FWP 1 n4935_x7-a1.htm ANNEX A-1

 

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-280318-02
     

 

Free Writing Prospectus dated May 22, 2025

The depositor has filed a registration statement (including a prospectus) with the SEC (SEC File No. 333-280318) 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 entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling (800) 408-1016 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.

The information in this file (the “File”) is an electronic copy of the information set forth in the Annex titled "Certain Characteristics of the Mortgage Loans and Mortgaged Properties" to the prospectus. This File does not contain all information that is required to be included in the prospectus. This File should be reviewed only in conjunction with the entire prospectus. Prospective investors are advised to read carefully, and should rely on, the 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in this File supersedes any contrary information contained in any prior File relating to the certificates and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.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 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.

   

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance % of Loan Balance Mortgage Loan Originator Mortgage Loan Seller Related Group Crossed Group Address
              1 1      
1 Loan 6, 9 1 Washington Square 9.98% 100.0% MSBNA/JPMCB MSMCH/JPMCB NAP NAP 9585 Southwest Washington Square Road
2 Loan 6 1 Discovery Business Center 9.98% 100.0% BANA BANA NAP NAP 32-49 Discovery, 6501-6591 Irvine Center Drive and 15201-15480 Laguna Canyon Road
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio 9.98%   JPMCB JPMCB NAP NAP Various
3.01 Property   1 The Home Depot 0.8% 8.3%         18700 Meyers Road
3.02 Property   1 Westown Square 0.7% 7.2%         10604 Lorain Avenue
3.03 Property   1 Rodney Village Shopping Center 0.6% 6.5%         1678 South Governors Avenue
3.04 Property   1 Mattatuck Plaza 0.6% 5.9%         650 and 670 Wolcott Street
3.05 Property   1 Athens Town Center 0.6% 5.9%         601 US Highway 72 West
3.06 Property   1 Northeast Plaza 0.5% 5.5%         1018 Summit Avenue
3.07 Property   1 Hungarybrook Shopping Center 0.5% 5.1%         1282 Concord Avenue
3.08 Property   1 Plaza North Shopping Center 0.5% 5.1%         1800 Fort Harrison Road
3.09 Property   1 Henderson Marketplace 0.4% 4.3%         901 South Beckford Drive
3.10 Property   1 Ahoskie Commons 0.4% 4.3%         1400 East Memorial Drive
3.11 Property   1 Cummings Park Plaza 0.4% 4.1%         2220 North Church Street
3.12 Property   1 Glenwood Shopping Plaza 0.4% 3.9%         2002-2194 Glenwood Shopping Plaza
3.13 Property   1 Boulevard Plaza 0.4% 3.5%         1301 Ward Boulevard
3.14 Property   1 Summer Commons 0.3% 3.5%         5124 Summer Avenue
3.15 Property   1 Centre Plaza 0.3% 3.3%         1115 North Charles G. Seivers Boulevard
3.16 Property   1 Market at Riverdale Bend 0.3% 2.8%         7110 - 7136 Winchester Road
3.17 Property   1 Cordele Corners 0.3% 2.7%         1407-1411 East 16th Avenue
3.18 Property   1 Anniston Plaza 0.3% 2.7%         3230 McClellan Boulevard
3.19 Property   1 Meeting Square 0.3% 2.7%         125 West Broadway Boulevard
3.20 Property   1 Northland Plaza 0.3% 2.6%         120 West Northern Avenue
3.21 Property   1 Homosassa Square 0.2% 2.4%         4500 South Suncoast Boulevard
3.22 Property   1 Laurens Plaza 0.2% 2.4%         917 East Main Street
3.23 Property   1 Pelham Plaza 0.2% 2.2%         804 Pelham Road South
3.24 Property   1 Plank Plaza 0.2% 1.6%         5963 Plank Road
3.25 Property   1 Collins Plaza 0.1% 1.5%         1803 James L Redman Parkway 
4 Loan 6 1 Ansonia Commercial Condominium 9.98% 100.0% MSBNA MSMCH NAP NAP 2109 Broadway
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio 9.97%   JPMCB JPMCB NAP NAP Various
5.01 Property   1 740 West End Avenue 3.8% 38.4%         740 West End Avenue
5.02 Property   1 217 East 22nd Street 0.9% 8.7%         217 East 22nd Street
5.03 Property   1 106 East 7th Street 0.7% 6.7%         106 East 7th Street
5.04 Property   1 328 East 89th Street 0.7% 6.6%         328 East 89th Street
5.05 Property   1 327 East 89th Street 0.6% 6.4%         327 East 89th Street
5.06 Property   1 640 East 14th Street 0.6% 5.9%         640 East 14th Street
5.07 Property   1 239 East 33rd Street 0.5% 5.5%         239 East 33rd Street
5.08 Property   1 638 East 14th Street 0.4% 4.4%         638 East 14th Street
5.09 Property   1 426 East 77th Street 0.4% 4.0%         426 East 77th Street
5.10 Property   1 67 Saint Marks Place 0.4% 3.9%         67 Saint Marks Place
5.11 Property   1 326 East 89th Street 0.4% 3.7%         326 East 89th Street
5.12 Property   1 237 East 33rd Street 0.3% 3.5%         237 East 33rd Street
5.13 Property   1 324 East 89th Street 0.2% 2.4%         324 East 89th Street
6 Loan 6, 8 1 Marriott World Headquarters 9.95% 100.0% BANA/MSBNA/JPMCB BANA/MSMCH/JPMCB NAP NAP 7750 Wisconsin Avenue
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op 7.1% 100.0% BANA BANA NAP NAP 10 West 66th Street

 

 

 

 A-1-1 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance % of Loan Balance Mortgage Loan Originator Mortgage Loan Seller Related Group Crossed Group Address
              1 1      
8 Loan 6, 7, 16 1 VISA Global HQ 6.7% 100.0% BANA BANA NAP NAP 300 Toni Stone Xing
9 Loan   1 Foothills Park Place Shopping Center 4.1% 100.0% WFB WFB NAP NAP 4802-5030 East Ray Road
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. 2.4% 100.0% NCCB NCB NAP NAP 224-01 Springfield Avenue, 78-05/78-19
Springfield Boulevard, 78-14 Cloverdale
Boulevard, 229-01/229-11 Grand Central
Parkway and 230-01/230-15 Grand Central
Parkway
11 Loan 9 2 Southern 2-Pack 1.8%   BANA BANA NAP NAP Various
11.01 Property   1 Pine Needle Trails 1.0% 58.1%         1604-1680 Pine Needle Trail, 2804-2821
Pine Creek Trail, 2725-2751 Aenon Church
Road, 6001 Sullivan Road
11.02 Property   1 Cottages at Remington Park 0.7% 41.9%         928 Remington Avenue
12 Loan 23 1 Marina's Edge 1.6% 100.0% MSBNA MSMCH NAP NAP 10-50 Davenport Avenue
13 Loan   1 1801 - 1815 Westchester Avenue 1.6% 100.0% MSBNA MSMCH NAP NAP 1801-1815 Westchester Avenue
14 Loan 5 1 128 MacDougal Street 1.4% 100.0% MSBNA MSMCH NAP NAP 128 MacDougal Street
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. 1.2% 100.0% NCCB NCB NAP NAP 123-25 82nd Avenue a/k/a 120-72/90 Queens Boulevard
16 Loan   1 StorQuest – Tempe 1.1% 100.0% BANA BANA Group 1 NAP 1835 East Warner Road
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  1.0% 100.0% NCCB NCB NAP NAP 319 East 50th Street
18 Loan 23 1 250-255 Central Avenue 1.0% 100.0% MSBNA MSMCH NAP NAP 250-255 Central Avenue
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. 0.8% 100.0% NCCB NCB NAP NAP 133-159 Smith Street
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. 0.8% 100.0% NCCB NCB NAP NAP 176 Seely Street a/k/a 166/176 Seeley Street
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. 0.7% 100.0% NCCB NCB NAP NAP 16 Main Street
22 Loan 23 1 495 Odell Avenue 0.7% 100.0% MSBNA MSMCH NAP NAP 495 Odell Avenue
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  0.7% 100.0% NCB NCB NAP NAP 2201 & 2221 Palmer Avenue
24 Loan   1 StorQuest – Tahoe Vista 0.7% 100.0% BANA BANA Group 1 NAP 590 National Avenue
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. 0.7% 100.0% NCCB NCB NAP NAP 3176 Decatur Avenue
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. 0.7% 100.0% NCCB NCB NAP NAP 12 Westchester Avenue
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  0.6% 100.0% NCCB NCB NAP NAP 333 East 53rd Street
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. 0.6% 100.0% NCCB NCB NAP NAP 360 West 21st Street
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  0.5% 100.0% NCB NCB NAP NAP 2835 Webb Avenue
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. 0.5% 100.0% NCCB NCB NAP NAP 585 and 587 McLean Avenue
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. 0.4% 100.0% NCCB NCB NAP NAP 3206 Fairfield Avenue
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. 0.3% 100.0% NCCB NCB NAP NAP 25 Chapel Place
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. 0.3% 100.0% NCB NCB NAP NAP 675 Route 6
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. 0.2% 100.0% NCCB NCB NAP NAP 30 Bond Street

 

 

 A-1-2 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name City County State Zip Code General Property Type Detailed Property Type Year Built Year Renovated Number
of Units
Unit of
Measure
Loan Per
Unit ($)
Original
Balance ($)
                            5 5, 6  
1 Loan 6, 9 1 Washington Square Portland Washington OR 97223 Retail Super Regional Mall 1974, 2005 1995, 2008, 2018-2019 994,568 SF 341.86 49,000,000
2 Loan 6 1 Discovery Business Center Irvine Orange CA 92618 Office Suburban 2000-2007 2023 1,287,820 SF 116.48 49,000,000
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio Various Various Various Various Retail Various Various Various 3,424,574 SF 46.72 49,000,000
3.01 Property   1 The Home Depot Detroit Wayne MI 48235 Retail Single Tenant 1998 2002 139,056 SF   4,091,194
3.02 Property   1 Westown Square Cleveland Cuyahoga OH 44111 Retail Anchored 1988 2013 176,761 SF   3,549,438
3.03 Property   1 Rodney Village Shopping Center Dover Kent DE 19904 Retail Anchored 1960 2004 213,468 SF   3,186,531
3.04 Property   1 Mattatuck Plaza Waterbury New Haven CT 06705 Retail Anchored 1978, 1979, 2003 2009 147,010 SF   2,908,456
3.05 Property   1 Athens Town Center Athens Limestone AL 35611 Retail Anchored 1988 NAP 209,124 SF   2,887,325
3.06 Property   1 Northeast Plaza Greensboro Guilford NC 27405 Retail Anchored 1959 2000 111,296 SF   2,680,300
3.07 Property   1 Hungarybrook Shopping Center Henrico Henrico VA 23228 Retail Anchored 1988 NAP 87,190 SF   2,483,994
3.08 Property   1 Plaza North Shopping Center Terre Haute Vigo IN 47804 Retail Anchored 1966 1997 261,418 SF   2,476,950
3.09 Property   1 Henderson Marketplace Henderson Vance NC 27536 Retail Anchored 1991 1994 89,100 SF   2,128,438
3.10 Property   1 Ahoskie Commons Ahoskie Hertford NC 27910 Retail Anchored 1987 NAP 193,653 SF   2,122,925
3.11 Property   1 Cummings Park Plaza Burlington Alamance NC 27217 Retail Anchored 1963 NAP 200,253 SF   2,006,244
3.12 Property   1 Glenwood Shopping Plaza Oneida Madison NY 13421 Retail Anchored 1989 NAP 218,861 SF   1,931,825
3.13 Property   1 Boulevard Plaza Wilson Wilson NC 27893 Retail Anchored 1988 NAP 108,568 SF   1,719,594
3.14 Property   1 Summer Commons Memphis Shelby TN 38122 Retail Anchored 1974 2008 139,785 SF   1,698,463
3.15 Property   1 Centre Plaza Clinton Anderson TN 37716 Retail Anchored 1989 NAP 101,642 SF   1,630,475
3.16 Property   1 Market at Riverdale Bend Memphis Shelby TN 38125 Retail Anchored 1998, 2003 NAP 157,695 SF   1,365,569
3.17 Property   1 Cordele Corners Cordele Crisp GA 31015 Retail Anchored 1986 NAP 120,868 SF   1,337,394
3.18 Property   1 Anniston Plaza Anniston Calhoun AL 36201 Retail Anchored 1965 NAP 129,565 SF   1,305,544
3.19 Property   1 Meeting Square Jefferson City Jefferson TN 37760 Retail Anchored 1984 NAP 94,345 SF   1,302,481
3.20 Property   1 Northland Plaza Lima Allen OH 45801 Retail Anchored 1960 2003 170,037 SF   1,283,800
3.21 Property   1 Homosassa Square Homosassa Springs Citrus FL 34446 Retail Anchored 1981 NAP 84,765 SF   1,167,731
3.22 Property   1 Laurens Plaza Laurens Laurens SC 29360 Retail Anchored 1989 NAP 97,946 SF   1,157,013
3.23 Property   1 Pelham Plaza Jacksonville Calhoun AL 36265 Retail Anchored 1974 NAP 72,430 SF   1,061,463
3.24 Property   1 Plank Plaza Baton Rouge East Baton Rouge LA 70805 Retail Anchored 1967 NAP 62,280 SF   784,306
3.25 Property   1 Collins Plaza Plant City Hillsborough FL 33563 Retail Anchored 1989 NAP 37,458 SF   732,550
4 Loan 6 1 Ansonia Commercial Condominium New York New York NY 10023 Mixed Use Office/Retail 1904 NAP 115,420 SF 462.66 49,000,000
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio New York New York NY Various Multifamily Various Various Various 284 Units 175,803.83 49,000,000
5.01 Property   1 740 West End Avenue New York New York NY 10025 Multifamily High Rise 1915 NAP 103 Units   18,806,207
5.02 Property   1 217 East 22nd Street New York New York NY 10010 Multifamily Mid Rise 1920 NAP 35 Units   4,265,708
5.03 Property   1 106 East 7th Street New York New York NY 10009 Multifamily Mid Rise 1900 1985, 2024-2025 12 Units   3,264,194
5.04 Property   1 328 East 89th Street New York New York NY 10128 Multifamily Mid Rise 1920 NAP 10 Units   3,227,101
5.05 Property   1 327 East 89th Street New York New York NY 10128 Multifamily Mid Rise 1920 2022-2023 10 Units   3,152,914
5.06 Property   1 640 East 14th Street New York New York NY 10009 Multifamily Mid Rise 1920 NAP 20 Units   2,893,263
5.07 Property   1 239 East 33rd Street New York New York NY 10016 Multifamily Mid Rise 1925 NAP 19 Units   2,670,704
5.08 Property   1 638 East 14th Street New York New York NY 10009 Multifamily Mid Rise 1920 NAP 20 Units   2,151,400
5.09 Property   1 426 East 77th Street New York New York NY 10075 Multifamily Mid Rise 1910 NAP 15 Units   1,965,935
5.10 Property   1 67 Saint Marks Place New York New York NY 10003 Multifamily Mid Rise 1900 NAP 10 Units   1,891,749
5.11 Property   1 326 East 89th Street New York New York NY 10128 Multifamily Mid Rise 1920 NAP 10 Units   1,817,562
5.12 Property   1 237 East 33rd Street New York New York NY 10016 Multifamily Mid Rise 1926 1957 10 Units   1,706,283
5.13 Property   1 324 East 89th Street New York New York NY 10128 Multifamily Mid Rise 1920 NAP 10 Units   1,186,980
6 Loan 6, 8 1 Marriott World Headquarters Bethesda Montgomery MD 20814 Office CBD 2022 NAP 743,448 SF 337.94 49,000,000
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op New York New York NY 10023 Multifamily Cooperative 1969 NAP 270 Units 129,629.63 35,000,000

 

 

 

 

 A-1-3 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name City County State Zip Code General Property Type Detailed Property Type Year Built Year Renovated Number
of Units
Unit of
Measure
Loan Per
Unit ($)
Original
Balance ($)
                            5 5, 6  
8 Loan 6, 7, 16 1 VISA Global HQ San Francisco San Francisco CA 94158 Office CBD 2023 NAP 320,658 SF 695.44 33,000,000
9 Loan   1 Foothills Park Place Shopping Center Phoenix Maricopa AZ 85044 Retail Shadow Anchored 1990 NAP 126,460 SF 158.15 20,000,000
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. Bayside Queens NY 11364 Multifamily Cooperative 1950 2005 549 Units 21,819.43 12,000,000
11 Loan 9 2 Southern 2-Pack Various Various Various Various Multifamily Garden Various NAP 70 Units 123,571.43 8,650,000
11.01 Property   1 Pine Needle Trails Tallahassee Leon FL 32310 Multifamily Garden 1974, 2020-2024 NAP 46 Units   5,025,000
11.02 Property   1 Cottages at Remington Park Thomasville Thomas GA 31792 Multifamily Garden 2024 NAP 24 Units   3,625,000
12 Loan 23 1 Marina's Edge New Rochelle Westchester NY 10805 Multifamily Cooperative 1951 NAP 211 Units 37,914.69 8,000,000
13 Loan   1 1801 - 1815 Westchester Avenue Bronx Bronx NY 10472 Mixed Use Retail/Industrial 1928 NAP 21,798 SF 361.01 7,875,000
14 Loan 5 1 128 MacDougal Street New York New York NY 10012 Mixed Use Multifamily/Retail 1893 1966 20 Units 355,000.00 7,100,000
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. Kew Gardens Queens NY 11415 Multifamily Cooperative 1951 2022 107 Units 56,057.94 6,000,000
16 Loan   1 StorQuest – Tempe Tempe Maricopa AZ 85284 Self Storage Self Storage 1997 NAP 52,540 SF 98.97 5,200,000
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  New York New York NY 10022 Multifamily Cooperative 1931 2014 110 Units 43,181.82 4,750,000
18 Loan 23 1 250-255 Central Avenue Lawrence Nassau NY 11559 Multifamily Cooperative 1947 NAP 65 Units 72,307.69 4,700,000
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. Freeport Nassau NY 11520 Multifamily Cooperative 1953 2007 77 Units 49,313.77 3,800,000
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. Brooklyn Kings NY 11218 Multifamily Cooperative 1938 2005 54 Units 70,198.62 3,800,000
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. East Rockaway Nassau NY 11518 Multifamily Cooperative 1959 2016 72 Units 50,000.00 3,600,000
22 Loan 23 1 495 Odell Avenue Yonkers Westchester NY 10703 Multifamily Cooperative 1964 NAP 96 Units 36,387.06 3,500,000
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  New Rochelle Westchester NY 10801 Multifamily Cooperative 1966 2004, 2017 126 Units 27,710.31 3,500,000
24 Loan   1 StorQuest – Tahoe Vista Tahoe Vista Placer CA 96148 Self Storage Self Storage 1999 NAP 17,895 SF 190.00 3,400,000
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. Bronx Bronx NY 10467 Multifamily Cooperative 1960 2004 63 Units 50,752.63 3,200,000
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. White Plains Westchester NY 10601 Multifamily Cooperative 1953 2005 75 Units 42,630.95 3,200,000
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  New York New York NY 10022 Multifamily Cooperative 1930 2018 132 Units 23,806.10 3,150,000
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. New York New York NY 10011 Multifamily Cooperative 1896 2015 50 Units 60,000.00 3,000,000
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  Bronx Bronx NY 10468 Multifamily Cooperative 1957 1995 73 Units 35,616.44 2,600,000
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. Yonkers Westchester NY 10704 Multifamily Cooperative 1953 2004 41 Units 56,084.11 2,300,000
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. Bronx Bronx NY 10463 Multifamily Cooperative 1953 2010 55 Units 36,275.75 2,000,000
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. Great Neck Nassau NY 11021 Multifamily Cooperative 1965 2000 40 Units 37,500.00 1,500,000
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. Mahopac Putnam NY 10541 Multifamily Cooperative 1963, 1976 2001 72 Units 19,411.73 1,400,000
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. New York New York NY 10012 Multifamily Cooperative 1892 2016 6 Units 168,597.42 1,015,000

 

 

