FWP 1 n321_anx2.htm FREE WRITING PROSPECTUS Unassociated Document
 
   
FREE WRITING PROSPECTUS
   
FILED PURSUANT TO RULE 433
   
REGISTRATION FILE NO.: 333-190246-05
     

 
     
     
 
 
Free Writing Prospectus dated June 3, 2014
 
The depositor has filed a registration statement (including a prospectus) with the SEC (SEC File No. 333-190246) for the offering to which this free writing prospectus relates.  Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering.  You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.  Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-400-7834 or emailing cmbs-prospectus@jpmorgan.com.
 
The information in this file (the “File”) is an electronic copy of the information set forth in the Appendix titled “Certain Characteristics of the Mortgage Loans and Mortgaged Properties” to the free writing prospectus and/or prospectus.  This File does not contain all information that is required to be included in the base prospectus and the prospectus supplement.  This File should be reviewed only in conjunction with the entire free writing prospectus and/or prospectus.  Prospective investors are advised to read carefully, and should rely on, the free writing prospectus and/or prospectus relating to the Certificates referred to herein in making their investment decision.
 
The information in this File may be amended and/or supplemented prior to the time of sale.  The information in this File supersedes any contrary information contained in any prior File relating to the subject securities and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.
 
Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the free writing prospectus and/or prospectus.  The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value.
 
Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, the email communication to which this material may have been attached 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 email system.
 
 
     
     
 
 
 

 

ANNEX A-1
                                                               
                                                                     
                               
Number of
 
Property
 
Property
     
Year
     
 Unit of
     
Occupancy
 
Appraised
Loan #
 
Seller(1)
 
Property Name
 
Street Address
 
City
 
State
 
Zip Code
 
County
 
Properties
 
Type
 
Subtype
 
Year Built
 
Renovated
 
Units(2)
 
 Measure
 
Occupancy %(3)
 
Date
 
Value ($)(4)
1
 
JPMCB
 
The Outlets at Orange
 
20 City Boulevard West
 
Orange
 
CA
 
92868
 
Orange
 
1
 
Retail
 
Regional Outlet Mall
 
1998
     
787,697
 
Square Feet
 
98.7%
 
03/19/14
 
418,000,000
2
 
JPMCB
 
Technology Corners Building Six
 
815 11th Avenue
 
Sunnyvale
 
CA
 
94089
 
Santa Clara
 
1
 
Office
 
Suburban
 
2014
     
232,248
 
Square Feet
 
100.0%
 
02/01/14
 
175,000,000
3
 
JPMCB
 
Gumberg Retail Portfolio
 
Various
 
Various
 
Various
 
Various
 
Various
 
3
 
Retail
 
Various
 
Various
 
Various
 
1,151,792
 
Square Feet
 
97.5%
 
02/03/14
 
176,200,000
3.01
 
JPMCB
 
Waterworks
 
932 Freeport Road
 
Pittsburgh
 
PA
 
15238
 
Allegheny
 
1
 
Retail
 
Anchored
 
1984
 
2014
 
634,211
 
Square Feet
 
98.5%
 
02/03/14
 
139,400,000
3.02
 
JPMCB
 
Northtowne Mall
 
1500 North Clinton Street
 
Defiance
 
OH
 
43512
 
Defiance
 
1
 
Retail
 
Regional Mall
 
1975
     
386,032
 
Square Feet
 
95.8%
 
02/03/14
 
20,000,000
3.03
 
JPMCB
 
North Huntingdon Square
 
8931 Route 30
 
Irwin
 
PA
 
15642
 
Westmoreland
 
1
 
Retail
 
Anchored
 
1973
 
2012
 
131,549
 
Square Feet
 
97.2%
 
02/03/14
 
16,800,000
4
 
JPMCB
 
Lincolnwood Town Center
 
3333 West Touhy Avenue
 
Lincolnwood
 
IL
 
60712
 
Cook
 
1
 
Retail
 
Regional Mall
 
1990
     
421,992
 
Square Feet
 
96.2%
 
02/21/14
 
89,100,000
5
 
JPMCB
 
160 Water Street
 
160 Water Street
 
New York
 
NY
 
10038
 
New York
 
1
 
Office
 
CBD
 
1970
 
1987
 
487,523
 
Square Feet
 
95.9%
 
03/01/14
 
165,000,000
6
 
JPMCB
 
200 West Monroe
 
200 West Monroe Street
 
Chicago
 
IL
 
60606
 
Cook
 
1
 
Office
 
CBD
 
1973
 
2006
 
535,538
 
Square Feet
 
84.2%
 
03/04/14
 
101,000,000
7
 
JPMCB
 
470 Vanderbilt Avenue
 
470 Vanderbilt Avenue
 
Brooklyn
 
NY
 
11238
 
Kings
 
1
 
Office
 
CBD
 
1913
 
2011
 
646,834
 
Square Feet
 
88.4%
 
03/17/14
 
203,400,000
8
 
JPMCB
 
U-Haul Portfolio
 
Various
 
Various
 
Various
 
Various
 
Various
 
11
 
Self Storage
 
Self Storage
 
Various
 
Various
 
7,422
 
Units
 
68.0%
 
12/31/13
 
70,530,000
8.01
 
JPMCB
 
U-Haul Moving & Storage of Downtown San Francisco
 
1525 Bryant Street
 
San Francisco
 
CA
 
94103
 
San Francisco
 
1
 
Self Storage
 
Self Storage
 
1929
 
2012
 
1,914
 
Units
 
67.2%
 
12/31/13
 
27,660,000
8.02
 
JPMCB
 
U-Haul Moving & Storage at Big Bend Road
 
650 Big Bend Road
 
Ballwin
 
MO
 
63021
 
Saint Louis
 
1
 
Self Storage
 
Self Storage
 
2006
     
678
 
Units
 
81.6%
 
12/31/13
 
8,230,000
8.03
 
JPMCB
 
U-Haul Moving & Storage of Providence at I-95
 
35 Oxford Street
 
Providence
 
RI
 
02905
 
Providence
 
1
 
Self Storage
 
Self Storage
 
1904
 
2010
 
755
 
Units
 
65.3%
 
12/31/13
 
7,000,000
8.04
 
JPMCB
 
U-Haul Moving & Storage of Brooklyn Park
 
7007 Lakeland Avenue North
 
Brooklyn Park
 
MN
 
55428
 
Hennepin
 
1
 
Self Storage
 
Self Storage
 
1989
 
2012
 
596
 
Units
 
62.2%
 
12/31/13
 
5,350,000
8.05
 
JPMCB
 
U-Haul Moving & Storage of Marana
 
7651 and 7710 Interstate 10 Frontage Road
 
Tucson
 
AZ
 
85743
 
Pima
 
1
 
Self Storage
 
Self Storage
 
2007
     
766
 
Units
 
47.3%
 
12/31/13
 
4,450,000
8.06
 
JPMCB
 
U-Haul Moving & Storage of Pharr
 
4007 North Cage Boulevard
 
Pharr
 
TX
 
78577
 
Hidalgo
 
1
 
Self Storage
 
Self Storage
 
1998
 
2007
 
621
 
Units
 
66.2%
 
12/31/13
 
4,190,000
8.07
 
JPMCB
 
U-Haul Moving & Storage at Rockdale Avenue
 
99 Rockdale Avenue
 
New Bedford
 
MA
 
02740
 
Bristol
 
1
 
Self Storage
 
Self Storage
 
1917
 
2007
 
556
 
Units
 
68.7%
 
12/31/13
 
3,400,000
8.08
 
JPMCB
 
U-Haul Moving & Storage at Starkey Road
 
12420 Starkey Road
 
Largo
 
FL
 
33773
 
Pinellas
 
1
 
Self Storage
 
Self Storage
 
1986
 
1990
 
477
 
Units
 
59.1%
 
12/31/13
 
2,950,000
8.09
 
JPMCB
 
U-Haul Moving & Storage at Texas 130 & Kelly Lane
 
20607 FM 685
 
Pflugerville
 
TX
 
78660
 
Travis
 
1
 
Self Storage
 
Self Storage
 
2006
     
346
 
Units
 
92.2%
 
12/31/13
 
2,820,000
8.10
 
JPMCB
 
U-Haul Storage of Manchester West
 
53-71 Spencer Street
 
Manchester
 
CT
 
06040
 
Hartford
 
1
 
Self Storage
 
Self Storage
 
1940, 2000
     
414
 
Units
 
84.5%
 
12/31/13
 
2,350,000
8.11
 
JPMCB
 
U-Haul Moving & Storage of Downtown
 
1430 North Illinois Street
 
Indianapolis
 
IN
 
46202
 
Marion
 
1
 
Self Storage
 
Self Storage
 
1925
 
2013
 
299
 
Units
 
80.6%
 
12/31/13
 
2,130,000
9
 
JPMCB
 
109 Prince Street
 
109 Prince Street
 
New York
 
NY
 
10012
 
New York
 
1
 
Mixed Use
 
Retail/Office
 
1882
 
1994
 
13,313
 
Square Feet
 
100.0%
 
02/01/14
 
73,000,000
10
 
JPMCB
 
55 Broadway
 
55 Broadway
 
New York
 
NY
 
10006
 
New York
 
1
 
Office
 
CBD
 
1981
 
1987
 
347,023
 
Square Feet
 
89.1%
 
04/01/14
 
157,000,000
11
 
JPMCB
 
Westminster Mall
 
540 and 1025 Westminster Mall
 
Westminster
 
CA
 
92683
 
Orange
 
1
 
Retail
 
Regional Mall
 
1974
 
2008
 
771,844
 
Square Feet
 
92.2%
 
02/21/14
 
171,000,000
12
 
JPMCB
 
3 Forbes Road
 
3 Forbes Road
 
Lexington
 
MA
 
02421
 
Middlesex
 
1
 
Office
 
Suburban
 
1973
 
2011
 
162,119
 
Square Feet
 
100.0%
 
05/01/14
 
38,900,000
13
 
RCMC
 
4th & Pike
 
1424 Fourth Avenue
 
Seattle
 
WA
 
98101
 
King
 
1
 
Office
 
CBD
 
1926
 
2013
 
101,294
 
Square Feet
 
92.6%
 
04/01/14
 
35,000,000
14
 
JPMCB
 
Hillsite Office Building
 
75 Second Avenue
 
Needham
 
MA
 
02494
 
Norfolk
 
1
 
Office
 
Suburban
 
1985
     
111,928
 
Square Feet
 
100.0%
 
05/01/14
 
27,600,000
15
 
JPMCB
 
University Gate Apartments
 
5086 Station Road
 
Erie
 
PA
 
16510
 
Erie
 
1
 
Multifamily
 
Student
 
2006
 
2008
 
485
 
Beds
 
96.9%
 
03/31/14
 
26,900,000
16
 
JPMCB
 
1560 Trapelo Road
 
1560 Trapelo Road
 
Waltham
 
MA
 
02451
 
Middlesex
 
1
 
Office
 
Suburban
 
2008
     
61,000
 
Square Feet
 
100.0%
 
05/01/14
 
27,900,000
17
 
JPMCB
 
One Allen Center
 
700 Central Expressway South
 
Allen
 
TX
 
75013
 
Collin
 
1
 
Office
 
Suburban
 
2007
     
150,509
 
Square Feet
 
83.1%
 
03/05/14
 
26,400,000
18
 
JPMCB
 
Waterford Centre
 
6205 Blue Lagoon Drive
 
Miami
 
FL
 
33126
 
Miami-Dade
 
1
 
Office
 
Suburban
 
1999
 
2012
 
91,285
 
Square Feet
 
90.6%
 
03/13/14
 
22,000,000
19
 
JPMCB
 
Madison Place
 
32011 John R Road
 
Madison Heights
 
MI
 
48071
 
Oakland
 
1
 
Retail
 
Anchored
 
1989
     
235,502
 
Square Feet
 
88.7%
 
04/01/14
 
30,750,000
20
 
RCMC
 
Providence at Zephyr Ridge
 
35940 Inspiration Drive
 
Zephyrhills
 
FL
 
33541
 
Pasco
 
1
 
Multifamily
 
Garden
 
2009
     
208
 
Units
 
98.6%
 
04/23/14
 
21,100,000
21
 
RCMC
 
The GATE at Aberdeen Proving Ground
 
6165 and 6175 Guardian Gateway
 
Aberdeen Proving Ground
 
MD
 
21005
 
Harford
 
1
 
Mixed Use
 
Office/Industrial
 
2010
     
105,240
 
Square Feet
 
94.4%
 
04/17/14
 
21,400,000
22
 
JPMCB
 
Pinnacle at Encino Commons
 
21003 Encino Commons
 
San Antonio
 
TX
 
78259
 
Bexar
 
1
 
Retail
 
Anchored
 
2008
     
99,893
 
Square Feet
 
94.7%
 
01/01/14
 
17,590,000
23
 
JPMCB
 
Marriott Ann Arbor Ypsilanti
 
1275 South Huron Street
 
Ypsilanti
 
MI
 
48197
 
Washtenaw
 
1
 
Hotel
 
Full Service
 
1989
 
2008
 
243
 
Rooms
 
65.3%
 
03/31/14
 
20,000,000
24
 
JPMCB
 
The Elysian
 
711 4th Street Southeast
 
Minneapolis
 
MN
 
55414
 
Hennepin
 
1
 
Multifamily
 
Student
 
2013
     
57
 
Units
 
100.0%
 
04/18/14
 
15,900,000
25
 
RCMC
 
Doubletree Raleigh-Cary
 
500 Caitboo Avenue
 
Cary
 
NC
 
27518
 
Wake
 
1
 
Hotel
 
Full Service
 
2009
 
2011
 
129
 
Rooms
 
71.3%
 
03/31/14
 
16,000,000
26
 
JPMCB
 
French Quarter Guest Houses
 
Various
 
New Orleans
 
LA
 
70116
 
Orleans
 
4
 
Hotel
 
Limited Service
 
Various
 
Various
 
107
 
Rooms
 
70.0%
 
03/31/14
 
17,900,000
26.01
 
JPMCB
 
Lamothe House
 
621 Esplanade Avenue
 
New Orleans
 
LA
 
70116
 
Orleans
 
1
 
Hotel
 
Limited Service
 
1839
 
2013
 
35
 
Rooms
 
71.6%
 
03/31/14
 
7,150,000
26.02
 
JPMCB
 
Inn on St. Peter
 
1005 Saint Peter Street
 
New Orleans
 
LA
 
70116
 
Orleans
 
1
 
Hotel
 
Limited Service
 
1805
 
2012
 
29
 
Rooms
 
77.3%
 
03/31/14
 
4,850,000
26.03
 
JPMCB
 
Inn on St. Ann
 
1013 Saint Ann Street
 
New Orleans
 
LA
 
70116
 
Orleans
 
1
 
Hotel
 
Limited Service
 
1830
 
2012
 
28
 
Rooms
 
62.3%
 
03/31/14
 
4,000,000
26.04
 
JPMCB
 
Inn on Ursulines
 
708 Ursulines Avenue
 
New Orleans
 
LA
 
70116
 
Orleans
 
1
 
Hotel
 
Limited Service
 
1830
 
2013
 
15
 
Rooms
 
67.1%
 
03/31/14
 
1,900,000
27
 
RCMC
 
Crawfordsville Square
 
1602-1688 Crawfordsville Square Drive
 
Crawsfordsville
 
IN
 
47933
 
Montgomery
 
1
 
Retail
 
Anchored
 
1968
 
2003
 
277,050
 
Square Feet
 
93.3%
 
04/01/14
 
14,400,000
28
 
JPMCB
 
Southwood Village
 
22214-22252 and 22217-22251 Palos Verdes Boulevard
 
Torrance
 
CA
 
90505
 
Los Angeles
 
1
 
Retail
 
Anchored
 
1956
 
2003
 
66,958
 
Square Feet
 
91.7%
 
03/27/14
 
17,000,000
29
 
RCMC
 
Canal Place Office Park
 
180 and 192 Nickerson Street
 
Seattle
 
WA
 
98109
 
King
 
1
 
Office
 
CBD
 
1980
 
2009
 
58,980
 
Square Feet
 
91.3%
 
04/01/14
 
12,650,000
30
 
RCMC
 
Purely Storage
 
Various
 
Various
 
CA
 
Various
 
Various
 
3
 
Self Storage
 
Self Storage
 
Various
     
1,321
 
Units
 
84.6%
 
03/19/14
 
11,880,000
30.01
 
RCMC
 
Flying Tiger Storage
 
44130 10th Street West
 
Lancaster
 
CA
 
93534
 
Los Angeles
 
1
 
Self Storage
 
Self Storage
 
2007
     
680
 
Units
 
81.2%
 
03/19/14
 
9,000,000
30.02
 
RCMC
 
U Lock it Up
 
120 South Beech Avenue
 
Shafter
 
CA
 
93263
 
Kern
 
1
 
Self Storage
 
Self Storage
 
2007
     
382
 
Units
 
95.5%
 
03/19/14
 
2,200,000
30.03
 
RCMC
 
Oasis Mini Storage
 
1004 South 5th Avenue
 
Avenal
 
CA
 
93204
 
Kings
 
1
 
Self Storage
 
Self Storage
 
2005
     
259
 
Units
 
77.6%
 
03/19/14
 
680,000
31
 
JPMCB
 
Holiday Inn Express N. Provo/Orem
 
1290 West University Parkway
 
Orem
 
UT
 
84058
 
Utah
 
1
 
Hotel
 
Limited Service
 
2010
     
122
 
Rooms
 
65.8%
 
03/31/14
 
12,000,000
32
 
JPMCB
 
2501 Discovery
 
2501 Discovery Drive
 
Orlando
 
FL
 
32826
 
Orange
 
1
 
Office
 
Suburban
 
1999
     
74,949
 
Square Feet
 
92.4%
 
01/01/14
 
12,400,000
33
 
JPMCB
 
Fairfield Inn & Suites South Boston
 
1120 Bill Tuck Highway
 
South Boston
 
VA
 
24592
 
Halifax
 
1
 
Hotel
 
Limited Service
 
2009
     
85
 
Rooms
 
65.6%
 
03/31/14
 
9,000,000
34
 
JPMCB
 
Falls Building
 
22 North Front Street
 
Memphis
 
TN
 
38103
 
Shelby
 
1
 
Office
 
CBD
 
1910
 
1984
 
155,061
 
Square Feet
 
74.0%
 
03/18/14
 
7,100,000
35
 
JPMCB
 
Paradise Center
 
401 Paradise Road
 
Modesto
 
CA
 
95351
 
Stanislaus
 
1
 
Office
 
Medical
 
2002
 
2007
 
27,157
 
Square Feet
 
100.0%
 
01/01/14
 
8,200,000
36
 
RCMC
 
Comfort Inn Escondido
 
1290 West Valley Parkway
 
Escondido
 
CA
 
92029
 
San Diego
 
1
 
Hotel
 
Limited Service
 
1981
     
93
 
Rooms
 
53.6%
 
03/31/14
 
7,000,000
37
 
JPMCB
 
The Pinnacle Apartments
 
305 South Bellevue Boulevard
 
Memphis
 
TN
 
38104
 
Shelby
 
1
 
Multifamily
 
High Rise
 
1970
 
2010
 
118
 
Units
 
99.2%
 
04/07/14
 
4,450,000
 
 
A-1-1

 
 
ANNEX A-1
                                                               
                                                                     
                       
Original
     
Current
                     
Net
           
           
Appraisal
 
Current
 
Original
 
Balance
 
Current
 
Balance
 
% of Initial
 
Crossed
 
Related
 
Interest
 
Admin.
 
