FWP 1 n379_fwpx3.htm FREE WRITING PROSPECTUS Unassociated Document
 
   
FREE WRITING PROSPECTUS
   
FILED PURSUANT TO RULE 433
   
REGISTRATION FILE NO.: 333-190246-09
     
 
     
 
 
Free Writing Prospectus dated October 1, 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File supersedes any contrary information contained in any prior File relating to the subject securities and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.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
Loan #
 
Seller(1)
 
Property Name
 
Street Address
 
City
 
State
 
Zip Code
 
County
 
Properties
 
Type
 
Subtype
 
Year Built
 
Renovated
1
 
JPMCB / Column
 
Grapevine Mills
 
3000 Grapevine Mills Parkway
 
Grapevine
 
TX
 
76051
 
Tarrant
 
1
 
Retail
 
Regional Mall
 
1997
   
2
 
JPMCB
 
The Mall of Victor Valley
 
14400 Bear Valley Road
 
Victorville
 
CA
 
92392
 
San Bernardino
 
1
 
Retail
 
Regional Mall
 
1986
 
2007, 2012-2013
3
 
Barclays
 
Columbus Square Portfolio
 
775, 795, 805, 808 Columbus Avenue and 801 Amsterdam Avenue
 
New York
 
NY
 
10025
 
New York
 
1
 
Mixed Use
 
Retail/Office/Parking
 
2007, 2008
   
4
 
JPMCB
 
635 Madison Avenue
 
635 Madison Avenue
 
New York
 
NY
 
10022
 
New York
 
1
 
Mixed Use
 
Office/Retail
 
1957
 
2005
5
 
KeyBank
 
Hutch Tower Two
 
1250 Waters Place, Unit II
 
Bronx
 
NY
 
10461
 
Bronx
 
1
 
Office
 
Medical
 
2014
   
6
 
JPMCB
 
17 State Street
 
17 State Street
 
New York
 
NY
 
10004
 
New York
 
1
 
Office
 
CBD
 
1988
   
7
 
Barclays
 
North Riverside Park Mall
 
7501 West Cermak Road
 
North Riverside
 
IL
 
60546
 
Cook
 
1
 
Retail
 
Regional Mall
 
1974
 
2010
8
 
JPMCB
 
NoBu Station
 
18211 Bulverde Road
 
San Antonio
 
TX
 
78259
 
Bexar
 
1
 
Multifamily
 
Garden
 
2013
   
9
 
Barclays
 
Meridian Corporate Center I
 
2505-2525 Meridian Parkway
 
Durham
 
NC
 
27713
 
Durham
 
1
 
Office
 
Suburban
 
1989-1997
 
2009-2013
10
 
JPMCB
 
Hilton Houston Post Oak
 
2001 Post Oak Boulevard
 
Houston
 
TX
 
77056
 
Harris
 
1
 
Hotel
 
Full Service
 
1982
 
2014
11
 
Barclays / RAIT
 
Oakland Square and Oakland Plaza
 
Various
 
Troy
 
MI
 
48083
 
Oakland
 
2
 
Retail
 
Anchored
 
Various
 
Various
11.01
 
Barclays / RAIT
 
Oakland Plaza
 
260-396 John R Road
 
Troy
 
MI
 
48083
 
Oakland
 
1
 
Retail
 
Anchored
 
1979
   
11.02
 
Barclays / RAIT
 
Oakland Square
 
500 John R Road
 
Troy
 
MI
 
48083
 
Oakland
 
1
 
Retail
 
Anchored
 
1986
 
1997
12
 
JPMCB
 
Arden Park
 
8638 Huebner Road
 
San Antonio
 
TX
 
78240
 
Bexar
 
1
 
Multifamily
 
Garden
 
2013
   
13
 
GECC
 
Canyon Ranch Portfolio
 
Various
 
Various
 
Various
 
Various
 
Various
 
2
 
Hotel
 
Full Service
 
Various
 
2007
13.01
 
GECC
 
Canyon Ranch - Tucson
 
8600 East Rockcliff Road
 
Tucson
 
AZ
 
85750
 
Pima
 
1
 
Hotel
 
Full Service
 
1979
 
2007
13.02
 
GECC
 
Canyon Ranch - Lenox
 
165 Kemble Street
 
Lenox
 
MA
 
01240
 
Berkshire
 
1
 
Hotel
 
Full Service
 
1897
 
2007
14
 
JPMCB
 
Embassy Suites Kennesaw
 
620 Chastain Road NW
 
Kennesaw
 
GA
 
30144
 
Cobb
 
1
 
Hotel
 
Full Service
 
2009
   
15
 
KeyBank
 
Motorola Solutions - Building I & III
 
8000 West Sunrise Boulevard
 
Plantation
 
FL
 
33322
 
Broward
 
1
 
Office
 
Suburban
 
1982
 
2014
16
 
Barclays
 
Kenwood City Retail
 
Various
 
Cincinnati
 
OH
 
45236
 
Hamilton
 
2
 
Retail
 
Various
 
Various
   
16.01
 
Barclays
 
Kenwood City Pavilion
 
8103 Montgomery Road
 
Cincinnati
 
OH
 
45236
 
Hamilton
 
1
 
Retail
 
Anchored
 
1998
   
16.02
 
Barclays
 
Kenwood City Place
 
8080 Montgomery Road
 
Cincinnati
 
OH
 
45236
 
Hamilton
 
1
 
Retail
 
Shadow Anchored
 
2013-2014
   
17
 
JPMCB
 
Holiday Inn French Quarter-Chateau Lemoyne
 
301 Dauphine Street
 
New Orleans
 
LA
 
70112
 
Orleans
 
1
 
Hotel
 
Full Service
 
1971
   
18
 
Barclays
 
Watermark Hurstbourne Apartments
 
10405 Watermark Place
 
Louisville
 
KY
 
40223
 
Jefferson
 
1
 
Multifamily
 
Garden
 
2013
   
19
 
Barclays
 
Meridian Corporate Center II
 
2500-2810 Meridian Parkway
 
Durham
 
NC
 
27713
 
Durham
 
1
 
Office
 
Suburban
 
1987
   
20
 
RAIT
 
2100 Wharton Street
 
2100 Wharton Street
 
Pittsburgh
 
PA
 
15203
 
Allegheny
 
1
 
Office
 
CBD
 
1900
 
2013-2014
21
 
RAIT
 
Peerless Lofts
 
150 Union Street
 
Providence
 
RI
 
02903
 
Providence
 
1
 
Multifamily
 
Garden
 
1866
 
2005
22
 
Barclays
 
Glenbrook Commons
 
4122 Lima Road
 
Fort Wayne
 
IN
 
46805
 
Allen
 
1
 
Retail
 
Anchored
 
1987
 
2006
23
 
Barclays
 
1690 New Britain Avenue
 
1690 New Britain Avenue
 
Farmington
 
CT
 
06032
 
Hartford
 
1
 
Office
 
Suburban
 
1961
 
2011
24
 
KeyBank
 
Water’s Edge
 
2220 Gloria Circle
 
Pensacola
 
FL
 
32514
 
Escambia
 
1
 
Multifamily
 
Garden
 
2004
   
25
 
JPMCB
 
Westin Columbus
 
310 South High Street
 
Columbus
 
OH
 
43215
 
Franklin
 
1
 
Hotel
 
Full Service
 
1987
 
2007
26
 
Barclays
 
Meriden Executive Park
 
530 & 538 Preston Avenue
 
Meriden
 
CT
 
06450
 
New Haven
 
1
 
Office
 
Suburban
 
1986, 1989
 
2008-2009
27
 
Barclays
 
East Roosevelt Boulevard Office Portfolio
 
2607 Rhawn Street & 8040 East Roosevelt Boulevard
 
Philadelphia
 
PA
 
19152
 
Philadelphia
 
1
 
Office
 
CBD
 
1963, 1974
 
2014
28
 
Barclays
 
Churchill Square Shopping Center
 
303 Southeast 17th Street
 
Ocala
 
FL
 
34471
 
Marion
 
1
 
Retail
 
Anchored
 
1992
   
29
 
KeyBank
 
Skyview Plaza Shopping Center
 
15891-15937 State Road 170
 
East Liverpool
 
OH
 
43920
 
Columbiana
 
1
 
Retail
 
Anchored
 
1979, 2008
 
2014
30
 
KeyBank
 
MHPI Indiana Portfolio
 
Various
 
Various
 
IN
 
Various
 
Various
 
3
 
Manufactured Housing
 
Manufactured Housing
 
Various
   
30.01
 
KeyBank
 
Apple Valley Estates
 
1850 East 181st Avenue
 
Hebron
 
IN
 
46341
 
Porter
 
1
 
Manufactured Housing
 
Manufactured Housing
 
1979
   
30.02
 
KeyBank
 
Regency Pointe Estates Community
 
8280 US-30 East
 
Pierceton
 
IN
 
46562
 
Noble
 
1
 
Manufactured Housing
 
Manufactured Housing
 
1970
   
30.03
 
KeyBank
 
Merrywood
 
3104 East Wooster Road
 
Pierceton
 
IN
 
46562
 
Kosciusko
 
1
 
Manufactured Housing
 
Manufactured Housing
 
1960
   
31
 
KeyBank
 
Wauwatosa Industrial
 
4420 North Harley Davidson Avenue
 
Wauwatosa
 
WI
 
53225
 
Milwaukee
 
1
 
Industrial
 
Warehouse
 
2001
   
32
 
RAIT
 
Tractor Supply/Fresenius Medical
 
Various
 
Various
 
Various
 
Various
 
Various
 
3
 
Various
 
Various
 
Various
   
32.01
 
RAIT
 
Fresenius Medical Care
 
630 Deckbar Avenue
 
Jefferson
 
LA
 
70121
 
Jefferson
 
1
 
Office
 
Medical
 
2014
   
32.02
 
RAIT
 
Tractor Supply- Buckeye
 
2555 South Miller Road
 
Buckeye
 
AZ
 
85326
 
Maricopa
 
1
 
Retail
 
Single Tenant
 
2014
   
32.03
 
RAIT
 
Tractor Supply- Laurel
 
1501 Northwest Drive
 
Laurel
 
MS
 
39440
 
Jones
 
1
 
Retail
 
Single Tenant
 
2012
   
33
 
RAIT
 
Bennington Square Apartments
 
6300 West Bellfort Street
 
Houston
 
TX
 
77035
 
Harris
 
1
 
Multifamily
 
Garden
 
1975
 
2014
34
 
RAIT
 
Racine Center
 
5201-5409 Washington Avenue
 
Mount Pleasant
 
WI
 
53406
 
Racine
 
1
 
Retail
 
Anchored
 
1988
   
35
 
RAIT
 
Northridge Business Center
 
5005, 5019-5025 & 5035 West W.T. Harris Boulevard
 
Charlotte
 
NC
 
28269
 
Mecklenburg
 
1
 
Industrial
 
Flex
 
1990
 
1994
36
 
KeyBank
 
Hyatt Place - Nashville
 
721 Royal Parkway
 
Nashville
 
TN
 
37214
 
Davidson
 
1
 
Hotel
 
Limited Service
 
2000
 
2014
37
 
KeyBank
 
The Carrier Building
 
1711 Corporation Parkway
 
Raleigh
 
NC
 
27604
 
Wake
 
1
 
Industrial
 
Warehouse
 
1989
 
2005
38
 
KeyBank
 
Wichita Square
 
3610-3620 & 3704 Call Field Road
 
Wichita Falls
 
TX
 
76308
 
Wichita
 
1
 
Retail
 
Anchored
 
1984
 
2010
39
 
JPMCB
 
Academy Sports - Garland, TX
 
4920 North Garland Avenue
 
Garland
 
TX
 
75040
 
Dallas
 
1
 
Retail
 
Single Tenant
 
2013
   
40
 
Barclays
 
Storage Max Self Storage
 
3304 Browns Mill Road
 
Johnson City
 
TN
 
37604
 
Washington
 
1
 
Self Storage
 
Self Storage
 
1996, 1999, 2004
   
41
 
KeyBank
 
Westwood Square
 
2410-2468 West State Street
 
Alliance
 
OH
 
44601
 
Stark
 
1
 
Retail
 
Anchored
 
1993
   
42
 
RAIT
 
Dollar General Portfolio
 
Various
 
Various
 
Various
 
Various
 
Various
 
4
 
Retail
 
Freestanding
 
Various
   
42.01
 
RAIT
 
Dollar General - Chillicothe
 
1050 East Main Street
 
Chillicothe
 
OH
 
45601
 
Ross
 
1
 
Retail
 
Freestanding
 
2013
   
42.02
 
RAIT
 
Dollar General - Columbus 2
 
3349 Refugee Road
 
Columbus
 
OH
 
43232
 
Franklin
 
1
 
Retail
 
Freestanding
 
2014
   
42.03
 
RAIT
 
Dollar General - Columbus 1
 
2100 Sullivant Avenue
 
Columbus
 
OH
 
43223
 
Franklin
 
1
 
Retail
 
Freestanding
 
2014
   
42.04
 
RAIT
 
Dollar General - Kansas City
 
8411 Holmes Road
 
Kansas City
 
MO
 
64131
 
Jackson
 
1
 
Retail
 
Freestanding
 
2013
   
43
 
KeyBank
 
Marysville Farms
 
1150 Minnesota Road
 
Port Huron
 
MI
 
48060
 
Saint Clair
 
1
 
Manufactured Housing
 
Manufactured Housing
 
1999
 
2012
44
 
KeyBank
 
StaxUp Self Storage
 
27400 McCall Boulevard
 
Sun City
 
CA
 
92585
 
Riverside
 
1
 
Self Storage
 
Self Storage
 
1979
 
2000
45
 
RAIT
 
740 Kifer Road
 
740 Kifer Road
 
Sunnyvale
 
CA
 
94086
 
Santa Clara
 
1
 
Industrial
 
Warehouse
 
1970
 
2013
46
 
KeyBank
 
Harrodsburg Marketplace
 
844 South College Street
 
Harrodsburg
 
KY
 
40330
 
Mercer
 
1
 
Retail
 
Anchored
 
1986
 
2013
47
 
KeyBank
 
Village Park Apartments
 
110 Village Park Drive
 
Simpsonville
 
SC
 
29681
 
Greenville
 
1
 
Multifamily
 
Garden
 
1977-1980
   
48
 
KeyBank
 
Anchor Industrial Park
 
100 Stradtman Street
 
Cheektowaga
 
NY
 
14206
 
Erie
 
1
 
Industrial
 
Flex
 
1980
 
2009
49
 
JPMCB
 
Hampton Inn Massillon
 
44 1st Street SW
 
Massillon
 
OH
 
44647
 
Stark
 
1
 
Hotel
 
Limited Service
 
2000
 
2012
50
 
RAIT
 
Woodland Estates
 
4797 South 4th Street
 
Kalamazoo
 
MI
 
49009
 
Kalamazoo
 
1
 
Manufactured Housing
 
Manufactured Housing
 
1972, 1982, 1997
 
2014
51
 
JPMCB
 
Rite Aid
 
1224 Brownsville Road
 
Pittsburgh
 
PA
 
15210
 
Allegheny
 
1
 
Retail
 
Freestanding
 
2004
   
52
 
KeyBank
 
Trotwood Self Storage
 
5520 Salem Bend Drive
 
Trotwood
 
OH
 
45426
 
Montgomery
 
1
 
Self Storage
 
Self Storage
 
1978
 
1986
53
 
Barclays
 
East Dublin Center
 
901-937 East Dublin Granville Road
 
Columbus
 
OH
 
43229
 
Franklin
 
1
 
Retail
 
Anchored
 
1969
 
2014
54
 
KeyBank
 
Storage Pros - Old Hickory
 
316 Martingale Drive
 
Old Hickory
 
TN
 
37138
 
Davidson
 
1
 
Self Storage
 
Self Storage
 
1998-2002
   
 
 
A-1-1

 

 
ANNEX A-1
                                                         
                                           
Original
     
Current
       
               
 Unit of
     
Occupancy
 
Appraised
 
Appraisal
 
Current
 
Original
 
Balance
 
Current
 
Balance
 
% of Initial
 
Crossed
Loan #
 
Seller(1)
 
Property Name
 
Units(2)
 
 Measure
 
Occupancy %(3)
 
Date
 
Value ($)(4)
 
Date
 
LTV %(4)
 
Balance ($)(5)(6)
 
per Unit ($)
 
Balance ($)(5)(6)
 
per Unit ($)
 
