominium unit that includes most of the 1st floor, floors 2-15, and a portion of the cellar, with a second non-collateral condominium unit in the same building owned by Nyack College comprised of floors 16-21 and the remaining 1st floor and cellar space. The overall condominium regime also includes condominium units in adjacent buildings.
   
(29) The defeasance lockout period will be at least 25 payment dates beginning with and including the first payment date in September 2021. The borrower has the right to defease the 2 Washington Whole Loan in whole (and not in part) after the earlier to occur of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) July 20, 2024. The assumed defeasance lockout period of 25 months is based on the expected closing date of the Benchmark 2021-B29 securitization in September 2021. The actual lockout period may be longer.

A-1-46

 

   
(30) The entire multifamily portion of the Mortgaged Property (comprised of 345 multifamily units) is master leased to Sonder. Sonder has taken possession of and commenced paying rent on the multifamily units at the Mortgaged Property pursuant to a phased lease and rent commencement schedule. Pursuant to such schedule, Sonder is entitled to certain rent abatement periods including, (i) following the occurrence of the lease commencement date for any individual phase, (x) a 100% abatement for the first monthly installment of base rent with respect to the multifamily units related to such phase, (y) a 50% abatement for the 2nd through 12th monthly installments of base rent with respect to the multifamily units related to such phase, and (z) a 25% abatement for the 21st through 28th, 45th through 48th, and 57th through 60th monthly installments of base rent with respect to the multifamily units related to such phase, and (ii) following the occurrence of the last lease commencement date (the “Final Phase Date”), (a) a 100% abatement of base rent with respect to all multifamily units for the 37th, 61st and 85th monthly installments of base rent after the Final Phase Date and (b) a 100% abatement of base rent for a month of Sonder’s choice with respect to all multifamily units following the 36th month after the Final Phase Date. At origination, the borrower deposited $3.0 million with the lender into a rent concession reserve. The reserve will be disbursed to the lockbox as rent in 12 equal installments over the first 12 months following the origination date, and will not be replenished. The reserve is not expected to be sufficient to cover all of the aforementioned rent abatement periods.
   
(31) The New York City Board of Education, which represents 13.0% of the net rentable area and 7.8% of underwritten base rent at the Mortgaged Property, has the right to terminate its lease at any time upon 180 days’ notice.
   
(32) The Mortgage Loan is structured with a hard lockbox. Upon a residential reversion (i.e. if the Sonder master lease is no longer in effect and the Mortgaged Property reverts to standard multifamily use), the residential component will have a soft lockbox while the commercial component is required to continue to have a hard lockbox.
   
(33) The Mortgaged Property was recently converted from office to multifamily with the final phase reaching substantial completion at the beginning of March 2021, and the borrower entered into a new lease with Sonder for all multifamily units commencing in September 2020. Accordingly, the Mortgaged Property has limited operating history.
   
(34) The Mortgage Loan is part of a whole loan that was co-originated by Goldman Sachs Bank USA and Bank of America, N.A.
   
(35) The Mortgaged Property is an 886,526 square foot Class A anchored retail development consisting of 730,285 SF of retail space and 156,241 SF of office space within the larger Domain development.
   
(36) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the fact that the most recent period reflects months impacted by the COVID-19 pandemic. In addition, the Underwritten Net Operating Income ($) includes rent steps, improved sales and new leases signed.
   
(37) The borrowers have provided guaranties in lieu of making cash deposits for the Outstanding TI/LC Reserve and Gap Rent Reserve. The borrowers are also entitled to provide guaranties in lieu of any springing monthly deposits into all other reserves under such Mortgage Loan.
   
(38) The Mortgage Loan agreement permits the borrowers to enter into a PACE Loan secured by the related Mortgaged Property for an amount not to exceed $5,000,000. The Mortgage Loan agreement defines “PACE Loan” as any “Property-Assessed Clean Energy loan” or any other indebtedness, without regard to the name given to such indebtedness, which is (i) incurred for improvements to the Mortgaged Property for the purpose of increasing energy efficiency, increasing use of renewable energy sources, resource conservation, or a combination of the foregoing, and (ii) repaid through multi-year assessments against the Mortgaged Property.
   