 A-1-4 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Cut-off Date Balance ($) Maturity/ARD Balance ($) Interest
Rate %
Administrative
 Fee Rate %
Net Mortgage Rate % Monthly Debt Service (P&I) ($) Monthly Debt Service (IO) ($) Annual Debt Service (P&I) ($) Annual Debt Service (IO) ($) Amortization Type
              7 3            
1 Loan 6, 9 1 Washington Square 49,000,000 49,000,000 5.57700% 0.025510% 5.551490% NAP 230,890.38 NAP 2,770,684.56 Interest Only
2 Loan 6 1 Discovery Business Center 49,000,000 49,000,000 5.98700% 0.026760% 5.960240% NAP 247,864.57 NAP 2,974,374.84 Interest Only
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio 49,000,000 49,000,000 6.35000% 0.025510% 6.324490% NAP 262,892.94 NAP 3,154,715.28 Interest Only
3.01 Property   1 The Home Depot 4,091,194 4,091,194                
3.02 Property   1 Westown Square 3,549,438 3,549,438                
3.03 Property   1 Rodney Village Shopping Center 3,186,531 3,186,531                
3.04 Property   1 Mattatuck Plaza 2,908,456 2,908,456                
3.05 Property   1 Athens Town Center 2,887,325 2,887,325                
3.06 Property   1 Northeast Plaza 2,680,300 2,680,300                
3.07 Property   1 Hungarybrook Shopping Center 2,483,994 2,483,994                
3.08 Property   1 Plaza North Shopping Center 2,476,950 2,476,950                
3.09 Property   1 Henderson Marketplace 2,128,438 2,128,438                
3.10 Property   1 Ahoskie Commons 2,122,925 2,122,925                
3.11 Property   1 Cummings Park Plaza 2,006,244 2,006,244                
3.12 Property   1 Glenwood Shopping Plaza 1,931,825 1,931,825                
3.13 Property   1 Boulevard Plaza 1,719,594 1,719,594                
3.14 Property   1 Summer Commons 1,698,463 1,698,463                
3.15 Property   1 Centre Plaza 1,630,475 1,630,475                
3.16 Property   1 Market at Riverdale Bend 1,365,569 1,365,569                
3.17 Property   1 Cordele Corners 1,337,394 1,337,394                
3.18 Property   1 Anniston Plaza 1,305,544 1,305,544                
3.19 Property   1 Meeting Square 1,302,481 1,302,481                
3.20 Property   1 Northland Plaza 1,283,800 1,283,800                
3.21 Property   1 Homosassa Square 1,167,731 1,167,731                
3.22 Property   1 Laurens Plaza 1,157,013 1,157,013                
3.23 Property   1 Pelham Plaza 1,061,463 1,061,463                
3.24 Property   1 Plank Plaza 784,306 784,306                
3.25 Property   1 Collins Plaza 732,550 732,550                
4 Loan 6 1 Ansonia Commercial Condominium 49,000,000 49,000,000 5.96000% 0.026760% 5.933240% NAP 246,746.76 NAP 2,960,961.12 Interest Only
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio 48,929,722 37,284,876 5.38900% 0.025510% 5.363490% 297,663.41 NAP 3,571,960.92 NAP Amortizing Balloon
5.01 Property   1 740 West End Avenue 18,779,235 14,309,941                
5.02 Property   1 217 East 22nd Street 4,259,590 3,245,845                
5.03 Property   1 106 East 7th Street 3,259,512 2,483,777                
5.04 Property   1 328 East 89th Street 3,222,472 2,455,552                
5.05 Property   1 327 East 89th Street 3,148,392 2,399,103                
5.06 Property   1 640 East 14th Street 2,889,113 2,201,529                
5.07 Property   1 239 East 33rd Street 2,666,874 2,032,181                
5.08 Property   1 638 East 14th Street 2,148,315 1,637,035                
5.09 Property   1 426 East 77th Street 1,963,115 1,495,911                
5.10 Property   1 67 Saint Marks Place 1,889,035 1,439,462                
5.11 Property   1 326 East 89th Street 1,814,956 1,383,012                
5.12 Property   1 237 East 33rd Street 1,703,836 1,298,338                
5.13 Property   1 324 East 89th Street 1,185,277 903,192                
6 Loan 6, 8 1 Marriott World Headquarters 48,853,090 41,026,162 5.49100% 0.026760% 5.464240% 277,939.99 NAP 3,335,279.88 NAP Amortizing Balloon
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op 35,000,000 35,000,000 5.23500% 0.026760% 5.208240% NAP 154,808.16 NAP 1,857,697.92 Interest Only

 

 

 

 A-1-5 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Cut-off Date Balance ($) Maturity/ARD Balance ($) Interest
Rate %
Administrative
 Fee Rate %
Net Mortgage Rate % Monthly Debt Service (P&I) ($) Monthly Debt Service (IO) ($) Annual Debt Service (P&I) ($) Annual Debt Service (IO) ($) Amortization Type
              7 3            
8 Loan 6, 7, 16 1 VISA Global HQ 33,000,000 33,000,000 5.50600% 0.026760% 5.479240% NAP 153,517.99 NAP 1,842,215.88 Interest Only - ARD
9 Loan   1 Foothills Park Place Shopping Center 20,000,000 20,000,000 7.36500% 0.054260% 7.310740% NAP 124,454.86 NAP 1,493,458.32 Interest Only
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. 11,978,870 10,246,078 6.17000% 0.103010% 6.066990% 73,262.83 NAP 879,153.96 NAP Amortizing Balloon
11 Loan 9 2 Southern 2-Pack 8,650,000 8,650,000 7.00700% 0.026760% 6.980240% NAP 51,210.30 NAP 614,523.60 Interest Only
11.01 Property   1 Pine Needle Trails 5,025,000 5,025,000                
11.02 Property   1 Cottages at Remington Park 3,625,000 3,625,000                
12 Loan 23 1 Marina's Edge 8,000,000 8,000,000 5.97000% 0.026760% 5.943240% NAP 40,352.78 NAP 484,233.36 Interest Only
13 Loan   1 1801 - 1815 Westchester Avenue 7,869,303 6,788,578 6.50000% 0.026760% 6.473240% 49,775.36 NAP 597,304.32 NAP Amortizing Balloon
14 Loan 5 1 128 MacDougal Street 7,100,000 7,100,000 6.31000% 0.026760% 6.283240% NAP 37,852.70 NAP 454,232.40 Interest Only
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. 5,998,199 5,607,674 6.22000% 0.103010% 6.116990% 33,937.57 NAP 407,250.84 NAP Amortizing Balloon
16 Loan   1 StorQuest – Tempe 5,200,000 5,200,000 6.43800% 0.026760% 6.411240% NAP 28,285.47 NAP 339,425.64 Interest Only
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  4,750,000 4,750,000 6.40000% 0.103010% 6.296990% NAP 25,685.19 NAP 308,222.28 Interest Only
18 Loan 23 1 250-255 Central Avenue 4,700,000 4,700,000 5.90000% 0.026760% 5.873240% NAP 23,429.28 NAP 281,151.36 Interest Only
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. 3,797,160 3,558,085 6.32000% 0.103010% 6.216990% 21,761.90 NAP 261,142.80 NAP Amortizing Balloon
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. 3,790,726 3,265,141 6.37000% 0.103010% 6.266990% 23,694.63 NAP 284,335.56 NAP Amortizing Balloon
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. 3,600,000 3,600,000 6.08000% 0.103010% 5.976990% NAP 18,493.33 NAP 221,919.96 Interest Only
22 Loan 23 1 495 Odell Avenue 3,493,158 2,947,506 5.70000% 0.026760% 5.673240% 20,314.01 NAP 243,768.12 NAP Amortizing Balloon
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  3,491,499 3,009,057 6.39000% 0.103010% 6.286990% 21,869.80 NAP 262,437.60 NAP Amortizing Balloon
24 Loan   1 StorQuest – Tahoe Vista 3,400,000 3,400,000 6.31700% 0.026760% 6.290240% NAP 18,146.75 NAP 217,761.00 Interest Only
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. 3,197,416 2,983,028 6.11000% 0.103010% 6.006990% 17,852.83 NAP 214,233.96 NAP Amortizing Balloon
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. 3,197,321 2,976,578 6.01000% 0.103010% 5.906990% 17,629.15 NAP 211,549.80 NAP Amortizing Balloon
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  3,142,405 2,710,432 6.42000% 0.103010% 6.316990% 19,744.70 NAP 236,936.40 NAP Amortizing Balloon
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. 3,000,000 3,000,000 6.11000% 0.103010% 6.006990% NAP 15,487.15 NAP 185,845.80 Interest Only
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  2,600,000 2,600,000 6.56000% 0.103010% 6.456990% NAP 14,410.74 NAP 172,928.88 Interest Only
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. 2,299,449 2,167,292 6.62000% 0.103010% 6.516990% 13,662.61 NAP 163,951.32 NAP Amortizing Balloon
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. 1,995,166 1,720,426 6.41000% 0.103010% 6.306990% 12,523.22 NAP 150,278.64 NAP Amortizing Balloon
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. 1,500,000 1,500,000 6.18000% 0.103010% 6.076990% NAP 7,832.29 NAP 93,987.48 Interest Only
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. 1,397,645 1,202,167 6.37000% 0.103010% 6.266990% 8,729.60 NAP 104,755.20 NAP Amortizing Balloon
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. 1,011,585 884,307 6.92000% 0.103010% 6.816990% 6,698.37 NAP 80,380.44 NAP Amortizing Balloon

 

 

 A-1-6 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name ARD Loan
 (Yes / No)
Interest
Accrual
Method
Original
Interest-Only
 Period (Mos.)
Remaining Interest-Only Period (Mos.) Original Term
To Maturity /
ARD (Mos.)
Remaining Term
To Maturity /
ARD (Mos.)
Original Amortization
Term (Mos.)
Remaining Amortization
 Term (Mos.)
Origination
Date
Seasoning
(Mos.)
Payment
Due Date
First
Payment Date
First P&I
Payment Date
                                   
1 Loan 6, 9 1 Washington Square No Actual/360 120 118 120 118 0 0 3/27/2025 2 6 5/6/2025 NAP
2 Loan 6 1 Discovery Business Center No Actual/360 120 116 120 116 0 0 1/24/2025 4 1 3/1/2025 NAP
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio No Actual/360 120 119 120 119 0 0 4/30/2025 1 1 6/1/2025 NAP
3.01 Property   1 The Home Depot                          
3.02 Property   1 Westown Square                          
3.03 Property   1 Rodney Village Shopping Center                          
3.04 Property   1 Mattatuck Plaza                          
3.05 Property   1 Athens Town Center                          
3.06 Property   1 Northeast Plaza                          
3.07 Property   1 Hungarybrook Shopping Center                          
3.08 Property   1 Plaza North Shopping Center                          
3.09 Property   1 Henderson Marketplace                          
3.10 Property   1 Ahoskie Commons                          
3.11 Property   1 Cummings Park Plaza                          
3.12 Property   1 Glenwood Shopping Plaza                          
3.13 Property   1 Boulevard Plaza                          
3.14 Property   1 Summer Commons                          
3.15 Property   1 Centre Plaza                          
3.16 Property   1 Market at Riverdale Bend                          
3.17 Property   1 Cordele Corners                          
3.18 Property   1 Anniston Plaza                          
3.19 Property   1 Meeting Square                          
3.20 Property   1 Northland Plaza                          
3.21 Property   1 Homosassa Square                          
3.22 Property   1 Laurens Plaza                          
3.23 Property   1 Pelham Plaza                          
3.24 Property   1 Plank Plaza                          
3.25 Property   1 Collins Plaza                          
4 Loan 6 1 Ansonia Commercial Condominium No Actual/360 120 118 120 118 0 0 3/10/2025 2 1 5/1/2025 NAP
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio No Actual/360 0 0 120 119 300 299 5/1/2025 1 1 6/1/2025 6/1/2025
5.01 Property   1 740 West End Avenue                          
5.02 Property   1 217 East 22nd Street                          
5.03 Property   1 106 East 7th Street                          
5.04 Property   1 328 East 89th Street                          
5.05 Property   1 327 East 89th Street                          
5.06 Property   1 640 East 14th Street                          
5.07 Property   1 239 East 33rd Street                          
5.08 Property   1 638 East 14th Street                          
5.09 Property   1 426 East 77th Street                          
5.10 Property   1 67 Saint Marks Place                          
5.11 Property   1 326 East 89th Street                          
5.12 Property   1 237 East 33rd Street                          
5.13 Property   1 324 East 89th Street                          
6 Loan 6, 8 1 Marriott World Headquarters No Actual/360 0 0 120 117 360 357 2/27/2025 3 1 4/1/2025 4/1/2025
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op No Actual/360 120 118 120 118 0 0 3/7/2025 2 1 5/1/2025 NAP

 

 

 

 

 A-1-7 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name ARD Loan
 (Yes / No)
Interest
Accrual
Method
Original
Interest-Only
 Period (Mos.)
Remaining Interest-Only Period (Mos.) Original Term
To Maturity /
ARD (Mos.)
Remaining Term
To Maturity /
ARD (Mos.)
Original Amortization
Term (Mos.)
Remaining Amortization
 Term (Mos.)
Origination
Date
Seasoning
(Mos.)
Payment
Due Date
First
Payment Date
First P&I
Payment Date
                                   
8 Loan 6, 7, 16 1 VISA Global HQ Yes Actual/360 120 111 120 111 0 0 8/29/2024 9 6 10/6/2024 NAP
9 Loan   1 Foothills Park Place Shopping Center No Actual/360 120 118 120 118 0 0 4/11/2025 2 11 5/11/2025 NAP
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. No Actual/360 0 0 120 118 360 358 3/31/2025 2 1 5/1/2025 5/1/2025
11 Loan 9 2 Southern 2-Pack No Actual/360 120 119 120 119 0 0 4/17/2025 1 1 6/1/2025 NAP
11.01 Property   1 Pine Needle Trails                          
11.02 Property   1 Cottages at Remington Park                          
12 Loan 23 1 Marina's Edge No Actual/360 120 119 120 119 0 0 5/1/2025 1 1 6/1/2025 NAP
13 Loan   1 1801 - 1815 Westchester Avenue No Actual/360 0 0 120 119 360 359 4/3/2025 1 1 6/1/2025 6/1/2025
14 Loan 5 1 128 MacDougal Street No Actual/360 120 118 120 118 0 0 3/17/2025 2 1 5/1/2025 NAP
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. No Actual/360 0 0 120 119 480 479 4/30/2025 1 1 6/1/2025 6/1/2025
16 Loan   1 StorQuest – Tempe No Actual/360 120 120 120 120 0 0 5/5/2025 0 1 7/1/2025 NAP
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  No Actual/360 120 117 120 117 0 0 2/25/2025 3 1 4/1/2025 NAP
18 Loan 23 1 250-255 Central Avenue No Actual/360 120 118 120 118 0 0 3/31/2025 2 1 5/1/2025 NAP
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. No Actual/360 0 0 120 118 480 478 3/28/2025 2 1 5/1/2025 5/1/2025
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. No Actual/360 0 0 120 117 360 357 2/26/2025 3 1 4/1/2025 4/1/2025
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. No Actual/360 120 118 120 118 0 0 3/31/2025 2 1 5/1/2025 NAP
22 Loan 23 1 495 Odell Avenue No Actual/360 0 0 120 118 360 358 3/31/2025 2 1 5/1/2025 5/1/2025
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  No Actual/360 0 0 120 117 360 357 2/25/2025 3 1 4/1/2025 4/1/2025
24 Loan   1 StorQuest – Tahoe Vista No Actual/360 120 120 120 120 0 0 5/6/2025 0 1 7/1/2025 NAP
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. No Actual/360 0 0 120 118 480 478 3/28/2025 2 1 5/1/2025 5/1/2025
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. No Actual/360 0 0 120 118 480 478 3/31/2025 2 1 5/1/2025 5/1/2025
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  No Actual/360 0 0 120 117 360 357 2/28/2025 3 1 4/1/2025 4/1/2025
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. No Actual/360 120 119 120 119 0 0 4/29/2025 1 1 6/1/2025 NAP
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  No Actual/360 120 117 120 117 0 0 2/25/2025 3 1 4/1/2025 NAP
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. No Actual/360 0 0 120 119 480 479 4/30/2025 1 1 6/1/2025 6/1/2025
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. No Actual/360 0 0 120 117 360 357 2/28/2025 3 1 4/1/2025 4/1/2025
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. No Actual/360 120 118 120 118 0 0 3/31/2025 2 1 5/1/2025 NAP
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. No Actual/360 0 0 120 118 360 358 3/6/2025 2 1 5/1/2025 5/1/2025
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. No Actual/360 0 0 120 116 360 356 1/30/2025 4 1 3/1/2025 3/1/2025

 

 

 A-1-8 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Maturity Date or Anticipated
Repayment Date
Final
Maturity Date
Grace Period - Late Fee (Days) Grace Period - Default (Days) Prepayment Provision Most Recent
EGI ($)
Most Recent Expenses ($) Most Recent
NOI ($)
Most Recent
NOI Date
Most Recent Description Second Most Recent EGI ($)
                8 9, 10            
1 Loan 6, 9 1 Washington Square 4/6/2035 NAP 5 0 L(26),DorYM1(87),O(7) 50,385,345 10,332,954 40,052,391 12/31/2024 T-12 47,936,177
2 Loan 6 1 Discovery Business Center 2/1/2035 NAP 0 0 L(28),DorYM1(85),O(7) 38,495,596 11,113,619 27,381,978 11/30/2024 T-12 40,851,704
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio 5/1/2035 NAP 0 0 L(25),YM1(89),O(6) 27,289,897 8,184,386 19,105,510 12/31/2024 T-12 26,853,255
3.01 Property   1 The Home Depot           1,462,286 58,491 1,403,795 12/31/2024 T-12 1,381,137
3.02 Property   1 Westown Square           2,546,515 837,740 1,708,775 12/31/2024 T-12 2,410,507
3.03 Property   1 Rodney Village Shopping Center           1,725,948 417,242 1,308,706 12/31/2024 T-12 1,847,172
3.04 Property   1 Mattatuck Plaza           1,965,718 823,862 1,141,856 12/31/2024 T-12 2,008,374
3.05 Property   1 Athens Town Center           1,450,027 328,534 1,121,493 12/31/2024 T-12 1,478,226
3.06 Property   1 Northeast Plaza           1,237,611 269,050 968,560 12/31/2024 T-12 1,084,415
3.07 Property   1 Hungarybrook Shopping Center           1,044,753 190,713 854,041 12/31/2024 T-12 1,035,052
3.08 Property   1 Plaza North Shopping Center           1,524,735 506,427 1,018,308 12/31/2024 T-12 1,870,188
3.09 Property   1 Henderson Marketplace           1,069,246 233,736 835,510 12/31/2024 T-12 1,069,717
3.10 Property   1 Ahoskie Commons           1,036,929 419,033 617,896 12/31/2024 T-12 992,872
3.11 Property   1 Cummings Park Plaza           957,494 267,744 689,750 12/31/2024 T-12 943,902
3.12 Property   1 Glenwood Shopping Plaza           1,741,473 796,479 944,994 12/31/2024 T-12 1,589,676
3.13 Property   1 Boulevard Plaza           892,272 237,930 654,342 12/31/2024 T-12 944,761
3.14 Property   1 Summer Commons           1,586,745 617,605 969,140 12/31/2024 T-12 1,582,257
3.15 Property   1 Centre Plaza           857,231 214,424 642,807 12/31/2024 T-12 866,260
3.16 Property   1 Market at Riverdale Bend           997,986 491,525 506,462 12/31/2024 T-12 882,970
3.17 Property   1 Cordele Corners           722,432 182,690 539,742 12/31/2024 T-12 696,536
3.18 Property   1 Anniston Plaza           661,620 147,438 514,182 12/31/2024 T-12 658,362
3.19 Property   1 Meeting Square           649,582 173,758 475,824 12/31/2024 T-12 601,359
3.20 Property   1 Northland Plaza           830,044 253,783 576,260 12/31/2024 T-12 815,175
3.21 Property   1 Homosassa Square           610,078 249,505 360,573 12/31/2024 T-12 549,059
3.22 Property   1 Laurens Plaza           515,893 153,617 362,275 12/31/2024 T-12 454,747
3.23 Property   1 Pelham Plaza           419,575 71,214 348,361 12/31/2024 T-12 340,836
3.24 Property   1 Plank Plaza           420,468 127,327 293,141 12/31/2024 T-12 407,552
3.25 Property   1 Collins Plaza           363,234 114,520 248,714 12/31/2024 T-12 342,144
4 Loan 6 1 Ansonia Commercial Condominium 4/1/2035 NAP 5 5 L(26),D(87),O(7) 9,358,154 4,177,237 5,180,917 12/31/2024 T-12 8,429,177
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio 5/1/2035 NAP 3 (Once per trailing 366-day period) 0 L(25),YM1(89),O(6) 9,919,725 4,820,518 5,099,207 2/28/2025 T-12 9,782,814
5.01 Property   1 740 West End Avenue           4,298,984 2,090,383 2,208,601 2/28/2025 T-12 4,229,637
5.02 Property   1 217 East 22nd Street           1,132,923 513,861 619,062 2/28/2025 T-12 1,125,775
5.03 Property   1 106 East 7th Street           850 259,461 (258,612) 2/28/2025 T-12 5,846
5.04 Property   1 328 East 89th Street           483,106 117,765 365,341 2/28/2025 T-12 489,652
5.05 Property   1 327 East 89th Street           544,911 111,368 433,543 2/28/2025 T-12 544,009
5.06 Property   1 640 East 14th Street           666,654 347,679 318,976 2/28/2025 T-12 667,670
5.07 Property   1 239 East 33rd Street           639,327 270,814 368,513 2/28/2025 T-12 633,752
5.08 Property   1 638 East 14th Street           559,599 291,847 267,753 2/28/2025 T-12 560,452
5.09 Property   1 426 East 77th Street           412,007 189,608 222,399 2/28/2025 T-12 388,884
5.10 Property   1 67 Saint Marks Place           339,089 133,658 205,432 2/28/2025 T-12 337,156
5.11 Property   1 326 East 89th Street           348,090 116,471 231,620 2/28/2025 T-12 338,066
5.12 Property   1 237 East 33rd Street           338,291 206,770 131,521 2/28/2025 T-12 326,834
5.13 Property   1 324 East 89th Street           155,893 170,835 (14,941) 2/28/2025 T-12 135,080
6 Loan 6, 8 1 Marriott World Headquarters 3/1/2035 NAP 0 0 L(27),D(86),O(7) 28,792,599 0 28,792,599 2/28/2025 T-12 28,730,817
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op 4/1/2035 NAP 5 4 L(26),YM1(87),O(7) NAV NAV NAV NAV NAV NAV

 

 

 

