FWP 1 n1007_anxa1-x3.htm FREE WRITING PROSPECTUS

 

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-207340-03
     

 

 

     
     
 

UBS Commercial Mortgage Trust 2017-C3 Disclaimer

 

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS

 

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-207340) 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 SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-877-713-1030 (8 a.m. – 5 p.m. EST).

 

Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time.

 

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

 

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 UBS Securities LLC, SG Americas Securities, LLC, KeyBanc Capital Markets Inc., Natixis Securities Americas LLC, Deutsche Bank Securities Inc. or Academy Securities, Inc., or any of their respective affiliates, make 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. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.

 

This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.

 

IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES

 

The information herein is preliminary and may be supplemented or amended prior to the time of sale. In addition, 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.

 

The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials.

 

The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.

 

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

 

Any legends, disclaimers or other notices that may appear at the bottom of any 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) any representation 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.

  
     
     

 

 

 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                          
                                   
Mortgage Loan Number Property Flag Property Name Mortgage Loan Seller(1) Mortgage Loan Originator Cross-Collateralized and Cross-Defaulted Address City County State Zip Code General Property Type Specific Property Type Number of Properties Year Built Year Renovated Number of Units(3)(8) Unit of Measure
1 Loan Ionis Pharmaceuticals - Gazelle Ct UBS AG UBS AG No 2855 Gazelle Court Carlsbad San Diego CA 92010 Mixed Use Office/R&D 1 2011 N/A 176,000 Sq. Ft.
2 Loan Del Amo Fashion Center SG BANA; SG; WFB; Barclays No 3525 West Carson Street Torrance Los Angeles CA 90503 Retail Super Regional Mall 1 1961 2017 1,769,525 Sq. Ft.
3 Loan TZA Multifamily Portfolio I SG SG No Various Various Various FL Various Multifamily Garden 14 Various Various 2,382 Units
3.01 Property Rolling Hills SG SG No 5402 Pine Chase Drive Orlando Orange FL 32808 Multifamily Garden 1 1995 2014; 2015 240 Units
3.02 Property Lakeland Manor SG SG No 929 Gilmore Avenue Lakeland Polk FL 33801 Multifamily Garden 1 1965; 1970; 1972 N/A 373 Units
3.03 Property Kings Trail SG SG No 3770 Toledo Road Jacksonville Duval FL 32217 Multifamily Garden 1 1968 N/A 320 Units
3.04 Property Bella Mar SG SG No 12406 North 15th Street Tampa Hillsborough FL 33612 Multifamily Garden 1 1972 N/A 264 Units
3.05 Property Del Rio SG SG No 5013 East Sligh Avenue Tampa Hillsborough FL 33617 Multifamily Garden 1 1982 N/A 160 Units
3.06 Property Timberfalls SG SG No 2600 East 113th Avenue Tampa Hillsborough FL 33612 Multifamily Garden 1 1972 2017 184 Units
3.07 Property Jacksonville Heights SG SG No 8050 103rd Street Jacksonville Duval FL 32210 Multifamily Garden 1 1970 N/A 173 Units
3.08 Property Lago Bello SG SG No 13533 Gragston Circle Tampa Hillsborough FL 33613 Multifamily Garden 1 1984 N/A 120 Units
3.09 Property North Washington SG SG No 1877 19th Street Sarasota Sarasota FL 34234 Multifamily Garden 1 1961 N/A 119 Units
3.10 Property Tanglewood SG SG No 2811 Ruleme Street Eustis Lake FL 32736 Multifamily Garden 1 1972 N/A 138 Units
3.11 Property Mount Dora SG SG No 3001 Northland Road Mount Dora Lake FL 32757 Multifamily Garden 1 1986 N/A 132 Units
3.12 Property Brandywyne SG SG No 418 19th Street Southeast Winter Haven Polk FL 33884 Multifamily Garden 1 1980 N/A 81 Units
3.13 Property The Landings SG SG No 102 Landings Way Winter Haven Polk FL 33880 Multifamily Garden 1 1984 2015 60 Units
3.14 Property Country Place SG SG No 3950 Country Place Winter Haven Polk FL 33880 Multifamily Garden 1 1984 N/A 18 Units
4 Loan American Cancer Society Center KeyBank KeyBank No 250 Williams Street Atlanta Fulton GA 30303 Office CBD 1 1989 2007 991,338 Sq. Ft.
5 Loan Embassy Suites - Santa Ana SG SG No 1325 East Dyer Road Santa Ana Orange CA 92705 Hospitality Full Service 1 1985 2017 301 Rooms
6 Loan 245 Park Avenue SG JPMCB; SG; Natixis; DBNY; Barclays No 245 Park Avenue New York New York NY 10167 Office CBD 1 1965 2006 1,723,993 Sq. Ft.
7 Loan OKC Outlets KeyBank KeyBank No 7624 West Reno Avenue Oklahoma City Oklahoma OK 73127 Retail Outlet Center 1 2011 2012-2013 393,793 Sq. Ft.
8 Loan Park West Village UBS AG UBS AG; Athene Annuity and Life Company; Athene Annuity & Life Assurance Company No 784, 788 & 792 Columbus Avenue New York New York NY 10025 Multifamily High Rise 1 1950, 1958, 1963 2014-2017 852 Units
9 Loan JW Marriott Chicago Natixis Natixis No 151 West Adams Street Chicago Cook IL 60603 Hospitality Full Service 1 1914 2010 610 Rooms
10 Loan Center 78 Natixis Natixis No 184 Liberty Corner Road Warren Somerset NJ 7059 Office Suburban 1 1982 2012; 2015 372,672 Sq. Ft.
11 Loan Great Valley Commerce Center KeyBank KeyBank No 2476 East Swedesford Road & 1000 Cedar Hollow Road Malvern Chester PA 19355 Office Suburban 1 1968; 1975; 1978 2010-2011 356,223 Sq. Ft.
12 Loan IC Leased Fee Hotel Portfolio Natixis Natixis No Various Various Various Various Various Other Leased Fee 7 Various 2016 2,133,134 Sq. Ft.
12.01 Property Radisson Paper Valley Natixis Natixis No 333 West College Avenue Appleton Outagamie WI 54911 Other Leased Fee 1 1982 2016 124,146 Sq. Ft.
12.02 Property City Place Downtown St. Louis Natixis Natixis No 200-228 North 4th Street St. Louis St. Louis MO 63102 Other Leased Fee 1 1965 2016 94,090 Sq. Ft.
12.03 Property Radisson Albany Natixis Natixis No 205 Wolf Road Albany Albany NY 12205 Other Leased Fee 1 1975 2016 552,776 Sq. Ft.
12.04 Property Radisson Cromwell Natixis Natixis No 100 Berlin Road Cromwell Middlesex CT 06416 Other Leased Fee 1 1968 2016 393,782 Sq. Ft.
12.05 Property Radisson Cheyenne Natixis Natixis No 204 West Fox Farm Road Cheyenne Laramie WY 82007 Other Leased Fee 1 1981 2016 307,534 Sq. Ft.
12.06 Property Radisson High Point Natixis Natixis No 135 South Main Street High Point Guilford NC 27260 Other Leased Fee 1 1983 2016 65,776 Sq. Ft.
12.07 Property Radisson Billings Natixis Natixis No 5500 Midland Road Billings Yellowstone MT 59101 Other Leased Fee 1 1972 2016 595,030 Sq. Ft.
13 Loan The District UBS AG UBS AG No 11400-11800 South Bangerter Highway South Jordan Salt Lake UT 84065 Retail Anchored 1 2006-2014 N/A 612,102 Sq. Ft.
14 Loan Younique HQ Building KeyBank KeyBank No 3400 West Mayflower Avenue Lehi Utah UT 84043 Office Suburban 1 2016 N/A 125,000 Sq. Ft.
15 Loan Azusa Center KeyBank KeyBank No 1119-1175 East Alosta Avenue Azusa Los Angeles CA 91702 Retail Anchored 1 1975 2007 71,129 Sq. Ft.
16 Loan Crowne Plaza Memphis Downtown RMF RMF No 300 North 2nd Street Memphis Shelby TN 38105 Hospitality Full Service 1 1973 2015-2016 230 Rooms
17 Loan Four Points - Charleston KeyBank KeyBank No 600 Kanawha Boulevard East Charleston Kanawha WV 25301 Hospitality Full Service 1 1966 2011-2014 176 Rooms
18 Loan Holiday Inn Downtown Raleigh UBS AG CCRE No 320 Hillsborough Street Raleigh Wake NC 27603 Hospitality Full Service 1 1969 2014 203 Rooms
19 Loan Homewood Suites Oakland Waterfront SG SG No 1103 Embarcadero Oakland Alameda CA 94606 Hospitality Extended Stay 1 2002 2016 132 Rooms
20 Loan Allen Park Industrial KeyBank KeyBank No 16630 Southfield Road & 8301 Enterprise Drive Allen Park Wayne MI 48101 Industrial Flex 1 1957; 2000 2010; 2014-2016 809,918 Sq. Ft.
21 Loan MVP Houston Portfolio KeyBank KeyBank No Various Houston Harris TX 77002 Other Various 2 Various N/A 528 Spaces
21.01 Property Preston Street Garage KeyBank KeyBank No 1311 Preston Street Houston Harris TX 77002 Other Parking Garage 1 1975 N/A 500 Spaces
21.02 Property Congress Street Parking Lot KeyBank KeyBank No 1310 Congress Street Houston Harris TX 77002 Other Parking Lot 1 1983 N/A 28 Spaces
22 Loan Canterbury Apartments UBS AG UBS AG No 1321 Ida Street Tupelo Lee MS 38801 Multifamily Garden 1 1975 N/A 410 Units
23 Loan Hampton Inn & Suites Williamsburg Historic District SG SG No 911 Capitol Landing Road Williamsburg City of Williamsburg VA 23185 Hospitality Limited Service 1 2006 N/A 109 Rooms
24 Loan Five Seasons MHC KeyBank KeyBank No 3421 Blairs Ferry Road Northeast Cedar Rapids Linn IA 52402 Manufactured Housing Community Manufactured Housing Community 1 1971 N/A 390 Pads
25 Loan Bolingbrook Logistics Center KeyBank KeyBank No 260 East Old Chicago Drive Bolingbrook Will IL 60440 Industrial Warehouse/Distribution 1 2007 N/A 42,350 Sq. Ft.
26 Loan Carneros Self Storage Park RMF RMF No 24270 Arnold Drive Sonoma Sonoma CA 95476 Self Storage Self Storage 1 1999; 2002 N/A 77,073 Sq. Ft.
27 Loan 1500 South Second Street SG SG No 1500 South Second Street St. Louis St. Louis City MO 63104 Industrial Flex 1 2005 N/A 85,280 Sq. Ft.
28 Loan Two Rivers MHC KeyBank KeyBank No 2800 Manatee Avenue East Bradenton Manatee FL 34208 Manufactured Housing Community Manufactured Housing Community 1 1957 2015-2016 130 Pads
29 Loan West Carmel Shoppes KeyBank KeyBank No 9873 & 9893 North Michigan Road Carmel Hamilton IN 46032 Retail Shadow Anchored 1 2006 N/A 31,541 Sq. Ft.
30 Loan Nadlan Industrial Portfolio KeyBank KeyBank No Various Various Oakland MI Various Industrial Various 3 Various N/A 82,160 Sq. Ft.
30.01 Property Prezio Healthcare KeyBank KeyBank No 30275 Hudson Drive Novi Oakland MI 48377 Industrial Flex 1 2006 N/A 39,453 Sq. Ft.
30.02 Property UATC KeyBank KeyBank No 47199 Cartier Drive Wixom Oakland MI 48393 Industrial Flex 1 1999 N/A 22,934 Sq. Ft.
30.03 Property Enersys KeyBank KeyBank No 29895 Hudson Drive Novi Oakland MI 48377 Industrial Warehouse/Distribution 1 2008 N/A 19,773 Sq. Ft.
31 Loan Walmart Plaza SG SG No 929 Keyser Avenue Natchitoches Natchitoches LA 71457 Retail Shadow Anchored 1 2001 N/A 45,910 Sq. Ft.
32 Loan North Parkway Mini Storage KeyBank KeyBank No 10132 Memorial Parkway Northwest Huntsville Madison AL 35810 Self Storage Self Storage 1 2002 2006 152,760 Sq. Ft.
33 Loan South Park Shopping Center SG SG No 3187-3197 Peter’s Creek Parkway Winston-Salem Forsyth NC 27127 Retail Anchored 1 1986 N/A 112,422 Sq. Ft.
34 Loan La Quinta Inn & Suites Fayetteville SG SG No 720 Millsap Road Fayetteville Washington AR 72703 Hospitality Limited Service 1 1995 2015 58 Rooms
35 Loan Redlands University Plaza KeyBank KeyBank No 800 East Lugonia Avenue Redlands San Bernardino CA 92374 Retail Anchored 1 1964 2006 61,978 Sq. Ft.
36 Loan Westar MHC KeyBank KeyBank No 911 Hale Road Shelbyville Shelby IN 46176 Manufactured Housing Community Manufactured Housing Community 1 1989 N/A 197 Pads
37 Loan La Quinta Fort Worth SG SG No 3346 Forest Hill Circle Fort Worth Tarrant TX 76140 Hospitality Limited Service 1 2009 2017 71 Rooms
38 Loan Shops at Oro Vista KeyBank KeyBank No 1335 West Lambert Lane & 10370 North La Canada Drive Oro Valley Pima AZ 85737 Retail Unanchored 1 2006 N/A 24,672 Sq. Ft.
39 Loan 5544 Greenwich Road SG SG No 5544 Greenwich Road Virginia Beach Virginia Beach City VA 23462 Office Suburban 1 1989 N/A 46,710 Sq. Ft.
40 Loan Sunrise Apartments RMF RMF No 51 Cecil Lane Montgomery Montgomery AL 36109 Multifamily Garden 1 1978 N/A 84 Units
41 Loan Woodville Plaza Apartments UBS AG UBS AG No 2920 West McDowell Road Jackson Hinds MS 39212 Multifamily Garden 1 1970 N/A 96 Units
42 Loan Clay Plaza KeyBank KeyBank No 1339 Blanding Boulevard Orange Park Clay FL 32065 Retail Anchored 1 1978 2016 61,960 Sq. Ft.

