FWP 1 n1138_anxa1-x6.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-207340-08

 

     
 

UBS Commercial Mortgage Trust 2017-C7 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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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, Cantor Fitzgerald & Co., KeyBanc Capital Markets 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(27) City County State Zip Code General Property Type(25) Specific Property Type(25) Number of Properties Year Built Year Renovated Number of Units(24) Unit of Measure Cut-off Date Balance Per Unit/SF(3)(25) Original Balance(3) Cut-off Date Balance(3) % of Aggregate Cut-off Date Balance Maturity Date or Anticipated Repayment Date
1 Loan One State Street Natixis Natixis Real Estate Capital LLC No One State Street Plaza New York New York NY 10004 Office CBD 1 1970 2008-2017 891,573 Sq. Ft. 137 62,220,000 62,220,000 7.0% 12/6/2027
2 Loan AFIN Portfolio SG; UBS AG SG; UBS AG No Various Various Various Various Various Retail Anchored 12 Various Various 2,418,910 Sq. Ft. 87 60,000,000 60,000,000 6.7% 01/01/2028
2.01 Property Montecito Crossing SG; UBS AG SG; UBS AG No 6610-6750 North Durango Drive Las Vegas Clark NV 89149 Retail Anchored 1 2005 N/A 179,721 Sq. Ft.   9,440,000 9,440,000 1.1%  
2.02 Property Jefferson Commons SG; UBS AG SG; UBS AG No 4901 Outer Loop Louisville Jefferson KY 40219 Retail Anchored 1 2014 N/A 205,918 Sq. Ft.   6,982,857 6,982,857 0.8%  
2.03 Property Best on the Boulevard SG; UBS AG SG; UBS AG No 3810-3910 South Maryland Parkway Las Vegas Clark NV 89119 Retail Anchored 1 1996 2000 204,568 Sq. Ft.   6,957,143 6,957,143 0.8%  
2.04 Property Northpark Center SG; UBS AG SG; UBS AG No 8221-8301 Old Troy Pike Huber Heights Montgomery OH 45424 Retail Anchored 1 1994 2017 318,330 Sq. Ft.   5,814,286 5,814,286 0.7%  
2.05 Property Anderson Station SG; UBS AG SG; UBS AG No 100 Station Drive Anderson Anderson SC 29621 Retail Anchored 1 2001 N/A 244,171 Sq. Ft.   4,531,429 4,531,429 0.5%  
2.06 Property Cross Pointe Center SG; UBS AG SG; UBS AG No 5075 Morganton Road Fayetteville Cumberland NC 28314 Retail Anchored 1 1986, 2004, 2007 2003 226,089 Sq. Ft.   4,494,286 4,494,286 0.5%  
2.07 Property San Pedro Crossing SG; UBS AG SG; UBS AG No 303-333 Northwest Loop 410 San Antonio Bexar TX 78216 Retail Anchored 1 1995-1999 N/A 207,121 Sq. Ft.   4,477,143 4,477,143 0.5%  
2.08 Property Riverbend Marketplace SG; UBS AG SG; UBS AG No 129 Bleachery Boulevard Asheville Buncombe NC 28803 Retail Anchored 1 2004 N/A 142,617 Sq. Ft.   4,034,286 4,034,286 0.5%  
2.09 Property Shops at RiverGate South SG; UBS AG SG; UBS AG No 13540 Hoover Creek Boulevard Charlotte Mecklenburg NC 28273 Retail Anchored 1 2014 N/A 140,697 Sq. Ft.   4,025,714 4,025,714 0.5%  
2.10 Property Centennial Plaza SG; UBS AG SG; UBS AG No 5801 North May Avenue Oklahoma City Oklahoma OK 73112 Retail Anchored 1 1992-1994 N/A 233,797 Sq. Ft.   3,817,143 3,817,143 0.4%  
2.11 Property Shoppes of West Melbourne SG; UBS AG SG; UBS AG No 1501 West New Haven Avenue West Melbourne Brevard FL 32904 Retail Anchored 1 1984 N/A 144,484 Sq. Ft.   3,565,714 3,565,714 0.4%  
2.12 Property North Lakeland Plaza SG; UBS AG SG; UBS AG No 4241 North US Highway 98 Lakeland Polk FL 33809 Retail Anchored 1 1986 N/A 171,397 Sq. Ft.   1,860,000 1,860,000 0.2%  
3 Loan Eagle Multifamily Portfolio SG SG No Various Various Various FL Various Multifamily Garden 6 Various 2016 1,242 Units 47,907 59,500,000 59,500,000 6.7% 12/01/2027
3.01 Property Bay SG SG No 1225 S Beach Street Daytona Beach Volusia FL 32114 Multifamily Garden 1 1974 2016 248 Units   15,871,498 15,871,498 1.8%  
3.02 Property Brookside SG SG No 3997 Rosewood Way Orlando Orange FL 32808 Multifamily Garden 1 1984 2016 343 Units   13,117,540 13,117,540 1.5%  
3.03 Property Millennium SG SG No 4255 Barwood Drive Orlando Orange FL 32839 Multifamily Garden 1 1975 2016 200 Units   11,957,978 11,957,978 1.3%  
3.04 Property Ridge SG SG No 2050 S Ridgewood Avenue Daytona Beach Volusia FL 32119 Multifamily Garden 1 1973 2016 232 Units   10,363,581 10,363,581 1.2%  
3.05 Property Rose SG SG No 200 Robert Street New Smyrna Beach Volusia FL 32168 Multifamily Garden 1 1973 2016 100 Units   4,203,410 4,203,410 0.5%  
3.06 Property Park SG SG No 1049 Brentwood Drive Daytona Beach Volusia FL 32117 Multifamily Garden 1 1964 2016 119 Units   3,985,993 3,985,993 0.4%  
4 Loan National Office Portfolio LCF LCF No Various Various Various Various Various Office Suburban 18 Various Various 2,572,700 Sq. Ft. 72 55,000,000 54,864,814 6.2% 10/6/2027
4.01 Property 8330 LBJ Freeway LCF LCF No 8330 & 8360 LBJ Freeway Dallas Dallas TX 75243 Office Suburban 1 1984 2010 381,383 Sq. Ft.   10,183,027 10,157,998 1.1%  
4.02 Property 101 East Park Boulevard LCF LCF No 101 East Park Boulevard Plano Collin TX 75074 Office Suburban 1 1983 2012 225,445 Sq. Ft.   7,973,514 7,953,915 0.9%  
4.03 Property 13601 Preston Road LCF LCF No 13601 Preston Road Dallas Dallas TX 75240 Office Suburban 1 1973 2009 261,975 Sq. Ft.   6,405,568 6,389,823 0.7%  
4.04 Property 1750 East Golf Road LCF LCF No 1750 East Golf Road Schaumburg Cook IL 60173 Office Suburban 1 1985 2013 212,212 Sq. Ft.   5,202,703 5,189,915 0.6%  
4.05 Property 14800 Quorum Drive LCF LCF No 14800 Quorum Drive Addison Dallas TX 75254 Office Suburban 1 1981 2011 103,877 Sq. Ft.   2,889,730 2,882,627 0.3%  
4.06 Property 1995 North Park Place LCF LCF No 1995 North Park Place Atlanta Cobb GA 30339 Office Suburban 1 1985 2013 99,920 Sq. Ft.   2,568,649 2,562,335 0.3%  
4.07 Property Northlake - 2295 Parklake Dr NE LCF LCF No 2295 Parklake Drive Atlanta DeKalb GA 30345 Office Suburban 1 1973 2014 121,528 Sq. Ft.   2,536,541 2,530,306 0.3%  
4.08 Property 4751 Best Road LCF LCF No 4751 Best Road Atlanta Fulton GA 30337 Office Suburban 1 1987 2013 93,084 Sq. Ft.   2,408,108 2,402,189 0.3%  
4.09 Property The Centre - 4101 McEwen Road LCF LCF No 4101 McEwen Road Farmers Branch Dallas TX 75244 Office Suburban 1 1979 2013 124,326 Sq. Ft.   2,092,378 2,087,235 0.2%  
4.10 Property The Centre - 4099 McEwen Road LCF LCF No 4099 McEwen Road Farmers Branch Dallas TX 75244 Office Suburban 1 1979 2013 123,711 Sq. Ft.   2,092,378 2,087,235 0.2%  
4.11 Property 11225 North 28th Drive LCF LCF No 11225 North 28th Drive Phoenix Maricopa AZ 85029 Office Suburban 1 1982 2011 135,501 Sq. Ft.   1,958,595 1,953,781 0.2%  
4.12 Property 10000 North 31st Ave LCF LCF No 10000 North 31st Ave Phoenix Maricopa AZ 85051 Office Suburban 1 1982 2012 128,180 Sq. Ft.   1,758,811 1,754,488 0.2%  
4.13 Property The Centre - 4001 McEwen Road LCF LCF No 4001 McEwen Road Farmers Branch Dallas TX 75244 Office Suburban 1 1980 2013 95,192 Sq. Ft.   1,635,135 1,631,116 0.2%  
4.14 Property 4425 W Airport Fwy LCF LCF No 4425 West Airport Freeway Irving Dallas TX 75062 Office Suburban 1 1981 2015 85,212 Sq. Ft.   1,380,649 1,377,255 0.2%  
4.15 Property Northlake - 2302 Parklake Dr NE LCF LCF No 2302 Parklake Drive Atlanta DeKalb GA 30346 Office Suburban 1 1979 2014 111,223 Sq. Ft.   1,218,919 1,215,923 0.1%  
4.16 Property Northlake - 2305&2309 Parklake Dr NE LCF LCF No 2305-2309 Parklake Drive Atlanta DeKalb GA 30345 Office Suburban 1 1973 2014 65,158 Sq. Ft.   1,000,703 998,243 0.1%  
4.17 Property 12100 Ford Road LCF LCF No 12000 & 12100 Ford Road Farmers Branch Dallas TX 75234 Office Suburban 1 1979 2012 158,004 Sq. Ft.   921,622 919,356 0.1%  
4.18 Property The Centre - 4000N&S McEwen Road LCF LCF No 4000N McEwen Road Farmers Branch Dallas TX 75244 Office Suburban 1 1979 2013 46,769 Sq. Ft.   772,973 771,073 0.1%  
5 Loan Tryad Industrial & Business Center CCRE; UBS AG CCRE No Rochester Technology Park Rochester Monroe NY 14624 Industrial Flex 1 1966-1983 2000-2004, 2017 3,353,230 Sq. Ft. 33 54,000,000 54,000,000 6.1% 1/6/2028
6 Loan HRC Hotels Portfolio KeyBank KeyBank No Various Various Various Various Various Hospitality Various 8 Various Various 694 Rooms 100,601 41,940,000 41,890,256 4.7% 11/1/2027
6.01 Property Hampton Inn Traverse City KeyBank KeyBank No 1000 U.S. 31 North Traverse City Grand Traverse MI 49686 Hospitality Limited Service 1 1987 2009 124 Rooms   7,958,911 7,949,471 0.9%  
6.02 Property Homewood Suites by Hilton Indianapolis-Downtown KeyBank KeyBank No 211 & 219 South Meridian Street Indianapolis Marion IN 46225 Hospitality Extended Stay 1 2006 2013 92 Rooms   7,924,307 7,914,908 0.9%  
6.03 Property Homewood Suites by Hilton Indianapolis-Airport/Plainfield KeyBank KeyBank No 2264 East Perry Road Plainfield Hendricks IN 46168 Hospitality Extended Stay 1 2003 2016 82 Rooms   5,432,822 5,426,378 0.6%  
6.04 Property Homewood Suites by Hilton Indianapolis Northwest KeyBank KeyBank No 4140 West 94th Street Indianapolis Marion IN 46268 Hospitality Extended Stay 1 2007 2017 82 Rooms   5,086,782 5,080,749 0.6%  
6.05 Property Homewood Suites by Hilton Bloomington KeyBank KeyBank No 1399 South Liberty Drive Bloomington Monroe IN 47403 Hospitality Extended Stay 1 2006 2017 82 Rooms   4,636,931 4,631,431 0.5%  
6.06 Property Hampton Inn & Suites Petoskey KeyBank KeyBank No 920 Spring Street Petoskey Emmet MI 49770 Hospitality Limited Service 1 2002 2013 77 Rooms   4,048,663 4,043,861 0.5%  
6.07 Property Hampton Inn & Suites Valparaiso KeyBank KeyBank No 1451 South Silhavy Road Valparaiso Porter IN 46383 Hospitality Limited Service 1 2001 2013 77 Rooms   3,564,208 3,559,981 0.4%  
6.08 Property Hampton Inn & Suites Kalamazoo-Oshtemo KeyBank KeyBank No 5059 South 9th Street Kalamazoo Kalamazoo MI 49009 Hospitality Limited Service 1 2003 2013-2014 78 Rooms   3,287,376 3,283,477 0.4%  
7 Loan Griffin Portfolio KeyBank Bank of America, N.A. No Various Various Various Various Various Various Various 10 Various Various 3,708,698 Sq. Ft. 101 37,500,000 37,500,000 4.2% 10/1/2027
7.01 Property Restoration Hardware Distribution KeyBank Bank of America, N.A. No 825 Rogers Road Patterson Stanislaus CA 95363 Industrial Warehouse/Distribution 1 2015 N/A 1,501,387 Sq. Ft.   7,800,000 7,800,000 0.9%  
7.02 Property State Farm Regional HQ KeyBank Bank of America, N.A. No 64 and 66 Perimeter Center East Atlanta DeKalb GA 30346 Office Suburban 1 1971; 1985 2012 584,785 Sq. Ft.   6,946,100 6,946,100 0.8%  
7.03 Property North Pointe I KeyBank Bank of America, N.A. No 6440 & 6380 Aviation Way West Chester Butler OH 45069 Office Suburban 1 2010 N/A 409,798 Sq. Ft.   3,965,000 3,965,000 0.4%  
7.04 Property Corporate Campus at Norterra KeyBank Bank of America, N.A. No 25500 & 25600 North Norterra Parkway Phoenix Maricopa AZ 85085 Office Suburban 1 2000 N/A 232,648 Sq. Ft.   3,900,000 3,900,000 0.4%  
7.05 Property CHRISTUS Health HQ KeyBank Bank of America, N.A. No 919 Hidden Ridge Irving Dallas TX 75038 Office Suburban 1 1997 2012 253,340 Sq. Ft.   3,619,850 3,619,850 0.4%  
7.06 Property Duke Bridges I KeyBank Bank of America, N.A. No 7668 Warren Parkway Frisco Collin TX 75034 Office Suburban 1 2005 N/A 158,135 Sq. Ft.   2,747,550 2,747,550 0.3%  
7.07 Property Wells Fargo Operations Center KeyBank Bank of America, N.A. No 8740 Research Drive Charlotte Mecklenburg NC 28262 Office Suburban 1 1984 2014 155,579 Sq. Ft.   2,697,500 2,697,500 0.3%  
7.08 Property Ace Hardware HQ KeyBank Bank of America, N.A. No 2200 and 2222 Kensington Court Oak Brook DuPage IL 60523 Office Suburban 1 1974 2012 206,030 Sq. Ft.   2,275,000 2,275,000 0.3%  
7.09 Property Royal Ridge V KeyBank Bank of America, N.A. No 3929 West John Carpenter Freeway Irving Dallas TX 75063 Office Suburban 1 2004 N/A 119,611 Sq. Ft.   2,138,500 2,138,500 0.2%  
7.10 Property Comcast Regional HQ KeyBank Bank of America, N.A. No 15815 25th Avenue Lynnwood Unincorporated Snohomish WA 98036 Office Suburban 1 2007 N/A 87,385 Sq. Ft.   1,410,500 1,410,500 0.2%  
8 Loan General Motors Building CCRE MSBNA; CITI; DBNY; WFB No 767 Fifth Avenue New York New York NY 10153 Mixed Use Office/Retail 1 1968 2017 1,989,983 Sq. Ft. 739 37,400,000 37,400,000 4.2% 6/9/2027
9 Loan AvidXchange Headquarters UBS AG UBS AG No 1210 AvidXchange Lane Charlotte Mecklenburg NC 28206 Office CBD 1 2017 N/A 201,450 Sq. Ft. 186 37,400,000 37,400,000 4.2% 1/6/2033
10 Loan Lockefield Gardens LCF LCF No 737 Lockefield Lane Indianapolis Marion IN 46202 Multifamily Garden 1 1935 1987 493 Units 69,980 34,500,000 34,500,000 3.9% 11/6/2027
11 Loan Plaza Del Sol SG SG No 10950, 10960 and 10970 Sherman Way Burbank Los Angeles CA 91505 Mixed Use Retail/Industrial 1 1984 2005-2006 165,528 Sq. Ft. 165 27,390,000 27,390,000 3.1% 12/01/2027
12 Loan Greenpoint Multifamily Portfolio CCRE CCRE No Various Brooklyn Kings NY 11222 Multifamily Mid Rise 8 Various Various 73 Units 347,945 25,400,000 25,400,000 2.9% 11/6/2022
12.01 Property 164-166 Kingsland CCRE CCRE No 164-166 Kingsland Avenue Brooklyn Kings NY 11222 Multifamily Mid Rise 1 2008 2016-2017 16 Units   6,414,534 6,414,534 0.7%  
12.02 Property 673 Meeker Ave CCRE CCRE No 673 Meeker Avenue Brooklyn Kings NY 11222 Multifamily Mid Rise 1 2001 2017 10 Units   3,132,562 3,132,562 0.4%  
12.03 Property 657 Meeker Ave CCRE CCRE No 657 Meeker Avenue Brooklyn Kings NY 11222 Multifamily Mid Rise 1 2003 2017 10 Units   3,085,387 3,085,387 0.3%  
12.04 Property 669 Meeker Ave CCRE CCRE No 669 Meeker Avenue Brooklyn Kings NY 11222 Multifamily Mid Rise 1 2002 2017 9 Units   2,985,543 2,985,543 0.3%  
12.05 Property 3 Sutton Street CCRE CCRE No 3 Sutton Street Brooklyn Kings NY 11222 Multifamily Mid Rise 1 2001 2017 7 Units   2,867,249 2,867,249 0.3%  
12.06 Property 5 Sutton Street CCRE CCRE No 5 Sutton Street Brooklyn Kings NY 11222 Multifamily Mid Rise 1 2001 2017 7 Units   2,593,182 2,593,182 0.3%  
12.07 Property 667 Meeker Ave CCRE CCRE No 667 Meeker Avenue Brooklyn Kings NY 11222 Multifamily Mid Rise 1 2004 2017 7 Units   2,163,741 2,163,741 0.2%  
12.08 Property 661 Meeker Ave CCRE CCRE No 661 Meeker Avenue Brooklyn Kings NY 11222 Multifamily Mid Rise 1 2003 2017 7 Units   2,157,802 2,157,802 0.2%  
13 Loan Marketplace at Four Corners CCRE CCRE No 7100 Market Place Drive Aurora Geauga OH 44202 Retail Anchored 1 2002; 2004 N/A 525,708 Sq. Ft. 80 25,000,000 25,000,000 2.8% 12/6/2027
14 Loan North Creek Parkway Center KeyBank KeyBank No 18702, 18706, 18804, 18912, 18916, & 11804 North Creek Parkway Bothell King WA 98011 Mixed Use Office/Industrial 1 1986 N/A 205,298 Sq. Ft. 116 23,725,000 23,725,000 2.7% 12/1/2027
15 Loan 5th Street Public Market SG SG No 296 E. 5th Avenue, 206 E. 6th Avenue and 199 E. 5th Avenue Eugene Lane OR 97401 Mixed Use Retail/Office 1 1929-1994 2011 78,955 Sq. Ft. 276 21,825,000 21,825,000 2.4% 11/01/2027
16 Loan Harmon Corner CCRE CCRE; CREFI No 3717 Las Vegas Boulevard South Las Vegas Clark NV 89109 Mixed Use Retail/Signage 1 2012 N/A 68,613 Sq. Ft. 2,084 20,800,000 20,800,000 2.3% 12/6/2027
17 Loan New Garden Crossing LCF LCF No 1571-1599 New Garden Road Greensboro Guilford NC 27410 Retail Anchored 1 2000 2012 168,950 Sq. Ft. 110 18,500,000 18,500,000 2.1% 6/6/2027
18 Loan Covington Center II KeyBank KeyBank No 17002 Southeast 270th Place; 16908 Southeast 269th Place Covington King WA 98042 Retail Anchored 1 2006, 2007 N/A 106,674 Sq. Ft. 154 16,500,000 16,436,639 1.8% 9/1/2027
19 Loan 900 on Nine UBS AG UBS AG No 900 U.S. Route 9 North Woodbridge Middlesex NJ 07095 Office Suburban 1 1977 2013 112,705 Sq. Ft. 120 13,500,000 13,500,000 1.5% 12/6/2027
20 Loan Belden Park Crossing LCF LCF No 5496 Dressler Road Canton Stark OH 44720 Retail Anchored 1 1995, 1997 2016 483,984 Sq. Ft. 105 13,000,000 13,000,000 1.5% 11/6/2027
21 Loan West Carmel Marketplace KeyBank KeyBank No 9965 & 10025 North Michigan Road Carmel Hamilton IN 46032 Retail Anchored 1 2005 N/A 121,000 Sq. Ft. 104 12,600,000 12,600,000 1.4% 1/1/2028
22 Loan Elysian Brewery LCF LCF No 5400, 5410, and 5510 Airport Way South Seattle King WA 98108 Industrial Warehouse/Distribution 1 1998, 2015, 2016 N/A 77,269 Sq. Ft. 155 12,000,000 12,000,000 1.3% 12/6/2027
23 Loan Alliance Crossing UBS AG UBS AG No 2400, 2401 and 2420 Westport Parkway Fort Worth Tarrant TX 76177 Mixed Use Office/Retail 1 1992 -1998 N/A 64,487 Sq. Ft. 172 11,100,000 11,100,000 1.2% 12/6/2027
24 Loan South Coast Plaza UBS AG UBS AG No 1620 South Padre Island Drive Corpus Christi Nueces TX 78416 Retail Anchored 1 1982; 1999 N/A 101,171 Sq. Ft. 109 11,000,000 11,000,000 1.2% 12/6/2027
25 Loan Springhill Suites Wichita Airport SG SG No 6633 West Kellogg Drive Wichita Sedgwick KS 67209 Hospitality Limited Service 1 2015 N/A 121 Rooms 87,603 10,600,000 10,600,000 1.2% 01/01/2028
26 Loan Town Center Commons UBS AG UBS AG No 725 Ernest W Barrett Parkway Northwest Kennesaw Cobb GA 30144 Retail Anchored 1 1998 N/A 72,168 Sq. Ft. 141 10,185,000 10,185,000 1.1% 12/6/2022
27 Loan Holiday Inn Express & Suites Charlotte Airport LCF LCF No 108 Airport Commons Drive Charlotte Mecklenburg NC 28208 Hospitality Limited Service 1 2016 N/A 117 Rooms 85,470 10,000,000 10,000,000 1.1% 12/6/2022
28 Loan Hampton Inn & Suites Lake City SG SG No 450 Southwest Florida Gateway Drive Lake City Columbia FL 32024 Hospitality Limited Service 1 2006 2017 89 Rooms 106,742 9,500,000 9,500,000 1.1% 12/01/2027
29 Loan Candlewood Suites Fayetteville KeyBank KeyBank No 4108 Legend Avenue Fayetteville Cumberland NC 28303 Hospitality Limited Service 1 2011 N/A 114 Rooms 78,814 9,000,000 8,984,774 1.0% 11/1/2027
30 Loan Hampton Inn - Gulf Shores UBS AG UBS AG No 1701 Gulf Shores Parkway Gulf Shores Baldwin AL 36542 Hospitality Limited Service 1 2016 N/A 89 Rooms 98,876 8,800,000 8,800,000 1.0% 12/6/2027
31 Loan TownePlace Meridian LCF LCF No 1415 South Eagle Road Meridian Ada ID 83642 Hospitality Extended Stay 1 2008 2016-2017 100 Rooms 81,500 8,150,000 8,150,000 0.9% 12/6/2027
32 Loan RPI Student Housing Portfolio LCF LCF No Various Troy Rensselaer NY 12180 Multifamily Student Housing 1 1850-1976 Various 259 Beds 30,985 8,025,000 8,025,000 0.9% 11/6/2027
33 Loan Murrieta Plaza UBS AG Regions Bank No 40388-40484 Murrieta Hot Springs Road Murrieta Riverside CA 92563 Retail Anchored 1 2005-2008 N/A 141,122 Sq. Ft. 234 8,000,000 8,000,000 0.9% 11/1/2027
34 Loan Airport Commerce Center CCRE CCRE No 7602 15th Street East Sarasota Manatee FL 34243 Industrial Flex 1 1985 N/A 183,227 Sq. Ft. 43 7,900,000 7,900,000 0.9% 1/6/2028
35 Loan Hampton Inn & Suites Blythe SG SG No 2011 East Donlon Street Blythe Riverside CA 92225 Hospitality Limited Service 1 2015 N/A 81 Rooms 96,296 7,800,000 7,800,000 0.9% 12/01/2027
36 Loan CVS - Tiverton UBS AG UBS AG No 500 Main Road Tiverton Newport RI 02878 Retail Anchored 1 1954; 2009 N/A 17,835 Sq. Ft. 361 6,440,000 6,440,000 0.7% 12/6/2027
37 Loan Nautilus FedEx Portfolio CCRE CCRE No Various Various Various Various Various Industrial Warehouse/Distribution 2 Various Various 94,659 Sq. Ft. 67 6,389,000 6,389,000 0.7% 12/6/2027
37.01 Property Littleton CCRE CCRE No 833 Industrial Park Road Littleton Grafton NH 03561 Industrial Warehouse/Distribution 1 2008 2013 51,620 Sq. Ft.   3,696,000 3,696,000 0.4%  
37.02 Property Mason City CCRE CCRE No 1755 15th Street Southwest Mason City Cerro Gordo IA 50401 Industrial Warehouse/Distribution 1 2003 2016 43,039 Sq. Ft.   2,693,000 2,693,000 0.3%  
38 Loan 660 NCX UBS AG UBS AG No 660 North Central Expressway Plano Collin TX 75074 Office Suburban 1 1986 N/A 80,577 Sq. Ft. 78 6,250,000 6,250,000 0.7% 12/6/2027
39 Loan Airport Investment & Airport Overlook UBS AG UBS AG No Various Linthicum Anne Arundel MD 21090 Office Suburban 2 Various N/A 228,685 Sq. Ft. 122 6,000,000 5,992,070 0.7% 11/6/2027
39.01 Property Airport Investment UBS AG UBS AG No 793 Elkridge Landing Road Linthicum Anne Arundel MD 21090 Office Suburban 1 1975 N/A 194,457 Sq. Ft.   5,170,626 5,163,793 0.6%  
39.02 Property Airport Overlook UBS AG UBS AG No 785 Elkridge Landing Road Linthicum Anne Arundel MD 21090 Office Suburban 1 2006 N/A 34,228 Sq. Ft.   829,374 828,277 0.1%  
40 Loan Lynchburg Apartments UBS AG Regions Bank No 1001 Jefferson Street Lynchburg Lynchburg VA 24504 Multifamily Mid Rise 1 1918 2012 59 Units 86,441 5,100,000 5,100,000 0.6% 12/1/2027
41 Loan Concord Multifamily Portfolio KeyBank KeyBank No Various Concord Contra Costa CA 94520 Various Various 4 Various N/A Various Various   4,750,000 4,744,013 0.5% 11/1/2027
41.01 Property Bloomfield Rental Townhomes KeyBank KeyBank No 1655 Bloomfield Lane Concord Contra Costa CA 94520 Multifamily Garden 1 2006-2007 N/A 15 Units   1,947,500 1,945,045 0.2%  
41.02 Property 1500 Willow Pass Court KeyBank KeyBank No 1500 Willow Pass Court Concord Contra Costa CA 94520 Industrial Flex 1 2008 N/A 10,400 Sq. Ft.   1,096,775 1,095,393 0.1%  
41.03 Property California Street Townhomes KeyBank KeyBank No 2180 California Street Concord Contra Costa CA 94520 Multifamily Garden 1 2001-2002 N/A 6 Units   915,800 914,646 0.1%  
41.04 Property Grant Street Townhomes KeyBank KeyBank No 2812 Grant Street Concord Contra Costa CA 94520 Multifamily Garden 1 1999 N/A 6 Units   789,925 788,929 0.1%  
42 Loan Mini U Storage - Livonia KeyBank KeyBank No 32455 and 32701 West Eight Mile Road Livonia Wayne MI 48152 Self Storage Self Storage 1 1976 N/A 73,875 Sq. Ft. 58 4,300,000 4,300,000 0.5% 12/1/2027
43 Loan Mini U Storage - Denver KeyBank KeyBank No 3900 East 45th Avenue Denver Denver CO 80216 Self Storage Self Storage 1 1984 N/A 65,660 Sq. Ft. 65 4,300,000 4,300,000 0.5% 12/1/2027
44 Loan Hampton Inn - South Haven UBS AG UBS AG No 04299 Cecilia Drive South Haven Van Buren MI 49090 Hospitality Limited Service 1 1999 2015-2016 62 Rooms 65,323 4,050,000 4,050,000 0.5% 12/6/2027
45 Loan Essex Centre SG SG No 28400 Northwestern Highway Southfield Oakland MI 48034 Office Suburban 1 1986 N/A 55,027 Sq. Ft. 73 4,000,000 4,000,000 0.4% 12/01/2022
46 Loan Mini U Storage - Highlands Ranch KeyBank KeyBank No 1400 East County Line Road Littleton Douglas CO 80126 Self Storage Self Storage 1 1984 N/A 45,637 Sq. Ft. 85 3,900,000 3,900,000 0.4% 12/1/2027
47 Loan Amelia Court Apartments LCF LCF No 1381 West Ohio Pike Amelia Clermont OH 45102 Multifamily Garden 1 1978 N/A 95 Units 32,632 3,100,000 3,100,000 0.3% 1/6/2028
48 Loan 55 Northwest 25th Street LCF LCF No 55 Northwest 25th Street Miami Miami-Dade FL 33127 Retail Free-Standing 1 2017 N/A 5,001 Sq. Ft. 580 2,900,000 2,900,000 0.3% 11/6/2027

