FWP 1 n610_a1-x7.htm FREE WRITING PROSPECTUS

		FREE WRITING PROSPECTUS
		FILED PURSUANT TO RULE 433
		REGISTRATION FILE NO.: 333-207567-01

CFCRE 2016-C3

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (File No. 333-207567) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the Securities and Exchange Commission for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the Securities and Exchange Commission website at www.sec.gov. Alternatively, the depositor or Cantor Fitzgerald & Co., any other underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling 1-212-915-1700 or by emailing legal@ccre.com. The offered certificates referred to in these materials, and the asset pool backing them, are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis. You understand that, when you are considering the purchase of these certificates, a contract of sale will come into being no sooner than the date on which the relevant class has been priced and we have verified the allocation of certificates to be made to you; any “indications of interest” expressed by you, and any “soft circles” generated by us, will not create binding contractual obligations for you or us.

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

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

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

Neither this document nor anything contained herein shall form the basis for any contract or commitment whatsoever. The information contained herein is preliminary as of the date hereof. These materials are subject to change, completion or amendment from time to time. The information contained herein will be superseded by similar information delivered to you as part of the offering document relating to the CFCRE 2016-C3 Mortgage Trust Commercial Mortgage Pass-Through Certificates (the “Offering Document”). The information contained herein supersedes any such information previously delivered and should be reviewed only in conjunction with the entire Offering Document. All of the information contained herein is subject to the same limitations and qualifications contained in the Offering Document. The information contained herein does not contain all relevant information relating to the underlying mortgage loans or mortgaged properties. Such information is described elsewhere in the Offering Document. The information contained herein will be more fully described elsewhere in the Offering Document. The information contained herein should not be viewed as projections, forecasts, predictions or opinions with respect to value. Prior to making any investment decision, prospective investors are strongly urged to read the Offering Document its entirety. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this free writing prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

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

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

IMPORTANT NOTICE RELATING TO AUTOMATICALLY GENERATED EMAIL DISCLAIMERS

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

CFCRE 2016-C3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

			% of		Mortgage		Cut-off		General	Detailed			Interest	Original	Remaining	Original	Remaining
Property			Initial Pool	# of	Loan	Original	Date	Maturity	Property	Property	Interest	Administrative	Accrual	Term to	Term to	Amortization	Amortization
Flag	ID	Property Name	Balance	Properties	Seller(1)	Balance($)(2)(3)	Balance($)(2)(3)	or ARD Balance($)	Type(4)	Type	Rate	Fee Rate (5)	Basis	Maturity or ARD	Maturity or ARD	Term	Term
Loan	1	Element LA (28)(29)	7.9%	1	CCRE	55,500,000	55,500,000	55,500,000	Office	Suburban	4.5930%	0.017230%	Actual/360	120	118	0	0
Loan	2	123 Townsend	7.5%	1	CCRE	53,000,000	52,940,092	43,196,748	Office	CBD	4.7340%	0.034730%	Actual/360	120	119	360	359
Loan	3	Empire Mall (28)	7.1%	1	SG	50,000,000	50,000,000	43,579,294	Retail	Regional Mall	4.3140%	0.014390%	Actual/360	120	119	360	360
Loan	4	215 West 34th Street & 218 West 35th Street (28)	5.7%	1	CCRE	40,000,000	40,000,000	40,000,000	Mixed Use	Hospitality/Retail	4.2210%	0.014390%	Actual/360	120	120	0	0
Loan	5	AG Life Time Fitness Portfolio (28)(29)	5.7%	10	CCRE	40,000,000	40,000,000	40,000,000	Retail	Single Tenant	4.9040%	0.031890%	Actual/360	120	119	0	0
Property	5.01	Florham Park	0.8%	1	CCRE	5,926,919	5,926,919		Retail	Single Tenant
Property	5.02	Westwood	0.8%	1	CCRE	5,792,826	5,792,826		Retail	Single Tenant
Property	5.03	Vernon Hills	0.7%	1	CCRE	4,921,220	4,921,220		Retail	Single Tenant
Property	5.04	Lakeville	0.6%	1	CCRE	3,915,521	3,915,521		Retail	Single Tenant
Property	5.05	Sterling	0.5%	1	CCRE	3,607,107	3,607,107		Retail	Single Tenant
Property	5.06	Vestavia Hills	0.5%	1	CCRE	3,419,376	3,419,376		Retail	Single Tenant
Property	5.07	Beachwood	0.5%	1	CCRE	3,271,874	3,271,874		Retail	Single Tenant
Property	5.08	Dublin	0.4%	1	CCRE	3,084,143	3,084,143		Retail	Single Tenant
Property	5.09	Ellisville	0.4%	1	CCRE	3,043,916	3,043,916		Retail	Single Tenant
Property	5.10	Woodstock	0.4%	1	CCRE	3,017,097	3,017,097		Retail	Single Tenant
Loan	6	One Commerce Plaza (28)	5.7%	1	CCRE	40,000,000	40,000,000	33,241,708	Office	CBD	5.3335%	0.037230%	Actual/360	120	120	360	360
Loan	7	Springfield Mall (28)	4.6%	1	CCRE	32,500,000	32,377,972	26,232,336	Retail	Regional Mall	4.4485%	0.034390%	Actual/360	120	117	360	357
Loan	8	NMS Los Angeles Multifamily Portfolio (28)	4.3%	6	CCRE	30,000,000	30,000,000	30,000,000	Multifamily	Various	4.9380%	0.014390%	Actual/360	120	116	0	0
Property	8.01	Luxe at 1548	1.0%	1	CCRE	6,800,000	6,800,000		Multifamily	Mid Rise
Property	8.02	Luxe at 1539	0.9%	1	CCRE	6,575,000	6,575,000		Multifamily	Mid Rise
Property	8.03	Luxe at 1759	0.8%	1	CCRE	5,875,000	5,875,000		Multifamily	Mid Rise
Property	8.04	NMS at Northridge	0.8%	1	CCRE	5,375,000	5,375,000		Multifamily	Garden
Property	8.05	NMS at Warner Center	0.5%	1	CCRE	3,825,000	3,825,000		Multifamily	Garden
Property	8.06	NMS at Superior	0.2%	1	CCRE	1,550,000	1,550,000		Multifamily	Garden
Loan	9	Glenridge Medical Center I	4.1%	1	CCRE	29,000,000	28,935,709	23,930,770	Office	Medical	5.1120%	0.037230%	Actual/360	120	118	360	358
Loan	10	EIP Multistate Industrial Portfolio	3.7%	3	CCRE	25,700,000	25,700,000	22,377,977	Industrial	Flex	4.9945%	0.037230%	Actual/360	120	119	324	324
Property	10.01	Neapco Components	1.4%	1	CCRE	9,760,045	9,760,045		Industrial	Flex
Property	10.02	Janesville Acoustics	1.3%	1	CCRE	9,404,210	9,404,210		Industrial	Flex
Property	10.03	Heat Transfer Products Group	0.9%	1	CCRE	6,535,745	6,535,745		Industrial	Flex
Loan	11	AMC Theatres Denver	3.3%	1	CCRE	23,500,000	23,500,000	20,853,586	Retail	Single Tenant	5.1100%	0.037230%	Actual/360	120	119	360	360
Loan	12	Securlock Storage Portfolio	3.2%	4	LIG	22,825,000	22,800,401	18,731,004	Self-Storage	Self-Storage	4.9400%	0.064730%	Actual/360	120	119	360	359
Property	12.01	Securlock Allen	1.0%	1	LIG	7,009,674	7,002,120		Self-Storage	Self-Storage
Property	12.02	Securlock Plano	0.9%	1	LIG	6,466,860	6,459,891		Self-Storage	Self-Storage
Property	12.03	Securlock Fort Worth	0.7%	1	LIG	4,992,550	4,987,169		Self-Storage	Self-Storage
Property	12.04	Securlock Coppell	0.6%	1	LIG	4,355,916	4,351,222		Self-Storage	Self-Storage
Loan	13	DoubleTree - Wichita Airport (29)	3.2%	1	SG	22,250,000	22,250,000	17,239,902	Hospitality	Full Service	4.8360%	0.017230%	Actual/360	120	119	300	300
Loan	14	Tennant Station	3.1%	1	CCRE	22,000,000	22,000,000	22,000,000	Retail	Anchored	4.2405%	0.034730%	Actual/360	120	118	0	0
Loan	15	The Village at Crown Park	2.8%	1	LIG	20,000,000	20,000,000	17,203,138	Multifamily	Garden	4.7700%	0.064730%	Actual/360	120	119	360	360
Loan	16	Grand Canyon Parkway	2.6%	1	CCRE	18,637,500	18,594,443	15,280,572	Retail	Unanchored	4.9140%	0.037230%	Actual/360	120	118	360	358
Loan	17	The Shops at Metropolis	2.4%	1	SG	17,000,000	17,000,000	17,000,000	Retail	Unanchored	4.7300%	0.017230%	Actual/360	120	120	0	0
Loan	18	Charleston Industrial Portfolio	2.3%	2	CCRE	16,300,000	16,283,089	13,447,043	Various	Various	5.1015%	0.037230%	Actual/360	120	119	360	359
Property	18.01	Aviation Center	1.3%	1	CCRE	9,171,071	9,161,556		Office	Suburban
Property	18.02	Hanahan Industrial Building	1.0%	1	CCRE	7,128,929	7,121,533		Industrial	Warehouse/Distribution
Loan	19	Eastland Plaza	2.1%	1	CCRE	14,800,000	14,800,000	14,800,000	Retail	Anchored	4.7885%	0.084730%	Actual/360	120	120	0	0
Loan	20	Securlock Storage Portfolio II	2.0%	3	LIG	14,190,000	14,174,707	11,644,816	Self-Storage	Self-Storage	4.9400%	0.064730%	Actual/360	120	119	360	359
Property	20.01	Securlock - Bedford	0.7%	1	LIG	5,080,000	5,074,525		Self-Storage	Self-Storage
Property	20.02	Securlock - Hurst	0.7%	1	LIG	4,640,000	4,634,999		Self-Storage	Self-Storage
Property	20.03	Securlock - Vista Ridge	0.6%	1	LIG	4,470,000	4,465,183		Self-Storage	Self-Storage
Loan	21.00	Pacific Concourse Office Building	1.6%	1	CCRE	11,360,000	11,360,000	11,360,000	Office	Suburban	4.8500%	0.037230%	Actual/360	120	118	0	0
Loan	22	Gables at Westlake Apartments	1.6%	1	CCRE	10,975,000	10,975,000	10,975,000	Multifamily	Garden	4.7300%	0.037230%	Actual/360	120	118	0	0
Loan	23	Turton Apartments	1.5%	6	CCRE	10,350,000	10,350,000	8,576,908	Multifamily	Garden	5.2440%	0.037230%	Actual/360	120	120	360	360
Property	23.01	Richmond I Apartments	0.5%	1	CCRE	3,200,000	3,200,000		Multifamily	Garden
Property	23.02	Richmond II Apartments	0.4%	1	CCRE	3,075,000	3,075,000		Multifamily	Garden
Property	23.03	Madison Place Apartments	0.2%	1	CCRE	1,150,000	1,150,000		Multifamily	Garden
Property	23.04	St. Charles Apartments	0.2%	1	CCRE	1,075,000	1,075,000		Multifamily	Garden
Property	23.05	St. James Apartments	0.1%	1	CCRE	1,050,000	1,050,000		Multifamily	Garden
Property	23.06	Cambridge Apartments	0.1%	1	CCRE	800,000	800,000		Multifamily	Garden
Loan	24	Holiday Inn Express Tempe	1.3%	1	CCRE	9,100,000	9,057,665	7,457,857	Hospitality	Limited Service	4.9010%	0.037230%	Actual/360	120	116	360	356
Loan	25	Sunny Delight Beverages (29)	1.3%	1	CCRE	9,000,000	9,000,000	7,437,680	Industrial	Warehouse/Distribution	5.1580%	0.057230%	Actual/360	120	120	360	360
Loan	26	The Hawthorne (29)	1.2%	1	SG	8,174,000	8,174,000	7,366,781	Multifamily	Mid Rise	4.8200%	0.017230%	Actual/360	120	120	360	360
Loan	27	Regency Square	1.0%	1	CCRE	7,350,000	7,350,000	6,133,212	Retail	Anchored	5.4640%	0.037230%	Actual/360	120	120	360	360
Loan	28	Deer Valley Four	0.9%	1	SG	6,500,000	6,500,000	5,720,179	Industrial	Flex	4.7340%	0.057230%	Actual/360	120	120	360	360
Loan	29	LA Fitness - Langham Creek	0.9%	1	SG	6,425,000	6,425,000	5,665,956	Retail	Single Tenant	4.8250%	0.057230%	Actual/360	120	119	360	360
Loan	30	Beckford & Northrup Apartments	0.9%	2	LIG	6,200,000	6,193,458	5,102,960	Multifamily	Garden	5.0300%	0.114730%	Actual/360	120	119	360	359
Property	30.01	Beckford Place	0.5%	1	LIG	3,793,029	3,789,027		Multifamily	Garden
Property	30.02	Northrup Court	0.3%	1	LIG	2,406,971	2,404,431		Multifamily	Garden
Loan	31	Oaks at Sunset II (29)	0.8%	1	CCRE	5,796,000	5,796,000	5,796,000	Multifamily	Garden	4.7500%	0.037230%	Actual/360	120	118	0	0
Loan	32	Los Coyotes Center	0.7%	1	CCRE	5,275,000	5,275,000	4,660,282	Retail	Unanchored	4.9070%	0.057230%	Actual/360	120	119	360	360
Loan	33	Fairfield Inn & Suites, Cordele	0.7%	1	LIG	4,775,000	4,739,734	3,636,608	Hospitality	Limited Service	5.5100%	0.064730%	Actual/360	120	115	300	295
Loan	34	Folsom MOB (29)	0.6%	1	CCRE	4,500,000	4,489,247	3,669,410	Office	Medical	4.7500%	0.037230%	Actual/360	120	118	360	358
Loan	35	Carmel Crossings & Starbucks	0.5%	2	SG	3,813,000	3,813,000	3,813,000	Retail	Shadow Anchored	4.6290%	0.017230%	Actual/360	120	120	0	0
Property	35.01	Carmel Crossings	0.4%	1	SG	2,913,000	2,913,000		Retail	Shadow Anchored
Property	35.02	Starbucks	0.1%	1	SG	900,000	900,000		Retail	Shadow Anchored
Loan	36	Yucaipa Self Storage	0.4%	1	CCRE	2,970,000	2,970,000	2,970,000	Self-Storage	Self-Storage	4.5650%	0.037230%	Actual/360	120	118	0	0
Loan	37	Torrey Center	0.3%	1	CCRE	2,230,000	2,230,000	1,852,053	Industrial	Flex	5.3135%	0.037230%	Actual/360	120	120	360	360
Loan	38	Woods Creek MHP	0.3%	1	CCRE	2,000,000	1,997,084	1,511,844	Manufactured Housing Community	Manufactured Housing Community	5.3000%	0.037230%	Actual/360	120	119	300	299

A-1-1

CFCRE 2016-C3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

Pari Passu

% of

First

Monthly

Annual

Companion Loan

Remaining

Crossed

Property

Initial Pool

Origination

Payment

Maturity

ARD Loan

Final

Debt

Monthly Debt

Annual Debt

Interest Only

Cash

With

Related

Underwritten

Flag

Property Name

Balance

Date

or ARD Date

(Yes/No)

Maturity Date

Service($)(6)

Service($)

Period

Lockbox(7)

Management(8)

Other Loans

Borrower

NOI DSCR(6)(9)

NCF DSCR(6)(9)

Loan

Element LA (28)(29)

7.9%

10/09/2015

12/06/2015

11/06/2025

215,377

2,584,519

436,574

5,238,891

118

Hard

Springing

1.82x

1.78x

Loan

123 Townsend

7.5%

11/12/2015

01/06/2016

12/06/2025

275,962

3,311,546

Springing Hard

Springing

1.62x

1.51x

Loan

Empire Mall (28)

7.1%

11/24/2015

01/01/2016

12/01/2025

247,847

2,974,163

693,971

8,327,657

Hard

Springing

Yes - A

1.88x

1.80x

Loan

215 West 34th Street & 218 West 35th Street (28)

5.7%

12/11/2015

02/06/2016

01/06/2026

142,654

1,711,850

320,972

3,851,663

120

Hard

Springing

1.90x

1.88x

Loan

AG Life Time Fitness Portfolio (28)(29)

5.7%

11/19/2015

01/06/2016

12/06/2025

165,737

1,988,844

556,462

6,677,545

119

Hard

In Place

Yes - B

2.16x

1.99x

Property

5.01

Florham Park

0.8%

Property

5.02

Westwood

0.8%

Property

5.03

Vernon Hills

0.7%

Property

5.04

Lakeville

0.6%

Property

5.05

Sterling

0.5%

Property

5.06

Vestavia Hills

0.5%

Property

5.07

Beachwood

0.5%

Property

5.08

Dublin

0.4%

Property

5.09

Ellisville

0.4%

Property

5.10

Woodstock

0.4%

Loan

One Commerce Plaza (28)

5.7%

12/15/2015

02/06/2016

01/06/2026

222,955

2,675,457

183,938

2,207,252

Hard

In Place

1.48x

1.30x

Loan

Springfield Mall (28)

4.6%

09/23/2015

11/06/2015

10/06/2025

163,680

1,964,157

163,680

1,964,157

Hard

Springing

Yes - A

1.85x

1.78x

Loan

NMS Los Angeles Multifamily Portfolio (28)

4.3%

08/21/2015

10/06/2015

09/06/2025

125,165

1,501,975

375,494

4,505,925

116

Springing Soft

Springing

1.33x

1.31x

Property

8.01

Luxe at 1548

1.0%

Property

8.02

Luxe at 1539

0.9%

Property

8.03

Luxe at 1759

0.8%

Property

8.04

NMS at Northridge

0.8%

Property

8.05

NMS at Warner Center

0.5%

Property

8.06

NMS at Superior

0.2%

Loan

Glenridge Medical Center I

4.1%

10/19/2015

12/06/2015

11/06/2025

157,669

1,892,032

Hard

In Place

1.32x

1.25x

Loan

EIP Multistate Industrial Portfolio

3.7%

11/25/2015

01/06/2016

12/06/2025

144,617

1,735,404

Hard

Springing

1.43x

1.32x

Property

10.01

Neapco Components

1.4%

Property

10.02

Janesville Acoustics

1.3%

Property

10.03

Heat Transfer Products Group

0.9%

Loan

AMC Theatres Denver

3.3%

12/04/2015

01/06/2016

12/06/2025

127,738

1,532,852

Hard

Springing

1.70x

1.65x

Loan

Securlock Storage Portfolio

3.2%

11/13/2015

01/01/2016

12/01/2025

121,694

1,460,327

None

Yes - C

1.31x

1.29x

Property

12.01

Securlock Allen

1.0%

Property

12.02

Securlock Plano

0.9%

Property

12.03

Securlock Fort Worth

0.7%

Property

12.04

Securlock Coppell

0.6%

Loan

DoubleTree - Wichita Airport (29)

