FWP 1 n573_anxa-x3.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-193376-25
     

 

COMM 2015-LC23

 

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (File No. 333-193376) 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 Securities and Exchange Commission 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 Securities and Exchange Commission website at www.sec.gov. Alternatively, the depositor or Deutsche Bank Securities Inc., 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 1-800-503-4611 or by emailing prospectus.cpdg@db.com. The offered certificates referred to in these materials, and the asset pool backing them, are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis. You understand that, when you are considering the purchase of these certificates, a contract of sale will come into being no sooner than the date on which the relevant class has been priced and we have verified the allocation of certificates to be made to you; any “indications of interest” expressed by you, and any “soft circles” generated by us, will not create binding contractual obligations for you or us.

 

This free writing prospectus does not contain all information that is required to be included in the prospectus and the prospectus supplement.

 

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

 

This material is for your information, and none of Deutsche Bank Securities Inc., Cantor Fitzgerald & Co., Jefferies LLC or any other underwriter (the “Underwriters”) are soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal.

 

Neither this document nor anything contained herein shall form the basis for any contract or commitment whatsoever. The information contained herein is preliminary as of the date hereof. These materials are subject to change, completion or amendment from time to time. The information contained herein will be superseded by similar information delivered to you as part of the offering document relating to the COMM 2015-LC23 Mortgage Trust Commercial Mortgage Pass-Through Certificates (the “Offering Document”). The information contained herein supersedes any such information previously delivered and should be reviewed only in conjunction with the entire Offering Document. All of the information contained herein is subject to the same limitations and qualifications contained in the Offering Document. The information contained herein does not contain all relevant information relating to the underlying mortgage loans or mortgaged properties. Such information is described elsewhere in the Offering Document. The information contained herein will be more fully described elsewhere in the Offering Document. The information contained herein should not be viewed as projections, forecasts, predictions or opinions with respect to value. Prior to making any investment decision, prospective investors are strongly urged to read the Offering Document its entirety. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this free writing prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

 

The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of Underwriters or any of their respective affiliates makes any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities.

 

This document contains forward-looking statements. Those statements are subject to certain risks and uncertainties that could cause the success of collections and the actual cash flow generated to differ materially from the information set forth herein. While such information reflects projections prepared in good faith based upon methods and data that are believed to be reasonable and accurate as of the dates thereof, the depositor undertakes no obligation to revise these forward-looking statements to reflect subsequent events or circumstances. Individuals should not place undue reliance on forward-looking statements and are advised to make their own independent analysis and determination with respect to the forecasted periods, which reflect the issuer’s view only as of the date hereof.

 

IMPORTANT NOTICE RELATING TO AUTOMATICALLY GENERATED EMAIL DISCLAIMERS

 

Any legends, disclaimers or other notices that may appear at the bottom of the email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation being made that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.

  

 

 

COMM 2015-LC23                        
                                                 
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES              
                                                 
            % of       Mortgage       Cut-off       General   Detailed        
Property           Initial Pool   # of   Loan   Original   Date   Maturity   Property   Property   Interest   Administrative
Flag   ID   Property Name   Balance   Properties   Seller(1)   Balance($)(2)(3)   Balance($)(2)(3)   or ARD Balance($)   Type (4)(5)   Type   Rate (6)   Fee Rate (7)
Loan   1   Equity Inns Portfolio (33)   8.3%   21   LCF/GACC   80,000,000   80,000,000   80,000,000   Hospitality   Various   4.9600%   0.0149%
Property   1.01   Homewood Suites Seattle   1.5%   1   LCF/GACC   14,517,241   14,517,241       Hospitality   Extended Stay        
Property   1.02   Homewood Suites Orlando   0.7%   1   LCF/GACC   6,327,586   6,327,586       Hospitality   Extended Stay        
Property   1.03   Courtyard Carlsbad   0.5%   1   LCF/GACC   5,034,483   5,034,483       Hospitality   Select Service        
Property   1.04   Courtyard Houston   0.5%   1   LCF/GACC   4,655,172   4,655,172       Hospitality   Select Service        
Property   1.05   Homewood Suites Stratford   0.4%   1   LCF/GACC   4,310,345   4,310,345       Hospitality   Extended Stay        
Property   1.06   Hampton Inn Urbana   0.4%   1   LCF/GACC   4,275,862   4,275,862       Hospitality   Limited Service        
Property   1.07   Springhill Suites Asheville   0.4%   1   LCF/GACC   3,965,517   3,965,517       Hospitality   Limited Service        
Property   1.08   Hilton Garden Inn Louisville   0.4%   1   LCF/GACC   3,948,276   3,948,276       Hospitality   Select Service        
Property   1.09   Hampton Inn Orlando   0.4%   1   LCF/GACC   3,844,828   3,844,828       Hospitality   Limited Service        
Property   1.10   Hampton Inn Austin   0.4%   1   LCF/GACC   3,793,103   3,793,103       Hospitality   Limited Service        
Property   1.11   Hampton Inn College Station   0.4%   1   LCF/GACC   3,620,690   3,620,690       Hospitality   Limited Service        
Property   1.12   Hampton Inn Indianapolis   0.3%   1   LCF/GACC   3,120,690   3,120,690       Hospitality   Limited Service        
Property   1.13   TownePlace Suites Savannah   0.3%   1   LCF/GACC   2,931,034   2,931,034       Hospitality   Extended Stay        
Property   1.14   Hampton Inn East Lansing   0.3%   1   LCF/GACC   2,758,621   2,758,621       Hospitality   Limited Service        
Property   1.15   Hampton Inn Naperville   0.3%   1   LCF/GACC   2,517,241   2,517,241       Hospitality   Limited Service        
Property   1.16   Hilton Garden Inn Rio Rancho   0.3%   1   LCF/GACC   2,482,759   2,482,759       Hospitality   Select Service        
Property   1.17   Courtyard Dalton   0.2%   1   LCF/GACC   2,034,483   2,034,483       Hospitality   Select Service        
Property   1.18   Hampton Inn Alcoa   0.2%   1   LCF/GACC   1,706,897   1,706,897       Hospitality   Limited Service        
Property   1.19   Homewood Suites Augusta   0.2%   1   LCF/GACC   1,672,414   1,672,414       Hospitality   Extended Stay        
Property   1.20   Residence Inn Jacksonville   0.2%   1   LCF/GACC   1,551,724   1,551,724       Hospitality   Extended Stay        
Property   1.21   Hampton Inn Milford   0.1%   1   LCF/GACC   931,034   931,034       Hospitality   Limited Service        
Loan   2   32 Avenue of the Americas (33)(36)   7.3%   1   GACC   70,000,000   70,000,000   70,000,000   Office   CBD   4.8320%   0.0102%
Loan   3   11 Madison Avenue (33)(34)(35)   7.2%   1   GACC   69,600,000   69,600,000   69,600,000   Office   CBD   3.5602%   0.00895%
Loan   4   1209 DeKalb (35)(36)   4.8%   1   LCF   46,000,000   46,000,000   46,000,000   Multifamily   Mid-Rise   4.7250%   0.0124%
Loan   5   Good Samaritan Medical Tower (36)   4.4%   1   GACC   42,700,000   42,700,000   42,700,000   Office   Medical   4.5400%   0.0124%
Loan   6   Harvey Building Products Portfolio (33)   4.4%   30   LCF   42,000,000   41,953,778   38,651,618   Various   Various   4.8500%   0.0172%
Property   6.01   Londonderry Manufacturing   0.8%   1   LCF   8,113,636   8,104,707       Industrial   Manufacturing        
Property   6.02   Waltham Corporate   0.4%   1   LCF   4,154,182   4,149,610       Office   Suburban        
Property   6.03   Dartmouth Manufacturing   0.4%   1   LCF   3,875,455   3,871,190       Industrial   Manufacturing        
Property   6.04   Nashua   0.2%   1   LCF   1,954,909   1,952,758       Industrial   Warehouse        
Property   6.05   West Bridgewater   0.2%   1   LCF   1,813,636   1,811,640       Industrial   Warehouse        
Property   6.06   Woburn   0.2%   1   LCF   1,794,545   1,792,571       Industrial   Warehouse        
Property   6.07   Manchester, NH   0.2%   1   LCF   1,482,600   1,480,968       Industrial   Warehouse        
Property   6.08   New London   0.1%   1   LCF   1,393,636   1,392,103       Industrial   Warehouse        
Property   6.09   East Haven   0.1%   1   LCF   1,298,182   1,296,753       Industrial   Warehouse        
Property   6.10   Salem   0.1%   1   LCF   1,298,182   1,296,753       Industrial   Warehouse        
Property   6.11   Bethlehem   0.1%   1   LCF   1,260,000   1,258,613       Industrial   Warehouse        
Property   6.12   Lincoln   0.1%   1   LCF   1,212,273   1,210,939       Industrial   Warehouse        
Property   6.13   Berlin   0.1%   1   LCF   1,164,545   1,163,264       Industrial   Warehouse        
Property   6.14   Woburn CPD   0.1%   1   LCF   1,145,455   1,144,194       Industrial   Warehouse        
Property   6.15   Norwalk   0.1%   1   LCF   954,545   953,495       Industrial   Warehouse        
Property   6.16   Dartmouth   0.1%   1   LCF   916,364   915,355       Industrial   Warehouse        
Property   6.17   Braintree   0.1%   1   LCF   859,091   858,145       Industrial   Warehouse        
Property   6.18   Manchester, CT   0.1%   1   LCF   801,818   800,936       Industrial   Warehouse        
Property   6.19   Portland   0.1%   1   LCF   801,818   800,936       Industrial   Warehouse        
Property   6.20   Norwalk   0.1%   1   LCF   725,455   724,656       Industrial   Warehouse        
Property   6.21   Warwick   0.1%   1   LCF   720,873   720,079       Industrial   Warehouse        
Property   6.22   Fitchburg   0.1%   1   LCF   617,782   617,102       Industrial   Warehouse        
Property   6.23   Auburn   0.1%   1   LCF   597,164   596,506       Industrial   Warehouse        
Property   6.24   Portsmouth   0.1%   1   LCF   576,545   575,911       Industrial   Warehouse        
Property   6.25   Southampton   0.0%   1   LCF   477,273   476,747       Industrial   Warehouse        
Property   6.26   Hyannis   0.0%   1   LCF   453,218   452,719       Industrial   Warehouse        
Property   6.27   Wilkes-Barre   0.0%   1   LCF   420,000   419,538       Industrial   Warehouse        
Property   6.28   Berlin CPD   0.0%   1   LCF   410,455   410,003       Industrial   Warehouse        
Property   6.29   Springfield   0.0%   1   LCF   381,818   381,398       Industrial   Warehouse        
Property   6.30   White River Junction   0.0%   1   LCF   324,545   324,188       Industrial   Warehouse        
Loan   7   Beach House Hilton Head (36)   4.2%   1   GACC   40,000,000   40,000,000   34,522,266   Hospitality   Full Service   4.9000%   0.0124%
Loan   8   Whitehall Hotel   3.7%   1   JLC   36,000,000   35,944,447   26,910,934   Hospitality   Full Service   4.9900%   0.0124%
Loan   9   611 Cowper   3.4%   1   GACC   33,000,000   32,914,514   26,543,534   Office   Suburban   4.3500%   0.0799%
Loan   10   Springfield Mall (33)   3.4%   1   CCRE   32,500,000   32,460,817   26,232,336   Retail   Regional Mall   4.4485%   0.0386%
Loan   11   Laguna Niguel Town Center   2.8%   1   LCF   26,500,000   26,433,612   21,438,886   Retail   Unanchored   4.5170%   0.0124%
Loan   12   Hacienda Gardens   2.5%   1   CCRE   24,000,000   24,000,000   24,000,000   Retail   Anchored   4.4905%   0.0324%
Loan   13   Washington Plaza   2.4%   1   CCRE   22,900,000   22,873,570   18,606,962   Retail   Anchored   4.6425%   0.0324%
Loan   14   Carrollwood Station   2.2%   1   JLC   21,500,000   21,500,000   21,500,000   Multifamily   Garden   5.3380%   0.0124%
Loan   15   Murrieta Spectrum   2.1%   1   CCRE   20,600,000   20,600,000   19,680,148   Retail   Anchored   4.9500%   0.0324%
Loan   16   Westin Lake Mary   2.1%   1   GACC   20,000,000   20,000,000   17,758,696   Hospitality   Full Service   5.1400%   0.0124%

 

A-1-1
 

 

                                                 
COMM 2015-LC23                      
                                                 
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES        
                                                 
            % of       Mortgage       Cut-off       General   Detailed        
Property           Initial Pool   # of   Loan   Original   Date   Maturity   Property   Property   Interest   Administrative
Flag   ID   Property Name   Balance   Properties   Seller(1)   Balance($)(2)(3)   Balance($)(2)(3)   or ARD Balance($)   Type (4)(5)   Type   Rate (6)   Fee Rate (7)
Loan   17   Lake Creek Festival   2.1%   1   GACC   19,750,000   19,750,000   16,849,699   Retail   Anchored   4.4600%   0.0124%
Loan   18   Wedgewood Building   2.0%   1   JLC   19,000,000   18,978,686   15,503,018   Office   CBD   4.7670%   0.0124%
Loan   19   Kenhorst Plaza   1.9%   1   LCF   18,300,000   18,300,000   16,902,098   Retail   Anchored   5.1000%   0.0124%
Loan   20   Addison Town Center   1.7%   1   CCRE   16,250,000   16,231,741   13,256,050   Retail   Anchored   4.7600%   0.0324%
Loan   21   A&H Olympic   1.5%   1   GACC   14,200,000   14,200,000   12,921,783   Retail   Unanchored   4.1600%   0.0124%
Loan   22   Brentwood Retail Center (35)   1.4%   1   JLC   13,300,000   13,290,772   11,674,932   Retail   Urban   5.2165%   0.0124%
Loan   23   A&H Maple Avenue   1.4%   1   GACC   13,000,000   13,000,000   11,799,625   Retail   Unanchored   4.0100%   0.0124%
Loan   24   BJs Montgomeryville   1.2%   1   LCF   12,000,000   11,986,486   9,785,801   Retail   Single Tenant   4.7500%   0.0124%
Loan   25   Colerain Center   1.2%   1   CCRE   11,625,000   11,625,000   10,243,840   Retail   Anchored   4.7905%   0.0324%
Loan   26   Whitewater Place   1.2%   1   LCF   11,500,000   11,486,750   9,346,485   Multifamily   Garden   4.6500%   0.0124%
Loan   27   Brown Street Centre   1.2%   1   GACC   11,300,000   11,300,000   9,928,213   Office   Suburban   4.6600%   0.0124%
Loan   28   Biltmore Parks Apartments   1.1%   1   CCRE   11,000,000   11,000,000   10,127,513   Multifamily   Garden   4.8900%   0.0324%
Loan   29   Ortega Village - Retail   1.1%   1   LCF   10,600,000   10,574,134   8,613,669   Retail   Unanchored   4.6470%   0.0124%
Loan   30   Landings Shops and Offices   0.9%   3   CCRE   8,925,000   8,915,490   7,335,962   Various   Various   4.9885%   0.0799%
Property   30.01   Landings Shops and Offices   0.5%   1   CCRE   4,462,500   4,457,745       Mixed Use   Office/Retail        
Property   30.02   Progressive Properties   0.3%   1   CCRE   2,662,500   2,659,663       Office   Medical        
Property   30.03   Kopf Offices   0.2%   1   CCRE   1,800,000   1,798,082       Office   Suburban        
Loan   31   Terraces on Second   0.9%   1   LCF   8,600,000   8,600,000   7,893,678   Multifamily   Student Housing   4.6940%   0.0124%
Loan   32   75 Executive Drive (36)   0.9%   1   LCF   8,200,000   8,169,533   6,630,256   Office   Suburban   4.4990%   0.0124%
Loan   33   Best Buy Boca Raton   0.8%   1   LCF   7,550,000   7,550,000   7,550,000   Retail   Single Tenant   4.6400%   0.0124%
Loan   34   Somerset Apartments   0.8%   1   LCF   7,500,000   7,500,000   6,591,017   Multifamily   Garden   4.6700%   0.0524%
Loan   35   Walgreens VA Beach   0.8%   1   GACC   7,365,000   7,365,000   6,758,768   Retail   Single Tenant   4.6800%   0.0124%
Loan   36   Holiday Inn Express & Suites Rockport   0.8%   1   LCF   7,340,000   7,328,897   5,508,840   Hospitality   Limited Service   5.1000%   0.0124%
Loan   37   Commons at Pembroke   0.7%   1   JLC   7,200,000   7,192,095   5,893,071   Multifamily   Student Housing   4.8600%   0.0124%
Loan   38   Monument Creek (36)   0.7%   1   LCF   6,640,000   6,640,000   6,640,000   Manufactured Housing Community   Manufactured Housing Community   4.4800%   0.0124%
Loan   39   High Country Plaza   0.7%   1   LCF   6,500,000   6,483,964   5,272,283   Retail   Unanchored   4.5930%   0.0124%
Loan   40   Williamsburg Center   0.7%   7   JLC   6,375,000   6,364,771   4,727,360   Office   Suburban   4.7720%   0.0124%
Property   40.01   1734 Corporate Crossing   0.2%   1   JLC   1,501,839   1,499,429       Office   Suburban        
Property   40.02   1728 Corporate Crossing   0.2%   1   JLC   1,444,076   1,441,759       Office   Suburban        
Property   40.03   1722 Corporate Crossing   0.1%   1   JLC   1,386,313   1,384,088       Office   Suburban        
Property   40.04   1035 East Gate Drive   0.1%   1   JLC   677,340   676,254       Office   Suburban        
Property   40.05   735 Seibert Road   0.1%   1   JLC   505,318   504,507       Office   Suburban        
Property   40.06   703 Seibert Road   0.0%   1   JLC   440,809   440,102       Office   Suburban        
Property   40.07   723 Seibert Road   0.0%   1   JLC   419,306   418,633       Office   Suburban        
Loan   41   Shops at Cardiff Ranch   0.7%   1   JLC   6,350,000   6,334,356   5,151,843   Retail   Unanchored   4.6000%   0.0124%
Loan   42   Cobblestone Court II   0.5%   1   GACC   5,200,000   5,194,474   4,275,783   Multifamily   Garden   5.0000%   0.0124%
Loan   43   Hampton Inn & Suites – Portland   0.5%   1   LCF   5,000,000   4,988,391   3,140,015   Hospitality   Limited Service   4.9100%   0.0124%
Loan   44   40 Wall Street (33)   0.5%   1   LCF   5,000,000   4,960,524   3,552,308   Office   CBD   3.6650%   0.0102%
Loan   45   Palisades of Bridgeport   0.5%   1   CCRE   4,600,000   4,595,331   3,806,202   Multifamily   Mid-Rise   5.1935%   0.0324%
Loan   46   Walgreens Frisco TX   0.4%   1   GACC   4,000,000   3,979,897   2,471,694   Retail   Single Tenant   4.5200%   0.0124%
Loan   47   Walgreens-Goodwill Missouri TX   0.4%   1   GACC   4,000,000   3,976,398   2,206,463   Retail   Single Tenant   4.5200%   0.0124%
Loan   48   Warsaw Village   0.4%   1   CCRE   3,600,000   3,600,000   3,448,131   Retail   Anchored   5.2480%   0.0324%
Loan   49   Walton Shoppes   0.4%   1   GACC   3,500,000   3,500,000   2,152,767   Retail   Unanchored   4.4100%   0.0124%
Loan   50   Ortega Village- Pads   0.4%   1   LCF   3,500,000   3,491,459   2,844,135   Mixed Use   Retail/Office   4.6470%   0.0124%
Loan   51   691 14th Street Retail   0.4%   1   JLC   3,500,000   3,487,946   2,864,638   Retail   Urban   4.8590%   0.0124%
Loan   52   Monte & Wishing Well   0.3%   2   LCF   3,325,000   3,319,359   2,436,428   Manufactured Housing Community   Manufactured Housing Community   4.4550%   0.0124%
Property   52.01   Monte Carlo MHC   0.2%   1   LCF   1,914,613   1,911,365       Manufactured Housing Community   Manufactured Housing Community        
Property   52.02   Wishing Well MHP   0.1%   1   LCF   1,410,387   1,407,994       Manufactured Housing Community   Manufactured Housing Community        
Loan   53   Ferndale Avenue Shoppes   0.3%   1   GACC   3,040,000   3,032,410   1,866,107   Retail   Unanchored   4.3600%   0.0124%
Loan   54   Courtyard Self Storage   0.3%   1   CCRE   3,000,000   3,000,000   2,601,015   Self-Storage   Self-Storage   5.0800%   0.0324%
Loan   55   Bayonne MHP   0.3%   1   LCF   3,000,000   2,996,441   2,427,504   Manufactured Housing Community   Manufactured Housing Community   4.5210%   0.0124%
Loan   56   Best Western Cleveland Airport   0.3%   1   LCF   3,000,000   2,993,359   1,911,074   Hospitality   Limited Service   5.2625%   0.0124%
Loan   57   Eureka Crossings   0.2%   1   GACC   2,350,000   2,344,247   1,451,640   Retail   Unanchored   4.5100%   0.0124%
Loan   58   Family Dollar - Rose Hill (36)   0.1%   1   LCF   997,500   997,500   997,500   Retail   Single Tenant   4.9400%   0.0124%
Loan   59   Family Dollar - Moultrie (36)   0.1%   1   LCF   927,500   927,500   927,500   Retail   Single Tenant   4.9400%   0.0124%
Loan   60   Family Dollar - Biscoe (36)   0.1%   1   LCF   857,500   857,500   857,500   Retail   Single Tenant   4.9400%   0.0124%
Loan   61   Family Dollar - Rockingham (36)   0.1%   1   LCF   819,000   819,000   819,000   Retail   Single Tenant   4.9400%   0.0124%
Loan   62   Dollar General - De Soto (36)   0.1%   1   LCF   702,000   702,000   702,000   Retail   Single Tenant   5.2100%   0.0124%

 

A-1-2
 

 

COMM 2015-LC23                                          
                                                         
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                                
                                                         
            % of   Interest   Original   Remaining   Original   Remaining       First               Monthly
Property           Initial Pool   Accrual   Term to   Term to   Amortization   Amortization   Origination   Payment   Maturity   ARD Loan   Final   Debt
Flag   ID   Property Name   Balance   Basis   Maturity or ARD   Maturity or ARD   Term   Term   Date   Date   or ARD Date   (Yes/No)   Maturity Date   Service($)(8)
Loan   1   Equity Inns Portfolio (33)   8.3%   Actual/360   60   59   0   0   10/06/2015   11/06/2015   10/06/2020   No   10/06/2020   335,259
Property   1.01   Homewood Suites Seattle   1.5%                                            
Property   1.02   Homewood Suites Orlando   0.7%                                            
Property   1.03   Courtyard Carlsbad   0.5%                                            
Property   1.04   Courtyard Houston   0.5%                                            
Property   1.05   Homewood Suites Stratford   0.4%                                            
Property   1.06   Hampton Inn Urbana   0.4%                                            
Property   1.07   Springhill Suites Asheville   0.4%                                            
Property   1.08   Hilton Garden Inn Louisville   0.4%                                            
Property   1.09   Hampton Inn Orlando   0.4%                                            
Property   1.10   Hampton Inn Austin   0.4%                                            
Property   1.11   Hampton Inn College Station   0.4%                                            
Property   1.12   Hampton Inn Indianapolis   0.3%                                            
Property   1.13   TownePlace Suites Savannah   0.3%                                            
Property   1.14   Hampton Inn East Lansing   0.3%                                            
Property   1.15   Hampton Inn Naperville   0.3%                                            
Property   1.16   Hilton Garden Inn Rio Rancho   0.3%                                            
Property   1.17   Courtyard Dalton   0.2%                                            
Property   1.18   Hampton Inn Alcoa   0.2%                                            
Property   1.19   Homewood Suites Augusta   0.2%                                            
Property   1.20   Residence Inn Jacksonville   0.2%                                            
Property   1.21   Hampton Inn Milford   0.1%                                            
Loan   2   32 Avenue of the Americas (33)(36)   7.3%   Actual/360   120   120   0   0   10/05/2015   12/01/2015   11/01/2025   No   11/01/2025   285,781
Loan   3   11 Madison Avenue (33)(34)(35)   7.2%   Actual/360   120   118   0   0   08/18/2015   10/06/2015   09/06/2025   No   09/06/2025   209,360
Loan   4   1209 DeKalb (35)(36)   4.8%   Actual/360   60   59   0   0   10/01/2015   11/06/2015   10/06/2020   No   10/06/2020   183,641
Loan   5   Good Samaritan Medical Tower (36)   4.4%   Actual/360   120   118   0   0   09/01/2015   10/06/2015   09/06/2025   No   09/06/2025   163,792
Loan   6   Harvey Building Products Portfolio (33)   4.4%   Actual/360   60   59   360   359   10/01/2015   11/06/2015   10/06/2020   No   10/06/2020   221,631
Property   6.01   Londonderry Manufacturing   0.8%                                            
Property   6.02   Waltham Corporate   0.4%                                            
Property   6.03   Dartmouth Manufacturing   0.4%                                            
Property   6.04   Nashua   0.2%                                            
Property   6.05   West Bridgewater   0.2%                                            
Property   6.06   Woburn   0.2%                                            
Property   6.07   Manchester, NH   0.2%                                            
Property   6.08   New London   0.1%                                            
Property   6.09   East Haven   0.1%                                            
Property   6.10   Salem   0.1%                                            
Property   6.11   Bethlehem   0.1%                                            
Property   6.12   Lincoln   0.1%                                            
Property   6.13   Berlin   0.1%                                            
Property   6.14   Woburn CPD   0.1%                                            
Property   6.15   Norwalk   0.1%                                            
Property   6.16   Dartmouth   0.1%                                            
Property   6.17   Braintree   0.1%                                            
Property   6.18   Manchester, CT   0.1%                                            
Property   6.19   Portland   0.1%                                            
Property   6.20   Norwalk   0.1%                                            
Property   6.21   Warwick   0.1%                                            
Property   6.22   Fitchburg   0.1%                                            
Property   6.23   Auburn   0.1%                                            
Property   6.24   Portsmouth   0.1%                                            
Property   6.25   Southampton   0.0%                                            
Property   6.26   Hyannis   0.0%                                            
Property   6.27   Wilkes-Barre   0.0%                                            
Property   6.28   Berlin CPD   0.0%                                            
Property   6.29   Springfield   0.0%                                            
Property   6.30   White River Junction   0.0%                                            
Loan   7   Beach House Hilton Head (36)   4.2%   Actual/360   120   119   360   360   09/10/2015   11/06/2015   10/06/2025   No   10/06/2025   212,291
Loan   8   Whitehall Hotel   3.7%   Actual/360   120   119   300   299   10/06/2015   11/06/2015   10/06/2025   No   10/06/2025   210,243
Loan   9   611 Cowper   3.4%   Actual/360   120   118   360   358   08/28/2015   10/06/2015   09/06/2025   No   09/06/2025   164,278
Loan   10   Springfield Mall (33)   3.4%   Actual/360   120   119   360   359   09/23/2015   11/06/2015   10/06/2025   No   10/06/2025   163,680
Loan   11   Laguna Niguel Town Center   2.8%   Actual/360   120   118   360   358   09/02/2015   10/06/2015   09/06/2025   No   09/06/2025   134,539
Loan   12   Hacienda Gardens   2.5%   Actual/360   120   120   0   0   10/09/2015   12/06/2015   11/06/2025   No   11/06/2025   91,057
Loan   13   Washington Plaza   2.4%   Actual/360   120   119   360   359   10/02/2015   11/06/2015   10/06/2025   No   10/06/2025   117,978
Loan   14   Carrollwood Station   2.2%   Actual/360   60   58   0   0   09/03/2015   10/06/2015   09/06/2020   No   09/06/2020   96,967
Loan   15   Murrieta Spectrum   2.1%   Actual/360   60   59   360   360   10/02/2015   11/06/2015   10/06/2020   No   10/06/2020   109,957
Loan   16   Westin Lake Mary   2.1%   Actual/360   120   118   360   360   09/02/2015   10/06/2015   09/06/2025   No   09/06/2025   109,082

 

A-1-3
 

 

                                                         
COMM 2015-LC23                                          
                                                         
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                                
                                                         
            % of   Interest   Original   Remaining   Original   Remaining       First               Monthly
Property           Initial Pool   Accrual   Term to   Term to   Amortization   Amortization   Origination   Payment   Maturity   ARD Loan   Final   Debt
Flag   ID   Property Name   Balance   Basis   Maturity or ARD   Maturity or ARD   Term   Term   Date   Date   or ARD Date   (Yes/No)   Maturity Date   Service($)(8)
Loan   17   Lake Creek Festival   2.1%   Actual/360   120   119   360   360   09/11/2015   11/06/2015   10/06/2025   No   10/06/2025   99,602
Loan   18   Wedgewood Building   2.0%   Actual/360   120   119   360   359   09/25/2015   11/06/2015   10/06/2025   No   10/06/2025   99,308
Loan   19   Kenhorst Plaza   1.9%   Actual/360   120   119   360   360   09/11/2015   11/06/2015   10/06/2025   No   10/06/2025   99,360
Loan   20   Addison Town Center   1.7%   Actual/360   120   119   360   359   09/14/2015   11/06/2015   10/06/2025   No   10/06/2025   84,866
Loan   21   A&H Olympic   1.5%   Actual/360   120   117   360   360   07/31/2015   09/06/2015   08/06/2025   No   08/06/2025   69,109
Loan   22   Brentwood Retail Center (35)   1.4%   Actual/360   120   119   420   419   10/02/2015   11/06/2015   10/06/2025   No   10/06/2025   68,971
Loan   23   A&H Maple Avenue   1.4%   Actual/360   120   118   360   360   08/07/2015   10/06/2015   09/06/2025   No   09/06/2025   62,139
Loan   24   BJs Montgomeryville   1.2%   Actual/360   120   119   360   359   09/08/2015   11/01/2015   10/01/2025   No   10/01/2025   62,598
Loan   25   Colerain Center   1.2%   Actual/360   120   119   360   360   09/22/2015   11/06/2015   10/06/2025   No   10/06/2025   60,926
Loan   26   Whitewater Place   1.2%   Actual/360   120   119   360   359   09/30/2015   11/06/2015   10/06/2025   No   10/06/2025   59,298
Loan   27   Brown Street Centre   1.2%   Actual/360   120   119   360   360   09/15/2015   11/06/2015   10/06/2025   No   10/06/2025   58,335
Loan   28   Biltmore Parks Apartments   1.1%   Actual/360   120   119   360   360   09/23/2015   11/06/2015   10/06/2025   No   10/06/2025   58,313
Loan   29   Ortega Village - Retail   1.1%   Actual/360   120   118   360   358   09/02/2015   10/06/2015   09/06/2025   No   09/06/2025   54,638
Loan   30   Landings Shops and Offices   0.9%   Actual/360   120   119   360   359   09/29/2015   11/06/2015   10/06/2025   No   10/06/2025   47,849
Property   30.01   Landings Shops and Offices   0.5%                                            
Property   30.02   Progressive Properties   0.3%                                            
Property   30.03   Kopf Offices   0.2%                                            
Loan   31   Terraces on Second   0.9%   Actual/360   120   118   360   360   09/03/2015   10/06/2015   09/06/2025   No   09/06/2025   44,572
Loan   32   75 Executive Drive (36)   0.9%   Actual/360   120   117   360   357   08/05/2015   09/06/2015   08/06/2025   No   08/06/2025   41,543
Loan   33   Best Buy Boca Raton   0.8%   Actual/360   120   120   0   0   10/08/2015   12/06/2015   11/06/2025   No   11/06/2025   29,599
Loan   34   Somerset Apartments   0.8%   Actual/360   120   119   360   360   10/01/2015   11/06/2015   10/06/2025   No   10/06/2025   38,763
Loan   35   Walgreens VA Beach   0.8%   Actual/360   120   119   360   360   09/08/2015   11/06/2015   10/06/2025   No   10/06/2025   38,109
Loan   36   Holiday Inn Express & Suites Rockport   0.8%   Actual/360   120   119   300   299   10/06/2015   11/06/2015   10/06/2025   No   10/06/2025   43,338
Loan   37   Commons at Pembroke   0.7%   Actual/360   120   119   360   359   09/17/2015   11/06/2015   10/06/2025   No   10/06/2025   38,037
Loan   38   Monument Creek (36)   0.7%   Actual/360   120   119   0   0   09/29/2015   11/06/2015   10/06/2025   No   10/06/2025   25,134
Loan   39   High Country Plaza   0.7%   Actual/360   120   118   360   358   09/01/2015   10/06/2015   09/06/2025   No   09/06/2025   33,295
Loan   40   Williamsburg Center   0.7%   Actual/360   120   119   300   299   10/01/2015   11/06/2015   10/06/2025   No   10/06/2025   36,426
Property   40.01   1734 Corporate Crossing   0.2%                                            
Property   40.02   1728 Corporate Crossing   0.2%                                            
Property   40.03   1722 Corporate Crossing   0.1%                                            
Property   40.04   1035 East Gate Drive   0.1%                                            
Property   40.05   735 Seibert Road   0.1%                                            
Property   40.06   703 Seibert Road   0.0%                                            
Property   40.07   723 Seibert Road   0.0%                                            
Loan   41   Shops at Cardiff Ranch   0.7%   Actual/360   120   118   360   358   08/31/2015   10/06/2015   09/06/2025   No   09/06/2025   32,553
Loan   42   Cobblestone Court II   0.5%   Actual/360   120   119   360   359   09/10/2015   11/06/2015   10/06/2025   No   10/06/2025   27,915
Loan   43   Hampton Inn & Suites – Portland   0.5%   Actual/360   120   119   240   239   09/30/2015   11/06/2015   10/06/2025   No   10/06/2025   32,750
Loan   44   40 Wall Street (33)   0.5%   Actual/360   120   116   300   296   07/02/2015   08/06/2015   07/06/2025   No   07/06/2025   25,476
Loan   45   Palisades of Bridgeport   0.5%   Actual/360   120   119   360   359   09/24/2015   11/06/2015   10/06/2025   No   10/06/2025   25,241
Loan   46   Walgreens Frisco TX   0.4%   Actual/360   120   118   240   238   09/01/2015   10/06/2015   09/06/2025   No   09/06/2025   25,349
Loan   47   Walgreens-Goodwill Missouri TX   0.4%   Actual/360   120   118   216   214   09/01/2015   10/06/2015   09/06/2025   No   09/06/2025   27,095
Loan   48   Warsaw Village   0.4%   Actual/360   60   58   360   360   09/03/2015   10/06/2015   09/06/2020   No   09/06/2020   19,875
Loan   49   Walton Shoppes   0.4%   Actual/360   120   120   240   240   10/07/2015   12/06/2015   11/06/2025   No   11/06/2025   21,973
Loan   50   Ortega Village- Pads   0.4%   Actual/360   120   118   360   358   09/02/2015   10/06/2015   09/06/2025   No   09/06/2025   18,041
Loan   51   691 14th Street Retail   0.4%   Actual/360   120   117   360   357   07/10/2015   09/06/2015   08/06/2025   No   08/06/2025   18,488
Loan   52   Monte & Wishing Well   0.3%   Actual/360   120   119   300   299   10/01/2015   11/06/2015   10/06/2025   No   10/06/2025   18,397
Property   52.01   Monte Carlo MHC   0.2%                                            
Property   52.02   Wishing Well MHP   0.1%                                            
Loan   53   Ferndale Avenue Shoppes   0.3%   Actual/360   120   119   240   239   09/30/2015   11/06/2015   10/06/2025   No   10/06/2025   19,004
Loan   54   Courtyard Self Storage   0.3%   Actual/360   120   119   360   360   09/23/2015   11/06/2015   10/06/2025   No   10/06/2025   16,252
Loan   55   Bayonne MHP   0.3%   Actual/360   120   119   360   359   10/06/2015   11/06/2015   10/06/2025   No   10/06/2025   15,238
Loan   56   Best Western Cleveland Airport   0.3%   Actual/360   120   119   240   239   09/16/2015   11/06/2015   10/06/2025   No   10/06/2025   20,236
Loan   57   Eureka Crossings   0.2%   Actual/360   120   119   240   239   09/23/2015   11/06/2015   10/06/2025   No   10/06/2025   14,880
Loan   58   Family Dollar - Rose Hill (36)   0.1%   Actual/360   120   119   0   0   09/28/2015   11/06/2015   10/06/2025   Yes   10/06/2030   4,163
Loan   59   Family Dollar - Moultrie (36)   0.1%   Actual/360   120   119   0   0   09/28/2015   11/06/2015   10/06/2025   Yes   10/06/2030   3,871
Loan   60   Family Dollar - Biscoe (36)   0.1%   Actual/360   120   119   0   0   09/28/2015   11/06/2015   10/06/2025   Yes   10/06/2030   3,579
Loan   61   Family Dollar - Rockingham (36)   0.1%   Actual/360   120   119   0   0   09/28/2015   11/06/2015   10/06/2025   Yes   10/06/2030   3,418
Loan   62   Dollar General - De Soto (36)   0.1%   Actual/360   120   119   0   0   09/28/2015   11/06/2015   10/06/2025   Yes   10/06/2030   3,090