 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Maturity Balance ARD Final Maturity Date Origination Date First Pay Date(26) Payment Day Gross Mortgage Rate Administrative Fee Rate Net Mortgage Rate ARD Rate Interest Accrual Method Monthly Debt Service Payment Amortization Type Original Term to Maturity or ARD Remaining Term to Maturity or ARD(26) Original IO Term Remaining IO Term(26) Original Amortization Term Remaining Amortization Term Seasoning(26)
1 Loan One State Street 62,220,000 No N/A 11/29/2017 1/6/2018 6 4.095610% 0.012430% 4.083180% N/A Actual/360 215,306.79  Full IO 120 120 120 120 0 0 0
2 Loan AFIN Portfolio 60,000,000 No N/A 12/08/2017 01/01/2018 1 4.191000% 0.012430% 4.178570% N/A Actual/360 212,460.42  Full IO 121 121 121 121 0 0 0
2.01 Property Montecito Crossing 9,440,000                                       
2.02 Property Jefferson Commons 6,982,857                                       
2.03 Property Best on the Boulevard 6,957,143                                       
2.04 Property Northpark Center 5,814,286                                       
2.05 Property Anderson Station 4,531,429                                       
2.06 Property Cross Pointe Center 4,494,286                                       
2.07 Property San Pedro Crossing 4,477,143                                       
2.08 Property Riverbend Marketplace 4,034,286                                       
2.09 Property Shops at RiverGate South 4,025,714                                       
2.10 Property Centennial Plaza 3,817,143                                       
2.11 Property Shoppes of West Melbourne 3,565,714                                       
2.12 Property North Lakeland Plaza 1,860,000                                       
3 Loan Eagle Multifamily Portfolio 52,455,657 No N/A 12/01/2017 01/01/2018 1 4.820000% 0.012430% 4.807570% N/A Actual/360 312,895.58  Partial IO 120 120 36 36 360 360 0
3.01 Property Bay 13,992,434                                       
3.02 Property Brookside 11,564,524                                       
3.03 Property Millennium 10,542,245                                       
3.04 Property Ridge 9,136,613                                       
3.05 Property Rose 3,705,758                                       
3.06 Property Park 3,514,082                                       
4 Loan National Office Portfolio 44,631,076 No N/A 10/6/2017 11/6/2017 6 4.610000% 0.013680% 4.596320% N/A Actual/360 282,283.19  Amortizing 120 118 0 0 360 358 2
4.01 Property 8330 LBJ Freeway 8,263,263                                       
4.02 Property 101 East Park Boulevard 6,470,300                                       
4.03 Property 13601 Preston Road 5,197,952                                       
4.04 Property 1750 East Golf Road 4,221,859                                       
4.05 Property 14800 Quorum Drive 2,344,941                                       
4.06 Property 1995 North Park Place 2,084,392                                       
4.07 Property Northlake - 2295 Parklake Dr NE 2,058,337                                       
4.08 Property 4751 Best Road 1,954,117                                       
4.09 Property The Centre - 4101 McEwen Road 1,697,911                                       
4.10 Property The Centre - 4099 McEwen Road 1,697,911                                       
4.11 Property 11225 North 28th Drive 1,589,349                                       
4.12 Property 10000 North 31st Ave 1,427,229                                       
4.13 Property The Centre - 4001 McEwen Road 1,326,870                                       
4.14 Property 4425 W Airport Fwy 1,120,361                                       
4.15 Property Northlake - 2302 Parklake Dr NE 989,121                                       
4.16 Property Northlake - 2305&2309 Parklake Dr NE 812,044                                       
4.17 Property 12100 Ford Road 747,872                                       
4.18 Property The Centre - 4000N&S McEwen Road 627,248                                       
5 Loan Tryad Industrial & Business Center 44,418,654 No N/A 12/11/2017 1/6/2018 6 5.021000% 0.013680% 5.007320% N/A Actual/360 290,577.12  Amortizing 121 121 1 1 360 360 0
6 Loan HRC Hotels Portfolio 34,554,098 No N/A 10/5/2017 12/1/2017 1 5.070000% 0.021180% 5.048820% N/A Actual/360 226,940.63  Amortizing 120 119 0 0 360 359 1
6.01 Property Hampton Inn Traverse City 6,557,296                                       
6.02 Property Homewood Suites by Hilton Indianapolis-Downtown 6,528,786                                       
6.03 Property Homewood Suites by Hilton Indianapolis-Airport/Plainfield 4,476,067                                       
6.04 Property Homewood Suites by Hilton Indianapolis Northwest 4,190,967                                       
6.05 Property Homewood Suites by Hilton Bloomington 3,820,338                                       
6.06 Property Hampton Inn & Suites Petoskey 3,335,668                                       
6.07 Property Hampton Inn & Suites Valparaiso 2,936,528                                       
6.08 Property Hampton Inn & Suites Kalamazoo-Oshtemo 2,708,448                                       
7 Loan Griffin Portfolio 37,500,000 No N/A 9/29/2017 11/1/2017 1 3.770000% 0.013680% 3.756320% N/A Actual/360 119,448.78  Full IO 120 118 120 118 0 0 2
7.01 Property Restoration Hardware Distribution 7,800,000                                       
7.02 Property State Farm Regional HQ 6,946,100                                       
7.03 Property North Pointe I 3,965,000                                       
7.04 Property Corporate Campus at Norterra 3,900,000                                       
7.05 Property CHRISTUS Health HQ 3,619,850                                       
7.06 Property Duke Bridges I 2,747,550                                       
7.07 Property Wells Fargo Operations Center 2,697,500                                       
7.08 Property Ace Hardware HQ 2,275,000                                       
7.09 Property Royal Ridge V 2,138,500                                       
7.10 Property Comcast Regional HQ 1,410,500                                       
8 Loan General Motors Building 37,400,000 No N/A 6/7/2017 7/9/2017 9 3.430000% 0.012430% 3.417570% N/A Actual/360 108,386.41  Full IO 120 114 120 114 0 0 6
9 Loan AvidXchange Headquarters 34,649,353 No N/A 12/8/2017 1/6/2018 6 5.298000% 0.012430% 5.285570% N/A Actual/360 207,637.49  Partial IO 181 181 121 121 360 360 0
10 Loan Lockefield Gardens 29,557,708 No N/A 11/1/2017 12/6/2017 6 4.618000% 0.052430% 4.565570% N/A Actual/360 177,233.63  Partial IO 120 119 24 23 360 360 1
11 Loan Plaza Del Sol 27,390,000 No N/A 11/30/2017 01/01/2018 1 4.060000% 0.032430% 4.027570% N/A Actual/360 93,956.58  Full IO 120 120 120 120 0 0 0
12 Loan Greenpoint Multifamily Portfolio 25,400,000 No N/A 11/1/2017 12/6/2017 6 4.770000% 0.032430% 4.737570% N/A Actual/360 102,367.29  Full IO 60 59 60 59 0 0 1
12.01 Property 164-166 Kingsland 6,414,534                                       
12.02 Property 673 Meeker Ave 3,132,562                                       
12.03 Property 657 Meeker Ave 3,085,387                                       
12.04 Property 669 Meeker Ave 2,985,543                                       
12.05 Property 3 Sutton Street 2,867,249                                       
12.06 Property 5 Sutton Street 2,593,182                                       
12.07 Property 667 Meeker Ave 2,163,741                                       
12.08 Property 661 Meeker Ave 2,157,802                                       
13 Loan Marketplace at Four Corners 20,495,241 No N/A 11/9/2017 1/6/2018 6 4.916000% 0.012430% 4.903570% N/A Actual/360 132,924.92  Amortizing 120 120 0 0 360 360 0
14 Loan North Creek Parkway Center 21,650,388 No N/A 11/22/2017 1/1/2018 1 4.330000% 0.021180% 4.308820% N/A Actual/360 117,826.56  Partial IO 120 120 60 60 360 360 0
15 Loan 5th Street Public Market 19,154,072 No N/A 10/18/2017 12/01/2017 1 4.620000% 0.012430% 4.607570% N/A Actual/360 112,145.65  Partial IO 120 119 36 35 360 360 1
16 Loan Harmon Corner 20,800,000 No N/A 11/8/2017 1/6/2018 6 4.250000% 0.013680% 4.236320% N/A Actual/360 74,689.81  Full IO 120 120 120 120 0 0 0
17 Loan New Garden Crossing 15,967,736 No N/A 5/30/2017 7/6/2017 6 4.900000% 0.012430% 4.887570% N/A Actual/360 98,184.44  Partial IO 120 114 24 18 360 360 6
18 Loan Covington Center II 13,338,401 No N/A 8/8/2017 10/1/2017 1 4.500000% 0.021180% 4.478820% N/A Actual/360 83,603.08  Amortizing 120 117 0 0 360 357 3
19 Loan 900 on Nine 10,981,821 No N/A 11/29/2017 1/6/2018 6 4.683000% 0.012430% 4.670570% N/A Actual/360 69,878.23  Amortizing 120 120 0 0 360 360 0
20 Loan Belden Park Crossing 11,156,174 No N/A 10/13/2017 12/6/2017 6 4.681000% 0.013680% 4.667320% N/A Actual/360 67,274.54  Partial IO 120 119 24 23 360 360 1
21 Loan West Carmel Marketplace 9,301,544 No N/A 12/7/2017 1/1/2018 1 4.660000% 0.021180% 4.638820% N/A Actual/360 71,184.08  Amortizing 121 121 1 1 300 300 0
22 Loan Elysian Brewery 12,000,000 No N/A 11/30/2017 1/6/2018 6 4.392000% 0.012430% 4.379570% N/A Actual/360 44,530.00  Full IO 120 120 120 120 0 0 0
23 Loan Alliance Crossing 9,021,695 No N/A 12/5/2017 1/6/2018 6 4.657400% 0.061180% 4.596220% N/A Actual/360 57,284.93  Amortizing 120 120 0 0 360 360 0
24 Loan South Coast Plaza 9,007,737 No N/A 11/17/2017 1/6/2018 6 4.881800% 0.012430% 4.869370% N/A Actual/360 58,258.32  Amortizing 120 120 0 0 360 360 0
25 Loan Springhill Suites Wichita Airport 8,726,023 No N/A 12/05/2017 01/01/2018 1 5.045000% 0.012430% 5.032570% N/A Actual/360 57,194.97  Amortizing 121 121 1 1 360 360 0
26 Loan Town Center Commons 10,185,000 No N/A 12/8/2017 1/6/2018 6 5.452500% 0.012430% 5.440070% N/A Actual/360 46,920.85  Full IO 60 60 60 60 0 0 0
27 Loan Holiday Inn Express & Suites Charlotte Airport 8,991,524 No N/A 12/1/2017 1/6/2018 6 5.646000% 0.012430% 5.633570% N/A Actual/360 62,283.70  Amortizing 60 60 0 0 300 300 0
28 Loan Hampton Inn & Suites Lake City 7,017,606 No N/A 11/14/2017 01/01/2018 1 4.675000% 0.012430% 4.662570% N/A Actual/360 53,752.14  Amortizing 120 120 0 0 300 300 0
29 Loan Candlewood Suites Fayetteville 6,715,708 No N/A 10/27/2017 12/1/2017 1 4.950000% 0.021180% 4.928820% N/A Actual/360 52,351.26  Amortizing 120 119 0 0 300 299 1
30 Loan Hampton Inn - Gulf Shores 7,330,124 No N/A 12/6/2017 1/6/2018 6 5.412000% 0.012430% 5.399570% N/A Actual/360 49,480.65  Amortizing 120 120 0 0 360 360 0
31 Loan TownePlace Meridian 6,664,682 No N/A 12/1/2017 1/6/2018 6 4.840000% 0.012430% 4.827570% N/A Actual/360 42,957.50  Amortizing 120 120 0 0 360 360 0
32 Loan RPI Student Housing Portfolio 6,500,077 No N/A 10/31/2017 12/6/2017 6 5.050000% 0.052430% 4.997570% N/A Actual/360 47,147.43  Partial IO 120 119 24 23 300 300 1
33 Loan Murrieta Plaza 7,329,491 No N/A 10/5/2017 12/1/2017 1 4.577000% 0.013680% 4.563320% N/A Actual/360 40,901.66  Partial IO 120 119 60 59 360 360 1
34 Loan Airport Commerce Center 6,502,301 No N/A 12/7/2017 1/6/2018 6 5.040000% 0.032430% 5.007570% N/A Actual/360 42,602.24  Amortizing 121 121 1 1 360 360 0
35 Loan Hampton Inn & Suites Blythe 6,329,392 No N/A 11/30/2017 01/01/2018 1 4.610000% 0.012430% 4.597570% N/A Actual/360 40,032.89  Amortizing 120 120 0 0 360 360 0
36 Loan CVS - Tiverton 5,269,819 No N/A 11/28/2017 1/6/2018 6 4.860000% 0.012430% 4.847570% N/A Actual/360 34,022.40  Amortizing 120 120 0 0 360 360 0
37 Loan Nautilus FedEx Portfolio 6,389,000 No N/A 11/30/2017 1/6/2018 6 4.940000% 0.032430% 4.907570% N/A Actual/360 26,666.68  Full IO 120 120 120 120 0 0 0
37.01 Property Littleton 3,696,000                                       
37.02 Property Mason City 2,693,000                                       
38 Loan 660 NCX 5,275,050 No N/A 12/8/2017 1/6/2018 6 4.991000% 0.012430% 4.978570% N/A Actual/360 33,516.98  Partial IO 120 120 12 12 360 360 0
39 Loan Airport Investment & Airport Overlook 4,846,917 No N/A 10/25/2017 12/6/2017 6 4.480000% 0.012430% 4.467570% N/A Actual/360 30,329.86  Amortizing 120 119 0 0 360 359 1
39.01 Property Airport Investment 4,176,933                                       
39.02 Property Airport Overlook 669,984                                       
40 Loan Lynchburg Apartments 4,221,256 No N/A 11/9/2017 1/1/2018 1 4.462000% 0.012430% 4.449570% N/A Actual/360 26,853.79  Partial IO 120 120 24 24 330 330 0
41 Loan Concord Multifamily Portfolio 3,871,171 No N/A 10/17/2017 12/1/2017 1 4.740000% 0.021180% 4.718820% N/A Actual/360 24,749.63  Amortizing 120 119 0 0 360 359 1
41.01 Property Bloomfield Rental Townhomes 1,587,180                                       
41.02 Property 1500 Willow Pass Court 893,853                                       
41.03 Property California Street Townhomes 746,362                                       
41.04 Property Grant Street Townhomes 643,776                                       
42 Loan Mini U Storage - Livonia 3,937,357 No N/A 11/22/2017 1/1/2018 1 4.540000% 0.021180% 4.518820% N/A Actual/360 21,889.79  Partial IO 120 120 60 60 360 360 0
43 Loan Mini U Storage - Denver 3,937,357 No N/A 11/22/2017 1/1/2018 1 4.540000% 0.021180% 4.518820% N/A Actual/360 21,889.79  Partial IO 120 120 60 60 360 360 0
44 Loan Hampton Inn - South Haven 3,074,939 No N/A 11/21/2017 1/6/2018 6 5.431000% 0.012430% 5.418570% N/A Actual/360 24,703.93  Amortizing 120 120 0 0 300 300 0
45 Loan Essex Centre 3,725,969 No N/A 12/01/2017 01/01/2018 1 5.690000% 0.012430% 5.677570% N/A Actual/360 23,190.68  Amortizing 60 60 0 0 360 360 0
46 Loan Mini U Storage - Highlands Ranch 3,571,092 No N/A 11/22/2017 1/1/2018 1 4.540000% 0.021180% 4.518820% N/A Actual/360 19,853.53  Partial IO 120 120 60 60 360 360 0
47 Loan Amelia Court Apartments 2,597,831 No N/A 12/8/2017 1/6/2018 6 5.610000% 0.012430% 5.597570% N/A Actual/360 17,816.00  Amortizing 121 121 1 1 360 360 0
48 Loan 55 Northwest 25th Street 2,900,000 No N/A 10/24/2017 12/6/2017 6 5.270000% 0.012430% 5.257570% N/A Actual/360 12,912.72  Full IO 120 119 120 119 0 0 1