 

 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                                   
Mortgage Loan Number Property Flag Property Name Cut-off Date Balance Per Unit/SF(4) Original Balance(4)(18) Cut-off Date Balance(4)(18) % of Aggregate Cut-off Date Balance Maturity Date or Anticipated Repayment Date Maturity Balance ARD Final Maturity Date Origination Date First Pay Date Payment Day Gross Mortgage Rate(22)(23) Administrative Fee Rate Net Mortgage Rate ARD Rate
1 Loan Ionis Pharmaceuticals - Gazelle Ct 292 51,350,000 51,350,000 7.2% 8/6/2027 46,507,181 No N/A 7/18/2017 9/6/2017 6 3.881000% 0.018360% 3.862640% N/A
2 Loan Del Amo Fashion Center 260 50,000,000 50,000,000 7.1% 6/1/2027 50,000,000 No N/A 5/12/2017 7/1/2017 1 3.657500% 0.017110% 3.640390% N/A
3 Loan TZA Multifamily Portfolio I 45,340 50,000,000 50,000,000 7.1% 7/1/2027 44,210,276 No N/A 6/23/2017 8/1/2017 1 4.950000% 0.018360% 4.931640% N/A
3.01 Property Rolling Hills   7,546,205 7,546,205 1.1%   6,672,396                  
3.02 Property Lakeland Manor   6,751,688 6,751,688 1.0%   5,969,880                  
3.03 Property Kings Trail   6,066,289 6,066,289 0.9%   5,363,847                  
3.04 Property Bella Mar   5,343,381 5,343,381 0.8%   4,724,647                  
3.05 Property Del Rio   4,211,280 4,211,280 0.6%   3,723,637                  
3.06 Property Timberfalls   3,805,497 3,805,497 0.5%   3,364,841                  
3.07 Property Jacksonville Heights   3,324,695 3,324,695 0.5%   2,939,714                  
3.08 Property Lago Bello   2,963,241 2,963,241 0.4%   2,620,114                  
3.09 Property North Washington   2,704,085 2,704,085 0.4%   2,390,967                  
3.10 Property Tanglewood   2,219,873 2,219,873 0.3%   1,962,824                  
3.11 Property Mount Dora   2,206,233 2,206,233 0.3%   1,950,764                  
3.12 Property Brandywyne   1,517,425 1,517,425 0.2%   1,341,715                  
3.13 Property The Landings   992,294 992,294 0.1%   877,392                  
3.14 Property Country Place   347,814 347,814 0.0%   307,539                  
4 Loan American Cancer Society Center 117 43,000,000 43,000,000 6.1% 7/1/2027 39,018,536 No N/A 6/15/2017 8/1/2017 1 3.990000% 0.018360% 3.971640% N/A
5 Loan Embassy Suites - Santa Ana 126,478 38,070,000 38,070,000 5.4% 8/1/2027 32,782,539 No N/A 7/7/2017 9/1/2017 1 4.810000% 0.018360% 4.791640% N/A
6 Loan 245 Park Avenue 626 38,000,000 38,000,000 5.4% 6/1/2027 38,000,000 No N/A 5/5/2017 7/1/2017 1 3.669400% 0.017110% 3.652290% N/A
7 Loan OKC Outlets 220 37,000,000 37,000,000 5.2% 5/1/2022 37,000,000 No N/A 4/28/2017 6/1/2017 1 4.180000% 0.018360% 4.161640% N/A
8 Loan Park West Village 140,845 30,000,000 30,000,000 4.2% 8/6/2022 30,000,000 No N/A 7/19/2017 9/6/2017 6 2.620000% 0.018360% 2.601640% N/A
9 Loan JW Marriott Chicago 130,000 28,500,000 28,500,000 4.0% 8/5/2022 28,500,000 No N/A 7/21/2017 9/5/2017 5 4.044100% 0.018360% 3.856640% N/A
10 Loan Center 78 171 28,000,000 28,000,000 4.0% 8/7/2027 28,000,000 No N/A 8/7/2017 9/7/2017 7 4.090059% 0.018360% 4.071699% N/A
11 Loan Great Valley Commerce Center 138 27,750,000 27,750,000 3.9% 8/1/2027 22,418,843 No N/A 7/25/2017 9/1/2017 1 4.480000% 0.018360% 4.131640% N/A
12 Loan IC Leased Fee Hotel Portfolio 29 27,000,000 27,000,000 3.8% 8/5/2027 27,000,000 No N/A 7/18/2017 9/5/2017 5 5.020000% 0.018360% 5.001640% N/A
12.01 Property Radisson Paper Valley   6,955,855 6,955,855 1.0%   6,955,855                  
12.02 Property City Place Downtown St. Louis   6,811,054 6,811,054 1.0%   6,811,054                  
12.03 Property Radisson Albany   3,630,833 3,630,833 0.5%   3,630,833                  
12.04 Property Radisson Cromwell   2,904,667 2,904,667 0.4%   2,904,667                  
12.05 Property Radisson Cheyenne   2,876,571 2,876,571 0.4%   2,876,571                  
12.06 Property Radisson High Point   2,524,294 2,524,294 0.4%   2,524,294                  
12.07 Property Radisson Billings   1,296,726 1,296,726 0.2%   1,296,726                  
13 Loan The District 131 25,000,000 25,000,000 3.5% 8/6/2027 20,270,765 No N/A 8/4/2017 9/6/2017 6 4.586200% 0.018360% 4.567840% N/A
14 Loan Younique HQ Building 196 24,500,000 24,458,615 3.5% 7/1/2027 17,967,819 No N/A 6/15/2017 8/1/2017 1 4.480000% 0.018360% 4.461640% N/A
15 Loan Azusa Center 224 15,958,000 15,958,000 2.3% 7/1/2027 14,273,256 No N/A 6/30/2017 8/1/2017 1 4.430000% 0.018360% 4.411640% N/A
16 Loan Crowne Plaza Memphis Downtown 69,352 16,000,000 15,950,867 2.3% 6/6/2027 12,092,560 No N/A 6/1/2017 7/6/2017 6 5.300000% 0.018360% 5.281640% N/A
17 Loan Four Points - Charleston 82,386 14,500,000 14,500,000 2.0% 8/1/2027 11,877,488 No N/A 8/1/2017 9/1/2017 1 4.890000% 0.018360% 4.751640% N/A
18 Loan Holiday Inn Downtown Raleigh 68,888 14,000,000 13,984,233 2.0% 7/6/2027 11,415,464 No N/A 6/16/2017 8/6/2017 6 4.750000% 0.018360% 4.731640% N/A
19 Loan Homewood Suites Oakland Waterfront 98,485 13,000,000 13,000,000 1.8% 8/1/2027 9,619,570 No N/A 7/6/2017 9/1/2017 1 4.720000% 0.018360% 4.701640% N/A
20 Loan Allen Park Industrial 15 12,000,000 12,000,000 1.7% 8/1/2027 9,634,178 No N/A 7/31/2017 9/1/2017 1 4.300000% 0.018360% 4.411640% N/A
21 Loan MVP Houston Portfolio 21,458 11,330,000 11,330,000 1.6% 8/1/2027 10,083,807 No N/A 7/28/2017 9/1/2017 1 5.020000% 0.018360% 4.911640% N/A
21.01 Property Preston Street Garage   9,130,000 9,130,000 1.3%   8,125,787                  
21.02 Property Congress Street Parking Lot   2,200,000 2,200,000 0.3%   1,958,021                  
22 Loan Canterbury Apartments 27,634 11,330,000 11,330,000 1.6% 8/6/2027 9,396,974 No N/A 8/4/2017 9/6/2017 6 5.274000% 0.018360% 5.255640% N/A
23 Loan Hampton Inn & Suites Williamsburg Historic District 77,982 8,500,000 8,500,000 1.2% 8/1/2027 6,226,135 No N/A 8/1/2017 9/1/2017 1 4.450000% 0.058360% 4.421640% N/A
24 Loan Five Seasons MHC 20,513 8,000,000 8,000,000 1.1% 8/1/2027 6,505,113 No N/A 7/18/2017 9/1/2017 1 4.670000% 0.018360% 4.651640% N/A
25 Loan Bolingbrook Logistics Center 165 7,000,000 6,982,474 1.0% 6/1/2027 5,663,071 No N/A 5/26/2017 7/1/2017 1 4.520000% 0.018360% 4.501640% N/A
26 Loan Carneros Self Storage Park 88 6,800,000 6,800,000 1.0% 8/6/2027 6,800,000 No N/A 8/1/2017 9/6/2017 6 4.360000% 0.018360% 4.371640% N/A
27 Loan 1500 South Second Street 78 6,650,000 6,650,000 0.9% 8/1/2027 4,957,291 No N/A 7/27/2017 9/1/2017 1 4.920000% 0.018360% 4.881640% N/A
28 Loan Two Rivers MHC 48,846 6,350,000 6,350,000 0.9% 7/1/2027 5,431,121 No N/A 6/29/2017 8/1/2017 1 4.550000% 0.018360% 4.531640% N/A
29 Loan West Carmel Shoppes 188 5,940,000 5,919,982 0.8% 5/1/2027 4,877,369 No N/A 5/1/2017 6/1/2017 1 4.960000% 0.018360% 4.941640% N/A
30 Loan Nadlan Industrial Portfolio 72 5,925,000 5,918,204 0.8% 7/1/2027 4,818,192 No N/A 6/9/2017 8/1/2017 1 4.670000% 0.018360% 4.651640% N/A
30.01 Property Prezio Healthcare   2,737,500 2,734,360 0.4%   2,226,127                  
30.02 Property UATC   1,717,500 1,715,530 0.2%   1,396,666                  
30.03 Property Enersys   1,470,000 1,468,314 0.2%   1,195,400                  
31 Loan Walmart Plaza 126 5,800,000 5,800,000 0.8% 8/1/2027 4,755,698 No N/A 7/28/2017 9/1/2017 1 4.920000% 0.018360% 4.961640% N/A
32 Loan North Parkway Mini Storage 38 5,750,000 5,750,000 0.8% 8/1/2027 4,648,543 No N/A 7/11/2017 9/1/2017 1 4.500000% 0.075860% 4.424140% N/A
33 Loan South Park Shopping Center 48 5,450,000 5,450,000 0.8% 8/1/2027 4,391,579 No N/A 8/1/2017 9/1/2017 1 4.405000% 0.018360% 4.421640% N/A
34 Loan La Quinta Inn & Suites Fayetteville 81,897 4,750,000 4,750,000 0.7% 8/1/2027 3,534,421 No N/A 7/7/2017 9/1/2017 1 4.870000% 0.018360% 4.851640% N/A
35 Loan Redlands University Plaza 66 4,100,000 4,086,220 0.6% 6/1/2027 3,037,314 No N/A 6/1/2017 7/1/2017 1 4.750000% 0.018360% 4.731640% N/A
36 Loan Westar MHC 20,305 4,000,000 4,000,000 0.6% 8/1/2027 3,256,946 No N/A 7/31/2017 9/1/2017 1 4.710000% 0.018360% 4.741640% N/A
37 Loan La Quinta Fort Worth 53,521 3,800,000 3,800,000 0.5% 8/1/2027 2,856,523 No N/A 7/20/2017 9/1/2017 1 5.150000% 0.018360% 5.181640% N/A
38 Loan Shops at Oro Vista 142 3,500,000 3,496,148 0.5% 7/1/2027 2,863,404 No N/A 6/5/2017 8/1/2017 1 4.850000% 0.018360% 4.831640% N/A
39 Loan 5544 Greenwich Road 68 3,175,000 3,175,000 0.4% 8/1/2027 2,379,895 No N/A 7/28/2017 9/1/2017 1 5.071000% 0.058360% 5.021640% N/A
40 Loan Sunrise Apartments 32,143 2,700,000 2,700,000 0.4% 7/6/2027 2,333,510 No N/A 6/14/2017 8/6/2017 6 4.950000% 0.018360% 4.931640% N/A
41 Loan Woodville Plaza Apartments 26,042 2,500,000 2,500,000 0.4% 8/6/2027 2,069,051 No N/A 7/19/2017 9/6/2017 6 5.207000% 0.018360% 5.231640% N/A
42 Loan Clay Plaza 29 1,825,000 1,816,452 0.3% 5/1/2027 1,370,566 No N/A 5/1/2017 6/1/2017 1 5.120000% 0.018360% 5.101640% N/A

 

 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                  
                                                 
Mortgage Loan Number Property Flag Property Name Interest Accrual Method Monthly Debt Service Payment(25) Amortization Type Original Term to Maturity or ARD Remaining Term to Maturity or ARD Original IO Term Remaining IO Term Original Amortization Term Remaining Amortization Term Seasoning Prepayment Provisions(6)(7) Grace Period Default(24) Grace Period Late                  
1 Loan Ionis Pharmaceuticals - Gazelle Ct Actual/360 241,643.01  Partial IO 120 120 60 60 360 360 0 LO(37);DEF(78);O(5) 0 0                  
2 Loan Del Amo Fashion Center Actual/360 154,512.44  Full IO 120 118 120 118 0 0 2 LO(26);DEF(87);O(7) 0 0                  
3 Loan TZA Multifamily Portfolio I Actual/360 266,885.00  Partial IO 120 119 36 35 360 360 1 LO(25);DEF(91);O(4) 0 0                  
3.01 Property Rolling Hills                                            
3.02 Property Lakeland Manor                                            
3.03 Property Kings Trail                                            
3.04 Property Bella Mar                                            
3.05 Property Del Rio                                            
3.06 Property Timberfalls                                            
3.07 Property Jacksonville Heights                                            
3.08 Property Lago Bello                                            
3.09 Property North Washington                                            
3.10 Property Tanglewood                                            
3.11 Property Mount Dora                                            
3.12 Property Brandywyne                                            
3.13 Property The Landings                                            
3.14 Property Country Place                                            
4 Loan American Cancer Society Center Actual/360 205,040.75  Partial IO 120 119 60 59 360 360 1 LO(25);DEF(89);O(6) 0 0                  
5 Loan Embassy Suites - Santa Ana Actual/360 199,970.28  Partial IO 120 120 24 24 360 360 0 LO(24);DEF(92);O(4) 5 0                  
6 Loan 245 Park Avenue Actual/360 117,811.52  Full IO 120 118 120 118 0 0 2 LO(26);DEF(90);O(4) 0 0                  
7 Loan OKC Outlets Actual/360 130,673.38  Full IO 60 57 60 57 0 0 3 LO(27);DEF(27);O(6) 5 5                  
8 Loan Park West Village Actual/360 66,409.72  Full IO 60 60 60 60 0 0 0 LO(24);DEF(32);O(4) 0 0                  
9 Loan JW Marriott Chicago Actual/360 97,381.37  Full IO 60 60 60 60 0 0 0 LO(24);DEF(32);O(4) 0 0                  
10 Loan Center 78 Actual/360 115,663.43  Full IO 120 120 120 120 0 0 0 LO(24);DEF(92);O(4) 0 0                  
11 Loan Great Valley Commerce Center Actual/360 140,275.60  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(93);O(3) 0 0                  
12 Loan IC Leased Fee Hotel Portfolio Actual/360 114,518.75  Full IO 120 120 120 120 0 0 0 LO(24);DEF(93);O(3) 0 0                  
12.01 Property Radisson Paper Valley                                            
12.02 Property City Place Downtown St. Louis                                            
12.03 Property Radisson Albany                                            
12.04 Property Radisson Cromwell                                            
12.05 Property Radisson Cheyenne                                            
12.06 Property Radisson High Point                                            
12.07 Property Radisson Billings                                            
13 Loan The District Actual/360 127,954.99  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(92);O(4) 0 0                  
14 Loan Younique HQ Building Actual/360 135,900.98  Amortizing 120 119 0 0 300 299 1 LO(25);DEF(92);O(3) 5 5                  
15 Loan Azusa Center Actual/360 80,194.47  Partial IO 120 119 48 47 360 360 1 LO(25);DEF(92);O(3) 0 5                  
16 Loan Crowne Plaza Memphis Downtown Actual/360 96,352.19  Amortizing 120 118 0 0 300 298 2 LO(26);DEF(90);O(4) 0 0                  
17 Loan Four Points - Charleston Actual/360 76,867.27  Amortizing 120 120 0 0 360 360 0 LO(24);YM1(92);O(4) 0 0                  
18 Loan Holiday Inn Downtown Raleigh Actual/360 73,030.63  Amortizing 120 119 0 0 360 359 1 LO(25);DEF(91);O(4) 0 0                  
19 Loan Homewood Suites Oakland Waterfront Actual/360 73,891.12  Amortizing 120 120 0 0 300 300 0 LO(24);DEF(92);O(4) 5 0                  
20 Loan Allen Park Industrial Actual/360 59,384.57  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(93);O(3) 5 5                  
21 Loan MVP Houston Portfolio Actual/360 66,366.14  Partial IO 120 120 60 60 300 300 0 LO(24);DEF(93);O(3) 5 0                  
21.01 Property Preston Street Garage                                            
21.02 Property Congress Street Parking Lot                                            
22 Loan Canterbury Apartments Actual/360 62,733.21  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(92);O(4) 0 0                  
23 Loan Hampton Inn & Suites Williamsburg Historic District Actual/360 47,004.85  Amortizing 120 120 0 0 300 300 0 LO(24);DEF(92);O(4) 5 5                  
24 Loan Five Seasons MHC Actual/360 41,346.89  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(93);O(3) 5 5                  
25 Loan Bolingbrook Logistics Center Actual/360 35,551.21  Amortizing 120 118 0 0 360 358 2 LO(26);DEF(91);O(3) 5 0                  
26 Loan Carneros Self Storage Park Actual/360 25,049.81  Full IO 120 120 120 120 0 0 0 LO(24);DEF(92);O(4) 0 0                  
27 Loan 1500 South Second Street Actual/360 38,565.91  Amortizing 120 120 0 0 300 300 0 LO(24);DEF(92);O(4) 0 0                  
28 Loan Two Rivers MHC Actual/360 32,363.44  Partial IO 120 119 24 23 360 360 1 LO(25);DEF(92);O(3) 5 3                  
29 Loan West Carmel Shoppes Actual/360 31,742.15  Amortizing 120 117 0 0 360 357 3 LO(27);DEF(90);O(3) 5 5                  
30 Loan Nadlan Industrial Portfolio Actual/360 30,622.54  Amortizing 120 119 0 0 360 359 1 LO(25);DEF(89);O(6) 0 0                  
30.01 Property Prezio Healthcare                                            
30.02 Property UATC                                            
30.03 Property Enersys                                            
31 Loan Walmart Plaza Actual/360 30,852.70  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(92);O(4) 5 0                  
32 Loan North Parkway Mini Storage Actual/360 29,134.41  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(92);O(4) 5 0                  
33 Loan South Park Shopping Center Actual/360 27,307.57  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(92);O(4) 0 0                  
34 Loan La Quinta Inn & Suites Fayetteville Actual/360 27,409.45  Amortizing 120 120 0 0 300 300 0 LO(24);DEF(92);O(4) 5 5                  
35 Loan Redlands University Plaza Actual/360 23,374.81  Amortizing 120 118 0 0 300 298 2 LO(25);YM1(92);O(3) 5 0                  
36 Loan Westar MHC Actual/360 20,769.56  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(93);O(3) 5 5                  
37 Loan La Quinta Fort Worth Actual/360 22,547.78  Amortizing 120 120 0 0 300 300 0 LO(24);DEF(92);O(4) 5 5                  
38 Loan Shops at Oro Vista Actual/360 18,469.21  Amortizing 120 119 0 0 360 359 1 LO(25);YM1(92);O(3) 5 5                  
39 Loan 5544 Greenwich Road Actual/360 18,692.31  Amortizing 120 120 0 0 300 300 0 LO(24);DEF(92);O(4) 0 0                  
40 Loan Sunrise Apartments Actual/360 14,411.79  Partial IO 120 119 24 23 360 360 1 LO(25);DEF(91);O(4) 0 0                  
41 Loan Woodville Plaza Apartments Actual/360 13,738.58  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(92);O(4) 0 0                  
42 Loan Clay Plaza Actual/360 10,796.75  Amortizing 120 117 0 0 300 297 3 LO(25);YM1(92);O(3) 5 0                  