(39) The Monthly RE Tax Reserve ($) reflects the monthly tax amounts associated with InCommercial Net Lease Portfolio - Fresenius Chicago, InCommercial Net Lease Portfolio - Pick N’ Save Eagle River, InCommercial Net Lease Portfolio - Tractor Supply Eagle River, and InCommercial Net Lease Portfolio - Pick N’ Save Columbus Mortgaged Properties which did not meet the Reserve Waiver Conditions specified in the Loan Documents at origination.
   
(40) The Monthly Insurance Reserve ($) reflects the monthly insurance amounts associated with each of the InCommercial Net Lease Portfolio #4 Mortgaged Properties which did not meet the Reserve Waiver Conditions specified in the Loan Documents at origination for a portion of the insurance coverages, which are maintained by the borrower.
   
(41) The Appraised Value ($) represents the “hypothetical as is” which assumes that the single parcel in which InCommercial Net Lease Portfolio #4 - Pick N’ Save Eagle River and InCommercial Net Lease Portfolio #4 - Tractor Supply Eagle River are situated can be legally separated from the rest of the parcel and sold separately.
   
(42) Under the terms of the related Mortgage Loan documents, the first payment date is the due date in November 2021, and the Original Interest-Only Period (Mos.), Remaining Interest-Only Period (Mos.), Original Term To Maturity / ARD (Mos.) and Remaining Term To Maturity / ARD (Mos.) are each 120 months. However, due to the fact that the related mortgage loan seller will contribute an initial interest deposit amount to the Issuing Entity on the Closing Date to cover an amount that represents one month’s interest that would have accrued with respect to the Mortgage Loan at the related interest rate with respect to an October 2021 payment date, such Mortgage Loan is being treated as having a first payment date on the due date in October 2021, and an Original Interest-Only Period (Mos.), Remaining Interest-Only Period (Mos.), Original Term To Maturity / ARD (Mos.) and Remaining Term To Maturity / ARD (Mos.) of 121 months.
   
(43) The Mortgaged Property is a 404,000 SF industrial building, which consists of warehouse/manufacturing space (389,000 SF, 96.3% of NRA) and office space (15,000 SF, 3.7% of NRA).
   
(44) The sole tenant of the Mortgaged Property is PUREgraphite LLC, an affiliate of the borrower, under a lease that became effective upon the origination date of the Mortgage Loan. Accordingly, the Mortgaged Property has limited operating history.
   
(45) In connection with an anticipated partial tax abatement in favor of the borrower and the sole tenant, the fee simple interest is currently held by the industrial development board of the city of Chattanooga, which has granted an accommodation fee mortgage to the lender.
   
(46) The term of the ground lease expires on December 31st of the year in which the tax abatement period expires. The 10-year tax abatement will commence not later than January 1, 2027. However, a firm date for the commencement of the abatement period has not been determined yet. In order to receive the abatement, the Mortgaged Property must satisfy the minimum jobs requirement (240 full-time jobs with an average annual salary of $42,000) and the minimum investment requirement ($120 million).

A-1-47

 

   
(47) The Mortgage Loan is structured with an $8 million upfront holdback reserve that will be released upon satisfaction of the earnout release conditions set forth in the loan agreement, including but not limited to: (a) the borrower’s delivery to the lender of evidence of the completion and payments in full for capital expenditure work relating to the build-out of the premises and satisfaction of all applicable licensing, permitting, zoning and other similar legal requirements, (b) tenant’s and/or borrower’s certification that certain specified equipment identified in the loan agreement, or similar equipment of similar value and purpose, as determined by the lender in its sole discretion, has been purchased and installed and is being utilized by the tenant in the ordinary course at the Mortgaged Property, (c) the tenant is operating in its leased premises in the ordinary course, (d) no cash-management “trigger event” has occurred and is continuing, and (e) the absence of any shutdown or “shelter-in-place” requirements related to the COVID-19 pandemic that would have a material adverse effect on tenant’s operation of its business at the Mortgaged Property. To the extent the earnout release conditions have not been satisfied in full on or before July 28, 2023, the borrower will no longer be entitled to any disbursement of the earnout reserve and lender will have the option, on any date from and after such deadline, to apply the earnout reserve funds to the payment of the Mortgage Loan, and in connection with any such application of the reserve, to require payment by the borrower of a yield maintenance premium.
   