Mortgage
     
Monthly Debt
 
Annual Debt
Loan #
 
Seller(1)
 
Property Name
 
Date
 
LTV %(4)(6)
 
Balance ($)(5)(6)
 
per Unit ($)(6)
 
Balance ($)(5)(6)
 
per Unit ($)(6)
 
Pool Balance
 
Loan
 
Borrower(7)
 
Rate %(8)
 
Fee %(8)
 
Rate %(8)
 
Accrual Type
 
Service ($)(9)(10)
 
Service ($)(10)
1
 
JPMCB
 
The Outlets at Orange
 
03/05/14
 
51.4%
 
90,000,000
 
273
 
90,000,000
 
273
 
10.3%
 
No
 
Yes - Group 1
 
4.21700
 
0.01270
 
4.20430
 
Actual/360
 
320,667.71
 
3,848,012.50
2
 
JPMCB
 
Technology Corners Building Six
 
10/01/14
 
68.6%
 
60,000,000
 
517
 
60,000,000
 
517
 
6.8%
 
No
 
No
 
4.53933
 
0.01270
 
4.52663
 
Actual/360
 
305,414.93
 
3,664,979.16
3
 
JPMCB
 
Gumberg Retail Portfolio
 
Various
 
69.1%
 
57,000,000
 
106
 
56,867,621
 
106
 
6.5%
 
No
 
No
 
4.88850
 
0.02270
 
4.86580
 
Actual/360
 
302,115.93
 
3,625,391.16
3.01
 
JPMCB
 
Waterworks
 
02/04/14
     
44,890,000
     
44,785,746
     
5.1%
                               
3.02
 
JPMCB
 
Northtowne Mall
 
02/04/14
     
6,580,000
     
6,564,718
     
0.7%
                               
3.03
 
JPMCB
 
North Huntingdon Square
 
02/03/14
     
5,530,000
     
5,517,157
     
0.6%
                               
4
 
JPMCB
 
Lincolnwood Town Center
 
02/26/14
 
59.3%
 
53,000,000
 
126
 
52,860,283
 
125
 
6.0%
 
No
 
Yes - Group 1
 
4.26200
 
0.01270
 
4.24930
 
Actual/360
 
261,100.61
 
3,133,207.32
5
 
JPMCB
 
160 Water Street
 
04/01/14
 
60.4%
 
50,600,000
 
204
 
50,600,000
 
204
 
5.8%
 
No
 
No
 
4.80200
 
0.01270
 
4.78930
 
Actual/360
 
205,296.62
 
2,463,559.39
6
 
JPMCB
 
200 West Monroe
 
04/16/14
 
74.3%
 
50,000,000
 
140
 
50,000,000
 
140
 
5.7%
 
No
 
No
 
4.66600
 
0.02270
 
4.64330
 
Actual/360
 
258,298.10
 
3,099,577.20
7
 
JPMCB
 
470 Vanderbilt Avenue
 
03/07/14
 
69.8%
 
42,000,000
 
220
 
42,000,000
 
220
 
4.8%
 
No
 
No
 
4.34100
 
0.01270
 
4.32830
 
Actual/360
 
154,045.21
 
1,848,542.50
8
 
JPMCB
 
U-Haul Portfolio
 
Various
 
56.7%
 
40,000,000
 
5,389
 
39,955,400
 
5,383
 
4.6%
 
No
 
No
 
4.79350
 
0.01270
 
4.78080
 
Actual/360
 
209,709.01
 
2,516,508.12
8.01
 
JPMCB
 
U-Haul Moving & Storage of Downtown San Francisco
 
02/24/14
     
15,686,942
     
15,669,451
     
1.8%
                               
8.02
 
JPMCB
 
U-Haul Moving & Storage at Big Bend Road
 
02/26/14
     
4,667,517
     
4,662,313
     
0.5%
                               
8.03
 
JPMCB
 
U-Haul Moving & Storage of Providence at I-95
 
02/24/14
     
3,969,942
     
3,965,516
     
0.5%
                               
8.04
 
JPMCB
 
U-Haul Moving & Storage of Brooklyn Park
 
02/24/14
     
3,034,170
     
3,030,787
     
0.3%
                               
8.05
 
JPMCB
 
U-Haul Moving & Storage of Marana
 
02/21/14
     
2,523,749
     
2,520,935
     
0.3%
                               
8.06
 
JPMCB
 
U-Haul Moving & Storage of Pharr
 
02/27/14
     
2,376,294
     
2,373,644
     
0.3%
                               
8.07
 
JPMCB
 
U-Haul Moving & Storage at Rockdale Avenue
 
02/24/14
     
1,928,257
     
1,926,107
     
0.2%
                               
8.08
 
JPMCB
 
U-Haul Moving & Storage at Starkey Road
 
02/27/14
     
1,673,047
     
1,671,182
     
0.2%
                               
8.09
 
JPMCB
 
U-Haul Moving & Storage at Texas 130 & Kelly Lane
 
02/27/14
     
1,599,319
     
1,597,536
     
0.2%
                               
8.10
 
JPMCB
 
U-Haul Storage of Manchester West
 
02/26/14
     
1,332,766
     
1,331,280
     
0.2%
                               
8.11
 
JPMCB
 
U-Haul Moving & Storage of Downtown
 
01/19/14
     
1,207,997
     
1,206,650
     
0.1%
                               
9
 
JPMCB
 
109 Prince Street
 
05/01/14
 
47.9%
 
35,000,000
 
2,629
 
35,000,000
 
2,629
 
4.0%
 
No
 
No
 
4.65000
 
0.01270
 
4.63730
 
Actual/360
 
180,472.88
 
2,165,674.56
10
 
JPMCB
 
55 Broadway
 
04/01/14
 
66.9%
 
35,000,000
 
303
 
35,000,000
 
303
 
4.0%
 
No
 
No
 
4.78650
 
0.01270
 
4.77380
 
Actual/360
 
141,545.23
 
1,698,542.71
11
 
JPMCB
 
Westminster Mall
 
02/27/14
 
49.6%
 
30,000,000
 
110
 
29,926,839
 
110
 
3.4%
 
No
 
Yes - Group 1
 
4.65000
 
0.01270
 
4.63730
 
Actual/360
 
154,691.04
 
1,856,292.48
12
 
JPMCB
 
3 Forbes Road
 
05/02/14
 
75.0%
 
29,175,000
 
180
 
29,175,000
 
180
 
3.3%
 
No
 
Yes - Group 2
 
4.58000
 
0.01270
 
4.56730
 
Actual/360
 
149,215.48
 
1,790,585.76
13
 
RCMC
 
4th & Pike
 
03/26/14
 
74.3%
 
26,000,000
 
257
 
26,000,000
 
257
 
3.0%
 
No
 
No
 
4.66000
 
0.01270
 
4.64730
 
Actual/360
 
134,221.44
 
1,610,657.28
14
 
JPMCB
 
Hillsite Office Building
 
05/01/14
 
75.0%
 
20,700,000
 
185
 
20,700,000
 
185
 
2.4%
 
No
 
Yes - Group 2
 
4.58000
 
0.01270
 
4.56730
 
Actual/360
 
105,870.11
 
1,270,441.32
15
 
JPMCB
 
University Gate Apartments
 
12/18/13
 
74.3%
 
20,000,000
 
41,237
 
20,000,000
 
41,237
 
2.3%
 
No
 
No
 
4.64500
 
0.01270
 
4.63230
 
Actual/360
 
103,067.44
 
1,236,809.28
16
 
JPMCB
 
1560 Trapelo Road
 
05/02/14
 
67.0%
 
18,700,000
 
307
 
18,700,000
 
307
 
2.1%
 
No
 
Yes - Group 2
 
4.58000
 
0.01270
 
4.56730
 
Actual/360
 
95,641.11
 
1,147,693.32
17
 
JPMCB
 
One Allen Center
 
03/14/14
 
67.7%
 
17,880,000
 
119
 
17,880,000
 
119
 
2.0%
 
No
 
No
 
4.42050
 
0.04270
 
4.37780
 
Actual/360
 
66,780.25
 
801,362.98
18
 
JPMCB
 
Waterford Centre
 
03/31/14
 
74.7%
 
16,425,000
 
180
 
16,425,000
 
180
 
1.9%
 
No
 
No
 
4.55450
 
0.04270
 
4.51180
 
Actual/360
 
83,755.79
 
1,005,069.48
19
 
JPMCB
 
Madison Place
 
03/13/14
 
52.0%
 
16,000,000
 
68
 
16,000,000
 
68
 
1.8%
 
No
 
No
 
4.41500
 
0.06020
 
4.35480
 
Actual/360
 
121,705.01
 
1,460,460.12
20
 
RCMC
 
Providence at Zephyr Ridge
 
03/27/14
 
72.0%
 
15,200,000
 
73,077
 
15,200,000
 
73,077
 
1.7%
 
No
 
No
 
4.33000
 
0.01270
 
4.31730
 
Actual/360
 
75,488.46
 
905,861.52
21
 
RCMC
 
The GATE at Aberdeen Proving Ground
 
04/01/14
 
69.3%
 
14,840,000
 
141
 
14,840,000
 
141
 
1.7%
 
No
 
No
 
4.70000
 
0.05020
 
4.64980
 
Actual/360
 
76,965.85
 
923,590.20
22
 
JPMCB
 
Pinnacle at Encino Commons
 
04/10/14
 
76.5%
 
13,462,500
 
135
 
13,462,500
 
135
 
1.5%
 
No
 
No
 
4.80770
 
0.04270
 
4.76500
 
Actual/360
 
70,695.74
 
848,348.88
23
 
JPMCB
 
Marriott Ann Arbor Ypsilanti
 
04/01/14
 
62.5%
 
12,500,000
 
51,440
 
12,500,000
 
51,440
 
1.4%
 
No
 
No
 
4.72000
 
0.01270
 
4.70730
 
Actual/360
 
64,980.07
 
779,760.84
24
 
JPMCB
 
The Elysian
 
03/06/14
 
74.2%
 
11,800,000
 
207,018
 
11,800,000
 
207,018
 
1.3%
 
No
 
No
 
4.64950
 
0.06020
 
4.58930
 
Actual/360
 
60,841.61
 
730,099.32
25
 
RCMC
 
Doubletree Raleigh-Cary
 
04/23/14
 
73.4%
 
11,750,000
 
91,085
 
11,750,000
 
91,085
 
1.3%
 
No
 
No
 
4.44000
 
0.05020
 
4.38980
 
Actual/360
 
59,117.36
 
709,408.32
26
 
JPMCB
 
French Quarter Guest Houses
 
03/01/14
 
64.2%
 
11,500,000
 
107,477
 
11,500,000
 
107,477
 
1.3%
 
No
 
No
 
4.80000
 
0.01270
 
4.78730
 
Actual/360
 
60,336.52
 
724,038.24
26.01
 
JPMCB
 
Lamothe House
 
03/01/14
     
4,593,575
     
4,593,575
     
0.5%
                               
26.02
 
JPMCB
 
Inn on St. Peter
 
03/01/14
     
3,115,922
     
3,115,922
     
0.4%
                               
26.03
 
JPMCB
 
Inn on St. Ann
 
03/01/14
     
2,569,832
     
2,569,832
     
0.3%
                               
26.04
 
JPMCB
 
Inn on Ursulines
 
03/01/14
     
1,220,670
     
1,220,670
     
0.1%
                               
27
 
RCMC
 
Crawfordsville Square
 
02/25/14
 
73.6%
 
10,600,000
 
38
 
10,600,000
 
38
 
1.2%
 
No
 
No
 
4.58000
 
0.01270
 
4.56730
 
Actual/360
 
54,213.68
 
650,564.16
28
 
JPMCB
 
Southwood Village
 
03/08/14
 
61.2%
 
10,400,000
 
155
 
10,400,000
 
155
 
1.2%
 
No
 
No
 
4.70600
 
0.01270
 
4.69330
 
Actual/360
 
53,975.84
 
647,710.08
29
 
RCMC
 
Canal Place Office Park
 
02/21/14
 
68.8%
 
8,700,000
 
148
 
8,700,000
 
148
 
1.0%
 
No
 
No
 
4.65000
 
0.01270
 
4.63730
 
Actual/360
 
44,860.40
 
538,324.80
30
 
RCMC
 
Purely Storage
 
Various
 
72.0%
 
8,550,000
 
6,472
 
8,550,000
 
6,472
 
1.0%
 
No
 
No
 
4.98000
 
0.07270
 
4.90730
 
Actual/360
 
45,793.80
 
549,525.60
30.01
 
RCMC
 
Flying Tiger Storage
 
03/12/14
     
6,477,273
     
6,477,273
     
0.7%
                               
30.02
 
RCMC
 
U Lock it Up
 
03/14/14
     
1,583,333
     
1,583,333
     
0.2%
                               
30.03
 
RCMC
 
Oasis Mini Storage
 
03/14/14
     
489,394
     
489,394
     
0.1%
                               
31
 
JPMCB
 
Holiday Inn Express N. Provo/Orem
 
04/01/14
 
68.8%
 
8,250,000
 
67,623
 
8,250,000
 
67,623
 
0.9%
 
No
 
No
 
4.60400
 
0.01270
 
4.59130
 
Actual/360
 
42,312.88
 
507,754.56
32
 
JPMCB
 
2501 Discovery
 
03/26/14
 
64.5%
 
7,995,000
 
107
 
7,995,000
 
107
 
0.9%
 
No
 
No
 
5.07650
 
0.06020
 
5.01630
 
Actual/360
 
43,293.46
 
519,521.52
33
 
JPMCB
 
Fairfield Inn & Suites South Boston
 
03/11/14
 
72.2%
 
6,500,000
 
76,471
 
6,500,000
 
76,471
 
0.7%
 
No
 
No
 
5.00000
 
0.01270
 
4.98730
 
Actual/360
 
37,998.35
 
455,980.20
34
 
JPMCB
 
Falls Building
 
03/10/14
 
81.8%
 
5,820,000
 
38
 
5,806,153
 
37
 
0.7%
 
No
 
No
 
4.77100
 
0.01270
 
4.75830
 
Actual/360
 
30,433.59
 
365,203.08
35
 
JPMCB
 
Paradise Center
 
04/02/14
 
63.3%
 
5,200,000
 
191
 
5,194,339
 
191
 
0.6%
 
No
 
No
 
4.89700
 
0.01270
 
4.88430
 
Actual/360
 
27,588.31
 
331,059.72
36
 
RCMC
 
Comfort Inn Escondido
 
04/01/14
 
64.2%
 
4,500,000
 
48,387
 
4,495,285
 
48,336
 
0.5%
 
No
 
No
 
5.06000
 
0.08020
 
4.97980
 
Actual/360
 
24,322.25
 
291,867.00
37
 
JPMCB
 
The Pinnacle Apartments
 
03/24/14
 
75.8%
 
3,375,000
 
28,602
 
3,375,000
 
28,602
 
0.4%
 
No
 
No
 
4.53650
 
0.01270
 
4.52380
 
Actual/360
 
17,173.90
 
206,086.80
 
 
A-1-2

 

ANNEX A-1
                                                                     
                                                                           
               
First
 
Partial IO
 
Partial IO Loan
 
Rem.
 
Rem.
         
Payment
 
Grace Period
 
Grace Period
         
Final
 
Maturity/ARD
   
Maturity
Loan #
 
Seller(1)
 
Property Name
 
Note Date
 
Payment Date
 
Last IO Payment
 
First P&I Payment
 
 Term
 
 Amort
 
I/O Period
 
Seasoning
 
Due Date
 
 (Late Payment)
 
 (Default)
 
Maturity Date(11)
 
ARD Loan(11)
 
Mat Date(11)
 
Balance ($)(5)
   