 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Prepayment Provisions(5)(6)(26) Grace Period Default(30) Grace Period Late Grace Period at Maturity Default Appraised Value(4) Appraisal Date U/W NOI DSCR(3) U/W NCF DSCR(3) Cut-off Date LTV Ratio(3)(4)(23) LTV Ratio at Maturity or ARD(3)(4)(23) U/W NOI Debt Yield(3)(23) U/W NCF Debt Yield(3)(23) U/W EGI U/W Expenses U/W NOI U/W Replacement U/W TI/LC U/W NCF Occupancy Rate(20) Occupancy as-of Date
1 Loan One State Street LO(24);DEF(89);O(7) 0 0 0 560,000,000 10/1/2017 5.02 4.87 21.8% 21.8% 20.9% 20.2% 47,729,972 22,278,246 25,451,725 133,736 626,552 24,691,437 86.3% 11/1/2017
2 Loan AFIN Portfolio LO(12);YM1(107);O(2) 0 0 0 371,735,000 Various 2.62 2.34 56.5% 56.5% 11.1% 9.9% 33,252,972 9,911,495 23,341,476 406,890 2,096,069 20,838,518 90.3% 11/28/2017
2.01 Property Montecito Crossing         52,450,000 11/01/2017             4,326,440 883,953 3,442,487 48,525 292,206 3,101,756 94.3% 11/28/2017
2.02 Property Jefferson Commons         38,800,000 10/23/2017             3,364,160 799,133 2,565,027 8,237 132,029 2,424,762 94.4% 11/28/2017
2.03 Property Best on the Boulevard         38,650,000 11/01/2017             3,232,152 649,545 2,582,607 59,325 262,793 2,260,490 91.0% 11/28/2017
2.04 Property Northpark Center         36,330,000 11/01/2017             4,094,859 1,480,817 2,614,042 28,650 190,597 2,394,795 97.4% 11/28/2017
2.05 Property Anderson Station         28,000,000 11/01/2017             3,091,780 1,029,130 2,062,650 70,810 127,834 1,864,006 84.3% 11/28/2017
2.06 Property Cross Pointe Center         27,675,000 10/25/2017             2,654,383 736,639 1,917,744 40,696 190,414 1,686,633 100.0% 11/28/2017
2.07 Property San Pedro Crossing         39,800,000 11/02/2017             2,926,568 1,406,310 1,520,258 12,427 109,669 1,398,161 87.8% 11/28/2017
2.08 Property Riverbend Marketplace         22,580,000 11/01/2017             1,876,278 497,196 1,379,082 19,966 121,671 1,237,445 90.5% 11/28/2017
2.09 Property Shops at RiverGate South         25,000,000 11/01/2017             1,868,180 679,324 1,188,855 5,628 101,254 1,081,973 65.4% 11/28/2017
2.10 Property Centennial Plaza         25,600,000 10/24/2017             2,038,766 516,667 1,522,099 46,759 265,877 1,209,463 78.6% 11/28/2017
2.11 Property Shoppes of West Melbourne         21,900,000 10/29/2017             2,329,861 720,082 1,609,779 14,448 65,623 1,529,708 98.3% 11/28/2017
2.12 Property North Lakeland Plaza         14,950,000 10/27/2017             1,449,545 512,698 936,846 51,419 236,103 649,325 94.9% 11/28/2017
3 Loan Eagle Multifamily Portfolio LO(12);YM1(12);DEF/YM1(92);O(4) 5 5 5 82,400,000 Various 1.57 1.48 72.2% 63.7% 9.9% 9.3% 11,252,082 5,366,008 5,886,073 337,246 0 5,548,827 97.6% 11/15/2017
3.01 Property Bay         22,200,000 10/24/2018             2,416,862 1,147,583 1,269,280 76,474 0 1,192,806 97.2% 11/15/2017
3.02 Property Brookside         18,100,000 10/23/2017             2,860,016 1,438,672 1,421,343 86,824 0 1,334,519 96.8% 11/15/2017
3.03 Property Millennium         16,500,000 10/23/2017             1,984,790 939,064 1,045,725 53,094 0 992,631 99.0% 11/15/2017
3.04 Property Ridge         14,300,000 10/24/2017             2,154,261 991,022 1,163,239 64,153 0 1,099,086 98.7% 11/15/2017
3.05 Property Rose         5,800,000 10/24/2017             842,246 324,880 517,366 25,000 0 492,366 97.0% 11/15/2017
3.06 Property Park         5,500,000 10/24/2017             993,907 524,788 469,119 31,701 0 437,418 96.6% 11/15/2017
4 Loan National Office Portfolio LO(26);DEF(90);O(4) 0 0 0 287,750,000 Various 1.81 1.64 64.1% 52.2% 11.2% 10.1% 38,630,025 18,051,854 20,578,171 643,175 1,286,350 18,648,646 77.5% 8/31/2017
4.01 Property 8330 LBJ Freeway         42,750,000 7/15/2017             5,864,932 2,378,455 3,486,477 95,346 190,692 3,200,440 85.3% 8/31/2017
4.02 Property 101 East Park Boulevard         36,100,000 7/15/2017             4,277,940 1,429,865 2,848,075 56,361 112,723 2,678,991 87.1% 8/31/2017
4.03 Property 13601 Preston Road         27,500,000 7/14/2017             3,875,726 1,661,164 2,214,562 65,494 130,988 2,018,081 82.0% 8/31/2017
4.04 Property 1750 East Golf Road         35,400,000 7/13/2017             5,773,927 2,991,546 2,782,381 53,053 106,106 2,623,222 97.3% 8/31/2017
4.05 Property 14800 Quorum Drive         13,550,000 7/15/2017             1,518,306 612,070 906,236 25,969 51,939 828,328 76.7% 8/31/2017
4.06 Property 1995 North Park Place         12,200,000 7/18/2017             1,627,072 727,946 899,126 24,980 49,960 824,186 76.9% 8/31/2017
4.07 Property Northlake - 2295 Parklake Dr NE         10,600,000 7/18/2017             1,927,363 900,434 1,026,929 30,382 60,764 935,783 79.8% 8/31/2017
4.08 Property 4751 Best Road         11,900,000 7/18/2017             1,551,928 672,927 879,001 23,271 46,542 809,188 84.2% 8/31/2017
4.09 Property The Centre - 4101 McEwen Road         12,100,000 7/14/2017             1,383,837 738,917 644,920 31,082 62,163 551,675 61.3% 8/31/2017
4.10 Property The Centre - 4099 McEwen Road         11,800,000 7/14/2017             1,647,099 827,041 820,058 30,928 61,856 727,275 77.6% 8/31/2017
4.11 Property 11225 North 28th Drive         9,070,000 7/13/2017             1,412,021 918,942 493,079 33,875 67,751 391,454 78.6% 8/31/2017
4.12 Property 10000 North 31st Ave         9,900,000 7/13/2017             1,326,083 854,686 471,397 32,045 64,090 375,262 64.4% 8/31/2017
4.13 Property The Centre - 4001 McEwen Road         10,000,000 7/14/2017             1,177,647 515,000 662,647 23,798 47,596 591,253 70.3% 8/31/2017
4.14 Property 4425 W Airport Fwy         8,400,000 7/14/2017             1,216,108 593,500 622,608 21,303 42,606 558,699 71.6% 8/31/2017
4.15 Property Northlake - 2302 Parklake Dr NE         11,800,000 7/18/2017             910,557 679,542 231,014 27,806 55,612 147,597 42.3% 8/31/2017
4.16 Property Northlake - 2305&2309 Parklake Dr NE         5,880,000 7/18/2017             1,050,901 423,736 627,165 16,290 32,579 578,297 70.0% 8/31/2017
4.17 Property 12100 Ford Road         12,500,000 7/14/2017             1,274,376 764,345 510,031 39,501 79,002 391,528 57.2% 8/31/2017
4.18 Property The Centre - 4000N&S McEwen Road         6,300,000 7/14/2017             814,202 361,738 452,464 11,692 23,385 417,387 100.0% 8/31/2017
5 Loan Tryad Industrial & Business Center LO(24);DEF(92);O(5) 0 0 0 210,000,000 12/1/2017 1.63 1.42 52.6% 43.3% 10.5% 9.2% 20,742,660 9,102,025 11,640,635 611,684 871,840 10,157,111 68.3% 12/7/2017
6 Loan HRC Hotels Portfolio LO(25);DEF(92);O(3) 0 0 0 129,000,000 9/1/2017 2.10 1.88 54.1% 44.6% 13.6% 12.2% 24,959,398 15,433,318 9,526,079 998,376 0 8,527,704 74.7% 7/31/2017
6.01 Property Hampton Inn Traverse City         23,000,000 8/12/2019             4,024,444 2,264,209 1,760,235 160,978 0 1,599,257 67.7% 7/31/2017
6.02 Property Homewood Suites by Hilton Indianapolis-Downtown         22,200,000 8/21/2017             5,052,061 3,168,410 1,883,651 202,082 0 1,681,569 80.1% 7/31/2017
6.03 Property Homewood Suites by Hilton Indianapolis-Airport/Plainfield         15,700,000 8/21/2017             2,870,916 1,756,749 1,114,167 114,837 0 999,330 85.5% 7/31/2017
6.04 Property Homewood Suites by Hilton Indianapolis Northwest         14,700,000 8/21/2017             2,752,140 1,859,516 892,624 110,086 0 782,538 70.0% 7/31/2017
6.05 Property Homewood Suites by Hilton Bloomington         13,400,000 8/21/2017             2,899,978 1,760,449 1,139,529 115,999 0 1,023,530 80.0% 7/31/2017
6.06 Property Hampton Inn & Suites Petoskey         11,700,000 8/12/2017             2,620,034 1,566,474 1,053,560 104,801 0 948,759 70.2% 7/31/2017
6.07 Property Hampton Inn & Suites Valparaiso         10,300,000 8/14/2017             2,493,605 1,571,263 922,342 99,744 0 822,598 76.0% 7/31/2017
6.08 Property Hampton Inn & Suites Kalamazoo-Oshtemo         9,500,000 8/14/2017             2,246,220 1,486,247 759,973 89,849 0 670,124 70.2% 7/31/2017
7 Loan Griffin Portfolio LO(24);YM1(90);O(6) 0 0 0 610,000,000 9/21/2017 2.67 2.49 61.5% 61.5% 10.2% 9.5% 54,906,442 16,595,713 38,310,729 591,601 2,066,126 35,653,002 98.4% Various
7.01 Property Restoration Hardware Distribution         120,000,000 9/1/2017             7,923,304 1,806,767 6,116,537 150,139 300,277 5,666,121 100.0% 12/1/2017
7.02 Property State Farm Regional HQ         122,000,000 9/6/2017             12,485,699 4,833,549 7,652,150 116,957 467,828 7,067,365 89.6% 9/1/2017
7.03 Property North Pointe I         61,000,000 9/6/2017             6,609,735 1,798,899 4,810,836 81,960 327,838 4,401,038 100.0% 12/1/2017
7.04 Property Corporate Campus at Norterra         60,000,000 9/6/2017             6,336,045 2,530,233 3,805,812 46,530 186,118 3,573,164 100.0% 12/1/2017
7.05 Property CHRISTUS Health HQ         55,690,000 9/8/2017             6,395,756 2,651,837 3,743,919 50,668 202,672 3,490,579 100.0% 9/1/2017
7.06 Property Duke Bridges I         42,270,000 9/8/2017             4,202,308 1,106,492 3,095,816 31,627 126,508 2,937,681 100.0% 12/1/2017
7.07 Property Wells Fargo Operations Center         41,500,000 9/6/2017             3,002,029 367,890 2,634,139 31,116 124,463 2,478,560 100.0% 12/1/2017
7.08 Property Ace Hardware HQ         35,000,000 9/5/2017             2,998,140 328,603 2,669,537 41,206 164,824 2,463,507 100.0% 12/1/2017
7.09 Property Royal Ridge V         32,900,000 9/8/2017             3,034,446 915,275 2,119,171 23,922 95,689 1,999,560 100.0% 12/1/2017
7.10 Property Comcast Regional HQ         21,700,000 9/5/2017             1,918,980 256,168 1,662,812 17,477 69,908 1,575,427 100.0% 12/1/2017
8 Loan General Motors Building LO(30);DEF(83);O(7) 2 day grace period permitted once every 12-month period 0 0 4,800,000,000 5/8/2017 4.45 4.33 30.6% 30.6% 15.5% 15.1% 334,764,418 107,458,009 227,306,409 397,997 5,363,618 221,544,794 95.0% 6/1/2017
9 Loan AvidXchange Headquarters LO(24);DEF(96);O(61) 0 0 0 86,000,000 10/20/2017 2.00 1.91 43.5% 40.3% 13.4% 12.7% 5,149,365 154,481 4,994,884 30,218 201,450 4,763,216 100.0% 12/1/2017
10 Loan Lockefield Gardens LO(25);DEF(92);O(3) 0 0, One 3 day grace period during loan term 0 48,100,000 8/2/2017 1.44 1.38 71.7% 61.5% 8.9% 8.5% 5,402,713 2,342,446 3,060,267 123,250 0 2,937,017 95.3% 10/18/2017
11 Loan Plaza Del Sol YM0.5(24);DEF/YM0.5(91);O(5) 5 5 0 45,650,000 10/20/2017 2.23 2.12 60.0% 60.0% 9.2% 8.7% 3,719,187 1,200,435 2,518,752 41,382 82,764 2,394,606 100.0% 10/01/2017
12 Loan Greenpoint Multifamily Portfolio LO(25);DEF(31);O(4) 0 0 0 43,500,000 10/3/2017 1.40 1.40 58.4% 58.4% 6.8% 6.8% 2,513,485 791,853 1,721,632 0 0 1,721,632 98.6% 10/30/2017
12.01 Property 164-166 Kingsland         10,970,000 10/3/2017             554,646 120,271 434,375 0 0 434,375 100.0% 10/30/2017
12.02 Property 673 Meeker Ave         5,360,000 10/3/2017             335,698 124,559 211,139 0 0 211,139 90.0% 10/30/2017
12.03 Property 657 Meeker Ave         5,250,000 10/3/2017             325,064 116,461 208,603 0 0 208,603 100.0% 10/30/2017
12.04 Property 669 Meeker Ave         5,090,000 10/3/2017             299,636 97,721 201,915 0 0 201,915 100.0% 10/30/2017
12.05 Property 3 Sutton Street         5,000,000 10/3/2017             271,794 78,978 192,816 0 0 192,816 100.0% 10/30/2017
12.06 Property 5 Sutton Street         4,430,000 10/3/2017             257,803 82,603 175,200 0 0 175,200 100.0% 10/30/2017
12.07 Property 667 Meeker Ave         3,700,000 10/3/2017             234,357 83,315 151,042 0 0 151,042 100.0% 10/30/2017
12.08 Property 661 Meeker Ave         3,700,000 10/3/2017             234,488 87,945 146,543 0 0 146,543 100.0% 10/30/2017
13 Loan Marketplace at Four Corners LO(24);DEF(91);O(5) 0 0 0 58,000,000 10/3/2017 1.43 1.33 72.4% 59.4% 9.1% 8.5% 5,240,068 1,420,559 3,819,509 82,004 168,000 3,569,505 98.9% 9/6/2017
14 Loan North Creek Parkway Center LO(24);DEF(93);O(3) 5 0 0 36,500,000 10/6/2017 2.02 1.67 65.0% 59.3% 12.0% 10.0% 4,309,021 1,455,478 2,853,543 51,325 439,892 2,362,327 92.7% 10/19/2017
15 Loan 5th Street Public Market LO(25);DEF/YM1(91);O(4) 0 0 0 29,100,000 09/15/2017 1.44 1.38 75.0% 65.8% 8.9% 8.5% 3,265,886 1,323,250 1,942,636 23,687 60,256 1,858,694 97.2% 10/1/2017
16 Loan Harmon Corner LO(24);DEF(92);O(4) 0 0 0 253,000,000 6/28/2017 2.04 2.02 56.5% 56.5% 8.8% 8.7% 15,385,192 2,836,810 12,548,382 13,723 102,920 12,431,740 100.0% 10/2/2017
17 Loan New Garden Crossing LO(30);DEF(87);O(3) 0 0 0 28,000,000 4/7/2017 1.66 1.54 66.1% 57.0% 10.6% 9.8% 2,419,151 466,403 1,952,747 25,343 109,818 1,817,587 100.0% 5/1/2017
18 Loan Covington Center II LO(27);DEF(90);O(3) 5 0 0 24,000,000 6/21/2017 1.49 1.38 68.5% 55.6% 9.1% 8.4% 1,632,520 132,745 1,499,776 21,335 91,058 1,387,383 100.0% 6/29/2017
19 Loan 900 on Nine LO(24);DEF(92);O(4) 0 0 0 22,600,000 10/16/2017 1.98 1.73 59.7% 48.6% 12.3% 10.8% 2,769,878 1,109,728 1,660,151 22,541 184,762 1,452,847 100.0% 10/10/2017
20 Loan Belden Park Crossing LO(25);DEF(91);O(4) 0 0 0 68,600,000 9/1/2017 1.71 1.61 74.3% 63.8% 10.6% 10.0% 7,866,498 2,449,394 5,417,104 72,598 238,094 5,106,412 96.7% 9/29/2017
21 Loan West Carmel Marketplace LO(24);DEF(94);O(3) 5 5 0 21,400,000 9/26/2017 1.67 1.54 58.9% 43.5% 11.3% 10.4% 2,077,718 648,677 1,429,040 30,564 85,088 1,313,388 100.0% 10/30/2017
22 Loan Elysian Brewery LO(24);DEF(92);O(4) 0 0 0 22,000,000 10/24/2017 2.01 2.01 54.5% 54.5% 9.0% 9.0% 1,320,190 245,376 1,074,814 0 0 1,074,814 100.0% 11/1/2017
23 Loan Alliance Crossing LO(24);DEF(89);O(7) 0 0 0 16,000,000 10/31/2017 1.83 1.72 69.4% 56.4% 11.3% 10.6% 1,791,984 535,359 1,256,625 12,253 63,192 1,181,181 93.6% 10/1/2017
24 Loan South Coast Plaza LO(12);YM1(104);O(4) 0 0 0 17,400,000 10/8/2017 1.52 1.40 63.2% 51.8% 9.7% 8.9% 1,538,789 474,834 1,063,955 15,176 67,083 981,697 89.0% 8/31/2017
25 Loan Springhill Suites Wichita Airport LO(24);DEF(93);O(4) 5 5 0 16,200,000 10/31/2017 2.25 2.00 65.4% 53.9% 14.6% 12.9% 3,488,549 1,944,069 1,544,481 174,427 0 1,370,053 73.0% 11/30/2017
26 Loan Town Center Commons LO(24);DEF(32);O(4) 0 0 0 14,550,000 11/8/2017 1.87 1.76 70.0% 70.0% 10.3% 9.7% 1,322,775 271,715 1,051,060 10,825 51,411 988,823 100.0% 10/31/2017
27 Loan Holiday Inn Express & Suites Charlotte Airport LO(24);DEF(29);O(7) 0 0 0 16,000,000 10/1/2017 1.59 1.41 59.7% 53.4% 12.5% 11.0% 3,464,735 2,274,953 1,189,782 138,589 0 1,051,192 67.2% 10/31/2017
28 Loan Hampton Inn & Suites Lake City LO(24);DEF(92);O(4) 0 0 0 15,900,000 09/16/2017 2.49 2.26 59.7% 44.1% 16.9% 15.3% 3,680,021 2,076,113 1,603,908 147,201 0 1,456,707 85.0% 10/24/2017
29 Loan Candlewood Suites Fayetteville LO(25);DEF(92);O(3) 0 15 0 15,100,000 9/20/2017 2.09 1.90 59.5% 44.5% 14.6% 13.3% 2,398,387 1,084,856 1,313,530 117,884 0 1,195,647 88.1% 8/31/2017
30 Loan Hampton Inn - Gulf Shores LO(24);DEF(92);O(4) 0 0 0 14,600,000 10/27/2017 1.89 1.72 60.3% 50.2% 12.8% 11.6% 2,654,035 1,529,244 1,124,791 106,161 0 1,018,629 65.1% 9/30/2017
31 Loan TownePlace Meridian LO(24);DEF(93);O(3) 0 0 0 13,000,000 11/1/2017 2.08 1.85 62.7% 51.3% 13.1% 11.7% 2,903,787 1,833,431 1,070,356 116,151 0 954,205 74.0% 9/30/2017
32 Loan RPI Student Housing Portfolio LO(25);DEF(90);O(5) 0 0 0 12,600,000 9/18/2017 1.62 1.50 63.7% 51.6% 11.5% 10.6% 1,723,540 804,549 918,991 71,225 0 847,766 94.2% 10/23/2017
33 Loan Murrieta Plaza LO(49);YM1(67);O(4) 5 5 0 50,800,000 8/20/2017 1.43 1.37 65.0% 59.5% 8.8% 8.4% 3,968,219 1,063,309 2,904,909 35,281 105,000 2,764,630 87.2% 9/30/2017
34 Loan Airport Commerce Center LO(24);DEF(91);O(6) 0 0 0 11,000,000 12/6/2017 1.56 1.37 71.8% 59.1% 10.1% 8.9% 1,304,073 507,929 796,144 38,478 54,968 702,698 96.0% 10/31/2017
35 Loan Hampton Inn & Suites Blythe LO(24);DEF(92);O(4) 0 0 0 13,100,000 11/07/2017 2.47 2.24 59.5% 48.3% 15.2% 13.8% 2,831,737 1,643,770 1,187,967 113,269 0 1,074,697 80.0% 11/18/2017
36 Loan CVS - Tiverton LO(24);DEF(91);O(5) 0 0 0 9,480,000 8/3/2017 1.33 1.30 67.9% 55.6% 8.4% 8.3% 642,031 100,256 541,775 3,567 5,891 532,316 100.0% 7/27/2017
37 Loan Nautilus FedEx Portfolio LO(23);YM1(93);O(4) 0 0 0 12,800,000 Various 2.75 2.56 49.9% 49.9% 13.8% 12.8% 1,058,022 177,000 881,022 14,199 47,330 819,494 100.0% 12/1/2017
37.01 Property Littleton         7,400,000 10/26/2017             618,782 101,936 516,846 7,743 25,810 483,293 100.0% 12/1/2017
37.02 Property Mason City         5,400,000 10/24/2017             439,240 75,064 364,176 6,456 21,520 336,201 100.0% 12/1/2017
38 Loan 660 NCX LO(24);DEF(92);O(4) 0 0 0 8,900,000 10/26/2017 2.02 1.66 62.7% 51.7% 14.6% 12.0% 1,394,081 581,269 812,812 13,698 131,949 667,165 82.1% 10/1/2017
39 Loan Airport Investment & Airport Overlook LO(24);YM0.5(91);O(5) 0 0 0 46,300,000 9/12/2017 2.01 1.80 60.4% 48.9% 12.2% 10.9% 4,116,559 707,045 3,409,514 45,737 306,721 3,057,056 100.0% Various
39.01 Property Airport Investment         39,900,000 9/12/2017             3,320,014 401,374 2,918,641 38,891 257,603 2,622,146 100.0% 12/1/2017
39.02 Property Airport Overlook         6,400,000 9/12/2017             796,545 305,672 490,873 6,846 49,118 434,909 100.0% 10/1/2017
40 Loan Lynchburg Apartments LO(24);DEF(92);O(4) 4 5 0 7,200,000 8/30/2017 1.36 1.33 70.8% 58.6% 8.6% 8.4% 657,993 221,292 436,701 9,000 0 427,701 98.3% 9/22/2017
41 Loan Concord Multifamily Portfolio LO(25);YM1(92);O(3) 5 0 0 8,660,000 8/25/2017 1.48 1.40 54.8% 44.7% 9.3% 8.8% 708,308 267,389 440,920 13,534 10,116 417,270 100.0% Various
41.01 Property Bloomfield Rental Townhomes         3,550,000 8/25/2017             277,813 111,025 166,789 5,310 0 161,479 100.0% 8/23/2017
41.02 Property 1500 Willow Pass Court         2,000,000 8/25/2017             200,066 55,290 144,776 2,704 10,116 131,956 100.0% 12/1/2017
41.03 Property California Street Townhomes         1,670,000 8/25/2017             125,248 54,641 70,607 2,676 0 67,931 100.0% 8/23/2017
41.04 Property Grant Street Townhomes         1,440,000 8/25/2017             105,181 46,434 58,748 2,844 0 55,904 100.0% 8/23/2017
42 Loan Mini U Storage - Livonia LO(24);YM1(93);O(3) 0 0 0 7,500,000 10/19/2017 1.72 1.68 57.3% 52.5% 10.5% 10.2% 783,802 331,059 452,743 12,559 0 440,184 92.8% 9/30/2017
43 Loan Mini U Storage - Denver LO(24);YM1(93);O(3) 0 0 0 7,300,000 10/13/2017 1.68 1.65 58.9% 53.9% 10.3% 10.1% 783,667 342,579 441,088 6,566 0 434,522 95.1% 9/30/2017
44 Loan Hampton Inn - South Haven LO(24);DEF(92);O(4) 0 0 0 7,200,000 10/12/2017 2.29 2.06 56.3% 42.7% 16.8% 15.1% 1,721,832 1,042,540 679,292 68,873 0 610,419 57.1% TTM 9/30/2017
45 Loan Essex Centre LO(24);DEF(32);O(4) 0 0 0 5,800,000 11/06/2017 1.65 1.45 69.0% 64.2% 11.5% 10.1% 889,721 430,288 459,433 12,656 42,456 404,321 94.8% 10/31/2017
46 Loan Mini U Storage - Highlands Ranch LO(24);YM1(93);O(3) 0 0 0 6,900,000 10/13/2017 1.72 1.70 56.5% 51.8% 10.5% 10.4% 828,631 419,284 409,347 4,564 0 404,784 91.5% 9/30/2017
47 Loan Amelia Court Apartments LO(24);DEF(94);O(3) 0 0 0 4,150,000 10/26/2017 1.51 1.38 74.7% 62.6% 10.4% 9.5% 578,459 254,619 323,840 27,900 0 295,940 98.9% 11/8/2017
48 Loan 55 Northwest 25th Street LO(25);DEF(91);O(4) 0 0 0 4,500,000 6/2/2017 1.45 1.39 64.4% 64.4% 7.7% 7.4% 312,514 88,483 224,031 750 7,483 215,797 100.0% 9/1/2017

 

 

 

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

 