 A-1-9 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Maturity Date or Anticipated
Repayment Date
Final
Maturity Date
Grace Period - Late Fee (Days) Grace Period - Default (Days) Prepayment Provision Most Recent
EGI ($)
Most Recent Expenses ($) Most Recent
NOI ($)
Most Recent
NOI Date
Most Recent Description Second Most Recent EGI ($)
                8 9, 10            
8 Loan 6, 7, 16 1 VISA Global HQ 9/6/2034 3/6/2038 0 0 L(33),D(80),O(7) NAV NAV NAV NAV NAV NAV
9 Loan   1 Foothills Park Place Shopping Center 4/11/2035 NAP 0 0 L(26),DorYM1(90),O(4) 4,234,799 1,107,517 3,127,282 1/31/2025 T-12 4,227,775
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. 4/1/2035 NAP 10 10 YM1(113),1%(3),O(4) NAV NAV NAV NAV NAV NAV
11 Loan 9 2 Southern 2-Pack 5/1/2035 NAP 5 5 L(25),D(91),O(4) 877,127 123,853 753,274 1/31/2025 T-12 837,301
11.01 Property   1 Pine Needle Trails           587,032 95,145 491,887 1/31/2025 T-12 582,672
11.02 Property   1 Cottages at Remington Park           290,095 28,708 261,387 1/31/2025 T-12 254,629
12 Loan 23 1 Marina's Edge 5/1/2035 NAP 5 5 L(24),YM1(91),O(5) NAV NAV NAV NAV NAV NAV
13 Loan   1 1801 - 1815 Westchester Avenue 5/1/2035 NAP 0 5 L(25),D(90),O(5) 1,125,718 261,606 864,112 12/31/2024 T-12 1,069,903
14 Loan 5 1 128 MacDougal Street 4/1/2035 NAP 5 0 L(26),D(90),O(4) 1,069,193 387,690 681,503 12/31/2024 T-12 970,353
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. 5/1/2035 NAP 10 10 YM1(113),1%(3),O(4) NAV NAV NAV NAV NAV NAV
16 Loan   1 StorQuest – Tempe 6/1/2035 NAP 5 4 L(24),YM1(89),O(7) 799,649 277,305 522,344 2/28/2025 T-12 777,358
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  3/1/2035 NAP 10 10 YM1(113),1%(3),O(4) NAV NAV NAV NAV NAV NAV
18 Loan 23 1 250-255 Central Avenue 4/1/2035 NAP 0 5 L(23),YM1(92),O(5) NAV NAV NAV NAV NAV NAV
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. 4/1/2035 NAP 10 10 YM1(113),1%(3),O(4) NAV NAV NAV NAV NAV NAV
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. 3/1/2035 NAP 10 10 YM1(113),1%(3),O(4) NAV NAV NAV NAV NAV NAV
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. 4/1/2035 NAP 10 10 YM1(113),1%(3),O(4) NAV NAV NAV NAV NAV NAV
22 Loan 23 1 495 Odell Avenue 4/1/2035 NAP 5 5 L(23),YM1(90),O(7) NAV NAV NAV NAV NAV NAV
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  3/1/2035 NAP 10 10 YM1(113),1%(3),O(4) NAV NAV NAV NAV NAV NAV
24 Loan   1 StorQuest – Tahoe Vista 6/1/2035 NAP 5 4 L(24),YM1(89),O(7) 621,547 227,573 393,974 2/28/2025 T-12 618,041
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. 4/1/2035 NAP 10 10 YM1(113),1%(3),O(4) NAV NAV NAV NAV NAV NAV
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. 4/1/2035 NAP 10 10 YM1(113),1%(3),O(4) NAV NAV NAV NAV NAV NAV
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  3/1/2035 NAP 10 10 YM1(113),1%(3),O(4) NAV NAV NAV NAV NAV NAV
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. 5/1/2035 NAP 10 10 YM1(113),1%(3),O(4) NAV NAV NAV NAV NAV NAV
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  3/1/2035 NAP 10 10 YM1(113),1%(3),O(4) NAV NAV NAV NAV NAV NAV
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. 5/1/2035 NAP 10 10 YM1(113),1%(3),O(4) NAV NAV NAV NAV NAV NAV
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. 3/1/2035 NAP 10 10 YM1(113),1%(3),O(4) NAV NAV NAV NAV NAV NAV
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. 4/1/2035 NAP 10 10 YM1(113),1%(3),O(4) NAV NAV NAV NAV NAV NAV
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. 4/1/2035 NAP 10 10 YM1(113),1%(3),O(4) NAV NAV NAV NAV NAV NAV
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. 2/1/2035 NAP 10 10 YM1(113),1%(3),O(4) NAV NAV NAV NAV NAV NAV

 

 

 A-1-10 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Second Most
Recent Expenses ($)
Second Most Recent NOI ($) Second Most Recent NOI Date Second Most Recent Description Third Most
Recent EGI ($)
Third Most
Recent
Expenses ($)
Third Most
Recent NOI ($)
Third Most Recent NOI Date Third Most Recent Description Underwritten Economic Occupancy (%) Underwritten
EGI ($)
                            11 12
1 Loan 6, 9 1 Washington Square 10,001,861 37,934,316 12/31/2023 T-12 49,977,230 9,169,354 40,807,876 12/31/2022 T-12 93.7% 52,293,715
2 Loan 6 1 Discovery Business Center 10,755,257 30,096,448 6/30/2024 T-12 42,233,129 10,034,380 32,198,749 6/30/2023 T-12 73.2% 37,218,226
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio 8,203,090 18,650,166 12/31/2023 T-12 25,933,847 8,195,047 17,738,800 12/31/2022 T-12 87.9% 26,569,295
3.01 Property   1 The Home Depot 55,272 1,325,865 12/31/2023 T-12 1,336,246 53,450 1,282,796 12/31/2022 T-12 95.0% 1,251,715
3.02 Property   1 Westown Square 918,748 1,491,759 12/31/2023 T-12 2,353,848 902,563 1,451,285 12/31/2022 T-12 95.0% 2,396,462
3.03 Property   1 Rodney Village Shopping Center 377,060 1,470,112 12/31/2023 T-12 1,718,764 418,593 1,300,170 12/31/2022 T-12 94.0% 1,799,806
3.04 Property   1 Mattatuck Plaza 911,757 1,096,617 12/31/2023 T-12 2,033,438 961,602 1,071,836 12/31/2022 T-12 92.4% 1,921,219
3.05 Property   1 Athens Town Center 309,928 1,168,299 12/31/2023 T-12 1,421,908 285,358 1,136,550 12/31/2022 T-12 95.0% 1,533,523
3.06 Property   1 Northeast Plaza 265,611 818,805 12/31/2023 T-12 1,111,537 277,678 833,859 12/31/2022 T-12 95.0% 1,239,133
3.07 Property   1 Hungarybrook Shopping Center 189,038 846,013 12/31/2023 T-12 1,014,502 181,591 832,911 12/31/2022 T-12 95.0% 1,017,842
3.08 Property   1 Plaza North Shopping Center 577,928 1,292,260 12/31/2023 T-12 1,334,709 617,479 717,230 12/31/2022 T-12 80.4% 1,269,981
3.09 Property   1 Henderson Marketplace 215,236 854,481 12/31/2023 T-12 1,035,806 234,589 801,217 12/31/2022 T-12 95.0% 1,097,243
3.10 Property   1 Ahoskie Commons 378,410 614,461 12/31/2023 T-12 896,264 387,393 508,871 12/31/2022 T-12 95.0% 1,202,906
3.11 Property   1 Cummings Park Plaza 252,626 691,276 12/31/2023 T-12 923,337 264,293 659,044 12/31/2022 T-12 93.2% 915,198
3.12 Property   1 Glenwood Shopping Plaza 766,894 822,782 12/31/2023 T-12 1,636,045 787,625 848,419 12/31/2022 T-12 76.8% 1,569,741
3.13 Property   1 Boulevard Plaza 220,574 724,186 12/31/2023 T-12 962,371 237,679 724,691 12/31/2022 T-12 88.1% 855,333
3.14 Property   1 Summer Commons 595,397 986,861 12/31/2023 T-12 1,489,112 537,914 951,199 12/31/2022 T-12 64.1% 1,203,751
3.15 Property   1 Centre Plaza 187,364 678,896 12/31/2023 T-12 815,576 189,713 625,863 12/31/2022 T-12 88.9% 862,903
3.16 Property   1 Market at Riverdale Bend 480,330 402,640 12/31/2023 T-12 1,130,284 405,946 724,338 12/31/2022 T-12 95.0% 1,051,404
3.17 Property   1 Cordele Corners 181,275 515,261 12/31/2023 T-12 681,894 190,623 491,270 12/31/2022 T-12 85.1% 738,253
3.18 Property   1 Anniston Plaza 197,297 461,065 12/31/2023 T-12 662,866 178,246 484,619 12/31/2022 T-12 87.1% 669,090
3.19 Property   1 Meeting Square 157,121 444,239 12/31/2023 T-12 588,012 176,148 411,864 12/31/2022 T-12 95.0% 746,376
3.20 Property   1 Northland Plaza 266,993 548,182 12/31/2023 T-12 753,460 278,145 475,316 12/31/2022 T-12 55.7% 684,829
3.21 Property   1 Homosassa Square 237,881 311,177 12/31/2023 T-12 543,232 199,796 343,436 12/31/2022 T-12 95.0% 696,373
3.22 Property   1 Laurens Plaza 140,892 313,856 12/31/2023 T-12 507,870 143,315 364,556 12/31/2022 T-12 95.0% 639,677
3.23 Property   1 Pelham Plaza 72,771 268,066 12/31/2023 T-12 272,485 75,410 197,075 12/31/2022 T-12 79.4% 464,348
3.24 Property   1 Plank Plaza 125,289 282,262 12/31/2023 T-12 404,675 126,205 278,470 12/31/2022 T-12 95.0% 397,532
3.25 Property   1 Collins Plaza 121,396 220,747 12/31/2023 T-12 305,608 83,693 221,915 12/31/2022 T-12 90.0% 344,657
4 Loan 6 1 Ansonia Commercial Condominium 3,970,532 4,458,645 12/31/2023 T-12 10,139,484 3,858,721 6,280,763 12/31/2022 T-12 84.1% 10,459,366
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio 5,227,867 4,554,947 12/31/2024 T-12 7,758,297 4,226,515 3,531,782 12/31/2023 T-12 93.5% 11,116,742
5.01 Property   1 740 West End Avenue 2,105,189 2,124,448 12/31/2024 T-12 3,536,445 2,095,063 1,441,382 12/31/2023 T-12 94.3% 4,611,274
5.02 Property   1 217 East 22nd Street 663,115 462,660 12/31/2024 T-12 1,035,218 276,428 758,790 12/31/2023 T-12 100.0% 1,162,657
5.03 Property   1 106 East 7th Street 290,428 (284,581) 12/31/2024 T-12 152,078 149,488 2,590 12/31/2023 T-12 64.2% 476,723
5.04 Property   1 328 East 89th Street 109,065 380,587 12/31/2024 T-12 198,768 127,169 71,599 12/31/2023 T-12 90.0% 507,138
5.05 Property   1 327 East 89th Street 107,600 436,409 12/31/2024 T-12 502,509 119,012 383,497 12/31/2023 T-12 100.0% 571,478
5.06 Property   1 640 East 14th Street 426,883 240,787 12/31/2024 T-12 589,388 255,684 333,704 12/31/2023 T-12 100.0% 702,503
5.07 Property   1 239 East 33rd Street 272,961 360,791 12/31/2024 T-12 348,554 265,542 83,012 12/31/2023 T-12 94.2% 641,801
5.08 Property   1 638 East 14th Street 358,332 202,120 12/31/2024 T-12 494,741 214,625 280,116 12/31/2023 T-12 100.0% 589,691
5.09 Property   1 426 East 77th Street 238,198 150,686 12/31/2024 T-12 146,797 111,713 35,084 12/31/2023 T-12 100.0% 461,200
5.10 Property   1 67 Saint Marks Place 160,833 176,323 12/31/2024 T-12 409,341 99,213 310,127 12/31/2023 T-12 87.6% 349,498
5.11 Property   1 326 East 89th Street 113,746 224,320 12/31/2024 T-12 147,195 127,108 20,087 12/31/2023 T-12 87.2% 383,789
5.12 Property   1 237 East 33rd Street 211,015 115,819 12/31/2024 T-12 121,018 204,233 (83,215) 12/31/2023 T-12 100.0% 395,300
5.13 Property   1 324 East 89th Street 170,503 (35,423) 12/31/2024 T-12 76,246 181,236 (104,991) 12/31/2023 T-12 88.8% 263,687
6 Loan 6, 8 1 Marriott World Headquarters 0 28,730,817 12/31/2024 T-12 28,362,110 0 28,362,110 12/31/2023 T-12 96.7% 31,171,210
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.1% 27,875,741

 

 

 

 A-1-11 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Second Most
Recent Expenses ($)
Second Most Recent NOI ($) Second Most Recent NOI Date Second Most Recent Description Third Most
Recent EGI ($)
Third Most
Recent
Expenses ($)
Third Most
Recent NOI ($)
Third Most Recent NOI Date Third Most Recent Description Underwritten Economic Occupancy (%) Underwritten
EGI ($)
                            11 12
8 Loan 6, 7, 16 1 VISA Global HQ NAV NAV NAV NAV NAV NAV NAV NAV NAV 96.1% 40,374,648
9 Loan   1 Foothills Park Place Shopping Center 1,110,173 3,117,602 12/31/2024 T-12 3,908,448 1,085,355 2,823,093 12/31/2023 T-12 90.0% 4,000,277
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. NAV NAV NAV NAV NAV NAV NAV NAV NAV 97.6% 15,923,408
11 Loan 9 2 Southern 2-Pack 122,592 714,709 12/31/2024 T-12 NAV NAV NAV NAV NAV 95.0% 1,068,390
11.01 Property   1 Pine Needle Trails 95,657 487,015 12/31/2024 T-12 NAV NAV NAV NAV NAV 95.0% 656,677
11.02 Property   1 Cottages at Remington Park 26,935 227,694 12/31/2024 T-12 NAV NAV NAV NAV NAV 95.0% 411,713
12 Loan 23 1 Marina's Edge NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 4,821,658
13 Loan   1 1801 - 1815 Westchester Avenue 257,249 812,653 12/31/2023 T-12 1,079,815 247,542 832,273 12/31/2022 T-12 95.0% 1,143,152
14 Loan 5 1 128 MacDougal Street 360,277 610,076 12/31/2023 T-12 1,001,818 388,041 613,777 12/31/2022 T-12 94.9% 1,039,528
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.3% 2,418,444
16 Loan   1 StorQuest – Tempe 275,293 502,065 12/31/2024 T-12 783,050 301,269 481,781 12/31/2023 T-12 86.0% 828,406
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 4,217,862
18 Loan 23 1 250-255 Central Avenue NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 2,256,100
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 2,409,637
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 1,874,589
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 1,730,710
22 Loan 23 1 495 Odell Avenue NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 2,281,455
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  NAV NAV NAV NAV NAV NAV NAV NAV NAV 97.0% 3,118,519
24 Loan   1 StorQuest – Tahoe Vista 233,108 384,933 12/31/2024 T-12 632,923 226,298 406,625 12/31/2023 T-12 85.2% 621,547
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 1,401,102
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. NAV NAV NAV NAV NAV NAV NAV NAV NAV 93.0% 2,183,826
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 6,779,751
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 2,511,581
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 1,783,226
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 926,674
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 1,565,496
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. NAV NAV NAV NAV NAV NAV NAV NAV NAV 97.5% 1,762,663
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. NAV NAV NAV NAV NAV NAV NAV NAV NAV 97.0% 1,727,104
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. NAV NAV NAV NAV NAV NAV NAV NAV NAV 97.0% 1,178,065

 

 

 A-1-12 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Underwritten
Expenses ($)
Underwritten Net
 Operating Income ($)
Underwritten Replacement /
FF&E Reserve ($)
Underwritten
TI / LC ($)
Underwritten
Net Cash Flow ($)
Underwritten
NOI DSCR (x)
Underwritten
NCF DSCR (x)
Underwritten NOI Debt Yield (%) Underwritten NCF Debt Yield (%) Appraised
Value ($)
Appraised Value Type
                               
1 Loan 6, 9 1 Washington Square 11,301,353 40,992,362 198,914 994,568 39,798,880 2.13 2.07 12.1% 11.7% 655,000,000 As Is
2 Loan 6 1 Discovery Business Center 11,068,361 26,149,865 391,101 1,287,820 24,470,944 2.87 2.69 17.4% 16.3% 342,700,000 As Is
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio 7,768,777 18,800,517 513,686 1,169,830 17,117,002 1.83 1.66 11.8% 10.7% 239,000,000 Hypothetical - As-If Funded
3.01 Property   1 The Home Depot 78,894 1,172,821 20,858 55,622 1,096,340         22,300,000 As Is
3.02 Property   1 Westown Square 794,326 1,602,135 26,514 70,704 1,504,917         15,600,000 As Is
3.03 Property   1 Rodney Village Shopping Center 372,977 1,426,829 32,020 85,387 1,309,421         14,000,000 As Is
3.04 Property   1 Mattatuck Plaza 796,603 1,124,616 22,052 58,804 1,043,761         13,700,000 As Is
3.05 Property   1 Athens Town Center 298,392 1,235,131 31,369 83,650 1,120,113         13,600,000 As Is
3.06 Property   1 Northeast Plaza 255,764 983,369 16,694 44,518 922,156         12,625,000 As Is
3.07 Property   1 Hungarybrook Shopping Center 177,928 839,914 13,079 34,876 791,960         11,700,000 As Is
3.08 Property   1 Plaza North Shopping Center 490,501 779,480 39,213 104,567 635,700         12,100,000 Market Value As-Is (Includes
Surplus Land Lots 3A, 5A, 5B)
3.09 Property   1 Henderson Marketplace 222,700 874,543 13,365 35,640 825,538         10,025,000 As Is
3.10 Property   1 Ahoskie Commons 403,412 799,495 29,048 77,461 692,985         10,000,000 As Is
3.11 Property   1 Cummings Park Plaza 253,892 661,306 30,038 80,101 551,167         9,450,000 As Is
3.12 Property   1 Glenwood Shopping Plaza 758,337 811,404 32,829 87,544 691,031         9,100,000 As Is
3.13 Property   1 Boulevard Plaza 227,042 628,291 16,285 43,427 568,578         8,100,000 As Is
3.14 Property   1 Summer Commons 556,856 646,895 20,968 55,914 570,013         8,000,000 As Is
3.15 Property   1 Centre Plaza 185,340 677,564 15,246 40,657 621,660         7,175,000 As Is
3.16 Property   1 Market at Riverdale Bend 468,601 582,803 23,654 63,078 496,071         6,000,000 As Is
3.17 Property   1 Cordele Corners 178,193 560,059 18,130 48,347 493,582         6,300,000 As Is
3.18 Property   1 Anniston Plaza 144,065 525,025 19,435 51,826 453,764         6,150,000 Market Value As-Is - Including Surplus Land
3.19 Property   1 Meeting Square 162,267 584,109 14,152 37,738 532,219         5,775,000 As Is
3.20 Property   1 Northland Plaza 256,016 428,813 25,506 68,015 335,293         5,650,000 As Is
3.21 Property   1 Homosassa Square 233,224 463,149 12,715 33,906 416,529         5,500,000 As Is
3.22 Property   1 Laurens Plaza 152,059 487,618 14,692 39,178 433,747         5,450,000 As Is
3.23 Property   1 Pelham Plaza 70,614 393,734 10,865 28,972 353,897         5,000,000 As Is
3.24 Property   1 Plank Plaza 124,209 273,322 9,342 24,912 239,068         4,750,000 As Is
3.25 Property   1 Collins Plaza 106,565 238,092 5,619 14,983 217,490         3,450,000 As Is
4 Loan 6 1 Ansonia Commercial Condominium 4,587,889 5,871,477 17,516 641,388 5,212,574 1.82 1.62 11.0% 9.8% 115,000,000 As Is
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio 4,862,038 6,254,703 84,317 0 6,170,386 1.72 1.69 12.5% 12.4% 135,000,000 As Portfolio
5.01 Property   1 740 West End Avenue 2,198,431 2,412,844 30,580 0 2,382,264         50,600,000 As Is
5.02 Property   1 217 East 22nd Street 503,845 658,813 10,391 0 648,422         11,500,000 As Is
5.03 Property   1 106 East 7th Street 222,394 254,329 3,563 0 250,766         8,700,000 As Is
5.04 Property   1 328 East 89th Street 127,777 379,361 2,969 0 376,392         8,650,000 As Is
5.05 Property   1 327 East 89th Street 122,472 449,006 2,969 0 446,037         8,400,000 As Is
5.06 Property   1 640 East 14th Street 343,062 359,441 5,938 0 353,504         7,700,000 As Is
5.07 Property   1 239 East 33rd Street 269,785 372,017 5,641 0 366,376         7,000,000 As Is
5.08 Property   1 638 East 14th Street 285,597 304,095 5,938 0 298,157         5,700,000 As Is
5.09 Property   1 426 East 77th Street 185,727 275,473 4,453 0 271,019         5,300,000 As Is
5.10 Property   1 67 Saint Marks Place 126,523 222,975 2,969 0 220,007         5,000,000 As Is
5.11 Property   1 326 East 89th Street 114,291 269,497 2,969 0 266,529         4,900,000 As Is
5.12 Property   1 237 East 33rd Street 202,030 193,270 2,969 0 190,301         4,800,000 As Is
5.13 Property   1 324 East 89th Street 160,105 103,583 2,969 0 100,614         3,200,000 As Is
6 Loan 6, 8 1 Marriott World Headquarters 935,979 30,235,231 74,345 0 30,160,887 1.76 1.76 12.0% 12.0% 485,000,000 As Is
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op 11,991,137 15,884,604 86,920 0 15,797,683 8.55 8.50 45.4% 45.1% 475,000,000 Gross Sellout Value (Inclusive of Cooperative Mortgage Debt)

 

 

 

 

 A-1-13 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Underwritten
Expenses ($)
Underwritten Net
 Operating Income ($)
Underwritten Replacement /
FF&E Reserve ($)
Underwritten
TI / LC ($)
Underwritten
Net Cash Flow ($)
Underwritten
NOI DSCR (x)
Underwritten
NCF DSCR (x)
Underwritten NOI Debt Yield (%) Underwritten NCF Debt Yield (%) Appraised
Value ($)
Appraised Value Type
                               