3.2%

12/01/2015

01/01/2016

12/01/2025

127,954

1,535,450

Springing Hard

Springing

2.02x

1.62x

Loan

Tennant Station

3.1%

10/16/2015

12/06/2015

11/06/2025

78,822

945,867

118

Springing Hard

Springing

3.30x

3.14x

Loan

The Village at Crown Park

2.8%

11/05/2015

01/01/2016

12/01/2025

104,571

1,254,849

None

1.31x

1.27x

Loan

Grand Canyon Parkway

2.6%

11/03/2015

12/06/2015

11/06/2025

99,073

1,188,874

Springing Hard

Springing

1.32x

1.26x

Loan

The Shops at Metropolis

2.4%

12/10/2015

02/01/2016

01/01/2026

67,939

815,268

120

Hard

Springing

1.87x

1.80x

Loan

Charleston Industrial Portfolio

2.3%

11/25/2015

01/06/2016

12/06/2025

88,516

1,062,190

Springing Hard

Springing

1.66x

1.45x

Property

18.01

Aviation Center

1.3%

Property

18.02

Hanahan Industrial Building

1.0%

Loan

Eastland Plaza

2.1%

12/09/2015

02/06/2016

01/06/2026

59,878

718,541

120

Springing Hard

Springing

2.61x

2.47x

Loan

Securlock Storage Portfolio II

2.0%

11/13/2015

01/01/2016

12/01/2025

75,656

907,866

None

Yes - C

1.28x

1.25x

Property

20.01

Securlock - Bedford

0.7%

Property

20.02

Securlock - Hurst

0.7%

Property

20.03

Securlock - Vista Ridge

0.6%

Loan

21.00

Pacific Concourse Office Building

1.6%

11/02/2015

12/06/2015

11/06/2025

46,551

558,612

118

Hard

Springing

2.07x

1.99x

Loan

Gables at Westlake Apartments

1.6%

10/29/2015

12/06/2015

11/06/2025

43,861

526,327

118

Springing Soft

Springing

2.21x

2.10x

Loan

Turton Apartments

1.5%

12/08/2015

02/06/2016

01/06/2026

57,115

685,376

Springing Soft

Springing

1.36x

1.25x

Property

23.01

Richmond I Apartments

0.5%

Property

23.02

Richmond II Apartments

0.4%

Property

23.03

Madison Place Apartments

0.2%

Property

23.04

St. Charles Apartments

0.2%

Property

23.05

St. James Apartments

0.1%

Property

23.06

Cambridge Apartments

0.1%

Loan

Holiday Inn Express Tempe

1.3%

08/31/2015

10/06/2015

09/06/2025

48,302

579,620

Hard

In Place

1.79x

1.56x

Loan

Sunny Delight Beverages (29)

1.3%

12/15/2015

02/06/2016

01/06/2026

49,187

590,241

Hard

Springing

Yes - B

2.05x

1.73x

Loan

The Hawthorne (29)

1.2%

12/16/2015

02/01/2016

01/01/2026

42,985

515,820

Springing Hard

Springing

1.24x

1.20x

Loan

Regency Square

1.0%

12/16/2015

02/06/2016

01/06/2026

41,567

498,800

Springing Hard

Springing

1.61x

1.41x

Loan

Deer Valley Four

0.9%

12/17/2015

02/01/2016

01/01/2026

33,844

406,133

None

Yes - D

1.67x

1.47x

Loan

LA Fitness - Langham Creek

0.9%

11/05/2015

01/01/2016

12/01/2025

33,807

405,683

Springing Hard

Springing

Yes - D

1.48x

1.38x

Loan

Beckford & Northrup Apartments

0.9%

11/25/2015

01/01/2016

12/01/2025

33,397

400,761

None

1.60x

1.46x

Property

30.01

Beckford Place

0.5%

Property

30.02

Northrup Court

0.3%

Loan

Oaks at Sunset II (29)

0.8%

10/14/2015

12/06/2015

11/06/2025

23,261

279,134

118

Soft

Springing

1.69x

1.63x

Loan

Los Coyotes Center

0.7%

11/17/2015

01/06/2016

12/06/2025

28,018

336,219

Springing Hard

Springing

1.34x

1.28x

Loan

Fairfield Inn & Suites, Cordele

0.7%

07/14/2015

09/01/2015

08/01/2025

29,351

352,214

Hard

Springing

1.59x

1.43x

Loan

Folsom MOB (29)

0.6%

10/16/2015

12/06/2015

11/06/2025

23,474

281,690

Springing Hard

Springing

1.47x

1.31x

Loan

Carmel Crossings & Starbucks

0.5%

12/11/2015

02/01/2016

01/01/2026

14,913

178,955

120

Springing Soft

Springing

1.98x

1.89x

Property

35.01

Carmel Crossings

0.4%

Property

35.02

Starbucks

0.1%

Loan

Yucaipa Self Storage

0.4%

10/19/2015

12/06/2015

11/06/2025

11,455

137,464

118

Soft

Springing

2.38x

2.34x

Loan

Torrey Center

0.3%

12/16/2015

02/06/2016

01/06/2026

12,402

148,824

Hard

Springing

1.40x

1.29x

Loan

Woods Creek MHP

0.3%

11/30/2015

01/06/2016

12/06/2025

12,044

144,528

Soft

Springing

1.36x

1.30x

A-1-2

CFCRE 2016-C3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES


			% of					FIRREA	Cut-Off
Property			Initial Pool	Grace	Payment	Appraised	Appraisal	Compliant	Date LTV	LTV Ratio at						Year	Year
Flag	ID	Property Name	Balance	Period(10)	Date	Value ($)(11)	As-of Date	(Yes/No)	Ratio (9)(11)	Maturity or ARD(9)(11)	Address	City	County	State	Zip Code	Built	Renovated
Loan	1	Element LA (28)(29)	7.9%	0	6	294,000,000	08/31/2015	Yes	57.1%	57.1%	1861-1933 South Bundy Drive	Los Angeles	Los Angeles	CA	90025 & 90064	1947, 1949, 1950, 1953	2013-2015
Loan	2	123 Townsend	7.5%	0	6	108,600,000	10/01/2015	Yes	48.7%	39.8%	123 Townsend Street	San Francisco	San Francisco	CA	94107	1903	2000, 2003
Loan	3	Empire Mall (28)	7.1%	5	1	350,000,000	10/15/2015	Yes	54.3%	47.3%	5000 Empire Mall	Sioux Falls	Minnehaha	SD	57106	1974	2013
Loan	4	215 West 34th Street & 218 West 35th Street (28)	5.7%	0	6	240,000,000	10/30/2015	Yes	54.2%	54.2%	215 West 34th Street; 218 West 35th Street	New York	New York	NY	10001	2010-2015	NAP
Loan	5	AG Life Time Fitness Portfolio (28)(29)	5.7%	0	6	305,200,000	Various	Yes	57.1%	57.1%	Various	Various	Various	Various	Various	Various	NAP
Property	5.01	Florham Park	0.8%			45,200,000	07/01/2015	Yes			14 Fernwood Road	Florham Park	Morris	NJ	07932	2008	NAP
Property	5.02	Westwood	0.8%			43,500,000	08/06/2015	Yes			44 Harvard Street	Westwood	Norfolk	MA	02090	2015	NAP
Property	5.03	Vernon Hills	0.7%			38,000,000	07/01/2015	Yes			680 Woodlands Parkway	Vernon Hills	Lake	IL	60061	2008	NAP
Property	5.04	Lakeville	0.6%			29,800,000	07/01/2015	Yes			18425 Dodd Boulevard	Lakeville	Dakota	MN	55044	2007	NAP
Property	5.05	Sterling	0.5%			28,000,000	07/01/2015	Yes			44610 Prentice Drive	Sterling	Loudoun	VA	20166	2008	NAP
Property	5.06	Vestavia Hills	0.5%			25,700,000	07/01/2015	Yes			3051 Healthy Way	Vestavia Hills	Jefferson	AL	35243	2013	NAP
Property	5.07	Beachwood	0.5%			24,800,000	07/01/2015	Yes			3850 Richmond Road	Beachwood	Cuyahoga	OH	44122	2010	NAP
Property	5.08	Dublin	0.4%			23,900,000	07/01/2015	Yes			3825 Hard Road	Dublin	Franklin	OH	43016	2007	NAP
Property	5.09	Ellisville	0.4%			23,300,000	07/01/2015	Yes			3058 Clarkson Road	Ellisville	St. Louis	MO	63017	2008	NAP
Property	5.10	Woodstock	0.4%			23,000,000	07/01/2015	Yes			14200 Highway 92	Woodstock	Cherokee	GA	30188	2008	NAP
Loan	6	One Commerce Plaza (28)	5.7%	0	6	99,500,000	12/15/2015	Yes	73.4%	61.0%	99 Washington Avenue	Albany	Albany	NY	12210	1969	2007
Loan	7	Springfield Mall (28)	4.6%	0	6	112,000,000	08/15/2015	Yes	57.8%	46.8%	1250 Baltimore Pike	Springfield Township	Delaware	PA	19064	1974	1997
Loan	8	NMS Los Angeles Multifamily Portfolio (28)	4.3%	0	6	174,300,000	06/09/2015	Yes	68.8%	68.8%	Various	Various	Los Angeles	CA	Various	Various	Various
Property	8.01	Luxe at 1548	1.0%			37,100,000	06/09/2015	Yes			1548 6th Street	Santa Monica	Los Angeles	CA	90401	2009	NAP
Property	8.02	Luxe at 1539	0.9%			35,930,000	06/09/2015	Yes			1539 4th Street	Santa Monica	Los Angeles	CA	90401	2008	NAP
Property	8.03	Luxe at 1759	0.8%			32,110,000	06/09/2015	Yes			1759 Beloit Avenue	Los Angeles	Los Angeles	CA	90025	2009	NAP
Property	8.04	NMS at Northridge	0.8%			29,290,000	06/09/2015	Yes			9710 Zelzah Avenue	Northridge	Los Angeles	CA	91325	1987	2015
Property	8.05	NMS at Warner Center	0.5%			20,920,000	06/09/2015	Yes			21021 Vanowen Street	Canoga Park	Los Angeles	CA	91303	1988	NAP
Property	8.06	NMS at Superior	0.2%			8,450,000	06/09/2015	Yes			17089 Superior Street	Northridge	Los Angeles	CA	91325	2003	2015
Loan	9	Glenridge Medical Center I	4.1%	0	6	42,700,000	01/01/2017	Yes	67.8%	56.0%	5730 Glenridge Drive Northeast	Atlanta	Fulton	GA	30328	1974	2008, 2014
Loan	10	EIP Multistate Industrial Portfolio	3.7%	0	6	35,390,000	Various	Yes	72.6%	63.2%	Various	Various	Various	Various	Various	Various	Various
Property	10.01	Neapco Components	1.4%			13,440,000	10/27/2015	Yes			501 West Sargent Road	Beatrice	Gage	NE	68310	1976	2010, 2015
Property	10.02	Janesville Acoustics	1.3%			12,950,000	10/28/2015	Yes			618 North Enterprise Drive	Warrensburg	Johnson	MO	64093	1982	2014
Property	10.03	Heat Transfer Products Group	0.9%			9,000,000	10/30/2015	Yes			201 Thomas French Drive	Scottsboro	Jackson	AL	35769	1988	NAP
Loan	11	AMC Theatres Denver	3.3%	0	6	39,300,000	09/24/2015	Yes	59.8%	53.1%	103 West Centennial Boulevard	Highlands Ranch	Douglas	CO	80129	1998	2015
Loan	12	Securlock Storage Portfolio	3.2%	5	1	34,060,000	Various	Yes	66.9%	55.0%	Various	Various	Various	TX	Various	Various	NAP
Property	12.01	Securlock Allen	1.0%			10,460,000	09/26/2015	Yes			2060 Hedgcoxe Road	Allen	Collin	TX	75013	2003	NAP
Property	12.02	Securlock Plano	0.9%			9,650,000	10/02/2015	Yes			2201 East President George Bush Highway	Plano	Collin	TX	75074	2004	NAP
Property	12.03	Securlock Fort Worth	0.7%			7,450,000	10/02/2015	Yes			3500 Riverbend Boulevard	Fort Worth	Tarrant	TX	76116	2005	NAP
Property	12.04	Securlock Coppell	0.6%			6,500,000	10/06/2015	Yes			320 South State Highway 121	Coppell	Dallas	TX	75019	2004	NAP
Loan	13	DoubleTree - Wichita Airport (29)	3.2%	5	1	32,000,000	10/07/2015	Yes	69.5%	53.9%	2098 Airport Road	Wichita	Sedgwick	KS	67209	1981	2014
Loan	14	Tennant Station	3.1%	0	6	46,000,000	07/17/2015	Yes	47.8%	47.8%	100-950 Tennant Avenue	Morgan Hill	Santa Clara	CA	95037	1981, 2004	NAP
Loan	15	The Village at Crown Park	2.8%	5	1	31,400,000	07/23/2015	Yes	63.7%	54.8%	180 Crown Pointe Boulevard	Willow Park	Parker	TX	76087	2013	NAP
Loan	16	Grand Canyon Parkway	2.6%	0	6	24,850,000	05/19/2015	Yes	74.8%	61.5%	4175 - 4205 South Grand Canyon & 9430 West Sahara Avenue	Las Vegas	Clark	NV	89147, 89117	1999, 2003	NAP
Loan	17	The Shops at Metropolis	2.4%	0	1	26,500,000	11/03/2015	Yes	64.2%	64.2%	917 Peachtree Street Northeast	Atlanta	Fulton	GA	30309	2002	NAP
Loan	18	Charleston Industrial Portfolio	2.3%	0	6	21,950,000	08/07/2015	Yes	74.2%	61.3%	Various	North Charleston	Charleston	SC	29406	Various	Various
Property	18.01	Aviation Center	1.3%			12,350,000	08/07/2015	Yes			5935 Rivers Avenue	North Charleston	Charleston	SC	29406	1971	2004-2007
Property	18.02	Hanahan Industrial Building	1.0%			9,600,000	08/07/2015	Yes			1930 Hanahan Road	North Charleston	Charleston	SC	29406	1953	1968, 1975
Loan	19	Eastland Plaza	2.1%	0	6	27,500,000	10/24/2015	Yes	53.8%	53.8%	678 North Wilson Way	Stockton	San Joaquin	CA	95205	1980	NAP
Loan	20	Securlock Storage Portfolio II	2.0%	5	1	22,000,000	10/01/2015	Yes	64.4%	52.9%	Various	Various	Various	TX	Various	Various	NAP
Property	20.01	Securlock - Bedford	0.7%			8,150,000	10/01/2015	Yes			2413 Highway 121	Bedford	Tarrant	TX	76021	1996	NAP
Property	20.02	Securlock - Hurst	0.7%			6,960,000	10/01/2015	Yes			904 Grapevine Highway	Hurst	Tarrant	TX	76054	1995	NAP
Property	20.03	Securlock - Vista Ridge	0.6%			6,890,000	10/01/2015	Yes			391 East Round Grove Road	Lewisville	Denton	TX	75067	1995	NAP
Loan	21.00	Pacific Concourse Office Building	1.6%	0	6	19,000,000	10/02/2015	Yes	59.8%	59.8%	5245 Pacific Concourse Drive	Los Angeles	Los Angeles	CA	90045	1989	NAP
Loan	22	Gables at Westlake Apartments	1.6%	0	6	17,460,000	09/03/2015	Yes	62.9%	62.9%	12901 North MacArthur Boulevard	Oklahoma City	Oklahoma	OK	73142	1984	2013
Loan	23	Turton Apartments	1.5%	0	6	14,800,000	07/22/2015	Yes	69.9%	58.0%	Various	Various	Various	GA	Various	Various	NAP
Property	23.01	Richmond I Apartments	0.5%			3,800,000	07/22/2015	Yes			1231 Houston Lake Road	Warner Robins	Houston	GA	31088	1999	NAP
Property	23.02	Richmond II Apartments	0.4%			3,950,000	07/22/2015	Yes			1008 Feagin Mill Road	Warner Robins	Houston	GA	31088	2000	NAP
Property	23.03	Madison Place Apartments	0.2%			1,250,000	07/21/2015	Yes			1501 East 13th Avenue	Cordele	Crisp	GA	31015	1998	NAP
Property	23.04	St. Charles Apartments	0.2%			1,950,000	07/21/2015	Yes			1034 Elm Avenue	Americus	Sumter	GA	31709	1996	NAP
Property	23.05	St. James Apartments	0.1%			1,800,000	07/21/2015	Yes			1008 East 24th Avenue	Cordele	Crisp	GA	31015	1996	NAP
Property	23.06	Cambridge Apartments	0.1%			900,000	07/21/2015	Yes			1108 East 18th Avenue	Cordele	Crisp	GA	31015	1940, 1950, 1998	NAP
Loan	24	Holiday Inn Express Tempe	1.3%	0	6	13,900,000	09/01/2017	Yes	65.2%	53.7%	1520 West Baseline Road	Tempe	Maricopa	AZ	85283	1998	NAP
Loan	25	Sunny Delight Beverages (29)	1.3%	0	6	15,130,000	12/01/2015	Yes	59.5%	49.2%	300 West FM 1417	Sherman	Grayson	TX	75090	1979	NAP
Loan	26	The Hawthorne (29)	1.2%	0	1	14,450,000	11/05/2015	Yes	56.6%	51.0%	4717 Southeast Hawthorne Boulevard	Portland	Multnomah	OR	97215	2015	NAP
Loan	27	Regency Square	1.0%	0	6	10,500,000	08/04/2015	Yes	70.0%	58.4%	1715-1877 South Pueblo Boulevard	Pueblo	Pueblo	CO	81005	1977-1978	NAP
Loan	28	Deer Valley Four	0.9%	0	1	10,500,000	11/09/2015	Yes	61.9%	54.5%	23005-23025 North 15th Avenue	Phoenix	Maricopa	AZ	85027	1999, 2001, 2004, 2005	NAP
Loan	29	LA Fitness - Langham Creek	0.9%	0	1	10,090,000	10/01/2015	Yes	63.7%	56.2%	17800 FM 529	Houston	Harris	TX	77095	2007	NAP
Loan	30	Beckford & Northrup Apartments	0.9%	5	1	8,320,000	08/28/2015	Yes	74.4%	61.3%	Various	North Canton	Stark	OH	44720	Various	NAP
Property	30.01	Beckford Place	0.5%			5,090,000	08/28/2015	Yes			1113 North Main Street	North Canton	Stark	OH	44720	1983	NAP
Property	30.02	Northrup Court	0.3%			3,230,000	08/28/2015	Yes			805 Applegrove Street Northwest	North Canton	Stark	OH	44720	1986	NAP
Loan	31	Oaks at Sunset II (29)	0.8%	0	6	9,250,000	07/10/2015	Yes	62.7%	62.7%	2301 Sammy Way	Rocklin	Placer	CA	95765	2004	NAP
Loan	32	Los Coyotes Center	0.7%	0	6	8,600,000	08/23/2015	Yes	61.3%	54.2%	3400 - 3500 Los Coyotes Diagonal	Long Beach	Los Angeles	CA	90808	1968	1980
Loan	33	Fairfield Inn & Suites, Cordele	0.7%	5	1	7,200,000	12/29/2014	Yes	65.8%	50.5%	2001 16th Avenue East	Cordele	Crisp	GA	31015	2007	NAP
Loan	34	Folsom MOB (29)	0.6%	0	6	7,000,000	08/21/2015	Yes	64.1%	52.4%	2575 East Bidwell Street	Folsom	Sacramento	CA	95630	2005	NAP
Loan	35	Carmel Crossings & Starbucks	0.5%	0	1	6,355,000	Various	Yes	60.0%	60.0%	Various	Various	Various	Various	Various	Various	NAP
Property	35.01	Carmel Crossings	0.4%			4,780,000	11/01/2016	Yes			12697 North Pennsylvania Street	Carmel	Hamilton	IN	46032	2014	NAP
Property	35.02	Starbucks	0.1%			1,575,000	10/23/2015	Yes			2559 Dallas Highway	Marietta	Cobb	GA	30064	1999	NAP
Loan	36	Yucaipa Self Storage	0.4%	0	6	5,400,000	08/11/2015	Yes	55.0%	55.0%	35056 County Line Road	Yucaipa	San Bernardino	CA	92399	2004	NAP
Loan	37	Torrey Center	0.3%	0	6	3,140,000	10/29/2015	Yes	71.0%	59.0%	10373 Roselle Street	San Diego	San Diego	CA	92121	1990	NAP
Loan	38	Woods Creek MHP	0.3%	0	6	3,600,000	10/19/2015	Yes	55.5%	42.0%	18725 Highway 108	Jamestown	Tuolumne	CA	95327	1955	1981, 1986