(48) The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity are calculated based on “Prospective Value Upon Completion” appraised value of $47,400,000 as of December 16, 2021, which is based on the extraordinary assumption that a proposed $5.4 million of capital improvements will be completed according to the scope and timing provided to the appraisal firm, and that the budgeted costs will be sufficient to complete the work. At origination, approximately $6.2 million, representing 115% of the budgeted capital improvements was reserved. Upon the lender’s receipt of fully executed contracts for the capital improvements work, the borrower is required to deposit, or the lender is required to release, funds, as applicable, so that the amount of the reserve is equal to 105% of the cost of the remaining work under such contracts. Based on the “As Is” appraised value of $41,700,000, the Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity would be 72.1% and 52.1%, respectively.
   
(49) If and when both Target and BJ’s have exercised their respective renewal options that exist under their respective leases, the Monthly TI/LC Reserve ($) will be reduced to approximately $6,899.
   
(50) The Mortgaged Property is a nine-story, 95-unit multifamily complex with approximately 7,880 SF of commercial space and a 92-space parking garage. Twelve residential units are leased through a master lease with Dan Housing Management Inc which expires in October 2022, and three residential units are leased to SoSuite Inc. through February 2022. SoSuite Inc. leases the units as short-term rentals, including through vendors such as Airbnb. The residential portion of the Mortgaged Property is 100% occupied and the commercial portion has 1,660 SF of vacant space, resulting in an overall occupancy of approximately 98.2%.
   
(51) The Mortgage Loan documents permit, subject to satisfaction of zoning compliance and certain other conditions more fully set forth in the Mortgage Loan documents, the conversion of an approximately 46,000 square foot currently non-revenue generating portion of the Mortgaged Property to a self-storage use.
   
(52) The Second Largest Tenant at the 524 Courtlandt Mortgaged Property, Maximus Inc, has the right to terminate its lease upon 90 days’ notice that the government entity with which the tenant has contracted for services has terminated the tenant’s contract.
   
(53) A land use restriction agreement (the “Falls of Deer Park LURA”) affecting the Mortgaged Property was put in place by the Resolution Trust Corporation in 1993 and will expire in May 2033. The Falls of Deer Park LURA requires that a total of 266 units must be made available to low and very low-income families. 146 units are required to be leased to “low income” tenants (having an income at or below 80% of the area median income (“AMI”)) and 120 of the units are required to be leased to “very-low income” tenants (having an income at or below 50% of the AMI). Based on the rent roll dated August 24, 2021, the Mortgaged Property is 84.1% occupied with 226 units occupied with “very low income” tenants, 45 units occupied with “low income” tenants (271 combined “low income” and “very low income” tenants meeting the minimum required of 266 units), and 100 units occupied with “market rate” tenants. The remaining 70 units are “market rate” vacant units. Rent for “low income units” is capped at 30% of adjusted income of a family whose income equals 65% of AMI for “low income” tenants and is capped at 30% of adjusted income of a family whose income equals 50% of AMI, for “very low income” tenants, with specific rent limits promulgated by the Department of Housing and Urban Development.
   
(54) The Mortgaged Property is a leased fee. The ground lease expires on November 30, 2030 and has six, 10-year extension options and one, nine-year extension option for a fully extended expiration date of November 30, 2099. Ground rent is currently $2,463,544 through November 2021, and will increase annually at the consumer price index with periodic fair market value resets throughout the term. The related borrower (as successor-in-interest to the borrower sponsor and its affiliates, as tenants in common), as ground lessor, entered into a deferred rent agreement with the ground lessee on November 25, 2020 that allowed the ground lessee to defer a total of $800,000 in ground rent payments between December 1, 2020 and July 1, 2021. Pursuant to the agreement, the ground lessee is required to pay the deferred rent in 12 equal monthly installments commencing on May 1, 2022 through April 1, 2023, plus an additional $85,000 in consideration for the rent deferment.
   
(55) Commencing on the Initial Maturity Date, the interest rate will increase to a per annum rate equal to 250 basis points plus the greater of (x) 2.29500% or (y) the Swap Rate as of the Initial Maturity Date plus 250 basis points.
   
(56) The Appraised Value ($) represents the “as complete” appraised value, which assumes the deferred maintenance items have been cured. The “as is” Appraised Value is $37,200,000, which results in a Mortgage Loan Cut-off Date LTV Ratio (%) and Mortgage Loan LTV Ratio at Maturity / ARD (%) of 64.2% and 57.9%, respectively.
   