 

 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                               
Mortgage Loan Number Property Flag Property Name Grace Period at Maturity Default Appraised Value(5) Appraisal Date U/W NOI DSCR(4)(26) U/W NCF DSCR(4)(26) Cut-off Date LTV Ratio(4)(5) LTV Ratio at Maturity or ARD(4)(5) U/W NOI Debt Yield(4) U/W NCF Debt Yield(4) UW EGI U/W Expenses U/W NOI U/W Replacement
1 Loan Ionis Pharmaceuticals - Gazelle Ct 0 112,000,000 7/11/2017 2.38 2.22 45.8% 41.5% 13.5% 12.5% 7,125,147 213,754 6,911,392 26,400
2 Loan Del Amo Fashion Center 0 1,155,000,000 4/23/2017 3.48 3.34 39.8% 39.8% 12.9% 12.4% 81,259,520 21,915,628 59,343,892 223,460
3 Loan TZA Multifamily Portfolio I 0 146,630,000 Various 1.64 1.55 73.7% 65.1% 10.5% 9.9% 19,872,125 8,552,111 11,320,015 595,500
3.01 Property Rolling Hills   22,130,000 5/2/2017             2,424,151 876,848 1,547,303 60,000
3.02 Property Lakeland Manor   19,800,000 5/4/2017             2,677,242 1,161,205 1,516,037 93,250
3.03 Property Kings Trail   17,790,000 5/5/2017             2,733,056 1,133,406 1,599,650 80,000
3.04 Property Bella Mar   15,670,000 5/4/2017             2,183,135 979,513 1,203,622 66,000
3.05 Property Del Rio   12,350,000 5/4/2017             1,557,847 730,529 827,318 40,000
3.06 Property Timberfalls   11,160,000 5/4/2017             1,590,200 836,902 753,299 46,000
3.07 Property Jacksonville Heights   9,750,000 5/5/2017             1,365,640 706,900 658,740 43,250
3.08 Property Lago Bello   8,690,000 5/4/2017             1,064,669 444,312 620,357 30,000
3.09 Property North Washington   7,930,000 5/10/2017             1,047,337 315,643 731,693 29,750
3.10 Property Tanglewood   6,510,000 5/8/2017             1,038,119 430,040 608,079 34,500
3.11 Property Mount Dora   6,470,000 5/8/2017             998,189 424,785 573,405 33,000
3.12 Property Brandywyne   4,450,000 5/4/2017             602,610 248,840 353,770 20,250
3.13 Property The Landings   2,910,000 5/4/2017             447,405 198,163 249,242 15,000
3.14 Property Country Place   1,020,000 5/4/2017             142,524 65,025 77,499 4,500
4 Loan American Cancer Society Center 0 182,000,000 5/12/2017 2.11 1.79 63.8% 57.9% 12.0% 10.2% 26,634,488 12,637,113 13,997,375 246,132
5 Loan Embassy Suites - Santa Ana 0 70,400,000 6/9/2017 2.14 1.80 54.1% 46.6% 13.5% 11.4% 16,005,474 10,880,845 5,124,630 800,274
6 Loan 245 Park Avenue 0 2,210,000,000 4/1/2017 2.87 2.73 48.9% 48.9% 10.7% 10.1% 177,756,680 62,448,738 115,307,942 551,678
7 Loan OKC Outlets 0 144,300,000 3/24/2017 2.63 2.41 59.9% 59.9% 11.2% 10.2% 14,526,696 4,877,678 9,649,018 100,573
8 Loan Park West Village 0 600,000,000 5/10/2017 4.52 4.46 20.0% 20.0% 12.0% 11.8% 23,925,670 9,506,674 14,418,996 200,280
9 Loan JW Marriott Chicago 0 370,400,000 5/2/2017 6.53 5.64 21.4% 21.4% 26.8% 23.1% 71,959,137 50,733,018 21,226,120 2,878,365
10 Loan Center 78 0 94,800,000 6/1/2017 2.01 1.86 67.4% 67.4% 9.9% 9.2% 9,997,347 3,648,950 6,348,397 96,895
11 Loan Great Valley Commerce Center 0 73,500,000 5/16/2017 1.89 1.66 67.0% 54.2% 11.5% 10.1% 9,554,612 3,901,969 5,652,643 88,884
12 Loan IC Leased Fee Hotel Portfolio 0 85,300,000 Various 1.67 1.67 73.2% 73.2% 8.5% 8.5% 5,305,307 0 5,305,307 0
12.01 Property Radisson Paper Valley   27,100,000 3/27/2017             1,684,326 0 1,684,326 0
12.02 Property City Place Downtown St. Louis   21,400,000 3/28/2017             1,331,220 0 1,331,220 0
12.03 Property Radisson Albany   10,900,000 3/22/2017             679,432 0 679,432 0
12.04 Property Radisson Cromwell   7,400,000 3/23/2017             458,696 0 458,696 0
12.05 Property Radisson Cheyenne   6,700,000 4/4/2017             418,214 0 418,214 0
12.06 Property Radisson High Point   8,400,000 3/31/2017             523,777 0 523,777 0
12.07 Property Radisson Billings   3,400,000 4/5/2017             209,643 0 209,643 0
13 Loan The District 0 130,000,000 7/13/2017 1.42 1.34 61.5% 49.9% 8.7% 8.3% 9,966,400 2,976,535 6,989,865 89,339
14 Loan Younique HQ Building 0 36,100,000 5/9/2017 1.46 1.35 67.8% 49.8% 9.7% 9.0% 3,346,189 967,945 2,378,245 25,000
15 Loan Azusa Center 0 24,900,000 5/12/2017 1.40 1.30 64.1% 57.3% 8.4% 7.8% 1,744,312 396,002 1,348,310 16,360
16 Loan Crowne Plaza Memphis Downtown 0 27,800,000 5/1/2017 2.29 1.99 57.4% 43.5% 16.6% 14.5% 8,606,863 5,956,391 2,650,471 344,275
17 Loan Four Points - Charleston 0 23,500,000 6/9/2017 1.95 1.75 61.7% 50.5% 12.4% 11.1% 6,643,951 4,846,304 1,797,647 186,099
18 Loan Holiday Inn Downtown Raleigh 0 28,200,000 3/15/2017 3.18 2.84 49.6% 40.5% 20.0% 17.8% 7,442,466 4,652,224 2,790,242 297,699
19 Loan Homewood Suites Oakland Waterfront 0 23,200,000 3/28/2017 2.41 2.10 56.0% 41.5% 16.4% 14.3% 6,876,548 4,739,987 2,136,561 275,062
20 Loan Allen Park Industrial 0 27,000,000 3/9/2017 3.39 2.85 44.4% 35.7% 20.1% 16.9% 4,000,603 1,586,737 2,413,866 133,751
21 Loan MVP Houston Portfolio 0 20,600,000 5/3/2017 1.40 1.38 55.0% 49.0% 9.8% 9.7% 1,601,174 489,115 1,112,058 13,200
21.01 Property Preston Street Garage   16,600,000 5/3/2017             1,299,933 398,257 901,676 12,500
21.02 Property Congress Street Parking Lot   4,000,000 5/3/2017             301,241 90,858 210,382 700
22 Loan Canterbury Apartments 0 17,000,000 4/28/2017 1.45 1.29 66.6% 55.3% 9.6% 8.6% 2,469,717 1,376,388 1,093,329 123,000
23 Loan Hampton Inn & Suites Williamsburg Historic District 0 14,200,000 6/9/2017 2.31 2.10 59.9% 43.8% 15.3% 13.9% 3,028,007 1,723,666 1,304,341 121,120
24 Loan Five Seasons MHC 0 13,000,000 6/22/2017 1.51 1.47 61.5% 50.0% 9.4% 9.1% 1,514,990 766,739 748,251 19,500
25 Loan Bolingbrook Logistics Center 0 14,100,000 4/27/2017 2.10 1.98 49.5% 40.2% 12.9% 12.1% 1,130,052 232,375 897,677 10,588
26 Loan Carneros Self Storage Park 0 14,490,000 6/9/2017 2.61 2.57 46.9% 46.9% 11.5% 11.4% 1,205,295 420,141 785,154 11,561
27 Loan 1500 South Second Street 0 10,250,000 6/20/2017 1.84 1.76 64.9% 48.4% 12.8% 12.3% 878,709 28,897 849,812 8,528
28 Loan Two Rivers MHC 0 9,070,000 6/5/2017 1.35 1.34 70.0% 59.9% 8.3% 8.2% 868,347 342,698 525,649 6,500
29 Loan West Carmel Shoppes 0 7,920,000 3/7/2017 1.46 1.34 74.7% 61.6% 9.4% 8.6% 823,004 268,520 554,483 8,201
30 Loan Nadlan Industrial Portfolio 0 7,900,000 4/19/2017 1.56 1.37 74.9% 61.0% 9.7% 8.5% 818,907 244,470 574,436 24,652
30.01 Property Prezio Healthcare   3,650,000 4/19/2017             386,185 112,336 273,850 6,707
30.02 Property UATC   2,290,000 4/19/2017             230,917 71,113 159,804 13,990
30.03 Property Enersys   1,960,000 4/19/2017             201,805 61,022 140,782 3,955
31 Loan Walmart Plaza 0 8,350,000 06/07/2017 1.47 1.34 69.5% 57.0% 9.4% 8.6% 689,850 146,772 543,078 14,232
32 Loan North Parkway Mini Storage 0 7,900,000 4/18/2017 1.67 1.63 72.8% 58.8% 10.2% 9.9% 860,811 276,332 584,480 15,276
33 Loan South Park Shopping Center 0 9,250,000 6/10/2017 1.98 1.72 58.9% 47.5% 11.9% 10.3% 913,621 263,341 650,280 28,106
34 Loan La Quinta Inn & Suites Fayetteville 0 7,500,000 5/17/2017 2.14 1.94 63.3% 47.1% 14.8% 13.4% 1,602,146 899,641 702,504 64,086
35 Loan Redlands University Plaza 0 9,170,000 3/23/2017 1.61 1.38 44.6% 33.1% 11.0% 9.5% 780,017 328,553 451,464 23,552
36 Loan Westar MHC 0 5,840,000 6/16/2017 1.42 1.38 68.5% 55.8% 8.9% 8.6% 789,216 434,364 354,852 9,850
37 Loan La Quinta Fort Worth 0 6,400,000 5/26/2017 1.98 1.76 59.4% 44.6% 14.1% 12.5% 1,485,790 950,176 535,614 59,432
38 Loan Shops at Oro Vista 0 6,070,000 4/19/2017 1.90 1.71 57.6% 47.2% 12.1% 10.8% 601,526 179,819 421,706 4,934
39 Loan 5544 Greenwich Road 0 4,700,000 5/8/2017 1.61 1.35 67.6% 50.6% 11.4% 9.5% 797,011 435,820 361,190 11,678
40 Loan Sunrise Apartments 0 4,200,000 5/5/2017 1.68 1.54 64.3% 55.6% 10.8% 9.9% 578,572 287,235 291,337 25,200
41 Loan Woodville Plaza Apartments 0 3,700,000 5/24/2017 1.66 1.48 67.6% 55.9% 10.9% 9.8% 630,473 357,047 273,427 28,800
42 Loan Clay Plaza 0 3,050,000 9/6/2017 1.62 1.31 59.6% 44.9% 11.5% 9.3% 362,477 153,145 209,332 12,396

 