Mortgage Loan Number Property Flag Property Name 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 Third Most Recent Expenses Third Most Recent NOI Largest Tenant Name(9)(10)(28) Largest Tenant Sq. Ft. Largest Tenant % of NRA Largest Tenant Exp. Date(2) Second Largest Tenant Name(9)(10)(11)(12) Second Largest Tenant Sq. Ft. Second Largest Tenant % of NRA Second Largest Tenant Exp. Date(2)
1 Loan One State Street TTM 8/31/2017 40,243,472 22,220,397 18,023,075 12/31/2016 40,544,371 22,204,387 18,339,984 12/31/2015 38,732,858 22,478,614 16,254,244 New York State Department of Financial Services 265,021 29.7% 10/31/2031 Ambac Assurance Corporation 103,484 11.6% 9/30/2019 (77,613 SF); 12/31/2029 (25,871 SF)
2 Loan AFIN Portfolio TTM 9/30/2017 37,067,823 11,060,915 26,006,908 12/31/2016 37,394,183 10,389,232 27,004,951 N/A N/A N/A N/A Various Various N/A Various Various Various N/A Various
2.01 Property Montecito Crossing TTM 9/30/2017 4,459,736 912,039 3,547,697 12/31/2016 4,371,471 855,965 3,515,506 N/A N/A N/A N/A HomeGoods 25,000 13.9% 07/31/2019 Petsmart 22,400 12.5% 05/31/2023
2.02 Property Jefferson Commons TTM 9/30/2017 3,238,890 825,566 2,413,324 12/31/2016 3,444,240 861,289 2,582,951 N/A N/A N/A N/A ACADEMY 71,914 34.9% 02/28/2030 Aldi 24,067 11.7% 05/31/2028
2.03 Property Best on the Boulevard TTM 9/30/2017 3,797,966 695,223 3,102,743 12/31/2016 3,669,121 634,734 3,034,387 N/A N/A N/A N/A Best Buy 57,726 28.2% 01/31/2025 Seafood City 42,618 20.8% 02/28/2022
2.04 Property Northpark Center TTM 9/30/2017 4,311,414 2,142,753 2,168,661 12/31/2016 3,844,916 1,923,822 1,921,094 N/A N/A N/A N/A N ELDER BEERMAN 101,840 32.0% 10/31/2019 KOHL’S 80,731 25.4% 01/31/2020
2.05 Property Anderson Station TTM 9/30/2017 2,963,729 996,728 1,967,001 12/31/2016 3,173,257 915,773 2,257,484 N/A N/A N/A N/A Hobby Lobby 55,000 22.5% 08/31/2019 Ross Dress For Less 30,187 12.4% 01/31/2022
2.06 Property Cross Pointe Center TTM 9/30/2017 2,898,647 766,937 2,131,710 12/31/2016 2,753,067 685,622 2,067,445 N/A N/A N/A N/A DEVELOPERS REALTY CORP 104,155 46.1% 01/31/2047 TJ MAXX #354 30,000 13.3% 10/31/2026
2.07 Property San Pedro Crossing TTM 9/30/2017 4,508,366 1,551,760 2,956,606 12/31/2016 4,593,896 1,532,682 3,061,214 N/A N/A N/A N/A TOYS R US 60,687 29.3% 1/31/2021 BARNES & NOBLE BOOKSTORE 35,475 17.1% 02/28/2021
2.08 Property Riverbend Marketplace TTM 9/30/2017 2,099,325 569,861 1,529,464 12/31/2016 2,096,136 545,442 1,550,694 N/A N/A N/A N/A Kohl’s 88,408 62.0% 04/30/2025 Petsmart 19,107 13.4% 01/31/2025
2.09 Property Shops at RiverGate South TTM 9/30/2017 2,451,691 721,631 1,730,060 12/31/2016 2,872,251 664,277 2,207,974 N/A N/A N/A N/A HomeGoods 24,000 17.1% 09/30/2024 Michaels Stores 17,497 12.4% 02/28/2025
2.10 Property Centennial Plaza TTM 9/30/2017 2,441,135 599,488 1,841,647 12/31/2016 2,775,847 687,286 2,088,561 N/A N/A N/A N/A HOME DEPOT 102,962 44.0% 01/31/2019 BEST BUY 45,753 19.6% 01/31/2023
2.11 Property Shoppes of West Melbourne TTM 9/30/2017 2,324,971 733,086 1,591,885 12/31/2016 2,210,704 595,279 1,615,425 N/A N/A N/A N/A JO ANN FABRIC AND CRAFT STOR 35,759 24.7% 01/31/2021 BED BATH & BEYOND 26,274 18.2% 01/31/2023
2.12 Property North Lakeland Plaza TTM 9/30/2017 1,571,953 545,843 1,026,110 12/31/2016 1,589,277 487,061 1,102,216 N/A N/A N/A N/A Beall’s Department Store 84,146 49.1% 04/30/2020 Best Buy Stores, L.P. 51,868 30.3% 01/31/2021
3 Loan Eagle Multifamily Portfolio TTM 9/30/2017 11,413,595 4,651,828 6,761,767 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 N/A N/A N/A
3.01 Property Bay TTM 9/30/2017 2,485,979 864,455 1,621,524 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 N/A N/A N/A
3.02 Property Brookside TTM 9/30/2017 2,897,263 1,312,605 1,584,658 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 N/A N/A N/A
3.03 Property Millennium TTM 9/30/2017 1,942,469 835,350 1,107,119 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 N/A N/A N/A
3.04 Property Ridge TTM 9/30/2017 2,287,094 869,782 1,417,313 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 N/A N/A N/A
3.05 Property Rose TTM 9/30/2017 823,581 292,331 531,250 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 N/A N/A N/A
3.06 Property Park TTM 9/30/2017 977,209 477,306 499,903 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 N/A N/A N/A
4 Loan National Office Portfolio TTM 8/31/2017 34,604,835 17,986,810 16,618,026 12/31/2016 32,062,523 17,768,808 14,293,715 12/31/2015 33,879,766 17,492,296 16,387,470 Various Various N/A Various Various Various N/A Various
4.01 Property 8330 LBJ Freeway TTM 8/31/2017 4,835,602 2,348,873 2,486,729 12/31/2016 4,377,524 2,151,230 2,226,294 12/31/2015 7,074,544 2,353,218 4,721,326 Trinity Universal Insurance Co 84,114 22.1% 6/30/2025 AZ College 24,065 6.3% 8/31/2030
4.02 Property 101 East Park Boulevard TTM 8/31/2017 3,520,341 1,326,254 2,194,088 12/31/2016 3,180,538 1,394,729 1,785,810 12/31/2015 4,124,460 1,702,455 2,422,005 M. White & Associates, LLC 24,896 11.0% 9/30/2023 General Services Administration 18,753 8.3% 8/17/2030
4.03 Property 13601 Preston Road TTM 8/31/2017 3,300,928 1,652,905 1,648,023 12/31/2016 3,005,621 1,570,121 1,435,500 12/31/2015 2,832,123 1,654,324 1,177,799 AT&T 13,358 5.1% 8/31/2021 Mbroh Engineering, Inc. 5,635 2.2% 6/30/2022
4.04 Property 1750 East Golf Road TTM 8/31/2017 5,575,355 3,024,178 2,551,177 12/31/2016 5,327,020 3,048,095 2,278,925 12/31/2015 5,288,786 2,931,325 2,357,461 Career Education Corporation 116,387 54.8% 5/31/2020 Assurance Agency, Ltd 63,113 29.7% 9/30/2023
4.05 Property 14800 Quorum Drive TTM 8/31/2017 1,391,459 608,168 783,291 12/31/2016 1,521,458 653,758 867,700 12/31/2015 1,650,576 660,180 990,396 Idea Grove LLC 6,845 6.6% 2/28/2019 On-Site Manager, Inc 6,838 6.6% 2/28/2018
4.06 Property 1995 North Park Place TTM 8/31/2017 1,660,349 730,040 930,309 12/31/2016 1,631,479 761,208 870,271 12/31/2015 1,562,157 791,587 770,569 GSA - US Army 16,778 16.8% 2/3/2020 G4S Secure Solutions 7,486 7.5% 10/31/2017
4.07 Property Northlake - 2295 Parklake Dr NE TTM 8/31/2017 1,601,423 910,515 690,908 12/31/2016 1,342,103 892,898 449,205 12/31/2015 980,802 785,076 195,726 Leidos, Inc 16,372 13.5% 2/28/2022 Midwest Medical 8,654 7.1% 11/30/2018
4.08 Property 4751 Best Road TTM 8/31/2017 1,474,324 685,470 788,854 12/31/2016 1,344,457 751,674 592,783 12/31/2015 1,130,105 626,278 503,827 Southeastrans, Inc 31,129 33.4% 10/31/2018 Greene Consulting Associates, LLC 5,145 5.5% 3/31/2019
4.09 Property The Centre - 4101 McEwen Road TTM 8/31/2017 1,245,140 737,212 507,928 12/31/2016 914,170 737,961 176,209 12/31/2015 1,047,017 653,652 393,365 SCIenergy, Inc 10,071 8.1% 1/31/2020 Nemeth & Reese, L.P. 5,878 4.7% 10/31/2021
4.10 Property The Centre - 4099 McEwen Road TTM 8/31/2017 1,505,536 815,542 689,994 12/31/2016 1,304,485 786,570 517,915 12/31/2015 1,295,737 749,163 546,574 American Medical Response Ambulance 15,479 12.5% 5/31/2021 Collecto, Inc 10,170 8.2% 4/30/2021
4.11 Property 11225 North 28th Drive TTM 8/31/2017 1,266,871 920,148 346,723 12/31/2016 1,180,406 927,020 253,386 12/31/2015 960,197 889,449 70,748 Southwest Annuities Marketing, LLC 16,332 12.1% 2/28/2021 Sonovision USA, Inc 8,532 6.3% 11/30/2020
4.12 Property 10000 North 31st Ave TTM 8/31/2017 1,221,055 868,720 352,335 12/31/2016 1,161,945 825,547 336,398 12/31/2015 1,095,545 749,773 345,772 FCNH, Inc 18,912 14.8% 3/31/2019 Duet Partners in Health & Aging 8,784 6.9% 5/31/2025
4.13 Property The Centre - 4001 McEwen Road TTM 8/31/2017 1,054,799 516,535 538,264 12/31/2016 1,016,963 508,609 508,354 12/31/2015 586,379 479,700 106,678 Nurtur Health, Inc. 47,780 50.2% 12/31/2020 Downing Labs, LLC 12,752 13.4% 12/31/2018
4.14 Property 4425 W Airport Fwy TTM 8/31/2017 1,118,170 595,559 522,610 12/31/2016 896,676 568,996 327,680 12/31/2015 429,578 346,785 82,793 Air Serv Corporation 5,422 6.4% 1/31/2018 State of Florida Department of Revenue 5,417 6.4% 3/31/2021
4.15 Property Northlake - 2302 Parklake Dr NE TTM 8/31/2017 1,157,645 710,348 447,297 12/31/2016 1,083,453 644,130 439,324 12/31/2015 992,494 628,612 363,882 Babcock & Wilcox Power Generation 8,712 7.8% 1/31/2018 National Mentor Healthcare, LLC 7,739 7.0% 10/31/2022
4.16 Property Northlake - 2305&2309 Parklake Dr NE TTM 8/31/2017 442,332 405,168 37,164 12/31/2016 723,558 477,486 246,072 12/31/2015 895,590 443,845 451,745 Department of Veterans Affairs 23,596 36.2% 9/30/2027 International Rescue Committee 15,651 24.0% 3/31/2022
4.17 Property 12100 Ford Road TTM 8/31/2017 1,439,079 770,107 668,971 12/31/2016 1,266,542 711,864 554,678 12/31/2015 1,143,000 694,875 448,125 State of Texas - Health & Human Services 15,425 9.8% 10/31/2023 Apex TITAN, Inc. 11,360 7.2% 11/30/2021
4.18 Property The Centre - 4000N&S McEwen Road TTM 8/31/2017 794,427 361,067 433,360 12/31/2016 784,123 356,912 427,211 12/31/2015 790,677 351,999 438,678 Centene Corporation 46,769 100.0% 12/31/2020 N/A N/A N/A N/A
5 Loan Tryad Industrial & Business Center TTM 9/30/2017 20,065,147 9,305,710 10,759,437 12/31/2016 18,720,741 9,192,277 9,528,464 12/31/2015 15,207,112 9,286,785 5,920,327 Hammer Packaging Corporation 268,109 8.0% 12/31/2018 Harris Corporation (formerly ITT Space Systems) 260,108 7.8% 12/31/2022;8/31/2020;4/30/2027
6 Loan HRC Hotels Portfolio TTM 7/31/2017 25,659,730 15,669,094 9,990,636 12/31/2016 25,366,259 15,557,480 9,808,779 12/31/2015 24,415,140 14,809,789 9,605,351 N/A N/A N/A N/A N/A N/A N/A N/A
6.01 Property Hampton Inn Traverse City TTM 7/31/2017 4,024,444 2,280,880 1,743,564 12/31/2016 3,974,890 2,243,098 1,731,792 12/31/2015 3,660,319 2,114,622 1,545,697 N/A N/A N/A N/A N/A N/A N/A N/A
6.02 Property Homewood Suites by Hilton Indianapolis-Downtown TTM 7/31/2017 5,059,549 3,207,847 1,851,702 12/31/2016 5,167,969 3,264,506 1,903,463 12/31/2015 4,997,219 3,115,965 1,881,254 N/A N/A N/A N/A N/A N/A N/A N/A
6.03 Property Homewood Suites by Hilton Indianapolis-Airport/Plainfield TTM 7/31/2017 3,160,522 1,834,390 1,326,132 12/31/2016 2,873,182 1,741,071 1,132,111 12/31/2015 2,832,910 1,723,853 1,109,057 N/A N/A N/A N/A N/A N/A N/A N/A
6.04 Property Homewood Suites by Hilton Indianapolis Northwest TTM 7/31/2017 2,752,140 1,853,359 898,781 12/31/2016 3,009,086 1,900,257 1,108,829 12/31/2015 2,817,864 1,655,162 1,162,702 N/A N/A N/A N/A N/A N/A N/A N/A
6.05 Property Homewood Suites by Hilton Bloomington TTM 7/31/2017 2,979,459 1,796,921 1,182,538 12/31/2016 2,906,036 1,759,316 1,146,720 12/31/2015 2,793,565 1,706,693 1,086,872 N/A N/A N/A N/A N/A N/A N/A N/A
6.06 Property Hampton Inn & Suites Petoskey TTM 7/31/2017 2,747,957 1,576,988 1,170,969 12/31/2016 2,680,331 1,585,915 1,094,416 12/31/2015 2,444,484 1,464,716 979,768 N/A N/A N/A N/A N/A N/A N/A N/A
6.07 Property Hampton Inn & Suites Valparaiso TTM 7/31/2017 2,574,323 1,609,011 965,312 12/31/2016 2,500,775 1,579,274 921,501 12/31/2015 2,451,380 1,535,628 915,752 N/A N/A N/A N/A N/A N/A N/A N/A
6.08 Property Hampton Inn & Suites Kalamazoo-Oshtemo TTM 7/31/2017 2,361,336 1,509,698 851,638 12/31/2016 2,253,990 1,484,043 769,947 12/31/2015 2,417,399 1,493,150 924,249 N/A N/A N/A N/A N/A N/A N/A N/A
7 Loan Griffin Portfolio TTM 6/30/2017 53,078,885 16,389,774 36,689,111 12/31/2016 52,468,474 16,049,042 36,419,432 12/31/2015 37,692,649 10,913,927 26,778,722 Various Various N/A Various Various Various N/A Various
7.01 Property Restoration Hardware Distribution TTM 6/30/2017 8,028,759 1,995,571 6,033,188 12/31/2016 7,922,342 1,735,336 6,187,006 12/31/2015 2,730,117 421,425 2,308,692 Restoration Hardware 1,501,387 100.0% 8/31/2030 N/A N/A N/A N/A
7.02 Property State Farm Regional HQ TTM 6/30/2017 11,675,335 4,275,112 7,400,223 12/31/2016 11,859,572 4,454,970 7,404,602 12/31/2015 7,175,683 2,325,157 4,850,526 State Farm 503,201 86.0% 12/31/2023 BCD Travel USA 7,081 1.2% 11/30/2023
7.03 Property North Pointe I TTM 6/30/2017 6,619,695 1,853,901 4,765,794 12/31/2016 6,772,011 1,906,212 4,865,800 12/31/2015 5,779,627 1,659,836 4,119,792 General Electric Co. 409,798 100.0% 3/31/2020 N/A N/A N/A N/A
7.04 Property Corporate Campus at Norterra TTM 6/30/2017 6,201,249 2,563,259 3,637,990 12/31/2016 6,158,229 2,434,617 3,723,611 12/31/2015 5,931,856 2,366,863 3,564,993 Cigna Health Care 232,648 100.0% 7/31/2023 N/A N/A N/A N/A
7.05 Property CHRISTUS Health HQ TTM 6/30/2017 6,149,427 2,691,404 3,458,023 12/31/2016 6,124,702 2,679,469 3,445,233 12/31/2015 5,816,526 2,521,037 3,295,489 CHRISTUS Health 247,721 97.8% 11/30/2024 NTX Food (Mason’s Cafe) 2,117 0.8% 1/31/2018
7.06 Property Duke Bridges I TTM 6/30/2017 3,230,469 1,114,136 2,116,333 12/31/2016 3,349,104 1,017,641 2,331,463 12/31/2015 1,945,910 628,705 1,317,205 T-Mobile West 158,135 100.0% 4/30/2027 N/A N/A N/A N/A
7.07 Property Wells Fargo Operations Center TTM 6/30/2017 3,116,003 332,110 2,783,893 12/31/2016 3,043,730 391,963 2,651,767 12/31/2015 3,277,710 478,244 2,799,466 Wells Fargo Bank 155,579 100.0% 1/31/2025 N/A N/A N/A N/A
7.08 Property Ace Hardware HQ TTM 6/30/2017 3,079,587 296,059 2,783,528 12/31/2016 3,013,303 270,234 2,743,069 12/31/2015 3,031,467 264,608 2,766,860 Ace Hardware Corporation 206,030 100.0% 11/30/2024 N/A N/A N/A N/A
7.09 Property Royal Ridge V TTM 6/30/2017 2,885,615 1,007,695 1,877,920 12/31/2016 2,152,998 874,647 1,278,351 N/A N/A N/A N/A NEC 119,611 100.0% 3/31/2026 N/A N/A N/A N/A
7.10 Property Comcast Regional HQ TTM 6/30/2017 2,092,746 260,527 1,832,219 12/31/2016 2,072,482 283,952 1,788,530 12/31/2015 2,003,752 248,052 1,755,700 Comcast 87,385 100.0% 7/31/2027 N/A N/A N/A N/A
8 Loan General Motors Building 12/31/2016 256,349,455 104,924,109 151,425,346 12/31/2015 249,768,162 99,256,499 150,511,664 12/31/2014 257,318,784 92,003,166 165,315,617 Weil, Gotshal & Manges 489,867 24.6% 8/31/2019 (100,024 Sq. Ft.); 8/31/2034 (389,843 Sq. Ft.) Aramis 299,895 15.1% 3/31/2020
9 Loan AvidXchange Headquarters N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A AvidXchange 201,450 100.0% 4/30/2032 N/A N/A N/A N/A
10 Loan Lockefield Gardens TTM 9/30/2017 5,188,627 2,462,441 2,726,186 12/31/2016 5,078,703 2,443,370 2,635,333 12/31/2015 5,166,762 2,320,523 2,846,239 N/A N/A N/A N/A N/A N/A N/A N/A
11 Loan Plaza Del Sol TTM 9/30/2017 3,423,040 999,408 2,423,633 12/31/2016 3,091,969 931,991 2,159,978 12/31/2015 3,120,877 900,661 2,220,217 Vallarta Supermarket 45,000 27.2% 12/14/2023 Planet Fitness 28,424 17.2% 12/31/2026
12 Loan Greenpoint Multifamily 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 N/A N/A N/A N/A N/A N/A N/A
12.01 Property 164-166 Kingsland 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 N/A N/A N/A N/A N/A N/A N/A
12.02 Property 673 Meeker Ave 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 N/A N/A N/A N/A N/A N/A N/A
12.03 Property 657 Meeker Ave 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 N/A N/A N/A N/A N/A N/A N/A
12.04 Property 669 Meeker Ave 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 N/A N/A N/A N/A N/A N/A N/A
12.05 Property 3 Sutton Street 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 N/A N/A N/A N/A N/A N/A N/A
12.06 Property 5 Sutton Street 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 N/A N/A N/A N/A N/A N/A N/A
12.07 Property 667 Meeker Ave 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 N/A N/A N/A N/A N/A N/A N/A
12.08 Property 661 Meeker Ave 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 N/A N/A N/A N/A N/A N/A N/A
13 Loan Marketplace at Four Corners TTM 8/31/2017 5,289,411 1,374,376 3,915,035 12/31/2016 5,229,106 1,338,800 3,890,306 12/31/2015 5,123,480 1,228,162 3,895,318 Walmart 192,390 36.6% 12/31/2022 Kohl’s 86,584 16.5% 1/31/2027
14 Loan North Creek Parkway Center TTM 8/31/2017 4,275,750 1,436,164 2,839,586 12/31/2016 4,026,326 1,468,032 2,558,294 12/31/2015 3,331,982 1,416,523 1,915,459 Alder Biopharmaceuticals, Inc 68,700 33.5% 7/31/2023 Brooks Applied Labs, LLC 23,254 11.3% 1/31/2023
15 Loan 5th Street Public Market TTM 8/31/2017 3,281,127 1,244,647 2,036,480 12/31/2016 3,232,661 1,204,630 2,028,031 12/31/2015 3,034,754 1,183,799 1,850,955 Provisions Market Hall 9,398 11.9% 04/30/2025 McKenzie Brewing (Steelhead Brewery) 5,380 6.8% 03/31/2023
16 Loan Harmon Corner TTM 9/30/2017 14,631,499 2,602,633 12,028,866 12/31/2016 13,362,707 2,301,291 11,061,416 12/31/2015 11,146,541 2,417,643 8,728,898 Rainforest Café 14,799 21.6% 9/30/2025 Bubba Gump Shrimp Co. 12,794 18.6% 12/31/2022
17 Loan New Garden Crossing TTM 8/31/2017 2,446,939 452,968 1,993,971 12/31/2016 2,489,262 464,828 2,024,434 12/31/2015 2,372,632 443,170 1,929,461 Lowe’s Foods, LLC 49,673 29.4% 5/8/2021 Marshalls of MA, Inc. 28,000 16.6% 9/30/2022
18 Loan Covington Center II TTM 5/31/2017 1,576,429 87,131 1,489,298 12/31/2016 1,553,981 86,218 1,467,763 12/31/2015 1,483,298 84,554 1,398,744 Kohl’s Corp. 97,843 91.7% 3/30/2026 Trapper Sushi 2,850 2.7% 9/30/2021
19 Loan 900 on Nine TTM 9/30/2017 2,272,695 1,085,395 1,187,300 12/31/2016 2,182,500 1,023,656 1,158,844 12/31/2015 2,221,674 1,108,236 1,113,438 NIP/Extensis 65,664 58.3% 3/31/2028 Onyx Equities 14,370 12.8% 6/30/2025
20 Loan Belden Park Crossing TTM 8/31/2017 7,367,583 2,308,322 5,059,261 12/31/2016 7,910,626 2,409,871 5,500,754 12/31/2015 7,536,834 2,309,757 5,227,077 Kohl’s 99,776 20.6% 1/31/2021 Dick’s Sporting Goods 65,120 13.5% 10/31/2020
21 Loan West Carmel Marketplace TTM 10/31/2017 2,272,861 703,344 1,569,517 12/31/2016 2,073,386 666,911 1,406,475 12/31/2015 2,026,525 625,287 1,401,238 Marshall’s 33,000 27.3% 10/31/2021 Best Buy 30,000 24.8% 1/31/2022
22 Loan Elysian Brewery N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Elysian Brewery 73,079 94.6% 11/30/2035 New Core 4,190 5.4% 12/31/2035
23 Loan Alliance Crossing TTM 10/31/2017 1,698,700 571,775 1,126,925 12/31/2016 1,659,517 604,074 1,055,443 12/31/2015 1,479,916 646,329 833,587 Texas Health Resources 9,874 15.3% 4/30/2021 (6,716); 3/31/2024 (3,158) Tarrant County Workforce 6,648 10.3% 2/28/2025
24 Loan South Coast Plaza TTM 9/30/2017 1,497,937 402,034 1,095,902 12/31/2016 1,609,878 453,663 1,156,214 12/31/2015 1,603,491 450,475 1,153,017 Big Lots 23,000 22.7% 1/31/2021 Brightwood College 20,669 20.4% 12/31/2022
25 Loan Springhill Suites Wichita Airport TTM 10/31/2017 3,488,549 1,870,429 1,618,120 12/31/2016 3,467,686 1,979,399 1,488,287 12/31/2015 2,659,527 1,556,543 1,102,984 N/A N/A N/A N/A N/A N/A N/A N/A
26 Loan Town Center Commons TTM 10/31/2017 859,148 270,355 588,793 12/31/2016 1,148,059 286,346 861,712 12/31/2015 1,162,683 265,445 897,238 Field & Stream 42,728 59.2% 1/31/2033 Lifeway Christian Resource 7,800 10.8% 9/30/2018
27 Loan Holiday Inn Express & Suites Charlotte Airport TTM 10/31/2017 3,461,815 2,257,461 1,204,353 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 N/A N/A N/A
28 Loan Hampton Inn & Suites Lake City TTM 8/31/2017 3,763,883 2,107,033 1,656,850 12/31/2016 3,699,118 2,032,312 1,666,806 12/31/2015 3,863,379 2,143,419 1,719,960 N/A N/A N/A N/A N/A N/A N/A N/A
29 Loan Candlewood Suites Fayetteville TTM 8/31/2017 3,243,161 1,604,299 1,638,862 12/31/2016 3,145,452 1,626,081 1,519,371 12/31/2015 2,797,648 1,528,106 1,269,542 N/A N/A N/A N/A N/A N/A N/A N/A
30 Loan Hampton Inn - Gulf Shores TTM 9/30/2017 2,654,035 1,559,819 1,094,216 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 N/A N/A N/A
31 Loan TownePlace Meridian TTM 9/30/2017 2,903,787 1,842,469 1,061,319 12/31/2016 2,869,851 1,773,759 1,096,091 12/31/2015 2,475,779 1,704,789 770,990 N/A N/A N/A N/A N/A N/A N/A N/A
32 Loan RPI Student Housing Portfolio TTM 8/31/2017 1,612,139 638,154 973,986 T-8 8/31/2017 1,462,557 729,872 732,685 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
33 Loan Murrieta Plaza TTM 7/31/2017 4,381,410 929,201 3,452,210 12/31/2016 4,360,255 910,439 3,449,816 12/31/2015 4,166,534 981,033 3,185,501 Dick’s Sporting Goods 60,000 42.5% 3/31/2022 24 Hour Fitness 18,060 12.8% 4/30/2022
34 Loan Airport Commerce Center TTM 10/31/2017 1,278,295 473,410 804,885 12/31/2016 1,201,805 483,010 718,795 12/31/2015 1,109,173 444,350 664,824 Amagic Holographics, Inc. 12,250 6.7% 5/31/2019 Exactech, Inc. 10,500 5.7% 5/31/2019
35 Loan Hampton Inn & Suites Blythe TTM 9/30/2017 2,855,965 1,656,910 1,199,055 12/31/2016 2,862,379 1,593,572 1,268,807 12/31/2015 1,822,475 1,093,679 728,796 N/A N/A N/A N/A N/A N/A N/A N/A
36 Loan CVS - Tiverton TTM 9/30/2017 654,283 130,598 523,685 12/31/2016 641,840 103,112 538,728 12/31/2015 623,336 110,822 512,514 CVS 13,225 74.2% 1/31/2035 Sakonnet River Grille 2,815 15.8% 3/31/2020
37 Loan Nautilus FedEx Portfolio 12/31/2016 851,137 59,223 791,914 12/31/2015 771,090 54,080 717,010 12/31/2014 794,639 76,004 718,635 Various Various N/A Various N/A N/A N/A N/A
37.01 Property Littleton 12/31/2016 605,524 59,223 546,301 12/31/2015 599,656 54,080 545,576 12/31/2014 623,205 76,004 547,201 FedEx Ground Littleton 51,620 100.0% 9/30/2023 N/A N/A N/A N/A
37.02 Property Mason City 12/31/2016 245,613 0 245,613 12/31/2015 171,434 0 171,434 12/31/2014 171,434 0 171,434 FedEx Ground Mason City 43,039 100.0% 8/31/2024 N/A N/A N/A N/A
38 Loan 660 NCX TTM 9/30/2017 1,289,640 597,052 692,588 12/31/2016 1,368,296 601,435 766,861 12/31/2015 1,424,904 598,640 826,265 US Bankruptcy Court 14,998 18.6% 6/30/2020 Outsourcing Solutions Group 4,482 5.6% 9/30/2020
39 Loan Airport Investment & Airport Overlook TTM 7/31/2017 3,830,299 739,765 3,090,534 12/31/2016 3,777,807 748,200 3,029,607 12/31/2015 3,673,146 753,943 2,919,203 Various Various N/A Various Various Various N/A Various
39.01 Property Airport Investment TTM 7/31/2017 3,041,279 432,974 2,608,305 12/31/2016 3,000,637 426,854 2,573,783 12/31/2015 2,913,449 432,159 2,481,290 Northrop Grumman 194,457 100.0% 6/30/2024 N/A N/A N/A N/A
39.02 Property Airport Overlook TTM 7/31/2017 789,019 306,791 482,228 12/31/2016 777,170 321,346 455,824 12/31/2015 759,697 321,784 437,913 Viasat, Inc. 11,608 33.9% 7/31/2021 Innovairre Studios, Inc. 11,537 33.7% 5/31/2019
40 Loan Lynchburg Apartments TTM 8/31/2017 673,457 194,689 478,768 12/31/2016 617,430 194,276 423,154 12/31/2015 587,721 191,222 396,499 N/A N/A N/A N/A N/A N/A N/A N/A
41 Loan Concord Multifamily Portfolio TTM 8/31/2017 695,331 215,959 479,373 12/31/2016 663,856 227,576 436,280 12/31/2015 641,401 234,120 407,281 Various Various N/A Various N/A N/A N/A N/A