(57) With respect to Celeros Houston, the Celeros Houston borrower has the right to borrow a mezzanine loan subordinate to the Celeros Houston loan, subject to credit and legal criteria specified in the Celeros Houston loan documents, including, without limitation: (i) a combined maximum loan to value ratio (based on appraisals ordered by the lender in connection with the origination of the mezzanine loan and calculated based on the outstanding principal balance of the Celeros Houston Loan and the initial principal amount of the mezzanine loan) of 63.2%, (ii) a debt service coverage ratio at the origination of the mezzanine loan at least equal to 1.55x, in each case of this clause (ii) and the following clause (iii), inclusive of the additional mezzanine debt, (iii) the debt yield as the date of origination is at least 8.52%, (iv) an intercreditor agreement reasonably satisfactory to the lender and (v) if required by the lender, lender’s receipt of a rating agency confirmation with respect to the additional mezzanine debt.

A-1-48

 

   
(58) The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) with respect to the Paragon Films Sale-Leaseback – 255W. Baab Industrial Park Drive individual Mortgaged Property are calculated using the Prospective Market Value “Upon Completion” appraised value as of October 21, 2021, which assumes the completion of a 31,000 square-foot expansion to the Mortgaged Property. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) calculated based on the “as-is” appraised value of $10,500,000, as of June 21, 2021, are both 69.5% for the Paragon Films Sale-Leaseback Mortgage Loan.
   
(59) The sole tenant at the Mortgaged Properties is permitted under its lease at any time to cease operations at a portion of its premises that does not exceed 50% of the rentable square footage of an individual Mortgaged Property or a total of 113,000 square feet of the aggregate rentable square footage of the portfolio of Mortgaged Properties.
   
(60) The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) are calculated using the “As Is – Inclusive of NPV of Tax Treaty” appraised value as of June 7, 2021, which is inclusive of the net present value of the tax benefits under the tax stabilization program provided by the City of Pawtucket, Rhode Island. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) calculated based on the “As Is Apts Excluding Tax Treaty” appraised value of $31,800,000, as of June 7, 2021, are both 67.6%.
   
(61) The Mortgaged Property was historically used as a mill but was converted to multifamily residential apartments. In connection with the rehabilitation and conversion of the Mortgaged Property, the borrower sponsor benefitted from federal historic tax credits, state historic tax credits and an additional “Rebuild Rhode Island” state tax incentive program. See “Description of the Mortgage Pool—Mortgage Pool Characteristics—Property Types—Multifamily Properties” in this prospectus for additional information.
   
(62) The Mortgaged Property is subject to a certain tax stabilization agreement (the “Tax Stabilization Agreement”) with the City of Pawtucket, Rhode Island through 2029 (the “Stabilization Period”). Pursuant to the Tax Stabilization Agreement, the developer of the Mortgaged Property is required each year during the Stabilization Period to pay, or cause to be paid, in lieu of the real estate taxes and assessment, a baseline tax in the amount of $18,915 plus the stabilization tax amount in the amount calculated in accordance with the Tax Stabilization Agreement. The total payment during the Stabilization Period results in tax savings in the amount equal to a net present value of $1,242,300. The Mortgage Loan was underwritten based on the tax abatement.
   
(63) The lockout period will be at least 26 payment dates beginning with and including the first payment date in August 2021. Defeasance of the ExchangeRight Net Leased Portfolio #48 Whole Loan is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) June 30, 2024. The assumed defeasance lockout period of 26 payment dates is based on the expected Benchmark 2021-B29 securitization closing date in September 2021. The actual lockout period may be longer.
   
(64) The Largest Tenant of the Mortgaged Property, Tutor Perini Corp., is owned and operated by the non-recourse carveout guarantor for the Mortgage Loan.
   
(65) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily driven by leasing up of the Mortgaged Property, tenants paying back of COVID rent deferments and abatements, and the decrease in utility expense due to discontinuation of an old utility meter.
   
(66) The 931-955 Coney Island Avenue Mortgaged Property is comprised of 48 multifamily units and 28,459 square feet of commercial space.
   