 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                                 
Mortgage Loan Number Property Flag Property Name U/W TI/LC U/W NCF Occupancy Rate(13) Occupancy as-of Date Most Recent Operating Statement Date Most Recent EGI Most Recent Expenses Most Recent NOI Second Most Recent Operating Statement Date Second Most Recent EGI Second Most Recent Expenses Second Most Recent NOI Third Most Recent Operating Statement Date Third Most Recent EGI
1 Loan Ionis Pharmaceuticals - Gazelle Ct 451,106 6,433,887 100.0% 8/1/2017 12/31/2016 7,547,254 999,557 6,547,697 12/31/2015 6,832,261 654,879 6,177,382 12/31/2014 7,000,426
2 Loan Del Amo Fashion Center 2,155,000 56,965,434 85.2% 5/15/2017 TTM 3/31/2017 77,175,155 23,956,448 53,218,707 12/31/2016 75,673,675 24,572,583 51,101,092 12/31/2015 51,645,131
3 Loan TZA Multifamily Portfolio I 0 10,724,515 95.4% 05/03/2017 TTM 3/31/2017 19,563,059 7,733,184 11,829,875 12/31/2016 19,059,127 8,547,163 10,511,963 N/A N/A
3.01 Property Rolling Hills 0 1,487,303 97.5% 05/03/2017 TTM 3/31/2017 2,391,733 793,082 1,598,651 12/31/2016 2,287,460 837,955 1,449,505 N/A N/A
3.02 Property Lakeland Manor 0 1,422,787 91.4% 05/03/2017 TTM 3/31/2017 2,751,869 1,041,323 1,710,546 12/31/2016 2,687,990 1,034,604 1,653,386 N/A N/A
3.03 Property Kings Trail 0 1,519,650 97.2% 05/03/2017 TTM 3/31/2017 2,666,521 1,015,184 1,651,337 12/31/2016 2,625,075 1,142,854 1,482,221 N/A N/A
3.04 Property Bella Mar 0 1,137,622 94.3% 05/03/2017 TTM 3/31/2017 2,188,958 900,881 1,288,077 12/31/2016 2,111,689 1,073,715 1,037,974 N/A N/A
3.05 Property Del Rio 0 787,318 93.8% 05/03/2017 TTM 3/31/2017 1,482,535 681,133 801,403 12/31/2016 1,411,941 819,072 592,869 N/A N/A
3.06 Property Timberfalls 0 707,299 97.8% 05/03/2017 TTM 3/31/2017 1,495,688 736,883 758,805 Annualized 10 12/31/2016 1,462,041 838,806 623,235 N/A N/A
3.07 Property Jacksonville Heights 0 615,490 93.1% 05/03/2017 TTM 3/31/2017 1,371,114 649,583 721,532 12/31/2016 1,425,736 658,868 766,867 N/A N/A
3.08 Property Lago Bello 0 590,357 96.7% 05/03/2017 TTM 3/31/2017 1,055,375 404,005 651,370 12/31/2016 1,036,556 493,203 543,353 N/A N/A
3.09 Property North Washington 0 701,943 96.6% 05/03/2017 TTM 3/31/2017 1,014,357 280,052 734,305 12/31/2016 983,963 287,521 696,442 N/A N/A
3.10 Property Tanglewood 0 573,579 97.1% 05/03/2017 TTM 3/31/2017 1,014,866 392,407 622,459 12/31/2016 981,526 419,502 562,024 N/A N/A
3.11 Property Mount Dora 0 540,405 96.2% 05/03/2017 TTM 3/31/2017 966,127 359,962 606,165 12/31/2016 927,231 395,959 531,272 N/A N/A
3.12 Property Brandywyne 0 333,520 97.5% 05/03/2017 TTM 3/31/2017 612,207 224,772 387,436 12/31/2016 590,555 248,915 341,640 N/A N/A
3.13 Property The Landings 0 234,242 96.7% 05/03/2017 TTM 3/31/2017 417,163 187,465 229,698 12/31/2016 395,552 215,327 180,225 N/A N/A
3.14 Property Country Place 0 72,999 94.4% 05/03/2017 TTM 3/31/2017 134,544 66,454 68,090 12/31/2016 131,812 80,863 50,949 N/A N/A
4 Loan American Cancer Society Center 1,866,055 11,885,187 85.8% 5/23/2017 TTM 4/30/2017 24,271,386 11,830,418 12,440,968 12/31/2016 24,168,963 11,780,913 12,388,050 12/31/2015 24,294,355
5 Loan Embassy Suites - Santa Ana 0 4,324,356 85.1% TTM 4/30/2017 TTM 4/30/2017 14,408,947 10,459,750 3,949,197 12/31/2016 14,227,804 10,121,523 4,106,281 12/31/2015 15,634,828
6 Loan 245 Park Avenue 5,191,362 109,564,902 91.1% 2/28/2017 TTM 3/31/2017 168,887,445 61,210,771 107,676,674 12/31/2016 167,638,950 60,922,988 106,715,962 12/31/2015 160,661,056
7 Loan OKC Outlets 718,912 8,829,533 93.3% 6/1/2017 TTM 3/31/2017 14,608,350 4,343,243 10,265,107 12/31/2016 14,731,469 4,463,320 10,268,149 12/31/2015 13,772,675
8 Loan Park West Village 0 14,218,716 96.0% 7/1/2017 TTM 5/31/2017 19,995,613 8,925,864 11,069,748 12/31/2016 18,763,245 8,484,881 10,278,364 12/31/2015 17,825,091
9 Loan JW Marriott Chicago 0 18,347,754 76.1% TTM 4/30/2017 TTM 4/30/2017 70,958,814 49,637,381 21,321,433 12/31/2016 71,943,283 50,752,018 21,191,265 12/31/2015 70,939,493
10 Loan Center 78 372,673 5,878,829 88.7% 6/22/2017 TTM 5/31/2017 5,752,096 3,318,818 2,433,278 12/31/2016 3,804,098 2,985,327 818,771 12/31/2015 4,357,474
11 Loan Great Valley Commerce Center 611,237 4,952,522 100.0% 5/18/2017 TTM 3/31/2017 9,453,766 3,607,972 5,845,795 12/31/2016 9,359,400 3,594,263 5,765,136 12/31/2015 9,026,576
12 Loan IC Leased Fee Hotel Portfolio 0 5,305,307 100.0% 8/1/2017 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
12.01 Property Radisson Paper Valley 0 1,684,326 100.0% 8/1/2017 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
12.02 Property City Place Downtown St. Louis 0 1,331,220 100.0% 8/1/2017 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
12.03 Property Radisson Albany 0 679,432 100.0% 8/1/2017 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
12.04 Property Radisson Cromwell 0 458,696 100.0% 8/1/2017 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
12.05 Property Radisson Cheyenne 0 418,214 100.0% 8/1/2017 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
12.06 Property Radisson High Point 0 523,777 100.0% 8/1/2017 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
12.07 Property Radisson Billings 0 209,643 100.0% 8/1/2017 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
13 Loan The District 299,999 6,600,527 89.3% 7/25/2017 TTM 6/30/2017 9,989,031 3,056,429 6,932,602 12/31/2016 10,027,163 2,832,863 7,194,300 12/31/2015 9,948,522
14 Loan Younique HQ Building 156,412 2,196,833 100.0% 8/1/2017 T-11 Ann. 4/30/2017 3,163,488 787,700 2,375,788 N/A N/A N/A N/A N/A N/A
15 Loan Azusa Center 85,722 1,246,227 100.0% 6/1/2017 TTM 5/31/2017 1,653,913 325,036 1,328,876 12/31/2016 1,657,572 318,637 1,338,935 12/31/2015 1,569,290
16 Loan Crowne Plaza Memphis Downtown 0 2,306,197 79.2% TTM 4/30/2017 TTM 5/31/2017 8,611,989 5,805,097 2,806,893 12/31/2016 7,618,575 5,359,749 2,258,826 12/31/2015 7,167,463
17 Loan Four Points - Charleston 0 1,611,548 66.2% 5/31/2017 TTM 5/31/2017 6,669,982 4,714,732 1,955,250 12/31/2016 6,524,586 4,585,983 1,938,603 12/31/2015 6,000,515
18 Loan Holiday Inn Downtown Raleigh 0 2,492,544 71.4% TTM 4/30/2017 TTM 4/30/2017 7,442,466 4,636,043 2,806,423 12/31/2016 7,303,343 4,577,588 2,725,755 12/31/2015 6,463,143
19 Loan Homewood Suites Oakland Waterfront 0 1,861,499 82.6% TTM 5/31/2017 TTM 5/31/2017 6,876,349 4,699,998 2,176,351 12/31/2016 6,793,583 4,557,149 2,236,434 12/31/2015 6,587,562
20 Loan Allen Park Industrial 249,257 2,030,858 92.5% 6/27/2017 TTM 5/31/2017 4,007,580 1,284,506 2,723,074 12/31/2016 4,197,526 1,449,079 2,748,447 12/31/2015 3,402,918
21 Loan MVP Houston Portfolio 0 1,098,858 100.0% 8/1/2017 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
21.01 Property Preston Street Garage 0 889,176 100.0% 8/1/2017 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
21.02 Property Congress Street Parking Lot 0 209,682 100.0% 8/1/2017 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
22 Loan Canterbury Apartments 0 970,329 95.1% 5/31/2017 TTM 5/31/2017 2,471,182 1,345,114 1,126,068 12/31/2016 2,461,026 1,231,999 1,229,027 12/31/2015 2,325,970
23 Loan Hampton Inn & Suites Williamsburg Historic District 0 1,183,221 68.7% TTM 5/31/2017 TTM 5/31/2017 3,028,007 1,740,604 1,287,403 12/31/2016 3,069,137 1,769,613 1,299,524 12/31/2015 3,044,909
24 Loan Five Seasons MHC 0 728,751 86.9% 7/6/2017 TTM 6/30/2017 1,470,298 763,644 706,654 12/31/2016 1,418,492 762,776 655,716 12/31/2015 1,310,875
25 Loan Bolingbrook Logistics Center 42,259 844,831 100.0% 8/1/2017 TTM 3/31/2017 799,487 22,334 777,153 12/31/2016 777,767 24,907 752,860 12/31/2015 777,762
26 Loan Carneros Self Storage Park 0 773,593 92.9% 6/9/2017 TTM 6/30/2017 1,091,958 298,329 793,630 12/31/2016 989,282 298,547 690,735 12/31/2015 912,265
27 Loan 1500 South Second Street 25,584 815,700 100.0% 8/1/2017 TTM 5/31/2017 868,578 37,044 831,534 12/31/2016 868,578 41,751 826,826 12/31/2015 868,578
28 Loan Two Rivers MHC 0 519,149 93.8% 5/1/2017 TTM 5/31/2017 822,782 300,682 522,100 12/31/2016 809,683 307,129 502,554 12/31/2015 688,883
29 Loan West Carmel Shoppes 34,355 511,927 94.9% 7/17/2017 TTM 6/30/2017 861,745 279,901 581,844 12/31/2016 835,157 270,795 564,362 12/31/2015 826,728
30 Loan Nadlan Industrial Portfolio 46,217 503,567 100.0% 8/1/2017 TTM 3/31/2017 742,201 125,723 616,478 12/31/2016 699,084 121,093 577,991 12/31/2015 844,606
30.01 Property Prezio Healthcare 27,875 239,267 100.0% 8/1/2017 TTM 3/31/2017 361,789 83,983 277,806 12/31/2016 346,140 95,625 250,516 12/31/2015 447,862
30.02 Property UATC 16,249 129,566 100.0% 8/1/2017 TTM 3/31/2017 212,722 30,064 182,658 12/31/2016 196,558 13,735 182,823 12/31/2015 216,086
30.03 Property Enersys 2,093 134,734 100.0% 8/1/2017 TTM 3/31/2017 167,690 11,676 156,015 12/31/2016 156,386 11,733 144,653 12/31/2015 180,658
31 Loan Walmart Plaza 32,137 496,709 85.7% 6/2/2017 TTM 4/30/2017 751,006 144,176 606,830 12/31/2016 766,568 162,624 603,944 12/31/2015 749,414
32 Loan North Parkway Mini Storage 0 569,204 93.2% 5/31/2017 TTM 5/31/2017 896,658 273,048 623,610 12/31/2016 878,062 248,965 629,097 12/31/2015 793,764
33 Loan South Park Shopping Center 60,000 562,175 76.0% 07/31/2017 TTM 5/31/2017 726,032 257,963 468,069 12/31/2016 718,671 261,144 457,527 12/31/2015 714,461
34 Loan La Quinta Inn & Suites Fayetteville 0 638,419 71.0% TTM 4/30/2017 TTM 4/30/2017 1,602,146 864,573 737,573 12/31/2016 1,540,878 807,982 732,896 N/A N/A
35 Loan Redlands University Plaza 39,722 388,190 81.4% 5/1/2017 TTM 6/30/2017 722,742 286,417 436,325 12/31/2016 741,407 290,532 450,875 12/31/2015 662,056
36 Loan Westar MHC 0 345,002 91.4% 7/19/2017 TTM 6/30/2017 772,846 428,242 344,604 12/31/2016 764,816 427,704 337,112 12/31/2015 749,250
37 Loan La Quinta Fort Worth 0 476,182 69.4% TTM 4/30/2017 TTM 4/30/2017 1,485,790 902,486 583,304 12/31/2016 1,505,841 880,166 625,675 12/31/2015 1,380,901
38 Loan Shops at Oro Vista 37,648 379,125 90.2% 5/15/2017 TTM 3/31/2017 548,773 169,791 378,982 12/31/2016 516,675 157,700 358,975 12/31/2015 437,280
39 Loan 5544 Greenwich Road 46,710 302,803 100.0% 07/11/2017 TTM 5/31/2017 724,229 434,979 289,250 12/31/2016 730,529 425,674 304,855 12/31/2015 777,549
40 Loan Sunrise Apartments 0 266,137 96.4% 4/30/2017 TTM 4/30/2017 570,955 274,663 296,292 12/31/2016 567,064 259,983 307,081 12/31/2015 554,073
41 Loan Woodville Plaza Apartments 0 244,627 96.9% 6/15/2017 TTM 5/31/2017 627,350 343,426 283,924 12/31/2016 605,326 341,520 263,807 12/31/2015 592,518
42 Loan Clay Plaza 27,252 169,684 100.0% 4/19/2017 TTM 6/30/2017 333,058 142,837 190,222 12/31/2016 326,437 142,272 184,165 12/31/2015 306,526

 

 
 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                               
Mortgage Loan Number Property Flag Property Name Third Most Recent Expenses Third Most Recent NOI Largest Tenant Name(10)(11)(12) Largest Tenant Sq. Ft. Largest Tenant % of NRA Largest Tenant Exp. Date(2) Second Largest Tenant Name(11)(12) Second Largest Tenant Sq. Ft. Second Largest Tenant % of NRA Second Largest Tenant Exp. Date(2) Third Largest Tenant Name(11)(12) Third Largest Tenant Sq. Ft. Third Largest Tenant % of NRA
1 Loan Ionis Pharmaceuticals - Gazelle Ct 822,912 6,177,514 Ionis Pharmaceuticals, Inc. 176,000 100.0% 7/16/2032 N/A N/A N/A N/A N/A N/A N/A
2 Loan Del Amo Fashion Center 16,605,695 35,039,436 J.C. Penney 163,346 9.2% 12/31/2018 Nordstrom 138,000 7.8% 02/28/2031 Dick’s Sporting Goods 83,210 4.7%
3 Loan TZA Multifamily Portfolio I N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.01 Property Rolling Hills N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.02 Property Lakeland Manor N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.03 Property Kings Trail N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.04 Property Bella Mar N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.05 Property Del Rio N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.06 Property Timberfalls N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.07 Property Jacksonville Heights N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.08 Property Lago Bello N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.09 Property North Washington N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.10 Property Tanglewood N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.11 Property Mount Dora N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.12 Property Brandywyne N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.13 Property The Landings N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.14 Property Country Place N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
4 Loan American Cancer Society Center 12,511,534 11,782,820 American Cancer Society, Inc. 275,160 27.8% 6/30/2022;11/30/2018 InComm 196,223 19.8% 12/31/2021 INAP 120,298 12.1%
5 Loan Embassy Suites - Santa Ana 10,361,175 5,273,653 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
6 Loan 245 Park Avenue 57,993,351 102,667,705 Société Générale 562,347 32.6% 10/31/2032 JPMorgan Chase Bank, N.A. 225,438 13.1% 10/31/2022 Major League Baseball 220,565 12.8%
7 Loan OKC Outlets 4,382,185 9,390,490 Nike Factory Store 14,013 3.6% 1/31/2022 Forever 21 12,071 3.1% 1/31/2025 Old Navy 10,869 2.8%
8 Loan Park West Village 9,093,534 8,731,557 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
9 Loan JW Marriott Chicago 50,428,490 20,511,003 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
10 Loan Center 78 2,970,656 1,386,818 GSK 147,411 39.6% 2/28/2027 EMC 81,683 21.9% 9/30/2020 Fiserv 40,394 10.8%
11 Loan Great Valley Commerce Center 3,770,458 5,256,118 DaVita 153,746 43.2% 1/31/2027 Unisys Corporation 141,938 39.8% 12/31/2020 HERE Holdings Inc./Bio Telemetry 60,539 17.0%
12 Loan IC Leased Fee Hotel Portfolio N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
12.01 Property Radisson Paper Valley N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
12.02 Property City Place Downtown St. Louis N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
12.03 Property Radisson Albany N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
12.04 Property Radisson Cromwell N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
12.05 Property Radisson Cheyenne N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
12.06 Property Radisson High Point N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
12.07 Property Radisson Billings N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
13 Loan The District 2,751,910 7,196,612 MegaPlex Theaters 141,400 23.1% 5/31/2021 Harmons 65,000 10.6% 11/30/2026 Hobby Lobby 55,000 9.0%
14 Loan Younique HQ Building N/A N/A Younique, LLC 125,000 100.0% 6/30/2026 N/A N/A N/A N/A N/A N/A N/A
15 Loan Azusa Center 289,765 1,279,525 Stater Bros Markets 25,565 35.9% 9/30/2020 Marie Callender 8,827 12.4% 7/31/2024 Man H. Han & Becky LY 2,310 3.2%
16 Loan Crowne Plaza Memphis Downtown 5,201,010 1,966,453 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
17 Loan Four Points - Charleston 4,161,384 1,839,131 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
18 Loan Holiday Inn Downtown Raleigh 4,370,769 2,092,374 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
19 Loan Homewood Suites Oakland Waterfront 4,365,094 2,222,468 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
20 Loan Allen Park Industrial 1,767,038 1,635,880 Roush Holdings LLC 716,252 88.4% 8/21/2021 (582,907 Sq. Ft.); 2/28/2021 (133,345 Sq. Ft.) City of Allen Park 32,524 4.0% 4/19/2018 N/A N/A N/A
21 Loan MVP Houston Portfolio N/A N/A iPark Services, LLC 528 100.0% 7/31/2027 N/A N/A N/A N/A N/A N/A N/A
21.01 Property Preston Street Garage N/A N/A iPark Services, LLC 500 100.0% 7/31/2027 N/A N/A N/A N/A N/A N/A N/A
21.02 Property Congress Street Parking Lot N/A N/A iPark Services, LLC 28 100.0% 7/31/2027 N/A N/A N/A N/A N/A N/A N/A
22 Loan Canterbury Apartments 1,337,655 988,315 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
23 Loan Hampton Inn & Suites Williamsburg Historic District 1,760,249 1,284,660 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
24 Loan Five Seasons MHC 735,363 575,512 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
25 Loan Bolingbrook Logistics Center 38,276 739,486 YRC Freight 42,350 100.0% 2/28/2022 N/A N/A N/A N/A N/A N/A N/A
26 Loan Carneros Self Storage Park 327,811 584,453 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
27 Loan 1500 South Second Street 38,938 829,640 Nooter Construction Company 85,280 100.0% 06/30/2022 N/A N/A N/A N/A N/A N/A N/A
28 Loan Two Rivers MHC 216,222 472,661 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
29 Loan West Carmel Shoppes 250,249 576,479 Mattress Firm 4,682 14.8% 12/31/2022 Vision Works 3,946 12.5% 1/31/2024 Aveda Salon 3,945 12.5%
30 Loan Nadlan Industrial Portfolio 141,233 703,374 Various Various N/A Various N/A N/A N/A N/A N/A N/A N/A
30.01 Property Prezio Healthcare 113,703 334,159 Prezio Health, Inc. 39,453 100.0% 9/30/2021 N/A N/A N/A N/A N/A N/A N/A
30.02 Property UATC 14,827 201,259 UATC, LLC 22,934 100.0% 2/28/2022 N/A N/A N/A N/A N/A N/A N/A
30.03 Property Enersys 12,703 167,955 EnerSys 19,773 100.0% 3/31/2026 N/A N/A N/A N/A N/A N/A N/A
31 Loan Walmart Plaza 159,067 590,347 Dollar Tree 6,000 13.1% 09/30/2018 The Shoe Dept. 6,000 13.1% 11/30/2019 Hibbett Sporting Goods 5,510 12.0%
32 Loan North Parkway Mini Storage 293,227 500,536 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
33 Loan South Park Shopping Center 227,817 486,644 Food Lion 35,552 31.6% 01/31/2026 Safari Nation 16,294 14.5% 09/01/2027 Lets Pet 10,706 9.5%
34 Loan La Quinta Inn & Suites Fayetteville N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
35 Loan Redlands University Plaza 278,224 383,832 Redlands Ranch Market 21,000 33.9% 4/30/2021 YMCA 10,000 16.1% 11/30/2019 Clinic-County of San Bernardino 5,880 9.5%
36 Loan Westar MHC 436,792 312,458 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
37 Loan La Quinta Fort Worth 846,296 534,605 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
38 Loan Shops at Oro Vista 148,234 289,046 Centre Stage Dance Studio 3,934 15.9% 5/31/2021 Northwest Allied Physicians 3,844 15.6% 8/31/2023 Broker Solutions, Inc. 2,736 11.1%
39 Loan 5544 Greenwich Road 434,659 342,890 MEDICAL CENTER RADIO 8,422 18.0% 12/31/2020 Gentiva Certified HealthCare Corp. 8,096 17.3% 07/31/2021 L3 Advisory, LLC 7,950 17.0%
40 Loan Sunrise Apartments 291,873 262,200 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
41 Loan Woodville Plaza Apartments 361,390 231,128 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
42 Loan Clay Plaza 149,701 156,825 Winn Dixie 45,230 73.0% 1/6/2022 Workout Anytime 8,450 13.6% 8/27/2027 Luca D., Inc. 2,285 3.7%