Pool Balance
 
Loan
1
 
JPMCB / Column
 
Grapevine Mills
 
1,337,751
 
Square Feet
 
85.0%
 
05/30/14
 
505,000,000
 
08/12/14
 
53.1%
 
115,000,000
 
200
 
115,000,000
 
200
 
9.0%
 
No
2
 
JPMCB
 
The Mall of Victor Valley
 
477,384
 
Square Feet
 
96.6%
 
06/30/14
 
183,200,000
 
07/28/14
 
62.8%
 
115,000,000
 
241
 
115,000,000
 
241
 
9.0%
 
No
3
 
Barclays
 
Columbus Square Portfolio
 
494,224
 
Square Feet
 
95.7%
 
07/31/14
 
555,000,000
 
07/16/14
 
72.1%
 
96,250,000
 
809
 
96,250,000
 
809
 
7.6%
 
No
4
 
JPMCB
 
635 Madison Avenue
 
177,262
 
Square Feet
 
94.4%
 
07/31/14
 
195,000,000
 
07/21/14
 
46.2%
 
90,000,000
 
508
 
90,000,000
 
508
 
7.1%
 
No
5
 
KeyBank
 
Hutch Tower Two
 
278,133
 
Square Feet
 
100.0%
 
08/27/14
 
117,000,000
 
10/01/15
 
68.8%
 
80,500,000
 
289
 
80,500,000
 
289
 
6.3%
 
No
6
 
JPMCB
 
17 State Street
 
560,210
 
Square Feet
 
90.7%
 
06/19/14
 
325,000,000
 
04/01/14
 
55.4%
 
75,000,000
 
321
 
75,000,000
 
321
 
5.9%
 
No
7
 
Barclays
 
North Riverside Park Mall
 
429,038
 
Square Feet
 
94.1%
 
07/01/14
 
129,000,000
 
07/16/14
 
58.1%
 
75,000,000
 
175
 
75,000,000
 
175
 
5.9%
 
No
8
 
JPMCB
 
NoBu Station
 
474
 
Units
 
98.9%
 
08/31/14
 
54,000,000
 
08/20/14
 
77.8%
 
42,000,000
 
88,608
 
42,000,000
 
88,608
 
3.3%
 
No
9
 
Barclays
 
Meridian Corporate Center I
 
320,085
 
Square Feet
 
92.8%
 
07/30/14
 
53,100,000
 
07/21/14
 
68.3%
 
36,261,000
 
113
 
36,261,000
 
113
 
2.9%
 
No
10
 
JPMCB
 
Hilton Houston Post Oak
 
448
 
Rooms
 
83.5%
 
08/31/14
 
126,200,000
 
06/27/14
 
63.4%
 
35,000,000
 
178,571
 
35,000,000
 
178,571
 
2.8%
 
No
11
 
Barclays / RAIT
 
Oakland Square and Oakland Plaza
 
392,237
 
Square Feet
 
96.3%
 
08/31/14
 
51,090,000
 
08/08/14
 
68.5%
 
35,000,000
 
89
 
35,000,000
 
89
 
2.8%
 
No
11.01
 
Barclays / RAIT
 
Oakland Plaza
 
171,511
 
Square Feet
 
91.4%
 
08/31/14
 
27,090,000
 
08/08/14
     
18,429,612
     
18,429,612
     
1.4%
   
11.02
 
Barclays / RAIT
 
Oakland Square
 
220,726
 
Square Feet
 
100.0%
 
08/31/14
 
24,000,000
 
08/08/14
     
16,570,388
     
16,570,388
     
1.3%
   
12
 
JPMCB
 
Arden Park
 
301
 
Units
 
95.3%
 
08/22/14
 
42,300,000
 
07/29/14
 
77.1%
 
32,600,000
 
108,306
 
32,600,000
 
108,306
 
2.6%
 
No
13
 
GECC
 
Canyon Ranch Portfolio
 
277
 
Rooms
 
58.4%
 
06/30/14
 
282,100,000
 
Various
 
53.2%
 
30,000,000
 
541,516
 
30,000,000
 
541,516
 
2.4%
 
No
13.01
 
GECC
 
Canyon Ranch - Tucson
 
151
 
Rooms
 
58.0%
 
06/30/14
 
178,100,000
 
06/19/14
     
18,940,092
     
18,940,092
     
1.5%
   
13.02
 
GECC
 
Canyon Ranch - Lenox
 
126
 
Rooms
 
58.9%
 
06/30/14
 
104,000,000
 
06/24/14
     
11,059,908
     
11,059,908
     
0.9%
   
14
 
JPMCB
 
Embassy Suites Kennesaw
 
192
 
Rooms
 
78.3%
 
08/31/14
 
43,800,000
 
07/01/14
 
67.4%
 
29,500,000
 
153,646
 
29,500,000
 
153,646
 
2.3%
 
No
15
 
KeyBank
 
Motorola Solutions - Building I & III
 
323,025
 
Square Feet
 
100.0%
 
09/02/14
 
38,850,000
 
06/05/14
 
72.1%
 
28,000,000
 
87
 
28,000,000
 
87
 
2.2%
 
No
16
 
Barclays
 
Kenwood City Retail
 
84,247
 
Square Feet
 
92.5%
 
06/16/14
 
32,890,000
 
07/28/14
 
74.1%
 
24,375,000
 
289
 
24,375,000
 
289
 
1.9%
 
No
16.01
 
Barclays
 
Kenwood City Pavilion
 
57,173
 
Square Feet
 
89.0%
 
06/16/14
 
18,520,000
 
07/28/14
     
13,725,296
     
13,725,296
     
1.1%
   
16.02
 
Barclays
 
Kenwood City Place
 
27,074
 
Square Feet
 
100.0%
 
06/16/14
 
14,370,000
 
07/28/14
     
10,649,704
     
10,649,704
     
0.8%
   
17
 
JPMCB
 
Holiday Inn French Quarter-Chateau Lemoyne
 
171
 
Rooms
 
75.6%
 
07/31/14
 
40,500,000
 
07/01/14
 
58.0%
 
23,500,000
 
137,427
 
23,500,000
 
137,427
 
1.8%
 
No
18
 
Barclays
 
Watermark Hurstbourne Apartments
 
270
 
Units
 
94.1%
 
06/12/14
 
37,650,000
 
06/05/14
 
59.4%
 
22,350,000
 
82,778
 
22,350,000
 
82,778
 
1.8%
 
No
19
 
Barclays
 
Meridian Corporate Center II
 
295,672
 
Square Feet
 
84.8%
 
07/30/14
 
28,875,000
 
07/21/14
 
69.7%
 
20,126,000
 
68
 
20,126,000
 
68
 
1.6%
 
No
20
 
RAIT
 
2100 Wharton Street
 
226,173
 
Square Feet
 
88.7%
 
07/01/14
 
30,000,000
 
07/07/14
 
63.3%
 
19,000,000
 
84
 
19,000,000
 
84
 
1.5%
 
No
21
 
RAIT
 
Peerless Lofts
 
97
 
Units
 
97.9%
 
06/25/14
 
24,800,000
 
06/05/14
 
74.5%
 
18,500,000
 
190,722
 
18,475,505
 
190,469
 
1.5%
 
No
22
 
Barclays
 
Glenbrook Commons
 
254,113
 
Square Feet
 
94.2%
 
07/31/14
 
24,200,000
 
07/30/14
 
71.1%
 
17,200,000
 
68
 
17,200,000
 
68
 
1.4%
 
No
23
 
Barclays
 
1690 New Britain Avenue
 
165,264
 
Square Feet
 
100.0%
 
08/29/14
 
22,900,000
 
07/29/14
 
71.6%
 
16,400,000
 
99
 
16,400,000
 
99
 
1.3%
 
No
24
 
KeyBank
 
Water’s Edge
 
184
 
Units
 
95.7%
 
08/18/14
 
19,500,000
 
06/12/14
 
69.3%
 
13,518,000
 
73,467
 
13,518,000
 
73,467
 
1.1%
 
No
25
 
JPMCB
 
Westin Columbus
 
188
 
Rooms
 
70.6%
 
07/31/14
 
21,000,000
 
07/24/14
 
61.9%
 
13,000,000
 
69,149
 
13,000,000
 
69,149
 
1.0%
 
No
26
 
Barclays
 
Meriden Executive Park
 
152,753
 
Square Feet
 
92.5%
 
08/01/14
 
17,000,000
 
07/24/14
 
70.0%
 
11,900,000
 
78
 
11,900,000
 
78
 
0.9%
 
No
27
 
Barclays
 
East Roosevelt Boulevard Office Portfolio
 
86,639
 
Square Feet
 
89.1%
 
07/10/14
 
13,400,000
 
07/18/14
 
74.6%
 
10,000,000
 
115
 
10,000,000
 
115
 
0.8%
 
No
28
 
Barclays
 
Churchill Square Shopping Center
 
92,704
 
Square Feet
 
82.6%
 
08/14/14
 
14,450,000
 
07/21/14
 
62.3%
 
9,000,000
 
97
 
9,000,000
 
97
 
0.7%
 
No
29
 
KeyBank
 
Skyview Plaza Shopping Center
 
84,629
 
Square Feet
 
92.9%
 
09/09/14
 
11,900,000
 
08/18/14
 
75.0%
 
8,925,000
 
105
 
8,925,000
 
105
 
0.7%
 
No
30
 
KeyBank
 
MHPI Indiana Portfolio
 
447
 
Pads
 
84.8%
 
07/31/14
 
10,950,000
 
08/20/14
 
74.4%
 
8,150,000
 
18,233
 
8,150,000
 
18,233
 
0.6%
 
No
30.01
 
KeyBank
 
Apple Valley Estates
 
238
 
Pads
 
97.1%
 
07/31/14
 
9,100,000
 
08/20/14
     
6,773,059
     
6,773,059
     
0.5%
   
30.02
 
KeyBank
 
Regency Pointe Estates Community
 
131
 
Pads
 
61.8%
 
07/31/14
 
1,050,000
 
08/20/14
     
781,507
     
781,507
     
0.1%
   
30.03
 
KeyBank
 
Merrywood
 
78
 
Pads
 
85.9%
 
07/31/14
 
800,000
 
08/20/14
     
595,434
     
595,434
     
0.0%
   
31
 
KeyBank
 
Wauwatosa Industrial
 
164,087
 
Square Feet
 
100.0%
 
08/20/14
 
12,000,000
 
07/29/14
 
67.5%
 
8,100,000
 
49
 
8,100,000
 
49
 
0.6%
 
No
32
 
RAIT
 
Tractor Supply/Fresenius Medical
 
55,172
 
Square Feet
 
100.0%
 
10/01/14
 
12,180,000
 
Various
 
64.7%
 
7,880,000
 
143
 
7,880,000
 
143
 
0.6%
 
No
32.01
 
RAIT
 
Fresenius Medical Care
 
14,373
 
Square Feet
 
100.0%
 
10/01/14
 
5,100,000
 
07/21/14
     
3,290,000
     
3,290,000
     
0.3%
   
32.02
 
RAIT
 
Tractor Supply- Buckeye
 
21,702
 
Square Feet
 
100.0%
 
10/01/14
 
3,950,000
 
07/16/14
     
2,550,000
     
2,550,000
     
0.2%
   
32.03
 
RAIT
 
Tractor Supply- Laurel
 
19,097
 
Square Feet
 
100.0%
 
10/01/14
 
3,130,000
 
07/10/14
     
2,040,000
     
2,040,000
     
0.2%
   
33
 
RAIT
 
Bennington Square Apartments
 
313
 
Units
 
98.4%
 
08/31/14
 
9,730,000
 
05/07/14
 
74.7%
 
7,300,000
 
23,323
 
7,273,168
 
23,237
 
0.6%
 
No
34
 
RAIT
 
Racine Center
 
135,827
 
Square Feet
 
90.8%
 
04/21/14
 
9,600,000
 
04/21/14
 
73.8%
 
7,100,000
 
52
 
7,083,281
 
52
 
0.6%
 
No
35
 
RAIT
 
Northridge Business Center
 
174,506
 
Square Feet
 
83.6%
 
05/16/14
 
11,950,000
 
05/28/14
 
57.7%
 
6,900,000
 
40
 
6,900,000
 
40
 
0.5%
 
No
36
 
KeyBank
 
Hyatt Place - Nashville
 
83
 
Rooms
 
84.6%
 
05/31/14
 
10,100,000
 
06/22/14
 
68.2%
 
6,900,000
 
83,133
 
6,887,282
 
82,979
 
0.5%
 
No
37
 
KeyBank
 
The Carrier Building
 
165,000
 
Square Feet
 
100.0%
 
07/02/14
 
8,510,000
 
07/11/14
 
75.1%
 
6,400,000
 
39
 
6,391,557
 
39
 
0.5%
 
No
38
 
KeyBank
 
Wichita Square
 
67,431
 
Square Feet
 
100.0%
 
07/31/14
 
9,010,000
 
06/05/14
 
68.8%
 
6,200,000
 
92
 
6,200,000
 
92
 
0.5%
 
No
39
 
JPMCB
 
Academy Sports - Garland, TX
 
71,830
 
Square Feet
 
100.0%
 
10/01/14
 
12,900,000
 
07/15/14
 
47.0%
 
6,060,000
 
84
 
6,060,000
 
84
 
0.5%
 
No
40
 
Barclays
 
Storage Max Self Storage
 
942
 
Units
 
88.9%
 
09/08/14
 
9,450,000
 
07/24/14
 
63.5%
 
6,000,000
 
6,369
 
6,000,000
 
6,369
 
0.5%
 
No
41
 
KeyBank
 
Westwood Square
 
77,447
 
Square Feet
 
96.1%
 
07/11/14
 
7,275,000
 
05/01/15
 
75.0%
 
5,456,000
 
70
 
5,456,000
 
70
 
0.4%
 
No
42
 
RAIT
 
Dollar General Portfolio
 
36,252
 
Square Feet
 
100.0%
 
10/01/14
 
7,060,000
 
04/10/14
 
76.3%
 
5,402,000
 
149
 
5,383,760
 
149
 
0.4%
 
No
42.01
 
RAIT
 
Dollar General - Chillicothe
 
9,026
 
Square Feet
 
100.0%
 
10/01/14
 
1,840,000
 
04/10/14
     
1,407,887
     
1,403,133
     
0.1%
   
42.02
 
RAIT
 
Dollar General - Columbus 2
 
9,026
 
Square Feet
 
100.0%
 
10/01/14
 
1,780,000
 
04/10/14
     
1,361,977
     
1,357,379
     
0.1%
   
42.03
 
RAIT
 
Dollar General - Columbus 1
 
9,100
 
Square Feet
 
100.0%
 
10/01/14
 
1,740,000
 
04/10/14
     
1,331,371
     
1,326,876
     
0.1%
   
42.04
 
RAIT
 
Dollar General - Kansas City
 
9,100
 
Square Feet
 
100.0%
 
10/01/14
 
1,700,000
 
04/10/14
     
1,300,765
     
1,296,373
     
0.1%
   
43
 
KeyBank
 
Marysville Farms
 
160
 
Pads
 
96.3%
 
07/01/14
 
6,550,000
 
07/01/14
 
74.8%
 
4,900,000
 
30,625
 
4,900,000
 
30,625
 
0.4%
 
No
44
 
KeyBank
 
StaxUp Self Storage
 
541
 
Units
 
80.6%
 
06/30/14
 
5,600,000
 
07/03/14
 
74.8%
 
4,200,000
 
7,763
 
4,189,760
 
7,744
 
0.3%
 
No
45
 
RAIT
 
740 Kifer Road
 
22,986
 
Square Feet
 
100.0%
 
10/01/14
 
6,525,000
 
07/22/14
 
61.3%
 
4,000,000
 
174
 
4,000,000
 
174
 
0.3%
 
No
46
 
KeyBank
 
Harrodsburg Marketplace
 
60,048
 
Square Feet
 
97.0%
 
05/20/14
 
5,000,000
 
06/17/14
 
74.9%
 
3,750,000
 
62
 
3,745,106
 
62
 
0.3%
 
No
47
 
KeyBank
 
Village Park Apartments
 
132
 
Units
 
97.7%
 
06/18/14
 
5,040,000
 
06/12/14
 
71.8%
 
3,630,000
 
27,500
 
3,621,078
 
27,432
 
0.3%
 
No
48
 
KeyBank
 
Anchor Industrial Park
 
118,665
 
Square Feet
 
100.0%
 
06/01/14
 
4,800,000
 
06/11/14
 
74.8%
 
3,600,000
 
30
 
3,591,400
 
30
 
0.3%
 
No
49
 
JPMCB
 
Hampton Inn Massillon
 
73
 
Rooms
 
70.5%
 
05/31/14
 
7,000,000
 
07/01/14
 
50.0%
 
3,500,000
 
47,945
 
3,500,000
 
47,945
 
0.3%
 
No
50
 
RAIT
 
Woodland Estates
 
338
 
Pads
 
67.5%
 
06/01/14
 
5,600,000
 
05/28/14
 
53.6%
 
3,000,000
 
8,876
 
3,000,000
 
8,876
 
0.2%
 
No
51
 
JPMCB
 
Rite Aid
 
13,813
 
Square Feet
 
100.0%
 
10/01/14
 
5,400,000
 
04/17/14
 
54.8%
 
3,000,000
 
217
 
2,961,365
 
214
 
0.2%
 
No
52
 
KeyBank
 
Trotwood Self Storage
 
557
 
Units
 
98.9%
 
06/30/14
 
3,700,000
 
07/14/14
 
74.9%
 
2,775,000
 
4,982
 
2,771,265
 
4,975
 
0.2%
 
No
53
 
Barclays
 
East Dublin Center
 
43,291
 
Square Feet
 
100.0%
 
06/04/14
 
2,900,000
 
06/30/14
 
79.4%
 
2,306,250
 
53
 
2,303,370
 
53
 
0.2%
 
No
54
 
KeyBank
 
Storage Pros - Old Hickory
 
335
 
Units
 
83.0%
 
07/14/14
 
3,110,000
 
07/09/14
 
67.1%
 
2,089,000
 
6,236
 
2,086,249
 
6,228
 
0.2%
 
No
 
 
A-1-2

 
 
ANNEX A-1
 
                       
Net
                                   
           
Related
 
Interest
 
Admin.
 
Mortgage
     
Monthly Debt
 
Annual Debt
     
First
 
Partial IO
 
Partial IO Loan
 
Rem.
 
Rem.
Loan #
 
Seller(1)
 
Property Name
 
Borrower(7)
 
Rate %(8)
 
Fee %(8)
 
Rate %(8)
 
Accrual Type
 
Service ($)(9)(10)
 
Service ($)(10)
 
Note Date
 
Payment Date
 
Last IO Payment
 
First P&I Payment
 
 Term
 
 Amort
1
 
JPMCB / Column
 
Grapevine Mills
 
No
 
3.83270
 
0.01080
 
3.82190
 
Actual/360
 
372,401.81
 
4,468,821.74
 
09/02/14
 
11/01/14
         
120
 
0
2
 
JPMCB
 
The Mall of Victor Valley
 
No
 
3.96550
 
0.01080
 
3.95470
 
Actual/360
 
385,305.24
 
4,623,662.85
 
08/28/14
 
10/01/14
         
119
 
0
3
 
Barclays
 
Columbus Square Portfolio
 
No
 
4.57000
 
0.01830
 
4.55170
 
Actual/360
 
459,691.05
 
5,516,292.60
 
08/08/14
 
09/11/14
 
02/11/18
 
03/11/18
 
118
 
420
4
 
JPMCB
 
635 Madison Avenue
 
No
 
4.47917
 
0.01080
 
4.46837
 
Actual/360
 
454,903.39
 
5,458,840.68
 
09/23/14
 
11/01/14
 
10/01/19
 
11/01/19
 
120
 
360
5
 
KeyBank
 
Hutch Tower Two
 
No
 
4.57000
 
0.01830
 
4.55170
 
Actual/360
 
411,236.69
 
4,934,840.28
 
09/12/14
 
11/01/14
 
10/01/17
 
11/01/17
 
120
 
360
6
 
JPMCB
 
17 State Street
 
No
 
4.45250
 
0.01080
 
4.44170
 
Actual/360
 
282,146.27
 
3,385,755.21
 
07/15/14
 
09/01/14
         
118
 
0
7
 
Barclays
 
North Riverside Park Mall
 
No
 
4.93500
 
0.01080
 
4.92420
 
Actual/360
 
399,642.10
 
4,795,705.20
 
09/15/14
 
11/06/14
         
60
 
360
8
 
JPMCB
 
NoBu Station
 
Yes - Group 1
 
4.36000
 
0.01080
 
4.34920
 
Actual/360
 
209,328.38
 
2,511,940.56
 
09/19/14
 
11/01/14
 
10/01/19
 
11/01/19
 
120
 
360
9
 
Barclays
 
Meridian Corporate Center I
 
Yes - Group 2
 
3.90600
 
0.02080
 
3.88520
 
Actual/360
 
119,668.85
 
1,436,026.25
 
08/07/14
 
10/06/14
         
59
 
0
10
 
JPMCB
 
Hilton Houston Post Oak
 
No
 
4.48600
 
0.01080
 
4.47520
 
Actual/360
 
177,048.83
 
2,124,585.96
 
09/15/14
 
11/01/14
 
10/01/17
 
11/01/17
 
120
 
360
11
 
Barclays / RAIT
 
Oakland Square and Oakland Plaza
 
No
 
4.97000
 
0.01080
 
4.95920
 
Actual/360
 
187,246.38
 
2,246,956.56
 
09/15/14
 
11/01/14
 
10/01/16
 
11/01/16
 
84
 
360
11.01
 
Barclays / RAIT
 
Oakland Plaza
                                                   
11.02
 
Barclays / RAIT
 
Oakland Square
                                                   
12
 
JPMCB
 
Arden Park
 
Yes - Group 1
 
4.31950
 
0.02830
 
4.29120
 
Actual/360
 
161,701.59
 
1,940,419.08
 
09/02/14
 
11/01/14
 
10/01/19
 
11/01/19
 
120
 
360
13
 
GECC
 
Canyon Ranch Portfolio
 
No
 
4.13000
 
0.01830
 
4.11170
 
Actual/360
 
145,482.08
 
1,745,784.96
 
08/20/14
 
10/01/14
 
09/01/19
 
10/01/19
 
119
 
360
13.01
 
GECC
 
Canyon Ranch - Tucson
                                                   
13.02
 
GECC
 
Canyon Ranch - Lenox
                                                   
14
 
JPMCB
 
Embassy Suites Kennesaw
 
No
 
5.49804
 
0.01080
 
5.48724
 
Actual/360
 
163,505.15
 
1,962,061.80
 
09/09/14
 
11/01/14
 
10/01/15
 
11/01/15
 
60
 
360
15
 
KeyBank
 
Motorola Solutions - Building I & III
 
No
 
4.93000
 
0.01830
 
4.91170
 
Actual/360
 
149,114.47
 
1,789,373.64
 
09/18/14
 
11/01/14
         
132
 
360
16
 
Barclays
 
Kenwood City Retail
 
No
 
4.43850
 
0.01080
 
4.42770
 
Actual/360
 
122,615.44
 
1,471,385.28
 
08/22/14
 
10/06/14
 
09/06/17
 
10/06/17
 
119
 
360
16.01
 
Barclays
 
Kenwood City Pavilion
                                                   
16.02
 
Barclays
 
Kenwood City Place
                                                   
17
 
JPMCB
 
Holiday Inn French Quarter-Chateau Lemoyne
 
No
 
4.50000
 
0.01080
 
4.48920
 
Actual/360
 
130,620.63
 
1,567,447.56
 
09/09/14
 
11/01/14
         
120
 
300
18
 
Barclays
 
Watermark Hurstbourne Apartments
 
No
 
4.48000
 
0.01080
 
4.46920
 
Actual/360
 
112,978.72
 
1,355,744.64
 
06/24/14
 
08/06/14
 
07/06/19
 
08/06/19
 
117
 
360
19
 
Barclays
 
Meridian Corporate Center II
 
Yes - Group 2
 
3.90600
 
0.02080
 
3.88520
 
Actual/360
 
66,419.99
 
797,039.92
 
08/07/14
 
10/06/14
         
59
 
0
20
 
RAIT
 
2100 Wharton Street
 
No
 
4.61500
 
0.01080
 
4.60420
 
Actual/360
 
97,572.83
 
1,170,873.96
 
09/11/14
 
11/01/14
 
10/01/16
 
11/01/16
 
120
 
360
21
 
RAIT
 
Peerless Lofts
 
No
 
4.47000
 
0.01080
 
4.45920
 
Actual/360
 
93,407.30
 
1,120,887.60
 
08/04/14
 
10/01/14
         
119
 
359
22
 
Barclays
 
Glenbrook Commons
 
No
 
4.44800
 
0.01080
 
4.43720
 
Actual/360
 
86,619.25
 
1,039,431.00
 
09/03/14
 
10/06/14
 
09/06/18
 
10/06/18
 
119
 
360
23
 
Barclays
 
1690 New Britain Avenue
 
Yes - Group 3
 
4.46000
 
0.04080
 
4.41920
 
Actual/360
 
82,707.07
 
992,484.84
 
09/10/14
 
10/06/14
 
09/06/19
 
10/06/19
 
119
 
360
24
 
KeyBank
 
Water’s Edge
 
No
 
4.68000
 
0.01830
 
4.66170
 
Actual/360
 
69,947.05
 
839,364.60
 
09/12/14
 
11/01/14
 
10/01/16
 
11/01/16
 
120
 
360
25
 
JPMCB
 
Westin Columbus
 
No
 
5.03150
 
0.01080
 
5.02070
 
Actual/360
 
70,037.29
 
840,447.48
 
09/17/14
 
11/01/14
         
60
 
360
26
 
Barclays
 
Meriden Executive Park
 
Yes - Group 3
 
4.39000
 
0.04080
 
4.34920
 
Actual/360
 
59,520.28
 
714,243.36
 
08/22/14
 
10/06/14
 
09/06/19
 
10/06/19
 
119
 
360
27
 
Barclays
 
East Roosevelt Boulevard Office Portfolio
 
No
 
4.49700
 
0.01080
 
4.48620
 
Actual/360
 
50,650.71
 
607,808.52
 
08/20/14
 
10/06/14
 
09/06/16
 
10/06/16
 
119
 
360
28
 
Barclays
 
Churchill Square Shopping Center
 
No
 
4.44700
 
0.01080
 
4.43620
 
Actual/360
 
45,318.69
 
543,824.28
 
08/27/14
 
10/06/14
 
09/06/19
 
10/06/19
 
119
 
360
29
 
KeyBank
 
Skyview Plaza Shopping Center
 
No
 
4.68000
 
0.01830
 
4.66170
 
Actual/360
 
46,181.20
 
554,174.40
 
09/12/14
 
11/01/14
         
120
 
360
30
 
KeyBank
 
MHPI Indiana Portfolio
 
No
 
4.66000
 
0.01830
 
4.64170
 
Actual/360
 
42,073.26
 
504,879.12
 
09/11/14
 
11/01/14
         
120
 
360
30.01
 
KeyBank
 
Apple Valley Estates
                                                   
30.02
 
KeyBank
 
Regency Pointe Estates Community
                                                   
30.03
 
KeyBank
 
Merrywood
                                                   
31
 
KeyBank
 
Wauwatosa Industrial
 
Yes - Group 4
 
4.58000
 
0.01830
 
4.56170
 
Actual/360
 
41,427.43
 
497,129.16
 
09/11/14
 
11/01/14
         
120
 
360
32
 
RAIT
 
Tractor Supply/Fresenius Medical
 
No
 
4.61000
 
0.05830
 
4.55170
 
Actual/360
 
40,443.48
 
485,321.76
 
09/16/14
 
11/01/14
 
10/01/15
 
11/01/15
 
60
 
360
32.01
 
RAIT
 
Fresenius Medical Care
                                                   
32.02
 
RAIT
 
Tractor Supply- Buckeye
                                                   
32.03
 
RAIT
 
Tractor Supply- Laurel
                                                   
33
 
RAIT
 
Bennington Square Apartments
 
No
 
4.55000
 
0.01080
 
4.53920
 
Actual/360
 
37,205.22
 
446,462.64
 
06/06/14
 
08/01/14
         
117
 
357
34
 
RAIT
 
Racine Center
 
No
 
4.82000
 
0.01080
 
4.80920
 
Actual/360
 
37,337.12
 
448,045.44
 
07/17/14
 
09/01/14
         
118
 
358
35
 
RAIT
 
Northridge Business Center
 
No
 
4.66000
 
0.08830
 
4.57170
 
Actual/360
 
35,620.31
 
427,443.72
 
08/05/14
 
10/01/14
 
09/01/16
 
10/01/16
 
119
 
360
36
 
KeyBank
 
Hyatt Place - Nashville
 
No
 
4.37000
 
0.01830
 
4.35170
 
Actual/360
 
37,845.08
 
454,140.96
 
08/12/14
 
10/01/14
         
59
 
299
37
 
KeyBank
 
The Carrier Building
 
Yes - Group 4
 
4.49000
 
0.01830
 
4.47170
 
Actual/360
 
32,389.84
 
388,678.08
 
08/21/14
 
10/01/14
         
119
 
359
38
 
KeyBank
 
Wichita Square
 
No
 
4.72000
 
0.01830
 
4.70170
 
Actual/360
 
32,230.12
 
386,761.44
 
09/10/14
 
11/01/14
         
120
 
360
39
 
JPMCB
 
Academy Sports - Garland, TX
 
No
 
4.41500
 
0.01080
 
4.40420
 
Actual/360
 
30,399.83
 
364,797.96
 
09/10/14
 
11/01/14
         
120
 
360
40
 
Barclays
 
Storage Max Self Storage
 
No
 
4.59000
 
0.01080
 
4.57920
 
Actual/360
 
30,722.81
 
368,673.72
 
09/18/14
 
11/06/14
 
10/06/18
 
11/06/18
 
120
 
360
41
 
KeyBank
 
Westwood Square
 
No
 
4.48000
 
0.01830
 
4.46170
 
Actual/360
 
27,579.95
 
330,959.40
 
09/04/14
 
11/01/14
 
10/01/16
 
11/01/16
 
120
 
360
42
 
RAIT
 
Dollar General Portfolio
 
No
 
4.95000
 
0.01080
 
4.93920
 
Actual/360
 
28,834.26
 
346,011.12
 
06/05/14
 
08/01/14
         
81
 
357
42.01
 
RAIT
 
Dollar General - Chillicothe
                                                   
42.02
 
RAIT
 
Dollar General - Columbus 2
                                                   
42.03
 
RAIT
 
Dollar General - Columbus 1
                                                   
42.04
 
RAIT
 
Dollar General - Kansas City
                                                   
43
 
KeyBank
 
Marysville Farms
 
No
 
4.87000
 
0.01830
 
4.85170
 
Actual/360
 
28,275.01
 
339,300.12
 
09/04/14
 
11/01/14
         
120
 
300
44
 
KeyBank
 
StaxUp Self Storage
 
No
 
4.65000
 
0.01830
 
4.63170
 
Actual/360
 
21,656.75
 
259,881.00
 
07/31/14
 
09/01/14
         
118
 
358
45
 
RAIT
 
740 Kifer Road
 
No
 
4.45000
 
0.01080
 
4.43920
 
Actual/360
 
15,039.35
 
180,472.22
 
08/19/14
 
10/01/14
         
83
 
0
46
 
KeyBank
 
Harrodsburg Marketplace
 
No
 
4.55000
 
0.01830
 
4.53170
 
Actual/360
 
19,112.27
 
229,347.24
 
08/04/14
 
10/01/14
         
119
 
359
47
 
KeyBank
 
Village Park Apartments
 
No
 
4.61000
 
0.01830
 
4.59170
 
Actual/360
 
18,630.69
 
223,568.28
 
07/31/14
 
09/01/14
         
118
 
358
48
 
KeyBank
 
Anchor Industrial Park
 
No
 
4.75000
 
0.01830
 
4.73170
 
Actual/360
 
18,779.30
 
225,351.60
 
07/02/14
 
09/01/14
         
118
 
358
49
 
JPMCB
 
Hampton Inn Massillon
 
No
 
5.09000
 
0.01080
 
5.07920
 
Actual/360
 
20,644.60
 
247,735.20
 
09/09/14
 
11/01/14
         
61
 
300
50
 
RAIT
 
Woodland Estates
 
No
 
4.89000
 
0.01080
 
4.87920
 
Actual/360
 
15,903.57
 
190,842.84
 
09/05/14
 
11/01/14
         
120
 
360
51
 
JPMCB
 
Rite Aid
 
No
 
4.84450
 
0.01080
 
4.83370
 
Actual/360
 
31,592.12
 
379,105.44
 
07/31/14
 
09/01/14
         
118
 
118
52
 
KeyBank
 
Trotwood Self Storage
 
No
 
4.38000
 
0.01830
 
4.36170
 
Actual/360
 
13,863.35
 
166,360.20
 
08/20/14
 
10/01/14
         
119
 
359
53
 
Barclays
 
East Dublin Center
 
No
 
4.79000
 
0.01080
 
4.77920
 
Actual/360
 
12,086.16
 
145,033.92
 
08/28/14
 
10/06/14
         
119
 
359
54
 
KeyBank
 
Storage Pros - Old Hickory
 
No
 
4.50000
 
0.01830
 
4.48170
 
Actual/360
 
10,584.66
 
127,015.92
 
08/05/14
 
10/01/14
         
59
 
359
 
 
A-1-3

 