LTV %(4)(6)
1
 
JPMCB
 
The Outlets at Orange
 
03/26/14
 
05/01/14
         
118
 
0
 
120
 
2
 
1
 
5
 
5
 
04/01/24
 
No
     
90,000,000
   
51.4%
2
 
JPMCB
 
Technology Corners Building Six
 
05/01/14
 
06/01/14
 
05/01/19
 
06/01/19
 
119
 
360
 
60
 
1
 
1
 
0
 
0
 
05/01/24
 
No
     
54,949,337
   
62.8%
3
 
JPMCB
 
Gumberg Retail Portfolio
 
04/01/14
 
05/01/14
         
118
 
358
 
0
 
2
 
1
 
0
 
0
 
04/01/24
 
No
     
46,697,836
   
56.7%
3.01
 
JPMCB
 
Waterworks
                                                         
36,776,594
     
3.02
 
JPMCB
 
Northtowne Mall
                                                         
5,390,733
     
3.03
 
JPMCB
 
North Huntingdon Square
                                                         
4,530,509
     
4
 
JPMCB
 
Lincolnwood Town Center
 
03/18/14
 
05/01/14
         
82
 
358
 
0
 
2
 
1
 
5
 
5
 
04/01/21
 
No
     
46,138,659
   
51.8%
5
 
JPMCB
 
160 Water Street
 
04/30/14
 
06/01/14
         
83
 
0
 
84
 
1
 
1
 
0
 
0
 
05/01/21
 
No
     
50,600,000
   
60.4%
6
 
JPMCB
 
200 West Monroe
 
05/15/14
 
07/01/14
 
06/01/19
 
07/01/19
 
120
 
360
 
60
 
0
 
1
 
0
 
0
 
06/01/24
 
No
     
45,882,303
   
68.1%
7
 
JPMCB
 
470 Vanderbilt Avenue
 
02/28/14
 
04/01/14
         
57
 
0
 
60
 
3
 
1
 
0
 
0
 
03/01/19
 
No
     
42,000,000
   
69.8%
8
 
JPMCB
 
U-Haul Portfolio
 
04/04/14
 
06/01/14
         
119
 
359
 
0
 
1
 
1
 
0
 
0
 
05/01/24
 
Yes
 
05/01/34
 
32,668,974
   
46.3%
8.01
 
JPMCB
 
U-Haul Moving & Storage of Downtown San Francisco
                                                         
12,811,908
     
8.02
 
JPMCB
 
U-Haul Moving & Storage at Big Bend Road
                                                         
3,812,075
     
8.03
 
JPMCB
 
U-Haul Moving & Storage of Providence at I-95
                                                         
3,242,348
     
8.04
 
JPMCB
 
U-Haul Moving & Storage of Brooklyn Park
                                                         
2,478,081
     
8.05
 
JPMCB
 
U-Haul Moving & Storage of Marana
                                                         
2,061,207
     
8.06
 
JPMCB
 
U-Haul Moving & Storage of Pharr
                                                         
1,940,777
     
8.07
 
JPMCB
 
U-Haul Moving & Storage at Rockdale Avenue
                                                         
1,574,854
     
8.08
 
JPMCB
 
U-Haul Moving & Storage at Starkey Road
                                                         
1,366,418
     
8.09
 
JPMCB
 
U-Haul Moving & Storage at Texas 130 & Kelly Lane
                                                         
1,306,203
     
8.10
 
JPMCB
 
U-Haul Storage of Manchester West
                                                         
1,088,502
     
8.11
 
JPMCB
 
U-Haul Moving & Storage of Downtown
                                                         
986,601
     
9
 
JPMCB
 
109 Prince Street
 
05/20/14
 
07/01/14
 
06/01/17
 
07/01/17
 
120
 
360
 
36
 
0
 
1
 
0
 
0
 
06/01/24
 
Yes
 
01/01/26
 
30,744,023
   
42.1%
10
 
JPMCB
 
55 Broadway
 
04/01/14
 
05/01/14
         
82
 
0
 
84
 
2
 
1
 
0
 
0
 
04/01/21
 
No
     
35,000,000
   
66.9%
11
 
JPMCB
 
Westminster Mall
 
03/26/14
 
05/01/14
         
118
 
358
 
0
 
2
 
1
 
5
 
5
 
04/01/24
 
No
     
24,382,269
   
40.4%
12
 
JPMCB
 
3 Forbes Road
 
05/16/14
 
07/01/14
 
06/01/19
 
07/01/19
 
120
 
360
 
60
 
0
 
1
 
0
 
0
 
06/01/24
 
No
     
26,735,808
   
68.7%
13
 
RCMC
 
4th & Pike
 
05/30/14
 
07/05/14
         
120
 
360
 
0
 
0
 
5
 
0
 
0
 
06/05/24
 
No
     
21,138,159
   
60.4%
14
 
JPMCB
 
Hillsite Office Building
 
05/16/14
 
07/01/14
 
06/01/19
 
07/01/19
 
120
 
360
 
60
 
0
 
1
 
0
 
0
 
06/01/24
 
No
     
18,969,365
   
68.7%
15
 
JPMCB
 
University Gate Apartments
 
05/19/14
 
07/01/14
 
06/01/18
 
07/01/18
 
120
 
360
 
48
 
0
 
1
 
0
 
0
 
06/01/24
 
No
     
17,965,596
   
66.8%
16
 
JPMCB
 
1560 Trapelo Road
 
05/16/14
 
07/01/14
 
06/01/19
 
07/01/19
 
120
 
360
 
60
 
0
 
1
 
0
 
0
 
06/01/24
 
No
     
17,136,576
   
61.4%
17
 
JPMCB
 
One Allen Center
 
04/02/14
 
06/01/14
         
59
 
0
 
60
 
1
 
1
 
0
 
0
 
05/01/19
 
No
     
17,880,000
   
67.7%
18
 
JPMCB
 
Waterford Centre
 
05/01/14
 
06/01/14
 
05/01/17
 
06/01/17
 
83
 
360
 
36
 
1
 
1
 
0
 
0
 
05/01/21
 
No
     
15,346,465
   
69.8%
19
 
JPMCB
 
Madison Place
 
05/28/14
 
07/01/14
         
180
 
180
 
0
 
0
 
1
 
5
 
5
 
06/01/29
 
No
     
135,846
   
0.4%
20
 
RCMC
 
Providence at Zephyr Ridge
 
05/30/14
 
07/06/14
         
60
 
360
 
0
 
0
 
6
 
0
 
0
 
06/06/19
 
No
     
13,871,090
   
65.7%
21
 
RCMC
 
The GATE at Aberdeen Proving Ground
 
05/13/14
 
07/05/14
         
120
 
360
 
0
 
0
 
5
 
0
 
0
 
06/05/24
 
No
     
12,081,330
   
56.5%
22
 
JPMCB
 
Pinnacle at Encino Commons
 
05/20/14
 
07/01/14
         
120
 
360
 
0
 
0
 
1
 
0
 
0
 
06/01/24
 
No
     
10,999,560
   
62.5%
23
 
JPMCB
 
Marriott Ann Arbor Ypsilanti
 
05/28/14
 
07/01/14
         
60
 
360
 
0
 
0
 
1
 
0
 
0
 
06/01/19
 
No
     
11,478,672
   
57.4%
24
 
JPMCB
 
The Elysian
 
04/22/14
 
06/01/14
 
05/01/17
 
06/01/17
 
119
 
360
 
36
 
1
 
1
 
0
 
0
 
05/01/24
 
No
     
10,365,445
   
65.2%
25
 
RCMC
 
Doubletree Raleigh-Cary
 
05/09/14
 
07/05/14
         
60
 
360
 
0
 
0
 
5
 
0
 
0
 
06/05/19
 
No
     
10,741,958
   
67.1%
26
 
JPMCB
 
French Quarter Guest Houses
 
05/13/14
 
07/01/14
         
120
 
360
 
0
 
0
 
1
 
0
 
0
 
06/01/24
 
No
     
9,393,680
   
52.5%
26.01
 
JPMCB
 
Lamothe House
                                                         
3,752,224
     
26.02
 
JPMCB
 
Inn on St. Peter
                                                         
2,545,215
     
26.03
 
JPMCB
 
Inn on St. Ann
                                                         
2,099,146
     
26.04
 
JPMCB
 
Inn on Ursulines
                                                         
997,095
     
27
 
RCMC
 
Crawfordsville Square
 
05/08/14
 
07/05/14
         
120
 
360
 
0
 
0
 
5
 
0
 
0
 
06/05/24
 
No
     
8,594,457
   
59.7%
28
 
JPMCB
 
Southwood Village
 
04/04/14
 
06/01/14
 
05/01/17
 
06/01/17
 
119
 
360
 
36
 
1
 
1
 
0
 
0
 
05/01/24
 
No
     
9,147,356
   
53.8%
29
 
RCMC
 
Canal Place Office Park
 
05/08/14
 
07/05/14
         
120
 
360
 
0
 
0
 
5
 
0
 
0
 
06/05/24
 
No
     
7,070,758
   
55.9%
30
 
RCMC
 
Purely Storage
 
05/27/14
 
07/05/14
         
120
 
360
 
0
 
0
 
5
 
0
 
0
 
06/05/24
 
No
     
7,025,703
   
59.1%
30.01
 
RCMC
 
Flying Tiger Storage
                                                         
5,322,502
     
30.02
 
RCMC
 
U Lock it Up
                                                         
1,301,056
     
30.03
 
RCMC
 
Oasis Mini Storage
                                                         
402,145
     
31
 
JPMCB
 
Holiday Inn Express N. Provo/Orem
 
05/07/14
 
07/01/14
         
60
 
360
 
0
 
0
 
1
 
0
 
0
 
06/01/19
 
No
     
7,562,083
   
63.0%
32
 
JPMCB
 
2501 Discovery
 
04/30/14
 
06/01/14
 
05/01/19
 
06/01/19
 
119
 
360
 
60
 
1
 
1
 
0
 
0
 
05/01/24
 
No
     
7,383,337
   
59.5%
33
 
JPMCB
 
Fairfield Inn & Suites South Boston
 
05/21/14
 
07/01/14
         
120
 
300
 
0
 
0
 
1
 
0
 
0
 
06/01/24
 
No
     
4,860,637
   
54.0%
34
 
JPMCB
 
Falls Building
 
03/27/14
 
05/01/14
         
118
 
358
 
0
 
2
 
1
 
0
 
0
 
04/01/24
 
No
     
4,749,482
   
66.9%
35
 
JPMCB
 
Paradise Center
 
04/28/14
 
06/01/14
         
119
 
359
 
0
 
1
 
1
 
0
 
3 (once per year)
 
05/01/24
 
Yes
 
04/01/32
 
4,261,608
   
52.0%
36
 
RCMC
 
Comfort Inn Escondido
 
05/01/14
 
06/05/14
         
119
 
359
 
0
 
1
 
5
 
0
 
0
 
05/05/24
 
No
     
3,707,704
   
53.0%
37
 
JPMCB
 
The Pinnacle Apartments
 
04/11/14
 
06/01/14
 
05/01/16
 
06/01/16
 
59
 
360
 
24
 
1
 
1
 
0
 
0
 
05/01/19
 
No
     
3,211,820
   
72.2%
 
 
A-1-3

 

ANNEX A-1
                                                             
                                                                   
               
HISTORICAL FINANCIALS(13)
 
                                                                   
           
Prepayment
 
2011
 
2011
 
2011
 
2012
 
2012
 
2012
 
2013
 
2013
 
2013
 
Most Recent
 
Most Recent
 
Most Recent
     
Loan #
 
Seller(1)
 
Property Name
 
Provision (Payments)(12)
 
Revenues ($)
 
Total Expenses ($)
 
NOI ($)
 
Revenues ($)
 
Total Expenses ($)
 
NOI ($)
 
Revenues ($)
 
Total Expenses ($)
 
NOI ($)
 
 Revenues ($)
 
 Total Expenses ($)
 
 NOI ($)
 
As of
 
1
 
JPMCB
 
The Outlets at Orange
 
L(26),Def(87),O(7)
 
26,077,813
 
6,925,114
 
19,152,699
 
30,567,129
 
7,929,811
 
22,637,318
 
33,190,855
 
8,440,704
 
24,750,151
 
33,354,280
 
8,592,683
 
24,761,597
 
04/30/14
 
2
 
JPMCB
 
Technology Corners Building Six
 
L(25),Def(88),O(7)
                                                     
3
 
JPMCB
 
Gumberg Retail Portfolio
 
L(25),Grtr1%orYM(92),O(3)
 
17,958,210
 
5,035,728
 
12,922,483
 
17,902,719
 
5,103,644
 
12,799,075
 
18,161,287
 
5,107,180
 
13,054,106
                 
3.01
 
JPMCB
 
Waterworks
     
13,037,701
 
3,602,493
 
9,435,207
 
13,321,920
 
3,678,289
 
9,643,631
 
13,543,377
 
3,585,993
 
9,957,384
                 
3.02
 
JPMCB
 
Northtowne Mall
     
3,097,316
 
1,017,662
 
2,079,654
 
2,866,325
 
988,099
 
1,878,226
 
2,893,814
 
1,020,095
 
1,873,719
                 
3.03
 
JPMCB
 
North Huntingdon Square
     
1,823,193
 
415,572
 
1,407,621
 
1,714,474
 
437,256
 
1,277,218
 
1,724,096
 
501,092
 
1,223,004
                 
4
 
JPMCB
 
Lincolnwood Town Center
 
L(26),Def(51),O(7)
 
12,864,468
 
6,237,099
 
6,627,369
 
12,478,343
 
5,428,747
 
7,049,596
 
12,638,765
 
5,947,042
 
6,691,723
 
12,668,438
 
6,217,964
 
6,450,474
 
04/30/14
 
5
 
JPMCB
 
160 Water Street
 
L(25),Def(56),O(3)
 
15,262,135
 
9,743,057
 
5,519,078
 
13,314,137
 
8,730,921
 
4,583,216
 
12,516,917
 
9,374,611
 
3,142,306
                 
6
 
JPMCB
 
200 West Monroe
 
L(25),Grtr1%orYM(92),O(3)
 
11,548,911
 
6,191,437
 
5,357,474
 
11,683,144
 
5,713,809
 
5,969,335
 
12,666,988
 
6,710,668
 
5,956,320
                 
7
 
JPMCB
 
470 Vanderbilt Avenue
 
L(25),Grtr1%orYM(32),O(3)
 
8,601,618
 
2,257,443
 
6,344,175
 
5,902,864
 
2,376,741
 
3,526,123
 
14,780,660
 
7,038,063
 
7,742,597
                 
8
 
JPMCB
 
U-Haul Portfolio
 
L(25),Def(91),O(4)
                                     
6,432,076
 
2,124,186
 
4,307,890
 
01/31/14
 
8.01
 
JPMCB
 
U-Haul Moving & Storage of Downtown San Francisco
                                         
1,834,484
 
521,864
 
1,312,620
 
01/31/14
 
8.02
 
JPMCB
 
U-Haul Moving & Storage at Big Bend Road
                                         
702,868
 
190,491
 
512,377
 
01/31/14
 
8.03
 
JPMCB
 
U-Haul Moving & Storage of Providence at I-95
                                         
777,898
 
248,394
 
529,505
 
01/31/14
 
8.04
 
JPMCB
 
U-Haul Moving & Storage of Brooklyn Park
                                         
484,580
 
220,788
 
263,792
 
01/31/14
 
8.05
 
JPMCB
 
U-Haul Moving & Storage of Marana
                                         
424,899
 
175,560
 
249,339
 
01/31/14
 
8.06
 
JPMCB
 
U-Haul Moving & Storage of Pharr
                                         
454,366
 
164,655
 
289,711
 
01/31/14
 
8.07
 
JPMCB
 
U-Haul Moving & Storage at Rockdale Avenue
                                         
435,974
 
104,738
 
331,236
 
01/31/14
 
8.08
 
JPMCB
 
U-Haul Moving & Storage at Starkey Road
                                         
300,917
 
121,971
 
178,946
 
01/31/14
 
8.09
 
JPMCB
 
U-Haul Moving & Storage at Texas 130 & Kelly Lane
                                         
356,266
 
135,443
 
220,823
 
01/31/14
 
8.10
 
JPMCB
 
U-Haul Storage of Manchester West
                                         
391,663
 
135,089
 
256,574
 
01/31/14
 
8.11
 
JPMCB
 
U-Haul Moving & Storage of Downtown
                                         
268,159
 
105,197
 
162,962
 
01/31/14
 
9
 
JPMCB
 
109 Prince Street
 
L(24),Def(92),O(4)
 
2,526,065
 
303,963
 
2,222,102
 
2,486,414
 
339,443
 
2,146,971
 
2,492,939
 
342,611
 
2,150,328
                 
10
 
JPMCB
 
55 Broadway
 
L(26),Def(55),O(3)
 
15,620,940
 
6,949,544
 
8,671,396
 
15,730,588
 
7,170,183
 
8,560,405
 
14,484,591
 
7,700,756
 
6,783,835
                 
11
 
JPMCB
 
Westminster Mall
 
L(26),Def(87),O(7)
 
18,611,409
 
6,464,840
 
12,146,569
 
18,507,120
 
6,255,079
 
12,252,041
 
18,097,917
 
5,904,308
 
12,193,609
                 
12
 
JPMCB
 
3 Forbes Road
 
L(13),Grtr1%orYM(94),O(13)
 
2,864,209
 
822,383
 
2,041,827
 
3,945,578
 
1,694,535
 
2,251,043
 
4,269,258
 
1,942,025
 
2,327,232
                 
13
 
RCMC
 
4th & Pike
 
L(24),Def(91),O(5)
 
1,898,378
 
794,404
 
1,103,974
 
1,994,715
 
781,167
 
1,213,548
 
2,444,225
 
762,656
 
1,681,569
 
2,509,869
 
729,443
 
1,780,426
 
02/28/14
 
14
 
JPMCB
 
Hillsite Office Building
 
L(13),Grtr1%orYM(94),O(13)
 
2,911,747
 
1,425,945
 
1,485,801
 
3,137,931
 
1,364,166
 
1,773,765
 
3,150,132
 
1,413,807
 
1,736,326
                 
15
 
JPMCB
 
University Gate Apartments
 
L(24),Def(94),O(2)
 
2,950,016
 
951,788
 
1,998,228
 
3,154,822
 
939,563
 
2,215,259
 
3,173,180
 
951,630
 
2,221,550
 
3,054,291
 
882,662
 
2,171,629
 
03/31/14
 
16
 
JPMCB
 
1560 Trapelo Road
 
L(13),Grtr1%orYM(94),O(13)
 
2,714,549
 
845,812
 
1,868,737
 
2,628,198
 
605,623
 
2,022,575
 
2,702,498
 
758,112
 
1,944,387
                 
17
 
JPMCB
 
One Allen Center
 
L(25),Def(31),O(4)
 
168,122
 
56,351
 
111,771
 
2,537,225
 
1,131,315
 
1,405,910
 
2,866,027
 
1,183,282
 
1,682,745
                 
18
 
JPMCB
 
Waterford Centre
 
L(25),Grtr1%orYM(56),O(3)
 
2,012,011
 
1,153,112
 
858,899
 
1,933,783
 
1,013,078
 
920,705
 
2,167,526
 
1,060,724
 
1,106,802
                 
19
 
JPMCB
 
Madison Place
 
L(25),Grtr1%orYM(151),O(4)
 
3,408,956
 
1,046,258
 
2,362,698
 
3,426,377
 
1,021,936
 
2,404,441
 
3,542,571
 
1,006,844
 
2,535,727
                 
20
 
RCMC
 
Providence at Zephyr Ridge
 
L(24),Def(32),O(4)
 
1,857,128
 
1,102,237
 
754,890
 
2,112,743
 
1,077,213
 
1,035,530
 
2,247,459
 
1,046,154
 
1,201,305
 
2,306,838
 
1,064,919
 
1,241,920
 
03/31/14
 
21
 
RCMC
 
The GATE at Aberdeen Proving Ground
 
L(24),Def(92),O(4)
 
283,010
 
184,704
 
98,306
 
1,567,135
 
541,547
 
1,025,589
 
2,166,323
 
636,333
 
1,529,990
 
2,233,342
 
625,973
 
1,607,369
 
03/31/14
 
22
 
JPMCB
 
Pinnacle at Encino Commons
 
L(25),Grtr1%orYM(92),O(3)
 
1,467,160
 
636,964
 
830,196
 
1,527,003
 
584,810
 
942,192
 
1,640,878
 
538,756
 
1,102,122
 
2,045,916
 
598,598
 
1,447,318
 
04/01/14
 
23
 
JPMCB
 
Marriott Ann Arbor Ypsilanti
 
L(25),Grtr1%orYM(32),O(3)
 
11,264,938
 
9,822,037
 
1,442,901
 
12,080,847
 
10,444,369
 
1,636,478
 
12,426,236
 
11,020,767
 
1,405,469
 
12,574,664
 
11,148,717
 
1,425,947
 
03/31/14
 
24
 
JPMCB
 
The Elysian
 
L(25),Grtr1%orYM(91),O(4)
                                     
1,546,341
 
537,198
 
1,009,143
 
03/31/14
 
25
 
RCMC
 
Doubletree Raleigh-Cary
 
L(24),Def(32),O(4)
 