A-1-3

CFCRE 2016-C3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

				Net		Loan per Net
			% of	Rentable Area	Units	Rentable Area						Second Most	Second	Second	Second	Third Most	Third	Third
Property			Initial Pool	(SF/Units/	of	(SF/Units/Rooms/	Prepayment Provisions	Most Recent Operating	Most Recent	Most Recent	Most Recent	Recent Operating	Most Recent	Most Recent	Most Recent	Recent Operating	Most Recent	Most Recent
Flag	ID	Property Name	Balance	Rooms/Pads/Spaces)(12)	Measure	Pads/Spaces) ($)(9)(12)	(# of payments)(13)(14)(15)	Statements Date	EGI ($)	Expenses($)	NOI($)	Statements Date	EGI($)	Expenses($)	NOI($)	Statements Date	EGI($)	Expenses($)
Loan	1	Element LA (28)(29)	7.9%	284,037	Sq. Ft.	591	L(3), YM1(113), O(4)
Loan	2	123 Townsend	7.5%	137,031	Sq. Ft.	386	L(25), D(91), O(4)	T-12 8/31/2015	5,542,362	1,631,513	3,910,849	12/31/2014	3,131,363	1,468,962	1,662,400	12/31/2013	4,637,695	1,568,277
Loan	3	Empire Mall (28)	7.1%	1,124,451	Sq. Ft.	169	L(25), D(88), O(7)	T-12 9/30/2015	28,285,741	6,780,031	21,505,710	12/31/2014	27,653,198	6,975,427	20,677,771	12/31/2013	25,929,235	6,838,742
Loan	4	215 West 34th Street & 218 West 35th Street (28)	5.7%	300,287	Sq. Ft.	433	L(24), D(91), O(5)	T-12 9/30/2015	8,218,511	2,648,416	5,570,095	12/31/2014	7,595,367	1,438,944	6,156,423	12/31/2013	6,425,074	880,647
Loan	5	AG Life Time Fitness Portfolio (28)(29)	5.7%	1,254,268	Sq. Ft.	139	L(25), YM1(91), O(4)
Property	5.01	Florham Park	0.8%	109,995	Sq. Ft.	235
Property	5.02	Westwood	0.8%	128,000	Sq. Ft.	197
Property	5.03	Vernon Hills	0.7%	140,495	Sq. Ft.	153
Property	5.04	Lakeville	0.6%	214,646	Sq. Ft.	79
Property	5.05	Sterling	0.5%	112,110	Sq. Ft.	140
Property	5.06	Vestavia Hills	0.5%	103,647	Sq. Ft.	144
Property	5.07	Beachwood	0.5%	112,110	Sq. Ft.	127
Property	5.08	Dublin	0.4%	109,045	Sq. Ft.	123
Property	5.09	Ellisville	0.4%	112,110	Sq. Ft.	118
Property	5.10	Woodstock	0.4%	112,110	Sq. Ft.	117
Loan	6	One Commerce Plaza (28)	5.7%	738,708	Sq. Ft.	99	L(24), D(91), O(5)	T-12 6/30/2015	14,327,601	6,596,795	7,730,806	12/31/2014	14,488,028	6,623,350	7,864,678	12/31/2013	14,685,372	6,632,739
Loan	7	Springfield Mall (28)	4.6%	223,180	Sq. Ft.	290	L(27), D(89), O(4)	T-12 7/31/2015	13,153,800	5,571,477	7,582,323	12/31/2014	13,162,646	5,699,481	7,463,165	12/31/2013	12,758,515	5,575,147
Loan	8	NMS Los Angeles Multifamily Portfolio (28)	4.3%	384	Units	312,500	L(28), D(89), O(3)	T-12 6/30/2015	10,320,673	2,948,022	7,372,650	12/31/2014	9,892,396	2,879,423	7,012,972	12/31/2013	8,993,590	2,958,570
Property	8.01	Luxe at 1548	1.0%	54	Units	503,704		T-12 6/30/2015	2,135,295	669,126	1,466,169	12/31/2014	1,967,666	621,427	1,346,239	12/31/2013	1,756,371	666,283
Property	8.02	Luxe at 1539	0.9%	62	Units	424,194		T-12 6/30/2015	2,172,533	603,926	1,568,607	12/31/2014	2,078,139	579,194	1,498,945	12/31/2013	1,804,980	562,268
Property	8.03	Luxe at 1759	0.8%	61	Units	385,246		T-12 6/30/2015	1,902,091	491,224	1,410,867	12/31/2014	1,832,189	478,574	1,353,615	12/31/2013	1,645,535	458,693
Property	8.04	NMS at Northridge	0.8%	102	Units	210,784		T-12 6/30/2015	1,985,767	446,203	1,539,564	12/31/2014	1,917,154	466,678	1,450,475	12/31/2013	1,811,387	500,842
Property	8.05	NMS at Warner Center	0.5%	79	Units	193,671		T-12 6/30/2015	1,518,404	558,900	959,504	12/31/2014	1,510,708	552,010	958,698	12/31/2013	1,395,433	582,091
Property	8.06	NMS at Superior	0.2%	26	Units	238,462		T-12 6/30/2015	606,583	178,643	427,940	12/31/2014	586,541	181,540	405,001	12/31/2013	579,885	188,393
Loan	9	Glenridge Medical Center I	4.1%	110,576	Sq. Ft.	262	L(26), D(91), O(3)	T-12 9/30/2015	2,444,451	807,621	1,636,830	12/31/2014	2,287,385	750,171	1,537,214	12/31/2013	2,151,319	780,401
Loan	10	EIP Multistate Industrial Portfolio	3.7%	652,850	Sq. Ft.	39	L(25), D(92), O(3)
Property	10.01	Neapco Components	1.4%	254,350	Sq. Ft.	38
Property	10.02	Janesville Acoustics	1.3%	195,500	Sq. Ft.	48
Property	10.03	Heat Transfer Products Group	0.9%	203,000	Sq. Ft.	32
Loan	11	AMC Theatres Denver	3.3%	109,260	Sq. Ft.	215	L(25), D(91), O(4)	T-8 8/31/2015 Ann.	2,919,925	9,225	2,910,700	12/31/2014	2,920,709	2,814	2,917,895	12/31/2013	2,854,298	2,525
Loan	12	Securlock Storage Portfolio	3.2%	261,854	Sq. Ft.	87	L(25), D(91), O(4)	T-12 9/30/2015	3,030,214	1,150,150	1,880,064	12/31/2014	2,914,610	1,141,085	1,773,525	12/31/2013	2,744,940	1,111,171
Property	12.01	Securlock Allen	1.0%	73,660	Sq. Ft.	95		T-12 9/30/2015	965,538	362,977	602,560	12/31/2014	924,554	348,998	575,556	12/31/2013	853,076	320,837
Property	12.02	Securlock Plano	0.9%	80,099	Sq. Ft.	81		T-12 9/30/2015	864,428	323,729	540,699	12/31/2014	822,796	304,881	517,915	12/31/2013	812,248	299,780
Property	12.03	Securlock Fort Worth	0.7%	59,950	Sq. Ft.	83		T-12 9/30/2015	630,539	257,351	373,188	12/31/2014	602,893	274,707	328,186	12/31/2013	545,368	263,178
Property	12.04	Securlock Coppell	0.6%	48,145	Sq. Ft.	90		T-12 9/30/2015	569,709	206,092	363,616	12/31/2014	564,367	212,499	351,868	12/31/2013	534,248	227,376
Loan	13	DoubleTree - Wichita Airport (29)	3.2%	302	Rooms	73,675	L(25), D(91), O(4)	T-12 9/30/2015	12,477,017	9,309,977	3,167,039	12/31/2014	12,708,604	9,370,690	3,337,914	12/31/2013	12,110,186	9,214,256
Loan	14	Tennant Station	3.1%	205,024	Sq. Ft.	107	L(26), YM1(90), O(4)	T-12 6/30/2015	3,890,944	1,004,309	2,886,635	12/31/2014	3,873,769	899,009	2,974,761	12/31/2013	3,525,492	966,270
Loan	15	The Village at Crown Park	2.8%	208	Units	96,154	L(25), D(91), O(4)	T-12 5/31/2015	3,026,973	1,463,825	1,563,148	12/31/2014	2,647,928	1,236,343	1,411,585	12/31/2013	413,588	643,227
Loan	16	Grand Canyon Parkway	2.6%	80,286	Sq. Ft.	232	L(26), D(88), O(6)	T-12 6/30/2015	1,853,282	426,073	1,427,209	12/31/2014	1,918,002	359,808	1,558,194	12/31/2013	1,893,472	402,406
Loan	17	The Shops at Metropolis	2.4%	38,625	Sq. Ft.	440	L(24), D(92), O(4)	T-12 9/30/2015	1,762,949	576,562	1,186,387	12/31/2014	1,571,034	592,608	978,426	12/31/2013	1,555,170	567,186
Loan	18	Charleston Industrial Portfolio	2.3%	370,637	Sq. Ft.	44	L(25), D(92), O(3)	T-12 6/30/2015	2,715,001	775,754	1,939,247	12/31/2014	2,648,579	737,632	1,910,946	12/31/2013	2,508,481	765,834
Property	18.01	Aviation Center	1.3%	110,985	Sq. Ft.	83		T-12 6/30/2015	1,488,252	427,639	1,060,612	12/31/2014	1,593,853	401,363	1,192,490	12/31/2013	1,704,488	381,904
Property	18.02	Hanahan Industrial Building	1.0%	259,652	Sq. Ft.	27		T-12 6/30/2015	1,226,749	348,115	878,635	12/31/2014	1,054,725	336,269	718,456	12/31/2013	803,993	383,930
Loan	19	Eastland Plaza	2.1%	146,691	Sq. Ft.	101	L(24), D(92), O(4)	T-12 9/30/2015	2,538,801	961,901	1,576,900	12/31/2014	2,728,048	873,123	1,854,925	12/31/2013	2,647,839	920,329
Loan	20	Securlock Storage Portfolio II	2.0%	184,651	Sq. Ft.	77	L(25), D(91), O(4)	T-12 9/30/2015	1,868,855	706,598	1,162,257	12/31/2014	1,744,697	748,059	996,638	12/31/2013	1,645,508	807,461
Property	20.01	Securlock - Bedford	0.7%	58,551	Sq. Ft.	87		T-12 9/30/2015	655,098	233,249	421,849	12/31/2014	602,227	269,067	333,160	12/31/2013	571,645	278,541
Property	20.02	Securlock - Hurst	0.7%	72,565	Sq. Ft.	64		T-12 9/30/2015	614,153	239,781	374,373	12/31/2014	582,538	236,408	346,130	12/31/2013	545,569	274,702
Property	20.03	Securlock - Vista Ridge	0.6%	53,535	Sq. Ft.	83		T-12 9/30/2015	599,604	233,569	366,035	12/31/2014	559,932	242,584	317,348	12/31/2013	528,294	254,218
Loan	21.00	Pacific Concourse Office Building	1.6%	68,109	Sq. Ft.	167	L(26), D(89), O(5)	T-12 8/31/2015	1,639,941	492,819	1,147,121	12/31/2014	1,665,064	467,025	1,198,040	12/31/2013	1,700,125	470,724
Loan	22	Gables at Westlake Apartments	1.6%	200	Units	54,875	L(26), D(90), O(4)	T-12 8/30/2015	1,935,266	747,010	1,188,256	12/31/2014	1,849,197	720,955	1,128,242	12/31/2013	1,835,647	797,618
Loan	23	Turton Apartments	1.5%	251	Units	41,235	L(24), YM1(92), O(4)	T-12 8/31/2015	1,781,874	537,526	1,244,348	12/31/2014	1,754,362	590,373	1,163,990	12/31/2013	1,766,027	586,032
Property	23.01	Richmond I Apartments	0.5%	60	Units	53,333		T-12 8/31/2015	485,900	130,709	355,191	12/31/2014	490,804	169,116	321,689	12/31/2013	486,825	189,438
Property	23.02	Richmond II Apartments	0.4%	64	Units	48,047		T-12 8/31/2015	519,545	177,075	342,469	12/31/2014	494,994	167,934	327,060	12/31/2013	516,518	153,372
Property	23.03	Madison Place Apartments	0.2%	29	Units	39,655		T-12 8/31/2015	222,109	74,973	147,136	12/31/2014	219,406	92,926	126,480	12/31/2013	166,161	83,067
Property	23.04	St. Charles Apartments	0.2%	42	Units	25,595		T-12 8/31/2015	224,286	67,823	156,463	12/31/2014	244,906	74,969	169,938	12/31/2013	262,134	78,285
Property	23.05	St. James Apartments	0.1%	36	Units	29,167		T-12 8/31/2015	199,468	54,427	145,041	12/31/2014	192,817	55,797	137,020	12/31/2013	214,374	53,334
Property	23.06	Cambridge Apartments	0.1%	20	Units	40,000		T-12 8/31/2015	130,567	32,520	98,047	12/31/2014	111,433	29,631	81,802	12/31/2013	120,014	28,535
Loan	24	Holiday Inn Express Tempe	1.3%	128	Units	70,763	L(28), D(88), O(4)	T-12 6/30/2015	3,242,969	2,170,180	1,072,789	12/31/2014	3,106,437	2,055,203	1,051,235	12/31/2013	2,983,312	2,055,765
Loan	25	Sunny Delight Beverages (29)	1.3%	311,650	Sq. Ft.	29	L(24), D(92), O(4)
Loan	26	The Hawthorne (29)	1.2%	50	Units	163,480	L(24), D(92), O(4)
Loan	27	Regency Square	1.0%	115,885	Sq. Ft.	63	L(24), D(92), O(4)	T-12 10/29/2015	961,100	381,732	579,369	12/31/2014	1,091,180	336,255	754,926	12/31/2013	1,155,357	352,746
Loan	28	Deer Valley Four	0.9%	110,301	Sq. Ft.	59	L(36), YM1(80), O(4)	T-12 11/30/2015	930,999	188,942	742,057	12/31/2014	928,423	217,001	711,422	12/31/2013	867,537	255,505
Loan	29	LA Fitness - Langham Creek	0.9%	45,000	Sq. Ft.	143	L(36), YM1(80), O(4)	T-12 8/31/2015	729,024	4,310	724,714	12/31/2014	729,019	3,855	725,164	12/31/2013	729,019	3,925
Loan	30	Beckford & Northrup Apartments	0.9%	209	Units	29,634	L(25), D(91), O(4)	T-6 9/30/2015 Ann.	1,327,475	705,281	622,195	Various	1,309,754	682,028	627,725	Various	1,197,712	759,684
Property	30.01	Beckford Place	0.5%	120	Units	31,575		T-6 9/30/2015 Ann.	815,066	420,855	394,211	T-12 9/30/2015	796,059	398,368	397,691	12/31/2014	761,553	448,951
Property	30.02	Northrup Court	0.3%	89	Units	27,016		T-6 9/30/2015 Ann.	512,410	284,426	227,984	T-9 9/30/2015 Ann.	513,695	283,660	230,034	12/31/2013	436,159	310,733
Loan	31	Oaks at Sunset II (29)	0.8%	64	Units	90,563	L(26), YM1(91), O(3)	T-12 7/31/2015	791,787	313,342	478,445	12/31/2014	782,814	315,705	467,109	12/31/2013	722,987	305,298
Loan	32	Los Coyotes Center	0.7%	17,063	Sq. Ft.	309	L(25), D(91), O(4)	T-12 7/31/2015	629,961	145,342	484,619	12/31/2014	610,094	144,843	465,251	12/31/2013	584,440	144,390
Loan	33	Fairfield Inn & Suites, Cordele	0.7%	69	Rooms	68,692	L(29), D(87), O(4)	12/31/2014	1,364,109	774,146	589,963	12/31/2013	1,290,072	807,869	482,203	12/31/2012	1,225,690	752,998
Loan	34	Folsom MOB (29)	0.6%	36,679	Sq. Ft.	122	L(26), YM1(90), O(4)	T-12 7/31/2015	447,127	254,852	192,275	12/31/2014	416,382	256,105	160,277	12/31/2013	526,658	195,173
Loan	35	Carmel Crossings & Starbucks	0.5%	9,524	Sq. Ft.	400	L(24), D(92), O(4)
Property	35.01	Carmel Crossings	0.4%	7,860	Sq. Ft.	371
Property	35.02	Starbucks	0.1%	1,664	Sq. Ft.	541
Loan	36	Yucaipa Self Storage	0.4%	51,990	Sq. Ft.	57	L(26), D(90), O(4)	T-12 6/30/2015	529,490	184,789	344,702	12/31/2014	504,053	181,736	322,317	12/31/2013	461,849	191,531
Loan	37	Torrey Center	0.3%	29,007	Sq. Ft.	77	L(24), D(92), O(4)
Loan	38	Woods Creek MHP	0.3%	91	Pads	21,946	L(25), D(92), O(3)	T-12 6/30/2015	530,665	282,467	248,198	12/31/2014	555,116	286,604	268,513	12/31/2013	512,607	280,006