(67) Unless certain renewal criteria have been satisfied, the borrower is required to deposit into the Rollover Account on each monthly payment date beginning with the monthly payment date occurring in May 2024 through and including the monthly payment date occurring in January 2025, an additional amount equal to $27,500 (the “First Renewal Event Monthly Deposit”). Unless the TJ Maxx lease and the Michael’s lease are each renewed or replaced and the term of such renewal or replacement leases each extend at least two years beyond the end of the loan term, on the monthly payment date occurring in the month which is the earlier of (a) nine months prior to September 6, 2031 or (b) nine months prior to the earliest stated expiration of the TJ Maxx lease and the Michael’s lease, in each case, as renewed or replaced in connection with the satisfaction of the first renewal event criteria (the “Renewal Expiration Date”) and on each of the eight successive monthly payment dates thereafter, the borrower is required to deposit into the Rollover Account an additional amount equal to $27,500. The borrower’s obligation to make such additional deposits is suspended if the borrower delivers to the lender cash or a letter of credit in the amount of $247,500. If certain renewal criteria are satisfied, the Rollover Account is capped at $775,000.
   
(68) The Third Largest Tenant, DSW Shoe Warehouse (17,032 SF, 15.0% of NRA), has the right to terminate the lease with a termination fee of $103,000 if the tenant’s gross sales from the Mortgaged Property are less than $2,062,500 for the period from October 1, 2021 to September 30, 2022. The Fourth Largest Tenant, Five Below (9,418 SF, 8.3% of NRA), has the right to terminate the lease with a termination fee of 50% of the unamortized construction allowance if the tenant’s gross sales are less than $1.9 million for the period from August 1, 2023 to July 31, 2024; provided that if the termination date falls within the months of September, October, November or December, the tenant has the option to extend to the immediately succeeding January 31st.
   
(69) The Largest Tenant at the Mortgaged Property, Blue Cross Blue Shield, has a one-time right to terminate its lease effective as of May 31, 2027 by providing written notice by May 31, 2026 and paying a termination fee in an amount equal to the sum of six months of base rent plus 30% of the total brokerage commissions the landlord paid to the brokers pursuant to the lease.
   
(70) The Fourth Largest Tenant at the 47-01 Queens Boulevard Mortgaged Property, Veteran Affairs, has the right to terminate its lease anytime after September 30, 2022, upon 90 days’ written notice.
   
(71) Except during the period that is 60 days prior to and 60 days after a securitization, AD Summit LLC (“AD Summit”), DD Summit, LLC (“DD Summit”), SD Summit, LLC (“SD Summit”) and VD Summit, LLC (“VD Summit”) (each of the foregoing, a “Transferring TIC Borrower”) will have the right to convey to Summit Orchards Partners (DE), LLC (“Orchards Partners”) such Transferring TIC Borrower’s interest in the Mortgaged Property and have Orchards Partners assume all of such Transferring TIC Borrower’s obligations under the Mortgage Loan documents (each, a “TIC Buyout”), subject to the satisfaction of certain conditions set forth in the Mortgage Loan documents, including, without limitation, (a) after giving effect to such TIC Buyout, and at all times thereafter, the Non-Recourse Carveout Guarantor will (A) continue to control the remaining borrowers (the “Remaining Borrowers”), and (B) own, directly or indirectly, no less than 30% of the legal and beneficial ownership interests in the Remaining Borrowers, (C) remain liable under the non-recourse carveout guaranty, as amended to reflect the TIC Buyout, (D) not be released for acts that arise after such TIC Buyout, and (E) continue to be the Non-Recourse Carveout Guarantor for all purposes under Mortgage Loan documents.

A-1-49

 

   
(72) With respect to the Fifth Largest Tenant, Petland, in the event there is a significant change in any federal, state, or local law, rule, and/or regulation which has a materially adverse effect on the tenant’s ability to sell puppies sourced from USDA licensed and/or hobby breeders, the tenant may terminate its lease by providing notice of such election within 180 days of such materially adverse change (such notice must include a specific identification of such materially adverse change), in which event the lease will terminate 90 days after the date of such notice and otherwise in accordance with the lease.
   
(73) The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) are calculated using the “Hypothetical Market Value As-If Leasing Cost Escrow Is Funded” appraised value as of May 19, 2021, which assumes that an escrow has been established and funded to pay remaining/outstanding tenant improvement costs, leasing commissions, base rent and expense reimbursements for four tenants, including the Fourth Largest Tenant, Five Below, and the Fifth Largest Tenant, Petland, until actual rent payments commence under the leases. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) calculated based on the “As-Is” appraised value of $19,150,000, as of May 19, 2021, are both 65.3%.
   
(74) The Largest Tenant at the 19th & Northern Marketplace Mortgaged Property, Sprouts, may terminate its lease effective May 31, 2024, upon notice between June 1, 2023 and November 30, 2023.
   