ANNEX A-1
 
                   
Payment
 
Grace Period
 
Grace Period
         
Final
 
Maturity/ARD
 
Maturity
 
Prepayment
Loan #
 
Seller(1)
 
Property Name
 
I/O Period
 
Seasoning
 
Due Date
 
 (Late Payment)
 
 (Default)
 
Maturity Date(11)
 
ARD Loan(11)
 
Mat Date(11)
 
Balance ($)(5)
 
LTV %(4)
 
Provision (Payments)(12)
1
 
JPMCB / Column
 
Grapevine Mills
 
120
 
0
 
1
 
5
 
5
 
10/01/24
 
No
     
115,000,000
 
53.1%
 
L(24),Def(89),O(7)
2
 
JPMCB
 
The Mall of Victor Valley
 
120
 
1
 
1
 
5
 
0
 
09/01/24
 
No
     
115,000,000
 
62.8%
 
L(25),Def(90),O(5)
3
 
Barclays
 
Columbus Square Portfolio
 
42
 
2
 
11
 
5
 
0
 
08/11/24
 
No
     
88,255,651
 
66.1%
 
L(26),Def(90),O(4)
4
 
JPMCB
 
635 Madison Avenue
 
60
 
0
 
1
 
5
 
0
 
10/01/24
 
No
     
82,341,383
 
42.2%
 
L(24),Def(93),O(3)
5
 
KeyBank
 
Hutch Tower Two
 
36
 
0
 
1
 
0
 
3
 
10/01/24
 
No
     
70,580,977
 
60.3%
 
L(24),Def(93),O(3)
6
 
JPMCB
 
17 State Street
 
120
 
2
 
1
 
5
 
0
 
08/01/24
 
No
     
75,000,000
 
55.4%
 
L(26),Def(90),O(4)
7
 
Barclays
 
North Riverside Park Mall
 
0
 
0
 
6
 
0
 
0
 
10/06/19
 
No
     
69,100,214
 
53.6%
 
L(24),Def(32),O(4)
8
 
JPMCB
 
NoBu Station
 
60
 
0
 
1
 
0
 
0
 
10/01/24
 
No
     
38,351,598
 
71.0%
 
L(25),Grtr1%orYM(93),O(2)
9
 
Barclays
 
Meridian Corporate Center I
 
60
 
1
 
6
 
0
 
0
 
09/06/19
 
No
     
36,261,000
 
68.3%
 
L(25),Def(31),O(4)
10
 
JPMCB
 
Hilton Houston Post Oak
 
36
 
0
 
1
 
0
 
0
 
10/01/24
 
No
     
30,628,055
 
55.5%
 
L(25),Grtr1%orYM(92),O(3)
11
 
Barclays / RAIT
 
Oakland Square and Oakland Plaza
 
24
 
0
 
1
 
5
 
5
 
10/01/21
 
No
     
32,263,233
 
63.1%
 
L(24),Def(56),O(4)
11.01
 
Barclays / RAIT
 
Oakland Plaza
                                 
16,988,539
       
11.02
 
Barclays / RAIT
 
Oakland Square
                                 
15,274,694
       
12
 
JPMCB
 
Arden Park
 
60
 
0
 
1
 
0
 
0
 
10/01/24
 
No
     
29,748,361
 
70.3%
 
L(25),Grtr1%orYM(93),O(2)
13
 
GECC
 
Canyon Ranch Portfolio
 
60
 
1
 
1
 
5
 
5
 
09/01/24
 
No
     
27,289,105
 
48.4%
 
L(25),Def(91),O(4)
13.01
 
GECC
 
Canyon Ranch - Tucson
                                 
17,228,606
       
13.02
 
GECC
 
Canyon Ranch - Lenox
                                 
10,060,500
       
14
 
JPMCB
 
Embassy Suites Kennesaw
 
12
 
0
 
1
 
0
 
0
 
10/01/19
 
No
     
28,069,419
 
64.1%
 
L(25),Grtr1%orYM(11),O(24)
15
 
KeyBank
 
Motorola Solutions - Building I & III
 
0
 
0
 
1
 
0
 
5
 
10/01/25
 
No
     
22,313,492
 
57.4%
 
L(36),Def(72),O(24)
16
 
Barclays
 
Kenwood City Retail
 
36
 
1
 
6
 
0
 
0
 
09/06/24
 
No
     
21,306,099
 
64.8%
 
L(25),Def(91),O(4)
16.01
 
Barclays
 
Kenwood City Pavilion
                                 
11,997,232
       
16.02
 
Barclays
 
Kenwood City Place
                                 
9,308,867
       
17
 
JPMCB
 
Holiday Inn French Quarter-Chateau Lemoyne
 
0
 
0
 
1
 
2 (once a year, max twice)
 
2 (once a year, max twice)
 
10/01/24
 
Yes
 
11/01/44
 
17,248,589
 
42.6%
 
L(24),Def(93),O(3)
18
 
Barclays
 
Watermark Hurstbourne Apartments
 
60
 
3
 
6
 
0
 
0
 
07/06/24
 
No
     
20,448,998
 
54.3%
 
L(24),Grtr1%orYM(92),O(4)
19
 
Barclays
 
Meridian Corporate Center II
 
60
 
1
 
6
 
0
 
0
 
09/06/19
 
No
     
20,126,000
 
69.7%
 
L(25),Def(31),O(4)
20
 
RAIT
 
2100 Wharton Street
 
24
 
0
 
1
 
5
 
5
 
10/01/24
 
No
     
16,276,589
 
54.3%
 
L(24),Def(92),O(4)
21
 
RAIT
 
Peerless Lofts
 
0
 
1
 
1
 
5
 
5
 
09/01/24
 
No
     
14,942,049
 
60.3%
 
L(25),Def(91),O(4)
22
 
Barclays
 
Glenbrook Commons
 
48
 
1
 
6
 
0
 
0
 
09/06/24
 
No
     
15,390,706
 
63.6%
 
L(25),Def(91),O(4)
23
 
Barclays
 
1690 New Britain Avenue
 
60
 
1
 
6
 
0
 
0
 
09/06/24
 
No
     
14,999,473
 
65.5%
 
L(24),Grtr1%orYM(92),O(4)
24
 
KeyBank
 
Water’s Edge
 
24
 
0
 
1
 
0
 
5
 
10/01/24
 
No
     
11,600,198
 
59.5%
 
L(24),Def(93),O(3)
25
 
JPMCB
 
Westin Columbus
 
0
 
0
 
1
 
0
 
0
 
10/01/19
 
No
     
11,994,898
 
57.1%
 
L(25),Grtr1%orYM(11),1%(21),O(3)
26
 
Barclays
 
Meriden Executive Park
 
60
 
1
 
6
 
0
 
0
 
09/06/24
 
No
     
10,871,397
 
63.9%
 
L(24),Grtr1%orYM(92),O(4)
27
 
Barclays
 
East Roosevelt Boulevard Office Portfolio
 
24
 
1
 
6
 
0
 
0
 
09/06/24
 
No
     
8,539,471
 
63.7%
 
L(25),Def(91),O(4)
28
 
Barclays
 
Churchill Square Shopping Center
 
60
 
1
 
6
 
0
 
0
 
09/06/24
 
No
     
8,229,687
 
57.0%
 
L(25),Def(91),O(4)
29
 
KeyBank
 
Skyview Plaza Shopping Center
 
0
 
0
 
1
 
5
 
5
 
10/01/24
 
No
     
7,260,775
 
61.0%
 
L(24),Def(92),O(4)
30
 
KeyBank
 
MHPI Indiana Portfolio
 
0
 
0
 
1
 
5
 
5
 
10/01/24
 
No
     
6,625,805
 
60.5%
 
L(24),Def(93),O(3)
30.01
 
KeyBank
 
Apple Valley Estates
                                 
5,506,377
       
30.02
 
KeyBank
 
Regency Pointe Estates Community
                                 
635,351
       
30.03
 
KeyBank
 
Merrywood
                                 
484,077
       
31
 
KeyBank
 
Wauwatosa Industrial
 
0
 
0
 
1
 
5
 
5
 
10/01/24
 
No
     
6,567,276
 
54.7%
 
L(24),Def(92),O(4)
32
 
RAIT
 
Tractor Supply/Fresenius Medical
 
12
 
0
 
1
 
5
 
5
 
10/01/19
 
Yes
 
10/01/24
 
7,367,625
 
60.5%
 
L(24),Def(32),O(4)
32.01
 
RAIT
 
Fresenius Medical Care
                                 
3,076,077
       
32.02
 
RAIT
 
Tractor Supply- Buckeye
                                 
2,384,194
       
32.03
 
RAIT
 
Tractor Supply- Laurel
                                 
1,907,355
       
33
 
RAIT
 
Bennington Square Apartments
 
0
 
3
 
1
 
0
 
5
 
07/01/24
 
No
     
5,913,073
 
60.8%
 
L(27),Def(89),O(4)
34
 
RAIT
 
Racine Center
 
0
 
2
 
1
 
0
 
5
 
08/01/24
 
No
     
5,803,358
 
60.5%
 
L(26),Def(90),O(4)
35
 
RAIT
 
Northridge Business Center
 
24
 
1
 
1
 
5
 
5
 
09/01/24
 
No
     
5,917,753
 
49.5%
 
L(25),Def(91),O(4)
36
 
KeyBank
 
Hyatt Place - Nashville
 
0
 
1
 
1
 
0
 
0
 
09/01/19
 
No
     
6,071,771
 
60.1%
 
L(25),Def(32),O(3)
37
 
KeyBank
 
The Carrier Building
 
0
 
1
 
1
 
15
 
5
 
09/01/24
 
No
     
5,172,705
 
60.8%
 
L(25),Def(91),O(4)
38
 
KeyBank
 
Wichita Square
 
0
 
0
 
1
 
0
 
5
 
10/01/24
 
No
     
5,050,706
 
56.1%
 
L(24),Def(93),O(3)
39
 
JPMCB
 
Academy Sports - Garland, TX
 
0
 
0
 
1
 
0
 
0
 
10/01/24
 
Yes
 
01/01/29
 
4,885,477
 
37.9%
 
L(25),Grtr1%orYM(92),O(3)
40
 
Barclays
 
Storage Max Self Storage
 
48
 
0
 
6
 
0
 
0
 
10/06/24
 
No
     
5,383,889
 
57.0%
 
L(24),Def(92),O(4)
41
 
KeyBank
 
Westwood Square
 
24
 
0
 
1
 
0
 
0
 
10/01/24
 
No
     
4,657,188
 
64.0%
 
L(24),Def(93),O(3)
42
 
RAIT
 
Dollar General Portfolio
 
0
 
3
 
1
 
5
 
5
 
07/01/21
 
Yes
 
07/01/44
 
4,777,320
 
67.7%
 
L(27),Def(53),O(4)
42.01
 
RAIT
 
Dollar General - Chillicothe
                                 
1,245,080
       
42.02
 
RAIT
 
Dollar General - Columbus 2
                                 
1,204,480
       
42.03
 
RAIT
 
Dollar General - Columbus 1
                                 
1,177,413
       
42.04
 
RAIT
 
Dollar General - Kansas City
                                 
1,150,346
       
43
 
KeyBank
 
Marysville Farms
 
0
 
0
 
1
 
0
 
5
 
10/01/24
 
No
     
3,646,602
 
55.7%
 
L(25),Grtr1%orYM(91),O(4)
44
 
KeyBank
 
StaxUp Self Storage
 
0
 
2
 
1
 
0
 
5
 
08/01/24
 
No
     
3,413,420
 
61.0%
 
L(26),Def(91),O(3)
45
 
RAIT
 
740 Kifer Road
 
84
 
1
 
1
 
0
 
5
 
09/01/21
 
No
     
4,000,000
 
61.3%
 
L(47),Grtr1%orYM(33),O(4)
46
 
KeyBank
 
Harrodsburg Marketplace
 
0
 
1
 
1
 
0
 
5
 
09/01/24
 
No
     
3,037,128
 
60.7%
 
L(25),Def(92),O(3)
47
 
KeyBank
 
Village Park Apartments
 
0
 
2
 
1
 
0
 
5
 
08/01/24
 
No
     
2,946,166
 
58.5%
 
L(26),Def(91),O(3)
48
 
KeyBank
 
Anchor Industrial Park
 
0
 
2
 
1
 
0
 
0
 
08/01/24
 
No
     
2,935,671
 
61.2%
 
L(26),Def(91),O(3)
49
 
JPMCB
 
Hampton Inn Massillon
 
0
 
0
 
1
 
0
 
0
 
11/01/19
 
No
     
3,111,702
 
44.5%
 
L(25),Grtr1%orYM(33),O(3)
50
 
RAIT
 
Woodland Estates
 
0
 
0
 
1
 
5
 
5
 
10/01/24
 
No
     
2,457,787
 
43.9%
 
L(24),Def(92),O(4)
51
 
JPMCB
 
Rite Aid
 
0
 
2
 
1
 
0
 
0
 
08/01/24
 
No
     
16,103
 
0.3%
 
L(26),Def(93),O(1)
52
 
KeyBank
 
Trotwood Self Storage
 
0
 
1
 
1
 
0
 
0
 
09/01/24
 
No
     
2,234,330
 
60.4%
 
L(25),Def(92),O(3)
53
 
Barclays
 
East Dublin Center
 
0
 
1
 
6
 
0
 
0
 
09/06/24
 
No
     
1,883,045
 
64.9%
 
L(25),Def(92),O(3)
54
 
KeyBank
 
Storage Pros - Old Hickory
 
0
 
1
 
1
 
0
 
5
 
09/01/19
 
No
     
1,911,570
 
61.5%
 
L(25),Def(32),O(3)
 
 
A-1-4

 
 
ANNEX A-1
 
           
HISTORICAL FINANCIALS(13)
               
2011
         
2012
         
2013
                   
           
2011
  Total  
2011
 
2012
  Total  
2012
 
2013
  Total  
2013
 
Most Recent
 
Most Recent
 
Most Recent
   
Loan #
 
Seller(1)
 
Property Name
 
Revenues ($)
 
Expenses ($)
 
NOI ($)
 
Revenues ($)
 
Expenses ($)
 
NOI ($)
 
Revenues ($)
 
Expenses ($)
 
NOI ($)
 
 Revenues ($)
 
 Total Expenses ($)
 
 NOI ($)
 