2,923,976
 
2,088,892
 
835,084
 
3,110,611
 
2,308,303
 
802,308
 
3,740,551
 
2,570,820
 
1,169,731
 
3,886,673
 
2,603,279
 
1,283,394
 
03/31/14
 
26
 
JPMCB
 
French Quarter Guest Houses
 
L(24),Def(93),O(3)
 
336,974
 
324,901
 
12,073
 
1,392,247
 
1,241,696
 
150,551
 
3,710,345
 
2,419,655
 
1,290,690
 
3,724,070
 
2,449,805
 
1,274,265
 
03/31/14
 
26.01
 
JPMCB
 
Lamothe House
                 
261,996
 
213,297
 
48,699
 
1,338,906
 
818,341
 
520,565
 
1,347,190
 
835,543
 
511,647
 
03/31/14
 
26.02
 
JPMCB
 
Inn on St. Peter
     
320,311
 
250,147
 
70,164
 
546,670
 
459,141
 
87,529
 
1,060,777
 
672,480
 
388,297
 
1,074,318
 
695,335
 
378,983
 
03/31/14
 
26.03
 
JPMCB
 
Inn on St. Ann
     
16,663
 
74,754
 
-58,091
 
484,654
 
469,557
 
15,097
 
843,219
 
592,150
 
251,069
 
813,729
 
569,783
 
243,946
 
03/31/14
 
26.04
 
JPMCB
 
Inn on Ursulines
             
 
 
98,927
 
99,701
 
-774
 
467,443
 
336,684
 
130,759
 
488,833
 
349,144
 
139,689
 
03/31/14
 
27
 
RCMC
 
Crawfordsville Square
 
L(24),Def(92),O(4)
 
2,007,051
 
987,589
 
1,019,462
 
1,653,474
 
828,417
 
825,057
 
1,585,291
 
877,929
 
707,362
 
1,545,043
 
1,004,759
 
540,284
 
03/31/14
 
28
 
JPMCB
 
Southwood Village
 
L(24),Grtr1%orYM(92),O(4)
 
1,376,672
 
456,784
 
919,888
 
1,145,775
 
413,487
 
732,288
 
1,166,122
 
446,488
 
719,635
                 
29
 
RCMC
 
Canal Place Office Park
 
L(24),Def(93),O(3)
 
1,109,083
 
427,863
 
681,220
 
1,064,965
 
424,947
 
640,018
 
992,079
 
429,081
 
562,998
 
1,072,521
 
437,202
 
635,319
 
03/31/14
 
30
 
RCMC
 
Purely Storage
 
L(24),Def(92),O(4)
 
710,765
 
415,013
 
295,752
 
1,004,553
 
438,925
 
565,628
 
1,159,959
 
421,527
 
738,432
 
1,160,248
 
415,652
 
744,596
 
03/31/14
 
30.01
 
RCMC
 
Flying Tiger Storage
     
465,691
 
280,245
 
185,446
 
678,484
 
293,863
 
384,621
 
798,716
 
278,640
 
520,076
 
791,498
 
272,679
 
518,819
 
03/31/14
 
30.02
 
RCMC
 
U Lock it Up
     
176,868
 
81,670
 
95,198
 
221,247
 
89,896
 
131,351
 
259,558
 
91,472
 
168,086
 
268,865
 
90,422
 
178,443
 
03/31/14
 
30.03
 
RCMC
 
Oasis Mini Storage
     
68,205
 
53,098
 
15,108
 
104,821
 
55,165
 
49,656
 
101,685
 
51,415
 
50,270
 
99,885
 
52,551
 
47,334
 
03/31/14
 
31
 
JPMCB
 
Holiday Inn Express N. Provo/Orem
 
L(25),Grtr1%orYM(33),O(2)
 
1,730,352
 
1,403,721
 
326,631
 
2,231,687
 
1,590,792
 
640,895
 
2,565,796
 
1,814,833
 
750,963
 
2,712,099
 
1,872,900
 
839,199
 
03/31/14
 
32
 
JPMCB
 
2501 Discovery
 
L(25),Grtr1%orYM(71),O(24)
 
313,877
 
278,137
 
35,740
 
659,366
 
282,359
 
377,007
 
851,995
 
312,699
 
539,296
 
939,564
 
307,393
 
632,171
 
02/28/14
 
33
 
JPMCB
 
Fairfield Inn & Suites South Boston
 
L(25),Grtr1%orYM(92),O(3)
 
1,463,080
 
1,082,366
 
380,714
 
1,682,078
 
1,219,113
 
462,965
 
1,952,130
 
1,332,450
 
619,680
 
2,065,108
 
1,368,264
 
696,844
 
03/31/14
 
34
 
JPMCB
 
Falls Building
 
L(25),Grtr1%orYM(92),O(3)
 
1,397,897
 
1,023,730
 
374,167
 
1,327,586
 
968,195
 
359,391
 
1,367,880
 
1,093,393
 
274,487
                 
35
 
JPMCB
 
Paradise Center
 
L(25),Def(92),O(3)
                         
717,379
 
124,026
 
593,354
 
662,196
 
108,711
 
553,485
 
03/31/14
 
36
 
RCMC
 
Comfort Inn Escondido
 
L(25),Def(91),O(4)
 
1,529,025
 
929,735
 
599,290
 
1,545,109
 
990,345
 
554,764
 
1,577,214
 
929,288
 
647,926
 
1,610,093
 
985,398
 
624,695
 
03/31/14
 
37
 
JPMCB
 
The Pinnacle Apartments
 
L(25),Grtr1%orYM(31),O(4)
 
841,705
 
495,212
 
346,493
 
878,636
 
547,777
 
330,859
 
851,728
 
590,196
 
261,532
                 
 
 
A-1-4

 

ANNEX A-1
                                                             
                                                                   
           
UW
                                                     
           
Economic
 
UW
 
UW Total
 
UW
 
UW Capital
 
UW
 
UW
 
UW NCF
 
UW NOI
 
UW NCF
     
Ground Lease
 
Ground Lease
     
Loan #
 
Seller(1)
 
Property Name
 
Occupancy %
 
Revenues ($)(3)
 
Expenses ($)
 
NOI ($)(3)(14)
 
 Items ($)
 
NCF ($)(3)(14)
 
 NOI DSCR(6)(15)
 
DSCR(6)(15)
 
Debt Yield %(6)
 
Debt Yield %(6)
 
Title Type
 
 Expiration
 
 Extension Terms
 
PML %
 
1
 
JPMCB
 
The Outlets at Orange
 
97.9%
 
34,844,400
 
9,237,940
 
25,606,460
 
1,306,276
 
24,300,185
 
2.79
 
2.64
 
11.9%
 
11.3%
 
Fee
         
8%
 
2
 
JPMCB
 
Technology Corners Building Six
 
96.5%
 
12,352,487
 
1,477,346
 
10,875,141
 
34,837
 
10,840,304
 
1.48
 
1.48
 
9.1%
 
9.0%
 
Fee
         
11%
 
3
 
JPMCB
 
Gumberg Retail Portfolio
 
94.1%
 
17,985,277
 
5,323,594
 
12,661,683
 
1,078,620
 
11,583,063
 
1.63
 
1.49
 
10.4%
 
9.5%
 
Fee/Leasehold
             
3.01
 
JPMCB
 
Waterworks
 
95.0%
 
13,153,057
 
3,807,242
 
9,345,814
 
730,786
 
8,615,029
                 
Fee/Leasehold
 
11/30/17
 
Two five-year options
     
3.02
 
JPMCB
 
Northtowne Mall
 
90.0%
 
3,161,091
 
1,048,130
 
2,112,961
 
258,371
 
1,854,590
                 
Fee
             
3.03
 
JPMCB
 
North Huntingdon Square
 
95.0%
 
1,671,129
 
468,221
 
1,202,908
 
89,464
 
1,113,444
                 
Fee
             
4
 
JPMCB
 
Lincolnwood Town Center
 
86.7%
 
11,719,047
 
6,522,985
 
5,196,062
 
421,992
 
4,774,070
 
1.66
 
1.52
 
9.8%
 
9.0%
 
Fee
             
5
 
JPMCB
 
160 Water Street
 
91.7%
 
16,538,258
 
9,274,950
 
7,263,308
 
844,306
 
6,419,002
 
1.50
 
1.32
 
7.3%
 
6.4%
 
Fee
             
6
 
JPMCB
 
200 West Monroe
 
85.7%
 
13,936,668
 
6,759,709
 
7,176,959
 
820,471
 
6,356,488
 
1.54
 
1.37
 
9.6%
 
8.5%
 
Fee
             
7
 
JPMCB
 
470 Vanderbilt Avenue
 
87.1%
 
19,232,099
 
7,552,338
 
11,679,761
 
438,578
 
11,241,183
 
1.87
 
1.80
 
8.2%
 
7.9%
 
Leasehold
 
02/01/77
 
None
     
8
 
JPMCB
 
U-Haul Portfolio
 
67.0%
 
6,579,726
 
2,270,585
 
4,309,142
 
72,801
 
4,236,340
 
1.71
 
1.68
 
10.8%
 
10.6%
 
Fee
         
Various
 
8.01
 
JPMCB
 
U-Haul Moving & Storage of Downtown San Francisco
 
70.5%
 
1,919,627
 
541,015
 
1,378,612
 
10,940
 
1,367,672
                 
Fee
         
18%
 
8.02
 
JPMCB
 
U-Haul Moving & Storage at Big Bend Road
 
72.6%
 
687,427
 
205,922
 
481,506
 
7,614
 
473,892
                 
Fee
             
8.03
 
JPMCB
 
U-Haul Moving & Storage of Providence at I-95
 
65.0%
 
763,733
 
260,360
 
503,373
 
7,499
 
495,874
                 
Fee
             
8.04
 
JPMCB
 
U-Haul Moving & Storage of Brooklyn Park
 
69.6%
 
538,790
 
260,879
 
277,910
 
4,595
 
273,315
                 
Fee
             
8.05
 
JPMCB
 
U-Haul Moving & Storage of Marana
 
44.5%
 
408,162
 
185,528
 
222,634
 
9,058
 
213,576
                 
Fee
             
8.06
 
JPMCB
 
U-Haul Moving & Storage of Pharr
 
56.6%
 
454,772
 
170,275
 
284,496
 
9,061
 
275,436
                 
Fee
             
8.07
 
JPMCB
 
U-Haul Moving & Storage at Rockdale Avenue
 
64.2%
 
432,395
 
115,188
 
317,207
 
5,273
 
311,934
                 
Fee
             
8.08
 
JPMCB
 
U-Haul Moving & Storage at Starkey Road
 
56.5%
 
309,274
 
131,810
 
177,464
 
5,137
 
172,326
                 
Fee
             
8.09
 
JPMCB
 
U-Haul Moving & Storage at Texas 130 & Kelly Lane
 
93.3%
 
389,851
 
146,020
 
243,831
 
5,526
 
238,305
                 
Fee
             
8.10
 
JPMCB
 
U-Haul Storage of Manchester West
 
77.9%
 
405,777
 
147,597
 
258,181
 
4,718
 
253,463
                 
Fee
             
8.11
 
JPMCB
 
U-Haul Moving & Storage of Downtown
 
83.5%
 
269,917
 
105,993
 
163,924
 
3,385
 
160,539
                 
Fee
             
9
 
JPMCB
 
109 Prince Street
 
96.9%
 
3,121,571
 
392,264
 
2,729,307
 
19,025
 
2,710,282
 
1.26
 
1.25
 
7.8%
 
7.7%
 
Fee
             
10
 
JPMCB
 
55 Broadway
 
88.9%
 
15,630,793
 
7,582,421
 
8,048,372
 
762,925
 
7,285,447
 
1.58
 
1.43
 
7.7%
 
6.9%
 
Fee
             
11
 
JPMCB
 
Westminster Mall
 
75.4%
 
16,854,539
 
6,623,182
 
10,231,358
 
656,067
 
9,575,290
 
1.95
 
1.82
 
12.1%
 
11.3%
 
Fee
         
12%
 
12
 
JPMCB
 
3 Forbes Road
 
95.0%
 
4,250,049
 
1,872,600
 
2,377,449
 
194,543
 
2,182,906
 
1.33
 
1.22
 
8.1%
 
7.5%
 
Fee
             
13
 
RCMC
 
4th & Pike
 
92.9%
 
3,124,622
 
779,023
 
2,345,600
 
152,200
 
2,193,400
 
1.46
 
1.36
 
9.0%
 
8.4%
 
Fee
         
12%
 
14
 
JPMCB
 
Hillsite Office Building
 
90.0%
 
3,204,863
 
1,578,513
 
1,626,349
 
134,314
 
1,492,036
 
1.28
 
1.17
 
7.9%
 
7.2%
 
Fee
             
15
 
JPMCB
 
University Gate Apartments
 
94.0%
 
3,023,457
 
971,853
 
2,051,603
 
48,500
 
2,003,103
 
1.66
 
1.62
 
10.3%
 
10.0%
 
Fee
             
16
 
JPMCB
 
1560 Trapelo Road
 
95.0%
 
2,733,363
 
639,715
 
2,093,649
 
73,200
 
2,020,449
 
1.82
 
1.76
 
11.2%
 
10.8%
 
Fee
             
17
 
JPMCB
 
One Allen Center
 
94.0%
 
3,519,471
 
1,510,901
 
2,008,570
 
252,471
 
1,756,099
 
2.51
 
2.19
 
11.2%
 
9.8%
 
Fee
             
18
 
JPMCB
 
Waterford Centre
 
90.0%
 
2,441,049
 
929,835
 
1,511,214
 
167,436
 
1,343,777
 
1.50
 
1.34
 
9.2%
 
8.2%
 
Fee
             
19
 
JPMCB
 
Madison Place
 
87.8%
 
3,739,943
 
1,023,550
 
2,716,393
 
258,627
 
2,457,767
 
1.86
 
1.68
 
17.0%
 
15.4%
 
Fee
             
20
 
RCMC
 
Providence at Zephyr Ridge
 
95.0%
 
2,342,256
 
1,085,388
 
1,256,868
 
36,400
 
1,220,468
 
1.39
 
1.35
 
8.3%
 
8.0%
 
Fee
             
21
 
RCMC
 
The GATE at Aberdeen Proving Ground
 
91.3%
 
2,377,208
 
621,268
 
1,755,939
 
168,697
 
1,587,242
 
1.90
 
1.72
 
11.8%
 
10.7%
 
Leasehold
 
03/23/60
 
One twenty five-year option
     
22
 
JPMCB
 
Pinnacle at Encino Commons
 
93.5%
 
2,041,812
 
652,577
 
1,389,235
 
124,247
 
1,264,988
 
1.64
 
1.49
 
10.3%
 
9.4%
 
Fee
             
23
 
JPMCB
 
Marriott Ann Arbor Ypsilanti
 
65.3%
 
12,574,664
 
11,277,508
 
1,297,156
 
0
 
1,297,156
 
1.66
 
1.66
 
10.4%
 
10.4%
 
Fee
             
24
 
JPMCB
 
The Elysian
 
95.0%
 
1,552,786
 
613,275
 
939,510
 
16,800
 
922,710
 
1.29
 
1.26
 
8.0%
 
7.8%
 
Fee
             
25
 
RCMC
 
Doubletree Raleigh-Cary
 
71.3%
 
3,886,673
 
2,642,354
 
1,244,319
 
0
 
1,244,319
 
1.75
 
1.75
 
10.6%
 
10.6%
 
Fee
     
 
     
26
 
JPMCB
 
French Quarter Guest Houses
 
70.0%
 
3,724,070
 
2,517,368
 
1,206,702
 
0
 
1,206,702
 
1.67
 
1.67
 
10.5%
 
10.5%
 
Fee
             
26.01
 
JPMCB
 
Lamothe House
 
71.6%
 
1,347,190
 
859,018
 
488,172
 
0
 
488,172
                 
Fee
             
26.02
 
JPMCB
 
Inn on St. Peter
 
77.3%
 
1,074,318
 
715,408
 
358,910
 
0
 
358,910
                 
Fee
             
26.03
 
JPMCB
 
Inn on St. Ann
 
62.3%
 
813,729
 
584,725
 
229,004
 
0
 
229,004
                 
Fee
             
26.04
 
JPMCB
 
Inn on Ursulines
 
67.1%
 
488,833
 
358,217
 
130,616
 
0
 
130,616
                 
Fee
             
27
 
RCMC
 
Crawfordsville Square
 
92.9%
 
1,940,522
 
869,990
 
1,070,533
 
143,949
 
926,584
 
1.65
 
1.42
 
10.1%
 
8.7%
 
Fee
             
28
 
JPMCB
 
Southwood Village
 
92.6%
 
1,599,970
 
504,706
 
1,095,265
 
81,202
 
1,014,062
 
1.69
 
1.57
 
10.5%
 
9.8%
 
Fee
         
17%
 
29
 
RCMC
 
Canal Place Office Park
 
91.6%
 
1,262,526
 
436,407
 
826,119
 
79,623
 
746,496
 
1.53
 
1.39
 
9.5%
 
8.6%
 
Fee
         
14%
 
30
 
RCMC
 
Purely Storage
 
74.3%
 
1,201,351
 
436,292
 
765,059
 
31,881
 
733,177
 
1.39
 
1.33
 
8.9%
 
8.6%
 
Fee
         
Various
 
30.01
 
RCMC
 
Flying Tiger Storage
 
70.3%
 
818,029
 
294,600
 
523,429
 
20,753
 
502,676
                 
Fee
         
12%
 
30.02
 
RCMC
 
U Lock it Up
 
85.9%
 
277,494
 
88,618
 
188,876
 
6,906
 
181,970
                 
Fee
         
9%
 
30.03
 
RCMC
 
Oasis Mini Storage
 
81.8%
 
105,828
 
53,074
 
52,754
 
4,223
 
48,531
                 
Fee
         
8%
 
31
 
JPMCB
 
Holiday Inn Express N. Provo/Orem
 
65.8%
 
2,712,099
 
1,887,127
 
824,972
 
0
 
824,972
 
1.62
 
1.62
 
10.0%
 
10.0%
 
Fee
         
5%
 
32
 
JPMCB
 
2501 Discovery
 
90.0%
 
1,217,881
 
321,400
 
896,481
 
111,942
 
784,538
 
1.73
 
1.51
 
11.2%
 
9.8%
 
Fee
             
33
 
JPMCB
 
Fairfield Inn & Suites South Boston
 
65.6%
 
2,065,108
 
1,348,899
 
716,209
 
0
 
716,209
 
1.57
 
1.57
 
11.0%
 
11.0%
 
Fee
             
34
 
JPMCB
 
Falls Building
 
83.5%
 
1,723,554
 
1,033,886
 
689,667
 
174,236
 
515,431
 
1.89
 
1.41
 
11.9%
 
8.9%
 
Fee
             
35
 
JPMCB
 
Paradise Center
 
98.0%
 
694,941
 
156,339
 
538,602
 
5,431
 
533,171
 
1.63
 
1.61
 
10.4%
 
10.3%
 
Fee
         
7%
 
36
 
RCMC
 
Comfort Inn Escondido
 
53.6%
 
1,610,093
 
1,072,934
 
537,159
 
0
 
537,159
 
1.84
 
1.84
 
11.9%
 
11.9%
 
Fee
         
9%
 
37
 
JPMCB
 
The Pinnacle Apartments
 
91.0%
 
871,235
 
552,293
 
318,942
 
29,500
 
289,442
 
1.55
 
1.40
 
9.5%
 
8.6%
 
Fee
         
16%
 
 
 
A-1-5

 

ANNEX A-1
                                                         
                                                               
           
UPFRONT ESCROW(16)
 
MONTHLY ESCROW(17)
 
                                                               
           
Upfront Capex
 
Upfront Engin.
 