(75) The Largest Tenant at the 19th & Northern Marketplace Mortgaged Property, Sprouts, has no obligation to continuously conduct business in the Premises; provided, however, that if Sprouts does so for 60 or more consecutive days, then the Landlord may terminate the Lease by giving Tenant 30 days’ notice.
   
(76) The Third Largest Tenant at the 19th & Northern Marketplace Mortgaged Property, Walgreens (Ground Lease), may terminate its lease on February 15, 2022, February 15, 2027, and every five years thereafter through and including February 15, 2062.
   
(77) The Third Largest Tenant at the 19th & Northern Marketplace Mortgaged Property, Walgreens (Ground Lease), has no obligation to continuously conduct business in the Premises; provided, however, that if Walgreens discontinues operations at the Premises after the first 20 years of the term of the Lease, for a continuous period in excess of 6 months, then the Landlord may terminate the Lease.
   
(78) The Fifth Largest Tenant at the 19th & Northern Marketplace Mortgaged Property, Hobby Bench, may terminate its lease in the case of the death or permanent disability of either Leroy Piester or Betty Piester, and such death or permanent disability results in Tenant discontinuing the operation of its business.
   
(79) The borrower is required to deposit into the lease sweep reserve (i) on each monthly payment date beginning with the monthly payment date occurring in April 2026 through and including the monthly payment date occurring in August 2026, an amount equal to $50,000, (ii) on each monthly payment date beginning with the monthly payment date occurring in September 2026 through and including the monthly payment date occurring in March 2027, an amount equal to $35,000 (each of the deposits set forth in the foregoing sub-clauses (i) and (ii) a “Nobel Biocare Monthly Deposit”) and (iii) on each monthly payment date during a lease sweep period, all available cash will be paid to lender, which amounts will be transferred by lender into the lease sweep account. Notwithstanding anything to the contrary in the foregoing, the borrower will not be required to make a Nobel Biocare Monthly Deposit if borrower has delivered to lender evidence reasonably acceptable to lender that the lease sweep lease renewal criteria have been satisfied in accordance with the terms of the loan agreement prior to the applicable monthly payment date.
   
(80) The TI/LC Caps ($) will be reduced from $610,000 to $500,000 after March 6, 2027 if the lease sweep lease renewal criteria set forth in the loan agreement are satisfied.
   
(81) In connection with a payment in lieu of taxes (“PILOT”) arrangement, the Mortgage Loan is secured by the borrower’s leasehold interest in the Mortgaged Property. The Mortgage Loan is also secured by the fee interest of the ground lessor (the County of Warren, Kentucky) in the Mortgaged Property (although the ground lessor will not be personally liable for any of borrower’s obligations under the loan documents). The borrower is required to purchase the ground lessor’s fee interest in the Mortgaged Property upon expiration of the ground lease on December 31, 2023 for $1, at which time the ground lessor will be released from the mortgage and borrower’s fee interest in the Mortgaged Property will be encumbered by the mortgage.
   
(82) The Mortgaged Property is subject to a PIP dated June 15, 2021 expected to cost between approximately $1.86 million to approximately $2.02 million in conjunction with extending of the franchise agreement with IHG to November 13, 2037. Pursuant to the PIP, renovations to the hotel exterior, public areas, amenities and guestrooms are required to be completed by November 1, 2025. At origination, $610,000 was deposited into a PIP, and $75,000 is required to be deposited into such reserve on each monthly payment date beginning in March 2022 through August 2022, and $60,000 is required to be deposited into such reserve on each monthly payment date beginning in March 2023 through August 2023 and beginning in March 2024 through August 2024. The PIP has an initial cap of $2,000,000, which will be reassessed, if the borrower delivers a revised PIP, to an amount equal to 110% of the total cost of such revised PIP.
   
(83) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the ramp-up of room revenues since the easing of the COVID-19 travel restrictions.
   
(84) On each Payment Due Date, the borrower is required to deposit into the Monthly Replacement / FF&E Reserve ($) (a) for the first 24 Payment Due Dates, 2.0% of the gross income from operations, (b) for the next 12 Payment Due Dates, 3.0% of the gross income from operations, and (c) for all Payment Due Dates thereafter, 4.0% of the gross income from operations.
   
(85) The Appraised Value ($) represents the “as stabilized appraised value” which accounts for the lease up of the vacant space.
   