A-1-4

CFCRE 2016-C3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES


			% of	Third
Property			Initial Pool	Most Recent	Underwritten NOI	Underwritten NCF	Underwritten	Underwritten	Underwritten	Underwritten	Underwritten	Underwritten	Underwritten	Ownership	Ground Lease	Ground Lease
Flag	ID	Property Name	Balance	NOI($)	Debt Yield (9)	Debt Yield (9)	Revenue($)	EGI($)	Expenses($)	NOI ($)	Reserves($)	TI/LC($)	NCF($)	Interest	Expiration (16)	Extension Terms (16)
Loan	1	Element LA (28)(29)	7.9%		8.5%	8.3%	12,814,045	18,020,236	3,787,349	14,232,887	42,606	284,037	13,906,245	Fee Simple
Loan	2	123 Townsend	7.5%	3,069,418	10.2%	9.5%	8,351,106	7,498,651	2,119,137	5,379,514	34,258	328,417	5,016,839	Fee Simple
Loan	3	Empire Mall (28)	7.1%	19,090,493	11.2%	10.7%	18,002,960	28,697,242	7,478,959	21,218,283	242,735	589,189	20,386,359	Fee Simple/Leasehold	09/30/2033	None
Loan	4	215 West 34th Street & 218 West 35th Street (28)	5.7%	5,544,427	8.1%	8.0%	9,611,718	14,536,119	3,987,562	10,548,557	11,743	78,287	10,458,527	Fee Simple/Leased Fee
Loan	5	AG Life Time Fitness Portfolio (28)(29)	5.7%		10.7%	9.9%	20,284,400	19,270,180	578,105	18,692,075	188,140	1,254,268	17,249,666	Fee Simple
Property	5.01	Florham Park	0.8%				3,005,600	2,855,320	85,660	2,769,660	16,499	109,995	2,643,166	Fee Simple
Property	5.02	Westwood	0.8%				2,937,600	2,790,720	83,722	2,706,998	19,200	128,000	2,559,798	Fee Simple
Property	5.03	Vernon Hills	0.7%				2,495,600	2,370,820	71,125	2,299,695	21,074	140,495	2,138,126	Fee Simple
Property	5.04	Lakeville	0.6%				1,985,600	1,886,320	56,590	1,829,730	32,197	214,646	1,582,888	Fee Simple
Property	5.05	Sterling	0.5%				1,829,200	1,737,740	52,132	1,685,608	16,817	112,110	1,556,681	Fee Simple
Property	5.06	Vestavia Hills	0.5%				1,734,000	1,647,300	49,419	1,597,881	15,547	103,647	1,478,687	Fee Simple
Property	5.07	Beachwood	0.5%				1,659,200	1,576,240	47,287	1,528,953	16,817	112,110	1,400,026	Fee Simple
Property	5.08	Dublin	0.4%				1,564,000	1,485,800	44,574	1,441,226	16,357	109,045	1,315,824	Fee Simple
Property	5.09	Ellisville	0.4%				1,543,600	1,466,420	43,993	1,422,427	16,817	112,110	1,293,501	Fee Simple
Property	5.10	Woodstock	0.4%				1,530,000	1,453,500	43,605	1,409,895	16,817	112,110	1,280,969	Fee Simple
Loan	6	One Commerce Plaza (28)	5.7%	8,052,633	9.9%	8.7%	11,671,771	13,647,996	6,438,130	7,209,866	110,806	738,708	6,360,352	Fee Simple
Loan	7	Springfield Mall (28)	4.6%	7,183,368	11.2%	10.8%	7,093,672	12,897,344	5,623,944	7,273,400	44,636	223,180	7,005,584	Fee Simple
Loan	8	NMS Los Angeles Multifamily Portfolio (28)	4.3%	6,035,021	6.7%	6.6%	11,281,164	10,840,983	2,859,551	7,981,432	96,000		7,885,432	Fee Simple
Property	8.01	Luxe at 1548	1.0%	1,090,089			2,356,452	2,295,351	664,861	1,630,490	13,500		1,616,990	Fee Simple
Property	8.02	Luxe at 1539	0.9%	1,242,712			2,288,160	2,302,133	600,505	1,701,628	15,500		1,686,128	Fee Simple
Property	8.03	Luxe at 1759	0.8%	1,186,842			2,069,748	1,918,375	463,747	1,454,628	15,250		1,439,378	Fee Simple
Property	8.04	NMS at Northridge	0.8%	1,310,544			2,166,168	2,117,713	459,280	1,658,433	25,500		1,632,933	Fee Simple
Property	8.05	NMS at Warner Center	0.5%	813,342			1,711,020	1,576,256	493,471	1,082,785	19,750		1,063,035	Fee Simple
Property	8.06	NMS at Superior	0.2%	391,492			689,616	631,155	177,687	453,468	6,500		446,968	Fee Simple
Loan	9	Glenridge Medical Center I	4.1%	1,370,918	8.6%	8.1%	3,309,116	3,494,871	1,000,805	2,494,066	43,125	92,884	2,358,058	Fee Simple
Loan	10	EIP Multistate Industrial Portfolio	3.7%		9.6%	8.9%	2,611,621	2,504,836	25,048	2,479,787	65,285	130,570	2,283,932	Fee Simple
Property	10.01	Neapco Components	1.4%				1,005,179	964,078	9,641	954,438	25,435	50,870	878,133	Fee Simple
Property	10.02	Janesville Acoustics	1.3%				906,007	868,962	8,690	860,272	19,550	39,100	801,622	Fee Simple
Property	10.03	Heat Transfer Products Group	0.9%				700,435	671,795	6,718	665,077	20,300	40,600	604,177	Fee Simple
Loan	11	AMC Theatres Denver	3.3%	2,851,774	11.1%	10.8%	2,750,000	2,612,500	2,814	2,609,686	21,852	54,630	2,533,204	Fee Simple
Loan	12	Securlock Storage Portfolio	3.2%	1,633,769	8.4%	8.3%	3,270,010	3,096,602	1,176,786	1,919,817	32,732		1,887,085	Fee Simple
Property	12.01	Securlock Allen	1.0%	532,238			1,004,899	957,069	370,491	586,579	9,208		577,371	Fee Simple
Property	12.02	Securlock Plano	0.9%	512,468			947,016	894,433	331,057	563,376	10,012		553,364	Fee Simple
Property	12.03	Securlock Fort Worth	0.7%	282,190			697,751	664,095	263,430	400,665	7,494		393,171	Fee Simple
Property	12.04	Securlock Coppell	0.6%	306,872			620,346	581,006	211,808	369,198	6,018		363,180	Fee Simple
Loan	13	DoubleTree - Wichita Airport (29)	3.2%	2,895,930	14.0%	11.2%	8,699,739	12,442,547	9,338,043	3,104,504	622,127		2,482,376	Leasehold	11/30/2045	2 Extension options: 1, 5 year option; 1, 7 year option
Loan	14	Tennant Station	3.1%	2,559,222	14.2%	13.5%	3,626,281	4,202,192	1,082,307	3,119,884	46,259	100,870	2,972,755	Fee Simple
Loan	15	The Village at Crown Park	2.8%	-229,639	8.2%	8.0%	2,735,759	3,102,665	1,462,957	1,639,708	47,025		1,592,683	Fee Simple
Loan	16	Grand Canyon Parkway	2.6%	1,491,066	8.5%	8.1%	1,699,028	2,084,313	511,254	1,573,059	12,043	60,215	1,500,801	Fee Simple
Loan	17	The Shops at Metropolis	2.4%	987,983	9.0%	8.6%	1,374,814	2,142,148	617,228	1,524,920	7,513	52,591	1,464,816	Fee Simple
Loan	18	Charleston Industrial Portfolio	2.3%	1,742,647	10.8%	9.5%	2,789,741	2,649,822	887,299	1,762,523	74,127	148,255	1,540,140	Fee Simple
Property	18.01	Aviation Center	1.3%	1,322,584			1,470,181	1,358,553	494,862	863,691	22,197	44,394	797,100	Fee Simple
Property	18.02	Hanahan Industrial Building	1.0%	420,063			1,319,561	1,291,269	392,438	898,831	51,930	103,861	743,040	Fee Simple
Loan	19	Eastland Plaza	2.1%	1,727,510	12.7%	12.0%	2,397,968	2,829,248	951,723	1,877,525	33,739	72,473	1,771,313	Fee Simple
Loan	20	Securlock Storage Portfolio II	2.0%	838,047	8.2%	8.0%	2,010,523	1,903,190	737,127	1,166,062	27,698		1,138,365	Fee Simple
Property	20.01	Securlock - Bedford	0.7%	293,104			697,635	664,448	244,175	420,273	8,783		411,491	Fee Simple
Property	20.02	Securlock - Hurst	0.7%	270,867			687,302	631,665	247,688	383,977	10,885		373,092	Fee Simple
Property	20.03	Securlock - Vista Ridge	0.6%	274,076			625,586	607,076	245,265	361,812	8,030		353,781	Fee Simple
Loan	21.00	Pacific Concourse Office Building	1.6%	1,229,400	10.2%	9.8%	1,593,540	1,635,544	479,320	1,156,224	10,216	34,055	1,111,953	Fee Simple
Loan	22	Gables at Westlake Apartments	1.6%	1,038,029	10.6%	10.1%	1,932,852	1,935,266	771,013	1,164,252	60,000		1,104,252	Fee Simple
Loan	23	Turton Apartments	1.5%	1,179,995	9.0%	8.3%	2,029,597	1,749,012	816,603	932,409	75,300		857,109	Fee Simple
Property	23.01	Richmond I Apartments	0.5%	297,387			523,296	480,000	198,317	281,683	18,000		263,683	Fee Simple
Property	23.02	Richmond II Apartments	0.4%	363,146			585,000	519,545	245,502	274,043	19,200		254,843	Fee Simple
Property	23.03	Madison Place Apartments	0.2%	83,095			201,548	205,185	100,728	104,457	8,700		95,757	Fee Simple
Property	23.04	St. Charles Apartments	0.2%	183,849			329,530	224,286	121,929	102,357	12,600		89,757	Fee Simple
Property	23.05	St. James Apartments	0.1%	161,040			255,067	199,468	101,072	98,396	10,800		87,596	Fee Simple
Property	23.06	Cambridge Apartments	0.1%	91,479			135,156	120,528	49,056	71,472	6,000		65,472	Fee Simple
Loan	24	Holiday Inn Express Tempe	1.3%	927,546	11.4%	10.0%	3,212,829	3,242,969	2,206,817	1,036,152	129,719		906,433	Fee Simple
Loan	25	Sunny Delight Beverages (29)	1.3%		13.4%	11.4%	1,319,176	1,463,795	253,555	1,210,240	93,946	93,495	1,022,799	Fee Simple
Loan	26	The Hawthorne (29)	1.2%		7.8%	7.6%	825,360	918,558	280,113	638,445	19,472		618,973	Fee Simple
Loan	27	Regency Square	1.0%	802,611	10.9%	9.6%	1,141,750	1,191,676	387,067	804,609	24,336	75,325	704,948	Fee Simple
Loan	28	Deer Valley Four	0.9%	612,032	10.4%	9.2%	1,034,883	950,891	272,938	677,953	27,575	53,272	597,106	Fee Simple
Loan	29	LA Fitness - Langham Creek	0.9%	725,094	9.4%	8.7%	656,117	623,312	21,816	601,496	18,450	22,448	560,598	Fee Simple
Loan	30	Beckford & Northrup Apartments	0.9%	438,029	10.4%	9.4%	1,343,253	1,308,784	667,377	641,407	57,119		584,288	Fee Simple
Property	30.01	Beckford Place	0.5%	312,603			813,980	793,931	400,196	393,735	33,000		360,735	Fee Simple
Property	30.02	Northrup Court	0.3%	125,426			529,273	514,854	267,181	247,672	24,119		223,553	Fee Simple
Loan	31	Oaks at Sunset II (29)	0.8%	417,689	8.2%	7.8%	816,720	783,040	310,011	473,029	19,200		453,829	Fee Simple
Loan	32	Los Coyotes Center	0.7%	440,050	8.6%	8.2%	483,633	622,684	170,812	451,872	4,553	16,863	430,456	Fee Simple
Loan	33	Fairfield Inn & Suites, Cordele	0.7%	472,692	11.8%	10.7%	1,324,131	1,344,554	785,472	559,082	53,782		505,300	Fee Simple
Loan	34	Folsom MOB (29)	0.6%	331,486	9.2%	8.2%	752,689	647,349	232,497	414,852	8,436	36,679	369,737	Fee Simple
Loan	35	Carmel Crossings & Starbucks	0.5%		9.3%	8.9%	387,289	433,652	79,750	353,902	1,905	14,286	337,711	Fee Simple
Property	35.01	Carmel Crossings	0.4%				300,911	335,452	62,701	272,751	1,572	11,790	259,389	Fee Simple
Property	35.02	Starbucks	0.1%				86,378	98,200	17,049	81,151	333	2,496	78,322	Fee Simple
Loan	36	Yucaipa Self Storage	0.4%	270,319	11.0%	10.9%	581,904	529,490	202,034	327,456	5,199		322,257	Fee Simple
Loan	37	Torrey Center	0.3%		9.4%	8.6%	409,690	369,610	160,729	208,881	2,901	14,504	191,477	Leasehold	12/28/2076	None
Loan	38	Woods Creek MHP	0.3%	232,602	9.8%	9.4%	560,791	521,464	325,564	195,900	8,645		187,255	Fee Simple

A-1-5

CFCRE 2016-C3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

% of

Property

Initial Pool

Lease

Flag

Property Name

Balance

Largest Tenant (17)(18)(19)(20)(21)

Expiration (19)

2nd Largest Tenant (20)(21)

Expiration

3rd Largest Tenant (18)(20)

Expiration

4th Largest Tenant (17)(19)

Expiration (17) (19)

Loan

Element LA (28)(29)

7.9%

Riot Games

284,037

3/31/2030

NAP

Loan

123 Townsend

7.5%

PayPal, Inc.

60,581

2/28/2023

Al Jazeera America, LLC

40,345

9/30/2019

Vouch Financial Inc.

7,201

4/30/2020

Umlaut Films, Inc.

7,150

9/30/2020

Loan

Empire Mall (28)

7.1%

J.C. Penney

134,209

04/30/2021

Younkers

101,151

01/31/2026

Macy’s

100,790

01/31/2019

Sears

100,709

6/30/2018

Loan

215 West 34th Street & 218 West 35th Street (28)

5.7%

34th Hotel Ventures LLC

222,000

10/28/2083

DSW Shoes

37,108

01/31/2028

Planet Fitness

15,350

06/30/2030

Party City

11,865

10/31/2021

Loan

AG Life Time Fitness Portfolio (28)(29)

5.7%

Property

5.01

Florham Park

0.8%

Life Time Fitness

109,995

06/30/2035

NAP

Property

5.02

Westwood

0.8%

Life Time Fitness

128,000

06/30/2035

NAP

Property

5.03

Vernon Hills

0.7%

Life Time Fitness

140,495

06/30/2035

NAP

Property

5.04

Lakeville

0.6%

Life Time Fitness

214,646

06/30/2035

NAP

Property

5.05

Sterling

0.5%

Life Time Fitness

112,110

06/30/2035

NAP

Property

5.06

Vestavia Hills

0.5%

Life Time Fitness

103,647

06/30/2035

NAP

Property

5.07

Beachwood

0.5%

Life Time Fitness

112,110

06/30/2035

NAP

Property

5.08

Dublin

0.4%

Life Time Fitness

109,045

06/30/2035

NAP

Property

5.09

Ellisville

0.4%

Life Time Fitness

112,110

06/30/2035

NAP

Property

5.10

Woodstock

0.4%

Life Time Fitness

112,110

06/30/2035

NAP

Loan

One Commerce Plaza (28)

5.7%

NYS OGC Department of Health (DOH)

166,700

12/31/2016

NYS Dept. of State

123,715

05/31/2018

NYS Higher Education

102,685

07/31/2017

NYS Department of Financial Services (DFS)

77,643

MTM

Loan

Springfield Mall (28)

4.6%

Ulta

10,287

10/31/2022

American Eagle Outfitters

8,284

8/31/2024

The Gap/Gap Kids

8,035

1/31/2019

Express

7,530

1/31/2019

Loan

NMS Los Angeles Multifamily Portfolio (28)

4.3%

Property

8.01

Luxe at 1548

1.0%

NAP

Property

8.02

Luxe at 1539

0.9%

NAP

Property

8.03

Luxe at 1759

0.8%

NAP

Property

8.04

NMS at Northridge

0.8%

NAP

Property

8.05

NMS at Warner Center

0.5%

NAP

Property

8.06

NMS at Superior

0.2%

NAP

Loan

Glenridge Medical Center I

4.1%

HCA Surgery Center

41,491

09/30/2023

GA Urology

15,532

8/31/2026

Atlanta Opthamology

11,624

03/01/2023

The Physicians Pain & Rehab

10,733

10/1/2021

Loan

EIP Multistate Industrial Portfolio

3.7%

Property

10.01

Neapco Components

1.4%

Neapco Components

254,350

12/31/2028

NAP

Property

10.02

Janesville Acoustics

1.3%

Janesville Acoustics

195,500

12/31/2026

NAP

Property

10.03

Heat Transfer Products Group

0.9%

Heat Transfer Products Group

203,000

12/01/2025

NAP

Loan

AMC Theatres Denver

3.3%

American Multi-Cinema, Inc.

109,260

11/1/2031

NAP

Loan

Securlock Storage Portfolio

3.2%

Property

12.01

Securlock Allen

1.0%

NAP

Property

12.02

Securlock Plano

0.9%

NAP

Property

12.03

Securlock Fort Worth

0.7%

NAP

Property

12.04

Securlock Coppell

0.6%

NAP

Loan

DoubleTree - Wichita Airport (29)

3.2%

NAP

Loan

Tennant Station

3.1%

Rossos Furniture

40,428

04/04/2016

Morgan Hill Bowl

35,678

8/31/2016

Cinelux Theatres

29,292

1/31/2019

24 Hour Nautilus

24,708

9/30/2020

Loan

The Village at Crown Park

2.8%

NAP

Loan

Grand Canyon Parkway

2.6%

Ferguson Enterprises

20,449

1/31/2021

Chuck E Cheese

12,212

1/31/2019

rue21, inc.

4,810

01/31/2017

Hottie

4,190

MTM

Loan

The Shops at Metropolis

2.4%

Taco Mac

7,690

12/31/2017

Peachtree Irish Pub, LLC

5,238

10/31/2025

Newk’s Express Cafe

4,296

10/31/2023

Orange Theory Fitness

3,916

04/30/2019

Loan

Charleston Industrial Portfolio

2.3%

Property

18.01

Aviation Center

1.3%

Honeywell Technology Solutions

38,840

3/31/2021

Synter Resource Group

27,906

4/30/2019

PSA (Sub let to Benefit Focus)

25,293

1/31/2018

Smith Dray Line

9,600

3/15/2016

Property

18.02

Hanahan Industrial Building

1.0%

Superior Transportation

110,989

08/31/2018

Blackmon Warehouse

49,961

5/31/2017

BCD Council of Governments

27,510

6/30/2020

Muhler

24,080

11/30/2027

Loan

Eastland Plaza

2.1%

PAQ, Inc.