 

A-1-4
 

 

COMM 2015-LC23                                  
                                                 
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                        
                         
                    Pari Passu   Pari Passu                        
            % of   Annual   Companion Loan   Companion Loan   Remaining           Crossed        
Property           Initial Pool   Debt   Monthly Debt   Annual Debt   Interest Only       Cash   With   Related   Underwritten
Flag   ID   Property Name   Balance   Service($)(8)   Service($)   Service($)   Period    Lockbox (9)    Management (10)   Other Loans   Borrower   NOI DSCR (8)(11)(12)
Loan   1   Equity Inns Portfolio (33)   8.3%   4,023,111   636,993   7,643,911   59   Hard   In-Place   No       2.65x
Property   1.01   Homewood Suites Seattle   1.5%                                    
Property   1.02   Homewood Suites Orlando   0.7%                                    
Property   1.03   Courtyard Carlsbad   0.5%                                    
Property   1.04   Courtyard Houston   0.5%                                    
Property   1.05   Homewood Suites Stratford   0.4%                                    
Property   1.06   Hampton Inn Urbana   0.4%                                    
Property   1.07   Springhill Suites Asheville   0.4%                                    
Property   1.08   Hilton Garden Inn Louisville   0.4%                                    
Property   1.09   Hampton Inn Orlando   0.4%                                    
Property   1.10   Hampton Inn Austin   0.4%                                    
Property   1.11   Hampton Inn College Station   0.4%                                    
Property   1.12   Hampton Inn Indianapolis   0.3%                                    
Property   1.13   TownePlace Suites Savannah   0.3%                                    
Property   1.14   Hampton Inn East Lansing   0.3%                                    
Property   1.15   Hampton Inn Naperville   0.3%                                    
Property   1.16   Hilton Garden Inn Rio Rancho   0.3%                                    
Property   1.17   Courtyard Dalton   0.2%                                    
Property   1.18   Hampton Inn Alcoa   0.2%                                    
Property   1.19   Homewood Suites Augusta   0.2%                                    
Property   1.20   Residence Inn Jacksonville   0.2%                                    
Property   1.21   Hampton Inn Milford   0.1%                                    
Loan   2   32 Avenue of the Americas (33)(36)   7.3%   3,429,378   1,449,320   17,391,844   120   Hard   Springing   No       2.00x
Loan   3   11 Madison Avenue (33)(34)(35)   7.2%   2,512,314   2,089,775   25,077,302   118   Hard   Springing   No       3.97x
Loan   4   1209 DeKalb (35)(36)   4.8%   2,203,688           59   Soft   In-Place   No       1.49x
Loan   5   Good Samaritan Medical Tower (36)   4.4%   1,965,505           118   Springing Soft   Springing   No       2.11x
Loan   6   Harvey Building Products Portfolio (33)   4.4%   2,659,567   358,830   4,305,965       Hard   In-Place   No       2.02x
Property   6.01   Londonderry Manufacturing   0.8%                                    
Property   6.02   Waltham Corporate   0.4%                                    
Property   6.03   Dartmouth Manufacturing   0.4%                                    
Property   6.04   Nashua   0.2%                                    
Property   6.05   West Bridgewater   0.2%                                    
Property   6.06   Woburn   0.2%                                    
Property   6.07   Manchester, NH   0.2%                                    
Property   6.08   New London   0.1%                                    
Property   6.09   East Haven   0.1%                                    
Property   6.10   Salem   0.1%                                    
Property   6.11   Bethlehem   0.1%                                    
Property   6.12   Lincoln   0.1%                                    
Property   6.13   Berlin   0.1%                                    
Property   6.14   Woburn CPD   0.1%                                    
Property   6.15   Norwalk   0.1%                                    
Property   6.16   Dartmouth   0.1%                                    
Property   6.17   Braintree   0.1%                                    
Property   6.18   Manchester, CT   0.1%                                    
Property   6.19   Portland   0.1%                                    
Property   6.20   Norwalk   0.1%                                    
Property   6.21   Warwick   0.1%                                    
Property   6.22   Fitchburg   0.1%                                    
Property   6.23   Auburn   0.1%                                    
Property   6.24   Portsmouth   0.1%                                    
Property   6.25   Southampton   0.0%                                    
Property   6.26   Hyannis   0.0%                                    
Property   6.27   Wilkes-Barre   0.0%                                    
Property   6.28   Berlin CPD   0.0%                                    
Property   6.29   Springfield   0.0%                                    
Property   6.30   White River Junction   0.0%                                    
Loan   7   Beach House Hilton Head (36)   4.2%   2,547,488           23   Hard   Springing   No       1.78x
Loan   8   Whitehall Hotel   3.7%   2,522,913               Hard   Springing   No       1.67x
Loan   9   611 Cowper   3.4%   1,971,335               Hard   Springing   No       1.68x
Loan   10   Springfield Mall (33)   3.4%   1,964,157   163,680   1,964,157       Hard   Springing   No       1.83x
Loan   11   Laguna Niguel Town Center   2.8%   1,614,473               None   None   No   Yes - A   1.43x
Loan   12   Hacienda Gardens   2.5%   1,092,688           120   Springing Hard   Springing   No       1.89x
Loan   13   Washington Plaza   2.4%   1,415,735               Springing Hard   Springing   No       1.29x
Loan   14   Carrollwood Station   2.2%   1,163,610           58   Soft   Springing   No       1.60x
Loan   15   Murrieta Spectrum   2.1%   1,319,479           23   Hard   Springing   No       1.40x
Loan   16   Westin Lake Mary   2.1%   1,308,985           34   Hard   Springing   No       1.82x

 

A-1-5
 

 

                                                 
COMM 2015-LC23                                  
                                                 
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                        
                         
                    Pari Passu   Pari Passu                        
            % of   Annual   Companion Loan   Companion Loan   Remaining           Crossed        
Property           Initial Pool   Debt   Monthly Debt   Annual Debt   Interest Only       Cash   With   Related   Underwritten
Flag   ID   Property Name   Balance   Service($)(8)   Service($)   Service($)   Period    Lockbox (9)    Management (10)   Other Loans   Borrower   NOI DSCR (8)(11)(12)
Loan   17   Lake Creek Festival   2.1%   1,195,218           23   Hard   Springing   No       1.85x
Loan   18   Wedgewood Building   2.0%   1,191,693               Springing Hard   Springing   No       1.35x
Loan   19   Kenhorst Plaza   1.9%   1,192,318           59   Hard   In-Place   No       1.33x
Loan   20   Addison Town Center   1.7%   1,018,388               Hard   Springing   No       1.56x
Loan   21   A&H Olympic   1.5%   829,312           57   Springing Hard   Springing   No   Yes - B   1.78x
Loan   22   Brentwood Retail Center (35)   1.4%   827,652               Hard   In-Place   No       1.31x
Loan   23   A&H Maple Avenue   1.4%   745,668           58   Springing Hard   Springing   No   Yes - B   2.35x
Loan   24   BJs Montgomeryville   1.2%   751,172               Hard   Springing   No       1.32x
Loan   25   Colerain Center   1.2%   731,107           35   Springing Hard   Springing   No       1.46x
Loan   26   Whitewater Place   1.2%   711,579               Springing Soft   Springing   No       1.54x
Loan   27   Brown Street Centre   1.2%   700,016           35   Springing Hard   Springing   No       1.79x
Loan   28   Biltmore Parks Apartments   1.1%   699,757           59   Springing Soft   Springing   No       1.53x
Loan   29   Ortega Village - Retail   1.1%   655,661               None   None   No   Yes - A   1.33x
Loan   30   Landings Shops and Offices   0.9%   574,183               Soft   Springing   No       1.46x
Property   30.01   Landings Shops and Offices   0.5%                                    
Property   30.02   Progressive Properties   0.3%                                    
Property   30.03   Kopf Offices   0.2%                                    
Loan   31   Terraces on Second   0.9%   534,862           58   Springing Soft   Springing   No       1.28x
Loan   32   75 Executive Drive (36)   0.9%   498,520               Springing Hard   Springing   No       1.60x
Loan   33   Best Buy Boca Raton   0.8%   355,186           120   Hard   In-Place   No       1.87x
Loan   34   Somerset Apartments   0.8%   465,153           35   Springing Soft   Springing   No       1.44x
Loan   35   Walgreens VA Beach   0.8%   457,310           59   Springing Hard   Springing   No       1.37x
Loan   36   Holiday Inn Express & Suites Rockport   0.8%   520,052               Springing Hard   Springing   No       1.94x
Loan   37   Commons at Pembroke   0.7%   456,450               Soft   Springing   No       1.46x
Loan   38   Monument Creek (36)   0.7%   301,604           119   Springing Soft   Springing   No       1.84x
Loan   39   High Country Plaza   0.7%   399,536               None   None   No   Yes - A   1.37x
Loan   40   Williamsburg Center   0.7%   437,108               Soft   Springing   No       1.92x
Property   40.01   1734 Corporate Crossing   0.2%                                    
Property   40.02   1728 Corporate Crossing   0.2%                                    
Property   40.03   1722 Corporate Crossing   0.1%                                    
Property   40.04   1035 East Gate Drive   0.1%                                    
Property   40.05   735 Seibert Road   0.1%                                    
Property   40.06   703 Seibert Road   0.0%                                    
Property   40.07   723 Seibert Road   0.0%                                    
Loan   41   Shops at Cardiff Ranch   0.7%   390,635               Springing Hard   Springing   No       1.67x
Loan   42   Cobblestone Court II   0.5%   334,977               Springing Soft   Springing   No       1.37x
Loan   43   Hampton Inn & Suites – Portland   0.5%   392,996               Springing Hard   Springing   No       2.34x
Loan   44   40 Wall Street (33)   0.5%   305,710   789,750   9,477,003       Hard   In-Place   No       2.31x
Loan   45   Palisades of Bridgeport   0.5%   302,888               Soft   In-Place   No       1.45x
Loan   46   Walgreens Frisco TX   0.4%   304,190               Springing Hard   Springing   No   Yes - C   1.20x
Loan   47   Walgreens-Goodwill Missouri TX   0.4%   325,143               Springing Hard   Springing   No   Yes - C   1.13x
Loan   48   Warsaw Village   0.4%   238,498           22   Springing Hard   Springing   No       1.50x
Loan   49   Walton Shoppes   0.4%   263,677               Springing Hard   Springing   No   Yes - D   1.41x
Loan   50   Ortega Village- Pads   0.4%   216,492               None   None   No   Yes - A   1.34x
Loan   51   691 14th Street Retail   0.4%   221,860               Springing Hard   Springing   No       1.57x
Loan   52   Monte & Wishing Well   0.3%   220,759               Springing Soft   Springing   No       1.63x
Property   52.01   Monte Carlo MHC   0.2%                                    
Property   52.02   Wishing Well MHP   0.1%                                    
Loan   53   Ferndale Avenue Shoppes   0.3%   228,043               Springing Hard   Springing   No   Yes - D   1.51x
Loan   54   Courtyard Self Storage   0.3%   195,020           23   Soft   Springing   No       1.60x
Loan   55   Bayonne MHP   0.3%   182,856               Springing Soft   Springing   No       1.75x
Loan   56   Best Western Cleveland Airport   0.3%   242,835               Springing Hard   Springing   No       1.74x
Loan   57   Eureka Crossings   0.2%   178,559               Springing Hard   Springing   No   Yes - D   1.62x
Loan   58   Family Dollar - Rose Hill (36)   0.1%   49,961           119   Hard   In-Place   No   Yes - E   1.74x
Loan   59   Family Dollar - Moultrie (36)   0.1%   46,455           119   Hard   In-Place   No   Yes - E   1.71x
Loan   60   Family Dollar - Biscoe (36)   0.1%   42,949           119   Hard   In-Place   No   Yes - E   1.74x
Loan   61   Family Dollar - Rockingham (36)   0.1%   41,021           119   Hard   In-Place   No   Yes - E   1.73x
Loan   62   Dollar General - De Soto (36)   0.1%   37,082           119   Hard   In-Place   No   Yes - E   1.91x

 

A-1-6
 

 

COMM 2015-LC23                              
                                             
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                    
                                             
            % of                       FIRREA   Cut-Off    
Property           Initial Pool   Underwritten   Grace   Payment   Appraised   Appraisal   Compliant   Date LTV   LTV Ratio at
Flag   ID   Property Name   Balance   NCF DSCR (8)(11)(12)   Period (13)   Date   Value ($)(14)   As-of Date   (Yes/No)   Ratio (11)(12)(14)   Maturity or ARD (11)(12)(14)
Loan   1   Equity Inns Portfolio (33)   8.3%   2.35x   0   6   360,000,000   Various   Yes   64.4%   64.4%
Property   1.01   Homewood Suites Seattle   1.5%               56,700,000   08/18/2015   Yes        
Property   1.02   Homewood Suites Orlando   0.7%               26,100,000   08/13/2015   Yes        
Property   1.03   Courtyard Carlsbad   0.5%               21,800,000   08/18/2015   Yes        
Property   1.04   Courtyard Houston   0.5%               18,200,000   08/17/2015   Yes        
Property   1.05   Homewood Suites Stratford   0.4%               18,600,000   08/18/2015   Yes        
Property   1.06   Hampton Inn Urbana   0.4%               16,800,000   08/14/2015   Yes        
Property   1.07   Springhill Suites Asheville   0.4%               16,400,000   08/20/2015   Yes        
Property   1.08   Hilton Garden Inn Louisville   0.4%               15,100,000   08/18/2015   Yes        
Property   1.09   Hampton Inn Orlando   0.4%               14,800,000   08/13/2015   Yes        
Property   1.10   Hampton Inn Austin   0.4%               14,600,000   08/17/2015   Yes        
Property   1.11   Hampton Inn College Station   0.4%               14,100,000   08/14/2015   Yes        
Property   1.12   Hampton Inn Indianapolis   0.3%               12,200,000   08/17/2015   Yes        
Property   1.13   TownePlace Suites Savannah   0.3%               12,100,000   08/19/2015   Yes        
Property   1.14   Hampton Inn East Lansing   0.3%               10,800,000   08/17/2015   Yes        
Property   1.15   Hampton Inn Naperville   0.3%               9,800,000   08/19/2015   Yes        
Property   1.16   Hilton Garden Inn Rio Rancho   0.3%               9,600,000   08/10/2015   Yes        
Property   1.17   Courtyard Dalton   0.2%               8,800,000   08/18/2015   Yes        
Property   1.18   Hampton Inn Alcoa   0.2%               8,000,000   08/17/2015   Yes        
Property   1.19   Homewood Suites Augusta   0.2%               6,500,000   08/17/2015   Yes        
Property   1.20   Residence Inn Jacksonville   0.2%               6,200,000   08/19/2015   Yes        
Property   1.21   Hampton Inn Milford   0.1%               5,200,000   08/17/2015   Yes        
Loan   2   32 Avenue of the Americas (33)(36)   7.3%   1.88x   0   1   770,000,000   08/04/2015   Yes   55.2%   55.2%
Loan   3   11 Madison Avenue (33)(34)(35)   7.2%   3.89x   0   6   2,350,000,000   07/01/2015   Yes   32.5%   32.5%
Loan   4   1209 DeKalb (35)(36)   4.8%   1.48x   0   6   63,600,000   08/10/2015   Yes   72.3%   72.3%
Loan   5   Good Samaritan Medical Tower (36)   4.4%   1.96x   0   6   68,000,000   07/23/2015   Yes   62.8%   62.8%
Loan   6   Harvey Building Products Portfolio (33)   4.4%   1.96x   0   6   205,460,000   Various   Yes   53.5%   49.3%
Property   6.01   Londonderry Manufacturing   0.8%               40,000,000   09/09/2015   Yes        
Property   6.02   Waltham Corporate   0.4%               23,900,000   09/10/2015   Yes        
Property   6.03   Dartmouth Manufacturing   0.4%               17,800,000   09/01/2015   Yes        
Property   6.04   Nashua   0.2%               9,500,000   09/09/2015   Yes        
Property   6.05   West Bridgewater   0.2%               7,900,000   09/10/2015   Yes        
Property   6.06   Woburn   0.2%               7,400,000   09/10/2015   Yes        
Property   6.07   Manchester, NH   0.2%               7,200,000   09/09/2015   Yes        
Property   6.08   New London   0.1%               6,620,000   10/01/2015   Yes        
Property   6.09   East Haven   0.1%               6,300,000   10/01/2015   Yes        
Property   6.10   Salem   0.1%               5,500,000   09/09/2015   Yes        
Property   6.11   Bethlehem   0.1%               5,500,000   10/01/2015   Yes        
Property   6.12   Lincoln   0.1%               5,900,000   09/01/2015   Yes        
Property   6.13   Berlin   0.1%               5,390,000   10/01/2015   Yes        
Property   6.14   Woburn CPD   0.1%               6,400,000   09/10/2015   Yes        
Property   6.15   Norwalk   0.1%               5,310,000   10/01/2015   Yes        
Property   6.16   Dartmouth   0.1%               4,900,000   09/01/2015   Yes        
Property   6.17   Braintree   0.1%               3,700,000   09/10/2015   Yes        
Property   6.18   Manchester, CT   0.1%               3,920,000   10/01/2015   Yes        
Property   6.19   Portland   0.1%               3,900,000   09/09/2015   Yes        
Property   6.20   Norwalk   0.1%               4,260,000   10/01/2015   Yes        
Property   6.21   Warwick   0.1%               3,500,000   09/01/2015   Yes        
Property   6.22   Fitchburg   0.1%               3,000,000   09/09/2015   Yes        
Property   6.23   Auburn   0.1%               2,900,000   09/10/2015   Yes        
Property   6.24   Portsmouth   0.1%               2,800,000   09/09/2015   Yes        
Property   6.25   Southampton   0.0%               2,350,000   10/01/2015   Yes        
Property   6.26   Hyannis   0.0%               2,200,000   09/10/2015   Yes        
Property   6.27   Wilkes-Barre   0.0%               1,900,000   10/01/2015   Yes        
Property   6.28   Berlin CPD   0.0%               1,910,000   10/01/2015   Yes        
Property   6.29   Springfield   0.0%               2,100,000   09/08/2015   Yes        
Property   6.30   White River Junction   0.0%               1,500,000   09/09/2015   Yes        
Loan   7   Beach House Hilton Head (36)   4.2%   1.58x   0   6   55,000,000   08/01/2015   Yes   72.7%   62.8%
Loan   8   Whitehall Hotel   3.7%   1.51x   0   6   67,000,000   09/01/2015   Yes   53.6%   40.2%
Loan   9   611 Cowper   3.4%   1.60x   0   6   59,000,000   11/01/2015   Yes   55.8%   45.0%
Loan   10   Springfield Mall (33)   3.4%   1.76x   0   6   112,000,000   08/15/2015   Yes   58.0%   46.8%
Loan   11   Laguna Niguel Town Center   2.8%   1.38x   0   6   43,000,000   06/03/2015   Yes   61.5%   49.9%
Loan   12   Hacienda Gardens   2.5%   1.82x   0   6   38,400,000   07/17/2015   Yes   62.5%   62.5%
Loan   13   Washington Plaza   2.4%   1.24x   0   6   33,000,000   07/27/2015   Yes   69.3%   56.4%
Loan   14   Carrollwood Station   2.2%   1.53x   0   6   34,600,000   08/12/2015   Yes   62.1%   62.1%
Loan   15   Murrieta Spectrum   2.1%   1.30x   0   6   29,300,000   08/13/2015   Yes   70.3%   67.2%
Loan   16   Westin Lake Mary   2.1%   1.57x   0   6   29,500,000   06/01/2015   Yes   67.8%   60.2%

 

A-1-7
 

 

                                             
COMM 2015-LC23                              
                                             
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                    
                                             
            % of                       FIRREA   Cut-Off    
Property           Initial Pool   Underwritten   Grace   Payment   Appraised   Appraisal   Compliant   Date LTV   LTV Ratio at
Flag   ID   Property Name   Balance   NCF DSCR (8)(11)(12)   Period (13)   Date   Value ($)(14)   As-of Date   (Yes/No)   Ratio (11)(12)(14)   Maturity or ARD (11)(12)(14)
Loan   17   Lake Creek Festival   2.1%   1.66x   0   6   28,200,000   07/01/2015   Yes   70.0%   59.8%
Loan   18   Wedgewood Building   2.0%   1.27x   0   6   28,200,000   08/17/2015   Yes   67.3%   55.0%
Loan   19   Kenhorst Plaza   1.9%   1.25x   0   6   25,000,000   07/21/2015   Yes   73.2%   67.6%
Loan   20   Addison Town Center   1.7%   1.43x   0   6   22,460,000   07/13/2015   Yes   72.3%   59.0%
Loan   21   A&H Olympic   1.5%   1.67x   0   6   25,000,000   04/15/2015   Yes   56.8%   51.7%
Loan   22   Brentwood Retail Center (35)   1.4%   1.29x   0   6   20,000,000   07/21/2015   Yes   66.5%   58.4%
Loan   23   A&H Maple Avenue   1.4%   2.31x   0   6   28,500,000   04/15/2015   Yes   45.6%   41.4%
Loan   24   BJs Montgomeryville   1.2%   1.32x   5   1   17,600,000   07/08/2015   Yes   68.1%   55.6%
Loan   25   Colerain Center   1.2%   1.36x   0   6   15,500,000   06/04/2015   Yes   75.0%   66.1%
Loan   26   Whitewater Place   1.2%   1.51x   0   6   16,980,000   09/03/2015   Yes   67.6%   55.0%
Loan   27   Brown Street Centre   1.2%   1.60x   0   6   17,500,000   04/20/2015   Yes   64.6%   56.7%
Loan   28   Biltmore Parks Apartments   1.1%   1.41x   0   6   18,400,000   08/27/2015   Yes   59.8%   55.0%
Loan   29   Ortega Village - Retail   1.1%   1.31x   0   6   14,500,000   06/03/2015   Yes   72.9%   59.4%
Loan   30   Landings Shops and Offices   0.9%   1.31x   0   6   11,900,000   05/18/2015   Yes   74.9%   61.6%
Property   30.01   Landings Shops and Offices   0.5%               5,950,000   05/18/2015   Yes        
Property   30.02   Progressive Properties   0.3%               3,550,000   05/18/2015   Yes        
Property   30.03   Kopf Offices   0.2%               2,400,000   05/18/2015   Yes        
Loan   31   Terraces on Second   0.9%   1.26x   0   6   11,500,000   08/11/2015   Yes   74.8%   68.6%
Loan   32   75 Executive Drive (36)   0.9%   1.45x   0   6   11,200,000   07/02/2015   Yes   72.9%   59.2%
Loan   33   Best Buy Boca Raton   0.8%   1.81x   0   6   12,600,000   08/27/2015   Yes   59.9%   59.9%
Loan   34   Somerset Apartments   0.8%   1.33x   0   6   10,500,000   09/08/2015   Yes   71.4%   62.8%
Loan   35   Walgreens VA Beach   0.8%   1.36x   0   6   12,300,000   07/24/2015   Yes   59.9%   54.9%
Loan   36   Holiday Inn Express & Suites Rockport   0.8%   1.76x   0   6   11,100,000   07/29/2015   Yes   66.0%   49.6%
Loan   37   Commons at Pembroke   0.7%   1.34x   0   6   10,400,000   08/10/2015   Yes   69.2%   56.7%
Loan   38   Monument Creek (36)   0.7%   1.82x   0   6   10,140,000   08/04/2015   Yes   65.5%   65.5%
Loan   39   High Country Plaza   0.7%   1.29x   0   6   9,450,000   06/02/2015   Yes   68.6%   55.8%
Loan   40   Williamsburg Center   0.7%   1.72x   0   6   8,500,000   06/03/2015   Yes   74.9%   55.6%
Property   40.01   1734 Corporate Crossing   0.2%               1,300,000   06/03/2015   Yes        
Property   40.02   1728 Corporate Crossing   0.2%               1,250,000   06/03/2015   Yes        
Property   40.03   1722 Corporate Crossing   0.1%               1,200,000   06/03/2015   Yes        
Property   40.04   1035 East Gate Drive   0.1%               1,575,000   06/03/2015   Yes        
Property   40.05   735 Seibert Road   0.1%               1,175,000   06/03/2015   Yes        
Property   40.06   703 Seibert Road   0.0%               1,025,000   06/03/2015   Yes        
Property   40.07   723 Seibert Road   0.0%               975,000   06/03/2015   Yes        
Loan   41   Shops at Cardiff Ranch   0.7%   1.60x   0   6   9,400,000   08/10/2015   Yes   67.4%   54.8%
Loan   42   Cobblestone Court II   0.5%   1.31x   0   6   7,420,000   07/07/2015   Yes   70.0%   57.6%
Loan   43   Hampton Inn & Suites – Portland   0.5%   2.12x   0   6   8,900,000   06/22/2015   Yes   56.0%   35.3%
Loan   44   40 Wall Street (33)   0.5%   2.13x   0   6   540,000,000   06/01/2015   Yes   29.4%   21.1%
Loan   45   Palisades of Bridgeport   0.5%   1.34x   0   6   6,300,000   07/17/2015   Yes   72.9%   60.4%
Loan   46   Walgreens Frisco TX   0.4%   1.20x   0   6   6,585,000   07/14/2015   Yes   60.4%   37.5%
Loan   47   Walgreens-Goodwill Missouri TX   0.4%   1.13x   0   6   5,370,000   07/23/2015   Yes   74.0%   41.1%
Loan   48   Warsaw Village   0.4%   1.33x   0   6   4,900,000   08/07/2015   Yes   73.5%   70.4%
Loan   49   Walton Shoppes   0.4%   1.28x   0   6   5,350,000   07/17/2015   Yes   65.4%   40.2%
Loan   50   Ortega Village- Pads   0.4%   1.31x   0   6   5,900,000   06/03/2015   Yes   59.2%   48.2%
Loan   51   691 14th Street Retail   0.4%   1.51x   0   6   4,900,000   04/22/2015   Yes   71.2%   58.5%
Loan   52   Monte & Wishing Well   0.3%   1.61x   0   6   4,550,000   05/14/2015   Yes   73.0%   53.5%
Property   52.01   Monte Carlo MHC   0.2%               2,620,000   05/14/2015   Yes        
Property   52.02   Wishing Well MHP   0.1%               1,930,000   05/14/2015   Yes        
Loan   53   Ferndale Avenue Shoppes   0.3%   1.39x   0   6   4,600,000   07/17/2015   Yes   65.9%   40.6%
Loan   54   Courtyard Self Storage   0.3%   1.57x   0   6   4,100,000   08/15/2015   Yes   73.2%   63.4%
Loan   55   Bayonne MHP   0.3%   1.71x   0   6   5,700,000   05/27/2015   Yes   52.6%   42.6%
Loan   56   Best Western Cleveland Airport   0.3%   1.52x   0   6   4,500,000   08/17/2015   Yes   66.5%   42.5%
Loan   57   Eureka Crossings   0.2%   1.45x   0   6   3,650,000   07/17/2015   Yes   64.2%   39.8%
Loan   58   Family Dollar - Rose Hill (36)   0.1%   1.71x   0   6   1,425,000   05/06/2015   Yes   70.0%   70.0%
Loan   59   Family Dollar - Moultrie (36)   0.1%   1.68x   0   6   1,325,000   05/06/2015   Yes   70.0%   70.0%
Loan   60   Family Dollar - Biscoe (36)   0.1%   1.71x   0   6   1,225,000   05/06/2015   Yes   70.0%   70.0%
Loan   61   Family Dollar - Rockingham (36)   0.1%   1.70x   0   6   1,170,000   05/06/2015   Yes   70.0%   70.0%
Loan   62   Dollar General - De Soto (36)   0.1%   1.88x   0   6   1,080,000   08/06/2015   Yes   65.0%   65.0%

 

A-1-8
 

 

COMM 2015-LC23                                      
                                                     
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                            
                                            Net       Loan per Net
            % of                               Rentable Area   Units   Rentable Area
Property           Initial Pool                       Year   Year   (SF/Units/   of   (SF/Units/Rooms/
Flag   ID   Property Name   Balance   Address   City   County   State   Zip Code   Built   Renovated   Rooms/Pads)(4)   Measure   Pads) ($)(11)(12)
Loan   1   Equity Inns Portfolio (33)   8.3%   Various   Various   Various   Various   Various   Various   Various   2,690   Rooms   86,245
Property   1.01   Homewood Suites Seattle   1.5%   206 Western Avenue West   Seattle   King   WA   98119   1998   NAP   161   Rooms   261,491
Property   1.02   Homewood Suites Orlando   0.7%   8745 International Drive   Orlando   Orange   FL   32819   1999   2014   252   Rooms   72,817
Property   1.03   Courtyard Carlsbad   0.5%   5835 Owens Avenue   Carlsbad   San Diego   CA   92008   2000   2012-2013   145   Rooms   100,690
Property   1.04   Courtyard Houston   0.5%   12401 Katy Freeway   Houston   Harris   TX   77079   1979   2010   176   Rooms   76,705
Property   1.05   Homewood Suites Stratford   0.4%   6905 Main Street   Stratford   Fairfield   CT   06614   2002   2009, 2013, 2014   135   Rooms   92,593
Property   1.06   Hampton Inn Urbana   0.4%   1200 West University Avenue   Urbana   Champaign   IL   61801   1995   2011   130   Rooms   95,385
Property   1.07   Springhill Suites Asheville   0.4%   2 Buckstone Place   Asheville   Buncombe   NC   28805   2001   2009   88   Rooms   130,682
Property   1.08   Hilton Garden Inn Louisville   0.4%   1530 Alliant Avenue   Louisville   Jefferson   KY   40299   1999   2012   112   Rooms   102,232
Property   1.09   Hampton Inn Orlando   0.4%   8900 Universal Boulevard   Orlando   Orange   FL   32819   1999   2012   170   Rooms   65,588
Property   1.10   Hampton Inn Austin   0.4%   7619 Interstate 35 North   Austin   Travis   TX   78752   1985   2009   121   Rooms   90,909
Property   1.11   Hampton Inn College Station   0.4%   320 Texas Avenue South   College Station   Brazos   TX   77840   1986   2007, 2008   133   Rooms   78,947
Property   1.12   Hampton Inn Indianapolis   0.3%   6817 East 82nd Street   Indianapolis   Marion   IN   46250   1987   2013   128   Rooms   70,703
Property   1.13   TownePlace Suites Savannah   0.3%   11309 Abercorn Street   Savannah   Chatham   GA   31411   2000   2012, 2013   93   Rooms   91,398
Property   1.14   Hampton Inn East Lansing   0.3%   2500 Coolidge Road   East Lansing   Ingham   MI   48823   2000   2008   86   Rooms   93,023
Property   1.15   Hampton Inn Naperville   0.3%   1087 East Diehl Road   Naperville   Du Page   IL   60563   1987   2010   129   Rooms   56,589
Property   1.16   Hilton Garden Inn Rio Rancho   0.3%   1771 Rio Rancho Boulevard   Rio Rancho   Sandoval   NM   87124   1998   2014   129   Rooms   55,814
Property   1.17   Courtyard Dalton   0.2%   785 College Drive   Dalton   Whitfield   GA   30720   1999   2012   93   Rooms   63,441
Property   1.18   Hampton Inn Alcoa   0.2%   148 International Avenue   Alcoa   Blount   TN   37701   1989   2009-2010   118   Rooms   41,949
Property   1.19   Homewood Suites Augusta   0.2%   1049 Stevens Creek Road   Augusta   Richmond   GA   30907   1997   2008   65   Rooms   74,615
Property   1.20   Residence Inn Jacksonville   0.2%   1310 Airport Road   Jacksonville   Duval   FL   32218   1999   NAP   78   Rooms   57,692
Property   1.21   Hampton Inn Milford   0.1%   129 Plains Road   Milford   New Haven   CT   06460   1986   2010   148   Rooms   18,243
Loan   2   32 Avenue of the Americas (33)(36)   7.3%   32 Avenue of the Americas   New York   New York   NY   10013   1932   1999   1,163,051   Sq. Ft.   365
Loan   3   11 Madison Avenue (33)(34)(35)   7.2%   11 Madison Avenue   New York   New York   NY   10010   1932-1950   1994-1997, 2015   2,285,043   Sq. Ft.   334
Loan   4   1209 DeKalb (35)(36)   4.8%   1209 DeKalb Avenue   Brooklyn   Kings   NY   11221   2013   NAP   127   Units   362,205
Loan   5   Good Samaritan Medical Tower (36)   4.4%   1127 Wilshire Boulevard   Los Angeles   Los Angeles   CA   90017   1965   2014   146,354   Sq. Ft.   292
Loan   6   Harvey Building Products Portfolio (33)   4.4%   Various   Various   Various   Various   Various   Various   Various   2,046,119   Sq. Ft.   54
Property   6.01   Londonderry Manufacturing   0.8%   5 Jack’s Bridge Road   Londonderry   Hillsborough   NH   03062   2007   NAP   376,294   Sq. Ft.   56
Property   6.02   Waltham Corporate   0.4%   1400 Main Street   Waltham   Middlesex   MA   02451   1999   2010-2015   54,400   Sq. Ft.   200
Property   6.03   Dartmouth Manufacturing   0.4%   7 Ledgewood Boulevard   North Dartmouth   Bristol   MA   02714   1998   NAP   235,239   Sq. Ft.   43
Property   6.04   Nashua   0.2%   90 Northeastern Boulevard   Nashua   Hillsborough   NH   03062   2006   NAP   111,594   Sq. Ft.   46
Property   6.05   West Bridgewater   0.2%   10 Turnpike Street   West Bridgewater   Plymouth   MA   02379   2005   NAP   81,776   Sq. Ft.   58
Property   6.06   Woburn   0.2%   27-33 Commonwealth Avenue   Woburn   Middlesex   MA   01801   1989   2013   76,054   Sq. Ft.   62
Property   6.07   Manchester, NH   0.2%   344 East Industrial Park Drive   Manchester   Hillsborough   NH   03109   2003   NAP   81,747   Sq. Ft.   47
Property   6.08   New London   0.1%   1096 Hartford Turnpike   Waterford   New London   CT   06385   2008   NAP   70,642   Sq. Ft.   52
Property   6.09   East Haven   0.1%   221 Commerce Street   East Haven   New Haven   CT   06512   2005   NAP   70,089   Sq. Ft.   48
Property   6.10   Salem   0.1%   4 Raymond Avenue   Salem   Rockingham   NH   03079   2001   NAP   58,286   Sq. Ft.   58
Property   6.11   Bethlehem   0.1%   2000 City Line Road   Bethlehem   Lehigh   PA   18017   1973   NAP   71,091   Sq. Ft.   46
Property   6.12   Lincoln   0.1%   21 Wellington Road   Lincoln   Providence   RI   02865   2003   NAP   80,240   Sq. Ft.   40
Property   6.13   Berlin   0.1%   272 Woodlawn Road   Berlin   Hartford   CT   06037   1995   NAP   43,796   Sq. Ft.   70
Property   6.14   Woburn CPD   0.1%   35 Commonwealth Avenue   Woburn   Middlesex   MA   01801   1984   NAP   59,800   Sq. Ft.   50
Property   6.15   Norwalk   0.1%   256-258 Dr. Martin Luther King Jr. Drive   Norwalk   Fairfield   CT   06854   1972   NAP   40,232   Sq. Ft.   62
Property   6.16   Dartmouth   0.1%   965 Reed Road   Dartmouth   Bristol   MA   02747   1974   2004   63,117   Sq. Ft.   38
Property   6.17   Braintree   0.1%   320 Wood Road   Braintree   Norfolk   MA   02184   1986   NAP   32,531   Sq. Ft.   69
Property   6.18   Manchester, CT   0.1%   730 Parker Street   Manchester   Hartford   CT   06042   1996   2004   49,175   Sq. Ft.   43
Property   6.19   Portland   0.1%   401 Riverside Street   Portland   Cumberland   ME   04103   1976   2003   48,145   Sq. Ft.   44
Property   6.20   Norwalk   0.1%   260 Dr. Martin Luther King Jr. Drive   Norwalk   Fairfield   CT   06854   1974   NAP   30,000   Sq. Ft.   63
Property   6.21   Warwick   0.1%   45 Lori Ann Way   Warwick   Kent   RI   02886   1997   NAP   43,899   Sq. Ft.   43
Property   6.22   Fitchburg   0.1%   133 Benson Street   Fitchburg   Worcester   MA   01420   2002   NAP   39,433   Sq. Ft.   41
Property   6.23   Auburn   0.1%   300 Washington Street   Auburn   Worcester   MA   01501   1983   1995-2006   37,132   Sq. Ft.   42
Property   6.24   Portsmouth   0.1%   240 West Road   Portsmouth   Rockingham   NH   03801   1993   NAP   31,470   Sq. Ft.   48
Property   6.25   Southampton   0.0%   99 Buck Road   Huntingdon Valley   Bucks   PA   19006   2009   NAP   36,421   Sq. Ft.   34
Property   6.26   Hyannis   0.0%   186 Breeds Hill Road   Hyannis   Barnstable   MA   02601   1986   2001-2002   24,070   Sq. Ft.   49
Property   6.27   Wilkes-Barre   0.0%   936 Rutter Avenue   Forty Fort   Luzerne   PA   18704   1950   1999   32,200   Sq. Ft.   34
Property   6.28   Berlin CPD   0.0%   230 Woodlawn Road   Berlin   Hartford   CT   06037   1977   2002   28,163   Sq. Ft.   38
Property   6.29   Springfield   0.0%   175 Carando Drive   Springfield   Hampden   MA   01104   1989   NAP   25,347   Sq. Ft.   39
Property   6.30   White River Junction   0.0%   1354 North Hartland Road   White River Junction   Windsor   VT   05001   1981   1991   13,736   Sq. Ft.   62
Loan   7   Beach House Hilton Head (36)   4.2%   1 South Forest Beach Drive   Hilton Head Island   Beaufort   SC   29928   1973   2012   202   Rooms   198,020
Loan   8   Whitehall Hotel   3.7%   105 East Delaware Place   Chicago   Cook   IL   60611   1928   1972, 1994, 2012-2014   222   Rooms   161,912
Loan   9   611 Cowper   3.4%   611 Cowper Street   Palo Alto   Santa Clara   CA   94301   2015   NAP   30,000   Sq. Ft.   1,097
Loan   10   Springfield Mall (33)   3.4%   1250 Baltimore Pike   Springfield Township   Delaware   PA   19064   1974   1997   223,180   Sq. Ft.   291
Loan   11   Laguna Niguel Town Center   2.8%   30000-30192 Town Center Drive   Laguna Niguel   Orange   CA   92677   1980   2004   98,157   Sq. Ft.   269
Loan   12   Hacienda Gardens   2.5%   3001-3171 Meridian Avenue   San Jose   Santa Clara   CA   95124   1959, 2007, 2010, 2013, 2015   NAP   104,557   Sq. Ft.   230
Loan   13   Washington Plaza   2.4%   400-530 East Washington Boulevard   Los Angeles   Los Angeles   CA   90015   1926   2014   138,010   Sq. Ft.   166
Loan   14   Carrollwood Station   2.2%   8781 White Swan Drive   Tampa   Hillsborough   FL   33614   1984   2015   336   Units   63,988
Loan   15   Murrieta Spectrum   2.1%   25115 - 25175 Madison Avenue   Murrieta   Riverside   CA   92562   2005   NAP   172,598   Sq. Ft.   119
Loan   16   Westin Lake Mary   2.1%   2974 International Parkway   Lake Mary   Seminole   FL   32746   2009   NAP   252   Rooms   79,365