(86) The increase from Most Recent NOI ($) to Underwritten Net Operating Income ($) at the Tonnelle Square Two Mortgaged Property can be attributed to recent leasing.
   
(87) The Second Largest Tenant at the Tonnelle Square Two Mortgaged Property, Tito LLC, has a one-time right to terminate its lease on December 1, 2021, upon 60 days’ written notice.
   
(88) The Third Largest Tenant at the Tonnelle Square Two Mortgaged Property, I Fulfill You, has a one-time right to terminate its lease on February 28, 2022, upon 60 days’ written notice.
   
(89) The Fourth Largest Tenant at the Tonnelle Square Two Mortgaged Property, Amberleaf Cabinetry, has the right to terminate its lease on February 1, 2022 and February 1, 2023, upon 60 days’ written notice.

A-1-50

 

   
(90) The Mortgage Loan entered into a cash management trigger period as of the end of the first quarter of 2020 as a result of the debt service coverage ratio falling below 1.15x (assuming a 30-year amortization schedule). The debt service coverage ratio on the Mortgage Loan was negative (i.e. below 0.0x) calculated on both an amortizing and an interest only basis, during the first two quarters of 2020 and was substantially below 1.00x, calculated on both an amortizing and interest only basis, during the remaining quarters of 2020 and the first quarter of 2021. The debt service coverage ratio for the second quarter of 2021 on an amortizing basis was 1.25x. The debt service coverage ratio is required to be above 1.20x for two consecutive quarters in order for the cash management trigger period to be cured.
   
(91) The CUP holdback reserve of $1,000,000 will be disbursed to the borrower, provided no event of default is continuing and upon delivery of evidence satisfactory to the lender that the borrower has obtained a renewed use permit in accordance with the terms and conditions set forth in the loan agreement.
   
(92) The Monthly RE Tax Reserve ($) reflects the monthly tax amount associated with the NNN Portfolio - Dollar Tree - Monument Mortgaged Property, which did not meet the Reserve Waiver Conditions specified in the Loan Documents at origination.
   
(93) The NNN Portfolio Mortgage Loan includes a Specified Tenant Credit Rating Reserve at the option of the borrower which springs upon the following conditions having been met (i) a Trigger Period exists solely as a result of the occurrence of a Credit Rating Trigger; (ii) each Specified Tenant (including, without limitation, any Specified Tenant that is the subject of the applicable Credit Rating Trigger) is paying full rent due under its applicable Specified Tenant Lease; and (iii) the aggregate balance of funds on deposit in the Excess Cash Flow Account, the Specified Tenant Credit Rating Reserve Account (if applicable) and the Leasing Reserve Account equals at least (A) $138,000, in the case of a Credit Rating Trigger occurring with respect to Dollar Tree, (B) $100,000, in the case of a Credit Rating Trigger occurring with respect to Walgreens, (C) $217,000 in the case of a Credit Rating Trigger occurring with respect to Rite Aid (it being acknowledged and agreed that, the foregoing amounts will be aggregated as applicable for each Specified Tenant that is then subject to a Credit Rating Trigger, up to a maximum cap of $455,000). For the avoidance of doubt, the Specified Tenant Credit Rating Cap Conditions will not be deemed to be satisfied to the extent that a Trigger Period then exists for any reason other than as a result of the occurrence of a Credit Rating Trigger.
   
(94) The Largest Tenant at the Walgreens - Sylvania Mortgaged Property, Walgreens, has the right to terminate the lease upon 6 months’ notice as of July 31, 2024, July 31, 2027, and July 31, 2030.
   
(95) Under the terms of the related Mortgage Loan documents, the first payment date is the due date in November 2021, the Original Interest-Only Period (Mos.) and Remaining Interest-Only Period (Mos.) are each 0 months, and the Original Term To Maturity / ARD (Mos.) and Remaining Term To Maturity / ARD (Mos.) are each 120 months. However, due to the fact that the related mortgage loan seller will contribute an initial interest deposit amount to the Issuing Entity on the Closing Date to cover an amount that represents one month’s interest that would have accrued with respect to the Mortgage Loan at the related interest rate with respect to an October 2021 payment date, such Mortgage Loan is being treated as having a first payment date on the due date in October 2021, an Original Interest-Only Period (Mos.) and Remaining Interest-Only Period (Mos.) of 1 month, and an Original Term To Maturity / ARD (Mos.) and Remaining Term To Maturity / ARD (Mos.) of 121 months.

A-1-51