41.01 Property Bloomfield Rental Townhomes TTM 8/31/2017 280,435 96,672 183,763 12/31/2016 268,107 112,377 155,730 12/31/2015 251,444 101,945 149,500 N/A N/A N/A N/A N/A N/A N/A N/A
41.02 Property 1500 Willow Pass Court TTM 8/31/2017 180,000 47,730 132,270 12/31/2016 180,000 19,156 160,844 12/31/2015 180,000 7,662 172,338 DeNova Homes, Inc. 10,400 100.0% 6/30/2037 N/A N/A N/A N/A
41.03 Property California Street Townhomes TTM 8/31/2017 128,910 38,281 90,629 12/31/2016 115,129 53,600 61,529 12/31/2015 115,853 67,831 48,022 N/A N/A N/A N/A N/A N/A N/A N/A
41.04 Property Grant Street Townhomes TTM 8/31/2017 105,987 33,276 72,710 12/31/2016 100,620 42,443 58,177 12/31/2015 94,104 56,682 37,422 N/A N/A N/A N/A N/A N/A N/A N/A
42 Loan Mini U Storage - Livonia TTM 9/30/2017 811,924 290,220 521,704 12/31/2016 793,892 315,796 478,096 12/31/2015 757,899 364,912 392,987 N/A N/A N/A N/A N/A N/A N/A N/A
43 Loan Mini U Storage - Denver TTM 9/30/2017 798,733 336,924 461,809 12/31/2016 815,856 342,446 473,410 12/31/2015 802,310 320,025 482,285 N/A N/A N/A N/A N/A N/A N/A N/A
44 Loan Hampton Inn - South Haven TTM 9/30/2017 1,721,854 1,039,079 682,774 12/31/2016 1,646,852 1,007,572 639,280 12/31/2015 1,636,579 998,689 637,890 N/A N/A N/A N/A N/A N/A N/A N/A
45 Loan Essex Centre TTM 9/30/2017 900,251 421,756 478,495 12/31/2016 842,098 434,448 407,649 12/31/2015 780,969 419,167 361,803 Maddin, Hauser, et. al. (law firm) 30,546 55.5% 11/30/2024 The Farbman Group 13,294 24.2% 11/30/2024
46 Loan Mini U Storage - Highlands Ranch TTM 9/30/2017 853,951 417,449 436,502 12/31/2016 840,125 411,741 428,384 12/31/2015 814,092 390,774 423,318 N/A N/A N/A N/A N/A N/A N/A N/A
47 Loan Amelia Court Apartments TTM 10/31/2017 578,669 154,395 424,273 12/31/2016 543,606 138,474 405,132 12/31/2015 523,143 215,725 307,419 N/A N/A N/A N/A N/A N/A N/A N/A
48 Loan 55 Northwest 25th Street N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Miami Beer Ventures (Anheuser-Busch LLC) 5,001 100.0% 7/30/2028 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 Third Largest Tenant Name(10)(12) Third Largest Tenant Sq. Ft. Third Largest Tenant % of NRA Third Largest Tenant Exp. Date(2) Fourth Largest Tenant Name(10)(12) Fourth Largest Tenant Sq. Ft. Fourth Largest Tenant % of NRA Fourth Largest Tenant Exp. Date(2) Fifth Largest Tenant Name(10)(12) Fifth Largest Tenant Sq. Ft. Fifth Largest Tenant % of NRA Fifth Largest Tenant Exp. Date(2) Engineering Report Date Environmental Report Date (Phase I)(17)(18) Environmental Report Date (Phase II)(17)(18) Seismic Report Date Seismic PML % Loan Purpose(31) Engineering Reserve / Deferred Maintenance Initial Tax Reserve
1 Loan One State Street SourceMedia, Inc. 79,296 8.9% 2/28/2025 Integro 54,060 6.1% 9/30/2032 Continental Stock Transfer & Trust Company 37,773 4.2% 8/31/2027 10/13/2017 10/12/2017 N/A N/A N/A Refinance    
2 Loan AFIN Portfolio Various Various N/A Various Various Various N/A Various Various Various N/A Various Various Various N/A N/A N/A Recapitalization 101,926 832,502
2.01 Property Montecito Crossing Office Depot 17,000 9.5% 01/31/2020 Pier 1 Imports 10,800 6.0% 02/29/2020 Ulta 10,400 5.8% 02/28/2026 11/02/2017 11/02/2017 N/A N/A N/A      
2.02 Property Jefferson Commons LIQUOR BARN 22,000 10.7% 05/31/2025 MICHAELS STORES INC. 17,005 8.3% 03/31/2025 SHOE CARNIVAL 17,000 8.3% 05/31/2025 10/31/2017 11/01/2017 N/A N/A N/A      
2.03 Property Best on the Boulevard Ross Dress For Less 31,847 15.6% 01/31/2025 Party City 19,331 9.4% 01/31/2024 WSS 9,985 4.9% 08/31/2020 11/04/2017 11/02/2017 N/A N/A N/A      
2.04 Property Northpark Center MARSHALLS 29,500 9.3% 05/31/2026 PETSMART 24,844 7.8% 01/31/2025 DOLLAR TREE 11,550 3.6% 03/31/2020 11/02/2017 11/02/2017 N/A N/A N/A      
2.05 Property Anderson Station Bed, Bath and Beyond, Inc. 22,285 9.1% 01/31/2022 Old Navy Clothing Co 20,000 8.2% 01/31/2022 Party City #294 12,096 5.0% 03/31/2022 11/01/2017 11/03/2017 N/A N/A N/A      
2.06 Property Cross Pointe Center BED BATH & BEYOND 29,427 13.0% 04/30/2024 SHOE CARNIVAL #207 17,317 7.7% 01/31/2021 ULTA BEAUTY #219 10,000 4.4% 07/31/2028 11/03/2017 11/03/2017 N/A N/A N/A      
2.07 Property San Pedro Crossing THE CONTAINER STORE 22,817 11.0% 01/31/2023 OFFICE DEPOT 21,075 10.2% 12/31/2019 CAVENDER’S BOOT CITY 13,548 6.5% 06/30/2022 11/02/2017 11/02/2017 N/A N/A N/A      
2.08 Property Riverbend Marketplace Shoe Show 4,288 3.0% 11/30/2019 Rent-A-Center 3,715 2.6% 09/30/2022 Catherine’s #5557, LLC 3,600 2.5% 06/30/2020 10/30/2017 11/01/2017 N/A N/A N/A      
2.09 Property Shops at RiverGate South Ulta Salon 10,015 7.1% 08/31/2024 Pier 1 Imports 9,500 6.8% 08/31/2024 Kirkland’s 7,623 5.4% 01/31/2026 11/06/2017 11/03/2017 N/A N/A N/A      
2.10 Property Centennial Plaza GUITAR CENTER 15,200 6.5% 10/31/2025 FURNITURE BUY CONSIGNMENT C 6,812 2.9% 11/30/2020 EYEMART EXPRESS 5,400 2.3% 01/31/2019 11/06/2017 11/06/2017 N/A N/A N/A      
2.11 Property Shoppes of West Melbourne PARTY CITY 21,000 14.5% 08/31/2022 OFFICE DEPOT 19,187 13.3% 03/31/2021 Five Below 7,815 5.4% 07/31/2025 11/03/2017 11/03/2017 N/A N/A N/A      
2.12 Property North Lakeland Plaza Jo-Ann Stores, LLC 19,100 11.1% 01/31/2021 Fantastic Sams 2,560 1.5% 06/30/2020 The Teaching Store 1,800 1.1% 03/31/2020 11/01/2017 11/02/2017 N/A N/A N/A      
3 Loan Eagle Multifamily 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 Various Various N/A N/A N/A Refinance 271,799 141,935
3.01 Property Bay N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 11/08/2017 11/07/2017 N/A N/A N/A      
3.02 Property Brookside N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/27/2017 10/27/2017 N/A N/A N/A      
3.03 Property Millennium N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/26/2017 10/27/2017 N/A N/A N/A      
3.04 Property Ridge N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/27/2017 10/27/2017 N/A N/A N/A      
3.05 Property Rose N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/25/2017 10/27/2017 N/A N/A N/A      
3.06 Property Park N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/25/2017 10/27/2017 N/A N/A N/A      
4 Loan National Office Portfolio Various Various N/A Various Various Various N/A Various Various Various N/A Various Various Various N/A N/A N/A Refinance 196,044 2,076,255
4.01 Property 8330 LBJ Freeway Shapiro Brown Corp 16,341 4.3% 3/31/2020 Total Quality Logistics, LLC 8,100 2.1% 3/31/2019 Law Firm of Aaron A. Herbert, P.C. 6,256 1.6% 10/31/2023 8/1/2017 7/31/2017 N/A N/A N/A      
4.02 Property 101 East Park Boulevard Regus Group - North Dallas, LLC 17,353 7.7% 6/30/2023 GuideIT, LLC 16,025 7.1% 9/30/2023 TriDigital Marketing 12,070 5.4% 6/30/2024 7/26/2017 7/26/2017 N/A N/A N/A      
4.03 Property 13601 Preston Road Amtech Solutions 5,505 2.1% 11/30/2021 Saenz-Rodriguez & Associates, P.C. 5,293 2.0% 7/31/2022 Game Changing Benefits, LLC 5,275 2.0% 2/29/2024 8/1/2017 7/26/2017 N/A N/A N/A      
4.04 Property 1750 East Golf Road Kae Engineering Consultants, Inc 5,493 2.6% 1/31/2025 Stearns Lending, Inc 2,740 1.3% 9/30/2018 Hartford Financial Services Inc. 2,693 1.3% 7/31/2021 8/2/2017 7/26/2017 N/A N/A N/A      
4.05 Property 14800 Quorum Drive Morrow Hill (formerly Finley Morrow) 5,979 5.8% 9/30/2027 National Tax Resource Group 5,302 5.1% 12/31/2019 EPE Innovations LLC 4,673 4.5% 9/30/2018 8/2/2017 7/26/2017 N/A N/A N/A      
4.06 Property 1995 North Park Place GSA OSHA 6,838 6.8% 1/6/2023 Merck & Hill Consultants, Inc 4,178 4.2% 3/31/2022 The Arrendale Group 3,742 3.7% 4/30/2020 7/26/2017 7/26/2017 N/A N/A N/A      
4.07 Property Northlake - 2295 Parklake Dr NE Oakhurst Medical Centers, Inc 7,736 6.4% 6/30/2028 Village Podiatry Group, LLC 4,947 4.1% 7/31/2023 The Law Office of Tanya Mitchell 3,288 2.7% 9/30/2021 7/18/2017 7/28/2017 N/A N/A N/A      
4.08 Property 4751 Best Road ICP Systems LLC 3,845 4.1% 9/30/2021 C.H. Powell Company 2,777 3.0% 8/31/2018 Hodges, Harbin, Newberry & Tribble, Inc. 2,733 2.9% 12/31/2019 7/26/2017 7/26/2017 N/A N/A N/A      
4.09 Property The Centre - 4101 McEwen Road Zenith American Solutions, Inc 4,096 3.3% 5/31/2021 Century Hospice, LLC 4,060 3.3% 4/30/2018 Quillin Law Firm, PC 3,344 2.7% 4/30/2020 7/17/2017 7/20/2017 N/A N/A N/A      
4.10 Property The Centre - 4099 McEwen Road STX Healthcare Management Services, Inc 9,247 7.5% 12/31/2018 Round-The-World Logistics (USA) Corp 7,261 5.9% 8/4/2018 End Stage Renal Disease Network of Texas 5,252 4.2% 6/30/2024 7/17/2017 7/26/2017 N/A N/A N/A      
4.11 Property 11225 North 28th Drive Beyond Today Co., an Arizona Corporation 4,130 3.0% 4/30/2020 Monica J. Stern. CPA, PLLC 3,616 2.7% 10/31/2019 SGP Management Co, LLC dba 3,513 2.6% 2/29/2020 7/20/2017 7/20/2017 N/A N/A N/A      
4.12 Property 10000 North 31st Ave AFLAC Regional Office 3,964 3.1% 7/31/2020 Foothills Sports Medicine Physical Therapy 3,750 2.9% 11/30/2019 American Focus Care, Inc 2,332 1.8% 11/30/2018 7/19/2017 7/20/2017 N/A N/A N/A      
4.13 Property The Centre - 4001 McEwen Road EVVDC, PC 3,533 3.7% 3/31/2020 Carlos Molina, MD, PA 2,533 2.7% 10/31/2025 Thriving Solutions LLC 366 0.4% 11/30/2018 7/18/2017 7/26/2017 N/A N/A N/A      
4.14 Property 4425 W Airport Fwy The Persimmon Group 3,007 3.5% 5/31/2019 Carter Healthcare of North Texas, LLC 2,890 3.4% 8/31/2018 7 Point Group 2,706 3.2% 1/31/2023 7/25/2017 7/26/2017 N/A N/A N/A      
4.15 Property Northlake - 2302 Parklake Dr NE Transitional Family Services, Inc 7,407 6.7% 5/31/2021 Odyssey Healthcare Operating B, L 6,426 5.8% 5/31/2023 Robins, Eskew, Smith & Jordan 4,504 4.0% 11/30/2018 7/26/2017 7/28/2017 N/A N/A N/A      
4.16 Property Northlake - 2305&2309 Parklake Dr NE Catholic Charities of Atlanta 5,976 9.2% 10/31/2022 N/A N/A N/A N/A N/A N/A N/A N/A 7/28/2017 7/28/2017 N/A N/A N/A      
4.17 Property 12100 Ford Road Safeguard Acquistions, Inc 8,367 5.3% 9/30/2021 Novaco Products 4,627 2.9% 6/30/2018 Bestcare Laboratory Services, LLC 4,314 2.7% 1/31/2018 7/28/2017 7/28/2017 N/A N/A N/A      
4.18 Property The Centre - 4000N&S McEwen Road N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 7/26/2017 7/26/2017 N/A N/A N/A      
5 Loan Tryad Industrial & Business Center Kodak Alaris 248,184 7.4% 12/31/2028 Maximus 195,450 5.8% 8/31/2019 Eastman Kodak Company 177,123 5.3% 11/30/2018 10/11/2017 10/12/2017 N/A N/A N/A Refinance 45,250 700,000
6 Loan HRC Hotels 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 8/23/2017 8/23/2017 N/A N/A N/A Refinance 67,188 137,629
6.01 Property Hampton Inn Traverse City N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 8/23/2017 8/23/2017 N/A N/A N/A      
6.02 Property Homewood Suites by Hilton Indianapolis-Downtown N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 8/23/2017 8/23/2017 N/A N/A N/A      
6.03 Property Homewood Suites by Hilton Indianapolis-Airport/Plainfield N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 8/23/2017 8/23/2017 N/A N/A N/A      
6.04 Property Homewood Suites by Hilton Indianapolis Northwest N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 8/23/2017 8/23/2017 N/A N/A N/A      
6.05 Property Homewood Suites by Hilton Bloomington N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 8/23/2017 8/23/2017 N/A N/A N/A      
6.06 Property Hampton Inn & Suites Petoskey N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 8/23/2017 8/23/2017 N/A N/A N/A      
6.07 Property Hampton Inn & Suites Valparaiso N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 8/23/2017 8/23/2017 N/A N/A N/A      
6.08 Property Hampton Inn & Suites Kalamazoo-Oshtemo N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 8/23/2017 8/23/2017 N/A N/A N/A      
7 Loan Griffin Portfolio Various Various N/A Various N/A N/A N/A N/A N/A N/A N/A N/A 9/13/2017 Various N/A Various Various Recapitalization   930,000
7.01 Property Restoration Hardware Distribution N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 9/13/2017 9/8/2017 N/A 9/11/2017 6.0%      
7.02 Property State Farm Regional HQ Ventyx, Inc. 5,575 1.0% 4/30/2023 N/A N/A N/A N/A N/A N/A N/A N/A 9/13/2017 9/13/2017; 9/14/2017 N/A N/A N/A      
7.03 Property North Pointe 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 9/13/2017 9/13/2017 N/A N/A N/A      
7.04 Property Corporate Campus at Norterra N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 9/13/2017 9/12/2017 N/A N/A N/A      
7.05 Property CHRISTUS Health HQ N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 9/13/2017 9/12/2017 N/A N/A N/A      
7.06 Property Duke Bridges 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 9/13/2017 9/12/2017 N/A N/A N/A      
7.07 Property Wells Fargo Operations Center N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 9/13/2017 9/12/2017 N/A N/A N/A      
7.08 Property Ace Hardware HQ N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 9/13/2017 9/13/2017 N/A N/A N/A      
7.09 Property Royal Ridge V N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 9/13/2017 9/12/2017 N/A N/A N/A      
7.10 Property Comcast Regional HQ N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 9/13/2017 9/13/2017 N/A 9/11/2017 7.0%      
8 Loan General Motors Building Perella Weinberg 130,155 6.5% 1/31/2022 Apple 105,748 5.3% 12/31/2018 (2,754 Sq. Ft.); 1/31/2034 (102,994 Sq. Ft.) BAMCO 105,579 5.3% 5/31/2035 5/9/2017 5/9/2017 N/A N/A N/A Refinance    
9 Loan AvidXchange Headquarters N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/27/2017 10/27/2017 N/A N/A N/A Recapitalization    
10 Loan Lockefield Gardens N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 8/15/2017 8/16/2017 N/A N/A N/A Refinance 154,625 99,923
11 Loan Plaza Del Sol Oakwood Worldwide 28,347 17.1% 02/28/2022 WET Design 19,790 12.0% 03/31/2022 Diet to Go 17,382 10.5% 09/30/2024 11/10/2017 09/07/2017 N/A 09/12/2017 17.0% Recapitalization    
12 Loan Greenpoint Multifamily 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 10/16/2017 Various N/A N/A N/A Refinance 8,010 198,500
12.01 Property 164-166 Kingsland N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/16/2017 10/16/2017 N/A N/A N/A      
12.02 Property 673 Meeker Ave N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/16/2017 10/16/2017 N/A N/A N/A      
12.03 Property 657 Meeker Ave N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/16/2017 10/24/2017 N/A N/A N/A      
12.04 Property 669 Meeker Ave N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/16/2017 10/16/2017 N/A N/A N/A      
12.05 Property 3 Sutton Street N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/16/2017 10/16/2017 N/A N/A N/A      
12.06 Property 5 Sutton Street N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/16/2017 10/24/2017 N/A N/A N/A      
12.07 Property 667 Meeker Ave N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/16/2017 10/16/2017 N/A N/A N/A      
12.08 Property 661 Meeker Ave N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/16/2017 10/16/2017 N/A N/A N/A      
13 Loan Marketplace at Four Corners Dick’s Sporting Goods 50,000 9.5% 1/31/2028 Marshalls 30,000 5.7% 1/23/2023 Big Lots 27,117 5.2% 1/31/2022 11/8/2017 11/8/2017 N/A N/A N/A Refinance 18,750 321,300
14 Loan North Creek Parkway Center Comfort Systems USA, Inc 16,015 7.8% 9/30/2021 Mirabilis Medica, Inc 11,163 5.4% 5/4/2018 Eden Rock Communications 9,847 4.8% 6/30/2020 10/11/2017 10/11/2017 N/A 10/11/2017 17.0% Acquisition   103,229
15 Loan 5th Street Public Market Gervais 4,300 5.4% 02/28/2021 Marche Restaurant & Bar 4,260 5.4% 10/31/2021 Elephant’s Trunk 3,454 4.4% 12/31/2020 09/25/2017 09/25/2017 N/A 09/28/2017 14.0% Refinance   135,780
16 Loan Harmon Corner Twin Peaks 11,834 17.2% 3/31/2023 McDonalds 6,217 9.1% 4/30/2022 Taco Bell Cantina 4,046 5.9% 11/30/2026 7/13/2017 7/13/2017 N/A N/A N/A Refinance   56,250
17 Loan New Garden Crossing Homegoods, Inc. 20,877 12.4% 3/31/2024 Office Depot, Inc. 20,000 11.8% 6/30/2027 Dollar Tree Stores, Inc. 10,000 5.9% 9/30/2022 4/24/2017 4/24/2017 N/A N/A N/A Refinance 15,600 189,169
18 Loan Covington Center II Kid to Kid 2,546 2.4% 11/30/2018 Ronin Training 1,994 1.9% 12/31/2021 Hair Salon 1,441 1.4% 4/1/2027 7/6/2017 7/6/2017 N/A 7/5/2017 7.0% Refinance 6,875  
19 Loan 900 on Nine Green Group 10,847 9.6% 10/31/2024 Broadview Networks 6,620 5.9% 1/31/2020 TRC Companies 3,861 3.4% 2/28/2019 10/26/2017 10/26/2017 N/A N/A N/A Refinance 24,375 67,193
20 Loan Belden Park Crossing Value City Furniture 50,000 10.3% 1/31/2021 Jo-Ann Fabrics 46,042 9.5% 1/31/2023 DSW 31,859 6.6% 1/31/2022 9/12/2017 9/15/2017 N/A N/A N/A Acquisition 2,500,000 553,362
21 Loan West Carmel Marketplace Home Goods 25,000 20.7% 8/31/2022 OfficeMax 18,000 14.9% 3/31/2022 Petco 15,000 12.4% 1/31/2026 11/14/2017 11/14/2017 N/A N/A N/A Refinance 47,056 75,091
22 Loan Elysian Brewery N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 11/1/2017 11/17/2017 N/A 11/3/2017 12.0% Acquisition    
23 Loan Alliance Crossing US Postal Service 5,809 9.0% 10/30/2019 Sonny Bryan’s Smokehouse 4,334 6.7% 10/31/2019 Snooty Pig Restaurant 3,828 5.9% 1/31/2019 11/7/2017 11/7/2017 N/A N/A N/A Refinance    
24 Loan South Coast Plaza Dollar Tree 8,200 8.1% 1/31/2021 United States of America Armed Forces 7,990 7.9% 10/31/2019 Ocean Dental of Texas, PC 7,467 7.4% 1/31/2023 10/17/2017 10/17/2017 N/A N/A N/A Refinance 21,875  
25 Loan Springhill Suites Wichita Airport N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 11/10/2017 11/10/2017 N/A N/A N/A Refinance   43,105
26 Loan Town Center Commons Five Below, Inc 7,800 10.8% 5/31/2022 Original Mattress Factory 4,600 6.4% 12/31/2019 Pinch of Spice Restaurant 3,000 4.2% 2/29/2020 11/14/2017 11/14/2017 N/A N/A N/A Refinance 12,994 32,400
27 Loan Holiday Inn Express & Suites Charlotte Airport N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/23/2017 10/20/2017 N/A N/A N/A Refinance   32,716
28 Loan Hampton Inn & Suites Lake City N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 09/22/2017 09/21/2017 N/A N/A N/A Refinance   15,318
29 Loan Candlewood 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 9/20/2017 9/20/2017 N/A N/A N/A Refinance    
30 Loan Hampton Inn - Gulf Shores N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/23/2017 10/23/2017 N/A N/A N/A Refinance   8,696
31 Loan TownePlace Meridian N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/31/2017 11/1/2017 N/A N/A N/A Refinance   7,848
32 Loan RPI Student Housing 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 9/29/2017 9/29/2017 N/A N/A N/A Acquisition 62,056 88,275
33 Loan Murrieta Plaza Walgreens 14,419 10.2% 4/30/2080 Buffalo Wild Wings 5,160 3.7% 12/31/2026 Bank of America 4,000 2.8% 11/30/2019 8/25/2017 8/25/2017 N/A 8/25/2017 11.0% Refinance    
34 Loan Airport Commerce Center Tops Vacuum & Sewing, Inc. 10,500 5.7% 4/30/2018 Metal Creations of Sarasota, LLC 8,000 4.4% 10/31/2018 Massimo Coffee & Tea Machine Services, LLC 5,250 2.9% 8/31/2019 10/13/2017 10/16/2017 N/A N/A N/A Acquisition 24,888 13,334
35 Loan Hampton Inn & Suites Blythe N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 11/14/2017 11/14/2017 N/A 11/14/2017 3.0% Refinance   11,713
36 Loan CVS - Tiverton The Andrus Agency - Allstate 1,795 10.1% 7/31/2022 N/A N/A N/A N/A N/A N/A N/A N/A 8/2/2017 8/31/2017 N/A N/A N/A Refinance    
37 Loan Nautilus FedEx 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 10/16/2017 10/16/2017 N/A N/A N/A Acquisition   17,333
37.01 Property Littleton N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/16/2017 10/16/2017 N/A N/A N/A      
37.02 Property Mason City N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/16/2017 10/16/2017 N/A N/A N/A      
38 Loan 660 NCX BancLeasing, LLC 4,087 5.1% 7/31/2019 Omnikey 3,901 4.8% 4/30/2024 G-C Partners 3,680 4.6% 5/31/2022 10/26/2017 10/24/2017 N/A N/A N/A Refinance 2,500 5,285
39 Loan Airport Investment & Airport Overlook Various Various N/A Various Various Various N/A Various Various Various N/A Various 9/28/2017 9/27/2017 N/A N/A N/A Refinance   42,757
39.01 Property Airport Investment N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 9/28/2017 9/27/2017 N/A N/A N/A      
39.02 Property Airport Overlook Foundation Financial Advisors 3,397 9.9% 4/30/2021 Domino’s Pizza LLC 2,574 7.5% 3/31/2022 Bank of Hampton Roads 1,661 4.9% 1/31/2019 9/28/2017 9/27/2017 N/A N/A N/A      
40 Loan Lynchburg Apartments N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 9/20/2017 9/20/2017 N/A N/A N/A Refinance   3,851
41 Loan Concord Multifamily 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 8/30/2017 Various N/A 8/30/2017 Various Refinance   66,996
41.01 Property Bloomfield Rental Townhomes N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 8/30/2017 8/30/2017 N/A 8/30/2017 5.0%      
41.02 Property 1500 Willow Pass Court N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 8/30/2017 9/15/2017 N/A 8/30/2017 8.0%      
41.03 Property California Street Townhomes N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 8/30/2017 8/30/2017 N/A 8/30/2017 5.0%      
41.04 Property Grant Street Townhomes N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 8/30/2017 8/30/2017 N/A 8/30/2017 5.0%      
42 Loan Mini U Storage - Livonia N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 11/20/2017 11/20/2017 N/A N/A N/A Refinance   23,008
43 Loan Mini U Storage - Denver N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/27/2017 10/27/2017 N/A N/A N/A Refinance   75,633
44 Loan Hampton Inn - South Haven N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/27/2017 10/27/2017 N/A No N/A Refinance   6,985
45 Loan Essex Centre MCM Solutions, Inc. 3,570 6.5% 01/31/2018 United Advertising Publication 1,953 3.5% 07/31/2019 Swedler PC 1,062 1.9% 07/31/2019 11/08/2017 11/06/2017 N/A N/A N/A Refinance 30,281 42,755
46 Loan Mini U Storage - Highlands Ranch N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10/27/2017 10/27/2017 N/A N/A N/A Refinance   67,648
47 Loan Amelia Court Apartments N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 11/7/2017 11/8/2017 N/A N/A N/A Acquisition   26,103
48 Loan 55 Northwest 25th Street N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 5/26/2017 5/25/2017 N/A N/A N/A Acquisition   18,858