 

A-1-9
 

 

                                                     
COMM 2015-LC23                                      
                                                     
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                            
                                            Net       Loan per Net
            % of                               Rentable Area   Units   Rentable Area
Property           Initial Pool                       Year   Year   (SF/Units/   of   (SF/Units/Rooms/
Flag   ID   Property Name   Balance   Address   City   County   State   Zip Code   Built   Renovated   Rooms/Pads)(4)   Measure   Pads) ($)(11)(12)
Loan   17   Lake Creek Festival   2.1%   13729 Research Boulevard   Austin   Williamson   TX   78750   1990, 1991   NAP   285,454   Sq. Ft.   69
Loan   18   Wedgewood Building   2.0%   2015 Manhattan Beach Boulevard   Redondo Beach   Los Angeles   CA   90278   1986   2014   83,005   Sq. Ft.   229
Loan   19   Kenhorst Plaza   1.9%   300 Kenhorst Plaza   Kenhorst   Berks   PA   19607   1990   NAP   161,424   Sq. Ft.   113
Loan   20   Addison Town Center   1.7%   3740-3850 Beltline Road   Addison   Dallas   TX   75001   1993-1994   2003   186,275   Sq. Ft.   87
Loan   21   A&H Olympic   1.5%   210 East Olympic Boulevard   Los Angeles   Los Angeles   CA   90015   1989   NAP   105,225   Sq. Ft.   135
Loan   22   Brentwood Retail Center (35)   1.4%   11707-11715 Gorham Avenue   Brentwood   Los Angeles   CA   90049   1960   1979   10,511   Sq. Ft.   1,264
Loan   23   A&H Maple Avenue   1.4%   1001 South Maple Avenue   Los Angeles   Los Angeles   CA   90015   1984, 1993   NAP   23,941   Sq. Ft.   543
Loan   24   BJs Montgomeryville   1.2%   724 Bethlehem Pike   Montgomeryville   Montgomery   PA   18936   2015   NAP   87,984   Sq. Ft.   136
Loan   25   Colerain Center   1.2%   9470 Colerain Avenue   Colerain Township   Hamilton   OH   45251   1988, 2003   2013   78,169   Sq. Ft.   149
Loan   26   Whitewater Place   1.2%   2695 Satinwood Avenue Southeast   Grand Rapids   Kent   MI   49546   2015   NAP   89   Units   129,065
Loan   27   Brown Street Centre   1.2%   255 East Brown Street   Birmingham   Oakland   MI   48009   1985   2014   69,716   Sq. Ft.   162
Loan   28   Biltmore Parks Apartments   1.1%   1111 Vista Valet   San Antonio   Bexar   TX   78216   1984   2015   264   Units   41,667
Loan   29   Ortega Village - Retail   1.1%   31654-31742 Rancho Viejo Road   San Juan Capistrano   Orange   CA   92675   1981   NAP   40,423   Sq. Ft.   262
Loan   30   Landings Shops and Offices   0.9%   Various   Avon Lake   Lorain   OH   44012   Various   Various   102,220   Sq. Ft.   87
Property   30.01   Landings Shops and Offices   0.5%   445 Avon Belden Road   Avon Lake   Lorain   OH   44012   1975-1980   NAP   71,063   Sq. Ft.   63
Property   30.02   Progressive Properties   0.3%   450 Avon Belden Road   Avon Lake   Lorain   OH   44012   1997   NAP   12,100   Sq. Ft.   220
Property   30.03   Kopf Offices   0.2%   412 & 420 Avon Belden Road   Avon Lake   Lorain   OH   44012   1996   2004   19,057   Sq. Ft.   94
Loan   31   Terraces on Second   0.9%   507 South 2nd Street   Champaign   Champaign   IL   61820   2015   NAP   112   Beds   76,786
Loan   32   75 Executive Drive (36)   0.9%   75 Executive Drive   Aurora   DuPage   IL   60504   1980   1990, 2006   107,087   Sq. Ft.   76
Loan   33   Best Buy Boca Raton   0.8%   20540 State Road 7   Boca Raton   Palm Beach   FL   33498   1995   2015   58,000   Sq. Ft.   130
Loan   34   Somerset Apartments   0.8%   1101,1201 & 1205 Madeira Drive Southeast   Albuquerque   Bernalillo   NM   87108   1962   2004-2014   224   Units   33,482
Loan   35   Walgreens VA Beach   0.8%   645 First Colonial Road   Virginia Beach   Virginia Beach City   VA   23451   2015   NAP   14,200   Sq. Ft.   519
Loan   36   Holiday Inn Express & Suites Rockport   0.8%   925 Lady Claire Street   Rockport   Aransas   TX   78382   2010   NAP   69   Rooms   106,216
Loan   37   Commons at Pembroke   0.7%   408 West Railroad Street   Pembroke   Robeson   NC   28372   2006, 2010   NAP   336   Beds   21,405
Loan   38   Monument Creek (36)   0.7%   85 Sunflower Road   Colorado Springs   El Paso   CO   80907   1997   NAP   137   Pads   48,467
Loan   39   High Country Plaza   0.7%   15805-15817 Bernardo Center Drive   San Diego   San Diego   CA   92127   1988   NAP   20,598   Sq. Ft.   315
Loan   40   Williamsburg Center   0.7%   Various   O’Fallon   St. Clair   IL   62269   Various   NAP   84,487   Sq. Ft.   75
Property   40.01   1734 Corporate Crossing   0.2%   1734 Corporate Crossing   O’Fallon   St. Clair   IL   62269   2005   NAP   12,100   Sq. Ft.   124
Property   40.02   1728 Corporate Crossing   0.2%   1728 Corporate Crossing   O’Fallon   St. Clair   IL   62269   1999   NAP   12,100   Sq. Ft.   119
Property   40.03   1722 Corporate Crossing   0.1%   1722 Corporate Crossing   O’Fallon   St. Clair   IL   62269   2000   NAP   12,100   Sq. Ft.   114
Property   40.04   1035 East Gate Drive   0.1%   1035 Eastgate   O’Fallon   St. Clair   IL   62269   2005   NAP   14,600   Sq. Ft.   46
Property   40.05   735 Seibert Road   0.1%   735 Seibert Road   O’Fallon   St. Clair   IL   62269   1996   NAP   11,218   Sq. Ft.   45
Property   40.06   703 Seibert Road   0.0%   703 Seibert Road   O’Fallon   St. Clair   IL   62269   1996   NAP   11,169   Sq. Ft.   39
Property   40.07   723 Seibert Road   0.0%   723 Seibert Road   O’Fallon   St. Clair   IL   62269   1996   NAP   11,200   Sq. Ft.   37
Loan   41   Shops at Cardiff Ranch   0.7%   4603 FM 1463   Katy   Fort Bend   TX   77494   2015   NAP   24,250   Sq. Ft.   261
Loan   42   Cobblestone Court II   0.5%   910-1010 Center Place Drive   Rochester   Monroe   NY   14615   1994, 2001   NAP   80   Units   64,931
Loan   43   Hampton Inn & Suites – Portland   0.5%   1705 Highway 181 North   Portland   San Patricio   TX   78374   2001   2013   54   Rooms   92,378
Loan   44   40 Wall Street (33)   0.5%   40 Wall Street   New York   New York   NY   10006   1929   1995   1,165,207   Sq. Ft.   136
Loan   45   Palisades of Bridgeport   0.5%   245-275, 315 Palisade Avenue   Bridgeport   Fairfield   CT   06610   1918-1920   1993   93   Units   49,412
Loan   46   Walgreens Frisco TX   0.4%   3030 West Main Street   Frisco   Denton   TX   75034   2003   NAP   14,560   Sq. Ft.   273
Loan   47   Walgreens-Goodwill Missouri TX   0.4%   4042 Lake Shore Harbour Boulevard   Missouri City   Fort Bend   TX   77459   2005   NAP   14,820   Sq. Ft.   268
Loan   48   Warsaw Village   0.4%   4665-4719 Richmond Road   Warsaw   Richmond   VA   22572   1991   NAP   60,100   Sq. Ft.   60
Loan   49   Walton Shoppes   0.4%   1266 Walton Boulevard   Rochester Hills   Oakland   MI   48307   2014   NAP   22,715   Sq. Ft.   154
Loan   50   Ortega Village- Pads   0.4%   31734-31736 Rancho Viejo Road   San Juan Capistrano   Orange   CA   92675   1980   NAP   16,601   Sq. Ft.   210
Loan   51   691 14th Street Retail   0.4%   691 14th Street, Northwest   Atlanta   Fulton   GA   30318   2014   NAP   10,857   Sq. Ft.   321
Loan   52   Monte & Wishing Well   0.3%   Various   Various   Various   NY   Various   Various   Various   95   Pads   34,941
Property   52.01   Monte Carlo MHC   0.2%   4294 Caledonia Avon Road   Caledonia   Livingston   NY   14423   1977   1987   54   Pads   35,396
Property   52.02   Wishing Well MHP   0.1%   2469 State Route 444   Bloomfield   Ontario   NY   14469   1980   1990   41   Pads   34,341
Loan   53   Ferndale Avenue Shoppes   0.3%   23123-23235 Woodward Avenue   Ferndale   Oakland   MI   48220   2013   NAP   17,218   Sq. Ft.   176
Loan   54   Courtyard Self Storage   0.3%   #40A & #40B Bay Road, 1, 2, & 3 East End Quarter   St. Thomas   NAP   USVI   00802   2006   NAP   12,060   Sq. Ft.   249
Loan   55   Bayonne MHP   0.3%   197 West 24th Street   Bayonne   Hudson   NJ   07002   1960   1994   109   Pads   27,490
Loan   56   Best Western Cleveland Airport   0.3%   16501 Snow Road   Brook Park   Cuyahoga   OH   44142   1996   2012   64   Rooms   46,771
Loan   57   Eureka Crossings   0.2%   15200-15300 Eureka Road   Southgate   Wayne   MI   48195   1991   NAP   25,233   Sq. Ft.   93
Loan   58   Family Dollar - Rose Hill (36)   0.1%   269 North Sycamore Street   Rose Hill   Duplin   NC   28458   2014   NAP   8,320   Sq. Ft.   120
Loan   59   Family Dollar - Moultrie (36)   0.1%   2993 West Boulevard   Moultrie   Colquitt   GA   31768   2014   NAP   8,233   Sq. Ft.   113
Loan   60   Family Dollar - Biscoe (36)   0.1%   2804 NC Highway 24-27   Biscoe   Montgomery   NC   27209   2015   NAP   8,320   Sq. Ft.   103
Loan   61   Family Dollar - Rockingham (36)   0.1%   303 Airport Road   Rockingham   Richmond   NC   28379   2014   NAP   8,320   Sq. Ft.   98
Loan   62   Dollar General - De Soto (36)   0.1%   1003 Guthrie Street   De Soto   Dallas   IA   50069   2015   NAP   9,100   Sq. Ft.   77

 

A-1-10
 

 

COMM 2015-LC23                                  
                                                 
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                        
                                                 
            % of                       Second Most   Second   Second   Second
Property           Initial Pool   Prepayment Provisions   Most Recent Operating   Most Recent   Most Recent   Most Recent   Recent Operating   Most Recent   Most Recent   Most Recent
Flag   ID   Property Name   Balance   (# of payments)(15)(16)(17)   Statements Date   EGI ($)   Expenses($)   NOI($)   Statements Date   EGI($)   Expenses($)   NOI($)
Loan   1   Equity Inns Portfolio (33)   8.3%   L(25), YM1(31), O(4)   T-12 7/31/2015   87,351,020   56,731,542   30,619,478   12/31/2014   82,802,871   52,725,736   30,077,135
Property   1.01   Homewood Suites Seattle   1.5%       T-12 7/31/2015   9,695,746   4,733,832   4,961,914   12/31/2014   9,110,662   4,346,617   4,764,045
Property   1.02   Homewood Suites Orlando   0.7%       T-12 7/31/2015   7,994,338   5,765,497   2,228,841   12/31/2014   7,343,829   5,469,631   1,874,198
Property   1.03   Courtyard Carlsbad   0.5%       T-12 7/31/2015   5,576,175   3,734,377   1,841,798   12/31/2014   5,290,027   3,470,323   1,819,704
Property   1.04   Courtyard Houston   0.5%       T-12 7/31/2015   5,390,708   3,599,768   1,790,940   12/31/2014   5,977,581   3,570,607   2,406,973
Property   1.05   Homewood Suites Stratford   0.4%       T-12 7/31/2015   4,885,156   3,501,764   1,383,392   12/31/2014   3,981,884   2,707,196   1,274,688
Property   1.06   Hampton Inn Urbana   0.4%       T-12 7/31/2015   4,235,040   2,469,341   1,765,699   12/31/2014   4,346,857   2,335,303   2,011,554
Property   1.07   Springhill Suites Asheville   0.4%       T-12 7/31/2015   3,226,221   1,705,976   1,520,245   12/31/2014   2,895,310   1,528,871   1,366,439
Property   1.08   Hilton Garden Inn Louisville   0.4%       T-12 7/31/2015   4,050,176   2,482,237   1,567,939   12/31/2014   3,767,236   2,236,143   1,531,093
Property   1.09   Hampton Inn Orlando   0.4%       T-12 7/31/2015   4,963,636   3,428,039   1,535,597   12/31/2014   4,688,699   3,312,275   1,376,424
Property   1.10   Hampton Inn Austin   0.4%       T-12 7/31/2015   3,866,877   2,404,632   1,462,245   12/31/2014   3,550,282   2,231,667   1,318,616
Property   1.11   Hampton Inn College Station   0.4%       T-12 7/31/2015   4,240,816   2,644,965   1,595,851   12/31/2014   4,363,868   2,638,993   1,724,875
Property   1.12   Hampton Inn Indianapolis   0.3%       T-12 7/31/2015   3,718,793   2,430,846   1,287,947   12/31/2014   3,375,772   2,214,349   1,161,423
Property   1.13   TownePlace Suites Savannah   0.3%       T-12 7/31/2015   2,606,956   1,500,642   1,106,314   12/31/2014   2,251,693   1,259,578   992,115
Property   1.14   Hampton Inn East Lansing   0.3%       T-12 7/31/2015   3,176,643   1,934,959   1,241,684   12/31/2014   3,077,502   1,861,234   1,216,267
Property   1.15   Hampton Inn Naperville   0.3%       T-12 7/31/2015   3,472,035   2,345,517   1,126,518   12/31/2014   3,221,059   2,245,205   975,854
Property   1.16   Hilton Garden Inn Rio Rancho   0.3%       T-12 7/31/2015   3,295,587   2,316,761   978,826   12/31/2014   2,983,525   2,050,453   933,072
Property   1.17   Courtyard Dalton   0.2%       T-12 7/31/2015   2,476,550   1,719,253   757,297   12/31/2014   2,341,811   1,546,844   794,967
Property   1.18   Hampton Inn Alcoa   0.2%       T-12 7/31/2015   2,600,086   1,996,583   603,503   12/31/2014   2,580,652   1,926,109   654,543
Property   1.19   Homewood Suites Augusta   0.2%       T-12 7/31/2015   2,411,258   1,633,763   777,495   12/31/2014   2,402,709   1,607,550   795,159
Property   1.20   Residence Inn Jacksonville   0.2%       T-12 7/31/2015   2,321,387   1,634,869   686,518   12/31/2014   2,235,022   1,598,696   636,326
Property   1.21   Hampton Inn Milford   0.1%       T-12 7/31/2015   3,146,836   2,747,921   398,915   12/31/2014   3,016,890   2,568,090   448,800
Loan   2   32 Avenue of the Americas (33)(36)   7.3%   L(25), YM1(90), O(5)   T-12 6/30/2015   62,077,026   21,472,061   40,604,965   12/31/2014   61,348,373   21,720,013   39,628,360
Loan   3   11 Madison Avenue (33)(34)(35)   7.2%   L(26), D(87), O(7)   T-12 5/31/2015   70,265,498   23,876,107   46,389,392   12/31/2014   69,880,799   23,175,050   46,705,749
Loan   4   1209 DeKalb (35)(36)   4.8%   L(25), D(28), O(7)   T-12 8/31/2015   3,574,218   805,389   2,768,829                
Loan   5   Good Samaritan Medical Tower (36)   4.4%   L(12), YM2(103), O(5)   T-12 4/30/2015   5,234,036   1,556,725   3,677,311   12/31/2014   5,023,834   1,514,919   3,508,915
Loan   6   Harvey Building Products Portfolio (33)   4.4%   L(25), D(31), O(4)                                
Property   6.01   Londonderry Manufacturing   0.8%                                    
Property   6.02   Waltham Corporate   0.4%                                    
Property   6.03   Dartmouth Manufacturing   0.4%                                    
Property   6.04   Nashua   0.2%                                    
Property   6.05   West Bridgewater   0.2%                                    
Property   6.06   Woburn   0.2%                                    
Property   6.07   Manchester, NH   0.2%                                    
Property   6.08   New London   0.1%                                    
Property   6.09   East Haven   0.1%                                    
Property   6.10   Salem   0.1%                                    
Property   6.11   Bethlehem   0.1%                                    
Property   6.12   Lincoln   0.1%                                    
Property   6.13   Berlin   0.1%                                    
Property   6.14   Woburn CPD   0.1%                                    
Property   6.15   Norwalk   0.1%                                    
Property   6.16   Dartmouth   0.1%                                    
Property   6.17   Braintree   0.1%                                    
Property   6.18   Manchester, CT   0.1%                                    
Property   6.19   Portland   0.1%                                    
Property   6.20   Norwalk   0.1%                                    
Property   6.21   Warwick   0.1%                                    
Property   6.22   Fitchburg   0.1%                                    
Property   6.23   Auburn   0.1%                                    
Property   6.24   Portsmouth   0.1%                                    
Property   6.25   Southampton   0.0%                                    
Property   6.26   Hyannis   0.0%                                    
Property   6.27   Wilkes-Barre   0.0%                                    
Property   6.28   Berlin CPD   0.0%                                    
Property   6.29   Springfield   0.0%                                    
Property   6.30   White River Junction   0.0%                                    
Loan   7   Beach House Hilton Head (36)   4.2%   L(25), D(58), D or 4%(12), D or 3%(12), D or 1%(9), O(4)   T-12 6/30/2015   12,599,845   8,095,958   4,503,886   12/31/2014   11,685,641   7,553,459   4,132,182
Loan   8   Whitehall Hotel   3.7%   L(25), D(91), O(4)   T-12 7/31/2015   10,359,193   6,160,208   4,198,985   12/31/2014   9,466,357   5,820,535   3,645,822
Loan   9   611 Cowper   3.4%   L(26), D(90), O(4)                                
Loan   10   Springfield Mall (33)   3.4%   L(25), D(91), O(4)   T-12 7/31/2015   13,153,800   5,571,477   7,582,323   12/31/2014   13,162,646   5,699,481   7,463,165
Loan   11   Laguna Niguel Town Center   2.8%   L(23), YM1(93), O(4)   T-12 7/31/2015   3,137,121   636,680   2,500,441   12/31/2014   3,137,242   663,725   2,473,518
Loan   12   Hacienda Gardens   2.5%   L(24), YM1(92), O(4)   T-12 6/30/2015   1,760,916   874,346   886,570   12/31/2014   1,559,298   933,541   625,757
Loan   13   Washington Plaza   2.4%   L(25), D(91), O(4)   T-12 6/30/2015   2,421,115   639,156   1,781,959   12/31/2014   2,386,562   634,201   1,752,361
Loan   14   Carrollwood Station   2.2%   L(26), D(31), O(3)   T-12 7/31/2015   3,355,819   1,556,668   1,799,151   12/31/2014   3,266,291   1,539,276   1,727,015
Loan   15   Murrieta Spectrum   2.1%   L(25), D(29), O(6)   T-12 7/31/2015   2,450,896   888,707   1,562,189   12/31/2014   2,253,498   808,273   1,445,224
Loan   16   Westin Lake Mary   2.1%   L(26), D(89), O(5)   T-12 8/31/2015   8,016,808   5,622,245   2,394,563   12/31/2014   7,519,357   5,330,025   2,189,332

 

A-1-11
 

 

                                                 
COMM 2015-LC23                                  
                                                 
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                        
                                                 
            % of                       Second Most   Second   Second   Second
Property           Initial Pool   Prepayment Provisions   Most Recent Operating   Most Recent   Most Recent   Most Recent   Recent Operating   Most Recent   Most Recent   Most Recent
Flag   ID   Property Name   Balance   (# of payments)(15)(16)(17)   Statements Date   EGI ($)   Expenses($)   NOI($)   Statements Date   EGI($)   Expenses($)   NOI($)
Loan   17   Lake Creek Festival   2.1%   L(25), D(91), O(4)   T-12 7/31/2015   2,680,040   904,608   1,775,432   12/31/2014   2,406,605   950,234   1,456,372
Loan   18   Wedgewood Building   2.0%   L(25), D(91), O(4)                                
Loan   19   Kenhorst Plaza   1.9%   L(25), D(92), O(3)   T-12 6/30/2015   2,299,976   778,162   1,521,814   12/31/2014   2,210,920   797,126   1,413,794
Loan   20   Addison Town Center   1.7%   L(25), D(90), O(5)   T-12 5/31/2015   2,353,449   792,644   1,560,805   12/31/2014   2,433,500   758,599   1,674,901
Loan   21   A&H Olympic   1.5%   L(27), D(89), O(4)   12/31/2014   2,081,322   611,924   1,469,398   12/31/2013   2,071,753   601,271   1,470,482
Loan   22   Brentwood Retail Center (35)   1.4%   L(25), D(91), O(4)   T-12 6/30/2015   1,297,894   227,028   1,070,866   12/31/2014   1,272,104   226,368   1,045,736
Loan   23   A&H Maple Avenue   1.4%   L(26), D(90), O(4)   12/31/2014   2,097,346   277,895   1,819,451   12/31/2013   2,128,095   286,376   1,841,719
Loan   24   BJs Montgomeryville   1.2%   L(25), YM1(91), O(4)                                
Loan   25   Colerain Center   1.2%   L(25), D(91), O(4)   T-12 3/31/2015   1,275,531   301,137   974,395   12/31/2014   1,288,808   314,952   973,856
Loan   26   Whitewater Place   1.2%   L(25), D(92), O(3)   T-3 8/31/2015 Ann.   1,146,164   355,829   790,335                
Loan   27   Brown Street Centre   1.2%   L(25), D(91), O(4)   T-12 4/30/2015   1,923,678   644,141   1,279,537   12/31/2014   1,910,361   662,293   1,248,068
Loan   28   Biltmore Parks Apartments   1.1%   L(25), D(91), O(4)   T-12 8/31/2015   2,402,953   1,380,011   1,022,942   12/31/2014   2,290,626   1,275,786   1,014,840
Loan   29   Ortega Village - Retail   1.1%   L(23), YM1(93), O(4)   T-7 7/31/2015 Ann.   1,267,057   395,504   871,553   12/31/2014   1,156,234   386,846   769,388
Loan   30   Landings Shops and Offices   0.9%   L(25), D(91), O(4)   T-12 4/30/2015   1,683,953   567,201   1,116,752   12/31/2014   1,682,575   577,652   1,104,923
Property   30.01   Landings Shops and Offices   0.5%       T-12 4/30/2015   850,316   336,364   513,952   12/31/2014   847,286   336,180   511,106
Property   30.02   Progressive Properties   0.3%       T-12 4/30/2015   330,223   94,662   235,561   12/31/2014   338,161   99,110   239,051
Property   30.03   Kopf Offices   0.2%       T-12 4/30/2015   503,414   136,175   367,239   12/31/2014   497,128   142,362   354,766
Loan   31   Terraces on Second   0.9%   L(26), D(91), O(3)                                
Loan   32   75 Executive Drive (36)   0.9%   L(27), D(89), O(4)   T-12 6/30/2015   1,117,419   681,440   435,979   12/31/2014   876,276   697,300   178,976
Loan   33   Best Buy Boca Raton   0.8%   L(24), D(92), O(4)   12/31/2013   571,344       571,344                
Loan   34   Somerset Apartments   0.8%   L(25), YM1(92), O(3)   T-12 8/31/2015   1,565,691   902,394   663,297   12/31/2014   1,514,968   887,844   627,124
Loan   35   Walgreens VA Beach   0.8%   L(25), D(91), O(4)                                
Loan   36   Holiday Inn Express & Suites Rockport   0.8%   L(25), D(92), O(3)   T-12 7/31/2015   2,302,052   1,310,412   991,640   12/31/2014   2,222,461   1,234,423   988,038
Loan   37   Commons at Pembroke   0.7%   L(25), D(91), O(4)   T-12 7/31/2015   1,590,611   923,155   667,456   12/31/2014   1,464,077   901,826   562,251
Loan   38   Monument Creek (36)   0.7%   L(25), D(91), O(4)   T-12 7/1/2015   738,655   212,177   526,478   12/31/2014   719,911   206,604   513,307
Loan   39   High Country Plaza   0.7%   L(23), YM1(93), O(4)   T-12 7/31/2015   761,536   200,375   561,161   12/31/2014   757,983   212,977   545,006
Loan   40   Williamsburg Center   0.7%   L(25), D(91), O(4)   T-12 6/30/2015   1,264,258   416,446   847,812   12/31/2014   1,290,718   416,068   874,650
Property   40.01   1734 Corporate Crossing   0.2%       T-12 6/30/2015   200,073   69,634   130,439   12/31/2014   198,849   69,930   128,918
Property   40.02   1728 Corporate Crossing   0.2%       T-12 6/30/2015   188,554   49,945   138,609   12/31/2014   188,228   53,066   135,162
Property   40.03   1722 Corporate Crossing   0.1%       T-12 6/30/2015   168,692   51,881   116,811   12/31/2014   162,059   50,212   111,847
Property   40.04   1035 East Gate Drive   0.1%       T-12 6/30/2015   218,628   58,825   159,803   12/31/2014   255,500   56,064   199,436
Property   40.05   735 Seibert Road   0.1%       T-12 6/30/2015   164,788   72,403   92,385   12/31/2014   164,540   74,026   90,514
Property   40.06   703 Seibert Road   0.0%       T-12 6/30/2015   183,902   54,422   129,480   12/31/2014   180,050   51,414   128,636
Property   40.07   723 Seibert Road   0.0%       T-12 6/30/2015   139,622   59,337   80,285   12/31/2014   141,492   61,357   80,135
Loan   41   Shops at Cardiff Ranch   0.7%   L(26), D(91), O(3)                                
Loan   42   Cobblestone Court II   0.5%   L(25), D(91), O(4)   YTD 6/30/2015   843,526   308,884   534,642   12/31/2014   850,509   300,745   549,764
Loan   43   Hampton Inn & Suites – Portland   0.5%   L(25), D(92), O(3)   T-12 7/31/2015   2,160,732   1,238,457   922,275   12/31/2014   1,938,101   1,131,086   807,015
Loan   44   40 Wall Street (33)   0.5%   L(28), D(88), O(4)   T-12 3/31/2015   29,157,396   18,863,645   10,293,751   12/31/2014   29,603,829   18,918,523   10,685,306
Loan   45   Palisades of Bridgeport   0.5%   L(25), D(91), O(4)   T-12 6/30/2015   840,307   385,359   454,948   12/31/2014   833,636   390,033   443,603
Loan   46   Walgreens Frisco TX   0.4%   L(26), D(90), O(4)   T-12 6/30/2015   364,000   16,057   347,943   12/31/2014   364,000   15,592   348,408
Loan   47   Walgreens-Goodwill Missouri TX   0.4%   L(26), D(90), O(4)                                
Loan   48   Warsaw Village   0.4%   L(26), D(30), O(4)   T-12 6/30/2015   412,151   79,881   332,270   12/31/2014   434,697   91,590   343,107
Loan   49   Walton Shoppes   0.4%   L(24), YM1(92), O(4)   T-12 6/30/2015   346,748   153,788   192,960                
Loan   50   Ortega Village- Pads   0.4%   L(23), YM1(93), O(4)   T-12 7/31/2015   416,854   136,817   280,037   12/31/2014   428,445   140,309   288,136
Loan   51   691 14th Street Retail   0.4%   L(27), D(90), O(3)                                
Loan   52   Monte & Wishing Well   0.3%   L(25), D(91), O(4)   Various   626,049   247,549   378,500   12/31/2014   620,808   257,762   363,046
Property   52.01   Monte Carlo MHC   0.2%       T-12 4/30/15   388,896   142,544   246,352   12/31/2014   385,072   151,686   233,386
Property   52.02   Wishing Well MHP   0.1%       T-12 3/31/15   237,153   105,005   132,148   12/31/2014   235,736   106,076   129,660
Loan   53   Ferndale Avenue Shoppes   0.3%   L(24), YM1(92), O(4)   T-12 6/30/2015   357,078   127,507   229,570                
Loan   54   Courtyard Self Storage   0.3%   L(25), D(92), O(3)   T-12 7/31/2015   476,496   145,291   331,205   12/31/2014   493,550   150,396   343,154
Loan   55   Bayonne MHP   0.3%   L(25), D(92), O(3)   T-12 6/30/2015   732,718   396,963   335,755   12/31/2014   695,780   403,791   291,988
Loan   56   Best Western Cleveland Airport   0.3%   L(25), D(91), O(4)   T-12 7/31/15   1,320,127   842,577   477,551   12/31/2014   1,296,651   870,607   426,044
Loan   57   Eureka Crossings   0.2%   L(24), YM1(92), O(4)   T-12 6/30/2015   508,113   163,836   344,278   12/31/2014   521,033   163,523   357,510
Loan   58   Family Dollar - Rose Hill (36)   0.1%   YM(25), DorYM(88), O(7)                                
Loan   59   Family Dollar - Moultrie (36)   0.1%   YM(25), DorYM(88), O(7)                                
Loan   60   Family Dollar - Biscoe (36)   0.1%   YM(25), DorYM(88), O(7)                                
Loan   61   Family Dollar - Rockingham (36)   0.1%   YM(25), DorYM(88), O(7)                                
Loan   62   Dollar General - De Soto (36)   0.1%   YM(25), DorYM(88), O(7)                                

 

A-1-12
 

 