Upfront Envir.
 
Upfront TI/LC
 
Upfront RE Tax
 
Upfront Ins.
 
Upfront Other
 
Monthly Capex
 
Monthly Envir.
 
Monthly TI/LC
 
Monthly RE Tax
 
Monthly Ins.
 
Monthly Other
 
Loan #
 
Seller(1)
 
Property Name
 
Reserve ($)
 
Reserve ($)
 
 Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)(18)
 
1
 
JPMCB
 
The Outlets at Orange
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
Springing
 
0
 
Springing
 
Springing
 
Springing
 
0
 
2
 
JPMCB
 
Technology Corners Building Six
 
0
 
0
 
0
 
0
 
0
 
0
 
14,985,397
 
2,903
 
0
 
0
 
49,200
 
Springing
 
0
 
3
 
JPMCB
 
Gumberg Retail Portfolio
 
0
 
0
 
0
 
0
 
527,665
 
86,696
 
3,014,665
 
17,971
 
0
 
83,333
 
148,762
 
14,120
 
41,203
 
3.01
 
JPMCB
 
Waterworks
                                                     
3.02
 
JPMCB
 
Northtowne Mall
                                                     
3.03
 
JPMCB
 
North Huntingdon Square
                                                     
4
 
JPMCB
 
Lincolnwood Town Center
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
Springing
 
0
 
Springing
 
Springing
 
Springing
 
0
 
5
 
JPMCB
 
160 Water Street
 
8,125
 
6,000
 
0
 
46,721
 
1,106,868
 
9,699
 
1,009,167
 
8,125
 
0
 
46,721
 
221,374
 
9,699
 
0
 
6
 
JPMCB
 
200 West Monroe
 
9,819
 
0
 
0
 
70,834
 
1,155,701
 
0
 
111,241
 
9,819
 
0
 
70,833
 
233,896
 
Springing
 
0
 
7
 
JPMCB
 
470 Vanderbilt Avenue
 
8,085
 
25,875
 
0
 
0
 
36,619
 
0
 
32,704,527
 
8,085
 
0
 
Springing
 
12,452
 
Springing
 
263,672
 
8
 
JPMCB
 
U-Haul Portfolio
 
54,600
 
184,688
 
0
 
0
 
471,861
 
14,481
 
0
 
9,100
 
0
 
0
 
Springing
 
Springing
 
0
 
8.01
 
JPMCB
 
U-Haul Moving & Storage of Downtown San Francisco
                                                     
8.02
 
JPMCB
 
U-Haul Moving & Storage at Big Bend Road
                                                     
8.03
 
JPMCB
 
U-Haul Moving & Storage of Providence at I-95
                                                     
8.04
 
JPMCB
 
U-Haul Moving & Storage of Brooklyn Park
                                                     
8.05
 
JPMCB
 
U-Haul Moving & Storage of Marana
                                                     
8.06
 
JPMCB
 
U-Haul Moving & Storage of Pharr
                                                     
8.07
 
JPMCB
 
U-Haul Moving & Storage at Rockdale Avenue
                                                     
8.08
 
JPMCB
 
U-Haul Moving & Storage at Starkey Road
                                                     
8.09
 
JPMCB
 
U-Haul Moving & Storage at Texas 130 & Kelly Lane
                                                     
8.10
 
JPMCB
 
U-Haul Storage of Manchester West
                                                     
8.11
 
JPMCB
 
U-Haul Moving & Storage of Downtown
                                                     
9
 
JPMCB
 
109 Prince Street
 
0
 
0
 
0
 
0
 
66,119
 
4,026
 
0
 
0
 
0
 
0
 
11,020
 
2,013
 
Springing
 
10
 
JPMCB
 
55 Broadway
 
5,784
 
1,430,000
 
0
 
57,837
 
1,077,943
 
0
 
1,534,242
 
5,784
 
0
 
57,837
 
215,589
 
Springing
 
0
 
11
 
JPMCB
 
Westminster Mall
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
Springing
 
0
 
Springing
 
Springing
 
Springing
 
0
 
12
 
JPMCB
 
3 Forbes Road
 
2,508
 
0
 
0
 
0
 
0
 
0
 
149,215
 
2,508
 
0
 
0
 
Springing
 
Springing
 
0
 
13
 
RCMC
 
4th & Pike
 
0
 
0
 
0
 
200,000
 
58,076
 
19,213
 
36,193
 
1,689
 
0
 
12,662
 
19,359
 
2,135
 
0
 
14
 
JPMCB
 
Hillsite Office Building
 
2,991
 
0
 
0
 
0
 
0
 
0
 
105,870
 
2,991
 
0
 
Springing
 
Springing
 
Springing
 
0
 
15
 
JPMCB
 
University Gate Apartments
 
4,042
 
0
 
0
 
0
 
113,724
 
21,788
 
0
 
4,042
 
0
 
0
 
20,073
 
3,632
 
0
 
16
 
JPMCB
 
1560 Trapelo Road
 
690
 
0
 
0
 
0
 
0
 
0
 
95,641
 
690
 
0
 
0
 
Springing
 
Springing
 
0
 
17
 
JPMCB
 
One Allen Center
 
2,509
 
0
 
0
 
1,000,000
 
152,337
 
0
 
513,961
 
2,509
 
0
 
Springing
 
30,468
 
Springing
 
0
 
18
 
JPMCB
 
Waterford Centre
 
1,142
 
8,313
 
0
 
8,750
 
50,608
 
0
 
38,018
 
1,142
 
0
 
8,750
 
20,243
 
Springing
 
0
 
19
 
JPMCB
 
Madison Place
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
20
 
RCMC
 
Providence at Zephyr Ridge
 
0
 
0
 
0
 
0
 
162,444
 
24,727
 
0
 
3,033
 
0
 
0
 
20,305
 
6,182
 
0
 
21
 
RCMC
 
The GATE at Aberdeen Proving Ground
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
1,754
 
0
 
13,155
 
Springing
 
Springing
 
0
 
22
 
JPMCB
 
Pinnacle at Encino Commons
 
0
 
3,750
 
0
 
0
 
165,898
 
0
 
0
 
1,245
 
0
 
10,375
 
27,650
 
6,738
 
0
 
23
 
JPMCB
 
Marriott Ann Arbor Ypsilanti
 
46,122
 
322,438
 
0
 
0
 
135,742
 
46,322
 
254,000
 
4% of Gross Revenues
 
0
 
0
 
23,607
 
Springing
 
127,000
 
24
 
JPMCB
 
The Elysian
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
Springing
 
0
 
0
 
14,584
 
Springing
 
0
 
25
 
RCMC
 
Doubletree Raleigh-Cary
 
0
 
1,200
 
0
 
0
 
45,613
 
0
 
570,374
 
4% of Gross Revenues
 
0
 
0
 
6,516
 
Springing
 
0
 
26
 
JPMCB
 
French Quarter Guest Houses
 
12,414
 
21,923
 
0
 
0
 
43,972
 
31,540
 
0
 
4% of Gross Revenues
 
0
 
0
 
8,794
 
15,770
 
0
 
26.01
 
JPMCB
 
Lamothe House
                                                     
26.02
 
JPMCB
 
Inn on St. Peter
                                                     
26.03
 
JPMCB
 
Inn on St. Ann
                                                     
26.04
 
JPMCB
 
Inn on Ursulines
                                                     
27
 
RCMC
 
Crawfordsville Square
 
0
 
197,897
 
0
 
0
 
74,277
 
32,377
 
419,334
 
5,070
 
0
 
6,926
 
37,138
 
3,597
 
0
 
28
 
JPMCB
 
Southwood Village
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
Springing
 
0
 
Springing
 
Springing
 
Springing
 
0
 
29
 
RCMC
 
Canal Place Office Park
 
0
 
0
 
0
 
100,000
 
29,024
 
2,938
 
34,939
 
1,721
 
0
 
4,915
 
9,675
 
1,469
 
0
 
30
 
RCMC
 
Purely Storage
 
0
 
0
 
0
 
0
 
40,803
 
2,259
 
0
 
2,657
 
0
 
0
 
10,201
 
1,537
 
0
 
30.01
 
RCMC
 
Flying Tiger Storage
                                                     
30.02
 
RCMC
 
U Lock it Up
                                                     
30.03
 
RCMC
 
Oasis Mini Storage
                                                     
31
 
JPMCB
 
Holiday Inn Express N. Provo/Orem
 
9,040
 
0
 
0
 
0
 
43,087
 
20,000
 
0
 
4% of Gross Revenues
 
0
 
0
 
6,155
 
Springing
 
0
 
32
 
JPMCB
 
2501 Discovery
 
937
 
0
 
0
 
8,432
 
62,131
 
0
 
227,850
 
937
 
0
 
8,432
 
8,876
 
Springing
 
0
 
33
 
JPMCB
 
Fairfield Inn & Suites South Boston
 
6,884
 
31,900
 
0
 
0
 
25,644
 
0
 
0
 
4% of Gross Revenues
 
0
 
0
 
3,664
 
4,807
 
0
 
34
 
JPMCB
 
Falls Building
 
2,930
 
0
 
0
 
12,922
 
31,043
 
0
 
632,106
 
2,930
 
0
 
12,922
 
10,700
 
Springing
 
0
 
35
 
JPMCB
 
Paradise Center
 
453
 
0
 
0
 
0
 
14,750
 
647
 
0
 
453
 
0
 
0
 
7,375
 
647
 
0
 
36
 
RCMC
 
Comfort Inn Escondido
 
0
 
36,563
 
0
 
0
 
20,392
 
3,169
 
0
 
4% of Gross Revenues
 
0
 
0
 
6,797
 
1,584
 
0
 
37
 
JPMCB
 
The Pinnacle Apartments
 
659,000
 
0
 
0
 
0
 
0
 
0
 
0
 
2,458
 
0
 
0
 
5,446
 
Springing
 
0
 
 
 
A-1-6

 

ANNEX A-1
                                                             
                                                                   
           
RESERVE CAPS(19)
     
LARGEST TENANT
 
2nd LARGEST TENANT
 
           
CapEx
 
Envir.
                                                 
            Reserve  
Reserve
 
TI/LC
 
RE Tax
 
Insur.
 
Debt Service
 
Other
 
Single
         
Lease
         
Lease
 
Loan #
 
Seller(1)
 
Property Name
 
Cap ($)
 
Cap ($)
 
 Reserve Cap ($)
 
 Reserve Cap ($)
 
 Reserve Cap ($)
 
 Reserve Cap ($)
 
 Reserve Cap ($)
 
Tenant
 
Largest Tenant(3)(20)(21)(22)
 
Unit Size
 
Expiration
 
2nd Largest Tenant(3)(20)(21)(22)
 
Unit Size
 
Expiration
 
1
 
JPMCB
 
The Outlets at Orange
 
407,000
     
2,205,552
                 
No
 
AMC Theatres
 
112,830
 
11/30/18
 
Dave & Buster’s
 
57,974
 
01/31/18
 
2
 
JPMCB
 
Technology Corners Building Six
                             
Yes
 
Google
 
232,248
 
09/30/24
             
3
 
JPMCB
 
Gumberg Retail Portfolio
         
5,000,000
                 
No
                         
3.01
 
JPMCB
 
Waterworks
                             
No
 
Giant Eagle
 
107,928
 
08/31/23
 
Walmart
 
80,618
 
01/31/23
 
3.02
 
JPMCB
 
Northtowne Mall
                             
No
 
Sears
 
87,235
 
04/19/18
 
JCPenney
 
47,538
 
03/31/20
 
3.03
 
JPMCB
 
North Huntingdon Square
                             
No
 
Giant Eagle
 
103,541
 
11/30/20
 
Famous Footwear
 
6,030
 
06/30/16
 
4
 
JPMCB
 
Lincolnwood Town Center
 
316,512
     
1,076,080
                 
No
 
Carson Pirie Scott
 
118,516
 
01/31/16
 
Kohl’s
 
102,314
 
01/31/24
 
5
 
JPMCB
 
160 Water Street
                             
No
 
New York City Health and Hospital Corporation
 
290,241
 
12/31/23
 
Beth Israel Medical Center
 
107,500
 
10/31/25
 
6
 
JPMCB
 
200 West Monroe
         
3,400,000
                 
No
 
Select Hotels Group
 
74,067
 
03/01/16
 
Equinox Fitness
 
33,528
 
03/01/24
 
7
 
JPMCB
 
470 Vanderbilt Avenue
 
194,050
                         
No
 
New York City Human Resources Administration   
400,300
 
01/31/33
 
New York City Housing Authority
 
62,400
 
03/31/30
 
8
 
JPMCB
 
U-Haul Portfolio
 
54,600
                         
No
                         
8.01
 
JPMCB
 
U-Haul Moving & Storage of Downtown San Francisco
                             
No
                         
8.02
 
JPMCB
 
U-Haul Moving & Storage at Big Bend Road
                             
No
                         
8.03
 
JPMCB
 
U-Haul Moving & Storage of Providence at I-95
                             
No
                         
8.04
 
JPMCB
 
U-Haul Moving & Storage of Brooklyn Park
                             
No
                         
8.05
 
JPMCB
 
U-Haul Moving & Storage of Marana
                             
No
                         
8.06
 
JPMCB
 
U-Haul Moving & Storage of Pharr
                             
No
                         
8.07
 
JPMCB
 
U-Haul Moving & Storage at Rockdale Avenue
                             
No
                         
8.08
 
JPMCB
 
U-Haul Moving & Storage at Starkey Road
                             
No
                         
8.09
 
JPMCB
 
U-Haul Moving & Storage at Texas 130 & Kelly Lane
                             
No
                         
8.10
 
JPMCB
 
U-Haul Storage of Manchester West
                             
No
                         
8.11
 
JPMCB
 
U-Haul Moving & Storage of Downtown
                             
No
                         
9
 
JPMCB
 
109 Prince Street
                             
No
 
Polo New York, LLC
 
9,881
 
01/31/26
 
Jean-Georges Enterprises, LLC
 
3,432
 
06/30/15
 
10
 
JPMCB
 
55 Broadway
         
1,388,092
                 
No
 
Bank of Communications
 
23,434
 
12/31/19
 
Knight Capital Group
 
20,964
 
10/31/15
 
11
 
JPMCB
 
Westminster Mall
 
578,883
     
2,315,532
                 
No
 
Target
 
175,000
 
01/28/23
 
JCPenney
 
157,000
 
01/31/21
 
12
 
JPMCB
 
3 Forbes Road
                             
No
 
Agenus Inc.
 
83,171
 
08/31/23
 
Massachusetts Institute of Technology
 
78,948
 
10/31/21
 
13
 
RCMC
 
4th & Pike
                             
No
 
Taphandles
 
11,976
 
05/31/17
 
Landesa
 
11,770
 
12/31/17
 
14
 
JPMCB
 
Hillsite Office Building
                             
No
 
Newton Executive Office Center
 
10,060
 
11/30/17
 
Coretelligent, LLC
 
8,241
 
02/28/18
 
15
 
JPMCB
 
University Gate Apartments
                             
No
                         
16
 
JPMCB
 
1560 Trapelo Road
                             
Yes
 
Autodesk
 
61,000
 
07/31/23
             
17
 
JPMCB
 
One Allen Center
         
750,000
                 
No
 
Kone, Inc.
 
24,263
 
12/31/16
 
GDSX, Ltd
 
21,805
 
08/31/22
 
18
 
JPMCB
 
Waterford Centre
         
420,000
                 
No
 
Whirlpool Corporation
 
16,371
 
03/31/19
 
Travel Traders, LLC
 
11,940
 
03/31/18
 
19
 
JPMCB
 
Madison Place
                             
No
 
Dunham’s
 
49,483
 
01/31/19
 
JoAnn Fabric
 
35,861
 
01/31/19
 
20
 
RCMC
 
Providence at Zephyr Ridge
                             
No
                         
21
 
RCMC
 
The GATE at Aberdeen Proving Ground
 
63,144
     
325,000
                 
No
 
D&S Consultants, Inc.
 