 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Monthly Tax Reserve(21) Initial Insurance Reserve Monthly Insurance Reserve(21) Initial Replacement Reserve Monthly Replacement Reserve(14)(16)(21) Replacement Reserve Cap(22) Initial TI/LC Reserve Monthly TI/LC Reserve(16)(21) TI/LC Reserve Cap(16)(22) Other Reserve Reserve Description(13)(15)(28) Initial Other Reserve(13)(15)(28) Monthly Other Reserve(15) Other Reserve Cap Ownership Interest(7)(8) Ground Lease Initial Expiration Date(7)(8) Ground Lease Extension Options(7)(8) Lockbox Cash Management Cut-off Date Pari Passu Mortgage Debt Balance Cut-off Date Subord. Mortgage Debt Balance(29)
1 Loan One State Street 979,581 123,489 61,744     397,099   (i) During any period when the New York State Lease remains in full force and effect with no EOD continuing thereunder, $51,451.83, or (ii) during any period when the New York State Lease is no longer in full force and effect or an EOD is continuing thereunder, $73,536.92. (i) During any period when the New York State Lease remains in full force and effect with no EOD continuing thereunder, $1,234,844, or (ii) during any period when the New York State Lease is no longer in full force and effect or an EOD is continuing thereunder, $1,764,886. Accretive Leasing Reserve ($11,000,000); Rent Abatement Reserve Funds ($2,211,252.05); Unfunded Obligations ($7,108,951.62) 20,320,204 On each Monthly Payment Date, Borrower shall deposit with Lender an amount equal to one-twelfth of the anticipated annual additional rent that Lender reasonably estimates will be payable during the next ensuing twelve months under the Air Rights Lease in order to accumulate sufficient funds to pay all such additional rent at least ten days prior to its respective due dates. N/A Fee Simple N/A N/A Hard Springing 59,780,000 238,000,000
2 Loan AFIN Portfolio 355,956 203,509 43,761     N/A 798,196   N/A Free Rent/Advance Rent Reserve (154,430); Environmental Escrow (9,827) 164,257   N/A Fee Simple N/A N/A Hard Springing 150,000,000 N/A
2.01 Property Montecito Crossing                           Fee Simple N/A N/A        
2.02 Property Jefferson Commons                           Fee Simple N/A N/A        
2.03 Property Best on the Boulevard                           Fee Simple N/A N/A        
2.04 Property Northpark Center                           Fee Simple N/A N/A        
2.05 Property Anderson Station                           Fee Simple N/A N/A        
2.06 Property Cross Pointe Center                           Fee Simple N/A N/A        
2.07 Property San Pedro Crossing                           Fee Simple N/A N/A        
2.08 Property Riverbend Marketplace                           Fee Simple N/A N/A        
2.09 Property Shops at RiverGate South                           Fee Simple N/A N/A        
2.10 Property Centennial Plaza                           Fee Simple N/A N/A        
2.11 Property Shoppes of West Melbourne                           Fee Simple N/A N/A        
2.12 Property North Lakeland Plaza                           Fee Simple N/A N/A        
3 Loan Eagle Multifamily Portfolio 70,967 30,224 18,336 900,000 28,105 N/A     N/A Eagle Bay Reserve 2,100,000   N/A Fee Simple N/A N/A Soft Springing N/A N/A
3.01 Property Bay                           Fee Simple N/A N/A        
3.02 Property Brookside                           Fee Simple N/A N/A        
3.03 Property Millennium                           Fee Simple N/A N/A        
3.04 Property Ridge                           Fee Simple N/A N/A        
3.05 Property Rose                           Fee Simple N/A N/A        
3.06 Property Park                           Fee Simple N/A N/A        
4 Loan National Office Portfolio 337,483 271,808 20,908 150,000 53,598 1,157,715 7,176,724   3,859,050 Outstanding TI/LC Reserve ($2,575,793); Free Rent Reserve ($1,656,704) 4,232,497   N/A Fee Simple N/A N/A Hard Springing 129,680,470 N/A
4.01 Property 8330 LBJ Freeway                           Fee Simple N/A N/A        
4.02 Property 101 East Park Boulevard                           Fee Simple N/A N/A        
4.03 Property 13601 Preston Road                           Fee Simple N/A N/A        
4.04 Property 1750 East Golf Road                           Fee Simple N/A N/A        
4.05 Property 14800 Quorum Drive                           Fee Simple N/A N/A        
4.06 Property 1995 North Park Place                           Fee Simple N/A N/A        
4.07 Property Northlake - 2295 Parklake Dr NE                           Fee Simple N/A N/A        
4.08 Property 4751 Best Road                           Fee Simple N/A N/A        
4.09 Property The Centre - 4101 McEwen Road                           Fee Simple N/A N/A        
4.10 Property The Centre - 4099 McEwen Road                           Fee Simple N/A N/A        
4.11 Property 11225 North 28th Drive                           Fee Simple N/A N/A        
4.12 Property 10000 North 31st Ave                           Fee Simple N/A N/A        
4.13 Property The Centre - 4001 McEwen Road                           Fee Simple N/A N/A        
4.14 Property 4425 W Airport Fwy                           Fee Simple N/A N/A        
4.15 Property Northlake - 2302 Parklake Dr NE                           Fee Simple N/A N/A        
4.16 Property Northlake - 2305&2309 Parklake Dr NE                           Fee Simple N/A N/A        
4.17 Property 12100 Ford Road                           Fee Simple N/A N/A        
4.18 Property The Centre - 4000N&S McEwen Road                           Fee Simple N/A N/A        
5 Loan Tryad Industrial & Business Center 100,000 144,000 24,000   51,576   3,000,000   3,000,000 TI/LC Reserve ($9,203,324); Free Rent Holdback ($1,917,974) 11,121,298   N/A Fee Simple N/A N/A Hard In Place 56,500,000 N/A
6 Loan HRC Hotels Portfolio 63,673     84,554 84,554 N/A     N/A Current PIP Traverse Renovations Fund ($3,486,000) 3,486,000   N/A Fee Simple N/A N/A Hard Springing 27,926,837 N/A
6.01 Property Hampton Inn Traverse City                           Fee Simple N/A N/A        
6.02 Property Homewood Suites by Hilton Indianapolis-Downtown                           Fee Simple N/A N/A        
6.03 Property Homewood Suites by Hilton Indianapolis-Airport/Plainfield                           Fee Simple N/A N/A        
6.04 Property Homewood Suites by Hilton Indianapolis Northwest                           Fee Simple N/A N/A        
6.05 Property Homewood Suites by Hilton Bloomington                           Fee Simple N/A N/A        
6.06 Property Hampton Inn & Suites Petoskey                           Fee Simple N/A N/A        
6.07 Property Hampton Inn & Suites Valparaiso                           Fee Simple N/A N/A        
6.08 Property Hampton Inn & Suites Kalamazoo-Oshtemo                           Fee Simple N/A N/A        
7 Loan Griffin Portfolio 466,667         Amounts on deposit shall not exceed the Replacement Reserve Midterm Sweep Cap or, if applicable, the Replacement Reserve DY Sweep Cap     Amounts on deposit shall not exceed the Leasing Reserve Midterm Sweep Cap or, if applicable, the Leasing Reserve DY Sweep Cap T-Mobile Work Reserve ($3,653,980); Unfunded Obligations Reserve ($2,003,531) 5,657,511   N/A Fee Simple N/A N/A Hard Springing 337,500,000 N/A
7.01 Property Restoration Hardware Distribution                           Fee Simple N/A N/A        
7.02 Property State Farm Regional HQ                           Fee Simple N/A N/A        
7.03 Property North Pointe I                           Fee Simple N/A N/A        
7.04 Property Corporate Campus at Norterra                           Fee Simple N/A N/A        
7.05 Property CHRISTUS Health HQ                           Fee Simple N/A N/A        
7.06 Property Duke Bridges I                           Fee Simple N/A N/A        
7.07 Property Wells Fargo Operations Center                           Fee Simple N/A N/A        
7.08 Property Ace Hardware HQ                           Fee Simple N/A N/A        
7.09 Property Royal Ridge V                           Fee Simple N/A N/A        
7.10 Property Comcast Regional HQ                           Fee Simple N/A N/A        
8 Loan General Motors Building           N/A     N/A N/A     N/A Fee Simple N/A N/A Hard Springing 1,432,600,000 830,000,000
9 Loan AvidXchange Headquarters           N/A     N/A N/A     N/A Fee Simple N/A N/A Hard Springing N/A N/A
10 Loan Lockefield Gardens 49,962 55,505 6,938 150,000   N/A     N/A Environmental Holdback ($119,125); Ground Lease Reserve ($10,083.23) 129,208   N/A Leasehold 12/31/2064 N/A Springing Springing N/A N/A
11 Loan Plaza Del Sol           N/A     258,224 Condo Assessment Reserve     N/A Fee Simple N/A N/A Hard Springing N/A N/A
12 Loan Greenpoint Multifamily Portfolio 39,700 46,814 4,973 60,750   60,750 17,439   17,439 N/A     N/A Fee Simple N/A N/A Soft Springing N/A N/A
12.01 Property 164-166 Kingsland                           Fee Simple N/A N/A        
12.02 Property 673 Meeker Ave                           Fee Simple N/A N/A        
12.03 Property 657 Meeker Ave                           Fee Simple N/A N/A        
12.04 Property 669 Meeker Ave                           Fee Simple N/A N/A        
12.05 Property 3 Sutton Street                           Fee Simple N/A N/A        
12.06 Property 5 Sutton Street                           Fee Simple N/A N/A        
12.07 Property 667 Meeker Ave                           Fee Simple N/A N/A        
12.08 Property 661 Meeker Ave                           Fee Simple N/A N/A        
13 Loan Marketplace at Four Corners 45,900 75,771 5,829   6,834 N/A   14,000 1,000,000 Dick’s Reserve Fund 750,000   N/A Fee Simple N/A N/A Hard Springing 17,000,000 N/A
14 Loan North Creek Parkway Center 34,410     120,000 4,277 153,974 22,241 22,241 1,334,437 Existing Lease TILC Reserve Fund ($227,007); Rent Concession Reserve Fund ($92,696) 319,703 31,583 Alder Rollover Reserve Fund ($1,895,000); Existing Lease TILC Reserve Fund ($0); Rent Concession Reserve Fund ($0) Fee Simple N/A N/A Springing Springing N/A N/A
15 Loan 5th Street Public Market 33,945 7,596     1,974 71,060 187,000   187,000 N/A     N/A Fee Simple N/A N/A Springing Springing N/A N/A
16 Loan Harmon Corner 18,750 133,000 11,083   1,144 N/A   8,333 N/A Free Rent Holdback Reserve ($333,333); Payment Reserve ($562,650) 895,984   Bubba Gump Reserve ($1,000,000); Twin Peaks Reserve ($1,000,000); Rainforest Café Reserve ($1,000,000) Fee Simple N/A N/A Hard In Place 122,200,000 N/A
17 Loan New Garden Crossing 15,764 4,925 1,642   2,112 N/A 277,750 9,151 N/A       N/A Fee Simple N/A N/A Hard In Place N/A N/A
18 Loan Covington Center II 2,859     1,778 1,778 N/A 7,556 7,556 N/A N/A     N/A Fee Simple N/A N/A Springing Springing N/A N/A
19 Loan 900 on Nine 25,843       1,876 N/A   9,378 N/A Unfunded Tenant Obligations Reserve 540,734   N/A Fee Simple N/A N/A Hard Springing N/A N/A
20 Loan Belden Park Crossing 110,672 55,700 6,963 479,837 6,010 N/A 250,000 20,114 1,500,000       N/A Fee Simple N/A N/A Hard Springing 38,000,000 N/A
21 Loan West Carmel Marketplace 25,030     2,547 2,547 91,692 550,000 11,674 1,100,000 N/A     N/A Fee Simple N/A N/A Springing Springing N/A N/A
22 Loan Elysian Brewery           N/A     N/A       N/A Fee Simple N/A N/A Hard Springing N/A N/A
23 Loan Alliance Crossing 20,012 16,945 2,230 25,000 1,075 100,000 275,000 6,449 The amount of the Rollover Funds on deposit in the Rollover Account, net of any outstanding disbursements terfrom, shall not exceed $275,000; provided, however, that upon the occurrence and during the continuance of a Rollover Funds Cap Termination Event, the Rollover Reserve Cap shall not be applicable and Borrower shall resume depositing the Monthly Rollover Deposit with Lender N/A     N/A Fee Simple N/A N/A Springing Springing N/A N/A
24 Loan South Coast Plaza 18,974 59,069 4,343   1,265 N/A   (i) $6,323.06 through 12/6/2018; (ii) $15,596.89 on 1/6/2019 and thereafter 357,250 Unfunded Tenant Obligations Reserve 165,352   N/A Fee Simple N/A N/A Springing Springing N/A N/A
25 Loan Springhill Suites Wichita Airport 14,368 27,635 4,911   11,477 N/A     N/A PIP Reserve     N/A Fee Simple N/A N/A Springing Springing N/A N/A
26 Loan Town Center Commons 10,800 9,315 1,226   1,203 N/A   4,511 N/A N/A     N/A Fee Simple N/A N/A Hard Springing N/A N/A
27 Loan Holiday Inn Express & Suites Charlotte Airport 8,179 11,636 1,939   11,549 N/A     N/A Upfront Seasonality Reserve ($65,000.00); Debt Yield Reserve ($443,705.00) 508,705   90,000 Fee Simple N/A N/A Springing Springing N/A N/A
28 Loan Hampton Inn & Suites Lake City 7,659 39,085 4,343   12,546 N/A     N/A PIP Reserve     N/A Fee Simple N/A N/A Springing Springing N/A N/A
29 Loan Candlewood Suites Fayetteville 8,404 9,693 1,385 9,824 9,824 N/A     N/A N/A     N/A Fee Simple N/A N/A Hard Springing N/A N/A
30 Loan Hampton Inn - Gulf Shores 5,435 31,766 2,997     N/A     N/A Seasonality Funds 250,000   N/A Fee Simple N/A N/A Hard Springing N/A N/A
31 Loan TownePlace Meridian 7,848 6,612 1,102     N/A     N/A Debt Yield Reserve ($200,000); Upfront Seasonality Reserve ($80,000) 280,000   N/A Fee Simple N/A N/A Soft Springing N/A N/A
32 Loan RPI Student Housing Portfolio 17,655 11,774 5,887   5,935 390,000     N/A       N/A Fee Simple N/A N/A Springing Springing N/A N/A
33 Loan Murrieta Plaza           N/A     N/A N/A     N/A Fee Simple N/A N/A Springing Springing 25,000,000 N/A
34 Loan Airport Commerce Center 13,334 5,045 5,045   3,207 N/A   4,581 N/A General Property Improvement Reserve 300,000   N/A Fee Simple N/A N/A Springing Springing N/A N/A
35 Loan Hampton Inn & Suites Blythe 5,857 17,417 1,583 9,439 9,439 N/A     N/A N/A     N/A Fee Simple N/A N/A Springing Springing N/A N/A
36 Loan CVS - Tiverton 4,121 1,598 999   77 N/A   192 N/A N/A     N/A Fee Simple N/A N/A Hard Springing N/A N/A
37 Loan Nautilus FedEx Portfolio 6,833 4,237 2,119   1,190 N/A   3,950 N/A N/A     N/A Fee Simple N/A N/A Hard In Place N/A N/A
37.01 Property Littleton                           Fee Simple N/A N/A        
37.02 Property Mason City                           Fee Simple N/A N/A        
38 Loan 660 NCX 8,808 6,188 1,105   1,679 60,433 100,000 6,715 341,731 Unfunded Tenant Obligations Reserve ($427,545); Free Rent Funds ($45,033.18); Southwest Tow Holdback Funds ($410,000); Verizon Holdback Reserve Funds ($260,000) 1,142,578   N/A Fee Simple N/A N/A Springing Springing N/A N/A
39 Loan Airport Investment & Airport Overlook 26,723       3,811 200,000   19,057 N/A Tenant Allowance Funds 2,000,000   N/A Fee Simple N/A N/A Hard Springing 21,970,924 N/A
39.01 Property Airport Investment                           Fee Simple N/A N/A        
39.02 Property Airport Overlook                           Fee Simple N/A N/A        
40 Loan Lynchburg Apartments 770       1,308 73,750     N/A Debt Service Reserve Funds 246,526   N/A Fee Simple N/A N/A Springing Springing N/A N/A
41 Loan Concord Multifamily Portfolio 8,375     1,128 1,128 N/A     N/A N/A     N/A Fee Simple N/A N/A Springing Springing N/A N/A
41.01 Property Bloomfield Rental Townhomes                           Fee Simple N/A N/A        
41.02 Property 1500 Willow Pass Court                           Fee Simple N/A N/A        
41.03 Property California Street Townhomes                           Fee Simple N/A N/A        
41.04 Property Grant Street Townhomes                           Fee Simple N/A N/A        
42 Loan Mini U Storage - Livonia 4,648 6,408 801 1,047 1,047 N/A     N/A N/A     N/A Fee Simple N/A N/A Springing Springing N/A N/A
43 Loan Mini U Storage - Denver 8,404 6,408 801 547 547 N/A     N/A N/A     N/A Fee Simple N/A N/A Springing Springing N/A N/A
44 Loan Hampton Inn - South Haven   13,274       N/A     N/A PIP Reserve ($399,244.38); Debt Service Reserve ($91,357.30) 490,602   N/A Fee Simple N/A N/A Hard Springing N/A N/A
45 Loan Essex Centre 8,551 1,983 496   1,055 63,300   4,586 N/A Farbman Lease Reserve ($132,940); Maddin Lease Reserve ($200,000) 332,940   N/A Fee Simple N/A N/A Hard Springing N/A N/A
46 Loan Mini U Storage - Highlands Ranch 7,516 5,564 696 380 380 N/A     N/A N/A     N/A Fee Simple N/A N/A Springing Springing N/A N/A
47 Loan Amelia Court Apartments 4,351 5,112 1,704   2,325 N/A     N/A       N/A Fee Simple N/A N/A Springing Springing N/A N/A
48 Loan 55 Northwest 25th Street 6,286 3,271 1,090   63 N/A   624 N/A Free Rent Reserve 346,224   N/A Fee Simple N/A N/A Hard In Place N/A N/A