COMM 2015-LC23                                          
                                                         
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                                
                                                         
            % of   Third Most   Third   Third   Third                            
Property           Initial Pool   Recent Operating   Most Recent   Most Recent   Most Recent   Underwritten NOI   Underwritten NCF    Underwritten    Underwritten    Underwritten    Underwritten    Underwritten
Flag   ID   Property Name   Balance   Statements Date   EGI($)   Expenses($)   NOI($)   Debt Yield (11)(12)   Debt Yield (11)(12)    Revenue($)    EGI($)    Expenses($)    NOI ($)    Reserves($)
Loan   1   Equity Inns Portfolio (33)   8.3%   12/31/2013   78,328,375   50,981,127   27,347,248   13.3%   11.8%   84,440,306   87,351,020   56,459,731   30,891,289   3,494,041
Property   1.01   Homewood Suites Seattle   1.5%   12/31/2013   7,953,044   4,027,501   3,925,543           9,372,913   9,695,746   4,733,449   4,962,297   387,830
Property   1.02   Homewood Suites Orlando   0.7%   12/31/2013   7,623,501   5,544,041   2,079,460           7,764,666   7,994,338   5,761,809   2,232,529   319,774
Property   1.03   Courtyard Carlsbad   0.5%   12/31/2013   4,878,776   3,322,802   1,555,974           5,098,077   5,576,175   3,743,775   1,832,400   223,047
Property   1.04   Courtyard Houston   0.5%   12/31/2013   6,005,150   3,671,066   2,334,083           4,835,726   5,390,708   3,515,072   1,875,636   215,628
Property   1.05   Homewood Suites Stratford   0.4%   12/31/2013   4,870,147   3,513,462   1,356,685           4,758,339   4,885,156   3,471,649   1,413,507   195,406
Property   1.06   Hampton Inn Urbana   0.4%   12/31/2013   4,199,219   2,298,203   1,901,016           4,184,929   4,235,040   2,472,946   1,762,094   169,402
Property   1.07   Springhill Suites Asheville   0.4%   12/31/2013   2,742,070   1,483,884   1,258,186           3,187,361   3,226,221   1,703,774   1,522,447   129,049
Property   1.08   Hilton Garden Inn Louisville   0.4%   12/31/2013   3,318,817   1,975,294   1,343,523           3,805,606   4,050,176   2,447,349   1,602,827   162,007
Property   1.09   Hampton Inn Orlando   0.4%   12/31/2013   4,173,205   3,010,211   1,162,993           4,880,548   4,963,636   3,429,795   1,533,841   198,545
Property   1.10   Hampton Inn Austin   0.4%   12/31/2013   3,349,149   2,132,939   1,216,210           3,843,408   3,866,877   2,362,967   1,503,910   154,675
Property   1.11   Hampton Inn College Station   0.4%   12/31/2013   3,750,664   2,360,530   1,390,133           4,223,801   4,240,816   2,640,560   1,600,256   169,633
Property   1.12   Hampton Inn Indianapolis   0.3%   12/31/2013   2,819,186   2,011,012   808,174           3,686,201   3,718,793   2,442,585   1,276,208   148,752
Property   1.13   TownePlace Suites Savannah   0.3%   12/31/2013   1,878,363   1,162,564   715,800           2,553,485   2,606,956   1,473,976   1,132,980   104,278
Property   1.14   Hampton Inn East Lansing   0.3%   12/31/2013   2,985,229   1,784,784   1,200,445           3,167,128   3,176,643   1,921,391   1,255,252   127,066
Property   1.15   Hampton Inn Naperville   0.3%   12/31/2013   3,004,217   2,010,965   993,252           3,421,514   3,472,035   2,343,387   1,128,648   138,881
Property   1.16   Hilton Garden Inn Rio Rancho   0.3%   12/31/2013   2,843,844   1,950,114   893,730           3,094,105   3,295,587   2,307,529   988,058   131,823
Property   1.17   Courtyard Dalton   0.2%   12/31/2013   2,219,835   1,469,140   750,696           2,259,460   2,476,550   1,715,951   760,599   99,062
Property   1.18   Hampton Inn Alcoa   0.2%   12/31/2013   2,582,379   1,825,293   757,087           2,544,861   2,600,086   1,972,560   627,526   104,003
Property   1.19   Homewood Suites Augusta   0.2%   12/31/2013   2,175,403   1,502,680   672,724           2,377,125   2,411,258   1,631,000   780,258   96,450
Property   1.20   Residence Inn Jacksonville   0.2%   12/31/2013   1,978,909   1,466,475   512,435           2,262,669   2,321,387   1,623,719   697,668   92,855
Property   1.21   Hampton Inn Milford   0.1%   12/31/2013   2,977,267   2,458,167   519,099           3,118,384   3,146,836   2,744,487   402,349   125,873
Loan   2   32 Avenue of the Americas (33)(36)   7.3%   12/31/2013   63,975,291   21,551,233   42,424,058   9.8%   9.2%   60,250,530   64,113,840   22,373,187   41,740,653   232,610
Loan   3   11 Madison Avenue (33)(34)(35)   7.2%   12/31/2013   69,947,780   22,896,733   47,051,047   14.3%   14.1%   154,647,005   163,039,756   53,546,158   109,493,598   457,009
Loan   4   1209 DeKalb (35)(36)   4.8%                   7.1%   7.1%   4,111,434   4,060,279   783,617   3,276,662   25,400
Loan   5   Good Samaritan Medical Tower (36)   4.4%   12/31/2013   5,062,069   1,423,760   3,638,309   9.7%   9.0%   5,321,396   5,747,318   1,590,546   4,156,772   36,589
Loan   6   Harvey Building Products Portfolio (33)   4.4%                   12.8%   12.5%   14,947,405   14,531,091   435,933   14,095,158   411,326
Property   6.01   Londonderry Manufacturing   0.8%                           2,900,183   2,797,302   83,919   2,713,383   56,444
Property   6.02   Waltham Corporate   0.4%                           1,675,520   1,599,127   47,974   1,551,153   14,688
Property   6.03   Dartmouth Manufacturing   0.4%                           1,293,815   1,279,735   38,392   1,241,343   58,810
Property   6.04   Nashua   0.2%                           688,017   666,779   20,003   646,775   16,739
Property   6.05   West Bridgewater   0.2%                           574,749   566,988   17,010   549,978   24,533
Property   6.06   Woburn   0.2%                           538,707   520,471   15,614   504,857   11,408
Property   6.07   Manchester, NH   0.2%                           523,103   515,797   15,474   500,323   22,072
Property   6.08   New London   0.1%                           479,719   463,893   13,917   449,977   10,596
Property   6.09   East Haven   0.1%                           456,652   441,991   13,260   428,731   10,513
Property   6.10   Salem   0.1%                           397,081   393,882   11,816   382,065   19,234
Property   6.11   Bethlehem   0.1%                           398,574   394,584   11,838   382,746   18,484
Property   6.12   Lincoln   0.1%                           429,234   425,842   12,775   413,067   20,862
Property   6.13   Berlin   0.1%                           430,983   419,361   12,581   406,780   12,263
Property   6.14   Woburn CPD   0.1%                           460,460   449,791   13,494   436,298   14,950
Property   6.15   Norwalk   0.1%                           398,297   382,543   11,476   371,067   6,035
Property   6.16   Dartmouth   0.1%                           353,104   343,034   10,291   332,743   9,468
Property   6.17   Braintree   0.1%                           268,381   261,921   7,858   254,064   8,458
Property   6.18   Manchester, CT   0.1%                           293,812   289,145   8,674   280,471   11,802
Property   6.19   Portland   0.1%                           281,254   273,386   8,202   265,184   7,703
Property   6.20   Norwalk   0.1%                           319,440   306,484   9,195   297,289   4,500
Property   6.21   Warwick   0.1%                           254,241   248,847   7,465   241,382   8,780
Property   6.22   Fitchburg   0.1%                           216,882   210,791   6,324   204,467   5,915
Property   6.23   Auburn   0.1%                           210,357   204,291   6,129   198,163   5,570
Property   6.24   Portsmouth   0.1%                           203,621   197,115   5,913   191,201   4,721
Property   6.25   Southampton   0.0%                           170,268   166,261   4,988   161,274   5,463
Property   6.26   Hyannis   0.0%                           157,386   152,321   4,570   147,751   3,611
Property   6.27   Wilkes-Barre   0.0%                           171,985   167,287   5,019   162,268   4,830
Property   6.28   Berlin CPD   0.0%                           138,686   135,209   4,056   131,153   4,224
Property   6.29   Springfield   0.0%                           153,350   151,321   4,540   146,782   6,590
Property   6.30   White River Junction   0.0%                           109,545   105,591   3,168   102,423   2,060
Loan   7   Beach House Hilton Head (36)   4.2%   12/31/2013   9,595,781   6,112,423   3,483,358   11.3%   10.1%   7,904,244   12,599,845   8,066,820   4,533,024   504,006
Loan   8   Whitehall Hotel   3.7%   12/31/2013   9,676,912   7,140,262   2,536,649   11.7%   10.6%   9,723,680   10,335,152   6,115,924   4,219,228   413,406
Loan   9   611 Cowper   3.4%                   10.1%   9.6%   3,472,140   4,308,094   991,468   3,316,626   6,000
Loan   10   Springfield Mall (33)   3.4%   12/31/2013   12,758,515   5,575,147   7,183,368   11.1%   10.7%   7,014,409   12,822,044   5,621,685   7,200,359   44,636
Loan   11   Laguna Niguel Town Center   2.8%   12/31/2013   2,999,446   686,098   2,313,348   8.8%   8.4%   2,580,048   3,150,431   834,862   2,315,569   19,631
Loan   12   Hacienda Gardens   2.5%   12/31/2013   1,171,364   613,087   558,276   8.6%   8.3%   2,698,601   3,066,348   1,000,213   2,066,134   22,120
Loan   13   Washington Plaza   2.4%   12/31/2013   2,343,077   656,353   1,686,724   8.0%   7.7%   2,163,483   2,613,118   785,627   1,827,491   20,702
Loan   14   Carrollwood Station   2.2%   12/31/2013   3,147,292   1,553,187   1,594,105   8.6%   8.3%   3,317,232   3,400,213   1,540,749   1,859,464   84,000
Loan   15   Murrieta Spectrum   2.1%   12/31/2013   2,342,893   845,588   1,497,305   8.9%   8.4%   2,503,706   2,747,661   904,993   1,842,668   34,505
Loan   16   Westin Lake Mary   2.1%   12/31/2013   6,487,583   4,641,507   1,846,076   11.9%   10.3%   7,293,566   8,016,808   5,636,525   2,380,283   320,672

 

A-1-13
 

 

                                                         
COMM 2015-LC23                                          
                                                         
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                                
                                                         
            % of   Third Most   Third   Third   Third                            
Property           Initial Pool   Recent Operating   Most Recent   Most Recent   Most Recent   Underwritten NOI   Underwritten NCF    Underwritten    Underwritten    Underwritten    Underwritten    Underwritten
Flag   ID   Property Name   Balance   Statements Date   EGI($)   Expenses($)   NOI($)   Debt Yield (11)(12)   Debt Yield (11)(12)    Revenue($)    EGI($)    Expenses($)    NOI ($)    Reserves($)
Loan   17   Lake Creek Festival   2.1%   12/31/2013   3,554,318   1,087,024   2,467,294   11.2%   10.0%   2,583,585   3,287,826   1,071,085   2,216,741   57,091
Loan   18   Wedgewood Building   2.0%                   8.5%   8.0%   2,363,951   2,349,679   740,267   1,609,412   13,200
Loan   19   Kenhorst Plaza   1.9%   12/31/2013   2,083,105   700,186   1,382,919   8.7%   8.2%   1,826,859   2,415,120   826,861   1,588,259   30,671
Loan   20   Addison Town Center   1.7%   12/31/2013   2,499,694   814,118   1,685,576   9.8%   8.9%   2,265,759   2,453,890   862,124   1,591,766   27,941
Loan   21   A&H Olympic   1.5%   12/31/2012   2,061,989   615,548   1,446,441   10.4%   9.7%   2,198,496   2,103,475   624,665   1,478,811   22,097
Loan   22   Brentwood Retail Center (35)   1.4%   12/31/2013   1,049,210   204,473   844,737   8.2%   8.0%   1,160,430   1,414,525   328,544   1,085,981   1,577
Loan   23   A&H Maple Avenue   1.4%   12/31/2012   2,061,049   273,765   1,787,284   13.5%   13.2%   2,166,838   2,063,193   314,530   1,748,663   4,788
Loan   24   BJs Montgomeryville   1.2%                   8.3%   8.3%   1,055,808   1,013,576   20,272   993,304    
Loan   25   Colerain Center   1.2%   12/31/2013   1,263,356   293,615   969,742   9.2%   8.5%   1,154,040   1,617,633   553,408   1,064,224   16,921
Loan   26   Whitewater Place   1.2%                   9.5%   9.4%   1,612,920   1,618,337   521,434   1,096,903   22,250
Loan   27   Brown Street Centre   1.2%   12/31/2013   1,847,730   655,591   1,192,139   11.1%   9.9%   1,870,666   1,932,188   676,879   1,255,309   10,457
Loan   28   Biltmore Parks Apartments   1.1%   12/31/2013   2,165,483   1,169,660   995,823   9.7%   9.0%   2,466,276   2,421,907   1,350,767   1,071,140   85,449
Loan   29   Ortega Village - Retail   1.1%   12/31/2013   1,141,656   379,269   762,387   8.2%   8.1%   887,477   1,279,830   407,895   871,935   14,495
Loan   30   Landings Shops and Offices   0.9%   12/31/2013   1,634,622   562,063   1,072,559   9.4%   8.4%   1,521,384   1,380,688   541,682   839,006   20,692
Property   30.01   Landings Shops and Offices   0.5%   12/31/2013   831,583   328,281   503,302           952,084   754,660   323,454   431,207   14,213
Property   30.02   Progressive Properties   0.3%   12/31/2013   319,109   100,229   218,881           242,000   315,093   94,761   220,331   2,477
Property   30.03   Kopf Offices   0.2%   12/31/2013   483,930   133,553   350,376           327,300   310,935   123,467   187,468   4,002
Loan   31   Terraces on Second   0.9%                   8.0%   7.8%   1,047,360   1,073,992   390,273   683,719   11,000
Loan   32   75 Executive Drive (36)   0.9%   12/31/2013   1,011,544   655,987   355,557   9.8%   8.9%   1,663,222   1,487,040   688,424   798,615   21,417
Loan   33   Best Buy Boca Raton   0.8%                   8.8%   8.5%   714,180   678,471   13,569   664,902   5,800
Loan   34   Somerset Apartments   0.8%   12/31/2013   1,477,806   820,464   657,342   8.9%   8.3%   1,686,204   1,586,590   917,722   668,868   49,728
Loan   35   Walgreens VA Beach   0.8%                   8.5%   8.5%   645,000   687,629   61,982   625,647   1,420
Loan   36   Holiday Inn Express & Suites Rockport   0.8%   12/31/2013   2,044,801   1,142,307   902,494   13.7%   12.5%   2,279,978   2,302,052   1,295,362   1,006,690   92,082
Loan   37   Commons at Pembroke   0.7%   12/31/2013   1,431,490   861,185   570,305   9.2%   8.5%   1,710,444   1,590,611   926,347   664,265   50,400
Loan   38   Monument Creek (36)   0.7%   12/31/2013   702,510   196,148   506,362   8.4%   8.3%   768,660   751,976   196,123   555,853   6,850
Loan   39   High Country Plaza   0.7%   12/31/2013   727,609   186,917   540,692   8.4%   7.9%   583,809   778,228   232,169   546,060   5,225
Loan   40   Williamsburg Center   0.7%   12/31/2013   1,294,972   406,844   888,128   13.2%   11.8%   1,386,164   1,230,712   390,578   840,134   24,205
Property   40.01   1734 Corporate Crossing   0.2%   12/31/2013   196,400   70,280   126,121           236,257   227,921   67,817   160,104   2,904
Property   40.02   1728 Corporate Crossing   0.2%   12/31/2013   185,901   47,230   138,671           189,435   168,597   46,043   122,554   2,904
Property   40.03   1722 Corporate Crossing   0.1%   12/31/2013   151,607   52,494   99,113           177,665   161,914   49,388   112,526   2,904
Property   40.04   1035 East Gate Drive   0.1%   12/31/2013   255,500   56,227   199,273           244,090   217,240   50,877   166,363   3,066
Property   40.05   735 Seibert Road   0.1%   12/31/2013   177,617   70,507   107,110           178,217   163,706   68,984   94,722   4,151
Property   40.06   703 Seibert Road   0.0%   12/31/2013   178,400   50,224   128,176           175,340   119,612   48,682   70,930   4,133
Property   40.07   723 Seibert Road   0.0%   12/31/2013   149,547   59,881   89,666           185,160   171,721   58,787   112,934   4,144
Loan   41   Shops at Cardiff Ranch   0.7%                   10.3%   9.9%   700,125   870,629   216,326   654,302   6,063
Loan   42   Cobblestone Court II   0.5%   12/31/2013   839,417   286,784   552,633   8.8%   8.4%   863,484   833,780   375,766   458,013   20,640
Loan   43   Hampton Inn & Suites – Portland   0.5%   12/31/2013   1,722,730   992,130   730,600   18.4%   16.7%   2,133,092   2,160,732   1,241,134   919,598   86,429
Loan   44   40 Wall Street (33)   0.5%   12/31/2013   32,979,857   18,225,522   14,754,335   14.2%   13.1%   41,999,727   43,165,470   20,600,765   22,564,706   291,302
Loan   45   Palisades of Bridgeport   0.5%   12/31/2013   767,530   375,638   391,892   9.6%   8.8%   896,085   854,711   415,274   439,437   33,483
Loan   46   Walgreens Frisco TX   0.4%   12/31/2013   364,000   15,463   348,537   9.1%   9.1%   364,000   364,000       364,000    
Loan   47   Walgreens-Goodwill Missouri TX   0.4%                   9.3%   9.3%   369,000   369,000       369,000    
Loan   48   Warsaw Village   0.4%   12/31/2013   440,613   88,611   352,001   10.0%   8.8%   418,930   446,846   88,030   358,816   12,020
Loan   49   Walton Shoppes   0.4%                   10.6%   9.6%   551,075   527,321   156,748   370,573   3,407
Loan   50   Ortega Village- Pads   0.4%   12/31/2013   404,402   137,883   266,519   8.3%   8.1%   484,124   441,454   150,307   291,147   6,806
Loan   51   691 14th Street Retail   0.4%                   10.0%   9.6%   370,938   445,905   96,489   349,415   2,171
Loan   52   Monte & Wishing Well   0.3%   12/31/2013   568,212   253,373   314,839   10.9%   10.7%   481,320   619,220   258,993   360,227   5,550
Property   52.01   Monte Carlo MHC   0.2%   12/31/2013   345,150   149,704   195,446           289,440   374,466   150,072   224,394   3,500
Property   52.02   Wishing Well MHP   0.1%   12/31/2013   223,062   103,669   119,393           191,880   244,754   108,921   135,833   2,050
Loan   53   Ferndale Avenue Shoppes   0.3%                   11.4%   10.4%   425,468   474,922   130,358   344,564   2,583
Loan   54   Courtyard Self Storage   0.3%   12/31/2013   448,502   155,082   293,420   10.4%   10.2%   472,187   476,179   164,238   311,940   5,328
Loan   55   Bayonne MHP   0.3%   12/31/2013   728,965   408,851   320,115   10.7%   10.4%   809,556   728,601   409,454   319,147   6,250
Loan   56   Best Western Cleveland Airport   0.3%   12/31/2013   1,184,037   848,238   335,799   14.1%   12.4%   1,305,463   1,320,127   897,481   422,646   52,805
Loan   57   Eureka Crossings   0.2%   12/31/2013   403,934   180,993   222,941   12.4%   11.0%   359,931   464,841   174,800   290,040   3,785
Loan   58   Family Dollar - Rose Hill (36)   0.1%                   8.7%   8.6%   93,039   89,573   2,687   86,886   1,248
Loan   59   Family Dollar - Moultrie (36)   0.1%                   8.6%   8.4%   85,486   82,385   3,022   79,364   1,235
Loan   60   Family Dollar - Biscoe (36)   0.1%                   8.7%   8.6%   79,670   76,872   2,306   74,566   1,248
Loan   61   Family Dollar - Rockingham (36)   0.1%                   8.7%   8.5%   75,822   73,216   2,196   71,020   1,248
Loan   62   Dollar General - De Soto (36)   0.1%                   10.1%   9.9%   75,678   73,191   2,196   70,995   1,365

 

A-1-14
 

 

COMM 2015-LC23                          
                                         
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                
                                         
            % of                            
Property           Initial Pool   Underwritten   Underwritten   Ownership   Ground Lease   Ground Lease        
Flag   ID   Property Name   Balance   TI/LC($)   NCF($)   Interest    Expiration (18)    Extension Terms (18)   Largest Tenant (19)(20)(21)(22)(23)(24)(25)   SF  
Loan   1   Equity Inns Portfolio (33)   8.3%       27,397,249   Fee Simple                
Property   1.01   Homewood Suites Seattle   1.5%       4,574,467   Fee Simple           NAP   NAP
Property   1.02   Homewood Suites Orlando   0.7%       1,912,755   Fee Simple           NAP   NAP
Property   1.03   Courtyard Carlsbad   0.5%       1,609,353   Fee Simple           NAP   NAP
Property   1.04   Courtyard Houston   0.5%       1,660,007   Fee Simple           NAP   NAP
Property   1.05   Homewood Suites Stratford   0.4%       1,218,101   Fee Simple           NAP   NAP
Property   1.06   Hampton Inn Urbana   0.4%       1,592,692   Fee Simple           NAP   NAP
Property   1.07   Springhill Suites Asheville   0.4%       1,393,398   Fee Simple           NAP   NAP
Property   1.08   Hilton Garden Inn Louisville   0.4%       1,440,820   Fee Simple           NAP   NAP
Property   1.09   Hampton Inn Orlando   0.4%       1,335,296   Fee Simple           NAP   NAP
Property   1.10   Hampton Inn Austin   0.4%       1,349,235   Fee Simple           NAP   NAP
Property   1.11   Hampton Inn College Station   0.4%       1,430,623   Fee Simple           NAP   NAP
Property   1.12   Hampton Inn Indianapolis   0.3%       1,127,456   Fee Simple           NAP   NAP
Property   1.13   TownePlace Suites Savannah   0.3%       1,028,701   Fee Simple           NAP   NAP
Property   1.14   Hampton Inn East Lansing   0.3%       1,128,186   Fee Simple           NAP   NAP
Property   1.15   Hampton Inn Naperville   0.3%       989,767   Fee Simple           NAP   NAP
Property   1.16   Hilton Garden Inn Rio Rancho   0.3%       856,235   Fee Simple           NAP   NAP
Property   1.17   Courtyard Dalton   0.2%       661,537   Fee Simple           NAP   NAP
Property   1.18   Hampton Inn Alcoa   0.2%       523,523   Fee Simple           NAP   NAP
Property   1.19   Homewood Suites Augusta   0.2%       683,808   Fee Simple           NAP   NAP
Property   1.20   Residence Inn Jacksonville   0.2%       604,813   Fee Simple           NAP   NAP
Property   1.21   Hampton Inn Milford   0.1%       276,475   Fee Simple           NAP   NAP
Loan   2   32 Avenue of the Americas (33)(36)   7.3%   2,274,094   39,233,948   Fee Simple           AMFM Operating, Inc.   169,304
Loan   3   11 Madison Avenue (33)(34)(35)   7.2%   1,605,307   107,431,283   Fee Simple/Leasehold   12/31/2016   None   Credit Suisse   1,266,051
Loan   4   1209 DeKalb (35)(36)   4.8%       3,251,262   Fee Simple           NAP   NAP
Loan   5   Good Samaritan Medical Tower (36)   4.4%   263,437   3,856,746   Fee Simple           University of Southern California   14,605
Loan   6   Harvey Building Products Portfolio (33)   4.4%       13,683,832   Fee Simple                
Property   6.01   Londonderry Manufacturing   0.8%       2,656,939   Fee Simple           Harvey Industries, Inc.   376,294
Property   6.02   Waltham Corporate   0.4%       1,536,465   Fee Simple           Harvey Industries, Inc.   54,400
Property   6.03   Dartmouth Manufacturing   0.4%       1,182,533   Fee Simple           Harvey Industries, Inc.   235,239
Property   6.04   Nashua   0.2%       630,036   Fee Simple           Harvey Industries, Inc.   111,594
Property   6.05   West Bridgewater   0.2%       525,446   Fee Simple           Harvey Industries, Inc.   81,776
Property   6.06   Woburn   0.2%       493,449   Fee Simple           Harvey Industries, Inc.   76,054
Property   6.07   Manchester, NH   0.2%       478,251   Fee Simple           Harvey Industries, Inc.   81,747
Property   6.08   New London   0.1%       439,380   Fee Simple           Harvey Industries, Inc.   70,642
Property   6.09   East Haven   0.1%       418,218   Fee Simple           Harvey Industries, Inc.   70,089
Property   6.10   Salem   0.1%       362,831   Fee Simple           Harvey Industries, Inc.   58,286
Property   6.11   Bethlehem   0.1%       364,262   Fee Simple           Harvey Industries, Inc.   71,091
Property   6.12   Lincoln   0.1%       392,205   Fee Simple           Harvey Industries, Inc.   80,240
Property   6.13   Berlin   0.1%       394,517   Fee Simple           Harvey Industries, Inc.   43,796
Property   6.14   Woburn CPD   0.1%       421,348   Fee Simple           Harvey Industries, Inc.   59,800
Property   6.15   Norwalk   0.1%       365,032   Fee Simple           Harvey Industries, Inc.   40,232
Property   6.16   Dartmouth   0.1%       323,275   Fee Simple           Harvey Industries, Inc.   63,117
Property   6.17   Braintree   0.1%       245,606   Fee Simple           Harvey Industries, Inc.   32,531
Property   6.18   Manchester, CT   0.1%       268,669   Fee Simple           Harvey Industries, Inc.   49,175
Property   6.19   Portland   0.1%       257,481   Fee Simple           Harvey Industries, Inc.   48,145
Property   6.20   Norwalk   0.1%       292,789   Fee Simple           Harvey Industries, Inc.   30,000
Property   6.21   Warwick   0.1%       232,602   Fee Simple           Harvey Industries, Inc.   43,899
Property   6.22   Fitchburg   0.1%       198,552   Fee Simple           Harvey Industries, Inc.   39,433
Property   6.23   Auburn   0.1%       192,593   Fee Simple           Harvey Industries, Inc.   37,132
Property   6.24   Portsmouth   0.1%       186,481   Fee Simple           Harvey Industries, Inc.   31,470
Property   6.25   Southampton   0.0%       155,810   Fee Simple           Harvey Industries, Inc.   36,421
Property   6.26   Hyannis   0.0%       144,141   Fee Simple           Harvey Industries, Inc.   24,070
Property   6.27   Wilkes-Barre   0.0%       157,438   Fee Simple           Harvey Industries, Inc.   32,200
Property   6.28   Berlin CPD   0.0%       126,928   Fee Simple           Harvey Industries, Inc.   28,163
Property   6.29   Springfield   0.0%       140,192   Fee Simple           Harvey Industries, Inc.   25,347
Property   6.30   White River Junction   0.0%       100,363   Fee Simple           Harvey Industries, Inc.   13,736
Loan   7   Beach House Hilton Head (36)   4.2%       4,029,018   Fee Simple           NAP   NAP
Loan   8   Whitehall Hotel   3.7%       3,805,822   Fee Simple           NAP   NAP
Loan   9   611 Cowper   3.4%   148,230   3,162,396   Fee Simple           A9.com   30,000
Loan   10   Springfield Mall (33)   3.4%   223,180   6,932,543   Fee Simple           Ulta   10,287
Loan   11   Laguna Niguel Town Center   2.8%   74,456   2,221,482   Fee Simple           Denault’s Hardware   15,000
Loan   12   Hacienda Gardens   2.5%   52,249   1,991,766   Fee Simple           Fitness Evolution Health Club   31,278
Loan   13   Washington Plaza   2.4%   48,304   1,758,485   Fee Simple           Rite Aid - Store   20,212
Loan   14   Carrollwood Station   2.2%       1,775,464   Fee Simple           NAP   NAP
Loan   15   Murrieta Spectrum   2.1%   86,263   1,721,900   Fee Simple           Ashleys   50,974
Loan   16   Westin Lake Mary   2.1%       2,059,611   Fee Simple           NAP   NAP

 

A-1-15
 

 

                                         
COMM 2015-LC23                          
                                         
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                
                                         
            % of                            
Property           Initial Pool   Underwritten   Underwritten   Ownership   Ground Lease   Ground Lease        
Flag   ID   Property Name   Balance   TI/LC($)   NCF($)   Interest    Expiration (18)    Extension Terms (18)   Largest Tenant (19)(20)(21)(22)(23)(24)(25)   SF  
Loan   17   Lake Creek Festival   2.1%   178,314   1,981,336   Fee Simple           Burlington Coat Factory   86,479
Loan   18   Wedgewood Building   2.0%   84,600   1,511,612   Fee Simple           Wedgewood   24,350
Loan   19   Kenhorst Plaza   1.9%   64,951   1,492,638   Fee Simple           Redner’s Warehouse Markets (Redner’s Markets, Inc.)   57,935
Loan   20   Addison Town Center   1.7%   111,221   1,452,604   Fee Simple           Kroger Food Stores   50,540
Loan   21   A&H Olympic   1.5%   72,605   1,384,108   Fee Simple           Athena Parking, Inc.   28,532
Loan   22   Brentwood Retail Center (35)   1.4%   15,767   1,068,638   Fee Simple           Rag & Bone   4,000
Loan   23   A&H Maple Avenue   1.4%   25,000   1,718,875   Fee Simple           Carlos Sandoval & Heather Olson   2,195
Loan   24   BJs Montgomeryville   1.2%       993,304   Fee Simple           BJ’s Wholesale Club, Inc.   87,984
Loan   25   Colerain Center   1.2%   55,177   992,127   Fee Simple           LA Fitness & Sports Club   30,000
Loan   26   Whitewater Place   1.2%       1,074,653   Fee Simple           NAP   NAP
Loan   27   Brown Street Centre   1.2%   123,485   1,121,367   Fee Simple           Wells Fargo   20,667
Loan   28   Biltmore Parks Apartments   1.1%       985,691   Fee Simple           NAP   NAP
Loan   29   Ortega Village - Retail   1.1%       857,440   Fee Simple           Bad to the Bone   4,161
Loan   30   Landings Shops and Offices   0.9%   66,590   751,725   Fee Simple                
Property   30.01   Landings Shops and Offices   0.5%   50,403   366,591   Fee Simple           Next Generation Child Care   10,892
Property   30.02   Progressive Properties   0.3%   12,503   205,351   Fee Simple           Cleveland Clinic   12,100
Property   30.03   Kopf Offices   0.2%   3,684   179,783   Fee Simple           Kopf Construction Corp   14,400
Loan   31   Terraces on Second   0.9%       672,719   Fee Simple           NAP   NAP
Loan   32   75 Executive Drive (36)   0.9%   52,122   725,076   Fee Simple           Aftermath, Inc.   16,267
Loan   33   Best Buy Boca Raton   0.8%   17,400   641,702   Fee Simple           Best Buy   58,000
Loan   34   Somerset Apartments   0.8%       619,140   Fee Simple           NAP   NAP
Loan   35   Walgreens VA Beach   0.8%       624,227   Fee Simple           Walgreens   14,200
Loan   36   Holiday Inn Express & Suites Rockport   0.8%       914,608   Fee Simple           NAP   NAP
Loan   37   Commons at Pembroke   0.7%       613,865   Fee Simple           NAP   NAP
Loan   38   Monument Creek (36)   0.7%       549,003   Fee Simple           NAP   NAP
Loan   39   High Country Plaza   0.7%   25,686   515,149   Fee Simple           7-Eleven   3,000
Loan   40   Williamsburg Center   0.7%   63,365   752,563   Fee Simple                
Property   40.01   1734 Corporate Crossing   0.2%   9,075   148,125   Fee Simple           Univ. of Illinois Chicago   5,441
Property   40.02   1728 Corporate Crossing   0.2%   9,075   110,575   Fee Simple           Red Cedar   8,550
Property   40.03   1722 Corporate Crossing   0.1%   9,075   100,547   Fee Simple           First Command   5,600
Property   40.04   1035 East Gate Drive   0.1%   10,950   152,347   Fee Simple           Lockheed Martin   8,080
Property   40.05   735 Seibert Road   0.1%   8,414   82,158   Fee Simple           C5T   2,632
Property   40.06   703 Seibert Road   0.0%   8,377   58,421   Fee Simple           Aegis   4,434
Property   40.07   723 Seibert Road   0.0%   8,400   100,390   Fee Simple           Paragon Technology   3,602
Loan   41   Shops at Cardiff Ranch   0.7%   23,925   624,315   Fee Simple           Brixton Pet Health   12,000
Loan   42   Cobblestone Court II   0.5%       437,373   Fee Simple           NAP   NAP
Loan   43   Hampton Inn & Suites – Portland   0.5%       833,169   Fee Simple           NAP   NAP
Loan   44   40 Wall Street (33)   0.5%   1,473,381   20,800,023   Leasehold   04/30/2059   2 Extension options.  1 - 67.5 year extension option, 1 - 80 year and 2 month extension option   Green Ivy   86,350
Loan   45   Palisades of Bridgeport   0.5%       405,954   Fee Simple           NAP   NAP
Loan   46   Walgreens Frisco TX   0.4%       364,000   Fee Simple           Walgreens   14,560
Loan   47   Walgreens-Goodwill Missouri TX   0.4%       369,000   Fee Simple           Walgreens   14,820
Loan   48   Warsaw Village   0.4%   30,050   316,746   Fee Simple           Food Lion (Store 1196)   29,000
Loan   49   Walton Shoppes   0.4%   30,912   336,253   Fee Simple           Rochester Eye Care   3,000
Loan   50   Ortega Village- Pads   0.4%       284,341   Fee Simple           Davita Renal Healthcare   8,268
Loan   51   691 14th Street Retail   0.4%   12,010   335,234   Fee Simple           Cooks & Soldiers   4,625
Loan   52   Monte & Wishing Well   0.3%       354,677   Fee Simple                
Property   52.01   Monte Carlo MHC   0.2%       220,894   Fee Simple           NAP   NAP
Property   52.02   Wishing Well MHP   0.1%       133,783   Fee Simple           NAP   NAP
Loan   53   Ferndale Avenue Shoppes   0.3%   25,891   316,090   Fee Simple           Dickey’s BBQ   2,589
Loan   54   Courtyard Self Storage   0.3%       306,612   Fee Simple           NAP   NAP
Loan   55   Bayonne MHP   0.3%       312,897   Fee Simple           NAP   NAP
Loan   56   Best Western Cleveland Airport   0.3%       369,841   Fee Simple           NAP   NAP
Loan   57   Eureka Crossings   0.2%   27,223   259,032   Fee Simple           Woodward Detroit CVS, LLC   10,590
Loan   58   Family Dollar - Rose Hill (36)   0.1%       85,638   Fee Simple           Rose Hill, NC   8,320
Loan   59   Family Dollar - Moultrie (36)   0.1%       78,129   Fee Simple           Moultrie, GA   8,233
Loan   60   Family Dollar - Biscoe (36)   0.1%       73,318   Fee Simple           Biscoe, NC   8,320
Loan   61   Family Dollar - Rockingham (36)   0.1%       69,772   Fee Simple           Rockingham, NC   8,320
Loan   62   Dollar General - De Soto (36)   0.1%       69,630   Fee Simple           De Soto, IA   9,100

 

A-1-16
 

 

COMM 2015-LC23                                  
                                                 
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                        
                                                 
            % of                                    
Property           Initial Pool   Lease           Lease           Lease        
Flag   ID   Property Name   Balance   Expiration   2nd Largest Tenant (20)(21)(24)(25)   SF   Expiration   3rd Largest Tenant (19)(20)(21)(23)(24)(25)   SF   Expiration   4th Largest Tenant (19)(21)(23)(24)   SF
Loan   1   Equity Inns Portfolio (33)   8.3%                                    
Property   1.01   Homewood Suites Seattle   1.5%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.02   Homewood Suites Orlando   0.7%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.03   Courtyard Carlsbad   0.5%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.04   Courtyard Houston   0.5%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.05   Homewood Suites Stratford   0.4%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.06   Hampton Inn Urbana   0.4%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.07   Springhill Suites Asheville   0.4%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.08   Hilton Garden Inn Louisville   0.4%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.09   Hampton Inn Orlando   0.4%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.10   Hampton Inn Austin   0.4%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.11   Hampton Inn College Station   0.4%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.12   Hampton Inn Indianapolis   0.3%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.13   TownePlace Suites Savannah   0.3%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.14   Hampton Inn East Lansing   0.3%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.15   Hampton Inn Naperville   0.3%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.16   Hilton Garden Inn Rio Rancho   0.3%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.17   Courtyard Dalton   0.2%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.18   Hampton Inn Alcoa   0.2%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.19   Homewood Suites Augusta   0.2%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.20   Residence Inn Jacksonville   0.2%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   1.21   Hampton Inn Milford   0.1%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   2   32 Avenue of the Americas (33)(36)   7.3%   09/30/2022   Dentsu Holdings USA, Inc.   168,891   09/30/2021   Centurylink Communications, LLC   165,034   08/31/2020   Telx   79,243
Loan   3   11 Madison Avenue (33)(34)(35)   7.2%   05/31/2037   Sony   578,791   01/31/2031   Yelp   152,232   04/30/2025   WME   103,426
Loan   4   1209 DeKalb (35)(36)   4.8%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   5   Good Samaritan Medical Tower (36)   4.4%   02/28/2023   United Imaging, LLC   8,824   01/31/2021   Samaritan Tower Surgery Center, LLC   7,847   09/30/2026   Retina Vitreous Associates   6,404
Loan   6   Harvey Building Products Portfolio (33)   4.4%                                    
Property   6.01   Londonderry Manufacturing   0.8%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.02   Waltham Corporate   0.4%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.03   Dartmouth Manufacturing   0.4%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.04   Nashua   0.2%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.05   West Bridgewater   0.2%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.06   Woburn   0.2%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.07   Manchester, NH   0.2%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.08   New London   0.1%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.09   East Haven   0.1%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.10   Salem   0.1%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.11   Bethlehem   0.1%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.12   Lincoln   0.1%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.13   Berlin   0.1%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.14   Woburn CPD   0.1%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.15   Norwalk   0.1%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.16   Dartmouth   0.1%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.17   Braintree   0.1%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.18   Manchester, CT   0.1%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.19   Portland   0.1%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.20   Norwalk   0.1%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.21   Warwick   0.1%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.22   Fitchburg   0.1%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.23   Auburn   0.1%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.24   Portsmouth   0.1%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.25   Southampton   0.0%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.26   Hyannis   0.0%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.27   Wilkes-Barre   0.0%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.28   Berlin CPD   0.0%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.29   Springfield   0.0%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   6.30   White River Junction   0.0%   10/31/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   7   Beach House Hilton Head (36)   4.2%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   8   Whitehall Hotel   3.7%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   9   611 Cowper   3.4%   10/31/2025   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   10   Springfield Mall (33)   3.4%   10/31/2022   American Eagle Outfitters   8,284   08/31/2024   The Gap/Gap Kids   8,035   01/31/2019   Express   7,530
Loan   11   Laguna Niguel Town Center   2.8%   10/31/2018   Walgreens   12,904   11/30/2027   U.S. Bank   8,500   07/31/2021   So Cal Dental Partner   6,432
Loan   12   Hacienda Gardens   2.5%   07/31/2025   Rite Aid   17,340   2/28/2033   Hometown Buffet, Inc.   9,600   12/31/2034   Dollar Tree Stores, Inc.   9,100
Loan   13   Washington Plaza   2.4%   05/31/2025   99 Cents Only Stores Inc.   19,782   1/31/2022   Da Vita Inc.   7,440   4/30/2019   Wenceslao Lopez dba Urban Design   5,750
Loan   14   Carrollwood Station   2.2%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   15   Murrieta Spectrum   2.1%   10/01/2022   Savers   26,194   9/1/2022   Automobile Club of SC   9,870   07/31/2016   Sleep Train   6,688
Loan   16   Westin Lake Mary   2.1%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP

 

A-1-17
 

 

                                                 
COMM 2015-LC23                                  
                                                 
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                        
                                                 
            % of                                    
Property           Initial Pool   Lease           Lease           Lease        
Flag   ID   Property Name   Balance   Expiration   2nd Largest Tenant (20)(21)(24)(25)   SF   Expiration   3rd Largest Tenant (19)(20)(21)(23)(24)(25)   SF   Expiration   4th Largest Tenant (19)(21)(23)(24)   SF
Loan   17   Lake Creek Festival   2.1%   11/30/2020   Hobby Lobby   57,454   05/31/2018   Pinballz Arcade   33,900   01/31/2026   Southwest Theaters   29,100
Loan   18   Wedgewood Building   2.0%   06/30/2030   T-Mobile   14,203   8/13/2022   Maxim Properties   11,335   6/30/2030   Greenhedge Escrow   6,297
Loan   19   Kenhorst Plaza   1.9%   04/30/2030   Retro Fitness   21,440   02/28/2026   Dollar Tree (Dollar Tree Stores, Inc.)   11,251   01/31/2024   US Postal Service   10,460
Loan   20   Addison Town Center   1.7%   05/31/2019   Office Depot   21,067   10/31/2016   Crunch Fitness   19,920   3/31/2025   PetSmart   19,551
Loan   21   A&H Olympic   1.5%   02/29/2016   Yong Nam Kim   4,705   12/31/2016   Bahram Messian   3,910   06/30/2016   This is Ground LLC   3,348
Loan   22   Brentwood Retail Center (35)   1.4%   10/31/2023   E*Trade   3,944   02/28/2017   Starbucks   1,817   8/31/2019   Pinkberry   750
Loan   23   A&H Maple Avenue   1.4%   02/28/2019   Navid Javidzad   2,000   03/31/2016   Aurea Castro   1,400   05/31/2017   Ali Liaquat   1,400
Loan   24   BJs Montgomeryville   1.2%   08/13/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   25   Colerain Center   1.2%   01/31/2019   Aldi’s Grocery   17,494   04/30/2024   Shoe Carnival   12,000   07/31/2025   Jack’s Pets   6,000
Loan   26   Whitewater Place   1.2%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   27   Brown Street Centre   1.2%   03/31/2019   Moffet, Vitu, et al   8,148   03/31/2017   Berry Moorman   5,474   07/31/2016   Jacobson Brothers   5,157
Loan   28   Biltmore Parks Apartments   1.1%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   29   Ortega Village - Retail   1.1%   12/31/2021   Ortega Tack And Feed   3,953   04/30/2016   S&R Market   3,888   01/31/2019   Ball Park Pizza   3,507
Loan   30   Landings Shops and Offices   0.9%                                    
Property   30.01   Landings Shops and Offices   0.5%   03/31/2018   St. John & West Shore Hospital   5,400   4/30/2020   Tai Chee Kung, Inc.   4,100   5/31/2019   Jose Jesus Jimenez   4,080
Property   30.02   Progressive Properties   0.3%   12/31/2019   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   30.03   Kopf Offices   0.2%   12/31/2015   Emerge, Inc.   3,057   5/31/2018   VIP Property Management   1,600   12/31/2015   NAP   NAP
Loan   31   Terraces on Second   0.9%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   32   75 Executive Drive (36)   0.9%   09/30/2017   Aceyus, Corp.   11,637   11/30/2022   K-Rise Systems, Inc.   3,789   05/31/2019   Envoy Aerospace, LLC   3,455
Loan   33   Best Buy Boca Raton   0.8%   05/24/2025   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   34   Somerset Apartments   0.8%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   35   Walgreens VA Beach   0.8%   03/30/2035   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   36   Holiday Inn Express & Suites Rockport   0.8%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   37   Commons at Pembroke   0.7%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   38   Monument Creek (36)   0.7%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   39   High Country Plaza   0.7%   09/30/2017   Kelly’s Pub   2,700   09/30/2021   Cuts N Games   1,800   MTM   Domino’s Pizza   1,650
Loan   40   Williamsburg Center   0.7%                                    
Property   40.01   1734 Corporate Crossing   0.2%   10/31/2016   GSA   4,599   9/23/2022   NAP   NAP   NAP   NAP   NAP
Property   40.02   1728 Corporate Crossing   0.2%   10/31/2018   Harris Corp   3,550   9/30/2019   NAP   NAP   NAP   NAP   NAP
Property   40.03   1722 Corporate Crossing   0.1%   04/30/2018   American Automotive   2,481   5/31/2016   Vets   1,983   12/31/2015   Office Centers   1,236
Property   40.04   1035 East Gate Drive   0.1%   06/30/2019   Tricor   6,520   4/30/2020   NAP   NAP   NAP   NAP   NAP
Property   40.05   735 Seibert Road   0.1%   04/30/2018   LMI   2,481   3/31/2016   Techguard   2,220   1/31/2017   Tricor   1,632
Property   40.06   703 Seibert Road   0.0%   08/31/2020   Veterans United   2,000   5/31/2020   Dr. Jill Kinsella   1,252   2/28/2017   NAP   NAP
Property   40.07   723 Seibert Road   0.0%   08/31/2016   Asynchrony   3,049   9/30/2016   CDM Technologies   2,049   12/31/2015   Indrasoft   1,200
Loan   41   Shops at Cardiff Ranch   0.7%   04/30/2030   Tiny Teeth of Katy   2,800   6/30/2025   Z Zone Fitness Studio   1,750   3/31/2020   Reese Chiropractic   1,400
Loan   42   Cobblestone Court II   0.5%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   43   Hampton Inn & Suites – Portland   0.5%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   44   40 Wall Street (33)   0.5%   11/30/2061   Countrywide Insurance Company   82,302   08/31/2021   Duane Reade   77,810   03/31/2028   Haks Engineering & Land Surveyors   69,916
Loan   45   Palisades of Bridgeport   0.5%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   46   Walgreens Frisco TX   0.4%   04/16/2029   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   47   Walgreens-Goodwill Missouri TX   0.4%   07/15/2030   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   48   Warsaw Village   0.4%   12/01/2017   Rite Aid of Virginia Inc.   9,600   1/31/2017   Mincheng Zheng   7,150   5/31/2025   U.S. Renal Care Inc. (DCA of Warsaw)   7,000
Loan   49   Walton Shoppes   0.4%   12/31/2018   KLG Retail (d/b/a Lole)   2,500   10/01/2019   LaVida Massage   2,500   04/22/2019   Jake’s Wayback Burgers   2,000
Loan   50   Ortega Village- Pads   0.4%   02/29/2024   Capistrano Dance Academy   2,683   08/31/2016   Ortega Therapy Day Spa   2,584   06/30/2018   N.R. Amiri D.D.S. Inc.,   1,523
Loan   51   691 14th Street Retail   0.4%   10/31/2024   Southern Institute of Aesthetics PC   2,250   4/30/2025   Revelator Coffee   1,725   5/30/2020   Kane Boutique   1,200
Loan   52   Monte & Wishing Well   0.3%                                    
Property   52.01   Monte Carlo MHC   0.2%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Property   52.02   Wishing Well MHP   0.1%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   53   Ferndale Avenue Shoppes   0.3%   10/04/2024   The Rocket, LLC   2,588   12/06/2019   LaVida Massage   2,500   05/19/2019   Jimmy John’s   1,780
Loan   54   Courtyard Self Storage   0.3%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   55   Bayonne MHP   0.3%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   56   Best Western Cleveland Airport   0.3%   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   57   Eureka Crossings   0.2%   07/31/2021   Weight Watchers (WW Group)   2,432   12/01/2020   Rx Optical Laboratories   2,400   10/20/2021   Angel Animal Hospital (Randhawa)   2,348
Loan   58   Family Dollar - Rose Hill (36)   0.1%   06/30/2029   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   59   Family Dollar - Moultrie (36)   0.1%   06/30/2029   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   60   Family Dollar - Biscoe (36)   0.1%   06/30/2029   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   61   Family Dollar - Rockingham (36)   0.1%   06/30/2029   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP
Loan   62   Dollar General - De Soto (36)   0.1%   07/31/2030   NAP   NAP   NAP   NAP   NAP   NAP   NAP   NAP

 

A-1-18
 

 

COMM 2015-LC23                          
                                         
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                
                                         
            % of                           Upfront
Property           Initial Pool   Lease           Lease       Occupancy   Replacement
Flag   ID   Property Name   Balance   Expiration   5th Largest Tenant (19)(21)(23)(24)(25)   SF   Expiration   Occupancy   As-of Date   Reserves($)(27)
Loan   1   Equity Inns Portfolio (33)   8.3%                   75.6%   07/31/2015    
Property   1.01   Homewood Suites Seattle   1.5%   NAP   NAP   NAP   NAP   89.0%   07/31/2015    
Property   1.02   Homewood Suites Orlando   0.7%   NAP   NAP   NAP   NAP   75.0%   07/31/2015    
Property   1.03   Courtyard Carlsbad   0.5%   NAP   NAP   NAP   NAP   73.5%   07/31/2015    
Property   1.04   Courtyard Houston   0.5%   NAP   NAP   NAP   NAP   57.2%   07/31/2015    
Property   1.05   Homewood Suites Stratford   0.4%   NAP   NAP   NAP   NAP   76.7%   07/31/2015    
Property   1.06   Hampton Inn Urbana   0.4%   NAP   NAP   NAP   NAP   70.6%   07/31/2015    
Property   1.07   Springhill Suites Asheville   0.4%   NAP   NAP   NAP   NAP   76.4%   07/31/2015    
Property   1.08   Hilton Garden Inn Louisville   0.4%   NAP   NAP   NAP   NAP   77.1%   07/31/2015    
Property   1.09   Hampton Inn Orlando   0.4%   NAP   NAP   NAP   NAP   83.1%   07/31/2015    
Property   1.10   Hampton Inn Austin   0.4%   NAP   NAP   NAP   NAP   73.7%   07/31/2015    
Property   1.11   Hampton Inn College Station   0.4%   NAP   NAP   NAP   NAP   71.4%   07/31/2015    
Property   1.12   Hampton Inn Indianapolis   0.3%   NAP   NAP   NAP   NAP   77.9%   07/31/2015    
Property   1.13   TownePlace Suites Savannah   0.3%   NAP   NAP   NAP   NAP   87.7%   07/31/2015    
Property   1.14   Hampton Inn East Lansing   0.3%   NAP   NAP   NAP   NAP   81.1%   07/31/2015    
Property   1.15   Hampton Inn Naperville   0.3%   NAP   NAP   NAP   NAP   69.3%   07/31/2015    
Property   1.16   Hilton Garden Inn Rio Rancho   0.3%   NAP   NAP   NAP   NAP   73.1%   07/31/2015    
Property   1.17   Courtyard Dalton   0.2%   NAP   NAP   NAP   NAP   74.1%   07/31/2015    
Property   1.18   Hampton Inn Alcoa   0.2%   NAP   NAP   NAP   NAP   81.4%   07/31/2015    
Property   1.19   Homewood Suites Augusta   0.2%   NAP   NAP   NAP   NAP   80.6%   07/31/2015    
Property   1.20   Residence Inn Jacksonville   0.2%   NAP   NAP   NAP   NAP   82.1%   07/31/2015    
Property   1.21   Hampton Inn Milford   0.1%   NAP   NAP   NAP   NAP   69.9%   07/31/2015    
Loan   2   32 Avenue of the Americas (33)(36)   7.3%   07/31/2033   University of Cambridge   64,256   01/31/2022   99.6%   08/12/2015    
Loan   3   11 Madison Avenue (33)(34)(35)   7.2%   09/30/2030   Young & Rubicam, Inc.   99,107   03/30/2019   97.8%   08/11/2015    
Loan   4   1209 DeKalb (35)(36)   4.8%   NAP   NAP   NAP   NAP   99.2%   09/14/2015    
Loan   5   Good Samaritan Medical Tower (36)   4.4%   03/31/2016   Boulevard Medical Properties   5,412   06/30/2018   90.4%   09/01/2015    
Loan   6   Harvey Building Products Portfolio (33)   4.4%                   100.0%   11/06/2015    
Property   6.01   Londonderry Manufacturing   0.8%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.02   Waltham Corporate   0.4%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.03   Dartmouth Manufacturing   0.4%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.04   Nashua   0.2%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.05   West Bridgewater   0.2%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.06   Woburn   0.2%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.07   Manchester, NH   0.2%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.08   New London   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.09   East Haven   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.10   Salem   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.11   Bethlehem   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.12   Lincoln   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.13   Berlin   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.14   Woburn CPD   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.15   Norwalk   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.16   Dartmouth   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.17   Braintree   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.18   Manchester, CT   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.19   Portland   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.20   Norwalk   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.21   Warwick   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.22   Fitchburg   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.23   Auburn   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.24   Portsmouth   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.25   Southampton   0.0%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.26   Hyannis   0.0%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.27   Wilkes-Barre   0.0%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.28   Berlin CPD   0.0%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.29   Springfield   0.0%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   6.30   White River Junction   0.0%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Loan   7   Beach House Hilton Head (36)   4.2%   NAP   NAP   NAP   NAP   68.4%   06/30/2015    
Loan   8   Whitehall Hotel   3.7%   NAP   NAP   NAP   NAP   78.2%   07/31/2015    
Loan   9   611 Cowper   3.4%   NAP   NAP   NAP   NAP   100.0%   11/06/2015   12,000
Loan   10   Springfield Mall (33)   3.4%   01/31/2019   Victoria’s Secret   7,000   01/31/2023   95.4%   07/31/2015    
Loan   11   Laguna Niguel Town Center   2.8%   09/30/2017   Signature Sports Bar   4,000   09/30/2019   91.4%   08/18/2015   106,000
Loan   12   Hacienda Gardens   2.5%   7/31/2019   Wells Fargo Bank, NA   5,177   8/31/2020   90.1%   09/28/2015    
Loan   13   Washington Plaza   2.4%   MTM   Payless ShoeSource - Store   4,872   12/31/2017   100.0%   08/26/2015    
Loan   14   Carrollwood Station   2.2%   NAP   NAP   NAP   NAP   97.9%   08/05/2015   650,000
Loan   15   Murrieta Spectrum   2.1%   1/31/2021   San Diego County Credit Union   6,500   09/30/2020   78.0%   10/01/2015    
Loan   16   Westin Lake Mary   2.1%   NAP   NAP   NAP   NAP   72.9%   08/31/2015    

 

A-1-19
 

 

                                         
COMM 2015-LC23                          
                                         
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                
                                         
            % of                           Upfront
Property           Initial Pool   Lease           Lease       Occupancy   Replacement
Flag   ID   Property Name   Balance   Expiration   5th Largest Tenant (19)(21)(23)(24)(25)   SF   Expiration   Occupancy   As-of Date   Reserves($)(27)
Loan   17   Lake Creek Festival   2.1%   01/31/2024   The Pep Boys - GL   22,500   04/30/2017   98.1%   09/08/2015    
Loan   18   Wedgewood Building   2.0%   6/30/2030   HMC Assets   4,774   3/31/2019   100.0%   09/01/2015    
Loan   19   Kenhorst Plaza   1.9%   06/11/2020   Cash Converters (CC Kenhorst, LLC)   7,203   04/14/2016   92.2%   09/01/2015    
Loan   20   Addison Town Center   1.7%   1/31/2019   New New Buffet   10,000   7/31/2017   88.5%   09/02/2015    
Loan   21   A&H Olympic   1.5%   02/29/2016   CKCC, Inc.   3,275   11/30/2015   98.7%   07/01/2015    
Loan   22   Brentwood Retail Center (35)   1.4%   02/28/2017   NAP   NAP   NAP   100.0%   09/01/2015    
Loan   23   A&H Maple Avenue   1.4%   04/30/2017   Ebrahim Tahvilian Kashi   1,400   03/31/2017   100.0%   07/01/2015    
Loan   24   BJs Montgomeryville   1.2%   NAP   NAP   NAP   NAP   100.0%   11/01/2015    
Loan   25   Colerain Center   1.2%   02/28/2022   Chick-Fil-A   4,600   06/01/2030   100.0%   09/21/2015    
Loan   26   Whitewater Place   1.2%   NAP   NAP   NAP   NAP   96.6%   09/15/2015    
Loan   27   Brown Street Centre   1.2%   10/31/2019   Nexus Realty   3,940   10/31/2022   91.4%   09/09/2015    
Loan   28   Biltmore Parks Apartments   1.1%   NAP   NAP   NAP   NAP   98.1%   09/09/2015    
Loan   29   Ortega Village - Retail   1.1%   07/31/2017   OC Pharmacy   3,124   09/30/2023   100.0%   08/05/2015   71,600
Loan   30   Landings Shops and Offices   0.9%                   88.3%   Various    
Property   30.01   Landings Shops and Offices   0.5%   12/31/2019   Herman’s Furniture   3,000   9/30/2016   83.2%   07/22/2015    
Property   30.02   Progressive Properties   0.3%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Property   30.03   Kopf Offices   0.2%   NAP   NAP   NAP   NAP   100.0%   04/08/2015    
Loan   31   Terraces on Second   0.9%   NAP   NAP   NAP   NAP   95.5%   08/25/2015    
Loan   32   75 Executive Drive (36)   0.9%   09/30/2019   Pillar Enterprises, Inc.   2,666   08/31/2020   92.1%   06/30/2015   42,835
Loan   33   Best Buy Boca Raton   0.8%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Loan   34   Somerset Apartments   0.8%   NAP   NAP   NAP   NAP   92.4%   09/17/2015    
Loan   35   Walgreens VA Beach   0.8%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Loan   36   Holiday Inn Express & Suites Rockport   0.8%   NAP   NAP   NAP   NAP   75.3%   07/31/2015    
Loan   37   Commons at Pembroke   0.7%   NAP   NAP   NAP   NAP   97.0%   08/19/2015   200,000
Loan   38   Monument Creek (36)   0.7%   NAP   NAP   NAP   NAP   98.5%   08/03/2015    
Loan   39   High Country Plaza   0.7%   11/30/2022   Westside Cleaners   1,500   11/30/2019   95.7%   08/05/2015    
Loan   40   Williamsburg Center   0.7%                   88.9%   08/06/2015    
Property   40.01   1734 Corporate Crossing   0.2%   NAP   NAP   NAP   NAP   83.0%   08/06/2015    
Property   40.02   1728 Corporate Crossing   0.2%   NAP   NAP   NAP   NAP   100.0%   08/06/2015    
Property   40.03   1722 Corporate Crossing   0.1%   7/31/2020   NAP   NAP   NAP   93.4%   08/06/2015    
Property   40.04   1035 East Gate Drive   0.1%   NAP   NAP   NAP   NAP   100.0%   08/06/2015    
Property   40.05   735 Seibert Road   0.1%   MTM   Engility   543   MTM   84.8%   08/06/2015    
Property   40.06   703 Seibert Road   0.0%   NAP   NAP   NAP   NAP   68.8%   08/06/2015    
Property   40.07   723 Seibert Road   0.0%   2/29/2016   NAP   NAP   NAP   88.4%   08/06/2015    
Loan   41   Shops at Cardiff Ranch   0.7%   07/31/2020   Posh Nails & Spa   1,400   5/31/2020   95.7%   07/30/2015    
Loan   42   Cobblestone Court II   0.5%   NAP   NAP   NAP   NAP   99.4%   06/30/2015    
Loan   43   Hampton Inn & Suites – Portland   0.5%   NAP   NAP   NAP   NAP   77.0%   07/31/2015    
Loan   44   40 Wall Street (33)   0.5%   03/31/2029   Weidlinger Associates Inc   61,082   01/31/2033   95.0%   05/19/2015    
Loan   45   Palisades of Bridgeport   0.5%   NAP   NAP   NAP   NAP   96.8%   08/18/2015    
Loan   46   Walgreens Frisco TX   0.4%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Loan   47   Walgreens-Goodwill Missouri TX   0.4%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Loan   48   Warsaw Village   0.4%   1/31/2021   Virginia Alcoholic Beverage Control   3,000   01/31/2021   95.0%   08/24/2015    
Loan   49   Walton Shoppes   0.4%   06/19/2024   Tropical Smoothie   2,000   10/16/2020   79.7%   09/01/2015    
Loan   50   Ortega Village- Pads   0.4%   08/31/2019   NAP   NAP   NAP   90.7%   08/05/2015   72,800
Loan   51   691 14th Street Retail   0.4%   10/31/2019   Bilthouse   1,057   10/31/2019   100.0%   08/31/2015    
Loan   52   Monte & Wishing Well   0.3%                   97.9%   04/30/2015    
Property   52.01   Monte Carlo MHC   0.2%   NAP   NAP   NAP   NAP   100.0%   04/30/2015    
Property   52.02   Wishing Well MHP   0.1%   NAP   NAP   NAP   NAP   95.1%   04/30/2015    
Loan   53   Ferndale Avenue Shoppes   0.3%   04/22/2019   Verizon Wireless   1,558   04/30/2019   88.1%   09/01/2015    
Loan   54   Courtyard Self Storage   0.3%   NAP   NAP   NAP   NAP   85.6%   07/31/2015    
Loan   55   Bayonne MHP   0.3%   NAP   NAP   NAP   NAP   97.2%   09/25/2015    
Loan   56   Best Western Cleveland Airport   0.3%   NAP   NAP   NAP   NAP   83.2%   07/31/2015    
Loan   57   Eureka Crossings   0.2%   01/10/2021   Wild Bill’s Tobacco   1,840   01/26/2017   100.0%   09/01/2015    
Loan   58   Family Dollar - Rose Hill (36)   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Loan   59   Family Dollar - Moultrie (36)   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Loan   60   Family Dollar - Biscoe (36)   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Loan   61   Family Dollar - Rockingham (36)   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    
Loan   62   Dollar General - De Soto (36)   0.1%   NAP   NAP   NAP   NAP   100.0%   11/06/2015    

 

A-1-20
 

 

COMM 2015-LC23      
                     
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                     
            % of   Monthly   Upfront
Property           Initial Pool   Replacement   TI/LC
Flag   ID   Property Name   Balance   Reserves ($)(28)(29)(31)   Reserves($)(27)
Loan   1   Equity Inns Portfolio (33)   8.3%   The greater of 1/12 of 4% of gross revenue of the trailing 12 months from the most recent quarter and (ii) the amount required under the Franchise Agreement and Management Agreement for FF&E work    
Property   1.01   Homewood Suites Seattle   1.5%        
Property   1.02   Homewood Suites Orlando   0.7%        
Property   1.03   Courtyard Carlsbad   0.5%        
Property   1.04   Courtyard Houston   0.5%        
Property   1.05   Homewood Suites Stratford   0.4%        
Property   1.06   Hampton Inn Urbana   0.4%        
Property   1.07   Springhill Suites Asheville   0.4%        
Property   1.08   Hilton Garden Inn Louisville   0.4%        
Property   1.09   Hampton Inn Orlando   0.4%        
Property   1.10   Hampton Inn Austin   0.4%        
Property   1.11   Hampton Inn College Station   0.4%        
Property   1.12   Hampton Inn Indianapolis   0.3%        
Property   1.13   TownePlace Suites Savannah   0.3%        
Property   1.14   Hampton Inn East Lansing   0.3%        
Property   1.15   Hampton Inn Naperville   0.3%        
Property   1.16   Hilton Garden Inn Rio Rancho   0.3%        
Property   1.17   Courtyard Dalton   0.2%        
Property   1.18   Hampton Inn Alcoa   0.2%        
Property   1.19   Homewood Suites Augusta   0.2%        
Property   1.20   Residence Inn Jacksonville   0.2%        
Property   1.21   Hampton Inn Milford   0.1%        
Loan   2   32 Avenue of the Americas (33)(36)   7.3%   Springing   3,908,742
Loan   3   11 Madison Avenue (33)(34)(35)   7.2%   Springing   81,152,102
Loan   4   1209 DeKalb (35)(36)   4.8%   2,117    
Loan   5   Good Samaritan Medical Tower (36)   4.4%   3,049    
Loan   6   Harvey Building Products Portfolio (33)   4.4%        
Property   6.01   Londonderry Manufacturing   0.8%        
Property   6.02   Waltham Corporate   0.4%        
Property   6.03   Dartmouth Manufacturing   0.4%        
Property   6.04   Nashua   0.2%        
Property   6.05   West Bridgewater   0.2%        
Property   6.06   Woburn   0.2%        
Property   6.07   Manchester, NH   0.2%        
Property   6.08   New London   0.1%        
Property   6.09   East Haven   0.1%        
Property   6.10   Salem   0.1%        
Property   6.11   Bethlehem   0.1%        
Property   6.12   Lincoln   0.1%        
Property   6.13   Berlin   0.1%        
Property   6.14   Woburn CPD   0.1%        
Property   6.15   Norwalk   0.1%        
Property   6.16   Dartmouth   0.1%        
Property   6.17   Braintree   0.1%        
Property   6.18   Manchester, CT   0.1%        
Property   6.19   Portland   0.1%        
Property   6.20   Norwalk   0.1%        
Property   6.21   Warwick   0.1%        
Property   6.22   Fitchburg   0.1%        
Property   6.23   Auburn   0.1%        
Property   6.24   Portsmouth   0.1%        
Property   6.25   Southampton   0.0%        
Property   6.26   Hyannis   0.0%        
Property   6.27   Wilkes-Barre   0.0%        
Property   6.28   Berlin CPD   0.0%        
Property   6.29   Springfield   0.0%        
Property   6.30   White River Junction   0.0%        
Loan   7   Beach House Hilton Head (36)   4.2%   Greater of 4.0% of prior month’s rents for the property and any amount required under Management Agreement or Franchise Agreement for FF&E Work    
Loan   8   Whitehall Hotel   3.7%   1/12 of 4% of annual operating income    
Loan   9   611 Cowper   3.4%   Springing   3,043,827
Loan   10   Springfield Mall (33)   3.4%   Springing    
Loan   11   Laguna Niguel Town Center   2.8%   1,636    
Loan   12   Hacienda Gardens   2.5%       123,195
Loan   13   Washington Plaza   2.4%   1,725   300,000
Loan   14   Carrollwood Station   2.2%   7,000    
Loan   15   Murrieta Spectrum   2.1%   2,875   800,000
Loan   16   Westin Lake Mary   2.1%   Greater of 4.0% of prior month’s rents for the property and any amount required under Management Agreement or Franchise Agreement for FF&E Work    

 

A-1-21
 

 

                     
COMM 2015-LC23      
                     
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                     
            % of   Monthly   Upfront
Property           Initial Pool   Replacement   TI/LC
Flag   ID   Property Name   Balance   Reserves ($)(28)(29)(31)   Reserves($)(27)
Loan   17   Lake Creek Festival   2.1%   4,758   508,615
Loan   18   Wedgewood Building   2.0%   1,107    
Loan   19   Kenhorst Plaza   1.9%   2,556   220,000
Loan   20   Addison Town Center   1.7%   2,328   250,000
Loan   21   A&H Olympic   1.5%   1,841   100,000
Loan   22   Brentwood Retail Center (35)   1.4%   131    
Loan   23   A&H Maple Avenue   1.4%   399   25,000
Loan   24   BJs Montgomeryville   1.2%   Springing    
Loan   25   Colerain Center   1.2%   1,410    
Loan   26   Whitewater Place   1.2%   1,854    
Loan   27   Brown Street Centre   1.2%   871   200,000
Loan   28   Biltmore Parks Apartments   1.1%   7,121    
Loan   29   Ortega Village - Retail   1.1%   1,208   600,000
Loan   30   Landings Shops and Offices   0.9%   1,720   20,000
Property   30.01   Landings Shops and Offices   0.5%        
Property   30.02   Progressive Properties   0.3%        
Property   30.03   Kopf Offices   0.2%        
Loan   31   Terraces on Second   0.9%   917    
Loan   32   75 Executive Drive (36)   0.9%   Springing   160,631
Loan   33   Best Buy Boca Raton   0.8%   483   100,000
Loan   34   Somerset Apartments   0.8%   4,144    
Loan   35   Walgreens VA Beach   0.8%   Springing    
Loan   36   Holiday Inn Express & Suites Rockport   0.8%   Greater of (i) (a) 2% (1st year of the term), (b) 3% (2nd year of the term), (c) 1/2 of 4% (remainder of the term) and (ii) the T-12 gross revenue or the Annual Budget projected Gross Revenue    
Loan   37   Commons at Pembroke   0.7%   4,200    
Loan   38   Monument Creek (36)   0.7%   571    
Loan   39   High Country Plaza   0.7%   435    
Loan   40   Williamsburg Center   0.7%   2,041    
Property   40.01   1734 Corporate Crossing   0.2%        
Property   40.02   1728 Corporate Crossing   0.2%        
Property   40.03   1722 Corporate Crossing   0.1%        
Property   40.04   1035 East Gate Drive   0.1%        
Property   40.05   735 Seibert Road   0.1%        
Property   40.06   703 Seibert Road   0.0%        
Property   40.07   723 Seibert Road   0.0%        
Loan   41   Shops at Cardiff Ranch   0.7%   404    
Loan   42   Cobblestone Court II   0.5%   1,720    
Loan   43   Hampton Inn & Suites – Portland   0.5%   The greater of 4% of gross revenue of the trailing 12 months from the most recent quarter and (ii) the amount required under the Franchise Agreement and Management Agreement for FF&E work    
Loan   44   40 Wall Street (33)   0.5%   Springing    
Loan   45   Palisades of Bridgeport   0.5%   2,790    
Loan   46   Walgreens Frisco TX   0.4%   Springing    
Loan   47   Walgreens-Goodwill Missouri TX   0.4%   Springing    
Loan   48   Warsaw Village   0.4%   1,002    
Loan   49   Walton Shoppes   0.4%   285    
Loan   50   Ortega Village- Pads   0.4%   567   140,000
Loan   51   691 14th Street Retail   0.4%   181   276,750
Loan   52   Monte & Wishing Well   0.3%   396    
Property   52.01   Monte Carlo MHC   0.2%        
Property   52.02   Wishing Well MHP   0.1%        
Loan   53   Ferndale Avenue Shoppes   0.3%   215    
Loan   54   Courtyard Self Storage   0.3%   158    
Loan   55   Bayonne MHP   0.3%   454    
Loan   56   Best Western Cleveland Airport   0.3%   1/12 of 4.0% of the greater of (a) Gross Revenue during the 12 month period and (b) Gross Revenue projected in the Approved Annual Budget for the 12 month period.    
Loan   57   Eureka Crossings   0.2%   315    
Loan   58   Family Dollar - Rose Hill (36)   0.1%        
Loan   59   Family Dollar - Moultrie (36)   0.1%        
Loan   60   Family Dollar - Biscoe (36)   0.1%        
Loan   61   Family Dollar - Rockingham (36)   0.1%        
Loan   62   Dollar General - De Soto (36)   0.1%        

 

A-1-22
 

 

COMM 2015-LC23                      
                                     
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES            
                                     
            % of   Monthly   Upfront   Monthly   Upfront   Monthly   Upfront
Property           Initial Pool   TI/LC   Tax   Tax   Insurance   Insurance   Engineering
Flag   ID   Property Name   Balance   Reserves ($)(28)(31)   Reserves($)(27)   Reserves ($)(28)   Reserves($)(27)   Reserves ($)(28)   Reserves($)(27)
Loan   1   Equity Inns Portfolio (33)   8.3%       890,215   296,738       Springing   160,928
Property   1.01   Homewood Suites Seattle   1.5%                        
Property   1.02   Homewood Suites Orlando   0.7%                        
Property   1.03   Courtyard Carlsbad   0.5%                        
Property   1.04   Courtyard Houston   0.5%                        
Property   1.05   Homewood Suites Stratford   0.4%                        
Property   1.06   Hampton Inn Urbana   0.4%                        
Property   1.07   Springhill Suites Asheville   0.4%                        
Property   1.08   Hilton Garden Inn Louisville   0.4%                        
Property   1.09   Hampton Inn Orlando   0.4%                        
Property   1.10   Hampton Inn Austin   0.4%                        
Property   1.11   Hampton Inn College Station   0.4%                        
Property   1.12   Hampton Inn Indianapolis   0.3%                        
Property   1.13   TownePlace Suites Savannah   0.3%                        
Property   1.14   Hampton Inn East Lansing   0.3%                        
Property   1.15   Hampton Inn Naperville   0.3%                        
Property   1.16   Hilton Garden Inn Rio Rancho   0.3%                        
Property   1.17   Courtyard Dalton   0.2%                        
Property   1.18   Hampton Inn Alcoa   0.2%                        
Property   1.19   Homewood Suites Augusta   0.2%                        
Property   1.20   Residence Inn Jacksonville   0.2%                        
Property   1.21   Hampton Inn Milford   0.1%                        
Loan   2   32 Avenue of the Americas (33)(36)   7.3%   Springing       Springing       Springing    
Loan   3   11 Madison Avenue (33)(34)(35)   7.2%   Springing       Springing       Springing    
Loan   4   1209 DeKalb (35)(36)   4.8%       8,430   1,686   45,402   5,675    
Loan   5   Good Samaritan Medical Tower (36)   4.4%   21,953   73,631   12,272       Springing   25,200
Loan   6   Harvey Building Products Portfolio (33)   4.4%       1,207,022   199,837   594,489   78,692   500,000
Property   6.01   Londonderry Manufacturing   0.8%                        
Property   6.02   Waltham Corporate   0.4%                        
Property   6.03   Dartmouth Manufacturing   0.4%                        
Property   6.04   Nashua   0.2%                        
Property   6.05   West Bridgewater   0.2%                        
Property   6.06   Woburn   0.2%                        
Property   6.07   Manchester, NH   0.2%                        
Property   6.08   New London   0.1%                        
Property   6.09   East Haven   0.1%                        
Property   6.10   Salem   0.1%                        
Property   6.11   Bethlehem   0.1%                        
Property   6.12   Lincoln   0.1%                        
Property   6.13   Berlin   0.1%                        
Property   6.14   Woburn CPD   0.1%                        
Property   6.15   Norwalk   0.1%                        
Property   6.16   Dartmouth   0.1%                        
Property   6.17   Braintree   0.1%                        
Property   6.18   Manchester, CT   0.1%                        
Property   6.19   Portland   0.1%                        
Property   6.20   Norwalk   0.1%                        
Property   6.21   Warwick   0.1%                        
Property   6.22   Fitchburg   0.1%                        
Property   6.23   Auburn   0.1%                        
Property   6.24   Portsmouth   0.1%                        
Property   6.25   Southampton   0.0%                        
Property   6.26   Hyannis   0.0%                        
Property   6.27   Wilkes-Barre   0.0%                        
Property   6.28   Berlin CPD   0.0%                        
Property   6.29   Springfield   0.0%                        
Property   6.30   White River Junction   0.0%                        
Loan   7   Beach House Hilton Head (36)   4.2%       271,388   28,122       Springing    
Loan   8   Whitehall Hotel   3.7%       225,000   48,900   138,000   11,900   38,750
Loan   9   611 Cowper   3.4%   Springing   37,308   Springing   930   Springing    
Loan   10   Springfield Mall (33)   3.4%   Springing   566,919   174,917       Springing    
Loan   11   Laguna Niguel Town Center   2.8%   7,601   208,966   18,997   5,172   1,724    
Loan   12   Hacienda Gardens   2.5%       148,000   37,000   30,529   2,775    
Loan   13   Washington Plaza   2.4%   4,025   133,333   16,667   47,509   4,319   38,031
Loan   14   Carrollwood Station   2.2%       300,000   33,300   55,000   11,200    
Loan   15   Murrieta Spectrum   2.1%   7,189   119,000   39,667   10,817   2,704    
Loan   16   Westin Lake Mary   2.1%       263,826   26,383   186,193   16,927   29,400

 

A-1-23
 

 