42,046
 
11/30/19
 
GSA - Defense Acquisition University
 
12,074
 
09/26/21
 
22
 
JPMCB
 
Pinnacle at Encino Commons
                             
No
 
Golds Gym
 
50,151
 
11/30/23
 
Aveda
 
16,020
 
05/31/23
 
23
 
JPMCB
 
Marriott Ann Arbor Ypsilanti
                         
828,000
 
No
                         
24
 
JPMCB
 
The Elysian
 
55,125
                         
No
                         
25
 
RCMC
 
Doubletree Raleigh-Cary
                             
No
                         
26
 
JPMCB
 
French Quarter Guest Houses
 
300,000
                         
No
                         
26.01
 
JPMCB
 
Lamothe House
                             
No
                         
26.02
 
JPMCB
 
Inn on St. Peter
                             
No
                         
26.03
 
JPMCB
 
Inn on St. Ann
                             
No
                         
26.04
 
JPMCB
 
Inn on Ursulines
                             
No
                         
27
 
RCMC
 
Crawfordsville Square
 
243,360
     
249,336
                 
No
 
Dunham’s
 
54,188
 
01/31/21
 
Kroger
 
50,750
 
10/31/16
 
28
 
JPMCB
 
Southwood Village
                             
No
 
ACE Hardware
 
11,910
 
04/30/19
 
Dollar Tree
 
10,480
 
03/31/18
 
29
 
RCMC
 
Canal Place Office Park
         
300,000
                 
No
 
Catalyst Marketing
 
7,793
 
10/17/18
 
National Multiple Sclerosis Society
 
5,775
 
07/31/16
 
30
 
RCMC
 
Purely Storage
                             
No
                         
30.01
 
RCMC
 
Flying Tiger Storage
                             
No
                         
30.02
 
RCMC
 
U Lock it Up
                             
No
                         
30.03
 
RCMC
 
Oasis Mini Storage
                             
No
                         
31
 
JPMCB
 
Holiday Inn Express N. Provo/Orem
                             
No
                         
32
 
JPMCB
 
2501 Discovery
 
22,488
     
1,300,000
                 
No
 
Sonofi Pasteur Vax Design
 
34,318
 
01/14/22
 
Biotest Pharmaceuticals
 
15,190
 
06/21/24
 
33
 
JPMCB
 
Fairfield Inn & Suites South Boston
                             
No
                         
34
 
JPMCB
 
Falls Building
                             
No
 
GSA
 
23,301
 
01/31/15
 
Memphis Area Chamber of Commerce
 
19,977
 
08/31/22
 
35
 
JPMCB
 
Paradise Center
 
21,726
                         
Yes
 
Paradise Medical Office
 
27,157
 
04/30/32
             
36
 
RCMC
 
Comfort Inn Escondido
                             
No
                         
37
 
JPMCB
 
The Pinnacle Apartments
                             
No
                         
 
 
A-1-7

 

ANNEX A-1
                                           
                                                 
           
3rd LARGEST TENANT
 
4th LARGEST TENANT
 
5th LARGEST TENANT
   
                                                 
                   
Lease
         
Lease
         
Lease
 
Loan
Loan #
 
Seller(1)
 
Property Name
 
3rd Largest Tenant(3)(20)(21)(22)
 
Unit Size
 
Expiration
 
4th Largest Tenant(3)(20)(21)(22)
 
Unit Size
 
Expiration
 
5th Largest Tenant(3)(20)(21)(22)
 
Unit Size
 
Expiration
 
Purpose
1
 
JPMCB
 
The Outlets at Orange
 
Vans Skate Park
 
42,355
 
11/18/18
 
LA Fitness
 
38,000
 
10/21/19
 
Nordstrom Rack
 
35,002
 
02/28/22
 
Refinance
2
 
JPMCB
 
Technology Corners Building Six
                                     
Refinance
3
 
JPMCB
 
Gumberg Retail Portfolio
                                     
Refinance
3.01
 
JPMCB
 
Waterworks
 
Waterworks Cinemas
 
33,168
 
10/31/27
 
Ross Dress for Less
 
31,123
 
01/31/18
 
Bed Bath & Beyond
 
30,025
 
01/31/17
   
3.02
 
JPMCB
 
Northtowne Mall
 
Elder-Beerman
 
45,000
 
01/31/17
 
Dunham’s Sports
 
26,000
 
01/31/23
 
Big Lots
 
25,299
 
01/31/24
   
3.03
 
JPMCB
 
North Huntingdon Square
 
Eat’n Park
 
5,895
 
04/30/18
 
Bob Evans
 
5,300
 
09/30/24
 
Panera Bread
 
5,250
 
05/31/21
   
4
 
JPMCB
 
Lincolnwood Town Center
 
Old Navy
 
17,586
 
01/31/15
 
The Gap/Gap Kids
 
8,984
 
01/31/16
 
Express Women
 
7,462
 
01/31/24
 
Refinance
5
 
JPMCB
 
160 Water Street
 
Seneca Insurance Company
 
43,000
 
09/30/20
 
New York City Health and Hospital Corporation
 
20,600
 
12/31/15
 
Oestreicher Construction Corp
 
5,259
 
04/30/18
 
Acquisition
6
 
JPMCB
 
200 West Monroe
 
AMLI Residential
 
29,863
 
01/01/19
 
Destiny Health
 
28,784
 
08/01/15
 
Barcodes Renewal
 
28,119
 
12/01/17
 
Acquisition
7
 
JPMCB
 
470 Vanderbilt Avenue
 
The League School
 
39,740
 
03/14/37
 
Carl Fenichel Community Services, Inc.
 
37,408
 
01/30/37
 
Aereo
 
19,360
 
02/15/17
 
Acquisition
8
 
JPMCB
 
U-Haul Portfolio
                                     
Refinance
8.01
 
JPMCB
 
U-Haul Moving & Storage of Downtown San Francisco
                                       
8.02
 
JPMCB
 
U-Haul Moving & Storage at Big Bend Road
                                       
8.03
 
JPMCB
 
U-Haul Moving & Storage of Providence at I-95
                                       
8.04
 
JPMCB
 
U-Haul Moving & Storage of Brooklyn Park
                                       
8.05
 
JPMCB
 
U-Haul Moving & Storage of Marana
                                       
8.06
 
JPMCB
 
U-Haul Moving & Storage of Pharr
                                       
8.07
 
JPMCB
 
U-Haul Moving & Storage at Rockdale Avenue
                                       
8.08
 
JPMCB
 
U-Haul Moving & Storage at Starkey Road
                                       
8.09
 
JPMCB
 
U-Haul Moving & Storage at Texas 130 & Kelly Lane
                                       
8.10
 
JPMCB
 
U-Haul Storage of Manchester West
                                       
8.11
 
JPMCB
 
U-Haul Moving & Storage of Downtown
                                       
9
 
JPMCB
 
109 Prince Street
                                     
Refinance
10
 
JPMCB
 
55 Broadway
 
Hugh Wood
 
13,779
 
12/31/18
 
Syscom (USA), Inc
 
12,704
 
05/31/16
 
ProPublica
 
10,790
 
03/31/15
 
Acquisition
11
 
JPMCB
 
Westminster Mall
 
Old Navy
 
22,064
 
04/30/15
 
DSW Shoe Warehouse
 
17,796
 
06/30/17
 
Chuze Fitness
 
17,253
 
12/31/23
 
Refinance
12
 
JPMCB
 
3 Forbes Road
                                     
Refinance
13
 
RCMC
 
4th & Pike
 
Hulu
 
10,236
 
10/31/17
 
Enprecis, Inc.
 
5,122
 
05/31/18
 
Auction Edge, Inc.
 
5,050
 
09/30/16
 
Refinance
14
 
JPMCB
 
Hillsite Office Building
 
Waldron H. Rand & Company
 
8,054
 
01/31/15
 
Extreme Reach
 
7,892
 
10/31/17
 
Levine, Caufield, Martin & Goldberg
 
7,800
 
05/31/19
 
Refinance
15
 
JPMCB
 
University Gate Apartments
                                     
Refinance
16
 
JPMCB
 
1560 Trapelo Road
                                     
Refinance
17
 
JPMCB
 
One Allen Center
 
Replacement Source of America
 
16,084
 
04/30/21
 
Lewis & Ellis
 
13,231
 
11/30/21
 
No Magic Incorporated
 
10,227
 
09/30/16
 
Acquisition
18
 
JPMCB
 
Waterford Centre
 
Jobing.com
 
8,752
 
10/31/14
 
The Parker Company LLC
 
7,668
 
11/30/17
 
McAfee, Inc.
 
5,741
 
12/31/18
 
Acquisition
19
 
JPMCB
 
Madison Place
 
Michaels
 
22,366
 
01/31/15
 
OfficeMax
 
22,083
 
01/31/15
 
Party Concepts
 
16,577
 
01/31/17
 
Refinance
20
 
RCMC
 
Providence at Zephyr Ridge
                                     
Refinance
21
 
RCMC
 
The GATE at Aberdeen Proving Ground
 
The Telford Group
 
11,160
 
08/31/16
 
QED Systems
 
9,060
 
09/30/16
 
NetCentric
 
7,446
 
07/31/17
 
Refinance
22
 
JPMCB
 
Pinnacle at Encino Commons
 
Wild West
 
13,222
 
04/30/17
 
Evans Grocery
 
5,567
 
08/31/23
 
Koyla Grille
 
3,322
 
01/31/19
 
Refinance
23
 
JPMCB
 
Marriott Ann Arbor Ypsilanti
                                     
Refinance
24
 
JPMCB
 
The Elysian
                                     
Refinance
25
 
RCMC
 
Doubletree Raleigh-Cary
                                     
Refinance
26
 
JPMCB
 
French Quarter Guest Houses
                                     
Refinance
26.01
 
JPMCB
 
Lamothe House
                                       
26.02
 
JPMCB
 
Inn on St. Peter
                                       
26.03
 
JPMCB
 
Inn on St. Ann
                                       
26.04
 
JPMCB
 
Inn on Ursulines
                                       
27
 
RCMC
 
Crawfordsville Square
 
Taylor Lanes
 
29,973
 
06/30/26
 
Thrifty Wholesale Supply
 
19,266
 
06/30/19
 
Goody’s
 
18,592
 
08/31/21
 
Refinance
28
 
JPMCB
 
Southwood Village
 
Goodwill Industries
 
8,515
 
03/31/24
 
Texas Loosey’s
 
4,495
 
12/31/14
 
Powerhouse Gym
 
4,250
 
08/31/15
 
Refinance
29
 
RCMC
 
Canal Place Office Park
 
Sider & Byers, Inc.
 
4,831
 
08/31/15
 
Sierra Club
 
4,810
 
10/31/17
 
CT Engineering
 
4,546
 
12/31/15
 
Refinance
30
 
RCMC
 
Purely Storage
                                     
Refinance
30.01
 
RCMC
 
Flying Tiger Storage
                                       
30.02
 
RCMC
 
U Lock it Up
                                       
30.03
 
RCMC
 
Oasis Mini Storage
                                       
31
 
JPMCB
 
Holiday Inn Express N. Provo/Orem
                                     
Refinance
32
 
JPMCB
 
2501 Discovery
 
Avnet, Inc.
 
11,904
 
05/31/16
 
Realtime Immersive, Inc.
 
7,868
 
05/26/19
             
Acquisition
33
 
JPMCB
 
Fairfield Inn & Suites South Boston
                                     
Refinance
34
 
JPMCB
 
Falls Building
 
Memphis Area Legal Services
 
13,473
 
06/30/30
 
Shuttleworth Williams, PLLC
 
7,686
 
06/30/19
 
Seedco
 
6,212
 
07/31/14
 
Refinance
35
 
JPMCB
 
Paradise Center
                                     
Acquisition
36
 
RCMC
 
Comfort Inn Escondido
                                     
Refinance
37
 
JPMCB
 
The Pinnacle Apartments
                                     
Acquisition
 
 
A-1-8

 

ANNEX A-1
       
             
Loan #
 
Seller(1)
 
Property Name
 
Principal / Carveout Guarantor(23)
1
 
JPMCB
 
The Outlets at Orange
 
Simon Property Group, L.P.
2
 
JPMCB
 
Technology Corners Building Six
 
Joseph K. Paul, Jay Paul Revocable Living Trust dated November 9, 1999, as amended and restated on March 19, 2010
3
 
JPMCB
 
Gumberg Retail Portfolio
 
Ira J. Gumberg
3.01
 
JPMCB
 
Waterworks
   
3.02
 
JPMCB
 
Northtowne Mall
   
3.03
 
JPMCB
 
North Huntingdon Square
   
4
 
JPMCB
 
Lincolnwood Town Center
 
Simon Property Group, L.P.
5
 
JPMCB
 
160 Water Street
 
None
6
 
JPMCB
 
200 West Monroe
 
Gimmel Investment Properties, LLLP, Gimmel Investment Properties (US), LLLP
7
 
JPMCB
 
470 Vanderbilt Avenue
 
RXR Real Estate Value Added Fund LP, RXR Real Estate Value Added Fund Parallel LP, RXR Real Estate Value Added Fund Parallel II LP, RXR Real Estate Value Added Fund Parallel II (REIT) LP, RXR Real Estate Value Added Fund Parallel III LP
8
 
JPMCB
 
U-Haul Portfolio
 
AMERCO
8.01
 
JPMCB
 
U-Haul Moving & Storage of Downtown San Francisco
   
8.02
 
JPMCB
 
U-Haul Moving & Storage at Big Bend Road
   
8.03
 
JPMCB
 
U-Haul Moving & Storage of Providence at I-95
   
8.04
 
JPMCB
 
U-Haul Moving & Storage of Brooklyn Park
   
8.05
 
JPMCB
 
U-Haul Moving & Storage of Marana
   
8.06
 
JPMCB
 
U-Haul Moving & Storage of Pharr
   
8.07
 
JPMCB
 
U-Haul Moving & Storage at Rockdale Avenue
   
8.08
 
JPMCB
 
U-Haul Moving & Storage at Starkey Road
   
8.09
 
JPMCB
 
U-Haul Moving & Storage at Texas 130 & Kelly Lane
   
8.10
 
JPMCB
 
U-Haul Storage of Manchester West
   
8.11
 
JPMCB
 
U-Haul Moving & Storage of Downtown
   
9
 
JPMCB
 
109 Prince Street
 
Jean-Pierre Lehmann, Rachel Lehmann
10
 
JPMCB
 
55 Broadway
 
HGGP Capital, LLC, HGGP Capital II, LLC, HGGP Capital III, LLC, HGGP Capital IV, LLC, HGGP Capital V, LLC, HGGP Capital VI, LLC, HGGP Capital VII, LLC, HGGP Capital VIII, LLC, HGGP Capital IX, LLC
11
 
JPMCB
 
Westminster Mall
 
Simon Property Group, L.P.
12
 
JPMCB
 
3 Forbes Road
 
BRI 3 Holdings, LLC
13
 
RCMC
 
4th & Pike
 
John M. Klimp, Peter Keady
14
 
JPMCB
 
Hillsite Office Building
 
BRI 3 Holdings, LLC
15
 
JPMCB
 
University Gate Apartments
 
Benjamin L. Heim, Bruce K. Heim, Heim Family Limited Partnership
16
 
JPMCB
 
1560 Trapelo Road
 
BRI 3 Holdings, LLC
17
 
JPMCB
 
One Allen Center
 
Investcorp US Real Estate, LLC
18
 
JPMCB
 
Waterford Centre
 
Ivy Realty Fund III, L.P.
19
 
JPMCB
 
Madison Place
 
None
20
 
RCMC
 
Providence at Zephyr Ridge
 
Tom E. Green, Michelle M. Pierce
21
 
RCMC
 
The GATE at Aberdeen Proving Ground
 
Edward St. John, LLC
22
 
JPMCB
 
Pinnacle at Encino Commons
 
John Bao Vu, Matthieu Marie Bernard Lauras, Daniel Deichert
23
 
JPMCB
 
Marriott Ann Arbor Ypsilanti
 
Jeffrey D. Long, Jerry D. Cox
24
 
JPMCB
 
The Elysian
 
Nick Walton, Daniel Oberpriller, James Eischens, Richard Eischens
25
 
RCMC
 
Doubletree Raleigh-Cary
 
Shaunak R. Patel, Ramesh C. Patel
26
 
JPMCB
 
French Quarter Guest Houses
 
Elie V. Khoury
26.01
 
JPMCB
 
Lamothe House
   
26.02
 
JPMCB
 
Inn on St. Peter
   
26.03
 
JPMCB
 
Inn on St. Ann
   
26.04
 
JPMCB
 
Inn on Ursulines
   
27
 
RCMC
 
Crawfordsville Square
 
Peter Kalkus
28
 
JPMCB
 
Southwood Village
 
KIM-BIG 2 JV, LP
29
 
RCMC
 
Canal Place Office Park
 
James B. Potter, Rebecca A. Potter, Joseph Yencich, Jr.
30
 
RCMC
 
Purely Storage
 
Bradley G. Lund
30.01
 
RCMC
 
Flying Tiger Storage
   
30.02
 
RCMC
 
U Lock it Up
   
30.03
 
RCMC
 
Oasis Mini Storage
   
31
 
JPMCB
 
Holiday Inn Express N. Provo/Orem
 
Jeffrey A. Stockert, Ronald J. Rivett
32
 
JPMCB
 
2501 Discovery
 
Jeff K. McFadden, Guenther Reibling (a/k/a Gunther Reibling)
33
 
JPMCB
 
Fairfield Inn & Suites South Boston
 
John H. Ferguson
34
 
JPMCB
 
Falls Building
 
William Z. Hertz, Isaac Hertz, Sarah Hertz Gordon
35
 
JPMCB
 
Paradise Center
 
Albert Nasser Ghiam, Albert Nasser Ghiam, as a trustee of the 2007 Albert Nasser Ghiam and Victoria Ghiam Revocable Trust dated November 8, 2007
36
 
RCMC
 
Comfort Inn Escondido
 
Sabri Salim
37
 
JPMCB
 
The Pinnacle Apartments
 
Craig Koenigsberg
 
 
A-1-9

 

ANNEX A-1
                                           
                                                 
                                   
Total Debt
 
Total Debt
     
Total Debt
           
Lockbox
 
Lockbox
 
Additional Debt
 
Additional Debt
 
Additional Debt
 
Additional Debt
 
Current
 
 UW NCF
 
Total Debt
 
 UW NOI
Loan #
 
Seller(1)
 
Property Name
 
 (Y/N)
 
 Type(24)
 
 Permitted (Y/N)
 
 Exist (Y/N)(25)
 
 Amount ($)
 
 Type
 
Balance ($)
 
 DSCR
 
Current LTV %
 
 Debt Yield %
1
 
JPMCB
 
The Outlets at Orange
 
Yes
 
CMA
 
No
 
Yes
 
125,000,000
 
A-1 Note / Pari Passu ($125MM)
 
215,000,000
 
2.64
 
51.4%
 
11.9%
2
 
JPMCB
 
Technology Corners Building Six
 
Yes
 
Hard
 
No
 
Yes
 
80,000,000
 
A-2 Note / Pari Passu ($60MM) & Mezz ($20MM)
 
140,000,000
 
1.22
 
80.0%
 
7.8%
3
 
JPMCB
 
Gumberg Retail Portfolio
 
Yes
 
Hard
 
No
 
Yes
 
81,500,000
 
A- 1 Note / Pari Passu ($65MM) & B-Note ($16.5MM)
 
138,208,303
 
1.21
 
78.4%
 
9.2%
3.01
 
JPMCB
 
Waterworks
                                       
3.02
 
JPMCB
 
Northtowne Mall
                                       
3.03
 
JPMCB
 
North Huntingdon Square
                                       
4
 
JPMCB
 
Lincolnwood Town Center
 
Yes
 
CMA
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
5
 
JPMCB
 
160 Water Street
 
Yes
 
Hard
 
No
 
Yes
 
49,000,000
 
A-2 Note / Pari Passu ($49MM)
 
99,600,000
 
1.32
 
60.4%
 
7.3%
6
 
JPMCB
 
200 West Monroe
 
Yes
 
CMA
 
Yes
 
Yes
 
25,000,000
 
Permitted Mezzanine / A-2 Note / Pari Passu ($25MM)
 
75,000,000
 
1.37
 
74.3%
 
9.6%
7
 
JPMCB
 
470 Vanderbilt Avenue
 
Yes
 
Hard
 
No
 
Yes
 
100,000,000
 
A-1 Note / Pari Passu ($100MM)
 