8 Loan 6, 7, 16 1 VISA Global HQ 13,072,148 27,302,500 48,099 0 27,254,401 2.19 2.19 12.2% 12.2% 446,000,000 Prospective Value Upon
Stabilization
9 Loan   1 Foothills Park Place Shopping Center 1,084,145 2,916,132 50,584 189,690 2,675,858 1.95 1.79 14.6% 13.4% 41,500,000 As Is
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. 7,164,133 8,759,275 137,500 0 8,621,775 9.96 9.81 73.1% 72.0% 176,500,000 As Is
11 Loan 9 2 Southern 2-Pack 254,564 813,826 17,500 0 796,326 1.32 1.30 9.4% 9.2% 12,450,000 As Is
11.01 Property   1 Pine Needle Trails 187,933 468,744 11,500 0 457,244         6,900,000 As Is
11.02 Property   1 Cottages at Remington Park 66,630 345,083 6,000 0 339,083         5,550,000 As Is
12 Loan 23 1 Marina's Edge 2,032,041 2,789,616 52,750 0 2,736,866 5.76 5.65 34.9% 34.2% 33,750,000 Gross Sellout Value
13 Loan   1 1801 - 1815 Westchester Avenue 320,878 822,274 3,770 37,232 781,273 1.38 1.31 10.4% 9.9% 13,500,000 As Is
14 Loan 5 1 128 MacDougal Street 442,401 597,127 5,270 2,700 589,157 1.31 1.30 8.4% 8.3% 11,400,000 As Is
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. 1,187,767 1,230,677 21,600 0 1,209,077 3.02 2.97 20.5% 20.2% 27,000,000 As Is
16 Loan   1 StorQuest – Tempe 259,385 569,021 6,305 0 562,716 1.68 1.66 10.9% 10.8% 9,430,000 As Is
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  2,498,758 1,719,104 19,800 0 1,699,304 5.58 5.51 36.2% 35.8% 64,100,000 As Is
18 Loan 23 1 250-255 Central Avenue 713,600 1,542,500 16,250 0 1,558,750 5.49 5.54 32.8% 33.2% 22,300,000 Gross Sellout Value
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. 731,553 1,678,084 16,500 0 1,661,584 6.43 6.36 44.2% 43.8% 19,300,000 As Is
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. 642,653 1,231,936 20,400 0 1,211,536 4.33 4.26 32.5% 32.0% 38,650,000 As Is
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. 663,841 1,066,869 21,900 0 1,044,969 4.81 4.71 29.6% 29.0% 19,450,000 As Is
22 Loan 23 1 495 Odell Avenue 1,205,108 1,076,347 24,808 2,671 1,048,869 4.42 4.30 30.8% 30.0% 16,500,000 Gross Sellout Value
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  1,277,678 1,840,841 38,100 0 1,802,741 7.01 6.87 52.7% 51.6% 24,900,000 As Is
24 Loan   1 StorQuest – Tahoe Vista 208,399 413,148 1,790 0 411,359 1.90 1.89 12.2% 12.1% 6,970,000 As Is
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. 701,831 699,271 15,750 0 683,521 3.26 3.19 21.9% 21.4% 11,400,000 As Is
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. 892,873 1,290,953 22,500 0 1,268,453 6.10 6.00 40.4% 39.7% 21,800,000 As Is
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  2,940,656 3,839,095 29,700 0 3,809,395 16.20 16.08 122.2% 121.2% 93,500,000 As Is
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. 1,190,579 1,321,002 30,000 0 1,291,002 7.11 6.95 44.0% 43.0% 34,750,000 As Is
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  907,363 875,863 22,200 0 853,663 5.06 4.94 33.7% 32.8% 14,700,000 As Is
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. 498,099 428,575 10,800 0 417,775 2.61 2.55 18.6% 18.2% 7,120,000 As Is
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. 691,539 873,957 13,400 0 860,557 5.82 5.73 43.8% 43.1% 15,900,000 As Is
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. 718,209 1,044,454 10,250 0 1,034,204 11.11 11.00 69.6% 68.9% 21,500,000 As Is
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. 746,655 980,449 21,600 0 958,849 9.36 9.15 70.2% 68.6% 12,800,000 As Is
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. 224,681 953,384 2,400 0 950,984 11.86 11.83 94.2% 94.0% 19,800,000 As Is

 

 

 

 A-1-14 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Appraisal Date Cut-off Date LTV Ratio (%) LTV Ratio at Maturity / ARD (%) Leased Occupancy (%) Occupancy
Date
Single
Tenant (Y/N)
Largest Tenant Largest
Tenant SF
Largest
Tenant % of NRA
Largest Tenant Lease Expiration Date Second Largest Tenant
            13, 14, 15, 16 13, 14, 15 11 17   18       19
1 Loan 6, 9 1 Washington Square 3/1/2025 51.9% 51.9% 85.6% 3/27/2025 No JCPenney 210,585 21.2% 8/31/2030 Nordstrom
2 Loan 6 1 Discovery Business Center 10/3/2024 43.8% 43.8% 79.2% 10/31/2024 No LoanDepot.com, LLC 118,312 9.2% 12/31/2027 Tungsten Automation Corporation
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio 2/1/2025 66.9% 66.9% 88.6% 4/1/2025            
3.01 Property   1 The Home Depot 1/15/2025     100.0% 4/1/2025 Yes The Home Depot 139,056 100.0% 11/30/2028 NAP
3.02 Property   1 Westown Square 2/7/2025     96.7% 4/1/2025 No Shoppers World 52,000 29.4% 2/29/2028 Fashion Gallery, Inc.
3.03 Property   1 Rodney Village Shopping Center 1/9/2025     95.2% 4/1/2025 No Ollie's 39,888 18.7% 5/31/2028 Goodwill
3.04 Property   1 Mattatuck Plaza 1/14/2025     88.2% 4/1/2025 No Red, White, & Blue Thrift 28,570 19.4% 5/31/2034 Deals on Wheels
3.05 Property   1 Athens Town Center 1/16/2025     98.8% 4/1/2025 No Tractor Supply  30,730 14.7% 3/31/2031 Big Lots
3.06 Property   1 Northeast Plaza 1/16/2025     97.7% 4/1/2025 No Compare Foods 24,787 22.3% 12/31/2033 Dollar Tree 
3.07 Property   1 Hungarybrook Shopping Center 1/25/2025     100.0% 4/1/2025 No Food Lion 35,400 40.6% 11/15/2029 Dollar Tree
3.08 Property   1 Plaza North Shopping Center 1/17/2025     62.0% 4/1/2025 No Trader Bucks Flea Market Inc. 45,000 17.2% 12/31/2027 Harbor Freight Tools
3.09 Property   1 Henderson Marketplace 1/16/2025     100.0% 4/1/2025 No Planet Fitness  21,175 23.8% 12/31/2029 Dollar Tree
3.10 Property   1 Ahoskie Commons 1/25/2025     99.2% 4/1/2025 No Roses 43,200 22.3% 1/31/2032 Food Lion
3.11 Property   1 Cummings Park Plaza 1/16/2025     79.7% 4/1/2025 No Roses 45,000 22.5% 8/5/2028 Food Lion 
3.12 Property   1 Glenwood Shopping Plaza 2/3/2025     77.1% 4/1/2025 No Eclectic Chic, LLC 54,000 24.7% 12/31/2026 Movieplex Cinemas
3.13 Property   1 Boulevard Plaza 1/25/2025     87.4% 4/1/2025 No Piggly Wiggly  25,038 23.1% 12/31/2028 Farmers Home Furniture
3.14 Property   1 Summer Commons 1/27/2025     68.3% 4/1/2025 No Northern Tool 27,125 19.4% 6/30/2027 Brooke Valley Thrift Stores, Inc.
3.15 Property   1 Centre Plaza 1/16/2025     91.1% 4/1/2025 No United Grocery Outlet 18,225 17.9% 5/31/2027 Goodwill
3.16 Property   1 Market at Riverdale Bend 1/27/2025     100.0% 4/1/2025 No Habitat For Humanity 61,532 39.0% 1/31/2031 Crazy Deals
3.17 Property   1 Cordele Corners 1/17/2025     91.1% 4/1/2025 No Tractor Supply  29,772 24.6% 3/31/2031 Ollie's
3.18 Property   1 Anniston Plaza 1/16/2025     88.0% 4/1/2025 No Xtreme Sales 28,000 21.6% 3/9/2030 Harbor Freight Tools
3.19 Property   1 Meeting Square 1/16/2025     100.0% 4/1/2025 No Tractor Supply 27,301 28.9% 3/31/2031 Bealls
3.20 Property   1 Northland Plaza 1/28/2025     68.1% 4/1/2025 No Chief Super Market, Inc. 35,130 20.7% 6/30/2029 Ollie's
3.21 Property   1 Homosassa Square 1/20/2025     100.0% 4/1/2025 No Ollie's  30,000 35.4% 7/28/2029 Coastal Outdoor Sports 
3.22 Property   1 Laurens Plaza 1/24/2025     100.0% 4/1/2025 No Ollie's 33,827 34.5% 12/1/2032 Tractor Supply
3.23 Property   1 Pelham Plaza 1/16/2025     85.3% 4/1/2025 No 7 Springs Ministries 15,000 20.7% 5/31/2026 Dollar Tree
3.24 Property   1 Plank Plaza 1/17/2025     100.0% 4/1/2025 No Piggly Wiggly 35,500 57.0% 5/31/2026 Rainbow Northeast Leasing
3.25 Property   1 Collins Plaza 1/17/2025     92.9% 4/1/2025 No Tractor Supply  29,000 77.4% 3/31/2031 Modern Nails
4 Loan 6 1 Ansonia Commercial Condominium 1/1/2025 46.4% 46.4% 77.0% 1/30/2025 No Champion Parking 21,306 18.5% 7/31/2033 Upper West Side Endoscopy
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio 3/11/2025 37.0% 28.2% 94.7% Various            
5.01 Property   1 740 West End Avenue 3/11/2025     95.1% 3/10/2025 NAP NAP NAP NAP NAP NAP
5.02 Property   1 217 East 22nd Street 3/13/2025     100.0% 3/1/2025 NAP NAP NAP NAP NAP NAP
5.03 Property   1 106 East 7th Street 3/13/2025     66.7% 5/1/2025 NAP NAP NAP NAP NAP NAP
5.04 Property   1 328 East 89th Street 3/11/2025     90.0% 3/1/2025 NAP NAP NAP NAP NAP NAP
5.05 Property   1 327 East 89th Street 3/11/2025     100.0% 3/1/2025 NAP NAP NAP NAP NAP NAP
5.06 Property   1 640 East 14th Street 3/12/2025     100.0% 3/1/2025 NAP NAP NAP NAP NAP NAP
5.07 Property   1 239 East 33rd Street 3/12/2025     94.7% 3/1/2025 NAP NAP NAP NAP NAP NAP
5.08 Property   1 638 East 14th Street 3/12/2025     100.0% 3/1/2025 NAP NAP NAP NAP NAP NAP
5.09 Property   1 426 East 77th Street 3/11/2025     100.0% 3/1/2025 NAP NAP NAP NAP NAP NAP
5.10 Property   1 67 Saint Marks Place 3/13/2025     90.0% 3/1/2025 NAP NAP NAP NAP NAP NAP
5.11 Property   1 326 East 89th Street 3/11/2025     90.0% 3/1/2025 NAP NAP NAP NAP NAP NAP
5.12 Property   1 237 East 33rd Street 3/12/2025     100.0% 3/1/2025 NAP NAP NAP NAP NAP NAP
5.13 Property   1 324 East 89th Street 3/11/2025     80.0% 3/1/2025 NAP NAP NAP NAP NAP NAP
6 Loan 6, 8 1 Marriott World Headquarters 1/14/2025 51.8% 43.5% 100.0% 6/1/2025 Yes Marriott International Administrative Services Inc 743,448 100.0% 5/31/2042 NAP
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op 2/10/2025 7.4% 7.4% 100.0% 3/4/2025 NAP NAP NAP NAP NAP NAP

 

 

 

 A-1-15 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Appraisal Date Cut-off Date LTV Ratio (%) LTV Ratio at Maturity / ARD (%) Leased Occupancy (%) Occupancy
Date
Single
Tenant (Y/N)
Largest Tenant Largest
Tenant SF
Largest
Tenant % of NRA
Largest Tenant Lease Expiration Date Second Largest Tenant
            13, 14, 15, 16 13, 14, 15 11 17   18       19
8 Loan 6, 7, 16 1 VISA Global HQ 7/11/2024 50.0% 50.0% 97.5% 8/16/2024 No VISA, Inc. 303,629 94.7% 3/31/2038 Cinque Terre (Che Fico)
9 Loan   1 Foothills Park Place Shopping Center 1/17/2025 48.2% 48.2% 94.8% 4/4/2025 No Goodwill Of Central And Northern Arizona 22,565 17.8% 11/30/2029 Peter Piper Pizza
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. 1/30/2025 6.8% 5.8% 97.6% 1/30/2025 NAP NAP NAP NAP NAP NAP
11 Loan 9 2 Southern 2-Pack Various 69.5% 69.5% 100.0% 3/14/2025            
11.01 Property   1 Pine Needle Trails 1/28/2025     100.0% 3/14/2025 NAP NAP NAP NAP NAP NAP
11.02 Property   1 Cottages at Remington Park 3/13/2025     100.0% 3/14/2025 NAP NAP NAP NAP NAP NAP
12 Loan 23 1 Marina's Edge 1/1/2029 23.7% 23.7% 99.1% 4/10/2025 NAP NAP NAP NAP NAP NAP
13 Loan   1 1801 - 1815 Westchester Avenue 2/14/2025 58.3% 50.3% 100.0% 2/25/2025 No Cesar Velez 4,350 20.0% 12/31/2027 Sumeeta Debidayal
14 Loan 5 1 128 MacDougal Street 12/18/2024 62.3% 62.3% 100.0% 2/18/2025 No Pommes Frites 850 51.5% 5/31/2030 Grab And Go Marke
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. 2/18/2025 22.2% 20.8% 95.3% 2/18/2025 NAP NAP NAP NAP NAP NAP
16 Loan   1 StorQuest – Tempe 3/22/2025 55.1% 55.1% 82.3% 3/31/2025 NAP NAP NAP NAP NAP NAP
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  10/31/2024 7.4% 7.4% 95.0% 10/31/2024 NAP NAP NAP NAP NAP NAP
18 Loan 23 1 250-255 Central Avenue 2/19/2025 21.1% 21.1% 100.0% 2/28/2025 NAP NAP NAP NAP NAP NAP
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. 1/6/2025 19.7% 18.4% 95.0% 1/6/2025 NAP NAP NAP NAP NAP NAP
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. 12/26/2024 9.8% 8.4% 95.0% 12/26/2024 NAP NAP NAP NAP NAP NAP
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. 2/19/2025 18.5% 18.5% 95.0% 2/19/2025 NAP NAP NAP NAP NAP NAP
22 Loan 23 1 495 Odell Avenue 2/14/2025 21.2% 17.9% 100.0% 1/31/2025 NAP NAP NAP NAP NAP NAP
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  1/29/2025 14.0% 12.1% 97.0% 1/29/2025 NAP NAP NAP NAP NAP NAP
24 Loan   1 StorQuest – Tahoe Vista 3/26/2025 48.8% 48.8% 83.9% 3/31/2025 NAP NAP NAP NAP NAP NAP
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. 2/21/2025 28.0% 26.2% 95.0% 2/21/2025 NAP NAP NAP NAP NAP NAP
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. 2/5/2025 14.7% 13.7% 93.0% 2/5/2025 NAP NAP NAP NAP NAP NAP
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  12/18/2024 3.4% 2.9% 95.0% 12/18/2024 NAP NAP NAP NAP NAP NAP
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. 2/5/2025 8.6% 8.6% 95.0% 2/5/2025 NAP NAP NAP NAP NAP NAP
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  1/9/2025 17.7% 17.7% 95.0% 1/9/2025 NAP NAP NAP NAP NAP NAP
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. 2/7/2025 32.3% 30.4% 95.0% 2/7/2025 NAP NAP NAP NAP NAP NAP
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. 1/15/2025 12.5% 10.8% 95.0% 1/15/2025 NAP NAP NAP NAP NAP NAP
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. 2/25/2025 7.0% 7.0% 97.5% 2/25/2025 NAP NAP NAP NAP NAP NAP
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. 1/30/2025 10.9% 9.4% 97.0% 1/30/2025 NAP NAP NAP NAP NAP NAP
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. 12/12/2024 5.1% 4.5% 97.0% 12/12/2024 NAP NAP NAP NAP NAP NAP

 

 

 

 A-1-16 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Second Largest Tenant SF Second Largest Tenant % of NRA Second Largest Tenant Lease Expiration Date Third Largest Tenant Third Largest Tenant SF Third Largest Tenant % of NRA Third Largest Tenant Lease Expiration Date Fourth Largest Tenant Fourth Largest Tenant SF Fourth Largest Tenant % of NRA
                             
1 Loan 6, 9 1 Washington Square 180,000 18.1% 2/28/2035 DICK'S Sporting Goods 90,000 9.0% MTM Pottery Barn 21,246 2.1%
2 Loan 6 1 Discovery Business Center 64,006 5.0% 4/30/2026 FirstService Residential 55,196 4.3% 6/30/2030 State Street Bank 53,840 4.2%
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio                    
3.01 Property   1 The Home Depot NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.02 Property   1 Westown Square 23,000 13.0% 4/30/2028 Cleveland Fresh Food 18,000 10.2% 2/28/2030 Octapharma Plasma 14,320 8.1%
3.03 Property   1 Rodney Village Shopping Center 20,055 9.4% 12/31/2027 Dollar Tree 19,400 9.1% 9/30/2031 Produce Village 17,586 8.2%
3.04 Property   1 Mattatuck Plaza 24,228 16.5% 6/1/2030 Harbor Freight Tools 16,813 11.4% 1/15/2028 Dollar Tree  13,472 9.2%
3.05 Property   1 Athens Town Center 29,857 14.3% 1/31/2034 Burke's Outlet  25,312 12.1% 1/31/2030 Farmers Home Furniture 24,328 11.6%
3.06 Property   1 Northeast Plaza 15,920 14.3% 5/31/2030 Shoe Show 11,435 10.3% 9/30/2028 Walgreens 10,908 9.8%
3.07 Property   1 Hungarybrook Shopping Center 10,548 12.1% 5/31/2029 Best Beauty, LLC 8,470 9.7% 4/30/2031 FamilyLife Services 7,000 8.0%
3.08 Property   1 Plaza North Shopping Center 20,000 7.7% 1/31/2027 Indiana FSAA 17,830 6.8% 12/31/2025 Planet Fitness 17,500 6.7%
3.09 Property   1 Henderson Marketplace 8,450 9.5% 12/31/2030 Ichiban Restaurant  8,000 9.0% 4/30/2030 Big Cheese Pizza  6,990 7.8%
3.10 Property   1 Ahoskie Commons 34,000 17.6% 3/22/2027 Ollie's 32,000 16.5% 1/17/2026 Harbor Freight Tools 21,733 11.2%
3.11 Property   1 Cummings Park Plaza 31,426 15.7% 9/30/2025 Schewel Furniture 25,239 12.6% 3/31/2026 Citi Trends 14,250 7.1%
3.12 Property   1 Glenwood Shopping Plaza 20,230 9.2% 7/31/2026 All Seasoning Ingredients, Inc. 19,685 9.0% 8/31/2031 Dollar Tree  12,285 5.6%
3.13 Property   1 Boulevard Plaza 16,730 15.4% 4/4/2029 Dollar Tree 11,200 10.3% 1/31/2026 Beauty World 10,080 9.3%
3.14 Property   1 Summer Commons 26,500 19.0% 1/31/2027 Rio Grande Fresh Market, Inc. 20,126 14.4% 4/30/2032 Dollar Tree 12,000 8.6%
3.15 Property   1 Centre Plaza 17,204 16.9% 12/31/2027 Faith Promise Church 14,425 14.2% 10/31/2029 Dollar Tree  9,000 8.9%
3.16 Property   1 Market at Riverdale Bend 29,935 19.0% 12/31/2029 Goodwill 28,628 18.2% 1/31/2026 Winchester Road Fitness, LLC 17,000 10.8%
3.17 Property   1 Cordele Corners 26,126 21.6% 1/15/2029 Brady's Best Buys 13,292 11.0% 3/31/2027 It's Fashion 10,678 8.8%
3.18 Property   1 Anniston Plaza 17,770 13.7% 5/31/2027 Bestway Rental  16,858 13.0% 1/31/2027 Beauty for Ashes Thrift 13,239 10.2%
3.19 Property   1 Meeting Square 21,100 22.4% 1/31/2036 Ashley HomeStore 16,200 17.2% 2/28/2031 Dollar General 8,640 9.2%
3.20 Property   1 Northland Plaza 33,500 19.7% 2/28/2027 Citi Trends 12,000 7.1% 3/31/2029 Dollar General 10,010 5.9%
3.21 Property   1 Homosassa Square 14,377 17.0% 7/31/2028 Mini Steps Thrift Shop 11,000 13.0% 8/31/2029 El Mezcal Mexican Restaurant 5,000 5.9%
3.22 Property   1 Laurens Plaza 26,180 26.7% 3/31/2031 Goodwin Group Holdings, LLC 18,018 18.4% 11/30/2030 BYESSENCE LAURENS, LLC 11,168 11.4%
3.23 Property   1 Pelham Plaza 14,700 20.3% 6/30/2027 Northeast Orthopedic 8,400 11.6% 12/31/2032 Petsense 8,400 11.6%
3.24 Property   1 Plank Plaza 10,140 16.3% 1/31/2026 Hair Galleria 8,640 13.9% 7/31/2028 Simply 10  8,000 12.8%
3.25 Property   1 Collins Plaza 2,000 5.3% 6/30/2033 David Carter - Tires Stores 1,600 4.3% 8/31/2025 Vickie's Styles 1,200 3.2%
4 Loan 6 1 Ansonia Commercial Condominium 18,958 16.4% 5/31/2036 Icahn School of Medicine 16,210 14.0% 6/30/2033 The Goddard School of Manhattan 9,163 7.9%
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio                    
5.01 Property   1 740 West End Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.02 Property   1 217 East 22nd Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.03 Property   1 106 East 7th Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.04 Property   1 328 East 89th Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.05 Property   1 327 East 89th Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.06 Property   1 640 East 14th Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.07 Property   1 239 East 33rd Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.08 Property   1 638 East 14th Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.09 Property   1 426 East 77th Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.10 Property   1 67 Saint Marks Place NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.11 Property   1 326 East 89th Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.12 Property   1 237 East 33rd Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.13 Property   1 324 East 89th Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6 Loan 6, 8 1 Marriott World Headquarters NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 