 

 

 

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

 

Mortgage Loan Number Property Flag Property Name 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(19)(32) Total Debt Cut-off Date LTV Ratio(32) Total Debt UW NCF DSCR(32) Total Debt UW NOI Debt Yield(32) Future Subordinate Debt Permitted(19)(32) Future Subordinate Debt Type(19)(32) Future Subordinate Debt Amount Permitted(19)(32) Sponsor Guarantor Affiliated Sponsors
1 Loan One State Street 64% 1.51 7.1% N/A N/A N/A N/A No N/A N/A BF&W Realty Company, LLC BF&W Realty Company, LLC No
2 Loan AFIN Portfolio N/A N/A N/A N/A N/A N/A N/A No N/A N/A American Finance Operating Partnership, L.P. American Finance Operating Partnership, L.P. No
2.01 Property Montecito Crossing                          
2.02 Property Jefferson Commons                          
2.03 Property Best on the Boulevard                          
2.04 Property Northpark Center                          
2.05 Property Anderson Station                          
2.06 Property Cross Pointe Center                          
2.07 Property San Pedro Crossing                          
2.08 Property Riverbend Marketplace                          
2.09 Property Shops at RiverGate South                          
2.10 Property Centennial Plaza                          
2.11 Property Shoppes of West Melbourne                          
2.12 Property North Lakeland Plaza                          
3 Loan Eagle Multifamily Portfolio N/A N/A N/A 5,000,000 78.3% 1.27 9.1% No N/A N/A TriSpan LP; Adam M. Hendry; Elan Shcultz Adam M. Hendry No
3.01 Property Bay                          
3.02 Property Brookside                          
3.03 Property Millennium                          
3.04 Property Ridge                          
3.05 Property Rose                          
3.06 Property Park                          
4 Loan National Office Portfolio N/A N/A N/A N/A N/A N/A N/A Yes Mezzanine (i) DY >=11.12%; (ii) LTV <= 70.0% Andrew J. Segal Andrew J. Segal No
4.01 Property 8330 LBJ Freeway                          
4.02 Property 101 East Park Boulevard                          
4.03 Property 13601 Preston Road                          
4.04 Property 1750 East Golf Road                          
4.05 Property 14800 Quorum Drive                          
4.06 Property 1995 North Park Place                          
4.07 Property Northlake - 2295 Parklake Dr NE                          
4.08 Property 4751 Best Road                          
4.09 Property The Centre - 4101 McEwen Road                          
4.10 Property The Centre - 4099 McEwen Road                          
4.11 Property 11225 North 28th Drive                          
4.12 Property 10000 North 31st Ave                          
4.13 Property The Centre - 4001 McEwen Road                          
4.14 Property 4425 W Airport Fwy                          
4.15 Property Northlake - 2302 Parklake Dr NE                          
4.16 Property Northlake - 2305&2309 Parklake Dr NE                          
4.17 Property 12100 Ford Road                          
4.18 Property The Centre - 4000N&S McEwen Road                          
5 Loan Tryad Industrial & Business Center N/A N/A N/A 19,500,000 61.9% 1.10 9.0% No N/A N/A Leslie Westreich; Mort Yashar Leslie Westreich; Mort Yashar No
6 Loan HRC Hotels Portfolio N/A N/A N/A N/A N/A N/A N/A No N/A N/A HRC Hotels, LLC HRC Hotels, LLC No
6.01 Property Hampton Inn Traverse City                          
6.02 Property Homewood Suites by Hilton Indianapolis-Downtown                          
6.03 Property Homewood Suites by Hilton Indianapolis-Airport/Plainfield                          
6.04 Property Homewood Suites by Hilton Indianapolis Northwest                          
6.05 Property Homewood Suites by Hilton Bloomington                          
6.06 Property Hampton Inn & Suites Petoskey                          
6.07 Property Hampton Inn & Suites Valparaiso                          
6.08 Property Hampton Inn & Suites Kalamazoo-Oshtemo                          
7 Loan Griffin Portfolio N/A N/A N/A N/A N/A N/A N/A No N/A N/A Griffin Capital Essential Asset REIT Inc. Griffin Capital Essential Asset REIT Inc. No
7.01 Property Restoration Hardware Distribution                          
7.02 Property State Farm Regional HQ                          
7.03 Property North Pointe I                          
7.04 Property Corporate Campus at Norterra                          
7.05 Property CHRISTUS Health HQ                          
7.06 Property Duke Bridges I                          
7.07 Property Wells Fargo Operations Center                          
7.08 Property Ace Hardware HQ                          
7.09 Property Royal Ridge V                          
7.10 Property Comcast Regional HQ                          
8 Loan General Motors Building 48% 2.77 9.9% N/A N/A N/A N/A No N/A N/A Boston Properties Limited Partnership; 767 LLC; Sungate Fifth Avenue LLC N/A No
9 Loan AvidXchange Headquarters N/A N/A N/A 8,000,000 52.8% 1.91 11.0% Yes Mezzanine 4000000 Lexington Realty Trust Lexington Realty Trust No
10 Loan Lockefield Gardens N/A N/A N/A N/A N/A N/A N/A No N/A N/A G. Marlyne Sexton G. Marlyne Sexton No
11 Loan Plaza Del Sol N/A N/A N/A N/A N/A N/A N/A No N/A N/A BREIT Operating Partnership L.P. BREIT Operating Partnership L.P. No
12 Loan Greenpoint Multifamily Portfolio N/A N/A N/A N/A N/A N/A N/A No N/A N/A Joshua Gotlib Joshua Gotlib No
12.01 Property 164-166 Kingsland                          
12.02 Property 673 Meeker Ave                          
12.03 Property 657 Meeker Ave                          
12.04 Property 669 Meeker Ave                          
12.05 Property 3 Sutton Street                          
12.06 Property 5 Sutton Street                          
12.07 Property 667 Meeker Ave                          
12.08 Property 661 Meeker Ave                          
13 Loan Marketplace at Four Corners N/A N/A N/A N/A N/A N/A N/A No N/A N/A John R. McGill; John R. McGill Family Trust John R. McGill; John R. McGill Family Trust No
14 Loan North Creek Parkway Center N/A N/A N/A N/A N/A N/A N/A No N/A N/A Peregrine Realty Partners Stephen M. Zotovich; Bradley E. Lofgren; Stephen M. Zotovich, Trustee of the Zotovich Family Revocable Trust U/D/T Dated May 23. 1996 - Survivor’s Trust No
15 Loan 5th Street Public Market N/A N/A N/A N/A N/A N/A N/A Yes Mezzanine An amount equal to or less than a combined loan-to-value ratio of 80% or amount equal to or greater than a debt-service-coverare ratio of 1.20x Brian B. Obie;  Brian B. Obie, trustee of the Brian B. Obie Revocable Trust dated August 6, 2014 Brian B. Obie;  Brian B. Obie, trustee of the Brian B. Obie Revocable Trust dated August 6, 2014 No
16 Loan Harmon Corner N/A N/A N/A N/A N/A N/A N/A No N/A N/A Paul C. Kanavos, Brett Torino, Steven J. Johnson Paul C. Kanavos, Brett Torino, Steven J. Johnson No
17 Loan New Garden Crossing N/A N/A N/A N/A N/A N/A N/A No N/A N/A Leonard H. Kern, Jr., Richard L. Kern Leonard H. Kern, Jr., Richard L. Kern No
18 Loan Covington Center II N/A N/A N/A N/A N/A N/A N/A No N/A N/A Wakefield Properties, LLC James L. Evans; Steven; Marsha A. Malsam; Steven J. Malsam No
19 Loan 900 on Nine N/A N/A N/A N/A N/A N/A N/A No N/A N/A Carey Tajfel; Doran Tajfel Carey Tajfel; Doran Tajfel No
20 Loan Belden Park Crossing N/A N/A N/A N/A N/A N/A N/A No N/A N/A Robert L. Stark Robert L. Stark No
21 Loan West Carmel Marketplace N/A N/A N/A N/A N/A N/A N/A No N/A N/A Casto Ventures, Ltd. United Properties, Inc. No
22 Loan Elysian Brewery N/A N/A N/A N/A N/A N/A N/A No N/A N/A Daniel T. Adams Daniel T. Adams No
23 Loan Alliance Crossing N/A N/A N/A N/A N/A N/A N/A No N/A N/A Todd M. Gordon Todd M. Gordon No
24 Loan South Coast Plaza N/A N/A N/A N/A N/A N/A N/A No N/A N/A John Pom Jun Kim; Robert Pom Seok Kim John Pom Jun Kim; Robert Pom Seok Kim No
25 Loan Springhill Suites Wichita Airport N/A N/A N/A N/A N/A N/A N/A No N/A N/A Chandra Sekhar Tokala, Minhas Ladiwalla Chandra Sekhar Tokala, Minhas Ladiwalla No
26 Loan Town Center Commons N/A N/A N/A N/A N/A N/A N/A No N/A N/A Matthew Jason Shulman; Todd M. Terwilliger; Dror Bezalel Matthew Jason Shulman; Todd M. Terwilliger; Dror Bezalel No
27 Loan Holiday Inn Express & Suites Charlotte Airport N/A N/A N/A N/A N/A N/A N/A No N/A N/A Baldev T. Thakor; Jitendra D. Deva Baldev T. Thakor; Jitendra D. Deva No
28 Loan Hampton Inn & Suites Lake City N/A N/A N/A N/A N/A N/A N/A No N/A N/A Nilesh R. Patel; Pravin J. Patel Nilesh R. Patel; Pravin J. Patel No
29 Loan Candlewood Suites Fayetteville N/A N/A N/A N/A N/A N/A N/A No N/A N/A Newport Hospitality Group Andrew T. Carey; Michael L. Pleninger No
30 Loan Hampton Inn - Gulf Shores N/A N/A N/A N/A N/A N/A N/A No N/A N/A Virendra Patel Virendra Patel No
31 Loan TownePlace Meridian N/A N/A N/A N/A N/A N/A N/A No N/A N/A Dewey F. Weaver, JR. Dewey F. Weaver, JR. No
32 Loan RPI Student Housing Portfolio N/A N/A N/A N/A N/A N/A N/A No N/A N/A Bon Investments USA LLC Bon Investments USA LLC No
33 Loan Murrieta Plaza N/A N/A N/A N/A N/A N/A N/A No N/A N/A E. Stanley Kroenke E. Stanley Kroenke No
34 Loan Airport Commerce Center N/A N/A N/A N/A N/A N/A N/A No N/A N/A Demetrius A. Tsunis; Lee A. Rosner Demetrius A. Tsunis; Lee A. Rosner No
35 Loan Hampton Inn & Suites Blythe N/A N/A N/A N/A N/A N/A N/A No N/A N/A Poornima C. Bhakta; Poornima C. Bhakta, as Trustee of The Poornima C. Bhakta Living Trust dated October 22, 2014; Sejal C. Bhakta; Parth C. Bhakta Poornima C. Bhakta; Poornima C. Bhakta, as Trustee of The Poornima C. Bhakta Living Trust dated October 22, 2014; Sejal C. Bhakta; Parth C. Bhakta No
36 Loan CVS - Tiverton N/A N/A N/A N/A N/A N/A N/A No N/A N/A Gregory T. Adams Gregory T. Adams No
37 Loan Nautilus FedEx Portfolio N/A N/A N/A N/A N/A N/A N/A No N/A N/A Qingguo Liu; Xiaobing Chen Qingguo Liu; Xiaobing Chen No
37.01 Property Littleton                          
37.02 Property Mason City                          
38 Loan 660 NCX N/A N/A N/A N/A N/A N/A N/A No N/A N/A Irrevocable Declaration of Trust and Trust Agreement of Richard G. Curtin; Robert Hayman Living Trust; Robert Hayman Irrevocable Declaration of Trust and Trust Agreement of Richard G. Curtin; Robert Hayman Living Trust; Robert Hayman No
39 Loan Airport Investment & Airport Overlook N/A N/A N/A N/A N/A N/A N/A No N/A N/A BRIT Limited Partnership BRIT Limited Partnership No
39.01 Property Airport Investment                          
39.02 Property Airport Overlook                          
40 Loan Lynchburg Apartments N/A N/A N/A N/A N/A N/A N/A No N/A N/A Kevin T. McFadden; Robert W. Hargett; Daniel L. Hargett Kevin T. McFadden; Robert W. Hargett; Daniel L. Hargett No
41 Loan Concord Multifamily Portfolio N/A N/A N/A N/A N/A N/A N/A No N/A N/A David B. Sanson; Lori J. Sanson David B. Sanson; Lori J. Sanson No
41.01 Property Bloomfield Rental Townhomes                          
41.02 Property 1500 Willow Pass Court                          
41.03 Property California Street Townhomes                          
41.04 Property Grant Street Townhomes                          
42 Loan Mini U Storage - Livonia N/A N/A N/A N/A N/A N/A N/A No N/A N/A Dahn Corporation Dahn Corporation Yes
43 Loan Mini U Storage - Denver N/A N/A N/A N/A N/A N/A N/A No N/A N/A Dahn Corporation Dahn Corporation Yes
44 Loan Hampton Inn - South Haven N/A N/A N/A N/A N/A N/A N/A No N/A N/A Pankaj T. Mehta; Sulochana Pandya Pankaj T. Mehta; Sulochana Pandya No
45 Loan Essex Centre N/A N/A N/A N/A N/A N/A N/A No N/A N/A Henry Wineman II; Farbman Group II, LLC Henry Wineman II; Farbman Group II, LLC No
46 Loan Mini U Storage - Highlands Ranch N/A N/A N/A N/A N/A N/A N/A No N/A N/A Dahn Corporation Dahn Corporation Yes
47 Loan Amelia Court Apartments N/A N/A N/A N/A N/A N/A N/A No N/A N/A Phillip J. Stover; Annette A. Stover Phillip J. Stover; Annette A. Stover No
48 Loan 55 Northwest 25th Street N/A N/A N/A N/A N/A N/A N/A No N/A N/A Robert Knoll, Philip Knoll Robert Knoll, Philip Knoll No

 

 

 

UBS 2017-C7

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”), Ladder Capital Finance LLC (“LCF”), KeyBank National Association (“KeyBank”), Société Générale (“SG”), Cantor Commercial Real Estate Lending, L.P. (“CCRE”), and Natixis Real Estate Capital LLC (“Natixis”).
   
(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” in the preliminary prospectus for information regarding certain lease termination options affecting the 5 largest tenants at Mortgaged Properties securing the 15 largest Mortgage Loans.
   
(3) 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 One State Street, AFIN Portfolio, National Office Portfolio, Tryad Industrial & Business Center, HRC Hotels Portfolio, Griffin Portfolio, General Motors Building, Marketplace at Four Corners, Harmon Corner, Belden Park Crossing, Murrieta Plaza, and Airport Investment & Airport Overlook 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. 
   
(4) Loan No. 3 – Eagle Multifamily Portfolio – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, and Appraised Value with respect to the Mortgage Loan include the “As-Renovated” Appraised Value of $22,200,000 for the Bay Mortgaged Property as of October 24, 2018, which assumes the completion of $2,700,000 in renovations for which the lender reserved at origination. The “As-Is” appraised value for the Bay Mortgaged Property is $19,500,000. The Appraised Value for the Mortgaged Properties assuming the “As-Is” Appraised Value is $79,700,000 as of October 24, 2017. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD assuming the “As-Is” Appraised Value for the Mortgaged Properties are 74.7% and 65.8%, respectively.
   
  Loan No. 6 – HRC Hotels Portfolio – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, and Appraised Value with respect to the Whole Loan represent the “As Portfolio” Appraised Value of $129,000,000 which reflects a 7.1% premium attributed to $120,500,000, the aggregate sum of the “As-Is” and “As-Complete” values, as applicable, for each of the Mortgaged Properties on an individual basis. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the Appraised Value on a stand-alone basis are 57.9% and 47.8%, respectively. Additionally, the “As-Complete” Appraised Value of $23,000,000 is being utilized for the Hampton Inn Traverse City Mortgaged Property, which assumes the completion of certain property improvements, for which the lender has fully reserved. The “As-Is” Appraised Value for the Hampton Inn Traverse City Mortgaged Property is $18,300,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the aggregate sum of the “As-Is” Appraised Values for each Mortgaged Property of $115,800,000 are 60.3% and 49.7%, respectively.
   
  Loan No. 7 – Griffin Portfolio – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, and Appraised Value with respect to the Whole Loan represent the “As-Is Portfolio Value” conclusion which includes a portfolio premium to the Mortgaged Properties if sold together on a bulk basis. The sum of the “As-Is” Appraised Values on a stand-alone basis is $592,060,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the aggregate stand-alone appraised “As-Is” values are 63.3% and 63.3%, respectively.
   
  Loan No. 13 – Marketplace at Four Corners – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, and Appraised Value with respect to the Mortgage Loan are based on the “As-Is” Appraised Value of $58,000,000 as of October 3, 2017; however, such Mortgaged Property was under a contract for sale dated October 19, 2017, for an agreed purchase price of $56,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD calculated based upon such agreed price are 75.0% and 61.5%, respectively.
   
(5) Loan No. 1 – One State Street – The Whole Loan can be defeased at any time after the date that is the earlier of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) the fourth anniversary of the first payment date (the “Defeasance Lockout Expiration Date”). The lockout period for defeasance will be at least 24 payment dates beginning with and including the first payment date of January 6, 2018. For the purposes of this preliminary prospectus, the assumed lockout period of 24 months is based on the expected UBS 2017-C7 securitization closing date in December 2017. The actual lockout period may be longer.
   
  Loan No. 5 – Tryad Industrial & Business Center – The Original Balance and Cut-off Date Balance of $54,000,000 represents the non-controlling Note A-1-1 and Note A-2-1 of a $110,500,000 Whole Loan evidenced by eight pari passu notes that was originated by CCRE. Controlling Note A-1-2 with an original balance of $13,000,000 and the remaining five notes are held by CCRE or an affiliate and UBS AG or an affiliate and are expected to be contributed to one or more future securitizations. The lockout period for defeasance will be at least 24 payment dates beginning with and including the first payment date of January 6, 2018. Following the lockout period, the borrower has the right to defease the Tryad Industrial & Business Center Whole Loan in whole, but not in part, on any date before September 6, 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) February 6, 2021. For the purposes of this preliminary prospectus, the assumed lockout period of 24 months is based on the expected UBS 2017-C7 securitization closing date in December 2017. The actual lockout period may be longer.
   
  Loan No. 16 – Harmon Corner – The Original Balance and Cut-off Date Balance of $20,800,000 represents the non-controlling Note A-3 of a $143,000,000 Whole Loan evidenced by six pari passu notes that was originated by CCRE and Citi Real Estate Funding Inc. Controlling Note A-1, with an original balance of $30,000,000 was contributed to the UBS 2017-C6 securitization, non-controlling Note A-2 and Note A-4, with an original aggregate balance of $35,000,000 were contributed to the CCUBS 2017-C1 securitization and the remaining two notes, Note A-5 and Note A-6 are held by Citi Real Estate Funding Inc. and are expected to be contributed to one or more future securitizations. The defeasance lockout period will be at least 24 payment dates beginning with and including the first payment date of January 6, 2018. Defeasance is permitted at any time after the earlier of the fourth anniversary of the first payment date of the Whole Loan or two years after the closing date of the securitization that includes the last note to be securitized.
   
(6) Loan No. 2 – AFIN Portfolio – Any time after the expiration of the lockout period, the borrower may obtain the release of any Mortgaged Property, provided, among other things, (i) the sale of such Mortgaged Property is pursuant to an arm’s-length agreement to a third party not affiliated with any borrower or guarantor, (ii) the borrower prepays an amount of the Whole Loan equal to the release price together with any yield maintenance premium, (iii) no event of default under the loan documents has or will be continuing, (iv) the borrowers will remain special purpose bankruptcy remote entity, (v) the borrowers and the guarantor execute and deliver such documents as lender may reasonably request to confirm the continued validity of the loan documents and liens, (vi) the DSCR for all of the remaining Mortgaged Properties will not be less than the greater of (a) the DSCR immediately preceding such release and (b) 2.34x, and (vii) if the LTV (such value to be determined, in lender’s sole discretion, by any commercially reasonable method permitted to a REMIC trust; and which will exclude the value of personal property or going concern value, if any) is greater than 125.0%, the borrower will also make payment of principal in an amount such that the LTV (such value to be determined, in lender’s sole discretion, by any commercially reasonable method permitted to a REMIC trust; and which will exclude the value of personal property or going concern value, if any) is no more than 125.0%.

 

 

 

  Loan No. 3 – Eagle Multifamily Portfolio – On any payment date after the release date or yield maintenance release date and prior to the permitted prepayment date, the borrower may partially defease or prepay (plus the applicable yield maintenance premium) a portion of the principal equal to the release amount from the lien of the mortgage encumbering such Mortgaged Property, provided, among others, the following conditions are satisfied: (i) no event of default has or will be continuing; (ii) an amount such that in the case of a partial defeasance, the execution and delivery by the borrower of all necessary documents to amend and restate the note and issue two substitute notes comprised of (a) one having 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; (iii) the borrower satisfies all of the requirements with respect to such defeasance or partial prepayment including, without limitation, the rating agency confirmation and opinion delivery requirements thereof.
   
  Loan No. 6 – HRC Hotels Portfolio – Any time after the lockout period and prior to the open date, the borrowers may release a Mortgaged Property, provided that, among other things per the loan documents, (i) no event of default has occurred and is continuing, (ii) borrowers defease a portion of the Whole Loan equal to the greater of (a) 120.0% of the allocated loan amount or (b) 80.0% of the net proceeds from the sale of the applicable individual Mortgaged Property, (iii) the DSCR for the remaining Mortgaged Properties is no less than the greater of 1.89x and the DSCR immediately preceding such release, (iv) the LTV ratio for the remaining Mortgaged Properties is no greater than the lesser of 57.67% and the LTV ratio immediately preceding such release, and (v) the debt yield for the remaining Mortgaged Properties is no less than the greater of 12.28% and debt yield immediately preceding such release.
   
  Loan No. 7 – Griffin Portfolio – The borrower may release an individual Mortgaged Property, provided that, among other things, (i) payment of a release price equal 110.0% of the allocated loan amount, (ii) the debt yield for the Whole Loan is at least equal to the greater of the origination date debt yield and the debt yield immediately prior to the applicable Mortgaged Property release, (iii) payment of the yield maintenance premium, if applicable, and (iv) after release, each remaining borrower remains a single-purpose entity. A Mortgaged Property may be released to a borrower affiliate so long as the payment of the release price is 120.0% of the allocated loan amount, among other conditions set forth in the loan agreement.
   
  Loan No. 11 – Plaza Del Sol – The borrower may obtain the release of the Mortgaged Property from the lien of the mortgage encumbering such Mortgaged Property, provided, among others, the following conditions are satisfied: (i) (x) on any payment date prior to the release date or (y) on any payment date after the release date, (ii) with respect to (x) above, the borrower prepays an amount of principal equal to the release amount for the Mortgaged Property in question, together with a yield maintenance premium and with respect to (y) above, the borrower defeases an amount of principal equal to the release amount for the Mortgaged Property in question, and the borrower satisfies all of the requirements with respect to such defeasance including, without limitation, the rating agency comfort letter and opinion delivery requirements thereof; (iii) no event of default has or will be continuing; (iv) the borrower will remain a special purpose bankruptcy remote entity; (v) an amount such that the LTV of the Mortgage Loan for the Mortgaged Property then remaining subject to the liens of the mortgages does not exceed 125.0% and the applicable securitization will not fail to maintain its status as a REMIC trust; and (vi) the DSCR for all of the Mortgaged Property then remaining subject to the liens of the mortgages will be greater than or equal to 2.00x.
   
  Loan No. 12 – Greenpoint Multifamily Portfolio – Following the lockout period, the borrower may obtain the release of one or more individual Mortgaged Properties in connection with a bona fide third-party sale, provided, among others, the following conditions are satisfied: (i) after the partial release, (A) the DSCR is no less than the greater of 1.55x and the DSCR at origination and (B) the LTV is no more than 55.0% and (ii) the borrower delivers to the lender defeasance collateral in an amount equal to 115.0% of the allocated cut-off date balance of the related Mortgaged Property.
   
  Loan No. 37 – Nautilus FedEx Portfolio - At any time after the permitted release date, the borrower can release an individual Mortgaged Property, provided, among others, the following conditions are satisfied: (i) no cash trap period is outstanding, (ii) after the partial release, (A) the DSCR is no less than the greater of 2.70x or the DSCR immediately prior to such release, (B) the LTV is no more than the lesser of 49.9% or the LTV immediately prior to such release, and (C) the debt yield is no less than the greater of 13.5% or the debt yield immediately prior to such release and (iii) the borrower pays a release price in an amount equal to the greater of (x) 85.0% of the net sales proceeds from the sale of the related individual Mortgaged Property, (y) 120.0% of the allocated loan amount of the related individual Mortgaged Property, or (z) the amount necessary to satisfy all conditions in clause (ii) above, together with the yield maintenance.
   
(7) Loan No. 1 – One State Street – The developer of the Mortgaged Property entered into an air rights lease agreement with former Lot 23 in Block 9 for a portion of its air rights in order to construct the Mortgaged Property in 1970. The borrower made an upfront lump-sum payment in order to lease the excess air rights and is responsible for a portion of the taxable land assessment part of Lot 14 (former Lot 23). In 1985, Lots 9, 14 and 23 were merged into single zoning lot 14 and subsequently developed into 17 State Street. The former Lot 23 in Block 9 is now the public plaza for 17 State Street (Lot 14 in Block 9). Due to the zoning lot merger, the borrower is responsible for payments to 17 State Street. The air rights lease was originally dated as of July 9, 1968 and was subsequently amended. The lease’s original expiration was July 31, 2019, which was extended in October 2017 through July 31, 2071.
   
  Loan No. 2 – AFIN Portfolio – The Whole Loan consists of both the fee and leasehold interests in the Cross Pointe Center Mortgaged Property. The Cross Pointe Center Mortgaged Property is subject to a ground lease with Developers Realty Corp., which is indirectly a wholly-owned subsidiary of DDR Corp., for a 25-year term, expiring on February 1, 2047. The ground lease has two, ten-year renewal options remaining, through February 1, 2067. The current annual ground rent is $377,617.
   
  Loan No. 5 – Tryad Industrial & Business Center – In connection with a 20-year PILOT agreement with the Monroe County Industrial Development Agency (“IDA”), the borrower leased the Mortgaged Property to IDA pursuant to a ground lease that requires rent of $1.00 per year and is coterminous with the PILOT agreement. The IDA subleased the Mortgaged Property back to the borrower to operate the related Mortgaged Property. The lender has the right to terminate the ground lease and the related sub-lease in connection with a foreclosure proceeding against the borrower.
   
  Loan No. 6 – HRC Hotels Portfolio – The Whole Loan consists of both the fee and leasehold interests in the Hampton Inn Traverse City Mortgaged Property. A portion of the parking lot at the Hampton Inn Traverse City Mortgaged Property representing 16 parking spaces is subject to a ground lease that expires on December 31, 2026 with two, five-year renewal options. Current annual ground rent is $8,704.32 and adjusts annually based on the United States Bureau of Labor and Statistics Consumer Price Index.
   
  Loan No. 15 – 5th Street Public Market – The Mortgage Loan is partially secured by the land under the Inn at 5th hotel, which is encumbered by a ground lease between the related borrower, as the ground lessor, and the related ground tenant. The current annual ground rent is $308,460. The borrowers are affiliates of the ground tenants. The improvements are not collateral for the Mortgage Loan other than the borrowers’ reversionary interest therein.
   
(8) Loan No. 10 – Lockefield Gardens – The Mortgaged Property is subject to a ground lease with The Trustees of Indiana University, as the ground lessor, dated as of October 1, 2013, that has an expiration of December 31, 2064 with no extension options. The annual rent due under the ground lease is approximately $120,999 through expiration.
   
(9) Loan No. 41 – Concord Multifamily Portfolio – The single tenant at the 1500 Willow Pass Court Mortgaged Property, DeNova Homes, Inc., is a wholly owned affiliate of the guarantors. This lease is fully guaranteed by the guarantors. 
   
  Loan No. 45 – Essex Centre – The largest tenant, Maddin, Hauser, et. al. (law firm), which is an affiliate of the borrower sponsor, leases 55.5% of the net rentable area at the Mortgaged Property. The second largest tenant, The Farbman Group, which is an affiliate of the borrower sponsor, leases 24.2% of the net rentable area at the Mortgaged Property.

 

 

 

(10) Loan No. 4 – National Office Portfolio – (i) Trinity Universal Insurance Co (June 30, 2025 lease expiration date), which is the largest tenant at the 8330 LBJ Freeway Mortgaged Property and the second largest tenant in the portfolio of related Mortgaged Properties, representing 3.3% of the net rentable area and 3.9% of the underwritten base rent for the entire portfolio of related Mortgaged Properties, may terminate its lease on June 30, 2022 with nine months’ notice, and (ii) Assurance Agency, Ltd (September 30, 2023 lease expiration date), which is the second largest tenant at the 1750 East Golf Road Mortgaged Property and the third largest tenant in the portfolio of related Mortgaged Properties, representing 2.5% of the net rentable area and 4.8% of the underwritten base rent for the entire portfolio of related Mortgaged Properties, may terminate its lease on September 30, 2019 with 12 months’ notice. Several other tenants that are, in each case, a top five tenant at the respective related Mortgaged Property, also have lease termination options, but no such tenant is a top five tenant with respect to the entire portfolio of the related Mortgaged Properties.
   
  Loan No. 5 – Tryad Industrial & Business Center – The third largest tenant, Kodak Alaris, has a termination option anytime on or after December 31, 2025 with one-year notice and the payment of a termination fee. The fourth largest tenant, Maximus, has an ongoing termination option if their contract with the government has been terminated, materially altered or permitted to expire, subject to a termination fee.
   
  Loan No. 7 – Griffin Portfolio – (i) The sole tenant at the Wells Fargo Operations Center Mortgaged Property, Wells Fargo Bank, has a one-time option to terminate its lease effective January 31, 2023 with notice by April 30, 2022 and payment of a termination fee of approximately $1,491,930, (ii) the sole tenant at the Royal Ridge V Mortgaged Property, NEC, has a one-time option to terminate its lease effective March 31, 2024 with payment of a termination fee of approximately $2,695,119 and (iii) the sole tenant at the Comcast Regional HQ Mortgaged Property, Comcast, has a one-time option to terminate its lease effective November 30, 2024 with notice by August 31, 2023 and payment of a termination fee equal to five months of base rent and unamortized tenant improvement and leasing commissions and rent abatement costs.
   
  Loan No. 8 – General Motors Building – The largest tenant, Weil, Gotshal & Manges, has the right to terminate its lease with respect to 20,791 Sq. Ft. of below grade storage space, at any time, and either its 38,900 Sq. Ft. of space on the 22nd floor or its 38,900 Sq. Ft. of space on the 32nd floor, on or after August 31, 2022. The fourth largest tenant, Apple, is temporarily occupying the space expected to be occupied by Under Armour once its lease commences while the Apple Cube space and expansion is under construction. Apple is obligated to vacate its temporary space by December 31, 2018 and has the right to terminate its entire lease if its space is not delivered by February 3, 2020, subject to force majeure.
   
  Loan No. 15 – 5th Street Public Market – The fifth largest tenant, Elephant’s Trunk, has the right to terminate its lease any time upon providing 180 days’ prior written notice to the landlord.
   