142,000,000
 
1.80
 
69.8%
 
8.2%
8
 
JPMCB
 
U-Haul Portfolio
 
Yes
 
CMA
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
8.01
 
JPMCB
 
U-Haul Moving & Storage of Downtown San Francisco
                                       
8.02
 
JPMCB
 
U-Haul Moving & Storage at Big Bend Road
                                       
8.03
 
JPMCB
 
U-Haul Moving & Storage of Providence at I-95
                                       
8.04
 
JPMCB
 
U-Haul Moving & Storage of Brooklyn Park
                                       
8.05
 
JPMCB
 
U-Haul Moving & Storage of Marana
                                       
8.06
 
JPMCB
 
U-Haul Moving & Storage of Pharr
                                       
8.07
 
JPMCB
 
U-Haul Moving & Storage at Rockdale Avenue
                                       
8.08
 
JPMCB
 
U-Haul Moving & Storage at Starkey Road
                                       
8.09
 
JPMCB
 
U-Haul Moving & Storage at Texas 130 & Kelly Lane
                                       
8.10
 
JPMCB
 
U-Haul Storage of Manchester West
                                       
8.11
 
JPMCB
 
U-Haul Moving & Storage of Downtown
                                       
9
 
JPMCB
 
109 Prince Street
 
Yes
 
CMA
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
10
 
JPMCB
 
55 Broadway
 
Yes
 
Hard
 
No
 
Yes
 
70,000,000
 
A-2 Note / Pari Passu ($70MM)
 
105,000,000
 
1.43
 
66.9%
 
7.7%
11
 
JPMCB
 
Westminster Mall
 
Yes
 
CMA
 
No
 
Yes
 
55,000,000
 
A-1 Note / Pari Passu ($55MM)
 
84,792,710
 
1.82
 
49.6%
 
12.1%
12
 
JPMCB
 
3 Forbes Road
 
Yes
 
Springing
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
13
 
RCMC
 
4th & Pike
 
Yes
 
CMA
 
No
 
Yes
 
3,500,000
 
Mezzanine Loan
 
29,500,000
 
1.11
 
84.3%
 
8.0%
14
 
JPMCB
 
Hillsite Office Building
 
Yes
 
Springing
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
15
 
JPMCB
 
University Gate Apartments
 
Yes
 
CMA
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
16
 
JPMCB
 
1560 Trapelo Road
 
Yes
 
Springing
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
17
 
JPMCB
 
One Allen Center
 
Yes
 
Hard
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
18
 
JPMCB
 
Waterford Centre
 
Yes
 
CMA
 
Yes
 
No
 
NAP
 
Permitted Mezzanine
 
NAP
 
NAP
 
NAP
 
NAP
19
 
JPMCB
 
Madison Place
 
Yes
 
Springing
 
Yes
 
No
 
NAP
 
Permitted Unsecured Debt
 
NAP
 
NAP
 
NAP
 
NAP
20
 
RCMC
 
Providence at Zephyr Ridge
 
Yes
 
CMA
 
No
 
Yes
 
2,500,000
 
Mezzanine Loan
 
17,700,000
 
1.04
 
83.9%
 
7.1%
21
 
RCMC
 
The GATE at Aberdeen Proving Ground
 
No
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
22
 
JPMCB
 
Pinnacle at Encino Commons
 
Yes
 
Hard
 
No
 
Yes
 
1,962,500
 
Mezzanine Loan
 
15,425,000
 
1.14
 
87.7%
 
9.0%
23
 
JPMCB
 
Marriott Ann Arbor Ypsilanti
 
Yes
 
CMA
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
24
 
JPMCB
 
The Elysian
 
Yes
 
Soft
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
25
 
RCMC
 
Doubletree Raleigh-Cary
 
Yes
 
Springing
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
26
 
JPMCB
 
French Quarter Guest Houses
 
Yes
 
CMA
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
26.01
 
JPMCB
 
Lamothe House
                                       
26.02
 
JPMCB
 
Inn on St. Peter
                                       
26.03
 
JPMCB
 
Inn on St. Ann
                                       
26.04
 
JPMCB
 
Inn on Ursulines
                                       
27
 
RCMC
 
Crawfordsville Square
 
Yes
 
CMA
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
28
 
JPMCB
 
Southwood Village
 
Yes
 
Springing
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
29
 
RCMC
 
Canal Place Office Park
 
Yes
 
Springing
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
30
 
RCMC
 
Purely Storage
 
Yes
 
CMA
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
30.01
 
RCMC
 
Flying Tiger Storage
                                     
 
30.02
 
RCMC
 
U Lock it Up
                                     
 
30.03
 
RCMC
 
Oasis Mini Storage
                                       
31
 
JPMCB
 
Holiday Inn Express N. Provo/Orem
 
Yes
 
CMA
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
32
 
JPMCB
 
2501 Discovery
 
Yes
 
Springing
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
33
 
JPMCB
 
Fairfield Inn & Suites South Boston
 
Yes
 
CMA
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
34
 
JPMCB
 
Falls Building
 
Yes
 
CMA
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
35
 
JPMCB
 
Paradise Center
 
Yes
 
Springing
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
36
 
RCMC
 
Comfort Inn Escondido
 
Yes
 
Springing
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
37
 
JPMCB
 
The Pinnacle Apartments
 
Yes
 
Springing
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
 
A-1-10

 

ANNEX A-1
                                                                   
                                                                         
           
HOTEL OPERATING STATISTICS
   
                                                                         
           
2011
 
2011
 
2011
 
2012
 
2012
 
2012
 
2013
 
2013
 
2013
 
Most Recent
 
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Loan #
 
Seller(1)
 
Property Name
 
Occupancy %
 
 ADR ($)
 
 RevPAR ($)
 
 Occupancy %
 
 ADR ($)
 
 RevPAR ($)
 
 Occupancy %
 
 ADR ($)
 
 RevPAR ($)
 
 Occupancy %
 
 ADR ($)
 
 RevPAR ($)
 
Occupancy %
 
 ADR ($)
 
 RevPAR ($)
 
Loan #
1
 
JPMCB
 
The Outlets at Orange
                                                             
1
2
 
JPMCB
 
Technology Corners Building Six
                                                             
2
3
 
JPMCB
 
Gumberg Retail Portfolio
                                                             
3
3.01
 
JPMCB
 
Waterworks
                                                             
3.01
3.02
 
JPMCB
 
Northtowne Mall
                                                             
3.02
3.03
 
JPMCB
 
North Huntingdon Square
                                                             
3.03
4
 
JPMCB
 
Lincolnwood Town Center
                                                             
4
5
 
JPMCB
 
160 Water Street
                                                             
5
6
 
JPMCB
 
200 West Monroe
                                                             
6
7
 
JPMCB
 
470 Vanderbilt Avenue
                                                             
7
8
 
JPMCB
 
U-Haul Portfolio
                                                             
8
8.01
 
JPMCB
 
U-Haul Moving & Storage of Downtown San Francisco
                                                             
8.01
8.02
 
JPMCB
 
U-Haul Moving & Storage at Big Bend Road
                                                             
8.02
8.03
 
JPMCB
 
U-Haul Moving & Storage of Providence at I-95
                                                             
8.03
8.04
 
JPMCB
 
U-Haul Moving & Storage of Brooklyn Park
                                                             
8.04
8.05
 
JPMCB
 
U-Haul Moving & Storage of Marana
                                                             
8.05
8.06
 
JPMCB
 
U-Haul Moving & Storage of Pharr
                                                             
8.06
8.07
 
JPMCB
 
U-Haul Moving & Storage at Rockdale Avenue
                                                             
8.07
8.08
 
JPMCB
 
U-Haul Moving & Storage at Starkey Road
                                                             
8.08
8.09
 
JPMCB
 
U-Haul Moving & Storage at Texas 130 & Kelly Lane
                                                             
8.09
8.10
 
JPMCB
 
U-Haul Storage of Manchester West
                                                             
8.10
8.11
 
JPMCB
 
U-Haul Moving & Storage of Downtown
                                                             
8.11
9
 
JPMCB
 
109 Prince Street
                                                             
9
10
 
JPMCB
 
55 Broadway
                                                             
10
11
 
JPMCB
 
Westminster Mall
                                                             
11
12
 
JPMCB
 
3 Forbes Road
                                                             
12
13
 
RCMC
 
4th & Pike
                                                             
13
14
 
JPMCB
 
Hillsite Office Building
                                                             
14
15
 
JPMCB
 
University Gate Apartments
                                                             
15
16
 
JPMCB
 
1560 Trapelo Road
                                                             
16
17
 
JPMCB
 
One Allen Center
                                                             
17
18
 
JPMCB
 
Waterford Centre
                                                             
18
19
 
JPMCB
 
Madison Place
                                                             
19
20
 
RCMC
 
Providence at Zephyr Ridge
                                                             
20
21
 
RCMC
 
The GATE at Aberdeen Proving Ground
                                                             
21
22
 
JPMCB
 
Pinnacle at Encino Commons
                                                             
22
23
 
JPMCB
 
Marriott Ann Arbor Ypsilanti
 
69.2%
 
117.52
 
81.37
 
65.9%
 
122.85
 
80.93
 
63.6%
 
125.42
 
79.81
 
65.3%
 
125.26
 
81.79
 
65.3%
 
125.26
 
81.79
 
23
24
 
JPMCB
 
The Elysian
                                                             
24
25
 
RCMC
 
Doubletree Raleigh-Cary
 
61.4%
 
89.90
 
55.20
 
59.8%
 
98.19
 
58.72
 
69.6%
 
101.08
 
70.35
 
71.3%
 
102.39
 
73.02
 
71.3%
 
102.39
 
73.02
 
25
26
 
JPMCB
 
French Quarter Guest Houses
             
53.0%
 
99.89
 
52.69
 
70.0%
 
130.75
 
92.09
 
70.0%
 
131.46
 
92.25
 
70.0%
 
131.46
 
92.25
 
26
26.01
 
JPMCB
 
Lamothe House
     
 
 
 
 
50.1%
 
106.62
 
53.44
 
70.4%
 
139.71
 
98.31
 
71.6%
 
137.03
 
98.16
 
71.6%
 
137.03
 
98.16
 
26.01
26.02
 
JPMCB
 
Inn on St. Peter
 
52.3%
 
85.78
 
44.85
 
59.0%
 
102.84
 
60.64
 
76.3%
 
129.61
 
98.95
 
77.3%
 
129.71
 
100.30
 
77.3%
 
129.71
 
100.30
 
26.02
26.03
 
JPMCB
 
Inn on St. Ann
 
11.9%
 
37.00
 
4.42
 
49.5%
 
96.14
 
47.58
 
65.6%
 
124.04
 
81.42
 
62.3%
 
126.26
 
78.61
 
62.3%
 
126.26
 
78.61
 
26.03
26.04
 
JPMCB
 
Inn on Ursulines
     
 
 
 
 
52.8%
 
85.48
 
45.11
 
67.6%
 
124.57
 
84.26
 
67.1%
 
131.57
 
88.34
 
67.1%
 
131.57
 
88.34
 
26.04
27
 
RCMC
 
Crawfordsville Square
                                                             
27
28
 
JPMCB
 
Southwood Village
                                                             
28
29
 
RCMC
 
Canal Place Office Park
                                                             
29
30
 
RCMC
 
Purely Storage
                                                             
30
30.01
 
RCMC
 
Flying Tiger Storage
                                                             
30.01
30.02
 
RCMC
 
U Lock it Up
                                                             
30.02
30.03
 
RCMC
 
Oasis Mini Storage
                                                             
30.03
31
 
JPMCB
 
Holiday Inn Express N. Provo/Orem
 
44.4%
 
85.26
 
37.81
 
54.0%
 
90.54
 
48.90
 
62.2%
 
90.85
 
56.51
 
65.8%
 
90.93
 
59.82
 
65.8%
 
90.93
 
59.82
 
31
32
 
JPMCB
 
2501 Discovery
                                                             
32
33
 
JPMCB
 
Fairfield Inn & Suites South Boston
 
55.9%
 
84.55
 
47.30
 
58.1%
 
92.66
 
53.87
 
63.2%
 
98.00
 
61.97
 
65.6%
 
99.00
 
64.97
 
65.6%
 
99.00
 
64.97
 
33
34
 
JPMCB
 
Falls Building
                                                             
34
35
 
JPMCB
 
Paradise Center
                                                             
35
36
 
RCMC
 
Comfort Inn Escondido
 
56.0%
 
79.03
 
44.26
 
54.3%
 
80.41
 
43.62
 
51.0%
 
86.68
 
44.21
 
53.6%
 
86.56
 
46.40
 
53.6%
 
86.56
 
46.40
 
36
37
 
JPMCB
 
The Pinnacle Apartments
                                                             
37
 
 
A-1-11

 
 
Footnotes to Annex A-1
   
  (1)
JPMCB denotes JPMorgan Chase Bank, National Association, as Mortgage Loan Seller; and “RCMC” denotes Redwood Commercial Mortgage Corporation, as Mortgage Loan Seller.
   
  (2)
Certain of the mortgage loans include parcels ground leased to tenants in the calculation of the total square footage and the occupancy of the mortgaged property.
   
 
With respect to Loan No. 3.02, Gumberg Retail Portfolio - Northtowne Mall, the total collateral of 386,032 square feet includes 7,624 square feet that are ground leased to State Bank and Burger King.  Additionally, with respect to Loan No. 3.03, Gumberg Retail Portfolio - North Huntingdon Square, the total collateral of 131,549 square feet includes 13,090 square feet that are ground leased to Eat’n Park, Bob Evans and GetGo.
   
 
With respect to Loan No. 19, Madison Place, the total collateral of 235,502 square feet excludes 62,262 square feet that are ground leased to AMC Theaters.
   
 
With respect to Loan No. 30.01,  Purely Storage - Flying Tiger Storage includes 8,760 square feet of retail space.
   
  (3)
In certain cases, mortgaged properties may have tenants that have executed leases that were included in the underwriting but have not yet commenced paying rent and/or are not in occupancy.
   
 
For example, with respect to Loan No. 2, Technology Corners Building Six, the sole tenant, Google, has executed a lease but has not yet taken occupancy of its leased premises or commenced paying rent.  The tenant’s lease begins in June 2014, and they are expected to begin paying rent in November 2014. Google is expected to take occupancy in the first quarter of 2015.
   
 
With respect to Loan No. 3.02, Gumberg Retail Portfolio – Northtowne Mall, the seventh largest tenant by square footage, Marshalls, and one smaller in-line tenant, Books-A-Million, have executed leases but have not yet taken occupancy of their leased premises or commenced paying rent.  The tenants are expected to take occupancy and commence paying rent in May 2015 and June 2014, respectively.
   
 
With respect to Loan No. 4, Lincolnwood Town Center, Occupancy % includes temporary tenants, which occupy 20,825 square feet at the mortgaged property.
   
 
With respect to Loan No. 7, 470 Vanderbilt Avenue, JPMCB underwrote the November 2015 escalated rent amount of $30.48 per square foot for the largest tenant at the mortgaged property, New York City Human Resources Administration, although the tenant is currently paying below market rent through November 2015 of $21.48 per square foot.  At origination of the loan, JPMCB reserved the difference using proceeds from the annual payments in lieu of rent being made by a former anchor tenant at the mortgaged property.  See “Description of the Mortgage Pool - Net Cash Flow and Certain Underwriting Considerations” in this free writing prospectus.
   
 
With respect to Loan No. 8, U-Haul Portfolio, UW NOI ($) and UW NCF ($) include revenues attributable to storage container services and truck rental commissions.  Approximately 7.1% of the trailing 12-month income was attributable to such services and commissions.
   
 
With respect to Loan No. 11, Westminster Mall, Occupancy % includes temporary tenants, which occupy 66,803 square feet at the mortgaged property.
   
 
With respect to Loan No. 18, One Allen Center, the sixth largest tenant by square footage, Happy State Bank, has executed a lease but has not yet taken occupancy of its leased premises or commenced paying rent.  The tenant is expected to take occupancy and commence paying rent in August 2014.
   
 
With respect to Loan No. 34, Falls Building, the third largest tenant by square footage, Memphis Area Legal Services, has executed a lease but has not yet taken occupancy of its leased premises or commenced paying rent.  The tenant is expected to take occupancy and commence paying rent in July 2014.
   
 
With respect to Loan No. 37, The Pinnacle Apartments, as of April 3, 2014, 41 of the 118 tenants at the mortgaged property received a rental subsidy from the Veterans Affairs Supportive Housing program.
 
 
A-1-12

 
 
   
  (4)
With respect to all mortgage loans, with the exceptions of the mortgage loans listed below,  the Current LTV % and the Maturity LTV % are based on the “as-is” Appraisal Value ($) even though, for certain mortgage loans, the appraiser provided “as-stabilized” values based on certain criteria being met.
   
 
For example, with respect to Loan No. 2, Technology Corners Building Six, the appraiser’s hypothetical “Market Value Upon Stabilization” for the mortgaged property, effective October 1, 2014, was used, which assumes that the outstanding tenant improvements related to the sole tenant’s lease have been completed and that the tenant has commenced paying rent. At origination of the loan, JPMCB reserved $10,921,057 for the outstanding tenant improvements and $4,064,340 for the free rent required under the lease. The appraiser’s “As-Is” value for the mortgaged property is $155,000,000.
   
 
With respect to Loan No. 3.02, Gumberg Retail Portfolio - Northtowne Mall, the appraiser’s hypothetical “As-Is” value for the mortgaged property, effective February 4, 2014, was used, which assumes that outstanding tenant improvements and leasing commissions have been escrowed. At origination of the loan, JPMCB reserved all outstanding tenant improvements and leasing commissions. The appraiser’s “As-Is” value for the mortgaged property is $17,000,000.
   
 
With respect to Loan No. 17, One Allen Center, the appraiser’s hypothetical “Value With No Outstanding Lease Concessions” for the mortgaged property, effective March 14, 2014, was used, which assumes that all outstanding leasing commissions have been paid. At origination of the loan, JPMCB reserved all outstanding tenant improvements and leasing commissions. The appraiser’s “As-Is” value for the mortgaged property is $25,900,000.
   
 
With respect to Loan No. 37, The Pinnacle Apartments, the appraiser’s hypothetical “As-Renovated” value for the mortgaged property, effective March 24, 2014, was used, which assumes that the capital improvements contemplated by the borrower are completed.  At origination of the loan, JPMCB reserved $459,000, which is the full estimated cost of the improvements, into the replacement reserve and the loan documents require that the funds be used solely for completing the capital improvements. The appraiser’s “As-Is” appraised value for the mortgaged property is $3,800,000.
   
  (5)
For mortgage loans secured by multiple mortgaged properties, each mortgage loan’s Original Balance ($), Current Balance ($), and Maturity/ARD Balance ($) are allocated to the respective mortgaged property based on the mortgage loan’s documentation, or if no such allocation is provided in the mortgage loan documentation, the mortgage loan seller’s determination of the appropriate allocation.
   
  (6)
With respect to Loan No. 1, The Outlets at Orange, the loan is part of a $215,000,000 Whole Loan which is comprised of two pari passu components (Note A-1 and Note A-2).  Note A-1 (“The Outlets at Orange Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $125,000,000 and was contributed to the JPMBB 2014-C19 Trust. Note A-2 ( “The Outlets at Orange Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $90,000,000 and is being contributed to the JPMCC 2014-C20 Trust.  All loan level metrics are based on the Whole Loan balance.
   