As of
1
 
JPMCB / Column
 
Grapevine Mills
 
47,586,833
 
13,988,745
 
33,598,088
 
48,368,499
 
13,689,254
 
34,679,245
 
49,651,342
 
13,709,825
 
35,941,517
 
50,646,806
 
14,131,965
 
36,514,841
 
06/30/14
2
 
JPMCB
 
The Mall of Victor Valley
 
14,555,274
 
4,305,042
 
10,250,231
 
13,875,309
 
4,306,246
 
9,569,064
 
14,611,099
 
4,548,802
 
10,062,297
 
15,504,281
 
4,567,492
 
10,936,789
 
06/30/14
3
 
Barclays
 
Columbus Square Portfolio
             
23,636,329
 
3,215,058
 
20,421,271
 
21,821,850
 
2,488,024
 
19,333,826
               
4
 
JPMCB
 
635 Madison Avenue
             
12,879,377
 
8,505,404
 
4,373,973
 
13,814,676
 
8,708,541
 
5,106,135
 
15,912,606
 
8,862,369
 
7,050,237
 
06/30/14
5
 
KeyBank
 
Hutch Tower Two
                                                   
6
 
JPMCB
 
17 State Street
 
28,781,838
 
13,499,936
 
15,281,901
 
27,838,166
 
13,871,717
 
13,966,450
 
27,799,566
 
14,752,050
 
13,047,516
 
28,779,889
 
14,749,671
 
14,030,219
 
05/31/14
7
 
Barclays
 
North Riverside Park Mall
 
18,207,140
 
10,898,963
 
7,308,177
 
18,383,922
 
11,168,711
 
7,215,211
 
18,266,689
 
11,092,706
 
7,173,983
 
18,517,534
 
10,867,841
 
7,649,693
 
06/30/14
8
 
JPMCB
 
NoBu Station
                                     
5,477,697
 
2,241,397
 
3,236,300
 
06/30/14
9
 
Barclays
 
Meridian Corporate Center I
 
4,448,772
 
2,485,850
 
1,962,922
 
5,074,899
 
2,667,277
 
2,407,622
 
5,809,151
 
2,644,338
 
3,164,813
 
5,983,963
 
2,746,783
 
3,237,180
 
06/30/14
10
 
JPMCB
 
Hilton Houston Post Oak
 
26,830,531
 
19,678,782
 
7,151,749
 
28,677,964
 
20,621,308
 
8,056,656
 
30,824,528
 
21,351,559
 
9,472,969
 
31,384,482
 
21,686,879
 
9,697,603
 
08/31/14
11
 
Barclays / RAIT
 
Oakland Square and Oakland Plaza
 
5,565,626
 
2,241,654
 
3,323,972
 
5,728,420
 
2,121,221
 
3,607,199
 
5,557,027
 
2,146,849
 
3,410,178
 
5,759,771
 
2,140,180
 
3,619,591
 
07/31/14
11.01
 
Barclays / RAIT
 
Oakland Plaza
 
3,163,001
 
1,181,862
 
1,981,139
 
3,048,912
 
1,112,864
 
1,936,048
 
2,912,945
 
1,181,346
 
1,731,599
 
2,982,265
 
1,201,926
 
1,780,339
 
07/31/14
11.02
 
Barclays / RAIT
 
Oakland Square
 
2,402,625
 
1,059,792
 
1,342,833
 
2,679,508
 
1,008,357
 
1,671,151
 
2,644,082
 
965,503
 
1,678,579
 
2,777,506
 
938,254
 
1,839,252
 
07/31/14
12
 
JPMCB
 
Arden Park
                                     
3,822,548
 
1,830,204
 
1,992,344
 
07/31/14
13
 
GECC
 
Canyon Ranch Portfolio
 
88,074,065
 
67,637,298
 
20,436,767
 
89,132,188
 
69,066,993
 
20,065,195
 
95,272,918
 
72,253,945
 
23,018,973
 
98,371,191
 
73,959,283
 
24,411,908
 
06/30/14
13.01
 
GECC
 
Canyon Ranch - Tucson
 
47,609,645
 
36,470,911
 
11,138,734
 
48,568,084
 
36,736,855
 
11,831,229
 
52,227,659
 
38,757,207
 
13,470,452
 
55,278,048
 
40,310,848
 
14,967,200
 
06/30/14
13.02
 
GECC
 
Canyon Ranch - Lenox
 
40,464,420
 
31,166,387
 
9,298,033
 
40,564,104
 
32,330,138
 
8,233,966
 
43,045,259
 
33,496,738
 
9,548,521
 
43,093,142
 
33,648,435
 
9,444,707
 
06/30/14
14
 
JPMCB
 
Embassy Suites Kennesaw
 
5,779,496
 
3,800,982
 
1,978,514
 
6,539,775
 
3,826,530
 
2,713,245
 
7,125,712
 
4,190,386
 
2,935,326
 
7,565,842
 
4,433,070
 
3,132,772
 
08/31/14
15
 
KeyBank
 
Motorola Solutions - Building I & III
                                                   
16
 
Barclays
 
Kenwood City Retail
                         
1,866,900
 
318,128
 
1,548,772
               
16.01
 
Barclays
 
Kenwood City Pavilion
             
1,779,863
 
277,583
 
1,502,280
 
1,794,210
 
312,179
 
1,482,031
               
16.02
 
Barclays
 
Kenwood City Place
                         
72,690
 
5,949
 
66,741
 
182,059
 
75,320
 
106,739
 
04/30/14
17
 
JPMCB
 
Holiday Inn French Quarter-Chateau Lemoyne
 
6,766,799
 
5,141,476
 
1,625,323
 
8,197,044
 
5,559,204
 
2,637,840
 
8,892,661
 
5,654,836
 
3,237,825
 
9,552,128
 
5,954,786
 
3,597,342
 
07/31/14
18
 
Barclays
 
Watermark Hurstbourne Apartments
                                     
1,243,723
 
693,911
 
549,812
 
04/30/14
19
 
Barclays
 
Meridian Corporate Center II
 
2,494,970
 
1,729,347
 
765,623
 
2,969,947
 
1,754,456
 
1,215,491
 
3,147,729
 
1,852,527
 
1,295,202
 
3,331,831
 
1,869,527
 
1,462,304
 
06/30/14
20
 
RAIT
 
2100 Wharton Street
                         
2,618,545
 
1,429,185
 
1,189,360
 
2,603,575
 
1,563,975
 
1,039,600
 
06/30/14
21
 
RAIT
 
Peerless Lofts
 
2,320,373
 
842,379
 
1,477,994
 
2,424,468
 
841,416
 
1,583,052
 
2,522,258
 
896,397
 
1,625,861
 
2,521,978
 
915,959
 
1,606,019
 
03/31/14
22
 
Barclays
 
Glenbrook Commons
             
1,451,652
 
603,892
 
847,760
 
1,370,821
 
534,368
 
836,453
 
1,905,961
 
516,348
 
1,389,613
 
07/31/14
23
 
Barclays
 
1690 New Britain Avenue
 
1,717,435
 
1,092,061
 
625,373
 
2,826,977
 
1,294,077
 
1,532,900
 
2,971,961
 
1,346,808
 
1,625,153
 
2,919,969
 
1,370,788
 
1,549,181
 
08/31/14
24
 
KeyBank
 
Water’s Edge
             
2,109,046
 
948,792
 
1,160,254
 
2,242,855
 
978,647
 
1,264,208
 
2,320,575
 
1,009,694
 
1,310,881
 
07/31/14
25
 
JPMCB
 
Westin Columbus
 
9,613,621
 
8,397,875
 
1,215,746
 
9,625,245
 
8,486,761
 
1,138,484
 
9,775,384
 
8,556,781
 
1,218,603
 
10,278,736
 
8,862,660
 
1,416,076
 
07/31/14
26
 
Barclays
 
Meriden Executive Park
 
2,184,850
 
1,183,460
 
1,001,389
 
2,506,275
 
1,243,123
 
1,263,152
 
2,625,880
 
1,189,076
 
1,436,804
 
2,685,810
 
1,213,187
 
1,472,623
 
06/30/14
27
 
Barclays
 
East Roosevelt Boulevard Office Portfolio
 
1,662,413
 
929,849
 
732,564
 
1,532,763
 
910,589
 
622,174
 
1,450,817
 
899,781
 
551,036
 
1,432,687
 
882,372
 
550,315
 
06/30/14
28
 
Barclays
 
Churchill Square Shopping Center
 
1,596,778
 
447,256
 
1,149,522
 
1,538,188
 
666,700
 
871,487
 
1,144,216
 
534,865
 
609,351
 
1,345,982
 
497,948
 
848,034
 
07/31/14
29
 
KeyBank
 
Skyview Plaza Shopping Center
 
966,876
 
170,842
 
796,034
 
966,488
 
176,136
 
790,352
 
958,963
 
200,099
 
758,864
 
1,017,023
 
209,632
 
807,391
 
07/31/14
30
 
KeyBank
 
MHPI Indiana Portfolio
             
1,414,336
 
671,591
 
742,745
 
1,480,221
 
674,929
 
805,292
 
1,491,936
 
676,132
 
815,804
 
07/31/14
30.01
 
KeyBank
 
Apple Valley Estates
             
955,234
 
367,836
 
587,398
 
993,972
 
338,606
 
655,366
 
1,013,848
 
333,692
 
680,156
 
07/31/14
30.02
 
KeyBank
 
Regency Pointe Estates Community
             
246,344
 
162,567
 
83,777
 
266,695
 
186,318
 
80,377
 
257,190
 
181,643
 
75,547
 
07/31/14
30.03
 
KeyBank
 
Merrywood
             
212,758
 
141,188
 
71,570
 
219,554
 
150,005
 
69,549
 
220,898
 
160,797
 
60,101
 
07/31/14
31
 
KeyBank
 
Wauwatosa Industrial
             
1,107,650
 
301,981
 
805,669
 
1,119,157
 
298,387
 
820,770
 
1,141,150
 
302,090
 
839,061
 
06/30/14
32
 
RAIT
 
Tractor Supply/Fresenius Medical
                                                   
32.01
 
RAIT
 
Fresenius Medical Care
                                                   
32.02
 
RAIT
 
Tractor Supply- Buckeye
                     
 
                           
32.03
 
RAIT
 
Tractor Supply- Laurel
         
 
                                       
33
 
RAIT
 
Bennington Square Apartments
                         
1,844,920
 
890,984
 
953,936
 
1,924,954
 
874,627
 
1,050,327
 
03/31/14
34
 
RAIT
 
Racine Center
 
1,374,991
 
498,990
 
876,001
 
1,475,931
 
566,426
 
909,505
 
1,471,082
 
555,714
 
915,368
               
35
 
RAIT
 
Northridge Business Center
             
1,055,598
 
405,514
 
650,084
 
962,720
 
349,362
 
613,358
 
1,045,027
 
387,070
 
657,957
 
05/31/14
36
 
KeyBank
 
Hyatt Place - Nashville
 
2,221,746
 
1,696,027
 
525,719
 
2,476,886
 
1,928,774
 
548,112
 
2,793,058
 
2,087,392
 
705,666
 
3,055,381
 
2,284,730
 
770,651
 
05/31/14
37
 
KeyBank
 
The Carrier Building
             
778,425
 
133,677
 
644,749
 
786,514
 
112,544
 
673,969
 
794,197
 
108,145
 
686,052
 
05/31/14
38
 
KeyBank
 
Wichita Square
 
803,799
 
238,955
 
564,844
 
804,844
 
235,154
 
569,690
 
856,858
 
252,276
 
604,583
 
878,104
 
266,728
 
611,376
 
06/30/14
39
 
JPMCB
 
Academy Sports - Garland, TX
                                                   
40
 
Barclays
 
Storage Max Self Storage
 
1,067,406
 
480,708
 
586,698
 
1,098,376
 
482,704
 
615,672
 
1,235,411
 
527,754
 
707,657
 
1,302,799
 
555,360
 
747,439
 
07/31/14
41
 
KeyBank
 
Westwood Square
             
758,000
 
145,837
 
612,163
 
746,617
 
199,416
 
547,201
 
765,944
 
191,031
 
574,913
 
06/30/14
42
 
RAIT
 
Dollar General Portfolio
                                                   
42.01
 
RAIT
 
Dollar General - Chillicothe
                                                   
42.02
 
RAIT
 
Dollar General - Columbus 2
                                                   
42.03
 
RAIT
 
Dollar General - Columbus 1
                                                   
42.04
 
RAIT
 
Dollar General - Kansas City
                                                   
43
 
KeyBank
 
Marysville Farms
 
671,230
 
186,387
 
484,843
 
671,894
 
198,465
 
473,428
 
705,649
 
202,850
 
502,799
 
744,890
 
194,483
 
550,407
 
05/31/14
44
 
KeyBank
 
StaxUp Self Storage
             
609,352
 
206,209
 
403,144
 
613,101
 
236,516
 
376,585
 
610,491
 
236,773
 
373,718
 
06/30/14
45
 
RAIT
 
740 Kifer Road
                         
69,035
 
84,771
 
-15,736
 
261,564
 
86,513
 
175,051
 
07/31/14
46
 
KeyBank
 
Harrodsburg Marketplace
             
517,142
 
118,696
 
398,446
 
487,746
 
146,616
 
341,130
 
541,821
 
154,599
 
387,222
 
05/31/14
47
 
KeyBank
 
Village Park Apartments
 
799,993
 
510,273
 
289,720
 
833,293
 
478,649
 
354,644
 
856,819
 
533,758
 
323,061
 
888,544
 
541,500
 
347,045
 
05/31/14
48
 
KeyBank
 
Anchor Industrial Park
 
530,684
 
202,590
 
328,094
 
600,445
 
217,272
 
383,174
 
664,724
 
212,745
 
451,979
 
698,655
 
233,557
 
465,098
 
05/31/14
49
 
JPMCB
 
Hampton Inn Massillon
 
1,594,376
 
1,155,819
 
438,557
 
1,788,020
 
1,265,936
 
522,084
 
1,888,282
 
1,286,150
 
602,132
 
1,922,338
 
1,324,203
 
598,135
 
05/31/14
50
 
RAIT
 
Woodland Estates
                         
808,447
 
411,843
 
396,604
 
876,217
 
370,883
 
505,334
 
04/30/14
51
 
JPMCB
 
Rite Aid
 
458,835
     
458,835
 
458,835
     
458,835
 
458,835
     
458,835
               
52
 
KeyBank
 
Trotwood Self Storage
             
554,106
 
263,749
 
290,357
 
540,711
 
248,229
 
292,481
 
539,837
 
223,532
 
316,305
 
06/30/14
53
 
Barclays
 
East Dublin Center
 
237,267
 
187,842
 
49,425
 
305,520
 
164,756
 
140,764
 
385,465
 
144,685
 
240,780
 
478,343
 
148,171
 
330,172
 
06/30/14
54
 
KeyBank
 
Storage Pros - Old Hickory
             
368,792
 
130,843
 
237,949
 
400,854
 
244,871
 
155,983
 
399,559
 
237,874
 
161,685
 
06/30/14
 
 
A-1-5

 

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(15)
 
DSCR(15)
 
Debt Yield %
 
 Debt Yield %
 
Title Type(16)
 
 Expiration
 
 Extension Terms
 
PML %
1
 
JPMCB / Column
 
Grapevine Mills
 
92.3%
 
50,889,938
 
14,261,393
 
36,628,545
 
1,831,847
 
34,796,698
 
3.52
 
3.34
 
13.7%
 
13.0%
 
Fee
           
2
 
JPMCB
 
The Mall of Victor Valley
 
94.8%
 
16,108,730
 
4,853,504
 
11,255,226
 
530,704
 
10,724,522
 
2.43
 
2.32
 
9.8%
 
9.3%
 
Fee
         
13%
3
 
Barclays
 
Columbus Square Portfolio
 
90.8%
 
29,269,650
 
2,376,810
 
26,892,839
 
499,422
 
26,393,417
 
1.17
 
1.15
 
6.7%
 
6.6%
 
Fee
           
4
 
JPMCB
 
635 Madison Avenue
 
95.1%
 
17,977,859
 
9,755,486
 
8,222,372
 
381,113
 
7,841,259
 
1.51
 
1.44
 
9.1%
 
8.7%
 
Leasehold
 
04/30/30
 
One twenty-one-year option
   
5
 
KeyBank
 
Hutch Tower Two
 
97.0%
 
9,715,642
 
2,113,687
 
7,601,955
 
69,533
 
7,532,421
 
1.54
 
1.53
 
9.4%
 
9.4%
 
Fee
           
6
 
JPMCB
 
17 State Street
 
91.1%
 
29,372,273
 
14,176,879
 
15,195,394
 
661,048
 
14,534,346
 
1.87
 
1.79
 
8.4%
 
8.1%
 
Fee
           
7
 
Barclays
 
North Riverside Park Mall
 
91.9%
 
18,665,676
 
11,255,210
 
7,410,466
 
382,640
 
7,027,826
 
1.55
 
1.47
 
9.9%
 
9.4%
 
Fee
           
8
 
JPMCB
 
NoBu Station
 
94.3%
 
5,877,258
 
2,690,208
 
3,187,050
 
94,800
 
3,092,250
 
1.27
 
1.23
 
7.6%
 
7.4%
 
Fee
           
9
 
Barclays
 
Meridian Corporate Center I
 
93.3%
 
6,960,429
 
2,763,015
 
4,197,414
 
578,525
 
3,618,889
 
2.92
 
2.52
 
11.6%
 
10.0%
 
Fee
           
10
 
JPMCB
 
Hilton Houston Post Oak
 
80.0%
 
31,384,479
 
21,824,811
 
9,559,668
 
0
 
9,559,668
 
1.97
 
1.97
 
11.9%
 
11.9%
 
Leasehold
 
05/31/68
 
None
   
11
 
Barclays / RAIT
 
Oakland Square and Oakland Plaza
 
91.6%
 
5,922,595
 
2,166,942
 
3,755,654
 
360,897
 
3,394,756
 
1.67
 
1.51
 
10.7%
 
9.7%
 
Fee
           
11.01
 
Barclays / RAIT
 
Oakland Plaza
 
89.7%
 
3,357,475
 
1,230,071
 
2,127,404
 
157,807
 
1,969,597
                 
Fee
           
11.02
 
Barclays / RAIT
 
Oakland Square
 
94.2%
 
2,565,120
 
936,871
 
1,628,249
 
203,090
 
1,425,159
                 
Fee
           
12
 
JPMCB
 
Arden Park
 
95.0%
 
4,481,825
 
2,020,304
 
2,461,521
 
60,200
 
2,401,321
 
1.27
 
1.24
 
7.6%
 
7.4%
 
Fee
           
13
 
GECC
 
Canyon Ranch Portfolio
 
58.4%
 
98,371,191
 
77,985,859
 
20,385,332
 
0
 
20,385,332
 
2.34
 
2.34
 
13.6%
 
13.6%
 
Fee
           
13.01
 
GECC
 
Canyon Ranch - Tucson
 
58.0%
 
55,278,048
 
42,502,113
 
12,775,935
 
0
 
12,775,935
                 
Fee
           
13.02
 
GECC
 
Canyon Ranch - Lenox
 
58.9%
 
43,093,142
 
35,483,746
 
7,609,396
 
0
 
7,609,396
                 
Fee
           
14
 
JPMCB
 
Embassy Suites Kennesaw
 
78.3%
 
7,565,842
 
4,433,871
 
3,131,971
 
0
 
3,131,971
 
1.60
 
1.60
 
10.6%
 
10.6%
 
Fee
           
15
 
KeyBank
 
Motorola Solutions - Building I & III
 
95.0%
 
5,110,267
 
2,538,936
 
2,571,331
 
403,244
 
2,168,087
 
1.44
 
1.21
 
9.2%
 
7.7%
 
Fee
           
16
 
Barclays
 
Kenwood City Retail
 
92.5%
 
3,177,192
 
917,751
 
2,259,441
 
123,518
 
2,135,922
 
1.54
 
1.45
 
9.3%
 
8.8%
 
Fee
           
16.01
 
Barclays
 
Kenwood City Pavilion
 
89.5%
 
1,728,654
 
506,049
 
1,222,605
 
61,282
 
1,161,323
                 
Fee
           
16.02
 
Barclays
 
Kenwood City Place
 
96.3%
 
1,448,538
 
411,702
 
1,036,836
 
62,236
 
974,600
                 
Fee
           
17
 
JPMCB
 
Holiday Inn French Quarter-Chateau Lemoyne
 
75.6%
 
9,552,128
 
6,328,827
 
3,223,301
 
0
 
3,223,301
 
2.06
 
2.06
 
13.7%
 
13.7%
 
Leasehold
 
11/14/44
 
None
   
18
 
Barclays
 
Watermark Hurstbourne Apartments
 
94.2%
 
3,799,375
 
1,521,642
 
2,277,732
 
68,310
 
2,209,422
 
1.68
 
1.63
 
10.2%
 
9.9%
 
Fee
           
19
 
Barclays
 
Meridian Corporate Center II
 
86.8%
 
4,444,549
 
1,907,855
 
2,536,694
 
564,480
 
1,972,214
 
3.18
 
2.47
 
12.6%
 
9.8%
 
Fee
           
20
 
RAIT
 
2100 Wharton Street
 
82.3%
 
3,434,056
 
1,632,376
 
1,801,680
 
270,637
 
1,531,043
 
1.54
 
1.31
 
9.5%
 
8.1%
 
Fee
           
21
 
RAIT
 
Peerless Lofts
 
95.4%
 
2,620,448
 
1,109,920
 
1,510,528
 
30,911
 
1,479,617
 
1.35
 
1.32
 
8.2%
 
8.0%
 
Fee
           
22
 
Barclays
 
Glenbrook Commons
 
91.6%
 
2,225,875
 
541,766
 
1,684,109
 
173,209
 
1,510,900
 
1.62
 
1.45
 
9.8%
 
8.8%
 
Fee
           
23
 
Barclays
 
1690 New Britain Avenue
 
94.0%
 
2,837,292
 
1,263,103
 
1,574,189
 
124,729
 
1,449,460
 
1.59
 
1.46
 
9.6%
 
8.8%
 
Fee
           
24
 
KeyBank
 
Water’s Edge
 
90.0%
 
2,321,626
 
1,047,144
 
1,274,482
 
55,200
 
1,219,282
 
1.52
 
1.45
 
9.4%
 
9.0%
 
Fee
           
25
 
JPMCB
 
Westin Columbus
 
70.6%
 
10,278,736
 
8,910,416
 
1,368,320
 
0
 
1,368,320
 
1.63
 
1.63
 
10.5%
 
10.5%
 
Fee/Leasehold
 
06/30/23
 
One thirty-year option
   
26
 
Barclays
 
Meriden Executive Park
 
92.0%
 
2,840,832
 
1,337,065
 
1,503,767
 
216,759
 
1,287,008
 
2.11
 
1.80
 
12.6%
 
10.8%
 
Fee
           
27
 
Barclays
 
East Roosevelt Boulevard Office Portfolio
 
90.6%
 
1,836,572
 
867,615
 
968,957
 
127,328
 
841,629
 
1.59
 
1.38
 
9.7%
 
8.4%
 
Fee
           
28
 
Barclays
 
Churchill Square Shopping Center
 
82.6%
 
1,339,438
 
485,864
 
853,574
 
81,284
 
772,290
 
1.57
 
1.42
 
9.5%
 
8.6%
 
Fee
           
29
 
KeyBank
 
Skyview Plaza Shopping Center
 
89.8%
 
1,008,137
 
214,861
 
793,277
 
63,566
 
729,711
 
1.43
 
1.32
 
8.9%
 
8.2%
 
Fee
           
30
 
KeyBank
 
MHPI Indiana Portfolio
 
85.1%
 
1,488,306
 
680,619
 
807,687
 
29,055
 
778,632
 
1.60
 
1.54
 
9.9%
 
9.6%
 
Fee
           
30.01
 
KeyBank
 
Apple Valley Estates
 
95.0%
 
1,010,218
 
334,465
 
675,753
 
15,470
 
660,283
                 
Fee
           
30.02
 
KeyBank
 
Regency Pointe Estates Community
 
60.0%
 
257,190
 
184,720
 
72,470
 
8,515
 
63,955
                 
Fee
           
30.03
 
KeyBank
 
Merrywood
 
86.1%
 
220,898
 
161,434
 
59,464
 
5,070
 
54,394
                 
Fee
           
31
 
KeyBank
 
Wauwatosa Industrial
 
93.1%
 
1,074,560
 
309,277
 
765,283
 
69,926
 
695,357
 
1.54
 
1.40
 
9.4%
 
8.6%
 
Fee
           
32
 
RAIT
 
Tractor Supply/Fresenius Medical
 
95.0%
 
790,724
 
17,614
 
773,109
 
50,629
 
722,480
 
1.59
 
1.49
 
9.8%
 
9.2%
 
Fee
           
32.01
 
RAIT
 
Fresenius Medical Care
                                         
Fee
           
32.02
 
RAIT
 
Tractor Supply- Buckeye
                                         
Fee
           
32.03
 
RAIT
 
Tractor Supply- Laurel
                                         
Fee
           
33
 
RAIT
 
Bennington Square Apartments
 
91.0%
 
1,965,666
 
1,137,069
 
828,597
 
78,250
 
750,347
 
1.86
 
1.68
 
11.4%
 
10.3%
 
Fee
           
34
 
RAIT
 
Racine Center
 
84.3%
 
1,329,104
 
517,715
 
811,389
 
129,036
 
682,353
 
1.81
 
1.52
 
11.5%
 
9.6%
 
Fee
           
35
 
RAIT
 
Northridge Business Center
 
82.1%
 
1,251,700
 
396,726
 
854,974
 
213,860
 
641,114
 
2.00
 
1.50
 
12.4%
 
9.3%
 
Fee
           
36
 
KeyBank
 
Hyatt Place - Nashville
 
82.1%
 
2,970,436
 
2,209,985
 
760,451
 
0
 
760,451
 
1.67
 
1.67
 
11.0%
 
11.0%
 
Fee
           
37
 
KeyBank
 
The Carrier Building
 
95.0%
 
738,815
 
139,055
 
599,760
 
64,105
 
535,655
 
1.54
 
1.38
 
9.4%
 
8.4%
 
Fee
           
38
 
KeyBank
 
Wichita Square
 
94.0%
 
850,046
 
277,350
 
572,695
 
64,874
 
507,821
 
1.48
 
1.31
 
9.2%
 
8.2%
 
Fee
           
39
 
JPMCB
 
Academy Sports - Garland, TX
 
95.0%
 
1,177,051
 
444,676
 
732,375
 
10,775
 
721,600
 
2.01
 
1.98
 
12.1%
 
11.9%
 
Fee
           
40
 
Barclays
 
Storage Max Self Storage
 
91.0%
 
1,291,334
 
567,135
 
724,199
 
15,870
 
708,329
 
1.96
 
1.92
 
12.1%
 
11.8%
 
Leasehold
 
12/31/45
 
Three five-year options
   
41
 
KeyBank
 
Westwood Square
 
94.0%
 
814,777
 
231,758
 
583,019
 
105,245
 
477,774
 
1.76
 
1.44
 
10.7%
 
8.8%
 
Fee
           
42
 
RAIT
 
Dollar General Portfolio
 
100.0%
 
645,021
 
191,179
 
453,842
 
0
 
453,842
 
1.31
 
1.31
 
8.4%
 
8.4%
 
Fee
           
42.01
 
RAIT
 
Dollar General - Chillicothe
                                         
Fee
           
42.02
 
RAIT
 
Dollar General - Columbus 2
                                         
Fee
           
42.03
 
RAIT
 
Dollar General - Columbus 1
                                         
Fee
           
42.04
 
RAIT
 
Dollar General - Kansas City
                                         
Fee
           
43
 
KeyBank
 
Marysville Farms
 
95.0%
 
740,718
 
228,833
 
511,885
 
8,000
 
503,886
 
1.51
 
1.49
 
10.4%
 
10.3%
 
Fee
           
44
 
KeyBank
 
StaxUp Self Storage
 
76.7%
 
610,490
 
255,029
 
356,461
 
11,166
 
344,295
 
1.37
 
1.32
 
8.5%
 
8.2%
 
Fee
         
13%
45
 
RAIT
 
740 Kifer Road
 
92.1%
 
515,100
 
131,744
 
383,356
 
25,156
 
358,201
 
2.12
 
1.98
 
9.6%
 
9.0%
 
Fee
         
18%
46
 
KeyBank
 
Harrodsburg Marketplace
 
92.0%
 
535,302
 
158,804
 
376,498
 
58,156
 
318,342
 
1.64
 
1.39
 
10.1%
 
8.5%
 
Fee
           
47
 
KeyBank
 
Village Park Apartments
 
89.6%
 
931,979
 
542,271
 
389,708
 
39,600
 
350,108
 
1.74
 
1.57
 
10.8%
 
9.7%
 
Fee
           
48
 
KeyBank
 
Anchor Industrial Park
 
90.0%
 
592,285
 
231,356
 
360,929
 
53,181
 
307,748
 
1.60
 
1.37
 
10.0%
 
8.6%
 
Fee
           
49
 
JPMCB
 
Hampton Inn Massillon
 
70.5%
 
1,922,338
 
1,458,210
 
464,128
 
0
 
464,128
 
1.87
 
1.87
 
13.3%
 
13.3%
 
Leasehold
 
09/15/57
 
Two twenty-year options
   
50
 
RAIT
 
Woodland Estates
 
66.9%
 
973,980
 
441,690
 
532,290
 
16,900
 
515,390
 
2.79
 
2.70
 
17.7%
 
17.2%
 
Fee
           
51
 
JPMCB
 
Rite Aid
 
98.0%
 
449,658
 
4,497
 
445,161
 
2,750
 
442,411
 
1.17
 
1.17
 
15.0%
 
14.9%
 
Fee
           
52
 
KeyBank
 
Trotwood Self Storage
 
89.3%
 
539,837
 
281,120
 
258,716
 
11,057
 
247,660
 
1.56
 
1.49
 
9.3%
 
8.9%
 
Fee
           
53
 
Barclays
 
East Dublin Center
 
95.0%
 
514,781
 
189,369
 
325,412
 
45,042
 
280,370
 
2.24
 
1.93
 
14.1%
 
12.2%
 
Fee
           
54
 
KeyBank
 
Storage Pros - Old Hickory
 
78.7%
 
399,559
 
224,061
 
175,498
 
6,086
 
169,412
 
1.38
 
1.33
 
8.4%
 
8.1%
 
Fee
           
 
 
A-1-6

 

ANNEX A-1

           
UPFRONT ESCROW(17)
 
MONTHLY ESCROW(18)
            Upfront   Upfront   Upfront       Upfront        Upfront                            
           
Capex
 
Engin.
 