 

 A-1-17 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Second Largest Tenant SF Second Largest Tenant % of NRA Second Largest Tenant Lease Expiration Date Third Largest Tenant Third Largest Tenant SF Third Largest Tenant % of NRA Third Largest Tenant Lease Expiration Date Fourth Largest Tenant Fourth Largest Tenant SF Fourth Largest Tenant % of NRA
                             
8 Loan 6, 7, 16 1 VISA Global HQ 8,316 2.6% 5/31/2040 Proper Foods 690 0.2% 6/30/2034 NAP NAP NAP
9 Loan   1 Foothills Park Place Shopping Center 14,000 11.1% 3/31/2028 FedEx Kinko's 7,000 5.5% 9/30/2026 Native Grill 6,498 5.1%
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan 9 2 Southern 2-Pack                    
11.01 Property   1 Pine Needle Trails NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
11.02 Property   1 Cottages at Remington Park NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan 23 1 Marina's Edge NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13 Loan   1 1801 - 1815 Westchester Avenue 2,700 12.4% 12/31/2027 Regina Meat and Deli Groc 1,350 6.2% 12/31/2027 Value Wireless Westchester 1,312 6.0%
14 Loan 5 1 128 MacDougal Street 800 48.5% 8/31/2034 NAP NAP NAP NAP NAP NAP NAP
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan   1 StorQuest – Tempe NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 23 1 250-255 Central Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan 23 1 495 Odell Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24 Loan   1 StorQuest – Tahoe Vista NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 

 

 A-1-18 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Fourth Largest Tenant Lease Expiration Date Fifth Largest Tenant Fifth Largest Tenant SF Fifth Largest Tenant % of NRA Fifth Largest Tenant Lease Expiration Date Environmental Phase I Report Date Environmental Phase II Report Date Engineering
Report Date
Seismic
Report Date
PML or SEL (%) Flood Zone Ownership
Interest
                                 
1 Loan 6, 9 1 Washington Square 1/31/2026 H&M 19,481 2.0% 1/31/2027 1/10/2025 NAP 1/10/2025 2/24/2025 13% No Fee
2 Loan 6 1 Discovery Business Center 6/30/2029 St. Joseph Health System 44,820 3.5% 6/30/2035 12/23/2024 NAP 12/24/2024 12/20/2024 8% No Fee
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio                        
3.01 Property   1 The Home Depot NAP NAP NAP NAP NAP 12/30/2024 NAP 1/2/2025 NAP NAP No Fee
3.02 Property   1 Westown Square 4/30/2030 Dollar Tree 11,964 6.8% 3/31/2034 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.03 Property   1 Rodney Village Shopping Center 5/31/2029 FlyOver Fun Park, LLC 16,862 7.9% 5/31/2026 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.04 Property   1 Mattatuck Plaza 8/31/2029 Citi Trends 12,000 8.2% 7/31/2027 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.05 Property   1 Athens Town Center 11/21/2026 Save-A-Lot 18,520 8.9% 1/31/2031 11/21/2024 NAP 11/22/2024 NAP NAP No Fee
3.06 Property   1 Northeast Plaza 11/1/2046 Rainbow Northeast Leasing 8,630 7.8% 1/31/2027 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.07 Property   1 Hungarybrook Shopping Center 4/30/2026 Affordable Care 4,883 5.6% 10/31/2029 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.08 Property   1 Plaza North Shopping Center 12/31/2032 Save-A-Lot 15,000 5.7% 12/31/2025 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.09 Property   1 Henderson Marketplace 7/30/2030 Beauty World  6,875 7.7% 12/31/2029 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.10 Property   1 Ahoskie Commons 9/30/2034 Tractor Supply  21,530 11.1% 3/31/2031 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.11 Property   1 Cummings Park Plaza 4/30/2027 Beauty Mae 4,800 2.4% 5/31/2029 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.12 Property   1 Glenwood Shopping Plaza 6/30/2032 Planet Fitness 10,500 4.8% 4/30/2028 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.13 Property   1 Boulevard Plaza 3/31/2035 Carquest/Advance Auto 7,600 7.0% 2/29/2028 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.14 Property   1 Summer Commons 1/31/2028 T-Mobile 2,400 1.7% 6/30/2026 11/21/2024 NAP 11/21/2024 11/21/2024 10% No Fee
3.15 Property   1 Centre Plaza 2/29/2028 Anytime Fitness 6,500 6.4% 5/31/2029 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.16 Property   1 Market at Riverdale Bend 6/14/2027 Octapharma Plasma 14,000 8.9% 8/31/2031 11/21/2024 NAP 11/21/2024 11/21/2024 8% No Fee
3.17 Property   1 Cordele Corners 1/31/2026 Dollar Tree  10,600 8.8% 9/30/2029 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.18 Property   1 Anniston Plaza 10/31/2028 Citi Trends 10,584 8.2% 10/31/2025 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.19 Property   1 Meeting Square 8/31/2028 Shepherd Fitness 3, LLC 7,900 8.4% 9/30/2033 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.20 Property   1 Northland Plaza 6/30/2026 Hair World 6,640 3.9% 11/30/2026 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.21 Property   1 Homosassa Square 7/31/2029 Beauty and the Barber 3,478 4.1% 5/31/2027 11/21/2024 NAP 11/21/2024 NAP NAP Yes - AE, A1-A30 Fee
3.22 Property   1 Laurens Plaza 4/11/2029 The Dance Shop 8,753 8.9% 12/31/2027 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.23 Property   1 Pelham Plaza 8/31/2034 Factory Connection 4,320 6.0% 9/30/2026 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.24 Property   1 Plank Plaza 9/30/2026 NAP NAP NAP NAP 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
3.25 Property   1 Collins Plaza 9/30/2029 City Cuts Barber Shop 1,008 2.7% 1/31/2027 11/21/2024 NAP 11/21/2024 NAP NAP No Fee
4 Loan 6 1 Ansonia Commercial Condominium 12/31/2038 Sephora 7,958 6.9% 1/31/2028 1/8/2025 NAP 1/8/2025 NAP NAP No Fee
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio                        
5.01 Property   1 740 West End Avenue NAP NAP NAP NAP NAP 3/25/2025 NAP 3/25/2025 NAP NAP No Fee
5.02 Property   1 217 East 22nd Street NAP NAP NAP NAP NAP 3/24/2025 NAP 3/25/2025 NAP NAP No Fee
5.03 Property   1 106 East 7th Street NAP NAP NAP NAP NAP 3/24/2025 NAP 3/25/2025 NAP NAP No Fee
5.04 Property   1 328 East 89th Street NAP NAP NAP NAP NAP 3/25/2025 NAP 3/25/2025 NAP NAP No Fee
5.05 Property   1 327 East 89th Street NAP NAP NAP NAP NAP 3/25/2025 NAP 3/25/2025 NAP NAP No Fee
5.06 Property   1 640 East 14th Street NAP NAP NAP NAP NAP 3/24/2025 NAP 3/25/2025 NAP NAP No Fee
5.07 Property   1 239 East 33rd Street NAP NAP NAP NAP NAP 3/24/2025 NAP 3/25/2025 NAP NAP No Fee
5.08 Property   1 638 East 14th Street NAP NAP NAP NAP NAP 3/25/2025 NAP 3/25/2025 NAP NAP Yes - AE  Fee
5.09 Property   1 426 East 77th Street NAP NAP NAP NAP NAP 3/25/2025 NAP 3/25/2025 NAP NAP No Fee
5.10 Property   1 67 Saint Marks Place NAP NAP NAP NAP NAP 3/24/2025 NAP 3/25/2025 NAP NAP No Fee
5.11 Property   1 326 East 89th Street NAP NAP NAP NAP NAP 3/25/2025 NAP 3/25/2025 NAP NAP No Fee
5.12 Property   1 237 East 33rd Street NAP NAP NAP NAP NAP 3/24/2025 NAP 3/25/2025 NAP NAP No Fee
5.13 Property   1 324 East 89th Street NAP NAP NAP NAP NAP 3/25/2025 NAP 3/25/2025 NAP NAP No Fee
6 Loan 6, 8 1 Marriott World Headquarters NAP NAP NAP NAP NAP 1/16/2025 NAP 1/17/2025 NAP NAP No Fee
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op NAP NAP NAP NAP NAP 2/18/2025 NAP 2/19/2025 NAP NAP No Fee

 

 

 

 

 A-1-19 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Fourth Largest Tenant Lease Expiration Date Fifth Largest Tenant Fifth Largest Tenant SF Fifth Largest Tenant % of NRA Fifth Largest Tenant Lease Expiration Date Environmental Phase I Report Date Environmental Phase II Report Date Engineering
Report Date
Seismic
Report Date
PML or SEL (%) Flood Zone Ownership
Interest
                                 
8 Loan 6, 7, 16 1 VISA Global HQ NAP NAP NAP NAP NAP 5/21/2024 NAP 5/20/2024 5/21/2024 11% No Leasehold
9 Loan   1 Foothills Park Place Shopping Center 1/31/2028 Ahwatukee Kid To Kid 6,000 4.7% 11/30/2032 1/31/2025 NAP 2/3/2025 NAP NAP No Fee
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. NAP NAP NAP NAP NAP 2/6/2025 NAP 2/10/2025 NAP NAP No Fee
11 Loan 9 2 Southern 2-Pack                        
11.01 Property   1 Pine Needle Trails NAP NAP NAP NAP NAP 3/5/2025 NAP 11/25/2024 NAP NAP Yes - AE Fee
11.02 Property   1 Cottages at Remington Park NAP NAP NAP NAP NAP 1/30/2025 NAP 11/27/2024 NAP NAP No Fee
12 Loan 23 1 Marina's Edge NAP NAP NAP NAP NAP 1/14/2025 NAP 1/14/2025 NAP NAP No Fee
13 Loan   1 1801 - 1815 Westchester Avenue 12/31/2029 Invention Cell LLC 1,230 5.6% 12/31/2029 2/13/2025 NAP 2/13/2025 NAP NAP No Fee
14 Loan 5 1 128 MacDougal Street NAP NAP NAP NAP NAP 1/15/2025 NAP 5/8/2025 NAP NAP No Fee
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. NAP NAP NAP NAP NAP 3/3/2025 NAP 3/3/2025 NAP NAP No Fee
16 Loan   1 StorQuest – Tempe NAP NAP NAP NAP NAP 4/1/2025 NAP 4/1/2025 NAP NAP No Fee
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  NAP NAP NAP NAP NAP 11/19/2024 NAP 11/22/2024 NAP NAP No Fee
18 Loan 23 1 250-255 Central Avenue NAP NAP NAP NAP NAP 2/26/2025 NAP 2/26/2025 NAP NAP No Fee
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. NAP NAP NAP NAP NAP 1/15/2025 NAP 1/17/2025 NAP NAP No Fee
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. NAP NAP NAP NAP NAP 1/9/2025 NAP 1/10/2025 NAP NAP No Fee
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. NAP NAP NAP NAP NAP 2/26/2025 NAP 2/26/2025 NAP NAP Yes - AE Fee
22 Loan 23 1 495 Odell Avenue NAP NAP NAP NAP NAP 2/24/2025 NAP 2/24/2025 NAP NAP No Fee
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  NAP NAP NAP NAP NAP 2/12/2025 NAP 2/13/2025 NAP NAP No Fee
24 Loan   1 StorQuest – Tahoe Vista NAP NAP NAP NAP NAP 4/8/2025 NAP 4/8/2025 4/3/2025 13% No Fee
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. NAP NAP NAP NAP NAP 3/3/2025 NAP 3/5/2025 NAP NAP No Fee
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. NAP NAP NAP NAP NAP 2/20/2025 NAP 2/25/2025 NAP NAP No Fee
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  NAP NAP NAP NAP NAP 12/31/2024 NAP 1/2/2025 NAP NAP No Fee
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. NAP NAP NAP NAP NAP 2/13/2025 NAP 2/14/2025 NAP NAP No Fee
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  NAP NAP NAP NAP NAP 1/24/2025 NAP 1/28/2025 NAP NAP No Fee
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. NAP NAP NAP NAP NAP 2/20/2025 NAP 2/25/2025 NAP NAP No Fee
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. NAP NAP NAP NAP NAP 1/31/2025 NAP 1/30/2025 NAP NAP No Fee
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. NAP NAP NAP NAP NAP 3/4/2025 NAP 3/5/2025 NAP NAP No Fee
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. NAP NAP NAP NAP NAP 2/4/2025 NAP 2/7/2025 NAP NAP No Fee
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. NAP NAP NAP NAP NAP 12/16/2024 NAP 12/17/2024 NAP NAP No Fee

 

 

 

 A-1-20 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Ground Lease Expiration Date Ground Lease
Extension Terms
Annual Ground Lease Payment as of the
Cut-off Date ($)
Annual Ground
 Rent Increases (Y/N)
Upfront RE
Tax Reserve ($)
Monthly RE
Tax Reserve ($)
Upfront Insurance
Reserve ($)
Monthly Insurance Reserve ($) Upfront Replacement /
PIP Reserve ($)
Monthly
Replacement /
FF&E Reserve ($)
                             
1 Loan 6, 9 1 Washington Square NAP NAP NAP NAP 0 Springing 0 Springing 0 Springing
2 Loan 6 1 Discovery Business Center NAP NAP NAP NAP 0 Springing 0 Springing 0 Springing
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio         700,000 270,000 0 Springing 0 43,115
3.01 Property   1 The Home Depot NAP NAP NAP NAP            
3.02 Property   1 Westown Square NAP NAP NAP NAP            
3.03 Property   1 Rodney Village Shopping Center NAP NAP NAP NAP            
3.04 Property   1 Mattatuck Plaza NAP NAP NAP NAP            
3.05 Property   1 Athens Town Center NAP NAP NAP NAP            
3.06 Property   1 Northeast Plaza NAP NAP NAP NAP            
3.07 Property   1 Hungarybrook Shopping Center NAP NAP NAP NAP            
3.08 Property   1 Plaza North Shopping Center NAP NAP NAP NAP            
3.09 Property   1 Henderson Marketplace NAP NAP NAP NAP            
3.10 Property   1 Ahoskie Commons NAP NAP NAP NAP            
3.11 Property   1 Cummings Park Plaza NAP NAP NAP NAP            
3.12 Property   1 Glenwood Shopping Plaza NAP NAP NAP NAP            
3.13 Property   1 Boulevard Plaza NAP NAP NAP NAP            
3.14 Property   1 Summer Commons NAP NAP NAP NAP            
3.15 Property   1 Centre Plaza NAP NAP NAP NAP            
3.16 Property   1 Market at Riverdale Bend NAP NAP NAP NAP            
3.17 Property   1 Cordele Corners NAP NAP NAP NAP            
3.18 Property   1 Anniston Plaza NAP NAP NAP NAP            
3.19 Property   1 Meeting Square NAP NAP NAP NAP            
3.20 Property   1 Northland Plaza NAP NAP NAP NAP            
3.21 Property   1 Homosassa Square NAP NAP NAP NAP            
3.22 Property   1 Laurens Plaza NAP NAP NAP NAP            
3.23 Property   1 Pelham Plaza NAP NAP NAP NAP            
3.24 Property   1 Plank Plaza NAP NAP NAP NAP            
3.25 Property   1 Collins Plaza NAP NAP NAP NAP            
4 Loan 6 1 Ansonia Commercial Condominium NAP NAP NAP NAP 911,978 227,994 70,684 11,781 0 Springing
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio         897,091 180,705 42,105 34,105 0 7,026
5.01 Property   1 740 West End Avenue NAP NAP NAP NAP            
5.02 Property   1 217 East 22nd Street NAP NAP NAP NAP            
5.03 Property   1 106 East 7th Street NAP NAP NAP NAP            
5.04 Property   1 328 East 89th Street NAP NAP NAP NAP            
5.05 Property   1 327 East 89th Street NAP NAP NAP NAP            
5.06 Property   1 640 East 14th Street NAP NAP  NAP  NAP            
5.07 Property   1 239 East 33rd Street NAP NAP NAP NAP            
5.08 Property   1 638 East 14th Street NAP NAP NAP NAP            
5.09 Property   1 426 East 77th Street NAP NAP NAP NAP            
5.10 Property   1 67 Saint Marks Place NAP NAP NAP NAP            
5.11 Property   1 326 East 89th Street NAP NAP NAP NAP            
5.12 Property   1 237 East 33rd Street NAP NAP NAP NAP            
5.13 Property   1 324 East 89th Street NAP NAP NAP NAP            
6 Loan 6, 8 1 Marriott World Headquarters NAP NAP NAP NAP 0 Springing 0 Springing 0 Springing
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op NAP NAP NAP NAP 0 Springing 0 Springing 0 Springing

 

 

 

 

 A-1-21 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Ground Lease Expiration Date Ground Lease
Extension Terms
Annual Ground Lease Payment as of the
Cut-off Date ($)
Annual Ground
 Rent Increases (Y/N)
Upfront RE
Tax Reserve ($)
Monthly RE
Tax Reserve ($)
Upfront Insurance
Reserve ($)
Monthly Insurance Reserve ($) Upfront Replacement /
PIP Reserve ($)
Monthly
Replacement /
FF&E Reserve ($)
                             
8 Loan 6, 7, 16 1 VISA Global HQ 6/25/2095 None No 0 Springing 0 Springing 0 Springing
9 Loan   1 Foothills Park Place Shopping Center NAP NAP NAP NAP 0 20,322 28,690 2,869 0 0
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. NAP NAP NAP NAP 0 Springing 0 Springing 0 0
11 Loan 9 2 Southern 2-Pack         59,627 7,453 19,745 8,818 0 1,458
11.01 Property   1 Pine Needle Trails NAP NAP NAP NAP            
11.02 Property   1 Cottages at Remington Park NAP NAP NAP NAP            
12 Loan 23 1 Marina's Edge NAP NAP NAP NAP 58,269 58,269 25,196 Springing 0 4,396
13 Loan   1 1801 - 1815 Westchester Avenue NAP NAP NAP NAP 91,800 15,300 35,238 5,873 0 272
14 Loan 5 1 128 MacDougal Street NAP NAP NAP NAP 108,120 27,030 22,256 2,782 0 439
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. NAP NAP NAP NAP 0 Springing 0 Springing 0 0
16 Loan   1 StorQuest – Tempe NAP NAP NAP NAP 24,366 4,873 0 Springing 0 525
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  NAP NAP NAP NAP 0 Springing 0 Springing 0 0
18 Loan 23 1 250-255 Central Avenue NAP NAP NAP NAP 0 0 0 0 0 0
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. NAP NAP NAP NAP 0 Springing 0 Springing 0 0
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. NAP NAP NAP NAP 0 Springing 0 Springing 0 0
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. NAP NAP NAP NAP 0 Springing 0 Springing 0 0
22 Loan 23 1 495 Odell Avenue NAP NAP NAP NAP 47,252 23,626 0 Springing 0 Springing
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  NAP NAP NAP NAP 141,975 41,524 0 Springing 0 0
24 Loan   1 StorQuest – Tahoe Vista NAP NAP NAP NAP 15,369 3,842 0 Springing 0 149
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. NAP NAP NAP NAP 29,604 14,802 0 Springing 0 0
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. NAP NAP NAP NAP 86,322 19,103 0 Springing 0 0
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  NAP NAP NAP NAP 0 Springing 0 Springing 0 0
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. NAP NAP NAP NAP 0 Springing 0 Springing 0 0
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  NAP NAP NAP NAP 13,650 13,650 0 Springing 0 0
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. NAP NAP NAP NAP 34,264 6,280 0 Springing 0 0
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. NAP NAP NAP NAP 16,603 16,603 0 Springing 0 0
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. NAP NAP NAP NAP 0 Springing 0 Springing 0 0
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. NAP NAP NAP NAP 100,439 14,158 0 Springing 0 0
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. NAP NAP NAP NAP 0 Springing 0 Springing 0 0

 

 

 

 A-1-22 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Replacement
Reserve Caps ($)
Upfront TI/LC
Reserve ($)
Monthly TI/LC
Reserve ($)
TI/LC Caps ($) Upfront Debt
Service
Reserve ($)
Monthly Debt
Service Reserve ($)
Debt Service
Reserve Cap ($)
Upfront Deferred Maintenance Reserve ($) Upfront Other Reserve ($) Monthly Other Reserve ($)
            20           21    
1 Loan 6, 9 1 Washington Square An amount equal to 24 times the required monthly deposit. 0 Springing An amount
equal to 24
times the
required
monthly
deposit.
0 0 0 0 2,908,053 0
2 Loan 6 1 Discovery Business Center 782,202 0 Springing 2,000,000 0 0 0 0 8,193,114 0
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio 1,034,765 2,000,000 Springing 750,000 0 0 0 1,873,606 1,863,494 0
3.01 Property   1 The Home Depot                    
3.02 Property   1 Westown Square                    
3.03 Property   1 Rodney Village Shopping Center                    
3.04 Property   1 Mattatuck Plaza                    
3.05 Property   1 Athens Town Center                    
3.06 Property   1 Northeast Plaza                    
3.07 Property   1 Hungarybrook Shopping Center                    
3.08 Property   1 Plaza North Shopping Center                    
3.09 Property   1 Henderson Marketplace                    
3.10 Property   1 Ahoskie Commons                    
3.11 Property   1 Cummings Park Plaza                    
3.12 Property   1 Glenwood Shopping Plaza                    
3.13 Property   1 Boulevard Plaza                    
3.14 Property   1 Summer Commons                    
3.15 Property   1 Centre Plaza                    
3.16 Property   1 Market at Riverdale Bend                    
3.17 Property   1 Cordele Corners                    
3.18 Property   1 Anniston Plaza                    
3.19 Property   1 Meeting Square                    
3.20 Property   1 Northland Plaza                    
3.21 Property   1 Homosassa Square                    
3.22 Property   1 Laurens Plaza                    
3.23 Property   1 Pelham Plaza                    
3.24 Property   1 Plank Plaza                    
3.25 Property   1 Collins Plaza                    
4 Loan 6 1 Ansonia Commercial Condominium 0 0 Springing 0 0 0 0 0 2,041,035 Ramp Repair Reserve ($100,000); Condominium Reserve (Springing); Lease Termination Rollover Reserve (Springing)
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio 0 0 0 0 0 0 0 0 0 0
5.01 Property   1 740 West End Avenue                    
5.02 Property   1 217 East 22nd Street                    
5.03 Property   1 106 East 7th Street                    
5.04 Property   1 328 East 89th Street                    
5.05 Property   1 327 East 89th Street                    
5.06 Property   1 640 East 14th Street                    
5.07 Property   1 239 East 33rd Street                    
5.08 Property   1 638 East 14th Street                    
5.09 Property   1 426 East 77th Street                    
5.10 Property   1 67 Saint Marks Place                    
5.11 Property   1 326 East 89th Street                    
5.12 Property   1 237 East 33rd Street                    
5.13 Property   1 324 East 89th Street                    
6 Loan 6, 8 1 Marriott World Headquarters 297,379 0 Springing 2,973,792 0 0 0 0 0 0
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op 0 0 0 0 0 0 0 0 0 0