                                     
COMM 2015-LC23                      
                                     
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES            
                                     
            % of   Monthly   Upfront   Monthly   Upfront   Monthly   Upfront
Property           Initial Pool   TI/LC   Tax   Tax   Insurance   Insurance   Engineering
Flag   ID   Property Name   Balance   Reserves ($)(28)(31)   Reserves($)(27)   Reserves ($)(28)   Reserves($)(27)   Reserves ($)(28)   Reserves($)(27)
Loan   17   Lake Creek Festival   2.1%   14,748   347,442   38,605       Springing   15,000
Loan   18   Wedgewood Building   2.0%   7,055   145,000   17,600   4,100   1,900    
Loan   19   Kenhorst Plaza   1.9%   Springing   183,994   36,799   26,997   2,454   29,338
Loan   20   Addison Town Center   1.7%   9,314   414,670   41,467   30,123   3,012   3,025
Loan   21   A&H Olympic   1.5%   Springing   89,426   12,775       Springing    
Loan   22   Brentwood Retail Center (35)   1.4%   1,314   68,000   7,930   27,000   2,500    
Loan   23   A&H Maple Avenue   1.4%   2,083   66,046   8,256       Springing    
Loan   24   BJs Montgomeryville   1.2%           Springing       Springing    
Loan   25   Colerain Center   1.2%   4,598   159,167   31,833   3,342   1,671   49,938
Loan   26   Whitewater Place   1.2%       27,233   5,447   10,010   834    
Loan   27   Brown Street Centre   1.2%   6,565   18,246   18,246   16,019   1,657   144,375
Loan   28   Biltmore Parks Apartments   1.1%       325,000   32,500   30,260   4,323   25,938
Loan   29   Ortega Village - Retail   1.1%       92,090   8,372   2,287   1,144    
Loan   30   Landings Shops and Offices   0.9%   8,518   97,957   21,768   2,228   2,228   17,078
Property   30.01   Landings Shops and Offices   0.5%                        
Property   30.02   Progressive Properties   0.3%                        
Property   30.03   Kopf Offices   0.2%                        
Loan   31   Terraces on Second   0.9%       5,000   5,000   14,325   1,592    
Loan   32   75 Executive Drive (36)   0.9%   Springing   7,009   7,009   12,617   1,051   41,156
Loan   33   Best Buy Boca Raton   0.8%   1,450       Springing       Springing    
Loan   34   Somerset Apartments   0.8%       36,396   6,066   17,644   5,881   125,688
Loan   35   Walgreens VA Beach   0.8%   Springing       Springing       Springing    
Loan   36   Holiday Inn Express & Suites Rockport   0.8%       66,763   6,069   18,298   6,099    
Loan   37   Commons at Pembroke   0.7%       9,200   9,200   6,887   3,500    
Loan   38   Monument Creek (36)   0.7%       4,030   1,007       Springing    
Loan   39   High Country Plaza   0.7%   2,140   37,336   3,111   604   302    
Loan   40   Williamsburg Center   0.7%   5,280   45,000   12,252   2,976   1,438   25,003
Property   40.01   1734 Corporate Crossing   0.2%                        
Property   40.02   1728 Corporate Crossing   0.2%                        
Property   40.03   1722 Corporate Crossing   0.1%                        
Property   40.04   1035 East Gate Drive   0.1%                        
Property   40.05   735 Seibert Road   0.1%                        
Property   40.06   703 Seibert Road   0.0%                        
Property   40.07   723 Seibert Road   0.0%                        
Loan   41   Shops at Cardiff Ranch   0.7%   2,021   90,000   11,300   3,000   900    
Loan   42   Cobblestone Court II   0.5%       137,242   15,249   2,689   2,689    
Loan   43   Hampton Inn & Suites – Portland   0.5%       26,467   2,941   33,943   4,243   20,125
Loan   44   40 Wall Street (33)   0.5%   Springing   1,515,525   505,175       Springing    
Loan   45   Palisades of Bridgeport   0.5%       42,667   10,667   10,399   2,080   28,438
Loan   46   Walgreens Frisco TX   0.4%   Springing       Springing       Springing    
Loan   47   Walgreens-Goodwill Missouri TX   0.4%   Springing       Springing       Springing    
Loan   48   Warsaw Village   0.4%   1-24 payment dates $6,260.42 without Food Lion Extension; 1-24 payment dates $1,552.58 with Food Lion Extension; 25th payment date onwards $0   15,934   1,449   3,202   801   276,157
Loan   49   Walton Shoppes   0.4%   2,580   29,678   5,936       Springing    
Loan   50   Ortega Village- Pads   0.4%       39,181   3,562   523   261   5,675
Loan   51   691 14th Street Retail   0.4%   Springing   25,236   2,294   1,630   408    
Loan   52   Monte & Wishing Well   0.3%       27,215   6,804   2,415   483   10,925
Property   52.01   Monte Carlo MHC   0.2%                        
Property   52.02   Wishing Well MHP   0.1%                        
Loan   53   Ferndale Avenue Shoppes   0.3%   2,158   6,682   1,670       Springing    
Loan   54   Courtyard Self Storage   0.3%   286   2,674   891   7,302   2,834    
Loan   55   Bayonne MHP   0.3%       33,290   11,097   4,136   2,068   21,563
Loan   56   Best Western Cleveland Airport   0.3%       31,999   5,333   4,710   2,355    
Loan   57   Eureka Crossings   0.2%   2,208   23,052   5,763       Springing    
Loan   58   Family Dollar - Rose Hill (36)   0.1%           Springing       Springing    
Loan   59   Family Dollar - Moultrie (36)   0.1%           Springing       Springing    
Loan   60   Family Dollar - Biscoe (36)   0.1%           Springing       Springing    
Loan   61   Family Dollar - Rockingham (36)   0.1%           Springing       Springing    
Loan   62   Dollar General - De Soto (36)   0.1%       140   47       Springing    

 

A-1-24
 

 

COMM 2015-LC23          
                         
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                         
            % of   Upfront   Monthly   Other
Property           Initial Pool   Other   Other   Reserves
Flag   ID   Property Name   Balance   Reserves($)(27)   Reserves ($)(28)(29)(30)   Description
Loan   1   Equity Inns Portfolio (33)   8.3%   10,000,000    Required PIP Amount (Quarterly)   PIP Reserve (Upfront: 10,000,000; Quarterly: Required PIP Amount)
Property   1.01   Homewood Suites Seattle   1.5%            
Property   1.02   Homewood Suites Orlando   0.7%            
Property   1.03   Courtyard Carlsbad   0.5%            
Property   1.04   Courtyard Houston   0.5%            
Property   1.05   Homewood Suites Stratford   0.4%            
Property   1.06   Hampton Inn Urbana   0.4%            
Property   1.07   Springhill Suites Asheville   0.4%            
Property   1.08   Hilton Garden Inn Louisville   0.4%            
Property   1.09   Hampton Inn Orlando   0.4%            
Property   1.10   Hampton Inn Austin   0.4%            
Property   1.11   Hampton Inn College Station   0.4%            
Property   1.12   Hampton Inn Indianapolis   0.3%            
Property   1.13   TownePlace Suites Savannah   0.3%            
Property   1.14   Hampton Inn East Lansing   0.3%            
Property   1.15   Hampton Inn Naperville   0.3%            
Property   1.16   Hilton Garden Inn Rio Rancho   0.3%            
Property   1.17   Courtyard Dalton   0.2%            
Property   1.18   Hampton Inn Alcoa   0.2%            
Property   1.19   Homewood Suites Augusta   0.2%            
Property   1.20   Residence Inn Jacksonville   0.2%            
Property   1.21   Hampton Inn Milford   0.1%            
Loan   2   32 Avenue of the Americas (33)(36)   7.3%   1,796,381       Free Rent Funds (Upfront: 1,796,381)
Loan   3   11 Madison Avenue (33)(34)(35)   7.2%   55,348,898       Credit Suisse Sublease Payments (Upfront: 36,500,000); Sony Free Rent (Upfront: 18,847,898); Easement Fund (Upfront: 1,000)
Loan   4   1209 DeKalb (35)(36)   4.8%   93,227       Prepaid Rent Reserve (Upfront: 93,227)
Loan   5   Good Samaritan Medical Tower (36)   4.4%   1,028,474       Free Rent (Upfront: 275,931); Suite 800 Lease Funds (Upfront: 452,542); Elevator Upgrade Funds (Upfront: 300,000);
Loan   6   Harvey Building Products Portfolio (33)   4.4%            
Property   6.01   Londonderry Manufacturing   0.8%            
Property   6.02   Waltham Corporate   0.4%            
Property   6.03   Dartmouth Manufacturing   0.4%            
Property   6.04   Nashua   0.2%            
Property   6.05   West Bridgewater   0.2%            
Property   6.06   Woburn   0.2%            
Property   6.07   Manchester, NH   0.2%            
Property   6.08   New London   0.1%            
Property   6.09   East Haven   0.1%            
Property   6.10   Salem   0.1%            
Property   6.11   Bethlehem   0.1%            
Property   6.12   Lincoln   0.1%            
Property   6.13   Berlin   0.1%            
Property   6.14   Woburn CPD   0.1%            
Property   6.15   Norwalk   0.1%            
Property   6.16   Dartmouth   0.1%            
Property   6.17   Braintree   0.1%            
Property   6.18   Manchester, CT   0.1%            
Property   6.19   Portland   0.1%            
Property   6.20   Norwalk   0.1%            
Property   6.21   Warwick   0.1%            
Property   6.22   Fitchburg   0.1%            
Property   6.23   Auburn   0.1%            
Property   6.24   Portsmouth   0.1%            
Property   6.25   Southampton   0.0%            
Property   6.26   Hyannis   0.0%            
Property   6.27   Wilkes-Barre   0.0%            
Property   6.28   Berlin CPD   0.0%            
Property   6.29   Springfield   0.0%            
Property   6.30   White River Junction   0.0%            
Loan   7   Beach House Hilton Head (36)   4.2%   5,535,889   Springing   Renovation Funds (Upfront: 4,877,111); Seasonal Working Capital (Upfront: 658,778, Monthly: Springing); PIP Funds (Monthly: Springing); Franchise Termination Funds (Monthly: Springing)
Loan   8   Whitehall Hotel   3.7%   300,000   1/12 of 1% of annual operating income   Room Renovation Reserve (Upfront: 300,000); Capital Expense Reserve (Monthly: 1/12 of 1% of annual operating income)
Loan   9   611 Cowper   3.4%   1,620,000   Springing   Free Rent (Upfront: 1,620,000); Lease Sweep Funds (Monthly: Springing); Common Charges (Monthly: Springing)
Loan   10   Springfield Mall (33)   3.4%            
Loan   11   Laguna Niguel Town Center   2.8%       Springing   Major Tenant Reserve Deposit (Monthly: Springing)
Loan   12   Hacienda Gardens   2.5%   2,091,000       Rent Concession Reserve (Upfront: 221,000); Earnout Reserve (Upfront: 1,870,000)
Loan   13   Washington Plaza   2.4%            
Loan   14   Carrollwood Station   2.2%            
Loan   15   Murrieta Spectrum   2.1%   1,024,685   Springing   Concession Reserve (Upfront: 168,994); Existing TI/LC Obligation Reserve (Upfront: 55,691); Earnout Reserve (Upfront: 800,000); Occupancy Reserve (Monthly: Springing)
Loan   16   Westin Lake Mary   2.1%   1,452,172       PIP Reserve (Upfront: 1,452,172)

 

A-1-25
 

 

                         
COMM 2015-LC23          
                         
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                         
            % of   Upfront   Monthly   Other
Property           Initial Pool   Other   Other   Reserves
Flag   ID   Property Name   Balance   Reserves($)(27)   Reserves ($)(28)(29)(30)   Description
Loan   17   Lake Creek Festival   2.1%   141,365   Springing   Free Rent (Upfront: 141,365); Lease Sweep Funds (Monthly: Springing)
Loan   18   Wedgewood Building   2.0%       Springing   Special Rollover Reserve (Monthly: Springing)
Loan   19   Kenhorst Plaza   1.9%   810,000       Retro Fitness Reserve (Upfront: 810,000)
Loan   20   Addison Town Center   1.7%   276,124       Roof Repair Reserve (Upfront: 76,280); Free Rent Reserve (Upfront: 199,884)
Loan   21   A&H Olympic   1.5%            
Loan   22   Brentwood Retail Center (35)   1.4%       Springing   Special Rollover Reserve (Monthly: Springing)
Loan   23   A&H Maple Avenue   1.4%            
Loan   24   BJs Montgomeryville   1.2%            
Loan   25   Colerain Center   1.2%            
Loan   26   Whitewater Place   1.2%   500,000       Performance Reserve (Upfront: 500,000)
Loan   27   Brown Street Centre   1.2%   198,947   Springing   Free Rent (Upfront: 93,395); MBT Holdback (Upfront: 105,552); Lease Sweep Funds (Monthly: Springing)
Loan   28   Biltmore Parks Apartments   1.1%            
Loan   29   Ortega Village - Retail   1.1%       Springing   Major Tenant Reserve Deposit (Monthly: Springing)
Loan   30   Landings Shops and Offices   0.9%   675,000   Springing   Kopf Builders Rollover Reserve (Monthly: Springing); Earn-Out Reserve (Upfront: 675,000)
Property   30.01   Landings Shops and Offices   0.5%            
Property   30.02   Progressive Properties   0.3%            
Property   30.03   Kopf Offices   0.2%            
Loan   31   Terraces on Second   0.9%            
Loan   32   75 Executive Drive (36)   0.9%   79,015       Free Rent Reserve (Upfront: 79,015)
Loan   33   Best Buy Boca Raton   0.8%            
Loan   34   Somerset Apartments   0.8%            
Loan   35   Walgreens VA Beach   0.8%   59,375   Springing   Environmental Reserve Funds (Upfront: 59,375, Monthly: Springing); Lease Sweep Funds (Monthly: Springing)
Loan   36   Holiday Inn Express & Suites Rockport   0.8%   489,000   Springing   PIP Reserve (Upfront: 379,000); Seasonality Reserve (Upfront: 110,000; Monthly: Springing)
Loan   37   Commons at Pembroke   0.7%            
Loan   38   Monument Creek (36)   0.7%            
Loan   39   High Country Plaza   0.7%       Springing   Major Tenant Reserve Deposit (Monthly: Springing)
Loan   40   Williamsburg Center   0.7%   50,000   Springing   Operating Reserve (Upfront: $50,000); Special Rollover Reserve (Monthly: Springing)
Property   40.01   1734 Corporate Crossing   0.2%            
Property   40.02   1728 Corporate Crossing   0.2%            
Property   40.03   1722 Corporate Crossing   0.1%            
Property   40.04   1035 East Gate Drive   0.1%            
Property   40.05   735 Seibert Road   0.1%            
Property   40.06   703 Seibert Road   0.0%            
Property   40.07   723 Seibert Road   0.0%            
Loan   41   Shops at Cardiff Ranch   0.7%   711,800   Springing   Outstanding Tenant Improvement Reserve (Upfront: 711,800); Special Rollover Reserve (Monthly Springing: Excess Cash Flow)
Loan   42   Cobblestone Court II   0.5%            
Loan   43   Hampton Inn & Suites – Portland   0.5%   1,030,000   Springing   Seasonality Reserve (Upfront: 30,000; Monthly: Springing); PIP Reserve (Upfront: 1,000,000)
Loan   44   40 Wall Street (33)   0.5%   815,226   Springing   Payment Reserve (Upfront: 815,226); Ground Rent Funds (Monthly: Springing)
Loan   45   Palisades of Bridgeport   0.5%            
Loan   46   Walgreens Frisco TX   0.4%       Springing   Lease Sweep Funds (Monthly: Springing)
Loan   47   Walgreens-Goodwill Missouri TX   0.4%       Springing   Lease Sweep Funds (Monthly: Springing)
Loan   48   Warsaw Village   0.4%            
Loan   49   Walton Shoppes   0.4%       Springing   Condominium Assessment Funds (Monthly: Springing)
Loan   50   Ortega Village- Pads   0.4%       Springing   Major Tenant Reserve Deposit (Monthly: Springing)
Loan   51   691 14th Street Retail   0.4%   500,000   Springing   Occupancy Reserve (Upfront: 500,000); Special Rollover Reserve (Monthly Springing: Excess Cash Flow)
Loan   52   Monte & Wishing Well   0.3%            
Property   52.01   Monte Carlo MHC   0.2%            
Property   52.02   Wishing Well MHP   0.1%            
Loan   53   Ferndale Avenue Shoppes   0.3%            
Loan   54   Courtyard Self Storage   0.3%            
Loan   55   Bayonne MHP   0.3%            
Loan   56   Best Western Cleveland Airport   0.3%   249,000   Springing   PIP Reserve (Upfront: 230,000); Seasonality Reserve (Upfront: 19,000)
Loan   57   Eureka Crossings   0.2%       Springing   Lease Sweep Funds (Monthly: Springing)
Loan   58   Family Dollar - Rose Hill (36)   0.1%            
Loan   59   Family Dollar - Moultrie (36)   0.1%            
Loan   60   Family Dollar - Biscoe (36)   0.1%            
Loan   61   Family Dollar - Rockingham (36)   0.1%            
Loan   62   Dollar General - De Soto (36)   0.1%            

 

A-1-26
 

 

COMM 2015-LC23          
                         
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES          
                         
            % of   Environmental        
Property           Initial Pool   Report   Engineering   Loan
Flag   ID   Property Name   Balance   Date (32)   Report Date   Purpose
Loan   1   Equity Inns Portfolio (33)   8.3%           Refinance
Property   1.01   Homewood Suites Seattle   1.5%   08/25/2015   08/26/2015    
Property   1.02   Homewood Suites Orlando   0.7%   08/25/2015   08/26/2015    
Property   1.03   Courtyard Carlsbad   0.5%   08/25/2015   08/25/2015    
Property   1.04   Courtyard Houston   0.5%   08/26/2015   08/20/2015    
Property   1.05   Homewood Suites Stratford   0.4%   08/25/2015   08/26/2015    
Property   1.06   Hampton Inn Urbana   0.4%   08/26/2015   08/28/2015    
Property   1.07   Springhill Suites Asheville   0.4%   08/25/2015   08/26/2015    
Property   1.08   Hilton Garden Inn Louisville   0.4%   08/25/2015   08/26/2015    
Property   1.09   Hampton Inn Orlando   0.4%   08/24/2015   08/26/2015    
Property   1.10   Hampton Inn Austin   0.4%   08/26/2015   08/28/2015    
Property   1.11   Hampton Inn College Station   0.4%   08/26/2015   08/26/2015    
Property   1.12   Hampton Inn Indianapolis   0.3%   08/26/2015   08/26/2015    
Property   1.13   TownePlace Suites Savannah   0.3%   08/25/2015   08/26/2015    
Property   1.14   Hampton Inn East Lansing   0.3%   08/26/2015   08/25/2015    
Property   1.15   Hampton Inn Naperville   0.3%   08/26/2015   08/25/2015    
Property   1.16   Hilton Garden Inn Rio Rancho   0.3%   08/26/2015   08/26/2015    
Property   1.17   Courtyard Dalton   0.2%   08/25/2015   08/25/2015    
Property   1.18   Hampton Inn Alcoa   0.2%   08/24/2015   08/26/2015    
Property   1.19   Homewood Suites Augusta   0.2%   08/25/2015   08/20/2015    
Property   1.20   Residence Inn Jacksonville   0.2%   08/25/2015   08/26/2015    
Property   1.21   Hampton Inn Milford   0.1%   08/26/2015   08/26/2015    
Loan   2   32 Avenue of the Americas (33)(36)   7.3%   08/04/2015   08/04/2015   Refinance
Loan   3   11 Madison Avenue (33)(34)(35)   7.2%   04/30/2015   04/30/2015   Acquisition
Loan   4   1209 DeKalb (35)(36)   4.8%   08/21/2015   08/24/2015   Refinance
Loan   5   Good Samaritan Medical Tower (36)   4.4%   09/03/2015   07/28/2015   Refinance
Loan   6   Harvey Building Products Portfolio (33)   4.4%           Acquisition
Property   6.01   Londonderry Manufacturing   0.8%   09/10/2015   09/18/2015    
Property   6.02   Waltham Corporate   0.4%   09/14/2015   09/18/2015    
Property   6.03   Dartmouth Manufacturing   0.4%   09/10/2015   09/18/2015    
Property   6.04   Nashua   0.2%   09/14/2015   09/18/2015    
Property   6.05   West Bridgewater   0.2%   09/11/2015   09/18/2015    
Property   6.06   Woburn   0.2%   09/11/2015   09/18/2015    
Property   6.07   Manchester, NH   0.2%   09/09/2015   09/18/2015    
Property   6.08   New London   0.1%   09/14/2015   09/18/2015    
Property   6.09   East Haven   0.1%   09/10/2015   09/18/2015    
Property   6.10   Salem   0.1%   09/14/2015   09/18/2015    
Property   6.11   Bethlehem   0.1%   09/14/2015   09/18/2015    
Property   6.12   Lincoln   0.1%   09/14/2015   09/18/2015    
Property   6.13   Berlin   0.1%   09/14/2015   09/18/2015    
Property   6.14   Woburn CPD   0.1%   09/11/2015   09/17/2015    
Property   6.15   Norwalk   0.1%   09/14/2015   09/18/2015    
Property   6.16   Dartmouth   0.1%   09/14/2015   09/18/2015    
Property   6.17   Braintree   0.1%   09/14/2015   09/18/2015    
Property   6.18   Manchester, CT   0.1%   09/14/2015   09/18/2015    
Property   6.19   Portland   0.1%   09/16/2015   09/18/2015    
Property   6.20   Norwalk   0.1%   09/14/2015   09/17/2015    
Property   6.21   Warwick   0.1%   09/11/2015   09/18/2015    
Property   6.22   Fitchburg   0.1%   09/14/2015   09/18/2015    
Property   6.23   Auburn   0.1%   09/14/2015   09/18/2015    
Property   6.24   Portsmouth   0.1%   09/14/2015   09/18/2015    
Property   6.25   Southampton   0.0%   09/14/2015   09/18/2015    
Property   6.26   Hyannis   0.0%   09/11/2015   09/18/2015    
Property   6.27   Wilkes-Barre   0.0%   09/11/2015   09/17/2015    
Property   6.28   Berlin CPD   0.0%   09/14/2015   09/17/2015    
Property   6.29   Springfield   0.0%   09/11/2015   09/18/2015    
Property   6.30   White River Junction   0.0%   09/11/2015   09/18/2015    
Loan   7   Beach House Hilton Head (36)   4.2%   08/24/2015   09/01/2015   Acquisition
Loan   8   Whitehall Hotel   3.7%   09/08/2015   09/01/2015   Refinance
Loan   9   611 Cowper   3.4%   06/05/2015   07/13/2015   Refinance
Loan   10   Springfield Mall (33)   3.4%   09/09/2015   08/18/2015   Refinance
Loan   11   Laguna Niguel Town Center   2.8%   08/28/2015   06/12/2015   Refinance
Loan   12   Hacienda Gardens   2.5%   07/27/2015   07/24/2015   Refinance
Loan   13   Washington Plaza   2.4%   07/30/2015   07/30/2015   Refinance
Loan   14   Carrollwood Station   2.2%   08/18/2015   08/18/2015   Acquisition
Loan   15   Murrieta Spectrum   2.1%   10/06/2015   08/10/2015   Refinance
Loan   16   Westin Lake Mary   2.1%   06/26/2015   06/26/2015   Refinance

 

A-1-27
 

 

                         
COMM 2015-LC23          
                         
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES          
                         
            % of   Environmental        
Property           Initial Pool   Report   Engineering   Loan
Flag   ID   Property Name   Balance   Date (32)   Report Date   Purpose
Loan   17   Lake Creek Festival   2.1%   07/15/2015   07/14/2015   Refinance
Loan   18   Wedgewood Building   2.0%   08/19/2015   08/21/2015   Refinance
Loan   19   Kenhorst Plaza   1.9%   08/24/2015   07/29/2015   Acquisition
Loan   20   Addison Town Center   1.7%   07/18/2015   07/17/2015   Refinance
Loan   21   A&H Olympic   1.5%   06/10/2015   06/10/2015   Refinance
Loan   22   Brentwood Retail Center (35)   1.4%   08/06/2015   07/28/2015   Recapitalization
Loan   23   A&H Maple Avenue   1.4%   06/10/2015   06/10/2015   Refinance
Loan   24   BJs Montgomeryville   1.2%   08/10/2015   08/07/2015   Refinance
Loan   25   Colerain Center   1.2%   09/02/2015   06/11/2015   Acquisition
Loan   26   Whitewater Place   1.2%   09/25/2015   09/25/2015   Refinance
Loan   27   Brown Street Centre   1.2%   04/22/2015   04/22/2015   Refinance
Loan   28   Biltmore Parks Apartments   1.1%   09/14/2015   09/03/2015   Refinance
Loan   29   Ortega Village - Retail   1.1%   06/11/2015   06/10/2015   Refinance
Loan   30   Landings Shops and Offices   0.9%           Refinance
Property   30.01   Landings Shops and Offices   0.5%   06/09/2015   05/22/2015    
Property   30.02   Progressive Properties   0.3%   05/27/2015   05/22/2015    
Property   30.03   Kopf Offices   0.2%   07/27/2015   05/22/2015    
Loan   31   Terraces on Second   0.9%   08/24/2015   08/21/2015   Refinance
Loan   32   75 Executive Drive (36)   0.9%   07/02/2015   07/03/2015   Refinance
Loan   33   Best Buy Boca Raton   0.8%   09/01/2015   09/01/2015   Acquisition
Loan   34   Somerset Apartments   0.8%   09/17/2015   09/17/2015   Refinance
Loan   35   Walgreens VA Beach   0.8%   08/13/2015   07/29/2015   Acquisition
Loan   36   Holiday Inn Express & Suites Rockport   0.8%   07/16/2015   07/14/2015   Refinance
Loan   37   Commons at Pembroke   0.7%   08/18/2015   08/17/2015   Acquisition
Loan   38   Monument Creek (36)   0.7%   08/13/2015   08/13/2015   Acquisition
Loan   39   High Country Plaza   0.7%   06/05/2015   06/05/2015   Refinance
Loan   40   Williamsburg Center   0.7%           Refinance
Property   40.01   1734 Corporate Crossing   0.2%   07/30/2015   07/30/2015    
Property   40.02   1728 Corporate Crossing   0.2%   07/30/2015   07/30/2015    
Property   40.03   1722 Corporate Crossing   0.1%   07/30/2015   07/30/2015    
Property   40.04   1035 East Gate Drive   0.1%   07/27/2015   07/28/2015    
Property   40.05   735 Seibert Road   0.1%   07/30/2015   07/29/2015    
Property   40.06   703 Seibert Road   0.0%   07/30/2015   07/29/2015    
Property   40.07   723 Seibert Road   0.0%   07/30/2015   07/29/2015    
Loan   41   Shops at Cardiff Ranch   0.7%   08/17/2015   08/14/2015   Refinance
Loan   42   Cobblestone Court II   0.5%   07/15/2015   07/14/2015   Refinance
Loan   43   Hampton Inn & Suites – Portland   0.5%   07/07/2015   07/06/2015   Acquisition
Loan   44   40 Wall Street (33)   0.5%   06/03/2015   05/28/2015   Refinance
Loan   45   Palisades of Bridgeport   0.5%   09/17/2015   07/28/2015   Refinance
Loan   46   Walgreens Frisco TX   0.4%   07/22/2015   07/28/2015   Refinance
Loan   47   Walgreens-Goodwill Missouri TX   0.4%   07/20/2015   07/20/2015   Refinance
Loan   48   Warsaw Village   0.4%   08/19/2015   08/14/2015   Refinance
Loan   49   Walton Shoppes   0.4%   08/03/2015   07/31/2015   Recapitalization
Loan   50   Ortega Village- Pads   0.4%   06/11/2015   06/10/2015   Refinance
Loan   51   691 14th Street Retail   0.4%   06/05/2015   05/07/2015   Refinance
Loan   52   Monte & Wishing Well   0.3%           Refinance
Property   52.01   Monte Carlo MHC   0.2%   05/21/2015   05/20/2015    
Property   52.02   Wishing Well MHP   0.1%   05/22/2015   05/20/2015    
Loan   53   Ferndale Avenue Shoppes   0.3%   07/31/2015   07/29/2015   Refinance
Loan   54   Courtyard Self Storage   0.3%   09/17/2015   08/24/2015   Refinance
Loan   55   Bayonne MHP   0.3%   07/01/2015   07/01/2015   Refinance
Loan   56   Best Western Cleveland Airport   0.3%   08/24/2015   08/14/2015   Acquisition
Loan   57   Eureka Crossings   0.2%   07/30/2015   09/08/2015   Refinance
Loan   58   Family Dollar - Rose Hill (36)   0.1%   05/18/2015   05/18/2015   Acquisition
Loan   59   Family Dollar - Moultrie (36)   0.1%   05/19/2015   05/17/2015   Acquisition
Loan   60   Family Dollar - Biscoe (36)   0.1%   05/19/2015   05/18/2015   Acquisition
Loan   61   Family Dollar - Rockingham (36)   0.1%   05/18/2015   05/14/2015   Acquisition
Loan   62   Dollar General - De Soto (36)   0.1%   08/14/2015   08/17/2015   Acquisition

 

A-1-28
 

 

COMM 2015-LC23  
                 
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                 
            % of    
Property           Initial Pool    
Flag   ID   Property Name   Balance   Sponsor (26)
Loan   1   Equity Inns Portfolio (33)   8.3%   American Realty Capital Hospitality Trust, Inc.
Property   1.01   Homewood Suites Seattle   1.5%    
Property   1.02   Homewood Suites Orlando   0.7%    
Property   1.03   Courtyard Carlsbad   0.5%    
Property   1.04   Courtyard Houston   0.5%    
Property   1.05   Homewood Suites Stratford   0.4%    
Property   1.06   Hampton Inn Urbana   0.4%    
Property   1.07   Springhill Suites Asheville   0.4%    
Property   1.08   Hilton Garden Inn Louisville   0.4%    
Property   1.09   Hampton Inn Orlando   0.4%    
Property   1.10   Hampton Inn Austin   0.4%    
Property   1.11   Hampton Inn College Station   0.4%    
Property   1.12   Hampton Inn Indianapolis   0.3%    
Property   1.13   TownePlace Suites Savannah   0.3%    
Property   1.14   Hampton Inn East Lansing   0.3%    
Property   1.15   Hampton Inn Naperville   0.3%    
Property   1.16   Hilton Garden Inn Rio Rancho   0.3%    
Property   1.17   Courtyard Dalton   0.2%    
Property   1.18   Hampton Inn Alcoa   0.2%    
Property   1.19   Homewood Suites Augusta   0.2%    
Property   1.20   Residence Inn Jacksonville   0.2%    
Property   1.21   Hampton Inn Milford   0.1%    
Loan   2   32 Avenue of the Americas (33)(36)   7.3%   Jack Rudin; William C. Rudin; Eric C. Rudin; Beth Rudin DeWoody
Loan   3   11 Madison Avenue (33)(34)(35)   7.2%   SL Green Realty Corp.
Loan   4   1209 DeKalb (35)(36)   4.8%   Joshua Crane, Robert Schwartz
Loan   5   Good Samaritan Medical Tower (36)   4.4%   Edward G. Hudson
Loan   6   Harvey Building Products Portfolio (33)   4.4%   Dunes Point Capital
Property   6.01   Londonderry Manufacturing   0.8%    
Property   6.02   Waltham Corporate   0.4%    
Property   6.03   Dartmouth Manufacturing   0.4%    
Property   6.04   Nashua   0.2%    
Property   6.05   West Bridgewater   0.2%    
Property   6.06   Woburn   0.2%    
Property   6.07   Manchester, NH   0.2%    
Property   6.08   New London   0.1%    
Property   6.09   East Haven   0.1%    
Property   6.10   Salem   0.1%    
Property   6.11   Bethlehem   0.1%    
Property   6.12   Lincoln   0.1%    
Property   6.13   Berlin   0.1%    
Property   6.14   Woburn CPD   0.1%    
Property   6.15   Norwalk   0.1%    
Property   6.16   Dartmouth   0.1%    
Property   6.17   Braintree   0.1%    
Property   6.18   Manchester, CT   0.1%    
Property   6.19   Portland   0.1%    
Property   6.20   Norwalk   0.1%    
Property   6.21   Warwick   0.1%    
Property   6.22   Fitchburg   0.1%    
Property   6.23   Auburn   0.1%    
Property   6.24   Portsmouth   0.1%    
Property   6.25   Southampton   0.0%    
Property   6.26   Hyannis   0.0%    
Property   6.27   Wilkes-Barre   0.0%    
Property   6.28   Berlin CPD   0.0%    
Property   6.29   Springfield   0.0%    
Property   6.30   White River Junction   0.0%    
Loan   7   Beach House Hilton Head (36)   4.2%   Mark Mance; Simon Hallgarten; David Zeuske; Matthew Trevenen
Loan   8   Whitehall Hotel   3.7%   Su-Mei Yen; Hui-Hsien Bert Yen
Loan   9   611 Cowper   3.4%   Stephen Reller; Mark Moragne
Loan   10   Springfield Mall (33)   3.4%   PREIT Associates, L.P.; Simon Property Group, L.P.
Loan   11   Laguna Niguel Town Center   2.8%   Robert F. Buie; Robert F. Buie, as Trustee of the Robert F. Buie and Pamela I. Buie Family Trust Under Trust Agreement; Jeffry L. Stoddard; Jeffry L. Stoddard, as Trustee of the Jeff and Kris Stoddard Living Trust
Loan   12   Hacienda Gardens   2.5%   Michael T. LaBarbera; Robert B. Facchino, II
Loan   13   Washington Plaza   2.4%   Dennis Needleman
Loan   14   Carrollwood Station   2.2%   LMA Limited Partnership; Glider LLC
Loan   15   Murrieta Spectrum   2.1%   Steve ChengChe Chou; TsuHo Lee
Loan   16   Westin Lake Mary   2.1%   Mohana R. Velagapudi; K. Rao Yedla; Srinath R. Yedla; Satya N. Yedla

 

A-1-29
 

 

                 
COMM 2015-LC23  
                 
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                 
            % of    
Property           Initial Pool    
Flag   ID   Property Name   Balance   Sponsor (26)
Loan   17   Lake Creek Festival   2.1%   William Bernstein Qualified Terminable Interest Property Trust; RBC Miller Brothers Trust; Richard Miller; Craig Miller; Barton Miller
Loan   18   Wedgewood Building   2.0%   Gregory L. Geiser; David R. Wehrly; Darin Puhl
Loan   19   Kenhorst Plaza   1.9%   Paul Sub
Loan   20   Addison Town Center   1.7%   Herbert D. Weitzman
Loan   21   A&H Olympic   1.5%   Moshe Aflalo; Efrem Harkham; Uri Harkham
Loan   22   Brentwood Retail Center (35)   1.4%   Bryan Gordon
Loan   23   A&H Maple Avenue   1.4%   Moshe Aflalo; Efrem Harkham; Uri Harkham
Loan   24   BJs Montgomeryville   1.2%   Richard Birdoff
Loan   25   Colerain Center   1.2%   Bryan Berkett; David Rifkind
Loan   26   Whitewater Place   1.2%   David M. Conwill; Steven B. Kimmelman; Keith Ritz; Steven B. Kimmelman as Trustee of The Jerome Kimmelman Gift Trust; Keith Ritz as Trustee of The Sanford L. Ritz Gift Trust
Loan   27   Brown Street Centre   1.2%   Todd Mooney
Loan   28   Biltmore Parks Apartments   1.1%   Alan J. Hayman
Loan   29   Ortega Village - Retail   1.1%   Robert F. Buie; Robert F. Buie, as Trustee of the Robert F. Buie and Pamela I. Buie Family Trust Under Trust Agreement; Jeffry L. Stoddard, as Trustee of the Jeff and Kris Stoddard Living Trust
Loan   30   Landings Shops and Offices   0.9%   Herman R. Kopf Revocable Trust Dated January 5, 2006; Herman R. Kopf
Property   30.01   Landings Shops and Offices   0.5%    
Property   30.02   Progressive Properties   0.3%    
Property   30.03   Kopf Offices   0.2%    
Loan   31   Terraces on Second   0.9%   Rodney Poole
Loan   32   75 Executive Drive (36)   0.9%   Andrew J. Segal
Loan   33   Best Buy Boca Raton   0.8%   Gittel Bausk
Loan   34   Somerset Apartments   0.8%   David Burns, Debra Dout
Loan   35   Walgreens VA Beach   0.8%   Joseph Plotnick; Chris Steiner; Howard Hertz; Jeffrey Leibovitz; Darryl Stineman; John Hobson
Loan   36   Holiday Inn Express & Suites Rockport   0.8%   Kanti Bhakta; Divyeshbhai Bhakta; Satish Patel; Raju Bhagat
Loan   37   Commons at Pembroke   0.7%   Nasser Ahmad; Cyrus Boga
Loan   38   Monument Creek (36)   0.7%   Ross H. Partrich
Loan   39   High Country Plaza   0.7%   Robert F. Buie; Robert F. Buie, as Trustee of the Robert F. Buie and Pamela I. Buie Family Trust Under Trust Agreement; Jeffry L. Stoddard, as Trustee of the Jeff and Kris Stoddard Living Trust
Loan   40   Williamsburg Center   0.7%   Robert G. Wolfe
Property   40.01   1734 Corporate Crossing   0.2%    
Property   40.02   1728 Corporate Crossing   0.2%    
Property   40.03   1722 Corporate Crossing   0.1%    
Property   40.04   1035 East Gate Drive   0.1%    
Property   40.05   735 Seibert Road   0.1%    
Property   40.06   703 Seibert Road   0.0%    
Property   40.07   723 Seibert Road   0.0%    
Loan   41   Shops at Cardiff Ranch   0.7%   Randall D. Keith
Loan   42   Cobblestone Court II   0.5%   Louis J. Masi; Mary Louise Szefc
Loan   43   Hampton Inn & Suites – Portland   0.5%   Mahavir Bhagat; Vilina Bhagat
Loan   44   40 Wall Street (33)   0.5%   Donald J. Trump
Loan   45   Palisades of Bridgeport   0.5%   Wilfredo Santos
Loan   46   Walgreens Frisco TX   0.4%   Michael D. Gorge
Loan   47   Walgreens-Goodwill Missouri TX   0.4%   Michael D. Gorge
Loan   48   Warsaw Village   0.4%   William R. Elliott; Thomas E. Messier
Loan   49   Walton Shoppes   0.4%   Nisreen Jonna; Jordan Jonna; Scott Jonna
Loan   50   Ortega Village- Pads   0.4%   Robert F. Buie; Robert F. Buie, as Trustee of the Robert F. Buie and Pamela I. Buie Family Trust Under Trust Agreement; Jeffry L. Stoddard, as Trustee of the Jeff and Kris Stoddard Living Trust
Loan   51   691 14th Street Retail   0.4%   J. Christopher Faussemagne; Michael Millett
Loan   52   Monte & Wishing Well   0.3%   Jeffrey N. Cohen; Dennis S. Cohen
Property   52.01   Monte Carlo MHC   0.2%    
Property   52.02   Wishing Well MHP   0.1%    
Loan   53   Ferndale Avenue Shoppes   0.3%   Jordan Jonna; Scott Jonna
Loan   54   Courtyard Self Storage   0.3%   Edward P. McKenzie
Loan   55   Bayonne MHP   0.3%   Min Kim
Loan   56   Best Western Cleveland Airport   0.3%   Anand Bhakta
Loan   57   Eureka Crossings   0.2%   Nisreen Jonna; Jordan Jonna; Scott Jonna
Loan   58   Family Dollar - Rose Hill (36)   0.1%   Ladder Capital CRE Equity LLC
Loan   59   Family Dollar - Moultrie (36)   0.1%   Ladder Capital CRE Equity LLC
Loan   60   Family Dollar - Biscoe (36)   0.1%   Ladder Capital CRE Equity LLC
Loan   61   Family Dollar - Rockingham (36)   0.1%   Ladder Capital CRE Equity LLC
Loan   62   Dollar General - De Soto (36)   0.1%   Ladder Capital CRE Equity LLC