Envir.
 
Upfront TI/LC
 
RE Tax
 
Upfront Ins.
 
Debt Service
 
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 ($)
 
Reserve ($)
1
 
JPMCB / Column
 
Grapevine Mills
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
Springing
 
0
 
Springing
 
Springing
 
Springing
 
111,667
2
 
JPMCB
 
The Mall of Victor Valley
 
0
 
0
 
0
 
576,610
 
0
 
0
 
0
 
0
 
Springing
 
0
 
Springing
 
Springing
 
Springing
 
0
3
 
Barclays
 
Columbus Square Portfolio
 
6,177
 
0
 
0
 
0
 
249,368
 
0
 
0
 
0
 
6,177
 
0
 
Springing
 
77,575
 
Springing
 
0
4
 
JPMCB
 
635 Madison Avenue
 
2,954
 
0
 
0
 
33,237
 
1,180,693
 
0
 
0
 
2,788,063
 
2,954
 
0
 
33,237
 
295,173
 
Springing
 
306,465
5
 
KeyBank
 
Hutch Tower Two
 
0
 
0
 
0
 
0
 
35,379
 
0
 
0
 
8,158,568
 
0
 
0
 
0
 
8,845
 
171
 
0
6
 
JPMCB
 
17 State Street
 
0
 
0
 
0
 
0
 
1,040,885
 
0
 
0
 
4,011,639
 
8,395
 
0
 
46,640
 
520,500
 
69,400
 
0
7
 
Barclays
 
North Riverside Park Mall
 
900,000
 
715,848
 
0
 
1,067,106
 
0
 
0
 
0
 
1,858,699
 
17,973
 
0
 
44,931
 
413,295
 
Springing
 
0
8
 
JPMCB
 
NoBu Station
 
7,900
 
0
 
0
 
0
 
864,108
 
71,868
 
0
 
0
 
7,900
 
0
 
0
 
96,012
 
8,984
 
0
9
 
Barclays
 
Meridian Corporate Center I
 
325,000
 
0
 
0
 
1,375,000
 
477,671
 
0
 
0
 
754,662
 
Springing
 
0
 
Springing
 
54,817
 
Springing
 
0
10
 
JPMCB
 
Hilton Houston Post Oak
 
97,236
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
4% of Gross Revenues
 
0
 
0
 
Springing
 
Springing
 
Springing
11
 
Barclays / RAIT
 
Oakland Square and Oakland Plaza
 
0
 
286,250
 
0
 
0
 
164,640
 
43,026
 
0
 
932,144
 
5,659
 
0
 
24,416
 
54,880
 
3,663
 
0
11.01
 
Barclays / RAIT
 
Oakland Plaza
                                                       
11.02
 
Barclays / RAIT
 
Oakland Square
                                                       
12
 
JPMCB
 
Arden Park
 
5,017
 
0
 
0
 
0
 
632,984
 
0
 
0
 
0
 
5,017
 
0
 
0
 
79,123
 
5,865
 
0
13
 
GECC
 
Canyon Ranch Portfolio
 
0
 
0
 
0
 
0
 
559,583
 
305,000
 
0
 
0
 
4% of Gross Revenues
 
0
 
0
 
102,500
 
42,917
 
0
13.01
 
GECC
 
Canyon Ranch - Tucson
                                                       
13.02
 
GECC
 
Canyon Ranch - Lenox
                                                       
14
 
JPMCB
 
Embassy Suites Kennesaw
 
25,005
 
0
 
0
 
0
 
48,507
 
0
 
0
 
0
 
4% of Gross Revenues
 
0
 
0
 
24,254
 
Springing
 
0
15
 
KeyBank
 
Motorola Solutions - Building I & III
 
9,960
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
9,960
 
0
 
Springing
 
Springing
 
Springing
 
0
16
 
Barclays
 
Kenwood City Retail
 
0
 
20,486
 
0
 
0
 
153,939
 
0
 
0
 
763,537
 
1,053
 
0
 
8,667
 
51,313
 
Springing
 
0
16.01
 
Barclays
 
Kenwood City Pavilion
                                                       
16.02
 
Barclays
 
Kenwood City Place
                                                       
17
 
JPMCB
 
Holiday Inn French Quarter-Chateau Lemoyne
 
7,775,590
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
Springing
 
0
 
0
 
Springing
 
Springing
 
Springing
18
 
Barclays
 
Watermark Hurstbourne Apartments
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
Springing
 
0
 
0
 
Springing
 
Springing
 
0
19
 
Barclays
 
Meridian Corporate Center II
 
300,000
 
0
 
0
 
625,000
 
364,744
 
0
 
0
 
618,213
 
Springing
 
0
 
Springing
 
41,858
 
Springing
 
0
20
 
RAIT
 
2100 Wharton Street
 
0
 
0
 
0
 
1,049,464
 
115,294
 
15,312
 
0
 
365,993
 
3,759
 
0
 
Springing
 
14,412
 
3,828
 
0
21
 
RAIT
 
Peerless Lofts
 
0
 
0
 
0
 
0
 
6,326
 
54,053
 
0
 
0
 
1,950
 
0
 
626
 
2,109
 
6,757
 
0
22
 
Barclays
 
Glenbrook Commons
 
200,000
 
0
 
0
 
0
 
61,383
 
0
 
0
 
0
 
0
 
0
 
10,588
 
15,346
 
Springing
 
0
23
 
Barclays
 
1690 New Britain Avenue
 
300,000
 
0
 
50,000
 
900,000
 
54,330
 
0
 
0
 
0
 
Springing
 
0
 
Springing
 
18,110
 
Springing
 
0
24
 
KeyBank
 
Water’s Edge
 
165,600
 
0
 
0
 
0
 
172,344
 
16,026
 
0
 
0
 
4,600
 
0
 
0
 
14,362
 
8,013
 
0
25
 
JPMCB
 
Westin Columbus
 
34,262
 
0
 
0
 
0
 
147,807
 
0
 
0
 
3,102,700
 
4% of Gross Revenues
 
0
 
0
 
29,562
 
Springing
 
Springing
26
 
Barclays
 
Meriden Executive Park
 
100,000
 
0
 
0
 
1,000,000
 
87,568
 
0
 
0
 
0
 
Springing
 
0
 
Springing
 
29,189
 
Springing
 
0
27
 
Barclays
 
East Roosevelt Boulevard Office Portfolio
 
0
 
0
 
0
 
962,465
 
50,882
 
0
 
0
 
59,866
 
1,444
 
0
 
9,025
 
8,480
 
Springing
 
0
28
 
Barclays
 
Churchill Square Shopping Center
 
27,811
 
0
 
0
 
92,704
 
0
 
0
 
0
 
400,000
 
Springing
 
0
 
Springing
 
Springing
 
Springing
 
0
29
 
KeyBank
 
Skyview Plaza Shopping Center
 
259,080
 
21,250
 
0
 
1,763
 
30,043
 
14,006
 
0
 
169,150
 
1,080
 
0
 
1,763
 
7,511
 
2,001
 
0
30
 
KeyBank
 
MHPI Indiana Portfolio
 
2,421
 
196,045
 
0
 
0
 
40,553
 
3,218
 
0
 
0
 
2,421
 
0
 
0
 
6,759
 
1,609
 
0
30.01
 
KeyBank
 
Apple Valley Estates
                                                       
30.02
 
KeyBank
 
Regency Pointe Estates Community
                                                       
30.03
 
KeyBank
 
Merrywood
                                                       
31
 
KeyBank
 
Wauwatosa Industrial
 
1,368
 
0
 
0
 
2,051
 
72,951
 
8,383
 
0
 
0
 
1,368
 
0
 
2,051
 
14,590
 
699
 
Springing
32
 
RAIT
 
Tractor Supply/Fresenius Medical
 
41,000
 
0
 
0
 
0
 
0
 
0
 
31,281
 
0
 
0
 
0
 
Springing
 
Springing
 
Springing
 
0
32.01
 
RAIT
 
Fresenius Medical Care
                                                       
32.02
 
RAIT
 
Tractor Supply- Buckeye
                                                       
32.03
 
RAIT
 
Tractor Supply- Laurel
                                                       
33
 
RAIT
 
Bennington Square Apartments
 
150,000
 
28,906
 
0
 
0
 
107,354
 
130,257
 
0
 
0
 
Springing
 
0
 
0
 
15,336
 
18,608
 
0
34
 
RAIT
 
Racine Center
 
280,000
 
10,438
 
0
 
0
 
83,952
 
5,659
 
0
 
250,000
 
2,264
 
0
 
8,489
 
20,988
 
2,829
 
Springing
35
 
RAIT
 
Northridge Business Center
 
0
 
0
 
0
 
100,000
 
64,991
 
5,409
 
0
 
0
 
2,774
 
0
 
10,402
 
6,499
 
1,803
 
0
36
 
KeyBank
 
Hyatt Place - Nashville
 
10,312
 
0
 
0
 
0
 
52,109
 
2,237
 
0
 
643,860
 
4% of Gross Revenues
 
0
 
0
 
6,514
 
2,237
 
Springing
37
 
KeyBank
 
The Carrier Building
 
1,375
 
0
 
0
 
2,750
 
50,308
 
6,395
 
0
 
0
 
1,375
 
0
 
2,750
 
5,590
 
533
 
Springing
38
 
KeyBank
 
Wichita Square
 
843
 
182,987
 
0
 
0
 
127,346
 
9,426
 
0
 
0
 
843
 
0
 
Springing
 
12,735
 
3,142
 
0
39
 
JPMCB
 
Academy Sports - Garland, TX
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
Springing
 
0
 
0
 
Springing
 
Springing
 
0
40
 
Barclays
 
Storage Max Self Storage
 
0
 
750
 
0
 
0
 
0
 
0
 
0
 
8,483
 
Springing
 
0
 
0
 
Springing
 
Springing
 
Springing
41
 
KeyBank
 
Westwood Square
 
968
 
454,499
 
0
 
51,936
 
41,995
 
4,858
 
0
 
0
 
968
 
0
 
1,936
 
10,499
 
1,214
 
Springing
42
 
RAIT
 
Dollar General Portfolio
 
0
 
0
 
0
 
0
 
26,079
 
0
 
0
 
0
 
Springing
 
0
 
0
 
13,039
 
Springing
 
0
42.01
 
RAIT
 
Dollar General - Chillicothe
                                                       
42.02
 
RAIT
 
Dollar General - Columbus 2
                                                       
42.03
 
RAIT
 
Dollar General - Columbus 1
                                                       
42.04
 
RAIT
 
Dollar General - Kansas City
                                                       
43
 
KeyBank
 
Marysville Farms
 
667
 
0
 
0
 
0
 
17,328
 
750
 
0
 
0
 
667
 
0
 
0
 
2,443
 
750
 
0
44
 
KeyBank
 
StaxUp Self Storage
 
931
 
0
 
0
 
0
 
22,678
 
595
 
0
 
0
 
931
 
0
 
0
 
4,536
 
298
 
0
45
 
RAIT
 
740 Kifer Road
 
0
 
0
 
0
 
0
 
19,875
 
1,857
 
0
 
0
 
0
 
0
 
0
 
6,625
 
464
 
0
46
 
KeyBank
 
Harrodsburg Marketplace
 
751
 
125,000
 
0
 
3,753
 
0
 
9,725
 
0
 
140,500
 
751
 
0
 
3,753
 
Springing
 
1,081
 
0
47
 
KeyBank
 
Village Park Apartments
 
2,750
 
29,688
 
0
 
0
 
45,093
 
0
 
0
 
0
 
2,750
 
0
 
0
 
5,637
 
Springing
 
0
48
 
KeyBank
 
Anchor Industrial Park
 
1,485
 
26,250
 
0
 
2,995
 
98,730
 
11,543
 
0
 
0
 
1,485
 
0
 
2,995
 
14,104
 
1,443
 
0
49
 
JPMCB
 
Hampton Inn Massillon
 
6,408
 
0
 
0
 
0
 
162
 
18,002
 
0
 
0
 
4% of Gross Revenues
 
0
 
0
 
32
 
2,100
 
Springing
50
 
RAIT
 
Woodland Estates
 
0
 
14,875
 
0
 
0
 
57,084
 
3,462
 
0
 
0
 
1,408
 
0
 
0
 
7,135
 
866
 
0
51
 
JPMCB
 
Rite Aid
 
229
 
0
 
0
 
0
 
0
 
590
 
0
 
0
 
229
 
0
 
0
 
Springing
 
590
 
0
52
 
KeyBank
 
Trotwood Self Storage
 
921
 
0
 
0
 
0
 
17,326
 
3,961
 
0
 
0
 
921
 
0
 
0
 
5,775
 
990
 
0
53
 
Barclays
 
East Dublin Center
 
0
 
175,000
 
0
 
0
 
14,286
 
913
 
0
 
0
 
613
 
0
 
2,525
 
4,762
 
913
 
0
54
 
KeyBank
 
Storage Pros - Old Hickory
 
507
 
0
 
0
 
0
 
31,457
 
1,456
 
0
 
0
 
507
 
0
 
0
 
3,932
 
728
 
0
 
 
A-1-7

 
 
ANNEX A-1
 
           
RESERVE CAPS(19)
     
LARGEST TENANT (3), (20), (21), (22)
                                                     
           
CapEx
 
Envir.
 
TI/LC
 
RE Tax
 
Insur.
 
Debt Service
 
Other
 
Single
         
Lease
Loan #
 
Seller(1)
 
Property Name
 
 Reserve Cap ($)
 
 Reserve Cap ($)
 
 Reserve Cap ($)
 
 Reserve Cap ($)
 
 Reserve Cap ($)
 
 Reserve Cap ($)
 
 Reserve Cap ($)
 
Tenant
 
Largest Tenant
 
Unit Size
 
Expiration
1
 
JPMCB / Column
 
Grapevine Mills
 
1,285,200
     
4,020,000
                 
No
 
Burlington Coat Factory
 
100,000
 
01/31/18
2
 
JPMCB
 
The Mall of Victor Valley
 
96,205
     
536,170
                 
No
 
JCPenney
 
91,776
 
09/30/32
3
 
Barclays
 
Columbus Square Portfolio
 
148,267
     
4,500,000
                 
No
 
Quik Park
 
108,444
 
04/30/29
4
 
JPMCB
 
635 Madison Avenue
         
1,994,220
                 
No
 
Reproductive Medical Associates
 
25,779
 
12/31/22
5
 
KeyBank
 
Hutch Tower Two
                             
Yes
 
Montefiore Medical Center
 
278,133
 
09/30/30
6
 
JPMCB
 
17 State Street
                             
No
 
Fidessa Group
 
82,973
 
11/30/17
7
 
Barclays
 
North Riverside Park Mall
                             
No
 
Conway Store
 
33,324
 
11/30/19
8
 
JPMCB
 
NoBu Station
                             
No
           
9
 
Barclays
 
Meridian Corporate Center I
 
325,000
     
1,375,000
                 
No
 
Parexel
 
92,029
 
12/31/22
10
 
JPMCB
 
Hilton Houston Post Oak
                             
No
           
11
 
Barclays / RAIT
 
Oakland Square and Oakland Plaza
                             
No
           
11.01
 
Barclays / RAIT
 
Oakland Plaza
                             
No
 
TJ Maxx
 
31,469
 
01/31/23
11.02
 
Barclays / RAIT
 
Oakland Square
                             
No
 
Kohl’s
 
94,345
 
10/31/16
12
 
JPMCB
 
Arden Park
                             
No
           
13
 
GECC
 
Canyon Ranch Portfolio
                             
No
           
13.01
 
GECC
 
Canyon Ranch - Tucson
                             
No
           
13.02
 
GECC
 
Canyon Ranch - Lenox
                             
No
           
14
 
JPMCB
 
Embassy Suites Kennesaw
                             
No
           
15
 
KeyBank
 
Motorola Solutions - Building I & III
 
597,596
     
5,168,400
                 
Yes
 
Motorola Solutions, Inc.
 
323,025
 
10/31/25
16
 
Barclays
 
Kenwood City Retail
 
37,911
     
416,000
                 
No
           
16.01
 
Barclays
 
Kenwood City Pavilion
                             
No
 
LA Fitness
 
42,141
 
12/31/29
16.02
 
Barclays
 
Kenwood City Place
                             
No
 
Coopers Hawk Restaurant
 
11,000
 
12/31/23
17
 
JPMCB
 
Holiday Inn French Quarter-Chateau Lemoyne
                             
No
           
18
 
Barclays
 
Watermark Hurstbourne Apartments
                             
No
           
19
 
Barclays
 
Meridian Corporate Center II
 
300,000
     
625,000
                 
No
 
Parata Systems, LLC
 
65,599
 
12/31/21
20
 
RAIT
 
2100 Wharton Street
         
750,000
                 
No
 
Dynavox Systems, Inc.
 
40,719
 
03/31/18
21
 
RAIT
 
Peerless Lofts
 
56,164
     
43,200
                 
No
           
22
 
Barclays
 
Glenbrook Commons
         
350,000
                 
No
 
Dunham’s Athleisure
 
66,759
 
01/31/21
23
 
Barclays
 
1690 New Britain Avenue
 
350,000
     
900,000
                 
No
 
Allied Worldwide Assurance Company
 
66,626
 
01/31/22
24
 
KeyBank
 
Water’s Edge
                             
No
           
25
 
JPMCB
 
Westin Columbus
                             
No
           
26
 
Barclays
 
Meriden Executive Park
 
50,000
     
800,000
                 
No
 
USI Insurance Services
 
24,527
 
05/01/16
27
 
Barclays
 
East Roosevelt Boulevard Office Portfolio
         
324,896
                 
No
 
Prism Career Institute
 
23,388
 
04/30/22
28
 
Barclays
 
Churchill Square Shopping Center
 
27,811
     
92,704
                 
No
 
Publix
 
48,890
 
04/22/22
29
 
KeyBank
 
Skyview Plaza Shopping Center
 
63,480
     
84,629
                 
No
 
Giant Eagle
 
56,629
 
08/30/29
30
 
KeyBank
 
MHPI Indiana Portfolio
                             
No
           
30.01
 
KeyBank
 
Apple Valley Estates
                             
No
           
30.02
 
KeyBank
 
Regency Pointe Estates Community
                             
No
           
30.03
 
KeyBank
 
Merrywood
                             
No
           
31
 
KeyBank
 
Wauwatosa Industrial
 
32,817
     
850,000
             
Springing
 
Yes
 
Brenntag Great Lakes, LLC
 
164,087
 
10/31/19
32
 
RAIT
 
Tractor Supply/Fresenius Medical
                             
Yes
           
32.01
 
RAIT
 
Fresenius Medical Care
                             
Yes
 
Fresenius Medical Care
 
14,373
 
02/28/29
32.02
 
RAIT
 
Tractor Supply- Buckeye
                             
Yes
 
Tractor Supply
 
21,702
 
02/28/29
32.03
 
RAIT
 
Tractor Supply- Laurel
                             
Yes
 
Tractor Supply
 
19,097
 
07/30/27
33
 
RAIT
 
Bennington Square Apartments
 
78,250
                         
No
           
34
 
RAIT
 
Racine Center
         
550,000
                 
No
 
Piggly Wiggly
 
50,979
 
07/31/23
35
 
RAIT
 
Northridge Business Center
         
390,000
                 
No
 
RTS Leasing
 
33,418
 
06/30/19
36
 
KeyBank
 
Hyatt Place - Nashville
                             
No
           
37
 
KeyBank
 
The Carrier Building
 
33,000
     
500,000
             
Springing
 
Yes
 
Carrier Enterprises, LLC
 
165,000
 
02/28/21
38
 
KeyBank
 
Wichita Square
                             
No
 
Ross Dress for Less
 
30,187
 
01/31/20
39
 
JPMCB
 
Academy Sports - Garland, TX
                             
Yes
 
Academy Sports
 
71,830
 
01/31/29
40
 
Barclays
 
Storage Max Self Storage
                             
No
           
41
 
KeyBank
 
Westwood Square
                         
350,000
 
No
 
Marc’s
 
35,700
 
08/31/18
42
 
RAIT
 
Dollar General Portfolio
                             
Yes
           
42.01
 
RAIT
 
Dollar General - Chillicothe
                             
Yes
 
Dollar General
 
9,026
 
09/30/28
42.02
 
RAIT
 
Dollar General - Columbus 2
                             
Yes
 
Dollar General
 
9,026
 
03/31/29
42.03
 
RAIT
 
Dollar General - Columbus 1
                             
Yes
 
Dollar General
 
9,100
 
02/28/29
42.04
 
RAIT
 
Dollar General - Kansas City
                             
Yes
 
Dollar General
 
9,100
 
02/28/29
43
 
KeyBank
 
Marysville Farms
 
32,000
                         
No
           
44
 
KeyBank
 
StaxUp Self Storage
                             
No
           
45
 
RAIT
 
740 Kifer Road
                             
Yes
 
Electro Scientific Industries
 
22,986
 
03/31/19
46
 
KeyBank
 
Harrodsburg Marketplace
         
350,000
                 
No
 
Kroger
 
36,158
 
09/30/23
47
 
KeyBank
 
Village Park Apartments
                             
No
           
48
 
KeyBank
 
Anchor Industrial Park
                             
No
 
Kee Safety, Inc
 
35,600
 
12/31/19
49
 
JPMCB
 
Hampton Inn Massillon
                             
No
           
50
 
RAIT
 
Woodland Estates
                             
No
           
51
 
JPMCB
 
Rite Aid
 
5,496
                         
Yes
 
Rite Aid
 
13,813
 
09/16/24
52
 
KeyBank
 
Trotwood Self Storage
 
15,000
                         
No
           
53
 
Barclays
 
East Dublin Center
         
151,519
                 
No
 
Precious Moments Learning Center
 
15,200
 
02/28/22
54
 
KeyBank
 
Storage Pros - Old Hickory
                             
No
           
 
 
A-1-8

 
 
ANNEX A-1

           
2nd LARGEST TENANT (3), (20), (21), (22)
 
3rd LARGEST TENANT (3), (20), (21), (22)
 
4th LARGEST TENANT (3), (20), (21), (22)
                                             
                   
Lease
         
Lease
         
Lease
Loan #
 
Seller(1)
 
Property Name
 
2nd Largest Tenant
 
Unit Size
 
Expiration
 
3rd Largest Tenant
 
Unit Size
 
Expiration
 
4th Largest Tenant
 
Unit Size
 
Expiration
1
 
JPMCB / Column
 
Grapevine Mills
 
Last Call Neiman Marcus
 
44,751
 
04/30/18
 
Bed Bath & Beyond
 
40,340
 
01/31/17
 
LEGOLAND Discovery Centre
 
39,475
 
12/31/26
2
 
JPMCB
 
The Mall of Victor Valley
 
Sears
 
78,212
 
10/24/19
 
CineMark
 
62,118
 
11/30/21
 
Dick’s Sporting Goods
 
49,965
 
01/31/24
3
 
Barclays
 
Columbus Square Portfolio
 
Whole Foods
 
62,454
 
08/31/29
 
Mandell School
 
55,022
 
06/30/30
 
TJ Maxx
 
40,550
 
10/31/19
4
 
JPMCB
 
635 Madison Avenue
 
N.Y. Physicians P.C.
 