 

 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                                 
Mortgage Loan Number Property Flag Property Name Third Largest Tenant Exp. Date(2) Fourth Largest Tenant Name Fourth Largest Tenant Sq. Ft. Fourth Largest Tenant % of NRA Fourth Largest Tenant Exp. Date(2) Fifth Largest Tenant Name(11) Fifth Largest Tenant Sq. Ft. Fifth Largest Tenant % of NRA Fifth Largest Tenant Exp. Date(2) Engineering Report Date Environmental Report Date (Phase I)(15) Environmental Report Date (Phase II)(15) Seismic Report Date Seismic PML %
1 Loan Ionis Pharmaceuticals - Gazelle Ct N/A N/A N/A N/A N/A N/A N/A N/A N/A 7/12/2017 7/12/2017 N/A 7/12/2017 5.0%
2 Loan Del Amo Fashion Center 04/30/2027 AMC Theatres 76,800 4.3% 09/30/2021 Burlington Coat Factory 60,000 3.4% 01/31/2025 04/20/2017 04/17/2017 N/A 04/14/2017 12.0%
3 Loan TZA Multifamily Portfolio I N/A N/A N/A N/A N/A N/A N/A N/A N/A Various Various N/A N/A N/A
3.01 Property Rolling Hills N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/18/2017 5/15/2017 N/A N/A N/A
3.02 Property Lakeland Manor N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/18/2017 5/17/2017 N/A N/A N/A
3.03 Property Kings Trail N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/18/2017 5/16/2017 N/A N/A N/A
3.04 Property Bella Mar N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/18/2017 05/11/2017 N/A N/A N/A
3.05 Property Del Rio N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/18/2017 5/17/2017 N/A N/A N/A
3.06 Property Timberfalls N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/18/2017 5/18/2017 N/A N/A N/A
3.07 Property Jacksonville Heights N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/18/2017 5/16/2017 N/A N/A N/A
3.08 Property Lago Bello N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/18/2017 5/16/2017 N/A N/A N/A
3.09 Property North Washington N/A N/A N/A N/A N/A N/A N/A N/A N/A 6/9/2017 6/9/2017 N/A N/A N/A
3.10 Property Tanglewood N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/18/2017 5/17/2017 N/A N/A N/A
3.11 Property Mount Dora N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/18/2017 5/15/2017 N/A N/A N/A
3.12 Property Brandywyne N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/18/2017 05/11/2017 N/A N/A N/A
3.13 Property The Landings N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/18/2017 5/12/2017 N/A N/A N/A
3.14 Property Country Place N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/18/2017 5/17/2017 N/A N/A N/A
4 Loan American Cancer Society Center 4/30/2020 Georgia Lottery Corporation 101,805 10.3% 6/30/2023 Level 3 Communications 49,313 5.0% 12/31/2024 (34,464 Sq. Ft.); 3/31/2020 (14,849 Sq. Ft.) 5/26/2017 4/28/2017 N/A N/A N/A
5 Loan Embassy Suites - Santa Ana N/A N/A N/A N/A N/A N/A N/A N/A N/A 06/16/2017 06/16/2017 N/A 06/15/2017 15.0%
6 Loan 245 Park Avenue 10/31/2022 Angelo, Gordon & Co., L.P. 113,405 6.6% 5/31/2026 Rabobank Nederland 109,657 6.4% 9/30/2026 04/20/2017 04/19/2017 N/A N/A N/A
7 Loan OKC Outlets 1/31/2022 Polo Ralph Lauren 10,191 2.6% 8/31/2021 Columbia Sportswear 8,532 2.2% 1/31/2023 3/14/2017 3/3/2017 N/A N/A N/A
8 Loan Park West Village N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/11/2017 5/15/2017 N/A N/A N/A
9 Loan JW Marriott Chicago N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/12/2017 5/12/2017 N/A N/A N/A
10 Loan Center 78 7/31/2024 Continental Casualty Co. 25,207 6.8% 6/30/2024 Bellerophon Therapeutics, Inc. 21,845 5.9% 3/31/2023 6/23/2017 6/22/2017 N/A N/A N/A
11 Loan Great Valley Commerce Center 3/31/2021 N/A N/A N/A N/A N/A N/A N/A N/A 5/19/2017 5/26/2017 N/A N/A N/A
12 Loan IC Leased Fee Hotel Portfolio N/A N/A N/A N/A N/A N/A N/A N/A N/A Various 4/4/2017 N/A N/A N/A
12.01 Property Radisson Paper Valley N/A N/A N/A N/A N/A N/A N/A N/A N/A 4/4/2017 4/4/2017 N/A N/A N/A
12.02 Property City Place Downtown St. Louis N/A N/A N/A N/A N/A N/A N/A N/A N/A 4/4/2017 4/4/2017 N/A N/A N/A
12.03 Property Radisson Albany N/A N/A N/A N/A N/A N/A N/A N/A N/A 4/4/2017 4/4/2017 N/A N/A N/A
12.04 Property Radisson Cromwell N/A N/A N/A N/A N/A N/A N/A N/A N/A 4/4/2017 4/4/2017 N/A N/A N/A
12.05 Property Radisson Cheyenne N/A N/A N/A N/A N/A N/A N/A N/A N/A 4/4/2017 4/4/2017 N/A N/A N/A
12.06 Property Radisson High Point N/A N/A N/A N/A N/A N/A N/A N/A N/A 4/6/2017 4/4/2017 N/A N/A N/A
12.07 Property Radisson Billings N/A N/A N/A N/A N/A N/A N/A N/A N/A 4/4/2017 4/4/2017 N/A N/A N/A
13 Loan The District 5/31/2027 Gordmans 50,631 8.3% 9/30/2022 Ross 30,080 4.9% 1/31/2023 7/11/2017 7/11/2017 N/A 7/11/2017 4.0%
14 Loan Younique HQ Building N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/15/2017 5/15/2017 N/A 5/17/2017 7.0%
15 Loan Azusa Center 2/29/2020 Jaeyong Cho 2,250 3.2% 12/31/2021 Thewodros Woldegiorgis 2,249 3.2% 4/30/2021 6/2/2017 6/1/2017 N/A 6/2/2017 16.0%
16 Loan Crowne Plaza Memphis Downtown N/A N/A N/A N/A N/A N/A N/A N/A N/A 4/19/2017 4/19/2017 N/A 4/24/2017 16.0%
17 Loan Four Points - Charleston N/A N/A N/A N/A N/A N/A N/A N/A N/A 6/2/2017 6/12/2017 N/A N/A N/A
18 Loan Holiday Inn Downtown Raleigh N/A N/A N/A N/A N/A N/A N/A N/A N/A 3/30/2017 3/30/2017 N/A N/A N/A
19 Loan Homewood Suites Oakland Waterfront N/A N/A N/A N/A N/A N/A N/A N/A N/A 04/14/2017 04/14/2017 N/A 04/14/2017 15.0%
20 Loan Allen Park Industrial N/A N/A N/A N/A N/A N/A N/A N/A N/A 3/22/2017 3/22/2017 N/A N/A N/A
21 Loan MVP Houston Portfolio N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/9/2017 5/9/2017 N/A N/A N/A
21.01 Property Preston Street Garage N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/9/2017 5/9/2017 N/A N/A N/A
21.02 Property Congress Street Parking Lot N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/9/2017 5/9/2017 N/A N/A N/A
22 Loan Canterbury Apartments N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/26/2017 7/5/2017 N/A N/A N/A
23 Loan Hampton Inn & Suites Williamsburg Historic District N/A N/A N/A N/A N/A N/A N/A N/A N/A 06/13/2017 06/13/2017 N/A N/A N/A
24 Loan Five Seasons MHC N/A N/A N/A N/A N/A N/A N/A N/A N/A 6/28/2017 6/28/2017 N/A N/A N/A
25 Loan Bolingbrook Logistics Center N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/9/2017 5/9/2017 N/A N/A N/A
26 Loan Carneros Self Storage Park N/A N/A N/A N/A N/A N/A N/A N/A N/A 6/16/2017 6/16/2017 N/A 6/16/2017 10.0%
27 Loan 1500 South Second Street N/A N/A N/A N/A N/A N/A N/A N/A N/A 06/23/2017 06/23/2017 N/A N/A N/A
28 Loan Two Rivers MHC N/A N/A N/A N/A N/A N/A N/A N/A N/A 6/6/2017 6/5/2017 N/A N/A N/A
29 Loan West Carmel Shoppes 1/31/2018 New Balance Carmel 3,147 10.0% 6/30/2019 Neal Family Dentistry 2,348 7.4% 5/31/2022 3/9/2017 3/10/2017 N/A N/A N/A
30 Loan Nadlan Industrial Portfolio N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/2/2017 5/2/2017 N/A N/A N/A
30.01 Property Prezio Healthcare N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/2/2017 5/2/2017 N/A N/A N/A
30.02 Property UATC N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/2/2017 5/2/2017 N/A N/A N/A
30.03 Property Enersys N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/2/2017 5/2/2017 N/A N/A N/A
31 Loan Walmart Plaza 10/31/2019 Lucky Village 5,000 10.9% 09/30/2019 Rent-A-Center 4,640 10.1% 02/28/2022 06/13/2017 06/14/2017 N/A N/A N/A
32 Loan North Parkway Mini Storage N/A N/A N/A N/A N/A N/A N/A N/A N/A 4/19/2017 4/19/2017 N/A N/A N/A
33 Loan South Park Shopping Center 05/07/2019 Family Dollar 8,470 7.5% 12/31/2020 Sweep Stakes 2,400 2.1% 10/31/2018 06/16/2017 06/23/2017 N/A N/A N/A
34 Loan La Quinta Inn & Suites Fayetteville N/A N/A N/A N/A N/A N/A N/A N/A N/A 05/23/2017 05/24/2017 N/A N/A N/A
35 Loan Redlands University Plaza 6/30/2019 Uncle Howies Restaurant 4,800 7.7% 11/30/2025 WIC- County of San Bernardino 3,000 4.8% 8/31/2019 4/7/2017 4/7/2017 5/9/2017 4/10/2017 22.0%
36 Loan Westar MHC N/A N/A N/A N/A N/A N/A N/A N/A N/A 6/27/2017 6/28/2017 N/A N/A N/A
37 Loan La Quinta Fort Worth N/A N/A N/A N/A N/A N/A N/A N/A N/A 05/31/2017 05/31/2017 N/A N/A N/A
38 Loan Shops at Oro Vista 4/30/2021 Noble Hops 2,560 10.4% 12/31/2024 GMG Chinese Bistro 2,477 10.0% 5/31/2022 4/26/2017 4/26/2017 N/A N/A N/A
39 Loan 5544 Greenwich Road 12/31/2024 Sullivan, Andrews & Taylor, P.C. 7,158 15.3% 08/31/2019 Odyssey Healthcare Operating B, LP 5,501 11.8% 04/30/2021 07/06/2017 07/05/2017 N/A N/A N/A
40 Loan Sunrise Apartments N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/16/2017 5/12/2017 N/A N/A N/A
41 Loan Woodville Plaza Apartments N/A N/A N/A N/A N/A N/A N/A N/A N/A 6/7/2017 6/7/2017 N/A N/A N/A
42 Loan Clay Plaza 8/31/2020 Discover Family Chiropractic 2,160 3.5% 10/31/2018 One Stop Liquor 2 1,899 3.1% 8/31/2020 10/25/2016 10/25/2016 N/A N/A N/A

 