 
With respect to Loan No. 2, Technology Corners Building Six, the loan is part of a $120,000,000 Whole Loan which is comprised of two pari passu components (Note A-1 and Note A-2).  Note A-1 (the “Technology Corners Building Six Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $60,000,000 and is being contributed to the JPMCC 2014-C20 Trust. Note A-2 (the “Technology Corners Building Six Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $60,000,000 and is expected to be contributed to a future securitized trust.  All loan level metrics are based on the Whole Loan balance.
   
 
With respect to Loan No. 3, Gumberg Retail Portfolio, the loan is part of a $138,500,000 Whole Loan which is comprised of two senior pari passu components (Note A-1 and Note A-2) and a subordinate component (Note B). Note A-1 (the “Gumberg Retail Portfolio Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $64,849,042 and was contributed to the JPMBB 2014-C19 Trust. Note A-2 (the “Gumberg Retail Portfolio Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $56,867,621 and is being contributed to the JPMCC 2014-C20 Trust. Note B (the “Gumberg Retail Portfolio Subordinate Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $16,491,639 and is currently held by a third party investor. All loan level metrics are based on the Gumberg Retail Portfolio Mortgage Loan and the Gumberg Retail Portfolio Pari Passu Companion Loan only and exclude the Gumberg Retail Portfolio Subordinate Companion Loan.
 
 
A-1-13

 
 
   
 
With respect to Loan No. 5, 160 Water Street, the loan is part of a $99,600,000 Whole Loan which is comprised of two pari passu components (Note A-1 and Note A-2).  Note A-1 (the “160 Water Street Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $50,600,000 and is being contributed to the JPMCC 2014-C20 Trust. Note A-2 (the “160 Water Street Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $49,000,000 and is expected to be contributed to a future securitized trust.  All loan level metrics are based on the Whole Loan balance.
   
 
With respect to Loan No. 6, 200 West Monroe, the loan is part of a $75,000,000 Whole Loan which is comprised of two pari passu components (Note A-1 and Note A-2).  Note A-1 (the “200 West Monroe Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $50,000,000 and is being contributed to the JPMCC 2014-C20 Trust. Note A-2 (the “200 West Monroe Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $25,000,000 and is expected to be contributed to a future securitized trust.  All loan level metrics are based on the Whole Loan balance.
   
 
With respect to Loan No. 7, 470 Vanderbilt Avenue, the loan is part of a $142,000,000 Whole Loan which is comprised of two pari passu components (Note A-1 and Note A-2).  Note A-1 (the “470 Vanderbilt Avenue Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $100,000,000 and was contributed to the JPMBB 2014-C19 Trust. Note A-2 (the “470 Vanderbilt Avenue Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $42,000,000 and is being contributed to the JPMCC 2014-C20 Trust.  All loan level metrics are based on the Whole Loan balance.
   
 
With respect to Loan No. 10, 55 Broadway, the loan is part of a $105,000,000 Whole Loan which is comprised of two pari passu components (Note A-1 and Note A-2).  Note A-2 (the “55 Broadway Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $70,000,000 and was contributed to the JPMBB 2014-C19 Trust. Note A-1 (the “55 Broadway Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $35,000,000 and is being contributed to the JPMCC 2014-C20 Trust.  All loan level metrics are based on the Whole Loan balance.
   
 
With respect to Loan No. 11, Westminster Mall, the loan is part of a $85,000,000 Whole Loan which is comprised of two pari passu components (Note A-1 and Note A-2).  Note A-1 (the “Westminster Mall Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $54,865,871 and is expected to be contributed to a future securitized trust. Note A-2  (the “Westminster Mall Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $29,926,839 and is being contributed to the JPMCC 2014-C20 Trust.  All loan level metrics are based on the Whole Loan balance.
   
  (7)
Each number identifies a group of related borrowers.
   
  (8)
For each mortgage loan, the excess of the related Interest Rate % over the related Servicing Fee Rate, the Certificate Administrator Fee Rate (including the Trustee fee rate), the Senior Trust Advisor Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate (collectively, the “Admin Fee %”).
   
  (9)
For the mortgage loans that are interest-only for the entire term and accrue interest on an Actual/360 basis, the Monthly Debt Service ($) was calculated as 1/12th of the product of (i) the Original Balance ($), (ii) the Interest Rate % and (iii) 365/360.
   
(10)
With respect to all mortgage loans, except for the mortgage loan(s) listed below, Annual Debt Service ($) is calculated by multiplying the Monthly Debt Service ($) by 12.
   
(11)
With respect to Loan No. 8, U-Haul Portfolio, the mortgage loan has an ARD feature with an anticipated repayment date of May 1, 2024, with an increase in the interest rate equal to 3.00000% per annum plus the greater of (i) 4.79350% per annum, or (ii) the 10-year swap yield as determined on the ARD plus 1.95000%, until the Final Maturity Date of May 1, 2034.  In no case may the interest rate exceed 9.79350%.
   
 
With respect to Loan No. 9, 109 Prince Street, the mortgage loan has an ARD feature with an anticipated repayment date of June 1, 2024, with an increase in the interest rate equal to 3.00000% per annum plus the greater of (i) 4.65000% per annum, or (ii) the 10-year swap yield as determined on the ARD, until the Final Maturity Date of January 1, 2026.  In no case may the interest rate exceed 9.65000%.
 
 
A-1-14

 
 
   
 
With respect to Loan No. 35, Paradise Center, the mortgage loan has an ARD feature with an anticipated repayment date of May 1, 2024, with an increase in the interest rate equal to 3.00000% per annum plus the greater of (i) 4.89700% per annum, or (ii) the 10-year swap yield as determined on the ARD, until the Final Maturity Date of April 1, 2032.  In no case may the interest rate exceed 9.89700%.
   
(12)
The “L” component of the prepayment provision represents lockout payments.
The “Def” component of the prepayment provision represents defeasance payments.
The “YM” component of the prepayment provision represents yield maintenance payments.
The “O” component of the prepayment provision represents the free payments including the Maturity Date.
   
 
With respect to Loan No. 2, Technology Corners Building Six, the lockout period is two years after the securitization of the Technology Corners Building Six Pari Passu Companion Loan.  The prepayment string reflects a lockout period ending two years after the anticipated Closing Date.
   
 
With respect to Loan No. 5, 160 Water Street, the lockout period is two years after the securitization of the 160 Water Street Pari Passu Companion Loan. The prepayment string reflects a lockout period ending two years after the anticipated Closing Date.
   
 
With respect to Loan No. 11, Westminster Mall, the lockout period is the earlier of May 1, 2018 or two years after the securitization of the Westminster Mall Pari Passu Companion Loan. The prepayment string reflects a lockout period ending two years after the anticipated Closing Date.
   
 
With respect to Loan Nos. 12, 14 and 16, 3 Forbes Road, Hillsite Office Building and 1560 Trapelo Road, respectively, the lockout period is at least 13 payment dates from and including the first payment date.
   
 
With respect to Loan No. 22, Pinnacle at Encino Commons, the related borrower may prepay a portion of the loan up to $1,150,000 any time during the term of the loan (including the lockout period), in connection with the partial release of one vacant outparcel at the mortgaged property.  The yield maintenance premium set forth in the related loan documents will not apply for this partial prepayment.
   
(13)
With respect to some mortgage loans, historical financial information may not be available due to when the mortgaged properties were constructed and/or acquired.
   
 
With respect to Loan Nos. 2, 8, 24 and 36, Technology Corners Building Six, U-Haul Portfolio, The Elysian and Paradise Center, respectively, the related mortgaged properties are newly acquired and/or newly constructed and some historical financials may not be available.
   
(14)
With respect to all hotel properties, the UW NOI ($) is shown after taking a deduction for an FF&E reserve, and as such, the UW NOI ($) and UW NCF ($) for these mortgaged properties are the same.
   
 
With respect to Loan No. 2, Technology Corners Building Six, UW NOI ($) and UW NCF ($) are based on the straight-line average contractual rent of the sole tenant, Google.
   
 
With respect to Loan No. 3.02, Gumberg Retail Portfolio - Northtowne Mall, there is a tax abatement in effect for one of the parcels in the mortgaged property.  The improvements were constructed on the parcel in 1999 and the parcel has a 15-year tax abatement ending in 2014.  Real estate taxes were underwritten based on the full amount of real estate taxes without regard to the tax abatement.
   
 
With respect to Loan No. 5, 160 Water Street, UW NOI ($) and UW NCF ($) are calculated in part based on escalated rent amount for the second largest tenant, Beth Israel Medical Center.  The tenant’s rent increases from $27.00 per square foot to $31.00 per square foot in November 2015, and JPMCB underwrote the escalated rent amount.  At origination of the mortgage loan, the borrower escrowed funds in the amount of the difference between the current and escalated rent amounts.
 
 
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With respect to Loan No. 7, 470 Vanderbilt Avenue, the mortgaged property benefits from two separate New York City Industrial and Commercial Incentive Plans.  Under the programs, increases in the assessed value of the mortgaged property resulting from renovations are phased in over a period of 25 years. For the first 16 years of each abatement program, 100% of the projected assessed value less the assessed value prior to construction/renovation is exempt and each exemption declines 10% annually after that year.  The first exemption commenced on July 1, 2001 and is set to expire on June 30, 2026, and the second exemption commenced on July 1, 2010 and is set to expire on June 30, 2035.  Taxes for the 2014/2015 year are estimated to be $1,423,769 and are expected to rise to $4,792,198 by the 2018/2019 tax year with the phasing out of one exemption.  Real estate taxes were underwritten based on the average real estate tax expense as reduced by the abatements.
   
 
With respect to Loan No. 9, 109 Prince Street, UW NOI ($) and UW NCF ($) include the present value of the future rent steps of the largest tenant, Polo New York, LLC, through the mortgage loan term, discounted by the related appraiser’s discount rate of 6.0% plus 50 basis points.
   
(15)
The UW NOI DSCR and UW NCF DSCR for all partial interest-only mortgage loans were calculated based on the first principal and interest payment after the Note Date during the term of the mortgage loan.
   
(16)
Represents the amount deposited by the borrower(s) at origination. All or a portion of this amount may have been released pursuant to the terms of the related loan documents.
   
 
With respect to Loan No. 4, Lincolnwood Town Center, $1,312,500 was deposited by the borrower into an upfront environmental reserve.  After receipt of a Phase II environmental assessment which recommended no further actions, the funds in this reserve were released to the borrower.
   
(17)
Represents the monthly amounts required to be deposited by the borrower(s). The monthly collected amounts may be increased or decreased pursuant to the terms of the related loan documents. In certain cases, reserves with $0 balances are springing and are collected in the event of certain conditions being triggered in the respective mortgage loan documents. In certain other cases, all excess cash flow will be swept into reserve accounts in the event of certain conditions being trigger in the respective mortgage loan documents.
   
 
With respect to Loan No. 6, 200 West Monroe, the monthly deposit for tenant improvements and leasing commissions is subject to increases in the event that Select Hotels Group files for bankruptcy or goes dark, vacates or terminates its lease with respect to any portion of its space.  The amount of the monthly deposit will increase to one-twelfth of the sum of (i) $850,000 plus (ii) the product of (a) the square footage of the Select Hotels Group space that is being vacated or terminated (or, if Select Hotels Group files bankruptcy, all of the square footage leased by the tenant), multiplied by (b) $6.10 per square foot.  The cap on the tenant improvements and leasing commissions reserve will be four times the annual deposits required to be deposited into the reserve.
   
 
With respect to Loan No. 7, 470 Vanderbilt Avenue, the monthly deposit for ground lease rent is $263,672 through November 1, 2014. Commencing on the payment date after such period, the monthly deposit for ground lease rent is $292,120.
   
(18)
With respect to Loan No. 7, 470 Vanderbilt Avenue, the borrower is required to deposit $5,406,129 on January 1, 2015 and $1,379,641 on January 1, 2016, into the Level 3 Reserve; provided, however, that the borrower is only required to make deposits to the extent actually received pursuant to the Level 3 lease, the payment in lieu of rent settlement agreement with Level 3 or the letter of credit for such amounts deposited with the title insurance company at origination of the mortgage loan.
   
(19)
Represents a cap on the amount required to be deposited by the borrower(s) pursuant to the related mortgage loan documents. In certain cases, during the term of the mortgage loan, the caps may be altered or terminated subject to conditions of the respective mortgage loan documents.
   
 
With respect to Loan No. 21, The GATE at Aberdeen Proving Ground, monthly deposits into the rollover reserve of $13,155 are capped at $325,000; however, such cap will increase to $400,000 in the event D&S Consultants, Inc. does not satisfactorily renew its lease on or before November 30, 2018.
   
(20)
With respect to the footnotes hereto, no footnotes have been provided with respect to tenants that are not among the five largest tenants by square footage for any mortgaged property.
 
 
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(21)
In certain cases, the data for tenants occupying multiple spaces includes square footage only from the primary spaces sharing the same expiration date, and may not include smaller spaces with different expiration dates.
   
(22)
The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease with respect to all or a portion of its leased space prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the subject lease.
   
 
For example, with respect to Loan No. 5, 160 Water Street, the largest tenant by square footage, New York City Health and Hospital Corporation, has the right to terminate its lease in July 2019 with 18 months’ notice and payment of a termination fee.  In addition, the third largest tenant by square footage, Seneca Insurance Company, has the right to contract its space by one floor (21,500 square feet) in September 2015 with nine months’ notice and payment of a termination fee. In addition, the fifth largest tenant by square footage, Oestreicher Construction Corp, has the right to terminate its lease at any time with 180 days’ notice.
   
 
With respect to Loan No. 7, 470 Vanderbilt Avenue, the largest tenant by square footage, New York City Human Resources Administration, has the right to terminate its lease in January 2028 with 18 months’ notice and payment of a termination fee.  The tenant also has the right to contract its space in January 2023 for the third and fourth floors and a portion of the lobby with nine months’ notice and payment of a contraction fee.
   
 
With respect to Loan No. 10, 55 Broadway, the second largest tenant by square footage, Knight Capital Group, subleases 5,352 square feet of its 20,964 square feet of leased space to two tenants. The remaining square footage leased by Knight Capital Group is currently dark. Knight Capital Group continues to remain in compliance with its obligations under the lease. In addition, the fifth largest tenant by square footage, the City of NY DCAS, has the right to terminate its lease on November 10, 2018 with 90 days’ notice and payment of a termination fee.
   
 
With respect to Loan No. 12, 3 Forbes Road, the second largest tenant by square footage, Massachusetts Institute of Technology, has the right to terminate its lease in the event its contract with the Department of Defense is not renewed in the years 2015 and 2020, in each case, with 12 months’ notice and payment of a termination fee.
   
 
With respect to Loan No. 16, 1560 Trapelo Road, the sole tenant at the mortgaged property, AutoDesk, has the right to terminate its lease on July 31, 2018, with 12 months’ notice and payment of a termination fee.
   
 
With respect to Loan No. 17, One Allen Center, the second largest tenant by square footage, GDSX, Ltd, has the right to terminate its lease in August 2019 with 12 months’ notice and payment of a termination fee.
   
 
With respect to Loan No. 12, 3 Forbes Road, ImmunoXcite subleases approximately 7,093 square feet from the largest tenant, Agenus Inc.
   
 
With respect to Loan No. 21, The GATE at Aberdeen Proving Ground, the second largest tenant by square footage, USA - Defense Acquisition University, has the right to terminate its lease on April 30, 2016 with 120 days’ notice.
   
 
With respect to Loan No. 32, 2501 Discovery, the largest tenant by square footage, Sonofi Pasteur Vax Design, has the right to terminate its lease in January 2017 and January 2019, in each case with nine months’ notice and payment of a termination fee.  In addition, the third largest tenant by square footage, Avnet, Inc., has the right to terminate its lease in November 2019 with 12 months’ notice and payment of a termination fee.
   
 
With respect to Loan No. 34, Falls Building, the third largest tenant by square footage, Memphis Area Legal Services, has the right to terminate its lease at any time after July 1, 2014 with 120 days’ notice if its grant from the Legal Services Corporation is terminated or adjusted such that its overall funding is reduced by 50% or more of the prior year’s funding.
   
(23)
In certain cases, the Principal / Carveout Guarantor name was shortened for spacing purposes.
   
 
With respect to Loan No. 1, The Outlets at Orange, the Carveout Guarantor’s liability shall not exceed $43,000,000.
 
 
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With respect to Loan No. 3, Gumberg Retail Portfolio, the Carveout Guarantor’s liability under the non-recourse carveout guaranty is limited to bankruptcy or insolvency actions or breaches related to the ground lease.
   
 
With respect to Loan No. 5, 160 Water Street, there is no separate Carveout Guarantor.
   
 
With respect to Loan No. 19, Madison Place, there is no separate Carveout Guarantor and the mortgage loan documents do not contain the standard non-recourse carveout provisions.
   
(24)
The classification of the lockbox types is described in this free writing prospectus. See “Description of the Mortgage Pool - Lockbox Accounts” for further details.
   
(25)
Refers to (a) debt secured by the mortgaged property, (b) mezzanine debt and (c) preferred equity. See “Description of the Mortgage Pool-Additional Debt--Existing Mezzanine Debt,” “--Future Mezzanine Debt” and “--Preferred Equity” and “Certain Legal Aspects of the Mortgage Loans” in this free writing prospectus for information related to mortgage loans with subordinate, mezzanine or other additional debt or preferred equity that permit subordinate, mezzanine or other additional debt in the future.
   
 
With respect to Loan No. 7, 470 Vanderbilt Avenue, a preferred equity investment in a joint venture that owns and controls the related borrower in the original amount of $33.8 million is held by a third party investor.  Additionally, an affiliated entity of the borrower has incurred a secured loan in the original principal amount of approximately $47.3 million made by Manufacturers and Traders Trust Company, as trustee for the registered certificate holders of the CGA Credit Lease-Backed Pass Through Trust Certificates, Series 2011-CTL-1.  Such loan was made to finance certain tenant improvements for the largest tenant at the mortgaged property.  See “Description of the Mortgage Pool -- Additional Debt” in this free writing prospectus.
   
 
With respect to Loan No. 15, University Gate Apartments, certain affiliates of the directing certificateholder and the special servicer currently hold preferred equity investments in the aggregate original amount of $6,650,000 in the related borrower.  See “Risk Factors -- Potential Conflicts of Interest,” “Description of the Mortgage Pool -- Additional Debt” and “Certain Affiliations, Relationships and Related Transactions Involving Transaction Parties” in this free writing prospectus.
   
 
With respect to Loan No. 19, Madison Place, the related borrower is permitted under the related loan documents to incur unsecured loans up to the aggregate amount of $1,600,000. See “Description of the Mortgage Pool--Additional Debt” in this free writing prospectus.
 
 
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