23,074
 
06/30/16
 
HSS Properties Corp.
 
11,303
 
06/30/19
 
RW USA Corp.
 
11,283
 
05/31/17
5
 
KeyBank
 
Hutch Tower Two
                                   
6
 
JPMCB
 
17 State Street
 
Speechworks
 
34,249
 
02/29/16
 
Nelson, Levine, De Luca & Hamilton, LLC
 
29,386
 
09/30/24
 
IP Soft
 
27,895
 
02/29/16
7
 
Barclays
 
North Riverside Park Mall
 
Classic Cinema
 
30,000
 
10/31/16
 
Forever 21
 
16,000
 
06/30/24
 
Old Navy
 
14,949
 
03/31/19
8
 
JPMCB
 
NoBu Station
                                   
9
 
Barclays
 
Meridian Corporate Center I
 
Health Decisions
 
64,266
 
06/30/18
 
Chimerix, Inc.
 
17,892
 
02/28/18
 
Merritt Webb
 
17,500
 
11/30/21
10
 
JPMCB
 
Hilton Houston Post Oak
                                   
11
 
Barclays / RAIT
 
Oakland Square and Oakland Plaza
                                   
11.01
 
Barclays / RAIT
 
Oakland Plaza
 
Planet Fitness
 
27,400
 
11/30/21
 
Michael’s
 
21,677
 
02/28/25
 
Pier 1 Imports
 
14,579
 
09/30/17
11.02
 
Barclays / RAIT
 
Oakland Square
 
DSW
 
50,500
 
02/28/18
 
Bed Bath & Beyond
 
36,416
 
01/31/17
 
Chuck E. Cheese’s
 
17,825
 
03/31/22
12
 
JPMCB
 
Arden Park
                                   
13
 
GECC
 
Canyon Ranch Portfolio
                                   
13.01
 
GECC
 
Canyon Ranch - Tucson
                                   
13.02
 
GECC
 
Canyon Ranch - Lenox
                                   
14
 
JPMCB
 
Embassy Suites Kennesaw
                                   
15
 
KeyBank
 
Motorola Solutions - Building I & III
                                   
16
 
Barclays
 
Kenwood City Retail
                                   
16.01
 
Barclays
 
Kenwood City Pavilion
 
Mattress Firm
 
3,900
 
08/31/15
 
Panera Bread
 
3,452
 
11/30/16
 
Jefferson R. Anderson Real Estate
 
1,384
 
12/31/29
16.02
 
Barclays
 
Kenwood City Place
 
Genisis Diamonds
 
4,485
 
09/30/24
 
Cucinova Restaurant
 
3,501
 
08/31/24
 
Currito Burrito
 
2,300
 
09/30/21
17
 
JPMCB
 
Holiday Inn French Quarter-Chateau Lemoyne
                                   
18
 
Barclays
 
Watermark Hurstbourne Apartments
                                   
19
 
Barclays
 
Meridian Corporate Center II
 
NVIDIA Corporation
 
25,952
 
06/30/17
 
Spoonflower, Inc.
 
19,687
 
04/30/16
 
Professional Recover
 
18,411
 
05/31/20
20
 
RAIT
 
2100 Wharton Street
 
County of Allegheny - Aging
 
34,423
 
05/31/23
 
Knopp Biosciences, LLC
 
19,769
 
10/31/17
 
County of Allegheny - Youth
 
17,723
 
12/31/21
21
 
RAIT
 
Peerless Lofts
                                   
22
 
Barclays
 
Glenbrook Commons
 
Burlington Coat Factory
 
50,187
 
02/28/24
 
Toys R Us
 
45,495
 
01/31/19
 
Ollie’s Bargain Outlet
 
26,642
 
01/13/21
23
 
Barclays
 
1690 New Britain Avenue
 
Moore Medical, LLC
 
49,388
 
11/30/19
 
AIG
 
49,250
 
09/30/18
           
24
 
KeyBank
 
Water’s Edge
                                   
25
 
JPMCB
 
Westin Columbus
                                   
26
 
Barclays
 
Meriden Executive Park
 
Institute of Professional Practice (IPP)
 
21,390
 
07/01/22
 
PMA Insurance
 
17,158
 
05/01/16
 
Infinex Financial Group
 
15,844
 
07/01/20
27
 
Barclays
 
East Roosevelt Boulevard Office Portfolio
 
Thomas Jefferson University Hospital, Inc.
14,916
 
01/31/25
 
TSIC Acquisitions, LP
 
8,179
 
12/31/15
 
Deirdre Wood, MD, P.C.
 
4,595
 
07/30/24
28
 
Barclays
 
Churchill Square Shopping Center
 
Ocala Ale House
 
6,000
 
05/31/23
 
Quest Diagnostics
 
3,000
 
06/30/17
 
Ocala Family Denistry
 
2,125
 
08/31/20
29
 
KeyBank
 
Skyview Plaza Shopping Center
 
O’Reilly Automotive Store
 
8,000
 
11/13/28
 
Sears Retail Dealer Store
 
6,000
 
09/30/18
 
Radio Shack
 
2,000
 
08/31/18
30
 
KeyBank
 
MHPI Indiana Portfolio
                                   
30.01
 
KeyBank
 
Apple Valley Estates
                                   
30.02
 
KeyBank
 
Regency Pointe Estates Community
                                   
30.03
 
KeyBank
 
Merrywood
                                   
31
 
KeyBank
 
Wauwatosa Industrial
                                   
32
 
RAIT
 
Tractor Supply/Fresenius Medical
                                   
32.01
 
RAIT
 
Fresenius Medical Care
                                   
32.02
 
RAIT
 
Tractor Supply- Buckeye
                                   
32.03
 
RAIT
 
Tractor Supply- Laurel
                                   
33
 
RAIT
 
Bennington Square Apartments
                                   
34
 
RAIT
 
Racine Center
 
Xperience Fitness
 
31,117
 
09/30/26
 
Party City
 
12,724
 
12/31/15
 
Dollar Tree
 
10,304
 
09/30/15
35
 
RAIT
 
Northridge Business Center
 
Flooring Dist. Intl
 
12,143
 
05/31/16
 
State of North Carolina
 
11,191
 
01/22/19
 
Professional Service Ind.
 
9,352
 
09/30/15
36
 
KeyBank
 
Hyatt Place - Nashville
                                   
37
 
KeyBank
 
The Carrier Building
                                   
38
 
KeyBank
 
Wichita Square
 
TJ Maxx
 
27,489
 
08/31/20
 
Shoe Carnival
 
9,755
 
03/31/24
 
Chick-fil-A
 
4,227
 
05/31/33
39
 
JPMCB
 
Academy Sports - Garland, TX
                                   
40
 
Barclays
 
Storage Max Self Storage
                                   
41
 
KeyBank
 
Westwood Square
 
Pet Supplies Plus
 
12,700
 
08/31/24
 
China Buffet
 
6,900
 
12/31/16
 
Rent A Center
 
4,245
 
11/30/17
42
 
RAIT
 
Dollar General Portfolio
                                   
42.01
 
RAIT
 
Dollar General - Chillicothe
                                   
42.02
 
RAIT
 
Dollar General - Columbus 2
                                   
42.03
 
RAIT
 
Dollar General - Columbus 1
                                   
42.04
 
RAIT
 
Dollar General - Kansas City
                                   
43
 
KeyBank
 
Marysville Farms
                                   
44
 
KeyBank
 
StaxUp Self Storage
                                   
45
 
RAIT
 
740 Kifer Road
                                   
46
 
KeyBank
 
Harrodsburg Marketplace
 
Hibbett Sporting Goods
 
5,400
 
08/30/24
 
Cato
 
5,400
 
01/31/18
 
Wah Mei Chinese Restaurant
 
3,600
 
10/31/20
47
 
KeyBank
 
Village Park Apartments
                                   
48
 
KeyBank
 
Anchor Industrial Park
 
SAIA
 
25,000
 
06/30/20
 
Crystal Rock, LLC
 
21,000
 
09/30/21
 
DiPizio Construction
 
20,005
 
12/31/28
49
 
JPMCB
 
Hampton Inn Massillon
                                   
50
 
RAIT
 
Woodland Estates
                                   
51
 
JPMCB
 
Rite Aid
                                   
52
 
KeyBank
 
Trotwood Self Storage
                                   
53
 
Barclays
 
East Dublin Center
 
Family Dollar
 
8,844
 
12/31/15
 
Autozone
 
8,160
 
09/30/23
 
Everyday People Ministries
 
4,800
 
06/30/16
54
 
KeyBank
 
Storage Pros - Old Hickory
                                   
 
 
A-1-9

 

ANNEX A-1

           
5th LARGEST TENANT (3), (20), (21), (22)
               
                                     
                   
Lease
 
Loan
     
Lockbox
 
Lockbox
Loan #
 
Seller(1)
 
Property Name
 
5th Largest Tenant
 
Unit Size
 
Expiration
 
Purpose
 
Principal / Carveout Guarantor(23)
 
 (Y/N)
 
 Type(24)
1
 
JPMCB / Column
 
Grapevine Mills
 
Saks Off Fifth
 
35,000
 
10/31/17
 
Refinance
 
NAP
 
Yes
 
CMA
2
 
JPMCB
 
The Mall of Victor Valley
 
Barnes & Noble
 
25,221
 
01/31/17
 
Refinance
 
The Macerich Partnership, L.P.
 
Yes
 
CMA
3
 
Barclays
 
Columbus Square Portfolio
 
Michael’s
 
34,424
 
03/31/20
 
Refinance
 
Jacob Chetrit, Laurence Gluck
 
Yes
 
Hard
4
 
JPMCB
 
635 Madison Avenue
 
Suit Supply
 
9,392
 
05/31/20
 
Refinance
 
Ben Ashkenazy
 
Yes
 
Hard
5
 
KeyBank
 
Hutch Tower Two
             
Refinance
 
Joseph Simone
 
Yes
 
CMA
6
 
JPMCB
 
17 State Street
 
Bressler Amery & Ross
 
23,033
 
03/31/15
 
Refinance
 
Aby Rosen, Michael Fuchs
 
Yes
 
Hard
7
 
Barclays
 
North Riverside Park Mall
 
Deb Shop
 
10,275
 
01/31/16
 
Refinance
 
Jeffrey J. Feil, Lloyd Goldman
 
Yes
 
Hard
8
 
JPMCB
 
NoBu Station
             
Acquisition
 
Oren Blatt, Yacob Blatt, Yehonatan Sade
 
Yes
 
Springing
9
 
Barclays
 
Meridian Corporate Center I
 
Cerner Corporation
 
14,793
 
01/31/17
 
Acquisition
 
Investcorp US Real Estate, LLC
 
Yes
 
CMA
10
 
JPMCB
 
Hilton Houston Post Oak
             
Refinance
 
Hotel Resort Properties, LLLP
 
Yes
 
CMA
11
 
Barclays / RAIT
 
Oakland Square and Oakland Plaza
             
Acquisition
 
RAIT Partnership, L.P.
 
Yes
 
CMA
11.01
 
Barclays / RAIT
 
Oakland Plaza
 
Shoe Carnival
 
10,200
 
05/31/24
               
11.02
 
Barclays / RAIT
 
Oakland Square
 
Five Below
 
10,880
 
01/31/21
               
12
 
JPMCB
 
Arden Park
             
Acquisition
 
Oren Blatt, Yacob Blatt, Yehonatan Sade
 
Yes
 
Springing
13
 
GECC
 
Canyon Ranch Portfolio
             
Refinance
 
CR Operating, LLC
 
Yes
 
CMA
13.01
 
GECC
 
Canyon Ranch - Tucson
                           
13.02
 
GECC
 
Canyon Ranch - Lenox
                           
14
 
JPMCB
 
Embassy Suites Kennesaw
             
Refinance
 
Gerald L. Sapp
 
Yes
 
CMA
15
 
KeyBank
 
Motorola Solutions - Building I & III
             
Refinance
 
Michael K. Burns
 
Yes
 
CMA
16
 
Barclays
 
Kenwood City Retail
             
Acquisition
 
Alan C. Fox
 
Yes
 
CMA
16.01
 
Barclays
 
Kenwood City Pavilion
                           
16.02
 
Barclays
 
Kenwood City Place
 
Fusian Japanese Restaurant
 
2,200
 
03/31/24
               
17
 
JPMCB
 
Holiday Inn French Quarter-Chateau Lemoyne
             
Refinance
 
FelCor Lodging Limited Partnership
 
Yes
 
CMA
18
 
Barclays
 
Watermark Hurstbourne Apartments
             
Acquisition
 
Inland Private Capital Corporation
 
Yes
 
Springing
19
 
Barclays
 
Meridian Corporate Center II
 
Aldagen, Inc.
 
16,314
 
12/31/18
 
Acquisition
 
Investcorp US Real Estate, LLC
 
Yes
 
CMA
20
 
RAIT
 
2100 Wharton Street
 
Questfore, Inc.
 
12,478
 
07/31/16
 
Refinance
 
Aaron D. Stauber, Robert Ades, Alan A. Ades, Maurice Ades, Lawrence H. Walsh
 
Yes
 
Springing
21
 
RAIT
 
Peerless Lofts
             
Refinance
 
Arnold B. Chace, Jr.
 
Yes
 
Springing
22
 
Barclays
 
Glenbrook Commons
 
Goodwill Industries
 
12,855
 
03/31/18
 
Refinance
 
Bon Aviv Holdings LLC
 
Yes
 
CMA
23
 
Barclays
 
1690 New Britain Avenue
             
Acquisition
 
Christopher J. Knisley
 
Yes
 
CMA
24
 
KeyBank
 
Water’s Edge
             
Acquisition
 
Trevor Gordon, Doug Sherman, Michael Augustine
 
Yes
 
CMA
25
 
JPMCB
 
Westin Columbus
             
Refinance
 
Waterton Tactical Real Estate Fund I, L.L.C., Waterton Commercial Properties, L.L.C.
 
Yes
 
Hard
26
 
Barclays
 
Meriden Executive Park
 
FBI (GSA)
 
11,925
 
11/30/15
 
Acquisition
 
Christopher J. Knisley
 
Yes
 
CMA
27
 
Barclays
 
East Roosevelt Boulevard Office Portfolio
 
Care Connection
 
4,089
 
08/31/18
 
Refinance
 
George Comfort & Sons, Inc.
 
Yes
 
CMA
28
 
Barclays
 
Churchill Square Shopping Center
 
Adobe East
 
1,853
 
04/30/16
 
Refinance
 
Gail C. Cox
 
Yes
 
Springing
29
 
KeyBank
 
Skyview Plaza Shopping Center
 
GNC
 
1,760
 
03/31/18
 
Refinance
 
Jeffrey S. Lewis
 
Yes
 
Springing
30
 
KeyBank
 
MHPI Indiana Portfolio
             
Refinance
 
James W. Soboleski, Deborah Soboleski, Benjamin Kadish
 
Yes
 
Springing
30.01
 
KeyBank
 
Apple Valley Estates
                           
30.02
 
KeyBank
 
Regency Pointe Estates Community
                           
30.03
 
KeyBank
 
Merrywood
                           
31
 
KeyBank
 
Wauwatosa Industrial
             
Refinance
 
John E. Shaffer
 
Yes
 
CMA
32
 
RAIT
 
Tractor Supply/Fresenius Medical
             
Acquisition
 
Behringer Net Lease Advisors, LLC
 
Yes
 
CMA
32.01
 
RAIT
 
Fresenius Medical Care
                           
32.02
 
RAIT
 
Tractor Supply- Buckeye
                           
32.03
 
RAIT
 
Tractor Supply- Laurel
                           
33
 
RAIT
 
Bennington Square Apartments
             
Refinance
 
Syed Salmon Razzaqi
 
Yes
 
Springing
34
 
RAIT
 
Racine Center
 
Get It Now
 
9,020
 
09/30/16
 
Acquisition
 
Gilberto Cabral, Su Min Goh a/k/a Goh Su Min
 
Yes
 
Springing
35
 
RAIT
 
Northridge Business Center
 
Modern Impr. of Charlotte
 
6,237
 
02/28/17
 
Refinance
 
Sky Management Services LLC
 
Yes
 
Hard
36
 
KeyBank
 
Hyatt Place - Nashville
             
Acquisition
 
Dong G. Kim
 
Yes
 
Hard
37
 
KeyBank
 
The Carrier Building
             
Refinance
 
John E. Shaffer, E. Thomas Collins, Jr.
 
Yes
 
CMA
38
 
KeyBank
 
Wichita Square
             
Refinance
 
Kenneth A. Lockard, Lockard Development, Inc.
 
Yes
 
CMA
39
 
JPMCB
 
Academy Sports - Garland, TX
             
Acquisition
 
Trust A U/W Of C.E. Reunion dated June 25, 1998
 
Yes
 
Springing
40
 
Barclays
 
Storage Max Self Storage
             
Refinance
 
John M. Marshall
 
Yes
 
Springing
41
 
KeyBank
 
Westwood Square
 
The Exchange
 
3,000
 
06/30/19
 
Acquisition
 
Bon Investments USA LLC
 
Yes
 
CMA
42
 
RAIT
 
Dollar General Portfolio
             
Acquisition
 
Michael J. Falcone
 
Yes
 
Springing
42.01
 
RAIT
 
Dollar General - Chillicothe
                           
42.02
 
RAIT
 
Dollar General - Columbus 2
                           
42.03
 
RAIT
 
Dollar General - Columbus 1
                           
42.04
 
RAIT
 
Dollar General - Kansas City
                           
43
 
KeyBank
 
Marysville Farms
             
Refinance
 
Bradford S. Elvidge, Lawrence D. Buhl, III
 
Yes
 
Springing
44
 
KeyBank
 
StaxUp Self Storage
             
Refinance
 
Randall U. Strauss
 
No
 
None
45
 
RAIT
 
740 Kifer Road
             
Acquisition
 
Swift Realty Partners LLC
 
Yes
 
CMA
46
 
KeyBank
 
Harrodsburg Marketplace
 
Arby’s
 
2,290
 
06/30/23
 
Refinance
 
Wheeler Real Estate Investment Trust, Inc.
 
Yes
 
CMA
47
 
KeyBank
 
Village Park Apartments
             
Acquisition
 
Matthew McLennan, Jonathan Twombly
 
Yes
 
CMA
48
 
KeyBank
 
Anchor Industrial Park
 
Highway Rehabilitation Corp.
 
11,900
 
06/30/18
 
Refinance
 
Bernard DiPizio
 
Yes
 
CMA
49
 
JPMCB
 
Hampton Inn Massillon
             
Refinance
 
Anthony S. Manna, Andrew M. Howe V, John D. Helline II
 
Yes
 
CMA
50
 
RAIT
 
Woodland Estates
             
Refinance
 
Gregory Greif, Sundial Capital LLC
 
Yes
 
Springing
51
 
JPMCB
 
Rite Aid
             
Refinance
 
Saul Tawil
 
Yes
 
Springing
52
 
KeyBank
 
Trotwood Self Storage
             
Refinance
 
Maurice J. Brown
 
No
 
None
53
 
Barclays
 
East Dublin Center
 
La Michoacana Market
 
4,687
 
09/30/17
 
Acquisition
 
Daniel Abramson, Kenneth Israel
 
Yes
 
Springing
54
 
KeyBank
 
Storage Pros - Old Hickory
             
Acquisition
 
David M. Levenfeld, Ian M. Burnstein
 
No
 
None
 
 
A-1-10

 
 
ANNEX A-1
 
           
Pari Passu Debt
 
Additional Debt
 
Total Debt
               
Pari Passu
 
Pari Passu
 
Pari Passu
 
Total Cut-off
 
Addit Debt
         
Additional
         
Total Debt
     
Total Debt
           
Pari Passu
 
Note Control
 
Piece  In Trust
 
Piece Non Trust
 
Date Pari
  Permitted  
Addit Debt
 
Additional
 
Debt Cut off
 
Additional Debt
 
Total Debt
 
 UW NCF
 
Total Debt
 
 UW NOI
Loan #
 
Seller(1)
 
Property Name
 
(Y/N)
 
(Y/N)
 
Cut-Off Balance
 
Cut-Off Balance
 
Passu Debt
 
 (Y/N)
 
Exist (Y/N)(25)
 
Debt Type(s)
 
Date Balance
 
Interest Rate
 
 Cut-off Balance
 
 DSCR
 
Current LTV %
 
 Debt Yield %
1
 
JPMCB / Column
 
Grapevine Mills
 
Yes
 
No
 
115,000,000
 
153,000,000
 
268,000,000
 
No
 
No
 
NAP
 
NAP
 
NAP
 
268,000,000
 
3.34
 
53.1%
 
13.7%
2
 
JPMCB
 
The Mall of Victor Valley
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
3
 
Barclays
 
Columbus Square Portfolio
 
Yes
 
No
 
96,250,000
 
303,750,000
 
400,000,000
 
No
 
No
 
NAP
 
NAP
 
NAP
 
400,000,000
 
1.15
 
72.1%
 
6.7%
4
 
JPMCB
 
635 Madison Avenue
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
Yes
 
Mezzanine Loan
 
35,000,000
 
7.25000
 
125,000,000
 
0.98
 
64.1%
 
6.6%
5
 
KeyBank
 
Hutch Tower Two
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
6
 
JPMCB
 
17 State Street
 
Yes
 
No
 
75,000,000
 
105,000,000
 
180,000,000
 
No
 
Yes
 
Mezzanine Loan
 
40,000,000
 
8.82000
 
220,000,000
 
1.24
 
67.7%
 
6.9%
7
 
Barclays
 
North Riverside Park Mall
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
8
 
JPMCB
 
NoBu Station
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
9
 
Barclays
 
Meridian Corporate Center I
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
10
 
JPMCB
 
Hilton Houston Post Oak
 
Yes
 
No
 
35,000,000
 
45,000,000
 
80,000,000
 
No
 
No
 
NAP
 
NAP
 
NAP
 
80,000,000
 
1.97
 
63.4%
 
11.9%
11
 
Barclays / RAIT
 
Oakland Square and Oakland Plaza
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
11.01
 
Barclays / RAIT
 
Oakland Plaza
                                             
NAP
 
NAP
 
NAP
11.02
 
Barclays / RAIT
 
Oakland Square
                                             
NAP
 
NAP
 
NAP
12
 
JPMCB
 
Arden Park
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
13
 
GECC
 
Canyon Ranch Portfolio
 
Yes
 
No
 
30,000,000
 
120,000,000
 
150,000,000
 
No
 
No
 
NAP
 
NAP
 
NAP
 
150,000,000
 
2.34
 
53.2%
 
13.6%
13.01
 
GECC
 
Canyon Ranch - Tucson
                                             
2.34
 
53.2%
 
13.6%
13.02
 
GECC
 
Canyon Ranch - Lenox
                                             
2.34
 
53.2%
 
13.6%
14
 
JPMCB
 
Embassy Suites Kennesaw
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
Yes
 