 

A-1-30
 

 

COMM 2015-LC23  
                 
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                 
            % of    
Property           Initial Pool    
Flag   ID   Property Name   Balance   Guarantor
Loan   1   Equity Inns Portfolio (33)   8.3%   American Realty Capital Hospitality Trust, Inc.
Property   1.01   Homewood Suites Seattle   1.5%    
Property   1.02   Homewood Suites Orlando   0.7%    
Property   1.03   Courtyard Carlsbad   0.5%    
Property   1.04   Courtyard Houston   0.5%    
Property   1.05   Homewood Suites Stratford   0.4%    
Property   1.06   Hampton Inn Urbana   0.4%    
Property   1.07   Springhill Suites Asheville   0.4%    
Property   1.08   Hilton Garden Inn Louisville   0.4%    
Property   1.09   Hampton Inn Orlando   0.4%    
Property   1.10   Hampton Inn Austin   0.4%    
Property   1.11   Hampton Inn College Station   0.4%    
Property   1.12   Hampton Inn Indianapolis   0.3%    
Property   1.13   TownePlace Suites Savannah   0.3%    
Property   1.14   Hampton Inn East Lansing   0.3%    
Property   1.15   Hampton Inn Naperville   0.3%    
Property   1.16   Hilton Garden Inn Rio Rancho   0.3%    
Property   1.17   Courtyard Dalton   0.2%    
Property   1.18   Hampton Inn Alcoa   0.2%    
Property   1.19   Homewood Suites Augusta   0.2%    
Property   1.20   Residence Inn Jacksonville   0.2%    
Property   1.21   Hampton Inn Milford   0.1%    
Loan   2   32 Avenue of the Americas (33)(36)   7.3%   NAP
Loan   3   11 Madison Avenue (33)(34)(35)   7.2%   SL Green Realty Corp.
Loan   4   1209 DeKalb (35)(36)   4.8%   Joshua Crane, Robert Schwartz
Loan   5   Good Samaritan Medical Tower (36)   4.4%   Edward G. Hudson
Loan   6   Harvey Building Products Portfolio (33)   4.4%   Harvey Parent Corporation
Property   6.01   Londonderry Manufacturing   0.8%    
Property   6.02   Waltham Corporate   0.4%    
Property   6.03   Dartmouth Manufacturing   0.4%    
Property   6.04   Nashua   0.2%    
Property   6.05   West Bridgewater   0.2%    
Property   6.06   Woburn   0.2%    
Property   6.07   Manchester, NH   0.2%    
Property   6.08   New London   0.1%    
Property   6.09   East Haven   0.1%    
Property   6.10   Salem   0.1%    
Property   6.11   Bethlehem   0.1%    
Property   6.12   Lincoln   0.1%    
Property   6.13   Berlin   0.1%    
Property   6.14   Woburn CPD   0.1%    
Property   6.15   Norwalk   0.1%    
Property   6.16   Dartmouth   0.1%    
Property   6.17   Braintree   0.1%    
Property   6.18   Manchester, CT   0.1%    
Property   6.19   Portland   0.1%    
Property   6.20   Norwalk   0.1%    
Property   6.21   Warwick   0.1%    
Property   6.22   Fitchburg   0.1%    
Property   6.23   Auburn   0.1%    
Property   6.24   Portsmouth   0.1%    
Property   6.25   Southampton   0.0%    
Property   6.26   Hyannis   0.0%    
Property   6.27   Wilkes-Barre   0.0%    
Property   6.28   Berlin CPD   0.0%    
Property   6.29   Springfield   0.0%    
Property   6.30   White River Junction   0.0%    
Loan   7   Beach House Hilton Head (36)   4.2%   Mark Mance; Simon Hallgarten; David Zeuske; Matthew Trevenen
Loan   8   Whitehall Hotel   3.7%   Su-Mei Yen; Hui-Hsien Bert Yen
Loan   9   611 Cowper   3.4%   Stephen Reller; Mark Moragne
Loan   10   Springfield Mall (33)   3.4%   PREIT Associates, L.P.; Simon Property Group, L.P.
Loan   11   Laguna Niguel Town Center   2.8%   Robert F. Buie; Robert F. Buie, as Trustee of the Robert F. Buie and Pamela I. Buie Family Trust Under Trust Agreement; Jeffry L. Stoddard; Jeffry L. Stoddard, as Trustee of the Jeff and Kris Stoddard Living Trust
Loan   12   Hacienda Gardens   2.5%   Michael T. LaBarbera; Robert B. Facchino, II
Loan   13   Washington Plaza   2.4%   Dennis Needleman
Loan   14   Carrollwood Station   2.2%   LMA Limited Partnership; Glider LLC
Loan   15   Murrieta Spectrum   2.1%   Steve ChengChe Chou; TsuHo Lee
Loan   16   Westin Lake Mary   2.1%   Mohana R. Velagapudi; K. Rao Yedla; Srinath R. Yedla; Satya N. Yedla

 

A-1-31
 

 

                 
COMM 2015-LC23  
                 
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                 
            % of    
Property           Initial Pool    
Flag   ID   Property Name   Balance   Guarantor
Loan   17   Lake Creek Festival   2.1%   William Bernstein Qualified Terminable Interest Property Trust; RBC Miller Brothers Trust; Richard Miller; Craig Miller; Barton Miller
Loan   18   Wedgewood Building   2.0%   Gregory L. Geiser; David R. Wehrly; Darin Puhl
Loan   19   Kenhorst Plaza   1.9%   Paul Sub
Loan   20   Addison Town Center   1.7%   Herbert D. Weitzman
Loan   21   A&H Olympic   1.5%   Moshe Aflalo; Efrem Harkham; Uri Harkham
Loan   22   Brentwood Retail Center (35)   1.4%   Bryan Gordon
Loan   23   A&H Maple Avenue   1.4%   Moshe Aflalo; Efrem Harkham; Uri Harkham
Loan   24   BJs Montgomeryville   1.2%   Richard Birdoff
Loan   25   Colerain Center   1.2%   Bryan Berkett; David Rifkind
Loan   26   Whitewater Place   1.2%   David M. Conwill; Steven B. Kimmelman; Keith Ritz; Steven B. Kimmelman as Trustee of The Jerome Kimmelman Gift Trust; Keith Ritz as Trustee of The Sanford L. Ritz Gift Trust
Loan   27   Brown Street Centre   1.2%   Todd Mooney
Loan   28   Biltmore Parks Apartments   1.1%   Alan J. Hayman
Loan   29   Ortega Village - Retail   1.1%   Robert F. Buie; Robert F. Buie, as Trustee of the Robert F. Buie and Pamela I. Buie Family Trust Under Trust Agreement; Jeffry L. Stoddard, as Trustee of the Jeff and Kris Stoddard Living Trust
Loan   30   Landings Shops and Offices   0.9%   Herman R. Kopf Revocable Trust Dated January 5, 2006; Herman R. Kopf
Property   30.01   Landings Shops and Offices   0.5%    
Property   30.02   Progressive Properties   0.3%    
Property   30.03   Kopf Offices   0.2%    
Loan   31   Terraces on Second   0.9%   Rodney Poole
Loan   32   75 Executive Drive (36)   0.9%   Andrew J. Segal
Loan   33   Best Buy Boca Raton   0.8%   Gittel Bausk
Loan   34   Somerset Apartments   0.8%   David Burns, Debra Dout
Loan   35   Walgreens VA Beach   0.8%   Joseph Plotnick; Chris Steiner; Howard Hertz; Jeffrey Leibovitz; Darryl Stineman; John Hobson
Loan   36   Holiday Inn Express & Suites Rockport   0.8%   Kanti Bhakta; Divyeshbhai Bhakta; Satish Patel; Raju Bhagat
Loan   37   Commons at Pembroke   0.7%   Nasser Ahmad; Cyrus Boga
Loan   38   Monument Creek (36)   0.7%   Ross H. Partrich
Loan   39   High Country Plaza   0.7%   Robert F. Buie; Robert F. Buie, as Trustee of the Robert F. Buie and Pamela I. Buie Family Trust Under Trust Agreement; Jeffry L. Stoddard, as Trustee of the Jeff and Kris Stoddard Living Trust
Loan   40   Williamsburg Center   0.7%   Robert G. Wolfe
Property   40.01   1734 Corporate Crossing   0.2%    
Property   40.02   1728 Corporate Crossing   0.2%    
Property   40.03   1722 Corporate Crossing   0.1%    
Property   40.04   1035 East Gate Drive   0.1%    
Property   40.05   735 Seibert Road   0.1%    
Property   40.06   703 Seibert Road   0.0%    
Property   40.07   723 Seibert Road   0.0%    
Loan   41   Shops at Cardiff Ranch   0.7%   Randall D. Keith
Loan   42   Cobblestone Court II   0.5%   Louis J. Masi; Mary Louise Szefc
Loan   43   Hampton Inn & Suites – Portland   0.5%   Mahavir Bhagat; Vilina Bhagat
Loan   44   40 Wall Street (33)   0.5%   Donald J. Trump
Loan   45   Palisades of Bridgeport   0.5%   Wilfredo Santos
Loan   46   Walgreens Frisco TX   0.4%   Michael D. Gorge
Loan   47   Walgreens-Goodwill Missouri TX   0.4%   Michael D. Gorge
Loan   48   Warsaw Village   0.4%   William R. Elliott; Thomas E. Messier
Loan   49   Walton Shoppes   0.4%   Nisreen Jonna; Jordan Jonna; Scott Jonna
Loan   50   Ortega Village- Pads   0.4%   Robert F. Buie; Robert F. Buie, as Trustee of the Robert F. Buie and Pamela I. Buie Family Trust Under Trust Agreement; Jeffry L. Stoddard, as Trustee of the Jeff and Kris Stoddard Living Trust
Loan   51   691 14th Street Retail   0.4%   J. Christopher Faussemagne; Michael Millett
Loan   52   Monte & Wishing Well   0.3%   Jeffrey N. Cohen; Dennis S. Cohen
Property   52.01   Monte Carlo MHC   0.2%    
Property   52.02   Wishing Well MHP   0.1%    
Loan   53   Ferndale Avenue Shoppes   0.3%   Jordan Jonna; Scott Jonna
Loan   54   Courtyard Self Storage   0.3%   Edward P. McKenzie
Loan   55   Bayonne MHP   0.3%   Min Kim
Loan   56   Best Western Cleveland Airport   0.3%   Anand Bhakta
Loan   57   Eureka Crossings   0.2%   Nisreen Jonna; Jordan Jonna; Scott Jonna
Loan   58   Family Dollar - Rose Hill (36)   0.1%   Ladder Capital CRE Equity LLC
Loan   59   Family Dollar - Moultrie (36)   0.1%   Ladder Capital CRE Equity LLC
Loan   60   Family Dollar - Biscoe (36)   0.1%   Ladder Capital CRE Equity LLC
Loan   61   Family Dollar - Rockingham (36)   0.1%   Ladder Capital CRE Equity LLC
Loan   62   Dollar General - De Soto (36)   0.1%   Ladder Capital CRE Equity LLC

 

A-1-32
 

 

COMM 2015-LC23              
                             
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES    
                             
            % of       Existing       Future Debt
Property           Initial Pool       Additional Debt       Permitted
Flag   ID   Property Name   Balance   Previous Securitization   Amount   Existing Additional Debt Description   Type
Loan   1   Equity Inns Portfolio (33)   8.3%       227,780,091   $152,000,000 Pari Passu Debt; $75,780,091 Preferred Equity   NAP
Property   1.01   Homewood Suites Seattle   1.5%                
Property   1.02   Homewood Suites Orlando   0.7%                
Property   1.03   Courtyard Carlsbad   0.5%                
Property   1.04   Courtyard Houston   0.5%                
Property   1.05   Homewood Suites Stratford   0.4%                
Property   1.06   Hampton Inn Urbana   0.4%                
Property   1.07   Springhill Suites Asheville   0.4%                
Property   1.08   Hilton Garden Inn Louisville   0.4%                
Property   1.09   Hampton Inn Orlando   0.4%                
Property   1.10   Hampton Inn Austin   0.4%                
Property   1.11   Hampton Inn College Station   0.4%                
Property   1.12   Hampton Inn Indianapolis   0.3%                
Property   1.13   TownePlace Suites Savannah   0.3%                
Property   1.14   Hampton Inn East Lansing   0.3%                
Property   1.15   Hampton Inn Naperville   0.3%                
Property   1.16   Hilton Garden Inn Rio Rancho   0.3%                
Property   1.17   Courtyard Dalton   0.2%                
Property   1.18   Hampton Inn Alcoa   0.2%                
Property   1.19   Homewood Suites Augusta   0.2%                
Property   1.20   Residence Inn Jacksonville   0.2%                
Property   1.21   Hampton Inn Milford   0.1%                
Loan   2   32 Avenue of the Americas (33)(36)   7.3%   BSCMS 2007-PWR17   355,000,000   $355,000,000 Pari Passu Debt   Mezzanine
Loan   3   11 Madison Avenue (33)(34)(35)   7.2%   CSMCS 2006-C4   1,330,400,000   $694,730,000 Pari Passu Debt; $310,670,000 Subordinate Secured Debt; $325,000,000 Mezzanine Debt   NAP
Loan   4   1209 DeKalb (35)(36)   4.8%       8,500,000   Mezzanine Debt   Mezzanine
Loan   5   Good Samaritan Medical Tower (36)   4.4%   MLMT 2005-LC1       None   Mezzanine
Loan   6   Harvey Building Products Portfolio (33)   4.4%       67,925,164   Pari Passu Debt   Senior Secured Debt
Property   6.01   Londonderry Manufacturing   0.8%                
Property   6.02   Waltham Corporate   0.4%                
Property   6.03   Dartmouth Manufacturing   0.4%                
Property   6.04   Nashua   0.2%                
Property   6.05   West Bridgewater   0.2%                
Property   6.06   Woburn   0.2%                
Property   6.07   Manchester, NH   0.2%                
Property   6.08   New London   0.1%                
Property   6.09   East Haven   0.1%                
Property   6.10   Salem   0.1%                
Property   6.11   Bethlehem   0.1%                
Property   6.12   Lincoln   0.1%                
Property   6.13   Berlin   0.1%                
Property   6.14   Woburn CPD   0.1%                
Property   6.15   Norwalk   0.1%                
Property   6.16   Dartmouth   0.1%                
Property   6.17   Braintree   0.1%                
Property   6.18   Manchester, CT   0.1%                
Property   6.19   Portland   0.1%                
Property   6.20   Norwalk   0.1%                
Property   6.21   Warwick   0.1%                
Property   6.22   Fitchburg   0.1%                
Property   6.23   Auburn   0.1%                
Property   6.24   Portsmouth   0.1%                
Property   6.25   Southampton   0.0%                
Property   6.26   Hyannis   0.0%                
Property   6.27   Wilkes-Barre   0.0%                
Property   6.28   Berlin CPD   0.0%                
Property   6.29   Springfield   0.0%                
Property   6.30   White River Junction   0.0%                
Loan   7   Beach House Hilton Head (36)   4.2%           None   Mezzanine
Loan   8   Whitehall Hotel   3.7%   GCCFC 2005-GG5       None   NAP
Loan   9   611 Cowper   3.4%           None   NAP
Loan   10   Springfield Mall (33)   3.4%       32,460,817   Pari Passu Debt   NAP
Loan   11   Laguna Niguel Town Center   2.8%   MSC 2005-HQ7       None   NAP
Loan   12   Hacienda Gardens   2.5%           None   NAP
Loan   13   Washington Plaza   2.4%   MLCFC 2006-4       None   NAP
Loan   14   Carrollwood Station   2.2%           None   NAP
Loan   15   Murrieta Spectrum   2.1%   GSMS 2006-GG6       None   NAP
Loan   16   Westin Lake Mary   2.1%           None   NAP

 

A-1-33
 

 

                             
COMM 2015-LC23              
                             
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES    
                             
            % of       Existing       Future Debt
Property           Initial Pool       Additional Debt       Permitted
Flag   ID   Property Name   Balance   Previous Securitization   Amount   Existing Additional Debt Description   Type
Loan   17   Lake Creek Festival   2.1%   CD 2006-CD2       None   NAP
Loan   18   Wedgewood Building   2.0%           None   NAP
Loan   19   Kenhorst Plaza   1.9%   JPMCC 2005-LDP4       None   NAP
Loan   20   Addison Town Center   1.7%           None   NAP
Loan   21   A&H Olympic   1.5%   MLMT 2006-C1       None   NAP
Loan   22   Brentwood Retail Center (35)   1.4%   CSMC 2006-C5   2,000,000   Mezzanine Debt   NAP
Loan   23   A&H Maple Avenue   1.4%   CSMC 2006-C1       None   NAP
Loan   24   BJs Montgomeryville   1.2%           None   NAP
Loan   25   Colerain Center   1.2%   CSMC 2007-C2       None   NAP
Loan   26   Whitewater Place   1.2%           None   NAP
Loan   27   Brown Street Centre   1.2%           None   NAP
Loan   28   Biltmore Parks Apartments   1.1%   CSMC 2006-C3       None   NAP
Loan   29   Ortega Village - Retail   1.1%   MSC 2006-HQ8       None   NAP
Loan   30   Landings Shops and Offices   0.9%   GMACC 2006-C1       None   NAP
Property   30.01   Landings Shops and Offices   0.5%                
Property   30.02   Progressive Properties   0.3%                
Property   30.03   Kopf Offices   0.2%                
Loan   31   Terraces on Second   0.9%           None   NAP
Loan   32   75 Executive Drive (36)   0.9%   WBCMT 2003-C3       None   Mezzanine
Loan   33   Best Buy Boca Raton   0.8%           None   NAP
Loan   34   Somerset Apartments   0.8%           None   NAP
Loan   35   Walgreens VA Beach   0.8%           None   NAP
Loan   36   Holiday Inn Express & Suites Rockport   0.8%           None   NAP
Loan   37   Commons at Pembroke   0.7%           None   NAP
Loan   38   Monument Creek (36)   0.7%   FNA 2014-M5       None   Mezzanine
Loan   39   High Country Plaza   0.7%   MSC 2005-HQ7       None   NAP
Loan   40   Williamsburg Center   0.7%           None   NAP
Property   40.01   1734 Corporate Crossing   0.2%                
Property   40.02   1728 Corporate Crossing   0.2%                
Property   40.03   1722 Corporate Crossing   0.1%                
Property   40.04   1035 East Gate Drive   0.1%                
Property   40.05   735 Seibert Road   0.1%                
Property   40.06   703 Seibert Road   0.0%                
Property   40.07   723 Seibert Road   0.0%                
Loan   41   Shops at Cardiff Ranch   0.7%           None   NAP
Loan   42   Cobblestone Court II   0.5%           None   NAP
Loan   43   Hampton Inn & Suites – Portland   0.5%           None   NAP
Loan   44   40 Wall Street (33)   0.5%       153,776,230   Pari Passu Debt   NAP
Loan   45   Palisades of Bridgeport   0.5%           None   NAP
Loan   46   Walgreens Frisco TX   0.4%           None   NAP
Loan   47   Walgreens-Goodwill Missouri TX   0.4%   CSFB 2005-C5       None   NAP
Loan   48   Warsaw Village   0.4%   GCCFC 2005-GG5       None   NAP
Loan   49   Walton Shoppes   0.4%           None   NAP
Loan   50   Ortega Village- Pads   0.4%   MSC 2006-HQ8       None   NAP
Loan   51   691 14th Street Retail   0.4%           None   NAP
Loan   52   Monte & Wishing Well   0.3%           None   NAP
Property   52.01   Monte Carlo MHC   0.2%                
Property   52.02   Wishing Well MHP   0.1%                
Loan   53   Ferndale Avenue Shoppes   0.3%           None   NAP
Loan   54   Courtyard Self Storage   0.3%           None   NAP
Loan   55   Bayonne MHP   0.3%   LBUBS 2005-C7       None   NAP
Loan   56   Best Western Cleveland Airport   0.3%           None   NAP
Loan   57   Eureka Crossings   0.2%           None   NAP
Loan   58   Family Dollar - Rose Hill (36)   0.1%           None   Mezzanine
Loan   59   Family Dollar - Moultrie (36)   0.1%           None   Mezzanine
Loan   60   Family Dollar - Biscoe (36)   0.1%           None   Mezzanine
Loan   61   Family Dollar - Rockingham (36)   0.1%           None   Mezzanine
Loan   62   Dollar General - De Soto (36)   0.1%           None   Mezzanine

 

A-1-34
 

 

 

FOOTNOTES TO ANNEX A-1

 

(1)GACC—German American Capital Corporation or one of its affiliates; LCF—Ladder Capital Finance LLC or one of its affiliates; CCRE—Cantor Commercial Real Estate Lending, L.P. or one of its affiliates; JLC—Jefferies LoanCore LLC or one of its affiliates.

  

(2)Loan No. 1 – Equity Inns Portfolio – The Original Balance ($) of $80.0 million and Cut-off Date Balance ($) of $80.0 million represent the $48.0 million controlling Note A-1-A and $32.0 million non-controlling note A-4-A of a $232.0 million whole loan evidenced by nine pari passu notes. The pari passu companion loans are comprised of the non controlling Notes A-1-B, with an original principal balance of $12 million, A-2-A, with an original principal balance of $30 million, A-2-B, with an original principal balance of $9.6 million, A-3, with an original principal amount of $39.6 million, A-4-B, with an original principal amount of $8.0 million, and A-5 and A-6, with an original principal amount of $26.4 million each.

  

Loan No. 2 – 32 Avenue of the Americas – The Original Balance ($) and Cut-off Date Balance ($) of $70.0 million represents the non-controlling Note A-4 of a $425.0 million whole loan evidenced by five pari passu notes. The pari passu companion loans are the non-controlling Note A-5 in the original principal amount of $57.5 million, which is currently held by GACC or an affiliate, and the controlling Note A-1, non-controlling Note A-2 and non-controlling Note A-3, in the aggregate original principal amount of $297.5 million, which are all currently held by JP Morgan Chase Bank, N.A. or an affiliate.

  

Loan No. 3 – 11 Madison Avenue – The Original Balance ($) and Cut-off Date Balance ($) of $69.6 million represents the non-controlling Note A-1-C3 of a $1.075 billion whole loan evidenced by sixteen senior pari passu and three subordinate notes. The remaining notes include twelve notes that have been included in the MAD 2015-11MD transaction, including the nine non-controlling senior pari passu companion Notes A-1-S1, A-1-S2, A-1-S3, A-2-S1, A-2-S2, A-2-S3, A-3-S1, A-3-S2, A-3-S3 in the original principal amount of $397.53 million and the controlling three subordinate pari passu Notes B-1-S, B-2-S, B-3-S in the original principal amount of $310.67 million; the non-controlling pari passu Note A-1-C1 that has been included in the COMM 2015-CCRE26 transaction in the original principal amount of $70.0 million; the non-controlling pari passu Note A-1-C2 that has been included in the COMM 2015-CCRE27 transaction in the original principal amount of $70.0 million; the pari passu notes held by Morgan Stanley Bank, N.A. or an affiliate or a securitization trust as to which it is a loan seller, including two senior non-controlling Notes A-2-C1 and A-2-C2 in the aggregate original principal amount of $91.7 million; and the pari passu notes held by Wells Fargo Bank, or an affiliate or a securitization trust as to which it is a loan seller, including the senior non-controlling Note A-3-C1 that is included in the WFCM 2015-NXS3 transaction in the original principal amount of $35.0 million and the senior non-controlling Note A-3-C2 in the aggregate original principal amount of $30.5 million. With respect to the 11 Madison Avenue loan combination, so long as the 11 Madison Avenue subordinate companion loans are included in the MAD 2015-11MD mortgage trust, there will be no directing holder with respect to such loan combination.

  

Loan No. 6 – Harvey Building Products Portfolio – The Original Balance ($) of $42.0 million and Cut-off Date Balance ($) of approximately $41.95 million represent the controlling Note A-1 of a $110.0 million whole loan evidenced by three pari passu notes. The pari passu companion loans are comprised of the non-controlling Note A-2 and non-controlling Note A-3, with an aggregate outstanding principal amount of approximately $67.9 million, which are expected to be included in future securitizations.

   

Loan No. 10 – Springfield Mall - The Original Balance and Cut-off Date Balance of $32.5 million and $32.46 million, respectively, represent the controlling Note A-1 of a $65.0 million whole loan evidenced by two pari passu notes. The pari passu companion loan is the non-controlling Note A-2 in the outstanding principal amount of approximately $32.46 million, which is currently held by CCRE.

  

Loan No. 44 – 40 Wall Street – The Original Balance ($) of $5.0 million and Cut-off Date Balance ($) of approximately $4.96 million represent the non-controlling Note A-1-B of a $160.0 million whole loan evidenced by four pari passu notes. The pari passu companion loans are comprised of the controlling Note A-1-A and the non-controlling Note A-2, with an aggregate outstanding principal amount of approximately $94.2 million and the non-controlling Note A-3, with an outstanding principal amount of approximately $59.5 million. The pari passu Note A-1-A and Note A-2 were included in the WFCM 2015-LC22 and the pari passu note A-3 was included in the COMM 2015-CCRE24.

  

(3)With respect to any Mortgaged Property securing a multi-property Mortgage Loan, the amounts listed under the headings “Original Balance ($)” and “Cut-off Date Balance ($)” reflect the Allocated Loan Amount related to such Mortgaged Property.

  

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(4)Loan No. 50 – Ortega Village- Pads – The Ortega Village- Pads Mortgaged Property’s Net Rentable Area (SF/Units/Rooms/Pads/Beds) of 16,601 sq. ft. reflects 6,810 sq. ft. of retail space and 9,791 sq. ft. of medical office space.

   

(5)Loan No. 2 – 32 Avenue of the Americas – The 32 Avenue of the Americas Mortgaged Property is listed on the National Register of Historic Places. Because of this historic landmark status, any alteration to the exterior historical elements of the building requires Historic Resource Review, in accordance with New York City’s Landmark Preservation Commission.

  

(6)Loan No. 58 – Family Dollar - Rose Hill – The Family Dollar - Rose Hill Mortgage Loan has an ARD feature with an anticipated repayment date of October 6, 2025, with a revised interest rate for the period from the anticipated repayment date through the final maturity date of October 6, 2030 of the sum of the initial rate of 4.9400% and 4.0000%.

  

Loan No. 59 – Family Dollar – Moultrie – The Family Dollar - Moultrie Mortgage Loan has an ARD feature with an anticipated repayment date of October 6, 2025, with a revised interest rate for the period from the anticipated repayment date through the final maturity date of October 6, 2030 of the sum of the initial rate of 4.9400% and 4.0000%.

  

Loan No. 60 – Family Dollar – Biscoe – The Family Dollar – Biscoe Mortgage Loan has an ARD feature with an anticipated repayment date of October 6, 2025, with a revised interest rate for the period from the anticipated repayment date through the final maturity date of October 6, 2030 of the sum of the initial rate of 4.9400% and 4.0000%.

  

Loan No. 61 – Family Dollar – Rockingham – The Family Dollar – Rockingham Mortgage Loan has an ARD feature with an anticipated repayment date of October 6, 2025, with a revised interest rate for the period from the anticipated repayment date through the final maturity date of October 6, 2030 of the sum of the initial rate of 4.9400% and 4.0000%.

  

Loan No. 62 – Dollar General - De Soto – The Dollar General - De Soto Mortgage Loan has an ARD feature with an anticipated repayment date of October 6, 2025, with a revised interest rate for the period from the anticipated repayment date through the final maturity date of October 6, 2030 of the sum of the initial rate of 5.2100% and 4.0000%.

  

(7)The Administrative Fee Rate includes the respective per annum rates applicable to the calculation of the servicing fee, any sub-servicing fee, trustee/certificate administrator fee, operating advisor fee and CREFC® license fee with respect to each Mortgage Loan. For purposes of this Annex A-1, the definition of Administrative Fee Rate as it relates to any Non-Serviced Mortgage Loan includes the related Pari Passu Loan Primary Servicing Fee Rate which includes the “primary servicing fee rate” (as defined or set forth in the applicable pooling and servicing agreement) and any other related servicing fee rate (other than those payable to the applicable special servicer) applicable to such Non-Serviced Mortgage Loan that constitutes a portion of the “servicing fee rate” applicable to the other master servicer under the applicable other pooling and servicing agreement. The Pari Passu Loan Primary Servicing Fee Rate for the 32 Avenue of the Americas Loan will be such amount as set forth in the 32 Avenue of the Americas Pooling and Servicing Agreement on and after the 32 Avenue of the Americas Note A-1 Securitization Date. The Pari Passu Loan Primary Servicing Fee Rate for the 11 Madison Avenue Loan will be 0.00125%. The Pari Passu Loan Primary Servicing Fee Rate for the 40 Wall Street Loan will be 0.0025%.

  

(8)Annual Debt Service, Monthly Debt Service, Underwritten NOI DSCR and Underwritten NCF DSCR for Mortgage Loans (i) with partial interest only periods are shown based on the monthly debt service payment immediately following the expiration of the interest only period and (ii) that are interest only until the related maturity date are shown based on the interest only payments during the 12-month period following the Cut-off Date (or, in the case of Monthly Debt Service, the average of such interest only payments) without regard to leap year adjustments.

  

(9)“Hard” generally means each tenant is required to transfer its rent directly to the lender-controlled lockbox account. However, with respect to hospitality properties, “Hard” means all credit card receipts are deposited directly into the lockbox by the card processing company and all over-the-counter cash and equivalents are deposited by the property manager or borrower into the lockbox. “Soft” means the borrower has established a lockbox account that will be under lender control and the borrower or property manager must collect rents from the tenants and then deposit those rents into such lockbox account. “Springing Soft” means that upon

  

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the occurrence of a trigger event (as specified in the related Mortgage Loan Documents), the borrower is required to establish a lockbox account that will be under lender control and the borrower or property manager is required to collect rents from the tenants and then deposit those rents into such lockbox account. “Springing Hard” means that upon a trigger event (as specified in the related Mortgage Loan Documents), each tenant will be required to transfer its rent directly to a lender-controlled lockbox.

 

(10)“In Place” means that related property cash flows go through a waterfall of required reserve or other payment amounts due before the lender either (i) disburses excess cash to the related borrower or (ii) retains excess cash as additional collateral for the Mortgage Loan. “Springing” means that upon the occurrence of a trigger event, as defined in the related Mortgage Loan Documents, In Place cash management (as described above) will take effect, and will generally continue until all trigger events are cured (to the extent a cure is permitted under the related Mortgage Loan Documents).

  

(11)Loan No. 1 – Equity Inns Portfolio—The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-Off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the Mortgage Loan included in the issuing entity and the related pari passu companion loans in the aggregate.

  

Loan No. 2 – 32 Avenue of the Americas – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate.

  

Loan No. 3 – 11 Madison Avenue – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate.

  

Loan No. 6 – Harvey Building Products Portfolio—The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-Off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the Mortgage Loan included in the issuing entity and the related pari passu companion loans in the aggregate.

  

Loan No. 10 – Springfield Mall – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate.

  

Loan No. 44 – 40 Wall Street—The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-Off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the Mortgage Loan included in the issuing entity and the related pari passu companion loans in the aggregate.

  

(12)Loan No. 3 – 11 Madison Avenue – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area (SF/Units/Rooms/Pads/Beds)($) calculations exclude the 11 Madison Avenue subordinate secured debt.

  

(13)The grace periods noted under “Grace Period” reflect the number of days of grace before a payment default is an event of default. Certain jurisdictions impose a statutorily longer grace period. Certain of the Mortgage Loans may additionally be subject to grace periods with respect to the occurrence of an event of default (other than a payment default) and/or commencement of late charges which are not addressed in Annex A-1 to this free writing prospectus.

  

(14)Loan No. 1 – Equity Inns Portfolio – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value ($) are based on the portfolio appraised value of $360.0 million, which attributes a premium to the aggregate value of the Equity Inns Portfolio Mortgaged Properties as a whole. Based on the sum of the appraised values of the Equity Inns Portfolio Mortgaged Properties on an individual basis of $322.4 million, the Cut-off Date LTV is 72.0%.

  

Loan No. 9 – 611 Cowper – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value ($) are based on the “As Stabilized” value of $59.0 million, which assumes the punch list items have been

 

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completed and all free rent and TI allowance have been exhausted. Based on the “As-is” appraised value of $51.8 million, the Cut-off Date LTV is 63.5%.

  

(15)Prepayment Provisions are shown from the respective Mortgage Loan First Payment Date.

   

“L(x)” means lock-out for x payments.

  

“D(x)” means may be defeased for x payments.

  

“YM(x)” means may be prepaid for x payments with payment of the greater of a yield maintenance charge.

  

“YM1(x)” means may be prepaid for x payments with payment of the greater of a yield maintenance charge and 1% of the amount prepaid.

  

“YM2(x)” means may be prepaid for x payments with payment of the greater of a yield maintenance charge and 2% of the amount prepaid.

  

“DorYM(x)” means may be prepaid for x payments with either defeasance or a yield maintenance charge.

  

“1%(x)” means may be prepaid for x payments with payment of a prepayment premium equal to 1% of the amount prepaid.

  

“3%(x)” means may be prepaid for x payments with payment of a prepayment premium equal to 3% of the amount prepaid.

  

“4%(x)” means may be prepaid for x payments with payment of a prepayment premium equal to 4% of the amount prepaid.

  

“O(x)” means freely prepayable for x payments, including the maturity date or anticipated repayment date.

  

Certain Mortgage Loans permit the release of a portion of a Mortgaged Property (or an individual Mortgaged Property, in connection with a portfolio mortgage loan) under various circumstances, as described in this free writing prospectus. See “Description of the Mortgage Pool—Certain Terms and Conditions of the Mortgage Loans—Property Releases” in this free writing prospectus.

  

Loan No. 7 – Beach House Hilton Head – Defeasance of the Beach House Hilton Head Mortgage Loan is permitted for 91 payments after a lockout period. Beginning with the 59th payment after the lockout period, in lieu of defeasance, the borrower may prepay the mortgage loan in full, together with a prepayment penalty equal to (a) 4% if such prepayment is made on or after October 6, 2022 through October 5, 2023, 3% if such prepayment is made on or after October 6, 2023 through October 5, 2024 and 1% if such prepayment is made on or after October 6, 2024 through July 5, 2025. On or after July 6, 2025 through October 6, 2025, the Beach House Hilton Head mortgage loan may be prepaid without penalty.