50,875

08/28/2035

Dollar Tree Stores (P#1240)

13,920

04/30/2021

Rainbow Women’s Retail Group LTD

13,173

01/31/2020

Foxy 23

6,002

02/28/2017

Loan

Securlock Storage Portfolio II

2.0%

Property

20.01

Securlock - Bedford

0.7%

NAP

Property

20.02

Securlock - Hurst

0.7%

NAP

Property

20.03

Securlock - Vista Ridge

0.6%

NAP

Loan

21.00

Pacific Concourse Office Building

1.6%

National University

68,109

2/25/2021

NAP

Loan

Gables at Westlake Apartments

1.6%

NAP

Loan

Turton Apartments

1.5%

Property

23.01

Richmond I Apartments

0.5%

NAP

Property

23.02

Richmond II Apartments

0.4%

NAP

Property

23.03

Madison Place Apartments

0.2%

NAP

Property

23.04

St. Charles Apartments

0.2%

NAP

Property

23.05

St. James Apartments

0.1%

NAP

Property

23.06

Cambridge Apartments

0.1%

NAP

Loan

Holiday Inn Express Tempe

1.3%

NAP

Loan

Sunny Delight Beverages (29)

1.3%

Sunny Delight

311,650

07/31/2028

NAP

Loan

The Hawthorne (29)

1.2%

NAP

Loan

Regency Square

1.0%

Office Depot #02649

23,992

3/31/2017

Harbor Freight

14,364

9/30/2020

Dollar Tree #2671

12,802

9/30/2025

Love Furniture

8,500

1/5/2020

Loan

Deer Valley Four

0.9%

Pinnacle Communications

6,930

06/30/2018

E Direct LLC, Greg Schutsky

6,660

11/30/2018

On Angel’s Wings

6,660

07/31/2018

Photocentric

6,660

12/31/2017

Loan

LA Fitness - Langham Creek

0.9%

LA Fitness

45,000

09/30/2030

NAP

Loan

Beckford & Northrup Apartments

0.9%

Property

30.01

Beckford Place

0.5%

NAP

Property

30.02

Northrup Court

0.3%

NAP

Loan

Oaks at Sunset II (29)

0.8%

NAP

Loan

Los Coyotes Center

0.7%

Center Stage Dance Academy

6,415

6/30/2016

Sylvan Learning Center

3,645

3/31/2016

Long Beach Spine & Rehab

1,480

10/31/2022

Jeffrey Cohen, DDS

1,296

03/31/2016

Loan

Fairfield Inn & Suites, Cordele

0.7%

NAP

Loan

Folsom MOB (29)

0.6%

Sutter Medical Foundation

18,170

6/30/2020

Physical Therapy Clinics, Inc.

4,339

05/31/2020

Philip J. Orisek, M.D.

3,000

09/30/2019

Well Care Central

2,483

01/31/2018

Loan

Carmel Crossings & Starbucks

0.5%

Property

35.01

Carmel Crossings

0.4%

CycleBar

3,209

04/30/2026

Blaze Pizza

2,400

08/31/2024

Chipotle

2,251

11/30/2024

NAP

Property

35.02

Starbucks

0.1%

Starbucks

1,664

08/31/2019

NAP

Loan

Yucaipa Self Storage

0.4%

NAP

Loan

Torrey Center

0.3%

Injinji Footwear, Inc.

19,998

03/31/2017

Thomas G. Beard (dba Shuttermart)

4,594

1/31/2017

Villa Musica

4,415

07/31/2020

NAP

Loan

Woods Creek MHP

0.3%

NAP

A-1-6

CFCRE 2016-C3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

% of

Upfront

Monthly

Property

Initial Pool

Lease

Occupancy

Replacement

Flag

Property Name

Balance

5th Largest Tenant (20)(21)

Expiration

Occupancy

As-of Date

Reserves($)(23)

Reserves ($)(24)(25)

Loan

Element LA (28)(29)

7.9%

NAP

100.0%

12/30/2015

Springing

Loan

123 Townsend

7.5%

NAP

84.1%

09/30/2015

Loan

Empire Mall (28)

7.1%

Hy-Vee

89,044

12/31/2026

97.1%

10/23/2015

Springing

Loan

215 West 34th Street & 218 West 35th Street (28)

5.7%

Joe Fresh

8,572

01/31/2021

100.0%

10/01/2015

979

Loan

AG Life Time Fitness Portfolio (28)(29)

5.7%

100.0%

12/30/2015

Springing

Property

5.01

Florham Park

0.8%

NAP

100.0%

12/30/2015

Property

5.02

Westwood

0.8%

NAP

100.0%

12/30/2015

Property

5.03

Vernon Hills

0.7%

NAP

100.0%

12/30/2015

Property

5.04

Lakeville

0.6%

NAP

100.0%

12/30/2015

Property

5.05

Sterling

0.5%

NAP

100.0%

12/30/2015

Property

5.06

Vestavia Hills

0.5%

NAP

100.0%

12/30/2015

Property

5.07

Beachwood

0.5%

NAP

100.0%

12/30/2015

Property

5.08

Dublin

0.4%

NAP

100.0%

12/30/2015

Property

5.09

Ellisville

0.4%

NAP

100.0%

12/30/2015

Property

5.10

Woodstock

0.4%

NAP

100.0%

12/30/2015

Loan

One Commerce Plaza (28)

5.7%

NYS Office of Temporary and Disability Assistance (OTDA)

70,870

MTM

96.4%

12/01/2015

9,234

Loan

Springfield Mall (28)

4.6%

Victoria’s Secret

7,000

01/31/2023

95.8%

09/30/2015

Springing

Loan

NMS Los Angeles Multifamily Portfolio (28)

4.3%

96.10%

12/28/2015

8,000

Property

8.01

Luxe at 1548

1.0%

NAP

100.00%

12/28/2015

Property

8.02

Luxe at 1539

0.9%

NAP

100.00%

12/28/2015

Property

8.03

Luxe at 1759

0.8%

NAP

100.00%

12/28/2015

Property

8.04

NMS at Northridge

0.8%

NAP

95.10%

12/28/2015

Property

8.05

NMS at Warner Center

0.5%

NAP

93.70%

12/28/2015

Property

8.06

NMS at Superior

0.2%

NAP

80.80%

12/28/2015

Loan

Glenridge Medical Center I

4.1%

Honan Property Management

7,500

02/28/2029

95.1%

11/12/2015

3,594

Loan

EIP Multistate Industrial Portfolio

3.7%

100.0%

12/30/2015

94,250

Springing

Property

10.01

Neapco Components

1.4%

NAP

100.0%

12/30/2015

Property

10.02

Janesville Acoustics

1.3%

NAP

100.0%

12/30/2015

Property

10.03

Heat Transfer Products Group

0.9%

NAP

100.0%

12/30/2015

Loan

AMC Theatres Denver

3.3%

NAP

100.0%

12/30/2015

Springing

Loan

Securlock Storage Portfolio

3.2%

96.2%

09/25/2015

2,180

Property

12.01

Securlock Allen

1.0%

NAP

97.0%

09/25/2015

Property

12.02

Securlock Plano

0.9%

NAP

96.6%

09/25/2015

Property

12.03

Securlock Fort Worth

0.7%

NAP

95.4%

09/25/2015

Property

12.04

Securlock Coppell

0.6%

NAP

95.4%

09/25/2015

Loan

DoubleTree - Wichita Airport (29)

3.2%

NAP

72.3%

09/30/2015

Springing

Loan

Tennant Station

3.1%

Joanns Fabrics

14,720

03/31/2024

95.7%

10/08/2015

Loan

The Village at Crown Park

2.8%

NAP

96.6%

10/27/2015

3,920

Loan

Grand Canyon Parkway

2.6%

Honeybee Food Corp

4,117

09/30/2019

90.6%

08/01/2015

1,004

Loan

The Shops at Metropolis

2.4%

Sweet Hut Bakery & Cafe

3,108

09/30/2024

89.9%

10/01/2015

626

Loan

Charleston Industrial Portfolio

2.3%

92.6%

11/19/2015

1st Payment - 24th Payment: $7,722; 25th Payment - Maturity Date: $5,791

Property

18.01

Aviation Center

1.3%

NAP

82.9%

11/19/2015

Property

18.02

Hanahan Industrial Building

1.0%

Onyx International, LLC

22,360

5/31/2018

96.7%

11/19/2015

Loan

Eastland Plaza

2.1%

Western Dental Services, Inc.

5,501

08/31/2019

90.9%

11/29/2015

Loan

Securlock Storage Portfolio II

2.0%

91.8%

09/25/2015

1,540

Property

20.01

Securlock - Bedford

0.7%

NAP

94.7%

09/25/2015

Property

20.02

Securlock - Hurst

0.7%

NAP

90.9%

09/25/2015

Property

20.03

Securlock - Vista Ridge

0.6%

NAP

89.7%

09/25/2015

Loan

21.00

Pacific Concourse Office Building

1.6%

NAP

100.0%

12/30/2015

851

Loan

Gables at Westlake Apartments

1.6%

NAP

97.0%

08/31/2015

5,000

Loan

Turton Apartments

1.5%

92.0%

11/02/2015

404,319

6,275

Property

23.01

Richmond I Apartments

0.5%

NAP

98.3%

11/02/2015

Property

23.02

Richmond II Apartments

0.4%

NAP

95.3%

11/02/2015

Property

23.03

Madison Place Apartments

0.2%

NAP

96.6%

11/02/2015

Property

23.04

St. Charles Apartments

0.2%

NAP

83.3%

11/02/2015

Property

23.05

St. James Apartments

0.1%

NAP

80.6%

11/02/2015

Property

23.06

Cambridge Apartments

0.1%

NAP

95.0%

11/02/2015

Loan

Holiday Inn Express Tempe

1.3%

NAP

61.2%

06/30/2015

1,965,091

Borrower will pay the greater of, (i) Amount required under the Franchise Agreement and (ii) 1/12 of 4% of the greater of (a) annual gross revenue and (b) projected Annual Gross Revenue

Loan

Sunny Delight Beverages (29)

1.3%

NAP

100.0%

12/30/2015

Springing

Loan

The Hawthorne (29)

1.2%

NAP

98.1%

12/11/2015

1,090

Loan

Regency Square

1.0%

Pizza Ranch

6,900

07/31/2025

86.3%

12/12/2015

2,122

Loan

Deer Valley Four

0.9%

Core Communications

6,660

12/31/2016

97.0%

12/01/2015

2,298

Springing

Loan

LA Fitness - Langham Creek

0.9%

NAP

100.0%

12/30/2015

Springing

Loan

Beckford & Northrup Apartments

0.9%

96.1%

11/02/2015

5,230

Property

30.01

Beckford Place

0.5%

NAP

95.8%

11/02/2015

Property

30.02

Northrup Court

0.3%

NAP

96.6%

11/02/2015

Loan

Oaks at Sunset II (29)

0.8%

NAP

95.3%

07/10/2015

1,600

Loan

Los Coyotes Center

0.7%

Ferraro Restaurant - Steven Golriz

1,239

11/30/2022

100.0%

07/01/2015

379

Loan

Fairfield Inn & Suites, Cordele

0.7%

NAP

60.8%

12/31/2014

4,480

1/12 of 4% of the property’s gross revenue for the preceding year

Loan

Folsom MOB (29)

0.6%

Hanger Prosthetics & Orth

2,299

MTM

85.8%

09/03/2015

703

Loan

Carmel Crossings & Starbucks

0.5%

100.0%

Various

159

Property

35.01

Carmel Crossings

0.4%

NAP

100.0%

12/07/2015

Property

35.02

Starbucks

0.1%

NAP

100.0%

12/30/2015

Loan

Yucaipa Self Storage

0.4%

NAP

97.6%

08/31/2015

867

433

Loan

Torrey Center

0.3%

NAP

100.0%

12/16/2015

242

Loan

Woods Creek MHP

0.3%

NAP

96.7%

10/31/2015

758

A-1-7

CFCRE 2016-C3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES


			% of	Upfront	Monthly	Upfront	Monthly	Upfront	Monthly	Upfront	Upfront
Property			Initial Pool	TI/LC	TI/LC	Tax	Tax	Insurance	Insurance	Engineering	Other
Flag	ID	Property Name	Balance	Reserves ($)(23)	Reserves ($)(24)(25)	Reserves ($)(23)	Reserves ($)(24)	Reserves($)(23)	Reserves ($)(24)	Reserve($)(23)	Reserves ($)(23)
Loan	1	Element LA (28)(29)	7.9%			760,000	190,000		Springing		193,750
Loan	2	123 Townsend	7.5%			107,083	21,417	8,202	4,101
Loan	3	Empire Mall (28)	7.1%	75,000	Springing		Springing		Springing
Loan	4	215 West 34th Street & 218 West 35th Street (28)	5.7%		Springing	290,167	290,167	24,490	12,245		225,000
Loan	5	AG Life Time Fitness Portfolio (28)(29)	5.7%		Springing		Springing		Springing	1,879,873
Property	5.01	Florham Park	0.8%
Property	5.02	Westwood	0.8%
Property	5.03	Vernon Hills	0.7%
Property	5.04	Lakeville	0.6%
Property	5.05	Sterling	0.5%
Property	5.06	Vestavia Hills	0.5%
Property	5.07	Beachwood	0.5%
Property	5.08	Dublin	0.4%
Property	5.09	Ellisville	0.4%
Property	5.10	Woodstock	0.4%
Loan	6	One Commerce Plaza (28)	5.7%		1st Payment - 36th Payment: $70,793; 37th Payment - Maturity Date: $61,559	351,334	175,667	126,466	15,808
Loan	7	Springfield Mall (28)	4.6%		Springing	566,919	174,917		Springing
Loan	8	NMS Los Angeles Multifamily Portfolio (28)	4.3%			633,333	79,167	52,199	10,440	199,100
Property	8.01	Luxe at 1548	1.0%
Property	8.02	Luxe at 1539	0.9%
Property	8.03	Luxe at 1759	0.8%
Property	8.04	NMS at Northridge	0.8%
Property	8.05	NMS at Warner Center	0.5%
Property	8.06	NMS at Superior	0.2%
Loan	9	Glenridge Medical Center I	4.1%		Springing	33,333	16,667	20,250	2,250	323,965	10,672,012
Loan	10	EIP Multistate Industrial Portfolio	3.7%		Springing		Springing	5,667	Springing	5,750	99,200
Property	10.01	Neapco Components	1.4%
Property	10.02	Janesville Acoustics	1.3%
Property	10.03	Heat Transfer Products Group	0.9%
Loan	11	AMC Theatres Denver	3.3%	4,500,000		45,000	Springing	12,375	Springing
Loan	12	Securlock Storage Portfolio	3.2%			33,474	33,474	16,832	2,104
Property	12.01	Securlock Allen	1.0%
Property	12.02	Securlock Plano	0.9%
Property	12.03	Securlock Fort Worth	0.7%
Property	12.04	Securlock Coppell	0.6%
Loan	13	DoubleTree - Wichita Airport (29)	3.2%				Springing	19,056	4,764		1,794,941
Loan	14	Tennant Station	3.1%			70,000	17,500	48,818	4,438	4,375
Loan	15	The Village at Crown Park	2.8%			99,041	49,521		Springing
Loan	16	Grand Canyon Parkway	2.6%		5,018	23,000	7,667		Springing		2,500
Loan	17	The Shops at Metropolis	2.4%		4,383	47,203	11,801	1,425	475	11,400	3,469
Loan	18	Charleston Industrial Portfolio	2.3%	450,000	1st Payment - 24th Payment: $16,667; 25th Payment - Maturity Date: $11,277	22,721	22,721	31,573	11,355	4,250
Property	18.01	Aviation Center	1.3%
Property	18.02	Hanahan Industrial Building	1.0%
Loan	19	Eastland Plaza	2.1%	135,000		138,000	23,000		3,500		2,301,550
Loan	20	Securlock Storage Portfolio II	2.0%			15,884	15,884	7,586	948
Property	20.01	Securlock - Bedford	0.7%
Property	20.02	Securlock - Hurst	0.7%
Property	20.03	Securlock - Vista Ridge	0.6%
Loan	21.00	Pacific Concourse Office Building	1.6%	360,000	Springing	65,667	16,417	19,384	1,615	7,875	700,000
Loan	22	Gables at Westlake Apartments	1.6%			72,000	8,000	35,904	7,223	27,669
Loan	23	Turton Apartments	1.5%			13,678	13,678	41,290	10,322	48,437
Property	23.01	Richmond I Apartments	0.5%
Property	23.02	Richmond II Apartments	0.4%
Property	23.03	Madison Place Apartments	0.2%
Property	23.04	St. Charles Apartments	0.2%
Property	23.05	St. James Apartments	0.1%
Property	23.06	Cambridge Apartments	0.1%
Loan	24	Holiday Inn Express Tempe	1.3%			12,500	12,500	18,383	3,064	1,500	2,190,091
Loan	25	Sunny Delight Beverages (29)	1.3%		Springing		Springing		Springing	318,016
Loan	26	The Hawthorne (29)	1.2%	31,080	533	25,868	8,623	6,796	Springing
Loan	27	Regency Square	1.0%	200,000	6,567	82,667	10,333	6,618	2,206	17,450	153,418
Loan	28	Deer Valley Four	0.9%	4,439	1/12 of the product obtained by multiplying $0.47 by the aggregate number of rentable square feet in the property	10,939	10,939	11,297	869	7,920
Loan	29	LA Fitness - Langham Creek	0.9%	665,000	Springing		Springing		Springing
Loan	30	Beckford & Northrup Apartments	0.9%			86,458	12,351	33,469	3,719	69,689	400,000
Property	30.01	Beckford Place	0.5%
Property	30.02	Northrup Court	0.3%
Loan	31	Oaks at Sunset II (29)	0.8%			50,000	12,500	8,883	987
Loan	32	Los Coyotes Center	0.7%	300,000	Springing	20,417	4,083	8,482	848	11,813
Loan	33	Fairfield Inn & Suites, Cordele	0.7%			37,456	3,746	18,140	1,395		425,000
Loan	34	Folsom MOB (29)	0.6%	150,000	3,057	21,667	5,417	1,510	503		122,787
Loan	35	Carmel Crossings & Starbucks	0.5%		1,191	12,622	3,916	862	431		8,483
Property	35.01	Carmel Crossings	0.4%
Property	35.02	Starbucks	0.1%
Loan	36	Yucaipa Self Storage	0.4%			3,822	1,911		Springing
Loan	37	Torrey Center	0.3%	75,000	1,209	4,333	4,333	6,959	996	94,438
Loan	38	Woods Creek MHP	0.3%			13,082	4,361	8,565	1,316	47,300