  Loan No. 16 – Harmon Corner – The largest tenant, Rainforest Café, has a termination option exercisable at any time upon 30 days’ notice in the event that gross sales for any calendar year do not exceed $10,000,000 (or $8,000,000 if the tenant has not opened on Sundays for the applicable year). The tenant is required to give notice within 60 days after the expiration of such calendar year and to pay a termination fee equal to 12 months of future rent and unamortized tenant improvement and leasing commissions. In addition to the termination payment, there will be a monthly cash flow sweep equal to $83,333.33 for the 12 months after the exercise of such notice, up to a cap of $1,000,000 ($67.57 PSF) until such time as the borrower re-leases the Rainforest Café space to a replacement tenant reasonably acceptable to the lender. The second largest tenant, Bubba Gump Shrimp Co., has a termination option exercisable at any time in the event that gross sales for the trailing 12-month period do not exceed $10,000,000. The tenant is required to deliver notice within 60 days after such 12-month period. The tenant is required to pay a termination fee equal to 12 months of future rent or the number of months remaining in the term if there are less than 12 months remaining, which is reduced by the rent paid between the date that the landlord receives the notice and the date that the tenant vacates the premises. The third largest tenant, Twin Peaks, has a termination option exercisable at any time after October 1, 2017, in the event that gross sales for the trailing 18-month period do not exceed $12,000,000. The tenant is required to deliver notice within 60 days after such 18-month period and the lease will terminate upon the expiration of the 12th full calendar month after notice is given. The earliest effective date of such termination option would be October 1, 2018. In the event that Twin Peaks exercises such option, Twin Peaks is required to pay a termination payment equal to (i) the minimum base rent for the following 12 months after the termination effective date, plus (ii) the unamortized amount of the tenant improvement allowance and leasing commission paid by the borrower with respect to such lease, assuming annual straight-line amortization over the initial lease term. The fifth largest tenant, Taco Bell Cantina, has the right to terminate upon 30 days’ notice if at any time after January 1, 2020, the annual minimum rent and percentage rent payable by the tenant for the year exceeds 10.0% of total gross sales for the year. Termination payment equals the following six months’ rent and reimbursements, plus any unamortized leasing commissions.
   
  Loan No. 18 – Covington Center II – The fourth largest tenant, Ronin Training, has the right to terminate its lease effective December 31, 2018 by providing a three-month written notice and payment of a termination fee equal to $27,600.
   
  Loan No. 19 – 900 on Nine – The largest tenant, NIP/Extensis, may terminate its lease with respect to the 3rd and 5th floors, effective July 12, 2023 with 15 months’ irrevocable notice and payment of a termination fee in the amount equal to the aggregate of (i) the unamortized aggregate rent concession attributable to the balance of the term for floors 3 and 5, and (ii) the unamortized improvements allowance actually delivered by the landlord attributable to the balance of the term. The second largest tenant, Onyx Equities, may terminate its lease effective January 1, 2020 with nine months’ advance notice and payment of a termination fee, no later than 90 days prior to the termination date, in the amount equal to the aggregate of (i) 50% of the improvements allowance, (ii) any and all brokerage commissions attributable to the remainder of the term and (iii) the reimbursement of unpaid base rent for the rent concession period with respect to months 12, 18 and 19. 
   
  Loan No. 22 – Elysian Brewery – The second largest tenant at the Mortgaged Property, New Core, representing 5.4% of the net rentable area, has a unilateral termination option with six months’ notice.
   
  Loan No. 33 – Murrieta Plaza – The third largest tenant, Walgreens, has the right to terminate its lease effective on 4/30/2030, 4/30/2035, 4/30/2040, 4/30/2045, 4/30/2050, 4/30/2055, 4/30/2060, 4/30/2065, 4/30/2070, and 4/30/2075. If Walgreens elects to exercise any such option, it will be required to send notice to the landlord at least six months prior to the lease termination date, but no notice will be required to terminate the lease upon the expiration of the lease term.
   
  Loan No. 39 – Airport Investment & Airport Overlook – The largest tenant at the Airport Investment Mortgaged Property, Northrop Grumman, has the right to terminate its lease effective June 30, 2023 with no less than nine months’ prior notice. Northrop Grumman will pay a termination fee based on a predetermined amortization schedule.
   
(11) Loan No. 8 – General Motors Building – The second largest tenant, Aramis, subleases 9,725 Sq. Ft. of its space on the 46th floor to GF Capital Management at $107.00 PSF. 
   
  Loan No. 22 – Elysian Brewery – The second largest tenant at the Mortgaged Property, New Core, representing 5.4% of the net rentable area, subleases a portion of its space.
   
  Loan No. 39 – Airport Investment & Airport Overlook – The second largest tenant at the Airport Overlook Mortgaged Property, Innovairre Studios, Inc., subleases 11,537 Sq. Ft. at $26.27 PSF to Veterans Accountable Care Group through May 31, 2019.
   
(12) Occupancy reflects tenants that have signed leases, but are not yet in occupancy or may not be paying rent.

 

 

 

  Loan No. 2 – AFIN Portfolio – The second largest tenant at the Jefferson Commons Mortgaged Property, Aldi, is expected to take full occupancy on January 5, 2018 and will begin paying rent on July 4, 2018. 
   
  Loan No. 5 – Tryad Industrial & Business Center – The third largest tenant, Kodak Alaris, executed a lease in July 2017 for ten years and four months. The tenant is expected to take occupancy of a portion of its space in March 2018 and its remaining space in May 2018. At origination, the borrower deposited (i) approximately $9,203,324 into a TI/LC Reserve, of which approximately $8,729,407 is earmarked for Kodak Alaris, and (ii) approximately $1,917,974 into a Free Rent Reserve earmarked for Kodak Alaris.
   
  Loan No. 8 – General Motors Building – The fourth largest tenant, Apple, is temporarily occupying the space expected to be occupied by Under Armour once its lease commences while the Apple Cube space and expansion is under construction. Apple is obligated to vacate its temporary space by December 31, 2018 and has the right to terminate its entire lease if its space is not delivered by February 3, 2020, subject to force majeure. Apple leases 2,754 Sq. Ft. through December 31, 2018 and 102,994 Sq. Ft. through January 31, 2034. Apple has 17 months of free rent, equal to $9,562,500, on its 21,907 Sq. Ft. of expansion space commencing in August 2017.
   
  Loan No. 14 – North Creek Parkway Center – The second largest tenant at the Mortgaged Property, Brooks Applied Labs, LLC, leases one 17,817 Sq. Ft. suite and recently executed a lease on a 5,437 Sq. Ft. expansion; the tenant is currently completing its buildout of the expansion space. At closing, the borrower deposited $19,135 into the existing lease TI/LC Reserve.
   
  Loan No. 16 – Harmon Corner – The fifth largest tenant, Taco Bell Cantina, is currently operating in its originally leased space, however, 708 Sq. Ft. of the leased space is newly leased expansion space that is not yet open and is expected to open by March 2018.
   
(13) Loan No. 1 – One State Street – At origination, $11,000,000 was reserved in connection with the recent departure of the suite currently occupied by Global Knowledge, which has provided notice of its intent to vacate prior to its lease expiration of August 31, 2019. The borrower is required to achieve, at a minimum, $1,531,560 in rental revenue (equivalent to current base rental collections associated with the space) by signing new leases or expansions (accretive leases). The Accretive Leasing Reserve funds can be released on a pro rata basis once an acceptable lease, as defined in the loan agreement, is executed and all leasing expenses associated with the initial lease-up of any such new lease have been paid or the estimated amount reserved for and the applicable rent commencement date has occurred (or the estimated amount of free rent and rent abatement accruing prior to the rent commencement date has been reserved for).
   
  Loan No. 27 – Holiday Inn Express & Suites Charlotte Airport – An earnout reserve in the amount of $443,705 was escrowed at origination. The borrower may obtain the release of the funds in the earnout reserve, provided that, (i) the net cash flow debt yield as determined quarterly is equal to or greater than 11.0% for two consecutive quarters, and (ii) no event of default exists. The borrower is also entitled to a portion of the escrow if at least a 10.45% net cash flow debt yield (based on two quarters of net cash flow) is achieved, with the amount to be released being generally equal to the difference between (1) the net cash flow that results in a debt yield of 10.45% and (2) the net cash flow which results in a debt yield as of the date of the quarterly calculation (which such debt yield calculation is to be based on two quarters of net cash flow), then dividing the difference between clauses (1) and (2) by 11.0%. If a net cash flow debt yield of at least 11.0% is not achieved by the end of the fourth quarter, the lender may apply the balance in the reserve to the payment of the debt, including yield maintenance.
   
  Loan No. 31 – TownePlace Meridian – An earnout reserve in the amount of $200,000 was escrowed at origination. On any date occurring at least twelve months after origination, the lender will be required to release the funds in the earnout reserve upon borrower request, provided that, at such time, (i) the Tru by Hilton adjacent to the Mortgaged Property has been open for 12 months, and (ii) the Mortgaged Property achieves a net cash flow debt yield of at least 11.0% based on the T-12 operating statement.
   
  Loan No. 38 – 660 NCX – At origination, $410,000 was reserved for Southwest Tow whose rent commencement date is scheduled for January 1, 2018, and $260,000 was reserved for Verizon whose lease commences when the tenant starts installation of the cell tower. Each holdback will be released to the borrower once the tenants are in occupancy, paying rent, and have delivered a tenant estoppel satisfactory to lender. 
   
(14) Loan No. 44 – Hampton Inn - South Haven – Beginning on June 6, 2020, the borrower will be required to make monthly deposits into an FF&E Reserve equal to the greater of (a) 1/12 of 4.0% of total revenue during the calendar year immediately preceding the calendar year in which the monthly payment date occurs and (b) the aggregate amount, if any, required to be reserved under the management agreement and the franchise agreement, for annual capital expenditures set forth. 
   
(15) Loan No. 27 – Holiday Inn Express & Suites Charlotte Airport – The borrower deposited $65,000 at origination into a Seasonality Reserve. Ongoing seasonality payments of $15,000 will be deposited monthly on each payment date occurring during the period between June and November, inclusive, subject to a Seasonality Reserve Cap (initially equal to $90,000).
   
  Loan No. 30 – Hampton Inn - Gulf Shores – At origination, the borrower deposited $250,000 into a Seasonality Reserve. Ongoing seasonality payments will be deposited monthly on each payment date in May, June and July equal to the one third of the sum of the monthly shortfall amounts for the previous 12 months minus the amount then on deposit in the seasonality reserve. The reserve amount will be recalculated in April of each year. 
   
  Loan No. 31 – TownePlace Meridian – The borrower deposited $80,000 at origination into a Seasonality Reserve. Ongoing seasonality payments of one quarter of 110.0% of the actual shortfall will be deposited monthly on each payment date occurring during the period between August and November, inclusive.
   
  Loan No. 44 – Hampton Inn - South Haven – The Mortgage Loan is structured with a Seasonality Reserve occurring during the months of June, July, August, September, and October requiring the borrower to deposit equal installments of cash flow into the Seasonality Reserve equal to the previous year’s shortfall amount. The reserve amount will be recalculated in June of each year. 
   
(16) Loan No. 24 – South Coast Plaza – A monthly escrow for TI/LC based on $0.75 PSF per annum will be required on all payment dates through and including December 6, 2018, and $1.85 PSF per annum thereafter, subject to a cap of $357,250. 
   
  Loan No. 30 – Hampton Inn - Gulf Shores – A monthly escrow for FF&E will be required based on 1/12 of 3.0% of total revenue in years 1 through 3 of the Mortgage Loan term and at 1/12 of 4.0% of total revenue thereafter. 
   
(17) Loan No. 2 – AFIN Portfolio – The ESAs did not note any recognized environmental conditions; however, the ESA for the Shoppes of West Melbourne Mortgaged Property indicated the former presence of a dry cleaner as a business environmental risk. The borrower obtained an environmental insurance policy from Berkeley Specialty Underwriting Managers, which has an A.M. Best rating of A- or better, with limits of $1,000,000 per occurrence and $1,000,000 in the aggregate. The policy provides coverage during the term of the Whole Loan and an optional three year tail.

 

 

 

  Loan No. 10 – Lockefield Gardens – A dry cleaner operated at the related Mortgaged Property’s commercial building as early as the mid-1980s until 2010. Subsurface investigations conducted at the related Mortgaged Property confirmed soil and groundwater contamination at concentrations above Indiana Department of Environmental Management closure guidelines. This known contamination and associated vapor migration concern for the related Mortgaged Property is considered a REC. An environmental reserve of $119,125, equal to approximately 125.0% of the estimated costs of testing and remedial actions if required in the future, was established at origination. In addition, the lender obtained a Premises Environmental Liability - Commercial Lenders insurance policy from Great American E&S Insurance Company, with a $3,000,000 policy limit per incident and in the aggregate, a $50,000 self-insured retention and a term expiring on November 1, 2030.
   
  Loan No. 12 – Greenpoint Multifamily Portfolio – With respect to the Mortgage Loan secured by the portfolio of Mortgaged Properties identified on Annex A-1 as Greenpoint Multifamily Portfolio, the related Phase I ESAs identified a recognized environmental condition at the 669 Meeker Ave and 661 Meeker Ave Mortgaged Properties related to up-gradient off-site properties that have adversely impacted groundwater and sub-slab soil vapor and indoor and indoor air that contained levels of volatile organic compounds that exceed their target concentrations. Pursuant to the recommendations described in the ESAs, the loan documents require that the borrower implement periodic indoor air testing and perform any and all actions to comply with applicable Environmental Statutes, if any. At origination, the borrower obtained an environmental insurance policy issued by Great American Insurance Group with limits of $2,000,000 per occurrence and $8,000,000 in the aggregate. The policy premiums have been paid in full.
   
  Loan No. 22 – Elysian Brewery – The Mortgaged Property is listed on federal and state regulatory databases under Preservative Paint Company and Kelly Moore Paint Company (“Kelly Moore”). These listings indicate Preservative Paint Company entered into the Washington Department of Ecology Voluntary Cleanup Program on July 22, 2010 following the removal of multiple underground storage tanks at the Mortgaged Property. In addition, Kelly Moore, the prior owner and occupant of the Mortgaged Property, is noted as the responsible party for existing soil and groundwater contamination at the Mortgaged Property. The contamination, caused by the Mortgaged Property’s prior use as a paint manufacturing facility, represents a REC and the potential for vapor intrusion is high. Kelly Moore has taken full responsibility for remediation efforts and obtained a Premises Pollution Liability Policy from Illinois Union Insurance Company, with a $10,000,000 policy limit per incident and in the aggregate, a $100,000 self-insured retention and a term expiring on December 1, 2020. Per the terms of the related loan documents, the related borrower also maintains a Premises Pollution Liability Policy from Illinois Union Insurance Company, with a $10,000,000 policy limit per incident and in the aggregate, a $100,000 self-insured retention and a term expiring on November 29, 2022. The lender is named as an additional insured on each of the foregoing policies.
   
(18) Loan No. 11 – Plaza Del Sol – In lieu of an environmental indemnitor, the borrower sponsor provided an environmental insurance policy issued by Indian Harbor Insurance Co. (XL), which has an A.M. Best rating of “A”, with limits of $5,000,000 per occurrence and $5,000,000 in the aggregate. The policy provides coverage during the term of the Mortgage Loan with a two-year extension option.
   
(19) For more information see “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness” in the preliminary prospectus.
   
(20) Loan No. 33 – Murrieta Plaza – The Mortgaged Property has been 100.0% leased but only 87.2% occupied since November 2013. The third largest space at the Mortgaged Property, representing 12.8% of net rentable area, has been dark since May 2011 due to OfficeMax vacating. The tenant is continuing to pay all rent and reimbursements as obligated under its lease until lease expiration on March 31, 2019.
   
(21) Loan No. 33 – Murrieta Plaza – A DSCR cash sweep will not occur if within ten (10) business days after the occurrence of any such trigger, the borrower delivers to the lender an executed qualifying master lease. A major tenant cash sweep will not occur if within ten (10) business days after the occurrence of any such trigger, the borrower delivers to the lender an executed qualifying master lease.
   
(22) Loan No. 18 – Covington Center II – The borrower has the option to post unconditional irrevocable letters of credit to place caps on the Replacement Reserve account and TI/LC Reserve account in the amounts of $106,680 and $453,360, respectively.
   
(23) Loan No. 27 – Holiday Inn Express & Suites Charlotte Airport – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI Debt Yield and U/W NCF Debt Yield with respect to the Mortgage Loan are calculated net of the $443,705 upfront earnout reserve (which is subject to release based on satisfying certain debt yield triggers). The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI Debt Yield and U/W NCF Debt Yield are 62.5%, 56.2%, 11.9% and 10.5%, respectively, based on the full Cut-Off Date Balance or scheduled principal balance at maturity, as applicable.
   
  Loan No. 27 – 660 NCX – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI Debt Yield and U/W NCF Debt Yield with respect to the Mortgage Loan are calculated net of the $410,000 Southwest Tow holdback reserve and the $260,000 Verizon holdback reserve. The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI Debt Yield and U/W NCF Debt Yield are 70.2%, 59.3%, 13.0% and 10.7%, respectively, based on the full Cut-Off Date Balance or scheduled principal balance at maturity, as applicable.
   
(24) Loan No. 16 – Harmon Corner – The Mortgaged Property consists of a 100.0% occupied, three-story retail building totaling 68,613 Sq. Ft. as well as a 60’ high, 306’8” long LED display billboard sign attached to the side of the building. The billboard sign revenue represents approximately 18.8% of the effective gross income.
   
  Loan No. 48 – 55 Northwest 25th Street – The Number of Units includes 1,293 Sq. Ft. of patio space.
   
(25) Loan No. 41 – Concord Multifamily Portfolio – This portfolio includes three multifamily Mortgaged Properties and one industrial Mortgaged Property. The multifamily Mortgaged Properties’ primary Unit of Measure is in Units, and the industrial Mortgaged Property’s primary Unit of Measure is in Sq. Ft. The Cut-off Date Balance Per Unit/SF is broken out separately by the two property types and calculated by aggregating the allocated Cut-off Date Balances by property type and dividing by the sum of the applicable Units or Sq. Ft. 
   
(26) Loan No. 2 – AFIN Portfolio – The first payment date for the Whole Loan is February 1, 2018. On the Closing Date, SG and UBS AG will deposit sufficient funds to pay the amount of interest that would be due with respect to a January 1, 2018 payment for the Whole Loan. Seasoning, Prepayment Provisions, First Pay Date, Remaining Term to Maturity or ARD and Remaining IO Term are inclusive of the additional January 1, 2018 interest-only payment funded by SG and UBS AG on the closing date.
   
  Loan No. 5 – Tryad Industrial & Business Center – The first payment date for the Whole Loan is February 6, 2018. On the Closing Date, CCRE and UBS AG will deposit sufficient funds to pay the amount of interest that would be due with respect to a January 6, 2018 payment for the Whole Loan. Seasoning, Prepayment Provisions, First Pay Date, Remaining Term to Maturity or ARD and Remaining IO Term are inclusive of the additional January 6, 2018 interest-only payment funded by CCRE and UBS AG on the closing date.
   
  Loan No. 9 – AvidXchange Headquarters – The first payment date for the Mortgage Loan is February 6, 2018. On the Closing Date, UBS AG will deposit sufficient funds to pay the amount of interest that would be due with respect to a January 6, 2018 payment for the Mortgage Loan. Seasoning, Prepayment Provisions, First Pay Date, Remaining Term to Maturity or ARD and Remaining IO Term are inclusive of the additional January 6, 2018 interest-only payment funded by UBS AG on the closing date.
   
  Loan No. 21 – West Carmel Marketplace – The first payment date for the Mortgage Loan is February 1, 2018. On the Closing Date, KeyBank will deposit sufficient funds to pay the amount of interest that would be due with respect to a January 1, 2018 payment for the Mortgage Loan. Seasoning, Prepayment Provisions, First Pay Date, Remaining Term to Maturity or ARD and Remaining IO Term are inclusive of the additional January 1, 2018 interest-only payment funded by KeyBank on the closing date.

 

 

 

  Loan No. 25 – Springhill Suites Wichita Airport – The first payment date for the Mortgage Loan is February 1, 2018. On the Closing Date, SG will deposit sufficient funds to pay the amount of interest that would be due with respect to a January 1, 2018 payment for the Mortgage Loan. Seasoning, Prepayment Provisions, First Pay Date, Remaining Term to Maturity or ARD and Remaining IO Term are inclusive of the additional January 1, 2018 interest-only payment funded by SG on the closing date.
   
  Loan No. 34 – Airport Commerce Center – The first payment date for the Mortgage Loan is February 6, 2018. On the Closing Date, CCRE will deposit sufficient funds to pay the amount of interest that would be due with respect to a January 6, 2018 payment for Mortgage Loan. Seasoning, Prepayment Provisions, First Pay Date, Remaining Term to Maturity or ARD and Remaining IO Term are inclusive of the additional January 6, 2018 interest-only payment funded by CCRE on the closing date.
   
  Loan No. 47 – Amelia Court Apartments – The first payment date for the Mortgage Loan is February 6, 2018. On the Closing Date, LCF will deposit sufficient funds to pay the amount of interest that would be due with respect to a January 6, 2018 payment for the Mortgage Loan. Seasoning, Prepayment Provisions, First Pay Date, Remaining Term to Maturity or ARD and Remaining IO Term are inclusive of the additional January 6, 2018 interest-only payment funded by LCF on the closing date.
   
(27) Loan No. 32 – RPI Student Housing Portfolio – The Address is 107 11th Street, 1328 15th Street, 1406 15th Street, 155 10th Street, 162 10th Street, 1647 Tibbits Avenue, 17 Bleeker Avenue, 18 Bleeker Avenue, 1827 Highland Avenue, 2 10th Street, 2 Eagle Street, 21 Bleeker Avenue, 2150 13th Street, 2152 14th Street, 2172 14th Street, 2210 14th Street, 2219 15th Street, 2221 15th Street, 2223 14th Street, 2229 12th Street, 2231 12th Street, 2239 14th Street, 2240 14th Street, 2344 15th Street, 37 Christie, 4 Eagle Street, 41 13th Street, 50 Brunswick Ave, 66 9th Street, 77 Eagle Street, 80 Eagle Street, 919 Jacob Street, 2348 15th Street, 1211 Jacob Street, and 1601 Highland Ave.
   
(28) Loan No. 4 – National Office Portfolio – Numerous third party tenants are in free rent or rent abatement periods. $1,656,704 was reserved at origination with the lender in respect of free rent and rent abatements for the portfolio of related Mortgaged Properties. 
   
  Loan No. 48 – 55 Northwest 25th Street – The largest tenant at the Mortgaged Property, Miami Beer Ventures (Anheuser-Busch LLC), is currently in a free rent period for approximately 19 months from the rent commencement date in August 2017. At origination, $346,224 was reserved in respect of free rent.
   
(29) Loan No. 35 – Hampton Inn & Suites Blythe – The Mortgaged Property is encumbered by a transient occupancy tax loan with an approximate principal balance of $329,626.65 as of September 2017, pursuant to which the borrower pays an occupancy tax to the City of Blythe (the “City”) and the City loans such funds back to the borrower with interest. The City disburses the loaned funds to the borrower in monthly disbursements that may not exceed an aggregate amount of $1,212,578 and the borrower commences repayment of the loan on the earlier of (i) April 15, 2025, (ii) the date that the maximum aggregate amount of disbursements is reached, (iii) the termination of the related loan agreement or (iv) thirty days after the date that the borrower notifies the City in writing that it wants to discontinue receiving monthly loan disbursements. The loan must be repaid in full by 2035. The loan is fully subordinate to the Mortgage Loan, is payable only out of excess cash flow and the related disbursements were not included in the underwriting of the Mortgage Loan.
   
  Loan No. 40 – Lynchburg Apartments – The building is a historic structure, and as such, the building renovations qualified for state and federal historic tax credits. In order to realize the value of the federal historic credits, the borrower entered into a master lease of the Mortgaged Property and a tax credit pass-through agreement with an affiliate (the “Master Tenant”), which affiliate is controlled by the Mortgage Loan sponsor. In exchange for an investment of approximately $966,800, the Sherwin-Williams Company (“Sherwin Williams”) obtained a 92.0% equity interest in the Master Tenant, and thus received, in addition to other distributions based on its membership interest, an allocation of the federal historic tax credits. Pursuant to the master lease, the Master Tenant is required to make monthly payments to the borrower of 1/12 of the annual base rental payments pursuant to a schedule (ranging from $381,416 in 2014 to $360,985 in 2036). The master lease term expires on August 22, 2036; however, on or prior to December 31, 2018, the master lease may not be terminated nor may rent payable under such lease be accelerated and there are restrictions on the transferees which can assume ownership of the Mortgaged Property. Per the borrower, the federal historic tax credits have an estimated value of $1,245,000.
   
(30) Loan No. 29 – Candlewood Suites Fayetteville – The Grace Period Default for the first monthly payment will be five days and zero days for each payment thereafter.
   
(31) Loan No. 2 – AFIN Portfolio – The loan proceeds were used to refinance existing debt of approximately $18.0 million encumbering the San Pedro Crossing Mortgaged Property and recapitalize the borrower sponsor’s recent acquisition of the remaining 11 AFIN Portfolio Mortgaged Properties.
   
(32) Loan No. 9 – AvidXchange Headquarters – The AvidXchange Headquarters Mezzanine Loan has an outstanding principal balance of $8,000,000, as of the Cut-off Date, and allows for future advances under the same mezzanine loan, for an aggregate maximum principal amount of $12,000,000. The AvidXchange Headquarters Mezzanine Loan accrues interest at a rate of 5.0000% per annum and is interest-only in accordance with its terms and has an initial maturity date of December 8, 2022, with two additional one-year extensions options. Based on the AvidXchange Headquarters Mortgage Loan and maximum funding of the AvidXchange Headquarters Mezzanine Loan, the Total Debt Cut-off Date LTV Ratio, Total Debt UW NCF DSCR (based on interest-only payments) and Total Debt UW NOI Debt Yield are 57.4%, 1.82x and 10.1%, respectively. Based on the AvidXchange Headquarters Mortgage Loan and current funding of the AvidXchange Headquarters Mezzanine Loan, the Total Debt Cut-off Date LTV Ratio, Total Debt UW NCF DSCR (based on interest-only payments) and Total Debt UW NOI Debt Yield are 52.8%, 1.97x and 11.0%, respectively.