ESK Companion Loan
 
5,000,000
 
10.00000
 
34,500,000
 
1.24
 
78.8%
 
9.1%
15
 
KeyBank
 
Motorola Solutions - Building I & III
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
16
 
Barclays
 
Kenwood City Retail
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
16.01
 
Barclays
 
Kenwood City Pavilion
                                             
NAP
 
NAP
 
NAP
16.02
 
Barclays
 
Kenwood City Place
                                             
NAP
 
NAP
 
NAP
17
 
JPMCB
 
Holiday Inn French Quarter-Chateau Lemoyne
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
18
 
Barclays
 
Watermark Hurstbourne Apartments
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
19
 
Barclays
 
Meridian Corporate Center II
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
20
 
RAIT
 
2100 Wharton Street
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
21
 
RAIT
 
Peerless Lofts
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
22
 
Barclays
 
Glenbrook Commons
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
23
 
Barclays
 
1690 New Britain Avenue
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
Yes
 
No
 
Permitted Mezzanine
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
24
 
KeyBank
 
Water’s Edge
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
25
 
JPMCB
 
Westin Columbus
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
26
 
Barclays
 
Meriden Executive Park
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
Yes
 
No
 
Permitted Mezzanine
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
27
 
Barclays
 
East Roosevelt Boulevard Office Portfolio
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
28
 
Barclays
 
Churchill Square Shopping Center
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
29
 
KeyBank
 
Skyview Plaza Shopping Center
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
30
 
KeyBank
 
MHPI Indiana Portfolio
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
30.01
 
KeyBank
 
Apple Valley Estates
                                             
NAP
 
NAP
 
NAP
30.02
 
KeyBank
 
Regency Pointe Estates Community
                                             
NAP
 
NAP
 
NAP
30.03
 
KeyBank
 
Merrywood
                                             
NAP
 
NAP
 
NAP
31
 
KeyBank
 
Wauwatosa Industrial
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
32
 
RAIT
 
Tractor Supply/Fresenius Medical
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
32.01
 
RAIT
 
Fresenius Medical Care
                                             
NAP
 
NAP
 
NAP
32.02
 
RAIT
 
Tractor Supply- Buckeye
                                             
NAP
 
NAP
 
NAP
32.03
 
RAIT
 
Tractor Supply- Laurel
                                             
NAP
 
NAP
 
NAP
33
 
RAIT
 
Bennington Square Apartments
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
34
 
RAIT
 
Racine Center
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
35
 
RAIT
 
Northridge Business Center
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
36
 
KeyBank
 
Hyatt Place - Nashville
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
37
 
KeyBank
 
The Carrier Building
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
38
 
KeyBank
 
Wichita Square
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
39
 
JPMCB
 
Academy Sports - Garland, TX
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
40
 
Barclays
 
Storage Max Self Storage
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
41
 
KeyBank
 
Westwood Square
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
42
 
RAIT
 
Dollar General Portfolio
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
42.01
 
RAIT
 
Dollar General - Chillicothe
                                             
NAP
 
NAP
 
NAP
42.02
 
RAIT
 
Dollar General - Columbus 2
 
 
 
 
             
 
 
 
 
 
             
NAP
 
NAP
 
NAP
42.03
 
RAIT
 
Dollar General - Columbus 1
 
 
 
 
             
 
 
 
 
 
             
NAP
 
NAP
 
NAP
42.04
 
RAIT
 
Dollar General - Kansas City
 
 
 
 
             
 
 
 
 
 
             
NAP
 
NAP
 
NAP
43
 
KeyBank
 
Marysville Farms
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
44
 
KeyBank
 
StaxUp Self Storage
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
45
 
RAIT
 
740 Kifer Road
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
46
 
KeyBank
 
Harrodsburg Marketplace
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
47
 
KeyBank
 
Village Park Apartments
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
48
 
KeyBank
 
Anchor Industrial Park
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
49
 
JPMCB
 
Hampton Inn Massillon
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
50
 
RAIT
 
Woodland Estates
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
Yes
 
No
 
Permitted Mezzanine
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
51
 
JPMCB
 
Rite Aid
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
52
 
KeyBank
 
Trotwood Self Storage
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
53
 
Barclays
 
East Dublin Center
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
54
 
KeyBank
 
Storage Pros - Old Hickory
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
 
A-1-11

 

ANNEX A-1

                                                                     
                                                                         
           
HOTEL OPERATING STATISTICS
   
                                                                         
           
2011
 
2011
 
2011
 
2012
 
2012
 
2012
 
2013
 
2013
 
2013
 
Most Recent
 
Most Recent
 
Most Recent
 
UW
 
UW
 
UW
   
Loan #
 
Seller(1)
 
Property Name
 
Occupancy %
 
 ADR ($)
 
 RevPAR ($)
 
 Occupancy %
 
 ADR ($)
 
 RevPAR ($)
 
 Occupancy %
 
 ADR ($)
 
 RevPAR ($)
 
 Occupancy %
 
 ADR ($)
 
 RevPAR ($)
 
Occupancy %
 
 ADR ($)
 
 RevPAR ($)
 
Loan #
1
 
JPMCB / Column
 
Grapevine Mills
                                                             
1
2
 
JPMCB
 
The Mall of Victor Valley
                                                             
2
3
 
Barclays
 
Columbus Square Portfolio
                                                             
3
4
 
JPMCB
 
635 Madison Avenue
                                                             
4
5
 
KeyBank
 
Hutch Tower Two
                                                             
5
6
 
JPMCB
 
17 State Street
                                                             
6
7
 
Barclays
 
North Riverside Park Mall
                                                             
7
8
 
JPMCB
 
NoBu Station
                                                             
8
9
 
Barclays
 
Meridian Corporate Center I
                                                             
9
10
 
JPMCB
 
Hilton Houston Post Oak
 
83.7%
 
129.93
 
108.79
 
84.4%
 
138.54
 
116.89
 
86.1%
 
149.73
 
128.94
 
83.5%
 
156.87
 
130.93
 
80.0%
 
163.66
 
130.93
 
10
11
 
Barclays / RAIT
 
Oakland Square and Oakland Plaza
                                                             
11
11.01
 
Barclays / RAIT
 
Oakland Plaza
                                                             
11.01
11.02
 
Barclays / RAIT
 
Oakland Square
                                                             
11.02
12
 
JPMCB
 
Arden Park
                                                             
12
13
 
GECC
 
Canyon Ranch Portfolio
 
56.2%
 
455.14
 
255.62
 
54.7%
 
475.16
 
259.85
 
57.6%
 
488.31
 
281.04
 
58.4%
 
501.27
 
292.77
 
58.4%
 
501.27
 
292.77
 
13
13.01
 
GECC
 
Canyon Ranch - Tucson
 
53.7%
 
454.48
 
243.91
 
52.6%
 
480.85
 
252.72
 
56.1%
 
489.04
 
274.53
 
58.0%
 
506.60
 
293.89
 
58.0%
 
506.60
 
293.89
 
13.01
13.02
 
GECC
 
Canyon Ranch - Lenox
 
59.2%
 
455.95
 
269.93
 
57.4%
 
468.21
 
268.56
 
59.3%
 
487.41
 
289.00
 
58.9%
 
494.76
 
291.41
 
58.9%
 
494.76
 
291.41
 
13.02
14
 
JPMCB
 
Embassy Suites Kennesaw
 
66.1%
 
116.34
 
76.90
 
71.0%
 
120.30
 
85.45
 
75.6%
 
123.84
 
93.67
 
78.3%
 
127.63
 
99.88
 
78.3%
 
127.63
 
99.88
 
14
15
 
KeyBank
 
Motorola Solutions - Building I & III
                                                             
15
16
 
Barclays
 
Kenwood City Retail
                                                             
16
16.01
 
Barclays
 
Kenwood City Pavilion
                                                             
16.01
16.02
 
Barclays
 
Kenwood City Place
                                                             
16.02
17
 
JPMCB
 
Holiday Inn French Quarter-Chateau Lemoyne
 
72.9%
 
128.60
 
93.74
 
72.1%
 
159.94
 
115.27
 
71.8%
 
175.78
 
126.15
 
75.6%
 
179.68
 
135.89
 
75.6%
 
179.68
 
135.89
 
17
18
 
Barclays
 
Watermark Hurstbourne Apartments
                                                             
18
19
 
Barclays
 
Meridian Corporate Center II
                                                             
19
20
 
RAIT
 
2100 Wharton Street
                                                             
20
21
 
RAIT
 
Peerless Lofts
                                                             
21
22
 
Barclays
 
Glenbrook Commons
                                                             
22
23
 
Barclays
 
1690 New Britain Avenue
                                                             
23
24
 
KeyBank
 
Water’s Edge
                                                             
24
25
 
JPMCB
 
Westin Columbus
 
71.2%
 
126.74
 
90.26
 
74.1%
 
125.69
 
93.16
 
72.6%
 
129.22
 
93.76
 
70.6%
 
135.36
 
95.58
 
70.6%
 
135.36
 
95.58
 
25
26
 
Barclays
 
Meriden Executive Park
                                                             
26
27
 
Barclays
 
East Roosevelt Boulevard Office Portfolio
                                                             
27
28
 
Barclays
 
Churchill Square Shopping Center
                                                             
28
29
 
KeyBank
 
Skyview Plaza Shopping Center
                                                             
29
30
 
KeyBank
 
MHPI Indiana Portfolio
                                                             
30
30.01
 
KeyBank
 
Apple Valley Estates
                                                             
30.01
30.02
 
KeyBank
 
Regency Pointe Estates Community
                                                             
30.02
30.03
 
KeyBank
 
Merrywood
                                                             
30.03
31
 
KeyBank
 
Wauwatosa Industrial
                                                             
31
32
 
RAIT
 
Tractor Supply/Fresenius Medical
                                                             
32
32.01
 
RAIT
 
Fresenius Medical Care
                                                             
32.01
32.02
 
RAIT
 
Tractor Supply- Buckeye
                                                             
32.02
32.03
 
RAIT
 
Tractor Supply- Laurel
                                                             
32.03
33
 
RAIT
 
Bennington Square Apartments
                                                             
33
34
 
RAIT
 
Racine Center
                                                             
34
35
 
RAIT
 
Northridge Business Center
                                                             
35
36
 
KeyBank
 
Hyatt Place - Nashville
 
71.7%
 
95.42
 
68.42
 
79.4%
 
96.88
 
76.89
 
83.3%
 
103.99
 
86.60
 
84.6%
 
112.16
 
94.90
 
82.1%
 
112.16
 
92.09
 
36
37
 
KeyBank
 
The Carrier Building
                                                             
37
38
 
KeyBank
 
Wichita Square
                                                             
38
39
 
JPMCB
 
Academy Sports - Garland, TX
                                                             
39
40
 
Barclays
 
Storage Max Self Storage
                                                             
40
41
 
KeyBank
 
Westwood Square
                                                             
41
42
 
RAIT
 
Dollar General Portfolio
                                                             
42
42.01
 
RAIT
 
Dollar General - Chillicothe
                                                             
42.01
42.02
 
RAIT
 
Dollar General - Columbus 2
                                                             
42.02
42.03
 
RAIT
 
Dollar General - Columbus 1
                                                             
42.03
42.04
 
RAIT
 
Dollar General - Kansas City
                                                             
42.04
43
 
KeyBank
 
Marysville Farms
                                                             
43
44
 
KeyBank
 
StaxUp Self Storage
                                                             
44
45
 
RAIT
 
740 Kifer Road
                                                             
45
46
 
KeyBank
 
Harrodsburg Marketplace
                                                             
46
47
 
KeyBank
 
Village Park Apartments
                                                             
47
48
 
KeyBank
 
Anchor Industrial Park
                                                             
48
49
 
JPMCB
 
Hampton Inn Massillon
 
69.5%
 
85.65
 
59.53
 
71.0%
 
94.12
 
66.83
 
70.5%
 
100.18
 
70.63
 
70.5%
 
102.00
 
71.93
 
70.5%
 
102.00
 
71.93
 
49
50
 
RAIT
 
Woodland Estates
                                                             
50
51
 
JPMCB
 
Rite Aid
                                                             
51
52
 
KeyBank
 
Trotwood Self Storage
                                                             
52
53
 
Barclays
 
East Dublin Center
                                                             
53
54
 
KeyBank
 
Storage Pros - Old Hickory
                                                             
54
 
 
A-1-12

 
 
Footnotes to Annex A-1
   
(1)
“JPMCB” denotes JPMorgan Chase Bank, National Association, as Mortgage Loan Seller; “Barclays” denotes Barclays Bank PLC, as Mortgage Loan Seller; “KeyBank” denotes KeyBank National Association, as Mortgage Loan Seller; “RAIT” denotes RAIT Funding, LLC, as Mortgage Loan Seller; “Column” denotes Column Financial, Inc., as Mortgage Loan Seller; and “GECC” denotes General Electric Capital Corporation, as Mortgage Loan Seller.
 
With respect to Loan No. 1, Grapevine Mills, the mortgage loan was co-originated by JPMCB and Column. The mortgage loan is comprised of two pari passu components (Note A-3 and Note A-4), which are part of a split Whole Loan consisting of Note A-3, Note A-4 and four additional pari passu components. Note A-3, with an outstanding principal balance of $57,500,000 as of the Cut-off Date, will be sold to the trust by JPMCB. Note A-4, with an outstanding principal balance of $57,500,000 as of the Cut-off Date, will be sold to the trust by Column. All loan level metrics are based on the aggregate mortgage loan balance.
 
With respect to Loan No. 11, Oakland Square and Oakland Plaza, the loan is a $35,000,000 mortgage loan which was co-originated by Barclays and RAIT. The mortgage loan is a split Whole Loan comprised of two pari passu components (Note A-1 and Note A-2). Note A-1, with an outstanding principal balance of $17,500,000 as of the Cut-off Date, will be sold to the trust by RAIT. Note A-2, with an outstanding principal balance of $17,500,000 as of the Cut-off Date, will be sold to the trust by Barclays. All loan level metrics are based on the aggregate mortgage loan balance.
   
(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.
 
For example, with respect to Loan No. 1, Grapevine Mills, the largest two tenants by square footage, Bass Pro Shops Outdoor and AMC Theaters, respectively, ground lease the land from the borrower.
 
With respect to Loan No. 7, North Riverside Park Mall, the property is comprised of 1,075,445 square feet, of which 429,038 square feet serves as collateral. Carson Pirie Scott, JCPenney and Sears own their respective spaces comprising a total of 646,407 square feet and are subject to reciprocal easement agreements.
 
With respect to Loan No. 11, Oakland Square and Oakland Plaza, anchor tenant Kohl’s and Chase Bank ground lease the land from the respective borrower. The ground lease payments serve as collateral for the mortgage loan.
   
(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.
 
With respect to Loan No. 1, Grapevine Mills, UW NOI ($) and UW NCF ($) includes $548,903 of revenue attributable to nine tenants totaling 17,048 square feet which have executed leases but are not yet in occupancy of their respective spaces, as well as $132,710 of revenue attributable to two tenants totaling 3,722 square feet with leases out for signature.
 
With respect to Loan No. 2, The Mall of Victor Valley, UW NOI ($) and UW NCF ($) includes $613,198 of revenue attributable to five tenants which have executed leases but are not yet in occupancy of their respective spaces. In addition, the UW NOI ($) and UW NCF ($) includes approximately $310,000 of assistance payments from the city of Victorville. In 2012, the borrower entered into an agreement with the city of Victorville, pursuant to which, the borrower receives assistance payments from the city which equal the sales tax (currently 1.0%) at the mortgaged property for total sales in excess of $100.0 million. The agreement expires in 2039, and the maximum amount the borrower can receive over the term of the agreement is approximately $18.9 million. Total sales at the mortgaged property as of the TTM ended June 30, 2014 were approximately $131.0 million.
 
With respect to Loan No. 4, 635 Madison Avenue, the 5th Largest Tenant, Suit Supply, pays the greater of (i) base rent of $2,000,000 or (ii) 15% of gross sales per annum. JPMCB has underwritten base rent of $212.95 per square foot which equates to the minimum base rent of $2,000,000.
 
With respect to Loan No. 5, Hutch Tower Two, the largest and only tenant, Montefiore Medical Center, has executed a lease and taken occupancy but has not yet commenced paying rent. The tenant is expected to commence paying rent in October 2015. At origination of the mortgage loan, a reserve of $8,158,568 was
 
 
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deposited into the Upfront Other Reserve for outstanding rent abatements associated with Montefiore Medical Center. UW Revenues ($), UW NOI ($) and UW NCF ($) are based on the straight-line average contractual rent of the sole tenant, Montefiore Medical Center. In addition, the related mortgaged property benefits from a 25-year Industrial and Commercial Incentive Program (“ICIP”) from the city of New York with a benefit start date of July 1, 2009. The ICIP provides that the building portion of the mortgaged property’s assessed value is 100% exempt for the first 16 years, with such benefit reducing annually by 10% through year 26, when the building is fully taxable. The mortgaged property’s 2014-2015 assessed value results in real estate taxes of $2,294,292, and after deducting the ICIP tax benefit of $2,193,208, results in a property tax expense of $101,084.
 
With respect to Loan No. 7, North Riverside Park Mall, Occupancy % includes temporary tenants. Excluding temporary tenants, Occupancy % as of July 1, 2014 is 81.2%.
 
With respect to Loan No. 11, Oakland Square and Oakland Plaza, Occupancy %, UW NOI ($) and UW NCF ($) include Michael’s, which has executed a lease but is not yet in occupancy of its space or paying rent. The lease states that if the lease has not commenced prior to October 2014, there will be no rent due until April 2015. The lender escrowed $209,753 in a free rent reserve relating to outstanding rent and reimbursement obligations during the free rent period under the Michael’s lease.
 
 
With respect to Loan No. 21, Peerless Lofts, the Occupancy % was calculated based on 97 apartment units. The collateral also includes eight commercial units consisting of 19,161 square feet, which are leased but not considered in the Occupancy % calculation. In addition, the related mortgaged property currently benefits from a tax abatement from the city of Providence, Rhode Island, pursuant to a stabilization tax treaty that expires in December 2015. Under such tax treaty, the borrower’s real estate taxes are limited to an annual payment of $33,407 or $344 per unit. Following the expiration of the tax abatement program, the borrower’s real estate taxes would revert to the actual taxes implied by the assessed value of the mortgaged property. The implied tax expense based on the 2013 assessed value for the mortgaged property, if the mortgaged property were unencumbered by the tax treaty, would be over $450,000.
 
With respect to Loan No. 50, Woodland Estates, the Occupancy % was calculated based on month-to-month leases at the mortgaged property.
   
(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.
 
With respect to Loan No. 5, Hutch Tower Two, the Appraised Value ($) represents the “Prospective Market Value As Complete and Physically Stabilized” for the mortgaged property, effective as of October 1, 2015, which assumed that the Montefiore Medical Center lease will commence on September 1, 2014, and rent will commence on October 1, 2015. At origination of the mortgage loan, the borrower reserved $8,158,568 representing in-place rent for the preceding eleven months leading up to October 1, 2015. The “as-is” appraised value for the mortgaged property is $106,000,000.
 
With respect to Loan No. 17, Holiday Inn French Quarter-Chateau Lemoyne, the appraiser’s “as-is” value for the property, effective as of July 1, 2014, contained an extraordinary assumption that $7,775,000 in planned capital expenditures will be spent during the first year on capital improvements pursuant to a property improvement plan. At origination of the mortgage loan, the borrower was required to escrow $7,775,590, which is the full estimated amount of the property improvement plan.
 
 
With respect to Loan No. 29, Skyview Plaza Shopping Center, the Appraised Value ($) represents the “Hypothetical Market Value Upon Stabilization” for the mortgaged property, effective as of August 18, 2014, which assumed certain capital expenditures will be performed and tenant allowances will be provided to Giant Eagle. At origination of the mortgage loan, the borrower paid $450,000 to Giant Eagle and reserved $169,150 to cover outstanding tenant improvement obligations for Giant Eagle. The “as-is” appraised value for the mortgaged property is $11,250,000.
 
With respect to Loan No. 41, Westwood Square, the Appraised Value ($) represents the “Prospective Market Value Upon Completion” for the mortgaged property, effective as of May 1, 2015, which assumed completion of the necessary capital expenditures for the roof and parking lot areas estimated to be $400,000. At origination of the mortgage loan, the borrower deposited $454,499 in a reserve to cover outstanding capital improvements. The “as-is” appraised value for the mortgaged property is $6,875,000.
 
 
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(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, Grapevine Mills, the mortgage loan is part of a $268,000,000 Whole Loan which is comprised of six pari passu components (Note A-1, Note A-2, Note A-3, Note A-4, Note A-5 and Note A-6). Note A-3 and Note A-4 each have an outstanding principal balance as of the Cut-off Date of $57,500,000 and are being contributed to the JPMBB 2014-C24 trust. Note A-1 and Note A-2 each have an outstanding principal balance as of the Cut-off Date of $40,000,000 and were contributed to the JPMBB 2014-C23 trust. JPMCB is the holder of Note A-5, while Column is the holder of Note A-6. Note A-5 and Note A-6 (collectively with Note A-1 and A-2, the “Grapevine Mills Pari Passu Companion Loans”) each have an outstanding principal balance as of the Cut-off Date of $36,500,000 and are expected to be contributed to one or more future securitized trusts. All loan level metrics are based on the Whole Loan balance.
 
With respect to Loan No. 3, Columbus Square Portfolio, the mortgage loan is part of a $400,000,000 Whole Loan which is comprised of four pari passu components (Note A-1, Note A-2, Note A-3 and Note A-4). Note A-4 (collectively, the “Columbus Square Portfolio Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $96,250,000 and is being contributed to the JPMBB 2014-C24 trust. Note A-1, Note A-2 and Note A-3 (the “Columbus Square Portfolio Pari Passu Companion Loans”) have outstanding principal balances as of the Cut-off Date of $125,000,000, $103,750,000 and $75,000,000, respectively. Note A-1 was contributed to the WFRBS 2014-C22 trust, Note A-2 was contributed to JPMBB 2014-C23 trust and Note A-3 was contributed to the WFRBS 2014-C23 trust. All loan level metrics are based on the Whole Loan balance.
 
With respect to Loan No. 6, 17 State Street, the mortgage loan is part of a $180,000,000 Whole Loan which is comprised of two pari passu components (Note A-1 and Note A-2). Note A-2 has an outstanding principal balance as of the Cut-off Date of $75,000,000 and is being contributed to the JPMBB 2014-C24 trust. Note A-1 (the “17 State Street Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $105,000,000 and was contributed to the JPMBB 2014-C23 trust. All loan level metrics are based on the Whole Loan balance.
   
 
With respect to Loan No. 10, Hilton Houston Post Oak, the mortgage loan is part of an $80,000,000 Whole Loan which is comprised of two pari passu components (Note A-1 and Note A-2). Note A-2 (the “Hilton Houston Post Oak Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $35,000,000 and is being contributed to the JPMBB 2014-C24 trust. Note A-1 (the “Hilton Houston Post Oak Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $45,000,000 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. 13, Canyon Ranch Portfolio, the mortgage loan is part of a $150,000,000 Whole Loan which is comprised of three pari passu components (Note A-1, Note A-2 and Note A-3). Note A-3 (the “Canyon Ranch Portfolio Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $30,000,000 and is being contributed to the JPMBB 2014-C24 trust. Note A-1 has an outstanding principal balance as of the Cut-off Date of $75,000,000 and was contributed to the COMM 2014-UBS5 trust. Note A-2 (collectively with Note A-1, the “Canyon Ranch Portfolio Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $45,000,000 and was contributed to the JPMBB 2014-C23 trust. All loan level metrics are based on the Whole Loan balance.
 