A-1-8

CFCRE 2016-C3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES


			% of	Monthly
Property			Initial Pool	Other
Flag	ID	Property Name	Balance	Reserves ($)(24)(26)
Loan	1	Element LA (28)(29)	7.9%	Springing
Loan	2	123 Townsend	7.5%	Springing
Loan	3	Empire Mall (28)	7.1%	Springing
Loan	4	215 West 34th Street & 218 West 35th Street (28)	5.7%	Springing
Loan	5	AG Life Time Fitness Portfolio (28)(29)	5.7%	Springing
Property	5.01	Florham Park	0.8%
Property	5.02	Westwood	0.8%
Property	5.03	Vernon Hills	0.7%
Property	5.04	Lakeville	0.6%
Property	5.05	Sterling	0.5%
Property	5.06	Vestavia Hills	0.5%
Property	5.07	Beachwood	0.5%
Property	5.08	Dublin	0.4%
Property	5.09	Ellisville	0.4%
Property	5.10	Woodstock	0.4%
Loan	6	One Commerce Plaza (28)	5.7%	Borrower shall pay on each monthly payment date the lessor of (i) 131,339 and (ii) all Excess Cash for the applicable Interest Period to the MTM Reserve
Loan	7	Springfield Mall (28)	4.6%
Loan	8	NMS Los Angeles Multifamily Portfolio (28)	4.3%
Property	8.01	Luxe at 1548	1.0%
Property	8.02	Luxe at 1539	0.9%
Property	8.03	Luxe at 1759	0.8%
Property	8.04	NMS at Northridge	0.8%
Property	8.05	NMS at Warner Center	0.5%
Property	8.06	NMS at Superior	0.2%
Loan	9	Glenridge Medical Center I	4.1%	Springing
Loan	10	EIP Multistate Industrial Portfolio	3.7%
Property	10.01	Neapco Components	1.4%
Property	10.02	Janesville Acoustics	1.3%
Property	10.03	Heat Transfer Products Group	0.9%
Loan	11	AMC Theatres Denver	3.3%
Loan	12	Securlock Storage Portfolio	3.2%
Property	12.01	Securlock Allen	1.0%
Property	12.02	Securlock Plano	0.9%
Property	12.03	Securlock Fort Worth	0.7%
Property	12.04	Securlock Coppell	0.6%
Loan	13	DoubleTree - Wichita Airport (29)	3.2%	14,856
Loan	14	Tennant Station	3.1%
Loan	15	The Village at Crown Park	2.8%
Loan	16	Grand Canyon Parkway	2.6%
Loan	17	The Shops at Metropolis	2.4%	Springing
Loan	18	Charleston Industrial Portfolio	2.3%
Property	18.01	Aviation Center	1.3%
Property	18.02	Hanahan Industrial Building	1.0%
Loan	19	Eastland Plaza	2.1%	Springing
Loan	20	Securlock Storage Portfolio II	2.0%
Property	20.01	Securlock - Bedford	0.7%
Property	20.02	Securlock - Hurst	0.7%
Property	20.03	Securlock - Vista Ridge	0.6%
Loan	21.00	Pacific Concourse Office Building	1.6%	Springing
Loan	22	Gables at Westlake Apartments	1.6%
Loan	23	Turton Apartments	1.5%
Property	23.01	Richmond I Apartments	0.5%
Property	23.02	Richmond II Apartments	0.4%
Property	23.03	Madison Place Apartments	0.2%
Property	23.04	St. Charles Apartments	0.2%
Property	23.05	St. James Apartments	0.1%
Property	23.06	Cambridge Apartments	0.1%
Loan	24	Holiday Inn Express Tempe	1.3%	Springing
Loan	25	Sunny Delight Beverages (29)	1.3%
Loan	26	The Hawthorne (29)	1.2%
Loan	27	Regency Square	1.0%	Springing
Loan	28	Deer Valley Four	0.9%
Loan	29	LA Fitness - Langham Creek	0.9%	Springing
Loan	30	Beckford & Northrup Apartments	0.9%
Property	30.01	Beckford Place	0.5%
Property	30.02	Northrup Court	0.3%
Loan	31	Oaks at Sunset II (29)	0.8%
Loan	32	Los Coyotes Center	0.7%
Loan	33	Fairfield Inn & Suites, Cordele	0.7%
Loan	34	Folsom MOB (29)	0.6%
Loan	35	Carmel Crossings & Starbucks	0.5%	Springing
Property	35.01	Carmel Crossings	0.4%
Property	35.02	Starbucks	0.1%
Loan	36	Yucaipa Self Storage	0.4%
Loan	37	Torrey Center	0.3%	1/12 of annual ground rent
Loan	38	Woods Creek MHP	0.3%

A-1-9

CFCRE 2016-C3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

% of

Other

Environmental

Property

Initial Pool

Reserves

Report

Engineering

Loan

Flag

Property Name

Balance

Description

Date (27)

Report Date

Purpose

Loan

Element LA (28)(29)

7.9%

Environmental Remediation Reserve (Upfront: 193,750); Riot Games Reserve (Monthly: Springing); Leasing Reserve (Monthly: Springing)

10/01/2015

09/14/2015

Refinance

Loan

123 Townsend

7.5%

Occupancy Reserve (Monthly: Springing)

10/27/2015

10/08/2015

Refinance

Loan

Empire Mall (28)

7.1%

Ground Rent Reserve (Monthly: Springing)

10/19/2015

Refinance

Loan

215 West 34th Street & 218 West 35th Street (28)

5.7%

Free Rent Reserve (Upfront: 225,000); FF&E Reserve (Monthly: Springing)

11/12/2015

12/07/2015

Refinance

Loan

AG Life Time Fitness Portfolio (28)(29)

5.7%

Lifetime Fitness Reserve (One-Time Payment: Springing)

Acquisition

Property

5.01

Florham Park

0.8%

07/06/2015

Property

5.02

Westwood

0.8%

07/06/2015

Property

5.03

Vernon Hills

0.7%

07/06/2015

Property

5.04

Lakeville

0.6%

07/06/2015

Property

5.05

Sterling

0.5%

07/06/2015

Property

5.06

Vestavia Hills

0.5%

07/06/2015

Property

5.07

Beachwood

0.5%

07/06/2015

Property

5.08

Dublin

0.4%

07/06/2015

Property

5.09

Ellisville

0.4%

07/06/2015

Property

5.10

Woodstock

0.4%

07/06/2015

Loan

One Commerce Plaza (28)

5.7%

MTM Reserve (Monthly: Lessor of (i) 131,339 and (ii) all Excess Cash for the applicable Interest Period)

08/04/2015

06/22/2015

Refinance

Loan

Springfield Mall (28)

4.6%

09/09/2015

08/18/2015

Refinance

Loan

NMS Los Angeles Multifamily Portfolio (28)

4.3%

Refinance

Property

8.01

Luxe at 1548

1.0%

08/12/2015

06/23/2015

Property

8.02

Luxe at 1539

0.9%

07/20/2015

06/23/2015

Property

8.03

Luxe at 1759

0.8%

08/12/2015

06/23/2015

Property

8.04

NMS at Northridge

0.8%

08/12/2015

Property

8.05

NMS at Warner Center

0.5%

08/12/2015

06/23/2015

Property

8.06

NMS at Superior

0.2%

08/12/2015

Loan

Glenridge Medical Center I

4.1%

Occupancy Reserve (Monthly: Springing); Rent Abatement Reserve (Upfront: 7,001,000); Outstanding TI Reserve (Upfront: 3,264,965); Construction Management Reserve (Upfront: 120,000); Debt Service Reserve (Upfront: 286,047)

07/06/2015

07/02/2015

Acquisition/Refinance

Loan

EIP Multistate Industrial Portfolio

3.7%

Concessions Reserve (Upfront: 99,200)

Acquisition

Property

10.01

Neapco Components

1.4%

10/14/2015

Property

10.02

Janesville Acoustics

1.3%

11/12/2015

10/14/2015

Property

10.03

Heat Transfer Products Group

0.9%

10/14/2015

Loan

AMC Theatres Denver

3.3%

10/01/2015

09/29/2015

Refinance

Loan

Securlock Storage Portfolio

3.2%

Refinance

Property

12.01

Securlock Allen

1.0%

10/05/2015

Property

12.02

Securlock Plano

0.9%

10/05/2015

Property

12.03

Securlock Fort Worth

0.7%

10/06/2015

10/05/2015

Property

12.04

Securlock Coppell

0.6%

10/06/2015

10/05/2015

Loan

DoubleTree - Wichita Airport (29)

3.2%

Ground Rent Reserve (Upfront: 44,941; Monthly: 14,856); Existing PIP Reserve (Upfront: 1,750,000); RevPar Payment Reserve (Springing: 250,000)

10/19/2015

Acquisition

Loan

Tennant Station

3.1%

07/27/2015

07/24/2015

Refinance

Loan

The Village at Crown Park

2.8%

08/06/2015

08/04/2015

Recapitalization

Loan

Grand Canyon Parkway

2.6%

REA Reserve (Upfront: 2,500)

09/29/2015

06/05/2015

Refinance

Loan

The Shops at Metropolis

2.4%

Association Assessment Reserve (Upfront: 3,469, Monthly: Springing)

11/06/2015

12/02/2015

Acquisition

Loan

Charleston Industrial Portfolio

2.3%

Refinance

Property

18.01

Aviation Center

1.3%

08/18/2015

08/14/2015

Property

18.02

Hanahan Industrial Building

1.0%

12/02/2015

08/14/2015

Loan

Eastland Plaza

2.1%

Food 4 Less Replacement Reserve (Upfront: 1,551,550); Food 4 Less Rollover Reserve (Monthly: Springing); Earnout Reserve (750,000)

11/05/2015

10/28/2015

Refinance

Loan

Securlock Storage Portfolio II

2.0%

Refinance

Property

20.01

Securlock - Bedford

0.7%

10/05/2015

10/06/2015

Property

20.02

Securlock - Hurst

0.7%

10/06/2015

Property

20.03

Securlock - Vista Ridge

0.6%

10/06/2015

10/05/2015

Loan

21.00

Pacific Concourse Office Building

1.6%

National University TI Allowance Reserve (Upfront: 700,000; Monthly: Springing)

10/12/2015

10/09/2015

Refinance

Loan

Gables at Westlake Apartments

1.6%

09/21/2015

09/15/2015

Refinance

Loan

Turton Apartments

1.5%

Refinance

Property

23.01

Richmond I Apartments

0.5%

07/31/2015

Property

23.02

Richmond II Apartments

0.4%

07/31/2015

Property

23.03

Madison Place Apartments

0.2%

07/31/2015

Property

23.04

St. Charles Apartments

0.2%

07/31/2015

Property

23.05

St. James Apartments

0.1%

07/31/2015

07/29/2015

Property

23.06

Cambridge Apartments

0.1%

08/19/2015

07/27/2015

Loan

Holiday Inn Express Tempe

1.3%

PIP Reserve (Upfront: 1,965,091; Monthly: Springing); Seasonality Reserve (Upfront: 225,000; Monthly: Springing)

08/24/2015

06/10/2015

Acquisition

Loan

Sunny Delight Beverages (29)

1.3%

12/11/2015

05/29/2015

Acquisition

Loan

The Hawthorne (29)

1.2%

11/17/2015

Refinance

Loan

Regency Square

1.0%

Occupancy Reserve (Monthly: Springing); TI/LC Reserve (Upfront: 153,418)

08/13/2015

08/12/2015

Refinance

Loan

Deer Valley Four

0.9%

10/16/2015

11/14/2015

Acquisition

Loan

LA Fitness - Langham Creek

0.9%

Special Rollover Reserve (Monthly: Springing)

10/03/2015

Refinance

Loan

Beckford & Northrup Apartments

0.9%

Performance Reserve (Upfront: 400,000)

Refinance

Property

30.01

Beckford Place

0.5%

09/08/2015

09/09/2015

Property

30.02

Northrup Court

0.3%

09/08/2015

09/09/2015

Loan

Oaks at Sunset II (29)

0.8%

08/10/2015

Refinance

Loan

Los Coyotes Center

0.7%

09/01/2015

08/31/2015

Refinance

Loan

Fairfield Inn & Suites, Cordele

0.7%

PIP Holdback Reserve (Upfront: 425,000)

01/19/2015

01/14/2015

Refinance

Loan

Folsom MOB (29)

0.6%

Initial Rent Deposit (Upfront: 13,017); Initial Sutter TI Deposit (Upfront: 109,770)

09/04/2015

Recapitalization

Loan

Carmel Crossings & Starbucks

0.5%

Free Rent Reserve (Upfront: 8,483); Special Rollover Reserve (Monthly: Springing)

Acquisition

Property

35.01

Carmel Crossings

0.4%

08/26/2015

Property

35.02

Starbucks

0.1%

10/26/2015

11/05/2015

Loan

Yucaipa Self Storage

0.4%

08/13/2015

08/12/2015

Refinance

Loan

Torrey Center

0.3%

Ground Rent Reserve (Monthly: 1/12 of annual ground rent)

12/04/2015

11/02/2015

Acquisition

Loan

Woods Creek MHP

0.3%

11/23/2015

10/19/2015

Refinance

A-1-10

CFCRE 2016-C3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES


			% of
Property			Initial Pool
Flag	ID	Property Name	Balance	Sponsor (22)	Guarantor
Loan	1	Element LA (28)(29)	7.9%	Hudson Pacific Properties, L.P.	Hudson Pacific Properties, L.P.
Loan	2	123 Townsend	7.5%	John F. Swift	John F. Swift
Loan	3	Empire Mall (28)	7.1%	Simon Property Group, L.P.	Simon Property Group, L.P.
Loan	4	215 West 34th Street & 218 West 35th Street (28)	5.7%	Jack Dushey	Jack Dushey
Loan	5	AG Life Time Fitness Portfolio (28)(29)	5.7%	AG Net lease III Corp.; AG Net Lease III (SO) Corp.	AG Net lease III Corp.; AG Net Lease III (SO) Corp.
Property	5.01	Florham Park	0.8%
Property	5.02	Westwood	0.8%
Property	5.03	Vernon Hills	0.7%
Property	5.04	Lakeville	0.6%
Property	5.05	Sterling	0.5%
Property	5.06	Vestavia Hills	0.5%
Property	5.07	Beachwood	0.5%
Property	5.08	Dublin	0.4%
Property	5.09	Ellisville	0.4%
Property	5.10	Woodstock	0.4%
Loan	6	One Commerce Plaza (28)	5.7%	Leah Weiss; The LW Trust	Leah Weiss; The LW Trust
Loan	7	Springfield Mall (28)	4.6%	PREIT Associates, L.P.; Simon Property Group, L.P.	PREIT Associates, L.P.; Simon Property Group, L.P.
Loan	8	NMS Los Angeles Multifamily Portfolio (28)	4.3%	Naum Neil Shekhter; Margot V. Shekhter	Naum Neil Shekhter; Margot V. Shekhter
Property	8.01	Luxe at 1548	1.0%
Property	8.02	Luxe at 1539	0.9%
Property	8.03	Luxe at 1759	0.8%
Property	8.04	NMS at Northridge	0.8%
Property	8.05	NMS at Warner Center	0.5%
Property	8.06	NMS at Superior	0.2%
Loan	9	Glenridge Medical Center I	4.1%	Scott C. Honan; Lea Richmond III	Scott C. Honan; Lea Richmond III
Loan	10	EIP Multistate Industrial Portfolio	3.7%	Bruce Levine; Lewis Heafitz; Donald A. Levine	Bruce Levine; Lewis Heafitz; Donald A. Levine
Property	10.01	Neapco Components	1.4%
Property	10.02	Janesville Acoustics	1.3%
Property	10.03	Heat Transfer Products Group	0.9%
Loan	11	AMC Theatres Denver	3.3%	Hugh M. Boss; James S. Taylor; Mark A. Dunn	Hugh M. Boss; James S. Taylor; Mark A. Dunn
Loan	12	Securlock Storage Portfolio	3.2%	Steven Houghton	Steven Houghton
Property	12.01	Securlock Allen	1.0%
Property	12.02	Securlock Plano	0.9%
Property	12.03	Securlock Fort Worth	0.7%
Property	12.04	Securlock Coppell	0.6%
Loan	13	DoubleTree - Wichita Airport (29)	3.2%	Tae Woo Park	Tae Woo Park
Loan	14	Tennant Station	3.1%	Michael T. LaBarbera; Robert B. Facchino, II	Michael T. LaBarbera; Robert B. Facchino, II
Loan	15	The Village at Crown Park	2.8%	Wilks Property & Development, LLC	Wilks Property & Development, LLC
Loan	16	Grand Canyon Parkway	2.6%	Triple Five Investment Ltd.	Triple Five Investment Ltd.
Loan	17	The Shops at Metropolis	2.4%	Paragon Real Estate Fund, LLC	Paragon Real Estate Fund, LLC
Loan	18	Charleston Industrial Portfolio	2.3%	Henry M. Hay, III	Henry M. Hay, III
Property	18.01	Aviation Center	1.3%
Property	18.02	Hanahan Industrial Building	1.0%
Loan	19	Eastland Plaza	2.1%	Henry J. Barkett	Henry J. Barkett
Loan	20	Securlock Storage Portfolio II	2.0%	Steven Houghton	Steven Houghton
Property	20.01	Securlock - Bedford	0.7%
Property	20.02	Securlock - Hurst	0.7%
Property	20.03	Securlock - Vista Ridge	0.6%
Loan	21.00	Pacific Concourse Office Building	1.6%	Michael C. Niven	Michael C. Niven
Loan	22	Gables at Westlake Apartments	1.6%	BWL Investments, L.L.C.	BWL Investments, L.L.C.
Loan	23	Turton Apartments	1.5%	Norma Ellen Turton Dent; William M. Turton; C. Shearer Turton	Norma Ellen Turton Dent; William M. Turton; C. Shearer Turton
Property	23.01	Richmond I Apartments	0.5%
Property	23.02	Richmond II Apartments	0.4%
Property	23.03	Madison Place Apartments	0.2%
Property	23.04	St. Charles Apartments	0.2%
Property	23.05	St. James Apartments	0.1%
Property	23.06	Cambridge Apartments	0.1%
Loan	24	Holiday Inn Express Tempe	1.3%	Andrew M. Kaplan	Andrew M. Kaplan; Andrew M. Kaplan as Trustee of the Andrew Mac Kaplan Trust
Loan	25	Sunny Delight Beverages (29)	1.3%	AG Net Lease II Corp.	AG Net Lease II Corp.
Loan	26	The Hawthorne (29)	1.2%	Lauren Noecker; Spencer Noecker	Lauren Noecker; Spencer Noecker
Loan	27	Regency Square	1.0%	Joseph R. Vellutini; Jeffrey D. Boyd; Charles Todd Endres	Joseph R. Vellutini; Jeffrey D. Boyd; Charles Todd Endres
Loan	28	Deer Valley Four	0.9%	Carl J. Greenwood; James F. McKenzie	Carl J. Greenwood; James F. McKenzie
Loan	29	LA Fitness - Langham Creek	0.9%	Carl J. Greenwood; James F. McKenzie	Carl J. Greenwood; James F. McKenzie
Loan	30	Beckford & Northrup Apartments	0.9%	Michael E. Gibbons	Michael E. Gibbons
Property	30.01	Beckford Place	0.5%
Property	30.02	Northrup Court	0.3%
Loan	31	Oaks at Sunset II (29)	0.8%	Daniel Gamache	Daniel Gamache
Loan	32	Los Coyotes Center	0.7%	Nathaniel Williams; Rodney Freeman	Nathaniel Williams; Rodney Freeman
Loan	33	Fairfield Inn & Suites, Cordele	0.7%	Dilipkumar R. Patel; Hiteshbhai Patel	Dilipkumar R. Patel; Hiteshbhai Patel
Loan	34	Folsom MOB (29)	0.6%	Jeffrey Damavandi	Jeffrey Damavandi
Loan	35	Carmel Crossings & Starbucks	0.5%	Kenneth C. Kim; Kirstin I. Kim; Kenneth C. Kim, as Trustee of the Kim Living Trust Date 08/08/08; Kirstin I. Kim, as Trustee of the Kim Living Trust Date 08/08/08	Kenneth C. Kim; Kirstin I. Kim; Kenneth C. Kim, as Trustee of the Kim Living Trust Date 08/08/08; Kirstin I. Kim, as Trustee of the Kim Living Trust Date 08/08/08
Property	35.01	Carmel Crossings	0.4%
Property	35.02	Starbucks	0.1%
Loan	36	Yucaipa Self Storage	0.4%	Arthor Scott Flaming; Arthur Scott Flaming, as Trustee of the Flaming Family Trust	Arthor Scott Flaming; Arthur Scott Flaming, as Trustee of the Flaming Family Trust
Loan	37	Torrey Center	0.3%	Matthew J. Root	Matthew J. Root
Loan	38	Woods Creek MHP	0.3%	Linda I. Clayton	Linda I. Clayton