  

(16)Loan No. 1 – Equity Inns Portfolio – The lockout period will be at least 25 payment dates beginning with and including the first payment date of November 6, 2015. Prepayment of the full $232.0 million Equity Inns Portfolio Loan Combination is permitted on or after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu note to be securitized, and (ii) December 31, 2017. The assumed lockout period of 25 payments is based on the expected COMM 2015-LC23 securitization closing date in November 2015. The actual lockout period may be longer.

  

Loan No. 3 – 11 Madison Avenue – The lockout period will be at least 26 payment dates beginning with and including the first payment date of October 6, 2015. Defeasance of the full $1.075 billion 11 Madison Avenue Loan Combination is permitted after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu note to be securitized, and (ii) August 18, 2018. The assumed lockout period of 26 payments is based on the expected COMM 2015-LC23 securitization closing date in November 2015. The actual lockout period may be longer.

  

Loan No. 6 – Harvey Building Products Portfolio –The lockout period will be at least 25 payment dates beginning with and including the first payment date of November 6, 2015. Defeasance of the full $110.0 million Harvey Building Products Portfolio Loan Combination is permitted after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu note to be securitized, and (ii) October 1, 2018.

 

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Loan No. 10 – Springfield Mall – The lockout period will be at least 25 payment dates beginning with and including the first payment date of November 6, 2015. Defeasance of the full $65.0 million Springfield Mall Loan Combination is permitted after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu note to be securitized, and (ii) November 6, 2019. The assumed lockout period of 25 payments is based on the expected COMM 2015-LC23 securitization closing date in November 2015. The actual lockout period may be longer.

  

Loan No. 44 – 40 Wall Street – The lockout period will be at least 28 payment dates beginning with and including the first payment date of August 6, 2015. Defeasance of the full $160.0 million 40 Wall Street Loan Combination is permitted after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu note to be securitized and (ii) July 2, 2018.

  

(17)Loan No. 1 – Equity Inns Portfolio – From and after the prepayment lockout date, the lender is required to release an individual property or properties from the collateral in connection with a third-party, arms-length sale of such property(ies) (or to an affiliate with respect to up to two properties at which hotel operations have ceased and are no longer commercially viable) subject to, among other things, the following conditions: (i) no event of default has occurred or would occur as a result of the release, (ii) the remaining collateral has an LTV no greater than the lesser of (a) 64.4% and (b) the LTV in place immediately prior to the release, (iii) the remaining collateral has a DSCR no less than the greater of (a) 2.35x and (b) the DSCR in place immediately prior to the release, (iv) payment of a Release Price (as defined below) and any yield maintenance premium associated with the payment of the Release Price, (v) satisfaction of customary REMIC requirements, (vi) payment of all interest which would have accrued on the portion of the outstanding principal balance being prepaid through, but not including, the next occurring monthly payment date and (vii) payment of all other costs and expenses of lender in connection with the release, provided the LTV and DSCR tests may be satisfied with an additional prepayment of principal (with yield maintenance). The “Release Price” shall equal the greater of (x) 115% of the loan amount allocated to the subject property(ies) and (y) 100% of the net sales proceeds of the subject property(ies) after deducting the costs of closing the sale, which costs are required to be capped for purposes of determining the Release Price at six percent of gross sales proceeds.

  

Loan No. 6 – Harvey Building Products Portfolio – The borrower may obtain the release of one or more individual Mortgaged Properties at the expiration of the lockout period, provided, among other things, (i) no event of default has occurred and is continuing, (ii) the borrower partially defeases the Mortgage Loan in an amount equal to the greater of (x) the net sales proceeds with respect to such individual Mortgaged Property and (y) 125% of the allocated loan amount for such individual Mortgaged Property and (iii) if, after such release, at least $11,000,000 of the principal amount of the Mortgage Loan has been repaid or defeased, the loan-to-value ratio for the remaining Mortgaged Properties is no greater than 60.0%.

  

Loan No. 8 – Whitehall Hotel - On any payment date, the borrower may obtain the release of a small, non-income producing portion of the Whitehall Hotel Mortgaged Property (identified in the loan agreement) from the lien of the mortgage provided, among other things, the REMIC loan-to-value ratio after the release is not more than 125% and, with respect to the adjacent development (as described below), (i) lender has approved, among other things, certain agreements and plans related to the adjacent development, (ii) borrower has delivered $1,800,000 to lender to be held as additional collateral for the Whitehall Hotel Mortgage Loan (until such time that the adjacent development is completed to the satisfaction of lender) and (iii) the sponsors have delivered to lender a guaranty of lien-free completion of the adjacent development. According to the sponsors, an affiliate of the borrower intends to develop the released parcel, together with adjacent parcels owned by an affiliate of the borrower, for the purpose of developing on the property adjacent to the Whitehall Hotel Mortgaged Property amenities that may be used by guests at the Whitehall Hotel Mortgaged Property including, a ballroom, meeting and event space, parking area, office space, restaurant, gym, and other amenity spaces and services for the Whitehall Hotel Mortgaged Property.

  

Loan No. 15 – Murrieta Spectrum – After the permitted release date and prior to the open prepayment date, the borrower may partially defease and obtain the release one or more individual pad buildings provided, among other things, (i) the borrower provide defeasance collateral to an amount equal to the greater of (A) 100% of the net sales proceeds and (B) 125% of the allocated loan amount for the parcel to be released and (ii) after the release, (A) the DSCR is greater than or equal to 1.30x, (B) the debt yield is greater than or equal to 8.5% and (C) the LTV is less than or equal to 75%.

  

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Loan No. 25 – Colerain Center – The borrower may obtain the free release of a certain vacant and non-income producing portion of the Mortgaged Property, subject to the satisfaction of certain conditions, including, but not limited to, satisfaction of the REMIC LTV test.

  

Loan No. 30 – Landings Shops and Offices – After the permitted release date and prior to the open prepayment date, the borrower may partially defease and obtain a release of either of the Kopf Offices Mortgaged Property and/or the Progressive Property from the lien of the Mortgage Loan upon a bona fide third-party sale provided, among other things, (i) Kopf Offices Mortgaged Property is released prior to the release of Progressive Property, (ii) the borrower provides defeasance collateral in an amount equal to the greater of: (a) 93% of the net sales proceeds from the sale of the property or (b) 115% of the Allocated Loan Amount for such property, and (iii) based on the remaining properties, the DSCR no less than the greater of: (a) 1.30x and (b) the DSCR immediately preceding such release.

  

(18)The following Mortgaged Properties consist, in whole or in part, of the respective borrower’s interest in one or more ground leases, space leases, air rights leases or other similar leasehold interests:

  

Loan No. 3 – 11 Madison Avenue – The 11 Madison Avenue Mortgaged Property is subject, in part, to a New York City Industrial Development Agency (“IDA”) and a New York City Industrial and Commercial Incentive Program (“ICIP”) tax abatement. A portion of the property consisting of the leasehold interests in 9 condominium units, the related fee simple interests of which are owned by the New York City Industrial Development Agency, is subject to a certain Overlease Agreement dated December 22, 1995, by and between the borrower (as successor to tenant’s interest) and the IDA (as assigned and/or amended, the “11 Madison Avenue Overlease”). The rent under the 11 Madison Avenue Overlease is $10 for the full term and has been fully prepaid. The purpose of the 11 Madison Avenue Overlease is to substitute real property tax obligations with payments in lieu of real estate taxes. Credit Suisse is required to pay all PILOT pursuant to a PILOT Agreement dated December 1, 1995 between the IDA and Credit Suisse; however, the borrower has agreed to make such payments with respect to certain space subleased by it from Credit Suisse.  See “11 Madison Avenue—Major Tenants” on Annex B to the free writing prospectus. The IDA structure terminates on December 31, 2016. If the 11 Madison Avenue Overlease terminates for any reason, the fee interest in the condominium units subject to the 11 Madison Avenue Overlease reverts back to the borrower. The mortgage provides that upon any such reversion of condominium units to the borrower, such condominium units will automatically be subject to the mortgage.

  

Loan No. 6 – Harvey Building Products Portfolio –The Sole Tenant, Harvey Industries, Inc. is the tenant under a unitary master lease with Harvey Propco, LLC, the borrower under the Harvey Building Products Portfolio.

  

Loan No. 44 – 40 Wall Street — The collateral for The 40 Wall Street Mortgage Loan consists of the leasehold interest in The 40 Wall Street Mortgaged Property.

  

(19)Loan No. 6 – Harvey Building Products Portfolio –The Sole Tenant, Harvey Industries, Inc., which is an affiliate of the borrower, is the tenant under a unitary master lease with Harvey Propco, LLC, the borrower under the Harvey Building Products Portfolio.

  

Loan No. 18 – Wedgewood Building – The Largest Tenant, Wedgewood, the 3rd Largest Tenant, Maxim Properties, the 4th Largest Tenant, Greenhedge Escrow, the 5th Largest Tenant, HMC Assets and the 6th Largest Tenant, Civic Financial, which are affiliates of the borrower, collectively lease 61.5% of the net rentable area at the Mortgaged Property. Wedgewood, Maxim Properties and Greenhedge Escrow executed joint and several lease guarantees for each of these affiliated leases.

  

(20)Loan No. 2 – 32 Avenue of the Americas – The 2nd Largest Tenant, Dentsu Holdings USA, Inc., occupies three spaces, representing 14.5% of the NRA, with various lease expirations. One space of 99,184 sq. ft. expires in September 2021, one space of 32,862 sq. ft. expires in December 2023 and the other space of 36,845 sq. ft. expires in August 2025.

  

Loan No. 5 – Good Samaritan Medical Tower – The Largest Tenant, University of Southern California, has leases for 8,037 sq. ft. that expire in February 2023, 2,648 sq. ft. that expire in February 2024 and the expansion lease that is being negotiated for 3,920 sq. ft. is expected to have a December 2024 expiration date.

  

Loan No. 44 – 40 Wall Street - The 3rd Largest Tenant, Duane Reade, occupies 54,500 sq. ft. of office space on the 21st and 22nd floors under a lease that commenced on October 1, 2012 and expires March

 

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31, 2028 with a current underwritten rent of $29.78 PSF. Duane Reade also occupies 23,310 sq. ft. of retail space under a lease that commenced on July 6, 2011 and expires January 31, 2032 with a current underwritten rent of $67.23 PSF.

   

(21)The lease expiration dates shown are based on full lease terms. However, in certain cases, a tenant may have the option to terminate its lease or abate rent prior to the stated lease expiration date for no reason after a specified period of time and/or upon notice to the landlord or upon the occurrence of certain contingencies including, without limitation, if landlord violates the lease or fails to provide utilities or certain essential services for a specified period or allows certain restricted uses, upon interference with tenant’s use of access or parking, upon casualty or condemnation, for zoning violations, if certain anchor or key tenants (including at an adjacent property) or a certain number of tenants go dark or cease operations, if a certain percentage of the net rentable area at the property is not occupied, if the tenant fails to meet sales targets or business objectives, or, in the case of a government tenant, for lack of appropriations or other reasons. In addition, in some instances, a tenant may have the right to assign its lease and be released from its obligations under the subject lease. Furthermore, some tenants may have the option to downsize their rented space without terminating the lease completely. In addition to the foregoing, the following are early non-contingent termination options that occur prior to the maturity date of the related loan for those tenants listed in Annex A-1:

  

Loan No. 3 – 11 Madison Avenue – The Largest Tenant, Credit Suisse, has the right to terminate one full floor provided such floor is either the highest of floors 2 through 18 then leased or the highest of floors 19 through 28 then leased, upon at least 15 months’ advance notice. The termination must be effective on the last day of a month occurring between May 2022 and April 2027 (inclusive).

  

Loan No. 5 – Good Samaritan Medical Tower – The Largest Tenant, University of Southern California, which currently occupies 10.0% of the NRA, has a one-time right to terminate its lease with respect to 2,648 sq. ft. of its space in March 2019, upon at least 6 months’ notice and payment of an amount equal to the unamortized portion of the tenant improvements.

  

Loan No. 18 – Wedgewood Building – The 2nd Largest Tenant, T-Mobile, has a right to terminate its lease effective August 31, 2020, upon at least nine months’ advance written notice and the payment of a termination fee equal to any unamortized brokerage costs and tenant improvements.

  

Loan No. 27 – Brown Street Centre– The 2nd Largest Tenant, Moffet, Vitu, et al, which currently occupies 11.7% of the NRA, may terminate its lease at any time during the lease term with one year’s notice.

  

Loan No. 29 – Ortega Village - Retail - The 5th Largest Tenant, OC Pharmacy, has the right to terminate the lease for 1,428 sq. ft. of its expansion space effective September 30, 2018 with 180 days notice to the landlord and payment of the unamortized portion of landlord’s expenses.

  

Loan No. 32 – 75 Executive Drive - The 2nd Largest Tenant, Aceyus, Corp., has the right to terminate its lease effective April 30, 2020 with notice no later than July 31, 2019 and payment of the unamortized portion of landlord’s expenses with 8.0% interest.

  

Loan No. 44 – 40 Wall Street– The 3rd Largest Tenant, Duane Reade, has the right to terminate the lease for its 54,500 sq. ft. of office space effective March 31, 2018 with a payment of $2,932,476 and on March 31, 2023 with a payment of $535,917. The 4th Largest Tenant, Haks Engineering & Land Surveyors, may terminate its lease effective March 1, 2024 with 12 months’ notice and payment of a termination fee of $2,110,746. The 5th Largest Tenant, Weidlinger Associates Inc, may terminate its lease effective January 31, 2028 for one or both floors of its premises with 12 months’ notice and payment of the unamortized portion of landlord’s expenses.

  

Loan No. 57 – Eureka Crossings – The 5th Largest Tenant, Wild Bill’s Tobacco, may terminate its lease at any-time during the lease term with 30 days’ notice and payment of a termination fee of $12,500.

  

(22)Loan No. 3 – 11 Madison Avenue – The Largest Tenant, Credit Suisse, recently renewed its lease at the 11 Madison Avenue Mortgaged Property through May 31, 2037 for 1,079,655 sq. ft. (which includes 862,269 sq. ft. of office space, 203,863 sq. ft. of concourse space and 13,523 sq. ft. of lobby/storage space. Credit Suisse currently occupies an additional 177,626 sq. ft. of office space and 8,770 sq. ft. of storage space that will expire in May 2017.

 

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(23)The following major tenants (listed on Annex A-1) are currently subleasing all or a significant portion of its leased space:

  

Loan No. 2 – 32 Avenue of the Americas – In addition to its 168,891 sq. ft. direct lease, the Largest Tenant, Dentsu Holdings USA, Inc. is subleasing 44,514 sq. ft. from the Third Largest Tenant, Centurylink Communications, LLC. Dentsu Holdings USA, Inc. has also agreed to sublease 64,256 from the 5th Largest Tenant, University of Cambridge, effective January 1, 2016, which will bring the total leased space by Dentsu Holdings USA to 277,661 sq. ft., or 23.9% of NRA. The 4th Largest Tenant, Telx, has agreed to sublease an additional 60,759 sq. ft. from another tenant at the property, which will bring its leased space to 140,002 sq. ft., or 12.0% of NRA, effective May 1, 2016.

  

Loan No. 44 – 40 Wall Street - The 5th Largest Tenant, Weidlinger Associates Inc, subleases a portion of its space on the 19th floor totaling 10,324 to RF Lafferty for a five (5) year term expiring in January 2019 at a current rental rate of $317,463 ($30.75 PSF), a premium to Weidlinger Associates Inc’s, current in-place rent. The lease was signed in December 2013.

  

Loan No. 47 – Walgreens-Goodwill Missouri TX – The Largest Tenant, Walgreens, which is the sole tenant, is subleasing its entire 14,820 sq. ft. to Goodwill. The terms of such sublease have not been disclosed to the lender.

  

(24)The following major tenants shown on Annex A-1 have abated, free or prepaid rent:

  

Loan No. 2 – 32 Avenue of the Americas – At closing, the borrower deposited $1,577,928 into a free rent reserve account for rent concessions with respect to the Telx lease, the Largest Tenant, for monthly payments starting May 2016 through October 2016.

  

Loan No. 3 – 11 Madison Avenue - At closing, the borrower deposited $18,847,898 into a Sony free rent reserve account for rent concessions with respect to the Sony lease, the 2nd Largest Tenant, for monthly payments starting September 2015 through August 2016.

  

Loan No. 5 – Good Samaritan Medical Tower – At closing, the borrower deposited $275,931 into a free reserve account for rent concessions with respect to various tenants at the property. Of the $275,931 in reserved free rent, the 2nd Largest Tenant, United Imaging, LLC, will receive $143,910 in free rent for six months between the period of February 2016 and November 2018.

  

Loan No. 9 – 611 Cowper – The Largest Tenant, A9.com, which is the Sole Tenant at the Mortgaged Property, has executed a 10-year lease at the Mortgaged Property, but is not yet in occupancy or paying rent. The borrower has not yet completed certain punch list items included in the landlord work. Under the terms of the lease, rent payments are required to commence on the later of October 29, 2015 and the date of substantial completion of the landlord work required under the lease. A free rent reserve of $1,620,000 (six months’ rent) was established at origination to cover any delays in rent commencement.

  

Loan No. 15 – Murrieta Spectrum – The Largest Tenant, Ashleys, affirmed its lease with the borrower following a 2008 bankruptcy and paid $185,290 to the borrower in settlement. See “Risk Factors—Risks Related to the Mortgage Loans—Tenant Bankruptcy Entails Risk” in the free writing prospectus. At loan closing, the borrower deposited $168,994 of that settlement amount into the free rent reserve and from October 1, 2015 through September 30, 2017, approximately $7,014.44 of this reserve is required to be applied to pay a portion of this tenant’s rent due.

  

Loan No. 17 – Lake Creek Festival – At closing, the borrower deposited $141,365 into a free reserve account for rent concessions with respect to various tenants at the Mortgaged Property. Of the $141,365 in reserved free rent, the 3rd Largest Tenant, Pinballz Arcade, will receive $120,063 in free rent for five months between the period of September 2015 and January 2016.

  

Loan No. 18 – Wedgewood Building – The 2nd Largest Tenant, T-Mobile, has four months of free rent from September 2020 to December 2020.

  

Loan No. 19 – Kenhorst Plaza – The 2nd Largest Tenant, Retro Fitness, executed a lease and is expected to take occupancy in March 2016 following build out of the space. The tenant is entitled to 12 months free rent, ending in July 2016, which amount was reserved at closing.

 

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Loan No. 20 – Addison Town Center – At closing, the borrower deposited $199,884 into the free rent reserve for the 3rd Largest Tenant, Crunch Fitness. Amounts in the free rent reserve are required to be disbursed to the borrower in equal sums on each of the initial six payment dates in the amount of $30,464, and provided the tenant has commenced paying full unabated rent pursuant to its lease, on the seventh payment date, or on a later date when the tenant is in occupancy and paying full rent, $17,100.

  

Loan No. 27 – Brown Street Centre – At closing, the borrower deposited $93,395 into a free reserve account for rent concessions with respect to various tenants at the Mortgaged Property. Of the $93,395 in reserved free rent, the 5th Largest Tenant, Nexus Realty, has free rent in the amount of $62,245 for rent payments from October 2015 to October 2016.

  

Loan No. 44 – 40 Wall Street - The Largest Tenant, Green Ivy, has free rent from July 2, 2015 to November 18, 2016 which amounts to $3,568,885. The 4th Largest Tenant, Haks Engineering & Land Surveyors, has free rent from January 1, 2016 to March 1, 2016 which amounts to $194,613. The 5th Largest Tenant, Weidlinger Associates Inc, has free rent for one month in February 2016, February 2017 and February 2018 which amounts to $371,232. In lieu of collecting free rent reserves, the sponsor has provided a personal guaranty which is capped at $26,000,000 (except with respect to lease termination payments, ground lease payments and insurance premiums, none of which are subject to the cap).

  

(25)The tenants shown in the Annex A-1 have signed leases but may or may not be open for business as of the cutoff date of the securitization.

  

Loan No. 3 – 11 Madison Avenue – The 2nd Largest Tenant, Sony, which leases approximately 25.3% of the NRA at the 11 Madison Avenue Mortgaged Property, has not yet taken occupancy. The Sony space is being built out for such tenant.

  

Loan No. 5 – Good Samaritan Medical Tower – The Largest Tenant, University of Southern California, which leases approximately 10.0% of the NRA at the Good Samaritan Medical Tower Mortgaged Property, is negotiating a lease expansion with respect to 3,920 sq. ft. suite 800 expansion space, which has not yet been executed. If the lease is executed, University of Southern California is expected to take occupancy of the expansion space in January 2016. At closing, $130,771 was reserved by the borrower for the execution of the suite 800 expansion space and $321,771 for tenant improvements and leasing commissions in association with the suite 800 expansion space.

  

Loan No. 9 – 611 Cowper – The Largest Tenant, A9.com, which leases 100.0% of the NRA at the 611 Cowper Mortgaged Property, has not yet taken occupancy. The Mortgaged Property is newly constructed. The tenant is not expected to take occupancy at the Mortgaged Property until both (i) the borrower completes certain remaining required punch list items with respect to the landlord work it is required to perform under the lease and (ii) the tenant completes certain tenant improvement work for which it is entitled to tenant allowances under the lease. At loan closing, the borrower deposited approximately $1,620,000 into a free rent reserve account (representing six months of free rent) to cover any delays in rent commencement. Additionally, Amazon provided a parent company guarantee for A9.com’s lease subject to a maximum liability amount of $10,000,000.

  

Loan No. 17 – Lake Creek Festival – The 3rd Largest Tenant, Pinballz Arcade, which leases approximately 11.9% of the NRA at the Lake Creek Festival Mortgaged Property, has not yet taken occupancy and is currently building out its space. The Pinballz Arcade’s lease commenced on August 1, 2015 and provides for six months of free rent between the period of September 2015 and January 2016, for which $120,063 was reserved for at closing.

  

Loan No. 19 – Kenhorst Plaza – The 2nd Largest Tenant, Retro Fitness (Beach One Holdings, LLC) (which occupies approximately 13.3% of net rentable area), executed a lease but has not yet taken possession of the premises. The tenant is expected to take occupancy in March 2016, replacing the current tenant, Sears Hardware (Sears, Roebuck, & Co.), which has a lease expiration of February 3, 2016.

  

Loan No. 27 – Brown Street Centre – The 5th Largest Tenant, Nexus Realty, which leases approximately 5.7% of the NRA at the Brown Street Centre Mortgaged Property, is expected to take occupancy in October 2015 and commencement of monthly rent payments is expected to begin in November 2015.

  

(26)Loan No. 3 – 11 Madison Avenue – The borrowers, 11 Madison Avenue Owner LLC, 11 Madison Avenue Owner 2 LLC, 11 Madison Avenue Owner 3 LLC, 11 Madison Avenue Owner 4 LLC, 11 Madison Avenue Owner 5 LLC and 11 Madison Avenue Owner 6 LLC, are structured as tenants-in-common and are each a

 

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Delaware limited liability company structured to be bankruptcy-remote, with two independent directors in its organizational structure. The sponsor of the borrowers and the non-recourse carveout guarantor is SL Green Realty Corp.

 

Loan No. 10 – Springfield Mall – The borrowers, PR Springfield/Delco Limited Partnership and KS Springfield Limited Partnership are structured as tenants-in-common and are a Pennsylvania limited partnership and a Delaware limited partnership, respectively. The sponsors of the borrowers and the non-recourse carveout guarantors are Simon Property Group, L.P. and PREIT Associates, L.P.

  

Loan No. 21 – A&H Olympic – The borrowers, 210 E. Olympic-1-AHOP, LLC; 210 E. Olympic-19.8-EHT, LLC; 210 E. Olympic-39.6-HFE, LLC; 210 E. Olympic-39.6-210EOB, LLC, are structured as tenants-in-common, and are each a Delaware limited liability company structured to be bankruptcy-remote, with one independent director in its organizational structure. The sponsors of the borrowers and the non-recourse carveout guarantors are Moshe Aflalo, Efrem Harkham and Uri Harkham.

  

Loan No. 23 – A&H Maple Avenue – The borrowers, 1007 Maple-1-AHMP, LLC; 1007 Maple-24.75-EHT, LLC; 1007 Maple-24.75-HFE, LLC; 1007 Maple-24.75-1001MA, LLC; 1007 Maple-24.75-1139MA, LLC, are structured as tenants-in-common, and are each a Delaware limited liability company structured to be bankruptcy-remote, with one independent director in its organizational structure. The sponsors of the borrowers and the non-recourse carveout guarantors are Moshe Aflalo, Efrem Harkham and Uri Harkham.

  

Loan No. 35 – Walgreens VA Beach – The borrowers, 645 First Colonial Road Investor #1, LLC; 645 First Colonial Road Investor #10, LLC; 645 First Colonial Road Investor #14, LLC; 645 First Colonial Road Investor #23, LLC; 645 First Colonial Road Investor #24, LLC; 645 First Colonial Road Investor #JH, LLC, are structured as tenants-in-common and are each a special purpose Delaware limited liability company. The sponsors of the borrowers and the non-recourse carveout guarantors are Joseph Plotnick; Chris Steiner; Howard Hertz; Jeffrey Leibovitz; Darryl Stineman; John Hobson.

  

Loan No. 51 – 691 14th Street Retail – The borrowers, Crapgame, LLC; and Drewry Capital, LLC, are structured as tenants-in-common and are both a Georgia limited liability company structured to be bankruptcy-remote. The sponsors of the borrowers and the non-recourse carveout guarantors are J. Christopher Faussemagne and Michael Millett.

  

(27)All upfront reserve balances reflect the upfront reserve amount at loan origination. The current balance may be less than the amount shown.

  

Loan No. 36 – Holiday Inn Express & Suites Rockport – At closing a seasonality reserve of $110,000 was collected. If funds are disbursed from the seasonality reserve, then borrower will be required to deposit the lesser of (i) 25% of the seasonality reserve cap ($110,000) and (ii) available cash flow after debt service and reserve and all other payments due under the loan until the seasonality reserve cap is reached (initially $110,000).

  

Loan No. 43 – Hampton Inn & Suites – Portland – At closing a seasonality reserve of $30,000 was collected. If funds are disbursed from the seasonality reserve, then borrower will be required to deposit the lesser of (i) 25% of the seasonality reserve cap ($19,000) and (ii) available cash flow after debt service and reserve and all other payments due under the loan until the seasonality reserve cap is reached (initially $30,000).

  

Loan No. 56 – Best Western Cleveland Airport – At closing a seasonality reserve of $19,000 was collected. If funds are disbursed from the seasonality reserve, then borrower will be required to deposit the lesser of (i) 25% of the seasonality reserve cap ($30,000) and (ii) available cash flow after debt service and reserve and all other payments due under the loan until the seasonality reserve cap is reached (initially $19,000).

  

(28)All ongoing reserve balances reflect the ongoing reserve amount at loan origination. The current balance may be greater than or less than the amount shown. Monthly reserves required to be deposited in such accounts may be capped pursuant to the related Mortgage Loan Documents.

  

(29)Loan No. 7 – Beach House Hilton Head – Beginning in April 2016, the borrower will be required to deposit an amount equal to 1/8 of the Seasonal Working Capital Reserve Account Annual Deposit on each monthly payment date in April, May, June, July, August, September, October and November if the seasonal working capital reserve account balance is less than the Seasonal Working Capital Reserve Account Annual Deposit

 

A-1-44
 

 

Amount. On each monthly payment date, in December, January, February and/or March the borrower will be required to pay 1/12 of the estimated required monthly deposits into the tax reserve account, the insurance reserve account (if a blanket policy is no longer in place) and the FF&E reserve account due, in order to cover the respective amounts that were not collected during the Seasonal Working Capital Reserve Account Monthly Deposits.

  

Loan No. 35 – Walgreens VA Beach – The borrower is required to deposit $1,250 per month if the Remediation Work is not completed by December 1, 2016.

  

(30)Loan No. 1 – Equity Inns Portfolio – On a quarterly basis, the borrower will be required to make deposits into the PIP Reserve equal to a pre-determined amount set forth under the loan agreement, in the aggregate of $27,500,000.

   

(31)Loan No. 1 – Equity Inns Portfolio – Borrower may deliver a letter of credit to cure a DSCR trigger event which would cause a cash sweep, in an amount which, if applied to the outstanding principal balance of the Mortgage Loan would result in the required DSCR cash sweep cure threshold being satisfied.

  

Loan No. 2 – 32 Avenue of the Americas – Borrower may deliver a letter of credit to avoid a DSCR trigger event which would cause a cash sweep, in an amount which, if applied to the outstanding principal balance of the Mortgage Loan would result in the DSCR trigger event not occurring.

  

Loan No. 3 – 11 Madison Avenue – The borrower is responsible for approximately $140,212,434 of leasing commissions, tenant improvements and base building work under major tenant leases, including its leases with Credit Suisse, Sony, and other tenants. At origination of the related mortgage loan, (1) the borrower deposited $81,152,102 in a lease costs account for the payment of such expenses, and (2) the guarantor under such mortgage loan, SL Green Realty Corp., provided a lease costs guaranty in the amount of the remaining $59,060,332 of such expenses.

  

Loan No. 14 – Carrollwood Station – The borrower is planning to perform $1.55 million of renovations at the mortgaged property. With respect to $900,000 of such expenses, the borrower and guarantor provided a lien-free completion guaranty in such amount in lieu of providing cash reserves.

  

Loan No. 44 – 40 Wall Street – In lieu of monthly deposits into the insurance, replacement, TI/LC and ground rent reserve accounts, the sponsor has provided a personal guaranty which is capped at $26,000,000 (except with respect to lease termination payments, ground lease payments and insurance premiums, none of which are subject to the cap)

  

(32)With respect to the Mortgage Loans identified below, the lender is insured under an environmental insurance policy obtained (i) in lieu of obtaining a Phase II Environmental Site Assessment, (ii) in lieu of providing an indemnity or guaranty from a sponsor or (iii) to address environmental conditions or concerns. For additional information, see “Risk Factors—Risks Related to the Mortgage Loans—Potential Issuing Entity Liability Related to a Materially Adverse Environmental Condition” in this free writing prospectus.

  

Loan No. 

 

Mortgage Loan 

 

Mortgage Loan Cut-off Date Balance 

 

% of Initial Outstanding Pool Balance 

 

Maximum Policy Amount 

 

Premium Paid in Full 

 

Expiration
Date 

6   Harvey Building Products Portfolio   $41,953,778   4.4%   $6,000,000   Yes   10/1/2023
35   Walgreens VA Beach   $7,365,000   0.8%   $5,000,000   Yes   10/23/2023

 

(33)Summary of Existing Pari Passu Debt

  

Loan No. Mortgage Loan Mortgage Loan Cut-off Date Balance Pari Passu
Companion Loan Cut-off Date
Balance
Loan
Combination Cut-
off Date Balance
Loan Combination U/W NCF
DSCR
Loan
Combination Cut-off Date LTV Ratio
Loan
Combination Cut-off Date
U/W NOI Debt
Yield
1 Equity Inns Portfolio $80,000,000 $152,000,000 $232,000,000 2.35x        64.4% 13.3%
2 32 Avenue of the Americas $70,000,000 $355,000,000 $425,000,000 1.88x        55.2% 9.8%
3 11 Madison Avenue $69,600,000 $694,730,000 $764,330,000(1) 3.89x        32.5% 14.3%
6 Harvey Building Products Portfolio $41,953,778 $67,925,164 $109,878,942 1.96x        53.5% 12.8%
10 Springfield Mall $32,460,817 $32,460,817 $64,921,633 1.76x        58.0% 11.1%
44 40 Wall Street $4,960,524 $153,776,230 $158,736,754 2.13x        29.4% 14.2%

 

(1)The Loan Combination Cut-off Date Balance, U/W NCF DSCR, Cut-off Date LTV Ratio and Cut-off Date U/W NOI Debt Yield excludes three subordinate companion loans in the aggregate original amount of $310.67 million as well as two mezzanine loans in the aggregate original balance of $325.0 million.

  

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(34)Split Loan Summary

 

Loan No. Mortgage Loan Mortgage Loan Cut-off Date Balance Subordinate Companion Loan Cut-off Date Balance Total Mortgage Debt Cut-off Date Balance(1) Pooled Trust U/W NCF DSCR Total Mortgage Debt U/W NCF DSCR Pooled Trust Cut-off Date LTV Total Mortgage Debt Cut-off Date LTV Ratio Pooled Trust U/W NOI Debt Yield Total Mortgage Debt U/W NOI Debt Yield
3 11 Madison Avenue $69,600,000 $310,670,000 $1,075,000,000 3.89x 1.97x 32.5% 59.6% 14.3% 7.8%

 

(1)Total mortgage debt includes the additional pari passu loans and the subordinate companion loans.

  

(35)Summary of Existing Mezzanine Debt

 

Loan No. 

 

Mortgage Loan 

 

Mortgage Loan Cut-off Date Balance 

 

% of Initial Outstanding Pool Balance 

 

Mezzanine Debt Cut-off Date Balance 

 

Annual Interest
Rate on
Mezzanine
Loan 

 

Mezzanine Loan
Maturity
Date 

 

Intercreditor Agreement 

 

Total
Debt Cut-
off Date
LTV Ratio 

 

Total
Debt
U/W
NCF
DSCR 

 

Total
Debt U/W
NOI Debt
Yield 

3   11 Madison Avenue(1)   $69,600,000        7.2%   $325,000,000       4.7577%(2)   9/6/2025   Yes   59.6%   1.97x   7.8%
4   1209 DeKalb   $46,000,000        4.8%      $8,500,000       9.3750%   10/6/2020   Yes   85.7%   1.08x   6.0%
22   Brentwood Retail Center         $13,290,772        1.4%        $2,000,000      10.0000%     10/6/2025    Yes   76.5%    1.01x   7.1%

  

(1)With respect to the 11 Madison Avenue Mortgage Loan, LTV, DSCR and debt yield calculations include the related pari passu companion loans. Two mezzanine loans were funded concurrently with the closing of the 11 Madison Avenue Loan. A $150,000,000 mezzanine A loan, which is coterminous with the 11 Madison Avenue Mortgage Loan, accrues interest at a fixed per annum rate equal to 4.6500% and a $175,000,000 mezzanine B loan, which is coterminous with the 11 Madison Avenue Mortgage Loan, accrues interest at a fixed per annum rate equal to 4.8500%. Total Debt Cut-off Date LTV Ratio, Total Debt U/W NCF DSCR and Total Debt U/W NOI Debt Yield include the related pari passu companion loans, the related subordinate loans and the two mezzanine loans. An intercreditor agreement is in place (i) among the holders of the 11 Madison Avenue Mortgage Loan, the related pari passu companion loans and the related subordinate loans and (ii) as between the holders of the foregoing loans, and the holders of the related mezzanine loans.

(2)The annual interest rate on the mezzanine loan is a blended rate. The actual interest rates on the mezzanine A loan and mezzanine B loan are 4.6500% and 4.8500%, respectively.

  

(35)Summary of Future Mezzanine Debt

  

Loan

No.(1)

 

Mortgage Loan 

 

Mortgage Loan Cut-off Date Balance 

 

% of Initial Outstanding Pool Balance 

 

Intercreditor Agreement Required 

 

Combined Minimum DSCR 

 

Combined Maximum LTV 

 

Combined Debt Yield 

2   32 Avenue of the Americas   $70,000,000   7.3%   Yes   1.90x   53.7%   NAP
4   1209 DeKalb   $46,000,000   4.8%   Yes   NAP   72.3%   NAP
5   Good Samaritan Medical Tower   $42,700,000   4.4%   Yes   1.35x   62.8%   8.4%
7   Beach House Hilton Head   $40,000,000   4.2%   Yes   1.43x   72.73%   9.6%
32   75 Executive Drive   $8,169,533   0.9%   Yes   1.30x   70.0%   NAP
38   Monument Creek   $6,640,000   0.7%   Yes   1.40x   75.0%   NAP
58   Family Dollar - Rose Hill   $997,500   0.1%   Yes   1.20x   85.0%   NAP
59   Family Dollar - Moultrie   $927,500   0.1%   Yes   1.20x   85.0%   NAP
60   Family Dollar - Biscoe   $857,500   0.1%   Yes   1.20x   85.0%   NAP
61   Family Dollar - Rockingham   $819,000   0.1%   Yes   1.20x   85.0%   NAP
62   Dollar General - De Soto   $702,000   0.1%   Yes   1.20x   85.0%   NAP

  

(1)The chart above does not include Harvey Building Products Portfolio Mortgage Loan, which allows for the borrower to obtain a pledge of direct or indirect interests in the guarantor of the mortgage loan to secure corporate level financing, provided that the value of the Harvey Building Products Portfolio Mortgaged Properties is not more than 25% of the value of all security for such financing. There is no requirement for an intercreditor agreement in connection with such pledges.

  

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