 

 

 

 A-1-23 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Replacement
Reserve Caps ($)
Upfront TI/LC
Reserve ($)
Monthly TI/LC
Reserve ($)
TI/LC Caps ($) Upfront Debt
Service
Reserve ($)
Monthly Debt
Service Reserve ($)
Debt Service
Reserve Cap ($)
Upfront Deferred Maintenance Reserve ($) Upfront Other Reserve ($) Monthly Other Reserve ($)
            20           21    
8 Loan 6, 7, 16 1 VISA Global HQ 80,164 0 Springing $75.00 per
rentable square foot of
the applicable
Lease Sweep
Premises
0 0 0 0 7,240,000 0
9 Loan   1 Foothills Park Place Shopping Center 0 250,000 Springing 250,000 0 0 0 0 24,000 0
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. 0 0 0 0 0 0 0 0 87,500 0
11 Loan 9 2 Southern 2-Pack 0 0 0 0 0 0 0 0 0 0
11.01 Property   1 Pine Needle Trails                    
11.02 Property   1 Cottages at Remington Park                    
12 Loan 23 1 Marina's Edge 0 0 0 0 0 0 0 105,125 0 0
13 Loan   1 1801 - 1815 Westchester Avenue 6,539 100,000 Springing 100,000 0 0 0 37,188 0 0
14 Loan 5 1 128 MacDougal Street 10,536 0 225 5,400 0 0 0 31,250 0 0
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. 0 0 0 0 0 0 0 0 138,888 0
16 Loan   1 StorQuest – Tempe 18,914 0 0 0 0 0 0 0 0 0
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  0 0 0 0 0 0 0 0 0 0
18 Loan 23 1 250-255 Central Avenue 0 0 0 0 0 0 0 26,750 0 0
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. 0 0 0 0 0 0 0 0 750,000 0
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. 0 0 0 0 0 0 0 0 0 0
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. 0 0 0 0 0 0 0 0 0 0
22 Loan 23 1 495 Odell Avenue 0 0 Springing 0 0 0 0 0 0 0
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  0 0 0 0 0 0 0 0 0 0
24 Loan   1 StorQuest – Tahoe Vista 5,369 0 0 0 0 0 0 0 0 0
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. 0 0 0 0 0 0 0 0 28,125 0
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. 0 0 0 0 0 0 0 0 62,500 0
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  0 0 0 0 0 0 0 0 0 0
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. 0 0 0 0 0 0 0 0 202,000 0
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  0 0 0 0 0 0 0 0 625,000 0
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. 0 0 0 0 0 0 0 0 200,000 0
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. 0 0 0 0 0 0 0 0 37,500 0
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. 0 0 0 0 0 0 0 0 0 0
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. 0 0 0 0 0 0 0 0 62,500 0
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. 0 0 0 0 0 0 0 0 0 0

 

 

 

 A-1-24 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Other Reserve Description Other Reserve Cap ($) Holdback/ Earnout Amount ($) Holdback/ Earnout Description Lockbox Type Cash Management Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N)  Tenant Specific Excess Cash Trap Trigger (Y/N) 
                         
1 Loan 6, 9 1 Washington Square Outstanding TI/LC Reserve (Upfront: $2,752,705);
Gap Rent Reserve (Upfront: $155,348)
0 0 NAP Hard Springing Yes No
2 Loan 6 1 Discovery Business Center Unfunded Obligations Reserve ($7,503,184); Free
Rent Reserve ($689,930)
0 0 NAP Hard Springing Yes No
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio Outstanding TI Reserve ($1,565,213); Free Rent
Reserve ($298,281)
0 0 NAP Springing Springing Yes No
3.01 Property   1 The Home Depot                
3.02 Property   1 Westown Square                
3.03 Property   1 Rodney Village Shopping Center                
3.04 Property   1 Mattatuck Plaza                
3.05 Property   1 Athens Town Center                
3.06 Property   1 Northeast Plaza                
3.07 Property   1 Hungarybrook Shopping Center                
3.08 Property   1 Plaza North Shopping Center                
3.09 Property   1 Henderson Marketplace                
3.10 Property   1 Ahoskie Commons                
3.11 Property   1 Cummings Park Plaza                
3.12 Property   1 Glenwood Shopping Plaza                
3.13 Property   1 Boulevard Plaza                
3.14 Property   1 Summer Commons                
3.15 Property   1 Centre Plaza                
3.16 Property   1 Market at Riverdale Bend                
3.17 Property   1 Cordele Corners                
3.18 Property   1 Anniston Plaza                
3.19 Property   1 Meeting Square                
3.20 Property   1 Northland Plaza                
3.21 Property   1 Homosassa Square                
3.22 Property   1 Laurens Plaza                
3.23 Property   1 Pelham Plaza                
3.24 Property   1 Plank Plaza                
3.25 Property   1 Collins Plaza                
4 Loan 6 1 Ansonia Commercial Condominium Ramp Repair Reserve (Upfront: $325,000,
Monthly:  $100,000); Outstanding TI/LC Reserve
(Upfront: $847,543.45); Outstanding Free Rent
Reserve (Upfront: $868,491.70); Condominium
Reserve (Monthly: Springing); Lease Termination
Rollover Reserve (Springing)
Ramp Repair Reserve ($971,000) 0 NAP Hard Springing Yes No
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio NAP 0 0 NAP Springing Springing Yes No
5.01 Property   1 740 West End Avenue                
5.02 Property   1 217 East 22nd Street                
5.03 Property   1 106 East 7th Street                
5.04 Property   1 328 East 89th Street                
5.05 Property   1 327 East 89th Street                
5.06 Property   1 640 East 14th Street                
5.07 Property   1 239 East 33rd Street                
5.08 Property   1 638 East 14th Street                
5.09 Property   1 426 East 77th Street                
5.10 Property   1 67 Saint Marks Place                
5.11 Property   1 326 East 89th Street                
5.12 Property   1 237 East 33rd Street                
5.13 Property   1 324 East 89th Street                
6 Loan 6, 8 1 Marriott World Headquarters NAP 0 0 NAP Hard Springing Yes Yes
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op NAP 0 0 NAP None None No No

 

 

 

 A-1-25 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Other Reserve Description Other Reserve Cap ($) Holdback/ Earnout Amount ($) Holdback/ Earnout Description Lockbox Type Cash Management Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N)  Tenant Specific Excess Cash Trap Trigger (Y/N) 
                         
8 Loan 6, 7, 16 1 VISA Global HQ Landlord Obligation Reserve 0 0 NAP Hard Springing Yes Yes
9 Loan   1 Foothills Park Place Shopping Center Existing TI/LC Obligations Reserve 0 0 NAP Springing Springing Yes No
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. Collateral Security Agreement For Litigation 0 0 NAP None None No No
11 Loan 9 2 Southern 2-Pack NAP 0 0 NAP Springing Springing Yes No
11.01 Property   1 Pine Needle Trails                
11.02 Property   1 Cottages at Remington Park                
12 Loan 23 1 Marina's Edge NAP 0 0 NAP Springing Springing No No
13 Loan   1 1801 - 1815 Westchester Avenue NAP 0 0 NAP Springing Springing Yes No
14 Loan 5 1 128 MacDougal Street NAP 0 0 NAP Springing Springing Yes No
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. Collateral Security Agreement For Capital
Improvements (LL87) ($13,887.50) and Collateral
Security Agreement For Capital Improvements
($125,000)
0 0 NAP None None No No
16 Loan   1 StorQuest – Tempe NAP 0 0 NAP Springing Springing No No
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  NAP 0 0 NAP None None No No
18 Loan 23 1 250-255 Central Avenue NAP 0 0 NAP Springing Springing No No
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. Collateral Security Agreement For Capital Improvements 0 0 NAP None None No No
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. NAP 0 0 NAP None None No No
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. NAP 0 0 NAP None None No No
22 Loan 23 1 495 Odell Avenue NAP 0 0 NAP None None No No
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  NAP 0 0 NAP None None No No
24 Loan   1 StorQuest – Tahoe Vista NAP 0 0 NAP Springing Springing No No
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. Collateral Security Agreement For Capital
Improvements (LL87) ($18,750) and Collateral
Security Agreement For Capital Improvements ($9,375)
0 0 NAP None None No No
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. Collateral Security Agreement For Capital
Improvements
0 0 NAP None None No No
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  NAP 0 0 NAP None None No No
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. Collateral Security Agreement RE: Commercial
Rent Escrow
0 0 NAP None None No No
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  Collateral Security Agreement For Capital
Improvements
0 0 NAP None None No No
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. Collateral Security Agreement For Capital
Improvements
0 0 NAP None None No No
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. Collateral Security Agreement For Capital
Improvements
0 0 NAP None None No No
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. NAP 0 0 NAP None None No No
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. Collateral Security Agreement For Capital
Improvements
0 0 NAP None None No No
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. NAP 0 0 NAP None None No No

 

 

 

 A-1-26 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Pari Passu (Y/N) Pari Passu in Trust Controlling (Y/N) Trust Pari Passu Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Subordinate Companion Loan Cut-off Date Balance ($) Subordinate Companion Loan Interest Rate
                      22 22
1 Loan 6, 9 1 Washington Square Yes No 49,000,000 291,000,000 1,371,206.15 1,602,096.53 NAP NAP
2 Loan 6 1 Discovery Business Center Yes No 49,000,000 101,000,000 510,904.53 758,769.10 NAP NAP
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio Yes No 49,000,000 111,000,000 595,532.99 858,425.93 NAP NAP
3.01 Property   1 The Home Depot                
3.02 Property   1 Westown Square                
3.03 Property   1 Rodney Village Shopping Center                
3.04 Property   1 Mattatuck Plaza                
3.05 Property   1 Athens Town Center                
3.06 Property   1 Northeast Plaza                
3.07 Property   1 Hungarybrook Shopping Center                
3.08 Property   1 Plaza North Shopping Center                
3.09 Property   1 Henderson Marketplace                
3.10 Property   1 Ahoskie Commons                
3.11 Property   1 Cummings Park Plaza                
3.12 Property   1 Glenwood Shopping Plaza                
3.13 Property   1 Boulevard Plaza                
3.14 Property   1 Summer Commons                
3.15 Property   1 Centre Plaza                
3.16 Property   1 Market at Riverdale Bend                
3.17 Property   1 Cordele Corners                
3.18 Property   1 Anniston Plaza                
3.19 Property   1 Meeting Square                
3.20 Property   1 Northland Plaza                
3.21 Property   1 Homosassa Square                
3.22 Property   1 Laurens Plaza                
3.23 Property   1 Pelham Plaza                
3.24 Property   1 Plank Plaza                
3.25 Property   1 Collins Plaza                
4 Loan 6 1 Ansonia Commercial Condominium Yes Yes 49,000,000 4,400,000 22,156.85 268,903.61 NAP NAP
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio Yes Yes 48,929,722 998,566 6,074.76 303,738.17 NAP NAP
5.01 Property   1 740 West End Avenue                
5.02 Property   1 217 East 22nd Street                
5.03 Property   1 106 East 7th Street                
5.04 Property   1 328 East 89th Street                
5.05 Property   1 327 East 89th Street                
5.06 Property   1 640 East 14th Street                
5.07 Property   1 239 East 33rd Street                
5.08 Property   1 638 East 14th Street                
5.09 Property   1 426 East 77th Street                
5.10 Property   1 67 Saint Marks Place                
5.11 Property   1 326 East 89th Street                
5.12 Property   1 237 East 33rd Street                
5.13 Property   1 324 East 89th Street                
6 Loan 6, 8 1 Marriott World Headquarters Yes No 48,853,090 202,391,372 1,151,465.65 1,429,405.64 NAP NAP
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op No NAP NAP NAP NAP NAP NAP NAP

 

 

 

 A-1-27 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Pari Passu (Y/N) Pari Passu in Trust Controlling (Y/N) Trust Pari Passu Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Subordinate Companion Loan Cut-off Date Balance ($) Subordinate Companion Loan Interest Rate
                      22 22
8 Loan 6, 7, 16 1 VISA Global HQ Yes No 33,000,000 190,000,000 883,891.43 1,037,409.42 NAP NAP
9 Loan   1 Foothills Park Place Shopping Center No NAP NAP NAP NAP NAP NAP NAP
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. No NAP NAP NAP NAP NAP NAP NAP
11 Loan 9 2 Southern 2-Pack No NAP NAP NAP NAP NAP NAP NAP
11.01 Property   1 Pine Needle Trails                
11.02 Property   1 Cottages at Remington Park                
12 Loan 23 1 Marina's Edge No NAP NAP NAP NAP NAP NAP NAP
13 Loan   1 1801 - 1815 Westchester Avenue No NAP NAP NAP NAP NAP NAP NAP
14 Loan 5 1 128 MacDougal Street No NAP NAP NAP NAP NAP NAP NAP
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. No NAP NAP NAP NAP NAP 0 Greater of (A) 5.00% or (B) Prime Rate
16 Loan   1 StorQuest – Tempe No NAP NAP NAP NAP NAP NAP NAP
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  No NAP NAP NAP NAP NAP 0 Greater of (A) 5.00% or (B) Prime Rate+0.25%
18 Loan 23 1 250-255 Central Avenue No NAP NAP NAP NAP NAP NAP NAP
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. No NAP NAP NAP NAP NAP NAP NAP
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. No NAP NAP NAP NAP NAP 0 Greater of (A) 5.00% or (B) Prime Rate
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. No NAP NAP NAP NAP NAP 0 Greater of (A) 5.00% or (B) Prime Rate
22 Loan 23 1 495 Odell Avenue No NAP NAP NAP NAP NAP NAP NAP
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  No NAP NAP NAP NAP NAP 0 Greater of (A) 5.00% or (B) Prime Rate+0.25%
24 Loan   1 StorQuest – Tahoe Vista No NAP NAP NAP NAP NAP NAP NAP
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. No NAP NAP NAP NAP NAP 0 Greater of (A) 5.00% or (B) Prime Rate
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. No NAP NAP NAP NAP NAP 0 Greater of (A) 5.00% or (B) Prime Rate
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  No NAP NAP NAP NAP NAP 0 Greater of (A) 5.50% or (B) Prime Rate
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. No NAP NAP NAP NAP NAP 0 Greater of (A) 5.00% or (B) Prime Rate
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  No NAP NAP NAP NAP NAP 0 Greater of (A) 5.50% or (B) Prime Rate
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. No NAP NAP NAP NAP NAP 0 Greater of (A) 5.00% or (B) Prime Rate
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. No NAP NAP NAP NAP NAP 0 Greater of (A) 5.00% or (B) Prime Rate
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. No NAP NAP NAP NAP NAP 0 Greater of (A) 5.00% or (B) Prime Rate
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. No NAP NAP NAP NAP NAP 0 Greater of (A) 5.00% or (B) Prime Rate+0.25%
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. No NAP NAP NAP NAP NAP NAP NAP

 

 

 

 A-1-28 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Whole Loan
Cut-off Date Balance ($)
Whole Loan Monthly Debt Service ($) Whole Loan Cut-off Date LTV Ratio (%) Whole Loan Underwritten NCF DSCR (x) Whole Loan Underwritten NOI Debt Yield (%) Mezzanine Debt Cut-off Date Balance($) Mezzanine Debt Interest Rate (%) Total Debt Cut-off Date Balance ($) Total Debt Monthly Debt Service ($) Total Debt Cut-off Date LTV Ratio (%) Total Debt Underwritten NCF DSCR (x)
                               
1 Loan 6, 9 1 Washington Square 340,000,000 1,602,096.53 51.9% 2.07 12.1% NAP NAP NAP NAP NAP NAP
2 Loan 6 1 Discovery Business Center 150,000,000 758,769.10 43.8% 2.69 17.4% NAP NAP NAP NAP NAP NAP
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio 160,000,000 858,425.93 66.9% 1.66 11.8% NAP NAP NAP NAP NAP NAP
3.01 Property   1 The Home Depot                      
3.02 Property   1 Westown Square                      
3.03 Property   1 Rodney Village Shopping Center                      
3.04 Property   1 Mattatuck Plaza                      
3.05 Property   1 Athens Town Center                      
3.06 Property   1 Northeast Plaza                      
3.07 Property   1 Hungarybrook Shopping Center                      
3.08 Property   1 Plaza North Shopping Center                      
3.09 Property   1 Henderson Marketplace                      
3.10 Property   1 Ahoskie Commons                      
3.11 Property   1 Cummings Park Plaza                      
3.12 Property   1 Glenwood Shopping Plaza                      
3.13 Property   1 Boulevard Plaza                      
3.14 Property   1 Summer Commons                      
3.15 Property   1 Centre Plaza                      
3.16 Property   1 Market at Riverdale Bend                      
3.17 Property   1 Cordele Corners                      
3.18 Property   1 Anniston Plaza                      
3.19 Property   1 Meeting Square                      
3.20 Property   1 Northland Plaza                      
3.21 Property   1 Homosassa Square                      
3.22 Property   1 Laurens Plaza                      
3.23 Property   1 Pelham Plaza                      
3.24 Property   1 Plank Plaza                      
3.25 Property   1 Collins Plaza                      
4 Loan 6 1 Ansonia Commercial Condominium 53,400,000 268,903.61 46.4% 1.62 11.0% NAP NAP NAP NAP NAP NAP
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio 49,928,288 303,738.17 37.0% 1.69 12.5% NAP NAP NAP NAP NAP NAP
5.01 Property   1 740 West End Avenue                      
5.02 Property   1 217 East 22nd Street                      
5.03 Property   1 106 East 7th Street                      
5.04 Property   1 328 East 89th Street                      
5.05 Property   1 327 East 89th Street                      
5.06 Property   1 640 East 14th Street                      
5.07 Property   1 239 East 33rd Street                      
5.08 Property   1 638 East 14th Street                      
5.09 Property   1 426 East 77th Street                      
5.10 Property   1 67 Saint Marks Place                      
5.11 Property   1 326 East 89th Street                      
5.12 Property   1 237 East 33rd Street                      
5.13 Property   1 324 East 89th Street                      
6 Loan 6, 8 1 Marriott World Headquarters 251,244,462 1,429,405.64 51.8% 1.76 12.0% NAP NAP NAP NAP NAP NAP
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 

 

 

 A-1-29 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Whole Loan
Cut-off Date Balance ($)
Whole Loan Monthly Debt Service ($) Whole Loan Cut-off Date LTV Ratio (%) Whole Loan Underwritten NCF DSCR (x) Whole Loan Underwritten NOI Debt Yield (%) Mezzanine Debt Cut-off Date Balance($) Mezzanine Debt Interest Rate (%) Total Debt Cut-off Date Balance ($) Total Debt Monthly Debt Service ($) Total Debt Cut-off Date LTV Ratio (%) Total Debt Underwritten NCF DSCR (x)
                               
8 Loan 6, 7, 16 1 VISA Global HQ 223,000,000 1,037,409.42 50.0% 2.19 12.2% 72,000,000 8.25000% 295,000,000 1,539,284.42 66.1% 1.48
9 Loan   1 Foothills Park Place Shopping Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan 9 2 Southern 2-Pack NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
11.01 Property   1 Pine Needle Trails                      
11.02 Property   1 Cottages at Remington Park                      
12 Loan 23 1 Marina's Edge NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13 Loan   1 1801 - 1815 Westchester Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 5 1 128 MacDougal Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. 6,498,199 37,105.97 24.1% 2.72 18.9% NAP NAP NAP NAP NAP NAP
16 Loan   1 StorQuest – Tempe NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  5,250,000 28,959.21 8.2% 4.89 32.7% NAP NAP NAP NAP NAP NAP
18 Loan 23 1 250-255 Central Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. 4,490,726 28,130.39 11.6% 3.59 27.4% NAP NAP NAP NAP NAP NAP
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. 3,850,000 20,077.53 19.8% 4.34 27.7% NAP NAP NAP NAP NAP NAP
22 Loan 23 1 495 Odell Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  3,991,499 25,143.82 16.0% 5.97 46.1% NAP NAP NAP NAP NAP NAP
24 Loan   1 StorQuest – Tahoe Vista NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. 3,497,416 19,753.87 30.7% 2.88 20.0% NAP NAP NAP NAP NAP NAP
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. 3,697,321 20,797.55 17.0% 5.08 34.9% NAP NAP NAP NAP NAP NAP
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  3,642,405 22,913.10 3.9% 13.85 105.4% NAP NAP NAP NAP NAP NAP
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. 4,000,000 21,823.96 11.5% 4.93 33.0% NAP NAP NAP NAP NAP NAP
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  3,100,000 17,579.14 21.1% 4.05 28.3% NAP NAP NAP NAP NAP NAP
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. 2,499,449 14,929.97 35.1% 2.33 17.1% NAP NAP NAP NAP NAP NAP
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. 2,495,166 15,691.62 15.7% 4.57 35.0% NAP NAP NAP NAP NAP NAP
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. 1,750,000 9,416.49 8.1% 9.15 59.7% NAP NAP NAP NAP NAP NAP
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. 1,597,645 10,039.21 12.5% 7.96 61.4% NAP NAP NAP NAP NAP NAP
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 