A-1-11

CFCRE 2016-C3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

% of

Existing

Future Debt

Property

Initial Pool

Additional Debt

Permitted

Flag

Property Name

Balance

Previous Securitization

Amount

Existing Additional Debt Description

Type

Loan

Element LA (28)(29)

7.9%

112,500,000

Pari Passu Debt

Mezzanine; Preferred Equity Investment

Loan

123 Townsend

7.5%

CD 2005-C1

None

NAP

Loan

Empire Mall (28)

7.1%

BACM 2006-6

140,000,000

Pari Passu Debt

NAP

Loan

215 West 34th Street & 218 West 35th Street (28)

5.7%

90,000,000

Pari Passu Debt

NAP

Loan

AG Life Time Fitness Portfolio (28)(29)

5.7%

134,300,000

Pari Passu Debt

Mezzanine

Property

5.01

Florham Park

0.8%

Property

5.02

Westwood

0.8%

Property

5.03

Vernon Hills

0.7%

Property

5.04

Lakeville

0.6%

Property

5.05

Sterling

0.5%

Property

5.06

Vestavia Hills

0.5%

Property

5.07

Beachwood

0.5%

Property

5.08

Dublin

0.4%

Property

5.09

Ellisville

0.4%

Property

5.10

Woodstock

0.4%

Loan

One Commerce Plaza (28)

5.7%

CSCM 2007-C5

33,000,000

Pari Passu Debt

NAP

Loan

Springfield Mall (28)

4.6%

32,377,972

Pari Passu Debt

NAP

Loan

NMS Los Angeles Multifamily Portfolio (28)

4.3%

Various

90,000,000

Pari Passu Debt

NAP

Property

8.01

Luxe at 1548

1.0%

Property

8.02

Luxe at 1539

0.9%

FREMF 2010-K9

Property

8.03

Luxe at 1759

0.8%

FREMF 2011-K11

Property

8.04

NMS at Northridge

0.8%

FREMF 2012-K709

Property

8.05

NMS at Warner Center

0.5%

COMM 2007-C9

Property

8.06

NMS at Superior

0.2%

Loan

Glenridge Medical Center I

4.1%

None

NAP

Loan

EIP Multistate Industrial Portfolio

3.7%

None

NAP

Property

10.01

Neapco Components

1.4%

Property

10.02

Janesville Acoustics

1.3%

Property

10.03

Heat Transfer Products Group

0.9%

Loan

AMC Theatres Denver

3.3%

WBCMT 2006-C23

None

NAP

Loan

Securlock Storage Portfolio

3.2%

GSMS 2007-GG10

None

NAP

Property

12.01

Securlock Allen

1.0%

GSMS 2007-GG10

Property

12.02

Securlock Plano

0.9%

GSMS 2007-GG10

Property

12.03

Securlock Fort Worth

0.7%

GSMS 2007-GG10

Property

12.04

Securlock Coppell

0.6%

GSMS 2007-GG10

Loan

DoubleTree - Wichita Airport (29)

3.2%

None

Mezzanine

Loan

Tennant Station

3.1%

BSCMS 2005-PW10

None

NAP

Loan

The Village at Crown Park

2.8%

None

NAP

Loan

Grand Canyon Parkway

2.6%

JPMCC 2005-LDP4

None

NAP

Loan

The Shops at Metropolis

2.4%

None

NAP

Loan

Charleston Industrial Portfolio

2.3%

None

NAP

Property

18.01

Aviation Center

1.3%

Property

18.02

Hanahan Industrial Building

1.0%

Loan

Eastland Plaza

2.1%

CD 2007-CD4

None

NAP

Loan

Securlock Storage Portfolio II

2.0%

Various

None

NAP

Property

20.01

Securlock - Bedford

0.7%

COMM 2006-C8

Property

20.02

Securlock - Hurst

0.7%

GSMS 2007-GG10

Property

20.03

Securlock - Vista Ridge

0.6%

BACM 2006-3

Loan

21.00

Pacific Concourse Office Building

1.6%

MSC 2006-T21

None

NAP

Loan

Gables at Westlake Apartments

1.6%

None

NAP

Loan

Turton Apartments

1.5%

Various

None

NAP

Property

23.01

Richmond I Apartments

0.5%

Property

23.02

Richmond II Apartments

0.4%

Property

23.03

Madison Place Apartments

0.2%

FN 2011 MEGA

Property

23.04

St. Charles Apartments

0.2%

DLJCM 1998-CF2

Property

23.05

St. James Apartments

0.1%

DLJCM 1998-CF2

Property

23.06

Cambridge Apartments

0.1%

SBM7 1999-C1

Loan

Holiday Inn Express Tempe

1.3%

None

NAP

Loan

Sunny Delight Beverages (29)

1.3%

None

Mezzanine

Loan

The Hawthorne (29)

1.2%

None

Mezzanine

Loan

Regency Square

1.0%

GMACC 2006-C1

None

NAP

Loan

Deer Valley Four

0.9%

CSMC 2007-C1

None

NAP

Loan

LA Fitness - Langham Creek

0.9%

BSCMS 2007-T28

None

NAP

Loan

Beckford & Northrup Apartments

0.9%

Various

None

NAP

Property

30.01

Beckford Place

0.5%

MLFT 2006-1

Property

30.02

Northrup Court

0.3%

WBCMT 2005-C16

Loan

Oaks at Sunset II (29)

0.8%

None

Mezzanine

Loan

Los Coyotes Center

0.7%

COMM 2006- C7

None

NAP

Loan

Fairfield Inn & Suites, Cordele

0.7%

None

NAP

Loan

Folsom MOB (29)

0.6%

None

Mezzanine

Loan

Carmel Crossings & Starbucks

0.5%

None

NAP

Property

35.01

Carmel Crossings

0.4%

Property

35.02

Starbucks

0.1%

Loan

Yucaipa Self Storage

0.4%

GECMC 2006-C1

None

NAP

Loan

Torrey Center

0.3%

None

NAP

Loan

Woods Creek MHP

0.3%

None

NAP

A-1-12

CFCRE 2016-C3

FOOTNOTES TO ANNEX A-1

(1)	CCRE—Cantor Commercial Real Estate Lending, L.P.; SG—Société Générale; LIG —Liberty Island Group I LLC

(2)	Loan No. 1 – Element LA – The Original Balance and Cut-off Date Balance of $55.5 million represents the controlling Note A-1A of a $168.0 million whole loan evidenced by four pari passu notes. The related pari passu companion loans have an aggregate original principal balance of $112.5 million and are evidenced by three non-controlling notes (Note A-1B, Note A-2A, Note A-2B). Note A-1B is held by CCRE. Note A-2A was contributed to the GSMS 2015-GS1 securitized trust. Note A-2B is held by GSMC.

	Loan No. 3 – Empire Mall – The Original Balance and Cut-off Date Balance of $50.0 million represent the non-controlling Note A-3 and Note A-5 of a $190.0 million whole loan evidenced by five pari passu notes. The related pari passu companion loans have an aggregate original principal balance of $140.0 million and are evidenced by one controlling note (Note A-1) and two non-controlling notes (Note A-2, Note A-4). Note A-2 was contributed to the WFCM 2015-P2 securitized trust. Note A-1 and Note A-4 are held by SG.

	Loan No. 4 – 215 West 34th Street & 218 West 35th Street – The Original Balance and Cut-Off Date Balance of $40.0 million represents the non-controlling Note A-2 of a $130.0 million whole loan evidenced by three pari passu notes. The related pari passu companion loans have an aggregate original principal balance of $90.0 million and are evidenced by one controlling note (Note A-1) and one non-controlling note (Note A-3). Note A-1 and Note A-3 are held by CCRE.

	Loan No. 5 – AG Life Time Fitness Portfolio – The Original Balance and Cut-off Date Balance of $40.0 million represents the non-controlling Note A-2 of a $174.3 million whole loan evidenced by four pari passu notes. The related pari passu companion loans have an aggregate original principal balance of $134.3 million and are evidenced by one controlling note (Note A-1) and two non-controlling notes (Note A-3, Note A-4). Note A-1, Note A-3 and Note A-4 are held by CCRE.

	Loan No. 6 – One Commerce Plaza – The Original Balance and Cut-Off Date Balance of $40.0 million represents the controlling Note A-1 of a $73.0 million whole loan evidenced by two pari passu notes. The related pari passu companion loan has an original principal balance of $33.0 million and is evidenced by one non-controlling note (Note A-2). Note A-2 is held by CCRE.

	Loan No. 7 – Springfield Mall – The Original Balance and Cut-Off Date Balance of approximately $32.5 million and approximately $32.4 million, respectively, represents the non-controlling Note A-2 of a $64.8 million whole loan evidenced by two pari passu notes. The related pari passu companion loan has Original Balance and Cut-Off Date Balance of approximately $32.5 million and approximately $32.4 million, respectively, and is evidenced by the controlling note (Note A-1). Note A-1 was contributed to the COMM 2015-LC23 securitized trust.

	Loan No. 8 – NMS Los Angeles Multifamily Portfolio – The Original Balance and Cut-off Date Balance of $30.0 million represents the non-controlling Note A-2 of a $120.0 million whole loan evidenced by three pari passu notes. The related pari passu companion loans have an aggregate original principal balance of $90.0 million and are evidenced by one controlling note (Note A-1) and one non-controlling note (Note A-3). Note A-1 was contributed to the COMM 2015-CCRE27 securitized trust. Note A-3 is held by CCRE.

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

(4)	Loan No. 4 – 215 West 34th Street & 218 West 35th Street – The borrower owns a fee simple interest in (i) approximately 78,287 sq. ft. of retail space and (ii) a leased fee interest in the land and improvements consisting of a 222,000 sq. ft. hotel, subject to a 68-year lease on the improvements with a tenant (an affiliate of the borrower) who operates a recently developed 350-key Renaissance by Marriott hotel.

(5)	The Administrative Fee Rate includes the respective per annum rates applicable to the calculation of the servicing fee, any sub-servicing fee, trustee/certificate administrator fee, asset representations reviewer fee, operating advisor fee and CREFC® license fee with respect to each Mortgage Loan. For purposes of this Annex A-1, the definition of Administrative Fee Rate as it relates to any Non-Serviced Mortgage Loan includes the related Pari Passu Loan Primary Servicing Fee Rate which includes the “primary servicing fee rate” (as defined or set forth in the applicable pooling and servicing agreement) and any other related servicing fee rate (other than those payable to the applicable special servicer) applicable to such Non-Serviced Mortgage Loan that constitutes a portion of the “servicing fee rate” applicable to the other master servicer under the applicable other pooling and servicing agreement.

(6)	Annual Debt Service, Monthly Debt Service, Underwritten NOI DSCR and Underwritten NCF DSCR for Mortgage Loans (i) with partial interest only periods are shown based on the monthly debt service payment immediately following the expiration of the interest only period and (ii) that are interest only until the related maturity date are shown based on the interest only

A-1-13

	payments during the 12-month period following the Cut-off Date (or, in the case of Monthly Debt Service, the average of such interest only payments).

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

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

(9)	Loan No. 1 – Element LA – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate.

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

	Loan No. 4 – 215 West 34th Street & 218 West 35th Street – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate.

	Loan No. 5 – AG Life Time Fitness Portfolio – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate.

	Loan No. 6 – One Commerce Plaza – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate.

	Loan No. 7 – Springfield Mall – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate.

	Loan No. 8 – NMS Los Angeles Multifamily Portfolio – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate.

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

	Loan No. 1 – Element LA – The late payment fee will be waived if any principal, interest or any other sum due under the loan documents (other than the outstanding principal balance due and payable on the Maturity Date) is paid within two business days following the date on which it is due.

(11)	Loan No. 8 – NMS Los Angeles Multifamily Portfolio – Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value with respect to the loan is based on the value of $174.3 million, which assumes the “As Portfolio” value.

A-1-14

	Loan No. 9 – Glenridge Medical Center I – Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value with respect to the loan is based on a value of $42.7 million, which assumes the “As Complete” value as of January 1, 2017. The Cut-off Date LTV Ratio based on the $37.8 million “As Is” value is 76.5%.

	Loan No. 11 – AMC Theatres Denver – Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value with respect to the loan is based on a value of $39.3 million, which assumes the “As Complete” value as of September 24, 2015. The Cut-off Date LTV Ratio based on the $34.8 million “As Is” value is 67.5%.

	Loan No. 23 – Turton Apartments - Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value with respect to the loan is based on the value of $14.8 million, which assumes the “As Portfolio” value.

	Loan No. 24 – Holiday Inn Express Tempe – Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value with respect to the loan is based on a value of $13.9 million which assumes the “As Complete” value as of September 1, 2017. The Cut-off Date LTV Ratio based on the $11.1 million “As Is” value is 81.6%.

	Loan No. 35 – Carmel Crossings & Starbucks – Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value are based on the “As Stabilized” value of the Carmel Crossing Mortgaged Property as of November 1, 2016 and the Starbucks Mortgaged Property’s “As Is” value as of October 23, 2015. The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD based on the aggregate “As Is” value of $6.3 million for both mortgaged properties is 60.9%.

(12)	Loan No. 3 – Empire Mall – The collateral for the Empire Mall Mortgage Loan consists of the borrower’s fee simple (920,412 sq. ft.) and leasehold (212,039 sq. ft.) interests in the Empire Mall Mortgaged Property.

	Loan No. 4 – 215 West 34th Street & 218 West 35th Street – The collateral for the 215 West 34th Street & 218 West 35th Street Mortgage Loan consists of (i) the fee simple interest in approximately 78,287 sq. ft. of retail space and (ii) a leased fee interest in the land and improvements consisting of a 222,000 sq. ft. hotel, subject to a 68-year lease on the improvements with a tenant (an affiliate of the borrower) who operates a recently developed 350-key Renaissance by Marriott hotel

	Loan No. 13 – DoubleTree – Wichita Airport – The collateral for the DoubleTree – Wichita Airport Mortgage Loan consists of the leasehold interest in the DoubleTree – Wichita Airport Mortgaged Property.

	Loan No. 37 – Torrey Center — The collateral for The Torrey Center Mortgage Loan consists of the leasehold interest in The Torrey Center Mortgaged Property.

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

	“L(x)” means lock-out for x payments.

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

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

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

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

(14)	Loan No. 1 – Element LA – The lockout period for yield maintenance will be 3 payment dates on any business day beginning 3 months after the first payment date of December 6, 2015. Yield maintenance of the full $168.0 million Element LA Whole Loan is permitted after April 5, 2016.

	Loan No. 3 – Empire Mall - The lockout period will be at least 25 payment dates beginning with and including the first payment date of January 1, 2016. Defeasance of the full $190.0 million Empire Mall Whole Loan is permitted after the earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu note to be securitized and (ii) November 24, 2018. The assumed lockout period of 25 months is based on the expected CFCRE 2016-C3 securitization closing date in January 2016. The actual lockout period may be longer.

	Loan No. 4 – 215 West 34th Street & 218 West 35th Street – The lockout period for defeasance will be at least 24 payment dates beginning with and including the first payment date of January 6, 2016. Prepayment of the full $130.0 million 215 West 34th Street & 218 West 35th Street Whole Loan is permitted after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu note to be securitized, and (ii) February 6, 2019. The assumed lockout period of 24 payments is based on the expected CFCRE 2016-C3 securitization closing date in January 2016. The actual lockout period may be longer.

A-1-15

	Loan No. 5 – AG Life Time Fitness Portfolio – The lockout period for yield maintenance will be at least 25 payment dates beginning with and including the first payment date of January 6, 2016. Yield maintenance of the full $174.3 million AG Life Time Fitness Portfolio Whole Loan is permitted after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu note to be securitized and (ii) January 6, 2019. The assumed lockout period of 25 payments is based on the expected CFCRE 2016-C3 securitization closing date in January 2016. The actual lockout period may be longer.

	Loan No. 6 – One Commerce Plaza – The lockout period for defeasance will be at least 24 payment dates beginning with and including the first payment date of February 6, 2016. Prepayment of the full $73.0 million One Commerce Plaza Loan Combination is permitted on or after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu note to be securitized, and (ii) February 6, 2026. The assumed lockout period of 24 payments is based on the expected CFCRE 2016-C3 securitization closing date in January 2016. The actual lockout period may be longer.

(15)	Loan No. 5 – AG Life Time Fitness Portfolio – The AG Life Time Fitness Portfolio Loan permits the borrower at any time after the expiration of the lockout period to obtain the release of up to five individual properties upon a bona fide third-party sale or in connection with the termination of a tenant lease due to a casualty and condemnation provided, among other things, (i) no event of default has occurred and is continuing, (ii) the DSCR for the remaining properties is not less than the greater of(1) the DSCR immediately preceding the partial release and (2) 2.10x, (iv) the EBITDAR to rent ratio is equal to or greater than the EBITDAR to rent ratio immediately preceding the release and (v) (a) in connection with a partial release upon a bona fide third-party sale, (x) payment of the release price and (y) payment of the yield maintenance premium, if applicable and (b) in connection with the termination of a tenant lease in connection with a casualty or condemnation, payment of the casualty/condemnation release amount.

	Loan No. 8 – NMS Los Angeles Multifamily Portfolio – The NMS Los Angeles Multifamily Portfolio Loan allows, on any date after the expiration of the lockout period and prior to the open period, for the borrower to obtain the release of an individual property upon a bona fide third-party sale provided, among other things, (i) no event of default has occurred and is continuing, (ii) the borrower partially defeases in an amount equal to the greater of (a) 125% of the allocated loan amount with respect to such individual property and (b) 100% of the net sales proceeds with respect to such individual property, (iii) the combined LTV of the remaining properties is less than or equal to the lesser of (a) 68.8% or (b) the LTV immediately prior to the release, (iv) the combined DSCR of the remaining properties equals or exceeds the greater of (a) 1.20x or (b) the DSCR immediately prior to the release, (v) the combined debt yield of the remaining properties equals or exceeds the greater of (a) 6.0% or (b) the debt yield immediately prior to the release and (vi) in connection with the release of the Luxe at 1548 or Luxe at 1539 Mortgaged Properties, the borrower releases two of the following properties: (a) the Luxe at 1759, (b) the NMS at Warner Center or (c) the NMS at Northridge before releasing any Santa Monica properties.

	Loan No. 9 – Glenridge Medical Center I – The Glenridge Medical Center I Loan permits the borrower at any time after the permitted release date to obtain the release of a 1.94 acre parcel of land (the “Release Parcel”) which includes a portion of the parking area at the property upon, among other conditions, (i) the payment of $940,722 per acre together with the applicable yield maintenance premium; (ii) payment by the borrower of all reasonable costs incurred by the lender; and (iii) the borrower provides not less than 30 days nor more than ninety days written notice.

	Loan No. 11 – AMC Theatres Denver – On December 30, 2015, the borrower requested and the loan seller consented to the release of a 6.05 acre non-income producing portion of the collateral, which parcel was not included in the appraised value and was not included in the loan underwriting. The free release was subject to and satisfied the conditions set forth in the loan agreement.