 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                       
Mortgage Loan Number Property Flag Property Name Loan Purpose Engineering Reserve / Deferred Maintenance Initial Tax Reserve Monthly Tax Reserve Initial Insurance Reserve Monthly Insurance Reserve Initial Replacement Reserve Monthly Replacement Reserve(14) Replacement Reserve Cap
1 Loan Ionis Pharmaceuticals - Gazelle Ct Acquisition               N/A
2 Loan Del Amo Fashion Center Refinance               N/A
3 Loan TZA Multifamily Portfolio I Refinance 904,090 1,033,388 114,695 845,916 93,991 2,095,910 Commencing on each Payment Date through and including July 1, 2020, the Borrower will deposit $124,784 per month with the Lender for costs related to capital expenditures; Commencing on each Payment Date, Borrower will deposit $49,625 per month for any additional capital expenditures through the term of the loan N/A
3.01 Property Rolling Hills                  
3.02 Property Lakeland Manor                  
3.03 Property Kings Trail                  
3.04 Property Bella Mar                  
3.05 Property Del Rio                  
3.06 Property Timberfalls                  
3.07 Property Jacksonville Heights                  
3.08 Property Lago Bello                  
3.09 Property North Washington                  
3.10 Property Tanglewood                  
3.11 Property Mount Dora                  
3.12 Property Brandywyne                  
3.13 Property The Landings                  
3.14 Property Country Place                  
4 Loan American Cancer Society Center Acquisition   1,779,586 177,959 40,976 10,244 2,000,000 20,511 738,396
5 Loan Embassy Suites - Santa Ana Refinance 38,217 151,879 30,376 13,811 13,811   53,352 N/A
6 Loan 245 Park Avenue Acquisition     3,878,518 227,000 113,500 47,738 47,738 N/A
7 Loan OKC Outlets Acquisition   511,766 102,353 14,559 14,559   8,213 295,685
8 Loan Park West Village Refinance   720,736 360,368 292,923 23,248   17,750 N/A
9 Loan JW Marriott Chicago Refinance 13,554 223,974 223,974 198,332 24,791      
10 Loan Center 78 Refinance 7,975 55,238 55,238 56,892 5,172   8,075 N/A
11 Loan Great Valley Commerce Center Acquisition     60,505 18,917 6,306 7,407 7,407 266,643
12 Loan IC Leased Fee Hotel Portfolio Refinance 1,140,575             N/A
12.01 Property Radisson Paper Valley                  
12.02 Property City Place Downtown St. Louis                  
12.03 Property Radisson Albany                  
12.04 Property Radisson Cromwell                  
12.05 Property Radisson Cheyenne                  
12.06 Property Radisson High Point                  
12.07 Property Radisson Billings                  
13 Loan The District Refinance   1,050,277 99,083 84,938 8,848   7,520 N/A
14 Loan Younique HQ Building Refinance   81,938 9,104 9,288 3,096 2,083 2,083 75,000
15 Loan Azusa Center Refinance 117,631 46,048 11,512     1,363 1,363 45,000
16 Loan Crowne Plaza Memphis Downtown Refinance   69,764 13,288 18,888 5,996   28,354 N/A
17 Loan Four Points - Charleston Refinance     26,001     15,508 15,508 N/A
18 Loan Holiday Inn Downtown Raleigh Refinance   107,060 9,733 28,973 5,795   24,567 N/A
19 Loan Homewood Suites Oakland Waterfront Refinance   214,620 17,885 28,240 4,707   22,921 N/A
20 Loan Allen Park Industrial Refinance 47,875             N/A
21 Loan MVP Houston Portfolio Refinance 487,563 112,036 16,005     1,058 1,058 N/A
21.01 Property Preston Street Garage                  
21.02 Property Congress Street Parking Lot                  
22 Loan Canterbury Apartments Refinance 43,406 136,963 15,926 115,407 13,841   10,250 615,000
23 Loan Hampton Inn & Suites Williamsburg Historic District Refinance   17,400 2,925 6,333 3,166   10,093 N/A
24 Loan Five Seasons MHC Refinance 258,750 95,179 15,863   1,972 1,625 1,625 N/A
25 Loan Bolingbrook Logistics Center Refinance   53,023 13,256 4,719 944 882 882 N/A
26 Loan Carneros Self Storage Park Refinance   15,457 2,944 2,034 969   963 N/A
27 Loan 1500 South Second Street Refinance             711 N/A
28 Loan Two Rivers MHC Refinance   77,378 8,598 19,952 3,637 6,500   N/A
29 Loan West Carmel Shoppes Refinance   12,001 12,001     683 683 24,602
30 Loan Nadlan Industrial Portfolio Refinance           2,051 2,051 123,070
30.01 Property Prezio Healthcare                  
30.02 Property UATC                  
30.03 Property Enersys                  
31 Loan Walmart Plaza Refinance 29,250 31,630 3,514 4,418 1,105   1,186 71,161
32 Loan North Parkway Mini Storage Refinance   25,796 3,225 15,417 1,818 1,273 1,273 N/A
33 Loan South Park Shopping Center Refinance   76,424 8,492 2,830 1,415 142,875 2,342 N/A
34 Loan La Quinta Inn & Suites Fayetteville Refinance 8,813 23,800 2,164 24,420 2,035   Commencing on 9/1/2019, the Borrower will deposit monthly contributions to the FF&E reserve in the amount of 4% of total property revenues. N/A
35 Loan Redlands University Plaza Refinance   25,365 8,455 4,114 4,114   1,963 N/A
36 Loan Westar MHC Refinance   28,366 7,092   783 821 821 N/A
37 Loan La Quinta Fort Worth Refinance 7,000 61,154 7,644 3,243 1,622   4,953 N/A
38 Loan Shops at Oro Vista Refinance 72,420 11,448 3,816 384 145 411 411 24,672
39 Loan 5544 Greenwich Road Refinance   20,000 5,000 4,284 476 125,000 973 N/A
40 Loan Sunrise Apartments Refinance 5,875 15,464 1,841 23,826 2,269   2,100 126,000
41 Loan Woodville Plaza Apartments Refinance   29,820 3,467 25,056 3,297   2,400 N/A
42 Loan Clay Plaza Refinance 52,350 21,649 3,093 11,047 2,209 1,033 1,033 61,980

 

 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                     
Mortgage Loan Number Property Flag Property Name Initial TI/LC Reserve Monthly TI/LC Reserve(14) TI/LC Reserve Cap(21) Other Reserve Reserve Description Initial Other Reserve Monthly Other Reserve(14) Other Reserve Cap Ownership Interest(8)(9)
1 Loan Ionis Pharmaceuticals - Gazelle Ct     N/A N/A     N/A Fee Simple
2 Loan Del Amo Fashion Center     N/A Outstanding TI/LC Reserve ($7,242,346); Gap Rent Reserve ($828,894) 8,071,240   N/A Fee Simple
3 Loan TZA Multifamily Portfolio I     N/A N/A     N/A Fee Simple
3.01 Property Rolling Hills               Fee Simple
3.02 Property Lakeland Manor               Fee Simple
3.03 Property Kings Trail               Fee Simple
3.04 Property Bella Mar               Fee Simple
3.05 Property Del Rio               Fee Simple
3.06 Property Timberfalls               Fee Simple
3.07 Property Jacksonville Heights               Fee Simple
3.08 Property Lago Bello               Fee Simple
3.09 Property North Washington               Fee Simple
3.10 Property Tanglewood               Fee Simple
3.11 Property Mount Dora               Fee Simple
3.12 Property Brandywyne               Fee Simple
3.13 Property The Landings               Fee Simple
3.14 Property Country Place               Fee Simple
4 Loan American Cancer Society Center 2,000,000 61,534 3,692,040 Free Rent Reserve 935,390   N/A Fee Simple
5 Loan Embassy Suites - Santa Ana     N/A Outstanding PIP Reserve 2,577,966   N/A Fee Simple
6 Loan 245 Park Avenue     N/A Outstanding TI/LC Reserve ($10,298,441); MIO Partners Free Rent Reserve ($1,133,167) 11,431,608   N/A Fee Simple
7 Loan OKC Outlets   41,067 N/A Capital Improvements Reserve ($2,250,000); TI Reserve Account ($527,386.16); Rent Concession Reserve ($148,809.58) 2,926,196   N/A Fee Simple
8 Loan Park West Village     N/A Renovation/Tenant Buyout Reserve Fund ($2,250,000); Debt Service Shortfall Reserve Funds ($700,000) 2,950,000   N/A Fee Simple
9 Loan JW Marriott Chicago     N/A Seasonal Reserve 2,000,000 500,000 N/A Fee Simple
10 Loan Center 78 700,000 31,056 N/A N/A     N/A Fee Simple
11 Loan Great Valley Commerce Center 44,528 44,528 1,603,004 N/A     N/A Fee Simple
12 Loan IC Leased Fee Hotel Portfolio     N/A Cromwell Environmental Reserve ($230,862); PIP Reserve ($2,802,939.93) 3,033,802   N/A Fee Simple
12.01 Property Radisson Paper Valley               Fee Simple
12.02 Property City Place Downtown St. Louis               Fee Simple
12.03 Property Radisson Albany               Fee Simple
12.04 Property Radisson Cromwell               Fee Simple
12.05 Property Radisson Cheyenne               Fee Simple
12.06 Property Radisson High Point               Fee Simple
12.07 Property Radisson Billings               Fee Simple
13 Loan The District 1,500,000   1,000,000 Unfunded Tenant Obligations Reserve Funds 383,836   N/A Fee Simple
14 Loan Younique HQ Building 8,850 8,850 2,337,500 N/A     2,337,500 Fee Simple
15 Loan Azusa Center 7,113 7,113 256,065 Existing TI Lease Reserve Fund 44,375   N/A Fee Simple
16 Loan Crowne Plaza Memphis Downtown     N/A PIP Reserve ($120,000) 120,000 $4,260.20 on each payment date from July through December of 2017; an amount equal to the quotient of dividing the Seasonality Reserve Aggregate Shortfall by 11 on each payment date from February through December commencing in 2018. N/A Fee Simple
17 Loan Four Points - Charleston     N/A N/A     An Amount Sufficient to sustain a DSCR of 1.00x T3 Fee Simple
18 Loan Holiday Inn Downtown Raleigh     N/A DSCR Cash Collateral Reserve     N/A Fee Simple
19 Loan Homewood Suites Oakland Waterfront     N/A PIP Reserve 560,330   N/A Leasehold
20 Loan Allen Park Industrial     N/A N/A     N/A Fee Simple
21 Loan MVP Houston Portfolio     N/A N/A     N/A Fee Simple
21.01 Property Preston Street Garage               Fee Simple
21.02 Property Congress Street Parking Lot               Fee Simple
22 Loan Canterbury Apartments     N/A N/A     N/A Fee Simple
23 Loan Hampton Inn & Suites Williamsburg Historic District     N/A N/A     N/A Fee Simple
24 Loan Five Seasons MHC     N/A N/A     N/A Fee Simple
25 Loan Bolingbrook Logistics Center 3,529 3,529 211,750 N/A     N/A Fee Simple
26 Loan Carneros Self Storage Park     N/A N/A     N/A Fee Simple
27 Loan 1500 South Second Street   2,132 N/A N/A     N/A Fee Simple
28 Loan Two Rivers MHC     N/A N/A     N/A Fee Simple
29 Loan West Carmel Shoppes 100,000 3,154 151,397 N/A     N/A Fee Simple
30 Loan Nadlan Industrial Portfolio 103,421 3,421 246,294 N/A     N/A Fee Simple
30.01 Property Prezio Healthcare               Fee Simple
30.02 Property UATC               Fee Simple
30.03 Property Enersys               Fee Simple
31 Loan Walmart Plaza   2,678 160,685 N/A     N/A Fee Simple
32 Loan North Parkway Mini Storage     N/A N/A     N/A Fee Simple
33 Loan South Park Shopping Center   5,000 225,000 Safari Nation Rent Reserve 20,368   N/A Fee Simple
34 Loan La Quinta Inn & Suites Fayetteville     N/A N/A     N/A Fee Simple
35 Loan Redlands University Plaza 75,000 3,874 210,000 Junior Anchor Reserve 90,000   N/A Fee Simple
36 Loan Westar MHC     N/A N/A     N/A Fee Simple
37 Loan La Quinta Fort Worth     N/A N/A     N/A Fee Simple
38 Loan Shops at Oro Vista 175,000 2,673 239,147 N/A     N/A Fee Simple
39 Loan 5544 Greenwich Road   3,893 N/A Free Rent Reserve 59,625   N/A Leasehold
40 Loan Sunrise Apartments     N/A N/A     N/A Fee Simple
41 Loan Woodville Plaza Apartments     N/A N/A     N/A Fee Simple
42 Loan Clay Plaza 25,000 2,271 N/A Rent Holdback Reserve ($18,351); Workout Anytime TILC Reserve ($115,750) 134,101   N/A Fee Simple

 

 

 

  

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                               
Mortgage Loan Number Property Flag Property Name Ground Lease Initial Expiration Date(9) Ground Lease Extension Options(9) Lockbox(20) Cash Management(19) Cut-off Date Pari Passu Mortgage Debt Balance Cut-off Date Subord. Mortgage Debt Balance Total Mortgage Debt Cut-off Date LTV Ratio Total Mortgage Debt UW NCF DSCR Total Mortgage Debt UW NOI Debt Yield Cut-off Date Mezzanine Debt Balance(16) Total Debt Cut-off Date LTV Ratio Total Debt UW NCF DSCR Total Debt UW NOI Debt Yield
1 Loan Ionis Pharmaceuticals - Gazelle Ct N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
2 Loan Del Amo Fashion Center N/A N/A Hard Springing 409,300,000 125,700,000 50.6% 2.63 10.1% N/A N/A N/A N/A
3 Loan TZA Multifamily Portfolio I N/A N/A Soft Springing 58,000,000 N/A N/A N/A N/A N/A N/A N/A N/A
3.01 Property Rolling Hills N/A N/A                      
3.02 Property Lakeland Manor N/A N/A                      
3.03 Property Kings Trail N/A N/A                      
3.04 Property Bella Mar N/A N/A                      
3.05 Property Del Rio N/A N/A                      
3.06 Property Timberfalls N/A N/A                      
3.07 Property Jacksonville Heights N/A N/A                      
3.08 Property Lago Bello N/A N/A                      
3.09 Property North Washington N/A N/A                      
3.10 Property Tanglewood N/A N/A                      
3.11 Property Mount Dora N/A N/A                      
3.12 Property Brandywyne N/A N/A                      
3.13 Property The Landings N/A N/A                      
3.14 Property Country Place N/A N/A                      
4 Loan American Cancer Society Center N/A N/A Hard Springing 73,200,000 N/A N/A N/A N/A N/A N/A N/A N/A
5 Loan Embassy Suites - Santa Ana N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
6 Loan 245 Park Avenue N/A N/A Hard Springing 1,042,000,000 120,000,000 54.3% 2.45 9.6% 568,000,000 80.0% 1.42 0
7 Loan OKC Outlets N/A N/A Hard Springing 49,500,000 N/A N/A N/A N/A N/A N/A N/A N/A
8 Loan Park West Village N/A N/A Soft Springing 90,000,000 18,750,000 23.1% 3.44 10.4% 186,250,000 54.2% 1.07 0
9 Loan JW Marriott Chicago N/A N/A Hard In Place 50,800,000 124,200,000 54.9% 1.92 10.4% 66,500,000 72.9% 1.26 0
10 Loan Center 78 N/A N/A Hard In Place 35,863,277 4,936,723 72.6% 1.45 9.2% 11,900,000 85.1% 1.08 0
11 Loan Great Valley Commerce Center N/A N/A Hard Springing 21,525,000 N/A N/A N/A N/A 5,000,000 73.8% 1.34 0
12 Loan IC Leased Fee Hotel Portfolio N/A N/A Hard In Place 35,465,000 N/A N/A N/A N/A N/A N/A N/A N/A
12.01 Property Radisson Paper Valley N/A N/A                      
12.02 Property City Place Downtown St. Louis N/A N/A                      
12.03 Property Radisson Albany N/A N/A                      
12.04 Property Radisson Cromwell N/A N/A                      
12.05 Property Radisson Cheyenne N/A N/A                      
12.06 Property Radisson High Point N/A N/A                      
12.07 Property Radisson Billings N/A N/A                      
13 Loan The District N/A N/A Hard Springing 55,000,000 N/A N/A N/A N/A N/A N/A N/A N/A
14 Loan Younique HQ Building N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
15 Loan Azusa Center N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
16 Loan Crowne Plaza Memphis Downtown N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
17 Loan Four Points - Charleston N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
18 Loan Holiday Inn Downtown Raleigh N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
19 Loan Homewood Suites Oakland Waterfront 1/31/2052 No Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
20 Loan Allen Park Industrial N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
21 Loan MVP Houston Portfolio N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
21.01 Property Preston Street Garage N/A N/A                      
21.02 Property Congress Street Parking Lot N/A N/A                      
22 Loan Canterbury Apartments N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
23 Loan Hampton Inn & Suites Williamsburg Historic District N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
24 Loan Five Seasons MHC N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
25 Loan Bolingbrook Logistics Center N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
26 Loan Carneros Self Storage Park N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
27 Loan 1500 South Second Street N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
28 Loan Two Rivers MHC N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
29 Loan West Carmel Shoppes N/A N/A Soft Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
30 Loan Nadlan Industrial Portfolio N/A N/A Soft Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
30.01 Property Prezio Healthcare N/A N/A                      
30.02 Property UATC N/A N/A                      
30.03 Property Enersys N/A N/A                      
31 Loan Walmart Plaza N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
32 Loan North Parkway Mini Storage N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
33 Loan South Park Shopping Center N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
34 Loan La Quinta Inn & Suites Fayetteville N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
35 Loan Redlands University Plaza N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
36 Loan Westar MHC N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
37 Loan La Quinta Fort Worth N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
38 Loan Shops at Oro Vista N/A N/A Soft Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
39 Loan 5544 Greenwich Road 4/30/2048 No Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
40 Loan Sunrise Apartments N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
41 Loan Woodville Plaza Apartments N/A N/A Soft Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A
42 Loan Clay Plaza N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A

 