 A-1-30 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Total Debt Underwritten NOI Debt Yield (%) Future Additional Debt Permitted (Y/N) Future Debt Permitted Type Sponsor Non-Recourse Carveout Guarantor Delaware Statutory Trust (Y/N) Tenants-in-common (Y/N) Loan Purpose
                23 23, 24      
1 Loan 6, 9 1 Washington Square NAP No NAP The Macerich Partnership, L.P. The Macerich Partnership, L.P. No No Recapitalization
2 Loan 6 1 Discovery Business Center NAP Yes Mezzanine The Irvine Company LLC Spectrum Office Properties LLC No No Recapitalization
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio NAP No NAP Coastal Equities Edward Ross, Scott Ross and Howard Arnberg No No Refinance
3.01 Property   1 The Home Depot                
3.02 Property   1 Westown Square                
3.03 Property   1 Rodney Village Shopping Center                
3.04 Property   1 Mattatuck Plaza                
3.05 Property   1 Athens Town Center                
3.06 Property   1 Northeast Plaza                
3.07 Property   1 Hungarybrook Shopping Center                
3.08 Property   1 Plaza North Shopping Center                
3.09 Property   1 Henderson Marketplace                
3.10 Property   1 Ahoskie Commons                
3.11 Property   1 Cummings Park Plaza                
3.12 Property   1 Glenwood Shopping Plaza                
3.13 Property   1 Boulevard Plaza                
3.14 Property   1 Summer Commons                
3.15 Property   1 Centre Plaza                
3.16 Property   1 Market at Riverdale Bend                
3.17 Property   1 Cordele Corners                
3.18 Property   1 Anniston Plaza                
3.19 Property   1 Meeting Square                
3.20 Property   1 Northland Plaza                
3.21 Property   1 Homosassa Square                
3.22 Property   1 Laurens Plaza                
3.23 Property   1 Pelham Plaza                
3.24 Property   1 Plank Plaza                
3.25 Property   1 Collins Plaza                
4 Loan 6 1 Ansonia Commercial Condominium NAP No NAP The Stahl Organization and Sirius LLC Trust Under Article Seventh of the Will of Stanley
Stahl, Jesse Krasnow and Harvey Schussler
No No Refinance
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio NAP No NAP Boaz Adini Boaz Adini No No Recapitalization
5.01 Property   1 740 West End Avenue                
5.02 Property   1 217 East 22nd Street                
5.03 Property   1 106 East 7th Street                
5.04 Property   1 328 East 89th Street                
5.05 Property   1 327 East 89th Street                
5.06 Property   1 640 East 14th Street                
5.07 Property   1 239 East 33rd Street                
5.08 Property   1 638 East 14th Street                
5.09 Property   1 426 East 77th Street                
5.10 Property   1 67 Saint Marks Place                
5.11 Property   1 326 East 89th Street                
5.12 Property   1 237 East 33rd Street                
5.13 Property   1 324 East 89th Street                
6 Loan 6, 8 1 Marriott World Headquarters NAP No NAP 7750 Wisconsin Avenue LLC 7750 Wisconsin Avenue Owner LLC No No Refinance
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op NAP Yes Subordinate 10 West 66th Street Corporation 10 West 66th Street Corporation No No Refinance

 

 

 

 

 A-1-31 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Total Debt Underwritten NOI Debt Yield (%) Future Additional Debt Permitted (Y/N) Future Debt Permitted Type Sponsor Non-Recourse Carveout Guarantor Delaware Statutory Trust (Y/N) Tenants-in-common (Y/N) Loan Purpose
                23 23, 24      
8 Loan 6, 7, 16 1 VISA Global HQ 9.3% No NAP TSCE 2007 Holding, LLC and Giants
Development Services
TSCE 2007 Holdings, L.L.C., Giants Double Play
LLC, Mitsui Fudosan America, Inc., Tishman
Speyer Red Pine Partners, L.P. and U.S. Office
APTWO JV II, L.P.
No No Refinance
9 Loan   1 Foothills Park Place Shopping Center NAP No NAP Linda Q. Hahn Foothills Shopping Center, L.L.C. No No Refinance
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. NAP Yes Unsecured NAP NAP No No Refinance
11 Loan 9 2 Southern 2-Pack NAP No NAP Hurley H. Booth Hurley H. Booth No No Refinance
11.01 Property   1 Pine Needle Trails                
11.02 Property   1 Cottages at Remington Park                
12 Loan 23 1 Marina's Edge NAP No NAP NAP NAP No No Refinance
13 Loan   1 1801 - 1815 Westchester Avenue NAP No NAP Lordae Properties Camillo M. Santomero III and Christopher M. Santomero No No Refinance
14 Loan 5 1 128 MacDougal Street NAP No NAP Miriam Sharifian Miriam Sharifian No No Refinance
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. NAP Yes Unsecured NAP NAP No No Refinance
16 Loan   1 StorQuest – Tempe NAP No NAP Clark W. Porter, William W. Hobin,
Timothy B. Hobin and Gary Sugarman
Clark W. Porter, William W. Hobin, Timothy B.
Hobin and Gary Sugarman
No No Refinance
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  NAP Yes Unsecured NAP NAP No No Refinance
18 Loan 23 1 250-255 Central Avenue NAP No NAP NAP NAP No No Refinance
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. NAP Yes Unsecured NAP NAP No No Refinance
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. NAP Yes Unsecured NAP NAP No No Refinance
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. NAP Yes Unsecured NAP NAP No No Refinance
22 Loan 23 1 495 Odell Avenue NAP Yes Subordinate NAP NAP No No Refinance
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  NAP Yes Unsecured NAP NAP No No Refinance
24 Loan   1 StorQuest – Tahoe Vista NAP No NAP Clark W. Porter, William W. Hobin,
Timothy B. Hobin and Gary Sugarman
Clark W. Porter, William W. Hobin, Timothy B.
Hobin and Gary Sugarman
No No Refinance
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. NAP Yes Unsecured NAP NAP No No Refinance
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. NAP Yes Unsecured NAP NAP No No Refinance
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  NAP Yes Unsecured NAP NAP No No Refinance
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. NAP Yes Unsecured NAP NAP No No Refinance
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  NAP Yes Unsecured NAP NAP No No Refinance
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. NAP Yes Unsecured NAP NAP No No Refinance
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. NAP Yes Unsecured NAP NAP No No Refinance
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. NAP Yes Unsecured NAP NAP No No Refinance
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. NAP Yes Unsecured NAP NAP No No Refinance
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. NAP Yes Unsecured NAP NAP No No Refinance

 

 

 

 A-1-32 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Property Located Within a Qualified Opportunity Zone (Y/N) Sources: Loan Amount ($) Sources: Principal's New Cash Contribution ($) Sources: Subordinate Debt ($) Sources: Other
Sources ($)
Sources: Total Sources ($) Uses: Loan
Payoff ($)
Uses: Purchase
Price ($)
Uses: Closing
 Costs ($)
Uses:
Reserves ($)
Uses: Principal Equity Distribution ($)
                               
1 Loan 6, 9 1 Washington Square   340,000,000 0 0 0 340,000,000 0 0 1,090,095 2,908,053 336,001,852
2 Loan 6 1 Discovery Business Center   150,000,000 0 0 0 150,000,000 0 0 568,147 8,193,114 141,238,739
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio   160,000,000 3,398,449 0 0 163,398,449 153,124,511 0 3,836,838 6,437,100 0
3.01 Property   1 The Home Depot                      
3.02 Property   1 Westown Square                      
3.03 Property   1 Rodney Village Shopping Center                      
3.04 Property   1 Mattatuck Plaza                      
3.05 Property   1 Athens Town Center                      
3.06 Property   1 Northeast Plaza                      
3.07 Property   1 Hungarybrook Shopping Center                      
3.08 Property   1 Plaza North Shopping Center                      
3.09 Property   1 Henderson Marketplace                      
3.10 Property   1 Ahoskie Commons                      
3.11 Property   1 Cummings Park Plaza                      
3.12 Property   1 Glenwood Shopping Plaza                      
3.13 Property   1 Boulevard Plaza                      
3.14 Property   1 Summer Commons                      
3.15 Property   1 Centre Plaza                      
3.16 Property   1 Market at Riverdale Bend                      
3.17 Property   1 Cordele Corners                      
3.18 Property   1 Anniston Plaza                      
3.19 Property   1 Meeting Square                      
3.20 Property   1 Northland Plaza                      
3.21 Property   1 Homosassa Square                      
3.22 Property   1 Laurens Plaza                      
3.23 Property   1 Pelham Plaza                      
3.24 Property   1 Plank Plaza                      
3.25 Property   1 Collins Plaza                      
4 Loan 6 1 Ansonia Commercial Condominium   53,400,000 4,498,141 0 0 57,898,141 54,157,100 0 717,344 3,023,697 0
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio   50,000,000 0 0 0 50,000,000 0 0 2,523,607 939,196 46,537,197
5.01 Property   1 740 West End Avenue                      
5.02 Property   1 217 East 22nd Street                      
5.03 Property   1 106 East 7th Street                      
5.04 Property   1 328 East 89th Street                      
5.05 Property   1 327 East 89th Street                      
5.06 Property   1 640 East 14th Street                      
5.07 Property   1 239 East 33rd Street                      
5.08 Property   1 638 East 14th Street                      
5.09 Property   1 426 East 77th Street                      
5.10 Property   1 67 Saint Marks Place                      
5.11 Property   1 326 East 89th Street                      
5.12 Property   1 237 East 33rd Street                      
5.13 Property   1 324 East 89th Street                      
6 Loan 6, 8 1 Marriott World Headquarters   252,000,000 1,737,330 0 0 253,737,330 252,777,661 0 959,668 0 0
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op   35,000,000 0 0 0 35,000,000 20,222,678 0 2,374,494 0 12,402,828

 

 

 

 

 A-1-33 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Property Located Within a Qualified Opportunity Zone (Y/N) Sources: Loan Amount ($) Sources: Principal's New Cash Contribution ($) Sources: Subordinate Debt ($) Sources: Other
Sources ($)
Sources: Total Sources ($) Uses: Loan
Payoff ($)
Uses: Purchase
Price ($)
Uses: Closing
 Costs ($)
Uses:
Reserves ($)
Uses: Principal Equity Distribution ($)
                               
8 Loan 6, 7, 16 1 VISA Global HQ   223,000,000 1,154,261 72,000,000 0 296,154,261 281,259,478 0 7,654,783 7,240,000 0
9 Loan   1 Foothills Park Place Shopping Center   20,000,000 3,623,730 0 0 23,623,730 22,941,394 0 379,646 302,690 0
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp.   12,000,000 0 0 0 12,000,000 8,510,488 0 619,513 87,500 0
11 Loan 9 2 Southern 2-Pack                      
11.01 Property   1 Pine Needle Trails                      
11.02 Property   1 Cottages at Remington Park                      
12 Loan 23 1 Marina's Edge                      
13 Loan   1 1801 - 1815 Westchester Avenue                      
14 Loan 5 1 128 MacDougal Street                      
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd.                      
16 Loan   1 StorQuest – Tempe                      
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.                       
18 Loan 23 1 250-255 Central Avenue                      
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp.                      
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc.                      
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc.                      
22 Loan 23 1 495 Odell Avenue                      
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation                       
24 Loan   1 StorQuest – Tahoe Vista                      
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc.                      
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp.                      
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.                       
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp.                      
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation                       
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc.                      
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp.                      
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp.                      
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc.                      
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp.                      

 

 

 

 A-1-34 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Uses: Other
Uses ($)
Uses: Total
Uses ($)
Franchise Agreement Expiration Underwritten
ADR ($)
Underwritten
RevPAR ($)
Underwritten Hotel
Occupancy (%)
Most Recent
ADR ($)
Most Recent
RevPAR ($)
Most Recent Hotel Occupancy (%) Second Most Recent ADR ($) Second Most Recent RevPAR ($)
                               
1 Loan 6, 9 1 Washington Square 0 340,000,000 NAP NAP NAP NAP NAP NAP NAP NAP NAP
2 Loan 6 1 Discovery Business Center 0 150,000,000 NAP NAP NAP NAP NAP NAP NAP NAP NAP
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio 0 163,398,449 NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.01 Property   1 The Home Depot     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.02 Property   1 Westown Square     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.03 Property   1 Rodney Village Shopping Center     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.04 Property   1 Mattatuck Plaza     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.05 Property   1 Athens Town Center     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.06 Property   1 Northeast Plaza     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.07 Property   1 Hungarybrook Shopping Center     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.08 Property   1 Plaza North Shopping Center     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.09 Property   1 Henderson Marketplace     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.10 Property   1 Ahoskie Commons     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.11 Property   1 Cummings Park Plaza     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.12 Property   1 Glenwood Shopping Plaza     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.13 Property   1 Boulevard Plaza     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.14 Property   1 Summer Commons     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.15 Property   1 Centre Plaza     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.16 Property   1 Market at Riverdale Bend     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.17 Property   1 Cordele Corners     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.18 Property   1 Anniston Plaza     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.19 Property   1 Meeting Square     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.20 Property   1 Northland Plaza     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.21 Property   1 Homosassa Square     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.22 Property   1 Laurens Plaza     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.23 Property   1 Pelham Plaza     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.24 Property   1 Plank Plaza     NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.25 Property   1 Collins Plaza     NAP NAP NAP NAP NAP NAP NAP NAP NAP
4 Loan 6 1 Ansonia Commercial Condominium 0 57,898,141 NAP NAP NAP NAP NAP NAP NAP NAP NAP
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio 0 50,000,000 NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.01 Property   1 740 West End Avenue     NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.02 Property   1 217 East 22nd Street     NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.03 Property   1 106 East 7th Street     NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.04 Property   1 328 East 89th Street     NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.05 Property   1 327 East 89th Street     NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.06 Property   1 640 East 14th Street     NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.07 Property   1 239 East 33rd Street     NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.08 Property   1 638 East 14th Street     NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.09 Property   1 426 East 77th Street     NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.10 Property   1 67 Saint Marks Place     NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.11 Property   1 326 East 89th Street     NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.12 Property   1 237 East 33rd Street     NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.13 Property   1 324 East 89th Street     NAP NAP NAP NAP NAP NAP NAP NAP NAP
6 Loan 6, 8 1 Marriott World Headquarters 0 253,737,330 NAP NAP NAP NAP NAP NAP NAP NAP NAP
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op 0 35,000,000 NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 

 

 A-1-35 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Uses: Other
Uses ($)
Uses: Total
Uses ($)
Franchise Agreement Expiration Underwritten
ADR ($)
Underwritten
RevPAR ($)
Underwritten Hotel
Occupancy (%)
Most Recent
ADR ($)
Most Recent
RevPAR ($)
Most Recent Hotel Occupancy (%) Second Most Recent ADR ($) Second Most Recent RevPAR ($)
                               
8 Loan 6, 7, 16 1 VISA Global HQ 0 296,154,261 NAP NAP NAP NAP NAP NAP NAP NAP NAP
9 Loan   1 Foothills Park Place Shopping Center 0 23,623,730 NAP NAP NAP NAP NAP NAP NAP NAP NAP
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. 2,782,499 12,000,000 NAP NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan 9 2 Southern 2-Pack     NAP NAP NAP NAP NAP NAP NAP NAP NAP
11.01 Property   1 Pine Needle Trails     NAP NAP NAP NAP NAP NAP NAP NAP NAP
11.02 Property   1 Cottages at Remington Park     NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan 23 1 Marina's Edge     NAP NAP NAP NAP NAP NAP NAP NAP NAP
13 Loan   1 1801 - 1815 Westchester Avenue     NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 5 1 128 MacDougal Street     NAP NAP NAP NAP NAP NAP NAP NAP NAP
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd.     NAP NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan   1 StorQuest – Tempe     NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.      NAP NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 23 1 250-255 Central Avenue     NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp.     NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc.     NAP NAP NAP NAP NAP NAP NAP NAP NAP
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc.     NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan 23 1 495 Odell Avenue     NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation      NAP NAP NAP NAP NAP NAP NAP NAP NAP
24 Loan   1 StorQuest – Tahoe Vista     NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc.     NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp.     NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.      NAP NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp.     NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation      NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc.     NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp.     NAP NAP NAP NAP NAP NAP NAP NAP NAP
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp.     NAP NAP NAP NAP NAP NAP NAP NAP NAP
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc.     NAP NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp.     NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 

 A-1-36 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Second Most Recent Hotel Occupancy (%) Third Most
Recent ADR ($)
Third Most
Recent RevPAR ($)
Third Most Recent Hotel Occupancy (%) Coop - Committed Secondary Debt Coop - Rental Value Coop - LTV as Rental  Coop - Unsold Percent Coop - Sponsor Units
                           
1 Loan 6, 9 1 Washington Square NAP NAP NAP NAP          
2 Loan 6 1 Discovery Business Center NAP NAP NAP NAP          
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio NAP NAP NAP NAP          
3.01 Property   1 The Home Depot NAP NAP NAP NAP          
3.02 Property   1 Westown Square NAP NAP NAP NAP          
3.03 Property   1 Rodney Village Shopping Center NAP NAP NAP NAP          
3.04 Property   1 Mattatuck Plaza NAP NAP NAP NAP          
3.05 Property   1 Athens Town Center NAP NAP NAP NAP          
3.06 Property   1 Northeast Plaza NAP NAP NAP NAP          
3.07 Property   1 Hungarybrook Shopping Center NAP NAP NAP NAP          
3.08 Property   1 Plaza North Shopping Center NAP NAP NAP NAP          
3.09 Property   1 Henderson Marketplace NAP NAP NAP NAP          
3.10 Property   1 Ahoskie Commons NAP NAP NAP NAP          
3.11 Property   1 Cummings Park Plaza NAP NAP NAP NAP          
3.12 Property   1 Glenwood Shopping Plaza NAP NAP NAP NAP          
3.13 Property   1 Boulevard Plaza NAP NAP NAP NAP          
3.14 Property   1 Summer Commons NAP NAP NAP NAP          
3.15 Property   1 Centre Plaza NAP NAP NAP NAP          
3.16 Property   1 Market at Riverdale Bend NAP NAP NAP NAP          
3.17 Property   1 Cordele Corners NAP NAP NAP NAP          
3.18 Property   1 Anniston Plaza NAP NAP NAP NAP          
3.19 Property   1 Meeting Square NAP NAP NAP NAP          
3.20 Property   1 Northland Plaza NAP NAP NAP NAP          
3.21 Property   1 Homosassa Square NAP NAP NAP NAP          
3.22 Property   1 Laurens Plaza NAP NAP NAP NAP          
3.23 Property   1 Pelham Plaza NAP NAP NAP NAP          
3.24 Property   1 Plank Plaza NAP NAP NAP NAP          
3.25 Property   1 Collins Plaza NAP NAP NAP NAP          
4 Loan 6 1 Ansonia Commercial Condominium NAP NAP NAP NAP          
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio NAP NAP NAP NAP          
5.01 Property   1 740 West End Avenue NAP NAP NAP NAP          
5.02 Property   1 217 East 22nd Street NAP NAP NAP NAP          
5.03 Property   1 106 East 7th Street NAP NAP NAP NAP          
5.04 Property   1 328 East 89th Street NAP NAP NAP NAP          
5.05 Property   1 327 East 89th Street NAP NAP NAP NAP          
5.06 Property   1 640 East 14th Street NAP NAP NAP NAP          
5.07 Property   1 239 East 33rd Street NAP NAP NAP NAP          
5.08 Property   1 638 East 14th Street NAP NAP NAP NAP          
5.09 Property   1 426 East 77th Street NAP NAP NAP NAP          
5.10 Property   1 67 Saint Marks Place NAP NAP NAP NAP          
5.11 Property   1 326 East 89th Street NAP NAP NAP NAP          
5.12 Property   1 237 East 33rd Street NAP NAP NAP NAP          
5.13 Property   1 324 East 89th Street NAP NAP NAP NAP          
6 Loan 6, 8 1 Marriott World Headquarters NAP NAP NAP NAP          
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op NAP NAP NAP NAP NAP 320,000,000 10.9% 0.0% 0

 

 

 

 A-1-37 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Second Most Recent Hotel Occupancy (%) Third Most
Recent ADR ($)
Third Most
Recent RevPAR ($)
Third Most Recent Hotel Occupancy (%) Coop - Committed Secondary Debt Coop - Rental Value Coop - LTV as Rental  Coop - Unsold Percent Coop - Sponsor Units
                           
8 Loan 6, 7, 16 1 VISA Global HQ NAP NAP NAP NAP          
9 Loan   1 Foothills Park Place Shopping Center NAP NAP NAP NAP          
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. NAP NAP NAP NAP NAP 150,000,000 8.0% 8.7% 0
11 Loan 9 2 Southern 2-Pack NAP NAP NAP NAP          
11.01 Property   1 Pine Needle Trails NAP NAP NAP NAP          
11.02 Property   1 Cottages at Remington Park NAP NAP NAP NAP          
12 Loan 23 1 Marina's Edge NAP NAP NAP NAP NAP 32,250,000 24.8% 54.0% 114
13 Loan   1 1801 - 1815 Westchester Avenue NAP NAP NAP NAP          
14 Loan 5 1 128 MacDougal Street NAP NAP NAP NAP          
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. NAP NAP NAP NAP 500,000 21,000,000 28.6% 40.2% 43
16 Loan   1 StorQuest – Tempe NAP NAP NAP NAP          
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  NAP NAP NAP NAP 500,000 29,600,000 16.0% 5.5% 4
18 Loan 23 1 250-255 Central Avenue NAP NAP NAP NAP NAP 17,300,000 27.2% 0.0% 0
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. NAP NAP NAP NAP NAP 25,400,000 14.9% 1.3% 0
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. NAP NAP NAP NAP 700,000 22,000,000 17.2% 5.6% 3
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. NAP NAP NAP NAP 250,000 17,400,000 20.7% 1.4% 1
22 Loan 23 1 495 Odell Avenue NAP NAP NAP NAP NAP 14,250,000 24.5% 12.5% 12
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  NAP NAP NAP NAP 500,000 28,800,000 12.1% 0.0% 0
24 Loan   1 StorQuest – Tahoe Vista NAP NAP NAP NAP          
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. NAP NAP NAP NAP 300,000 11,400,000 28.0% 19.0% 12
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. NAP NAP NAP NAP 500,000 19,300,000 16.6% 0.0% 0
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  NAP NAP NAP NAP 500,000 66,300,000 4.7% 0.0% 0
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. NAP NAP NAP NAP 1,000,000 23,500,000 12.8% 6.0% 3
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  NAP NAP NAP NAP 500,000 14,200,000 18.3% 26.0% 19
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. NAP NAP NAP NAP 200,000 6,000,000 38.3% 43.9% 18
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. NAP NAP NAP NAP 500,000 13,200,000 15.1% 27.3% 15
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. NAP NAP NAP NAP 250,000 18,000,000 8.3% 0.0% 0
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. NAP NAP NAP NAP 200,000 16,000,000 8.7% 18.1% 0
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. NAP NAP NAP NAP NAP 17,300,000 5.8% 0.0% 0