	Loan No. 12 - Securlock Storage Portfolio - At any time during the defeasance option period of Securlock Storage Portfolio Loan, the borrower may obtain, in one transaction as to the release of two individual properties or in two separate transactions, each as to the release of one individual property, the release of up to a cumulative total of two of the individual properties provided the borrower pays an amount equal to the greatest of (i) 120% of the allocated loan amount with respect to the released property, (ii) an amount which would result in a DSCR equal to at least 1.25x for the remaining properties and (iii) the amount which would result in an LTV no greater than 70% for the remaining properties, provided, among other things, (i) borrower gives no less than sixty days prior notice, (ii) no event of default exists and (iii) the borrower pays (a) all unpaid interest accrued, (b) all accrued and unpaid other sums due under the loan and (c) all other fees and expenses incurred by lender in connection with partial release. The borrower may also obtain, at any time, the release of the Fort Worth excess parcel if certain conditions in the Mortgage Loan documents have been satisfied.

	Loan No. 20 - Securlock Storage Portfolio II – At any time during the defeasance option period of Securlock Storage Portfolio II Loan, the borrower may obtain, in one transaction as to the release of two individual properties or in two separate transactions, each as to the release of one individual property, the release of up to a cumulative total of two of the individual properties provided the borrower shall pay an amount equal to the greatest of (i) 120% of the allocated loan amount with respect to the released property, (ii) an amount which would result in a DSCR equal to at least 1.25x for the remaining properties and (iii) the amount which would result in an LTV no greater than 70% for the remaining properties, provided, among other things, (i) borrower gives no less than sixty days prior notice, (ii) no event of default exists and (iii) the borrower pays (a) all unpaid interest accrued, (b) all accrued and unpaid other sums due under the loan and (c) all other fees and expenses incurred by lender in connection with partial release.

A-1-16

	Loan No. 23 – Turton Apartments – The Turton Apartments Loan allows at any time after the permitted release date and prior to the open prepayment date the borrower to release the Cambridge, Madison Place, St. Charles and/or St. James Apartments (but not the Richmond I or Richmond II Apartments) in connection with a third-party, arms-length sale subject to the following conditions, among others, (i) no event of default has occurred and is continuing, (ii) the payment of a release price equal to the greater of (a) 100% of net sale proceeds and (b) 115% of the allocated loan amount, in each case together with the applicable yield maintenance premium and (ii) after giving effect to the partial release (a) the underwritten debt yield is not be less than the greater of (x) the underwritten debt yield as of the closing date and (y) the underwritten debt yield immediately preceding the partial release; (b) the loan-to-value ratio does not exceed 70.0%.

	Loan No. 35 – Carmel Crossings & Starbucks – The Carmel Crossings & Starbucks Loan, on any payment date after the permitted release date, the borrower to obtain the release of any property upon a bona fide third-party sale provided, among other things, (i) no event of default has occurred and is continuing, (ii) the borrower partially defeases in an amount equal to the greater of (a) 125% of the allocated loan amount with respect to such individual property and (b) 100% of the net sales proceeds with respect to such individual property, and (iii) the combined debt service coverage ratio of the remaining properties equals or exceeds the greater of (a) the debt service coverage ratio on the origination date or (b) the debt service coverage ratio immediately prior to the release.

	Loan No. 19 – Eastland Plaza – The Eastland Plaza Loan was structured with an earnout reserve of $750,000. The borrower may obtain the release of the earnout reserve funds provided that on the date of the borrower’s written request to release the funds and the date of the disbursement, (i) the debt yield is equal to or greater than 12% and (ii) upon receipt of the following: (a) satisfactory evidence that the solar panels required by the Food 4 Less lease have been completed as required under the lease and that the tenant considers the third amendment to build and lease agreement between borrower and Food 4 Less to be in full force, or (b) if the solar panels are not completed in a timely manner as required under the Food 4 Less lease or the deadline is otherwise missed, among other things.

	Loan No. 30 - Beckford & Northrup Apartments - The Beckford & Northrup Apartments Loan was structured with a performance reserve of $400,000. The borrower may obtain the release of the performance reserve funds provided that on the date of the borrower’s written request to release the funds and the date of the disbursement the debt yield is equal to or greater than 10%. Any funds remaining in the performance reserve as of January 1, 2018, may, at the lender’s sole discretion, be applied by the lender to the debt, which application will constitute a prepayment subject to payment by borrower of the prepayment premium.

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

	Loan No. 3 – Empire Mall – The Empire Mall Mortgaged Property is subject to a ground lease with an expiration date of September 30, 2033 and no extension options. The current annual ground rent is $63,082.43.

	Loan No. 13 – DoubleTree - Wichita Airport – The DoubleTree – Wichita Airport Mortgaged Property is subject to a ground lease with an expiration date of November 30, 2045 and one, five year extension option and one, seven year extension option. The current ground rent is $36,550.05. Ground rent increases by $0.005 per square foot on June 1, 2015 and increases every five years through 2030, ending May 31, 2030 with an annual rent of $42,439. Beginning June 1, 2030, minimum annual rent increases in the years 2030 ($111,293), 2033 ($116,836), 2038 ($122,656), 2043 ($128,787), 2048 ($135,222), and 2053 ($141,999).

	Loan No. 37 – Torrey Center – The Torrey Center Mortgaged Property is subject to a ground lease with an expiration of December 28, 2076 and no extension options. The current annual ground rent is $58,544.

(17)	Loan No. 4 – 215 West 34th Street & 218 West 35th Street - The Largest Tenant, 34th Hotel Ventures LLC, which is an affiliate of the borrower, leases approximately 73.9% of the net rentable area at the Mortgaged Property under a 68-year space lease.

	Loan No. 9 – Glenridge Medical Center I - The 2nd largest tenant, GA Urology, the 5th largest tenant, Honan Property Management and two smaller tenants, are affiliates of the borrower and collectively lease approximately 32.4% of the net rentable area at the Mortgaged Property.

	Loan No. 18 – Charleston Industrial Portfolio – Hanahan Industrial Building – The 4th largest tenant, Muhler, is an affiliate of the borrower and leases 9.3% of the net rentable area at the Mortgaged Property.

(18)	The lease expiration dates shown are based on full lease terms. However, in certain cases, a tenant may have the option to terminate its lease or abate rent prior to the stated lease expiration date for no reason after a specified period of time and/or upon notice to the landlord or upon the occurrence of certain contingencies including, without limitation, if landlord violates the lease or fails to provide utilities or certain essential services for a specified period or allows certain restricted uses, upon interference with tenant’s use of access or parking, upon casualty or condemnation, for zoning violations, if certain anchor or key tenants (including at an adjacent property) or a certain number of tenants go dark or cease operations, if a certain percentage of the net rentable area at the property is not occupied, if the tenant fails to meet sales targets or business

A-1-17

	objectives, or, in the case of a government tenant, for lack of appropriations or other reasons. In addition, in some instances, a tenant may have the right to assign its lease and be released from its obligations under the subject lease. Furthermore, some tenants may have the option to downsize their rented space without terminating the lease completely. In addition to the foregoing, the following are early non-contingent termination options for those tenants listed in Annex A-1:

	Loan No. 1 – Element LA – The Single Tenant, Riot Games, has a one-time termination right effective March 31, 2025, provided the landlord receives 12 months’ written notice and payment of a termination fee equal to the sum of (i) $5,542,439.60, (ii) four months’ of operating expenses and taxes and (iii) any unamortized tenant allowance and brokerage commissions.

	Loan No. 3 – Empire Mall, the 3rd Largest Tenant at the Empire Mall Mortgaged Property, Macy’s (100,790 square feet), representing 9.0% of net rentable square feet, may terminate its lease at any time, upon providing 180 days’ written notice.

	Loan No. 11 – AMC Theatres Denver - If the single tenant, American Multi-Cinema, Inc. (the “AMC Tenant”) is unable to commence tenant’s remodeling work within 240 days after the lease amendment effective December 4, 2015 (the “Lease Amendment”) due to force majeure or landlord delays, then the AMC Tenant may terminate the Lease Amendment (but not the original lease) at any time after the expiration of such 240 day period (but prior to tenant commencing tenant’s remodeling work) by giving written notice to the landlord.

	Loan No. 16 – Grand Canyon Parkway – The Largest Tenant, Ferguson Enterprises, may terminate its lease six months’ prior to the expiration of any lease or renewal term so long as it gives 3 months’ prior written notice.

	Loan No. 18 – Charleston Industrial Portfolio – Aviation Center – The Largest Tenant, Honeywell Technology Solutions, may terminate the lease at any time after July 31, 2017 with 120 days’ notice if one or more contracts between Honeywell Technology Solutions and a third party are terminated by the third party. Additionally, the tenant would be required to pay all unamortized tenant improvements and leasing commissions paid by the landlord. The termination payment as of July 31, 2017 is $205,421.74.

	Loan No. 18 - Charleston Industrial Portfolio – Hanahan Industrial Building – The 3rd Largest Tenant, BCD Council of Governments, may terminate the lease at any time after the first six months of the initial term by giving 180 days written notice to the landlord.

	Loan No. 19 – Eastland Plaza – The 3rd Largest Tenant, Rainbow Women’s Retail Group LTD, may terminate its lease with 30 days written notice, if gross sales in any business year do not exceed $600,000.

	Loan No. 32 – Los Coyotes Center – The Largest Tenant, Center Stage Dance Academy, has a termination option effective with 6 months’ written notice.

	Loan No. 32 – Los Coyotes Center – The 3rd Largest Tenant, Long Beach Spine & Rehab has a termination option following the death or incapacity of tenant with written notice and payment of 1 month’s additional rent.

	Loan No. 34 – Folsom MOB – The Largest Tenant, Sutter Medical Foundation, may in the exercise of its reasonable judgment, immediately terminate the lease if required by, or to be in compliance with, applicable laws or if the lease poses immediate jeopardy to tenant’s tax-exempt status or ability to obtain tax-exempt financing. In addition, the tenant may terminate the lease if more than 50% of the building is destroyed (and such damage is required to be insured by Landlord pursuant to the Lease) and Landlord does not complete the restoration of the premises within 150 days after making an election to reconstruct or restore the premises.

	Loan No. 35 – Carmel Crossings & Starbucks – The Largest Tenant at the Carmel Crossings Mortgaged Property, CycleBar, has a one-time termination option if sales have not reached $499,994 ($155.81 PSF by 2020) upon six months’ notice with repayment of unamortized tenant improvement and brokerage commission.

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

	Loan No. 4 – 215 West 34th Street & 218 West 35th Street – The 4th Largest Tenant, Party City, subleases the entirety of its space from Duane Reade, whose lease is guaranteed by Walgreens. The lease for Duane Reade expires on October 31, 2031 with one, ten-year extension option. The sublease between Party City and Duane Reade commenced on February 1, 2012 and expires on October 31, 2021 with two, five-year extension options. Annual rent under the Duane Reade lease of $90.60 PSF was underwritten. Annual rent under the Party City sublease is approximately $94.82 PSF.

	Loan No. 19 – Eastland Plaza – The Largest Tenant, PAQ, Inc. can sublet all or a portion of its premises and assign its lease entirely or partially for a retail food store use without the landlord’s consent. If the tenant assigns or sublets its premises for a purpose other than supermarket use or divides the premises in portions, then the landlord’s consent will be required.

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

A-1-18

	Loan No. 1 – Element LA – The single tenant has 9 months of free rent / reimbursement abatements during the Element LA loan term (i.e. months 73, 85, 97, 121, 122, 133, 145, 157 and 169 of the lease term).

	Loan No. 4 – 215 West 34th Street & 218 West 35th Street – At origination, the borrower deposited $225,000 into a free rent reserve for waived rent obligations due to the 3rd Largest Tenant, Planet Fitness, which will commence paying rent on May 15, 2016.

	Loan No. 9 – Glenridge Medical Center I – The 2nd Largest Tenant, GA Urology, and the 5th Largest Tenant, Honan Property Management, are not yet in occupancy and not yet paying rent. At closing, the borrower deposited approximately $7.0 million into an occupancy reserve associated with four recently executed leases until tenants are in occupancy and paying rent. Approximately $335,000 of the reserve is earmarked for future leasing and is not allocated for a specific tenant.

	Loan No. 35 – Carmel Crossings & Starbucks – Carmel Crossings – The Largest Tenant, CycleBar, has prepaid its first month’s rent for January through February 2016.

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

	Loan No. 2 – 123 Townsend – The Largest Tenant, PayPal, Inc., signed its lease for space on April 29, 2014. The Tenant currently occupies 23,158 sq. ft. and expects to fully occupy another 22,783 sq. ft. by the 3rd quarter of 2016 and continue to build out an extra 14,640 sq. ft.

	Loan No. 4 – 215 West 34th Street & 218 West 35th Street – The Largest Tenant, 34^th Hotel Ventures LLC, is not yet in occupancy but is paying rent.

	Loan No. 6 – One Commerce Plaza – Various departments of the New York State government collectively lease approximately 75.8% of the net rentable area at the Mortgaged Property. A portion of this space, representing approximately 32.9% of the net rentable area at the Mortgaged Property is leased on a month-to-month basis to the New York State Department of Health, the New York State Office of Temporary and Disability Assistance and the New York State Department of Financial Services. The borrower has negotiated the economic terms for 10-year replacement leases for all month-to-month space with each of the related departments. A lease with the New York State Department of Health, representing approximately 22.6% of the net rentable area at the Mortgaged Property, has already been signed by the borrower and is awaiting countersignature by the New York State Comptroller. It is anticipated that final execution will occur in January 2016, and that the remaining two leases will be in substantially the same form. A reserve was established at origination, into which the borrower is obligated to make monthly deposits of an amount equal to the lesser of (i) $131,338.75, or (ii) all excess cash for the applicable interest period.

	Loan No. 9 – Glenridge Medical Center I – The 2nd Largest Tenant, GA Urology, the 5th Largest Tenant, Honan Property Management, and two smaller tenants collectively have executed leases for 35,796 sq. ft. at the Mortgaged Property and are scheduled to take occupancy in between January and September 2016. At closing, the borrower deposited approximately $7.0 million into an occupancy reserve associated with four recently executed leases until tenants are in occupancy and paying rent. Approximately $335,000 of the reserve is earmarked for future leasing and is not allocated for a specific tenant.

	Loan No. 26 – The Hawthorne – Two residential tenants have executed leases but do not take occupancy until January 2016.

(22)	Loan No. 6 – One Commerce Plaza – The borrowers, 99 Washington LLC and One Commerce Plaza LLC, are structured as tenants-in-common and are both New York limited liability companies. The sponsors of the borrowers and the non-recourse carveout guarantors are Leah Weiss and The LW Trust.

	Loan No. 7 – Springfield Mall – The borrowers, PR Springfield/Delco Limited Partnership and KS Springfield Limited Partnership, are structured as tenants-in-common and are a Pennsylvania limited partnership and a Delaware limited partnership, respectively. The sponsors of the borrowers and the non-recourse carveout guarantors are Simon Property Group, L.P. and PREIT Associates, L.P.

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

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

(25)	Loan No. 6 – One Commerce Plaza – From the First Payment Date through the 36^th Payment Date, the TI/LC Reserve monthly deposit will be $70,793, and from the 37^th Payment Date through the Maturity Date the monthly deposit will be $61,559.

A-1-19

	Loan No. 18 – Charleston Industrial Portfolio – From the First Payment Date through 24^th Payment Date, the Replacement Reserve monthly deposit will be $7,722, and from the 25^th Payment Date through the Maturity Date the monthly deposit will be $5,791.

	Loan No. 18 – Charleston Industrial Portfolio – From the First Payment Date through 24^th Payment Date, the TI/LC Reserve monthly deposit will be $16,667, and from the 25^th Payment Date through the Maturity Date the monthly deposit will be $11,277.

	Loan No. 33 - Fairfield Inn & Suites, Cordele - During the calendar year in which the closing of the loan occurred, the borrower is required to deposit $4,480 into the FF&E Reserve each month. During each succeeding calendar year, the borrower is required to deposit equal monthly installments to the FF&E Reserve an aggregate annual amount equal to 4% of the property’s gross revenue for the preceding year.

(26)	Loan No. 2 – 123 Townsend – 12 months prior to the lease expiration of the Largest Tenant, PayPal, Inc., and 6 months prior to the lease expiration of the 2nd Largest Tenant, Al Jazeera America, LLC, the borrower may have the option to post a $1,500,000 letter of credit or deposit $1,500,000 of cash into an occupancy reserve for PayPal, Inc. or post a $500,000 letter of credit or deposit $500,000 of cash into an occupancy reserve for Al Jazeera America, LLC.

(27)

	Loan No.		Mortgage Loan		Mortgage Loan Cut-off Date Balance		% of Initial Outstanding Pool Balance		Maximum Policy Amount		Premium Paid in Full
	14		Tennant Station		$22,000,000		3.1%		$5,000,000		Yes

(28)

Loan No.	Mortgage Loan	Mortgage Loan Cut-off Date Balance	Companion Loan Cut-off Date Balance	Loan Combination Cut-off Date Balance	Loan Combination U/W NCF DSCR	Loan Combination Cut-off Date LTV Ratio	Loan Combination Cut-off Date U/W NOI Debt Yield
1	Element LA	$55,500,000	$112,500,000	$168,000,000	1.78x	57.1%	8.5%
3	Empire Mall	$50,000,000	$140,000,000	$190,000,000	1.80x	54.3%	11.2%
	215 West 34th Street & 218
4	West 35th Street	$40,000,000	$90,000,000	$130,000,000	1.88x	54.2%	8.1%
5	AG Life Time Fitness Portfolio	$40,000,000	$134,300,000	$174,300,000	1.99x	57.1%	10.7%
6	One Commerce Plaza	$40,000,000	$33,000,000	$73,000,000	1.30x	72.3%	9.9%
7	SpringfieldMall	$32,377,972	$32,377,972	$64,755,944	1.78x	57.8%	11.2%
	NMS Los Angeles Multifamily
8	Portfolio	$30,000,000	$90,000,000	$120,000,000	1.31x	68 8%	6.7%

(29)	Summary of Future Mezzanine Debt

Loan No.	Mortgage Loan	Mortgage Loan Cut-off Date Balance	% of Initial Outstanding Pool Balance	Intercreditor Agreement Required	Combined Minimum DSCR	Combined Maximum LTV	Combined Debt Yield
1	Element LA	$55,500,000	7.9%	Yes	1.90x	57.1%	9.0%
5	AG Life Time Fitness Portfolio	$40,000,000	5.7%	Yes	2.30x	58.3%	11.5%
13	DoubleTree - Wichita Airport	$22,250,000	3.2%	Yes	1.65x	75.0%	NAP
25	Sunny Delight Beverages	$9,000,000	1.3%	Yes	1.85x	65.0%	11.3%
26	The Hawthorne	$8,174,000	1.2%	Yes	1.10x	85.0%	NAP
31	Oaks at Sunset II	$5,796,000	0.8%	Yes	1.30x	60.0%	8.0%
34	Folsom MOB	$4,489,247	0.6%	Yes	1.25x	75.0%	8.0%

A-1-20