 
 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                 
Mortgage Loan Number Property Flag Property Name Future Subordinate Debt Permitted(17) Future Subordinate Debt Type(17) Future Subordinate Debt Amount Permitted(17) Sponsor Guarantor Affiliated Sponsors
1 Loan Ionis Pharmaceuticals - Gazelle Ct No N/A N/A Ionis Pharmaceuticals, Inc. Ionis Pharmaceuticals, Inc. No
2 Loan Del Amo Fashion Center No N/A N/A Simon Property Group, L.P.; Commingled Pension Trust Fund (Strategic Property) of JPMorgan Chase Bank, N.A. Simon Property Group, L.P. No
3 Loan TZA Multifamily Portfolio I No N/A N/A Adam Hendry Adam Hendry No
3.01 Property Rolling Hills            
3.02 Property Lakeland Manor            
3.03 Property Kings Trail            
3.04 Property Bella Mar            
3.05 Property Del Rio            
3.06 Property Timberfalls            
3.07 Property Jacksonville Heights            
3.08 Property Lago Bello            
3.09 Property North Washington            
3.10 Property Tanglewood            
3.11 Property Mount Dora            
3.12 Property Brandywyne            
3.13 Property The Landings            
3.14 Property Country Place            
4 Loan American Cancer Society Center No N/A N/A Carter Validus Operating Partnership II, LP Carter Validus Operating Partnership II, LP No
5 Loan Embassy Suites - Santa Ana No N/A N/A Patrick M. Nesbitt Family Trust; Patrick M. Nesbitt Patrick M. Nesbitt Family Trust; Patrick M. Nesbitt No
6 Loan 245 Park Avenue No N/A N/A HNA Group 181 West Madison Holding LLC No
7 Loan OKC Outlets No N/A N/A Singerman Real Estate SRE Opportunity Fund II, L.P.; SRE Opportunity Fund II-A, L.P. No
8 Loan Park West Village No N/A N/A The Chetrit Group LLC; Stellar Management LLC Jacob Chetrit; Laurence Gluck No
9 Loan JW Marriott Chicago No N/A N/A Lothar Estein Estein Holdings, Ltd. No
10 Loan Center 78 No N/A N/A Normandy Real Estate Fund II, LP; Greenfield Acquisition Partners VI, L.P.; GAP VI Parallel Partners, L.P. Normandy Real Estate Fund II, LP No
11 Loan Great Valley Commerce Center No N/A N/A Robert A. Connell Robert A. Connell No
12 Loan IC Leased Fee Hotel Portfolio No N/A N/A Joseph G. Gillespie, III Joseph G. Gillespie, III No
12.01 Property Radisson Paper Valley            
12.02 Property City Place Downtown St. Louis            
12.03 Property Radisson Albany            
12.04 Property Radisson Cromwell            
12.05 Property Radisson Cheyenne            
12.06 Property Radisson High Point            
12.07 Property Radisson Billings            
13 Loan The District No N/A N/A The Boyer Company, L.C.; Gardner Property Holdings, L.C.; Arbor Commercial Real Estate L.L.C. The Boyer Company, L.C.; Gardner Property Holdings, L.C.; Arbor Commercial Real Estate L.L.C. No
14 Loan Younique HQ Building No N/A N/A Stack Real Estate Andrew E. Bybee; Ronald S. Lindorf; John S. Petersen; Nathan W. Ricks No
15 Loan Azusa Center No N/A N/A JADE Enterprises, LLC Enayat Taban No
16 Loan Crowne Plaza Memphis Downtown Yes Mezzanine The Combined Loan-to-Value Ratio will not be greater than 57.6%; the Combined Debt Service Coverage Ratio will not be less than 1.85x; and the Combined Debt Yield will not be less than 13.4%. Richard C. Rashid; Leroy M. Rashid; R. Charles Rashid II Richard C. Rashid; Leroy M. Rashid; R. Charles Rashid II No
17 Loan Four Points - Charleston No N/A N/A BBL, LLC DRL, LLC No
18 Loan Holiday Inn Downtown Raleigh No N/A N/A InterAmerican Hotels Corp. InterAmerican Hotels Corp. No
19 Loan Homewood Suites Oakland Waterfront Yes Mezzanine (i) an aggregate LTV ratio no greater than 60.0%; (ii) an aggregate DSCR based on the TTM period greater than 2.02x; (iii)  an aggregate DY ratio equal to or greater than 15.9% John Pryor John Pryor No
20 Loan Allen Park Industrial No N/A N/A Time Equities; Francis Greenburger Francis Greenburger No
21 Loan MVP Houston Portfolio No N/A N/A MVP REIT II, Inc. MVP REIT II, Inc. No
21.01 Property Preston Street Garage            
21.02 Property Congress Street Parking Lot            
22 Loan Canterbury Apartments No N/A N/A F.G. Jack Bobo F.G. Jack Bobo No
23 Loan Hampton Inn & Suites Williamsburg Historic District No N/A N/A Pranav V. Patel; Ratnam V. Patel; Vijay N. Patel Pranav V. Patel; Ratnam V. Patel; Vijay N. Patel No
24 Loan Five Seasons MHC No N/A N/A James W. Soboleski; Benjamin Kadish James W. Soboleski; Benjamin Kadish Yes
25 Loan Bolingbrook Logistics Center No N/A N/A Champion Realty Advisors, LLC Thomas G. Barbera; Joseph D. Salazar; Jason M. West No
26 Loan Carneros Self Storage Park Yes Mezzanine The Combined Loan-to-Value Ratio will not be greater than 46.9%; the Combined Debt Service Coverage Ratio will not be less than 1.90x; and the Combined Debt Yield will not be less than 11.4%. Matthew N. Follett; Matthew N. Follett Separate Property Trust Matthew N. Follett; Matthew N. Follett Separate Property Trust No
27 Loan 1500 South Second Street No N/A N/A Sherwin Jarol Sherwin Jarol No
28 Loan Two Rivers MHC No N/A N/A Charles A. Ellis III Charles A. Ellis III No
29 Loan West Carmel Shoppes No N/A N/A Casto Ventures, Ltd. Columbus Realty Investments, Ltd. No
30 Loan Nadlan Industrial Portfolio No N/A N/A Dembs Development, Inc. Jeffrey Pitt; Ryan D. Dembs No
30.01 Property Prezio Healthcare            
30.02 Property UATC            
30.03 Property Enersys            
31 Loan Walmart Plaza No N/A N/A Gershon Bassman; E. Michael Loboda; Stephen Gary Darrison Gershon Bassman; E. Michael Loboda; Stephen Gary Darrison No
32 Loan North Parkway Mini Storage No N/A N/A Brown Holding Company, LLC Maurice J. Brown No
33 Loan South Park Shopping Center No N/A N/A Thomas Taft, Sr. Thomas Taft, Sr. No
34 Loan La Quinta Inn & Suites Fayetteville No N/A N/A Ramesh J. Patel; Ishver Govind;  Balubhai L. Patel Ramesh J. Patel; Ishver Govind;  Balubhai L. Patel No
35 Loan Redlands University Plaza No N/A N/A Yoon Ja Han Yoon J. Han No
36 Loan Westar MHC No N/A N/A James W. Soboleski; Benjamin Kadish James W. Soboleski; Benjamin Kadish Yes
37 Loan La Quinta Fort Worth No N/A N/A Nirmal N. Patel; BL Patel; Kishan Amin Nirmal N. Patel; BL Patel; Kishan Amin No
38 Loan Shops at Oro Vista No N/A N/A Norman Beznos and the Norman Beznos Revocable Trust Norman Beznos; Samuel Beznos, as trustee of the Norman Beznos Revocable Trust under the Norman Beznos Amended and Restated Revocable Trust Agreement dated November 28, 2001 No
39 Loan 5544 Greenwich Road No N/A N/A Thomas E. Robinson Thomas E. Robinson No
40 Loan Sunrise Apartments No N/A N/A Neville Isaacson; Clyde Isaacson; Lee Weisner Neville Isaacson; Clyde Isaacson; Lee Weisner No
41 Loan Woodville Plaza Apartments No N/A N/A Chaim Puretz Chaim Puretz No
42 Loan Clay Plaza No N/A N/A Victory Real Estate Investments, LLC Victory Real Estate Investments, LLC No

 

 

 

 

  UBS 2017-C3
  Footnotes to Annex A-1
   
(1) UBS AG, by and through its branch office at 1285 Avenue of the Americas, New York, New York ("UBS AG"), Société Générale ("SG"), KeyBank National Association ("KeyBank"), Natixis Real Estate Capital LLC (“Natixis”), Rialto Mortgage Finance, LLC (“RMF”).
   
(2) Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See "Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” for information regarding certain lease termination options affecting the 5 largest tenants at the Mortgaged Properties securing the 15 largest Mortgage Loans.
   
(3) Loan No. 6 – 245 Park Avenue - The Number of Units is based on 1,723,993 contractual SF for the 245 Park Avenue Property. In accordance with current Real Estate Board of New York standards, the remeasured net rentable SF for the 245 Park Avenue Property is 1,779,515 remeasured SF consisting of 1,720,136 remeasured SF of office space, 57,799 remeasured SF of retail space and 1,580 remeasured SF of lobby retail space. The 1,779,515 remeasured SF is the basis for future leasing at the 245 Park Avenue Property.
   
(4) The Original Balance and Cut-off Date Balance represent only the Mortgage Loan included in the issuing entity. 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 Cut-off Date Balance Per Unit/SF are calculated based on the Mortgage Loan included in the issuing entity and the related pari passu companion loans in the aggregate. For more information regarding the Mortgage Loans secured by the Mortgaged Properties identified under the column heading in this Annex A-1 as Del Amo Fashion Center, TZA Multifamily Portfolio I, American Cancer Society Center, 245 Park Avenue, OKC Outlets, Park West Village, JW Marriott Chicago, Center 78, Great Valley Commerce Center, and The District, see the charts titled “Whole Loan Summary” and “Whole Loan Control Notes and Non-Control Notes” in “Description of the Mortgage Pool—Additional Indebtedness—The Whole Loans” in the preliminary prospectus.
   
  Loan No. 12 – IC Leased Fee Hotel Portfolio – IC Leased Fee Hotel 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 Cut-off Date Balance Per Unit/SF are calculated based on the Mortgage Loan included in the issuing entity and the related initial funded pari passu companion loans in the aggregate. 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 Cut-off Date Balance Per Unit/SF based on the $77.345 million maximum fully funded loan amount are 1.58x, 1.58x, 77.5%, 77.5%, 8.0%, 8.0% and $3.44, respectively.
   
(5) Loan No. 42 – Clay Plaza - Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, and Appraised Value with respect to the Mortgage Loan Clay Plaza is based on the "As-Stabilized" value of $3.05 million as of September 6, 2017, which assumes the completion of tenant improvements to the Workout Anytime space. At origination, the borrower deposited $115,750 into a tenant improvement reserve to cover the cost of such Workout Anytime tenant improvements. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $2.85 million “As-Is” appraised value are 63.7% and 48.1%, respectively.

 

 

 

 

   
(6) Loan No. 2 – Del Amo Fashion Center – The lockout period for defeasance will be at least 26 payment dates beginning with and including the first payment date of July 1, 2017. Following the lockout period, the borrower has the right to defease the Del Amo Fashion Center Whole Loan in whole, but not in part, on any date before December 1, 2026. The lockout period will expire on the earlier to occur of (i) two years after the closing date of the securitization that includes the last note to be securitized or (ii) May 2, 2020. For the purposes of this preliminary prospectus, the assumed lockout period of 26 months is based on the expected UBS 2017-C3 securitization closing date in August 2017. The actual lockout period may be longer.
   
  Loan No. 3 – TZA Multifamily Portfolio I – The lockout period for defeasance will be at least 25 payment dates beginning with and including the first payment date of August 1, 2017. Following the lockout period, the borrower has the right to defease the TZA Multifamily Portfolio I Whole Loan in whole on any date before April 1, 2027. The lockout period will expire on the earlier to occur of (i) two years after the closing date of the securitization that includes the last note to be securitized or (ii) June 23, 2020. For the purposes of this preliminary prospectus, the assumed lockout period of 25 months is based on the expected UBS 2017-C3 securitization closing date in August 2017. The actual lockout period may be longer.
   
  Loan No. 4 – American Cancer Society Center - The lockout period for defeasance will be at least 25 payment dates beginning with and including the first payment date of August 1, 2017. Defeasance is permitted at any time after two years from the closing date of the securitization of the last American Cancer Society Whole Loan promissory note to be securitized.
   
  Loan No. 6 – 245 Park Avenue – The lockout period for defeasance will be at least 26 payment dates beginning with and including the first payment date of July 1, 2017. Following the lockout period, the borrower has the right to defease the 245 Park Avenue Whole Loan in whole, but not in part, on any date before March 1, 2027. The lockout period will expire on the earlier to occur of (i) two years after the closing date of the securitization that includes the last note to be securitized or (ii) July 1, 2020. For the purposes of this preliminary prospectus, the assumed lockout period of 26 months is based on the expected UBS 2017-C3 securitization closing date in August 2017. The actual lockout period may be longer.
   
  Loan No. 7 – OKC Outlets - The lockout period for defeasance will be at least 27 payment dates beginning with and including the first payment date of June 1, 2017. Defeasance is permitted at any time after two years from the closing date of the securitization of the last OKC Outlets Whole Loan promissory note to be securitized.
   
  Loan No. 8 – Park West Village – The Park West Village Whole Loan can be defeased at any time after the date that is two years after the closing date of the securitization that includes the last note to be securitized but prior to May 6, 2022.
   
  Loan No. 9 – JW Marriott Chicago – The lockout period for defeasance will be at least 24 payment dates beginning with and including the first payment date on September 5, 2017. Defeasance is permitted at any time after the earlier of (i) the fourth anniversary of the origination date of the JW Marriott Chicago Whole Loan or (ii) two years from the closing date of the securitization of the last JW Marriott Chicago Whole Loan promissory note to be securitized.
   
  Loan No. 10 – Center 78 – The lockout period for defeasance will be at least 24 payment dates beginning with and including the first payment date on September 7, 2017. Defeasance is permitted at any time after the earlier of (i) the fourth anniversary of the closing date of the Center 78 Whole Loan or (ii) two years from the closing date of the securitization of the last Center 78 Whole Loan promissory note to be securitized.

 

 

 

 

   
  Loan No. 11 – Great Valley Commerce Center - The defeasance lockout period will be at least 24 payment dates beginning with and including the first payment date of September 1, 2017. Defeasance is permitted at any time after two years from the closing date of the securitization of the last Great Valley Commerce Center Whole Loan promissory note to be securitized.
   
  Loan No. 12 – IC Leased Fee Hotel Portfolio – The lockout period will be at least 24 payment dates beginning with and including the first payment date of September 5, 2017. Prepayment in full or in part of the $62.465 million initial funded amount of IC Leased Fee Hotel Portfolio Whole Loan is permitted on or after the date that is the earlier to occur of two years after the closing date of the securitization that includes the last pari passu note to be securitized, and July 18, 2021.
   
  Loan No. 13 – The District – The District Whole Loan can be defeased at any time after the date that is two years after the closing date of the securitization that includes the last note to be securitized but prior to May 6, 2027.
   
(7) Loan No. 3 – TZA Multifamily Portfolio I - On any payment date after the release date and prior to the permitted prepayment date, the borrower may partially defease the entire amount or a portion of the principal from the lien of the mortgage encumbering such property provided that, among others, the following conditions are satisfied: (i) no event of default has or will be continuing; (ii) in the case of a partial defeasance, the execution and delivery by borrower of all necessary documents to amend and restate the note and issue two substitute notes comprised of (a) a principal balance equal to the defeased portion of the original note and (b) a principal balance equal to the undefeased portion of the original note; and (iii) the borrower satisfies all of the requirements with respect to such defeasance including, without limitation, the rating comfort letter and opinion delivery requirements thereof.
   
  Loan No. 12 – IC Leased Fee Hotel Portfolio – From and after the earlier to occur of two years after the closing date of the securitization that includes the last pari passu note to be securitized and July 18, 2021, in connection with a third party sale of any of the individual Mortgaged Properties, the related IC Leased Fee Hotel Portfolio borrower may obtain the release of such individual Mortgaged Property from the lien of the IC Leased Fee Hotel Portfolio Whole Loan subject to, among other terms and conditions: (i) no event of default has occurred and is continuing, (ii) the DSCR of the remaining Mortgaged Properties following such release is no less than the greater of 1.33x and the DSCR in place immediately prior to such release, (iii) the loan-to-value ratio of the remaining Mortgaged Properties is no more than the lesser of 130.0% and the loan-to-value ratio in place immediately prior to such release, and (iv) payment of an amount equal to the greater of 100% of the allocated net proceeds for such individual Mortgaged Property and 130% of the allocated loan amount for such individual Mortgaged Property being released.
   
  Loan No. 13 – The District – Provided no event of default is continuing, the borrower may obtain the release of one or two parcels of land at the Mortgaged Property known as “Release Parcel CP3” and/or “Release Parcel WB” provided, among other things: (i) with respect to Release Parcel WB, payment of an amount equal to 125% of the allocated loan amount for such parcel plus the applicable yield maintenance premium, (ii) delivery of a REMIC opinion, (iii) with respect to Release Parcel WB, the related ground lease is amended to remove Release Parcel WB from the tenant’s lease and, at the borrower’s election and if clause (i) has been satisfied, such tenant’s rent is reduced by a maximum of $100,000 per year and (iv) the lender receives evidence that the a restrictive covenant is in place that prohibits the owner of released property from violating any exclusive use restriction contained in any lease of the remaining Mortgaged Property.