 

 

 A-1-38 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Coop - Investor Units Coop - Coop Units Coop - Sponsor/Investor Carry  
                 
1 Loan 6, 9 1 Washington Square        
2 Loan 6 1 Discovery Business Center        
3 Loan 6, 10, 13, 18, 19, 20, 21, A 25 Coastal Equities Portfolio        
3.01 Property   1 The Home Depot        
3.02 Property   1 Westown Square        
3.03 Property   1 Rodney Village Shopping Center        
3.04 Property   1 Mattatuck Plaza        
3.05 Property   1 Athens Town Center        
3.06 Property   1 Northeast Plaza        
3.07 Property   1 Hungarybrook Shopping Center        
3.08 Property   1 Plaza North Shopping Center        
3.09 Property   1 Henderson Marketplace        
3.10 Property   1 Ahoskie Commons        
3.11 Property   1 Cummings Park Plaza        
3.12 Property   1 Glenwood Shopping Plaza        
3.13 Property   1 Boulevard Plaza        
3.14 Property   1 Summer Commons        
3.15 Property   1 Centre Plaza        
3.16 Property   1 Market at Riverdale Bend        
3.17 Property   1 Cordele Corners        
3.18 Property   1 Anniston Plaza        
3.19 Property   1 Meeting Square        
3.20 Property   1 Northland Plaza        
3.21 Property   1 Homosassa Square        
3.22 Property   1 Laurens Plaza        
3.23 Property   1 Pelham Plaza        
3.24 Property   1 Plank Plaza        
3.25 Property   1 Collins Plaza        
4 Loan 6 1 Ansonia Commercial Condominium        
5 Loan 6, 9, 14, 24, B 13 Adini Portfolio        
5.01 Property   1 740 West End Avenue        
5.02 Property   1 217 East 22nd Street        
5.03 Property   1 106 East 7th Street        
5.04 Property   1 328 East 89th Street        
5.05 Property   1 327 East 89th Street        
5.06 Property   1 640 East 14th Street        
5.07 Property   1 239 East 33rd Street        
5.08 Property   1 638 East 14th Street        
5.09 Property   1 426 East 77th Street        
5.10 Property   1 67 Saint Marks Place        
5.11 Property   1 326 East 89th Street        
5.12 Property   1 237 East 33rd Street        
5.13 Property   1 324 East 89th Street        
6 Loan 6, 8 1 Marriott World Headquarters        
7 Loan 12, 15, 23 1 10 West 66th Street Co-Op 0 0 NAP  

 

 

 

 

 A-1-39 

 

BANK 2025-BNK50

Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Coop - Investor Units Coop - Coop Units Coop - Sponsor/Investor Carry  
                 
8 Loan 6, 7, 16 1 VISA Global HQ        
9 Loan   1 Foothills Park Place Shopping Center        
10 Loan 11, 17, 22, 23, C 1 Alley Pond Owners Corp. 48 0 52,512  
11 Loan 9 2 Southern 2-Pack        
11.01 Property   1 Pine Needle Trails        
11.02 Property   1 Cottages at Remington Park        
12 Loan 23 1 Marina's Edge 0 0 NAP  
13 Loan   1 1801 - 1815 Westchester Avenue        
14 Loan 5 1 128 MacDougal Street        
15 Loan 11, 17, 22, 23, C 1 The Curtis Residence Ltd. 0 0 355,829  
16 Loan   1 StorQuest – Tempe        
17 Loan 11, 17, 22, 23, C 1 319 E. 50 St. Owners Corp.  2 0 -64,064  
18 Loan 23 1 250-255 Central Avenue 0 0 NAP  
19 Loan 11, 17, 22, 23, C 1 Hawthorne Gardens Owners Corp. 0 1 NAP  
20 Loan 11, 17, 22, 23, C 1 Windsor Terrace Apts., Inc. 0 0 3,819  
21 Loan 11, 17, 22, 23, C 1 16 Main Street Owners, Inc. 0 0 8,914  
22 Loan 23 1 495 Odell Avenue 0 0 NAP  
23 Loan 11, 17, 22, 23, C 1 2221 Palmer Avenue Corporation  0 0 NAP  
24 Loan   1 StorQuest – Tahoe Vista        
25 Loan 11, 17, 22, 23, C 1 3176 Decatur Avenue Owners, Inc. 0 0 107,710  
26 Loan 11, 17, 22, 23, C 1 12 Westchester Avenue Tenants Corp. 0 0 NAP  
27 Loan 11, 17, 22, 23, C 1 333 East 53 Tenants Corp.  0 0 NAP  
28 Loan 11, 17, 22, 23, C 1 Cheltoncort Owners Corp. 0 0 -19,341  
29 Loan 11, 17, 22, 23, C 1 Denn Owners Corporation  0 0 -7,826  
30 Loan 11, 17, 22, 23, C 1 585 McLean Owners, Inc. 0 0 87,883  
31 Loan 11, 17, 22, 23, C 1 Fairfield Tenant Corp. 0 0 143,893  
32 Loan 11, 17, 22, 23, C 1 25 Chapel Corp. 0 0 NAP  
33 Loan 11, 17, 22, 23, C 1 Woodcrest Gardens, Inc. 13 0 71,782  
34 Loan 11, 17, 22, 23, C 1 30 Bond Street Owners Corp. 0 0 NAP  

 

 

 

 A-1-40 

 

BANK 2025-BNK50

Footnotes to Annex A-1

(1)JPMCB—JPMorgan Chase Bank, National Association; MSBNA—Morgan Stanley Bank, N.A.; BANA—Bank of America, National Association; MSMCH—Morgan Stanley Mortgage Capital Holdings LLC; WFB—Wells Fargo Bank, National Association; NCB—National Cooperative Bank, N.A.; NCCB—National Consumer Cooperative Bank.
(2)Certain tenants may not be in occupancy or may be in free rent periods. See "Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” in this prospectus for information regarding the 5 largest tenants at mortgaged properties securing the 10 largest Mortgage Loans and tenants that occupy 50% or more of the net rentable area at their respective mortgaged properties which are not in occupancy or are in free rent periods.
(3)The Administrative Fee Rate includes the master servicing fee rate, operating advisor fee rate, certificate administrator/trustee fee rate, asset representations reviewer fee rate, primary or sub-servicing servicing fee rate, CREFC® license fee rate and, with respect to any non-serviced Mortgage Loan, pari passu loan primary servicing fee rate, in each case applicable to the related Mortgage Loan.
(4)Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See "Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” for information regarding certain lease termination options affecting the 5 largest tenants at mortgaged properties securing the 10 largest Mortgage Loans and tenants that occupy 50% or more of the net rentable area at their respective mortgaged properties.
(5)With resepct to Mortgage Loan No. 14, 128 MacDougal Street, the Property is a mixed use property with 20 multifamily units (72.7% of underwritten rent) and 1,650 SF of ground floor retail space (27.3% of underwritten rent). Loan Per Unit ($) is based off of the 20 multifamily units.
(6)With respect to Mortgage Loan No. 1, Washington Square, Mortgage Loan No. 2, Discovery Business Center, Mortgage Loan No. 3, Coastal Equities Portfolio, Mortgage Loan No. 4, Ansonia Commercial Condomiunium, Mortgage Loan No. 5, Adini Portfolio, Mortgage Loan No. 6, Marriott World Headquarters and Mortgage Loan No. 8, VISA Global HQ, such Mortgage Loans are each part of a Whole Loan related to the Issuing Entity. For purposes of the statistical information set forth in this prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Loan Per Unit ($) calculations are in each case based on the subject Mortgage Loan together with any related Pari Passu Companion Loan, but (unless otherwise indicated) without regard to any related Subordinate Companion Loan(s). For further information, see “Description of the Mortgage Pool—The Whole Loans—General”, “—The Serviced Pari Passu Whole Loans”, “—The Non-Serviced Pari Passu Whole Loans”, and “Pooling and Servicing Agreement” or “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans,” as applicable, in this prospectus.
(7)With respect to Mortgage Loan No. 8, VISA Global HQ, the Mortgage Loan is structured with an Anticipated Repayment Date (“ARD”) of September 6, 2034, and has a final maturity date of March 6, 2038. The VISA Global HQ Whole Loan accrues interest at a rate of 5.5060% per annum until the ARD. After the ARD, the interest rate will increase to a per annum rate equal to the sum of (i) 5.5060% and (ii) 4.0000% (the “Adjusted Interest Rate”); however, interest accrued at the excess of the Adjusted Interest Rate over the initial interest rate will be deferred. In addition, after the ARD, all excess cash flow will be applied to repay the principal balance of the Mortgage Loan.
(8)With respect to Mortgage Loan No. 6, Marriott World Headquarters, once every 12-month period during the term of the loan, the Grace Period - Default (Days) will be two business days.
(9)With respect to Mortgage Loan No. 1, Washington Square, Mortgage Loan No. 5, the Adini Portfolio and Mortgage Loan No. 11, Southern 2-Pack, the related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, and/or other release conditions, in connection with a partial defeasance or prepayment of the related mortgage loan. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and “—Releases; Partial Releases; Property Additions” in this prospectus.

 

 A-1-41 

 

(10)With respect to Mortgage Loan No. 3, Coastal Equities Portfolio, certain of the individual borrowers may obtain the release of certain outparcels without any prepayment or defeasance upon satisfaction of certain conditions set forth in the Mortgage Loan documents, including, without limitation, the applicable individual borrowers deposit 100% of net sales proceeds from the sale into the excess collateral account. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and “—Releases; Partial Releases; Property Additions” in this prospectus.
(11)With respect to the residential cooperative mortgage loans sold to the trust by National Cooperative Bank, N.A., the Underwritten Economic Occupancy (%) and Leased Occupancy (%) reported reflects the property vacancy assumption in the related appraisal for purposes of determining the Appraised Value of the related Mortgaged Property as a multifamily rental property (i.e., the Coop - Rental Value).
(12)With respect to Mortgage Loan No. 7, 10 West 66th Street Co-Op, there is no historical financial information presented. Residential cooperatives are generally organized and operated as not-for-profit entities that set maintenance fees to cover current expenses and plan for future capital needs. The UW Gross Potential Rent for the 10 West 66th Street Co-Op Property is the projected Gross Potential Rent reflected in the appraisal. The projected net operating income, in general, equals projected effective gross income at the 10 West 66th Street Co-Op Property assuming that it is operated as a multifamily rental property with rents and other income set at the prevailing market rates, reduced by underwritten property operating expenses and a vacancy assumption of 5.0%. The projected rental income used in such determinations differs materially from the scheduled monthly maintenance payments from the tenant shareholders at the 10 West 66th Street Co-Op Property. See “Risk Factors—Risks Relating to the Mortgage Loans—Residential Cooperative Properties Have Special Risks” in the prospectus.
(13)With respect to Coastal Equities Portfolio, Mortgage Loan No. 3, the portfolio appraisal concluded to a “Hypothetical – As-If Funded” Portfolio value of $239,000,000 as of February 1, 2025, which (a) is inclusive of a 3.2% portfolio premium over the aggregate “As Is” appraisal value of the individual Mortgaged Properties (excluding Plaza North Shopping Center, for the “Market Value As-Is (Includes Surplus Land Lots 3A, 5A, 5B)” value was utilized and Anniston Plaza, for which the “Market Value As-Is - Including Surplus Land” value was utilized) and (b) assumes that $2,000,000 in tenant improvements and leasing commissions have been escrowed. The related borrowers were required to reserve $2,000,000 at loan origination. In addition, the aggregate appraised value of the individual Coastal Equities Portfolio Properties on a property-by-property basis was $231,500,000, which results in a Cut-off Date LTV Ratio and Maturity Date LTV Ratio of 69.1%.
(14)With respect to Adini Portfolio, Mortgage Loan No. 5, Appraised Value is based on the “As Portfolio” value, inclusive of a 2.7% portfolio premium. The aggregate appraised value of the Adini Portfolio Properties as of various dates in March 2025 on a property-by-property basis was $131,450,000, which results in a Cut-off Date LTV Ratio and Maturity Date LTV Ratio of 38.0% and 28.9%, respectively.
(15)With respect to Mortgage Loan No. 7, 10 West 66th Street Co-Op, the appraised value reflected above represents a Gross Sellout Value (Inclusive Of Cooperative Mortgage Debt). Such value assumes that the 10 West 66th Street Co-Op Property is operated as a residential cooperative and, in general, such value equals the gross sellout value of all residential cooperative units in such residential cooperative property, based in part on various comparable sales of cooperative apartment units in the market, and without deducting marketing and promotion costs, sales commission, legal and transfer expenses, carrying costs or developer’s profit, or taking into account any absorption period for the units, including the amount of the underlying mortgage. The gross sellout value does not represent a market value. The appraiser concluded a market as is value of $320,000,000, which assumes that the 10 West 66th Street Co-Op Property is operated as a rental property, which value would result in a Cut-off Date LTV Ratio and Maturity Date LTV Ratio of 10.9%.
(16)With respect to Mortgage Loan No. 8, VISA Global HQ, the appraised value represents the “Prospective Value Upon Stabilization”, which assumes that VISA, Inc. has taken occupancy at the VISA Global HQ Property, which occupancy has occurred. The appraisal concluded to an “as-is” appraised value of $409,000,000 as of April 11, 2024. The “as-is” appraised value results in a Cut-off Date LTV of 54.5% for the VISA Global HQ Whole Loan.
 A-1-42 

 

(17)With respect to the residential cooperative mortgage loans sold to the trust by National Cooperative Bank, N.A., the Occupancy Date reported reflects the valuation date of the related appraisal for purposes of determining the Appraised Value of the related Mortgaged Property as a multifamily rental property (i.e., the Coop - Rental Value).
(18)With respect to Coastal Equities Portfolio, Mortgage Loan No. 3, The Home Depot Property is a single-tenant retail property with The Home Depot as the tenant. The Home Depot lease is set to expire on November 30, 2028, subject to nine, consecutive renewal options of five years each.
(19)With respect to Coastal Equities Portfolio, Mortgage Loan No. 3, Big Lots, the Second Largest Tenant at the Athens Town Center Mortgaged Property, filed for bankruptcy and was later acquired by Gordon Brothers, who then faciliated transfers of the assets of Big Lots to other parties, including Variety Wholesalers, Inc., who intends to re-open more than 200 stores under the Big Lots brand.
(20)With respect to Coastal Equities Portfolio, Mortgage Loan No. 3, upon the balance in the rollover escrow reserve being equal to or less than $500,000, the borrowers are required to begin making monthly deposits of $114,974, subject to a cap of $750,000.
(21)With respect to Coastal Equities Portfolio, Mortgage Loan No. 3, subsequent to the loan origination, the borrower deposited $365,400.00 into the Required Repairs Reserve in satisfaction of a post-closing obligation set forth in the Post-Closing Letter that was delivered by the borrowers at loan origination.
(22)With respect to the residential cooperative Mortgage Loans sold to the trust by National Cooperative Bank, N.A., the information contained in the columns entitled “Subordinate Companion Loan Cut-off Date Balance” and “Subordinate Companion Loan Interest Rate” also includes relevant information regarding the subordinate lines of credit corresponding to such loans, although those subordinate lines of credit are not considered Companion Loans. See the chart column entitled “Non-Trust Mortgage Loan Interest Rate” under “Risk Factors—Other Secured Indebtedness—Additional Debt Secured by Residential Cooperative Properties” in this prospectus.
(23)With respect to all residential cooperative Mortgage Loans, the borrower is a cooperative housing corporation. No individual or entity (other than the borrower) has recourse obligations with respect to the residential cooperative Mortgage Loans sold to the trust, including pursuant to any guaranty or environmental indemnity. Accordingly, no information is presented in the columns labeled Sponsor and Non-Recourse Carveout Guarantor or is shown same as the borrower in Annex A-1. In addition, due to the specialized nature of residential housing cooperatives, certain information presented in and shown on Annex A-1 with respect to other Mortgage Loans is not presented with respect to the residential cooperative Mortgage Loans sold to the trust and is, instead, reflected as not applicable (NAP) or not available (NAV). For example, since residential cooperatives are not-for-profit entities that generally set maintenance fees to cover current expenses and plan for future capital needs and a residential cooperative is generally able to increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves, historical Net Operating Income figures for residential cooperative properties are generally not representative of the cash flow generated by the property if it were operated as a multifamily rental property. Accordingly, the Most Recent NOI, Second Most Recent NOI, Third Most Recent NOI, and the related fields shown on Annex A-1 are not presented on Annex A-1 with respect to the residential cooperative Mortgage Loans sold to the trust. In addition, see “Risk Factors—Risks Relating to the Mortgage Loans—Residential Cooperative Properties Have Special Risks” with respect to the determination of certain fields on Annex A-1, including but not limited to the Appraised Value, Coop-Rental Value, Underwritten Net Operating Income and Underwritten Net Cash Flow.
(24)With respect to Adini Portfolio, Mortgage Loan No. 5, the Nonrecourse Carve-out Guarantor is an Israeli citizen. However, the underwritten net worth and liquid asset exclude any non-U.S. based assets.
A.“Yield Maintenance Premium” shall mean an amount equal to the greater of (a) one percent (1%) of the outstanding principal of the Loan to be prepaid or satisfied and (b) the excess, if any, of (i) the sum of the present values of all then-scheduled payments of principal and interest under the Note assuming that all scheduled payments are made timely and that the remaining outstanding principal and interest on the Loan is paid on the Permitted Par Prepayment Date (with each such payment and assumed payment discounted to its present value at the date of prepayment at the rate which, when compounded monthly, is equivalent to the Prepayment Rate when compounded semi-annually and deducting from the sum of such present values any short-term interest paid from the date of prepayment to the
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next succeeding Payment Date in the event such payment is not made on a Payment Date), over (ii) the principal amount being prepaid.
B.“Yield Maintenance Premium” shall mean, with respect to any repayment of the outstanding principal balance of the Loan, an amount equal to the greater of (a) one percent (1%) of the outstanding principal of the portion of the Loan to be prepaid or satisfied and (b) the excess, if any, of (i) the sum of the present values of all then-scheduled payments of principal and interest under the Note to be made with respect to the portion of the Loan under the Note assuming that all scheduled payments are made timely and that the remaining outstanding principal and interest on the portion of the Loan being prepaid is paid on the Maturity Date (with each such payment and assumed payment discounted to its present value at the date of prepayment at the rate which, when compounded monthly, is equivalent to the Prepayment Rate when compounded semi-annually and deducting from the sum of such present values any short-term interest paid from the date of prepayment to the next succeeding Payment Date in the event such payment is not made on a Payment Date), over (ii) the principal amount being prepaid.
C.“Yield Maintenance Premium” is equal to the greater of: (A) One percent (1%) of the amount of principal being prepaid; or (B) The product obtained by multiplying: (1) the amount of principal being prepaid, by (2) the difference obtained by subtracting from the Interest Rate on this Note the Yield Rate (as defined below), on the twenty-fifth Business Day preceding (x) the Noticed Prepayment Date, or (y) the date Payee accelerates the indebtedness evidenced by this Note or, except with respect to a Casualty Prepayment (as to which no Prepayment Premium will be payable), otherwise accepts a prepayment by reason of Payee’s application of any collateral or other security to the repayment of any portion of the unpaid principal balance of this Note prior to the Maturity Date and in the absence of acceleration, by (3) the present value factor calculated using the following formula:

(1 - (1 + r)^(-n/12)) / r

r = Yield Rate

n = the number of months remaining between (1) either of the following: (x) in the case of a voluntary prepayment, the last day of the month during which the prepayment is made, or (y) in any other case, the date on which Payee accelerates the unpaid principal balance of this Note and (2) the Yield Maintenance Period End Date.

As used herein, the “Yield Rate” means the yield calculated by interpolating the yields for the immediately shorter and longer term U.S. “Treasury constant maturities” (as reported in the Federal Reserve Statistical Release H.15 Selected Interest Rates (the “Fed Release”) under the heading “U.S. government securities”) closest to the remaining term of the Yield Maintenance Period Term, as follows (rounded to three decimal places):

(((a-b) / (x-y)) x (z-y)) + b

a = the yield for the longer U.S. Treasury constant maturity

b = the yield for the shorter U.S. Treasury constant maturity

x = the term of the longer U.S. Treasury constant maturity

y = the term of the shorter U.S. Treasury constant maturity

z = “n” (as defined in the present value factor calculation above) divided by 12.

For purposes hereof, if the Yield Rate is calculated to be zero, the number 0.00001 shall be deemed to be the Yield Rate.

Notwithstanding any provision to the contrary, if “z” equals a term reported under the U.S. “Treasury constant maturities” subheading in the Fed Release, the yield for such term will be used, and interpolation will not be necessary. If publication of the Fed Release is discontinued by the Federal Reserve Board, Payee will determine the Yield Rate from another source selected by Payee. Any determination of the Yield Rate by Payee will be binding absent manifest error.

 

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