With respect to Loan No. 14, Embassy Suites Kennesaw, the mortgage loan is part of a $34,500,000 Whole Loan which is comprised of one senior component (the “Embassy Suites Kennesaw Mortgage Loan”) and a subordinate component (the “ESK Companion Loan”). The Embassy Suites Kennesaw Mortgage Loan has an outstanding principal balance as of the Cut-off Date of $29,500,000 and is being contributed to the JPMBB 2014-C24 trust. The ESK Companion Loan has an outstanding principal balance as of the Cut-off Date of $5,000,000 and is also being contributed to the JPMBB 2014-C24 trust. Payments of interest and principal, as applicable, received in respect of the ESK Companion Loan will only be available to make distributions in respect of the Class ESK Certificates. All loan level metrics are based on the Embassy Suites Kennesaw Mortgage Loan only and exclude the ESK Companion Loan.
   
(7)
Each number identifies a group of related borrowers.
 
 
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(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 %”).
 
With respect to Loan No. 4, 635 Madison Avenue, the Interest Rate is 4.479167% when extended to full precision.
 
With respect to Loan No.14, Embassy Suites Kennesaw, the Interest Rate is 5.498042372881360% when extended to full precision.
   
(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.
 
With respect to Loan No. 14, Embassy Suites Kennesaw, the mortgage loan amortizes on the principal payment schedule provided in Annex F of the Free Writing Prospectus. As such, the Cut-off Date Balance ($), Maturity/ARD Balance ($), Monthly Debt Service ($), UW NOI DSCR, and UW NCF DSCR all reflect this principal payment schedule and a fixed interest rate of 5.498042372881360%. The amount of monthly debt service shown in this Annex A-1 was calculated using the average of principal and interest payments over the 12 months following the I/O Period of the related mortgage loan.
   
(11)
With respect to Loan No. 17, Holiday Inn French Quarter-Chateau Lemoyne, the mortgage loan has an ARD feature with an anticipated repayment date of October 1, 2024. From and after the anticipated repayment date, the interest rate will increase to the greater of (i) 7.50000% per annum, or (ii) the 10-year swap yield on October 1, 2024 plus 3.00000% per annum, until the final maturity date of November 1, 2044. In no event will the interest rate increase to greater than 9.50000%.
 
With respect to Loan No. 32, Tractor Supply/Fresenius Medical, if the mortgage loan is not paid in full by the anticipated repayment date of October 1, 2019, the outstanding principal balance will accrue interest on and after that date, until the final maturity date of October 1, 2024 at an increased interest rate equal to 3.00000% per annum plus the greater of (i) 4.61000% per annum, or (ii) the five-year swap yield as determined on the anticipated repayment date.
 
With respect to Loan No. 39, Academy Sports - Garland, TX, the mortgage loan has an ARD feature with an anticipated repayment date of October 1, 2024. From and after the anticipated repayment date, the interest rate will increase to the greater of (i) 7.41500% per annum, or (ii) the 10-year swap yield on October 2, 2024 plus 3.00000% per annum, until the final maturity date of January 1, 2029. In no event will the interest rate increase to greater than 9.41500%.
 
With respect to Loan No. 42, Dollar General Portfolio, if the mortgage loan is not paid in full by the anticipated repayment date of July 1, 2021, the outstanding principal balance will accrue interest on and after that date until the final maturity date of July 1, 2044 at an increased interest rate equal to 3.00000% per annum plus the greater of (i) 4.9500% per annum or (ii) the seven-year swap yield as determined on the anticipated repayment date.
   
(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. 1, Grapevine Mills, the lockout period is the earlier of November 1, 2018 or two years after the last securitization of a Grapevine Mills Pari Passu Companion Loan. The prepayment string reflects a lockout period ending two years after the anticipated Closing Date.
   
(13)
With respect to some mortgage loans, historical financial information may not be available due to the when the properties were constructed and/or acquired.
 
With respect to Loan Nos. 5, 8, 12, 32, 39 and 42, Hutch Tower Two, NoBu Station, Arden Park, Tractor Supply/Fresenius Medical, Academy Sports – Garland, TX and Dollar General Portfolio, respectively, the related mortgaged properties are newly constructed and historical financials are not available.
 
 
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With respect to Loan No. 13, Canyon Ranch Portfolio, Occupancy, RevPar, and ADR are based on the 471 available guest nights.
 
With respect to Loan No. 15, Motorola Solutions – Building I & III, historical financials are not available due to the loan sponsor acquiring the mortgaged property through a sale-leaseback from Motorola Solutions, Inc. in October 2013.
 
With respect to Loan No. 18, Watermark Hurstbourne Apartments, the Most Recent NOI is ten months ended April 30, 2014 annualized.
 
With respect to Loan No. 35, Northridge Business Center, the most recent figures are for the five months ended May 31, 2014 annualized.
 
With respect to Loan No. 45, 740 Kifer Road, 2013 figures are for the eight months ended December 31, 2013 annualized.
 
(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 properties are the same.
   
(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.
 
With respect to Loan No. 5, Hutch Tower Two, UW NOI DSCR ($) and UW NCF DSCR ($) are based on the straight-line average contractual rent over the loan term of the sole tenant, Montefiore Medical Center.
   
(16)
With respect to Loan No. 25, Westin Columbus, a portion of the mortgaged property which consists of parking is subject to a ground lease.
 
With respect to Loan No. 49, Hampton Inn Massillon, the collateral consists of two subleases of the original ground lease.
   
(17)
Represents the amount deposited by the borrower 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. 17, Holiday Inn French Quarter-Chateau Lemoyne, the related borrower was required to deposit $7,775,590 in the Initial Capex Reserve to pay for the property improvement plan required by the franchise agreement.
 
With respect to Loan No. 29, Skyview Plaza Shopping Center, the borrower was required to deposit (i) $100,000 for lighting replacement and repairs required in connection with the Giant Eagle premises and (ii) $69,150 for repair, sealing and striping of the rear parking area designated for use by Giant Eagle, into the Upfront Other Reserve. Should the estimate of the cost to complete the lighting replacements and repairs exceed $100,000, then upon the lender’s written request, the borrower will immediately pay a sum equal to 115% of the amount of such estimate, less the $100,000 original Giant Eagle lighting repair deposit.
   
(18)
Represents the monthly amounts required to be deposited by the borrower. 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. 5, Hutch Tower Two, Monthly Insurance Reserve deposit will be $171 and approximately $2,054 was deposited at origination of the mortgage loan for flood insurance. The requirement for the borrower to make monthly deposits into the Insurance Escrow, except for flood insurance, is waived so long as, among other things, no event of default exists and the borrower provides satisfactory evidence the mortgaged property is insured as part of a blanket policy in accordance with the loan documents.
 
With respect to Loan No. 9, Meridian Corporate Center I, in the event that the balance of the replacement reserve is less than $162,500, the borrower will make monthly deposits into the replacement reserve in the amount of $4,001, capped at $325,000. In addition, in the event that the rollover reserve balance is less than $500,000, the borrower will make monthly deposits into the rollover reserve in the amount of $26,679, capped at $1,375,000.
 
 
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With respect to Loan No. 10, Hilton Houston Post Oak, in addition to the regular deposits into the Monthly Capex Reserve, the borrower is also required to deposit a monthly amount reasonably estimated by the lender monthly to complete any work required by the property improvement plan under the franchise agreement. The monthly deposits for the property improvement plan will be waived to the extent the borrower provides evidence of compliance with any property improvement plan requirements. Regular deposits to the Monthly Capex Reserve will be waived to the extent the borrower delivers a letter of credit in the following amount: (i) prior to the end of the 2015 fiscal year, $3,750,000 and (ii) at any time after the end of 2015 fiscal year, 12.0% of gross income from operations for the immediately preceding fiscal year.
 
With respect to Loan No. 13, Canyon Ranch Portfolio, the borrower is required to make monthly deposits of 4.0% of monthly gross revenues for the preceding month into the FF&E Reserve account.
 
With respect to Loan No. 15, Motorola Solutions – Building I & III, Monthly TI/LC Reserve deposit will be (a) $13,459 in the event that and during the continuance of the period Motorola Solutions, Inc.’s senior unsecured corporate credit rating falls below “BB+”, (b) $26,919 in the event that and during the continuance of the period Motorola Solutions, Inc.’s senior unsecured corporate credit rating falls below “B+”. All excess cash flow shall be deposited in the excess cash flow reserve and held as additional security for the mortgage loan upon the occurrence of (i) the date Motorola Solutions, Inc.’s senior unsecured credit rating falls below “B”, (ii) the date Motorola Solutions, Inc. ceases doing business at or vacates the mortgaged property, or (iii) the date that is 36 months prior to the maturity date.
 
 
With respect to Loan No. 17, Holiday Inn French Quarter-Chateau Lemoyne, deposits to the Monthly Capex Reserve will be required commencing in 2019, if, based on the prior year’s capital expenditure report, the ratio of (i) the amounts expended (or escrowed with the manager) for replacements to (ii) gross income from operations for such year, is less than 4.0%.
 
With respect to Loan No. 18, Watermark Hurstbourne Apartments, upon the earliest to occur (i) event of default or (ii) the debt service coverage ratio is less than 1.15x for two consecutive quarters, the borrower will be make monthly deposits into the real estate tax and insurance reserves and $5,693 into the replacement reserve.
 
With respect to Loan No. 19, Meridian Corporate Center II, in the event that the balance of the replacement reserve is less than $150,000, the borrower will make monthly deposits into the replacement reserve in the amount of $4,928, capped at $300,000. In addition, in the event that the rollover reserve balance is less than $250,000, the borrower will make monthly deposits into the rollover reserve in the amount of $24,639, capped at $625,000.
 
With respect to Loan No. 20, 2100 Wharton Street, the borrower deposited $1,049,464 into the TI/LC reserve at origination of the mortgage loan. If the balance of this reserve is less than $375,000 or an event of default has occurred and is continuing, the borrower will be required to make monthly deposits of $18,794 until the balance is again equal to or greater than $750,000.
 
 
With respect to Loan No. 22, Glenbrook Commons, all excess cash will be swept into the rollover reserve upon either Toys R Us, Dunham’s Athleisure or Burlington Coat Factory (i) terminating their respective lease, (ii) giving notice of their intent not to renew their respective lease or failing to renew before the deadline pursuant to their respective lease, (iii) filing for bankruptcy, reorganization or other arrangement pursuant to federal bankruptcy law or any similar federal or state law or (iv) failing to be open and operating for business other than for temporary closures.
 
With respect to Loan No. 23, 1690 New Britain Avenue, in the event that the replacement reserve balance is less than $50,000, the borrower will make monthly deposits into the replacement reserve in the amount of $2,479, capped at $350,000. In addition, in the event that the rollover reserve balance is less than $500,000, the borrower will make monthly deposits into the rollover reserve in the amount of $27,957, capped at $900,000.
 
With respect to Loan No. 26, Meriden Executive Park, in the event that the replacement reserve balance is less than $50,000, the borrower will make monthly deposits into the replacement reserve in the amount of $2,291, capped at $50,000. In addition, in the event that the rollover reserve balance is less than $400,000, the borrower will make monthly deposits into the rollover reserve in the amount of $19,091, capped at $800,000.
 
With respect to Loan No. 28, Churchill Square Shopping Center, in the event that the replacement reserve balance is less than $27,811, the borrower will make monthly deposits into the replacement reserve in the amount of $1,700, capped at $27,811. In addition, in the event that the rollover reserve balance is less than $92,704, the borrower will make monthly deposits into the rollover reserve in the amount of $3,863, capped at $92,704.
 
 
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With respect to Loan No. 31, Wauwatosa Industrial, Monthly TI/LC Reserve will be $2,051, provided, however, that in the event that and during the continuance of the period that Brenntag Great Lakes, LLC’s senior unsecured corporate credit rating falls below “B+”, the borrower will pay monthly deposits of $4,102.
 
With respect to Loan No. 32, Tractor Supply/Fresenius Medical, to the extent that Tractor Supply or Fresenius Medical Care is in occupancy and open to the public for business, the requirement for the borrower to make monthly deposits into the TI/LC reserve is waived.
 
 
With respect to Loan No. 32, Tractor Supply/Fresenius Medical, the borrower will not be required to make monthly deposits into the tax and insurance reserves as long as: (i) with respect to the monthly tax deposit, each lease at the respective property requires the applicable tenant, Tractor Supply and Fresenius Medical Care (the “Specified Tenant”), to make payments of taxes directly to the applicable government authority, (ii) with respect to the monthly insurance deposit, the Specified Tenant maintains a qualifying policy in amounts and coverages which satisfy the lender’s requirements, and (iii) the Specified Tenant maintains an investment grade rating. Notwithstanding the foregoing, the borrower will not be required to make monthly deposits into the insurance reserve as set forth above, provided that, (i) no event of default has occurred and is continuing, (ii) the policies maintained by the borrower are part of a blanket policy, (iii) the premiums for all locations covered under the blanket policy are not financed or paid in installments, (iv) the premium is paid for all locations covered under such policy for at least a twelve-month policy period and (v) the borrower provides paid receipts evidencing such payment.
 
With respect to Loan No. 33, Bennington Square Apartments, the borrower deposited $150,000 into the replacement reserve at origination of the mortgage loan. If the balance of this reserve is less than $78,250, the borrower will be required to make monthly deposits of $6,521 until the balance is again equal to or greater than $78,250.
 
 
With respect to Loan No. 34, Racine Center, if the lender approves the borrower’s new improvements plans, which consist of construction of a self-storage facility located on vacant land behind the current improvements and/or a restaurant to be located on certain other vacant land on the mortgaged property, the borrower will be required to deposit 125% of the total unpaid costs into a new improvements reserve. In addition, the borrower deposited $250,000 into a parking easement reserve at origination of the mortgage loan to ensure that funds are available if the borrower is required to make certain contribution payments to the costs of maintaining and renovating a parking area shared with the adjacent property owner and encumbered by a certain parking easement. If at any time the cost of the parking lot renovation is estimated to exceed $1.0 million, the borrower is required to deposit into the parking easement reserve an amount equal to 25% of the amount by which the estimated cost of the parking lot renovation exceeds $1.0 million.
 
With respect to Loan No. 36, Hyatt Place – Nashville, Monthly Capex Reserve will be 1/12th of 4% of the greater of the (i) total gross income from operations for the immediately preceding calendar year and (ii) total projected gross income from operations set forth in the approved annual budget for the immediately following calendar year.
 
With respect to Loan No. 38, Wichita Square, if the net sales proceeds for the release of surplus land, as described in the loan documents, are more than $100,000, the borrower will be required to deposit such net sale proceeds into the TI/LC Reserve account.
 
 
With respect to Loan No. 39, Academy Sports – Garland, TX, the Monthly RE Tax Reserve and Monthly Ins. Reserve are waived provided that, among other things (i) the sole tenant at the mortgaged property, Academy Sports, is required to pay the taxes directly to the appropriate public office, (ii) the tenant’s lease remains in full force and effect, (iii) the borrower provides the lender with satisfactory evidence that taxes have been paid and the mortgaged property is insured in accordance with the mortgage loan documents, and (iv) the tenant is required to maintain insurance coverage under its lease consistent with the requirements set forth in the mortgage loan documents.
 
With respect to Loan No. 42, Dollar General Portfolio, so long as Dollar General maintains an investment grade rating, the borrower is not required to make the monthly capital expenditure reserve deposit of $453. In addition, so long as (i) Dollar General maintains an investment grade rating, (ii) no “trigger period” is then in effect, as described in the loan documents, and (iii) no event of default under the mortgage loan is then continuing, the borrower is not required to make the monthly insurance reserve deposit.
 
With respect to Loan No. 49, Hampton Inn Massillon, in addition to the regular deposits into the Monthly Capex Reserve, the borrower is also required to deposit an amount reasonably estimated by the lender monthly to complete any work required by any property improvement plan under a franchise agreement.
 
 
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With respect to Loan No. 51, Rite Aid, the Monthly RE Tax Reserve and Monthly Ins. Reserve are waived provided that, among other things (i) the sole tenant at the mortgaged property, Rite Aid, occupies one or more parcels which constitute a separate tax lot and is required to pay the taxes directly to the appropriate public office, (ii) the tenant’s lease remains in full force and effect, (iii) the borrower provides the lender with satisfactory evidence that taxes have been paid and the mortgaged property is insured in accordance with the mortgage loan documents, and (iv) the tenant is required to maintain insurance coverage pursuant to the lease.
   
(19)
Represents a cap on the amount required to be deposited by the borrower 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. 15, Motorola Solutions – Building I & III, upon the occurrence of a cash sweep event caused solely by the occurrence of the date Motorola Solutions, Inc. ceases business operations at the mortgaged property, goes dark, vacates or abandons the mortgaged property, all excess cash flow will be deposited with the lender in the excess cash flow reserve and the aggregate deposit amount of the rollover reserve and excess cash flow reserve will be capped at $5,168,400.
 
With respect to Loan No. 31, Wauwatosa Industrial, upon the occurrence of a cash sweep event caused solely by the occurrence of the date Brenntag Great Lakes, LLC ceases business operations at the mortgaged property, goes dark, vacates or abandons the mortgaged property or the date that is twelve months prior to the then applicable expiration date of the Brenntag Great Lakes, LLC lease, unless prior to such date the borrower has satisfied the requirements of the cure of a Brenntag Great Lakes, LLC lease expiration trigger event as disclosed in the loan documents, all excess cash flow will be deposited with the lender in the major tenant rollover reserve and the aggregate deposit amount of the rollover reserve and the major tenant rollover reserve will be capped at $850,000.
 
With respect to Loan No. 37, The Carrier Building, upon the occurrence of a major tenant trigger period caused solely by the occurrence of the date Carrier Enterprises, LLC ceases business operations at the property, goes dark, vacates or abandons the property or the occurrence of the date that is twelve months prior to the then applicable expiration date of the Carrier Enterprises, LLC lease unless, prior to such date the borrower has satisfied the requirements of the cure of a Carrier Enterprises, LLC lease expiration trigger event as disclosed in the loan documents, all excess cash flow will be deposited with the lender in the major tenant TI/LC Reserve and the aggregate deposit amount of the rollover reserve and the major tenant rollover reserve will be capped at $500,000.
   
(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.
 
With respect to Loan No. 38, Wichita Square, the 4th Largest Tenant, Chick-fil-A, is subject to a ground lease with the borrower.
   
(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.
 
With respect to Loan No. 4, 635 Madison Avenue, the Largest Tenant, Reproductive Medical Associates consists of two tenants, Hayden Properties L.L.C. (11,277 square feet) and Gilbert Properties L.L.C. (14,502 square feet), both of which are guaranteed by the same individuals.
 
With respect to Loan No. 20, 2100 Wharton Street, the 2nd Largest Tenant, County of Allegheny – Aging, occupies 34,423 square feet, and the 4th Largest Tenant, County of Allegheny – Youth, occupies 17,723 square feet.
   
(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.
 
With respect to Loan No. 3, Columbus Square Portfolio, the 3rd Largest Tenant, the Mandell School, may terminate its lease by providing four months’ prior notice and payment of a termination fee in an amount equal to three years of rent payments.
 
 
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With respect to Loan No. 6, 17 State Street, the 2nd Largest Tenant by square footage, Speechworks, has subleased its space to IP Soft.
 
With respect to Loan No. 9, Meridian Corporate Center I, the Largest Tenant, Parexel, has a one-time right to terminate its lease with respect to 24,636 square feet of its total leased area of 92,029 square feet effective August 31, 2020 by delivering notice no later than March 1, 2020. In addition, the 2nd Largest Tenant, Health Decisions, subleases 44,009 square feet to BASF Corporation. In addition, Health Decisions has a one-time right to terminate their lease effective June 30, 2016 by delivering notice no later than June 30, 2015.
 
With respect to Loan No. 11, Oakland Square and Oakland Plaza, the 2nd Largest Tenant at the Oakland Square property, Jubilee Limited Partnership (d/b/a DSW) has sublet about half of its space to TJ Maxx companies. DSW continues to pay rent on the full amount due on the entire space that they originally leased in the amount of 50,500 square feet under the terms of their lease agreement.
 
With respect to Loan No. 19, Meridian Corporate Center II, the 3rd Largest Tenant, Spoonflower Inc., may terminate its lease on April 30, 2016 by giving 12 months’ notice. The lender underwrote Spoonflower Inc.’s expiration date as April 30, 2016.
 
With respect to Loan No. 20, 2100 Wharton Street, the 2nd Largest Tenant, County of Allegheny – Aging, and the 4th Largest Tenant, County of Allegheny – Youth each have the right to terminate its respective lease. With respect to County of Allegheny – Aging lease, the tenant has the right to terminate its lease in the event the tenant loses its appropriation program funding upon prior written notice either (i) 270 days prior to the early termination date if the tenant terminates the lease for one-half of the premises or more or (ii) 180 days prior to the early termination date if the tenant terminates the lease for less than one-half of the premises. With respect to the County of Allegheny – Youth lease, the tenant has the right to terminate its lease on the last day of the 72nd month, 84th month, 108th month, 120th month or the 132nd month upon six months’ prior written notice.
 
With respect to Loan No. 26, Meriden Executive Park, the 5th Largest Tenant, FBI (GSA), may terminate its lease in whole or in part by giving at least 90 days’ notice.
 
With respect to Loan No. 29, Skyview Plaza Shopping Center, the 3rd Largest Tenant by square footage, Sears Retail Dealer Store, has the right to terminate its lease with 60 days’ notice, which must be received within 20 days’ of relocation notice, if unwilling to be relocated within the center. The 4th Largest Tenant by square footage, Radio Shack, has the right to terminate its lease with 60 days’ notice, if unwilling to be relocated within the center.
 
 
With respect to Loan No. 35, Northridge Business Center, the Largest Tenant, RTS Leasing, may terminate its lease, effective 90 days after notice is given, if laws are passed or there are court rulings that prevent the tenant from operating its business over the internet and tenant gives notice between May 1, 2016 and August 31, 2017.
 
With respect to Loan No. 46, Harrodsburg Marketplace, the 2nd Largest Tenant by square footage, Hibbett Sporting Goods, has the right to terminate its lease if gross sales do no exceed $625,000 during the 3rd full lease year or $750,000 during the 6th full lease year. The 3rd Largest Tenant by square footage, Cato, has the right to terminate its lease with twelve months’ notice.
   
(23)
In certain cases, the Principal / Carveout Guarantor name was shortened for spacing purposes.
 
With respect to Loan No. 1, Grapevine Mills, there is no Carveout Guarantor, and the borrower is the sole party responsible for any violations or breaches of the non-recourse carveout provisions in the mortgage loan documents.
   
(24)
The classification of the lockbox types is described in the 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 the 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. 4, 635 Madison Avenue, at the mortgage loan origination, JPMCB provided a $35,000,000 mezzanine loan, which is ultimately secured by a 100% pledge of the direct or equity interest in the
 
 
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  related borrower. See “Description of the Mortgage Loans – Additional Debt” and Annex A-3 in the Free Writing Prospectus.
 
With respect to Loan No. 6, 17 State Street, at the mortgage loan origination, RREEF Spezial Invest GmbH provided a $40,000,000 mezzanine loan, which is ultimately secured by a 100% pledge of the direct or equity interest in the related borrower. This mezzanine loan has been cross-defaulted with certain other subordinate financing. See “Description of the Mortgage Loans – Additional Debt” and Annex A-3 in the Free Writing Prospectus.
 
 
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