 

 

 

 

   
  Loan No. 30 – Nadlan Industrial Portfolio - Following the occurrence and simultaneously with completion of a UATC Purchase Event, any time after the Permitted Defeasance Date and prior to the Permitted Par Prepayment Date, the borrowers may release the UATC Property, provided, among other things per the loan documents: (i) no event of default has occurred and is continuing; (ii) borrowers will defease a portion of the loan equal to the greater of (a) 125% of the allocated loan amount for the UATC Property or (b) 80% of the net proceeds from the sale of the UATC Property; (iii) the debt yield for the remaining properties is no less than 8.5%; and (iv) the LTV for the remaining properties is no greater than the lesser of 75.0% and the LTV immediately preceding such release.
   
(8) Loan No. 12 – IC Leased Fee Hotel Portfolio – The IC Leased Fee Hotel Portfolio Whole Loan is secured by the land under seven hotels totaling 2,133,134 SF , and each is encumbered by a ground lease between the related borrower, as the ground lessor, and the related ground tenant. The borrowers are affiliates of the ground tenants. The improvements are not collateral for the Mortgage Loan other than the borrowers’ reversionary interest therein.
   
(9) Loan No. 4 – American Cancer Society Center – Approximately 7,849 SF of the American Cancer Society Center Property’s 156,846 SF total site area is subject to a ground lease with Mrs. Ruth S. Barrett for a 99-year term, expiring on January 31, 2068. The current annual ground rent under the lease is $29,241.84 per year with a 10% escalation every 10 years. The ground lessee has the right of first refusal to purchase the site upon expiration of the ground lease.
   
  Loan No. 16 – Crowne Plaza Memphis Downtown – The Mortgage Loan is subject to a ground lease with Memphis Center City Revenue Finance Corporation (the “IDA”), via a PILOT program, which will expire in August 2031. The Mortgage Loan is also secured by the IDA’s fee interest pursuant to a fee mortgage executed in favor of the lender. Upon the expiration of the PILOT program, the borrower has an option to purchase the land for $1,000.
   
  Loan No. 19 – Homewood Suites Oakland Waterfront – The Homewood Suites Oakland Waterfront Property is subject to a 50-year ground lease with the City of Oakland, which expires on January 31, 2052, with no renewal options remaining. As of March 1, 1999, the ground lessee’s ground rent payment is equal to the greater of (i) minimum ground rent equal to $124,800 with increases at five-year intervals correlating to the consumer price index, or (ii) percentage rent equal to 5.0% of gross revenue in the Homewood Suites Oakland Waterfront Property’s first two years of operation, increasing to 6.0% in years three through seven, 8.0% in years eight through fifteen, and increasing to 8.5% in the sixteenth year and thereafter.
   
  Loan No. 39 – 5544 Greenwich Road – The 5544 Greenwich Road Property is subject to a 60-year ground lease with Duke Greenwich Office Associates which expires on April 30, 2048, with no renewal options remaining. The annual fixed ground rent is $112,980 with 5.0% increases every five year beginning in 2023. In addition, at the end of the ground lease term on April 30, 2048, the ground lessee has the option to purchase the premises at fair market value.
   
(10) Loan No. 1 – Ionis Pharmaceuticals – Gazelle Ct – The largest tenant, Ionis Pharmaceuticals, Inc., which is an affiliate of the borrower sponsor, leases 100.0% of the net rentable area at the Mortgaged Property.
   
(11) Loan No. 2 – Del Amo Fashion Center – The fifth largest tenant, Burlington Coat Factory, has the right to terminate its lease any time upon providing 270 days prior written notice to the landlord.
   
  Loan No. 6 – 245 Park Avenue – The largest tenant, Société Générale, has the right to terminate its lease its lease on October 31, 2022, with written notice on or before May 1, 2021. The terminable space is limited to the highest full floor or the two highest full floors, as long as both floors are contiguous, pursuant to the lease.

 

 

 

 

   
  Loan No. 7 – OKC Outlets – The second largest tenant, Forever 21, has the right to terminate its lease with 60 days’ notice if gross sales are less than $2.5 million during the fourth lease year. The fifth largest tenant, Columbia Sportswear, has the right to terminate its lease with 30 days’ notice if gross sales are less than $325 per SF during the fifth lease year.
   
  Loan No. 20 – Allen Park Industrial – The largest tenant, Roush Holdings LLC, may terminate up to 160,000 SF associated with the 582,907 SF space, with notice prior to August 1, 2018, with termination no more than 12 months after notice. Payment of a termination fee is required equal to (a) 160,000 divided by the total rentable area, multiplied by (b) the number of months remaining in the lease divided by 84, multiplied by (c) the total cost of the landlord’s work plus any leasing commissions paid by the landlord.
   
  Loan No. 29 – West Carmel Shoppes – The fifth largest tenant, Neal Family Dentistry, has the right to terminate its lease upon 180 days' prior written notice within 15 days after the last day of the 104th month of the term. The termination option is contingent upon: (i) the tenant not being in default of its lease at the time the termination notice is mailed; (ii) tenant will not have assigned its lease, unless such assignment is a permitted transfer; and (iii) the tenant's delivery of the early lease termination fee to the landlord.
   
  Loan No. 30 – Nadlan Industrial Portfolio - Enersys – The single tenant, Enersys, may terminate its lease on September 30, 2023 at the earliest, with notice between January 1, 2023 and March 31, 2023, and payment of a $7,500 fee.
   
  Loan No. 35 – Redlands University Plaza – The third largest tenant, Clinic-County of San Bernardino, may terminate at any time with 90 days’ notice. The fifth largest tenant, WIC-County of San Bernardino, may terminate at any time with 90 days’ notice.
   
  Loan No. 39 – 5544 Greenwich Road – The second largest tenant, Gentiva Certified HealthCare Corp., has a one-time right to terminate its lease effective July 31, 2019 with four months’ prior written notice to the landlord. The third largest tenant, L3 Advisory, LLC, has a one-time right to terminate its lease effective November 30, 2022 with nine months’ prior written notice to the landlord and a termination fee equal to $97,159. The fifth largest tenant, Odyssey Healthcare Operating B, LP has a one-time option to terminate its lease effective April 30, 2019 with 120 days’ prior written notice to the landlord.
   
(12) Loan No. 6 – 245 Park Avenue - The largest tenant, Société Générale, subleases 72,850 contractual SF to two subtenants consisting of 36,425 contractual SF to Brunswick Group and 36,425 contractual SF to MIO Partners through October 30, 2022. The second largest tenant, JPMorgan Chase Bank, subleases 189,686 SF to four subtenants consisting of 90,556 contractual SF to Houlihan Lokey Inc., 49,133 contractual SF to The Nemec Agency, 34,058 contractual SF to Pierpont Capital Holdings LLC and 15,939 contractual SF to JLL through October 30, 2022. The Number of Units for the second largest tenant does not include the 562,347 SF subleased to Société Générale as Société Générale executed a direct lease which begins November 1, 2022. The third largest tenant, Major League Baseball, subleases 72,750 SF to three subtenants consisting of 37,385 contractual SF to the National Bank of Australia, 24,840 contractual SF to Houlihan Lokey Inc. and 10,525 contractual SF to Anthos USA Inc. through October 31, 2022.
   
(13) Occupancy reflects tenants that have signed leases, but are not yet in occupancy or may not be paying rent.
   
  Loan No. 42 - Clay Plaza - The second largest tenant, Workout Anytime, is currently in the process of moving into their space and is expected to take full occupancy on September 28, 2017. At origination, $115,750 was deposited into a tenant improvement reserve and $18,351 was deposited into a rent reserve for the Workout Anytime tenant.

 

 

 

 

   
(14) Loan No. 6 – 245 Park Avenue - The borrower will be required to deposit $446,775 into the Monthly TI/LC Reserve beginning on the payment date in May 2025. The borrower is permitted to deliver a letter of credit in accordance with the Mortgage Loan documents in lieu of any cash reserve.
   
  Loan No. 9 – JW Marriott Chicago – The borrower is required to deposit monthly FF&E reserve in an amount of 1/12th of 4.0% of gross revenues generated at the property for the previous calendar year upon termination of the management agreement and the failure of the borrower to enter into a replacement franchise agreement that adequately reserves for FF&E replacements.
   
  Loan No. 12 – IC Leased Fee Hotel Portfolio – Upon completion of all required PIP renovations the borrower will be required to deposit an amount equal to $83,000 each month during the period between March and December into a seasonal reserve. Amounts in the seasonal reserve may be applied on payment dates in January and February for shortfalls between revenues and monthly debt, subaccounts and expenses.
   
  Loan No. 34 – La Quinta Inn & Suites Fayetteville - The borrower will be required to deposit greater of (i) 4% of revenue or (ii) the monthly amount required to be reserved pursuant to the franchise agreement for the replacement of FF&E beginning on the payment date in September 2019.
   
  Loan No. 16 – Crowne Plaza Memphis Downtown – Monthly seasonality deposit equals to (i) $4,260.20 during the months of July, August, September, October, November and December of 2017, and (ii) the quotient obtained by dividing the seasonality reserve aggregate shortfall amount by eleven during the months from February through December of each year of the term of the loan commencing in 2018.
   
(15) Loan No. 12 – IC Leased Fee Hotel Portfolio – With respect to the Radisson Cromwell Mortgaged Property and, subject to the funding of Note A-3, the property known as “Villa Roma”, the related ESAs obtained at origination of the Mortgage Loan identified as a REC on the Radisson Cromwell Mortgaged Property the existence of a 2,000-gallon fuel oil underground storage tank and based on the presumed age of the UST recommended tightness testing, and as RECs on the property known as “Villa Roma” current and former on-site fuel oil USTs with lack of regulatory closure or confirmatory sampling, and auto repair facilities with floor drains and one 1,000 gallon and three 275 gallon waste oil aboveground storage tanks . The ESA recommended, with respect to the USTs, and the repair facilities a limited subsurface investigation in order to determine the presence or absence of soil and/or groundwater contamination due to the unknown status of the USTs and historical use of the property, and with respect to the ASTs that proper secondary containment be provided for the ASTs. Tightness testing performed on the UST on the Radisson Cromwell Mortgaged Property indicated a potential leak is occurring in the UST. At origination of the Mortgage Loan, the borrower deposited $230,862 in an environmental reserve, an amount equal to 125% of the amount estimated by an environmental consultant to be sufficient for the removal of the UST and the related removal of the impacted soil, analysis and monitoring. Upon the funding of the Note A-3, and the acquisition of the property known as “Villa Roma” by the related borrower, the Mortgage Loan documents will be amended to include an environmental reserve, into which the borrower will be required to deposit an amount expected to be 125% of the amount estimated by an environmental consultant to be sufficient for removal of the out-of-use USTs, removal and disposal of contaminated soils found by a subsurface investigation to be adjacent to several of the USTs and one of the shops, follow up confirmatory soil and groundwater sampling and the acquisition and installation of secondary containment for the ASTs.
   
(16) For more information see "Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness" in the preliminary prospectus.
   
(17) Summary of Future Permitted Subordinate Debt:

 

        Mortgage Loan   % of Initial                
Loan       Cut-off Date   Outstanding   Intercreditor   Combined   Combined   Combined Debt
No.   Mortgage Loan   Balance   Pool Balance   Agreement   Minimum DSCR   Maximum LTV   Yield
16   Crowne Plaza Memphis Downtown   $15,950,867   2.3%   Yes   1.85x   57.6%   13.4%
19   Homewood Suites Oakland Waterfront   $13,000,000   1.8%   Yes   2.02x   60.0%   15.9%
26   Carneros Self Storage Park   $6,800,000   1.0%   Yes   1.90x   46.9%   11.4%

 

 

 

 

   
(18) Loan No. 12 – IC Leased Fee Hotel Portfolio – The IC Leased Fee Hotel Portfolio Whole Loan has an original principal balance of $62,465,000, an outstanding principal balance as of the Cut-off Date of $66,465,000 and has a maximum principal balance of $77,345,000. At any time prior to August 12, 2017, the lender may, in its sole and absolute discretion, advance an additional amount of up to $14,880,000 provided that no event of default then exists and upon satisfaction of such conditions, including but not limited to: the execution and delivery of amendments to the loan documents in such form as the lender may approve; adding the property known as “Villa Roma” located in Callicoon, New York as additional collateral for the IC Leased Fee Hotel Portfolio Whole Loan by the execution and delivery of a first priority mortgage in favor of Lender that will encumber the property known as “Villa Roma”; the receipt by the lender at the IC Leased Fee Hotel Portfolio Borrowers’ expense and title insurance policy wholly acceptable to the lender which insures the interests of the lender created by the property known as “Villa Roma” mortgage as a first priority security interest in the substitute property and containing such exceptions as may be approved and such endorsements as may be required by the lender. The obligation to advance the additional amount of $14,880,000 will be the sole responsibility of the lender and will not be the responsibility of the trust. Promissory Note A-4, with a principal balance of $27,000,000, represents the IC Leased Fee Hotel Portfolio Mortgage Loan and will be included in the UBS 2017-C3 Trust.
   
(19) Loan No. 12 – IC Leased Fee Hotel Portfolio – The IC Leased Fee Hotel Portfolio Whole Loan is structured with springing cash management. The cash management period will commence upon an event of default; a default by the borrower or ground tenant under the ground lease beyond any applicable notice or cure period; the failure by ground tenant, after the end of a calendar quarter, to maintain the ground rent coverage ratio of at least 1.15x; or if the borrower is required to deposit all excess cash to the PIP Reserve subaccount pursuant to the terms of the loan agreement which deposits are required as of the date of the loan agreement. The IC Leased Fee Hotel Portfolio Whole Loan is currently in cash management period because all excess cash is required to be deposited in to PIP Reserve subaccount.
   
(20) Loan No. 17 - Four Points - Charleston - The related borrower is required to instruct tenants and other third party payers to pay directly into an account controlled by the borrower until the occurrence of a "trigger" event upon which time the control of the account shifts to the applicable servicer.
   
(21) Loan No. 25 - Bolingbrook Logistics Center - The TI/LC Reserve Cap will increase from $211,750 to $850,000 upon the occurrence of a Major Tenant Trigger Event as defined in the Mortgage Loan documents.
   
  Loan No. 30 - Nadlan Industrial Portfolio - The TI/LC Reserve Cap will increase from $246,294 to $534,040 upon the occurrence of a Major Tenant Trigger Event as defined in the Mortgage Loan documents.
   
  Loan No. 38- Shops at Oro Vista – At closing, the borrower deposited $175,000 into the TI/LC Reserve. The TI/LC Reserve is initially capped at $239,147, but will be reduced by an amount equal to any disbursements made from the TI/LC Reserve until such cap equals $64,147. Under no circumstances will the TI/LC Reserve Cap ever be lower than $64,147.
   
  Loan No. 14 - Younique HQ Building - Upon the occurrence of Younique, LLC filing bankruptcy, vacating, going dark or giving notice of going dark or upon the date that is 18 months prior to the Younique, LLC lease expiration of June 30, 2026, a cash flow sweep will commence into the Younique Reserve up to a cap of $2,337,500, which cap takes into account the aggregate balance of the TI/LC Reserve and the Younique Reserve.
   
(22) Loan No. 10 – Center 78 – The Center 78 Mortgage Loan accrues interest at an interest rate that changes over time. The Gross Mortgage Rate shown is the interest rate on September 7, 2017.

 

 

 

 

   
(23) Loan No. 10 – Center 78 – The Subordinate Mortgage Debt Interest Rate shown is the interest rate on September 7, 2017. The Center 78 subordinate mortgage debt accrues interest at an interest rate of 10.706172% during the period from September 2017 to August 2022 and at an interest rate of 0.00% during the period from September 2022 to August 2027. The Center 78 subordinate note has a five-year initial interest-only period and amortizes based on a five-year amortization schedule after the initial interest-only period.
   
(24) Loan No. 4 – American Cancer Society Center – The Grace Period (Default) for the first monthly payment shall be five days and zero days for each payment thereafter.
   
  Loan No. 15 – Azusa Center – The Grace Period (Default) for the first monthly payment shall be five days and zero days for each payment thereafter.
   
(25) Loan No. 10 – Center 78 – The Monthly Debt Service Payment shown is calculated based on the average monthly debt service of the Center 78 Senior Loan for the 12-month period commencing September 2022 as set forth in the non-standard amortization and interest rate schedule set forth in Annex F to the Preliminary Prospectus.
   
(26) Loan No. 10 – Center 78 – The U/W NOI DSCR and U/W NCF DSCR shown are calculated based on the aggregate debt service for the 12-month period commencing September 2022 of the respective aggregate principal balance of the promissory notes comprising the Center 78 Senior Loan as set forth in the respective non-standard amortization and interest rate schedule set forth in Annex F to the Preliminary Prospectus.